How the Nasdaq and tech stocks became the winner on election night

first_imgThere might not have been a winner in the presidential election on Tuesday night, but there was a winner in the financial markets: the Nasdaq 100 and tech stocks broadly.Futures contracts tied to the Nasdaq 100 index jumped as much as 4% in overnight trading on Tuesday amid a volatile trading session that saw Dow futures register a nearly 800-point swing from high to low. Through the whipsaws, the Nasdaq 100 remained the relative outperformer. – Advertisement – – Advertisement –center_img The logo of Apple company is seen outside an Apple store in Bordeaux, France, March 22, 2019.Regis Duvignau | Reuterslast_img

Promotion of business tourism in nine world markets

first_imgThe Croatian National Tourist Board (CNTB) is conducting a special promotional campaign focused on the promotion of business tourism as one of the key segments of the Croatian tourist offer.The campaign is running to completion December this year in the markets France, USA, Germany, Austria, Great Britain, Benelux, Italy, Russia and Slovenia. The communication channels through which the campaign is conducted are social networks (Linkedin), print ads in specialized MICE editions and online advertising channels. “Business tourism is an important tourist product because individual and group business guests are a stable source of demand, which, depending on trends, is most pronounced in the pre- and post-season periods. Research among hoteliers shows that business guests make up 10 to 15 percent of the share of all hotel guests. We will continue to promote this product in key foreign markets with the aim of significantly extending the tourist season”, Said the director of the CNTB, Kristjan Staničić. As they point out in the CNTB, other activities aimed at promoting business tourism are being carried out, and in 2019 they will appear on specialized congress exchanges such as IMEX Frankfurt, IMEX America, IBTM Barcelona and CONVENTA Ljubljana, and there is also the organization and participation in business workshops as part of which meetings are held with key partners. Fairs, Buy and Sell workshopsBe sure to follow the list of fairs as well as Buy and Sell workshops which in practice have proven to be great b2b meetings.Buy Croatia is organized with the aim of directly introducing foreign partners to the tourist offers of certain destinations and / or new tourist products, while business workshops “Sell Croatia” (B2B workshop) are held between Croatian tourism entities and foreign partners, but characteristic of the concept “Sell Croatia ”is the holding of workshops on emitting markets.See more about Sell and Buy workshops HEREAre you on the list of congress tourism service providers? See if your offer and hotel is among the service providers in congress tourism, if not, be sure to contact the CNTB so that you can be among the service providers for congress tourism ( HERE )List of fairs in 2019List of fairs in 2019 organized by the Main Office of the Croatian National Tourist Board. At these fairs, there is the possibility of co-exhibiting in a smaller or larger co-exhibition space, depending on the size of the stand and the position within the stand. See more in the attachment below about the conditionsSide dish:LIST OF FAIRS in 2019  And yes for the end, be sure to take advantage for more information on markets and foreign partners  representations of the CNTB, they are there for you and surely they know the individual market best. And there are interesting ones emission market profiles which give a brief insight into each market.last_img read more

