Economy 1054
Wuhan wet market is the ‘victim’ of coronavirus outbreak, China’s CDC says
The Wuhan wet market believed to be the origin of the coronavirus pandemic has been unfairly made into a scapegoat for the pandemic, China’s top health official claimed. “At first, we assumed
Why Many Cloud Computing Stocks Crashed Today
The stocks behind popular cloud-based business services such as Okta, Datadog, and Twilio fell sharply on Wednesday.
Target - On Target, Fairly Valued
Target is enjoying real momentum in sales, driven by digital and essential categories. The store base and specific headwinds in certain categories, including th
Americas will be hardest hit by COVID-19 job losses: ILO
The Americas will bear the brunt of an estimated 305 million job losses that the COVID-19 pandemic will cause worldwide between April and June, ...
Dow closes 550 points higher, as investors look past dismal economic data and escalating U.S.-China tensions
Major U.S. stock benchmarks roared higher Wednesday, despite the battered state of the economy and rising tensions between Beijing and Washington as...
UPDATE 1-COFCO to turn Santos port terminal from grains to sugar - statement
(Adds details of operation, context on sugar market)By Roberto Samora and Marcelo TeixeiraSAO PAULO/NEW YORK, May 27 (Reuters) - Chinese commodities trader COFCO International said on Wednesday it will use its 12A terminal in Brazil's Santos port to move sugar instead of grains beginning in July and through the end of the year.
India may need to pump $20 bln into coronavirus-hit state banks: Sources
India may need to inject up to 1.5 trillion rupees ($19.81 billion) into its state-owned lenders as their pile of soured assets is expected to double during the coronavirus pandemic, three government
‘Avalanche of Evictions’: Many Americans Face Homelessness as Moratoriums Lifted
Many Americans are facing unemployment and could soon be evicted amid the COVID-19 pandemic, despite temporary government assistance.
The best HDMI cables
The best HDMI cable doesn't have to cost a fortune. We've rounded up the best HDMI cables that are also affordable.
Zillow: The Stock Is A Zell
Zillow has built a tremendous following for its residential real estate website. But the business has only just moved into the black and has limited further ups
Money laundering case: DHFL promoters Wadhawans sent to jail
Kapoor is currently in the ED's custody. The Wadhawans are also being probed by the CBI in connection withthe same case.
Dow Up More Than 500 Points on Economic Confidence
Shares of retailers like Macy's, Kohl's, and the Gap rose sharply as investors cheered evidence that the economy is recovering. | Economy
A car-rental company previously owned by Hertz just filed for bankruptcy for the third time since 2008, Business Insider - Business Insider Singapore
Business Insider - The intertwined stories of Hertz and Advantage reveal how dozens of financial and strategic blunders sank both firms into massive debt.. Read more at businessinsider.sg
India may need to pump Rs 1.5 L crores into coronavirus-hit state banks
India may need to inject up to Rs. 1.5 lakh crore ($19.81 billion) into its state-owned lenders as their pile of soured assets is expected to double during the coronavirus pandemic, three government
Tshinga Dube calls for GNU to rescue economy
FORMER War Veterans minister Tshinga Dube is known for his straight talk and fearless character. A long-time serving Zanu-PF member and a liberation stalwart, T...
Online sales surge helps Ralph Lauren recover in China
Ralph Lauren Corp reported a 15.4per cent fall in quarterly revenue on Wednesday after its outlets and department stores across the world were ...
Samsung ties up with digital payment platform Benow to boost online to offline sales
As Samsung had a large retail network in the consumer electronics industry, this partnership will digitally empower retail partners across India, especially the ones in smaller cities and towns
A car-rental company previously owned by Hertz just filed for bankruptcy for the third time since 2008
The intertwined stories of Hertz and Advantage reveal how dozens of financial and strategic blunders sank both firms into massive debt.
Catholic Minnesota diocese to pay $22.5M to sexual assault victims
The Roman Catholic diocese of Saint Cloud in Minnesota announced in a statement Tuesday they will pay $22.5 million to 70 victims of clergy sexual assault and file for Chapter 11 bankruptcy.
Ethereum is Ready For Heavy Volatility, And Analysts Predict a Big Rally
It's been a quiet past few days for Ethereum and the rest of the crypto market.
Peter Dunne says the Government will be worried that soon public concern about the social and economic impact of Covid19 - already sharply on the rise - will overtake support for the approach the Government has taken so far
Peter Dunne says the Government will be worried that soon public concern about the social and economic impact of Covid19 - already sharply on the rise - will overtake support for the approach the Government has taken so far
States Sue to Block Trump From Weakening Fuel Economy Rules
At stake in the lawsuit is the single biggest effort by the United States to fight the climate crisis.
Unemployment will be higher in the US than in other advanced economies through 2021, Goldman says
A lack of stricter job-preservation policies and expanded unemployment benefits will prolong the US's labor-market recovery, Goldman economists said.
Kenney says targeted approach needed to prevent COVID-19 resurgence
Premier Jason Kenney says Alberta has been among the world leaders in staunching the spread of the COVID-19 pandemic, but at a staggering financial cost the province cannot afford to repeat should there be a second wave.
Unemployment will be higher in the US than in other advanced economies through 2021, Goldman says, Business Insider - Business Insider Singapore
Business Insider - A lack of stricter job-preservation policies and expanded unemployment benefits will prolong the US's labor-market recovery, Goldman economists said.. Read more at businessinsider.sg
A car-rental company previously owned by Hertz just filed for bankruptcy for the third time since 2008
A former subsidiary of Hertz just went bankrupt, claiming more than $500 million in debt.
Unemployment will be higher in the US than in other advanced economies through 2021, Goldman says
Lasting fallout in the US labor market will keep the unemployment rate higher than in peer countries for more than a year, Goldman Sachs economists said in a Tuesday note.
The very good HyperX Cloud MIX gaming headset is on sale for $130
A headset for both gaming and on-the-go audio.
Email scam aims to drop Dridex on machines by impersonating FedEx, UPS
Hackers are sending spoofed emails that appear to be from FedEx, UPS and DHL that are meant to infect victims’ computers with Dridex.
Not For A Film Break! Esha Gupta Dropped Out Of Her Law Course In England Due To A Personal Crisis!
Did you know that Esha Gupta was studying law from the Newcastle University, England? In a recent tete-a-tete with a leading daily, actress Esha Gupta made some unknown revelations about her studies and career. Esha wasn’t prepared for entering into showbiz initially.
5 Top Stock Trades for Thursday: TWTR, ZM, TSCO, COST, JWN
Costco Wholesale, Twitter, Nordstrom, Tractor Supply and Zoom Video were our top stock trades on Wednesday. So, let's look at the charts.
India may need to pump Rs 1.5 lakh crore into coronavirus-hit state banks
India may need to inject up to Rs 1.5 lakh crore ($19.81 billion) into its state-owned lenders as their pile of soured assets is expected to double during the coronavirus pandemic, three government
LIVESTOCK-Cattle futures rise on economic optimism, discount to cash prices
By Karl PlumeCHICAGO, May 27 (Reuters) - U.S. cattle futures rallied for a second straight day on Wednesday as easing coronavirus restrictions around the country bolstered optimism about the outlook for the economy and beef demand.U.S. stocks rose, with the S&P 500 closing above 3,000 for the first time since March 5, as further easing of lockdowns lifted investor optimism.
Nikola Motor: Investing In The Truck Of The Future
Nikola Motor will compete with the biggest names in trucking, but it won't make a dent to market share until 2024. A very strong product line-up means it can co
$3b saved as NSW public service pay frozen
NSW is freezing pay increases for 410,000 public servants for a year and will use the $3 billion in savings for job creation and recovery.
Haryana liquor scam: Key member to retire on May 31, govt yet to empower SET
About 5,500 boxes of liquor which were recovered from smugglers by police and excise officials in 14 cases had disappeared from its stock in Sonipat district which had prompted the probe into the matter.
'We know businesses are hurting': Qld Tourism Minister
Queensland Tourism Minister Kate Jones says it is a delicate balance between health and the economy when dealing with the coronavirus.
Huawei CFO loses bid to dismiss US extradition request
Huawei Technologies chief financial officer Meng Wanzhou was dealt a setback by a Canadian court on Wednesday as she tries to avoid extradition to the US to face bank fraud charges.
GBP/USD Price Analysis: Finds some support near 38.2% Fibo./descending channel confluence region
The GBP/USD pair stalled its overnight strong bullish momentum near the 50% Fibonacci level of the 1.2644-1.2076 recent downfall and witnessed a modes
Boeing cutting more than 12,000 jobs with layoffs, buyouts
The company said it will lay off 6,770 workers this week, and another 5,520 are taking buyouts.
Woot is blowing out these essential Anker charging and audio accessories
Well-reviewed Anker accessories are on sale at Woot today including must-haves like chargers, cables, Bluetooth speakers, wireless headphones, and much more. Grab 'em before it all sells out.
South Korean national drops plan to leave country
A South Korean national who had come as a technical expert to probe into the styrene vapour leak from LG Polymers plant in Visakhapatnam, dropped his plan to leave the country in the last minute, on W
'Catch-up rally': banks tower above the rest on ASX
The combined value of the big four swelled by almost $20 billion in just a few hours of feverish trading on Wednesday.
Defying pandemic, gay couples hold first marriages in Costa Rica
Marco Castillo and his boyfriend, Rodrigo Campos, waited just a few hours to take advantage of a new law in Costa Rica that made the country the first in Central America to allow same-sex marriage.
Businessman splurges on lamborghini, 2 jeeps and 2 porsches
A businessman from Joburg left social media users' tongues wagging when he shared a video showing off his new luxury vehicles. He bought 5 cars in one day.
Barcelona 'ready to sell 6 players' to raise money for summer transfers
Barcelona have their sights set on Lautaro Martinez and Miralem Pjanic this summer but will have to offload players to raise transfer funds
The close: Markets rise with economic hopes; RBC reclaims top spot as Canada’s most valued stock
Strength in the financial sector offset losses in the materials sector
Reconsider decision to convert Jayalalithaa's residence into memorial, HC tells Tamil Nadu government
A division bench of Justices N Kirubakaran and Abdul Quddhose also suggested that 'Veda Nilayam,' located in the upmarket Poes Garden, be converted into the official residence of the chief minister of the state, while a portion of the property can be a memorial if needed.
News Corp to cut hundreds of jobs in restructure
News Corp is on the verge of announcing large scale job cuts as it restructures its Australian publishing business, and moves many of its regional and community newspapers into a digital only model.
Woot is blowing out these essential Anker charging and audio accessories while supplies last
Well-reviewed Anker accessories are on sale at Woot today including must-haves like chargers, cables, Bluetooth speakers, wireless headphones, and much more. Grab 'em before it all sells out.
A's to place scouts on furlough, end minor league pay
The Oakland Athletics are placing their scouts and a significant number of other front office employees on furlough, suspending pay for minor leaguers and cutting the salaries of other executives as part of a cost-cutting move in response to the COVID-19 pandemic.
Supermarkets see fastest sales jump in 26 years with online orders soaring
Kantar found that sales jumped 14.3% in the 12 weeks to May 17 in grocers, including the period of lockdown when restaurants, bars and pubs shut.
Renault and Nissan deepen cooperation in bid for survival
TOKYO, May 27 — Renault, Nissan Motor Co and Mitsubishi Motors Corp said today they would each take a lead on car manufacturing in different regions in a wide-ranging revamp of their partnership to slash costs and survive. The three carmakers are reeling from the coronavirus pandemic which...
Commentary: More action needed to bolster economy — and quickly
A dollar spent on speeding our recovery today will pay off with dividends across the decades to come.
Oil falls on demand concerns, US-China tensions
Oil prices fell on Wednesday on concerns over how quickly fuel demand will recover even as lockdowns ease in many countries with falling coronavirus cases, with U.S.-China tensions adding to the
Samsung Galaxy S20 shipments are way way down compared to Galaxy S10
New tracking data shows that the most popular Galaxy S20 device shipped far fewer units than the most popular S10, suggesting reduced sales too.
EUR/USD: The safe-haven US dollar is gaining some ground
EUR/USD has been retreating amid intensifying Sino-American relations as speculation about the next central bank moves stands out, Yohay Elam, an anal
Q4 GDP: Where will India be when this dreadful year finally ends? Today's numbers will show the first signs
The nationwide lockdown announced from March 25 brought the entire economy to a standstill .
Asian stocks pull back as Hong Kong uncertainty weighs
Asian shares shed some of their recent gains on Wednesday as investor concerns about rising tensions between the United States and China tempered ...
Is this the death knell for bank branches?
Older people and small businesses are the big users of bank branches. But bankers are waiting to see how much their behaviour has changed in the wake of the pandemic.
Oil falls on demand concerns, US-China tensions
Oil prices fell on Wednesday on concerns over how quickly fuel demand will recover even as lockdowns ease in many countries with falling ...
Trudeau points to job listings
UPDATE 8:48 a.m. Wednesday morning was Prime Minister Justin Trudeau's 65th early morning address to Canadians from Ottawa.
$400-M ADB loan to fund PH capital market dev’t
The Asian Development Bank has approved a $400-million policy-based loan to support the government’s efforts to strengthen domestic capital markets and reach its development goals of high, sustained economic growth, and poverty reduction.
Stocks in focus: RIL, Bharti Airtel, Sun Pharma, Titan, United Spirits among others to remain in news
Dabur India, Sun Pharmaceutical, Aditya Birla Fashion, JP Associates and Tata Investment Corporation are among 21 companies that slated to announce their March quarter earnings today.
Outdoor spaces and improved transport options - how a new east Manchester arena could lead on sustainability as well as boosting the economy
OVG aim to make the proposed new east Manchester arena the most sustainable in the UK
Shares in Latin America's biggest airline plunge after bankruptcy filing
Shares in Latin America's largest airline plunged on the New York and Santiago stock exchanges on Tuesday after LATAM filed for bankruptcy in the US.
Why Technology Is Proving Surprisingly Defensive
In mid-February, the market was at an all-time high, unemployment was at a 50-year low and investors were starting to contemplate a Sanders presidency. Despite
Supermarkets see fastest sales jump in 26 years with online orders soaring
Kantar found that sales jumped 14.3% in the 12 weeks to May 17 in grocers, including the period of lockdown when restaurants, bars and pubs shut.
How To Keep Fraudsters From Scamming Banks Across Every Nook And Channel
The May FI Fraud Decisioning Playbook examines the issue of omnichannel fraud and the strategies that banks and credit unions are using to detect and thwart it.
Global spending on oil to drop by $1 trillion in 2020 says IEA
Investment in energy sector will see its biggest drop this year says the agency
Hong Kong unrest worries curb global shares rally
TOKYO, May 27 — Unrest in Hong Kong over Beijing’s proposed national security laws weighed on global shares and oil prices today, offsetting optimism about the re-opening of the world economy. Riot police fired pepper pellets on protesters in Hong Kong’s main business district, rekindling...
Only The Lonely Can Play
Great investment opportunities are lonely. History shows us the crowd behaviors to avoid and the investment market circumstances to capitalize on. We believe we
Congress to launch “Speak Up” campaign on economic crisis created by lockdown
Party’s main demand is assistance of ₹10,000 for every family that falls outside I-T bracket
Innovating The ATM Beyond Cash
PYMNTS explores the influx in PPP loan applications, an overview of new ATM and ITM technologies and Redwood Credit Union's latest digital innovations.
Supermarkets see fastest sales jump in 26 years with online orders soaring
Kantar found that sales jumped 14.3% in the 12 weeks to May 17 in grocers, including the period of lockdown when restaurants, bars and pubs shut.
Xiaomi to launch TWS earbuds in the Indian market under Redmi Phone Plus strategy
The Chinese tech giant, Xiaomi, is one of the most popular brands in India. The company and its subsidiary consider the Southeast Asian market as a very important region and have said that it will launch new products under Redmi‘s “Phone-Plus” strategy. According to Xiaomi India’s Chief Marketing Officer, Anuj Sharma, “We have finalized the …
House Passes Uighur Bill in Rebuke to China, Sends It to Trump
The U.S. House voted Wednesday to authorize sanctions against Chinese officials for human rights abuses against Muslim minorities, as Congress and the White House ratchet up pressure on the government in Beijing amid rising tensions between the world’s two biggest economies.
Millions gone in Delta market fires - The Nation Nigeria
No fewer than 300 shops were on Tuesday razed in Asaba, the Delta State capital. Gone with shops were articles valued at millions
Virus sparks record drop in energy investment: IEA
The energy industry is set to suffer a record drop in investment due to the coronavirus fallout, the IEA said on Wednesday, and while renewables are likely to fare better than oil, any swift economic ...
Gold Price Forecast: New Trend Lower is Forming
Gold prices are have fallen for three days in succession now and mid-week trade sees the precious metal lower at $1708. Analyst and technical forecaster Richard Perry of Hantec Markets says there is a risk gold shifts into a near-term downtrend
FIs Or FinTechs: Who Will Power Banking’s Big Digital Shift?
As banking continues to go digital, five experts talk about the ways financial institutions can break out and thrive by focusing on agility and partnerships.
Drugmaker Sanofi to raise over $11 billion via sale of Regeneron shares
Earlier this week, Regeneron had said it would repurchase about $5 billion of its shares directly from Sanofi, without altering their over-a-decade-long partnership
USD/BRL: 6.00 is a realistic upper barrier – Credit Suisse
Analysts at Credit Suisse think the more forceful FX intervention language and improved external sentiment warrant a range approach to USD/BRL, target
Spoilers: Vinny discovers the truth about dad Paul in Emmerdale
Vinny learns the shocking truth during tonight's visit to the Dales, as 'Alex's facade drops.
Woot is blowing out these essential Anker charging and audio accessories
Well-reviewed Anker accessories are on sale at Woot today including must-haves like chargers, cables, Bluetooth speakers, wireless headphones, and much more. Grab 'em before it all sells out.
Police hunt man who exposed himself to woman in rural Stockport
The man was about 50 and was wearing striped clothing
Amazon and other stay-at-home stocks are starting to stall. They may hold the key to the market, strategist says.
While value and small caps are starting to recover, the stay-at-home stocks are starting to lose steam. One strategist is concerned.
How primary schools will look from June 1 as teachers section off classrooms and corridors – and kids will queue in pens
A PRIMARY school has revealed how classrooms will look from June 1 with children being dropped off into pens and sent home if they refuse to social distance. Pupils at Kingsholm church of England s…
Samsung Money is a debit card tied to Samsung Pay
Samsung has introduced a debit card, Money, that's tightly linked to Samsung Pay.
'What is HBO Max?': Here's what you need to know about HBO's streaming service answer to Netflix and Hulu, Business Insider - Business Insider Singapore
Business Insider - HBO Max is available now with a price tag of $14.99 a month for more than 10,000 hours of original and licensed content.. Read more at businessinsider.sg
COVID-19 rent aid for businesses, landlords to cost $520 million, PBO says
Parliament's spending watchdog estimates a federal program aimed at giving small businesses a break on their rent could cost the public purse $520 million this fiscal year.
Rising global crude price raises India's basket 93% to $33
The price of Indian basket, which went down to $16.92 a barrel on April 27, surged by 93 per cent since then to $32.63
Locust attack may benefit these stocks as agrochemicals usage shoots up; check target prices
Large swarms of locusts were seen across the states of Rajasthan, Madhya Pradesh, and parts of Maharashtra in the past few days, prompting fear of how bad the agriculture could be hit by such pest attacks.
ACB Stock Price: Aurora Cannabis Inc. remains on the defensive below $16.00
Aurora Cannabis Inc. (ACB) is down for the third consecutive session on Wednesday, slipping back below the $16.00 mark per share and flirting at the s
Dow climbs 325 points as investors cheer efforts to boost global economies
US stocks rose Wednesday as investors were encouraged by signs that international authorities are taking measures to boost the global economy.
Salaries get chopped for many Americans who manage to keep jobs
Americans taking pay cuts 'might have little, and in some cases maybe nothing, left over after that for discretionary purchases'
Market movers: Stocks that saw action on Wednesday - and why
Royal Bank of Canada and Bank of Montreal both rise in early trading after releasing disappointing quarterly results
A.O. Smith partners with FoxyMoron to enhance digital presence
The agency will be responsible for building the brand's social presence and increasing market penetration and consumer engagement
Japan approves fresh $1.1 trn stimulus to combat Covid-19 economic fallout
The latest package includes 33 trillion yen in direct spending, the Ministry of Finance (MOF) said.
Another economic crisis and the cupboard appears bare
We need a new accord with government, unions and industry around a new set of reforms to build a sustainable recovery.
AUD/USD plummets to session lows, further below 0.6600 mark
The AUD/USD pair extended its sharp intraday pullback from the highest level since mid-March and dropped to fresh session lows, below the 0.6600 mark
GOG's summer sale brings demos of Desperados 3 and the System Shock remake
And there are cheap games, of course.
Your Favorite $179 Apple Watch Series 3 Deal is Back, Available in Both Space Gray and Silver
The Apple Watch Series 3 has dropped to $179 once again and the deal is available for both Space Gray and Silver color options.
Off-price retailer Tuesday Morning has filed for bankruptcy with plans to close 230 stores, Business Insider - Business Insider Singapore
Business Insider - Tuesday Morning, which has nearly 700 stores specializing in off-price home goods, has filed for bankruptcy.. Read more at businessinsider.sg
Nevada governor to allow casinos to reopen next week
Nevada Gov. Steve Sisolak (D) on Tuesday announced that the state’s casinos will begin reopening next week, a move that could provide a big economic boost amid the coronavirus’s burgeoning economic
It’s Time to Sell Wildly Unprofitable United Airlines Stock
Warren Buffett didn't sell UAL stock just because he is scared. United Airlines faces a long road to recovery, and it isn't worth a buy here.
GTA 6's release window possibly revealed by Take-Two
As reported by VentureBeat, Take-Two’s filing shows that it plans to spend $89 million on marketing between April 2023 and March 2024. That’s more than double the marketing budget for any other year over the next half a decade, suggesting…
Expect Canopy Growth Stock to Pass Its Big Earnings Test
CGC stock has rallied from March lows along with other cannabis stocks. As the sector shows signs of life, Canopy earnings need to be solid.
Sonu Sood’s humble response is winning the internet after a fan compares him to Amitabh Bachchan
Bollywood actor Sonu Sood is leaving no stone unturned to help the migrant workers who are stranded away from their homes and without jobs amid the na
Renault and Nissan rule out merger as they unveil survival plan
Companies to cooperate more closely on car production to save costs
India's GDP growth may rebound to 5 pc in FY22, says Duvvuri Subbarao
Indian economy may expand by around 5% in the next financial year,ex-RBI guv Duvvuri Subbarao said.
Free childcare has shown the benefits of generous government subsidies
The impact of the coronavirus shutdown is set to leave a permanent scar across the entire childcare industry.
Walmart is now selling used goods from Nike, Coach, Michael Kors and more as it dives into the $32 billion resale market, Business Insider - Business Insider Singapore
Business Insider - Walmart is partnering withe the resale site ThredUp to sell used clothing, shoes, accessories, and handbags on its website.. Read more at businessinsider.sg
Nyali School Management Accused Of Embezzling Funds As School Runs Bankrupt
The Nyali School is now allegedly bankrupt and forcing parents to pay second term fees in full a year after buying school buses at an exaggerated prices, Kahawa Tungu can reveal.Sources in the sch
Walmart is now selling used goods from Nike, Coach, Michael Kors and more as it dives into the $32 billion resale market
Walmart is partnering withe the resale site ThredUp to sell used clothing, shoes, accessories, and handbags on its website.
UP’s Industrial Units Seek To Employ 5 Lakh Returnee Migrant Workers From Yogi Govt’s Skill Mapping Data Bank
An official spokesperson said that the Yogi govt was determined to ensure employment for all migrant workers.
DC Trivia #17: Every Superhero Needs To Plan Look Breaks For THIS Legit Reason
DC Trivia #17: We all get that 'wow' feeling when seeing Christian Bale in a Batman suit or drool over Margot Robbie's Harley Quinn costume. But, do you know every DC superhero has a weird rule to f
Roche, Novartis highlight intensifying rivalry in eye disease, MS
ZURICH (Reuters) - Swiss drugmakers Roche and Novartis underscored how their portfolios are increasingly clashing on the commercial battlefield, announcing on Wednesday new data on drugs aimed at capturing market share from each other.
RNLI boss urges Government to restrict access to beaches until lifeguards return
Local RNLI crews were called out several times over the Bank Holiday weekend to rescue people in trouble along North Somerset coast
Cuomo granted immunity to nursing home executives, after big-money campaign donation: report
New York Gov. Andrew Cuomo, who signed legislation granting hospital and nursing home executives immunity from lawsuits related to the novel coronavirus last month, previously received a big-money boost from a powerful health care industry group, according to a new report.
Coronavirus Lockdown XVII: The economics behind India's Rs 21 lakh crore package
The package is completely aligned to self-professed agenda of the IMF of limiting fiscal spending, relying on liquidity and credit to households, privatising government-run companies and more deregulations for private enterprises. This agenda has brought immense grief to a large number of countries to be comforting
Clarification to a Sunday Mail article dated 10/05/20: Scots banking tycoon accused of cashing in on coronavirus
We now accept that the source of the price increases was abroad and that Wright Cottrell had no control whatsoever of these market changes.
EU plans a record-breaking $826 billion stimulus package to soothe Europe's economic pain from the coronavirus
The European Commission on Wednesday proposed a €750 billion (about $826 billion) stimulus package to help the European Union recover from ...
More Unified Approach to Public Procurement Needed to Boost Kazakhstan’s Economic Recovery
Kazakhstan has made significant efforts over the past two decades to bring its public procurement system closer to international standards, but a considerable part of procurement activity has yet to meet these standards, thereby limiting overall effectiveness and efficiency, says a World Bank Assessment. “We acknowledge that the rules and institutions of Kazakhstan’s public procurement […]
Tesla (NASDAQ: TSLA) Shares Have a Further Upside Bullish Potential of 64 Percent to $1,350, According to Wedbush Securities
Tesla has received another bullish endorsement with the Wedbush Securities analyst Dan Ives raising the company's stock price target by 33%
Quick Profits from the Push out of Tech
We have a chance to open a new position in one of our favorite stocks: Microsoft (NASDAQ:MSFT).
Report: US demanding Israel drop claims to areas beyond sovereignty plan - Inside Israel
Israeli officials say US is pushing Israel to accept sovereignty plan as final border, drop claims to rest of Judea & Samaria
Singapore: GDP could contract 4%-7% this year – UOB
Singapore’s economic activity carries the potential to contract between 4% and 7% this year as a consequence of the impact of the coronavirus crisis o
Off-price retailer Tuesday Morning has filed for bankruptcy with plans to close 230 stores
Tuesday Morning, which has nearly 700 stores specializing in off-price home goods, has filed for bankruptcy.
Dow climbs 325 points as investors cheer efforts to boost global economies, Business Insider - Business Insider Singapore
Business Insider - The European Commission proposed on Wednesday a $826 billion stimulus package intended to aid recovery from the ongoing recession.. Read more at businessinsider.sg
Global Yields For Stocks And Bonds
The U.S. stock market has continued its decade-plus of dominance versus global peers during the 2020 sell-off despite a less-than-stellar domestic response to t
Trying To Buy A Switch Now Is Just Ridiculous
The covid-19 outbreak created an economy of scarcity. Overnight, goods such as toilet paper, cleaning products, and hand sanitiser became valuable commodities. Meanwhile scalpers seized upon the opportunity to hoard and resell those items at ridiculous mark-ups. But as stocks are replenishing, one item that hasn’t...
Off-price retailer Tuesday Morning has filed for bankruptcy with plans to close 230 stores
Off-price retailer Tuesday Morning has filed for bankruptcy. The company plans to close approximately 230 of its stores.
Samsung Money is the company’s new Samsung Pay-linked debit card program
Another tech company debit card.
'Rally of hope': Why the S&P soared back past 3,000
Unthinkable just two months ago as the world economy shut down in response to the coronavirus pandemic, the U.S. stock benchmark S&P 500 index ...
