Economy 986
Tiger Woods' game, Tom Brady's wild ride, Phil Mickelson's antics and Peyton Manning's interest made for a fun day of golf
Tiger Woods, Peyton Manning, Tom Brady and Phil Mickelson put on a good show, with the help of some antics, Justin Thomas' debut as an announcer and the possibility that this is just the beginning.
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.
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.
California Reopens In-Store Retail Shopping as COVID-19 Restrictions Loosen
Individual counties' public health departments have the final say on whether the change can be implemented in their areas.
Delta to provide passengers with hygiene kits
The complimentary “care kits” consist of a face mask, sanitiser gel pouches and an information card…
Top 5 Things to Know in the Market on Monday, May 25th
Top 5 Things to Know in the Market on Monday, May 25th
Montreal retailers reopening, with distancing measures in place
Mask-wearing, Plexiglas barriers, frequent disinfecting and no-touch browsing are some of the measures being put in place by retailers as Quebec eases measures to contain the spread of COVID-19.
M&M organises service support for its vehicles on essential services
Also comes up with finance schemes for frontline staff
Moody’s: Pressure keeps rising for Apac companies as coronavirus impact becomes clearer
KUALA LUMPUR, May 25 — Moody’s Investors Service said about 22 per cent of 476 rated non-financial companies in Asia Pacific (Apac) have high exposure to coronavirus disruptions, up from 20 per cent in March, as the effects of the pandemic on companies’ credit quality have...
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
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.
Stock, commodity, bond, forex markets closed today for Eid ul Fitr; to resume trading tomorrow
Wholesale commodity markets, including metal and bullion, will also remain shut
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
Iranian fuel tanker docks in Venezuelan port, more underway
VALENCIA (Venezuela), May 25 — The first of five Iranian tankers carrying fuel to Venezuela has moored at a port serving the South American country’s El Palito refinery, the nation’s oil minister said today, and Refinitiv Eikon data showed a second vessel had entered its waters. Iran is...
WHO announces it will temporarily suspend hydroxychloroquine trials for COVID-19 treatment
The study's steering committee met over the weekend, agreeing to suspend enrollment while gathering data about the safety and efficacy of the drug.
Several schools closed down in Seoul, South Korea, after 6-year-old is infected with coronavirus
As the news spread of the 6-year-old boy’s illness, fear quickly emerged among parents with young children, just two days ahead of the planned second-phase...
Beijing says it will unilaterally impose national laws in Hong Kong 'without delay' as thousands take to the streets in protest, Business Insider - Business Insider Singapore
Business Insider - Critics worry that the new laws could hurt Hong Kong's independence and the city's position as a financial center.. Read more at businessinsider.sg
Volkswagen loses landmark German case as diesel owners stand to receive damages
The ‘dieselgate’ scandal has so far cost Volkswagen more than $32.7 billion in damages and regulatory fines
Rolls-Royce increases price-cuts pressure on suppliers
Big equipment makers turn to strained supply chain for savings
1,396 Shares in Mercadolibre Inc (NASDAQ:MELI) Purchased by Fiera Capital Corp
Fiera Capital Corp acquired a new stake in Mercadolibre Inc (NASDAQ:MELI) in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 1,396 shares of the company’s stock, valued at approximately $682,000. A number of other hedge funds also recently modified their holdings of the […]
Russia records its highest daily death toll from the coronavirus as its number of new cases appears to decline, Business Insider - Business Insider Singapore
Business Insider - Russia denies that it has manipulated coronavirus data and maintains that its mortality rate from the virus is among the lowest in the world.. Read more at businessinsider.sg
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.
Amazon sale drops the price of a Kindle to $60
Amazon's standard Kindle has been discounted to $60 in its latest sale.
35,000 who had been recieving Pandemic Unemployment Payment returned to work last week
Assistant Secretary General at the Department of Taoiseach Liz Canavan said that while 579,000 people remain on the €350 per-week payment introduced at the beginning of the outbreak, 35,900 returned to work in the last week.
Early Learning Coalition of Hillsborough County wants to help first responders with child care
Firefighters, police officers, paramedics, nurses and dispatchers can all apply to receive help for the next 3 months.
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.
Slump in consumption, exports push Germany into recession in Q1
The Federal Statistics Office said capital investments fell by 6.9 percent, private consumption by 3.2 percent and exports by 3.1 percent between January and March compared with the last three months of 2019.
Government allows private jets, charter flights on domestic routes
India Business News: The ultra rich can once again jet around the country in their luxury private or charter aircraft. The aviation ministry from Monday allowed domestic a
Coronavirus impact: IDFC First Bank's senior management to take 10% pay cut
The bank's chief executive officer (CEO) V Vaidyanathan is taking a 30 per cent cut, including fixed and allowances
Republicans sue California Gov. Newsom over his executive order to allow mail-in voting for the November election
In a lawsuit filed on Sunday, Republican groups called Newsom's executive order to allow mail-in voting a "brazen power grab."
Days of Play PS4 Sale - All Discounts on PS4 Games, PS Plus, PSVR, and More
All Days of Play offers so far
Ryanair brings legal challenge over social welfare appeal
Ryanair has gone to court in a bid to set aside a decision of an appeals commissioner in a social welfare appeal to refuse the airline permission to cross-examine certain witnesses.
EU eyes first face-to-face summit in months to haggle over budget
European Commission to propose blueprint for € 1tn multiannual financial framework
Biden set to make risky economic argument against Trump
Joe Biden is taking on President Trump over the economy.
India looks to store cheap oil in United States: Oil minister
India is looking at storing some low priced U.S. oil in facilities there as its local storage is full, oil minister Dharmendra Pradhan told CNBC TV18 news channel. India's plan could be similar to a
Trump marks Memorial Day by defending his weekend of golfing as the US coronavirus death toll creeps toward 100,000, Business Insider - Business Insider Singapore
Business Insider - Trump frequently criticized Obama for golfing while he was in the White House, but has not held himself to the same standard as president.. Read more at businessinsider.sg
Justice sector budget cuts ‘will negatively impact SA’s corruption fighters’
The department further expects a budget cut to hinder Legal Aid SA's ability provide legal representation for the indigent and vulnerable citizens.
Ohio governor urges people to wear face masks: ‘This is not about politics’
“This is one time when we truly are all in this together. What we do directly impacts others,” says Gov. Mike DeWine.
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
Volkswagen agrees to compensate tens of thousands of German motorists
Leipzig court ruling opens door to claims from at least 60,000 car owners
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.
VW loses landmark German case as diesel owners stand to receive damages
A German federal court judge ruled that Volkswagen has to pay compensation to motorists who purchased vehicles with manipulated diesel engines, a ...
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.
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
Industry insider reveals the true impact of the lockdown on the South African travel industry
An industry insider has provided real-world facts and figures on the impact of the extended lockdown on the South African travel and tourism industry.
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.
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
Hulbert: My stock market forecast for June is likely wrong — but watch out for August
The March lows of the coronavirus crash could still be tested, writes Mark Hulbert.
GBP/USD: All ears to the ground for Brexit themes ahead of June 30
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
Oliver Mangan: In the absence of a vaccine, economies are going to need all the help they can get
Survey data that are beginning to come through on the main economies for May warrant careful interpretation.
ITC to acquire spices maker Sunrise Foods
The company on May 23 entered into a Share Purchase Agreement to acquire 100% of the equity share capital of Sunrise Foods Private Limited.
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 ...
Kaya: Radhakishan Damani picks up 1.11% stake, Porinju Veliyath raises shareholding to 1.14%
Another well-known investor Porinju Veliyath, through his fund management firm Equity Intelligence India, also held stake in Kaya.
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"...
India among 10 worst-affected COVID-19 countries; surpasses Iran as tally rises to 1.38 lakh
Coronavirus updates: Maharashtra breached the 50,000-mark on Monday. The state has 50,231 COVID-19 cases, with its capital Mumbai figuring among the world's worst-hit cities. As per BMC, Mumbai alone has 30,359 coronavirus patients.
'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.
Veterans' unemployment during coronavirus outpaces rest of US
As states continue to slowly ease coronavirus-related restrictions and reopen their economies, millions continue to be impacted by job losses, particularly veterans.
El-Rufai: Parents who enroll children into almajiri system may be jailed
Nasir el-Rufai, governor of Kaduna, says has warned parents who enroll their children into the almajiri system that they may end in jail. He gave the warning on Monday when
The workers that make your food put their lives on the line during pandemic. Whether they're protected now is up to you., Business Insider - Business Insider Singapore
Business Insider - The American food supply chain relies on people working low-paying jobs that put them at risk for harassment, injury, and even death.. Read more at businessinsider.sg
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.
Venkaiah Naidu reviews preparedness for holding regular Parliament panel meetings
With air and rail travel starting in a graded manner, Rajya Sabha Chairman M Venkaiah Naidu reviewed the preparedness of the secretariats of both Houses of Parliament for regular meetings of departmen
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 […]
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% […]
Domestic flight services resume in India after 2 months amid 630 cancellations
India Business News: Domestic passenger flights resumed in India after a gap of two months. The Delhi airport saw its first departure at 4.45 am to Pune while Mumbai airpo
Foxtel left floundering by streaming rivals
Roy Morgan has released new data showing explosive growth across Australia’s subscription television market from all providers except Foxtel:
At 93, I will never change in my position on Equity, Justice, Fairness – Clark
ABUJA - FORMER Federal Commissioner for Information, Chief Edwin Clark who turned 93 years yesterday, vowed that he will not c
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.
Coronavirus pandemic | Lockdown extended in Himachal Pradesh's Hamirpur, Solan districts till June 30
Hamirpur has reported the highest number of COVID-19 cases at 63 while 21 people have tested positive for the infection in Solan till now
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
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
Fujifilm India launches X-T4 mirrorless camera for multimedia professionals
The new Fujifilm X-T4 mirriorless camera features in-body image stabilisation (IBIS), new PDAF Algorithm, fastest ever autofocus performance in the series, and more
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. […]
UQ runs scared as CCP links exposed
There’s an old saying: “When you are in a hole, stop digging”.
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
Economists See China Holding Stimulus in Check Amid Uncertainty
(Bloomberg) — Economists broke down China’s annual policy-document dump and concluded that Beijing is holding stimulus measures in reserve in case the global impact of the coronavirus pandemic worsens significantly.
Gold Price Analysis: Trades with modest losses, downside seems limited
Gold traded with a mild negative bias through the mid-European session amid the prevalent risk-on mood, albeit has managed to defend the $1722 horizon
10-year-old girl drowns after struggling in the current near Siesta Key Beach
Deputies have identified the young girl who drowned after struggling in the current near Siesta Key Beach on Sunday night.
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...
Flight resumption paves way for Parliamentary committee meetings in June
Monsoon session of Parliament likely to be on schedule, though social distancing challenges remain
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
Pandemic delivers R943m revenue blow to Netcare
Costs for PPE escalate to R850m as group bolsters its supply ahead of virus peak.
Chelsea put €35m price-tag on influential figure amid interest from Euro giants
Will touted demands be met to seal exit?
Global engines fire up again, Europe makes steady start
Europe, despite reeling under the pandemic, is steadily opening up.
Las Vegas, travel industry in uncharted territory amid pandemic
Airlines and airports are taking steps to convince the traveling public that flying is no more dangerous than going to the grocery store.
Telstra powers up 5G footprint as new spectrum comes into picture
Telstra is running ahead of schedule on building out its 5G network, with the telco saying it has extended its coverage to 47 cities across Australia.
Health products get a boost as desis look to build immunity
India Business News: As the coronavirus pandemic rages, health has become an important element even in food and grocery items. Indians are warming up to the idea of buildi
Punjab: Without salary since January, PU contractual staff left in the lurch
The employees, who include plumbers, maintenance workers, and helpers employed to work in hostels and administrative offices of the university, have been shuttling between contractors and university officials, but to no avail.
Russia records its highest daily death toll from the coronavirus as its number of new cases appears to decline
Russia denies that it has manipulated coronavirus data and maintains that its mortality rate from the virus is among the lowest in the world.
Only a Few Hedge Funds Made Money in March and April. Here’s How
Father-of-six Nicolas Bryon didn’t get much sleep in March but it wasn’t family duties keeping him up. As global markets crashed, the Sydney-based hedge-fund manager rose every hour to check on his positions and execute trades.
Horgan welcomes news Ottawa will be pursuing paid sick leave
B.C. Premier John Horgan is applauding news that the federal government is looking at ensuring 10 days of paid sick leave for workers.The premier has been advocating for a national sick-leave program. . .
Trump’s And Biden’s Memorial Day Events Highlight Starkly Different Campaign Tones
The president’s raucous Baltimore visit coincided with the former vice president’s somber wreath laying.
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.
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
Ryanair goes to court over conduct of social welfare appeal
Airline claims it was refused leave by appeals commissioner to cross examine witnesses
COVID-19 raises posers over business interruption underwriting
FOLLOWING the lockdown across the country on the backdrop of the coronavirus, COVID-19, pandemic which crippled econo
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.
Salons may reopen soon, but health measures must be in place
Barbershop and salon employees show that they can safely cut hair by wearing protective wear. The government, however, is still assessing the risks.
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
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
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.
‘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.
Dawn Meats reopens plant supplying McDonalds burgers
Production resumes in Waterford after 10 weeks as fast food group starts phased reopening of outlets
Coronavirus hits South Africa’s plans for land expropriation
The plan to amend section 25 of South Africa’s Constitution to allow for land expropriation without compensation has been put on hold due to the ongoing coronavirus lockdown.
Why choose a business course? Creativity, teamwork alongside enterprise
Consider average class size, work experience, project work when choosing your course
India sharply cuts exposure to US govt securities to $156.5 billion in March
In April last year, the same stood at $155.3 billion, according to data from the US Treasury Department.
Trump restricts travel from Brazil as its number of coronavirus cases spike
President Donald Trump's order, set to take effect Tuesday applies to noncitizens who were in Brazil within 14 days of trying to enter the US.
Over 500 flights take off, but states create plane confusion at airports
Maharashtra clears air, says short-term visitors exempt from isolation
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.
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.
Gold Price News and Forecast: XAU/USD mildly heavy below $1,750, looks to US-China tension for clues
Gold prices drop to $1,731, print 0.20% loss, intraday low of $1,730.37, by the press time of Tokyo open on Monday. Although fresh risk-off sentiment,
Galaxy A31 to Launch in India on June 4: Expected Price, Design & Specs
Samsung will soon bring its all-new Galaxy A31 smartphone to the Indian market. Here is everything you need to know about the phone from specs to design.
DPIIT to seek nod for startup credit scheme, seed fund
Since the launch of the Startup India initiative on January 16, 2016, the DPIIT has recognised 28,979 startups as of March 1, 2020. Of these, 27,137 startups employed around 337,000 people.
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.
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.
El-Rufai blows hot, says parents who enroll children into Almajiri system will be jailed
Kaduna state governor, Mallam Nasir El-Rufai, on May 25, sent a warning message to parents who enroll their children into the Almajiri system in the state.
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
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.
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.
UNILAG centre seeks investment in housing
With housing taking a focal point in response to CoVID-19 pandemic, the Centre for Housing and Sustainable Development (CHSD), University of Lagos has advised the Federal Government to ensure investment in short-term housing.
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
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
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
Wanted: Leaders who can bounce from crises
India Business News: Resilience has emerged as the most important trait in a leader steering an organisation. The last two months of uncertainty, brought on by the coronav
Beximco exports 6.5 million PPE gowns to US
Beximco Group has exported 6.5 million personal protective equipment or PPE gowns to US brand Hanes for delivery to the Federal Emergency Management Agency, or FEMA.
Oil price rebound improves investors’ patronage, lifts index by 5.59%
The rebalancing in the oil market, which has resulted in a 94 per cent rebound in crude prices, added to enhanced institutional investors’ patronage in the Nigerian bourse buoyed equities transactions last week, as the All-Share Index...
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
Michigan Gov. Whitmer Says She Self-Censors Comments About Trump to Continue Receiving Federal Funds
Recently, the Democratic governor has been repeatedly criticized by US President Donald Trump and his supporters over her insistence that any lifting of the COVID-19...
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.
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
ARA: ‘Retailers Need More Flexible Trading Hours’
The Australian Retailers Association (ARA) is calling for greater flexibility when it comes to trading hours and penalty rates, in order to support the retail sector as it begins to recover from the COVID-19 lockdowns.
CEO buys ailing New Zealand media giant Stuff Limited for one dollar
Boucher joined as a reporter in 1993 and has spent most of her career at the company
Gold Price News and Forecast: XAU/USD down by $6 in Asia, weekly chart shows bullish trend exhaustion
Gold, a safe-haven asset, is flashing red at press time even though the growth-linked currencies like the Aussie dollar are struggling to gain altitud
Ontario used auto dealers expect tough year ahead, prices already down
A new survey of Ontario used auto dealerships shows the market is already under pressure with more pain likely to come.
