Slow and steady hope for near-extinct Bangladesh tortoises View comments Globe Business launches leading cloud-enabled and hardware-agnostic conferencing platform in PH Typhoon Kammuri accelerates, gains strength en route to PH Don’t miss out on the latest news and information. Read Next NEXT BLOCK ASIA 2.0 introduces GURUS AWARDS to recognize and reward industry influencers The fight over Wahoo has spanned decades in Cleveland.Every year, groups of Native Americans and their supporters have protested outside the stadium before the home opener in hopes of not only getting the team to abolish Chief Wahoo but to change the Indians’ nickname, which they feel is an offensive depiction of their race.Those dissenting voices have been met with fans devoted to preserving Chief Wahoo’s place in team history. The Indians’ resurgence in the mid-1990s helped spur a downtown renaissance in Cleveland.The NFL’s Washington Redskins have come under similar fire to change their logo and nickname but so far have resisted. Last year, a Supreme Court ruling in another case cleared the way for the Redskins to preserve the trademark on its logo. Kammuri turning to super typhoon less likely but possible — Pagasa 2 ‘newbie’ drug pushers fall in Lucena sting MOST READ LATEST STORIES FILE – In this June 19, 2017 file photo, members of the Cleveland Indians wear uniforms featuring mascot Chief Wahoo as they stand on the field for the national anthem before a baseball game against the Baltimore Orioles in Baltimore. The Cleveland Indians are taking the divisive Chief Wahoo logo off their jerseys and caps, starting in 2019. (AP Photo/Patrick Semansky, File)CLEVELAND — Divisive and hotly debated, the Chief Wahoo logo is being removed from the Cleveland Indians’ uniform next year.The polarizing mascot is coming off the team’s jersey sleeves and caps starting in the 2019 season, a move that will end Chief Wahoo’s presence on the field but may not completely silence those who deem it racist.ADVERTISEMENT “Nonetheless, the club ultimately agreed with my position that the logo is no longer appropriate for on-field use in Major League Baseball, and I appreciate Mr. Dolan’s acknowledgement that removing it from the on-field uniform by the start of the 2019 season is the right course.”Under growing pressure to eliminate Chief Wahoo, the club has been transitioning away from the logo in recent years. The Indians introduced a block “C″ insignia on some of their caps and have removed signs with the Wahoo logo in and around Progressive Field, the team’s downtown ballpark.National criticism and scrutiny about the Indians’ allegiance to Chief Wahoo grew in 2016, when the Indians made the World Series and Manfred expressed his desire to have the team eradicate the symbol. Earlier in that postseason, a lawsuit was filed while the club was playing in Toronto to have the logo and team name banned from appearing on Canadian TV. That court case was dismissed by a judge.The Indians’ bid to host the 2019 All-Star Game, which it was ultimately awarded, further heightened debate over Wahoo.“We have consistently maintained that we are cognizant and sensitive to both sides of the discussion,” Dolan said. “While we recognize many of our fans have a long-standing attachment to Chief Wahoo, I’m ultimately in agreement with Commissioner Manfred’s desire to remove the logo from our uniforms in 2019.”ADVERTISEMENT Abueva finally shows up at Gilas practice John Lloyd Cruz a dashing guest at Vhong Navarro’s wedding Trending Articles PLAY LIST 00:50Trending Articles01:04Trump attends World Series baseball game in Washington DC00:50Trending Articles01:29Police teams find crossbows, bows in HK university01:35Panelo suggests discounted SEA Games tickets for students02:49Robredo: True leaders perform well despite having ‘uninspiring’ boss02:42PH underwater hockey team aims to make waves in SEA Games01:44Philippines marks anniversary of massacre with calls for justice01:19Fire erupts in Barangay Tatalon in Quezon City Brace for potentially devastating typhoon approaching PH – NDRRMC The Associated Press was informed of the decision before an official announcement was planned for Monday by Major League Baseball.After lengthy discussions between team owner Paul Dolan and MLB Commissioner Rob Manfred, the Indians are taking the extraordinary step of shelving the big-toothed, smiling, red-faced caricature, which has been used in used in various expressions by the team since 1947.FEATURED STORIESSPORTSWATCH: Drones light up sky in final leg of SEA Games torch runSPORTSLillard, Anthony lead Blazers over ThunderSPORTSMalditas save PH from shutoutHowever, the American League team will continue to wear the Wahoo logo on its uniform sleeves and caps in 2018, and the club will still sell merchandise featuring the mascot in Northeast Ohio. The team must maintain a retail presence so that MLB and the Indians can keep ownership of the trademark.“Major League Baseball is committed to building a culture of diversity and inclusion throughout the game,” Manfred said in a statement. “Over the past year, we encouraged dialogue with the Indians organization about the club’s use of the Chief Wahoo logo. During our constructive conversations, Paul Dolan made clear that there are fans who have a longstanding attachment to the logo and its place in the history of the team.
