The biggest and brightest full moon of the year will be seen today
THE biggest and brightest full moon of the year will be seen today.
Perigee — the point at which the moon is closest to the Earth — is at 2.51am with full moon at 12.14pm.
The “flower moon” is the second of two consecutive supermoons.
It will appear to be 30 per cent brighter and 14 per cent larger than previous full moons.
The “supermoon” can also be seen in St Petersburg, Russia and Istanbul, Turkey.
In parts of Australia and parts of the Americas stargazers will also be able to catch a glimpse of a total lunar eclipse – or ‘Blood Moon’ – but those in the UK won’t be so lucky.
Astro-snappers have said one of the best spots in the UK to watch the supermoon will be in Primrose Hill, north London.
Both Greenwich Park and Crystal Palace’s Westow Hill in south-east London are great places to watch the lunar sensation.
GDP prints unrevised 6.4%
US postponing trading ban on companies with Chinese military ties a concern: Expert
Roger Robinson Jr., former senior director of international economic affairs at the Reagan National Security Council, warns against a possible ‘fundamental shift’ on China policy in the Biden administration.
The U.S. economy grew less than expected in the three months through March, according to a second estimate released Thursday.
Gross domestic product increased at a 6.4% annualized rate, unchanged from the advanced estimate, the Commerce Department said. Economists surveyed by Refinitiv were expecting 6.5% print.
Consumer spending and nonresidential fixed investment were revised higher, offsetting downward revisions to exports and private inventory investment. Imports, which are a subtraction from the GDP calculation, were revised higher.
Meanwhile, the number of weekly jobless claims totaled 406,000 for the week ended May 22, a new pandemic low. Economists surveyed by Refinitiv expected 425,000 new claims.
This story is developing. Check back for updates.
Marks & Spencer hit by HUGE £200m loss – Covid threatens Great British high street
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The popular high street retailer plunged to a £201.2 million pre-tax loss for the year to March 27, with its clothing and home business taking a huge hit from imposed lockdown restrictions. This compared to a £67.2 million statutory profit in the previous year. M&S reported like-for-like revenues in its food business actually increased by 1.3 percent over the 12 months period.
But the group saw its clothing and home business slump by almost a third (31.5 percent) – despite online growth of 53.9 percent.
The retailer’s Clothing and home operations made a £129.4 million operating loss, but M&S said the performance in this sector improved in the second half of its financial year.
This is a breaking story. More to follow…
SEBI to appoint forensic auditors for listed firms
Regulator’s move to curb frauds
Markets regulator SEBI is looking to appoint auditors for conducting forensic audits of financial statements of listed companies as part of efforts to curb frauds.
In recent months, SEBI has ordered forensic audit of certain companies.
The Securities and Exchange Board of India (SEBI) has invited applications from eligible chartered accountant firms “for empanelment to take up assignments relating to forensic audit of financial statements of listed companies.”
“Application shall not be considered where disciplinary action or proceedings have been initiated against the applicant, its partners or directors, by any regulatory body or court of law,” SEBI noted.
In October 2020, SEBI asked listed firms to disclose about the initiation of forensic audit to stock exchanges to address gaps in the availability of information.
William Shakespeare, the first man in the world to publicly get the COVID-19 vaccine, died of an unrelated illness
- William Shakespeare, the first man to get publicly vaccinated for COVID-19, has died.
- He died of an unrelated illness, according to the BBC.
- Shakespeare was 81 years old.
- See more stories on Insider’s business page.
The first man to get publicly vaccinated for COVID-19 died of an unrelated illness last Thursday, the BBC reported.
The man, named William Shakespeare, was the second person to receive Pfizer BioNTech’s COVID-19 vaccine out of clinical trials. He received the first dose of the two-shot vaccine in early December at University Hospital in Coventry, Warwickshire.
Shakespeare, who went by Bill, received the vaccine not long after 90-year-old Margaret Keenan received the first shot at the same hospital.
At the time of his vaccination, Shakespeare said he was “pleased” and praised staff at the hospital, Insider previously reported.
Shakespeare was 81.
Coventry councillor Jayne Innes, his friend, said the “best tribute to Bill is to have the jab,” according to the BBC.