A GST cut can put auto sales on fast track to revival
The question is whether there will be adequate demand and, more importantly, what the government can do to encourage sales. Mint takes a look
Amphan cyclone: IRDAI asks insurers to hasten settlement of claims
The Insurance Regulatory and Development Authority of India (IRDAI) has directed insurers to hasten settlement of claims pertaining to the cyclone Amphan. In a circular, it said there were reports of
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
California opens places of worship, in-store retail businesses -health officials
California retail with in-store shopping and places of worship that were closed under one of the most restrictive coronavirus containment rules in the United States may now open, health authorities announced on Monday.
Gold Price News and Forecast: XAU/USD - Great Recession vs. 2020 coronavirus crisis
The gold futures contract gained 0.79% on Friday as it slightly retraced Thursday decline of 1.7%. On Thursday it extended a downward correction from
More than 1,000 pubs have an interest in FBD ‘test case’, court told
Dispute centres on whether insurers should pay for pubs’ losses over Covid-19 shutdown
Business stands behind government efforts to ease restrictions
Organised business says economic recovery will require innovation and swift action.
Eight billion internet records of millions of users in Thailand leaked
The database, containing DNS queries and Netflow data, was lying on the internet without a password
More time needed to open up air travel in Maharashtra: Uddhav Thackeray
Lockdown cannot be lifted abruptly, next 15 days crucial, says CM
36% liquor stores back in business in Mumbai
At the epicentre of coronavirus infections in the country, Mumbai has disallowed counter sales of liquor to avoid big crowds outside beer and wine shops. It was also one of the last districts to permit home deliveries of liquor.
Eid movement restrictions reported in Al Quoz and Dubai Investment Park
Healthcare professional confirms circular, sources also report road closures
Tata Motors' JLR seeks COVID-19 support package in UK: Reports
Tata Motors owned Jaguar Land Rover (JLR) is said to be in talks with the UK government for an estimated one-billion pounds support package to tide through the coronavirus pandemic, according to British media reports.
Patient escapes SVP, returns after testing +ve
Ellisbridge cops file complaint against Sarkhej resident for endangering lives; SVP submits report to higher-ups
European consumers stockpile savings, adding to economic drag
Bank deposits surge as households seek to shield themselves from impact of coronavirus
Lufthansa, German government agree on rescue package: dpa
The German government and the management of flagship carrier Lufthansa , which has been hit hard by the coronavirus pandemic, have reached an ...
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 […]
Villas-Boas returns as Marseille coach for 2020/21 season
Andre Villas-Boas will return as Marseille coach for next season, the club announced on Monday, despite widespread reports the Portuguese was set to leave after just one year in charge. "After s...
Hyundai, Ford set to resume car exports
Lockdown impacted carmakers’ shipments
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
Samklef: Nigerians wise up… US artistes only interested in us for retweets
Samuel Oguachuba, Nigerian music producer better known as Samklef, has taken a swipe at American artistes for pretending to care about Africans.
‘I don’t regret what I did’: Dominic Cummings defends 260-mile car trip during coronavirus lockdown
Dominic Cummings, U.K. Prime Minister Boris Johnson’s most senior adviser, said he has not offered to resign as he explained his actions during lockdown
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.
Five business groups urge Ontario to halt commercial evictions during pandemic
Ontario Premier Doug Ford has previously declined to freeze commercial evictions
A second immigrant has died from COVID-19 while in ICE custody, Business Insider - Business Insider Singapore
Business Insider - Santiago Baten-Oxlag, an immigrant in custody of the US Immigrations and Customs Enforcement agency, died from COVID-19 on Sunday.. Read more at businessinsider.sg
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
‘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.
Physical EGM by SBI contradicting rationale behind lockdown, says IiAS
In a report, IiAS said the bank “is compelled to hold a physical EGM in June, contradicting the rationale behind national lockdowns to contain the spread of Covid-19.”
Five business groups urge Ford to halt commercial evictions amid COVID-19
Five businesses groups are calling on the Ontario government to impose a commercial eviction moratorium during the COVID-19 pandemic.
Forget panic buying, panic driving is next virus fad
The challenge of getting to work using the traditional means of public transport creates a dilemma.
This Week: New home sales, US GDP, consumer spending
A look at some of the key business events and economic indicators upcoming this week:
Post-coronavirus: Relocate dry dock to open up Niger Delta economy, PANDEF, UNDEDSS task FG
The groups said the dry dock had been lying unused and should be relocated to the Niger Delta, to open up the economy of the region
IL&FS invites EoI for 26% in Tripura power plant, sources say ONGC may bid
IL&FS engages Arpwood Capital and JM Financial for deal; project cost entails debt of Rs 3,035 cr and equity investment of Rs 10,118 cr
CUNY teachers face ax as $115M in coronavirus budget cuts loom
City University colleges are rolling out plans to slash their adjunct teaching staffs as the system faces a nearly $150 million cut in aid thanks to the coronavirus budget crises at City Hall and in
Reports: Hundreds of Russian, Syrian Fighters Retreat from Libyan Capital
Over 1,000 Russian and Syrian mercenary fighters in Libya retreated from Tripoli's frontlines to a town south of the capital.
Fear of airline bankruptcies triggered knee-jerk opening; but states not playing ball
Aviation Minister Hardeep Singh Puri's plea for 'cooperative federalism' shows that Centre anticipated some resistance to reopening domestic flights; they why were flights restarted without consulting the states?
QF member’s fast track-research funding program boosts Qatar’s fight against COVID-19
Research projects designed to help children with Autism learn from home, enforce quarantine measures, and safeguard the mental health of healthcare workers are among those to be supported through a new, streamlined funding call launched by Qatar National Research Fund to help Qatar combat COVID-19.
Uddhav Thackeray vs Piyush Goyal: War of words erupts between Maharashtra CM, Railways minister over Shramik trains
In his address to the state on May 24, Maharashtra Chief Minister Uddhav Thackeray said that while he had demanded 80 special trains per day for the state to ferry migrants home, it was getting only 40.
Workplace bullying costs economy €239m per year
NUI Galway study finds that bullying is more prevalent in public sector than the private
Bayer, Lufthansa drive gains in Europe amid holiday-thinned trading
European stocks rose to kick off the week on Monday, albeit with the action thinned by holidays in the U.K. and the U.S.
Reg A+: Groundfloor Seeks Up to $10 Million in Series B Funding Round
Groundfloor is turning to SeedInvest to raise additional growth capital. Groundfloor has posted an offering page for indications of interest and, as
Business leaders urge caution on return-to-workplace approach
SOME business leaders are urging companies to examine their individual situation, and hav...
Australia’s international trade took a dive in April
The ABS has released preliminary international trade data for April, which has registered solid falls in both imports and exports:
Man Utd’s huge price-tag for Pogba set to fend off Juventus but quartet still linked with swap deal
Will a return to Turin be taken off the table?
Andrew Liveras doesn’t know what he’s up against
He’s getting some nice press though:
Survey: 44% Of Nonprofits Anticipate Further Staff Cuts Due To Coronavirus
A new survey of more than 750 nonprofits around the U. S. finds that 18% of nonprofit staff has been furloughed or laid off already — and 44% of respondents anticipate even more layoffs to come.
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.
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.
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.
Japan will aim to shore up travel demand from late July
The government will carry out support measures to shore up demand in the travel and restaurant industries hit hard by the coronavirus pandemic, starting la
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.
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
Asian shares tick up, eyes on China-US trade relations
Asian shares started cautiously on Monday as central bank largesse globally boosted sentiment but rising trade tensions between the world's two ...
Forget panic buying, panic driving is next virus fad
The challenge of getting to work using the traditional means of public transport creates a dilemma.
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
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
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.
Vermilion Energy CEO’s departure signals return to conservative roots
Return of co-founder as executive chairman comes with greater focus on balance sheet
Moody's revises outlook on Adani Abbot Point Terminal's rating to stable
AAPT is part of an obligor group that has economic ownership of the Abbot Point Coal Terminal in North Queensland under a 99-year lease with the state-owned lessor
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.
OMCs’ profits seen diving 88% to Rs 3,600 crore in FY20
Analysts expect these firms’ profits to remain lower than FY19 levels, in both FY21 and FY22, due to muted marketing margins and stagnant volumes.
Dutch court rejects attempt to stop 5G rollout over health concerns
AMSTERDAM: A court in the Netherlands on Monday rejected a suit brought by a group seeking to halt the country's 5G telecommunications network ...
Govt's wheat procurement surpasses last year's level of 34.1 million tonnes despite COVID-19 hurdles
Wheat procurement target has been set at 40.7MT for the 2020-21 marketing year. Although the wheat marketing year runs from April-March, the bulk of procurement is normally done in the first three months.
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
ASX to open higher, $A steady
Australian shares are poised to advance, extending Monday's surge. German shares lift on Lufthansa rescue.
French carmaker Renault could close plants and cut jobs, says union
PARIS, May 25 — French carmaker Renault could unveil job cuts and plants closures on Thursday as the company looks to save €2 billion (US$2.2 billion) in costs, a representative for far-left union CGT said today. Renault has called for a meeting with unions on Thursday regarding its cost-saving...
Joe Biden forced to make his fundraisers fully virtual – bar the price tag
The pandemic has led the presumptive Democratic nominee, like other politicians to take his high-dollar events onlineThe coronavirus pandemic may have driven Joe Biden into his basement and forced his campaign online, but one crucial factor is still the same: his run for the White House still needs to
Okowa not chairman NEC sub-committee on COVID-19 economic growth – DTSG
Mr. Olisa Ifeajika, Chief Press Secretary to Gov. Ifeanyi Okowa of Delta, has debunked media reports that the governor has been appointed
You’re getting used to masks. Will you wear a face shield?
The clear plastic guards may be easier to wear, disinfect and reuse than cloth or surgical face coverings, although they don’t entirely replace the need for masks.
All markets, fairs reopening in Kyiv May 25
Access to open-air sports and playgrounds will be allowed the same day.
Fine Gael TDs want economic ‘realism’, Coveney told
Tanaiste Simon Coveney has been told by Fine Gael figures that there must be “realism” and prudence in any economic plans after the Covid-19 pandemic.
Tech revolution: Human touch will be irreplaceable in financial services
With the help of technology and greater access to content Indian financial markets are moving from a push market to a pull market.
Get ready for an immigration boom
The stars are aligning for a massive increase of immigration once the COVID-19 lockdown ends.
Last-minute cancellations cause chaos as air travel resumes
India Business News: Domestic air travel had a bumpy take-off on its comeback on Monday after two months of being grounded, thanks to an already sanitised first-day sched
Indian Tea Association estimates Rs 2,100-cr revenue loss for tea industry in Assam, West Bengal during Mar-May
The association said that in these two states, the total loss of production during the three months will likely be 140 million kg. Based on last year's North India auction prices, the estimated revenue loss will be Rs 2,100 crore, ITA said.
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
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.
Gold Down Over Escalating U.S.-China Tensions
Gold Down Over Escalating U.S.-China Tensions
Tax Attorneys Fight Covid-19 Stay-Home Order In Idaho
Donald “Mac” MacPherson is the most colorful tax attorney I have ever covered.
State has been a huge let-down
A minimalist state is all very well, but what about providing services such as health and education?
Boris Johnson's decision to back his own top aide who broke lockdown rules means 'more people will die' from the coronavirus, according to one of his own scientific advisers, Business Insider - Business Insider Singapore
Business Insider - Professor Stephen Reicher said Boris Johnson had "trashed" his own government's advice on the nationwide coronavirus lockdown.. Read more at businessinsider.sg
UCD rules out fees refund sought by students due to Covid-19 ‘disruption’
Hundreds of international students seek partial rebate due to impact on experience
Child drowns after struggling in the current near Siesta Key Beach
A child drowned after getting caught in the current off Siesta Key Beach.
£150k boost for Mail Force as Sky TV boss helps PPE charity fund soar to £8.9million
Jeremy Darroch (pictured middle) has donated £50,000 of his own cash while £100,000 has come from the broadcaster.
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
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
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...
Universal basic income – an idea whose time has come
‘There’s nothing more powerful than an idea whose time has come,’ said Victor Hugo. This quote helps us understand the growing calls from all spheres of society worldwide for the introduction of a universal basic income (also known as a basic income grant).
Migrants walk through 'hell' to reach 'heaven' in Bihar but stare at uncertain future
Hungry and exhausted, these migrant workers are arriving at Sonathu and other villages in Bihar's Aurangabad district from places as far-off as Surat, Mumbai, Delhi, Jaipur and Chennai every day, carrying tales of trauma and tribulation.
Alphabet's drone delivery service Wing has made 'thousands' of deliveries in Australia during the pandemic
Drone delivery service Wing has seen an uptick in use during the coronavirus pandemic.
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.
Stock Market Boost: Unemployment Outlook Shifts To Positive
The unemployment trend, no longer rising, now looks ready to decline
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
Joe Biden made his first appearance outside his home in 2 months to honor Memorial Day at a veterans park in Delaware, Business Insider - Business Insider Singapore
Business Insider - Biden and his wife, Jill, wore black face masks in their first public appearance during the coronavirus pandemic.. Read more at businessinsider.sg
ThomasLloyd, BioPower turn over mobile swabbing unit to Bacolod
Bacolod City received its second mobile swabbing unit as the city implements innovative efforts to provide safe and efficient COVID-19 testing in the region.
ILO expresses deep concern at ‘suspension’ of labour laws
Appeals to Modi to uphold international commitments
Air New Zealand sees annual underlying loss due to coronavirus
Air New Zealand Ltd said on Tuesday it would report an underlying loss in the financial year ending June 30 due to the coronavirus pandemic, but had slashed costs to the extent it had not yet needed to draw down on a government loan.
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.
Rally likely in oil prices but upside may be capped on uncertain demand outlook
We expect Nymex Crude prices to face stiff resistance around $40-$42 per barrel. We expect prices to average near $28 per barrel during the year.
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...
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.
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 effect of GDPR two years on
Today marks the second anniversary of the introduction of the EU's General Data Protection Regulation (GDPR).
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.
Mexican auto industry groups urge Puebla state to allow operations to restart
MEXICO CITY — Mexican auto industry groups on Sunday urged the governor of the state of Puebla to allow a gradual restart of operations after economic activity was curbed to contain the spread of the novel coronavirus.
Air Canada, Transat deal faces intense EU antitrust scrutiny
Air Canada's bid for Canadian tour operator Transat AT Inc may result in higher prices and less choice for flights between Europe and Canada, EU ...
Air Canada CEO’s compensation cut by more than half to $5.8 million due to COVID-19
Calin Rovinescu was on track to receive around $12.9 million in total compensation last year
Lufthansa state rescue deal agreed in principle, say sources
FRANKFURT AM MAIN, May 25 — Coronavirus-stricken German airline group Lufthansa has agreed in principle a nine-billion-euro (US$9.8 billion) rescue deal that would see the government come onboard as a shareholder, sources told AFP today. With mangers and ministers in agreement, Lufthansa’s...
‘We don’t want to wait’: Sukazi says as he edges closer to buying Celtic status
Tim Sukazi has been in negotiations with owner Max Tshabalala since January over the purchase in a bid to make his TS Galaxy side a top-flight outfit.
Coronavirus impact: Tata Group top rung to take 20% pay cut
Coronavirus crisis: TCS, Tata Group's most profitable company was the first to announce a pay cut for its CEO Rajesh Gopinathan. Indian Hotels said that its senior leadership would contribute a percentage of their salary this quarter to help the company
Cape Town based online retailer gets R100 million investment
Cape Town based e-commerce fashion retailer RunwaySale says it has received an investment of R100 million from international private equity firm, SPEAR Capital.
BDO tops initial list of top taxpayers in 2019
A subsidiary of embattled ABS-CBN also makes it to the initial list of the top 500 taxpayers
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
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
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.
Coronavirus update: Delhi private hospitals to reserve 20% beds for COVID-19 cases
The Delhi Chief Minister also said that coronavirus cases in Delhi have increased due to the relaxation in lockdown
Top-earning public officials should cut their pay amid NY’s fiscal crisis
New York’s top officials have talked a lot about “shared sacrifice” in recent weeks. How about leading by example? Common Cause New York suggests state legislators forgo half their pay since
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.
Hundreds of Gold Coast homes experiencing power outage
Hundreds of Gold Coast homes are without power this morning, after an outage towards the southern end of the coast. Over 1,300 residences have been affected, across the suburbs of Burleigh Heads…
FBD plans to ask court to delay cases taken by most publicans
Insurer FBD says it intends to ask judges at the Commercial Court not to hear additional legal actions taken against it by publicans who say their cover is not being honoured, until a case now underway is decided one way or another.
