Economy 1295
These Are the Government Guidelines for Victorian Restaurants and Cafes to Reopen
No tables bigger than six. No self-service cutlery and glass stations, or communal drink and condiment stations. And alcohol can only be served with a meal, “which is more than a snack”. Here’s how you’ll experience dining in Victoria from June 1.
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
Garbage generation rises again with resumption of activities in Doon
The garbage generation in Dehradun which had dropped by about 35 per cent during the initial phases of the lockdown has started to increase once again. During the complete lockdown, all the commercial activities like shops selling non- essential products and services, private offices and other
Hindalco helps S’pur women earn living
When the Covid-19 pandemic is turning life upside down and leading to widespread job losses, a group of dedicated women in Sambalpur district have insisted on efforts in empowering themselves financially with the support of the Hindalco. These women from Hirakud have already prepared more than
Top WR babu says SoBo store cheated him
Colaba cops recommend cancellation of store’s licence after CPRO of Western Railway and other residents complained of bill manipulation
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.
Dr Reddy’s Rating: Neutral — A strong performance in the quarter
FY21/22e EPS up 2/5%; TP raised to Rs 3,775 from Rs 3,490; ‘Neutral’ retained as valuations capture positives
The big growth leap: Covid gives India the opportunity to get growth without massive investment
Covid gives India the opportunity to remove a 70-year incubus and get growth without having to invest massively.
Sovereign rating: Economists shrug off downgrade fear amid Covid crisis
Unprecedented crises, they stress, warrant elevated government spending to rekindle growth impulses fast and protect both lives and livelihood, while fiscal hawkishness is best reserved for normal times.
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
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.
US plans massive coronavirus vaccine testing effort to meet year-end deadline
The project will compress what is typically 10 years of vaccine development and testing into a matter of months, testimony to the urgency to halt a pandemic that has infected more than 5 million people
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.
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.
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.
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.
Donald Trump says he has finished taking hydroxychloroquine as coronavirus therapy
Trump was addressing his disclosure last week that he was taking hydroxychloroquine and a zinc supplement.
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.
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.
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.
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.
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.
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.
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
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.
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.
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.
'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.
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.
Old-fashioned milkman makes the rounds as US shoppers stay home
South Mountain Creamery says it saw an almost tenfold increase in new home delivery customers over a single weekend in late March when stay-at-home measures due to the COVID-19 pandemic started in the region.
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.
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.
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.
HomeCapital gets fresh funding from Varanium NexGen, others
Startup helps homebuyers with a down payment assistance programme
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.
'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.
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.
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.
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.
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.
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.
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.
PNB fraud case: Interpol notice against Nirav Modi's brother put up for public viewing again
Nehal Modi's name figured as the accused number 27 in the supplementary chargesheet filed by the CBI, which charged him for destroying evidence in Dubai to cover the tracks of the alleged crime, the officials said.
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
Donald Trump's pitch to voters: Trust me, economy will soar in 2021
He's asking voters to look past the pain being felt across the nation and give him another four-year term on the promise of an economic comeback in 2021.
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.
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.
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
Estonia sees 20%-drop in foreign tourists in Q1
As the effects of COVID-19 spread and related restrictions become visible in quarterly statistics, in the Estonian tourism industry a drop over 20% of foreign visitors in the first quarter of 2020 has been recorded in statistics from the Bank of Estonia as quoted by ERR.
Sweden’s ex-main epidemiologist: Country's strategy against virus - wrong
Sweden’s former chief epidemiologist Annika Linde has become a rare voice in Sweden to doubt the country’s chosen strategy against COVID-19, which was one of the softest in Europe and focused on protecting people in risk groups, The Guardian reports.
Ministry discloses updated Egyptian petrochemicals plan 2020-2035
The Ministry of Petroleum disclosed on Monday the updated version of the National Plan for Petrochemical Industries taking place between 2020 and 2035.
Angel investors examine exit options in Egypt after end of holding period
While the majority of start-ups need angel investments to grow, such investors have to be acquainted with exit options.
3rd batch of US locomotive to arrive Alexandria in June
The third batch of 20 U.S. locomotive will arrive at Alexandria Port after Eid al-Fitr vacation, at the beginning of June.
How to build an emergency fund
The financial problems caused by the pandemic has made everyone realise the importance of maintaining an emergency fund
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.
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.
Gold – the solution to a $5,300,000,000,000 money printing problem
Defend your portfolio against inflation with gold.
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.
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.
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.
Zulu assures SA that R350 special COVID-19 grant will be paid this week
Unemployed South Africans are desperate for the money and the Department of Social Development seems to be struggling with the distribution of the fund.
Germany stamps authority on Lufthansa with $9.8 billion lifeline
The largest German corporate rescue since the coronavirus crisis struck will see the government get a 20% stake, which could rise to 25% plus one share in the event of a takeover attempt, as it seeks to protect thousands of jobs.
Germany's top court to rule on compensation for VW diesel cheating
In an early May hearing, judges at the Federal Court of Justice (BGH) said there was a chance for at least partial compensation for some VW buyers, saying they had indeed been harmed by purchasing a manipulated vehicle.
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.
Tiger Brands looking at 'significant' job losses as it counts cost of pandemic
Tiger Brands employs more than 11,200 people in South Africa, excluding seasonal staff, a company spokesperson said.
Rand steadies, stocks open lower
At 0710 GMT, the rand traded at 17.6050 per dollar, compared with its close of 17.5970 on Friday.
Companies must adhere to strict health, safety protocols - Ramaphosa
The president warned that the risk of a massive increase in COVID-19 infections would be greater as the economy opened up and millions of more people returned to work.
COVID-19 forcing investment in health sector, says NCDC
The COVID-19 pandemic is forcing governors and political leaders to invest in public health facilities across the country, Nigeria Centre for ...
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.
One-stop spot for fresh vegetables
SHILLONG: Defying the lockdown’s topsy-turvy effect on trade and commerce, the small vegetable growers from various hamlets around Upper Shillong area have created a makeshift market in downtown Shillong which is turning out to be one-stop spot for d
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...
South African bankers work from home
“We have established that we can work very effectively from outside of the building.”
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.
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.
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.
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...
Almost 90 jobs go from Invercargill licensing trust
Eighty-seven of ILT's 606 workforce will be made redundant after staff restructuring due to Covid-19 impacting the hospitality sector. ILT chief...
More people seeking help at Nth Canterbury food banks
Food banks are helping a part of the North Canterbury community they don’t normally have to support as the Covid-19 crisis continues to bite....
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...
H&J Smith looking to close stores
H&J Smith Group says it is considering closing stores in the South, affecting 175 staff, as it tries to secure its long-term future.
Reliability of power supply questioned
The reliability of the two power lines bringing electricity to Wanaka from Cromwell is being questioned by Aurora Energy whistle-blower Richard...
Stuff CEO buys company for $1
Stuff chief executive Sinead Boucher has purchased Stuff from its Australian owners Nine Entertainment for $1.
Increased support payments for newly jobless people
The newly jobless due to the Covid-19 crisis will be able to get $490 a week tax-free for 12 weeks. The Government this morning announced the $570...
Starting small may lead students to bigger things
Learning how to build tiny houses could set up Dunedin trainee builders for bigger things. The Dunedin Training Centre will offer a new Level 3...
Northeast Delhi overcomes riot scars to celebrate Eid
Northeast Delhi overcomes riot scars to celebrate Eid. In northeast Delhi, Eid this year is a celebration of a long-time friendship that even stood the test of communal riots for some, while for many, it is shorn of any festivities.
Palm Done Right pushes #SayItOnTheWrapper campaign: ‘Stop hiding palm oil use behind unclear ingredient names’
The sustainable palm oil advocate’s latest campaign aims to encourage manufacturers and retailers to be open about their palm oil use. Unless more shoppers are aware of sustainable palm oil, brands will be hesitant to highlight sustainable palm oil logos, Palm Done Right spokesperson Monique van Wijnbergen tells FoodNavigator.
F1 News: Aston Martin set for first major change since Stroll takeover
Aston Martin looks set to make its first major management change since the arrival of investor Lawrence Stroll earlier this year, with CEO Andy Palmer tipped to be replaced
Zimnat launches novel inflation linked funeral cover
HARARE-One of the oldest financial institutions in the country, Zimnat Life Assurance has launched an inflation linked funeral policy, Gadziriro/Lungiselelo ZWL$ Funeral Plan the first of its kind in Zimbabwe, which provides for regular review of covers and premiums on a regular basis.
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 the coronavirus pandemic.
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 the coronavirus pandemic.
Zimbabwe govt makes policy shift on cannabis farming
The government of Zimbabwe has announced a change in the policy that governs the investment and production of medicinal cannabis in the country.
Covid-19 gulps EABL profits down by all of $28.7m
The brewer issued a profit warning following Covid-19 regulations to close bars.
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.
Locusts, Covid-19, bad weather: The anatomy of a food crisis
Millions of people could be “just one shock away from severe acute food insecurity”.
Japan set to lift coronavirus emergency as cases slow down
The country has been spared the worst of the pandemic.
Green shoots for drought-hit agricultural stocks
With many agricultural firms at multi-year highs it is easy to see why attention is on the sector. But investors must pragmatic about the cyclical challenges.
Western Areas storms Panoramic Resources recap
ASX-listed Western Areas has sent a reminder that it's not just private equity tyre-kickers that can use recapitalisations to nab strategic positions.
Acceptance of tech will lead Australia’s business transformation
To throw light onto the other side of the COVID-19 canyon, AFR Magazine seeks out those who have proven they can see beyond the horizon – and Rethink.
Ferronova secures $3.5m funding for cancer trials
Ferronova has developed technology to help surgeons detect if cancer causing a solid tumour has spread to surrounding cells, it has raised VC funding to prove it works.
Dashed Hopes: How Nigerian Research Agencies Spent N500m On Clinical Trials Of Local Drugs With No Commercial Output
The Civic Media Lab found that Nigerian government budgeted for a total of eight human-related clinical trials of locally produced drugs between 2015 and 2019 with no evidence of commercial output.
Nigerians Locked In Another Chinese Company In Ogun Cry Out For Help
One of the affected workers told SaharaReporters that aside from forcing them to work, the company had also stopped feeding them and refused to allow them to go out to get food.
Here are the key challenges and scary facts confronting young people
Without a doubt, there will be more over-qualified job seekers and graduates going after fewer available job vacancies due mainly to automation and ageing population. As a result, more young people especially will increasingly be forced into spending more time in higher education.
Alireza Kohany Suggest 5 Things You Can Do Right Now to Prepare for the Post-Coronavirus Business World
Is your business ready for the five largest macro-trends we are about to see? Alireza Kohany explains...
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.
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
Grocery prices start to soar
Experts have attributed this trend to the disruption in production and distribution during the lockdown. They also suggest that prices may continue to fluctuate in coming weeks, with no clarity on how the lockdown will be monitored in the days to come.
Work begins, but salons struggle to make the cut
According to him, even the number of customers has come down drastically due to lack of space inside the salon to maintain physical distance. Most of the salons have two to four work stations. As of now, salons can accept only two customers at a time.
Back In 1979, Nintendo's President Said Everyone Should Copy Each Other's Ideas
"We need to abandon this idea of secrecy"
Call for financial safety net for vulnerable workers
WITH thousands left reeling from sudden layoffs and redundancies in Jamaica and across th...
Business leaders urge caution on return-to-workplace approach
SOME business leaders are urging companies to examine their individual situation, and hav...
Business owners urged to adjust to survive
MANDEVILLE, Manchester — President of the Manchester Chamber of Commerce Kenisha Dw...
Mink pass coronavirus to humans in the Netherlands
At least two people have caught the coronavirus from mink in the Netherlands, in probably the first mink-to-human transmission cases. The risk of infection outside mink farms is "negligible," Dutch officials said.
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 ...
EU must present united front to shield pandemic-hit banks: regulator
EU must present united front to shield pandemic-hit banks: regulator
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
Top 5 Things to Know in the Market on Monday, May 25th
Top 5 Things to Know in the Market on Monday, May 25th
Walmart's Mexico unit pays scaled-down tax of $358 million after government talks
Walmart's Mexico unit pays scaled-down tax of $358 million after government talks
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
Nissan and Renault shelve merger plans to repair their alliance: sources
Nissan and Renault shelve merger plans to repair their alliance: sources
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
Mexican auto industry groups urge Puebla state to allow operations to restart
Mexican auto industry groups urge Puebla state to allow operations to restart
Germany stamps authority on Lufthansa with $9.8 billion lifeline
Germany stamps authority on Lufthansa with $9.8 billion lifeline
Bank of Canada head: inflation could return to target more slowly
Bank of Canada head: inflation could return to target more slowly
What Do The Latest PMI Surveys Suggest About The State Of The Economy?
Is the economy contracting at a slower pace than in April? Is more coronavirus relief on the way for Europe? The latest on equity market performance.
Stock Market Boost: Unemployment Outlook Shifts To Positive
The unemployment trend, no longer rising, now looks ready to decline
Pandemic Receding, Investors Review The Fallout
But if we are dealing with this come July, markets are going to reassess big time.
Business Leaders Need To Show The Way To A Post-Virus World
With politicians generally floundering in their attempts to reveal a route out of lockdown, executives have an opportunity to give a lead.
Southern Company: Still A Stock To Own?
In March 2008, Southern Company announced construction of new nuclear reactors. A dozen years later, Southern’s pair of 1.1 gigawatt capacity reactors are still under construction. And the company’s projected startup date has slid from 2016 to 2022.
New Documentary Tells Story Of Nike Air Jordans, Warts And All
"One Man and His Shoes" gives a fascinating look at Michael Jordan's career with Nike, for better and for worse.
The Best Mattress Sales You’ll Find This Memorial Day
Whether you’re starting from scratch or upgrading your bed, right now is the best time of year to buy a mattress.
Who Wins In Recessions? The Rich And The Lucky
While virtually everyone else has been struggling through the COVID-19 recession, billionaires added more than $400 billion to their wealth.
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.
Is It The Right Time To Buy Raytheon Technologies After A 55% Fall In 2020?
Raytheon Technologies, best known for its missiles and other aerospace and defense products, has seen its stock fall more than 50% year-to-date, as the coronavirus pandemic is expected to have a significant impact on its aerospace business. Raytheon’s stock also remains down by about 45% from...
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.
Cree Stock Headed Below $35?
Due to the spread of the novel Coronavirus that has rattled the stock markets and the broader economy, at the current price of $50 per share, we believe Cree stock (NASDAQ: CREE) could see significant downside if there are no signs of abatement of the crisis by June 2020...
Retail Today: How The Great Toilet Paper Scare–And More Ordinary Factors–Are Affecting Luxury Product Showrooms And Sales
How independent luxury products retailers are doing, and what's next on the horizon: A visit with the executive director of Luxury Products Group, a buying group and multi-faceted business-improvement resource for independent bath, kitchen and lighting showrooms, Jeff MacDowell.
Finances And Coronavirus: Threats And Opportunities In Lockdown Era
The financial impact of coronavirus will be felt far and wide - but while it is painful for some, it is delivering surprising benefits for others, at least in the short term
Newmont Stock Has Doubled. Is It Still A Buy?
Despite the bear market brought on by the coronavirus, close to 4% of all U. S. stocks with a current market value of $500 million or more have doubled in the past year, including the largest U.S.-based gold mining stock. Too late to buy?
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.
Here’s How Much Money Private Investigators Make In Every State
Find out where private investigators earn the most money in the United States, and where they earn the least.
Following Pressure From Trump And Pastors, California Allows Places Of Worship To Reopen With Restrictions
They will have to cap attendance at 25% and take other measures to mitigate the spread of coronavirus.
Staying Connected - With Bars And Restaurants Locked Down, Can Innovation Sustain Drinks And Food Sector Entrepreneurs?
U.K. Bars and restaurants remain in lockdown, a situation that also affects food and drinks suppliers. Rum entrepreneur, George Frost says innovation, flexibility and a willingness to help out partners are vital at this time.
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"...
Why Orange Juice Sales Are On The Rise
For consumers who prefer to skip juicing an orange and fighting with the pulp in their kitchens, bottled orange juice is an easy and safe alternative. However, during the coronavirus outbreak, sales of orange juice are not increasing because of shoppers' desire for convenience.
‘Godzilla,’ ‘Star Wars’ And The Most Infamous Memorial Day Box Office Disasters
'Solo,' 'Godzilla' and the seven biggest big-budget whiffs to strike out on Memorial Day weekend.
Consumer Spending And Demand Has Changed Due To The Pandemic
The Commerce Department says GDP shrank by 4.8% in the first quarter of 2020 – the worst decline since 2009. However, business owners can take advantage of massive shifts in demand and behavior to serve new customers.
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.
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.
How To Sustain And Strengthen Company Culture Through The Coronavirus Pandemic
Shape, cement and leverage company culture through difficult times.
Report From Italy – How Consumers Act As Retail Reopens
I was recently introduced to Ms. Francesca Venturi who gave me an insight on Italy's reopening of stores. Her observations are valuable on how the United States shoppers may act.
History Repeats As Brazil Delivers Another Iron Ore Boom
Brazil’s worsening Covid-19 crisis is making waves in the commodities world with reduced iron ore shipments from the South American country lifting the price of the steel-making material by 30% to almost $100 a ton.
The Startup Trying To Take A Bite Out Of Fake News, Civics Illiteracy
These two founders have launched a company to help young readers develop good news habits, and help news companies reach them.
Economist Brian Easton says the media treat budgets as bit of a circus: lots of theatre and soon forgotten. For a serious economist they show how the official team of economists is thinking about the wider economy
Economist Brian Easton says the media treat budgets as bit of a circus: lots of theatre and soon forgotten. For a serious economist they show how the official team of economists is thinking about the wider economy
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
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
Facebook shareholders urged to rebel against Zuckerberg
Facebook shareholders have been urged to pressure the company to remove Mark Zuckerberg as chairman.
What kind of workplace ally are you?
A workplace ally is someone who is not a member of an under-represented group but who takes action to support one or many such groups.
Get ready for an immigration boom
The stars are aligning for a massive increase of immigration once the COVID-19 lockdown ends.
Australian dollar to the moon as freedom dies
See the latest Australian dollar analysis here:
Parliament committee wants TTCL audited over unclear debts
The Parliamentary Public Accounts Committee (PAC) has called for a thorough management audit of the Tanzania Telecommunications Company Limited (TTCL) to establish areas of reform that would improve
Nigeria fines UK airline for violating Covid-19 travel ban
Nigeria has fined a UK airline $3,300 for illegally running a passenger service into the country during the Covid-19 travel ban.
Safaricom retains top position as East Africa's most valuable firm
Kenya’s listed telco Safaricom topped the region as the largest company by market capitalisation and net earnings yet again this year, even as the Covid-19 pandemic hit listed firms, wiping out
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.
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
First Realme Smart TV arrives in 32” and 43” sizes with aggressive low prices
First sale is scheduled for June 2, prices are INR12,999 ($170) or INR21,999 ($290).
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
Bournemouth Came Close to Saudi Takeover in January Before Deal Broke Down
Bournemouth owner Maxim Demin came close to selling the Cherries to a Saudi Arabian business consortium in January, only to see the deal break down over a...
Disney+ Gains 2 Million Oz Viewers In First Four Months
According to the latest data from Roy Morgan, Disney+ had attracted 2 million viewers in Australia by end-March, only four months after the streaming service entered the local market.
Drone Deliveries In Canberra Surge 500%
Wing, a drone delivery company that is owned by Alphabet, has been trialling its services in Canberra, and since February, the firm has recorded a 500% increase in its delivery volumes.
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.
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%.
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
Facebook shareholders urged to rebel against Zuckerberg
Facebook shareholders have been urged to pressure the company to remove Mark Zuckerberg as chairman.
CEO buys struggling New Zealand media company for $1
WELLINGTON, New Zealand — One of New Zealand’s largest media organizations will be sold for a single dollar to its chief executive, the owners announced Monday.
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.
Kothakota weavers cry for govt support
Lack of govt support, resources, rising costs of raw material, infrastructural limitations some of reasons for the present condition of weavers.
