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Fidelity National Information Services Inc. stock underperforms Thursday when compared to competitors despite daily gainsBy Jamie McGeever (Reuters) – A look at the day ahead in Asian markets. India’s central bank interest rate decision grabs the spotlight in Asia on Friday, as investors digest yet another record high for the Nasdaq and adjust positions ahead of the weekend. The U.S. employment report for November later in the day is released after Asia closes, so investors across the continent may be inclined to square positions as best they can in preparation for Monday. The main event in Asia on Friday is in India. The Reserve Bank of India is overwhelmingly expected to hold its key repo rate at 6.50%, after a sharp rise in inflation past the RBI’s 6% tolerance ceiling in October prompted many economists to push back their forecasts for the first cut to early next year. With the rupee at record lows against the dollar, standing pat makes sense. But economists at Nomura, one of the five out of 67 houses in the Reuters poll predicting a rate cut, argue that weakening growth dynamics must be taken into account now. Although the rupee has never been weaker, benchmark bond yields are at their lowest in almost four years, Indian stocks are lagging many of their regional peers, and the economy is growing at its slowest pace in nearly two years. Maybe the RBI should start the easing cycle sooner rather than later? Investors go into the final trading session of the week against a relatively calm global backdrop, all things considered. Any market impact from the political ructions in South Korea and France appears to be fading and contained, and the dollar’s dip on Thursday will be welcomed too. The dollar fell 0.5% on Thursday. It’s probably too early to read anything too deeply into it, but that was its third down day in a row, a losing streak not seen since September. It will take more than that – perhaps a return to the September lows, around 5% below current levels – to really call into question the dollar’s resilience, but could fatigue be setting in? Fatigue is something the U.S. economy doesn’t seem to be showing any signs of yet. The Atlanta Fed on Thursday raised its GDPNow model estimate for Q4 growth to a remarkable 3.3%. As investors fret about growth in Europe, China and many other key economies around the world, America appears to be the exception that continues to prove the rule. This is a double-edged sword for Asia. On the one hand it’s clearly good news as booming U.S. markets should lift all others. But if it lifts the dollar and Treasury yields, then global financial conditions tighten and capital is sucked towards the US. Indeed, net selling of Asian equities by foreigners in November was the highest since June 2022. Here are key developments that could provide more direction to markets on Friday: – India rate decision – Japan household spending (October) – South Korea current account (October) (Reporting by Jamie McGeever; Editing by Deepa Babington) Disclaimer: This report is auto generated from the Reuters news service. ThePrint holds no responsibility for its content. var ytflag = 0;var myListener = function() {document.removeEventListener('mousemove', myListener, false);lazyloadmyframes();};document.addEventListener('mousemove', myListener, false);window.addEventListener('scroll', function() {if (ytflag == 0) {lazyloadmyframes();ytflag = 1;}});function lazyloadmyframes() {var ytv = document.getElementsByClassName("klazyiframe");for (var i = 0; i < ytv.length; i++) {ytv[i].src = ytv[i].getAttribute('data-src');}} Save my name, email, and website in this browser for the next time I comment. Δ document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() );
The ceremony was attended by government officials, industry leaders, and representatives from various sectors, all gathered to witness the official signing of agreements between the China International Barter Trading Center and a select group of partners. The air was filled with anticipation and excitement as the participants exchanged greetings and engaged in discussions about the future of barter trading in China.A last-minute appeal by a San Jose State University women’s volleyball player to get her transgender teammate banned from a regional championship series starting Wednesday has been denied. A two-judge panel in Colorado federal appeals court on Tuesday morning rejected the emergency appeal by San Jose co-captain Brooke Slusser and others to prevent a transgender woman from playing for the Spartans in the Mountain West Conference tournament starting tomorrow. Javascript is required for you to be able to read premium content. Please enable it in your browser settings. Get the latest news, sports, weather and more delivered right to your inbox.
