French carmaker Renault announces 15,000 job cuts worldwide

Struggling French carmaker Renault on Friday announced 15,000 job cuts worldwide as part of a 2 billion-euro cost-cutting plan over three years. Renault said on Friday that nearly 4,600 jobs will be cut in France in addition to more than 10,000 in the rest of the world. The group's global…

French carmaker Renault to cut 15,000 jobs worldwide

French carmaker Renault said Friday it will cut 15,000 jobs worldwide as part of a 2 billion-euro ($2.2 billion) cost-cutting plan, as a brutal drop in industry sales during the pandemic worsened the company's pre-existing problems.

Renault announces 15,000 job cuts worldwide

The move is part of a two billion euro cost-cutting plan over three years.

French carmaker Renault announces 15,000 job cuts worldwide

Renault, the French carmaker announces its cost-cutting plan of over three years. Renault will have 15,000 job cuts worldwide

French carmaker Renault announces 15,000 job cuts worldwide

The group's global production capacity will be revised from 4 million vehicles in 2019 to 3.3 million by 2024, the company said. "The difficulties encountered by the group, the major crisis facing the automotive industry and the urgency of the ecological transition are all imperatives that are driving the company to accelerate its transformation," it said in a statement.

Renault to cut 15,000 jobs worldwide, including 4,600 in France: Sources

French auto giant Renault plans to cut around 15,000 jobs worldwide, including 4,600 in France, as part of a two billion euro cost-cutting plan over three years, sources said Thursday. The plan,

French carmaker Renault announces 15,000 job cuts worldwide

PARIS — Struggling French carmaker Renault on Friday announced 15,000 job cuts worldwide as part of a 2 billion-euro cost-cutting plan over three years.

Renault poised to announce 15,000 layoffs worldwide

The overall cuts would affect just under 10% of Renault's 180,000 global workforce. The firm has around 48,500 staff in France.

French carmaker Renault announces 15,000 job cuts worldwide

Struggling French carmaker Renault on Friday announced 15,000 job cuts worldwide as part of a 2 billion-euro cost-cutting plan over three years. Renault said on Friday that nearly 4,600 jobs will be cut in France in addition to more than 10,000 in the rest of the world. The group's global

Renault poised to announce 15,000 lay offs worldwide

Some 4,500 jobs would go in France, though largely through a voluntary departure plan and a retirement scheme, the CFDT's Franck Daout told Reuters on Thursday.

French carmaker Renault to cut 15,000 jobs worldwide

French carmaker Renault said Friday it will cut 15,000 jobs worldwide as part of a 2 billion-euro ($2.2 billion) cost-cutting plan, as a brutal drop in industry sales during the pandemic worsened the

White House Punts Economic Update in Election Year

The White House has taken the unusual step of deciding not to release an updated economic forecast as planned this year, a sign of the administration's anxiety about how the coronavirus has ravaged the nation just months before the election.

White House punts economic update as US election draws near

While the economic forecast is being delayed, updated information about the nation's budgetary situation will still be released as expected this summer.

White House decides not to release economic update as election draws near | Honolulu Star-Advertiser

WASHINGTON >> The White House took the unusual step today of deciding not to release an updated economic forecast as planned this year, a fresh sign of the administration’s anxiety about how the coronavirus has ravaged the nation just months before the election.

White House punts economic update as election draws near

The White House has taken the unusual step of deciding not to release an updated economic forecast as planned this year, a fresh sign of the administration's anxiety about how the coronavirus has rava

New Zealand close to coronavirus eradication, despite grim global figures

New Zealand has all but eradicated coronavirus from its shores, with just one person in the nation of five million known to be still infected. The development is in stark contrast to the global outlook, however, where the spread of the pandemic generally remains grim - with India reporting another record increase in cases, and deaths reaching a new peak in Pakistan. In the US, Covid-19 forced more than two million people out of work last week despite the gradual reopening of businesses - stoking fears the outbreak is causing deep and potentially long-lasting damage to the world's largest economy. The confirmed US death toll has now surpassed 100,000 - the highest in the world.

New Zealand close to virus eradication despite grim global figures

The US economy is also showing signs of deep and long-lasting damage despite some businesses reopening.

New Zealand near eradication, but virus has grim global hold

In the U.S., the virus threw more than 2 million people out of work last week despite the gradual reopening of businesses, stoking fears the scourge is doing deep and potentially long-lasting damage to the world's largest economy.

New Zealand near eradication, but virus has grim global hold

New Zealand on Friday had all but eradicated the coronavirus from its shores with just one person in the nation of 5 million known to be still infected, but developments elsewhere were generally grim,

US-China tension to push Asian shares lower in choppy trade

Asian shares were set to dip in choppy trade on Friday as worries about worsening U.S.-China ties offset the fillip from hopes massive government ...

Asia shares fall as U.S.-China tensions douse rally on Wall St

Shares fell Friday in Asia as investors awaited a news conference about China by President Donald Trump later in the day.

US-China tension to push Asian shares lower in choppy trade

All eyes are now on Friday's press conference hosted by Trump where he will address his response to China over its treatment of Hong Kong.

Asia shares fall as US-China tensions douse rally on Wall St

Shares fell Friday in Asia as investors awaited a news conference about China by President Donald Trump later in the day.

Virgin Islands AG reaches deal for Epstein victims compensation fund

George previously raised questions about the victim fund — which would pay money to Epstein accusers who choose to settle rather than continue litigation — claiming there weren't enough

Epstein estate reaches deal with US Virgin Islands attorney general on victims compensation fund

A deal regarding a fund to compensate the dozens of alleged sex-trafficking victims of Jeffrey Epstein has been reached between the late financier's estate and the attorney general of the U.S. Virgin Islands following an impasse.

Epstein Victims to Get Money Under Deal With Virgin Islands

Women who accused Jeffrey Epstein of sexually assaulting them as girls can now be compensated after his estate, valued in one filing at more than $600 million, struck a deal with the U.S. Virgin Islands.

Kylie Jenner Is Not A Billionaire & Lied To Inflate Her Net Worth, Claims Forbes

Forbes Magazine has stripped Kylie Jenner of her title of “youngest self-made billionaire” after the outlet claims the Kylie Cosmetics founder

Forbes Announces Kylie Jenner Is No Longer A Billionaire

Kylie Jenner has lost her billionaire status after being accused by Forbes of inflating the size of her business and success.

Inside Kylie Jenner’s Web Of Lies—And Why She’s No Longer A Billionaire

Earlier this year, Kylie Jenner sold half of her cosmetics company in one of the greatest celebrity cash-outs of all time. But the deal’s fine print reveals that she has been inflating the size and success of her business. For years.

Forbes says Kylie Jenner is no longer a billionaire, claims she FORGED tax returns

Forbes says Kylie Jenner is not a billionaire - after originally naming her the youngest billionaire ever - claims she fabricated financial documents to support the false claim. On Friday, Forbes called out Kylie Jenner and

Kylie Jenner denies Forbes' claim she's no longer a billionaire and peddled a 'web of lies' about her net worth

Kylie Jenner is speaking out after Forbes insisted she isn't really a billionaire after all and faked numbers about her net worth.

Kylie Jenner has been 'inflating' her business success and isn't a billionaire, Forbes says

You know what's less cool than a billion dollars? "Inflating" the success of your business for years, as Forbes claims Kylie Jenner has done. Forbes declared Jenner the youngest self-made billionaire ever last year, but it's now offering an update: actually, now she's not a billionaire at all, self-made or otherwise. The outlet on Friday concluded that Jenner's business is, it turns out, "significantly smaller, and less profitable, than the family has spent years leading the cosmetics industry and media outlets, including Forbes, to believe." The report describes how Jenner publicists showed Forbes tax returns demonstrating the unbelievable growth of her company, Kylie Cosmetics, and showing $307 million in revenue in 2016. The documents were apparently a little too unbelievable, in fact; the outlet describes the numbers the Jenners provided as "hard to believe" and writes that filings later showed there's "virtually no way" they were accurate. "If Kylie Cosmetics did $125 million in sales in 2018, how could…

Costco to bring back free samples – but it’s not going to be like it was

Don’t expect it to be the same free-food free-for-all you were used to, Costco shoppers. After temporarily discontinuing the practice in early March, Costco is planning to once again offer free

Costco to bring back free samples next month – but it's not going to be like it was

"It's not going to be where you go and just pick up an open sample with your fingers," said Costco's CFO.

UN urges US$2.4 billion to help Yemen cope with war and virus

The UN humanitarian chief urgently appealed for US$2.4 billion to help millions of people in Yemen cope with the conflict and COVID-19, saying programs are already being cut and the situation is "alarming."

UN urges $2.4 billion to help Yemen cope with war and virus

The U.N. humanitarian chief urgently appealed for $2.4 billion to help millions of people in Yemen cope with the conflict and COVID-19, saying programs are already being cut and the situation is “alar

Government announces furlough scheme changes – what you need to know

The Chancellor Rishi Sunak has announced a series of changes to the Government's furlough scheme today, including workers being able to go back part-time from July. Here's what you need to know

Government's self-employment support scheme extended – what you need to know

The Government's Self-Employment Income Support Scheme will be extended and will pay out another single grant covering three months, the Chancellor has announced today. It's also said this will be

Fund for Jeffrey Epstein’s Accusers Gets Attorney General’s Approval

The Virgin Islands attorney general said Mr. Epstein’s estate had agreed to what she considered sufficient protections for victims’ rights.

Monica Crowley: House Bill Would Add Flexibility to Small Business Loans

Treasury's spokeswoman explained on Friday how the Paycheck Protection Program would be changed to make it more useful for small businesses. | Economy

Last Minute Addition To Louisiana Bill Hamstrings Community Broadband

We've long noted that roughly twenty states have passed laws either outright banning community broadband, or tightly restricting...

Chef creates 6.5-foot-long 'Back to Work Baguette' to allow customers to eat while social distancing

We’re going to start measuring everything in terms of sandwiches.

Can You Protect Privacy If There's No Real Enforcement Mechanism?

Privacy laws can have a lot of moving pieces from notices and disclosures, opt-in and opt-out consent requirements to privacy defaults...

What Could Kill My New York Bookstores?

It won’t be Amazon or the coronavirus. It will be artificially high rents.

UN secretary-general predicts 'historic' hunger in post-coronavirus world

United Nations Secretary-General António Guterres warned that the world is facing extreme crisis due to the coronavirus, despite scientific and technological advances. 

Mark Cuban lays out his plan to boost post-COVID economy: 'Give people checks that they have to spend'

Billionaire entrepreneur and Dallas Mavericks owner Mark Cuban told "Hannity" Thursday that the issuing of pre-loaded, federally funded debit cards is the best way to spur consumer demand and boost the economic recovery from the coronavirus pandemic.

Billionaire sells $70M Hamptons mansion for massive discount

Investor Barry Rosenstein sold an East Hampton mansion, which originally had been listed for $70 million, at a steep discount.

Cruz, Lee on Next Virus Legislation: Recovery, Not Relief Legislation

Sens. Ted Cruz and Mike Lee said tax cuts and deregulation are needed to help small businesses recover in the wake of coronavirus.

2 dead in house fire, cause under investigation

Authorities in western Pennsylvania on Friday were trying to determine what sparked an early-morning house fire that claimed the lives of a man and a woman.

Kentucky theft suspect on the run since 2018 found in SC

A Kentucky man accused of stealing around $25,000 from a nonprofit to pay off social media scammers was found in South Carolina, after being on the run since November 2018, authorities said.

Connecticut governor eases restrictions on houses of worship

Gov. Ned Lamont announced Friday he is easing pandemic restrictions on religious services, allowing houses of worship to now have up to 100 people inside, or 25% capacity, whichever is less.

Lee asks state agencies to cut budgets by 12%

Gov. Bill Lee has asked all state agencies to find ways to slash their budgets by 12% and submit their new proposals by the end of June.

Questions on reopening New York's economy baffle businesses

Some upstate New York business owners who made plans to reopen Friday as the state gradually loosens restrictions put in place during the coronavirus crisis remained close amid last-minute confusion o

New director for Arizona Department of Economic Security

The Arizona Department of Economic Security has a new director.

Open space patrols begin around Albuquerque amid fire danger

Firefighters have started patrolling open space areas around New Mexico’s largest metropolitan area as dry conditions intensify and fire danger increases.

Tulip Time Festival needs to raise $1M after pandemic losses

The Tulip Time Festival in western Michigan needs to raise $1 million to stem losses from this year's canceled event due to the coronavirus outbreak.

Maryland governor issues 2 orders related to coronavirus

Maryland Gov. Larry Hogan on Friday extended a moratorium on utility shutoffs and residential late fees to July 1.

'I can't breathe': White House locked down as crowd protests death of George Floyd

The White House was on lockdown Friday night as hundreds of demonstrators gathered in adjacent Lafayette Park chanting,

Kansas man charged $50K in medical bills after accident

Alvin Letner doesn’t remember signing the form where he promises to pay a medical bill of nearly $50,000 he hadn’t yet seen.

California to vote on business tax hike worth up to $12B

California voters in November will decide whether to increase property taxes on commercial and industrial land to raise up to an estimated $12 billion annually for public schools and city halls across

Coronavirus Employees' Help

If you're worried about work during the coronavirus crisis, this guide looks at your rights as an employee including who's eligible to be furloughed.

Best Bank Accounts

Martin Lewis reveals how to compare and switch to the best bank accounts that can save you £100s a year.

As Peet’s Coffee Parent Shares Surge Post IPO, Expect It To Be A Bigger Contender Against Starbucks

The coronavirus pandemic may have shut restaurants and cafes, but it’s not quenched the thirst for coffee: shares of Peet’s Coffee parent JDE Peet's surged 14% on Friday after an initial public offering, likely paving the way for Peet’s to be a bigger challenger against coffee house giant Starbucks.

Report: Whole Foods, King Soopers Make The Most Of Their Plant-Based Offerings

A report released Thursday by the Good Food Institute takes stock of the progress the top 15 U. S. grocery retailers have made in stocking, merchandising and marketing the growing array of plant-based meat, dairy and egg alternatives.

Stocks Turn Positive After Trump Keeps Phase One China Trade Deal Intact

Trump took a more confrontational approach with China on Friday.

Friday Night SmackDown Results: News, Notes As WWE Exploits Jeff Hardy’s Demons

Jeff Hardy was arrested on suspicion of drunk driving to kick off WWE Friday Night SmackDown.

PPP Gets A Promotion: House Passes Bill That May Save Thousands Of Businesses — And One Million Headaches

House passes PPP loan Bill.

Does Gap Inc Have Enough Cash To Survive Covid-19 Demand Shock?

With most retail stores shut and people holding off on discretionary spending, chains such as Gap Inc may be looking at an existential crisis - a big change from typical growth issues they tackle every day. The company’s stock has fallen 50% this year reflecting the demand shock that may push it...

14 Return-On-Equity Champions With Warren Buffett Fundamentals

Warren Buffett considers it a positive sign when a company is able to earn above-average returns on equity. Here are 14 that fit the bill.

The Paycheck Protection Program Could Have Been Great—It Wasn’t

With the first round of Paycheck Protection Program recipients about to submit for loan forgiveness, let's look back on the process.

John Paulson Adds 2 Stocks To Portfolio, Boosts Tiffany

Merger arbitrage specialist releases first-quarter portfolio

Used Car Seller Billionaires Ernie Garcia II And Son Accused Of Insider Trading In Lawsuit

The father and son team behind Carvana, the online used car seller, along with the company’s directors and investment firms controlled by the Garcias, allegedly traded on coronavirus fears to buy up shares at “bargain basement prices.”

Report: Worldwide Alcohol Sales Won’t Rebound Until 2024

The global coronavirus pandemic may have initially caused a spike in U.S. alcohol sales at off-premise retail stores, but the long-term impact of decreased travel and on-premise closures could set the global booze business back five years, according to a new report from research firm IWSR.

Crafting What Going Back To Work Will Look Like: The Nuanced Decisions All Leaders Need To Consider

The role of a leader, at this time, isn’t a straight-forward job. It’s filled with difficult decisions set in a world of nuance and shades of gray. There are some critical actions all leaders need to consider for their workforce to return to the workplace.

Kylie Jenner, Responding To Forbes Report, Says She Never ‘Tried To Lie’

The 22-year-old cosmetics mogul is still worth $900 million.

The Brazil Tech And Innovation Round-Up: International E-Commerce Growth, Digital Exclusion Hits Black And Poor Brazilians, App Delivery Fee Cap

A selection of noteworthy developments in the Brazilian tech and innovation landscape during the week ending May, 29, 2020

What The Pandemic Means For The Gender Wage Gap

What can be done to close the wage gap, and decrease the disparity between men and women’s retirement income? It comes back to offering women caregiving benefits and work flexibility.

Three Ways Technology Can Help Save Retailers

With retail sales plunging, customer experience is more important. Learn how AR, geospatial, and other technologies can help retailers stay close to customers and encourage brand loyalty.

Why Goldman Sachs Is Running Downmarket To Embrace RIAs With Recent Acquisitions

Goldman Sachs continues to build its retail wealth management business, buying boutique custodian Folio Financial last week after the acquisition of United Capital last year

Mortgage Rates Hit New All-Time Low, But Rushing To Refinance Might Not Be Necessary

Mortgage rates hit yet another record-breaking low, but rushing to refinance may not be necessary.

How Will Social Distancing Affect Our Need To Belong?

For many, the post-Covid workplace will involve more teleconferencing than face-to-face meetings. What will this mean for all-important social bonding? An expert weighs in.

McConnell Vows The Next Stimulus Bill Will Be The Last One

Another round of stimulus checks, more state aid, and extended unemployment benefits are all on the line.

Midwest Hyperloop Route Could Lead To $300 Billion In Economic Benefits

A feasibility study outlines the potential benefits of a corridor linking Chicago, Columbus and Pittsburgh.

Would You Choose Restaurant Brands’ Stock Over McDonald’s?

McDonald’s stock has grown 20% in the last couple of years (since Jan 2018), but Restaurant Brands’ Stock has grown by only 10%. But it is hard to believe why McDonald’s stock is up more Restaurant Brands’ stock - especially since Restaurant Brands’ revenue growth for the 2017-2019 period stood at..

Life After Covid-19

Covid-19 created a record-level disruption across several industries, forcing employers to respond at a record-level pace — including implementing remote jobs on the spot, while, as much as possible, easing employees' concerns to reduce worry and stress.

'Elon Musk Is Not A Lunatic': Revisiting The Dawn Of SpaceX

With SpaceX’s historic private launch of astronauts into orbit, here is the first Forbes profile of Elon Musk from 2003, shortly after the company was founded—and five years before the first Tesla rolled off the line.

Small Businesses Can Bypass Complicated GAAP Rules For Crypto Accounting

Small businesses can follow tax basis accounting for crypto and avoid cumbersome GAAP rules

The American Workplace Is Reopening. Are Employers Ready?

Ready or not, American workplaces are revving into action. Battered by the economic costs of the lockdown, governors are easing closure orders and allowing businesses to reopen. But what will the post-pandemic office look like?

Post-Pandemic Music Industry Predictions: The Consolidation Of Power

The music industry has been slowly consolidating for years, and the pandemic may accelerate this trend. Major financial transactions around mergers, acquisitions and institutional interest estimate the industry value doubling in a decade, but how will this impact festivals, startups and artists?

Dow Jones Futures: Trump China News May Not Break Coronavirus Stock Market Rally; Renault, Twitter In Focus

Donald Trump, the U.S. president, appears poised to sign measures against China that would spur tensions further. He wants to punish Chinese officials

Twilio Shares Surge 98% YTD As Emerging Use Cases Drive Increased Demand

During the Covid-19 crisis, Twilio has emerged as a leading provider of the underlying infrastructure needed to power increased digital engagement. Management called out six emerging use cases for Twilio’s platform during the pandemic.

