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The USD weakened on Tuesday, with the dollar index falling to 98, from almost 99.5 the day before. Reports that diplomatic negotiations between Russia and Ukraine are progressing have put pressure on the currency. The dollar is considered a safe-haven asset and, in case the crisis in Ukraine de-escalates, it may fall even further.To get more news about ingot brokers, you can visit wikifx.com official website.

In the past week, the dollar had gained strength, boosted by hawkish Fed rhetoric. In a recent speech, Fed Chair Jerome Powell hinted that the Fed may perform a steeper rate hike in the future, going above the expected 25 base points. Other Fed members have similarly shown signs of encouraging a more hawkish fiscal policy, increasing the odds of a 50 bp rate hike at the Central Bank’s next meeting in May. Markets are anticipating total rate hikes of 175 base points within the year to tackle soaring inflation rates.

US treasury yields are climbing as rate hike odds rise, providing support for the dollar. The 10-year Treasury yields rose to a two-year high of 2.5% early on Tuesday, as investors anticipate a more aggressively hawkish Fed policy, but retreated later in the day amid rising expectations of a resolution of the crisis in Ukraine.

The JOLTS Job Openings and CB Consumer Confidence data, which are economic and employment indicators for the dollar, were released on Tuesday and were overall positive for the US economy, supporting the dollar.

The dollar had dropped in the wake of the Federal Reserve's latest policy meeting in March, in which the Federal Reserve raised its benchmark interest rate by 25 base points, bringing its interest rate to 0.50%. The US Central bank is attempting to bring down inflation that has been rising at the fastest rate in 40 years. The 25-base point rate hike though was considered conservative and had already been priced in by markets. Recent statements by FOMC members though show a shift towards a more aggressively hawkish policy.

ADP Non-Farm Employment and Quarterly Final GDP data are scheduled to be released on Wednesday for the dollar and may cause some volatility in the currency. In addition, FOMC Member George is due to deliver a speech, which may affect the currency, as Fed rhetoric in the past few days was one of the main factors that have been driving the dollar up.
The EUR/USD rate skyrocketed to 1.13 on Tuesday, from the 1.100 level, as peace talks sparked hopes of a resolution of the crisis in Ukraine. The safe-haven dollar retreated, while the Euro regained some of its lost ground. If the currency pair goes up, it may encounter resistance at 1.139 and further up at 1.148, while if it declines, support may be found at the 1.080 level.

Inflation data this week are expected to show price pressures continuing to rise in the Eurozone, with German headline inflation rising to 6.1% from 5.1% in February. ECB President Christine Lagarde stated last week that inflation is expected to rise in the Eurozone, but will drop again in the long run. Lagarde has also stressed that the ECB needs to remain flexible and may alter its monetary policy in response to unforeseen inflationary pressures arising from the war in Ukraine, but stated that the EU Central Bank is in no hurry to raise its interest rate.

The ECB has been pursuing a more cautious fiscal policy than other major Central Banks, although it has recently turned towards a more hawkish direction. The ECB has announced its decision to wind down its bond-purchasing program sooner than expected, placing the end of the bond-buying program in the third quarter of 2022, if financial conditions in the Eurozone allow it. The ECB is trying to avert a dangerous economic effect known as stagflation, the mix of economic stagnation and high inflation rates.

In addition, the European Central Bank has announced that it does not plan to raise its benchmark interest rate before the end of its bond-buying program in the third quarter of 2022. Many market analysts predict that the ECB will raise its interest rate by at least 30 base points in Q4 of 2022 and some predict a steeper rate hike of 50 bps, although so far, the ECB has been reluctant to move towards a rate hike. As the Fed and the BOE have already raised their benchmark interest rates, the Euro remains at a disadvantage from the difference in interest rates.

On Wednesday, Monthly German Preliminary CPI and Spanish Flash CPI data will be released, which are indicators of inflation for two of the Eurozone’s leading economies. More importantly, ECB President Lagarde is due to deliver a speech at an event hosted by the Bank of Cyprus. Her statements will be scrutinized by investors and may cause some volatility in the currency, as the direction of the ECB’s fiscal policy is expected to affect the Euro considerably in the coming weeks.

