Economy 863
Blow to Bitcoin as Latest BofA Survey Finds Loopholes in “Bear Market Rally”
Bitcoin's breakneck bounce off its March 13 lows transformed into a full-fledged rally, eking up to 161.25 percent gains in just two months. But the cryptocurre
Bitcoin Cash Cryptocurrency Does “Not Look Healthy” After April Halving: Analyst
Just over a month prior to the Bitcoin (BTC) block reward halving on May 11th, forked cryptocurrency Bitcoin Cash (BCH) experienced its first-ever
Punjab, MP lead the way as wheat procurement tops last year's level
The government has purchased 34.15 mln tonnes wheat iill May 24, compared to 34.13 mln tonnes procured in all of 2019.
World Bank’s approval for Nigeria’s $1.5b cash coming July
The World Bank will take final decision in late July on a $1.5 billion loan to support Nigeria as it fights the novel coronavirus, the bank’s country ...
Wheat procurement surpasses last year’s target
:A spectacular 55 per cent increase in wheat procurement in Madhya Pradesh as compared to the previous rabi marketing season has helped government agencies to surpass the total procurement of 341.3 la
Day 1 of flights resumption: Airlines walk an extra mile to ensure safe ops
Domestic operations were suspended on March 24. While cargo and relief operations are underway, a majority of aircraft had to be maintained in proper condition.
Paper cone, tube manufacturers in dire straits
The paper cone and tube manufacturing sector has been in trouble since the end of 2019.KS Balamurugan, Managing Director, KU Sodalamuthu and Co Pvt Ltd, attributes this to economic slowdown and fallin
Lockdown hinders construction of road to Chhattisgarh's Maoist hot spot
Security forces had taken up the 35-km road project on a war footing, at least three CRPF camps had been set up on the stretch to create a security blanket for workers engaged in its construction
Covid impact: Icra pegs GDP growth at 1.9% in Q4 and 4.3% in FY20
Earlier, the second advance estimates of the government pegged the growth at 5 per cent in 2019-20, but analysts had doubted that number
Chaos reigns at airports as domestic flights take off after 2-month gap
Tweaking of flight schedules led to cancellation of several flights
Rajasthan govt withdraws order increasing daily working limit to 12 hours
Congress-ruled Rajasthan was the first state to increase the working hour limit to 12 hours from 8 hours through an order issued on April 11
PM says provincial reopenings can be 'confusing' after thousands pack Toronto park
Prime Minister Justin Trudeau says it's natural for people to be 'a little confused' about what they can and cannot do as the economy begins to reopen, but warned that we must remain smart to avoid a resurgence of COVID-19.
Stock, Forex, Commodity, Currency Markets Shut For EId-Ul-Fitr (Ramzan) 2020
On May 22, the Sensex had ended lower by 0.84 per cent and Nifty was down 0.74 per cent. Domestic … Stock, Forex, Commodity, Currency Markets Shut For EId-Ul-Fitr (Ramzan) 2020 Read More »
Ndlozi invites derision for saying ‘lockdown was for the white community’
The EFF's former spokesperson has tried to sell the idea that white people are now happy to reopen the economy at the expense of 'disposable black workers'.
Mandating download of Aarogya Setu may be unconstitutional, say experts
Even as confusion reigns over whether the Aarogya Setu app will be made mandatory for airline travel, legal experts and cyber activists say that any efforts to make it compulsory would be anti-constit
Laptop imports from China surge during shutdown
Australia's working from home boom saw the importation of laptops and office equipment from China jump by up to 40 per cent during the COVID-19 shutdown in April.
Over 500 flights take off, but states create plane confusion at airports
Maharashtra clears air, says short-term visitors exempt from isolation
Cree Stock Headed Below $35?
Due to the spread of the novel Coronavirus that has rattled the stock markets and the broader economy, at the current price of $50 per share, we believe Cree stock (NASDAQ: CREE) could see significant downside if there are no signs of abatement of the crisis by June 2020...
Must start Rs 1,000 per month transfer now: Abhijit Banerjee and Esther Duflo
In a conversation with each other at online version of Jaipur Literature Fest on Sunday, Banerjee said that India could help in mass production of the Covid 19 vaccine, when it is developed, but cautioned that in the absence of one, India is set to see another lockdown since cases were only rising.
Covid-19: FSSAI extends deadline for compliance norms for traditional sweets
In a relief for traditional sweet makers, the Food Safety and Standards Authority of India (FSSAI) has decided to extend the deadline for enforcement of certain mandatory compliance norms for non-pack
Dabiri-Erewa, Pantami fight over office space gets messier
After a series of confrontations between Nigeria's communication and digital economy minister Isa Pantami and chairman of Nigerians in Diaspora Commission (NiDCOM) Abike Dabiri-Erewa, the fight over an office space took another turn late Sunday.
PSUs, govt agencies owe Rs 5 trn in outstanding dues to MSMEs: Gadkari
The MSME minister said the Centre has decided that its ministries and public sector undertakings will clear outstanding payments of MSMEs within 45 days
As edible oils pact with Malaysia, Indonesia ends, India should now hike import duties: SEA
The Solvent Extractors Association of India (SEA) also urged the government to ban the import of refined palm oils or palmolien in order to encourage domestic production. These are some of the short-term measures the trade body has submitted to the government for making India self-sufficient in edible oils.
CBIC clears Rs 11,052 cr GST refund claims since April 8
Refunds have been sanctioned while ensuring work from home, it added. The finance ministry had on April 8 said that to provide relief during COVID-19 it has been decided to issue all pending GST and custom refunds which would benefit around 1 lakh business entities, including MSME.
As edible oils pact with Malaysia, Indonesia ends, India should now hike import duties: SEA
Among long term measures, SEA has suggested the government to encourage Punjab and Haryana farmers to divert land to corn or sunflower in kharif season and mustard in rabi season.
Time to hike edible oil import duties: SEA
As India’s 2010 pact with Malaysia and Indonesia came to an end, the Solvent Extractors Association of India (SEA) on Monday said the government should hike Customs duty on soya, sunflower and crude p
CBIC clears Rs 11,052 cr GST refund claims since April 8
The CBIC had earlier asked its field officers to avoid asking for physical submission of documents from entities who are claiming GST and Customs refunds and instead use official email for all communication.
Young people dominate early super withdrawals
Young Australians comprise the majority of people making early withdrawals from their superannuation, as the COVID-19 crisis sweeps through the economy.
ILO expresses deep concern at ‘suspension’ of labour laws
Appeals to Modi to uphold international commitments
Tamil Nadu allows domestic flight operations, issues SOP for airports
Tamil Nadu, late on Sunday, gave nod for domestic flight operations in the State from today.Flights to Chennai, Coimbatore, Madurai and Trichy are to operate from today. However, incoming flights to b
Nordic investors turn up heat on coal in climate campaign
Nordic investors turn up heat on coal in climate campaign
JobKeeper fuels 'major hunger' for new sneakers
Young Australians flush with JobKeeper cash are leading a boom in discretionary online spending, retailers say.
Fitch sticks to AAA credit downgrade warning
Fitch Ratings has maintained its negative outlook rating on Australian government debt, despite the massively cheaper revised cost of the JobKeeper scheme.
Covid-19 boosts local demand for premium fruits, vegetables
Indian consumers are willing to pay a premium to get hygienic and nutritional daily essentials, prompting exporters of horticulture produce to draw strategies for the domestic market.
Central bank printing presses might be in overdrive, but inflation is not the real threat here
Martin Pelletier: Many are underestimating the real risk that the economy may not return to pre-crisis levels for some time
Bengal and Assam tea sector estimated a loss of Rs 2,100 crore due to lockdown
Indian tea sector has estimated loss of Rs 2,100 crore in Assam and Bengal due to lockdown. This is based on the price recovered in 2019 North India tea auctions. These two north Indian tea producing states contribute over 80% to India's national yield. The plantation sector has requested government for a multidirectional financial package to come out of the crisis.
CBIC clears Rs 11,052 crore GST refund claims since Apr 8 to benefit MSMEs
he finance ministry had on April 8 said that to provide relief during the cor it has been decided to issue all pending GST and custom refunds
Battling Covid-19: Denmark keen to share best practices with India
Both countries to share best practices, exchange information in medical research, testing kits, vaccine development
Talks on Lufthansa aid not concluded yet: ministry
BERLIN (Reuters) - Negotiations on a government bailout for coronavirus-stricken airline Lufthansa (LHAG.DE) are in their last phase but have not been concluded yet, a spokeswoman of the German economy ministry said on Monday.
Global shares rise on hopes for economies’ gradual reopening
TOKYO (AP) — Global shares rose Monday, with Europe tracking gains in Asia despite news that the German economy fell into recession in the first quarter of the year amid...
How investment in nature can help the North's economy recover after lockdown
Natural assets are one of the North's greatest strengths, says IPPR North
Coronavirus crisis: All that's bad about a 'Bad Bank'
The creation of a bad bank in its present format can only provide a temporary reprieve, by enabling transfer of a large chunk of NPAs, to make the banks' balance sheet look better
A longer JobKeeper will keep people in fake jobs
Extending JobKeeper for businesses that can't stand on their own two feet by September, will stop the shift of people out of dead-end illusory jobs that are sadly never returning.
Lack of permission to operate special chartered flights hurts seafarers’ job prospects
Lack of government permission by Monday to a ship management company to run a chartered flight on May 28 to Colombo, will kill the employment chances of some 150 Indian seafarers on board five ships.T
UP maps migrant skills, aims to clones textile story of Vietnam, Bangladesh
Over 12,000 workers found to be trained in garment making and tailoring so far; more than 2.3 million have returned to UP from different states
Indian innovators step up to make world class ventilators
‘These ventilators will cost only a fraction of foreign made ones’
Opinion: Nigeria’s 5-years of a turnaround under Buhari by Abe Kolawole
But when all these did not post the desired result on the economy, he threw his arms up in surrender in that statement that portrayed his helplessness on it.
Our universities need to change for an as yet unimagined future
South Africa needs to build national capacity for an economy that needs skills that are radical and complex. In order to facilitate this, we need to ‘decolumnise’ campuses from the grand colosseums to a vibrant, insightful, smart network of decentralised partners.
Fast Track mergers: MCA keen to extend facility to more classes of companies
asks industry to come up with comprehensive suggestions
Trudeau says he’ll seek 10 days of paid sick leave for all workers
Liberals will also work on other long-term measures to make it easier for workers to stay home when they're ill
Companies must adhere to strict health, safety protocols - Ramaphosa
The president warned that the risk of a massive increase in COVID-19 infections would be greater as the economy opened up and millions of more people returned to work.
Stock, Forex, Commodity, Currency Markets Shut For Ramzan
The domestic financial markets - including equity, debt and currency segments - are shut on Monday, May 25 for Id-Ul-Fitr (Ramzan).
Workplace bullying costs economy €239m per year
NUI Galway study finds that bullying is more prevalent in public sector than the private
Wolves are at it again, destroying Zimbabwe’s currency
Zimbabwe’s currency Before the lockdown on March 30,was trading around ZW$35 to the United States dollar (USD). Within a week, it had raced to ZWS$45
Most agritech start-ups have seen a V-shaped recovery: Omnivore’s Kahn
Omnivore, the largest agritech-focussed venture capital firm in the country, has continued to make fresh and follow-up investments in two dozen Indian startups despite the crisis triggered by the Covi
Unease in Greece as restaurants, cafes reopen
Restaurants and cafes across Greece opened ahead of schedule Monday as the country prepared to launch a shortened tourism season vital to its economy.
Inflation remote risk compared with Bank of Canada’s bigger worry — depression-inducing mix of deflation and debt
Kevin Carmichael: In his final speech as Governor, Stephen Poloz seeks to allay fears that the billions being pumped into the economy will lead to runaway prices
Survey shows majority of youths agree Covid-19 stimulus package can boost economy
KUALA LUMPUR, May 25 — The majority of youths feel the Economic Stimulus Package will counter the impact of the Covid-19 pandemic and boost the national economy. A survey conducted by the Institute for Youth Research Malaysia (IYRES) from April 14 to 24 found that 97. 2 per cent of the 2,928...
POST COVID-19: Relocate dry dock to open up economy in N’Delta – PANDEF, UNDEDSS
THE Pan Niger Delta Forum, PANDEF and the United Niger Delta Energy Development Security Strategy, UNDEDSS, Monday, restated calls for...
India has surplus capacity, may allow export of masks in a week: Sources
Exports of personal protective equipment (coveralls) may be considered next as far as export curbs go
Demand for budget-friendly homes surges amid layoffs, pay cuts
As the Nigerian economy falters due to the ongoing coronavirus outbreak, businesses are worst off, prompting pay cuts in many companies, search by people living in rented houses for budget-friendly homes across cities and towns to reduce costs.
German IFO’s Economist: Economy sees light at the end of the tunnel
Following the release of the final German IFO Business Survey, the institute’s Economist said that the economy sees light at the end of the tunnel. Ad
JobKeeper blunder may have forced up debt costs by $180m
The Morrison government may have overpaid in a bond market that was anticipating a $130 billion JobKeeper program.
German economy starting to see light at end of tunnel - Ifo economist
BERLIN — The German economy is beginning to see light at the end of the tunnel after the passing of the severest phase of the lockdown imposed to slow the spread of the coronavirus epidemic, Ifo institute’s economist Klaus Wohlrabe said on Monday.
How the 2020 US Presidential Election May Be Keeping Bitcoin At Bay
Bitcoin's next rally may not occur until after the 2020 United States Presidential Election takes place in November of this year.
Greece reopens cafes, restaurants as summer season nears
ATHENS (Reuters) - Greece allowed cafes and restaurants to reopen on Monday as part of a gradual lifting of its coronavirus restrictions to reboot its tourism-dependent economy and help draw in foreign visitors ahead of the summer season.
Massachusetts Drive-in Movie Theater Sells Out on Memorial Day for 'Jurassic Park'
A historic Massachusetts drive-in cinema reopened on Memorial Day to sold-out screenings after the state lifted coronavirus restrictions on certain businesses as part of its phased approach to restarting its economy.
Brazil turns to multilateral lenders in coronavirus crisis
BRASILIA — Brazil’s government hopes to borrow $4 billion from multilateral lending organizations to finance expenses related to the coronavirus crisis, including emergency supplementary payments and other social support programs.
No more grants for the self-employed, Treasury says - Inside Israel
Treasury says the economy is back to normal.
Government’s ‘Job Maker’ plan to be revealed today
The Prime Minister is today expected to unveil plans of the new ‘Job Maker’ program, as part of plans to reignite the Australian economy. The program will encourage small, medium and large businesses…
When lockdown is over, bring workers back to their jobs but with free rail travel
Encourage local industries or work from home to harness women’s energy. The shramik has waited long enough. They deserve better.
New emissions blow for VW as German court backs damages claims
FRANKFURT: German airline Lufthansa said Monday it has received approval for a €9 billion ($9.8 billion) “stabilization package” from a government support fund to keep the company going through the turbulence from the coronavirus outbreak, but cautions the deal has not been approved by the EU’s executive commission.
COVID-19 checkpoints ‘up to them,’ Bonnie Henry says of remote B.C. villages
Support local tourism economy, but only if you’re invited in
COVID-19: Reps seek enforcement of local content in all sectors of economy
ABUJA-In what appears like a proactive way of tackling an anticipated harsh economic weather in the post COVID-19 pandemic era, the House o
Business sentiment rises but Covid-19 concerns persist
‘Nobody is losing the run of themselves’ but they see light ahead, says Bank of Ireland
U.S. Sanctions against China Tailwind for Bitcoin’s Bullish Moves
Bitcoin anticipates market growth as White House National Security Advisor Robert O’Brien threatens China with economic sanctions over Hong Kong national
Need to convert development into mass movement: NITI Aayog's Rajiv Kumar
There is a need to convert development into mass movement, and India should aspire to become second or third largest economy in the world by 2047, Niti Aayog Vice Chairman Rajiv Kumar said on Sunday.
‘It’s very worrying’: Jobs axed and fears for tourism industry in Perthshire town as hotel permanently closes
The closure of a landmark Perthshire hotel has sparked fears for the local economy as the coronavirus lockdown takes its toll on tourism in the area.
Virtual Reserve Bank cash cut lowers rates
A virtual easing of monetary policy by the Reserve Bank – which has allowed money market rates to fall to almost half the official 0.25 per cent target – is helping lenders reduce mortgage rates to record low levels.
NCLAT sets asides NCLT order to make MCA party in all insolvency, company matters
Rejecting the order, the NCLAT said: "The impugned order making it applicable throughout the country to all the Benches of the National Company Law Tribunal is untenable one and the said order suffers from material irregularity and patent illegality in the eye of Law".
India’s wheat procurement surpasses last year’s level of 34.1 mn tonnes despite COVID hurdles | Economy News
New Delhi: The government’s wheat procurement so far in the 2020-21 marketing year has surpassed the last year’s 34.13 million … India’s wheat procurement surpasses last year’s level of 34.1 mn tonnes despite COVID hurdles | Economy News Read More »
Hertz files for US bankruptcy protection as car rentals evaporate in pandemic
The firm, whose largest shareholder is billionaire investor Carl Icahn with a nearly 39 percent ownership stake, is reeling from government orders restricting travel and requiring citizens to remain home.
Reverse migration to villages has set economy back by 15 years, says JNU professor
India risks losing benefits of the demographic dividend by not creating enough jobs for new entrants, warns Professor Mehrotra.
Engineers want the Government to increase spending to stimulate the economy
The Government needs to take advantage of the low cost of borrowing for capital projects to increase spending and stimulate economic recovery, the new President of the Association of Consulting Engineers of Ireland (ACEI) has said.
States pitch for maximum permissible use of Consolidated Sinking Find
Some States complain that despite easing of rules, the RBI has approved for smaller quantum of funds
Canada's banks to cement status as solid investments in a crisis
(Reuters) - Canadian banks, whose dividends yields climbed during the financial crisis, are again gaining favor with investors, as their pledges to maintain payouts gives them an edge over global counterparts who have shunned them.
COVID-19: We don’t have money to import food, says Buhari
President Muhammadu Buhari says Nigeria no longer has money to import food due to the impact of the COVID-19 on the nation’s economy...
Japan cautiously lifts last of virus emergency controls
The government’s decision to lift the declaration highlights its strong desire to revive the nation’s faltering economy as quickly as possible.
China Will Use Its Digital Currency To Compete With The USD
Digitization of currency is inevitable — it is whether or not it is cryptocurrency that prevails that will determine whether that will be at the hands of nation-states battling with one another, or a set of independent peers cooperating with one another.
Business Live: Domestic flights to resume from today; Jiomart goes live to take on Amazon, Flipkart
Updates from the world of economy, markets, and finance
Southbank Centre at risk of closure until April 2021 due to financial pressure
The arts organisation has called for further Government support.
Ex-German Finance Minister Confirms Support for EU Economic Recovery Plan to Tackle COVID-19 Crisis
Last week, German Chancellor Angela Merkel and French President Emmanuel Macron proposed that a hefty recovery fund should be set up to shore up EU economies struggling...
At least 23 million migrants are returning to India’s villages. Can the rural economy keep up?
The country’s villages are already grappling with hidden unemployment.
Southbank Centre at risk of closure until April 2021 due to financial pressure
The arts organisation has called for further Government support.
Southbank Centre at risk of closure until April 2021 due to financial pressure
The arts organisation has called for further Government support.
Central Bank warns people of four unauthorised financial firms in operation
The Central Bank says Aran Asset Management, MSIM Fund Management, and CMS ICAV have cloned the details of already existing firms.
Government may issue 3-4 new 10-year benchmark securities this fiscal
The government may end up issuing three or four new 10-year benchmark securities instead of the usual two it has been issuing each of the past years, as it will be borrowing more in FY21 amid the pan
Carney: America’s Economy Slowly Comes Back to Life
Small pieces of real time, high frequency economic data all tell the same story: the worst of the coronavirus impact on the U.S. economy is behind us. | Economy
Central bank asset purchases creating ‘fake markets’, analyst warns
'They're no longer related to any fundamental analysis whatsoever'
Why Washington should rush more economic aid to the states
The economy is in more dire straits than Washington politicians behave, and they need to put aside their partisan agendas and fencing on Twitter to save it.
California Reopens Places of Worship, In-Store Retail Businesses
California, which has seen some of the most serious restrictions introduced due to the COVID-19 outbreak in the United States, started to gradually reopen its economy...
Mexico can benefit from Chinese economic slowdown, Lopez Obrador says
Mexico can benefit from Chinese economic slowdown, Lopez Obrador says
Japan Economy Minister Nishimura: State of emergency no longer needed in any region of country
As noted, Japan is seeking to end its state of emergency this week and in recent headlines, Japan Economy Minister Nishimura is on the verge of making
Mexico can benefit from Chinese economic slowdown, Lopez Obrador says
MEXICO CITY, May 25 — A slowdown in China’s economy this year should allow Mexico to attract more investment, lure companies and create jobs, Mexican President Andres Manuel Lopez Obrador said today. Speaking at a regular government news conference, Lopez Obrador pointed to forecasters’...
Today in 2006: We should concentrate on economy - Kufuor
Fourteen years ago, former president, John Agyekum Kufuor, stated that the country’s priority should be centered on development of the economy, after fifty years of nation building.
Slump in consumption, exports push Germany into recession in first quarter
Slump in consumption, exports push Germany into recession in first quarter
Canada's banks to cement status as solid investments in a crisis
Canada's banks to cement status as solid investments in a crisis
South Africa to further ease lockdown
President Cyril Ramaphosa announced a further easing of South Africa's coronavirus lockdown from June 1, allowing the vast majority of the economy...
What Do The Latest PMI Surveys Suggest About The State Of The Economy?
Is the economy contracting at a slower pace than in April? Is more coronavirus relief on the way for Europe? The latest on equity market performance.
Slump in consumption, exports push Germany into recession in Q1
BERLIN, May 25 — A slump in capital investments, private consumption and exports pushed the German economy into a recession in the first quarter, detailed data showed today, giving a glimpse of the damage caused by the coronavirus pandemic. The Federal Statistics Office said capital investments...
