Economy 100029 May12:0014:0016:0018:0020:00
French carmaker Renault to cut 15,000 jobs worldwide

29 May 12:49 21 articles

French carmaker Renault to cut 15,000 jobs worldwide

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

29 May 12:49 CTVNews 2422791599140171880.html
Renault to cut 15,000 jobs

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

29 May 06:46 Castanet 616068603019488300.html
Renault announces 15,000 job cuts worldwide

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

29 May 08:16 Jersey Evening Post 6141642773773034490.html
French carmaker Renault announces 15,000 job cuts worldwide

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

29 May 08:01 TechGenyz 5378425015846222589.html
French carmaker Renault announces 15,000 job cuts worldwide

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

29 May 07:50 The Economic Times 7653256037411750161.html
French carmaker Renault announces 15,000 job cuts worldwide

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

29 May 06:52 KitchenerToday.com 52741009702364975.html
Renault to slash about 15,000 jobs in €2bn cost-cutting plan

Carmaker eyes production cuts after fall in demand during coronavirus crisis

29 May 11:08 Ft 707176890028434978.html
Renault to cut 15,000 jobs in 2b euro cost cutting plan

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

29 May 09:08 The Jakarta Post 7678601103947146089.html
Renault to cut 14,600 jobs worldwide and lower capacity

Cost reductions aimed at outlasting the downturn that has rocked the auto industry

29 May 07:56 The Irish Times 8204772967574399179.html
Renault to restructure factories, confirms 15,000 job cuts

News News: PARIS: Carmaker Renault said on Friday it was launching talks with unions to restructure some French plants and potentially close others as it confirm.

29 May 06:25 The Times of India 6060938663569387067.html
Renault to cut 15,000 jobs in US$2.2b cost cutting plan

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

29 May 07:13 CNA 5644198863133049479.html
French carmaker Renault to take extreme measures on costs, cuts 14,000 jobs

Top official admits that manufacturer had been spending way too much, plans 10% job cuts

29 May 06:51 Gulf News 2086521545202241887.html
We thought too big, Renault says as it axes 15,000 jobs in cost-cutting reboot

Renault acknowledged that its global ambitions had been unrealistic, announcing plans to cut about 15,000 jobs, shrink production and restructure French plants as it pressed the reset button and sought to banish the spectre of Carlos Ghosn. Faced with a slump in demand that has been exacerbated by the coronavirus pandemic, Renault detailed plans on Friday to find 2 billion euros ($2.22 billion) in savings over the next three years. "We thought too big in terms of sales," said interim Chief Exe

29 May 08:54 Autoblog 4372976972555997065.html
Faltering Renault to cut 15,000 jobs worldwide, including 4,600 in France

French carmaker Renault said on Friday it was launching talks with unions to restructure some plants and potentially close others as it confirmed plans to cut around 15,000 jobs worldwide to ride out…

29 May 04:19 France 24 5635134571035291232.html
Renault Cutting Nearly 15,000 Jobs Worldwide to Save Costs

Renault announced it will be cutting 14,600 jobs around the world in a bid to save costs during the pandemic.

29 May 09:46 Interesting Engineering 7328942541817317440.html
‘We thought too big,’ Renault says as it axes 15,000 jobs in cost-cutting reboot

Faced with a slump in demand that has been exacerbated by the coronavirus pandemic, Renault detailed plans on Friday to find 2 billion euros in savings over the next three years.

29 May 11:03 The Globe and Mail 68426410031045063.html
Renault announces nearly 15,000 job losses worldwide

Renault has announced nearly 15,000 job losses worldwide, including 4,600 in France in a €2 billion cost-cutting plan over three years.

29 May 06:24 RTE.ie 7595237278015603014.html
Renault To Cut Nearly 15,000 Jobs, Alpine A110 Future In Doubt

Renault's plan is to save in excess of €2 billion over three years. It involves reconverting the Dieppe plant at the end of the Alpine A110's production.

29 May 02:38 Motor1.com 1648269241399631840.html
French carmaker Renault to cut 15,000 jobs worldwide

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

29 May 00:00 The Washington Times 8941836442755062329.html
French carmaker Renault announces 15,000 job cuts worldwide

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

29 May 00:00 The Pioneer 1146783232630092176.html
We thought too big, Renault says as it axes 15,000 jobs in cost-cutting reboot

We thought too big, Renault says as it axes 15,000 jobs in cost-cutting reboot

29 May 00:00 Investing.com 5710361974738730182.html
Month-End Profit-Taking Weighs On Equities As The Euro Pops Above $1.11

29 May 11:50 22 articles

Month-End Profit-Taking Weighs On Equities As The Euro Pops Above $1.11

Equity markets in the Asia-Pacific region were mixed, with Japan, Hong Kong, Australia, and Taiwan seeing selling pressure. The Dow Jones Stoxx 600 is snapping

29 May 11:50 Seeking Alpha 5725634556758868394.html
Tokyo shares snap 4-day winning streak amid U.S.-China tensions

Tokyo shares fell Friday, with both the benchmark Nikkei and Topix indexes snapping their four-day winning streaks, amid concern about worsening U.S.-China tensions over Beijing's new security law that Washington says will undermine the autonomy of Hong Kong. The 225-issue Nikkei Stock Average ended down 38.42 points, or 0.18 percent,…

29 May 07:00 Japan Today 8582716286508229010.html
US stocks end lower as China tensions end three-day Dow streak

NEW YORK: Wall Street stocks ended lower on Thursday (May 28) following a late-afternoon retreat on growing US-China tensions, as markets digested ...

29 May 05:39 CNA 5644198863187169781.html
Tokyo stocks close lower on US-China tension

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

29 May 07:43 Malaymail 302165934904464356.html
US-China tension to push Asian shares lower in choppy trade

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

29 May 08:05 CNA 5644198862835007287.html
Tokyo stocks open lower on US-China tension

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

29 May 10:00 manilastandard.net 4715274784914778304.html
Bursa Malaysia extends downtrend at mid-day

KUALA LUMPUR, May 29 ― Bursa Malaysia extended its earlier downtrend to end the morning session easier, echoing the weaker performance of regional peers, dampened by heightened concerns over the United States (US)-China tension. At 12.30pm, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI)...

29 May 06:11 Malaymail 302165935932803247.html
Sensex rebounds 224 points from day's low, Nifty at 9,580; ONGC top gainer, jumps over 5%

Sensex jumped 224 points on Friday, driven by gains in HDFC, ITC and HUL despite weak cues from global markets.

29 May 11:10 Firstpost 4760741713521950469.html
Bursa Malaysia turns positive at mid-afternoon

KUALA LUMPUR, May 29 ― Bursa Malaysia reversed its earlier downtrend to stay in positive territory at mid-afternoon, thanks to gains in selected index-linked counters. Bucking the regional trend, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) gained 3.27 points to 1,460.77 as at 3.06pm against...

29 May 07:53 Malaymail 302165935885817673.html
Bursa bucks regional trend on economic recovery plan news

KUALA LUMPUR, May 29 — Bursa Malaysia bucked the regional trend to close higher today, thanks to buying support in index-linked counters and positive news on the government’s new economic recovery plan, dealers said. The benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) rose 15.75 points to end the...

29 May 10:21 Malaymail 302165935516733377.html
What every Canadian investor needs to know today

A look at the morning’s market action

29 May 09:55 The Globe and Mail 68426409987949127.html
Tokyo stocks open lower on US-China tension

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

29 May 02:37 Malaymail 302165934725030731.html
Asia-Pacific Stocks Decline As China Passes Resolution on Hong Kong Security Bill

On Wall Street, major stock indexes suffered losses in overnight trading on Thursday, while the US economy gradually reopens from the coronavirus-induced lockdown.

29 May 02:14 Sputniknews 967333869282716666.html
Bursa Malaysia slightly lower in early trade

KUALA LUMPUR, May 29 ― Bursa Malaysia retreated from yesterday's gains to open slightly lower this morning dampened by selling in the index-linked counters amid mixed market sentiment. At 9.05am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) eased 6.09 points to 1,451.41 from yesterday’s...

