Economy 1188
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

25 May 20:03 Premium Times Nigeria 5456729300923709558.html
Hard times for Boeing, long a symbol of American might

Hard times for Boeing, long a symbol of American might

25 May 20:10 The Independent 5308065341869738605.html
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

25 May 20:57 Seeking Alpha 5725634556209609022.html
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.

25 May 20:48 KitchenerToday.com 52741009084975405.html
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

25 May 20:26 Seeking Alpha 5725634557822006737.html
Last Chance To Board The Microsoft Train

Microsoft trades near all-time highs and this may have investors wondering if the stock is still a good buy. Through our DCF valuation, we propose two scenarios

25 May 20:08 Seeking Alpha 5725634556888368527.html
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

25 May 20:10 The Globe and Mail 68426410966576483.html
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.

25 May 20:37 euronews 7318238121821860353.html
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.

25 May 20:25 Reuters 8334514179830651345.html
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

25 May 20:21 Financial Post 2379081492849975850.html
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…

25 May 20:55 myGC.com.au 214966661862788233.html
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

25 May 20:02 Crowdfund Insider 6834688072687384166.html
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.

25 May 20:47 KitchenerToday.com 52741008704819066.html
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. 

25 May 20:50 manilastandard.net 4715274785830176662.html
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.

25 May 20:00 manilastandard.net 4715274785257917641.html
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

25 May 20:14 FXStreet 4480975638357248036.html
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.

25 May 20:58 Reuters 8334514180648114895.html
Ethereum’s Macro Bear Structure Strengthens as Analysts Eye a Massive Decline

Ethereum's poor performance against BTC has spilled over into its USD pair as well, causing it to flash some notable signs of weakness.

25 May 20:00 Bitcoinist.com 1696346936235391372.html
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.

25 May 20:10 Financial Post 2379081491758394235.html
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.

25 May 20:37 UPI 8257973864762215941.html
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

25 May 20:30 Ft 707176889976847820.html
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.

25 May 08:51 The Indian Express 2885715103889452336.html
Fans create beer to celebrate Dundee United promotion – and support charity during coronavirus

A craft beer made specially for the play about the life of Dundee United legend Jim McLean, has been given a new lease of life supporting a local charity during the coronavirus outbreak.

25 May 08:37 The Courier 4275302767158039775.html
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...

25 May 08:32 Malaymail 302165934451604065.html
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.

25 May 08:30 The New Daily 5848147786572572040.html
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

25 May 08:59 FXStreet 4480975640126861882.html
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.

25 May 08:00 Scroll.in 8669301693800221000.html
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.

25 May 08:56 TechRadar 2111116915972753380.html
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?

25 May 08:02 PYMNTS.com 7357138825621020328.html
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.

25 May 08:42 Reuters 8334514179702850184.html
View: China's crypto is all about tracing — and power

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

25 May 08:07 The Economic Times 7653256037969055148.html
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.

25 May 08:51 Firstpost 4760741711921305131.html
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.

25 May 08:40 SCOOP 5315658999876182309.html
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.

25 May 08:26 Australian Financial Review 3974284487588421606.html
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 »

25 May 08:07 ISSCNC 6824315489920024239.html
'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.

25 May 08:48 Brisbane Times 2314609339872287020.html
Eir sells its towers for €300m

Eir, the country’s largest telecoms provider, has sold its tower infrastructure company to Phoenix Tower International for €300m.

25 May 08:48 independent 5894610844844664400.html
Tasty pursuits! What consumers are turning to when restaurants are shut

The demand for snack items is up, but can manufacturers keep up?

25 May 08:50 The Financial Express 1288289581382472289.html
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.

25 May 08:23 Financial Post 2379081492445525022.html
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.

25 May 08:08 The Economic Times 7653256037419500726.html
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

25 May 08:04 FXStreet 4480975638193571158.html
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.

25 May 08:43 Brisbane Times 2314609339261176961.html
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

25 May 08:12 Business Today 1145527432045493084.html
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...

25 May 08:00 The Courier 3604583735745127932.html
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 …

25 May 08:39 Gizmochina 1751854815972111791.html
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

25 May 08:04 Seeking Alpha 5725634557088037255.html
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

25 May 08:51 The Financial Express 1288289581317484077.html
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.

25 May 08:45 Bloomberg.com 4032480121539141145.html
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

25 May 08:21 Business Today 1145527431225329374.html
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...

25 May 08:19 The Seattle Times 9121942837931236493.html
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.

25 May 08:09 Australian Financial Review 3974284487826809467.html
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

25 May 08:43 Business Today 1145527431335459939.html
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

25 May 08:47 Android Headlines 8385692876898005187.html
'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.

25 May 08:48 WAtoday 6806590900318476588.html
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

25 May 08:11 The Financial Express 1288289579832472733.html
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

25 May 08:26 FXStreet 4480975640128729755.html
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 »

25 May 08:21 ISSCNC 6824315491376081266.html
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.

25 May 08:57 Australian Financial Review 3974284486725172055.html
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....

25 May 08:21 Malaymail 302165936159417514.html
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

25 May 08:10 FXStreet 4480975638887851304.html
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

25 May 08:14 TheCable 7513571674981622189.html
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.

25 May 08:00 PYMNTS.com 7357138826005703786.html
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.

25 May 08:43 The Age 7967730562242104449.html
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

25 May 08:45 The Globe and Mail 68426411745609706.html
Mastercard sees 200% jump in contactless payments, says it is healthiest option now

During the pandemic, Indians have started rethinking how to handle the cash, as many fear currency notes might be an easy vehicle in spreading the infectious disease.

25 May 08:52 The Indian Express 2885715104555593581.html
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.

25 May 08:46 The Economic Times 7653256036872436155.html
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

25 May 08:44 FXStreet 4480975638621112580.html
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 […]

25 May 08:45 Modern Diplomacy 4563921198845170007.html
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.

25 May 08:01 TechCentral 724913819294250702.html
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.

25 May 08:08 independent 5894610846142620164.html
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.

25 May 08:03 PYMNTS.com 7357138826604205031.html
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.

25 May 08:43 WAtoday 6806590899707366529.html
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

25 May 08:33 FXStreet 4480975638488293850.html
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.

25 May 08:18 Australian Financial Review 3974284488084481107.html
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 ...

25 May 08:50 CNA 5644198863980302713.html
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

25 May 08:54 FXStreet 4480975639354717046.html
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

25 May 08:24 FXStreet 4480975639272910695.html
'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.

25 May 08:48 The Age 7967730562853214508.html
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

25 May 08:58 Business Today 1145527431969620429.html
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.

25 May 13:04 Pulse Live 3606876836174887153.html
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

25 May 13:01 Yahoo 7097669637072481091.html
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.

25 May 13:59 The Age 7967730563100190969.html
Chief Scientist clashes with Lucy Turnbull over 'shipping sunshine'

Former Lord Mayor Lucy Turnbull and Chief Scientist Alan Finkel debated Australia's energy future on Q+A. They agreed on the end goal but not how to achieve it.

25 May 13:04 WAtoday 6806590899035948815.html
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

25 May 13:14 The Hindu 6679535025761973164.html
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...

25 May 13:03 Malaymail 302165935625866993.html
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

25 May 13:53 FXStreet 4480975638932103356.html
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.

25 May 13:30 The Canberra Times 8662394329804127400.html
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

25 May 13:54 iNFOnews.ca 6669504244626796241.html
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 […]

25 May 13:18 Markets Daily 6922190228489413726.html
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

25 May 13:21 Crowdfund Insider 6834688072252952060.html
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.

25 May 13:55 Rappler 1882105642766046035.html
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 […]

25 May 13:54 Markets Daily 6922190228068075267.html
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.

25 May 13:56 Reuters 8334514181714389242.html
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.

25 May 13:23 Firstpost 4760741712462355302.html
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 […]

25 May 13:54 Markets Daily 6922190227597194137.html
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 […]

25 May 13:18 Markets Daily 6922190227275306829.html
Microsoft's Memorial Day sale 2020: here are the 7 best deals

Microsoft's Memorial Day sale is underway, and we've rounded up the six best deals on laptops, Xbox One consoles, tablets, and more.

25 May 13:08 TechRadar 2111116915844853507.html
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

25 May 13:34 Reuters 8334514180607642799.html
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.  

25 May 13:27 Swarajya 4977622830294415722.html
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 […]

25 May 13:08 Markets Daily 6922190227563258769.html
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.

25 May 13:30 The Canberra Times 8662394329991942996.html
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 […]

25 May 13:27 Markets Daily 6922190228289425633.html
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.

25 May 13:53 Vanguard News 4125100340685670179.html
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.

25 May 13:37 New York Post 7654946767525910728.html
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 […]

25 May 13:08 Markets Daily 6922190227629114086.html
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’...

25 May 13:36 Malaymail 302165934636682336.html
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.

25 May 13:12 The Financial Express 1288289581249431894.html
NAB's rod for its own back

NAB will reveal the results of a share purchase plan that might be heavily oversubscribed on Wednesday.

25 May 13:30 Australian Financial Review 3974284487441037269.html
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.

25 May 13:32 TechCentral 724913819441708283.html
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

25 May 13:13 BusinessLine 5283600132272718.html
Chief Scientist clashes with Lucy Turnbull over 'shipping sunshine'

Former Lord Mayor Lucy Turnbull and Chief Scientist Alan Finkel debated Australia's energy future on Q+A. They agreed on the end goal but not how to achieve it.

25 May 13:04 Brisbane Times 2314609338589759247.html
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....

25 May 13:00 Business Insider 3364799146630454680.html
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.

25 May 13:47 Reuters 8334514179695308636.html
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.

25 May 13:03 Irishexaminer 8196011178301328582.html
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).

25 May 13:54 Finance Magnates 8992138265841184731.html
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 […]

25 May 13:40 Markets Daily 6922190226977262902.html
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 […]

25 May 13:06 Markets Daily 6922190227999535087.html
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.

25 May 13:26 The Jakarta Post 7678601103714124089.html
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 ...

25 May 13:16 Bulawayo24 News 5565663538559378149.html
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

25 May 13:12 FXStreet 4480975639825422469.html
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...

25 May 13:25 Malaymail 302165934755692849.html
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

25 May 13:27 Seeking Alpha 5725634556018941600.html
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

25 May 13:52 FXStreet 4480975638906034117.html
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 […]

25 May 13:08 Markets Daily 6922190227501994664.html
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.

25 May 13:51 The Financial Express 1288289581111711758.html
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.

25 May 13:50 KitchenerToday.com 52741010222503196.html
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 […]

25 May 13:08 Markets Daily 6922190228634683974.html
Chief Scientist clashes with Lucy Turnbull over 'shipping sunshine'

Former Lord Mayor Lucy Turnbull and Chief Scientist Alan Finkel debated Australia's energy future on Q+A. They agreed on the end goal but not how to achieve it.

25 May 13:04 The Age 7967730561570686735.html
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...

25 May 13:11 Malaymail 302165936324961359.html
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 …

25 May 13:41 english.mubasher.info 8917853138645801494.html
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.

25 May 13:59 Brisbane Times 2314609340119263481.html
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 […]

25 May 13:08 Markets Daily 6922190227072489623.html
Amazon Handmade launch Rainbows of Hope storefront in support of NHS

There are 20 products available in the range with a portion of sales going to NHS Charities Together

25 May 13:42 dailyrecord 552235480457383289.html
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

25 May 13:33 Seeking Alpha 5725634556170596676.html
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 ...

25 May 13:20 phys.org 3476726123576808651.html
Supplies of smartphones, tablets, laptops hit due to lower production & distribution workforce

Two senior industry executives said brands like Apple, Xiaomi, Oppo, Vivo and Realme are facing supply issues with operational plants running at 30-35% capacity and several warehouses are not able to operate normally.

25 May 13:33 The Economic Times 7653256036928665429.html
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.

25 May 13:13 First Post Of India 844080066795974639.html
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

25 May 13:28 FXStreet 4480975639504793743.html
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.

25 May 02:00 Australian Financial Review 3974284488005575076.html
Singapore Airlines reinforces commitment to NZ during COVID-19 crisis

The airline is swapping passengers for cargo.

25 May 02:46 Newshub 2131266986617599146.html
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.

25 May 02:25 Australian Financial Review 3974284486663343235.html
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.

25 May 02:39 Financial Post 2379081492410640059.html
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

25 May 02:57 Vanguard News 4125100339977132533.html
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.

25 May 02:20 Digital Journal 4566489171937725875.html
Why markets don’t care about Hong Kong

Via the excellent Damien Boey at Credit suisse:

25 May 02:40 MacroBusiness 6890797930273516362.html
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.

25 May 02:24 The Economic Times 7653256036628051589.html
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

25 May 02:18 FXStreet 4480975639451500377.html
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

25 May 02:57 Vanguard News 4125100338806356609.html
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.

25 May 02:11 ZDNet 591556593216683178.html
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.

25 May 02:08 Bloomberg.com 4032480120739094394.html
[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.'

25 May 02:56 Rappler 1882105642584139672.html
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

25 May 02:59 Vanguard News 4125100339142846698.html
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:

25 May 02:12 MacroBusiness 6890797930635127855.html
Andrew Liveras doesn’t know what he’s up against

He’s getting some nice press though:

25 May 02:20 MacroBusiness 6890797929477228676.html
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

25 May 02:13 FXStreet 4480975638906937788.html
Update: Mr Lee’s Pure Food Co’s Equity Crowdfunding Campaign Surpasses £1.8 Million During the Final Days on Seedrs

Mr Lee’s Pure Foods, a UK-based foodtech that is creating premium health noodles-in-a-cup and soon to be launched instant Congee Asian rice porridges, is now

25 May 02:17 Crowdfund Insider 6834688073679673182.html
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.

25 May 02:47 The Indian Express 2885715104619811345.html
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...

25 May 02:00 Memeburn 7217585439238186307.html
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

25 May 02:10 FXStreet 4480975638835616257.html
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

25 May 02:38 FXStreet 4480975639092115125.html
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.

25 May 02:31 Business Insider Australia 5575934301615107948.html
New 'ShopKiwi' website encourages shoppers to support local businesses

The website offers free sign-up for NZ owner-operator businesses.