Slump in consumption, exports push Germany into recession in Q1
A slump in capital investments, private consumption and exports pushed the German economy into a recession in the first quarter, detailed data showed on Monday, giving a glimpse of the damage caused by the coronavirus pandemic.
There’s a 77% Chance Bitcoin Trades Above $9,200 This Week: Market Study
Bitcoin may still be up 135% from March's lows, but the cryptocurrency's technical outlook is far from bearish.
Surgutneftegas: Now It Looks A Bit Less Crazy In This Crazy Market
Unlike many other Russian O&G companies, Surgutneftegas decided to cut its dividends. Earlier, the company's earnings for 2019 crashed by 8 times. From this per
I refinanced my mortgage during COVID-19, and thanks to low interest rates I'll save about $50,000
When my wife and I bought our home about three years ago, we were thrilled to just be approved for a loan. As a newly self-employed writer, we definitely had to jump through a few hoops to buy our home despite credit scores above 800.
US 'Reopen' Movement Concerned About Liberty, Overwhelmingly Backs Trump - Report
A study - The Reopen Movement: Motivations and Pathways to Support - disputes claims by liberal critics that the intention of these individuals is reopening the economy...
Australian PM Morrison rolls out plan to save economy as China slaps tariffs on country's exports – Sputnik
Early Tuesday morning in Asia, Sputnik came out with the news conveying the details of the Aussie PM Scott Morrison’s plan to combat China’s recent pu
Pandemic personal finance update finale: A 10-point checklist of things you should have done by now to protect or improve your money situation
This tenth, and last, instalment of the Pandemic Personal Finance Update will look at 10 steps to guard your financial well-being
Quarantine plan would devastate aviation sector
Sir, – As an island nation and open economy, we are dependent on aviation as a critical artery for the life-blood of trade and tourism for our future prosperity.
India faces worst locust swarm attack in decades: What does it mean for agri economy?
So far, locusts have been controlled in more than 14,000 hectares of land in Rajasthan and Punjab, says Narendra Singh Tomar, Union Minister of Agriculture and Farmers Welfare
ILO concerned over states’ move to ease labour laws, urges PM to intervene
The International Labour Organisation (ILO) has expressed ‘deep concern’ over the way some state governments are trying to modify relevant laws to ease labour regulations, and has requested Prime Minister Narendra Modi to intervene and ask states to uphold the country’s international commitments on the labour front.
China Vows Retaliation if US Continues Meddling in Its Hong Kong Policy
The island enjoys a certain degree of autonomy in terms of its economy and laws, but recently Beijing decided to introduce stricter penalties for treason and sedition...
3 Reasons Bitcoin Will Ultimately Break Out To The Upside
Market Analysis by Andy Hecht covering: BTC/USD, Bitcoin Futures CME. Read Andy Hecht's Market Analysis on Investing.com
3 Reasons Bitcoin Will Ultimately Break Out To The Upside
Market Analysis by Andy Hecht covering: BTC/USD, Bitcoin Futures CME. Read Andy Hecht's Market Analysis on Investing.com
Sovereign rating: Economists shrug off downgrade fear amid Covid crisis
Unprecedented crises, they stress, warrant elevated government spending to rekindle growth impulses fast and protect both lives and livelihood, while fiscal hawkishness is best reserved for normal times.
Coinbase Investor And Reddit Cofounder Sees A New Bitcoin And Crypto ‘Spring’
Reddit co-founder and early investor in major U.S. bitcoin and crypto exchange Coinbase, Alexis Ohanian, has said he sees the green shoots of a new bitcoin and "crypto spring"...
Hertz files for bankruptcy after rental-car demand vanishes
Drop in used-car sales compounds financial woes.
State Governments face unprecedented financial crisis
The report stated as follows: “the states were expecting to share N3.3 trillion from the Federation Account during the year, they
Senior markets operative jumps ship to MST Financial
Gerard Satur's MST Financial has made another high-profile hire.
India may register recession in third quarter of this fiscal: Report
The Indian economy is likely to slip into recession in the third quarter of this fiscal as loss in income and jobs and cautiousness among consumers will delay recovery in consumer demand even after the pandemic, says a report.
Unease in Greece as restaurants, cafes reopen
Restaurants and cafes across Greece opened ahead of schedule Monday as the country prepared to launch a shortened tourism season vital to its economy.
Bitcoin Miners in Sichuan Province Ordered to Shut Down in ‘Orderly Manner’
The Chinese province is said to be home to roughly 10 percent of Bitcoin's global hash power.
India should immediately start cash transfers of 1,000 per person: Abhijit Banerjee and Esther Duflo
The cash transfer of Rs 1,000 per person each month is expected to make a big difference as it would help the common man to pay for all the emergency needs, Banerjee said
RBI And MPC Should Junk Monetary Policy Calendar In Times Of Covid-19, Act Preemptively To Avert Crisis
The problem is not what the RBI will or will not do, but it is more to do with the timing.
Credit score drop? How to diagnose why, and what to do next
As the pandemic hits the economy hard, lenders and credit card issuers are offering payment modification programs such as forbearance and deferrals.
Hotel owners fight to save jobs during COVID-19 crisis
As we speak, hotel occupancy rates have plummeted to less than 5% in the entire country
International Labour Organisation writes to PM Modi, says India should uphold labour laws
This comes after 10 central trade unions lodged a joint complaint with the international body over some BJP-ruled states allowing complete exemption from labour laws for new establishments to attract investments and most states increasing the work hours from 8 hr to 12 hrs in single shifts.
SC allows AI to run int'l flights with middle seats filled for 10 days
The top court said that after June 6, Air India will operate its non-scheduled flights in accordance with the interim order to be passed by the Bombay High Court
Economist Brian Easton says the media treat budgets as bit of a circus: lots of theatre and soon forgotten. For a serious economist they show how the official team of economists is thinking about the wider economy
Economist Brian Easton says the media treat budgets as bit of a circus: lots of theatre and soon forgotten. For a serious economist they show how the official team of economists is thinking about the wider economy
Bank of Canada head: inflation could return to target more slowly
Bank of Canada head: inflation could return to target more slowly
Nigeria's economy grows by 1.8% in first quarter of 2020
It is the slowest quarterly growth rate in one-and-a-half years, and comes as Nigeria has still not recovered from a 2016 recession that sent more than 13 million people into unemployment.
EU eyes first face-to-face summit in months to haggle over budget
European Commission to propose blueprint for € 1tn multiannual financial framework
Bank of Israel leaves rates unchanged, sees less economic damage in 2020
JERUSALEM (Reuters) - The Bank of Israel left its benchmark interest rate ILINR=ECI at 0.1% on Monday, saying economic damage from the coronavirus outbreak was likely to be less than initially feared.
UK’s NatWest Reports Significant Increase in Local Businesses Accepting Payment Cards, as they Move Away from Cash Due to COVID-19
Consumers across the globe continue to increasingly use digital payments options instead of physical cash, due to COVID-19. NatWest claims that it has witnes
Better off staying closed?
Some businesses could be better off staying closed than risk re-opening during the second phase of the B.C.’s government's plan to safely and gradually re-open the economy, according to Val Litwin, president and CEO, BC Chamber of Commerce.
Central Banks Are Destroying What Was Left of Free Markets
The Fed and other central banks are entering into a huge money-printing experiment in hopes of keeping the government-spending machine going at full speed forever. The unintended consequences will be highly destructive.
Australian Prime Minister Rolls Out Plan to Save Economy as China Slaps Tariffs on Country's Exports
Trade relations between the two geographic neighbours reached a new low as Beijing banned several Australian beef-exporting companies and slapped an 80% tariff on the...
China to further crack down on manipulation of financial market
China has strengthened the effort to crack down on manipulation of financial markets in an effort to prevent and resolve financial risks, according to China’s top Chief Justice.
Why Africa can’t afford further delay on AfCFTA -- AFREXIMBANK
The devastating impact of the coronavirus pandemic on Africa’s economy has shown that the continent can ill-afford a further delay in the implementation
Germany mulls €50,000 a month for stricken firms
FRANKFURT AM MAIN, May 25 — Germany’s economy ministry today unveiled plans to ramp up support for hard-hit smaller companies, proposing as much as €50,000 (US$54,000) in monthly aid to help the nation’s vaunted “Mittelstand” survive the coronavirus crisis. The proposal, seen by AFP, is...
Ab ki baar, Atmanirbhar: Modi’s mega package is an economic masterstroke
Pandemics, in the past, were notorious for taking away lives. But, coronavirus, or Covid-19, has snatched away livelihood too. With the global economy suffering from an unprecedented crisis, India, which is under lockdown from the last week of March, is no exception. Continue Reading →
Japan to end Tokyo’s state of emergency, eyes fresh $930 billion stimulus
The world’s third-largest economy has escaped an explosive outbreak with some 17,000 infections and 825 deaths so far; however, the epidemic has tipped it into a recession and plunged Prime Minister Shinzo Abe’s popularity to multi-year lows.
Japan ends state of emergency, eyes fresh $1.5trn stimulus
Japan's economy minister said the government had received approval from key advisers to remove the state of emergency for Tokyo and all remaining regions.
Japan lifts national state of emergency
Japan has lifted its nationwide state of emergency over the coronavirus, after new cases slowed to a crawl in the country with the world's third-biggest economy.
Lockdown Level 3: What’s in store
South Africa’s response to Covid-19 will significantly change under Alert Level 3 as all but high-risk sectors of the economy will be allowed to resume operating. The National Coronavirus Command Council is due to unpack its plans on Tuesday but here’s what we know so far.
In pics: Domestic flights resume after two months of coronavirus lockdown
Domestic flights resume: Passengers would also need to declare that they are medically fit to travel. They can do so by downloading the Aarogya Setu app or filling a self-declaration form
Military continues to boost Hawaii economy during virus
U.S. military spending continues to be a pillar of Hawaii's economy as the Department of Defense has so far proved resistant to the financial impact of the coronavirus.
Avoid low-interest COVID-19 personal loans, unless strapped for cash
This is the time to utilize your emergency fund. If you don’t have one, partially use investments meant for your long-term goals
No bad bank yet: Govt plans reforms in asset recast space
The government first wants to ensure that structural reforms are initiated in the asset reconstruction space to boost the performance of existing companies.
The Signal That Preceded Bitcoin’s Drop to $3k in 2018 Is About to Flash Again
Just a week ago, Bitcoin was trading just dollars shy from $10,000. But after rumors (since disproven) spread about Satoshi Nakamoto selling his stash of BTC, t
Greyscale is Buying Bitcoin At Record Rates: $29.9M Per Week, & Growing
Greyscale is thought to have purchased "2/3rd of all supply of newly minted Bitcoin" in the 100 days before May 17th.
Adriaan Basson: Ramaphosa wins the day but it's up to us to keep the economy open
On Sunday night, Ramaphosa took charge of the crisis and showed the authoritarians in Cabinet that he is still the boss, writes Adriaan Basson.
'Could have planned better': Ex-RBI Governor C Rangarajan rues migrant crisis due to lockdown
He feels provision for some kind of cash dispensation is necessary, saying the government could cut some other expenditures, perhaps towards administration or travel
Unexpected policy timing, expected outcome: These measures could help RBI disinfect the economy
RBI’s relief measures round-three restates the intention to ease the functioning of the financial markets and easing the market risks brewing in the economy amidst the deteriorating economic outlook.
Hertz car rental company has filed for bankruptcy
As a result of the COVID-19 pandemic, the Hertz car rental company files for bankruptcy protection
Business gives Ramaphosa’s plan to reopen economy the thumbs up
South African business leaders lauded the government’s plan to substantially ease a nationwide lockdown that’s crippled the economy, even as the number of the coronavirus cases grows exponentially.
China’s Civil Law Could Enable Citizens to Inherit Bitcoin
China’s Inheritance Law from 1985 might soon be updated to include internet property and cryptocurrencies, including Bitcoin.
View: With the global supply chain being reconfigured, India must intelligently restructure its economy
Indias aspirations have been whetted by its improving ease of doing business, though more needs to be done.
Cycling Ireland finances feeling the burn
Irish sport has never been awash with cash so it says everything about the current crisis and the impact it has had that the CEO of a leading governing body can describe a half a million euro loss in income as the tip of an iceberg.
IDFC First Bank seniors to forgo 65% of bonus amid Covid-19 crisis
V Vaidyanathan, managing director and chief executive, will take 30 per cent cut in his compensation, including fixed compensation as well as all allowances.
Canadian economy entering ‘unknowable times’ because of downturn from pandemic, Poloz says
Bank of Canada Governor says said the most pressing danger stemming from this uncertainty is that it could fuel serious deflationary pressures
Fed Chiefs Speak: Reading Between The Lines
On May 20, 2020, three state Fed chiefs spoke independently on what they expect the economy to do in the near future. I thought it'd be a great idea to reconcil
Europeans Save Less, Spend More As Economy Lags
European consumers are saving more to safeguard against the pandemic economy, which analysts say will hinder economic recovery.
Flight resumption paves way for Parliamentary committee meetings in June
Monsoon session of Parliament likely to be on schedule, though social distancing challenges remain
Merkel's conservatives want stimulus package to include tax relief: document
Merkel's conservatives want stimulus package to include tax relief: document
There were fears packed Tokyo could become a hotbed for the virus
Japan was poised to lift its nationwide state of emergency over the coronavirus on Monday, gradually reopening the world's third-biggest economy after new cases slowed to a crawl. Compared with hard-hit areas in Europe, the United States, Russia and Brazil, Japan has been spared the worst of the
Macron Set to Unveil Aid for Embattled French Auto Industry
French President Emmanuel Macron is set to announce measures to support the auto industry before other European governments, highlighting the crucial role the sector plays in the economy and how hard it has been hit by the coronavirus pandemic.
China warns US of countermeasures over Hong Kong trading threats
US national security advisor Robert O'Brien warned Sunday that the new law could cost the city the preferential trading status it enjoys with the United States, the world's largest economy.
Call for financial safety net for vulnerable workers
WITH thousands left reeling from sudden layoffs and redundancies in Jamaica and across th...
South African president says lockdown to ease from June 1
JOHANNESBURG, May 25 — President Cyril Ramaphosa announced yesterday a further easing of South Africa's coronavirus lockdown from June 1, allowing the vast majority of the economy to return to full capacity. Africa's most industrialised economy has been largely shut down since late March, when...
Spend the $60b windfall on bigger stimulus
If the Treasury still thinks we are headed for a recession, the JobKeeper underspend should be used to pump-prime the economy.
Small-Cap Crypto Assets Are Outperforming Bitcoin: Here’s Why This Will End Soon
Over the past few weeks, small-cap crypto assets — altcoins — have been outperforming the market leader in Bitcoin. But there are clear technical and
Coronavirus impact: Exporters face cash crunch as buyers demand double the credit to 120 days
Trade body advises members to only export to countries which have announced stimulus
Coronavirus impact: Time for employers to up skill employees
For the quantum growth of the economy, investments in education and skilling of informal workers are key, especially because a huge share of population has very little skills
Coronavirus lockdown: India Post to home-deliver fruits in some Bihar cities
The partnership has been forged to address the woes of litchi and mango cultivators in the state due to the lockdown to contain the spread of coronavirus.
Business Cheers Plans to Reopen South Africa’s Economy
South African business leaders lauded the government’s plan to substantially ease a nationwide lockdown that’s crippled the economy, even as the number of the coronavirus cases grows exponentially.
Canadian PM Justin Trudeau asks bank CEOs for views on economy, COVID-19 relief: Report
Canadian Prime Minister Justin Trudeau has spoken to the heads of the country's six big banks to get their views on the state of the economy and the COVID-19 relief efforts, the Globe and Mail
China tests global diplomacy and economy
The country risks nations’ pushback as it moves ahead with its ambitions under the cover of COVID-19.
Australian economy must come off Covid-19 ‘life support’, PM to say
SYDNEY, May 25 — Australia’s economy must not become reliant on government stimulus, Prime Minister Scott Morrison will say tomorrow, as Canberra unwinds state support and accelerates plans to spur growth. Australia has reported just over 7,100 Covid-19 infections, including 102 deaths. That is...
Time to take economy out of intensive care: PM
Scott Morrison will appeal to a "new sense of common purpose", with $1.5 billion in federal funding to the states as leverage, to deliver an economic recovery he envisages will take between three and five years.
‘Project Birch’: Treasury draws up last resort bailout plan to rescue Britain’s largest companies
‘Project Birch’ could see Britain’s Treasury step in to support key British companies whose failure will “disproportionately harm the economy
New Bank of Canada Governor Faces Stagflation, Rosenberg Says
Incoming Bank of Canada Governor Tiff Macklem will face a combination of rising prices and stagnant growth as the economy struggles to recover from the coronavirus pandemic.
Bitcoin Could Confirm Recent Decline as a “Huge Bear Trap” if It Reclaims $9,200
Analysts are now noting that there is a chance this recent Bitcoin decline marks a “huge bear trap” that could be followed by further upside.
Here’s the key to constructing a portfolio for what comes next
Nobody has a clue about what lies ahead, and that won’t change until we get a better sense of how the novel coronavirus will proceed from here, but a few assumptions will put things into perspective
Globe and Mail: Canadian PM Trudeau asks bank CEOs for views on economy, coronavirus relief – Reuters
Early Monday morning, Reuters came out with the news, relying on the Globe and Mail, to convey that Canadian PM Just Trudeau seeks guidance to determi
Japan to end Tokyo’s state of emergency, eyes massive new stimulus
World’s third-largest economy has escaped an explosive coronavirus outbreak
Coronavirus crisis: Uddhav Thackeray snubs BJP, says no need for state economic package
Meanwhile, the CM said the "Mahatma Jyotirao Phule Jan Aarogya Scheme" of the state government will now cover all the people, provided they seek treatment in the registered hospitals
Andrew Cuomo managed to kill Grandma — and New York’s economy too
So Gov. Andrew Cuomo killed Grandma and cratered New York’s economy. But he looked good doing it. Too harsh? Well, report cards are snapshots, and the pandemic is an evolving event. Numbers are
Japan lifts state of emergency for Tokyo, 4 other prefectures
Japan lifted a nationwide state of emergency over the coronavirus on Monday, gradually reopening the world's third-largest economy as government officials warned caution was still necessary to prevent another wave. "We had very stringent criteria for lifting the state of emergency. We have judged that we have met this," Prime…
Thai central bank governor Veerathai will not seek 2nd term
Thai central bank governor Veerathai will not seek 2nd term
Deep Dive: Preventing Financial Crime Amid The COVID-19 Pandemic
This Deep Dive explores the methods bad actors are leveraging to scam bank customers and the methods FIs are using to stem the tide of fraud.
Govt is exploring new financial institutions to support MSMEs: Nitin Gadkari
The government is exploring new financial lending institutions to support small-scale units in terms of financial support, said Union Minister for MSME.
China's trillions towards tech won't buy dominance
China wants to bring technology into its mainstream infrastructure build-out and, in the process, heave the economy out of a gloom due only partly to the coronavirus.
Responding to the Covid economy Part 1: Understanding supply and demand shocks — Ong Kian Ming
MAY 25 — It has been more than 2 months since the 18th of March 2020, which was the start of the movement control order (MCO) in Malaysia. The full extent of the negative economic impact domestically will not be known for a few months. But as we approach the 9th of June, 2020, and hopefully, the...
All About The Bitcoin Halving
Bitcoin just underwent a halving, the third in the cryptocurrency's history, on March 11. Every transaction in the entire history of Bitcoin is recorded on ever
Zimbabwe fuel crisis set to worsen
DESPERATE motorists are set to endure more anguish at fuel pumps, after authorities admitted at the weekend that they were struggling to get foreign currency to import petrol and diesel.
Tax opportunities and tax risk management strategies during a crisis
QUESTION: I have had to furlough most of my staff as my business has had very little turnover over the last two months.
Available data proves NDC manages economy better than NPP – ASEPA
The Alliance for Social Equity and Public Accountability (ASEPA) says claims that the ruling New Patriotic Party (NPP) are better managers of the Ghanaian economy are inaccurate.
‘Never waste a crisis’: inside Saudi Arabia’s shopping spree
The $325bn Public Investment Fund has spent billions on overseas deals this year even as the kingdom’s economy struggles
Never let a good crisis go to waste: How our food sector can save NZ's economy
The world will always need food, and New Zealand is enviably positioned to capitalise on this, writes future foods expert Rosie Bosworth – but we need to take a few big steps first. It’s a bittersweet moment for New Zealand. As a nation we’ve collectively worked hard to successfully flatten the
Apollo's Ventia asks for $1.6b, five banks on board
Apollo Global Management and CIMIC Group's services contractor Ventia has lobbed a $1.6 billion litmus test into Australia's leveraged loans market.
Hacker Selling 80,000 Users’ Data Stolen From Cryptocurrency Wallets
Details such as user names, emails, phone numbers, residential addresses were stolen from leading cryptocurrency wallets, and are now being … Hacker Selling 80,000 Users’ Data Stolen From Cryptocurrency Wallets Read More »
Protect bankers’ interest for free flow of credit to small firms: Seshagiri Rao
Banks and their employees are reluctant to extend loans to India Inc unless and until they are given adequate protection from penal action if the loan turns bad at a later stage.Most of the sections o
Govt Should Delay Road Tax Increase Due To Economic Crisis
“The Government should delay an increase in road user charges scheduled for 1 July this year,” according to ACT Leader David Seymour.
Bitcoin Risks Falling to $8K Ahead of June Due to These Technical Factors
Bitcoin was trading in positive territory this Monday after closing its last week in severe losses.
Synchrony Financial (NYSE:SYF) Shares Sold by ETRADE Capital Management LLC
ETRADE Capital Management LLC reduced its stake in shares of Synchrony Financial (NYSE:SYF) by 20.4% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 33,834 shares of the financial services provider’s stock after selling 8,693 shares during the quarter. ETRADE Capital Management LLC’s holdings […]
Neobank N26 Executive Predicts there will be As Many Digital Bank Accounts as Traditional Ones, but Global Fintech Reports Suggest Otherwise
Digital banks are on track to serve as many clients in Ireland as traditional banking service providers, according to N26, an all-digital challenger t
Centre’s Covid response ticks all boxes
The stimulus package addresses demand and supply issues, while boosting production to help India be part of global supply chains
MTN and Airtel Uganda re-introduce 50% discount on Person to Person and Mobile Wallet to bank transactions – Techjaja
MTN and Airtel Uganda will effective from 26th May 2020, re-introduce a 50% discount to standard tariffs for 30 days on all Mobile Money an
Nearly 10% of Bitcoin’s Current Supply is Dormant; Why This Matters
Data shows that Bitcoin may also be scarcer than previously thought, as 7.78% of the current BTC supply hasn’t been moved in over 10 years.