29 May 01:47 Malaymail 302165934425455767.html
Asian shares set to dip in choppy trade over worries about worsening US-China ties; dollar slips, oil prices give up gains

Oil prices gave up some of their gains overnight, as concerns that Trump could impose sanctions on China over Hong Kong and a surprise build in inventories overshadowed a steady improvement in US refining activity

29 May 01:13 Firstpost 4760741712028244885.html
Month-End Profit-Taking Weighs On Equities As The Euro Pops Above $1.11

Forex Analysis by Marc Chandler covering: Nikkei 225, STOXX 600, USD/CNH. Read Marc Chandler's latest article on Investing.com

29 May 00:00 Investing.com 5710361975337511913.html
Stocks - Wall Street Falls at Open on Profit-Taking; Trump China Briefing Eyed

Stocks - Wall Street Falls at Open on Profit-Taking; Trump China Briefing Eyed

29 May 00:00 Investing.com 5710361975902429046.html
US-China tension to push Asian shares lower in choppy trade

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

29 May 00:00 Moneycontrol 1603024964768579582.html
Stocks Turn Positive After Trump Keeps Phase One China Trade Deal Intact

Trump took a more confrontational approach with China on Friday.

29 May 00:00 Forbes 6028587532349745703.html
Stocks - US Futures Lower; Consolidating Ahead of Trump Speech

Stocks - US Futures Lower; Consolidating Ahead of Trump Speech

29 May 00:00 Investing.com 5710361975331633700.html
Rand, stocks drop with focus on US response to China over Hong Kong

The rand treaded water for most the session and but saw some selling late on after the trade balance for April swung to a large deficit as exports tumbled.

29 May 00:00 ewn.co.za 2308610106431679669.html
Stocks - Dow Notches Two-Month Winning Streak as Trump Stops Short on China

Stocks - Dow Notches Two-Month Winning Streak as Trump Stops Short on China

29 May 00:00 Investing.com 5710361976433999741.html
RIL, HDFC Bank send Sensex 300 points down; check what’s dragging markets today

29 May 10:18 21 articles

RIL, HDFC Bank send Sensex 300 points down; check what’s dragging markets today

Among top Sensex losers, Axis Bank was followed by IndusInd Bank, HDFC Bank, Kotak Mahindra Bank, Tata Steel and HDFC, down in the range of 2-3 per cent.

29 May 10:18 The Financial Express 1288289580294210132.html
Sensex drops over 300 pts in early trade; Nifty tests 9,400 level

Equity benchmark Sensex tumbled over 300 points in early trade on Friday dragged by losses in HDFC Bank, Infosys, TCS and Reliance Industries amid weak cues from global markets. After touching a low

29 May 10:22 Deccan Herald 2027555796706209546.html
Markets march higher for third day; post weekly gains

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

29 May 10:42 The Times of India 6060938663212048903.html
Rupee settles 14 paise higher at 75.62 against US dollar

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

29 May 08:57 The Hindu 6679535026352466082.html
Rupee appreciates 14 paise to close at 75.62; forex traders say investors await Q4 GDP data

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

29 May 09:14 Firstpost 4760741711730271823.html
Markets Weaken On Opening Session As Sensex Slips 247.86 Points, Nifty At 9438 Points

The stock market was pulled down as Infosys and Axis Bank slipped 2 per cent each respectively, while Vodafone Idea soared 10 per cent on news that Google is interested in buying a 5 per cent stake in the company.

29 May 05:58 Abplive 5873643726300780484.html
Sensex rises 224 points, Nifty ends above 9,500-mark lead by pharma, FMCG stocks

The S&P BSE Sensex rose 223.51 points (0.69 per cent) to settle at 32,424.10, while the Nifty 50 ended at 9,580.30, up 90.20 points (0.95 per cent).

29 May 10:33 The Indian Express 2885715104334174037.html
Market LIVE: Sensex ends 600 pts up from day’s low, Nifty settles at 9,568; HDFC, ITC among top contributors

Share Market News Today | Sensex, Nifty, Share Prices LIVE: BSE Sensex and Nifty 50 turned positive in the late afternoon deals on Friday. Nifty 50 index reclaimed 9,500-mark to trade at 9,521

29 May 10:04 The Financial Express 1288289579708855097.html
Sensex, Nifty close higher for third straight session: Key factors behind the share market rally

Amid weak cues from global markets, Sensex and Nifty opened lower, although erased early losses and reversed trend by the last hour of the session, amid rally in sector specific action. Barring IT and media, all the indices closed higher, amid heavy gains in realty, pharma and FMCG stocks

29 May 12:42 Business Today 1145527432039066218.html
Sensex surges 224 points; Nifty tops 9,550-mark

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

29 May 10:54 The Hindu 6679535026146319127.html
Rupee settles 14 paise higher at 75.62 against US dollar

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

29 May 09:00 The Hans India 817019414843662664.html
Equity market records N29bn loss

Johnson Okafor Trading activities on the floor of the Nigerian Stock Exchange fell by 0.22 per cent on Thursday to halt its gaining streak as market speculators began profit-taking. Consequently,...

29 May 04:07 Punch Newspapers 3524240993914380002.html
Share Market Update: Sensex ends 233 points higher, Nifty at 9,580; Wipro, BPCL, ONGC, Indian Oil top gainers

Stock Market LIVE Updates:

29 May 04:12 Business Today 1145527432009160480.html
Sensex, Nifty fall ahead of GDP numbers; Vodafone Idea jumps 14%

At around 9:30 am, BSE Sensex was trading 259.77 points lower at 31,940.82, while NSE Nifty was down 0.72 per cent at 9,422. By 9:35 am, Sensex was down over 320 points and Nifty was struggling to stay above 9,400. 

29 May 04:15 India Today 4286117813990442598.html
Rupee rises 11 paise to 75.65 against US dollar in early trade

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

29 May 11:12 Deccan Herald 2027555797530136510.html
Rupee rises 11 paise to 75.65 against US dollar in early trade

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

29 May 05:44 The Indian Express 2885715105111403138.html
What changed for the market while you were sleeping? Top 10 things to know

Trends on SGX Nifty indicate a gap down opening for the index in India with a 101 points loss.

29 May 00:00 Moneycontrol 1603024964240548454.html
Sensex drops over 300 pts in early trade; Nifty tests 9,400 level   

Equity benchmark Sensex tumbled over 300 points in early trade on Friday dragged by losses in HDFC Bank, Infosys, TCS and Reliance Industries

29 May 00:00 Telangana Today 8182025567514113125.html
Indian rupee settles 14 paise higher at 75.62 against US dollar

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

29 May 00:00 Moneycontrol 1603024964885525730.html
Sensex surges 224 pts; Nifty tops 9,550-mark

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

29 May 00:00 Telangana Today 8182025566800388259.html
Taking Stock: Volatile Friday! Nifty reclaims 9,500; Sensex rallies over 200 points

Sectorally, the S&P BSE Realty index gained 4.5 percent, BSE Oil & Gas index 3.4 percent and BSE FMCG index was up 2.8 percent.

29 May 00:00 Moneycontrol 1603024965372691498.html
Wipro appoints Thierry Delaporte as CEO & Managing Director

29 May 08:44 12 articles

Wipro appoints Thierry Delaporte as CEO & Managing Director

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

29 May 08:44 BusinessLine 5283600313163776.html
Capgemini's top executive Thierry Delaporte is new Wipro CEO

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

29 May 03:45 Business Today 1145527432291867301.html
Wipro names former Capgemini COO Thierry Delaporte as new CEO; Neemuchwala to leave on 1 June

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

29 May 04:10 Firstpost 4760741712676426010.html
Who is Thierry Delaporte? Three interesting facts about Wipro’s new boss

Information technology major Wipro has appointed Capgemini Chief Operating Office, Thierry Delaporte, as its new Chief Executive Officer (CEO) and Managing Director.

29 May 11:07 The Financial Express 1288289579772078494.html
Wipro appoints Thierry Delaporte as new CEO and MD

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

29 May 05:34 The Hindu 6679535025833020055.html
Capgemini COO Thierry Delaporte becomes new Wipro CEO and MD

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

29 May 04:15 Business-Standard 1502508924853868927.html
Thierry Delaporte appointed as CEO and Managing Director of WIPRO

29 May 04:02 Free Press Journal 9080771787223824047.html
Wipro appoints Capgemini’s Thierry Delaporte as new CEO, MD

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

29 May 03:58 The Times of India 6060938664650064741.html
Wipro Appoints Capgemini's Thierry Delaporte As CEO, Managing Director

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

29 May 04:05 NDTV.com 5090057681448379975.html
After Infosys, now Wipro hires a Capgemini top executive as CEO & MD

Appoints French IT services firm's COO Thierry Delaporte for its top post

29 May 06:59 Business-Standard 1502508926502333377.html
Trump signs an executive order about social media platforms

Days after Twitter added 'fact check' to two of US President Donald Trump tweets, calling them 'potentially misleading', the latter has signed an executive order about social media platforms. The order is aimed at limiting the broad legal protections enjo

29 May 00:00 Business Today 1145527431230735768.html
Who is Wipro’s new MD and CEO?

Wipro’s new MD and CEO Thierry Delaporte: Wipro named Thierry Delaporte as its new chief executive officer (CEO) and managing director (MD). He will be replacing Abidali Neemuchwala who relinquishes his position on June 1.