Coronavirus speeds up big oil’s shift to green

first_imgOutput slashed The biggest oil companies “have the scale and money to change away from fossil fuels over time and face a stark choice on when to do so,” Warwick professor Elmes said.Alongside BP’s cuts — set to reduce its production by 40 percent of 2019 levels over the coming decade —  the London-based giant said it would multiply investments in renewable energies by 10 times over the same period.”This coming decade is critical for the world in the fight against climate change, and to drive the necessary change in global energy systems will require action from everyone,” chief executive Bernard Looney said. Nevertheless, rating agency Standard and Poor’s recalled that across the industry, “the proportion of public communications about greener strategies or renewable initiatives by these companies has not been matched by the share of non-oil and gas investment planned”.Renewable energy is likely to fall far short of the profit margins achievable with hydrocarbons, the credit analysts said.”Overall, we expect oil and gas to remain the largest contributor to supermajors’ cash generation for many years,” they added. With oil prices blasted by a double blow of oversupply and demand throttled by the coronavirus crisis, some industry giants are eyeing less polluting investments as bets on a less hydrocarbon-heavy future.The world’s top five oil firms — BP, Chevron, ExxonMobil, Royal Dutch Shell and Total — reported combined losses of $53 billion for the second quarter in recent days.BP announced it would cut production by the equivalent of a million barrels of oil per day until 2030 as part of a plan to reach “net zero” greenhouse emissions by mid-century. Topics : “If there was ever a moment to reset, this is it,” said Luke Parker of energy consultancy Wood Mackenzie.”Our view is that BP has taken the prudent course of action.”In recent months, producer countries have been slow to reduce the amount of oil flooding the market even as major consumers like the airline industry saw operations pared back to almost nothing.In April, oil prices even fell into negative territory for the first time in history as traders scrambled to offload stock.center_img ‘Stranded fossil assets’ “If I were an investor in oil and gas, I would be worried that I would be putting my money in an outdated and risky industry,” said Arthur van Benthem, an associate professor at Pennsylvania’s Wharton Business School.The fossil firms’ results were not only undermined by reduced activity from the pandemic, but also massive write-downs in the value of their most precious assets – their as-yet untapped oil and gas reserves.”These assets will either be less profitable when they come on line, or not be produced at all at the future prices now expected,” said professor David Elmes of Warwick Business School.By themselves, forecasts for low energy prices to persist into the coming years can’t explain the sizes of the write-downs.Rather, they are “part of a longer trend in which the rapid pace at which renewable energy is becoming competitive is putting traditional energy companies at risk,” van Benthem said.”Large investment companies, insurers, central banks, and others are warning the market about ‘stranded fossil assets’… the renewable energy market seems a much safer bet.”As companies look to cut costs, new approvals for oil and gas projects could plunge by 75 percent this year, Rystad Energy analysts predict, rather than holding steady as previously expected. The impact has accelerated a strategic rethink for some oil companies.Even before the pandemic struck they could see governments stepping up plans to reach net zero carbon dioxide (CO2) emissions in the fight against climate change.last_img read more

January ideal time to buy a new home in Cairns

first_imgHe said owners moving out of town for work were usually very keen to sell, and many of those homes were in up-and-coming suburbs. “December is generally a dead month with little movement in the market, but we see an influx of buyers in January,” he said. “The three highest growth suburbs in 2018 were Trinity Beach, Redlynch and Brinsmead, but people are starting to move away from there and to the city fringe suburbs. >> SIGN UP NOW: CAIRNS POST DIGITAL SUBSCRIPTION FOR $5 A MONTH Video Player is loading.Play VideoPlayNext playlist itemMuteCurrent Time 0:00/Duration 1:06Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -1:06 Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions settings, opens captions settings dialogcaptions off, selectedQuality Levels720p720pHD540p540p270p270p180p180pAutoA, selectedAudio Tracken (Main), selectedFullscreenThis is a modal window.Beginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window.This is a modal window. This modal can be closed by pressing the Escape key or activating the close button.Close Modal DialogThis is a modal window. This modal can be closed by pressing the Escape key or activating the close button.PlayMuteCurrent Time 0:00/Duration 0:00Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:00 Playback Rate1xFullscreenHouse prices: Australia’s property market facing longest downturn in decades01:07JANUARY is set to be a homebuyer’s delight, with the lowest prices of the financial year forecast for the month. But sellers will have to be prepared to bargain if they are determined to sell their home. First National sales consultant Chris Eustace said prices for family homes were extremely low in January. “From a buyer’s perspective, January is the most opportune time to buy a home,” he said. “You can pick up a house at a much better price than you could at auction in December, and you can privately negotiate the price.” center_img Carpenter Josh Hiles out the front of his first home in Bungalow that he and his wife have recently purchased to renovate. PICTURE: STEWART MCLEANMore from newsCairns home ticks popular internet search terms2 days agoTen auction results from ‘active’ weekend in Cairns2 days ago“So if you want to buy in a growth area, look at Bungalow, Westcourt and Parramatta Park.“But for a bargain, look towards the northern beaches.” He said there was a sure way for buyers to show sellers that their offers were serious. “Make sure your finance is ready, with a letter saying that you’re approved,” he said. “As an agent, I know that taking that letter to the vendor and telling them that the buyer is serious and has their finance approved will show that the buyer is serious.”last_img read more