The Fed's Corporate Lending Facilities: A Case Of Pseudo Markets
Although the Fed's intent is to provide temporary liquidity to large U.S. firms, the promise of supporting corporate bond prices and making loans to highly leve
L3Harris Technologies: Steady Growth Yet Insulated From COVID-19 And The Economy
The recent merger of L3 Technologies and Harris Corporation created synergies that are driving cost savings and increasing margins. As a defense contractor, the
Government warned economy could fall off a cliff in September without more stimulus
Consumers are spending more money, but economists warn Australia could fall off a financial cliff in September without more stimulus measures.
Bitcoin’s Break Below a Key Level has Opened the Gates for a Move to $5,900
Bitcoin has seen much of its recently incurred technical strength degrade over the past 48 hours, and one analyst is now targeting $5,900
Slate Asset Management launches $500-million fund to finance COVID-hit companies
Toronto-based Slate plans to offer bridge financing, loan restructuring, as well as preferred equity purchases as the industry deals with a massive drop in rent payments
Stock Market Boost: Unemployment Outlook Shifts To Positive
The unemployment trend, no longer rising, now looks ready to decline
New face of banking: Millennials prefer robot bankers to humans
Nordea's robot adviser, Nora, played a crucial role in helping the bank through COVID-19
Short-term rates fall by 30 bps, ease working cap stress
Corporate bond yields dipped 10-25 bps while CP rates plunged up to 20-30 bps lower than levels seen earlier before the impromptu central bank policy announcement last week, dealers said.
How the Sunrise Foods buy spices up business for ITC
The move strengthens the tobacco major’s push towards non-cigarette FMCG business
Hard times for Boeing, long a symbol of American might
Boeing, a longtime symbol of American industrial power, was unable to raise the funds to finance its business.
Swiss National Bank Boosts Stake in Teladoc Health Inc (NYSE:TDOC)
Swiss National Bank lifted its stake in shares of Teladoc Health Inc (NYSE:TDOC) by 1.8% in the first quarter, HoldingsChannel.com reports. The fund owned 133,400 shares of the health services provider’s stock after acquiring an additional 2,400 shares during the quarter. Swiss National Bank’s holdings in Teladoc Health were worth $20,678,000 at the end of […]
Swiss National Bank Purchases 138,500 Shares of Lincoln National Co. (NYSE:LNC)
Swiss National Bank grew its position in Lincoln National Co. (NYSE:LNC) by 21.9% during the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 769,805 shares of the financial services provider’s stock after purchasing an additional 138,500 shares during the quarter. Swiss National Bank owned approximately […]
Is the stock market closed today? Here’s everything investors need to know about Memorial Day trading hours and closures
Memorial Day will take on an even more somber tone this year.
Arista Networks: Free Cash Flow To Drive The Stock Back To $300
Arista Networks displays a stellar balance sheet and juicy net profit margins. Discounted cash flow model points towards a return to $300/share, with prudent gr
Shaktikanta Das differs with govt over IMF's $500 billion rights plan
RBI governor backed IMF’s plan to issue fresh SDRs for helping crisis-hit members.Fresh SDR issue would have helped least developed and developing nations facing a forex crisis
Microfinance lenders aim at repayment collection, restoring credit cycle amid rising stress
Microfinance leaders fear extended moratorium may increase stress and derail their robust credit discipline.
Sberbank Buys 5,000 Blockchain ATMs as Russia Ponders Criminalizing Crypto Use
Sberbank is buying contactless blockchain-powered ATMs. This comes after a bill was proposed to penalize companies that use crypto.
Why choose a business course? Creativity, teamwork alongside enterprise
Consider average class size, work experience, project work when choosing your course
CEO buys struggling New Zealand media company for $1
WELLINGTON, New Zealand — One of New Zealand’s largest media organizations will be sold for a single dollar to its chief executive, the owners announced Monday.
CEO buys struggling New Zealand media company for $1
The organization Stuff prints many of the nation’s daily newspapers and runs a popular news website of the same name. It employs about 900 staff, including 400 journalists.
Some business risks can be prepared for in advance
Corporates will now need to fast track learning from pandemic-enforced disruptions too
Another Digital Bank to Launch in the Philippines, as Government Aims to Offer Virtual Banking Services to Filipinos Working Abroad
An increasing number of transactions are being conducted online by the residents of the Philippines due to COVID-19. The nation’s government has confirmed
Retail investors throng capital markets during lockdown period, says Reliance Securities CEO
While Covid-19 has been a painful period for all and the lockdown a pressure for most who have been busy and active, it seems to have drawn people to the capital market.Lav Chaturvedi, Executive Direc
As corona crisis eases, Israel opens for business again
Beaches, synagogues and shopping malls are now open, soon to be followed by restaurants, bars and hotels.
Gary Neville makes bleak financial prediction for EFL clubs after Huddersfield Town chairman claims
League Two have already voted to curtail their season due to economical pressure
AP govt to disburse financial aid of Rs. 5000 to Priests, Pastors and Imams tomorrow
Andhra Pradesh: With the coronavirus taking the toll of mankind throughout the world, people are confined to homes amid lockdown without income.
Need to know: Monday
The coronavirus pandemic is dominating global markets, business and politics. Here's our daily take on the most important stories, and some things to watch out for.
AusPost temporarily digitises mailrooms of 40 govt, finance firms
Creates 'basic' service for customers that couldn’t operate internal mailrooms.
Jeffrey Epstein: Up to 130 people claim they could be child of dead financier with £470m fortune
More than 100 people claim they could be the offspring of the deceased financier Jeffrey Epstein, who is thought to have had a personal fortune of around £470 million.A DNA company, which set up a website called epsteinheirs.com, said as many as 130 people had come forward – including a number of Britons
Banks continue to lend less even as deposit growth improves, credit growth now at mere 6.5%
Risk-averse banks have continued to lend less and less to customers despite the double-digit growth seen by bank deposits.
Flash Australia PMI Signals A Further Slump In Business Activity During May
Flash Australia PMI at 26.4, signalling another steep decline in business activity. Slumping demand accompanies the fall in output. Job losses continue at marke
PRESENTING: 38 power players disrupting the $130 billion consulting industry and solving problems for clients in crisis, Business Insider - Business Insider Singapore
Business Insider - These leaders are strategizing for clients, rethinking recruitment, and leading D&I efforts at global firms.. Read more at businessinsider.sg
Bitcoin Hash Ribbons Indicate Post-Halving Miner Capitulation Has Begun
Hash ribbons, an indicator used to depict the health of Bitcoin miners powering the network, has just signaled capitulation for an unprecedented 4th time in thi
Digital Banking: Monzo, Starling, and Revolut Make it Much Easier to Open Accounts, According to a Recent Review
Many large banks in the United Kingdom appear to be falling behind their all-digital competitors when it comes to providing better overall customer service, whi
Our national airline says there's still too much uncertainty to forecast earnings for the financial year that ends in a month, but says it hasn't needed to draw on the $900m loan facility offered by the taxpayer yet
Our national airline says there's still too much uncertainty to forecast earnings for the financial year that ends in a month, but says it hasn't needed to draw on the $900m loan facility offered by the taxpayer yet
Hard times for Boeing, long a symbol of American might
Hard times for Boeing, long a symbol of American might
Germany stamps authority on Lufthansa with $9.8 bln lifeline
FRANKFURT/BERLIN — Germany threw Lufthansa a 9 billion euro ($9.8 billion) lifeline on Monday, agreeing a bailout which gives Berlin a veto in the event of a hostile bid for the airline.
'Banking stocks to remain under pressure; ICICI, HDFC Bank & Axis top buys'
Going ahead investors are likely to remain watchful COVID-19 situation in the country, vaccines development, lockdown restrictions with changing economic policies, and crude oil prices movements.
How to build an emergency fund
The financial problems caused by the pandemic has made everyone realise the importance of maintaining an emergency fund
Zimnat launches novel inflation linked funeral cover
HARARE-One of the oldest financial institutions in the country, Zimnat Life Assurance has launched an inflation linked funeral policy, Gadziriro/Lungiselelo ZWL$ Funeral Plan the first of its kind in Zimbabwe, which provides for regular review of covers and premiums on a regular basis.
‘Hard to See’ Hong Kong Remaining the Asian Financial Center if China Takes Over
Sunday on NBC’s “Meet the Press,” White House National Security Adviser Robert […] More
Zoo could put down 300 animals as it only has enough cash to feed them for a week
Borth Wild Animal Kingdom owners Tracy and Dean Tweedy are facing the "last resort" - though council chiefs have already "lost confidence" following the deaths of numerous animals
With 22% returns so far in 2020, Gold ETFs could help you polish your portfolio even in trying times
Gold has no doubt been the uncontested Student of the year in 2019 with a shining return of 24% annualised which renders financial assets pale in comparison.
Compression
Risk assets are compressing to Treasuries. Part of this has been the Fear Factor as coronavirus pushed Treasury prices higher as a run towards the safest of hav
EUR/GBP alternates gains with losses near 0.8950
The now better mood in the British pound is forcing EUR/GBP to ease some ground following last week’s peaks in the 0.9000 neighbourhood. EUR/GBP faile
Albemarle Co. (NYSE:ALB) Shares Acquired by Swiss National Bank
Swiss National Bank grew its holdings in Albemarle Co. (NYSE:ALB) by 23.2% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 411,607 shares of the specialty chemicals company’s stock after acquiring an additional 77,400 shares during the period. Swiss National Bank owned about 0.39% […]
Kevin Roberts' cricket crisis evaporates
In his striking alienation from clarity, Cricket Australia chief executive Kevin Roberts remains an astonishing figure.
The Arrival Of The 'Unavoidable Pension Crisis'
I wrote an article in 2017 discussing the “Unavoidable Pension Crisis.” At that time, most did not understand the risk. Since then, the situation has continued
US tech execs have dumped $3.6 billion in company stock this month
Top execs from Facebook, General Electric, Cloudflare, and Activision all have sold small fortunes worth of stock this month.
Can You Catch the Coronavirus From Handling Cash? Here's What Experts Say
Several experts refute arguments that physical banknotes may be more dangerous than we think, as the risk of the coronavirus is increasing.
NCLAT's resolution professional ruling: Several bankruptcy cases face delay
National Company Law Appellate Tribunal (NCLAT) had ordered that a former bank official cannot be appointed as a resolution professional (RP) in a company facing bankruptcy
Bank of America Boosts Splunk (NASDAQ:SPLK) Price Target to $208.00
Splunk (NASDAQ:SPLK) had its price objective lifted by Bank of America from $175.00 to $208.00 in a report published on Friday, BenzingaRatingsTable reports. The brokerage currently has a buy rating on the software company’s stock. A number of other research analysts have also recently commented on the company. SunTrust Banks dropped their price target on […]
The problem with the liquidity push
Even if partially successful, it will culminate in eventual default; the crisis is only likely to intensify
Square: Soon To $100/Share And Beyond
Square's Cash App has seen explosive growth, expanding its ecosystem of services. My discounted cash flow valuation model suggests that shares have further upsi
Angel investors examine exit options in Egypt after end of holding period
While the majority of start-ups need angel investments to grow, such investors have to be acquainted with exit options.
How teenage girl faked own death to avoid financial pressure from mother
A teenage girl, Margaret Ikumu, 19, of Oni community in Oju Local Government Area of Benue, has faked her own death on social media
CEO buying struggling New Zealand media company for NZ$1
One of New Zealand's largest media organizations is being sold for a single dollar to its chief executive, the owners announced Monday.
Teenager fakes own death on social media to avoid financial pressure from mother
A teenager who faked her own death in order to avoid financial pressure from family members has been found and arrested by police operatives in Lagos State. On May 15, the Lagos police command received a petition by one Tony Iji on behalf of the family of one Margaret Adiya Ikumu...
UK's Sunak authorises bailout to rescue strategically important companies
Under the plan, which is named "Project Birch", the finance minister has raised the UK Treasury's capacity to handle bespoke bailouts of "viable" companies which have exhausted all options
Eid al-Fitr: Singaporean businessman cooks biryani for migrants amid Covid crisis
There are about 300,000 foreign labourers in Singapore, most of them from Bangladesh, China and India, and most staying in purpose-built dormitories, in rooms with bunks for 12 to 20 men.
UK's Sunak authorises bailout plan to rescue strategically important companies
LONDON: British Finance Minister Rishi Sunak has authorised a bailout plan to rescue companies that are seen as strategically important, with the ...
Bitcoin is on an Exponential Growth Trajectory, and the Pizza Day Proves It
The story of Laszlo Hanyecz, the programmer who bought two pizzas using 10,000 Bitcoin, will be forever talked about. Not least because at $9k per BTC that equa
Manchester United should resist FC Barcelona transfer temptation
Man Utd have been increasingly linked with a move to sign Ousmane Dembele from FC Barcelona in the summer transfer window.
Supply disruption in China a great opportunity for India: USIBC’s Nisha Biswal
While a single national market for agriculture and steps to create an efficient energy space are welcome, the prohibition on … Supply disruption in China a great opportunity for India: USIBC’s Nisha Biswal Read More »
Frydenberg moves to shield boards from class action lawsuits
Directors will be relieved from strict obligations to keep investors updated after the Morrison government eased disclosure rules to shield boards from lawsuits.
Frydenberg moves to shield boards from class action lawsuits
Directors will be relieved from strict obligations to keep investors updated after the Morrison government eased disclosure rules to shield boards from lawsuits.
Frydenberg moves to shield boards from class action lawsuits
Directors will be relieved from strict obligations to keep investors updated after the Morrison government eased disclosure rules to shield boards from lawsuits.
New Zealand's largest media company being sold for just $1 to its CEO
Stuff faced financial challenges before the coronavirus pandemic struck and has since seen advertising revenues plunge
Vermilion Energy president and CEO Anthony Marino steps down from company
CALGARY — Vermilion Energy Inc. says Anthony Marino has stepped down as president and chief executive and as a director of the company, effective immediately.
COVID-19 Crisis Impact on Youth - Depressed, Lonely and Anxious
People in the EU aged 18-34 report being more likely to feel depressed, lonely, and anxious than those aged 35 and over. They also indicate lower levels of resilience in dealing with problems in life, and a significant decrease in life satisfaction compared to before the Coronavirus (COVID-19) pandemic.
Interpublic Group of Companies Inc (NYSE:IPG) Shares Purchased by Swiss National Bank
Swiss National Bank raised its holdings in Interpublic Group of Companies Inc (NYSE:IPG) by 23.2% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,504,918 shares of the business services provider’s stock after buying an additional 283,800 shares during the quarter. Swiss National […]
Rural job crisis ‘deepens’
Unemployment rate increases to 25 per cent from 22 per cent
Southern Company: Still A Stock To Own?
In March 2008, Southern Company announced construction of new nuclear reactors. A dozen years later, Southern’s pair of 1.1 gigawatt capacity reactors are still under construction. And the company’s projected startup date has slid from 2016 to 2022.
Gold – the solution to a $5,300,000,000,000 money printing problem
Defend your portfolio against inflation with gold.
Tiger Brands faces R500 million-plus hit to profit because of lockdown
South African packaged goods group Tiger Brands says that the nine-week high level lockdown has cost it half a billion in profits, as the group faces procurement pressure, global supply chain issues and pricing regulation.
CREDAI writes to PM Modi, seeks immediate relief for sector
Realtors' apex body CREDAI has written a letter to Prime Minister Narendra Modi, seeking immediate relief measures to tide over the crisis
Insider Trading? OmiseGo (OMG) Surges 200% Just 15 Minutes after Coinbase Listing, but then Crashes Immediately
San Francisco-based cryptocurrency exchange Coinbase began supporting trading with OmiseGo (OMG) on May 21, 2020. The OMG token price surged 200% in only 15
New rules of personal finance: How COVID has changed income, spending, saving, investing
In the new world, across segments, income has vanished, reduced or has settled at a new low. The risk to income means families have learned to cut back on spending. Saving and investing are in the background as activities that represent a forgotten luxury.
Makinde, others laud facility managers’ role in COVID-19 crisis
The Oyo State Governor Seyi Makinde has lauded facility managers for their contributions to health, safety and productivity of people during ongoing CoVID-19 crisis. Makinde noted that as with governance, people hardly commend facilities managers when things are going right, but immediately the ‘ball drops’, everyone remembers their roles. The Governor stated this during the […]
Everton must focus on two positions if transfer plans are slimmed
Everton have been forced into a rethink of their transfer plans because of the crisis
GBP/USD: Bad news on all fronts – Rabobank
Sterling is facing pressure on a variety of fronts. The prospect of more monetary policy stimulus, a deep recession and political uncertainty is set t
Sungura Musician Turns To Selling Airtime As Lockdown Financial Constraints Mount
Sungura Musician Turns To Vending Airtime As Lockdown Woes Mount. A Sungura band which hails from Redcliff, in the Midlands province has bore the brunt
‘Cognizant determined to emerge stronger from Covid crisis’
Thanks to a strong balance sheet, close partnerships with associates/clients, and digital imperatives, says Brian Humphries
COVID-19 Delivers Unprecedented Hit To Kiwis’ Financial Resilience
The first survey in a major new series commissioned by the Financial Services Council has revealed that COVID-19 has delivered an unprecedented hit to New Zealanders’ financial resilience and wellbeing.
Nissan Considering 20,000 Job Cuts, Mainly In Europe And Developing Nations: Report
The possible job cuts come as Nissan prepares to announce its updated mid-term strategy this week. Profits at the automaker … Nissan Considering 20,000 Job Cuts, Mainly In Europe And Developing Nations: Report Read More »
In China's auto market, worries grow that cashback deals and gifts presage damaging price war
Cashback offers, up to 10 free oil changes, generous prepaid gasoline cards - these are just some of the giveaways China's auto dealerships are ...
'50 or 60 clubs' - Derby County's Championship rivals warn of dire financial impact
Huddersfield Town owner Phil Hodgkinson has warned the game will be destroyed unless it starts to plan for the financial impact of Covid-19
'50 or 60 clubs' - Birmingham City's Championship rivals warn of financial disaster
Birmingham City news | Phil Hodgkinson has warned the game will be destroyed unless it starts to plan for the financial impact of Covid-19
Looming financial 'nightmare' threatens future of English football clubs - Neville
The Manchester United legend believes the EFL will need investment down the line to keep clubs solvent.
Gary Neville fears looming financial ‘nightmare’ threatens future of EFL clubs
Stevenage chairman Phil Wallace says relegation from League Two on a points-per-game system would be unjust.
Kotak Mahindra Bank slashes interest 0.50% rate on savings deposits
Private sector lender Kotak Mahindra Bank (KMB) on Monday slashed the interest rate on savings deposits by a further 0.50 percent. The bank has cut rates twice last month on its deposit rate offering on the savings accounts.
Kotak Mahindra Bank cuts interest rate by 0.50% on savings deposits
Private sector lender Kotak Mahindra Bank (KMB) on Monday slashed the interest rate on savings deposits by a further 0.50 per cent. The bank has cut rates twice last month on its deposit rate offering
Bank of Baroda to move Karnataka high court to restrict NMC founder BR Shetty from selling assets
Earlier this month, a session court in Bengaluru had frozen the asset of the founder of the NMC Health group, restricting BR Shetty and his wife from selling or transferring properties
COVID-19: CREDAI writes to PM, seeks immediate relief for sector
Realtors' apex body CREDAI has written a letter to Prime Minister Narendra Modi, seeking immediate relief measures to tide over the crisis caused by the COVID-19 pandemic. The association, which has
Old Bitcoin Miner Proves Craig Wright has No Access to 145 Tulip Trust Addresses
Signed messages claiming Craig Wright is a fraud were sent from 145 Bitcoin addresses Wright listed were his in the Tulip Trust. The addresses seemed to have be
FM’s package of no use to micro enterprises: ex-CM
‘A fresh Budget must be presented in Parliament's next session’
Economic shock from COVID-19 to lead to higher indebtedness, Poloz says
Canada's response to the COVID-19 pandemic will 'clearly lead to higher indebtedness' once the economic shock has passed, Bank of Canada governor Stephen Poloz warned Monday.
Imo: PDP assistance financial secretary resigns - The Nation Nigeria
The state Assistant Financial Secretary, of the Imo State Peoples Democratic Party, PDP, Maximian Okedu, on Monday resigned his position...
Welfare recipients facing five-month delays to exit cashless debit card scheme
Data shows that of the 859 application lodged since September, only 30 have been accepted
Covid-19 unemployment payment could result in tax bill for recipients
The Government is reminding anyone receiving the Pandemic Unemployment Payment, instituted as an emergency response to layoffs made in the wake of the Covid-19 crisis, that they could face a tax bill at the end of the year.
ASX to open higher, $A steady
Australian shares are poised to advance, extending Monday's surge. German shares lift on Lufthansa rescue.
Berlin to take 20% stake in €9bn bailout of Lufthansa as airline struggles amid Covid-19 travel fallout
Germany will offer Lufthansa a €9bn bailout in return for a 20% stake two decades after the airline was privatised with much fanfare.
Kotak Bank cuts savings rate to 3.5% for up to Rs 1 lakh balance
This is the lender’s second cut to the savings rate in as many months and brings its interest rate on savings accounts at par with that of the much larger Punjab National Bank (PNB).
Day-to-day banking proving to be a struggle for some isolating seniors
When banks temporarily closed hundreds of branches in response to COVID-19, many seniors found themselves unable to pay bills, withdraw cash for groceries and manage their account balances
Euro giants prepared to axe €25m+ ace to finance permanent deal for Arsenal loanee
Strategy outlined, Gunners could have decision to make...
Would Modi government move towards direct cash transfers?
Merging state and central income support schemes will make Rs 5 lakh crore available to extend basic income to poor households; this will also stop leakages.
