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Chiefs, Texans to launch NFL season amid COVID-19 caution

Chiefs, Texans to launch NFL season amid COVID-19 caution

Sports
Sept. 10 (UPI) -- An NFL season that once seemed improbable due to the coronavirus pandemic will get underway Thursday, when the Super Bowl champion Kansas City Chiefs host the Houston Texans in front of 16,000 fans at Arrowhead Stadium. "It's very exciting to be the first game of the year," Chiefs quarterback Patrick Mahomes told reporters this week. "[There is] all of this anticipation, but at the same time we are just playing a football game." Advertisement Kansas City's game with Houston marks the start of the league's 17-week regular season, which remains on schedule despite the pandemic's disruption of nearly every other sports league in the world. In its latest round of COVID-19 monitoring, the NFL announced that one player tested positive out of more than 17,519 tests for 2,641 pl...
Raghuram Rajan sounds a note of caution, says NPAs may see unprecedented rise in 6 months

Raghuram Rajan sounds a note of caution, says NPAs may see unprecedented rise in 6 months

Finance
NEW DELHI: Former RBI governor Raghuram Rajan on Tuesday said non-performing assets of the banking sector are likely to witness unprecedented increase in the next six months and the sooner the problem is recognised the better it would be. The outbreak of COVID-19 and subsequent lockdown to curb the spread of disease has hit businesses hard and many of them are facing difficulty in servicing debt. "The level of the NPAs is going to be unprecedented in six months from now if we really recognise the true level of NPAs...We are in trouble and sooner we recognise it, better it is because we really need to deal with the problem,” Rajan said during a session at the India Policy Forum 2020 organised by NCAER. Referring to the article titled Bold decisions, strong political will: Economic reforms a...
WHO urges ‘extreme caution’ over coronavirus slowdown

WHO urges ‘extreme caution’ over coronavirus slowdown

World
An apparent slowdown in the spread of the coronavirus epidemic should be treated with "extreme caution", according to the head of the World Health Organisation (WHO)."This outbreak could still go in any direction," the WHO's director general, Dr Tedros Adhanom Ghebreyesus, said. Earlier, China reported its lowest number of new coronavirus cases in two weeks. Image: Medical staff collect samples from Chinese paramilitary police officers The country's national health commission said 2,015 new cases were counted on Tuesday, the second straight daily decline and down from nearly 3,900 a week ago.There have now been more than 45,000 cases worldwide of the disease, now named COVID-19, which has killed more than 1,100 people in China. ...
ICO stands for Investor Caution Obligatory

ICO stands for Investor Caution Obligatory

Finance
HERE is the deal. You can buy an entry in a computer ledger issued by a startup company on the basis of an unregulated prospectus. It is called an “initial coin offering” or ICO. But though the ledger entry is called a coin, you cannot spend it in any shop. And whereas the use of the term ICO makes it sound like an IPO (initial public offering), the process whereby a firm lists on a stockmarket, coin ownership does not necessarily get you equity in the company concerned.This sounds like the kind of bargain that would appeal only to people who reply to e-mails from Nigerian princes offering to transfer millions to their accounts. But ICOs may well be the most popular investment craze since the dotcom boom of 1999-2000; even Paris Hilton, a celebrity heiress, has jumped on the bandwagon. The...
Nationwide urges lending caution amid 'slowdown'

Nationwide urges lending caution amid 'slowdown'

Business
The boss of Nationwide has warned banks and building societies will have to "balance carefully" the way they lend to squeezed households as a possible economic slowdown looms.Chief executive Joe Garner said that while consumers were becoming more worried about the UK outlook - which has turned gloomier as Brexit approaches - most did not see the fall-out from the EU referendum affecting their access to borrowing.But he said it was important for lenders to weigh the supply of loans carefully against affordability to support demand from consumers "in a responsible way" through a slowdown.Mr Garner made the comments as Nationwide, Britain's biggest building society, reported a 20% fall in pre-tax profits to £322m for the quarter to the end of June, partly due to one-off gains made in the same...