25 May 02:52 Newshub 2131266987125995120.html
Crowdfunding projects help virus-hit businesses in Japan

Fundraisers in crowdfunding plans often provide donors with meal discount tickets and premium accommodation vouchers.

25 May 02:34 The Japan Times 6673764367661545622.html
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

25 May 07:47 Business-Standard 1502508926294480200.html
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.

25 May 07:07 DIGITIMES 8411283748785982619.html
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.

25 May 07:12 Australian Financial Review 3974284486879667617.html
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

25 May 07:00 BristolLive 4740742016260404436.html
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.

25 May 07:47 The Economic Times 7653256036853460858.html
GBP/USD: All signs are bearish for the pound

GBP/USD Monday's four-hour chart is pointing to losses for the cable, Yohay Elam, an analyst at FXStreet, reports. Commerzbank agrees with this view,

25 May 07:05 FXStreet 4480975639990980777.html
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.

25 May 07:10 Free Press Journal 9080771788405464258.html
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...

25 May 07:15 Malaymail 302165935806865426.html
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

25 May 07:28 FXStreet 4480975638917238524.html
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

25 May 07:50 Seeking Alpha 5725634556906363251.html
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.

25 May 07:50 Digital Journal 4566489173077959057.html
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

25 May 07:16 Chemical Engineering 9204118373622630346.html
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

25 May 07:00 FXStreet 4480975639950341843.html
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

25 May 07:12 Livemint 6614605817869885027.html
JobKeeper fuels 'major hunger' for new sneakers

Young Australians flush with JobKeeper cash are leading a boom in discretionary online spending, retailers say.

25 May 07:11 Australian Financial Review 3974284487189254556.html
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

25 May 07:26 KahawaTungu 3304128541428381056.html
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...

25 May 07:02 Newstalk 7635722259574222112.html
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 ...

25 May 07:50 Tech Xplore 4945708898867653324.html
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...

25 May 07:11 Punch Newspapers 3524240995419159020.html
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

25 May 07:36 Business Today 1145527431774052672.html
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

25 May 07:51 FXStreet 4480975638458352394.html
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

25 May 07:33 Seeking Alpha 5725634556401748294.html
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

25 May 07:34 FXStreet 4480975639407573954.html
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 ...

25 May 07:42 Tech Xplore 4945708899339500263.html
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…

25 May 07:00 Japan Today 8582716285545013400.html
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

25 May 07:54 Business-Standard 1502508925155820704.html
Asian stocks subdued after China imposes new law on Hong Kong

Global financial markets already struggling to deal with huge economic uncertainty

25 May 07:00 The Irish Times 8204772968540077003.html
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

25 May 07:50 FXStreet 4480975639208056451.html
We’re evaluating new food trends that gained momentum during lockdown: ITC’s Hemant Malik

Significant uptick in essentials; salience for larger-size packs

25 May 07:20 BusinessLine 5283601420130172.html
Deficit monetisation: Is it really as simple as RBI printing more money?

India has a comfortable foreign exchange reserves of $487 billion currently.

25 May 07:59 The Economic Times 7653256038081910666.html
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.

25 May 07:29 Australian Financial Review 3974284486645853134.html
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.

25 May 07:33 Australian Financial Review 3974284486829669719.html
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 »

25 May 07:44 ISSCNC 6824315490229523638.html
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.

25 May 07:08 MarketWatch 8975941549780025408.html
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.

25 May 07:45 Tech Xplore 4945708899888261904.html
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.

25 May 07:49 Reuters 8334514180945118200.html
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.

25 May 07:09 FXStreet 4480975638188875081.html
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 ...

25 May 07:00 CNA 5644198862664665397.html
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.

25 May 07:55 Australian Financial Review 3974284487464946149.html
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...

25 May 07:43 Malaymail 302165935560292797.html
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.

25 May 07:50 Finance Magnates 8992138265302957111.html
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

25 May 07:16 FXStreet 4480975639073707368.html
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.

25 May 07:33 Australian Financial Review 3974284486554802629.html
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.

25 May 07:31 independent 5894610845820211190.html
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.

25 May 07:39 independent 5894610844895086747.html
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

25 May 07:59 Business-Standard 1502508925590434372.html
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" ...

25 May 07:43 Tech Xplore 4945708898461549334.html
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.

25 May 07:11 Australian Financial Review 3974284487944922292.html
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

25 May 07:22 Business Today 1145527432641732811.html
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.

25 May 07:32 Buzz.ie 7092425148127126699.html
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...

25 May 07:34 Sputniknews 967333867701230726.html
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

25 May 07:02 BusinessLine 5283601644059946.html
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....

25 May 07:43 Lifehacker Australia 3742423169630458901.html
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.

25 May 07:44 Australian Financial Review 3974284488160787347.html
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.

25 May 07:33 DIGITIMES 8411283748621231048.html
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

25 May 22:17 interest.co.nz 6454226277232136056.html
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.

25 May 22:00 The New Daily 5848147786344535914.html
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

25 May 22:57 FXStreet 4480975639339744768.html
Pandemic delivers R943m revenue blow to Netcare

Costs for PPE escalate to R850m as group bolsters its supply ahead of virus peak.

25 May 22:01 Moneyweb 1092550948098282917.html
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

25 May 22:30 The Times of India 6060938663449474470.html
Wirecard postpones issuing annual results again

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

25 May 22:25 Ft 707176889412346129.html
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.

25 May 22:51 Bdnews24 8119004129474578963.html
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.

25 May 22:29 Australian Financial Review 3974284487201596327.html
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

25 May 22:52 Premium Times Nigeria 5456729299747728358.html
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.

25 May 22:00 The New Daily 5848147785736677419.html
What options are available for ethical investing?

Shariah-compliant funds and ESG investment products are among the choices available to you.

25 May 22:42 Moneyweb 1092550947086913702.html
Vermilion Energy CEO’s departure signals return to conservative roots

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

25 May 22:04 The Globe and Mail 68426410719901757.html
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

25 May 22:36 Seeking Alpha 5725634557059047479.html
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.

25 May 22:40 Financial Post 2379081491826256477.html
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 ...

25 May 22:10 CNA 5644198864166253521.html
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.

25 May 22:14 Arab News 8912634263414895146.html
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

25 May 22:47 New York Post 7654946768370180417.html
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.

25 May 22:37 Australian Financial Review 3974284487904621420.html
Central bank asset purchases creating ‘fake markets’, analyst warns

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

25 May 22:51 Financial Post 2379081492475229448.html
Covid-19 to dent M&R earnings ‘more than 20%’

Group reports further growth in order book to R51.5bn at end-March.

25 May 22:03 Moneyweb 1092550947150077772.html
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

25 May 22:44 New York Post 7654946768383859642.html
No more grants for the self-employed, Treasury says - Inside Israel

Treasury says the economy is back to normal.

25 May 22:30 Israel National News 5374683670085530567.html
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.

25 May 22:37 ABC7 New York 7327811148434347394.html
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

25 May 22:30 The Times of India 6060938662833159306.html
Renewable electricity suppliers gaining ground

Generating capacity of independent producers is just about equal to that of an Eskom power station.

25 May 22:04 Moneyweb 1092550946324898687.html
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.

25 May 22:10 Bloomberg.com 4032480122054727156.html
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.

25 May 22:03 Montreal 8735609773682001654.html
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 ...

25 May 22:55 CNA 5644198864016831944.html
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 […]

25 May 12:52 Markets Daily 6922190226972352480.html
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.

25 May 12:08 Bloomberg.com 4032480121694021339.html
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.

25 May 12:39 The Economic Times 7653256037203307935.html
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 […]

25 May 12:48 Markets Daily 6922190226870180323.html
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 […]

25 May 12:52 Markets Daily 6922190228503639373.html
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.

25 May 12:20 Finance Magnates 8992138265989731841.html
IBM, HP announce major job cuts

Although exact number of layoffs was not confirmed, reports suggest it could be in the thousands.

25 May 12:16 TechRadar 2111116915621871619.html
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.

25 May 12:14 NewsBTC 7232133510502529010.html
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.

25 May 12:51 CTVNews 2422791597587505478.html
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.

25 May 12:00 Business Insider Malaysia 8325046882147195643.html
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

25 May 12:22 Seeking Alpha 5725634556175394163.html
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 […]

25 May 12:48 Markets Daily 6922190227999442256.html
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

25 May 12:04 Business Today 1145527430709852906.html
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 ...

25 May 12:11 Tech Xplore 4945708898077171592.html
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.

25 May 12:13 independent 5894610845681241890.html
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

25 May 12:36 BusinessLine 5283601372760718.html
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

25 May 12:15 Seeking Alpha 5725634557124983714.html
With State of Emergency Lifted, Japan Begins Gradual Reopening

Retailers in Tokyo began opening their doors last week, but some will continue to wait.

25 May 12:17 WWD 5490910668059147396.html
NPD report shows this April had record console sales for the month in the US

It looks like COVID 19 has led to some breaking sales for the video games industry during the month of April in the US, a point at which lockdown measures were in full effect across the country. In th

25 May 12:01 tsa 6447108927971019258.html
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.

25 May 12:11 The Peninsula 1202843882177652611.html
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

25 May 12:35 Seeking Alpha 5725634556084814833.html
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.

25 May 12:05 Harvard Business Review 4845392232132336858.html
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 […]

25 May 12:35 Markets Daily 6922190227728619276.html
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 […]

25 May 12:48 Markets Daily 6922190228249326573.html
Delhi sees season's highest power demand on Sunday

Tata Power Delhi Distribution said it met the peak power demand of 1493 MW on Sunday night.

25 May 12:54 The Economic Times 7653256037677302549.html
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...

25 May 12:04 Sputniknews 967333869072385264.html
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 […]

25 May 12:52 Markets Daily 6922190228092561693.html
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.

25 May 12:47 East Anglian Daily Times 681138151590161273.html
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.

25 May 12:14 The Hindu 6679535024954072763.html
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

25 May 12:50 Seeking Alpha 5725634556194567173.html
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 […]

25 May 12:33 Markets Daily 6922190227158576521.html
The World's 10 Richest Cities

The U.S. is home to six of the 10 richest cities in the world, according to data on the global wealth population.

25 May 12:00 Mentalfloss 5757864790036293733.html
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

25 May 12:10 Seeking Alpha 5725634556048665685.html
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

25 May 12:01 Business-Standard 1502508925664636076.html
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

25 May 12:13 FXStreet 4480975638392875746.html
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 […]

25 May 12:48 Markets Daily 6922190228538669623.html
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

25 May 12:16 Crowdfund Insider 6834688072109577691.html
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.

25 May 12:53 The Hindu 6679535025698959897.html
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% […]

25 May 12:52 Markets Daily 6922190228593897156.html
3 Stocks to Buy and Hold for Decades

Great businesses can allow you to compound your wealth over the decades.

25 May 12:55 The Motley Fool 2231313659234454739.html
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

25 May 12:30 Seeking Alpha 5725634557873803772.html
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 […]

25 May 12:48 Markets Daily 6922190228737005833.html
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 […]

25 May 12:48 Markets Daily 6922190227141374997.html
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.

25 May 12:59 NewsBTC 7232133510998541244.html
Trade setup: No consensus on Nifty direction; 50DMA remains key hurdle

This makes the market more vulnerable on the higher side.

25 May 12:02 The Economic Times 7653256037323425883.html
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.

25 May 12:12 Reuters 8334514181563168412.html
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.

25 May 12:30 The Financial Express 1288289579627227949.html
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.

25 May 12:42 Swarajya 4977622830291517232.html
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 […]

25 May 12:33 Markets Daily 6922190227784477461.html
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.

25 May 12:15 Business Insider 6060062401062487706.html
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.

25 May 12:30 manilastandard.net 4715274785208534881.html
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.

25 May 12:30 Australian Financial Review 3974284486816666833.html
Here's why you still can't find a webcam anywhere you look

Increasing number of companies asking staff to work from home has led to shortage of office supplies and computer peripherals.

25 May 12:40 TechRadar 2111116915457362493.html
Hoggets bear brunt as factories slash sheep prices

Last week those in the trade were beginning to speak about factory prices being “on a knife edge”. By yesterday morning quotes for spring lambs had been pared by 10c/kg.

