Conclave Picks Robert Prevost, Who Will Be Pope Leo
“Habemus Papam.” We Have a Pope.
After days of feverish speculation American Cardinal Robert Francis Prevost was announced as the 267th leader of the world’s 1.4 billion Catholics.
“Annuntio vobis gaudium magnum. Habemus Papam [I announce to you a great joy. We have a pope,” said French Cardinal Dominique Mamberti as he introduced the man who will take over from the beloved Pope Francis, who died on April 21.
“He will take the name Leo the 14th” he said in Latin to rapturous cheers from crowds that had been gathering in St. Peter’s Square since white smoke poured from the chimney above the Sistine Chapel, where the election took place, a little more than an hour before.
This is a developing story.
BofA says these trades combine seasonals for 3Q, the month and the presidential cycle
Bank of America looks at seasonal trades for the third quarter, the coming month and the second year of a presidential cycle.
India's biggest share sales tell the story of a country glued to its phones
China factory activity grows faster than expected in June on tech export demand
China's manufacturing engine held up this year as surging demand for artificial intelligence technology helped offset the drag from Middle East turmoil.
Australia's competition regulator takes Amazon to court over alleged unfair Prime subscription contract terms
Australia's competition regulator is taking Amazon to court, alleging its Prime contracts required subscribers to pay AU$2.99 to avoid advertising, with no option for refunds
Japanese yen sinks to weakest level since 1986, keeping intervention risks in focus
The Japanese yen weakened to its lowest level against the U.S. dollar since 1986 on Tuesday, keeping investors on alert for possible intervention from Japanese authorities.