Author: Press Room

Northern Trust, a large US custody bank, was overwhelmed by a slew of margin calls during the UK government bond market turmoil, hampering the ability of pension funds to raise cash, according to several people involved in the trades.Processing hold-ups forced Northern Trust to redeploy staff from its US headquarters to help with the workload, according to two people with knowledge of the bank’s operations. Northern Trust acts as a depository for two of the biggest liability-driven investment managers caught up by the gilt sell-off, Legal & General Investment Management and Insight Investment.UK pension funds were faced with sudden and…

A quiet family neighbourhood on the edge of Cochrane’s scenic riverway erupted into excitement and a bit of panic on Thursday morning. School-aged children waiting on the sidewalk for a big yellow bus saw a black bear dart across the road.“There was a message on our neighbourhood mom chat,” Cochrane resident Mindy Gallup said.“A bear was spotted between two houses right across the street from the bus stop, so there was this eruption and parents were sending other parents to be with the kids.”The bear darted away quickly, but it’s not the first time a black bear has poked around…

More than 55 million people globally have dementia.Researchers from the University of Cambridge show it is possible to see signs of dementia as early as nine years before a person receives a diagnosis.Scientists also found those who developed Alzheimer’s were more likely to have had a fall and had poorer overall health at baseline.More than 55 million people around the world have dementia — a group of conditions affecting a person’s brain function. Although there is currently no cure for dementia, the earlier a doctor can diagnose a person with dementia, the better in terms of symptom management, treatment, and…

China’s consumer price index increased by 2.8% in September from a year ago as prices of food, especially pork, rose.Future Publishing | Future Publishing | Getty ImagesBEIJING — China’s consumer prices rose in September at their fastest pace in more than two years as pork prices climbed, the National Bureau of Statistics said Friday.The consumer price index increased by 2.8% last month from a year ago, matching expectations from a Reuters poll.That marked the fastest pace since a 3.3% year-on-year increase in April 2020, according to Wind Information.Much of the gains came from a continued pickup in pork prices, which…

A 79-year-old woman was struck and killed by a city bus as she crossed a Brooklyn street Thursday night, police said. The woman was walking across Flatbush Avenue near Brooklyn College around 6:20 p.m. when she stepped in front of an MTA bus and was hit, according to the NYPD. The bus was traveling northbound on Flatbush Avenue and struck into the woman as the vehicle was making a left onto Glenwood Road, cops said. The 79-year-old victim was jaywalking when she walked in front of the bus and was hit, police said. Robert Mecea The woman was rushed to…

For today’s legal practitioners, the most effective innovations can simply involve making better use of what they already have: vast amounts of data. And this better use of data can deliver benefits for both their clients and their firms. As our winner, Alexander Oddy, shows, identifying the variables that affect dispute resolution cases can transform a decision on whether to settle or litigate from an imponderable into a percentage game — recovering more at lower risk. Equally, data points on past cases and lawyers’ timecards can ensure the cost to clients is much more predictable. But data analysis is nothing…

Last week’s Thursday night game was brutal but at least there were some touchdowns in this one.It was sloppy from start to finish, but a late surge – and some help from the opposition – gave the Washington Commanders a 12-7 win in Chicago against the Bears. Up 7-6 with just over 8 minutes to go, the Commanders were set to punt the ball away for the sixth time of the night. However, Velus Jones muffed the Commanders’ punt, and Washington recovered at the four-yard line, putting themselves in a perfect spot. On the second play of the abbreviated drive, Brian…

Browns quarterback Deshaun Watson, according to reports, is facing a new lawsuit from another massage therapist.  According to the lawsuit, which was filed Thursday in Harris County, Texas, Watson is being sued by a licensed massage therapist, listed as a “Jane Doe,” over a session that occurred in December 2020.  The suit accuses Watson of trying to have sex with the massage therapist. When she declined, he was allegedly able to “pressure her into oral sex.” The suit says that Watson paid her $300, an amount in excess of her $115 hourly rate.  Watson, who is currently serving an NFL-imposed…

There appears to be more to the story behind offensive lineman Logan Brown leaving the Wisconsin Badgers to enter to the transfer portal. With Wisconsin firing Paul Chryst on Oct. 2, players with the program had 30 days to enter the portal, as per NCAA rules following a coaching change. So Brown’s announcement on Twitter that he’s entering the portal wasn’t a surprise. However, the Milwaukee Journal-Sentinel reported Brown struck a teammate at practice the day before his announcement, and after deliberating what to do, interim head coach Jim Leonhard thought it best for Brown to move on.  “The reality of what…

The NFL’s Thursday night game wasn’t giving anybody an offensive showing on Thursday night – UCF quarterback John Rhys Plumlee kept it all to himself.But in the process, he also made school history in their 70-13 win over Temple. Rhys Plumlee scored seven total touchdowns against the Owls on Thursday, and became the third person in UCF history to record at least three passing touchdowns and three rushing scores.The other two: McKenzie Milton in 2018 and Daunte Culpepper 20 years prior, according to ESPN Stats & Info. COLLEGE FOOTBALL RIVALS INVOLVED IN MAJOR BRAWL BEFORE SOUTHERN TROUNCES PRAIRIE VIEW A&MFor…