Virginia coach London looks to turn improvements into wins when Cavaliers play surprising Duke
“US lawmakers are finally making headway on a deal to avert financial destruction before Thursdayas D-day deadline, propping up market sentiment in overnight trade across US and Asian share markets and pulling up Europe,” said Ishaq Siddiqi, market strategist at ETX Capital traders. Senate Republicans are scheduled to convene Tuesday at noon to review a plan being hammered out between Senate Majority Leader Harry Reid and Republican Minority Leader Mitch McConnell that would raise the US government’s borrowing limit and end a partial federal government shutdown. “I’m very optimistic we will reach an agreement that’s reasonable in nature this week to reopen the government, pay the nation’s bills and begin long-term negotiations to put our country on sound fiscal footing,” Reid said at the conclusion of Monday’s Senate session. “We are not there yet, but tremendous progress” has been made, he said. If Congress does not raise the $16.7 trillion debt ceiling by Thursday, the US government will begin to run out of money and could start defaulting on its obligations for the first time in history. Back on the trading floor, Lloyds Banking Group (LBG) was the most traded stock by volume, with 124.19 million units changing hands, followed by telecoms giant Vodafone which saw 68.76 million units switch owners. Miner Rio Tinto was the star performer rising 4.25 percent to stand at 3215 on strong third quarter results. Petrofac was also in demand and was up 3.68 percent to 1,410 pence. Burberry was the biggest faller, slipping 7.63 percent to 1464 pence. The British luxury fashion group retreated after its chief executive Angela Ahrendts is quitting her role to become head of retail at Apple. The US technology giant Apple said in a statement that Ahrendts would oversee the “strategic direction, expansion and operation” of its retail and online stores. aI am thrilled that Angela will be joining our team,a said Apple chief executive Tim Cook. aShe shares our values and our focus on innovation, and she places the same strong emphasis as we do on the customer experience. She has shown herself to be an extraordinary leader throughout her career and has a proven track record.a Ahrendts will have been chief executive of Burberry for about eight years by the time of her departure in 2014.
London market edges higher over US debt deadline talks
STORY HIGHLIGHTS Keepers “heartbroken” as tiger cub found dead in enclosure at London Zoo Newborn animal believed to have drowned in pond after mother carried it outside Three-week-old cub was first Sumatran tiger to be born at zoo in 17 years London (CNN) — Keepers at London Zoo are “distraught” after a newborn tiger cub — the first Sumatran tiger born there for 17 years — drowned in a pool at its enclosure. The animal was born to five-year-old first-time-mom Melati just three weeks ago, and its arrival was greeted with huge excitement and celebration at the zoo, where experts were “over-the-moon” about the birth. But on Saturday, keepers raised the alarm when they could no longer see the young tiger on cameras inside its den; a search of the enclosure revealed the animal’s body. It is thought Melati carried the cub out into the paddock area of the zoo’s “Tiger Territory,” where it fell into the pond and drowned. Meet the newest resident at London Zoo Animals weighing in at London Zoo Wanted: Female for last surviving fish “We’re heartbroken by what’s happened,” said London Zoo’s Malcolm Fitzpatrick. Melati is said to be a very nervous tiger who prefers routine, and experts at the zoo had opted to allow her full access to the whole enclosure fearing that any changes to her environment might cause her to injure or abandon her cub. “At the time we thought it was in the best interests of Melati and her cub to allow her continued access to the full enclosure as normal,” Fitzpatrick said. “We didn’t want to put her on edge by changing her surroundings or routines, in case she abandoned or attacked the cub.” London Zoo is to carry out a full review of the circumstances which led to the cub’s death. “We would do anything to turn back the clock, and nobody could be more upset about what’s happened than the keepers who work with the tigers every day,” said Fitzpatrick. They are devoted to those tigers and are distraught.” The zoo had kept Melati’s pregnancy a secret for about 105 days before her cub was born on September 22. Hidden cameras were installed in her enclosure to keep watch over her throughout, and the speedy birth, which lasted just six minutes, was also caught on video.
On defense, Maryland gained 468 yards, none more damaging than the 47-yard pass backup quarterback Caleb Rowe completed to Deon Long on third-and-22. Long was double-covered on the catch, but still came down with the ball on the game-winning drive. “We just didn’t take advantage of the opportunities that were presented before us,” linebacker Henry Coley said. “We got our hands on a few balls, we misjudged some balls and we had a few mental errors out there. It was just different people at different times, but it ended up with us losing the football game.” The Cavaliers also won the turnover battle 3-0, but converted the takeaways into just 6 points. In many ways, their 2-4 record feels a lot like their 2-4 mark at this point last season, quarterback David Watford said. Still, having been through it and having seen the team fall apart, there is resolve. “As a team we just have to stick together,” he said. “I feel like that was really one of the things last year is things kind of went south, guys kind of started to fall apart and you could see it, especially in the locker room. Certain guys, it just started to turn bad. When it turned bad, everything went bad. “The most important thing for us is just to stick together and keep fighting.” Coley, a junior, said he’s been paying attention to his teammates’ demeanor, too, looking for signs that players are fading, but that he’s seen none of it, and in fact, saw the opposite, even in the loss at College Park, Md.
ICBC bond: latest step on London’s road to RMB dominance
If you not yet registered, it’s a simple process which only takes a few moments. Reading beyondbrics articles will NOT deduct from your free monthly quota of stories on FT.com. Sign up for our news headlines and markets snaphot service . We have two emails per day – London and New York headlines (sent at approx 6am and 12pm GMT). Pretty much everything you need to know about beyondbrics is in our About this site page. But briefly: There is an overall beyondbrics RSS feed , as well as feeds for all our countries, tags and authors. Learn more in our full RSS guide . All posts are published in UK time. Get in touch with us – your comments, advice and even complaints. Find out how to contact the team. See the full list of FT blogs .