Muslims offer prayers at home in Nizamabad
Due to the lockdown, the government had appealed to people to avoid large gatherings and mass congregations at religious places
Hyderabad firm launches advanced version of e-procurement tool
Hyderabad-based Acads360 India has unveiled the advanced version of its e-procurement tool, PRM360 -the Covid-19 management solution, to address the procurement challenges confronted by manufacturing sector.
Bharti Telecom to sell $1 bn stake in Airtel
Bharti Telecom is selling upto $1 billion of its shares in Bharti Airtel through a secondary market block deal on Tuesday.
Want a greener recovery? Here are three ways to do it
As policymakers search for ways to jumpstart an economic recovery, several members of Congress are renewing a push for a massive green stimulus package.
Health group, community center get $48M endowments in Maine
A health group and community center will receive a combined $48 million in endowments to grow services for central Maine.
This Week: New home sales, US GDP, consumer spending
A look at some of the key business events and economic indicators upcoming this week:
Global shares rise on hopes for economies' gradual reopening
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 the coronavirus pandemic.
Farmers, ranchers adapt to new eating routines amid pandemic
“We woke up one day, and all the restaurants were closed. All of them,” said Felix Florez, the owner of Black Hill Ranch, a hog farm in Cypress. Just like that, the coronavirus pandemic changed his bu
Michiganders hold $50M in unredeemed bottle, can deposits
Fifty million dollars is a whole lot of dimes.
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...
Being on the street exposes you to social vices – Street Boy shares harrowing story
Young Collins Amankwah, who happens to be a street boy in the busy city of Accra as a result of broken home and its bizarre consequences, narrated his rather sad and risky experiences on the streets.
Top 10 biz headlines: Slowdown blues, coronavirus lockdown impact, and more
Here are the top 10 headlines on Monday morning
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
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.
No shoot, no money, TV industry survives on the hope of bouncing back
The major issue in the TV industry in terms of payment is that many members of the cast and crew earn salary per day basis. Also, as per the contract, the amount is handed over only after 60-90 days.
Brands, local and global, get vocal about their Indian roots
According to senior people in several companies The Indian Express spoke with soon after the Prime Minister said that every Indian “has to become vocal for their local, not only to buy local products, but also to promote them proudly”, C-level executives scrambled to come up with a plan to get the brand’s messaging across.
Tech giants are embracing remote work and others may soon follow | Honolulu Star-Advertiser
OAKLAND, Calif. >> For a preview of the future of office work, watch how the biggest tech companies are preparing for a post-pandemic world.
Household fragility points to post-COVID pain
New data suggesting two in five households have a buffer of less than one month’s pay if they lose their jobs adds to calls for the government to keep stimulus measures in place.
Two more resource sector raisings out of Canaccord
It's a busy morning for small and microcap resources investors.
Medical aid costs shrink but Covid-19 costs are still unknown
Fewer elective surgeries and doctors’ visits save millions, but hospitalisation of Covid patients will negate these savings.
AUD/USD snaps two-day losing streak to extend recovery above 0.6500
AUD/USD remains modestly positive around 0.6540/45, up 0.11% on a day, amid the Asian session on Monday. Although the US-China tension keeps Aussie bu
AUD/JPY erases gains on lingering US-China tensions
The early risk-on tilt seen in the financial markets has faded, as evidenced by AUD/JPY's pullback from the session high of 70.58 to 70.30. The JPY cr
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.
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.
An Analysis Of Dropbox And Box For The Work-From-Home Era
Box revenues are growing but growth is slowing. R&D could improve the current offering. Quarterly earnings give hope there are still near-term headwinds. Dropbo
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.
Millions of trees to be planted after bushfires
The plan is to get state-owned pine plantations back to pre-bushfire levels of stocked trees within a decade.
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
JA Solar to Showcase New Lineup of PV Modules During Online VR Exhibition
BEIJING, May 25, 2020 /PRNewswire/ -- JA Solar ("the Company"), a leading manufacturer of high-performance photovoltaic products, will hold an onl...
JA Solar to Showcase New Lineup of PV Modules During Online VR Exhibition
BEIJING, May 24, 2020 /PRNewswire/ -- JA Solar ("the Company"), a leading manufacturer of high-performance photovoltaic products, will hold an onl...
JA Solar to Showcase New Lineup of PV Modules During Online VR Exhibition
BEIJING, May 25, 2020 /PRNewswire/ -- JA Solar ("the Company"), a leading manufacturer of high-performance photovoltaic products, will hold an onl...
JA Solar to Showcase New Lineup of PV Modules During Online VR Exhibition
BEIJING, May 24, 2020 /CNW/ -- JA Solar ("the Company"), a leading manufacturer of high-performance photovoltaic products, will hold an online exh...
Group decries depletion of forest reserves
A Non-governmental organisation, International Support Network for African Development said, lockdown has made people to resort to forest reserve for firewood for cooking, and undermine nature conservation, biodiversity and causing deforestation.
Meet Alicia Loxley: Filling in for Dee Dee on 3AW Afternoons
Alicia is filling in for Dee Dee Dunleavy for one week from May 25-29 Alicia Loxley is a Melbourne based journalist and is currently the weekend anchor for Nine News and host of Nine’s 4pm ne…
Pros and cons of investing in NPS for retirement saving
National Pension System is an investment product to save for retirement. However, among millennials, very few like to invest in such a product with a long lock-in period but this pension scheme has everything an investor looks for in a retirement plan.
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.
New rules of personal finance: How COVID has changed income, spending, saving, investing
In the new world, across segments, income has vanished, reduced or has settled at a new low. The risk to income means families have learned to cut back on spending. Saving and investing are in the background as activities that represent a forgotten luxury.
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.
From the Archives, 1971: Qantas pays $500,000 ransom in mid-air bomb hoax
In 1971, Qantas paid a $500,000 ransom when the mysterious "Mr Brown" threatened to destroy a Boeing 707 jet carrying 128 people from Sydney to Hong Kong.
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.
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.
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.
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.
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.
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.
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.
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.
Fire crews last night tackling major fire in east Belfast
FIRE crews were last night tackling a major fire in east Belfast.
Calls for public Masses 'grossly irresponsible' says Irish priests' group
A GROUP representing Catholic Priests in Ireland has warned against
California Retail Employee Shares Photo Of Her Battered Face After Being Attacked By A Customer
‘It was so fast, I couldn’t even put my hands up,’ said Samantha Clarke. Samantha Clarke of Modesto, California, is an employee at a Big 5 sporting goods store. Earlier this month, ...
[ANALYSIS] Why make the poor pay for the coronavirus response?
'It’s all a bizarre repeat of TRAIN where the poor are made to pay more so the rich can pay less. This time around, amid the COVID-19 crisis, the rich will benefit from the biggest corporate tax break in Philippine history.'
New 'ShopKiwi' website encourages shoppers to support local businesses
The website offers free sign-up for NZ owner-operator businesses.
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.
Lion to bring 'healthy alcohol' to Australia
White Claw built a $2.5 billion segment in the US known as "hard seltzer", with lower calories and sugar, and is now headed to Australia.
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.
Alibaba Drops After Projecting Slowing Growth in Uncertain Times
Alibaba Group Holding Ltd. slid after projecting revenue growth will slow this year, reflecting post-Covid 19 economic uncertainty at home as well as the potential for U.S.-Chinese tensions to disrupt its business.
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
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
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
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
Top German court to rule on VW 'Dieselgate' compensation
Almost five years after Volkswagen's admission to cheating on emissions tests involving millions of diesel engined cars, a top German court will on Monday finally rule in a battle over compensation for tens of thousands of affected owners.
Atlassian has released its COVID-19 survey to the public, as it encourages other organisations to use surveys to find how workers are coping with the pandemic
Software giant Atlassian has been using an internal survey tool to help determine how employees have been feeling as they work from home during the coronavirus pandemic. The survey has helped the company see what its workers need and what it can do to support them.
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.
Germany's top court to rule on compensation for Volkwagen 'Dieselgate' scandal
Almost five years after Volkswagen's admission to cheating on regulatory emissions tests involving millions of cars, Germany's top court will on Monday finally rule in a battle over compensation for…
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
Andrew Liveras doesn’t know what he’s up against
He’s getting some nice press though:
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:
Smartphones: the perfect gateway into the trading world [Sponsored]
It used to be the preserve of the financial expert or city worker, but trading in stocks and shares has recently become accessible to...
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.
Vizag gas leak: Andhra Pradesh HC directs to seize premises of LG Polymers
"The premises of the Company shall be completely seized and no one will be allowed to enter including the Directors of the Company," the Court directed
‘Days Of Our Lives’ Weekly Preview Spoilers: Pregnancy Shocker, Love Triangles, & A Proposal
Days of Our Lives is gearing up for a very big week. The latest weekly preview video reveals that fans can expect a high level of drama for the new batch of episodes. In the clip, fans see Eric Brady ...
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.
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.
Punjab: Led by former MP, Patiala group gives ‘dignified farewell’ to migrants leaving state
The 'Corona Helping Group' was born after a group of residents from Guru Nanak Nagar Colony and some employees of the Diesel Loco Modernisation Works (DMW) unit of Railways in Patiala came together and started collecting funds to help migrants.
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...
Will The Pandemic Mean Less Age Discrimination For Boomers?
An anonymous reader quotes Psychology Today's "Boomer's 3.0" blog: More and more companies, especially those in the tech sector, are wisely concluding that the physical infrastructure constructed to put employees together in a building is largely inefficient if not unnecessary. Beyond the potential...
HHS's Azar: 'Very Credible Objective' to Have Coronavirus Vaccine by End of 2020
During an appearance on Fox News Channel's "Sunday Morning Futures," Health and Human Services Secretary Alex Azar weighed in on the possibility of a COVID-19 vaccine by the end of 2020 after the CEO of pharmaceutical company AstraZeneca voiced his confidence the company could deliver 100 million doses of coronavirus vac | Clips
Energy efficient lighting being rolled out in Moorabool
WORKS have commenced on upgrading almost 2000 public lights in Moorabool Shire, to be both more energy and cost efficient. Powercor recently began the three m...
Only technology exports can secure Australia’s future
Australia finds itself at a historically significant moment. But continued heavy dependence on the export of raw materials to one significant buyer poses an existential risk to our lifestyle.
Senior markets operative jumps ship to MST Financial
Gerard Satur's MST Financial has made another high-profile hire.
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
Reliance Industries launches JioMart service across cities, offers discounts: Here's how to buy groceries, place an order
Customers can now log on to the newly-launched website jiomart.com to place an order
Fire fighters say they 'can't be thanked' with cuts
Nicola Sturgeon and Boris Johnson were sent letters calling for budgets to be protected.
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
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.
Insider Trading? OmiseGo (OMG) Surges 200% Just 15 Minutes after Coinbase Listing, but then Crashes Immediately
San Francisco-based cryptocurrency exchange Coinbase began supporting trading with OmiseGo (OMG) on May 21, 2020. The OMG token price surged 200% in only 15
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
Never let a good crisis go to waste: How our food sector can save NZ's economy
The world will always need food, and New Zealand is enviably positioned to capitalise on this, writes future foods expert Rosie Bosworth – but we need to take a few big steps first. It’s a bittersweet moment for New Zealand. As a nation we’ve collectively worked hard to successfully flatten the
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.
People impact of Lagos State budget review
At the outset of the current fiscal year, the State House of Assembly approved a N1.168-trillion worth budget meant to impact lives and enhance the standard of living of Lagosians.
FMF, others list strategies to curb impact of coronavirus in real estate
Following the impact of the coronavirus pandemic on the real estate sector, stakeholders including five chief executives in the mortgage finance industry have move to cushion the effect on the average Nigerians seeking decent and affordable housing in the country.
One of New Zealand's largest media organisations is being sold for just $1
The organization Stuff prints many of the nation's daily newspapers and runs a popular news website of the same name. It employs about 900 staff, including 400 journalists. Owned by Australia's Nine Entertainment, Stuff faced financial challenges before the coronavirus pandemic struck and has since seen advertising revenues plunge.
India Inc goes back to work with safety measures, strict 'no AC’ rule & plenty of social distancing
These business leaders share the protocols they have set in place as they reopened their workplaces.
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.
Business sentiment rises but Covid-19 concerns persist
‘Nobody is losing the run of themselves’ but they see light ahead, says Bank of Ireland
Test Research upbeat about 1H20
Test Research (TRI), which provides automatic test and inspection tool solutions, has landed a pull-in of orders for networking and server applications since the fourth quarter of 2019. The order pull-in momentum is expected to persist throughout the first half of 2020, according to the Taiwan-based company.
FRSC to Ogun: Relocate Ota toll gate motor park, market
The Unit Commander of FRSC, Akeem Ganiya, made the appeal in an interview with the News Agency of Nigeria in Ota.
Lockdown: Nightclubs shut, operators dragged to court in Abuja
This was revealed by the Chairman of the enforcement team, Ikharo Attah, on Sunday when he spoke with newsmen
Some business risks can be prepared for in advance
Corporates will now need to fast track learning from pandemic-enforced disruptions too
Going viral: Day 57 of being in a COVID-19 lockdown
This is what life is like in social isolation in Ireland
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
Court rules $51 million RFS donation cannot be distributed to other charities
The extraordinary sum was raised on Facebook by comedian Celeste Barber during the bushfire crisis.
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.
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.
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.
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.
Hamburg privacy boss calls for overhaul of EU privacy rules
Johannes Caspar said the failure of EU agencies to cooperate had undermined GDPR.
Asian shares reverse early gains, eyes on China-US trade relations
MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.1% after starting higher with China's blue-chip CSI300 index down 0.2%. Hong Kong's HSI index dived 1.4% to a two-month low after sinking 5.5% on Friday.
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...
Seven questions with Stuart Welch
Alphinity's Stuart Welch talks about why Cochlear has been disproportionately hurt during COVID-19, and why he prefers Transurban to Sydney Airport.
[VIDEO] Nintendo Power Glove Hacked by Sam Battle for his Modular Synth Setup
Nintendo's legendary Power Gloves were hacked by Sam Battle, aka 'Look Mum No Computer,' for his modular synth setup. He can adjust electronic tunes by just moving his fingers.
Bayer Reaches Deals on Big Share of 125,000 Roundup Weedkiller Suits
Bayer AG has reached verbal agreements to resolve a substantial portion of an estimated 125,000 U.S. cancer lawsuits over use of its Roundup weedkiller, according to people familiar with the negotiations.
EUR/USD: Bulls need a better-than-expected German IFO Expectations Figure
EUR/USD is looking to extend its two-day losing run on Monday amid the broad-based demand for the American dollar. Even gold, a classic safe-haven ass
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
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
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,
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
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
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
How will the economic 'cold war' between China and the US end? - Radio
Jonna Bianco, founder of the American Bondholders Foundation, talks about the ways to solve the crisis between the two powers.
Farmers and forest owners bristle at politicians screwing the scrum so that forest owners subsidise the domestic wood processing industry, potentially resulting in trade retaliation from export markets
Farmers and forest owners bristle at politicians screwing the scrum so that forest owners subsidise the domestic wood processing industry, potentially resulting in trade retaliation from export markets
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
CEO buys struggling New Zealand media company for $1
The organization Stuff prints many of the nation’s daily newspapers and runs a popular news website of the same name. It employs about 900 staff, including 400 journalists.
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.
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:
‘Never waste a crisis’: inside Saudi Arabia’s shopping spree
The $325bn Public Investment Fund has spent billions on overseas deals this year even as the kingdom’s economy struggles
European consumers stockpile savings, adding to economic drag
Bank deposits surge as households seek to shield themselves from impact of coronavirus
Rolls-Royce increases price-cuts pressure on suppliers
Big equipment makers turn to strained supply chain for savings
Florida can’t stop poor felons from voting, federal judge says
A federal judge declared unconstitutional parts of a Florida law that would require people with felony convictions to pay off financial obligations before regaining their right to vote, paving the way for hundreds of thousands of Floridians to register to vote.
Group alleges fresh evidence of N25 billion spending on imaginary road repairs by NDDC
Fresh allegation of extra-budgetary spending is rocking the Niger Delta Development Commission (NDDC) as a group has accused the agency of spending N25 billion on regional contingency road repairs not appropriated for in the 2019 fiscal framework.
Nigerians abroad urged to pressurise UK government on Madueke’s repatriation
Acting Chairman of the Economic and Financial Crimes Commission (EFCC), Ibrahim Magu, has urged Nigerians in the United Kingdom (UK) to pressurise
Makinde, others laud facility managers’ role in COVID-19 crisis
The Oyo State Governor Seyi Makinde has lauded facility managers for their contributions to health, safety and productivity of people during ongoing CoVID-19 crisis. Makinde noted that as with governance, people hardly commend facilities managers when things are going right, but immediately the ‘ball drops’, everyone remembers their roles. The Governor stated this during the […]
How coronavirus impacts buyers in real estate market
Notwithstanding the positive outlook for the Nigerian property market in 2020, the COVID-19 pandemic has impacted negatively on the market, leaving property investments in disarray.
Why House of Representatives resolved to probe Chinese loans
A Peep into the mindset of House of Representatives’ member, Hon. Ben Rollands Igbakpa offers an insight as to why the lower legislative chamber resolved
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...
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.
Renault could disappear without a bail out – report
The French brand's 122-year history could be at stake according to a key decision maker.
Court rules $51 million RFS donation cannot be distributed to other charities
The extraordinary sum was raised on Facebook by comedian Celeste Barber during the bushfire crisis.
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.
Why Southern Nigeria should sleep with an eye open, by Joseph Udo
From my research, the second group is of the view that individuals arrested in the misadventure to the South do not appear like people who can afford to pay the fare for such trips, which means they have sponsors. And of course, those sponsors have assignments for them to undertake when they settle down in the South
NNPC lists parameters for employment, career progression; makes new top appointments
Explaining the parameters, NNPC Group General Manager, Group Public Affairs Division, Dr. Kennie Obateru, stated that the basic academic requirement for newly employed Graduate Trainees in the corporation is a minimum of a Second-Class Upper Division or an Upper Credit for Higher National Diploma certificate holders
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
How investment in nature can help the North's economy recover after lockdown
Natural assets are one of the North's greatest strengths, says IPPR North
Closed mosques, no hugs: Subdued Eid celebrations in India as Coronavirus grips nation
With religious places shut due to the COVID-19 pandemic, people across the nation celebrated a subdued and somber eid, striving to 'connect hearts' instead of embracing each other.
Need to convert development into mass movement: NITI Aayog's Rajiv Kumar
There is a need to convert development into mass movement, and India should aspire to become second or third largest economy in the world by 2047, Niti Aayog Vice Chairman Rajiv Kumar said on Sunday.
Plant-based 'meats' catch on in the COVID-19 pandemic
Meat industry's troubles may have provided a boost for plant-based meat substitutes
Court rules comedian’s bushfire fund can’t go to victims, wildlife
A court has ruled millions of dollars raised during the bushfire crisis by comedian Celeste Barber, cannot be distributed to charities or other States to help people and wildlife. The money also can’t…
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.
CBN sets 2022 deadline for MfBs’ N200m recapitalisation
Central Bank of Nigeria (CBN) has set April 2022 deadline for tier-1 Microfinance Banks (MfBs) to achieve N200 million minimum capital base....
Dancing with disinfectant: China’s nightclubs back in the groove
SHANGHAI, May 25 — Nightclubs in China have mostly come back to life as owners and customers feel increasingly comfortable the novel coronavirus epidemic is under control, but disinfectant, disposable cups and masks have become part of the experience. At 44KW, a club for electronic music lovers...
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.
Telford firm boosts PPE supply with 3D printing
A manufacturing service provider has produced hundreds of face shields for distribution into the NHS.
'Time is right' to reopen Newport railway line as work continues on innovation park
Work is continuing on the high-tech Newport Innovation Park under the lockdown.
MP's plea to help Young Farmers
An MP has called on the Government to give a share of a new £150 million fund for charities to Young Farmers' clubs in Shropshire, saying they are on course to lose £50,000 this year due to the coronavirus outbreak.
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.
Bayer reaches deals on big share of 125,000 roundup weedkiller suits
Bayer AG has reached verbal agreements to resolve a substantial portion of an estimated 125,000 U.S. cancer lawsuits over use of its Roundup weedkiller, according to people familiar with the negotiations.