UK bailout schemes could create coronavirus debt trap, warn banks
Fear businesses could face paying billions in loans just as they try to recover from pandemic
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
Wheat procurement surpasses last year's level of 34.1 MT despite hurdles
Wheat procurement target has been set at 40.7 million tonnes (MT) for the 2020-21 marketing year
If states want UP migrant workers back, they have to seek permission: CM Yogi Adityanath
As per feedback received from migrant workers who reached Uttar Pradesh, Adityanath said safeguarding their rights should get utmost attention and importance.
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
Heat wave drives Delhi’s peak power demand to season high of 5,268 MW
Expected to touch last year’s peak of 7,409 MW by July: Tata Power-DDL
As A Business Man, I May Start Cultivating A Weed Farm Soon – Stonebwoy Reveals
Multiple Award-winning Dancehall artiste, Stonebwoy has disclosed his intentions of going into weed farming after the government of Ghana legalised it recently.
Germany stamps authority on Lufthansa with $9.8 billion lifeline
Germany stamps authority on Lufthansa with $9.8 billion lifeline
Labour Laws: Legal hurdles, trade union opposition force some states to pull back major changes
The move also comes close on the heels of the Madhya Pradesh government last week amending its proposed changes to labour laws, citing the need for legal consent before workers are asked to work overtime.
Coronavirus Live Tracker: India records highest ever spike of 6,977 COVID-19 cases, 154 deaths in 24 hours
Coronavirus (COVID-19) Tracker India
Euro giants prepared to axe €25m+ ace to finance permanent deal for Arsenal loanee
Strategy outlined, Gunners could have decision to make...
Joe Biden made his first appearance outside of his home in two months to honor Memorial Day at a veterans park in Delaware
Presumptive Democratic presidential nominee Joe Biden made a public appearance outside of his home for the first time in over two months on Monday to observe Memorial Day at a veterans park in Delaware.
Weekly S&P 500 ChartStorm - Downgrades, Dividends, Buybacks
This week we take stock of the uneasy landscape with downgrades, delayed payments, and yet massive monetary easing. We also document a couple of key trends in d
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.
Joe Biden made his first appearance outside of his home in two months to honor Memorial Day at a veterans park in Delaware
Biden and his wife, Jill, wore black face masks in their first public appearance during the coronavirus pandemic.
Toyota Corolla Wagon Could Return According To New Trademark Filing
If this rumor turns out to be correct, Toyota would become one of the very few automakers in America to offer its customers a station wagon.
China may lose control of three strategically important ports amid coronavirus fallout
Changing political tides may cost China control over ports in Australia, Israel, Sri Lanka
Central bank asset purchases creating ‘fake markets’, analyst warns
'They're no longer related to any fundamental analysis whatsoever'
Citi warns that coronavirus may push 31 million women into unemployment and knock $1 trillion from world GDP
Global GDP could shrink as much as $1 trillion if a predicted 31 million women lose their jobs during the coronavirus pandemic, Citi has warned.
3 Stocks to Supplement Your Social Security Income
Companies with decent yields with the operations to support their dividends even during an economy-wrecking pandemic are certainly worth considering.
SAS: Who Dares Wins' winner Lauren Steadman compares show to winning gold medal
Paralmpian Lauren Steadman was crowned one of two SAS: Who Dares Wins 2020 champions on Monday night
Qld Premier to face frustrated tourism leaders on the Gold Coast
The Premier is expected to meet with tourism leaders and the Mayor on the Gold Coast today amidst heavy criticism the government is not doing enough to get the tourism market kicking again.
Coronavirus Losses: Arizona Nonprofits Assess ‘Tip Of The Iceberg’
Coronavirus-related shutdowns have cost Arizona’s nonprofits more than $800,000 worth of volunteer hours, and counting, according to a survey by the Alliance of Arizona Nonprofits.
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
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
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.
Australia's exports fell 12% in April
The value of both Australian exports and imports decreased in April 2020 although demand for resource commodities remained strong, according to the la
Covid-19 to dent M&R earnings ‘more than 20%’
Group reports further growth in order book to R51.5bn at end-March.
“Pest” Wallabies Could Be Earning Money For NZ
Wallabies given a dishonourable mention in government’s recent budget as a pest needing money to combat them, could be earning valuable local and export dollars money by way of meat and hides says a hunters’ environmental advocacy the Sporting Hunters Outdoor Trust.
Slump in consumption, exports push Germany into recession in first quarter
Slump in consumption, exports push Germany into recession in first quarter
Trump marks Memorial Day by defending his weekend of golfing as the US coronavirus death toll creeps toward 100,000
Trump frequently criticized Obama for golfing while he was in the White House, but has not held himself to the same standard as president.
Russia records its highest daily death toll from the coronavirus as its number of new cases appears to decline
Russia recorded its highest daily spike in coronavirus deaths on Sunday as its number of new daily cases appears to be on the decline.
Gold Price Analysis: XAU/USD down by $6 in Asia, weekly chart shows bullish trend exhaustion
Gold, a safe-haven asset, is flashing red at press time even though the growth-linked currencies like the Aussie dollar are struggling to gain altitud
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
Realme launches Smart TV watch and Realme Buds Air Neo today; check colors features price other details
This is is the first time, Realme has forayed into the smart TV sphere. The TV will come in two sizes--Realme Smart TV will come in 32-inch and 43-inch screen size. Realme TV is powered by MediaTekk SoC
Here’s how many cases South Africa’s top coronavirus hotspots have
As South Africa moves to level 3 lockdown from 1 June, government will take a differentiated approach to deal with those areas that have far higher levels of infection and transmission, says President Cyril Ramaphosa.
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.
Coronavirus News: As more stores file for bankruptcy, 7 On Your Side looks at the future of retail
At least three major retailers have filed for chapter 11 bankruptcy protection this month as the COVID-19 crisis has crippled sales -- now experts say it might be a good time to spend those unused gift cards.
Lufthansa, German government agree on US$9.8 billion rescue package: sources
The German government and the management of flagship carrier Lufthansa , which has been hit hard by the coronavirus pandemic, have reached an ...
The most important man in Test cricket today is Virat Kohli, says Harsha Bhogle
The veteran Indian cricket commentator added that T20 cricket is also helping bring a new set of viewers to Test cricket.
Merkel's conservatives want stimulus package to include tax relief: document
Merkel's conservatives want stimulus package to include tax relief: document
Citi Analysts: ‘Target-To-Kmart Conversion Set To Boost Sales
Citi analysts expect that Wesfarmers’ move to close unprofitable Target stores and convert other Target locations to Kmart stores will help to boost the group’s earnings. As such, Citi has raised its price target on Wesfarmers by nearly 20%.
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.
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.
Pay rifts, a partner divide, and a threat at the Ritz Carlton: 50 insiders reveal all on a massive shakeup at elite law firm Boies Schiller
Business Insider - Pay rifts, a partner divide, and transparency are key issues behind some partners leaving elite law firm Boies Schiller. Now BSF is re-making itself.. Read more at businessinsider.sg
Furore Over Tirupati Tirumala Temple Board’s Decision To Sell 23 Land Assets In TN, TTD Chief Says 129 Properties Sold Since 1974
The Y S Jagan Reddy government is being accused of trying to sell the TTD lands to supporters of YSR Congress Party.
Japan’s Hottest Stock Is Tiny Maker of $40 Million Machines
The list of Intel Corp.’s annual supplier award winners tends to read like a who’s-who of the semiconductor industry’s biggest names. This year, it included a little-known Japanese company whose machines have become indispensable in the race to improve semiconductors and whose stock has been rocketing up as a result.
Lockdown 4.0: Manoj Tiwari goes to Haryana to play cricket, AAP blasts him
Tiwari, however, asserted he did not break any law. He hit back at the AAP for raising the issue to
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
This Australian founder made $25 million from the COVID-19 pandemic
Jeromy Wells, the chief executive and founder of listed cloud communication platform and workflow software company Whispir, denies COVID-19 is the best thing that has ever happened to him.
New 'ShopKiwi' website encourages shoppers to support local businesses
The website offers free sign-up for NZ owner-operator businesses.
Renewable electricity suppliers gaining ground
Generating capacity of independent producers is just about equal to that of an Eskom power station.
How the Sunrise Foods buy spices up business for ITC
The move strengthens the tobacco major’s push towards non-cigarette FMCG business
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
Iranian tanker docks in Venezuelan port, domestic refining rises
VALENCIA — The first of five Iranian tankers carrying fuel to Venezuela has moored at a port serving the El Palito refinery, the oil minister said on Monday, and Refinitiv Eikon data showed a second vessel had entered its waters.
Fast Track mergers: MCA keen to extend facility to more classes of companies
asks industry to come up with comprehensive suggestions
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.
Citi warns that coronavirus may push 31 million women into unemployment and knock $1 trillion from world GDP, Business Insider - Business Insider Singapore
Business Insider - Overall there are 44 million workers at risk of losing their jobs because of the pandemic, Citi said. 31 million women, and 13 million men.. Read more at businessinsider.sg
Boris Johnson's decision to back his own top aide who broke lockdown rules means 'more people will die' from the coronavirus, according to one of his own scientific advisers
Professor Stephen Reicher said Boris Johnson had "trashed" his own government's advice on the nationwide coronavirus lockdown.
British farmers 'will go out of business' in UK-US trade deal, Theresa Villiers warns
British farmers “will go out of business” as a consequence of a trade deal with the United States, former environment secretary Theresa Villiers has warned. Admitting that she had "great fears" about "unfettered competition between domestic farmers and US imports", she said it would
Nissan says preparing to gradually restart Mexico operations
The automaker will begin with vehicle and autoparts manufacturing activities
Man shares photos of apartment a landlord is renting out for N520k in Lagos
According to Ifeanyi, the landlord put up the rough-looking apartment for N350,000 as basic rent and N520,000 as total package, located in Surulere, Lagos.
California to allow places of worship to reopen, in-store retail shopping to resume
California will allow houses of worship to open for in-person services at reduced capacity and let retailers open for in-store shopping, state officials announced Monday.
Oil Rallies With Producers Showing Confidence by Hiking Prices
Oil’s recovery from its historic crash last month is barreling ahead, with some OPEC producers displaying signs of confidence that the market is stabilizing.
BSNL launches unlimited voice calling plan for 600 days at Rs 2399, check out other long-term plans
BSNL is giving unlimited voice calls for 600 days, the longest validity among all telcos at Rs 2399. The plan does not bring with it any data.
Boris Johnson’s decision to back his own top aide who broke lockdown rules means ‘more people will die’ from the coronavirus, according to one of his own scientific advisers
A scientist who advises the UK government on the coronavirus says Boris Johnson’s support for an aide who breached lockdown rules has undermined efforts to fight the pandemic and warned that “more people are going to die” as a result.
Mumbai airport commences operations after two months; first flight departs for Pune
Domestic flights resume operations after 2 months: The first flight departed from Mumbai airport to Patna at 6:45 AM today. The first arrival flight to Mumbai departed from Lucknow at 8:20 AM. Both flights will be operated by IndiGo
Globalisation can't be done away with Swadeshi slogans: Skanray Tech chief
In a Q&A, Vishwaprasad Alva, founder and managing director, Skanray Technologies, explains why trying to lure companies moving out of China to India could prove counterproductive
Top German court grants buybacks for VW diesel car owners
KARLSRUHE, May 25 — A top German court ruled today that Volkswagen must buy back a diesel car it modified to appear less polluting, a decision that could influence the outcome of tens of thousands of other “dieselgate” cases. Judges at the Federal Court of Justice (BGH) in Karlsruhe...
Crack in fashion! Tesco stocks white eggs for the first time in more than 40 years after huge rise in demand
The eggs - which are used in McDonald's breakfast McMuffins - will cost the same as the brown free-range equivalent, starting from 89p for a box of six medium eggs.
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
VIDEO: Retail Merchants of Hawaii’s Tina Yamaki and business owner Victor Lim join the COVID-19 Care Conversation | Honolulu Star-Advertiser
Tina Yamaki, president of the Retail Merchants of Hawaii, was today’s guest on the COVID-19 Care Conversation. She was joined by Victor Lim, McDonald’s franchise owner and former chair of Hawaii Restaurant Association.
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
The Chase: Bradley Walsh stunned as contestant wants to 'rent a chap' with prize
Shirley wants a companion to go travelling with.
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
Country singer Morgan Wallen was arrested on Saturday night and charged with public intoxication and disorderly conduct after being thrown out of a Nashville bar owned by Kid Rock, as originally reported by local news site WKRN.
Nissan and Renault shelve merger plans to repair their alliance - sources
Renault and Nissan have shelved plans to push towards the full merger former leader Carlos Ghosn craved and will instead fix their troubled alliance to try to recover from the coronavirus pandemic, five senior sources told Reuters.
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
AUD/USD Price Analysis: Upper end of the contracting triangle caps gains
The AUD/USD pair is currently trading largely unchanged on the day at 0.6530, having faced rejection at 0.6550 during the early Asian trading hours. T
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
A mink may have infected a second Dutch worker with coronavirus, agriculture minister says
A second farm worker in the Netherlands is likely to have been infected with coronavirus by a mink, but risk of further contagion is deemed “negligible.”
Of the pandemic 65 times less money years Nick Bosa Authentic Jersey
NEWS IBC - Of the pandemic 65 times less money years Nick Bosa Authentic Jersey NEWS IBC - Of the pandemic 65 times less money years Nick Bosa Authentic Jersey
Canada Revenue Agency extends some trust and corporate filing deadlines
The agency says it will allow businesses to defer T2 corporation income tax returns otherwise due in June, July or August, to Sept. 1
‘Not on pitch but on console’: Euro 2020 kicks off without footballers
‘Not on pitch but on console’: Euro 2020 kicks off without footballers
Cheetahs utility forward's desire to leave side 'not about money'
The Cheetahs may feel that they have grounds for winning a case, but it appears they have little chance of retaining the loyalty of talented Sintu Manjezi
Misbah-ul-haq believes decision on T20 WC should not be taken in haste
ICC T20 World Cup, currently scheduled to be held from October 19 to November 15 in Australia, is under a cloud of uncertainty due to the Covid-19 pandemic.
The Centre’s Kashmir policy and a heavy price to pay
India will have to face mounting security threats and the people of Jammu and Kashmir the systematic denial of rights
Let’s support farmers and try to keep shopping locally
From milk, meat and vegetable deliveries to the creation of local food hubs, the shop local message seems to have taken on a renewed resonance during lockdown.
Bengaluru Airport resumes operations with ‘contactless’ experience
A contactless ‘parking-to-boarding’ experience has been introduced at Kempegowda International Airport Bengaluru…
French carmaker Renault could close plants and cut jobs: union
French carmaker Renault could unveil job cuts and plants closures on Thursday as the company looks to save 2 billion euros (US$2.2 billion) in ...
Bid rejected: Barcelona see €50m plus player exchange offer turned down by Euro rivals
Key issue with offer touted...
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 […]
Under strict rules, India resumes domestic flights after two months
West Bengal urged government to postpone resumption of passenger flights to Kolkata as it focuses on rescue work of Cyclone Amphan
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...
40% travel, tourism firms staring at complete shutdown risk in next 3-6 months: Report
The report said that 81% travel and tourism companies have lost their revenue up to 100% while 15% of the companies have witnessed it slide up to 75%
Euro Fight Flashback: Brian Bouland and Darren O’Gorman’s fast-paced Cage Warriors bout
The pair of bantamweights closed out the preliminary card in London and a highlight-reel knockout was delivered.
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.
EU to announce green strings for post-pandemic funding
The European Union is due to announce economic recovery plans which could be up to one trillion euros and wants to pull Europe out of the crisis with green measures.
Mexican auto industry groups urge Puebla state to allow operations to restart
Mexican auto industry groups urge Puebla state to allow operations to restart
GBP/USD Price Analysis: The upside is likely to remain capped near 1.2200 confluence hurdle
The GBP/USD pair gained some positive traction on Monday and for now, seems to have snapped three consecutive days of winning streak. The pair refresh
Crowdfunding projects help virus-hit businesses in Japan
Fundraisers in crowdfunding plans often provide donors with meal discount tickets and premium accommodation vouchers.
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.
Dollar holds advantage as Hong Kong tensions test risk-wary investors
Dollar holds advantage as Hong Kong tensions test risk-wary investors
Mark Rober's Rube-Goldberg squirrel feeder is the unicorn chaser you need right now
Former Apple and NASA engineer turned YouTube sensation Mark Rober (previously) decided to spend his quarantine birdwatching until his neighbourhood squirrels defeated his supposedly squirrel-proof…
This Accredited Agile Project Management Bundle by SPOCE is 93% off for just $99
With today's highlighted deal, get 1-Year access to accredited training content on AgilePM®, PRINCE2®, & PRINCE2 Agile® for the senior level project managers in the making via Neowin Deals.
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...
A Pandemic Stampede To The Hamptons Leads To A Desperate Search For Summer Rentals
COVID anxiety is even reaching beyond summer as families ponder a permanent residence in the Hamptons.
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...