25 May 12:31 independent 5894610844557859651.html
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...

25 May 12:03 Buzz.ie 7092425148154759995.html
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 […]

25 May 12:52 Markets Daily 6922190228472010648.html
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

25 May 12:11 AutoIndustriya.com 2007465447405852879.html
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.

25 May 12:47 www.voxy.co.nz 6138926314833294525.html
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.

25 May 12:09 Firstpost 4760741712098749897.html
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

25 May 12:35 Seeking Alpha 5725634557074231032.html
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

25 May 12:52 The Hindu 6679535024956385542.html
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

25 May 12:37 Seeking Alpha 5725634557031800142.html
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.

25 May 12:00 Business Insider 6060062399331523323.html
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.

25 May 12:30 Breitbart 3148363491351177531.html
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 […]

25 May 12:52 Markets Daily 6922190227721055741.html
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

25 May 12:26 Seeking Alpha 5725634556420151295.html
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 […]

25 May 12:52 Markets Daily 6922190227158038007.html
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% […]

25 May 12:47 Markets Daily 6922190228594255634.html
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

25 May 12:50 FXStreet 4480975638303905717.html
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

25 May 12:33 FXStreet 4480975638622140352.html
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

25 May 12:50 The Globe and Mail 68426410855301666.html
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

25 May 12:40 Seeking Alpha 5725634557605339731.html
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

25 May 12:00 www.businessinsider.sg 5090408755562765051.html
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.

25 May 12:58 First Post Of India 844080067269035359.html
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.

25 May 12:29 SCOOP 5315658999909825610.html
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

25 May 10:56 Seeking Alpha 5725634556368693849.html
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

25 May 10:55 Business-Standard 1502508924563557158.html
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

25 May 10:25 Business Today 1145527430991801014.html
CFTC Positioning Report: EUR net longs at multi-month lows

These are the main highlights of the CFTC Positioning Report for the week ended on May 19th: Speculators trimmed their net longs in the euro to the lo

25 May 10:58 FXStreet 4480975638275757322.html
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

25 May 10:58 The Japan Times 6673764368162515638.html
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

25 May 10:57 NewsBTC 7232133509796170955.html
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

25 May 10:39 Business-Standard 1502508924596921295.html
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.

25 May 10:30 Finance Magnates 8992138265096420056.html
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.

25 May 10:17 FXStreet 4480975638198173597.html
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 ...

25 May 10:25 CNA 5644198862646112953.html
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...

25 May 10:51 Malaymail 302165935744958685.html
German business expectations pick up as lockdown is lifted

Monthly survey finds improving outlook despite pessimism over current effect of pandemic

25 May 10:07 Ft 707176890084156288.html
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.

25 May 10:58 Business Insider Malaysia 8325046883206511355.html
NNPC says top management appointments on merit

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

25 May 10:49 Vanguard News 4125100338947384067.html
How the Sunrise Foods buy spices up business for ITC

The move strengthens the tobacco major’s push towards non-cigarette FMCG business

25 May 10:39 BusinessLine 5283601672279608.html
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

25 May 10:58 www.businessinsider.sg 5090408756622080763.html
Top German court grants buybacks for VW diesel car owners

KARLSRUHE, May 25 — A top German court ruled today that Volkswagen must buy back a diesel car it modified to appear less polluting, a decision that could influence the outcome of tens of thousands of other “dieselgate” cases. Judges at the Federal Court of Justice (BGH) in Karlsruhe...

25 May 10:38 Malaymail 302165935249335258.html
Theta Fuel (TFUEL) Records 630% Weekly Gains As Binance To Support Theta Mainnet 2.0 Launch

The leading cryptocurrency exchange by trading volume and users, Binance, will support the upcoming launch of Theta mainnet 2.0 on May 27th. With the

25 May 10:27 CryptoPotato 7087008391276687599.html
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.

25 May 10:42 EUobserver 625925298261359337.html
Southbank Centre at risk of closure until April 2021 due to financial pressure

The arts organisation has called for further Government support.

25 May 10:23 The Irish News 993065219848702.html
Is Email the Future of Journalism?

With the industry in free fall, new models are emerging.

25 May 10:00 The New Republic 7071196524419619555.html
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.

25 May 10:31 The Peninsula 1202843882847134513.html
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

25 May 10:00 Bitcoinist.com 1696346937282146295.html
Southbank Centre at risk of closure until April 2021 due to financial pressure

The arts organisation has called for further Government support.

25 May 10:32 Shropshire Star 3480199992615222986.html
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

25 May 10:44 Business-Standard 1502508926174715821.html
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.

25 May 10:21 The Financial Express 1288289579562573242.html
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

25 May 10:07 Seeking Alpha 5725634557356763209.html
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.

25 May 10:00 NewsBTC 7232133511418720426.html
China tests global diplomacy and economy

The country risks nations’ pushback as it moves ahead with its ambitions under the cover of COVID-19.

25 May 10:54 The Japan Times 6673764366894801777.html
Lotteries need a loan

Ontario is extending a line of credit of up to $500 million to its lottery and gaming agency.

25 May 10:38 Castanet 616068601642660577.html
New payment to support Kiwis through COVID

Hon Grant RobertsonMinister of Finance Hon Carmel SepuloniMinister for Social Development

25 May 10:25 SCOOP 5315658998255415569.html
'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.

25 May 10:30 manilastandard.net 4715274784754315918.html
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

25 May 10:47 The Globe and Mail 68426411302381364.html
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.

25 May 10:34 Bloomberg.com 4032480121173707478.html
Hacker Selling 80,000 Users’ Data Stolen From Cryptocurrency Wallets

Details such as user names, emails, phone numbers, residential addresses were stolen from leading cryptocurrency wallets, and are now being … Hacker Selling 80,000 Users’ Data Stolen From Cryptocurrency Wallets Read More »

25 May 10:11 ISSCNC 6824315490734585701.html
NNPC says top management appointments on merit

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

25 May 10:17 Latest Nigeria News, Nigerian Newspapers, Politics 2658445900090372993.html
MediaWorks announces 130 job losses

MediaWorks has announced that 130 staff are being redundant in its radio and sales teams.

25 May 10:53 SCOOP 5315659000207512937.html
CBIC clears Rs 11,052 crore GST refund claims since April 8

In a tweet, the CBIC said it is "committed to ensuring liquidity to GST taxpayers especially MSME sectors during the lockdown".

25 May 10:38 The Indian Express 2885715105753156143.html
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

25 May 10:00 Seeking Alpha 5725634556904795955.html
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.

25 May 10:42 The Financial Express 1288289580913739972.html
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...

25 May 10:14 Malaymail 302165936011961493.html
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.

25 May 10:46 ESI-Africa.com 2679729878449940265.html
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 ...

25 May 10:25 CNA 5644198864024539821.html
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 »

25 May 10:15 ISSCNC 6824315491989701408.html
‘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

25 May 10:22 BusinessLine 5283600301226307.html
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

25 May 10:54 Business Today 1145527431958234614.html
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.

25 May 10:40 Bdnews24 8119004129246488597.html
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.

25 May 10:35 The Jakarta Post 7678601103823598582.html
Southbank Centre at risk of closure until April 2021 due to financial pressure

The arts organisation has called for further Government support.

25 May 10:32 Express & Star 7324224460161400522.html
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.

25 May 18:17 CTVNews 2422791599093436205.html
The problem with the liquidity push

Even if partially successful, it will culminate in eventual default; the crisis is only likely to intensify

25 May 18:32 The Hindu 6679535025074978786.html
Industry gearing up for normal activity

At present, many units run by scaling down production

25 May 18:17 The Hindu 6679535025651682747.html
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.

25 May 18:05 The Economic Times 7653256037298803216.html
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

25 May 18:04 FXStreet 4480975638097541339.html
Domino's relaunch Click & Collect service

Domino's has launched a Click & Collect service in 19 of its restaurants nationwide.

25 May 18:43 Buzz.ie 7092425148152590497.html
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...

25 May 18:34 Latest Nigeria News, Nigerian Newspapers, Politics 2658445900539611139.html
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

25 May 18:44 Seeking Alpha 5725634556259429099.html
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.

25 May 18:50 Coronavirus 2422791598042177805.html
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

25 May 18:17 The Hindu 6679535025185863528.html
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.

25 May 18:31 Business-Standard 1502508925869908923.html
Greece reopens cafes, restaurants as summer season nears

ATHENS (Reuters) - Greece allowed cafes and restaurants to reopen on Monday as part of a gradual lifting of its coronavirus restrictions to reboot its tourism-dependent economy and help draw in foreign visitors ahead of the summer season.

25 May 18:58 Reuters 8334514181626395741.html
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.

25 May 18:00 Bitcoinist.com 1696346937210010165.html
A well-balanced stimulus package

It will minimise the human cost of the COVID-19 crisis and also pave the path for structural reforms

25 May 18:45 The Hindu 6679535026017326762.html
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.

25 May 18:32 Finance Magnates 8992138265905066410.html
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 ...

25 May 18:00 CNA 5644198864122551032.html
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.

25 May 18:48 PYMNTS.com 7357138825500170733.html
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

25 May 18:17 Seeking Alpha 5725634557333600275.html
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.

25 May 18:13 NDTV.com 5090057680908610167.html
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.

25 May 18:16 Reuters 8334514181496600031.html
Officials swing into action asreturnees’ numbers swell

Zero in on NREGA to provide temporary livelihood

25 May 18:02 The Hindu 6679535024897225833.html
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

25 May 18:51 iNFOnews.ca 6669504244852888611.html
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.

25 May 18:18 The Financial Express 1288289580583236409.html
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 ...

25 May 18:00 CNA 5644198862929442387.html
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.

25 May 18:48 PYMNTS.com 7357138824912204599.html
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

25 May 18:07 FXStreet 4480975638765261850.html
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

25 May 18:45 The Globe and Mail 68426410783876818.html
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.

25 May 18:18 The Economic Times 7653256037768016989.html
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.

25 May 18:17 CTVNews 2422791599024708339.html
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.

25 May 18:10 Coronavirus 2422791597404624558.html
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.

25 May 18:52 The Financial Express 1288289579597238811.html
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.

25 May 18:57 CTVNews 2422791597499322872.html
Resumption of domestic flights to help in reviving aviation industry: SOTC Travel

The resumption of domestic passenger flight services after a gap of two months is a favourable move in reviving the aviation sector, SOTC Travel said on Monday.

25 May 18:19 The Financial Express 1288289581349221598.html
FM’s package of no use to micro enterprises: ex-CM

‘A fresh Budget must be presented in Parliament's next session’

25 May 18:20 The Hindu 6679535024845818075.html
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

25 May 18:26 LailasNews.com 2090029849751570057.html
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

25 May 18:36 Business-Standard 1502508926479189809.html
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

25 May 18:45 The Globe and Mail 68426410149372078.html
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. 

25 May 14:00 Australian Financial Review 3974284487533707413.html
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.

25 May 14:46 MarketWatch 8975941549356021551.html
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.

25 May 14:48 Montreal 8735609772937812093.html
‘Material disclosure’ is imperative at this time

Investors need to be frequently updated on Covid-19’s impact on companies

25 May 14:40 BusinessLine 5283601837467508.html
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

25 May 14:38 www.businessinsider.sg 5090408755606854189.html
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

25 May 14:21 Greater Kashmir 4662909091625980937.html
'Local box' supports vendors

Okanagan's Craft Culture has launched The Local Box to help vendors who have felt the negative impacts of markets being cancelled due to COVID-19.

25 May 14:23 Castanet 616068602297600009.html
Coronavirus: Superannuation accounts drained of $13.2b as people look to meet living costs

Industry leaders warn it comes with a hefty price tag.

25 May 14:00 The Canberra Times 8662394329471256570.html
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:

25 May 14:10 MacroBusiness 6890797930283450734.html
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

25 May 14:32 FXStreet 4480975640000373264.html
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

25 May 14:24 Business-Standard 1502508926558432707.html
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

25 May 14:08 Business-Standard 1502508926673889085.html
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.

25 May 14:00 Australian Financial Review 3974284486724195428.html
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".

25 May 14:00 manilastandard.net 4715274785639349271.html
Government may issue 3-4 new 10-year benchmark securities this fiscal

The government may end up issuing three or four new 10-year benchmark securities instead of the usual two it has been issuing each of the past years, as it will be borrowing more in FY21 amid the pan

25 May 14:20 BusinessLine 5283600159957274.html
'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

25 May 14:30 Rappler 1882105642590811862.html
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

25 May 14:49 Business-Standard 1502508924961572386.html
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.

25 May 14:00 The Motley Fool 2231313658364083246.html
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.

25 May 14:00 Australian Financial Review 3974284487357073218.html
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

25 May 14:17 Business Today 1145527431404761059.html
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 […]

25 May 14:28 Markets Daily 6922190227408787317.html
Indian innovators step up to make world class ventilators

‘These ventilators will cost only a fraction of foreign made ones’

25 May 14:33 BusinessLine 5283601358656614.html
Despite glut, Government unlikely to cut fuel prices, says Dharmendra Pradhan

It is a conscious decision: Pradhan

25 May 14:28 The Hindu 6679535025093551571.html
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

25 May 14:44 BusinessLine 5283601124222150.html
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.

25 May 14:53 Fox 4 8372747778540962923.html
Back to the future on class actions

The government's move to impose controls on litigation funders takes the industry back a decade.

25 May 14:00 Australian Financial Review 3974284486530786263.html
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. 

25 May 14:00 BTC Manager 8549607151589248292.html
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.

25 May 14:16 The Financial Express 1288289579656455526.html
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.

25 May 14:35 The Jakarta Post 7678601103379497402.html
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.

25 May 14:38 Business Insider 6060062399375612461.html
Reliance JioMart opens online grocery service in 200 cities; key things to know

With rising demand on online grocery delivery platforms amid coronavirus lockdown, JioMart is Reliance Industries' bid to cash in on the spurt in this segment

25 May 14:55 Business Today 1145527432237487045.html
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.

25 May 14:45 Irishexaminer 8196011178329353842.html
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

25 May 14:49 Business Today 1145527432191886707.html
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. […]

25 May 14:00 Markets Daily 6922190227456096419.html
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

25 May 14:04 Seeking Alpha 5725634557798517290.html
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

25 May 14:38 FXStreet 4480975640089591796.html
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

25 May 14:27 FXStreet 4480975639148007638.html
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.

25 May 14:31 Greek City Times 1506177378324996183.html
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 […]

25 May 14:00 Markets Daily 6922190228893167243.html
PM's economic package 'jumla', less than 1pc of GDP: Chavan

Senior Congress leader Prithviraj Chavan, incidentally, had demanded a Rs 21 lakh crore package in April this year.

25 May 14:12 The Economic Times 7653256037104899656.html
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.

25 May 14:53 Reuters 8334514180163063790.html
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.

25 May 14:00 Brisbane Times 2314609340080717257.html
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.

25 May 14:00 The Age 7967730563061644745.html
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.

25 May 14:00 Australian Financial Review 3974284487027681913.html
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.

25 May 14:11 Blockonomi 7720215216588597943.html
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.

25 May 14:38 Business Insider Malaysia 8325046882191284781.html
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?

25 May 14:46 MarketWatch 8975941548725268268.html
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.

25 May 14:04 The Financial Express 1288289579781104395.html
European regulators to take closer look at Air Canada-Transat deal

TORONTO — European regulators are launching an in-depth investigation into Air Canada's deal to buy travel company Transat AT amid European Commission concerns the deal may reduce competition and result in higher prices.