Virus vaccine maker's bubble bursts after stock crashes
The bubble continued to burst in shares of CanSino Biologics Inc., which fell a record 28% Monday even after positive early data on its COVID-19 vaccine candidate.
Tim Wilson wants fresh inquiry into Hostplus conflicts
The federal MP has asked regulators to investigate 'vertical integration' in the industry superannuation sector.
Bloodied Mayfair tries recruiting investors against ASIC
The upstart investment outfit, which owns Dunk Island, also claims the appointment of receivers to one entity is "premature and imprudent".
Regal, Tribeca-backed Trident Resources mulls spearing the ASX
There could be a new type of mining exposure heading Down Under before too long.
Spend the $60b windfall on bigger stimulus
If the Treasury still thinks we are headed for a recession, the JobKeeper underspend should be used to pump-prime the economy.
China's trillions towards tech won't buy dominance
China wants to bring technology into its mainstream infrastructure build-out and, in the process, heave the economy out of a gloom due only partly to the coronavirus.
Western Area grabs big stake in rival nickel miner
There's a fresh twist in the saga over the future of Zeta Resources, Andrew Forrest-backed nickel miner Panoramic Resources.
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 →
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
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
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
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.
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
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.
KKR becomes Jio Platform's fifth investor in five weeks | ZDNet
Bringing the amount of investment made to ₹78,562 crore during this recent investment cycle.
How coronavirus might hit EU defence spending
Among the casualties of coronavirus - worldwide and in the EU - is the defence sector. However, the Covid-19 pandemic has not made the world a less dangerous place and there is no alternative to having a functioning defence system.
Indian Fintech Zaggle Teams Up With Visa to Develop Payments Solutions for Local Startups and SMEs
Indian Fintech firm Zaggle has teamed up with Visa in order to support various payments solutions for SMEs. Both companies will work cooperatively to develop
Sanity, at last, in government’s lockdown plan
Compare the draft regulations leaked over the weekend to the original “framework for sectors” published for comment and it's clear that these are level 3 in name only; we’ve all but skipped right to level 2.
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.
US farmers worried as crop prices dip
Market disruptions have been caused by the Covid-19 pandemic.
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.
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.
This Week: New home sales, US GDP, consumer spending
A look at some of the key business events and economic indicators upcoming this week:
Normal People's Paul Mescal Is Raffling Off A Personal Chain For Pieta
Normal People star Paul Mescal is raffling off a chain to raise money for Pieta.
Aston Martin chief to leave, Mercedes-AMG CEO to replace him: source
(Reuters) - Aston Martin (AML.L) Chief Executive Andy Palmer is leaving the business as part of a management shake-up and will be replaced by Tobias Moers, CEO of Mercedes-AMG, a source familiar with the matter told Reuters on Sunday.
Dancing with disinfectant: China's nightclubs back in the groove
SHANGHAI (Reuters) - Nightclubs in China have mostly come back to life as owners and customers feel increasingly comfortable the novel coronavirus epidemic is under control, but disinfectant, disposable cups and masks have become part of the experience.
1st deadlines for laid-off workers to get health insurance
People who lose workplace insurance generally have 60 days from when their coverage ended to apply for an ACA plan.
Bad experiences in Derbyshire supermarkets during coronavirus lockdown
Staff and customers have revealed the problems they've faced
Coronavirus impact: India's retail trade lost Rs 9 lakh crore of business amid lockdown, says CAIT
CAIT Secretary General Praveen Khandelwal said during the span of 60 days of national lockdown, the domestic trade has lost business to the tune of about Rs 9 lakh crore, causing a revenue loss of about Rs 1.5 lakh crore to both the central and state governments on account of GST
New Zealand's media firm Stuff to be sold for a single dollar to its CEO
The organization Stuff prints many of the nation's daily newspapers and runs a popular news website of the same name. It employs about 900 staff, including 400 journalists
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
Hacker selling customer data of 3 crypto wallets, 1 investment platform
Data of customers who allegedly purchased products using Shopify from these crypto wallets have been compromised
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
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.
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.
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.
Reliance starts trials of JioMart shopping portal across India
The JioMart shopping app is available via Facebook Inc’s WhatsApp, which in India has about 400 million users.
Gorakhpur teacher suspended over ‘pro-Pak lines’ during online class
Shadab Khanam was trying to explain nouns to students of Class IV when she posted the alleged “pro-Pak” sentences on a WhatsApp group.
Updated Metroid Prime Trilogy Nintendo Switch Listing Suggests an Unexpected Release Next Month
An updated Metroid Prime Trilogy Nintendo Switch listing suggests that Nintendo is gearing up to release the trilogy as early as next month.
A longer JobKeeper will keep people in fake jobs
Extending JobKeeper for businesses that can't stand on their own two feet by September, will stop the shift of people out of dead-end illusory jobs that are sadly never returning.
IOOF class action dropped but legal woes remain
IOOF has reached a settlement to end the Supreme Court case commenced by Quinn Emanuel on behalf of IOOF shareholders but separate proceedings initiated by Shine Lawyers are ramping up.
Labor senator calls for ASIC investigation into Rex
Tony Sheldon says the company's "failure to inform the ASX ... flies in the face of Australian corporate standards".
Best month for Brent in 21 years overshadows US-China feud
Investors will be relying on a rebound in global demand for crude to support prices, as US-China tensions threaten to derail the oil market's recovery.
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.
When is the German IFO survey and how it could affect EUR/USD?
The German IFO survey for May is due for release later today at 0800 GMT. The headline IFO Business Climate Index is seen firmer at 78.3 versus 74.3 p
WTI: Off daily highs, still above $33.00, as US-China tension looms
WTI drops to $33.45, down 0.6%, while heading into the European session on Monday. The black gold recently benefited from the news suggesting ease of
Australia’s Treasurer Frydenberg: Wil not make wholesale changes to wage subsidies
In an interview with local broadcaster Seven Network on Monday, Australia’s Treasurer Josh Frydenberg said that the government has no plans to make “w
Senior Living: Having a will makes good sense, but many still need one
Most people know the value of having a will, but I am still surprised by how many people who still don’t have one
‘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
British Flairjet to pay N1 million penalty for Nigeria's airport violation - Official
FlairJet, a British private charter company, which is also an affiliate of Flexjet, is to pay N1 million for violating COVID-19 airport directives in Nigeria.
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.
Commentary: The biggest restructuring exercise facing Singapore businesses has just begun
From F&B to retail and fitness, winning Singapore businesses know they must shift gears and rethink their business models to thrive in a pandemic ...
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 ...
'We have to ration our meals': Malaysians share their struggles after COVID-19 left them jobless
CNA spoke to five Malaysians who were left unemployed because of the COVID-19 pandemic. It has been a daunting experience having no income to make ...
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 ...
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 ...
Mick already has a job, so why is he being forced to go to interviews?
A cleaner paid JobKeeper was convinced by an employment agency he needed to sign a contract promising to attend interviews – even though he has a job.
On This Day: Millions of Americans formed a human chain for charity
On this day in 1986, long before 'social distancing' was part of our vernacular, more than five million held hands to form a human chain.
Greece resumes island ferry services in bid to salvage summer tourist season
Travel to the islands had been generally off-limits since a lockdown in late March.
They'd rather sleep outdoors
Gordon Kelter has something to fear more than not having a bed to sleep in at night — catching COVID-19.
Lionel Messi casts doubts as Barcelona want surprise striker
Barcelona's hunt for a striker continues as a new name enters the mix. As reported by Don Balon, Barcelona are also considering the possibility of having A...
NHS worker helping coronavirus patients was ‘ripped off’ over a bike from Mike Ashley’s House of Fraser
AN NHS physio helping Covid-19 patients claims she was ripped off over a bike bought from ex-Rangers shareholder Mike Ashley’s House of Fraser. Marie Gregory ordered a £250 Muddy Fox model — but wh…
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.
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 »
No break for nature? Here’s how Covid-19 crisis is harming the world’s forests
Trees are more likely to be felled for food and fuel as a third of the world’s population still depend on wood to cook. The Covid-19 lockdown could exacerbate this.
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.
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.
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 strangers on the...
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
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
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
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
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
Realme Watch is a budget smartwatch that monitors blood oxygen saturation levels
The Realme Watch has been unveiled in India, and there's a lot to like. The smartwatch has a 1.4-inch LCD panel and monitors blood oxygen saturation levels and 24/7 heart rate tracking. With the Realme Watch going on sale shortly for just ₹3,999 ($52), it could just be the budget smartwatch to beat in India.
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...
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...
Nation Media Issues Profit Warning As Covid-19 Effects Eat Into Revenues
The Nation Media Group (NMG) on Friday issued a profit warning to its investors, citing reduced revenues due to the effects of Covid-19 pandemic.In a statement to shareholders, NMG chairman Wilfre
Bin blaze damages window at premises in Telford
A wheelie bin caught fire behind a property in Telford damaging a window.
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...
What's Open And Closed On Memorial Day 2020
Monday is Memorial Day. While all the days might be blurring together right now, the day is a federal holiday, which means some places might not be open that typically have been recently....
New Balance's MTL575 Made in UK Is a Bold Nod to Harajuku
Inspired by Tokyo's '60s-era TVs and Japan's national flag.
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.
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.
Why Target ended up a $3.6b black hole
It's a constant in Australian retail that Target and Kmart didn't fire at the same time, even before the arrival of fast fashion retailers and online shopping.
JobKeeper fuels 'major hunger' for new sneakers
Young Australians flush with JobKeeper cash are leading a boom in discretionary online spending, retailers say.
Investors are underestimating Beijing's response to the pandemic
Beijing has little choice but to support the Chinese economy, even if it is reluctant to go as far as it did during the financial crisis.
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.
USD/JPY clings to gains near 50-day SMA, bulls await a move beyond 108.00 mark
The USD/JPY pair edged higher on Monday and was last seen trading near the top end of its daily trading range, around the 107.70-75 region. The pair m
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
EUR/USD: Time to buy a ticket for the 1.20 level – Nordea
It is probably too optimistic to expect both common EU debt and a widespread regulatory roll back, but it may be worthwhile buying a EUR lottery ticke
GBP/USD: No reasons for sterling to spring back up
While Brits are enjoying their spring bank holiday – albeit under lockdown restrictions – sterling may continue suffering, according to FXStreet’s ana
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
Confusion prevails over online sale of liquor
No online service providing agency will be entrusted with liquor trade. Liquor shop owners will take orders from 7 am to 1 pm and deliver the product home within 7 pm.
Over 30,000 get jobs under MGNREGS in Sambalpur
Terming it as a significant achievement, district coordinator of MGNREGS Sobhit Bishi said it is for the first time that such large number of people have been engaged under MGNREGS in the district.
How to find out when your home will be worth £1million
Zoopla has a calculator which will tell you which year your property's value will hit the million pound mark
Top German court grants buybacks for VW diesel car owners (Update)
A top German court ruled Monday 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" ...
Biden wants Amazon to 'start paying their taxes'
Former Vice President Joe Biden has renewed his criticism of e-commerce giant Amazon, once again turning the company into a political football that has been kicked around by presidential candidates on ...
CEO buys ailing New Zealand media giant for one dollar
Struggling New Zealand media giant Stuff Limited was sold in a management buy-out deal for the symbolic fee of NZ$1.00 (US$0.61), the group's Australian owners Nine Entertainment announced Monday.
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
The new normal: How coronavirus pandemic is changing consumer behaviour
Feedback Insights, a Bangalore-based research firm, conducted a survey that brings to light the consumer behaviour patterns that will reshape the economy in the post-Covid-19 world.The survey in which
An office designer explains how workplaces will change after the coronavirus – and, yes, hot desking is dead
When it’s all said and done, hot desking will be the least-mourned casualty of the coronavirus.
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 ...
Report: Mikel Arteta ‘dreams’ of signing Philippe Coutinho but £71m a big stumbling block
Arsenal's Spanish boss is seemingly a big fan of the Barcelona star.Arsenal's Spanish boss is seemingly a big fan of the Barcelona star.
Suncor - Immediate Action Will Mean Stronger Returns
Suncor Energy is an incredibly well positioned Canadian oil major. The company's FFO / share is better than most oil majors. The company's financial health is q
Whether To Give Up Dumpster Diving
I discuss the news that Tuesday Morning could file for bankruptcy this week. I reflect on the prospect of quitting 'dumpster diving.' I share a painful lesson o
China's pork imports in April jump 170% to record high
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.
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.
Here’s Why The $51 Million Celeste Barber Raised With Your Help Can’t Be Shared Around
The Supreme Court ruled that $51 million Celeste Barber raised for the NSW RFS can't be shared with other states and agencies. Here's why.
Route cleared for GasLink
Clearing for the first two spreads of Coastal GasLink pipeline construction through the Peace region is nearly complete.
Win wants Meralco to issue more transparent electric bill
SENATOR Win Gatchalian has urged the Manila Electric Company (Meralco), the country’s largest distribution utility, to come up with a separate bill that is more transparent and will be very clear to the consumers, following mounting complaints of sudden surge in supposed electricity consumption for the month of May.
Supply disruption in China a great opportunity for India: USIBC's Nisha Biswal
The amount of new spending in the economic relief package is relatively low, about 1-2% of India’s GDP, which is far lower than the stimulus packages announced in the US and other major economies
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
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.
Court rules $51 million RFS donation cannot be distributed to other charities
The extraordinary sum was raised on Facebook by comedian Celeste Barber during the bushfire crisis.
Supply disruption in China a great opportunity for India: USIBC’s Nisha Biswal
While a single national market for agriculture and steps to create an efficient energy space are welcome, the prohibition on … Supply disruption in China a great opportunity for India: USIBC’s Nisha Biswal Read More »
Virgin Media Ireland announce €1 Million fund to help businesses nationwide
Virgin Media has today launched a €1 Million support fund as part of its #BackingBusiness initiative to boost Irish businesses nationwide.
With suitcase and bikini emojis, Spain urges tourists back from July
Spain urged foreign holidaymakers on Monday to return from July as one of Europe's strictest lockdowns eased, but tourism businesses were sceptical about salvaging the summer season. "It is perfectly coherent to plan summer vacations to come to Spain in July," Tourism Minister Reyes Maroto
KBC staff sue over pension funds
Broadcaster says it’s unable to pay the sum at once.
UoN to get lion’s share of Sh6.6bn salary raise
Parliament approved the payment in a supplementary budget last month.
COVID-19 cases in Nigeria double almost every week — but there is good news
Cases of COVID-19 have at least doubled almost every week since the outbreak of the disease in Nigeria back in February, TheCable
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.
Deficit monetisation: Is it really as simple as RBI printing more money?
India has a comfortable foreign exchange reserves of $487 billion currently.
Manchester United dealt huge blow in extending ace’s deal
Manchester United have been dealt a severe blow in their bid to extend striker's deal
Greece resumes island ferry services in bid to salvage tourist season
More than 34 million visitors travelled to Mediterranean country last year
Asian stocks subdued after China imposes new law on Hong Kong
Global financial markets already struggling to deal with huge economic uncertainty
Nordic investors turn up heat on coal in climate campaign
OSLO/LONDON (Reuters) - Five years after first ditching some coal companies, Nordic investors are turning their focus to bigger carbon emitters in a range of industries, paving the way for other funds to follow.
Pachinko upgrades to boost NAND flash demand
Upgrades in Japanese-made pachinko game machines are set to play a driver of NAND flash demand growth in 2020, according to industry sources.
Moving production lines out of China is uneasy
Taiwan-based electronic component supply chain makers have come under pressue to move production lines out of China in the wake of the US-China trade war and coronavirus pandemic, but they have claimed relocation is not easy mainly because of the high cost incurred.
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…
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.
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.
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
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
Brand loyalty no more? Regional brands take larger pie in times of Covid
Local products gain market share as bigger FMCG companies struggle with supply chain issues
Delhi has Covid-19 under control, says Kejriwal as cases increase in city
Kejriwal also said there are 250 ventilators with the government and only 11 are being used
Bushfire-hit Australians still in tents as virus slows recovery
Six months after Australia's bushfire crisis and some 6 hours away from Sydney, scores of people still live in limbo
Argos online bank holiday sales: today's best home, garden and tech deals
We're bringing you all the very best Argos online bank holiday sales, deals, discounts and much, much more.
Frydenberg moves to shield boards from class action lawsuits
Directors will be relieved from strict obligations to keep investors updated after the Morrison government eased disclosure rules to shield boards from lawsuits.
'Very weak': Labor warned over Victoria's credit status
Ratings agency Standard & Poor's is worried about post-COVID debt, deficit and public sector wage bill.
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.
Revealed: the other woman in Thami Ndala’s life, Lerato’s Ex-Husband
Lerato Kganyago's ex-husband haunted by former lover Nokulunga Shabangu,25, who allegedly dragged him to cver assets at their love nest in Fourways suburb.
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.
Mastercard sees 200% jump in contactless payments, says it is healthiest option now
During the pandemic, Indians have started rethinking how to handle the cash, as many fear currency notes might be an easy vehicle in spreading the infectious disease.
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...
Immigration D-G: 207 undocumented migrants tested positive for Covid-19 in Malaysia
KUALA LUMPUR, May 25 — A total of 207 of the 13,929 undocumented migrants detained at three Immigration Detention Depots in Peninsular Malaysia have been found to be positive for Covid-19 infection. Immigration Director-General Datuk Khairul Dzaimee Daud said 110 of those infected have been sent...
LETTER: We need more time to negotiate with EU
A reader shares their thoughts on extending the time to negotiate with the EU.
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...
‘Appalled’ judge sentences pastor for theft from Oso victims
“God only knows what darkness in (Gary) Ray’s soul has caused him to do these things,” the judge said.
Stillaguamish Tribe gives $1M to food banks, fire services
“I had to do a double take,” said the director of the Stanwood Camano Food Bank, which received $300,000.
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.
Virtual Reserve Bank cash cut lowers rates
A virtual easing of monetary policy by the Reserve Bank – which has allowed money market rates to fall to almost half the official 0.25 per cent target – is helping lenders reduce mortgage rates to record low levels.
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.
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.
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.
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 →
Claims poaching and fly tipping rife at Perthshire and Fife reservoirs
A fisheries manager says the coronavirus crisis has been "a nightmare" with reservoirs in Fife and Perthshire plagued with poaching, fly tipping, and anti-social behaviour during the lockdown.
‘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.
GBP/USD: Bad news on all fronts – Rabobank
Sterling is facing pressure on a variety of fronts. The prospect of more monetary policy stimulus, a deep recession and political uncertainty is set t
GBP/USD: Falling this year before a very modest rebound in 2021 – HSBC
GBP is particularly vulnerable in a world driven by fiscal dynamics. The UK's status as a foreign debtor and the resurfacing of Brexit create further
EUR/USD: Geopoliticals risks can send the euro down
EUR/USD has been under pressure amid intensifying Sino-American tensions while objection to the Franco-German plan is weighing on the euro. Yohay Elam
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
WTI consolidates the bounce above $33 mark amid intensifying US-China tensions
WTI (July futures on Nymex) is defending minor bids on the 33 level after having failed several attempts to take out stiff resistances aligned near th
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
The social enterprise at work: Paradox as a path forward
Deloitte Study: When Resilience Can Determine Organizational Survival, Only 16% of Business Leaders Expect to Significantly Increase Investment in the Continual Reinvention of the Workforce Over the Next Three Years With COVID-19 creating urgency around workforce reinvention, it’s clear that while organizations have doubled down on investments in technology over the past decade, many have […]
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.
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 ...
Walmart - Impressive, But Not Impressive Enough
Walmart has seen specular first quarter numbers, but more so in terms of sales than actual profits. E-commerce sales grow rapidly, yet this same trend, stores d
JobKeeper to be reviewed – but Treasurer rules out expansion
The Treasurer has hinted there might be more support for the tourism sector after a $60 billion accounting error in JobKeeper payments was uncovered.
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.
Slump in consumption, exports push Germany into recession in Q1
A slump in capital investments, private consumption and exports pushed the German economy into a recession in the first quarter, detailed data showed on Monday, giving a glimpse of the damage caused by the coronavirus pandemic.
