Economy 16327 May12:0014:0016:0018:0020:00
Nissan-Renault alliance to share more parts, technology

27 May 11:33 3 articles

Nissan-Renault alliance to share more parts, technology

The auto alliance of Nissan and Renault said Wednesday it will be sharing more vehicle parts, technology and models to save costs as the industry struggles to survive the coronavirus pandemic.

27 May 11:33 CTVNews 2422791598119079721.html
Nissan-Renault alliance to share more parts, technology

Alliance Operating Board Chairman Jean-Dominique Senard said the group, which also includes smaller Japanese automaker Mitsubishi Motors Corp., will have each company focusing on geographic regions.

27 May 08:47 The Economic Times 7653256037834434101.html
Nissan-Renault alliance to share more parts, technology

The auto alliance of Nissan and Renault said Wednesday it will be sharing more vehicle parts, technology and models to save costs as the industry struggles to survive the coronavirus pandemic.

27 May 00:00 The Washington Times 8941836441865018688.html
Japan approves fresh $1.1 trillion stimulus to combat pandemic pain

27 May 11:12 8 articles

Japan approves fresh $1.1 trillion stimulus to combat pandemic pain

TOKYO (Reuters) - Japanese Prime Minister Shinzo Abe’s cabinet approved on Wednesday a new $1.1 trillion stimulus package that includes significant direct spending, to stop the coronavirus pandemic pushing the world’s third-largest economy deeper into recession.

27 May 11:12 Reuters 8334514180918881229.html
Japan approves fresh $1.1-trillion stimulus to combat economic impact of coronavirus

The record stimulus of 117 trillion yen, which will be funded partly by a second extra budget, followed another 117 trillion yen package rolled out last month

27 May 11:06 The Globe and Mail 68426410647909865.html
Japan eyes fresh $1.1t stimulus to combat pandemic pain

The stimulus, which will be funded partly by a second extra budget, will be on top of a $1.1 trillion package already rolled out last month.

27 May 10:54 The Jakarta Post 7678601103943431611.html
Japan approves fresh $1.1 trillion stimulus to combat coronavirus pain

The record stimulus of 117 trillion yen, which will be funded partly by a second extra budget, followed another 117 trillion yen package rolled out last month.

27 May 10:50 The Indian Express 2885715104614388894.html
Japan eyes fresh $1.1 trillion stimulus to combat pandemic pain

TOKYO — Japan will compile a new $1.1 trillion stimulus package that includes significant direct spending, to stop the coronavirus pandemic pushing the world’s third-largest economy deeper into recession, a budget draft seen by Reuters showed on Wednesday.

27 May 05:22 Financial Post 2379081493770929787.html
Japan eyes fresh $1.1 trillion stimulus to combat pandemic pain

To fund the costs, Japan will issue an additional 31.9 trillion yen in government bonds under the second supplementary budget for the current fiscal year ending in March 2021, according to the draft.

27 May 03:28 The Indian Express 2885715104574672605.html
Japan eyes fresh US$1.1t stimulus to combat pandemic pain

TOKYO, May 27 — Japan will compile a fresh stimulus package worth US$1.1 trillion (RM4.8 trillion) that will include a sizable amount of direct spending to cushion the economic blow from the coronavirus pandemic, a draft of the budget obtained by Reuters showed today. The stimulus, which will be...

27 May 02:41 Malaymail 302165934873282147.html
Japan eyes fresh $1.1 trillion stimulus to combat pandemic pain

Japan will compile a fresh stimulus package worth $1.1 trillion that will include a sizable amount of direct spending to cushion the economic blow from the coronavirus pandemic, a draft of the budget obtained by Reuters showed on Wednesday. The stimulus, which will be funded partly by a second extra

27 May 02:13 Yahoo 7097669638763027423.html
Nokia shuts Tamil Nadu plant after 42 employees test positive for Coronavirus

27 May 11:19 6 articles

Nokia shuts Tamil Nadu plant after 42 employees test positive for Coronavirus

Chinese smartphone maker OPPO last week suspended operations at a recently re-opened plant on the outskirts of New Delhi after at least nine workers tested positive for the novel coronavirus.

27 May 11:19 The Financial Express 1288289579956959310.html
Nokia Suspends Operations at Its Tamil Nadu Plant After 42 Employees Test COVID-19 Positive: Report

Notably, the plant had been operating in a restricted manner over the past few weeks ever since the Centre announced the easing of the restrictions to fix the economy.

27 May 09:21 India News, Breaking News, Entertainment News | India.com 7150386084392082229.html
Nokia shuts factory in Tamil Nadu after 42 test positive for COVID-19

Earlier this month, Nokia shut down its manufacturing plant in Tamil Nadu, India. The company made the move after employees tested positive for the Coronavirus infection. While the official numbers weren’t given out, a source close to the situation claimed that the infected number of people reached 42. Back when the COVID-19 cases had initially …

27 May 07:42 Gizmochina 1751854815947098652.html
Nokia shutters manufacturing plant as employees test positive for Covid-19

Nokia is the second manufacturing company after Oppo in recent weeks to open up its plant and quickly shut down due to workers testing positive for Covid-19.

27 May 07:21 TechRadar 2111116915209270427.html
Coronavirus crisis: Nokia closes Tamil Nadu plant after 42 employees test positive

Nokia, however is not the first factory to shut down over coronavirus cases. Chinese smartphone company OPPO suspended its operations at a Greater Noida factory after 6 workers tested positive for COVID-19 last week

27 May 02:50 Business Today 1145527431647701628.html
Nokia shuts Tamil Nadu plant after 42 employees test positive for COVID-19

Nokia did not disclose how many workers at the Sriperumbudur plant tested positive, but a source familiar with the matter said they were at least 42.

27 May 00:00 Moneycontrol 1603024963789458053.html
StoneCo Ltd. (STNE) CEO Thiago Piau on Q1 2020 Results - Earnings Call Transcript

27 May 11:02 6 articles

StoneCo Ltd. (STNE) CEO Thiago Piau on Q1 2020 Results - Earnings Call Transcript

StoneCo Ltd. (NASDAQ:STNE) Q1 2020 Earnings Conference Call May 26, 2020 17:00 ET Company Participants Rafael Martins - Investor Relations Thiago Piau - Chief E

27 May 11:02 Seeking Alpha 5725634556190547241.html
China Online Education Group (COE) CEO Jack Jiajia Huang on Q1 2020 Results - Earnings Call Transcript

Start Time: 08:00 End Time: 08:55 China Online Education Group (NYSE:COE) Q1 2020 Earnings Conference Call May 26, 2020, 08:00 AM ET Company Participants Jack J

27 May 04:39 Seeking Alpha 5725634556693600869.html
National Bank of Canada (NTIOF) CEO Louis Vachon on Q2 2020 Results - Earnings Call Transcript

National Bank of Canada (OTCPK:NTIOF) Q2 2020 Results Conference Call May 26, 2020 5:30 PM ET Company Participants Linda Boulanger - VP, IR Louis Vachon - Presi

27 May 04:19 Seeking Alpha 5725634556174140829.html
Fanhua Inc. (FANH) CEO Chunlin Wang on Q1 2020 Results - Earnings Call Transcript

Fanhua Inc. (NASDAQ:FANH) Q1 2020 Earnings Conference Call May 26, 2020, 09:00 PM ET Company Participants Oasis Qiu - IR Manager Chunlin Wang - Chairman & C

27 May 03:26 Seeking Alpha 5725634557964479569.html
Keysight Technologies, Inc. (KEYS) CEO Ron Nersesian on Q2 2020 Results - Earnings Call Transcript

Keysight Technologies, Inc. (NYSE:KEYS) Q2 2020 Earnings Conference Call May 26, 2020, 04:30 PM ET Company Participants Jason Kary - VP, Treasurer and IR Ron Ne

27 May 03:14 Seeking Alpha 5725634557907048961.html
Ooma, Inc. (OOMA) CEO Eric Stang on Q1 2021 Results - Earnings Call Transcript

Ooma, Inc. (NYSE:OOMA) Q1 2021 Earnings Conference Call May 26, 2020 5:00 PM ET Company Participants Matt Robison - Director of IR and Corporate Development Eri

27 May 03:12 Seeking Alpha 5725634557645106502.html
Exclusive: Volkswagen in final talks to seal biggest M&A deals in China EV sector - sources

27 May 11:25 5 articles

Exclusive: Volkswagen in final talks to seal biggest M&A deals in China EV sector - sources

HONG KONG/FRANKFURT (Reuters) - Volkswagen AG (VOWG_p.DE) is in final talks to seal its largest investment deals with Chinese electric vehicle (EV) firms, two sources said, as the German automaker accelerates its push into the world’s largest market for environmentally friendlier cars.

27 May 11:25 Reuters 8334514180133688436.html
Volkswagen in final talks to seal top M&A deal in China EV sector: Report

The firm is poised to buy 50 per cent of Anhui Jianghuai Automobile Group Holding, the parent of EV partner JAC Motors, for at least 3.5 billion yuan

27 May 09:41 Business-Standard 1502508924727905443.html
VW reportedly close to sealing biggest-ever deals in China's EV sector

Volkswagen AG is in final talks to seal its largest investment deals with Chinese electric vehicle (EV) firms, two sources said, as the German automaker accelerates its push into the world's largest market for environmentally friendlier cars. The firm is poised to buy 50% of Anhui Jianghuai Automobile Group Holding, the parent of EV partner JAC Motors , for at least 3.5 billion yuan ($491 million), the people said on condition of anonymity as the matter was private. Volk

27 May 08:15 Autoblog 4372976972756070560.html
Volkswagen in final talks to seal biggest M&A deals in Chinese EV sector

The deals would make Volkswagen the latest foreign automaker to increase ownership in China since the government started to relax ownership rules in 2018 here with Germany's BMW AG quick to take control of its main local venture

27 May 07:58 Business Today 1145527430843523441.html
Volkswagen in final talks to seal biggest M&A deals in China EV sector: Sources

The firm is poised to buy 50% of Anhui Jianghuai Automobile Group Holding, the parent of EV partner JAC Motors, for at least 3.5 billion yuan ($491 million), the people said on condition of anonymity as the matter was private. It is also set to become the biggest shareholder of EV battery maker Guoxuan High-tech Co Ltd, the people said, adding both deals could be announced as early as Friday.

27 May 04:35 The Economic Times 7653256038124432886.html
The DoJ has dropped its probe into 3 US senators who dumped stock work millions shortly before the coronavirus market crash

27 May 11:17 5 articles

The DoJ has dropped its probe into 3 US senators who dumped stock work millions shortly before the coronavirus market crash

Senators Loeffler, Inhofe, and Feinstein sold stock earlier this year — but said the move was made by money managers without their direct involvement.

27 May 11:17 Business Insider Nederland 7680839748515253987.html
The DOJ has dropped its probe into 3 US senators who dumped stock work millions shortly before the coronavirus market crash, Business Insider - Business Insider Singapore

Business Insider - Sens. Kelly Loeffler, James Inhofe, and Dianne Feinstein have said money managers sold the stock without their direct involvement.. Read more at businessinsider.sg

27 May 11:11 www.businessinsider.sg 5090408757409861347.html
The DoJ has dropped its probe into 3 US senators who dumped stock work millions shortly before the coronavirus market crash

Senators Loeffler, Inhofe, and Feinstein sold stock earlier this year — but said the move was made by money managers without their direct involvement.