29 May 08:03 The Indian Express 2885715104357463079.html
Oil falls but set to post biggest monthly rise in years on output cuts

29 May 09:08 7 articles

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

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

29 May 09:08 The Indian Express 2885715105537480492.html
Oil rises about 2% as higher US refinery rates offsets surprise crude build

US crude inventories rose 7.9 million barrels last week, exceeding expectations, due to a big increase in imports from Saudi Arabia, the Energy Information Administration (EIA) says

29 May 03:16 Business-Standard 1502508925338104246.html
WTI Price Analysis: Oil eyes record monthly surge

While West Texas Intermediate (WTI) crude's front-month contract has backed off from the 2.5-month highs reached earlier this week due to deterioratin

29 May 02:52 FXStreet 4480975638205860597.html
Crude futures slip nearly 5% on demand concerns; gain 86.61% in May

In the futures market, crude oil for June delivery touched an intraday high of Rs 2,530 and an intraday low of Rs 2,450 per barrel on MCX.

29 May 00:00 Moneycontrol 1603024964225120370.html
Oil Prices Rebound Nearly 90% In May For Best Month On Record

Prices increased by more than 5% on Friday.

29 May 00:00 Forbes 6028587530456605051.html
Oil prices fall as U.S. fuel demand remains weak

Oil prices fall as U.S. fuel demand remains weak

29 May 00:00 Investing.com 5710361974483933212.html
Oil Posts Best Month Ever, Even As Rig Cuts Decline, Stockpiles Climb

Oil Posts Best Month Ever, Even As Rig Cuts Decline, Stockpiles Climb

29 May 00:00 Investing.com 5710361975162670904.html
Starling Bank raises £40 million as SME banking business picks up

29 May 09:05 5 articles

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

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

29 May 09:05 Finextra 6000504749475274762.html
Starling Bank boosts its support for small and medium-sized businesses

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

29 May 09:47 TechRadar 2111116915022925038.html
Starling Bank Scores Another £40 Million from Existing Investors

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

29 May 09:24 Finance Magnates 8992138264945837691.html
Challenger bank Starling raises additional £40m

Fintech led by former AIB chief operating officer, has now raised £363m to date

29 May 10:31 The Irish Times 8204772967806923087.html
UK challenger bank Starling Bank raises €44.3 million to support small businesses

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

29 May 00:00 EU-Startups 1488873444567197574.html
Apple retains top spot in the wearables market in Q1

29 May 11:23 8 articles

Apple retains top spot in the wearables market in Q1

A new report suggests Apple shipped over 21 million wearables units in Q1, giving it a 29.3% market share.

29 May 11:23 iMore 3803412792232054746.html
IDC: Hearables market sees growth, but smartwatch sales decline in Q1 2020

The first quarter of 2020 had the wearables market see a significant growth despite the ongoing Coronavirus pandemic. According to an IDC report, the hearables market has seen impressive growth during this time of crisis, while smartwatches and fitness trackers have seen a decline in sales. The hearables category includes all the headphones, earphones earbuds, …

29 May 09:31 Gizmochina 1751854814886488222.html
TI remains top analog IC supplier

With analog sales of US$10.2 billion and a 19% market share, Texas Instruments held a firm grip on its position as the leading supplier of analog devices in 2019, according to IC Insights.

29 May 08:21 DIGITIMES 8411283750125936970.html
Apple tops wearables Q1 growth, but wristbands, hearables lead the segment

The International Data Corporation (IDC) report says smartwatches and basic ones registered a decline in growth, which was offset by wristbands and hearables.

29 May 10:44 TechRadar 2111116915122049382.html
TI rules the analogue roost

In 2019, TI’s analogue sales were directed to industrial applications (36% of revenue), smartphones and other personal electronics (23% of revenue), and automotive applications (21% of revenue).  All three application segments are highly profitable and afford it the best opportunities for growth now and into the future, the company said.

29 May 05:30 Electronics Weekly.com 6636672080751320998.html
IDC: Apple still dominates the wearable market with 21.2 million units shipped in Q1 2020

Apple continues to lead the market for wearable products, according to the latest IDC report. The company shipped 21.2 million units of these products in the first quarter of 2020, which represents 29.3% of the total share. Compared to the first quarter of 2019, the company grew by 13.3 million units, or 23.7% of market […]

29 May 00:39 9to5Mac 8219339160201192709.html
IDC: Hearables market on the rise, but smartwatch sales have declined in Q1 2020

Global shipments for wearables went up by 29.7% YoY with 72.6 million units shipped.

29 May 00:00 GSMArena 7227394116620722992.html
Samsung's global wearables shipments grew by 71% for the first quarter of 2020

The latest IDC report on the wearables market (for the first quarter of 2020 (1Q2020)) shows that its watch sector declined. However, this shortfall was addressed by gains made by the audio and band categories. Apple remained the #1 brand in terms of shipments, although Samsung posted the greatest year-on-year (YoY) growth.

29 May 00:00 Notebookcheck 6932799089577839579.html
SoftBank investment chief given 113% pay rise despite Vision Fund woes

29 May 11:31 3 articles

SoftBank investment chief given 113% pay rise despite Vision Fund woes

Ex-Deutsche trader Rajeev Misra earns $15m even after historic losses at Japanese tech group

29 May 11:31 Ft 707176889063927048.html
SoftBank Vision Fund head's pay doubled last year despite massive losses

SoftBank Vision Fund's head, Rajeev Misra, saw his total pay for the past business year more than double to roughly $15 million, even as the fund's under-performance pushed SoftBank to a record operating loss of some $13 billion.

29 May 03:46 The Economic Times 7653256036906607328.html
SoftBank Vision Fund CEO Gets 113% Pay Raise Despite Massive Losses

The Vision Fund chief saw his salary more than double despite historic losses at the Japanese tech group.

29 May 00:00 Forbes 6028587532388979853.html
Renault poised to announce 15,000 lay offs worldwide

29 May 00:00 4 articles

Renault poised to announce 15,000 lay offs worldwide

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

29 May 00:00 Moneycontrol 1603024965087732964.html
Renault poised to announce 15,000 layoffs worldwide

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

29 May 04:35 The Indian Express 2885715105049920910.html
Coronavirus crisis: Renault to lay off 150,000 employees globally

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

29 May 03:50 Business Today 1145527431237434548.html
Renault poised to announce 15,000 layoffs worldwide: union

French carmaker Renault is poised to announce 15,000 layoffs worldwide on Friday as it unveils a plan to boost its profitability and cope with ...

29 May 02:40 CNA 5644198862558315927.html
No proposal before board now, says Voda Idea on Google picking stake in co

29 May 09:48 6 articles

No proposal before board now, says Voda Idea on Google picking stake in co

The clarification to the BSE by Vodafone Idea comes a day after reports that Alphabet Inc's Google is eyeing about 5% stake in the telecom company.

29 May 09:48 Business-Standard 1502508925815974829.html
Vodafone Idea Denies Reports Of Likely Stake Sale Talks With Google

On Friday, Vodafone Idea shares rose 12.71% to Rs 6.56 apiece on the BSE on reports of a likely stake sale deal with Google.

29 May 11:21 Bloomberg | Quint 7403450741658805191.html
Vodafone Idea issues clarification on reports of Google picking stake in company

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

29 May 11:12 The Statesman 1191309781477413474.html
No proposal from Google, says Vodafone Idea

29 May 10:21 Free Press Journal 9080771788789875236.html
Vodafone Idea dismisses report of Google buying stake

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

29 May 11:47 Business Today 1145527431791070335.html
Vodafone Idea not considering any proposal from Google

On May 28, it was reported that Google was looking to enter India's telecom market via a 5 percent stake purchase in Vodafone Idea.