This is a well-known fact that all traders and market participants live with day in and day out. However, once in a while, a rare event takes place that sets the financial landscape ablaze. We are talking about GameStop, of course. So, if you are wondering why you are seeing GameStop dominate the internet and why this is important, we have summarized the key details below.To get more news about osprey forex, you can visit wikifx.com official website.

GameStop is an American video game retailer that for many years was a permanent feature in malls across the United States and beyond. Truth be told, the heyday of the shopping mall is now a thing of the past, and with it, a number of brick and mortar retailers may also be facing an uncertain future. For instance, household names like Macy’s or the cinema chain AMC have all been struggling.

Gamestop’s stock was a prime target for shorting. In other words, a situation where traders bet on the company’s stock crashing. This did not sit well with the Reddit group WallStreetBets, a community of approximately 2 million, mostly young traders. Perhaps it is the fact that for many of these millennials GameStop was a part of their childhood and teen years that led them to stand behind the company in a surge of nostalgia. Investor and Chewy co-founder Ryan Cohen joined the GameStop board of directors at the beginning of the year. This was seen favorably by investors and led the retailer’s stock to rise modestly. What happened is the extraordinary part – on Wednesday 27th GameStop finished up at 134%. It seems like the young ones were able to outsmart the Wall Street veterans.

An infamous Elon Musk Twitter comment continued to add even more fuel to this unique market scenario. The EV magnate needs no introduction to viral tweets that influence the fate of anything from canine-themed digital coins to crafts platforms. In the GameStop case, Musk’s simple “Gamestonk!!” pushed the Gamestop trading price up by a staggering further 157%.
Power to the People?
If we stop to look at the details of the story for a moment and take a look at the broader picture, what is this all telling us? The significance of the GameStop event lies in the fact that the big market players like hedge funds and short-sellers have essentially been outsmarted by a group of “normal” traders. In a unique twist of events, these new kids on the block traders have demonstrated that there is strength in numbers, even if what is standing on the other side is a group of corporate trading monoliths. The process through which wealth is distributed in capitalism-based societies is mainly centered around large-scale corporations. The fact that a determining action that influences the trajectory of wealth and profit could be made by a non-corporate group of individuals is nothing short of extraordinary.

Does this almost unprecedented scenario set a new paradigm for the trading world? It may be too soon to start theorizing about the long-term effects that the GameStop story has created. Nonetheless, we do know that what has occurred is already significant in itself.

Fundamental analysis considers how global economic news and other events impact financial markets. For example, on a country level, if monetary policies were amended for the benefit of the country’s economy, then it indicates that its currency should gain strength, thus encouraging investors to trade it. Likewise, relatively higher interest rates are generally enticing for investors as they are attracted to assets denominated in the country’s currency, which leads to increased demand, thus boosting its value.To get more news about samtrade fx, you can visit wikifx.com official website.
Below are some of the most important economic figures that affect Forex price movements. Some of these events are typically issued at a specific periodic date (e.g., monthly, quarterly,) which is why you need to either memorize the usual dates or check the economic calendar daily.

Generally, economic indicators are split into three categories, based on the nature of the data and the part of the economy it covers.Leading Indicators: Leading indicators are those that could help in predicting market trends and point to economic adjustments and events before they happen (e.g. bond yields).

Lagging Indicators: Lagging indicators reflect historical data and serve to confirm economic trends and patterns (e.g. consumer price index).

Coincident Indicators: These indicators generally have a large role in the economy and are scrutinized as they release (e.g. gross domestic product).It is defined as the overall monetary value of all produced goods and services in a specific country during a specified period of time. The GDP estimates are released at 8:30 a.m. Eastern Time on the last Thursday of each month, reflecting the previous quarter’s activity.