27 May 11:11 Business Insider 6060062401178619619.html
The DOJ has dropped its probe into 3 US senators who dumped stock work millions shortly before the coronavirus market crash

The Department of Justice is dropping its investigation into three US senators accused of insider trading over stock sales made after they received closed-door briefings on the novel coronavirus.

27 May 11:11 Business Insider Malaysia 8325046883994291939.html
The EU plans a record-breaking new stimulus package of $826 billion to soothe Europe's economic pain from the coronavirus, Business Insider - Business Insider Singapore

Business Insider - The European commission aims to fund its recovery plan by raising unprecedented sums on the financial markets.. Read more at businessinsider.sg

27 May 11:02 www.businessinsider.sg 5090408756380457614.html
Virus sparks record drop in energy investment: IEA

27 May 11:56 4 articles

Virus sparks record drop in energy investment: IEA

The Paris-based International Energy Agency (IEA) estimated the plunge will be of the order of one-fifth from 2019 levels, or almost $400 billion.

27 May 11:56 The Jakarta Post 7678601102952363658.html
Virus sparks record drop in energy investment: IEA

All the energy sectors -- oil, gas, renewables -- everything is affected but the biggest impact is on shale oil, the agency's director Fatih Birol said

27 May 11:34 New Vision 9103146372575578371.html
Virus sparks record drop in energy investment: IEA

The energy industry is set to suffer a record drop in investment due to the coronavirus fallout, the IEA said on Wednesday, and while renewables are likely to fare better than oil, any swift economic ...

27 May 08:03 Tech Xplore 4945708899756875975.html
Virus sparks record drop in energy investment – IEA

The International Energy Agency estimates global energy investment may plunge by almost $400 billion in 2020

27 May 05:30 Rappler 1882105642686355368.html
Sensex rises 996 points to close at 31,605; Nifty reclaims 9,300

27 May 11:55 4 articles

Sensex rises 996 points to close at 31,605; Nifty reclaims 9,300

(Representative image) NEW DELHI: Equity indices finished higher on Wednesday with the benchmark BSE sensex rising nearly 1,000 points led … Sensex rises 996 points to close at 31,605; Nifty reclaims 9,300 Read More »

27 May 11:55 ISSCNC 6824315491062587368.html
Sensex rallies 996 points ahead of F&O expiry; Nifty tops 9,300

The BSE Sensex rallied 996 points on Wednesday, led by massive gains in banking and IT stocks ahead of the expiry of monthly derivatives amid firm overseas cues. After hitting a high of 31,660.60 duri

27 May 10:39 The Hindu 6679535026004195552.html
Sensex rallies 996 points, Nifty reclaims 9,300-mark

Axis Bank was the top gainer as banking stocks led the rally in a highly volatile session.

27 May 10:23 DNA India 7533428662290251794.html
Sensex rises 996 points to close at 31,605; Nifty reclaims 9,300

India Business News: Equity indices finished higher on Wednesday with the benchmark BSE Sensex rising nearly 1,000 points led by gains in banking and financial stocks. The

27 May 10:14 The Times of India 6060938663823756188.html
SoftBank-backed Ola buys Dutch electric scooter company Etergo

27 May 11:15 4 articles

SoftBank-backed Ola buys Dutch electric scooter company Etergo

SoftBank Group-backed Indian ride-hailing company Ola will acquire Amsterdam-based electric scooter company Etergo as part of its plan to locally build electric vehicles (EVs), the company said on

27 May 11:15 Deccan Herald 2027555796967371061.html
Ola Electric buys Dutch scooter company Etergo valued at $92 million

Etergo's scooters use swappable, high energy density batteries that give it a range of up to 240 km.

27 May 08:18 Business-Standard 1502508925510029286.html
SoftBank-backed Ola Electric buys Dutch scooter company Etergo

NEW DELHI (Reuters) - A unit of SoftBank Group-backed Indian ride-hailing company Ola will buy Amsterdam-based electric scooter company Etergo as part of its plan to locally build electric vehicles (EVs), the company said on Wednesday.

27 May 07:10 Reuters 8334514181210123066.html
Ola Electric acquires Netherland-based scooter-maker Etergo

While the company did not share the financial details of the deal, according to industry estimates, Etergo was valued at about $80-85 million last year

27 May 05:12 The Hindu 6679535025392138881.html
EU unveils unprecedented 750 bn euro recovery plan

27 May 11:50 3 articles

EU unveils unprecedented 750 bn euro recovery plan

European Union chief Ursula von der Leyen on Wednesday proposed a 750-billion-euro post-virus recovery fund for Europe but will have to win over sceptical member states to push it through.

27 May 11:50 The Guardian 7580308505428226508.html
EU’s Von der Leyen to unveil trillion-euro recovery plan

Brussels, Belgium | AFP |  European Union chief Ursula von der Leyen will on Wednesday propose a roughly one-trillion-euro post-virus recovery fund for Europe, but will have to win over sceptical member states. The global coronavirus outbreak has thrust the EU into its deepest ever recession, and Von der Leyen’s proposal will set out to help …

27 May 07:30 The Independent Uganda: 5099025988922647126.html
EU unveils unprecedented 750 bn euro recovery plan

European Union chief Ursula von der Leyen on Wednesday proposed a 750-billion-euro post-virus recovery fund for Europe, but will have to win over sceptical member states to push it through.

27 May 02:00 Digital Journal 4566489172105439864.html
Russell Investments Group Ltd. Sells 9,634 Shares of First Industrial Realty Trust, Inc. (NYSE:FR)

27 May 11:48 3 articles

Russell Investments Group Ltd. Sells 9,634 Shares of First Industrial Realty Trust, Inc. (NYSE:FR)

Russell Investments Group Ltd. cut its stake in shares of First Industrial Realty Trust, Inc. (NYSE:FR) by 7.1% in the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 126,555 shares of the real estate investment trust’s stock after selling 9,634 shares during the quarter. Russell Investments […]

27 May 11:48 Markets Daily 6922190227429463645.html
Russell Investments Group Ltd. Sells 40,321 Shares of AMN Healthcare Services, Inc. (NYSE:AMN)

Russell Investments Group Ltd. reduced its holdings in AMN Healthcare Services, Inc. (NYSE:AMN) by 36.7% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 69,520 shares of the company’s stock after selling 40,321 shares during the period. Russell Investments Group Ltd. owned approximately 0.15% […]

27 May 11:48 Markets Daily 6922190228229973617.html
Russell Investments Group Ltd. Purchases 14,252 Shares of SPS Commerce, Inc. (NASDAQ:SPSC)

Russell Investments Group Ltd. boosted its position in SPS Commerce, Inc. (NASDAQ:SPSC) by 18.7% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 90,380 shares of the software maker’s stock after purchasing an additional 14,252 shares during the period. Russell Investments […]

27 May 11:48 Markets Daily 6922190228941023389.html
PNC Financial Services Group Inc. Has $2.22 Million Stock Position in iShares MSCI Eurozone ETF (BATS:EZU)

27 May 11:48 3 articles

PNC Financial Services Group Inc. Has $2.22 Million Stock Position in iShares MSCI Eurozone ETF (BATS:EZU)

PNC Financial Services Group Inc. decreased its stake in iShares MSCI Eurozone ETF (BATS:EZU) by 21.2% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 72,893 shares of the company’s stock after selling 19,604 shares during the quarter. PNC Financial Services Group Inc.’s holdings in […]

27 May 11:48 Markets Daily 6922190228439060031.html
PNC Financial Services Group Inc. Raises Stake in Rio Tinto plc ADR (NYSE:RIO)

PNC Financial Services Group Inc. lifted its position in shares of Rio Tinto plc ADR (NYSE:RIO) by 9.5% in the first quarter, according to its most recent 13F filing with the SEC. The firm owned 45,286 shares of the mining company’s stock after purchasing an additional 3,938 shares during the quarter. PNC Financial Services Group […]

27 May 11:48 Markets Daily 6922190228020552063.html
PNC Financial Services Group Inc. Has $1.75 Million Position in UGI Corp (NYSE:UGI)

PNC Financial Services Group Inc. lessened its stake in UGI Corp (NYSE:UGI) by 10.4% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 65,435 shares of the utilities provider’s stock after selling 7,588 shares during the quarter. PNC Financial Services Group Inc.’s holdings in UGI […]

27 May 11:36 Markets Daily 6922190226953886658.html
AMN Healthcare Services, Inc. (NYSE:AMN) Shares Sold by PNC Financial Services Group Inc.

27 May 11:48 3 articles

AMN Healthcare Services, Inc. (NYSE:AMN) Shares Sold by PNC Financial Services Group Inc.

PNC Financial Services Group Inc. cut its stake in shares of AMN Healthcare Services, Inc. (NYSE:AMN) by 6.3% in the first quarter, according to its most recent disclosure with the SEC. The firm owned 38,629 shares of the company’s stock after selling 2,617 shares during the period. PNC Financial Services Group Inc. owned about 0.08% […]

27 May 11:48 Markets Daily 6922190227317780255.html
First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) Shares Sold by PNC Financial Services Group Inc.

PNC Financial Services Group Inc. reduced its holdings in shares of First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) by 14.8% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 64,393 shares of the company’s stock after selling 11,224 shares during the quarter. […]

27 May 11:36 Markets Daily 6922190227397381563.html
iShares Europe ETF (NYSEARCA:IEV) Shares Sold by PNC Financial Services Group Inc.

PNC Financial Services Group Inc. lowered its position in shares of iShares Europe ETF (NYSEARCA:IEV) by 41.6% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 51,795 shares of the company’s stock after selling 36,838 shares during the quarter. PNC Financial Services […]

27 May 11:36 Markets Daily 6922190228205953088.html
Icra expects moderate participation in spectrum auctions up to Rs 60,000 cr

27 May 11:48 3 articles

Icra expects moderate participation in spectrum auctions up to Rs 60,000 cr

The Centre has budgeted Rs 1.33 trillion as non-tax receipts from the telecom sector for FY2021

27 May 11:48 Business-Standard 1502508924694737689.html
Moderate participation expected in spectrum auctions; telecom industry's debt to elevate at Rs 4.6 cr in FY21: ICRA

Rating agency ICRA expects moderate participation for the upcoming spectrum auctions at Rs 55,000-Rs 60,000 crore due to the limited financial flexibility of the industry

27 May 11:18 Firstpost 4760741713741957348.html
ICRA expects muted participation in spectrum auction, sees industry debt rising

Despite the anticipated improvement in the cash flow generation in the current financial year post the tariff hikes, the debt coverage metrics is expected to continue to remain weak given the unyieldingly high debt levels, it said.

27 May 00:00 Moneycontrol 1603024964298471762.html
Government furlough scheme now covers 8.4 million workers

27 May 11:44 3 articles

Government furlough scheme now covers 8.4 million workers

At least 8.4 million workers are now covered by the government's furlough scheme, up from eight million a week earlier, the Treasury has confirmed. It comes as one million UK businesses have claimed £15 billion from the Government's Coronavirus Job Retention Scheme to cover workers' wages.

27 May 11:44 ITV News 2184971257811829970.html
One million businesses claim £15bn from Government furlough scheme

HMRC said more than £6.8bn has been claimed via 2.3 million applications from those who are self-employed and unable to work.

27 May 11:08 Shropshire Star 3480199992154193391.html
One million businesses claim £15bn from Government furlough scheme

HMRC said more than £6.8bn has been claimed via 2.3 million applications from those who are self-employed and unable to work.