Find The Best Talent And More: 4 Concrete Benefits To Your Business Of Being Accountable To Stakeholders

Accountability is essential if a company is to be purpose-driven and meet the needs of all stakeholders. But where to start? Examining environmental, community, worker, customer and governance impacts can help your business review, assess, and make meaningful changes to improve overall performance.

Qualcomm, Qorvo & Jabil: Apple Suppliers Have Been Left Behind From The Rally. Time To Buy?

Apple stock is up about 5% year-to-date, despite the Coronavirus pandemic, driven by its strong balance sheet and fast-growing services business, which makes it a safe haven of sorts. However, most of Apple’s suppliers have not fared as well. Our indicative list of 6 key suppliers for the iPhone...

What Kind Of Innovation Will We Apply To Build Our Post-COVID Food System?

As we imagine our Post-COVID food system, I want to discuss how we will unleash innovation to modernize a massive, brittle food production system and its support structures. Fundamentally, how can we innovate to better match food supply with demand?

Finding Comfort Outside Of The MegaTechs

Megatech has done well lately. But for investors over allocated to Facebook, Apple, Amazon, Microsoft and Alphabet, there are other tech stocks with good growth prospects and strong balance sheets.

A New 32GWh Gigafactory Will Build Sustainable Batteries In Norway

The Norwegian company Morrow Batteries is going to establish a new gigafactory, which will be located in the strategic Agder county. Their aim is to “revolutionize battery production and establish a more sustainable supply to European car makers”.

Are State Reopening Policies Turning The Economy Around?

There may be some slight economic improvement in more aggressive “reopening” states. But the nation’s overall economic picture remains very troubled. And a too-aggressive reopening before the virus is under control could feed a second disease wave later this year.

TZERO Announced New Broker-Dealers Trading On Its Blockchain

tZERO, owned by OverstockOSTK, announced yesterday that broker-dealers ChoiceTrade and an unnamed investment bank focused on institutional brokerage are now live and trading on the tZERO blockchain Alternative Trading System (ATS). Both brokers are now subscribers to the tZERO’s ATS.

Snapshots Of The New Retail Wine Sector And What Lies Ahead

Wine sales have essentially doubled. We attribute this to the lack of restaurants and bars, but also to more overall alcoholic beverage consumption and shoppers engaging in larger, less-frequent shopping experiences.

The Customer Service Heroism Of Funeral Directors, The ‘Last Responders’ Of The Deathcare/Funeral Industry

In the unprecedented losses we’ve suffered so suddenly as a country, a large part of the burden has fallen on the funeral industry, sometimes called deathcare. Funeral directors serve in a customer service-focused industry, as customer service consultant Micah Solomon explores.

Restarting The American Economy: The Most Essential Factors

According to some sources, unemployment is expected to reach 25.2% by the end of this year.

5 Top Canadian Oil Stocks To Buy In 2020

Pessimism about the Canadian oil and gas sector might be at an all time high but for medium to long-term investors, these stocks might be attractive buys.

Afya Limited (AFYA) CEO Virgilio Deloy Capobianco Gibbon on Q1 2020 Results - Earnings Call Transcript

Afya Limited (NASDAQ:AFYA) Q1 2020 Earnings Conference Call May 29, 2020 11:00 AM ET Company Participants Renata Couto - Head of Investor Relations Virgilio Del

FAT Brands' (FAT) CEO Andy Wiederhorn on Q1 2020 Results - Earnings Call Transcript

FAT Brands Inc. (NASDAQ:FAT) Q1 2020 Earnings Conference Call May 28, 2020 5:00 PM ET Company Participants Ashley DeSimone – Investor Relations-ICR Andy Wiederh

EHang Holdings Limited (EH) CEO Huazhi Hu on Q1 2020 Results - Earnings Call Transcript

EHang Holdings Limited (NASDAQ:EH) Q1 2020 Results Conference Call May 29, 2020 08:00 AM ET Company Participants Julia Qian - Managing Director of the Blueshirt

Big Lots, Inc. (BIG) CEO Bruce Thorn on Q1 2020 Results - Earnings Call Transcript

Big Lots, Inc. (NYSE:BIG) Q1 2020 Earnings Conference Call May 29, 2020 08:00 ET Company Participants Andy Regrut - Vice President, Investor Relations Bruce Tho

Olympus' (OCPNF) Management on Q4 2020 Results - Earnings Call Transcript

Olympus Corporation (OTC:OCPNF) Q4 2020 Earnings Conference Call May 29, 2020 8:00 AM ET Company Participants Chikashi Takeda – Chief Financial Officer Akihiro

Canadian Western Bank (CBWBF) CEO Christopher Fowler on Q2 2020 Results - Earnings Call Transcript

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Rocket Internet SE (RCKZF) CFO Bettina Curtze Q1 2020 Results - Earnings Call Transcript

Rocket Internet SE (OTC:RCKZF) Q1 2020 Earnings Conference Call May 28, 2020 04:00 AM ET Corporate Participants Bettina Curtze - Senior Vice President of Financ

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Golar LNG Limited (NASDAQ:GLNG) Q1 2020 Earnings Conference Call May 28, 2020 10:00 AM ET Company Participants Iain Ross – Chief Executive Officer Callum Mitche

Okta, Inc. (OKTA) CEO Todd McKinnon on Q1 2021 Results - Earnings Call Transcript

Okta, Inc. (NASDAQ:OKTA) Q1 2021 Earnings Conference Call May 28, 2020 05:00 PM ET Company Participants David Gennarelli - Head of Investor Relations Todd McKin

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Zscaler, Inc. (NASDAQ:ZS) Q3 2020 Results Conference Call May 28, 2020 04:30 PM ET Company Participants Bill Choi - SVP, IR Jay Chaudhry - Chairman and CEO Remo

Majesco (MJCO) CEO Adam Elster on Q4 2020 Results - Earnings Call Transcript

Majesco (NASDAQ:MJCO) Q4 2020 Earnings Conference Call May 28, 2020 17:00 ET Company Participants Stan Berger - Investor Relations Adam Elster - Chief Executive

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The Toronto-Dominion Bank (NYSE:TD) Q2 2020 Earnings Conference Call May 28, 2020, 01:30 PM ET Company Participants Gillian Manning - Head, IR Bharat Masrani -

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Wipro share price gains nearly 6% after Thierry Delaporte named new CEO and MD

Wipro share price climbed 5.6% to the day's high of Rs 210.5 on the BSE against the last closing value of Rs 199.30. Volume-wise, 18.8 lakh and 162 lakh shares were trading on BSE and NSE counters, both above the 5, 10 and 30-day average

Wipro shares gain nearly 4% on Thierry Delaporte’s appointment as CEO, MD of company

Shares of Wipro on Friday jumped nearly 4 percent after the company announced the appointment of Capgemini Group veteran Thierry Delaporte as its Chief Executive Officer and Managing Director, effective 6 July, 2020

Wipro appoints Thierry Delaporte as new CEO and MD

Wipro's 3-month old leader hunt comes to an end

Wipro gains over 6% after Co appoints Thierry Delaporte as new CEO and MD

Delaporte was most recently the chief operating officer of French consulting and technology firm Capgemini Group.

Wipro shares gain 1% after Co appoints Thierry Delaporte as new CEO and MD

Delaporte was most recently the chief operating officer of French consulting and technology firm Capgemini Group.

Capgemini COO Thierry Delaporte becomes new Wipro CEO and MD

Neemuchwala will step down as CEO on June 1 while executive chairman Rishad Premji will oversee day-to-day operations of the company until Delaporte takes over on July 6

Wipro names former Capgemini COO Thierry Delaporte as new CEO; Neemuchwala to leave on 1 June

Thierry Delaporte, who will replace Abidali Neemuchwala, was most recently the chief operating officer of Capgemini Group.

Wipro Appoints Capgemini's Thierry Delaporte As CEO, Managing Director

Wipro has appointed Capgemini executive Thierry Delaporte as its chief executive officer and managing director, the company said in a regulatory filing.

Wipro appoints Capgemini’s Thierry Delaporte as new CEO, MD

India Business News: Wipro said it has appointed Thierry Delaporte as its chief executive officer and managing director to replace outgoing Abidali Neemuchwala. Delaporte,

Capgemini's top executive Thierry Delaporte is new Wipro CEO

Until recently, Thierry Delaporte was CEO of Capgemini Group and a member of its Group Executive Board. He held several leadership roles including that of CEO of Global Financial Services Strategic Business Unit, and head of all global service lines

Wipro's new CEO Thierry Delaporte has an impressive CV but challenges galore: Experts

Delaporte will have to ring in organisational changes to help Wipro regain lost ground, feel experts.

Trump says terminating U.S. relationship with World Health Organization over virus – media

The U.S. will be redirecting those funds to other worldwide and deserving urgent global public health needs.

Trump cutting U.S. ties with World Health Organization over virus

WASHINGTON/UNITED NATIONS — The United States will end its relationship with the World Health Organization over the body’s handling of the coronavirus pandemic, U.

US cuts ties with World Health Organisation over coronavirus response

President Donald Trump has said the US will be terminating its relationship with the World Health Organisation.

Trump terminating US relationship with World Health Organisation

The President said the WHO "failed to make the requested and greatly needed reforms" that he demanded earlier this month.

US “terminating relationship” with World Health Organization, Trump says

"China has total control over the World Health Organization," Trump claims.

US cuts ties with World Health Organisation over coronavirus response

President Trump said the US would be ‘redirecting’ the money to ‘other worldwide and deserving urgent global public health needs’.

US cuts ties with World Health Organisation over coronavirus response

President Trump said the US would be ‘redirecting’ the money to ‘other worldwide and deserving urgent global public health needs’.

US cuts ties with World Health Organisation over coronavirus response

President Trump said the US would be ‘redirecting’ the money to ‘other worldwide and deserving urgent global public health needs’.

US cuts ties with World Health Organisation over coronavirus response

President Trump said the US would be ‘redirecting’ the money to ‘other worldwide and deserving urgent global public health needs’.

US cuts ties with World Health Organisation over coronavirus response

President Donald Trump has said the US will be terminating its relationship with the World Health Organisation.

Roger Federer tops list of world's highest-paid athletes

Roger Federer topped the 2020 Forbes magazine list of highest-paid global athletes announced Friday, leading the lineup for the first time with pre-tax earnings of USD 106.3 million (95.5 million

Federer tops list of world's highest-paid athletes

Roger Federer topped the 2020 Forbes magazine list of highest-paid global athletes announced Friday, leading the lineup for the first time with pre-tax earnings of $106.3 million (95.5 million euros). The Swiss tennis legend, a men's record 20-time Grand Slam singles champion, becomes the first player from his sport atop…

Federer tops list of world's highest-paid athletes

Roger Federer topped the 2020 Forbes magazine list of highest-paid global athletes announced, leading the lineup for the first time.

Federer tops list of world’s highest-paid athletes

Roger Federer topped the 2020 Forbes magazine list of highest-paid global athletes announced Friday, leading the lineup for the first time with pre-tax earnings of $106.3 million (95.5 million euro...

Roger Federer highest-paid athlete in the world in Forbes list for 2020, Virat Kohli at 66th

Roger Federer takes the top spot for the first time in the Forbes highest paid athletes list, with $106 million of pre-tax earnings, edging past Cristiano Ronaldo and Lionel Messi

Virat Kohli only cricketer to feature in Forbes highest-paid athletes 2020 list

Virat Kohli took up the 66th position in the list of Top 100 richest sportspersons in 2020.

Rodger Federer tops list of world’s highest-paid athletes

Roger Federer topped the 2020 Forbes magazine list of highest-paid global athletes announced Friday, leading the lineup for the first time with pre-tax earnings of $106.3 million (95.5 million euros).

Federer tops list of world's highest-paid athletes

NEW YORK - Roger Federer topped the 2020 Forbes magazine list of highest-paid global athletes announced Friday, leading the lineup for the first time with pre-tax earnings of $106.3 million (95.5

Volkswagen invests €2bn in Chinese electric vehicle sector

BEIJING: Volkswagen will invest around €2 billion ($2.2 billion) in two Chinese companies in the electric vehicle sector, calling it “the world’s biggest market.” The German car giant said it will take a 50 percent stake in JAG — the parent company of state-owned JAC Motors — and increase its holding in the JAC Volkswagen joint venture from 50 percent to 75 percent for around

Volkswagen pumps 2 billion euros into China electric vehicle bet

Volkswagen AG plans to boost its electric push in China, the world's biggest auto market, by pumping 2.1 billion euros in two Chinese electric ...

Volkswagen invests 2 billion euros in Chinese electric vehicle sector

Volkswagen will take a 50% stake in JAG – the parent company of state-owned JAC Motors – and a 26% share of Chinese battery supplier Gotion High-Tech

Volkswagen pumps 2 billion euros into China electric vehicle bet

BEIJING/HONG KONG (Reuters) - Volkswagen AG (VOWG_p.DE) plans to boost its electric push in China, the world’s biggest auto market, by pumping 2.1 billion euros in two Chinese electric vehicle players.

Volkswagen invests €2b in Chinese electric vehicle sector

BEIJING, May 29 ― Volkswagen said today it will invest around €2 billion (RM9.65 billion) in two Chinese companies in the electric vehicle sector, calling it “the world's biggest market”. The German car giant said it will take a 50 per cent stake in JAG ― the parent company of state-owned...

Volkswagen to invest 2 billion euros in Chinese EV deal, buys stakes in two firms

In a separate transaction, VW said it will pay 1.1 billion euros to acquire 26.5% of Guoxuan High-tech Co Ltd, a maker of electric vehicle batteries, becoming its biggest shareholder

Volkswagen AG pumps 2 billion euros into China electric vehicle bet, buys stakes in 2 firms

VW said it will invest 1 billion euros to take a 50% stake in the state-owned parent of Anhui Jianghuai Automobile Group (JAC Motors), also raising its stake in an existing electric vehicle joint venture with JAC to 75% from 50%.

Forbes drops Kylie Jenner from billionaires list

Kylie Jenner isn't a billionaire after all, Forbes as it accused the reality TV star's family of "inflating the value of her cosmetics".

Kylie Jenner Responds To Forbes’ Accusation Of “Inflating” Billionaire Status

Kylie Jenner has responded to Forbes' claim that she inflated her billionaire status.

Go read this Forbes investigation alleging Kylie Jenner isn’t actually a billionaire

Kylie Jenner was perhaps not the youngest self-made billionaire ever, Forbes suggests

Kylie Jenner fires back at Forbes after claim she lied to gain billionaire status

Kylie Jenner has fired back at Forbes for claiming she forged documents and over exaggerated her business to attain the billionaire status, saying she is not a billionaire. Kylie bashed the most explosive claim in the

Kylie Jenner’s Billionaire Status Questioned by Forbes

Forbes has done the key investigative financial reporting we need, revealing that Kylie Jenner is not actually a billionaire, even after the 600-million-dollar sale of Kylie Cosmetics to Coty.

Kylie Jenner fumes over Forbes' fake billionaire claims: "What am I reading?"

The lip kit mogul responded to a damning article from Forbes that claimed she'd 'spun a web of lies' and 'forged' tax returns to make it look like she had more money than she has

Forbes removes Kylie Jenner from billionaires list

Olushola Odeyinde Kylie Jenner has been removed from the list of billionaires by Forbes on Friday. The Reality Tv star, Make-up business mogul, and influencer has been accused by Forbes of in...

Indian economy slows in March quarter, with worst to come

India's economy grew at 3.

India's economy seen slowing rapidly in March quarter, with worse to come

Gross domestic product data out later on Friday is expected to show India's economy grew at its slowest pace in at least two years in the March quarter as the coronavirus pandemic weakened already

India's economy seen slowing rapidly in March quarter, with worse to come

Gross domestic product data out later on Friday is expected to show India’s economy grew at its slowest pace in at least two years in the March quarter as the coronavirus pandemic weakened already declining consumer demand and private investment.

India’s economy seen slowing rapidly in March quarter, with worse to come

Economists expect worst financial contraction in four decades

Lockdown impact: Economy seen slowing rapidly in March qtr, with worse to come

The full impact of the lockdown on manufacturing and services will become more apparent in the June quarter, with Goldman Sachs predicting a 45% contraction from a year ago.

India's economy may have grown at slowest in 2 years during March quarter

The full impact of the lockdown on manufacturing and services will become more apparent in the June quarter, with Goldman Sachs predicting a 45% contraction from a year ago

India's economy seen slowing rapidly in March quarter, with worse to come

Gross domestic product data out later on Friday is expected to show India's economy grew at its slowest pace in at least two years in the March quarter as the coronavirus pandemic weakened already declining consumer demand and private investment. The median forecast from a Reuters poll of economists

Debate over extending $600 in jobless aid in United States

 A debate in Congress over whether to extend USD 600 a week in federally provided benefits to the unemployed looks sure to intensify with the number of people receiving the aid now topping 30 million

Debate over $600 in jobless aid to intensify as claims rise | Honolulu Star-Advertiser

WASHINGTON >> A debate in Congress over whether to extend $600 a week in federally provided benefits to the unemployed looks sure to intensify with the number of people receiving the aid now topping 30 million — one in five workers.

Debate over $600 in jobless aid to intensify as claims rise

The money, included in a government relief package enacted in March, is set to expire July 31.

Debate over USD 600 in jobless aid to intensify as claims rise

A debate in Congress over whether to extend USD 600 a week in federally provided benefits to the unemployed looks sure to intensify with the number of people receiving the aid now topping 30 million one in five workers.

Debate over $600 in jobless aid to intensify as claims rise

WASHINGTON (AP) — A debate in Congress over whether to extend $600 a week in federally provided benefits to the unemployed looks sure to intensify with the number of people receiving the aid now topping 30 million — one in five workers.The money, included in a government relief package enacted in March, is set to expire July 31. Yet with the unemployment rate widely expected to still be in the mid-teens by then, members of both parties will face pressure to compromise on some form of renewed benefits for the jobless.Democrats have proposed keeping the $600-a-week payments through January in a $3 trillion relief package that the House approved this month along party lines. Senate Republicans oppose that measure.

Debate over $600 in jobless aid to intensify as claims rise

The money, included in a government relief package enacted in March, is set to expire July 31.

Debate over $600 in jobless aid to intensify as claims rise

The $600 in federal benefits was added as a way to replace all of an average worker’s lost income.

Madras High Court notice to Franklin Templeton, SEBI

PIL filed against closure of 6 schemes

Madras High Court Issues Notices To Franklin Templeton, SEBI: Investors Group

Chennai Financial Markets and Accountability group is also launching an online petition to bring together all affected investors.

Madras High Court issues notices to Franklin Templeton MF, Sebi: Investors Group

It further said mutual funds and the fund managers should be made to answer questions on their choice of investment, and compliance with regulatory and prudential norms, among others.

Madras High Court issues notices to Franklin Templeton MF, Sebi

Last month, Franklin Templeton had closed six debt funds.

Madras High Court slaps notices to Franklin Templeton MF, Sebi, says Investors Group

Madras high court issues notices to Franklin Templeton MF, Sebi: Investors Group

India Business News: Notices have been issued to crisis-hit Franklin Templeton Mutual Fund and Sebi by the Madras High Court after a petition was filed by an investors gro

Madras High Court issues notices to Franklin Templeton Mutual Fund, SEBI: Investors group

Notices have been issued to crisis-hit Franklin Templeton Mutual Fund and Sebi by the Madras High Court after a petition was filed by an investors group to safeguard nearly Rs 28,000 crore of investors' money stuck in six schemes shut down by the fund house, according to a statement

Renault to cut 15,000 jobs in ‘vital’ cost-cutting plan

Production capacity will be cut to 3.3m by 2024 from 4m vehicles currently

Renault to cut 15,000 jobs in 'vital' cost-cutting plan

French carmaker Renault says nearly 4,600 jobs would be cut in France and more than 10,000 in the rest of the world – some 8% of the company's global workforce

Renault to cut 15,000 jobs, save RM9.7 billion by 2024

Lots of movement in the Renault-Nissan-Mitsubishi Alliance lately, what with the reveal of a new business strategy and Nissan both posting severe losses

Renault to slash about 15,000 jobs in €2bn cost-cutting plan

Carmaker eyes production cuts after fall in demand during coronavirus crisis

Renault to cut 15,000 jobs in 2b euro cost cutting plan

Renault hopes to bring about the job cuts without redundancies through voluntary departures, internal mobility measures and retraining, sources said.