29 May 00:00 Moneycontrol 1603024964936570175.html
Explainer: How important is Hong Kong to China as a free finance hub?

29 May 08:32 5 articles

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

HONG KONG (Reuters) - Bankers and investors fear China’s push to impose national security laws on Hong Kong threaten the city’s future as an international financial centre. If it gets to that stage, Beijing’s move will come at a cost for China’s economy.

29 May 08:32 Reuters 8334514179850264376.html
Explainer: How important is Hong Kong to China as a free finance hub?

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

29 May 08:53 Business-Standard 1502508926679069074.html
How important is Hong Kong to China as a free finance hub?

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

29 May 08:15 The Economic Times 7653256037791915878.html
How important is Hong Kong to China as a free finance hub?

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

29 May 00:00 Moneycontrol 1603024964861033475.html
Explainer: How important is Hong Kong to China as a free finance hub?

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

29 May 00:00 Investing.com 5710361976153450662.html
SpiceJet gets DGCA approval to conduct drone trials, plans delivery of essentials in remote areas

29 May 11:23 5 articles

SpiceJet gets DGCA approval to conduct drone trials, plans delivery of essentials in remote areas

A SpiceXpress-led consortium had submitted a proposal to the regulator for conducting experimental Beyond Visual Line of Sight (BVLOS) operations of remotely piloted aircraft in response to a DGCA notice inviting Expression of Interest.

29 May 11:23 DNA India 7533428662250927203.html
SpiceXpress: SpiceJet gets DGCA nod for drone trials

Low cost carrier SpiceJet has received formal approval from the Directorate General of Civil Aviation (DGCA) to conduct drone trials, the airline said on Friday.Post trials and approvals, SpiceXpress, the dedicated cargo arm of SpiceJet, plans to use drones to provide for a quicker, faster and a cost-effective delivery

29 May 07:15 Mumbai Mirror 1209961192794507484.html
SpiceJet Becomes India's First Carrier to Deliver Essential Supplies, E-Commerce Goods Via Drones

New Delhi (Sputnik): As the coronavirus pandemic has put restrictions on the unessential movement of people and services, drones have spearheaded contactless deliveries...

29 May 09:23 Sputniknews 967333868140545142.html
Spicejet gets DGCA approval for drone trials

The drones will be used for faster and cost-effective delivery of medical, pharma and essential supplies and e-commerce products…

29 May 00:00 Business Traveller 900610880617535042.html
SpiceXpress receives DGCA approval for drone trials

Post trials and approvals, the airline plans to use drones in delivery of essential supplies to remote areas, the company said in a release.

29 May 00:00 Moneycontrol 1603024963741742556.html
VW spending $2.2B to expand in China's electric car market

29 May 07:58 11 articles

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

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

29 May 07:58 Tech Xplore 4945708899343696713.html
VW spending $2.2B to expand in China’s electric car market

Volkswagen makes its biggest foreign investment of $2.2 billion to make its presence in the Chinese electric vehicle market.

29 May 06:38 TechGenyz 5378425015913960931.html
VW spending $2.2B to expand in China's electric car market

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

29 May 06:05 680News 8014034334214280675.html
Volkswagen Ploughs Over $2 Billion Into the Chinese Electric Car Industry

On Friday, Volkswagen announced it would be investing $2.2 billion in two companies in the Chinese electric vehicle sector in a bid to push forward the "world's biggest market" towards the electrification of cars.

29 May 08:44 Interesting Engineering 7328942541279250305.html
Volkswagen AG pumps 2 billion euros into China electric vehicle bet, buys stakes in 2 firms

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

29 May 04:44 The Economic Times 7653256037969454429.html
Volkswagen Looks East To China, Pledges €2bn To Boost Beijing's Electric, New Energy Vehicle Market

The world's largest automaker group is set to enter the Chinese market as rival motor companies compete for a top spot in the world's largest car market, the company...

29 May 11:19 Sputniknews 967333867515316499.html
Volkswagen to invest 2 billion euros in Chinese EV deal, buys stakes in two firms

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

29 May 06:25 Business Today 1145527431884728587.html
VW increases bet on China’s slowing electric vehicle market

German group will invest €2bn into growing presence in country despite hit from Covid-19

29 May 09:34 Ft 707176889524481933.html
Volkswagen invests €2b in Chinese electric vehicle sector

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

29 May 07:46 Malaymail 302165935428917796.html
Volkswagen invests two billion euros in China – new acquisitions are part of its electrification strategy

Volkswagen has announced some big moves in China as part of its electrification strategy in the world's largest auto market. The German giant plans to

29 May 08:20 Paul Tan's Automotive News 7862472106291726060.html
Volkswagen spending $2.2 billion to expand in China’s electric car market

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

29 May 00:00 Telangana Today 8182025567132434382.html
Wipro shares up by nearly 4%, after appointment announcement of Capgemini exec, Thierry Delaporte

29 May 06:42 7 articles

Wipro shares up by nearly 4%, after appointment announcement of Capgemini exec, Thierry Delaporte

29 May 06:42 Free Press Journal 9080771787338818279.html
Wipro share price gains nearly 6% after Thierry Delaporte named new CEO and MD

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

29 May 07:18 Business Today 1145527431060352636.html
Wipro gains over 6% after Co appoints Thierry Delaporte as new CEO and MD

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

29 May 04:26 Business-Standard 1502508925200004732.html
Wipro shares gain nearly 4% on Thierry Delaporte’s appointment as CEO, MD of company

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

29 May 06:10 Firstpost 4760741713225168042.html
Wipro shares gain 1% after Co appoints Thierry Delaporte as new CEO and MD

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

29 May 04:26 Business-Standard 1502508926271545722.html
Wipro Shares Gain Over 2% On Appointment Of New CEO And Managing Director

Wipro shares gained more than 2 per cent on the BSE on the appointment of Capgemini executive Thierry Delaporte as new CEO and managing director.

29 May 04:51 NDTV.com 5090057682265371242.html
Wipro shares jump 7 per cent on new CEO appointment

Shares of Wipro on Friday closed nearly 7 per cent higher after the company announced the appointment of Capgemini Group veteran Thierry Delaporte as its CEO and MD, effective July 6.

29 May 00:00 Telangana Today 8182025566728535733.html
India's economy seen slowing rapidly in March quarter, with worse to come

29 May 08:11 13 articles

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

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

29 May 08:11 Deccan Herald 2027555796108872763.html
India's economy seen slowing rapidly in March quarter, with worse to come

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

29 May 06:21 Bdnews24 8119004129304994366.html
GDP Numbers Expected To Show India's Economy Grew At Slowest Pace In 2 Years

Economists expect the fiscal year that began in April will see the worst economic contraction in four decades.

29 May 04:06 HUFFPOST 6665507018615307945.html
GDP for 2019-20 Q4 plummets to 3.1%, full year growth at 4.2%

Data suggests that India's GDP growth in FY2019-20 slowed down to an 11-year-low of 4.2 per cent.

29 May 12:19 India Today 4286117813701412525.html
India’s economy seen slowing rapidly in March quarter, with worse to come

Economists expect worst financial contraction in four decades

29 May 04:08 The Globe and Mail 68426411471686560.html
Top headlines: GDP growth slips to 3.1% in Q4FY20; 4.2% in 2019-20

Business Standard brings to you the top headlines of the day

29 May 10:25 Business-Standard 1502508926046619621.html
India GDP growth slows to 3.1% in Q4, stands at 11-year low of 4.2% in FY20

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

29 May 12:19 Business-Standard 1502508925541543150.html
India's Q4 GDP growth falls to 3.1% - worst since 2009 global financial crisis

India's gross domestic product (GDP) growth in Q4FY20 is the lowest in 44 quarters, according to the data by Central Statistics Office (CSO)

29 May 12:15 Business Today 1145527432738635945.html
StatCan expected to report GDP down nine per cent in March, 10 per cent in Q1

OTTAWA — Statistics Canada is expected to report today that economic growth swung negative in March and the first quarter as a whole due to the COVID-19 pandemic.

