Saturday, October 16News That Matters
Shadow

Tag: fall

Genomic analysis details rise, fall of the Scythians

Genomic analysis details rise, fall of the Scythians

Science
March 26 (UPI) -- The Scythians of Eurasia have long been regarded as highly mobile, horse-riding warriors. Their cultural influence on the empires with which they both clashed and traded served as testament to the broad geopolitical range of the Scythians. Despite the prolificacy of the Scythians in the historical records of the Greek, Roman, Persian and Chinese empires, however, the origins, organization and evolution of the Scythians has remained unclear. Advertisement According to a new survey of ancient Scythian genomes, the decline of more sedentary Bronze Age groups and the rise of Scythian cultures during the Iron Age followed an uptick in genetic turnover across Eurasia. Researchers sequenced 111 ancient genomes from both Scythian and non-Scythian archaeological sites across the ...
Nasdaq drops 2% as U.S. markets fall broadly behind tech decline

Nasdaq drops 2% as U.S. markets fall broadly behind tech decline

Business
March 24 (UPI) -- U.S. markets fell broadly on Wednesday amid a widespread sell-off in tech stocks and the second day of testimony from federal economic leaders. The tech-heavy Nasdaq Composite dropped 2.01%, while the S&P 500 fell 0.55% after having risen as much as 0.8% earlier in the day. The Dow Jones Industrial Average ended the day flat, falling 3.09 points. Advertisement Tech stocks helped to lead the decline on Wednesday as Facebook stock fell 2.92%, Netflix dropped 2.67% and Apple slid 2%. GameStop stock plummeted 33.79% after the company ended a post-earnings conference call on Tuesday as it missed fourth quarter earnings estimates. Airline stocks had rebounded earlier in the day after losses on Tuesday, but ultimately fell flat with United dropping 0.97% and American Airli...
Dow drops 308 points as travel, retail stocks fall

Dow drops 308 points as travel, retail stocks fall

Business
March 23 (UPI) -- U.S. markets declined on Tuesday as shares of travel and retail stocks fell amid worries of renewed global COVID-19 restrictions. The Dow Jones Industrial Average ended the day down 308.05 points, or 0.94%, while the S&P 500 fell 0.76%, and the Nasdaq Composite dipped 1.12%. Advertisement Cruise and airline stocks helped to lead the decline as Carnival stock fell 7.82% and Norwegian Cruise Line dropped 7.16%, while United Airlines fell 6.81% and American Airlines declined 6.55%. Gap stock also fell 7.72% on the retail front. "Despite vast improvements, the third pandemic wave left large parts of the population vulnerable both medically and economically," Brad McMillan, chief investment officer at Commonwealth Financial Network, told CNBC. "That damage will take time ...
Irdai cautions public not to fall prey to fraud by Digital National Motor Insurance

Irdai cautions public not to fall prey to fraud by Digital National Motor Insurance

Finance
NEW DELHI: Insurance sector regulator Irdai has cautioned the general public against falling prey to fraud and cheating by Digital National Motor Insurance in selling policies without a license. It has been brought to the notice of Irdai that an entity by the name of Digital National Motor Insurance operating from Bangalore has been selling insurance policies, although it has not been licensed or granted registration by the authority to sell insurance policy of any kind, the regulator said in a public notice. The company's website is https://dnmins.wixsite.com/dnmins. The email-id of the entity is digitalpolicyservices@gmail.com. "The Authority cautions the public not to make any transaction related to insurance business with M/s DIGITAL NATIONAL MOTOR INSURANCE," Insurance Regulatory a...
Retail sales for 2020 show largest annual fall since records began

Retail sales for 2020 show largest annual fall since records began

Business
Retail sales in 2020 saw the largest annual fall since records began in 1996, as retailers continued to suffer from the effects of the coronavirus pandemic.Despite a 0.3% rise in sales volumes during December, the figure for 2020 as a whole saw sales down 1.9%, with clothing sales slumping by more than a quarter. The slight rise in December was far less than the 1.2% increase expected by economists and left sales 2.9% higher than a year earlier, according to the Office for National Statistics (ONS) figures.Live coronavirus updates from UK and around the world Image: Shoppers at Westfield Stratford City the run-up to Christmas While spending online surged by 46.1% in 2020, non-essential retail was closed for much of the year under rul...