Bengaluru
WSJ: China’s Ant Group plans revamp amid regulator pressure
China’s Ant Group Co Ltd is planning to refashion itself as a financial holding company under the supervision of China’s central bank in the face of regulatory pressure, the Wall Street Journal reported on Wednesday. The fintech affiliate of Alibaba Group Holding Ltd has submitted an outline of a restructuring plan, which could be finalised before China goes into the week-long lunar new year holiday in mid-February, the Wall Street Journal said, citing sources. Chinese regulators had asked Ant to consider folding up most of its financial businesses into a holding company that would be subject to more stringent capital requirements, two sources told Reuters in December. The country’s central bank, People’s Bank of China, has said Ant controls a range of financial institutions, including sec...
Telegraph: Britain to tighten laws on imports linked to alleged Chinese human rights abuses
Britain will tighten the law on importing goods linked to alleged human rights abuses in China as ministers take a tougher stance on Beijing, The Telegraph reported on Monday. Foreign Secretary Dominic Raab will make a statement on Tuesday in the House of Commons on the government’s response to allegations of forced labour in China’s Xinjiang province, home to about 12 million Uighur Muslims, the report bit.ly/2LKt2Fe added. Among the measures expected to be unveiled by the government include expansion of the Modern Slavery Act, reacting to concerns that items manufactured under duress by the Uighur Muslim minority may be entering the UK, the Telegraph reported. Britain said last year there was credible, growing and troubling evidence of forced labour among Uighur Muslims. China has come u...
US police officer who shot black emergency technician told he will be fired
One of the Louisville police officers who shot Black emergency medical technician Breonna Taylor, and the officer that prepared the warrant for the botched raid during which she was killed, were told on Tuesday that the department aimed to fire them. Taylor’s death when police entered her apartment in Louisville, Kentucky, early on March 13 was one of a string of killings of African Americans that fueled mass protest demonstrations across the United States in 2020. Taylor’s boyfriend, who was with her when police burst into the home, fired once at what he said he believed were intruders. Three police officers responded with 32 shots, six of which struck Taylor, killing her. Lawyers for Detective Myles Cosgrove, one of the officers who shot Taylor, and Detective Joshua Jaynes, who prepared ...
ABC: California nurse tests positive over a week after receiving Pfizer coronavirus vaccine
A 45-year-old nurse in California tested positive for COVID-19 more than a week after receiving Pfizer Inc’s coronavirus vaccine, an ABC News affiliate reported on Tuesday. Matthew W., a nurse at two different local hospitals, said in a Facebook post on December 18 that he had received the Pfizer vaccine, telling the ABC News affiliate that his arm was sore for a day but that he had suffered no other side-effects. Six days later on Christmas Eve, he became sick after working a shift in the COVID-19 unit, the report added. He got the chills and later came down with muscle aches and fatigue. He went to a drive-up hospital testing site and tested positive for COVID-19 the day after Christmas, the report said. Christian Ramers, an infectious disease specialist with Family Health Centers of San...
Hollywood-backed Quibi to shutter six months after launch
Streaming service Quibi said on Wednesday it intends to wind down its operations and start a process to sell its assets, just six months after its launch. The announcement highlights the dominance that Netflix, Amazon’s Prime Video, Disney+ and Apple TV+ hold over smaller streaming service providers, which struggle to keep up against their large content budgets and vast libraries of shows. “The world has changed dramatically since Quibi launched and our standalone business model is no longer viable,” founder Jeffrey Katzenberg said in a statement. Los Angeles-based Quibi offers entertainment and news in episodes of 10 minutes or less on mobile phones, initially promoted for on-the-go viewing. The service was priced at $5 a month with advertisements, or $8 a month without them. “Our failure...
Lyon return empty-handed with prospect of losing key players
Had Olympique Lyonnais’ Memphis Depay and Karl Toko Ekambi found the back of the net in the opening 16 minutes against Bayern Munich on Wednesday, the Champions League may have had its first ever all-French final. Instead, Paris St Germain will now face the German champions while Lyon return home empty-handed and without the opportunity of righting those wrongs next season after they failed to qualify for Europe’s premier club competition. Ligue 1 was the only top-flight league from the ‘Big Five’ to prematurely end its season due to the COVID-19 pandemic, leaving Lyon in seventh place on a points-per-game basis — thereby missing out on the Europa League as well. The 3-0 scoreline flatters Bayern as Lyon had their chances but playing in only their second semi-final on the big stage, their ...
