Economy 2054
NNPC has 6,621 staff strength – Report
The Nigerian National Petroleum Corporation (NNPC) says it currently has 6,621 staff strength both at its headquarters and across all its subsidiaries
THE CUTTING EDGE-26-5-2020
At Kikuyu, in Kiambu County, one landlord has disconnected water and electricity to an apartment block.
Unease in Greece as restaurants, cafes reopen
Restaurants and cafes across Greece opened ahead of schedule Monday as the country prepared to launch a shortened tourism season vital to its economy.
Brazil Toughens Rules to Avoid U.S.-Style Disruptions
Brazil, the biggest exporter of beef and chicken, is betting on a new set of safety standards to avoid the kind of mass processing disruptions that caused meat shortages and price spikes in America.
Gathering limits make 'great time to be building a pipeline': Alberta minister
Alberta's energy minister says it's a good time to build a pipeline because public health restrictions limit protests against them.
PNB fraud case: Interpol notice against Nirav Modi’s brother put up for public viewing again
Nehal Modi's name figured as the accused number 27 in the supplementary chargesheet filed by the CBI, which charged him for destroying evidence in Dubai to cover the tracks of the alleged crime.
Hard times for Boeing, long a symbol of American might
Hard times for Boeing, long a symbol of American might
From Covid to the cold - Western Cape's disaster management bracing for stormy weather
Snow is predicted for the mountains of the Western Cape, the higher ground of the Eastern Cape, and the southern heights of the Northern Cape.
Delhi Metro prepares to begin ops at 24-48 hr notice
As the first step towards resuming services, DMRC has decided to deploy full manpower, including station controllers and housekeeping staff, from Tuesday, sources said. Cleaning of stations has also started.
Teladoc Health: The Growth Is Here To Stay
Teladoc Health recently reported impressive Q1 2020 results and management provided strong full-year 2020 guidance. This new market darling has a strong bull ca
Pub owners take FBD Insurance to court over Covid-19 disruption cover
Pub owners claim they are entitled to have consequential losses covered by what they say is an insurable risk.
Ontario used auto dealers expect tough year ahead, prices already down
TORONTO — Used car dealers in Ontario are starting to recover from the near total shutdown in April, but a survey released Monday suggests they expect sales and prices to be under pressure for the year as economic uncertainty clouds the market.
Forex Today: Dull start to the week
What you need to know on Tuesday, May 26th: It was a dull start to the week, with the US and the UK on holiday. Those equities markets that were opene
The Week Ahead, S&P 500 Futures Are Up +1% And Poised To Reach 3,000
If after reading this article you conclude that I haven't gotten over the short shrift stocks gave the China-US rift last week, you'd be right. The futures for
Over 500 flights take off, but states create plane confusion at airports
Maharashtra clears air, says short-term visitors exempt from isolation
Ethiopian Airline denies having any contract to evacuate Nigerians from Canada
Ethiopian Airline Monday denied having any existing contract to evacuate stranded Nigerians from Canada. According to the airline, it is the
Talks ongoing for 'new management' at Clifton Nursing Home after 9 deaths from Covid-19
THE Department of Health has said that "an alternative provider" has come forward which could mean residents at Clifton Nursing Home in north Belfast may not have to be relocated.
Here’s the key to constructing a portfolio for what comes next
Nobody has a clue about what lies ahead, and that won’t change until we get a better sense of how the novel coronavirus will proceed from here, but a few assumptions will put things into perspective
State aid should be reviewed 'to help EU compete with US & China'
It comes after the German government and flagship carrier Lufthansa reportedly reached an agreement on state aid worth €9 billion.
Toyota, Nissan and Honda gear up for Mexico reboot after COVID-19 lockdowns
MEXICO CITY (Reuters) - Japanese automakers Toyota, Nissan and Honda said they are gradually restarting in Mexico as the nation’s automotive industry reboots in line with a broader economic reopening, despite still-high numbers of new coronavirus cases.
Inflation remote risk compared with Bank of Canada’s bigger worry — depression-inducing mix of deflation and debt
Kevin Carmichael: In his final speech as Governor, Stephen Poloz seeks to allay fears that the billions being pumped into the economy will lead to runaway prices
Gathering limits make it a 'great time to be building a pipeline:' Alberta minister
EDMONTON - Alberta's energy minister says it's a good time to build a pipeline because public health restrictions limit protests against them.Sonya Savage m
Hamilton Ndlovu apologises for showing off sports cars ‘in poor taste’ during Covid-19 crisis
The businessman says reactions to the footage of his fleet of cars caused both anger and anxiety within his family and left them 'vulnerable to unnecessary attention'.
US ‘politicising business’, says Chinese anti-virus firm blacklisted from importing tech from America
President Donald Trump’s administration says Chinese tech is based at least in part on stealing foreign knowhow and is used to spy on the US
Trudeau, Singh pressed on parties’ decisions to access COVID-19 wage subsidy
All three parties have said donations have dropped further since the COVID-19 pandemic began
Post-coronavirus: Relocate dry dock to open up Niger Delta economy, PANDEF, UNDEDSS task FG
The groups said the dry dock had been lying unused and should be relocated to the Niger Delta, to open up the economy of the region
Government’s ‘Job Maker’ plan to be revealed today
The Prime Minister is today expected to unveil plans of the new ‘Job Maker’ program, as part of plans to reignite the Australian economy. The program will encourage small, medium and large businesses…
South End restaurants successfully start to reopen dining rooms at half capacity
“Historically Memorial Day Weekend you’re not that busy, but we were busy,” Suffolk Punch general manager Shan Sheheane said.
Reg A+: Groundfloor Seeks Up to $10 Million in Series B Funding Round
Groundfloor is turning to SeedInvest to raise additional growth capital. Groundfloor has posted an offering page for indications of interest and, as
Toronto stock market rally led by cannabis while U.S. stock markets closed
TORONTO — Canada's main stock index posted a triple-digit advance to start the trading week on a broad-based rally led by a resurgence among cannabis stocks.
SSI’s The Specialist now ready to assist shoppers
Upscale retailer SSI Group launches its concierge service, dubbed The Specialist, to assist customers shopping at home.
3,060 Special Trains Ferried Around 40 Lakh Migrants Since May 1: Railways
The Railways has ferried around 40 lakh migrant workers on board 3,060 ''Shramik Special'' trains since May 1, according to official data.
McSally: China Is Taking 'First Step of Taking Hong Kong Back Over'
On Monday's broadcast of the Fox News Channel's "Fox & Friends," Sen. Martha McSally (R-AZ) stated that China is taking a "reckless" "first step of | Clips
Branson’s Virgin Orbit fails on first rocket launch attempt
The inaugural launch had appeared to be going well until moments after the rocket was dropped from beneath the left wing of the jumbo jet dubbed Cosmic Girl.
Impact of COVID-19 frightening, says Buhari - The Nation Nigeria
President Muhammadu Buhari on Sunday said the coronavirus pandemic has brought Nigeria and other countries to their “knees”.
Lotte resumes tender offer to buy more PCPPI shares
Lotte Chilsung Beverage Co. Ltd. of South Korea resumed its tender offer to acquire additional shares in soft drink manufacturer Pepsi-Cola Products Philippines Inc. after filing an updated valuation and fairness opinion with the Securities and Exchange Commission.
Cuomo admits 'we all failed' at making coronavirus projections
Gov. Andrew Cuomo said Monday that coronavirus projections from experts were all wrong and he's getting out of the business of speculating because of it.
Lawmakers raise concerns over ‘distress withdrawal’ of EPFO funds
Most Opposition parties believe the withdrawals, about 10 times that in a similar time frame before lockdown, shows distress.Parties believe the matter of EPF withdrawals should be discussed when the standing committee meets
NZD/USD is perched on a fragile branch, struggles to break higher
NZD/USD is trading at 0.6100, +.01% on the day as we head into the early Asian open. The pair has traded between a range of 0.6083 and 0.6108 on what
Air Canada, Transat deal faces intense EU antitrust scrutiny
BRUSSELS (Reuters) - Air Canada’s (AC.TO) bid for Canadian tour operator Transat AT Inc (TRZ.TO) may result in higher prices and less choice for flights between Europe and Canada, EU antitrust regulators said on Monday as they opened a full-scale investigation into the deal.
No mask, no service? Businesses have the right to require masks on customers
TORONTO — If you were hoping to get out of putting on a face mask to visit stores and other businesses demanding customers wear one, think again.
Evening Update: Trudeau seeks paid sick leave for workers in bid for NDP support; Canadian vaccine candidate shows promise in animal tests
Also: More reopenings in hard-hit areas of Quebec and Alberta
VIDEO: Retail Merchants of Hawaii’s Tina Yamaki and business owner Victor Lim join the COVID-19 Care Conversation | Honolulu Star-Advertiser
Tina Yamaki, president of the Retail Merchants of Hawaii, was today’s guest on the COVID-19 Care Conversation. She was joined by Victor Lim, McDonald’s franchise owner and former chair of Hawaii Restaurant Association.
Is international travel allowed yet? See when Spain, Mexico, Italy, UK plan to reopen borders
Spain has announced that it will reopen its borders to foreign tourists in July and Mexico will start reopening in June. See when others will follow.
Gathering limits make it a 'great time to be building a pipeline:' Alberta minister
EDMONTON — Alberta's energy minister says it's a good time to build a pipeline because public health restrictions limit protests against them.
#SaveDehingPatkai: Coal Mining Threatens ‘Amazon of the East’
As the nation-wide lockdown continues, so do environment, forest and wildlife clearances. The Standing Committee of the National Board for Wildlife (NBWL) recently approved a coal mining project by North-Eastern Coal Field, a subsidiary of Coal India Limited (CIL), in an area that forms part of an elephant reserve in upper Assam.
B.C. government says sorry as camping reservation system overwhelmed
VICTORIA - The government website for British Columbia residents booking provincial campsites was overwhelmed on Monday, prompting an apology from the Minis
Interpol notice against Nirav Modi's brother put up for public viewing again
The Interpol has placed the Red Corner Notice against fugitive diamantaire Nirav Modi's brother Nehal in public view again, after he recently lost an appeal against its issuance by the international
Brazil turns to multilateral lenders in coronavirus crisis
BRASILIA — Brazil’s government hopes to borrow $4 billion from multilateral lending organizations to finance expenses related to the coronavirus crisis, including emergency supplementary payments and other social support programs.
German government takes 20% stake in $10B Lufthansa bailout
May 25 (UPI) -- Lufthansa Group announced Monday that the airline will receive a $10 billion bailout from Germany, giving the government a 20 precent stake in the company and two seats on the airline's board.
Victoria’s BRI deal benefits local economy
Australia’s southeastern Victoria state should stick to its partnership with China to cooperate on the Belt and Road Initiative (BRI), despite noises made by politicians in Canberra, Chinese analysts said.
HSBC board rethinks overhaul and seeks even sharper cuts
More drastic action sought three months after unveiling plan to slash 35,000 jobs and $4.5bn of costs
As edible oils pact with Malaysia, Indonesia ends, India should now hike import duties: SEA
The Solvent Extractors Association of India (SEA) also urged the government to ban the import of refined palm oils or palmolien in order to encourage domestic production.
CFA 'never sought' slice of Celeste Barber's $51 million fundraiser
Court rules that $50 million raised by comedian cannot be given to groups other than the NSW Rural Fire Service, but Victoria's CFA says it never lobbied to receive a share
A look at how provinces plan to emerge from COVID-19 shutdown
Provinces have been releasing plans for easing restrictions that were put in place to limit the spread of COVID-19.
Top German court to rule on VW ‘Dieselgate’ compensation
FRANKFURT AM MAIN, May 25 — Almost five years after Volkswagen’s admission to cheating on emissions tests involving millions of diesel engined cars, a top German court will today finally rule in a battle over compensation for tens of thousands of affected owners. In a preliminary finding in...
JobKeeper to be reviewed – but Treasurer rules out expansion
The Treasurer has hinted there might be more support for the tourism sector after a $60 billion accounting error in JobKeeper payments was uncovered.
Iran’s Oil Minister: Demand for oil is ‘very vague’
The demand for oil is ‘very vague’, Iran’s Oil Minister Bijan Namdar Zangeneh said on Monday. He added that no one can predict crude prices, which are
At least 23 million migrants are returning to India’s villages. Can the rural economy keep up?
The country’s villages are already grappling with hidden unemployment.
Argos online bank holiday sales: today's best home, garden and tech deals
We're bringing you all the very best Argos online bank holiday sales, deals, discounts and much, much more.
80 flights cancelled at Delhi airport; airlines follow Covid-19 guidelines
The flight schedule had been made for all airports, including those in West Bengal, Maharashtra and Tamil Nadu, which have decided to defer or restrict flights for now
CDC: Coronavirus death rate likely just 0.26% - Technology & Health
CDC revises estimates for coronavirus death rate down to roughly a quarter of a percent. But virus remains deadlier than the flu.
What Sticks? Five Data-Driven Behaviors That Will Define America’s Reopening
PYMNTS has populated the current landscape with data-driven research to answer the critical question: Which consumer behaviors will stick through recovery?
Bayer says it makes progress in settlement talks over weedkiller
FRANKFURT (Reuters) - Bayer said on Monday it had made progress seeking a settlement over claims its glyphosate-based Roundup weedkiller causes cancer, after Bloomberg reported the company reached a verbal agreement on about 50,000 to 85,000 cases.
SAMRC board apologises for Prof Gray's comments, bars staff from speaking to media
The SA Medical Research Council board has apologised to the Ministerial Advisory Committee for comments made by its president, Professor Glenda Gray, and says it will institute a fact-finding investigation into the "damage" the comments may have caused.
Former minister Teresa Kok says ‘history repeating itself’ after Malaysian Rubber Board chairman ‘expedites’ nod for RM100m project in own constituency
KUALA LUMPUR, May 25 — Seputeh MP Teresa Kok criticised today the government’s practice of political appointments when accusing new Malaysian Rubber Board (MRB) chairman Datuk Ahmad Nazlan Idris of rushing a RM100 million project in his parliamentary constituency within a month of his...
View: China's crypto is all about tracing — and power
Digital yuan trials are taking place just as Covid deepens mistrust with the US.
Oil jumps as coronavirus lockdowns ease, boosting hopes for demand pickup; rising Sino-US tensions likely to cap gains
Amid quiet trading, with financial centres Singapore, London and New York all closed for holidays, Brent was up 6 cents, or 0.2 percent, at $35.19 a barrel.
COVID-19 Delivers Unprecedented Hit To Kiwis’ Financial Resilience
The first survey in a major new series commissioned by the Financial Services Council has revealed that COVID-19 has delivered an unprecedented hit to New Zealanders’ financial resilience and wellbeing.
Virtual Reserve Bank cash cut lowers rates
A virtual easing of monetary policy by the Reserve Bank – which has allowed money market rates to fall to almost half the official 0.25 per cent target – is helping lenders reduce mortgage rates to record low levels.
Nissan Considering 20,000 Job Cuts, Mainly In Europe And Developing Nations: Report
The possible job cuts come as Nissan prepares to announce its updated mid-term strategy this week. Profits at the automaker … Nissan Considering 20,000 Job Cuts, Mainly In Europe And Developing Nations: Report Read More »
Japan set to lift coronavirus emergency as cases slow
Japan was poised to lift its nationwide state of emergency over the coronavirus on Monday, gradually reopening the world's third-biggest economy after new cases slowed to a crawl. Compared to
'Very weak': Labor warned over Victoria's credit status
Ratings agency Standard & Poor's is worried about post-COVID debt, deficit and public sector wage bill.
Tasty pursuits! What consumers are turning to when restaurants are shut
The demand for snack items is up, but can manufacturers keep up?
German economy starting to see light at end of tunnel - Ifo economist
BERLIN — The German economy is beginning to see light at the end of the tunnel after the passing of the severest phase of the lockdown imposed to slow the spread of the coronavirus epidemic, Ifo institute’s economist Klaus Wohlrabe said on Monday.
As edible oils pact with Malaysia, Indonesia ends, India should now hike import duties: SEA
The Solvent Extractors Association of India (SEA) also urged the government to ban the import of refined palm oils or palmolien in order to encourage domestic production. These are some of the short-term measures the trade body has submitted to the government for making India self-sufficient in edible oils.
‘It’s very worrying’: Jobs axed and fears for tourism industry in Perthshire town as hotel permanently closes
The closure of a landmark Perthshire hotel has sparked fears for the local economy as the coronavirus lockdown takes its toll on tourism in the area.
Cullen commission into money laundering in British Columbia resumes today
VANCOUVER — Money laundering in British Columbia will be under scrutiny again this week when a public inquiry resumes today.
GBP/USD: Bad news on all fronts – Rabobank
Sterling is facing pressure on a variety of fronts. The prospect of more monetary policy stimulus, a deep recession and political uncertainty is set t
Frydenberg moves to shield boards from class action lawsuits
Directors will be relieved from strict obligations to keep investors updated after the Morrison government eased disclosure rules to shield boards from lawsuits.
Rental market hit by student exodus: Gurner
Tim Gurner says the treatment of foreign students by state and federal governments 'was incredibly poor' and its impact on the rental market will be huge.
Cancelled flights, miffed passengers galore on reopening domestic flight services
Several flights still ended up getting cancelled, much to the hassle of the customers.
IKEA launches 'Click and Collect' feature for contactless shopping
The Click & Collect service is to ensure minimal contact between the staff and customers', when the customers arrive to collect the products from the store. Currently, this facility is only available Hyderabad
Have your say on Hepburn Shire's proposed budget
Hepburn Shire Council's proposed budget for 2020-2021 is currently being exhibited for public feedback. The budget will deliver $12.12 million in capital work...
Samsung sends 300 additional workers to expand its chip unit in China
The South Korean tech giant, Samsung, has sent an additional 300 workers to China for the expansion of its chip unit in the region. These workers will aid in the completion of the second chip manufacturing site in the country, despite the ongoing Coronavirus pandemic. Previously, Samsung Electronics had already sent 200 engineers to the …
Walmart - Impressive, But Not Impressive Enough
Walmart has seen specular first quarter numbers, but more so in terms of sales than actual profits. E-commerce sales grow rapidly, yet this same trend, stores d
Brand loyalty no more? Regional brands take larger pie in times of Covid
Local products gain market share as bigger FMCG companies struggle with supply chain issues
SC allows AI to run int'l flights with middle seats filled for 10 days
The top court said that after June 6, Air India will operate its non-scheduled flights in accordance with the interim order to be passed by the Bombay High Court
Hong Kong Exports Tumble in April as Virus Disrupts Commerce
Hong Kong’s exports fell in April for a second straight month as lock downs imposed by the coronavirus pandemic continued to disrupt global trade and restrict travel.
Coronavirus crisis: All that's bad about a 'Bad Bank'
The creation of a bad bank in its present format can only provide a temporary reprieve, by enabling transfer of a large chunk of NPAs, to make the banks' balance sheet look better
Germany approves 9 billion euro aid package for Lufthansa
FRANKFURT, Germany (AP) — Germany on Monday approved a 9 billion-euro ($9.8 billion) aid package for stricken airline Lufthansa to keep a major employer going through the turbulence of the...
Ghani responds to Taliban’s gesture of goodwill, vows to release 2000 prisoners
President Mohammad Ashraf Ghani responded to the gesture of goodwill by Taliban group and vowed to release 2,000 Taliban prisoners.
P240K mj seized from ‘BoC rep’ in Malate
OPERATIVES from the Manila Police District (MPD) confiscated six blocks of marijuana with a street value of about P240,000, from a man claiming to be a 'customs representative,’ during a buy-bust operation in Malate, Manila yesterday.
Fitch sticks to AAA credit downgrade warning
Fitch Ratings has maintained its negative outlook rating on Australian government debt, despite the massively cheaper revised cost of the JobKeeper scheme.
CFA 'never sought' slice of Celeste Barber's $51 million fundraiser
Court rules that $50 million raised by comedian cannot be given to groups other than the NSW Rural Fire Service, but Victoria's CFA says it never lobbied to receive a share
Yogi Government To Form Migration Commission To Provide Migrant Workers Employment In The State
The Yogi Adityanath led Uttar Pradesh government has ordered the formation of a “Migration Commission” which will be tasked with providing employment to migrant workers who have recently returned back to the state in light of the Covid-19 lockdown, ANI has reported.
Coronavirus impact: Exporters face cash crunch as buyers demand double the credit to 120 days
Trade body advises members to only export to countries which have announced stimulus
Delivery App Fee Caps Introduced As Restaurants Rebel
Fee caps have been introduced to protect restauranters that use a delivery app as reported by NBC. Coronavirus has hit the hospitality industry hard with
'Very weak': Labor warned over Victoria's credit status
Ratings agency Standard & Poor's is worried about post-COVID debt, deficit and public sector wage bill.
Reimbursement part of salary to change! Wi-Fi, BYOD, home office furniture allowance may be new normal
Raj N Phani, the founder of Zaggle, a payments start-up, says pay structure realignment is happening in corporate India as a response to Covid-19
Gold trades with modest losses, holds above $1722 support zone
Gold met with some fresh supply on Monday, albeit lacked any strong follow-through selling and was last seen trading with only modest losses, just bel
Embattled Jet Airways Offers Two Boeing Planes to Repatriate Indians Year After Suspending Services
The airline owes more than Rs 8,000 crore to banks. The once-storied full service carrier is undergoing insolvency process and … Embattled Jet Airways Offers Two Boeing Planes to Repatriate Indians Year After Suspending Services Read More »
Sanwo-Olu to virtually inaugurate projects to mark one year in office
Lagos State Gov. Babajide Sanwo-Olu is to inaugurate housing, education, and road projects as part of activities to mark one year in office.
Oca places 4 streets in Bgy. 28 on total lockdown
THE local government of Caloocan city yesterday denied report circulating on social media that another barangay in the city will be placed on total lockdown starting today, Tuesday.
Gold Coast hotels fear $6b wipeout
The iconic Sheraton Grand Mirage Resort Gold Coast hotel is one of thousands of hotels hoping interstate travel will soon be possible.
Malaysia Productivity Corp urges regulators to utilise Unified Public Consultation portal during CMCO
KUALA LUMPUR, May 25 — Malaysia Productivity Corporation (MPC) is urging all government ministries and agencies to utilise the Unified Public Consultation (UPC) portal to continue to maintain their stakeholder engagements especially during the conditional movement control order (CMCO) period....
A look at how provinces plan to emerge from COVID-19 shutdown
Provinces have been releasing plans for easing restrictions that were put in place to limit the spread of COVID-19.Here is what some of the provinces have a
German IFO’s Economist: Economy sees light at the end of the tunnel
Following the release of the final German IFO Business Survey, the institute’s Economist said that the economy sees light at the end of the tunnel. Ad
Coronavirus lockdown: India Post to home-deliver fruits in some Bihar cities
The partnership has been forged to address the woes of litchi and mango cultivators in the state due to the lockdown to contain the spread of coronavirus.
Nigeria’s GDP expands by 1.87% amid global challenges
The non-oil sector contributed 90.50% to the nation’s GDP in the first quarter of 2020, less than the 90.78% in the first quarter of 2019
FinTechs Help Main Street Find Its Footing
Social distancing and changes in consumer habits have SMBs investing in FinTech and embracing business model flexibility to preserve revenues.
Did pilots FORGET to put wheels down on doomed PIA 8303? Airbus performed a belly landing and took off again before crashing on second attempt killing 97 people onboard
Captain Sajjad Gull, who was at the controls of doomed Pakistan Airlines Flight 8303 when it crashed on Friday killing 97, may have forgotten to put the wheels down when landing, experts said.
Migrants walk through 'hell' to reach 'heaven' in Bihar but stare at uncertain future
Hungry and exhausted, these migrant workers are arriving at Sonathu and other villages in Bihar's Aurangabad district from places as far-off as Surat, Mumbai, Delhi, Jaipur and Chennai every day, carrying tales of trauma and tribulation.
Balbir Singh Sr's wish to see his lost memorabilia remains unfulfilled
Hockey News: For last eight years he left no stones unturned to regain his lost memorabilia, which he had donated way back in 1985 to the Sports Authority of India
Frydenberg moves to shield boards from class action lawsuits
Directors will be relieved from strict obligations to keep investors updated after the Morrison government eased disclosure rules to shield boards from lawsuits.
Four ways to create more diversified and resilient portfolios
Those who use an array of strategies will be more prepared for whatever the future holds as we emerge from COVID-19
COVID-19 Has Turned Paradise Into a Privacy Nightmare
When Tara Trunfio stepped off her flight from Boulder to Maui, she didn’t see the leis and grass skirts that so many visitors expect. Instead, the 23-year-old saw masked officials warning that visitors who don’t comply with the islands’ 14-day quarantine requirement would be arrested. A Hawaiian get-away
TikTok's In-App Revenue Skyrockets During Lockdowns
ByteDance Ltd.’s millennial sensation TikTok and its Chinese twin app Douyin ranked top in the world among mobile apps for April revenue, according to Sensor Tower data that excludes games and advertising.
Wanted Saudi nat’l barred from leaving
AN overstaying Saudi Arabian national wanted by authorities in his country for fraud and embezzlement was barred by the Bureau of Immigration (BI) officers at the Ninoy Aquino International Airport (NAIA) from leaving the country.
ITC to acquire spices maker Sunrise Foods
The company on May 23 entered into a Share Purchase Agreement to acquire 100% of the equity share capital of Sunrise Foods Private Limited.
Little girl pulled back from edge of 400ft cliff after peering over
Terrifying pictures show the curious young girl being dragged back from the edge of the cliff in Birling Gap, near Eastbourne.
Rajasthan govt withdraws order increasing daily working limit to 12 hours
Congress-ruled Rajasthan was the first state to increase the working hour limit to 12 hours from 8 hours through an order issued on April 11
EUR/USD: Geopoliticals risks can send the euro down
EUR/USD has been under pressure amid intensifying Sino-American tensions while objection to the Franco-German plan is weighing on the euro. Yohay Elam
The social enterprise at work: Paradox as a path forward
Deloitte Study: When Resilience Can Determine Organizational Survival, Only 16% of Business Leaders Expect to Significantly Increase Investment in the Continual Reinvention of the Workforce Over the Next Three Years With COVID-19 creating urgency around workforce reinvention, it’s clear that while organizations have doubled down on investments in technology over the past decade, many have […]
Huawei seeks stable supply of memory chips as US pressure grows
Huawei has asked Samsung Electronics and SK Hynix for a stable memory chip supply despite apparently mounting pressure from the US to isolate the Chinese telecommunications company.
Slump in consumption, exports push Germany into recession in Q1
A slump in capital investments, private consumption and exports pushed the German economy into a recession in the first quarter, detailed data showed on Monday, giving a glimpse of the damage caused by the coronavirus pandemic.
How The Stage Was Set For The Pandemic’s Great Digital Shift
The pandemic has spurred a great shift to digital, but the foundation was already in place, underpinning consumer behaviors that seem poised for permanence.
Frydenberg moves to shield boards from class action lawsuits
Directors will be relieved from strict obligations to keep investors updated after the Morrison government eased disclosure rules to shield boards from lawsuits.
GBP/USD: Falling this year before a very modest rebound in 2021 – HSBC
GBP is particularly vulnerable in a world driven by fiscal dynamics. The UK's status as a foreign debtor and the resurfacing of Brexit create further
Laptop imports from China surge during shutdown
Australia's working from home boom saw the importation of laptops and office equipment from China jump by up to 40 per cent during the COVID-19 shutdown in April.
India air travel restart hits chaos and cancellations
Airlines' plans to resume air travel in India were in disarray on Monday after some states restricted the number of flights hours before departure, causing last-minute cancellations and leaving hundreds of passengers stranded. Airlines, including IndiGo, India's biggest carrier, SpiceJet and
Asian shares tick up, eyes on China-US trade relations
Asian shares started cautiously on Monday as central bank largesse globally boosted sentiment but rising trade tensions between the world's two ...
WTI consolidates the bounce above $33 mark amid intensifying US-China tensions
WTI (July futures on Nymex) is defending minor bids on the 33 level after having failed several attempts to take out stiff resistances aligned near th
Trains to resume full operations on June 8 - Inside Israel
Trans. Min. Regev and Health Min. Edelstein agree: Buses, minibuses to expand number of passengers allowed to board.
AUD/NZD: The key 1.10 resistance looms on the horizon – Westpac
The AUD/NZD recovery is backed by Australia’s stronger external position. Economists at Westpac Institutional believes a test of the 1.10 key resistan
'Very weak': Labor warned over Victoria's credit status
Ratings agency Standard & Poor's is worried about post-COVID debt, deficit and public sector wage bill.
Coronavirus impact: Tata Group top rung to take 20% pay cut
Coronavirus crisis: TCS, Tata Group's most profitable company was the first to announce a pay cut for its CEO Rajesh Gopinathan. Indian Hotels said that its senior leadership would contribute a percentage of their salary this quarter to help the company
Perthshire bus drivers latest key workers to receive hand sanitisers from local distillery
Perthshire bus drivers have become the latest key workers to receive donations of hand sanitiser from a local distillery.
Travel to Queensland: Tourism operators face ruin over border closure due to coronavirus
Queensland tourism operators face ruin if they’re unable to target southern Australians for winter holidays due to borders remaining closed.
I refinanced my mortgage during COVID-19, and thanks to low interest rates I'll save about $50,000
When my wife and I bought our home about three years ago, we were thrilled to just be approved for a loan. As a newly self-employed writer, we definitely had to jump through a few hoops to buy our home despite credit scores above 800.
‘Inclusive, affordable’ South Surrey project aims to meet ‘desperate’ housing need
Public consultation on 91-unit ‘Harmony’ to launch online next month
Pay rifts, a partner divide, and a threat at the Ritz Carlton: 50 insiders reveal all on a massive shakeup at elite law firm Boies Schiller
Business Insider - Pay rifts, a partner divide, and transparency are key issues behind some partners leaving elite law firm Boies Schiller. Now BSF is re-making itself.. Read more at businessinsider.sg
EU must present united front to shield pandemic-hit banks: regulator
European countries need to join forces to shield their banks from the coronavirus outbreak, one of the bloc's top regulators said on Monday, potentially using a 500 billion euro ($545 billion) EU recovery fund to do so. The remarks from Jose Manuel Campa, who leads the European Banking Authority
British farmers 'will go out of business' in UK-US trade deal, Theresa Villiers warns
British farmers “will go out of business” as a consequence of a trade deal with the United States, former environment secretary Theresa Villiers has warned. Admitting that she had "great fears" about "unfettered competition between domestic farmers and US imports", she said it would
Scots Volkswagen drivers to receive millions in payouts after emission scandal ruling
Scots solicitors have made the claim after a landmark German ruling.
CBD Melbourne: Some free advice for private equity giant Bain
Jayne Hrdlicka could be Virgin’s next CEO or the chairwoman if Bain Capital is successful in its bid for the airline. Interestingly, she's still on the payroll of her former employer.
Subsidy for scooter scheme released
A sum of ₹8.88 crore has been released as subsidy for purchase of scooters for women under Amma scheme in Tiruvarur district.Disclosing this while handing over the keys to 216 beneficiaries at the Dis
Tobacco ban under court scrutiny this week
The fight for the sale and distribution of tobacco is set to continue in the courts this week after president Cyril Ramaphosa announced on Sunday night that tobacco would remain banned under level three of lockdown, which starts next Monday.
Australian economy must come off Covid-19 ‘life support’, PM to say
SYDNEY, May 25 — Australia’s economy must not become reliant on government stimulus, Prime Minister Scott Morrison will say tomorrow, as Canberra unwinds state support and accelerates plans to spur growth. Australia has reported just over 7,100 Covid-19 infections, including 102 deaths. That is...
USD/JPY Price Analysis: Sticks to modest gains near 50-day SMA, around 107.70 region
The USD/JPY pair held on its modest daily gains through the early North American session and was last seen trading near the top end of its daily tradi
Rail Bhavan to shut down for 2nd time in fortnight as staffer tests positive
A fourth grade multi-tasking staffer, who last attended the office on May 19, tested Covid-19 positive. Nine of his contacts at the Rail Bhavan had been home quarantined.Offices at fourth floor of Rail Bhavan will remain close till Friday for thorough disinfection
First there was JobSeeker, then JobKeeper - now it's JobMaker
Scott Morrison has signalled more federal control over skills training, accusing the states of running a system that is complex, clunky and unresponsive.
50 insiders reveal all on a massive shakeup at elite law firm Boies Schiller
Pay rifts, a partner divide, and transparency are key issues behind some partners leaving elite law firm Boies Schiller. Now BSF is re-making itself.
Liz Weston: Find free, solid money advice in uncertain times
If you have money questions — and who among us doesn’t right now? — there are plenty of people willing to offer advice: friends, relatives and random strang
Pakistan plane crash: Crashed PIA plane’s pilot ignored 3 warnings to lower altitude, says report
The probe team, headed by Air Commodore Muhammad Usman Ghani, President of the Aircraft Accident and Investigation Board, is expected to submit a full report in about three months.
Rhumbline Advisers Increases Stock Position in Fox Corp (NASDAQ:FOX)
Rhumbline Advisers boosted its stake in shares of Fox Corp (NASDAQ:FOX) by 9.8% in the first quarter, HoldingsChannel.com reports. The fund owned 264,628 shares of the company’s stock after purchasing an additional 23,633 shares during the period. Rhumbline Advisers’ holdings in FOX were worth $6,055,000 at the end of the most recent reporting period. Other […]
Neobank N26 Executive Predicts there will be As Many Digital Bank Accounts as Traditional Ones, but Global Fintech Reports Suggest Otherwise
Digital banks are on track to serve as many clients in Ireland as traditional banking service providers, according to N26, an all-digital challenger t
Coronavirus: Invest in health to end pandemic - WHO charges world leaders
As the world faces the challenges of coronavirus crisis, the World Health Organisation says 106,000 cases were reported on Tuesday, May 19 - the most in a day.
German gov't to climb aboard at Lufthansa in virus rescue
(UPDATED) To help Lufthansa, the German government offers a 3-billion-euro loan and 5.7 billion of 'silent' capital. It also seeks to buy 20% of the company for 300 million euros.
Mackay Shields LLC Invests $1.78 Million in Axon Enterprise Inc (NASDAQ:AAXN)
Mackay Shields LLC acquired a new position in shares of Axon Enterprise Inc (NASDAQ:AAXN) during the first quarter, Holdings Channel.com reports. The fund acquired 25,200 shares of the industrial products company’s stock, valued at approximately $1,784,000. A number of other institutional investors and hedge funds also recently modified their holdings of AAXN. Wealth Quarterback LLC […]
50 insiders reveal all on a massive shakeup at elite law firm Boies Schiller
A massive transformation is taking place at elite litigation powerhouse Boies Schiller Flexner.
Bank of Israel leaves rates unchanged, sees less economic damage in 2020
JERUSALEM (Reuters) - The Bank of Israel left its benchmark interest rate ILINR=ECI at 0.1% on Monday, saying economic damage from the coronavirus outbreak was likely to be less than initially feared.
Kotak Mahindra Bank cuts interest rates for savings accounts to 3.50%, effective from today; applicable on balance up to Rs 1 lakh
The change in interest rates at Kotak Mahindra Bank comes after the Reserve Bank of India on Friday reduced the repo rate by 40 basis points to 4 percent from 4.4 percent earlier.
Drones come to rescue as Covid-19 pins down Irish service sector
News News: DUBLIN: Manna Aera, an Irish drone company, has come to the rescue of countless people as the delivery sector is still down in Ireland due to Covid-19.
China's Water Forests Bring an Artificial Order to Nature
And offer tranquility among "living fossils."
Maintenance process set in motion at Jubilant Generics
90 employees called to work today to prepare machines for drug production Mysore/Mysuru: Nanjangud-based Jubilant Generics, an extended arm of Jubilant Life Sciences, has been preparing to start operations. The company which was shut due to COVID-19 will resume operations soon with the guidelines by Indian Council for Medical Research (ICMR). The State Government has...
AE Wealth Management LLC Raises Holdings in Axon Enterprise Inc (NASDAQ:AAXN)
AE Wealth Management LLC lifted its holdings in shares of Axon Enterprise Inc (NASDAQ:AAXN) by 8.9% during the first quarter, according to its most recent disclosure with the SEC. The fund owned 3,137 shares of the industrial products company’s stock after acquiring an additional 256 shares during the period. AE Wealth Management LLC’s holdings in […]
Oppenheimer Asset Management Inc. Has $831,000 Stake in Spirit Realty Capital Inc (NYSE:SRC)
Oppenheimer Asset Management Inc. raised its stake in shares of Spirit Realty Capital Inc (NYSE:SRC) by 56.5% in the first quarter, according to its most recent 13F filing with the SEC. The fund owned 31,797 shares of the real estate investment trust’s stock after purchasing an additional 11,473 shares during the period. Oppenheimer Asset Management […]
AirAsia India opens domestic flight bookings for passengers; will fly to 21 destinations; details
With the announcement of resumption in domestic flight operations, AirAsia India has resumed its operations and will fly to 21 destinations in the country.
Hockey legend Balbir Singh Senior's wish to see his lost memorabilia remains unfulfilled
For last eight years he left no stones unturned to regain his lost memorabilia, which he had donated way back in 1985 to the Sports Authority of India, but Hockey legend Balbir Singh Sr's last wish
Jobless benefit requests by Portugal's young spike 52% during pandemic
LISBON (Reuters) - The number of Portuguese young people requesting jobless benefits spiked 52% last month from a year earlier, way above the increase for other age groups, amid the coronavirus lockdown, data showed on Monday
No crying over spilt milk as advisers focus on Virgin bid
Jayne Hrdlicka could be Virgin's next CEO or chairman if Bain is successful in its bid for the airline. Interestingly, she's still on the payroll of her former employer.
RBI And MPC Should Junk Monetary Policy Calendar In Times Of Covid-19, Act Preemptively To Avert Crisis
The problem is not what the RBI will or will not do, but it is more to do with the timing.
Ikea introduces new shopping rules as 19 stores reopen to the public
The furnishings retailer will reopen 19 stores across England and Northern Ireland on Monday, June 1, with click & collect services alsoopeningin a phased approach
Oppenheimer Asset Management Inc. Has $716,000 Stock Position in Texas Roadhouse Inc (NASDAQ:TXRH)
Oppenheimer Asset Management Inc. lifted its position in Texas Roadhouse Inc (NASDAQ:TXRH) by 14.3% in the first quarter, Holdings Channel.com reports. The institutional investor owned 17,340 shares of the restaurant operator’s stock after purchasing an additional 2,163 shares during the period. Oppenheimer Asset Management Inc.’s holdings in Texas Roadhouse were worth $716,000 as of its […]
PM steps in on vocational education, pushing more federal control
Scott Morrison has signalled more federal control over skills training, accusing the states of running a system that is complex, clunky and unresponsive.
Aigen Investment Management LP Sells 75,814 Shares of Marathon Oil Co. (NYSE:MRO)
Aigen Investment Management LP trimmed its position in Marathon Oil Co. (NYSE:MRO) by 37.4% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 126,780 shares of the oil and gas producer’s stock after selling 75,814 shares during the period. Aigen […]
Breaking: Africa Top Brands: MTN, Dangote emerges most admired African brands
MTN, Dangote has emerged the most admired African brands at the 10th Brand Africa 100, Africa's Top Brands anniversary.
Hospitals flush with cash got billions in coronavirus bailouts
The feds have given more than $5 billion in grants to 20 big hospital chains that already had more than $108 billion in cash.
6,668 Shares in AmerisourceBergen Corp. (NYSE:ABC) Acquired by ETRADE Capital Management LLC
ETRADE Capital Management LLC purchased a new stake in AmerisourceBergen Corp. (NYSE:ABC) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 6,668 shares of the company’s stock, valued at approximately $590,000. Other hedge funds also recently added to or reduced their stakes in […]
Bayer, Lufthansa drive gains in Europe amid holiday-thinned trading
European stocks rose to kick off the week on Monday, albeit with the action thinned by holidays in the U.K. and the U.S.
Mexico can benefit from Chinese economic slowdown, Lopez Obrador says
MEXICO CITY, May 25 — A slowdown in China’s economy this year should allow Mexico to attract more investment, lure companies and create jobs, Mexican President Andres Manuel Lopez Obrador said today. Speaking at a regular government news conference, Lopez Obrador pointed to forecasters’...
Want to buy car or bike for social distancing? These points will guide you
A recent survey by Capgemini’s Research Institute shows that 57 per cent of Indian consumers are considering a car purchase to avoid future public transport.
NAB's rod for its own back
NAB will reveal the results of a share purchase plan that might be heavily oversubscribed on Wednesday.
Business gives Ramaphosa’s plan to reopen economy the thumbs up
South African business leaders lauded the government’s plan to substantially ease a nationwide lockdown that’s crippled the economy, even as the number of the coronavirus cases grows exponentially.
A fleet of these quirky-looking bikes will soon be hitting the streets of Nottingham
The cycles are already popular in Holland, Germany and Denmark
India needs comprehensive law on coronavirus to replace maze of piecemeal guidelines, clarifications; UK, Singapore offer examples
In the absence of a comprehensive legislation dealing with coronavirus, litigants are flocking to courts across the country seeking clarity and protection as a result of these unprecedented circumstances.
Americans spend holiday at beaches and parks as virus death toll nears 100,000
The New York Times filled its entire front page with the names and selected details of 1,000 victims on Sunday
Vedanta’s delisting plan: What choice do shareholders have?
The price of ₹87.5 per share indicated by the company may be too low; but investors have the choice of placing their bids higher
Beaches packed on sunny Bank Holiday Monday
Large crowds of people have gathered again on beaches up and down the UK.
Coronavirus | Rail Bhavan to shut down for 2nd time in fortnight after another COVID-19 case
Offices at fourth floor of Rail Bhavan will remain close till Friday for thorough disinfection, an order said.
Citi warns that coronavirus may push 31 million women into unemployment and knock $1 trillion from world GDP
Global GDP could shrink as much as $1 trillion if a predicted 31 million women lose their jobs during the coronavirus pandemic, Citi has warned....
Mixed Bag Of Weather For The Coming Days
MetService is forecasting unsettled weather for many as several fronts affect the country over the next few days.
EU must present united front to shield pandemic-hit banks: regulator
FRANKFURT (Reuters) - European countries need to join forces to shield their banks from the coronavirus outbreak, one of the bloc’s top regulators said on Monday, potentially using a 500 billion euro ($545 billion) EU recovery fund to do so.
Realme 10000mAh Power Bank 2 with 18W two-way fast charging launched
Realme held a launch event today in India where the much-touted Realme Smart TV was launched alongside the Buds Air Neo TWS earbuds and the Realme Watch, the brand’s first smartwatch. The Chinese brand also announced a new Realme Power Bank 2 with a 10000mAh high-density Lithium polymer battery which the company claims has less …
Lottery throws millions more at dodgy projects
The National Lotteries Commission has refused to disclose its beneficiaries. But we found them. By Raymond Joseph and Anton van Zyl
Central Bank warns people of four unauthorised financial firms in operation
The Central Bank says Aran Asset Management, MSIM Fund Management, and CMS ICAV have cloned the details of already existing firms.
Bithumb Names Back Young Heo as Its New CEO
South Korean crypto exchange Bithumb has promoted Back Young Heo as its new chief executive officer (CEO).
ETRADE Capital Management LLC Sells 5,934 Shares of Valero Energy Co. (NYSE:VLO)
ETRADE Capital Management LLC reduced its holdings in Valero Energy Co. (NYSE:VLO) by 36.0% in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 10,555 shares of the oil and gas company’s stock after selling 5,934 shares during the quarter. ETRADE Capital Management […]
Darden Restaurants (NYSE:DRI) Price Target Raised to $88.00
Darden Restaurants (NYSE:DRI) had its price objective upped by KeyCorp from $75.00 to $88.00 in a report published on Thursday morning, BenzingaRatingsTable reports. They currently have an overweight rating on the restaurant operator’s stock. Other equities research analysts have also issued reports about the stock. Goldman Sachs Group upgraded shares of Darden Restaurants from a […]
Hertz files for US bankruptcy protection as car rentals evaporate in pandemic
The firm, whose largest shareholder is billionaire investor Carl Icahn with a nearly 39 percent ownership stake, is reeling from government orders restricting travel and requiring citizens to remain home.
Kevin Roberts' cricket crisis evaporates
In his striking alienation from clarity, Cricket Australia chief executive Kevin Roberts remains an astonishing figure.
Fixed Exchange Rate: More harm than good
The Reserve Bank of Zimbabwe suspended the new managed floating exchange rate and introduced the fixed exchange rate of 1 US Dollar to 25 Zimbabwean Dollars on ...
GBP/USD clings to modest gains, bulls await a move beyond 1.2200 mark
The GBP/USD pair edged higher through the early North American session and was last seen trading near the top end of its daily trading range, just bel
Genting Malaysia Bhd to undertake MSS, VSS for employees in Covid-19 restructuring exercise
KUALA LUMPUR, May 25 — Genting Malaysia Bhd (GENM) announced today it will undertake mutual and voluntary separation schemes for its employees to further mitigate the adverse financial impact from the ongoing Covid-19 pandemic. In an internal memo circulated to its employees sighted by Malay...
Scott Sumner On The Government's Response To COVID-19 And The Future Of Level Targeting
The Fed needs to be more aggressive addressing the macroeconomic problems stemming from COVID-19, and adopting a level target may be one solution. Scott Sumner
Coronavirus: Pandemic puts paid to Carnoustie panto
The pandemic has had an early impact on Courier country’s panto season.
USD/MXN: Slight relief for the peso – CIBC
The initial market reaction to Banxico’s cut to 5.5% suggests that the decision was not more dovish than investors were expecting, according to analys
ETRADE Capital Management LLC Sells 1,830 Shares of Allergan plc (NYSE:AGN)
ETRADE Capital Management LLC cut its position in shares of Allergan plc (NYSE:AGN) by 36.6% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 3,173 shares of the company’s stock after selling 1,830 shares during the quarter. ETRADE Capital Management LLC’s […]
Commercial real estate to move northwards in Tier 2 markets post Covid-19
Factors like good location, easy accessibility, improvement in basic infrastructure, increased connectivity with suburbs and the availability of skilled manpower have turned smaller cities into an attractive business destination.
Social distancing in home selling: How Lehigh Valley real estate agents are adapting to new reality
The housing market scene might soon resemble more of a hospital and less of a home but Lehigh Valley real estate agents say these measures are going to be crucial moving forward amid the COVID-19 pandemic.
Crashed PIA plane's pilot ignored 3 warnings to lower altitude: Report
The pilot of the Pakistan International Airlines (PIA)'s crashed plane ignored three warnings from the air traffic controllers about the aircraft's altitude and speed before the landing, saying he
S&P/TSX composite starts week higher, U.S. stock markets closed for holiday
TORONTO — Canada's main stock index started the trading week by moving higher, fuelled by gains in the financial and industrial sectors. The S&P/TSX composite index was up 94.85 points at 15,008.49. U.S.
Synchrony Financial (NYSE:SYF) Shares Sold by ETRADE Capital Management LLC
ETRADE Capital Management LLC reduced its stake in shares of Synchrony Financial (NYSE:SYF) by 20.4% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 33,834 shares of the financial services provider’s stock after selling 8,693 shares during the quarter. ETRADE Capital Management LLC’s holdings […]
Germany mulls €50,000 a month for stricken firms
FRANKFURT AM MAIN, May 25 — Germany’s economy ministry today unveiled plans to ramp up support for hard-hit smaller companies, proposing as much as €50,000 (US$54,000) in monthly aid to help the nation’s vaunted “Mittelstand” survive the coronavirus crisis. The proposal, seen by AFP, is...
Massive amount of drugs, alcohol and cash confiscated in Komatipoort
Drugs, alcohol and cash with an estimated street value of R10 million were confiscated this morning at the Lebombo Border Post.
Covid-19: Anand Mahindra says extended lockdown will have damaging psychological impact on people
‘The numbers will continue to rise and the focus must be on rapid expansion of field hospital beds with oxygen lines,’ the businessman said.
Egypt plans EGP 19bn investments in petrochemical projects
Cairo - Mubasher: The Egyptian Ministry of Petroleum and Mineral Resources is considering the implementation of 11 new petrochemical projects at a total value of around EGP 19 billion, Minister of Petroleum and Mineral Resources Tarek El-Mulla …
CBD Melbourne: Some free advice for private equity giant Bain
Jayne Hrdlicka could be Virgin’s next CEO or the chairwoman if Bain Capital is successful in its bid for the airline. Interestingly, she's still on the payroll of her former employer.
ETRADE Capital Management LLC Purchases New Holdings in Docusign Inc (NASDAQ:DOCU)
ETRADE Capital Management LLC acquired a new stake in Docusign Inc (NASDAQ:DOCU) in the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 5,364 shares of the company’s stock, valued at approximately $496,000. Several other hedge funds and other institutional investors have also added to […]
Celsius: Hold On For The Ride
Celsius's potential TAM is massive and should support many years of strong growth. Even with COVID-19 substantially disrupting marketing, the company is still s
Africa's COVID-19 recovery should harness the benefits of nature and conservation
Today, as we celebrate International Day of Biodiversity, the global community is called to re-examine our relationship to the natural world. We celebrate this day in the midst of the COVID-19 pandemic ...
Indian Tea industry suffers loss of Rs 2100 crore in WB and Assam
Kolkata: The tea industry in two states, West Bengal and Assam is staring at a loss of around Rs 2,100 crore due to the Covid-19 pandemic as production has dipped by a whopping 65 percent in the past two months.
EUR/GBP alternates gains with losses near 0.8950
The now better mood in the British pound is forcing EUR/GBP to ease some ground following last week’s peaks in the 0.9000 neighbourhood. EUR/GBP faile
Refunds likely to bury retail boost from pent-up demand
For shell-shocked consumers, mass job losses and emptier social calendars mean cash will prove more alluring than unused purchases.
Won't rest until every single migrant worker reaches home: Sonu Sood
Sonu has been feeding more than 45,000 people every day in Andheri, Juhu, Jogeshwari, and Bandra.
Western Australia storm: 50,000 homes without power as state battered by wild weather
Remnants of ex-Tropical Cyclone Mangga whip up 100km/h wind gusts, dust storms and heavy rain as Perth and state’s south prepares for onslaught
Singapore Airlines reinforces commitment to NZ during COVID-19 crisis
The airline is swapping passengers for cargo.
Veterans' unemployment during coronavirus outpaces rest of US
As states continue to slowly ease coronavirus-related restrictions and reopen their economies, millions continue to be impacted by job losses, particularly veterans.
Lion to bring 'healthy alcohol' to Australia
White Claw built a $2.5 billion segment in the US known as "hard seltzer", with lower calories and sugar, and is now headed to Australia.
NiMet predicts sunny thundery weather, May 25 to May 27
The Nigerian Meteorological Agency (NiMet) has predicted sunshine and thunderstorms across the country from Monday to Wednesday.
WSSCC Names New Executive Director
GENEVA, May 25, 2020 /PRNewswire/ -- The Water Supply and Sanitation Collaborative Council (WSSCC) and UNOPS announce the appointment of Mr Domini...
Economists See China Holding Stimulus in Check Amid Uncertainty
(Bloomberg) — Economists broke down China’s annual policy-document dump and concluded that Beijing is holding stimulus measures in reserve in case the global impact of the coronavirus pandemic worsens significantly.
Germany's top court to rule on compensation for Volkwagen 'Dieselgate' scandal
Almost five years after Volkswagen's admission to cheating on regulatory emissions tests involving millions of cars, Germany's top court will on Monday finally rule in a battle over compensation for…
Eid-el-Fitri: Hon Legor celebrates with Muslim community
The Federal lawmaker noted that the Holy Month of Ramadan, which started a month ago with fasting by Muslim faithful, is a period of prayers
COVID-19 raises posers over business interruption underwriting
FOLLOWING the lockdown across the country on the backdrop of the coronavirus, COVID-19, pandemic which crippled econo
Top German court to rule on VW 'Dieselgate' compensation
Almost five years after Volkswagen's admission to cheating on emissions tests involving millions of diesel engined cars, a top German court will on Monday finally rule in a battle over compensation for tens of thousands of affected owners.
