Tag Archives: eases

Twitter’s New CEO, Linda Yaccarino, Eases Into the Hot Seat – The New York Times

  1. Twitter’s New CEO, Linda Yaccarino, Eases Into the Hot Seat The New York Times
  2. Linda Yaccarino’s vision for Twitter 2.0 emerges Ars Technica
  3. How Twitter’s New CEO Aims To Take On Zuckerberg And Dominate Social Media – Alphabet (NASDAQ:GOOG), Alphabet (NASDAQ:GOOGL), Meta Platforms (NASDAQ:META), IBM (NYSE:IBM), Salesforce (NYSE:CRM) Benzinga
  4. Twitter’s new chief working on plans to bring advertisers back to platform – FT AOL
  5. Twitter’s new CEO told staffers they need to use ‘hand-to-hand combat’ to convince advertisers to come back, r Business Insider India
  6. View Full Coverage on Google News

Read original article here

Inflation Eases, S&P 500 Cools As Banks Kick Off Q1 Earnings Season – SPDR S&P 500 (ARCA:SPY) – Benzinga

  1. Inflation Eases, S&P 500 Cools As Banks Kick Off Q1 Earnings Season – SPDR S&P 500 (ARCA:SPY) Benzinga
  2. Dow Jones Futures: Tesla, Netflix, Apple Near Buy Points In Volatile, Resilient Market Rally | Investor’s Business Daily Investor’s Business Daily
  3. Stocks end lower, but see weekly gains MarketWatch
  4. Stocks slip as rate worries overshadow big bank profits 코리아타임스
  5. S&P 500 adds ~0.8% for the week amid favorable inflation data, start of Q1 earnings (SPY) Seeking Alpha
  6. View Full Coverage on Google News

Read original article here

Asia-Pacific markets, Wall Street, industrial output, Hong Kong eases restrictions

Bank of Japan announces unscheduled bond purchases

The Bank of Japan announced two rounds of unscheduled purchases of Japanese government bonds in attempt to contain upward pressure in yields, according to a notice.

The central bank offered to buy unlimited amounts of two- and five-year notes at a fixed rate – and another offer to buy 600 billion yen ($4.5 billion) of one-to-10 year bonds, it said.

This is in addition to its latest announcement to purchase JGBs every business day at a rate of 0.5% starting Dec. 20.

The 10-year JGB yield was last 0.22% lower to stand at 0.465%. Bond yields move inversely to prices.

The central bank last week widened its band of yield curve tolerance for 10-year JGBs to 0.5% of either side of its 0% target from the previous range of 0.25%.

—Lee Ying Shan

South Korea’s retail sales see third month of declines, industrial output recovers

South Korea’s November retail sales fell 1.8% on an annualized basis, declining further after seeing a 0.2% drop in October, government data showed.

Meanwhile, its industrial production inched up 0.4% for the month, slightly recovering after seeing four straight months of declines previously.

South Korea is expected to release its consumer price index on Friday, in which economists polled by Reuters are expecting to see further cooled inflation of 5%.

– Jihye Lee

Oil prices dip as China’s reopening optimism fizzles

Oil prices dipped marginally as China continues to see a rising number of Covid cases as well as a strain in medical resources fizzle optimism in the nation’s reopening and fuel demand outlook.

Brent crude futures shed 0.46% to stand at $82.88 per barrel. Similarly, the U.S. West Texas Intermediate dropped 0.49% to $78.58 per barrel.

“Even the China re-opening narrative may be hobbled by record Covid breakout in China,” Mizuho Bank’s Vishnu Varathan wrote in a note, adding that its reopening should also not be mistaken for an “enduring immunity” from global recession risks.

—Lee Ying Shan

Apple’s Asia suppliers fall after shares from the tech giant record fresh low

Italy makes Covid tests mandatory for travelers from China: Reuters

Italy will require all inbound travelers from China to undergo Covid tests, Reuters reports its health minister as saying, after authorities in Milan reported that almost 50% of passengers on two flights from China tested positive.

It has not been specified what measures would be imposed on arrivals who test positive, Reuters reported.

Separately, the UK is considering following suit after the U.S. announced mandatory testing on arrivals from China, the Telegraph reported.

—Lee Ying Shan

CNBC Pro: Tech is ‘down but by no means out’ — watch these stocks in 2023, fund manager says

It’s been a bad year for tech companies, and many investors have been wondering when tech stocks will rebound.

Tech fund manager Jeremy Gleeson of AXA Investment Managers told CNBC Pro Talks last week that he still believes in the sector.

He explains why and names the stocks to buy.

CNBC Pro subscribers can read more here.