27 May 11:08 Express & Star 7324224459700370927.html
BMO reports Q2 profit down from year ago as provisions for credit losses rise

27 May 11:23 3 articles

BMO reports Q2 profit down from year ago as provisions for credit losses rise

BMO Financial Group reported a second-quarter profit of $689 million, down from $1.5 billion a year ago, as it increased the amount set aside for bad loans due to the pandemic.

27 May 11:23 CTVNews 2422791597613401991.html
BMO, RBC Q2 profit down from a year ago as provisions for credit losses soar

Bank of Montreal and Royal Bank of Canada both revealed Wednesday that their second-quarter profits had fallen from a year ago amid surges in their provisions for credit losses -- money set aside to account for unpaid or 'bad' loans.

27 May 11:13 CTVNews 2422791598987675703.html
BMO reports Q2 profit down from year ago as provisions for credit losses rise

TORONTO — BMO Financial Group reported a second-quarter profit of $689 million, down from $1.5 billion a year ago, as it increased the amount set aside for bad loans due to the pandemic.

27 May 10:18 KitchenerToday.com 52741010792986471.html
EU proposing £670bn recovery fund in response to coronavirus pandemic crisis

27 May 11:21 3 articles

EU proposing £670bn recovery fund in response to coronavirus pandemic crisis

The EU Commission is proposing a 750 billion-euro recovery (£670bn) fund to help the bloc’s economy through the deep recession induced by the coronavirus pandemic, commissioner Paolo Gentiloni said. Mr Gentiloni, who is in charge of economic affairs at the EU’s executive body, confirmed the size of the fund in a tweet.

27 May 11:21 ITV News 2184971257103788027.html
EU proposing £670bn recovery fund in response to pandemic crisis

Paolo Gentiloni’s announcement came amid divisions in the bloc.

27 May 11:01 Jersey Evening Post 6141642773796942522.html
EU proposing €750bn recovery fund in response to pandemic crisis

Paolo Gentiloni’s announcement came amid divisions in the bloc.

27 May 10:59 Irishexaminer 8196011180079631851.html
French political power couple lose appeal against money-laundering conviction

27 May 11:21 3 articles

French political power couple lose appeal against money-laundering conviction

The Paris Court of Appeal on Wednesday found veteran right-wing politicians Patrick and Isabelle Balkany guilty of money-laundering and sentenced them both to jail, sealing the power couple’s fall fr…

27 May 11:21 France 24 5635134570586013156.html
French power couple lose money laundering appeal

A French political power couple lost their appeal Wednesday against a money laundering conviction, capping a fall from grace spurred by accusations they illegally pocketed millions of euros in public funds while in office.

27 May 10:00 Digital Journal 4566489171594251139.html
French power couple lose money laundering appeal

PARIS, May 27 — A French political power couple lost their appeal today against a money laundering conviction, capping a fall from grace spurred by accusations they illegally pocketed millions of euros in public funds while in office. Patrick and Isabelle Balkany, right-wing politicians who for...

27 May 09:58 Malaymail 302165934972812184.html
Rupee slips 8 paise to 75.74 against US dollar in early trade

27 May 11:12 3 articles

Rupee slips 8 paise to 75.74 against US dollar in early trade

The rupee depreciated 8 paise to 75.74 against the US dollar in opening trade on Wednesday as market participants were concerned about rising tensions between Washington and Beijing in the wake of

27 May 11:12 Deccan Herald 2027555796738935211.html
Rupee slips 8 paise to 75.74 against US dollar in early trade

The rupee opened weak at 75.72 at the interbank forex market and then fell further to 75.74, down 8 paise over its last close.

27 May 05:24 The Indian Express 2885715105719708925.html
Ringgit strengthens against US dollar in early trade

KUALA LUMPUR, May 27 — The ringgit strengthened against the US dollar at the opening today on renewed buying interest amid stabilising oil prices, said an analyst. At 9.02am today, the local note was quoted at 4.3450/3600 compared with Friday’s close of 4.3610/3690. The market was closed on...

27 May 02:26 Malaymail 302165934568734160.html
NCLT approves IL&FS stake sale in GIFT City to Gujarat govt

27 May 11:00 3 articles

NCLT approves IL&FS stake sale in GIFT City to Gujarat govt

That sale consideration payable to IL&FS excluding resolution process costs shall be credited into a designated escrow account intimated to the infrastructure lending group

27 May 11:00 Business-Standard 1502508925096396205.html
IL&FS gets NCLT nod to sell stake in GIFT City to Gujarat govt

Debt-laden IL&FS will sell its entire stake in Gujarat International Finance Tec-City Limited (GIFTCL) to the Gujarat government.IL&FS has a 50 per cent stake in GIFTCL, which comprise

27 May 09:13 BusinessLine 5283600499887614.html
NCLT approves IL&FS stake sale in GIFTCL to Gujarat govt

The order said that IL&FS had sought that an amount of Rs 61.84 lakh is excluded as resolution process costs incurred for meeting various expenditures, other applicable taxes from the sale proceeds of the applicant's shareholding in GIFTCL to the Gujarat government.

27 May 00:00 Moneycontrol 1603024964085517827.html
Future Retail to raise up to Rs 650 crore to reduce debt

27 May 11:57 2 articles

Future Retail to raise up to Rs 650 crore to reduce debt

The NCDs will be issued on private placement basis in one or more tranches, Future Retail said in a BSE filing.

27 May 11:57 The Indian Express 2885715104809666601.html
Future Retail to raise up to Rs 650 crore via NCDs to refinance debt

The funds will be used mainly for replacing the company's existing high cost current or near term maturity debts requirements

27 May 10:23 Business-Standard 1502508924601077709.html
Gold Price News and Forecast: XAU/USD tumbled to 1,705.00

27 May 11:44 2 articles

Gold Price News and Forecast: XAU/USD tumbled to 1,705.00

Lately, gold price has responded with lower economic numbers, because the recent economic numbers reflect the impact of the outbreak of Covid-19, and

27 May 11:44 FXStreet 4480975639378620867.html
Gold Price News and Forecast: XAU/USD bounce from sub-4H 200-SMA has stalled

Gold's overnight drop below the 4-hour chart 200-candle simple moving average (SMA) was short-lived, possibly due to US-China tensions. Technical char

27 May 04:08 FXStreet 4480975638125728695.html
PNC Financial Services Group Inc. Increases Holdings in Verisign, Inc. (NASDAQ:VRSN)

27 May 11:36 2 articles

PNC Financial Services Group Inc. Increases Holdings in Verisign, Inc. (NASDAQ:VRSN)

PNC Financial Services Group Inc. lifted its position in shares of Verisign, Inc. (NASDAQ:VRSN) by 9.9% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,095 shares of the information services provider’s stock after acquiring an additional 906 shares during the quarter. PNC […]

27 May 11:36 Markets Daily 6922190228833538975.html
PNC Financial Services Group Inc. Boosts Position in Lincoln Electric Holdings, Inc. (NASDAQ:LECO)

PNC Financial Services Group Inc. increased its position in Lincoln Electric Holdings, Inc. (NASDAQ:LECO) by 10.7% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 26,951 shares of the industrial products company’s stock after purchasing an additional 2,610 shares during […]

27 May 11:36 Markets Daily 6922190227594057900.html
Etsy Inc (NASDAQ:ETSY) Shares Sold by Swiss National Bank

27 May 11:36 2 articles

Etsy Inc (NASDAQ:ETSY) Shares Sold by Swiss National Bank

Swiss National Bank lessened its holdings in Etsy Inc (NASDAQ:ETSY) by 0.3% during the 1st quarter, Holdings Channel.com reports. The institutional investor owned 229,800 shares of the specialty retailer’s stock after selling 800 shares during the period. Swiss National Bank’s holdings in Etsy were worth $8,834,000 as of its most recent filing with the Securities […]

27 May 11:36 Markets Daily 6922190227586548108.html
Five9 Inc (NASDAQ:FIVN) Shares Purchased by Swiss National Bank

Swiss National Bank boosted its holdings in Five9 Inc (NASDAQ:FIVN) by 2.1% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 118,500 shares of the software maker’s stock after acquiring an additional 2,400 shares during the quarter. Swiss National Bank owned […]

27 May 11:36 Markets Daily 6922190227788833030.html
Hawaiian Electric Industries, Inc. (NYSE:HE) Holdings Boosted by Swiss National Bank

27 May 11:36 2 articles

Hawaiian Electric Industries, Inc. (NYSE:HE) Holdings Boosted by Swiss National Bank

Swiss National Bank boosted its holdings in Hawaiian Electric Industries, Inc. (NYSE:HE) by 1.2% during the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 211,300 shares of the utilities provider’s stock after acquiring an additional 2,600 shares during the period. Swiss National Bank owned […]

27 May 11:36 Markets Daily 6922190227767937471.html
Swiss National Bank Grows Position in Spirit AeroSystems Holdings, Inc. (NYSE:SPR)

Swiss National Bank lifted its holdings in shares of Spirit AeroSystems Holdings, Inc. (NYSE:SPR) by 23.2% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 401,831 shares of the aerospace company’s stock after buying an additional 75,600 shares during the period. Swiss […]

27 May 11:36 Markets Daily 6922190226807370537.html
'No excuse': Jimmy Fallon apologizes for wearing blackface on Saturday Night Live

27 May 11:20 2 articles

'No excuse': Jimmy Fallon apologizes for wearing blackface on Saturday Night Live

Late night comedian Jimmy Fallon apologized for wearing blackface during a Saturday Night Live skit back in 2000.

27 May 11:20 Washington Examiner 4625792333098215892.html
Jimmy Fallon apologizes for using blackface on 'SNL'

May 27 (UPI) -- Jimmy Fallon has apologized on Twitter for wearing blackface in 2000 during a Saturday Night Live sketch.

27 May 11:08 UPI 8257973864361121104.html
EU to unveil massive stimulus plan for post-coronavirus recovery

27 May 11:19 2 articles

EU to unveil massive stimulus plan for post-coronavirus recovery

To help member states recover from coronavirus slump.

27 May 11:19 Moneyweb 1092550948057313585.html
EU to unveil virus recovery plan amid split over way ahead

The move Wednesday comes as the 27-nation trading bloc is set to enter its deepest-ever recession as the impact from the coronavirus pandemic ravages economies.

27 May 10:20 The Indian Express 2885715105648752896.html
Cognizant offers voluntary separation package to 400 mid, senior managers

27 May 11:18 2 articles

Cognizant offers voluntary separation package to 400 mid, senior managers

Move aimed at IT services major’s US employees

27 May 11:18 BusinessLine 5283601779861058.html
Cognizant offers voluntary separation package for US staff as Covid hits biz

New Jersey headquartered Cognizant has announced a voluntary separation package (VSP) for its US employees. Due to the slowdown in demand and fewer contracts, the company is shedding the number of employees without active projects.

27 May 05:50 The Economic Times 7653256036604356242.html
Tuesday Morning becomes 5th big retailer to file Chapter 11; 230 stores to close

27 May 11:18 2 articles

Tuesday Morning becomes 5th big retailer to file Chapter 11; 230 stores to close

Discount goods retailer Tuesday Morning has filed for Chapter 11 bankruptcy protection, the fifth major retailer to do so since the pandemic.