India skipper Mahendra Singh Dhoni on Sunday admitted that losing quick wickets was still a concern but said his team was gradually improving and will be at its best against Australia in the World Cup quarterfinals in Ahmedabad on Thursday.India, who had lost nine wickets for just 29 runs against South Africa in their last outing, on Sunday slipped from 218 for three to 268 all out.”It (losing wickets) is a concern. But there is a gradual improvement (from seven for 29 to seven for 50) I am sure we will be at our best in the quarters. That’s the positive I will take out of this,” Dhoni said after India beat West Indies by 80 runs here.Dhoni said the turning point of the match was the wicket of opener Devon Smith, who was dismissed by pacer Zaheer Khan in the 31st over to trigger a collapse.”The game really changed once Zaheer gave us the breakthrough, until then Devon was batting really well. After that we could put pressure on both sides, and got more wickets than we needed and seize the game in the end,” Dhoni said.Asked about their quarterfinal match against Australia, Dhoni said they are focusing on the preparation rather than thinking about the result.”Australia are a very strong side and very expressive on the field. But it’s about how we prepare. Preparation is very important and we are just thinking about that particular day and match rather than think about the result,” he said.”Being in the present is a better option that thinking of the past or worrying about the future,” he added.advertisementMan of the Match Yuvraj Singh, who battled stomach cramps to score 113 runs and took two crucial wickets, said he was happy with the way he was middling the ball.”It’s been good, I went in and was middling the ball, so happy with the way it went. When you lose early wickets, you need a partnership going. Me and Virat took us to 220, very happy with the way it went,” he said.”I was getting stomach cramps since morning, but I wanted to bat till the end. I am Very happy with the team effort today. We have our batting plans. Our batting is going well, once we get the bowling and fielding going we should be ok.Asked about the quarterfinals match against Australia, Yuvraj said,”Australia have won five matches, we have also won five matches, so looking forward to the contest.” .West Indies skipper Darren Sammy said though they lost the match, there first objective of reaching the quarterfinals have been achieved.”We reached our first objective of reaching the knockout stage and we have to tighten our games quickly and produce our A game to beat Pakistan in the quarterfinals,” Sammy said.Sammy said he was happy with the bowling but said batting has let them down.”Rampaul was really good in his first game. He bowled tremendously, our bowing game good something which many felt were not our strong point. But we lost seven wickets in 30 odd runs and that is a concern,” he said.West Indies had beaten Bangladesh by nine wickets after bowling out the hosts for just 58 runs and Sammy hoped that they will carry the same confidence when they play in Dhaka on Wednesday.”We did well against Bangladesh at Dhaka and hopefully we will have the same confidence going in there on Wednesday,” he said.Sammy also hoped that injured players Kemar Roach and Chris Gayle will be fit for the match against Pakistan.”Knowing their commitment, I hope they will hopefully come out and give their best for West Indies,” he said.-With PTI inputs
Dressed in the team jersey, footballfans in Kolkata cheer for their favourite team, BrazilYou’ve got to love India for the way it loves football. There is no Indian team in the World Cup; and yet, for many Indians, life has ground to a delicious halt for the month-long duration of,Dressed in the team jersey, footballfans in Kolkata cheer for their favourite team, BrazilYou’ve got to love India for the way it loves football. There is no Indian team in the World Cup; and yet, for many Indians, life has ground to a delicious halt for the month-long duration of the tournament. Unlike in 2006-when Vikash Dhorasoo, a Mauritian descended from Andhra labourers indentured in the 19th century, made his improbable way on to the roster of France-there isn’t a single player of Indian origin in any of the 32 squads on view in Brazil.Amid the legions of naturalised players representing countries other than the ones in which they (or their parents) were born, there are Congolese players playing for Belgium, Albanians for Switzerland, Jamaicans