— Weizhen Tan

Crypto exchange Kraken to shut down Japan operations

Digital currency exchange Kraken announced it will cease operations in Japan next month, and deregister from Japan’s Financial Services Agency on Jan. 31, 2023.

The exchange cited a confluence of “current market conditions in Japan” and a “weak crypto market globally” as the reasons behind its move.

The decision was also part of Kraken’s efforts to “prioritize resources and investments in those areas that align with [its] strategy and will best position Kraken for long term success.”

Bitcoin fell 0.64% in the past 24 hours and last traded at $16,571.12, according to Coin Metrics. Ether dropped 1.18% to $1,193.34.

— Ryan Browne, Lee Ying Shan

U.S. will require negative Covid test from China travelers

Airline passengers entering the U.S. from China will need to have a negative Covid test, a federal health official announced on Wednesday.

The rule goes into effect on Jan. 5 and applies to all travelers who are at least two years of age from China, Hong Kong and Macau. The rule applies regardless of nationality or vaccination status.

After attempting a zero Covid policy for much longer than other major countries, China is now seeing a wave of infections after rolling back its public health restrictions in recen weeks.

— Jesse Pound

Apple breaks key technical level, sets new 52-week low

Apple fell through the key $129 level and set a new 52-week low for a second day Wednesday. 

Some analysts look at Apple, the largest market cap stock, as a bellwether for the overall market and a major influence on investor sentiment.

“It’s not great for the overall market,” said Todd Sohn, technical analyst at Strategas. “The end of year is a funky time, but if it continues into the first couple of weeks of the year, it’s for real.”

Apple fell through $129 support in early trading Wednesday and touched a low of $126.41 before reversing. The stock was at $127.15 in afternoon trading.

“If your largest weight is weak and making new lows, that’s not great. Your top player is not scoring,” he said. Sohn said the five largest market cap names are still losing steam. “The silver lining is the influence on the (S&P 500) index is dropping.”

–Patti Domm

 

 

CNBC Pro: China eases its Covid restrictions. That could spell a buying opportunity in these stocks

An reopening in the world’s second-largest economy could spell a buying opportunity for investors as China unwinds much of its Covid restrictions.

Investors have taken recent developments as a signal to start snapping up China equities. They expect that China’s economy could get a boost in 2023, while the U.S. and Europe continue to deal with the lagging effect of monetary tightening that could put a damper on economic growth.

“A lot of institutional investors have been very underweight Chinese equities,” said Carlos Asilis, co-founder and CIO at Glovista Investments.

“And I think that that’s been a mistake, because it has ignored this very important potential baseline case which is now being priced in, which is that of the Chinese economy undergoing next year a similar recovery path that we saw this year in the case of the United States,” he added.

CNBC Pro subscribers can read the full story here.

— Sarah Min

Read original article here

UK inflation falls from 41-year high as fuel price surge eases

LONDON — U.K. inflation came in slightly below expectations at 10.7% in November, as cooling fuel prices helped ease price pressures, though high food and energy prices continued to squeeze households and businesses.

Economists polled by Reuters had projected an annual increase in the consumer price index of 10.9% in November, after October saw an unexpected climb to a 41-year high of 11.1%. On a monthly basis, the November increase was 0.4%, down from 2% in October and below a consensus estimate of 0.6%.

The Office for National Statistics said the largest upward contributions came from “housing and household services (principally from electricity, gas, and other fuels), and food and non-alcoholic beverages.”

The largest downward contributions over the month came from “transport, particularly motor fuels, with rising prices in restaurants, cafes and pubs making the largest, partially offsetting, upward contribution.”

The Bank of England will announce its next monetary policy move on Thursday. It is widely expected to raise interest rates by 50 basis points, as it juggles sky-high inflation and an economy that policymakers say is already in its longest recession on record.

The country faces widespread industrial action over the Christmas period, as workers strike to demand pay rises closer to the rate of inflation and better working conditions.

The independent Office for Budget Responsibility projected that the U.K. will suffer its largest fall in living standards since records began, as real household income is expected to decline by 4.3% in 2022-23.

U.K. Finance Minister Jeremy Hunt last month announced a sweeping £55 billion ($68 billion) fiscal plan, including a slew of tax rises and spending cuts, in an attempt to plug a substantial hole in the country’s public finances.

A positive step, but risks remain

While the dip in Wednesday’s figures is a step in the right direction, the persistent problem of rising food prices and household energy bills remains a thorn in the side of the British economy, noted Richard Carter, head of fixed interest research at Quilter Cheviot.

However, Carter suggested inflation may finally be passing its peak, after the U.S. also posted a better-than-expected CPI print on Tuesday.

“Temperatures have taken a sharp dive in the last week or so, and the demand for gas will no doubt have increased as people are forced to heat their homes,” Carter added.