25 May 14:56 KitchenerToday.com 52741010331910100.html
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 ...

25 May 14:00 Punch Newspapers 3524240994985068505.html
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.

25 May 14:52 The Financial Express 1288289579557796889.html
USD/BRL: Political headwinds facing the real – CIBC

USD/BRL continued its upward trend, approaching the 6.0 mark. Luis Hurtado from CIBC Capital Markets sees political tensions and a dovish BCB to weigh

25 May 14:36 FXStreet 4480975639779274242.html
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.

25 May 14:24 Swarajya 4977622828878207726.html
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

25 May 14:28 Business-Standard 1502508925836066449.html
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

25 May 14:15 Financial Post 2379081493231854689.html
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

25 May 14:50 FXStreet 4480975639148152351.html
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.

25 May 14:46 MarketWatch 8975941549063798834.html
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

25 May 14:40 BusinessLine 5283601251858066.html
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. 

25 May 06:34 WAtoday 6806590900332860091.html
Reliance starts trials of JioMart shopping portal across India

The JioMart shopping app is available via Facebook Inc’s WhatsApp, which in India has about 400 million users.

25 May 06:57 The Indian Express 2885715103848696180.html
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

25 May 06:48 FXStreet 4480975638918726240.html
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

25 May 06:33 NewsBTC 7232133510439363038.html
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

25 May 06:20 FXStreet 4480975639802906360.html
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.

25 May 06:46 Australian Financial Review 3974284486854075659.html
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

25 May 06:49 Yahoo 7097669638873615139.html
Moon calls for bold fiscal strategy in light of COVID-19

Addressing the officials responsible for drawing up the national fiscal strategy, President Moon Jae-in on Monday called for bold support measures, saying the state must spearhead efforts to soften the impact of the COVID-19 pandemic. Speaking at the National Fiscal Strategy Meeting, Moon also downplayed concerns that his administration’s fiscal policies could threaten the country’s fiscal stability, sa...

25 May 06:37 Koreaherald 8029273604772110833.html
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".

25 May 06:17 Australian Financial Review 3974284487065857593.html
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 ...

25 May 06:46 CNA 5644198864335734026.html
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 ...

25 May 06:10 CNA 5644198862823544565.html
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.

25 May 06:54 Australian Financial Review 3974284488155831579.html
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.

25 May 06:11 Business Insider Australia 5575934301927707332.html
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.

25 May 06:06 Australian Financial Review 3974284486454986760.html
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

25 May 06:02 FXStreet 4480975639655973686.html
Coronavirus: Government draws up plan to rescue key firms

The government could aid strategically important firms affected by the coronavirus pandemic.

25 May 06:34 BBC News 3883826128923453218.html
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....

25 May 06:41 Latest Nigeria News, Nigerian Newspapers, Politics 2658445900009975659.html
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

25 May 06:14 Business-Standard 1502508925528540318.html
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.

25 May 06:36 The Indian Express 2885715104741527537.html
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

25 May 06:11 Business-Standard 1502508924736350648.html
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

25 May 06:06 FXStreet 4480975640025127385.html
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 »

25 May 06:05 ISSCNC 6824315491218264365.html
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.

25 May 06:21 TechCentral 724913818762162112.html
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. 

25 May 06:34 The Age 7967730562867598011.html
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.

25 May 06:30 Australian Financial Review 3974284487176215059.html
Booking.com reveals the top travel destinations on people's wishlists

Many holidaymakers are dreaming of sunnier, foreign climes

25 May 06:00 Wales Online 7686550516097058436.html
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

25 May 06:19 Business Today 1145527431142072076.html
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.

25 May 06:45 Finance Magnates 8992138264857299810.html
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.

25 May 06:45 Financial Post 2379081492522877151.html
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. 

25 May 06:34 Brisbane Times 2314609339886670523.html
Tiger Brands looking at ‘significant’ job losses as it counts cost of pandemic

Reports lower H1 earnings, defers dividend.

25 May 06:33 Moneyweb 1092550946236369995.html
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 ...

25 May 06:15 CNA 5644198864315265765.html
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.

25 May 06:40 The Indian Express 2885715105771109477.html
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...

25 May 06:53 The Seattle Times 9121942837024287821.html
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

25 May 06:38 Gulf News 2086521544810127296.html
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.

25 May 06:03 Australian Financial Review 3974284486989504272.html
‘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

25 May 06:37 BusinessLine 5283601233533037.html
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...

25 May 06:09 Malaymail 302165935684871173.html
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

25 May 11:52 FXStreet 4480975638433385065.html
Meet Cyrus, who wants to own Virgin through the virus and beyond

Every good auction needs a smokie.

25 May 11:33 Australian Financial Review 3974284486532742068.html
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.

25 May 11:59 Daily Maverick 2373996787726035444.html
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.

25 May 11:09 SCOOP 5315658999498159354.html
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...

25 May 11:19 New Vision 9103146373822955024.html
Canada’s arts sector needs transformative action similar to Works Progress Administration

With Canadian federal, provincial and city leaders enjoying some of their highest approval levels, the time is right for an arts renewal

25 May 11:00 The Globe and Mail 68426411047935957.html
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

25 May 11:52 Business Today 1145527430693587916.html
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.

25 May 11:31 The Financial Express 1288289579647403193.html
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.

25 May 11:00 The Financial Express 1288289580818115863.html
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

25 May 11:23 Business-Standard 1502508926511446102.html
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.

25 May 11:52 Nagalandpost 3019528213432350166.html
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 ...

25 May 11:42 Punch Newspapers 3524240995003281730.html
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

25 May 11:07 The Hans India 817019413869762598.html
Dawn Meats reopens plant supplying McDonalds burgers

Production resumes in Waterford after 10 weeks as fast food group starts phased reopening of outlets

25 May 11:34 The Irish Times 8204772967997483809.html
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).

25 May 11:21 Reuters 8334514180375403777.html
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

25 May 11:30 FXStreet 4480975640143144839.html
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

25 May 11:31 Africanews 6630243979315694608.html
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.

25 May 11:50 The Motley Fool 2231313658056512398.html
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.

25 May 11:45 Castanet 616068601600655229.html
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.

25 May 11:18 KitchenerToday.com 52741010514740852.html
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

25 May 11:55 FXStreet 4480975638939471439.html
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

25 May 11:26 Seeking Alpha 5725634557469233486.html
In Pictures: Basking on the beach in bank holiday sunshine

Sun-seekers seized the opportunity to top up their tans.

25 May 11:46 Shropshire Star 3480199993298631655.html
The changing face of the billionaire classes

Is Europe becoming more American in its wealth creation as the US becomes more European?

25 May 11:00 Ft 707176888533405373.html
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

25 May 11:09 Business Today 1145527430883656979.html
Inside the Nottingham labs where drug research experts look for new treatments during pandemic

They are working together on the discovery and development of new therapeutics

25 May 11:45 NottinghamshireLive 5149776702760673466.html
COVID-19: Is this the end of the road for Renault?

Pandemic puts the French brand's 122-year history at stake...

25 May 11:27 Gulf News 2086521545363785038.html
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

25 May 11:40 Business-Standard 1502508926037816821.html
Monday’s Insider Report: Executive chair invests over $4-million in REIT yielding over 9%

SmartCentres, SNC and Telus see insider buying

25 May 11:56 The Globe and Mail 68426411717471880.html
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

25 May 11:45 Business-Standard 1502508925651484413.html
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

25 May 11:30 Rappler 1882105642717660322.html
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.

25 May 11:58 Finance Magnates 8992138265037733051.html
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.

25 May 11:08 First Post Of India 844080066380516652.html
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.

25 May 11:30 www.voxy.co.nz 6138926315102035888.html
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.

25 May 11:45 Reuters 8334514181628474011.html
‘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

25 May 11:59 MarketWatch 8975941547997798119.html
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

25 May 11:30 The Globe and Mail 68426409992570675.html
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?

25 May 11:21 The Motley Fool 2231313657517863191.html
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

25 May 11:49 FXStreet 4480975640123967597.html
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

25 May 11:39 Business-Standard 1502508925809082277.html
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

25 May 11:22 FXStreet 4480975638927414081.html
Andy Palmer to quit as Aston Martin CEO after shares plunge

Will be replaced with Mercedes-AMG CEO Tobias Moers

25 May 11:09 Gulf News 2086521545605369485.html
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.

25 May 11:53 Nagalandpost 3019528212885601680.html
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

25 May 11:51 The Asian Age 2126266544942090534.html
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

25 May 11:01 Business-Standard 1502508925062401325.html
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.

25 May 11:19 SCOOP 5315658999631737478.html
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.

25 May 11:48 The Economic Times 7653256036569769523.html
Bayer reaches agreement in 125,000 US cancer lawsuits

Pharmaceutical giant reportedly does deal to end inherited costly legal battle

25 May 11:26 The Irish Times 8204772968119044868.html
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

25 May 11:53 Business-Standard 1502508926577245380.html
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

25 May 11:00 The Globe and Mail 68426410235353140.html
Telstra CEO wants NBN upgrade paths reflected in govt policy

Calls for telcos to be unshackled from past policy and decisions.

25 May 11:24 iTnews 4425008560681027401.html
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

25 May 11:17 Seeking Alpha 5725634557223835240.html
Toot toot! Afterpay runs into index day

Beware the Afterpay train this week. 

25 May 11:32 Australian Financial Review 3974284486836035108.html
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

25 May 11:06 Seeking Alpha 5725634556109581893.html
Fractional Shares: Why It’s in the News

Have $5? Then you could start building wealth today.

25 May 11:00 The Motley Fool 2231313659093491222.html
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

25 May 11:34 mirror 675785261340409877.html
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 . . .

25 May 11:33 Times Colonist 7617512060524010477.html
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.

25 May 11:45 PYMNTS.com 7357138826385227673.html
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. 

25 May 11:34 Australian Financial Review 3974284486866587103.html
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

25 May 11:46 The Hindu 6679535025131121819.html
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

25 May 11:31 Seeking Alpha 5725634557127233870.html
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

25 May 11:53 The Asian Age 2126266545843224911.html
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

25 May 15:05 Techjaja 8656724907426450772.html
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

25 May 15:56 Business-Standard 1502508924795866633.html
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.

25 May 15:13 Hard Fork | The Next Web 3990801509069654642.html
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.

25 May 15:57 Reuters 8334514180326085122.html
PSUs, govt agencies owe Rs 5 trn in outstanding dues to MSMEs: Gadkari

The MSME minister said the Centre has decided that its ministries and public sector undertakings will clear outstanding payments of MSMEs within 45 days

25 May 15:55 Business-Standard 1502508925081462816.html
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.

25 May 15:00 Bitcoinist.com 1696346936351017467.html
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.

25 May 15:58 Business-Standard 1502508925906124585.html
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

25 May 15:55 Business-Standard 1502508926039556130.html
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

25 May 15:30 Irishexaminer 8196011179199811003.html
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.

25 May 15:14 The Jakarta Post 7678601103064685573.html
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

25 May 15:19 BusinessLine 5283600609111268.html
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

25 May 15:17 The Globe and Mail 68426411706727652.html
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

25 May 15:09 Yahoo 7097669637180540627.html
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.

25 May 15:29 India News, Breaking News, Entertainment News | India.com 7150386084300530146.html
Officials told to help draw up crop plans at village level

Farmers urged to strictly follow government advice on cropping pattern

25 May 15:11 The Hindu 6679535024974398293.html
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.

25 May 15:00 The Canberra Times 8662394328343721073.html
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

25 May 15:49 The Financial Express 1288289580700828583.html
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.

25 May 15:46 The Statesman 1191309782608421536.html
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.

25 May 15:13 Reuters 8334514181388291122.html
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.

25 May 15:52 Business-Standard 1502508925357327052.html
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

25 May 15:15 The Navhind Times 3656927213974879687.html
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

25 May 15:25 Seeking Alpha 5725634557534210381.html
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

25 May 15:35 BusinessLine 5283601626749236.html
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

25 May 15:43 Seeking Alpha 5725634557380054516.html
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.

25 May 15:50 The Jakarta Post 7678601103156254295.html
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.

25 May 15:45 Irishexaminer 8196011178943133316.html
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

25 May 15:16 The Navhind Times 3656927215616515388.html
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...

25 May 15:00 Malaymail 302165934742912397.html
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

25 May 15:28 BusinessLine 5283600388395060.html
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.

25 May 15:10 Irishexaminer 8196011180047557224.html
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.

25 May 15:30 Reuters 8334514180144786197.html
Nissan says preparing to gradually restart Mexico operations

The automaker will begin with vehicle and autoparts manufacturing activities

25 May 15:06 The Globe and Mail 68426410057278747.html
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.

25 May 15:59 mobilesyrup 1267416330876580961.html
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

25 May 15:00 NewsBTC 7232133510612450893.html
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

25 May 15:14 The Guardian 7580308504504071183.html
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

25 May 15:26 BusinessLine 5283600527919971.html
CBIC clears Rs 11,052 cr GST refund claims since April 8

The CBIC had earlier asked its field officers to avoid asking for physical submission of documents from entities who are claiming GST and Customs refunds and instead use official email for all communication.

25 May 15:53 The Financial Express 1288289580772771639.html
EU watchdog hopeful most banks can absorb €380bn pandemic hit

Buffers ‘should be sufficient’ to protect lenders in short term, says European Banking Authority

25 May 15:23 Ft 707176888438477750.html
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.

25 May 15:00 Bitcoinist.com 1696346937180212982.html
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.

25 May 15:05 Reuters 8334514181689669020.html
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,

25 May 15:00 Display Daily 6798724953795014542.html
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%

25 May 15:30 Rappler 1882105642154356961.html
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

25 May 15:23 Seeking Alpha 5725634556361046610.html
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

25 May 15:43 Business-Standard 1502508925426731116.html
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

25 May 15:18 Business Today 1145527432372851617.html
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?

25 May 15:00 Scroll.in 8669301693737524539.html
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 […]

25 May 15:30 Markets Daily 6922190227238947754.html
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.

25 May 15:35 India News, Breaking News, Entertainment News | India.com 7150386084201023266.html
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.