for England, Turks for Germany, Surinamese for The Netherlands, Senegalese for France, Guinea-Bissauans for Portugal, Icelanders for the United States.But there is no ethnic Indian in sight- on any team, from anywhere-even though there can scarcely be a country where Indians have not settled in numbers. And yet, India is agog, watching the World Cup through late nights and early mornings with a passion that is truly impressive, even slightly mad. At an emotional and spiritual level, this should make Indians a special people. At least with regard to football, we are not narrow nationalists. I wanted to set up a business call with a colleague in Delhi and he pleaded, “Please, no, not then, I’ll be watching Colombia.” This was a country in which the man in question had never set foot, whose music (I can reliably state) he’d never heard, whose language he does not speak, and yet…missing even a small part of the game mattered. Colombia mattered because Colombia was playing football in the World Cup, and that was that. There is a purity of devotion in the heart of the Indian football aficionado that comes from being unsullied by merely patriotic impulses. This is what makes the Indian football fan so much more noble than the Indian cricket fan, who cares only for the Indian cricket team (a victorious Indian cricket team, preferably), and who would rather die a slow death than watch New Zealand play Sri Lanka, or England play South Africa.advertisementEvery four years, when the football World Cup starts to sizzle, Indian fans are faced with a question that fans in Brazil or England, Argentina or The Netherlands, do not ever face: Who to support? Not for Indians the electric pleasure of watching their team emerge from the tunnel, hair gelled, chins astubble, chests puffed with pride as the national anthem plays out to the world. Not for Indians the delight of having strangers from other lands come up to them, mouthing (and mangling) the names of Indian players in gestures of admiration and fandom. Not for Indians the panning of the cameras to Indian sections of a World Cup crowd, alighting on the faces of lovely Indian girls, painted Indian diehard fans, troops of men beating Indian drums. India, a billion-strong, is absent from the spectacle. We had a chance to be a part of all this, in 1950, when the Indian team was invited to the last World Cup held in Brazil. But the men who ran the Indian football federation, to their eternal damnation, chose not to send a team that would likely have acquitted itself well. They deemed the damage to their precious budgets to be too high.India-and Indian football-has been paying for that shortsightedness, that cosmic niggardliness, forever after. Those were years when India was the India of global under-confidence, of an inward-looking provincialism, when competition was frowned upon by the elites who governed the country. This aversion to competition afflicted our business, our industry, our trade… our football. And now that we are ready to compete with the world, we find that we cannot, except in those areas where we have a special advantage, such as cricket, with its small field of countries against which the game might be played.We are still appalling at most truly global competitions: Our universities aren’t world-class; our scientific R&D is mediocre, as is our defence technology; our industries are uncompetitive; our military fit for battle only against paltry Pakistan (and China knows this); our diplomats can barely speak English (let alone Russian or Arabic)… and our football team is ranked 154th in the world, one place above Singapore, one place behind Malaysia.But our football fans should be ranked close to, or at, No. 1, for they are the closest one gets to the platonic ideal of a football-lover. Not wedded to a team by blood or flag, they pick their favourites independently. An Indian family might have a father who supports Brazil, a son who shouts for a Spain, a daughter who swoons for Italy, a mother who admires Argentina. Brazil has long been an Indian passion, in part because its players play the game with such rollicking panache, but also because there is a sense that Brazil, somehow, is like India: A big, unruly, Third World country with colossal income disparity and cities seething with slums. It helps, perhaps, that some Brazilians even look a bit like us. But when we look at their football crowds, and their women, we know that there are few countries in the world that are as