Parliamentary Secretary for the Cabinet Division, Syed Sajid Mehdi, on Sunday suggested that people should “use the internet less” and for “important matters only” as a solution to frequent internet slowdowns in Pakistan. In recent months, users have experienced sluggish speeds , difficulty downloading media on WhatsApp, and intermittent connectivity issues across the country. Professionals in the IT sector have expressed utter dismay to Dawn over how the government handles the internet access issue to check “propaganda or terrorism” in cyberspace. Digital analysts say the government has been testing a “firewall” that monitors some platforms and gives the power to block content, like photos or videos of rallies shared on WhatsApp. Meanwhile, the IT industry has claimed that one hour of internet outages or disruption results in a loss of more than one million dollars for the whole sector, including export businesses. Pakistan Software Houses Association (P@sha) Chairman Sajjad Mustafa Syed said on December 3, “A one-hour internet slowdown might not have any significant impact on people, but disturbed services to a client in any stock market, airport service, bank, etc., in advanced countries would eventually lead to loss of confidence in Pakistan’s IT sector.” Speaking on DawnNews TV programme Doosra Rukh , the parliamentary secretary likened the internet in Pakistan to a road, adding that the more people use it, the more congested it would get and the slower people would move. “There are large loads on our internet, [just] like on a congested road,” he said. “Cars move slower if there is congestion. If 10 people use a road meant for five, it will slow everything down.” The secretary also said that Pakistan’s fibre network only has a capacity of 15 per cent compared to India’s 45pc, citing that as another reason for slow internet. Mehdi said that work was underway to resolve the issue and will be completed “very quickly”. When asked if the secretary thought that population increase was also to blame for internet slowdowns, he responded in the affirmative. “Like I said, if more people use the roads then of course it will slow down,” Mehdi answered, adding that this would be fixed within three to four months. He said that curbing what he termed “unnecessary” use of the internet would improve speeds. “I’m not saying stop using it, but use it only for important purposes like work, and not for unnecessary purposes,” he said. When asked if people in Pakistan were using the internet unnecessarily, Mehdi replied that people should use the internet mostly for work. “It will be beneficial if people don’t use the internet too much or for negative thinking”, he said. The parliamentary secretary also disagreed with the claim that internet slowdowns were causing financial losses to the IT sector. When informed that Pakistan Software Houses Association (P@SHA) had informed the parliament about the financial loss, he said: “We have not been told officially that the shutdown has caused financial losses. Nobody has filed any requests or complaints about financial losses. “If anyone has suffered personal losses, then that is a different matter entirely.”Looking ahead, the central bank's ability to balance the need for stimulus with concerns about financial stability and inflation will be crucial. While additional policy support is seen as necessary to support growth, policymakers will also need to consider the potential risks associated with excessive easing, including asset price bubbles and financial imbalances.