DPIIT to seek nod for startup credit scheme, seed fund
Since the launch of the Startup India initiative on January 16, 2016, the DPIIT has recognised 28,979 startups as of March 1, 2020. Of these, 27,137 startups employed around 337,000 people.
Virus restrictions leave Norwegian winner of Iditarod stranded in Alaska
Thomas Waerner won this year’s Iditarod Trail Sled Dog Race in March, but he is still waiting to return to his home in Norway. Waerner and his 16 dogs have
UNILAG centre seeks investment in housing
With housing taking a focal point in response to CoVID-19 pandemic, the Centre for Housing and Sustainable Development (CHSD), University of Lagos has advised the Federal Government to ensure investment in short-term housing.
ASX 200 Index: Australian shares start out the week 1.5% higher
Australian shares have started the week on the front foot, despite the growing concerns over the US and Chinese relations. Instead, markets are gearin
CIBN outgoing President advocates ethical leadership in banks
THE outgoing President/Chairman of Council of The Chartered Institute of Bankers of Nigeria, CIBN, Dr. Uche Olowu, has
LS C&S receives international standard certification for photovoltaic cable
LS Cable & System said Monday its photovoltaic cable has received international standard certification from Germany’s TUV SUD, a global certification authority. TUV SUD assessed that LS C&S’ 1,500 voltage direct current solar cables conform to functions and safety standards of International Electrotechnical Commission and European Standards, according to the cable maker. The firm expects the c...
RBA to update transaction processing and settlement system for new payment streams | ZDNet
The Reserve Bank wants to be able to manage transactions for settlement in various domestic payment streams such as the New Payments Platform.
Atlassian has released its COVID-19 survey to the public, as it encourages other organisations to use surveys to find how workers are coping with the pandemic
Software giant Atlassian has been using an internal survey tool to help determine how employees have been feeling as they work from home during the coronavirus pandemic. The survey has helped the company see what its workers need and what it can do to support them.
Alibaba Drops After Projecting Slowing Growth in Uncertain Times
Alibaba Group Holding Ltd. slid after projecting revenue growth will slow this year, reflecting post-Covid 19 economic uncertainty at home as well as the potential for U.S.-Chinese tensions to disrupt its business.
[ANALYSIS] Why make the poor pay for the coronavirus response?
'It’s all a bizarre repeat of TRAIN where the poor are made to pay more so the rich can pay less. This time around, amid the COVID-19 crisis, the rich will benefit from the biggest corporate tax break in Philippine history.'
Shareholders set agenda for new SEC management
SHAREHOLDERS in the nation’s capital market have placed the 10-year Capital Market Master Plan, CMMP, on the front b
US DoD Slams NYT Article Claiming Military is ‘Celebrating White Supremacy’
On Saturday, The New York Times published an opinion article that accuses the US Defence Department of “celebrating white supremacy” and calls on the DoD to “rename...
Australia’s international trade took a dive in April
The ABS has released preliminary international trade data for April, which has registered solid falls in both imports and exports:
‘Worried, but work comes first’: Flight attendants return to duty as domestic air services resume in fourth phase of coronavirus lockdown
Flight attendants on early Monday morning arrived at Indira Gandhi International (IGI) airport, Terminal-3, as domestic air services resumed from today
Delhi's First Departure is to Pune, Mumbai's to Patna as Domestic Flight Ops Resume After 2 Months
Both the flights were operated by IndiGo. While the Delhi-Pune flight departed at 4.45 AM, the Mumbai-Patna flight took off at 6.45 AM today.
Globe and Mail: Canadian PM Trudeau asks bank CEOs for views on economy, coronavirus relief – Reuters
Early Monday morning, Reuters came out with the news, relying on the Globe and Mail, to convey that Canadian PM Just Trudeau seeks guidance to determi
State has been a huge let-down
A minimalist state is all very well, but what about providing services such as health and education?
Reliance’s JioMart live across India: Important details about the Amazon, Flipkart’s rival
Currently, JioMart is available as a web version but the mobile version is expected to be available very soon. No official words from Reliance as of yet. Reliance has officially launched JioMart in the country across almost all regions.
Smartphones: the perfect gateway into the trading world [Sponsored]
It used to be the preserve of the financial expert or city worker, but trading in stocks and shares has recently become accessible to...
How to reschedule T20 World Cup? ICC committee debates in BCCI's absence
Cricket News: "It was first suggested to postpone this year's edition (T20 World Cup) to February-March next year. That's not a possibility anymore. Then it was sug
Australia's exports fell 12% in April
The value of both Australian exports and imports decreased in April 2020 although demand for resource commodities remained strong, according to the la
Gold Price Analysis: XAU/USD down by $6 in Asia, weekly chart shows bullish trend exhaustion
Gold, a safe-haven asset, is flashing red at press time even though the growth-linked currencies like the Aussie dollar are struggling to gain altitud
This Australian founder made $25 million from the COVID-19 pandemic
Jeromy Wells, the chief executive and founder of listed cloud communication platform and workflow software company Whispir, denies COVID-19 is the best thing that has ever happened to him.
New 'ShopKiwi' website encourages shoppers to support local businesses
The website offers free sign-up for NZ owner-operator businesses.
Lockdown 4.0: Flight attendants back to duty as domestic services resume
Domestic flight operations resumed across the country from today except in Andhra Pradesh and West Bengal, after two months of suspension
State Governments face unprecedented financial crisis
The report stated as follows: “the states were expecting to share N3.3 trillion from the Federation Account during the year, they
Coronavirus lockdown: Lessons from 18-century Rajput states about helping distressed citizens
Rulers exempted subjects from paying taxes, funded public workers, offered agricultural loans and instructed moneylender to refrain from calling in loans.
Crowdfunding projects help virus-hit businesses in Japan
Fundraisers in crowdfunding plans often provide donors with meal discount tickets and premium accommodation vouchers.
UoN to get lion’s share of Sh6.6bn salary raise
Parliament approved the payment in a supplementary budget last month.
Crisis-hit IL&FS plans to divest its 26% stake in OTPC, invites bidding
In terms of eligibility for bidding, corporate bodies should have a minimum net worth of Rs 150 crore as per the audited balance sheet as of March 31, 2019 or later
Moving production lines out of China is uneasy
Taiwan-based electronic component supply chain makers have come under pressue to move production lines out of China in the wake of the US-China trade war and coronavirus pandemic, but they have claimed relocation is not easy mainly because of the high cost incurred.
Why Target ended up a $3.6b black hole
It's a constant in Australian retail that Target and Kmart didn't fire at the same time, even before the arrival of fast fashion retailers and online shopping.
Southwest monsoon expected to reach Mumbai between June 15-20
The monsoon season is upon Maharashtra and the state is bracing for its impact amid the coronavirus pandemic. The head of Regional Specialised Meteorological Centre, Rajendra Kumar Jenamani informed that the city will likely witness monsoon between June 15 and 20.
How to find out when your home will be worth £1million
Zoopla has a calculator which will tell you which year your property's value will hit the million pound mark
Debt of consumer discretionary firms faces a downgrade
Ratings firm Crisil has forecast that consumer discretionary services and products are expected to be worse hit by the Covid-19 disruptions.
Reverse migration can spur housing demand in tier 2 and 3 cities post COVID-19: ANAROCK report
One significant trend may be reverse migration spurring housing demand in Tier 2 & 3 cities, says the ANAROCK report.
PNP to go hammer and tongs vs 405 for SAP aid anomalies
PHILIPPINE National Police Criminal Investigation and Detection Group director, Major General Joel Napoleon M. Coronel, yesterday said a total of 405 persons are under fire for their alleged involvement in anomalies regarding the distribution of Social Amelioration Program (SAP) cash subsidy.
Slump in consumption, exports push Germany into recession in Q1
BERLIN, May 25 — A slump in capital investments, private consumption and exports pushed the German economy into a recession in the first quarter, detailed data showed today, giving a glimpse of the damage caused by the coronavirus pandemic. The Federal Statistics Office said capital investments...
COVID19: Pulitzer winning Indian-origin physician, compatriot in NYS commission on economic recovery
Mr. Cuomo on Sunday announced that the state’s Blue-Ribbon Commission, chaired by former Google CEO Eric Schmidt, will also focus on improving telehealth and broadband access using new, innovative technologies.
Beijing Opposes All US Restrictions on Chinese Airlines, Foreign Ministry Says
The statement comes in response to a report that the US Transportation Department ordered four Chinese airlines to file their schedules by 27 May. The American...
China: Fiscal stimulus to add 3.2ppt to GDP growth in 2020 – Standard Chartered
Economists at Standard Chartered Bank quantify the impact of the Chinese fiscal stimulus as the 2020 budget amounts to a fiscal stimulus of 5.2% of GD
Whether To Give Up Dumpster Diving
I discuss the news that Tuesday Morning could file for bankruptcy this week. I reflect on the prospect of quitting 'dumpster diving.' I share a painful lesson o
McDonald's reveals plan to open more branches
The fast food giant has only reopened a small number of branches in the south east of England - but its CEO says it has 'not forgotten' about the rest of the country.
Crashed Pakistan plane’s pilot ignored 3 warnings to lower altitude: Report
The report said that the plane had enough fuel to fly for two hours and 34 minutes, while its total flying time was recorded at one hour and 33 minutes.
Melon-aires not required as Japan premium fruit prices plunge
A pair of premium Japanese melons sold Monday for just a slice of the five million yen ($46,000) reached at auction last year, as the coronavirus bites hard.
Total and Gaussin Developing World’s 1st Full Electric Aircraft Refueller Transporter
Electric Aircraft Refueller Transporter, equipped with two 30 tons fuel tanks (artist rendering – courtesy of Gaussin) Gaussin S.A. (Héricourt, France) an
Services to resume in New Jersey county where rabbis were first to end communal prayer - US & Canada
Services to resume in New Jersey's Bergen County, where rabbis were first to end communal prayer.
With suitcase and bikini emojis, Spain urges tourists back from July
Spain urged foreign holidaymakers on Monday to return from July as one of Europe's strictest lockdowns eased, but tourism businesses were sceptical about salvaging the summer season. "It is perfectly coherent to plan summer vacations to come to Spain in July," Tourism Minister Reyes Maroto
Sukhoi Su-35 set to join Egyptian Air Force as Russia begins production as per deal | World News
Sukhoi Su-35, the 4++ Generation supersonic multirole Russian fighter will soon join the Egyptian Air Force. Russian news agency TASS … Sukhoi Su-35 set to join Egyptian Air Force as Russia begins production as per deal | World News Read More »
EUR/USD: The global outlook points to be positive for the euro – Danske Bank
While EUR/USD briefly went above 1.10 last week, the cross ended lower on the potential for a renewed US-China skirmish and EU hashing out its interna
On Day 1, Chennai airport to receive 16 flights
A Delhi-bound Indigo Airlines with 116 passengers was the first flight to be operated from the airport here today when the country resumed domestic air services, officials said. Continue Reading →
Supply disruption in China a great opportunity for India: USIBC's Nisha Biswal
The amount of new spending in the economic relief package is relatively low, about 1-2% of India’s GDP, which is far lower than the stimulus packages announced in the US and other major economies
States will have to seek permission to employ workers from Uttar Pradesh, says Adityanath
The chief minister also announced a migration commission to ensure employment for workers within Uttar Pradesh.
Hair salons could safely reopen at end of June, industry body says
Federation calls for earlier reopening with strict health restrictions in place
JobKeeper fuels 'major hunger' for new sneakers
Young Australians flush with JobKeeper cash are leading a boom in discretionary online spending, retailers say.
Nation Media Issues Profit Warning As Covid-19 Effects Eat Into Revenues
The Nation Media Group (NMG) on Friday issued a profit warning to its investors, citing reduced revenues due to the effects of Covid-19 pandemic.In a statement to shareholders, NMG chairman Wilfre
Report warns of major tax shortfall due to drop in household spending
The COVID-19 crisis could see indirect tax revenue fall by up to €6.7bn this year.The Economic...
Duty-free booze bonanza for Australians under new proposal for 'Trans-Tasman bubble' travel
Under existing limits, travellers can purchase more duty-free alcohol when visiting New Zealand than they can when travelling to Australia.
Route cleared for GasLink
Clearing for the first two spreads of Coastal GasLink pipeline construction through the Peace region is nearly complete.
'Could have planned better': Ex-RBI Governor C Rangarajan rues migrant crisis due to lockdown
He feels provision for some kind of cash dispensation is necessary, saying the government could cut some other expenditures, perhaps towards administration or travel
Jharkhand to begin evaluation of Class 10, 12 answer sheets from 28 May; teachers to follow social distancing norms, use masks and sanitisers
The evaluation of matriculation and intermediate examination answer sheets in Jharkhand will begin from 28 May, the Jharkhand Academic Council (JAC) decided in accordance with instructions by the state education department
Biden wants Amazon to 'start paying their taxes'
Former Vice President Joe Biden has renewed his criticism of e-commerce giant Amazon, once again turning the company into a political football that has been kicked around by presidential candidates on ...
An office designer explains how workplaces will change after the coronavirus – and, yes, hot desking is dead
When it’s all said and done, hot desking will be the least-mourned casualty of the coronavirus.
Landlords worry about COVID-19 impact on commercial properties
Maureen Ihua-Maduenyi Commercial landlords are increasingly concerned about the economic impact of the coronavirus pandemic on their tenants and property portfolio, a new report has said. The rep...
Coronavirus impact: Time for employers to up skill employees
For the quantum growth of the economy, investments in education and skilling of informal workers are key, especially because a huge share of population has very little skills
Real Madrid pounce on Barcelona target by paying 25 million to his agent
Real Madrid are flexing their financial superiority over Barcelona again. Barcelona and Real Madrid will once again be active customers in the transfer mar...
USD/JPY clings to gains near 50-day SMA, bulls await a move beyond 108.00 mark
The USD/JPY pair edged higher on Monday and was last seen trading near the top end of its daily trading range, around the 107.70-75 region. The pair m
Brother of Linwood man missing for 10 years: "I sometimes dream he's come home"
Stuart Dallas says he still finds himself looking online for his brother Edward Dallas, 47, who vanished in 2010 and hasn't been seen since.
Suncor - Immediate Action Will Mean Stronger Returns
Suncor Energy is an incredibly well positioned Canadian oil major. The company's FFO / share is better than most oil majors. The company's financial health is q
WA should relax grip on pubs and restaurants to allow 100 patrons: Liza Harvey
WA Opposition Leader Liza Harvey wants WA to relax restrictions on pubs, restaurants and cafes by lifting the number of permitted patrons from 20 to 100 and abolishing the four-square-metre rule.
GBP/USD: No reasons for sterling to spring back up
While Brits are enjoying their spring bank holiday – albeit under lockdown restrictions – sterling may continue suffering, according to FXStreet’s ana
How Singapore, India are contributing to a coronavirus vaccine race
Singapore has started to re-open some but limited businesses and social activities ahead of the official "circuit breaker" end date of June 1
WA should relax grip on pubs and restaurants to allow 100 patrons: Liza Harvey
WA Opposition Leader Liza Harvey wants WA to relax restrictions on pubs, restaurants and cafes by lifting the number of permitted patrons from 20 to 100 and abolishing the four-square-metre rule.
Virus-hit Fiji Airways cuts workforce by half
Pandemic-hit Fiji Airways fired more than half its workforce Monday, as travel restrictions put the islands' vital tourism sector in deep freeze and reduced the national carrier's revenue to "virtually ...
South Africa coronavirus: Eased lockdown splits opposition, over 11K recoveries
From the area of testing through to record number of recoveries, South Africa has been praised for pro-activeness in combating the virus.
COVID-19: US to provide USD 6 million to Pakistan to fight coronavirus
The embassy said that the US government has now committed a total of USD 21 million since it declared Pakistan a priority country for coronavirus response'.
Tokyo stocks rally on hopes for economic restart amid pandemic
Tokyo stocks rebounded Monday on hopes that Japan's economy will soon restart as the government is set to lift a state of emergency in the capital declared over the coronavirus pandemic. The 225-issue Nikkei Stock Average ended up 353.49 points, or 1.73 percent, from Friday at 20,741.65. The broader Topix…
Duty-free booze bonanza for Australians under new proposal for 'Trans-Tasman bubble' travel
Under existing limits, travellers can purchase more duty-free alcohol when visiting New Zealand than they can when travelling to Australia.
Nissan, Renault to disclose plan to slash production due to Covid shutdowns
The moves are set to undo the growth strategy pushed earlier by Carlos Ghosn, former leader of both companies, to sell around 14 million cars by 2022
Chaos reigns at airports as domestic flights take off after 2-month gap
Tweaking of flight schedules led to cancellation of several flights
Asian stocks subdued after China imposes new law on Hong Kong
Global financial markets already struggling to deal with huge economic uncertainty
EUR/USD: Time to buy a ticket for the 1.20 level – Nordea
It is probably too optimistic to expect both common EU debt and a widespread regulatory roll back, but it may be worthwhile buying a EUR lottery ticke
KBC staff sue over pension funds
Broadcaster says it’s unable to pay the sum at once.
India resumes domestic flights amid confusion over Covid-19 rules
Individual states apply varying coronavirus restrictions – from 14-day quarantine to case-by-case assessment of symptoms
The U.S Lauded Pakistan’s Assistance in Fighting COVID-19
The United States has thanked Pakistan for its donation of protective gear and surgical masks to support the fight against coronavirus. In a Tweet, the US Secretary of State Mike Pompeo appreciated Pakistan’s goodwill donation of surgical masks and protective suits to the Federal Emergency Management Agency. He said this delivery is a symbol of […]
We’re evaluating new food trends that gained momentum during lockdown: ITC’s Hemant Malik
Significant uptick in essentials; salience for larger-size packs
Huawei Reportedly Issues Chip Supply Request to Samsung as It Braces for More US Pressure
Last week, US officials reportedly indicated that they may further tighten the rules that aim to cut the Chinese tech giant Huawei off from global chip sales.
Confusion prevails over online sale of liquor
No online service providing agency will be entrusted with liquor trade. Liquor shop owners will take orders from 7 am to 1 pm and deliver the product home within 7 pm.
Deficit monetisation: Is it really as simple as RBI printing more money?
India has a comfortable foreign exchange reserves of $487 billion currently.
ACTU lays out demands for Virgin bidders
With binding bids for Virgin due to administrator Deloitte on June 12, ACTU president Michele O'Neil says the union bloc will not budge on worker entitlements.
JobKeeper blunder may have forced up debt costs by $180m
The Morrison government may have overpaid in a bond market that was anticipating a $130 billion JobKeeper program.
Supersonic Tejas aircraft to be inducted 27 May
Chief of Air Staff Air Chief Marshal R K S Bhadauria will operationalise the No 18 Squadron ‘Flying Bullets’ of the Indian Air Force on 27 May with the induction of supersonic LCA Tejas aircraft. The event will be held at Air Force Station, Sulur near Coimbatore. Continue Reading →
Delhi heatwave to continue, temperatures will cross 45 degrees Celsius: IMD
The met department has issued a red alert in Delhi today due to the heatwave.
WA should relax grip on pubs and restaurants to allow 100 patrons: Liza Harvey
WA Opposition Leader Liza Harvey wants WA to relax restrictions on pubs, restaurants and cafes by lifting the number of permitted patrons from 20 to 100 and abolishing the four-square-metre rule.
NIDCOM lists items allegedly ‘carted away’ by communications minister
Kayode Oyero The Nigerians in Diaspora Commission has released a list of items allegedly “carted away” by the Minister of Communications and Digital Economy, Isa Pantami, after he allegedly ejec...
Supply disruption in China a great opportunity for India: USIBC’s Nisha Biswal
While a single national market for agriculture and steps to create an efficient energy space are welcome, the prohibition on … Supply disruption in China a great opportunity for India: USIBC’s Nisha Biswal Read More »
Nikkei rises, but Hong Kong shares slip as tensions with China heat up
Hong Kong stocks fall as demonstrators take to the streets to protest proposal by China to supercede city government’s authority.
CEO buys ailing New Zealand media giant for one dollar
Struggling New Zealand media giant Stuff Limited was sold in a management buy-out deal for the symbolic fee of NZ$1.00 (US$0.61), the group's Australian owners Nine Entertainment announced Monday.
Nordic investors turn up heat on coal in climate campaign
OSLO/LONDON (Reuters) - Five years after first ditching some coal companies, Nordic investors are turning their focus to bigger carbon emitters in a range of industries, paving the way for other funds to follow.
US Dollar Index pushes higher and approaches 100.00
The greenback, in terms of the US Dollar Index (DXY), is extending the march north to the vicinity of the key barrier at 100.00 the figure on Monday.
UK's Sunak authorises bailout plan to rescue strategically important companies
LONDON: British Finance Minister Rishi Sunak has authorised a bailout plan to rescue companies that are seen as strategically important, with the ...
Coles lifts all purchase limits on grocery items
Toilet paper hoarding stopped a little while ago and now Coles has lifted restrictions on the last of the pantry staples.
Thousands without power in Western Australia after once in a decade storm
MELBOURNE (Reuters) - Wild weather downed trees and left tens of thousands of people without power in Western Australia, as emergency services began cleaning up in Perth on Monday after some of the worst weather in a decade.
Melon-aires not required as Japan premium fruit prices plunge
TOKYO, May 25 — A pair of premium Japanese melons sold today for just a slice of the ¥5 million (RM200,720) reached at auction last year, as the coronavirus bites hard. The melons from Yubari on the northern island of Hokkaido sold for a snip at ¥120,000 at the season’s first auction — 40...
SC allows Air India to operate flights till June 6 with middle seats filled to fly stranded Indians
India Business News: The Supreme Court on Monday allowed Air India to keep the middle seats occupied while operating its non-scheduled flights to bring back Indians stran
Air India can assign middle seats on rescue flights for now: Supreme Court
“After June 6, it must operate in compliance with any interim orders passed by the High Court”.
Greyscale is Buying Bitcoin At Record Rates: $29.9M Per Week, & Growing
Greyscale is thought to have purchased "2/3rd of all supply of newly minted Bitcoin" in the 100 days before May 17th.
Copper: The pace of long positions to slow down – TDS
Copper continued to benefit from surging risk appetite as speculators once again added to their long positions, strategists at TD Securities report. C
Premier digs in on rent as UK restrictions bite
The 139 Smiggle stores in Britain and Ireland remain shut because of government restrictions, and Premier is also applying its rent ban.
Beef trade: Data backs up expanding influence of the dairy sector on the beef industry
While putting this week’s report together different factory agents used different analogies to describe how they now see trade.
China's pork imports in April jump 170% to record high
China, the world’s top pork consumer, imported a record 400,000 tonnes in April, up nearly 170% from a year earlier, customs data showed, as buyers took advantage of low prices to stock up on meat.
Seven-day institutional quarantine mandatory in AP for flyers from six states
All the flyers who wish to come to the State have to enrol in Spandana website and obtain a clearance before buying tickets, order says
Jet Airways offers two Boeing aircraft to assist Vande Bharat Mission
Thecarrier is undergoing the insolvency process and its affairs are being managed by insolvency resolution professional Ashish Chhawchharia
Court rules $51 million RFS donation cannot be distributed to other charities
The extraordinary sum was raised on Facebook by comedian Celeste Barber during the bushfire crisis.
Crashed PIA plane's pilot ignored 3 warnings to lower altitude: Report
The Airbus A-320 from Lahore to Karachi was 15 nautical miles from the Jinnah International Airport, flying at an altitude of 10,000 feet above the ground instead of 7,000 when the Air Traffic Control (ATC) issued its first warning to lower the plane's altitude, Geo News quoted an ATC report as saying.
Top German court grants buybacks for VW diesel car owners (Update)
A top German court ruled Monday that Volkswagen must buy back a diesel car it modified to appear less polluting, a decision that could influence the outcome of tens of thousands of other "dieselgate" ...
Over 30,000 get jobs under MGNREGS in Sambalpur
Terming it as a significant achievement, district coordinator of MGNREGS Sobhit Bishi said it is for the first time that such large number of people have been engaged under MGNREGS in the district.
China's currency gamble adds fuel to fire
The People's Bank of China 'fixed' the yuan at its lowest point since 2008, a move likely to further strain relations with Washington over trade, technology and Hong Kong's autonomy.
Mercedes-AMG CEO Tobias Moers to take over as Aston Martin Chief
Palmer and Germany's Daimler AG (DAIGn.DE), which owns a 5% stake in Aston Martin and supplies the carmaker with Mercedes-AMG engines, also declined to comment
Virgin Media Ireland announce €1 Million fund to help businesses nationwide
Virgin Media has today launched a €1 Million support fund as part of its #BackingBusiness initiative to boost Irish businesses nationwide.
Lockdown Hits Indian Airlines Hard, Many May Find Survival Difficult: Ex-Aviation Regulator Member
New Delhi (Sputnik): The aviation business in India contributed $72 billion to the nation's GDP registering an overall growth trend of around 11 percent per annum over...
Duty-free booze bonanza for Australians under new proposal for 'Trans-Tasman bubble' travel
Under existing limits, travellers can purchase more duty-free alcohol when visiting New Zealand than they can when travelling to Australia.
The new normal: How coronavirus pandemic is changing consumer behaviour
Feedback Insights, a Bangalore-based research firm, conducted a survey that brings to light the consumer behaviour patterns that will reshape the economy in the post-Covid-19 world.The survey in which
PNB Scam: Interpol to expedite arrest of Nirav Modi's brother
Nehal reportedly handled Nirav Modi's Twin Fields Investments and Bailey Bank and Biddle, and allegedly laundered over $100 million for his brother
Americans pass pandemic holiday on beaches, in parks as COVID-19 death toll nears 100,000
Americans sunbathed on beaches, fished from boats and strolled on boardwalks this holiday weekend, but the occasional person wearing a mask was a ...
SC allows Air India to operate repatriation flights without leaving middle seat empty for 10 days
The top court’s order came on a petition filed by the Centre and Air India against a Bombay High Court order to keep middle seats on planes vacant.
What's Open And Closed On Memorial Day 2020
Monday is Memorial Day. While all the days might be blurring together right now, the day is a federal holiday, which means some places might not be open that typically have been recently....
AFAN lauds Gov Ayade over tax exemption for farmers
AFAN, Sunday, lauded the Governor of Cross River State, Prof Ben Ayade, overtax exemption of farmers, especially smallholder farmers
Investors are underestimating Beijing's response to the pandemic
Beijing has little choice but to support the Chinese economy, even if it is reluctant to go as far as it did during the financial crisis.
UK employers to be asked to pay 'up to 30% of wages from August' as furlough winds down
Chancellor, Rishi Sunak has said the furlough scheme will be in place until at least October, however, companies will be asked to start sharing the cost from August
Pachinko upgrades to boost NAND flash demand
Upgrades in Japanese-made pachinko game machines are set to play a driver of NAND flash demand growth in 2020, according to industry sources.
Andrew Cuomo managed to kill Grandma — and New York’s economy too
So Gov. Andrew Cuomo killed Grandma and cratered New York’s economy. But he looked good doing it. Too harsh? Well, report cards are snapshots, and the pandemic is an evolving event. Numbers are
Salmon expected to begin arriving soon at Fraser River landslide: DFO
VANCOUVER — Parts of a pneumatic fish pump dubbed the salmon cannon have arrived at the site of a massive landslide along British Columbia’s Fraser River, where Fisheries and Oceans Canada expects some salmon to begin arriving soon.
The poor world must be the rich world’s pandemic imperative
Assisting poorer countries is not just the right thing to do; it is also the only way to contain the pandemic.
Fear-mongering over national security law unfounded
Many foreign officials and media outlets have rushed to claim Hong Kong's status as a global financial hub has ended due to the impending National Security Law, with unsubstantiated reports of capital flight, but the move of the legislation is actually a boost to the business environment in the long-run.
Russia seeking 18-year sentence for alleged US spy Paul Whelan - Foreign Affairs
Ex-US Marine Paul Whelan was arrested 18 months ago, continues to protest his innocence.
Day-to-day banking proving to be a struggle for some isolating seniors
When banks temporarily closed hundreds of branches in response to COVID-19, many seniors found themselves unable to pay bills, withdraw cash for groceries and manage their account balances
Virgin Orbit fails on first rocket launch attempt
Richard Branson's Virgin Orbit failed Monday in its first test launch of a new rocket carried aloft by a Boeing 747 and released over the Pacific Ocean off the coast of Southern California.
Gesture to migrant workers for Ramzan
Ramzan this year remained a low-key celebration what with no mass prayers either at mosques or at Eidga grounds, owing to COVID-19 lockdown. However, true to the spirit of the festival that promotes g
Our national airline says there's still too much uncertainty to forecast earnings for the financial year that ends in a month, but says it hasn't needed to draw on the $900m loan facility offered by the taxpayer yet
Our national airline says there's still too much uncertainty to forecast earnings for the financial year that ends in a month, but says it hasn't needed to draw on the $900m loan facility offered by the taxpayer yet
Spain urges foreign tourists to return from July
Foreign tourists can book vacations in Spain from July as the two-week self-quarantine for overseas travellers is likely to be suspended by then, ...
Virgin Orbit fails on 1st rocket launch attempt
The inaugural launch had appeared to be going well until moments after the rocket was dropped from beneath the left wing of the jumbo jet dubbed Cosmic Girl.
Young people dominate early super withdrawals
Young Australians comprise the majority of people making early withdrawals from their superannuation, as the COVID-19 crisis sweeps through the economy.
AUD/JPY: Bearish case getting cheaper as each session passes
AUD/JPY has been on the bid at the start of this week and despite ongoing geopolitical tensions that have weighed on commodity markets. There has been
PIA pilot ignored 3 warnings to lower altitude before crash: Report
The pilot of the crashed Pakistan International Airlines plane ignored three warnings from the air traffic controllers about the aircraft’s altitude and speed before the landing, according to media reports on Monday. The crash of the national flag carrier’s flight PK-8303 on Friday, in which 97 people were killed and two miraculously survived, is one […]
Okanagan College expected to see fewer international students, loss in revenue unknown
Post secondary institutions across Canada are bracing for financial losses with the future of foreign students stuck in COVID-19 limbo.Thompson Rivers Unive
Pandemic delivers R943m revenue blow to Netcare
Costs for PPE escalate to R850m as group bolsters its supply ahead of virus peak.
Georgia's MFA: Return of ambassador depends on Ukrainian government's steps
Georgia's Foreign Ministry on May 25 held the first ad hoc meeting with Georgian Ambassador to Ukraine Teimuraz Sharashenidze to hear his update.
Health products get a boost as desis look to build immunity
India Business News: As the coronavirus pandemic rages, health has become an important element even in food and grocery items. Indians are warming up to the idea of buildi
Trump restricts travel from Brazil as its number of coronavirus cases spike
President Donald Trump's order, set to take effect Tuesday applies to noncitizens who were in Brazil within 14 days of trying to enter the US.
Wirecard postpones issuing annual results again
Fintech says not all audit procedures completed and puts AGM back until August
Beximco exports 6.5 million PPE gowns to US
Beximco Group has exported 6.5 million personal protective equipment or PPE gowns to US brand Hanes for delivery to the Federal Emergency Management Agency, or FEMA.
36% liquor stores back in business in Mumbai
At the epicentre of coronavirus infections in the country, Mumbai has disallowed counter sales of liquor to avoid big crowds outside beer and wine shops. It was also one of the last districts to permit home deliveries of liquor.
RSM, BDO staff return to the office amid strong demand
The mid-tier accounting firms say despite the downturn, clients are increasingly seeking advice, including on how to access stimulus packages.
Coronavirus: France has fourth most deaths as Spain revises down toll
French now behind only US, UK and Italy as Spain reduces number by 2,000
Lake Burley Griffin gets $3 million in improvements
After half a century, Canberra's iconic lake will receive a $3 million improvement.
Why Africa can’t afford further delay on AfCFTA -- AFREXIMBANK
The devastating impact of the coronavirus pandemic on Africa’s economy has shown that the continent can ill-afford a further delay in the implementation
Government warned economy could fall off a cliff in September without more stimulus
Consumers are spending more money, but economists warn Australia could fall off a financial cliff in September without more stimulus measures.
CUNY teachers face ax as $115M in coronavirus budget cuts loom
City University colleges are rolling out plans to slash their adjunct teaching staffs as the system faces a nearly $150 million cut in aid thanks to the coronavirus budget crises at City Hall and in
What options are available for ethical investing?
Shariah-compliant funds and ESG investment products are among the choices available to you.
Vermilion Energy CEO’s departure signals return to conservative roots
Return of co-founder as executive chairman comes with greater focus on balance sheet
Square: Soon To $100/Share And Beyond
Square's Cash App has seen explosive growth, expanding its ecosystem of services. My discounted cash flow valuation model suggests that shares have further upsi
Air New Zealand sees annual underlying loss due to coronavirus
Air New Zealand Ltd said on Tuesday it would report an underlying loss in the financial year ending June 30 due to the coronavirus pandemic, but had slashed costs to the extent it had not yet needed to draw down on a government loan.
Sisolak to discuss next phase of Nevada’s reopening plan
Gov. Steve Sisolak will discuss the next phase of Nevada’s reopening at a news conference Tuesday evening, according to the governor’s office.
Air Canada, Transat deal faces intense EU antitrust scrutiny
Air Canada's bid for Canadian tour operator Transat AT Inc may result in higher prices and less choice for flights between Europe and Canada, EU ...
New emissions blow for VW as German court backs damages claims
FRANKFURT: German airline Lufthansa said Monday it has received approval for a €9 billion ($9.8 billion) “stabilization package” from a government support fund to keep the company going through the turbulence from the coronavirus outbreak, but cautions the deal has not been approved by the EU’s executive commission.
Top-earning public officials should cut their pay amid NY’s fiscal crisis
New York’s top officials have talked a lot about “shared sacrifice” in recent weeks. How about leading by example? Common Cause New York suggests state legislators forgo half their pay since
Hundreds of Gold Coast homes experiencing power outage
Hundreds of Gold Coast homes are without power this morning, after an outage towards the southern end of the coast. Over 1,300 residences have been affected, across the suburbs of Burleigh Heads…
Only a few hedge funds made money in March and April. Here's how.
Successful funds exhibited similar traits: an ability to trade across different geographies or asset classes and a hyper-vigilance towards monitoring positions.
Americans make low-key Memorial Day tributes, coronavirus overshadowing events
NEW YORK, May 26 — Americans paid a low-key tribute to those who died serving in the US Armed Forces yesterday, with many Memorial Day events canceled because of the coronavirus epidemic that has killed nearly 100,000 people in the United States alone. In some places, scaled-down ceremonies were...
Central bank asset purchases creating ‘fake markets’, analyst warns
'They're no longer related to any fundamental analysis whatsoever'
Bank Holiday tragedy as teenage girl and man drown on same stretch of Cornish coastline as UK comes out of coronavirus lockdown
Officers described a 'very tough day' in Cornwall amid the two fatalities, which took place in separate incidents on Monday afternoon.
Covid-19 to dent M&R earnings ‘more than 20%’
Group reports further growth in order book to R51.5bn at end-March.
Steve Mnuchin’s socialite sister sues potential buyers of her $8M pad
The socialite sister of US Treasury Secretary Steve Mnuchin is suing two potential buyers of her Park Avenue penthouse for a near $1 million deposit after she claims they tanked the deal, new court
No more grants for the self-employed, Treasury says - Inside Israel
Treasury says the economy is back to normal.
Coronavirus News: As more stores file for bankruptcy, 7 On Your Side looks at the future of retail
At least three major retailers have filed for chapter 11 bankruptcy protection this month as the COVID-19 crisis has crippled sales -- now experts say it might be a good time to spend those unused gift cards.
Bharti to sell 2.75% stake in Airtel for $1bn, reduce debt
India Business News: Bharti Telecom, the Indian promoter of telco major Bharti Airtel, is set to sell a stake of up to 2.75% in the mobile services provider through block
Renewable electricity suppliers gaining ground
Generating capacity of independent producers is just about equal to that of an Eskom power station.
Steelworkers Union Praises NDP Victory in Securing Paid Sick Leave Commitment
TORONTO — The United Steelworkers (USW) union is praising the New Democratic Party for securing a commitment from the federal government to ensure two weeks of paid sick leave for workers across Canada.
Oil Rallies With Producers Showing Confidence by Hiking Prices
Oil’s recovery from its historic crash last month is barreling ahead, with some OPEC producers displaying signs of confidence that the market is stabilizing.
Air Canada CEO's compensation cut by over half - to $5.8 million - due to pandemic
Air Canada CEO Calin Rovinescu was on track to receive around $12.9 million in total compensation last year, but the value fell by more than half as the airline's shares stalled due to the COVID-19 pandemic.
Of the pandemic 65 times less money years Nick Bosa Authentic Jersey
NEWS IBC - Of the pandemic 65 times less money years Nick Bosa Authentic Jersey NEWS IBC - Of the pandemic 65 times less money years Nick Bosa Authentic Jersey
French carmaker Renault could close plants and cut jobs: union
French carmaker Renault could unveil job cuts and plants closures on Thursday as the company looks to save 2 billion euros (US$2.2 billion) in ...
Interpublic Group of Companies Inc (NYSE:IPG) Shares Purchased by Swiss National Bank
Swiss National Bank raised its holdings in Interpublic Group of Companies Inc (NYSE:IPG) by 23.2% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,504,918 shares of the business services provider’s stock after buying an additional 283,800 shares during the quarter. Swiss National […]
Consumer Confidence Inches Higher in Canada, Except for Housing
Consumer confidence continues to show signs of improving in Canada, inching higher for a fourth straight week.
Covid-19 boosts local demand for premium fruits, vegetables
Indian consumers are willing to pay a premium to get hygienic and nutritional daily essentials, prompting exporters of horticulture produce to draw strategies for the domestic market.
Cetera Advisors LLC Sells 2,568 Shares of Marathon Oil Co. (NYSE:MRO)
Cetera Advisors LLC lowered its stake in shares of Marathon Oil Co. (NYSE:MRO) by 16.5% during the first quarter, HoldingsChannel reports. The fund owned 13,013 shares of the oil and gas producer’s stock after selling 2,568 shares during the quarter. Cetera Advisors LLC’s holdings in Marathon Oil were worth $43,000 as of its most recent […]
ETRADE Capital Management LLC Sells 2,520 Shares of Ball Co. (NYSE:BLL)
ETRADE Capital Management LLC decreased its position in Ball Co. (NYSE:BLL) by 27.1% during the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 6,796 shares of the industrial products company’s stock after selling 2,520 shares during the period. ETRADE Capital Management LLC’s holdings in Ball were worth $439,000 as […]
German court ruling clears way to settle VW diesel cases
The decision affects some 60,000 individual claims brought by car owners in Germany.
Telegram Withdraws US Court Appeal for TON Launch
After wrapping up its blockchain project, Telegram has now officially withdrawn from the court battle against the SEC for lifting the ban on Gram tokens.
Govt releases Rs 1,000 crore to West Bengal; central team to visit soon to assess cyclone damage
The rescue-and-relief operations in West Bengal were discussed at a meeting of the National Crisis Management Committee (NCMC), headed by Cabinet Secr
IBM, HP announce major job cuts
Although exact number of layoffs was not confirmed, reports suggest it could be in the thousands.
First flight lands at Jammu airport from Delhi as domestic air travel resumes
After the restart of domestic air travel in the country, the first flight landed at the Jammu airport from Delhi on Monday morning. The Air India flight
Swarms of locusts enter in Jaipur residential areas
Swarms of locusts entered some residential areas of the city on Monday, presenting the local people with an unusual sight. Locusts normally affect districts in western Rajasthan but this time the swarms have travelled as far as Jaipur city. The swarms later headed towards the Dausa district.
A Lot of Binance Exmployees Opt to be Paid in Crypto Rather Than Fiat: CEO
The CEO of crypto exchange Binance, Chagpeng Zhao (CZ) acknowledged that "a lot" of employees opt to be paid in BNB, rather than fiat.
Pattie Lovett-Reid: Let the commercial rent relief applications begin...we hope
The past weekend has to have a been a tough one for small businesses waiting to hear whether or not their landlord is going to apply to the federal government for the Canada Emergency Commercial Rent Assistance program. CTV News' Chief Financial Commentator Pattie Lovett-Reid breaks down what they can expect.
PRESENTING: 38 power players disrupting the $130 billion consulting industry and solving problems for clients in crisis
The coronavirus pandemic has disrupted the management-consulting industry.
Coronavirus: Premier League unlikely to restart on June 12 as hoped - sources
The Premier League is increasingly likely to miss their original June 12 target for resuming matches.
Crashed PIA plane's pilot ignored 3 warnings to lower altitude: Report
The pilot of the Pakistan International Airlines (PIA)'s crashed plane ignored three warnings from the air traffic controllers about the aircraft's
Pick Your Bias And Selective Data Will Support
Different investment horizons favor different inputs. There currently appears to be a tug of war between the inputs that please bulls and bears. I expect prior
Bengaluru: Operation of BMTC buses to be increased to 3,500; new bus fares start from Rs 5
Apparently to make up for the losses it had suffered during the lockdown, the BMTC had stopped selling the bus tickets from one destination to another and sold only the bus passes of ₹70 each, which people had opposed. The move comes days after BMTC faced flak for forcing travellers to buy daily passes worth Rs 70 for
'Dominic Cummings' leaves review on Barnard Castle Tripadvisor
As the Government desperately struggles to contain a scandal at the heart of Downing Street, you can always count on the British public to take the mick.
Cetera Advisor Networks LLC Purchases 1,000 Shares of GMS Inc (NYSE:GMS)
Cetera Advisor Networks LLC grew its position in GMS Inc (NYSE:GMS) by 4.3% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 24,090 shares of the company’s stock after acquiring an additional 1,000 shares during the period. Cetera Advisor Networks […]
The 'Mogote' is a $87,500 lofted tiny home on wheels that can sleep up to 4 people — see inside, Business Insider - Business Insider Singapore
Business Insider - Baluchon prioritizes using local, "eco-responsible and bio-based" supplies, according to the company.. Read more at businessinsider.sg
Dust and thunderstorm to bring respite from heatwave in north India on May 29-30, says IMD
Weather Forecast Today, May 25: The IMD has also issued an orange warning for heatwave for east Uttar Pradesh, Kuldeep Srivastava, the head of IMD’s Regional Meteorological Centre, told the PTI.
COVID-19: 103 Indians arrive in Kochi from San Francisco, 146 reach Gaya from Doha
India continues repatriation flights under ‘Vande Bharat’ mission
Sun rises for ITC's aggressive acquisitions
ITC's acquisition of Sunrise is its biggest deal in the past two decades and shows company's readiness for inorganic growth to meet the turnover target of Rs 1 lakh crore for its non-cigarettes FMCG business by 2030
Govt releases Rs 1,000 Cr to West Bengal; central team to visit soon to assess cyclone damage
As announced by the prime minister after his aerial survey and review of the relief efforts with West Bengal Chief Minister Mamata Banerjee, a sum of Rs 1,000 crore has already been released to the state government, an official statement said. The Ministry of Home Affairs will be sending a team to the state soon to ass
German govt to climb aboard at Lufthansa in virus rescue
Berlin will climb aboard airline giant Lufthansa as its largest shareholder in a nine-billion-euro ($9.8 billion) rescue if investors and competition authorities agree, as the coronavirus-stricken carrier ...
Wage subsidy scheme pays out more than a billion euro
The amount of money paid out under the coronavirus wage subsidy scheme has surpassed 1.1 billion euro, a senior civil servant has said.
Kotak Mahindra Bank cuts interest rate by 0.50% on savings deposits
Private sector lender Kotak Mahindra Bank (KMB) on Monday slashed the interest rate on savings deposits by a further 0.50 per cent. The bank has cut rates twice last month on its deposit rate offering
Natural Gas Bounce - As Expected
A higher low in the energy commodity. The signs of falling production continue. Trading from the long side in natural gas. Why UGAZ is a far better instrument t
Money laundering in games
UPDATE 12:35 p.m. A public inquiry into money laundering in British Columbia has heard that cash is still king but cryptocurrencies and other virtual trade could rise as a trend.
The workers that make your food put their lives on the line during pandemic. Whether they're protected now is up to you.
The American food supply chain relies on people working low-paying jobs that put them at risk for harassment, injury, and even death.
FG establishes 12 research 'centres of excellence' in Nigerian universities
President Muhammadu Buhari has approved the establishment of the first set of 12 TETFund "centres of excellence", two in each of the six geopolitical
The workers that make your food put their lives on the line during pandemic. Whether they're protected now is up to you.
The American food supply chain from meat processing plants to fast-food chains relies on people working low-paying jobs that put them at risk for harassment, injury, and even death.
Two million students back in classrooms in sign life edging towards a new normal
Almost two million students returned to classrooms across NSW and Queensland on Monday in the latest sign life is edging towards a new normal under the Almost two million students returned to classrooms across NSW and Queensland on Monday in the latest sign life is edging towards a new normal under the shadow of coronavirus.
With State of Emergency Lifted, Japan Begins Gradual Reopening
Retailers in Tokyo began opening their doors last week, but some will continue to wait.
Southern Railway to operate special train for staff
Southern Railway will operate a workmen special train exclusively for railway employees to and from Thanjavur and Tiruchi from May 26.The special train will ferry employees residing in and around Than
Renault must join French-German battery project: minister
Paris: Renault will have to join a French-German project developing batteries in order to receive a five billion euro ($5.4 billion) government rescue loan, Finance Minister Bruno Le Maire said Monday.
What To Do When Your Employer Cuts Your 401k Matching
Even many Americans that still have jobs are seeing pay and benefit cuts. 401k matching is often one of the first things on the chopping block. If your employer
Nokia’s factory in India shuts down temporarily after employees test positive for COVID-19 *UPDATED*
Currently, most of the countries are fighting against COVID-19 and are trying their best to control it, and so is the situation in India. Even the industries are also finding it hard to come back t…
As Covid-19 Disrupts Global Supply Chains, Will Companies Turn to India?
It’s an increasingly viable option for companies anxious about sourcing from China.
ETRADE Capital Management LLC Boosts Stock Position in Seagate Technology PLC (NASDAQ:STX)
ETRADE Capital Management LLC grew its stake in Seagate Technology PLC (NASDAQ:STX) by 15.4% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 9,677 shares of the data storage provider’s stock after acquiring an additional 1,289 shares during the quarter. ETRADE Capital Management LLC’s […]
Japan to expand entry ban to visitors from India and 10 other nations
Prime Minister Shinzo Abe said Japan will maintain the current set of border control measures until the end of June.
First Allied Advisory Services Inc. Has $402,000 Stock Holdings in Chipotle Mexican Grill, Inc. (NYSE:CMG)
First Allied Advisory Services Inc. raised its holdings in Chipotle Mexican Grill, Inc. (NYSE:CMG) by 4.4% during the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 614 shares of the restaurant operator’s stock after purchasing an additional 26 shares during the quarter. First Allied […]
The workers that make your food put their lives on the line during pandemic. Whether they’re protected now is up to you.
“Every day we risk our health and the health of our family that await us at home,” said Nelson Santiago.
Post-Pandemic Economy: Great Depression or Growth Point?
Russian scientists are getting ready to submit their proposals to the Nationwide Action Plan to counter the pandemic in the Russian Federation. Which sectors of the...
Swiss National Bank Boosts Stake in Teladoc Health Inc (NYSE:TDOC)
Swiss National Bank lifted its stake in shares of Teladoc Health Inc (NYSE:TDOC) by 1.8% in the first quarter, HoldingsChannel.com reports. The fund owned 133,400 shares of the health services provider’s stock after acquiring an additional 2,400 shares during the quarter. Swiss National Bank’s holdings in Teladoc Health were worth $20,678,000 at the end of […]
Could now be a good time to buy a house? Suffolk housing market after coronavirus explained
A leading Suffolk estate agent has explained why now could be a good time to buy a house for some people – but has warned that, for others, things could be more difficult.
Coronavirus | CREDAI writes to PM, seeks immediate relief for realty sector
The industry body has pitched for additional institutional funding, waiver of penal interest and customer-centric tax treatment of real estate, among others.
Surgutneftegas: Now It Looks A Bit Less Crazy In This Crazy Market
Unlike many other Russian O&G companies, Surgutneftegas decided to cut its dividends. Earlier, the company's earnings for 2019 crashed by 8 times. From this per
ETRADE Capital Management LLC Has $597,000 Holdings in Lithia Motors Inc (NYSE:LAD)
ETRADE Capital Management LLC increased its position in shares of Lithia Motors Inc (NYSE:LAD) by 10.8% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 7,294 shares of the company’s stock after purchasing an additional 708 shares during the period. ETRADE Capital […]
Flash Australia PMI Signals A Further Slump In Business Activity During May
Flash Australia PMI at 26.4, signalling another steep decline in business activity. Slumping demand accompanies the fall in output. Job losses continue at marke
HDFC's pre-tax profit down 27% in Q4 due to higher provisioning for Covid
After adjusting for fair value adjustments, profit on sale of investment, dividend and provisioning, the adjusted profit before tax for the quarter ended March 31, 2020 is, Rs 3,535 crore
AUD/USD pares early losses, registers modest gains near 0.6550
The AUD/USD pair started the week with a small bearish gap but didn't have a hard time erasing its losses with the risk-on environment helping the AUD
German court ruling clears way to settle VW diesel cases
The decision affects some 60,000 individual claims brought by car owners in Germany.
Invesco Ltd. (NYSE:IVZ) Position Boosted by AE Wealth Management LLC
AE Wealth Management LLC increased its holdings in Invesco Ltd. (NYSE:IVZ) by 17.3% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 25,084 shares of the asset manager’s stock after buying an additional 3,696 shares during the quarter. AE Wealth Management LLC’s […]
UK’s NatWest Reports Significant Increase in Local Businesses Accepting Payment Cards, as they Move Away from Cash Due to COVID-19
Consumers across the globe continue to increasingly use digital payments options instead of physical cash, due to COVID-19. NatWest claims that it has witnes
Reverse migration to villages has set economy back by 15 years, says JNU professor
India risks losing benefits of the demographic dividend by not creating enough jobs for new entrants, warns Professor Mehrotra.
Albemarle Co. (NYSE:ALB) Shares Acquired by Swiss National Bank
Swiss National Bank grew its holdings in Albemarle Co. (NYSE:ALB) by 23.2% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 411,607 shares of the specialty chemicals company’s stock after acquiring an additional 77,400 shares during the period. Swiss National Bank owned about 0.39% […]
3 Stocks to Buy and Hold for Decades
Great businesses can allow you to compound your wealth over the decades.
AusPost temporarily digitises mailrooms of 40 govt, finance firms
Creates 'basic' service for customers that couldn’t operate internal mailrooms.
Merger Arbitrage Analysis And Spread Performance - May 24, 2020
ForeScout Technologies declines following the accusation of a MAE and subsequent legal action. COVID-19 forces investors to reanalyse merger arbitrage risks. Av
Rail Bhavan to shut down for 2nd time in fortnight after another COVID-19 case
A fourth-grade multitasking staffer who attended office till last Tuesday is the fifth COVID-19 case detected in the building in less than two weeks. Nine of his contacts at Rail Bhavan have been sent to home quarantine, officials said.
Cetera Advisor Networks LLC Decreases Stock Position in Newmont Goldcorp Corp (NYSE:NEM)
Cetera Advisor Networks LLC lessened its stake in shares of Newmont Goldcorp Corp (NYSE:NEM) by 37.3% during the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 8,034 shares of the basic materials company’s stock after selling 4,773 shares during the period. Cetera Advisor Networks LLC’s holdings in Newmont […]
AE Wealth Management LLC Boosts Stock Position in Synopsys, Inc. (NASDAQ:SNPS)
AE Wealth Management LLC raised its stake in Synopsys, Inc. (NASDAQ:SNPS) by 14.7% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,785 shares of the semiconductor company’s stock after purchasing an additional 229 shares during the period. AE Wealth Management LLC’s holdings in […]
Bitcoin Risks Falling to $8K Ahead of June Due to These Technical Factors
Bitcoin was trading in positive territory this Monday after closing its last week in severe losses.
Trade setup: No consensus on Nifty direction; 50DMA remains key hurdle
This makes the market more vulnerable on the higher side.
