The U.S. housing finance regulator on Tuesday said it planned to re-issue new capital rules for mortgage giants Fannie Mae and Freddie Mac next year, in a development that is likely to slow the pair’s removal from government control. The Federal Housing Finance Agency (FHFA) said it would again propose the rule first unveiled in…
Qualcomm forecasts 450 mln in global 5G phone sales in 2021
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Qualcomm Inc expects global smartphone makers to ship 450 million 5G handsets in 2021 and another 750 million in 2022, the world’s largest supplier of mobile phone chips said on Tuesday. Going by Qualcomm’s own previous forecast of 200 million 5G devices for next year, the 2021 forecast suggests 125% growth from 2020. Qualcomm said…
Company logos vanish from Prince Andrew's website as sex scandal grows
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A scheme for entrepreneurs founded by Prince Andrew has taken down the logos of its corporate sponsors from its website, as firms and charities distance themselves from the British royal over a sex scandal. Andrew, Queen Elizabeth’s second son, denies an allegation that he had sex with a 17-year-old girl procured for him by his…
UPDATE 1-Italian police search ArcelorMittal offices over Ilva probe
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Italian police are searching ArcelorMittal’s offices in Milan and the southern city of Taranto in an investigation into the troubled Ilva steel plant, which the company wants to hand back to the government, ArcelorMittal said in a statement. A police spokesman did not immediately respond to a request for comment. The Italian government filed an…
EOS vs Ethereum: A blockchain comparison
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Ethereum and EOS are two of the world's most prominent blockchain projects at the time of writing. While Ethereum wants to decentralise world computing, EOS's target is to run fast decentralised applications (dApps). To achieve these goals, each protocol uses a different consensus algorithm and a different governance model. Ethereum has a strong focus on…
China's Inner Mongolia reports fresh bubonic plague case
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China’s Inner Mongolia reported a fresh, confirmed case of bubonic plague on Sunday, despite an earlier declaration by the country’s health officials that the risk of an outbreak was minimal. The health commission of the autonomous region said a 55-year-old man was diagnosed with the disease after he ate wild rabbit meat on Nov. 5.…
Corbyn Energizes Labour, Scares Markets With Free Broadband Plan
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(Bloomberg) — Sign up to our Brexit Bulletin, follow us @Brexit and subscribe to our podcast.Jeremy Corbyn has been trying to shift his Labour Party’s election campaign off the thorny issue of Brexit and onto his radical plans to shake up the U.K. economy. He finally achieved it on Friday, drowning out Prime Minister Boris Johnson’s own media blitz…
Has MSC Signed Up Maersk’s Toft As CEO?
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Could Soren Toft – who was the chief operating officer of Maersk until Nov. 11 – have jumped ship and joined the Danish shipping giant’s rival MSC? Switzerland-based MSC, a partner of Maersk in the 2M alliance, refused to respond when FreightWaves asked if, as widely rumored, the 45-year old Toft will be announced as…
Edited Transcript of STML earnings conference call or presentation 8-Nov-19 1:00pm GMT
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Q3 2019 Stemline Therapeutics Inc Earnings Call
Latest Litecoin price and analysis (LTC to USD)
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Litecoin (LTC) experienced exponential growth earlier this year. Prior to mid-June, the altcoin was the best performing digital asset of 2019, growing more than 170% in fewer than 90 days and peaking at around $145. A serious summer downtrend then saw LTC tumble to around $49 before a market-wide pump last month following Chinese President…
Arby's restaurant removes 'insensitive' sign following outcry from parents
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"I was shocked to find a sign like that," parent says.
Threat Of Another Lufthansa Strike Dropped — For Now
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Lufthansa and the Independent Flight Attendant Organization (UFO) have agreed to continue negotiations on a collective bargaining agreement with the help of arbitration, following a two-day strike last week that forced Lufthansa to cancel 1,300 flights. Under the Nov. 12 truce, the UFO will not initiate any work stoppages and Lufthansa withdrew its legal action…