“As the autumn had been rather mild, we will only now begin to see the real impact of higher energy bills. While the government support remains in place for now, any changes made once the April deadline is reached could have a knock-on effect on inflation.”

The Bank of England faces a tricky task in trying to drag inflation back towards its 2% target while remaining cognizant of a weakening economy. This was evident in the latest U.K. labor market data earlier this week, which showed an uptick in both unemployment and wage growth.

“While inflation is falling, it remains well ahead of wages, and we are heading into a new winter of discontent with strikes concentrated in the unionised public sector and former nationalised industries as a result,” Carter said.

The market is pricing a 50 basis point interest rate hike from the Bank on Thursday, taking the benchmark rate to 3.5%. Policymakers have signaled a potential slowing of the pace of hikes in 2023. However, inflation remains well above target.

“The Chancellor’s Autumn Statement in November helped to settle the waters following months of significant turbulence, but inflation remains far above the Bank’s 2% target, which means there is still a long way to go yet,” Carter said.

“A rapid fall in inflation is highly unlikely, but it is positive to see it finally moving in the right direction.”

This is a breaking news story, please check back later for more.

Read original article here

China eases some of its Covid restrictions, in significant step toward reopening



CNN
 — 

China announced sweeping changes to its national pandemic response on Wednesday, the clearest and most significant sign yet that the central government is moving away from its strict zero-Covid approach that prompted protests across the country.

In a statement reported by state broadcaster CCTV, China’s State Council unveiled 10 new guidelines that loosen some restrictions – most notably, allowing home quarantine and largely scrapping the health QR code that has been mandatory for entering most public places.

Local governments had already taken steps this week that indicated a possible change in direction – including some major cities loosening requirements on Covid testing.

But this is the first official change in Covid policy on a national level – a notable turnaround by Beijing, which for the past three years has insisted that unwavering restrictions are the only effective way to stamp out the highly transmissible virus.

Here are some of the biggest changes.

Since early in the pandemic, China has used health codes on mobile phones to track individuals’ health statuses. The color of these codes – in red, amber or green – decides whether users can leave their homes, use public transport and enter public places, or potentially need to quarantine.

Under the guidelines released Wednesday, people will be able to enter most places without showing a negative test result or their health code – a significant step after nearly three years of disruption to people’s daily routines and livelihoods.

Only a few exceptions will still require these checks, including nursing homes, medical institutions and secondary schools. Businesses can now determine their own prevention and control policies, the report added.

In another massive change, asymptomatic Covid patients or those with mild symptoms will be allowed to quarantine at home instead of being taken to a government facility, unless they choose otherwise.

Patients whose condition deteriorates will be transferred to hospital for treatment, the report said. Close contacts can also quarantine at home.

Throughout the pandemic, Chinese residents have described the chaos and stress of going into quarantine camps, many saying it was unclear when they would be allowed to leave, and others complaining of crowded or poor conditions.

In several cases, health workers reportedly killed the pets of those taken to government quarantine, citing health risks – triggering outrage on Chinese social media each time. Others criticized the policy after reports earlier this year of elderly residents being forced out of their homes in the middle of the night for transport to quarantine.

– Source:
CNN
” data-fave-thumbnails=”{“big”:{“uri”:”https://media.cnn.com/api/v1/images/stellar/prod/221202121524-video-thumbnail-china-covid-hangzhou-resident-dragged.jpg?c=16×9&q=h_540,w_960,c_fill”},”small”:{“uri”:”https://media.cnn.com/api/v1/images/stellar/prod/221202121524-video-thumbnail-china-covid-hangzhou-resident-dragged.jpg?c=16×9&q=h_540,w_960,c_fill”}}” data-vr-video=”” data-show-name=”” data-show-url=”” data-check-event-based-preview=”” data-network-id=”” data-details=””>

Man dragged out of home after allegedly refusing to go to quarantine facility


00:59

– Source:
CNN

The new guidelines also urge authorities to “ensure the normal functioning of society and basic medical services,” saying areas that aren’t designated high-risk should not restrict people’s movements or close businesses.

Lockdowns are only allowed in “high-risk areas,” and even then, should be “promptly” lifted if no new cases are found for five consecutive days, it said. It added that authorities are forbidden from blocking fire escapes, apartment or building entrances, and other gates, so residents can still evacuate and seek medical attention if needed.

This particular guideline comes at a particularly sensitive time, with China still reeling from a wave of rare public protest in late November and early December, that had been triggered by a deadly fire in the far western Xinjiang region. Public fury had swept the nation after videos of the incident appeared to show lockdown measures had delayed firefighters from reaching the victims.

