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. 

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.

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...

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

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.

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.

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.

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.

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

Federal government launches hotline to offer businesses advice amid COVID-19 pandemic

The federal government has partnered with the Canadian Chamber of Commerce to launch a hotline to provide free advice to businesses.

Five9: Stock At All Time-Highs But Still Remains Attractive

Five9 reported a good Q1 with revenue growing 28% to ~$95 million, around $5 million above expectations. Management reiterated their 2020 revenue guidance of ~1

IPG Photonics: Buy On Weakness

IPG owns one of the safest and strongest balance sheets in corporate America. The long-term trend of rising demand for lasers of all types puts the wind at your

Arista Networks: Free Cash Flow To Drive The Stock Back To $300

Arista Networks displays a stellar balance sheet and juicy net profit margins. Discounted cash flow model points towards a return to $300/share, with prudent gr

New Bank of Canada Governor Faces Stagflation, Rosenberg Says

Incoming Bank of Canada Governor Tiff Macklem will face a combination of rising prices and stagnant growth as the economy struggles to recover from the coronavirus pandemic.

As GDPR turns two, some are doubting the Irish Data Protection Commission's ability to enforce rules

It's been two years since the European Union's General Data Privacy Regulation (GDPR) went into effect, with sweeping changes to how companies are able to handle customer data. It's also inspired similar rules that were adopted in the US, such…

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 …

Syria lifts night-time curfew from Tuesday, allows movement between governorates

CAIRO (Reuters) - Syria announced on Monday it will lift a night-time curfew, starting Tuesday evening, and will allow movement between governorates, state television said.

Why Didn’t the 1958 and 1918 Pandemics Destroy the Economy? Hint: It’s the Lockdowns

Leaving aside the fact there's no evidence lockdowns actually work, we can nonetheless look to past pandemics

Migrant (39) who failed to reach Europe dies in Libyan detention centre

A growing list of refugees and migrants have died after being forced back to Libya

Delhi gas operators seek tax relief, loan restructuring to deal with lockdown impact

 Pummeled by evaporating demand and fall in business due to the lockdown, city gas operators such as Adani Gas, GAIL and Torrent Gas have sought tax relief and loan restructuring to tide over

Some Americans Haven’t Seen Or Touched Another Person In 3 Months Due To The Coronavirus Pandemic

‘We are not meant to be alone,’ says a psychology professor. Some Americans have gone as long as three months without having direct, face-to-face contact with another person due to the ...

Merkel's conservatives want stimulus package to include tax relief - document

BERLIN (Reuters) - Chancellor Angela Merkel's conservatives are in favour of bringing forward tax relief measures worth at least 5 billion euros to help companies and consumers recover more quickly from the coronavirus pandemic, a document showed on Monday. Merkel's coalition government, which in March approved an unprecedented 750 billion-euro rescue package to shield Europe's largest economy from the impact of the coronavirus, is due next week to present additional stimulus to sustain the recovery. In a position paper seen by Reuters, lawmakers from Merkel's conservative bloc called on several measures to reduce the tax burden for the private sector, including making it simpler to offset losses against tax and speeding up already agreed tax cuts

Capturing The Trend In Cryptocurrencies

Bitcoin's price volatility reaches 6-year high. The upward momentum of cryptocurrencies can create enormous returns on investment, but the downside risk is subs

SA's corruption fighters may be crippled as justice sector faces cash crunch over Covid-19

The fight against corruption may falter while the country deals with the Covid-19 pandemic, as a budget cut of R1.7 billion is being "bandied about" for the already perennially cash-strapped justice sector.

Quarantined investors create ‘perfect storm of stupid’ (Plus, a TSX stock skyrocketing on the shift to remote working)

A roundup of investment ideas for active investors

“City of darkness” no longer – AfDB supported electricity project lights up Juba

The $38 million Juba Power Distribution System Rehabilitation and Expansion Project is almost completed according to a release by the AfDB.

UCD academics call for virus safety incentives for businesses

Study shows businesses that invest in workplace safety 20% more likely to ‘go under’

My Perennial Income Portfolio

The goal is to create a ‘stocks portfolio’ which will generate enough regular dividend cash to take care of my cash flow budget when I retire. The dividends sho

Analysis: Will Europe unite around the EU's coronavirus recovery plan?

Euronews' political editor Darren McCaffrey looks at the splits over the EU's coronavirus recovery plan.

Domestic mutual funds increase ownership of Nifty companies in Q4

Compared to the March quarter last year, the ownership is higher by 140 bps

Europeans Save Less, Spend More As Economy Lags

European consumers are saving more to safeguard against the pandemic economy, which analysts say will hinder economic recovery.