Cetera Advisors LLC Sells 2,568 Shares of Marathon Oil Co. (NYSE:MRO)
Cetera Advisors LLC lowered its stake in shares of Marathon Oil Co. (NYSE:MRO) by 16.5% during the first quarter, HoldingsChannel reports. The fund owned 13,013 shares of the oil and gas producer’s stock after selling 2,568 shares during the quarter. Cetera Advisors LLC’s holdings in Marathon Oil were worth $43,000 as of its most recent […]
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 $439,000 as […]
Bitcoin Miners in Sichuan Province Ordered to Shut Down in ‘Orderly Manner’
The Chinese province is said to be home to roughly 10 percent of Bitcoin's global hash power.
VW ordered to buy back diesel cars it sold equipped with emission evasion software based on their current value
The decision comes after a motorist took the company to court over a Volkswagen Sharan he bought in 2014, which was equipped with the software that turned off emissions controls during testing.
Zimnat launches novel inflation linked funeral cover
HARARE-One of the oldest financial institutions in the country, Zimnat Life Assurance has launched an inflation linked funeral policy, Gadziriro/Lungiselelo ZWL$ Funeral Plan the first of its kind in Zimbabwe, which provides for regular review of covers and premiums on a regular basis.
Crisis-hit IL&FS plans to divest its 26% stake in OTPC, invites bidding
In terms of eligibility for bidding, corporate bodies should have a minimum net worth of Rs 150 crore as per the audited balance sheet as of March 31, 2019 or later
‘Return of Goans working overseas will trigger massive unemployment’
NT NETWORK Panaji Admitting that the return of the Goans working abroad, including seafarers to their motherland, following Coronavirus pandemic would res
Here’s how much Curro’s new online school costs – with applications now open
Curro Online, the new offering from private school group Curro, will go live in mid-June with applications open to all from Monday (25 May).
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
Several high school students in Georgia tested positive for COVID-19 after attending a drive-through graduation parade
Several high school students in Georgia tested positive for COVID-19 after participating in a drive-through graduation ceremony, school officials said in a letter to students’ families that was first reported by CNN.
Current-gen Honda City to retain all features despite incoming next-gen sedan
The new Honda City, on the other hand, will get even more features including some tech that was not seen before in its segment.
JK Rowling offers to pay annual salary of Tweeter who used Civil Service account to accuse Boris Johnson of being an 'arrogant, offensive truth-twister'
Author J.K. Rowling has offered to reward the person who responded to Boris Johnson's Downing Street briefing last night with a tweet slamming him for sticking up for Dominic Cummings.
Business sentiment rises but Covid-19 concerns persist
‘Nobody is losing the run of themselves’ but they see light ahead, says Bank of Ireland
‘Over 1,000’ pubs have interest in Covid-19 insurance test case
Dispute centres on whether insurers should pay for pubs’ losses over Covid-19 shutdown
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...
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
Monday’s Insider Report: Executive chair invests over $4-million in REIT yielding over 9%
SmartCentres, SNC and Telus see insider buying
A snapshot of the coronavirus looking at 1% of South Africa’s population
Medical aid group Bonitas has provided a snapshot of how the coronavirus epidemic in South Africa has impacted its members.
50 insiders reveal all on a massive shakeup at elite law firm Boies Schiller
Pay rifts, a partner divide, and transparency are key issues behind some partners leaving elite law firm Boies Schiller. Now BSF is re-making itself.
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.
How we selected over 1,000 new recruits -- NNPC
The corporation says professional competence, transparency, accountability and federal character are primary considerations in its employment.
Stuff CEO buys company for $1
Stuff chief executive Sinead Boucher has purchased Stuff from its Australian owners Nine Entertainment for $1.
WH Adviser O’Brien: US will likely impose economic sanctions on Hong Kong and China if …
Speaking on NBC's "Meet the Press" on Sunday, White House National Security Adviser Robert O'Brien said, “the US will likely impose economic sanctions
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
Premier Ford to make announcement today alongside Ontario’s associate minister of small business
Premier Doug Ford will be making an announcement in Toronto this afternoon alongside Ontario’s associate minister of small business and red tape reduction.
Liz Weston: Find free, solid money advice in uncertain times
If you have money questions — and who among us doesn’t right now? — there are plenty of people willing to offer advice: friends, relatives and random strang
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
China’s crypto is all about tracing — and power
If the experiment succeeds, this new cash, valued the same as the familiar banknotes bearing Mao Zedong’s image, will become the world’s first sovereign token to reside exclusively in the ether.
Interpol notice against Nirav Modi's brother put up for public viewing again
The Interpol has placed the Red Corner Notice against fugitive diamantaire Nirav Modi's brother Nehal in public view again, after he recently lost an appeal against its issuance by the international
Apple is expected to release a larger iPhone 12 Pro later this year — here's everything we know about Apple's next high-end iPhones so far
Apple's iPhone 12 Pro and Pro Max are expected to come with larger displays, a Lidar sensor for augmented reality, and a new design.
Cathay General Bancorp: Upcoming CECL Adoption To Hurt Earnings
CATY has deferred the adoption of CECL, the new accounting standard for loan losses, to later this year. The adoption will boost provision expense in the remain
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 […]
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.
3 reasons why India's current Covid-19 strategy should change
Combating Covid-19 is like fighting a war. And, wars are won with up-to-date strategy. Fresh researches on coronavirus tell that India's Covid-19 strategy must change.
Impact of COVID-19: Rethinking The Business Of Fashion
“Fashion is part of the daily air and it changes all the time, with all the events. You can even see the approaching of a revolution in clothes. You can see and feel everything in clothes.” —Diana Vreeland The coronavirus outbreak is first and foremost a human tragedy, affecting hundreds of thousands of people. It […]
Reverse migration can spur housing demand in tier 2 and 3 cities post COVID-19: ANAROCK report
One significant trend may be reverse migration spurring housing demand in Tier 2 & 3 cities, says the ANAROCK report.
When It Comes To College Sports, June Is More Important Than September
This June is a month unlike any other one in the history of higher education; this June, the decision whether to go online, in person, or some hybrid/flex combination will be solidified.
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
Tanzania finally allows export of mineral concentrates
The government has issued an export permit for all the 277 containers full of gold and copper concentrates which had been held in Dar es Salaam since 2017.
‘A great fit’ – Pundit believes Liverpool need generational talent despite €90m price tag
'A great fit' - Pundit believes Liverpool need generational talent despite €90m price tag
China's 'hermit' investors fill doubled oil storage with crude bet
SINGAPORE/SHANGHAI — Chinese financial investors betting on a rebound in oil prices are filling commercial storage tanks held by the Shanghai futures exchange just as fast as the exchange can find them.
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
Canada Revenue Agency extends some trust and corporate filing deadlines
The Canada Revenue Agency is extending some of the filing deadlines for corporations and trusts in a move to help businesses and tax preparers dealing with the COVID-19 pandemic.
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.
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.
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 […]
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.
US company trials coronavirus vaccine candidate in Australia
CANBERRA, Australia (AP) — A U.S. biotechnology company began injecting a coronavirus vaccine candidate into people in Australia on Tuesday with hopes of releasing a proven vaccine this year. Novavax...
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.
Japan to end Tokyo's state of emergency, eyes fresh $930 bln stimulus
TOKYO — Japan will lift a state of emergency for Tokyo and remaining areas still facing restrictions on Monday, while the Nikkei reported a plan for new stimulus worth almost $1 trillion to help companies ride out the coronavirus pandemic.
Community groups, charities eligible for RACQ funding grants
Community groups and charities that are doing it tough during the coronavirus crisis are now eligible for grants to help them get through. The RACQ Foundation has announced that it has extended it’s…
West Indies board confident of going ahead with England tour amid Covid-19
All international cricket has been suspended since March due to the coronavirus pandemic. However, England is looking to host West Indies in July for three Test matches.
Buy Colgate ; target of Rs 1520: Motilal Oswal
Motilal Oswal is bullish on Colgate has recommended buy rating on the stock with a target price of Rs 1520 in its research report dated May 22, 2020.
Resumption of flights: It's chaos for passengers
Most of the complaints are from Air India passengers
Victoria’s BRI deal benefits local economy
Australia’s southeastern Victoria state should stick to its partnership with China to cooperate on the Belt and Road Initiative (BRI), despite noises made by politicians in Canberra, Chinese analysts said.
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...
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
50 insiders reveal all on a massive shakeup at elite law firm Boies Schiller
A massive transformation is taking place at elite litigation powerhouse Boies Schiller Flexner.
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.
Chinese troops come inside Indian territory in eastern Ladakh: Report
India has conducted “mirror deployment” on its side to match moves made by the Chinese forces in eastern Ladakh, according to a report.
Stimulus Checks Waiting For People With Little Income And No Income
People who have no income at all are eligible to get stimulus checks. People with low income are eligible to get stimulus checks. Homeless people are eligible to get stimulus checks. And, yes, people who aren’t legally required to file federal taxes can get a $1,200 stimulus check.
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...
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
Pattie Lovett-Reid: Let the commercial rent relief applications begin...we hope
The past weekend has to have a been a tough one for small businesses waiting to hear whether or not their landlord is going to apply to the federal government for the Canada Emergency Commercial Rent Assistance program. CTV News' Chief Financial Commentator Pattie Lovett-Reid breaks down what they can expect.
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).
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.
Perthshire men’s support group ‘delighted’ to secure £10k funding support
A Perthshire support group for men has secured £10,000 in National Lottery funding.
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.
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
CSMIA operates 47 flights to 14 destinations on May 26
These 47 flights were undertaken by seven domestic carriers, Mumbai International Airport Ltd ( MIAL) said in a statement.
Ter Stegen receives a million dollar offer that will decide his future
Marc-Andre ter Stegen has been in the news lately regarding a possible departure from Barcelona, however, the rumours have now been put to rest. The playe...
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
Cake maker's sweet treats helping boost local spirits
A cake maker has been working to lift community spirits by selling sweat treats each week.
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.
Virgin's administrators put brakes on plane repossessions
A mass repossession of Virgin's fleet could have seriously hampered the efforts of Deloitte to sell Virgin Australia to a new buyer.
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.
UK, Nigeria pledge to sustain trade relations amid CoVID-19
With Covid-19 continuing to affect supply chains, trade and global investment flows, the United Kingdom and Nigeria authorities have pledged commitment
COVID-19 reveals the inherent vindictiveness of migration detention
The COVID-19 pandemic is exposing the glaring injustices of the immigration detention system.
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
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
'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.
Realme China event today: Realme X50 Pro Player Edition, X3 SuperZoom, TV, Watch, Buds Air Neo, and more to launch
Realme is hosting an event in China where as many as eight products are expected to launch.
Japan's Uniqlo to make masks using underwear fabric
TOKYO — Japanese casual clothing chain Uniqlo, owned by Fast Retailing, said it plans to sell face masks made of fabric used for its Airism underwear line in response to strong demand for protective gear for the coronavirus.
bidorbuy helps South African businesses get back to work
bidorbuy is making it easier for businesses in different sectors to plan for when they may be permitted to reopen.
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.
2020 Watch: Differing views on remaking post-virus economy
Presidential politics move fast. What we’re watching heading into a new week on the 2020 campaign:
Chaotic Sunday forces customers, airlines to re-draw plans for flight resumption
Constant changes in schedules and confusion over protocol underline the chaos over resumption of flights on May 25
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
Australia gives companies a six-month break from earnings forecasts
Australia gives companies a six-month break from earnings forecasts
COVID-19: Dubai Tourism, stakeholders discuss strategies for industry revival
Emirates commenced passenger flights between Dubai and nine destinations from May 21
Melon-aires not required as Japan premium fruit prices plunge
Tokyo: A pair of premium Japanese melons sold Monday for just a slice of the five million yen ($46,000) reached at auction last year, as the coronavirus bites hard.
Many mobile traders don’t follow safety rules, give headache to officials
With the lockdown in place, traders and vendors are among those who are badly hit. However, it seems they have found a new way to bounce back into business. Continue Reading →
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.
China's aggressive push for Hong Kong national security laws could lead to US sanctions, White House official says, Business Insider - Business Insider Singapore
Business Insider - The White House national security adviser, Robert O'Brien, said China's actions indicated the country was "going to basically take over Hong Kong.". Read more at businessinsider.sg
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.
Cowboys’ Michael Gallup Reportedly Not Being Discussed In Any Jamal Adams Trade Talks
If the Dallas Cowboys are interested in trading for Jamal Adams, Michael Gallup isn’t on the table as part of the return, according to a post on Twitter by Yahoo Sports‘ Charles Robinson. ...
Hong Kong shares ease on China-U.S. rift, dollar firms
Hong Kong shares extended losses and a gauge of Asian stocks was largely subdued on Monday, after China's move to impose a new security law on Hong Kong heightened concerns about the future stability of the city and global trade prospects. Hong Kong's HSI index fell 0.4% after sinking 5.5% on
Government wants to launch a satellite to help South African students study remotely
As the country’s universities prepare for the move towards level 3 lockdown, the government is looking at possible technologies which could help improve remote-learning in the country, says minister of Higher Education, Science and Technology Blade Nzimande,
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.
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
5 important things happening in South Africa today
Lockdown level 3 is too little too late, say critics; scientists and academics rally behind professor who dared criticise government; World Health Organisation predicts over 23,600 deaths in South Africa due to Covid-19; and teachers unions push back against plans to re-open schools, saying things are not ready.
China's Great Wall expects mild domestic auto sales growth in H2
BEIJING — Great Wall Motor expects China’s overall auto sales in the second half this year to return to the same level as last year, its president said, as the world’s biggest auto market recovers from a coronavirus-driven low.
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 […]
Senior markets operative jumps ship to MST Financial
Gerard Satur's MST Financial has made another high-profile hire.
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
Netanyahu becomes the first Israeli prime minister to stand trial over corruption and fraud cases
Last year, Netanyahu was indicted on bribery, fraud, and breach of trust charges as part of three separate corruption cases.
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
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.
Top German court to rule on VW ‘Dieselgate’ compensation
FRANKFURT AM MAIN, May 25 — Almost five years after Volkswagen’s admission to cheating on emissions tests involving millions of diesel engined cars, a top German court will today finally rule in a battle over compensation for tens of thousands of affected owners. In a preliminary finding in...
South Africa’s richest people recover some lockdown losses
South Africa’s richest people have seen their fortunes recover over the last month – but many are still worse off than before the global coronavirus pandemic hit home, forcing the country into a nine-week high level lockdown.
AAP, BJP trade barbs over mishandling of epidemic
They attack each other over lack of effort
Over 8 billion real-time internet records of Thai users exposed in massive data leak: Report
Over 8 billion real-time Internet records of users of Thailand’s largest cell network, AIS, were leaked online through a database which has now been secured, according to a report by TechCrunch.The le
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
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
The leader in distance learning and research
Massey University which was established in 1927 is the only university in New Zealand which offers a degree in Aviation, Dispute Resolution, Veterinary Medicine and Nanoscience.
TAB makes more than 200 staff redundant
The TAB is informing staff of job losses today after a proposal to cut hundreds of roles due to the Covid-19 downturn.
5-yr-old reunites with parents in Bengaluru as flights resume
5-yr-old reunites with parents in Bengaluru as flights resume. Vihaan Sharma went on a small holiday to Delhi to visit his grandparents in February. However, that vacation got prolonged as a coronavirus lockdown was imposed pan India in March.
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.
Wage subsidy scheme pays out more than a billion euro
The amount of money paid out under the coronavirus wage subsidy scheme has surpassed 1.1 billion euro, a senior civil servant has said.
Moon calls for bold fiscal strategy in light of COVID-19
Addressing the officials responsible for drawing up the national fiscal strategy, President Moon Jae-in on Monday called for bold support measures, saying the state must spearhead efforts to soften the impact of the COVID-19 pandemic. Speaking at the National Fiscal Strategy Meeting, Moon also downplayed concerns that his administration’s fiscal policies could threaten the country’s fiscal stability, sa...
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
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.
China's aggressive push for Hong Kong national security laws could lead to US sanctions, White House official says
The White House national security adviser, Robert O'Brien, said China's actions indicated the country was "going to basically take over Hong Kong."
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
40% tourism firms staring at complete shutdown risk in next 6 mnths: Report
The report said that 81 per cent travel and tourism companies have lost their revenue up to 100 per cent
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
‘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
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
Business owners urged to adjust to survive
MANDEVILLE, Manchester — President of the Manchester Chamber of Commerce Kenisha Dw...
Gold Price Analysis: XAU/USD meets a plateau as global CODVID curve peaks
The price of XAU/USD is at $1,727.88, -0.45 and has sunk from a high of $1,735.67 falling to $1,721.61 on the day. Gold is a complicated mix of deflat
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
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 […]
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 […]
Nissan-Renault-Mitsubishi ties more crucial than ever as pandemic rocks carmakers
Revising their strategies this week, the firms will at least have the opportunity to show progress in moving beyond last year’s management paralysis.