27 May 11:18 KNOE 8 News 9048639191231399006.html
Tuesday Morning closing 230 stores, files bankruptcy

DALLAS, TX - Off-price retailer Tuesday Morning filed for Chapter 11 bankruptcy protection Wednesday with plans to close more than a third of its stores. Tuesday Morning had been struggling when the coronavirus pandemic began and went into a free fall when it was forced to temporarily close its locations due to the crisis. The company joins a growing list of retailers that have tumbled into Chapter 11 bankruptcy during the pandemic, including J.C. Penney, Neiman Marcus and J. Crew. In each case, the companies were already in rough shape before the pandemic began due to excessive debt and declining foot traffic. Tuesday Morning, which sells a wide variety of merchandise including home decor, bath and body goods, crafts, food, and toys, hopes to stay in business while using the bankruptcy process to restructure its operations. The company plans to permanently close about 230 of its 687 stores this summer. Of those, it has already identified 132 that will be shuttered, including 17 in California. "These stores were…

27 May 00:00 Inlandnewstoday 5627894672453768675.html
Coronavirus pushes number of S&P credit-downgrade warnings to all-time high

27 May 11:12 2 articles

Coronavirus pushes number of S&P credit-downgrade warnings to all-time high

A total of 1,287 of S&P’s ratings are now on a downgrade warning – either with ‘negative outlooks’ where a move might take two years, or on ‘CreditWatch with negative implications’ where the risk is almost immediate

27 May 11:12 The Globe and Mail 68426410851506061.html
Coronavirus pushes global credit rating downgrade threat to record high

A total of 1,287 of S&P's ratings are now on a downgrade warning.

27 May 11:07 The Economic Times 7653256038413407497.html
Mercedes-Benz relaunches production at Argentinian factory

27 May 11:08 2 articles

Mercedes-Benz relaunches production at Argentinian factory

Mercedes-Benz has relaunched production in Argentina after a two-month standstill due to the COVID-19 pandemic, the German carmaker said.

27 May 11:08 Premium Times Nigeria 5456729299407799950.html
Mercedes-Benz relaunches production at Argentinian factory

Mercedes-Benz has relaunched production in Argentina after a two-month standstill due to the COVID-19 pandemic, the German carmaker said.

27 May 08:19 Vanguard News 4125100338795244660.html
Govt may launch coal blocks auction process under commercial mining on 11 June; 50 mines likely to be put on sale

27 May 11:04 2 articles

Govt may launch coal blocks auction process under commercial mining on 11 June; 50 mines likely to be put on sale

The government last week approved a methodology for commercial mining of coal on revenue sharing basis.

27 May 11:04 Firstpost 4760741712851840753.html
Govt may launch coal blocks auction process under commercial mining on June 11

The government last week approved a methodology for commercial mining of coal on revenue sharing basis.

27 May 00:00 Moneycontrol 1603024965426105355.html
Dynamic Coin Offering (DCO) Promises Investor-Friendly Token Crowdfunding Mechanism

27 May 11:00 2 articles

Dynamic Coin Offering (DCO) Promises Investor-Friendly Token Crowdfunding Mechanism

The days of the old and risky crowdfunding mechanisms in the cryptocurrency industry, including ICO, STO, and IEO, could be numbered. The secure DYCO (Dynamic Coin Offering) framework promises to safeguard retail investors from the inefficiencies of the yesteryear crowdfunding mechanisms.

27 May 11:00 BTC Manager 8549607151798664842.html
Dynamic Coin Offering (DYCO) Promises Investor-Friendly Token Crowdfunding Mechanism

The days of the old and risky crowdfunding mechanisms in the cryptocurrency industry, including ICO, STO, and IEO, could be numbered. The secure DYCO (Dynamic Coin Offering) framework promises to safeguard retail investors from the inefficiencies of the yesteryear crowdfunding mechanisms.

27 May 11:00 BTC Manager 8549607152337454283.html
Fresh dairy introduces free home delivery services

27 May 11:00 2 articles

Fresh dairy introduces free home delivery services

Kampala, Uganda |  THE INDEPENDENT |  Khisa Isaac In a bid to enable customers access milk products without leaving their homes to curb the ongoing coronavirus pandemic, milk processor, Fresh Dairy, has unveiled a free home delivery services for both its Fresh Dairy and Brookside products.   The service dubbed ‘Staysafe Stay healthy’ will see the …

27 May 11:00 The Independent Uganda: 5099025989835407838.html
Fresh Dairy starts free home delivery services

Fresh Dairy has announced its free home delivery services dubbed ‘#Staysafe #Stayhealthy’ for both its Fresh Dairy and Brookside products. The Fresh Dairy General Manager – Sales Joseph Awino said, the #Staysafe #Stayhealthy is a home delivery solution aimed at ensuring that their consumers remain safe and healthy while enjoying greater convenience and safe product transportation using their door to door motorbike delivery solution during the on-going global COVID-19 pandemic. “Fresh Dairy’s home delivery solution – ‘#Staysafe #Stayhealthy’ is free and available to all customers in Kampala and Greater Kampala areas of Entebbe, Wakiso and Mukono districts primarily throughout the week. “Customers are encouraged to call our customer care toll free line on 0800100020/21 or Whatsapp 0715744664 all throughout the day (8 am to 6 pm) to place their orders, that come with free delivery,” said Awino. Awino further noted that all Fresh Dairy and Brookside products are available for the free home delivery services to include:…

27 May 07:35 EABW Digital 2826306000211602284.html
This leading password manager is now exceptionally cheap - and comes with 10GB cloud storage

27 May 11:59 1 article

This leading password manager is now exceptionally cheap - and comes with 10GB cloud storage

These excellent password manager deals will go a long way to safeguarding online accounts while working from home.

27 May 11:59 TechRadar 2111116914390992699.html
Telangana govt evacuates 400 AP secretariat employees to state, officials conduct COVID-19 tests

27 May 11:59 1 article

Telangana govt evacuates 400 AP secretariat employees to state, officials conduct COVID-19 tests

The sudden announcement of lockdown in the wake of the coronavirus has caused the Andhra Pradesh government employees to stuck in Telangana.

27 May 11:59 The Hans India 817019414536020677.html
OnePlus Z is real hints OnePlus CEO Pete Lau; affordable flagship coming soon to India

27 May 11:59 1 article

OnePlus Z is real hints OnePlus CEO Pete Lau; affordable flagship coming soon to India

If you’ve been waiting for OnePlus to go back in time when its phones were flagship killers rather than full-on flagships, there’s some good news coming for you.

27 May 11:59 The Financial Express 1288289579838261632.html
Sterling Bancorp: Deposit Repricing To Counter High Credit Costs, Yield Decline

27 May 11:57 1 article

Sterling Bancorp: Deposit Repricing To Counter High Credit Costs, Yield Decline

Provision expense will likely be higher than normal in the second quarter due to the deterioration in the economic outlook. The maturity of expensive deposits a

27 May 11:57 Seeking Alpha 5725634556253047416.html
Royal Bank: Fiscal 2Q Earnings Snapshot

27 May 11:55 1 article

Royal Bank: Fiscal 2Q Earnings Snapshot

TORONTO (AP) _ Royal Bank Of Canada (RY) on Wednesday reported fiscal second-quarter earnings of $1.11 billion. The bank, based in Toronto, said it had earnings of 74 cents per share. Earnings, adjusted for non-recurring costs, were 77 cents per share. The results did not meet Wall Street expectations. The average estimate of four analysts …

27 May 11:55 City NEWS 1130 5858657119340986679.html
Oppenheimer Asset Management Inc. Buys Shares of 6,823 Cimpress NV (NASDAQ:CMPR)

27 May 11:54 1 article

Oppenheimer Asset Management Inc. Buys Shares of 6,823 Cimpress NV (NASDAQ:CMPR)

Oppenheimer Asset Management Inc. bought a new stake in shares of Cimpress NV (NASDAQ:CMPR) in the 1st quarter, according to the company in its most recent filing with the SEC. The fund bought 6,823 shares of the business services provider’s stock, valued at approximately $363,000. Several other institutional investors have also modified their holdings of […]

27 May 11:54 Markets Daily 6922190228607449210.html
Mackay Shields LLC Takes $956,000 Position in Turning Point Therapeutics (NASDAQ:TPTX)

27 May 11:54 1 article

Mackay Shields LLC Takes $956,000 Position in Turning Point Therapeutics (NASDAQ:TPTX)

Mackay Shields LLC purchased a new stake in Turning Point Therapeutics (NASDAQ:TPTX) during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 21,400 shares of the company’s stock, valued at approximately $956,000. Other large investors have also recently added to or […]

27 May 11:54 Markets Daily 6922190228215436471.html
Lukewarm turnout at liquor shops not a cause for comfort

27 May 11:53 1 article

Lukewarm turnout at liquor shops not a cause for comfort

KARAIKAL Though there was no overcrowding in front of the IMFL, arrack and toddy shops in Karaikal on Monday and Tuesday, purportedly due to the price hike, social activists express apprehensions that

27 May 11:53 The Hindu 6679535025243910678.html
Metal stocks to benefit in a big way if China announces another stimulus: Ajay Bagga

27 May 11:53 1 article

Metal stocks to benefit in a big way if China announces another stimulus: Ajay Bagga

‘Tractors and two wheelers will continue to do well as rural economy is in robust health

27 May 11:53 The Economic Times 7653256036779876360.html
Celine Set to Open on London’s Luxury Hotspot: New Bond Street

27 May 11:52 1 article

Celine Set to Open on London’s Luxury Hotspot: New Bond Street

LVMH Moët Hennessy Louis Vuitton is set to move Celine to New Bond Street next year while the Mount Street unit will remain open.

27 May 11:52 WWD 5490910668417937638.html
Otrium is Trying to Solve Fashion’s Inventory Problem

27 May 11:51 1 article

Otrium is Trying to Solve Fashion’s Inventory Problem

The online designer outlet is looking to fuel international expansion with this round, led by Eight Road Ventures.

27 May 11:51 WWD 5490910668503006887.html
COVID-19 exposed structural deficiency of Nigeria

27 May 11:51 1 article

COVID-19 exposed structural deficiency of Nigeria

In the preceding editions, much of the focus has been on the medical response to the novel coronavirus disease, both in Nigeria .

27 May 11:51 Vanguard News 4125100340191534091.html
Metal stocks continue to climb up amidst a volatile market; top stock picks leading brokerage firms

27 May 11:50 1 article

Metal stocks continue to climb up amidst a volatile market; top stock picks leading brokerage firms

For a second-day straight, metal stocks on the bourses were seen surging higher despite the volatility being faced by the benchmark indices.

27 May 11:50 The Financial Express 1288289579933587177.html
Open banking investment higher in the UK than any other European country

27 May 11:50 1 article

Open banking investment higher in the UK than any other European country

Consumers will be able to enjoy greater freedom when using financial products following reforms and growing investment.

27 May 11:50 TechRadar 2111116915221743412.html
USD/JPY climbs to fresh daily highs above 107.80 supported by risk-on flows

27 May 11:49 1 article

USD/JPY climbs to fresh daily highs above 107.80 supported by risk-on flows

The USD/JPY pair fluctuated in a very tight range near 107.50 during the Asian trading hours but started to climb higher on strengthening risk appetit

27 May 11:49 FXStreet 4480975639655986978.html
Agra: With Over 87 Per Cent Of Recovery Rate From COVID-19, Virus Spread In Taj City Slows Down Significantly

27 May 11:49 1 article

Agra: With Over 87 Per Cent Of Recovery Rate From COVID-19, Virus Spread In Taj City Slows Down Significantly

While 761 patients had recovered and returned home, the number of active cases was 76.