New Dredge Joins Hall Contracting Fleet

first_imgAustralian dredging and civil construction company Hall Contracting has recently added a $1.3 million amphibious dredge to its fleet.The company’s CEO Cameron Hall also announced plans to purchase an additional four of the European machines over the coming months.Mr Hall said that the dredge – recently christened Mooloolah River – is currently the only vessel in the company’s fleet of 11 dredges with the ability to operate both on land and in water.“The dredge can undertake everything from excavating dry ground and installing piles, right through to dredging sediment from waterways and clearing rubbish using a variety of interchangeable attachments,” Mr Hall said.“Traditionally, these works could only be completed using a number of different machines, so the Mooloolah River will revolutionize how we work and generate efficiencies,” added Mr Hall.According to him, the dredge only requires one person to operate it and, in most cases, there is no need for tugboats, assisting vessels, additional anchors or winches, keeping costs and completion timeframes to a minimum.The dredge’s highly mobile and compact design will allow Hall Contracting to tackle a wide range of shallow water projects that previously would have posed accessibility challenges.“One of the common obstacles we face with dredging projects is working within small, hard-to-reach locations like small industrial waste ponds, marinas and sewage treatment plants that aren’t big enough to accommodate larger dredging vessels,” he said.“We have already had an opportunity to put it to the test in our home state of Queensland, where we successfully dredged around 5,000 cubic meters in a restricted space. Its strong performance has encouraged us to purchase another four machines,” added Mr Hall.Mr Hall said that the dredge was especially useful in dredging polluted waterways and toxic sediment.“We’re able to attach the clamshell bucket when working on environmentally sensitive projects, minimizing sediment disturbance,” he said. “The dredge also has the ability to pump soils containing substantial amounts of litter, eliminating the need for an excavator.”The Mooloolah River will journey to a coal mine in Central Queensland shortly to undertake tailings dredging works.Hall Contracting is planing to use the machine in deepening shallow waterways; cleaning urban canals, rivers and mine tailings ponds; and undertaking flood mitigation works. It is currently the only dredge of its kind in the state.last_img read more

Serie A giants Juventus target Ajax star Sergino Dest

first_img According to reports from Italian outlet Calciomercato.com, Maurizio Sarri’s side have contacted the 19-year old’s agent in an attempt to beat La Blaugrana in the race to sign him. Both sides are reportedly targeting a new right back ahead of the 2020-21 campaign, with doubts over Nelson Semedo’s future at , and Juan Cuadrado filling in for Sarri, following Joao Cancelo’s move to Manchester City. Read Also: La Liga: Spanish capital prepares for Real Madrid title paradeAjax CEO Edwin van der Sar has stated they will not allow star players to leave for reduced prices, after seeing Frenkie De Jong, Matthijs De Ligt and Hakim Ziyech leave in the last 12 months.Dest is under contract with the Eredivisie club until 2022, and he could be available for a fee of around €18-20m.FacebookTwitterWhatsAppEmail分享 Serie A leaders Juventus could potentially spark a summer bidding war with Barcelona for highly rated Ajax full back Sergino Dest. The Catalans have been heavily linked with a move for the USA international after an excellent breakthrough season in the Netherlands.Advertisement Loading… Promoted Content6 Best 90’s Action Movies From Your ChildhoodWho Is The Most Powerful Woman On Earth?The Very Last Bitcoin Will Be Mined Around 2140. Read MoreCouples Who Celebrated Their Union In A Unique, Unforgettable WayCan Playing Too Many Video Games Hurt Your Body?6 Incredibly Strange Facts About Hurricanes7 Ways To Understand Your Girlfriend Better5 Of The World’s Most Unique Theme Parks7 Ways To Understand Your Girlfriend Better7 Black Hole Facts That Will Change Your View Of The UniverseSome Impressive And Almost Shocking Robots That ExistA Hurricane Can Be As Powerful As 10 Atomic Bombslast_img read more