Talks on Lufthansa aid not concluded yet: ministry
BERLIN (Reuters) - Negotiations on a government bailout for coronavirus-stricken airline Lufthansa (LHAG.DE) are in their last phase but have not been concluded yet, a spokeswoman of the German economy ministry said on Monday.
MCX will now allow crude oil trading in negative, exchange releases API to record prices below zero
A month after settling the crude oil contracts in the negative, India’s largest commodity derivative segment, MCX, has released a new application programming interface which will facilitate a negative price on its software.
COVID-19: India air travel restart sees chaos and cancellations
New restrictions at airports force airlines to scramble revised schedules
Reliance Industries’ Online Grocery Service JioMart Goes Live In 200 Towns Across India
Reliance Industries limited has now officially launched its online grocery service, JioMart, across the nation after running pilot programme in Maharashtra’s Navi Mumbai, Thane, and Kalyan, reports India TV News.
ETRADE Capital Management LLC Raises Stake in American Express (NYSE:AXP)
ETRADE Capital Management LLC increased its stake in shares of American Express (NYSE:AXP) by 9.4% in the first quarter, HoldingsChannel.com reports. The institutional investor owned 7,015 shares of the payment services company’s stock after buying an additional 603 shares during the quarter. ETRADE Capital Management LLC’s holdings in American Express were worth $600,000 as of […]
Russian prosecutors seek 18 years for ex-U.S. marine in spy trial
Paul Whelan reacted calmly to the prosecutor's 'very harsh' demand, says lawyer Vladimir Zherebenkov
46 die, 387 injured in accidents on Abeokuta-Lagos expressway in six years-FRSC
The Federal Road Safety Corps (FRSC) said on Monday that 46 persons died in road accidents at the Old Toll-Gate corridor on the...
Rail Bhavan to shut down for 2nd time in fortnight after another Coronavirus case
The multitasking staff is responsible for taking files from one official to another and come in contact with a lot of people throughout the day. These files can go to the Chairman, Railway Board or even the Railway Minister, thereby spreading infection, an official said.
How much the average homeowner pays for insurance in the US, by state and home value
The value of your home, where you live, and the coverage level you choose can all impact your homeowners insurance cost.
Tokyo stocks open higher on virus hopes
Tokyo stocks opened higher on Monday on expectations the state of emergency will be lifted for the whole nation including economic powerhouse Tokyo.
Ford Motor Co. donates thousands of COVID-19 face shields to US military
Ford Motor Co. has finalized an agreement with the U.S. Department of Defense to donate 200,000 face shields to military bases across the U.S. and abroad to protect against the coronavirus.
Time to take economy out of intensive care: PM
Scott Morrison will appeal to a "new sense of common purpose", with $1.5 billion in federal funding to the states as leverage, to deliver an economic recovery he envisages will take between three and five years.
Aldi now sell over 75 new Irish products as part of Grow with Aldi Programme
45 of Ireland’s most innovative Irish food and drink producers have won a new contract to supply Aldi’s 142 stores through its Grow with Aldi Supplier...
Centre reviews progress of relief, restoration work in cyclone-hit West Bengal
The financial assistance of Rs 1,000 crore has already been released to the state government.
Mackay Shields LLC Cuts Stake in Jack Henry & Associates, Inc. (NASDAQ:JKHY)
Mackay Shields LLC lowered its position in shares of Jack Henry & Associates, Inc. (NASDAQ:JKHY) by 0.5% in the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 11,985 shares of the technology company’s stock after selling 58 shares during the quarter. Mackay Shields LLC’s holdings […]
German court ruling clears way to settle VW diesel cases
The decision affects some 60,000 individual claims brought by car owners in Germany.
Hertz car rental company has filed for bankruptcy
As a result of the COVID-19 pandemic, the Hertz car rental company files for bankruptcy protection
New payment to support Kiwis through Covid-19
The Government today announced a new temporary payment to support New Zealanders who lose their jobs due to the global COVID-19 pandemic to adjust and find new employment or retrain.
Gold prices slip on rising dollar, equities; renewed Sino-US trade tensions restrict losses, silver falls 0.7%
Spot gold was down 0.3 percent at $1,729.05 per ounce. US gold futures fell 0.4 percent to $1,729.40.
High Yields From Tax-Advantaged Debt: America First Multifamily
COVID-19 has created a completely new environment. The market is still struggling with figuring out the new reality and balancing the opposing forces. Where the
Increase in area of kuruvai cultivation expected
The Agriculture Department anticipates an increase of over 5,000 hectares (ha) in the total area of kuruvai cultivation in Thanjavur district this year.Last year, the shutters of Stanley Reservoir wer
Twilio: Coronavirus Accelerating Positive Trends, Downside Ahead
TWLO blew out Q1 expectations, as the coronavirus did the opposite of what people expected and accelerated its business. If you think about it, this is pretty i
PA easing coronavirus restrictions in occupied West Bank
The Palestinian Authority (PA) has announced an easing of coronavirus restrictions in the occupied West Bank following a steady drop in the number of new infections.
PRESENTING: 38 power players disrupting the $130 billion consulting industry and solving problems for clients in crisis
These leaders are strategizing for clients, rethinking recruitment, and leading D&I efforts at global firms.
Covid-19: Petition filed in Delhi HC seeks coronavirus relief materials to Aadhaar, voter ID card holders too
The plea added that the action is violative of Article 14 of the Constitution of India, which provides that the State shall not deny to any person equality to its citizen.
Report: Billionaires Have Made $434 Billion During Coronavirus Pandemic
According to a recent report, American billionaires have enjoyed a huge boost in net worth in the first two months of the Chinese virus pandemic, earning around $434 billion since March 19, when many states went into lockdown.
Coronavirus lockdown | Shiv Sena, Congress take jibe at Piyush Goyal over diversion of U.P.-bound train
Shiv Sena’s ally Congress also took a dim view of the train diversion, saying the government was “taking migrant workers on a country tour” without providing them food and water
UP maps migrant skills, aims to clones textile story of Vietnam, Bangladesh
Over 12,000 workers found to be trained in garment making and tailoring so far; more than 2.3 million have returned to UP from different states
1,396 Shares in Mercadolibre Inc (NASDAQ:MELI) Purchased by Fiera Capital Corp
Fiera Capital Corp acquired a new stake in Mercadolibre Inc (NASDAQ:MELI) in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 1,396 shares of the company’s stock, valued at approximately $682,000. A number of other hedge funds also recently modified their holdings of the […]
BREAKING: Wike releases N450m to victims of 2019 'bloody' poll
Rivers State Governor, Nyesom Wike, has released N450m to victims of the 2019 bloody general elections in Ijaw communities in Abonema...
South Africa’s 24-hour trend report – the weekend
This is a high-level summary of the trending, highest impact, and most active themes and narratives related to social cohesion and division as identified from South African social media conversations on 23 and 24 May 2020.
Abe's 'own goals' slash support rates even as Japan's rate of COVID-19 infections declines
A string of controversial missteps has slashed Japanese Prime Minister Shinzo Abe's support to levels that could threaten to end his term early, ...
SeaChange Warns Of An Abysmal Q1 As Customers Continue To Delay Purchase Decisions
Discussing recent Q1/FY2021 earnings warning. Customers continue to delay purchase decisions, resulting in an at least 55% sequential revenue decrease with like
The workers that make your food put their lives on the line during pandemic. Whether they're protected now is up to you., Business Insider - Business Insider Singapore
Business Insider - The American food supply chain relies on people working low-paying jobs that put them at risk for harassment, injury, and even death.. Read more at businessinsider.sg
Swiss National Bank Acquires 69,600 Shares of Wynn Resorts, Limited (NASDAQ:WYNN)
Swiss National Bank increased its holdings in shares of Wynn Resorts, Limited (NASDAQ:WYNN) by 22.8% during the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 374,875 shares of the casino operator’s stock after purchasing an additional 69,600 shares during the period. Swiss National Bank owned […]
Williams-Sonoma, Inc. (NYSE:WSM) Shares Purchased by First Trust Advisors LP
First Trust Advisors LP lifted its holdings in Williams-Sonoma, Inc. (NYSE:WSM) by 46.5% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 117,633 shares of the specialty retailer’s stock after acquiring an additional 37,327 shares during the quarter. First Trust Advisors LP owned 0.15% […]
EUR/JPY bounces off lows near 117.00
The now better tone in the single currency is giving EUR/JPY extra wings, pushing it above the key 117.00 mark at the beginning of the week. EUR/JPY f
Thousands without power in Western Australia after once-in-a-decade storm
MELBOURNE: Wild weather downed trees and left tens of thousands of people without power in Western Australia, as emergency services began cleaning ...
Gold Price Analysis: Trades with modest losses, downside seems limited
Gold traded with a mild negative bias through the mid-European session amid the prevalent risk-on mood, albeit has managed to defend the $1722 horizon
Monday’s small-cap stocks to watch
Our roundup of Canadian small-caps of between $100-million and $2.5-billion in market capitalization making news and on the move today
The Week Ahead
The economic calendar is light. With shutdowns easing in May, April data is too dated to be of much interest to investors. The preliminary May PMIs last week of
PRESENTING: 38 power players disrupting the $130 billion consulting industry and solving problems for clients in crisis, Business Insider - Business Insider Singapore
Business Insider - These leaders are strategizing for clients, rethinking recruitment, and leading D&I efforts at global firms.. Read more at businessinsider.sg
Kotak Mahindra Bank slashes interest 0.50% rate on savings deposits
Private sector lender Kotak Mahindra Bank (KMB) on Monday slashed the interest rate on savings deposits by a further 0.50 percent. The bank has cut rates twice last month on its deposit rate offering on the savings accounts.
JAFL Litigation Funding Partners Limited (the Company) – Press Release And Investor Update
FeltexClaimants now have until Monday 13 July 2020 to complete Stage 2 funding. The decision of Justice Dobson dated 22 May 2020 (the decision) suggests at [86] a Stage 2 trial date of 27 October 2020 for a hearing of up to 6 weeks.
From 'too late' to 'reckless and senseless' - opposition parties react to easing of lockdown
Political parties have varying reactions to government's decision to move South Africa from a Level 4 to a Level 3 lockdown.
Compression
Risk assets are compressing to Treasuries. Part of this has been the Fear Factor as coronavirus pushed Treasury prices higher as a run towards the safest of hav
Canadian PM Justin Trudeau asks bank CEOs for views on economy, COVID-19 relief: Report
Canadian Prime Minister Justin Trudeau has spoken to the heads of the country's six big banks to get their views on the state of the economy and the COVID-19 relief efforts, the Globe and Mail
Business stands behind government efforts to ease restrictions
Organised business says economic recovery will require innovation and swift action.
OPINION | Africa Day: A continent united in its battle against Covid-19
There are a few examples that show that African institutions of higher learning and many other organisations can play their part in collectively helping fellow Africans face the pandemic head-on, writes Nico Elema.
Uddhav Thackeray and Piyush Goyal engage in a bitter war of words over Shramik Special trains
Shramik Special trains news, Shramik Special trains schedule: Uddhav Thackeray said that while he had demanded 80 migrant Shramik Special trains per day, it was getting only 40.
IL&FS invites EoI for 26% in Tripura power plant, sources say ONGC may bid
IL&FS engages Arpwood Capital and JM Financial for deal; project cost entails debt of Rs 3,035 cr and equity investment of Rs 10,118 cr
Coronavirus effect: 40% travel, tourism companies may shut down in 3-6 months, says report
"The travel and tourism sector is going through a very bad phase. It has taken a severe beating due to the COVID-19 outbreak with lakhs of people dependent on it suffering immense losses and job cuts," the report said
India resumes domestic air travel after two months, several flights cancelled
Aviation industry sources said, around 82 flights -- departures and arrivals -- have been cancelled till now at the Delhi airport.
Japan will aim to shore up travel demand from late July
The government will carry out support measures to shore up demand in the travel and restaurant industries hit hard by the coronavirus pandemic, starting la
Blow to Bitcoin as Latest BofA Survey Finds Loopholes in “Bear Market Rally”
Bitcoin's breakneck bounce off its March 13 lows transformed into a full-fledged rally, eking up to 161.25 percent gains in just two months. But the cryptocurre
Moody's revises outlook on Adani Abbot Point Terminal's rating to stable
AAPT is part of an obligor group that has economic ownership of the Abbot Point Coal Terminal in North Queensland under a 99-year lease with the state-owned lessor
Nasdaq to Consolidate European CSD Business
Nasdaq, an exchange operator, will be consolidating its central securities depository business in Europe, by merging Nasdaq CSD Iceland with Nasdaq CSD SE.
All markets, fairs reopening in Kyiv May 25
Access to open-air sports and playgrounds will be allowed the same day.
Fear of flying: Negotiating the regulations around flights sounds incredibly daunting
The sight of cabin crew kitted out in PPE will be a sight to behold, a vivid and unforgettable reminder of our dystopian new world.
USD/CHF surrenders early gains to 1-week tops, still comfortably above 0.9700
The USD/CHF pair struggled to capitalize on its early uptick to one-week tops and now seemed headed back to the lower end of its daily trading range.
Sieze LG Polymers premises, Andhra HC orders over Vizag gas leak case
The premises of the company shall be completely seized and no one be allowed to enter into the premises, including the directors of the company, the court said
'Once-in-a-decade-type' storm lashes 1,200 kms of Western Australia's coast
Tens of thousands of homes and businesses lost power, buildings were battered and trees were uprooted as a vast stretch of the west Australian coast was whipped by a severe storm today for the second straight day.
Aston Martin chief to leave, Mercedes-AMG CEO to replace him - source
Aston Martin Chief Executive Andy Palmer is leaving the business as part of a management shake-up and will be replaced by Tobias Moers, CEO of ...
Lufthansa state rescue deal agreed in principle, say sources
FRANKFURT AM MAIN, May 25 — Coronavirus-stricken German airline group Lufthansa has agreed in principle a nine-billion-euro (US$9.8 billion) rescue deal that would see the government come onboard as a shareholder, sources told AFP today. With mangers and ministers in agreement, Lufthansa’s...
German business expectations pick up as lockdown is lifted
Monthly survey finds improving outlook despite pessimism over current effect of pandemic
Japan lifts coronavirus emergency in all remaining areas
Japan, with about 16,600 confirmed cases and about 850 deaths, has so far avoided a large outbreak like those experienced in the US and the Europe despite its softer restrictions.
The Hill's Morning Report - Presented by Facebook - US death toll nears 100,000 as country grapples with reopening
Presented by Facebook
Wheat procurement surpasses last year's level of 34.1 MT despite hurdles
Wheat procurement target has been set at 40.7 million tonnes (MT) for the 2020-21 marketing year
Airbus experts to arrive in Pakistan to probe PIA plane crash
Was it a technical fault, bird-hit or pilot error?
Uttar Pradesh in grip of blistering heat, Allahabad hottest at 46.3 degrees Celcius
Day temperatures rose appreciably over Varanasi, Faizabad, and Lucknow divisions.The weatherman has forecast dry weather in the state warned of heatwave at isolated places over the next few days
BSEB Bihar Board matric results on May 26
Education News: Finally, the D-day has arrived. The fate of lakhs of studnets, who wrote their Class X papers from Bihar School Examination Board (BSEB), would be dec
Citi warns that coronavirus may push 31 million women into unemployment and knock $1 trillion from world GDP
Global GDP could shrink as much as $1 trillion if a predicted 31 million women lose their jobs during the coronavirus pandemic, Citi has warned.
Pakistan plane crash: Probe raises new questions
The investigators were trying to establish why the pilots not once informed the ATC of any emergency, malfunction, engine failure or fire despite the visible problems the aircraft was facing, the report said, adding that it is rare to have so many technical problems at the same time. The ATC's conduct is also being probed.
NNPC says top management appointments on merit
The Nigerian National Petroleum Corporation (NNPC) says professional competence, adherence to the principle of transparency and accountab
“Pest” Wallabies Could Be Earning Money For NZ
Wallabies given a dishonourable mention in government’s recent budget as a pest needing money to combat them, could be earning valuable local and export dollars money by way of meat and hides says a hunters’ environmental advocacy the Sporting Hunters Outdoor Trust.
IAF to operationalise No.18 Squadron at Coimbatore
The Indian Air Force (IAF) will operationalise its No.18 Squadron at Coimbatore in Tamil Nadu on May 27, equipping it with the fourth generation LCA Tejas aircraft.
Pandemic Dining: Temperature Checks, Time Limits, and Dividers
The experience of eating out in Hong Kong illustrates what it’s like to visit a restaurant right now.
How the Sunrise Foods buy spices up business for ITC
The move strengthens the tobacco major’s push towards non-cigarette FMCG business
Citi warns that coronavirus may push 31 million women into unemployment and knock $1 trillion from world GDP, Business Insider - Business Insider Singapore
Business Insider - Overall there are 44 million workers at risk of losing their jobs because of the pandemic, Citi said. 31 million women, and 13 million men.. Read more at businessinsider.sg
The impact of COVID-19 on Africa
Global solidarity with Africa is an imperative.
Maharashtra: For weary migrants taking train home, a free meal & bottled water
Since May 13, when they began with providing packed meals to passengers on board six or seven trains, they have clocked more than one lakh meals in total for those boarding the trains alone.
Hundreds stranded as Anambra, Delta govts shut boundary with iron barriers
This is coming after allegations that all the cases of COVID-19 discovered in Anambra involved persons that sneaked into the state from other areas recently.
Recovery plans unveiled This WEEK
Tough negotiations start this week on both the EU's recovery fund and its revised long-term budget, which are likely to determine the entire future of the bloc.
Southbank Centre at risk of closure until April 2021 due to financial pressure
The arts organisation has called for further Government support.
Huawei Kirin 1020 SoC Coming As Planned, US Sanctions Won't Affect It
It seems like Huawei’s Kirin 1020 SoC will launch as planned, recent US sanctions won’t affect its arrival. That is, at least, the case according to the
Covid-19: Ghaziabad administration seals border with Delhi, only essential services allowed
In view of spurt in Covid-19 cases with travel history to Delhi, the Ghaziabad administration has decided to seal off its borders with the national ca
Is Email the Future of Journalism?
With the industry in free fall, new models are emerging.
Unease in Greece as restaurants, cafes reopen
Restaurants and cafes across Greece opened ahead of schedule Monday as the country prepared to launch a shortened tourism season vital to its economy.
Volkswagen ordered to compensate motorists in landmark ‘Dieselgate’ ruling
A German federal court judge ruled on Monday that Volkswagen has to pay compensation to motorists who purchased vehicles with manipulated diesel engines, a major blow for the carmaker in its home mar…
Melon-aires not required as Japan premium fruit prices plunge
Tokyo: A pair of premium Japanese melons sold Monday for just a slice of the five million yen ($46,000) reached at auction last year, as the coronavirus bites hard.
FULL TEXT: US treasury letter requesting probe of Akinwumi Adesina
The United States department of treasury said it has requested for an independent investigation into allegations levelled against Akinwumi Adesina.
Bitcoin Cash Cryptocurrency Does “Not Look Healthy” After April Halving: Analyst
Just over a month prior to the Bitcoin (BTC) block reward halving on May 11th, forked cryptocurrency Bitcoin Cash (BCH) experienced its first-ever
Southbank Centre at risk of closure until April 2021 due to financial pressure
The arts organisation has called for further Government support.
IAF’s Second LCA Tejas Squadron To Be Raised At Sulur Air Base With FOC Configuration Aircraft
The Indian Air Force (IAF) will raise the second squadron of the indigenously developed and manufactured aircraft LCA Tejas at the Sulur Air Base in Tamil Nadu on Wednesday (27 May), Hindustan Times has reported.
NCDEX launches agriculture index futures, trading to start on Tuesday
Agridex represents produce grown in India and is not linked to any external benchmark; it will be available initially for trading of contracts expiring in June, July, September and December
Japan lifts coronavirus emergency in all remaining areas
Japanese Prime Minister Shinzo Abe lifted a coronavirus state of emergency in Tokyo and four other remaining areas on Monday, ending the restrictions nationwide as businesses begin to reopen.
'Indians soar in the skies again,' tweets aviation minister Hardeep Singh Puri
All health protocols were being followed by officials for both the arriving as well as departing air passengers.International commercial passenger flight services remain suspended in India
Polk CARES funding on its way to help small businesses
Help is on the way for small businesses in Polk County, as the first checks for the Polk CARES 2020 funding were mailed out Friday.
Russia Demands Apology From Bloomberg Over Report About Putin's Low Trust Rating
Russia has demanded an apology from the Bloomberg news agency over a report it published about President Vladimir Putin's low trust rating among Russians.
With 22% returns so far in 2020, Gold ETFs could help you polish your portfolio even in trying times
Gold has no doubt been the uncontested Student of the year in 2019 with a shining return of 24% annualised which renders financial assets pale in comparison.
All markets, fairs reopening in Kyiv May 25
Access to open-air sports and playgrounds will be allowed the same day.
Dancing with disinfectant: China's nightclubs back in the groove
Nightclubs in China have mostly come back to life as owners and customers feel increasingly comfortable the novel coronavirus epidemic is under control, but disinfectant, disposable cups and masks
100 High Yielders Down Big: These 4 Are Worth Considering
While the tech-heavy Nasdaq 100 nears all-time highs, select big dividend stocks remain attractively priced. This report shares data on over 100 high yield stoc
There’s a 77% Chance Bitcoin Trades Above $9,200 This Week: Market Study
Bitcoin may still be up 135% from March's lows, but the cryptocurrency's technical outlook is far from bearish.
Pennsylvania diner hit with suspension order after reopening: The curve is flattened, Gov. Wolf has 'gone too far'
The owners of a York, Pennsylvania diner that reopened in defiance of state coronavirus shutdown orders called out Democrats Monday for going "too far" after the state temporarily revoked their license to operate.
China tests global diplomacy and economy
The country risks nations’ pushback as it moves ahead with its ambitions under the cover of COVID-19.
Lotteries need a loan
Ontario is extending a line of credit of up to $500 million to its lottery and gaming agency.
Japan lifts coronavirus emergency in all remaining areas
TOKYO — Japanese Prime Minister Shinzo Abe lifted a coronavirus state of emergency in Tokyo and four other remaining areas on Monday, ending the restrictions nationwide as businesses begin to reopen.
New payment to support Kiwis through COVID
Hon Grant RobertsonMinister of Finance Hon Carmel SepuloniMinister for Social Development
'It's kind of glum': US farmers worry as crop prices dip
Dave Burrier steered his tractor through a field, following a GPS map as he tried to plant as much corn as possible amid the yellow and green rye covering the ground.
Vendors evicted from Mulungu landing site
The increased water levels in Lake Victoria left the market submerged, posing a health challenge to traders.
Oil steadies as demand uncertainty tempers supply cuts
Brent had eased by 5 cents, or 0.14 per cent to $35.08 a barrel by 1014 GMT
Uganda starts exporting mobile phones
The company, which employs 400 workers, is currently assembling and manufacturing 2,500 phones per day but has plans to double its capacity and recruit more workers....
Wheat procurement surpasses last year’s target
:A spectacular 55 per cent increase in wheat procurement in Madhya Pradesh as compared to the previous rabi marketing season has helped government agencies to surpass the total procurement of 341.3 la
Business Cheers Plans to Reopen South Africa’s Economy
South African business leaders lauded the government’s plan to substantially ease a nationwide lockdown that’s crippled the economy, even as the number of the coronavirus cases grows exponentially.
Spain to welcome foreign tourists back from July
Spain, on Monday, urged foreign tourists to return from July as one of Europe’s strictest lockdowns eased, with streets gradually filling
NGOs being starved of funds
Almost all big donations are now being diverted to the PM CARES Fund, as it provides 100% tax exemption and companies’ contributions to the Fund qualify as CSR
Japan lifts state of emergency for Tokyo, 4 other prefectures
Japan lifted a nationwide state of emergency over the coronavirus on Monday, gradually reopening the world's third-largest economy as government officials warned caution was still necessary to prevent another wave. "We had very stringent criteria for lifting the state of emergency. We have judged that we have met this," Prime…
NNPC says top management appointments on merit
The Nigerian National Petroleum Corporation (NNPC) says professional competence, adherence to the principle of transparency and..
Former British & Irish Lion named as interim chairman of Scottish Rugby
Last month it was announced that Colin Grassie would vacate his positions as chairman and non-executive director at the August 15 AGM.
Flyers, airlines grapple with new rules; glitches and lack of transport on day 1 of flights resumption
Indias busiest airports in Mumbai and Delhi have cancelled close to 200 flights since last night.
Hopeful of returning to work, scores of migrants return home
A number of migrant workers, who have left from Maharashtra's Pune city for their native places after being rendered jobless due to the lockdown, are hopeful that the situation will normalise and they would be able to come back to work.
MediaWorks announces 130 job losses
MediaWorks has announced that 130 staff are being redundant in its radio and sales teams.
Oahu archers want ranges reopened | Honolulu Star-Advertiser
For more than a decade, Clifford Smith practiced archery three to four days a week at the range in Patsy T. Mink Central Oahu Regional Park in Waipio, until the March 21 closure of city parks due to the new coronavirus caused him to set aside his arrows and bows.
Filipina domestic worker commits suicide in Lebanon
A Filipina domestic worker has committed suicide in Lebanon at a shelter run by her embassy, consular officials said Sunday, days after a rights group complained about accommodation at the shelter....
Dollar General: Hoping That Nothing Has Changed
Dollar General is about to report earnings for the second time since the COVID-19 crisis hit the United States. The retailer should benefit from both the stockp
2 employees at Mattamy Centre Loblaws test positive for coronavirus
Two team members from a popular downtown Loblaws location have tested positive for the coronavirus.
Venkaiah Naidu holds review meet with officials to discuss drinking water issue in Andhra Pradesh’s Udayagiri
Vice President of India, M Venkaiah Naidu held meeting with CEO of NITI Aayog, Secretary of Drinking Water and Sanitation, and Secretary.
Global stock markets confused as US and China spar, bring trade-tension to the forefront again
Asian stocks began the week in mixed fashion as traders weighed more signs of economies reopening around the world against the rise in U.S.-China tensions.
2 Social Security Moves That Can Protect Your Retirement From Future Benefit Cuts
Social Security cuts may be on the horizon, but you can still safeguard your retirement.
Japan lifts Tokyo’s state of emergency, eyes fresh stimulus
TOKYO, May 25 — Japanese Prime Minister Shinzo Abe said today that Japan will lift a state of emergency for Tokyo and four remaining areas later in the day but that it could be reimposed if the pace of infections picked up. Social distancing curbs were loosened for most of the country on May 14...
CBSE increases exam centres from 3000 to 15,000 for pending board papers: HRD Minister
CBSE increased its exam centres from 3000 to 15,000 now to ensure social distancing during board exams. The board exams will begin from July 1.
Algeria announces 4GW plan to grow solar capacity ten-fold by 2025
Algeria plans to grow its solar generation almost ten-fold to support increasing domestic demand while boosting its position as an energy exporter.
In China's auto market, worries grow that cashback deals and gifts presage damaging price war
Cashback offers, up to 10 free oil changes, generous prepaid gasoline cards - these are just some of the giveaways China's auto dealerships are ...
Upstate 19-year-old creates business to help with shortage caused by COVID-19
A 19-year-old in Gaffney saw a shortage caused by COVID-19. Hart Bridges then decided to start his own mask business called Rosleck Safety to help.
Japan to End Tokyo’s State of Emergency, Eyes Fresh $930 Billion Stimulus
A customer wearing a protective mask enters an internet cafe at night in the Shibuya district of Tokyo, Japan, on … Japan to End Tokyo’s State of Emergency, Eyes Fresh $930 Billion Stimulus Read More »
Fire at Bombardier plant being treated as accidental
A fire at the Bombardier Aerospace plant in Belfast is being treated as accidental.
Oil falls as US-China tensions take toll
Oil prices eased on Monday on concerns over rising tensions between the United States and China over Beijing's plans to impose security laws on Hong Kong and the possibility of sanctions from
This Is My Problem With DP Ruto – COTU Boss Atwoli
Central Organization of Trade Union (COTU) boss Francis Atwoli has indicated that he has no personal differences with the Deputy President William Ruto despite being his harsh critic.Speaking at a
NGT appoints committee to investigate Manali gas leak
Wants panel to find out whether emission standard of ammonia in the plant was within the limits
The Nigerian fraudsters ripping off the unemployment system
"Scattered Canary" group is scamming vital benefits programs amid the pandemic.
Coronavirus lockdown: UPSRTC to restart operations soon, MHA nod awaited
"The start of operations and modalities will depend on the directions of the MHA and state government regarding the lockdown and its opening after May 31," he added
‘Impact investing is going to be the mainstream’
Aavishkaar’s Vineet Rai believes that Covid-19 has forced the world’s richest people into thinking more about resilience than returns
Letters: Find better ways to track quarantined visitors; Pub owner struggles without help; Asian Americans face epidemic of racism | Honolulu Star-Advertiser
The current efforts to enforce the 14-day quarantine by becoming more and more punitive are futile. Those who are law-abiding are not a problem. Those who are not, will find a way around the law.
Kotak Mahindra Bank gets shareholder nod to issue 6.5 crore equity shares
Kotak Mahindra Bank plans to raise as much as Rs 7,500 crore by way of issue of 6.5 crore equity shares of Rs 5 each through a private placement, follow-on public offering (FPO), qualified institutions placement (QIP) or a combination thereof
With these tools, you can have productive meetings just like these Fortune 500 CEOs
If you want to take your organization's meetings to the next level, listen to these Fortune 500 CEO's.
VW owners in Germany can claim damages, court rules
Court rules against carmaker for selling vehicles with manipulated diesel engines
The artisans behind Italian fashion tremble at their future
Until recently, some of most intricately embroidered fabrics in the world, like those found in garments designed by Giorgio Armani, Valentino, Etro and Prada, have come out of a duplex apartment complex in Milan, the home of a small business called Pino Grasso Ricami.
CEO buys ailing New Zealand media giant for one dollar
Nine said that Stuff chief executive Sinead Boucher would take over the company, which operates New Zealand's most popular news website, stuff.co.nz, and titles such as Wellington's Dominion Post and the Christchurch Press.
Frydenberg’s changes to shareholder class actions smack of ‘cronyism’, lawyers say
The move has been made using emergency Covid-19 powers and favours company directors, they say
Southbank Centre at risk of closure until April 2021 due to financial pressure
The arts organisation has called for further Government support.
Economic shock from COVID-19 to lead to higher indebtedness, Poloz says
Canada's response to the COVID-19 pandemic will 'clearly lead to higher indebtedness' once the economic shock has passed, Bank of Canada governor Stephen Poloz warned Monday.
The problem with the liquidity push
Even if partially successful, it will culminate in eventual default; the crisis is only likely to intensify
Change in flight schedule catches passengers off guard at RGIA
Airport scheduled to handle 120 aircraft could operate only 39 flights
Industry gearing up for normal activity
At present, many units run by scaling down production
Bengal and Assam tea sector estimated a loss of Rs 2,100 crore due to lockdown
Indian tea sector has estimated loss of Rs 2,100 crore in Assam and Bengal due to lockdown. This is based on the price recovered in 2019 North India tea auctions. These two north Indian tea producing states contribute over 80% to India's national yield. The plantation sector has requested government for a multidirectional financial package to come out of the crisis.
Gamba police stranded after floods maroon station
Homes and offices were rendered inaccessible as officers tried to salvage their property from the water.
Accountability group calls for COVID-19 transparency, whistleblower protection
OTTAWA — An ad-hoc transparency group is calling on governments to make crucial records related to the COVID-19 pandemic open by default as a measure of accountability to the public.
Finals on NBC, averaged 5 million
NEWS IBC - Finals on NBC, averaged 5 million NEWS IBC - Finals on NBC, averaged 5 million
307 ha of fallow land brought under cultivation during lockdown
NT NETWORK Panaji Though the lockdown, which has been imposed in the wake of COVID-19 pandemic for the last over two months, has had an adverse impact on
Salon shop owners face a cut in earnings
Drop in customers and increase in operating costs put them in soup
VW loses landmark German case as diesel owners stand to receive damages
A German federal court judge ruled that Volkswagen has to pay compensation to motorists who purchased vehicles with manipulated diesel engines, a ...
Old-fashioned milkman makes rounds as US shoppers stay home
The milk truck can be heard more than a block away, chugging along the narrow tree-lined streets of Washington’s historic Capitol Hill neighborhood.
GBP/USD: All ears to the ground for Brexit themes ahead of June 30
GBP/USD is currently trading at 1.2192 and slightly higher at the start of the week. Investors remain bullish on the relaxation of lockdown measures w
In race for tourism, Greece reopens cafes, island ferries
Greece restarted regular ferry services to its islands Monday, and cafes and restaurants were also back open for business as the country accelerated efforts to salvage its tourism season.
Domino's relaunch Click & Collect service
Domino's has launched a Click & Collect service in 19 of its restaurants nationwide.
Nigeria's GDP grew by 1.87 per cent in Q1 - The Nation Nigeria
The National Bureau of Statistics (NBS) has said that the First Quarter of 2020, Nigeria's Gross Domestic Product (GDP) grew by 1.87 per...
The Fed's Corporate Lending Facilities: A Case Of Pseudo Markets
Although the Fed's intent is to provide temporary liquidity to large U.S. firms, the promise of supporting corporate bond prices and making loans to highly leve
Gujarat: After almost two months with little work, money, 47 migrant workers return to Bihar
On May 19, in the fourth phase of lockdown, the contractor was ready to walk back home. For this duration, the group of workers had been stranded without any work or money. “Our bags are packed and we are ready to walk to Bihar... We have no option left.”
Use pandemic to stop brain drain, MPs told, as payments for CERB top $40 billion
The federal government should use the COVID-19 pandemic to reverse a brain drain of top tech talent south of the border, a House of Commons committee heard Monday, alongside warnings that companies would leave Canada if taxes go up to pay for massive deficits.
Extend MGNREGA work to 200 days, says PMK
The PMK on Monday demanded that work under the Mahatma Gandhi National Rural Employment Guarantee Act be extended to 200 days instead of the present 100 days.In a statement, its founder S. Ramadoss sa
IDFC First Bank seniors to forgo 65% of bonus amid Covid-19 crisis
V Vaidyanathan, managing director and chief executive, will take 30 per cent cut in his compensation, including fixed compensation as well as all allowances.
Liquor shops open in U.T.
The outlets will function from 10 a.m. to 7 p.m.
Nearly 10% of Bitcoin’s Current Supply is Dormant; Why This Matters
Data shows that Bitcoin may also be scarcer than previously thought, as 7.78% of the current BTC supply hasn’t been moved in over 10 years.
Snowfall expected in Eastern, Western Cape provinces on Tuesday
The Eastern and Western Cape provinces can expect snowfall on Tuesday, according to the South African Weather Service, with some areas experiencing cool to cold weather.
A well-balanced stimulus package
It will minimise the human cost of the COVID-19 crisis and also pave the path for structural reforms
UBS to Create Fintech-Specific Venture Fund
UBS Group, a Swiss investment banking giant, is creating a venture capital fund with a corpus of hundreds of millions of dollars of its own fund.
Lufthansa, German government agree on rescue package: dpa
The German government and the management of flagship carrier Lufthansa , which has been hit hard by the coronavirus pandemic, have reached an ...
Intuit Posts 8 Pct Q3 Revenue Hit
Intuit, the maker of financial software TurboTax, QuickBooks and Mint, posted an 8 percent decline in revenue for the quarter ending April 30.
JetBlue Airways: Beware The Pending Capital Raise
JetBlue's 1Q commentary points to an April trough. I am less confident about JetBlue leading a recovery given its exposure to the Northeast. The ~$750 million c
Fear of airline bankruptcies triggered knee-jerk opening; but states not playing ball
Aviation Minister Hardeep Singh Puri's plea for 'cooperative federalism' shows that Centre anticipated some resistance to reopening domestic flights; they why were flights restarted without consulting the states?
Chennai Firms Seek Better Stimulus As 17 Estates Reopen With 25% Staff
M Balachandran's automotive component manufacturing unit at Chennai's industrial hub Ambattur is back to life. With just a quarter of his 50 workers permitted, it's not business as usual. He has paid full salary for March but could pay only half for April.
Govt. directs TTD to put sale of properties on hold
Decision comes a day ahead of BJP’s call for Statewide protest
Early take-off: On resumption of air travel
With no consensus on health monitoring of passengers among States, travel remains risky
Some Kelowna business owners feel unheard with no hearing on supportive housing project
A new homeless housing complex destined for Ellis Street in Kelowna’s North End is being launched with no input from the neighbours.“It’s
Uttar Pradesh releases skill map of migrant workers
State government says it will provide them jobs as per their skills, experience.
Regeneron to buy back $5 billion stake held by Sanofi
(Reuters) - U.S. drugmaker Regeneron Pharmaceuticals said on Monday it would repurchase about $5 billion of its shares directly from France’s Sanofi, without altering their over-a-decade-long partnership.
UCD rules out fees refund sought by students due to Covid-19 ‘disruption’
Hundreds of international students seek partial rebate due to impact on experience
On Day 1 of Last Week of Lockdown 4.0, India Reopens Skies; Sees Worst Single-Day Spike of 6,977 | 10 Points
With nearly 7,000 new cases in last 24 hours, India now has a COVID-19 count of more than 1.4 lakh, the tenth-highest in the world, overtaking Iran.
Joe Biden made his first appearance outside his home in 2 months to honor Memorial Day at a veterans park in Delaware, Business Insider - Business Insider Singapore
Business Insider - Biden and his wife, Jill, wore black face masks in their first public appearance during the coronavirus pandemic.. Read more at businessinsider.sg
Lockdown casts shadow on Id
Festivities restricted to families; the spread at the dining table too was simpler
Officials swing into action asreturnees’ numbers swell
Zero in on NREGA to provide temporary livelihood
No interim relief for HDIL promoters
A Sessions court has rejected the interim bail plea filed by Rakesh and Sarang Wadhawan, promoters of Housing Development and Infrastructure Limited (HDIL) and key accused in the Punjab and Maharashtr
2.4 lakh subsidised Tirupati Laddus sold in AP on day-one
Observing all COVID-19 guidelines in the presence of local government machinery, the devotees queued up at TTD marriage halls and TTD Information Centres for the sacred prasadam.
Penticton Farmers' Market could open this weekend
The Penticton Farmers' Market could open for the season as early as this weekend.Market manager Katherine Harris says they are awaiting final permits fr
Don’t try to fool government
Concrete answers are few and far between during a pandemic, which is why there weren’t a lot of them during the Kelowna Chamber of Commerce’s monthly webinar on Monday.
Buhari reportedly probes Late Kyari's office, cancels appointments
Though no reason was given for the president’s action, reports suggested no less than 150 memos that didn’t have his authorisation may have been uncovered.
India, China Hold Talks To Resolve Issue On Ladakh Border; No Breakthrough Achieved Yet: Report
Sources said, there have been five rounds of talks between military commanders on the ground.
Alberta minister says it’s a ‘great time’ to build a pipeline because COVID-19 restrictions limit protests against them
Sonya Savage made the comment Friday in a podcast hosted by the Canadian Association of Oilwell Drilling Contractors
Old Bitcoin Miner Proves Craig Wright has No Access to 145 Tulip Trust Addresses
Signed messages claiming Craig Wright is a fraud were sent from 145 Bitcoin addresses Wright listed were his in the Tulip Trust. The addresses seemed to have be
Accountability group calls for COVID-19 transparency, whistleblower protection
OTTAWA - An ad-hoc transparency group is calling on governments to make crucial records related to the COVID-19 pandemic open by default as a measure of acc
SEBI steps in to de-stress the stressed, but are the measures taken by the regulator good enough?
With the stock markets volatile and investor community uncertain, primary investments in listed companies have stagnated.
Lufthansa, German government agree on US$9.8 billion rescue package: sources
The German government and the management of flagship carrier Lufthansa , which has been hit hard by the coronavirus pandemic, have reached an ...
Inside AfDB 'whistleblower' allegations against Akinwumi Adesina
Mr Adesina denies wrongdoing and the Bank's ethics committee sides with him.
Dancing with disinfectant: China’s nightclubs reopen as lockdowns ease
SHANGHAI – Nightclubs in China have mostly come back to life as owners and customers feel increasingly comfortable the novel coronavirus epidemic is under control, but disinfectant, disposable
Iranian tanker docks in Venezuelan port, domestic refining rises
VALENCIA — The first of five Iranian tankers carrying fuel to Venezuela has moored at a port serving the El Palito refinery, the oil minister said on Monday, and Refinitiv Eikon data showed a second vessel had entered its waters.
Intuit Posts 8 Pct Q3 Revenue Hit
Intuit, the maker of financial software TurboTax, QuickBooks and Mint, posted an 8 percent decline in revenue for the quarter ending April 30.
USD/JPY looks to end day near 107.70 with small gains
The USD/JPY pair is fluctuating in an extremely tight 15-pip range on Monday as US investors enjoy a long-weekend in observance of Memorial Day. As of
Canada Revenue Agency extends some trust and corporate filing deadlines
The agency says it will allow businesses to defer T2 corporation income tax returns otherwise due in June, July or August, to Sept. 1
View: With the global supply chain being reconfigured, India must intelligently restructure its economy
Indias aspirations have been whetted by its improving ease of doing business, though more needs to be done.
Use pandemic to stop brain drain, MPs told, as payments for CERB top $40 billion
The federal government should use the COVID-19 pandemic to reverse a brain drain of top tech talent south of the border, a House of Commons committee heard Monday.
Akinwunmi Adesina: US demands investigation into AfDB's decision on Nigeria's ex-minister
Following the allegations of impropriety against the president of the African Development Bank (AfDB), Akinwumi Adesina, the US government has demanded a probe.
Time to push pipelines?
Alberta's energy minister says it's a good time to build a pipeline because public health restrictions limit protests against them.
Museveni to open face mask factory in Mukono
The company currently employs over 200 Ugandans, who have been trained in the production of face masks.
As malls reopen across the country, worries grow that consumers won't come back
Malls across the country are beginning to open their doors after weeks of government-mandated shutdowns, but both operators and retail tenants are stepping into uncharted territory amid the COVID-19 pandemic.
China’s crypto is all about tracing — and power
If the experiment succeeds, this new cash, valued the same as the familiar banknotes bearing Mao Zedong’s image, will become the world’s first sovereign token to reside exclusively in the ether.
IAF to operationalise second Tejas squadron in Sulur in Tamil Nadu on May 27
The Indian Air Force will operationalise its second squadron comprising indigenously developed light combat aircraft Tejas on Wednesday at Sulur airbase near Coimbatore. Chief of Air Staff Air Chief
Canada Revenue Agency extends some trust and corporate filing deadlines
The Canada Revenue Agency is extending some of the filing deadlines for corporations and trusts in a move to help businesses and tax preparers dealing with the COVID-19 pandemic.
FM’s package of no use to micro enterprises: ex-CM
‘A fresh Budget must be presented in Parliament's next session’
Tirumala laddus fly off shelves in no time
Stocks at district headquarters evaporate in no time
Segalink moves to help investors recover their debt from Wale Jana
Human Rights Activist, Segun Awosanya aka SegaLink has made moves to help investors recover their debt from Saphire scents C.E.O, Wale Alade Jana. Taking to Twitter earlier today, Segalink shared a press release in which he
Flight operations in Andhra Pradesh to resume today
The State government has listed guidelines for passengers and airlines in view of resumption of domestic operations in the country. An order by the Department of Infrastructure and Investments has bee
Joe Biden made his first appearance outside his home in 2 months to honor Memorial Day at a Delaware veterans park
Biden and his wife, Jill, wore black face masks in their first public appearance during the coronavirus pandemic.
Coronavirus could bankrupt German FA, warns treasurer
The coronavirus crisis could "potentially threaten" the existence of the German Football Association (DFB), its treasurer has warned Monday.
Elaborate arrangements at RGIA
No stipulation of 14-day quarantine period for those without any symptoms
Traders report tomato shortage as pest reappears in Kano
Tuta Absoluta, also known as Tomato Leafminer or Tomato Ebola, was first recorded in Nigeria in 2015 but has reappeared and ravaging farms across Nigeria
Delay in projects to impact profitability in FY21, says Cochin Shipyard
There will not be any additional impact due to liquidated damages for delay in running projects as it has already invoked Force Majeure clause available in all the contracts
Spain urges foreign holidaymakers to return in July
Spain has urged foreign holidaymakers to return in July as one of Europe's strictest lockdowns eased, though tourism businesses were sceptical about salvaging the summer season.
Mint Lite | Top 5 news and views around the world
News and views, opinions and talking points from around the world to start your day
Payments for CERB top $40-billion as feds open doors for commercial rent help
Landlords with up to 10 eligible tenants located in Atlantic Canada, British Columbia, Alberta or Quebec could apply online Monday
Bain's Mike Murphy must dive deeper at Virgin
Bain Capital has pushed its local boss Mike Murphy into the spotlight as it fights for Virgin. It's a position that's familiar to the former Olympic diver.
Nearly three-fourths of professionals prefer Work From Home option
Around 7 out of 10 working professionals prefer Work From Home (WFH) option.Further, close to 80 per cent believe that WFH could ensure clean air, and 65 per cent of the respondents call on the Govern
Bayer, Lufthansa drive gains in Europe amid holiday-thinned trading
European stocks rose to kick off the week on Monday, albeit with the action thinned by holidays in the U.K. and the U.S.
Public sector wage battle looms for the Berejiklian government
The Berejiklian government will face a revolt from the Opposition, Greens and the crossbench in the upper house if it attempts to freeze public sector wages.
Transat extends Air Canada takeover timing following European regulatory review
In a news release on Monday, European authorities expressed concern over a decrease in competition on 33 routes between Canada and Europe.
‘Material disclosure’ is imperative at this time
Investors need to be frequently updated on Covid-19’s impact on companies
5 economic statistics that show the financial devastation of the pandemic for average Americans, Business Insider - Business Insider Singapore
Business Insider - The coronavirus pandemic has plunged the US into its worst recession in nearly a century with millions of people suffering job losses.. Read more at businessinsider.sg
40% travel, tourism firm staring at complete shutdown risk in next 3-6 months: Report
Around 40 per cent companies operating in the travel and tourism sector are staring at the risk of complete shutdown over the next 3 to 6 months, says a
Coronavirus: Superannuation accounts drained of $13.2b as people look to meet living costs
Industry leaders warn it comes with a hefty price tag.
Meat industry is trying to get back to normal, but workers are still getting sick
Tyson Foods, the largest meat processor in the United States, has transformed its facilities across the country since legions of its workers started getting sick from the novel coronavirus. It...
Industry funds pummeled by early superannuation withdrawals
The Australian Prudential Regulatory Authority (APRA) has released its weekly update on the Morrison Government’s early release policy, which reveals that another 1,650 million funds were withdrawn in the week ending 17 May, with total withdrawals topping $10.6 billion:
EUR/USD Price Analysis: Flat-lined below 1.0900 mark amid holiday-thinned liquidity
The EUR/USD pair lacked any firm directional bias and seesawed between tepid gains/minor losses through the early North American session on Monday. Th
Will the tax exemption for butter imports be cancelled? - Inside Israel
Finance Min. Yisrael Katz approves continued butter imports, as Agriculture Min. Alon Schuster pushes to cancel import tax exemption.
Experts urge govt to lock in crude oil purchases as prices start rising
They suggest it is time the govt chipped in as a sovereign oil hedger, perhaps by taking hedging as a Cabinet decision
India has surplus capacity, may allow export of masks in a week: Sources
Exports of personal protective equipment (coveralls) may be considered next as far as export curbs go
Law firms, retailers pull bids for COVID-19 award changes
Employers and unions call time on new award flexibility deals to save jobs in response to the coronavirus shutdown, as restrictions continue to ease.
Two workers of Toronto Loblaws test positive for COVID-19, now isolating at home
TORONTO — Two workers at a Loblaws grocery store at the old Maple Leaf Gardens in Toronto have tested positive for COVID-19. Loblaw says it closed the store briefly to allow for additional cleaning and has since reopened.
Virus-hit Fiji Airways cuts workforce by half
Pandemic-hit Fiji Airways fired more than half its workforce Monday, as travel restrictions put the islands' vital tourism sector in deep freeze and reduced the national carrier's revenue to "virtually zero".
Excavation work begins at Adichanallur, Sivakalai sites
Originally scheduled for March 15, the work was delayed due to lockdown
Heatwave intensifies in northern India, Churu hottest at 47.5 deg C
India News: NEW DELHI: Heatwave conditions intensified in most of the northern states of India on Monday, with Churu in Rajasthan scorching at 47.
Changes will likely stay
Ken Beattie is old enough to recall when B.C. pubs had to keep their doors closed to anyone looking for a cold one on a Sunday.
'It's kind of glum': U.S. farmers worry as crop prices dip
American farmers are seen to lose billions of dollars in revenues amid the coronavirus pandemic
Elizabeth Warren, after swearing off top-dollar fundraisers, to hold one for Biden
Sen. Elizabeth Warren – who during her White House bid repeatedly forswore top-dollar fundraisers with wealthy donors – will host such a gathering for presumptive Democratic presidential nominee Joe Biden next month.
Lufthansa, German govt agree on rescue package amid travel slump: Report
Rivals such as Franco-Dutch group Air France-KLM and U.S. carriers American Airlines, United Airlines and Delta Air Lines have also sought state aid
3 Big Casinos Have a Lot to Lose in a Coronavirus Blame Game
A war of words over COVID-19 could have far-reaching repercussions.
Door opens for Telstra as NBN 'proves itself' in lockdown
The communications minister believes the COVID era has proved the NBN has the capacity needed. But he has pledged future upgrades and hinted Telstra's InfraCo could be its eventual owner.
BT Buzz: Bike rentals back in vogue as Vogo, Bounce regain 30% of pre-COVID business
To retain and sustain this demand, bike rental start-ups are emphasising on two things - one, change in business model, and the another, focus on sanitisation
Oppenheimer Asset Management Inc. Acquires 11,774 Shares of Aptiv PLC (NYSE:APTV)
Oppenheimer Asset Management Inc. increased its holdings in shares of Aptiv PLC (NYSE:APTV) by 358.7% during the first quarter, HoldingsChannel.com reports. The fund owned 15,056 shares of the auto parts company’s stock after buying an additional 11,774 shares during the quarter. Oppenheimer Asset Management Inc.’s holdings in Aptiv were worth $741,000 as of its most […]
Board diversity may be a COVID casualty
Boards must refrain from using the coronavirus crisis as an excuse to revert to old habits when it comes appointing directors, the Australian Institute of Company Directors said.
Indian innovators step up to make world class ventilators
‘These ventilators will cost only a fraction of foreign made ones’
Despite glut, Government unlikely to cut fuel prices, says Dharmendra Pradhan
It is a conscious decision: Pradhan
Most agritech start-ups have seen a V-shaped recovery: Omnivore’s Kahn
Omnivore, the largest agritech-focussed venture capital firm in the country, has continued to make fresh and follow-up investments in two dozen Indian startups despite the crisis triggered by the Covi
Credit score drop? How to diagnose why, and what to do next
As the pandemic hits the economy hard, lenders and credit card issuers are offering payment modification programs such as forbearance and deferrals.
Back to the future on class actions
The government's move to impose controls on litigation funders takes the industry back a decade.
Lock your cars! Vehicle theft spikes in COVID-19 pandemic
With more people than ever staying home to lessen the spread of COVID-19, their sedans, pickup trucks and SUVs are parked unattended on the streets, making them easy targets for thieves.
Lock your cars! Vehicle theft spikes in COVID-19 pandemic
With more people than ever staying home to lessen the spread of COVID-19, their sedans, pickup trucks and SUVs are parked unattended on the streets, making them easy targets for thieves.
Maduro Defends Iran & Venezuela’s Right to 'Trade Freely', Thanks Tehran for Help Amid US Sanctions
The first Iranian tanker carrying gasoline and the components to produce it from oil arrived in the Bolivarian Republic on 24 May, despite the two countries' concerns...
Sally Pipes: Coronavirus recovery — Want to help the economy? Don't do this
In a rush to help, the government risks hamstringing our economic recovery in the coming months.
Montreal-area retailers reopening to public, with distancing measures in place
Many retail stores in Montreal area are opening their doors today, with customers being asked to remain spaced apart and follow hygiene protocols.
