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s May Not Drop, Even If There Is A Recession

Goldman Sachs Group Inc (Related symbols : GS, GSBD, GSF, GSJ)NYSE

oilprice.com / Friday, May 20, 2022 12:00 AM

A recession will surely impact oil demand, but it could just weaken its growth, not lead to an annual decline in global demand. Or, in case of a recession, how hard will global oil demand be hit? If that is the case, oil demand may not crash and oil prices may not collapse, at least not as much as the bears believe. Slower economic growth will likely slow down global oil demand growth if the Fed manages the "soft landing" successfully. For oil demand to actually contract, a recession has to be severe.


Matt Shakman To Direct & Exec Produce Apple's Godzilla And The Titans Series

Apple Inc (Related symbols : AAPL)NASDAQ

deadline.com / Friday, May 20, 2022 12:00 AM

WandaVision helmer Matt Shakman has been tapped to direct the first two episodes of Apple TV+s upcoming live-action Godzilla and the Titans series based on Legendary’s Monsterverse franchise, from Legendary Television. The series is produced by Legendary Television and executive produced by co-creators Chris Black (Star Trek: Enterprise, Outcast), who serves as showrunner, and Matt Fraction (Hawkeye). The series is also executive produced by Safehouse Pictures’ Joby Harold and Tory Tunnell. Shakman most recently helmed the Disney+/Marvel series WandaVision, which earned him an Emmy nomination for directing. He’s currently directing the Hulu limited series Immigrant and is set to direct the next untitled Star Wars film for Paramount and Bad Robot’s JJ Abrams.


Canada to ban Huawei, ZTE 5G equipment, joining Five Eyes allies

Huawei Technology Company Ltd (Related symbols : 002502, ERIC)SHE

cnn.com / Thursday, May 19, 2022 11:59 PM

Canada on Thursday said it plans to ban the use of China's Huawei Technologies and ZTE 5G gear to protect national security, joining the rest of the so-called Five Eyes intelligence-sharing network. "We intend to exclude Huawei and ZTE from our 5G networks," Industry Minister Francois-Philippe Champagne told reporters in Ottawa. Champagne added that companies will be required to remove their 5G gear by June, 2024, would not be reimbursed. The rest of the Five Eyes network — which consists of Canada, the United States, Britain, Australia and New Zealand — has already banned the equipment. In September 2018, Canada first announced it would review the possible threats to national security in adopting Huawei equipment.


Perseus Mining (ASX:PRU) completes takeover of Orca Gold

Prudential Financial Inc (Related symbols : PRU)NYSE

themarketherald.com.au / Thursday, May 19, 2022 11:59 PM

Perseus has received 223.7 million Orca common shares, meaning it now holds a 100 per cent interest in Orca. Perseus already owned 39.09 million Orca shares before purchasing the remaining number of available shares. Orca shareholders received a total of 125.2 million Perseus shares as a result of the transaction, valuing the deal at around C$200 million (A$221 million). As an extension of this deal, Perseus now holds 33 million shares in Montage Gold Corp — roughly 31 per cent of Montage shares on issue. Perseus Mining (PRU) last traded at $1.75 per share on Thursday, May 19.


Crown Resorts investors to vote on $8.9b Blackstone takeover

Blackstone Inc (Related symbols : BX, BXMT, CT)NYSE

thewest.com.au / Thursday, May 19, 2022 11:58 PM

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SEC star coaches spar over NIL compensation

Sirius XM Holdings Inc (Related symbols : SIRI)NASDAQ

ajc.com / Thursday, May 19, 2022 11:58 PM

And the parity in college football he’s been talking about? In his session which lasted about 10 minutes, Fisher declared: “We never bought anybody, no rules are broken. “I look at the betterment of college football. Maybe someone should have slapped him (Saban),” Fisher said. “So why we’re the target, is that a threat to the power system of college football?


CDC recommends Pfizer booster shot for children 5 to 11

Pfizer Inc (Related symbols : PFE)NYSE

foxnews.com / Thursday, May 19, 2022 11:57 PM

The Centers for Disease Control and Prevention on Thursday recommended that children ages 5 to 11 get a third dose of the Pfizer-BioNTech coronavirus booster shot as cases continue to climb in parts of the country. CDC director Rochelle Walensky endorsed the idea while encouraging unvaccinated parents of children in that age group to also get the shot. "Vaccination with a primary series among this age group has lagged behind other age groups leaving them vulnerable to serious illness," said CDC Director Dr. Rochelle Walensky, in a statement. "We know that these vaccines are safe, and we must continue to increase the number of children who are protected," she said. Earlier this week, the Food and Drug Administration authorized Pfizer’s kid-sized booster, to be offered at least five months after the youngsters’ last shot.


PRESS DIGEST- Financial Times - May 20

Huawei Technology Company Ltd (Related symbols : 002502, RDS-A, RDS-B, SHLX)SHE

finance.yahoo.com / Thursday, May 19, 2022 11:57 PM

The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy. Headlines - Canada to ban Chinese telecoms Huawei and ZTE from 5G networks https://on.ft.com/3MyQQqq - THG rejects 2 billion pounds ($2.49 billion) bid as Candy weighs up online retailer https://on.ft.com/3MxEQ8B - Odey urges Shell to drop appeal against order to slash emissions https://on.ft.com/381BRWZ - U.S. Senate sends $40bn Ukraine aid package to Joe Biden's desk https://on.ft.com/3G60pdR Overview - Canada's Industry Minister Francois-Philippe Champagne said on Thursday the country plans to ban China's Huawei Technologies Co Ltd and ZTE Corp from provi...



Swarmio Media Holdings Inc (Related symbols : SWMIF)PINK

finance.yahoo.com / Thursday, May 19, 2022 11:57 PM

Swarmio Media Holdings Inc. (CSE: SWRM) (OTC: SWMIF) ('Swarmio' or 'the Company'), a technology company focused on the global deployment of its proprietary gaming and esports platform via its telecom operator ("telco") partners, announces its intention to complete a non-brokered insider-led private placement of up to $1,000,000.