Found seeks Ascot Coronation

first_imgFound heads a field of nine in Friday’s Coronation Stakes at Royal Ascot. The Aidan O’Brien-trained filly just failed to catch Jim Bolger’s Pleascach in the Irish 1,000 Guineas on her latest outing. With Pleascach running in the Ribblesdale on Thursday, Bolger saddles Lucida, who was just worn down at Newmarket by David Wachman’s Legatissimo. French Guineas winner Ervedya has just two defeats on her record, finishing third behind two colts in the Prix Morny and second to Found in the Prix Marcel Boussac on Arc day. Irish Rookie, second to Ervedya at Longchamp, will aim to give Martyn Meade the biggest win of his career after connections decided to stick at a mile rather than go for the Prix de Diane last weekend. David Elsworth’s Arabian Queen steps up in class after running out an impressive winner at Epsom in the Princess Elizabeth Stakes. John Gosden’s Sperry has been improving at a rate of knots but tackles her stiffest test yet, while stablemate Yasmeen, the least experienced in the field, tackles Sperry again after chasing her home at York. Local Time carried all before her in Dubai but was only 10th in the 1000 Guineas, while Miss Temple City is an interesting runner for Englishman Graham Motion, who is based in America. center_img Press Associationlast_img read more

Chelsea agree Baba Rahman deal

first_imgChelsea have agreed a deal for Augsburg left-back Baba Rahman, the German side have announced. The Barclays Premier League champions, who lost 3-0 at Manchester City on Sunday, will sign the 21-year-old Ghanaian for an undisclosed fee. Augsburg confirmed on their official website: “Augs burg and Chelsea have agreed on an immediate transfer of left-back Baba Rahman. Both clubs have agreed not to disclose the fee.” The German club’s general manager Stefan Reuter said: “Baba Rahman has developed tremendously in his year with us and made a great leap. It’s not just reward for his achievements, but also for our work, if international giants like Chelsea are interested in signing him.” Rahman played 31 games for Augsburg last season after joining from German second division side Greuther Furth. He said: “I thank all those responsible, the coaches and fans of Augsburg, for their support last year. “I have to take this chance to play at a top club in England, although I was actually set on a long-term stay in Augsburg a year ago. I felt very comfortable in the team.” Rahman who was left out of Augsburg’s 1-0 Bundesliga defeat to Hertha Berlin so he could complete the formalities of the move, cost Augsburg 2.5million euros (£1.75million) last summer. The Blues confirmed the deal after their defeat to City, with Rahman adding on chelseafc.com: “I am very happy to sign for Chelsea, one of the biggest clubs in the world. “I can’t wait to train with my new team-mates and am very much looking forward to working with them and Mr (Jose) Mourinho.” Manager Mourinho, speaking in his post-match press conference at the Etihad Stadium, said: “It is important because he is a left-back. He can compete with (Cesar) Azpilicueta. “At the same time Azpilicueta can compete with (Branislav) Ivanovic for the right-back position, so he replaces Filipe Luis in the balance of the squad.” center_img Press Associationlast_img read more