27 May 11:49 Swarajya 4977622828732662443.html
SPS Commerce, Inc. (NASDAQ:SPSC) Shares Sold by Zurcher Kantonalbank Zurich Cantonalbank

27 May 11:48 1 article

SPS Commerce, Inc. (NASDAQ:SPSC) Shares Sold by Zurcher Kantonalbank Zurich Cantonalbank

Zurcher Kantonalbank Zurich Cantonalbank trimmed its position in shares of SPS Commerce, Inc. (NASDAQ:SPSC) by 15.5% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 5,050 shares of the software maker’s stock after selling 927 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank’s holdings […]

27 May 11:48 Markets Daily 6922190227960476130.html
Rhumbline Advisers Purchases 7,594 Shares of Meritage Homes Corp (NYSE:MTH)

27 May 11:48 1 article

Rhumbline Advisers Purchases 7,594 Shares of Meritage Homes Corp (NYSE:MTH)

Rhumbline Advisers lifted its position in shares of Meritage Homes Corp (NYSE:MTH) by 6.0% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 134,215 shares of the construction company’s stock after purchasing an additional 7,594 shares during the period. Rhumbline Advisers owned […]

27 May 11:48 Markets Daily 6922190227874198574.html
Bank of New York Mellon Corp Has $28.14 Million Stake in Twist Bioscience Corp (NASDAQ:TWST)

27 May 11:48 1 article

Bank of New York Mellon Corp Has $28.14 Million Stake in Twist Bioscience Corp (NASDAQ:TWST)

Bank of New York Mellon Corp raised its holdings in Twist Bioscience Corp (NASDAQ:TWST) by 1,085.9% during the first quarter, HoldingsChannel.com reports. The institutional investor owned 920,144 shares of the company’s stock after acquiring an additional 842,556 shares during the period. Bank of New York Mellon Corp’s holdings in Twist Bioscience were worth $28,139,000 as […]

27 May 11:48 Markets Daily 6922190227270374604.html
Bulgaria: Newly Employed Persons Higher than Registered Unemployed in May

27 May 11:48 1 article

Bulgaria: Newly Employed Persons Higher than Registered Unemployed in May

For the first time since the beginning of the Covid-19 crisis in Bulgaria, the number of newly employed persons is higher than those newly registered at the employment offices. In the week of May 18-24, a total of 8,028 people found jobs, while the newly unemployed persons numbered 7,225, the National Statistical Institute reported.

27 May 11:48 novinite.com 4235039570250514804.html
Ho Hup receives LOAs from CCC-ECRL for ECRL Section 6 works

27 May 11:47 1 article

Ho Hup receives LOAs from CCC-ECRL for ECRL Section 6 works

KUALA LUMPUR, May 27 — Ho Hup Construction Company Bhd has received Letters of Acceptance (LOAs) from China Communications Construction (CCC-ECRL) Sdn Bhd for the engineering, procurement, construction and commissioning of the East Coast Rail Link (ECRL) project. It said the works include Section...

27 May 11:47 Malaymail 302165935798175850.html
Virgin Galactic Stock Will Reach $30 Again, but the Timeline Is Cloudy

27 May 11:46 1 article

Virgin Galactic Stock Will Reach $30 Again, but the Timeline Is Cloudy

Investors should expect a slow build in SPCE stock with an eye towards an eventual doubling of the share price.

27 May 11:46 InvestorPlace 24614510358622619.html
European stocks climb as investors eye bigger-than-expected EU stimulus plan

27 May 11:45 1 article

European stocks climb as investors eye bigger-than-expected EU stimulus plan

European stocks climbed on Wednesday, amid reports the European Union will announce a bigger-than-expected €750 billion stimulus program for the region’s...

27 May 11:45 MarketWatch 8975941548394674627.html
IndexIQ Advisors LLC Trims Stock Position in Catchmark Timber Trust Inc (NYSE:CTT)

27 May 11:44 1 article

IndexIQ Advisors LLC Trims Stock Position in Catchmark Timber Trust Inc (NYSE:CTT)

IndexIQ Advisors LLC cut its holdings in shares of Catchmark Timber Trust Inc (NYSE:CTT) by 6.7% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 24,717 shares of the financial services provider’s stock after selling 1,785 shares during the period. IndexIQ Advisors LLC owned […]

27 May 11:44 Markets Daily 6922190227515876002.html
AfDB board bows to US pressure to probe its president

27 May 11:43 1 article

AfDB board bows to US pressure to probe its president

Africa’s largest multilateral lender decided on the inquiry after several governments backed U.S. Treasury Secretary Steven Mnuchin’s criticism of a bank-led examination into the allegations, the

27 May 11:43 Africanews 6630243979435756188.html
Stabilus: A New Wave In Auto Components Business Concentration

27 May 11:42 1 article

Stabilus: A New Wave In Auto Components Business Concentration

Stabilus is not only a German industrial provider for the automotive industry - 60% revenue -, but also for other industries - 40% revenue. It produces gas spri

27 May 11:42 Seeking Alpha 5725634557642490649.html
Cybersecurity firm K7 computing revamps its strategy to increase market share

27 May 11:42 1 article

Cybersecurity firm K7 computing revamps its strategy to increase market share

Chennai-based K7 Computing Pvt Ltd., a cybersecurity company, has unveiled a revamped go-to-market strategy to expand its consumer market presence by aligning its sales and marketing plans with the ch

27 May 11:42 BusinessLine 5283601763878221.html
Skinbiotherapeutics (LON:SBTX) Shares Down 1.5%

27 May 11:42 1 article

Skinbiotherapeutics (LON:SBTX) Shares Down 1.5%

Skinbiotherapeutics PLC (LON:SBTX) dropped 1.5% during mid-day trading on Monday . The stock traded as low as GBX 16.68 ($0.22) and last traded at GBX 16.75 ($0.22), approximately 423,279 shares traded hands during mid-day trading. An increase of 62% from the average daily volume of 261,826 shares. The stock had previously closed at GBX 17 […]

27 May 11:42 Markets Daily 6922190228007095218.html
UP: Gorakhpur Teacher Suspended For Pro-Pakistan Questions During Online Class

27 May 11:42 1 article

UP: Gorakhpur Teacher Suspended For Pro-Pakistan Questions During Online Class

A show-cause notice has been issued to her by the school, asking to file a reply within seven days.

27 May 11:42 Swarajya 4977622828515152349.html
Kotak Mahindra Bank share price jumps 4% ahead of QIP launch; stock surges 20% from March lows

27 May 11:41 1 article

Kotak Mahindra Bank share price jumps 4% ahead of QIP launch; stock surges 20% from March lows

The board of Kotak Mahindra Bank had earlier approved a proposal to raise capital through a fresh issue of 6.5 crore.

27 May 11:41 The Financial Express 1288289580882434973.html
ETRADE Capital Management LLC Boosts Stake in Heico Corp (NYSE:HEI)

27 May 11:36 1 article

ETRADE Capital Management LLC Boosts Stake in Heico Corp (NYSE:HEI)

ETRADE Capital Management LLC boosted its holdings in Heico Corp (NYSE:HEI) by 19.2% in the first quarter, according to its most recent filing with the SEC. The institutional investor owned 4,020 shares of the aerospace company’s stock after buying an additional 647 shares during the period. ETRADE Capital Management LLC’s holdings in Heico were worth […]

27 May 11:36 Markets Daily 6922190227492305047.html
Netflix Faces Libel Suit for Linking I.C.E. Contractor to Miserable Immigration Detention Facilities

27 May 11:36 1 article

Netflix Faces Libel Suit for Linking I.C.E. Contractor to Miserable Immigration Detention Facilities

GEO Group says its state-of-the-art facilities provide "safe, secure, and humane environments," not what's portrayed in the fictional series 'Messiah.'

27 May 11:36 The Hollywood Reporter 121801344222341787.html
Swiss National Bank Acquires 2,800 Shares of Aecom (NYSE:ACM)

27 May 11:36 1 article

Swiss National Bank Acquires 2,800 Shares of Aecom (NYSE:ACM)

Swiss National Bank raised its holdings in shares of Aecom (NYSE:ACM) by 0.9% in the first quarter, HoldingsChannel.com reports. The firm owned 304,680 shares of the construction company’s stock after buying an additional 2,800 shares during the period. Swiss National Bank’s holdings in Aecom were worth $9,095,000 as of its most recent SEC filing. A […]

27 May 11:36 Markets Daily 6922190228327811548.html
West Africa at risk of desert locusts' invasion - FAO

27 May 11:35 1 article

West Africa at risk of desert locusts' invasion - FAO

New swarms of desert locusts will threaten West Africa in June, the Food and Agriculture Organisation (FAO), has warned..

27 May 11:35 Premium Times Nigeria 5456729300918852362.html
Timeline: From boom to bottom: Renault and Nissan bet on deeper cooperation

27 May 11:35 1 article

Timeline: From boom to bottom: Renault and Nissan bet on deeper cooperation

(Reuters) - Renault SA (RENA.PA), Nissan Motor Co (7201.T) and Mitsubishi Motors have no plans to merge and will instead focus on a new production sharing plan to cut costs and improve efficiency, Chairman Jean-Dominique Senard said on Wednesday.

27 May 11:35 Reuters 8334514180972436677.html
Low-income families are spending more on food since March, says report

27 May 11:35 1 article

Low-income families are spending more on food since March, says report

Low-income families have increased their spending on food by more than 30% since March when the national Covid-19 lockdown began, writes Ground Up.

27 May 11:35 News24 3752801378493941228.html
Historic SpaceX launch delayed by poor weather about 20 minutes before takeoff

27 May 11:34 1 article

Historic SpaceX launch delayed by poor weather about 20 minutes before takeoff

SpaceX's landmark launch to the International Space Station was postponed Wednesday due to poor weather with around 20 minutes to go until takeoff. The next launch window is on Saturday.

27 May 11:34 France 24 5635134572018865377.html
Citi kicks off Eni gas sale with $US165m free-cash-flow pitch

27 May 11:34 1 article

Citi kicks off Eni gas sale with $US165m free-cash-flow pitch

Commodity exposure without the commodity price risk – that's the headline pitch from the energy giant.

27 May 11:34 Australian Financial Review 3974284487905209866.html
Renault-Nissan announce plan to deepen cooperation to ensure group's survival

27 May 11:33 1 article

Renault-Nissan announce plan to deepen cooperation to ensure group's survival

TOKYO (Reuters) - Renault SA, Nissan Motor Co and Mitsubishi Motors Corp on Wednesday announced details of a new strategy plan pledging to deepen cooperation in developing and producing cars to survive as an automaking group.

27 May 11:33 Reuters 8334514181702502617.html
Tech View: Nifty close above 20-DMA may be signalling new leg of upswing

27 May 11:33 1 article

Tech View: Nifty close above 20-DMA may be signalling new leg of upswing

Nifty may face resistance at 9,500 level and have support near 9,250, said analysts.

27 May 11:33 The Economic Times 7653256036852897441.html
Advent Partners hones in on GP software biz

27 May 11:33 1 article

Advent Partners hones in on GP software biz

The Australian buyout firm is delving back into two of its favourite sectors for its latest investment. 