During the protests, thousands across the country took to the streets to call for an end to lockdowns and other zero-Covid measures – with some voicing broader grievances against censorship and the ruling Communist Party’s authoritarian leadership.

– Source:
CNN
” data-fave-thumbnails=”{“big”:{“uri”:”https://media.cnn.com/api/v1/images/stellar/prod/221129105146-02-china-protest-crackdown.jpg?c=16×9&q=h_540,w_960,c_fill”},”small”:{“uri”:”https://media.cnn.com/api/v1/images/stellar/prod/221129105146-02-china-protest-crackdown.jpg?c=16×9&q=h_540,w_960,c_fill”}}” data-vr-video=”” data-show-name=”The Lead” data-show-url=”https://www.cnn.com/shows/the-lead” data-check-event-based-preview=”” data-network-id=”” data-details=””>

‘Chilling’: Protester tells CNN what the atmosphere is like in China

The State Council on Wednesday also emphasized the need to accelerate Covid vaccination among the elderly, saying all locations should be “administrating as many vaccinations as possible.”

While the Omicron variant is milder than previous strains and China’s overall vaccination rate is high, experts say even a small number of severe cases among vulnerable and under-vaccinated groups like the elderly could overwhelm hospitals if infections spike across the country of 1.4 billion.

More than 86% of China’s population over 60 are fully vaccinated, according to China’s National Health Commission. That leaves around 25 million who have not received any shot, according to a comparison of official population figures and November 28 vaccination data. But booster rates are lower, with more than 45 million of the fully vaccinated elderly yet to receive an additional shot.

For the most at-risk over 80 age group, around two-thirds were fully vaccinated, but only 40% had received booster shots as of November 11, according to state media.

The rules also make domestic travel within China easier, with cross-regional travelers no longer needing to provide a negative test result or their health code – or test upon arrival.

These former requirements, as well as other travel restrictions such as provincial border closures and provincial train and bus suspensions, have made domestic travel difficult over the last few years.

For the many in China who left their hometowns to find work in other cities and provinces, that meant being separated from family for long stretches – or being stranded far from home without an income during snap lockdowns.

In recent days, some social media users have pointed out that Lunar New Year is just a month away – the country’s biggest annual holiday, a time when people typically travel home to gather with family, akin to the American Thanksgiving.

For some, the prospect of mass nationwide travel has raised concern of the virus spreading once more. Others, long fatigued with the toll of zero-Covid, greeted the news with relief.

“I haven’t been home for Chinese New Year for two years now, I’m crying,” one person said on Weibo. Another wrote: “It’s been a long time. Welcome home.”

A few other guidelines are also likely to ease the transition away from zero-Covid toward a less disruptive model.

For instance, schools without Covid outbreaks are now asked to carry out “normal offline teaching activities,” and to reopen on-campus facilities such as cafeterias, libraries and sports venues. Schools with Covid cases can continue “normal teaching and living,” as long as they designate certain “risk areas” with control measures.

The guidelines also emphasize the need to make medicine widely accessible, dropping restrictions that previously made it difficult to buy cold and fever medication in pharmacies. Since early in the pandemic, China has required a prescription and negative Covid test to buy these.

Perhaps reflecting public concern that the relaxation in rules could cause a surge in cases, residents have rushed to drug stores, with reports last week that cold and fever medicines were flying off shelves.

The State Council also urged doctors and local medical institutions to continue closely monitoring the health situation of key populations, including the risks posed to elderly or immunocompromised residents.

Some experts have warned that a broader reopening inevitably brings health risks, especially to those vulnerable groups.

“The key risk when countries decide to move away from a zero-Covid policy is really the strain this will exert on the health care system,” said Ruklanthi de Alwis, deputy director for the Centre for Outbreak Preparedness at the Duke-NUS Medical School in Singapore.

Read original article here

Oil prices climb after OPEC+ keeps output cut targets, China eases COVID curbs

  • Brent gained 0.8% at 0430 GMT, WTI up 0.9%
  • OPEC+ sticks to plans to cut production by 2 mln bpd
  • More Chinese cities relax COVID-19 restrictions

MELBOURNE, Dec 5 (Reuters) – Oil prices rose as much as 2% on Monday after OPEC+ nations held their output targets steady ahead of a European Union ban and a price cap kicking in on Russian crude.

At the same time, in a positive sign for fuel demand, more Chinese cities eased COVID-19 curbs over the weekend, though a patchwork easing in policies sowed confusion across the country on Monday.

Brent crude futures were last up 72 cents, or 0.8%, to $86.29 a barrel at 0430 GMT, while U.S. West Texas Intermediate (WTI) crude futures gained 70 cents, or 0.9%, to $80.68 a barrel.