Renault to cut 15,000 jobs in US$2.2b cost cutting plan

PARIS: French auto giant Renault plans to cut around 15,000 jobs worldwide, including 4,600 in France, as part of a two billion euro (US$2.2 ...

Renault to cut 15,000 jobs

French carmaker Renault said Friday it will cut 15,000 jobs worldwide as part of a 2 billion-euro ($2.2 billion) cost-cutting plan, as a brutal drop in industry sales during the pandemic worsened the company's pre-existing problems.

Lighthouse Financial Advisors Inc. Sells 42 Shares of Amazon.com, Inc. (NASDAQ:AMZN)

Lighthouse Financial Advisors Inc. reduced its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 4.4% during the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 909 shares of the e-commerce giant’s stock after selling 42 shares during the quarter. Lighthouse Financial Advisors Inc.’s holdings in Amazon.com were […]

Amazon.com, Inc. (NASDAQ:AMZN) is Partnervest Advisory Services LLC’s 9th Largest Position

Partnervest Advisory Services LLC boosted its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 26.7% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,379 shares of the e-commerce giant’s stock after buying an additional 291 shares during the period. […]

Pinnacle Wealth Management Advisory Group LLC Purchases 140 Shares of Amazon.com, Inc. (NASDAQ:AMZN)

Pinnacle Wealth Management Advisory Group LLC lifted its position in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 15.7% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,029 shares of the e-commerce giant’s stock after purchasing an additional 140 shares during […]

Madison Wealth Management Buys 1,967 Shares of Amazon.com, Inc. (NASDAQ:AMZN)

Madison Wealth Management boosted its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 666.8% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The firm owned 2,262 shares of the e-commerce giant’s stock after acquiring an additional 1,967 shares during the period. Amazon.com accounts for about 1.8% of Madison Wealth […]

Amazon.com, Inc. (NASDAQ:AMZN) Shares Acquired by Biondo Investment Advisors LLC

Biondo Investment Advisors LLC lifted its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 22.7% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 2,361 shares of the e-commerce giant’s stock after purchasing an additional 437 shares during the quarter. Amazon.com comprises 1.5% of Biondo […]

McAdam LLC Sells 21 Shares of Amazon.com, Inc. (NASDAQ:AMZN)

McAdam LLC reduced its position in Amazon.com, Inc. (NASDAQ:AMZN) by 5.1% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 387 shares of the e-commerce giant’s stock after selling 21 shares during the quarter. McAdam LLC’s holdings in Amazon.com were worth […]

Capital Advantage Inc. Makes New Investment in Amazon.com, Inc. (NASDAQ:AMZN)

Capital Advantage Inc. bought a new position in shares of Amazon.com, Inc. (NASDAQ:AMZN) in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 607 shares of the e-commerce giant’s stock, valued at approximately $1,442,000. Amazon.com accounts for 0.6% of Capital Advantage Inc.’s portfolio, […]

Apple Inc. (NASDAQ:AAPL) Shares Sold by Focused Wealth Management Inc

Focused Wealth Management Inc trimmed its stake in shares of Apple Inc. (NASDAQ:AAPL) by 2.0% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 25,517 shares of the iPhone maker’s stock after selling 515 shares during the period. Apple comprises about […]

Heritage Investors Management Corp Sells 8,501 Shares of Apple Inc. (NASDAQ:AAPL)

Heritage Investors Management Corp decreased its holdings in shares of Apple Inc. (NASDAQ:AAPL) by 3.4% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 244,454 shares of the iPhone maker’s stock after selling 8,501 shares during the quarter. Apple makes up […]

Mengis Capital Management Inc. Sells 204 Shares of Apple Inc. (NASDAQ:AAPL)

Mengis Capital Management Inc. trimmed its stake in Apple Inc. (NASDAQ:AAPL) by 0.3% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 77,222 shares of the iPhone maker’s stock after selling 204 shares during the period. Apple comprises about 6.7% of Mengis Capital […]

Apple Inc. (NASDAQ:AAPL) Shares Sold by Buckingham Capital Management Inc.

Buckingham Capital Management Inc. reduced its stake in shares of Apple Inc. (NASDAQ:AAPL) by 21.6% in the 1st quarter, HoldingsChannel reports. The firm owned 50,973 shares of the iPhone maker’s stock after selling 14,018 shares during the quarter. Apple makes up 3.3% of Buckingham Capital Management Inc.’s portfolio, making the stock its 5th largest position. […]

Apple Inc. (NASDAQ:AAPL) Shares Acquired by Noesis Capital Mangement Corp

Noesis Capital Mangement Corp lifted its position in shares of Apple Inc. (NASDAQ:AAPL) by 3.9% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 14,412 shares of the iPhone maker’s stock after buying an additional 541 shares during the period. Apple […]

Apple Inc. (NASDAQ:AAPL) Shares Bought by FineMark National Bank & Trust

FineMark National Bank & Trust grew its stake in shares of Apple Inc. (NASDAQ:AAPL) by 3.2% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 211,873 shares of the iPhone maker’s stock after acquiring an additional 6,583 shares during the period. […]

Kathmere Capital Management LLC Purchases 3,849 Shares of Apple Inc. (NASDAQ:AAPL)

Kathmere Capital Management LLC increased its position in Apple Inc. (NASDAQ:AAPL) by 68.0% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 9,509 shares of the iPhone maker’s stock after buying an additional 3,849 shares during the quarter. Apple accounts for 0.9% of […]

Coronavirus sinks US consumer spending; savings hit record high

U.S. consumers cut spending by the most on record for the second straight month in April while boosting savings to an all-time high, and the ...

Coronavirus sinks U.S. consumer spending; savings hit record high

WASHINGTON (Reuters) - U.S. consumers cut spending by the most on record for the second straight month in April while boosting savings to an all-time high, and the growing frugality reinforced expectations the economy could take years to recover from the COVID-19 pandemic.

Virus sends consumer spending down 13.6% in April

U.S. consumer spending plunged by a record-shattering 13.6% in April as the pandemic shuttered businesses, forced millions of layoffs and sent the economy into deep recession.

Coronavirus depresses US consumer spending in April

WASHINGTON, May 29 — US consumer spending suffered another month of record decline in April as the Covid-19 pandemic undercut demand, buttressing expectations that the economy could contract in the second quarter at its steepest pace since the Great Depression. The Commerce Department said today...

Coronavirus depresses U.S. consumer spending in April

WASHINGTON (Reuters) - U.S. consumer spending suffered another month of record decline in April as the COVID-19 pandemic undercut demand, buttressing expectations that the economy could contract in the second quarter at its steepest pace since the Great Depression.

Coronavirus depresses U.S. consumer spending in April

U.S. consumer spending suffered another month of record decline in April as the COVID-19 pandemic undercut demand, buttressing expectations that the economy could contract in the second quarter at its steepest pace since the Great Depression. The Commerce Department said on Friday consumer spending,

Blackstone Group Inc. (BX) CEO Steve Schwarzman Presents at Bernstein's 36th Annual Strategic Decisions Conference (Transcript)

Blackstone Group Inc. (NYSE:BX) Bernstein’s 36th Annual Strategic Decisions Conference May 27, 2020 1:30 PM ET Company Participants Steve Schwarzman - Chairman

Citigroup Inc. (C) CEO Mike Corbat Presents at Bernstein's 36th Annual Strategic Decisions Conference (Transcript)

Citigroup Inc. (NYSE:C.PK) Bernstein's 36th Annual Strategic Decisions Conference May 29, 2020 10:00 AM ET Company Participants Mike Corbat - Chief Executive Of

Medtronic plc (MDT) CEO Geoff Martha presents at Bernstein 36th Annual Strategic Decisions Conference (Transcript)

Medtronic plc (NYSE:MDT) Bernstein 36th Annual Strategic Decisions Conference May 29, 2020 09:00 AM ET Company Participants Geoff Martha - Chief Executive Offic

General Electric (GE) Presents at Bernstein 36th Annual Strategic Decisions Virtual Conference (Transcript)

General Electric Company (NYSE:GE) Bernstein 36th Annual Strategic Decisions Virtual Conference Call May 28, 2020 10:00 A.M. ET Company Participants Larry Culp

Tapestry's (TPR) CEO Jide Zeitlin Presents at Bernstein Strategic Decisions Conference (Transcript)

Tapestry, Inc. (NYSE:TPR) Bernstein Strategic Decisions Conference May 28, 2020 4:00 PM ET Company Participants Jide Zeitlin – Chairman and Chief Executive Offi

U.S. Bancorp (USB) CEO Andy Cecere Presents at Bernstein Strategic Decisions Conference (Transcript)

U.S. Bancorp (NYSE:USB) Bernstein Strategic Decisions Conference May 28, 2020 1:00 PM ET Company Participants Andy Cecere - Chief Executive Officer Terry Dolan

VVIP choppers case: ED attaches Rs 385 crore asset of middleman Rajiv Saxena

The ED had contended before the HC that Saxena withheld information very strategically and has not disclosed full and true facts which were within his knowledge, relating to the commission of the offence. The matter is expected to be heard next on June 3.

ED attaches Rs 385 crore assets of Agusta middleman Rajiv Saxena

The Enforcement Directorate on Friday said it has attached assets, including five Swiss bank accounts, worth Rs 385.44 crore of Rajiv Saxena, a middleman in the AgustaWestland VVIP choppers money

ED attaches Rs 385-cr asset of VVIP choppers case middleman Rajiv Saxena

It said the value of the properties attached is USD 50.90 million (Rs 385.44 crore) and a provisional order under the Prevention of Money Laundering Act (PMLA) has been issued.

ED attaches Rs 385-cr asset of VVIP choppers case middleman Rajiv Saxena

It said the value of the properties attached is $50.90 million (Rs 385.44 crore) and a provisional order under the Prevention of Money Laundering Act (PMLA) has been issued

ED attaches `385-cr assets of Agusta middleman Rajiv Saxena

PTI New Delhi The Enforcement Directorate (ED) on Friday said it has attached assets, including five Swiss bank accounts, worth Rs 385.44 crore of Rajiv S

AgustaWestland case: ED attaches assets worth ₹385 cr of middleman Rajiv Saxena

An ED official said the attached assets includes villa in Palm Jumeirah, Dubai worth 20 million AED and balances in five Swiss bank accounts amounting to $45.55 million of Saxena

Fiscal deficit widens to 4.6% of GDP in FY20

This was the highest level of deficit for the Centre since FY13.

Fiscal deficit widens to 4.6% of GDP in 2019-20

The deficit, which signifies the gap between government revenue and expenditure, is higher than the revised estimate of 3.8 per cent for the fiscal.

Fiscal deficit widens to 4.6% of GDP in 2019-20, higher than revised estimates of 3.8%

The country's fiscal deficit widened to 4.6 percent of the Gross Domestic Product in 2019-20 mainly on account of poor revenue realisation, according to official data

Fiscal deficit widens to 4.6% of GDP in FY20 on poor revenue realisation

The deficit, which signifies the gap between government revenue and expenditure, is higher than the revised estimate of 3.8 per cent for the fiscal

Fiscal deficit widens to 4.6% of GDP in 2019-20

As per CGA data, the FY20 fiscal deficit worked out to be 4.59% of the GDP, while the revenue deficit was 3.27%.

FY20 fiscal deficit widens to 4.59% of GDP, higher than budget aim of 3.8%

This would mean that the government will have limited space to provide economic relief to businesses and individuals hit by coronavirus crisis.In absolute terms, total receipts of the government were ₹17.5 lakh crore against the estimate of ₹19.31 lakh crore

Atletico's Costa given court date to face tax fraud charge

Atletico Madrid forward Diego Costa is to face trial on June 4 for tax fraud in 2014, a court filing showed on Friday, with prosecutors asking the ...

Football: Atletico's Costa given court date to face tax fraud charge

Atletico Madrid forward Diego Costa is to face trial on June 4 for tax fraud in 2014, a court filing showed on Friday, with prosecutors asking the ...

Atletico's Costa given court date to face tax fraud charge

Atletico Madrid forward Diego Costa is to face trial on June 4 for tax fraud in 2014, a court filing showed on Friday, with prosecutors asking the Spain international to be handed a six-month jail sentence and a fine of 507,208 euros ($564,877).

Diego Costa: Atletico Madrid forward to face trial for alleged tax fraud

Diego Costa is set to face trial for alleged tax fraud on June 4, a week before Atletico Madrid resume their La Liga campaign.

Atletico’s Costa given court date to face tax fraud charge

MADRID, May 29 — Atletico Madrid forward Diego Costa is to face trial on June 4 for tax fraud in 2014, a court filing showed today, with prosecutors asking the Spain international to be handed a six-month jail sentence and a fine of €507,208 (RM2.5 million). According to the filing, Costa...

Atletico’s Diego Costa given court date to face tax fraud charge

Diego Costa defrauded the Spanish state of 1,014,416 euros during his 2014 transfer from Atletico to Chelsea in his tax return, as well as more than one million euros in image rights.

Magic Leap is looking for a new CEO as founder Rony Abovitz is stepping down

Abovitz said in a message on the company’s website that after securing “significant” new funding and pivoting to focus on delivering a spatial computing platform for enterprise clients, both he and the board agreed that a change in his role…

Magic Leap CEO to step down

Mixed reality headset manufacturer Magic Leap announced founder and CEO Rony Abovitz will leave his ...

Magic Leap CEO Rony Abovitz to Step Down After Company Fails to Deliver

Magic Leap CEO resignation comes weeks after company lays of 1,000 employees and warns of closure without capital injection.

Rony Abovitz confirms Magic Leap's new funding, will step down as CEO

Magic Leap has secured new funding to back its plan in building augmented reality tech for business use, but it will eventually move forward with a new CEO as Rony Abovitz is stepping down.

Magic Leap CEO Rony Abovitz to step down

Magic Leap is not yet naming a replacement.

Magic Leap CEO Rony Abovitz is stepping down

Magic Leap founder Rony Abovitz confirmed he has raised a new round of funding, and he also announced he will step down as CEO.

COVID-19 could cause USD 8.5 trillion loss in global output: UN Sec Gen

Nagaland Page is an English newspaper published from Dimapur, Nagaland.

Covid-19 may cause hunger, famine, $8.5 trn loss in global output: UN chief

Guterres told the high-level meeting that the UN is asking for immediate, collective action in six critically important areas to deal with the crisis

COVID-19 could cause $8.5 trillion loss in global output: UN Sec Gen

“Unless we act now, the COVID-19 pandemic will cause unimaginable devastation and suffering around the world. Hunger and famine of historic proportions. Sixty million more people pushed into extreme poverty. Up to half the global workforce – 1.6 billion people – without livelihoods,” Guterres said

Covid-19 could cause USD 8.5 Trillion Loss In Global Output: UN Sec Gen

UN chief Antonio Guterres has warned that the COVID-19 pandemic will cause unimaginable devastation, usher in hunger and famine of historic proportions and lead to a loss of USD 8.5 trillion in global output

Covid-19 could cause $8.5 trillion loss in global output: UN Secretary General

US News: UN chief Antonio Guterres has warned that the Covid-19 pandemic could cause unimaginable devastation, usher in hunger and famine of historic proportio

COVID-19 could cause $8.5 trillion loss in global output: UN chief Antonio Guterres

“We must avoid it. The pandemic has demonstrated our fragility. Despite all the technological and scientific advances of recent decades, we are in an unprecedented human crisis, because of a microscopic virus,” the UN Secretary General said on Thursday to the high-level event on Financing For Development.

Rupee rises 11 paise to 75.65 against US dollar in early trade

The rupee appreciated 11 paise to 75.65 against the US dollar in opening trade on Friday as foreign fund inflows and weak American currency boosted investor confidence. Forex traders said investors

Rupee settles 14 paise higher at 75.62 against US dollar

The rupee appreciated 14 paise to provisionally close at 75.62 against the US dollar on Friday as foreign fund inflows and weak American currency boosted investor confidence.

Rupee settles 14 paise higher at 75.62 against US dollar

The rupee appreciated 14 paise to provisionally close at 75.62 against the US dollar on Friday as foreign fund inflows and weak American currency boosted investor confidence. Forex traders said invest

Rupee rises 11 paise to 75.65 against US dollar in early trade

The rupee opened at 75.71 at the interbank forex market and then gained further to 75.65, up 11 paise over its last close.

Rupee rises 7 paise against the US dollar; all eyes on GDP data

“For the day, we expect volatility for the rupee to be confined to a narrow range of 75.40 and 76.20,” MOSL said.

Indian rupee settles 14 paise higher at 75.62 against US dollar

Forex traders said investors are awaiting the country's gross domestic product data for the January-March quarter, due later in the day, for further cues.

Businesses Must Start Paying Towards Furlough Scheme From August, Chancellor Rishi Sunak Says

Changes to the Coronavirus Job Retention Scheme will enable businesses to bring back staff part time from July and introduce a taper requiring firms to contribute to...

Businesses to start paying towards furlough costs in August

A final self-employment coronavirus grant is to be made available and businesses must start paying towards the worker furlough scheme from August, the British Government has announced.

Businesses told to start paying furlough bill from August

Chancellor Rishi Sunak unveiled plans for grants for freelancers of up to £6,570 which will also be available from that date.

Businesses told to start paying furlough bill from August

Chancellor Rishi Sunak unveiled plans for grants for freelancers of up to £6,570 which will also be available from that date.

Businesses told to start paying furlough bill from August

Chancellor Rishi Sunak unveiled plans for grants for freelancers of up to £6,570 which will also be available from that date.

India’s Test series can happen in as little as one venue depending on circumstances: CA

Nagaland Page is an English newspaper published from Dimapur, Nagaland.

India's Test series can happen in as little as one venue depending on circumstances: Cricket Australia

Cricket Australia has not ruled out the possibility of the COVID-19 pandemic forcing a change in the schedule for India's tour of the country with the board still keeping the door open for hosting

‘India’s Test series can happen in as little as one venue’: Cricket Australia

Cricket Australia on Thursday announced that India will play the Tests at Brisbane (December 3-7), Adelaide (December 11-15), Melbourne (December 26-30), and Sydney (January 3-7) respectively.

India's Test series can happen in as little as one venue depending on circumstances: Cricket Australia

Cricket Australia has not ruled out the possibility of the COVID-19 pandemic forcing a change in the schedule for India's tour of the country with the board still keeping the door open for hosting...