More people seeking help at Nth Canterbury food banks
Food banks are helping a part of the North Canterbury community they don’t normally have to support as the Covid-19 crisis continues to bite....
South African bankers work from home
“We have established that we can work very effectively from outside of the building.”
Newmont Stock Has Doubled. Is It Still A Buy?
Despite the bear market brought on by the coronavirus, close to 4% of all U. S. stocks with a current market value of $500 million or more have doubled in the past year, including the largest U.S.-based gold mining stock. Too late to buy?
UAE Exchange Centre starts refunding customers - but many still wait for their money
Many transactions had been delayed for two months as company seeks a way out
Crowdfunding projects help virus-hit businesses in Japan
Fundraisers in crowdfunding plans often provide donors with meal discount tickets and premium accommodation vouchers.
EUR/USD: The global outlook points to be positive for the euro – Danske Bank
While EUR/USD briefly went above 1.10 last week, the cross ended lower on the potential for a renewed US-China skirmish and EU hashing out its interna
IOOF class action dropped but legal woes remain
IOOF has reached a settlement to end the Supreme Court case commenced by Quinn Emanuel on behalf of IOOF shareholders but separate proceedings initiated by Shine Lawyers are ramping up.
Rental market hit by student exodus: Gurner
Tim Gurner says the treatment of foreign students by state and federal governments 'was incredibly poor' and its impact on the rental market will be huge.
Flash PMI Shows Japan On Course For Record Downturn In Second Quarter
Flash Japan PMI remained well below 50 in May, indicating a further sharp drop in output. Job losses intensified as firms face steep falls in sales. Export orde
New payment to support Kiwis through COVID - Government
The COVID-19 crisis has had a significant impact on the jobs and livelihoods of New Zealanders.
Breaking: Africa Top Brands: MTN, Dangote emerges most admired African brands
MTN, Dangote has emerged the most admired African brands at the 10th Brand Africa 100, Africa's Top Brands anniversary.
KCCA should partner with Kiira Motors on city buses project
It is proposed that special lanes will be put in place for the Eco- (sic) electric and combustion fuel efficient buses starting at the City Square in a ring road...
Swiss National Bank Acquires 69,600 Shares of Wynn Resorts, Limited (NASDAQ:WYNN)
Swiss National Bank increased its holdings in shares of Wynn Resorts, Limited (NASDAQ:WYNN) by 22.8% during the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 374,875 shares of the casino operator’s stock after purchasing an additional 69,600 shares during the period. Swiss National Bank owned […]
What To Do When Your Employer Cuts Your 401k Matching
Even many Americans that still have jobs are seeing pay and benefit cuts. 401k matching is often one of the first things on the chopping block. If your employer
PRESENTING: 38 power players disrupting the $130 billion consulting industry and solving problems for clients in crisis
The coronavirus pandemic has disrupted the management-consulting industry.
PRESENTING: 38 power players disrupting the $130 billion consulting industry and solving problems for clients in crisis
These leaders are strategizing for clients, rethinking recruitment, and leading D&I efforts at global firms.
Vermilion Energy CEO Anthony Marino steps down, executive committee to take over role
Vermilion says it has created an executive committee to run the company instead of replacing Marino
A ‘jet skis’ methodology can reinvigorate your middle-aged company
Launching small, independent innovation teams that are free to fail can lead to fast development of disruptive products and keep your company competitive.
Sberbank: The Downside Is Limited
As Russia’s flagship bank, Sberbank already felt the pain of the virus, as its Q1 earnings results showed a staggering decline in its profits. Nevertheless, Sbe
Cash levels with fund managers globally highest since 9/11; most do not expect v-shaped recovery
In what can be interpreted as a sign of pessimism across global equity markets, a survey of fund managers across the globe, has shown that cash levels are at the highest level since the 9/11 terrorist attacks.
Why did a cloth brand once promoted by Bond and Bachchan shut shop in India?
Did miscalculated branding end the 180-year brand’s run in India?
SA's corruption fighters may be crippled as justice sector faces cash crunch over Covid-19
The fight against corruption may falter while the country deals with the Covid-19 pandemic, as a budget cut of R1.7 billion is being "bandied about" for the already perennially cash-strapped justice sector.
UBS to Create Fintech-Specific Venture Fund
UBS Group, a Swiss investment banking giant, is creating a venture capital fund with a corpus of hundreds of millions of dollars of its own fund.
A well-balanced stimulus package
It will minimise the human cost of the COVID-19 crisis and also pave the path for structural reforms
SA Express liquidators seek more powers for asset sales to free up cash
Liquidators might launch a court application for the extension of their powers so they can sell SA Express assets, cancel aircraft leases and solicit or assess bids for the airline by potential buyers. The powers would enable them to free up cash to pay the airline’s creditors, who are owed more than R2.5bn.
IPG Photonics: Buy On Weakness
IPG owns one of the safest and strongest balance sheets in corporate America. The long-term trend of rising demand for lasers of all types puts the wind at your
Bankers Stay Home as South Africa Inc. Prepares Return to Work
Investec Chief Executive Officer Fani Titi saw a sign of things to come when he dropped by the bank’s headquarters last week.
The new rugby deal that puts more pressure on Super Rugby's future
Rugby's move towards a private-equity driven future has gathered pace with reports that CVC Capital Partners' splurge into the Pro14 will bring the concept of a club world cup closer to reality.
Steelworkers Union Praises NDP Victory in Securing Paid Sick Leave Commitment
TORONTO — The United Steelworkers (USW) union is praising the New Democratic Party for securing a commitment from the federal government to ensure two weeks of paid sick leave for workers across Canada.
Forex Today: Dull start to the week
What you need to know on Tuesday, May 26th: It was a dull start to the week, with the US and the UK on holiday. Those equities markets that were opene
MULILI & SHAH: Need to lay out post-Covid-19 strategies for
Manufacturing has suffered due to mandated working in shifts and the impact of the lockdown.
Virgin Orbit rocket fails on first airborne test
Setback for venture led by Richard Branson at time of financial stress
UCD academics call for virus safety incentives for businesses
Study shows businesses that invest in workplace safety 20% more likely to ‘go under’
'Companies remain fundamentally bad at risk management'
The COVID-19 pandemic has highlighted gaps in the way many organisations deal with risks in their business, especially around cyber-security.
South African taxpayers to pay for ban on cigarettes and alcohol: expert
The South Africa Revenue Services (SARS) has predicted that it will lose around 15% to 20% of its tax revenue this year as a result of the nationwide Coivid-19 lockdown.
Alibaba Drops After Projecting Slowing Growth in Uncertain Times
Alibaba Group Holding Ltd. slid after projecting revenue growth will slow this year, reflecting post-Covid 19 economic uncertainty at home as well as the potential for U.S.-Chinese tensions to disrupt its business.
New 'ShopKiwi' website encourages shoppers to support local businesses
The website offers free sign-up for NZ owner-operator businesses.
For hard-pressed savers, it's like setting your banknotes alight . . .
Do you know the difference between saving and investing? One means you are probably losing money, the other means you could be gaining.
Reliance launches JioMart online grocery service, challenging Amazon and Flipkart
Reliance has launched an online grocery service, JioMart, in a move aimed at rivaling Amazon's local unit and Walmart's Flipkart in India.
GBP/USD: Falling this year before a very modest rebound in 2021 – HSBC
GBP is particularly vulnerable in a world driven by fiscal dynamics. The UK's status as a foreign debtor and the resurfacing of Brexit create further
Commentary: The biggest restructuring exercise facing Singapore businesses has just begun
From F&B to retail and fitness, winning Singapore businesses know they must shift gears and rethink their business models to thrive in a pandemic ...
Softer rate regime to impact guaranteed-return products
“Yields were in excess of 5% for guaranteed products with maturity of 10-15 years. These products will now have to be redrawn and repriced,” said Sandeep Ghosh, financial sector advisory leader, EY.
Suncor - Immediate Action Will Mean Stronger Returns
Suncor Energy is an incredibly well positioned Canadian oil major. The company's FFO / share is better than most oil majors. The company's financial health is q
Minted looks to cash in with return to form at Newcastle
The three-year-old resumed with a strong run under a big weight at Kembla and looks well placed to break back into the winner's stall in a class 2 handicap.
Minted looks to cash in with return to form at Newcastle
The three-year-old resumed with a strong run under a big weight at Kembla and looks well placed to break back into the winner's stall in a class 2 handicap.
Minted looks to cash in with return to form at Newcastle
The three-year-old resumed with a strong run under a big weight at Kembla and looks well placed to break back into the winner's stall in a class 2 handicap.
Aston Martin chief to leave, Mercedes-AMG CEO to replace him: source
(Reuters) - Aston Martin (AML.L) Chief Executive Andy Palmer is leaving the business as part of a management shake-up and will be replaced by Tobias Moers, CEO of Mercedes-AMG, a source familiar with the matter told Reuters on Sunday.
Aston Martin chief to leave, Mercedes-AMG CEO to replace him - source
Aston Martin Chief Executive Andy Palmer is leaving the business as part of a management shake-up and will be replaced by Tobias Moers, CEO of ...
The close: TSX gains as pot stocks soar; Canada’s 10-year bond yield at all-time low
Investors look to an eventual economic recovery, but credit markets may be seeing things differently
Realme launches its smart TV, smartwatch, Buds Air, and power bank in India
Realme launches four new products in India. This include Realme Smart TV, Smartwatch, Realme Buds Air and a 1000mAh Power bank 2
New payment to support Kiwis through COVID
Hon Grant RobertsonMinister of Finance Hon Carmel SepuloniMinister for Social Development
Money laundering in games
UPDATE 12:35 p.m. A public inquiry into money laundering in British Columbia has heard that cash is still king but cryptocurrencies and other virtual trade could rise as a trend.
S&P/TSX composite starts week higher, U.S. stock markets closed for holiday
TORONTO — Canada's main stock index started the trading week by moving higher, fuelled by gains in the financial and industrial sectors. The S&P/TSX composite index was up 94.85 points at 15,008.49. U.S.
High Yields From Tax-Advantaged Debt: America First Multifamily
COVID-19 has created a completely new environment. The market is still struggling with figuring out the new reality and balancing the opposing forces. Where the
New payment to support Kiwis through Covid-19
The Government today announced a new temporary payment to support New Zealanders who lose their jobs due to the global COVID-19 pandemic to adjust and find new employment or retrain.
Patriotic Poles led astray by mis-labelled Ukrainian cucumbers
WARSAW – Seeking to appeal to patriotic Poles, local supermarket Biedronka has been mis-labelling goods including Belgian carrots and Ukrainian cucumbers as homegrown, Poland’s anti-monopoly office said on Monday, as it launched an investigation.
Digitex Futures Integrates Chainlink’s On-chain Price Oracles for Added Transparency and Reliability
Digitex Futures, the DGTX token powered, zero-fee cryptocurrency futures trading platform has announced a partnership with Chainlink to integrate the latter’s d
Home, auto loan borrowers top beneficiaries of moratorium relief
SurabhiEven as the Reserve Bank of India announced extension of the moratorium on term loans by another three months till August 31, industry data reveal that auto and home loans are the major segment
‘Material disclosure’ is imperative at this time
Investors need to be frequently updated on Covid-19’s impact on companies
BTC Dominance Signals Abrupt End to Crypto Altcoin Season
Altcoins across the crypto market may be seeing a pullback according to a buy setup on BTC dominance charts signaled by the TD Sequential indicator.
NCLAT sets asides NCLT order to make MCA party in all insolvency, company matters
Allowing the plea filed by the Ministry of Corporate Affairs (MCA), a two-member bench of the appellate tribunal said the NCLT's direction was "beyond the power" and amounted to "imposition of a new rule in a compelling fashion".
Online games could be source of money laundering, B.C. public inquiry hears
A public inquiry into money laundering in British Columbia has heard that cash is still king but cryptocurrencies and other virtual trade could rise as a trend.
“City of darkness” no longer – AfDB supported electricity project lights up Juba
The $38 million Juba Power Distribution System Rehabilitation and Expansion Project is almost completed according to a release by the AfDB.
“Don’t sign a contract and later complain about being cheated” – ElDee reacts to Cynthia Morgan’s situation
Eldee has also reacted to the situation between Cynthia Morgan and her former record label boss, Jude Okoye, as he stated advised singers to not complain about contracts they signed willingly. Recall that over the
Wirecard postpones issuing annual results again
Fintech says not all audit procedures completed and puts AGM back until August
US unemployment rate could rise to above 25% - Goldman Sachs
Analysts at Goldman Sachs now estimate the US unemployment rate could rise to above 25%. The jobless rate was previously forecasted to peak at 25%. Th
HomeCapital gets fresh funding from Varanium NexGen, others
Startup helps homebuyers with a down payment assistance programme
Transfer Rs 1,000 to each Indian per month: Abhijit Banerjee and Esther Duflo suggest Centre
Esther Duflo said India was already in a position to start universal basic income quickly as it had the Jan Dhan accounts-Aadhaar-mobile system in place.
Is It The Right Time To Buy Raytheon Technologies After A 55% Fall In 2020?
Raytheon Technologies, best known for its missiles and other aerospace and defense products, has seen its stock fall more than 50% year-to-date, as the coronavirus pandemic is expected to have a significant impact on its aerospace business. Raytheon’s stock also remains down by about 45% from...
Breaking Through The Glass Ceiling - A Spring For Women In Artificial Intelligence
Many women have historically seen both AI and drug discovery as predominantly male professions.
Growth Of Million-Dollar, One-Person Businesses Accelerates
US Census statistics show that a growing number of solopreneurs and business partnerships broke seven figures in 2018.
SA wine industry still reeling from effects of exports ban
Wine exports were prohibited for five weeks during the strict national lockdown under level 5.
Acceptance of tech will lead Australia’s business transformation
To throw light onto the other side of the COVID-19 canyon, AFR Magazine seeks out those who have proven they can see beyond the horizon – and Rethink.
ITC Spice Business To Strengthen With Acquisition of Spice-Maker Sunrise Foods
ITC has entered into a share purchase agreement to acquire 100 per cent of the equity share capital of Kolkata based spice maker Sunrise Foods Pvt Ltd.
WSSCC Names New Executive Director
GENEVA, May 25, 2020 /PRNewswire/ -- The Water Supply and Sanitation Collaborative Council (WSSCC) and UNOPS announce the appointment of Mr Domini...
Singapore Airlines reinforces commitment to NZ during COVID-19 crisis
The airline is swapping passengers for cargo.
Seven questions with Stuart Welch
Alphinity's Stuart Welch talks about why Cochlear has been disproportionately hurt during COVID-19, and why he prefers Transurban to Sydney Airport.
New Zealand's media firm Stuff to be sold for a single dollar to its CEO
The organization Stuff prints many of the nation's daily newspapers and runs a popular news website of the same name. It employs about 900 staff, including 400 journalists
Football clubs forced to rethink recruitment strategy as virus impacts transfer market
Around Europe, football is waking up from the coronavirus shutdown, but it is different to before for players and supporters and it is changing behind the scenes too.
Reimbursement part of salary to change! Wi-Fi, BYOD, home office furniture allowance may be new normal
Raj N Phani, the founder of Zaggle, a payments start-up, says pay structure realignment is happening in corporate India as a response to Covid-19
Jet Airways offers two Boeing aircraft to assist Vande Bharat Mission
Thecarrier is undergoing the insolvency process and its affairs are being managed by insolvency resolution professional Ashish Chhawchharia
Eir sells its towers for €300m
Eir, the country’s largest telecoms provider, has sold its tower infrastructure company to Phoenix Tower International for €300m.
Nigeria’s GDP expands by 1.87% amid global challenges
The non-oil sector contributed 90.50% to the nation’s GDP in the first quarter of 2020, less than the 90.78% in the first quarter of 2019
Travellers light bonfires, dump rubbish and empty chemical toilets next to exclusive millionaires' row at Sandbanks in Dorset where Harry Redknapp owns £3.5m seafront mansion
Around ten motorhomes descended on a car park at the exclusive peninsula in Poole. One group of men ignored social distancing rules and sat at an outdoor table, with crates of Corona beer.
Four strategies for rapid innovation during a crisis
The Covid-19 crisis has induced a sense of urgency for product innovations. As a vaccine or drug for the disease remains many months away, there is a surge in demand for ventilators, testing kits, pro
Nasdaq to Consolidate European CSD Business
Nasdaq, an exchange operator, will be consolidating its central securities depository business in Europe, by merging Nasdaq CSD Iceland with Nasdaq CSD SE.
Realtors body Credai write to PM seeking more funding, loan restructuring
The govt has already extended project completion and registration by six months and extended credit-linked subsidy scheme by a year
Cetera Advisor Networks LLC Purchases 1,000 Shares of GMS Inc (NYSE:GMS)
Cetera Advisor Networks LLC grew its position in GMS Inc (NYSE:GMS) by 4.3% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 24,090 shares of the company’s stock after acquiring an additional 1,000 shares during the period. Cetera Advisor Networks […]
Subsidy for scooter scheme released
A sum of ₹8.88 crore has been released as subsidy for purchase of scooters for women under Amma scheme in Tiruvarur district.Disclosing this while handing over the keys to 216 beneficiaries at the Dis
Football clubs forced to rethink recruitment strategy as virus impacts transfer market
Around Europe, football is waking up from the coronavirus shutdown, but it is different to before for players and supporters and it is changing ...
Realme 10000mAh Power Bank 2 with 18W two-way fast charging launched
Realme held a launch event today in India where the much-touted Realme Smart TV was launched alongside the Buds Air Neo TWS earbuds and the Realme Watch, the brand’s first smartwatch. The Chinese brand also announced a new Realme Power Bank 2 with a 10000mAh high-density Lithium polymer battery which the company claims has less …
First Allied Advisory Services Inc. Has $402,000 Stock Holdings in Chipotle Mexican Grill, Inc. (NYSE:CMG)
First Allied Advisory Services Inc. raised its holdings in Chipotle Mexican Grill, Inc. (NYSE:CMG) by 4.4% during the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 614 shares of the restaurant operator’s stock after purchasing an additional 26 shares during the quarter. First Allied […]
Mackay Shields LLC Invests $1.78 Million in Axon Enterprise Inc (NASDAQ:AAXN)
Mackay Shields LLC acquired a new position in shares of Axon Enterprise Inc (NASDAQ:AAXN) during the first quarter, Holdings Channel.com reports. The fund acquired 25,200 shares of the industrial products company’s stock, valued at approximately $1,784,000. A number of other institutional investors and hedge funds also recently modified their holdings of AAXN. Wealth Quarterback LLC […]
Kotak Mahindra Bank cuts interest rates for savings accounts to 3.50%, effective from today; applicable on balance up to Rs 1 lakh
The change in interest rates at Kotak Mahindra Bank comes after the Reserve Bank of India on Friday reduced the repo rate by 40 basis points to 4 percent from 4.4 percent earlier.
Beaches packed on sunny Bank Holiday Monday
Large crowds of people have gathered again on beaches up and down the UK.
Realtors body Credai write to PM seeking more funding, loan restructuring
The govt has already extended project completion and registration by six months and extended credit-linked subsidy scheme by a year
‘An opportune time to invest in markets’
Clarity on economic recovery to unfold over 2 quarters: Reliance Securities CEO
Patriotic Poles led astray by mis-labelled Ukrainian cucumbers
WARSAW (Reuters) - Local supermarket Biedronka has been mis-labelling goods including Belgian carrots and Ukrainian cucumbers as home grown, Poland’s anti-monopoly office said on Monday.
Builders push for $40k home buyer grant to stave off construction crisis - but Barr says no
Chief Minister Andrew Barr said the policy would drive up house prices.
Covid-19 crisis has lessons for agencies on how to respond, come together and collaborate: Deshmukh
Maharashtra Home Minister Anil Deshmukh said every effort was being made to minimise risk for police personnel, who were on the ground and involved in efforts to mitigate the crisis, and make the best possible treatment available for those who have tested positive.
Segalink moves to help investors recover their debt from Wale Jana
Human Rights Activist, Segun Awosanya aka SegaLink has made moves to help investors recover their debt from Saphire scents C.E.O, Wale Alade Jana. Taking to Twitter earlier today, Segalink shared a press release in which he
Binance Adds ETH and XRP Options Contracts
Crypto exchange giant Binance announced on Monday the addition of Ethereum and XRP options trading facility.
Jet Airways offers two Boeing aircraft for evacuation of stranded Indians
Jet Airways could supply up to four aircraft for evacuation missions within a reasonable period of time.Jet Airways has been grounded for a year due to lack of funds
Realme Buds Q, Buds Air Neo, 30W Dart Power Bank and more launched in China
Realme seems to be firing on all cylinders as the company expanded its product catalogue n India and China with the launch of several products, including the X50 Pro Player Edition smartphone. The India launch event saw the unveiling of the Realme Smart TV, Buds Air Neo earbuds, 10000mAh Power Bank 2 and the brand’ …
Markets advance on hope of restrictions being eased globally
Subdued volumes traded on world markets as London and New York closed for holidays
CREDAI seeks restructuring scheme to revive realty sector
Also wants new home loans extended at 5% rate of interest
Realme Power Bank 2 released: 10000 mAh + 18W two-way fast charging
Realme Power Bank 2 released: 10000 mAh + 18W two-way fast charging. This new power bank from Realme is sold for Rs 999 ($13).
COVID lockdown, fungal disease pulp prospects of mango farmers in Dharmapuri
With over 2,000 hectares of land dedicated for mango cultivation, Dharmapuri is one of the largest producers of this fruit in Tamil Nadu.
Reggie Bush: College athletes need guidance if they’re getting paid
If college athletes are going to start making money, their checks should come with a side of “guidance,” according to Reggie Bush. The former USC star said he wished he had gotten
Regeneron to buy back $5 billion stake held by Sanofi
(Reuters) - U.S. drugmaker Regeneron Pharmaceuticals said on Monday it would repurchase about $5 billion of its shares directly from France’s Sanofi, without altering their over-a-decade-long partnership.
Ethereum’s Macro Bear Structure Strengthens as Analysts Eye a Massive Decline
Ethereum's poor performance against BTC has spilled over into its USD pair as well, causing it to flash some notable signs of weakness.