Diabetics may need to shield at home against coronavirus even after lockdown ends
Almost one in three people who died from Covid-19 in hospital had diabetes and sufferers are now considered one of the groups most vulnerable to the disease
CFA 'never sought' slice of Celeste Barber's $51 million fundraiser
Court rules that $50 million raised by comedian cannot be given to groups other than the NSW Rural Fire Service, but Victoria's CFA says it never lobbied to receive a share
Frydenberg moves to shield boards from class action lawsuits
Directors will be relieved from strict obligations to keep investors updated after the Morrison government eased disclosure rules to shield boards from lawsuits.
'Very weak': Labor warned over Victoria's credit status
Ratings agency Standard & Poor's is worried about post-COVID debt, deficit and public sector wage bill.
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 »
Four ways to create more diversified and resilient portfolios
Those who use an array of strategies will be more prepared for whatever the future holds as we emerge from COVID-19
A last resort to save tourist season: 'Travel bubbles' emerge as solution to Europe's summer woes
Facing the loss of a significant part of their economies, some countries in Europe are banding together to ease travel restrictions and avoid quarantines.
What Sticks? Five Data-Driven Behaviors That Will Define America’s Reopening
PYMNTS has populated the current landscape with data-driven research to answer the critical question: Which consumer behaviors will stick through recovery?
FinTechs Help Main Street Find Its Footing
Social distancing and changes in consumer habits have SMBs investing in FinTech and embracing business model flexibility to preserve revenues.
Kobe Bryant’s 11-month-old daughter Capri takes her FIRST STEPS in heartwarming video with mom Vanessa
The 37-year-old shared the candid video to her Instagram yesterday, which saw her 11-month-old walking from her aunt to Vanessa. Clad in a sweet pink outfit, Capri received a round of applause as she took multiple steps without help and maintained her balance.
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
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...
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.
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.
View: China's crypto is all about tracing — and power
Digital yuan trials are taking place just as Covid deepens mistrust with the US.
CFA 'never sought' slice of Celeste Barber's $51 million fundraiser
Court rules that $50 million raised by comedian cannot be given to groups other than the NSW Rural Fire Service, but Victoria's CFA says it never lobbied to receive a share
Frydenberg moves to shield boards from class action lawsuits
Directors will be relieved from strict obligations to keep investors updated after the Morrison government eased disclosure rules to shield boards from lawsuits.
'Very weak': Labor warned over Victoria's credit status
Ratings agency Standard & Poor's is worried about post-COVID debt, deficit and public sector wage bill.
Bayer says it makes progress in settlement talks over weedkiller
FRANKFURT (Reuters) - Bayer said on Monday it had made progress seeking a settlement over claims its glyphosate-based Roundup weedkiller causes cancer, after Bloomberg reported the company reached a verbal agreement on about 50,000 to 85,000 cases.
At least 23 million migrants are returning to India’s villages. Can the rural economy keep up?
The country’s villages are already grappling with hidden unemployment.
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
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...
'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.
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.
Employees Provident Fund calculation: How much more you will take-home after PF rules change for COVID-19
EPF calculation: In the CTC salary model, take-home pay goes up by 4% of wages before tax, but for others hike in take-home is at the cost of reduced total salary.
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.
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
Madagascar: Sahofika hydropower BOOT scheme to get 4 million Euro loan
The Sahofika hydropower project entails the construction of a 205MW hydroelectric power plant on a Build-Own-Operate-Transfer basis.
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...
Safaricom Foundation Partners With Scope International to Install Sanitation Booths in 6 Counties
Safaricom in partnership with Scope International have installed sanitation booths in the counties of Homabay, Siaya, Migori, Kisii, Bungoma and Busia to help curb the spread of COVID-19.The sanitat
Furloughed Eurostar workers helping language students during school closures
Train drivers are among the staff who are hosting online sessions to help pupils maintain their skills while studying at home.
Need to know: Monday
The coronavirus pandemic is dominating global markets, business and politics. Here's our daily take on the most important stories, and some things to watch out for.
Health, leisure worst hit by 'double dipping' ruling
A Credit Suisse analysis has found a ruling that grants regular casuals paid leave could see some industries' holiday pay bill climb by hundreds of millions of dollars.
Adobe’s top tips to adapt your commerce strategy during the pandemic
Making clear and factual statements, meeting customer commitments, and ensuring business and operational continuity is more important than ever
Aston Martin CEO Being Replaced With Mercedes-AMG CEO
Having struggled over the past several months, the coronavirus pandemic has exacerbated problems for Aston ...
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.
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.
60 days, 56-fold growth: India now second largest PPE manufacturer
According to Invest India, the government company, India has become the second largest maker of PPE kits, considered key to fight Covid-19. It has said India achieved this feat in two months.
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
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
USD/CAD: Oil to refrain the loonie recovery – CIBC
Oil prices are still sitting at low levels, and the trend back to risk assets looks vulnerable, so analysts at CIBC Capital Markets don’t expect the l
Skoda Vision IN (Kliq/Kosmiq) Launch Likely Delayed To Next Year
Skoda Vision IN based production mid-size SUV could be powered by a 1.5-litre turbocharged TSI petrol engine
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
NZD/CAD: Downside Pressure Likely
NZD/CAD is a risk-neutral pair, owing to the fact that both NZD and CAD are often considered commodity currencies. Since CAD is more exposed to the oil market,
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
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
OH SHIT: White Claw, The OG Dumb Bitch Juice, Is Finally Coming To Oz
Don't freak out but White Claw hard seltzer is coming to Australia from October, so I guess that'll be our drink of choice this summer.
Furloughed Eurostar workers helping language students during school closures
Train drivers are among the staff who are hosting online sessions to help pupils maintain their skills while studying at home.
$26M for city staff payroll
The City of Vernon has disclosed its council and staff payroll for 2019, showing over $26 million in total payments for the last calendar year.
Petition for paved path
The Pineview Valley Community Group is looking for some more pavement in their neighbourhood.
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.
British Airways 'to axe thousands of cabin crew workers and rehire them on half the pay'
The airline, which has been slammed by unions over the past 24 hours, is reportedly in talks for a new restructing just weeks after confirming plans to sack 1,130 pilots
Man Utd could lose Odion Ighalo next week as Shanghai Shenhua want him back
The Chinese Super League season is due to start next month and talks over extending Ighalo's loan contract have reached a standstill between United and Shenhua
What every Canadian investor needs to know today
A look at the morning’s market action
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
Fire at Bombardier Aerospace plant in Belfast being treated as accidental
A fire that broke out on Sunday, May 24, at the Bombardier Aerospace plant in Belfast, is reportedly being treated as an accident.
Germany stamps authority on Lufthansa with $9.8 billion lifeline
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. Lufthansa has been locked in talks with Berlin for weeks over aid it needs to survive an expected protracted travel slump, with the
Furloughed Eurostar workers helping language students during school closures
Train drivers are among the staff who are hosting online sessions to help pupils maintain their skills while studying at home.
Book sales soar as French lockdown eases
Even so, overall, sales were 60 percent down compared the corresponding period in 2019.
Hard times for Boeing, long a symbol of American might
Boeing, a longtime symbol of American industrial power, was unable to raise the funds to finance its business.
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.
Premier League must share wealth to ensure English football’s survival
Argument top flight should split riches with lower divisions is beyond credible dispute
Nicola McLean reveals she was sexually assaulted by a masseur in her own home
She wants to let those suffering know they can escape from abuse
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.
Charitable runs, walks learn to adapt to crowd limits
PITTSBURGH (AP) — The coronavirus pandemic has forced charities or nonprofit groups to cancel or postpone an untold number of walks and runs that raise money for everything from Alzheimer's...
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...
Pandemic Dining: Temperature Checks, Time Limits, and Dividers
The experience of eating out in Hong Kong illustrates what it’s like to visit a restaurant right now.
Business stands behind government efforts to ease restrictions
Organised business says economic recovery will require innovation and swift action.
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
Queen upsets locals at Sandringham estate by building half-mile 'eyesore' kerb to stop cars parking on roadside
Her Royal Highness, 94, had the 1,000-metre kerb erected at the royal estate near King's Lynn, Norfolk. The foot-high mound has prevented visitors from parking along the grass verge near the house.
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.
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.
Frydenberg’s changes to shareholder class actions smack of ‘cronyism’, lawyers say
The move has been made using emergency Covid-19 powers and favours company directors, they say
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
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
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
Sieze LG Polymers premises, Andhra HC orders over Vizag gas leak case
The premises of the company shall be completely seized and no one be allowed to enter into the premises, including the directors of the company, the court said
Bitcoin Cash Cryptocurrency Does “Not Look Healthy” After April Halving: Analyst
Just over a month prior to the Bitcoin (BTC) block reward halving on May 11th, forked cryptocurrency Bitcoin Cash (BCH) experienced its first-ever
Huawei Kirin 990/980 supply at stake since TSMC 7nm is already at full capacity
Ever since the Huawei US ban has been extended, the company is in the news every day with new developments. One of the latest reports suggests the supplies for 5nm chips by TSMC remain unaffected as the orders were placed before the new sanction. Huawei’s upcoming high-end smartphones, possibly called Mate 40 series is rumored …
Hopeful of returning to work, scores of migrants return home
A number of migrant workers, who have left from Maharashtra's Pune city for their native places after being rendered jobless due to the lockdown, are hopeful that the situation will normalise and they would be able to come back to work.
Dancing with disinfectant: China's nightclubs back in the groove
Nightclubs in China have mostly come back to life as owners and customers feel increasingly comfortable the novel coronavirus epidemic is under control, but disinfectant, disposable cups and masks
2 Social Security Moves That Can Protect Your Retirement From Future Benefit Cuts
Social Security cuts may be on the horizon, but you can still safeguard your retirement.
Japan lifts coronavirus emergency in all remaining areas
Japanese Prime Minister Shinzo Abe lifted a coronavirus state of emergency in Tokyo and four other remaining areas on Monday, ending the restrictions nationwide as businesses begin to reopen.
Germany’s highest court rules VW should offer Dieselgate compensation
Thousands of motorists can now claim damages from the carmaker.
NNPC says top management appointments on merit
The Nigerian National Petroleum Corporation (NNPC) says professional competence, adherence to the principle of transparency and..
JUST IN: 69 Nigerians arrive from Lebanon
Fifty trafficked girls and 19 stranded Nigerians arrived from Lebanon on Sunday night.Their evacuation was at the expense of the Lebanese...
Japan lifts coronavirus emergency in all remaining areas
Japan has so far avoided the large outbreaks experienced in the US and Europe despite softer restrictions.
The effect of GDPR two years on
Today marks the second anniversary of the introduction of the EU's General Data Protection Regulation (GDPR).
Floyd Mayweather appears to flout lockdown guidelines as he's spotted at nightclub
There are growing concerns in Scottsdale, Arizona as legendary boxer Floyd Mayweather was seen flouting coronavirus strict guidelines while attending a nightclu
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.
NNPC says top management appointments on merit
The Nigerian National Petroleum Corporation (NNPC) says professional competence, adherence to the principle of transparency and accountab
Spain to welcome foreign tourists back from July
Spain, on Monday, urged foreign tourists to return from July as one of Europe’s strictest lockdowns eased, with streets gradually filling
COVID-19 Crisis Impact on Youth - Depressed, Lonely and Anxious
People in the EU aged 18-34 report being more likely to feel depressed, lonely, and anxious than those aged 35 and over. They also indicate lower levels of resilience in dealing with problems in life, and a significant decrease in life satisfaction compared to before the Coronavirus (COVID-19) pandemic.
CFTC Positioning Report: EUR net longs at multi-month lows
These are the main highlights of the CFTC Positioning Report for the week ended on May 19th: Speculators trimmed their net longs in the euro to the lo
Unease in Greece as restaurants, cafes reopen
Restaurants and cafes across Greece opened ahead of schedule Monday as the country prepared to launch a shortened tourism season vital to its economy.
'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.
The Nigerian fraudsters ripping off the unemployment system
"Scattered Canary" group is scamming vital benefits programs amid the pandemic.
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
‘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
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
NGOs being starved of funds
Almost all big donations are now being diverted to the PM CARES Fund, as it provides 100% tax exemption and companies’ contributions to the Fund qualify as CSR
New payment to support Kiwis through COVID
Hon Grant RobertsonMinister of Finance Hon Carmel SepuloniMinister for Social Development
“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.
Children Hit By Cyclone Amphan Even More Vulnerable To COVID-19
Children in India and Bangladesh are even more vulnerable to COVID-19 after Cyclone Amphan destroyed the homes and livelihoods of thousands of families.
Volkswagen ordered to compensate motorists in landmark ‘Dieselgate’ ruling
A German federal court judge ruled on Monday that Volkswagen has to pay compensation to motorists who purchased vehicles with manipulated diesel engines, a major blow for the carmaker in its home mar…
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 ...
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 ...
Compression
Risk assets are compressing to Treasuries. Part of this has been the Fear Factor as coronavirus pushed Treasury prices higher as a run towards the safest of hav
100 High Yielders Down Big: These 4 Are Worth Considering
While the tech-heavy Nasdaq 100 nears all-time highs, select big dividend stocks remain attractively priced. This report shares data on over 100 high yield stoc
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.
1st deadlines for laid-off workers to get health insurance
People who lose workplace insurance generally have 60 days from when their coverage ended to apply for an ACA plan.
Japan lifts coronavirus emergency in all remaining areas
Japan has so far avoided the large outbreaks experienced in the US and Europe despite softer restrictions.
Lotteries need a loan
Ontario is extending a line of credit of up to $500 million to its lottery and gaming agency.
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.
Odion Ighalo set to leave Manchester United this week
Odion Ighalo has had a successful loan spell at Man Utd but his time at the club is set to end shortly.
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
Japan lifts coronavirus emergency in all remaining areas
Japan, with about 16,600 confirmed cases and about 850 deaths, has so far avoided a large outbreak like those experienced in the US and the Europe despite its softer restrictions.
German business expectations pick up as lockdown is lifted
Monthly survey finds improving outlook despite pessimism over current effect of pandemic
Theta Fuel (TFUEL) Records 630% Weekly Gains As Binance To Support Theta Mainnet 2.0 Launch
The leading cryptocurrency exchange by trading volume and users, Binance, will support the upcoming launch of Theta mainnet 2.0 on May 27th. With the
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
Japan lifts coronavirus emergency in all remaining areas
Japan has so far avoided the large outbreaks experienced in the US and Europe despite softer restrictions.
CEO buys ailing New Zealand media giant for one dollar
Nine said that Stuff chief executive Sinead Boucher would take over the company, which operates New Zealand's most popular news website, stuff.co.nz, and titles such as Wellington's Dominion Post and the Christchurch Press.
Suzuki has launched the 2020 GSX-R125 in Japan
Suzuki GSX-R125 has been launched in Japan at a price of 393,800 yen which is roughly Rs 2.77 lakh.
The artisans behind Italian fashion tremble at their future
Until recently, some of most intricately embroidered fabrics in the world, like those found in garments designed by Giorgio Armani, Valentino, Etro and Prada, have come out of a duplex apartment complex in Milan, the home of a small business called Pino Grasso Ricami.
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.
Memory-Lane Monday: Did they say anything about an offer you couldn’t refuse?
But they certainly clarified exactly what they wanted.
Ighalo's Man United loan set to end on May 31 - sources
Man United are facing the prospect of losing Odion Ighalo this week with talks to extend the striker's loan from Shanghai Shenhua at an impasse.
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.
Uganda starts exporting mobile phones
The company, which employs 400 workers, is currently assembling and manufacturing 2,500 phones per day but has plans to double its capacity and recruit more workers....
1st deadlines for laid-off workers to get health insurance
People who lose workplace insurance generally have 60 days from when their coverage ended to apply for an ACA plan.
Cyprus to deport 17 migrants suspected of terror links
NICOSIA, Cyprus (AP) — Cyprus will deport 17 migrants who are being held on suspicion of having links to extremist groups or involved in acts of terror, the country's interior...
TV Clip of Kids Lauding Nicola Sturgeon Removed After Comparisons to 'North Korea Propaganda'
Last week, Nicola Sturgeon announced that Scotland’s lockdown restrictions may be slightly relaxed as of next Thursday. Earlier in May, the Scottish First Minister...
Fire at Bombardier plant being treated as accidental
A fire at the Bombardier Aerospace plant in Belfast is being treated as accidental.
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
India should immediately start cash transfers of 1,000 per person: Abhijit Banerjee and Esther Duflo
The cash transfer of Rs 1,000 per person each month is expected to make a big difference as it would help the common man to pay for all the emergency needs, Banerjee said
Unexpected policy timing, expected outcome: These measures could help RBI disinfect the economy
RBI’s relief measures round-three restates the intention to ease the functioning of the financial markets and easing the market risks brewing in the economy amidst the deteriorating economic outlook.
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
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
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
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
Mindanao's trademark abaca paper is now a face mask
Tests by the Department of Science and Technology (DOST) Region 10 show that the abaca fiber mask has a filtration rate 7 times better than cloth masks and has lower water absorption than N95 masks
This Morning's Eamonn Holmes branded 'filthy pig' after revealing his shocking way of cooking bacon
This Morning presenter Eamonn came under fire from viewers after making the startling revelation on Monday's show
COVID-19: Is this the end of the road for Renault?
Pandemic puts the French brand's 122-year history at stake...
Andy Palmer to quit as Aston Martin CEO after shares plunge
Will be replaced with Mercedes-AMG CEO Tobias Moers
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
Will Social Security Beneficiaries Qualify for a Second Stimulus Check?
Social Security recipients were eligible for an Economic Impact Payment under the CARES Act -- should they expect something similar for stimulus 2.0?
3 Travel and Tourism Stocks Poised for a Bull Run
The coronavirus pandemic has smashed the tourism industry, but these companies seem ready for a massive rally.
Fractional Shares: Why It’s in the News
Have $5? Then you could start building wealth today.
South African public-sector wage dispute moves to arbitration
JOHANNESBURG, May 25 (Reuters) - Early attempts to resolve a wage dispute between the South African government and public-sector trade unions have failed and the dispute will now move to arbitration, according to the bargaining chamber where such wage disputes are heard.
The new rules that could be in place in all Irish barbers and salons when they reopen
When Irish barbers and salons reopen they might not operate like before.
Demonstration on biofertilisers at Hozukhe village
Demonstration on application of biofertilisers in maize was conducted by ATMA Dimapur, Niuland block at Hozukhe village on May 22.
Palestinians easing coronavirus restrictions in West Bank
RAMALLAH, May 25 — Mosques, churches and businesses in the occupied West Bank will reopen tomorrow in an easing of coronavirus restrictions, Palestinian Prime Minister Mohammad Shtayyeh said today. The Palestinian Authority declared a health emergency in March and imposed lockdowns after the...
50 trafficked ladies arrive in Nigeria from Lebanon
Kayode Oyero The Federal Government has said 69 stranded persons including 50 trafficked Nigerian ladies arrived in the country from Lebanon on Sunday. The Minister of Foreign Affairs, Geoffr...
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 ...
Meet Cyrus, who wants to own Virgin through the virus and beyond
Every good auction needs a smokie.
Toot toot! Afterpay runs into index day
Beware the Afterpay train this week.
Apollo's Ventia asks for $1.6b, five banks on board
Apollo Global Management and CIMIC Group's services contractor Ventia has lobbed a $1.6 billion litmus test into Australia's leveraged loans market.
Covid-19 Will Make Colleges Prove Their Worth
Online education should come at an online price.
COVID-19 could push Nigeria into another recession — Attah
By Omeiza Ajayi, Elder Statesman, Obong Victor Attah, is an architect was governor of Akwa Ibom State from 1999 to 2007. In this interview with Vanguard, Attah who had since resigned from politics, and now a leader of the Pan Niger Delta Forum, PANDEF, expresses concerns that Nigeria could be heading towards another recession dueRead More
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.
Telstra CEO wants NBN upgrade paths reflected in govt policy
Calls for telcos to be unshackled from past policy and decisions.
