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...

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.

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.

Here Is Where To Find The Best Memorial Day Sales 2020

Who doesn't love a good sale? This holiday weekend, retailers all over are giving away huge discounts on products you'll love. Hurry now to check out some of the best deals for beauty, fashion, and home & tech products!

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.

This Week: New home sales, US GDP, consumer spending

A look at some of the key business events and economic indicators upcoming this week:

This Week: New home sales, US GDP, consumer spending

A look at some of the key business events and economic indicators upcoming this week:

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

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. 

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.

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.

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.

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

Michiganders hold $50M in unredeemed bottle, can deposits

Fifty million dollars is a whole lot of dimes.

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

US company trials coronavirus vaccine in Australia

A U.S. biotechnology company announced on Tuesday the start of human trials in Australia of a vaccine for the coronarvirus with hopes of releasing a proven vaccine this year.

Considering history, COVID-19 is hardly a plague

The coronavirus is proving far less deadly than the great plagues of history, with a mortality rate continually being revised downward, now much less than 1 percent.

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.

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.

COVID-19 meant less driving in SC and less gas tax collected

Traffic is South Carolina is down significantly since the coronavirus pandemic began, cutting the amount of money the state road agency takes in by $78 million, officials said.

2 dozen Maine nonprofit groups to get grants amid pandemic

A community foundation in Maine is providing more than $200,000 in grants to a marine science institution, a gay advocacy group and others.

Mechanics Of Assignment Orders Illuminated In Optronics Technologies

The U.S. District Court for the Northern District of California has issued an opinion which explains the interrelationship of assignment orders and personal jurisdiction.

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.

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.

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.

Paul Polman On Courageous CEOs And How Purpose Is The Growth Story Of The Century (Part 1)

Paul Polman On Courageous CEO’s And The Growth Story of The Century When Unilever CEO Paul Polman turned up for a business dinner at the Taj Mahal Hotel in Mumbai in 2008, little could he predict that it would turn into what he calls ‘a crucible moment’ in his life.

How To Sustain And Strengthen Company Culture Through The Coronavirus Pandemic

Shape, cement and leverage company culture through difficult times.

Why ‘Tenet,’ ‘Wonder Woman 1984’ And ‘Mulan’ All Face Long Odds At The Box Office

'Wonder Woman 1984,' 'Tenet' and 'Mulan' must score big opening weekends even with social distancing or hope for legs akin to the biggest 1980's blockbusters.

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.

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.

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.

‘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.

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.

How To Support Employees Experiencing Grief And Loss

You may have employees that have lost loved ones to Covid-19. They will be experiencing a deep level of grief.

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"...

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.

Father’s Day: The Best Summer Dress Shirts

The Short Sleeve Knit Stretch Shirt from NICESTUFF Clothing is the best gift for Father’s Day because it perfectly blends comfort and style!

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.

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.

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.

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.

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...

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.

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?

How To Land New Clients, Even During A Crisis

There are always going to be crises, and we need to learn to build client relationships and sustain business in any market condition. Business development or sales may slow or stop, but client relationship building should not.

Why You’ll Never Get Another Stimulus Check

You used to need a regular bank account to cash a government stimulus check, receive social security, or pay taxes. But now, for the first time ever, their stranglehold on money is slipping away.

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

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.

Honeywell Sales Down 7% But Stock Up 60%; Why?

Honeywell’s stock gained over 60% in 3 years, with the stock price rising from $108 at the end of 2016 to about $176 at the end of 2019. Though the stock price dropped in 2020 to $136 as of 18th May 2020 due to the COVID-19 pandemic, the stock has still registered a cumulative return of 25%...

10 Creative Customer Experience Ideas For Social Distancing

Can you still deliver a great customer experience from six feet away? That’s the challenge for companies in our global pandemic world.

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.

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.

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.

Pandemic Receding, Investors Review The Fallout

But if we are dealing with this come July, markets are going to reassess big time.

Doomsday Predictions For U.S. Oil Just Aren’t Realistic

Oil is a risky business but that doesn’t mean investors won’t see opportunities in the future.

Mental Wellness Social Media App Wisdo Connects College Students For Free

America’s graduating class of 2020 got a very raw deal three times over from the Coronavirus.

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...

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.

Stock Market Boost: Unemployment Outlook Shifts To Positive

The unemployment trend, no longer rising, now looks ready to decline

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

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 […]

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 […]

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 […]

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 […]

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 […]

Horace Mann Educators Co. (NYSE:HMN) Shares Sold by ETRADE Capital Management LLC

ETRADE Capital Management LLC lowered its stake in Horace Mann Educators Co. (NYSE:HMN) by 3.7% during the first quarter, according to its most recent 13F filing with the SEC. The firm owned 12,243 shares of the insurance provider’s stock after selling 474 shares during the quarter. ETRADE Capital Management LLC’s holdings in Horace Mann Educators […]

ETRADE Capital Management LLC Has $597,000 Holdings in Lithia Motors Inc (NYSE:LAD)

ETRADE Capital Management LLC increased its position in shares of Lithia Motors Inc (NYSE:LAD) by 10.8% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 7,294 shares of the company’s stock after purchasing an additional 708 shares during the period. ETRADE Capital […]

ETRADE Capital Management LLC Raises Stake in American Express (NYSE:AXP)

ETRADE Capital Management LLC increased its stake in shares of American Express (NYSE:AXP) by 9.4% in the first quarter, HoldingsChannel.com reports. The institutional investor owned 7,015 shares of the payment services company’s stock after buying an additional 603 shares during the quarter. ETRADE Capital Management LLC’s holdings in American Express were worth $600,000 as of […]

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 ...

Lufthansa, Germany agree on $9.8-billion rescue package

The German Finance and Economy Ministries on Monday said Lufthansa was an operationally healthy company before the coronavirus outbreak, was profitable and had good prospects for the future but had got into trouble because of the pandemic.

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 ...

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.

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.

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

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...

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

‘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.

Bharti Telecom to raise ₹7,600 cr through block sale of Airtel shares

Promoters plan to sell 2.75% stake

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

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

Bharti Telecom to sell $1 bn stake in Airtel through block deal

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.

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.

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.

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.

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.

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.

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.

Japan set to lift coronavirus emergency as cases slow down

The country has been spared the worst of the pandemic.

PNC Financial Services Group Inc. Sells 811 Shares of Laboratory Corp. of America Holdings (NYSE:LH)

PNC Financial Services Group Inc. cut its stake in shares of Laboratory Corp. of America Holdings (NYSE:LH) by 2.2% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 36,421 shares of the medical research company’s stock after selling 811 shares during the […]

PNC Financial Services Group Inc. Sells 2,146 Shares of Leidos Holdings Inc (NYSE:LDOS)

PNC Financial Services Group Inc. decreased its holdings in shares of Leidos Holdings Inc (NYSE:LDOS) by 4.4% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 46,268 shares of the aerospace company’s stock after selling 2,146 shares during the quarter. PNC […]

PNC Financial Services Group Inc. Purchases 9,907 Shares of Lincoln National Co. (NYSE:LNC)

PNC Financial Services Group Inc. lifted its position in shares of Lincoln National Co. (NYSE:LNC) by 5.4% during the 1st quarter, HoldingsChannel reports. The firm owned 192,415 shares of the financial services provider’s stock after acquiring an additional 9,907 shares during the period. PNC Financial Services Group Inc.’s holdings in Lincoln National were worth $5,064,000 […]

PNC Financial Services Group Inc. Sells 592 Shares of Vanguard Extended Market ETF (NYSEARCA:VXF)

PNC Financial Services Group Inc. cut its holdings in Vanguard Extended Market ETF (NYSEARCA:VXF) by 1.4% during the 1st quarter, Holdings Channel reports. The fund owned 41,489 shares of the company’s stock after selling 592 shares during the period. PNC Financial Services Group Inc.’s holdings in Vanguard Extended Market ETF were worth $3,757,000 as of […]

Edison International (NYSE:EIX) Shares Sold by PNC Financial Services Group Inc.