EU parliament may block fund unless it has grants which do not need to be repaid

Its president says it will block the fund proposed to stem the economic damage of coronavirus unless it is sufficiently ‘ambitious’

Coronavirus lockdown | UK to reopen thousands of shops next month, says Boris Johnson

Johnson is keen to restart an economy which has been all but shut down since Britain entered a lockdown to try to stem the spread of disease.

ASX to open higher, $A steady

Australian shares are poised to advance, extending Monday's surge. German shares lift on Lufthansa rescue.

Walmart: Don't Chase The Rally

Walmart US posts a record Q1, but the margin outlook is cause for concern. The International segment is set to come under pressure amid forced closures and macr

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...

Applied Materials - A Buy, But Expect A Rollercoaster Ride

Applied Materials is a leading maker of semiconductor capital equipment, and represents one way to play the long-term secular growth in compute power and digita

AUD/USD: Between economic recovery hopes and US-China tensions – CitiBank

Analysts at Citibank point out that US-China tension escalation and the concern of second wave crisis limited the performance of the Australian dollar

Hollywood producer charged with taking PPP funds, embezzling $14 mil

In recent years, he produced movies starring Halle Berry and Matthew McConaughey.

Prices Of N-95 Masks Fall 47% After Pharma Pricing Body's Advisory: Government

Leading manufacturers and importers of N-95 masks have reduced prices by up to 47 per after regulator NPPA stepped in to ensure the availability of this respiratory protection device at affordable rates in the country, the government said on Monday.

Gold Price Analysis: XAU/USD meets a plateau as global CODVID curve peaks

The price of XAU/USD is at $1,727.88, -0.45 and has sunk from a high of $1,735.67 falling to $1,721.61 on the day. Gold is a complicated mix of deflat

Berlin to take 20% stake in €9bn bailout of Lufthansa as airline struggles amid Covid-19 travel fallout

Germany will offer Lufthansa a €9bn bailout in return for a 20% stake two decades after the airline was privatised with much fanfare.

Shanghai Shenhua set to end Odion Ighalo's Man United loan

Despite Manchester United's wish to keep Odion Ighalo at Old Trafford beyond the end of his current loan deal, the Nigerian striker is set to be recalled by

Ighalo's Man United loan set to end on May 31 - sources

Man United are facing the prospect of losing Odion Ighalo this week with talks to extend the striker's loan from Shanghai Shenhua at an impasse.

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.

Holden invites dealers to negotiate compensation packages via video chat

General Motors has invited Holden dealers to a video conference in the second week of June to discuss compensation for the sudden shutdown of the brand.

A second immigrant has died from COVID-19 while in ICE custody, Business Insider - Business Insider Singapore

Business Insider - Santiago Baten-Oxlag, an immigrant in custody of the US Immigrations and Customs Enforcement agency, died from COVID-19 on Sunday.. Read more at businessinsider.sg

121 electric co-ops comply with order to help consumers

The Philippine Rural Electric Cooperatives Association Inc. said Monday the 121 electric cooperatives in the country complied with all the directives of regulators to protect the interests of consumers during the enhanced community quarantine period. 

CCTV unclear as masked Kampala thugs rob sh300 Million

Kampala, Uganda | THE INDEPENDENT | Thugs took advantage of the mandatory wearing of face masks to rob sh300 million from three workers of Amal Forex Bureau in Kisenyi, Kampala. As a result, Closed Circuit Television – CCTV security cameras could not swiftly identify facial features of the suspects. Kampala Metropolitan Deputy Police Spokesperson, Luke …

Online games could be source of money laundering, B.C. public inquiry hears

A public inquiry into money laundering in British Columbia has heard that cash is still king but cryptocurrencies and other virtual trade could rise as a trend.

BSP has room to reduce interest

Bangko Sentral ng Pilipinas Governor Benjamin Diokno said Monday the manageable inflation environment is giving monetary authorities the “elbow room” to further cut the benchmark interest rates if needed to counter the impact of the pandemic.

Shoppers line up in downtown Montreal as retailers reopen to public

MONTREAL - Eager shoppers lined up outside some stores in downtown Montreal on Monday as retailers in the city were allowed to reopen for the first time sin

Is deflation set to become Economic Enemy No 1?

Amid all the uncertainties that lie ahead is the possibility of deflation setting in post-Covid-19. Negative inflation rates would create an even steeper and longer hill to climb out of economic recession than we are already expecting. It will all come down to whether demand under- or over-shoots supply. The jury is out.

Outdoor markets and car dealerships will reopen from next Monday

The prime minister announced that from from June 15 non-essential shops will also be allowed to reopen.

Hotel owners fight to save jobs during COVID-19 crisis

As we speak, hotel occupancy rates have plummeted to less than 5% in the entire country