27 May 11:33 Australian Financial Review 3974284488207985325.html
EUR/USD: Above key resistance at 1.1019 would mark an important base – Credit Suisse

27 May 11:31 1 article

EUR/USD: Above key resistance at 1.1019 would mark an important base – Credit Suisse

EUR/USD strength has extended to retest important resistance from its early May high and 200-day average at 1.1009/19, which is being tested and would

27 May 11:31 FXStreet 4480975639123675261.html
Chicken Soup For The Soul Entertainment: This Streaming Company's 10.4% Preferred Yield Is Good For The Soul

27 May 11:30 1 article

Chicken Soup For The Soul Entertainment: This Streaming Company's 10.4% Preferred Yield Is Good For The Soul

Chicken Soup for the Soul Entertainment is an emerging streaming company. In Q1 2020, the company made a cash flow milestone, which should give preferred shareh

27 May 11:30 Seeking Alpha 5725634557817338913.html
5 Stocks to Start Investing in 2020

27 May 11:30 1 article

5 Stocks to Start Investing in 2020

These top businesses can form the foundation of your investment portfolio.

27 May 11:30 The Motley Fool 2231313658865375729.html
EU's financial 'firepower' is 1.85 trillion with 750bn for COVID fund

27 May 11:29 1 article

EU's financial 'firepower' is 1.85 trillion with 750bn for COVID fund

Of the 750 billion euro recovery fund, the 500 billion euros would be given to EU countries as grants, the remaining 250 billion euros would be available as loans."

27 May 11:29 euronews 7318238120505917921.html
Top investor in Italy's Nexi cuts stake as M&A looms

27 May 11:28 1 article

Top investor in Italy's Nexi cuts stake as M&A looms

MILAN (Reuters) - The top investor in Nexi has sold 8.8% of the Italian payments group, cutting its holding in a move seen by investors as easing the way for a long-awaited potential merger with rival SIA.

27 May 11:28 Reuters 8334514181733484399.html
Tracking Dan Loeb's Third Point Portfolio - Q1 2020 Update

27 May 11:27 1 article

Tracking Dan Loeb's Third Point Portfolio - Q1 2020 Update

Dan Loeb's 13F portfolio value decreased from $8.70B to $6.27B this quarter. The number of positions decreased from 37 to 30. Third Point increased Amazon and C

27 May 11:27 Seeking Alpha 5725634556242921672.html
A Historically Accurate WMA Indicator Suggests Bitcoin is at Risk of a 50% Pullback

27 May 11:27 1 article

A Historically Accurate WMA Indicator Suggests Bitcoin is at Risk of a 50% Pullback

A historically accurate technical indicator is warning about a 50 percent bitcoin price crash in the coming months.

27 May 11:27 NewsBTC 7232133510993202203.html
UK Fintech SumUp Launches Payment Tools to Help Businesses Conduct Operations while Observing Social Distancing Measures Due to COVID-19

27 May 11:27 1 article

UK Fintech SumUp Launches Payment Tools to Help Businesses Conduct Operations while Observing Social Distancing Measures Due to COVID-19

UK-headquartered payments service company SumUp has launched an online payment tool to help businesses conduct operations while observing social distancing meas

27 May 11:27 Crowdfund Insider 6834688073916771897.html
The daily business briefing: May 27, 2020

27 May 11:27 1 article

The daily business briefing: May 27, 2020

Stocks rise after NYSE trading floor reopens, energy investment makes record drop due to coronavirus crisis, and more 

27 May 11:27 The Week 149215356408154058.html
Woman fired from job after calling cops over black man in New York's Central Park

27 May 11:26 1 article

Woman fired from job after calling cops over black man in New York's Central Park

NEW YORK: Denouncing "racism of any kind", a global investment firm has fired a white woman after a viral video showed her calling police to say ...

27 May 11:26 CNA 5644198862256961344.html
Is Levi's Stock a Buy?

27 May 11:22 1 article

Is Levi's Stock a Buy?

Stores are starting to reopen, and the stock is trading well off its recent highs.

27 May 11:22 The Motley Fool 2231313658745408952.html
COVID-19: Going local, with help for the farmer in Kerala

27 May 11:21 1 article

COVID-19: Going local, with help for the farmer in Kerala

A group of women entrepreneurs in Kerala forms a Facebook group to help local farmers sell their produce

27 May 11:21 The Hindu 6679535024436321440.html
Bollore's Shares Are Cheap, But Value Still Mostly Rests On Unwinding Complex Structure

27 May 11:20 1 article

Bollore's Shares Are Cheap, But Value Still Mostly Rests On Unwinding Complex Structure

Bollore is a French conglomerate with a history dating back to the early 19th century that today owns investments concentrated in logistics and media. A complic

27 May 11:20 Seeking Alpha 5725634557362896717.html
German chipmaker Infineon raises 1.06 billion euros with capital increase

27 May 11:20 1 article

German chipmaker Infineon raises 1.06 billion euros with capital increase

German chipmaker Infineon Technologies raised about 1.06 billion euros (US$1.16 billion) by issuing new shares to partially finance its US$10 ...

27 May 11:20 CNA 5644198863556084406.html
Alleged Fraud: EFCC lawyer's absence stalls Oyo-Ita's trial

27 May 11:19 1 article

Alleged Fraud: EFCC lawyer's absence stalls Oyo-Ita's trial

The trial of the immediate past Head of the Civil Service of the Federation, Winifred Oyo-Ita, was on Wednesday stalled due to the absence of the lawyer

27 May 11:19 Premium Times Nigeria 5456729301212449250.html
Working mothers interrupted more often than fathers in lockdown - study

27 May 11:18 1 article

Working mothers interrupted more often than fathers in lockdown - study

Mothers are more likely to have lost jobs and are doing more childcare and housework

27 May 11:18 the Guardian 1491978794601526381.html
Report: Quibi advertisers look to defer payments following disappointing launch

27 May 11:18 1 article

Report: Quibi advertisers look to defer payments following disappointing launch

If you’re unfamiliar with Quibi, it’s a $4.99 per month subscription-based streaming platform packed with scripted and unscripted content that runs from around seven to ten minutes. It managed to attract plenty of big-name stars for its launch slate, including…

27 May 11:18 TechSpot 7732733961355644477.html
Priyanka Chopra’s Mother was Upset about the Limited-invite-list for the Ni

27 May 11:17 1 article

Priyanka Chopra’s Mother was Upset about the Limited-invite-list for the Ni

Ever since Anushka Sharma and Virat Kohli got married in private, it’s a new trend for our B-town couples to have an intimate and private wedding ceremony and later have a big fat wedding reception. Priyanka Chopra and Nick Jonas’ wedding which was held in 2018 in Jodhpur was an intimate affair with only 200 people invited.

27 May 11:17 Filmfare.com 6668806038098991029.html
B2B credit network Fundbox secures fresh investment from MUFG

27 May 11:17 1 article

B2B credit network Fundbox secures fresh investment from MUFG

US B2B payment and credit network Fundbox has secured a fresh equity investment from MUFG Innovation Partners, the corporate capital arm of the giant Japanese bank.

27 May 11:17 Finextra 6000504749442940398.html
Climate-friendly almond farmers coax life from drying Spanish soil

27 May 11:16 1 article

Climate-friendly almond farmers coax life from drying Spanish soil

ZUJAR, Spain (Reuters) - In one of the driest corners of Europe, Manuel Barnes has watched the soil become healthier since he started growing almonds using techniques aimed at bringing new life to the land.

27 May 11:16 Reuters 8334514179928596611.html
Don’t Buy Ford Stock Now, Even If You Believe in Miracles

27 May 11:15 1 article

Don’t Buy Ford Stock Now, Even If You Believe in Miracles

A suddenly robust used-car market along with U.S.-China tensions will put the brakes on Ford.

27 May 11:15 InvestorPlace 24614509997710337.html
CBI books rice mill, three directors in ₹100 crore cheating case

27 May 11:15 1 article

CBI books rice mill, three directors in ₹100 crore cheating case

The directors of the rice mill allegedly obtained credit facilities from the SBI’s commercial branch in Haryana’s Karnal by misrepresentation of facts, says a CBI spokesperson

27 May 11:15 The Hindu 6679535025853700013.html
FG needs to call OGEFZA management to order –Free trade zones stakeholders

27 May 11:15 1 article

FG needs to call OGEFZA management to order –Free trade zones stakeholders

OGEFZA seeks to achieve two objectives: to absorb the private sector Free Zones operators in oil and gas logistics services into its fold and under the

27 May 11:15 Premium Times Nigeria 5456729299956093177.html
5 Dividend Kings to Buy and Hold Forever

27 May 11:15 1 article

5 Dividend Kings to Buy and Hold Forever

The "forever" part means investors have to think about the longevity of payout growth as well as reliable payments.

27 May 11:15 The Motley Fool 2231313657470891120.html
Dollar slips amid vaccine hopes as Japan reopens

27 May 11:14 1 article

Dollar slips amid vaccine hopes as Japan reopens

Overall market lethargy left the Uganda shilling trading flat against the U.S. currency in yesterday’s trading session. Fickle dollar supply by corporate players was evenly matched by a dearth inactivity on the foreign currency demand counter that left the home unit stuck within the 3780-3800 trough versus the buck. The USDUGX currency pair looks settled, and will probably remain within the present levels in the interim, barring fresh factors coming into play. The U.S. dollar struggled from a sell-off of safe-haven assets as investors became more optimistic about the global economy’s recovery. With more nations easing their lockdown restrictions, traders are hopeful that we could see a faster – than – expected rebound in the global economy.

27 May 11:14 EABW Digital 2826306000005504479.html
Factbox: Key spending in Japan's second stimulus package of $1.1 trillion

27 May 11:12 1 article

Factbox: Key spending in Japan's second stimulus package of $1.1 trillion

TOKYO (Reuters) - Japan’s cabinet approved on Wednesday a fresh stimulus package worth $1.1 trillion, among the world’s largest fiscal plans to cushion the economic blow from the coronavirus pandemic.

27 May 11:12 Reuters 8334514180734302421.html
Mukesh Ambani’s youngest son Anant Ambani on board of Jio Platforms; here’s what he had said about RIL

27 May 11:12 1 article

Mukesh Ambani’s youngest son Anant Ambani on board of Jio Platforms; here’s what he had said about RIL

Anant Ambani, the youngest son of Asia’s richest person Mukesh Ambani, has formally joined the group’s digital venture Jio Platforms as an additional director.

27 May 11:12 The Financial Express 1288289580239548379.html
Technicolor abandons plan for EUR 300 mln rights issue, seeks new EUR 400 mln financing

27 May 11:12 1 article

Technicolor abandons plan for EUR 300 mln rights issue, seeks new EUR 400 mln financing

Technicolor said that it has been unable to go ahead with its previously announced EUR 300 million rights issue, due to the unprecedented crisis caused by the Covid-19 pandemic. It has instead entered talks with some of its creditors and with third-party investors to obtain a new EUR 400 million financing, indicating that so far it has received indicative offers from one investor and from one of its existing lenders.

27 May 11:12 Telecompaper 8935967650406108.html
Why U.S. energy CEOs will get big payouts despite oil meltdown

27 May 11:11 1 article

Why U.S. energy CEOs will get big payouts despite oil meltdown

BOSTON/NEW YORK (Reuters) - National Oilwell Varco Inc (NOV) has had a rough few years: Since 2017, the Houston company, whose drilling equipment is in major oilfields worldwide, has lost two-thirds of its value, costing shareholders a combined $9 billion.