KANSAS CITY, Mo. (AP) — The Kansas City Chiefs have not been whole on offense all season, the byproduct of injuries to Marquise Brown on the very first game of the preseason and a season-ending injury to fellow wide receiver Rashee Rice at the end of September. They are close to it now. And it showed on Saturday. Brown made his regular-season debut after recovering from shoulder surgery, and made his presence felt on the first offensive series against Houston. The Chiefs were driving downfield but faced fourth-and-2 at the Texans 30, and Brown came open across the field for a 13-yard reception, resulting in a first down and eventually leading to a Kansas City touchdown. Brown went on to catch five passes for 45 yards in a 27-19 victory that pushed the Chiefs closer to the No. 1 seed in the AFC. “I thought he did a great job,” Chiefs quarterback Patrick Mahomes said. “I missed him here and there on a couple of throws, but I thought he was getting open. He was winning against man coverage, which was huge.” In fact, as the Chiefs (14-1) prepare to visit Pittsburgh on Christmas Day, they now have a receiving group that can win against just about any coverage. Brown and first-round pick Xavier Worthy, who had seven catches for 65 yards and a score, have the game-breaking speed to beat man-to-man defenses. And three-time All-Pro DeAndre Hopkins, along with four-time All-Pro tight end Travis Kelce, have the catch radius and veteran savvy to find the holes in any sort of zone. That makes the Chiefs offense as potent as it's been all season. “Kansas City made the plays. That’s why, you know, they’re at the top echelon of the NFL,” Texans coach DeMeco Ryans said. “They found ways to win, especially in situational football. they did a really good job on third down, staying on the field.” The Chiefs finished 7 of 13 on third down. They were 3 for 5 in the red zone and 2 for 2 in goal-to-go situations. That is the kind of efficiency they have had while winning the past two Super Bowls. “What can we do? The sky's the limit,” said Worthy, who has caught at least four passes in each of his past six games. “I feel like we're a hard team to beat. We just have to keep stacking.” What’s working The Chiefs defense, which had turned opponents over just 10 times in their first 13 games, has now created eight turnovers in the past two. That included two interceptions of Texans quarterback C.J. Stroud on Saturday. “They talked about breaking the seal last week,” said Chiefs cornerback Trent McDuffie, who had no interceptions in his first 48 games but has now picked off a pass in each of his past two. “You get around defensive backs, they talk about how it will come in bunches. I'm seeing it play out, being in the right place at the right time.” What needs help After piling up five sacks last week against Cleveland, the Chiefs struggled to capture Stroud on Saturday. They only managed two sacks, one of which was a cornerback blitz in the closing minutes that forced Houston to punt the ball away; the Chiefs were able to run out the clock on offense without giving the Texans another chance with it. Stock up The Chiefs started All-Pro left guard Joe Thuney at tackle for the second straight week, trying to solve their problem protecting Mahomes' blind side. He played admirably against a good Houston pass rush, and that was even more important when the Chiefs had to juggle the offensive line again following right tackle Jawaan Taylor's knee strain. Stock down Running back Isiah Pacheco carried nine times for just 26 yards, and he was stuffed on third-and-1 and fourth-and-1 early in the second half, forcing a turnover on downs. Meanwhile, Kareem Hunt gained 55 yards on 11 carries and caught two passes for 24 yards, showing more versatility and explosiveness out of the backfield. Injuries DT Chris Jones (calf strain) and RT Jawaan Taylor (knee strain) did not finish the game against the Texans. LB Jack Cochrane will miss the rest of the season after fracturing his ankle. Key number 14 — The Chiefs matched the franchise record for regular-season wins, set during the 2020 season and matched two years ago. They have two opportunities to break it with Pittsburgh on Wednesday and Denver in their regular-season finale. What’s next The Chiefs visit the Steelers on Christmas Day. ___ AP NFL: https://apnews.com/hub/NFL Dave Skretta, The Associated Press
Couple charged in ring suspected of stealing $1 million in Lululemon clothes
This demand for "evidence" has sparked a debate among netizens and legal experts, with some questioning the validity and feasibility of such a request. While it is common for consumers to seek compensation for unexpected objects in their food, the requirement for specific evidence in this case adds a new layer of complexity to the situation.
Additionally, an emphasis on rebounding is crucial for the team's success. Securing rebounds is a fundamental aspect of the game that can make or break a team's chances of winning. By pushing Liu to be more aggressive on the boards, the coach is ensuring that the team has a strong presence in the paint, both offensively and defensively. Rebounding is not just about grabbing the ball but also about creating second-chance opportunities and limiting the opponent’s scoring chances.
In conclusion, by implementing these three policy measures, governments can further enhance their efforts in providing employment assistance for older workers and fostering an age-inclusive workforce. It is imperative for policymakers to recognize the value and potential of older workers and take proactive steps to support their career development and employability. By creating a supportive ecosystem that values the contributions of older workers, we can ensure a more inclusive and sustainable workforce for the future.As we say goodbye to this remarkable man, let us hold onto the lessons he taught us and the love he shared. For in the end, it is not the length of our lives that matters, but the impact we make and the love we leave behind.