The first (advance) estimate is released in the first month after the quarter ends. A second revised reading is released in the following month, and a third final estimate is released in the month after.Considered as a lagging indicator, it is the main inflation figure measuring the change in the cost of a bundle of consumer goods and services both on monthly basis (MoM) and an annual basis (YoY). It is released at 8:30 a.m. Eastern Time during the second full week of each month, reflecting the previous month’s data.

The shift in price levels reflects a lot of underlying changes in the economy, therefore, the CPI is a major factor in deciding the Monetary Policy. Additionally, the Forex market is highly affected by the CPI data and what it means for the future of price level. It is also a factor in long-term investment, and changes in the price level often affect the behavior of long-term investors in fixed income (bonds) and commodities markets.Similar to the CPI, the PPI measures inflation by measuring the price of goods at the wholesale level or how much producers are paying for the goods they use in production. This report is released at 8:30 a.m. Eastern Time during the second full week of each month, reflecting the previous month’s data.
The markets consider this one to be the most anticipated report of all. It is usually released on the first Friday of each month at 8:30 a.m. Eastern Time. The headline figure in this report is the non-farm payrolls (NFP), which reflects the number of jobs created or lost during one month, ending in the middle of the previous month. The number includes changes in almost all sectors of the economy, government jobs, and private-sector jobs, which are divided into manufacturing jobs, service sector jobs, and so on. We said “almost” because there is a small number of sectors that are not included in this report. On the top of the list, there are farming (hence the name) and non-profit organizations.

There are other notable numbers included in the report such as the unemployment rate – which discloses the percentage of the unemployed workforce – and the average worked hours per week, as well as the average hourly earnings.

The data released in this report reflects the health of the whole economy, as well as employer sentiment around the future of business conditions as it shows their willingness to add more to their payroll.

Gold is a well-respected asset worldwide. One of the most popular of the precious metals group that has been interwoven into cultures dating back to ancient times. Gold is one of the earliest traded assets and still provides plenty of opportunities for investors and traders today.To get more news about veracity markets, you can visit wikifx.com official website.

If you’re thinking about “going for gold” read on for a deeper understanding of why people invest in gold and why 2021 could be the right year to do so.Throughout history, gold has been considered a trusted and valuable commodity. Despite the real value of the precious metal presenting itself in its negative correlation with the stock market and the positive correlation with inflation its store of value dates back way before the rise of the stock markets.

The precious metal’s power and wealth can be traced back as far as 4000BC. Gold’s rise to finance fame didn’t come until the late 1800s. It was then that the Gold Standard took the limelight meaning societies valued their currency to the price of gold. However, in the 1970s we witnessed the collapse of the Gold Standard, and in its place came fiat currency. For years Gold price remained stagnant but during the 2008 financial crisis Gold price almost doubled. Since then the asset has proved its strength as a hedge and here we bring you 5 reasons why having Gold in your portfolio is a good investment.
We have all heard the phrase, don’t place all your eggs in one basket. This infamous catchphrase is very true in the financial markets. A balanced portfolio containing a mix of asset types helps traders to spread risk and reduce volatility. Spreading your horizons will often include diversification assets that are not closely correlated. Historically, Gold has been known to have a negative correlation with stocks and other financial instruments. One clear example of this is 2008 when stocks plummeted, and we have seen investors flock to Gold.

Safe Haven
Unlike other assets like traditional currencies Gold is not directly impacted by interest rate decisions and it cannot be printed to control supply and demand. Gold is considered a safe haven asset because of its scarcity and the fact it has held its value over time. Not only that but the precious metal has proven its worth in the face of adverse economic uncertainty.

Inflation Hedge
Gold prices in the past have appreciated alongside a depreciating dollar, rising inflation, and when the cost of living increases. Over the years Gold prices have climbed and stock markets declined in times of high inflation. So, investors may look to gold as a hedge asset when they believe that their local currency or other investments are losing value.

