Saturday, October 16News That Matters
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Tag: three

Three reasons March should act as a ‘springboard’ for stocks into April

Finance
In this article.SPXUS10YXLKXLEXLVXLPXLUXLCCFRA's Sam Stovall sees three reasons April should spell gains for stocks.Stovall, who's known for building market forecasts based on historical trends, highlights market instability over the past two weeks as his top bullish signal."The period after the Ides of March is typically volatile — actually falling about 60% of the time," the firm's chief investment strategist told CNBC's "Trading Nation" on Monday. "Whenever that has happened, it sort of set up a nice springboard into April."So far this month, the S&P 500 is up more than 4%. However, the index is virtually flat since March 15. When the index slumps in March's second half, Stovall finds a positive April happens 77% of the time.He lists corporations' quarterly results as the second rea...
Why did Alibaba’s Jack Ma disappear for three months?

Why did Alibaba’s Jack Ma disappear for three months?

Technology
Getty ImagesJack Ma was about to become the richest man in China. In November 2020, on the eve of another commercial success, the outspoken billionaire suddenly went missing.Ma's company Alibaba has risen from an online store run from his apartment, to one of the world's largest tech giants. Today, it reaches nearly 800 million users with services including online shopping, cloud computing and artificial intelligence. The tech magnate is known for his flamboyant presence and publicity stunts.He's thrown parties for thousands of his employees and serenaded them with musical numbers like You Raise Me Up.His latest venture, Ant Group, commands the digital payment market in China through its Alipay mobile finance app. Controversial speechThe company is aiming to revolutionise banking in China,...
Atlanta shootings: Asian women among eight killed at three spas

Atlanta shootings: Asian women among eight killed at three spas

World
EPAEight people, many of them women of Asian descent, have been killed in shootings at spas in the US state of Georgia.Police said the shootings took place at a massage parlour in Acworth, a suburb north of Atlanta, and two spas in the city itself.South Korea later confirmed that four of the victims were of Korean descent.Officials said a 21-year-old man had been arrested and was believed to be the suspect in all of the attacks.No motive has yet been established.However, hate crimes against Asian-Americans have spiked in recent months, fuelled by rhetoric that blames them for the spread of Covid-19.In an address last week, President Joe Biden condemned "vicious hate crimes against Asian-Americans who have been attacked, harassed, blamed and scapegoated."From insults to murder - anti-Asian ...
There’s nowhere to hide: Hundreds of thousands live in the shadow of three erupting volcanoes

There’s nowhere to hide: Hundreds of thousands live in the shadow of three erupting volcanoes

World
A huge rumble and a belch of steam and rocks erupts from the crater of the volcano that towers above us.It's truly terrifying feeling such power, so near. I looked about me, wondering where I would I hide if the volcano's eruptions suddenly intensified. And then I realised - and it's obvious really - there is nowhere to run and hide. Image: It’s truly terrifying feeling such power, so near Up here, perched high on the side of Guatemala's Pacaya volcano, at the closest monitoring point to the peak of the volcano, one feels very insignificant.To my right, away from the belching crater, a vast lava field plummets towards the valley floor and, in the distance, the towns and villages directly in its path. ...
Demi Lovato ‘had three strokes and a heart attack’ after 2018 overdose

Demi Lovato ‘had three strokes and a heart attack’ after 2018 overdose

Entertainment
Getty ImagesDemi Lovato has said she had three strokes and a heart attack after a drug overdose in 2018, and that doctors told her she had been minutes from death.The US pop star, 28, says in a new documentary trailer: "My doctors said that I had five to 10 more minutes."Lovato also told reporters she had been "left with brain damage and I still feel the effects of that".Those effects include blurry vision that means she can't drive and made reading difficult, she revealed.The former child star was taken to hospital in July 2018 after being found unconscious at her Los Angeles home. The overdose, reportedly of opioids laced with fentanyl, came a month after she revealed she had broken six years of sobriety.In the trailer for her new YouTube documentary series Dancing With The Devil, she sa...