USD/JPY: Downside potential is limited
The USD/JPY pair trades around 107.70, unable to attract investors after Japan announced it will lift the state of emergency in all the country, Valer
EUR/CHF: SNB looking to contain Swiss franc action – CIBC
The SNB has managed to avoid EUR/CHF breaching 1.05, though it has traded at lows since the end of Q1, per CIBC Capital Markets. Dont’s miss: Diminish
GBP/USD: Near-term downside risks into mid-year – CIBC
This month, the cable has lost around 2.5%, and analysts at CIBC Capital Markets expect near-term headwinds to persist. Stay up to speed with Yohay El
Cleaning crews ready for reopening in post-pandemic US
Tables, chairs, counters, doors: reopened US businesses and restaurants will have to focus on thorough disinfecting if they want to lure customers, and cleaning companies are preparing for an explosion in demand.
Foreigners join 'Stuck in Taiwan - Best Place to Be' for help
Nearly 300 foreigners stranded in Taiwan form Facebook group to seek help with housing, work
Palestinians easing coronavirus restrictions in West Bank
RAMALLAH — Mosques, churches and businesses in the occupied West Bank will reopen on Tuesday in an easing of coronavirus restrictions, Palestinian Prime Minister Mohammad Shtayyeh said on Monday.
Vermilion Energy president and CEO Anthony Marino steps down from company
CALGARY — Vermilion Energy Inc. says Anthony Marino has stepped down as president and chief executive and as a director of the company, effective immediately.
How is Covid-19 playing out in rural India?
Even if the incidence of infection is not high in rural areas, its affect on rural-urban migration has debilitated livelihoods
CLT Grants Go Where Increased Need Is
“Demand for services such as budgeting support, senior citizens groups, meals on wheels, crisis and long term counselling are seeing increased demand due to the effects of COVID-19. The social service organisations providing these services are but a few of the groups that have been bolstered by trust funding this grants round,” says Trust Chief Executive, Susan Finlay.
Govt Should Delay Road Tax Increase Due To Economic Crisis
“The Government should delay an increase in road user charges scheduled for 1 July this year,” according to ACT Leader David Seymour.
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.
Tracking Glenn Greenberg's Brave Warrior Advisors Portfolio - Q1 2020 Update
Glenn Greenberg’s 13F portfolio value decreased from $1.89B to $1.74B this quarter. Brave Warrior Advisors added HCA Healthcare and increased Anthem while reduc
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
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
New payment to support Kiwis through COVID - Government
The COVID-19 crisis has had a significant impact on the jobs and livelihoods of New Zealanders.
Lockdown boost for Island YouTube stars
AS governments and businesses deal with the devastating impact of Covid-19, a handful of young local entrepreneurs are among a new breed of internet superstars around the world enjoying a bonanza.
CERB payments hit $40B
A key federal benefit for Canadians out of work, or seeing large drops in their earnings, in the COVID-19 pandemic has paid out over $40 billion in emergency aid.
Keeping on eye on facilities
With restrictions being lifted, the City of Pentiction is reminding visitors of parks, beaches and outdoor facilities to be aware of COVID-19 safety measures.
Town hall back in business
The Township of Spallumcheen is back open for walk-in business.
Economic package is a mix of supply-side and demand-side measures: Dharmendra Pradhan
The oil industry is faced with an extraordinary situation. Our government’s view is to take a cautious and conscious approach of a balance in price, save it and use it for welfare, says Petroleum Minister
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
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
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
Muirhevnamor residents complain about rubbish lying in estate for 'more than a year' - Talk of the Town
Residents in Muirhevnamor have complained about a quantity of illegally dumped rubbish that has been lying in the estate for more than a year. The rubbish, which has now attracted rates, is located behind houses at Road 2 and Crescent 1 in the estate. One local woman told Talk of the Town that she has...Read More→
The changing face of the billionaire classes
Is Europe becoming more American in its wealth creation as the US becomes more European?
Furloughed Eurostar workers are helping language students amid school closures
A number of French-speaking Eurostar employees are reportedly helping language students while they are furloughed due to the travel restrictions in place...
Jeffrey Epstein: Up to 130 people claim they could be child of dead financier with £470m fortune
More than 100 people claim they could be the offspring of the deceased financier Jeffrey Epstein, who is thought to have had a personal fortune of around £470 million.A DNA company, which set up a website called epsteinheirs.com, said as many as 130 people had come forward – including a number of Britons
Irish receiving Trump’s $1,200 checks in error could be banned from USA
Hundreds of Irish J-1 visa holders no longer living in the United States have accidentally received economic impact payments during the COVID-19 pandemic, and cashing the checks could affect any future attempts to enter the US. The $1,200 payment was sent to a significant number of former J-1 students in April...
Deep Dive: Preventing Financial Crime Amid The COVID-19 Pandemic
This Deep Dive explores the methods bad actors are leveraging to scam bank customers and the methods FIs are using to stem the tide of fraud.
Real Housewives of Cheshire’s Rachel Lugo cringes as pal posts ‘camel toe’ snap
REAL Housewives of Cheshire star Rachel Lugo was left mortified after her pal posted a snap of her “camel toe”. The 44-year-old gasped as she zoomed in on the photo of her in a tight gr…
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.
Use pandemic to stop brain drain, MPs told, as payments for CERB top $40 billion
OTTAWA — The federal government should use the COVID-19 pandemic to reverse a brain drain of top tech talent south of the border, a House of Commons committee heard Monday, alongside warnings that . . .
German court ruling clears the way to settle VW diesel cases
KARLSRUHE, Germany — A German court has ruled that Volkswagen must buy back cars from owners of its diesel cars equipped with software that evaded emissions testing — but consumers must accept the . . .
130 people say they are Jeffrey Epstein’s child to claim cut of his estate
A Florida-based legal service looking for potential heirs of the perverted moneyman told The Sun it has been contacted by at least 386 people.
GDPR at Two: Critics Slam Patchy Enforcement, Sluggish Investigations
GDPR at two: As criticism mounts, how long before signs that the bark of regulators is worse than their bite starts to dilute GDPR's effectiveness?
Samsung's NAND flash market share down slightly in Q1
The share global NAND flash market for Samsung in the first quarter of the year dropped slightly compared to three months earlier, a report said on Monday, although the South Korean giant
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.
EU eyes first face-to-face summit in months to haggle over budget
European Commission to propose blueprint for € 1tn multiannual financial framework
Dawn Meats reopens plant supplying McDonalds burgers
Production resumes in Waterford after 10 weeks as fast food group starts phased reopening of outlets
Bayer reaches agreement in 125,000 US cancer lawsuits
Pharmaceutical giant reportedly does deal to end inherited costly legal battle
New emissions blow for VW as German court backs damages claims
KARLSRUHE, Germany (Reuters) - Volkswagen (VOWG_p.DE) must pay compensation to owners of vehicles with rigged diesel engines in Germany, a court ruled on Monday, dealing a fresh blow to the automaker almost five years after its emissions scandal erupted.
Investing in Spanish Nissan factory cheaper than closing it: Spanish official
(Reuters) - Nissan Motor (7201.T) would find it cheaper to invest in its Barcelona factory than to close it, a senior Spanish industry ministry official said on Monday, pegging the estimated cost of a shutdown at more than 1 billion euros ($1.1 billion).
Palestinians easing coronavirus restrictions in West Bank
RAMALLAH, West Bank (Reuters) - Mosques, churches and businesses in the occupied West Bank will reopen on Tuesday in an easing of coronavirus restrictions, Palestinian Prime Minister Mohammad Shtayyeh said on Monday.
With little state aid, zombie shops in Portugal fear short-lived reopening
LISBON (Reuters) - Leaning over the golden-plated counter of the “Fantastic World of Sardines” in Portugal’s capital, cashier Andre Moureira waited for just a single customer to break the boredom of the morning.
TCL Commits To One Major Android OS Update
TCL is promising one major Android OS update. Their current range of phones ships with the current version of the operating system, Android 10. TCL is
Patriotic Poles led astray by mis-labelled Ukrainian cucumbers
WARSAW – Seeking to appeal to patriotic Poles, local supermarket Biedronka has been mis-labelling goods including Belgian carrots and Ukrainian cucumbers as homegrown, Poland’s anti-monopoly office said on Monday, as it launched an investigation.
‘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
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
Renault must join French-German battery project: minister
Paris: Renault will have to join a French-German project developing batteries in order to receive a five billion euro ($5.4 billion) government rescue loan, Finance Minister Bruno Le Maire said Monday.
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.
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
Greek silversmith Sotirios Voulgaris created the world-famous BVLGARI brand
BVLGARI is a world leading luxury brand known for its fine jewellery, watches, fragrances, accessories and leather goods.
IBM, HP announce major job cuts
Although exact number of layoffs was not confirmed, reports suggest it could be in the thousands.
3 Stocks to Buy and Hold for Decades
Great businesses can allow you to compound your wealth over the decades.
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.
Report: Billionaires Have Made $434 Billion During Coronavirus Pandemic
According to a recent report, American billionaires have enjoyed a huge boost in net worth in the first two months of the Chinese virus pandemic, earning around $434 billion since March 19, when many states went into lockdown.
German court ruling clears way to settle VW diesel cases
The decision affects some 60,000 individual claims brought by car owners in Germany.
Time to take economy out of intensive care: PM
Scott Morrison will appeal to a "new sense of common purpose", with $1.5 billion in federal funding to the states as leverage, to deliver an economic recovery he envisages will take between three and five years.
Consumer Confidence Inches Higher in Canada, Except for Housing
Consumer confidence continues to show signs of improving in Canada, inching higher for a fourth straight week.
AusPost temporarily digitises mailrooms of 40 govt, finance firms
Creates 'basic' service for customers that couldn’t operate internal mailrooms.
AUD/USD pares early losses, registers modest gains near 0.6550
The AUD/USD pair started the week with a small bearish gap but didn't have a hard time erasing its losses with the risk-on environment helping the AUD
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
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.
As Covid-19 Disrupts Global Supply Chains, Will Companies Turn to India?
It’s an increasingly viable option for companies anxious about sourcing from China.
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
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
Investigation into Langar fire to 'continue' as fire crews leave the scene after four days
The service have handed over the site back to the owner
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
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.
With State of Emergency Lifted, Japan Begins Gradual Reopening
Retailers in Tokyo began opening their doors last week, but some will continue to wait.
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
What To Do When Your Employer Cuts Your 401k Matching
Even many Americans that still have jobs are seeing pay and benefit cuts. 401k matching is often one of the first things on the chopping block. If your employer
Pick Your Bias And Selective Data Will Support
Different investment horizons favor different inputs. There currently appears to be a tug of war between the inputs that please bulls and bears. I expect prior
SeaChange Warns Of An Abysmal Q1 As Customers Continue To Delay Purchase Decisions
Discussing recent Q1/FY2021 earnings warning. Customers continue to delay purchase decisions, resulting in an at least 55% sequential revenue decrease with like
Twilio: Coronavirus Accelerating Positive Trends, Downside Ahead
TWLO blew out Q1 expectations, as the coronavirus did the opposite of what people expected and accelerated its business. If you think about it, this is pretty i
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
Natural Gas Bounce - As Expected
A higher low in the energy commodity. The signs of falling production continue. Trading from the long side in natural gas. Why UGAZ is a far better instrument t
The Week Ahead
The economic calendar is light. With shutdowns easing in May, April data is too dated to be of much interest to investors. The preliminary May PMIs last week of
Merger Arbitrage Analysis And Spread Performance - May 24, 2020
ForeScout Technologies declines following the accusation of a MAE and subsequent legal action. COVID-19 forces investors to reanalyse merger arbitrage risks. Av
Two million students back in classrooms in sign life edging towards a new normal
Almost two million students returned to classrooms across NSW and Queensland on Monday in the latest sign life is edging towards a new normal under the Almost two million students returned to classrooms across NSW and Queensland on Monday in the latest sign life is edging towards a new normal under the shadow of coronavirus.
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.
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.
Nokia’s factory in India shuts down temporarily after employees test positive for COVID-19 *UPDATED*
Currently, most of the countries are fighting against COVID-19 and are trying their best to control it, and so is the situation in India. Even the industries are also finding it hard to come back t…
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.
How much the average homeowner pays for insurance in the US, by state and home value
The value of your home, where you live, and the coverage level you choose can all impact your homeowners insurance cost.
New payment to support Kiwis through Covid-19
The Government today announced a new temporary payment to support New Zealanders who lose their jobs due to the global COVID-19 pandemic to adjust and find new employment or retrain.
German court ruling clears way to settle VW diesel cases
The decision affects some 60,000 individual claims brought by car owners in Germany.
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.
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.
Ramzan celebrations muted
Celebrations on Eid-ul-Fitr, popularly known as Ramzan, were subdued with no mass prayers in any part of the central region on Monday.Hundreds of Muslims usually congregated at idgah grounds and mosqu
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.
Southern Railway to operate special train for staff
Southern Railway will operate a workmen special train exclusively for railway employees to and from Thanjavur and Tiruchi from May 26.The special train will ferry employees residing in and around Than
Could now be a good time to buy a house? Suffolk housing market after coronavirus explained
A leading Suffolk estate agent has explained why now could be a good time to buy a house for some people – but has warned that, for others, things could be more difficult.
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
Monday’s small-cap stocks to watch
Our roundup of Canadian small-caps of between $100-million and $2.5-billion in market capitalization making news and on the move today
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
First Allied Advisory Services Inc. Has $402,000 Stock Holdings in Chipotle Mexican Grill, Inc. (NYSE:CMG)
First Allied Advisory Services Inc. raised its holdings in Chipotle Mexican Grill, Inc. (NYSE:CMG) by 4.4% during the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 614 shares of the restaurant operator’s stock after purchasing an additional 26 shares during the quarter. First Allied […]
Mackay Shields LLC 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 […]
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 […]
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 […]
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% […]
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% […]
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 […]
A Lot of Binance Exmployees Opt to be Paid in Crypto Rather Than Fiat: CEO
The CEO of crypto exchange Binance, Chagpeng Zhao (CZ) acknowledged that "a lot" of employees opt to be paid in BNB, rather than fiat.
Bitcoin Risks Falling to $8K Ahead of June Due to These Technical Factors
Bitcoin was trading in positive territory this Monday after closing its last week in severe losses.
German court ruling clears way to settle VW diesel cases
The decision affects some 60,000 individual claims brought by car owners in Germany.
Covid-19 boosts local demand for premium fruits, vegetables
Indian consumers are willing to pay a premium to get hygienic and nutritional daily essentials, prompting exporters of horticulture produce to draw strategies for the domestic market.
Trade setup: No consensus on Nifty direction; 50DMA remains key hurdle
This makes the market more vulnerable on the higher side.
Delhi sees season's highest power demand on Sunday
Tata Power Delhi Distribution said it met the peak power demand of 1493 MW on Sunday night.
WHO Covid-19 expert claims two-metre distance 'safe 99% of time' and masks will be 'big issue'
The World Health Organisation's (WHO) Special Envoy on Covid-19, Dr David Nabarro, has said the two-metre guidance to stop the transmission of Covid-19 'keeps you safe 99% of the time'.
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.
Bust-up over climate weighs on EU-UK talks, risks trade rifts
BRUSSELS (Reuters) - Britain’s refusal to seal climate commitments in a new deal with the European Union to govern their relations after Brexit has become a stumbling block in their deadlocked talks and raises the risk of future trade disputes.
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.
Churchill Comedian Recounts Selling Chang'aa to Survive [VIDEO]
Speaking to Daniel 'Churchill' Ndambuki, the veteran comedian confessed to having had to...
Telegram Withdraws US Court Appeal for TON Launch
After wrapping up its blockchain project, Telegram has now officially withdrawn from the court battle against the SEC for lifting the ban on Gram tokens.
Post-Pandemic Economy: Great Depression or Growth Point?
Russian scientists are getting ready to submit their proposals to the Nationwide Action Plan to counter the pandemic in the Russian Federation. Which sectors of the...
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.
Social distancing in home selling: How Lehigh Valley real estate agents are adapting to new reality
The housing market scene might soon resemble more of a hospital and less of a home but Lehigh Valley real estate agents say these measures are going to be crucial moving forward amid the COVID-19 pandemic.
Maintenance process set in motion at Jubilant Generics
90 employees called to work today to prepare machines for drug production Mysore/Mysuru: Nanjangud-based Jubilant Generics, an extended arm of Jubilant Life Sciences, has been preparing to start operations. The company which was shut due to COVID-19 will resume operations soon with the guidelines by Indian Council for Medical Research (ICMR). The State Government has...
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.
Microsoft's Memorial Day sale 2020: here are the 7 best deals
Microsoft's Memorial Day sale is underway, and we've rounded up the six best deals on laptops, Xbox One consoles, tablets, and more.
No crying over spilt milk as advisers focus on Virgin bid
Jayne Hrdlicka could be Virgin's next CEO or chairman if Bain is successful in its bid for the airline. Interestingly, she's still on the payroll of her former employer.
CBD Melbourne: Some free advice for private equity giant Bain
Jayne Hrdlicka could be Virgin’s next CEO or the chairwoman if Bain Capital is successful in its bid for the airline. Interestingly, she's still on the payroll of her former employer.
Lottery throws millions more at dodgy projects
The National Lotteries Commission has refused to disclose its beneficiaries. But we found them. By Raymond Joseph and Anton van Zyl
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’...
Genting Malaysia Bhd to undertake MSS, VSS for employees in Covid-19 restructuring exercise
KUALA LUMPUR, May 25 — Genting Malaysia Bhd (GENM) announced today it will undertake mutual and voluntary separation schemes for its employees to further mitigate the adverse financial impact from the ongoing Covid-19 pandemic. In an internal memo circulated to its employees sighted by Malay...
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...
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...
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....
House members race to prepare for first-ever remote votes
House lawmakers are bustling to prepare for the chamber’s historic first remote votes this week, with a race on for members to secure proxies, who are limited to representing 10 colleagues each.
I refinanced my mortgage during COVID-19, and thanks to low interest rates I'll save about $50,000
When my wife and I bought our home about three years ago, we were thrilled to just be approved for a loan. As a newly self-employed writer, we definitely had to jump through a few hoops to buy our home despite credit scores above 800.
Coronavirus: Invest in health to end pandemic - WHO charges world leaders
As the world faces the challenges of coronavirus crisis, the World Health Organisation says 106,000 cases were reported on Tuesday, May 19 - the most in a day.
Coronavirus: Cab driver dies from Covid-19 after passenger spat at him
A black taxi driver, Trevor Belle, has died from Covid-19 when a passenger who claimed he has the virus spat on him when they were fighting over £9 (N4,263.55).
Israel shows love to Nigerian Muslims ahead of Ramadan celebration
The Israeli embassy in Nigeria has shown love and kindness towards the country as the nation battles with the deadly coronavirus. They gave out food packages.
NAB's rod for its own back
NAB will reveal the results of a share purchase plan that might be heavily oversubscribed on Wednesday.
Breaking: FG evacuates 69 Nigerians stranded in Lebanon
The Federal Government has repatriated 69 Nigerians from Lebanon, the Minister of Foreign Affairs, Mr Geoffrey Onyeama, said on Monday.
Breaking: Africa Top Brands: MTN, Dangote emerges most admired African brands
MTN, Dangote has emerged the most admired African brands at the 10th Brand Africa 100, Africa's Top Brands anniversary.
USD/MXN: Slight relief for the peso – CIBC
The initial market reaction to Banxico’s cut to 5.5% suggests that the decision was not more dovish than investors were expecting, according to analys
EUR/GBP alternates gains with losses near 0.8950
The now better mood in the British pound is forcing EUR/GBP to ease some ground following last week’s peaks in the 0.9000 neighbourhood. EUR/GBP faile
India needs comprehensive law on coronavirus to replace maze of piecemeal guidelines, clarifications; UK, Singapore offer examples
In the absence of a comprehensive legislation dealing with coronavirus, litigants are flocking to courts across the country seeking clarity and protection as a result of these unprecedented circumstances.
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.
RBI And MPC Should Junk Monetary Policy Calendar In Times Of Covid-19, Act Preemptively To Avert Crisis
The problem is not what the RBI will or will not do, but it is more to do with the timing.
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
A fleet of these quirky-looking bikes will soon be hitting the streets of Nottingham
The cycles are already popular in Holland, Germany and Denmark
S&P/TSX composite starts week higher, U.S. stock markets closed for holiday
TORONTO — Canada's main stock index started the trading week by moving higher, fuelled by gains in the financial and industrial sectors. The S&P/TSX composite index was up 94.85 points at 15,008.49. U.S.