Wealth Safeguarding
Throughout the ages, Gold has a history of holding its value and has been trusted by many for its wealth preservation attributes. Take for example owning $50 worth of gold 50 years ago and owning a $50 note. Gold has since increased its value and thus far proceeds your initial $50 investment. However, due to inflation the $50 has not grown in value and will not buy you as much as it would have in the 70s. Furthermore, over the last 30 years, Gold has increased by over 500%, so if you invested £2,000 in the metal then your investment could be worth over $10,000.
Gold boasts some of the highest liquidity in the commodity market and more times than not has increased in value over time. So, yes, it is a good investment asset to have as part of your trading portfolio.

At the time of writing, the precious metal has reached a support level of $1765 which analysts believe will be a launching pad for a potentially big upside price trend. Nevertheless, it is important to note that Gold price can be volatile in the short term and 2021 is yet to go back to any sense of normality in the battle against the pandemic. With the vaccine plan underway, depending on efforts and how quickly economies recover could have an impact on Gold prices. But, drivers in Gold’s favor will be the weaker US Dollar and low-interest rates.

The Top 5 Reasons To Purchase Custom Made Furniture for your home

There is no easy way of saying it: buying furniture is straight up difficult. Whether you’re shopping around at local furniture outlets or perusing online sofa retailers, the chances of finding a piece of furniture that exactly fits the space that you have in mind is challenging. More often than not, the majority of us compromise size, color, texture, shape, and cost for the sake of just wanting to be done with the search. Instead, connect with a furniture manufacturer that offers customizable options.To get more news about Home Furniture Manufacturer, you can visit beour.com official website.

Here at BenchMade Modern, we are huge advocates for producing made-to-order items and supporting custom manufacturing businesses. We believe that supporting native craftsmen is not only an integrity filled decision, but a highly valued one too! But if you’re still on the fence with purchasing from furniture manufacturers that offer customizable options, go ahead and check out our list of reasons below!
When you purchase furniture from a furniture manufacturer that offers customizable options, the manufacturer keeps your choices at hand during the entire process. You pick the design, the style, the size, the color, and the textures. The furniture that they design has your stamp of approval across the entire piece, and it will be strategically manufactured to fit your space down to the inch. It is also important to note that the overall experience you have with the designer is a serious reflection of their reputation as a whole. At BenchMade Modern, we take pride in the way we design the furniture for your home. We offer a fully customizable system for our clients, because we don’t think that settling for less should ever be an option. Between sharing two decades of furniture building expertise and offering competitive pricing, we know that we can always out-do the furniture outlet or bargain store by a long shot....because after all, this is the furniture that you designed and ordered.

The level of quality that a custom furniture maker sets the bar at is always at hand when crafting any kind of furniture. Much like a doctor or any practitioner, a furniture maker leans on their knowledge, skills, and history to create an enjoyable production experience and a notable customer experience. With the value of integrity and quality, you can guarantee that your unique piece will come out the exact way you want it. That’s one promise that you certainly cannot buy in store.

If you wouldn’t buy a home from a builder who wasn’t passionate about their own work, why would you ever buy a piece of furniture from someone who wasn’t passionate about their own craftsmanship? The relation is simple: passion drives perfection. A normal sofa that you can buy at any outlet store is likely produced by people who aren’t passionate about the construction.Those sofas have a short life span. The leather or suede is weak, the sofa’s frame begins to warp due to the cheap wood, and the sofa itself will eventually fall apart. The reality is that poorly made furniture is just not worth it in both the short and long term. When choosing a custom furniture maker for your job, you are guaranteed someone who is genuinely excited to fulfill your order. At BenchMade Modern we have excellent reviews from all of our clients, because all of our orders have been made with pride. Craftsmanship runs in our blood, and that’s a passion that will never drift away.
If you purchase a piece of furniture from us or any other custom furniture manufacturing business in America, your business goes a long way for the economy. Find your favorite US-based furniture company and pursue a purchase with them. The more you build up your local economy, the happier the community members will be. The temptation to save a few bucks may seem alluring at first, but just remember to think strategically and long term.