On-Chain Metrics Show Ethereum Addresses Grow 350% From 2018 Figures
Ahead of Ethereum’s move to staking after its 2.0 “Serenity” update, investment and wallet activity on the network is increasing. The protocol has received a boost in recent times, driven by both institutional and technical factors.
Day 1 of flights resumption: Airlines walk an extra mile to ensure safe ops
Domestic operations were suspended on March 24. While cargo and relief operations are underway, a majority of aircraft had to be maintained in proper condition.
Coronavirus lockdown | Congress online move for direct cash transfer to non-I-T payees
Party expects at least 50 lakh of its workers, office-bearers and sympathisers to participate in Thursday event
PNB fraud case: Interpol notice against Nirav Modi's brother put up for public viewing again
A Belgian citizen, Nehal Deepak Modi is wanted by the Central Bureau of Investigation (CBI) in a case of alleged fraud committed by his elder brother, Nirav, in the Punjab National Bank (PNB), they added. Nehal Modi's name figured as the accused number 27 in the supplementary chargesheet filed by the CBI, which charged
As edible oils pact with Malaysia, Indonesia ends, India should now hike import duties: SEA
Among long term measures, SEA has suggested the government to encourage Punjab and Haryana farmers to divert land to corn or sunflower in kharif season and mustard in rabi season.
IAF's 18 Squadron with LCA Tejas to be operational on May 27 at Sulur
The 18 Squadron was formed on April 15, 1965 with the motto 'Teevra aur Nirbhaya' meaning 'Swift and Fearless'.Tejas is an indigenous fourth-generation tailless compound delta wing aircraft
Iranian fuel tanker docks in Venezuelan port, more underway
VALENCIA (Venezuela), May 25 — The first of five Iranian tankers carrying fuel to Venezuela has moored at a port serving the South American country’s El Palito refinery, the nation’s oil minister said today, and Refinitiv Eikon data showed a second vessel had entered its waters. Iran is...
Cyclone Amphan | NDRF relief disbursed to West Bengal, Odisha
National Crisis Management Committee apprised of ground situation by West Bengal Chief Secretary
First Iranian oil tanker docks in Venezuela
The first of five Iranian tankers carrying much-needed gasoline and oil derivatives has docked in Venezuela and a second one entered its waters, the government said on Monday amid concern in Washington over the burgeoning relationship.
Slump in consumption, exports push Germany into recession in Q1
The Federal Statistics Office said capital investments fell by 6.9 percent, private consumption by 3.2 percent and exports by 3.1 percent between January and March compared with the last three months of 2019.
5 economic statistics that show the financial devastation of the pandemic for average Americans
The coronavirus pandemic has plunged the US into its worst recession in nearly a century with millions of people suffering job losses.
Pay Cut Law Failure: Remuneration Authority Refuses To Use New Powers
The Remuneration Authority’s refusal to cut salaries for councillors and mayors paid under $100,000 makes a joke of the Government’s much-vaunted pay cut legislation, says the New Zealand Taxpayers’ Union.
Volkswagen agrees to compensate tens of thousands of German motorists
Leipzig court ruling opens door to claims from at least 60,000 car owners
Oliver Mangan: In the absence of a vaccine, economies are going to need all the help they can get
Survey data that are beginning to come through on the main economies for May warrant careful interpretation.
Bank of Baroda to move Karnataka high court to restrict NMC founder BR Shetty from selling assets
Earlier this month, a session court in Bengaluru had frozen the asset of the founder of the NMC Health group, restricting BR Shetty and his wife from selling or transferring properties
IndexIQ Advisors LLC Buys Shares of 10,279 KB Home (NYSE:KBH)
IndexIQ Advisors LLC bought a new stake in KB Home (NYSE:KBH) in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 10,279 shares of the construction company’s stock, valued at approximately $186,000. A number of other hedge funds also recently modified their holdings of KBH. […]
Venezuelan Navy frigates, like these in a 2019 exercise, are being used to escort Iranian tankers carrying badly needed fuel to port in Venezuela
The first of five Iranian tankers carrying much-needed gasoline and oil derivatives has docked in Venezuela and a second one entered its waters, the government said on Monday amid concern in Washington over the burgeoning relationship. The United States has closely monitored the shipments, concerned
British Columbians can book a provincial campsite starting today
British Columbians will now be able to reserve a campsite at many -- but not all of -- B.C.'s provincial parks.
Kosciuszko National Park wild horse numbers swell, the campaign to protect them could be a byelection issue
If moves to protect Victoria's wild horses fails, the focus for supporters is certain to shift into Eden-Monaro.
The Arrival Of The 'Unavoidable Pension Crisis'
I wrote an article in 2017 discussing the “Unavoidable Pension Crisis.” At that time, most did not understand the risk. Since then, the situation has continued
Balloch bridge roadworks to restart this week after being suspended
The Lomond Bridge works will resume.
Jharkhand's daily-wage labourers left out of PDS safety net fear starvation as employment dries up during COVID-19 lockdown
The white ration card has become a bane for many daily-wage workers in many districts of Jharkhand, especially Palamu, Simdega, West Singhbhum, and Bokar. More so, since the nationwide lockdown over the coronavirus pandemic has left them without any income for more than two months.
Can You Catch the Coronavirus From Handling Cash? Here's What Experts Say
Several experts refute arguments that physical banknotes may be more dangerous than we think, as the risk of the coronavirus is increasing.
Pound Sterling Price News and Forecast: GBP/USD looking to the upside
At the end of last week, the GBP/USD exchange rate consolidated at 1.2180. During Monday morning, the rate maintained its consolidation. Note that the
Public sector wage battle looms for the Berejiklian government
The Berejiklian government will face a revolt from the Opposition, Greens and the crossbench in the upper house if it attempts to freeze public sector wages.
Gold Price News and Forecast: XAU/USD - Great Recession vs. 2020 coronavirus crisis
The gold futures contract gained 0.79% on Friday as it slightly retraced Thursday decline of 1.7%. On Thursday it extended a downward correction from
IKEA is opening “urban concept store” in Piraeus
Popular Swedish furniture and houseware retailer, IKEA, will open its first "urban concept store", in the centre of Piraeus.
Hopes staycations will bring boost for tourism industry hit by Covid
The county's councils are uniting in a bid to lead Shropshire's post-pandemic tourism recovery – amid suggestions that local operators could benefit from a huge rise in 'staycations'.
Swiss National Bank Purchases 138,500 Shares of Lincoln National Co. (NYSE:LNC)
Swiss National Bank grew its position in Lincoln National Co. (NYSE:LNC) by 21.9% during the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 769,805 shares of the financial services provider’s stock after purchasing an additional 138,500 shares during the quarter. Swiss National Bank owned approximately […]
French carmaker Renault could close plants and cut jobs: union
PARIS (Reuters) - French carmaker Renault (RENA.PA) could unveil job cuts and plants closures on Thursday as the company looks to save 2 billion euros ($2.2 billion) in costs, a representative for far-left union CGT said on Monday.
Bongi and Bulls: A case of unfinished business?
In his latest Rucking with Rob newsletter, Rob Houwing says he was surprised to hear rumours that Bongi Mbonambi could return to the Bulls.
Ukrainian workers start returning to Poland as lockdown eases
CHERNYAKHIV, Ukraine (Reuters) - Coronavirus or no, Vadym Diachenko needed no persuading when an employment agency offered to fly him back to Poland from his native Ukraine to work at a meatpacking plant.
Forget panic buying, panic driving is next virus fad
The challenge of getting to work using the traditional means of public transport creates a dilemma.
Man Utd’s huge price-tag for Pogba set to fend off Juventus but quartet still linked with swap deal
Will a return to Turin be taken off the table?
Forget panic buying, panic driving is next virus fad
The challenge of getting to work using the traditional means of public transport creates a dilemma.
Inside the impact bid to save AAP
The consortium has already begun sounding out key AAP customers, which have indicated support for a new version of the newswire service.
Moving account reminds us of our good fortune
Age readers discuss life in lockdown and the gradual easing of restrictions.
Bityard: Leveraged Crypto Futures Trading With a Regulated Exchange
Bityard’s mission is to create secure, simple, and fast crypto-asset trading services for people all over the world.
5 economic statistics that show the financial devastation of the pandemic for average Americans
The coronavirus pandemic has thrown America into it’s worst economic downturn since the Great Depression nearly a century ago.
Are stock investors too complacent about a full-scale blowup between China and the U.S.? Here’s what Wall Street experts say
China and the U.S. are back in the headlines — but are investors paying sufficient attention to the risks of a geopolitical clash?
Banks continue to lend less even as deposit growth improves, credit growth now at mere 6.5%
Risk-averse banks have continued to lend less and less to customers despite the double-digit growth seen by bank deposits.
COVID-19 will activate old & new disputes in East Asia
The trajectory of the COVID-19 pandemic now appears to be similar across the world. That the world may be different after this pandemic is a given. What is worrying is the fact that it is shaping
Less than 30% of fuel depots operating – DAPPMAN
’Femi Asu Most fuel depot operators have been forced out of business as the Nigerian National Petroleum Company emerged the sole supplier of imported fuel in recent years, the Depot and Petroleum ...
Coronavirus devastates travel, tourism! 40% firms staring at complete shutdown risk in next 3-6 months, says report
About 49 per cent are deferring their capital expenditures and interestingly, 41.6 per cent companies are introducing new services.
Crashed PIA plane's pilot ignored 3 warnings to lower altitude: Report
The Airbus A-320 aircraft from Lahore to Karachi was 15 nautical miles from the Jinnah International Airport in Karachi, flying at an altitude of 10,000 feet above the ground instead of 7,000 when the Air Traffic Control (ATC) issued its first warning to lower the plane's altitude, Geo News quoted an ATC report as sayi
Indian Court Orders Seizure of South Korean Multinational LG Polymers Plant
New Delhi (Sputnik): A gas leak at a South Korean multinational LG Polymers plant in southern Andhra Pradesh on 7 May killed 11 people and made over 500 people sick in...
Furore Over Tirupati Tirumala Temple Board’s Decision To Sell 23 Land Assets In TN, TTD Chief Says 129 Properties Sold Since 1974
The Y S Jagan Reddy government is being accused of trying to sell the TTD lands to supporters of YSR Congress Party.
Covid impact: Icra pegs GDP growth at 1.9% in Q4 and 4.3% in FY20
Earlier, the second advance estimates of the government pegged the growth at 5 per cent in 2019-20, but analysts had doubted that number
Delhi-Ghaziabad border to be resealed, only essential services allowed
However, the district administration said that those providing essential services, including doctors, paramedical staff, police, bank employees and media personnel are allowed to move across the two cities after showing identity cards. No special pass will be required, it said.
Group to Buhari: punish breach of Procurement Act in NDDC
A non-political pressure group, the Global Forum for Accountability and Transparency, Nigeria, has urged President Muhammadu Buhari to..
SIA investigating after pilot who flew into Bangladesh airspace couldn't give clearance number
SINGAPORE: Singapore Airlines (SIA) is investigating an incident where a pilot who flew into Bangladesh airspace was unable to provide a clearance ...
Central bank printing presses might be in overdrive, but inflation is not the real threat here
Martin Pelletier: Many are underestimating the real risk that the economy may not return to pre-crisis levels for some time
USD/COP: Limited enthusiasm for the peso to drag the pair to 3600 by year-end – CIBC
Economists across the board have revised the Colombian GDP lower. Luis Hurtado, an analyst at CIBC Capital Markets, forecast the USD/COP pair trading
As wild horse numbers swell, the campaign to protect them could become a byelection issue
ENVIRONMENT: Brumby battleground could move north if the Victorian fight to save the horses is lost
Is the stock market closed today? Here’s everything investors need to know about Memorial Day trading hours and closures
Memorial Day will take on an even more somber tone this year.
Centre’s Covid response ticks all boxes
The stimulus package addresses demand and supply issues, while boosting production to help India be part of global supply chains
532 flights operated on Day 1, over 39,000 people travelled: Puri
'Action has returned to Indian skies,' tweeted Civil Aviation Minister after domestic flight service was resumed on Monday
Virgin's administrators put brakes on plane repossessions
A mass repossession of Virgin's fleet could have seriously hampered the efforts of Deloitte to sell Virgin Australia to a new buyer.
When is the German IFO survey and how it could affect EUR/USD?
The German IFO survey for May is due for release later today at 0800 GMT. The headline IFO Business Climate Index is seen firmer at 78.3 versus 74.3 p
Bitcoin is on an Exponential Growth Trajectory, and the Pizza Day Proves It
The story of Laszlo Hanyecz, the programmer who bought two pizzas using 10,000 Bitcoin, will be forever talked about. Not least because at $9k per BTC that equa
Australia’s Treasurer Frydenberg: Wil not make wholesale changes to wage subsidies
In an interview with local broadcaster Seven Network on Monday, Australia’s Treasurer Josh Frydenberg said that the government has no plans to make “w
Covid-19: Nearly 80 flights in Delhi, over 20 in Bengaluru cancelled, chaos at airports on day 1
Passengers whose flights were cancelled said they did not get any prior notice from airlines.
IOOF class action dropped but legal woes remain
IOOF has reached a settlement to end the Supreme Court case commenced by Quinn Emanuel on behalf of IOOF shareholders but separate proceedings initiated by Shine Lawyers are ramping up.
Bayer says it makes progress in settlement talks over weedkiller
Bayer said on Monday it had made progress seeking a settlement over claims its glyphosate-based Roundup weedkiller causes cancer, after Bloomberg reported the company reached a verbal agreement on about 50,000 to 85,000 cases. In April, Bayer's management regained shareholder support for its handling
QC completes SAP distribution ahead of 4 Metro Manila cities
AHEAD of four other Metro Manila cities, the Quezon City government has reported complete the Department of Social Welfare and Development (DSWD) Special Amelioration Program (SAP) distribution as of May 20.
Over 90,000 passengers book flight between May 25-31; Mumbai, Kolkata register highest bookings
Earlier, Maharashtra, West Bengal and Tamil Nadu opposed immediate opening up of their airports in view of rising cases of coronavirus. The three states are home to some of the busiest airports in the country in terms of passenger traffic
Labor senator calls for ASIC investigation into Rex
Tony Sheldon says the company's "failure to inform the ASX ... flies in the face of Australian corporate standards".
Japan eyes fresh stimulus plan worth over US$929b to battle COVID-19
TOKYO: Japan is considering a fresh stimulus package worth over US$929 billion that will consist mostly of financial aid programmes for companies ...
Goodbye office: Is the future of work in our homes?
SINGAPORE: Wanting to create a parent-friendly workplace, Ms Joerin Yao, managing director of human resource consultancy Enable Group, has been ...
Commentary: The biggest restructuring exercise facing Singapore businesses has just begun
From F&B to retail and fitness, winning Singapore businesses know they must shift gears and rethink their business models to thrive in a pandemic ...
Mick already has a job, so why is he being forced to go to interviews?
A cleaner paid JobKeeper was convinced by an employment agency he needed to sign a contract promising to attend interviews – even though he has a job.
Cash for new homes the key to saving jobs, says industry
On the HIA's analysis, the equivalent of as many as 100,000 jobs are already at risk in the property sector.
Domestic flight services resume in India after two months
NEW DELHI: After a gap of two months, domestic passenger flight operations resumed on Monday amid reluctance by various states … Domestic flight services resume in India after two months Read More »
Cult favourite US hard seltzer brand White Claw is coming to Australia, following a licensing deal with Lion
Get ready: cult favourite seltzer brand White Claw is coming to Australia.
A longer JobKeeper will keep people in fake jobs
Extending JobKeeper for businesses that can't stand on their own two feet by September, will stop the shift of people out of dead-end illusory jobs that are sadly never returning.
Domestic flights cancelled status: Around 80 flights in Delhi, nine in Bengaluru cancelled on Day 1
Domestic flights news: A Mumbai-Delhi flight was also cancelled, passengers said that the flight was cancelled without any prior notice
Big 'atmospheric river' wallops Western Australia, heads east
The once-in-a-decade storm event battering and soaking large areas Western Australia sourced much of its moisture from a so-called "atmospheric river" that continues to head eastwards.
Pitso Mosimane’s Salary At Sundowns Revealed After Contract Extension
Pitso Mosimane's salary at Sundowns now makes him the highest paid coach in South Africa and one of the most paid coaches in Africa.
Flights resume but be prepared for cancellations, rescheduling, delays
Maharashtra agrees to 50 flights and Telangana 30 after much haggling between Centre and states
WTI: Off daily highs, still above $33.00, as US-China tension looms
WTI drops to $33.45, down 0.6%, while heading into the European session on Monday. The black gold recently benefited from the news suggesting ease of
Coronavirus: Government draws up plan to rescue key firms
The government could aid strategically important firms affected by the coronavirus pandemic.
Elumelu to lead Senegal, Liberia presidents, others at UBA Africa Day forum
Senegal President Macky Sall, Liberia President George Weah and United States Senator Chris Coons will be part of a High-Level Leadership Panel....
Hacker selling customer data of 3 crypto wallets, 1 investment platform
Data of customers who allegedly purchased products using Shopify from these crypto wallets have been compromised
ITC to acquire spices maker Sunrise Foods for estimated Rs 1,800-2,000 crore
The company said it has signed a share purchase agreement (SPA) with Sunrise Foods Private Ltd (SFPL) which will augment its product portfolio and is also aligned to its aspiration to significantly scale up its spices business and expand its footprint across the country.
New Zealand's media firm Stuff to be sold for a single dollar to its CEO
The organization Stuff prints many of the nation's daily newspapers and runs a popular news website of the same name. It employs about 900 staff, including 400 journalists
'We have to ration our meals': Malaysians share their struggles after COVID-19 left them jobless
CNA spoke to five Malaysians who were left unemployed because of the COVID-19 pandemic. It has been a daunting experience having no income to make ...
Boss of Britain’s biggest recruiter James Reed warns of job losses ‘tsunami’ on ‘day of reckoning’ when furlough ends
The owner of Reed has warned job losses could sweep across the country once the government's furlough scheme ends at the ends of October. More than 6m people have signed up to the scheme.
Japan said to start giving out travel vouchers from end-July – Jiji
The Japanese media outlet, Jiji Press, reported on Monday, Japan’s government is considering starting to give out travel vouchers from end-July. Trave
Stock, Forex, Commodity, Currency Markets Shut For EId-Ul-Fitr (Ramzan) 2020
On May 22, the Sensex had ended lower by 0.84 per cent and Nifty was down 0.74 per cent. Domestic … Stock, Forex, Commodity, Currency Markets Shut For EId-Ul-Fitr (Ramzan) 2020 Read More »
Iditarod champ Thomas Waerner stranded in Alaska due to coronavirus issues
ANCHORAGE, Alaska — Thomas Waerner won this year’s Iditarod Trail Sled Dog Race in March, but he is still waiting to return to his home in Norway. Waerner and his 16 dogs have been stranded in
China’s trillions toward tech won’t buy dominance
Big spending numbers are being thrown around in China, once again. This time, it’s trillions of yuan of fiscal stimulus on all things tech. The plans are bold and vague.
Virgin's administrators put brakes on plane repossessions
A mass repossession of Virgin's fleet could have seriously hampered the efforts of Deloitte to sell Virgin Australia to a new buyer.
British Flairjet to pay N1 million penalty for Nigeria's airport violation - Official
FlairJet, a British private charter company, which is also an affiliate of Flexjet, is to pay N1 million for violating COVID-19 airport directives in Nigeria.
Best month for Brent in 21 years overshadows US-China feud
Investors will be relying on a rebound in global demand for crude to support prices, as US-China tensions threaten to derail the oil market's recovery.
NACTO Releases Streets for Pandemic Response and Recovery in the Fight Against the COVID-19
NACTO has released guidelines to provide cities with strategies to redesign and adapt their streets for new uses both during the COVID-19 crisis.
'What planet are they on?', 'Bojo stands by top aide': UK front pages react to Dominic Cummings crisis
The left-leaning Daily Mirror leads the attack on the pair, labelling Cummings a “cheat” and Johnson a “coward”.
Coronavirus impact: India's retail trade lost Rs 9 lakh crore of business amid lockdown, says CAIT
CAIT Secretary General Praveen Khandelwal said during the span of 60 days of national lockdown, the domestic trade has lost business to the tune of about Rs 9 lakh crore, causing a revenue loss of about Rs 1.5 lakh crore to both the central and state governments on account of GST
Anglogold Ashanti shuts South African mine over 164 COVID-19 cases
The mine, the deepest in the world, only re-opened in April after being shut under a nationwide lockdown, and had been operating at around 50% capacity. It accounted for around 7.4% of the company’s
Japan lifts national state of emergency
Japan has lifted its nationwide state of emergency over the coronavirus, after new cases slowed to a crawl in the country with the world's third-biggest economy.
Domestic flights resume today: Here are the quarantine rules for passengers in different states
The Maharashtra government has allowed Mumbai airport to handle 50 domestic flights per day. Kolkata and Bagdogra airports to not operate any domestic flights between May 25-27.
iSignthis to End Contract with Visa, Criticises Proposed Rule Changes
iSignthis (ASX: ISX) said that it will be ending its contractual relationship with Visa as a principal member in approximately 90 days.
Hong Kong shares ease on China-U.S. rift, dollar firms
SYDNEY — Hong Kong shares extended losses and a gauge of Asian stocks was largely subdued on Monday, after China’s move to impose a new security law on Hong Kong heightened concerns about the future stability of the city and global trade prospects.
Virgin's administrators put brakes on plane repossessions
A mass repossession of Virgin's fleet could have seriously hampered the efforts of Deloitte to sell Virgin Australia to a new buyer.
Tiger Brands looking at ‘significant’ job losses as it counts cost of pandemic
Reports lower H1 earnings, defers dividend.
Rich, but household debt is growing: A time bomb for South Korea?
South Korean households are piling up debt for various reasons, from overspending on credit cards to unemployment to gambling losses. The ...
Huawei wants stable Samsung, Hynix chip supply, Korea Daily says
While memory chipmakers aren’t subject to the US government restrictions, Huawei worries that the Trump administration could widen its restrictions later.
Greece resumes island ferry services in bid to salvage summer tourist season
Travel to the islands had been generally off-limits since a lockdown in late March.
IMD issues ‘red alert’ for North India as heatwave intensifies, warns people to stay indoors between 1-5pm
As the temperature in the Northern India is soaring high with each passing day the India Meteorological Department (IMD) has warned that heatwave is likely to persist for the next few days in most parts of the northern India, Maharashtra and Telangana. While, the day temperature in the state capital is likely to touch 46 degrees Celsius by Tuesday.
There were fears packed Tokyo could become a hotbed for the virus
Japan was poised to lift its nationwide state of emergency over the coronavirus on Monday, gradually reopening the world's third-biggest economy after new cases slowed to a crawl. Compared with hard-hit areas in Europe, the United States, Russia and Brazil, Japan has been spared the worst of the
Liz Weston: Find free, solid money advice in uncertain times
If you have money questions — and who among us doesn’t right now? — there are plenty of people willing to offer advice: friends, relatives and random strangers on the...
New face of banking: Millennials prefer robot bankers to humans
Nordea's robot adviser, Nora, played a crucial role in helping the bank through COVID-19
80 Flights Cancelled on First Day Domestic Flights Resume in India After Two-Month Hiatus
New Delhi (Sputnik): India suspended domestic and international air travel starting 25 March as a containment measure to mitigate COVID-19. The federal government has...
Odisha’s plan of home delivery of liquor goes for a toss
People could not find any application platform to order liquor online and shop owners also insisted on offline selling
Central Equity, Failli family selling $200m of greenfield sites
The two sites being offered by Central Equity and the Failli family have the potential to generate around $1 billion of housing lot sales.
‘Cognizant determined to emerge stronger from Covid crisis’
Thanks to a strong balance sheet, close partnerships with associates/clients, and digital imperatives, says Brian Humphries
Hey Las Vegas motorists, don’t drive impaired as businesses reopen
As more businesses open up across Nevada, especially ones that serve alcoholic beverages, traffic officials are urging drivers not to get too excited and get behind the wheel impaired.
Arabian Sea may throw in own surprise ahead of monsoon
Cyclonic circulation off Kerala coast bears watching
Laundering inquiry resumes
Money laundering in British Columbia will be under scrutiny again this week when a public inquiry resumes today.
Survey shows majority of youths agree Covid-19 stimulus package can boost economy
KUALA LUMPUR, May 25 — The majority of youths feel the Economic Stimulus Package will counter the impact of the Covid-19 pandemic and boost the national economy. A survey conducted by the Institute for Youth Research Malaysia (IYRES) from April 14 to 24 found that 97. 2 per cent of the 2,928...
New cases overstretch Oyo Isolation centres - The Nation Nigeria
Oyo State Government is currently facing a new challenge of managing Coronavirus spread as the number of positive cases has exceeded ..
Japan's ANA leads way as masks become new normal in virus-era air travel
From June, All Nippon Airways will require all passengers to wear face masks inside airports and aboard aircraft.
Mumbai Police warns against coronavirus-related fake news on social media; here's what is prohibited under Section 144 and Section 188
The order prohibits the spread of inflammatory statements that are discriminatory against a particular community.
EUR/GBP Price Analysis: Remains confined in a range near mid-0.8900s
The EUR/GBP cross continued with its struggle for a firm near-term direction and remained confined well within a one-week-old narrow trading band arou
Pubs take legal action against FBD over Covid insurance
Over 1,000 pubs and bars are affected by a dispute about whether or not their insurance policies with FBD Insurance Plc cover the disruptive impact of Covid-19 on their businesses, the Commercial Court has been told.
Meet Cyrus, who wants to own Virgin through the virus and beyond
Every good auction needs a smokie.
Japan lifts Tokyo’s state of emergency, eyes fresh stimulus
TOKYO, May 25 (Reuters) - Japanese Prime Minister Shinzo Abe said on Monday that Japan will lift a state of emergency for Tokyo and four remaining areas later in the day but that it could be reimposed if the pace of infections picked up.
CLT Grants Go Where Increased Need Is
“Demand for services such as budgeting support, senior citizens groups, meals on wheels, crisis and long term counselling are seeing increased demand due to the effects of COVID-19. The social service organisations providing these services are but a few of the groups that have been bolstered by trust funding this grants round,” says Trust Chief Executive, Susan Finlay.
Volkswagen loses landmark German case as diesel owners stand to receive damages
The ‘dieselgate’ scandal has so far cost Volkswagen more than $32.7 billion in damages and regulatory fines
In pics: Domestic flights resume after two months of coronavirus lockdown
Domestic flights resume: Passengers would also need to declare that they are medically fit to travel. They can do so by downloading the Aarogya Setu app or filling a self-declaration form
KCCA should partner with Kiira Motors on city buses project
It is proposed that special lanes will be put in place for the Eco- (sic) electric and combustion fuel efficient buses starting at the City Square in a ring road...
35,000 who had been recieving Pandemic Unemployment Payment returned to work last week
Assistant Secretary General at the Department of Taoiseach Liz Canavan said that while 579,000 people remain on the €350 per-week payment introduced at the beginning of the outbreak, 35,900 returned to work in the last week.
Coronavirus impact: IDFC First Bank's senior management to take 10% pay cut
The bank's chief executive officer (CEO) V Vaidyanathan is taking a 30 per cent cut, including fixed and allowances
IAF to operationalise No.18 Squadron at Coimbatore
According to a PIB (Defence Wing) release, the squadron "Flying Bullets" will be operationalised at the Sulur Air Force Station on Wednesday. The Squadron will be equipped with LCA Tejas FOC (final operation clearance) aircraft and will be the second IAF Squadron to fly LCA Tejas," after the 45 Squadron based at Coimbatore.
Aldi checkout worker pays for Hamilton customer’s shopping after her card was declined
AN ALDI checkout worker generously paid for a Hamilton customer’s shopping after her card was declined. Store Assistant Julie at the Hamilton Aldi, Wellhall Wynd, came to the rescue when a shopper…
Unexpected policy timing, expected outcome: These measures could help RBI disinfect the economy
RBI’s relief measures round-three restates the intention to ease the functioning of the financial markets and easing the market risks brewing in the economy amidst the deteriorating economic outlook.
Income Tax Saving: How your spouse can help you save taxes
Your spouse not only helps you in meeting your social and personal obligations, but can also help you in saving income tax. Here is how.
Confusion reigns in Telangana airport as flights get cancelled
Only 40 of the 120 flights that were scheduled to land or take off from the GMR Rajiv Gandhi International Airport were operated.
EU eyes first face-to-face summit in months to haggle over budget
European Commission to propose blueprint for € 1tn multiannual financial framework
How is Covid-19 playing out in rural India?
Even if the incidence of infection is not high in rural areas, its affect on rural-urban migration has debilitated livelihoods
Shinzo Abe lifts Tokyo's state of emergency, eyes fresh economic stimulus
The move meant that the whole country would now have the social distancing curbs loosened, after an initial lifting of restrictions for most areas on May 14
Delhi sizzles at 45 degrees celsius, rain expected after 4 days, says India Meteorological Department
India Meteorological Department said rainfall with thunderstorm are expected after four days in Delhi.
PM Shinzo Abe declares end to Japan's coronavirus emergency
Japanese Prime Minister Shinzo Abe has lifted a state of emergency in Tokyo and four other areas that were still under coronavirus restrictions, gradually reopening the world's third-largest economy and calling on people to adapt to a "new normal".
Japan lifts Tokyo’s state of emergency
Japanese Prime Minister Shinzo Abe lifted a state of emergency for Tokyo and four remaining areas on Monday after the number of infections fell across the country, but warned that it could be reimposed if the virus started spreading again.
Cleaning crews ready for reopening in post-pandemic US
Tables, chairs, counters, doors: reopened US businesses and restaurants will have to focus on thorough disinfecting if they want to lure customers, and cleaning companies are preparing for an explosion in demand.
Nigeria’s GDP rises by 1.87% in Q1 2020
Nike Popoola In the first quarter of 2020, Nigeria’s Gross Domestic Product grew by 1.87 per cent (year-on-year) in real terms. The National Bureau of Statistics revealed in ‘Nigeria’s Gross ...
Japan set to lift coronavirus emergency as cases slow
Japan was poised to lift its nationwide state of emergency over the coronavirus on Monday, gradually reopening the world's third-biggest economy
4 flights with 448 passengers land in Imphal
Four flights with 448 passengers including two minors landed at Imphal airport on Monday, the first day of resumption of the domestic flights amid the increasing COVID-19 positive cases in Manipur. Four new positive cases were reported in the state in the last 24-hour taking the total number of COVID-19 cases to 36.
Samsung's NAND flash market share down slightly in Q1
The share global NAND flash market for Samsung in the first quarter of the year dropped slightly compared to three months earlier, a report said on Monday, although the South Korean giant
Eight hundred billion reasons to be careful: SA’s Covid-19 rescue package
The social relief and economic support plan presents a real test of government’s commitment to tackling corruption.
Violent fight filmed breaking out on plane after ‘one passenger touches another’
The scrap broke out on the Ural Airlines Airbus A320 which had social distancing in place after the plane had flown from the Black Sea resort Sochi to Russian capital Moscow
Horgan welcomes news Ottawa will be pursuing paid sick leave
B.C. Premier John Horgan is applauding news that the federal government is looking at ensuring 10 days of paid sick leave for workers.The premier has been advocating for a national sick-leave program. . .
Thousands without power in Western Australia after once in a decade storm
Wind speeds of up to 132 km/hour (82 mph) were registered at Cape Leeuwin, one of the state's most south-westerly points early on Monday, the strongest May gusts in 15 years, according to the Australia Broadcasting Corp.
Man arrested after swimming moat to enter Japan palace grounds
Tokyo: A Japanese man was arrested in Tokyo on Monday after swimming across the Imperial Palace's moat to scale an outer wall, entering off-limits parts of the grounds, police said.
Dawn Meats reopens plant supplying McDonalds burgers
Production resumes in Waterford after 10 weeks as fast food group starts phased reopening of outlets
Team of French experts to probe PIA plane crash to arrive tomorrow
The team will conduct investigation for 16 hours, take the black box and voice recorder with them to decode
Irish receiving Trump’s $1,200 checks in error could be banned from USA
Hundreds of Irish J-1 visa holders no longer living in the United States have accidentally received economic impact payments during the COVID-19 pandemic, and cashing the checks could affect any future attempts to enter the US. The $1,200 payment was sent to a significant number of former J-1 students in April...
Investing in Spanish Nissan factory cheaper than closing it: Spanish official
(Reuters) - Nissan Motor (7201.T) would find it cheaper to invest in its Barcelona factory than to close it, a senior Spanish industry ministry official said on Monday, pegging the estimated cost of a shutdown at more than 1 billion euros ($1.1 billion).
GBP/USD: Near-term downside risks into mid-year – CIBC
This month, the cable has lost around 2.5%, and analysts at CIBC Capital Markets expect near-term headwinds to persist. Stay up to speed with Yohay El
Horgan welcomes news Ottawa will be pursuing paid sick leave
CINDY E. HARNETTTimes ColonistB.C. Premier John Horgan is applauding news that the federal government is looking at ensuring 10 days of paid sick leave for workers.The premier has been advocating for. . .
U.S calls for probe against AfDB president
The intervention by the Treasury, the AfDB’s biggest non-African shareholder, comes two weeks after the ethics committee found no evidence to support allegations of favoritism by Adesina. The 60-yea
Coronavirus lockdown: First flight arrives in Jaipur from Bengaluru
After the restart of domestic flight operations, the first aircraft arrived at the Jaipur airport from Bengaluru on Monday morning. The Air Asia flight with 23 passengers on board landed at 0830 hrs,
3 Travel and Tourism Stocks Poised for a Bull Run
The coronavirus pandemic has smashed the tourism industry, but these companies seem ready for a massive rally.
Palestinians easing coronavirus restrictions in West Bank
RAMALLAH, West Bank (Reuters) - Mosques, churches and businesses in the occupied West Bank will reopen on Tuesday in an easing of coronavirus restrictions, Palestinian Prime Minister Mohammad Shtayyeh said on Monday.
Filipina domestic worker commits suicide in Lebanon: embassy
A Filipina domestic worker has committed suicide in Lebanon at a shelter run by her embassy, consular officials said Sunday, days after a rights group complained about accommodation at the shelter.
VW defeated in landmark Dieselgate case brought by van buyer
German court ruling will force carmaker to compensate tens of thousands more customers
When lockdown is over, bring workers back to their jobs but with free rail travel
Encourage local industries or work from home to harness women’s energy. The shramik has waited long enough. They deserve better.
CERB payments hit $40B
A key federal benefit for Canadians out of work, or seeing large drops in their earnings, in the COVID-19 pandemic has paid out over $40 billion in emergency aid.
Vermilion Energy president and CEO Anthony Marino steps down from company
CALGARY — Vermilion Energy Inc. says Anthony Marino has stepped down as president and chief executive and as a director of the company, effective immediately.
USD/JPY: Downside potential is limited
The USD/JPY pair trades around 107.70, unable to attract investors after Japan announced it will lift the state of emergency in all the country, Valer
Bank holiday sunshine - and it’s set to continue, with forecasts of a warm, dry June
After today’s sunny bank holiday, a long warm, dry spell looks set to continue - with little rainfall expected for East Anglia during June.
Weekly S&P 500 ChartStorm - Downgrades, Dividends, Buybacks
This week we take stock of the uneasy landscape with downgrades, delayed payments, and yet massive monetary easing. We also document a couple of key trends in d
Center Parcs, Butlin's, Haven and Pontins updates on reopening
UK holiday parks have been forced to delay even further due to coronavirus
In Pictures: Basking on the beach in bank holiday sunshine
Sun-seekers seized the opportunity to top up their tans.
The changing face of the billionaire classes
Is Europe becoming more American in its wealth creation as the US becomes more European?
India should immediately start cash transfers of 1,000 per person: Abhijit Banerjee and Esther Duflo
The cash transfer of Rs 1,000 per person each month is expected to make a big difference as it would help the common man to pay for all the emergency needs, Banerjee said
Covid-19 Will Make Colleges Prove Their Worth
Online education should come at an online price.
German Startup Creates Ocean Platform to Generate Power from Waves, Wind, and Solar
A German startup has created a prototype of an impressive hybrid ocean platform that can harness power from wind, waves, and solar separately as well as all together.
COVID-19: Is this the end of the road for Renault?
Pandemic puts the French brand's 122-year history at stake...
In Pictures: Basking on the beach in bank holiday sunshine
Sun-seekers seized the opportunity to top up their tans.
BMTC introduces flat bus fare system in Bengaluru to replace daily passes; system aimed at minimising contact during travel
The BMTC's new flat fare system will minimise contact in buses during travel amid the coronavirus pandemic
Globalisation can't be done away with Swadeshi slogans: Skanray Tech chief
In a Q&A, Vishwaprasad Alva, founder and managing director, Skanray Technologies, explains why trying to lure companies moving out of China to India could prove counterproductive
Crashed Pakistan plane's pilot ignored 3 warnings to lower altitude: Report
Crashed Pakistan plane's pilot ignored three warnings from the air traffic controllers about the aircraft's altitude.Instead of lowering the altitude, the pilot responded by saying that he was satisfied
Under strict rules, India resumes domestic flights after two months
West Bengal urged government to postpone resumption of passenger flights to Kolkata as it focuses on rescue work of Cyclone Amphan
New emissions blow for VW as German court backs damages claims
KARLSRUHE, Germany (Reuters) - Volkswagen (VOWG_p.DE) must pay compensation to owners of vehicles with rigged diesel engines in Germany, a court ruled on Monday, dealing a fresh blow to the automaker almost five years after its emissions scandal erupted.
Monday’s Insider Report: Executive chair invests over $4-million in REIT yielding over 9%
SmartCentres, SNC and Telus see insider buying
How we selected over 1,000 new recruits -- NNPC
The corporation says professional competence, transparency, accountability and federal character are primary considerations in its employment.
The new rules that could be in place in all Irish barbers and salons when they reopen
When Irish barbers and salons reopen they might not operate like before.
Realtors body Credai write to PM seeking more funding, loan restructuring
The govt has already extended project completion and registration by six months and extended credit-linked subsidy scheme by a year
Mindanao's trademark abaca paper is now a face mask
Tests by the Department of Science and Technology (DOST) Region 10 show that the abaca fiber mask has a filtration rate 7 times better than cloth masks and has lower water absorption than N95 masks
RoboForex Expands Crypto Offering, Adds ETH/BTC and LTC/BTC
RoboForex has expanded its cryptocurrency offering by increasing the number of crypto pairs available for trading to include ETH/BTC and LTC/BTC.
Palestinians easing coronavirus restrictions in West Bank
RAMALLAH — Mosques, churches and businesses in the occupied West Bank will reopen on Tuesday in an easing of coronavirus restrictions, Palestinian Prime Minister Mohammad Shtayyeh said on Monday.
Patriotic Poles led astray by mis-labelled Ukrainian cucumbers
WARSAW – Seeking to appeal to patriotic Poles, local supermarket Biedronka has been mis-labelling goods including Belgian carrots and Ukrainian cucumbers as homegrown, Poland’s anti-monopoly office said on Monday, as it launched an investigation.
Perthshire men’s support group ‘delighted’ to secure £10k funding support
A Perthshire support group for men has secured £10,000 in National Lottery funding.
Palestinians easing coronavirus restrictions in West Bank
RAMALLAH, May 25 — Mosques, churches and businesses in the occupied West Bank will reopen tomorrow in an easing of coronavirus restrictions, Palestinian Prime Minister Mohammad Shtayyeh said today. The Palestinian Authority declared a health emergency in March and imposed lockdowns after the...
New payment to support Kiwis through COVID - Government
The COVID-19 crisis has had a significant impact on the jobs and livelihoods of New Zealanders.
In Pictures: Basking on the beach in bank holiday sunshine
Sun-seekers seized the opportunity to top up their tans.
With little state aid, zombie shops in Portugal fear short-lived reopening
LISBON (Reuters) - Leaning over the golden-plated counter of the “Fantastic World of Sardines” in Portugal’s capital, cashier Andre Moureira waited for just a single customer to break the boredom of the morning.
Celebrations low key in Vijayapura
Following the nation-wide lockdown and prohibition by the government on mass religious activities, Eid-ul-fitr festival remained completely low key and simple here.Eidgah, the central place where spec
‘Project Birch’: Treasury draws up last resort bailout plan to rescue Britain’s largest companies
‘Project Birch’ could see Britain’s Treasury step in to support key British companies whose failure will “disproportionately harm the economy
Vermilion Energy CEO Anthony Marino steps down, executive committee to take over role
Vermilion says it has created an executive committee to run the company instead of replacing Marino
German court ruling clears the way to settle VW diesel cases
KARLSRUHE, Germany — A German court has ruled that Volkswagen must buy back cars from owners of its diesel cars equipped with software that evaded emissions testing — but consumers must accept the . . .
Will Social Security Beneficiaries Qualify for a Second Stimulus Check?
Social Security recipients were eligible for an Economic Impact Payment under the CARES Act -- should they expect something similar for stimulus 2.0?
EUR/CHF: SNB looking to contain Swiss franc action – CIBC
The SNB has managed to avoid EUR/CHF breaching 1.05, though it has traded at lows since the end of Q1, per CIBC Capital Markets. Dont’s miss: Diminish
Chaos at GMR Rajiv Gandhi International Airport as many domestic flights get cancelled
Almost 120 flights were supposed to land or take flight today but only 40 were operated.
Promoter to sell 2.75% stake worth $1 bn in Bharti Airtel via block deals
Shares are being offered to large investors at 6 per cent discount to March 22 closing price of Rs 593; Mittal company joins top Indian companies in raising funds
S&P 500: The market is not going to fall off a cliff again – Charles Schwab
Q1 earnings season is virtually over. While the S&P 500 chart is showing a consolidation, Randy Frederick from Charles Schwab wouldn’t be surprised if
Andy Palmer to quit as Aston Martin CEO after shares plunge
Will be replaced with Mercedes-AMG CEO Tobias Moers
China warns of new Cold War as US blacklists more firms
The US decision to add 33 Chinese entities to a trade blacklist risks potential retaliation from Beijing as tensions between the world’s two biggest economies deteriorate further.
Australia suspends Olympic bid
Australia’s Queensland has suspended its bid to host the 2032 Olympics recently as the state government focuses on economic recovery from the COVID-19 pandemic.
Asia stocks rise as countries ease lockdown restriction, Hong Kong extends losses
Hong Kong sank again after the city was rocked by protests at the weekend over a controversial proposed security law
Boost for zero-emission sources as global capital backs Indian solar power
The tumbling tariffs of solar power, however, have slashed the expectations of returns by investors from 14 per cent to 12 per cent
Govt Should Delay Road Tax Increase Due To Economic Crisis
“The Government should delay an increase in road user charges scheduled for 1 July this year,” according to ACT Leader David Seymour.
German business morale rebounds in May as corona restrictions are eased
The Ifo institute said its May survey showed that its business climate index rose to 79.5 from a downwardly revised 74.2 in April. A Reuters poll of economists had pointed to a reading of 78.3.
Beijing seeks to reassure business over Hong Kong security law
But investors fret about threat to city’s autonomy from law that has sparked new pro-democracy protests
Bayer reaches agreement in 125,000 US cancer lawsuits
Pharmaceutical giant reportedly does deal to end inherited costly legal battle
DDGBA extends support to NGBF fact findings on delay of BSL-3
Dimapur District GBs Association (DDGBA) has extended support to Nagaland GBs Federation (NGBF) fact findings on delay of Bio Safety Level-3 (BSL-3) in Dimapur, considering the threat that is being caused by the COVID-19 and also Dimapur being the only commercial hub of the state and gateway to other neighbouring states.
COVID-19 could push Nigeria into another recession — Attah
By Omeiza Ajayi, Elder Statesman, Obong Victor Attah, is an architect was governor of Akwa Ibom State from 1999 to 2007. In this interview with Vanguard, Attah who had since resigned from politics, and now a leader of the Pan Niger Delta Forum, PANDEF, expresses concerns that Nigeria could be heading towards another recession dueRead More
Govt asks RBI to remove sugar from negative list as virus hits consumption
Such a move would spur infusion of fresh liquidity and working capital in sugar mills, facilitating speedy settlement of cane arrears
GOP candidate Parnell blasts Pa. governor's 'absolutely absurd' benchmark for full reopening
Pennsylvania Republican candidate Sean Parnell called out Democratic Gov. Tom Wolf Monday on "Fox & Friends," arguing it is "absurd" to believe the state cannot reopen fully until a "foolproof" coronavirus vaccine is available to the public.
Bayer says it makes progress in settlement talks over weedkiller
Bayer shares rose sharply on May 25, 2020, after reports it was close to a mass deal with American plaintiffs who claim that the company’s glyphosate-based Roundup weedkiller causes cancer
Still A Lot Of Value In Corporate Bond Market
Readers can see that currently even AAA OAS are cheaper to Treasuries than at any point in the last 10 years. Ending late last week at +89 bps to Treasuries, ev
Toot toot! Afterpay runs into index day
Beware the Afterpay train this week.
Flash PMI Shows Japan On Course For Record Downturn In Second Quarter
Flash Japan PMI remained well below 50 in May, indicating a further sharp drop in output. Job losses intensified as firms face steep falls in sales. Export orde
Fractional Shares: Why It’s in the News
Have $5? Then you could start building wealth today.
Tesco announces two big changes to Clubcard scheme - and it's good news
The supermarket is giving shoppers more time to retrospectively add Clubcard points to their accounts - while those who have already claimed them will have an extra year to use them up
Use pandemic to stop brain drain, MPs told, as payments for CERB top $40 billion
OTTAWA — The federal government should use the COVID-19 pandemic to reverse a brain drain of top tech talent south of the border, a House of Commons committee heard Monday, alongside warnings that . . .
Domestic flight service resumes: Students, migrants take the first flight home after lockdown
Many said they shelled out more to reach the airport as there were limited public transport options available.
Deep Dive: Preventing Financial Crime Amid The COVID-19 Pandemic
This Deep Dive explores the methods bad actors are leveraging to scam bank customers and the methods FIs are using to stem the tide of fraud.
Apollo's Ventia asks for $1.6b, five banks on board
Apollo Global Management and CIMIC Group's services contractor Ventia has lobbed a $1.6 billion litmus test into Australia's leveraged loans market.
Economic package is a mix of supply-side and demand-side measures: Dharmendra Pradhan
The oil industry is faced with an extraordinary situation. Our government’s view is to take a cautious and conscious approach of a balance in price, save it and use it for welfare, says Petroleum Minister
Tracking Glenn Greenberg's Brave Warrior Advisors Portfolio - Q1 2020 Update
Glenn Greenberg’s 13F portfolio value decreased from $1.89B to $1.74B this quarter. Brave Warrior Advisors added HCA Healthcare and increased Anthem while reduc
New Zealand's largest media company being sold for just $1 to its CEO
Stuff faced financial challenges before the coronavirus pandemic struck and has since seen advertising revenues plunge
Did your father give you a job?: JD(U) MLA’s reply to a migrant worker’s query on employment
Randhir Kumar Soni defended himself saying that his remarks were directed at an individual he had known for a long time.
EU’s top diplomat urges ‘more robust strategy’ toward China
EU foreign affairs chief Josep Borrell told a gathering of German ambassadors on Monday that “analysts have long talked about the end of an American-led system and the arrival of an Asian century.”
MTN and Airtel Uganda re-introduce 50% discount on Person to Person and Mobile Wallet to bank transactions – Techjaja
MTN and Airtel Uganda will effective from 26th May 2020, re-introduce a 50% discount to standard tariffs for 30 days on all Mobile Money an
How to write to your MP to complain about Dominic Cummings
If you want to complain about the prime minister’s chief adviser there are several ways you can do it.
Paul Whelan was detained in Moscow in December 2018 for allegedly receiving state secrets
Russian prosecutors on Monday called for a former US marine charged with spying to be sentenced to 18 years in prison, after a closed-door trial denounced by Washington and his family. Paul Whelan, 50, was detained in Moscow in December 2018 for allegedly receiving state secrets, but he insists he was
Blockchain Adoption: China’s National People’s Congress and Parliament to Review DLT Fund Proposal
The National People’s Congress (NPC), China’s parliament and the Chinese People’s Political Consultative Conference recently began conducting their annual
POST COVID-19: Relocate dry dock to open up economy in N’Delta – PANDEF, UNDEDSS
THE Pan Niger Delta Forum, PANDEF and the United Niger Delta Energy Development Security Strategy, UNDEDSS, Monday, restated calls for...
CBIC clears Rs 11,052 crore GST refund claims since Apr 8 to benefit MSMEs
he finance ministry had on April 8 said that to provide relief during the cor it has been decided to issue all pending GST and custom refunds
Nottingham hour by hour weather forecast as temperatures set to stay high in coming week
The upcoming week looks set for more sunshine and high temperatures
US tech execs have dumped $3.6 billion in company stock this month
Top execs from Facebook, General Electric, Cloudflare, and Activision all have sold small fortunes worth of stock this month.
COVID-19: Over N10 billion approved for health intervention grants - CBN
Mr Okorafor said the applications covered two broad categories under the COVID-19 intervention programmes in the healthcare sector.
German sentiment survey boosts stocks, Europe focuses on recovery fund
LONDON (Reuters) - Stocks gained modestly on Monday with many countries on holiday as German business morale rebounded strongly in May, offering a glimpse of optimism to battered investors of what lay beyond weeks of economic lockdowns.
How the 2020 US Presidential Election May Be Keeping Bitcoin At Bay
Bitcoin's next rally may not occur until after the 2020 United States Presidential Election takes place in November of this year.
Aspiring model, 24, who vanished in Nottinghamshire over the bank holiday weekend is found 'safe and well'
Nottinghamshire Police said this evening Laura Benson, who vanished in Beeston, has been found 'safe and well' as they thanked those who shared their appeal.
Bengaluru: BMTC introduces flat-fare system, bus fares to start from Rs 5 now
BMTC has been facing flak right from the first day of operations post-lockdown for its new contactless ticketing system. Commuters and citizen activists had pointed out that the daily passes worth Rs 70 were not feasible for those travelling short distances.
Pilot of PIA flight ignored 3 warnings to lower altitude before Pakistan crash: Report
Pakistani investigators are trying to find out if the PIA crash is attributable to a pilot error or a technical glitch.
Nasscom for policy tweak to enable longer work-from-home scenario
Nasscom has asked for the abolition of OSPs (other service providers) under the Department of Telecom, under which certain kinds of work (such as voice calls) cannot be shifted to employees' homes.
France promises ‘significant’ pay hikes for health workers
PARIS, May 25 — Prime Minister Edouard Philippe said today that health workers would soon get hefty pay increases as part of an overhaul of France’s hospital system in response to the coronavirus crisis. “I can say without any ambiguity, the increase will be significant,” Philippe said...
Realtors body Credai write to PM seeking more funding, loan restructuring
The govt has already extended project completion and registration by six months and extended credit-linked subsidy scheme by a year
Office supply wholesaler Spicers Ireland is rescued from liquidation
The sale of the business includes the trade and stock and will see Paragon Group take assignment of the lease of the Spicers Ireland depot at Citywest in Dublin. Picture: iStock
Japan eyes fresh $930b stimulus, to end Tokyo's state of emergency
Japan is considering fresh stimulus worth 100 trillion yen ($930 billion), mostly comprising financial aid for companies.
True Elements’ customers can now track quality of products to ensure safety
For True Elements, a zero-sugar breakfast and snacks brand based out of Pune, the nationwide lockdown due to the Covid-19 pandemic was the ideal time to come up with one more innovation. Its customers
N.L. launches $25-million program to support tourism sector hit by COVID-19 pandemic
Small and medium-sized tourism operators can apply for one-time funding contributions of $5,000 or $10,000, depending on their gross sales
Government allows private jets, charter flights on domestic routes
India Business News: The ultra rich can once again jet around the country in their luxury private or charter aircraft. The aviation ministry from Monday allowed domestic a
Waste segregation units crop up on banks of Vrishabhavathi again
They allegedly burn waste at night, and also dump it along the banks of the river
Utah climber rescued from remote cliff after hitting head, losing consciousness in fall
A Utah climber who fell and cracked his head while scaling a cliff by himself on Sunday was rescued after he regained consciousness and nearby campers heard his cries for help, authorities said.