KIBAARA: Smart food markets for the future way to go
The Covid-19 pandemic has revealed that open markets aren’t built for a crisis like this one.
Vermilion Energy CEO’s departure signals return to conservative roots
Return of co-founder as executive chairman comes with greater focus on balance sheet
Ministry discloses updated Egyptian petrochemicals plan 2020-2035
The Ministry of Petroleum disclosed on Monday the updated version of the National Plan for Petrochemical Industries taking place between 2020 and 2035.
Stuff CEO buys company for $1
Stuff chief executive Sinead Boucher has purchased Stuff from its Australian owners Nine Entertainment for $1.
Chocolate company adapts to new normal
A restructure in the wake of Covid-19 has put Jim O’Malley back at the helm of Dunedin chocolate-maker Ocho. Before the outbreak, Ocho was...
Stuff CEO buys company for $1
Stuff chief executive Sinead Boucher has purchased Stuff from its Australian owners Nine Entertainment for $1. The chief executive was returning...
BSE, NSE shut today on account of Ramzan Id
On May 22, the Sensex ended 260.31 points lower or 0.84 percent at 30,672.59, while Nifty fell 67 points or 0.74 percent at 9,039.25.
Australian dollar to the moon as freedom dies
See the latest Australian dollar analysis here:
Singaporean Mobile Marketplace Carousell Launches Hong Kong Property Platform
The feature, called Carousell Property, provides listings of local and overseas residential and industrial properties for sale and rent through its Carousell mobile application.
Pomlum villagers devoid of ration cards, govt cash aid
SHILLONG: As is the case in most other Dorbars, Pomlum is no exception when to comes to receiving cash benefit for the registered daily wage earners. This suburban area, only about 10 km from here, is also devoid of the benefit of ration cards.With m
TV actors battle to survive lockdown blues
As the television industry remains paralysed by lockdown, many actors and workers are scared. Non-payment of dues by many producers are just adding to the woes. For many, it is either turning into a struggle with mental health or a matter of survival
History Repeats As Brazil Delivers Another Iron Ore Boom
Brazil’s worsening Covid-19 crisis is making waves in the commodities world with reduced iron ore shipments from the South American country lifting the price of the steel-making material by 30% to almost $100 a ton.
Germany's top court to rule on compensation for Volkwagen 'Dieselgate' scandal
Almost five years after Volkswagen's admission to cheating on regulatory emissions tests involving millions of cars, Germany's top court will on Monday finally rule in a battle over compensation for…
40 Percent of Factories Halt Operations as Business Declines
The Chamber of Mines and Commerce said on Sunday that 40 percent of factories across the country have halted their activities due to a lack of raw material and lack of mark
40 Percent of Factories Halt Operations as Business Declines
The Chamber of Mines and Commerce said on Sunday that 40 percent of factories across the country have halted their activities due to a lack of raw material and lack of mark
Algorithmic selling risk of your money
OVER my last 32 years, I have seen many a ‘latest fashion’ encourage investors to run toward emptying their bank accounts.
Refunds likely to bury retail boost from pent-up demand
For shell-shocked consumers, mass job losses and emptier social calendars mean cash will prove more alluring than unused purchases.
Rolls-Royce increases price-cuts pressure on suppliers
Big equipment makers turn to strained supply chain for savings
Asian shares reverse early gains, eyes on China-US trade relations
MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.1% after starting higher with China's blue-chip CSI300 index down 0.2%. Hong Kong's HSI index dived 1.4% to a two-month low after sinking 5.5% on Friday.
Bengal BJP chief again stopped from visiting Amphan-hit Midnapore
Sources in the BJP said Ghosh was on his way to Nandakumar, Haldia and Contai, which were among the worst-affected areas in the district, to distribute relief materials. However, his convoy was stopped midway in Tamluk.
Four ways to create more diversified and resilient portfolios
Those who use an array of strategies will be more prepared for whatever the future holds as we emerge from COVID-19
‘Appalled’ judge sentences pastor for theft from Oso victims
“God only knows what darkness in (Gary) Ray’s soul has caused him to do these things,” the judge said.
China: Fiscal stimulus to add 3.2ppt to GDP growth in 2020 – Standard Chartered
Economists at Standard Chartered Bank quantify the impact of the Chinese fiscal stimulus as the 2020 budget amounts to a fiscal stimulus of 5.2% of GD
US Dollar Index pushes higher and approaches 100.00
The greenback, in terms of the US Dollar Index (DXY), is extending the march north to the vicinity of the key barrier at 100.00 the figure on Monday.
Indian Fintech Zaggle Teams Up With Visa to Develop Payments Solutions for Local Startups and SMEs
Indian Fintech firm Zaggle has teamed up with Visa in order to support various payments solutions for SMEs. Both companies will work cooperatively to develop
Nation Media Issues Profit Warning As Covid-19 Effects Eat Into Revenues
The Nation Media Group (NMG) on Friday issued a profit warning to its investors, citing reduced revenues due to the effects of Covid-19 pandemic.In a statement to shareholders, NMG chairman Wilfre
Labor senator calls for ASIC investigation into Rex
Tony Sheldon says the company's "failure to inform the ASX ... flies in the face of Australian corporate standards".
COVID-19: Is this the end of the road for Renault?
Pandemic puts the French brand's 122-year history at stake...
WWE News: Former World Champion Congratulates Jon Moxley For Leaving Company & Going Against Vince McMahon
WWE Hall of Famer Sgt. Slaughter was among the many people who sent their well-wishes on social media to AEW World Champion Jon Moxley following Saturday’s Double or Nothing pay-per-view. ...
Birmingham City Council owes other councils more than £200m
A council owed other local authorities more than £200 million last year, the seventh highest total of any council in the UK, an investigation shows.
Dollar General: Hoping That Nothing Has Changed
Dollar General is about to report earnings for the second time since the COVID-19 crisis hit the United States. The retailer should benefit from both the stockp
Govt asks RBI to remove sugar from negative list as virus hits consumption
Such a move would spur infusion of fresh liquidity and working capital in sugar mills, facilitating speedy settlement of cane arrears
How Yogi Adityanath’s Migrant Commission will turn saviour for workers in Uttar Pradesh – 5 points
Uttar Pradesh Migrant Commission initiative: In the wake of reports of mounting troubles for migrant workers across the country during COVID-19 pandemic, Yogi Adityanath government in UP has decided to set up a Commission for migrant labourers who have returned to the state.
Vedanta’s delisting plan: What choice do shareholders have?
The price of ₹87.5 per share indicated by the company may be too low; but investors have the choice of placing their bids higher
USD/MXN: Slight relief for the peso – CIBC
The initial market reaction to Banxico’s cut to 5.5% suggests that the decision was not more dovish than investors were expecting, according to analys
Darden Restaurants (NYSE:DRI) Price Target Raised to $88.00
Darden Restaurants (NYSE:DRI) had its price objective upped by KeyCorp from $75.00 to $88.00 in a report published on Thursday morning, BenzingaRatingsTable reports. They currently have an overweight rating on the restaurant operator’s stock. Other equities research analysts have also issued reports about the stock. Goldman Sachs Group upgraded shares of Darden Restaurants from a […]
Williams-Sonoma, Inc. (NYSE:WSM) Shares Purchased by First Trust Advisors LP
First Trust Advisors LP lifted its holdings in Williams-Sonoma, Inc. (NYSE:WSM) by 46.5% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 117,633 shares of the specialty retailer’s stock after acquiring an additional 37,327 shares during the quarter. First Trust Advisors LP owned 0.15% […]
Bithumb Names Back Young Heo as Its New CEO
South Korean crypto exchange Bithumb has promoted Back Young Heo as its new chief executive officer (CEO).
Germany's DAX 30 Index: German stocks closes at highest since early March, Lufthansa & Bayer lead the way
The DAX finished the first day of the week at its highest level since the beginning of March. The rally was supported by a better-than-expected Ifo in
CREDAI Seeks Urgent Support For Realty Sector in Letter to PM Modi
The industry body said that it has done its "best possible" to mitigate the plight of over five crore labour force in the sector by providing food and shelter.
ANALYSIS: Lebanon is teetering on the brink - Middle East
Neither Hezbollah leader Hassan Nasrallah nor Lebanese President Michel Aoun care about restoring Lebanon to its once-respected status.
Crypto Community Trolls Ethereum For Not Getting Its Own Emoji
The crypto community on Twitter has united once again in an epic troll, this time aimed at Ethereum. What began as a simple question as to why the second-larges
Cyclone Amphan | NDRF relief disbursed to West Bengal, Odisha
National Crisis Management Committee apprised of ground situation by West Bengal Chief Secretary
Less than 30% of fuel depots operating – DAPPMAN
’Femi Asu Most fuel depot operators have been forced out of business as the Nigerian National Petroleum Company emerged the sole supplier of imported fuel in recent years, the Depot and Petroleum ...
Factbox: EU recovery fund - the battle lines
BRUSSELS (Reuters) - The European Commission will issue on Wednesday a new proposal for a long-term European Union budget and a coronavirus recovery fund to help economies in the bloc rebound from recession.
Malls lose Rs 90k cr in 2 months: SCAI
IANS New Delhi The Shopping Centres Association of India (SCAI) on Monday said the sector has lost over Rs 90,000 crore in the last two months, owing to t
Woman forced to close company because husband refuses to watch child after 3 days
Women across the world are choosing to leave the workforce to take care of their children as schools remain closed, and responsibilities mount.
Capturing The Trend In Cryptocurrencies
Bitcoin's price volatility reaches 6-year high. The upward momentum of cryptocurrencies can create enormous returns on investment, but the downside risk is subs
Some Kelowna business owners feel unheard with no hearing on supportive housing project
A new homeless housing complex destined for Ellis Street in Kelowna’s North End is being launched with no input from the neighbours.“It’s
Ex-Rangers boss Warburton reckons Celtic and Gers would take chance to join England’s lower leagues
MARK WARBURTON reckons Rangers and Celtic would take the opportunity to join England’s lower leagues. Scottish football is facing financial trouble as a result of the ongoing coronavirus cris…
Lenovo promises to up PC building to meet working from home demand
Employees will continue to work from home after the crisis is over and Lenovo is preparing to meet increased demand for PCs.
OnePlus Buds is the Company's First Truly Wireless Earbuds, Might Launch in July - Gizchina.com
OnePlus Buds is going to be the company's first ever truly wireless earbuds. The product might launch in the month of July along with OnePlus Z.
No mask, no service? Businesses have the right to require masks on customers
TORONTO — If you were hoping to get out of putting on a face mask to visit stores and other businesses demanding customers wear one, think again.
Dunedin no longer to be port of call for ship
A shipping company carrying about 15% of the container volume through Port Otago has decided to stop coming to Port Chalmers. The ship Xin Zhang...
Dunedin no longer to be port of call for ship
A shipping company carrying about 15% of the container volume through Port Otago has decided to stop coming to Port Chalmers. The ship Xin Zhang...
Two months of lockdown: Sensex gains 15%, 45 BSE500 stocks rally over 50%
Among largecaps (BSE Sensex), M&M, Reliance Industries, Bharti Airtel, Sun Pharma, Hero MotoCorp and Bajaj Auto gained 32-58 percent, whereas only four stocks were in the red.
Michael Terpin Patiently Waited For A Teen To Turn 18 To Sue Him
As indicated by The New York Post, popular crypto investor Michael Terpin purposely held up until the teenager who took nearly $24 million of digital currency by means of a SIM-Swapping turns 18 so as to indict him. Terpin, who lodged a suit against Pinsky earlier this month, claims that…
Here are the key challenges and scary facts confronting young people
Without a doubt, there will be more over-qualified job seekers and graduates going after fewer available job vacancies due mainly to automation and ageing population. As a result, more young people especially will increasingly be forced into spending more time in higher education.
‘Billions’ Season 5, Episode 4 Recap: It Takes A Monster To Destroy A Monster
In the latest episode of 'Billions' entitled "Opportunity Zone," Axe learns that winning isn’t as fun if your enemy no longer wants what you have.
Staying Connected - With Bars And Restaurants Locked Down, Can Innovation Sustain Drinks And Food Sector Entrepreneurs?
U.K. Bars and restaurants remain in lockdown, a situation that also affects food and drinks suppliers. Rum entrepreneur, George Frost says innovation, flexibility and a willingness to help out partners are vital at this time.
Brands, local and global, get vocal about their Indian roots
According to senior people in several companies The Indian Express spoke with soon after the Prime Minister said that every Indian “has to become vocal for their local, not only to buy local products, but also to promote them proudly”, C-level executives scrambled to come up with a plan to get the brand’s messaging across.
Lockdown Hits Indian Airlines Hard, Many May Find Survival Difficult: Ex-Aviation Regulator Member
New Delhi (Sputnik): The aviation business in India contributed $72 billion to the nation's GDP registering an overall growth trend of around 11 percent per annum over...
Whether To Give Up Dumpster Diving
I discuss the news that Tuesday Morning could file for bankruptcy this week. I reflect on the prospect of quitting 'dumpster diving.' I share a painful lesson o
ACTU lays out demands for Virgin bidders
With binding bids for Virgin due to administrator Deloitte on June 12, ACTU president Michele O'Neil says the union bloc will not budge on worker entitlements.
After failed bid with viper, Kerala man kills wife with cobra: police
Police on Sunday arrested Sooraj, 27, a native of Adoor and Santosh, 47, a snake handler, on charges of killing Sooraj’s wife Uthra, 25, a native of Kollam.
Walmart - Impressive, But Not Impressive Enough
Walmart has seen specular first quarter numbers, but more so in terms of sales than actual profits. E-commerce sales grow rapidly, yet this same trend, stores d
What's Open And Closed On Memorial Day 2020
Monday is Memorial Day. While all the days might be blurring together right now, the day is a federal holiday, which means some places might not be open that typically have been recently....
Hacker selling customer data of 3 crypto wallets, 1 investment platform
Data of customers who allegedly purchased products using Shopify from these crypto wallets have been compromised
Frydenberg’s changes to shareholder class actions smack of ‘cronyism’, lawyers say
The move has been made using emergency Covid-19 powers and favours company directors, they say
HDFC Bank Credit Card, Debit Card Offer: Save up to Rs 2000 on buying AC, refrigerators, coolers online
As part of the offer, HDFC Bank is providing 10 percent Instant Discount with HDFC Bank Credit Cards and Credit/Debit EMI Transactions.
NZD/CAD: Downside Pressure Likely
NZD/CAD is a risk-neutral pair, owing to the fact that both NZD and CAD are often considered commodity currencies. Since CAD is more exposed to the oil market,
Memory-Lane Monday: Did they say anything about an offer you couldn’t refuse?
But they certainly clarified exactly what they wanted.
Arsenal transfer news: Gunners in talks for selling €38m-rated star, set to beat Chelsea and United for €80m ace
Here's the latest Arsenal transfer news
Monday’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
AUD/USD pares early losses, registers modest gains near 0.6550
The AUD/USD pair started the week with a small bearish gap but didn't have a hard time erasing its losses with the risk-on environment helping the AUD
IBM, HP announce major job cuts
Although exact number of layoffs was not confirmed, reports suggest it could be in the thousands.
AE Wealth Management LLC Raises Holdings in Axon Enterprise Inc (NASDAQ:AAXN)
AE Wealth Management LLC lifted its holdings in shares of Axon Enterprise Inc (NASDAQ:AAXN) by 8.9% during the first quarter, according to its most recent disclosure with the SEC. The fund owned 3,137 shares of the industrial products company’s stock after acquiring an additional 256 shares during the period. AE Wealth Management LLC’s holdings in […]
JAFL Litigation Funding Partners Limited (the Company) – Press Release And Investor Update
FeltexClaimants now have until Monday 13 July 2020 to complete Stage 2 funding. The decision of Justice Dobson dated 22 May 2020 (the decision) suggests at [86] a Stage 2 trial date of 27 October 2020 for a hearing of up to 6 weeks.
An expedition will recover the Titanic's telegraph — the radio it used to call for help as it sank. Here's how it'll work., Business Insider - Business Insider Singapore
Business Insider - A specially designed robot is set to enter the Titanic's Marconi suite, where operators issued the sinking ship's last distress call.. Read more at businessinsider.sg
Scott Sumner On The Government's Response To COVID-19 And The Future Of Level Targeting
The Fed needs to be more aggressive addressing the macroeconomic problems stemming from COVID-19, and adopting a level target may be one solution. Scott Sumner
Massive amount of drugs, alcohol and cash confiscated in Komatipoort
Drugs, alcohol and cash with an estimated street value of R10 million were confiscated this morning at the Lebombo Border Post.
Bayer reaches agreement in 125,000 US cancer lawsuits
Pharmaceutical giant reportedly does deal to end inherited costly legal battle
Leinster cancel 2020/21 season tickets and launch new membership scheme
Province forced into emergency plan as they cannot get their 12,800 season ticket holders into the RDS under social distancing guidelines.
Experts urge govt to lock in crude oil purchases as prices start rising
They suggest it is time the govt chipped in as a sovereign oil hedger, perhaps by taking hedging as a Cabinet decision
Monday’s Insider Report: Executive chair invests over $4-million in REIT yielding over 9%
SmartCentres, SNC and Telus see insider buying
German gov't to climb aboard at Lufthansa in virus rescue
(UPDATED) To help Lufthansa, the German government offers a 3-billion-euro loan and 5.7 billion of 'silent' capital. It also seeks to buy 20% of the company for 300 million euros.
On-Chain Metrics Show Ethereum Addresses Grow 350% From 2018 Figures
Ahead of Ethereum’s move to staking after its 2.0 “Serenity” update, investment and wallet activity on the network is increasing. The protocol has received a boost in recent times, driven by both institutional and technical factors.
Why cash can save the rural jobs scheme
India is set to spend over ₹1 tn on the world’s largest rural employment programme. Can it be made to work better?.Large work sites should be opened proactively in each panchayat without waiting for applications. Anyone who shows up should be allowed to work and payments should be in cash
Kaduna COVID-19 cash donations reach N1.26bn, says El-Rufai
Kayode Oyero Governor Nasir El-Rufai of Kaduna State has said the cash donations to the State COVID-19 fund have risen to N1.26bn, The PUNCH reports. This is almost double the N641m announced...
Business activity in Dubai to resume from 6am to 11pm, starting May 27
There will be no restrictions on movement between 6am and 11pm when rule comes into effect
‘I was praying not to face them’- Banks on why he was dreading play-off final
Tranmere Rovers sealed their return to the third tier one year ago today at Wembley
PM's economic package 'jumla', less than 1pc of GDP: Chavan
Senior Congress leader Prithviraj Chavan, incidentally, had demanded a Rs 21 lakh crore package in April this year.
Will the tax exemption for butter imports be cancelled? - Inside Israel
Finance Min. Yisrael Katz approves continued butter imports, as Agriculture Min. Alon Schuster pushes to cancel import tax exemption.
Is repurposing MGNREGA the right way forward?
MGNREGA is not the best instrument to help MSMEs in urban and rural areas. Mixing up its objectives can only lead to chaos with no value addition
Govt proposes to streamline processes to deal with corporate, tax frauds
IANS New Delhi Government proposes to further streamline and simplify the processes to deal with corporate and tax related frauds by identifying and insti
Chelsea can use Bakayoko as leverage for Bulka’s return
Chelsea wants to offload Tiemoue Bakayoko and bring in a keeper, so why not a swap deal? Bakayoko has struggled to find his footing in the Chelsea squad ev...
Home appliances remain immune to Covid, lockdown relaxation boosts demand
28% consumers keen on buying home appliances, while other discretionary spending is on hold, says Nielsen survey
Teen girl, 17, and man die after being pulled from water in bank holiday tragedies on Cornwall coast
A MAN and a 17-year-old girl have died today in two separate tragedies on the Cornish coastline. Emergency services confirmed they attended several incidents off the coast on the Bank Holiday Monda…
Picture Perfect: 'It is the highest spot in the stadium and all I had for company were a few dead birds'
Tommy Dickson shares the story behind his favourite photograph.
Is deflation set to become Economic Enemy No 1?
Amid all the uncertainties that lie ahead is the possibility of deflation setting in post-Covid-19. Negative inflation rates would create an even steeper and longer hill to climb out of economic recession than we are already expecting. It will all come down to whether demand under- or over-shoots supply. The jury is out.
Active Ethereum Wallet Count Has Grown 350% Since 2018; What This Indicates
There is one key data metric suggests that Ethereum has built immense underlying strength over the past couple of years.
Lotte resumes tender offer to buy more PCPPI shares
Lotte Chilsung Beverage Co. Ltd. of South Korea resumed its tender offer to acquire additional shares in soft drink manufacturer Pepsi-Cola Products Philippines Inc. after filing an updated valuation and fairness opinion with the Securities and Exchange Commission.
Covid impact: Private banks set aside over 75% of operating profit as provisions in Q4
All of them provided aggressively in view of the Covid-19 outbreak and the repayment moratorium, which also requires pre-emptive provisioning. Some red-flagged risks that could arise out of the retail unsecured segment.
Teladoc Health: The Growth Is Here To Stay
Teladoc Health recently reported impressive Q1 2020 results and management provided strong full-year 2020 guidance. This new market darling has a strong bull ca
The removal of LVR restrictions on new mortgage lending probably won't be much help to first home buyers in high priced areas like Auckland, Bay of Plenty, Wellington and Nelson
The removal of LVR restrictions on new mortgage lending probably won't be much help to first home buyers in high priced areas like Auckland, Bay of Plenty, Wellington and Nelson
Business owners urged to adjust to survive
MANDEVILLE, Manchester — President of the Manchester Chamber of Commerce Kenisha Dw...
F1 News: Aston Martin set for first major change since Stroll takeover
Aston Martin looks set to make its first major management change since the arrival of investor Lawrence Stroll earlier this year, with CEO Andy Palmer tipped to be replaced
Domestic visitors bring hope
As autumn leaves fall, optimism in the face of Covid-19 is on the rise in the Waitaki Valley. There were signs that domestic tourists were starting...
Hijackers and thieves are also heading back to work in South Africa
Statistics from the vehicle-recovery sector show that crime levels are getting back to normal as the lockdown is relaxed, says Charles Morgan, operations executive at Netstar.