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
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
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
Scots Volkswagen drivers to receive millions in payouts after emission scandal ruling
Scots solicitors have made the claim after a landmark German ruling.
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
Fixed Exchange Rate: More harm than good
The Reserve Bank of Zimbabwe suspended the new managed floating exchange rate and introduced the fixed exchange rate of 1 US Dollar to 25 Zimbabwean Dollars on ...
Scott Sumner On The Government's Response To COVID-19 And The Future Of Level Targeting
The Fed needs to be more aggressive addressing the macroeconomic problems stemming from COVID-19, and adopting a level target may be one solution. Scott Sumner
Celsius: Hold On For The Ride
Celsius's potential TAM is massive and should support many years of strong growth. Even with COVID-19 substantially disrupting marketing, the company is still s
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.
Here’s where Google Pixel Buds are still in stock
Google's Pixel Buds quickly sold out after launch, but the popular truly wireless earbuds are still in stock at some retailers. Here's where.
Piers Morgan shares rare snap with his lookalike dad Glynne and jokes ‘he looks younger than me every year’
PIERS Morgan has shared a rare snap with his lookalike dad Glynne and joked that he looks younger than him. The 55-year-old wished his dad a happy birthday on a sunny Bank Holiday Weekend in lockdo…
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
Mother, daughter end life after family quarrel
Repayment of loan for home reported to be trigger
Hundreds of people queue for hours to buy Tango Ice Blast drinks during lockdown
Witnesses said people were waiting for two hours and cars queued around Cibyn Industrial Estate in Caernarfon , North Wales, as they waited to buy a drink from the Tango Ice Blast van
Dogs separated as puppies bump into each other on walk and share adorable hug
Two dogs from the same litter were separated as puppies but were randomly reunited recently and their reactions were just the sweetest
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
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
EU must present united front to shield pandemic-hit banks: regulator
European countries need to join forces to shield their banks from the coronavirus outbreak, one of the bloc's top regulators said on Monday, potentially using a 500 billion euro ($545 billion) EU recovery fund to do so. The remarks from Jose Manuel Campa, who leads the European Banking Authority
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
Bust-up over climate weighs on EU-UK talks, risks trade rifts
Britain's refusal to seal climate commitments in a new deal with the European Union to govern their relations after Brexit has become a stumbling block in their deadlocked talks and raises the risk of future trade disputes. While Britain has joined the global Paris agreement to fight climate change
Business gives Ramaphosa’s plan to reopen economy the thumbs up
South African business leaders lauded the government’s plan to substantially ease a nationwide lockdown that’s crippled the economy, even as the number of the coronavirus cases grows exponentially.
FG evacuates 69 Nigerians stranded in Lebanon – Onyeama
The Federal Government has repatriated 69 Nigerians from Lebanon, the Minister of Foreign Affairs, Mr Geoffrey Onyeama, said on Monday.
Supplies of smartphones, tablets, laptops hit due to lower production & distribution workforce
Two senior industry executives said brands like Apple, Xiaomi, Oppo, Vivo and Realme are facing supply issues with operational plants running at 30-35% capacity and several warehouses are not able to operate normally.
Hospitals flush with cash got billions in coronavirus bailouts
The feds have given more than $5 billion in grants to 20 big hospital chains that already had more than $108 billion in cash.
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.
CBD Melbourne: Some free advice for private equity giant Bain
Jayne Hrdlicka could be Virgin’s next CEO or the chairwoman if Bain Capital is successful in its bid for the airline. Interestingly, she's still on the payroll of her former employer.
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.
EU must present united front to shield pandemic-hit banks: regulator
FRANKFURT (Reuters) - European countries need to join forces to shield their banks from the coronavirus outbreak, one of the bloc’s top regulators said on Monday, potentially using a 500 billion euro ($545 billion) EU recovery fund to do so.
Jobless benefit requests by Portugal's young spike 52% during pandemic
LISBON (Reuters) - The number of Portuguese young people requesting jobless benefits spiked 52% last month from a year earlier, way above the increase for other age groups, amid the coronavirus lockdown, data showed on Monday
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.
Businesses changing restrooms as they move to reopen
Businesses are now having to consider how they’ll need to change up their restrooms as they move to reopen amid the coronavirus pandemic.
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.
First there was JobSeeker, then JobKeeper - now it's JobMaker
Scott Morrison has signalled more federal control over skills training, accusing the states of running a system that is complex, clunky and unresponsive.
Mubadala to manufacture medical supplies in UAE
Bupa Arabia for Cooperative Insurance has partnered with the Ministry of Human Resources and Social Development to distribute 3,000 food baskets among underprivileged families, which are registered with the ministry’s Social Welfare and Family Welfare Agency. The initiative comes in line with the spirit of Ramadan, a month of giving, and in response to the COVID-19 outbreak.
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 …
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.
Bithumb Names Back Young Heo as Its New CEO
South Korean crypto exchange Bithumb has promoted Back Young Heo as its new chief executive officer (CEO).
JK Rowling pledges to pay salary of rogue civil servant for viral tweet
Harry Potter author Rowling was impressed.
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
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
Dog owner is killed while running into burning house to save her six puppies from inferno after saving three but succumbing to smoke while trying to rescue rest
Michelle Mirasol, 36, and her family fled the single-storey property when flames started in Bacolod province, the Philippines, on Thursday. Ms Mirasol ran back inside the home to free six caged puppies.
Sophie Wessex dons a headscarf as she joins Prince Edward to mark Eid by packing food parcels for vulnerable people at the Shah Jahan Mosque in Woking
Sophie, 55, covered her head with a scarf outside the mosque as she and Edward, 56, delivered a video message discussing their visit, which was shared on the Royal Family's Twitter account.
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.
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.
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
IKEA is opening “urban concept store” in Piraeus
Popular Swedish furniture and houseware retailer, IKEA, will open its first "urban concept store", in the centre of Piraeus.
'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
PNB fraud case: Interpol notice against Nirav Modi's brother put up for public viewing again
A Belgian citizen, Nehal Deepak Modi is wanted by the Central Bureau of Investigation (CBI) in a case of alleged fraud committed by his elder brother, Nirav, in the Punjab National Bank (PNB), they added. Nehal Modi's name figured as the accused number 27 in the supplementary chargesheet filed by the CBI, which charged
Bid to 'save lives' with $21m boost for domestic violence services
Women's refuges, men's behaviour change programs and a pop-up safe house will all benefit from a $21 million domestic violence funding boost.
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.
Public sector wage battle looms for the Berejiklian government
The Berejiklian government will face a revolt from the Opposition, Greens and the crossbench in the upper house if it attempts to freeze public sector wages.
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
Fans Remember Hana Kimura as Terrace House Episodes are Suspended in Japan
Kimura appeared on the latest season of Terrace House, which is set in Tokyo.
Less than 30% of fuel depots operating – DAPPMAN
’Femi Asu Most fuel depot operators have been forced out of business as the Nigerian National Petroleum Company emerged the sole supplier of imported fuel in recent years, the Depot and Petroleum ...
Back to the future on class actions
The government's move to impose controls on litigation funders takes the industry back a decade.
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.
Board diversity may be a COVID casualty
Boards must refrain from using the coronavirus crisis as an excuse to revert to old habits when it comes appointing directors, the Australian Institute of Company Directors said.
Can You Catch the Coronavirus From Handling Cash? Here's What Experts Say
Several experts refute arguments that physical banknotes may be more dangerous than we think, as the risk of the coronavirus is increasing.
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
USD/COP: Limited enthusiasm for the peso to drag the pair to 3600 by year-end – CIBC
Economists across the board have revised the Colombian GDP lower. Luis Hurtado, an analyst at CIBC Capital Markets, forecast the USD/COP pair trading
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
5 economic statistics that show the financial devastation of the pandemic for average Americans, Business Insider - Business Insider Singapore
Business Insider - The coronavirus pandemic has plunged the US into its worst recession in nearly a century with millions of people suffering job losses.. Read more at businessinsider.sg
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
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
‘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
Food inspection agency says variety of vegan chocolate bars contains milk
The agency says the allergen alert was prompted by consumer complaints
Facebook role play groups offer a mundane escape from the pandemic
In 'A group where we all pretend to work in the same office,' Karen still needs help logging in.
The Arrival Of The 'Unavoidable Pension Crisis'
I wrote an article in 2017 discussing the “Unavoidable Pension Crisis.” At that time, most did not understand the risk. Since then, the situation has continued
5 economic statistics that show the financial devastation of the pandemic for average Americans
The coronavirus pandemic has plunged the US into its worst recession in nearly a century with millions of people suffering job losses.
Changes will likely stay
Ken Beattie is old enough to recall when B.C. pubs had to keep their doors closed to anyone looking for a cold one on a Sunday.
Nine forests in Dublin mountains to be upgraded for recreational use
The forests have been managed by Coillte primarily for commercial purposes to date
RIMS Director rebuts allegations
Staff upset with steps taken to streamline operations, he says
Public sector wage battle looms for the Berejiklian government
The Berejiklian government will face a revolt from the Opposition, Greens and the crossbench in the upper house if it attempts to freeze public sector wages.
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
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:
Oppenheimer Asset Management Inc. Acquires 11,774 Shares of Aptiv PLC (NYSE:APTV)
Oppenheimer Asset Management Inc. increased its holdings in shares of Aptiv PLC (NYSE:APTV) by 358.7% during the first quarter, HoldingsChannel.com reports. The fund owned 15,056 shares of the auto parts company’s stock after buying an additional 11,774 shares during the quarter. Oppenheimer Asset Management Inc.’s holdings in Aptiv were worth $741,000 as of its most […]
IndexIQ Advisors LLC Buys Shares of 10,279 KB Home (NYSE:KBH)
IndexIQ Advisors LLC bought a new stake in KB Home (NYSE:KBH) in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 10,279 shares of the construction company’s stock, valued at approximately $186,000. A number of other hedge funds also recently modified their holdings of KBH. […]
Sally Pipes: Coronavirus recovery — Want to help the economy? Don't do this
In a rush to help, the government risks hamstringing our economic recovery in the coming months.
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.
Manchester United to lose loan striker Odion Ighalo next week?
Odion Ighalo will return to parent club Shanghai Shenhua when his loan deal with Manchester United expires next week, according to a report.
Bid to 'save lives' with $21m boost for domestic violence services
Women's refuges, men's behaviour change programs and a pop-up safe house will all benefit from a $21 million domestic violence funding boost.
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.
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?
Volkswagen agrees to compensate tens of thousands of German motorists
Leipzig court ruling opens door to claims from at least 60,000 car owners
5 economic statistics that show the financial devastation of the pandemic for average Americans
The coronavirus pandemic has thrown America into it’s worst economic downturn since the Great Depression nearly a century ago.
French carmaker Renault could close plants and cut jobs: union
PARIS (Reuters) - French carmaker Renault (RENA.PA) could unveil job cuts and plants closures on Thursday as the company looks to save 2 billion euros ($2.2 billion) in costs, a representative for far-left union CGT said on Monday.
Credit score drop? How to diagnose why, and what to do next
As the pandemic hits the economy hard, lenders and credit card issuers are offering payment modification programs such as forbearance and deferrals.
On-Chain Metrics Show Ethereum Addresses Grow 350% From 2018 Figures
Ahead of Ethereum’s move to staking after its 2.0 “Serenity” update, investment and wallet activity on the network is increasing. The protocol has received a boost in recent times, driven by both institutional and technical factors.
Coronavirus: Superannuation accounts drained of $13.2b as people look to meet living costs
Industry leaders warn it comes with a hefty price tag.
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.
Are stock investors too complacent about a full-scale blowup between China and the U.S.? Here’s what Wall Street experts say
China and the U.S. are back in the headlines — but are investors paying sufficient attention to the risks of a geopolitical clash?
Is the stock market closed today? Here’s everything investors need to know about Memorial Day trading hours and closures
Memorial Day will take on an even more somber tone this year.
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.
Prudential Uganda donates sh300m for COVID-19 food relief
The donation will feed the most vulnerable and poor who have been greatly affected by the lockdown, many of whom live on less than a dollar a day.
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
BMO launches online resource hubs to help clients navigate COVID-19 impacts
BMO has unveiled new online information hubs that contain content and resources to help Canadians navigate COVID-19 financially.
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.
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
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
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.
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%
Memorial Day sale alert: the Apple Watch 5 hits lowest price ever at Best Buy
One of the best deals we've seen in the Memorial Day sale event, you can get the all-new Apple Watch 5 on sale for $299 at Best Buy.
Now shop on Facebook
Facebook Shops is a unique way to bring small businesses and users together
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...
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...
Malls lose Rs 90k cr in 2 months: SCAI
IANS New Delhi The Shopping Centres Association of India (SCAI) on Monday said the sector has lost over Rs 90,000 crore in the last two months, owing to t
Govt proposes to streamline processes to deal with corporate, tax frauds
IANS New Delhi Government proposes to further streamline and simplify the processes to deal with corporate and tax related frauds by identifying and insti
Bharti Telecom to sell $1 bn stake in Airtel through block deal
IANS New Delhi Bharti Telecom is selling upto $1 billion of its shares in Bharti Airtel through a secondary market block deal on Tuesday. Bharti Teleco
US tech execs have dumped $3.6 billion in company stock this month
Top execs from Facebook, General Electric, Cloudflare, and Activision all have sold small fortunes worth of stock this month.
Euphonik and Prince Kaybee debate not paying up-and-coming DJs in favour of exposure
Both DJs agree that although exposure is valuable for an up-and-comer, money will always be better remuneration.
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...
PHOTOS: New look of NIDCOM office after eviction
The pictures below show the office of Nigerians in Diaspora Commission (NIDCOM) after the staff were evicted. - News
Bushfire-hit Australians still in tents as virus slows recovery
Victims of Australia's catastrophic bushfires are still living in tents, garages, and makeshift shelters months after the blazes ended, with efforts to rebuild their lives hampered by the coronavirus pandemic.
True Elements’ customers can now track quality of products to ensure safety
For True Elements, a zero-sugar breakfast and snacks brand based out of Pune, the nationwide lockdown due to the Covid-19 pandemic was the ideal time to come up with one more innovation. Its customers
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
Hamilton City Council Wants To Fix Pay Errors
Hamilton City Council is the latest big business moving to rectify errors in Holiday Act payments.
NDP makes support for suspending Commons contingent on permanent sick leave
The Liberals over the weekend proposed to waive ‘normal’ House of Commons
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
oMalayitsha call on Government to provide special permits
CROSS border transporters popularly known as oMalayitsha have called on Government to assist them with special permits which will ensure smooth passage of their...
Qualys: Revenue Guidance Appears Choppy But Valuation Reasonable
Qualys reported Q1 revenue growth of ~15% which was slightly ahead of expectations with operating margins showing strong expansion. Management provided 2020 rev
Celeste Barber’s $51 million bushfire money must stay with NSW RFS
Money raised by Celeste Barber's bushfire campaign cannot go to other charities or states, but can be given to injured firefighters, a judge has ruled.
Karan Johar's Two House Helps Test Positive For Coronavirus
Karan Johar said that two members of his household staff have tested positive for COVID-19. He informed everyone that he and his family members will remain under self-isolation for the next fourteen days.
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
A ‘jet skis’ methodology can reinvigorate your middle-aged company
Launching small, independent innovation teams that are free to fail can lead to fast development of disruptive products and keep your company competitive.
Nissan says preparing to gradually restart Mexico operations
The automaker will begin with vehicle and autoparts manufacturing activities
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 […]
EU watchdog hopeful most banks can absorb €380bn pandemic hit
Buffers ‘should be sufficient’ to protect lenders in short term, says European Banking Authority
Lufthansa says Germany approves stabilization package
Germany's new Economic Stabilization Fund (WSF) has approved a 9 billion euro ($9.80 billion) stabilization package for Lufthansa , Germany's flagship carrier said on Monday. "The Executive Board also supports the package", Lufthansa said, adding that the bailout still need consent
US urges probe into alleged ethics breach at African Development Bank
The US Department of the Treasury has called on the African Development Bank (AfDB) to carry out an independent probe into alleged ethics breaches by its president, Akinwumi Adesina. In a letter obtained by AFP on Monday, US Treasury Secretary Steven Mnuchin expressed "deep reservations" about
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.
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.
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
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.
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
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.
‘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
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
Lufthansa says Germany approves stabilization package
FRANKFURT (Reuters) - Germany’s new Economic Stabilization Fund (WSF) has approved a 9 billion euro ($9.80 billion) stabilization package for Lufthansa (LHAG.DE), Germany’s flagship carrier said on Monday.
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.
Patriotic Poles led astray by mis-labelled Ukrainian cucumbers
WARSAW (Reuters) - Local supermarket Biedronka has been mis-labelling goods including Belgian carrots and Ukrainian cucumbers as home grown, Poland’s anti-monopoly office said on Monday.
Lufthansa has good prospects for future: German ministries
BERLIN (Reuters) - The German Finance and Economy Ministries on Monday said Lufthansa (LHAG.DE) was an operationally healthy company before the coronavirus outbreak, as well as profitable and with good future prospects, but had got into trouble due to the pandemic.
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.
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.
Builders push for $40k home buyer grant to stave off construction crisis - but Barr says no
Chief Minister Andrew Barr said the policy would drive up house prices.
Why did a cloth brand once promoted by Bond and Bachchan shut shop in India?
Did miscalculated branding end the 180-year brand’s run in India?
Amazon sale drops the price of a Kindle to $60
Amazon's standard Kindle has been discounted to $60 in its latest sale.
Japan lifts coronavirus emergency in all remaining areas
TOKYO: Japanese Prime Minister Shinzo Abe lifted a coronavirus state of emergency in Tokyo and four other remaining areas on Monday, ending the restrictions nationwide as businesses begin to reopen.
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.
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
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.
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
COVID-19: Karan Johar in self-isolation after household staff tests positive
Filmmaker says family tested negative but they will self-isolate
Coronavirus Pandemic Could Bankrupt German FA, Warns Treasurer
German FA treasurer Stephan Osnabruegge warned that the DFB is in the deepest economic crisis of the recent past.
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.
German government, Lufthansa agree on 9 billion euro aid package
Germany on Monday approved a 9 billion-euro (US$9.8 billion) aid package for stricken airline Lufthansa to keep a major employer going through the turbulence of the coronavirus pandemic. But officials said Berlin was still in talks with the European Union's executive commission about possible conditions.
Normal People star Paul Mescal raffling off one of his chains for Pieta House
The TV show has taken the world by storm and Connell, played by Paul, received a lot of love for the chain he wears in the series
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.
Former GOVT Accountant-General dies, family suspects foul play
Former Finance ministry’s Accountant-General Daniel Muchemwa has died, Zim Morning Post can reveal. He passed on Sunday morning at Dandaro Hospital in Borrowdale, Harare.
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.
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.
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.
Coronavirus could bankrupt German FA, warns treasurer
The coronavirus crisis could "potentially threaten" the existence of the German FA (DFB), its treasurer Stephan Osnabruegge warned Monday.
NNPC, subsidiaries have 6,621 staff nationwide – Report
In response to speculations about its staff strength, the Nigerian National Petroleum Corporation (NNPC) has disclosed that it currently has
VIDEO: NIDCOM staff after being locked out of NCC office
NIDCOM Secretary Engr. Dr. Yakubu Sule Bassi, addressing the staff of the Commission shortly after being locked out of the office space.
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
Five business groups urge Ontario to halt commercial evictions during pandemic
TORONTO — Five business groups are calling on the Ontario government to impose a commercial eviction moratorium during the COVID-19 pandemic.
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
Police found ammunition for a rifle during search of Larkhall house
A man told them "My stuff, my room, my responsibility.”
Covid-19: France's health workers to get ‘significant’ pay rises
Prime Minister Edouard Philippe said Monday 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.
Bushfire-hit Australians still in tents as COVID-19 slows recovery
COBARGO, Australia: Victims of Australia's catastrophic bushfires are still living in tents, garages and makeshift shelters months after the ...