Lufthansa says Germany approves stabilization package
Germany's new Economic Stabilization Fund (WSF) has approved a 9 billion euro ($9.80 billion) stabilization package for Lufthansa , Germany's flagship carrier said on Monday. "The Executive Board also supports the package", Lufthansa said, adding that the bailout still need consent
CREDAI Seeks Urgent Support For Realty Sector in Letter to PM Modi
The industry body said that it has done its "best possible" to mitigate the plight of over five crore labour force in the sector by providing food and shelter.
Officials told to help draw up crop plans at village level
Farmers urged to strictly follow government advice on cropping pattern
Report reveals Pak pilot ignored three altitude warnings before crashing
PTI Karachi The pilot of the Pakistan International Airlines (PIA)’s crashed plane ignored three warnings from the air traffic controllers about the air
Delhi IGI airport opens for domestic flights! Flyers note these 10 points before departure and arrival
Coronavirus COVID 19 Lockdown 4.0 travel guidelines for Delhi Airport: All flyers have to download the Aarogya Setu App on their phones, prior to reaching the IGI airport/at the forecourt itself. DIAL has made provisions for designated gates to airlines to enter into the terminal building.
Japan lifts coronavirus state of emergency in all remaining areas
TOKYO — Japanese Prime Minister Shinzo Abe lifted a coronavirus state of emergency in Tokyo and four other remaining areas on Monday, ending the restrictions nationwide as businesses begin to
2.4 lakh subsidised Tirupati Laddus sold in AP on day-one
Observing all COVID-19 guidelines in the presence of local government machinery, the devotees queued up at TTD marriage halls and TTD Information Centres for the sacred prasadam.
Builders push for $40k home buyer grant to stave off construction crisis - but Barr says no
Chief Minister Andrew Barr said the policy would drive up house prices.
Fandom appoints Zirca Digital Solutions as a media partner for the Indian market
Zirca will work toward maximising Fandom’s advertising revenue potential, build the brand’s presence, as well as expand its pool of demand partners
Govt is exploring new financial institutions to support MSMEs: Nitin Gadkari
The government is exploring new financial lending institutions to support small-scale units in terms of financial support, said Union Minister for MSME.
Lufthansa has good prospects for future: German ministries
BERLIN (Reuters) - The German Finance and Economy Ministries on Monday said Lufthansa (LHAG.DE) was an operationally healthy company before the coronavirus outbreak, as well as profitable and with good future prospects, but had got into trouble due to the pandemic.
Punjab, MP lead the way as wheat procurement tops last year's level
The government has purchased 34.15 mln tonnes wheat iill May 24, compared to 34.13 mln tonnes procured in all of 2019.
Malls lose Rs 90k cr in 2 months: SCAI
IANS New Delhi The Shopping Centres Association of India (SCAI) on Monday said the sector has lost over Rs 90,000 crore in the last two months, owing to t
oMalayitsha call on Government to provide special permits
CROSS border transporters popularly known as oMalayitsha have called on Government to assist them with special permits which will ensure smooth passage of their...
Precious Metals: Panic Buying Is Unsustainable
Herding behavior can sustain rallies, but the extreme in PMs is unsustainable. Gold rallies hardest when it garners the least attention. Physical buying indicat
Home, auto loan borrowers top beneficiaries of moratorium relief
SurabhiEven as the Reserve Bank of India announced extension of the moratorium on term loans by another three months till August 31, industry data reveal that auto and home loans are the major segment
Celeste Barber’s $51 million bushfire money must stay with NSW RFS
Money raised by Celeste Barber's bushfire campaign cannot go to other charities or states, but can be given to injured firefighters, a judge has ruled.
Crashed PIA plane's pilot ignored 3 warnings to lower altitude: Report
Pakistan News: KARACHI: The pilot of the crashed Pakistan International Airlines plane ignored three warnings from the air traffic controllers about the aircraft's a.
Sberbank: The Downside Is Limited
As Russia’s flagship bank, Sberbank already felt the pain of the virus, as its Q1 earnings results showed a staggering decline in its profits. Nevertheless, Sbe
4 Experts Join HPC In Vizag Leak Probe
VISAKHAPATNAM: Four more technical experts from Centre have joined the high-powered committee that has been set up to investigate the LG polymers gas leak tragedy that occured in Visakhapatnam on May
Book sales soar as French lockdown eases
A study for the trade weekly Livres Hebdo found that from May 11 to 17 bookshops did a roaring trade, with readers desperate to stock up while public libraries remained shut.
Bayer said to settle up to 125k cancer legal cases in US involving Roundup weed killer
Bayer has reached verbal agreements to resolve a substantial portion of an estimated 125,000 US cancer lawsuits over use of its Roundup weedkiller, according to people familiar with the negotiations.
Bharti Telecom to sell $1 bn stake in Airtel through block deal
IANS New Delhi Bharti Telecom is selling upto $1 billion of its shares in Bharti Airtel through a secondary market block deal on Tuesday. Bharti Teleco
French carmaker Renault could close plants and cut jobs, says union
PARIS, May 25 — French carmaker Renault could unveil job cuts and plants closures on Thursday as the company looks to save €2 billion (US$2.2 billion) in costs, a representative for far-left union CGT said today. Renault has called for a meeting with unions on Thursday regarding its cost-saving...
Time to hike edible oil import duties: SEA
As India’s 2010 pact with Malaysia and Indonesia came to an end, the Solvent Extractors Association of India (SEA) on Monday said the government should hike Customs duty on soya, sunflower and crude p
Will ensure work for returning migrants: Nitish Kumar
Nitish Kumar's comments come as lakhs of migrant workers return to Bihar amid the coronavirus lockdown. He said there are ample opportunities in the textiles, shoe, bag, furniture and bicycle industries in the state.
Hamilton City Council Wants To Fix Pay Errors
Hamilton City Council is the latest big business moving to rectify errors in Holiday Act payments.
Vizag gas leak: Andhra Pradesh High Court orders state to seize LG Polymer premises
The court also asked the government to ensure that the company’s directors do not leave the country without its permission.
Bin collections to return to normal after coronavirus staffing pressures
Stirling Council is to resume its full household waste and recycling collection service from Monday, June 1.
130 people deceived by fake job advert at Bara hospital
About 130 desperate job seekers were duped when they applied for fictitious jobs at the Chris Hani Baragwanath Academic Hospital, the Gauteng Department of Health said on Monday.
Engineers want the Government to increase spending to stimulate the economy
The Government needs to take advantage of the low cost of borrowing for capital projects to increase spending and stimulate economic recovery, the new President of the Association of Consulting Engineers of Ireland (ACEI) has said.
US urges probe into alleged ethics breach at African Development Bank
The US Department of the Treasury has called on the African Development Bank (AfDB) to carry out an independent probe into alleged ethics breaches by its president, Akinwumi Adesina. In a letter obtained by AFP on Monday, US Treasury Secretary Steven Mnuchin expressed "deep reservations" about
Rushed Log Legislation Deserves The Chop
Federated Farmers and the Forest Owners Association are joining forces to condemn the Log Brokers Bill as a Trojan horse to potentially force farmers and foresters to subsidise local processing industries from reduced export earnings.
Lufthansa says Germany approves stabilization package
FRANKFURT (Reuters) - Germany’s new Economic Stabilization Fund (WSF) has approved a 9 billion euro ($9.80 billion) stabilization package for Lufthansa (LHAG.DE), Germany’s flagship carrier said on Monday.
Dozens of Chinese companies added to US blacklist in latest Beijing rebuke
The blacklisted companies focus on artificial intelligence and facial recognition, markets that US chip companies such as Nvidia Corp and Intel Corp have been heavily investing in.
Nissan says preparing to gradually restart Mexico operations
The automaker will begin with vehicle and autoparts manufacturing activities
BMO launches online resource hubs to help clients navigate COVID-19 impacts
BMO has unveiled new online information hubs that contain content and resources to help Canadians navigate COVID-19 financially.
Selling of TTD properties on the name of substandard is insult on devotees: Pawan Kalyan
Terming the donated lands and other properties to Lord Sri Venkateswara of Tirumala Tirupati Devastanams as substandard was nothing but an insult to the devotees, stated the Jana Sena president Pawan...
‘Over 1,000’ pubs have interest in Covid-19 insurance test case
Dispute centres on whether insurers should pay for pubs’ losses over Covid-19 shutdown
Over 14,000 Brits could appeal lockdown fines after Boris defended Cummings
Mr Cummings trip to Durham was described as 'responsible and legal' by the Prime Minister.
Coronavirus: Nail salons prepare to reopen as restrictions set to ease
Beauty salons across Canberra are preparing to reopen in the hope coronavirus restrictions will be eased.
'Unfolding calamity' - Saftu threatens strike if public servants are forced back to work under lockdown Level 3
Two of South Africa's trade union federations have raised concerns over government's announcement that public servants must go back to work when the country gears down to Level 3 of the lockdown from next week, with the South African Federation of Trade Unions threatening strike action.
As flights resume, passengers settle into new normal despite cancellations
All major airlines such as IndiGo, Air India, SpiceJet, Air Asia and others operated 30% of their regular schedules between destinations, strictly adhering to the safety protocols set by the Ministry of Civil Aviation.
Woman forced to close company because husband refuses to watch child after 3 days
Women across the world are choosing to leave the workforce to take care of their children as schools remain closed, and responsibilities mount.
China hits out at US for blacklisting firms
China condemned the US for adding 33 Chinese entities to a trade blacklist, a move that risks potential retaliation from Beijing as tensions between the world’s two-biggest economies deteriorate furth
With presence of Chinese troops, India increases troops' strength in Ladakh
Sources in the Indian Army said that the Chinese have moved in troops and heavy vehicles across the Line of Actual Control near the Pangong Tso lake
Digitex Futures Integrates Chainlink’s On-chain Price Oracles for Added Transparency and Reliability
Digitex Futures, the DGTX token powered, zero-fee cryptocurrency futures trading platform has announced a partnership with Chainlink to integrate the latter’s d
UK, Nigeria pledge to sustain trade relations amid CoVID-19
With Covid-19 continuing to affect supply chains, trade and global investment flows, the United Kingdom and Nigeria authorities have pledged commitment
States pitch for maximum permissible use of Consolidated Sinking Find
Some States complain that despite easing of rules, the RBI has approved for smaller quantum of funds
Maui watershed purchase could be delayed due to coronavirus cuts | Honolulu Star-Advertiser
WAILUKU, Hawaii >> A county government’s acquisition of a private water delivery system for Maui’s drinking water may be delayed because of budget cuts resulting from the coronavirus outbreak.
More Troubles For AAP MLA Prakash Jarwal: Tanker Owners Claim He Collected Bribes Up To Rs 60 Lakh A Month
Aam Aadmi Party MLA Prakash Jarwal has been caught up in yet another controversy. The latest investigations suggest that Jarwal, MLA from Deoli constituency in the capital, allegedly received around Rs 60 lakh per month bribes from the water tanker owners, reports Times of India.
EU watchdog hopeful most banks can absorb €380bn pandemic hit
Buffers ‘should be sufficient’ to protect lenders in short term, says European Banking Authority
Lockdown 'dead in the water' because Boris won't sack Cummings, ex-top cop says
Mike Barton, ex-chief constable of Durham Police, said: 'How on earth are the police supposed to enforce the rules now?
Digitex Futures Adds Chainlink Integration For Unrivaled Price Data Accuracy
Digitex Futures has revealed a new partnership with Chainlink to provide the most consistent and accurate price data without fluctuation.
Factbox: EU recovery fund - the battle lines
BRUSSELS (Reuters) - The European Commission will issue on Wednesday a new proposal for a long-term European Union budget and a coronavirus recovery fund to help economies in the bloc rebound from recession.
IAF to operationalise second squadron of Tejas; IAF Chief to do it
This event will be conducted at Air Force Station, Sulur near Coimbatore. The squadron will be equipped with LCA Tejas FOC Aircraft and will be the second IAF Squadron to fly LCA Tejas,” the IAF said in a statement.
CIAL handles 1,050 passengers as domestic services resume
Monday marked the 21st anniversary of the airport
Cullen commission into money laundering in British Columbia resumes today
Inquiry was called amid growing concern that illegal cash was helping fuel real estate, luxury car and gambling
Chasing Data in Enterprise XR and Beyond
Feel-good stories (like customer engagement and titillating use cases) for immersive XR applications are what we always seem to hear about these days. In a previous article,
Mexico's monthly trade deficit hits $3 billion due to virus
Exports in Mexico fall by more than 40% in April 2020, while imports are down 30%
Qualys: Revenue Guidance Appears Choppy But Valuation Reasonable
Qualys reported Q1 revenue growth of ~15% which was slightly ahead of expectations with operating margins showing strong expansion. Management provided 2020 rev
Govt proposes to streamline processes to deal with corporate, tax frauds
IANS New Delhi Government proposes to further streamline and simplify the processes to deal with corporate and tax related frauds by identifying and insti
Home appliances remain immune to Covid, lockdown relaxation boosts demand
28% consumers keen on buying home appliances, while other discretionary spending is on hold, says Nielsen survey
German FA chief calls for player salary cap to help keep fans
The DFB meeting approved the restart on May 30 of Germany’s third division, with the last matchday scheduled on July 4, despite opposition by some of its members.
Football Great Dennis McKinnon to Breitbart News: 'How Does the Government Determine What Is Essential for You to Survive?'
Former NFL wide receiver Dennis McKinnon questioned arbitrary government determinations of "essential" and "non-essential" business.
How the pharmaceutical sector is adapting to remote working
For an industry based largely on manufacturing and scientific research, the pharmaceutical sector has needed to adapt in novel ways in order to meet the home working requirements fostered upon it due to the COVID-19 pandemic.
Life insurance firms record 45% degrowth in April, but post-COVID future bright
Insurance sector will face headwinds in Q1 FY20 due to the coronavirus pandemic, However, CARE Ratings said that insurance space will record strong performance, especially digitally going forward
EU eyes first face-to-face summit in months to haggle over budget
BRUSSELS (Reuters) - EU leaders may meet for a face-to-face summit in the coming weeks to bargain over the next joint budget and a linked coronavirus recovery fund, suspending lockdown rules imposed to contain the pandemic, diplomats and officials said.
Why did a cloth brand once promoted by Bond and Bachchan shut shop in India?
Did miscalculated branding end the 180-year brand’s run in India?
Oppenheimer Asset Management Inc. Acquires 11,774 Shares of Aptiv PLC (NYSE:APTV)
Oppenheimer Asset Management Inc. increased its holdings in shares of Aptiv PLC (NYSE:APTV) by 358.7% during the first quarter, HoldingsChannel.com reports. The fund owned 15,056 shares of the auto parts company’s stock after buying an additional 11,774 shares during the quarter. Oppenheimer Asset Management Inc.’s holdings in Aptiv were worth $741,000 as of its most […]
Malls Lose Rs 90,000 Crore in 2 Months, SCAI Seeks Adequate Relief
In a statement, the industry body said that the Reserve Bank of India's (RBI) relief measures are not adequate to support the liquidity needs of the industry.
As lockdown starts opening up, sales of immunity boosting foods double; FSSAI issues guidelines
Sales of immunity-boosting foods have shot up by an estimated 20-40%. Online searches for such products have gone up six-fold, with ayurvedic home remedies, giloy and vitamin C dominating, according to a report by Google.
Chelsea can use Bakayoko as leverage for Bulka’s return
Chelsea wants to offload Tiemoue Bakayoko and bring in a keeper, so why not a swap deal? Bakayoko has struggled to find his footing in the Chelsea squad ev...
Patriotic Poles led astray by mis-labelled Ukrainian cucumbers
WARSAW (Reuters) - Local supermarket Biedronka has been mis-labelling goods including Belgian carrots and Ukrainian cucumbers as home grown, Poland’s anti-monopoly office said on Monday.
Over 2.35 lakh personnel deployed in West Bengal to restore essential infrastructure
The West Bengal govt has deployed over 2.35 lakh police personnel and state officials to resume essential services in cyclone-hit areas.
NAIG faults NNPC’s recruitment, promotion process
The National Association of Itsekiri Graduates (NAIG) has condemned the claim by the Nigerian National Petroleum Corporation (aracter.
DBB: Reopening Economies Could Lead To More Upside For Base Metals
DBB has recovered rather slowly since it reached its lowest since February 2016 on March 23. In contrast with equities, base metals have not enjoyed a fast rebo
Decks cleared for formation of agriculture boards
They will recommend support packages for crop diversification
Pan-African businessman completes 100kW solar mini-grid in Zimbabwe
Philanthropist Strive Masiyiwa has completed a 100kW solar power project at Ndolwane in Bulilima district, through his ‘Re-Imagine Rural’ initiative.
Four people have signed petition for Dominic Cummings to keep his job
A petition set up for the PM's chief adviser to keep his job has not got many signatures.
Binance Adds ETH and XRP Options Contracts
Crypto exchange giant Binance announced on Monday the addition of Ethereum and XRP options trading facility.
Central Banks Are Destroying What Was Left of Free Markets
The Fed and other central banks are entering into a huge money-printing experiment in hopes of keeping the government-spending machine going at full speed forever. The unintended consequences will be highly destructive.
Better off staying closed?
Some businesses could be better off staying closed than risk re-opening during the second phase of the B.C.’s government's plan to safely and gradually re-open the economy, according to Val Litwin, president and CEO, BC Chamber of Commerce.
Domestic flights resume at Coimbatore International Airport
Three services touched down from Delhi, Chennai and Bengaluru
China links Australia barley tariffs to past trade disputes
Beijing defends Australia barley tariffs but links move to past trade cases against China.
Markets advance on hope of restrictions being eased globally
Subdued volumes traded on world markets as London and New York closed for holidays
Tiger Brands Weighs Major Job Cuts as Covid-19 Hits Food Demand
Tiger Brands Ltd. could make significant job cuts and asset sales this year as Africa’s biggest publicly traded packaged-food company looks to reduce costs and survive weak consumer demand worsened by the coronavirus pandemic.
Barcelona look to raise €70m in sales to balance books, club open to exits from group of six stars
Who will depart to offer financial relief?
Sberbank Buys 5,000 Blockchain ATMs as Russia Ponders Criminalizing Crypto Use
Sberbank is buying contactless blockchain-powered ATMs. This comes after a bill was proposed to penalize companies that use crypto.
Can’t Resist Splurging On Online Shopping? Here’s Why
The demand for online shopping has obviously increased since COVID-19 restrictions were put in place.
'Aggressive' rats on rise after restaurant shutdowns, CDC says
May 25 (UPI) -- Federal health authorities warned that rats may exhibit "unusual or aggressive" behavior because they have been cut of from food waste due to coronavirus-related closures of restaurants nationwide.
BA planning to rehire sacked staff on worse terms, union says
Unite accuses airline of using coronavirus crisis as cover for betraying its workforce
Shopify Is Taking The E-Commerce World By Storm
Lately, Shopify (SHOP) is firing on all cylinders. The company announced a series of new features on its May 20 Reunite event, together with a new partnership w
Why Entravision Communications Stock Could Be A Solid Play For Your Deep Value Portfolio
Entravision Communications is a major owner/operator of Spanish-language TV and radio stations. COVID-19 may mean an ugly Q2, and headwinds could persist throug
Ontario offers loan of up to $500M to lottery and gaming corporation
Ontario is extending a line of credit of up to $500 million to its lottery and gaming agency.
China accuses US of triggering 'new Cold War'
FM Wang says fast-spreading 'political virus' in US is using every opportunity to 'smear' China
Atlassian: Recent Rise And Premium Valuation Put Me On Sidelines For Now
Atlassian reported a strong Q3 earnings with revenue growing 33%, well above expectations for only ~28% growth. However, management provided Q4 revenue guidance
Cyclone Amphan: Govt releases Rs 1,000 crore to West Bengal; central team to visit soon
The rescue-and-relief operations in West Bengal were discussed at a meeting of the National Crisis Management Committee
Air Canada’s takeover deal for Transat faces intense scrutiny from EU antitrust watchdog
European Commission says deal could significantly reduce competition on many routes, echoing concerns of Canada’s Competition Bureau
Digital Banking: Monzo, Starling, and Revolut Make it Much Easier to Open Accounts, According to a Recent Review
Many large banks in the United Kingdom appear to be falling behind their all-digital competitors when it comes to providing better overall customer service, whi
HDFC gets battle ready, increases provisions to Rs 11,000 crore to ward-off coronavirus fallout
Housing Development Finance Corporation (HDFC) was seen gearing up for the aftermath of the coronavirus pandemic and the subsequent nation-wide lockdown.
Domestic flights resume from Ahmedabad, Surat airports
As per officials of Airport Authority of India, a total of 13 domestic flights arrived and 15 left from Sardar Vallabhbhai Patel International (SVPI) airport in Ahmedabad on Monday, as air travel restrictions have been relaxed for travel within India in the fourth phase of lockdown.
Jet Airways offers two Boeing aircraft for evacuation of stranded Indians
Jet Airways could supply up to four aircraft for evacuation missions within a reasonable period of time.Jet Airways has been grounded for a year due to lack of funds
Indian Motorcycles Offering Discounts Of Up To Rs 6.7 Lakh
The discount is valid on select BS4-compliant motorcycles manufactured in 2019 that are registered by the company in Haryana and under the company’s own name
China to ‘firmly’ retaliate against possible US sanctions over national security law: FM spokesperson
China said on Monday that it would take “all necessary measures” to firmly counter and retaliate against the US’ threatened sanctions over a national security law for the Hong Kong Special Administrative Region (HKSAR), lambasting the US for blatant interference in China’s internal affairs.
L3Harris Technologies: Steady Growth Yet Insulated From COVID-19 And The Economy
The recent merger of L3 Technologies and Harris Corporation created synergies that are driving cost savings and increasing margins. As a defense contractor, the
US urges probe into alleged ethics breach at African Development Bank
The US Department of the Treasury has called on the African Development Bank (AfDB) to carry out an independent probe into alleged ethics breaches by its president, Akinwumi Adesina. In a letter obtained by AFP on Monday, US Treasury Secretary Steven Mnuchin expressed "deep reservations" about
Coronavirus news: N-95 mask prices fall 47% after NPPA advisory
N-95 masks were earlier being sold in the market for Rs 150 to 300 per unit, but prices have been reduced after the advisory by the NPPA
Surrey cadets need new home as COVID-19 limits options for growing 767 Dearman squadron
‘We’re now the second largest air cadet squadron in the province,’ commander says
Maharashtra issues guidelines for air travel
Passengers to be stamped on left hand for home isolation of 14 days and self-monitoring of health
CREDAI seeks restructuring scheme to revive realty sector
Also wants new home loans extended at 5% rate of interest
Bank of America Boosts Splunk (NASDAQ:SPLK) Price Target to $208.00
Splunk (NASDAQ:SPLK) had its price objective lifted by Bank of America from $175.00 to $208.00 in a report published on Friday, BenzingaRatingsTable reports. The brokerage currently has a buy rating on the software company’s stock. A number of other research analysts have also recently commented on the company. SunTrust Banks dropped their price target on […]
Paddy farming: How migrant crisis has spurred a shift to direct seeding method
But for this farmers need uninterrupted power supply immediately, a need the govt is yet to fulfill
Edo power sector opens for competition - The Nation Nigeria
With the completion of the installation of 33KVA lines and a sub-station at the Edo State Secretariat complex, the much-awaited 55MW CCTEC-Ossiomo...
Gold Price News and Forecast: XAU/USD is consolidating gains at the start of the new trading week
XAU/USD is consolidating the recent gains while hovering above $1700 per troy ounce and the main SMAs on the four-hour chart. Gold bulls need a break
N-Power beneficiaries dispute minister's claim of April payment
Ms Farouq had on Saturday announced the payment of April stipends to N-Power beneficiaries.
Ethiopian Airline denies evacuation of Nigerians from Canada
Ethiopian Airlines yesterday denied having any existing contract to evacuate stranded Nigerians from Canada. According to the airline, it
Iran reopens major Shia shrines after two-month closure
Iran has reopened major Shia shrines across the Islamic republic, more than two months after they were closed, as it reported its lowest deaths from coronavirus since March.
Canadian economy entering ‘unknowable times’ because of downturn from pandemic, Poloz says
Bank of Canada Governor says said the most pressing danger stemming from this uncertainty is that it could fuel serious deflationary pressures
Air passengers go into quarantine in hotels in Coimbatore
On the first day of resumption of air travel on Monday, 100 passengers reached the city. From the aircraft from New Delhi and Chennnai, the city received around 40 passengers and by the evening aircra
Bankers Stay Home as South Africa Inc. Prepares Return to Work
Investec Chief Executive Officer Fani Titi saw a sign of things to come when he dropped by the bank’s headquarters last week.
Americans Are Rushing To Book Vacations In Re-Opened States
The uptick is also good news for the states, as taxes from these rentals can be a large revenue source for states
Chief Executive of Ghana Commodity Exchange, Dr Kadri, says they are working to reverse the drop in trading due to COVID-19
The Chief Executive of the Ghana Commodity Exchange (GCX), Dr Alfa Kadri has said that they are working to reverse the drop in activities on its platform due to the impact of COVID-19 on its operations.
Coronavirus lockdown | 532 flights take off but over 50% seats go empty
39,000 passengers ferried; last minute cancellations leave many frustrated
Justice sector budget cuts ‘will negatively impact SA’s corruption fighters’
The department further expects a budget cut to hinder Legal Aid SA's ability provide legal representation for the indigent and vulnerable citizens.
The US Air Force is removing height restrictions for pilots, which will allow more women to serve
(CNN) — The US Air Force has removed its minimum height requirements for prospective pilots, doing away with a barrier that had disadvantaged women. Previously,...
Delhi's Rail Bhavan to be shut again after staffer tests positive for COVID-19
Rail Bhavan will be closed for two days for sanitisation starting May 26 after a staffer tested positive for COVID-19
Coronavirus India Update, May 25: Cases near 1.40 lakh; lockdown extended till June 30 in Himachal’s 2 districts
Coronavirus (Covid-19) India Latest Update, May 25: The total number of infections in India rose to 1,38,845 on Monday. Of these 77,103 are active, while 57,720 patients have been discharged.
ECB Facing Testy Stimulus Debate After Call to Scrap Limits
The European Central Bank looks set for another testy debate after one policy maker floated the prospect of removing what many see as an important limit on its powers.
Ontario offers loan of up to $500M to lottery and gaming agency
Ontario is extending a line of credit of up to $500 million to its lottery and gaming agency.
MGNREGS come to tribals’ aid in Nandurbar, district reports highest-ever employment under scheme
According to District Collector Dr Rajendra Bharud, 41,157 labourers are employed in various works undertaken by district collectorate.
Sassa apologises for delays in R350 special grant after only 10 people paid so far in trial run
The SA Social Security Agency has apologised for delays in making payments to beneficiaries of a R350 social relief grant meant for millions of unemployed during the Covid-19 lockdown.
Activists, writers urge PM to impose 2% wealth tax on the richest 1%
A host of activists and writers have petitioned Prime Minister Narendra Modi requesting him to impose “2% wealth tax on the richest 1% of the country” to fight COVID-19 pandemic. The signatories inclu
Land auction allegations a campaign to defame TTD, says Subba Reddy
‘The resolution was passed by the trust board in 2016’
Rail Bhavan Closed Again After Another Staff Tests Positive Coronavirus
An employee of the Rail Bhavan in Delhi tested positive for the novel coronavirus on Monday, leading to the closure of all offices of the Railways Ministry for the next two days, the second time in less than a fortnight.
Group exposes alleged plot to smear Governor Emmanuel
A group in Akwa Ibom, Good Governance Assembly, says it has uncovered a sinister plot to sponsor a campaign of calumny against the state governor, Udom Emmanuel
Families of NY workers who died fighting coronavirus will get death benefits
The families of New York’s public workers who gave their lives fighting the coronavirus will receive death benefits from the state and local governments, Gov. Andrew Cuomo announced
A GST cut can put auto sales on fast track to revival
The question is whether there will be adequate demand and, more importantly, what the government can do to encourage sales. Mint takes a look
Area under gingelly expected to increase in Tiruchi district: official
The area under gingelly is expected to increase by about 200 hectares in Tiruchi district this year, thanks to a push given to oil seed cultivation under the Targeted Rice Fallow Area (TRFA) Oil Seeds
Paper valuation may burn a hole in their pocket
Plus Two teachers grapple with uncertainty of transport services to centres in Tiruchi district
Coronavirus News: New York provides death benefits for public heroes who died from COVID-19
New York Gov. Andrew Cuomo announced Monday that state and local governments will provide death benefits for public heroes who died from COVID-19 during the coronavirus pandemic.
Ebus ready to roll again
Ebus has announced it is relaunching service starting June 4.
COVID-19: Reps seek enforcement of local content in all sectors of economy
ABUJA-In what appears like a proactive way of tackling an anticipated harsh economic weather in the post COVID-19 pandemic era, the House o
Five business groups urge Ontario to halt commercial evictions during pandemic
Ontario Premier Doug Ford has previously declined to freeze commercial evictions
Finland's new nuclear reactor hit by valve leak
HELSINKI (Reuters) - Finland’s long-delayed Olkiluoto 3 (OL3) nuclear reactor was hit by another setback after the nation’s safety watchdog reported valve problems in a component involved in the cooling process.
Flight services re-start in Kalaburagi
Operations of domestic passenger flight services at Kalaburagi Airport which were suspended on March 12 to contain the spread of coronavirus resumed with the landing of a Star Air flight here on Monda
BTC Dominance Signals Abrupt End to Crypto Altcoin Season
Altcoins across the crypto market may be seeing a pullback according to a buy setup on BTC dominance charts signaled by the TD Sequential indicator.
Migrant workers of Odisha cross into Chittoor from Tamil Nadu
Urge A.P. authorities to arrange transport to their home State
Welfare recipients facing five-month delays to exit cashless debit card scheme
Data shows that of the 859 application lodged since September, only 30 have been accepted
Shaktikanta Das differs with govt over IMF's $500 billion rights plan
RBI governor backed IMF’s plan to issue fresh SDRs for helping crisis-hit members.Fresh SDR issue would have helped least developed and developing nations facing a forex crisis
Domestic flight services resume at Tiruchi airport
IndiGo flight with 66 passengers from Bengaluru lands; airline cancels services on Chennai sector; passengers scanned on arrival
Bigger payouts for Covid beneficiaries could end up benefitting everyone
There's more to the finance minister's controversial move than meets the eye, argues Max Rashbrooke. If you’re a current beneficiary, I can see how it looks like a slap in the face. Finance minister Grant Robertson yesterday announced that people rendered unemployed by the coronavirus will receiv
Indian Tea Association estimates Rs 2,100-cr revenue loss for tea industry in Assam, West Bengal during Mar-May
The association said that in these two states, the total loss of production during the three months will likely be 140 million kg. Based on last year's North India auction prices, the estimated revenue loss will be Rs 2,100 crore, ITA said.
Succession Planning: Along with businesses, even families need to adopt, adapt to secure interests
While most UHNI individuals or families recognize the need for succession planning, not many are disciplined about it. For most, succession planning is something one pays attention to only on nearing retirement.
Germany will take stake in Lufthansa in landmark $9.8-bn bailout deal
Government’s holding in the company, privatized with fanfare two decades ago, to start at 20% and could rise above 25%
What to expect as Aryzta prepares to publish results?
A shareholder plan to oust a chunk of Aryzta’s board will be a key focus for investors tomorrow as the embattled Swiss-Irish baked goods company releases third quarter figures.
Stung by outrage, Andhra govt puts plans to sell 50 TTD properties on hold
Opposition parties contended that the move to sell 50 immovable properties would hurt the sentiments of those who had donated the properties to the ancient temple of Lord Venkateswara
Alphabet's drone delivery service Wing has made 'thousands' of deliveries in Australia during the pandemic
Drone delivery service Wing has seen an uptick in use during the coronavirus pandemic.
Japan to end Tokyo’s state of emergency, eyes fresh $930 billion stimulus
The world’s third-largest economy has escaped an explosive outbreak with some 17,000 infections and 825 deaths so far; however, the epidemic has tipped it into a recession and plunged Prime Minister Shinzo Abe’s popularity to multi-year lows.
Delhi-Pune, Mumbai-Patna, Ahmedabad-Delhi among first flights to take off as domestic air services resume after two months
Indian skies will open up for domestic passenger services from Monday after a gap of two months, with Delhi-Pune and Mumbai-Patna flights being among the first to take off, aviation industry sources said
Fewer meetings will help achieve 100% productivity, say developers in survey
Working longer hours wasn't an issue but developers said they wanted fewer meetings as it cuts into productivity. The survey found that 97% of developers who worked over 60 hours reported they were happy with their job.
Mexican auto industry groups urge Puebla state to allow operations to restart
MEXICO CITY — Mexican auto industry groups on Sunday urged the governor of the state of Puebla to allow a gradual restart of operations after economic activity was curbed to contain the spread of the novel coronavirus.
UK bailout schemes could create coronavirus debt trap, warn banks
Fear businesses could face paying billions in loans just as they try to recover from pandemic
Japan set to lift coronavirus emergency as cases slow
Rest of World News: Japan was poised to lift its nationwide state of emergency over the coronavirus on Monday, gradually reopening the world's third-biggest economy after
Energy efficient lighting being rolled out in Moorabool
WORKS have commenced on upgrading almost 2000 public lights in Moorabool Shire, to be both more energy and cost efficient. Powercor recently began the three m...
Lockdown 4.0: With strict rules, aviation sector limps back to normalcy as domestic flights resume
Mumbai: Indian skies opened up for domestic passenger services from Monday after a gap of two months, with Delhi-Pune and Mumbai-Patna flights being among the first to take off, aviation industry...
People impact of Lagos State budget review
At the outset of the current fiscal year, the State House of Assembly approved a N1.168-trillion worth budget meant to impact lives and enhance the standard of living of Lagosians.
Goodwill hunting: BCCI hopes to build consensus on ICC’s leadership role
On Tuesday, the ICC Board will meet to lay down the procedure for the election. Two days later, on May 28, the Board will meet again and is likely to announce the timeline for filing nominations.
Second Iranian Tanker 'Forest' Reaches Venezuelan Exclusive Economic Zone, Tracking Data Shows
The second tanker follows the first of five Iranian vessels carrying an estimated total 1.53 barrels of gasoline between them. The first vessel, the 'Fortune'...
More Britons to leave Nigeria in three charter flights
Adelani Adepegba, Abuja The United Kingdom Government has announced three more charter flights for the evacuation of Britons stranded in the country. The flights are scheduled for May 29 on the L...
Mumbai airport commences operations after two months; first flight departs for Pune
Domestic flights resume operations after 2 months: The first flight departed from Mumbai airport to Patna at 6:45 AM today. The first arrival flight to Mumbai departed from Lucknow at 8:20 AM. Both flights will be operated by IndiGo
AUD/USD Price Analysis: Upper end of the contracting triangle caps gains
The AUD/USD pair is currently trading largely unchanged on the day at 0.6530, having faced rejection at 0.6550 during the early Asian trading hours. T
Maharashtra allows 50 flights to and from Mumbai airport today as domestic air travel resumes; U-turn hours after CM seeks more time
After much speculation about the resumption of domestic flight operations in Maharashtra due to the increasing number of coronavirus cases, the state government has allowed 25 flights to land and 25 flights to take-off from the Mumbai airport today, according to several media reports.
Air India Cancels This Flight Without Any Prior Notice, Passengers Stranded at Airport
Notably, states (except Andhra Pradesh and West Bengal) across the country resumed domestic flight services from today, nearly two months after Prime Minister Narendra Modi announced nationwide lockdown to combat the spread of COVID-19 pandemic.
Kyoto hotels hit by 89% slump in foreign stays as pandemic takes toll
Visitors from East Asia, where the virus took hold from the start of the year, plummeted even further.
Only technology exports can secure Australia’s future
Australia finds itself at a historically significant moment. But continued heavy dependence on the export of raw materials to one significant buyer poses an existential risk to our lifestyle.
Russian prosecutors seek 18 years for ex-US marine in spy trial
Russian prosecutors on Monday called for a former US marine charged with spying to be sentenced to 18 years in prison, after a closed-door trial denounced by Washington and his family.
Business sentiment rises but Covid-19 concerns persist
‘Nobody is losing the run of themselves’ but they see light ahead, says Bank of Ireland
Never let a good crisis go to waste: How our food sector can save NZ's economy
The world will always need food, and New Zealand is enviably positioned to capitalise on this, writes future foods expert Rosie Bosworth – but we need to take a few big steps first. It’s a bittersweet moment for New Zealand. As a nation we’ve collectively worked hard to successfully flatten the
India Inc goes back to work with safety measures, strict 'no AC’ rule & plenty of social distancing
These business leaders share the protocols they have set in place as they reopened their workplaces.
WH Adviser O’Brien: US will likely impose economic sanctions on Hong Kong and China if …
Speaking on NBC's "Meet the Press" on Sunday, White House National Security Adviser Robert O'Brien said, “the US will likely impose economic sanctions
Japan to end Tokyo's state of emergency, eyes fresh $930 bln stimulus
TOKYO — Japan will lift a state of emergency for Tokyo and remaining areas still facing restrictions on Monday, while the Nikkei reported a plan for new stimulus worth almost $1 trillion to help companies ride out the coronavirus pandemic.
Stock, Forex, Commodity, Currency Markets Shut For Ramzan
The domestic financial markets - including equity, debt and currency segments - are shut on Monday, May 25 for Id-Ul-Fitr (Ramzan).
Japan's Uniqlo to make masks using underwear fabric
TOKYO — Japanese casual clothing chain Uniqlo, owned by Fast Retailing, said it plans to sell face masks made of fabric used for its Airism underwear line in response to strong demand for protective gear for the coronavirus.
FMF, others list strategies to curb impact of coronavirus in real estate
Following the impact of the coronavirus pandemic on the real estate sector, stakeholders including five chief executives in the mortgage finance industry have move to cushion the effect on the average Nigerians seeking decent and affordable housing in the country.
Test Research upbeat about 1H20
Test Research (TRI), which provides automatic test and inspection tool solutions, has landed a pull-in of orders for networking and server applications since the fourth quarter of 2019. The order pull-in momentum is expected to persist throughout the first half of 2020, according to the Taiwan-based company.
Asian shares climb, Tokyo gains on hopes for reopening
TOKYO — Asian shares are mostly higher, with Tokyo stocks gaining on expectations that a pandemic state of emergency will be lifted for all of Japan.
Senior markets operative jumps ship to MST Financial
Gerard Satur's MST Financial has made another high-profile hire.
Campari: Stock Is Too Expensive As Restaurants Remain Closed
First impact from COVID-19 could be seen in Q1 results, where profit halved compared with the same period last year. Further drop in sales and profit is expecte
Big Pharma rejected vaccine prep efforts, watchdogs say
NGOs say industry’s rejection of a Commission-funded effort to speed vaccine approvals represents broader problems with the Innovative Medicines Initiative.
Scotland's NHS would have struggled during pandemic without 'massive' contribution of migrant workers
The SNP's migration minister wants the Tories to halt their plans to block so-called "low-skilled" workers from being able to make Scotland their home.
One of New Zealand's largest media organisations is being sold for just $1
The organization Stuff prints many of the nation's daily newspapers and runs a popular news website of the same name. It employs about 900 staff, including 400 journalists. Owned by Australia's Nine Entertainment, Stuff faced financial challenges before the coronavirus pandemic struck and has since seen advertising revenues plunge.
Eid in lockdown: Jama Masjid to remain closed for devotees
In the presence of existing restrictions, the usual hustle-bustle seen during Eid is missing in markets.People in Ranchi said that they will celebrate Eid keeping in mind all lockdown guidelines and norms
Nissan-Renault-Mitsubishi ties more crucial than ever as pandemic rocks carmakers
Revising their strategies this week, the firms will at least have the opportunity to show progress in moving beyond last year’s management paralysis.
South African mine closes after over 100 workers test positive for COVID-19
The 4km-deep mine will now be deep-cleaned.
Singaporean cooks up Eid feast for migrant workers in lockdown
SINGAPORE (Reuters) - As Muslims around the world celebrate Eid al-Fitr to mark the end of the fasting month, thousands of migrant workers in Singapore have had to spend the holiday in quarantine because of outbreaks of the novel coronavirus in their dormitories.
Fiji Airways terminate 775 staff: 'Devastating' airline sackings highlight the need for travel bubble
Fiji Airways' decision to let go nearly 800 staff due to the Covid-19 pandemic highlights the importance of establishing a Pacific "travel bubble" as soon as possible, an aviation expert says.
Insider Trading? OmiseGo (OMG) Surges 200% Just 15 Minutes after Coinbase Listing, but then Crashes Immediately
San Francisco-based cryptocurrency exchange Coinbase began supporting trading with OmiseGo (OMG) on May 21, 2020. The OMG token price surged 200% in only 15
Japan set to lift coronavirus emergency as cases slow
Japan was poised to lift its nationwide state of emergency over the coronavirus on Monday, gradually reopening the world's third-biggest economy after new cases slowed to a crawl.
How Sonu Sood Replies to Migrant Workers on Twitter Deserves Whole New Round of Appreciation
Sending migrant workers to their homes is a big noble gesture by Sonu Sood but how he assures them in tweets that they are definitely going home is truly heartening.
Demand for budget-friendly homes surges amid layoffs, pay cuts
As the Nigerian economy falters due to the ongoing coronavirus outbreak, businesses are worst off, prompting pay cuts in many companies, search by people living in rented houses for budget-friendly homes across cities and towns to reduce costs.
UK's Sunak authorises bailout to rescue strategically important companies
Under the plan, which is named "Project Birch", the finance minister has raised the UK Treasury's capacity to handle bespoke bailouts of "viable" companies which have exhausted all options
Japan ends state of emergency, eyes fresh $1.5trn stimulus
Japan's economy minister said the government had received approval from key advisers to remove the state of emergency for Tokyo and all remaining regions.
Asian shares climb, Tokyo gains on hopes for reopening
Asian shares are mostly higher, with Tokyo stocks gaining on expectations that a pandemic state of emergency will be lifted for all of Japan. Japan’s benchmark Nikkei 225 added 1.5% in morning trading to 20,682.78. Hong Kong’s Hang Seng dropped 1.2% to 22,659.62.
Japan to end Tokyo’s state of emergency, eyes massive new stimulus
World’s third-largest economy has escaped an explosive coronavirus outbreak
‘Buhari’s Executive order 10, restructuring for the poor’
John Alechenu, Abuja A non-governmental organisation, Save the Poor Coalition, on Sunday described the Executive Order 10, 2020, recently signed by the President, Major General Muhammadu Buhari (r...
Time has come to merge income support schemes with MGNREGA
The legal framework of the MGNREGA scheme does allow this on farms owned by people of SC/ST communities, and on the lands of marginal farmers.
Another Digital Bank to Launch in the Philippines, as Government Aims to Offer Virtual Banking Services to Filipinos Working Abroad
An increasing number of transactions are being conducted online by the residents of the Philippines due to COVID-19. The nation’s government has confirmed
Japanese government panel says time right to lift emergency in five prefectures
The Japanese government was set to end its nationwide state of emergency by lifting the order for Tokyo, its surrounding areas and Hokkaido on Monday.
Asia stocks mostly up on lockdown easing but Hong Kong extends losses
HONG KONG, May 25 — Most Asian markets rose today as a further opening up of economies from lockdown offset worries over worsening China-US tensions, while Hong Kong sank again after the city was rocked by protests at the weekend over a controversial proposed security law. While Donald Trump has...
End of lockdown does not mean start of work in this textile town. Here’s why
The industrial paralysis is deep.
Gold rates today hikes in Delhi, Chennai, Kolkata, and Mumbai - 25 May 2020
Gold rates today on 25 May 2020: Gold rates have increased by a slight margin on Monday. These gold rates have been on rise after a fall for the last couple of days.
Japan to end Tokyo's state of emergency
TOKYO, May 25 — Japan will lift a state of emergency for Tokyo and remaining areas still facing restrictions today, while the Nikkei reported a plan for new stimulus worth almost US$1 trillion (RM4.36 trillion) to help companies ride out the coronavirus pandemic. Social distancing curbs were...
UAE Exchange Centre starts refunding customers - but many still wait for their money
Many transactions had been delayed for two months as company seeks a way out
Reliance Industries launches JioMart service across cities, offers discounts: Here's how to buy groceries, place an order
Customers can now log on to the newly-launched website jiomart.com to place an order
Oil falls as US-China tensions take toll
Oil prices have risen sharply in recent weeks as an easing of coronavirus restrictions has led to increased demand, but the tensions between the United States and China are beginning to weigh on sentiment.
Branson's Virgin Orbit fails to launch rocket from 747
A crucial test of its two-stage, orbital rocket system, designed to rival that of Elon Musk's SpaceX for satellite launches, ended the mission shortly after releasing the rocket from the plane.
COVID-19: Hundreds test positive at meatpacking plant in Brazil
SAO PAULO: Hundreds of meatpacking workers at a single BRF SA plant in southern Brazil have tested positive for the novel coronavirus, the company ...
Covid-pushed business spike sends fintech ClearTax on hiring spree
At a time when most business giants are stuck in firing dilemmas, India's fintech bellwether player ClearTax is getting busier on its hiring spree.
Skills and training overhaul to form centrepiece of PM’s economic recovery plan
Prime Minister Scott Morrison will unveil major changes to skills and vocational training in a major economic speech about coronavirus recovery.
Covid impact: Private banks set aside over 75% of operating profit as provisions in Q4
All of them provided aggressively in view of the Covid-19 outbreak and the repayment moratorium, which also requires pre-emptive provisioning. Some red-flagged risks that could arise out of the retail unsecured segment.
Global shares up as recovery hopes overshadow virus worries
TOKYO (AP) — Global shares rose Tuesday as hopes for economic recovery overshadowed worries over the coronavirus pandemic. Investors are shifting their focus to how various nations are adapting to...
Cities and the coronavirus
Economic revival strategies and welfare measures must keep the urban dynamics and complexities in mind
All you wanted to know about tax deductions in times of Covid
Only employer can decide to cut TDS later in the year
Gathering limits make it a ‘great time to be building a pipeline:’ Alberta minister
Both Alberta and B.C. have increased their limits to 50 people for outdoor gatherings
In race for tourism, Greece reopens cafes, island ferries | Honolulu Star-Advertiser
ATHENS, Greece >> Greece restarted regular ferry services to its islands today, and cafes and restaurants were also back open for business as the country accelerated efforts to salvage its tourism season.
CAO decision time: What should you study at college?
Students have until July 1st to submit their final third level course options to the CAO
Coca-Cola Amatil sales plunge on widespread COVID-19 lockdowns
A full month of lockdowns has severely disrupted what are traditionally peak trading periods of Easter, Anzac Day and Ramadan for the drinks giant.
NYC’s urban model faces existential crisis in post-pandemic world
Manhattan needs its people back. But do the people need Manhattan? COVID-19 may not be a pause, as Gov. Cuomo puts it, but a rupture — one that has vast implications for New York. For half a
Testy moment for Ministry of Agric - The Nation Nigeria Newsa
The jobs were signed, sealed and delivered by the contractors. They expected their contracts’ sums to be released to them. But, some two years later..
Care workers should be better paid and valued after Covid-19 – poll
Fawcett Society survey shows support for income-tax increase to fund pay rise
Andhra CM Jaganmohan Reddy shelves TTD's plans to sell devotee-donated lands
In an apparent damage control measure, the Jaganmohan Reddy government has issued an order keeping a decision by the Tirumala Tirupati Devasthanams to liquidate 50 bits of properties in abeyance.
Parts of 'salmon cannon’ arrive soon at Fraser River landslide
Fish expected to come into a holding pond before they are boosted up river to their spawning grounds
Benje Patterson casts an eye over the entrepreneurial spirit that saw 3,136 businesses started across New Zealand during April when the country was in lockdown
Benje Patterson casts an eye over the entrepreneurial spirit that saw 3,136 businesses started across New Zealand during April when the country was in lockdown
China to further crack down on manipulation of financial market
China has strengthened the effort to crack down on manipulation of financial markets in an effort to prevent and resolve financial risks, according to China’s top Chief Justice.
Salmon expected to begin arriving soon at Fraser River landslide: DFO
VANCOUVER - Parts of a pneumatic fish pump dubbed the "salmon cannon" have arrived at the site of a massive landslide along British Columbia's Fraser River,
Foreign Correspondent's Club of Japan accused of censorship after taking down Tokyo Olympics parody
The April issue of the club's magazine featured the Tokyo Olympics' emblem depicted in the shape of a coronavirus, which reportedly prompted copyright complaints from the Olympic Organising Committee.
Bitcoin’s Break Below a Key Level has Opened the Gates for a Move to $5,900
Bitcoin has seen much of its recently incurred technical strength degrade over the past 48 hours, and one analyst is now targeting $5,900
Lufthansa says Germany approves stabilization package
Germany's new Economic Stabilization Fund (WSF) has approved a 9 billion euro (US$9.80 billion) stabilization package for Lufthansa , Germany's ...
Mexican Power Utility Wants Immediate Price Hike for Rivals
(Bloomberg) — Unfazed by criticism it is unfairly blocking renewable energy projects, Mexico’s state-owned utility is doubling down on demands for regulators to protect its market share.
CAO Q&A: Everything you need to know about the change of mind process
Brian Mooney on how to approach the CAO process and get your course choice right
Coca-Cola Amatil sales plunge on widespread COVID-19 lockdowns
A full month of lockdowns has severely disrupted what are traditionally peak trading periods of Easter, Anzac Day and Ramadan for the drinks giant.
Jharkhand Class 10, Class 12 Board Results 2020: Jharkhand Academic Council to start evaluation of Class 10, Class 12 answer sheets from 28 May; Jharkhand Board Results 2020 in June @ jac.nic.in or jacresults.com
Jharkhand Board Results 2020:The Jharkhand Academic Council will start evaluation of Class 10, Class 12 answer sheets from 28 May and the Jharkhand Board Results 2020 to be declared in June on jac.nic.in or jacresults.com.
Godrej CEO: Focus to be on driving growth as margins are quite reasonable
Till February, the company witnessed an industry-leading 5% year-to-date volume growth. However, the spread of the virus and the eventual lockdown in many geographies of our operations resulted in zero sales in the last 10 days of March.
Lebanon’s migrant workers’ plight worsens as crises multiply
BEIRUT (AP) — Long before the pandemic struck, they lived and worked in conditions that rights groups called exploitative — low wages, long hours, no labor law protections. Now, some...
Macron Set to Unveil Aid for Embattled French Auto Industry
French President Emmanuel Macron is set to announce measures to support the auto industry before other European governments, highlighting the crucial role the sector plays in the economy and how hard it has been hit by the coronavirus pandemic.
Rural job crisis ‘deepens’
Unemployment rate increases to 25 per cent from 22 per cent
Rural Ahmedabad: 35% of Covid cases from industries
Two employees, one each from Intas Pharmaceuticals and Zydus Cadila tested positive for the virus, taking the number of positive cases to 170 in rural Ahmedabad, where 35 per cent of the infected are working in industrial clusters, according to officials.
Manhattan Beach moving ahead with retail reopening
Even before the state announced it would let retail stores reopen, Manhattan Beach was moving forward with its plan to allow small shops to operate.
Meet the Aussie money manager who made millions as markets crashed
Father-of-six Nicolas Bryon didn't get much sleep, but it wasn't family duties keeping him up. He was one of a few hedge funds managers around the world who managed to make money in March and April.
Protests in Ecuador against job, wage cuts, over virus
Demonstrators defied coronavirus restrictions to march in cities across Ecuador on Monday in protest against President Lenin Moreno's drastic economic measures to tackle the crisis.
Silver's Silver Lining
Investors may consider some exposure to silver as the multi-year, supply-demand surplus scenario looks to be transitioning towards a more favorable picture. On
'We just want some help': Drought-stricken Hauraki Plains farmers
Farmers on the Hauraki Plains are banding together and holding socially-distanced shed meetings, as they fight the worst drought seen in the area in decades.
'Companies remain fundamentally bad at risk management'
The COVID-19 pandemic has highlighted gaps in the way many organisations deal with risks in their business, especially around cyber-security.
Meet the Aussie money manager who made millions as markets crashed
Father-of-six Nicolas Bryon didn't get much sleep, but it wasn't family duties keeping him up. He was one of a few hedge funds managers around the world who managed to make money in March and April.