Smart Lock has been around since 2014's Android 5.0 era (which, according to my calculations, was approximately "an eternity" ago by 2020 standards). The basic idea behind it is to make securing your smartphone less inconvenient, thus making it more likely that you'll actually use a pattern, PIN, passcode, or person-paw press (also known as a fingerprint) to keep your data safe. The sensational headlines about big, bad malware monsters lurking in the dark and waiting to pounce on unsuspecting victims may be scary, after all, but here in the real world, you're far more likely to suffer from your own self-made security shortcomings than from any sort of theoretical threat.To get more news about safe lock, you can visit securamsys.com official website.

So, yeah: Smart Lock makes an awful lot of sense — not just for average phone-ownin' folk but also for enterprises and businesses of all sizes that need to enforce proper security and want to make the measures as palatable as possible. There's just one teensy weensy little problem: One of the most effective Smart Lock options for Android is constantly breaking and failing to do its job.

I'm talking about Smart Lock's Trusted Places feature, which lets you set a specific physical location — your home, your office, the ostrich habitat you for some reason frequent at your local zoo, or whatever — at which your phone will automatically stay unlocked. Whenever you're at that location, your phone will skip over the standard lock screen and let you get stuff done without the need for any authentication. And when you're anywhere else, your standard security method will show up and apply.

The Trusted Places part of Smart Lock was fantastic when it first came along, but at some point, it just stopped working consistently. It's something I've experienced with numerous Android devices, including my own current personal phone, and something I've heard about from Android users endlessly over the past several years. And despite the occasional proclamation that some under-the-hood adjustment has delivered the fix we've all been waiting for, the issue just never seems to go away.
Hold the phone, though: There's still hope. While we may not be able to fix the finicky nature of Android's Smart Lock Trusted Places feature at its source, we can tweak our own settings to give it a metaphorical kickstart and get it working on our devices, at least for a while, once more.

The secret is a simple little workaround I've refined and relied on personally over the years, and it absolutely works — not always forever but typically for a fair amount of time. And it takes all of roughly 60 seconds to do.There's not much left to do here: Just tap the notification shown above, and you should be taken into the Trusted Places section of your Android Smart Lock settings. There, your phone should prompt you to use the "new" address as your Trusted Place location. And all you've gotta do is tap "Yes."

If for some reason you didn't get that notification — or maybe you dismissed it inadvertently — just head into your system settings, search for Smart Lock, then head into that section and tap the "Trusted Places" line. (You'll probably have to enter your PIN, pattern, or password first as a security measure.) Tap the line labeled "Trusted Places," then tap the line representing the location you just adjusted and look for the "Turn on this location" prompt at the bottom of the screen.

You certainly shouldn't have to do any of this, and it's annoying that you do. But now you know the trick. And if things get wonky again in another six months, you know exactly what to do to set 'em right once more.

According to Latest Report Published by Emergen Research, The Smart Lock Market Size is expected to reach USD 8.87 billion in 2028 at a CAGR of 15.0% during the forecast period. Increasing need for safety and security of property, personal items, and other valuable items, rising adoption of smart home automation systems, growing preference for smart locks in commercial and corporate buildings, and rapid advancements in the smart lock technology are key factors expected to drive market revenue growth over the forecast period.To get more news about smart home accessories, you can visit securamsys.com official website.

Smart locks are IoT-enable entry devices that do not require keys and help users remotely access door locks via smartphones and other smart devices. Smart locks use Wi-Fi, mobile applications, and voice assistants such as Alexa, Google Assistant and Siri to lock and unlock doors, grant access to guests, and send alert when doors remain opened or unlocked.

The latest study is inclusive of an in-depth analysis of the economic status of the global Smart Lock market and examines the most important regions constituting the global market. It further details on the most lucrative and growth-oriented regions, top market rivals, diversified product types, and a large number of end-use industries. Additionally, the study includes a detailed summary of the current market scenario, which is vastly impacted by the ongoing COVID-19 pandemic.Growing use of smart locks in hospitality sector to improve in-room security and to regulate access to authorized individuals in factories, airports, banks, and defense zones, among others are some other key factors fueling the revenue growth of the market.