PNC Financial Services Group Inc. reduced its position in shares of Edison International (NYSE:EIX) by 3.5% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 96,271 shares of the utilities provider’s stock after selling 3,487 shares during the period. PNC Financial […]

PNC Financial Services Group Inc. Purchases 501 Shares of Donaldson Company, Inc. (NYSE:DCI)

PNC Financial Services Group Inc. boosted its holdings in shares of Donaldson Company, Inc. (NYSE:DCI) by 0.4% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 134,435 shares of the industrial products company’s stock after acquiring an additional 501 shares during the quarter. PNC […]

PNC Financial Services Group Inc. Sells 14,392 Shares of Koninklijke Philips NV (NYSE:PHG)

PNC Financial Services Group Inc. trimmed its holdings in Koninklijke Philips NV (NYSE:PHG) by 12.6% in the first quarter, HoldingsChannel.com reports. The institutional investor owned 99,418 shares of the technology company’s stock after selling 14,392 shares during the quarter. PNC Financial Services Group Inc.’s holdings in Koninklijke Philips were worth $3,992,000 at the end of […]

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.

Germany takes Lufthansa stake in landmark $15b bailout

The German government takes a 20 per cent stake in the struggling airline that has been battered by the pandemic.

Germany takes Lufthansa stake in landmark $15b bailout

The German government takes a 20 per cent stake in the struggling airline that has been battered by the pandemic.

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%

Germany will take Lufthansa stake in landmark US$9.8B bailout

Germany will offer Deutsche Lufthansa AG a 9 billion-euro (US$9.8 billion) bailout that thrusts the state back into the heart of a company privatized with fanfare two decades ago.

Germany Will Take Lufthansa Stake in Landmark $9.8 Billion Bailout

Germany will offer Deutsche Lufthansa AG a 9 billion-euro ($9.8 billion) bailout that thrusts the state back into the heart of a company privatized with fanfare two decades ago.

Germany’s highest court rules VW should offer Dieselgate compensation

Thousands of motorists can now claim damages from the carmaker.

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...

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…

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.

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.

Volkswagen scandal: Top German court rules automaker must pay 'dieselgate' compensation

Germany's top civil court has ruled against Volkswagen in the first case brought by a car owner against the automaker for emissions test cheating. The ruling sets a precedent for thousands more cases.

Germany stamps authority on Lufthansa with €9b lifeline

FRANKFURT, May 26 — Germany threw Lufthansa a €9 billion (RM42.7 billion) lifeline yesterday, agreeing a bailout which gives Berlin a veto in the event of a hostile bid for the airline. The largest German corporate rescue since the coronavirus crisis struck will see the government get a 20 per...

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.

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

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 stamps authority on Lufthansa with $9.8 billion lifeline

Germany stamps authority on Lufthansa with $9.8 billion lifeline

Poundland to open 26 more stores this week

The discount retailer said that while it had kept most of its stores open for essential shopping, around 100 were temporarily shut in March.

Poundland to open 26 more stores this week

Poundland has said another 26 of its stores which have been closed throughout the coronavirus outbreak are throwing open their doors again.The discount retailer said trade will resume in the stores again this week after 51 shops reopened last week.Poundland said that while it had kept most of its stores open for essential shopping, around 100 were temporarily shut in March.The closed shops were largely where there was another Poundland nearby or where shopping centres found it difficult to remain open, it added.

Poundland to open 26 more stores this week

The discount retailer said that while it had kept most of its stores open for essential shopping, around 100 were temporarily shut in March.

Poundland to open 26 more stores this week

The discount retailer said that while it had kept most of its stores open for essential shopping, around 100 were temporarily shut in March.

Poundland to reopen 26 more stores as coronavirus lockdown measures are eased

The discount retailer said that while it had kept most of its stores open for essential shopping, around 100 were temporarily shut in March after the UK was forced into lockdown

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

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

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.

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 . . .

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.

Suzuki Motor resumes production at Gujarat plant

Maruti Suzuki India (MSI) on Monday said Suzuki Motor Gujarat has resumed manufacturing operations after having suspended work for over two months due to coronavirus lockdown. Suzuki Motor Gujarat

Suzuki Motor resumes production at Gujarat plant after two months

SMG had suspended production at the Hansalpur (Gujarat) plant on March 23 to check the spread of coronavirus

Suzuki Motor Gujarat starts production

Suzuki Motor Gujarat Pvt Ltd (SMG) has said it would re-start production of vehicles from Monday. The company informed Maruti Suzuki India Ltd (MSIL) that production would be strictly in accordance wi

Suzuki Motor resumes production at Gujarat plant

Suzuki Motor Gujarat had suspended production at the Hansalpur (Gujarat) plant on March 23 to check the spread of COVID-19. The facility, which rolls out two models, Baleno and Swift, currently has an installed production capacity of 5 lakh units per annum.

German court ruling clears the way to settle VW diesel cases

KARLSRUHE, Germany (AP) — 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 current value of the car based on the mileage they drove since buying it, not the purchase price.Volkswagen said the decision announced Monday would clear the way for settlement of remaining consumer claims in Germany. The decision affects some 60,000 individual claims brought by car owners there; around 262,000 others have already been covered by an 830 million-euro ($904 million) class-action settlement.“For the majority of the 60,000 pending cases, this ruling provides clarity,” the company said in a statement.

German court ruling clears way to settle VW diesel cases

The decision affects some 60,000 individual claims brought by car owners in Germany.

German court ruling clears way to settle VW diesel cases

The decision affects some 60,000 individual claims brought by car owners in Germany.

German court ruling clears way to settle VW diesel cases

The decision affects some 60,000 individual claims brought by car owners in Germany.

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 . . .

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.

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.

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.

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...

Stuff CEO buys company for $1

Stuff chief executive Sinead Boucher has purchased Stuff from its Australian owners Nine Entertainment for $1.

New emissions blow for VW as German court backs damages claims

LONDON: Oil prices, which have been driven higher for the past four weeks, were steady on Monday, with holidays in Singapore, London and New York dampening trade, as rising concerns over demand recovery offset supply cuts. Brent was flat at $35.13 a barrel, while US oil gained 10 cents, or 0.3 percent to $33.35 a barrel. Both are down around 45 percent so farthis year.

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.

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.

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.

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.

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

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.

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.

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

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.

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

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.

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.

S&P/TSX composite index up on broad-based rally, while U.S. stock markets closed

TORONTO — Canada's main stock index posted a triple-digit advance in late-morning trading, fuelled by a broad-based rally on the Toronto Stock Exchange. The S&P/TSX composite index was up 151.79 points at 15,065.43. U.S.

S&P/TSX composite index up on broad-based rally, while U.S. stock markets closed

Canada's main stock index posted a triple-digit advance in late-morning trading, fuelled by a broad-based rally on the Toronto Stock Exchange.

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.

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.

Lufthansa secures €9b German state rescue deal, say airline, government

FRANKFURT AM MAIN, May 25 — Berlin and coronavirus-stricken airline giant Lufthansa agreed today on a nine-billion-euro (US$9.8 billion) rescue package subject to approval by shareholders and competition authorities, the company and Germany’s economy ministry said. “Before the coronavirus...

German government agrees €9B Lufthansa bailout

The deal still needs to be approved by the European Commission’s competition team.