The Organization of the Petroleum Exporting Countries (OPEC) and allies including Russia, together called OPEC+, agreed on Sunday to stick to their October plan to cut output by 2 million barrels per day (bpd) from November through 2023.

Analysts said the OPEC+ decision was expected as major producers wait to see the impact of the EU import ban and Group of Seven (G7) $60-a-barrel price cap on seaborne Russian oil, with Russia threatening to cut supply to any country adhering to the cap.

“While OPEC remained steady on output over the weekend, I expect they will continue to balance the market,” said Baden Moore, head of commodity research at National Australia Bank.

“(A) Roll-off of the SPR releases, and implementation of the EU sanctions and price cap act to tighten the market, although we’d expect the market has already positioned for this outlook,” he said, referring to the U.S. strategic petroleum reserve.

The European Union will need to replace Russian crude with oil from the Middle East, West Africa and the United States, which should put a floor under oil prices at least in the near term, Wood Mackenzie vice president Ann-Louise Hittle said in a note.

“Prices are currently weighed down by expectations of slow demand growth, despite the EU oil import ban on Russian crude and the G7 price cap. The adjustment to the EU ban and price cap is likely to support prices temporarily,” Hittle said.

A key factor that has weighed on demand is China’s zero-COVID policy, but that appears to be easing now after protests were followed by several cities, including Beijing and Shanghai, relaxing restrictions to varying degrees.

Hittle added that the EU’s looming embargo on Russian oil products, in addition to crude oil, from Feb. 5 should support crude demand in the first quarter of 2023, as the market is short of diesel and heating oil.

Reporting by Sonali Paul in Melbourne and Emily Chow in Singapore; Editing by Cynthia Osterman and Kenneth Maxwell

Our Standards: The Thomson Reuters Trust Principles.

Read original article here

Ecuador eases past Qatar to win World Cup opener

The World Cup 2022 schedule is locked in and there is so much to look forward to ahead of the tournament in Qatar in November and December, as it is officially underway!

[ LIVE: Watch World Cup en Espanol en Peacock ]

From the USMNT facing England the day after Thanksgiving to Mexico and Argentina squaring off in the group stages, Spain facing Germany, and Belgium vs Canada, there are plenty of intriguing games in the opening round.

[ MORE: World Cup rosters for all 32 teams ]

Then we have the Round of 16, quarterfinals, semifinals, and final to look forward to. Bring. It. On.

[ MORE: How to watch Premier League in USA ]  

Below is the schedule in full, details on how to watch the games and everything else you need..

[ MORE: World Cup odds ]


World Cup 2022 schedule, start time, dates, how to watch live

  • When: November 20, 2022 to December 18, 2022
  • Group stage game kick-off times: 5am, 8am, 10am, 11am, 2pm (all ET)
  • Location: Qatar
  • TV channels en Español: Telemundo, Universo, Peacock
  • Streaming en Español: Peacock (all 64 matches)

Follow along with ProSoccerTalk for the latest news, scores, storylines, and updates surrounding the 2022 World Cup, and be sure to subscribe to NBC Sports on YouTube!


Group A | Group B | Group C | Group D | Group E | Group F | Group G | Group H

Group A schedule (all kick off times ET)

Recap/highlights: Qatar 0-2 Ecuador – Al Bayt Stadium, Al Khor
Monday, November 21: Senegal vs Netherlands – Al Thumama Stadium, Al Khor – 5am
Friday, November 25: Qatar vs Senegal – Al Thumama Stadium, Al Khor – 8am
Friday, November 25: Netherlands vs Ecuador – Khalifa International Stadium, Al Rayyan – 11am
Tuesday, November 29: Netherlands vs Qatar – Al Bayt Stadium, Al Khor – 10am
Tuesday, November 29: Ecuador vs Senegal –  Khalifa International Stadium, Al Rayyan – 10am

Group B schedule

Monday, November 21: England vs Iran – Khalifa International Stadium, Al Rayyan – 8am
Monday, November 21: USA vs Wales- Ahmed bin Ali Stadium, Al Rayyan – 2pm
Friday, November 25: England vs USA – Al Bayt Stadium, Al Khor – 2pm
Friday, November 25: Wales vs Iran – Ahmed bin Ali Stadium, Al Rayyan – 5am
Tuesday, November 29: Wales vs England – Ahmed bin Ali Stadium, Al Rayyan – 2pm
Tuesday November 29: Iran vs USA – Al Thumama Stadium, Al Khor – 2pm