27 May 11:11 Reuters 8334514179995087481.html
Rally in financials, F&O expiry: Here's why Sensex rallied 996 points today

27 May 11:11 1 article

Rally in financials, F&O expiry: Here's why Sensex rallied 996 points today

NSE's Nifty50 index ended at 9,315, up 286 points or 3 per cent.

27 May 11:11 Business-Standard 1502508925875338321.html
Don’t Be One of Those People Betting on a Chesapeake Stock Rebound

27 May 11:10 1 article

Don’t Be One of Those People Betting on a Chesapeake Stock Rebound

Speculators are betting there's something for them in Chesapeake's efforts to restructure its debt and keep operating, but CHK stock is dead.

27 May 11:10 InvestorPlace 24614510398079217.html
Brussels wants €750bn borrowing power to fund virus recovery

27 May 11:09 1 article

Brussels wants €750bn borrowing power to fund virus recovery

European Commission president Ursula von der Leyen must win backing from reluctant capitals

27 May 11:09 Ft 707176889744857431.html
EU Commission: European recovery plan and next long-term budget to use €1.85 trillion

27 May 11:08 1 article

EU Commission: European recovery plan and next long-term budget to use €1.85 trillion

The European recovery plan and the next long-term budget will use €1.85 trillion to kick-start the EU economy, Reuters reported on Wednesday, citing t

27 May 11:08 FXStreet 4480975638541124593.html
Playing Chicken With An Aeroplane

27 May 11:08 1 article

Playing Chicken With An Aeroplane

Of the three companies, LATAM, who just filed for chapter 11, is the only one with enough cash to cover their expenses for this year. The debt to asset ratios d

27 May 11:08 Seeking Alpha 5725634556573285159.html
Deepak Nitrite standalone Q4 net doubles to ₹116 crore

27 May 11:07 1 article

Deepak Nitrite standalone Q4 net doubles to ₹116 crore

Deepak Nitrite Limited standalone net profit more than doubled to ₹116 crore for the quarter ended March 2020, as against ₹57 crore, in the corresponding quarter a year ago, indicating 104 per cent ju

27 May 11:07 BusinessLine 5283600411723071.html
World Bank provides $346 million to strengthen resilience, livelihoods in Lake Chad region

27 May 11:06 1 article

World Bank provides $346 million to strengthen resilience, livelihoods in Lake Chad region

It explained that overall, the Lake Chad region suffered from poor development and economic indicators compared to the averages in the four countries.

27 May 11:06 Premium Times Nigeria 5456729300677886610.html
Dublin café owner looking to put in place portaloos to highlight lack of public toilets in city

27 May 11:06 1 article

Dublin café owner looking to put in place portaloos to highlight lack of public toilets in city

Business owners are warning that a lack of public toilets in Dublin city will be a significant pr...

27 May 11:06 Newstalk 7635722259641745569.html
Date announced for Nottingham branch of John Lewis to reopen - and what customers can expect

27 May 11:05 1 article

Date announced for Nottingham branch of John Lewis to reopen - and what customers can expect

Numerous safety measures will be in place

27 May 11:05 NottinghamshireLive 5149776701410577522.html
Wall Street Breakfast: Blastoff!

27 May 11:02 1 article

Wall Street Breakfast: Blastoff!

Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha, iTunes, Stitcher and Spotify. U.S. ambitions to rec

27 May 11:02 Seeking Alpha 5725634556763556855.html
How Rich Are You? Richer Than You Think

27 May 11:02 1 article

How Rich Are You? Richer Than You Think

Take a look at how much money other people have and live on, and your situation might look better than you thought.

27 May 11:02 The Motley Fool 2231313658653957516.html
Why You Shouldn't Worry About Moderna's Recent Insider Selling

27 May 11:02 1 article

Why You Shouldn't Worry About Moderna's Recent Insider Selling

No foul, no harm with four of Moderna's top execs selling shares right after the biotech's big news last week.

27 May 11:02 The Motley Fool 2231313657332337926.html
Hammerson chief executive to step down

27 May 11:01 1 article

Hammerson chief executive to step down

David Atkins to depart as shopping centre owner grapples with coronavirus fallout

27 May 11:01 Ft 707176889568338950.html
Merlin Properties - One Of The Largest European REITs

27 May 11:00 1 article

Merlin Properties - One Of The Largest European REITs

In this article, we'll take a more comprehensive look at Merlin Properties, a European REIT found in Spain. The company has an appealing blend of real estate in

27 May 11:00 Seeking Alpha 5725634558038828586.html
Gaming Is a Billion-Dollar Opportunity for Amazon Stock

27 May 11:00 1 article

Gaming Is a Billion-Dollar Opportunity for Amazon Stock

Gaming is another example of how AMZN will continue to innovate and find new ways to break into new businesses to boost Amazon stock.

27 May 11:00 InvestorPlace 24614511077122591.html
Revealed: conservative group fighting to restrict voting tied to powerful dark money network

27 May 11:00 1 article

Revealed: conservative group fighting to restrict voting tied to powerful dark money network

Honest Elections Project, part of network that pushed supreme court pick Brett Kavanaugh, is now focusing on voting restrictions

27 May 11:00 the Guardian 1491978795738846639.html
Kenya’s Biggest Source Of Foreign Currency Is Bleeding Dangerously

27 May 11:00 1 article

Kenya’s Biggest Source Of Foreign Currency Is Bleeding Dangerously

Kenyans abroad are sending a lot less money back home Like many low- and middle-income countries, remittances — which are basically funds sent home by nationals living/working abroad — play a significant role in supporting families, improving living standards, and generally bolstering the local economy. But remittances have nosedived since COVID-19 went from outbreak to pandemic, and in Kenya where funds repatriated from abroad are the biggest source of foreign currency, things may be going very south. Data from the Central Bank of Kenya (CBK) indicates that the country’s biggest source of foreign capital inflows is shrinking. Last month, Kenyans living outside the country sent home all of USD 208 Mn, some 9 percent less than the amount sent home in March. The dip in remittances is not unconnected to the shocks caused by the global pandemic and the situation might yet worsen. The country’s apex bank expects funds sent back home to shrink by as much as 15 percent for the whole of this year. The plunge is also…

27 May 11:00 WeeTracker 6939661661243522118.html
SMBs Can Apply for Full Paycheck Protection Program (PPP) Loan Forgiveness

27 May 11:00 1 article

SMBs Can Apply for Full Paycheck Protection Program (PPP) Loan Forgiveness

Small businesses can now apply for a full paycheck protection program (PPP) with loan forgiveness. To qualify organizations must show 75 percent of their loans were used on payroll and the other 25 percent was spent on expenses like rent or utilities.

27 May 11:00 PCMag UK 6559947201292563012.html
It's A Bird, It's A Plane, It's Brookfield Property REIT

27 May 11:00 1 article

It's A Bird, It's A Plane, It's Brookfield Property REIT

Although BPY/BPR is considered a mall REIT, the company technically is considered a diversified REIT because it invests in core office, retail and multifamily p

27 May 11:00 Seeking Alpha 5725634556935910786.html
Masks on for earnings conference calls, COVID-19 style

27 May 11:00 1 article

Masks on for earnings conference calls, COVID-19 style

Sneeze shields, contactless drop-offs, and now cloth masks for all employees. The pandemic has changed practices for businesses such as lab giant ALS.

27 May 11:00 Australian Financial Review 3974284488405404498.html
10 things you need to know before the opening bell, Business Insider - Business Insider Singapore

27 May 11:58 4 articles

10 things you need to know before the opening bell, Business Insider - Business Insider Singapore

Business Insider - This is what traders are talking about.. Read more at businessinsider.sg

27 May 11:58 www.businessinsider.sg 5090408755605722550.html
10 things you need to know before the opening bell, Business Insider - Business Insider Singapore

Business Insider - This is what traders are talking about.. Read more at businessinsider.sg

27 May 11:58 www.businessinsider.sg 5090408757036825771.html
Amazon is reportedly in talks to buy secretive self-driving car company Zoox for less than $3.2 billion, Business Insider - Business Insider Singapore

Business Insider - Zoox hinted it's had interest from multiple buyers.. Read more at businessinsider.sg

27 May 10:04 www.businessinsider.sg 5090408756122001007.html
Chrissy Teigen posted a video of herself being tested for COVID-19 and said 'it tickles', Business Insider - Business Insider Singapore

Business Insider - The model and cookbook author was being tested ahead of surgery to remove her breast implants, and she giggled throughout the experience.. Read more at businessinsider.sg

27 May 09:20 www.businessinsider.sg 5090408755523297737.html
10 things you need to know before the opening bell

27 May 11:58 2 articles

10 things you need to know before the opening bell

Here’s what you need to know before the markets open.

27 May 11:58 Business Insider Malaysia 8325046882190153142.html
10 things you need to know before the opening bell

Here’s what you need to know before the markets open.

27 May 11:58 Business Insider Malaysia 8325046883621256363.html
Mike Tyson said he was 'drinking, gorging on food, and f------ women' when he was 'out of control' before filing for bankruptcy in 2003, Business Insider - Business Insider Singapore

27 May 11:12 2 articles

Mike Tyson said he was 'drinking, gorging on food, and f------ women' when he was 'out of control' before filing for bankruptcy in 2003, Business Insider - Business Insider Singapore

Business Insider - "[Having] orgies; I was crazy. I bought a lot of cars for girls," Tyson said. "You can't have bitches around when you're young. they f--- up money.". Read more at businessinsider.sg

27 May 11:12 www.businessinsider.sg 5090408755735672672.html
Mike Tyson said he was ‘drinking, gorging on food, and f—— women’ when he was ‘out of control’ before filing for bankruptcy in 2003

Mike Tyson appears to blame women for leading him down a path toward bankruptcy during his fighting days.

27 May 11:12 Business Insider Malaysia 8325046882320103264.html
Sarb says lenders can handle coronavirus crisis

27 May 11:00 2 articles

Sarb says lenders can handle coronavirus crisis

Although financial stability risks are elevated and the outlook is challenging, says governor.

27 May 11:00 Moneyweb 1092550947898090757.html
SA Reserve Bank says lenders can handle coronavirus crisis

The country’s banks, some of the largest on the continent including Standard Bank and FirstRand, have seen profit growth slip in recent years, while risks from lending to the increasingly strained government and the economy have increased.

27 May 00:00 ewn.co.za 2308610107292988087.html
Woman reopens florist business from home - turning garden into floral paradise

27 May 11:58 1 article

Woman reopens florist business from home - turning garden into floral paradise

She has been inundated with orders.

27 May 11:58 Metro 970161747717668313.html
Mum shares genius ice lolly hack which stops kids dropping them

27 May 11:56 1 article

Mum shares genius ice lolly hack which stops kids dropping them

No more sticky floors.

27 May 11:56 Metro 970161748280644207.html
NASA set to resume human spaceflight from U.S. soil with historic SpaceX launch

27 May 11:55 1 article

NASA set to resume human spaceflight from U.S. soil with historic SpaceX launch

CAPE CANAVERAL, Fla., May 27 (Reuters) - SpaceX, the private rocket company of billionaire entrepreneur Elon Musk, was set to launch two Americans into orbit on Wednesday from Florida on a mission that would mark the first spaceflight of NASA astronauts from U.S. soil in nine years.