Germany's Lufthansa agrees to government's $9.8b aid

Deal will also place federal government with a major say in airline's future course

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

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

Normal People's Paul Mescal raffles Connell's chain for Pieta House

Normal People star Paul Mescal is raffling off a chain to raise money for Pieta House.

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.

Bharti Airtel promoter to raise $1 billion through equity: Sources

Bharti Airtel promoter firm Bharti Telecom plans to raise USD 1 billion through equity sale to become debt-free, according to a source aware of the development. The promoter firm Bharti Telecom plans

Bharti Airtel promoter to raise USD 1 billion through equity: Sources

Bharti Airtel promoter firm Bharti Telecom plans to raise USD 1 billion through equity sale to become debt free, according to a source aware of the development.

Bharti Airtel promoter to raise $1 billion to become debt free

Bharti Telecom has roped in JP Morgan for the raising USD 1 billion by selling 150 million equity shares at a price of Rs 558 per cent per unit

Bharti Airtel promoter to raise USD 1 billion through equity

IDFC First Bank senior management takes 10% pay cut

Private sector IDFC First Bank on Monday said its senior management has voluntarily taken pay cut of 10 per cent due to coronavirus pandemic, while the CEO offered to surrender as much as 30 per cent of his salary.

IDFC FIRST Bank’s senior management takes 10% pay cut

IANS New Delhi IDFC FIRST Bank’s senior management has volunteered to take a 10 per cent pay cut for the financial year 2020-21 amid the coronavirus cri

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

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.

Eave House / Ming Architects

Completed in 2018 in Singapore. Images by Edward Hendricks, Singapore Tatler Homes. The design of this detached bungalow in an upscale housing estate in central Singapore was derived from the shape of the triangular plot of land on...

Eave House / Ming Architects

Completed in 2018 in Singapore. Images by Edward Hendricks, Singapore Tatler Homes. The design of this detached bungalow in an upscale housing estate in central Singapore was derived from the shape of the triangular plot of land on...

Mother's House / 1+1>2 Architects

Completed in 2019 in Cổ Đông, Vietnam. Images by Hiroyuki Oki. Mother’s house is located in Jackfruit Village, Co Dong Commune, Son Tay district, Western suburb of Hanoi. The land slopes gradually to the lake...

Mother's House / 1+1>2 Architects

Completed in 2019 in Cổ Đông, Vietnam. Images by Hiroyuki Oki. Mother’s house is located in Jackfruit Village, Co Dong Commune, Son Tay district, Western suburb of Hanoi. The land slopes gradually to the lake...

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

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

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...

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.

Five business groups urge Ontario to halt commercial evictions during pandemic

Ontario Premier Doug Ford has previously declined to freeze commercial evictions

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.

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.

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.

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.

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

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.

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.

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.

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.

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.

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.

I received a $1,000 stimulus check from the government — here's exactly what I did with it, Business Insider - Business Insider Singapore

Business Insider - Erin Greenawald wanted to give back to local businesses, so she donated to freelancer funds, commissioned art, and bought gift cards from restaurants.. Read more at businessinsider.sg

I received a $1,000 stimulus check from the government — here's exactly what I did with it

Erin Greenawald wanted to give back to local businesses, so she donated to freelancer funds, commissioned art, and bought gift cards from restaurants.

I received a $1,000 stimulus check from the government — here's exactly what I did with it

Erin Greenawald wanted to give back to local businesses, so she donated to freelancer funds, commissioned art, and bought gift cards from restaurants.

I received a $1,000 stimulus check from the government — here’s exactly what I did with it

When I first heard the American government was sending money directly to citizens to help them get through the COVID-19 crisis, I just assumed I wouldn’t be getting any, considering I’ve been relatively lucky during this time and am still making my standard income. So when I found out it would be going to everyone earning below a certain income, including me, I was faced with the fortunate challenge of figuring out the best thing to do with some bonus cash.

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....

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

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.

Gucci announces plans to cut back to 2 fashion shows a year as the coronavirus pandemic ravages the luxury fashion industry, Business Insider - Business Insider Singapore

Business Insider - "I will abandon the worn-out ritual of seasonalities and shows to regain a new cadence, closer to my expressive call," Gucci's creative director said.. Read more at businessinsider.sg

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. The company says instead of replacing Marino it has created an executive committee to run the firm that includes chairman and former chief executive Lorenzo Donadeo, who has been named executive chairman. …

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

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.

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.

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...

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.

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.

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.

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.

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.

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

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

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 ...

Aston Martin CEO Being Replaced With Mercedes-AMG CEO

Having struggled over the past several months, the coronavirus pandemic has exacerbated problems for Aston ...

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

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.

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.

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 ...

Asian shares reverse early gains

Eyes on China-US trade relations.

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.

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.

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.

UPDATE 1-China's pork imports in April jump 170% to record high

* African swine fever slashed China's pig herd* Chinese buyers stock up on cheap U.S. pork* Pork prices have fallen in China (Adds graphic, details)BEIJING, May 25 (Reuters) - 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.

China's pork imports in April jump 170% to record high

BEIJING, May 25 (Reuters) - 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.China imported 1.35 million tonnes of pork in the first four months of this year, surging 170.4% from the same period a year ago, after a plunge in domestic production kept prices much higher than other markets.

Nissan and Renault shelve merger plans to repair their alliance, say sources

NEW YORK, May 26 — 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. Nissan has long resisted Renault’s proposals...

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.

Nissan and Renault shelve merger plans to repair their alliance: sources

Nissan and Renault shelve merger plans to repair their alliance: sources

German sentiment survey boosts stocks, Europe focuses on recovery fund

LONDON, May 26 — Stocks gained modestly yesterday 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. MSCI’s gauge of world stocks gained 0.4 per cent, nearing a...

Global Markets: German sentiment survey boosts stocks, Europe focuses on recovery fund

By Yoruk Bahceli and Saikat Chatterjee 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. MSCI's gauge of world stocks gained 0.4%, nearing a 2-1/2 month high. The pan-European STOXX 600 index was up 1.2%

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.

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 ...

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...

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.

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, ...

Coronavirus: Spain urges foreign tourists to return from July

Restrictions have been eased in the European nation.

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: 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

As malls reopen across the country, worries grow that consumers won’t come back

Mall owners have a strong incentive to get their properties open safely, as rents have plummeted following the provincial orders to close

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.

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.

Ontario used auto dealers expect tough year ahead, prices already down

TORONTO — A new survey of Ontario used auto dealerships shows the market is already under pressure with more pain likely to come. The survey conducted by DesRosiers Automotive Consultants Inc. and the Used Car Dealers Association of Ontario found that almost a third of dealers saw prices decline between 11 and 20 per cent from March to April, …

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.

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.

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.

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

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 […]

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.

COVID-19: Karan Johar in self-isolation after household staff tests positive

Filmmaker says family tested negative but they will self-isolate

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.

View: China's crypto is all about tracing — and power

Digital yuan trials are taking place just as Covid deepens mistrust with the US.

[Andy Mukherjee] China’s crypto is all about tracing -- and power

The coronavirus has disrupted the world in very large ways. While that battle has been waged, however, another event has almost been missed: the birth of a new kind of fiat currency, which could forever reshape the relationship between money, economic power and geopolitical clout.　 An official Chinese digital yuan, more than five years in the making, is now in pilot runs to slowly start replacing the physical legal...

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.

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.

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.

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.

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.

Montreal-area retailers reopening to public, with distancing measures in place

MONTREAL — Many retail stores in Montreal area are opening their doors today, with customers being asked to remain spaced apart and follow hygiene protocols.

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 ...

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.

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

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.