'Need more stimulus with focus on GST cut, wage support, higher MNREGA spend'
With more rate cuts expected, we expect bond yields to remain soft in the near term.
Corporate governance: SBI weighed down by its own laws, says IiAS
The immediate reaction from Institutional Investor Advisory Services (IiAS) is the invite that SBI has sent out to shareholders for an EGM on June 17 amidst COVID-19 pandemic, as the State Bank of India Act of 1955, which created it, does not envisage or allow it to hold the extra-ordinary general meeting digitally/electronically or even an e-voting.
Earnings Estimates Decline Further, Pushing Stock Market Valuations Even Higher
Stocks Analysis by Michael Kramer covering: S&P 500, Dow Jones Industrial Average, SPDR S&P 500, Apple Inc. Read Michael Kramer's latest article on Investing.com
Nigerians Locked In Another Chinese Company In Ogun Cry Out For Help
One of the affected workers told SaharaReporters that aside from forcing them to work, the company had also stopped feeding them and refused to allow them to go out to get food.
Fiscal reforms: State's borrowing to be difficult
With more stipulations to adopt several reforms, it seems to be difficult for the State Government to opt for additional market borrowing in midst of the Covid-19 pandemic. While the State Government has been undertaking several reforms on continuous basis, asking the State during Covid-19
US urges probe into alleged ethics breach by African Development Bank
The letter, dated 22 May, was sent to the chair of the AfDB's board, Ivorian Planning and Development Minister Niale Kaba.
How HomeServe has had to adapt to ensure it is there for customers
The boss of home repairs firm HomeServe today paid tribute to the efforts of his staff to ensure essential emergency work is carried out in people’s homes.
Bayer Reaches Deals on Big Share of 125,000 Roundup Weedkiller Suits
Bayer AG has reached verbal agreements to resolve a substantial portion of an estimated 125,000 U.S. cancer lawsuits over use of its Roundup weedkiller, according to people familiar with the negotiations.
Energy efficient lighting being rolled out in Moorabool
WORKS have commenced on upgrading almost 2000 public lights in Moorabool Shire, to be both more energy and cost efficient. Powercor recently began the three m...
Bayer reaches deals on big share of 125,000 roundup weedkiller suits
Bayer AG has reached verbal agreements to resolve a substantial portion of an estimated 125,000 U.S. cancer lawsuits over use of its Roundup weedkiller, according to people familiar with the negotiations.
Edo crisis: Why Tinubu, Obaseki have not met — Investigation
According to inside sources, Tinubu, a former Governor of Lagos State, has been around in the country and is not averse to seeing the embattled Governor of Edo State, who has been locked in a supremacy battle with his predecessor and National Chairman of the APC, Adams Oshiomhole, The Eagle Online was told
Argos online bank holiday sales: today's best home, garden and tech deals
We're bringing you all the very best Argos online bank holiday sales, deals, discounts and much, much more.
Deficit monetisation: Is it really as simple as RBI printing more money?
India has a comfortable foreign exchange reserves of $487 billion currently.
Debt of consumer discretionary firms faces a downgrade
Ratings firm Crisil has forecast that consumer discretionary services and products are expected to be worse hit by the Covid-19 disruptions.
Virgin Media Ireland announce €1 Million fund to help businesses nationwide
Virgin Media has today launched a €1 Million support fund as part of its #BackingBusiness initiative to boost Irish businesses nationwide.
Burglar in hazmat suit with drill caught trying to steal hospital's £5m Banksy artwork
The 'Game Changer' piece was donated to Southampton General Hospital by mysterious artist Banksy earlier this month so it could be auctioned to raise money for the NHS - with the burglar allegedly striking two days later
'What planet are they on?', 'Bojo stands by top aide': UK front pages react to Dominic Cummings crisis
The left-leaning Daily Mirror leads the attack on the pair, labelling Cummings a “cheat” and Johnson a “coward”.
Is today a bank holiday and when is the next one?
Planning ahead can help you get the most out of the next bank holiday.
Dodge closes Caravan order books at the end of this month
FCA will close the order books on the long-serving Dodge Grand Caravan minivan at the end of the month, with production set to end shortly thereafter.
Promoter to sell 2.75% stake worth $1 bn in Bharti Airtel via block deals
Shares are being offered to large investors at 6 per cent discount to March 22 closing price of Rs 593; Mittal company joins top Indian companies in raising funds
In Pictures: Basking on the beach in bank holiday sunshine
Sun-seekers seized the opportunity to top up their tans.
GBP/USD: Near-term downside risks into mid-year – CIBC
This month, the cable has lost around 2.5%, and analysts at CIBC Capital Markets expect near-term headwinds to persist. Stay up to speed with Yohay El
In Pictures: Basking on the beach in bank holiday sunshine
Sun-seekers seized the opportunity to top up their tans.
‘No need for state economic package to tide over COVID crisis’: Uddhav Thackeray snubs BJP demand
Maharashtra Corona Update: Maharashtra Chief Minister Uddhav Thackeray has rejected the opposition BJP's demand for a package from the state government to tide over Coronavirus-induced crisis.
Kotak Mahindra Bank gets shareholder nod to issue 6.5 crore equity shares
Kotak Mahindra Bank plans to raise as much as Rs 7,500 crore by way of issue of 6.5 crore equity shares of Rs 5 each through a private placement, follow-on public offering (FPO), qualified institutions placement (QIP) or a combination thereof
The Crisis at My Husband’s Nursing Home
The loss of 98 lives there is nothing short of a tragedy.
Madagascar: Sahofika hydropower BOOT scheme to get 4 million Euro loan
The Sahofika hydropower project entails the construction of a 205MW hydroelectric power plant on a Build-Own-Operate-Transfer basis.
FULL TEXT: US treasury letter requesting probe of Akinwumi Adesina
The United States department of treasury said it has requested for an independent investigation into allegations levelled against Akinwumi Adesina.
IDFC First Bank’s senior management takes 10 per cent pay cut in FY21
With economic uncertainty due the national lockdown, IDFC First Bank announced on Monday that its senior management has volunteered to take a 10 per cent cut in compensation in the current fiscal.The
Egypt plans EGP 19bn investments in petrochemical projects
Cairo - Mubasher: The Egyptian Ministry of Petroleum and Mineral Resources is considering the implementation of 11 new petrochemical projects at a total value of around EGP 19 billion, Minister of Petroleum and Mineral Resources Tarek El-Mulla …
EUR/JPY bounces off lows near 117.00
The now better tone in the single currency is giving EUR/JPY extra wings, pushing it above the key 117.00 mark at the beginning of the week. EUR/JPY f
German business morale rebounds in May as corona restrictions are eased
The Ifo institute said its May survey showed that its business climate index rose to 79.5 from a downwardly revised 74.2 in April. A Reuters poll of economists had pointed to a reading of 78.3.
GOP candidate Parnell blasts Pa. governor's 'absolutely absurd' benchmark for full reopening
Pennsylvania Republican candidate Sean Parnell called out Democratic Gov. Tom Wolf Monday on "Fox & Friends," arguing it is "absurd" to believe the state cannot reopen fully until a "foolproof" coronavirus vaccine is available to the public.
In Pictures: Basking on the beach in bank holiday sunshine
Sun-seekers seized the opportunity to top up their tans.
Bank holiday sunshine - and it’s set to continue, with forecasts of a warm, dry June
After today’s sunny bank holiday, a long warm, dry spell looks set to continue - with little rainfall expected for East Anglia during June.
Rhumbline Advisers Increases Stock Position in Fox Corp (NASDAQ:FOX)
Rhumbline Advisers boosted its stake in shares of Fox Corp (NASDAQ:FOX) by 9.8% in the first quarter, HoldingsChannel.com reports. The fund owned 264,628 shares of the company’s stock after purchasing an additional 23,633 shares during the period. Rhumbline Advisers’ holdings in FOX were worth $6,055,000 at the end of the most recent reporting period. Other […]
SeaChange Warns Of An Abysmal Q1 As Customers Continue To Delay Purchase Decisions
Discussing recent Q1/FY2021 earnings warning. Customers continue to delay purchase decisions, resulting in an at least 55% sequential revenue decrease with like
The 'Mogote' is a $87,500 lofted tiny home on wheels that can sleep up to 4 people — see inside, Business Insider - Business Insider Singapore
Business Insider - Baluchon prioritizes using local, "eco-responsible and bio-based" supplies, according to the company.. Read more at businessinsider.sg
Boston Dynamics' Robodog Roams New Zealand Countryside with a New Purpose: Sheep Herding
Canines beware: Apparently we humans aren’t the only ones who need to worry about our inevitable robot overlords replacing us.
Bayer said to settle up to 125k cancer legal cases in US involving Roundup weed killer
Bayer has reached verbal agreements to resolve a substantial portion of an estimated 125,000 US cancer lawsuits over use of its Roundup weedkiller, according to people familiar with the negotiations.
BREAKING Clacton stabbing: Man knifed in stomach yards from packed Bank Holiday beach
We'll be bringing you the very latest updates, pictures and video on this breaking news story
Aspiring model, 24, who vanished in Nottinghamshire over the bank holiday weekend is found 'safe and well'
Nottinghamshire Police said this evening Laura Benson, who vanished in Beeston, has been found 'safe and well' as they thanked those who shared their appeal.
Fandom appoints Zirca Digital Solutions as a media partner for the Indian market
Zirca will work toward maximising Fandom’s advertising revenue potential, build the brand’s presence, as well as expand its pool of demand partners
Thousands of enterprise systems infected by new Blue Mockingbird malware gang | ZDNet
Hackers are exploiting a dangerous and hard to patch vulnerability to go after enterprise servers.
Digitex Futures Adds Chainlink Integration For Unrivaled Price Data Accuracy
Digitex Futures has revealed a new partnership with Chainlink to provide the most consistent and accurate price data without fluctuation.
Pay Cut Law Failure: Remuneration Authority Refuses To Use New Powers
The Remuneration Authority’s refusal to cut salaries for councillors and mayors paid under $100,000 makes a joke of the Government’s much-vaunted pay cut legislation, says the New Zealand Taxpayers’ Union.
TMX boon for local hotels?
With Trans Mountain Pipeline workers scheduled to arrive in Kamloops next month, accommodation is being sought.
Inside AfDB 'whistleblower' allegations against Akinwumi Adesina
Mr Adesina denies wrongdoing and the Bank's ethics committee sides with him.
Moment 'aggressive' shopper accuses carer of 'spreading germs' by wearing her uniform in B&M store amid Covid crisis - leaving her in floods of tears
Kimberley Simpson, from Burton-upon-Trent in Staffordshire, claimed a fellow customer followed her through the store for ten minutes 'shouting' that she shouldn't be allowed inside.
Katie Price's daughter Princess does her mum's hair as they spend Bank Holiday together
Katie Price took to social media to document her Bank Holiday Monday with her children and her daughter Princess ensured she pampered the former glamour model
RevoluPAY Now Licensed To Provide Services In Every EU Country
RevoluPAY, a subsidiary of RevoluGROUP, is now able to offer digital banking services to EU member countries with its new PSD2 license.
Atlassian: Recent Rise And Premium Valuation Put Me On Sidelines For Now
Atlassian reported a strong Q3 earnings with revenue growing 33%, well above expectations for only ~28% growth. However, management provided Q4 revenue guidance
Paddy farming: How migrant crisis has spurred a shift to direct seeding method
But for this farmers need uninterrupted power supply immediately, a need the govt is yet to fulfill
GCash registrations increase by 250%
Globe Telecom Inc. saw an increase in mobile wallet users amid the enhanced community quarantine in the country.
Brian Reade: Cummings' gag about testing his eyes was a true Bank Holiday comedy
Thanks to Downing Street for putting on Carry On Bullsh*tting featuring Dominic Cummings, reminding me of the comedy films I used to watch on Bank Holidays when I was growing up
What lockdown looked like in Wales on Bank Holiday Monday
The majority of people were confined to their gardens due to the coronavirus lockdown
Lebanon’s migrant workers’ plight worsens as crises multiply
BEIRUT (AP) — Long before the pandemic struck, they lived and worked in conditions that rights groups called exploitative — low wages, long hours, no labor law protections. Now, some...
Sterling Bank offers to partner with Cynthia Morgan — amid feud with Jude Okoye
Sterling Bank Plc has offered to partner with Cynthia Morgan, Nigerian singer, for its 'One Bank' campaign.The bank took to its social media page on Monday
Covid-pushed business spike sends fintech ClearTax on hiring spree
At a time when most business giants are stuck in firing dilemmas, India's fintech bellwether player ClearTax is getting busier on its hiring spree.
Outdoor markets and car dealerships will reopen from next Monday
The prime minister announced that from from June 15 non-essential shops will also be allowed to reopen.
'You are not going to die from COVID-19'
Good news (please see the accompanying table)! If you are under 65, in reasonably good health and do not have a vitamin D deficiency, you have only a tiny chance of dying from COVID-19. And if you are
iCE3 Exchange gets Callpay Instant Deposits
South African cryptocurrency exchange iCE3 has launched an additional integrated EFT payment gateway on its platform.
The one thing these great ICT companies have in common
There is one thing top South African IT and telecommunications companies have in common.
Just Dial Q4 net profit rises 21.6% to Rs 76.1 crore
The company had posted a net profit of Rs 62.5 crore in the same period a year ago, Just Dial said in a regulatory filing.
Govt thrust on infrastructure boost to help transmission tower companies: Ind-Ra
According to the ratings agency, the prolonged nationwide lockdown would impact the revenue growth of transmission tower suppliers in the near term, however, the companies that supply T&D equipment are expected to be more resilient than the traditional steel industry players.
Deploy Bear Call Spread strategy in Nifty as weakness expected to continue
Sideways move can be expected with the negative bias as we have seen bearish reversal on the chart twice in the last few days.
Germany's top court to rule on compensation for VW diesel cheating
In an early May hearing, judges at the Federal Court of Justice (BGH) said there was a chance for at least partial compensation for some VW buyers, saying they had indeed been harmed by purchasing a manipulated vehicle.
Dr Reddy’s Rating: Neutral — A strong performance in the quarter
FY21/22e EPS up 2/5%; TP raised to Rs 3,775 from Rs 3,490; ‘Neutral’ retained as valuations capture positives
Just Dial Q4 net profit rises 21.6 pc to Rs 76.1 cr
Digital directory firm Just Dial on Monday posted a 21.6 per cent increase in consolidated profit to Rs 76.1 crore for the March 2020 quarter.
Dublin-based Buymie expands its online supermarket to the UK via partnership with Co-op
Irish startup Buymie, the personalised online grocery delivery provider, has teamed-up with major supermarket Co-op to offer same-day home grocery deliveries and full personal shopping services across Bristol as a first UK city deployment. We featured Buymie this month in our list of 10 online super
Gold Trading Along Last Week’s Lows
Commodities Analysis by Sunshine Profits (Paul Rejczak) covering: XAU/USD, XAG/USD, Gold Futures, Silver Futures. Read Sunshine Profits (Paul Rejczak)'s latest article on Investing.com
Hindalco helps S’pur women earn living
When the Covid-19 pandemic is turning life upside down and leading to widespread job losses, a group of dedicated women in Sambalpur district have insisted on efforts in empowering themselves financially with the support of the Hindalco. These women from Hirakud have already prepared more than
Farming column: Welcome dairy support for farmers
We have welcomed the Westminster and Welsh Governments' announcements to help support dairy farmers overcome the impact of the coronavirus outbreak.
DMart’s secular rally may pause for a while
The stock's at all-time high and at price to earnings multiple of 120 times FY20 score.
Shareholders set agenda for new SEC management
SHAREHOLDERS in the nation’s capital market have placed the 10-year Capital Market Master Plan, CMMP, on the front b
Gulfport Energy: Stock Appears To Be Overvalued Now Due To The Still High Restructuring Risk
Gulfport's borrowing base was reduced to $700 million, and it is limited to $20 million for further unsecured note repurchases. It has plenty of liquidity for n
Bloodied Mayfair tries recruiting investors against ASIC
The upstart investment outfit, which owns Dunk Island, also claims the appointment of receivers to one entity is "premature and imprudent".
KKR becomes Jio Platform's fifth investor in five weeks | ZDNet
Bringing the amount of investment made to ₹78,562 crore during this recent investment cycle.
Rwanda becomes first African country to unfold new Paris agreement climate plan
Despite being one of the poorest countries in the world, and contributing hardly anything to the current climate crisis, Rwanda has become one of the first countries to submit a new national climate plan, which will strengthen global efforts to tackle climate change ahead of the 16th Conference of Parties (COP26).
Renault could disappear without a bail out – report
The French brand's 122-year history could be at stake according to a key decision maker.
TikTok's In-App Revenue Skyrockets During Lockdowns
ByteDance Ltd.’s millennial sensation TikTok and its Chinese twin app Douyin ranked top in the world among mobile apps for April revenue, according to Sensor Tower data that excludes games and advertising.
KBC staff sue over pension funds
Broadcaster says it’s unable to pay the sum at once.
AFAN lauds Gov Ayade over tax exemption for farmers
AFAN, Sunday, lauded the Governor of Cross River State, Prof Ben Ayade, overtax exemption of farmers, especially smallholder farmers
Players need to play on and put themselves in the shop window, says Sunderland's Jim Rodwell
Hundreds of players will be out of contract in the summer, and new deals will be like 'gold dust'
ITC to acquire spices maker Sunrise Foods for estimated Rs 1,800-2,000 crore
The company said it has signed a share purchase agreement (SPA) with Sunrise Foods Private Ltd (SFPL) which will augment its product portfolio and is also aligned to its aspiration to significantly scale up its spices business and expand its footprint across the country.
Lionel Messi casts doubts as Barcelona want surprise striker
Barcelona's hunt for a striker continues as a new name enters the mix. As reported by Don Balon, Barcelona are also considering the possibility of having A...
Fee-waivers, IELTS relaxation: What are foreign universities offering to enroll international students
From fee-waivers to online courses, from virtual tours to provisional admissions and the option to join on-campus at any time, foreign universities are luring Indian students who make the second-highest influx of international exchange. But is it a wise option to study abroad this session?
Everton headlines as summer transfer strategy gets a rethink
All the latest Everton news, views and transfer rumours from the ECHO
Bayer shares jump on report of Roundup settlement
FRANKFURT AM MAIN, May 25 — Shares in German chemical giant Bayer rose sharply today after reports it was close to a mass deal with American plaintiffs who say their cancers were caused by unit Monsanto’s Roundup weedkiller. Bayer stock was up around 5.3 per cent at €60.69 (US$66) in...
Is Email the Future of Journalism?
With the industry in free fall, new models are emerging.
US-based Alsco seeks permission for Spotless Laundries
The sale of Spotless Laundries is certainly keeping the minds at the competition regulator busy.
Premier League must share wealth to ensure English football’s survival
Argument top flight should split riches with lower divisions is beyond credible dispute
If States Want UP’s Migrant Workers Back, They’ll Have To Seek Our Permission: UP CM Yogi Adityanath
More than 23 lakh migrant workers have returned to UP from various parts of the country.
Scots Volkswagen drivers to receive millions in payouts after emission scandal ruling
Scots solicitors have made the claim after a landmark German ruling.
Oppenheimer Asset Management Inc. Has $831,000 Stake in Spirit Realty Capital Inc (NYSE:SRC)
Oppenheimer Asset Management Inc. raised its stake in shares of Spirit Realty Capital Inc (NYSE:SRC) by 56.5% in the first quarter, according to its most recent 13F filing with the SEC. The fund owned 31,797 shares of the real estate investment trust’s stock after purchasing an additional 11,473 shares during the period. Oppenheimer Asset Management […]
Centre reviews progress of relief, restoration work in cyclone-hit West Bengal
The financial assistance of Rs 1,000 crore has already been released to the state government.
McBride: A European COVID-19 Winner, But Basic Challenges Remain
COVID-19 has actually helped Europe's largest private label household products company, McBride. The company has struggled to sustain a decent profit margin for
Reds still 'mates' with pay-cut rebels - captain
MELBOURNE: Queensland Reds players harbour no ill will towards Wallabies lock Izack Rodda and two other team mates for rebelling against pay-cuts, ...
Pound Sterling Price News and Forecast: GBP/USD looking to the upside
At the end of last week, the GBP/USD exchange rate consolidated at 1.2180. During Monday morning, the rate maintained its consolidation. Note that the
Inside the impact bid to save AAP
The consortium has already begun sounding out key AAP customers, which have indicated support for a new version of the newswire service.
Report: Microsoft leads the IoT platform market with greater interoperability
Counterpoint Research recently published its in-depth analysis on the leading IoT platform players. According to the report, Microsoft Azure IoT leads the market with more completeness and greater interoperability. In fact, Microsoft Azure IoT platform leads the overall evaluation in 26 out of 35 capabilities across Edge IoT, Cloud IoT, and Platform Performance categories.
Qualys: Revenue Guidance Appears Choppy But Valuation Reasonable
Qualys reported Q1 revenue growth of ~15% which was slightly ahead of expectations with operating margins showing strong expansion. Management provided 2020 rev
HTC rumoured to launch 5G flagship smartphone in July
The phone is rumoured to be inspired by the HTC U12+ flagship that launched back in 2018.
Pound Sterling Price News and Forecast: GBP/USD taking advantage of a softer US dollar and slight risk-on tones
GBP/USD is currently trading at 1.2192 and slightly higher at the start of the week. Investors remain bullish on the relaxation of lockdown measures w
Toronto police say fraudsters stole $600K from victims by posing as lawyers settling class action lawsuit
Toronto police say two men are facing charges after allegedly defrauding victims by posing as lawyers attempting to settle a class action lawsuit.
Delay in projects to impact profitability in FY21, says Cochin Shipyard
There will not be any additional impact due to liquidated damages for delay in running projects as it has already invoked Force Majeure clause available in all the contracts
Buxton: It will be different, with lower wages and fewer extras
New Burton boss is clear about the 'new reality' coronavirus is certain to bring to football
Bharti Airtel parent eyes $1 bn from stake sale to pay off loans
Move to help telco clean up debt overhang as promoter debt also impacts ratings
M&M organises service support for its vehicles on essential services
Also comes up with finance schemes for frontline staff
Pan-African businessman completes 100kW solar mini-grid in Zimbabwe
Philanthropist Strive Masiyiwa has completed a 100kW solar power project at Ndolwane in Bulilima district, through his ‘Re-Imagine Rural’ initiative.