Group C schedule

Tuesday, November 22: Argentina vs Saudi Arabia – Lusail Iconic Stadium, Lusail – 5am
Tuesday, November 22: Mexico vs Poland – Stadium 974, Doha – 11am
Saturday, November 26: Argentina vs Mexico – Lusail Iconic Stadium, Lusail – 2pm
Saturday, November 26: Poland vs Saudi Arabia – Education City Stadium, Al Rayyan – 8am
Wednesday, November 30: Poland vs Argentina – Stadium 974, Doha – 2pm
Wednesday, November 30: Saudi Arabia vs Mexico – Lusail Iconic Stadium, Lusail – 2pm

Group D schedule

Tuesday, November 22: France vs Australia – Al Janoub Stadium, Al Wakrah – 2pm
Tuesday, November 22: Denmark vs Tunisia – Education City Stadium, Al Rayyan – 8am
Saturday, November 26: France vs Denmark – Stadium 974, Doha – 11am
Saturday, November 26: Tunisia vs Australia – Al Janoub Stadium, Al Wakrah – 5am
Wednesday, November 30: Tunisia vs France –  Education City Stadium, Al Rayyan – 10am
Wednesday, November 30: Australia vs Denmark – Al Janoub Stadium, Al Wakrah – 10am

Group E schedule

Wednesday, November 23: Spain vs Costa Rica- Al Thumama Stadium, Al Khor – 11am
Wednesday, November 23: Germany vs Japan – Khalifa International Stadium, Al Rayyan – 8am
Sunday, November 27: Spain vs Germany – Al Bayt Stadium, Al Khor – 2pm
Sunday, November 27: Japan vs Costa Rica – Ahmed bin Ali Stadium, Al Rayyan – 5am
Thursday, December 1: Japan vs Spain – Khalifa International Stadium, Al Rayyan – 2pm
Thursday, December 1: Costa Rica vs Germany – Al Bayt Stadium, Al Khor – 2pm

Group F schedule

Wednesday, November 23: Belgium vs Canada – Ahmed bin Ali Stadium, Al Rayyan – 2pm
Wednesday, November 23: Morocco vs Croatia – Al Bayt Stadium, Al Khor – 5am
Sunday, November 27: Belgium vs Morocco – Al Thumama Stadium, Al Khor – 8am
Sunday, November 27: Croatia vs Canada – Khalifa International Stadium, Al Rayyan – 11am
Thursday, December 1: Croatia vs Belgium – Ahmed bin Ali Stadium, Al Rayyan – 10am
Thursday, December 1: Canada vs Morocco – Al Thumama Stadium, Al Khor – 10am

Group G schedule

Thursday, November 24: Brazil vs Serbia – Lusail Iconic Stadium, Lusail – 2pm
Thursday, November 24: Switzerland vs Cameroon – Al Janoub Stadium, Al Wakrah – 5am
Monday, November 28: Brazil vs Switzerland – Stadium 974, Doha – 11am
Monday, November 28: Cameroon vs Serbia – Al Janoub Stadium, Al Wakrah – 5am
Friday, December 2: Cameroon vs Brazil – Lusail Iconic Stadium, Lusail – 2pm
Friday, December 2: Serbia vs Switzerland – Stadium 974, Doha – 2pm

Group H schedule

Thursday, November 24: Portugal vs Ghana – Stadium 974, Doha – 11am
Thursday, November 24: Uruguay vs South Korea – Education City Stadium, Al Rayyan – 8am
Monday, November 28: Portugal vs Uruguay – Lusail Iconic Stadium, Lusail – 2pm
Monday, November 28: South Korea vs Ghana – Education City Stadium, Al Rayyan – 8am
Friday, December 2: South Korea vs Portugal – Education City Stadium, Al Rayyan – 10am
Friday, December 2: Ghana vs Uruguay – Al Janoub Stadium, Al Wakrah – 10am


Round of 16 schedule

Match 49 – Saturday, December 3: Winner Group A vs Runners up Group B – Khalifa International Stadium, Al Rayyan – 10am

Match 50 – Saturday, December 3:  Winners Group C vs Runners up Group D – Ahmed bin Ali Stadium, Al Rayyan – 2pm

Match 52 – Sunday, December 4: Winners Group D vs Runners up Group C – Al Thumama Stadium, Doha – 10am

Match 51 – Sunday, December 4: Winners Group B vs Runners up Group A – Al Bayt Stadium, Al Khor – 2pm

Match 53 – Monday, December 5: Winners Group E vs Runners up Group F – Al Janoub Stadium, Al Wakrah – 10am

Match 54 – Monday, December 5: Winners Group G vs Runners up Group H – Stadium 974, Doha – 2pm

Match 55 – Tuesday, December 6: Winners Group F vs Runners up Group E – Education City Stadium, Al Rayyan – 10am