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
Polk CARES funding on its way to help small businesses
Help is on the way for small businesses in Polk County, as the first checks for the Polk CARES 2020 funding were mailed out Friday.
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.
USD/CNH Price Analysis: Symmetrical triangle breakout on daily chart
USD/CNH gained ground on Friday as the escalating US-China tensions over Hong Kong weighed over the offshore Yuan. The pair closed at 7.1452, confirmi
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.
Cullen commission into money laundering in British Columbia resumes today
Inquiry was called amid growing concern that illegal cash was helping fuel real estate, luxury car and gambling
Over 90,000 passengers book flight between May 25-31; Mumbai, Kolkata register highest bookings
Earlier, Maharashtra, West Bengal and Tamil Nadu opposed immediate opening up of their airports in view of rising cases of coronavirus. The three states are home to some of the busiest airports in the country in terms of passenger traffic
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
Japan is set to end their current state of emergency in Tokyo
Reports have been circulating that Japan's Prime Minister Shinzo Abe is set to remove the current state of emergency in Tokyo and 4 other prefectures...
All markets, fairs reopening in Kyiv May 25
Access to open-air sports and playgrounds will be allowed the same day.
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
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.
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
Johnson supported Cummings ahead of public interest, Nicola Sturgeon says
Scotland’s First Minister accused the PM of risking public confidence in coronavirus guidelines by keeping his adviser in post.
Mexico's monthly trade deficit hits $3 billion due to virus
Exports in Mexico fall by more than 40% in April 2020, while imports are down 30%
The workers that make your food put their lives on the line during pandemic. Whether they're protected now is up to you.
The American food supply chain relies on people working low-paying jobs that put them at risk for harassment, injury, and even death.
Sportscar brand Aston Martin could see AMG chief come in as CEO
Incumbent CEO Andy Palmer has had an indifferent run as CEO for some time
Japan eyes fresh stimulus plan worth over US$929b to battle COVID-19
TOKYO: Japan is considering a fresh stimulus package worth over US$929 billion that will consist mostly of financial aid programmes for companies ...
Aston Martin's chief to leave as a part of shake-up
GAYDON, England: Aston Martin Chief Executive Andy Palmer is leaving the business as part of a management shake-up and will be replaced by Tobias ...
Homes needed for thousands of 'spare' Cadbury's Easter Eggs in massive giveaway
The National Trust for Scotland has already donated around 15,000 Easter Eggs to hospitals, food banks and community groups around the country
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
Natural Gas Price: Futures point to further correction
In light of advanced figures from CME Group for Natural Gas futures markets, open interest extended the choppy activity and shrunk by almost 1.3K cont
Barrick pays Tanzania initial $100 million after gold shipments resume
The government had imposed a ban during a tax dispute.
South Africa to lift ban on alcohol sales from June
The country had implemented one of the world's most stringent lockdowns after recording its first coronavirus-related death in March. The South African government banned the sale of tobacco and alcoho
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.
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.
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
Goodbye office: Is the future of work in our homes?
SINGAPORE: Wanting to create a parent-friendly workplace, Ms Joerin Yao, managing director of human resource consultancy Enable Group, has been ...
€60m Manchester United transfer target almost certain to leave current club this summer
Wolves striker Raul Jimenez is reportedly almost certain to leave his current club at the end of this season amid transfer rumours linking him with Manchester United and other top sides. The Mexico international has shone for Nuno Espirito Santo’s side in recent times, looking a player capable of moving up a level and playing […]
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.
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.
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
The federal government's $60 billion in JobKeeper savings could be used to prop up vulnerable sectors like tourism – but casuals and visa workers will again miss out
Having discovered an accounting error $60 billion in its favour, the Morrison government is ready to go spending.
Redmi K30i 5G Launched But The Price is Weird - Gizchina.com
Redmi K30i 5G is the new memeber in K30 lineup. The 5G smartphone comes at an affordable price tag, but the price is weird at the same time.
Alabama unemployment system glitches cause claims issue
Some Alabama residents spent the holiday weekend struggling to claim their weekly unemployment benefits.
Coronavirus pandemic | 2,436 new COVID-19 cases in Maharashtra, count rises to 52,667; 60 more deaths
A total of 1,186 patients were discharged from hospitals after recovery, taking the total number of such cases to 15,786, a Health official said.
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
Shoppers line up in downtown Montreal as retailers reopen to public
MONTREAL - Eager shoppers lined up outside some stores in downtown Montreal on Monday as retailers in the city were allowed to reopen for the first time sin
Trade deal with Europe seems a long way off
The government has confirmed that in the absence of a trade deal with the EU27, the UK is ready to operate on the basis of global World Trade Organisation tariffs.
People more worried about economic crisis than health issues from coronavirus, finds study
The study - conducted by Centre for Marketing in Emerging Economies (CMEE) at IIM Lucknow - revealed that majority (79 percent) of people are worried and surrounded by a feeling of fear (40 percent) and sadness (22 percent).
Gold Price Analysis: XAU/USD mildly heavy below $1,750, looks to US-China tension for clues
Gold prices drop to $1,731, print 0.20% loss, intraday low of $1,730.37, by the press time of Tokyo open on Monday.
Microsoft to drop Irish as recognised language for Outlook on iOS
Microsoft is to remove the Irish language as a choice across some of its products, arguing that English is better for ”consistency”.
ILO expresses deep concerns over labour law suspension, tweaking to PM Modi
The ILO's intervention came after ten central trade unions escalated the issue of suspension and tweaking of labour laws with the international body through a letter on May 14, 2020.
Man gives wife money to spend in jail after plotting with ‘side guy’ to kill him
Despite allegedly plotting with her side lover to kill him, a Ghanaian man has given his wife money to spend in jail. The 55-year-old husband of the woman, who allegedly plotted with her lover to have
A second immigrant has died from COVID-19 while in ICE custody
An immigrant in custody of the US Immigrations and Customs Enforcement (ICE) agency died of COVID-19 complications on Sunday, marking the second death related to the novel coronavirus among people in ICE detainment.
Meet the dogs of war who run into danger to find hidden bombs and the US soldiers who have their backs
Dogs are man’s best friend, but war takes that special bond to another level. Out on the front lines of brutal armed conflicts half a world away, US soldiers count on their canines to keep them safe from hidden threats and get them back home alive.
A return with just 20 customers might not seem economic, but for Ballarat restaurants, it's a perfect start
Ballarat restaurateurs say a return to dine in with 20 people as of next Monday is a smart move
Realme India event today: Realme Watch, Realme TV, and Buds Air Neo to launch
Realme is also hosting another event in China to launch five additional products other than the three in India.
Cash for new homes the key to saving jobs, says industry
On the HIA's analysis, the equivalent of as many as 100,000 jobs are already at risk in the property sector.
NCLAT quashes NCLT order making MCA a party to all IBC proceedings
Allowing the plea filed by the 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".
Life insurance firms record 45% degrowth in April, but post-COVID future bright
Insurance sector will face headwinds in Q1 FY20 due to the coronavirus pandemic, However, CARE Ratings said that insurance space will record strong performance, especially digitally going forward
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.
Two hairstylists in Missouri may have exposed more than 140 clients to the coronavirus, health officials say, Business Insider - Business Insider Singapore
Business Insider - The stylists worked at a Great Clips hair salon in Springfield, Missouri, between May 12 and May 20 while symptomatic.. Read more at businessinsider.sg
ITA estimates Rs 2,100 crore revenue loss for tea industry in Assam and West Bengal during Mar-May
The Indian Tea Association (ITA) has pegged a revenue loss of Rs 2,100 crore for the industry in Assam and West Bengal during March, April and May.
Petrol pumps closed in different areas of Karachi over lack of supply
The pumps have been closed down due to depletion of petrol stocks
'It's kind of glum': US farmers worry as crop prices dip
Dave Burrier steered his tractor through a field, following a GPS map as he tried to plant as much corn as possible amid the yellow and green rye covering the ground.
Tipplers throng outlets as liquor sales resume in Puducherry after two months
Directions to the booze-lovers included strict adherence to social distancing. Markings were made on the road close to the shop to ensure that the people observed physical distancing.
EU eyes first face-to-face summit in months to haggle over budget
BRUSSELS (Reuters) - EU leaders may meet for a face-to-face summit in the coming weeks to bargain over the next joint budget and a linked coronavirus recovery fund, suspending lockdown rules imposed to contain the pandemic, diplomats and officials said.
View: China's crypto is all about tracing — and power
Digital yuan trials are taking place just as Covid deepens mistrust with the US.
New emissions blow for Volkswagen as German court backs damages claims
US authorities banned the affected cars after the cheat software was discovered, triggering claims for compensation.
Two hairstylists in Missouri may have exposed more than 140 clients to the coronavirus, health officials say
The stylists worked at a Great Clips hair salon in Springfield, Missouri, between May 12 and May 20 while symptomatic.
With State of Emergency Lifted, Japan Begins Gradual Reopening
Retailers in Tokyo began opening their doors last week, but some will continue to wait.
121 electric co-ops comply with order to help consumers
The Philippine Rural Electric Cooperatives Association Inc. said Monday the 121 electric cooperatives in the country complied with all the directives of regulators to protect the interests of consumers during the enhanced community quarantine period.
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 […]
Asia stocks rise as countries ease lockdown restriction, Hong Kong extends losses
Hong Kong sank again after the city was rocked by protests at the weekend over a controversial proposed security law
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
A second immigrant has died from COVID-19 while in ICE custody
Santiago Baten-Oxlag, an immigrant in custody of the US Immigrations and Customs Enforcement agency, died from COVID-19 on Sunday.
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.
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.
Oil steadies as demand uncertainty tempers supply cuts
Brent had eased by 5 cents, or 0.14 per cent to $35.08 a barrel by 1014 GMT
Ikea introduces new shopping rules as 19 stores reopen to the public
The furnishings retailer will reopen 19 stores across England and Northern Ireland on Monday, June 1, with click & collect services alsoopeningin a phased approach
Time has come to merge income support schemes with MGNREGA
The legal framework of the MGNREGA scheme does allow this on farms owned by people of SC/ST communities, and on the lands of marginal farmers.
Liaoning Hongyun among 11 Chinese football clubs disqualified over finances
Chinese Super League (CSL) club Tianjin Tianhai folded earlier this month and now Liaoning, a traditional powerhouse in China, have similarly dissolved.
Payments for CERB top $40-billion as feds open doors for commercial rent help
Landlords with up to 10 eligible tenants located in Atlantic Canada, British Columbia, Alberta or Quebec could apply online Monday
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 […]
Bizarre scenes after car ploughs into boat, Gold Coast
Emergency services have rushed to the scene in Palm Beach this morning, where a car has crashed into a boat on the street. It happened along Townson Avenue just before 11.00am. Photos of the crash…
Huawei seeks stable chip supply from Samsung and Hynix
Huawei Technologies Co. has sought high-level assurances from Samsung Electronics Co. and SK Hynix Inc. they will continue to supply memory chips despite mounting pressure from the U.S. to isolate the Chinese telecommunications company, the Korea Economic Daily reported.
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.
HomeCapital gets fresh funding from Varanium NexGen, others
Startup helps homebuyers with a down payment assistance programme
Russia's Aeroflot reports 95% passenger drop in April 2020
Aeroflot Group expects to gradually increase the number of flights across Russia in June 2020
'Game of Thrones' author George RR Martin just bought a historic American railroad he wants to restore for sightseeing, film shoots, and even escape rooms on rails, Business Insider - Business Insider Singapore
Business Insider - "Even though I'm an old guy, I'm a 13-year-old inside," the author told the Albuquerque Journal of the new investment.. Read more at businessinsider.sg
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
Union minister Piyush Goyal's interpretation of an 'Atma Nirbhar Bharat'
Business leaders from across sectors interacted with Union Minister for Railways and Commerce & Industry, Piyush Goyal, during the current edition of India Today's e-Conclave 2020 Jumpstart series.
Oil jumps as coronavirus lockdowns ease, boosting hopes for demand pickup; rising Sino-US tensions likely to cap gains
Amid quiet trading, with financial centres Singapore, London and New York all closed for holidays, Brent was up 6 cents, or 0.2 percent, at $35.19 a barrel.
Virgin Atlantic delays flight resumption to "August at the earliest" due to quarantine measures
The carrier said that “by introducing a mandatory 14 day self-isolation for every single traveller entering the UK, the Government’s approach will prevent flights from resuming”
Harte Gold: Digging Into The Q1 Results
Harte Gold released its Q1 results last week, with quarterly gold production hitting a record high near 8,600 ounces. While this is a step in the right directio
China’s aggressive push for Hong Kong national security laws could lead to US sanctions, White House official says
The White House national security adviser, Robert O’Brien, on Sunday said China’s aggressive move to force national security laws on Hong Kong might result in US sanctions.
Notifying only 41 Shramik trains for Maharashtra for now: Piyush Goyal
The minister said that the Maharashtra government has provided a received list of only 46 trains, out of which five are to West Bengal and Odisha
Aigen Investment Management LP Sells 75,814 Shares of Marathon Oil Co. (NYSE:MRO)
Aigen Investment Management LP trimmed its position in Marathon Oil Co. (NYSE:MRO) by 37.4% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 126,780 shares of the oil and gas producer’s stock after selling 75,814 shares during the period. Aigen […]
23,615 confirmed coronavirus cases in South Africa as deaths rise to 481
Health minister Dr Zweli Mkhize has announced that there are now 23,615 confirmed cases of coronavirus in South Africa.
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
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.
Europe threatens legal action over aviation whistleblower body
The European Commission has threatened the Irish government with legal action over the State’s failure to designate a body to receive reports from whistleblowers about safety concerns in the aviation sector.
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.
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.
Huawei to be ousted from UK network
Plans to further reduce Huawei’s involvement in UK 5G infrastructure are being drawn up following growing anti-China sentiment in the wake of the coronavirus.
Meet the dogs of war who run into danger to find hidden bombs and the US soldiers who have their backs, Business Insider - Business Insider Singapore
Business Insider - "We're on the front line most of the time," an Army sergeant said of herself and her dog.. Read more at businessinsider.sg
Hair salons could safely reopen at end of June, industry body says
Federation calls for earlier reopening with strict health restrictions in place
Bayer reaches agreement in 125,000 US cancer lawsuits
Pharmaceutical giant reportedly does deal to end inherited costly legal battle
Gold – the solution to a $5,300,000,000,000 money printing problem
Defend your portfolio against inflation with gold.
Stuff bought by its CEO, MediaWorks announces mass layoffs in historic day for NZ media
Duncan Greive assesses an extraordinary morning for New Zealand’s media. In the space of a tumultuous half hour New Zealand’s media landscape has been utterly transformed, with Stuff CEO Sinead Boucher completing an audacious management buyout from its Australian owners Nine, while hundreds of st
POLAIR to remain on the Gold Coast as relocation claims rejected
The State Government has reaffirmed the Police helicopter will remain based on the Gold Coast, following speculation of a move to Brisbane. Bonney MP Sam O’Connor pressured the Government to come…
Asia stocks mostly up on lockdown easing but Hong Kong extends losses
HONG KONG, May 25 — Most Asian markets rose today as a further opening up of economies from lockdown offset worries over worsening China-US tensions, while Hong Kong sank again after the city was rocked by protests at the weekend over a controversial proposed security law. While Donald Trump has...
China warns US of countermeasures over Hong Kong trading threats
BEIJING, May 25 — Beijing has warned the US that it will take “every necessary measure” to protect its interests after a top White House advisor warned that Washington might revoke Hong Kong’s special trading privileges if China enacts a tough new security law. China plans to impose...
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.
Japan looking to end Tokyo's state of emergency, eyes fresh $930 bln stimulus
TOKYO — Japan is looking to lift a state of emergency for Tokyo and remaining areas still facing restrictions while also considering fresh stimulus worth almost $1 trillion to help companies ride out the coronavirus pandemic, Nikkei reported on Monday.
Coronavirus outbreak: Govt develops 'intelligent testing strategy' to check spread across states
Indian Council of Medical Research (ICMR) is continuously scaling up its testing facilities for COVID-19 by giving approval to government and private laboratories
Report warns of major tax shortfall due to drop in household spending
The COVID-19 crisis could see indirect tax revenue fall by up to €6.7bn this year.The Economic...
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.
Two hairstylists in Missouri may have exposed more than 140 clients to the coronavirus, health officials say
A Great Clips hair salon in Springfield, Missouri, has become a potential hot spot of COVID-19 transmission after two hairstylists came into work while symptomatic, potentially exposing more than 140 people to the virus, according to local officials.
Domestic flights cancelled status: Around 80 flights in Delhi, nine in Bengaluru cancelled on Day 1
Domestic flights news: A Mumbai-Delhi flight was also cancelled, passengers said that the flight was cancelled without any prior notice
Covid-19 gulps EABL profits down by all of $28.7m
The brewer issued a profit warning following Covid-19 regulations to close bars.