29 May 08:00 KitchenerToday.com 52741009447194527.html
Lockdown impact: Economy seen slowing rapidly in March qtr, with worse to come

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

29 May 02:48 India Today 4286117813347177802.html
India's economy may have grown at slowest in 2 years during March quarter

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

29 May 01:53 Business-Standard 1502508925800783787.html
India's economy seen slowing rapidly in March quarter, with worse to come

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

29 May 00:21 Yahoo 7097669637717529319.html
Coronavirus Impact: GDP growth lowest in 11 years

India's gross domestic product (GDP) grew at 3.1 per cent in the final quarter of financial year 2019-20, lowest in 44 quarters, according to the government data released on Friday. Overall growth for FY20 slumped to 4.2 per cent - lowest since FY09 when

29 May 00:00 Business Today 1145527431028913291.html
Eurozone Preliminary CPI misses estimates with 0.1% YoY in May, EUR/USD keeps highs

29 May 09:01 5 articles

Eurozone Preliminary CPI misses estimates with 0.1% YoY in May, EUR/USD keeps highs

According to Eurostat’s flash reading of Eurozone CPI report, the annual reading came in at +0.1% in May, meeting expectations of +0.2% and +0.3% prev

29 May 09:01 FXStreet 4480975639429091679.html
Euro zone flash inflation at four-year low in May

Consumer prices in the 19 countries sharing the euro declined by 0.1% in month of May

29 May 09:29 The Irish Times 8204772967474581304.html
Eurozone: Inflation numbers confirm the concerns of rising risks of deflation – Nordea

Euro-area inflation came in at 0.1% y/y in May, down from 0.3% last month, while core inflation stood unchanged. The outlook is more uncertain further

29 May 09:43 FXStreet 4480975639447230749.html
US: Annual core PCE Price Index dropped to 1% in April

The Personal Consumption Expenditures (PCE) Price Index declined to -0.5% on a monthly basis in April from -0.2%, the US Bureau of Economic Analysis r

29 May 12:40 FXStreet 4480975638413295966.html
EUR/JPY falls back to 200-day SMA as Tokyo inflation beats estimates

The bid tone around the Japanese yen strengthened early Friday, pushing EUR/JPY back to levels below the 200-day simple moving average (SMA) at 119.25

29 May 00:28 FXStreet 4480975640009040921.html
Vodafone Idea shares up by 30% amid reports of Google investment

29 May 08:01 12 articles

Vodafone Idea shares up by 30% amid reports of Google investment

29 May 08:01 Free Press Journal 9080771788353054062.html
Vodafone-Idea share price jumps 15%, Google mulls 5% stake buy in cash-strapped telco

Struggling telecommunications firm Vodafone-Idea saw its share price jump 15% in the initial few minutes of trade on Friday as investors reacted to the news of internet giant Google considering a 5% equity stake buy in the company.

29 May 10:08 The Financial Express 1288289579567506377.html
Google considering taking stake in Vodafone Idea: Report

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

29 May 04:52 The Indian Express 2885715105377118764.html
Google's interest positive but may not help solve Voda Idea's debt woes

Acquisition of a controlling stake by an outsider or a sizable equity infusion by current promoters remains the need of the hour, Credit Suisse said in its latest note

29 May 09:19 Business-Standard 1502508926692103668.html
Voda Idea jumps 35% on reports Google eyeing 5% stake in telco

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

29 May 04:22 The Economic Times 7653256038275645702.html
Vodafone Idea surges 35% on report Google eyeing 5% stake, trims gain later

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

29 May 03:49 Business-Standard 1502508926166912033.html
Google may pick 5% stake in Vodafone Idea

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

29 May 08:22 Deccan Herald 2027555797023268434.html
Google could pick up stake in Vodafone Idea

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

29 May 00:56 The Asian Age 2126266544114886149.html
Vodafone Idea share price zooms 35% on report Google eyeing stake in telco

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

29 May 04:09 Business Today 1145527431317231067.html
Mubadala Investment Company eyes stake in Jio Platforms: Source

Abu Dhabi-based sovereign investor Mubadala Investment Company is in discussions to invest in Reliance Industries' digital unit Jio Platforms, a source said.

29 May 01:10 Free Press Journal 9080771788559513115.html
Google mulling stake in VIL positive but inadequate to solve telcos' debt woes: Analysts

Acquisition of a controlling stake by an outsider or a sizable equity infusion by current promoters remains the need of the hour, Credit Suisse said in its latest note.

29 May 00:00 Moneycontrol 1603024964695329452.html
Vodafone Idea share price dips 20% from day's high after co clarifies on stake sale

Any such investment will provide a breather for Vodafone Idea which has been reeling under increasing financial stress.

29 May 00:00 Moneycontrol 1603024965273217916.html
The pandemic has tightened Putin's economic grip but spells trouble for the future

29 May 00:12 3 articles

The pandemic has tightened Putin's economic grip but spells trouble for the future

The coronavirus has allowed Vladimir Putin to expand the Russian state's involvement in its economy, but it creates some long-term issues.

29 May 00:12 The Age 7967730562638753540.html
The pandemic has tightened Putin's economic grip but spells trouble for the future

The coronavirus has allowed Vladimir Putin to expand the Russian state's involvement in its economy, but it creates some long-term issues.

29 May 00:12 Brisbane Times 2314609339657826052.html
The pandemic has tightened Putin's economic grip but spells trouble for the future

The coronavirus has allowed Vladimir Putin to expand the Russian state's involvement in its economy, but it creates some long-term issues.

29 May 00:12 WAtoday 6806590900104015620.html
Bharti Infratel share price doubles from March lows, stock gains 8% today; check new target prices

29 May 11:57 3 articles

Bharti Infratel share price doubles from March lows, stock gains 8% today; check new target prices

Brokerages seem to be bullish on Bharti Infratel stock and see the upside of nearly 23 per cent. Amid lockdown restrictions, Bharti Infratel last month extended its deadline for completion of a merger with Indus Towers to June 24.

29 May 11:57 The Financial Express 1288289579719679162.html
This telco stock has doubled in two months; eyes fresh highs

Bharti Infratel share price has doubled from its 52-week low of Rs 121 touched on March 19, 2020. However, the stock is still 22% lower from its 52-week high of Rs 295.75 registered on December 2 last year

29 May 11:11 Business Today 1145527432305073468.html
Bharti Infratel hits over 3-month high; zooms 100% from March lows

The stock rallied 8% per cent to Rs 243 in the intra-day deals today, and was quoting at its highest level since February 14, 2020 on the BSE

29 May 04:24 Business-Standard 1502508926636907452.html
GBP/USD hits 2-1/2-week high, around 1.2365 region ahead of Trump

29 May 12:17 19 articles

GBP/USD hits 2-1/2-week high, around 1.2365 region ahead of Trump

The GBP/USD pair quickly reversed a mid-European session dip to sub-1.2300 level and jumped to the highest level since May 12, around the 1.2365-70 re

29 May 12:17 FXStreet 4480975638562155597.html
AUD/USD trades at fresh session highs near 0.6660 ahead of key US data

The AUD/USD pair came under strong bearish pressure toward the end of the American session and fell to 0.6620 area. Heightened US-China tensions over

29 May 11:55 FXStreet 4480975639795728787.html
AUD/USD Price Analysis: Greenback’s drop accelerates the rise above 0.6600

AUD/USD takes the bids around 0.6658, up 0.20% on a day, during the pre-European session on Friday. The Aussie pair recently gained traction after the

29 May 05:35 FXStreet 4480975638881820620.html
US Dollar Index drops to 2-month lows near 98.20 ahead of Trump

The greenback faces extra selling pressure at the end of the week and is forcing the US Dollar Index (DXY) to recede to fresh 2-month lows in the 98.2

29 May 07:21 FXStreet 4480975640048749321.html
Pound-to-New Zealand Dollar Rate Breaking Down into New Lower Range, but Nears Support

The British Pound Sterling vs the New Zealand Dollar: Latest GBP/NZD News and Analysis

29 May 11:01 The Pound Sterling Live 6614579506626126971.html
NZD/USD climbs above 0.6200 on broad USD weakness

After trading defensively and falling below 0.6200 during the Asian trading hours, the NZD/USD pair gained traction in the last hour and climbed to a

29 May 10:58 FXStreet 4480975640068880266.html
USD/CHF dives to 4-week lows, around 0.9600 mark amid notable USD supply

The intraday USD selling bias picked up pace during the early European session and pushed the USD/CHF pair to near four-week lows, around the 0.9600 m

29 May 10:06 FXStreet 4480975638159874930.html
USD/CAD hangs near 2-1/2-month lows post-US/Canadian data, focus remains on Trump

The USD/CAD pair held on to its softer tone through the early North American session and had a rather muted reaction to the US/Canadian macro data. Th

29 May 12:51 FXStreet 4480975639117540104.html
AUD/USD bulls flirt with 200-DMA, around 0.6660 region

The AUD/USD pair climbed to session tops, around the 0.6660 region in the last hour, with bulls making a fresh attempt to extend the momentum beyond t

29 May 07:51 FXStreet 4480975639963134207.html
Ringgit higher against US dollar on improved global sentiment

KUALA LUMPUR, May 29 — The ringgit ended the week slightly higher against the US dollar today on improved global sentiment despite lower oil prices, a dealer said. As at 6pm, the local note was quoted at 4.3450/3500 versus the greenback compared with yesterday’s close of 4.3540/3600. FXTM...