Deadbolts segment is expected to account for largest revenue share in the global market between 2021 and 2028 owing to increasing demand for deadbolts in residential and commercial buildings as they offer enhanced security and durability. Rising adoption of touch-screen deadbolt and smart deadbolts owing to their easy installation and remote control is also contributing to the revenue growth of the segment.Biometric segment revenue is expected to register robust revenue CAGR over the forecast period owing to increasing adoption of biometric smart locks that offer palm, face, iris, voice, and fingerprint recognition in residential and commercial buildings. Revenue growth of this segment can also be attributed to growing demand for smart locks integrated with 3D biometric fingerprint sensors and robust security software that offer enhanced security and improved user convenience.

Wi-Fi segment revenue is expected to expand significantly during the forecast period owing to increasing advancement in Wi-Fi networks, improvement in remote control capabilities of Wi-Fi-enabled smart locks, and real-time alerts delivered by Wi-Fi-based smart locks that ensure higher level of security and safe smart home experience.

Residential segment is expected to account for a significant revenue share in the global market owing to increasing adoption of smart locks in smart residential buildings to address the growing concerns surrounding security and safety of residents, growing trend of smart homes, and rising investment to equip new residential infrastructure with smart windows, sensors, and other integrated security features.In May 2021, Assa Abloy AB, which is a Swedish lock maker, acquired Sure-Loc, which is a U.S.-based supplier of residential locks and related hardware. The acquisition is expected to bolster the former’s global position in the smart lock market.

Novartis today announced the introduction of a new organizational structure and operating model designed to support the company’s innovation, growth, and productivity ambitions as a focused medicines company in the coming decade.To get more novartis latest news, you can visit shine news official website.

“The simpler organizational model we are unveiling today is central to our growth strategy as it will make us more agile and competitive, enhance patient and customer orientation, unlock significant potential in our R&D pipeline and drive value-creation through operational efficiencies,” said Vas Narasimhan, CEO Novartis. “With our portfolio of in-market medicines and up to 20 major pipeline assets that could be approved by 2026, Novartis is in a strong position to deliver above-peer-median sales and margin growth in the mid- and long-term.”

Integrating Pharmaceuticals and Oncology business units
Novartis will integrate the Pharmaceuticals and Oncology business units and create two separate commercial organizations with a stronger geographic focus—Innovative Medicines US and Innovative Medicines International. The two units will have full P&L responsibility across all therapeutic areas and ownership of customer experience, marketing and sales, and market access for their respective markets. The elevation and establishment of an independent US commercial organization strengthens Novartis’s ability to achieve its goal of becoming a top-five company in the US in terms of sales while maintaining and growing its leadership position internationally. The new model will also help Novartis bring increased focus and commitment to its core therapeutic areas of Cardiovascular, Hematology, Solid Tumors, Immunology and Neuroscience.

Marie-France Tschudin, currently President, Novartis Pharmaceuticals, will become President, Innovative Medicines International and Chief Commercial Officer. In her capacity as Chief Commercial Officer, Marie-France Tschudin will oversee global marketing, medical affairs and value and access across all therapeutic areas. Victor Bulto, currently Head of US Pharmaceuticals, will become President, Innovative Medicines US. They will both report to Vas Narasimhan effective immediately.

New Strategy & Growth Function
Novartis will create a new Strategy & Growth function combining corporate strategy, R&D portfolio strategy and business development. This function will help drive the company’s growth strategy end-to-end and will look across internal and external opportunities to strengthen Novartis’s pipeline with medicines that are both transformational and can make significant contributions to growth. This new function will be led by a Chief Strategy & Growth Officer who will become a member of the ECN and report to the CEO. The search is currently underway for this new leader, and in the interim the function will be led by Lutz Hegemann, M.D., Ph.D., President, Global Health.