Premier: India set to mass produce COVID-19 vaccine, launches digital health mission
India is ready to mass produce COVID-19 vaccines when scientists give the go-ahead, Prime Minister Narendra Modi said in his Independence Day speech on Saturday. Modi made the revelation while also launching a national project to roll out health identities for each citizen. In annual celebrations, held at the 17th-century Red Fort and scaled down due to the pandemic, Modi identified health and economic self-reliance as the key priorities for his government. “Not one, not two, as many as three coronavirus vaccines are being tested in India,’’ he said from the ramparts of the red sandstone palace in the old quarters of Delhi. He was wearing a flowing orange and white turban and covering his mouth and nose with a scarf of the same colours whenever anyone came close to him at the ceremony. “Al...
Former Real Madrid chief expects club to send Gareth Bale out on loan
Real Madrid may consider sending Welsh forward Gareth Bale out on loan and pay part of his salary to end the agony for both the player and the club amid their rift, the Spanish team’s former president Ramon Calderon said. The post Former Real Madrid chief expects club to send Gareth Bale out on loan appeared first on TODAY. You Deserve to Make Money Even When you are looking for Dates Online. So we reimagined what a dating should be. It begins with giving you back power. Get to meet Beautiful people, chat and make money in the process. Earn rewards by chatting, sharing photos, blogging and help give users back their fair share of Internet revenue.
Fabio Capello: Real Madrid’s Eden Hazard has sunk under weight of expectations
Eden Hazard has struggled to deal with the weight of the Real Madrid shirt following his high-profile move from Chelsea, former Real manager Fabio Capello has said. Hazard joined the Spanish club from Chelsea on a five-year contract for a reported 100 million euros ($116.54 million) ahead of the 2019-20 season. The Belgium international inspired Chelsea to two Premier League trophies during his time at Stamford Bridge but has failed to hit similar heights in Spain, with injuries limiting him to 21 appearances in all competitions this season. “He hasn’t been the player he was at Chelsea and he was injured for a long time, he hasn’t adapted,” Capello told Marca. “I’ve always thought of him as a great player but the Real shirt weighs heavily and Hazard has sunk this year. It’s clear that he’l...
Leeds beat Derby 3-1, Barnsley score late to keep survival bid alive
Champions Leeds United mounted a second half comeback to win 3-1 at Derby County while Barnsley’s hopes of staying up in the second-tier Championship were given a huge boost when they beat Nottingham Forest 1-0 with a stoppage time goal on Sunday. Leeds, who sealed promotion on Friday and won the title on Saturday after West Bromwich Albion and Brentford failed to close the gap, extended their lead to eight points with one more round of fixtures left. Derby, who gave Leeds a guard of honour, took the lead when Chris Martin pounced on a pass inside the box and curled his shot past the keeper. The visitors struck back two minutes later when Pablo Hernandez fired home from the edge of the box. Tyler Roberts then threaded a weighted pass through the Derby defence to find Jamie Shackleton and t...
Liverpool reiterate need for safe celebrations ahead of Villa clash
Liverpool have again urged their supporters to avoid mass gatherings in the city and to celebrate their Premier League triumph safely at home in order to prevent the spread of the coronavirus, chief executive Peter Moore said on Friday. Liverpool’s 30-year wait for their 19th English top-flight crown ended last week when Manchester City lost at Chelsea and thousands of fans turned up at their Anfield stadium to celebrate. Local media reported that fans launched fireworks at the Royal Liver Building, with a fire breaking out on the balcony of the landmark owned by Farhad Moshiri, the majority shareholder of the side’s local rivals Everton. Liverpool, Merseyside police and the City Council issued a statement condemning the “wholly unacceptable” behaviour, while manager Juergen Klopp requeste...
Timo Werner bids Leipzig farewell with double in victory over Augsburg
German striker Timo Werner marked his RB Leipzig swansong with two well-taken goals to guide his side to a 2-1 victory at Augsburg in the Bundesliga on Saturday. Leipzig full back Nordi Mukiele and midfielder Emil Forsberg spurned glorious opportunities before Werner, who will depart for Chelsea at the end of the season, put his side in front in the 28th minute. The 24-year-old latched on to a defence-splitting pass from Amadou Haidara before rounding Augsburg goalkeeper Tomas Koubek for his 27th league goal of the season. Augsburg, who had a red card for Philipp Max overturned by VAR in the second half, hit back through Ruben Vargas, whose long-range effort proved too powerful for Yvon Mvogo to keep out. Werner added a second eight minutes from time, latching on to Angelino’s cross-field ...
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