EU eyes first face-to-face summit in months to haggle over budget

European Commission to propose blueprint for € 1tn multiannual financial framework

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 says preparing to gradually restart Mexico operations

The automaker will begin with vehicle and autoparts manufacturing activities

Nissan says preparing to gradually restart Mexico operations

MEXICO CITY (Reuters) - The Mexican unit of Nissan Motor Co Ltd unit said on Monday that it is preparing to gradually reopen under strict safety measures, beginning with activities that are directly related to vehicle and autoparts manufacturing.

Nissan says preparing to gradually restart Mexico operations

Nissan says preparing to gradually restart Mexico operations

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.

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.

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...

'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

'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.

US farmers worried as crop prices dip

Market disruptions have been caused by the Covid-19 pandemic.

Hong Kong border town slumps as mainland traders vanish

Last summer, pro-democracy protesters harassed Chinese traders in Sheung Shui and smashed storefronts that catered to them in the Hong Kong border ...

Hong Kong border town slumps as mainland traders vanish

SHEUNG SHUI, Hong Kong (Reuters) - Last summer, pro-democracy protesters harassed Chinese traders in Sheung Shui and smashed storefronts that catered to them in the Hong Kong border town, angry at what they saw as a de facto invasion.

Hong Kong border town slumps as mainland traders vanish

Last summer, pro-democracy protesters harassed Chinese traders in Sheung Shui and smashed storefronts that catered to them in the Hong Kong border town, angry at what they saw as a de facto invasion. The protesters, many from elsewhere in Hong Kong, built on years of resentment by some locals who blame

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

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.

Bust-up over climate weighs on EU-UK talks, risks trade rifts

* EU worried over level playing field on climate after Brexit* UK says it has own ambitious goals, rejects binding EU targets* Talks on new Brexit deal deadlocked before June crunch timeBy Gabriela Baczynska and Kate AbnettBRUSSELS, May 25 (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.

Oppenheimer & Co. Inc. Boosts Stock Position in Axon Enterprise Inc (NASDAQ:AAXN)

Oppenheimer & Co. Inc. increased its stake in shares of Axon Enterprise Inc (NASDAQ:AAXN) by 20.5% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 8,830 shares of the industrial products company’s stock after purchasing an additional 1,500 shares during […]

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 […]

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 […]

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

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 internet.Finding someone who knows what they’re talking about, and who isn’t trying to take advantage of you, can be tougher. Fortunately, several groups of credentialed, trustworthy financial advisers are stepping up to offer free help.Groups such as the Financial Planning Association, the XY Planning Network, the National Association of Personal Financial Advisors, the Association for Financial Counseling & Planning Education and the National Foundation for Credit Counseling are among the organizations offering free consultations to help people na

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...

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

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.

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.

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

EU must present united front to shield pandemic-hit banks: regulator

EU must present united front to shield pandemic-hit banks: regulator

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.

Kotak Mahindra Bank slashes interest 0.50% rate on savings deposits

Private sector lender Kotak Mahindra Bank (KMB) on Monday slashed the interest rate on savings deposits by a further 0.50 percent. The bank has cut rates twice last month on its deposit rate offering on the savings accounts.

Kotak Mahindra Bank cuts interest rate by 0.50% on savings deposits

Private sector lender Kotak Mahindra Bank (KMB) on Monday slashed the interest rate on savings deposits by a further 0.50 per cent. The bank has cut rates twice last month on its deposit rate offering

Fiera Capital Corp Sells 307 Shares of Aptiv PLC (NYSE:APTV)

Fiera Capital Corp trimmed its holdings in Aptiv PLC (NYSE:APTV) by 2.3% during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 12,935 shares of the auto parts company’s stock after selling 307 shares during the period. Fiera Capital Corp’s holdings in Aptiv […]

Cenovus Energy Inc (NYSE:CVE) Shares Sold by Fiera Capital Corp

Fiera Capital Corp reduced its stake in shares of Cenovus Energy Inc (NYSE:CVE) (TSE:CVE) by 14.2% during the 1st quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 228,789 shares of the oil and gas company’s stock after selling 37,838 shares during the period. Fiera Capital Corp’s holdings in […]

Fiera Capital Corp Sells 618 Shares of Diageo plc (NYSE:DEO)

Fiera Capital Corp lowered its stake in Diageo plc (NYSE:DEO) by 9.6% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 5,822 shares of the company’s stock after selling 618 shares during the period. Fiera Capital Corp’s holdings in Diageo were worth $741,000 as […]

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

The 'Mogote' is a $87,500 lofted tiny home on wheels that can sleep up to 4 people — see inside

Baluchon prioritizes using local, "eco-responsible and bio-based" supplies, according to the company.

Go read this fascinating interview with a woman who inherited Elon Musk's old cell phone number — and a constant barrage of texts and calls, Business Insider - Business Insider Singapore

Business Insider - A 25-year-old kept getting texts and calls from people trying to reach Elon Musk. It turns out she had inherited his old phone number.. Read more at businessinsider.sg

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

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.

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.

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...

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.

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.

HDFC Q4 profit declines 10 per cent to Rs 4,342 crore

The board has proposed a dividend of Rs 21 per share of the face value of Rs 2 per unit, HDFC Ltd said in a regulatory filing.

Housing firm HDFC Ltd profit declines 10% to Rs 4,342 crore in Q4

The company's net profit (before adjustment of minority interest) was Rs 4,811.26 crore in January-March quarter of 2018-19

HDFC Ltd Q4 profit declines 10 pc to Rs 4,342 cr 

Housing finance firm HDFC Ltd on Monday reported a 10 per cent decline in consolidated net profit to Rs 4,341.58 crore for the fourth quarter ended March 31. 

Top German court grants buybacks for VW diesel car owners

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" cases.

Top German court grants buybacks for Volkswagen diesel car owners

News News: Almost five years after Volkswagen's admission to cheating on emissions tests involving millions of diesel-engined cars, the ruling is the first real

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" ...

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.

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.

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.

Most actively traded companies on the TSX

TORONTO — Some of the most active companies traded Monday on the Toronto Stock Exchange: Toronto Stock Exchange (15,075.42, up 161.78 points.) HEXO Corp. (TSX:HEXO). Health care. Up 21 cents, or 23.86 per cent, to $1.09 cents on 22.3 million shares.

Most actively traded companies on the TSX

TORONTO — Some of the most active companies traded Monday on the Toronto Stock Exchange:

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.

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.

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...

Asian shares up as recovery hopes overshadow virus worries

TOKYO — Shares rose in Asia on Tuesday as some regions in Japan resumed close-to-normal business activity, with hopes for economic recovery overshadowing worries over the coronavirus pandemic. The market focus is shifting to how various nations are adapting to getting back to business, while striving to keep new COVID-19 cases in check. Japan lifted …

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

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

Streetwise newsletter: Public pension plans largely stick to convention and offer little information on pandemic impact

Public pension plans largely stick to convention and offer little information on pandemic impact: The Canada Pension Plan Investment Board is about to give Canadians insight into what COVID-19 has done to the investments of the country’s public pensions in the past few months – but for members of most other major plans, the damage that’s been done from a sharp, sudden decline in markets may remain a mystery. (David Milstead)

Public pension plans largely stick to convention and offer little information on pandemic impact

Neglecting to release quarterly results, the plans’ leaders say they’re built for the long term, no matter this year’s damage

Prim House / Studio Locomotive

Completed in 2019 in Thailand. Images by Beersingnoi. Prim House, designed by Studio Locomotive, is an unassuming two-storey home on a hundred-square-meter slice of land. The house is named after the...

Prim House / Studio Locomotive

Completed in 2019 in Thailand. Images by Beersingnoi. Prim House, designed by Studio Locomotive, is an unassuming two-storey home on a hundred-square-meter slice of land. The house is named after the...