India's Test series can happen in as little as one venue depending on circumstances: Cricket Australia

Cricket News: Cricket Australia has not ruled out the possibility of the Covid-19 pandemic forcing a change in the schedule for India's tour with the board still ke

Swiss National Bank Has $3.19 Billion Holdings in Amazon.com, Inc. (NASDAQ:AMZN)

Swiss National Bank increased its position in Amazon.com, Inc. (NASDAQ:AMZN) by 23.4% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,635,551 shares of the e-commerce giant’s stock after acquiring an additional 309,700 shares during the period. Amazon.com comprises about 3.4% of Swiss National […]

Lucia Wealth Services LLC Has $521,000 Holdings in Amazon.com, Inc. (NASDAQ:AMZN)

Lucia Wealth Services LLC raised its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 25.9% during the 1st quarter, Holdings Channel.com reports. The institutional investor owned 267 shares of the e-commerce giant’s stock after acquiring an additional 55 shares during the quarter. Lucia Wealth Services LLC’s holdings in Amazon.com were worth $521,000 at the end of the […]

Citizens & Northern Corp Has $3.81 Million Stock Holdings in Amazon.com, Inc. (NASDAQ:AMZN)

Citizens & Northern Corp increased its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 4.2% in the 1st quarter, HoldingsChannel reports. The institutional investor owned 1,952 shares of the e-commerce giant’s stock after purchasing an additional 79 shares during the quarter. Amazon.com makes up approximately 2.4% of Citizens & Northern Corp’s investment portfolio, making the stock its […]

Moloney Securities Asset Management LLC Raises Stock Holdings in Amazon.com, Inc. (NASDAQ:AMZN)

Moloney Securities Asset Management LLC increased its position in Amazon.com, Inc. (NASDAQ:AMZN) by 46.1% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,879 shares of the e-commerce giant’s stock after acquiring an additional 593 shares during the period. Amazon.com makes up about […]

Amazon.com, Inc. (NASDAQ:AMZN) Holdings Raised by Quilter Plc

Quilter Plc lifted its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 0.7% during the first quarter, Holdings Channel.com reports. The fund owned 72,142 shares of the e-commerce giant’s stock after acquiring an additional 489 shares during the period. Amazon.com accounts for approximately 9.3% of Quilter Plc’s holdings, making the stock its biggest holding. Quilter […]

Vodafone Idea stock jumps 35% on report of possible stake sale to Google

Analysts, however, say a 5 per cent sale will not help much given the cash burn and rising debt

Vodafone Idea issues clarification on reports of Google picking stake in company

Reacting to the reports of tech giant Google eyeing a 5 per cent stake in the company, Vodafone Idea on Friday clarified that there is no proposal before

Voda Idea jumps 35% on reports Google eyeing 5% stake in telco

For a 5 per cent stake, Google will have to shell out $110 million.

Vodafone Idea share price zooms 35% on report Google eyeing stake in telco

Share price of Vodafone Idea gained 35% to Rs 7.85 compared to the previous close of Rs 5.82 on BSE

Vodafone Idea surges 35% on report Google eyeing 5% stake, trims gain later

The stock has been more-than-doubled from Rs 3.04 on April 1, as compared to a 13.4 per cent rise in the S&P BSE Sensex during the same period.

Vodafone Idea dismisses report of Google buying stake

"Currently, there is no proposal as reported by the media that is being considered at the Board," Vodafone Idea said

Google may pick 5% stake in Vodafone Idea

Google is considering acquiring a stake in Vodafone Group Plc’s struggling Indian business, the Financial Times reported, joining Facebook in investing in the world’s fastest-growing mobile arena. Google may take a stake of about 5% in Vodafone Idea, though the deliberations are at a very early stage, the FT cited people familiar with the matter as saying.

Google mulls Vodafone Idea stake acquisition - report

Google plans to invest in Indian operator Vodafone India. The US giant seeks to acquire a 5 percent stake in Vodafone Idea, Financial Times reports, citing unnamed sources familiar with the matter. No financial details related to the planned transaction have been disclosed. 

Google considering taking stake in Vodafone Idea: Report

A deal with Google could be a lifeline for Vodafone Idea, which owes as much as Rs 54,000 crore in adjusted gross revenue dues to the government.

Google could pick up stake in Vodafone Idea

A report in the Financial Times says Alphabet, Google’s parent company, is looking to buy 5 per cent stake in Vodafone's India business.

Travel disruptions, cost-cutting key issues for US business in China: Report

Global travel disruptions are the top concern for American businesses in China, of which many are cutting compensation and bonuses amid the ...

Travel disruptions, cost cutting key issues for US business in China: report

Global travel disruptions are the top concern for American businesses in China, of which many are cutting compensation and bonuses amid the ...

Travel disruptions, cost cutting key issues for U.S. business in China: report

BEIJING (Reuters) - Global travel disruptions are the top concern for American businesses in China, of which many are cutting compensation and bonuses amid the fallout of the COVID-19 epidemic, according to a report from a business group.

Travel disruptions, cost cutting key issues for US business in China, says report

BEIJING, May 29 ― Global travel disruptions are the top concern for American businesses in China, of which many are cutting compensation and bonuses amid the fallout of the Covid-19 epidemic, according to a report from a business group. Ninety per cent of the 100 or so respondents said they were...

Travel disruptions, cost cutting key issues for U.S. business in China

Ninety percent of the 100 or so respondents said they were affected by such disruptions, up from 77% last month, according to a monthly survey on the impact of COVID-19 by the American Chamber of Commerce in China, released Friday.

Oil surges 88% in May, posting its best month on record

WTI crude oil spiked 88% in May, notching its best monthly performance gain on record, according to data from Bloomberg. The surge in oil prices...

Crude has best month on record in May as prices surge 88 per cent

TORONTO — Canada's main stock index ended a strong May a little weaker while crude oil prices enjoyed their best ever month, surging 88 per cent. The S&P/TSX composite index closed down 69.90 points at 15,192.83.

The close: TSX ends lower, crude has best month on record

U.S. stocks finish mostly higher as investors take in latest Trump news

Crude has best month on record in May as prices surge 88 per cent

Canada's oil patch has little to celebrate even though crude oil prices concluded their best ever month.

Forex reserves soar to lifetime high of $490 billion, shows RBI data

In the previous week, the reserves had increased by $1.726 billion to $487.04 billion.

Forex reserves soar to record high of $490.04 billion

The country's foreign exchange reserves swelled by USD 3.005 billion to a lifetime high of USD 490.044 billion in the week to May 22, mainly on account of a rise in foreign currency assets, RBI data

Foreign Exchange Reserves Soar To Record High Of $490.04 Billion

The country's foreign exchange reserves swelled by $3.005 billion to a lifetime high of $490.044 billion in the week to May 22.

India's forex reserves soar to record high of $490.04 billion

Foreign currency assets (FCA), a major component of the overall reserves, increased by $3.035 billion to $451.706 billion in the reporting week, Reserve Bank of India (RBI) data showed.

TJ Maxx, Marshalls, HomeGoods to reopen all stores in next month

TJX Companies temporarily closed its 4,400 locations on March 19 and began to reopen them on May 2.

TJ Maxx, Marshalls, HomeGoods to reopen all stores in next month

TJX Companies temporarily closed its 4,400 locations on March 19 and began to reopen them on May 2.

TJ Maxx, Marshalls, HomeGoods expect to reopen end of June

There is more progress on the road to reopening for T.J. Maxx, Marshalls, and HomeGoods.

TJ Maxx, Marshalls, HomeGoods expect to reopen end of June

TJX Companies, the stores' parent company, says it expects most of its stores to open by the end of June.

Real Madrid beat Manchester United as most valuable European football club

Real Madrid have been named as the most valuable European football side by consultancy firm KPMG in which they beat competition from English side Man United.

Real Madrid, Manchester United continue to be the most valuable European clubs: KPMG study

KPMG report evaluates Real Madrid to have made a 7.9 per cent year-on-year change while going up € 254 million in comparison to 2019. The report pegged Real's dominance on increased commercial revenue and three straight Champions League titles.

Real and Man United remain football's most valuable clubs

Barcelona jumped past Bayern Munich into third place at €3.193 billion.

Real Madrid and Manchester United remain football's most valuable, says KPMG

Football News: Real Madrid and Manchester United remain the two most valuable football clubs in Europe, according to a report released on Thursday by accountancy fir

Amazon.com, Inc. (NASDAQ:AMZN) Stock Position Increased by Mogy Joel R Investment Counsel Inc.

Mogy Joel R Investment Counsel Inc. increased its position in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 0.1% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 17,475 shares of the e-commerce giant’s stock after buying an additional 24 shares during the quarter. Amazon.com comprises […]

Aberdeen Wealth Management LLC Increases Position in Amazon.com, Inc. (NASDAQ:AMZN)

Aberdeen Wealth Management LLC grew its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 5.3% in the first quarter, according to its most recent disclosure with the SEC. The fund owned 257 shares of the e-commerce giant’s stock after buying an additional 13 shares during the period. Aberdeen Wealth Management LLC’s holdings in Amazon.com were worth $501,000 […]

Barber Financial Group Inc. Increases Position in Amazon.com, Inc. (NASDAQ:AMZN)

Barber Financial Group Inc. grew its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 17.5% in the first quarter, according to its most recent disclosure with the SEC. The fund owned 322 shares of the e-commerce giant’s stock after buying an additional 48 shares during the period. Barber Financial Group Inc.’s holdings in Amazon.com were worth $627,000 […]

Fuller & Thaler Asset Management Inc. Increases Position in Apple Inc. (NASDAQ:AAPL)

Fuller & Thaler Asset Management Inc. grew its stake in Apple Inc. (NASDAQ:AAPL) by 28.5% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 26,300 shares of the iPhone maker’s stock after acquiring an additional 5,827 shares during the quarter. Fuller & Thaler Asset […]

GDP growth slows to a 11-year low of 4.2%, Q4 slumps to 3.1%

In 2019-20, the Indian economy grew by 4.2% against 6.1% expansion in 2018-19.

GDP growth in 2019-20 slows to 11-year low of 4.2%, Jan-Mar growth dips to 3.1%

In 2019-20, the Indian economy grew by 4.2% against 6.1% growth rate in 2018-19.

India GDP growth slows to 3.1% in Q4, stands at 11-year low of 4.2% in FY20

The second Advance Estimates, released on February 28, had projected the FY20 growth rate at 5 per cent

Top headlines: GDP growth slips to 3.1% in Q4FY20; 4.2% in 2019-20

Business Standard brings to you the top headlines of the day

Commerce Bank Buys 1,732 Shares of CarMax, Inc (NYSE:KMX)

Commerce Bank increased its stake in shares of CarMax, Inc (NYSE:KMX) by 34.5% during the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 6,757 shares of the company’s stock after purchasing an additional 1,732 shares during the quarter. Commerce Bank’s holdings in CarMax were worth $363,000 […]

Commerce Bank Buys 847 Shares of Bank of Montreal (NYSE:BMO)

Commerce Bank increased its stake in Bank of Montreal (NYSE:BMO) (TSE:BMO) by 14.0% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 6,903 shares of the bank’s stock after purchasing an additional 847 shares during the period. Commerce Bank’s holdings in Bank […]

Commerce Bank Buys 2,565 Shares of PolyOne Co. (NYSE:POL)

Commerce Bank raised its stake in shares of PolyOne Co. (NYSE:POL) by 15.7% during the 1st quarter, according to the company in its most recent filing with the SEC. The firm owned 18,900 shares of the specialty chemicals company’s stock after purchasing an additional 2,565 shares during the quarter. Commerce Bank’s holdings in PolyOne were […]

Kohl’s Co. (NYSE:KSS) Shares Sold by Commerce Bank

Commerce Bank reduced its holdings in shares of Kohl’s Co. (NYSE:KSS) by 87.4% during the 1st quarter, HoldingsChannel reports. The institutional investor owned 23,175 shares of the company’s stock after selling 160,673 shares during the quarter. Commerce Bank’s holdings in Kohl’s were worth $338,000 as of its most recent SEC filing. A number of other […]

Thierry Delaporte, the first foreign CEO of Wipro, is no stranger to Indian IT

Delaporte, who joined Capgemini in 1995, through its acquisition of Sogeti, started with auditing. Soon, he led the finance operations for the company across regions outside of Europe. He moved to sales and later led Capgeminis Global Financial Services Strategic Business Unit before moving on to head the companys Latin American operations.

India's Wipro names new CEO; Thierry Delaporte to take over July 6

Thierry Delaporte to join from Capgemini and will be based in Paris

Indian IT to get first non-Indian CEO in Wipro’s Thierry Delaporte

Thierry Delaporte, who will take over as CEO and MD on July 6 replacing incumbent Abidali Neemuchwala, is chairman Rishad Premjis choice to steer Wipro from a decade-long streak of below-par growth that has lagged peers. Rishad took over as Chairman of Wipro from his father Azim Premji last July.

Indian IT firm Wipro names Thierry Delaporte as CEO

BENGALURU — India’s Wipro Ltd on Friday named Thierry Delaporte as chief executive officer and managing director of the company, effective July 6, 2020.

VW spending $2.2B to expand in China's electric car market

Volkswagen is spending 2 billion euros (US$2.2 billion) to expand its presence in China's electric car industry in the biggest foreign investment announced since the country's economy began to reopen following the coronavirus pandemic.

VW spending $2.2B to expand in China's electric car market

Volkswagen is spending 2 billion euros ($2.2 billion) to expand its presence in China's electric car industry in the biggest foreign investment announced since the country's economy began to reopen following ...

VW spending $2.2B to expand in China's electric car market

BEIJING — Volkswagen is spending 2 billion euros ($2.2 billion) to expand its presence in China’s electric car industry in the biggest foreign investment announced since the country’s economy began to reopen following the coronavirus pandemic.

Volkswagen spending $2.2 billion to expand in China’s electric car market

Volkswagen is spending 2 billion euros ($2.2 billion) to expand its presence in China's electric car industry in the biggest foreign investment announced since the country's economy began to reopen following the coronavirus pandemic.

India, US could strike a 'smaller' trade deal in the coming weeks: Indian envoy

India and the US could strike a “smaller” trade deal in the coming weeks, India's ambassador Taranjit Singh Sandhu has said while acknowledging that the unprecedented challenges posed by the COVID-19

India, US could strike a 'smaller' trade deal in coming weeks: Indian envoy

The two countries have been negotiating a trade package to iron out certain issues and further boost two-way commerce

India, US could strike a 'smaller' trade deal in the coming weeks: Indian envoy

The two countries have been negotiating a trade package to iron out issues and boost two-way commerce.

India, US could strike a 'smaller' trade deal in the coming weeks: Indian envoy

Addressing the virtual West Coast Summit of US-India Strategic Partnership Forum (USISPF), Sandhu said that India's supply of antimalarial drug hydroxychloroquine (HCQ) to the US has given the two countries enough confidence and have played an important foundation.

Fashion retailer PAS group goes into voluntary administration

Australia's retail climate has claimed another scalp with the owner of fashion brands Review, Black Pepper and Yarra Trail sinking in to administration.

Fears for several fashion stores after PAS Group enters voluntary administration

PAS Group, which owns a number of big name fashion brands including Review and Jets Swimwear, has entered voluntary administration. The company announced the news in a release to the ASX on Friday…

Australian clothing retailer PAS Group enters voluntary administration

Australian clothing retailer PAS Group Ltd on Friday said it had entered voluntary administration to review its operations, citing the tough financial market conditions and the crisis caused by the coronavirus pandemic.

Fashion retailer PAS Group goes into administration

The company behind names like Review and JETS Swimwear has hoisted the white flag leaving 225 stores and 1300 staff in limbo.

Tokyo stocks open lower on US-China tension

Tokyo stocks opened lower on Friday, tracking falls on Wall Street on rising tensions between the US and China.

European stocks fall on rising U.S.-China tensions

European stocks fell Friday, with investors ahead of a press conference by President Donald Trump over China, amid rising tensions between the countries,...

Tokyo stocks close lower on US-China tension

TOKYO, May 29 ― Tokyo stocks closed lower today, snapping a four-day winning streak, with investor sentiment dampened by rising US-China tensions over Hong Kong. The Nikkei 225 index slipped 0.18 per cent, or 38.42 points, at 21,877.89. Over the week, the key index rose 7.31 per cent. The broader...

Tokyo stocks open lower on US-China tension

TOKYO, May 29 ― Tokyo stocks opened lower today, tracking falls on Wall Street on rising tensions between the US and China. The benchmark Nikkei 225 index was down 0.56 per cent or 123.03 points at 21,793.28 in early trade, while the broader Topix index slipped 0.65 per cent or 10.20 points to...

Starling Bank boosts its support for small and medium-sized businesses

Starling Bank is continuing to beef up its B2B banking and payments services following a fresh round of investment.

Starling Bank raises £40 million as SME banking business picks up

Starling bank has raised a further £40 million from existing investors JTC and Merian Chrysalis Investment Company, bringing the total raised this year to £100 million.

Starling Bank raises £40m as it lends to virus-hit small businesses

Starling Bank has raised £40 million from investors as small businesses turn to lenders for support during the coronavirus crisis.

UK challenger bank Starling Bank raises €44.3 million to support small businesses

Today UK challenger bank Starling Bank has raised approximately €44.3 million in a funding round led by JTC and Merian Chrysalis Investment Company Limited. The investment follows an approximate €66.5 million investment in February 2020, bringing the total raised by Starling in 2020 to around €110 m

Explainer: How important is Hong Kong to China as a free finance hub?

Hong Kong is one of the world's most open economies and one of the biggest channels for equity and debt financing

How important is Hong Kong to China as a free finance hub?

While China has reformed its markets over the years, over 60% of foreign direct investment (FDI) into and out of China continued to be channeled through Hong Kong as of 2018, according to Morgan Stanley.

How important is Hong Kong to China as a free finance hub?

China still has extensive capital controls and often intervenes in its financial markets and banking system. Hong Kong is one of the world's most open economies and one of the biggest channels for equity and debt financing.

Explainer: How important is Hong Kong to China as a free finance hub?

Explainer: How important is Hong Kong to China as a free finance hub?

Buy Coal India; target of Rs 264: ICICI Securities

ICICI Securities is bullish on Coal India has recommended buy rating on the stock with a target price of Rs 264 in its research report dated May 29, 2020.

Buy Sun Pharmaceutical Industries; target of Rs 540: ICICI Direct

ICICI Direct is bullish on Sun Pharmaceutical Industries has recommended buy rating on the stock with a target price of Rs 540 in its research report dated May 28, 2020.

Buy Tube Investments of India; target of Rs 425: ICICI Direct

ICICI Direct is bullish on Tube Investments of India has recommended buy rating on the stock with a target price of Rs 425 in its research report dated May 29, 2020.

Buy TVS Motor Company; target of Rs 422: ICICI Securities

ICICI Securities is bullish on TVS Motor Company has recommended buy rating on the stock with a target price of Rs 422 in its research report dated May 29, 2020.

Stick or twist? Investors in virus-induced property dilemma

LONDON: The coronavirus pandemic has emptied offices and shuttered shops but filled warehouses and highlighted demand for work-from-home spaces, leaving investors wondering if they should flee real estate or double down on their bets. Property has long been a staple of a balanced investment portfolio, favored by pension funds and insurers seeking assets that combine capital

Stick or twist? Investors face coronavirus-induced property dilemma

LONDON (Reuters) - The coronavirus pandemic has emptied offices and shuttered shops but filled warehouses and highlighted demand for work-from-home spaces, leaving investors wondering if they should flee real estate or double down on their bets.

Stick or twist? Investors face coronavirus-induced property dilemma

Property has long been a staple of a balanced investment portfolio, favoured by pension funds and insurers seeking assets that combine capital value growth offered by stocks with secure income akin to bonds.

Markets buck global trend, march higher for third day

On Friday, the benchmark Nifty was up by 90.20 points or 0.95% to close at 9,580.3. The 30 share index Sensex was up by 223.51 or 0.69% to close at 32,424.1.

Markets march higher for third day in a row

Equity benchmarks finished in the green for the third session on the trot on Friday as investors scooped up FMCG, finance and banking stocks despite negative overseas cues and rising Covid-19 cases

Markets march higher for third day; post weekly gains

India Business News: Equity benchmarks finished in the green for the third session on the trot on Friday as investors scooped up FMCG, finance and banking stocks despite n

Petrol and diesel to be costlier

JAMMU, May 29: Government today increased the rate of tax on sale of petrol and diesel in J&K by Rs. 2 per litre and Rs 1 per litre respectively. The new rates will be effective from June 1, 2020. The tax increase on petrol and diesel in J&K follows a similar move by the neighbouring states of Punjab, Haryana and Delhi last month. Himachal Pradesh has also enhanced rates on the sale of diesel and petrol effective from 1st June 2020. A notification issued by FC Finance Department in this regard reads “In exercise of the powers conferred by Section 3 and 3 A of the Jammu and Kashmir Motor Spirit and Diesel Oil (Taxation of Sale) Act Samvat 2005 and in supersession of all the previous notifications on the subject, the Government hereby direct that tax and surcharge on sale of Motor Spirit (Petrol) and Diesel Oil shall be levied at the rate of 24% minus Rs 0.50/ litre and Rs 5 per Litre surcharge (Motor Spirit-Petrol) and 16% rate of Tax and Surcharge of Rs. 1.5 per litre (Diesel Oil), respectively.