Xi Jinping asks Chinese military to prepare for 'worst-case scenarios'
Jingping comments came in the backdrop of the continuing standoff between the militaries of India and China at the Line of Actual Control
Maxim turns to controversial cover model contest during financial struggles
Financially struggling Maxim is once again turning to a controversial cover-model contest to help it through the uncertain economic times, Media Ink has learned. Maxim unveiled its latest such contest
Home building down 1.6pc, with worse to come
Residential construction slowed to 1.6 per cent in the first three months of the year - the slowest rate of decline since March quarter last year - but economists expect GDP will still be negative for March.
Pound Sterling Price News and Forecast: GBP/USD's 50-day EMA, 11-week-old resistance line in focus
Having flashed over 1.0% gains the previous day, GBP/USD buyers catch a breather around 1.2330/35 amid the early Asian session on Wednesday. While bul
Air apparent: Hungarian carrier Wizz targets Gatwick hub to take on Ryanair
Wizz Air is plotting a major expansion at London Gatwick as rival carriers pull back, paving the way for the Hungarian low-cost carrier to emerge from the travel downturn with a bigger presence in the world's busiest city for passenger traffic.
Japan eyes fresh US$1.1t stimulus to combat pandemic pain
TOKYO, May 27 — Japan will compile a fresh stimulus package worth US$1.1 trillion (RM4.8 trillion) that will include a sizable amount of direct spending to cushion the economic blow from the coronavirus pandemic, a draft of the budget obtained by Reuters showed today. The stimulus, which will be...
EU to unveil massive stimulus plan for post-coronavirus recovery
The aim is to help countries and sectors worst hit by the COVID-19 pandemic recover quickly and protect the EU single market of 450 million people from being splintered by divergent economic growth and wealth levels as the 27-nation bloc emerges from its deepest ever recession expected this year.
CMCO: Four-in-a-car rule dropped – vehicles now allowed to have passengers according to capacity
From today, drivers will be allowed to have the permissible number of passengers according to the capacity of their respective vehicles. This was revealed
Centre asks states, UTs to negotiate with private labs, bring down test price
Incidentally, 182 private labs in the country make up 29 per cent of the total testing infrastructure. There are 428 government laboratories where Covid testing is currently taking place.
Active Managers Continue To Flounder
Hot money managers underperform their benchmarks once they are identified. Actively managed funds liquidate or change style with high frequency. Recent data rei
Covid Impact: Over 4,400 jobs cut by 5 major Indian companies in 1 month
In total, five companies — Uber India and South Asia, Ola, Zomato, Swiggy and Cure.fit — have together announced the reduction of around 4,441 jobs in the last one month.
Mega lockdown puts India’s animal spirits to sleep in April
The numbers offered the first glimpse of the devastating hit to the economy.
Private Labs, Take Note! ICMR Says Price Cap of Rs 4,500 For COVID-19 Test Not Applicable, States/UTs Advised to Negotiate
The ICMR has also asked states and Union Territories (UTs) to negotiate with private labs to fix "mutually agreeable" rates for the test.
Inside Khloe Kardashian's Calabasas mansion she's selling for £16 million
Khloe Kardashian has put the mansion she bought with ex-husband Lamar Odom on the market and could make a cool £10m million profit from the property
Japan eyes fresh $1.1 trillion stimulus to combat pandemic pain
Japan will compile a fresh stimulus package worth $1.1 trillion that will include a sizable amount of direct spending to cushion the economic blow from the coronavirus pandemic, a draft of the budget obtained by Reuters showed on Wednesday. The stimulus, which will be funded partly by a second extra
Latest rate cut is adding to record corporate bond sales
Policy steps to channel more funds to smaller borrowers have struggled to gain traction.
My Top New England Bank Pick For The 2020s
Earlier this month, I had the opportunity to talk with Curtis Simard, President/CEO of Bar Harbor Bank & Trust, a $3.67 billion bank operating in Maine, Vermont
Huawei CFO Meng Loses Key Court Argument in Fight Against Extradition To United States
Huawei's Chief Financial Officer Meng Wanzhou has lost a key aspect of the trial on her extradition to the United States, a Canadian court announced on Wednesday. From a report: Meng, a Chinese citizen, was arrested in December 2018 on a warrant issued by U.S. authorities, who accuse her of bank fra...
Government may get RBI to monetise deficit
India Business News: The Centre is likely to look at the option of the Reserve Bank of India (RBI) monetising the deficit in the second half of the financial year, a senio
Maharashtra: Nashik farmers unable to sell onions at fair prices
Farmers in Nashik have said that they are facing losses as they are unable to sell onions at fair prices.'Our earnings are not even supporting the expense of fuel to carry them to market,' a farmer said
Gold Price News and Forecast: XAU/USD bears pause around two-week low above $1,700
Gold consolidates losses near the lowest since May 13 while taking rounds to $1,711/12 amid the early Asian session on Wednesday. The bullion dropped
India’s Covid count set to cross 1.5 lakh, fresh cases dip to 5.5k
India News: India’s count of Covid-19 cases was set to cross the 1.5 lakh mark, even as the number of fresh infections reported on Tuesday dropped slightly to its
India’s weekly unemployment rate continues to be over 24%: CMIE
As on May 25, India’s average unemployment stood at 24.5 per cent, where urban unemployment was at 26.3 per cent and rural at 23.7 per cent.
Modi govt denying people benefit of low oil prices; no other nation doing so: Moily
When nations around the world have passed on the benefit of plunging oil prices to consumers, the Modi government has irrationally kept petrol and diesel prices at levels prevalent when crude prices had touched an all-time high of USD 107 few years back, former petroleum minister M Veerappa Moily said Tuesday.
SANTELESAMISOK Launches New Entertainment Company, Paving the Way for Independent Artists
SINGAPORE, May 27, 2020 /PRNewswire/ -- Known as "SANTELESAMISOK", Ariffin Tahir is a force in the world of marketing and PR. After being motivate...
Elgi Equipments to wind up Chinese subsidiary over economic downturn, Covid
The subsidiary is in the business of import, warehousing, selling and servicing. The winding-up activities are likely to begin shortly
Manchester United planning double Juventus swoop?
Manchester United reportedly make contact with Juventus regarding the availability of Merih Demiral and Douglas Costa.
Jio Fiber Offers Double Monthly Data to Annual Subscribers
The most premium Jio titanium fiber plan now offers huge 15,000GB monthly data benefits with new additional data from the annual plan.
OECD GDP Falls By 1.8% In The First Quarter Of 2020
Following the introduction of COVID-19 containment measures across the world, real gross domestic product (GDP) in the OECD area fell by 1.8% in the first quarter of 2020, the largest drop since the 2.3% contraction in the first quarter of 2009 at the height of the financial crisis, according to provisional estimates.
GBP/USD: Supported but with no room to rise – OCBC
The GBP got a leg higher as BoE’s Haldane provided support for the pound after saying a rate cut to negative is not imminent, forcing the market cut b
Investors sell up as rental stress rises
Rental stress rose in most cities despite the JobSeeker and JobKeeper grants, prompting investors to consider selling up.
French economy to shrink by 20% in second quarter as recession deepens
France's economy is on course to contract 20% in the second quarter from the previous three months as the country emerges from a nationwide coronavirus lockdown, the INSEE official statistics agency…
Acer announces Aspire 7 gaming laptop in India, priced Rs 54,990
The affordable Aspire 7 adds to the Nitro and Predator series of gaming laptops already selling in India.
View: Can India benefit from the world’s frustration with China?
India lacks the sophisticated infrastructure which gives China an edge in manufacturing.
Woman sacked after viral video of her calling police on black man
A woman who reported a black man to the police after he asked her to put her dog on a lead in New York's Central Park has been fired from her job and had her dog taken away.
USD/JPY on the defensive around mid-107.00s, below 50-DMA
The USD/JPY pair extended its sideways consolidative price action on Wednesday and remained confined in a narrow trading band around mid-107.00s. The
The seat is too low - Senator Cherargei rejects Senate job
Murkomen did not decline Cherargei's former seat, adding fuel to reports that the Nandi Senator betrayed Ruto
The 'Justice League' Snyder Cut Will Cost at Least $30 Million USD to Complete
The highly-anticipated superhero film is scheduled to premiere in 2021 on HBO Max.
Demand for properties surges in Leeds, Newcastle, Portsmouth and Southampton as pent-up buyers return
Zoopla says demand from buyers was 20% higher in the week following the reopening of the housing market on 12 May, compared to the beginning of March.
TDP announces Rs 50,000 to LG Polymer victims
TDP announced Rs 50,000 for each deceased in the LG Polymers gas leak tragedy. 12 people died in this incident and all of them will get the benefit from TDP.
[Market Close-up] S. Korean stock market recovers faster than its global peers
Buttressed by the buying spree of retail investors and expansion of liquidity, South Korea’s stock market recovered to the psychologically important 2,000-point mark, rebounding faster than other major stock markets around the world. According to the Korea Exchange, the Kospi reached 2,029.78 points at Tuesday’s close, 12 weeks after last posting above the 2,000-mark on March 6, when it closed at 2,040.2...
Geopolitical time bomb ticks under market rally
Rising geopolitical tensions, especially between the US and China, could test the muscular global rally and hopes for a V-shaped economic recovery.
South African Airways aims to resume domestic flights in mid-June
SAA, which is under a form of bankruptcy protection, suspended all commercial passenger flights in late March, when the government imposed one of the strictest lockdowns on the African continent.
Opportunities Emerge In Mid-Caps And Small-Caps - Weekly Market Notes May 26, 2020
All fifty states have now allowed some businesses to re-open and this has added fuel to the stock market rally last week. The market seems to be pricing in a qu
Jootam Phenk From Gulabo Sitabo OUT! Piyush Mishra’s Voice Brightens The Tomfoolery Between Amitabh Bachchan & Ayushmann Khurrana
Gulabo Sitabo's first song Jootam Phenk is out now! Featuring the unique battle of wits between Mirza (Amitabh Bachchan) & Banke (Ayushmann Khuranna) is taken to the next level in this new fun a
Honor Magic Earbuds offer hybrid ANC and it’s going for less than RM400
Honor has also introduced the Magic Earbuds, its first hybrid active noise cancellation headphones for the Malaysian market. It is officially priced at RM499 but you can get it with an introductory price of RM399.
IMF advises banks to suspend dividend repayment, share buybacks
Kristalina Georgieva, IMF managing director, said the decision is necessary to help banks reinforce their capital buffers against the shocks
Arena 10 Thonglor to host rent-free market to boost the beau monde
A nightlife destination known for clubs and restaurants in the heart of Thonglor will host a rent-free weekend market next month to help upmarket businesses hurt by COVID-19 Arena 10 will not charge vendors to sell at the market to be set up on...
India will ruin its economy very quickly if it had severe lockdown: Swedish health expert to Rahul Gandhi
Professor Johan Giesecke of the Karolinska Institute, Sweden, on Wednesday claimed that India will ruin its economy very quickly if it had a severe lockdown.
Economists: UK economy to face 5% annual deficit by 2024 – FT
According to calculations based on forecasts by independent economists, UK is likely to incur an annual deficit of 5% national income by the time of t
EUR/USD: The 1.1012 200-day ma to cap advances – OCBC
The EUR/USD may be headline-driven, as the Franco-German virus recovery plan is tabled for discussion today. Terence Wu, an FX strategist at OCBC Bank
RBA governor expected to be more upbeat
Reserve Bank governor Philip Lowe has been talking up the economy and mentioned the word "confidence" in his last public appearance no less than seven times.
EUR/USD: A close above the 200-day ma at 1.1012 to fuel upside potential – Commerzbank
EUR/USD has rallied higher and attention has reverted to the 200-day ma and its current May high at 1.1012/19, as Commerzbank’s Karen Jones notes. OCB
Hibernia ‘confident’ in the Dublin office market as it experiences ‘modest’ fall in rent collection
Kevin Nowlan, the chief executive of listed landlord and developer Hibernia Reit, said the company “remain confident” in the long-term prospects of central Dublin’s office and residential market.
The vicious fight over the human cost of lockdown
The unexpectedly low COVID-19 death toll has triggered bitter, and public, arguments among Australia's top university economists.
Grab the popcorn because Stan’s new rom-com series ‘Love Life’ drops tonight!
If you’re anything like me and you’ve already binge-watched Stan’s adorable new series The Baker and the Beauty, then you’re in luck… The popular streaming service is just about to drop another…
Realme X50T 5G Spotted: Realme Is Flooding The Market! - Gizchina.com
Realme X50T is an upcoming fiveth member of X50 series, Realme just won't stop flooding the market by launching slightly improved phones every now and then.
Pound Sterling advances against Euro and Dollar after EU Rows back on Fishing and Haldane Cools Negative Interest Rate Expectations
The British Pound advanced by over a percent against the U.S. Dollar and half a percent against the Euro as markets welcomed a bevvy of developments including rumours of progress on fishing in deadlocked EU-UK trade negotiations and a senior Bank of England policy maker quelled expectations for negative interest rates
China stocks fall on rising Sino-U.S. tensions, economic worries
SHANGHAI — China stocks fell on Wednesday as rising Sino-U.S. tensions and lingering worries over the coronavirus damage on the economy curbed risk appetite.
$100 utilities credit to thank Singaporeans for staying home during circuit breaker
$100 utilities credit to thank Singaporeans for staying home during circuit breaker
Used OnePlus 8 Pros are selling for hundreds of dollars above MSRP due to scarcity
Back when OnePlus had initially launched its first phones, it was quite common for these devices to be quickly sold again with a price tag over the MSRP. The reason for these higher priced reselling was due to the company’s then invite-only sales system. Now, the OnePlus 8 Pro is suffering from a similarly inflated …
Total Value Of Commercial Bank Loans In The US Jumped By $1trn Since January
American debt levels continue rising year after year, with a surge in the number of people using loans to pay anything from home renovation and medical expenses to vacations, scholarship, and credit card debts.
This Brilliantly Simple Car Accessory Fills The Gap Between Your Seats — & Reviewers are OBSESSED
Filling up the open space in between your car seat and the center console can make dropping a wayward french fry or other small objects way less frustrating — but there are a few things to look out for while choosing one of these handy automotive…
Genesis Energy LP: Too Risky For The Current Environment
Even though it shows some rebound after March lows, Genesis Energy LP remains a risky buy in the current environment. The stock shows high volatility and a high
After 83% Rebound, It’s Time to Ditch Chevron Stock
With a sustained dividend minimizing downside, and big upside potential if oil prices rebound, Chevron stock may be a buy at today's prices.
Tulsi Gabbard Drops Defamation Suit Against Hillary Clinton, Cites Need to Defeat Trump
Former Democratic presidential candidate Rep. Tulsi Gabbard (D-HI) withdrew her defamation lawsuit against former US Secretary of State Hillary Clinton on Wednesday.
Elgi Equipments to shut Chinese subsidiary on poor show
These factors prompted the company to wind up its China subsidiary, the company told the stock exchanges, without divulging further details.
Recalling a pioneer of modern political economy
Alberto Alesina, the Nathaniel Ropes Professor of Political Economy and a member of the National Bureau of Economic Research (NBER), died at age 63.
Jadeveon Clowney spurned ‘richest offer on the table’ from Browns
It’s not all about the money this time for Jadeveon Clowney. The No. 1 overall pick in the 2014 NFL Draft has reportedly rejected a significant offer from the Browns, who have been “the
You can vote for Joe Biden without discrediting Tara Reade
We all experience cognitive dissonance, or the state of having inconsistent thoughts or beliefs. For example, we know it’s important to be active, but we spend most of our days rotating between our desks, couches, and beds. Getting exercise isn’t fun, but it’s important for our health, so we feel guilty about not doing it.
Who The Hell Did This Hatchet Photoshop Job On A Press Photo Of ‘Today’ Hosts Karl & Ally?
More importantly, what did Karl & Ally ever do to them?
Goldman Sachs on target to meet medium,long-term growth goals: executive
Goldman Sachs Group Inc President and Chief Operating Officer John Waldron said Wednesday that the bank remains on track to achieve its medium ...
Credai seeks RBI intervention in passing on repo rate cut benefits to NBFCs, HFCs
It has maintained that the real estate industry has not been able to leverage the benefits of repo rate cuts as banks have not passed on the same to the borrowers.
Dudu Myeni was prepared to cause ‘untold harm to SAA and the SA economy’
Parsing a word cloud from the judgment handed down in the North Gauteng High Court declaring Dudu Myeni a delinquent director for life, paints a devastating portrait of the former SAA board chair and friend of Jacob Zuma’s character and mien.
First promo for UFC 250: ‘Nunes vs Spencer’ drops ahead of June 6 PPV event (video)
The first promo video (via YouTube) for the upcoming UFC 250 pay-per-view (PPV) event, set for June 6 and features a women’s Featherweight title fight between Amanda Nunes and Felicia Spencer, has dropped.
AMC Theaters Upgraded From 'Sell' to 'Neutral' as Analyst Says Bankruptcy Risk Has 'Subsided'
Company's fair value estimate was also raised from $1 to $5
TSL bosses acquitted again
Harare Regional Magistrate Mrs Sandra Mupindu has, for the second time, acquitted three Tobacco Sales Limited (TSL) bosses accused of selling a farm for US$600 000 after it had been gazetted by Government for acquisition under the land reform programme.
AFDB crisis: Adesina maintains innocence over allegations of nepotism
PRESIDENT of the African Development Bank (AFDB) Akinwunmi Adesina has maintained his innocence with regards to the various allegations against him. In a statement personally signed by Adesina, he expressed confidence in the integrity of the bank, its governance systems as well as its rules and procedure. Recall that Adesina was recently accused by a […]
Analyst Who Called Bitcoin Drop to $3,000s Expects Another Brutal Bear Market
Bitcoin has rallied strongly since the $3,700 lows established in March. From the bottom of the crash, the cryptocurrency is now up just shy of 150%.
Hershey says mint, gum sales hit as lockdowns restrict social gatherings
Hershey Co said on Wednesday sales of gums and mints have taken a hit as social distancing protocols spurred by the COVID-19 pandemic discouraged ...
Charles Schwab-TD Ameritrade Merger Hit by Eight Lawsuits
Boards of Charles Schwab and rival TD Ameritrade have invited their respective shareholders to agree on the all-stock merger that was valued at $26 billion.
Stocks rally on EU stimulus plan, euro gains
NEW YORK, May 28 — The euro and equity markets advanced yesterday as enthusiasm for the European Union’s plans for a €750 billion (RM3.5 trillion) recovery fund offset concerns about unrest in Hong Kong over Beijing’s proposed national security laws. US Treasury yields retreated from gains...
Revenue loss and labour top worries
India Business News: MUMBAI: A week after markets regulator Sebi asked companies to disclose in detail their estimated and expected losses due to the Covid-19 pandemic, di.
Regal Cinemas Has No Current Plans to Reopen; AMC May Stave Off Bankruptcy
When is Regal Cinemas reopening? The theater chain has not yet announced a date, leaving some wondering if it will be open for Christopher Nolan's Tenet.
Samsung Galaxy S20+: A galaxy of features, at a steep price
The Galaxy S20+ has everything that a premier phone should have, and more
The Rally Continues, Now Thanks To Small-Caps (Technically Speaking For 5/27)
The EU and Japan have announced major stimulus programs. While existing home sales have dropped sharply, new home sales are surprisingly resilient. The markets
Hundreds of jobs to go as News Corp confirms restructure
News Corp has confirmed sweeping changes to its Australian newspaper portfolio, with hundreds of jobs to go, and a swath of community and regional titles to move to digital only.
Tongaat doubles the price of sugar
Sugar producer, Tongaat Hulett Zimbabwe (THZ) has with immediate effect almost doubled the price of sugar.
Communications Systems: Needs Sustained Bottom-Line Growth To Move The Share Price
Firm posts negative earnings in the first quarter. Once again this showed that the company is absent any real competitive advantage. No need to push the boundar
iPhone 12 Expected To Be Launched In Late November
New date for the iPhone 12 launch is in talks. It turns out the new-gen Apple phones may hit the market in late November.
Dunkin' Brands: Strong Brand At A Decent Price
Dunkin' has a strong brand that has allowed the company to grow steadily in the past. There will be uncertainty regarding customer consumption behaviour due to
Uday Kotak wants world to 'hire Indians', says country capable of producing top-class human capital
The Kotak Mahindra Bank CEO rejected the notion that Indian engineers are inferior to the ones in the US.
AMN Healthcare Services, Inc. (NYSE:AMN) Shares Acquired by Zurcher Kantonalbank Zurich Cantonalbank
Zurcher Kantonalbank Zurich Cantonalbank lifted its position in shares of AMN Healthcare Services, Inc. (NYSE:AMN) by 38.0% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 4,401 shares of the company’s stock after buying an additional 1,213 shares during the period. Zurcher Kantonalbank Zurich […]
Manchester United could land Juventus duo for £46m
Manchester United could sign Juventus duo and reported transfer targets Douglas Costa and Merih Demiral for a combined fee of less than £46m this summer.
This Is How I Lost $1,200 Worth of Ethereum (ETH) In 100 Seconds: A Tale of a Costly Mistake
An interesting and certainly education Reddit thread surfaced today, showing the importance of being extra careful when it comes to dealing with sensitive
Australian LNG Exports to Chinese Market at Crossroads as Trade Tensions Intensify
A healthy bilateral relationship will be important to Australian liquefied natural gas (LNG) exports to China, which will be the only meaningful market in the coming...
Dropped plans revealed for AJ Styles on RAW before he was traded to SmackDown
AJ Styles was traded to SmackDown this past week, after a year-long stint on WWE RAW.
Woman loses job and gives up pet after calling police on black man who asked her to leash dog
A white woman who told New York police that a black man who asked for her dog to be leashed was “threatening” her, has since apologised after video went viral. Amy Cooper admitted on Monday night
Coronavirus fines in north drop from almost 400 to 30 in a month
The number of fines issued by the PSNI over social distancing rules dropped from nearly 400 to 30 in a month, it can be revealed.
Capacity could be reduced by 87% in pubs due to 2m social distancing rule
The typical bar or restaurant in Ireland could face an 87% reduction in capacity if the 2m social distancing advice remains in place when they re-open. Capacities in pubs and bar/restaurants will drop...
Locusts attack, a cyclone, forest fires and heatwave add to India's miseries in the middle of COVID-19 pandemic
Locusts, a global pandemic, ravaging cyclone, a deadly heatwave and raging forest fires have all but crushed India's efforts to get back on track at a time when it is dealing with its worst economic crisis since Independence.
UP to bring industry chambers on board for providing jobs to migrants
So far, the state has evacuated more than 2.5 mn stranded workers
Swiss National Bank Buys 348,300 Shares of Noble Energy, Inc. (NYSE:NBL)
Swiss National Bank increased its stake in Noble Energy, Inc. (NYSE:NBL) by 23.1% during the first quarter, HoldingsChannel reports. The firm owned 1,856,312 shares of the oil and gas development company’s stock after acquiring an additional 348,300 shares during the period. Swiss National Bank’s holdings in Noble Energy were worth $11,212,000 as of its most […]
Not a scam: Watch for stimulus debit cards in the mail
The Treasury Department has mailed nearly 4 million economic impact payments to Americans via a prepaid debit card.
Birla Corporation share price rockets 40% in two days, cement shares gain as demand picks up
Among other cement and cement products stocks, Dalmia Bharat shares surged 8 per cent and Anjani Portland Cement shares advanced 11.42 per cent.
Whangarei Finance Company In $945K Settlement With Commission
Current and former borrowers of Whangarei-based finance company Profile Finance Limited will receive $945,334 in credits and refunds after Profile Finance signed a settlement agreement with the Commerce Commission.
Tesla cuts prices by as much as 6per cent in North America to boost demand
BEIJING: Tesla Inc has cut prices of its electric vehicles by as much as 6per cent in North America following a decline in auto demand in the ...
First Allied Advisory Services Inc. Decreases Stock Position in AES Corp (NYSE:AES)
First Allied Advisory Services Inc. lessened its position in AES Corp (NYSE:AES) by 58.6% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 15,587 shares of the utilities provider’s stock after selling 22,035 shares during the quarter. First Allied Advisory […]
Kia Evaluating Bringing ‘Soul’ To The Indian Market – Report
The Kia Soul is offered with two different ICE powertrains in the foreign markets, including a 2.0-litre NA petrol unit, along with a 1.6-litre turbocharged petrol motor
Microsoft Co. (NASDAQ:MSFT) is Providence Wealth Advisors LLC’s 2nd Largest Position
Providence Wealth Advisors LLC lessened its position in shares of Microsoft Co. (NASDAQ:MSFT) by 0.5% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 24,915 shares of the software giant’s stock after selling 136 shares during the quarter. Microsoft comprises 4.7% of […]
HONOR 9X Lite Malaysia price announced for RM699 with Magic Earbuds and weighing scale bundle
In this short news announcement, HONOR Malaysia have finally announced the official price tag for the HONOR 9X Lite, HONOR Magic Earbuds and HONOR Scale 2. Launching officially from today onwards (27 May), the Magic Earbuds and Scale 2 are part of the 9X Lite bundle which is RM699 in Emerald Green and Midnight Black.
Jamie Dimon says the US economy looks headed for a ‘fairly rapid recovery’ from the coronavirus pandemic
The US economy could see a swift recovery in the third quarter of the year according to JPMorgan CEO Jamie Dimon.
Postmedia to lay off 40
Postmedia Network Canada Corp. says it will lay off about 40 employees after a number of its unions did not approve a temporary salary reduction to help reduce costs amid the COVID-19 pandemic.
Shrewsbury Food Hub benefits from college donations
Boxes of surplus food and toiletries from the empty bedrooms of a Shropshire college have been distributed to Shrewsbury Food Hub.
'If it goes wrong, it's my fault': Elon Musk is feeling nervous hours before SpaceX's historic mission to launch its first astronauts into space, Business Insider - Business Insider Singapore
Business Insider - "I'm the chief engineer, so I'd just like to say that if it goes right, it's a credit to the SpaceX-NASA team. If it goes wrong, it's my fault.". Read more at businessinsider.sg
While Asian countries reel from Covid-19 economic fallout, Chinese investors buy luxury property from ‘Singapore to Sydney’
While Asian countries reel from Covid-19 economic fallout, Chinese investors buy luxury property from ‘Singapore to Sydney’
Severe lockdown will ruin India's economy: Swedish expert tells Rahul Gandhi
"I think for India, you will ruin your economy very quickly if you have a severe lockdown. It is better, skip the lockdown, take care of the old and the frail...," Prof Giesecke noted.
'If it goes wrong, it's my fault': Elon Musk is feeling nervous hours before SpaceX's historic mission to launch its first astronauts into space
"I'm the chief engineer, so I'd just like to say that if it goes right, it's a credit to the SpaceX-NASA team. If it goes wrong, it's my fault."
Reopen Long Island: Long Island enters phase one of reopening
Nassau and Suffolk counties are moving into phase one of reopening which includes manufacturing, construction, agriculture, wholesale trade, and retail stores, which can now offer curbside pick-up only.
Navient Corp (NASDAQ:NAVI) Shares Sold by Aigen Investment Management LP
Aigen Investment Management LP trimmed its position in Navient Corp (NASDAQ:NAVI) by 57.3% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 28,722 shares of the credit services provider’s stock after selling 38,583 shares during the quarter. Aigen Investment Management LP’s holdings in Navient […]
Wednesday’s small-cap stocks to watch
Our roundup of Canadian small-caps of between $100-million and $2.5-billion in market capitalization making news and on the move today.
Kilkenny-based Entegro creates 50 jobs from broadband contract
Telecoms company will design fibre optic networks for National Broadband Plan
Pay up and we will extend Brexit transition, EU tells Boris Johnson
The bloc's chief negotiator Michel Barnier said an extension could be agreed - at a price
Swiss National Bank Increases Position in Polaris Industries Inc. (NYSE:PII)
Swiss National Bank lifted its holdings in Polaris Industries Inc. (NYSE:PII) by 23.2% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 225,549 shares of the company’s stock after purchasing an additional 42,400 shares during the quarter. Swiss National Bank owned about 0.37% […]
The IEA warns global energy investment will fall by $400 billion in 2020, the biggest drop in the sector's history, Business Insider - Business Insider Singapore
Business Insider - Before the crisis, the IEA was expecting global energy investment to increase by 2% now it expects a decline of 20% compared to last year.. Read more at businessinsider.sg
LivePerson Stock Is Ready To Go 'Live'
LivePerson has been undervalued due to lower-than-expected growth and lack of profitability. It is beginning to turn the ship around and become profitable and h
Redmi 1A display with 60Hz refresh rate announced at RMB 689
After splitting from Xiaomi, Redmi is looking to branch out, and as such has announced the new Redmi 1A display. It is priced at RMB 689.