25 May 15:34 The Economic Times 7653256036557866813.html
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.

25 May 15:31 Reuters 8334514181241129218.html
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

25 May 17:50 Seeking Alpha 5725634556144323024.html
Decks cleared for formation of agriculture boards

They will recommend support packages for crop diversification

25 May 17:52 The Hindu 6679535024457813116.html
Binance Adds ETH and XRP Options Contracts

Crypto exchange giant Binance announced on Monday the addition of Ethereum and XRP options trading facility.

25 May 17:07 Finance Magnates 8992138266859952979.html
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.

25 May 17:39 Infowars 1950426315414021965.html
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.

25 May 17:23 Castanet 616068602170076656.html
Markets advance on hope of restrictions being eased globally

Subdued volumes traded on world markets as London and New York closed for holidays

25 May 17:43 The Irish Times 8204772967819049655.html
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.

25 May 17:35 Daily Maverick 2373996789286643176.html
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.

25 May 17:30 Bitcoinist.com 1696346937452433023.html
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.

25 May 17:33 Lifehacker Australia 3742423169877846627.html
BA planning to rehire sacked staff on worse terms, union says

Unite accuses airline of using coronavirus crisis as cover for betraying its workforce

25 May 17:59 the Guardian 1491978795509185009.html
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

25 May 17:13 Seeking Alpha 5725634557885220241.html
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

25 May 17:57 Seeking Alpha 5725634556223857074.html
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.

25 May 17:04 Toronto 5211060989438667117.html
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

25 May 17:47 Seeking Alpha 5725634556829516101.html
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

25 May 17:11 The Globe and Mail 68426410689028072.html
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

25 May 17:29 Crowdfund Insider 6834688073184201998.html
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.

25 May 17:37 The Financial Express 1288289579524232163.html
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

25 May 17:26 Livemint 6614605819267931541.html
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

25 May 17:20 GaadiWaadi.com 5195250398884131612.html
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

25 May 17:45 Seeking Alpha 5725634557354184927.html
CREDAI seeks restructuring scheme to revive realty sector

Also wants new home loans extended at 5% rate of interest

25 May 17:06 The Hindu 6679535025081747121.html
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 […]

25 May 17:23 Markets Daily 6922190227784406500.html
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

25 May 17:46 FXStreet 4480975638856962449.html
China's Tablet PC Market Report For The First Quarter Of 2020

The epidemic has affected all manufacturers. But the most affected tablet PC maker is Lenovo. Huawei still ranks first with a market share of 40.2%.

25 May 17:15 Gizchina 5392375276450391988.html
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

25 May 17:56 The Globe and Mail 68426409702332307.html
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.

25 May 17:39 Daily Maverick 2373996787764901818.html
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

25 May 17:24 Infowars 1950426313732051396.html
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.

25 May 17:53 Pulse Live 3606876835056351721.html
COVID lockdown, fungal disease pulp prospects of mango farmers in Dharmapuri

With over 2,000 hectares of land dedicated for mango cultivation, Dharmapuri is one of the largest producers of this fruit in Tamil Nadu.

25 May 17:06 The New Indian Express 4718288653499030869.html
Food sufficiency: Buhari 'echoes TB Joshua's call on agriculture'

President Muhammadu Buhari has urged farmers to double efforts towards helping the country attain food sufficiency.Speaking on Sunday..

25 May 17:03 Latest Nigeria News, Nigerian Newspapers, Politics 2658445900838807882.html
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.

25 May 17:30 Bloomberg.com 4032480121314314513.html
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.

25 May 17:11 BNN 3833521688481366505.html
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

25 May 17:47 The Hindu 6679535025763261610.html
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

25 May 17:03 Livemint 6614605819554704186.html
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

25 May 17:57 Vanguard News 4125100339819324662.html
Five business groups urge Ontario to halt commercial evictions during pandemic

Ontario Premier Doug Ford has previously declined to freeze commercial evictions

25 May 17:15 The Globe and Mail 68426410555859149.html
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.

25 May 17:30 NewsBTC 7232133511582758288.html
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

25 May 17:50 Livemint 6614605817553083572.html
COVID-19 breathes hope into the future of cars as buyers shun mass transit

The global pandemic has given the automobile a chance at a revival as consumers become increasingly concerned about catching an illness on public transport.

25 May 17:41 CarAdvise 772235094838803560.html
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.

25 May 17:39 The Financial Express 1288289581145447813.html
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%

25 May 17:28 Livemint 6614605818358651320.html
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.

25 May 17:41 independent 5894610846514395527.html
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.

25 May 03:27 Business Insider Australia 5575934301461158133.html
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.

25 May 03:29 Hindustan Times 696565557477664132.html
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.

25 May 03:34 The Economic Times 7653256037886749944.html
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.

25 May 03:58 Financial Post 2379081492434527011.html
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

25 May 03:00 Ft 707176889371468123.html
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...

25 May 03:00 The Courier 3604583736190325466.html
Japan’s Uniqlo to make masks using underwear fabric

TOKYO, May 25 — 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. The company had previously been wary of making face masks, but a...

25 May 03:34 Malaymail 302165936148542686.html
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.

25 May 03:20 The Guardian 7580308505328876126.html
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

25 May 03:33 FXStreet 4480975638491700899.html
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.

25 May 03:00 Australian Financial Review 3974284487231599993.html
Business sentiment rises but Covid-19 concerns persist

‘Nobody is losing the run of themselves’ but they see light ahead, says Bank of Ireland

25 May 03:00 The Irish Times 8204772967439323066.html
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

25 May 03:26 The Spinoff 7256195146222036050.html
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

25 May 03:50 FXStreet 4480975639112834610.html
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.

25 May 03:13 Financial Post 2379081492963217391.html
Capex preview

Via the excellent Gareth Aird at CBA:

25 May 03:20 MacroBusiness 6890797929896429439.html
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).

25 May 03:02 NDTV.com 5090057680691269497.html
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.

25 May 03:28 Financial Post 2379081491774564557.html
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.

25 May 03:10 The Guardian 7580308505393209790.html
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.

25 May 03:21 DIGITIMES 8411283749683565422.html
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.

25 May 03:59 680News 8014034333808335603.html
Senior markets operative jumps ship to MST Financial

Gerard Satur's MST Financial has made another high-profile hire. 

25 May 03:12 Australian Financial Review 3974284488168331976.html
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

25 May 03:28 Seeking Alpha 5725634556672848474.html
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.

25 May 03:00 POLITICO 2584151347061070079.html
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.

25 May 03:34 The Economic Times 7653256037194882404.html
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.

25 May 03:22 The Japan Times 6673764366763219875.html
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.

25 May 03:38 Traveller 679876630250622878.html
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

25 May 03:02 Crowdfund Insider 6834688073606381079.html
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.

25 May 03:11 The Guardian 7580308504634058816.html
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

25 May 03:09 Business-Standard 1502508924756341041.html
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.

25 May 03:57 Australian Financial Review 3974284487871324623.html
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.

25 May 03:57 Yahoo 7097669636932849508.html
Japan to end Tokyo’s state of emergency, eyes massive new stimulus

World’s third-largest economy has escaped an explosive coronavirus outbreak

25 May 03:50 The Globe and Mail 68426410905248975.html
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.

25 May 03:37 The Indian Express 2885715104571780108.html
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

25 May 03:35 Crowdfund Insider 6834688072688927932.html
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...

25 May 03:20 Malaymail 302165935058083960.html
Globalfoundries to implement ITAR and strict security assurances at New York fab

Globalfoundries has announced plans to implement export control security measures at its most advanced manufacturing facility, Fab 8, in Malta, New York. GF will bring its Fab 8 facility into compliance with both the US International Traffic in Arms Regulations (ITAR) standards and the Export Administration Regulations (EAR), making the company the most advanced ITAR foundry in the country.

25 May 03:09 DIGITIMES 8411283748995944740.html
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.

25 May 03:25 The Hans India 817019414464010855.html
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

25 May 03:44 Gulf News 2086521544841994638.html
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

25 May 03:07 Firstpost 4760741713607417204.html
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.

25 May 23:03 Australian Financial Review 3974284487630629822.html
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.

25 May 23:31 The Financial Express 1288289580039319897.html
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.

25 May 23:47 The New Daily 5848147786924767937.html
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.

25 May 23:00 The Financial Express 1288289580349134185.html
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...

25 May 23:45 The Seattle Times 9121942836643360567.html
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.

25 May 23:57 WAtoday 6806590900073806479.html
Bitcoin Could Confirm Recent Decline as a “Huge Bear Trap” if It Reclaims $9,200

Analysts are now noting that there is a chance this recent Bitcoin decline marks a “huge bear trap” that could be followed by further upside.

25 May 23:00 NewsBTC 7232133511356365958.html
Poundland to open 26 more stores this week

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

25 May 23:02 Shropshire Star 3480199992628626423.html
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

25 May 23:19 interest.co.nz 6454226276002137585.html
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

25 May 23:00 Bitcoinist.com 1696346938138774536.html
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 ...

25 May 23:15 CNA 5644198864283786413.html
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.

25 May 23:02 Financial Post 2379081493457246114.html
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.

25 May 23:57 Brisbane Times 2314609339627616911.html
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.

25 May 23:22 The Financial Express 1288289580622695734.html
Poundland to open 26 more stores this week

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

25 May 23:02 Express & Star 7324224459048586934.html
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.

25 May 23:01 Bloomberg.com 4032480121619913065.html
Rural job crisis ‘deepens’

Unemployment rate increases to 25 per cent from 22 per cent

25 May 23:55 The Telegraph 2864094128823428847.html
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.

25 May 23:40 WAtoday 6806590900578775664.html
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

25 May 23:14 Seeking Alpha 5725634557937430606.html
'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.

25 May 23:26 Newshub 2131266985389529101.html
Poundland to open 26 more stores this week

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

25 May 23:04 Jersey Evening Post 6141642773583990454.html
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.

25 May 23:40 Brisbane Times 2314609340132586096.html
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).

25 May 23:12 The Financial Express 1288289579582739990.html
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

25 May 23:39 The Financial Express 1288289581452592126.html
China’s Big Lenders and Fintech Firms to Distribute Virtual Yuan Tokens, which will be Highly Traceable, Potentially Amplifying Government’s Power: Report

Andy Mukherjee argues in a recently published Op-Ed in the Washington Post that the virtual yuan could potentially transform “the relationship between money,

25 May 23:32 Crowdfund Insider 6834688073386668518.html
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.

25 May 19:45 KitchenerToday.com 52741008948680926.html
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

25 May 19:35 FXStreet 4480975639857848171.html
ASX to open higher, $A steady

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

25 May 19:17 Australian Financial Review 3974284486436395064.html
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

25 May 19:00 New Vision 9103146373610803650.html
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

25 May 19:55 Seeking Alpha 5725634556785686093.html
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

25 May 19:24 Seeking Alpha 5725634557304640863.html
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...

25 May 19:10 Sputniknews 967333868535013545.html
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.

25 May 19:00 Irishexaminer 8196011179890711947.html
Memorial Day sales roundup: The best tech on sale

Memorial Day may look a little bit different this year, but it's still a chance to save. Here are the best Memorial Day sales right now.

25 May 19:29 Android Authority 5968532816593761302.html
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

25 May 19:28 The Globe and Mail 68426410316156857.html
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.

25 May 19:21 Daily Maverick 2373996788370052599.html
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.

25 May 19:55 Bloomberg.com 4032480121499719978.html
“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.

25 May 19:27 ESI-Africa.com 2679729877997770891.html
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

25 May 19:15 FXStreet 4480975640054771597.html
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

25 May 19:38 Deccan Herald 2027555797806061652.html
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.

25 May 19:23 PYMNTS.com 7357138826376049801.html
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.

25 May 19:33 BNN 3833521688924304198.html
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.

25 May 19:20 manilastandard.net 4715274785850905537.html
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

25 May 19:47 Premium Times Nigeria 5456729299613366082.html
COVID-19: Dubai Tourism, stakeholders discuss strategies for industry revival

Emirates commenced passenger flights between Dubai and nine destinations from May 21

25 May 19:16 Gulf News 2086521543724339915.html
Japan lifts emergency in Tokyo

Stimulus plan to be funded by 2nd extra budget, Abe support at record low

25 May 19:13 The Telegraph 2864094128045537449.html
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

25 May 19:01 FXStreet 4480975638524115369.html
GCash registrations increase by 250%

Globe Telecom Inc. saw an increase in mobile wallet users amid the enhanced community quarantine in the country.

25 May 19:10 manilastandard.net 4715274784916899510.html
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

25 May 19:34 Seeking Alpha 5725634557194683544.html
How JioMart Can Help Facebook's WhatsApp Monetize 400 Million Users

JioMart launched a pilot project on April 27 in which WhatsApp plays a major role. On May 22, the company announced the official launch of the JioMart platform.

25 May 19:22 Seeking Alpha 5725634556590129718.html
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. 

25 May 19:40 manilastandard.net 4715274785753086401.html
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

25 May 19:55 Seeking Alpha 5725634558090041927.html
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.

25 May 19:12 VentureBeat 6273363634984043954.html
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.

25 May 19:57 mobilesyrup 1267416330550110967.html
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.

25 May 19:26 euronews 7318238122057528969.html
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.

25 May 19:02 NDTV.com 5090057681636766630.html
UCD academics call for virus safety incentives for businesses

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

25 May 19:27 The Irish Times 8204772969162564636.html
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.

25 May 19:18 Daily Maverick 2373996788191976361.html
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

25 May 19:30 Financial Tribune 7109125995470148522.html
Amazon Launches Food Delivery Service With “Amazon Food” In India

Amazon is starting to offer online food delivery, which is called Amazon Food, in Bengaluru.

25 May 00:00 Forbes 6028587531647772912.html
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

25 May 00:00 Investing.com 5710361975227011210.html
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.

25 May 00:00 GhanaWeb 9132111494226928449.html
British cheesemakers call on consumers to buy Stilton as sales plummet 30%

The makers of the famous English cheese Stilton -- first British cheese to be awarded the protected designation of origin status -- are worried about the future after a sharp drop in sales since the introduction of containment and the closing of borders during the pandemic.