Asian stock market: Bears keeping the reins as Hong Kong issue intensifies
With the US-China raw over Hong Kong bill hitting risk sentiment across the board, Asian shares remain depressed ahead of the European session on open
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...
Abe's 'own goals' slash support rates even as coronavirus emergency to be lifted
TOKYO — A string of controversial missteps has slashed Japanese Prime Minister Shinzo Abe’s support to levels that could threaten to end his term early, even as he prepares to lift a state of emergency after the rate of coronavirus infections declined.
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 »
Oil Has Recovered From Record Lows But $40 Prices Unlikely Before Q3 2020
Market has recovered from record lows but a clear cut pathway for a sustained rally isn’t here yet.
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.
Shares in depository account can be used as margin till August 31: SEBI
The markets regulator in February came out with framework on margin obligation to be given by way of pledged or repledged shares in the depository system.
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.
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
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
Nearly three-fourths of professionals prefer Work From Home option
Around 7 out of 10 working professionals prefer Work From Home (WFH) option.Further, close to 80 per cent believe that WFH could ensure clean air, and 65 per cent of the respondents call on the Govern
Celeste Barber's record-breaking $51 million bushfire fundraiser cannot be split up and donated to other charities, the Supreme Court has ruled
The amount raised may have broken fundraising records, but the $51.3 million raised by Celeste Barber remains bound to the law.
Bayer, Lufthansa drive gains in Europe amid holiday-thinned trading
European stocks rose to kick off the week on Monday, albeit with the action thinned by holidays in the U.K. and the U.S.
Productivity over meetings: Survey reveals what developers want to be more productive at work
During the survey, when developers were asked what they would need to achieve 100 percent productivity at work, 70 percent of developers opted for fewer meetings.
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.
ETRADE Capital Management LLC Boosts Stock Position in Seagate Technology PLC (NASDAQ:STX)
ETRADE Capital Management LLC grew its stake in Seagate Technology PLC (NASDAQ:STX) by 15.4% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 9,677 shares of the data storage provider’s stock after acquiring an additional 1,289 shares during the quarter. ETRADE Capital Management LLC’s […]
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.
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.
Australian dollar to the moon as freedom dies
See the latest Australian dollar analysis here:
Allow higher workforce for factories in green, amber zones to meet rising demand: Parle Products
Restrictions on number of workers in factories located in green and amber zones, specially for food products companies, need to be relaxed as meeting demand will become difficult and can lead to scarcity, according to a senior official of biscuits major Parle Products.
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
6,668 Shares in AmerisourceBergen Corp. (NYSE:ABC) Acquired by ETRADE Capital Management LLC
ETRADE Capital Management LLC purchased a new stake in AmerisourceBergen Corp. (NYSE:ABC) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 6,668 shares of the company’s stock, valued at approximately $590,000. Other hedge funds also recently added to or reduced their stakes in […]
Pitso Mosimane’s Salary At Sundowns Revealed After Contract Extension
Pitso Mosimane's salary at Sundowns now makes him the highest paid coach in South Africa and one of the most paid coaches in Africa.
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.
Nissan and Renault shelve merger plans to repair their alliance: sources
Nissan and Renault shelve merger plans to repair their alliance: sources
Mexico can benefit from Chinese economic slowdown, Lopez Obrador says
Mexico can benefit from Chinese economic slowdown, Lopez Obrador says
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.
Job searches for remote work jump 377% during February-May
In wake of the coronavirus crisis, job searches for remote work in India have soared over 377 per cent during February to May, reveals a recent report by job portal Indeed. Job seekers are ready to take a salary cut in order to have access to remote worki
Bayer says it makes progress in settlement talks over weedkiller
Bayer shares rose sharply on May 25, 2020, after reports it was close to a mass deal with American plaintiffs who claim that the company’s glyphosate-based Roundup weedkiller causes cancer
Oil falls as US-China tensions take toll
Oil prices have risen sharply in recent weeks as an easing of coronavirus restrictions has led to increased demand, but the tensions between the United States and China are beginning to weigh on sentiment.
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 […]
‘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.
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.
Asian shares tick up, eyes on China-US trade relations
Analysts expect trading to be subdued with United States and UK markets shut for public holidays.
‘Material disclosure’ is imperative at this time
Investors need to be frequently updated on Covid-19’s impact on companies
Tamil Nadu records 805 new Covid-19 cases on Monday; employees from private firms test positive
Employees in some of the companies in and around Chennai are now reporting positive for Covid-19.Nokia Solutions and Networks India shut its Sriperumbudur plant after about 20 of its employees tested
Bayer, Lufthansa drive gains in Europe amid holiday-thinned trading
European stocks rose to kick off the week on Monday, albeit with the action thinned by holidays in the U.K. and the U.S.
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 »
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’...
Landlords worry about COVID-19 impact on commercial properties
Maureen Ihua-Maduenyi Commercial landlords are increasingly concerned about the economic impact of the coronavirus pandemic on their tenants and property portfolio, a new report has said. The rep...
Brussels Airlines to operate 40 per cent of long-haul programme by August
The carrier intends to gradually ramp up operations to a total of 59 European and long-haul destinations…
Still A Lot Of Value In Corporate Bond Market
Readers can see that currently even AAA OAS are cheaper to Treasuries than at any point in the last 10 years. Ending late last week at +89 bps to Treasuries, ev
The Chase fans astonished as player Shirley plans to rent gentleman companion with winnings
The Chase's Shirley revealed she hoped to spend her prize money on renting a gentleman companion - and she already had her eye on one of the chasers
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.
USD/JPY: Off intraday top, still above 107.00, as trade sentiment dwindles
USD/JPY retreats from the intraday high near 107.80 to 107.65 amid the early trading session on Monday. Although news of Japan’s likely removes of sta
China will work to ease Africa’s debt burden — Chinese Foreign Minister
Chinese Foreign Minister, Wang Yi, has said China will work with G20 to ease Africa’s debt burden, as they both have many things in common.
Firms invited to virtually network
Shrewsbury Business Chamber is inviting its members, supporters and also guests from other businesses in the community to join it for a virtual networking event.
China's Great Wall expects mild domestic auto sales growth in second half
BEIJING (Reuters) - Great Wall Motor (601633.SS) expects China’s overall auto sales in the second half this year to return to the same level as last year, its president said, as the world’s biggest auto market recovers from a coronavirus-driven low.
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 →
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.
The workers that make your food put their lives on the line during pandemic. Whether they’re protected now is up to you.
“Every day we risk our health and the health of our family that await us at home,” said Nelson Santiago.
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
Johor supermarket ordered to close for breaching CMCO SOP
JOHOR BARU, May 25 — A leading supermarket in Taman Desa Tebrau here has been ordered to close after it was found to have violated standard operating procedures (SOPs) under the conditional movement control order (CMCO). Johor Health director Dr Aman Rabu who confirmed the matter said the...
Toyota Kirloskar Motor to resume manufacturing operations from May 26
The company officials are closely monitoring and evaluating the situation to gradually ramp up operations, the company added.
Facebook brings in new Messenger feature to protect minors from scams
Facebook started rolling this feature out on Android in March and would bring this to more people around the world on iOS this week
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 […]
Telstra powers up 5G footprint as new spectrum comes into picture
Telstra is running ahead of schedule on building out its 5G network, with the telco saying it has extended its coverage to 47 cities across Australia.
Aristocrat agrees to $47m payout to settle smartphone game lawsuits
The Australian pokies giant was hit with lawsuits by US customers who lost money playing with "virtual chips" on its smartphone casino games.
UCD academics call for virus safety incentives for businesses
Study shows businesses that invest in workplace safety 20% more likely to ‘go under’
Industrial estates in TN start functioning with new rules
Following permission from the Tamilnadu government, factories in industrial esates located in non-containment zones in the State, including those at Ambattur and Guindy, resumed their operations from today. Continue Reading →
COVID-19 Impact: Transfer outstanding crop loans to govt account, says Maharashtra to banks
A government resolution (GR) dated 22 May instructed banks to show the current outstanding loan of farmers as the dues of the state government.
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.
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.
Gold Futures: Correction lower on the cards
Open interest in gold futures markets shrunk for the second session in a row on Friday, this time by around 2.5K contracts according to preliminary fi
JK Rowling pledges to pay salary of rogue civil servant for viral tweet
Harry Potter author Rowling was impressed.
Africa’s energy potential can create opportunities amidst COVID-19
The AU Commission and IRENA say that the energy potential in Africa can turn the COVID-19 crisis into an opportunity for the continent and its population.
IKEA launches 'Click and Collect' feature for contactless shopping
The Click & Collect service is to ensure minimal contact between the staff and customers', when the customers arrive to collect the products from the store. Currently, this facility is only available Hyderabad
Coronavirus | CREDAI writes to PM, seeks immediate relief for realty sector
The industry body has pitched for additional institutional funding, waiver of penal interest and customer-centric tax treatment of real estate, among others.
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 »
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
‘Game of Thrones’ author George RR Martin just bought a historic American railroad he wants to restore for sightseeing, film shoots, and even escape rooms on rails
The railroad station that serves Santa Fe, New Mexico isn’t completely abandoned, but it’s seen better days.
Top 10 biz headlines: Slowdown blues, coronavirus lockdown impact, and more
Here are the top 10 headlines on Monday morning
'Game of Thrones' author George RR Martin just bought a historic American railroad he wants to restore for sightseeing, film shoots, and even escape rooms on rails
"Even though I'm an old guy, I'm a 13-year-old inside," the author told the Albuquerque Journal of the new investment.
Heatwave likely to abate only after May 28; Dust storm, thunderstorm expected on May 29-30: IMD
Delhi, Rajasthan, Haryana, Punjab and parts of Uttar Pradesh have been experiencing blistering heat for days with temperatures soaring over 45 degrees Celsius in some places.
Domestic aviation resumes: 532 flights operated, 39,231 passengers flown on Day 1
The first day was marred by cancellations, and customer complaints
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
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
Forex - Dollar Drifts Higher in Thin Trade as Hong Kong Flares up Again
Forex - Dollar Drifts Higher in Thin Trade as Hong Kong Flares up Again
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.
Global shares up as recovery hopes overshadow virus worries
TOKYO (AP) — Global shares rose Tuesday as hopes for economic recovery overshadowed worries over the coronavirus pandemic. Investors are shifting their focus to how various nations are adapting to...
Asia stocks mostly up on coronavirus lockdown easing but Hong Kong extends losses
Most Asian markets rose Monday as a further opening up of economies from lockdown offset worries over worsening China-US tensions, while Hong Kong sank again after the city was rocked by protests at
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 […]
Cross-platform torrent client Transmission 3.00 arrives after two years of development
BitTorrent clients are plentiful, but many leave a lot to be desired. While numerous clients have fallen by the wayside, there are some names that have stuck around. One such client is Transmission, and after a two year wait, we're finally being treated to a new version.
Apple is expected to release a larger iPhone 12 Pro later this year — here’s everything we know about Apple’s next high-end iPhones so far
It’s not unusual for Apple to release more than one version of its latest iPhone. But this year’s rumored iPhone 12 is expected to come in a whopping four different variants, compared to previous years when Apple would launch two or three versions of its newest smartphone.
Tesco announces two big changes to Clubcard scheme - and it's good news
The supermarket is giving shoppers more time to retrospectively add Clubcard points to their accounts - while those who have already claimed them will have an extra year to use them up
Town hall back in business
The Township of Spallumcheen is back open for walk-in business.
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.
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.
Major automakers see demand for personal vehicles going up
Automakers like Maruti Suzuki, Honda, Toyota and Tata Motors expect demand for personal vehicles to go up in the country as social distancing and fear associated with COVID-19 veer people away from public transport.
Receivers appointed to Mayfair 101 companies, with more than $85m investor funds at risk
Move on owner of Dunk Island comes after company failed to make $3m in loan repayments to IPO Wealth Fund
Have your say on Hepburn Shire's proposed budget
Hepburn Shire Council's proposed budget for 2020-2021 is currently being exhibited for public feedback. The budget will deliver $12.12 million in capital work...
It’s very important that some sports return, IPL will help spread positivity: Shikhar Dhawan
Cricket boards across the world are working out ways of resuming the game, which includes matches being held behind closed doors without spectators.
Industry funds pummeled by early superannuation withdrawals
The Australian Prudential Regulatory Authority (APRA) has released its weekly update on the Morrison Government’s early release policy, which reveals that another 1,650 million funds were withdrawn in the week ending 17 May, with total withdrawals topping $10.6 billion:
Virgin's administrators put brakes on plane repossessions
A mass repossession of Virgin's fleet could have seriously hampered the efforts of Deloitte to sell Virgin Australia to a new buyer.
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.
Tokyo stocks rally on hopes for economic restart amid pandemic
Tokyo stocks rebounded Monday on hopes that Japan's economy will soon restart as the government is set to lift a state of emergency in the capital declared over the coronavirus pandemic. The 225-issue Nikkei Stock Average ended up 353.49 points, or 1.73 percent, from Friday at 20,741.65. The broader Topix…
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".
Ed-tech startup to offer free AI, coding & robotics courses for children in rural areas
Robochamps, an edtech start-up dedicated to introducing kids to early AI education, recently launched online courses in robotics and coding in multiple languages, including Hindi, Gujarati, Punjabi, a
Apple is expected to release a larger iPhone 12 Pro later this year — here's everything we know about Apple's next high-end iPhones so far, Business Insider - Business Insider Singapore
Business Insider - Apple's iPhone 12 Pro and Pro Max are expected to come with larger displays, a Lidar sensor for augmented reality, and a new design.. Read more at businessinsider.sg
‘We will forever love him’: Heartbroken parents pay tribute to popular Fife teen who died in road tragedy
The heartbroken parents of a Fife teenager killed in a road tragedy say they have lost "the perfect person".
Senior Citizen Savings Scheme (SCSS), FD to GoI Bonds: Top investment options for senior citizens
Best investment options for senior citizens during Coronavirus pandemic: Check out investments that can be done online without having to go out.
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
Fresh air will be a hot amenity in reopened offices — if companies can afford it
Not long ago, office landlords competed for tenants by advertising spacious roof decks and fancy exercise rooms.
Toronto Zoo trying to innovate as it faces budget crunch
Zoo offers drive-through exhibit as it reopens, but attendance was falling for years before pandemic
4 More Oil Stocks That Could Go Bankrupt in 2020
These oil companies are on a slippery slope.
EUR/USD Price Analysis: Flat-lined below 1.0900 mark amid holiday-thinned liquidity
The EUR/USD pair lacked any firm directional bias and seesawed between tepid gains/minor losses through the early North American session on Monday. Th
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
Beijing says it will unilaterally impose national laws in Hong Kong ‘without delay’ as thousands take to the streets in protest
As protests continued in Hong Kong, China pledged to impose new national security laws on the city “without the slightest delay,” reported Lily Kuo at The Guardian.
HDFC's pre-tax profit down 27% in Q4 due to higher provisioning for Covid
After adjusting for fair value adjustments, profit on sale of investment, dividend and provisioning, the adjusted profit before tax for the quarter ended March 31, 2020 is, Rs 3,535 crore
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.
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
Ghaziabad to seal borders with Delhi from Tuesday amid rising COVID-19 cases in capital
Concerned by the spike in COVID-19 cases, Ghaziabad has decided to seal its borders with Delhi.
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
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.
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
Chinese Congress Reviews National Blockchain Fund Bill
A bill to create a specialized national blockchain fund was submitted to China's congress during the annual 'Two Sessions'.
Nissan, Renault to disclose plan to slash production due to Covid shutdowns
The moves are set to undo the growth strategy pushed earlier by Carlos Ghosn, former leader of both companies, to sell around 14 million cars by 2022
Aristocrat agrees to $47m payout to settle smartphone game lawsuits
The Australian pokies giant was hit with lawsuits by US customers who lost money playing with "virtual chips" on its smartphone casino games.
Chaos reigns at airports as domestic flights take off after 2-month gap
Tweaking of flight schedules led to cancellation of several flights
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
Asian stocks subdued after China imposes new law on Hong Kong
Global financial markets already struggling to deal with huge economic uncertainty
'Archie's woods!' Prince Harry and Meghan Markle fans plant 530 trees to transform a former New York farm into a fledgling forest after raising money to celebrate the royals' conservation work
Prince Harry, 35, and Meghan Markle, 38, fans have revealed how they transformed a 'once abandoned farm in upstate New York' with hundreds of trees planted in the couple's name.
Sweeten Your Life a Bit: EXO’s Baekhyun Finally Returns With 'Candy'
The artist has smashed the charts and trends, setting a new first day release record.
This heartwarming video of 'Pabbo Badmash' delivers an important message for Eid-ul-Fitr
Studio Rokhan's latest offering urges Pakistan to maintain social distance even on Eid-ul-Fitr
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
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.