Blue Dart: Muted volumes, revenues amid high costs to weigh on margins
Given the sharply lower operating performance, the company reported a loss (after adjustments) of Rs 8 crore as compared to analyst estimates which had pegged the profit number at Rs 30 crore
ARM Announces New Cortex CPU And Mali GPU For Future Smart Devices
ARM, the company that has its hands in almost every chipset on the current market, recently announced its next-generation lineup of products, designed for
7 Cheap Stocks to Buy With Great Potential
In times of market turbulence, cheap stocks offer a unique way to escape the broad moves up and down and instead benefit from big potential.
Stock markets in retreat as China-US tensions return to fore
Asian equities mostly fell Wednesday as profit-taking and worries about deteriorating China-US relations outweighed optimism over the gradual reopening of economies around the world.
Amazon and other stay-at-home stocks are starting to stall. They may hold the key to the market, strategist says.
While value and small caps are starting to recover, the stay-at-home stocks are starting to lose steam. One strategist is concerned.
Peloton Stock Is Only a Buy On the Next Pullback
PTON stock has rallied as demand has skyrocketed. But the rally looks like it's gone a bit too far. Investors would do well to stay patient.
Buyers coming off the sidelines in Toronto housing market
Advice for those thinking about rejoining the fray: ‘Get out as soon as you can’
Volkswagen India introduces leasing, flexible financing options to drive sales amid COVID-19
The Volkswagen Secure and Power Lease initiatives provide customers the power and independence to purchase their favourite Volkswagen in a hassle-free, contactless and digitalised manner, Volkswagen Passenger Cars India Director Steffen Knapp said.
Youth support critical to battle COVID-19-related employment challenges
Researchers from The University of Western Australia's Centre for Social Impact say supporting young people is more important now than ever, highlighting the long-term impact on youth unemployment as ...
City of Cape Town offers rates and service relief in revised budget
Due to the loss in revenue and the impact the lockdown has had on local economies, the City of Cape has revised its 2020/21 budget to boost the economy and to offer service relief packages. It was approved on Wednesday.
What triggered the 15% rally in bank stocks today?
Nifty Bank, which consists of 10 stocks, saw its best day in about two months.
AT&T launches HBO Max as it makes a big bet on streaming
AT&T's long-anticipated streaming service, HBO Max, officially launches Wednesday, thrusting the longtime wireless and pay TV provider into a crowded streaming market, perhaps forever changed by the coronavirus ...
Which cities could benefit most from the government’s new EV rapid charging fund?
New research suggests some cities have more than 200 EVs per public charge point.
Research finds concerning drop in US colorectal cancer screenings and surgeries
SAN FRANCISCO: New diagnoses of one of the deadliest cancers fell by one-third in March and April as US physicians and patients halted ...
Sunway Bhd launches cash call to raise up to RM1.11b
KUALA LUMPUR, May 27 — Sunway Bhd, which today reported a 42.6 per cent drop in first-quarter (Q1) net profit to RM78.29 million, has proposed to a renounceable rights issue to raise up to RM1.11 billion. The company is planning to issue up to 1.11 billion new irredeemable convertible preference...
Top budget wireless earphones in the market
Shut out the world with these great earphones
Bank of Montreal profit sinks as more than $1.1-billion earmarked to cover potential loan losses
Profit for the three months ended April 30 was $689-million, or $1 per share, compared with $1.5-billion, or $2.26 per share, a year earlier
How COVID-19 has changed the face of insurance industry and the role digital can play
The emerging trends post COVID crisis can be far-reaching. Pandemics can be short-lived, but the economic impact can be long-term.
New Zealand Cricket to cut jobs by 10-15% to cope with economic fallout of COVID-19 pandemic
New Zealand Cricket is looking to shed around 10 to 15 percent of its staff and save NZ$ 6 million in operation costs as it copes with the "challenges" posed by the COVID-19 pandemic.
The government has lost the authority to govern. What comes next is death and chaos
The decision to protect "chief strategist" Cummings, and to propagate the logic of the madhouse, will cost lives
FSMA: Belgians Traded 5 Times More BEL 20 Shares amid COVID-19
According to the Financial Services and Markets Authority (FSMA), a Belgian regulator, investors traded BEL 20 shares up to five times more.
The 2020 Hyundai Creta Ran a Little Over 600 km and gave us a Mileage of 15.5 kmpl -
It was the year 2015 when Hyundai launched its Creta in the Indian market and it became an instant hit
Report: Emergency UN/WHO Funding For Palestinians Ends Up With Terrorist Group
Through the tangled web of bureaucracy, money for health emergencies is funding terrorist activities and anti-Israel propaganda.
Lucky Daye Teams Up With Babyface For "Shoulda"
Lucky Daye returns again, this time with Babyface on the r'n'b jam 'Shoulda.' Not even a full 24 hours ago, we received some new Lucky Daye music when the burgeoning r'n'b singer dropped a 'Roll Some Mo' remix on us, thanks to Chronixx and MediSun. The original song appeared on his 2019 album Painte...
Singaporean gets four months jail for Covid-19 Facebook post
SINGAPORE, May 27 — A taxi driver was jailed for four months in Singapore today over a Facebook post in which he falsely claimed food outlets would close and urged people to stock up due to impending Covid-19 restrictions, local media reported. Kenneth Lai Yong Hui, 40, deleted the message sent...
Nissan and Renault unveil steps to cut costs and revamp alliance
Renault SA and Japanese partners Nissan Motor Co. and Mitsubishi Motors Corp. on Wednesday unveiled steps to standardize platforms further and push for mor
Mourinho preparing for a changed transfer market due to pandemic
Tottenham manager Jose Mourinho expects the transfer market will look a lot different due to the ...
What is hazard pay, and why are Amazon and other companies ending it for essential workers?
The risk to workers hasn't changed, but employers no longer have the same labor market pressures to worry about.
France promises €8bn to bail out struggling car industry
French carmakers have seen a 90% drop off in sales since the beginning of the coronavirus pandemic.
Global stocks are mixed after Trump promised 'interesting' action against China, while Europe awaits a huge new stimulus package
Global stocks are mixed Wednesday as investors weigh rising US-China tensions and the growing implications of a new draconian law on Hong Kong, ...
The world’s most overweighted and underweighted stocks by active fund managers
Daily roundup of research and analysis from the The Globe and Mail’s market strategist Scott Barlow
Loan moratorium: It is better for credit card customers to either clear dues or opt for EMI to avoid interest burden
The extension of the moratorium on term loans by another three months till August 31 is a big relief for many borrowers but experts advise that you should avoid it for outstanding credit card dues.Wit
PBoC: China to roll out 11 financial reform measures in near-term
The People's Bank of China (PBoC) on Wednesday announced that China will be rolling out 11 financial reform measures in the near-term. "China will dee
Cheap iPhone deals at Woot drop unlocked models as low as $40
This sale features a bunch of older iPhone models, from the iPhone 5 and 5c to the iPhone 6s Plus. These refurb models might not be the most recent devices, but the prices make for an easy buy, especially for a first phone or backup device.
Coronavirus: Deschamps backs Ligue 1 over cancellation, says others are prioritising money
Didier Deschamps has criticised the Bundesliga's return and insists other leagues are prioritising money if they also recommence.
Sebi again extends deadline to apply for 147 senior level vacancies amid Covid-19
NEW DELHI: Markets regulator Sebi has again extended the deadline to apply for the post of 147 senior level executives … Sebi again extends deadline to apply for 147 senior level vacancies amid Covid-19 Read More »
Global stocks are mixed after Trump promised ‘interesting’ action against China, while Europe awaits a huge new stimulus package
Global stocks were mixed Wednesday after US President Trump promised “interesting” action on China’s proposed crackdown on Hong Kong by the end of the week, and as European investors wait anxiously for the announcement of a new stimulus package from the European Commission.
Ringgit up against US dollar at close
KUALA LUMPUR, May 27 — The ringgit ended higher against the US dollar despite global risk sentiment and declining crude oil prices, a dealer said. As at 6pm, the local note was quoted at 4.3450/3510 against the greenback compared with last Friday’s close of 4.3610/3690. At press time, Brent...
Banks go digital to maintain social distancing in post Covid world
Contactless services set to gain ground
Debt downgrades can push India bank fund raising to $20 billion
State-run banks will need $13 billion from the government to recapitalize.
Facebook Stock to $1,000? It’s Possible Now Thanks to Shops
Newly announced Facebook Shops is a game-changer which cracks the ultra-valuable social commerce code, and could push FB stock to $1,000.
Zimbabwe gold miners to keep more export earnings in dollars
Until now, gold miners received only 55% of their sales in dollars.
Current crisis calls for a revised Union Budget
The provisions included in the Budget fro 2020-21 are insufficient to boost growth in light of the Covid-19 pandemic. Focus should be on stimulating economic activity and creating employment
Bank Hapoalim: Up to 1,000 employees to be laid off due to coronavirus - Inside Israel
Bank Hapoalim announces plan to lay off up to 1,000 employees, in effort to raise efficacy and save on salaries.
Money or the goody bag? The great Comrades refund debate
Stuart Mann delves into the debate regarding marathons pocketing or reimbursing entry fees in the event of a cancellation.
It’s Time to Take Ford Out to the Junkyard
Highly leveraged and with little wiggle room to emerge quickly from the coronavirus shutdown, the deck is stacked against F stock.
Father Ready to Die for Infant as KNH Bill Surpasses Ksh530K [VIDEO]
The father disclosed that the hospital's decision to raise the cost of the treatment was a painful pill to swallow as...
U.N. calls meeting to boost pandemic support for developing countries
WASHINGTON, May 26 (Reuters) - U.N. officials said they will meet on Thursday with over a dozen world leaders to discuss shoring up financial support for emerging economies, hit hard by the pandemic's economic fallout.
NerdWallet: Looking for safer ways to pay? Go contactless
Breaking old habits of forking over cash or swiping a credit card may be challenging, but contactless payments themselves are easy to use and may even help slow the spread of the coronavirus.
Satoshi Nakaboto: ‘S&P 500 outperformed Bitcoin over the past year’
Our robot colleague Satoshi Nakaboto writes about Bitcoin every fucking day. Welcome to another edition of Bitcoin Today, where I, Satoshi Nakaboto, tell you what’s been going on with Bitcoin in the past 24 hours. As Aristotle used to say: Let’s get it! Bitcoin price We closed the day, May 26 2020, at a price […]
EU to propose €750bn Covid recovery package for states
Ireland in line for grants of €1.9 billion in package weighted by how badly economies have been hit
3 Reasons to Buy Stocks Right Now
Are you debating whether it's a good time to buy stocks? Here's why sitting on the sidelines doesn't make sense.
USD/BRL: Leading to the 2002 highs amid political noise – Deutsche Bank
The most pressing challenge in Brazil is containing the COVID-19 epidemic, according to strategists at Deutsche Bank, who expect the USD/BRL pair to b
Absence of EFCC lawyer stalls Oyo-Ita ‘N570m fraud’ case
The trial of Winifred Oyo-Ita, former head of service, was stalled by the absence of Mohammed Abubakar, counsel to the Economic and Financial...
Social distance fines in Northern Ireland drop from almost 400 to 30 in a month
The PSNI issued 30 penalties in May compared with 374 between the end of March and April 24.
XRP Is Poised to Plunge Even Lower as Price Falls Under Two Crucial Supports
There was a short period last week during which altcoins outperformed Bitcoin. Yet XRP and the rest of the cryptocurrency market have begun to
Tesla slashes EV prices by up to $5,000 in North America and China
Tesla has given its more expensive models, the Model S and the Model X, the biggest price cut, slashing $5,000 off their old purchase price. The Model S Long Range Plus EV is now listed for $74,990 from $79,990, while the Performance version now costs $94,990.
Future Retail to raise up to Rs 650 crore via NCDs to refinance debt
The funds will be used mainly for replacing the company's existing high cost current or near term maturity debts requirements
Social distance fines in Northern Ireland drop from almost 400 to 30 in a month
The PSNI issued 30 penalties in May compared with 374 between the end of March and April 24.
Covid-19: Identify private hospitals for free or minimum cost treatment of patients, SC tells Centre
Chief Justice of India SA Bobde asked why the private hospitals, who have been given land free of cost by the government, cannot treat patients for free.
This is also time to nurse economies back to health
GCC showed a level of sophistication in combating COVID-19, but much still needs doing
One in four retail branches to close in Europe as digital interactions mushroom - Kearney
As many as 40,000 bank branches will close across Europe in the next three years, as increasing numbers of customers turn to digital channels, according to a study by consultancy Kearney.
Woman who threatened to call police on black birdwatcher in New York's Central Park loses job
A clip posted on Twitter showing the incident has been viewed millions of times.
EU to unveil virus recovery plan amid split over way ahead
The move Wednesday comes as the 27-nation trading bloc is set to enter its deepest-ever recession as the impact from the coronavirus pandemic ravages economies.
Boris Johnson vows not to hike income tax, VAT or national insurance and says triple lock on pensions will STAY despite coronavirus bailouts devastating public finances - with 8.4MILLION jobs now furloughed
Standing by Tory tax and pensions pledges today, Boris Johnson told senior MPs: 'We are going to meet all of our manifesto commitments.'
Renault and Nissan scrap Ghosn strategy in move to slash costs
Carmakers rule out merger and ditch longstanding sales targets as alliance with Mitsubishi switches focus
Samsung eyes payments security boost with new chip
Samsung Electronics’ semiconductor division unveiled its next generation security chip and related software, marketing the ...
Tesla Cuts Prices of Electric Cars by up to 6 Percent in North America
It's Supercharger quick-charger is also no longer free for new Model S and X customers.
Boeing set to announce significant US job cuts this week: Union
In April, Boeing chief executive Dave Calhoun said the company had “begun taking action to lower our number of employees by roughly 10 percent".
Sebi again extends deadline to apply for 147 senior level vacancies amid Covid-19
India Business News: Markets regulator Sebi has again extended the deadline to apply for the post of 147 senior-level executives by two months till July 31 in the wake of
Boeing slashes 12,000 jobs
Boeing is cutting more than 12,000 jobs through layoffs and buyouts as the coronavirus pandemic seizes the travel industry, and more cuts are coming.
Official employment survey may capture migration
The ministry of statistics and programme implementation is examining changes that may need to be carried out to assess the extent of unemployment post the reverse-migration in the Periodic Labour Force Survey. The idea is to get a better sense of employment as migration from cities, post-Covid pandemic and lockdown, has been in large numbers.
Here’s How to Make a Safer Wager on Penn National Gaming Stock
Today’s PENN stock price deserves a new strategy that plays a bit like craps. It uses the options market to leverage more upside.
Pound Sterling Price News and Forecast: GBP/USD bulls paused near 50% Fibo
Flying further up with free-roaming fish? While Brits are closely following the latest developments around Dominic Cummings – the special adviser at D
Nordstrom Needs to Bring Back What Made it Special
Nordstrom announced that it is closing its three Jeffrey stores. If you own Nordstrom stock that’s a good thing. Here’s why.
States should come forward with Rs 20 lakh cr to battle COVID-19 disruptions: Nitin Gadkari
"More liquidity needs to be pumped in the market to boost the coronavirus-hit economy and states should come forward with Rs 20 lakh crore, while another Rs 10 lakh crore can be harnessed from public-private investment," Road Transport, Highways and MSME Minister Gadkari said.
'Dangerously naive': APRA warns the worst is ahead
The banking regulator has asked banks not to rush to rebuild capital buffers and to disclose to shareholders "reliable and accurate" information amid mounting threats.
Intel Remains A Blue-Chip Stock to Buy Post-Pandemic
Intel stock has held up remarkably well in 2020, as evidenced by first-quarter results, and move to the cloud means more upside ahead.
Social distance fines in Northern Ireland drop from almost 400 to 30 in a month
The PSNI issued 30 penalties in May compared with 374 between the end of March and April 24.
Editorial: Get money where it’s needed, ASAP | Honolulu Star-Advertiser
The Legislature is in another recess for the next few weeks, but it had better be a working recess. One in which the work is going to be pretty hard, because there are so many problems to solve, stemming from the COVID-19 pandemic and economic crisis.
M'sians Who Defied CMCO To Balik Kampung Could Lose Jobs If They Fail To Return To Work
Defence Minister Ismail Sabri now challenges those who managed to slip past interstate borders to return home before their employers fire them if they do not report to work after two consecutive days.
Royal Bank Q2 profit cut to $1.48 billion compared with $3.23 billion a year ago
TORONTO — Royal Bank of Canada saw its second-quarter profit cut to less than half what it was a year ago as the amount it set aside for bad loans soared due to the pandemic. The bank says it earned $1.48 billion or $1.
Police chiefs thank communities for adhering to lockdown rules
Police chiefs have thanked communities for their continued adherence to lockdown rules following the bank holiday weekend.
Stock Market Investment in times of Covid-19: Time to rebalance your portfolio, stay invested for long term
Stock markets are hard to predict. The best way to time the market is to remain invested in the market.
US shoppers to be wooed back with steep discounts
Retailers including Macy’s prepare for sales after writing down value of merchandise
Redmi Earbuds S will be Available for Sale Today with an Affordable Price -
The demand for true wireless earbuds in the market is constantly increasing and in view of the demand from the
Open Banking moves from compliance challenge to commercial opportunity
European financial institutions are spending between €50-€100 million on Open banking initiatives, with spend exceeding €100 million for nearly half (45%) of 290 financial institutions surveyed by Swedish account aggregator Tink.
GTA 6 release date might have just been discovered - and it's bad news
Take-Two Interactive's marketing budget hints at a GTA 6 release date.
AfCFTA: Implementing Africa’s free trade pact the best stimulus for post COVID-19 economies
Wamkele Mene was recently appointed Secretary General of the African Continental Free Trade Area Secretariat. Due to the effects of COVID-19, free trading for countries that have ratified the agreement cannot begin on July 1, 2020 as was originally scheduled. He spoke to Kingsley Ighobor about the way forward. Describe the impact of COVID-19 on …
Betaal Director Patrick Graham: “There’s A Bit Of A Gap In The Market For Good, Mature & Honest Horror In India”
Patrick Graham feels every single village in India has its "own spook" story -- waiting to be told. The writer-director, who has captured bits from the mythological world with "Ghoul" and now "Betaa
CCL Stock Price: Carnival Corp set to hit 10-week high above $18 amid growing analyst optimism
Another day, another double-digit increase? Carnival Corp's stocks closed at $16.28 on Tuesday and are changing hands at above $18 per share in pre-ma
Kerala likely to resume sale of alcohol from May 28
The Kerala government has approved the resumption of the sale of alcoholic beverages in the state beginning Thursday, said sources, even as the state is witnessing a spike in COVID-19 cases following the easing of restrictions and arrival of Keralites from abroad and other parts of the country.
Nine people rescued from beach at Whitsand Bay
Off-duty lifeguards and members of the public saved them from the sea at Tregonhawke on Bank Holiday Monday
6 Reasons The Disney+, Hulu, ESPN+ Bundle Is The Only Streaming Package You Need, If You Had To Pick Just One
We only recommend products we love and that we think you will, too. We may receive a portion of sales from products purchased from this article, which was written by our Branded team. Whether you're cooped up with roommates or family, or you're…
USD/JPY traders weigh a massive cocktail of mostly toxic risks
Uncertainty is playing out and USD/JPY is in focus. Markets are caught between prospects of the global economy opening-up and the downside risks of se
CBN okays reliefs on loans in OFIs sector - The Nation Nigeria
The Central Bank of Nigeria (CBN) has reduced interest rates on its facilities through participating Other Financial Institutions (OFIs) from 9%
'Reborn' Swiss to drop most virus restrictions on June 6
Switzerland announced Wednesday it would remove most of its remaining coronavirus restrictions on June 6, when all leisure and entertainment activities can resume if appropriate precautions are in place.
EU reactions to Commission 750 bln euro coronavirus recovery scheme
BRUSSELS (Reuters) - The European Commission proposed on Wednesday to borrow 750 billion euros on the market and issue grants and loans to EU countries to kick-start an economic recovery after the coronavirus pandemic. Below are initial reactions of EU governments to the plan
Globe cellsite builds bring jobs, good employment benefits
One of the hardest sectors hit by the implementation of the Enhanced Community Quarantine (ECQ) is the country’s workforce. The travel restrictions, health protocols, and practically stoppage of thousands of companies and industries all over Luzon have resulted in many layoffs and changes on how people work as compared to the pre-COVID19 routine.
Why Latin American airlines are going belly-up?
The move allows Latam Airlines Group to keep operating while it works out a plan to pay creditors and turn around the business.
LiquidX Rolls Out Partner Program To Help Banks With Trade Finance
LiquidX is rolling out a new platform that offers supply chain finance, trade credit insurance and account receivables to corporate bankers.
The 20 car models with the most 2019 surplus inventory still left over unsold
The Dodge Grand Caravan tops the list of the most-unsold car with 66.3% of its inventory still in stock.
‘Current economic downturn will be more severe than the Global Financial Crisis of 2008’ – Ong Ye Kung
‘Current economic downturn will be more severe than the Global Financial Crisis of 2008’ – Ong Ye Kung
Gold dips to two-week low on recovery hopes
By Brijesh Patel (Reuters) - Gold dropped to its lowest in two-weeks on Wednesday as hopes of quick economic recovery drove investors towards riskier assets, although U.S.-China tensions over Hong Kong put a floor under bullion prices. Spot gold was down 0.6% at $1,700.30 per ounce by 1223 GMT.
Forever 21 Sale: Take 30% Off Select Summer Styles -- Dresses, Denim and More
Save on the latest trends on the affordable fashion retailer's website.
The 20 car models with the most 2019 surplus inventory still left over unsold, Business Insider - Business Insider Singapore
Business Insider - The Dodge Grand Caravan tops the list of the most-unsold car with 66.3% of its inventory still in stock.. Read more at businessinsider.sg
Farmers benefit from e-learning despite lackluster internet access
The Environment and Forestry Ministry is hosting an online farming program for farmers affected by COVID-19 pandemic.
Aurora Cannabis Stock Is Worth a Look After Reliva Acquisition
Aurora stock piqued the interest of investors when the company announced its acquisition of Reliva and entry into the U.S. market.
Genobank: Looking to Remake the DNA Kit Market
Genobank is looking to raise capital from the crowdfunding site Republic. They are developing a privacy-first DNA kit based on blockchain.
Fed catalogues devastation wrought by pandemic on U.S. economy
The coronavirus deeply damaged the U.S. economy in recent weeks, with “steep” job losses and business closures, a new Federal Reserve report said.
Wonderla's net profit falls in Q4 to 1.56 crore
Hyderabad: Amusement park operator Wonderla Holidays on Wednesday said it registered 77.68 per cent drop in its net profit to Rs 1.56 crore in the quarter ended March 2020 as against Rs 6.99 crore...
Leftists Launch Dark Money Group to Hold Social Media ‘Accountable’
Leftists have launched a new dark money group called "Accountable Tech" aimed at "combating misinformation online."
Biz EOD: NHAI offers COVID loan; SBI cuts FD rates; Maha tops MSME registrations
Catch top stories from the world of business and economy with BusinessToday.In's Biz EOD report
Wall Street frets as ‘unloved’ stock rally powers on
While the benchmark S&P 500 index has surged 34 per cent from its March lows and the Nasdaq Composite is just 6 per cent short of record highs, investors are more bearish than they have been in years
From NCLT to upper circuit: The comeback of Alok Industries
The stock was listed on February 27 at Rs 14 and declined to a low of Rs 3.92 on March 31.
Cyprus to pay holiday costs of tourists infected with coronavirus
The government has said it would pay for accommodation, medicine and food for patients and their families if you become unwell when it reopens its borders next month
Samsung Money debit card to launch this summer
The company teamed up with Mastercard and SoFi.
Ajax provide Chelsea and Arsenal with bargain Nicolas Tagliafico asking price
The full-back could prove to be great value
Markets begin cautious return to normalcy
Gold, textile, footwear shops in Srikakulam and Vizianagaram open for business after two months
Gold picks up as market sentiment sours
XAU/USD has bounced up from two-week lows sub $1700 on Wednesday and is turning positive on the daily charts. The precious metal has reached $1712 are
How to stream HBO Max
HBO Max: how to download, price, what’s available to stream, and more
Punjab decides to hike MBBS fee in govt, private colleges
With the massive surge in the price index in the years thereafter, these colleges are facing fiscal problems and are unable to meet the norms of Medical Council of India, thus necessitating a fee hike
Local bodies ready to pay expense
Amid the controversy over charging money from returning expatriates for quarantine facilities, two local bodies ruled by the United Democratic Front in Kozhikode district have written to the governmen
Enjoying the fruits of their labour
Farmers deserve the freedom to market their produce at a place of their choice
U.S. economic activity fell sharply due to coronavirus disruptions, Fed says
Economic activity declined sharply across the United States over the past several weeks, according to a Federal Reserve report released on Wednesday, reflecting the disruptions caused by the coronavirus pandemic.
‘Pass on repo rate reduction to realty sector’
CREDAI writes to Governor of Reserve Bank of India
Radical Transparency: A (Positive) Spin On Despegar's Q1 Earnings Call
Despegar reported disappointing Q1 results on May 4th, 2020. The company outlined cost-cutting measures and liquidity sufficient to survive an extraordinarily d
Eoin Morgan scotches talk of imminent England return for Alex Hales
Alex Hales looks set to remain frozen out of England’s one-day setup for some time yet after the captain, Eoin Morgan, scotched talk of an imminent comeback
3 Nasdaq-100 Stocks to Buy On the Dip For Bullish Investors
It could be a top. But today’s market weakness looks better put to use as an opportunity to buy leading NASDAQ stocks.
PSG Group to offload 28.11% stake in Capitec to shareholders
Post-unbundling it will retain a 4.3% shareholding in the bank.
How Small Businesses Can Soften the Blow of Bankruptcy
Some dos and don’ts for those teetering on the brink
Fed's Beige Book: Securing PPP loans helped many businesses to limit or avoid layoffs
Economic activity declined in all districts, falling sharply in most, reflecting disruptions associated with the COVID-19 pandemic, the Federal Reserv
Why Avis and Hertz Stock Just Popped, but Latam Airlines Dropped
A bullish pronouncement from JPMorgan's CEO just helped double the share price of bankrupt Hertz.
Ambassador Friedman helps make cheesecake for the elderly - Jewish World
US Ambassador to Israel David Friedman and his family join special online broadcast from Pantry Packers in Jerusalem to commemorate Shavuot.
UCO Bank slashes lending rate by 40 basis points, MSME loans to get cheaper
The government expects banks to reduce lending rates, which is required to kick start the economy hit hard by the coronavirus-forced lockdown, among other factors
Canada's RBC, BMO offer subdued outlook, miss profit estimates as bad loan provisions surge
By Nichola Saminather TORONTO (Reuters) - Royal Bank of Canada and Bank of Montreal on Wednesday offered subdued outlooks after missing quarterly earnings expectations as they increased provisions more than six-fold to cover future loan losses due to the COVID-19 outbreak. RBC shares climbed 2.9% in morning trade, while BMO fell 0.2% versus a 2.5% gain in the benchmark banks index.
Google Search and Maps are making it easier to support small businesses with donations and gift cards
As businesses navigate the largest economic crisis since the Great Depression, those that remain on the playing field are looking for any bit of help they
PMLA court sends Wadhawan brothers to judicial custody till June 11
Kapil Wadhawan and Dheeraj Wadhawan, promoters of Dewan Housing Finance Limited (DHFL), were produced before a special Prevention of Money Laundering Act (PMLA) court by the Enforcement Directorate on
Postmedia to lay off about 40 employees after unions reject salary cuts
Postmedia Network Canada Corp. says it will lay off about 40 employees after a number of its unions did not approve a temporary salary reduction to help reduce costs amid the COVID-19 pandemic.