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.

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.

India sharply cuts exposure to US govt securities to $156.5 billion in March

India's holding declined by USD 21 billion to USD 156.5 billion at the end of March. The exposure was at a record high of USD 177.5 billion in February and USD 164.3 billion in January.

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.

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

India looks to store cheap oil in United States: Dharmendra Pradhan

India Business News: India is looking at storing some low priced US oil in facilities there as its local storage is full, oil minister Dharmendra Pradhan said. India’s pla

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

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...

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.

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.

HDFC posts 22% fall in Q4 net, provisions rise on COVID-19 impact

It has reported an increase in provisioning, including impact for COVID-19, at Rs 1,274 crore (Rs 398 crore for COVID-19). The HDFC board has proposed a final dividend of Rs 21 per share as against a final dividend of Rs 17.50 the previous year.

HDFC Q4 profit at Rs 2,233 crore, provisions spike on COVID-19 impact; loan growth at 12%

Revenue from operations during the quarter increased 3.4 percent to Rs 11,976 crore, compared to Rs 11,580 crore in corresponding period last fiscal.

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....

George R.R. Martin joins group to buy historic railway

SANTA FE, N.M. — 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. Violet Crown cinema owner Bill Banowsky, National Dance Institute of New Mexico co-founder Catherine Oppenheimer and Martin recently purchased the decades-old railway and trains along the …

Cornerstone House / Splinter Society

Completed in 2019 in Melbourne, Australia. Images by Sharyn Cairns. Located in the north-side suburb of Northcote, the Cornerstone House emerges as an ode to the rugged beauty inspired by the project site itself,...

Cornerstone House / Splinter Society

Completed in 2019 in Melbourne, Australia. Images by Sharyn Cairns. Located in the north-side suburb of Northcote, the Cornerstone House emerges as an ode to the rugged beauty inspired by the project site itself,...

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.

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

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.

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.

Nigeria’s economy grew in first quarter 2020 amidst global crisis

Amid global health and economic crises, Nigeria’s economic grew in the first quarter of 2020 by 1.87 per cent, the National Bureau of Statistics (NBS)

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.

Sebi okays use of shares in depository account as margin until Aug 31

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

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.

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.

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.

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

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...

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.

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.

US Dollar Index Asia Price Forecast: DXY parked below the 100.00 mark

The US Dollar Index (DXY) is starting the week with an attempt to retake the 100.00 mark and the 50 SMA. However, Monday’s bulls’ effort has not been successf

US Dollar Index Price Analysis: Upside targets the 100.00 mark

Monday’s upside momentum in DXY appears to have lost some vigour in the vicinity of the key barrier at 100.00 the figure so far. A surpass of the 100.

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

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

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

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

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.

Memorial Day sales 2020: here are the best deals

The Memorial Day sale event has arrived, and we've rounded up the best Memorial Day sales and deals from Lowe's, Home Depot, Best Buy, and more.

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.

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

Payments for CERB top $40 billion as feds open doors for commercial rent help

OTTAWA — 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.Federal figures posted . . .

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.

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.

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.

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.

U.S.' Regeneron to buy back $5 billion stake held by Sanofi

PARIS (Reuters) - U.S. company Regeneron Pharmaceuticals said it had agreed to repurchase approximately $5 billion of its shares directly from French drugmaker Sanofi.

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.

Nissan has not confirmed if plans to close Spanish plant: industry secretary

Nissan Motor has not confirmed whether it plans to close its plant in Barcelona, a senior Spanish industry ministry official said on Monday.

Nissan has not confirmed if plans to close Spanish plant: industry secretary

Nissan has not confirmed if plans to close Spanish plant: industry secretary

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.

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.

ONGC may buy IL&FS’ 26% stake in Tripura power arm

IL&FS invites expressions of interest for share acquisition

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

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

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

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

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.

House CMV / Estudio MMX

Completed in 2016 in Valle de Bravo, Mexico. Images by Rafael Gamo. The main actor is not the house, but the landscape. The breath-taking force of a natural landscape like this one, must not be eclipsed, but...

House CMV / Estudio MMX

Completed in 2016 in Valle de Bravo, Mexico. Images by Rafael Gamo. The main actor is not the house, but the landscape. The breath-taking force of a natural landscape like this one, must not be eclipsed, but...

50 trafficked Nigerian girls, 19 others repatriated from Lebanon

The Minister of Foreign Affairs, Geoffrey Onyeama, confirmed the development on Monday

50 trafficked Nigerians girls, 19 others arrive from Lebanon

By Victoria Ojeme The Federal Government yesterday said through the support of the Lebanese government and Lebanese  community in Nigeria on Monday received 50 trafficked  Nigerian girls and 19 stranded Nigerians were successfully evacuated from Lebanon and arrived  Nigeria. The Minister of Foriegn Affaris Geoffrey Onyeama on his twitter handle made this known, said theRead More

Siemens to initially keep 45% in Siemens Energy after spin-off: sources

MUNICH (Reuters) - Siemens is planning to keep a 45% stake in its energy business which the German engineering group wants to spin off later this year, two people close to the matter said on Monday.

Siemens to initially keep 45% in Siemens Energy after spin-off: sources

Siemens to initially keep 45% in Siemens Energy after spin-off: sources

French billionaires raise stakes in defence of publisher Lagardere

PARIS (Reuters) - France’s business elite closed ranks around publishing group Lagardere (LAGA.PA) on Monday with LVMH’s Bernard Arnault and Vivendi’s (VIV.PA) Vincent Bollore swooping in to bolster its defences against London-based hedge fund Amber Capital.

French billionaires raise stakes in defence of publisher Lagardere

French billionaires raise stakes in defence of publisher Lagardere

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.

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...

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.

Covid-19: Minister confirms review of special unemployment payment

Figures show 35,600 people who were receiving the benefit are now returning to work

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

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.

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.

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.

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

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

‘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

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.

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.

Oppenheimer Asset Management Inc. Acquires 11,774 Shares of Aptiv PLC (NYSE:APTV)

Oppenheimer Asset Management Inc. increased its holdings in shares of Aptiv PLC (NYSE:APTV) by 358.7% during the first quarter, HoldingsChannel.com reports. The fund owned 15,056 shares of the auto parts company’s stock after buying an additional 11,774 shares during the quarter. Oppenheimer Asset Management Inc.’s holdings in Aptiv were worth $741,000 as of its most […]

Oppenheimer Asset Management Inc. Acquires 11,774 Shares of Aptiv PLC (NYSE:APTV)

Oppenheimer Asset Management Inc. increased its holdings in shares of Aptiv PLC (NYSE:APTV) by 358.7% during the first quarter, HoldingsChannel.com reports. The fund owned 15,056 shares of the auto parts company’s stock after buying an additional 11,774 shares during the quarter. Oppenheimer Asset Management Inc.’s holdings in Aptiv were worth $741,000 as of its most […]

HDFC Q4 profit drops 22 pc to Rs 2,233 crore, declares dividend of Rs 21 per share

HDFC Q4 profit drops 22 pc to Rs 2,233 crore, declares dividend of Rs 21 per share: Housing Development Finance Corporation (HDFC) on Monday reported 22 per cent fall in net profit at Rs 2,233 crore for the January to March quarter.. Get all latest entertainment & viral stories on english.lokmat.com

HDFC Q4 results: Profit drops 22% YoY to Rs 2,233 crore; firm announces dividend of Rs 21 per share

Profit fell as dividend income received during the quarter was mere Rs 2 crore.

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...

