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Yields jump as stocks near highs ahead of record 10-year supply
Markets

Yields jump as stocks near highs ahead of record 10-year supply

  • The Russian news certainly spurred another 'risk on' session overnight.
  • "All these things are allowing this 'risk on' sentiment to continue," di Galoma said.
  • The yield curve between two-year and 10-year notes steepened five basis points to 49 basis points.
Published 12 Aug, 2020 01:49am
CBOT wheat closes higher on technical buying
Markets

CBOT wheat closes higher on technical buying

  • The most active CBOT soft red winter wheat contract gained 4 cents to close at $4.95 per bushel.
  • The United States faces stiff competition for export business from Russia, traders said.
Published 12 Aug, 2020 01:45am
Canada forward David completes record move to Lille
Sports

Canada forward David completes record move to Lille

  • The previous Canadian record was winger Alphonso Davies' move to Bayern Munich in July 2018 from Vancouver Whitecaps.
  • I'm a player who knows his place on the pitch. I love to play to my qualities: notably with speed and technique.
Published 12 Aug, 2020 01:32am
US refiners' biofuel bills soar in oil market slump
Markets

US refiners' biofuel bills soar in oil market slump

  • The coronavirus crisis has led to less blending activity generally and as a result the issue of fewer compliance credits.
  • Another Texas-based refiner, CVR Energy Inc, also raised its full-year estimates for RIN costs by 43% to about $100 million. It had spent $43 million last year.
Published 12 Aug, 2020 01:21am
Konta in good spirits day after health scare at Top Seed Open
Sports

Konta in good spirits day after health scare at Top Seed Open

  • The world No. 15 needed medical attention just minutes into her opening round match in Lexington, Kentucky, on Monday, before she was able to continue playing.
  • Not the result I wanted, however so incredibly grateful to be competing again.
Published 11 Aug, 2020 11:54pm
S&P 500 nears record high on stimulus bets
Markets

S&P 500 nears record high on stimulus bets

  • S&P 500, Dow rise for 8th straight session.
  • Tech-laden Nasdaq slips for 3rd consecutive session.
  • Rotation from growth stocks to value extends.
  • Indexes up: Dow 0.97%, S&P 0.48%, Nasdaq 0.10%.
Published 11 Aug, 2020 11:52pm
Halep labours to victory on comeback at Prague Open
Sports

Halep labours to victory on comeback at Prague Open

  • Having secured a crucial break to move 5-3 ahead in the third set, Halep dropped her own serve before squandering three match points.
  • "I'm happy because I could win after a six-month break," the 28-year-old Romanian told a news conference.
Published 11 Aug, 2020 11:50pm
Twitter users can now control who replies to their tweet
Business

Twitter users can now control who replies to their tweet

  • Users can select from three sets of people - everyone, only people they follow and only people they mention in the tweet.
  • The microblogging site, which started testing the feature in May, added that all users can continue to like and retweet posts.
Published 11 Aug, 2020 11:37pm
US natural gas output, demand to fall due to coronavirus lockdowns
Markets

US natural gas output, demand to fall due to coronavirus lockdowns

  • It also projected gas consumption would fall to 82.42 bcfd in 2020 and 78.71 bcfd in 2021, from a record 84.97 bcfd in 2019.
  • That would be the first annual decline in consumption since 2017 and the first time demand has fallen for two consecutive years since 2006.
Published 11 Aug, 2020 11:32pm
Nigeria opens pipeline, depot repair to private investors
Business

Nigeria opens pipeline, depot repair to private investors

  • Built in the 1970s, the pipeline network is crucial to getting crude oil to NNPC's three refinery complexes.
  • The refineries themselves have run only sporadically, and NNPC shut them down earlier this year while they await repairs and upgrades.
Published 11 Aug, 2020 11:26pm
Spurs sign Southampton's Hojbjerg, Walker-Peters joins Saints
Sports

Spurs sign Southampton's Hojbjerg, Walker-Peters joins Saints

  • Hojbjerg made 134 appearances for Southampton in all competitions after joining the south-coast club from Bundesliga side Bayern Munich in 2016.
  • "What was very important for me is that I wanted to play in a club where I could see myself for many years.
Published 11 Aug, 2020 11:22pm
Coronavirus toll at 1100 GMT Tuesday

Coronavirus toll at 1100 GMT Tuesday

  • At least 20,122,700 cases of coronavirus have been registered in 196 countries and territories. Of these, at least 12,080,900 are now considered recovered.
Published 11 Aug, 2020 05:45pm