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Eight athletes test positive for COVID-19 at World Cup event in Hungary
Eight fencers who contracted the coronavirus at an Olympic qualification tournament in the Hungarian capital Budapest have been placed in quarantine, organisers said on Thursday. The Budapest Sabre World Cup was the first major global fencing event this year and took place this month amid the rapidly spreading third wave of the coronavirus pandemic. The eight fencers are from six different countries, Hungarian Fencing Association spokesman Andras Szetey said, declining to name the nations.
Giants’ Williams says he got what he wanted in free agency
Leonard Williams got everything he wanted in a three-year, $63 million contract with the New York Giants before the start of free agency. The 26-year-old, twice-franchised defensive lineman got money, stability, the chance to play in the same defensive system that led to a career year and to be with a team and staff that had faith in him after a shaky start to his career with the Jets. “I don’t feel the need to have to change or anything like that,” Williams said Thursday after signing his new contract at the team headquarters in East Rutherford, New Jersey.
French Prime Minister Announces Paris Area Lockdown
(Bloomberg) — France is locking down several regions, including the Paris area, as it struggles to contain a third wave of the coronavirus epidemic.Only essential businesses and schools will stay open, Prime Minister Jean Castex announced on Thursday. The measures will start from midnight on Friday and will remain in place for four weeks.“It’s not good news and I know how tired you are with the succession of restrictions,” Castex said during a press conference. “These measures are vital and balanced. They aim to put the break on the virus without locking us down.”Like the rest of the country, the French capital has been under a nightly curfew since mid-January with cafes, restaurants, bars and theaters closed in an effort to contain a resurgence of the virus.But the infection rate has climbed regardless and hospitals are increasingly under strain.The new restrictions will be imposed in the hardest-hit 16 of France’s 100 departments, including Paris and its surroundings, and parts of the north, and could be extended to others, Castex said. Last month, officials began implementing localized restrictions in Covid-19 hotspots, shuttering first the Alpes-Maritimes region in the south and then the northern city of Dunkirk and on the weekends.“I’m perfectly aware of the efforts I am asking of you tonight,” Castex said. “But we can’t let this virus continue its course without doing everything to stop it.” He repeated several times the government will stick with measures that are “pragmatic, proportional, and regionalized.”People will be allowed to exercise outdoors within a 10 km (6.2 miles) radius of their homes, but residents of the areas identified as hardest hit are banned from traveling to other parts of the country without a compelling reason.President Emmanuel Macron was facing a “cruel dilemma” over Paris, as one government official described it — lock down millions of people for a third time in a year or keep pushing the health care workers already struggling to care for rising numbers of patients.On Monday, the government was leaning toward keeping the status quo. To relieve the pressure on hospitals, it was hoping that transferring patients and health workers to regions where the virus is less present, cancelling non-Covid surgeries and requisitioning beds in private clinics would help avoid a lockdown.But on Wednesday, the head of the body that runs Paris hospitals, Martin Hirsch, said only around 10% of patients were stable enough to be transferred elsewhere and their families were reluctant to have them moved.Macron has been trying to avoid shuttering the entire country again, insisting that’s a last-resort given the human and financial cost for the economy, which had been performing better than peers in Europe so far this year.The current restrictions are already estimated to cost the state around 6 billion euros a month as it compensates furloughed workers and closed businesses. The government has previously warned that another national lockdown would jeopardize the government’s forecast for 6% economic growth this year.The French economy has shown greater resilience to varying government restrictions compared to the first lockdown in the spring of 2020, when activity slumped around 35% below pre-crisis levels. But unemployment will continue to rise, reaching a peak of close to 9.5% at the end of the year, according to Bank of France forecasts.After the European Medicines Agency said the AstraZeneca Plc shot was safe, France will resume delivering the shots which it’s counting on to help accelerate its vaccination roll-out. It had briefly suspended Astra’s use this week to assess potential side effects, following other European countries. Castex himself will receive a first dose on Friday.(Updates with details throughout.)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.