Bank of Canada head: inflation could return to target more slowly
Bank of Canada head: inflation could return to target more slowly
Will not operate under current restrictions, say Vikram and city bus operators
As a part of the relaxations granted in the third phase of the lockdown, Uttarakhand Government recently allowed the operation of public transport vehicles in the State with certain restrictions. Currently, the operators of such vehicles are allowed to carry a limited number of passengers.
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
COVID-19 situation in Delhi under control even after more lockdown relaxations: CM Arvind Kejriwal
Kejriwal asserted that he would be concerned only if two things happened -- either there is a significant increase in fatalities or the city's health care system collapses due to spike in COVID-19 cases.
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.
Motorola One Fusion+ is coming along with Motorola Edge, will have a Snapdragon 730 chip
Motorola is going to add another model to its One series of smartphones this year with the Fusion+. This one will launch alongside the Motorola Edge.
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
Westpac's lagging view of credit risk 'challenging'
Controversial review of Westpac systems found its inability to generate timely and granular commercial property risk data a particular problem.
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
FEC shrugs off market worries over Bourke Street tower
Of eight construction projects in Melbourne given the green light on Monday, four involved crucial amendments to existing permits.
Global stock markets confused as US and China spar, bring trade-tension to the forefront again
Asian stocks began the week in mixed fashion as traders weighed more signs of economies reopening around the world against the rise in U.S.-China tensions.
Microsoft's Surface Pro X discounted up to $449.01 in Amazon's Deal of the Day
Amazon is currently offering up to 35% off the Surface Pro X with its Deal of the Day. So you will only have the chance to get them at these prices today. They start at $749.99 for the base model.
Markets advance on hope of restrictions being eased globally
Subdued volumes traded on world markets as London and New York closed for holidays
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
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.
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.
Hong Kong Exports Tumble in April as Virus Disrupts Commerce
Hong Kong’s exports fell in April for a second straight month as lock downs imposed by the coronavirus pandemic continued to disrupt global trade and restrict travel.
Brazil still plans to privatize 43 airports through 2022: minister
Brazil still plans to privatize 43 airports through 2022: minister
Prices of N-95 masks down by up to 47% after NPPA advisory
N-95 masks were earlier being sold in the market for Rs 150 to 300 per unit and after the advisory by the the National Pharmaceutical Pricing Authority (NPPA), prices have been cut.
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
Anglogold Ashanti shuts South African mine over 164 COVID-19 cases
The mine, the deepest in the world, only re-opened in April after being shut under a nationwide lockdown, and had been operating at around 50% capacity. It accounted for around 7.4% of the company’s
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
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
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
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 […]
Oil firms set price hike whopper: P2.30 per liter of diesel
Pump prices could go up this week by as much as P2.30 per liter effective Tuesday to reflect the movement of oil prices in the world market.
Erosion of fiscal federalism in the times of Covid-19
As the Centre steamrolls policies on cash-strapped States, the fiscal demands the current pandemic have put extraordinary pressures on State finances
British billionaire twins at war over London’s Ritz hotel and family’s fortune
The brothers, who spent decades avoiding media attention by isolating themselves on an island in the middle of the English Channel, are now front-page news due to the latest part...
Germany approves 9 billion euro aid package for Lufthansa
FRANKFURT, Germany (AP) — Germany on Monday approved a 9 billion-euro ($9.8 billion) aid package for stricken airline Lufthansa to keep a major employer going through the turbulence of the...
Green & Gold Cleaning Ramping Up for COVID Re-Opening, Growing Demand
Business is booming for Green & Gold Cleaning.With the province gradually re-opening and the business sector returning to work, cleanliness is going to
Powkiddy X2: Affordable handheld console comes in at a low price while aping the Nintendo Switch
Powkiddy has launched a new, handheld games console. The Powkiddy X2 costs US$80 and looks unmistakably like the Nintendo Switch.
Citi warns that coronavirus may push 31 million women into unemployment and knock $1 trillion from world GDP
Global GDP could shrink as much as $1 trillion if a predicted 31 million women lose their jobs during the coronavirus pandemic, Citi has warned....
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...
'It's kind of glum': U.S. farmers worry as crop prices dip
American farmers are seen to lose billions of dollars in revenues amid the coronavirus pandemic
BA planning to rehire sacked staff on worse terms, union says
Unite accuses airline of using coronavirus crisis as cover for betraying its workforce
We’re evaluating new food trends that gained momentum during lockdown: ITC’s Hemant Malik
Significant uptick in essentials; salience for larger-size packs
Wholesale vegetable prices fall sharply by up to 60% during lockdown
Wholesale prices of tomato, onion and other key seasonal vegetables have declined sharply by up to 60 per cent across the country, mainly due to higher production, compression of demand and market disruption amid COVID-19 crisis.
Beijing Warns Americans Are Pushing Countries Toward ‘New Cold War’
(Bloomberg) — The U.S. should give up its “wishful thinking” of changing China, Foreign Minister Wang Yi said, warning that some in America were pushing relations to a “new Cold War.
China will work to ease Africa’s debt burden – Wang Yi
The Consul General of The Peoples' Republic of China in Lagos, Chu Maoming, has disclosed that Chinese Foreign Minister, Mr Wang Yi
Air Baltic reports over 13,000 new bookings as flights resume
Relaunched routes include Riga to Amsterdam, Berlin and Munich, and Tallinn to Paris…
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
Hertz files for bankruptcy after rental-car demand vanishes
Drop in used-car sales compounds financial woes.
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.
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.
Beijing says it will unilaterally impose national laws in Hong Kong 'without delay' as thousands take to the streets in protest
Critics worry that the new laws could hurt Hong Kong's independence and the city's position as a financial center.
Montenegro becomes Europe's first coronavirus-free state, PM says
PODGORICA (Reuters) - Montenegro’s prime minister on Monday declared the country coronavirus-free - a move vital for its Adriatic tourism industry coming 69 days after it reported its first case and after 20 without a new one.
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.
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% […]
Air Canada’s takeover deal for Transat faces intense scrutiny from EU antitrust watchdog
European Commission says deal could significantly reduce competition on many routes, echoing concerns of Canada’s Competition Bureau
3 Stocks to Buy and Hold for Decades
Great businesses can allow you to compound your wealth over the decades.
Huawei Reportedly Issues Chip Supply Request to Samsung as It Braces for More US Pressure
Last week, US officials reportedly indicated that they may further tighten the rules that aim to cut the Chinese tech giant Huawei off from global chip sales.
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
IHCL extends meal distribution for COVID-19 workers by a month
Indian Hotels Company Ltd. (IHCL) of the Tata Group has announced extension of its free-of-cost TajSats meal distribution programme for COVID-19 frontline workers by another month. Puneet Chhatwal, MD
WHO announces it will temporarily suspend hydroxychloroquine trials for COVID-19 treatment
The World Health Organization will temporarily suspend enrollment in hydroxychloroquine trials in a study of four treatment options for COVID-19, the WHO announced Monday in a press conference.
‘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
HDFC gets battle ready, increases provisions to Rs 11,000 crore to ward-off coronavirus fallout
Housing Development Finance Corporation (HDFC) was seen gearing up for the aftermath of the coronavirus pandemic and the subsequent nation-wide lockdown.
Forex Today: Dollar in demand amid high Sino-American tensions, thin liquidity expected
Here is what you need to know on Monday, May 25: The new week has kicked off with dollar strength as the US and China have kept tensions high. Thin li
COVID-19: Underground production to remain halted at AngloGold’s Mponeng Mine
The gold miner announced on Sunday that 164 workers tested had positive for COVID-19 at the operation.
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
Japan lifts Tokyo’s state of emergency, eyes fresh stimulus
TOKYO, May 25 — Japanese Prime Minister Shinzo Abe said today that Japan will lift a state of emergency for Tokyo and four remaining areas later in the day but that it could be reimposed if the pace of infections picked up. Social distancing curbs were loosened for most of the country on May 14...
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.
Masiyiwa brings smiles to rural village, completes 100kw solar power project
PAN-AFRICAN businessman and philanthropist Mr Strive Masiyiwa has, through his ‘Re-Imagine Rural’ initiative, completed a 100KW solar power project at Ndolwane in Bulilima district.
Shropshire village shop marks 10th birthday but 'lifeline' service continues
Set up following the 2008 recession to support a small village between Newport and Market Drayton, the Cheswardine Community Shop marked its 10th anniversary under lockdown, when the lifeline it provides to villagers is more clear than ever before.
Hong Kong shares ease on China-U.S. rift, dollar firms
SYDNEY — Hong Kong shares extended losses and a gauge of Asian stocks was largely subdued on Monday, after China’s move to impose a new security law on Hong Kong heightened concerns about the future stability of the city and global trade prospects.
Indian sports fraternity mourns the death of Hockey legend Balbir Singh Sr
The veteran hockey player had suffered a cardiac arrest on May 12 and after that, he suffered two more cardiac arrests during the course of his stay in the hospital.
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.
Virgin's administrators put brakes on plane repossessions
A mass repossession of Virgin's fleet could have seriously hampered the efforts of Deloitte to sell Virgin Australia to a new buyer.
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.
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...
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
Indian Motorcycles Offering Discounts Of Up To Rs 6.7 Lakh
The discount is valid on select BS4-compliant motorcycles manufactured in 2019 that are registered by the company in Haryana and under the company’s own name
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 ...
Mozilla, Twitter among others vouch for prohibition of warrantless collection of internet data
A group of seven internet companies have written to the United States House of Representatives urging them to address the issue of warrantless collection of internet search and browsing history.Mozill
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
Mexican Power Utility Wants Immediate Price Hike for Rivals
(Bloomberg) — Unfazed by criticism it is unfairly blocking renewable energy projects, Mexico’s state-owned utility is doubling down on demands for regulators to protect its market share.
Tiger Brands looking at ‘significant’ job losses as it counts cost of pandemic
Reports lower H1 earnings, defers dividend.
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.
Casement Park: No agreement on £33m funding gap says Stormont
STORMONT has still not agreed how to plug a £33 million funding gap plaguing the Casement Park stadium project.
German FA chief calls for salary cap to help win over fans
BERLIN - Soccer must learn long-term lessons from the coronavirus crisis, with better financial controls and player salary caps, to keep fans on board, German Football Association President Fritz
Canada's banks to cement status as solid investments in a crisis
Canada's banks to cement status as solid investments in a crisis
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.
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 ...
EU eyes first face-to-face summit in months to haggle over budget
EU eyes first face-to-face summit in months to haggle over budget
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.
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 ...
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.
Fmr Dem Rep. Edwards: Trump 'Looks More Incompetent and More Incoherent'
Monday on MSNBC, former Rep. Donna Edwards (D-MD) accused President Donald Trump of being "incompetent" and "incoherent" in his messaging. | Clips
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
Cetera Advisor Networks LLC Decreases Stock Position in Newmont Goldcorp Corp (NYSE:NEM)
Cetera Advisor Networks LLC lessened its stake in shares of Newmont Goldcorp Corp (NYSE:NEM) by 37.3% during the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 8,034 shares of the basic materials company’s stock after selling 4,773 shares during the period. Cetera Advisor Networks LLC’s holdings in Newmont […]
Deficit monetisation: Is it really as simple as RBI printing more money?
India has a comfortable foreign exchange reserves of $487 billion currently.
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 […]
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
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.
ANA to require all passengers to wear face masks aboard aircraft from June
One of Japan's major airlines plans to make the wearing of face masks compulsory as the industry shifts toward operating in a new coronavirus pandemic normal. From June, All Nippon Airways Co will require all passengers to wear face masks inside airports and aboard aircraft. Anyone who refuses will be…
BT Buzz: Bike rentals back in vogue as Vogo, Bounce regain 30% of pre-COVID business
To retain and sustain this demand, bike rental start-ups are emphasising on two things - one, change in business model, and the another, focus on sanitisation
CREDAI seeks restructuring scheme to revive realty sector
Also wants new home loans extended at 5% rate of interest
German sentiment survey boosts stocks, Europe focuses on recovery fund
LONDON (Reuters) - Stocks gained modestly on Monday with many countries on holiday as German business morale rebounded strongly in May, offering a glimpse of optimism to battered investors of what lay beyond weeks of economic lockdowns.
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 […]
Doctors in London hospitals are using headsets from Microsoft to reduce the amount of staff coming into contact with COVID-19 patients, Business Insider - Business Insider Singapore
Business Insider - Doctors found they were able to reduce the number of staff coming into COVID contact by 80% using the HoloLens headsets.. Read more at businessinsider.sg
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 […]
ETRADE Capital Management LLC Sells 5,934 Shares of Valero Energy Co. (NYSE:VLO)
ETRADE Capital Management LLC reduced its holdings in Valero Energy Co. (NYSE:VLO) by 36.0% in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 10,555 shares of the oil and gas company’s stock after selling 5,934 shares during the quarter. ETRADE Capital Management […]
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 […]
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.
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.
Realme X3 SuperZoom's new teasers confirm specifications ahead of launch
The teasers not only revealed how the Realme X3 looks but also revealed its processors, display, and many more.
Fire at Bombardier plant being treated as accidental
A fire at the Bombardier Aerospace plant in Belfast is being treated as accidental.
Indian innovators step up to make world class ventilators
‘These ventilators will cost only a fraction of foreign made ones’
SAS: Who Dares Wins' winner Lauren Steadman compares show to winning gold medal
Paralmpian Lauren Steadman was crowned one of two SAS: Who Dares Wins 2020 champions on Monday night
Will fight for Telangana’s rightful funds, projects: MP Nama Nageswar
TRS Floor leader in LS, Nageswar Rao said he, in coordination with the party MPs, had made all the efforts to protect the interests of Telangana.
Armagh farmer linked to motor ‘chop shop’ after police search
A farmer accused of involvement in a ‘chop shop’ of high-value stolen cars being run by an organised crime gang on his land was refused bail yesterday.
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.
Trade setup: No consensus on Nifty direction; 50DMA remains key hurdle
This makes the market more vulnerable on the higher side.
Europe's First Lung Transplantation on COVID-19 Patient Successfully Conducted in Vienna
VIENNA (Sputnik) - Doctors of the Medical University of Vienna's General Hospital successfully carried out the first lung transplantation on a COVID-19 patient in...
Gold Price News and Forecast: XAU/USD is consolidating gains at the start of the new trading week
XAU/USD is consolidating the recent gains while hovering above $1700 per troy ounce and the main SMAs on the four-hour chart. Gold bulls need a break
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...
Coronavirus has exposed Africa’s economic paradigm – Mahama
John Dramani Mahama says the novel Coronavirus pandemic has exposed the weaknesses in the economic paradigm of African countries.
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.
MCX will now allow crude oil trading in negative, exchange releases API to record prices below zero
A month after settling the crude oil contracts in the negative, India’s largest commodity derivative segment, MCX, has released a new application programming interface which will facilitate a negative price on its software.
Lenovo helps schools shift to remote teaching for free
To support the education sector in rapidly shifting to digital ways of teaching and learning, global tech and innovation leader Lenovo, in collaboration with Microsoft, is sponsoring two presentations in the ongoing EduTech Live Webinar series.
EU must present united front to shield pandemic-hit banks: regulator
EU must present united front to shield pandemic-hit banks: regulator
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
Central Equity, Failli family selling $200m of greenfield sites
The two sites being offered by Central Equity and the Failli family have the potential to generate around $1 billion of housing lot sales.
Oil falls as US-China tensions take toll
Oil prices eased on Monday on concerns over rising tensions between the United States and China over Beijing's plans to impose security laws on Hong Kong and the possibility of sanctions from
UE Megaboom 3 speaker deals include choice of all-time low price ($100 off) or charging dock bundle
Ultimate Ears has done the seemingly impossible by managing to create, not one, but an entire lineup of recognizable, portable Bluetooth speakers among a
Rural Ahmedabad: 35% of Covid cases from industries
Two employees, one each from Intas Pharmaceuticals and Zydus Cadila tested positive for the virus, taking the number of positive cases to 170 in rural Ahmedabad, where 35 per cent of the infected are working in industrial clusters, according to officials.
‘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
Manhattan Beach moving ahead with retail reopening
Even before the state announced it would let retail stores reopen, Manhattan Beach was moving forward with its plan to allow small shops to operate.
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.
Facebook shareholders urged to rebel against Zuckerberg
Facebook shareholders have been urged to pressure the company to remove Mark Zuckerberg as chairman.
New push to allow South Africans to access their retirement funds during coronavirus lockdown
Trade federation Cosatu has submitted an urgent request to Finance minister Tito Mboweni, to allow workers to access part of their retirement fund savings for coronavirus financial relief.
Nucleus Software Exports Q4 net profit jumps over 64% to Rs 28.14 crore
The company said its product business revenue for the March 2020 quarter was at Rs 111.9 crore as compared to Rs 100.4 crore in the year-ago period.