Lewis’ blazing 97 destroys Barbados Tridents by 10 wickets

first_img… Amazon Warrriors to play Tallawahs in Eliminator 1 on WednesdayA historic innings from Evin Lewis consigned the Barbados Tridents to a 10-wicket defeat in Match 30 of the Hero Caribbean Premier League (CPL) at Kensington Oval last night.Lewis blitzed 97 off just 32 balls in an astonishing assault that saw the St Kitts and Nevis Patriots chase down 129 in only seven overs. The Patriots innings run rate of 18.48 runs per over is the highest innings run rate in the history of T20 cricket.The result means the Tridents miss out on a spot in Finals Week while the Patriots have finished second in the table and will be given two chances to reach the finals.The Patriots run-chase was over almost as soon as it had begun. The formidable opening pair of Chris Gayle and Evin Lewis wasted no time in tucking into the Tridents’ new ball bowling.Lewis hit the ball astonishingly cleanly from the very start of his innings, taking three sixes from Wayne Parnell’s first over and never looking back.Lewis scored on both sides of the wicket but predominantly the leg side, picking sixes up over square leg, heaving them over mid-wicket and clubbing them straight. He reached his fifty off just 19 balls. Gayle was left in the unfamiliar role of lending support.The Patriots Powerplay score of 105 for 0 is the equal second highest score in the first six overs in T20 history. Lewis appeared set to bring up his century with the winning runs only for Pollard to bowl a no ball with one run required, leaving him stranded on 97 not out.Earlier in the evening, after winning the toss and electing to bat first, a bright start by the Tridents was derailed when they lost both openers to the last ball of the fifth and first ball of the sixth over.First Nicholas Pooran mis-judged the length of a ball from Mohammad Hafeez and was bowled when looking to pull. Then Dwayne Smith inside edged a pull shot off Carlos Brathwaite onto his thigh pad and into the wicket-keeper’s gloves. The Tridents scored 45 for 2 off their six Powerplay overs.After the Powerplay, Kane Williamson and Tion Webster appeared content to busily rotate the strike, picking off ones and twos in the outfield. However, the pressure of a slowly moving scoreboard began to tell after a string of tight deliveries.Eventually, it accounted for Williamson when he slog-swept Tabraiz Shamsi and was caught in the deep. Four balls later Eoin Morgan was bowled by Mohammad Nabi after playing down the wrong line as a consequence of some drift. The ball pitched and held its line, pegging back off stump. When Shamar Springer was trapped lbw by Shamsi in the following over, the Tridents were reeling at 81 for 5.Webster threatened to get going when he launched Nabi for a huge six and then delicately guided a four through third man. However, the wickets of Kieron Pollard and Webster in the same over from Carlos Brathwaite quickly extinguished hopes of a comeback as the Tridents slipped further into the mire. In the eighteenth over Brathwaite collected his fourth wicket, to finish with 4 for 15 in a spell of tight lines and back of a length bowling.In the end, the Tridents limped their way to a total of 129 for 8 from their 20 overs, a total that was surpassed in just 42 balls.Upcoming FixturesTuesday: Qualifier 1, Trinbago Knight Riders v St Kitts and Nevis Patriots, Tarouba, 20.00hrsWednesday: Eliminator 1, Jamaica Tallawahs v Guyana Amazon Warriors, Tarouba, 20.00hrs.last_img read more