Petrol and diesel to be costlier by Rs.2 per litre and Rs.1 per litre in JK

The Rising Kashmir provides the most comprehensive coverage news, breaking news,videos, information on Kashmir, politics, cricket and more.

Petrol and diesel to be costlier by Rs. 2 per litre and Rs. 1 per litre in J&K

Government today increased the rate of tax on sale of petrol and diesel in J&K by Rs. 2 per litre and Rs 1 per litre respectively. The new rates will

Tata vs Mistry: SC to hear Cyrus Mistry’s plea for Tata Sons board seat

Mistry wants the SP group firms - Cyrus Investment Pvt Ltd and Sterling Investment Corporation - should be given proportionate representation on the Tata Sons board and all its committees, which allegedly was denied to his family group.

Tata-Mistry battle: Supreme Court to hear Cyrus Mistry's plea for Tata Sons board position

The apex court's final order in the matter will be important as the dispute has now boiled down to two key issues --a board position for the minority shareholder Shapoorji Pallonji group and turning back Tata Sons into a public limited company from private

Relief for Cyrus Mistry; SC agrees to hear plea on Pallonji Group’s representation on Tata Sons board

The plea seeks representation on Tata Group's board proportionate to 18.4 percent holding of Pallonji Group

Donald Trump says US 'terminating' relationship with WHO

As the COVID-19 pandemic erupted, Trump accused the UN agency of being a 'puppet' of China and had already suspended funding in mid-April.

World needs answers from China: Trump says US 'terminating' relationship with WHO

As the COVID-19 pandemic erupted, Trump accused the UN agency of being a 'puppet' of China and had already suspended funding in mid-April.

Trump Says US Will Terminate Relationship With WHO Today

President Donald Trump announced Friday that the United States is will be cutting ties with the World Health Organization later today. From a report: "China has total control over the World Health Organization despite only paying $40 million per year compared to what the United States has been payin...

Chile, Peru secure credit lines from IMF amid pandemic

The IMF approved a two-year $24 billion credit line for Chile on Friday as the South American nation battles the growing impact of the coronavirus pandemic.

Chile, Peru secure credit lines from IMF amid pandemic

(UPDATED) The International Monetary Fund grants Chile a $24-billion credit line and Peru an $11-billion credit line, both for two years

Peru secures US$11b credit line from IMF

WASHINGTON, May 29 — Peru has secured a two-year, US$11 billion (RM48 billion) credit line from the IMF as the South American nation battles the growing impact of the coronavirus pandemic. The Flexible Credit Line, which the IMF announced late yesterday, is a renewable funding mechanism granted...

Impact of Coronavirus (COVID-19) Lockdown Economy Needs Support From PSBs, Says Union Bank Chief

The country’s economy, which has been hit by the COVID-19 outbreak, needs support from the public sector banks (PSBs) to … Impact of Coronavirus (COVID-19) Lockdown Economy Needs Support From PSBs, Says Union Bank Chief Read More »

Economy needs the support of PSBs, says Union Bank chief

The country’s economy, which has been hit by the Covid-19 outbreak, needs support from the public sector banks (PSBs) to boost credit growth, said an official on Friday. The number of PSBs has come d

Economy needs support from PSBs: Union Bank chief

Speaking at a webinar session organised by the BCCI, Rai said that there will be a shift of credit growth in favour of the PSBs, adding that depositors will expect an interest rate of 5.5 per cent.

Saudi Arabia moved US$40 billion in reserves to sovereign fund

The move comes as the world’s largest crude exporter faces exceptional fiscal pressure from a crash in global oil markets.

Saudi Arabia Moved $40 Billion in Reserves to Sovereign Fund

Saudi Arabia transferred 150 billion riyals ($40 billion) from its central bank to its sovereign wealth fund as it went on an investment spree seeking to take advantage of recent market turmoil.

Saudi Arabia says it provided $40 billion to PIF from foreign reserves

Saudi Arabia says it provided $40 billion to PIF from foreign reserves

OPEC delivers three quarters of record oil cut in May: survey

OPEC oil output hit the lowest in two decades in May as Saudi Arabia and other members started to deliver a record supply cut, a Reuters survey ...

OPEC delivers three quarters of record oil cut in May: Survey

OPEC oil output hit the lowest in two decades in May as Saudi Arabia and other members started to deliver a record supply cut, a Reuters survey ...

OPEC delivers three quarters of record oil cut in May: survey

LONDON (Reuters) - OPEC oil output hit the lowest in two decades in May as Saudi Arabia and other members started to deliver a record supply cut, a Reuters survey found, although Nigeria and Iraq are laggards in making their share of the reduction.

French mortality rate in May below previous years despite epidemic

French mortality rates between May 1 and 18 were six percent lower than for the same period last year and one percent below the rate seen over ...

French mortality rate in May below previous years despite epidemic

PARIS (Reuters) - Fewer people died in France in early May than in the same period in the two previous years following high excess death rates during the peak of the coronavirus epidemic in March-April, statistics agency INSEE said on Friday.

French mortality rate for first-half of May lower than in 2019 despite Covid-19

French mortality rates between May 1 and 18 were six percent lower than for the same period last year and one percent below the rate seen over that period in 2018, despite the coronavirus epidemic, s…

Students decry tuition hikes as COVID-19 pandemic increases financial strain

TORONTO - Some Canadian universities are raising tuition fees for the new school year much to the consternation of students, who argue their costs should be

Students decry tuition hikes as COVID-19 pandemic increases financial strain

Some Canadian universities are raising tuition fees for the new school year much to the consternation of students, who argue their costs should be going down, not up in light of the COVID-19 pandemic.

Students decry tuition hikes as COVID-19 pandemic increases financial strain

TORONTO — Some Canadian universities are raising tuition fees for the new school year much to the consternation of students, who argue their costs should be going down, not up in light of the COVID-19 pandemic.

No decision taken on setting up bad bank: Finance Minister official

The finance ministry on Friday said there is no decision taken on the proposal of setting up of a government-sponsored bad bank to help ease pressure on lenders with regard to non-performing assets

No decision taken on setting up bad bank: FinMin official

Last month, the government decided to put restriction on foreign direct investment (FDI) to clamp down on the investor from China to buy Indian companies cheap.

No decision taken on setting up bad bank: Finance Ministry official

Even the Economic Survey 2017 had proposed this idea, suggesting the creation of a bad bank called Public Sector Asset Rehabilitation Agency (PARA) to help tide over the problem of stressed assets.

Williams considers selling F1 team after £13m loss

Williams revealed that they are considering selling the Formula One team after a multi-million pound drop in the company's financial results.

Williams considers selling F1 team after £13 million loss

Williams revealed on Friday that they are considering selling the Formula One team after a multi-million pound drop in the company's financial ...

Formula One: Williams considering selling team after suffering over $15 million in losses

After posting a £12.9 million profit in 2018, Williams have responded to the blow by seeking new investment.

Samsung Exclusive Stores in India are Now Suraksha-Certified for COVID-19 Pandemic - Gizchina.com

Samsung has now undergone Suraksha training program for its Exclusive Stores in India. This means that all stores will follow safety and hygiene guidelines.

Samsung Exclusive Stores in India are now certified for safety by Suraksha

Every Samsung Exclusive Store in India is now Suraksha-certified to ensure consumer safety during the COVID-19 pandemic. Suraksha (meaning 'protection' in Hindi) is a public private initiative that a

Xiaomi and Samsung receive Suraksha certification in India; stores to reopen

As companies slowly look to resume operations with their stores, here’s what shopping in “the new normal” will be like.

Google Withdraws Offers To More Than 2,000 Contract Workers

More than 2,000 people who had signed employment agreements with Google as temp and contract workers have had their offers rescinded.

Google Leaves Thousands of Contractors Hanging as it Rescinds Promised Job Offers

Big tech companies haven’t been immune to the economic challenges of the global pandemic, but those hardships haven’t been borne equally. A New York Times report reveals that while Google has recently added some perks for full-time staff to make working from home easier, it’s also rescinded job offers for “several thousand” temporary and contract workers.

Google Rescinds Offers To Thousands of Contract Workers

Google, facing an advertising slump caused by the pandemic, has rescinded offers to several thousand people who had agreed to work at the company as temporary and contract workers. From a report: "We're slowing our pace of hiring and investment, and are not bringing on as many new starters as we had...

US consumer spending sinks by record 13.6% in face of virus

Even with employers cutting millions of jobs, personal incomes soared 10.5 per cent in April, reflecting billions of dollars in support through government payments in the form of unemployment aid and stimulus checks.

US consumer spending sinks by record 13.6% in face of virus

WASHINGTON — U.S. consumer spending plunged by a record-shattering 13.6% in April as the viral pandemic shuttered businesses, forced millions of layoffs and sent the economy into a deep recession.

US consumer spending sinks by record 13.6% in face of virus

WASHINGTON — U.S. consumer spending plunged by a record-shattering 13.6% in April as the viral pandemic shuttered businesses, forced millions of layoffs and sent the economy into a deep recession.

SC issues notice to Tata Sons on cross-appeal of Mistry group firm against NCLAT order

A bench of Justices A S Bopanna and Hrishikesh Roy in Friday's proceedings, held through video-conferencing, also issued notice on the cross-appeal of Cyrus Investment Pvt Ltd and tagged the plea with that of TSPL.

SC issues notice to Tata Sons on cross-appeal of Mistry group firm against NCLAT order

The top court had on January 10 granted relief to Tata group by staying the National Company Law Appellate Tribunal (NCLAT) order of December 18 last year, by which Mistry was restored as the executive chairman of the salt-to-software conglomerate.

SC issues notice to Tata Sons on cross-appeal of Mistry group firm against NCLAT order

The top court had on January 10 granted relief to Tata group by staying the National Company Law Appellate Tribunal (NCLAT) order of December 18 last year, by which Mistry was restored as the executive chairman of the salt-to-software conglomerate.

Twitter says CEO Dorsey informed in advance of decision to tag Trump tweet

Twitter CEO Jack Dorsey was informed in advance by the company's staff of a decision to tag a tweet by President Donald Trump as "glorifying ...

Twitter says CEO Dorsey informed in advance of decision to tag Trump tweet

(Reuters) - Twitter CEO Jack Dorsey was informed in advance by the company’s staff of a decision to tag a tweet by President Donald Trump as “glorifying violence”, a spokeswoman for the company said.

Twitter says CEO Jack Dorsey informed in advance of decision to tag Donald Trump tweet

"The decision was made jointly by teams within Twitter, and our CEO Jack Dorsey was informed of the plan before the Tweet was labelled," the spokeswoman said in an email.

Housing sector faces its worst ever crisis due to Covid-19

Credai chief says Central government should offer a two per cent interest subsidy on home loans

India’s housing sector facing its worst-ever crisis: CREDAI

IANS New Delhi Already reeling under liquidity concerns, low demand and high inventory levels, India’s housing sector is facing its biggest-ever crisis

Low demand, high inventory; housing sector facing its worst: CREDAI head

Shah said that interest subvention is the "need of the hour"

Modine Manufacturing Company 2020 Q4 - Results - Earnings Call Presentation

The following slide deck was published by Modine Manufacturing Company in conjunction with their 2020 Q4 earnings call.

Euroseas Ltd. 2020 Q1 - Results - Earnings Call Presentation

The following slide deck was published by Euroseas Ltd. in conjunction with their 2020 Q1 earnings call.

iMedia Brands, Inc. 2020 Q1 - Results - Earnings Call Presentation

The following slide deck was published by iMedia Brands, Inc. in conjunction with their 2020 Q1 earnings call.

Elon Musk earns performance-based Tesla payout worth $775M

Elon Musk is officially in the money. The Tesla CEO on Thursday became eligible to cash in on a controversial payday which could see him pocket more than $700 million. The electric automaker said in a

Tesla performance opens door to Elon Musk payday

Tesla has hit financial marks that let its colorful chief executive Elon Musk reap the first portion of a multi-billion dollar compensation package, the electric car maker said Thursday.

Tesla performance opens door to Elon Musk payday

NEW YORK, May 29 ― Tesla has hit financial marks that let its colourful chief executive Elon Musk reap the first portion of a multi-billion dollar compensation package, the electric car maker said yesterday. Musk has foregone a base salary in exchange for a shot at a fortune in deeply discounted...

SoftBank leads US$500 million fundraising for Didi's self-driving unit

China's Didi Chuxing said on Friday it had completed a fundraising round of over US$500 million for its autonomous driving subsidiary that was led ...

SoftBank leads $500 million fundraising for Didi's self-driving unit

BEIJING/SHANGHAI (Reuters) - China’s Didi Chuxing said on Friday it had completed a fundraising round of over $500 million for its autonomous driving subsidiary that was led by SoftBank Group’s (9984.T) Vision Fund 2.

SoftBank Leads $500 Million Funding for Didi Autonomous Unit

Didi Chuxing has scored more than $500 million of funding for its autonomous driving division in a round led by the SoftBank Vision Fund, the first external investment in the Chinese ride-hailing giant’s fledgling self-driving subsidiary.

Singapore top source of FDI in FY20 with investments worth $14.67 billion

In the last financial year, India attracted USD 14.67 billion in FDI from Singapore, whereas it was USD 8.24 billion from Mauritius, according to the data of the Department for Promotion of Industry and Internal Trade (DPIIT).

Singapore top FDI source for India in FY20 with $14.67 bn in investments

In the past two financial years, FDI from Singapore has surpassed that from Mauritius

Singapore top source of FDI in FY20 with investments worth $14.67 billion

According to experts, Singapore has been able to outpace Mauritius with its ease of doing business policies, simplified tax regime and a large number of private investors.

Dua Lipa calls for refugee charity donations as she kicks off 24-hour concert

One Humanity Live is raising money for a variety of charities.

Dua Lipa calls for refugee charity donations as she kicks off 24-hour concert

One Humanity Live is raising money for a variety of charities.

Dua Lipa calls for refugee charity donations as she kicks off 24-hour concert

One Humanity Live is raising money for a variety of charities.

Diane Dodds – Furlough changes incredibly difficult for some firms in NI

Around 200,000 people have taken part in an unprecedented official initiative to save jobs during the lockdown.

Diane Dodds – Furlough changes incredibly difficult for some firms in NI

Around 200,000 people have taken part in an unprecedented official initiative to save jobs during the lockdown.

Diane Dodds – Furlough changes incredibly difficult for some firms in NI

Around 200,000 people have taken part in an unprecedented official initiative to save jobs during the lockdown.

Integra Lifesciences Holdings Corp (NASDAQ:IART) Shares Sold by PNC Financial Services Group Inc.

PNC Financial Services Group Inc. trimmed its stake in shares of Integra Lifesciences Holdings Corp (NASDAQ:IART) by 4.8% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 26,604 shares of the life sciences company’s stock after selling 1,344 shares during […]

PNC Financial Services Group Inc. Buys 7,890 Shares of Elanco Animal Health (NYSE:ELAN)

PNC Financial Services Group Inc. boosted its stake in shares of Elanco Animal Health (NYSE:ELAN) by 18.5% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 50,550 shares of the company’s stock after acquiring an additional 7,890 shares during the quarter. PNC […]

Ashland Global Holdings Inc (NYSE:ASH) Shares Sold by PNC Financial Services Group Inc.

PNC Financial Services Group Inc. lowered its position in shares of Ashland Global Holdings Inc (NYSE:ASH) by 2.9% during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 22,970 shares of the basic materials company’s stock after selling 690 shares during the quarter. PNC Financial […]

Indians to skip border trade with China through Lipulekh pass this year

Officials said there has been no word so far from the Centre as well on border trade as the lockdown against coronavirus continues.

Coronavirus | Indians to skip border trade with China through Lipulekh pass this year

There has been no word so far from the Centre on the issue, say officials.

Indians to skip border trade with China through Lipulekh pass this year

Indian traders have decided not to do trade with China through Lipulekh pass this year as a precaution against COVID-19. They conveyed their unwillingness to participate in the annual exercise during a preparatory meeting. Officials said there has been no word so far from the Centre as well on border trade as the lockdown against coronavirus continues.

India GDP growth slows to 3.1% in Q4 as Covid-19 lockdown hits economy

In the services sector, growth in the hotels and financial services sectors fell to 2.6 per cent and 2.4 per cent in the fourth quarter

Amid coronavirus outbreak India’s GDP growth slows to 3.1% in Jan-March quarter of FY20

Covid-19 impact: India GDP growth slows to 3.1% in March quarter

Growth was 4.2% in the fiscal year through March 2020 as compared to 6.1% in FY19.The full impact of the lockdown on manufacturing and services will become more visible in the June quarter

Amazon in talks for new 750-worker Dublin office despite virus

Amazon is in talks to rent an office block in Dublin with space for about 750 workers.

Amazon in talks for new Dublin office even as virus hits

Amazon.com Inc. is in talks to rent an office block in Dublin with space for about 750 workers, according to a person familiar with the matter.

Amazon in talks for new office despite pandemic

Amazon.com Inc. is in talks to rent an office block in Dublin with space for about 750 workers, according to a person familiar with the matter.

Decision to open shops in malls soon after taking into account health ministry's guidelines

The decision to open shops in malls, will be taken soon, after taking into account the guidelines of the health ministry, the commerce and industry ministry said on Friday.

Decision to open shops in malls soon after taking into account health ministry's guidelines

"The decision to open the remaining shops in the malls, will be taken soon, after taking into account the guidelines of the health ministry," the ministry said in a statement.​

Decision to open shops in malls soon after taking into account health ministry's guidelines

Issues of retail traders were discussed in a meeting between Commerce and Industry Minister Piyush Goyal on Thursday with representatives of traders associations through video conferencing.

Williams set to sell Formula One team following financial losses

Williams are considering selling their Formula 1 team due to growing financial pressures.This mo...

Williams set to sell Formula One team

Williams is considering a sale of its once-dominant but now struggling Formula One team as part of a new strategic direction.

Williams set to sell Formula One team

Williams is considering a sale of its once-dominant but now struggling Formula One team as part of a new strategic direction.

Wipro appoints Thierry Delaporte as CEO and MD

Wipro has appointed Thierry Delaporte as the Chief Executive Officer and Managing Director of the company, effective July 6.Until recently, Thierry Delaporte was the Chief Operating Officer of Capgemi

Wipro appoints Thierry Delaporte as CEO & Managing Director

Wipro has appointed Thierry Delaporte as the Chief Executive Officer and Managing Director of the company, effective July 6 this year.Current CEO and MD Abidali Neemuchwala will relinquish his positio

Thierry Delaporte appointed as CEO and Managing Director of WIPRO

KEC International Q4 results: Net profit down 3% to Rs 193 crore

Revenue during the quarter declined to Rs 3,673.73 crore as against Rs 3,845.51 crore in the year-ago period.

KEC International Q4 profit down 3% to Rs 193 crore

The global engineering, procurement and construction (EPC) major had clocked a profit of Rs 198.76 crore in January-March 2018-19, it said in a filing to BSE.

Sagar Cements Q4 profit down 94% to Rs 1.18 crore

The Hyderabad-based company had posted a net profit of Rs 18.75 crore in January-March, 2018-19, Sagar Cements said in a BSE filing.

Starling Bank Raises £40 Million From Existing Investors, Total Raised for the Year Stands at £100 Million

Digital bank Starling bank has raised £40 million from existing investors according to a note from the Fintech. Starling said the funding was led by JTC and M

Starling Bank Scores Another £40 Million from Existing Investors

Starling Bank, a UK-based challenger bank, has raised £40 million (around $49.2 million) in the latest funding round from its existing investors.

