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$3.5 Million Grant Supports Effort Led by Penn Medicine to Diversify Alzheimer's Disease Research


$3.5 Million Grant Supports Effort Led by Penn Medicine to Diversify Alzheimer’s Disease Research
Penn and community organizations partnering to address Alzheimer’s disease health disparities
Newswise — PHILADELPHIA—Black adults are more likely than other groups to develop Alzheimer's disease or related disorders but are poorly represented in Alzheimer’s disease research, including recent clinical trials. This health disparity illustrates how Black individuals can benefit from advances in the field if they had access.  
This week, the Pennsylvania Department of Health’s Commonwealth Universal Research Enhancement (CURE) program announced it will award a $3.5 million grant to Penn Medicine researchers and community partners to address the underrepresentation of Black adults in Alzheimer’s Disease research. The grant supports the Aging Brain Cohort Dedicated to Diversity (ABCD

Euro Drops Vs Most Majors Ahead Of PMI Reports

BRUSSELS (dpa-AFX) - At 3.45 am ET Wednesday, Italy's services PMI data is due. Final PMI figures are due from France and Germany at 3.50 am and 3.55 am ET, respectively. At 4.00 am ET, IHS Markit

EURO Ressources reports earnings for the first quarter ended March 31, 2021

NEWS RELEASEParis: EUR EURO RESSOURCES REPORTS EARNINGS FOR THE FIRST QUARTER ENDED MARCH 31, 2021 Paris, France, May 5, 2021: EURO Ressources S.A. ("EURO" or "the Company") (Paris: EUR) today

21st Austria weekly - Porr, OMV, S&T, UBM (26/04/2021)

21st Austria weekly - Porr OMV S&T UBM 26/04/2021 [pic1]Porr: Austria’s second-largest construction company with around 20 000 employees generated production output of Euro 5.2 bn -6.9% in its nine countries 2020. The decrease was mainly caused by the temporary shutdown sites necessitated pandemic and numerous restrictive measures relation to COVID-19. In addition disruptions interruptions operations every market also saw delays projects travel restrictions local lockdowns non-performing subcontractors. Overall Germany remained most important Porr markets together accounting for 71%. ended year negative EBT EUR 51.0m which reflect costs incurred as a result COVID-19 well revaluation projects. “The past challenge all us from perspective. Porr’s

21st Austria weekly - Atrium, Warimpex, RHI Magnesita, S&T, A1 Telekom Austria (27/04/2021)

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21st Austria weekly - Atrium Warimpex RHI Magnesita S&T A1 Telekom 27/04/2021 [pic1]Atrium: Atrium European Real Estate a listed owner operator and redeveloper of shopping centres retail real estate in Central Europe announces that it has priced Euro 350 mn inaugural green hybrid bond under its EMTN Programme. The Notes attracted strong demand with an orderbook 1.2 billion were placed broad range international institutional debt investors including those investors specific focus on ESG/sustainable investment portfolios. carry coupon 3.625% until the first reset date issue price is 98.197%. will be callable for time 4 August 2026. expected to or around May 2021.Atrium:

Italy: The land the property bonanza forgot

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As housing prices soar in most developed nations but stay mostly flat in Italy, many foreigners might see it as an attractive new home – as long as they don’t expect to make money on the investment

21st Austria weekly - Strabag, Erste Group, Palfinger (30/04/2021)


02.05.2021
Strabag: Strabag SE, the publicly listed construction group, recorded a decline in output volume in the 2020 financial year, based on the high order backlog, however, the company is cautiously optimistic about the future. At Euro 15.4 bn, the output volume was 7 % below the record level from 2019. The consolidated group revenue amounted to Euro 14.7 bn, which corresponds to a decline of 6 %. The earnings before interest and taxes (EBIT) increased by 5 % to Euro 630.65 mn, which corresponds to an EBIT margin of 4.3 % after 3.8 % in 2019. The net income after minorities for 2020 thus stood at € 395.22 million – an increase of 6 %. The company aims to pay out a dividend of Euro 1.90 a share – what would be the highest since IPO. CEO  Thomas Birtel: “A definitive end to the pandemic is not yet in sight, but from today’s perspective we can say that our strategy and our business model have proven their worth. We therefore expect a slight increase in output in 2021, although the EBIT margin, our most important financial indicator, is likely to return to normal – especially given the currently observable price increases for construction materials.” The company expects to achieve an output volume slightly above the previous year’s level in the 2021 financial year. This forecast is supported by the high order backlog. Following the extraordinary earnings situation in the past financial year, the situation should return to normal in 2021 with an EBIT margin of below 4.0 %.