29 May 11:27 Malaymail 302165935460244915.html
USD/JPY: Consolidative above 107.00

The rangebound mood in USD/JPY appears unchanged at least in the very near-term above 107.00, Pablo Piovano, an editor at FXStreet’s, briefs. The pair

29 May 10:39 FXStreet 4480975640086342647.html
Dollar in narrow range as focus shifts to Trump’s China response

The local currency shone on Thursday, gaining traction versus the dollar, amid trivial activity. Despite demand for dollars from the corporate and interbank players, the shilling was propelled to close at the 3775-3785 levels as the market was crammed with end month foreign currency inflows. Ahead of the weekend, the home unit may hold on to its recently acquired gains and possibly set new ranges. The dollar was hemmed into a narrow trading range yesterday as traders’ focus shifted to U.S. President Donald Trump’s response to China’s passage of a national security law for Hong Kong. The greenback was on course for a weekly loss against major currencies as progress in lifting coronavirus lockdowns and stimulus plans in Europe weakened demand for safe havens, but the mood could quickly worsen if Sino-U.S. tensions increase.

29 May 07:03 EABW Digital 2826306001316187994.html
Gold: Strongly rejected at $1727.37

The trend on the hourly chart below is still firmly down. This current wave higher could be the next lower high and there could be some signs of a rej

29 May 06:29 FXStreet 4480975638095678884.html
USD/CNH struggles to hold near to 7.20, bearish bets of weaker dollar play out

USD/CNH has been sent back to a low of 7.1659 on Friday, travelling from a monthly high printed yesterday and a touch below there today at 7.1770 as E

29 May 02:00 FXStreet 4480975639034592993.html
GBP/USD Price Analysis: 50-day EMA regains bulls’ attention above 1.2300

The GBP/USD pair’s pullback from the intraday bottom fades upside momentum around 1.2320/25 amid Friday’s Asian session. Even so, the pair stays mildl

29 May 01:45 FXStreet 4480975639424096900.html
GBP/JPY keeps the lower high formation above 132.00 as risk remains heavy

GBP/JPY declines 132.38, intraday low of 132.33, down 0.20% on a day, amid the initial Tokyo open on Friday. In addition to the upbeat economics from

29 May 01:24 FXStreet 4480975639980742928.html
USD/CAD Price Analysis: Seesaws between 61.8% Fibonacci retracement, 100-day EMA

USD/CAD drops from the intraday high of 1.3785 to 1.3773 amid the initial hour of Tokyo trading on Friday. In doing so, the pair retreats from 100-day

29 May 00:47 FXStreet 4480975639127287868.html
Sterling rises 0.5pc versus weaker dollar, flat versus euro

LONDON, May 29 ― The pound rose around half a per cent against a weaker dollar yesterday, but was little changed against the euro, as Brexit-related risks and speculation about negative interest rates continue to limit the pound's gains. The safe-haven dollar fell to a near two-month low as...

29 May 00:33 Malaymail 302165935099021354.html
Forex - Dollar Drifts Lower in Tight Trading Ranges

Forex - Dollar Drifts Lower in Tight Trading Ranges

29 May 00:00 Investing.com 5710361975540795298.html
Elon Musk gets a $770 million award as Tesla hits goals

29 May 09:49 3 articles

Elon Musk gets a $770 million award as Tesla hits goals

He can't sell the shares yet, though.

29 May 09:49 Mashable 5336625363835630186.html
Tesla CEO Elon Musk gets $700 million in first performance-based payout

Tesla has awarded its CEO, Elon Musk, with the first out of 12 performance-based payouts — and it’s worth over a whopping $700 million.

29 May 07:40 Engadget 96641514478965466.html
Tesla’s Musk earns $770M in stock options, company confirms

Tesla confirmed Thursday that CEO Elon Musk will get the first tranche worth nearly $770 million of a stock-based compensation package

29 May 00:00 Telangana Today 8182025567193251438.html
SA facing ‘hefty’ petrol price increase in June (plus diesel shortages)…

29 May 11:07 3 articles

SA facing ‘hefty’ petrol price increase in June (plus diesel shortages)…

The Automobile Association says South Africa’s fuel prices are set to climb in June in a “dramatic reversal of April's chaotic fuel market”.

29 May 11:07 CARmag 8756669822394456922.html
Expect a big jump in the petrol price next week

In a dramatic reversal of April’s chaotic fuel market, fuel prices are set to climb in June, the Automobile Association (AA) says, citing unaudited month-end fuel price data released by the Central Energy Fund.

29 May 00:00 BusinessTech 2153596440066609853.html
Big petrol price increase coming in June – AA

The AA has predicted that fuel prices will rise substantially in June.

29 May 00:00 MyBroadband 3036103787600640960.html
Dell beats revenue estimates as remote working lifts workstation demand

29 May 05:11 3 articles

Dell beats revenue estimates as remote working lifts workstation demand

Dell Technologies Inc beat analysts' estimates for quarterly revenue on Thursday, boosted by demand for its workstations from companies moving ...

29 May 05:11 CNA 5644198863962848084.html
Dell beats revenue estimates as remote working lifts workstation demand

ROUND ROCK,Texas: Dell Technologies Inc beat analysts' estimates for quarterly revenue on Thursday (May 28), boosted by demand for its ...

29 May 05:11 CNA 5644198863842963405.html
Dell reports steady sales because of work-from-home trend

Dell Technologies Inc. reported quarterly revenue and profit that were better than projected on greater sales of personal computers to businesses with employees working from home, even while server demand waned.

29 May 00:00 MyBroadband 3036103788701183916.html
Argentina knocks back new debt proposal but says talks progressing

29 May 01:13 4 articles

Argentina knocks back new debt proposal but says talks progressing

BUENOS AIRES — Argentina knocked back a new debt restructuring proposal from key creditor groups on Thursday as insufficient, but said the offer showed progress was being made toward striking a deal.

29 May 01:13 Financial Post 2379081492908785316.html
Argentina says new debt revamp proposal in right direction, still falls short

Argentina's economy minister said on Friday that a newly received debt restructuring proposal from two creditor groups was a step in the right ...

29 May 07:55 CNA 5644198863161060139.html
Exclusive: Argentina says new debt revamp proposal in right direction, still falls short

Argentina's economy minister said on Friday that a newly received debt restructuring proposal from two creditor groups was a step in the right ...

29 May 07:55 CNA 5644198862618968035.html
Argentina knocks back new debt proposal but says talks progressing

BUENOS AIRES — Argentina knocked back a new debt restructuring proposal from key creditor groups on Thursday as insufficient, but said the offer showed progress was being made toward striking a deal.

29 May 00:36 Financial Post 2379081491805707373.html
European coffee giant brews a strong IPO

29 May 05:53 3 articles

European coffee giant brews a strong IPO

JDE Peet's shows that coffee is a good mix to have in a virus-struck marketplace

29 May 05:53 Gulf News 2086521544181435112.html
Douwe Egberts' parent valued at €15.6 billion in Amsterdam IPO

Coffee maker JDE Peet's, parent company of Douwe Egberts among others, made its stock debut on Amsterdam's AEX on Friday, one of only a handful of IPOs launched in the coronavirus crisis. Shares

29 May 09:30 NL Times 9001346994252203355.html
Peet’s Coffee IPO Raises $2.5 Billion 

Peet’s Coffee IPO Raises $2.5 Billion 

29 May 00:00 Investing.com 5710361976379843304.html
UK business confidence at its lowest since December 2008

29 May 06:33 3 articles

UK business confidence at its lowest since December 2008

New survey shows their confidence at new depths, while fear of job losses soar

29 May 06:33 Gulf News 2086521543889043406.html
UK business confidence matches 2008 low in May - Lloyds Bank

LONDON — British business confidence fell to its lowest since the 2008 financial crisis in May, according to a survey for Lloyds Bank which contrasts with other surveys which have shown a small improvement since the initial shock of the coronavirus lockdown.