Postmedia to lay off about 40 employees after unions reject salary cuts
TORONTO — Postmedia Network Canada Corp. says it will lay off about 40 employees after a number of its unions did not approve a temporary salary reduction to help reduce costs amid the COVID-19 pandemic.
Govt Delivers Security For Construction Subcontractors
Subcontractors will have greater certainty, more cashflow support and job security with new changes to retention payments under the Construction Contracts Act says Minister for Building and Construction, Jenny Salesa.
Chelsea alerted to defensive target’s cut-price £22.4m price tag ahead of possible summer swoop
Chelsea could reportedly land this transfer target for a cut-price fee...
Tesla Slashes Prices By Up to $5,000 on Almost Every Vehicle Line
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G.R. Chintala is new chairman of NABARD
G.R. Chintala is the new chairman of the National Bank for Agriculture and Rural Development (NABARD). He has served in various capacities in the bank, including as managing director, NABARD Financial
Canadian court rules against Huawei exec fighting extradition
Chinese Huawei executive Meng Wanzhou was dealt a legal setback Wednesday when a Canadian judge ruled that proceedings to extradite her to the United States will go ahead. The decision on so-called double criminality, a key test for extradition, found that bank fraud accusations against Meng would stand up in…
Boris Johnson 'surprised' to hear about his own immigration law
He asked why a family with no recourse to public funds could not claim benefits.
IOOF embarks on pro bono advice offensive
IOOF's financial advisers will provide at least 50,000 hours of free guidance on the JobKeeper program and the superannuation early release scheme.
Why bonds are in great demand
Despite the high investor interest, it is important to understand bonds and the factors causing price movements in them.
Reality check on finding new export markets: China's demand dwarfs the rest
Do you stop supplying half of your Shiraz to China because the government says we need to "diversify"? You can't give up that business to pursue wine sales in teetotal India or Indonesia.
This Energy Stock Plans to Maintain Its 10%-Yielding Dividend
ONEOK believes it can navigate through the oil industry's current rough patch while leaving its dividend intact.
Road map of post-pandemic Asia may look different
Leading observers on Asia are debating whether nations in the region will consider new approaches to diplomatic and economic engagement.
Court upholds suspension of EcoCash agents
The Reserve Bank of Zimbabwe (RBZ) acted within its mandate when it suspended EcoCash mobile money agents from conducting financial transactions to curb abuse, the High Court has ruled, and so there can be no interdict stopping it from doing so.
Dow rises on reopening hopes, extending rally
NEW YORK, May 27 — Wall Street stocks were mostly higher early today on continued optimism about the reopening of the US economy as investors shrug off rising tensions between Washington and Beijing. About 15 minutes into trading, the Dow Jones Industrial Average stood at 25,308.55, up 1.3 per...
Can You Spot Sonam And Arjun Kapoor In This Priceless Throwback Pic?
The picture also features pint-sized Harshvardhan and Anshula Kapoor
Wigan to lose local radio station Wish FM with jobs 'at risk' in rebrand to Greatest Hits Radio
The station which was first broadcast out of Billinge 23 years ago, is currently based at Orrell Lodge
Renault-Nissan-Mitsubishi plan to deepen cooperation
Struggling automakers Renault, Nissan and Mitsubishi unveiled Wednesday a plan to deepen cooperation in their alliance that would see them develop nearly half of cars jointly by 2025 to cut costs and
Khamenei urges Iran's new Parliament to concentrate on 'culture and economy'
May 27 (UPI) -- Iran's Ayatollah Seyyed Ali Khamenei told the country's newly elected Parliament on Wednesday the economy and culture should be their highest priority.
Reliance Jio now offers monthly double data benefits to Jio Fiber broadband subscribers; here are all the plans
Coming to the Jio Fiber Diamond plan it now provides annual subscribers with 4,000 GB of high-speed monthly data benefits.
Upwork: Must Grow Faster
After slowing down in the second half of 2019, Upwork reaccelerated its growth in Q1 2020. Marketplace revenue made up 90% of the business and grew by 24% YoY.
Tributes to ‘sweet’ girl, 17, who drowned when inflatable boat capsized in Bank Holiday horror
A ‘SWEET’ 17-year-old girl who died in a boating accident on Bank Holiday Monday has been named locally as Gillian Davey. Tributes have poured in for the teenager, who was rushed to hos…
After-Effects of Intense Heat Wave: Agricultural Losses and Record Electricity Usage
Consistent with Israel's character of extremes, temperatures dropped to below average after the heatwave ended.
Cyprus pledges to cover medical costs for tourists if they catch coronavirus on vacation
NICOSIA, Cyprus — Cyprus is pledging to cover all costs for anyone testing positive for the coronavirus while on vacation on the eastern Mediterranean island nation, according to a letter obtained
OpenSSH to deprecate SHA-1 logins due to security risk | ZDNet
Breaking a SHA-1-generated SSH authentication key now costs roughly $50,000, putting high-profile remote servers at risk of attacks.
Drugmaker Sanofi to raise over US$11 billion via sale of Regeneron shares
Sanofi will raise over US$11 billion from the sale of 21.6 million shares in its U.S. partner Regeneron, the French drugmaker said on Wednesday, ...
Xbox Series X games won't just look amazing, they'll 'feel' amazing too, says Xbox boss
Xbox Series X will take advantage of higher frame rates and lower input latency, but the benefits can't be felt over video.
Meet Samsung Money by SoFi, a Mastercard debit card and mobile money management experience
Samsung today announced Samsung Money by SoFi, a new Mastercard debit card with exclusive benefits to Samsung Pay and a mobile-first money management experience. Instead of building a solution like Apple Card on its own, Samsung has partnered with fintech company SoFi for Samsung Money.
Reality check on finding new export markets: China's demand dwarfs the rest
Do you stop supplying half of your Shiraz to China because the government says we need to "diversify"? You can't give up that business to pursue wine sales in teetotal India or Indonesia.
Dairy remains ‘resilient’ due to business model
JERSEY’S dairy industry is ready to bounce back after the Covid-19 crisis and continues to be ‘resilient’ due to its mix of local and export markets, an industry spokesman has said.
Not a flight of fancy | Delhi farmer buys plane tickets to send 10 migrant workers to Bihar
He would also drop all the workers in his vehicles at the IGI Airport early on May 28, while following social-distancing norms.
Don’t Get Caught Up in the Hype of Gold Stocks
The current economic events are a plus for gold. But gold stocks have gotten ahead of themselves right now.
The JobMaker policy: It is time to develop workplace reform
Readers discuss the government's plans for industrial reform, job creation and vocational training.
Google faces antitrust case in India to unfairly promote its mobile payments app in country
India’s antitrust body is looking into allegations that Alphabet Inc’s Google is abusing its market position to unfairly promote its mobile payments app in the country, five sources familiar with the case told Reuters
Identify private hospitals to treat COVID-19 patients for free or at nominal cost: SC to Centre
The bench was hearing an application filed in a plea which has sought a direction for regulating the cost of treatment of COVID-19 at private hospitals across the country.
3 Gold Stocks to Buy on the Dip
Profit taking is knocking gold stocks off their perch, but the weakness is temporary. Here's how to buy-the-dip for high probability profits.
Coronavirus lockdown: Kerala to open liquor shops from tomorrow
The Kerala government has lauched the BevQ mobile app for virtual queue management of the liquor sale.
UK: EE launches 5G plans with Reserve Data and BritBox option
EE has announced the availability of Smart, Essential, and Smart SIM 5G plans. The company has also made the BritBox streaming service available as a Swappable Benefit on Smart plans.
Jags OC Jay Gruden says it's his job to 'mesh' with QB Garden Minshew
May 27 (UPI) -- New Jacksonville Jaguars offensive coordinator Jay Gruden said it will be his job to "mesh" his personality with quarterback Gardner Minshew in 2020.
Surprise: Another Research Study Tries to Tie Fox News to Coronavirus Deaths
The National Bureau of Economic Research has completed a new academic study which concluded that watching Fox News during the coronavirus pandemic just might kill you, or at least put you in danger. Researchers from Columbia University and the University of Chicago concluded that Fox News convinced an alarming number of viewers to ignore social distancing guidelines.
Boeing slashes 12,000 jobs as virus seizes travel industry
Boeing is cutting more than 12,000 jobs through layoffs and buyouts as the coronavirus pandemic seizes the travel industry. And the aircraft maker says more cuts are coming.
Fix training to end the quiet Australians' fear of uncertainty
Vocational education reform is about encouraging the quiet Australians to profitably invest in their own human capital, so they need not fear Australia’s 21st-century end of certainty in an information age and globalised economy.
A High-Profile Acquisition Shows Bitcoin Demand from Institutions is Surging
The world is experiencing the worst financial crisis in decades, but the bitcoin market has its own route. Coinbase plans to buy Tagomi.
Samsung Money is the company's Samsung Pay linked debit card
Samsung has provided more details about its Samsung Money debit card program for which it has partnered with SoFi and Mastercard. The debit card will be available in the U.S. from later this summer.
Gold Stocks Are a Safe Haven From the Upcoming Recession
If the global recession gets worse in the rest of the year, then gold stocks may continue to be good buys.
Tesla price target raised over Fremont’s reopening, strong Model 3 demand in China
Tesla (NASDAQ: TSLA) received a higher price target from Dan Ives of Wedbush Securities on Wednesday morning, with the analyst putting his estimates at $800 a share. His previous mark was roughly a third less than his updated price target. Ives’ increase in the price target for TSLA stock is based on his opinion that […]
The HDHomeRun Scribe Duo on sale for $150 lets you watch and record over-the-air TV
The Duo part means it has two tuners so you can stream two programs to a variety of devices. Use the 1TB DVR to record up to 150 hours of TV. Works with signals from Standard Definition to 8K. Pair this with an HDTV antenna if you don't have cable.
Desperate single dads form long queue outside food bank so they can feed their kids
Shocking footage shows the men inside Elephant and Castle shopping centre in a long line leading up to the office of the Dad's House food bank in south east London
London Camera Exchange: ‘Customers have been great’
For the latest of our chats with major retailers to see how they are coping with the pandemic, we meet Adrian Deary, marketing and communications manager of London Camera Exchange (LCE).
Denmark residents sue over laws for dismantling 'ghettos'
STOCKHOLM — A group of Copenhagen residents sued the Danish government Wednesday over legislation that authorized dismantling neighbourhoods designated as “ghettos,” arguing that the measures discriminate on the basis of ethnicity and should be overturned in court.
Tesla Cutting Car Prices to Spur Demand
The electric vehicle company had strong first-quarter results, but COVID-19 related lockdowns have put a damper on North American car sales.
Gold Price News and Forecast: XAU/USD at $1,700 again [Video]
With broad risk appetite turning positive in recent sessions, we have seen gold slipping lower. The positive near term outlook been gradually replaced
The Trump Administration’s War on Huawei Could Hurt These 3 Stocks
TSMC and two other tech giants could become collateral damage in the tech war.
Lawmakers urge Trump to cancel DC's July 4 event: 'Impossible to put on safely'
A group of lawmakers representing the National Capital Region is calling for the Trump administration to drop plans to hold a second "Salute to America" Fourth of July celebration in Washington, D.C.
Trai unlikely to take up floor price issue for 2 mths over Covid-19: Report
Telecom players recently renewed their demand and asked Trai to move forward quickly on the issue of fixing floor price for tariffs
The Best Way to Play the Current Tech Rally Is eBay Stock
Covid-19 is bringing renewed interest in eBay stock, but the company's potential extends far beyond the current crisis. Here's why.
[Update: Rolling out] Google Maps adds ‘Support this business’ section linking to gift cards, donations
Local businesses are struggling amid the ongoing COVID-19 pandemic due to decreased foot traffic sales. Google business listings donate...
United Spirits Q4 results: Net profit plummets 81% to Rs 24 crore
The maker of McDowell's whiskey said underlying net sales declined 11.08% to Rs 6426.4 crore.
India's GDP growth may rebound to 5% in FY22: Former RBI chief Subbarao
Rating agency Crisil on Tuesday had said the Indian economy may shrink by 5% in fiscal 2021, adding this recession could be the country's fourth since Independence and perhaps the worst to date
UTB to market Uganda as safest destination after COVID-19
Kampala, Uganda | THE INDEPENDENT | The Uganda Tourism Board (UTB) has unveiled plans to aggressively market Uganda as the safest destination to visit after the COVID-19 but also re-brand destination Uganda. UTB Chief Executive Officer Lilly Ajarova said that the COVID-19 pandemic has put the world tourism sector back to the same level and …
Samsung Money is Now Official, Brings a Debit Card Linked to Samsung Pay
Only last month we talked about how Samsung is planning on launching their own debit card and now it has happened. Samsung Money is now official; it is in partnership with SoFi, which is an online personal finance company based out of San Francisco. by partnering up with the company, Samsung Pay would see a …
EUR/USD Price Analysis: Bulls await a sustained move beyond 200-day SMA
The EUR/USD pair rallied nearly 100 pips from an intraday low level of 1.0934 and jumped to the highest level since early April. Bulls, however, strug
COVID-19 rent aid for businesses, landlords to cost $520 million, PBO says
Parliament's spending watchdog estimates a federal program aimed at giving small businesses a break on their rent could cost the public purse $520 million this fiscal year.
Russell Investments Group Ltd. Has $4.26 Million Stake in Foot Locker, Inc. (NYSE:FL)
Russell Investments Group Ltd. boosted its holdings in Foot Locker, Inc. (NYSE:FL) by 77.1% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 193,526 shares of the athletic footwear retailer’s stock after purchasing an additional 84,231 shares during the quarter. Russell Investments […]
Fewer Australians feeling depressed by the crisis
The proportion of Australians expecting the effect of the pandemic on economic activity to last for more than 12 months has fallen from 57 per cent to 50 per cent.
The 3 Best Stocks for Beginning Investors
Beginning investors can profit from stable blue chip firms with consistent dividends. Find out which stocks make the grade.
Cruise stocks soar 10% as reopening optimism lifts virus-slammed industries
Royal Caribbean, Carnival, and Norwegian Cruise Line Holdings all surged at least 10% on Wednesday as sectors hit hardest by the coronavirus and related lockdowns rally on reopening hopes.
Australian Dollar Hit by News China will Now Target Aussie Coal Exports
The Australian Dollar turned sharply lower against the Pound, Euro and U.S. Dollar as well as the majority of its G10 peers amidst signs China was looking to ramp up economic pressure on Australia
Kudimaramathu works inspected
NAGAPATTINAMThe ‘Kudimaramathu’ works for strengthening of waterbodies undertaken by the Public Works Department in Kollidam, Mayiladuthurai and Sirkazhi panchayat unions a cost of ₹ 87 lakh were insp
Australian police drop probe of reporter, whistleblowera
Australian police on Wednesday dropped the investigation of a prominent journalist and government whistleblower over leaked government secrets, ending a case which sparked wide-ranging debate over press freedom in the country.
Tesla knocks $5,000 off Model X price as coronavirus hurts demand
Just call it the coronavirus discount. Tesla this week cut the prices of its vehicles in North America as auto demand has taken a hit thanks to pandemic-related lockdowns across the region. The Model
Investors hot in pursuit of ETFs
The demand for exchange traded funds has held up well despite the virus-induced crisis in the markets.
Bill to regulate mobile money transactions gets committee nod
Kampala, Uganda | THE INDEPENDENT | The Finance Committee of Parliament has approved a bill which seeks to provide for supervision and oversight of mobile money transactions. Currently, Uganda does not have a comprehensive payment system law. As a result, there is limited regulation and oversight of payment systems and inadequate protection of payment and …
Banks not passing rate cut benefits to borrowers, developers: CREDAI to RBI
RBI has directed the banks to link floating rates on housing loans to external benchmarks
IEA forecasts a 20% drop in global energy investment in 2020
The Paris-based IEA said this could have serious repercussions for energy security and the transition to clean energy as the global economy recovers from the pandemic
Braddon Northbourne Flats site on the market again, a year after failed sale
The 15,607-square-metre site of the former Northbourne Flats public housing in Braddon will be auctioned next month.
Over $500m to help digital transformation of companies
More than 32,000 people have been infected in Singapore, leaving 23 dead. The Covid-19 pandemic has wreaked havoc here and across the globe, and upended all economies. One irony, though, is that the pandemic has accelerated the drive for digital transformation among...
Building The Bubble: Demand For Trans-Tasman Travel Soaring
Research conducted in both New Zealand and Australia by leading market research agency Opinion Compare, shows the desire of both countries to travel to respective countries is surging. An online survey of nationally representative samples in both countries (n=522 in New Zealand, n=504 in Australia) showed high intention and desire for Trans-Tasman travel.
How Australia is Balancing Between Economic Reliance on China and Total Strategic Dependence on US
Following in the footsteps of Washington, Australia is ramping up tensions with Beijing despite its huge economic dependence on China, say Professor Alexander Gillespie...
Gold Price Analysis: Pressed to critical support, break or bounce? – Confluence Detector
Gold has been dropping from the highs amid an upbeat market mood that turned unfavorable for the precious metal. Can it recover? XAU/USD is sitting at
Jurong sees two more spots listed as places visited by people infected
The Health Ministry has named the wet market at Block 963 Jurong West Street 91 and FairPrice Xtra in Jurong Point as public places visited by people with Covid-19 for more than 30 minutes when they were infectious. It added these two spots to Jurong Point's FairPrice...
Banks well-positioned to withstand COVID-19 hit as loan defaults expected to rise - Reserve Bank report
The latest Financial Stability Report uses 'stress tests' to assess bank resilience.
What's behind the bank rally
The three forces driving the stunning rally in bank shares over the past few days speak to a change in the mood of local investors.
Ola Electric to launch e-scooter in 2021
AUTO News: Ola Electric will be launching its electric two-wheeler in Indian and global markets in 2021. Etergo's AppScotter, which is an all-electric two-wheele
4th Budget sets aside $33b more to help workers, businesses
The Straits Times/ANN - Deputy Prime Minister Heng Swee Keat yesterday announced a $33 billion supplementary Budget aimed primarily at helping workers and businesses pull through the Covid-19 pandemic and the bleak economic outlook ahead.
Glenmark Pharmaceuticals receives approval from USFDA to market generic drug for muscle pain in American market
Glenmark Pharmaceuticals on Wednesday said its subsidiary has received approval from the US health regulator to market Chlorzoxazone tablets, used to treat muscle pain, in the American market
Government has no choice, must listen to wise counsel: Chidambaram
NEW DELHI: The Congress, after rejecting the government’s economic package announced to revive the economy, has said that sooner than … Government has no choice, must listen to wise counsel: Chidambaram Read More »
Commentary: Despite stiffer competition, Zoom is ahead of the pack
It’s not just Zoom’s popularity and use that has increased during COVID-19, the company’s share price has surged too, says Adrian Tan.
Very positive on Bharti Airtel, use dips to accumulate stock: Dipan Mehta
‘Telecom is one industry which is able to maintain its present earnings power
Banks approve 90% of applications to defer mortgage payments
Banks have approved about nine in 10 applications by property buyers to defer mortgage payments. They have also approved more than 90 per cent of applications submitted by small and medium-sized enterprises (SMEs) to defer payments on secured loans. These...
Students likely to get credits for online courses
Bid to salvage academic year hit by COVID
Financial complaints watchdog inundated with calls linked to pandemic
Banking and finance companies were responsible for almost half of the 3000-plus complaints to the Australian Financial Complaints Authority, while almost 700 related to customers in financial difficulty.
The price of Twitter’s ‘fact-check’ on President Trump
After President Trump’s fevered conspiracy tweets about Joe Scarborough’s former intern Lori Klausutis, her widower, T.J. Klausutis, begged the company to delete them. It was a heartbreaking plea
Commentary: What a lousy time to graduate, what an unfair handicap for graduating students
This year’s graduates are entering the worst economy since the Great Depression, says the Financial Times' Brooke Masters.
Care worker counting the cost as new bike broke down leaving him unable to work
He says he shelled out £1,500 for a new bike but it broke down on his first journey
Gold: On the verge of losing the $1700 level
Gold pulled back on Tuesday as the risk theme turned positive and equities rose. The price moves lower toward $1700, FXStreet’s analyst Rajan Dhall re
After decade of work, Victoria firm submits lupus drug to FDA for approval
Victoria pharmaceutical firm Aurinia is one step closer to bringing to market its treatment for lupus nephritis after submitting a new drug application to the Food and Drug Administration in the . . .
Police break up bank holiday party at Tory MP Rob Roberts's house
Two visitors were asked to leave the house of Rob Roberts, MP for Delyn in north Wales, and balloons and banners were seen outside.
First-time buyers who'd 'never done DIY' give the 1960s time-warp home they bought 'on a whim' a stunning £50,000 makeover - and now it's worth £65,000 more than they paid
Rosie Potter and Jacob Flurry from Bristol, had no plans to buy until they spotted 1960s Twin Trees. After realising it was still on the market months after they viewed it, they put in a 'cheeky' offer.
Covid-19 lockdown: Indian economy to contract 5% in 2020-’21, predicts Fitch Ratings
The contraction is mainly because of the sharp slump in consumer spending and fixed investment amid a ‘very stringent’ lockdown policy.
$100 utilities credit for households with at least one Singaporean
All households with at least one Singaporean member will receive a one-off $100 sum to cover their utility bills. This sum, known as the Solidarity Utilities Credit, will be credited in their utilities bill in July or August and covers all property...
Preview: A Youth Dialogue with ECB’s Lagarde on the COVID-19 response
The European Central Bank (ECB) President Christine Lagarde’s speech will be closely eyed ahead of the European Union (EU) Summit to reach an agreemen
Australian police drop probe of reporter, whistleblower
Australian police on Wednesday dropped the investigation of a prominent journalist and government whistleblower over leaked government secrets, ending a case which sparked wide-ranging debate over press freedom in the country.
NZD/USD: Basking in the wave of risk-on euphoria – ANZ
The kiwi basked in the euphoria of the S&P 500 breaking 3000 and broke the 0.6170 resistance. The NZD/USD will remain bid, but analysts at ANZ Bank ar
Report: AfDB succumbs to US’ demand, agrees to independent probe of Adesina
This comes after US treasury secretary rejected the report of the bank's ethics board which absolved Adesina of allegations of favouritism.
Five9 Inc (NASDAQ:FIVN) Shares Purchased by Swiss National Bank
Swiss National Bank boosted its holdings in Five9 Inc (NASDAQ:FIVN) by 2.1% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 118,500 shares of the software maker’s stock after acquiring an additional 2,400 shares during the quarter. Swiss National Bank owned […]
3 Stocks to Buy After You Take Profits on Wayfair Stock
Wayfair stock benefited from the novel coronavirus and is up big year to date. It’s time to consider other stocks.
NCLT approves IL&FS stake sale in GIFT City to Gujarat govt
That sale consideration payable to IL&FS excluding resolution process costs shall be credited into a designated escrow account intimated to the infrastructure lending group
French political power couple lose appeal against money-laundering conviction
The Paris Court of Appeal on Wednesday found veteran right-wing politicians Patrick and Isabelle Balkany guilty of money-laundering and sentenced them both to jail, sealing the power couple’s fall fr…
Coronavirus pushes global credit rating downgrade threat to record high
LONDON (Reuters) - The number of companies or countries at risk of having their credit ratings cut has been pushed to an all-time high by the coronavirus pandemic, S&P Global analysis shows.
China to roll out eleven measures to deepen financial reforms
The measures would include accelerating capital replenishment of small and medium-sized banks, further opening up the credit rating sector, promoting the steady development of the "panda bond" market, and stepping up crackdown on financial irregularities.
Russell Investments Group Ltd. Sells 40,321 Shares of AMN Healthcare Services, Inc. (NYSE:AMN)
Russell Investments Group Ltd. reduced its holdings in AMN Healthcare Services, Inc. (NYSE:AMN) by 36.7% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 69,520 shares of the company’s stock after selling 40,321 shares during the period. Russell Investments Group Ltd. owned approximately 0.15% […]
Lukewarm turnout at liquor shops not a cause for comfort
KARAIKAL Though there was no overcrowding in front of the IMFL, arrack and toddy shops in Karaikal on Monday and Tuesday, purportedly due to the price hike, social activists express apprehensions that
US is ready to mediate India-China border dispute, says Donald Trump
'We have informed both India and China that the United States is ready, willing and able to mediate or arbitrate their now raging border dispute,' tweeted Trump.Trump's comments come in the backdrop of the continuing standoff between the militaries of India and China at the Line of Actual Control
Russell Investments Group Ltd. Purchases 14,252 Shares of SPS Commerce, Inc. (NASDAQ:SPSC)
Russell Investments Group Ltd. boosted its position in SPS Commerce, Inc. (NASDAQ:SPSC) by 18.7% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 90,380 shares of the software maker’s stock after purchasing an additional 14,252 shares during the period. Russell Investments […]
Row over naming Bengaluru city's flyover after Veer Savarkar
Leader of Opposition and Former Chief Minister Siddaramaiah termed the move to name the flyover after Savarkar as an insult to freedom fighters from Karnataka's soil and urged Yediyurappa to drop it and instead name it after a freedom fighter from the state.
Govt may launch coal blocks auction process under commercial mining on 11 June; 50 mines likely to be put on sale
The government last week approved a methodology for commercial mining of coal on revenue sharing basis.
Xiaomi Mi TV stick is real - it looks sleeker than the Mi Box 4K
The Mi Box 4K was launched recently in India and is priced at Rs. 3,499. It runs on Android TV 9 Pie, with support for 4K streaming and HDR up to the HDR10 standard.
Tesla’s Model S and Model X EVs are now $5K cheaper — but there’s no more free Supercharging
Buying a new Tesla got a little less sweet on one hand and sweeter on the other. Its cut the price of Model S and X EVs, but removed free Supercharging.
Nissan-Renault alliance to share more parts, technology
The auto alliance of Nissan and Renault said Wednesday it will be sharing more vehicle parts, technology and models to save costs as the industry struggles to survive the coronavirus pandemic.
Sun Pharma FY20 results: Profit rises 41% to Rs 3,765 crore, sales up 13%
For the fourth quarter ended March 31, 2020 (Q4 FY20), Sun Pharma posted a 37 per cent YoY decline in consolidated profit at Rs 399.8 crore due to one-time loss of Rs 260.6 crore
B2B credit network Fundbox secures fresh investment from MUFG
US B2B payment and credit network Fundbox has secured a fresh equity investment from MUFG Innovation Partners, the corporate capital arm of the giant Japanese bank.
Sterling Bancorp: Deposit Repricing To Counter High Credit Costs, Yield Decline
Provision expense will likely be higher than normal in the second quarter due to the deterioration in the economic outlook. The maturity of expensive deposits a
Why can’t private hospitals awarded free land treat Covid-19 patients for free, asks SC
Seeking a reply from Centre on the matter in a week, the apex court said hospitals which can treat such patients for free or at a nominal cost must be identified.
The EU plans a record-breaking new stimulus package of $826 billion to soothe Europe’s economic pain from the coronavirus
The European Commission unveiled a planned deployment of 750 billion euros ($826 billion) on Wednesday as part of its new long-term budget and recovery plan to help fight the impact of the coronavirus on the continent’s economy.
NHAI offers 'COVID loan' to private operators at 2% more than bank rate
The NHAI will disburse 'COVID-19 loan' within 60 days of receiving a valid request from the concessionaire. The loans will be granted only to those parties who are not in default of contractual obligations as on February 19, 2020
Mike Tyson said he was 'drinking, gorging on food, and f------ women' when he was 'out of control' before filing for bankruptcy in 2003, Business Insider - Business Insider Singapore
Business Insider - "[Having] orgies; I was crazy. I bought a lot of cars for girls," Tyson said. "You can't have bitches around when you're young. they f--- up money.". Read more at businessinsider.sg
Pac-Man is in Minecraft now and it's kind of rad
A few years back Microsoft introduced a marketplace into Minecraft: a place where content creators could share their creations and also share a cut with the game's publisher. Although plenty of free Minecraft creations still exist in the fr...