Goodbye Cecil Rhodes: House renamed to lose link to British empire builder in Africa
Goodbye Cecil Rhodes: House renamed to lose link to British empire builder in AfricaLondon housing block residents choose location-led name, having rejected option to reflect black historical figures Cecil Rhodes, depicted in Cape Town, South Africa. Camden residents decided to switch the name of their home, which seemed to honour the imperialist, to Park View House. Photograph: Nardus Engelbrecht/AP
Arsenal FC 0-1 Olympiacos LIVE! El-Arabi goal – Europa League match stream, Latest score and updates today
Arsenal have one foot in the Europa League quarter-finals, but must finish they job tonight against Olympiacos in north London. The Gunners won the first leg of their last-16 tie 3-1 in Piraeus a week ago, and followed up that Europa victory with a north London derby triumph over Tottenham on Sunday. Mikel Arteta’s side head into this second leg boasting three away goals and good form, but this Arsenal side have shown on more than one occasion this season that they have a defensive howler in them.
Stocks Stumble, Yields Rise Amid Inflation Concern: Markets Wrap
(Bloomberg) — Stocks fell, oil slumped and Treasury yields touched some of the highest levels in more than a year amid concern the Federal Reserve risks letting inflation accelerate.Losses accelerated late afternoon in the S&P 500 after the price of crude oil fell to the lowest since September, dragging down the energy sector. The tug-of-war between growth and value investors continued to play out with the Dow Jones Industrial Average fluctuating between gains and losses, while the tech-heavy Nasdaq 100 tumbled amid declines in Tesla Inc., Apple Inc. and Microsoft Corp. Ten-year Treasury yields climbed to 1.75% for the first time since January 2020, while the 30-year breached 2.5% for the first time since August 2019 in the wake of Wednesday’s Federal Reserve meeting.Fed Chairman Jerome Powell’s apparent willingness to keep pumping support into the economy and let it run hotter has spurred bets on faster growth and inflation, sending market expectations of price pressures to multi-year highs.“There’s always the concern the Fed will make a mistake — that’s always a worry,” said Gene Goldman, chief investment officer at Cetera Financial Group. “Everything is flashing inflation, but then the Fed is saying it’s going rise a little, but then it’s going to pull back.”The dollar rose even after initial jobless claims unexpectedly rose last week to the highest since mid-February.Oil plunged by more than 6% as vaccination efforts in some parts of the world stalled, casting uncertainty over the speed of an economic recovery and a full rebound in global oil demand. West Texas Intermediate crude futures are headed for the longest stretch of daily losses in more than a year. Read: Treasury Yields Top 1.75% After Powell Spurs Bets on InflationIn Asia and Europe, stocks were boosted by lingering enthusiasm from the Fed’s outlook for stronger growth. Automakers and banks, which tend to outperform during cyclical upswings, were higher in Europe. Japan’s Topix jumped past the 2,000 mark for the first time since 1991, becoming the region’s top-performing major equity index this year.Japan’s government bond yields rose on a Nikkei report that the Bank of Japan is considering widening the trading range around the 10-year target, which could spur concerns about policy tightening.These are some key events this week:Bank of Japan monetary policy decision and Governor Haruhiko Kuroda briefing Friday.These are some of the moves in markets:For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.
JetBlue considers whether to leave NYC and move to Florida
JetBlue Airways is considering whether to stay in New York, where it was founded two decades ago, or move its headquarters to Florida. JetBlue said it is exploring a number of paths, including staying in its current headquarters, moving elsewhere in New York City, or shifting some New York-based jobs to existing JetBlue facilities in Florida. The airline said that no matter what it decides about the headquarters, it still plans to expand at all three New York City-area major airports.
U.S., China set to broach icy relations in Alaska talks
The United States is looking for China to change its behavior if it wants to reset sour relations as the two sides prepare to meet in Alaska on Thursday, but Beijing has said Washington is full of illusions if it thinks it will compromise. U.S. Secretary of State Antony Blinken and national security adviser Jake Sullivan will meet China’s top diplomat Yang Jiechi and State Councilor Wang Yi in Anchorage, fresh off of Blinken’s visits to allies Japan and South Korea. Washington says the Asia tour, as well as outreach to Europe, India and other partners, shows how the United States has strengthened its hand to confront China since President Joe Biden took office in January.
France locks down Paris as third wave forces tougher curbs in some areas
France’s prime minister on Thursday imposed a month-long lockdown on Paris and parts of the north after a faltering vaccine rollout and spread of highly contagious coronavirus variants forced President Emmanuel Macron to shift course. Since late January, when he defied the calls of scientists and some in his government to lock the country down, Macron has said he would do whatever it took to keep the euro zone’s second largest economy as open as possible. However, this week he ran out of options just as France and other European countries suspended use of the AstraZenca vaccine.
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