SolarWinds: The Winds Will Change To Lower Revenue Growth For The Next Several Quarters
SolarWinds reported a strong Q1 with revenue growing 15% to $248.5 million, well above expectations for $240 million. Management provided Q2 guidance which only
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
OPKO Health: A Hero Against The COVID-19 Villain But Has To Control Those Expenses Going Forward
The company has been able to rapidly ramp up testing for COVID-19. Its revenue figures are down as sales of its other products have been affected by confinement
Five Below: Growth At A Reasonable Price
Management estimates the market can handle 2,500 stores. At recent prices, there is an opportunity to buy growth at a reasonable price. We see potential for a 2
Why cash can save the rural jobs scheme
India is set to spend over ₹1 tn on the world’s largest rural employment programme. Can it be made to work better?.Large work sites should be opened proactively in each panchayat without waiting for applications. Anyone who shows up should be allowed to work and payments should be in cash
‘An opportune time to invest in markets’
Clarity on economic recovery to unfold over 2 quarters: Reliance Securities CEO
Wuhan uses sample pooling to conduct 6.57 million tests in 10 days
This includes a record 1.47 million tests on Saturday
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
Coronavirus | Single-day spike continues its trend for the seventh day on Monday
6,977 new infections reported along with 154 deaths. Recovery rate also up, says Health Ministry
WHO fears 'silent' virus epidemic unless Africa prioritizes testing
The WHO's director general, Tedros Adhanom Ghebreyesus, said Africa was the region with the fewest diagnosed coronavirus cases, accounting for less than 1.5% of the global total and just 0.1% of deaths. The WHO regional director for Africa, Matshidiso Moeti, said some countries had taken measures
Bitcoin Hash Ribbons Indicate Post-Halving Miner Capitulation Has Begun
Hash ribbons, an indicator used to depict the health of Bitcoin miners powering the network, has just signaled capitulation for an unprecedented 4th time in thi
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 […]
5 positive things happening right now
From four teenagers cycling to raise money for the RNLI, to a tongue in cheek cover of 'Stand by Me', here are 5 positive things happening right now.
After Boney Kapoor, Two Members Of Karan Johar’s Household Staff Test Positive For Covid-19
Two members of Karan Johar’s household staff have tested positive for the Covid-19. Karan Johar shared that the rest of the staff and family are not showing any symptoms.
Coronavirus impact: Suzuki Motor Gujarat resumes operations
Suzuki Motor Gujarat has resumed manufacturing operations at the Hansalpur plant while adhering to all the safety guidelines and precautionary measures to fight the spread of Coronavirus.
Coronavirus impact: Toyota will resume production from May 26
Toyota will resume manufacturing operations at its plant in Bidadi from May 26 in a staggered manner to reduce the risk of contracting the Coronavirus.
Pub owners take FBD Insurance to court over cover for closures during pandemic
Pub owners have gone to court in a row over insurance cover during the Covid-19 pandemic.
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.
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.
Developers could pay compensation after class actions from buyers allege GST was incorrectly charged
A Canberra developer has been ordered to pay a woman almost $30,000. This came after a class action where buyers alleged they were incorrectly charged GST.
Where college debt is riskiest: graduate degrees
If you take on so much debt for undergrad and grad school and then land a job that doesn’t pay at least an equal amount right out of the gate,...
Save $70 on a Nest WiFi bundle at Best Buy and the Google Store
Several retailers across the US, including Best Buy and Bed Bath and Beyond, have discounted Google's latest Nest WiFi router and access point bundle to $200.
Easyjet customers to sue over data breach
EASYJET is to be sued by customers in Northern Ireland impacted by a major data breach, it emerged.
Coronavirus news: N-95 mask prices fall 47% after NPPA advisory
N-95 masks were earlier being sold in the market for Rs 150 to 300 per unit, but prices have been reduced after the advisory by the NPPA
Karan Johar on self-isolation after two household staff test positive for COVID-19
Two members of Karan Johar's household staff have tested coronavirus positive. While the filmmaker and his family have tested negative, they will be in self-isolation for the next 14 days.
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.
Succession Planning: Along with businesses, even families need to adopt, adapt to secure interests
While most UHNI individuals or families recognize the need for succession planning, not many are disciplined about it. For most, succession planning is something one pays attention to only on nearing retirement.
Venturing out in Lockdown? You may face difficulty in motor insurance claim
Although partial movement of people has been allowed in COVID-19 free areas, the lockdown has not been withdrawn completely yet.
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.
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.
Arewa trends on Twitter as Northern Nigerian youths show off their wealth (Photos)
Wondering why Arewa is trending on Twitter? Well, the nomenclature became a trend after Northern youths took to Twitter to share photos as they celebrated Eid Mubarak. Most of the photos were taken while standing close
Coronavirus: Spain urges foreign tourists to return from July
Restrictions have been eased in the European nation.
Bankers Stay Home as South Africa Inc. Prepares Return to Work
Investec Chief Executive Officer Fani Titi saw a sign of things to come when he dropped by the bank’s headquarters last week.
Tiger Brands Weighs Major Job Cuts as Covid-19 Hits Food Demand
Tiger Brands Ltd. could make significant job cuts and asset sales this year as Africa’s biggest publicly traded packaged-food company looks to reduce costs and survive weak consumer demand worsened by the coronavirus pandemic.
Food sufficiency: Buhari 'echoes TB Joshua's call on agriculture'
President Muhammadu Buhari has urged farmers to double efforts towards helping the country attain food sufficiency.Speaking on Sunday..
Can’t Resist Splurging On Online Shopping? Here’s Why
The demand for online shopping has obviously increased since COVID-19 restrictions were put in place.
Ontario offers loan of up to $500M to lottery and gaming agency
Ontario is extending a line of credit of up to $500 million to its lottery and gaming agency.
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.
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
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
Activists call for health tax
Kampala, Uganda | THE INDEPENDENT | Members of Civil Society Organizations (CSOs) attending a virtual meeting on health financing on Monday highlighted the need for having a separate tax to finance health emergencies without straining the health system. They said though the government has over the years put up taxes on different commodities to fund …
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
Ontario offers loan of up to $500M to lottery and gaming corporation
Ontario is extending a line of credit of up to $500 million to its lottery and gaming agency.
Yovel: Property rights along with equal opportunity - Judaism
Man should have exclusive right to hs own property, but he should also have the opportunity to start afresh.
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%.
BBNaija: Tacha, Mercy, Mike, Diane, Khafi others for 'Reunion Show'
Fans of the popular reality TV show will be treated to an epic reunion show that promises to be filled with emotional outbursts.
Tributes paid to Scots mountain climber one year on from death in Indian avalanche
Dad-of-two Martin Moran was among a group of eight who were caught up in an avalanche on India's Nanda Devi mountain last year.
DBB: Reopening Economies Could Lead To More Upside For Base Metals
DBB has recovered rather slowly since it reached its lowest since February 2016 on March 23. In contrast with equities, base metals have not enjoyed a fast rebo
Why Entravision Communications Stock Could Be A Solid Play For Your Deep Value Portfolio
Entravision Communications is a major owner/operator of Spanish-language TV and radio stations. COVID-19 may mean an ugly Q2, and headwinds could persist throug
Atlassian: Recent Rise And Premium Valuation Put Me On Sidelines For Now
Atlassian reported a strong Q3 earnings with revenue growing 33%, well above expectations for only ~28% growth. However, management provided Q4 revenue guidance
L3Harris Technologies: Steady Growth Yet Insulated From COVID-19 And The Economy
The recent merger of L3 Technologies and Harris Corporation created synergies that are driving cost savings and increasing margins. As a defense contractor, the
Shopify Is Taking The E-Commerce World By Storm
Lately, Shopify (SHOP) is firing on all cylinders. The company announced a series of new features on its May 20 Reunite event, together with a new partnership w
What to expect as Aryzta prepares to publish results?
A shareholder plan to oust a chunk of Aryzta’s board will be a key focus for investors tomorrow as the embattled Swiss-Irish baked goods company releases third quarter figures.
Better off staying closed?
Some businesses could be better off staying closed than risk re-opening during the second phase of the B.C.’s government's plan to safely and gradually re-open the economy, according to Val Litwin, president and CEO, BC Chamber of Commerce.
Shaktikanta Das differs with govt over IMF's $500 billion rights plan
RBI governor backed IMF’s plan to issue fresh SDRs for helping crisis-hit members.Fresh SDR issue would have helped least developed and developing nations facing a forex crisis
Germany will take stake in Lufthansa in landmark $9.8-bn bailout deal
Government’s holding in the company, privatized with fanfare two decades ago, to start at 20% and could rise above 25%
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
CREDAI seeks restructuring scheme to revive realty sector
Also wants new home loans extended at 5% rate of interest
M&M organises service support for its vehicles on essential services
Also comes up with finance schemes for frontline staff
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
Five business groups urge Ontario to halt commercial evictions during pandemic
Ontario Premier Doug Ford has previously declined to freeze commercial evictions
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
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 […]
US urges probe into alleged ethics breach at African Development Bank
The US Department of the Treasury has called on the African Development Bank (AfDB) to carry out an independent probe into alleged ethics breaches by its president, Akinwumi Adesina. In a letter obtained by AFP on Monday, US Treasury Secretary Steven Mnuchin expressed "deep reservations" about
Bigger payouts for Covid beneficiaries could end up benefitting everyone
There's more to the finance minister's controversial move than meets the eye, argues Max Rashbrooke. If you’re a current beneficiary, I can see how it looks like a slap in the face. Finance minister Grant Robertson yesterday announced that people rendered unemployed by the coronavirus will receiv
COVID-19 breathes hope into the future of cars as buyers shun mass transit
The global pandemic has given the automobile a chance at a revival as consumers become increasingly concerned about catching an illness on public transport.
Markets advance on hope of restrictions being eased globally
Subdued volumes traded on world markets as London and New York closed for holidays
Love Island's Arabella Chi turned down One Direction's Niall Horan
Arabella Chi has revealed she turned down Niall Horan after he slid into her DMs following her split from fellow Love Island star Wes Nelson.
Binance Adds ETH and XRP Options Contracts
Crypto exchange giant Binance announced on Monday the addition of Ethereum and XRP options trading facility.
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...
NFL Insider Shares The Latest On Jamal Adams, Cowboys
NFL insider Ian Rapoport has the latest update regarding Jets safety Jamal Adams and a potential trade with the Dallas Cowboys.
J&K Govt Says Covid-19 Testing Rose By 350 Percent
Jammu and Kashmir administration said on Monday that the coronavirus testing rate has increased by 350 percent , making Union Territory number one in the country to test 10,000 people per million.
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.
SEBI steps in to de-stress the stressed, but are the measures taken by the regulator good enough?
With the stock markets volatile and investor community uncertain, primary investments in listed companies have stagnated.
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.
A $313 Million Jackpot Prize Could Be Won By A Player From India!
Winning a multi-million dollar jackpot is the dream of lottery fans across the globe. Mega Millions is now offering players a massive $313 million (₹23.7 billion) jackpot prize, which is currently
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
As malls reopen across the country, worries grow that consumers won't come back
Malls across the country are beginning to open their doors after weeks of government-mandated shutdowns, but both operators and retail tenants are stepping into uncharted territory amid the COVID-19 pandemic.
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.
Use pandemic to stop brain drain, MPs told, as payments for CERB top $40 billion
The federal government should use the COVID-19 pandemic to reverse a brain drain of top tech talent south of the border, a House of Commons committee heard Monday, alongside warnings that companies would leave Canada if taxes go up to pay for massive deficits.
Use pandemic to stop brain drain, MPs told, as payments for CERB top $40 billion
The federal government should use the COVID-19 pandemic to reverse a brain drain of top tech talent south of the border, a House of Commons committee heard Monday.
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.
Nigeria's GDP grew by 1.87 per cent in Q1 - The Nation Nigeria
The National Bureau of Statistics (NBS) has said that the First Quarter of 2020, Nigeria's Gross Domestic Product (GDP) grew by 1.87 per...
Rainstorm destroys houses, school in Badagry - The Nation Nigeria
At least 30 houses including a primary school have been damaged after heavy rainfall at Iragon-Iragbo community in Badagry.
Shops across England can open next month if guidelines met, PM announces
Non-essential retailers will be allowed to open from June 15, provided the guidelines are met along with the five tests for easing the lockdown.
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
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
USD/JPY looks to end day near 107.70 with small gains
The USD/JPY pair is fluctuating in an extremely tight 15-pip range on Monday as US investors enjoy a long-weekend in observance of Memorial Day. As of
Chennai Firms Seek Better Stimulus As 17 Estates Reopen With 25% Staff
M Balachandran's automotive component manufacturing unit at Chennai's industrial hub Ambattur is back to life. With just a quarter of his 50 workers permitted, it's not business as usual. He has paid full salary for March but could pay only half for April.
Inside AfDB 'whistleblower' allegations against Akinwumi Adesina
Mr Adesina denies wrongdoing and the Bank's ethics committee sides with him.
Traders report tomato shortage as pest reappears in Kano
Tuta Absoluta, also known as Tomato Leafminer or Tomato Ebola, was first recorded in Nigeria in 2015 but has reappeared and ravaging farms across Nigeria
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 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
JetBlue Airways: Beware The Pending Capital Raise
JetBlue's 1Q commentary points to an April trough. I am less confident about JetBlue leading a recovery given its exposure to the Northeast. The ~$750 million c
Spain urges foreign holidaymakers to return in July
Spain has urged foreign holidaymakers to return in July as one of Europe's strictest lockdowns eased, though tourism businesses were sceptical about salvaging the summer season.
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
FM’s package of no use to micro enterprises: ex-CM
‘A fresh Budget must be presented in Parliament's next session’
Coronavirus | Low volume of cases but more affected areas
Health officials are looking out for some areas where there could be community transmission.
The problem with the liquidity push
Even if partially successful, it will culminate in eventual default; the crisis is only likely to intensify
Extend MGNREGA work to 200 days, says PMK
The PMK on Monday demanded that work under the Mahatma Gandhi National Rural Employment Guarantee Act be extended to 200 days instead of the present 100 days.In a statement, its founder S. Ramadoss sa
A well-balanced stimulus package
It will minimise the human cost of the COVID-19 crisis and also pave the path for structural reforms
Coronavirus could bankrupt German FA, warns treasurer
The coronavirus crisis could "potentially threaten" the existence of the German Football Association (DFB), its treasurer has warned Monday.
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
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
Shops across England can open next month if guidelines met, PM announces
Non-essential retailers will be allowed to open from June 15, provided the guidelines are met along with the five tests for easing the lockdown.
Intuit Posts 8 Pct Q3 Revenue Hit
Intuit, the maker of financial software TurboTax, QuickBooks and Mint, posted an 8 percent decline in revenue for the quarter ending April 30.
Intuit Posts 8 Pct Q3 Revenue Hit
Intuit, the maker of financial software TurboTax, QuickBooks and Mint, posted an 8 percent decline in revenue for the quarter ending April 30.
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.
Dancing with disinfectant: China’s nightclubs reopen as lockdowns ease
SHANGHAI – Nightclubs in China have mostly come back to life as owners and customers feel increasingly comfortable the novel coronavirus epidemic is under control, but disinfectant, disposable
Finals on NBC, averaged 5 million
NEWS IBC - Finals on NBC, averaged 5 million NEWS IBC - Finals on NBC, averaged 5 million
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
Regeneron to buy back $5 billion stake held by Sanofi
(Reuters) - U.S. drugmaker Regeneron Pharmaceuticals said on Monday it would repurchase about $5 billion of its shares directly from France’s Sanofi, without altering their over-a-decade-long partnership.
UBS to Create Fintech-Specific Venture Fund
UBS Group, a Swiss investment banking giant, is creating a venture capital fund with a corpus of hundreds of millions of dollars of its own fund.
Museveni to open face mask factory in Mukono
The company currently employs over 200 Ugandans, who have been trained in the production of face masks.
Businesses changing restrooms as they move to reopen
Businesses are now having to consider how they’ll need to change up their restrooms as they move to reopen amid the coronavirus pandemic.
Federal government launches hotline to offer businesses advice amid COVID-19 pandemic
The federal government has partnered with the Canadian Chamber of Commerce to launch a hotline to provide free advice to businesses.
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.
Delhi gas operators seek tax relief, loan restructuring to deal with lockdown impact
Pummeled by evaporating demand and fall in business due to the lockdown, city gas operators such as Adani Gas, GAIL and Torrent Gas have sought tax relief and loan restructuring to tide over
Is deflation set to become Economic Enemy No 1?
Amid all the uncertainties that lie ahead is the possibility of deflation setting in post-Covid-19. Negative inflation rates would create an even steeper and longer hill to climb out of economic recession than we are already expecting. It will all come down to whether demand under- or over-shoots supply. The jury is out.
Normal People's Paul Mescal is raffling off one of his iconic chains for Pieta House
Calling all Normal People fans! You now have the chance to get your hands on one of Connell's personal chains
“City of darkness” no longer – AfDB supported electricity project lights up Juba
The $38 million Juba Power Distribution System Rehabilitation and Expansion Project is almost completed according to a release by the AfDB.
SA's corruption fighters may be crippled as justice sector faces cash crunch over Covid-19
The fight against corruption may falter while the country deals with the Covid-19 pandemic, as a budget cut of R1.7 billion is being "bandied about" for the already perennially cash-strapped justice sector.
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.
CRA 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.
ASX to open higher, $A steady
Australian shares are poised to advance, extending Monday's surge. German shares lift on Lufthansa rescue.
New Bank of Canada Governor Faces Stagflation, Rosenberg Says
Incoming Bank of Canada Governor Tiff Macklem will face a combination of rising prices and stagnant growth as the economy struggles to recover from the coronavirus pandemic.
DA calls for special inspector-general to prevent graft in relief fund
The party also threatened to table an amendment to the Special Appropriations Bill, should Mboweni not adhere to the request.
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
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
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.
Prices Of N-95 Masks Fall 47% After Pharma Pricing Body's Advisory: Government
Leading manufacturers and importers of N-95 masks have reduced prices by up to 47 per after regulator NPPA stepped in to ensure the availability of this respiratory protection device at affordable rates in the country, the government said on Monday.
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
Karan Johar confirms two household members test positive for coronavirus
Filmmaker Karan Johar has confirmed that two members of his household have tested positive for coronavirus. Taking to Twitter, Johar said that his domestic staff had been diagnosed with the illness. However, he did inform his fans that his family was fine, including mother Hiroo and children, Yash and Roohi. He said, “I’d like to […]
IPG Photonics: Buy On Weakness
IPG owns one of the safest and strongest balance sheets in corporate America. The long-term trend of rising demand for lasers of all types puts the wind at your
Capturing The Trend In Cryptocurrencies
Bitcoin's price volatility reaches 6-year high. The upward momentum of cryptocurrencies can create enormous returns on investment, but the downside risk is subs
Newmont Corporation: Digging Into The Q1 Results
Newmont Corporation released its Q1 results earlier this month, reporting quarterly gold production of 1.5 million ounces at all-in sustaining costs just above
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
Understanding VC cycles for post-pandemic success
VC investing is currently in a 'triage' stage. Here's a look at how that will change as we gradually emerge from the pandemic.
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
Coronavirus lockdown | UK to reopen thousands of shops next month, says Boris Johnson
Johnson is keen to restart an economy which has been all but shut down since Britain entered a lockdown to try to stem the spread of disease.
Quarantined investors create ‘perfect storm of stupid’ (Plus, a TSX stock skyrocketing on the shift to remote working)
A roundup of investment ideas for active investors
Analysis: Will Europe unite around the EU's coronavirus recovery plan?
Euronews' political editor Darren McCaffrey looks at the splits over the EU's coronavirus recovery plan.
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.
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.
California announces churches, houses of worship can reopen under certain guidelines amid coronavirus outbreak
California Gov. Gavin Newsom on Monday released guidelines for reopening houses of worship amid the coronavirus pandemic, after President Trump deemed them “essential” last week.
As GDPR turns two, some are doubting the Irish Data Protection Commission's ability to enforce rules
It's been two years since the European Union's General Data Privacy Regulation (GDPR) went into effect, with sweeping changes to how companies are able to handle customer data. It's also inspired similar rules that were adopted in the US, such…
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.
UCD academics call for virus safety incentives for businesses
Study shows businesses that invest in workplace safety 20% more likely to ‘go under’
Hotel owners fight to save jobs during COVID-19 crisis
As we speak, hotel occupancy rates have plummeted to less than 5% in the entire country
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...