Open banking investment higher in the UK than any other European country
Consumers will be able to enjoy greater freedom when using financial products following reforms and growing investment.
Trump’s silver lining — economic numbers could be surging by Election Day
There is one possible silver lining for President Trump in the dismal economic numbers that have followed the coronavirus lockdowns and jeopardized his reelection: There is nowhere to go but up.
Rupee slips 8 paise to 75.74 against US dollar in early trade
The rupee depreciated 8 paise to 75.74 against the US dollar in opening trade on Wednesday as market participants were concerned about rising tensions between Washington and Beijing in the wake of
Virgin Galactic Stock Will Reach $30 Again, but the Timeline Is Cloudy
Investors should expect a slow build in SPCE stock with an eye towards an eventual doubling of the share price.
The DOJ has dropped its probe into 3 US senators who dumped stock work millions shortly before the coronavirus market crash
The Department of Justice is dropping its investigation into three US senators accused of insider trading over stock sales made after they received closed-door briefings on the novel coronavirus.
Japan approves fresh $1.1-trillion stimulus to combat economic impact of coronavirus
The record stimulus of 117 trillion yen, which will be funded partly by a second extra budget, followed another 117 trillion yen package rolled out last month
Metal stocks continue to climb up amidst a volatile market; top stock picks leading brokerage firms
For a second-day straight, metal stocks on the bourses were seen surging higher despite the volatility being faced by the benchmark indices.
The EU plans a record-breaking new stimulus package of $826 billion to soothe Europe's economic pain from the coronavirus, Business Insider - Business Insider Singapore
Business Insider - The European commission aims to fund its recovery plan by raising unprecedented sums on the financial markets.. Read more at businessinsider.sg
Revealed: conservative group fighting to restrict voting tied to powerful dark money network
Honest Elections Project, part of network that pushed supreme court pick Brett Kavanaugh, is now focusing on voting restrictions
The DoJ has dropped its probe into 3 US senators who dumped stock work millions shortly before the coronavirus market crash
Senators Loeffler, Inhofe, and Feinstein sold stock earlier this year — but said the move was made by money managers without their direct involvement.
Royal Bank Q2 profit cut to $1.48 billion compared with $3.23 billion a year ago
A massive increase in provisions for bad loans due to the COVID-19 pandemic resulted in Royal Bank of Canada reporting a 54 per cent decline in its second-quarter profit.
Tesla reduces car prices in North America and China
Adjustments in prices come amidst the reduction in car demand during the coronavirus crisis. Tesla has announced that prices of cars will be cut in North America, and China in a bid to increase sales.
Masks on for earnings conference calls, COVID-19 style
Sneeze shields, contactless drop-offs, and now cloth masks for all employees. The pandemic has changed practices for businesses such as lab giant ALS.
Knauf calls in the bankers as Aus building materials sector in play
German building materials giant Knauf has thrown its Australian assets into a wider industry shake-up, and is considering options including a merger or sale to another trade player or private equity firm.
Uddhav Thackeray holds meeting with key Maha Vikas Aghadi leaders | India News
File photo MUMBAI: Against the backdrop of the recent political activities in Maharashtra and with just a few remaining for … Uddhav Thackeray holds meeting with key Maha Vikas Aghadi leaders | India News Read More »
Formula One team McLaren cuts 1,200 jobs, scales back racing wing as coronavirus crisis hit sales
McLaren is a grand name in British racing and the second-oldest team currently on the circuit, trailing only Ferrari in total number of wins.
10 things you need to know before the opening bell
Here’s what you need to know before the markets open.
The Daily Chase: RBC, BMO Q2 profits sink; Huawei CFO hearing
Royal Bank Canada and Bank of Montreal saw their profits cut in half in the fiscal second quarter, and missed expectations in the process, as provisions for credit losses ballooned at both institutions.
Tesla lowers Model S, Model 3, and Model X pricing in eve of coming battery milestones
Tesla has implemented a series of price adjustments for the Model S, Model 3, and Model X. Based on observations from the Tesla community, several variants of the three vehicles have seen their prices drop by as much as $5,000, on the eve of Tesla’s speculated rollout of its next-generation batteries. Recent reports indicate that […]
Metal stocks to benefit in a big way if China announces another stimulus: Ajay Bagga
‘Tractors and two wheelers will continue to do well as rural economy is in robust health
How to watch HBO Max for free
HBO Max is the latest streaming platform on the market, and we've found all the methods out there for watching it for free
World Bank provides $346 million to strengthen resilience, livelihoods in Lake Chad region
It explained that overall, the Lake Chad region suffered from poor development and economic indicators compared to the averages in the four countries.
Congress to launch campaign to demand govt deposits Rs 10,000 in bank accounts of poor
Every poor should get Rs 10,000 in his bank account. We will demand that the Centre credits the amount to the (bank accounts of the) poor as part of the digital campaign," Sachin Pilot said. He said putting money into the pockets of the poor is necessary to accelerate demand in the market.
Rhumbline Advisers Purchases 7,594 Shares of Meritage Homes Corp (NYSE:MTH)
Rhumbline Advisers lifted its position in shares of Meritage Homes Corp (NYSE:MTH) by 6.0% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 134,215 shares of the construction company’s stock after purchasing an additional 7,594 shares during the period. Rhumbline Advisers owned […]
Ardern And Peters Both Untrustworthy On Level 1, Kiwis Paying The Price
“Neither the Prime Minister nor the Deputy Prime Minister can be trusted on the issue of Alert Level 1 and Kiwis are paying the price,” according to ACT Leader David Seymour.
The places in Wales which have received the most money from Welsh Government business grants during coronavirus crisis
£639m has been given to businesses in Wales
AfDB board bows to US pressure to probe its president
Africa’s largest multilateral lender decided on the inquiry after several governments backed U.S. Treasury Secretary Steven Mnuchin’s criticism of a bank-led examination into the allegations, the
NPCC says PDA has failed on all fronts; demand dismissal of govt
Alleging that the ruling PDA government has failed on all fronts, the Nagaland Pradesh Congress Committee (NPCC) Tuesday demanded that the governor step in to salvage the situation by dismissing “this incompetent and callous government”, which it said was “only interested in clinging on to power at whatever cost.”
Electric XC40 Recharge goes on sale in the UK
Prices for Volvo’s first electric car start at £53,155.
Severe lockdown will ruin Indian economy: Health expert Johan Giesecke to Rahul Gandhi
Claiming that a severe lockdown may disrupt the economic growth, Giesecke told Rahul Gandhi, "India has to ease restrictions one by one.
10 things you need to know before the opening bell
Here’s what you need to know before the markets open.
Indian Banks may need $20-50 bn capital over next 1-2 years as bad loans set to rise
Fitch Ratings has pegged the total capital requirement for India's banking sector at $50 billion.
Chinese and French State-owned Enterprises Bid to Construct UK's Second Nuclear Reactor in UK
As the United Kingdom looks to revive its economy as it emerges from the coronavirus pandemic and pursues trade agreements after formally withdrawing from the European...
COVID-19 rent aid for businesses, landlords to cost $520 million, PBO says
OTTAWA - Parliament's spending watchdog estimates a program aimed at giving small businesses a break on their rents could cost the federal treasury $520 mil
Moderate participation expected in spectrum auctions: ICRA
IANS Mumbai Rating agency Investment Information and Credit Rating Agency (ICRA) expects moderate participation for the upcoming spectrum auctions at
Cuomo to press Trump on reviving US economy with roads, bridges in White House meeting
WASHINGTON, May 27 — New York Governor Andrew Cuomo will press President Donald Trump to invest in the nation’s roads, bridges and rails during a White House meeting today as US states begin to reopen after the coronavirus outbreak left the economy in tatters. Cuomo’s visit to Washington...
OnePlus 8 Pro prices skyrocket from secondhand sellers as stock issues continue
A shortage of OnePlus 8 Pro units has left secondhand units being sold for considerably higher prices than you'd find at retail.
Samsung Money: This is Samsung’s answer to the Apple Card
As reported previously, Samsung is introducing a physical debit card that’s integrated with Samsung Pay. The solution is called Samsung Money and it’s released in partnership with SoFi and Mastercard.
Debt downgrades can push India bank fund raising to $20 billion
A legacy of bad loans, a shadow banking implosion and a historic bank bailout in March have left Indian lenders weakened coming into the coronavirus lockdown.
The coronavirus crisis will be 'hugely beneficial' to Amazon and other tech giants, billionaire investor Bill Ackman said, Business Insider - Business Insider Singapore
Business Insider - To the extent that investors are driving up stocks to reflect tech's bright prospects, the market "doesn't seem wrong to me," Ackman said.. Read more at businessinsider.sg
Etsy: Downgrading On Valuation And Competition
Shares of Etsy have been a major outperformed this year, rising 64% year-to-date despite a ~10% decline in the broader markets. The company has continued strong
Why General Electric Stock Jumped Nearly 10% at the Open Today
The conglomerate's turnaround effort took another (small) step forward with the sale of an iconic division.
Tuesday Morning becomes 5th big retailer to file Chapter 11
Discount goods retailer Tuesday Morning has filed for Chapter 11 bankruptcy protection, the fifth major retailer to do so since the pandemic.
CMU failed to disclose bank accounts during AGD audit
Members of the Public Accounts Committee (PAC) were told yesterday that the Caribbean Maritime University (CMU) did not furnish information on all the bank accounts it had during a special audit by the Pamela Monroe Ellis-led Auditor General’...
GDP growth may rebound to 5% in FY22: Former RBI governor
The economy, which is likely to contract by 5 per cent in the current fiscal year, may expand by around 5 per cent in the next financial year, former RBI governor Duvvuri Subbarao said. Rating agency
The coronavirus crisis will be ‘hugely beneficial’ to Amazon and other tech giants, billionaire investor Bill Ackman said
Stocks may be outperforming because US technology titans are poised to become even more dominant thanks to the coronavirus pandemic, billionaire investor Bill Ackman told The New York Times earlier this month.
Lane Neave Advises MIE Pay On Australian Listing
Lane Neave has advised financial and technology company MIE Pay Limited on the New Zealand aspects of its listing on the National Stock Exchange of Australia.
Andhra Pradesh CM Jagan Mohan Reddy says education is answer to poverty
The incentivizing begins with Amma Vodi where Rs 15,000 would be credited to the mother’s account for sending her children to school.
NerdWallet: Looking for safer ways to pay? Go contactless
Breaking old habits of forking over cash or swiping a credit card may be challenging, but contactless payments themselves are easy to use and may even help slow the spread of the coronavirus.
Is Northern Oil And Gas Worth The Risk At This Price
We discuss Northern Oil and Gas's unique business model and how it may be a strategic advantage. We lay out the company's history of share dilution and will let
Tuesday Morning becomes 5th big retailer to file Chapter 11
Discount goods retailer Tuesday Morning has filed for Chapter 11 bankruptcy protection, the fifth major retailer to do so since the pandemic.
Instagram will share revenue with creators for the first time through ads in IGTV
Plus, more options to make money on Instagram Live.
Carlyle-backed ZoomInfo looks to raise about $800 million in Nasdaq listing
(Reuters) - ZoomInfo Technologies Inc expects to raise up to $801 million in its U.S. initial public offering (IPO), as the market for new issues rebounds after the COVID-19 pandemic put several debuts on hold for a couple of months.
Germany based Digital Bank N26 Publishes Survey Results Including US and European Markets
N26, a Germany-based digital bank that recently closed on $100 million funding as part of an extended Series D, is distributing survey results regarding the US
Euro zone economy to shrink between 8% and 12% this year: Christine Lagarde
Lagarde said the actual outcome would be between the "medium and "severe" scenarios
Instagram Wants Its Influencers to Make More Money
The platform announced updates aimed at helping creators monetize their audience.
Coronavirus impact: Cement production to witness steepest fall ever of upto 30% in FY21
The slowdown in cement industry, which was already impacted by tepid economic activity, was compounded by the coronavirus-led lockdown instituted in March
Pub jobs at risk unless social distancing is cut to one metre, trade groups warn
Expecting pubs to contribute to furlough costs whilst they are still closed is ‘madness’, Chancellor told.
Tesla slashes EV prices by as much as six percent in North America
Tesla has slashed the price of its electric vehicles by as much as six percent in North America due to waning demand caused by the ongoing Covid-19 pandemic.
Bond market signals rocky road ahead for Tata Motors, Jaguar Land Rover
JLR bonds trading at record yield of 13.2%, more than double since the pandemic broke out
Dow climbs 350 points as investors cheer efforts to boost global economies
US stocks rose on Wednesday as investors were encouraged by signs that global authorities were taking measures to boost economies. The European ...
Lawmakers urge Trump to cancel 'Salute to America' on July 4
May 27 (UPI) -- A group of U.S. lawmakers have urged the Trump administration to drop plans for another "Salute to America" celebration in Washington, D.C., on the Fourth of July this year, saying it would be impossible to stage safely.
New Zealand Facing Largest Decline In GDP In 160 Years
Estimates from the Reserve Bank today show New Zealand will this year experience the largest decline in annual GDP in at least 160 years, highlighting the seriousness of the economic crisis we are facing, National’s Finance Spokesperson Paul Goldsmith says.
African Development Bank chief hits back over graft accusations
'I maintain my innocence with regard to trumped-up allegations that unjustly seek to impugn my honor and integrity, as well as the reputation of the African Development Bank,' says Akinwumi Adesina
Paw-fect! Karnataka Police Gears up For Admission of 50 Dogs to Strengthen The Squad
Costing Rs 2.5 crore, a squad of 50 dogs will be inducted to strengthen the Karnataka Police force
Bankrupt Hertz just told all of its landlords it won't pay rent for six months in the latest slam to commercial real estate, Business Insider - Business Insider Singapore
Business Insider - The notice came several days before Hertz, saddled with a debt of $19 billion, declared bankruptcy on May 22.. Read more at businessinsider.sg
How To Get Nearly $10,000 Off A New 2020 Chevy Silverado
Costco offers incentives on the Silverado, Suburban, and Tahoe that combine with Chevy's existing deals that are available elsewhere.
Why the Math Doesn’t Work for Chesapeake Energy
When you’re competing in an overly saturated market with extremely poor financials, it will never end well. That’s why you must avoid CHK stock.
Software solution predicts costs for manufacturers
New software designed to help manufacturers better predict and adjust costs may assist organizers one day with huge events such as the Olympic Games.
Amazon's Fire TV Cube drops to $100
Amazon is discounting some of its streaming gear today, with price cuts on its Fire TV Cube, Fire TV Stick and Fire TV Stick 4K.
Pub jobs at risk unless social distancing is cut to one metre, trade groups warn
Expecting pubs to contribute to furlough costs whilst they are still closed is ‘madness’, Chancellor told.
Moderna falls 20% amid reports that insiders have sold $89 million in shares this year as the stock has spiked (MRNA)
Moderna dropped as much as 20% on Wednesday amid a report from StatNews that insiders at the biotech company have liquidated $89 million in stock so far in 2020.
Piyush Goyal asks industry to start working for post-Covid period; says worst for economy is over
India Business News: Commerce and industry minister Piyush Goyal on Wednesday asked the industry to start working for the post-COVID period with good ideas and firm implem
As SPCE Stock Remains a Moonshot, Stay on the Sidelines
A "wait-and-see" approach may be the best way to play SPCE stock, as the company remains highly speculative.
India may need to pump Rs 1.5 trn into coronavirus-hit state banks: Report
"The situation is very grim," the source said, adding that banks would require fresh funds soon
Venezuela's Maduro vows to raise gasoline price as Iranian tanker nears
Venezuelan President Nicolas Maduro on Wednesday pledged to begin charging citizens for gasoline, as the fourth cargo of a five-tanker flotilla bringing fuel from Iran approached the South American nation's exclusive economic zone. Iran is providing the country with up to 1.53 million barrels of
OPPO’s Find X2 Series is finally on sale from these networks and retailers
OPPO announced the Find X2 Series of smartphones back in March and now the full range consisting of the premium flagships Find X2 and X2 Pro are finally on
GOG's Summer Sale has gems like Disco Elysium & Divinity: Original Sin 2 on discount
The GOG Summer Sale has begun, featuring over 3000 deals on games, demos on upcoming releases, and smash hits like Disco Elysium and Divinity: Original Sin 2.
Clinical trials to accelerate adoption of new drug treatments in Saudi Arabia
RIYADH: Clinical trials in Saudi Arabia could speed up the adoption of new drugs locally, a pharmaceutical executive has told Arab News. “Clinical trials have two very big benefits for the Kingdom. Firstly, they provide data in the long run with respect to safety and efficacy, catered specifically to the Saudi population. Secondly, they impact local investment and build
Japan OKs funds for US$1.1T stimulus to fight pandemic woes
Japan's Cabinet approved a proposed 32 trillion yen (US$296 billion) supplementary budget on Wednesday to help fund $1.1 trillion in measures to cushion the blow to the economy from the coronavirus pandemic.
LINK Has Grown 4x In The Last Year, And May Keep Growing
Chainlink was likely the best altcoin investment of the last 12 months - up nearly 4x from its $1 price last May. Partnerships continue to increase, including a
Nio Stock Is a Solid Buy After Rough Week
Nio stock took a beating in 2019, but the company is positioned for growth in 2020, with improving sales and extended Chinese EV subsidies.
Reopen the Economy
There is a strong case for the government to review the restrictions and eases them considerably to let the people return to businesses. Going by its economic cost, the lockdown has become unsustainable. As things stand, lockdown is wrecking the businesses, leaving thousands of people unemployed
Pub jobs at risk unless social distancing is cut to one metre, trade groups warn
Expecting pubs to contribute to furlough costs whilst they are still closed is ‘madness’, Chancellor told.
With overseas IPO for Jio Platforms, Mukesh Ambani may look to cash in on tech cold war with China
Going to the New York Stock Exchange or Nasdaq would make sense. U.S.-traded Chinese technology firms such as JD.com Inc. and NetEase Inc. are looking for an alternative home closer to the mainland in case tensions between Washington and Beijing escalate, as my colleague Nisha Gopalan wrote this week.
Save $470 On The Razer Blade 15
Today, you can save $470 on the Razer Blade 15 in Mercury White. That brings the price down to just $2,129. Which is a really good price for this nearly
Woman charged after theft of charity box cash at hospital
A woman has been arrested and charged following the theft of money from a charity box at a Midlands hospital.
“Pick for Britain” is a Smoke and Mirrors Campaign – Political Commentator
According to reports, the British economy could be set to suffer a five percent annual deficit by 2024, as a result of the coronavirus pandemic. Unemployment rates are...
Rouhani urges Iran MPs to 'cooperate' as parliament opens
Many MPs are ultra-conservatives who oppose Hassan Rouhani on almost all issues, from running the sanctions-hit economy and combating the coronavirus outbreak to managing relations with the United States
COVID-19 rent aid for businesses, landlords to cost $520 million, PBO says
OTTAWA — Parliament's spending watchdog estimates a program aimed at giving small businesses a break on their rents could cost the federal treasury $520 million this fiscal year.
Add a Kingston 480GB SSD and Boost Your System Speed for Only $54 (Limited Time Deal)
The Kingston A400 SATA 3 SSD is available for only $54 at Amazon, and you can upgrade your PC without spending too much money
Blue crab stock remains within healthy range
Results from the latest Blue Crab Winter Dredge Survey—conducted annually by the Virginia Institute of Marine Science and Maryland Department of Natural Resources—show the Chesapeake Bay's blue crab ...
'Mother of all sales' predicted for Devon and Cornwall's shops as they reopen
According to experts, there could be the 'mother of all sales' for the next few months
Tulsi Gabbard drops defamation suit against Hillary Clinton
Former presidential contender Tulsi Gabbard dropped her defamation lawsuit against Hillary Clinton on Wednesday, saying the COVID-19 pandemic and 2020 presidential election are more important than her
Northumberland Roman site gets rescue package to help it through coronavirus crisis
Vindolanda Trust gets loan from Lloyds Bank to help mitigate huge loss of visitor income
India may need to pump $20 billion into coronavirus-hit state banks: Sources
The government initially considered a budget of around 250 billion rupees for bank recapitalisations but that has risen significantly, a senior government source with direct knowledge of the matter said, with loan defaults likely to rise as businesses take a severe hit from nationwide lockdowns to tackle the coronavirus.
Wife whose husband won 'more than £250K' on a scratch card reveals his brother and sister want the money to be split three ways - and is branded 'greedy' when she says they plan to keep the money for themselves
Posting anonymously on the British parenting site Mumsnet , the woman explained the dispute over the scratchcard had caused a rift within the family.
AUD/USD risks to visit 0.6000 later this year – Rabobank
The Australian dollar has appreciated steadily despite the grim economic data, however, escalating the tensions between the US and China might endang
Google Pixel 4a release date, price, specs, news and leaks
The Google Pixel 4a may have been delayed, but a launch is expected soon. Here's what we know so far.
Docker announces tighter integration with Azure Container Instances and Visual Studio Code
Microsoft and Docker today announced extended collaboration to simplify cloud development for developers. As part of this extended collaboration, Docker today announced closer integration with Azure Container Instances and Visual Studio Code. This closer integration between Docker and Microsoft will offer the following benefits to developers:
When is Dark season 3 dropping on Netflix and what is it about?
The twisty turny show is back one last time.
Visakhapatnam gas leak: South Korean expert drops plan to leave the country
A South Korean expert who had come to the city to probe the styrene vapour leak from the LG Polymers plant, dropped his plan to leave the country in the last minute, on Wednesday. Also read: HC orders
In pandemic, using drones to drop medical supplies from sky
With a loud whir and a whoosh, a fixed-wing drone slingshots out of a medical warehouse, zips through hazy skies at 80 mph, pops open a belly hatch and drops a box of medical supplies. Slowed by a little ...
The Productivity Commission's Hamed Shafiee says the goal should not be simply to rebuild the economy we had, but to shift gear and find new ways for the economy to reach its full potential
The Productivity Commission's Hamed Shafiee says the goal should not be simply to rebuild the economy we had, but to shift gear and find new ways for the economy to reach its full potential
Nancy Pelosi Calls Republican Efforts To Block Voting By Proxy During Pandemic A ‘Sad Stunt’
‘House Republicans must stop their dangerous obstruction and join Democrats to save lives, defeat the virus and grow the economy,’ she said. Speaker of the House Nancy Pelosi called ...
San Francisco based Fintech Fundbox, a B2B Payment and Credit Network Provider, Receives Investment from Japan’s MUFG
Fundbox, a Fintech firm focused on "disrupting" the global $21 trillion B2B commerce ecosystem with its payment and credit network for B2B transactions, confi
Volkswagen will sell its new European EVs in a similar way to Tesla — here's how it works, Business Insider - Business Insider Singapore
Business Insider - Volkswagen isn't using a fully direct sales model as it will involve the dealership, but it should eliminate the guesswork when buying a car.. Read more at businessinsider.sg
See who's at the door with Eufy's 2K video doorbell on sale for $100
Comes with free wireless chime with fun ringtones. Includes a 2K image with advanced HDR and Distortion Correction. Two-way audio lets you speak in real time to guests. Can detect body shapes and faces, sending you smart alerts that matter.
Huge Washington state unemployment fraud a warning to other states amid coronavirus pandemic
Washington's race to help newly laid-off residents as the coronavirus pandemic ravaged the economy left it vulnerable to such scams, and last week officials hinted at the scope of the damage done: hundreds of millions of dollars paid out in fake claims.
This casino owner is giving away 1,000 free flights to Las Vegas
The flights to Las Vegas are available on a first-come, first-served basis online. Travelers must pay for return flights, hotels and other trip costs.
The Reason Some People Never Return Shopping Carts, According to Science
Leaving a cart abandoned in a parking lot is a social nuisance. What drives people to practice poor supermarket etiquette?
7 American ETFs for the Hometown Crowd
American ETFs stocks are again outpacing their international rivals, giving some credibility to having a home country bias.
The average savings account interest rate is less than 1%, but it's not hard to earn more on your money
The average savings account interest rate is .06 — but opting for a high-yield savings account instead is an easy way to earn more than that.
GBP/JPY Price Analysis: The pound fails at 133.00 again
Sterling’s rally from 130.65 lows last week has been unable to extend beyond the 133.00 level, for the fourth time so far this month, and the pair has
Boeing slashes 12,000 jobs as coronavirus impacts travel industry
A Boeing spokesperson said Wednesday's actions represent the largest number of job cuts, but several thousand additional jobs will be eliminated in the next few months
Covid-19 tests cost the State €200 each, says Taoiseach
‘Months rather than weeks’ before 14-day quarantine for passengers entering country ends
Alibaba Stock Will Struggle to Overcome These Short-Term Headwinds
Alibaba stock is facing threats from JD.com and the U.S.-China Cold War. This has led to weak sentiment towards Alibaba that should linger.
The 4 Stimulus Bills Saving America From Its Biggest Depression Ever
The U.S. economy was on the brink of collapse, then the Federal Government threw a life vest at the economy with these stimulus bills.
New Jersey judge who told rape victim to ‘close your legs’ loses job
TRENTON, NJ — A judge who suggested that a woman seeking a restraining order could “close your legs” to prevent a sexual assault was removed from the bench Tuesday by the New Jersey Supreme
MediaWorks Layoffs Call Into Question The Value Of Bailouts
The Taxpayers’ Union is urging the Government to urgently reassess its seemingly bottomless support for struggling media companies who take taxpayer money one day, and sack hundreds of staff the next.
Moderna falls 20% amid reports that insiders have sold $89 million in shares this year as the stock has spiked
Moderna dropped as much as 20% on Wednesday amid a report from Stat News that insiders at the biotech company have liquidated $89 million in sto...
Houseboat residents are sheltering in place on their docks, holding float-up concerts in the middle of the water and boating out onto the San Francisco Bay. Here's how they're living through the pandemic.
Costs are lower, the company is superb, and the sweeping San Francisco Bay is their backyard. The shelter-in-place life hits different on a houseboat.
The coronavirus sword falls heaviest on the weakest and smallest automakers
Even with factories and dealerships slowly opening back up, sales of new vehicles could take a long time to fully recover
Rs 223 Crore Bank Fraud: HC Denies Bail To Accused Ex-Chairman
The Jammu and Kashmir High Court on Wednesday rejected plea of former chairman J&K State Cooperative Bank, seeking quashing of FIR against him filed by the Anti-Corruption Bureau in the whopping 230 crore fraud case
SpeakUp: Congress campaign to mount pressure on Modi govt to deposit Rs 10,000 in bank accounts of poor
SpeakUp Campaign: Congress is demanding from the Modi government to deposit Rs 10,000 in bank accounts of poor who are facing the brunt of the lockdown.
Briggs & Stratton: The Equity Is Out Of Money
The recently stock rally doesn't make any sense. There are a few restructuring scenarios but none of them are good for the existing equityholders. Chapter 11 mi
Virtu Financial: Examining Possible Investment Thesis And Strategy
Virtu has shown attractive characteristics as a hedge against volatility and as income play. While the stock has not yet gone through prolonged recession and be
Two Canadian Banks Set Aside C$4 billion for Coronavirus Credit Losses
Anticipated bankruptcies and defaults caused by the coronavirus pandemic will mean lenders have to record potential losses from their loan portfolios sooner
SBI customers to SMS ‘yes’ for moratorium
State Bank of India’s (SBI’s) customers will be able to avail loan repayment moratorium facility by simply responding to an SMS from the bank, the lender said.The bank will send an SMS to customers,
Ireland may decide next week to speed up reopening plan
DUBLIN (Reuters) - Ireland may next week speed up the reopening of its economy if coronavirus infections remain low, Prime Minister Leo Varadkar said on Wednesday, though its chief medical officer said he was likely to advise against any such move.
India lockdown diary, Day 64: Kerala village uses umbrella to combat covid; Techie on mission to find jobs for migrants, and more
Here’s a curated list of some interesting stories from across the country on Day 64 of lockdown.
African Development Bank chief hits back over graft accusations
The president of the African Development Bank (AfDB), Akinwumi Adesina, hit back on Wednesday at accusations of corruption and vowed to continue working. In a press statement, Adesina slammed "unprecedented attempts by some to tarnish my reputation" and declared "I will... continue to
Restaurants listed on Swiggy? Now you can get credit to buy raw materials with this new service
Both Swiggy and Zomato saw multiple restaurants on their platforms shutting down operations temporarily even as the order volume took a hit amid the nationwide lockdown that began March 25.