unlike India as Brazil. We gape at their sexual frankness, their startlingly different moral codes, and we know that all comparisons, all likenesses, have limits.advertisementIn the end, what the Indian fan looks for in a World Cup team is not an echo of himself or his country, but a history of excellence and a recognisable sporting idiom that appears to transcend national boundaries. Brazil plays football in a way that invites the whole world to watch. Recent Spanish teams have played that way, too, as have some of the more successful Argentine sides of the modern era. England, by contrast, and Germany (or, to be fair, the Germany of about 10 years ago) have both been teams that tailor their appeal to their own compatriots. Flair is an important part of global appeal, efficiency and grit less so. Which is not to say that Indian fans aren’t quietly envious of people from countries that aren’t in the top tier, and yet, by sheer dint of effort, send teams to World Cups: Costa Rica. Algeria. Greece. Bosnia and Herzegovina. South Korea. United States. Honduras. Iran.For the truth is that the Indian fan is acutely embarrassed every four years by the resounding absence of India from the World Cup, even as he is exhilarated by the matches between old favourites. Just as players from other lands are household names in his own country, the Indian fan yearns for the day when Indian players will command global attention, serving as better ambassadors for India than the legions of suits in embassies around the world. Watching football is a complex business when the World Cup comes around. We are uplifted by the play we see, by the rugged beauty on display. But we also feel very small as we watch, a nation cut down to size.Tunku Varadarajan is a fellow at Stanford University’s Hoover Institution
Photo by Tristan Tamayo/INQUIRER.netMANILA, Philippines—University of Santo Tomas finished the elimination round of the UAAP Season 81 women’s volleyball tournament with a 10-4 record which is currently the third best team in the ladder.The Golden Tigresses also returned the Final Four after missing the Season 80 semifinals despite having a depleted team.ADVERTISEMENT Star rookie Eya Laure, though, treats her team’s limited lineup as a source of motivation for UST’s semifinals matchup against defending champion De La Salle.“I’ll use their absences as a motivation because it’s also a factor and I wish that they’re here with us, but here we are,” said Laure in Filipino after UST’s win over National University, 27-25, 25-17, 20-25, 25-16, Saturday at Filoil Flying V Center.FEATURED STORIESSPORTSPrivate companies step in to help SEA Games hostingSPORTSPalace wants Cayetano’s PHISGOC Foundation probed over corruption chargesSPORTSSingapore latest to raise issue on SEA Games food, logisticsSeason 80 Rookie of the Year Milena Alessandrini played just four games for the Golden Tigresses after suffering a torn anterior cruciate ligament in her left knee while middle blocker Tin Francisco is also out with the same injury.There’s also Laure’s older sister and Season 77 Rookie of the Year EJ Laure, who sat out Seasons 80 and 81 due to injuries. MOST READ DA eyes importing ‘galunggong’ anew Cayetano: Senate, Drilon to be blamed for SEA Games mess Trending Articles PLAY LIST 00:50Trending Articles00:50Trending Articles01:30PNP officials inspect Cubao bus terminals ahead of Undas02:42PH underwater hockey team aims to make waves in SEA Games01:44Philippines marks anniversary of massacre with calls for justice01:19Fire erupts in Barangay Tatalon in Quezon City01:07Trump talks impeachment while meeting NCAA athletes02:49World-class track facilities installed at NCC for SEA Games02:11Trump awards medals to Jon Voight, Alison Krauss Private companies step in to help SEA Games hosting Philippine Arena Interchange inaugurated SEA Games hosting troubles anger Duterte Duterte wants probe of SEA Games mess Warriors prepare for rested James Harden, Rockets in West rematch Hontiveros presses for security audit of national power grid Sports Related Videospowered by AdSparcRead Next LATEST STORIES “This season is for Ate Sisi (Rondina), the coaching staff who’s always supported us, and for those who always believed in us,” said Laure. “This is also for Ate Milena, Ate Tin.”Laure added she wants to help UST rise from a dismal Season 80 campaign wherein the Golden Tigresses finished seventh with a 4-10 card.“Last season everyone was really downtrodden and it pains me to see it because I see all the hard work and sacrifices,” said Laure, who didn’t play for two UAAP seasons due to the implementation of the K-12 education system.Laure, despite not playing in the UAAP for Seasons 79 and 80, still trained with the high school team in 2017 and 2018.“Before they took the floor, we were the ones who trained and I can see their hardships and how hard they get hurt,” said Laure.ADVERTISEMENT Don’t miss out on the latest news and information. View comments Panelo: Duterte ‘angry’ with SEA Games hosting hassles