27 May 11:55 Daily Maverick 2373996789291322456.html
Can a bobby pin be traded up to a house? A woman on TikTok is trying to find out

27 May 11:50 1 article

Can a bobby pin be traded up to a house? A woman on TikTok is trying to find out

Remember that guy who traded one red paperclip up to a house in Saskatchewan? Well, now there’s an anonymous Bay Area woman on TikTok who is looking to trade a bobby pin to get one. Since May…

27 May 11:50 Boing Boing 4601305168554475628.html
Report: Tottenham Hotspur register loan interest in Philippe Coutinho

27 May 11:46 1 article

Report: Tottenham Hotspur register loan interest in Philippe Coutinho

A report claims that Tottenham Hotspur are waiting to pounce for Philippe Coutinho, who is set to return to Barcelona once his Bayern Munich loan ends this summer.

27 May 11:46 Sports Mole 7750663361525995990.html
Mums are 'taking on more housework than dads' during lockdown

27 May 11:45 1 article

Mums are 'taking on more housework than dads' during lockdown

Mums are also more likely to have quit or lost their job, or to have been furloughed, since the start of the lockdown, it is suggested

27 May 11:45 Wales Online 7686550517386710784.html
K24’s Eric Njoka goes on a bitter rant Insta-live over frustrations by his employer

27 May 11:44 1 article

K24’s Eric Njoka goes on a bitter rant Insta-live over frustrations by his employer

Eric Njoka is not a happy man

27 May 11:44 Pulse Live 3606876836194032547.html
ANJARWALLA & SEJPAL: Making insolvency laws in Kenya more

27 May 11:43 1 article

ANJARWALLA & SEJPAL: Making insolvency laws in Kenya more

Covid-19 has resulted in individuals facing daunting health and economic prospects.

27 May 11:43 Daily Nation 7421817124169831175.html
Holidaymakers from Birmingham could be first Brits allowed into Majorca

27 May 11:42 1 article

Holidaymakers from Birmingham could be first Brits allowed into Majorca

As coronavirus has led to the cancellation of holidays for hundreds of thousands of people, people from Birmingham may be allowed to board a plane to Majorca first

27 May 11:42 mirror 675785261294532135.html
State-owned Chinese company bids to build second UK nuclear plant

27 May 11:41 1 article

State-owned Chinese company bids to build second UK nuclear plant

The company is blacklisted in the US and its application has created more headaches for UK PM Boris Johnson.

27 May 11:41 Brisbane Times 2314609339550982346.html
Sun Pharma FY20 results: Profit rises 41% to Rs 3,765 crore, sales up 13%

27 May 11:41 1 article

Sun Pharma FY20 results: Profit rises 41% to Rs 3,765 crore, sales up 13%

For the fourth quarter ended March 31, 2020 (Q4 FY20), Sun Pharma posted a 37 per cent YoY decline in consolidated profit at Rs 399.8 crore due to one-time loss of Rs 260.6 crore

27 May 11:41 Business Today 1145527430690530484.html
20 bricks of cocaine seized

27 May 11:33 1 article

20 bricks of cocaine seized

CBSA border services officers recently seized 20 bricks of suspected cocaine at the Pacific Highway border crossing in Surrey.

27 May 11:33 Castanet 616068602584426328.html
ICare set to buy 23 homes to avoid families being evicted

27 May 11:31 1 article

ICare set to buy 23 homes to avoid families being evicted

APPROVED housing body iCare has negotiated a multi-million euro loan facility from AIB to allow it to buy more homes from distressed mortgage holders.

27 May 11:31 independent 5894610844600808492.html
The places in Wales which have received the most money from Welsh Government business grants during coronavirus crisis

27 May 11:30 1 article

The places in Wales which have received the most money from Welsh Government business grants during coronavirus crisis

£639m has been given to businesses in Wales

27 May 11:30 Wales Online 7686550516570764371.html
Under-fire Nicaragua reports significant rise in COVID-19 cases

27 May 11:30 1 article

Under-fire Nicaragua reports significant rise in COVID-19 cases

Nicaragua, criticized by its Central American neighbors for doing little to halt the spread of the coronavirus, on Tuesday reported a significant rise in COVID-19 deaths and infections. 

27 May 11:30 manilastandard.net 4715274786244394910.html
Average monthly salary EUR 1,100 in Latvia

27 May 11:30 1 article

Average monthly salary EUR 1,100 in Latvia

Data released by the Central Statistical Bureau (CSB) May 27 show that in the first quarter of 2020 the average gross wages and salaries for full-time work increased by 6.6 % or EUR 68 and comprised EUR 1,100.

27 May 11:30 Public broadcasting of Latvia 4233150812841746725.html
3 Kids Hospitalised After Letting A Black Widow Bite ‘Em In Group Effort To Become Spider-Man

27 May 11:29 1 article

3 Kids Hospitalised After Letting A Black Widow Bite ‘Em In Group Effort To Become Spider-Man

Spoiler: they did not become Spider-Man.

27 May 11:29 Pedestrian TV 5961900145422530718.html
3 childless widows living in mud house get 3-bedroom bungalow from lawmaker

27 May 11:25 1 article

3 childless widows living in mud house get 3-bedroom bungalow from lawmaker

The lawmaker representing Nnewi North constituency in Anambra state, Nonso Smart Okafor, has built a house for three childless widows who were living in a mud.

27 May 11:25 Legit 3764253650969861828.html
'Bullied' civil servant wins £250,000 payout after she was taunted by colleagues and branded racist for saying it always rains in Wales

27 May 11:25 1 article

'Bullied' civil servant wins £250,000 payout after she was taunted by colleagues and branded racist for saying it always rains in Wales

Anne Giwa-Amu, an administrative officer at the Department for Work and Pensions, won her race discrimination case after a tribunal found she suffered 'deliberate and humiliating harassment'.

27 May 11:25 Mail Online 124328111241955389.html
Woolworths scraps dividend, reviews Australasian real estate assets

27 May 11:23 1 article

Woolworths scraps dividend, reviews Australasian real estate assets

As Covid-19 pandemic impact weighs.

27 May 11:23 Moneyweb 1092550946860794301.html
Four family-owned Ipswich shops to reopen this June

27 May 11:21 1 article

Four family-owned Ipswich shops to reopen this June

The Childs/Manning family, who have several businesses on St Peter’s Street say they are looking forward to welcoming customers back

27 May 11:21 East Anglian Daily Times 681138151587904301.html
Trump says evidence ties China lab to virus, threatens tariffs

27 May 11:15 1 article

Trump says evidence ties China lab to virus, threatens tariffs

Trump is increasingly making Beijing's handling of the outbreak a major issue for his November re-election campaign.

27 May 11:15 New Vision 9103146372293434176.html
Royal Bank Q2 profit cut to $1.48 billion compared with $3.23 billion a year ago

27 May 11:13 1 article

Royal Bank Q2 profit cut to $1.48 billion compared with $3.23 billion a year ago

A massive increase in provisions for bad loans due to the COVID-19 pandemic resulted in Royal Bank of Canada reporting a 54 per cent decline in its second-quarter profit.

27 May 11:13 CTVNews 2422791598426356315.html
What The Average American Should Know About The SpaceX Crew Dragon Launch

27 May 11:09 1 article

What The Average American Should Know About The SpaceX Crew Dragon Launch

Here are a few talking points to help you make sense of the SpaceX Crew Dragon mission - the historic first private manned mission to space.

27 May 11:09 DKODING 1461033208321733678.html
Pictures show life almost back to normal in the city where the pandemic began

27 May 11:09 1 article

Pictures show life almost back to normal in the city where the pandemic began

Pictures of bustling night markets in Wuhan show life in the Chinese city starting to return to as it was before.

27 May 11:09 Metro 970161747424185463.html
ANJARWALLA & SEJPAL: Employment laws and Covid-19

27 May 11:09 1 article

ANJARWALLA & SEJPAL: Employment laws and Covid-19

It will be important to seek to achieve fairness for both employers and employees.

27 May 11:09 Daily Nation 7421817125354645243.html
New report raises wheat deficit fears

27 May 11:07 1 article

New report raises wheat deficit fears

More than one-quarter of British wheat crops are in a very poor condition, according to the latest crop condition report from agricultural consultancy Adas.

27 May 11:07 The Courier 4275302767536900182.html
All of McDonald's Irish drive-thrus to reopen by next Thursday

27 May 11:05 1 article

All of McDonald's Irish drive-thrus to reopen by next Thursday

All 51 drive-thrus in Ireland will be open by 4 June.

27 May 11:05 TheJournal.ie 6446904417306150984.html
Sotto: Gov’t needs to rebuild economy

27 May 11:05 1 article

Sotto: Gov’t needs to rebuild economy

SENATE President Vicente Sotto III on Wednesday said government needs to put a premium in rebuilding the economy once it relaxes current strict community quarantines that have been imposed to minimize the health impacts of the coronavirus disease (COVID-19).

27 May 11:05 Journal Online 6375127393471574484.html
The Daily Chase: RBC, BMO Q2 profits sink; Huawei CFO hearing

27 May 11:04 1 article

The Daily Chase: RBC, BMO Q2 profits sink; Huawei CFO hearing

Royal Bank Canada and Bank of Montreal saw their profits cut in half in the fiscal second quarter, and missed expectations in the process, as provisions for credit losses ballooned at both institutions.

27 May 11:04 BNN 3833521688055722905.html
The Halfords Code: Bike and car repair chain unveils how Covid-ready stores will operate with staff behind 'sneeze screens' and customer marshals - as 53 branches will fully reopen by Friday

27 May 11:04 1 article

The Halfords Code: Bike and car repair chain unveils how Covid-ready stores will operate with staff behind 'sneeze screens' and customer marshals - as 53 branches will fully reopen by Friday

During the UK lockdown, Halfords has been serving customers online and from car parks despite the Government saying that it was able to remain open.

27 May 11:04 Mail Online 124328111678521571.html
Emotional moment Ruth and Eamonn clap nine-year-old with cerebral palsy who is walking a marathon for charity

27 May 11:03 1 article

Emotional moment Ruth and Eamonn clap nine-year-old with cerebral palsy who is walking a marathon for charity

A NINE-YEAR-OLD boy with cerebral palsy has been praised by This Morning viewers over his charity challenge to raise money for the NHS. After being inspired by Captain Tom Moore, Tobias has started…

27 May 11:03 The Sun 7379604592137937578.html
EU's objective: More than 2.6 billion cars to use hydrogen by 2030

27 May 11:03 1 article

EU's objective: More than 2.6 billion cars to use hydrogen by 2030

Europe is at the beginning of a transition to becoming climate-neutral, with the European Union's objective being to have more than 2.6...

27 May 11:03 Stiri pe surse 4858045012441153577.html
The EU plans a record-breaking new stimulus package of $826 billion to soothe Europe’s economic pain from the coronavirus

27 May 11:02 1 article

The EU plans a record-breaking new stimulus package of $826 billion to soothe Europe’s economic pain from the coronavirus

The European Commission unveiled a planned deployment of 750 billion euros ($826 billion) on Wednesday as part of its new long-term budget and recovery plan to help fight the impact of the coronavirus on the continent’s economy.

27 May 11:02 Business Insider Malaysia 8325046882964888206.html
NHAI offers 'COVID loan' to private operators at 2% more than bank rate

27 May 11:02 1 article

NHAI offers 'COVID loan' to private operators at 2% more than bank rate

The NHAI will disburse 'COVID-19 loan' within 60 days of receiving a valid request from the concessionaire. The loans will be granted only to those parties who are not in default of contractual obligations as on February 19, 2020

27 May 11:02 Business Today 1145527431422373093.html