A Connecticut couple has been charged in Minnesota with being part of a shoplifting ring suspected of stealing around $1 million in goods across the country from the upscale athletic wear retailer Lululemon. Jadion Anthony Richards, 44, and Akwele Nickeisha Lawes-Richards, 45, both of Danbury, Connecticut, were charged this month with one felony count of organized retail theft. Both went free last week after posting bail bonds of $100,000 for him and $30,000 for her, court records show. They're due back in Ramsey County District Court in St. Paul on Dec. 16. According to the criminal complaints, a Lululemon investigator had been tracking the pair even before police first confronted them on Nov. 14 at a store in suburban Roseville. The investigator told police the couple were responsible for hundreds of thousands of dollars in losses across the country, the complaints said. They would steal items and make fraudulent returns, it said. Police found suitcases containing more than $50,000 worth of Lululemon clothing when they searched the couple's hotel room in Bloomington, the complaint said. RELATED STORY | Florida social media influencer arrested for stealing from Target According to the investigator, they were also suspected in thefts from Lululemon stores in Colorado, Utah, New York and Connecticut, the complaint said. Within Minnesota, they were also accused of thefts at stores in Minneapolis and the suburbs of Woodbury, Edina and Minnetonka. The investigator said the two were part of a group that would usually travel to a city and hit Lululemon stores there for two days, return to the East Coast to exchange the items without receipts for new items, take back the new items with the return receipts for credit card refunds, then head back out to commit more thefts, the complaint said. In at least some of the thefts, it said, Richards would enter the store first and buy one or two cheap items. He'd then return to the sales floor where, with help from Lawes-Richards, they would remove a security sensor from another item and put it on one of the items he had just purchased. Lawes-Richards and another woman would then conceal leggings under their clothing. They would then leave together. When the security sensors at the door went off, he would offer staff the bag with the items he had bought, while the women would keep walking out, fooling the staff into thinking it was his sensor that had set off the alarm, the complaint said. Richards' attorney declined to comment. Lawes-Richards' public defender did not immediately return a call seeking comment Monday. "This outcome continues to underscore our ongoing collaboration with law enforcement and our investments in advanced technology, team training and investigative capabilities to combat retail crime and hold offenders accountable," Tristen Shields, Lululemon's vice president of asset protection, said in a statement. "We remain dedicated to continuing these efforts to address and prevent this industrywide issue." The two are being prosecuted under a state law enacted last year that seeks to crack down on organized retail theft. One of its chief authors, Sen. Ron Latz, of St. Louis Park, said 34 states already had organized retail crime laws on their books. "I am glad to see it is working as intended to bring down criminal operations," Latz said in a statement. "This type of theft harms retailers in myriad ways, including lost economic activity, job loss, and threats to worker safety when crime goes unaddressed. It also harms consumers through rising costs and compromised products being resold online." Two Minnesota women were also charged under the new law in August. They were accused of targeting a Lululemon store in Minneapolis.All In On Data Partners with The Lighthouse to Advance STEM Education
When it comes to crafting a rich and immersive gaming experience, the role of Non-Player Character (NPC) companions cannot be understated. These virtual allies not only provide support and assistance to players but also add depth to the game world through their interactions and dialogue. However, there is a fine line between engaging players with meaningful conversations and overwhelming them with incessant chatter. In the realm of game design, striking the right balance is crucial to ensure that NPC companions are seen as intelligent allies rather than bothersome chatterboxes.As emergency services rushed to the scene, the priority was to ensure the safety of everyone present. Firefighters worked tirelessly to contain the blaze and prevent it from spreading to neighboring buildings, while paramedics attended to those who had suffered injuries in the chaos.Xylem Inc. stock underperforms Thursday when compared to competitors despite daily gainsHut 8 Operations Update for November 2024
Bitcoin has surpassed the $100,000 mark as the post-election rally continues. What's next?
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