29 May 05:52 Financial Post 2379081491937329709.html
UK business morale deteriorates to 2008 low in May – Lloyds Bank

According to the latest survey conducted for Lloyds Bank, the UK business confidence hit its lowest since the 2008 Global Financial Crisis (GFC) due t

29 May 03:52 FXStreet 4480975639051351453.html
Magic Leap CEO to step down

29 May 11:30 3 articles

Magic Leap CEO to step down

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

29 May 11:30 Mobile World Live 2109488009882265867.html
Magic Leap CEO Rony Abovitz to Step Down After Company Fails to Deliver

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

29 May 04:43 Wccftech 3677959679238202094.html
Rony Abovitz confirms Magic Leap's new funding, will step down as CEO

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

29 May 02:35 Engadget 96641516207419634.html
Canada's economy falls by 8.2% annualized in Q1, better than expected, USD/CAD shakes

29 May 12:31 5 articles

Canada's economy falls by 8.2% annualized in Q1, better than expected, USD/CAD shakes

-- more to come Canada was expected to report an annualized fall of 10% in first-quarter Gross Domestic Product. The nation's provinces entered lockdo

29 May 12:31 FXStreet 4480975639361362074.html
German Retail Sales drop 5.3% MoM in April vs. -12% expected, EUR/USD keeps 1.11

more to come ...

29 May 06:05 FXStreet 4480975639797043188.html
Japan April factory output falls 9.1% month/month - government

TOKYO (Reuters) - Japan's factory output fell 9.1% in April, government data showed on Friday, compared with a median market forecast for a 5.1% drop. Manufacturers surveyed by the Ministry of Economy, Trade and Industry expect output to shrink 4.1% in May and rise 3.9% in June, the data showed.

29 May 01:35 Firstpost 4760741712838724297.html
Last time the Japanese government described industrial production as decreasing rapidly was in November 2008

Following a slew of Japanese data today, a Japnese govt official has stated that the last time the Japanese govt described industrial production as de

29 May 00:41 FXStreet 4480975639184367266.html
Canada GDP in April fell a record 11% as COVID-19 shutters economy

Gross domestic product in March fell by 7.2 percent from February, the most severe month-on-month plunge ever, although the decline was less than the 9 percent predicted by analysts. Statscan said the March and April decreases were likely the largest-ever consecutive monthly declines.

29 May 00:00 Moneycontrol 1603024963977858061.html
Elon Musk earns £625 million payday after Tesla hits targets

29 May 00:57 5 articles

Elon Musk earns £625 million payday after Tesla hits targets

It was not clear if Mr Musk, whose wealth is estimated at 39 billion dollars (£31.7 billion) by Forbes magazine, exercised the options.

29 May 00:57 Express & Star 7324224460049635730.html
Elon Musk earns £625 million payday after Tesla hits targets

It was not clear if Mr Musk, whose wealth is estimated at 39 billion dollars (£31.7 billion) by Forbes magazine, exercised the options.

29 May 00:56 Shropshire Star 3480199992503458194.html
Elon Musk earns £625 million payday after Tesla hits targets

Tesla chief executive Elon Musk has seen his wealth boosted by £625 million after his company hit a number of performance targets.

29 May 00:54 independent 5894610845454184621.html
Elon Musk earns £625 million payday after Tesla hits targets

It was not clear if Mr Musk, whose wealth is estimated at 39 billion dollars (£31.7 billion) by Forbes magazine, exercised the options.

29 May 00:58 Jersey Evening Post 6141642774585039250.html
Elon Musk earns £625 million payday after Tesla hits targets

Tesla chief executive Elon Musk has seen his wealth boosted by £625 million after his company hit a number of performance targets.The electric car maker passed the milestones of a total market value of 100 billion dollars (£81 billion) and making 20 billion (£16 billion) in revenue for four quarters triggering the compensation package.A filing with the US Securities and Exchange Commission said Mr Musk can buy 1.69 million shares of Tesla for 350.02 dollars (£284.03), compared to its most recent closing price of 805.81 dollars (£653.93).It was not clear if Mr Musk, whose wealth is estimated at 39 billion dollars (£31.7 billion) by Forbes magazine, exercised the options.

29 May 00:56 ITV News 2184971256543520551.html
Pandemic hit to Japan's factory, retail sectors deeper than expected; jobless rate up to 2.6%

29 May 07:01 3 articles

Pandemic hit to Japan's factory, retail sectors deeper than expected; jobless rate up to 2.6%

Japan's April factory output fell at a much faster-than-expected pace and retail sales tumbled the most in more than two decades as a coronavirus-triggered state of emergency dealt a heavy blow to the economy. Global activity ground to a halt in April as government-imposed lockdowns due to the pandemic disrupted…

29 May 07:01 Japan Today 8582716285833130696.html
Japan factory output and retail sales slump as pandemic hits autos

Official data Friday showed factory output slipped 9.1 percent in April from the previous month.

29 May 08:26 The Japan Times 6673764366982786695.html
Pandemic's hit to Japan's factory, retail sectors deeper than expected

TOKYO — Japan’s April factory output fell at a much faster-than-expected pace and retail sales tumbled the most in more than two decades as a coronavirus-triggered state of emergency dealt a heavy blow to the economy.

29 May 00:26 Financial Post 2379081492469320513.html
WTI drops 4% and eyes $32 mark amid risk-off, weakening demand

29 May 09:48 7 articles

WTI drops 4% and eyes $32 mark amid risk-off, weakening demand

The selling pressure around WTI (July futures on Nymex) accelerates following the break below the 33 level, as bears now target the 32 support zone he

29 May 09:48 FXStreet 4480975640036687837.html
WTI struggles to cheer USD weakness, drops 1.40% in Asia

WTI seesaws around $33.35/40 during the early Friday’s trading session. The energy benchmark seems to fail in cheering the US dollar weakness amid fea

29 May 06:03 FXStreet 4480975639912635548.html
Bitcoin Sells Off At $9.5K Ahead of Trump’s China Response; What’s Next

Bitcoin traded lower on Friday as traders refrained from taking more significant risks amid escalating geopolitical tensions between the U.S. and China.

29 May 11:00 NewsBTC 7232133510942686038.html
USD/JPY drops to near 2-week lows amid escalating US-China tensions

The USD/JPY pair dived to near two-week lows in the last hour, albeit managed to find some support ahead of the 107.00 round-figure mark. Having repea

29 May 07:11 FXStreet 4480975639496828207.html
USD/JPY Price Analysis: Breaks 12-day-old supportline as risk aversion intensifies

USD/JPY takes the offers around 107.38, down 0.24% on a day, amid the early Friday’s trading. The risk barometer recently broke an upward sloping tren

29 May 03:27 FXStreet 4480975638815311520.html
AUD/USD: Bulls and bears jostle above 0.6600 amid risk-off sentiment

While extending its pullback moves from the intraday low, AUD/USD rises to 0.6638 during Friday’s Asian session. Even so, the Aussie pair manages to f

29 May 02:21 FXStreet 4480975638289456668.html
Ringgit opens higher against US dollar

KUALA LUMPUR, May 29 ― The ringgit strengthened against the US dollar in early session today on an overnight recovery of oil prices but investors are cautious by a possible escalation of the United States (US)-China trade war risk, said an analyst. At 9.08am today, the local note was quoted at...

29 May 01:50 Malaymail 302165935738008770.html
Asia shares fall as U.S.-China tensions douse rally on Wall St

29 May 08:00 3 articles

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

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

29 May 08:00 CTVNews 2422791598692309723.html
World shares fall as Hong Kong, U.S.-China tensions weigh

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

29 May 08:00 CTVNews 2422791597904780792.html
Asia shares fall as US-China tensions douse rally on Wall St

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

29 May 00:00 The Washington Times 8941836442824777022.html
UN chief warns leaders pandemic may cause historic famine

29 May 02:22 5 articles

UN chief warns leaders pandemic may cause historic famine

The U.N. chief on Thursday warned the largest gathering of world leaders since the coronavirus pandemic began that it will cause “unimaginable devastation and suffering around the world,” with historic levels of hunger and famine and up to 1.6 billion people unable to earn a living.