Starling Bank lands £40m from existing backers

Starling Bank has raised an additional £40 million in funding from existing backers, adding to its £60 million raise in February, TechCrunch reports.

Jobless and broke, some foreign students stranded in Australia turn to handouts

MELBOURNE: Australia wooed hundreds of thousands of international students to its shores with the promise of a first-class education and ...

Jobless students stranded in Australia turn to handouts

MELBOURNE: Australia wooed hundreds of thousands of international students to its shores with the promise of a first-class education and ...

Jobless students stranded in Australia turn to handouts

MELBOURNE, May 31 — Australia wooed hundreds of thousands of international students to its shores with the promise of a first-class education and fun-kissed adventure, but the coronavirus crisis has left many jobless and depending on food handouts. Each day up to 100 students from Asia, Latin...

Sensex surges 224 points, Nifty reclaims 9,500-mark

Equity benchmark Sensex extended its gains further on Friday, surging 224 points while Nifty topped the 9,500-mark. 

Sensex surges 224 points; Nifty tops 9,550-mark

Extending its rising streak to the third session, equity benchmark Sensex jumped 224 points on Friday, driven by gains in HDFC, ITC and HUL despite weak cues from global markets. After gyrating 656.72

Sensex surges 224 pts; Nifty tops 9,550-mark

Extending its rising streak to the third session, equity benchmark Sensex jumped 224 points on Friday, driven by gains in HDFC, ITC and HUL despite weak cues from global markets.

EE’s 5G service reaches 80 locations on first anniversary since launch

The firm said 5G customers are mostly using it to watch more video, with YouTube the most popular app.

EE’s 5G service reaches 80 locations on first anniversary since launch

The firm said 5G customers are mostly using it to watch more video, with YouTube the most popular app.

EE's 5G service reaches 80 locations on first anniversary since launch

The firm said 5G customers are mostly using it to watch more video, with YouTube the most popular app.

EasyJet and Carnival poised to exit FTSE 100 as virus hammers travel firms

Avast, Homeserve, Ladbrokes owner GVC and Convatec have been earmarked as the most likely firms to move into the index.

EasyJet and Carnival poised to exit FTSE 100 as virus hammers travel firms

Avast, Homeserve, Ladbrokes owner GVC and Convatec have been earmarked as the most likely firms to move into the index.

EasyJet and Carnival poised to exit FTSE 100 as virus hammers travel firms

Avast, Homeserve, Ladbrokes owner GVC and Convatec have been earmarked as the most likely firms to move into the index.

Europe moves ahead with lockdown easing, but caution in Asia

Several European countries including France and Britain on Thursday moved to further lift crippling coronavirus lockdown measures, but fresh restrictions in parts of Asia signaled the crisis is far from over.

Europe moves ahead with lockdown easing, but caution in Asia

In a bit of happier news in Asia, a Bali zoo names a newborn giraffe after the virus

Europe moves ahead with lockdown easing, but caution in Asia

As much of the world grapples to find the path forward, with the deadly virus still spreading in some places and a vaccine at best a distant reality, Europe is slowly emerging from isolation.

Furlough latest - 3 announcements we're expecting from Chancellor Rishi Sunak today

On Friday, the Chancellor is expected to announce a raft of changes to the furlough scheme as the state subsidy is wound down for more than 8.4million workers

Chancellor Rishi Sunak to outline changes to furlough scheme

It comes after Boris Johnson announced a gradual easing of the lockdown in England.

Chancellor Rishi Sunak to outline changes to furlough scheme

It comes after Boris Johnson announced a gradual easing of the lockdown in England.

Young’s says it expects ‘lower sales’ when customers return to pubs

The London-based pub company said it will not pay shareholders a dividend for the past year.

Young’s says it expects ‘lower sales’ when customers return to pubs

The London-based pub company said it will not pay shareholders a dividend for the past year.

Young’s says it expects ‘lower sales’ when customers return to pubs

The London-based pub company said it will not pay shareholders a dividend for the past year.

Lupin Q4 net profit up 35% to Rs 390 cr on robust sales, lower tax expenses

In the current times, Lupin has been able to ensure business continuity while safeguarding the health and safety of its employees

Lupin Q4 results: Net profit rises 35% to Rs 390 crore

Consolidated income from operations of the company stood at Rs 3,791 crore for the quarter under consideration as against Rs 3,807.02 crore for the same period year ago.

Lupin’s Q4 net profit rises 35 per cent 

Pharma major Lupin Ltd has reported 34.5 per cent rise in its consolidated net profit to Rs 389.6 crore for the January to March quarter (Q4 FY20) as compared to Rs 289.5 crore in the corresponding period of previous fiscal.

Stocks slip as investors await Trump's Hong Kong response

LONDON — Global stock markets fell and safe havens such as bonds and the Japanese yen gained on Friday, as investors awaited Washington’s response to China tightening control over the city of Hong Kong.

Stocks slip as markets await Trump’s HK response

MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.3%. The Nikkei retreated from a three-month high and, though moves were slight, riskier currencies were under pressure against the US dollar.

Global stocks slip as markets await Trump's HK response

SINGAPORE, May 29 ― Asia's stock markets pulled back and major currencies were held in check today, as investors await the US response to China tightening control over the city of Hong Kong. China's parliament yesterday pressed ahead with national security legislation for the city, raising fears...

Atelier Villa | Art Villas Costa Rica / Formafatal

Completed in 2019 in Playa Hermosa, Costa Rica. Images by BoysPlayNice. Art Villas Costa Rica. Not far from Costa Rican town Uvita - there is a hidden small resort Art Villas on the jungle hill above the beach Playa...

Atelier Villa | Art Villas Costa Rica / Formafatal

Completed in 2019 in Playa Hermosa, Costa Rica. Images by BoysPlayNice. Art Villas Costa Rica. Not far from Costa Rican town Uvita - there is a hidden small resort Art Villas on the jungle hill above the beach Playa...

Atelier Villa | Art Villas Costa Rica / Formafatal

Completed in 2019 in Playa Hermosa, Costa Rica. Images by BoysPlayNice. Art Villas Costa Rica. Not far from Costa Rican town Uvita - there is a hidden small resort Art Villas on the jungle hill above the beach Playa...

US indicts North Koreans, Chinese over money laundering

WASHINGTON, DC: The US Justice Department indicted 28 North Koreans and five Chinese on Thursday (May 28), for operating a money laundering ring ...

US indicts N. Koreans, Chinese over US$2.5b network to dodge sanctions

WASHINGTON, May 29 — The US Justice Department indicted 28 North Koreans and five Chinese yesterday for operating a money laundering ring that moved billions of US dollars through global banks to avoid nuclear sanctions on Pyongyang. The network processed more than US$2.5 billion (RM10.9 billion)...

US indicts NKoreans, Chinese over $2.5 bn network to dodge sanctions

The US Justice Department indicted 28 North Koreans and five Chinese on Thursday for operating a money laundering ring that moved billions of dollars through global banks to avoid nuclear sanctions on Pyongyang.The network processed more than $2.

Sundaram Finance posts Rs 131 crore net profit for March quarter

For the full 2019-20, the company registered a net profit of Rs 723.95 crore.

IIFL Finance March Quarter profit plunges 81% to Rs 59 crore

The company, which is mainly engaged in financing and investment business, had logged a profit of Rs 305.89 crore in January-March, 2018-19.

Jubilant Life Sciences posts Rs 260.49 crore profit for March quarter

Consolidated revenue from operations stood at Rs 2,391.41 crore for the quarter under consideration as against Rs 2,385.58 crore for the same period year ago, it added.

Buy Kewal Kiran Clothing; target of Rs 820: ICICI Direct

ICICI Direct is bullish on Kewal Kiran Clothing has recommended buy rating on the stock with a target price of Rs 820 in its research report dated May 29, 2020.

Buy Radico Khaitan; target of Rs 400: ICICI Direct

ICICI Direct is bullish on Radico Khaitan has recommended buy rating on the stock with a target price of Rs 400 in its research report dated May 29, 2020.

Buy United Spirits; target of Rs 650: ICICI Direct

ICICI Direct is bullish on United Spirits has recommended buy rating on the stock with a target price of Rs 650 in its research report dated May 28, 2020.

Covid impact: Big tax shortfall raises Centre’s fiscal deficit to 4.6%

Spending kept at 99.5% of RE to support falling economy.

Tax shortfall drives fiscal deficit in FY20 to 4.6% against target of 3.8%

Gross tax collection for FY20 was Rs 20.09 lakh crore, against the revised estimate of Rs 21.63 lakh crore. What is more worrying is the fact that the gross tax collection is lower than the previous year's collection of Rs 20.8 lakh crore

Nigeria’s COVID-19 cases exceed 9,000 - Premium Times Nigeria

The number of confirmed cases of coronavirus in Nigeria exceeded 9,000 on Friday as 387 new infections were reported by the NCDC

Nigerian Navy redeploys 110 senior officers - Premium Times Nigeria

The Chief of Naval Staff, Vice Admiral Ibok-Ete Ibas, has approved new appointments of some senior officers in the Nigerian Navy.

Germany, Brussels seal pact on Lufthansa rescue plan, say sources

FRANKFURT, May 30 ― Germany and the European Commission have reached a pact on a giant Berlin-funded rescue plan for coronavirus-hit Lufthansa, a Commission spokeswoman and a source close to the negotiations said yesterday. Since the pandemic hit Europe, the Lufthansa group ― which also...

Germany, Brussels seal pact on Lufthansa rescue plan: sources

Germany and the European Commission have reached agreement on a giant Berlin-funded rescue plan for coronavirus-hit Lufthansa, a Commission spokeswoman and a source close to the negotiations said Friday.

Pier 1 Imports gets approval from a judge to liquidate its remaining stores

"This is not the outcome we hoped for when we began this process," the company's CEO said in a statement.

Pier 1 Imports gets approval from a judge to liquidate its remaining stores

"This is not the outcome we hoped for when we began this process," the company's CEO said in a statement.

Urban Renovation of Tianjin Tractor Factory / Archiland

Completed in 2018 in Tianjin, China. Images by Hui Zhang. As an old industrial base in Tianjin, the Tractor Factory of Tianjin made outstanding contribution to the industrial development of China in the...

Urban Renovation of Tianjin Tractor Factory / Archiland

Completed in 2018 in Tianjin, China. Images by Hui Zhang. As an old industrial base in Tianjin, the Tractor Factory of Tianjin made outstanding contribution to the industrial development of China in the...

Forbes Magazine Has Revoked Kylie Jenner’s Billionaire Status And Accused Her Of Lying

She's only worth a paltry $900 million.

Forbes Revokes Kylie Jenner’s Youngest Self-Made Billionaire Title—Says She Lied

The magazine cited alleged proof that Jenner faked it to make it.

Paytm moves HC claiming telecom companies not preventing phishing activity over their networks

One97 Communications Ltd, which runs the online payment platform Paytm, has moved the Delhi High Court alleging that telecom service providers are not blocking fraudsters who are defrauding its

Paytm moves Delhi HC claiming telcos not stopping 'phishing' over networks

It has further contended that under the statutory regime it is the telecom companies responsibility to prevent such fraud and deter the fraudsters through blocking and/or financial disincentives

Ratings: ABC Tops Another Thursday as 'Millionaire' Rises, 'Holey Moley' Stays Steady

#TGIT, are we right? ABC won another Thursday outright thanks to its lineup of "Who Wants to Be a Millionaire," "Holey Moley" and "To Tell the Truth"

TV Ratings: 'Millionaire,' ABC Game Shows Top Thursday

Fox's 'Labor of Love' builds a little on its soft premiere, and other originals are fairly steady.

Oil falls but remains set for biggest monthly gain in years

LONDON: Oil prices were dragged sharply lower on Friday by weak US fuel demand, fears of a second wave of coronavirus cases in South Korea and a worsening in US-China relations, but were still on track for a hefty monthly gain. July Brent crude fell 72 cents, or 2 percent, to $34.57 a barrel by midday in London. US West Texas Intermediate (WTI) crude was down 83 cents, or 2.5

Oil falls but set to post biggest monthly rise in years on output cuts

Brent crude slipped 43 cents, or 1.2%, to $34.86 a barrel by 0643 GMT and US West Texas Intermediate (WTI) crude was at $33.14 a barrel, down 57 cents, or 1.7%.

J&K Congress leader Soz’s wife moves SC against his house arrest

In her plea filed though advocate Sunil Fernandes, Mumtazunnisa Soz said she “has reasonable grounds for believing” that her husband “has been placed under house arrest in an unlawful and manifestly illegal exercise of powers...and in total disregard of the procedure established by law”.

Wife of JK Congress leader Soz moves SC against his house arrest

The Rising Kashmir provides the most comprehensive coverage news, breaking news,videos, information on Kashmir, politics, cricket and more.

AfDB Allegations: Former presidents of African countries rally support for Adesina

Mr Adesina is currently battling 16 allegations levelled against him by a group. He has maintained he is innocent.........

[ICYMI] Obasanjo writes former African presidents, rallies support for AfDB’s Adesina

Former President of Nigeria, Olusegun Obasanjo, has called on former African presidents to support President of AfDB, Dr Akinwumi Adesina,

Conmen create fake FB account of senior IPS officer

Followers lured with attractive investment plan

Scamsters create fake Facebook account of senior IPS officer in Tamil Nadu

This was an attempt to lure the officer’s followers into transferring money towards a fake finance scheme, police said

COVID-19: Trump 'cuts off' relationship with WHO - Premium Times Nigeria

President Donald Trump, on Friday, said the United States would be cutting off its relationship with the World Health Organisation (WHO).

COVID-19: AMCON seeks aviation sector bailout - Premium Times Nigeria

The Asset Management Corporation of Nigeria (AMCON) has asked the federal government to bailout the aviation sector...........

InterContinental Hotels (IHG) Investor Presentation - Slideshow

The following slide deck was published by InterContinental Hotels Group PLC in conjunction with this event.

Two Harbors Investment (TWO) Investor Presentation - Slideshow

The following slide deck was published by Two Harbors Investment Corp. in conjunction with this event.

Main Street’s Digital Shift, ATM Innovation, PPP Loans Top This Week’s News

The Weekender has deep dives on Main Street's digital shift, ATM innovation and PPP loans.

Main Street’s Pandemic-Led Shift To Digital Innovation

With the lockdown of the United States economy, SMBs faced the choice of finding digital ways to reach customers or run the risk of going out of business.

Most actively traded companies on the TSX

TORONTO — Some of the most active companies traded Friday on the Toronto Stock Exchange: Toronto Stock Exchange (15,192.83, down 69.90 points.) Bombardier Inc. (TSX:BBD.B). Industrials. Down 3.5 cents, or 7.29 per cent, to 44.

Most actively traded companies on the TSX

TORONTO — Some of the most active companies traded Friday on the Toronto Stock Exchange: Toronto Stock Exchange (15,192.83, down 69.90 points.) Bombardier Inc. (TSX:BBD.B). Industrials. Down 3.5 cents, or 7.29 per cent, to 44.5 cents on 122 million shares. B2Gold Corp. (TSX:BTO). Materials. Up 46 cents, or 6.45 per cent, to $7.59 on 72.6 million …

Here's what Facebook employees are saying about Zuckerberg's decision not to remove Trump's threats of violence

“If we fail the test case here, history will not judge us kindly.” Leaked internal Facebook posts reveal that Facebook employees are horrified that Mark Zuckerberg and C-suite executives refuse to …

Leaked posts show Facebook employees asking the company to remove Trump’s threat of violence

"If we fail the test case here, history will not judge us kindly," an employee says. The Facebook posts were cross-posted from Twitter, which took action against them.

Stocks rebound on relief at Trump's response to China over Hong Kong

NEW YORK (Reuters) - A gauge of global equities rebounded and crude oil rose on Friday after U.S. President Donald Trump ordered an end to Washington’s special treatment of Hong Kong, a move investors welcomed as unlikely to jeopardize a trade accord with China.

Rand, stocks drop with focus on US response to China over Hong Kong

The rand treaded water for most the session and but saw some selling late on after the trade balance for April swung to a large deficit as exports tumbled.

Agriculture, mining saved Indian economy in FY20; manufacturing bites

The farm sector is expected to perform well in FY21 as well.

Agriculture, mining saved Indian economy in FY20, can it sustain COVID-19 assault?

The impact of COVID-19 on Indian economy is yet to unravel; the 2019-20 GDP estimates, thus, hide more than they reveal on the state of economy in 2020-21

Trump administration to study ways to protect for U.S. investors from Chinese firms

WASHINGTON (Reuters) - The Trump administration will study ways to safeguard Americans from the risks of investing in Chinese companies, U.S. president Donald Trump said on Friday, ratcheting up pressure on the firms to comply with U.S. accounting and disclosure rules.

Trump administration to study ways to protect for U.S. investors from Chinese firms

WASHINGTON — The Trump administration will study ways to safeguard Americans from the risks of investing in Chinese companies, U.

Low Q4 growth telling commentary on economic mismanagement of BJP govt: Chidambaram

India's economic growth slowed to 3.1 per cent in January-March and to an 11-year low of 4.2 per cent for the full fiscal 2019-20 amid a drop in consumption and investment.

Low Q4 growth telling commentary on economic mismanagement of BJP govt: Chidambaram

India's economic growth slowed to 3.1 percent in January-March and to an 11-year low of 4.2 percent for the full fiscal 2019-20 amid a drop in consumption and investment.

Vodafone Idea shares zoom on Google stake buy reports

Telecom giant denies any such plans

Vodafone Idea shares up by 30% amid reports of Google investment

Renault plans to cut 14,600 jobs worldwide in race to reduce costs

The measures round off a decisive week for Renault and its Japanese partners Nissan Motor Co. and Mitsubishi Motors Corp., drawing a line under a two-decade era of aggressive expansion

Renault to cut 14,600 jobs worldwide and lower capacity

Cost reductions aimed at outlasting the downturn that has rocked the auto industry

Roadside House / K+S Architects

Completed in 2019 in Maebashi, Japan. Images by Hiroshi Ueda. The site is located in the local city developing gradually.It faces the 30-meter-wide main road, increasing in traffic.There are houses, apartments,...

Roadside House / K+S Architects

Completed in 2019 in Maebashi, Japan. Images by Hiroshi Ueda. The site is located in the local city developing gradually.It faces the 30-meter-wide main road, increasing in traffic.There are houses, apartments,...

IndiGo appoints Venkataramani Sumantran as independent director

Venkataramani Sumantran, the chairman and managing director of Chennai-based Celeris Technologies, has been appointed the independent director of IndiGo, the airline said on Friday. Sumantran will

IndiGo appoints Venkataramani Sumantran as independent director

India Business News: NEW DELHI: Venkataramani Sumantran, the chairman and managing director of Chennai-based Celeris Technologies, has been appointed the independent direc.

Wall Street Week Ahead: Investors eye consumer discretionary stocks as US reopens

Investors are taking a closer look at the market's consumer discretionary companies as a reopening U.S. economy fuels hopes of a turnaround for ...

Consumer discretionary stocks in the spotlight as U.S. economy reopens

A gradual lifting of lockdowns in some states has stirred hopes for a bounce back for the retailers that make up much of the sector

Bee Duck Restaurant / Hao Design

Completed in 2019 in Kaohsiung, Taiwan (ROC). Images by Hey!Cheese. The house in this case is a 40-year-old terrace house with a narrow and long pattern, and the internal is cut into many small pieces of space by many...

Bee Duck Restaurant / Hao Design

Completed in 2019 in Kaohsiung, Taiwan (ROC). Images by Hey!Cheese. The house in this case is a 40-year-old terrace house with a narrow and long pattern, and the internal is cut into many small pieces of space by many...

