The pet supply specialist's stock jumped 6% by 3 p.m. ET, compared to a 1.9% rise in the S&P 500. Wednesday's rally came as investors processed new comments from the Federal Reserve indicating a potential slowdown in the pace of interest rate increases. Federal Reserve Chair Jerome Powell said in a speech on Wednesday that the Fed will likely raise rates at a slower rate in December than investors have seen in recent months.
Novak Djokovic's father has received some good news ahead of the Australian Open final. Find out more here.
This call was bad even the officials admitted they got it wrong after the game.
Screams from the man's wife could reportedly be heard from neighbouring homes. Find out more.
Mats Zuccarello, Kirill Kaprizov and Freddy Gaudreau scored in the shootout, lifting the Minnesota Wild past the Buffalo Sabres 3-2 on Saturday night. Joel Eriksson Ek and Jared Spurgeon had goals in regulation for Minnesota, which headed into the All-Star break with two wins in a row. Marc-Andre Fleury stopped 29 shots for the Wild, including a sprawling save to thwart Tage Thompson on a wraparound try with about eight minutes left in regulation.
With long queues at petrol pumps, teachers blocking Budapest streets in a strike over pay and small-business owners demonstrating against tax rises, Hungary’s economic woes and the resulting public anger have wrongfooted rightwing prime minister Viktor Orbán and threaten to escalate his dispute with Brussels over frozen funding. “I take second jobs and give private classes,” said Budapest teacher Bence Tóth, who joined his profession’s year-long rolling strikes after struggling amid soaring inflation. Despite measures such as retail price caps introduced even before the war in Ukraine sparked an energy crisis, food and power prices in Hungary rose about 50 per cent in December compared with the previous year, according to government data.
The Kremlin has justified withholding statistics during wartime but country’s central bank governor is pushing back
French banks risk falling behind European rivals and losing out on windfall profits from rising interest rates due to rules which hamstring their ability to reprice loans. After a decade of depressed returns, rising inflation and ECB rate hikes have radically changed the fortunes of most of Europe’s biggest banks, driving up margins and lending income. With the exception of Credit Suisse, bumper profits are expected of Europe’s top banks when they report fourth-quarter results in the coming weeks.
Fertiliser and crop prices have fallen sharply since their peaks after last year’s Russian attack on Ukraine. Food prices were already elevated before Russia’s full-scale invasion of Ukraine early last year, due to droughts and coronavirus pandemic-related hoarding by governments and businesses. Then crop nutrient prices soared as a result of Moscow’s position as the world’s largest fertiliser exporter, while the jump in natural gas prices, a critical ingredient for nitrogen fertilisers, also piled pressure onto agricultural markets.
Republican politicians have sought to punish asset manager they accuse of being hostile to fossil fuel
The chief executive of a time-tracking software group reveals how his contentious product works in real life
CEOs fire workers swiftly and brutally, but such actions have destructive long-term effects for companies and staff
After spending six years and HK$450mn (US$58mn) on science fiction epic Warriors of Future, Hong Kong film star and avowed Star Wars fan Louis Koo hoped it would capture the imaginations of China’s millions of cinemagoers. “The pandemic has changed [the film industry] a lot, including how we evaluate when is the best time to release a film in which market and how it will potentially perform,” Koo, who produced and starred in the film, said. The question for producers such as Koo, both domestically and in Hollywood, is whether the end of Covid restrictions will encourage one of the world’s biggest film audiences to return to the cinema.
For a member of the European parliament, Eva Kaili lived life more like a movie star. The Greek politician spent her free time on yachts in the Aegean, glitzy nightclubs in Athens, hanging out at events with supermodels such as Naomi Campbell and spending summer vacations at tycoon Sir Richard Branson’s Necker Island Caribbean hideaway. Work involved panel discussions with crypto billionaires and trips abroad including to Qatar ahead of the World Cup, besides the more mundane task of chairing debates in her role as a vice-president of the European parliament.
Pack your bags for everything, from hip-hop in Manhattan to Vermeer in Amsterdam or Hepworth in St Ives
Jaylen Brown scored 37 points, completing a tying three-point play with 4.1 seconds left in regulation and adding 11 more in overtime as the NBA-leading Boston Celtics snapped a three-game losing streak by beating the archrival Los Angeles Lakers 125-121 on Saturday night. Brown added nine rebounds, Jayson Tatum had 30 points and 11 rebounds, and Malcom Brogdon scored 15 of his 26 points in the second half of a see-saw game that had 19 lead changes — six in the fourth quarter — and 15 ties. LeBron James had 41 points, nine rebounds and eight assists for Los Angeles.
"Y’all ain’t gonna run up on me like that," West can be heard telling the woman through the car window as she photographs him.
James is now only 117 points away from Abdul-Jabbar’s all-time mark.
Freshman Jalen Hood-Schifino used a career-high six 3-pointers to score 20 of his 24 points in the first half and Indiana cruised to an 86-70 victory over Ohio State on Saturday night. Ohio State didn't score after Zed Key made 1 of 2 free throws with 5:05 remaining. The Buckeyes (11-10, 3-7) shot 22% from outside the arc in the first half.
The high-profile appointments give the lawmakers a platform to "cast further doubt on the integrity of elections."
The pair were off on a hunting trip when the tragic accident occurred. Find out more.
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