Boeing slashes 12,000 jobs as virus seizes travel industry
Boeing is cutting more than 12,000 jobs through layoffs and buyouts as the coronavirus pandemic seizes the travel industry. And the aircraft maker says more cuts are coming.
Gold loan companies come to rescue of small businesses; banks shy away
Since gold price has increased by nearly 50 per cent in the last one year, gold loan companies are at an advantage as 'loan to value' - the ratio of money lent against the value of gold - has been reduced substantially
Woman, 103, inspired by Captain Tom climbs hill outside her care home for charity
Joan Willet is aiming to walk 17 miles up and down a steep hill outside her care home by her 104th birthday in July to raise money for the British Heart Foundation
Houseboat residents are sheltering in place on their docks, holding float-up concerts in the middle of the water and boating out onto the San Francisco Bay. Here's how they're living through the pandemic., Business Insider - Business Insider Singapore
Business Insider - Costs are lower, the company is superb, and the sweeping San Francisco Bay is their backyard. The shelter-in-place life hits different on a houseboat.. Read more at businessinsider.sg
Reducing migrant worker population will affect Singapore's competitive edge, lead to higher costs: Industry groups
SINGAPORE: A reduction in the number of foreign workers in Singapore would have multiple implications on the economy and businesses, and also have ...
Government may need to pump $20 billion into coronavirus-hit state banks: Report
India Business News: India may need to inject up to Rs 1.5 lakh crore ($19.81 billion) into its state-owned lenders as their pile of soured assets is expected to double du
The Trip Aboard Carnival Cruises Stock Will Be Stormy
There is a new normal coming so CCL stock will have to face a new reality. This is especially true if there is a delay in the vaccine.
10 Stocks to Buy as They Ride a Coronavirus Tailwind
These names are either heavily discounted or are actually riding high on the outbreak.
IIT develop lighter, breathable PPE kit to fight COVID-19
The new PPE kit developed by IIT Delhi free of bacteria or virus penetration.Priced at ₹905 (including GST), the PPE overall would cost around ₹300 for one time given the option to reuse
DBKL to keep up inspection of KL Wholesale Market to ensure compliance with Covid-19 mitigation measures
KUALA LUMPUR, May 27 — Kuala Lumpur City Hall (DBKL) will continue to monitor the area around the walls of the Kuala Lumpur Wholesale Market to ensure that no foreigners use it to enter the market. In a statement issued today, DBKL said patrols and surveillance will be carried out to...
Tencent, Parent Company of WeChat, to Invest $70 billion into Blockchain, AI, Cybersecurity & More in Pursuit of New Infrastructure
Tencent, a massive Chinese conglomerate that also operates WeChat, is planning to invest $70 billion over the next five years. The money will go into "new infr
Coronavirus impact: Indian economy to contract 5% in FY21, says Fitch Ratings
Fitch expects output in emerging markets, excluding China, to fall by 4.5 per cent this year compared to a predicted fall of 1.9 per cent before
Amazon SG headphone sale includes Sony's WH-1000XM3 and more of our favourites
Amazon Singapore has discounted a range of top-notch headphones, get in before the sale ends on May 31.
Ingraham: 'No good reason' to keep lockdowns in place except to hamstring economy ahead of election
Laura Ingraham opened Tuesday's "Ingraham Angle" by slamming Democrats, particularly proponents of coronavirus lockdowns, as Americans begin to benefit from the slow reopening of the country's economy.
'Asterix' creator who died from coronavirus leaves drawings to hospitals
Four original drawings by the creator of comic book 'Asterix the Gaul' Albert Uderzo sells for nearly 400,000 euros to benefit Paris hospitals
China legislation on Hong Kong could lead to US sanctions, says Trump administration
U.S. government officials have said the legislation would end the Chinese-ruled city's autonomy and would be bad for both Hong Kong's and China's economies.
ECB’s Schnabel: Not adjusting monetary policy in any way in response to German court ruling
In an interview with the Financial Times (FT), Isabel Schnabel, Member of the Executive Board at European Central Bank (ECB), said dismissed the impli
Experience with GST holds valuable lessons for One Nation One Ration Card
If done well, One Nation, One Ration Card, could lay the foundation of a truly national and portable benefits system that includes other welfare programmes like LPG subsidy and social pensions.
Asian markets in retreat as China-US tensions return to fore
Markets are concerned about another flare-up in Hong Kong on a controversial security law
Distressed real estate market beckons opportunistic buyers
Blackstone Group, Kayne Anderson Capital Advisors and other investment firms are sitting on roughly $US300 billion of equity ready for deployment in the US market.
To reinstall trust of diaspora in government as effective rescuer, a Citizen Evacuation Policy is needed
When the central government finally decided to offer a helping hand, it opted to launch a paid repatriation mission rather than an evacuation mission (which is free of cost for the evacuee). Is this the time to extract a pound of flesh from disheartened, disappointed and fatigued Indians?
Liquidation of companies still the most likely outcome under IBC
January-March quarter of fiscal 2019-20 was quite fruitful for banks in terms of stressed asset resolution and recovery under IBC, with lenders realising 64% of their dues
Cost of $150 million and 19 athletes promotional components Darius Slayton Jersey
NEWS IBC - Cost of $150 million and 19 athletes promotional components Darius Slayton Jersey NEWS IBC - Cost of $150 million and 19 athletes promotional components Darius Slayton Jersey
Japan eyes fresh $1.1 trillion stimulus to combat pandemic pain
To fund the costs, Japan will issue an additional 31.9 trillion yen in government bonds under the second supplementary budget for the current fiscal year ending in March 2021, according to the draft.
Vertex Energy's Transformation Continues
Vertex Energy began migrating its end-products toward higher-margin markets in 2018 - higher-purity base oils and IMO 2020-compliant marine fuel. The company re
Coronavirus Refunds: AT&T DirecTV Customers Will Receive Credits For Sports Subscriptions
The DirecTV business of AT&T is providing MLS Direct Kick and MLB Extra Innings subscribers with credits for payments they have made for their plans.
No need to worry about food inflation for six months, says expert
The buffer stock has been procured by the government at Rs 37 per kg and Rs 27 per kg for wheat, and this is sold through PDS at Rs 2-3 per kg, which involves a huge subsidy, he said.
Combating economic downturn post Covid-19 pandemic: Sync trade and FDI policies
Revise the existing institutional mechanisms for trade and investment policymaking to make policies more coherent and inclusive
Job numbers plummet by 37,500 in April as COVID-19 economic impact cripples businesses
COVID-19 impact and restricted trading is heavily impacting the economy.
Covid-19 has forced us into the fast lane of the 4IR super-highway
Amid the global Covid-19 pandemic that has seen entire countries locked down, we can no longer dismiss the Fourth Industrial Revolution as mere rhetoric. Keeping economies functioning while curbing the spread of the virus has hastened the shift towards the 4IR.
Analysts are Cautious of the Crypto Market’s Latest Push Higher; Factors to Consider
Multiple crypto analysts have noted that a few factors that suggest this Bitcoin upswing will be short-lived due to a few trends
Boeing cuts 12,000 jobs, resumes production of grounded jet
Boeing is cutting more than 12,000 U.S. jobs through layoffs and buyouts as the coronavirus pandemic seizes the travel industry. And the aircraft maker says more cuts are coming.
Carl Icahn Exits Hertz After Six-Year Bet Ends With Bankruptcy
Billionaire investor Carl Icahn has sold out of Hertz Global Holdings Inc., the rental-car company that filed for bankruptcy last week and counted him as its biggest shareholder.
The Irish Times view on the economic outlook: Counting on a swift recovery
New reports from economic think tanks are valuable in trying to see through the fog of what lies ahead
Post Covid-19 lockdown, hospitality sector to see steep credit stress: Icra
“The demand has declined to the lowest levels that the industry has ever witnessed; it is clear that this is the biggest crisis ever by the sector,” Icra said.
How South Africa can best balance controlling Covid-19 and avoiding economic disaster
There is intense pressure on the government to lift the lockdown and open the economy. Sustainably lifting out of the lockdown is critical. But there is no roadmap.
ESRI warns against austerity measures in short-term as economy heals from the pandemic
The think-tank has sketched the likely impact of the virus across a range of Irish economic indicators.
HBO Max Is Hedging Its Bets on HBO Originals and a Large Library of Established Content — Analysis
HBO Max boasts plenty of popular films and TV shows that WarnerMedia is hoping will justify the service's monthly $14.99 price tag.
Hershey: Strong Cost Advantages Will Power The Company Forward
Hershey has experienced steady growth over the years due to its large market share in the United States. The company has shown a willingness to innovate in onli
Although auction numbers are still well down on where they were at this time last year, the sales ratio is higher
Although auction numbers are still well down on where they were at this time last year, the sales ratio is higher
Here's When You Can Expect Tattoo Parlors to Open Back Up in Each State
The coronavirus pandemic is nowhere near over, but nearly all states in the US have officially introduced plans to reopen their economies after several weeks
Experts: Just beating Covid-19 is not enough to return consumer confidence
KUALA LUMPUR, May 28 — Economic observers think it will take more than just overcoming the Covid-19 threat in the country to restore consumer and investor confidence. They predict that it will only see a resurgence if the government can roll out a sustainable post-Covid-19 economic plan to help...
Greece “will invest, not spend, its share” of the EU €750 billion recovery plan
Following the announcement of the €750 billion aid package to help Europe's economic recovery from the fallout of the coronavirus pandemic, Greek government
News Corp shuts down more than 100 print titles, hundreds of jobs to go
News Corp has confirmed its plans to axe hundreds of jobs as it moves to a digital-focused future.
Trading strategy losses hurt banks’ capital markets profit
The Bank of Montreal and the Royal Bank of Canada reported worse than expected results due to market volatility
MediaTek eyes lion’s share of Qualcomm-dominated SoC market
There’s a lot happening in the phone processor microchip arena as only a handful of companies have the technical prowess to manufacture these SoCs. Qualcomm, MediaTek, Samsung, and Huawei are the c…
Delhi: Markets empty, traders say Metro is only sliver of hope
The centrality of the Metro and full bus services was echoed by the market associations of Lajpat Nagar and Karol Bagh, which reopened with approximately 30% and 48% shops respectively.
News Corp shuts down more than 100 print titles, hundreds of jobs to go
News Corp has confirmed its plans to axe hundreds of jobs as it moves to a digital-focused future.
What We Are Reading Today: Playbooks and Checkbooks by Stefan Szymanski
What economic rules govern sports? How does the sports business differ from other businesses? Playbooks and Checkbooks takes a fascinating step-by-step look at the fundamental economic relationships shaping modern sports.
News Corp shuts down more than 100 print titles, hundreds of jobs to go
News Corp has confirmed its plans to axe hundreds of jobs as it moves to a digital-focused future.
'We're trying to survive': Seniors grow frustrated over slow rollout of COVID-19 financial aid
More than two weeks after the government first announced its plan to give seniors up to $500 to help with their rising costs amid COVID-19, seniors still have no timeline for when they're actually going to receive those funds.
Too early to celebrate value comeback
Via the excellent Damien Boey at Credit Suisse:
Reggie Wayne Explains Why Patriots Were His ‘Best Job Ever’
Reggie Wayne revealed why he calls the New England Patriots his "best job ever" during his successful career.
RBA: A reminder that RBA Governor Lowe will appear before the Senate Select
At the top of the hour, we will hear from the Reserve Bank of Australia Governor Phillip Lowe who will appear before the Senate Select Committee on CO
Jorge Masvidal: Nate Diaz is willing to fight, Kamaru Usman is asking UFC for too much money
According to Jorge Masvidal, a rematch with Nate Diaz is possible since he is willing to fight, while Kamaru Usman is asking UFC for too much money for title fight.
NZ April fall largest since the filled jobs series began more than 20 years ago
New Zealand stats says total filled jobs fell 1.7% in April 2020 compared with march 2020. Job numbers fell by a record 37,500 in April 2020 amid COV
NZD/USD ignores New Zealand Total Filled Jobs data to add gains above 0.6150
NZD/USD refreshes the intraday top to 0.6191 during the pre-Tokyo Asian session on Thursday. In doing so, the Kiwi pair ignores the recently flashed A
Billionaire Ray Dalio is one of the world's richest hedge fund managers. Here are his best quotes on everything from the markets to meditation.
Hedge fund manager Ray Dalio who runs Bridgewater Associates is one of the world's wealthiest hedge fund managers. Dalio recently said the Amer...
Statistics New Zealand says job numbers fell by 37,500 in April, the biggest volume and percentage fall since its 'filled jobs series' began in 1999
Statistics New Zealand says job numbers fell by 37,500 in April, the biggest volume and percentage fall since its 'filled jobs series' began in 1999
Boeing slashes 12,000 jobs as virus seizes travel industry
Boeing is cutting more than 12,000 jobs through layoffs and buyouts as the coronavirus pandemic seizes the travel industry. And the aircraft maker says more cuts are coming.
Instagram Adds New Ways For Users To Boost Income
Instagram has introduced new ways for creators to make money, through Instagram Live, which allows users to stream video, and IGTV, its standalone video app.
Here’s why 3 Wall Street analysts just boosted their Apple price targets
A slew of Wall Street analysts boosted their Apple price targets this week, citing increased demand for iPhones, store reopenings, and services as reasons that the tech giant is poised to gain.
Many Americans say the pandemic changed their spending habits for the better, but experts are skeptical it will last
As state and local economies begin to reopen, Americans will be putting their newfound spending habits to the test.
Fixed Deposits: State Bank of India (SBI) cuts FD interest rate by 0.4% across all tenure – Check new rates
SBI Latest FD Rates: The new rates of interest will apply to fresh deposits and renewals of maturing deposits.
I've Changed My Mind About Norwegian Air - The Future Is Brighter
Norwegian Air Shuttle was, effectively, bust, but it has managed to get the creditor takeover, the rights issue, and the government aid all through. It's thus a
BGT’s Amanda Holden has finally admitted she flashes her boobs on purpose as a stunt for the show
AMANDA HOLDEN is never far from controversy where Britain’s Got Talent is concerned, whether it’s dropping a swear word or one of her customary flesh-baring dresses. But the talent show judge has n…
Netflix Stock Is a Win No Matter Where the Pandemic Goes
NFLX stock is more than just a pandemic play. The firm will likely continue to perform in the quarters ahead despite the economic downturn.
Murder for money and food in Rangemore
A homeless Bulawayo man allegedly killed an 81-year-old woman from Rangemore before ransacking her home for money and food.
Why can't private hospitals treat patients free, Supreme Court asks Centre
The Supreme Court on Wednesday asked why the private hospitals, given land free of cost by the government, cannot treat Covid-19 patients for free. It questioned the central government if there is any...
An 'Avalanche of Evictions' Could Be Bearing Down on America's Renters
EUCLID, Ohio -- The United States, already wrestling with an economic collapse not seen in a generation, is facing a wave of evictions as government relief payments and legal protections run out for millions of out-of-work Americans who have little financial cushion and few choices when looking for new
Instagram will let influencers make money off ads on IGTV content, following in the footsteps of YouTube’s revenue-sharing model
Instagram will soon provide influencers with a way to make money off of their content by sharing revenue made from video ads.
Boeing slashes 12,000 jobs as virus seizes travel industry
Boeing is slashing around 10 per cent of its workforce, and the aircraft maker says more cuts are coming.
Micron climbs 6% after boosting sales guidance by more than expected
Micron climbed 6% on Wednesday after the company raised its fiscal third quarter revenue guidance, according to an 8-K filing with the Securities and Exchange Commission.
Floor price issue may not figure on Trai’s radar for at least 2 months amid COVID-19 crisis: Source
This is not an "opportune moment" to address the issue, and in any case, telecom operators are free to take decisions on tariff matters, the senior Trai official said.
Coronavirus lockdown has driven dairy consumption in homes up to 20%, says Amul MD
However, categories such as ice-cream has seen a 80 per cent dip in sales. Amul is also sitting on huge inventory of milk powder, with HOREKA sales coming to a halt
Boeing slashes 12,000 jobs as virus seizes travel industry
Boeing is slashing around 10 per cent of its workforce, and the aircraft maker says more cuts are coming.
Leader: Economic Reforms a Top Priority of New Majlis
Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei said improving the core elements of the national economy, including employment, production, value of national currency and inflation,
After Modi’s economic package, Nitin Gadkari asks states to chip in Rs 20 lakh cr more to fight coronavirus
Nitin Gadkari today said that states must contribute Rs 20 lakh crore to fight against coronavirus-led disruptions.
These 5 ‘stay at home’ stocks are getting pounded as the US economy reopens
A group of popular “stay at home” stocks are slumping as investors cheer the US economy reopening.
Sandstorm Gold: This Gold Miner Is About To Get Much Bigger
Sandstorm's stock outperformance should continue as there are many bullish growth catalysts. There is incremental growth over the next few years thanks to newly
Tesla just cut its car prices by up to $5,000 to jump-start sales during the pandemic
Tesla has slashed pricing for its Model 3, Model X, and Model S models as the coronavirus pandemic ravages US car sales, as Reuters reports.
Instagram will let influencers make money off ads on IGTV content, following in the footsteps of YouTube's revenue-sharing model, Business Insider - Business Insider Singapore
Business Insider - Instagram will reportedly share with creators 55% of the ad revenue they generate — the same amount YouTube offers with its ad revenue-sharing model.. Read more at businessinsider.sg
These 5 'stay at home' stocks are getting pounded as the US economy reopens, Business Insider - Business Insider Singapore
Business Insider - All 50 US states as of Memorial Day weekend have relaxed at least some of the restrictions put in place mid-March to contain the spread of COVID-19.. Read more at businessinsider.sg
Why Patience Is Key When It Comes to DraftKings Stock
The sports betting market offers a huge growth runway and DraftKings stock is a play on it, but the share price has gotten too high.
Instagram will let influencers make money off ads on IGTV content, following in the footsteps of YouTube's revenue-sharing model (FB)
Instagram announced Wednesday it was rolling out ads to creators' longform IGTV videos, allowing them to monetize these.
EUR/CHF Price Analysis: Euro limited below trendline resistance at 1.0700
EUR/CHF fails at 1.0700 and returns to 1.0650 area. The euro has been capped by downward trendline resistance from April 2019 highs. Euro rally from
Jakarta likely to be ready for 'new normal' phase after Jun 4, says coordinating minister for economy
JAKARTA: Jakarta will likely be able to enter a ”new normal” phase after Jun 4, the last day of COVID-19 curbs known in Indonesia as large-scale ...
DA denies money woes as it plans to cut jobs
The DA is pushing ahead with its plans to retrench staff, but has denied it is facing financial trouble.
Virus sparks record drop in energy investment: IEA
The energy industry is set to suffer a record drop in investment due to the coronavirus fallout, the IEA said on Wednesday, and while renewables are likely to fare better than oil, any swift economic recovery could create a global fuel crunch. In its annual report on energy investments, the…
10 of the most inspirational second careers of professional athletes
We hear the phrase “second act” a lot in regards to athletes. Almost all of them retire before they’ve even hit middle age – they have decades left to do something productive with the money they’ve made and the fame they’ve accrued.
Boeing slashes 12,000 jobs as virus seizes travel industry
Boeing is slashing around 10 per cent of its workforce, and the aircraft maker says more cuts are coming.
Tractor Supply Company Is Thriving
Tractor Supply offered Q2 update that is expecting record-breaking sales and earnings Fresh off a stellar Q1, the second quarter is supposed to easily trump tha
Gold Price News and Forecast: XAU/USD returns to $1,712 and turns positive on the day
XAU/USD has bounced up from two-week lows sub $1700 on Wednesday and is turning positive on the daily charts. The precious metal has reached $1,712 ar
Watch: CNBC Segment Explodes as Anchors Spar on Air Over Death Toll, 'Your Friend' Trump
Wednesday on CNBC's "Squawk Box," hosts Joe Kernen and Andrew Ross Sorkin battled over the stock market volatility amid the coronavirus pandemic. | Clips
Xiaomi Smart Door Lock E Announced at 999 yuan ($139)
Today, Xiaomi announced a new smart door lock dubbed as the Xiaomi Smart Door Lock E. It has the highest C-level lock core and costs 999 yuan.
Aid delivery systems under scrutiny
One of the lessons learned from the COVID-19 pandemic is the need to strengthen delivery systems to ensure that benefits reach the needy and not the greedy, Prime Minister Andrew Holness disclosed today during a digital press conference.
Government may need to pump $20 billion into coronavirus-hit state banks: Report
MUMBAI/NEW DELHI: India may need to inject up to Rs 1.5 lakh crore ($19.81 billion) into its state-owned lenders as … Government may need to pump $20 billion into coronavirus-hit state banks: Report Read More »
Tesla just cut its car prices by up to $5,000 to jump-start sales during the pandemic, Business Insider - Business Insider Singapore
Business Insider - The Tesla Model X SUV and Model S sedan are $5,000 cheaper, while the Model 3 got a $2,000 cut. The move comes as COVID-19 tanks overall car sales.. Read more at businessinsider.sg
Pound Sterling Price News and Forecast: GBP/USD reversal from 1.2350 extends to session lows at 1.2205
Cable fell some hundred pips on Wednesday as traders booked profits from Tuesday's 1.2% rally, weakening near-term structure and shifting focus lower.
CMHC sees declines in home prices, sales, starts that will linger to end of 2022
Canada's housing sector will see a retreat in prices, sales and building in the months ahead and likely won't see a return to pre-pandemic levels until at least the end of 2022, said Canada Mortgage and Housing Corp. in an outlook released Wednesday.
Ugandan banks close at 2pm to allow staff beat curfew
Kampala, Uganda | THE INDEPENDENT | Several commercial banks have announced they will revise down their closure time to allow staff enough time to drive home so as not to be caught by the 7pm curfew. While some banks have not yet indicated that they will shift from the 3pm closing time, at least …
Exclusive: Matt Gaetz Drafting Bill to Drop Big Tech's Legal Immunity over One-Sided 'Fact Checks'
Rep. Matt Gaetz (R-FL) will announce today that he is working with Republican members of the House Judiciary Committee to craft legislation that would strip social media giants of their Section 230 legal immunity if they fact check content on their platforms, according to a copy of his podcast which Breitbart News exclusively obtained.
COVID-19: More than 7,000 workers matched to new jobs under NTUC’s Job Security Council
SINGAPORE: More than 7,000 workers who were either furloughed or retrenched due to the COVID-19 pandemic have taken up new roles with the help of ...
These 5 'stay at home' stocks are getting pounded as the US economy reopens
All 50 US states as of Memorial Day weekend have relaxed at least some of the restrictions put in place mid-March to contain the spread of COVID-19.
Boeing Job Cuts to Start Hitting Seattle-Area Workers This Week
Boeing Co. is poised to unveil deep job cuts to its Seattle-area engineering ranks this week as the planemaker shrinks its workforce to cut costs amid the sharpest contraction in aviation history.
FFC urges govt to reconsider its fiscal consolidation stance
Finance Minister Tito Mboweni had so far held the line on fiscal consolidation – a policy aimed at reducing the budget deficit and government’s soaring debt-service costs.
Why good credit matters — even if you don’t plan to borrow
Even if you don’t plan to borrow a dime, a good credit record is valuable. Think of it like a household fire extinguisher: It’s smart to have a good one even though you have no plans to use it.
Holiday deals hoping to encourage domestic tourism
Cut-price campervan deals are encouraging Kiwis to holiday at home - but hotels, motels and restaurants are not seeing much movement ahead of the...
Silver futures dip 0.44% in afternoon trade
In the futures market, silver for July delivery touched an intraday high of Rs 47,847 and a low of Rs 47,370 per kg.
Affordable Insulin For Seniors Presents The Playbook To Lower Drug Costs
President Trump announces a plan that will significantly help seniors in the war against rising prescription drug prices, which is an issue that has been particularly hurting older Americans for years, and now more significantly during the Covid-19 pandemic.
Bank: Lithuanian billion-rescue-plan may be slowed down by red tape
As the Lithuanian government plans to invest 6.3 billion euros in the economy and human resources in 18 months, Swedbank has pointed to excessive red tape as weakness that could slow down the investments, LRT reports.
India may need to pump $20 billion into coronavirus-hit state banks
The capital plans were still being discussed and a final decision could be taken in the second half of the fiscal year, a second government source said.
Home is where the accidents are
Surgeons are seeing almost 15 to 20 cases in a month as compared to just 1-2 freak accident cases previously While road traffic accidents drastically dropped during lockdown period, there was a spike .
The Joint Commission To Resume Hospital Inspections After Pandemic Hiatus
The Joint Commission, accreditor of thousands of U. S. healthcare facilities is set to resume its surveys in June as hospitals and health systems re-open to visitors and begin to return hospital operations to a new normal.
VTA’s suggestion to MSME Minister Gadkari on GECL
Recently Government of India notified the Rs. 3 lakh crore Guaranteed Emergency Credit Line (GECL) Scheme for Medium, Small and Micro Enterprises (MSMEs) under the Atma Nirbhar Bharat Abhiyan to assist them surge over the economic distress being faced due to the COVID-19 pandemic. Under this GECL scheme, MSMEs borrowers having Rs 25 crores of […]
States should come forward with Rs 20 lakh crore to battle COVID-19 disruptions: Nitin Gadkari
Gadkari said the economy is facing serious problems, businesses are being closed and unemployment is growing. All sections of the society, whether migrants, media, business persons or employees, are facing problems, but ultimately
eFootball PES 2020 Is On Sale For Next To Nothing On Playstation 4
If you're a fan of PES then we've got plenty of good news!eFootball PES 2020 is now on sale in the Playstation Store for as little as €6 if you're a PS Plus subscri...
Tesla Cuts Prices In North America And China By Up To 6% To Ease Sales Slump
Tesla’s flagship Model S is one of the vehicles that are now thousands of dollars cheaper in a bid to encourage sales, after the pandemic cut demand for new cars.
RBI's 7.75 percent Savings (Taxable) Bonds 2018: Subscription to stop from May 28
“The Government of India 7.75% Savings (Taxable) Bonds, 2018 shall cease for subscription with effect from the close of banking business on Thursday, the 28th of May, 2020,” RBI said in a release.
UBS to set up fintech venture fund to speed up its digitisation
UBS is looking to invest “hundreds of millions” of its own money in “dozens” of fintechs, in a move to finance start-ups which are disrupting the banking industry.
Los Angeles County reopens in-person shopping, worship
California moved to further relax its coronavirus restrictions and help the battered economy on Tuesday by permitting barbershops and hair salons to reopen while Los Angeles County, moving more cautio
Lockdown Impact: As states lose revenue, here's why they turn to alcohol
Indian states have been wanting to lift ban on the sale of liquor since the implementation of lockdown in the country. The state governments have been running out of money to sustain their fight against novel coronavirus.
NCLT approves IL&FS stake sale in GIFTCL to Gujarat govt
The order said that IL&FS had sought that an amount of Rs 61.84 lakh is excluded as resolution process costs incurred for meeting various expenditures, other applicable taxes from the sale proceeds of the applicant's shareholding in GIFTCL to the Gujarat government.
Russia consumer demand drops, jobless jump in April lockdown
MOSCOW, May 27 — Retail sales in Russia fell more than expected in April, while unemployment jumped above forecasts during a dire first full month of coronavirus lockdown for the country, data from statistics service Rosstat showed yesterday. Russia's economic health is in focus after a slump in...
Research Firm: Market’s Risk Is Phenomenally High, 2nd Dive Likely
Equity Risk Science, a big-data analytics firm, created a risk measure that says the current market is still very risky and likely to take another big dive, due to the high debt levels of many large companies.
Assam Forest Minister visits Dehing Patkai, assures protection
GUWAHATI: The Assam government has categorically said that no harmful activity would be allowed to destroy the flora and fauna at Saleki proposed reserve forest, which is a part of the Dehing Patkai Elephant Reserve in Upper Assam.State environment a
Most Businesses Pessimistic About Speed Of Economic Recovery, Fed Reports
Health concerns, limited childcare and expanded unemployment are making it more difficult to bring employees back to work, the Fed said.