25 May 00:00 FoodNavigator.com 3674007565957795976.html
Bank of Canada head: inflation could return to target more slowly

Bank of Canada head: inflation could return to target more slowly

25 May 00:00 Investing.com 5710361976556386614.html
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...

25 May 00:00 Forbes 6028587530768736113.html
Brazil still plans to privatize 43 airports through 2022: minister

Brazil still plans to privatize 43 airports through 2022: minister

25 May 00:00 Investing.com 5710361976076268615.html
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.

25 May 00:00 Telangana Today 8182025568317729217.html
South African bankers work from home

“We have established that we can work very effectively from outside of the building.”

25 May 00:00 MyBroadband 3036103787895491022.html
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.

25 May 00:00 Forbes 6028587531240197881.html
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

25 May 00:00 Investing.com 5710361975749078646.html
Canada's banks to cement status as solid investments in a crisis

Canada's banks to cement status as solid investments in a crisis

25 May 00:00 Investing.com 5710361975199932103.html
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

25 May 00:40 The Financial Express 1288289579521651554.html
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...

25 May 00:50 Malaymail 302165936104559754.html
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.

25 May 00:00 GhanaWeb 9132111495673626587.html
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.

25 May 00:00 Moneycontrol 1603024963402123640.html
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.

25 May 00:00 Moneycontrol 1603024964247682378.html
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

25 May 00:31 interest.co.nz 6454226277268522859.html
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.

25 May 00:00 The Zimbabwe Mail 3765424162421997858.html
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

25 May 00:43 The Financial Express 1288289579807203200.html
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.

25 May 00:00 Moneycontrol 1603024965097430285.html
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.

25 May 00:00 ewn.co.za 2308610108153158351.html
Nordic investors turn up heat on coal in climate campaign

Nordic investors turn up heat on coal in climate campaign

25 May 00:00 Investing.com 5710361974513278698.html
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.

25 May 00:00 Moneycontrol 1603024964634472474.html
India user base grew 120%; focus on developing culturally relevant products: Snapchat

Snap Inc Managing Director (International Markets) Nana Murugesan said the company has been expanding its team in India

25 May 00:00 Moneycontrol 1603024965357467234.html
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

25 May 00:55 FXStreet 4480975640067761026.html
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. 

25 May 00:09 Australian Financial Review 3974284486882123646.html
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.

25 May 00:00 The Zimbabwe Mail 3765424162473720179.html
Facebook shareholders urged to rebel against Zuckerberg

Facebook shareholders have been urged to pressure the company to remove Mark Zuckerberg as chairman.

25 May 00:00 The Age 7967730562343519639.html
Top 5 Things to Know in the Market on Monday, May 25th

Top 5 Things to Know in the Market on Monday, May 25th

25 May 00:00 Investing.com 5710361975161094818.html
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.

25 May 00:00 Moneycontrol 1603024965305526836.html
Australian skiers book hotels

Australian tourists hoping for a ski season are already making bookings and inquiries at Wakatipu hotels. Novotel Queenstown Lakeside general...

25 May 00:00 Otago Daily Times Online News 3107042079313113827.html
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.

25 May 00:00 Moneycontrol 1603024964462985600.html
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.

25 May 00:00 Forbes 6028587530716611064.html
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.

25 May 00:00 Otago Daily Times Online News 3107042079253449583.html
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.

25 May 00:00 channelnews 7653493205061868642.html
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.

25 May 00:00 BusinessTech 2153596438818270148.html
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?

25 May 00:00 Forbes 6028587531174847418.html
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.

25 May 00:00 channelnews 7653493205703659416.html
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.

25 May 00:00 The Washington Times 8941836442613865843.html
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.

25 May 00:23 The Financial Express 1288289579524166523.html
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.

25 May 00:00 Moneycontrol 1603024964276433670.html
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

25 May 00:00 Investing.com 5710361975462780823.html
Stock Market Boost: Unemployment Outlook Shifts To Positive

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

25 May 00:00 Forbes 6028587530326068586.html
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.

25 May 00:00 BusinessTech 2153596440393670012.html
Pandemic Receding, Investors Review The Fallout

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

25 May 00:00 Forbes 6028587530393115056.html
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.

25 May 00:00 Forbes 6028587532286056155.html
Germany stamps authority on Lufthansa with $9.8 billion lifeline

Germany stamps authority on Lufthansa with $9.8 billion lifeline

25 May 00:00 Investing.com 5710361976455214065.html
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.

25 May 00:00 Forbes 6028587532101183954.html
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...

25 May 00:00 Otago Daily Times Online News 3107042080578229111.html
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.

25 May 00:05 The Financial Express 1288289579864255989.html
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.

25 May 00:00 Forbes 6028587531787455381.html
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.

25 May 00:00 ewn.co.za 2308610108352051037.html
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.

25 May 00:00 ewn.co.za 2308610106367746492.html
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.

25 May 00:00 Thrive Global 4395312876861721271.html
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.

25 May 00:30 Bangalore Mirror 4632149708306011904.html
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.

25 May 00:21 Seeking Alpha 5725634557327946577.html
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.

25 May 00:52 Australian Financial Review 3974284486373554867.html
Stuff CEO buys company for $1

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

25 May 00:00 Otago Daily Times Online News 3107042079790870730.html
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.

25 May 00:00 THE CITIZEN 7029251212531832107.html
Dublin-based Buymie expands its online supermarket to the UK via partnership with Co-op

Irish startup Buymie, the personalised online grocery delivery provider, has teamed-up with major supermarket Co-op to offer same-day home grocery deliveries and full personal shopping services across Bristol as a first UK city deployment. We featured Buymie this month in our list of 10 online super

25 May 00:00 EU-Startups 1488873443017633536.html
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.

25 May 00:00 Moneycontrol 1603024963540663956.html
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...

25 May 00:18 The Seattle Times 9121942837614164269.html
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

25 May 00:00 Moneycontrol 1603024964132402589.html
Australia gives companies a six-month break from earnings forecasts

Australia gives companies a six-month break from earnings forecasts

25 May 00:00 Investing.com 5710361975902553775.html
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.

25 May 00:00 Otago Daily Times Online News 3107042078671106365.html
Business owners urged to adjust to survive

MANDEVILLE, Manchester — President of the Manchester Chamber of Commerce Kenisha Dw...

25 May 00:00 Jamaica Observer 5357348615637217488.html
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.

25 May 00:00 Moneycontrol 1603024964488298622.html
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

25 May 00:00 Investing.com 5710361975296804022.html
Barrick pays Tanzania initial $100 million after gold shipments resume

The government had imposed a ban during a tax dispute.

25 May 00:00 The East African 3857388830083579623.html
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.

25 May 00:00 Moneycontrol 1603024964048688584.html
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.

25 May 00:20 FXStreet 4480975639949484762.html
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

25 May 00:00 THE CITIZEN 7029251212300538484.html
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.

25 May 00:00 BNN - Baltic News Network 1847219822293787185.html
HomeCapital gets fresh funding from Varanium NexGen, others

Startup helps homebuyers with a down payment assistance programme

25 May 00:00 Moneycontrol 1603024964808170691.html
Union minister Piyush Goyal's interpretation of an 'Atma Nirbhar Bharat'

Business leaders from across sectors interacted with Union Minister for Railways and Commerce & Industry, Piyush Goyal, during the current edition of India Today's e-Conclave 2020 Jumpstart series.

25 May 00:00 Business Today 1145527431124502252.html
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.

25 May 00:00 Telangana Today 8182025568324956014.html
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

25 May 00:09 The Spinoff 7256195144733766863.html
Covid-19 gulps EABL profits down by all of $28.7m

The brewer issued a profit warning following Covid-19 regulations to close bars.

25 May 00:00 The East African 3857388829697765469.html
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.

25 May 00:00 FoodNavigator.com 3674007565942328010.html
Staying Connected - With Bars And Restaurants Locked Down, Can Innovation Sustain Drinks And Food Sector Entrepreneurs?

U.K. Bars and restaurants remain in lockdown, a situation that also affects food and drinks suppliers. Rum entrepreneur, George Frost says innovation, flexibility and a willingness to help out partners are vital at this time.

25 May 00:00 Forbes 6028587531288452634.html
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.

25 May 00:00 Forbes 6028587530460726841.html
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.

25 May 00:00 Moneycontrol 1603024963707563365.html
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.

25 May 00:00 The East African 3857388829841607839.html
Australian dollar to the moon as freedom dies

See the latest Australian dollar analysis here:

25 May 00:48 MacroBusiness 6890797928987100859.html
371.67 lakh quintals of sugarcane procured in Hry

Haryana Cooperation Minister Banwari Lal on Sunday said that in the current crushing season 2019-20, all ten cooperative sugar mills of the state have procured 371.67 lakh quintals of sugarcane by May 21. The procurement is made after spending an amount of Rs 1262.54 crore, for which the payment

25 May 00:00 The Pioneer 1146783231969913158.html
Mexico can benefit from Chinese economic slowdown, Lopez Obrador says

Mexico can benefit from Chinese economic slowdown, Lopez Obrador says

25 May 00:00 Investing.com 5710361976030604105.html
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

25 May 00:00 Business Today 1145527430886748534.html
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.

25 May 00:00 Moneycontrol 1603024963671449021.html
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.

25 May 00:00 The Zimbabwe Mail 3765424162880389641.html
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.

25 May 00:00 channelnews 7653493204647425197.html
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.

25 May 00:00 ewn.co.za 2308610107722128357.html
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.

25 May 00:00 Moneycontrol 1603024965076428697.html
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.

25 May 00:01 Finextra 6000504750157821605.html
Air Baltic reports over 13,000 new bookings as flights resume

Relaunched routes include Riga to Amsterdam, Berlin and Munich, and Tallinn to Paris…

25 May 00:00 Business Traveller 900610881167580541.html
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.

25 May 00:00 Egypt Today 1963187898620852767.html
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.

25 May 00:00 The Zimbabwe Mail 3765424162345558716.html
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.

25 May 00:00 Forbes 6028587531402542431.html
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

25 May 00:00 Investing.com 5710361974633330053.html
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.

25 May 00:00 Moneycontrol 1603024964218929550.html
EU must present united front to shield pandemic-hit banks: regulator

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

25 May 00:00 Investing.com 5710361974640074760.html
Facebook shareholders urged to rebel against Zuckerberg

Facebook shareholders have been urged to pressure the company to remove Mark Zuckerberg as chairman.

25 May 00:00 WAtoday 6806590899808781719.html
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

25 May 00:00 The Shillong Times 2998999880108337436.html
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 .

25 May 00:30 Bangalore Mirror 4632149709191059319.html
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.

25 May 00:00 GhanaWeb 9132111495758929690.html
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

25 May 00:37 FXStreet 4480975639337388311.html
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.

25 May 00:00 Moneycontrol 1603024963992708554.html
Michiganders hold $50M in unredeemed bottle, can deposits

Fifty million dollars is a whole lot of dimes.

25 May 00:00 The Washington Times 8941836442896391785.html
'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.

25 May 00:00 Moneycontrol 1603024964271499926.html
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

25 May 00:00 The Pioneer 1146783232050461507.html
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

25 May 00:00 THE CITIZEN 7029251211618261185.html
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.

25 May 00:00 The Washington Times 8941836442430433030.html
Alireza Kohany Suggest 5 Things You Can Do Right Now to Prepare for the Post-Coronavirus Business World

Is your business ready for the five largest macro-trends we are about to see? Alireza Kohany explains...

25 May 00:00 Thrive Global 4395312877219800388.html
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.

25 May 00:00 Egypt Today 1963187899358445137.html
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.

25 May 00:00 Moneycontrol 1603024965090252842.html
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

25 May 00:00 The Washington Times 8941836442865126215.html
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.

25 May 00:00 Moneycontrol 1603024965073500801.html
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.

25 May 00:00 Telangana Today 8182025566429171250.html
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.

25 May 00:00 MyBroadband 3036103788316024186.html
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

25 May 00:00 Investing.com 5710361976253533304.html
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.

25 May 00:00 Otago Daily Times Online News 3107042078618130476.html
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.

25 May 00:00 GhanaWeb 9132111494430110080.html
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

25 May 00:00 Investing.com 5710361974769838415.html
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…

25 May 00:00 Business Traveller 900610880817571475.html
Why Orange Juice Sales Are On The Rise

For consumers who prefer to skip juicing an orange and fighting with the pulp in their kitchens, bottled orange juice is an easy and safe alternative. However, during the coronavirus outbreak, sales of orange juice are not increasing because of shoppers' desire for convenience.

25 May 00:00 Forbes 6028587531478982816.html
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.

25 May 00:00 MyBroadband 3036103789098990216.html
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.

25 May 00:00 Moneycontrol 1603024964192475873.html
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"...

25 May 00:00 Forbes 6028587531349809589.html
iCE3 Exchange gets Callpay Instant Deposits

South African cryptocurrency exchange iCE3 has launched an additional integrated EFT payment gateway on its platform.

25 May 00:00 MyBroadband 3036103789100876925.html
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.

25 May 00:00 Moneycontrol 1603024963382750726.html
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.

25 May 00:00 Moneycontrol 1603024965138701474.html
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

25 May 00:00 Investing.com 5710361976284551786.html
The Best Mattress Sales You’ll Find This Memorial Day

Whether you’re starting from scratch or upgrading your bed, right now is the best time of year to buy a mattress.

25 May 00:00 Forbes 6028587530553400753.html
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.

25 May 00:55 Free Press Journal 9080771787843574868.html
The one thing these great ICT companies have in common

There is one thing top South African IT and telecommunications companies have in common.