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.
Canadian Tire app update on Android and iOS adds curbside pickup option
Canadian Tire customers can now use the retailer's mobile app to order products for curbside pickup.
PNB fraud case: Interpol notice against Nirav Modi’s brother put up for public viewing again
Nehal Modi's name figured as the accused number 27 in the supplementary chargesheet filed by the CBI, which charged him for destroying evidence in Dubai to cover the tracks of the alleged crime.
WWE surprisingly abandon trademark filed for Edge
This is the 2nd time WWE have abandoned the plans to get this trademark for Edge!
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
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…
Coronavirus Q&A: Your questions about schools and universities answered
As the government continues with plans to begin reopening schools in England on June 1, Consumer Editor Chris Choi answers your questions.
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.
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
Impact of COVID-19 frightening, says Buhari - The Nation Nigeria
President Muhammadu Buhari on Sunday said the coronavirus pandemic has brought Nigeria and other countries to their “knees”.
Delhi Metro prepares to begin ops at 24-48 hr notice
As the first step towards resuming services, DMRC has decided to deploy full manpower, including station controllers and housekeeping staff, from Tuesday, sources said. Cleaning of stations has also started.
VW Finds Another Way To Copy Tesla
Like Tesla, Volkswagen sees electric vehicles as the future of private mass transportation. Internal combus...
Hamilton Ndlovu apologises for showing off sports cars ‘in poor taste’ during Covid-19 crisis
The businessman says reactions to the footage of his fleet of cars caused both anger and anxiety within his family and left them 'vulnerable to unnecessary attention'.
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
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.
SSI’s The Specialist now ready to assist shoppers
Upscale retailer SSI Group launches its concierge service, dubbed The Specialist, to assist customers shopping at home.
Toronto stock market rally led by cannabis while U.S. stock markets closed
TORONTO — Canada's main stock index posted a triple-digit advance to start the trading week on a broad-based rally led by a resurgence among cannabis stocks.
Ontario used auto dealers expect tough year ahead, prices already down
TORONTO — Used car dealers in Ontario are starting to recover from the near total shutdown in April, but a survey released Monday suggests they expect sales and prices to be under pressure for the year as economic uncertainty clouds the market.
No mask, no service? Businesses have the right to require masks on customers
TORONTO — If you were hoping to get out of putting on a face mask to visit stores and other businesses demanding customers wear one, think again.
Trudeau, Singh pressed on parties’ decisions to access COVID-19 wage subsidy
All three parties have said donations have dropped further since the COVID-19 pandemic began
NNPC has 6,621 staff strength – Report
The Nigerian National Petroleum Corporation (NNPC) says it currently has 6,621 staff strength both at its headquarters and across all its subsidiaries
Unease in Greece as restaurants, cafes reopen
Restaurants and cafes across Greece opened ahead of schedule Monday as the country prepared to launch a shortened tourism season vital to its economy.
Teladoc Health: The Growth Is Here To Stay
Teladoc Health recently reported impressive Q1 2020 results and management provided strong full-year 2020 guidance. This new market darling has a strong bull ca
Last Chance To Board The Microsoft Train
Microsoft trades near all-time highs and this may have investors wondering if the stock is still a good buy. Through our DCF valuation, we propose two scenarios
The Week Ahead, S&P 500 Futures Are Up +1% And Poised To Reach 3,000
If after reading this article you conclude that I haven't gotten over the short shrift stocks gave the China-US rift last week, you'd be right. The futures for
Manchester United striker Odion Ighalo set to return to China next week
Manchester United face losing Odion Ighalo when his loan deal expires at the end of the month.
South End restaurants successfully start to reopen dining rooms at half capacity
“Historically Memorial Day Weekend you’re not that busy, but we were busy,” Suffolk Punch general manager Shan Sheheane said.
Pub owners take FBD Insurance to court over Covid-19 disruption cover
Pub owners claim they are entitled to have consequential losses covered by what they say is an insurable risk.
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
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
HSBC board rethinks overhaul and seeks even sharper cuts
More drastic action sought three months after unveiling plan to slash 35,000 jobs and $4.5bn of costs
THE CUTTING EDGE-26-5-2020
At Kikuyu, in Kiambu County, one landlord has disconnected water and electricity to an apartment block.
Muslim family fed others every day while fasting for Ramadan
Hamza Deib’s family was forced to close its restaurants when business dropped by 90 percent during the coronavirus pandemic — but that didn’t mean they stopped serving others. Deib,
German government takes 20% stake in $10B Lufthansa bailout
May 25 (UPI) -- Lufthansa Group announced Monday that the airline will receive a $10 billion bailout from Germany, giving the government a 20 precent stake in the company and two seats on the airline's board.
Air Canada, Transat deal faces intense EU antitrust scrutiny
BRUSSELS (Reuters) - Air Canada’s (AC.TO) bid for Canadian tour operator Transat AT Inc (TRZ.TO) may result in higher prices and less choice for flights between Europe and Canada, EU antitrust regulators said on Monday as they opened a full-scale investigation into the deal.
Prince Harry and Meghan Markle's Frogmore deal revealed: Couple began paying back £2.4m for cottage renovations only after Prince Charles agreed to foot bill for their security in US
Harry and Meghan pledged to reimburse taxpayers for renovating their briefly lived-in Windsor home, which they have insisted on keeping as a British base despite their move to Los Angeles.
Covid-19: After govt intervention, prices of N-95 masks down by up to 47%
To address the issue of higher prices of the N-95 masks, the NPPA intervened to ensure their availability at affordable prices in the country, the Ministry of Chemicals and Fertilizers said in a statement on Monday.
Germany set to take Lufthansa stake in landmark $9.8-billion bailout
The aid package involves taking an initial 20 per cent stake that could rise to a blocking minority of 25 per cent plus one share in the event of a hostile takeover, the carrier said on Monday.
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
Lenovo promises to up PC building to meet working from home demand
Employees will continue to work from home after the crisis is over and Lenovo is preparing to meet increased demand for PCs.
Tech This Week | Advertising a tax on the poor, pandemic going to exacerbate it
Many don’t have jobs now but the book Poor Economics says they could trade off a little food for entertainment. So they’ll bear the brunt.
Our universities need to change for an as yet unimagined future
South Africa needs to build national capacity for an economy that needs skills that are radical and complex. In order to facilitate this, we need to ‘decolumnise’ campuses from the grand colosseums to a vibrant, insightful, smart network of decentralised partners.
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).
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.
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.
Man's TV Viewing Joined By A Brood Of Europe's Largest Owl Nesting In Third-Story Planter
A kerfuffle outside one Belgium man’s living room window, which was thought to be from some problematic pigeons, turned out to be a brood of Europe’s large
The Gold No-Brainer
What Eric Fry is seeing as the four catalysts pushing gold's price higher. Make sure your portfolio has exposure to the yellow metal now.
EU Confidential coronavirus edition #11: Reviewing Europe’s response — Challenges ahead — Behind-the-scenes peek
POLITICO’s EU Confidential · Coronavirus edition #11: Reviewing Europe’s response — Challenges ahead — Behind-the-scenes peek Listen to the podcast on Spotify | Apple | Google | Soundcl…
World Bank’s approval for Nigeria’s $1.5b cash coming July
The World Bank will take final decision in late July on a $1.5 billion loan to support Nigeria as it fights the novel coronavirus, the bank’s country ...
99% MSMEs won’t benefit from Centre’s loan scheme: Chavan
As part of the stimulus package to revive small businesses from the financial damage caused by the prolonged coronavirus-induced lockdown, Union Finance Minister Nirmala Sitharaman had announced Rs 3.70 lakh crore collateral-free automatic loans for businesses, including MSMEs.
Mumbai: 21-day doubling rate in Dharavi, lower than city’s 14-day average
The doubling rate of number of Covid-19 cases in Mumbai is 14 days, Chief Minister Uddhav Thackeray had said on Saturday during an interaction with doctors of BMC-run hospitals.
‘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.
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
DA calls for a special inspector-general to monitor govt's Covid-19 relief fund
DA MP Geordin Hill-Lewis said previous localised disasters, as well as regular expenditure, had been lost through illegitimate procurement practices, undue cost escalation and direct theft, which made this a necessity.
Rich Chinese Snapping up Luxury Homes From Singapore to Sydney
Rich Chinese home buyers are back.
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.
USD/JPY: Bulls targeting 108.00 catch a breath amid mixed clues
USD/JPY buyers catch a breath near 107.70 at the start of Tuesday’s Asian session. While the absence of traders from the UK and the US seems to have l
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
Use pandemic to stop brain drain, MPs told, as payments for CERB top $40 billion
OTTAWA — The federal government should use the COVID-19 pandemic to reverse a brain drain of top tech talent south of the border, a House of Commons committee heard Monday, alongside warnings that companies would leave Canada if taxes go up to pay fo
COVID-19: Worries grow that consumers won't come back to malls
Mall owners have a strong incentive to get their properties open safely, as rents have plummeted following the provincial orders to close
Air Canada CEO's compensation cut by more than half to $5.8M due to COVID-19
MONTREAL — Air Canada CEO Calin Rovinescu was on track to receive around $12.9 million in total compensation last year, but the value fell by more than half as the airline's shares stalled due to the COVID-19 pandemic.
Mall REITs - Under Threat From The Lockdown Flight To Online Shopping
Clearly, online retail taking a larger share of total retail spend is bad news for REITs that specialise in mall real estate. We see this very clearly in the U.
Fed Chiefs Speak: Reading Between The Lines
On May 20, 2020, three state Fed chiefs spoke independently on what they expect the economy to do in the near future. I thought it'd be a great idea to reconcil
There's Always Something To Worry About (And That's Bullish)
Persistence of worry among investors supports a bullish contrarian thesis. The 32% rally in the S&P 500 strongly suggests a new bull has begun. Online retail sa
A Contrarian View On JetBlue
JBLU has been more than cut in half from its 2020 highs. However, any recovery looks to be quite slow. And the valuation is pricing in a lot of earnings that ar
Use pandemic to stop brain drain, MPs told, as payments for CERB top $40 billion
OTTAWA - The federal government should use the COVID-19 pandemic to reverse a brain drain of top tech talent south of the border, a House of Commons committ
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
Pandemic personal finance update finale: A 10-point checklist of things you should have done by now to protect or improve your money situation
This tenth, and last, instalment of the Pandemic Personal Finance Update will look at 10 steps to guard your financial well-being
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
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
Active Ethereum Wallet Count Has Grown 350% Since 2018; What This Indicates
There is one key data metric suggests that Ethereum has built immense underlying strength over the past couple of years.
EastEnders fans break down in tears as Sharon finds dead son Dennis’s belongings and regrets giving up baby Kayden
EASTENDERS fans were feeling rather emotional at the end of Monday night’s episode as Sharon Mitchell broke down in tears after finding dead son Dennis’s belongings. Sharon (played by L…
MULILI & SHAH: Need to lay out post-Covid-19 strategies for
Manufacturing has suffered due to mandated working in shifts and the impact of the lockdown.
EDITORIAL: Reform to benefit farmers
Agriculture contributes 26 per cent of the gross domestic product.
KIBAARA: Smart food markets for the future way to go
The Covid-19 pandemic has revealed that open markets aren’t built for a crisis like this one.
Long lines outside NYC bike stores as people avoid public transportation
Forget Trader Joe’s — long lines are snaking around the corners of Big Apple bicycle stores as transit-averse New Yorkers seek a safe way to get around during the coronavirus
Air Canada CEO's compensation cut by more than half to $5.8M due to COVID-19
MONTREAL — Air Canada CEO Calin Rovinescu was on track to receive around $12.9 million in total compensation last year, but the value fell by more than half as the airline’s shares stalled due to the COVID-19 pandemic.
Minor fire causes evacuation of Target store in central Las Vegas
A small fire inside a Target store Monday afternoon caused an evacuation of the business in central Las Vegas.
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...
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....
Renewable electricity suppliers gaining ground
Generating capacity of independent producers is just about equal to that of an Eskom power station.
What options are available for ethical investing?
Shariah-compliant funds and ESG investment products are among the choices available to you.
Covid-19 to dent M&R earnings ‘more than 20%’
Group reports further growth in order book to R51.5bn at end-March.
Pandemic delivers R943m revenue blow to Netcare
Costs for PPE escalate to R850m as group bolsters its supply ahead of virus peak.
The tobacco firm that is still making a mint from menthol cigarettes: Bosses are accused of sidestepping ban aimed at stopping children smoking
Mint-flavoured cigarettes, which make up around one in four sales, were banned in Britain last Wednesday amid concerns they were luring young people. JTI launched its new range on the same day.
The poor world must be the rich world’s pandemic imperative
Assisting poorer countries is not just the right thing to do; it is also the only way to contain the pandemic.
Central bank asset purchases creating ‘fake markets’, analyst warns
'They're no longer related to any fundamental analysis whatsoever'
Biden set to make risky economic argument against Trump
Joe Biden is taking on President Trump over the economy.
RSM, BDO staff return to the office amid strong demand
The mid-tier accounting firms say despite the downturn, clients are increasingly seeking advice, including on how to access stimulus packages.
Only a few hedge funds made money in March and April. Here's how.
Successful funds exhibited similar traits: an ability to trade across different geographies or asset classes and a hyper-vigilance towards monitoring positions.
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.
Nigeria cases of COVID-19 rises to 8,068, as 229 new cases confirmed
Nigeria has recorded 229 new cases of the coronavirus disease (COVID-19), increasing the total confirmed cases in the nation to 8,068.
AUD/JPY: Bearish case getting cheaper as each session passes
AUD/JPY has been on the bid at the start of this week and despite ongoing geopolitical tensions that have weighed on commodity markets. There has been
Surrey’s Alan Clegg sits down for a socially-distanced chat about his life in Cloverdale over the years
Clegg chats about his time as a volunteer firefighter, 1962’s Typhoon Freda, and how he’s been holding up during COVID-19
Why Africa can’t afford further delay on AfCFTA -- AFREXIMBANK
The devastating impact of the coronavirus pandemic on Africa’s economy has shown that the continent can ill-afford a further delay in the implementation
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 ...
Spain urges foreign tourists to return from July
Foreign tourists can book vacations in Spain from July as the two-week self-quarantine for overseas travellers is likely to be suspended by then, ...
Square: Soon To $100/Share And Beyond
Square's Cash App has seen explosive growth, expanding its ecosystem of services. My discounted cash flow valuation model suggests that shares have further upsi
Government warned economy could fall off a cliff in September without more stimulus
Consumers are spending more money, but economists warn Australia could fall off a financial cliff in September without more stimulus measures.
Young people dominate early super withdrawals
Young Australians comprise the majority of people making early withdrawals from their superannuation, as the COVID-19 crisis sweeps through the economy.
Don’t try, just buy: How shopping will change post-coronavirus
The way we shop has changed. Customers can say goodbye to testers and fitting rooms, and say hello to disinfectant and spatial awareness.
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
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
EastEnders viewers beg for Jean to get psychiatric help after Mo makes horrifying discovery
EastEnders viewers are becoming increasingly concerned about Jean, who believes she is communicating with her dead partner
Day-to-day banking proving to be a struggle for some isolating seniors
When banks temporarily closed hundreds of branches in response to COVID-19, many seniors found themselves unable to pay bills, withdraw cash for groceries and manage their account balances
Vermilion Energy CEO’s departure signals return to conservative roots
Return of co-founder as executive chairman comes with greater focus on balance sheet
Wirecard postpones issuing annual results again
Fintech says not all audit procedures completed and puts AGM back until August
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.
Over 3,000 COVID-19 cases in two weeks as Nigeria’s toll exceeds 8,000
Nigeria’s COVID-19 toll exceeded 8,000 on Monday, with more than 3,000 cases recorded within two weeks. The Nigeria Centre for Disease Control (NCDC) confirmed 229 new COVID-19 cases on Monday,
Steve Mnuchin’s socialite sister sues potential buyers of her $8M pad
The socialite sister of US Treasury Secretary Steve Mnuchin is suing two potential buyers of her Park Avenue penthouse for a near $1 million deposit after she claims they tanked the deal, new court
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
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.
Chelsea put €35m price-tag on influential figure amid interest from Euro giants
Will touted demands be met to seal exit?
Euro giants prepared to axe €25m+ ace to finance permanent deal for Arsenal loanee
Strategy outlined, Gunners could have decision to make...
Air Canada CEO's compensation cut by over half - to $5.8 million - due to pandemic
Air Canada CEO Calin Rovinescu was on track to receive around $12.9 million in total compensation last year, but the value fell by more than half as the airline's shares stalled due to the COVID-19 pandemic.
New emissions blow for VW as German court backs damages claims
FRANKFURT: German airline Lufthansa said Monday it has received approval for a €9 billion ($9.8 billion) “stabilization package” from a government support fund to keep the company going through the turbulence from the coronavirus outbreak, but cautions the deal has not been approved by the EU’s executive commission.
Kotak Bank cuts savings rate to 3.5% for up to Rs 1 lakh balance
This is the lender’s second cut to the savings rate in as many months and brings its interest rate on savings accounts at par with that of the much larger Punjab National Bank (PNB).
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.
Godrej CEO: Focus to be on driving growth as margins are quite reasonable
Till February, the company witnessed an industry-leading 5% year-to-date volume growth. However, the spread of the virus and the eventual lockdown in many geographies of our operations resulted in zero sales in the last 10 days of March.
All you wanted to know about tax deductions in times of Covid
Only employer can decide to cut TDS later in the year
Hindustan Zinc Rating: Buy — A steady performance in the quarter
But for Covid-19, volume scenario for FY21 was bright; dividend outlook and execution of 1.2-mtpa project behind ‘Buy’ rating
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.
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.
Testy moment for Ministry of Agric - The Nation Nigeria Newsa
The jobs were signed, sealed and delivered by the contractors. They expected their contracts’ sums to be released to them. But, some two years later..
Rural job crisis ‘deepens’
Unemployment rate increases to 25 per cent from 22 per cent
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.
Poundland to open 26 more stores this week
The discount retailer said that while it had kept most of its stores open for essential shopping, around 100 were temporarily shut in March.
'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.
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.
Make Everyone Jealous With This Nissan Skyline GT-R Wagon
While the R32 and R33 are both fair game, the Nissan Skyline R34, the predecessor to today's Nissan GT-R, s...
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.
Arsenal: 3 improvements Nicolas Pepe must make
Arsenal fans are somehow still not sold on Nicolas Pepe, but in the spirit of getting better, here are three things he could definitely improve on. In typi...
Cowboys Fans Call For Andy Dalton To Start Amid Dak Prescott Contract Dispute (TWEETS)
As this point, there are thousands of Dallas Cowboys fans who are sick and tired of the back and forth…
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 ...
Poundland to open 26 more stores this week
The discount retailer said that while it had kept most of its stores open for essential shopping, around 100 were temporarily shut in March.
Celebrity Gogglebox series 2: Who are in the new episodes? From Joe Swash to Denise Van Outen
Celebrity Gogglebox is returning for a second series on Channel 4 - but who is back for the new episodes? And who are new additions?
Brit teacher in Cambodia told by docs to cough up £20k or lose his infected lung
Anthony Igoe, 31, from Clydebank, Scotland, has picked up two bacterial infections while on holiday with partner Alana Fonseca, who claims insurance firm Cigna is refusing to pay
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.
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.
Poundland to open 26 more stores this week
The discount retailer said that while it had kept most of its stores open for essential shopping, around 100 were temporarily shut in March.
Get up to 70% off Liverpool kit in the LFC x NB sale
Enjoy great deals on a range of products, including the 19/20 home kit
Quarantine plan would devastate aviation sector
Sir, – As an island nation and open economy, we are dependent on aviation as a critical artery for the life-blood of trade and tourism for our future prosperity.
Funding the private hospitals
Sir, – The nationalisation of our private hospitals to increase capacity in the midst of a pandemic was a bold and well-intentioned initiative.
Why choose a business course? Creativity, teamwork alongside enterprise
Consider average class size, work experience, project work when choosing your course
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...
Spoilers: Callum upset in EastEnders as Sharon reveals a shock truth about Ben
Callum finds himself conflicted once more amid a heart-to-heart with Sharon.