Match 56 – Tuesday, December 6: Winners Group H vs Runners up Group G – Lusail Iconic Stadium, Lusail – 2pm


Quarterfinal schedule

Match 58 – Friday, December 9: Winners Match 53 vs Winners Match 54 – Education City Stadium, Al Rayyan – 10am

Match 57 – Friday, December 9: Winners Match 49 vs Winners Match 50 – Lusail Iconic Stadium, Lusail – 10am

Match 60 – Saturday, December 10: Winners Match 55 vs Winners Match 56 – Al Thumama Stadium, Doha – 10am

Match 59 – Saturday, December 10: Winners Match 51 vs Winners Match 52 – Al Bayt Stadium, Al Khor – 2pm


Semifinal schedule

Match 61 – Tuesday, December 13: Winners Match 57 vs Winners Match 58 – Lusail Iconic Stadium, Lusail – 2pm

Match 62 – Wednesday, December 14: Winners Match 59 vs Winners Match 60 – Al Bayt Stadium, Al Khor – 2pm


Third-place play-off

Match 63 – Saturday, December 17: Losers Match 61 vs Losers Match 62 – Khalifa International Stadium, Al Rayyan – 2pm


Final

Match 64 – Sunday, December 18: Winners Match 61 vs Winners Match 62 – Lusail Iconic Stadium, Lusail – 10am

Follow @JPW_NBCSports



Read original article here

Carnival drops exemption request for unvaxxed guests, eases testing policy

Carnival Cruise Line is easing its testing requirements for vaccinated passengers and allowing unvaccinated guests to travel without an exemption. 

The cruise company will no longer demand testing for vaccinated passengers staying onboard for under 16 nights. Additionally, unvaccinated guests will no longer be required to file exemption requests.

“Carnival is pleased to announce new guidelines effective for cruises departing on Sept. 6, 2022, or later, which will make it easier for more guests to sail with simplified vaccination and testing guidelines, including no testing for vaccinated guests on sailings less than 16 nights and eliminating the exemption request process for unvaccinated guests, who will only need to show a negative test result at embarkation,” the company announced Saturday.

Vaccinated guests “must continue to provide evidence of their vaccination status prior to embarkation,” according to the new guidelines.

But unvaccinated passengers “are welcome to sail and are no longer required to apply for a vaccine exemption, except for cruises in Australia or on voyages 16 nights and longer.”

Unvaccinated passengers will be required to present a negative COVID-19 test from within three days of departure.

Cruises lasting more than 16 nights will continue to be subject to their own restrictions.

The cruise industry is sailing choppy waters yet again as it contends with a storm of labor problems, red-hot inflation and a threat of recession after barely steadying itself from the blows of an 18-month shutdown due to the pandemic.

The industry employs about 250,000 workers from over 100 countries, and their jobs range from a ship’s captain to a cocktail mixer, according to the Cruise Lines International Association.

Cruise operators, however, are still confident about the industry’s recovery in the longer term, although the strength of the summer sailing season, which typically accounts for a big chunk of operating income, is still under a cloud.

Read original article here

Carnival Cruises drops exemption request for unvaccinated guests, eases testing requirements

Carnival Cruise Line is easing its testing requirements for vaccinated passengers and allowing unvaccinated guests to travel without an exemption. 

The cruise company will no longer demand testing for vaccinated passengers staying onboard for under 16 nights. Additionally, unvaccinated guests will no longer be required to file exemption requests.

The Carnival Freedom, shown here in Italy in 2007. (Victor Sokolowicz/Bloomberg via Getty Images / Getty Images)

“Carnival is pleased to announce new guidelines effective for cruises departing on Sept. 6, 2022, or later, which will make it easier for more guests to sail with simplified vaccination and testing guidelines, including no testing for vaccinated guests on sailings less than 16 nights and eliminating the exemption request process for unvaccinated guests, who will only need to show a negative test result at embarkation,” the company announced Saturday.

SUMMER TRAVEL MIGHT NOT TAKE OFF AS EXPECTED DUE TO ‘CHALLENGING’ LABOR SHORTAGES, PILOT WARNS

Vaccinated guests “must continue to provide evidence of their vaccination status prior to embarkation,” according to the new guidelines. 

Passengers board the Carnival Freedom in February 2013 in Key West, Fla. (Karen Bleier/AFP via Getty Images / Reuters)

But unvaccinated passengers “are welcome to sail and are no longer required to apply for a vaccine exemption, except for cruises in Australia or on voyages 16 nights and longer.”

Unvaccinated passengers will be required to present a negative COVID-19 test from within three days of departure.

MONKEYPOX FEARS: SAN FRANCISCO COUPLE SAYS THEY WERE NEARLY BOOTED FROM SPIRIT AIRLINES FLIGHT OVER ECZEMA

Cruises lasting more than 16 nights will continue to be subject to their own restrictions.

