DUBAI, United Arab Emirates — The International Monetary Fund downgraded its outlook for Middle East and Central Asian economic recovery, predicting a 4.1% contraction for the region as a whole — 1.3 percentage points worse than its previous assessment in April — in its latest regional outlook report released Monday. Jihad Azour, director of the
Month: October 2020
Joe Biden’s campaign has entered the final two weeks of the presidential election campaign with a large cash advantage over Donald Trump, figures have shown. The former vice president’s campaign team outraised and outspent Mr Trump‘s re-election bid in September, with political ads for the Democratic candidate much more prevalent on US television. Having the
Around 1.4 million people in South Yorkshire will face living under England’s toughest coronavirus restrictions, mayor Dan Jarvis has announced. The move to Tier 3 will affect Barnsley, Doncaster, Rotherham and Sheffield and happen from 12:01am on Saturday. Mr Jarvis revealed local leaders secured £41m of funding from the government “to support our people and
October 21st, 2020 by Chanan Bos [embedded content] This is the third edition of our Tesla analyst report cards based on where their TSLA price targets and sell/hold/buy advice would lead you (based on information from tools like tipranks, marketbeat and other research). It is actually a bit surprising, but the right words by these
Microsoft is partnering with billionaire entrepreneur Elon Musk-led SpaceX and others as it targets space customers, the software giant said on Tuesday. The partnership with SpaceX Starlink will provide high-speed, low latency satellite broadband for Microsoft’s Azure Modular Datacenter, the company said in a blog post. With the new move, Microsoft aims to “make Azure
A one-year spending review has been announced by the Treasury to “focus entirely” on tackling the coronavirus crisis – as official figures show borrowing records continue to be smashed. The government said it would have liked to outline spending plans for the rest of the current parliament, as it had originally intended. But a statement
After a four-year journey, NASA’s robotic spacecraft OSIRIS-REx briefly touched down on asteroid Bennu’s boulder-strewn surface on Tuesday to collect rock and dust samples in a precision operation 200 million miles (330 million kilometers) from Earth. The so-called “Touch-And-Go” or TAG manoeuvre was managed by Lockheed Martin Space in Denver, Colorado, where at 6:12 pm (2212
What is Joe Biden’s game? The man trying to topple Donald Trump and win the presidency has spent a lot of the year in his basement. Never has America seen a candidate racking up so many hours from the comfort of his own home. Image: If Joe Biden wins, he’ll hold a low-key celebration in
A prototype Tesla vehicle in camouflage, which is rare for Tesla, has been spotted at the automaker’s Los Angeles design studio. In the automotive industry, it is common to use camouflage wraps to hide the final design on new or updated vehicles. We reported just recently on a GM electric vehicle spotted in camouflage in
As the Ford Bronco and Jeep Wrangler battle over traditional off-road supremacy next year, General Motors has its sights set on a new segment with a different competitor: Tesla. The Detroit automaker resurrects the Hummer on Tuesday night as an all-electric “supertruck” that’s set to go on sale in roughly a year – likely ahead,
Ted Sarandos attends the Ted Sarandos panel during Netflix ‘See What’s Next’ event at Villa Miani on April 18, 2018 in Rome, Italy. Ernesto S. Ruscio | Getty Images It wasn’t Netflix‘s finest quarter, but if you’re a long-term Netflix believer, you’ve got reason to smile. The streaming video giant reported 300,000 fewer global net
(L-R) Reed Hastings and Ted Sarandos attend the “Marseille” Netflix TV Serie World Premiere At Palais Du Pharo In Marseille, on May 4, 2016 in Marseille, France. Stephane Cardinale | Corbis | Getty Images Netflix is set to report earnings for its third quarter of 2020 after the bell on Tuesday. Here are the key
Local leaders in Greater Manchester have been told that the “door is open” for further talks, despite the prime minister imposing Tier 3 coronavirus restrictions on the region. Boris Johnson announced that tougher COVID-19 restrictions will be introduced in Greater Manchester from Friday. Moving into Tier 3 means pubs and bars in Greater Manchester will
Nigerian police have reportedly opened fire on protesters in Lagos after 12 days of demonstrations against police brutality. Two people are believed to have been shot after more than 20 officers started shooting at demonstrators in the city’s Lekki district on Tuesday, witnesses told Reuters. State officials have already imposed a 24-hour curfew on the
An intensive care specialist in Belgium’s worst-hit COVID-19 region has told Sky News he fears the moment when the hospital is full and he has to choose who will live and who will die. Dr Laurent Jadot says the situation has become so bad that many people are now calling it “the new Lombardy”, in
Singer and musician Spencer Davis, who founded The Spencer Davis Group, has died while being treated for pneumonia, his agent has said. The star, who had hits with songs including Keep On Running and Gimme Some Lovin’ in the 1960s, died in hospital, aged 81. As fans paid tribute on social media, Bob Birk, his
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