25 May 00:00 MyBroadband 3036103787931073770.html
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.

25 May 00:14 The Financial Express 1288289580319039212.html
This Week: New home sales, US GDP, consumer spending

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

25 May 00:00 The Washington Times 8941836442499168591.html
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.

25 May 00:00 Moneycontrol 1603024965019691160.html
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

25 May 00:00 Autosport 3695548570968072604.html
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

25 May 00:00 Investing.com 5710361975800525164.html
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...

25 May 00:00 Otago Daily Times Online News 3107042080387512167.html
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.

25 May 00:00 Moneycontrol 1603024965311104756.html
Tech and property upgrades on the way for Victorian kinders to support three-year-old roll out

Kinders throughout Victoria have been invited to apply for grants for facility upgrades and the purchase of new technology to prepare them for the roll-out of funded universal Three-Year-Old Kindergarten, the Victorian Government announced late last week.

25 May 00:00 The Sector 628795922533779715.html
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.

25 May 00:00 Moneycontrol 1603024964893122471.html
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

25 May 00:08 Seeking Alpha 5725634558082136034.html
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

25 May 00:00 Afternoon Voice 1450959142993473784.html
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.

25 May 00:00 Moneycontrol 1603024964692079778.html
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.

25 May 00:00 Moneycontrol 1603024963767237544.html
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.

25 May 00:00 ewn.co.za 2308610107941153077.html
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...

25 May 00:00 Otago Daily Times Online News 3107042079922656660.html
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.

25 May 00:00 BNN - Baltic News Network 1847219823091523259.html
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.

25 May 00:00 Forbes 6028587531685081206.html
Slump in consumption, exports push Germany into recession in first quarter

Slump in consumption, exports push Germany into recession in first quarter

25 May 00:00 Investing.com 5710361975334313374.html
Merkel's conservatives want stimulus package to include tax relief: document

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

25 May 00:00 Investing.com 5710361976413423616.html
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%.

25 May 00:00 channelnews 7653493206083379486.html
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

25 May 00:00 The Pioneer 1146783232302609927.html
TV actors battle to survive lockdown blues

As the television industry remains paralysed by lockdown, many actors and workers are scared. Non-payment of dues by many producers are just adding to the woes. For many, it is either turning into a struggle with mental health or a matter of survival

25 May 00:00 The Shillong Times 2998999880161923769.html
Bowers & Wilkins: Bonus Speakers With Home Cinema Bundles

Bowers & Wilkins is upgrading home cinema packages to 7.1 channels when a 5.1 channel speaker system is purchased, giving away two bonus speaker channels or a subwoofer with certain models. This high-value offer ends 30th June 2020.

25 May 00:00 channelnews 7653493205396754499.html
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.

25 May 00:00 Forbes 6028587531666220960.html
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...

25 May 00:00 Otago Daily Times Online News 3107042078645263745.html
Mexican auto industry groups urge Puebla state to allow operations to restart

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

25 May 00:00 Investing.com 5710361976327953162.html
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.

25 May 00:00 The Zimbabwe Mail 3765424161598434036.html
Thai central bank governor Veerathai will not seek 2nd term

Thai central bank governor Veerathai will not seek 2nd term

25 May 00:00 Investing.com 5710361975509336526.html
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.

25 May 00:00 Moneycontrol 1603024964336128401.html
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...

25 May 00:00 Otago Daily Times Online News 3107042078646081594.html
'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.

25 May 00:00 Moneycontrol 1603024964995089073.html
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.

25 May 00:00 MyBroadband 3036103788304843517.html
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

25 May 00:45 Yahoo 7097669637835799479.html
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.

25 May 00:00 BusinessTech 2153596440552216740.html
How to build an emergency fund

The financial problems caused by the pandemic has made everyone realise the importance of maintaining an emergency fund

25 May 00:06 Deccan Herald 2027555796077091604.html
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...

25 May 00:00 Forbes 6028587530986703728.html
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 ...

25 May 00:35 CNA 5644198863680560507.html
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.

25 May 00:14 The Financial Express 1288289580235013268.html
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.

25 May 00:00 ewn.co.za 2308610106725808641.html
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

25 May 00:00 EU-Startups 1488873443780638045.html
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.

25 May 00:00 Moneycontrol 1603024964129475426.html
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.

25 May 00:00 Telangana Today 8182025566623032203.html
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.

25 May 00:18 The Financial Express 1288289579525262386.html
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.

25 May 00:00 MyBroadband 3036103788401331169.html
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.

25 May 00:00 Moneycontrol 1603024963333695004.html
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.

25 May 00:00 BusinessTech 2153596439629978264.html
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.

25 May 00:02 The Financial Express 1288289579479165755.html
Gold – the solution to a $5,300,000,000,000 money printing problem

Defend your portfolio against inflation with gold.

25 May 00:00 BusinessTech 2153596439993531393.html
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.

25 May 00:00 Forbes 6028587531196154331.html
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.

25 May 00:00 Moneycontrol 1603024963406439373.html
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.

25 May 00:41 680News 8014034333439810029.html
Nissan and Renault shelve merger plans to repair their alliance: sources

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

25 May 00:00 Investing.com 5710361976174915929.html
Farmers use technology to boost sales

SCORES of farmers in Clarendon have been using locally developed technology platform

25 May 00:00 Jamaica Observer 5357348613903655876.html
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…

25 May 00:00 Business Traveller 900610880990756539.html
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

25 May 00:00 Investing.com 5710361975066425720.html
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.

25 May 00:00 Forbes 6028587531831030138.html
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

25 May 00:00 Forbes 6028587531083513962.html
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

25 May 00:20 interest.co.nz 6454226275827601372.html
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.

25 May 00:00 Moneycontrol 1603024964614022641.html
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.

25 May 00:32 Deccan Herald 2027555797541867257.html
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...

25 May 00:00 Otago Daily Times Online News 3107042079134083223.html
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.

25 May 00:00 Moneycontrol 1603024963436131572.html
Kharge slams Modi government on absence of sector-specific plan

Senior Congress leader says the Centre has refused to address the crisis

25 May 21:56 The Hindu 6679535025129574263.html
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

25 May 21:01 The Globe and Mail 68426409729440820.html
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.

25 May 21:01 Seeking Alpha 5725634556098609457.html
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 ...

25 May 21:42 Latest Nigeria News, Nigerian Newspapers, Politics 2658445900372073734.html
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.

25 May 21:50 The Indian Express 2885715104159109818.html
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

25 May 21:20 KitchenerToday.com 52741010178270800.html
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

25 May 21:44 KitchenerToday.com 52741008827286786.html
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 ...

25 May 21:45 CNA 5644198862990784762.html
Uniqlo to make face masks using underwear fabric

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. The company had previously been wary of making face masks, but a spokeswoman said…

25 May 21:00 Japan Today 8582716285870561942.html
EDITORIAL: Reform to benefit farmers

Agriculture contributes 26 per cent of the gross domestic product.

25 May 21:59 Daily Nation 7421817125214558411.html
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

25 May 21:48 Seeking Alpha 5725634556297083146.html
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

25 May 21:13 The Globe and Mail 68426410127193150.html
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.

25 May 21:25 680News 8014034333308060556.html
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

25 May 21:49 FXStreet 4480975638469060492.html
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.

25 May 21:59 Daily Nation 7421817125482301174.html
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.

25 May 21:00 NewsBTC 7232133510472735404.html
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

25 May 21:52 Deccan Herald 2027555797964567322.html
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

25 May 21:38 FXStreet 4480975638115588604.html
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.

25 May 21:00 MarketWatch 8975941548034349586.html
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.

25 May 21:00 Bloomberg.com 4032480122369072728.html
‘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.

25 May 21:37 The Indian Express 2885715105799953189.html
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.

25 May 21:49 Financial Post 2379081491896137756.html
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.

25 May 21:25 KitchenerToday.com 52741010786599220.html
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.

25 May 21:33 InvestorPlace 24614509606307186.html
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.

25 May 21:22 The Asian Age 2126266544477405308.html
Physical EGM by SBI contradicting rationale behind lockdown, says IiAS

In a report, IiAS said the bank “is compelled to hold a physical EGM in June, contradicting the rationale behind national lockdowns to contain the spread of Covid-19.”

25 May 21:30 The Indian Express 2885715104352770929.html
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

25 May 21:30 Seeking Alpha 5725634557842085454.html
Rich Chinese Snapping up Luxury Homes From Singapore to Sydney

Rich Chinese home buyers are back.

25 May 21:00 Bloomberg.com 4032480122062160000.html
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.

25 May 21:35 Business-Standard 1502508925297246680.html
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.

25 May 21:30 The Financial Express 1288289581091659394.html
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

25 May 21:33 The Globe and Mail 68426411667029913.html
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.

25 May 21:57 TechRadar 2111116914403180543.html
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

25 May 21:05 Breitbart 3148363492297369601.html
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.

25 May 21:59 Daily Nation 7421817124117212348.html
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

25 May 21:27 Seeking Alpha 5725634556356097938.html
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...

25 May 21:42 Malaymail 302165935464359018.html
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.

25 May 21:33 myGC.com.au 214966660975756225.html
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.

25 May 21:00 Bloomberg.com 4032480121464225159.html
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.

25 May 21:31 Financial Post 2379081493030167415.html
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

25 May 21:44 iNFOnews.ca 6669504244919126795.html
China: Lawmaker Proposes Creation of a National Blockchain Fund

China’s blockchain adoption could go a step further with lawmakers looking at the creation of a national blockchain development fund. Authorities in Beijing continue to push for more involvement of the country’s government in leveraging the emerging technology across several economic sectors.

25 May 21:07 BTC Manager 8549607151785890438.html
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.

25 May 05:16 Australian Financial Review 3974284487045224998.html
Tim Wilson wants fresh inquiry into Hostplus conflicts

The federal MP has asked regulators to investigate 'vertical integration' in the industry superannuation sector.

25 May 05:53 Australian Financial Review 3974284486316034863.html
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.

25 May 05:31 Financial Post 2379081493092081791.html
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.

25 May 05:20 The Economic Times 7653256038193412689.html
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.

25 May 05:26 Deccan Herald 2027555796475501776.html
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....

25 May 05:04 Latest Nigeria News, Nigerian Newspapers, Politics 2658445900216405642.html
KKR becomes Jio Platform's fifth investor in five weeks | ZDNet

Bringing the amount of investment made to ₹78,562 crore during this recent investment cycle.

25 May 05:10 ZDNet 591556592792395888.html
Telford firm boosts PPE supply with 3D printing

A manufacturing service provider has produced hundreds of face shields for distribution into the NHS.

25 May 05:00 Shropshire Star 3480199992464720877.html
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

25 May 05:38 FXStreet 4480975639992771399.html
US farmers worried as crop prices dip

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

25 May 05:34 Daily Nation 7421817123752121592.html
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

25 May 05:05 FXStreet 4480975639964025771.html
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.

25 May 05:29 Australian Financial Review 3974284487564755409.html
Pandemic stifles progress in the 405 diningscape but doesn't kill it

The Food Dude updates the latest news from around the 405 diningscape.

25 May 05:00 THE OKLAHOMAN 7193318761745642545.html
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.

25 May 05:27 Abplive 5873643725968524212.html
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.

25 May 05:00 Shropshire Star 3480199992132350823.html
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.

25 May 05:00 Shropshire Star 3480199993230432834.html
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 →

25 May 05:09 News Today 4115950001903191270.html
Gold Futures: Correction lower on the cards

Open interest in gold futures markets shrunk for the second session in a row on Friday, this time by around 2.5K contracts according to preliminary fi

25 May 05:07 FXStreet 4480975639437570813.html
Plant-based 'meats' catch on in the COVID-19 pandemic

Meat industry's troubles may have provided a boost for plant-based meat substitutes

25 May 05:39 Gulf News 2086521545550549809.html
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

25 May 05:03 Crowdfund Insider 6834688073340721833.html
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.

25 May 05:03 WAtoday 6806590899501573096.html
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.

25 May 05:03 The Age 7967730562036311016.html
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.

25 May 05:37 The Economic Times 7653256037897283081.html
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.

25 May 05:57 TechCentral 724913819731858452.html
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

25 May 05:20 the Guardian 1491978796210527258.html
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....

25 May 05:49 Latest Nigeria News, Nigerian Newspapers, Politics 2658445901877169335.html
Chinese Congress Reviews National Blockchain Fund Bill

A bill to create a specialized national blockchain fund was submitted to China's congress during the annual 'Two Sessions'.

25 May 05:57 Finance Magnates 8992138265270375496.html
Regal, Tribeca-backed Trident Resources mulls spearing the ASX

There could be a new type of mining exposure heading Down Under before too long. 

25 May 05:26 Australian Financial Review 3974284486910857697.html
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%

25 May 05:00 Rappler 1882105643748072921.html
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.

25 May 05:54 Australian Financial Review 3974284487987873369.html
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.

25 May 05:02 BNN 3833521688345238080.html
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

25 May 05:46 Seeking Alpha 5725634557474353859.html
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.

25 May 05:05 Australian Financial Review 3974284487377174935.html
Hertz files for bankruptcy after rental-car demand vanishes

Drop in used-car sales compounds financial woes.

25 May 05:14 Moneyweb 1092550947468813968.html
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".

25 May 05:46 Australian Financial Review 3974284486853417362.html
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

25 May 05:47 FXStreet 4480975638662633153.html
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.

25 May 05:03 Brisbane Times 2314609339055383528.html
Drought-stricken farmers still desperate for rain

Farmers in parched regions of the country say the rain that has fallen over the past 24 hours is a small reprieve - but it's no drought breaker.

