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CTS EVENTIM Reports Normalised EBITDA Loss In FY20 – Quick Facts

CTS EVENTIM (CEVMF.PK) reported that its fiscal 2020 normalised EBITDA was negative at 2.9 million euros compared to normalised EBITDA of 286.5 million euros, last year, the result of rigorous cutbacks, income from insurance compensation and government grants to cover payroll and overhead costs, also and especially in countries outside Germany.

Fiscal 2020 Group revenue fell 82.2 percent year-on-year to 256.8 million euros from 1.44 billion euros, prior year. Revenue in the Ticketing segment was 73.7 percent lower year-on-year, at 126.6 million euros.

Elementis FY Adj. Pretax Profit Declines; Underlying Revenue Down 12%

Elementis PLC (ELM.L) reported a loss before income tax of $68.8 million for the year ended 31 December 2020 compared to profit of $61.0 million, prior year. Loss per share, in cent, was 11.3 compared to profit of 7.9. Adjusted profit before tax declined 44% to $53 million. Adjusted earnings per share in cent was 6.5 compared to 12.4.

Fiscal year revenue declined to $751.3 million from $873.6 million, previous year. Revenue was down 14% (12% underlying) principally due to COVID-19 related volume impact across industrial and consumer end markets.

The Board is not recommending a final dividend for 2020.

Russia reports 8,457 new COVID-19 cases, 427 deaths

FILE PHOTO: Ambulances are seen near the City Polyclinic Number 3, where Russia’s “Sputnik V” vaccine against the coronavirus disease (COVID-19) is being tested in Moscow November 28, 2020. Picture taken November 28, 2020. REUTERS/Tatyana Makeyeva

MOSCOW (Reuters) – Russia on Tuesday reported 8,457 new COVID-19 cases, including 1,042 in Moscow, pushing the national tally of cases to 4,474,610 since the pandemic began.

The government coronavirus task force said 427 people had died in the last 24 hours, taking the overall death toll to 95,818.

Temple Bar Investment Trust Posts FY Loss – Quick Facts

Temple Bar Investment Trust PLC (TMPL.L) reported that its loss for the year ended 31 December 2020 was 277.26 million pounds or 414.60 pence per share compared to net income of 218.69 million pounds or 327.02 pence per share in the previous year.

Loss before tax was 276.93 million pounds compared to profit before tax was 218.86 million pounds last year.

Total loss was 264.77 million pounds compared to total net income of 228.72 million pounds in the previous year.

The Board does not intend to recommend the payment of a final dividend. The total payment for the 2020 financial year represents a decline of 25.1% from the dividend paid in 2019. Going forward, however, the Board hopes to resume dividend growth from this lower level.

Daughter says she's been 'robbed' of dad, 81, who was marked DNR by hospital


‘He was waiting for me to take him home’

‘No visiting rights’

Boris to address nation at 5pm one year on from first lockdown

Deaths drop below five-year average for first time in six months

China Leaves Benchmark Lending Rates Unchanged

China left its benchmark lending rates unchanged, as widely expected, on Monday.

The one-year loan prime rate was retained at 3.85 percent and the five-year loan prime rate was maintained at 4.65 percent.

The one-year and five-year loan prime rates were last lowered in April 2020. The one-year loan prime rate was cut by 20 basis points and five-year rate by 10 basis points in April.

The inaction did not come as a surprise since the People’s Bank of China had not adjusted the rate on its medium-term lending facility this month as it did ahead of the past three LPR moves, Julian Evans-Pritchard and Sheana Yue, economists at Capital Economics, said.

The scope for hiking rates this year is diminishing. The PBOC appears to favor quantitative controls on lending instead, they noted. Either way, credit conditions are set to be less favorable this year.

The loan prime rate is fixed monthly based on the submission of 18 banks, though Beijing has influence over the rate-setting. This new lending rate replaced the central bank’s traditional benchmark lending rate in August 2019.

Critics Tell GOP Rep. Lauren Boebert What To Do With Her ‘Prayers’ After Boulder Shooting

Twitter users weren’t buying pro-gun Rep. Lauren Boebert’s (R-Colo.) “prayers” following Monday’s mass shooting at a supermarket in Boulder, Colorado, that killed 10 people.

The QAnon-endorsing lawmaker said her prayers were with everyone “affected by this tragedy” and asked “God be with us as we make sense of this senseless violence, and may we unify and not divide during this time.”

Critics questioned the sincerity of Boebert’s statements, recalling her founding of a gun-themed eatery, prominent displaying last month of firearms during a virtual House committee hearing and use of a gunshot sound to conclude an ad attacking Democrats and House Speaker Nancy Pelosi (D-Calif.).

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I'm an immigrant but because of white privilege, I'm never treated like one