The Latest: South Korea allows some baseball fans in stands

first_img___The Buffalo Bills are giving season ticket holders the option to have their money refunded or defer any payments made toward the 2021 season.Those who choose to defer payments will maintain an opportunity to purchase a limited number of single-game tickets for this year, should fans be allowed to attend, the team wrote in a letter to season ticket holders on Thursday.Season ticket holders will maintain their seniority for next season no matter which option they choose. Those choosing to keep their money in the account will also get subscriptions to NFL Game Pass and the NFL Network’s RedZone channel.___ Associated Press July 23, 2020 His letter follows a Wisconsin State-Journal repor t that the athletic department could lose more than $100 million if there’s no football season. According to that report, Wisconsin would lose between $60 million and $70 million if the football team played a Big Ten-only schedule while all other sports continued.___A Venezuelan scout who worked for the Arizona Diamondbacks in the Dominican Republic has died of COVID-19.The team released a statement saying Johan Maya died due to complications of the coronavirus on Thursday. He joined the Diamondbacks in 2019 after 15 years scouting for the Houston Astros.The team’s statement said Maya “was a great person, a family guy and true baseball man who started his career as a professional player and went on to coaching before becoming a scout.” Senior Health Ministry official Yoon Tae-ho, during a virus briefing on Friday, also said fans will be allowed at professional soccer games starting on Aug. 1. However, professional golf tournaments will continue without galleries at least until late August, he said.Both baseball and soccer teams will be initially allowed to sell only 10% of the seats for each game as officials plan to control the level of attendance based on the progress of anti-virus efforts.Spectators will continue to be banned in the city of Gwangju and nearby South Jeolla Province towns, which have elevated their social distancing measures following a rise in transmissions in recent weeks.Fans will also be screened for fevers and required to sit apart in the seats. They will be required to wear masks, banned from eating food and drinking beer, and discouraged from excessive shouting, singing and cheering during the game. Stadium officials will also register fans with smartphone QR codes so that they could be easily located when needed.South Korea’s baseball and soccer leagues returned to action in May without fans in the stands. Seats have been covered with cheering banners, dolls or pictures of fans as teams tried to mimic a festive atmosphere. The Latest: South Korea allows some baseball fans in stands The Diamond League track meet in Gateshead, England, has been canceled because of the coronavirus pandemic.It is the fifth of the 15 meets in the series to be canceled. The event in London was also called off.The Gateshead meet was originally scheduled for Aug. 16 and then moved to Sept. 12 before being canceled.The first full Diamond League meet is currently set to be held on Aug. 14 in Monaco.Exhibition meets have been organized remotely from Oslo and Zurich with athletes worldwide competing simultaneously in a few events.center_img ___More AP sports: https://apnews.com/apf-sports and https://twitter.com/AP_Sports ___The University of North Carolina says men’s basketball coach Roy Williams and his wife, Wanda, donated more than $600,000 to fund scholarships for spring-sports seniors who are returning for another year after the coronavirus pandemic cut short the 2019-20 season.The school said Thursday that the Williamses initially wanted to keep the May gift anonymous.“He didn’t want those students to miss that experience and wanted to fund those scholarships for next year,” athletic director Bubba Cunningham said in a statement. “I still get chills when I think about his phone call and the impact it would have for dozens of our students.”Williams, a Hall of Famer with three NCAA championships, is preparing for his 18th season at his alma mater. Share This StoryFacebookTwitteremailPrintLinkedinRedditThe Latest on the effects of the coronavirus outbreak on sports around the world:___South Korea says it will allow baseball fans to return to the stands beginning Sunday as health authorities outlined a phased process to bring back spectators in professional sports amid the COVID-19 epidemic. ___The American Academy of Pediatrics has announced new recommendations for youth sports during the pandemic to minimize risks of COVID-19.They include masks for young athletes in non-vigorous activities when social distancing isn’t possible, practicing in small pods that don’t switch players and not sharing equipment.Because the virus spreads most easily with prolonged, close contact with an infected person, risks to young athletes will likely depend on the type of sport, number of players and indoor versus outdoor setting, the academy said, adding, “Risk can be decreased but not eliminated, by athletes, parents, coaches and officials following safety protocols.” The academy posted the guidance online Wednesday. ___Wisconsin athletic director Barry Alvarez says the school’s athletic department faces a potential $100 million loss of revenue in its $140 million budget due to challenges brought about by the pandemic.Alvarez wrote that in an open letter to “fellow Badgers” that appeared on the Wisconsin athletic department’s website.“The reality is that this financial crisis threatens our ability to sustain the success we’ve celebrated,” Alvarez wrote. “It threatens our pride in what we’ve built. It threatens our position in college athletics.”Alvarez added that “I believe we will reach a monumental crossroads in the coming days.”last_img read more