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U.S. Initial Jobless Claims Dip More Than Expected


U.S. Initial Jobless Claims Dip More Than Expected
WASHINGTON (dpa-AFX) - First-time claims for U.S. unemployment benefits fell by more than expected in the week ended May 8th, according to a report released by the Labor Department on Thursday.
The report said initial jobless claims dipped to 473,000, a decrease of 34,000 from the previous week s revised level of 507,000.
Economists had expected jobless claims to edge down to 490,000 from the 498,000 originally reported for the previous week.
With the bigger than expected decrease, jobless claims once again fell to their lowest level since hitting 256,000 in the week ended March 14, 2020.
Copyright RTT News/dpa-AFX ....

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Top Tier Capital Partners Surpasses Target with Nearly €260 Million Raised for Dedicated European Venture Capital Fund of Funds


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Totaling $1.5B for the 2019-2020 family of funds, TTCP has also expanded its team
SAN FRANCISCO, May 13, 2021 /PRNewswire/ Top Tier Capital Partners (TTCP) today announced it has closed on nearly €260 million EU (approximately USD 310 million) in new capital commitments for a dedicated European investment fund, exceeding its target of €250 million. This builds on the nearly $1.2 billion raised for Top Tier Venture Capital IX, Top Tier Venture Velocity Fund 3, and related separate accounts, bringing the total capital committed across the family of funds to $1.5 billion. Focused almost entirely on European funds with some investments in Israel, the Luxembourg-based investment fund seeks to invest broadly across the region, including in niche-focused venture funds and high-growth, expansion-stage technology startups. The fund will also invest into strategic secondaries and co-investments. ....

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Child hospitalised after crash in Epsom, Auckland


Child hospitalised after crash in Epsom, Auckland
12 May, 2021 10:05 PM
3 minutes to read
A child was injured in the crash. Photo / Tim McCready
NZ Herald
A child has been injured in a crash that caused some delays in central Auckland early today.
Emergency services were called to a crash on the corner of Kipling Ave and Manukau Rd, in Epsom, shortly before 8.30am.
St John confirmed one person was taken to Starship Children s Hospital in a moderate condition.
Six other people were assessed and treated by paramedics at the scene. Their conditions were all ruled to be minor.
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Several fire trucks were also called to the crash site and traffic quickly built up in the area. ....

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India's Daily COVID-19 Cases Climb To New World Record


India s Daily COVID-19 Cases Climb To New World Record
More than 412,000 new cases and nearly 4,000 deaths registered as country battles second wave of pandemic.
India set a new global record Thursday after the country registered its biggest single-day rise in coronavirus cases of over 412,000 in the last 24 hours.
The Health Ministry reported 412,262 new cases, taking the country s total number of infections to over 21 million. With a record 3,980 new fatalities, the death toll reached 230,168.
It marked the second time that the country s daily cases surpassed 400,000. Last Saturday, India registered 401,993 daily infections. Many experts also believe that cases and deaths are undercounted. ....

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