China's Kunlun says U.S approves sale of Grindr to investor group

By Echo Wang (Reuters) - Chinese gaming company Beijing Kunlun Tech Co Ltd said on Friday that a U.S. national security panel approved the $620 million sale of popular gay dating app Grindr to an investor group called San Vicente Acquisition LLC. The panel, the Committee on Foreign Investment in the United States (CFIUS), ordered Kunlun last year to divest Grindr amid concerns regarding the safety of the personal data it handles, such as users' private messages and HIV status

China's Kunlun says U.S approves sale of Grindr to investor group

(Reuters) - Chinese gaming company Beijing Kunlun Tech Co Ltd said on Friday that a U.S. national security panel approved the $620 million sale of popular gay dating app Grindr to an investor group called San Vicente Acquisition LLC.

Bhima Koregaon case: NIA court rejects interim bail application of Sudha Bhardwaj

Bhima Koregaon case: NIA court rejects interim bail application of Sudha Bhardwaj: A special NIA court in Mumbai on Friday rejected the interim bail application of activist Sudha Bhardwaj, an accused in the Bhima Koregaon violence case.. Get all latest entertainment & viral stories on english.lokmat.com

NIA Court Denies Interim Bail To Sudha Bhardwaj Accused In Bhima-Koregaon Case

A special NIA court in Mumbai on Friday rejected the interim bail application of activist Sudha Bhardwaj, an accused in the Bhima Koregaon case.

Only 2 of YouTube's earliest employees are still at the company — here's what YouTube's first 10 employees are up to now (GOOG, GOOGL)

YouTube has come a long way since 2005. Back then, YouTube had only 10 employees, plus cofounders Chad Hurley and Steve Chen.

Only 2 of YouTube's earliest employees are still at the company — here's what YouTube's first 10 employees are up to now

YouTube has come a long way since 2005. Back then, YouTube had only 10 employees, plus cofounders Chad Hurley and Steve Chen.

Ted Cruz, Trump, and other Republicans are pushing a payroll-tax cut that would do little for families suffering financially due to coronavirus

The payroll-tax cut has gained support from Trump and several other GOP lawmakers and conservative economists eager to jumpstart growth.

Ted Cruz, Trump, and other Republicans are pushing a payroll-tax cut that would do little for families suffering financially due to coronavirus

The move would not provide the economy with the adrenaline shot it needs to tide over people already out of work and struggling businesses.

Limited impact on Vedanta operations due to coronavirus lockdown: Crisil

Also, increase in export offset decline in domestic demand during the lockdown, supported by its low cost position in key businesses, it said.

Limited impact on Vedanta operations due to coronavirus lockdown: Crisil

 The COVID-19-induced lockdown has had a limited impact on the operations of Vedanta Ltd, rating agency Crisil has said. Also, increase in export offset decline in domestic demand during the

Stocks quickly cutting losses ahead of Trump's China press conference

Stocks were lower on Friday as traders braced for an upcoming news conference on U.S.-China relations from President Donald Trump.

US stocks slide as traders await Trump's China news conference

US stocks slipped on Friday ahead of President Donald Trump's news conference on China. US consumer spending in April also posted the biggest dr...

GBP/USD retreats from highs near 1.2400 ahead of Trump’s conference

Sterling’s rally from 1.2230 lows has reached two-week highs at 1.2395. The pair, however, has not been able to consolidate at those levels and pulled

AUD/USD retreats from 0.6680 as the markets await Trump’s conference on China

The Australian dollar has failed again to break the resistance level at 0.6680 and the pair has retreated to levels near 0.6600 as risk appetite plun

WHO, 37 nations launch alliance to share tools to tackle Covid-19 pandemic

“WHO recognises the important role that patents play in fuelling innovation but this is a time when people must take priority,” WHO Director General Tedros Adhanom Ghebreyesus told an online news briefing.

WHO and 37 countries launch alliance aimed at sharing tools to tackle coronavirus pandemic

The effort aims to provide a one-stop shop for scientific knowledge, data and intellectual property amid a pandemic that has infected more than 5.8 million people and killed more than 360,000

India's GDP growth dips to 3.1% in January-March 2020; 11-year-low of 4.2% in 2019-20

India's economic growth slipped to 3.1 per cent in the January-March quarter of 2019-20 showing impact of COVID-19 pandemic. The gross domestic product (GDP) had expanded by 5.7 per cent in the

India's GDP growth dips to 3.1 per cent in January-March 2020; 4.2 per cent for fiscal year 2019-20

According to data by NSO, the GDP had expanded by 5.7 per cent in the corresponding quarter of 2018-19.

Telangana: Sons refuse to allow 80-year-old mother into house out of COVID-19 fear

The woman today returned from Sholapur in Maharashtra after a stay at her relatives house in the wake of relaxations in lockdown norms, but her elder son and his wife did not allow her into the house, said Edla Ashok, a division member of Karimnagar Municipal Corporation.

Telangana: Sons refuse to allow 80-year-old mother into house out of Covid-19 fear

The woman on Friday returned from Sholapur in Maharashtra after a stay at her relatives' house in the wake of relaxations in lockdown norms, but her elder son and his wife did not allow her into the house.

NY Gov. Andrew Cuomo says New York City is on track to begin reopening the week of June 8th

"We will stay on track by focusing on the hotspots," Cuomo said. "We know down to the zip code where the infection rate is higher than average."

NY Gov. Andrew Cuomo says New York City is on track to begin reopening the week of June 8

"We will stay on track by focusing on the hotspots," Cuomo said. "We know down to the zip code where the infection rate is higher than average."

Appreciate difficulties of PMC Bank depositors on moratorium on withdrawals: HC to Centre, RBI

Activist Bejon Kumar Misra filed the petition seeking directions to RBI to ease out the moratorium for withdrawal of deposited money of depositors from PMC Bank during the pandemic

Appreciate difficulties of PMC bank depositors on moratorium on withdrawals, Delhi HC to Centre, RBI

A bench of Chief Justice D N Patel and Justice Prateek Jalan said upon receipt of any representation from any individual or group of depositors in this regard,

Franklin Templeton investors can e-vote to monetise assets

Can authorise trustees or Deloitte from June 9-11

Franklin Templeton to soon start e-voting process for winding up six debt schemes

Sources in the mutual fund industry say that Trustees of Franklin Templeton MF will start sending notices to investors on the voting process and unit holders’ meeting in the next two-three days.

Bank of India cuts MCLR by 25 bps

State-run lender Bank of India has decided to reduce marginal cost of funds based lending rate (MCLR) by 25 bps across all tenors.The one-year MCLR of the bank will be now at 7.7% with effect from Jun

Bank of India cuts MCLR by 25 bps across all tenors

The revised one-year MCLR will be 7.70 percent as against 7.95 percent earlier, the bank said in a release.

Latest fuel price: RON95 and RON97 petrol up 5 sen, diesel up 10 sen

Fuel prices are all up across the board for the coming week with a 5 sen/litre increase for petrol and 10 sen/litre increase for Diesel. This marks the third price hike during the movement control order.

RON97 and RON95 up 5 sen, diesel up 10 sen per litre

KUALA LUMPUR, May 29 — The price of a litre of RON97 and RON95 will go up by five sen, and for diesel, 10 sen, for the period of May 30 until June 5, 2020. According to a statement from the Ministry of Finance today, based on the weekly retail pricing of petroleum products using the Automatic...

Kawasaki Ninja 1000SX launched at Rs 10.79 lakh

Kawasaki has launched the new Ninja 1000SX in India. Click here for all the details and pricing.

Kawasaki Ninja 1000SX BS6 launched in India at Rs 10.79 lakh

Comes with a 4.3-inch colour TF T instrumentation, cruise control, LED lights and Ride modes

China to restrict expansion of solar equipment producers

China intends to impose restrictions on expansion of solar equipment production to tackle overcapacity in the industry in the face of falling ...

China to restrict expansion of solar equipment producers

BEIJING (Reuters) - China intends to impose restrictions on expansion of solar equipment production to tackle overcapacity in the industry in the face of falling domestic installations, a draft plan issued by the country’s industrial ministry showed on Friday.

Diego Costa could face upto 6 months in jail

Diego Costa could face up to six 6 months in jail on the accusation of tax fraud, his hearing is set to be conducted on June 4.Former Chelsea star Diego Costa has recently been included into the list of football stars accused of tax fraud. According to a report by the Cadena Ser, The Spanish striker has allegedly defrauded the Spanish state of over 1 million euros for not declaring payments regarding his move from Spain to Chelsea in 2014 and for image rights.The report further states that the prosecution wants Costa to serve six months in jail and pay a fine of 507,208 euros. But with the earlier cases with other footballers on tax fraud, Costa is unlikely to spend any time in the cell. The laws in Spain allow sentences under two years for non-violent crimes to be exchanged for a fine and Costa will only have to pay 36,500 euros, on top of his over half a million fine, to avoid time in prison.Lionel Messi and his father cum agent Jorge Messi were found guilty of defrauding Spain in 2017, and the Barcelona star…

'SER': Diego Costa faces six months in prison

The Public Prosecutor's Office is asking for Diego Costa, the Spanish-Brazilian striker of Atletico Madrid, to be sentenced to six months in prison, in addition to a fine of more than half a million euros. He is accused of tax fraud of more than one million euros.

Sebi warns TCS over disclosure of material information to investors

Sebi has also asked the company to ensure that disclosures provide adequate, accurate, explicit and timely information to the investors

IMF warns stock investors to pay more attention to climate risks

Investors worldwide are underestimating the financial risks from climate change, and companies need to start disclosing their exposure, according to the International Monetary Fund.

New self-employment grant and furlough details: What does it all mean?

Businesses will need to start contributing to furloughed wages and the self-employed can apply for a new grant from August.

New self-employment grant and furlough details: What does it all mean?

Businesses will need to start contributing to furloughed wages and the self-employed can apply for a new grant from August.

Sensex ends 6% higher this week, Nifty Bank surges 12%; check key factors behind markets’ upmove

Sensex recovered 600 points from day's low to end at 32,424 while Nifty 50 index settled at 9,580. During this week both Sensex and Nifty gained 6 per cent each

Sensex, Nifty close higher for third straight session: Key factors behind the share market rally

Amid weak cues from global markets, Sensex and Nifty opened lower, although erased early losses and reversed trend by the last hour of the session, amid rally in sector specific action. Barring IT and media, all the indices closed higher, amid heavy gains in realty, pharma and FMCG stocks

Wage subsidy scheme opened up to women returning from maternity leave

People returning from maternity leave are now able to access the Temporary Wage Subsidy Scheme.S...

TWSS open to women returning from maternity leave

The Temporary Wage Subsidy Scheme has been amended to allow women who were on maternity leave to access the payment.

Regional Executive Director of NTPC confirmed

He was holding additional charge

CV Anand is NTPC’s new Regional Executive Director (South)

C. V Anand has been posted as the Regional Executive Director (South) of NTPC Limited at Southern Region Headquarters in Hyderabad

Gal·la House / CAVAA Arquitectes

Completed in 2019 in Villanueva y Geltrú, Spain. Images by Filippo Poli . This main through apartment started from a conventional structure organized with enclosed spaces, a distributive corridor and a small south-facing...

Gal·la House / CAVAA Arquitectes

Completed in 2019 in Villanueva y Geltrú, Spain. Images by Filippo Poli . This main through apartment started from a conventional structure organized with enclosed spaces, a distributive corridor and a small south-facing...

Uplifting news: Group raises thousands and artist unveils mural in Birmingham

A round-up of Friday’s feelgood stories.

Uplifting news: Group raises thousands and artist unveils mural in Birmingham

A round-up of Friday’s feelgood stories.

Australia faces further cost-cutting despite improved outlook

Australian cricket faces another round of cost-cutting to shore up finances hit by the coronavirus shutdown and no part of the game will be ...

Australia cricket faces further cost-cutting despite improved outlook

Australian cricket faces another round of cost-cutting to shore up finances hit by the coronavirus shutdown and no part of the game will be immune, board chief Kevin Roberts said on Friday. Cricket

Federal government to clear all Centrelink robo-debts, refund money

More than $720 million raised through the Morrison government's controversial Centrelink robo-debt program will be refunded.

Robodebt: government to refund 470,000 unlawful Centrelink debts worth $721m

Debts raised under the Coalition’s unlawful income-averaging scheme will start to be repaid in July

Volkswagen says it will have full control of JAC-VW Chinese venture

German automaker Volkswagen will have full management control of its JAC-VW joint venture, the company's China CEO said on Friday.

Volkswagen says it will have full control of JAC-VW Chinese venture

BEIJING/SHANGHAI (Reuters) - German automaker Volkswagen (VOWG_p.DE) will have full management control of its JAC-VW joint venture, the company’s China CEO said on Friday.

White House dares Twitter by reposting flagged Trump tweet

US News: The White House thumbed its nose at Twitter on Friday by reposting a President Trump tweet that the social media giant had just taken the unprecedente

The White House's official Twitter account reposted Trump's tweet that was flagged for 'glorifying violence'

After Twitter flagged a tweet from President Trump saying it was "glorifying violence," the White House tweeted it again shortly after 8 am.

Ukraine expects US$5 bln IMF loan approval on June 5 – PM Shmyhal

The first tranche of US$1.9 billion may be disbursed the following day.

Ukraine expecting $5 billion IMF loan approval and initial payout next week: PM

Ukraine expecting $5 billion IMF loan approval and initial payout next week: PM

Amazon sellers are marking products as ‘collectible’ to get around price gouging rules

Thousand-dollar "collectible" dumbbells and hot tubs.

Amazon Sellers Are Marking Products As 'Collectible' To Get Around Price Gouging Rules

Amazon has suspended thousands of third-party sellers for price gouging during the COVID-19 pandemic, but sellers have found a loophole to avoid detection when raising prices: labeling their products as "collectibles," even if there's no conceivable way they could be. The Verge reports: Take this B...

Go-go bars gone as coronavirus hits Bangkok's sex district

Thailand shut bars and clubs in mid-March as coronavirus cases surged. It halted international passenger flights, stopping the tourism that had made Bangkok the world's most visited city for four years. Patpong went dark.

Go-go bars gone as coronavirus hits Bangkok's sex district

BANGKOK, May 29 — The black leather party masks that performers May and Som wear for their fetish shows in Bangkok are definitely not the sort to stop the coronavirus. Behind closed doors, they practise for the day when health restrictions are lifted and tourists return, but they have no idea...

Govt plan new deal with private hospitals before second wave of coronavirus

The government will seek to negotiate a new deal with private hospitals from the end of June.

Government to negotiate new deal with private hospitals

The current deal to use private facilities during the Covid-19 crisis will not be extended beyond the end of June.

Nigerians to pay stamp duties on ATM printouts, some WhatsApp messages – FIRS

The Federal Inland Revenue Service (FIRS) revealed that Nigerians will now pay stamp duties on some WhatsApp messages, SMS, and messages via any electronic platform acknowledging receipt of funds. Stamp duties will also be paid by

ICYMI: You will now pay stamp duty on ATM printouts, some WhatsApp messages, says FIRS

The Federal Inland Revenue Service (FIRS) says Nigerians will now pay stamp duties on WhatsApp messages acknowledging receipt of funds. 

Canopy Growth reports $1.3B fourth-quarter loss, hits reset on strategic focus

Canopy Growth Corp. is rethinking its first-to-every-market strategy after reporting a $1.3-billion loss in its fourth quarter. The Smith Falls, Ont.

Canopy Growth reports $1.3B fourth-quarter loss, hits reset on strategic focus

Canopy Growth Corp. is rethinking its first-to-every-market strategy after reporting a $1.3-billion loss in its fourth quarter.

India quarterly growth worst in two decades as lockdown bites

India's economy grew at its slowest pace in at least two decades last quarter, government data showed Friday, with warnings of far worse to come as it grapples with the fallout of the world's largest coronavirus lockdown. The figures beat even gloomier forecasts, with Bloomberg News predicting

India quarterly growth worst in two decades as lockdown bites

MUMBAI, May 29 — India’s economy grew at its slowest pace in at least two decades last quarter, government data showed today, with warnings of far worse to come as it grapples with the fallout of the world’s largest coronavirus lockdown. Asia’s third-largest economy expanded by just 3.1 per...

Nepali Sherpas wait, grow potatoes as Himalayas remain closed due to COVID-19

Had it not been for the coronavirus, Nepali climbing guide Tashi Lakpa Sherpa would have been on Mount Everest now, guiding clients and trying to ...

Nepali Sherpa wait, grow potatoes as Himalayas remain closed due to coronavirus

Had it not been for the coronavirus, Nepali climbing guide Tashi Lakpa Sherpa would have been on Mount Everest now, guiding clients and trying to add another feather in his cap - a ninth ascent. But

Eric Bloch estate insolvent, says lawyer

A BULAWAYO lawyer has approached the High Court seeking a provisional order for liquidation of the estate of the late economist and former Reserve Bank of Zimba...

Eric Bloch estate insolvent: lawyer

A BULAWAYO lawyer has approached the High Court seeking a provisional order for liquidation of the estate of the late economist and former Reserve Bank of Zimbabwe (RBZ) adviser Dr Eric Walter Bloch. Mr Pineas Madzivire of Joel Pincus, Konson and Wolhuter Legal Practitioners, filed an application at the Bulawayo High Court seeking an order declaring H & E Bloch and Company Chartered Accountants insolvent in terms of section 48 0f the Administration of Estates Act as read with Section 4 of the Insolvency Act. The estate has no immovable assets. However, there is $78 000 which is an inheritance from his wife Baileh Thelma Bloch who is also late.

Gold Price News and Forecast: XAU/USD at yesterday’s high [Video]

The outlook for gold remains on a knife edge. Following the rebound from $1693 on Wednesday the market has rallied back into the resistance around the

Pound Sterling Price News and Forecast: GBP/USD – Falling on Friday? [Video]

The broad dollar weakness is really helping Cable bulls at the moment, so much so that there is a renewed prospect of continued recovery. In the past

Nissan settles dispute with Tamil Nadu government over unpaid dues of Rs 5000 crore: Report

The Japanese auto major was to receive between Rs 1400 crore (USD 185 million) and Rs 1800 crore (USD 238 million) as per the settlement, said the report.

Nissan settles dispute with Tamil Nadu over unpaid dues, damages; begins process to withdraw international arbitration: Report

The dispute arose after Nissan said Tamil Nadu hadn’t paid certain incentives under a 2008 agreement to set up a car plant in the southern state.

Fors and against investing in cryptocurrency you need to be aware of

Investing in cryptocurrency seems to be a major risk for some. The article outweighs the pros and cons of investing in cryptocurrency

Investors fear cryptocurrency CEO accused of stealing millions could be on the run

A man accused of stealing millions from Bitcoin investors appears to have made a run for it.

Lockdown effect: Core sector output crashes record 38.1% in April

Infra segment hurt the most as cement and steel output tank by more than 80 per cent

GDP growth slows to 3.1% in Q4; core sector output contracts 38.1% in April

India Business News: The gross domestic product or GDP data released on Friday showed that the economy slowed to 3.1 per cent in the January-March quarter, partly as a res

Guara House / Nommo Arquitetos

Completed in 2020 in Pilarzinho, Brazil. Images by Eduardo Macarios. Light and warmth were the first and most emphasized premises made by clients: a young couple with two daughters. Another request was great...

Guara House / Nommo Arquitetos

Completed in 2020 in Pilarzinho, Brazil. Images by Eduardo Macarios. Light and warmth were the first and most emphasized premises made by clients: a young couple with two daughters. Another request was great...

Financial sector weighs on Toronto, U.S. stock markets mixed in early trading

TORONTO — Canada's main stock index fell in early trading as losses in the heavyweight financial sector offset gains by materials stocks. The S&P/TSX composite index was down 63.98 points at 15,198.75.

Financial sector weighs on Toronto, U.S. stock markets mixed in early trading

Canada's main stock index fell in early trading as losses in the heavyweight financial sector offset gains by materials stocks.