FIFA suspend Haiti FA chief over sexual abuse allegations
Fifa has provisionally suspended Yves Jean-Bart pending an investigation into claims the president of the Haiti Football Federation sexually
3 states finalising databases for benefit of migrant workers
The migrant commission announced by the Uttar Pradesh government will map skills of workers who have returned to the state, providing data to employment exchanges while also providing workers social security measures like insurance.
Las Vegas, travel industry in uncharted territory amid pandemic
Airlines and airports are taking steps to convince the traveling public that flying is no more dangerous than going to the grocery store.
Get up to 70% off Liverpool kit in the LFC x NB sale
Enjoy great deals on a range of products, including the 19/20 home kit
Why choose a business course? Creativity, teamwork alongside enterprise
Consider average class size, work experience, project work when choosing your course
Bihar, Jharkhand transfer via apps Rs 1,000 each to 21 lakh migrant workers
Faced with the challenge of providing relief to migrant labourers stuck in other states during April — before transportation became available on May 1 — Bihar has developed a mobile application (app) which could perform basic checks through Aadhaar authentication to identify genuine beneficiaries.
Kotak Bank cuts savings rate to 3.5% for up to Rs 1 lakh balance
This is the lender’s second cut to the savings rate in as many months and brings its interest rate on savings accounts at par with that of the much larger Punjab National Bank (PNB).
After UP, Rajasthan reverts to 8-hr factory shifts
India News: Human resources experts, trade unions and civil society groups have lauded the Rajasthan government’s decision on Sunday to revert to 8-hour shifts in
The new rugby deal that puts more pressure on Super Rugby's future
Rugby's move towards a private-equity driven future has gathered pace with reports that CVC Capital Partners' splurge into the Pro14 will bring the concept of a club world cup closer to reality.
Probe Dangote’s human right abuses in coal mining communities, group tells FG
GIFSEP asked the FG to probe reported human right abuses on coal mining communities, particularly attributed to the Dangote Coalmine in Kogi.
Hindustan Zinc Rating: Buy — A steady performance in the quarter
But for Covid-19, volume scenario for FY21 was bright; dividend outlook and execution of 1.2-mtpa project behind ‘Buy’ rating
Transat extends Air Canada takeover timing following European regulatory review
TORONTO — Transat AT has extended the timing of its acquisition by Air Canada after European regulators launched an in-depth investigation into the deal over concerns it may reduce competition and result in higher prices.
Arutz Sheva readers invited to Zoom discussion with Atty. Mark Langfan - US & Canada
Chairman for Americans For A Safe Israel will be holding a special Zoom session titled: 'West Bank Annexation: The Good, The Bad & The Ugly'
Passengers’ body blames govt. for sloppy first day of flight resumption
The Air Passengers Association of India (APAI) on Monday blamed the government’s sloppy handling of domestic flight resumption for large-scale flight cancellations and passengers not knowing State-wis
China's Deputies brainstorm support for businesses – Global Times
The Global Times is reporting how Chinese Deputies to the ongoing National People's Congress have suggested that the government work out more measures
As flights resume, more passengers leave than arrive in Mumbai
24 flights depart from city, while 23 land; seven airlines carry 4,852 passengers to and fro; highest passenger load to Delhi
ASX to open higher, $A steady
Australian shares are poised to advance, extending Monday's surge. German shares lift on Lufthansa rescue.
Passengers left fuming as flights get cancelled at KIA
Airlines said some cancellations were owing to curbs imposed by other States on arrival of flights
Retired and re-employed, they add to burden on exchequer
Austerity measures fly in the face of several instances of lavish expenditure
Haryana: Farmers take out tractor march against paddy cultivation restrictions
Farmers from Ratia block went to district headquarter Fatehabad to lodge their protest and submit a memorandum to the local administration.
Hotel owners fight to save jobs during COVID-19 crisis
As we speak, hotel occupancy rates have plummeted to less than 5% in the entire country
Cancellation of flights creates chaos at airports
PTI New Delhi India’s domestic flight services resumed on Monday after a gap of two months but a large number of last-minute cancellations by airlines t
IPG Photonics: Buy On Weakness
IPG owns one of the safest and strongest balance sheets in corporate America. The long-term trend of rising demand for lasers of all types puts the wind at your
Newmont Corporation: Digging Into The Q1 Results
Newmont Corporation released its Q1 results earlier this month, reporting quarterly gold production of 1.5 million ounces at all-in sustaining costs just above
DA calls for special inspector-general to prevent graft in relief fund
The party also threatened to table an amendment to the Special Appropriations Bill, should Mboweni not adhere to the request.
Australian Prime Minister Rolls Out Plan to Save Economy as China Slaps Tariffs on Country's Exports
Trade relations between the two geographic neighbours reached a new low as Beijing banned several Australian beef-exporting companies and slapped an 80% tariff on the...
Western Cape’s disaster management bracing for stormy weather
The SA Weather Service warned that there would be more snow and gale force winds on Tuesday morning - and, for those at sea, there would be high seas.
California announces churches, houses of worship can reopen under certain guidelines amid coronavirus outbreak
California Gov. Gavin Newsom on Monday released guidelines for reopening houses of worship amid the coronavirus pandemic, after President Trump deemed them “essential” last week.
Berlin to take 20% stake in €9bn bailout of Lufthansa as airline struggles amid Covid-19 travel fallout
Germany will offer Lufthansa a €9bn bailout in return for a 20% stake two decades after the airline was privatised with much fanfare.
Gathering limits make a 'great time to be building a pipeline:' Alberta minister
Alberta's energy minister says it's a good time to build a pipeline because public health restrictions limit protests against them.
Quarantined investors create ‘perfect storm of stupid’ (Plus, a TSX stock skyrocketing on the shift to remote working)
A roundup of investment ideas for active investors
'He can stay where he is' - Wolves transfer rumour destroyed by Newcastle United fans
Wolves transfer news - Former Chelsea striker is being linked with WWFC and Newcastle
Is deflation set to become Economic Enemy No 1?
Amid all the uncertainties that lie ahead is the possibility of deflation setting in post-Covid-19. Negative inflation rates would create an even steeper and longer hill to climb out of economic recession than we are already expecting. It will all come down to whether demand under- or over-shoots supply. The jury is out.
Realme Power Bank 2 released: 10000 mAh + 18W two-way fast charging
Realme Power Bank 2 released: 10000 mAh + 18W two-way fast charging. This new power bank from Realme is sold for Rs 999 ($13).
New Bank of Canada Governor Faces Stagflation, Rosenberg Says
Incoming Bank of Canada Governor Tiff Macklem will face a combination of rising prices and stagnant growth as the economy struggles to recover from the coronavirus pandemic.
Online games could be source of money laundering, B.C. public inquiry hears
A public inquiry into money laundering in British Columbia has heard that cash is still king but cryptocurrencies and other virtual trade could rise as a trend.
UK to reopen thousands of shops in easing of coronavirus lockdown – Johnson
LONDON, May 25 (Reuters) - Britain will reopen thousands of high street shops, department stores and shopping centres next month, Prime Minister Boris Johnson said on Monday, setting out a timetable for businesses as part of moves to ease the coronavirus lockdown.
“City of darkness” no longer – AfDB supported electricity project lights up Juba
The $38 million Juba Power Distribution System Rehabilitation and Expansion Project is almost completed according to a release by the AfDB.
Essential Services Largely Restored, Mamata Banerjee Seeks People's Cooperation for Normalcy
Contending that 80 per cent of all essential services have been restored in West Bengal, Chief Minister Mamata Banerjee on Monday sought the cooperation of people for bringing the cyclone-hit state back on its feet.
Pound Sterling Price News and Forecast: GBP/USD taking advantage of a softer US dollar and slight risk-on tones
GBP/USD is currently trading at 1.2192 and slightly higher at the start of the week. Investors remain bullish on the relaxation of lockdown measures w
Realme Buds Q, Buds Air Neo, 30W Dart Power Bank and more launched in China
Realme seems to be firing on all cylinders as the company expanded its product catalogue n India and China with the launch of several products, including the X50 Pro Player Edition smartphone. The India launch event saw the unveiling of the Realme Smart TV, Buds Air Neo earbuds, 10000mAh Power Bank 2 and the brand’ …
Talking Stick Resort, Casino Arizona, and Desert Diamond West Valley to reopen next week
After remaining closed for more than a month due to the COVID-19 pandemic, Talking Stick Resort, Casino Arizona, and Desert Diamond West Valley Casino have confirmed their plans to reopen next week.
Coronavirus lockdown | UK to reopen thousands of shops next month, says Boris Johnson
Johnson is keen to restart an economy which has been all but shut down since Britain entered a lockdown to try to stem the spread of disease.
EU to announce green strings for post-pandemic funding
The European Union is due to announce economic recovery plans which could be up to one trillion euros and wants to pull Europe out of the crisis with green measures.
3 flights land at Dabolim with 95 passengers on Day 1
NT NETWORK Vasco Domestic flights resumed after two months at the Dabolim airport on Monday. However, due to lack of response from the passengers, the air
Covid-19: Rail Bhavan to shut down for second time in fortnight after another coronavirus case
A fourth-grade multitasking staffer who attended office till last Tuesday is the fifth COVID-19 case detected in the building in less than two weeks.
Turbulent take-off for airlines amid last-minute changes in schedules
Only 532 of the scheduled 1,095 flights take off as airlines revise schedules to align operations with curbs put in place by states, leaving travellers fuming.Many passengers had to return from airports as airlines did not inform on cancellations until just a few hours before boarding
Delhi gas operators seek tax relief, loan restructuring to deal with lockdown impact
Pummeled by evaporating demand and fall in business due to the lockdown, city gas operators such as Adani Gas, GAIL and Torrent Gas have sought tax relief and loan restructuring to tide over
Wike releases N450m to victims of 2019 'bloody' poll
Rivers State Governor, Nyesom Wike, has released N450m to victims of the 2019 bloody general elections in Ijaw communities in Abonema...
Europeans Save Less, Spend More As Economy Lags
European consumers are saving more to safeguard against the pandemic economy, which analysts say will hinder economic recovery.
With distancing, sanitising & warnings for passengers, Pune airport opens with caution
The first day after the two-month hiatus saw 17 flight movements at the Pune airport till 8 pm. According to Airports Authority of India officials, 1,657 passengers arrived or departed from the airport by 8 pm.
CRA extends some trust and corporate filing deadlines
The Canada Revenue Agency is extending some of the filing deadlines for corporations and trusts in a move to help businesses and tax preparers dealing with the COVID-19 pandemic.
PCCI supports cut in corporate taxes
The Philippine Chamber of Commerce and Industry said it strongly supports the immediate passage of the Corporate Recovery and Tax Incentives for Enterprises Act which was formerly known as the Corporate Income Tax and Incentives Reform Act.
Makhanda residents without water again as treatment works fail
Makhanda has suffered a second big water outage in a month as the town’s waterworks failed. Some areas have been without water for five days now. This comes after countless efforts and millions of rands have been spent to fix the waterworks.
After chaotic Day 1, only 41 flights planned today at Chennai airport
More cancellations expected, say officials
Coronavirus: West African farmers count losses, fear for worse - Report
The farmers say the response to the pandemic has affected everybody because all activities have slowed down
COVID-19: Dubai Tourism, stakeholders discuss strategies for industry revival
Emirates commenced passenger flights between Dubai and nine destinations from May 21
Punjab to provide free ration to 14 lakh migrants under Atmanirbhar scheme
While 17.7 lakh migrants had registered on the government portal to go back home and three lakh have left via trains and over a lakh via buses and many others on foot or private vehicles, the remaining around 14 lakh will get 2 months of free ration under the scheme.
Surrey Council approves liquor license to barbershop
Despite safety concerns, Surrey City Council has approved a barbershop's request to serve liquor.
Japan lifts emergency in Tokyo
Stimulus plan to be funded by 2nd extra budget, Abe support at record low
Gold Price Analysis: XAU/USD meets a plateau as global CODVID curve peaks
The price of XAU/USD is at $1,727.88, -0.45 and has sunk from a high of $1,735.67 falling to $1,721.61 on the day. Gold is a complicated mix of deflat
With suitcase and bikini emojis, Spain urges tourists back from July
MADRID/BARCELONA (Reuters) - Spain revised down its coronavirus death toll on Monday and urged foreign holidaymakers to return from July as it eases one of Europe’s strictest lockdowns, though tourism businesses were sceptical about salvaging the summer season.
Second man with COVID-19 dies in US immigration custody
A Guatemalan man held in United States immigration detention died after contracting the novel coronavirus, the US Immigration and Customs Enforcement (ICE) confirmed on Monday. He is the second known migrant to die of COVID-19 while in immigration custody.
Outdoor markets and car dealerships will reopen from next Monday
The prime minister announced that from from June 15 non-essential shops will also be allowed to reopen.
William Small, 'hero to journalism' at CBS, NBC, dies at 93
During a six-decade career, Small supervised, guided and in some cases hired generations of some of the best-known reporters and anchors in television news.
Iranian IRGC General Announces the End of 'Era of US Presence' in Persian Gulf
The announcement comes as the US ignored Iranian protests against holding live-ammunition drills in the Persian Gulf under the pretext of boosting the security of the...
Shoppers line up in downtown Montreal as retailers reopen to public
MONTREAL - Eager shoppers lined up outside some stores in downtown Montreal on Monday as retailers in the city were allowed to reopen for the first time sin
Washington prepares for a summer without interns
Grayson Ross, a recent graduate of the University of Texas at Austin, planned to spend his last semester of college as hundreds of other aspiring policy aides do: walking through the halls of the
Cancellations add to flyers’ woes at Chennai airport
Chennai airport handled only 19 departures and 17 arrivals on Monday
Capturing The Trend In Cryptocurrencies
Bitcoin's price volatility reaches 6-year high. The upward momentum of cryptocurrencies can create enormous returns on investment, but the downside risk is subs
WWII Veteran Walking 100 Miles to Celebrate 100th Birthday
A World War II veteran about to turn 100 years old will walk 100 miles to raise money for those suffering financially from the coronavirus.
Petrol pumps closed in different areas of Karachi over lack of supply
The pumps have been closed down due to depletion of petrol stocks
121 electric co-ops comply with order to help consumers
The Philippine Rural Electric Cooperatives Association Inc. said Monday the 121 electric cooperatives in the country complied with all the directives of regulators to protect the interests of consumers during the enhanced community quarantine period.
Outdoor markets and car showrooms can open next week in England
Boris Johnson announces other non-essential retail premises can reopen in three weeks
Arista Networks: Free Cash Flow To Drive The Stock Back To $300
Arista Networks displays a stellar balance sheet and juicy net profit margins. Discounted cash flow model points towards a return to $300/share, with prudent gr
Amphan damages nearly 3 lakh hectares of farmland in Bengal
Cyclone Ampan has dealt a severe blow to the agriculture sector in West Bengal. The storm damaged nearly 3 lakh hectares of farmland in the state. Bengal is now staring at a huge financial loss in
TMX boon for local hotels?
With Trans Mountain Pipeline workers scheduled to arrive in Kamloops next month, accommodation is being sought.
Understanding VC cycles for post-pandemic success
VC investing is currently in a 'triage' stage. Here's a look at how that will change as we gradually emerge from the pandemic.
Domestic flights take off amid chaos, confusion
New Delhi: Passengers were seen harried across airports, including the national capital's Indira Gandhi International Airport (IGIA), on Monday as many domestic flights were cancelled due to the limit...
Federal government launches hotline to offer businesses advice amid COVID-19 pandemic
The federal government has partnered with the Canadian Chamber of Commerce to launch a hotline to provide free advice to businesses.
Analysis: Will Europe unite around the EU's coronavirus recovery plan?
Euronews' political editor Darren McCaffrey looks at the splits over the EU's coronavirus recovery plan.
Prices Of N-95 Masks Fall 47% After Pharma Pricing Body's Advisory: Government
Leading manufacturers and importers of N-95 masks have reduced prices by up to 47 per after regulator NPPA stepped in to ensure the availability of this respiratory protection device at affordable rates in the country, the government said on Monday.
UCD academics call for virus safety incentives for businesses
Study shows businesses that invest in workplace safety 20% more likely to ‘go under’
Karachi Plane crash: Airbus A320's flight data recorder recovered from crash site
The critical piece of equipment would prove useful in determining the cause of the accident
SA's corruption fighters may be crippled as justice sector faces cash crunch over Covid-19
The fight against corruption may falter while the country deals with the Covid-19 pandemic, as a budget cut of R1.7 billion is being "bandied about" for the already perennially cash-strapped justice sector.
SA Express liquidators seek more powers for asset sales to free up cash
Liquidators might launch a court application for the extension of their powers so they can sell SA Express assets, cancel aircraft leases and solicit or assess bids for the airline by potential buyers. The powers would enable them to free up cash to pay the airline’s creditors, who are owed more than R2.5bn.
India announces 10 additional repatriation flights from Qatar
Doha: India has announced 10 additional flights as part on the ongoing repatriation mission from Qatar. Air India and Air India Express will operate the additional flights.
Kwara: No regret for backing AbdulRazaq — APC
Ilorin- The Kwara State All Progressive Congress (APC) in Lagos State has commended Governor AbdulRahman AbdulRazaq for helping
2 New Airport Projects Come on Stream in Iran
Two new airport development projects were inaugurated on Monday by President Hassan Rouhani, Minister of Roads and Urban Development Mohammad Eslami, Managing Director of Iran Airports Company
Redundancies pitting workers against each other
New Zealand and immigrant workers are being pitted against each other as South Island businesses wield the axe over thousands of jobs. Unions say...
Violation of multiple SoPs led to fatal PIA plane crash
Pilot was way beyond safe landing speed and altitude as close as 4 nautical miles
Hong Kong And Chinese Markets Face Economic, Political, Technical Headwinds
Stocks Analysis by Candy Matheson covering: Hang Seng, Shanghai Composite. Read Candy Matheson's latest article on Investing.com
Work begins, but salons struggle to make the cut
According to him, even the number of customers has come down drastically due to lack of space inside the salon to maintain physical distance. Most of the salons have two to four work stations. As of now, salons can accept only two customers at a time.
Today in 2006: We should concentrate on economy - Kufuor
Fourteen years ago, former president, John Agyekum Kufuor, stated that the country’s priority should be centered on development of the economy, after fifty years of nation building.
Heatwave intensifies in India, Churu hottest at 47.5 deg C
Heatwave intensifies in India, Churu hottest at 47.5 deg C. The India Meteorological Department, which had issued a red colour-coded alert for north India for May 25-26 when the prevailing heatwave conditions are expected to peak, said dust and thunderstorms are likely to bring some relief on May 29-30.
Bank of Canada head: inflation could return to target more slowly
Bank of Canada head: inflation could return to target more slowly
RCMP facing ‘systemic sustainability challenges’ due to provincial policing role
Provinces, territories and municipalities pay anywhere from 70 to 90 per cent of the cost of the RCMP’s services
Is It The Right Time To Buy Raytheon Technologies After A 55% Fall In 2020?
Raytheon Technologies, best known for its missiles and other aerospace and defense products, has seen its stock fall more than 50% year-to-date, as the coronavirus pandemic is expected to have a significant impact on its aerospace business. Raytheon’s stock also remains down by about 45% from...
Official Footage Shows US Navy Ship Use a Laser Weapon to Destroy a Flying Drone
A US Navy ship downed a flying drone with a "solid state laser" in the Pacific Ocean, the service branch announced on Friday.
Is tuver dal coated with castor oil adulterated?
Does applying castor oil on tuver and other pulses and grains make it adulterated?
Brazil still plans to privatize 43 airports through 2022: minister
Brazil still plans to privatize 43 airports through 2022: minister
Hyderabad firm launches advanced version of e-procurement tool
Hyderabad-based Acads360 India has unveiled the advanced version of its e-procurement tool, PRM360 -the Covid-19 management solution, to address the procurement challenges confronted by manufacturing sector.
630 cancellations as domestic flights resume in India
630 cancellations as domestic flights resume in India. According to aviation industry sources, around 630 domestic flights of Monday were cancelled due to the Centre's Sunday night announcement that there would be no flights in West Bengal and Andhra Pradesh, and limited operations at major airports such as Mumbai, Chennai and Hyderabad.
South African bankers work from home
“We have established that we can work very effectively from outside of the building.”
Domestic flying resumes at RGIA
Two months after suspension of air operations due to the Covid-19 lockdown, domestic flight operations resumed at RGIA on Monday.
Shops to remain open till 6 pm from Wed
SHILLONG: The East Khasi Hills Deputy Commissioner has informed that the listed retail shops, ration shops and others will remain open in Shillong urban agglomeration from May 27 to 30 from 9 am to 6 pm.The number of selected shops has been substant
First domestic flight after resumption of services lands in Hyderabad
An Air Asia flight from Bengaluru was the first to land at the Rajiv Gandhi International Airport (RGIA) here on Monday morning
The Best Memorial Day Sales Happening Now
Here's where to find all the best Memorial Day deals, from custom suits to patio furniture sets and beyond.
Toyota, Nissan and Honda gear up for Mexico reboot after COVID-19 lockdowns
Toyota, Nissan and Honda gear up for Mexico reboot after COVID-19 lockdowns
Offer namaz from home this Eid, Muslims told
There will be no Eid-ul-Fitr prayers in the city on Monday in view of the restrictions on mass congregations due to coronavirus pandemic.
Canada's banks to cement status as solid investments in a crisis
Canada's banks to cement status as solid investments in a crisis
Planning, Creativity Keep National World War I Museum And Memorial Staff Employed Through Closure
Cultural workers have been devastated by coronavirus closures. With their workplaces nationwide shuttered to the public, they have been laid off and furloughed by the thousands.
L&T Rating: Buy — A modest showing in the final quarter
FY21/22e EPS down 15% to factor in Covid-19; TP cut to Rs 1,394; ‘Buy’ maintained
Will fight for Telangana’s rightful funds, projects: MP Nama Nageswar
TRS Floor leader in LS, Nageswar Rao said he, in coordination with the party MPs, had made all the efforts to protect the interests of Telangana.
Passenger air services to NE resume
GUWAHATI: Commercial passenger air services to the Northeast resumed along with rest of the country on Monday, with LGBI Airport here being gateway to the region, handling eight flights (arrivals and departures), official reports stated.However
MP Housing Board restarts ongoing construction works in Indore district
MP Housing Board has again started the ongoing construction works in Indore district worth Rs 200 crore. The major Housing board projects which are under construction are Rainbow towers at Snehlataganj which are 15 storey commercial and residential towers which has hundreds of shops and 3 and 4
Responding to the Covid economy Part 1: Understanding supply and demand shocks — Ong Kian Ming
MAY 25 — It has been more than 2 months since the 18th of March 2020, which was the start of the movement control order (MCO) in Malaysia. The full extent of the negative economic impact domestically will not be known for a few months. But as we approach the 9th of June, 2020, and hopefully, the...
Coronavirus has exposed Africa’s economic paradigm – Mahama
John Dramani Mahama says the novel Coronavirus pandemic has exposed the weaknesses in the economic paradigm of African countries.
New push to allow South Africans to access their retirement funds during coronavirus lockdown
Trade federation Cosatu has submitted an urgent request to Finance minister Tito Mboweni, to allow workers to access part of their retirement fund savings for coronavirus financial relief.
Nucleus Software Exports Q4 net profit jumps over 64% to Rs 28.14 crore
The company said its product business revenue for the March 2020 quarter was at Rs 111.9 crore as compared to Rs 100.4 crore in the year-ago period.
Startup Livspace lays off 450 employees on adverse business impact from COVID-19
Founded in 2015 by Ramakant Sharma and Anuj Srivastava, Livspace provides a three-sided marketplace and a design automation platform that connects homeowners, certified designers and vendors.
Chandigarh aims to plant 2.55L saplings in 2020-21
The 2019-20 Greening Chandigarh Action Plan had a target of plantation of 2.53 lakh trees. The forest department managed to achieve the surplus task by planting and distributing 2.80 lakh plants.
The removal of LVR restrictions on new mortgage lending probably won't be much help to first home buyers in high priced areas like Auckland, Bay of Plenty, Wellington and Nelson
The removal of LVR restrictions on new mortgage lending probably won't be much help to first home buyers in high priced areas like Auckland, Bay of Plenty, Wellington and Nelson
Swarms of locusts enter Jaipur residential areas
Swarms of locusts enter Jaipur residential areas. The swarms are travelling farther and damaging trees as there are no standing crops for them to feed on, an official said.
Zimbabwe fuel crisis set to worsen
DESPERATE motorists are set to endure more anguish at fuel pumps, after authorities admitted at the weekend that they were struggling to get foreign currency to import petrol and diesel.
Dr Reddy’s Rating: Neutral — A strong performance in the quarter
FY21/22e EPS up 2/5%; TP raised to Rs 3,775 from Rs 3,490; ‘Neutral’ retained as valuations capture positives
China condemns US blacklisting dozens of its firms
China condemned the U.S. adding 33 Chinese entities to a trade blacklist, a move that risks potential retaliation from Beijing as tensions between the world’s two-biggest economies deteriorate further.
BSE, NSE shut today on account of Ramzan Id
On May 22, the Sensex ended 260.31 points lower or 0.84 percent at 30,672.59, while Nifty fell 67 points or 0.74 percent at 9,039.25.
Tiger Brands looking at 'significant' job losses as it counts cost of pandemic
Tiger Brands employs more than 11,200 people in South Africa, excluding seasonal staff, a company spokesperson said.
Crashed PIA plane's pilot ignored 3 warnings to lower altitude
The pilot of the Pakistan International Airlines (PIA)'s crashed plane ignored three warnings from the air traffic controllers about the aircraft's altitude and speed before the landing, saying he was satisfied and would handle the situation, according to a report on Monday. The national flag
Nordic investors turn up heat on coal in climate campaign
Nordic investors turn up heat on coal in climate campaign
Pak diplomat’s kin, who crossed over from Attari, exempted from quarantine at Amritsar
“Wife and two kids of Pakistan diplomat crossed into India on May 23. They will not be kept in quarantine at Amritsar. Instead, they will go to Delhi to remain in home quarantine,” said a health official.
40% travel, tourism firm staring at complete shutdown risk in next 3-6 months: Report
The report said that 81 percent travel and tourism companies have lost their revenue up to 100 percent while 15 percent of the companies have witnessed it slide up to 75 percent.
US unemployment rate could rise to above 25% - Goldman Sachs
Analysts at Goldman Sachs now estimate the US unemployment rate could rise to above 25%. The jobless rate was previously forecasted to peak at 25%. Th
Western Areas storms Panoramic Resources recap
ASX-listed Western Areas has sent a reminder that it's not just private equity tyre-kickers that can use recapitalisations to nab strategic positions.
Washington man allegedly falsely sought $1.5M in coronavirus biz relief funds
A Washington state software engineer is charged with fraudulently seeking over $1.5 million in coronavirus relief funds intended for small business loans, prosecutors announced Friday. Issaquah
Ghana treating frontline health workers better than US – Report
Health workers at the Frontline of the coronavirus fight in Ghana are being treated better than their counterpart in the US, The Washington Post, has revealed, with calls on the US government to emulate the intervention of the Ghanaian Government for health workers.
Govt directs liquor shops to ensure sale of alcohol through proper scanning
After excise department observed liquor being sold at vends was not being properly scanned, the Delhi Government directed State-run liquor shops in the national Capital to ensure 100 per cent sale of alcohol through proper scanning. The excise department issued the directive after observing that
Global shares rise on hopes for economies’ gradual reopening
TOKYO (AP) — Global shares rose Monday, with Europe tracking gains in Asia despite news that the German economy fell into recession in the first quarter of the year amid the coronavirus pandemic.
Tyson Foods worker, 44, dies after long battle with COVID-19
An employee at the Tyson Foods plant in Waterloo, Iowa, died Monday after battling the coronavirus during a six-week hospitalization that was chronicled and widely followed online.
Top 5 Things to Know in the Market on Monday, May 25th
Top 5 Things to Know in the Market on Monday, May 25th
Two months of lockdown: Sensex gains 15%, 45 BSE500 stocks rally over 50%
Among largecaps (BSE Sensex), M&M, Reliance Industries, Bharti Airtel, Sun Pharma, Hero MotoCorp and Bajaj Auto gained 32-58 percent, whereas only four stocks were in the red.
Obuasi East DCE presents 11,500 oil palm seedlings to farmers
Farmers in the Obuasi East District have praised the District Chief Executive Honorable Faustina Amissah for the successful implementation of the NPP Government's Flagship Program Planting for Export and Rural Development (PERD).
Just Dial Q4 net profit rises 21.6% to Rs 76.1 crore
The company had posted a net profit of Rs 62.5 crore in the same period a year ago, Just Dial said in a regulatory filing.
Who Wins In Recessions? The Rich And The Lucky
While virtually everyone else has been struggling through the COVID-19 recession, billionaires added more than $400 billion to their wealth.
No end to struggle of migrant workers even after reaching home
No end to struggle of migrant workers even after reaching home. The corona-fuelled lockdown having shattered their dreams, they are now walking, cycling and hitchhiking hundreds of miles under an unforgiving sun blazing down at over 40 degrees to reach their homes in an impoverished Bihar, where an uncertain future awaits them.
H&J Smith looking to close stores
H&J Smith Group says it is considering closing stores in the South, affecting 175 staff, as it tries to secure its long-term future.
Coronavirus pandemic | Lockdown extended in Himachal Pradesh's Hamirpur, Solan districts till June 30
Hamirpur has reported the highest number of COVID-19 cases at 63 while 21 people have tested positive for the infection in Solan till now
Italy Travel: This Is Why It Should Soon Be Possible For All Tourists
Italy is welcoming tourists back from June 3–but only Europeans not international visitors. Italian travel experts believe others can pack their bags soon for an Italian holiday–possibly from June 15 if EU borders reopen. Overseas arrivals will depend on COVID-19 levels in Italy and other countries.
Drone Deliveries In Canberra Surge 500%
Wing, a drone delivery company that is owned by Alphabet, has been trialling its services in Canberra, and since February, the firm has recorded a 500% increase in its delivery volumes.
Punjab: Without salary since January, PU contractual staff left in the lurch
The employees, who include plumbers, maintenance workers, and helpers employed to work in hostels and administrative offices of the university, have been shuttling between contractors and university officials, but to no avail.
Lockdown | Migrant workers leave for home with joy and relief
There were some anxious moments before they could set foot into the special Shramik service from Madurai to distant Bihar
HESTA begins search for 2020’s best early childhood educators – nominate now
Nominations are now open for the 2020 HESTA Early Childhood Education & Care Awards, with a $30,000 prize pool up for grabs in recognition of early childhood educators and carers who have demonstrated excellence in improving learning outcomes for children.
South African taxpayers to pay for ban on cigarettes and alcohol: expert
The South Africa Revenue Services (SARS) has predicted that it will lose around 15% to 20% of its tax revenue this year as a result of the nationwide Coivid-19 lockdown.
Newmont Stock Has Doubled. Is It Still A Buy?
Despite the bear market brought on by the coronavirus, close to 4% of all U. S. stocks with a current market value of $500 million or more have doubled in the past year, including the largest U.S.-based gold mining stock. Too late to buy?
ARA: ‘Retailers Need More Flexible Trading Hours’
The Australian Retailers Association (ARA) is calling for greater flexibility when it comes to trading hours and penalty rates, in order to support the retail sector as it begins to recover from the COVID-19 lockdowns.
Jamaica Leads The Way In Profiling Post-Pandemic Travel And Travelers
Jamaica, and all of its famous resorts, leads the way in establishing COVID-19 protocols for 2020 travel.
No Eid sweets exchanged by BSF with Pakistan
No Eid sweets exchanged by BSF with Pakistan. The event was given a miss as the relations between the two countries are strained at present.
Uddhav Thackeray vs Piyush Goyal: War of words erupts between Maharashtra CM, Railways minister over Shramik trains
In his address to the state on May 24, Maharashtra Chief Minister Uddhav Thackeray said that while he had demanded 80 special trains per day for the state to ferry migrants home, it was getting only 40.
EU’s top diplomat urges ‘more robust strategy’ toward China
European Union's top diplomat has called for the bloc to have a “more robust strategy” toward China amid signs that Asia is replacing the United States as the center of global power.
Business leaders urge caution on return-to-workplace approach
SOME business leaders are urging companies to examine their individual situation, and hav...
SC to hear Centre, Air India's plea against Bombay HC plea seeking response on safety norms
The Supreme Court is scheduled to hear on Monday an urgent plea by the Centre and Air India against the Bombay High Court seeking their responses in a plea for not maintaining adequate safety measure
Global shares rise on hopes for economies' gradual reopening
Global shares rose Monday, with Europe tracking gains in Asia despite news that the German economy fell into recession in the first quarter of the year amid the coronavirus pandemic.
Officials wrong to order deportation of Jamaican-born man, says US court
CONNECTICUT, United States (AP) — A federal appeals court has reversed a decision b...
OMCs’ profits seen diving 88% to Rs 3,600 crore in FY20
Analysts expect these firms’ profits to remain lower than FY19 levels, in both FY21 and FY22, due to muted marketing margins and stagnant volumes.
Govt's wheat procurement surpasses last year's level of 34.1 million tonnes despite COVID-19 hurdles
Wheat procurement target has been set at 40.7MT for the 2020-21 marketing year. Although the wheat marketing year runs from April-March, the bulk of procurement is normally done in the first three months.
Ambegaon tribals cry Constitutional violations, point to local eco damage
Complaint to higher authorities claims revenue officials permitted huge excavation in scheduled areas during lockdown
Tax Attorneys Fight Covid-19 Stay-Home Order In Idaho
Donald “Mac” MacPherson is the most colorful tax attorney I have ever covered.
Walmart's Mexico unit pays scaled-down tax of $358 million after government talks
Walmart's Mexico unit pays scaled-down tax of $358 million after government talks
Stock Market Boost: Unemployment Outlook Shifts To Positive
The unemployment trend, no longer rising, now looks ready to decline
Science pioneer who grew up in New Brighton dies
Wes Sandle earned international respect in the atomic physics and laser community.
Japan Economy Minister Nishimura: State of emergency no longer needed in any region of country
As noted, Japan is seeking to end its state of emergency this week and in recent headlines, Japan Economy Minister Nishimura is on the verge of making
Cape Town based online retailer gets R100 million investment
Cape Town based e-commerce fashion retailer RunwaySale says it has received an investment of R100 million from international private equity firm, SPEAR Capital.
Pandemic Receding, Investors Review The Fallout
But if we are dealing with this come July, markets are going to reassess big time.
China Will Use Its Digital Currency To Compete With The USD
Digitization of currency is inevitable — it is whether or not it is cryptocurrency that prevails that will determine whether that will be at the hands of nation-states battling with one another, or a set of independent peers cooperating with one another.
Germany stamps authority on Lufthansa with $9.8 billion lifeline
Germany stamps authority on Lufthansa with $9.8 billion lifeline
History Repeats As Brazil Delivers Another Iron Ore Boom
Brazil’s worsening Covid-19 crisis is making waves in the commodities world with reduced iron ore shipments from the South American country lifting the price of the steel-making material by 30% to almost $100 a ton.
Starting small may lead students to bigger things
Learning how to build tiny houses could set up Dunedin trainee builders for bigger things. The Dunedin Training Centre will offer a new Level 3...
How To Sustain And Strengthen Company Culture Through The Coronavirus Pandemic
Shape, cement and leverage company culture through difficult times.
Here’s How Much Money Private Investigators Make In Every State
Find out where private investigators earn the most money in the United States, and where they earn the least.
The big growth leap: Covid gives India the opportunity to get growth without massive investment
Covid gives India the opportunity to remove a 70-year incubus and get growth without having to invest massively.
Coronavirus Losses: Arizona Nonprofits Assess ‘Tip Of The Iceberg’
Coronavirus-related shutdowns have cost Arizona’s nonprofits more than $800,000 worth of volunteer hours, and counting, according to a survey by the Alliance of Arizona Nonprofits.
Rand steadies, stocks open lower
At 0710 GMT, the rand traded at 17.6050 per dollar, compared with its close of 17.5970 on Friday.
Deal struck to dismantle blockades at Manitoba Hydro site, Indigenous group says
Blockades were set up over fears workers could introduce COVID-19
Rand slips on US-China tensions
South Africa’s economy was in bad shape before the COVID-19 pandemic struck, with repeated bailouts for ailing state firms like power utility Eskom and South African Airways a drain on public finances.
Here are the key challenges and scary facts confronting young people
Without a doubt, there will be more over-qualified job seekers and graduates going after fewer available job vacancies due mainly to automation and ageing population. As a result, more young people especially will increasingly be forced into spending more time in higher education.
Grocery prices start to soar
Experts have attributed this trend to the disruption in production and distribution during the lockdown. They also suggest that prices may continue to fluctuate in coming weeks, with no clarity on how the lockdown will be monitored in the days to come.
Bengaluru Airport resumes operations with ‘contactless’ experience
A contactless ‘parking-to-boarding’ experience has been introduced at Kempegowda International Airport Bengaluru…
Dollar holds advantage as Hong Kong tensions test risk-wary investors
Dollar holds advantage as Hong Kong tensions test risk-wary investors
COA FS adhering to FDA directives; not engaging in any needless media war
COA FS Herbal Center, the producer of COA FS food supplement, has dissociated itself from some media reports suggesting that the product has been approved as cure for Covid-19.
Weather in Latvia expected spring-like with a possibility of thunderstorms
Weather in the coming days in Latvia will be generally moderate – slow wind with some rain every now and then, including thunderstorms. Nevertheless, the sun will shine more often, as reported by Latvian Environment, Geology and Meteorology Centre.
IAF to operationalise second Tejas squadron in Tamil Nadu on Wed
IAF to operationalise second Tejas squadron in Tamil Nadu on Wed. The Tejas is a fourth generation combat aircraft developed by Aeronautical Development Agency and the Hindustan Aeronautics Ltd. It is equipped with fly-by-wire flight control system, integrated digital avionics and multimode radar.
What Do The Latest PMI Surveys Suggest About The State Of The Economy?
Is the economy contracting at a slower pace than in April? Is more coronavirus relief on the way for Europe? The latest on equity market performance.
Green shoots for drought-hit agricultural stocks
With many agricultural firms at multi-year highs it is easy to see why attention is on the sector. But investors must pragmatic about the cyclical challenges.
7 flights to take off from Ranchi today after 2 months
At least seven flights will ferry passengers from Birsa Munda Airport in Ranchi to New Delhi, Bangalore and Hyderabad on Monday after a lull of two months, officials from the Ranchi Airport said on Sunday. However, the schedule was likely to undergo changes as some states are not in favour of
Stuff CEO buys company for $1
Stuff chief executive Sinead Boucher has purchased Stuff from its Australian owners Nine Entertainment for $1.
Sam George takes a swipe at Mensa Otabil
Head pastor of the International Central Gospel Church (ICGC), Dr. Mensa Otabil has been asked to stop watching the national geography channel and rather concentrate on national issues.
Tanzania finally allows export of mineral concentrates
The government has issued an export permit for all the 277 containers full of gold and copper concentrates which had been held in Dar es Salaam since 2017.
Being on the street exposes you to social vices – Street Boy shares harrowing story
Young Collins Amankwah, who happens to be a street boy in the busy city of Accra as a result of broken home and its bizarre consequences, narrated his rather sad and risky experiences on the streets.
Buy Colgate ; target of Rs 1520: Motilal Oswal
Motilal Oswal is bullish on Colgate has recommended buy rating on the stock with a target price of Rs 1520 in its research report dated May 22, 2020.
Resumption of flights: It's chaos for passengers
Most of the complaints are from Air India passengers
Global shares rise on hopes for economies’ gradual reopening
TOKYO (AP) — Global shares rose Monday, with Europe tracking gains in Asia despite news that the German economy fell into recession in the first quarter of the year amid...
CSMIA operates 47 flights to 14 destinations on May 26
These 47 flights were undertaken by seven domestic carriers, Mumbai International Airport Ltd ( MIAL) said in a statement.
Avoid low-interest COVID-19 personal loans, unless strapped for cash
This is the time to utilize your emergency fund. If you don’t have one, partially use investments meant for your long-term goals
Australia gives companies a six-month break from earnings forecasts
Australia gives companies a six-month break from earnings forecasts
TAB makes more than 200 staff redundant
The TAB is informing staff of job losses today after a proposal to cut hundreds of roles due to the Covid-19 downturn.
Japan set to lift coronavirus emergency as cases slow down
The country has been spared the worst of the pandemic.
Business owners urged to adjust to survive
MANDEVILLE, Manchester — President of the Manchester Chamber of Commerce Kenisha Dw...
RIL Rights Entitlement: An opportunity for retail shareholders and arbitragers
The overall risk profile to the trade is similar as was before which is exposure to Reliance Industries equity and its price movements.
Salons in PCMC to reopen with rigid mandates in place
Few of the measures are too extreme, say barbers’ associations
Earnings Estimates Decline Further, Pushing Stock Market Valuations Even Higher
Stocks Analysis by Michael Kramer covering: S&P 500, Dow Jones Industrial Average, SPDR S&P 500, Apple Inc. Read Michael Kramer's latest article on Investing.com
Barrick pays Tanzania initial $100 million after gold shipments resume
The government had imposed a ban during a tax dispute.
Transfer Rs 1,000 to each Indian per month: Abhijit Banerjee and Esther Duflo suggest Centre
Esther Duflo said India was already in a position to start universal basic income quickly as it had the Jan Dhan accounts-Aadhaar-mobile system in place.
Alabama unemployment system glitches cause claims issue
Some Alabama residents spent the holiday weekend struggling to claim their weekly unemployment benefits.
Gold Price Analysis: XAU/USD mildly heavy below $1,750, looks to US-China tension for clues
Gold prices drop to $1,731, print 0.20% loss, intraday low of $1,730.37, by the press time of Tokyo open on Monday.
Domestic flights take off amid chaos, confusion
Passengers were seen harried across airports, including the national capital's IGIA, on Monday as many domestic flights were cancelled.
Safaricom retains top position as East Africa's most valuable firm
Kenya’s listed telco Safaricom topped the region as the largest company by market capitalisation and net earnings yet again this year, even as the Covid-19 pandemic hit listed firms, wiping out
Estonia sees 20%-drop in foreign tourists in Q1
As the effects of COVID-19 spread and related restrictions become visible in quarterly statistics, in the Estonian tourism industry a drop over 20% of foreign visitors in the first quarter of 2020 has been recorded in statistics from the Bank of Estonia as quoted by ERR.
HomeCapital gets fresh funding from Varanium NexGen, others
Startup helps homebuyers with a down payment assistance programme
Bharti Telecom to sell $1 bn stake in Airtel
Bharti Telecom is selling upto $1 billion of its shares in Bharti Airtel through a secondary market block deal on Tuesday.
Stuff bought by its CEO, MediaWorks announces mass layoffs in historic day for NZ media
Duncan Greive assesses an extraordinary morning for New Zealand’s media. In the space of a tumultuous half hour New Zealand’s media landscape has been utterly transformed, with Stuff CEO Sinead Boucher completing an audacious management buyout from its Australian owners Nine, while hundreds of st
Covid-19 gulps EABL profits down by all of $28.7m
The brewer issued a profit warning following Covid-19 regulations to close bars.
Palm Done Right pushes #SayItOnTheWrapper campaign: ‘Stop hiding palm oil use behind unclear ingredient names’
The sustainable palm oil advocate’s latest campaign aims to encourage manufacturers and retailers to be open about their palm oil use. Unless more shoppers are aware of sustainable palm oil, brands will be hesitant to highlight sustainable palm oil logos, Palm Done Right spokesperson Monique van Wijnbergen tells FoodNavigator.
Southern Company: Still A Stock To Own?
In March 2008, Southern Company announced construction of new nuclear reactors. A dozen years later, Southern’s pair of 1.1 gigawatt capacity reactors are still under construction. And the company’s projected startup date has slid from 2016 to 2022.
Productivity over meetings: Survey reveals what developers want to be more productive at work
During the survey, when developers were asked what they would need to achieve 100 percent productivity at work, 70 percent of developers opted for fewer meetings.
Safaricom retains top position as the most valuable firm in the region
It has a market capitalisation of $9.96b, a net income of $598m and $10b worth of market value.
Allow higher workforce for factories in green, amber zones to meet rising demand: Parle Products
Restrictions on number of workers in factories located in green and amber zones, specially for food products companies, need to be relaxed as meeting demand will become difficult and can lead to scarcity, according to a senior official of biscuits major Parle Products.
Mexico can benefit from Chinese economic slowdown, Lopez Obrador says
Mexico can benefit from Chinese economic slowdown, Lopez Obrador says
Job searches for remote work jump 377% during February-May
In wake of the coronavirus crisis, job searches for remote work in India have soared over 377 per cent during February to May, reveals a recent report by job portal Indeed. Job seekers are ready to take a salary cut in order to have access to remote worki
Chandigarh: 13 domestic flights to take off from Chandigarh from today
The Chandigarh Airport will resume operations with total 13 domestic flights from Monday onwards in a phased manner. Flights to Srinagar, Delhi, Mumbai, Leh, Bangalore, Dharamshala, Ahmedabad, will be starting operations.
Toyota Kirloskar Motor to resume manufacturing operations from May 26
The company officials are closely monitoring and evaluating the situation to gradually ramp up operations, the company added.
Zimbabwe govt makes policy shift on cannabis farming
The government of Zimbabwe has announced a change in the policy that governs the investment and production of medicinal cannabis in the country.
British Airways converts B777-200 for passenger-cargo use
The carrier is the latest in a series of airlines to operate passenger-cargo (or ‘preighter’) services in the absence of passenger demand…
Disney+ Gains 2 Million Oz Viewers In First Four Months
According to the latest data from Roy Morgan, Disney+ had attracted 2 million viewers in Australia by end-March, only four months after the streaming service entered the local market.
3rd batch of US locomotive to arrive Alexandria in June
The third batch of 20 U.S. locomotive will arrive at Alexandria Port after Eid al-Fitr vacation, at the beginning of June.
SA wine industry still reeling from effects of exports ban
Wine exports were prohibited for five weeks during the strict national lockdown under level 5.
Prices of N-95 masks down by up to 47% after NPPA advisory
N-95 masks were earlier being sold in the market for Rs 150 to 300 per unit and after the advisory by the the National Pharmaceutical Pricing Authority (NPPA), prices have been cut.
Challengers beat incumbents on account opening experience
Many of the UK's leading high street banks have fallen behind their upstart digital rivals when it comes to making it easy and fast to open an account, suggests a review of 12 players' user experience.
Japan set to lift coronavirus emergency as cases slow
Compared to hard-hit areas in Europe, the United States, Russia and Brazil, Japan has been spared the worst of the pandemic, with 16,581 cases in total and 830 deaths.
Air Baltic reports over 13,000 new bookings as flights resume
Relaunched routes include Riga to Amsterdam, Berlin and Munich, and Tallinn to Paris…
Old-fashioned milkman makes the rounds as US shoppers stay home
South Mountain Creamery says it saw an almost tenfold increase in new home delivery customers over a single weekend in late March when stay-at-home measures due to the COVID-19 pandemic started in the region.
Guest workers come back to homes reduced to ashes
With slum in Kacharakahalli gutted, workers are sleeping on the road; students have no way to study as their books are burnt too Around 200 guest workers from Kalaburagi had gone to their hometown for.
Ministry discloses updated Egyptian petrochemicals plan 2020-2035
The Ministry of Petroleum disclosed on Monday the updated version of the National Plan for Petrochemical Industries taking place between 2020 and 2035.
Eastern, Western Naval Commands benefit from Zoomlion disinfection exercise
The Western Naval Command (Sekondi) of the Ghana Navy on Monday (May 25, 2020) benefited from Zoomlion Ghana Limited’s voluntary disinfection exercise.
Global shares rise on hopes for economies’ gradual reopening
TOKYO (AP) — Global shares rose Monday, with Europe tracking gains in Asia despite news that the German economy fell into recession in the first quarter of the year amid the coronavirus pandemic.
EU eyes first face-to-face summit in months to haggle over budget
EU eyes first face-to-face summit in months to haggle over budget
'Air travel will come back much bigger'
'Air travel will come back much bigger'. 'The safety regulations drastically reduce the chances of contracting the virus on a two-hour flight.'
Singaporean Mobile Marketplace Carousell Launches Hong Kong Property Platform
The feature, called Carousell Property, provides listings of local and overseas residential and industrial properties for sale and rent through its Carousell mobile application.
NASDAQ Awaits Other Indices To Follow Its Lead; V-Recovery In Place (For Now)
Stocks Analysis by Declan Fallon covering: S&P 500, US SmallCap 2000, iShares Russell 2000 ETF, NASDAQ Composite. Read Declan Fallon's latest article on Investing.com
Garbage generation rises again with resumption of activities in Doon
The garbage generation in Dehradun which had dropped by about 35 per cent during the initial phases of the lockdown has started to increase once again. During the complete lockdown, all the commercial activities like shops selling non- essential products and services, private offices and other
Deploy Bear Call Spread strategy in Nifty as weakness expected to continue
Sideways move can be expected with the negative bias as we have seen bearish reversal on the chart twice in the last few days.
EU must present united front to shield pandemic-hit banks: regulator
EU must present united front to shield pandemic-hit banks: regulator
KHADC, dist officials inspect farmers market
SHILLONG: Officials of the district administration and Khasi Hills Autonomous District Council (KHADC) inspected the wholesale farmers market (Iew dielang) on Sunday.The inspection came in the wake of a meeting to discuss the farmers’ plight. The KHA
One-stop spot for fresh vegetables
SHILLONG: Defying the lockdown’s topsy-turvy effect on trade and commerce, the small vegetable growers from various hamlets around Upper Shillong area have created a makeshift market in downtown Shillong which is turning out to be one-stop spot for d
On its deathbed, tourism needs local touch to revive
As industry has no way to revive itself, state govt thinks of concepts that can make it get going As most sectors resume businesses following the easing of lockdown, tourism and hospitality sector is .
Available data proves NDC manages economy better than NPP – ASEPA
The Alliance for Social Equity and Public Accountability (ASEPA) says claims that the ruling New Patriotic Party (NPP) are better managers of the Ghanaian economy are inaccurate.
EUR/USD Price Analysis: Peeps above 1.09, but range play continues
EUR/USD is looking to begin the week on a positive note. The pair is currently trading at 1.0905, representing marginal gains on the day. However, des
Buy Essel Propack; target of Rs 200: Motilal Oswal
Motilal Oswal is bullish on Essel Propack has recommended buy rating on the stock with a target price of Rs 200 in its research report dated May 23, 2020.
Michiganders hold $50M in unredeemed bottle, can deposits
Fifty million dollars is a whole lot of dimes.
'Need more stimulus with focus on GST cut, wage support, higher MNREGA spend'
With more rate cuts expected, we expect bond yields to remain soft in the near term.
Fiscal reforms: State's borrowing to be difficult
With more stipulations to adopt several reforms, it seems to be difficult for the State Government to opt for additional market borrowing in midst of the Covid-19 pandemic. While the State Government has been undertaking several reforms on continuous basis, asking the State during Covid-19
Migrants choosing to stay back after opening of industries
With Punjab industries gradually oiling its machinery to go full throttle amidst the Covid-19 scare, about 50 percent of the migrant labourers, who have registered at the state’s web portal to return to their native towns, have decided to stay back. Every day, the number of migrants going back
Parliament committee wants TTCL audited over unclear debts
The Parliamentary Public Accounts Committee (PAC) has called for a thorough management audit of the Tanzania Telecommunications Company Limited (TTCL) to establish areas of reform that would improve
On Memorial Day, National World War II Museum Reopens After Laying Off Nearly A Third Of Staff
Museums are having to deal with significant revenue fallout since visitors have had to stay home.
City lawyer sends notice to civil aviation minister
Says airlines flouting norms by retaining the amount paid for tickets cancelled due to lockdown; notice says airlines sitting on passengers’ money and earning i
Military continues to boost Hawaii economy during virus
U.S. military spending continues to be a pillar of Hawaii's economy as the Department of Defense has so far proved resistant to the financial impact of the coronavirus.