OMalayitsha call on Government to provide special permits

Chronicle Reporter CROSS border transporters popularly known as oMalayitsha have called on Government to assist them with special permits which will ensure smooth passage of their goods into the country to enable them to transport food to vulnerable families in the country on time. The Malayitsha trade has been in existence for over two decades servicing mostly Matabeleland. For many years oMalayitsha have been a vital cog in ensuring that goods from neighbouring countries especially South Africa and Botswana reach intended families who rely on their diaspora relatives for survival. Many families in Zimbabwe, especially the southern region, have long relied on supplementary essentials sent by their relatives who reside in neighbouring South Africa have known no other way of getting their goods into the country other than omalayitsha.

Latam FX, stocks rally on economic recovery hopes

Latin American currencies firmed onMonday on hopes of an economic recovery as more economiesemerged from pandemic-induced lockdowns, although simmeringU.

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…

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.

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.

Prudential Uganda donates Ush300 million in COVID -19 Food relief

Prudential,  which provides long-term protection and investment opportunities to Ugandans through innovative and affordable life assurance products, has this morning donated Ush300million towards the COVID -19 food relief. Prudential Uganda’s donation is aimed at feeding the most vulnerable and poor communities who have been affected by the lockdown that was instituted almost three months ago by the government as one of the preventative measures to control the spread of COVID -19. The Donation will be distributed by Humanitarian Operations Projects and Emergencies (HOPE) and Heal the Planet Global Organisation (HTP) on behalf of Prudential Uganda Ltd. According to Arjun Mallik, the Managing Director Prudential East Africa, communities across the country have been greatly affected by the lockdown measures designed to curb the spread of COVID -19. “These measures, while implemented with positive intent, have adversely affected the most vulnerable people in our communities, who survive by being able to access the…

Volkswagen agrees to compensate tens of thousands of German motorists

Leipzig court ruling opens door to claims from at least 60,000 car owners

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…

Coronavirus impact: Three Hyundai employees test positive for COVID-19

In the first week of resuming operations at the Hyundai Motor India plant, three employees were showing symptoms of being infected by the Coronavirus and have been tested positive.

Maruti, Hyundai employees test COVID-19 positive, firms not to shut down

India's top carmakers Maruti Suzuki India Ltd and Hyundai Motor India Ltd on Sunday said they will not suspend production at their factories in Manesar and Irungattukottai near Chennai respectively despite some of their employees testing positive for coronavirus in the last two days.

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.

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.

Nigeria’s economic growth slows to 1.87% in Q1’2020

Nigeria recorded a lower GDP or economic growth of 1.87 percent, year-on-year, in the first quarter of the year (Q1’2020).

Nigeria’s economy expands 1.87% y/y in Q1

Expected recession could be worst in 40 years -World Bank.

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 […]

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 […]

Swedish retailer lists Metroid Prime Trilogy for Nintendo Switch release 19th June

Swedish video games retailer Inet has listed the long-rumoured Metroid Prime Trilogy for Nintendo Switch with a 19th June release date. That date is the same as the revised date for Sony’s up…

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.

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 […]

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 […]

Fiera Capital Corp Decreases Position in Canopy Growth Corp (NYSE:CGC)

Fiera Capital Corp reduced its stake in Canopy Growth Corp (NYSE:CGC) by 2.5% during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 30,751 shares of the marijuana producer’s stock after selling 783 shares during the period. Fiera Capital Corp’s holdings in Canopy Growth […]

Fiera Capital Corp Grows Position in salesforce.com, inc. (NYSE:CRM)

Fiera Capital Corp lifted its holdings in salesforce.com, inc. (NYSE:CRM) by 3.2% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,677 shares of the CRM provider’s stock after buying an additional 175 shares during the period. Fiera Capital […]

130 People Claim To Be Jeffrey Epstein’s Children In Scramble For His $635m Estate

Up to 130 people have come out to claim they could be a child of deceased financier Jeffrey Epstein in a bid to inherit part of the late paedophile's $635 million estate.

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.

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 […]

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% […]

Ameren Corp (NYSE:AEE) Stock Position Increased by Cambridge Investment Research Advisors Inc.

Cambridge Investment Research Advisors Inc. lifted its position in Ameren Corp (NYSE:AEE) by 3.7% during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 33,502 shares of the utilities provider’s stock after buying an additional 1,188 shares during the period. Cambridge Investment Research Advisors Inc.’s holdings in […]

Cambridge Investment Research Advisors Inc. Sells 20,113 Shares of Novo Nordisk A/S (NYSE:NVO)

Cambridge Investment Research Advisors Inc. cut its stake in Novo Nordisk A/S (NYSE:NVO) by 33.3% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 40,315 shares of the company’s stock after selling 20,113 shares during the period. Cambridge Investment Research […]

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 […]

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 […]

Want to become a billionaire? Here are the industries that produce the most ultrawealthy people

While a select few have become billionaires working in the food and beverage sector, a lot more people become rich in real estate.

Want to become a billionaire? Here are the industries that produce the most ultrawealthy people

People have been able to turn lots of different ideas into billion-dollar businesses, but it’s easier in some fields than others.

Unemployment at 9.2% in Latvia in April

In April 2020, the unemployment rate in Latvia was 9.2%, which is 1.3 percentage points higher as compared to March, according to May 25 data from the Central Statistical Bureau (CSB).

Actual unemployment level in Latvia at 9.2% in April

In April 2020 actual unemployment rate comprised 9.2 %, which is 1.3 percentage points more than in March.

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

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.

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

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

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

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.

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...

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...

German activity picks up, can't escape official recession

FRANKFURT — A key indicator of German business outlooks bounced upward in May as more businesses and activities re-opened — but the index remained far below normal readings as Germany faced a long journey toward full recovery from the coronavirus downturn. Revised official figures released separately Monday showed the economy has now recorded two straight …

German activity picks up, can’t escape official recession

FRANKFURT, Germany (AP) — A key indicator of German business outlooks bounced upward in May as more businesses and activities re-opened — but the index remained far below normal readings...

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

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.

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

Kotak Mahindra Bank shareholders approve plan to raise capital

Kotak Mahindra Bank on Monday said it has received shareholder approval for its capital raising plans.“We would like to inform you that the above mentioned special resolution has been passed by the me

NNPC says top management appointments on merit

The Nigerian National Petroleum Corporation (NNPC) says professional competence, adherence to the principle of transparency and accountab

NNPC says top management appointments on merit

The Nigerian National Petroleum Corporation (NNPC) says professional competence, adherence to the principle of transparency and..

Cambodia bourse sees first bank listing

Acleda Bank, the largest commercial bank in Cambodia, downplays the risks of debuting on the Cambodia Securities Exchange during the coronavirus pandemic

Cambodia bourse sees first bank listing

PHNOM PENH, May 25 — Cambodia’s largest commercial bank listed on the country’s stock market today, the first lender to trade on the fledgling exchange, despite uncertainty caused by the coronavirus pandemic. Acleda Bank became the sixth firm to join the Cambodia Securities Exchange (CSX),...

Fire at Bombardier plant being treated as accidental

A fire at the Bombardier Aerospace plant in Belfast is being treated as accidental.

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.

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

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

House With Four Roofs / GAISS

Completed in 2019 in Riga, Latvia. Images by Reinis Hofmanis. Riga based architecture studio GAISS have designed a private house for a young family with a roofscape that has inclinations in four directions. The...

House With Four Roofs / GAISS

Completed in 2019 in Riga, Latvia. Images by Reinis Hofmanis. Riga based architecture studio GAISS have designed a private house for a young family with a roofscape that has inclinations in four directions. The...