The cruise industry is sailing choppy waters yet again as it contends with a storm of labor problems, red-hot inflation and a threat of recession after barely steadying itself from the blows of an 18-month shutdown due to the pandemic.

Carnival Corp’s Queen Mary 2 cruise ship. (iStock / iStock)

The industry employs about 250,000 workers from over 100 countries, and their jobs range from a ship’s captain to a cocktail mixer, according to the Cruise Lines International Association.

CLICK HERE TO READ MORE ON FOX BUSINESS

Cruise operators, however, are still confident about the industry’s recovery in the longer term, although the strength of the summer sailing season, which typically accounts for a big chunk of operating income, is still under a cloud.

Reuters contributed to this report.

Read original article here

Stocks Record Best Stretch of the Year, as Inflation Eases

The stock market has notched the year’s best stretch of gains, as investors take comfort from early signals that inflation is slowing and the economy is holding up.

The S&P 500 rose 1.7 percent on Friday, taking its rise for the week to 3.3 percent and marking its fourth consecutive positive week, a feat it had not achieved since October. The index is now more than 16 percent higher than its low point in June, though it remains 10 percent lower for the year.

The rally stands in stark contrast with the first half of the year, when Wall Street suffered its worst start in half a century, as the war in Ukraine, soaring energy costs, rising interest rates and rapid inflation galvanized investors’ fears about the health of the economy.

Federal Reserve officials have suggested that their campaign of interest rate increases to tame inflation is not yet done. But some investors see recent economic data as grounds for the central bank to move less aggressively, easing worries that higher borrowing costs could push the economy into a severe downturn.

“The peak of freaking out about inflation and interest rates is done, and we are looking at something that is not quite as dramatic,” said Michael Purves, the founder and chief executive of Tallbacken Capital.

The latest Consumer Price Index report, released on Wednesday, offered a moment of relief for Wall Street, as inflation slowed to 8.5 percent over the year through July, down from a 9.1 percent pace in the previous month. The data offered an early indication that the Fed’s attempt to rein in inflation may be having an effect.

What’s more, data showing that in July the economy regained all the jobs lost in the pandemic, along with weeks of better-than-expected earnings reports from companies, have assuaged some concern among investors that higher rates, which increase costs for companies, could cut more deeply into corporate America.

The CBOE Vix volatility index, also known as Wall Street’s “fear gauge” because it reflects a sense of investors’ uncertainty over stock market moves, dipped below its long-term average of 20 points this week. The Vix had stayed above that mark since April, so the lower reading could be a sign that investors’ consternation about another lurch lower has subsided.

“We’ve seen a succession of inflationary pressures begin to roll over,” said Patrick Palfrey, a senior U.S. equity strategist at Credit Suisse. He added that this was “forcing” investors to re-evaluate their trading positions.

Bankers said retail investors had helped drive the rally. Sharp rises in so-called meme stocks and an uptick in some cryptocurrencies also point to great participation by individual investors.

“The cornerstone of this is the labor market, and it’s rock solid,” said James Masserio, a co-head of equities for the Americas at Société Générale. “If you don’t have a job, then you are not buying meme stocks.”

Experts also said stock markets were primed to ratchet higher. Investors had scaled back their bets on the market because of uncertainty. The volume of trading has also been low, with many big investors taking vacations through August. As a result, even small amounts of buying interest have helped to lift the market, with momentum building as other investors chased returns.

More than $11 billion flowed into funds that buy U.S. stocks in the week through Wednesday, according to EPFR Global, the most in eight weeks.

But some bankers warned that just as quickly as markets have recovered, they could fall again. Short-term gains are not unusual during periods of protracted losses, known as bear market rallies.

After the S&P 500 peaked in October 2007, it slid more than 50 percent by November 2008 in the aftermath of Lehman Brothers’ collapse. Then the index rose almost 24 percent in a matter of weeks. But the sell-off was not over. The S&P 500 gave up all those gains in early 2009, before bottoming out in March that year.

Mr. Masserio said the Fed’s task of lowering inflation back to its target of 2 percent was akin to turning an oil tanker around: slow and fraught with risk.

“Fundamentally, what had built up in the system is a lot trickier than what we can fix in six months of a shift in monetary policy,” he said, warning that the stock market’s woes may not yet be over.

Stocks are higher because the inflation outlook has improved and the economic backdrop remains supportive. Although expectations are not as dour as they were, there are doubts about how long the rally can last.

“I am bullish on the market, but I am still an anxious and nervous bull,” Mr. Purves said. “We are not out of the woods just yet.”

Read original article here