Integrated Operations and Global Functions
Novartis will also combine its Technical Operations and Customer & Technology Solutions units to create a new Operations unit. This new unit will provide a stronger and simpler operational backbone that can accelerate multiple technology transformation initiatives more efficiently, create novel digital solutions at scale and increase productivity, while maintaining industry-leading quality and service levels. Effective immediately, Steffen Lang, currently Global Head of Novartis Technical Operations, will become President, Operations reporting to Vas Narasimhan. In addition, all G&A functions—Finance, People & Organization, Ethics, Risk & Compliance, Legal, and Communications & Engagement—will be integrated on global and country levels.
Novartis has appointed Shreeram Aradhye, M.D., as President, Global Drug Development and Chief Medical Officer effective May 16th, 2022. Dr. Aradhye, who is returning to Novartis, was most recently Executive Vice President and Chief Medical Officer at Dicerna Pharmaceuticals where he led the development of multiple clinical stage RNAi assets. Previously, he was Chief Development Officer at Axcella Health. Dr. Aradhye has dedicated his entire professional career to improving patient lives, first as an academic clinician and then as a drug developer and business leader. He brings significant experience in global clinical development of innovative medicines across several therapeutic areas and has played a key leadership role in the development of multiple innovative therapeutics. During his 20-year tenure at Novartis, he held several global leadership roles including as development head for the company’s Neuroscience franchise and Global Head of Medical Affairs for the Pharmaceuticals business unit. Dr. Aradhye will report to Vas Narasimhan and join the ECN. With the changes in organizational structure and operating model, John Tsai, M.D., has decided to pursue opportunities outside Novartis effective May 15th, 2022.
“I would like to extend my deep gratitude to Susanne, Robert and John for their invaluable contributions to the company. Susanne has been an inspiring and dedicated leader at the company for 25 years, and she has played a pivotal role in strengthening our global Oncology business. Over the last four years, Robert has led a successful transformation of our business services and technology operations and helped create a strong Customer & Technology Solutions unit. Since taking over as Head of GDD in May 2018, John has played a key leadership role in advancing our mid-stage pipeline and delivering 18 major drug approvals to patients around the world. I wish them the very best in their future endeavors,” added Vas Narasimhan, CEO Novartis. “I would like to congratulate Marie-France, Shreeram, Steffen and Victor on their new roles, and extend a warm welcome back to Shreeram. I look forward to working closely with them as we embark on this new phase of our journey to reimagine medicine together.”

As millions of people in Shanghai line up for coronavirus tests, authorities are promising tax refunds for shopkeepers in the closed-down metropolis and to keep the world's busiest port functioning to limit disruption to industry and trade.To get more China finance news, you can visit shine news official website.
This week's shutdown of most activity in China's most populous city to contain virus outbreaks jolted global financial markets that already were on edge about Russia's war on Ukraine, higher U.S. interest rates and a Chinese economic slowdown.

On Wednesday, the government reported 8,825 new infections nationwide, including 7,196 in people with no symptoms. That included 5,987 cases in Shanghai, only 329 of which had symptoms.

China’s case numbers in its latest infection surge are low compared with other major countries. But the ruling Communist Party is enforcing a “zero tolerance” strategy aimed at isolating every infected person.Some 9.1 million of Shanghai's 26 million people had undergone virus testing by Wednesday, according to health officials. They said “preventive disinfection” of apartment compounds, office buildings and shopping malls would be carried out.

Shanghai recorded more than 20,000 cases by Monday in its latest outbreak, according to state media.The party is trying to fine-tune its strategy to rein in job losses and other costs to the world’s second-largest economy.The Shanghai government announced tax refunds, cuts in rent and low-cost loans for small businesses. A government statement Tuesday promised to “stabilize jobs” and “optimize the business environment.”

The Shanghai port stayed open and managers made extra efforts to ensure vessels “can call normally,” state TV reported. The port serves the Yangtze River Delta, one of the world's busiest manufacturing regions, with thousands of makers of smartphone and auto components, appliances and other goods.Operations at Shanghai airports and train stations were normal, according to the online news outlet The Paper. Bus service into and out of the city was suspended earlier. Visitors are required to show a negative virus test.

Abroad, the biggest potential impact on China’s Asian neighbors and the rest of the world is likely to come from developments that chill demand in the world's most populous consumer market, economists said.China is the biggest export market for all of its neighbors, including Japan and South Korea.