Angel investors examine exit options in Egypt after end of holding period
While the majority of start-ups need angel investments to grow, such investors have to be acquainted with exit options.
NDC drags AG, EC to Supreme Court over new voters register
The National Democratic Congress (NDC) has dragged the Electoral Commission (EC) to the Supreme Court over the compilation of a new voters register.
Anxious passengers wait for flights to resume from today
With state govt and Centre differ on allowing airlines to fly, many are in a state of dilemma over status
Buy Strides Pharma Science; target of Rs 421: ICICI Securities
ICICI Securities is bullish on Strides Pharma Science has recommended buy rating on the stock with a target price of Rs 421 in its research report dated May 21, 2020.
Farmers, ranchers adapt to new eating routines amid pandemic
“We woke up one day, and all the restaurants were closed. All of them,” said Felix Florez, the owner of Black Hill Ranch, a hog farm in Cypress. Just like that, the coronavirus pandemic changed his bu
Coronavirus impact: IDFC First Bank senior management takes 10% pay cut; CEO 30%
The bank has also paid 100 percent variable pay to 78.2 percent of employees for the period pertaining to 2019-20 despite the arrival of the pandemic, IDFC First Bank said.
Just Dial Q4 net profit rises 21.6 pc to Rs 76.1 cr
Digital directory firm Just Dial on Monday posted a 21.6 per cent increase in consolidated profit to Rs 76.1 crore for the March 2020 quarter.
Students, migrants take 1st flight home as services resume
Students, migrants take 1st flight home as services resume. Many said they shelled out more to reach the airport as there were limited public transport options available.
Students, migrants take the first flight home after being grounded for weeks due to lockdown
Those who took first flights included paramilitary personnel, army men, students and migrants, who failed to book a ticket on special trains being run by the railways. Many said they shelled out more to reach the airport as there were limited public transport options available.
If you invested R100 in these companies on 1 January 2020, here is how much you would have today
Sasfin Securities deputy chairman David Shapiro has revealed the biggest winners and losers on the JSE, NYSE, and the NASDAQ exchange this year.
6 cited for coronavirus violations in raid at suspected brothel near Waikiki | Honolulu Star-Advertiser
Six people were cited Friday during a raid at a massage parlor suspected of operating as a brothel while state emergency orders remain in place to reduce the spread of the coronavirus, the Honolulu Prosecutor’s Office said today.
Pandemic has increased money anxiety. Therapists hope to cure that
Interest in financial therapy rose after the 2008 recession, as Americans confronted their fears about money. The field has become relevant again, professionals say
Gold Trading Along Last Week’s Lows
Commodities Analysis by Sunshine Profits (Paul Rejczak) covering: XAU/USD, XAG/USD, Gold Futures, Silver Futures. Read Sunshine Profits (Paul Rejczak)'s latest article on Investing.com
Dunedin no longer to be port of call for ship
A shipping company carrying about 15% of the container volume through Port Otago has decided to stop coming to Port Chalmers. The ship Xin Zhang...
TAB to slash jobs
The sports betting agency the TAB is informing staff of job losses, after a proposal to cut hundreds of roles due to the Covid-19 downturn.
AU Day: Coronavirus has underscored the need for global assistance to African countries – MFA
The Ministry of Foreign Affairs, has reiterated the need for global aid to third world countries – mostly on the African continent, in the wake of the deadly coronavirus.
Still A Lot of Value in Corporate Bond Market
Bonds Analysis by Brian Gilmartin covering: General Motors Company, iShares Nasdaq Biotechnology ETF, Crude Oil WTI Futures, SPDR® S&P Biotech ETF. Read Brian Gilmartin's latest article on Investing.c
Calls for MSR's 'immediate release' grow louder as Spanish journalist condemns detention
Ana Ballesteros says it seems that free flow of information and free dissent is a crime in Pakistan
Report From Italy – How Consumers Act As Retail Reopens
I was recently introduced to Ms. Francesca Venturi who gave me an insight on Italy's reopening of stores. Her observations are valuable on how the United States shoppers may act.
2.4 lakh subsidised Tirupati Laddus sold in AP on day-one
About 2.4 lakh 'Tirupati laddus' of the hill shrine of Lord Venkateswara at Tirumala near here were sold on the first day of sales at subsidised price in headquarters of 12 districts in Andhra Pradesh on Monday, a temple official said.
Deal struck to dismantle blockades at Manitoba Hydro site, Indigenous group says
SPLIT LAKE, Man. - A Manitoba Indigenous group says there's a deal with the province's Crown-owned hydro utility to remove blockades set up over fears that
Air Canada to increase service to 97 destinations this summer
The figure is less than half the number of destinations the carrier served last summer…
Delta to provide passengers with hygiene kits
The complimentary “care kits” consist of a face mask, sanitiser gel pouches and an information card…
Call for financial safety net for vulnerable workers
WITH thousands left reeling from sudden layoffs and redundancies in Jamaica and across th...
Industry insider reveals the true impact of the lockdown on the South African travel industry
An industry insider has provided real-world facts and figures on the impact of the extended lockdown on the South African travel and tourism industry.
Kaya: Radhakishan Damani picks up 1.11% stake, Porinju Veliyath raises shareholding to 1.14%
Another well-known investor Porinju Veliyath, through his fund management firm Equity Intelligence India, also held stake in Kaya.
Coinbase Investor And Reddit Cofounder Sees A New Bitcoin And Crypto ‘Spring’
Reddit co-founder and early investor in major U.S. bitcoin and crypto exchange Coinbase, Alexis Ohanian, has said he sees the green shoots of a new bitcoin and "crypto spring"...
iCE3 Exchange gets Callpay Instant Deposits
South African cryptocurrency exchange iCE3 has launched an additional integrated EFT payment gateway on its platform.
Domestic flight services to commence today
Amid Covid-19 induced lockdown-4, domestic flight services to the Swami Vivekananda Airport in Raipur will commence from May 25, with the Chhattisgarh government announcing a detailed Standard Operating Procedure (SOP) for the arriving passengers. The SOP states that foreign residents interested
Dunedin no longer to be port of call for ship
A shipping company carrying about 15% of the container volume through Port Otago has decided to stop coming to Port Chalmers. The ship Xin Zhang...
India sharply cuts exposure to US govt securities to $156.5 billion in March
In April last year, the same stood at $155.3 billion, according to data from the US Treasury Department.
Food prices go up in West Bengal due to Cyclone Amphan
The cyclone has hit supplies and prices of most vegetables have spurt by 20 to 30 percent and will soar further, vendors said.
3 Reasons Bitcoin Will Ultimately Break Out To The Upside
Market Analysis by Andy Hecht covering: BTC/USD, Bitcoin Futures CME. Read Andy Hecht's Market Analysis on Investing.com
Reliability of power supply questioned
The reliability of the two power lines bringing electricity to Wanaka from Cromwell is being questioned by Aurora Energy whistle-blower Richard...
Tata Motors' JLR seeks COVID-19 support package in UK: Reports
Tata Motors owned Jaguar Land Rover (JLR) is said to be in talks with the UK government for an estimated one-billion pounds support package to tide through the coronavirus pandemic, according to British media reports.
The one thing these great ICT companies have in common
There is one thing top South African IT and telecommunications companies have in common.
No bad bank yet: Govt plans reforms in asset recast space
The government first wants to ensure that structural reforms are initiated in the asset reconstruction space to boost the performance of existing companies.
This Week: New home sales, US GDP, consumer spending
A look at some of the key business events and economic indicators upcoming this week:
Deal struck to dismantle blockades at Manitoba Hydro site, Indigenous group says
SPLIT LAKE, Man. — A Manitoba Indigenous group says there’s a deal with the province’s Crown-owned hydro utility to remove blockades set up over fears that workers could introduce COVID-19 to an area around a multi-billion dollar hydroelectric project.
Survey: 44% Of Nonprofits Anticipate Further Staff Cuts Due To Coronavirus
A new survey of more than 750 nonprofits around the U. S. finds that 18% of nonprofit staff has been furloughed or laid off already — and 44% of respondents anticipate even more layoffs to come.
As edible oils pact with Malaysia, Indonesia ends, India should now hike import duties: SEA
The Solvent Extractors Association of India (SEA) also urged the government to ban the import of refined palm oils or palmolien in order to encourage domestic production.
F1 News: Aston Martin set for first major change since Stroll takeover
Aston Martin looks set to make its first major management change since the arrival of investor Lawrence Stroll earlier this year, with CEO Andy Palmer tipped to be replaced
3 Reasons Bitcoin Will Ultimately Break Out To The Upside
Market Analysis by Andy Hecht covering: BTC/USD, Bitcoin Futures CME. Read Andy Hecht's Market Analysis on Investing.com
Australian skiers book hotels
Australian tourists hoping for a ski season in the South Island are already making bookings and inquiries at hotels. Novotel Queenstown Lakeside...
Tech revolution: Human touch will be irreplaceable in financial services
With the help of technology and greater access to content Indian financial markets are moving from a push market to a pull market.
'No Eid in our home': Families of PIA plane crash victims continue to mourn
There were two survivors from onboard the aircraft, while no fatalities were reported on the ground
Bata India Q4 net profit down 57% to Rs 38 crore
The company had posted a net profit of Rs 88.66 crore in January-March quarter a year ago, Bata India said in a BSE filing.
Thermal scanning, contactless frisking as local flights take-off
Between 40 and 45 flight arrivals and similar number of departures will take place at Sardar Vallabhbhai Patel International Airport as domestic flights resume
Migrants walk through 'hell' to reach 'heaven' in Bihar but stare at uncertain future
Hungry and exhausted, these migrant workers are arriving at Sonathu and other villages in Bihar's Aurangabad district from places as far-off as Surat, Mumbai, Delhi, Jaipur and Chennai every day, carrying tales of trauma and tribulation.
All About The Bitcoin Halving
Bitcoin just underwent a halving, the third in the cryptocurrency's history, on March 11. Every transaction in the entire history of Bitcoin is recorded on ever
CREDAI writes to PM Modi, seeks immediate relief for sector
Realtors' apex body CREDAI has written a letter to Prime Minister Narendra Modi, seeking immediate relief measures to tide over the crisis
Rally likely in oil prices but upside may be capped on uncertain demand outlook
We expect Nymex Crude prices to face stiff resistance around $40-$42 per barrel. We expect prices to average near $28 per barrel during the year.
CBIC clears Rs 11,052 crore GST refund claims since April 8
The finance ministry had on April 8 said that to provide relief during COVID-19 it has been decided to issue all pending GST and custom refunds which would benefit around 1 lakh business entities, including MSME.
Over 200k workers could lose their jobs in WC due to COVID-19 - Treasury
The provincial Treasury Department head David Savage said of the over 200,000 job losses predicted, several came from the tourism industry.
Increased support payments for newly jobless people
The newly jobless due to the Covid-19 crisis will be able to get $490 a week tax-free for 12 weeks. The Government this morning announced the $570...
Worker shortage concerns loom in immigrant-heavy meatpacking
When Martha Kebede’s adult sons immigrated from Ethiopia and reunited with her in South Dakota this year, they had few work opportunities.
UW Medicine to furlough about 4,000 workers
UW Medicine announced furloughs of about 4,000 members of its unionized workforce in spite of the healthcare-system’s position at the forefront of COVID-19 response efforts both locally and globally.
Number of flight bookings at airBaltic up nearly 500%
Latvian national airline airBaltic reports that compared to the first full week of May, last week the number of new bookings made on airBaltic flights increased by nearly 500%. In total, last week passengers made more than 13 000 new reservations, according to airBaltic communications manager Alise Briede.
Consumer Spending And Demand Has Changed Due To The Pandemic
The Commerce Department says GDP shrank by 4.8% in the first quarter of 2020 – the worst decline since 2009. However, business owners can take advantage of massive shifts in demand and behavior to serve new customers.
Slump in consumption, exports push Germany into recession in first quarter
Slump in consumption, exports push Germany into recession in first quarter
Pomlum villagers devoid of ration cards, govt cash aid
SHILLONG: As is the case in most other Dorbars, Pomlum is no exception when to comes to receiving cash benefit for the registered daily wage earners. This suburban area, only about 10 km from here, is also devoid of the benefit of ration cards.With m
Merkel's conservatives want stimulus package to include tax relief: document
Merkel's conservatives want stimulus package to include tax relief: document
Citi Analysts: ‘Target-To-Kmart Conversion Set To Boost Sales
Citi analysts expect that Wesfarmers’ move to close unprofitable Target stores and convert other Target locations to Kmart stores will help to boost the group’s earnings. As such, Citi has raised its price target on Wesfarmers by nearly 20%.
Govt procures 110 lakh metric tonnes of wheat
Due to global pandemic Corona, this time the Government had to implement lockdown, but the hard work and the spirit of the farmers of the State was the highest this time. This is the reason that this time in the history of Madhya Pradesh, the highest number of wheat purchases was recorded. In
What A Trans-Tasman ‘Bubble’ Could Look Like For Australia And New Zealand
As New Zealand continues its efforts to eradicate Covid-19 and move closer to alert level 1, Australia and other Pacific island nations are being considered for a Trans-Tasman travel "bubble." Here's what that might look like.
China’s E-Commerce Players Post Strong Quarterly Results Despite Covid-19
China’s three largest e-commerce platforms Alibaba ($BABA), JD.com ($JD) and Pinduoduo ($PDD) have all released their earning results for the first quarter this year, and it’s worth taking a minute to review the numbers.
Stuff CEO buys company for $1
Stuff chief executive Sinead Boucher has purchased Stuff from its Australian owners Nine Entertainment for $1. The chief executive was returning...
COVID-19: 37 Lakh Migrants Have Benefited From Shramik Trains So Far
Nearly 60% of trains originated from Gujarat, Maharashtra and Punjab and destined for UP and Bihar.
Mexican auto industry groups urge Puebla state to allow operations to restart
Mexican auto industry groups urge Puebla state to allow operations to restart
Zimnat launches novel inflation linked funeral cover
HARARE-One of the oldest financial institutions in the country, Zimnat Life Assurance has launched an inflation linked funeral policy, Gadziriro/Lungiselelo ZWL$ Funeral Plan the first of its kind in Zimbabwe, which provides for regular review of covers and premiums on a regular basis.
Michael Terpin Patiently Waited For A Teen To Turn 18 To Sue Him
As indicated by The New York Post, popular crypto investor Michael Terpin purposely held up until the teenager who took nearly $24 million of digital currency by means of a SIM-Swapping turns 18 so as to indict him. Terpin, who lodged a suit against Pinsky earlier this month, claims that…
Jobs galore under afforestation drive in Telangana
Forest Department has undertaken afforestation work by digging staggered trenches, dovetailing employment guarantee scheme to provide employment to workers.
Tourists should not travel to Goa; hotels still non functional: Official
Goa Health Secretary Nila Mohanan on Monday advised tourists not to travel to the coastal state, on a day when 10 out of the 13 flights,
When It Comes To College Sports, June Is More Important Than September
This June is a month unlike any other one in the history of higher education; this June, the decision whether to go online, in person, or some hybrid/flex combination will be solidified.
Mogale City workers protest over lack of PPEs and non-payment
It is understood the workers were promised COVID-19 compensation fund and overtime payments, which were due on Monday.
Thai central bank governor Veerathai will not seek 2nd term
Thai central bank governor Veerathai will not seek 2nd term
Govt thrust on infrastructure boost to help transmission tower companies: Ind-Ra
According to the ratings agency, the prolonged nationwide lockdown would impact the revenue growth of transmission tower suppliers in the near term, however, the companies that supply T&D equipment are expected to be more resilient than the traditional steel industry players.
Nigerians Locked In Another Chinese Company In Ogun Cry Out For Help
One of the affected workers told SaharaReporters that aside from forcing them to work, the company had also stopped feeding them and refused to allow them to go out to get food.
Almost 90 jobs go from Invercargill licensing trust
Eighty-seven of ILT's 606 workforce will be made redundant after staff restructuring due to Covid-19 impacting the hospitality sector. ILT chief...
Chinese troops come inside Indian territory in eastern Ladakh: Report
India has conducted “mirror deployment” on its side to match moves made by the Chinese forces in eastern Ladakh, according to a report.
Stimulus Checks Waiting For People With Little Income And No Income
People who have no income at all are eligible to get stimulus checks. People with low income are eligible to get stimulus checks. Homeless people are eligible to get stimulus checks. And, yes, people who aren’t legally required to file federal taxes can get a $1,200 stimulus check.
Domestic visitors bring hope
As autumn leaves fall, optimism in the face of Covid-19 is on the rise in the Waitaki Valley. There were signs that domestic tourists were starting...
CS Somesh Kumar lauds officials for sending migrants safe
CS Somesh Kumar complimented the police and other departments for facilitating transportation of over 50,000 migrant workers through 40 trains on a single day on Saturday.
'Banking stocks to remain under pressure; ICICI, HDFC Bank & Axis top buys'
Going ahead investors are likely to remain watchful COVID-19 situation in the country, vaccines development, lockdown restrictions with changing economic policies, and crude oil prices movements.
bidorbuy helps South African businesses get back to work
bidorbuy is making it easier for businesses in different sectors to plan for when they may be permitted to reopen.
Chaotic Sunday forces customers, airlines to re-draw plans for flight resumption
Constant changes in schedules and confusion over protocol underline the chaos over resumption of flights on May 25
Hong Kong shares ease on China-U.S. rift, dollar firms
Hong Kong shares extended losses and a gauge of Asian stocks was largely subdued on Monday, after China's move to impose a new security law on Hong Kong heightened concerns about the future stability of the city and global trade prospects. Hong Kong's HSI index fell 0.4% after sinking 5.5% on
South Africa’s richest people recover some lockdown losses
South Africa’s richest people have seen their fortunes recover over the last month – but many are still worse off than before the global coronavirus pandemic hit home, forcing the country into a nine-week high level lockdown.
How to build an emergency fund
The financial problems caused by the pandemic has made everyone realise the importance of maintaining an emergency fund
These Are the Government Guidelines for Victorian Restaurants and Cafes to Reopen
No tables bigger than six. No self-service cutlery and glass stations, or communal drink and condiment stations. And alcohol can only be served with a meal, “which is more than a snack”. Here’s how you’ll experience dining in Victoria from June 1.
Filipina domestic worker commits suicide in Lebanon – embassy
Her death comes days after a rights group complained about the shelter she was in
TUCI holds rally in B'pur on workers' demand
In response to the call given by the Central Trade Unions, the Trade Union Centre of India (TUCI) staged a rally before the Joint Labor Commissioner’s office here on Saturday morning on workers' 6-point charter of demands. Among others, who supported and joined the protest include TUCI
Cree Stock Headed Below $35?
Due to the spread of the novel Coronavirus that has rattled the stock markets and the broader economy, at the current price of $50 per share, we believe Cree stock (NASDAQ: CREE) could see significant downside if there are no signs of abatement of the crisis by June 2020...
Aston Martin's chief to leave as a part of shake-up
GAYDON, England: Aston Martin Chief Executive Andy Palmer is leaving the business as part of a management shake-up and will be replaced by Tobias ...
Sovereign rating: Economists shrug off downgrade fear amid Covid crisis
Unprecedented crises, they stress, warrant elevated government spending to rekindle growth impulses fast and protect both lives and livelihood, while fiscal hawkishness is best reserved for normal times.
Big storm hits Western Australia
Wild weather downed trees and left tens of thousands of people without power in Western Australia, as emergency services began cleaning up in Perth...
Germany stamps authority on Lufthansa with $9.8 billion lifeline
The largest German corporate rescue since the coronavirus crisis struck will see the government get a 20% stake, which could rise to 25% plus one share in the event of a takeover attempt, as it seeks to protect thousands of jobs.
Germany's top court to rule on compensation for VW diesel cheating
In an early May hearing, judges at the Federal Court of Justice (BGH) said there was a chance for at least partial compensation for some VW buyers, saying they had indeed been harmed by purchasing a manipulated vehicle.
Milan-based AppQuality nabs €3.5 million for its crowd testing platform
Italian startup AppQuality, a crowd testing platform, has announced raising €3.5 million in a round led by P101 SGR and ITA500 (the venture capital fund established by Azimut Libera and managed by P101), alongside Italian Angels for Growth (IAG), and Club Italia Investimenti 2. Founded in 2015, A
ITA estimates Rs 2,100 crore revenue loss for tea industry in Assam and West Bengal during Mar-May
The Indian Tea Association (ITA) has pegged a revenue loss of Rs 2,100 crore for the industry in Assam and West Bengal during March, April and May.
Kothakota weavers cry for govt support
Lack of govt support, resources, rising costs of raw material, infrastructural limitations some of reasons for the present condition of weavers.
Time to go digital: Important for SME sector in India to get a digital transformation
It is essential that SMEs consider rapid digitalisation to avoid loss of productivity or their competitive advantage.
Huawei seeks stable chip supply from Samsung and Hynix
Huawei Technologies Co. has sought high-level assurances from Samsung Electronics Co. and SK Hynix Inc. they will continue to supply memory chips despite mounting pressure from the U.S. to isolate the Chinese telecommunications company, the Korea Economic Daily reported.
Business Leaders Need To Show The Way To A Post-Virus World
With politicians generally floundering in their attempts to reveal a route out of lockdown, executives have an opportunity to give a lead.
Virgin Atlantic delays flight resumption to "August at the earliest" due to quarantine measures
The carrier said that “by introducing a mandatory 14 day self-isolation for every single traveller entering the UK, the Government’s approach will prevent flights from resuming”
Corporate governance: SBI weighed down by its own laws, says IiAS
The immediate reaction from Institutional Investor Advisory Services (IiAS) is the invite that SBI has sent out to shareholders for an EGM on June 17 amidst COVID-19 pandemic, as the State Bank of India Act of 1955, which created it, does not envisage or allow it to hold the extra-ordinary general meeting digitally/electronically or even an e-voting.
Tiger Brands faces R500 million-plus hit to profit because of lockdown
South African packaged goods group Tiger Brands says that the nine-week high level lockdown has cost it half a billion in profits, as the group faces procurement pressure, global supply chain issues and pricing regulation.
Would Modi government move towards direct cash transfers?
Merging state and central income support schemes will make Rs 5 lakh crore available to extend basic income to poor households; this will also stop leakages.
Gold – the solution to a $5,300,000,000,000 money printing problem
Defend your portfolio against inflation with gold.
Domestic flight services resume in India after two months
After a gap of two months, domestic passenger flight operations resumed on Monday amid reluctance by various states to open up their airports in view of rising cases of the novel coronavirus.
Oil Has Recovered From Record Lows But $40 Prices Unlikely Before Q3 2020
Market has recovered from record lows but a clear cut pathway for a sustained rally isn’t here yet.
The Startup Trying To Take A Bite Out Of Fake News, Civics Illiteracy
These two founders have launched a company to help young readers develop good news habits, and help news companies reach them.
Shares in depository account can be used as margin till August 31: SEBI
The markets regulator in February came out with framework on margin obligation to be given by way of pledged or repledged shares in the depository system.
Why Washington should rush more economic aid to the states
The economy is in more dire straits than Washington politicians behave, and they need to put aside their partisan agendas and fencing on Twitter to save it.
CEO buys struggling New Zealand media company for $1
WELLINGTON, New Zealand — One of New Zealand’s largest media organizations will be sold for a single dollar to its chief executive, the owners announced Monday.
Nissan and Renault shelve merger plans to repair their alliance: sources
Nissan and Renault shelve merger plans to repair their alliance: sources
Ghanaians urged to strictly adhere to protocols in fight against Coronavirus
Brands Manager of Vitamilk Ghana, S. Boateng has encouraged the general public to comply with the various measures announced by the government in the quest to defeat Coronavirus.
6 cited for coronavirus violations in raid at suspected brothel near Waikiki | Honolulu Star-Advertiser
Six people were cited Friday during a raid at a massage parlor suspected of operating as a brothel while state emergency orders remain in place to reduce the spread of the coronavirus, the Honolulu Prosecutor’s Office said today.
Brussels Airlines to operate 40 per cent of long-haul programme by August
The carrier intends to gradually ramp up operations to a total of 59 European and long-haul destinations…
Prison officers, others defy ban on social gathering
Two prison officers were spotted consuming alcohol Sunday night at Koforidua the Eastern Regional capital with dozens of others in blatant disregard to the ban on public gathering and closure of drinking spots.
Thousands without power in Western Australia after once in a decade storm
Wind speeds of up to 132 km/hour (82 mph) were registered at Cape Leeuwin, one of the state's most south-westerly points early on Monday, the strongest May gusts in 15 years, according to the Australia Broadcasting Corp.
KTR extends aid to differently-abled
IT and Municipal Administration Minister, KTR once again displayed his compassionate side on Sunday, when he extended financial support to a physically challenged person.
US urges probe into alleged ethics breach by African Development Bank
The letter, dated 22 May, was sent to the chair of the AfDB's board, Ivorian Planning and Development Minister Niale Kaba.
Heatwave likely to abate only after May 28; Dust storm, thunderstorm expected on May 29-30: IMD
Delhi, Rajasthan, Haryana, Punjab and parts of Uttar Pradesh have been experiencing blistering heat for days with temperatures soaring over 45 degrees Celsius in some places.
Domestic aviation resumes: 532 flights operated, 39,231 passengers flown on Day 1
The first day was marred by cancellations, and customer complaints
Forex - Dollar Drifts Higher in Thin Trade as Hong Kong Flares up Again
Forex - Dollar Drifts Higher in Thin Trade as Hong Kong Flares up Again
Growth Of Million-Dollar, One-Person Businesses Accelerates
US Census statistics show that a growing number of solopreneurs and business partnerships broke seven figures in 2018.
CM KCR to chair high-level meeting on May 27
CM KCR will chair a high-level meeting at Pragathi Bhavan on May 27 to discuss on varied issues pertaining to the State including COVID-19, Vaanakalam (Kharif) crop season and Telangana State Formation Day celebrations among others.
Japan lifts coronavirus emergency in all remaining areas
Japanese Prime Minister Shinzo Abe lifted a coronavirus state of emergency in Tokyo and four other remaining areas on Monday, ending the restrictions nationwide as businesses begin to reopen.
Finances And Coronavirus: Threats And Opportunities In Lockdown Era
The financial impact of coronavirus will be felt far and wide - but while it is painful for some, it is delivering surprising benefits for others, at least in the short term
Top WR babu says SoBo store cheated him
Colaba cops recommend cancellation of store’s licence after CPRO of Western Railway and other residents complained of bill manipulation
Economist Brian Easton says the media treat budgets as bit of a circus: lots of theatre and soon forgotten. For a serious economist they show how the official team of economists is thinking about the wider economy
Economist Brian Easton says the media treat budgets as bit of a circus: lots of theatre and soon forgotten. For a serious economist they show how the official team of economists is thinking about the wider economy
Chinese tech giant criticises US for 'politicising business'
The new measures announced on Friday expanded a US campaign against Chinese companies Washington says might be security threats or involved in human rights abuses.
215 slots ready from Bengaluru's KIA
The Kempegowda International Airport (KIA), the country’s third busiest, will resume domestic flight operations on Monday with slots opened for a total of 215 Air Traffic Movements (ATMs) — 108 departures and 107 arrivals.
In race for tourism, Greece reopens cafes, island ferries
Greece restarted regular ferry services to its islands Monday, and cafes and restaurants were also back open for business as the country accelerated efforts to salvage its tourism season.
Green & Gold Cleaning Ramping Up for COVID Re-Opening, Growing Demand
Business is booming for Green & Gold Cleaning.With the province gradually re-opening and the business sector returning to work, cleanliness is going to
Chicago Mayor Launches Police Raid to Stop Black Church’s Sunday Services
On Sunday, Chicago Mayor Lori Lightfoot mounted a raid on a black church for holding services in defiance of her coronavirus lockdown orders.
Chocolate company adapts to new normal
A restructure in the wake of Covid-19 has put Jim O’Malley back at the helm of Dunedin chocolate-maker Ocho. Before the outbreak, Ocho was...
Companies must adhere to strict health, safety protocols - Ramaphosa
The president warned that the risk of a massive increase in COVID-19 infections would be greater as the economy opened up and millions of more people returned to work.
PNB fraud case: Interpol notice against Nirav Modi's brother put up for public viewing again
Nehal Modi's name figured as the accused number 27 in the supplementary chargesheet filed by the CBI, which charged him for destroying evidence in Dubai to cover the tracks of the alleged crime, the officials said.
Want a greener recovery? Here are three ways to do it
As policymakers search for ways to jumpstart an economic recovery, several members of Congress are renewing a push for a massive green stimulus package.
Masiyiwa brings smiles to rural village, completes 100kw solar power project
PAN-AFRICAN businessman and philanthropist Mr Strive Masiyiwa has, through his ‘Re-Imagine Rural’ initiative, completed a 100KW solar power project at Ndolwane in Bulilima district.
No labourer employed in R'gada MNREGS work
According to a crude estimate, around 20,000 labourers of Rayagada district have already returned back through various means of transport and long walk. As these labourers are mostly from rural areas, Chief Minister Naveen Patnaik has also stressed on engaging these returnees through MGNREGS.
Buy VST Industries; target of Rs 4000: ICICI Direct
ICICI Direct is bullish on VST Industries has recommended buy rating on the stock with a target price of Rs 4000 in its research report dated May 22, 2020.
German FA chief calls for salary cap to help win over fans
BERLIN - Soccer must learn long-term lessons from the coronavirus crisis, with better financial controls and player salary caps, to keep fans on board, German Football Association President Fritz
Big storm hits Western Australia
Wild weather downed trees and left tens of thousands of people without power in Western Australia, as emergency services began cleaning up in Perth...
Slate Asset Management launches $500-million fund to finance COVID-hit companies
Toronto-based Slate plans to offer bridge financing, loan restructuring, as well as preferred equity purchases as the industry deals with a massive drop in rent payments
Mall REITs - Under Threat From The Lockdown Flight To Online Shopping
Clearly, online retail taking a larger share of total retail spend is bad news for REITs that specialise in mall real estate. We see this very clearly in the U.
French support plan ready to be launched on June 3 - national federation
PARIS: The French tennis federation's 35-million euro (31.3 million pounds) plan will be effectively launched on June 3 with a dedicated platform ...
World Bank’s approval for Nigeria’s $1.5b cash coming July
The World Bank will take final decision in late July on a $1.5 billion loan to support Nigeria as it fights the novel coronavirus, the bank’s country ...
99% MSMEs won’t benefit from Centre’s loan scheme: Chavan
As part of the stimulus package to revive small businesses from the financial damage caused by the prolonged coronavirus-induced lockdown, Union Finance Minister Nirmala Sitharaman had announced Rs 3.70 lakh crore collateral-free automatic loans for businesses, including MSMEs.
Spurs to consider offering this ace in swap deal to land prime midfield target
Spurs are reportedly open to offering this ace in a potential swap deal in order to land their prime midfield target...
Opinion: Buhari's Next Level agenda and Babatunde Fashola's infrastructure revolution on campuses
Babatunde Raji Fashola SAN popularly referred to as BRF is not just gifted with reasoning, he is a sterling administrator comparable to that of "Lee Kuan Yew.
COVID-19: Worries grow that consumers won't come back to malls
Mall owners have a strong incentive to get their properties open safely, as rents have plummeted following the provincial orders to close
Use pandemic to stop brain drain, MPs told, as payments for CERB top $40 billion
OTTAWA — The federal government should use the COVID-19 pandemic to reverse a brain drain of top tech talent south of the border, a House of Commons committee heard Monday, alongside warnings that companies would leave Canada if taxes go up to pay fo
Prices of Japanese premium melons plunge amid coronavirus outbreak
A pair of premium Japanese melons sold Monday for just a slice of the five million yen (US$46,000) reached at auction last year, as the ...
Virgin Orbit loses its first rocket shortly after engine ignition
“An anomaly then occurred early in first stage flight.”
EDITORIAL: Reform to benefit farmers
Agriculture contributes 26 per cent of the gross domestic product.
Minor fire causes evacuation of Target store in central Las Vegas
A small fire inside a Target store Monday afternoon caused an evacuation of the business in central Las Vegas.
Fed Chiefs Speak: Reading Between The Lines
On May 20, 2020, three state Fed chiefs spoke independently on what they expect the economy to do in the near future. I thought it'd be a great idea to reconcil
Congress weighs choice: ‘Go big’ on virus aid or hit ‘pause’
WASHINGTON (AP) — Congress is at a crossroads in the coronavirus crisis, wrestling over whether to “go big,” as House Speaker Nancy Pelosi wants for the next relief bill, or...
Pandemic personal finance update finale: A 10-point checklist of things you should have done by now to protect or improve your money situation
This tenth, and last, instalment of the Pandemic Personal Finance Update will look at 10 steps to guard your financial well-being
As China eclipses US, Brussels must rethink Beijing, says top EU diplomat
Josep Borrell said the pandemic could be seen as a turning point in the power shift from West to East, and that the "pressure to choose sides is growing."
Air Canada CEO's compensation cut by more than half to $5.8M due to COVID-19
MONTREAL — Air Canada CEO Calin Rovinescu was on track to receive around $12.9 million in total compensation last year, but the value fell by more than half as the airline’s shares stalled due to the COVID-19 pandemic.
DA calls for a special inspector-general to monitor govt's Covid-19 relief fund
DA MP Geordin Hill-Lewis said previous localised disasters, as well as regular expenditure, had been lost through illegitimate procurement practices, undue cost escalation and direct theft, which made this a necessity.
Australian PM Morrison rolls out plan to save economy as China slaps tariffs on country's exports – Sputnik
Early Tuesday morning in Asia, Sputnik came out with the news conveying the details of the Aussie PM Scott Morrison’s plan to combat China’s recent pu
KIBAARA: Smart food markets for the future way to go
The Covid-19 pandemic has revealed that open markets aren’t built for a crisis like this one.
George R.R. Martin joins group to buy historic railway
SANTA FE, N.M. (AP) — George R.R. Martin, the famed author of the “Game of Thrones” fantasy series, has joined a group to buy the historic Santa Fe Southern Railroad....
Our researchers are working on cure for coronavirus — Babcock University
A team of researchers from Babcock University, Ilisan-Remo, is working on a cure for the coronavirus, the Vice-Chancellor has revealed.
German FA chief calls for salary cap to help win over fans
Soccer must learn long-term lessons from the coronavirus crisis, with better financial controls and player salary caps, to keep fans on board, ...
Active Ethereum Wallet Count Has Grown 350% Since 2018; What This Indicates
There is one key data metric suggests that Ethereum has built immense underlying strength over the past couple of years.
India looks to store cheap oil in United States: Oil minister
India is looking at storing some low priced U.S. oil in facilities there as its local storage is full, oil minister Dharmendra Pradhan told CNBC TV18 news channel. India's plan could be similar to a
USD/JPY: Bulls targeting 108.00 catch a breath amid mixed clues
USD/JPY buyers catch a breath near 107.70 at the start of Tuesday’s Asian session. While the absence of traders from the UK and the US seems to have l
Hulbert: My stock market forecast for June is likely wrong — but watch out for August
The March lows of the coronavirus crash could still be tested, writes Mark Hulbert.
Long lines outside NYC bike stores as people avoid public transportation
Forget Trader Joe’s — long lines are snaking around the corners of Big Apple bicycle stores as transit-averse New Yorkers seek a safe way to get around during the coronavirus
Only a Few Hedge Funds Made Money in March and April. Here’s How
Father-of-six Nicolas Bryon didn’t get much sleep in March but it wasn’t family duties keeping him up. As global markets crashed, the Sydney-based hedge-fund manager rose every hour to check on his positions and execute trades.
‘Bharti Telecom to sell 2.75% stake in Airtel to raise $1 billion’
The block deal will be conducted by JP Morgan India at around Rs 558 per share, close to 6 per cent discount to the closing price of Rs 593.20 on May 22 on the NSE.
Germany stamps authority on Lufthansa with $9.8 bln lifeline
FRANKFURT/BERLIN — Germany threw Lufthansa a 9 billion euro ($9.8 billion) lifeline on Monday, agreeing a bailout which gives Berlin a veto in the event of a hostile bid for the airline.
Air Canada CEO's compensation cut by more than half to $5.8M due to COVID-19
MONTREAL — Air Canada CEO Calin Rovinescu was on track to receive around $12.9 million in total compensation last year, but the value fell by more than half as the airline's shares stalled due to the COVID-19 pandemic.
The Gold No-Brainer
What Eric Fry is seeing as the four catalysts pushing gold's price higher. Make sure your portfolio has exposure to the yellow metal now.
Tech This Week | Advertising a tax on the poor, pandemic going to exacerbate it
Many don’t have jobs now but the book Poor Economics says they could trade off a little food for entertainment. So they’ll bear the brunt.
Salem Airport to resume operations on Wednesday
Temperature of passengers would be screened before boarding and passengers would be provided with PPE kits along with sanitisers by the airline.
Air India to resume operation on Kolkata-Imphal-Aizawl route from Thursday
All scheduled commercial passenger flights have been suspended since March 25 when the government imposed a nationwide lockdown to curb the coronavirus pandemic. The flights resumed on Monday.
A Contrarian View On JetBlue
JBLU has been more than cut in half from its 2020 highs. However, any recovery looks to be quite slow. And the valuation is pricing in a lot of earnings that ar
Rich Chinese Snapping up Luxury Homes From Singapore to Sydney
Rich Chinese home buyers are back.
Germany set to take Lufthansa stake in landmark $9.8-billion bailout
The aid package involves taking an initial 20 per cent stake that could rise to a blocking minority of 25 per cent plus one share in the event of a hostile takeover, the carrier said on Monday.
Covid-19: After govt intervention, prices of N-95 masks down by up to 47%
To address the issue of higher prices of the N-95 masks, the NPPA intervened to ensure their availability at affordable prices in the country, the Ministry of Chemicals and Fertilizers said in a statement on Monday.
Reopening Trends: Consumers Spending More On Gas, Kids Still Home From School
The U.S. is slowly reopening its facilities, with a variety of upwards and downwards trends emerging in various areas of the retail landscape.
Universal basic income – an idea whose time has come
‘There’s nothing more powerful than an idea whose time has come,’ said Victor Hugo. This quote helps us understand the growing calls from all spheres of society worldwide for the introduction of a universal basic income (also known as a basic income grant).
Air Canada CEO’s compensation cut by more than half to $5.8 million due to COVID-19
Calin Rovinescu was on track to receive around $12.9 million in total compensation last year
Lenovo promises to up PC building to meet working from home demand
Employees will continue to work from home after the crisis is over and Lenovo is preparing to meet increased demand for PCs.
Carney: America’s Economy Slowly Comes Back to Life
Small pieces of real time, high frequency economic data all tell the same story: the worst of the coronavirus impact on the U.S. economy is behind us. | Economy
MULILI & SHAH: Need to lay out post-Covid-19 strategies for
Manufacturing has suffered due to mandated working in shifts and the impact of the lockdown.
There's Always Something To Worry About (And That's Bullish)
Persistence of worry among investors supports a bullish contrarian thesis. The 32% rally in the S&P 500 strongly suggests a new bull has begun. Online retail sa
Our universities need to change for an as yet unimagined future
South Africa needs to build national capacity for an economy that needs skills that are radical and complex. In order to facilitate this, we need to ‘decolumnise’ campuses from the grand colosseums to a vibrant, insightful, smart network of decentralised partners.
To consumers, Malaysia’s CPI deflation a sign of pandemic hardship
KUALA LUMPUR, May 26 — To economists, the sharp plunge in April’s consumer price index was hardly a surprise. The nation was under a partial lockdown for that entire month; businesses shut down and demand plunged. But consumers saw the deflation as a telling sign of something far more...
Qld Premier to face frustrated tourism leaders on the Gold Coast
The Premier is expected to meet with tourism leaders and the Mayor on the Gold Coast today amidst heavy criticism the government is not doing enough to get the tourism market kicking again.
Gran, 81, dies after two residents from care home ‘with 15 coronavirus deaths transferred to her home’
A HEARTBROKEN son has called for answers after a care firm transferred two residents with suspected coronavirus to his mum’s home. Gran Sylvia Williamson, 81, died on Sunday May 17 at Kenton …
Japan’s Hottest Stock Is Tiny Maker of $40 Million Machines
The list of Intel Corp.’s annual supplier award winners tends to read like a who’s-who of the semiconductor industry’s biggest names. This year, it included a little-known Japanese company whose machines have become indispensable in the race to improve semiconductors and whose stock has been rocketing up as a result.
California to allow places of worship to reopen, in-store retail shopping to resume
California will allow houses of worship to open for in-person services at reduced capacity and let retailers open for in-store shopping, state officials announced Monday.
Nissan and Renault shelve merger plans to repair their alliance - sources
Renault and Nissan have shelved plans to push towards the full merger former leader Carlos Ghosn craved and will instead fix their troubled alliance to try to recover from the coronavirus pandemic, five senior sources told Reuters.
Use pandemic to stop brain drain, MPs told, as payments for CERB top $40 billion
OTTAWA - The federal government should use the COVID-19 pandemic to reverse a brain drain of top tech talent south of the border, a House of Commons committ
Virgin Orbit rocket fails on first airborne test
Setback for venture led by Richard Branson at time of financial stress
Warning signs posted in Nanakuli after shark sighting | Honolulu Star-Advertiser
The City and County of Honolulu says warning signs have been posted at Depot’s Beach in Nanakuli after a 10-foot-long shark was spotted in the area.
Dancing with disinfectant: China's nightclubs back in the groove
SHANGHAI (Reuters) - Nightclubs in China have mostly come back to life as owners and customers feel increasingly comfortable the novel coronavirus epidemic is under control, but disinfectant, disposable cups and masks have become part of the experience.
Spend the $60b windfall on bigger stimulus
If the Treasury still thinks we are headed for a recession, the JobKeeper underspend should be used to pump-prime the economy.
Tim Wilson wants fresh inquiry into Hostplus conflicts
The federal MP has asked regulators to investigate 'vertical integration' in the industry superannuation sector.
UK weather forecast: Britain to scorch in 26C highs for days before 'dramatic dip'
Forecasters are in agreement May will end with a flurry of high temperatures and largely fine weather after parts of the UK saw well over a month's worth of rain over the weekend
As India resumes domestic operations partially after two months of shutdown, 82 flights cancelled on Day 1
The Centre had only allowed limited flights of about one-third capacity of the summer schedule to operate between metro cities and other destinations.
Huawei is trying to ensure stable chip supply from Samsung and SK Hynix
Huawei was put on the Entity List by the U.S. government in May last year and recently, the ban was further extended by another year. A few days ago, the United States tightened export controls in a move that is aimed at limiting Huawei’s access to chip supplies. Now, the Chinese giant is seeking help …
How coronavirus might hit EU defence spending
Among the casualties of coronavirus - worldwide and in the EU - is the defence sector. However, the Covid-19 pandemic has not made the world a less dangerous place and there is no alternative to having a functioning defence system.
China's 'hermit' investors fill doubled oil storage with crude bet
SINGAPORE/SHANGHAI — Chinese financial investors betting on a rebound in oil prices are filling commercial storage tanks held by the Shanghai futures exchange just as fast as the exchange can find them.
Softer rate regime to impact guaranteed-return products
“Yields were in excess of 5% for guaranteed products with maturity of 10-15 years. These products will now have to be redrawn and repriced,” said Sandeep Ghosh, financial sector advisory leader, EY.
Need to convert development into mass movement: NITI Aayog's Rajiv Kumar
There is a need to convert development into mass movement, and India should aspire to become second or third largest economy in the world by 2047, Niti Aayog Vice Chairman Rajiv Kumar said on Sunday.
Lagos closes Marine Beach Bridge for repairs - The Nation Nigeria
The Lagos State Government has announced partial closure of the Marine Beach Bridge by Total Gas, inwards Apapa for five months to pave way for...
CBN sets 2022 deadline for MfBs’ N200m recapitalisation
Central Bank of Nigeria (CBN) has set April 2022 deadline for tier-1 Microfinance Banks (MfBs) to achieve N200 million minimum capital base....
40 Percent of Factories Halt Operations as Business Declines
The Chamber of Mines and Commerce said on Sunday that 40 percent of factories across the country have halted their activities due to a lack of raw material and lack of mark
Natural Gas Price: Futures point to further correction
In light of advanced figures from CME Group for Natural Gas futures markets, open interest extended the choppy activity and shrunk by almost 1.3K cont
People more worried about economic crisis than health issues from coronavirus, finds study
The study - conducted by Centre for Marketing in Emerging Economies (CMEE) at IIM Lucknow - revealed that majority (79 percent) of people are worried and surrounded by a feeling of fear (40 percent) and sadness (22 percent).
US farmers worried as crop prices dip
Market disruptions have been caused by the Covid-19 pandemic.
Closed mosques, no hugs: Subdued Eid celebrations in India as Coronavirus grips nation
With religious places shut due to the COVID-19 pandemic, people across the nation celebrated a subdued and somber eid, striving to 'connect hearts' instead of embracing each other.
Asian stock market: Bears keeping the reins as Hong Kong issue intensifies
With the US-China raw over Hong Kong bill hitting risk sentiment across the board, Asian shares remain depressed ahead of the European session on open
Celeste Barber's record-breaking $51 million bushfire fundraiser cannot be split up and donated to other charities, the Supreme Court has ruled
The amount raised may have broken fundraising records, but the $51.3 million raised by Celeste Barber remains bound to the law.
'You can drink, but you can't smoke,' Cyril Ramaphosa tells South Africans as lockdown is relaxed
South Africans will be allowed to buy and sell alcoholic beverages on June 1 after a ban on liquor that lasted more than 60 days.
Western Area grabs big stake in rival nickel miner
There's a fresh twist in the saga over the future of Zeta Resources, Andrew Forrest-backed nickel miner Panoramic Resources.
NNPC lists parameters for employment, career progression; makes new top appointments
Explaining the parameters, NNPC Group General Manager, Group Public Affairs Division, Dr. Kennie Obateru, stated that the basic academic requirement for newly employed Graduate Trainees in the corporation is a minimum of a Second-Class Upper Division or an Upper Credit for Higher National Diploma certificate holders
ITC Spice Business To Strengthen With Acquisition of Spice-Maker Sunrise Foods
ITC has entered into a share purchase agreement to acquire 100 per cent of the equity share capital of Kolkata based spice maker Sunrise Foods Pvt Ltd.
Farming column: Welcome dairy support for farmers
We have welcomed the Westminster and Welsh Governments' announcements to help support dairy farmers overcome the impact of the coronavirus outbreak.
Firms invited to virtually network
Shrewsbury Business Chamber is inviting its members, supporters and also guests from other businesses in the community to join it for a virtual networking event.
Ab ki baar, Atmanirbhar: Modi’s mega package is an economic masterstroke
Pandemics, in the past, were notorious for taking away lives. But, coronavirus, or Covid-19, has snatched away livelihood too. With the global economy suffering from an unprecedented crisis, India, which is under lockdown from the last week of March, is no exception. Continue Reading →
Plant-based 'meats' catch on in the COVID-19 pandemic
Meat industry's troubles may have provided a boost for plant-based meat substitutes
Indian Fintech Zaggle Teams Up With Visa to Develop Payments Solutions for Local Startups and SMEs
Indian Fintech firm Zaggle has teamed up with Visa in order to support various payments solutions for SMEs. Both companies will work cooperatively to develop
Library users turn to Australian authors as digital usage jumps
The annual Civica list of books borrowed from local libraries shows Australian writers are the most popular.
Coronavirus: Why you should not dump a mask on the roadside in the UAE
A look at the health, environmental and other implications; plus, are reusable masks good?
Library users turn to Australian authors as digital usage jumps
The annual Civica list of books borrowed from local libraries shows Australian writers are the most popular.
Short-term rates fall by 30 bps, ease working cap stress
Corporate bond yields dipped 10-25 bps while CP rates plunged up to 20-30 bps lower than levels seen earlier before the impromptu central bank policy announcement last week, dealers said.
Sanity, at last, in government’s lockdown plan
Compare the draft regulations leaked over the weekend to the original “framework for sectors” published for comment and it's clear that these are level 3 in name only; we’ve all but skipped right to level 2.
Israeli plane lands in Turkey for first time in 13 years, says El Al
On Sunday, El Al's Dreamliner aircraft, converted to carry cargo, landed in Istanbul. It was loaded there with 24 tonnes of humanitarian coronavirus equipment, destined for Israel and the US
Lagos to close Marine Beach Bridge for five months
The Lagos State Government announced a plan to effect partial closure of the Marine Beach Bridge, Apapa, to vehicular movement, from May 27 to October 21.
Receivers appointed to Mayfair 101 companies, with more than $85m investor funds at risk
Move on owner of Dunk Island comes after company failed to make $3m in loan repayments to IPO Wealth Fund
COVID-19 presents opportunity to boost African economies, says Elumelu
The Chairman, United Bank for Africa (UBA) Plc, Tony Elumelu, has stated that the coronavirus pandemic presents an opportunity to reset the....
Regal, Tribeca-backed Trident Resources mulls spearing the ASX
There could be a new type of mining exposure heading Down Under before too long.
Virus-hit Fiji Airways cuts workforce by half
Fiji Airways lays off 758 staff, while those remaining would face a permanent pay cut of 20%
How HomeServe has had to adapt to ensure it is there for customers
The boss of home repairs firm HomeServe today paid tribute to the efforts of his staff to ensure essential emergency work is carried out in people’s homes.
Westpac's lagging view of credit risk 'challenging'
Controversial review of Westpac systems found its inability to generate timely and granular commercial property risk data a particular problem.
Bayer reaches deals on big share of 125,000 roundup weedkiller suits
Bayer AG has reached verbal agreements to resolve a substantial portion of an estimated 125,000 U.S. cancer lawsuits over use of its Roundup weedkiller, according to people familiar with the negotiations.
Gulfport Energy: Stock Appears To Be Overvalued Now Due To The Still High Restructuring Risk
Gulfport's borrowing base was reduced to $700 million, and it is limited to $20 million for further unsecured note repurchases. It has plenty of liquidity for n
Bengaluru, Chennai among 4 role model cities in handling COVID-19
Bengaluru, Jaipur, Indore and Chennai have been identified by the Centre as possible role models for other cities in handling COVID-19.
Dancing with disinfectant: China’s nightclubs back in the groove
SHANGHAI, May 25 — Nightclubs in China have mostly come back to life as owners and customers feel increasingly comfortable the novel coronavirus epidemic is under control, but disinfectant, disposable cups and masks have become part of the experience. At 44KW, a club for electronic music lovers...
TTD to auction 50 immovable properties in TN, Andhra
Tirumala Tirupati Devasthanams (TTD) has decided to auction 50 immovable petty properties located at different places in Tamil Nadu, Andhra Pradesh and Rishikesh in Uttarakhand, a top functionary of TTD said on Sunday. Continue Reading →
China's trillions towards tech won't buy dominance
China wants to bring technology into its mainstream infrastructure build-out and, in the process, heave the economy out of a gloom due only partly to the coronavirus.
Hertz files for bankruptcy after rental-car demand vanishes
Drop in used-car sales compounds financial woes.
Bloodied Mayfair tries recruiting investors against ASIC
The upstart investment outfit, which owns Dunk Island, also claims the appointment of receivers to one entity is "premature and imprudent".
‘Hard to See’ Hong Kong Remaining the Asian Financial Center if China Takes Over
Sunday on NBC’s “Meet the Press,” White House National Security Adviser Robert […] More
Forex Today: Dollar in demand amid high Sino-American tensions, thin liquidity expected
Here is what you need to know on Monday, May 25: The new week has kicked off with dollar strength as the US and China have kept tensions high. Thin li
40 Percent of Factories Halt Operations as Business Declines
The Chamber of Mines and Commerce said on Sunday that 40 percent of factories across the country have halted their activities due to a lack of raw material and lack of mark
Shropshire village shop marks 10th birthday but 'lifeline' service continues
Set up following the 2008 recession to support a small village between Newport and Market Drayton, the Cheswardine Community Shop marked its 10th anniversary under lockdown, when the lifeline it provides to villagers is more clear than ever before.
Library users turn to Australian authors as digital usage jumps
The annual Civica list of books borrowed from local libraries shows Australian writers are the most popular.
How HomeServe has had to adapt to ensure it is there for customers
The boss of home repairs firm HomeServe today paid tribute to the efforts of his staff to ensure essential emergency work is carried out in people’s homes.