Poundland to open 26 more stores this week
The discount retailer said that while it had kept most of its stores open for essential shopping, around 100 were temporarily shut in March.
Poundland to open 26 more stores this week
The discount retailer said that while it had kept most of its stores open for essential shopping, around 100 were temporarily shut in March.
Poundland to open 26 more stores this week
The discount retailer said that while it had kept most of its stores open for essential shopping, around 100 were temporarily shut in March.
Rescued migrant labourers narrate their ordeal to RDO
An inquiry was conducted with 14 migrant youth engaged in borewell industry in Madurai to ascertain whether they were kept as bonded labourers. They were rescued over a month ago by a city-based non g
Rich Chinese Snapping up Luxury Homes From Singapore to Sydney
Rich Chinese home buyers are back.
As GDPR turns two, some are doubting the Irish Data Protection Commission's ability to enforce rules
It's been two years since the European Union's General Data Privacy Regulation (GDPR) went into effect, with sweeping changes to how companies are able to handle customer data. It's also inspired similar rules that were adopted in the US, such…
Quarantined investors create ‘perfect storm of stupid’ (Plus, a TSX stock skyrocketing on the shift to remote working)
A roundup of investment ideas for active investors
Last Chance To Board The Microsoft Train
Microsoft trades near all-time highs and this may have investors wondering if the stock is still a good buy. Through our DCF valuation, we propose two scenarios
Coca-Cola Amatil sales plunge on widespread COVID-19 lockdowns
A full month of lockdowns has severely disrupted what are traditionally peak trading periods of Easter, Anzac Day and Ramadan for the drinks giant.
Coca-Cola Amatil sales plunge on widespread COVID-19 lockdowns
A full month of lockdowns has severely disrupted what are traditionally peak trading periods of Easter, Anzac Day and Ramadan for the drinks giant.
Birds Of A Feather: The Stepchickens Cult On TikTok Is The Next Evolution Of The Influencer Business
A comedian named Melissa, aka Mother Hen, has supercharged her TikTok following—and her potential earning power.
Safaricom retains top position as East Africa's most valuable firm
Kenya’s listed telco Safaricom topped the region as the largest company by market capitalisation and net earnings yet again this year, even as the Covid-19 pandemic hit listed firms, wiping out
Bata India Q4 net profit down 57% to Rs 38 crore
The company had posted a net profit of Rs 88.66 crore in January-March quarter a year ago, Bata India said in a BSE filing.
CBIC clears Rs 11,052 crore GST refund claims since April 8
The finance ministry had on April 8 said that to provide relief during COVID-19 it has been decided to issue all pending GST and custom refunds which would benefit around 1 lakh business entities, including MSME.
Safaricom retains top position as the most valuable firm in the region
It has a market capitalisation of $9.96b, a net income of $598m and $10b worth of market value.
Ramaphosa on SA moving to level 3 lockdown: ‘It is now in your hands’
But with more than 22,000 confirmed cases of COVID-19 in the country, the president warned South Africans the worst was yet to come.
Farmers, NGOs oppose KCR’s regulating farming plan
Telangana Chief Minister K Chandrashekar Rao’s plan to regulate farming in the State has met with strong criticism from farmers, farmers’ unions and non-governmental organisations (NGOs) working in th
FRSC to Ogun: Relocate Ota toll gate motor park, market
The Unit Commander of FRSC, Akeem Ganiya, made the appeal in an interview with the News Agency of Nigeria in Ota.
Smartphones: the perfect gateway into the trading world [Sponsored]
It used to be the preserve of the financial expert or city worker, but trading in stocks and shares has recently become accessible to...
Regal, Tribeca-backed Trident Resources mulls spearing the ASX
There could be a new type of mining exposure heading Down Under before too long.
Capex preview
Via the excellent Gareth Aird at CBA:
iSignthis slams ASX for seeking sensitive details as Visa deal ends
ISignthis confirmed its high-profile relationship with Visa will be terminated, as it blasted the market operator for requesting sensitive details about its relationship with the card giant.
iSignthis slams ASX for seeking sensitive details as Visa deal ends
ISignthis confirmed its high-profile relationship with Visa will be terminated, as it blasted the market operator for requesting sensitive details about its relationship with the card giant.
iSignthis slams ASX for seeking sensitive details as Visa deal ends
ISignthis confirmed its high-profile relationship with Visa will be terminated, as it blasted the market operator for requesting sensitive details about its relationship with the card giant.
Rich, but household debt is growing: A time bomb for South Korea?
South Korean households are piling up debt for various reasons, from overspending on credit cards to unemployment to gambling losses. The ...
Cult favourite US hard seltzer brand White Claw is coming to Australia, following a licensing deal with Lion
Get ready: cult favourite seltzer brand White Claw is coming to Australia.
Brand loyalty no more? Regional brands take larger pie in times of Covid
Local products gain market share as bigger FMCG companies struggle with supply chain issues
Yogi Government To Form Migration Commission To Provide Migrant Workers Employment In The State
The Yogi Adityanath led Uttar Pradesh government has ordered the formation of a “Migration Commission” which will be tasked with providing employment to migrant workers who have recently returned back to the state in light of the Covid-19 lockdown, ANI has reported.
Nigeria’s GDP rises by 1.87% in Q1 2020
Nike Popoola In the first quarter of 2020, Nigeria’s Gross Domestic Product grew by 1.87 per cent (year-on-year) in real terms. The National Bureau of Statistics revealed in ‘Nigeria’s Gross ...
Abiteboul believes in F1 project: ''This will be good for us too''
Renault is in heavy weather. According to several sources, the French car manufacturer has to cut back considerably and it cannot be ruled out that the Formula 1 team will suffer as a result. However, Cyril Abiteboul doesn't think so.
Airbus experts to arrive in Pakistan to probe PIA plane crash
Was it a technical fault, bird-hit or pilot error?
CBIC clears Rs 11,052 crore GST refund claims since April 8
India Business News: The Central Board of Indirect Taxes (CBIC) on Monday said it has sanctioned GST refund claims worth Rs 11,052 crore in 47 days. In a tweet, the CBIC s
Bajaj CT 100 BS6 and Bajaj Platina 100 BS6 are among the Affordable Bikes in the Indian Market -
Due to the lockdown people didn’t buy the bikes last month, but if you are thinking of buying a new
Children Hit By Cyclone Amphan Even More Vulnerable To COVID-19
Children in India and Bangladesh are even more vulnerable to COVID-19 after Cyclone Amphan destroyed the homes and livelihoods of thousands of families.
Hopeful of returning to work, scores of migrants return home
A number of migrant workers, who have left from Maharashtra's Pune city for their native places after being rendered jobless due to the lockdown, are hopeful that the situation will normalise and they would be able to come back to work.
CBIC clears Rs 11,052 crore GST refund claims since April 8
In a tweet, the CBIC said it is "committed to ensuring liquidity to GST taxpayers especially MSME sectors during the lockdown".
Lottery throws millions more at dodgy projects
The National Lotteries Commission has refused to disclose its beneficiaries. But we found them. By Raymond Joseph and Anton van Zyl
ETRADE Capital Management LLC Sells 1,830 Shares of Allergan plc (NYSE:AGN)
ETRADE Capital Management LLC cut its position in shares of Allergan plc (NYSE:AGN) by 36.6% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 3,173 shares of the company’s stock after selling 1,830 shares during the quarter. ETRADE Capital Management LLC’s […]
Invesco Ltd. (NYSE:IVZ) Position Boosted by AE Wealth Management LLC
AE Wealth Management LLC increased its holdings in Invesco Ltd. (NYSE:IVZ) by 17.3% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 25,084 shares of the asset manager’s stock after buying an additional 3,696 shares during the quarter. AE Wealth Management LLC’s […]
AE Wealth Management LLC Boosts Stock Position in Synopsys, Inc. (NASDAQ:SNPS)
AE Wealth Management LLC raised its stake in Synopsys, Inc. (NASDAQ:SNPS) by 14.7% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,785 shares of the semiconductor company’s stock after purchasing an additional 229 shares during the period. AE Wealth Management LLC’s holdings in […]
Sun rises for ITC's aggressive acquisitions
ITC's acquisition of Sunrise is its biggest deal in the past two decades and shows company's readiness for inorganic growth to meet the turnover target of Rs 1 lakh crore for its non-cigarettes FMCG business by 2030
RoboForex Expands Crypto Offering, Adds ETH/BTC and LTC/BTC
RoboForex has expanded its cryptocurrency offering by increasing the number of crypto pairs available for trading to include ETH/BTC and LTC/BTC.
Oppenheimer Asset Management Inc. Acquires 11,774 Shares of Aptiv PLC (NYSE:APTV)
Oppenheimer Asset Management Inc. increased its holdings in shares of Aptiv PLC (NYSE:APTV) by 358.7% during the first quarter, HoldingsChannel.com reports. The fund owned 15,056 shares of the auto parts company’s stock after buying an additional 11,774 shares during the quarter. Oppenheimer Asset Management Inc.’s holdings in Aptiv were worth $741,000 as of its most […]
Oppenheimer Asset Management Inc. Acquires 11,774 Shares of Aptiv PLC (NYSE:APTV)
Oppenheimer Asset Management Inc. increased its holdings in shares of Aptiv PLC (NYSE:APTV) by 358.7% during the first quarter, HoldingsChannel.com reports. The fund owned 15,056 shares of the auto parts company’s stock after buying an additional 11,774 shares during the quarter. Oppenheimer Asset Management Inc.’s holdings in Aptiv were worth $741,000 as of its most […]
IndexIQ Advisors LLC Buys Shares of 10,279 KB Home (NYSE:KBH)
IndexIQ Advisors LLC bought a new stake in KB Home (NYSE:KBH) in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 10,279 shares of the construction company’s stock, valued at approximately $186,000. A number of other hedge funds also recently modified their holdings of KBH. […]
Letter to BS: India can play a key role in the post-Covid world
For that to happen, India has to carry out fast-paced economic reforms and significantly increase its economic might
Lufthansa says Germany approves stabilization package
FRANKFURT (Reuters) - Germany’s new Economic Stabilization Fund (WSF) has approved a 9 billion euro ($9.80 billion) stabilization package for Lufthansa (LHAG.DE), Germany’s flagship carrier said on Monday.
Back to the future on class actions
The government's move to impose controls on litigation funders takes the industry back a decade.
Penticton Farmers' Market could open this weekend
The Penticton Farmers' Market could open for the season as early as this weekend.Market manager Katherine Harris says they are awaiting final permits fr
Nigeria's GDP grew by 1.87 per cent in Q1 - The Nation Nigeria
The National Bureau of Statistics (NBS) has said that the First Quarter of 2020, Nigeria's Gross Domestic Product (GDP) grew by 1.87 per...
WHO announces it will temporarily suspend hydroxychloroquine trials for COVID-19 treatment, Business Insider - Business Insider Singapore
Business Insider - The study's steering committee met over the weekend, agreeing to suspend enrollment while gathering data about the safety and efficacy of the drug.. Read more at businessinsider.sg
There's Always Something To Worry About (And That's Bullish)
Persistence of worry among investors supports a bullish contrarian thesis. The 32% rally in the S&P 500 strongly suggests a new bull has begun. Online retail sa
Lufthansa says Germany approves stabilization package
Germany's new Economic Stabilization Fund (WSF) has approved a 9 billion euro (US$9.80 billion) stabilization package for Lufthansa , Germany's ...
NCLAT sets aside NCLT order on making MCA party in all IBC cases
A three-member Bench of the NCLAT held that the NCLT order asking the Ministry to be made a party in all IBC cases, without giving the MCA a chance to present its side would have resulted in “serious miscarriage of justice, besides causing undue hardship”.
High-speed rail on Australia’s east coast would increase emissions for up to 36 years
Bullet trains are back on the political agenda. Labor is again spruiking its vision of linking Melbourne, Sydney and Canberra with high-speed trains
Parliament committee wants TTCL audited over unclear debts
The Parliamentary Public Accounts Committee (PAC) has called for a thorough management audit of the Tanzania Telecommunications Company Limited (TTCL) to establish areas of reform that would improve
JN Group donates $1 million to assist elderly
THE work of the National Council for Senior Citizens (NCSC) — the umbrella organisa...
Food prices go up in West Bengal due to Cyclone Amphan
The cyclone has hit supplies and prices of most vegetables have spurt by 20 to 30 percent and will soar further, vendors said.
Buy VST Industries; target of Rs 4000: ICICI Direct
ICICI Direct is bullish on VST Industries has recommended buy rating on the stock with a target price of Rs 4000 in its research report dated May 22, 2020.
Leak suggests that the Redmi Monitor 1A is a cheaper version of the Mi Display 1A
Redmi's upcoming monitor will be called the Redmi Monitor 1A, according to well-known leaker Ishan Agarwal. Much like the Mi Display 1A, it will also come with a 60Hz 23.8-inch IPS LCD panel. The monitor will reportedly cost around $85 and will be unveiled alongside a host of other products on May 26th.
These Are the Government Guidelines for Victorian Restaurants and Cafes to Reopen
No tables bigger than six. No self-service cutlery and glass stations, or communal drink and condiment stations. And alcohol can only be served with a meal, “which is more than a snack”. Here’s how you’ll experience dining in Victoria from June 1.
Bharti Telecom to sell $1 bn stake in Airtel
Bharti Telecom is selling upto $1 billion of its shares in Bharti Airtel through a secondary market block deal on Tuesday.
Massive fire breaks out in Apoorti market godown
Grocery goods and general goods turned into ashes after a massive fire broke out at godown of Apoorti Super market at Govindpura Industrial area in the morning on Sunday. The godown of Apoorti Super market was gutted in fire due to short circuit borne fire in the early morning hours and locals
Wealthy Chipinge businessman’s son (13) kills juvenile in accident
Chipinge – A 13-year-old son of a wealthy Chipinge businessman, notorious in the small agricultural town for driving around his father’s posh cars with neither licence nor the statutory age yesterday allegedly bumped into and killed another juvenile.
An Analysis Of Dropbox And Box For The Work-From-Home Era
Box revenues are growing but growth is slowing. R&D could improve the current offering. Quarterly earnings give hope there are still near-term headwinds. Dropbo
Pound Sterling Price News and Forecast: GBP/USD portrays falling wedge on hourly chart below 1.2200
GBP/USD rises to 1.2191, up 0.15% on a day, during Monday’s Asian session. In doing so, the Cable pair extends its recoveries from Friday’s low of 1.2
Toronto stock market rally led by cannabis while U.S. stock markets closed
Canada's main stock index posted a triple-digit advance to start the trading week on a broad-based rally led by a resurgence among cannabis stocks.
The launch of SpaceX's rocket Falcon Heavy on June 25, 2019
Space Exploration Technologies Corp. -- commonly known as SpaceX -- is slated to send two astronauts into space on Wednesday. Fortunately the fourth launch -- that was the last money that we had -- the fourth launch worked, or that would have been it for SpaceX. Born in South Africa, Musk immigrated
Campari: Stock Is Too Expensive As Restaurants Remain Closed
First impact from COVID-19 could be seen in Q1 results, where profit halved compared with the same period last year. Further drop in sales and profit is expecte
Virus vaccine maker's bubble bursts after stock crashes
The bubble continued to burst in shares of CanSino Biologics Inc., which fell a record 28% Monday even after positive early data on its COVID-19 vaccine candidate.
Current equity losses underline why planned exit from investment is important
In investing, the level at which you invest is just as important as the value when you exit.
Tim Wilson wants fresh inquiry into Hostplus conflicts
The federal MP has asked regulators to investigate 'vertical integration' in the industry superannuation sector.
‘Barbourfields Stadium must be demolished’
Bulawayo City Council has to completely demolish Barbourfields Stadium and reconstruct it for the facility to meet international standards as per Caf recommendations, a senior council official has said.
'Many will starve': locusts devour crops and livelihoods in Pakistan
Farmers faced with worst plague in recent history say they have been left to fend for themselves
Mercedes-AMG boss tipped for top job at Aston Martin
The British brand's relationship with Mercedes may become stronger according to international reports.
Tayside and Fife golf courses say they are ready to reopen this week
Golf courses across Tayside and Fife are driving forward with plans to reopen on Friday after almost 10 weeks of closure.
FRIENDS Actress Jennifer Aniston’s WHOPPING Net Worth Might Give You A Heart Attack, Be Aware!
Jennifer Aniston rose to fame with FRIENDS and became immensely popular all across with the show. It is till date one of the best TV shows ever made in history of Hollywood. Murder Mystery actress h
Why Target ended up a $3.6b black hole
It's a constant in Australian retail that Target and Kmart didn't fire at the same time, even before the arrival of fast fashion retailers and online shopping.
Arsenal in transfer talks with Champions League giants over selling €38m-rated star
Arsenal are reportedly negotiating the sale of Pierre-Emerick Aubameyang with Paris Saint-Germain in a potential €38million transfer.
Town hall back in business
The Township of Spallumcheen is back open for walk-in business.
EUR/CHF: SNB looking to contain Swiss franc action – CIBC
The SNB has managed to avoid EUR/CHF breaching 1.05, though it has traded at lows since the end of Q1, per CIBC Capital Markets. Dont’s miss: Diminish
S&P 500: The market is not going to fall off a cliff again – Charles Schwab
Q1 earnings season is virtually over. While the S&P 500 chart is showing a consolidation, Randy Frederick from Charles Schwab wouldn’t be surprised if
Telstra CEO wants NBN upgrade paths reflected in govt policy
Calls for telcos to be unshackled from past policy and decisions.
Perform Or Perish: Now, Railway Contractors’ Efficiency To Be Appraised By Project Engineers, To Boost Quality, Safety
However, performance appraisal report of all zonal contractors irrespective of value shall be filled in.
NNPC says top management appointments on merit
The Nigerian National Petroleum Corporation (NNPC) says professional competence, adherence to the principle of transparency and accountab
NNPC says top management appointments on merit
The Nigerian National Petroleum Corporation (NNPC) says professional competence, adherence to the principle of transparency and..
Alpaca-rearing business granted green light for permanent workers’ house
A mobile home in the Green Belt can now be replaced by a permanent house so that a rural worker can stay on site to supervise an alpaca herd.
Snapchat daily user base in India grows by 120%
Photo messaging app Snapchat says its daily active user base (DAU) in the country has jumped 120 per cent year-on-year in March 2020.
The 20 best pairs of footballing brothers in history, including World Cup winners, national heroes, and the best defender of all time, Business Insider - Business Insider Singapore
Business Insider - 90% of youngsters who play for professional academies never make it, however, when lightning does strike, it's not rare for it do so twice.. Read more at businessinsider.sg
NCDEX launches agriculture index futures, trading to start on Tuesday
Agridex represents produce grown in India and is not linked to any external benchmark; it will be available initially for trading of contracts expiring in June, July, September and December
Boost for zero-emission sources as global capital backs Indian solar power
The tumbling tariffs of solar power, however, have slashed the expectations of returns by investors from 14 per cent to 12 per cent
Snapchat looking to expand India business based on growth in user base: Report
Social media platform Snapchat is eyeing significant growth in its India business owing to a surge in usage, according to media reports.Snapchat’s daily active user base (DAU) in India increased by 12
Upstate 19-year-old creates business to help with shortage caused by COVID-19
A 19-year-old in Gaffney saw a shortage caused by COVID-19. Hart Bridges then decided to start his own mask business called Rosleck Safety to help.
ETRADE Capital Management LLC Sells 2,520 Shares of Ball Co. (NYSE:BLL)
ETRADE Capital Management LLC decreased its position in Ball Co. (NYSE:BLL) by 27.1% during the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 6,796 shares of the industrial products company’s stock after selling 2,520 shares during the period. ETRADE Capital Management LLC’s holdings in Ball were worth $439,000 as […]
India snake-bite assassin killed wife at second attempt
NEW DELHI, May 25 — After first failing with a viper, an Indian man has been arrested for allegedly murdering his wife by letting loose a cobra in her room, police said today. Police in the southern state of Kerala said phone records showed the man—named as Sooraj—had been in contact with...
Trade setup: No consensus on Nifty direction; 50DMA remains key hurdle
This makes the market more vulnerable on the higher side.
How much the average homeowner pays for insurance in the US, by state and home value
The value of your home, where you live, and the coverage level you choose can all impact your homeowners insurance cost.
UGREEN 3C1A GaN PD Charger appears on Indiegogo at 50% off
UGREEN is once again here with another impressive accessory for your smart gadgets. This time the company has crafted a 3C1A GaN PD Charger which could replace Apple’s 18W charger for just $19. The UGREEN charger has just listed the new GaN PD charger on Indiegogo. It features various advancements over the chargers that are …
ETRADE Capital Management LLC Has $597,000 Holdings in Lithia Motors Inc (NYSE:LAD)
ETRADE Capital Management LLC increased its position in shares of Lithia Motors Inc (NYSE:LAD) by 10.8% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 7,294 shares of the company’s stock after purchasing an additional 708 shares during the period. ETRADE Capital […]
ETRADE Capital Management LLC Raises Stake in American Express (NYSE:AXP)
ETRADE Capital Management LLC increased its stake in shares of American Express (NYSE:AXP) by 9.4% in the first quarter, HoldingsChannel.com reports. The institutional investor owned 7,015 shares of the payment services company’s stock after buying an additional 603 shares during the quarter. ETRADE Capital Management LLC’s holdings in American Express were worth $600,000 as of […]
An expedition will recover the Titanic’s telegraph — the radio it used to call for help as it sank. Here’s how it’ll work.
A federal judge ruled this week that a salvage company can go forward with a plan to recover the telegraph that the Titanic used to send out distress calls as it sank.
NAB's rod for its own back
NAB will reveal the results of a share purchase plan that might be heavily oversubscribed on Wednesday.
Merger Arbitrage Analysis And Spread Performance - May 24, 2020
ForeScout Technologies declines following the accusation of a MAE and subsequent legal action. COVID-19 forces investors to reanalyse merger arbitrage risks. Av
An expedition will recover the Titanic's telegraph — the radio it used to call for help as it sank. Here's how it'll work.