Euro Falls As German Economy Shrinks


Euro Falls As German Economy Shrinks
CANBERA (dpa-AFX) - The euro weakened against its major counterparts in the European session on Friday, as German economy contracted more than expected in the first quarter due to the coronavirus pandemic.
Data from Destatis showed that gross domestic product fell 1.7 percent sequentially, in contrast to the 0.5 percent growth seen in the fourth quarter of 2020. This was bigger than the economists' forecast of -1.5 percent.
GDP, on an unadjusted basis, declined at a faster pace of 3.3 percent annually in the first quarter after easing 2.3 percent in the previous quarter. Economists had forecast an annual fall of 3.6 percent.

Perflow Medical Expands Product Portfolio with First Clinical Use of the Stream17 Dynamic Neuro-Thrombectomy Net


Perflow Medical Expands Product Portfolio with First Clinical Use of the Stream17 Dynamic Neuro-Thrombectomy Net
NETANYA, Israel, April 29, 2021 /PRNewswire/ -- Perflow Medical, a private, Israeli-based innovator for neurovascular treatments, today announced the first successful clinical use of the Stream17 Dynamic Neuro-Thrombectomy Net, a lower profile device designed for more tortuous anatomy, to effectively treat hemorrhagic and ischemic stroke patients. Built on the proprietary CEREBRAL NET technology, the Stream17 device is the latest product portfolio addition that also includes the recently commercialized Cascade17 Dynamic Non-Occlusive Remodeling Net for coil embolization of intracranial aneurysms. These low-profile product offerings further expand the range of brain vessels that can now be treated with Perflow's unique CEREBRAL NET technology. The first clinical procedures were successfully completed by Prof. Karlis Kupcs, head of Radiology at the Pauls Stradins Clinical University Hospital in Riga, Latvia.

Deutsche Bank sees best quarter since 2014, outperforming Wall Street rivals

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German lender Deutsche Bank beat profit expectations in the first quarter, driven by strong investment banking

What Parkinson's Disease Patients Reveal About How Art is Experienced and Valued


What Parkinson’s Disease Patients Reveal About How Art is Experienced and Valued
Impaired Motor Function, like that Experienced with Parkinson’s Disease, Impacts Art Perception and Valuation, Penn Medicine Research Finds
Newswise — PHILADELPHIA— Art appreciation is considered essential to human experience. While taste in art varies depending on the individual, cognitive neuroscience can provide clues about how viewing art affects our neural systems, and evaluate how these systems inform our valuation of art. For instance, one study shows that viewing art activates motor areas, both in clear representations of movement, like Adam and Eve in Michelangelo’s
Expulsion from Paradise, and in implied movement through brush strokes, like in Franz Kline’s gestural paintings.

Euro holds eight-week highs against the dollar as dovish Fed weighs | Money

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Monday, 26 Apr 2021 08:27 PM MYT
The map of Europe is depicted on a twenty euro banknote in this photo illustration taken in Athens May 23, 2015. — Reuters pic
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LONDON, April 26 — The euro held at an eight-week high against the dollar today despite a disappointing sentiment survey in Germany as expectations the US Federal Reserve will maintain its dovish stance at a policy meeting weighed on the greenback.
German business morale improved by less than expected in April as a third wave of Covid-19 infections and problems with supply of components in the industrial sector seemed to slow the recovery in Europe’s largest economy.

Italy reopens leisure venues as parliament debates EU recovery plan

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WORLD / EUROPE
By AFP Published: Apr 26, 2021 05:43 PM
Bars, restaurants, cinemas and concert halls were scheduled to partially reopen across Italy on Monday, in a boost for coronavirus-hit businesses, as the parliament debates the government's 220 billion euro ($266 billion) EU-funded recovery plan.
After months of stop-start restrictions imposed to manage its second and third waves of COVID-19, Italy hopes this latest easing will mark the start of something like a normal summer.
Three-quarters of regions will drop into the low-risk "yellow" categories from Monday, with bars and ­restaurants permitted to restart table service ­outside, including, for the first time in six months, in the evening, although a 10:00 pm curfew remains in place.

21st Austria weekly - Immofinanz; Marinomed, Valneva, FACC, AT&S, Lenzing (21/04/2021)


25.04.2021
Immofinanz: Reals Estate company Immofinan recorded an increase in rental income and results of property sales in 2020 despite the Covid-19 crisis. Rental income rose by 3.1% to Euro 288.6 mn due to the strong growth in the portfolio during the second half of 2019, but a crisis-related increase in receivables write-offs from asset management led to substantially higher property expenses. The results of asset management totalled Euro 206.4 mn in 2020 and reflect the previous year despite these write-offs. The pandemic also had a negative influence on the valuation of investment property: revaluations totalled Euro -166.5 mn, compared with clearly positive results in the previous year (2019: Euro 193.3 mn). This reduction represents roughly 3.2% of the total property portfolio. In addition, the continuing decline in the price of the S IMMO share during 2020 led to a write-down of Euro -88.6 mn in this investment to Euro 363.6 mn. Net loss for the 2020 financial year amounted to Euro -165.9 mn (2019: + 352.1 mn). In view of the Group’s solid capital base, the Executive Board will make a recommendation to the 28th annual general meeting on 18 June 2021 to distribute a dividend of Euro 0.55 per share.