Is today a bank holiday and when is the next one?
Planning ahead can help you get the most out of the next bank holiday.
Virus vaccine maker's bubble bursts after stock crashes
The bubble continued to burst in shares of CanSino Biologics Inc., which fell a record 28% Monday even after positive early data on its COVID-19 vaccine candidate.
Aston Martin chief to leave, Mercedes-AMG CEO to replace him: source
(Reuters) - Aston Martin (AML.L) Chief Executive Andy Palmer is leaving the business as part of a management shake-up and will be replaced by Tobias Moers, CEO of Mercedes-AMG, a source familiar with the matter told Reuters on Sunday.
Dearly departed: 9 big sedans that simply couldn't survive South Africa
After a mere two years, the Volkswagen Arteon has been discontinued in South Africa. We look at other big sedans that failed to survive here...
This Week: New home sales, US GDP, consumer spending
A look at some of the key business events and economic indicators upcoming this week:
Josephine Teo waives S$1,000 donation demand over corruption allegations
Josephine Teo waives S$1,000 donation demand over corruption allegations
Bharti Airtel parent eyes $1 bn from stake sale to pay off loans
Move to help telco clean up debt overhang as promoter debt also impacts ratings
Migrant workers leave for Jharkhand, Odisha from Dindigul
DINDIGULAbout 1875 migrant workers belonging to Jharkhand and Odisha were seen off in two special trains here on Monday.Forest Minister Dindigul C Srinivasan, Collector M. Vijayalakshmi and other seni
Rushed log legislation deserves the chop - Federated Farmers
Federated Farmers and the Forest Owners Association are joining forces to condemn the Log Brokers Bill as a Trojan horse to potentially force farmers and foresters to subsidise local processing industries from reduced export earnings.
Venkaiah Naidu reviews preparedness of LS, RS secretariats for meetings
On Saturday, Naidu discussed the issue with Lok Sabha Speaker Om Birla, Parliamentary Affairs Minister Prahlad Joshi, and senior officials of the two Houses
Ministry directs educational institutions to pay staff
Kampala, Uganda | THE INDEPENDENT | The Ministry of Education and Sports has directed all private education institutions to duly pay their staff. Teachers and other workers in some educational institutions have reportedly gone two months without receiving their due salaries while several institutions had resorted to paying them lesser percentages with others completely suspended. …
McBride: A European COVID-19 Winner, But Basic Challenges Remain
COVID-19 has actually helped Europe's largest private label household products company, McBride. The company has struggled to sustain a decent profit margin for
Coronavirus impact: Suzuki Motor Gujarat resumes operations
Suzuki Motor Gujarat has resumed manufacturing operations at the Hansalpur plant while adhering to all the safety guidelines and precautionary measures to fight the spread of Coronavirus.
CPF, HDB, IRAS to resume operations at service counters from Jun 2, by appointment only
SINGAPORE: Selected government service centres will resume operations from Jun 2, but by appointment only, as Singapore exits the COVID-19 ...
Covid-19: France's health workers to get ‘significant’ pay rises
Prime Minister Edouard Philippe said Monday that health workers would soon get hefty pay increases as part of an overhaul of France's hospital system in response to the coronavirus crisis.
Five business groups urge Ontario to halt commercial evictions during pandemic
Five business groups called on the Ontario government on Monday to impose a commercial eviction moratorium during the COVID-19 pandemic, saying many small and medium-sized businesses are at risk of closing.
Half of UK drivers say they will walk more to maintain cleaner air after the coronavirus pandemic, survey reveals
Half of UK drivers say they will walk more to maintain cleaner air after the coronavirus pandemic, according to results of a survey by motoring association AA.
UFC on ESPN 9: ‘Woodley vs Burns’ multimedia live stream | Fight week
We’ll share all the important UFC on ESPN 9: "Woodley vs. Burns"-related fight week news and notable social media activity right here in this up-to-date stream.
‘An opportune time to invest in markets’
Clarity on economic recovery to unfold over 2 quarters: Reliance Securities CEO
Coronavirus Pandemic Could Bankrupt German FA, Warns Treasurer
German FA treasurer Stephan Osnabruegge warned that the DFB is in the deepest economic crisis of the recent past.
Why cash can save the rural jobs scheme
India is set to spend over ₹1 tn on the world’s largest rural employment programme. Can it be made to work better?.Large work sites should be opened proactively in each panchayat without waiting for applications. Anyone who shows up should be allowed to work and payments should be in cash
Domestic air travel resumes in India after 2 months, 630 flights cancelled
According to aviation industry sources, around 630 domestic flights of Monday were cancelled due to the Centre''s Sunday night announcement that there would be no flights in West Bengal and Andhra Pradesh, and limited operations at major airports such as Mumbai, Chennai and Hyderabad.
Where college debt is riskiest: graduate degrees
If you take on so much debt for undergrad and grad school and then land a job that doesn’t pay at least an equal amount right out of the gate,...
Montreal retailers reopening, with distancing measures in place
Mask-wearing, Plexiglas barriers, frequent disinfecting and no-touch browsing are some of the measures being put in place by retailers as Quebec eases measures to contain the spread of COVID-19.
NCLAT's resolution professional ruling: Several bankruptcy cases face delay
National Company Law Appellate Tribunal (NCLAT) had ordered that a former bank official cannot be appointed as a resolution professional (RP) in a company facing bankruptcy
Mumbai airport handles 47 domestic flights after services resume
Several passengers who had come to the airport to catch early flights were stranded after several airlines announced cancellations. The routes of many flights also had to be re-chalked by the airlines.
Trudeau, Singh pressed on party's decision to access COVID-19 wage subsidy
Prime Minister Justin Trudeau faced multiple questions today on why his party applied for a federal wage subsidy program for organizations facing economic hardship due to COVID-19.
Now, brokers cannot use PoA to transfer client shares
Equity brokers may no longer be able to misuse client shares lying in demat accounts. From June 1, SEBI has discontinued the use of Power of Attorney (PoA) between a client and broker in the equity ma
Maxis offers unlimited 4G Home WiFi for RM108/month
For those without fibre broadband coverage, Maxis has revised its MaxisOne Go WiFi offering and it now provides unlimited 4G LTE data. The data-only plan is going for RM138/month and eligible Maxis customers can enjoy the plan with a RM30/month rebate.
Apprentices needed to work at Sizewell A nuclear reactor site
Four apprentices are being sought to work on one of the country’s oldest nuclear reactors currently being decomissioned on the Suffolk coast.
Coronavirus impact: Toyota will resume production from May 26
Toyota will resume manufacturing operations at its plant in Bidadi from May 26 in a staggered manner to reduce the risk of contracting the Coronavirus.
Trudeau, Singh pressed on party's decision to access COVID-19 wage subsidy
OTTAWA - Prime Minister Justin Trudeau faced multiple questions today on why his party applied for a federal wage subsidy program for organizations facing e
SolarWinds: The Winds Will Change To Lower Revenue Growth For The Next Several Quarters
SolarWinds reported a strong Q1 with revenue growing 15% to $248.5 million, well above expectations for $240 million. Management provided Q2 guidance which only
Ontario used auto dealers expect tough year ahead, prices already down
A new survey of Ontario used auto dealerships shows the market is already under pressure with more pain likely to come.
Japan lifts Tokyo's state of emergency, eyes fresh stimulus
TOKYO (Reuters) - Japanese Prime Minister Shinzo Abe lifted a state of emergency for Tokyo and four remaining areas on Monday after the number of infections fell across the country, but warned that it could be reimposed if the virus started spreading again.
Japan lifts coronavirus emergency in all remaining areas
TOKYO: Japanese Prime Minister Shinzo Abe lifted a coronavirus state of emergency in Tokyo and four other remaining areas on Monday, ending the restrictions nationwide as businesses begin to reopen.
Ethics officer gives Colin Graves clean-chit after Manohar’s loan violation complaint
ICC Ethics Officer has given clean-chit to Colin Graves after thoroughly examining Shashank Manohar’s doubt of ECB trying to manipulate ICC election result. A BCCI official has further stated that it was malpractice played by the current ICC Chairman to remove a contender from the role.
Eid movement restrictions reported in Al Quoz and Dubai Investment Park
Healthcare professional confirms circular, sources also report road closures
Confusion, chaos and cancellations at Delhi's IGI airport on day-1 of flight resumption
The airlines did not even inform us about it through text message or call, claimed many passengers who were left stranded at Delhi's IGI airport.
Hyundai, Ford set to resume car exports
Lockdown impacted carmakers’ shipments
Id-ul-Fitr a low-key affair in city
People celebrate the festival and offer prayers at their homes
Five business groups urge Ford to halt commercial evictions amid COVID-19
Five businesses groups are calling on the Ontario government to impose a commercial eviction moratorium during the COVID-19 pandemic.
Bayer, Lufthansa drive gains in Europe amid holiday-thinned trading
European stocks rose to kick off the week on Monday, albeit with the action thinned by holidays in the U.K. and the U.S.
Canada's banks to cement status as solid investments in a crisis
(Reuters) - Canadian banks, whose dividends yields climbed during the financial crisis, are again gaining favor with investors, as their pledges to maintain payouts gives them an edge over global counterparts who have shunned them.
Five Below: Growth At A Reasonable Price
Management estimates the market can handle 2,500 stores. At recent prices, there is an opportunity to buy growth at a reasonable price. We see potential for a 2
Covid-19 unemployment payment could result in tax bill for recipients
The Government is reminding anyone receiving the Pandemic Unemployment Payment, instituted as an emergency response to layoffs made in the wake of the Covid-19 crisis, that they could face a tax bill at the end of the year.
Hacker extorts online shops, sells databases if ransom not paid
More than two dozen SQL databases stolen from online shops in various countries are being offered for sale on a public website. In total, the seller provides over 1.5 million rows of records but the damage is likely much larger.
Lockdown 4.0: Undertaking Domestic Travel to/From Delhi? Follow These SOPs
Lockdown 4.0: The guidelines are for all kinds of travel-air, trains or inter-state buses.
Government to stop maize procurement by month-end
Less than half of estimated maize produce procured so far
Kaduna COVID-19 cash donations reach N1.26bn, says El-Rufai
Kayode Oyero Governor Nasir El-Rufai of Kaduna State has said the cash donations to the State COVID-19 fund have risen to N1.26bn, The PUNCH reports. This is almost double the N641m announced...
India Ups Troop Strength To Combat China's 5,000
New Delhi: As the Chinese Army has deployed over 5,000 of its troops on the Line of Actual Control at different locations in the Ladakh sector, the Indian Army is also increasing presence of its...
Microfinance lenders aim at repayment collection, restoring credit cycle amid rising stress
Microfinance leaders fear extended moratorium may increase stress and derail their robust credit discipline.
Is repurposing MGNREGA the right way forward?
MGNREGA is not the best instrument to help MSMEs in urban and rural areas. Mixing up its objectives can only lead to chaos with no value addition
Police found ammunition for a rifle during search of Larkhall house
A man told them "My stuff, my room, my responsibility.”
Cash levels with fund managers globally highest since 9/11; most do not expect v-shaped recovery
In what can be interpreted as a sign of pessimism across global equity markets, a survey of fund managers across the globe, has shown that cash levels are at the highest level since the 9/11 terrorist attacks.
Five business groups urge Ontario to halt commercial evictions during pandemic
TORONTO — Five business groups are calling on the Ontario government to impose a commercial eviction moratorium during the COVID-19 pandemic.
3 Stocks to Supplement Your Social Security Income
Companies with decent yields with the operations to support their dividends even during an economy-wrecking pandemic are certainly worth considering.
Pub owners take FBD Insurance to court over cover for closures during pandemic
Pub owners have gone to court in a row over insurance cover during the Covid-19 pandemic.
RevoluPAY Now Licensed To Provide Services In Every EU Country
RevoluPAY, a subsidiary of RevoluGROUP, is now able to offer digital banking services to EU member countries with its new PSD2 license.
German government, Lufthansa agree on 9 billion euro aid package
Germany on Monday approved a 9 billion-euro (US$9.8 billion) aid package for stricken airline Lufthansa to keep a major employer going through the turbulence of the coronavirus pandemic. But officials said Berlin was still in talks with the European Union's executive commission about possible conditions.
Bitcoin Hash Ribbons Indicate Post-Halving Miner Capitulation Has Begun
Hash ribbons, an indicator used to depict the health of Bitcoin miners powering the network, has just signaled capitulation for an unprecedented 4th time in thi
Coronavirus could bankrupt German FA, warns treasurer
The coronavirus crisis could "potentially threaten" the existence of the German FA (DFB), its treasurer Stephan Osnabruegge warned Monday.
China demands US withdraw sanctions against blacklisted firms
China urged US officials Monday to undo new sanctions against nearly three dozen companies amid growing tensions between the two nations. The demand came three days after the US Department of Commerce
COVID-19: CREDAI writes to PM, seeks immediate relief for sector
Realtors' apex body CREDAI has written a letter to Prime Minister Narendra Modi, seeking immediate relief measures to tide over the crisis caused by the COVID-19 pandemic. The association, which has
OPKO Health: A Hero Against The COVID-19 Villain But Has To Control Those Expenses Going Forward
The company has been able to rapidly ramp up testing for COVID-19. Its revenue figures are down as sales of its other products have been affected by confinement
Impact of COVID-19: Rethinking The Business Of Fashion
“Fashion is part of the daily air and it changes all the time, with all the events. You can even see the approaching of a revolution in clothes. You can see and feel everything in clothes.” —Diana Vreeland The coronavirus outbreak is first and foremost a human tragedy, affecting hundreds of thousands of people. It […]
Germany's DAX 30 Index: German stocks closes at highest since early March, Lufthansa & Bayer lead the way
The DAX finished the first day of the week at its highest level since the beginning of March. The rally was supported by a better-than-expected Ifo in
NHC watching a new area of possible development off the FL East Coast this week
UPDATE 9 AM 5/26/2020No major changes Tuesday morning as an area of low pressure moves northeast over Central Florida headed toward the Atlantic. The National Hurricane Center is giving this a low chance of developing in the days ahead. Upper level winds, land interaction and dry air are still forecast to inhibit further development.
Developers could pay compensation after class actions from buyers allege GST was incorrectly charged
A Canberra developer has been ordered to pay a woman almost $30,000. This came after a class action where buyers alleged they were incorrectly charged GST.
Woman targeted in lockdown bag snatch as she looks in boot of car
She had her bag swiped off her shoulder as she looked in the boot of her car
NNPC, subsidiaries have 6,621 staff nationwide – Report
In response to speculations about its staff strength, the Nigerian National Petroleum Corporation (NNPC) has disclosed that it currently has
Pros and cons of investing in NPS for retirement saving
National Pension System is an investment product to save for retirement. However, among millennials, very few like to invest in such a product with a long lock-in period but this pension scheme has everything an investor looks for in a retirement plan.
Algorithmic selling risk of your money
OVER my last 32 years, I have seen many a ‘latest fashion’ encourage investors to run toward emptying their bank accounts.
China's Great Wall expects mild domestic auto sales growth in H2
BEIJING — Great Wall Motor expects China’s overall auto sales in the second half this year to return to the same level as last year, its president said, as the world’s biggest auto market recovers from a coronavirus-driven low.
Millions of trees to be planted after bushfires
The plan is to get state-owned pine plantations back to pre-bushfire levels of stocked trees within a decade.
Current equity losses underline why planned exit from investment is important
In investing, the level at which you invest is just as important as the value when you exit.
Small-Cap Crypto Assets Are Outperforming Bitcoin: Here’s Why This Will End Soon
Over the past few weeks, small-cap crypto assets — altcoins — have been outperforming the market leader in Bitcoin. But there are clear technical and
Army denies reports of detention of Indian soldiers by China
NEW DELHI: Denying the reports of detention of Indian troop by Chinese Army, Indian Army on Sunday issued a formal denial on the issue. On Saturday, the Army had termed the media reports about detention of an Indian troop as “inaccurate”. Amid tensions simmering in Ladakh at four places at the Line of Actual Control […]
USD/CNH Price Analysis: Symmetrical triangle breakout on daily chart
USD/CNH gained ground on Friday as the escalating US-China tensions over Hong Kong weighed over the offshore Yuan. The pair closed at 7.1452, confirmi
Mercedes-AMG boss tipped for top job at Aston Martin
The British brand's relationship with Mercedes may become stronger according to international reports.
From the Archives, 1971: Qantas pays $500,000 ransom in mid-air bomb hoax
In 1971, Qantas paid a $500,000 ransom when the mysterious "Mr Brown" threatened to destroy a Boeing 707 jet carrying 128 people from Sydney to Hong Kong.
The federal government's $60 billion in JobKeeper savings could be used to prop up vulnerable sectors like tourism – but casuals and visa workers will again miss out
Having discovered an accounting error $60 billion in its favour, the Morrison government is ready to go spending.
As lockdown clears the air, Cairo looks to keep pollution low
By Menna A. FaroukCAIRO, May 25 (Thomson Reuters Foundation) – It is a Thursday evening in downtown Cairo, usually a crowded and noisy time as the weekend gets underway.
New rules of personal finance: How COVID has changed income, spending, saving, investing
In the new world, across segments, income has vanished, reduced or has settled at a new low. The risk to income means families have learned to cut back on spending. Saving and investing are in the background as activities that represent a forgotten luxury.
GoI extends validity of vehicle documents till July 31
NEW DELHI: The Government on Sunday said it has extended the validity of various motor vehicles related documents till July 31. No additional or late fee will be charged for delays in validation of documents pending from February 1, it said. “In order to facilitate citizens during COVID–19, Ministry of Road Transport and Highways (MORTH) […]
Japan looking to end Tokyo's state of emergency, eyes fresh $930 bln stimulus
TOKYO — Japan is looking to lift a state of emergency for Tokyo and remaining areas still facing restrictions while also considering fresh stimulus worth almost $1 trillion to help companies ride out the coronavirus pandemic, Nikkei reported on Monday.
COVID-19: US coronavirus death toll rises by 638 in 24 hours
Relatively small increase means US toll now stands at 97,686
Tax opportunities and tax risk management strategies during a crisis
QUESTION: I have had to furlough most of my staff as my business has had very little turnover over the last two months.
Last 10 days, positivity curve begins to steepen
The latest trends come as India ramps up testing from under 30,000 daily in mid-April to over 1 lakh tests now. More than 6000 new cases have been reported for the last four days in a row.
Even as virus eases, the worst may be yet to come for Abe
Japan’s coronavirus emergency was coming to an end, but Prime Minister Shinzo Abe’s political troubles may be just beginning.
India may register recession in third quarter of this fiscal: Report
The Indian economy is likely to slip into recession in the third quarter of this fiscal as loss in income and jobs and cautiousness among consumers will delay recovery in consumer demand even after the pandemic, says a report.
Once-in-a-decade storm hits Australia
In the Perth metropolitan area, electricity supply to about 37,000 homes and businesses was impacted by the storm
Air New Zealand reopen Koru lounges: What airport lounges will be like after coronavirus pandemic lockdown
New hospitality rules designed to prevent the spread of Covid-19 will make lounges a different experience for travellers.
USD/JPY: Off intraday top, still above 107.00, as trade sentiment dwindles
USD/JPY retreats from the intraday high near 107.80 to 107.65 amid the early trading session on Monday. Although news of Japan’s likely removes of sta
China's Great Wall expects mild domestic auto sales growth in second half
BEIJING (Reuters) - Great Wall Motor (601633.SS) expects China’s overall auto sales in the second half this year to return to the same level as last year, its president said, as the world’s biggest auto market recovers from a coronavirus-driven low.
Aristocrat agrees to $47m payout to settle smartphone game lawsuits
The Australian pokies giant was hit with lawsuits by US customers who lost money playing with "virtual chips" on its smartphone casino games.
COVID-19 Impact: Transfer outstanding crop loans to govt account, says Maharashtra to banks
A government resolution (GR) dated 22 May instructed banks to show the current outstanding loan of farmers as the dues of the state government.
Welcome to Puerto Rico, now line up for your coronavirus screening | Honolulu Star-Advertiser
SAN JUAN, Puerto Rico >> Known for its world-class beaches, laid-back vibe and status as a natural-disaster magnet, Puerto Rico is hoping to make another name for itself: innovator in pandemic travel.
Top 10 biz headlines: Slowdown blues, coronavirus lockdown impact, and more
Here are the top 10 headlines on Monday morning
Expect to see Tolko’s Kelowna mill looking pretty much the same for months to come
The decommissioning and redevelopment of the Tolko lumber mill site on the waterfront in Kelowna is moving at a snail’s pace.“We’re still
4 More Oil Stocks That Could Go Bankrupt in 2020
These oil companies are on a slippery slope.
The Signal That Preceded Bitcoin’s Drop to $3k in 2018 Is About to Flash Again
Just a week ago, Bitcoin was trading just dollars shy from $10,000. But after rumors (since disproven) spread about Satoshi Nakamoto selling his stash of BTC, t
Two more resource sector raisings out of Canaccord
It's a busy morning for small and microcap resources investors.
Aristocrat agrees to $47m payout to settle smartphone game lawsuits
The Australian pokies giant was hit with lawsuits by US customers who lost money playing with "virtual chips" on its smartphone casino games.
AUD/USD snaps two-day losing streak to extend recovery above 0.6500
AUD/USD remains modestly positive around 0.6540/45, up 0.11% on a day, amid the Asian session on Monday. Although the US-China tension keeps Aussie bu
Oil firms set price hike whopper: P2.30 per liter of diesel
Pump prices could go up this week by as much as P2.30 per liter effective Tuesday to reflect the movement of oil prices in the world market.
Pandemic strands Norway racer in Alaska after Iditarod win
Thomas Waerner and his 16 dogs are waiting to return to his home in Norway after winning this year's Iditarod Trail Sled Dog Race in March.
Wholesale vegetable prices fall sharply by up to 60% during lockdown
Wholesale prices of tomato, onion and other key seasonal vegetables have declined sharply by up to 60 per cent across the country, mainly due to higher production, compression of demand and market disruption amid COVID-19 crisis.
Virus strands Norway racer in Alaska after Iditarod win
ANCHORAGE, Alaska — Thomas Waerner won this year’s Iditarod Trail Sled Dog Race in March, but he is still waiting to return to his home in Norway.
For hard-pressed savers, it's like setting your banknotes alight . . .
Do you know the difference between saving and investing? One means you are probably losing money, the other means you could be gaining.
JA Solar to Showcase New Lineup of PV Modules During Online VR Exhibition
BEIJING, May 25, 2020 /PRNewswire/ -- JA Solar ("the Company"), a leading manufacturer of high-performance photovoltaic products, will hold an onl...
Cancellations spike, bookings drop as states limit air operations
A massive spike in ticket cancellations, along with a drop in bookings, was reported by the aviation industry for Monday’s flights as several states moved to limit air operations.
Casement Park: No agreement on £33m funding gap says Stormont
STORMONT has still not agreed how to plug a £33 million funding gap plaguing the Casement Park stadium project.
Household fragility points to post-COVID pain
New data suggesting two in five households have a buffer of less than one month’s pay if they lose their jobs adds to calls for the government to keep stimulus measures in place.
An Analysis Of Dropbox And Box For The Work-From-Home Era
Box revenues are growing but growth is slowing. R&D could improve the current offering. Quarterly earnings give hope there are still near-term headwinds. Dropbo
AUD/JPY erases gains on lingering US-China tensions
The early risk-on tilt seen in the financial markets has faded, as evidenced by AUD/JPY's pullback from the session high of 70.58 to 70.30. The JPY cr
Pandemic strands Norway racer in Alaska after Iditarod win
Thomas Waerner and his 16 dogs are waiting to return to his home in Norway after winning this year's Iditarod Trail Sled Dog Race in March.
Brands, local and global, get vocal about their Indian roots
According to senior people in several companies The Indian Express spoke with soon after the Prime Minister said that every Indian “has to become vocal for their local, not only to buy local products, but also to promote them proudly”, C-level executives scrambled to come up with a plan to get the brand’s messaging across.
More special trains from Coimbatore for migrant workers
With nearly 37,000 migrant workers leaving Coimbatore district in the last few days by special trains to their home States, another five trains are likely to be operated from here. An official said th
EUR/USD: Bulls need a better-than-expected German IFO Expectations Figure
EUR/USD is looking to extend its two-day losing run on Monday amid the broad-based demand for the American dollar. Even gold, a classic safe-haven ass
Business Live: Domestic flights to resume from today; Jiomart goes live to take on Amazon, Flipkart
Updates from the world of economy, markets, and finance
CEO buys struggling New Zealand media company for $1
The organization Stuff prints many of the nation’s daily newspapers and runs a popular news website of the same name. It employs about 900 staff, including 400 journalists.
Farmers and forest owners bristle at politicians screwing the scrum so that forest owners subsidise the domestic wood processing industry, potentially resulting in trade retaliation from export markets
Farmers and forest owners bristle at politicians screwing the scrum so that forest owners subsidise the domestic wood processing industry, potentially resulting in trade retaliation from export markets
Japan plans to end Tokyo's state of emergency, eyes fresh $930 bn stimulus
Social distancing curbs were removed for most of the country on May 14 as new infections fell, but the government had kept Tokyo and four other prefectures under watch
How coronavirus impacts buyers in real estate market
Notwithstanding the positive outlook for the Nigerian property market in 2020, the COVID-19 pandemic has impacted negatively on the market, leaving property investments in disarray.
CEO buying struggling New Zealand media company for NZ$1
One of New Zealand's largest media organizations is being sold for a single dollar to its chief executive, the owners announced Monday.
Domestic flights resume, passengers complain of flights being cancelled without notice: 10 points
Domestic passenger flights are resuming across airports from today. Most airports are operating 25 flights daily. As passengers queued up outside airports from Sunday night, many complained of flights being cancelled without prior notice.
Heatwave: IMD issues 'red alert' for most North Indian states, asks people to stay indoors
The day temperature in Delhi is likely to touch 46 degrees Celsius by Tuesday, the Indian Meteorological Department (IMD) said, warning that a heatwave would predominate most north Indian states, parts of Maharashtra and Telangana this week.
NZ PM Ardern: Will raise limits on social gatherings to 100 people from May 29
New Zealand PM Jacinda Ardern recently crossed wires, via Reuters, while showing readiness to ease the coronavirus (COVID-19)-led restrictions on soci
GUJCET Exam 2020: Admit card to be released 10 days before exam at gseb.org
Earlier, the examination was scheduled on March 31st, 2020 at various centers in the state of Gujarat but was canceled due to coronavirus outbreak.
Florida can’t stop poor felons from voting, federal judge says
A federal judge declared unconstitutional parts of a Florida law that would require people with felony convictions to pay off financial obligations before regaining their right to vote, paving the way for hundreds of thousands of Floridians to register to vote.
China's pork imports in April jump 170% to record high
BEIJING — China, the world’s top pork consumer, imported a record 400,000 tonnes in April, up nearly 170% from a year earlier, customs data showed, as buyers took advantage of low prices to stock up on meat.
Court rules $51 million RFS donation cannot be distributed to other charities
The extraordinary sum was raised on Facebook by comedian Celeste Barber during the bushfire crisis.
GBP/USD retraces three-day losses below 1.2200 on UK/US holiday
GBP/USD seesaws around 1.2180, up 0.05% on a day, during the pre-European session on Monday. In doing so, the Cable pair snaps the previous three-day
India’s Maharashtra to Start Domestic Flights With Fewer Planes
India’s Maharashtra, home to the nation’s financial hub Mumbai, will resume commercial flights on Monday with reduced domestic services as the state struggles to contain coronavirus infection cases.
Moody’s: Pressure keeps rising for Apac companies as coronavirus impact becomes clearer
KUALA LUMPUR, May 25 — Moody’s Investors Service said about 22 per cent of 476 rated non-financial companies in Asia Pacific (Apac) have high exposure to coronavirus disruptions, up from 20 per cent in March, as the effects of the pandemic on companies’ credit quality have...
iSignthis slams ASX for seeking sensitive details as Visa deal ends
ISignthis confirmed its high-profile relationship with Visa will be terminated, as it blasted the market operator for requesting sensitive details about its relationship with the card giant.
Stock, commodity, bond, forex markets closed today for Eid ul Fitr; to resume trading tomorrow
Wholesale commodity markets, including metal and bullion, will also remain shut
Orix plays intrasquad game as NPB inches toward opening day
The Buffaloes ramped up their preparation for the upcoming season with a practice game on Monday.
‘Never waste a crisis’: inside Saudi Arabia’s shopping spree
The $325bn Public Investment Fund has spent billions on overseas deals this year even as the kingdom’s economy struggles
Rolls-Royce increases price-cuts pressure on suppliers
Big equipment makers turn to strained supply chain for savings
Lockdown: Nightclubs shut, operators dragged to court in Abuja
This was revealed by the Chairman of the enforcement team, Ikharo Attah, on Sunday when he spoke with newsmen
iSignthis slams ASX for seeking sensitive details as Visa deal ends
ISignthis confirmed its high-profile relationship with Visa will be terminated, as it blasted the market operator for requesting sensitive details about its relationship with the card giant.
Domestic flights resume after two months; many say flights cancelled without notice
Domestic passenger flights resumed in India after a gap of two months and the country will see around 600 services on Monday.
Thousands without power in Western Australia after once in a decade storm
Around 50,000 customers were without power on Monday due to storm-related outages after remnants of Cyclone Mangga hit a cold front and brought squalling rain and emergency level storm warnings to the south of the state.
Pound Sterling Price News and Forecast: GBP/USD portrays falling wedge on hourly chart below 1.2200
GBP/USD rises to 1.2191, up 0.15% on a day, during Monday’s Asian session. In doing so, the Cable pair extends its recoveries from Friday’s low of 1.2
Siemens Healthineers: Excellent Company, But The Valuation Doesn't Scan
Healthineers is one of the world’s leading medical technology companies with a leading position in imaging and advanced therapies. Its diagnostics division has
Toronto stock market rally led by cannabis while U.S. stock markets closed
Canada's main stock index posted a triple-digit advance to start the trading week on a broad-based rally led by a resurgence among cannabis stocks.
Group alleges fresh evidence of N25 billion spending on imaginary road repairs by NDDC
Fresh allegation of extra-budgetary spending is rocking the Niger Delta Development Commission (NDDC) as a group has accused the agency of spending N25 billion on regional contingency road repairs not appropriated for in the 2019 fiscal framework.
Home Bargains, B&M and B&Q's opening times today
Full opening hours for the second bank holiday in May 2020
Renault could disappear without a bail out – report
The French brand's 122-year history could be at stake according to a key decision maker.
Domestic flight services resume in India after 2 months amid 630 cancellations
India Business News: Domestic passenger flights resumed in India after a gap of two months. The Delhi airport saw its first departure at 4.45 am to Pune while Mumbai airpo
Foxtel left floundering by streaming rivals
Roy Morgan has released new data showing explosive growth across Australia’s subscription television market from all providers except Foxtel:
Virus obstructs US and UK bids for $800m South Korea helicopter deal
Travel restrictions and spending cuts muddy defence sector outlook
Paper cone, tube manufacturers in dire straits
The paper cone and tube manufacturing sector has been in trouble since the end of 2019.KS Balamurugan, Managing Director, KU Sodalamuthu and Co Pvt Ltd, attributes this to economic slowdown and fallin
Coronavirus crisis provides fertile ground for online fraudsters
Surge in number of scammers exploiting global scramble for protection equipment
Global engines fire up again, Europe makes steady start
Europe, despite reeling under the pandemic, is steadily opening up.
Panic as Buhari probes Abba Kyari’s office, others
A wave of apprehension is sweeping through MDAs as President Muhammadu Buhari begins a probe into the office of the late Chief of Staff Abba Kyari.
Office invasion: Minister, Dabiri-Erewa fight dirty on social media
Adelani Adepegba, Samson Folarin and Ife Ogunfuwa The Chief Executive Officer of the Nigerians in Diaspora Commission, Abike Dabiri-Erewa, and the Minister of Communications and Digital Economy, I...
DMart’s secular rally may pause for a while
The stock's at all-time high and at price to earnings multiple of 120 times FY20 score.
Going viral: Day 57 of being in a COVID-19 lockdown
This is what life is like in social isolation in Ireland
U.S. Sanctions against China Tailwind for Bitcoin’s Bullish Moves
Bitcoin anticipates market growth as White House National Security Advisor Robert O’Brien threatens China with economic sanctions over Hong Kong national
Over 80 flights cancelled in Delhi, passengers slam airlines for no prior intimation
The development comes after few states objected to the Centre’s plan to restart domestic airlines from May 25, following which last-minute changes were amended to the earlier rules on Sunday evening.
Troops eliminate 1,015 insurgents in decisive encounters in North East – Buratai
The Chief of Army Staff, Lieutenant General Tukur Buratai, disclosed this on Sunday when he hosted the troops of Operation Lafiya Dole to Eid-El-Fitr luncheon at Military Control and Command Centre in Maiduguri, Borno State.
Buhari’s aide, others fault N1m fine against British airline
• FG reports carrier to UK authorities Okechukwu Nnodim, Abuja Nigerians, including a senior special assistant to the President, on Sunday, criticised the N1m fine slammed on a British carrier, F...
Severe storm lashes vast expanse of west Australian coast
Tens of thousands of homes and businesses lost power, buildings were battered and trees were uprooted as a vast stretch of the west Australian coast was whipped by a severe storm on Monday for the second straight day. No casualties were reported from what Acting Assistant Commissioner of Western Australia…
Autonomy for state legislature, judiciary: Lawyers, CSOs split over Buhari’s executive order
Mixed views, yesterday, hallmarked President Muhammadu Buhari’s Executive Order granting financial autonomy to the legislature
Gold Price News and Forecast: XAU/USD mildly heavy below $1,750, looks to US-China tension for clues
Gold prices drop to $1,731, print 0.20% loss, intraday low of $1,730.37, by the press time of Tokyo open on Monday. Although fresh risk-off sentiment,
Bayer Reaches Deals on Big Share of 125,000 Roundup Weedkiller Suits
Bayer AG has reached verbal agreements to resolve a substantial portion of an estimated 125,000 U.S. cancer lawsuits over use of its Roundup weedkiller, according to people familiar with the negotiations.
Retail investors throng capital markets during lockdown period, says Reliance Securities CEO
While Covid-19 has been a painful period for all and the lockdown a pressure for most who have been busy and active, it seems to have drawn people to the capital market.Lav Chaturvedi, Executive Direc
iSignthis slams ASX for seeking sensitive details as Visa deal ends
ISignthis confirmed its high-profile relationship with Visa will be terminated, as it blasted the market operator for requesting sensitive details about its relationship with the card giant.
Tamil Nadu allows domestic flight operations, issues SOP for airports
Tamil Nadu, late on Sunday, gave nod for domestic flight operations in the State from today.Flights to Chennai, Coimbatore, Madurai and Trichy are to operate from today. However, incoming flights to b
Some business risks can be prepared for in advance
Corporates will now need to fast track learning from pandemic-enforced disruptions too
Oil price rebound improves investors’ patronage, lifts index by 5.59%
The rebalancing in the oil market, which has resulted in a 94 per cent rebound in crude prices, added to enhanced institutional investors’ patronage in the Nigerian bourse buoyed equities transactions last week, as the All-Share Index...
Seven questions with Stuart Welch
Alphinity's Stuart Welch talks about why Cochlear has been disproportionately hurt during COVID-19, and why he prefers Transurban to Sydney Airport.
CEO buys ailing New Zealand media giant Stuff Limited for one dollar
Boucher joined as a reporter in 1993 and has spent most of her career at the company
Gold Price News and Forecast: XAU/USD down by $6 in Asia, weekly chart shows bullish trend exhaustion
Gold, a safe-haven asset, is flashing red at press time even though the growth-linked currencies like the Aussie dollar are struggling to gain altitud
Belt and Road Initiative affected by COVID-19, but impact is 'temporary': China
Chinese Foreign Minister Wang Yi said that the demand for public health expansion in view of the COVID-19 all over the world will give a new impetus to project expansion.
Derby tea rooms to reopen for takeaways after tough few months
The family-run business was hit by Storm Dennis and then the Covid-19 pandemic
Why House of Representatives resolved to probe Chinese loans
A Peep into the mindset of House of Representatives’ member, Hon. Ben Rollands Igbakpa offers an insight as to why the lower legislative chamber resolved
European consumers stockpile savings, adding to economic drag
Bank deposits surge as households seek to shield themselves from impact of coronavirus
Missing Tasman trampers: Search suspended due to bad weather
They have been missing in Kahurangi National Park for over two weeks.
Asian shares reverse early gains, eyes on China-US trade relations
MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.1% after starting higher with China's blue-chip CSI300 index down 0.2%. Hong Kong's HSI index dived 1.4% to a two-month low after sinking 5.5% on Friday.
Court rules $51 million RFS donation cannot be distributed to other charities
The extraordinary sum was raised on Facebook by comedian Celeste Barber during the bushfire crisis.
How will the economic 'cold war' between China and the US end? - Radio
Jonna Bianco, founder of the American Bondholders Foundation, talks about the ways to solve the crisis between the two powers.
What every Canadian investor needs to know today
A look at the morning’s market action
IDFC First Bank’s senior management takes 10 per cent pay cut in FY21
With economic uncertainty due the national lockdown, IDFC First Bank announced on Monday that its senior management has volunteered to take a 10 per cent cut in compensation in the current fiscal.The
AF’s second LCA squadron to spread wings from Sulur in T.N. on Wednesday
Air Chief Marshal RKS Bhadauria to operationalise the unit
Singaporean cooks up Eid feast for migrant workers in lockdown
As Muslims around the world celebrate Eid al-Fitr to mark the end of the fasting month, thousands of migrant workers in Singapore have had to spend the holiday in quarantine because of outbreaks of
World coronavirus dispatch: US bans travel from Brazil; commerce allowed
From Eid celebrations in the shadow of pandemic, to nightclubs opening in China, and the story behind NYT's May 24 front page - read these and more in today's world dispatch
Latino workers face discrimination over spread of coronavirus in meat plants
Reports of Latinos being refused service after more than 10,000 meatpacking workers, many Latino, contract Covid-19 in the USEthnic minorities have been the hardest-hit by the coronavirus in the US, and now Latino workers are facing fresh difficulty, as they and their communities suffer discrimination
Should we really be blaming second home owners during coronavirus crisis?
One of the things that has occurred to me while the country has been dealing with the single largest health crisis for more than a generation is that number of column inches dedicated to the ownership and use of second homes in Suffolk and across the UK seems disproportionate.
Book sales soar as French lockdown eases
Even so, overall, sales were 60 percent down compared the corresponding period in 2019.
Book sales soar as French Covid-19 lockdown eases
PARIS, May 25 — Book sales in France have soared since the country began to ease its lockdown, rocketing more than 230 per cent in a week, a survey showed today. A study for the trade weekly Livres Hebdo found that from May 11 to 17 bookshops did a roaring trade, with readers desperate to stock...
Snapchat looking to expand India business based on growth in user base: Report
Social media platform Snapchat is eyeing significant growth in its India business owing to a surge in usage, according to media reports.Snapchat’s daily active user base (DAU) in India increased by 12
BDO tops initial list of top taxpayers in 2019
A subsidiary of embattled ABS-CBN also makes it to the initial list of the top 500 taxpayers
US-based Alsco seeks permission for Spotless Laundries
The sale of Spotless Laundries is certainly keeping the minds at the competition regulator busy.
Whistle-blower advocacy group calls for COVID-19 accountability watchdog
Report urges appointment of ombudsperson to probe problems with government’s pandemic response
USD/CAD: Oil to refrain the loonie recovery – CIBC
Oil prices are still sitting at low levels, and the trend back to risk assets looks vulnerable, so analysts at CIBC Capital Markets don’t expect the l
Pilot Of Crashed PIA Plane Ignored Warnings Thrice, Says Report
Security personnel stand beside the wreckage of a plane at the site after an aircraft crashed Karachi: The pilot of … Pilot Of Crashed PIA Plane Ignored Warnings Thrice, Says Report Read More »
Domestic air travel resumes with confusion at airports, cancelled flights
Chaos will make it even harder for airlines to recover from the impact of a two-month lockdown to contain the coronavirus, said analysts.
Aston Martin CEO Being Replaced With Mercedes-AMG CEO
Having struggled over the past several months, the coronavirus pandemic has exacerbated problems for Aston ...
Coronavirus News: Virtual ceremonies planned for Memorial Day
This year's Memorial Day will pay tribute not only to those who died on the battlefield but also those who have fallen during the coronavirus pandemic.
Need to know: Monday
The coronavirus pandemic is dominating global markets, business and politics. Here's our daily take on the most important stories, and some things to watch out for.
Domestic flights resume today, over 80 cancellations at Delhi airport, 20 in Bengaluru
India domestic flights resume: By 10 am, several took to Twitter to accuse national carrier Air India of either cancelling without any prior notice or goofing up departure schedules.
The close: TSX gains as pot stocks soar; Canada’s 10-year bond yield at all-time low
Investors look to an eventual economic recovery, but credit markets may be seeing things differently
Fast Track mergers: MCA keen to extend facility to more classes of companies
asks industry to come up with comprehensive suggestions
Got $5,000? Then Invest It in These Cheap High-Yield Dividend Stocks.
These top-tier businesses boast sustainable yields ranging from 6.8% to 9.9%.
Pubs won’t open until July earliest, warns brewery boss – dashing Brit hopes of enjoying a pint in the sun next month
BRITS hoping to enjoy a freshly-pulled pint next month have been dealt a fresh blow after one of the UK’s biggest independent breweries said there were no plans to reopen pubs until early Jul…
Eid-el-Fitr: Governors, others urge Muslims to remain virtuous
Governors across the country on Sunday felicitated with Muslims on the celebration of Eid-el-Fitr at the end of 30 days of Ramadan fasting.
COVID-19: Fiji Airways cuts workforce by half
Pandemic-hit Fiji Airways fired more than half its workforce Monday, as travel restrictions put the islands
Let’s support farmers and try to keep shopping locally
From milk, meat and vegetable deliveries to the creation of local food hubs, the shop local message seems to have taken on a renewed resonance during lockdown.
40% travel, tourism firms staring at complete shutdown risk in next 3-6 months: Report
The report said that 81% travel and tourism companies have lost their revenue up to 100% while 15% of the companies have witnessed it slide up to 75%
GBP/USD Price Analysis: The upside is likely to remain capped near 1.2200 confluence hurdle
The GBP/USD pair gained some positive traction on Monday and for now, seems to have snapped three consecutive days of winning streak. The pair refresh
'Probably off the cards': NCA backs away from bridge replacement
The National Capital Authority was considering replacing Commonwealth Avenue Bridge
Lagos to close Marine Beach Bridge for five months
The Lagos State Government on Sunday announced a plan to effect partial closure of the Marine Beach Bridge, Apapa, to vehicular movement...
Ex-German Finance Minister Confirms Support for EU Economic Recovery Plan to Tackle COVID-19 Crisis
Last week, German Chancellor Angela Merkel and French President Emmanuel Macron proposed that a hefty recovery fund should be set up to shore up EU economies struggling...
$26M for city staff payroll
The City of Vernon has disclosed its council and staff payroll for 2019, showing over $26 million in total payments for the last calendar year.
Bitcoin Miners in Sichuan Province Ordered to Shut Down in ‘Orderly Manner’
The Chinese province is said to be home to roughly 10 percent of Bitcoin's global hash power.
Bayer shares jump on report of Roundup settlement
FRANKFURT AM MAIN, May 25 — Shares in German chemical giant Bayer rose sharply today after reports it was close to a mass deal with American plaintiffs who say their cancers were caused by unit Monsanto’s Roundup weedkiller. Bayer stock was up around 5.3 per cent at €60.69 (US$66) in...
UNDERCOVER INVESTIGATION: For N16,500, security agents will allow you travel from Lagos to Abuja despite interstate ban
Twenty-four hours to the trip, Otos, a worker at one of the bus terminals in the Jibowu area of Yaba, Lagos, had given all the assurances that there is commercial
Cathay General Bancorp: Upcoming CECL Adoption To Hurt Earnings
CATY has deferred the adoption of CECL, the new accounting standard for loan losses, to later this year. The adoption will boost provision expense in the remain
Man Utd could lose Odion Ighalo next week as Shanghai Shenhua want him back
The Chinese Super League season is due to start next month and talks over extending Ighalo's loan contract have reached a standstill between United and Shenhua
60 days, 56-fold growth: India now second largest PPE manufacturer
According to Invest India, the government company, India has become the second largest maker of PPE kits, considered key to fight Covid-19. It has said India achieved this feat in two months.
Lock your cars! Vehicle theft spikes in COVID-19 pandemic
With more people than ever staying home to lessen the spread of COVID-19, their sedans, pickup trucks and SUVs are parked unattended on the streets, making them easy targets for thieves.
Birmingham City Council owes other councils more than £200m
A council owed other local authorities more than £200 million last year, the seventh highest total of any council in the UK, an investigation shows.
Iran reopens key shrines after two-month virus closure
Iran on Monday reopened major Shiite shrines across the Islamic republic, more than two months after they were closed, as it reported its lowest deaths from coronavirus since March.
Hard times for Boeing, long a symbol of American might
Boeing, a longtime symbol of American industrial power, was unable to raise the funds to finance its business.
HDFC Bank Credit Card, Debit Card Offer: Save up to Rs 2000 on buying AC, refrigerators, coolers online
As part of the offer, HDFC Bank is providing 10 percent Instant Discount with HDFC Bank Credit Cards and Credit/Debit EMI Transactions.
CBSE class 10,12 board exams to be held at 15,000 centres across country: HRD Minister
Union Human Resource Development (HRD) Minister Ramesh Pokhriyal 'Nishank' announced on Monday that the pending class 10 and 12 board exams which were postponed in view of the coronavirus lockdown, will be conducted at 15,000 centres across the country instead of 3,000 centres planned earlier.
Protect bankers’ interest for free flow of credit to small firms: Seshagiri Rao
Banks and their employees are reluctant to extend loans to India Inc unless and until they are given adequate protection from penal action if the loan turns bad at a later stage.Most of the sections o
Vizag gas leak was disaster in waiting as LG Polymers worked in populated area with no clearances for 2 years
The industrial unit of LG Polymers was operating right in the middle of a thickly populated area in Vishakhapatnam without due Environmental Clearance (EC) from authorities.
40% tourism firms staring at complete shutdown risk in next 6 mnths: Report
The report said that 81 per cent travel and tourism companies have lost their revenue up to 100 per cent
CCL Stock Price: Carnival Corp may kick off the short week on a positive note, reasons
Americans are enjoying the long Memorial Day weekend and may have spare time to plan a longer vacation – perhaps on a cruise ship. Scenes of people cr
Employees Provident Fund calculation: How much more you will take-home after PF rules change for COVID-19
EPF calculation: In the CTC salary model, take-home pay goes up by 4% of wages before tax, but for others hike in take-home is at the cost of reduced total salary.
Wolves are at it again, destroying Zimbabwe’s currency
Zimbabwe’s currency Before the lockdown on March 30,was trading around ZW$35 to the United States dollar (USD). Within a week, it had raced to ZWS$45
Sportscar brand Aston Martin could see AMG chief come in as CEO
Incumbent CEO Andy Palmer has had an indifferent run as CEO for some time
PIA crash: Crashed Pakistan plane's pilot ignored 3 warnings to lower altitude
The claim is being made based on an ATC report seen by Geo News
Trade deal with Europe seems a long way off
The government has confirmed that in the absence of a trade deal with the EU27, the UK is ready to operate on the basis of global World Trade Organisation tariffs.
Nigeria's economy grows by 1.8% in first quarter of 2020
It is the slowest quarterly growth rate in one-and-a-half years, and comes as Nigeria has still not recovered from a 2016 recession that sent more than 13 million people into unemployment.
Alpaca-rearing business granted green light for permanent workers’ house
A mobile home in the Green Belt can now be replaced by a permanent house so that a rural worker can stay on site to supervise an alpaca herd.
Western Australia hit by 'once-in-a-decade storm'
About 47,000 of homes and businesses were left without power across the state of Western Australia on Sunday, as a severe storm brought wind speeds of more than 100km/h (60 miles per hour), according to officials.
Adobe’s top tips to adapt your commerce strategy during the pandemic
Making clear and factual statements, meeting customer commitments, and ensuring business and operational continuity is more important than ever
Madagascar: Sahofika hydropower BOOT scheme to get 4 million Euro loan
The Sahofika hydropower project entails the construction of a 205MW hydroelectric power plant on a Build-Own-Operate-Transfer basis.
Harte Gold: Digging Into The Q1 Results
Harte Gold released its Q1 results last week, with quarterly gold production hitting a record high near 8,600 ounces. While this is a step in the right directio
British Airways 'to axe thousands of cabin crew workers and rehire them on half the pay'
The airline, which has been slammed by unions over the past 24 hours, is reportedly in talks for a new restructing just weeks after confirming plans to sack 1,130 pilots
Asian shares tick up, eyes on China-US trade relations
Analysts expect trading to be subdued with United States and UK markets shut for public holidays.
‘Please don’t come to Goa,’ urges CM Pramod Sawant, says hotels shut
Sawant also said that most of the people arriving in Goa will either be returning to their own homes or second homes or were expected to stay with their relatives in the state.
Opinion: Canada must divide its military resources along foreign and domestic lines
Regular force members should be optimized for activities beyond our borders, while reserves are directed to roles at home
India’s wheat procurement surpasses last year’s level of 34.1 mn tonnes despite COVID hurdles | Economy News
New Delhi: The government’s wheat procurement so far in the 2020-21 marketing year has surpassed the last year’s 34.13 million … India’s wheat procurement surpasses last year’s level of 34.1 mn tonnes despite COVID hurdles | Economy News Read More »
CBIC clears Rs 11,052 cr GST refund claims since April 8
Refunds have been sanctioned while ensuring work from home, it added. The finance ministry had on April 8 said that to provide relief during COVID-19 it has been decided to issue all pending GST and custom refunds which would benefit around 1 lakh business entities, including MSME.
Africa’s energy potential can create opportunities amidst COVID-19
The AU Commission and IRENA say that the energy potential in Africa can turn the COVID-19 crisis into an opportunity for the continent and its population.
NZD/CAD: Downside Pressure Likely
NZD/CAD is a risk-neutral pair, owing to the fact that both NZD and CAD are often considered commodity currencies. Since CAD is more exposed to the oil market,
Asia stocks mostly up on coronavirus lockdown easing but Hong Kong extends losses
Most Asian markets rose Monday as a further opening up of economies from lockdown offset worries over worsening China-US tensions, while Hong Kong sank again after the city was rocked by protests at
Senior Citizen Savings Scheme (SCSS), FD to GoI Bonds: Top investment options for senior citizens
Best investment options for senior citizens during Coronavirus pandemic: Check out investments that can be done online without having to go out.
Fresh air will be a hot amenity in reopened offices — if companies can afford it
Not long ago, office landlords competed for tenants by advertising spacious roof decks and fancy exercise rooms.
Health, leisure worst hit by 'double dipping' ruling
A Credit Suisse analysis has found a ruling that grants regular casuals paid leave could see some industries' holiday pay bill climb by hundreds of millions of dollars.
'Archie's woods!' Prince Harry and Meghan Markle fans plant 530 trees to transform a former New York farm into a fledgling forest after raising money to celebrate the royals' conservation work
Prince Harry, 35, and Meghan Markle, 38, fans have revealed how they transformed a 'once abandoned farm in upstate New York' with hundreds of trees planted in the couple's name.
Cyclone Amphan: Kolkata residents continue to stage protest to restore power, water supply
Protests continued in parts of the city over restoration of electric and water supply five days after cyclone Amphan wreaked havoc in the city. However, the state Home Department on Sunday said that power had been restored in several areas of Kolkata.
FEC shrugs off market worries over Bourke Street tower
Of eight construction projects in Melbourne given the green light on Monday, four involved crucial amendments to existing permits.
Germany stamps authority on Lufthansa with $9.8 billion lifeline
Germany threw Lufthansa a 9 billion euro ($9.8 billion) lifeline on Monday, agreeing a bailout which gives Berlin a veto in the event of a hostile bid for the airline. Lufthansa has been locked in talks with Berlin for weeks over aid it needs to survive an expected protracted travel slump, with the