A specially designed robot is set to enter the Titanic's Marconi suite, where operators issued the sinking ship's last distress call.
An expedition will recover the Titanic's telegraph — the radio it used to call for help as it sank. Here's how it'll work.
A specially designed robot is set to enter the Titanic's Marconi suite, where operators issued the sinking ship's last distress call.
Pick Your Bias And Selective Data Will Support
Different investment horizons favor different inputs. There currently appears to be a tug of war between the inputs that please bulls and bears. I expect prior
Reliance JioMart opens online grocery service in 200 cities; key things to know
With rising demand on online grocery delivery platforms amid coronavirus lockdown, JioMart is Reliance Industries' bid to cash in on the spurt in this segment
Delhi sees season's highest power demand on Sunday
Tata Power Delhi Distribution said it met the peak power demand of 1493 MW on Sunday night.
India snake-bite assassin killed wife at second attempt
Her parents became suspicious when Sooraj tried to secure ownership of his wife's property just days after her death.
Malls Lose Rs 90,000 Crore in 2 Months, SCAI Seeks Adequate Relief
In a statement, the industry body said that the Reserve Bank of India's (RBI) relief measures are not adequate to support the liquidity needs of the industry.
Bongi and Bulls: A case of unfinished business?
In his latest Rucking with Rob newsletter, Rob Houwing says he was surprised to hear rumours that Bongi Mbonambi could return to the Bulls.
USD/COP: Limited enthusiasm for the peso to drag the pair to 3600 by year-end – CIBC
Economists across the board have revised the Colombian GDP lower. Luis Hurtado, an analyst at CIBC Capital Markets, forecast the USD/COP pair trading
Chasing Data in Enterprise XR and Beyond
Feel-good stories (like customer engagement and titillating use cases) for immersive XR applications are what we always seem to hear about these days. In a previous article,
Bharti Telecom to sell $1 bn stake in Airtel through block deal
IANS New Delhi Bharti Telecom is selling upto $1 billion of its shares in Bharti Airtel through a secondary market block deal on Tuesday. Bharti Teleco
Cops crack the case of well murders: A party and a few uninvited guests
Sometime on Wednesday night, nine drugged bodies were dragged to the abandoned well and...
Owner of collapsed building charged with 19 counts
Kampala, Uganda | THE INDEPENDENT | The owner of the building which collapsed killing 13 people in Makindye has been charged with 19 counts. Abraham Kalanzi, aged 31-year-old, the owner of the collapsed building was charged before the Makindye One Magistrate Edith Mbabazi. He was charged alongside Engineer Christopher Bandi Ruhambya 55. The charges include; …
Former GOVT Accountant-General dies, family suspects foul play
Former Finance ministry’s Accountant-General Daniel Muchemwa has died, Zim Morning Post can reveal. He passed on Sunday morning at Dandaro Hospital in Borrowdale, Harare.
Safety, hygiene concerns at COVID-19 centre in Ghatkopar
Patients recovering from virus, newly infected share rooms and bathing facilities, says inmate
B.C. Parks online reservation system back in business
British Columbia campers can reserve their favourite campsite in a provincial park as of today.The province’s online reservation system opened for bus
Dominic Cummings visited Barnard Castle to see if he could drive safely
Boris Johnson's senior advisor made the second journey after driving 260 miles to Durham
Apprentices needed to work at Sizewell A nuclear reactor site
Four apprentices are being sought to work on one of the country’s oldest nuclear reactors currently being decomissioned on the Suffolk coast.
Realme X50 Pro Player Edition 5G with support for 90Hz refresh rate Launched
Realme first unveiled the Ralme X50 Pro in China in March 2020. Barely two months after the company has launched a new game-focused variant dubbed Realme X50 Pro Player Edition. The smartphone was part of a series of products unveiled today by the company. The Realme X50 Pro Player Edition shares the same design with …
JetBlue Airways: Beware The Pending Capital Raise
JetBlue's 1Q commentary points to an April trough. I am less confident about JetBlue leading a recovery given its exposure to the Northeast. The ~$750 million c
Succession Planning: Along with businesses, even families need to adopt, adapt to secure interests
While most UHNI individuals or families recognize the need for succession planning, not many are disciplined about it. For most, succession planning is something one pays attention to only on nearing retirement.
Country singer Morgan Wallen thanked authorities for 'doing their job with class' after he was kicked out of Kid Rock's bar and arrested in Nashville, Business Insider - Business Insider Singapore
Business Insider - Morgan Wallen was reportedly arrested on Saturday night after being thrown out of a Nashville bar owned by Kid Rock.. Read more at businessinsider.sg
Resumption of domestic flights to help in reviving aviation industry: SOTC Travel
The resumption of domestic passenger flight services after a gap of two months is a favourable move in reviving the aviation sector, SOTC Travel said on Monday.
Frozen Black BMW M760Li xDrive gets some aftermarket upgrades
Auto-Dynamics.pl takes the already extroverted BMW M760Li and enhances its design with a few aftermarket touches
Brit teacher in Cambodia told by docs to cough up £20k or lose his infected lung
Anthony Igoe, 31, from Clydebank, Scotland, has picked up two bacterial infections while on holiday with partner Alana Fonseca, who claims insurance firm Cigna is refusing to pay
South Carolina teen creates business to help with mask shortage caused by COVID-19
A South Carolina teen decided to start his own mask business to help with the shortage caused by COVID-19.
Bihar, Jharkhand transfer via apps Rs 1,000 each to 21 lakh migrant workers
Faced with the challenge of providing relief to migrant labourers stuck in other states during April — before transportation became available on May 1 — Bihar has developed a mobile application (app) which could perform basic checks through Aadhaar authentication to identify genuine beneficiaries.
Bharti to sell 2.75% stake in Airtel for $1bn, reduce debt
India Business News: Bharti Telecom, the Indian promoter of telco major Bharti Airtel, is set to sell a stake of up to 2.75% in the mobile services provider through block
Covid-19 to dent M&R earnings ‘more than 20%’
Group reports further growth in order book to R51.5bn at end-March.
This is the reason why there was a huge convoy of lorries on the M4 today
There was a convoy of around 90 lorries tooting their horns along the motorway
Toronto stock market rally led by cannabis while U.S. stock markets closed
TORONTO — Canada's main stock index posted a triple-digit advance to start the trading week on a broad-based rally led by a resurgence among cannabis stocks.
Benje Patterson casts an eye over the entrepreneurial spirit that saw 3,136 businesses started across New Zealand during April when the country was in lockdown
Benje Patterson casts an eye over the entrepreneurial spirit that saw 3,136 businesses started across New Zealand during April when the country was in lockdown
The Chase: Bradley Walsh stunned as contestant wants to 'rent a chap' with prize
Shirley wants a companion to go travelling with.
Meet the Aussie money manager who made millions as markets crashed
Father-of-six Nicolas Bryon didn't get much sleep, but it wasn't family duties keeping him up. He was one of a few hedge funds managers around the world who managed to make money in March and April.
Meet the Aussie money manager who made millions as markets crashed
Father-of-six Nicolas Bryon didn't get much sleep, but it wasn't family duties keeping him up. He was one of a few hedge funds managers around the world who managed to make money in March and April.
Former Windows Chief Chooses iPad Pro As His New Desktop PC
The man who was in charge of Windows 8 turns to Apple's iPad Pro to power his latest desktop computer
One-stop spot for fresh vegetables
SHILLONG: Defying the lockdown’s topsy-turvy effect on trade and commerce, the small vegetable growers from various hamlets around Upper Shillong area have created a makeshift market in downtown Shillong which is turning out to be one-stop spot for d
Anas, Akufo-Addo named among top 50 Africa disruptors for 2020
Ace Ghanaian investigative journalist, Anas Aremeyaw Anas, has been named among top 50 Africans who are ‘shaking up the status quo’ on the continent.
Michigan man, 20, charged in horrific beating of nursing-home patient caught on video
Jaden Hayden, 20, was charged Sunday in connection with the beating of 75-year-old Norman Bledsoe at a Detroit nursing home.
Redundancies pitting workers against each other
New Zealand and immigrant workers are being pitted against each other as South Island businesses wield the axe over thousands of jobs. Unions say...
RIL Rights Entitlement: An opportunity for retail shareholders and arbitragers
The overall risk profile to the trade is similar as was before which is exposure to Reliance Industries equity and its price movements.
KTR extends aid to differently-abled
IT and Municipal Administration Minister, KTR once again displayed his compassionate side on Sunday, when he extended financial support to a physically challenged person.
First test of Virgin Orbit rocket fails to accomplish goal
The first test launch of a rocket that is released from a jumbo jet at 35,000 feet and then propels itself into orbit to deploy a satellite failed on Monday, the Virgin Orbit company said.
HTC billed to release a 5G smartphone later this year; a mid-ranger is in the works too
HTC is all set to make its highly-awaited comeback in July this year with its first-ever 5G smartphone. The company is also working on a mid-range HTC Desire 20 Pro that will come with a Snapdragon 6xx chip, 6GB of RAM, and a triple-camera setup.
Salons in PCMC to reopen with rigid mandates in place
Few of the measures are too extreme, say barbers’ associations
Milan-based AppQuality nabs €3.5 million for its crowd testing platform
Italian startup AppQuality, a crowd testing platform, has announced raising €3.5 million in a round led by P101 SGR and ITA500 (the venture capital fund established by Azimut Libera and managed by P101), alongside Italian Angels for Growth (IAG), and Club Italia Investimenti 2. Founded in 2015, A
Amazon Launches Food Delivery Service With “Amazon Food” In India
Amazon is starting to offer online food delivery, which is called Amazon Food, in Bengaluru.
Green shoots for drought-hit agricultural stocks
With many agricultural firms at multi-year highs it is easy to see why attention is on the sector. But investors must pragmatic about the cyclical challenges.
‘The Young And The Restless’ Star Teases Explosive Future Between Adam And Victor
The Young and the Restless ended its new storylines earlier this spring with Victor dropping some bombshell news on Adam, and the latter didn’t believe his father was telling the truth. Actor ...
Betty Kyallo Opens Up On Getting Another Baby [VIDEO]
The popular anchor, a mother of one daughter, Ivanna, revealed her plan to soon get a second child with...
Gold rates today hikes in Delhi, Chennai, Kolkata, and Mumbai - 25 May 2020
Gold rates today on 25 May 2020: Gold rates have increased by a slight margin on Monday. These gold rates have been on rise after a fall for the last couple of days.
Update: Mr Lee’s Pure Food Co’s Equity Crowdfunding Campaign Surpasses £1.8 Million During the Final Days on Seedrs
Mr Lee’s Pure Foods, a UK-based foodtech that is creating premium health noodles-in-a-cup and soon to be launched instant Congee Asian rice porridges, is now
Two more resource sector raisings out of Canaccord
It's a busy morning for small and microcap resources investors.
Pros and cons of investing in NPS for retirement saving
National Pension System is an investment product to save for retirement. However, among millennials, very few like to invest in such a product with a long lock-in period but this pension scheme has everything an investor looks for in a retirement plan.
HTC’s first 5G phone may debut in July, could be a flagship phone
A recent report had revealed that HTC is working on a mid-range phone called HTC Desire 20 Pro even though it has been encountering losses in its smartphone business. The Taiwanese company is reportedly gearing up to launch its first 5G smartphone in July. It could either be a high-end of a flagship smartphone. The …
UoN to get lion’s share of Sh6.6bn salary raise
Parliament approved the payment in a supplementary budget last month.
Dearly departed: 9 big sedans that simply couldn't survive South Africa
After a mere two years, the Volkswagen Arteon has been discontinued in South Africa. We look at other big sedans that failed to survive here...
Work to repair a huge sinkhole could take six weeks
Work to repair a huge sinkhole on a Black Country road could take up to six weeks.
No complaints from TNS boss Scott Ruscoe over finish
The New Saints chief Scott Ruscoe refused to play the blame game after his side relinquished the Welsh top flight title for the first time in nine years.
We’re evaluating new food trends that gained momentum during lockdown: ITC’s Hemant Malik
Significant uptick in essentials; salience for larger-size packs
130 People Claim to be Jeffrey Epstein's Child to Get Cut of $634M Estate
Previously, it was reported that a Jeffrey Epstein documentary was set to be released via Netflix, and a trailer for the doc surfaced as well. The ...
'South African companies that employ foreigners must not open'
South African opposition party The African Transformation Movement (ATM) says South Africa must impose a strict economic sector regime that will see certain ind...
Angry Neighbor Punishes Ford Mustang Owner With Foam
If you're thinking of buying an aftermarket exhaust then you might want to read this story first. Aaron Rob...
CCL Stock Price: Carnival Corp may kick off the short week on a positive note, reasons
Americans are enjoying the long Memorial Day weekend and may have spare time to plan a longer vacation – perhaps on a cruise ship. Scenes of people cr
Theta Fuel (TFUEL) Records 630% Weekly Gains As Binance To Support Theta Mainnet 2.0 Launch
The leading cryptocurrency exchange by trading volume and users, Binance, will support the upcoming launch of Theta mainnet 2.0 on May 27th. With the
DDGBA extends support to NGBF fact findings on delay of BSL-3
Dimapur District GBs Association (DDGBA) has extended support to Nagaland GBs Federation (NGBF) fact findings on delay of Bio Safety Level-3 (BSL-3) in Dimapur, considering the threat that is being caused by the COVID-19 and also Dimapur being the only commercial hub of the state and gateway to other neighbouring states.
Aya Hachem's body flown home to Lebanon as dad says they came to UK for 'safety'
Ismail Hachem moved with his family from war torn Lebanon 10 years ago to Blackburn in the UK in order to start a new, safer life after he was caught in crossfire and shot in the back
ETRADE Capital Management LLC Purchases New Holdings in Docusign Inc (NASDAQ:DOCU)
ETRADE Capital Management LLC acquired a new stake in Docusign Inc (NASDAQ:DOCU) in the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 5,364 shares of the company’s stock, valued at approximately $496,000. Several other hedge funds and other institutional investors have also added to […]
Greek silversmith Sotirios Voulgaris created the world-famous BVLGARI brand
BVLGARI is a world leading luxury brand known for its fine jewellery, watches, fragrances, accessories and leather goods.
Oppenheimer Asset Management Inc. Has $716,000 Stock Position in Texas Roadhouse Inc (NASDAQ:TXRH)
Oppenheimer Asset Management Inc. lifted its position in Texas Roadhouse Inc (NASDAQ:TXRH) by 14.3% in the first quarter, Holdings Channel.com reports. The institutional investor owned 17,340 shares of the restaurant operator’s stock after purchasing an additional 2,163 shares during the period. Oppenheimer Asset Management Inc.’s holdings in Texas Roadhouse were worth $716,000 as of its […]
TCL Commits To One Major Android OS Update
TCL is promising one major Android OS update. Their current range of phones ships with the current version of the operating system, Android 10. TCL is
How We Made: Airplane!
‘Leslie Nielsen had this machine that made fart noises. He’d let rip while you were filming dialogue with him’
Celsius: Hold On For The Ride
Celsius's potential TAM is massive and should support many years of strong growth. Even with COVID-19 substantially disrupting marketing, the company is still s
Five Below: Growth At A Reasonable Price
Management estimates the market can handle 2,500 stores. At recent prices, there is an opportunity to buy growth at a reasonable price. We see potential for a 2
Now, brokers cannot use PoA to transfer client shares
Equity brokers may no longer be able to misuse client shares lying in demat accounts. From June 1, SEBI has discontinued the use of Power of Attorney (PoA) between a client and broker in the equity ma
Hacker extorts online shops, sells databases if ransom not paid
More than two dozen SQL databases stolen from online shops in various countries are being offered for sale on a public website. In total, the seller provides over 1.5 million rows of records but the damage is likely much larger.
Office supply wholesaler Spicers Ireland is rescued from liquidation
The sale of the business includes the trade and stock and will see Paragon Group take assignment of the lease of the Spicers Ireland depot at Citywest in Dublin. Picture: iStock
Former May Pen mayor Milton Brown has died
Former Mayor of May Pen and councillor for the Mineral Heights division in Clarendon Milton Brown died early Monday morning. Brown had been ill the past few months. He also suffered a massive stroke. Mayor of May Pen Winston...
In Karnataka, Mandatory Quarantine Is Making A Hole In Fliers' Pocket
The seven-day mandatory intitutional quarantine is proving to be a headache for many of those taking flights to Karnataka after resumption of domestic air-travel.
Precious Metals: Panic Buying Is Unsustainable
Herding behavior can sustain rallies, but the extreme in PMs is unsustainable. Gold rallies hardest when it garners the least attention. Physical buying indicat
The Taylor Swift Cover Song On 'Killing Eve' Could Be The Singer's Ultimate Revenge
It seems T-Swift isn't going to go down without a fight. A cover of Taylor Swift's hit single Look What You Made Me Do was featured on Sunday night's latest episode of Killing Eve, however, there may be more to this endeavor than meets the eye. The…
Chelsea: Blowing £150m in the smartest way possible this summer
Chelsea is allegedly sitting on £150 million for transfers this summer. With several spots needing strengthening, how can the Blues spend smartly? The two...
Petrol pumps closed in different areas of Karachi over lack of supply
The pumps have been closed down due to depletion of petrol stocks
Minardi: 'There's a rumor that Mercedes is putting it up for sale'
The F1 world is buzzing with rumours about Mercedes. Not only what the driver duo will look like next year, but also whether there will still be a Mercedes after 2021 is doubtful. Former F1 boss Giancarlo Minardi supports that latest news with more rumours. Mercedes will most likely only continue as an engine supplier.
FBI joins 3-state manhunt for UConn student wanted in string of slayings, home invasion and kidnapping
The FBI has joined the massive search, which is now spanning three states, for a University of Connecticut student believed to be armed with several stolen guns whom police say is connected to two homicides, a kidnapping and a home invasion.
Where college debt is riskiest: graduate degrees
If you take on so much debt for undergrad and grad school and then land a job that doesn’t pay at least an equal amount right out of the gate,...
My partner was deported and I don't know if our sons will ever see him again
We only got half an hour together to say goodbye. Half an hour for Rayan to hold his sons for the last time.
Amphan damages nearly 3 lakh hectares of farmland in Bengal
Cyclone Ampan has dealt a severe blow to the agriculture sector in West Bengal. The storm damaged nearly 3 lakh hectares of farmland in the state. Bengal is now staring at a huge financial loss in
PCCI supports cut in corporate taxes
The Philippine Chamber of Commerce and Industry said it strongly supports the immediate passage of the Corporate Recovery and Tax Incentives for Enterprises Act which was formerly known as the Corporate Income Tax and Incentives Reform Act.
First test launch of Virgin Orbit rocket fails
US News: The first test launch of a rocket that is released from a jumbo jet at 35,000 feet and then propels itself into orbit to deploy a satellite failed on
The tobacco firm that is still making a mint from menthol cigarettes: Bosses are accused of sidestepping ban aimed at stopping children smoking
Mint-flavoured cigarettes, which make up around one in four sales, were banned in Britain last Wednesday amid concerns they were luring young people. JTI launched its new range on the same day.
Virgin Orbit successfully dropped a rocket from a jumbo jet and ignited it, but its launch failed due to an 'anomaly'
Virgin Orbit's first rocket launch failed due to an unexplained problem after it had a "clean release" from the Cosmic Girl jumbo jet.
First test of Virgin Orbit rocket fails to accomplish goal
The first test launch of a rocket that is released from a jumbo jet at 35,000 feet and then propels itself into orbit to deploy a satellite failed on Monday, the Virgin Orbit company said.
Why I faked my death, by househelp - The Nation Nigeria
A 19-year-old, Margaret Ikumu, whose family raised the alarm over her supposed death and secret burial, has told police that she faked ....
VW Finds Another Way To Copy Tesla
Like Tesla, Volkswagen sees electric vehicles as the future of private mass transportation. Internal combus...
A Contrarian View On JetBlue
JBLU has been more than cut in half from its 2020 highs. However, any recovery looks to be quite slow. And the valuation is pricing in a lot of earnings that ar
FBI, 3 States in Massive Manhunt for UConn Student Wanted for Murder
The FBI has joined three states in a manhunt for a student who police say committed two homicides, a home invasion, and a kidnapping.
‘Bharti Telecom to sell 2.75% stake in Airtel to raise $1 billion’
The block deal will be conducted by JP Morgan India at around Rs 558 per share, close to 6 per cent discount to the closing price of Rs 593.20 on May 22 on the NSE.
Branson's Virgin Orbit rocket fails on first launch attempt
The first test launch of a rocket that is released from a jumbo jet at 35,000 feet and then propels itself into orbit to deploy a satellite failed on Monday, the Virgin Orbit company said.
Godrej CEO: Focus to be on driving growth as margins are quite reasonable
Till February, the company witnessed an industry-leading 5% year-to-date volume growth. However, the spread of the virus and the eventual lockdown in many geographies of our operations resulted in zero sales in the last 10 days of March.
Ontario used auto dealers expect tough year ahead, prices already down
TORONTO — Used car dealers in Ontario are starting to recover from the near total shutdown in April, but a survey released Monday suggests they expect sales and prices to be under pressure for the year as economic uncertainty clouds the market.
Muslim family fed others every day while fasting for Ramadan
Hamza Deib’s family was forced to close its restaurants when business dropped by 90 percent during the coronavirus pandemic — but that didn’t mean they stopped serving others. Deib,
Only a few hedge funds made money in March and April. Here's how.
Successful funds exhibited similar traits: an ability to trade across different geographies or asset classes and a hyper-vigilance towards monitoring positions.
Virgin Orbit successfully dropped a rocket from a jumbo jet and ignited it, but its launch failed due to an ‘anomaly’
After postponing its long-awaited rocket launch by a day, Virgin Orbit’s LauncherOne rocket had a successful release from a jumbo jet.
Virgin Orbit successfully dropped a rocket from a jumbo jet and ignited it, but its launch failed due to an 'anomaly'
Virgin Orbit's first rocket launch failed due to an unexplained problem after it had a "clean release" from the Cosmic Girl jumbo jet.