“[It’s] the brand coming to life in a fashion realm,” says Susan Schulz, Cosmo’s editorial brand director. “The process has been very smooth. Everybody, I think, in the beginning was a little nervous. I don’t know that it’s ever really been done before that a magazine would have this much input.”Cosmo will play a role in marketing and promotion of the line through traditional ad placements, as well as content integration.A slideshow featured on the Cosmopolitan.com front page Thursday allows readers to link to a story about the product launch and includes an option to purchase the clothing from jcp.com.“One of my main jobs as we move forward is finding ways to integrate the product,” Schulz says. “How to promote the product in an organic way that makes sense for our reader. We know she doesn’t want to be clobbered with it, she doesn’t want to be getting a message about the Cosmo Collection every five seconds.”“But where it does make sense to her, we want to be able to tell her, ‘Look at these new shoes. They’re in store now. We think you’re going to love them.’ “The product launch is the first of its kind for Cosmopolitan, which attracts more than 18 million print readers and 8.5 unique monthly visitors. The company has participated in collaborative media projects with Sterling Books and YouTube, however.jcpenney also signed a licensing deal with Martha Stewart Living Omnimedia [MSLO] in December of 2011. That agreement calls for a line of MSLO products to be sold online and in retail outlets that will be constructed within most jcpenney stores by February 2013. jcpenney also invested $38.5 million in MSLO in the deal. You can now get your Cosmo at jcpenney—not the magazine though, the clothing line.The Cosmopolitan Collection, a new brand of lingerie, sleepwear and accessories inspired by the world’s top-selling women’s magazine, went on sale this weekend at jcpenney’s 600-plus retailers across the country and on jcp.com.The launch culminates a two-year collaborative process between the companies that began with discussions between recently-departed Cosmopolitan editor-in-chief Kate White and former jcpenney CEO Mike Ullman in November of 2010.
“She knows what it takes to thrive in a competitive business landscape,” says Say Media CEO Matt Sanchez in a statement. “Her experience in finance and operations across a variety of fast-growth businesses is invaluable.”Dubois says she plans to focus her attention on helping the company expand its operations, while capitalizing on its current momentum to influence the future of digital publishing.Say Media’s portfolio of digital brands includes xoJane and xoVain, Fashionista, HonestlyWTF and ReadWrite. Those outlets, in conjunction with the others, yield a combined audience reach of more than 400 million people worldwide.More on this topic Penton Names New CEO Amy DuBois Barnett Director-Level Doers Berner Stepping Down From MPA Asset International Takes First Steps In Big Growth Plans Time Worldwide Publisher Kim Kelleher Named Say Media PresidentJust In The Atlantic Names New Global Marketing Head | People on the Move Meredith Corp. Makes Digital-Side Promotions | People on the Move Editor & Publisher Magazine Sold to Digital Media Consultant Shanker Out, Litterick In as CEO of EnsembleIQ Bonnier Corp. Terminates Editor-in-Chief for Ethics Breach PE Firm Acquires Majority Stake in Industry DivePowered by Industry veteran Dianne Dubois has been tapped by Say Media to be its new chief financial officer.During her more than 20 years in the industry, Dubois previously served as chief financial officer and chief operating officer at Olivia, was chief financial officer at both Looksmart and eTrade North America. In addition, she has also held senior financial roles at Disney, WellPoint and PIMCO.Dubois has spent the last four years acting as a consulting chief financial officer for a variety of mid-sized emerging technology, media, cleantech and biotech businesses.