Absolute Merch Teams With Artists to Raise Money for Charity
Candler redirected the merch online and began working with bands to donate a portion of the proceeds.
Govt fails on buy local directive
NGHINOMENWA ERASTUS and LAZARUS AMUKESHETHE Agro-Marketing Trade Agency has challenged the government and its agencies to lead by example in implementing its directive to procure locally
Exclusive: Venezuela reaches deal with U.N. to buy food, medicine with gold - central bank
Exclusive: Venezuela reaches deal with U.N. to buy food, medicine with gold - central bank
Nissan-Renault alliance to share more parts, technology
The auto alliance of Nissan and Renault said Wednesday it will be sharing more vehicle parts, technology and models to save costs as the industry struggles to survive the coronavirus pandemic.
City Council told its estimates for strengthening the Library are ‘ludicrous … not acceptable’
Wellington.Scoop Wellington structural engineer Adam Thornton today challenged the estimates from the Wellington City Council for strengthening the Central Library. He said the strengthening costs were not acceptable and the work could be done for much less.
You can now apply for government’s relief fund for May – but don’t make these mistakes
The Department of Employment and Labour says the Unemployment Insurance Fund (UIF) has to date paid in excess of R15 billion to beneficiaries – marking a historic first in terms of a lump sum paid out by the fund within five weeks.
Crude oil futures up 0.62%, WTI trades above $34 a barrel
In the futures market, crude oil for June delivery touched an intraday high of Rs 2,606 and an intraday low of Rs 2,544 per barrel on MCX.
It’s A Good Idea To Ignore REITs Right Now, Despite Soaring Yields. Here's Why
Stocks Analysis by Investing.com (Haris Anwar/Investing.com) covering: Simon Property Group Inc, United States 10-Year, First Trust S&P REIT Index Fund, Brookfield Property Partners LP. Read Investing
The US gaming headset market is found to have hit new heights as of April 2020
A new market research report states that the gaming headset sector broke records in terms of US retail sales in April 2020. This study also found that 8 of the 10 best-selling devices in this category were from the brand Turtle Beach. Of these, its Stealth 600 has accrued the most revenue in 2020 so far.
Tyson Fury claims he has accepted offer to fight Mike Tyson
Tyson, 53, is set for a stunning comeback in order to raise money for charity and has recently been pictured looking in top shape
Asian stocks pull back as Hong Kong uncertainty weighs
NEW YORK, May 27 — Asian shares shed some of their recent gains today as investor concerns about rising tensions between the United States and China tempered optimism about a re-opening of the world economy. US President Donald Trump said late yesterday he is preparing to take action against...
She is the World’s highest paid woman CEO
Lisa Su of Advanced Micro Devices is the first woman ever to top The Associated Press’ annual survey of CEO compensation: Her 2019 pay package was valued at $58.5 million following a strong performance for the company’s stock during her five years as CEO.
Dow Busts Move Higher on Late Buying as Traders Bank on Financials to Shine
Dow Busts Move Higher on Late Buying as Traders Bank on Financials to Shine
It's not a scam: Watch for stimulus debit cards in the mail
The Treasury Department has mailed nearly 4 million economic impact payments to Americans via a prepaid debit card.
RBNZ says the banks have $40 billion of loans on commercial property with $5 billion of that in development projects
RBNZ says the banks have $40 billion of loans on commercial property with $5 billion of that in development projects
Food prices in South Africa have spiked – particularly these items
Families in South Africa living on low incomes may be spending 30% more on food than they did two months ago, the Pietermaritzburg Economic Justice and Dignity Group (PEJDG) says.
Tesla to cut car prices in North America, China
The price cut comes as states after lockdowns during which demand for cars waned.
What We Are Reading Today: A Course in Microeconomic Theory
Author: David M. Kreps David M. Kreps has developed a text in microeconomics that is both challenging and “user-friendly.” The work is designed for the first-year graduate microeconomic theory course and is accessible to advanced undergraduates as well.
How VibePay is quietly changing the UK fintech Twitter game
A big challenge facing many UK fintechs has been how to keep their millennial (aged 24-38) and Gen Z (aged 18-24) users engaged with their banking apps.
US closes probes into 3 senators over their stock trades
Sens. Dianne Feinstein of California, Kelly Loeffler of Georgia and Jim Inhofe of Oklahoma have been informed that the Justice Department has closed investigations into their stock trades.
Tech selloff weighs on S&P 500, Nasdaq
Amazon.com, Microsoft Corp and Facebook Inc, which have led a recent rally, weighed on the tech-heavy Nasdaq, while healthcare and technology stocks - which outperformed in the coronavirus-led market slump - were among the S&P 500 sector indexes in the red.
Cyprus pledges to cover costs for virus-hit tourists
Cyprus is pledging to cover all costs for anyone testing positive for the coronavirus while on vacation on the eastern Mediterranean island nation, according to a letter obtained by The Associated Pre
Dog squad to get 50 dogs for Rs 2.5 crore
As many as 50 dogs will be adopted and inducted into the Dog Squad at a cost of Rs 2.
Future Lifestyle Fashions share price down 2% as board mulls fund-raising plan
Future Group faces high promoter debt, sharp fall in share prices and cash flow woes, all of which have been exacerbated by the COVID-19 outbreak.
Iceland cuts food waste 23% in two years as it commits to a 50% cut by 2030
A year after the Department for Environment, Food and Rural Affairs in the UK called on businesses to ‘step up to the plate’ and drive forward plans to cut food waste, the supermarket Iceland has announced food waste reductions of almost 2,500 tonnes, a decrease of 23.2% over the last two years, in its first public food waste report.
SAA administrators see reasonable chance of rescuing the airline
The administrators of South Africa’s bankrupt state-owned airline said they see a “reasonable prospect of rescuing” it.
Britain's McLaren scales back F1 racing due to lockdown losses
LONDON, May 27 ― British Formula 1 team and supercar maker McLaren said yesterday it will cut 1,200 jobs and signficantly scale down its racing division after the coronavirus crisis hit sales. The restructuring affects over a quarter of the company's 4,000 jobs. “We deeply regret the impact...
Boeing set to announce significant US job cuts this week
A spokesman for the Society of Professional Engineering Employees in Aerospace (SPEEA) union that represents 17,600 Boeing employees told Reuters Tuesday the company informed the union it should expect layoff notices on Friday.
Costa Rica Is Now The First Central American Country To Legalize Same-Sex Marriage
On Tuesday, Costa Rica became the first country in Central America to legalize same-sex marriage, Reuters reported. The journey to marriage equality in Costa Rica has been a long one. After decades ...
Walvis councillor orders businesses' closure
WALVIS Bay urban constituency councillor Knowledge Ipinge has ordered a transport company and a bank to close their premises at the town due to fears of the spread of the coronavirus.
MediaWorks staff to hear details of proposed redundancies
The radio arm of MediaWorks is meeting with staff today about proposed redundancies. On Monday it announced 130 jobs in its sales and radio...
HBO Max is here to take on Netflix. Is it too late?
AT&T’s streaming platform goes live on May 27. At $15 a month, it’s more expensive than its rivals and comes at a time when household income is dropping.
Stock markets mixed as China-US tensions return to fore
Equities were mixed Wednesday as profit-taking and worries about deteriorating China-US relations were weighed against optimism over the gradual reopening of economies around the world.
Vadodara civic body announces 10% property tax rebate to tide over crisis
Deputy Municipal Commissioner SK Patel said the move is to benefit both the VMC and the citizens. "We are planning to make use of social media and newspapers to ensure that the message about the rebate reaches the people. Property tax is one of our biggest incomes," he said.
JUDITH FEBRUARY: Ramaphosa has undone the past 2 months of sacrifice & hardship
With the announcement that religious gatherings may resume, President Ramaphosa has undermined his government’s cause and the price will be all of ours to pay, writes Judith February.
Used cars: Leasing companies will have to ‘work harder’
Hitachi Capital Vehicle Solutions says the industry will have to ‘knuckle down’ if values are to be achieved in a post-pandemic used car market.
Bank of Canada urges stores to continue to accept cash
Even before the COVID-19 pandemic, consumers had been increasingly using forms of cashless payment such as credit and debit cards, e-transfers and their smartphones to pay for products.
Redmi Display 1A pre-sale begins: 23.8-inch IPS monitor from Xiaomi with narrow bezels for just 599 yuan (US$84)
The Redmi Display 1A monitor from Xiaomi is now official and has been put up for pre-sale. Customers in China can reserve one of the external monitors for 100 yuan (US$14) deposit while the full price for the Redmi Display 1A is 599 yuan (US$84). The thinnest part of the display measures a tiny 7.3 mm.
European Union Reveals $826 Billion Economic Stimulus Plan To Battle Coronavirus Damage
Under the proposal, the EU will issue €750 billion in government bonds and then distribute that cash to its member states through grants and loans. Nothing will happen, however, until all 27 of the EU’s member states approve.
The Media And Masks: A Confusing Narrative For Americans
The benefit of the mask, “comes not from shielding the mouths of the healthy but from covering the mouths of people already infected.” This unambiguous scientific message of communal responsibility remains absent from mainstream media which continues to divide Americans over the mask.
Natural gas futures up 0.54% in evening trade
In the futures market, natural gas for June delivery touched an intraday high of Rs 150,30 and an intraday low of Rs 146.80 per mmBtu on MCX.
Can General Electric Survive The COVID-19 Recession
General Electric’s stock (NYSE: GE) has lost over 45% of its value since the beginning of the year due to the outbreak of COVID-19. The commercial aviation industry is rattled, and GE, which manufactures aircraft engines, is no exception. Fading consumer demand, reduced discretionary spending...
OnePlus reportedly working on a barrage of affordable products including mid-range smartphones
OnePlus CEO Pete Lau stated that the company wants to get back to its roots as an affordable gadget provider. We can expect to see a host of reasonably-priced OnePlus gadgets and smartphones on the market soon. It is all part of a plan to create a wider ecosystem centered on the OnePlus brand.
GIS arrests notorious recruitment scammer
The Western Region Command of the Ghana Immigration Service (GIS)has arrested a 53-year-old Ghanaian residing in Takoradi, one Kojo Sakyi, for allegedly defrauding scores of unsuspecting youth under the pretext of securing them jobs within the Service.
Digital strategies key for retail to survive a shifting consumer landscape
The world is in unchartered territory and as many businesses face the harsh reality of lockdown, we are beginning to accept that jobs will be lost, orders will be cancelled, and many doors will not be reopened.
India loses crown to Indonesia as Honda’s biggest two-wheeler market
HMSI’s FY20 domestic sales are back to the same level as FY17 when the company had sold 4.72 million units in the domestic market
StockBeat: Banks Take up the Baton as Cyclical Rally Continues
StockBeat: Banks Take up the Baton as Cyclical Rally Continues
G20 finance projects give $77 bn a year to fossil fuels: watchdog
Rich nations have used banks and development programmes to funnel at least $77 billion in each of the last three years to oil and gas projects .
'We're well prepared to handle any surge in COVID-19 cases'
'We're well prepared to handle any surge in COVID-19 cases'. 'States have done a tremendous job of identifying health facilities for COVID-19 care and equipping them well.'
Floor trading resumes at NYSE, with masks and plexiglas
New York Stock Exchange, the symbolic heart of Wall Street, reopened its floor Tuesday after a two-month closure due to the coronavirus, with traders donning masks and separated by plexiglas.
Tesla cuts prices by as much as 6% in North America to boost demand
Auto retail sales in the United States likely halved in April from a year earlier, showed data from J.D. Power.
Brutal murder of Sanatan Deka shows how Hindus are not safe anymore in Muslim dominated areas of Assam
The fear among the ethnic Hindus in these villages looms large due to the fear of a Muslim attack. They fear reprisals and gullibility of the police with Muslim money power and an enviable unity among Muslims against the 'Kafir'.- Siba Prasad Sarma
Survey for jobs to all labourers starts
The survey has started in the State from today to ensure employment to all the labourers who have returned to Madhya Pradesh as per the wish of Chief Minister Shivraj Singh Chouhan. After surveying the labourers of Madhya Pradesh returning to other States, they will be linked to the Sambal Yojana
Chart Of The Day: Gold Could Rally No Matter Which Way Stocks Go
Commodities Analysis by Investing.com (Pinchas Cohen/Investing.com) covering: XAU/USD, Gold Futures. Read Investing.com (Pinchas Cohen/Investing.com)'s latest article on Investing.com
The spread of America's self-inflicted debt crisis
The COVID-19 shutdown has left the country on the cusp of a self-inflicted economic collapse not seen since the Great Depression.
Electric vehicle makers battle the COVID-19 pandemic
Global EV sales will shrink this year, falling 18% to about 1.7 million units, according to BloombergNEF.
Digital strategies key for retail to survive a shifting consumer landscape
The world is in unchartered territory and as many businesses face the harsh reality of lockdown, we are beginning to accept that jobs will be lost, orders will be cancelled, and many doors will not be reopened.
The double price reduction that Juventus hope to achieve
Juventus have various deals going on at the moment. According to the Italian press, Juve want to sign Napoli attacker Arkadiusz Milik, and Lyon CM Houssem Ouar. However, they are reportedly working to achieve a price reduction for both of them.
Glenmark gets USFDA nod to market generic drug for muscle pain
Glenmark Pharmaceuticals Inc, USA has been granted final approval by the US Food and Drug Administration (USFDA) for Chlorzoxazone tablets USP, in strength of 375 mg and 750 mg, the drug maker said in a statement.
Goldman Sachs Forecasts Unemployment To Peak At 25%, Remain High For Next Two Years
Widespread unemployment could linger longer than expected and slow an economic recovery.
UIF compliance no longer a requirement for COVID-19 financial aid
Previously only workers who were registered and declared on the system by their employers could qualify for the benefit.
Intel tweaks its stock cooler for the first time in years: still no match for AMD's Wraith coolers and nowhere near good enough for the Comet Lake S i9-10900K
After nearly a decade of rehashing its stock cooler, Intel's finally made substantial (although entirely cosmetic) changes to its stock cooler design for a limited number of Comet Lake S SKUs.
Update | Huawei springs an unexpected MatePad Pro 5G launch on the Chinese market
The 5G version of Huawei's latest premium slate has been on the international market for some months now. However, it has not been available in this OEM's own home market. The company has rather abruptly announced that it will correct this situation tomorrow (March 27, 2020).
Tyson Fury claims he has accepted offer to fight Mike Tyson
Tyson, 53, is set for a stunning comeback in order to raise money for charity and has recently been pictured looking in top shape
Demand for housing sector will come back in medium term, says HDFC CEO Keki Mistry
Now, historically, whenever there has been any kind of stress in the market, NPLs tend to go up in short term, but once the stress get alleviated, NPLs come down to the normal levels.
Rivlin on Leifer trial: 'No one will use Israel to evade justice' - Foreign Affairs
President Rivlin touts Jerusalem court's decision that Australian-Israeli teacher Malka Leifer may stand trial, paving way for extradition.
Exclusive: Research finds concerning drop in U.S. colorectal cancer screenings and surgeries
Exclusive: Research finds concerning drop in U.S. colorectal cancer screenings and surgeries
Kotak Mahindra Bank set to raise Rs 7,460 crore through share sale
The bank also informed that meeting of the issuance committee of the board is scheduled to be held on May 29 to approve the issue price.
Japan's new budget to include US$302b in direct spending, reports Mainichi
TOKYO, May 27 — Japan's government plans to include US$302 billion (RM1.32 trillion) in direct spending under a second extra budget to be compiled today, to cushion the economic blow from the coronavirus pandemic, the Mainichi newspaper reported. The 32.5 trillion yen (RM1.32 trillion) in...
Hand sanitiser dispensers for courts, police stations in St Elizabeth
BLACK RIVER, St Elizabeth — A three-week campaign to raise money and equipment rece...
It’s A Good Idea To Ignore REITs Right Now, Despite Soaring Yields. Here's Why
Stocks Analysis by Investing.com (Haris Anwar/Investing.com) covering: Simon Property Group Inc, United States 10-Year, First Trust S&P REIT Index Fund, Brookfield Property Partners LP. Read Investing
Consider Electronic Arts Over Take Two Interactive As Demand For Gaming Increases?
The stock price for Electronic Arts is down roughly 8.5% since May 31, 2018, as the company’s business in 2019 was impacted by lower user engagement. In comparison, Take Two Interactive, best known for its NBA2K franchise, has seen its stock grow by 25.4% during the same period...
Daniel Turner: Biden bows to radical left by pledging to cancel Keystone XL pipeline – Americans would suffer
Joe Biden’s energy policies would create disruptive energy shortages, big energy price increases, an increased dependence on foreign countries outside our hemisphere to meet our energy needs, and a massive increase in unemployment in the U.S. energy industry.
Rand falls as Sino-US friction dents risk appetite
The rand fell on Wednesday following global weakness in emerging market currencies due to increasing Sino-US friction over China’s proposed security law for Hong Kong, retreating the two-month high seen a day before.
Sensex jumps 1,000 pts, Nifty above 9,300; 4 key factors behind the rally
Experts indicate that the bargain hunting in banks and financial counters gave a fillip to the market.
BoJ's bond holdings edge towards the size of Japan's economy
BoJ's bond holdings edge towards the size of Japan's economy
Drugmaker Sanofi to raise over $11 billion via sale of Regeneron shares
Earlier this week, Regeneron had said it would repurchase about $5 billion of its shares directly from Sanofi, without altering their over-a-decade-long partnership.
KU Athletics imposing new pay cuts, furloughs to cut costs
The University of Kansas athletic department has imposed pay cuts and furloughs for all employees in response to financial problems caused by the coronavirus pandemic.
Stock markets in retreat as China-US tensions return to fore
Asian equities mostly fell Wednesday as profit-taking and worries about deteriorating China-US relations outweighed optimism over the gradual reopening of economies around the world.
Salesman held for killing wife
The Delhi Police has arrested a 37-year-old salesman in national Capital for allegedly killing his wife. Police said that the accused killed his wife after he got frustrated with his marital life. The accused has been identified as Sudhir, a resident of Anand Parbat. Police said that the accused
SA Reserve Bank says lenders can handle coronavirus crisis
The country’s banks, some of the largest on the continent including Standard Bank and FirstRand, have seen profit growth slip in recent years, while risks from lending to the increasingly strained government and the economy have increased.
Sugar Inquiry Commission didn't highlight NPMC's role in failing to control prices
The commission only held the Sugar Advisory Board responsible for taking any action
Ministry boosts Khomas agriculture
THE Ministry of Agriculture, Water and Forestry has donated breeding stock to vulnerable communities in Khomas to generate income and ensure food security.
Mourinho: Tottenham will not spend rivers of money
Jose Mourinho predicted a delayed opening of the transfer window for Premier League clubs and expect...
The lockdown can hurt ISPs – Depending on the impact in the coming months
The ISP industry is one of the least impacted by the lockdown, but concerns remain over the long-term economic impact of the COVID-19 pandemic.
Why Trump must suspend temporary worker programs
Immigration is fundamentally a labor issue, and given the employment situation the country needs to rethink the current policy of allowing in very large numbers of foreign workers.
Scientific data, logic used for govt's tobacco sales ban decision - Dlamini-Zuma
Cooperative Governance and Traditional Affairs Minister Nkosazana Dlamini-Zuma has submitted the reasons which were taken into account when deciding on regulation 27 that was invoked for the national state of disaster.
Materials And Energy Dashboard - Update
Valuation metrics in basic materials and energy. Evolution since last month. A list of stocks looking cheap in their industries.
Millions Of U.S. Jobs Are Never Coming Back From The Covid-19 Recession
“We find three new hires for every 10 layoffs caused by the shock and estimate that 42% of recent layoffs will result in permanent job loss."
Big job losses in South Africa – Here are the sectors which are the worst affected
The CCMA recently opened its doors and immediately experienced a big influx of people who lost their jobs.
AP Source: NFL drops booth official proposal to aid calls
The NFL has tabled a proposal for a booth official who would aid calls by using a video feed, a person familiar with the decision tells The Associated Press.
Grand Slam winners to play in new Charleston tennis event
Australian Open champions Victoria Azarenka and Sofia Kenin and U.S. Open winners Sloane Stephens and Bianca Andreescu will take part in the Credit One Bank Invitational team tennis event in Charlesto
Motorola Moto G Pro launched with 48 MP triple-camera setup and a Stylus: Everything you need to know
The Moto G Pro is priced at EUR 329 (Roughly Rs 27,300) and is only available in a 4GB RAM and 128GB storage model.
Planning to invest now? Here’s how you can build a Rs 5,00,000 ‘Atmanirbhar' portfolio
Investors should ideally place small amounts in different sectors to take advantage of the multiplier effect which the economic package could have over a period of time.
Looking Glass Factory presents the world's first 8K holographic display
Through the use of a special 45-element light field relying on horizontal parallax principles, the new 8K holographic screen can display 3D images without the use of separate 3D glasses. For now, the screen comes only in a 32-inch size and is designed for medical imagery, advanced topography and experimental marketing.
2021 BMW 545e plug-in hybrid Not Coming to US Market
The all-new BMW 545e PHEV, as part of the new 5 Series LCI facelift, won't be coming to the US market, only the 530e will be.
Thai parliament urged to pass record US$60 billion coronavirus stimulus bill
Thailand's premier on Wednesday urged parliament to approve the kingdom's biggest-ever stimulus package to revive an economy battered by ...
Mohawk Industries: Not A Convincing Investment
Mohawk is trading on a forward sales multiple of 1.08, below their long-term average of 1.3x. 2018 and 2019 were tough years for the business and industry. We b
Cleveland Browns Offered Jadeveon Clowney The ‘Most Money’ He’s Seen In Free Agency
(Photo by Alika Jenner/Getty Images) The Cleveland Browns continue to be the rumored favorites to sign free agent defender Jadeveon…
CMHC sees declines in home prices, sales, starts that will linger to end of 2022
Canada's housing sector will see a retreat in prices, sales and building in the months ahead and likely won't see a return to pre-pandemic levels until at least the end of 2022, according to Canada Mortgage and Housing Corp.
India: Largest Private Port Operator Partners TradeLens to Deploy Blockchain in SCM
Adani Ports and Special Economic Zone Ltd (APSEZ), India’s biggest private port operator has partnered with blockchain-powered digital container logistics platform TradeLens to optimize its port operations and improve supply chain management (SCM).
Cyprus: Got infected with coronavirus? The trip's on us - Foreign Affairs
In an attempt to attract tourists, Cyprus says it will cover costs for anyone who catches the virus while vacationing in the country.
AP source: NFL drops proposal to add booth official
The NFL has tabled a proposal for a booth official who would aid calls by using a video feed, according to an AP source.
Man breaks into bank to heat up Hot Pockets: ‘Hell yeah it was worth it’
A California man was busted for breaking into a bank so he could use its microwave to heat up Hot Pockets on Wednesday — and he doesn’t regret a thing. “Hell yeah it was worth
Stock Market Wrap-Up: Why Tesla's Price Cuts and Beyond Meat's Stock Drop Shouldn't Worry You
The stock market posted another round of gains.
Boeing job cuts start to hit nearly 13,000 workers
A drop in travel due to the pandemic worsened the situation for the company, which was already in crisis.
A pharmacist known as ‘the Mask Man’ has been charged with hoarding $200,000 worth of N95 masks and price-gouging customers
A New York pharmacist known as “the Mask Man” hoarded $200,000 worth of N95 masks that he purchased shortly before the coronavirus pandemic hit the United States, and sold them at a roughly 50% markup, prosecutors alleged.
Is this really the elixir of youth? It took scientists years to develop, it costs £34 - Oh, and it’s got a ‘waiting list’ of 100,000 people
Claire Coleman examines the research behind No7 Advanced Retinol 1.5% Complex Night Concentrate as the anti-ageing night serum launches at Boots stores across the UK.
Trump and Andrew Cuomo discuss plans to 'supercharge' economy with infrastructure
President Trump and New York Gov. Andrew Cuomo plan to send a bipartisan "supercharge" into the U.S. economy.
Piyush Goyal asks industry to start working for post-COVID period; says worst for economy is over
The minister said that "worst for the economy is over. Things are looking up, and revival is in the air".
SPDR Portfolio S&P 500 Growth ETF's Exposure To Technology Stocks Is Advantageous
SPYG invests in large-cap growth stocks in the S&P 500 Index. The fund’s relatively lower exposure to cyclical sectors is advantageous as the impact of COVID-19
Value rotation was the last thing big funds thought would happen
Up 5.2 per cent this week, value stocks in the Russell 1000 Index are poised to beat their growth counterparts by the most in 11 years.
Melbourne Allegedly Has A Poo Jogger Of Its Very Own According To Grot CCTV Footage
An Albert Park resident says a man dropped trou, and something else, in a community garden.
Chevy And GMC Don't Want You To Miss This Incredible Truck Deal
Despite the economic slowdown resulting from the coronavirus pandemic, there is one bright spot: pickup tru...
A pharmacist known as 'the Mask Man' has been charged with hoarding $200,000 worth of N95 masks and price-gouging customers, Business Insider - Business Insider Singapore
Business Insider - The DOJ said the pharmacist, 66-year-old Richard Schirripa, sold $2,690 of masks to an undercover officer and said he felt "like a drug dealer.". Read more at businessinsider.sg
A pharmacist known as 'the Mask Man' has been charged with hoarding $200,000 worth of N95 masks and price-gouging customers
The DOJ said the pharmacist, 66-year-old Richard Schirripa, sold $2,690 of masks to an undercover officer and said he felt "like a drug dealer."
Boeing Cuts Jobs for 12,000 Workers in the US
Boeing has been reeling from a drop in demand for aircraft, as travel plunges amid the pandemic and worsens the pressure on the company, which was already in crisis...
No university bailout for international students
Australia’s universities continue to cry poor over the reduction in international student numbers, signaling heavy financial and job losses:
U.S. Stocks Climb to 12-Week High; Treasuries Drop: Markets Wrap
All you need to know about global markets today.
Police, army yields to Wike’s directive, remove barricade from Ikoku market
The Police and the Nigerian army have yielded to the directive of the Rivers State Governor, Nyesom Wike, on the opening of Ikoku spare parts market after about two months of shutdown.
SEEK job ads continue to increase as economy reboots
It appears job advertisements are continuing to climb, after a sharp drop off in April due to coronavirus. SEEK’s latest data shows that new job ads posted on their website during the fortnight ended…
Explained: In uncertain times, how search for ‘normal year’ leads to data vacuum
Among Covid-19’s casualties are the postponing of Census operations and undertaking of key official primary surveys necessary for a better understanding of the economy
Oil crosses $35 on signs of improving demand - The Nation Nigeria
OIL prices rose on Tuesday, supported by growing confidence that producers are following through on commitments to cut supplies and as fuel demand picks....
PPE kits not covered under insurance, yet cost 50% of COVID-19 treatment
Jayan Mathews, Co-founder and Chief Product Officer at healthcare financing platform Vital, expects the stakeholders to reach an agreement soon
PVR, Inox Leisure stocks hit by uncertainty as coronavirus brings business to halt
With looming uncertainty over businesses, investors are watching the stock movement sitting on boundaries. Since March 24, when PM Modi announced lockdown, Inox stock has lost 17.77% and PVR share price is down 39.20%
Reading players accept wage deferrals to help soften COVID-19 blow
REUTERS: Reading's first-team players have agreed to defer a "substantial" portion of their wages for three months to help negate the economic ...
Deficit Monetisation: Government may get RBI to monetise deficit | India Business News
NEW DELHI: The Centre is likely to look at the option of the Reserve Bank of India (RBI) monetising the … Deficit Monetisation: Government may get RBI to monetise deficit | India Business News Read More »
Edgy Surry Hills offices hit the market
Developer Cornerstone is looking to sell the assets – at 10-14 Waterloo Street and No. 1 Lacey at 119 Kippax Street – in one line or separately, as it looks for new redevelopment and adaptive re-use projects.
Israel's Bank Leumi moves to Q1 loss due to coronavirus outbreak
TEL AVIV, May 27 (Reuters) - Bank Leumi, one of Israel’s two largest lenders, swung to a loss in the first quarter due to the coronavirus outbreak.