25 May 05:47 Newshub 2131266986537181887.html
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.

25 May 05:50 BNN 3833521689711462540.html
How investment in nature can help the North's economy recover after lockdown

Natural assets are one of the North's greatest strengths, says IPPR North

25 May 05:00 ChronicleLive 1984146902192404464.html
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.

25 May 05:13 Reuters 8334514179763735898.html
This Week: New home sales, US GDP, consumer spending

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

25 May 05:10 680News 8014034334227327578.html
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

25 May 16:54 The Hindu 6679535025675691262.html
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

25 May 16:02 Seeking Alpha 5725634556558952936.html
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.

25 May 16:08 OVERDRIVE 7781473804256703775.html
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.

25 May 16:25 CP24 1887544295413659577.html
‘An opportune time to invest in markets’

Clarity on economic recovery to unfold over 2 quarters: Reliance Securities CEO

25 May 16:50 The Hindu 6679535024747654094.html
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,...

25 May 16:01 The Seattle Times 9121942837074398760.html
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

25 May 16:24 Business-Standard 1502508925568099535.html
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

25 May 16:07 BusinessLine 5283600980293985.html
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.

25 May 16:25 OVERDRIVE 7781473804365971707.html
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

25 May 16:20 Seeking Alpha 5725634556083679207.html
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.

25 May 16:52 BNN 3833521688083293658.html
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.

25 May 16:21 Reuters 8334514181342776699.html
Hyundai, Ford set to resume car exports

Lockdown impacted carmakers’ shipments

25 May 16:49 The Hindu 6679535024548986042.html
Delhi's peak power demand reaches season's highest, 56% more than April

Delhi witnessed a peak power demand that reached as much as 5268 MW on the night of May 24.

25 May 16:25 DNA India 7533428662831158514.html
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.

25 May 16:00 MarketWatch 8975941547955954656.html
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.

25 May 16:34 Reuters 8334514180288831883.html
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

25 May 16:00 Seeking Alpha 5725634558068611328.html
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.

25 May 16:24 Irishexaminer 8196011179689136058.html
Analysis: Smart grid facilitates grid flexibility and resilience

Change in electricity consumption patterns during lockdown has put grid resilience to the test but grid flexibility is currently coping with demand shifts.

25 May 16:45 ESI-Africa.com 2679729876680401811.html
Government to stop maize procurement by month-end

Less than half of estimated maize produce procured so far

25 May 16:47 The Hindu 6679535024402718195.html
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.

25 May 16:54 The Economic Times 7653256037624203147.html
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

25 May 16:08 The Indian Express 2885715104523599336.html
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.

25 May 16:21 The Financial Express 1288289580835064846.html
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.

25 May 16:05 The Motley Fool 2231313658532905420.html
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.

25 May 16:15 PYMNTS.com 7357138825389215354.html
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.

25 May 16:30 Coronavirus 2422791598584471600.html
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

25 May 16:00 NewsBTC 7232133510816953544.html
This Accredited Agile Project Management Bundle by SPOCE is 93% off for just $99

With today's highlighted deal, get 1-Year access to accredited training content on AgilePM®, PRINCE2®, & PRINCE2 Agile® for the senior level project managers in the making via Neowin Deals.

25 May 16:46 Neowin 8633418615760552447.html
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

25 May 16:11 Deccan Herald 2027555797281594901.html
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

25 May 16:07 Seeking Alpha 5725634557835055371.html
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 […]

25 May 16:55 The Guardian 7580308503695283446.html
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

25 May 16:53 FXStreet 4480975639086742388.html
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

25 May 16:27 Vanguard News 4125100339494281735.html
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.

25 May 01:00 The Economic Times 7653256036420897046.html
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.

25 May 01:00 The Irish News 993065895546116.html
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.

25 May 01:25 Financial Post 2379081491951906316.html
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.

25 May 01:17 The Bellingen Shire Courier-Sun 713218232749036591.html
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.

25 May 01:00 The Economic Times 7653256036708268925.html
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

25 May 01:00 Bitcoinist.com 1696346936236981912.html
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...

25 May 01:00 finanzen.at 7258357744359722316.html
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

25 May 01:32 FXStreet 4480975638665596194.html
Mercedes-AMG boss tipped for top job at Aston Martin

The British brand's relationship with Mercedes may become stronger according to international reports.

25 May 01:32 CarAdvise 772235095210531872.html
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.

25 May 01:18 Business Insider Australia 5575934301858707726.html
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.

25 May 01:00 The Economic Times 7653256036979406239.html
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.

25 May 01:39 Financial Post 2379081492026208584.html
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.

25 May 01:00 The Irish News 993065289315748.html
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.

25 May 01:37 Free Press Journal 9080771786931647292.html
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

25 May 01:41 FXStreet 4480975639362295628.html
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.

25 May 01:32 Reuters 8334514180102390207.html
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.

25 May 01:17 The Age 7967730562075178600.html
Reliance launches JioMart online grocery service, challenging Amazon and Flipkart

Reliance has launched an online grocery service, JioMart, in a move aimed at rivaling Amazon's local unit and Walmart's Flipkart in India.

25 May 01:18 VentureBeat 6273363636875380983.html
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.

25 May 01:12 Firstpost 4760741712306814395.html
Top 10 biz headlines: Slowdown blues, coronavirus lockdown impact, and more

Here are the top 10 headlines on Monday morning

25 May 01:19 Business-Standard 1502508926095255190.html
Major automakers see demand for personal vehicles going up

Automakers like Maruti Suzuki, Honda, Toyota and Tata Motors expect demand for personal vehicles to go up in the country as social distancing and fear associated with COVID-19 veer people away from public transport.

25 May 01:02 Free Press Journal 9080771788636135058.html
4 More Oil Stocks That Could Go Bankrupt in 2020

These oil companies are on a slippery slope.

25 May 01:13 The Motley Fool 2231313657726573614.html
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

25 May 01:00 NewsBTC 7232133509813869775.html
Two more resource sector raisings out of Canaccord

It's a busy morning for small and microcap resources investors. 

25 May 01:05 Australian Financial Review 3974284487756820065.html
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.

25 May 01:17 WAtoday 6806590899540440680.html
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

25 May 01:02 FXStreet 4480975638670351599.html
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.

25 May 01:00 manilastandard.net 4715274784397067250.html
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.

25 May 01:28 Free Press Journal 9080771787696488109.html
JA Solar to Showcase New Lineup of PV Modules During Online VR Exhibition

BEIJING, May 24, 2020 /PRNewswire/ -- JA Solar ("the Company"), a leading manufacturer of high-performance photovoltaic products, will hold an onl...

25 May 01:00 finanzen.at 7258357744233509673.html
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.

25 May 01:00 The Irish News 993066459548343.html
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...

25 May 01:00 finanzen.at 7258357744017758228.html
JA Solar to Showcase New Lineup of PV Modules During Online VR Exhibition

BEIJING, May 24, 2020 /CNW/ -- JA Solar ("the Company"), a leading manufacturer of high-performance photovoltaic products, will hold an online exh...

25 May 01:00 finanzen.at 7258357744361704826.html
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.

25 May 01:57 Australian Financial Review 3974284486517926910.html
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

25 May 01:31 Seeking Alpha 5725634556807878007.html
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

25 May 01:58 FXStreet 4480975639926267545.html
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.

25 May 01:32 The Indian Express 2885715105700451262.html
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

25 May 04:14 FXStreet 4480975638621343669.html
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

25 May 04:30 The Hindu 6679535024341561577.html
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.

25 May 04:51 The Hindu 6679535026040120827.html
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

25 May 04:30 Business-Standard 1502508924820737165.html
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.

25 May 04:28 The Guardian 7580308505272914044.html
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.

25 May 04:07 CTVNews 2422791598854960409.html
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.

25 May 04:51 Financial Post 2379081491631856964.html
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...

25 May 04:32 Malaymail 302165935474395335.html
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.

25 May 04:40 WAtoday 6806590900229544111.html
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

25 May 04:56 Firstpost 4760741711865803191.html
‘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

25 May 04:00 Ft 707176888076779344.html
BSNL announces Rs 699 and Rs 786 prepaid plans: Here is everything you need to know

On the occasion of Eid, the government-backed telecom operator unveiled a special Rs 786 prepaid plan for its users.

25 May 04:04 Business Today 1145527430657913840.html
Rolls-Royce increases price-cuts pressure on suppliers

Big equipment makers turn to strained supply chain for savings

25 May 04:00 Ft 707176888701055897.html
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.

25 May 04:40 Brisbane Times 2314609339783354543.html
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

25 May 04:07 FXStreet 4480975638960378302.html
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

25 May 04:00 Seeking Alpha 5725634557842135981.html
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.

25 May 04:53 CTVNews 2422791598868291298.html
Home Bargains, B&M and B&Q's opening times today

Full opening hours for the second bank holiday in May 2020

25 May 04:00 Liverpool Echo 7727211174326980384.html
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.

25 May 04:57 CarAdvise 772235094084811908.html
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:

25 May 04:00 MacroBusiness 6890797930099194940.html
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

25 May 04:50 BusinessLine 5283601368014398.html
Global engines fire up again, Europe makes steady start

Europe, despite reeling under the pandemic, is steadily opening up.

25 May 04:53 The Economic Times 7653256036882676391.html
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.

25 May 04:22 The Economic Times 7653256036877647242.html
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

25 May 04:53 Bitcoinist.com 1696346937024210021.html
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,

25 May 04:15 FXStreet 4480975639714281339.html
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.

25 May 04:00 Bloomberg.com 4032480122080043975.html
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

25 May 04:29 BusinessLine 5283600366524927.html
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.

25 May 04:40 The Age 7967730562764282031.html
Some business risks can be prepared for in advance

Corporates will now need to fast track learning from pandemic-enforced disruptions too

25 May 04:33 Gulf News 2086521543846116744.html
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...

25 May 04:31 The Guardian 7580308505537283193.html
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.

25 May 04:06 Australian Financial Review 3974284486828750435.html
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

25 May 04:11 Gulf News 2086521545669593345.html
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

25 May 04:43 FXStreet 4480975639273793142.html
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.

25 May 04:24 The Hans India 817019414148465762.html
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

25 May 04:00 Derbyshire Live 9061707932284431137.html
European consumers stockpile savings, adding to economic drag

Bank deposits surge as households seek to shield themselves from impact of coronavirus

25 May 04:00 Ft 707176888567888315.html
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.

25 May 04:34 The Indian Express 2885715104030396436.html
What every Canadian investor needs to know today

A look at the morning’s market action

25 May 09:39 The Globe and Mail 68426410195637994.html
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

25 May 09:00 BusinessLine 5283601090783737.html
Book sales soar as French lockdown eases

Even so, overall, sales were 60 percent down compared the corresponding period in 2019.

25 May 09:38 Daily Nation 7421817123992922803.html
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...

25 May 09:54 Malaymail 302165934753652117.html
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

25 May 09:56 BusinessLine 5283602021324903.html
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

25 May 09:05 Rappler 1882105642917667067.html
US-based Alsco seeks permission for Spotless Laundries

The sale of Spotless Laundries is certainly keeping the minds at the competition regulator busy. 

25 May 09:16 Australian Financial Review 3974284487787467560.html
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

25 May 09:32 FXStreet 4480975640152810303.html
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.

25 May 09:26 Australian Financial Review 3974284486297136160.html
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

25 May 09:51 The Globe and Mail 68426411013044092.html
Fast Track mergers: MCA keen to extend facility to more classes of companies

asks industry to come up with comprehensive suggestions

25 May 09:25 BusinessLine 5283602000953174.html
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%.

25 May 09:51 The Motley Fool 2231313657240377205.html
Crack in fashion! Tesco stocks white eggs for the first time in more than 40 years after huge rise in demand

The eggs - which are used in McDonald's breakfast McMuffins - will cost the same as the brown free-range equivalent, starting from 89p for a box of six medium eggs.

25 May 09:24 Mail Online 124328111918250150.html
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

25 May 09:15 Punch Newspapers 3524240994726811247.html
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.

25 May 09:36 The Courier 4275302768882119894.html
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%

25 May 09:08 The Hindu 6679535024990913145.html
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

25 May 09:35 FXStreet 4480975639031698441.html
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...

25 May 09:14 Sputniknews 967333868704817678.html
$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.

25 May 09:41 Castanet 616068602159591099.html
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...

25 May 09:37 Malaymail 302165936465231552.html
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

25 May 09:16 Seeking Alpha 5725634557664380607.html
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.

25 May 09:17 India Today 4286117813592748253.html
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.

25 May 09:05 The Jakarta Post 7678601103715824508.html
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.

25 May 09:23 The Financial Express 1288289580810861827.html
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

25 May 09:32 BusinessLine 5283601909548499.html
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

25 May 09:07 Business-Standard 1502508924802063602.html
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

25 May 09:21 FXStreet 4480975638638871901.html
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.

25 May 09:30 The Financial Express 1288289581150853196.html
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

25 May 09:49 iHarare News 2755902706525339633.html
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

25 May 09:33 Gulf News 2086521545542244651.html
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.

25 May 09:31 The Courier 4275302768507145925.html
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.

25 May 09:19 Africanews 6630243980031584851.html
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

25 May 09:00 Growth Quarters | The Next Web 3990801509039798674.html
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.

25 May 09:41 ESI-Africa.com 2679729878395777664.html
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

25 May 09:02 Seeking Alpha 5725634557255049879.html
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

25 May 09:51 mirror 675785259762974118.html
S&P 500: The market ended on a positive note in 17 of the past 23 presidential election years – Charles Schwab

Interest in the next presidential election and its potential impact on the market increases exponentially as we approach Election Day. While the outco

25 May 09:17 FXStreet 4480975639019586099.html
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.

25 May 09:52 The Jakarta Post 7678601104394886061.html
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 »

25 May 09:51 ISSCNC 6824315490700520451.html
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.

25 May 09:55 The Economic Times 7653256038278478342.html
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.

25 May 09:01 ESI-Africa.com 2679729878418980831.html
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,

25 May 09:55 Seeking Alpha 5725634556464322098.html
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.

25 May 09:25 The Financial Express 1288289579964044967.html
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.

25 May 09:28 Australian Financial Review 3974284488166687748.html
CBIC clears Rs 11,052 crore GST refund claims since April 8

India Business News: The Central Board of Indirect Taxes (CBIC) on Monday said it has sanctioned GST refund claims worth Rs 11,052 crore in 47 days. In a tweet, the CBIC s

25 May 09:56 The Times of India 6060938664444226420.html
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.

25 May 09:50 Australian Financial Review 3974284487301795067.html
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

25 May 09:56 Yahoo 7097669638857248215.html