Old-fashioned milkman makes the rounds as U.S. shoppers stay home

MIDDLETOWN, Md., May 25 (Reuters) - The milk truck can be heard more than a block away, chugging along the narrow tree-lined streets of Washington's historic Capitol Hill neighborhood. Milkman Seth Burmeister is making the first of the day's 150 home deliveries of milk, eggs and ice cream produced at South Mountain Creamery in Middletown, Maryland, some 60 miles (100 km) away.

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.

Currys Bank Holiday sales: today's best tech and home deals

Currys bank holiday sales mean you can grab top deals on laptops, 4K TVs, appliances and more.

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.

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

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...

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.

Hard times for Boeing, long a symbol of American might

New York, United States | AFP | Faced with the calamitous fallout from the coronavirus on airline customers and the broader economy, Boeing found itself in an unfamiliar and uncomfortable position in March. The company, a longtime symbol of American industrial power, was unable to raise the funds to finance its business. Since that low point …

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.

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

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...

Putrajaya dedicates MAEPS as quarantine zone for undocumented migrants with Covid-19

KUALA LUMPUR, May 25 — Detainees at Immigration detention centres who contract Covid-19 will be housed and treated at the Malaysia Agro Exposition Park Serdang (MAEPS) that will now be exclusive to the group, Senior Minister Datuk Seri Ismail Sabri Yaakob said today. In his daily security press...

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 »

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

Greece resumes island ferry services in bid to salvage tourist season

More than 34 million visitors travelled to Mediterranean country last year

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.

Seoul stocks close higher on hopes of economic stimulus

South Korean shares closed sharply higher Monday on hopes of massive economic stimulus steps sought by the local government. The Korean won fell against the US dollar amid the growing tension between the United States and China. The benchmark Korea Composite Stock Price Index (KOSPI) gained 24.47 points, or 1.24 percent, to close at 1,994.60. Trading volume was moderate at about 630 million shares worth some 7.84 tr...

Seoul stocks open higher on vaccine hopes

South Korean shares opened higher Monday on hopes of a new coronavirus vaccine. The benchmark Korea Composite Stock Price Index (KOSPI) rose 6.16 points, or 0.31 percent, to 1,976.29 in the first 15 minutes of trading. Optimism grew after a US bio firm, Moderna, again reported positive test results from its candidate vaccine. Such reports from the US firm sparked a global stock market rally last week. Large caps ...

Gold falls as potential Japan stimulus boosts risk appetite

Gold declined on Monday as Japaneseequities rose on news of a potential stimulus program thatboosted investors’ risk appetite, though fresh tensions overHong Kong limited the metal’s fall.

Gold falls as Japanese shares rise on potential stimulus report

Gold dipped on Monday as Japaneseequities rose on news about a potential stimulus program,although losses were capped by a weaker dollar and worries offresh Sino-U.

Coronavirus lockdown: Maruti Suzuki resumes manufacturing at Gujarat plant

SMG had suspended production at the Hansalpur (Gujarat) plant on March 23 to check the spread of COVID-19

Maruti Suzuki Resumes Production At Gujarat Plant Amid Covid-19 Coronavirus

Maruti Suzuki, the country’s largest vehicle maker, has restarted production at its Gujarat plant as the country is the midst … Maruti Suzuki Resumes Production At Gujarat Plant Amid Covid-19 Coronavirus Read More »

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.

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

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.

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.

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.

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.

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 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

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,

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.

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

GBP/USD Price Analysis: 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

New Orleans: Modern Design in The Big Easy

Discover the modern architecture of New Orleans and a rich cultural history.

New Orleans: Modern Design in The Big Easy

Discover the modern architecture of New Orleans and a rich cultural history.

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.

Mexican auto industry groups urge Puebla state to allow operations to restart

Mexican auto industry groups urge Puebla state to allow operations to restart

Punta Chilen House / Baltazar Sánchez

Completed in 2016 in Ancud, Chile. Images by Nico Saieh. This house is situated on a hill located on a kind of island that visually delimits the sea on all its fronts. In accordance with the requirements of...

Punta Chilen House / Baltazar Sánchez

Completed in 2016 in Ancud, Chile. Images by Nico Saieh. This house is situated on a hill located on a kind of island that visually delimits the sea on all its fronts. In accordance with the requirements of...

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.

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.

VIDEO: Louis van Gaal's best press conference moments

During his two years as Manchester United manager, Louis van Gaal delivered some memorable moments in his press conferences.

Louis van Gaal's best press conference moments

During his two years as Manchester United manager, Louis van Gaal delivered some memorable moments in his press conferences.

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.

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.

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.

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.

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.

Buy Hawkins Cookers; target of Rs 4900: ICICI Direct

ICICI Direct is bullish on Hawkins Cookers has recommended buy rating on the stock with a target price of Rs 4900 in its research report dated May 22, 2020.

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...

Here’s what Americans can’t wait to spend their money on when the country reopens

When the coronavirus lifts, viral spending will kick in.

S. Korea, China to discuss expanding scope of FTA

South Korea said Tuesday it will hold the seventh round of talks with China this week to discuss expanding the scope of their bilateral free trade agreement (FTA) to better cover the service and investment sectors. The two countries will begin a four-day virtual meeting Tuesday to "speed up" the progress amid the new coronavirus pandemic that has virtually frozen global travel and economic activities, acco...

Rural job crisis ‘deepens’

Unemployment rate increases to 25 per cent from 22 per cent

Korea's consumer sentiment improves in May on eased virus concerns

South Korea's consumer sentiment slightly rebounded in May, central bank data showed Tuesday, apparently on a sharp decline in the number of new COVID-19 infection cases here. The country's composite consumer sentiment index (CCSI) came to 77.6 in the month, up 6.8 points from a month earlier when the index dropped to the lowest level since December 2008, according to the data from the Bank of Korea (BOK). A readin...

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...

Colgate Palmolive rating: Hold – Covid-19 cast shadow on volumes in Q4

Market share gains, needed for a re-rating, may take time; ‘Hold’ maintained with target price of Rs 1,340

Despite success of Teams, Microsoft says they will continue to show Skype love

Before the current coronavirus crisis, Skype appeared to be one of Microsoft’s numerous wasted investments. Purchased in October 2011 for $8.5 billion, the product has failed to keep up with messaging rivals and suffered from numerous unwelcome changes in direction. Microsoft’s solution was to integrate Skype for business’s functionality into Microsoft Teams, which saw a […]

HDFC reports 22 per cent drop in net over spike in bad loans, provisioning

“On the balance sheet level, we are carrying provisions of Rs 10,988 crore, which is much higher than the regulatory requirement of Rs 4,188 crore,” said Keki Mistry, vice chairman and chief executive officer (CEO), HDFC.

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.

Gujarat Pipavav Port (₹63.1): Buy

The stock of Gujarat Pipavav Port has been in a short-term uptrend since it took support, recording a 52-week low at ₹45.5 in late March this year. On Friday, the stock rallied 3.6 per cent with above

5paisa.com CEO: Profitability is in our sight, but it’s not our focus

Currently, 80% of the customers the company acquires are coming to the capital market for the first time and they have never traded or invested in their life.

Ikea India starts contactless shopping in Hyderabad store

Ikea India has restarted its online services in Hyderabad store in conformity with the latest government guidelines. The company on Monday launched ‘click and collect’ — a safe and contactless shopping experience.

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.

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…

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).

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.

Beware of property developers

A chara, – Michael O’Flynn must have been delighted with the coverage his submission to the Minister for Finance Paschal Donohoe and other senior politicians received in The Irish Times (“Developer O’Flynn calls for task force to deal with housing crisis”, Business, May 25th). Mr O’Flynn’s proposed “task force on housing” would focus on a number of issues dear to property developers’ hearts: getting the State to subsidise more mortgages by taking equity stakes in mortgaged properties, relaxing Central Bank rules on lending, eliminating VAT on construction (what business sector wouldn’t like that?), scrapping land-zoning regulations, and preventing the Land Development Agency from building homes on private sites.