ICMR removes Rs 4,500 price cap for COVID-19 tests, asks states to negotiate with private labs
The ICMR has said, since the production of indigenous test kits like ELISA which was developed by National Institute of Virology, India is no more solely dependent on imported testing kits.
Don't Gamble In The Markets, Look At These 2 Blue Chip Healthcare Names Instead
Bristol-Myers Squibb and AbbVie offer rare clarity in today's market. Both names have reaffirmed 2020 guidance and are calling for strong growth. Both names are
Singapore fintech firm secures $17M to build out platform | ZDNet
Raking in $17 million in its latest fund raising, GoBear will be looking to build up a "full-fledged financial services platform" and tap an estimated base of 300 million in the region who remain underserved by existing market offerings.
Stafford woman sews face masks to raise money for food bank
A woman is making face masks to protect people during the coronavirus outbreak while raising money for a food bank.
Thousands raised for funeral of former Stafford FM DJ
Thousands of pounds has been raised for the funeral and memorial costs of a former Stafford FM presenter.
Forex Today: Only a correction? Dollar trying to lick its wounds amid Sino-American tensions
Here is what you need to know on Wednesday, May 27: The market mood remains upbeat yet the dollar is attempting to recover after a significant drop on
Leaders at UBA Africa Day seek economic recovery
Global leaders have emphasised the need for strong collaborations between governments and the private sector to achieve quick recovery for African....
Ex-Citi banker's alleged ties at issue in insider trading appeal
When prosecutors knew about possible links between a former Citigroup banker and a wealthy businessman will be one of the issues reviewed.
Chicago to reopen trading floor with masks
New York stock exchange floor traders had to sign a waiver that prevents them from suing the exchange if they are infected there.
Rupee slips 8 paise to 75.74 against US dollar in early trade
The rupee opened weak at 75.72 at the interbank forex market and then fell further to 75.74, down 8 paise over its last close.
Rupee slips 8 paise to 75.74 in early trade, forex traders concerned about rising US-China tensions
The rupee depreciated 8 paise to 75.74 against the US dollar in opening trade on Wednesday as market participants were concerned about rising tensions between Washington and Beijing in the wake of the coronavirus pandemic
COVID-19 Impact: Boeing expected to announce job cuts in US after aviation sector rocked by plunging travel demand
In April, Boeing chief executive Dave Calhoun said the company had “begun taking action to lower our number of employees by roughly 10 percent through a combination of voluntary layoffs, natural turnover and involuntary layoffs as necessary.”
‘The benefit of OTT is its wide audience’
Debutant director Pushpendra Nath Misra on his film Ghoomketu’s digital release and writing for different formats
A's, Dodgers cut employees' salaries amid pandemic
The Los Angeles Dodgers and Oakland A’s announced cost-cutting moves Tuesday in response to baseball’s ongoing shutdown amid the coronavirus pandemic.
Trump urges end to lockdowns as US Covid-19 deaths near 100 000
Even as the United States approached the grim milestone of 100 000 Covid-19 deaths, President Donald Trump is continuing to pressurise state governors to reopen their economies.
Training offered through Commonwealth Games scheme
A scheme to improve people's skills to help them land jobs created by the upcoming Commonwealth Games has launched.
Uncovering the atrocious plot to tarnish mr Adesina’s legacy at Africa’s apex bank
The African Development Bank is currently gearing up for another leadership election.The current President, Adesina, is already dealing
Banks plan for arrears; retailers push to open; and watchdog counts Covid cost
Business Today: the best news, analysis and comment from The Irish Times business desk
Government has no choice, must listen to wise counsel: Chidambaram
India Business News: The Congress, after rejecting the govt's economic package announced to revive the economy, has said that sooner than later the govt will accept the su
Covid-19: ICMR removes Rs 4,500 price cap for tests, states free to fix cost now
The decision was taken due to availability of indigenous testing kits and other supplies in India now.
Reforms in a Covid era: World trade will rise again. Here’s how India can ready itself to take advantage
Covid-19 lull offers India an excellent window of opportunity to implement reforms that would help it maximise the benefit of reopening of export markets post-Covid-19. Indias factor markets – capital, labour and land – still remain major constraints on economic activity
Boeing slashes 12,000 jobs as virus seizes travel industry
Boeing is cutting more than 12,000 jobs through layoffs and buyouts as the coronavirus pandemic seizes the travel industry, and more cuts are coming.
Airtel's stake sale to get ready for a bigger fight with Jio
Analysts say that the idea behind Bharti Telecom's deleveraging is to fortify the promoter firm when financial conditions are deteriorating for companies across the board
New York governor meets with Trump to push for infrastructure investment
WASHINGTON (Reuters) - New York Governor Andrew Cuomo met President Donald Trump on Wednesday to press for investment in the nation’s roads, bridges and railways as U.S. states begin to reopen after the coronavirus outbreak left the economy in tatters.
Brazil's Troyjo to be new head of BRICS bank; SBI's Anil Kishora vice-prez
The decisions were made on Wednesday at a special meeting of the Board of Governors in accordance with the Articles of Agreement of the NDB and its procedures, a press release from the bank said
Aditya Birla Fashion set to launch Rs 1,000 crore rights issue; here’s what it will do with the money
The board, which is meeting on Wednesday, is set to approve the plan to raise Rs 1,000 crore by way of a rights issue, which will be fully subscribed to by the promoters/promoter group, the official said.
Loans to MSMEs may get ‘risk-free’ tag
On FinMin nudge to RBI, banks may not need to set aside capital; Centre expecting less than 15% NPAs
Six Barrel Soda Expands Overseas Presence, Opens First Auckland Store
Six Barrel Soda Co. is growing its presence in Hong Kong and the United States, hot on the heels of expanding its export markets to include Canada just before the Covid-19 Lockdown.
Report: Local News Stations Run Segments Scripted and Produced by Amazon
According to a recent report, local news stations across the United States have run news segments scripted and produced by e-commerce giant Amazon. Unsurprisingly, the segments were overly positive about Jeff Bezos' company and its employment practices.
Why Carnival Corporation, Royal Caribbean, and Norwegian Cruise Line Stocks Jumped -- Then Slumped -- Wednesday
Shares of cruise industry stocks jumped out of the gate Wednesday -- then dropped anchor.
Indore: Man commits suicide after facing harassment from borrower
Due to the lockdown, Pahawa was facing some financial difficulties and he went to Rathi's place for his money on Tuesday.
Samsung copies the Apple Card, announces “Samsung Money”
Samsung announces a physical debit card and SoFi money management account.
Trump job approval falls to 2-year low in Rasmussen poll
President Trump's job approval sank toward a two-year low on Wednesday, according to a survey from the right-leaning polling firm Rasmussen.
Chewy: Reaping The Benefit Of Stay-At-Home Measures
Chewy is the largest pure-play pet e-commerce player and it was approaching break-even EBITDA as of Q4 2019. The pandemic and WFH measures have resulted in more
Girl, 11, plunges 200ft and breaks her back after falling through a gap on a glass walkway in a Chinese park
The 11-year-old dropped to the ground after her safety harness 'fell off', Chinese authorities said. The walkway comprises of dozens of see-through panes with gaps in between.
Is this what schooling will be like post-lockdown? Sale primary school plans revealed
A four-day week, classes of 15 and temperature checks on arrival are just some of the measures planned for Springfield Primary School.
Adesina hits back over graft accusations, vows to continue working
The president of the African Development Bank (AfDB), Akinwumi Adesina, hit back on Wednesday at accusations of corruption.
These 4 Chinese Stocks Are Too Risky to Own
Luckin Coffee and three other Chinese stocks could be in the blast zone of newly proposed regulations.
Post COVID-19: We're determined to pass local content bill to boost Nigeria's economy - Reps
The widely expected Nigerian Local Content Development and Enforcement Bill 2020, passed second reading on the floor of the House of Representatives recently.
GOG’s Summer Sale offers up to 95% off PC games, System Shock demo
The deals last through June 15
COVID-19's Final Act And Epilogue
COVID-19 is winding down. MLPs and MLP closed end funds are a bargain. The stock market has upside but there are many risks.
Informa Markets To Launch The Industry’s Largest Digital Tradeshow
Changes are coming! Informa Markets Fashion and wholesale e-commerce platform NuORDER have partnered to launch the industry’s largest digital tradeshow, which will debut alongside Informa’s
13 YouTube channels to turn yourself from wagecuck to finance god
It seems budgeting, saving, and investing are all the rage nowadays, and that everyone’s joining the FIRE (Financial Independence Retire Early) movement. This is reflected by the increasing popularity of budgeting and trading apps, ETFs (exchange traded funds, baskets of stocks you can invest in to spread your risk), and business news sites. But who […]
Pompeo: 'Hong Kong does not continue to warrant' special US treatment amid China crackdown
Secretary of State Mike Pompeo took a milestone step toward stripping Hong Kong of the special status that for decades has governed economic relations with the United States, citing Chinese encroachments on the territory.
Punjab seeks Rs 51,102 crore fiscal stimulus from Centre to overcome economic crisis caused by COVID-19
The stimulus package demanded by the state includes Rs 21,500 crore direct stimulus, CCL debt waiver and 100% funding of Central schemes.
Moscow in 2014 banned wholesale imports from the European Union of most types of fresh foods in response to EU sanctions over Russia's actions in Ukraine including the annexation of Crimea
Russia on Wednesday seized 40 tonnes of European cheeses smuggled into the country in breach of an embargo on EU food imports, the customs service said. The shipment included Dorblu blue cheese and Italian hard cheeses such as Grana Padano, the customs service said. This was in response to EU sanctions
Cape Breton theatre company to host movie screenings for family ‘bubbles’
Artistic and executive director Wesley Colford says for a flat fee of $150 plus HST, families or groups as small as just two people on a date can see a movie of their choice, as long as the theatre’s distributor has it in stock
H&M set to cancel furloughs for 2,500 at Stockholm headquarters
H&M , the world's second-biggest fashion retailer, said on Wednesday it expects the 2,500 furloughed staff at its headquarters in Stockholm to be ...
Coffee quality likely to drop as farmers struggle to offload unsold harvest
Kampala, Uganda | THE INDEPENDENT | The quality of coffee from a lot of farmers will likely be compromised as many who failed to get buyers to take their produce decided to heap it in their homes. This is according to the Uganda Coffee Development Authority (UCDA) managing director Emmanuel Ilamulemye, who spoke during an …
MLB players will take time to respond to money-slashing plan
NEW YORK (AP) — Baseball players will take at least a few days and possibly until next week to respond to Major League Baseball’s proposed sliding scale of salary slashing...
‘Samsung Money’ adds a physical debit card to Pay w/ account, more [Updated]
Later this year, Samsung is set to debut a new take on Samsung Pay that adds a physical debit card and account called "Samsung Money."
Boeing slashes 12,000 jobs as virus seizes travel industry
Boeing is cutting more than 12,000 jobs through layoffs and buyouts as the coronavirus pandemic seizes the travel industry, and more cuts are coming.
Everyone is looking for an escape in the Australian drama Dirt Music
Based on the critically acclaimed novel by iconic Australian writer Tim Winton, Dirt Music is a tale of love and redemption, set against the awe-inspiring backdrop of the Australian West.
Be Ready to Sell Speculative Marathon Oil Stock at Any Moment
Investors are chasing MRO stock up in May on an assumption the oil patch will permanently rebound. That's a foolish and costly mistake.
Drop in traffic and revenue triggers change in credit rating for B.C. Ferries
A massive drop in traffic and revenue has triggered a credit rating agency to change its view of B.C. Ferries. DBRS Morningstar has changed B.C. Ferries’ trend to negative from stable, though it . . .
Nasdaq Today: What's Sending Chip Stocks AMD and NVIDIA Lower Wednesday?
Stocks were largely mixed, but it was a poor day for the Nasdaq in particular.
Why can't private hospitals treat COVID-19 patients for free? SC asks Centre
The Supreme Court on Wednesday asked the Centre as to why the private hospitals, given land free of cost, couldn't treat COVID-19 patients for free. A bench of Chief Justice S A Bobde and Justices A
7 charts that show the silver linings of an otherwise horrible pandemic, from people saving more to the cleanest air in decades
By all measures, the coronavirus pandemic has crippled the United States economy: Unemployment is at record highs, lines for food banks circle entire city blocks, and the rate of business bankruptcies has accelerated.
Boeing cuts 12,000 jobs, resumes production of grounded jet
Boeing is cutting more than 12,000 U.S. jobs through layoffs and buyouts as the coronavirus pandemic seizes the travel industry. And the aircraft maker says more cuts are coming.
The Fed is considering a policy tool not used since World War II to keep borrowing costs at historic lows, Business Insider - Business Insider Singapore
Business Insider - Yield-curve control allows central banks to target certain long-term interest rates through the limitless buying and selling of bonds.. Read more at businessinsider.sg
Judge rules property fund to pay costs of dispute over warehouse access
Case concerned access to property on Long Mile Road
Global stocks mixed on unease over Hong Kong security law
Benchmarks in Shanghai and Hong Kong retreated after the White House said a proposed national security law might jeopardize the Chinese territory's status as a global financial center.
Can Marathon Oil Ever Get Back to $30?
Marathon Oil spun-off Marathon Petroleum (NYSE:MPC) on July 1, 2011. MRO stock has lost 78% of its value. Can it get back to $30?
The HyperX Cloud Mix headset on sale for $130 combines Bluetooth and gaming
Includes 40mm dual-chamber drivers for hi-res audio, a flexible detachable boom mic for communicating while gaming, and Bluetooth with a 20-hour battery life for portability. Go wired for gaming so you don't have to worry about the battery.
Rural Economic Development Minister open to internet being a public utility to increase access
Rural Economic Development Minister Mayam Monsef says she is open to internet access being a public utility to increase rural access.
Banks, financial stocks help Sensex, Nifty rise over 3%, check what propelled the rally on D-Street
Axis Bank was the top Sensex gainer, ending the session with a growth of 13.46 per cent. While Sun Pharma was the top Sensex laggard, after reporting Q4 earnings which were below expectations
Louisiana House members advance spending bills that use federal money to avoid deep cuts
The Louisiana House of Representatives on Tuesday approved a $30-billion-plus state operating budget that uses federal pandemic relief funds to make up for most of a projected billion-dollar revenue shortfall.
Boeing slashes 12,000 jobs as virus seizes travel industry
The layoffs are expected to be concentrated in the Seattle area, home to Boeing's commercial-airplanes business. The defense and space division is stable and will help blunt the impact of the decline in air travel and demand for passenger jets.
Ex-Watergate prosecutors say judge has legal duty to review facts in Flynn case
Sixteen former Watergate prosecutors on Wednesday said U.S. District Judge Emmet Sullivan should be allowed to review all the facts before deciding whether to grant a Justice Department request to drop the criminal case against President Donald Trump's former national security adviser Michael Flynn
EUR/PLN three-month forecasts trimmed to 4.80 from 5.00 – Rabobank
The Polish zloty has rallied sharply over the last sessions buoyed by investors’ confidence on a quick economic recovery, which has prompted the Rabob
Radical steps for protection of migrant labour; best way to push demand and employment opportunities
Our capitalist-feudal system views labour as a factor of production and not human beings.
Retailers add COVID-19 surcharge for services to help offset costs of pandemic
VANCOUVER - Among the many changes that returning customers to Hatz Hair Studio in North Vancouver may notice is a $5 charge on their bill to help offset co
New York governor floats infrastructure projects to reboot economy
NEW YORK, May 27 — New York Governor Andrew Cuomo yesterday floated a number of major infrastructure projects to reboot the US economy post-pandemic, saying he would raise the issue at a meeting today with President Donald Trump. “Let's do something creative, let's do it fast. Let's put...
The winner of Fortnite's Asia FNCS Invitational has been caught cheating
Sekosama has been stripped of their prize money and suspected for a fortnight.
Delhi confidential: Sound Of Silence
Former Maharashtra chief minister and senior BJP leader Devendra Fadnavis on Tuesday reeled out figures of the financial aid given by the Centre to the state, and accused the state government of not utilising the money.
More peacekeeping operations, fewer troops in 2019: Report
The number of multilateral peace operations, both by the UN and others, rose by just one to 61, according to a report by the Stockholm International Peace Research Institute (SIPRI).
NZ facing worst downturn in 160 years: central bank
If tough restrictions are re-imposed unemployment could rise to 18 per cent and banks would need to raise capital, the Reserve Bank of New Zealand warns.
Inadequacies, lapses: SC seeks answers from Centre and states on migrants
The judges said “adequate transport arrangement, food and shelters are immediately to be provided by the Centre and State Governments free of cost”.
Singapore Fortitude Budget: S$2b to create 100,000 jobs, traineeship, training opportunities
SINGAPORE, May 27 — The Singapore government will set aside about S$2 billion (RM6.12 billion) to create nearly 100,000 jobs, traineeships and training opportunities, as part of the Fortitude Budget announced by Deputy Prime Minister Heng Swee Keat yesterday. These will come under an SGUnited...
Appalachian State eliminating men's soccer, men's tennis
Appalachian State announced it is eliminating men's soccer, men's tennis and men's indoor track and field as a cost-cutting measure amid the pandemic.
Finnish study proposes a model to predict cryptocurrency defaults
University of Vaasa researchers propose a model that is capable of explaining 87 percent of cryptocurrency bankruptcies after only one month of trading. It could potentially serve as a screening tool for investors keen to boost overall performance of cryptocurrency investment portfolios by avoiding investing in unreliable cryptocurrencies.
Scale-up battle preparedness, Xi tells Chinese military
Xi's comments came in the backdrop of the continuing standoff between the militaries of India and China at the Line of Actual Control (LAC).
In Uttar Pradesh, 52 bats drop dead in 60 minutes on Tuesday
When Pankaj Shahi, owner of a mango orchard in Belghat area, saw a few bats lying dead in a nearby orchard on Tuesday, he informed the forest officials. By the time the forest team arrived, more bats dropped dead from the trees and the tally had gone up to 52.
Riskier European companies draw €32bn from bank credit lines
Matalan, Travelodge and Heathrow airport are among the subinvestment grade companies to tap loan facilities
52 bats drop dead in 60 minutes in this town of Uttar Pradesh
Within hours, people in Gorakhpur and adjoining areas were in a state of panic.People have their own reasons for the panic - some logical, some illogical
Players call MLB's economic proposal ' extremely disappointing'
The MLBPA said "the sides also remain far apart on health and safety protocols.”
Walmart is now selling used goods from Nike, Coach, Michael Kors and more as it dives into the $32 billion resale market
Walmart is diving into the $32 billion resale market through a partnership with the second-hand-sales site ThredUp.
Car buyers falling victim to vehicle sales scams
Consumers who want to buy cars should make sure that they deal with a legitimate car dealership to avoid being victims of scams.
Walmart is now selling used goods from Nike, Coach, Michael Kors and more as it dives into the $32 billion resale market
Walmart will for the first time sell used clothing, accessories, and shoes on its website through a partnership with the resale site ThredUp.
Today's top business news: Fitch says Indian economy to contract 5% in FY21, stocks rally ahead of F&O expiry, oil refiners ramp up demand, and more
Updates from the world of economy, markets, and finance
Concept of Transferrable College Credits
Education News: Isha is a bright student in first year B.Sc. at the Dehradun University. Her father is in a bank and gets transferred to Mumbai. Isha wants to reloca
Are new car sales about to boom?
According to Robert Gottliebsen, new car sales may be about to boom:
7 Big Little Lies Of The Modi Government’s Coronavirus Economic Relief
HuffPost India spoke to experts and read the fine print to find the Modi government has failed to put its money where its mouth is.
Omar: Saudi Arabia and Israel have too much influence on Trump - US & Canada
Minnesota Democrat claims Saudi Arabia and Israel rely in part on money to bring about their preferred outcomes.
US Treasury pressure leads to new probe of African Development Bank chief
Adesina has been accused of handing contracts to acquaintances and appointing relatives to strategic positions.
From Wall Street to Bethlehem, iconic sites reopen from virus
NEW YORK: Iconic world sites from the New York Stock Exchange to the Church of the Nativity reopened their doors … From Wall Street to Bethlehem, iconic sites reopen from virus Read More »
Tesla to cut car prices in North America, China
BEIJING — Tesla Inc said on Wednesday it will cut prices of its electric vehicles in North America as the firm ramps up car production at its Fremont, California, factory after the easing of coronavirus lockdowns.
Walmart teams with ThredUP to sell used clothing online
NEW YORK — Walmart is teaming up with online resale site ThredUP.com to offer nearly 750,000 items of used women’s and children’s clothing and accessories items on its website.
Reopening optimism fuels stock market surge
Stocks soared Tuesday as enthusiasm builds about the reopening of the country and the development of a coronavirus vaccine.
Coronavirus update: Germany virus reproduction rate drops further to 0.70
According to the latest data from the German disease and epidemic control center, Robert Koch Institute (RKI), the number of confirmed coronavirus cas
Banks move to avert fresh arrears crisis
The initiative is aimed at avoiding a cliff-edge effect at the end of September
Birla Tyres, Alok Ind: 41 penny stocks zoom over 100% from March lows
Among the noticeable names, Alok Industries, Birla Tyres, Opto Circuits, Andhra Cements, and Morepen Laboratories are some of the 41 counters that have rallied over 100% in the past two months
Power of Attorney given to stock brokers: What’s changing from June 1, 2020?
In the aftermath of the Karvy Stock Broking scandal which revealed misuse of Power of Attorney (PoA) issued by clients in favour of their stock broker, market regulator Securities and Exchange Board o
Tesla cuts car prices by up to $5,000
Its prices in China are also being reduced.
Companies Act amended, contributions to PM CARES Fund to be considered as CSR | Economy News
New Delhi: The Ministry of Corporate Affairs has issued a notification that contributions to the PM CARES Fund will be … Companies Act amended, contributions to PM CARES Fund to be considered as CSR | Economy News Read More »
Romualdez: DCC to approve P1.5Tr SAP under CURES Act
THE Defeat COVID-19 Committee (DCC) co-chaired by House Majority Leader and Leyte Rep. Martin Romualdez and Speaker Alan Peter Cayetano will approve this Thursday the P1.5 trillion social amelioration program under the proposed “COVID-19 Unemployment Reduction Economic Stimulus (CURES) Act of 2020."
Rupee settles 5 paise lower at 75.71 against US dollar
The rupee depreciated 5 paise to settle at 75.71 (provisional) against the US dollar on Wednesday, as market participants were concerned about rising tensions between the US and China amid coronavirus
Japan PM vows to back corporate financing with second extra budget
TOKYO: Japan's government will provide 140 trillion yen (US$1.3 trillion) to back financing of Japanese firms hit by the economic fallout from the ...
Samsung Galaxy A51 gets new variant with 8GB RAM, priced at Rs 27,999
The new 8/128GB variant of Galaxy A51 comes in three colours - Prism Crush Black, Prism Crush White and Prism Crush Blue.
Lengthy housing recovery
Canada Mortgage and Housing Corp. says it expects home prices and sales to decline substantially this year and still won't have recovered by the end of 2022.
The end of Europe's Chinese dream
Three developments have led the EU to abandon its goal of closer economic ties.
[Update: Official] Samsung is planning to offer a debit card this summer
According to Samsung, the company is planning to introduce a debit card with money management tools for Samsung Pay this summer.
Winter vegetable markets to reopen today with new timings
Winter vegetable markets will reopen today after three-day Eid Al Fitr break with new timings, offering a number of farm fresh local vegetables at competitive prices.
How to Trade Alibaba Stock After Underwhelming Earnings Fizzled Its Takeoff
Earnings upended Alibaba stock's breakout, and now the chart's a mess. Steer clear for now, or sell credit spreads to bank on the chop.
Live and let drive! Bond fans snap up Aston Martin’s new £3.3m replica Goldfinger DB5 complete with machine guns, smoke screens and bullet-proof shields (but it's too DANGEROUS to drive it on the road)
Aston Martin is creating a replica of one of its most iconic cars for James Bond fans, though the replica DB5s will not be road legal and will have a price tag of £3.3 million.
Singrobo hydropower project to deliver electricity under a 35-year PPA
Power company Themis Group announced it has issued a Full Notice to Proceed with construction of the 44MW Singrobo Hydropower Project, in Ivory Coast.
GCEX to Use Koine Custody and Settlement Service
Koine, a provider of segregated, institutional custody and settlement services for digital assets and fiat money, has integrated with digital broker GCEX.
Ola Electric acquires Amsterdam-based Etergo, to launch electric two-wheeler next year
Ola Electric Mobility (OEM) on Wednesday said it has acquired Amsterdam-based Etergo BV, a move that will help the Indian firm foray into the global premium electric two-wheeler market.
Got $3,000? These 5 Beaten-Down Stocks Are Begging to Be Bought
Opportunity is knocking for investors with a long-term mindset.
Enter Nifty at current levels from 3-5 years’ perspective: IIFL Wealth
‘The biggest driver for economic recovery will be demand revival and consumption
Africa: Building resilient economies through regional integration
The second Africa Regional Integration Index (ARII 2019) launched by the ECA, AfDB and the AUC, calls for African economies to deepen their integration.
Stock markets mixed as China-US tensions return to fore
HONG KONG, May 27 — Equities were mixed today as profit-taking and worries about deteriorating China-US relations were weighed against optimism over the gradual reopening of economies around the world. Hong Kong extended losses as police fired pepper-ball rounds as anti-China protesters took to...
EUR/CHF: Awaiting EU Recovery Fund details in the 1.05-1.07 range – Credit Suisse
Analysts at Credit Suisse see a 1.05-1.07 range in EUR/CHF as the most likely outcome for the time being pending further details on the EU Recovery Fu
Is Trump going to cruise to re-election on a partial coronavirus recovery?
He might win, but it will be in spite of a horrible economy
COVID-19: New cases drop to 15 today, new record low during MCO
After recording a staggering 187 new cases yesterday, the number of new COVID-19 cases have dropped to 15 today. This is the lowest daily figure in Malaysia since the movement control order was imposed on 18th March 2020. The total number of confirmed cases in Malaysia is now 7,619.
Gold trades with modest losses, holds above $1700 amid escalating US-China tensions
Gold dropped to fresh two-week lows during the early European session and was last seen trading with modest losses, just above the $1700 mark. The com
Robinsons squash buoys Britvic as sales hit by pub closures
Sales of child-friendly brand Fruit Shoot were affected by the lockdown, the company said, as people stayed at home.
Covid-19 to drive €4bn loan losses in Irish banks
Pandemic will wipe out capital due to be returned to shareholders
India's GDP growth to slow down to 1.5% in Q4, says ICICI Bank report
India's GDP growth is estimated to be 4.2 per cent for full fiscal FY20 and minus 4 per cent for FY21 "with more than Rs 14 lakh crore of real output loss", as per ICICI Bank's research report
The Billionaire Governor Who’s Been Sued Dozens of Times for Millions in Unpaid Bills
Gov. Jim Justice is West Virginia’s richest man. Over the last three decades, lawsuits over unpaid bills have cost his constellation of companies more than $128 million in judgments and settlements.
Robinsons squash buoys Britvic as sales hit by pub closures
Sales of child-friendly brand Fruit Shoot were affected by the lockdown, the company said, as people stayed at home.
Short covering or a catch-up rally? What drove Sensex up 996 points
Among the blue chips, bank and financial stocks were in heavy demand.
Mothers are nearly 50% more likely to have lost jobs due to Covid crisis than fathers - and are doing lion's share of childcare and housework in lockdown, UK study of 3,500 families shows
In families where both the parents were employed, women spent more time simultaneously trying to work and care for children compared with their partners, according to the Institute for Fiscal Studies.
Agrochemical stocks rally; Bayer Crop hits new high, Dhanuka Agri soars 17%
UPL, Rallis India and Sumitomo Chemical India were up 5 per cent each on the BSE.
Floor trading resumes at Wall Street, with masks and plexiglas
Stocks surged following the trademark opening bell, which was presided over by New York Governor Andrew Cuomo and NYSE officials – all wearing masks.
The right economic response to the COVID-19 crisis
Extraordinary measures are needed.
What every Canadian investor needs to know today
A look at the morning’s market action