21st Austria weekly - Strabag, Immofinanz, Vienna Stock Exchange, voestalpine (19/04/2021)


25.04.2021
Strabag: Strabag subsidiary Züblin and Dreßler Bau GmbH are working together as management contractors in a consortium to realise the new public administration headquarters in the heart of Dresden. The design-and-build contract, which will leave its mark on the Dresden cityscape, was awarded by Kommunale Immobilien Dresden GmbH & Co. KG with a fixed lump sum price of Euro 116 mn. The project is based on a design by the architectural firms Barcode Architects (Rotterdam) and Tchoban Voss Architekten (Hamburg/Dresden). The contract has now been ceremoniously signed and the consortium of ZÜBLIN (66 %) and Dreßler Bau (34 %) will begin realising the striking 33 metre administration building at Ferdinandplatz scheduled for completion within a period of about four years. The detailed design phase is currently underway, to be followed by a three-year construction period from spring 2022 until late March 2025. The project will be preceded by archaeological excavations commissioned by the city of Dresden. The preparation of the excavation pit will be put out to tender separately.

Wales coach Ryan Giggs to miss Euros over assault charges | News | DW

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Wales coach Ryan Giggs to miss Euros over assault charges
The Welsh coach was charged with assaulting two women and will appear in court. Wales manager Robert Page will take over coaching duties for the national team.
Giggs will not be on the sidelines at this summer's tournament
Welsh men's national soccer team coach Ryan Giggs was charged with two counts of assault on Friday, the Crown Prosecution Service said.
The charges stem from an incident last November involving two women, according to a statement from the Greater Manchester Police.
Immediately after the announcement, the Welsh soccer governing body (FAW) said it would remove Giggs from coaching duties during the upcoming European championships.

Will the Dollar Index continue to fall? - The Hindu BusinessLine

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The level of 90 in the dollar index can halt the current decline
The US dollar index continued to trade weak all through last week. The Dollar Index fell for the third consecutive week and closed at 90.83, down 0.84 per cent for the week. The index has fallen 2.3 per cent over the last three weeks. Strength in the Euro, subdued Treasury yields, weighed on the index. There is room for the dollar to weaken further. The US Federal Reserve policy meeting this week on Wednesday will need a close watch to see if it can give a breather for the dollar index and help it recover.

Euro Little Changed After German PMI Data


Euro Little Changed After German PMI Data
BRUSSELS (dpa-AFX) - At 3.30 am ET Friday, Germany's flash PMI data has been released. The euro changed little against its major rivals after the data.
The euro was trading at 130.02 against the yen, 1.2048 against the greenback, 0.8678 against the pound and 1.1044 against the franc around 3:35 am ET.
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Euro Little Changed After Eurozone PMI Data


Euro Little Changed After Eurozone PMI Data
BRUSSELS (dpa-AFX) - At 4.00 am ET Friday, IHS Markit has published Eurozone flash PMI data. The euro changed little against its major rivals after the data.
The euro was trading at 130.09 against the yen, 1.2053 against the greenback, 0.8680 against the pound and 1.1043 against the franc around 4:05 am ET.
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Euro Climbs Ahead Of Eurozone PMI Data


Euro Climbs Ahead Of Eurozone PMI Data
Ahead of the data, the euro rose against its major rivals.
The euro was quoted at 130.09 against the yen, 1.2055 against the greenback, 0.8683 against the pound and 1.1046 against the franc at 3:55 am ET.
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Euro trades at 4.9257 RON


1 Swiss franc CHF 4.4639
1 British pound GBP 5.6702
100 Japanese yen JPY 3.7859
1 Moldovan leu MDL 0.2272
1 Russian rouble RUB 0.0543
1 new Turkish lira TRY 0.4898
1 Chinese renminbi CNY 0.6291
1 gram of gold XAU 234.5622
1 SDR XDR 5.8625
The exchange rates of the currencies included in the list are based on the quotations of the banking companies authorized to carry out operations on the currency market. This list does not make it compulsory to use the exchange rates of currencies and gold in actual transactions of currency exchange and book entries.

Euro Strengthens As Eurozone Business Activity Improves To 9-month High


Euro Strengthens As Eurozone Business Activity Improves To 9-month High
CANBERA (dpa-AFX) - The euro moved higher against its major trading partners in the European session on Friday, as Eurozone business activity accelerated in April to the highest since last July due to a record expansion in manufacturing output and a return to growth in the service sector after the imposition of restrictions.
Flash data from IHS Markit showed that the composite PMI rose to 53.7 in April from 53.2 in March. The expected score was 52.8.
The services PMI climbed to an 8-month high of 50.3 from 49.6 in March. Economists had expected a score of 49.1.

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