News • Enter for your chance to win* an unlocked LG G8 ThinQ phone Mentioned Above LG G8 ThinQ (128GB, aurora black) Share your voice Comcast LG T-Mobile LG G8 ThinQ 13 $835 $829 Phones See It CNET may get a commission from retail offers. AT&T Wireless Amazon Tags NurPhoto/Getty Images T-Mobile and Comcast are teaming up to fight robocalls.The companies said Wednesday they’re rolling out a feature that protects consumers from robocalls and spam across their networks. It uses the Stir/Shaken standards recommended by the Federal Communications Commission to spot authentic calls.The verification feature is already available for T-Mobile customers and will come later this year for Comcast Xfinity Voice home phone service customers. It’ll mean T-Mobile customers can be assured calls from Comcast home phones aren’t from a scammer spoofing a number, and vice versa, the companies say.”Robocalls and spam calls are an industry-wide problem, and we’ve got to join forces to keep consumersprotected,” T-Mobile CEO John Legere said in a statement. “Today, we’re the first to cross industry lines to do just that.”T-Mobile also said Caller Verified, its implementation of Stir/Shaken, is now available on 10 phones, including the LG G8 ThinQ and the Samsung Galaxy S10, S10E and S10 Plus. It’ll soon be available on the Samsung Galaxy Fold and Galaxy A6. Customers with the most recent software update will see “Caller Verified” show up on their screen when they get authentic calls from T-Mobile’s network and Comcast’s Xfinity Voice home phone service. T-Mobile expects it’ll do this with more companies as they begin implementing Stir/Shaken in the coming months, said Grant Castle, vice president of engineering at T-Mobile.”As the other carriers get on board, we’ll be able to use this technology to verify nearly all of your calls,” Castle said.Two years ago, T-Mobile rolled out free scam protection that analyzes calls and alerts customers about likely scams. In January, the carrier became the first wireless company to apply the Stir/Shaken standards after launching Caller Verified on the Samsung Galaxy Note 9. In November, T-Mobile said it had blocked more than 1 billion spam calls in the last 18 months. $599 Comments See it See It Review • LG G8 ThinQ review: LG’s flagship can’t beat the Galaxy S10E
Politics Tech Industry Security Facebook FTC The FTC will reportedly allege Facebook deceived users about its use of their phone numbers. Angela Lang/CNET Facebook misled users about how it handled their phone numbers and gave insufficient information about a photo tagging tool, the Federal Trade Commission will reportedly allege in a complaint. The complaint will go along with a settlement the FTC reached with the social media giant last week, according to a Tuesday report by The Washington Post. In the complaint, regulators express concern with Facebook’s previous use of two-factor authentication, which provides users with a one-time password via text when they log on to the platform. Some advertisers were able to target Facebook users who added that contact information, perhaps without the users’ knowledge, people familiar with the matter told the Post. The FTC will also reportedly allege that Facebook didn’t provide enough information to users about being able to turn off a tool for identifying and suggesting photo tags. Sources told the Post they expect the FTC’s complaint and settlement with Facebook to be announced Wednesday. As part of the settlement, Facebook will reportedly be fined a record-setting $5 billion for its alleged privacy mishaps. The FTC began investigating Facebook last year following revelations that Cambridge Analytica, a UK political consultancy, accessed data from as many as 87 million Facebook users without their permission. The agency is looking into whether Facebook violated an agreement with the US government in which it pledged to improve its privacy practices.The FTC declined to comment. Facebook didn’t immediately respond to a request for comment. 0 Share your voice Post a comment Tags