Cane arrear reaches Rs 17,134 crore so far in 2019-20 season: Centre

India Business News: NEW DELHI: Cane dues to be paid by sugar mills to farmers have reached Rs 17,134 crore so far in the 2019-20 season that will end in September, accord.

Cane arrear reaches Rs 17,134 crore so far in 2019-20 season: Centre

Under the Sugarcane (Control) Order, 1966, sugar mills are required to make cane price payment to farmers within 14 days of supply of cane. If mills fail to make payment, they have to pay interest at the rate of 15 per cent per annum on amount due for the delayed period beyond 14 days.

With 'Main Street' in view, Fed weighs risks of job, productivity shocks

U.S. Federal Reserve officials have talked broadly about helping households and firms through the current economic crisis and quickly unleashed ...

With 'Main Street' in view, Fed weighs risks of job, productivity shocks

WASHINGTON (Reuters) - U.S. Federal Reserve officials have talked broadly about helping households and firms through the current economic crisis and quickly unleashed trillions of dollars in cash and credit guarantees to build a “bridge” to the post-pandemic world.

PNC Financial Services Group Inc. Acquires 13,408 Shares of Woodward, Inc.Common Stock (NASDAQ:WWD)

PNC Financial Services Group Inc. raised its holdings in shares of Woodward, Inc.Common Stock (NASDAQ:WWD) by 207.5% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 19,871 shares of the technology company’s stock after acquiring an additional 13,408 shares during the quarter. […]

PNC Financial Services Group Inc. Acquires 12,532 Shares of Vanguard Global ex-U.S. Real Estate ETF (NASDAQ:VNQI)

PNC Financial Services Group Inc. raised its holdings in shares of Vanguard Global ex-U.S. Real Estate ETF (NASDAQ:VNQI) by 95.2% in the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 25,702 shares of the company’s stock after purchasing an additional 12,532 shares during the period. PNC […]

Cambridge Investment Research Advisors Inc. Has $166.59 Million Stock Position in Amazon.com, Inc. (NASDAQ:AMZN)

Cambridge Investment Research Advisors Inc. increased its position in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 7.6% in the first quarter, Holdings Channel.com reports. The institutional investor owned 85,442 shares of the e-commerce giant’s stock after buying an additional 6,025 shares during the period. Amazon.com makes up 1.6% of Cambridge Investment Research Advisors Inc.’s holdings, making […]

Cambridge Investment Research Advisors Inc. Acquires 21,040 Shares of United Continental Holdings Inc (NASDAQ:UAL)

Cambridge Investment Research Advisors Inc. raised its holdings in United Continental Holdings Inc (NASDAQ:UAL) by 294.0% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 28,197 shares of the transportation company’s stock after buying an additional 21,040 shares during the quarter. Cambridge Investment Research […]

Affin Bank’s net profit falls to RM123.5m in Q1

KUALA LUMPUR, May 29 — Affin Bank Bhd recorded a lower net profit of RM123.57 million in the first quarter ended March 31, 2020 (Q1 2020) from RM137.23 million in the same period last year. The decline was mainly due to additional allowance for credit impairment losses of RM117.1 million as...

Mah Sing’s Q1 net profit falls to RM30.07m

KUALA LUMPUR, May 29 — Mah Sing Group Bhd’s net profit in the first quarter ended March 31, 2020 (Q1 2020) fell to RM30.07 million from RM55.01 million in the same period last year. Revenue declined to RM371.13 million from RM450.33 million previously. In a filing with Bursa Malaysia today, Mah...

Apple still dominates the wearables market in the first quarter of 2020

Apple still dominates the wearables market in the first quarter of 2020. In the Q1 2020, 72.6 million wearable electronic devices were shipped in the world.

IDC: Apple still dominates the wearable market with 21.2 million units shipped in Q1 2020

Apple continues to lead the market for wearable products, according to the latest IDC report. The company shipped 21.2 million units of these products in the first quarter of 2020, which represents 29.3% of the total share. Compared to the first quarter of 2019, the company grew by 13.3 million units, or 23.7% of market […]

Swiss National Bank Acquires 2,100 Shares of Global Blood Therapeutics Inc (NASDAQ:GBT)

Swiss National Bank increased its holdings in shares of Global Blood Therapeutics Inc (NASDAQ:GBT) by 1.8% in the first quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 116,800 shares of the company’s stock after purchasing an additional 2,100 shares during the quarter. Swiss National Bank owned […]

Trexquant Investment LP Purchases Shares of 8,789 Global Blood Therapeutics Inc (NASDAQ:GBT)

Trexquant Investment LP purchased a new stake in Global Blood Therapeutics Inc (NASDAQ:GBT) in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 8,789 shares of the company’s stock, valued at approximately $449,000. Other institutional investors also recently modified their holdings of the […]

40,729 Shares in NMI Holdings Inc (NASDAQ:NMIH) Bought by Trexquant Investment LP

Trexquant Investment LP acquired a new stake in NMI Holdings Inc (NASDAQ:NMIH) during the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 40,729 shares of the financial services provider’s stock, valued at approximately $473,000. Trexquant Investment LP owned about 0.06% of NMI at the end of […]

Trexquant Investment LP Has $499,000 Holdings in Clean Harbors Inc (NYSE:CLH)

Trexquant Investment LP raised its stake in Clean Harbors Inc (NYSE:CLH) by 4.1% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 9,710 shares of the business services provider’s stock after acquiring an additional 382 shares during the quarter. Trexquant Investment LP’s holdings […]

Swiss National Bank Buys 600 Shares of FirstCash Inc (NYSE:FCFS)

Swiss National Bank increased its stake in shares of FirstCash Inc (NYSE:FCFS) by 0.7% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 82,812 shares of the credit services provider’s stock after acquiring an additional 600 shares during the quarter. Swiss National Bank owned about […]

Nordstrom, Inc. (NYSE:JWN) Shares Purchased by Swiss National Bank

Swiss National Bank lifted its holdings in Nordstrom, Inc. (NYSE:JWN) by 23.3% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 421,725 shares of the specialty retailer’s stock after purchasing an additional 79,800 shares during the quarter. Swiss National Bank’s holdings in Nordstrom […]

EUR/USD Price Analysis: Rising odds for a test of 1.1150 and above

EUR/USD has quickly left behind the key 200-day SMA and is now trading at shouting distance from the key barrier in the 1.1150 region. If the upside m

EUR/JPY Price Analysis: Scope for a test of 121.00

The march north in EUR/JPY remains unabated and it has already left behind the 119.00 yardstick. The cross is now flirting with the key 4-month resist

Apple Inc. (NASDAQ:AAPL) is Wade G W & Inc.’s 3rd Largest Position

Wade G W & Inc. decreased its holdings in shares of Apple Inc. (NASDAQ:AAPL) by 4.7% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 172,339 shares of the iPhone maker’s stock after selling 8,544 shares during the quarter. Apple accounts for […]

Apple Inc. (NASDAQ:AAPL) is Canton Hathaway LLC’s 4th Largest Position

Canton Hathaway LLC lowered its holdings in shares of Apple Inc. (NASDAQ:AAPL) by 1.3% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 11,627 shares of the iPhone maker’s stock after selling 153 shares during the quarter. Apple makes up 2.1% of […]

People shielding from coronavirus ‘feel left behind’ as lockdown measures ease

Charities are concerned about the impact an indefinite isolation will have on the more than two million people shielding in the UK.

People shielding from coronavirus ‘feel left behind’ as lockdown measures ease

Charities are concerned about the impact an indefinite isolation will have on the more than two million people shielding in the UK.

Coronavirus: People 'will have to limit contact for a long time into the future'

People will have to limit their contacts with other people for a long time into the future despite the pandemic easing, a health expert has said.

People will have to limit contact for a long time into the future – expert

People will have to limit their contacts with other people for a long time into the future despite the pandemic easing, a health expert has said.

Calm before the storm for Japan suicides as coronavirus ravages economy

The phones at the Tokyo suicide hotline start ringing as soon as it opens for its once-weekly overnight session. They don't stop until the lone volunteer fielding calls from hundreds of people yearning to talk signs out early the next morning.

Calm before the storm for Japan suicides as COVID-19 ravages economy

TOKYO: The phones at the Tokyo suicide hotline start ringing as soon as it opens for its once-weekly overnight session. They don't stop until the ...

10 things you need to know before the opening bell

This is what traders are talking about.

10 things in tech you need to know today

Trump signs EO. Zuckerberg learns limits. FBI snooping stopped.

Month-End Profit-Taking Weighs On Equities As The Euro Pops Above $1.11

Equity markets in the Asia-Pacific region were mixed, with Japan, Hong Kong, Australia, and Taiwan seeing selling pressure. The Dow Jones Stoxx 600 is snapping

Month-End Profit-Taking Weighs On Equities As The Euro Pops Above $1.11

Forex Analysis by Marc Chandler covering: Nikkei 225, STOXX 600, USD/CNH. Read Marc Chandler's latest article on Investing.com

Tesla CEO Musk earns incentive payout worth $775 million in first tranche

The compensation plan, approved by shareholders in 2018, consists of 20.3 million stock option awards broken up into 12 tranches of 1.69 million shares

Tesla CEO Elon Musk gets $700 million in first performance-based payout

Tesla has awarded its CEO, Elon Musk, with the first out of 12 performance-based payouts — and it’s worth over a whopping $700 million.

COVID-19 Watch: Hotels, airlines look for new revenue streams, hold on to cash to tide over liquidity crunch

Other steps like drastic cost control and a sharp reduction in future supply addition are also in the offing.

COVID-18 Watch: Hotels, airlines look for new revenue streams, hold on to cash to tide over liquidity crunch

Other steps like drastic cost control and a sharp reduction in future supply addition are also in the offing.

CWB reports Q2 profit down as provisions for credit losses soar

CWB Financial Group reported its second-quarter profit fell compared with a year ago as the economy tanked due to the steps taken to slow the COVID-19 pandemic and its provisions for credit losses more than doubled.

CWB Financial reports Q2 profit down as provisions for credit losses soar

EDMONTON — CWB Financial Group reported its second-quarter profit fell compared with a year ago as the economy tanked due to the steps taken to slow the COVID-19 pandemic and its provisions for credit losses more than doubled.

Ringgit higher against US dollar on improved global sentiment

KUALA LUMPUR, May 29 — The ringgit ended the week slightly higher against the US dollar today on improved global sentiment despite lower oil prices, a dealer said. As at 6pm, the local note was quoted at 4.3450/3500 versus the greenback compared with yesterday’s close of 4.3540/3600. FXTM...

Ringgit opens higher against US dollar

KUALA LUMPUR, May 29 ― The ringgit strengthened against the US dollar in early session today on an overnight recovery of oil prices but investors are cautious by a possible escalation of the United States (US)-China trade war risk, said an analyst. At 9.08am today, the local note was quoted at...

Use of public transport likely to dip for 6 mnths post lockdown: CSE survey

Within six months after the lockdown, metro ridership will decline from 37% in pre-lockdown period to 16%, the CSE said.

Use of public transport likely to reduce for 6 months post-lockdown: CSE survey

The CSE's perception survey on changing commuting choices post-pandemic included over 400 middle and high-income groups in Delhi and surrounding NCR cities.The first results show public mood is changing.

Nature Within: 17 Projects With Indoor Trees

Projects that feature different solutions by incorporating trees into their interiors.

Nature Within: 17 Projects With Indoor Trees

Projects that feature different solutions by incorporating trees into their interiors.

The Witcher series hits 50 million sales

Valley of plenty.

The Witcher franchise has crossed 50 million sales

The Witcher franchise has sold over 50 million copies worldwide, according to the latest figures from developer CD Projekt Red. The Witcher 3 is responsible for a huge chunk of those sales, with the popular RPG having sold over 20 million copies as of June 2019.

Sensex drops over 300 pts in early trade; Nifty tests 9,400 level

Equity benchmark Sensex tumbled over 300 points in early trade on Friday dragged by losses in HDFC Bank, Infosys, TCS and Reliance Industries amid weak cues from global markets. After touching a low

Sensex drops over 300 pts in early trade; Nifty tests 9,400 level   

Equity benchmark Sensex tumbled over 300 points in early trade on Friday dragged by losses in HDFC Bank, Infosys, TCS and Reliance Industries

Pakistan plans to raise $1.5bn in Eurobonds, officials say

Pakistan News: Pakistan plans to raise $1.5 billion through Eurobonds to bridge a balance of payments gap for the financial year beginning July 1, said sources. With

Pakistan to float $1.5b Eurobonds

Move comes after inflow of hot foreig­n money proved costly

Rail project expecting $100M shortfall, possibly $100M more | Honolulu Star-Advertiser

The Honolulu Authority for Rapid Transit got grim financial news Thursday, with no easy answers ahead.

Hawaii budget shortfall now projected to be $2.3 billion | Honolulu Star-Advertiser

There was a lot of guesswork involved, but a panel of experts concluded Thursday that state tax collections will drop by 7% this fiscal year and another 12% next year, leaving Gov. David Ige’s administration with a whopping $2.3 billion budget hole to patch up.

Record-breaking spring sunshine boosts British strawberry crop

Tesco berry buyer Laura Mitchell said the good weather has resulted in ‘exceptionally good quality and sweet strawberries’.

Record-breaking spring sunshine boosts British strawberry crop

Tesco berry buyer Laura Mitchell said the good weather has resulted in ‘exceptionally good quality and sweet strawberries’.

NNPC sets $10 oil production cost target by 2021 - Premium Times Nigeria

With its current unit cost between $9 and $22 per barrel, the NNPC says it has set an oil production cost target ceiling of $10 per barrel by 2021.

Price crash: NNPC targets $10 oil production cost

’Femi Asu The Nigerian National Petroleum Corporation has said it is looking to drive down the cost of producing a barrel of crude oil to $10 and below in oilfields across the country. The Group ...

Renault Cutting Nearly 15,000 Jobs Worldwide to Save Costs

Renault announced it will be cutting 14,600 jobs around the world in a bid to save costs during the pandemic.

French Carmaker Renault Plans to Eliminate Nearly 15,000 Jobs Worldwide Amid Pandemic

Earlier, French President Emmanuel Macron said that authorities intend to send 8 billion euros to support the automotive industry.

VW increases bet on China’s slowing electric vehicle market

German group will invest €2bn into growing presence in country despite hit from Covid-19

Sales of electric vehicles increase

Portugal has seen sales of electric or hybrid cars increase in the first quarter by 57 percent, compared to the same period in 2019, but associations fear that the trend will fall due to Covid-19.

BookMyShow cost-cutting to hit 270 employees

Members of the workforce who have been put on furlough will continue to remain employed with the company and will be eligible for all medical insurance, gratuity and other benefits.

BookMyShow lays off, furloughs 270 employees

Online ticket booking platform BookMyShow has laid off or furloughed 270 employees as it expects its revenue to be "greatly reduced" in the coming months, hit by the COVID-19 pandemic and lockdown.

Consumer confidence and economic climate partially recover in May

Consumer confidence and economic climate indicators “partially recovered” in May in Portugal, after having recorded “strong reductions in April” due to the covid-19 pandemic, the National Statistics Institute (INE) reported

Consumer confidence lifts in May but still at record lows - bank survey

Major purchase intentions have improved but over half of respondents expect bad times ahead.

Yoo Jae Suk, Lee Hyori & Rain to add members to their 'Hangout with Yoo' co-ed dance group?

Yoo Jae Suk, Lee Hyori, and Rain have been confirmed as a co-ed dance group for 'Hangout with Yoo', but they might adding more members to th…

MBC's 'Hangout With Yoo' confirms Yoo Jae Suk, Lee Hyori, & Rain will debut this summer + still considering other members

On May 29, a spokesperson of MBC variety program 'Hangout With Yoo' relayed, "Our trainee Yoo Jae Suk will be forming a co-ed group with legend…

‘The recovery needs to be a full-scale economic renewal’

Top economist Mariana Mazzucato on ‘doing economics differently’ in a post-Covid-19 world

The role of entrepreneurial action in economic recovery

The Covid-19 lockdown is having an unprecedented impact on small business and entrepreneurship globally. Governments around the world are rightly focusing on protecting people’s health while at the same time protecting the economy through stimulus and relief packages. There are differences in opinions as to what specific measures are required to return to ‘normality’, which further depends on the length of the pandemic and the severity of the impact on different types of business sectors.

Exclusive: Argentina says new debt revamp proposal in right direction, still falls short

Argentina's economy minister said on Friday that a newly received debt restructuring proposal from two creditor groups was a step in the right ...

Argentina says new debt revamp proposal in right direction, still falls short

Argentina's economy minister said on Friday that a newly received debt restructuring proposal from two creditor groups was a step in the right ...

Pandemic hit to Japan's factory, retail sectors deeper than expected; jobless rate up to 2.6%

Japan's April factory output fell at a much faster-than-expected pace and retail sales tumbled the most in more than two decades as a coronavirus-triggered state of emergency dealt a heavy blow to the economy. Global activity ground to a halt in April as government-imposed lockdowns due to the pandemic disrupted…

Pandemic's hit to Japan's factory, retail sectors deeper than expected

TOKYO — Japan’s April factory output fell at a much faster-than-expected pace and retail sales tumbled the most in more than two decades as a coronavirus-triggered state of emergency dealt a heavy blow to the economy.

Scarwafa Co-Housing / Krft

Completed in 2016 in Ámsterdam, The Netherlands. Images by Christian van der Kooy. Scarwafa (an acronym for the 6 owners) is a small-scale cohousing project of 3 befriended young families, who acquired three neighboring plots in the...

Scarwafa Co-Housing / Krft

Completed in 2016 in Ámsterdam, The Netherlands. Images by Christian van der Kooy. Scarwafa (an acronym for the 6 owners) is a small-scale cohousing project of 3 befriended young families, who acquired three neighboring plots in the...

Rising US job losses stoke fears of lasting economic damage amid pandemic

The numbers are extraordinarily high by historical standards, economists have warned.

Rising US job losses stir fears of lasting economic damage

WASHINGTON (AP) — The coronavirus crisis threw at least 2.1 million Americans out of work last week despite the gradual reopening of businesses around the country, stoking fears Thursday that the scourge is doing deep and potentially long-lasting damage to the U.S. economy.Despite a few glimmers of hope, most of the latest economic news from around the globe was likewise grim, as some of the world's most populous countries reported rising infections and deaths. The confirmed U.S. death toll has surpassed 100,000, the highest in the world.The latest job-loss figures from the U.S. Labor Department bring to 41 million the running total of Americans who have filed for unemployment benefits since the coronavirus shutdowns took

Committee for Ballarat webinar explores economic recovery post COVID-19

While the path to economic recovery from the coronavirus pandemic remains uncertain, leaders are looking to identify and capitalise on new opportunities for regional Victoria.

Erin O'Toole promises increased childcare support as part of COVID-19 economic recovery plan

Both frontrunners in the Conservative leadership race, O'Toole and Peter MacKay, have now released their plans for leading Canada out of the COVID-19 crisis

London buses to resume front door boarding

The process will be phased back in at the weekend.

London buses to resume front door boarding

The process will be phased back in at the weekend.

Capital Iron building part of 6.7 acres bought by Reliance; store to keep operating

Reliance Properties, which was behind the transformation of the Janion building on Store Street, has picked up nearly seven acres of downtown Victoria, including the site of the Capital Iron . . .

Capital Iron building part of 6.7-acres bought by Reliance; store to keep operating

Reliance Properties, which was behind the transformation of the Janion building on Store Street, has picked up nearly seven acres of downtown Victoria, including the site of the Capital Iron . . .

UK business confidence matches 2008 low in May - Lloyds Bank

LONDON — British business confidence fell to its lowest since the 2008 financial crisis in May, according to a survey for Lloyds Bank which contrasts with other surveys which have shown a small improvement since the initial shock of the coronavirus lockdown.