Economic growth already was forecast to decline from last year’s 8.1% due to a government campaign to cut corporate debt and other challenges unrelated to the pandemic. The ruling party's official target is 5.5%, but forecasters say even that looks hard to reach and will require stimulus spending.

“China is the biggest single consumer of practically everything. It matters outside China,” said Rob Carnell, chief Asia economist for ING. “If China’s consumption is getting knocked down by COVID, it is going to be something that filters down the supply chain and affects countries in the region.”

Officials are trying to defend China's role in global manufacturing supply lines by making sure goods get to customers, said Louis Kuijs, chief Asia-Pacific economist for S&P Global Ratings. He noted that after previous shutdowns, factories caught up with orders by working overtime.

“The impact on supply chains is not as big as many outside observers fear,” Kuijs said. “These restrictions tend to have a larger impact on spending and the demand side in China.”The impact on Shanghai should be “relatively muted” if the city contains its outbreak as the southern business center of Shenzhen did earlier, said Carnell.

Shenzhen, a tech and finance center of 17.5 million people, imposed a similar citywide shutdown in mid-March and reopened a week later.Employees of financial industries can work from home, while automakers and other big manufacturers can have workers live at factories in a “closed loop system” that isolates them from contact with the outside.

General Motors Co. and Volkswagen AG said their factories in Shanghai were operating normally. GM said in an email it was carrying out “contingency plans on a global basis” with suppliers to reduce COVID-related uncertainties.Elsewhere, a total of 2,957 new cases were reported in Jilin province in the northeast, including 1,032 with no symptoms. Access to the cities of Changchun and Jilin in that province has been suspended.

Top NFL players by jersey number

The 2021 NFL season is finally in sight. But this year, unlike seasons past, players may be wearing jersey numbers unfamiliar to even trained eyes. Thanks to loosened restrictions that enable different positions to rock single digits starting this fall, some of the league's top talent will be sporting a new look. With that in mind, we decided to revisit every single number -- from 1 to 99 -- and identify the best player set to wear each one going into the 2021 campaign.To get more news about nfl custom jerseys, you can visit buyviagraonline24hours.com official website.

Lots of good candidates for future years: Justin Fields, Ja'Marr Chase, Tua Tagovailoa. For now, Murray brings the most pop and proven production to the table.

Once reserved for kickers, punters and the occasional QB, this number is now loaded with skill talent. Matt Ryan, D.J. Moore, Darius Slay and Robert Woods are honorable mentions. Other notables: Carson Wentz, Dyami Brown, Patrick Surtain II.

Talk about a major talent infusion for the No. 5, which is otherwise owned by mid-tier QBs like Teddy Bridgewater and Tyrod Taylor.

Just not a ton of competition for a great number. Vikings CB Patrick Peterson and Buccaneers RB Leonard Fournette are other considerations.

Jackson will probably own this as long as he suits up, but there's a decent well of future talent: Packers WR Amari Rodgers, Panthers CB Jaycee Horn, Falcons TE Kyle Pitts and Jets WR Elijah Moore.

Man, this is close. Chargers QB Justin Herbert and Cardinals WR DeAndre Hopkins are equally as spectacular at their respective peaks. A year from now, Herbert might be the no-brainer. Others to watch: Cooper Kupp and Jerry Jeudy.

This went to Aaron Rodgers in 2020. A-Rod is still more physically gifted, but how can this not be Brady, who refuses to age and/or stop delivering when it matters most? This is his number.

Michael Thomas is too banged up to retain this. Altogether, it's a treasure trove of wideouts: Mike Evans, Odell Beckham, Michael Gallup, Brandin Cooks, T.Y. Hilton, Allen Lazard.

This is a tough call, with Bills QB Josh Allen emerging as a top five playmaker at his position. For now, the nod goes to the longer track record, with Adams clearly among the game's best No. 1 wideouts.

When he's healthy, he'll give you more fight and crunch-time results than most of the other options here, all of which are good: Amari Cooper, Kenny Golladay, Deebo Samuel.