'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.

All you wanted to know about tax deductions in times of Covid

Only employer can decide to cut TDS later in the year

The grey vote and the next generation

Sir, – I readily agree with Michael Durkan’s sentiments (Letters, May 25th). Aside from the lack of properly run residential care for older people, this section of the population are at the receiving end of positive discrimination in each budget. Our expenses are low in comparison with parents of children. While some complaints have been made on the issue of cocooning, the victims of Covid-19 include younger people who are facing employment uncertainty in the coming years.

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.

Questioning the lockdown

Sir, – Since the decision to shut down the country, drive businesses to the wall, put a huge number of people out of work, cripple the travel industry and saddle the country with a debt it will take generations to pay off was made by our national GP, Leo Varadkar, who couldn’t muster electoral support above the mid-thirties in the Dáil, might it not be timely to break with the heretofore standard practice of giving him a free pass on absolutely everything and actually try holding him to account? You know, like journalists? – Yours, etc,

Why smart investors are buying gold in midst of Covid

Gold as an asset usually shares negative correlation with other assets (such as equity, debt and real estate), and tends to perform better during risk-off periods. It protects the investors’ capital against tail risks and other events that have an adverse impact on capital or wealth.

Stock markets: Tips to control your fears in a volatile market

If you are still working and saving for the future, a downturn should not be a reason to panic. Rather, rebalance your portfolio, boost your savings and invest according to current market conditions

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.

Vedanta: Going Private

Vedanta's promoters have decided to take the company private. The company has been investing in capital assets year-over-year to the extent that the fixed asset

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.

Why choose a business course? Creativity, teamwork alongside enterprise

Consider average class size, work experience, project work when choosing your course

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

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

Central bank asset purchases creating ‘fake markets’, analyst warns

'They're no longer related to any fundamental analysis whatsoever'

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.

Biden set to make risky economic argument against Trump

Joe Biden is taking on President Trump over the economy.

Euro giants prepared to axe €25m+ ace to finance permanent deal for Arsenal loanee

Strategy outlined, Gunners could have decision to make...

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

WTI Price Analysis: Seesaws around $34.00 inside short-term rising wedge

WTI takes around to $34.00 amid the early Tuesday morning in Asia. While stepping back from $34.05, the oil benchmark seems to portray the rising wedg

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

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.

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.

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

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

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.

Chelsea put €35m price-tag on influential figure amid interest from Euro giants

Will touted demands be met to seal exit?

AUD/USD remains directionless below 0.6600, US-China tension in focus

AUD/USD fails to extend the recovery moves from 0.6519 beyond 0.6550m, currently around 0.6543, during the early Asian morning on Tuesday. In doing so

Wirecard postpones issuing annual results again

Fintech says not all audit procedures completed and puts AGM back until August

US communities face tough choices on opening public pools

Industry groups and companies, meanwhile, report that sales of inflatable pools, swimming gear and kayaks are up.

Sydney’s flagship Apple Store reopens May 28 following renovations

Apple’s flagship store on George St. in Sydney will reopen on May 28 at 10:00 AM following renovations that began in early January. The store is Apple’s only location in Australia that did not reopen on May 7 after the COVID-19 pandemic prompted temporary store closures across the world. Apple Sydney closed on January 5 […]

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

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.

Vermilion Energy CEO’s departure signals return to conservative roots

Return of co-founder as executive chairman comes with greater focus on balance sheet

Fifteen U.S. value stocks set to perform strongly in a recovery

Looking for U.S. large and mid-cap value stocks

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

Guy Laliberté in talks with partners on a bid to win back Cirque du Soleil

The company’s founder will take part in effort to recapitalize the struggling company. He says the recovery could take years

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.

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.

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

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

Oklahoma woman missing since April following Facebook post that indicated she believed she had coronavirus

Talina Galloway, 53, of Wagoner, Oklahoma, was last heard from by her boss on March 27, 2020. Her last Facebook post was dated April 7. In the post, the posted stated she believed she had coronavirus but did not want to go to the hospital. Her purse and wallet were left at home. Her car was still in

Iberdrola: Renewable And Regulated Mean Dividend All But Guaranteed

Substantial income generated from regulated utility assets, a highly predictable source of cash as it's pre-ordained. It also generates electricity from renewab

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

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.

Abe vows to double Japan's virus relief package to over ¥200 tril

Prime Minister Shinzo Abe said Monday the Japanese government will almost double its emergency package to address the economic fallout from the coronavirus pandemic to over 200 trillion yen ($1.86 trillion) from the current 117.1 trillion yen. The Cabinet will approve a second supplementary budget for fiscal 2020 to finance…

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.

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

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

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

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.

Germany still in talks with EU over Lufthansa bailout, expects green light: Altmaier

BERLIN (Reuters) - Germany is still in talks with the European Commission over its rescue package for flagship carrier Lufthansa (LHAG.DE), Economy Minister Peter Altmaier said on Monday, adding that Berlin expected Brussels to give the green light for the bailout.

Financials Still A Value Trap

Financials have underperformed dramatically and seem optically cheap - with large capital buffers and unlimited Fed liquidity support and would benefit from GDP

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.

Man breached barring order again day after release on bail, court told

A special court on Saturday saw a man being charged with breaching a barring order by turning up at his mother’s house but he had to be arrested again on Sunday for the same offence.

Meituan Dianping (MPNGF) CEO Xing Wang on Q1 2020 Results - Earnings Call Transcript

Meituan Dianping (OTCPK:MPNGF) Q1 2020 Results Conference Call May 25, 2020 08:00 AM ET Company Participants Scarlett Xu - VP & Head of Capital Markets Xing

Canada's TSX gains more than 1% as financial shares climb

TORONTO — Canada’s main stock index rose on Monday, helped by gains for financial shares, as investors welcomed a stronger-than-expected rebound in German business morale.

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

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.

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

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...

Warren to host big-dollar fundraiser for Biden after swearing off such events during primary

Sen. Elizabeth Warren will host a high-dollar fundraiser for presumptive Democratic nominee Joe Biden despite distancing herself from such events while she ran for president.

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.

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

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.

Price of premium melons plunges

A pair of premium Japanese melons sold Monday for just a slice of the five million yen 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 yen at the season's first auction --…

Rich Chinese Snapping up Luxury Homes From Singapore to Sydney

Rich Chinese home buyers are back.

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

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.

How I furnished my entire investment apartment for less than $1000

My real estate agent had advised me that if my apartment was fully furnished – TV included – I could attract up to an extra $35 a week in rental income.

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.

North Texas Airbnb Has An Awesome 80’s and 90’s Themed Duplex, Complete With TMNT Arcade

Need to take a trip back in time, but don't have a Delorean? Looks like you just need to make a trip to Dallas.

Lawyer asks court to declare NSIA illegal

An Abuja-based lawyer, Johnmary Jideobi, on Friday, filed a suit before the Federal High Court in Abuja, seeking the suspension of the Managing

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.

WWE surprisingly abandon trademark filed for Edge

This is the 2nd time WWE have abandoned the plans to get this trademark for Edge!

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,

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

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

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

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.

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

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

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.

Xero Partners With Transferwise To Help SMBs With Cash Flow

New Zealand cloud accounting startup Xero​, is collaborating with British payments startup Transferwise to offer a wider suite of financial tools for SMBs.

UBS announces global financing team

NEW YORK (Reuters) - UBS (UBSG.S) said on Monday it has created a new global financing team, a group that will span across divisions under one group in order to serve clients in a faster and simpler fashion.

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

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.

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