Britain’s new Prime Minister Boris Johnson’s lineage traces back to the Ottoman Interior Minister, Ali Kemal, according to reports. The locals of Cankiri province have said that they are “proud” of Johnson’s electorial win.”This family has members that can lead the world. This honoured us and made us proud,” Mustafa Bal, a resident of the village of Kalfat in Orta’s Cankiri region told Turkish news agency Demiroren News Agency (DHA).Bal said Johnson’s local heritage is well known in the region and his family is called “Sarioglangiller,” which means “the sons of the blonde ones”.Johnson’s great-grandfather Ali Kemal was an Ottoman Turkish Journalist and politician. He was appointed as the Minister of the Interior in Damat Ferid Pasha’s government in 1919. He was murdered during the Turkish War of Independence.Kemal’s children, living in England, took their maternal grandmother’s maiden name ‘Johnson.’ His son Osman Wilfred Johnson married Irene Williams and their son Stanley Johnson (Boris’s father), who is an environment and pollution studies expert and a former politician, represented the Conservative Party between 1979 to 1984Local supportThe newspaper said locals have followed Johnson’s political trajectory from his position as a Mayor to the 2019 UK elections following Theresa May’s departure.Turkish President Recep Tayyip Erdogan also spoke of UK-Turkey ties with Johnson’s win. He said “I congratulate Boris Johnson, who became the U.K.’s 77th prime minister, and wish him success in his new position,” he wrote. “I believe Turkish-United Kingdom relations will develop further in this new era.”When Johnson held the position of Mayor of London from 2008 to 2016, locals even invited him to Kalfat, said Bal. He also added that many residents wanted to witness Johnson’s premiership as well. While most villagers congratulated Johnson for his win, including village head Bayram Tavukcu, another resident, Salim Bariskan said that the people are expecting Johnson to help solve the problems in the village. Close IBTimes VideoRelated VideosMore videos Play VideoPauseMute0:00/1:03Loaded: 0%0:01Progress: 0%Stream TypeLIVE-1:03?Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedSubtitlessubtitles settings, opens subtitles settings dialogsubtitles off, selectedAudio Trackdefault, selectedFullscreenThis is a modal window.Beginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window. COPY LINKAD Loading … Boris Johnson Elected Next UK Prime Minister
Traders work at the post where shares of Patheon NV is traded on the floor of the New York Stock ExchangeReutersAsian shares edged higher on Friday after comments from a Federal Reserve official ebbed concerns that the central bank might raise rates faster-than-expected this year.St Louis Fed President James Bullard tried to tamp down of expectations of four rate hikes in 2018, instead of the widely anticipated three increases, Reuters reported.His comments come after Fed officials on Thursday agreed that “the strengthening in the near-term economic outlook increased the likelihood that a gradual upward trajectory of the federal funds rate would be appropriate.”Three rate rises are now almost fully priced in for this year, compared to two as recently as December.MSCI’s broadest index of Asia-Pacific shares outside Japan climbed 0.4 percent, but was still on track to end the week barely changed.Overnight, the Dow added 0.7 percent while the S&P 500 ended a tad firmer.Back home, SGX Nifty, an early indicator of the Nifty 50’s trend in India, signals a positive start for the domestic markets after the benchmark Sensex lost 25 points or 0.07 percent to close at 33,819 on Thursday.The partially convertible rupee ended down 0.42 percent at 65.05 per dollar on Thursday from its previous close of 64.77 per dollar.So far this year, the rupee has fallen 1.9 percent against the U.S. dollar, while overseas investors have bought $1.1 billion in local equity and $1.8 billion in debt markets.Crude check: Brent crude declined 0.20 percent at $66.26 per barrel while the West Texas Intermediate crude lost 0.16 percent to $62.67 a barrel.Fed meeting: Data released after the meeting showed the unemployment rate holding at 4.1 percent in January, while the consumer price index, excluding food and energy, was 1.8 percent for the 12 month period.