Reliance Industries’ Online Grocery Service JioMart Goes Live In 200 Towns Across India
Reliance Industries limited has now officially launched its online grocery service, JioMart, across the nation after running pilot programme in Maharashtra’s Navi Mumbai, Thane, and Kalyan, reports India TV News.
Startup Livspace lays off 450 employees on adverse business impact from COVID-19
Founded in 2015 by Ramakant Sharma and Anuj Srivastava, Livspace provides a three-sided marketplace and a design automation platform that connects homeowners, certified designers and vendors.
KHADC, dist officials inspect farmers market
SHILLONG: Officials of the district administration and Khasi Hills Autonomous District Council (KHADC) inspected the wholesale farmers market (Iew dielang) on Sunday.The inspection came in the wake of a meeting to discuss the farmers’ plight. The KHA
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
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
Republicans sue California Gov. Newsom over his executive order to allow mail-in voting for the November election
The Republican Party is suing California Gov. Gavin Newsom over his decision to allow every registered California voter to submit a ballot by mail for the upcoming presidential election.
Cadbury Dairy Milk launches limited-edition ‘Thank You’ bar replacing logo
Chocolate brand Mondelez India, in partnership with advertising major Ogilvy India, has introduced a limited-edition Cadbury Dairy Milk 'Thank You' bar by giving up the Cadbury Dairy Milk logo
Hey Las Vegas motorists, don’t drive impaired as businesses reopen
As more businesses open up across Nevada, especially ones that serve alcoholic beverages, traffic officials are urging drivers not to get too excited and get behind the wheel impaired.
This Week: New home sales, US GDP, consumer spending
A look at some of the key business events and economic indicators upcoming this week:
Arabian Sea may throw in own surprise ahead of monsoon
Cyclonic circulation off Kerala coast bears watching
China's Tablet PC Market Report For The First Quarter Of 2020
The epidemic has affected all manufacturers. But the most affected tablet PC maker is Lenovo. Huawei still ranks first with a market share of 40.2%.
Oppo Ace 2 is on sale in China with up to 400 Yuan ($56) discount
Oppo Ace 2 launched in the month of April in China for a starting price of 3,999 Yuan ($560). Now, after a month from its release, the handset is on sale for a discount up to 400 Yuan ($56). The Chinese smartphone maker separated its Ace series of smartphones from Reno with the launch of …
Quebec cautiously optimistic as COVID-19 trends improve, Montreal retail reopens
MONTREAL — Quebec reported its sixth consecutive daily decrease in the number of people hospitalized for COVID-19 on Monday, as retail stores across the Montreal area reopened following weeks of shutdowns to slow the spread of the virus.
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.
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.
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 […]
EUR/USD Price Analysis: Peeps above 1.09, but range play continues
EUR/USD is looking to begin the week on a positive note. The pair is currently trading at 1.0905, representing marginal gains on the day. However, des
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
Buy Essel Propack; target of Rs 200: Motilal Oswal
Motilal Oswal is bullish on Essel Propack has recommended buy rating on the stock with a target price of Rs 200 in its research report dated May 23, 2020.
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
'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.
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
Uttar Pradesh looks to provide employment, insurance to migrant workers
The State looks to set up a commission to workers’ rights, and to provide them socio-economic-legal support
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
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...
Migrants choosing to stay back after opening of industries
With Punjab industries gradually oiling its machinery to go full throttle amidst the Covid-19 scare, about 50 percent of the migrant labourers, who have registered at the state’s web portal to return to their native towns, have decided to stay back. Every day, the number of migrants going back
Japan's ANA leads way as masks become new normal in virus-era air travel
From June, All Nippon Airways will require all passengers to wear face masks inside airports and aboard aircraft.
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 […]
Designers created an 'infection-free playground' for children made up of individual play areas — take a look, Business Insider - Business Insider Singapore
Business Insider - The area is divided into separate platforms so that children aren't close enough to share germs.. Read more at businessinsider.sg
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
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.
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.
Maduro Defends Iran & Venezuela’s Right to 'Trade Freely', Thanks Tehran for Help Amid US Sanctions
The first Iranian tanker carrying gasoline and the components to produce it from oil arrived in the Bolivarian Republic on 24 May, despite the two countries' concerns...
Legendary Hockey Player And Three-Time Olympic Gold Medallist Balbir Singh Senior Passes Away
Legendary former hockey player Balbir Singh Senior died in a private hospital near here on Monday, his family said.
Spoilers: Sharon returns with a huge dilemma in EastEnders
Sharon's back in Walford tonight, but her returns brings with it plenty of questions.
Commercial real estate to move northwards in Tier 2 markets post Covid-19
Factors like good location, easy accessibility, improvement in basic infrastructure, increased connectivity with suburbs and the availability of skilled manpower have turned smaller cities into an attractive business destination.
EUR/GBP Price Analysis: Remains confined in a range near mid-0.8900s
The EUR/GBP cross continued with its struggle for a firm near-term direction and remained confined well within a one-week-old narrow trading band arou
Nasscom for policy tweak to enable longer work-from-home scenario
Nasscom has asked for the abolition of OSPs (other service providers) under the Department of Telecom, under which certain kinds of work (such as voice calls) cannot be shifted to employees' homes.
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
‘Impact investing is going to be the mainstream’
Aavishkaar’s Vineet Rai believes that Covid-19 has forced the world’s richest people into thinking more about resilience than returns
Nikkei rises, but Hong Kong shares slip as tensions with China heat up
Hong Kong stocks fall as demonstrators take to the streets to protest proposal by China to supercede city government’s authority.
France promises ‘significant’ pay hikes for health workers
PARIS, May 25 — Prime Minister Edouard Philippe said today that health workers would soon get hefty pay increases as part of an overhaul of France’s hospital system in response to the coronavirus crisis. “I can say without any ambiguity, the increase will be significant,” Philippe said...
Tokyo stocks open higher on virus hopes
Tokyo stocks opened higher on Monday on expectations the state of emergency will be lifted for the whole nation including economic powerhouse Tokyo.
Buy Strides Pharma Science; target of Rs 421: ICICI Securities
ICICI Securities is bullish on Strides Pharma Science has recommended buy rating on the stock with a target price of Rs 421 in its research report dated May 21, 2020.
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.
Coronavirus impact: IDFC First Bank senior management takes 10% pay cut; CEO 30%
The bank has also paid 100 percent variable pay to 78.2 percent of employees for the period pertaining to 2019-20 despite the arrival of the pandemic, IDFC First Bank said.
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
Pubs take legal action against FBD over Covid insurance
Over 1,000 pubs and bars are affected by a dispute about whether or not their insurance policies with FBD Insurance Plc cover the disruptive impact of Covid-19 on their businesses, the Commercial Court has been told.
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.
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 […]
Prices of Japanese premium melons plunge amid coronavirus outbreak
A pair of premium Japanese melons sold Monday for just a slice of the five million yen (US$46,000) reached at auction last year, as the ...
With these tools, you can have productive meetings just like these Fortune 500 CEOs
If you want to take your organization's meetings to the next level, listen to these Fortune 500 CEO's.
Federal government plans to accelerate investments in high-speed internet for remote parts of Canada
Ottawa to launch website that will track broadband infrastructure projects through various stages of progress
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
Connacht's Greatest Day Leads An Extensive Eir Sport Gold Lineup This Week
One of very few benefits of the lockdown and the lack of sport has been the ability to look back and relive some of the great days of the past. TG4's All-Ireland Gold ...
Uniqlo to make face masks using underwear fabric
Japanese casual clothing chain Uniqlo, owned by Fast Retailing, said it plans to sell face masks made of fabric used for its Airism underwear line in response to strong demand for protective gear for the coronavirus. The company had previously been wary of making face masks, but a spokeswoman said…
Gold trades with modest losses, holds above $1722 support zone
Gold met with some fresh supply on Monday, albeit lacked any strong follow-through selling and was last seen trading with only modest losses, just bel
Five business groups urge Ontario to halt commercial evictions during pandemic
Five business groups called on the Ontario government on Monday to impose a commercial eviction moratorium during the COVID-19 pandemic, saying many small and medium-sized businesses are at risk of closing.
If you invested R100 in these companies on 1 January 2020, here is how much you would have today
Sasfin Securities deputy chairman David Shapiro has revealed the biggest winners and losers on the JSE, NYSE, and the NASDAQ exchange this year.
40% travel, tourism firm staring at complete shutdown risk in next 3-6 months: Report
The report said that 81 percent travel and tourism companies have lost their revenue up to 100 percent while 15 percent of the companies have witnessed it slide up to 75 percent.
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.
Montreal-area retailers reopening to public, with distancing measures in place
Many retail stores in Montreal area are opening their doors today, with customers being asked to remain spaced apart and follow hygiene protocols.
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 ...
COVID-19: Displaced Students In MP Will Be Able To Take Exams From Current Location
Online applications should be registered from May 25 to May 28.
India user base grew 120%; focus on developing culturally relevant products: Snapchat
Snap Inc Managing Director (International Markets) Nana Murugesan said the company has been expanding its team in India
VW owners in Germany can claim damages, court rules
Court rules against carmaker for selling vehicles with manipulated diesel engines
Pandemic has increased money anxiety. Therapists hope to cure that
Interest in financial therapy rose after the 2008 recession, as Americans confronted their fears about money. The field has become relevant again, professionals say
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
Melon-aires not required as Japan premium fruit prices plunge
TOKYO, May 25 — A pair of premium Japanese melons sold today for just a slice of the ¥5 million (RM200,720) reached at auction last year, as the coronavirus bites hard. The melons from Yubari on the northern island of Hokkaido sold for a snip at ¥120,000 at the season’s first auction — 40...
Gucci, Saint Laurent seek radical redo of fashion calendars
Gucci and Saint Laurent are two of the highest profile luxury fashion houses to announce they will leave the fashion calendar behind, with its relentless four-times-a-year rhythm, shuttling cadres of
Hoggets bear brunt as factories slash sheep prices
Last week those in the trade were beginning to speak about factory prices being “on a knife edge”. By yesterday morning quotes for spring lambs had been pared by 10c/kg.
SC allows Air India to operate flights till June 6 with middle seats filled to fly stranded Indians
India Business News: The Supreme Court on Monday allowed Air India to keep the middle seats occupied while operating its non-scheduled flights to bring back Indians stran
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
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
Washington man allegedly falsely sought $1.5M in coronavirus biz relief funds
A Washington state software engineer is charged with fraudulently seeking over $1.5 million in coronavirus relief funds intended for small business loans, prosecutors announced Friday. Issaquah
Johnson supported Cummings ahead of public interest, Nicola Sturgeon says
Scotland’s First Minister accused the PM of risking public confidence in coronavirus guidelines by keeping his adviser in post.
Republicans sue California Gov. Newsom over his executive order to allow mail-in voting for the November election, Business Insider - Business Insider Singapore
Business Insider - In a lawsuit filed on Sunday, Republican groups called Newsom's executive order to allow mail-in voting a "brazen power grab.". Read more at businessinsider.sg
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
Developer lobby joins immigration scab grab
We truly live in the real estate version of a narco state.
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.
‘An opportune time to invest in markets’
Clarity on economic recovery to unfold over 2 quarters: Reliance Securities CEO
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...
Several high school students in Georgia tested positive for COVID-19 after attending a drive-through graduation parade, Business Insider - Business Insider Singapore
Business Insider - The Lovett School in Atlanta did not disclose how many students had tested positive for COVID-19, but described the number as "several.". Read more at businessinsider.sg
Trays used to keep wallet, mobile, laptop for x-ray sanitised after every use: CISF
India Business News: Amid the contactless travel experience at post-pandemic airports, travellers need not worry about putting their belongings in a tray for passing throu
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
China's pork imports in April jump 170% to record high
BEIJING — China, the world’s top pork consumer, imported a record 400,000 tonnes in April, up nearly 170% from a year earlier, customs data showed, as buyers took advantage of low prices to stock up on meat.
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...
Mackay Shields LLC Cuts Stake in Jack Henry & Associates, Inc. (NASDAQ:JKHY)
Mackay Shields LLC lowered its position in shares of Jack Henry & Associates, Inc. (NASDAQ:JKHY) by 0.5% in the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 11,985 shares of the technology company’s stock after selling 58 shares during the quarter. Mackay Shields LLC’s holdings […]
Premier digs in on rent as UK restrictions bite
The 139 Smiggle stores in Britain and Ireland remain shut because of government restrictions, and Premier is also applying its rent ban.
Meet the dogs of war who run into danger to find hidden bombs and the US soldiers who have their backs
"We're on the front line most of the time," an Army sergeant said of herself and her dog.
Beef trade: Data backs up expanding influence of the dairy sector on the beef industry
While putting this week’s report together different factory agents used different analogies to describe how they now see trade.
Trump marks Memorial Day by defending his weekend of golfing as the US coronavirus death toll creeps toward 100,000
As the US death toll from coronavirus crept toward 100,000, President Donald Trump spent his weekend golfing at Trump National Golf Club in Sterling, Virginia.
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
Congress weighs choice: ‘Go big’ on virus aid or hit ‘pause’
WASHINGTON (AP) — Congress is at a crossroads in the coronavirus crisis, wrestling over whether to “go big,” as House Speaker Nancy Pelosi wants for the next relief bill, or...
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.
Smoke covers A53 as fire crews called to rubber and plastic blaze
Firefighters had to put out a fire involving plastic and rubber in a field near a main road.
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”.
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
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.
Still A Lot of Value in Corporate Bond Market
Bonds Analysis by Brian Gilmartin covering: General Motors Company, iShares Nasdaq Biotechnology ETF, Crude Oil WTI Futures, SPDR® S&P Biotech ETF. Read Brian Gilmartin's latest article on Investing.c
Air India allowed to operate non-scheduled foreign flights with middle-seat booking
Bombay High Court had directed to keep these seats vacant on international flights
China's currency gamble adds fuel to fire
The People's Bank of China 'fixed' the yuan at its lowest point since 2008, a move likely to further strain relations with Washington over trade, technology and Hong Kong's autonomy.
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
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 …
The problem with the liquidity push
Even if partially successful, it will culminate in eventual default; the crisis is only likely to intensify
Gold prices slip on rising dollar, equities; renewed Sino-US trade tensions restrict losses, silver falls 0.7%
Spot gold was down 0.3 percent at $1,729.05 per ounce. US gold futures fell 0.4 percent to $1,729.40.
Taiwan promises 'necessary assistance' to Hong Kong's people
TAIPEI — Taiwan will provide the people of Hong Kong with “necessary assistance,” President Tsai Ing-wen said, after a resurgence in protests in the Chinese ruled territory against newly proposed national security legislation from Beijing.
Mercedes-AMG CEO Tobias Moers to take over as Aston Martin Chief
Palmer and Germany's Daimler AG (DAIGn.DE), which owns a 5% stake in Aston Martin and supplies the carmaker with Mercedes-AMG engines, also declined to comment
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.
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
Doctors in London hospitals are using headsets from Microsoft to reduce the amount of staff coming into contact with COVID-19 patients
Doctors found they were able to reduce the number of staff coming into COVID contact by 80% using the HoloLens headsets.
Heatwave sweeps several Indian states, may subside from May 28, says expert
With temperatures surpassing the 45 degrees Celsius-mark across several parts in north India, the IMD has issued a
George R.R. Martin joins group to buy historic railway
SANTA FE, N.M. (AP) — George R.R. Martin, the famed author of the “Game of Thrones” fantasy series, has joined a group to buy the historic Santa Fe Southern Railroad....
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 […]
PNB Scam: Interpol to expedite arrest of Nirav Modi's brother
Nehal reportedly handled Nirav Modi's Twin Fields Investments and Bailey Bank and Biddle, and allegedly laundered over $100 million for his brother
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.
Egypt's Local development min. halts issuing building permits in Cairo, Alex, capitals of governorates
Local Development Minister Mahmoud Sharawi instructed governors nationwide to halt the issuance of building permits.
Air Canada to increase service to 97 destinations this summer
The figure is less than half the number of destinations the carrier served last summer…
Amazon Handmade launch Rainbows of Hope storefront in support of NHS
There are 20 products available in the range with a portion of sales going to NHS Charities Together
Big Price Hike On Entire KTM Lineup – RC125, Duke 125 To 390 Adventure
KTM India has bumped up the prices of all its motorcycles except for the KTM 790 Duke, all the motorcycles come with a slew of changes along with BS6-compliant engines
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
UK employers to be asked to pay 'up to 30% of wages from August' as furlough winds down
Chancellor, Rishi Sunak has said the furlough scheme will be in place until at least October, however, companies will be asked to start sharing the cost from August
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
Indian Tea industry suffers loss of Rs 2100 crore in WB and Assam
Kolkata: The tea industry in two states, West Bengal and Assam is staring at a loss of around Rs 2,100 crore due to the Covid-19 pandemic as production has dipped by a whopping 65 percent in the past two months.