29 May 02:22 Hawaii News Now 8225790205681050964.html
UN chief warns leaders pandemic may cause historic famine

The U.N. chief on Thursday warned the largest gathering of world leaders since the coronavirus pandemic began that it will cause “unimaginable devastation and suffering around the world,” with historic levels of hunger and famine and up to 1.6 billion people unable to earn a living unless action is taken now.

29 May 02:21 WVLT 4089046911177131206.html
UN chief warns leaders pandemic may cause historic famine

The U.N. chief on Thursday warned the largest gathering of world leaders since the coronavirus pandemic began that it will cause “unimaginable devastation and suffering around the world,” with historic levels of hunger and famine and up to 1.6 billion people unable to earn a living.

29 May 02:22 NewsChannel 10 1537185524782048596.html
U.N. chief warns leaders coronavirus pandemic may cause historic famine | Honolulu Star-Advertiser

UNITED NATIONS >> The U.N. chief today warned the largest gathering of world leaders since the coronavirus pandemic began that it will cause “unimaginable devastation and suffering around the world,” with historic levels of hunger and famine and up to 1.6 billion people unable to earn a living unless action is taken now.

29 May 01:10 Star-Advertiser 3439335389280043401.html
UN chief warns leaders pandemic may cause historic famine

Secretary-General Antonio Guterres warns up to 1.6 billion people may be unable to earn a living unless action taken now

29 May 01:03 The Globe and Mail 68426411767805667.html
Coronavirus impact: Output in eight core industries declines 38% in April

29 May 11:54 5 articles

Coronavirus impact: Output in eight core industries declines 38% in April

All eight core sectors reported massive decline in production during April, with coronavirus-mandated lockdowns in place. Cement and steel reported the biggest losses in output at 86 per cent and 83.9 per cent, respectively

29 May 11:54 Business Today 1145527431377329959.html
Lockdown impact: Eight core industries' output contracts by 38.1% in April

Output of eight infrastructure sectors saw 5.2% growth in year-ago period

29 May 11:43 Livemint 6614605817630870063.html
India's eight core infrastructure sectors contract 38.1% in April

Massive contraction recorded amid a nationwide lockdown to contain the spread of coronavirus

29 May 11:50 Business-Standard 1502508926199439752.html
Core sector output contracts 38% in April owing to stalled economic activity

In March, the output of the core sector that includes eight infrastructure sectors — coal, crude oil, natural gas, refinery products, fertiliser, steel, cement, and electricity — had contracted 9%.

29 May 11:36 The Economic Times 7653256038152259740.html
Core sector output contracts by record 38.1 per cent in April

The output of eight core infrastructure industries shrank by a record 38.1 per cent in April due to the coronavirus-induced lockdown, according to the official data.

29 May 00:00 Telangana Today 8182025567251485591.html
Formula 1: Williams considers sale of team as board struggles from £13 million loss in 2019

29 May 11:20 5 articles

Formula 1: Williams considers sale of team as board struggles from £13 million loss in 2019

Williams said on Friday it was considering selling its once-dominant but now struggling Formula One team as part of a strategic review.

29 May 11:20 Firstpost 4760741712059244381.html
Williams set to sell Formula One team

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

29 May 08:58 Brisbane Times 2314609339680021699.html
Williams set to sell Formula One team

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

29 May 08:58 WAtoday 6806590900126211267.html
Want to buy an F1 team? Williams is considering selling

LONDON — Williams said on Friday it was considering selling its once-dominant but now struggling Formula One team as part of a strategic review. Williams G

29 May 10:19 Autoblog 4372976973658437779.html
Williams considers sale of struggling F1 team

Williams is considering a sale of its once-dominant but now struggling Formula One team as part of a new strategic direction, Williams Grand Prix Holdings (WGPH) said on Friday.

29 May 08:35 ESPN 8538773401637619862.html
COVID-19 could cause $8.5 trillion loss in global output, warns UN chief Antonio Guterres

29 May 12:01 9 articles

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

He said the pandemic could usher in a loss of USD 8.5 trillion in global output  the sharpest contraction since the Great Depression of the 1930s.

29 May 12:01 The Financial Express 1288289579525572058.html
Covid-19 may cause hunger, famine, $8.5 trn loss in global output: UN chief

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

29 May 06:48 Business-Standard 1502508925390581788.html
COVID-19 could cause $8.5 trillion loss in global output: UN Sec Gen

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

29 May 06:38 The Economic Times 7653256037716108955.html
Covid-19 could cause USD 8.5 Trillion Loss In Global Output: UN Sec Gen

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

29 May 06:18 Kashmir Observer 1268422870354397434.html
Covid-19 could cause $8.5 trillion loss in global output: UN Secretary General

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

29 May 06:14 The Times of India 6060938663617916326.html
COVID-19 could cause USD 8.5 trillion loss in global output: UN Sec Gen

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

29 May 12:41 Nagaland Page 3615638286309190383.html
UN Secretary General warns of loss of $8.5 trillion in global output due to pandemic

Addressing a virtual press conference along with Prime Minister of Jamaica Andrew Holness and Prime Minister of Canada Justin Trudeau, Antonio Guterres said the world is afflicted by enormous fragilities: weak health systems; runaway climate change; unsustainable levels of inequality.

29 May 10:42 The Statesman 1191309782449779972.html
Coronavirus may lead to $8.5 trillion loss in global output, sharpest since Great Depression: UN

Globally, coronavirus has infected 5,813,997 people and killed 360,397, according to Johns Hopkins University

29 May 07:04 Business Today 1145527432729443039.html
COVID-19 could cause $8.5 trillion loss in global output: UN chief Antonio Guterres

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

29 May 00:00 Moneycontrol 1603024964187612774.html
White House Punts Economic Update in Election Year

29 May 12:28 4 articles

White House Punts Economic Update in Election Year

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

29 May 12:28 Courthouse News Service 1799505148656784276.html
White House punts economic update as US election draws near

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

29 May 10:55 The Financial Express 1288289579829056283.html
White House decides not to release economic update as election draws near | Honolulu Star-Advertiser

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

29 May 00:25 Star-Advertiser 3439335387750957604.html
White House punts economic update as election draws near

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

29 May 00:00 The Washington Times 8941836441819082454.html
US layoffs climb to 41 million, despite business reopenings

29 May 03:00 3 articles

US layoffs climb to 41 million, despite business reopenings

An estimated 2.1 million Americans applied for unemployment benefits last week despite the gradual reopening of businesses around the country

29 May 03:00 Vanguard News 4125100339812248788.html
The daily business briefing: May 29, 2020

Another 2.1 million Americans file unemployment claims, Trump signs an executive order targeting social media, and more

29 May 11:21 The Week 149215355094880128.html
US layoffs climb to 41 million despite businesses reopening

WASHINGTON, DC, United States (AP) — An estimated 2.1 million Americans applied for...

29 May 00:00 Jamaica Observer 5357348614362177381.html
GBP/USD: Above 1.2363 would break the March downtrend to re-expose the April highs at 1.2643/48 – Credit Suisse

29 May 09:17 10 articles

GBP/USD: Above 1.2363 would break the March downtrend to re-expose the April highs at 1.2643/48 – Credit Suisse

GBP/USD is seen at risk of breaking above 1.2363, its downtrend from late March, which would re-expose the April highs at 1.2643/48, economists at Cre

29 May 09:17 FXStreet 4480975640080429102.html
EUR/USD: The trend turns higher with resistance seen at 1.1145/66 and ultimately at 1.1369 – Credit Suisse

EUR/USD has seen a conclusive break above key 200-day average/price resistance at 1.1009/19 to turn the core trend higher, with resistance seen at 1.1

29 May 08:38 FXStreet 4480975638222877146.html
GBP/USD Forecast: "Breakout above $1.2360 Would Open a Test of Resistance at $1.2465"

The GBP/USD exchange rate is quoted at 1.2309 ahead of the weekend, with analyst and technical forecaster Richard Perry of Hantec Markets saying the pair is looking increasingly constructive, even if only because of Dollar weakness

29 May 09:43 The Pound Sterling Live 6614579508430576138.html
EUR/CHF: Base completed with next resistance at 1.0710/17 – Credit Suisse

The EUR/CHF short-term trend has accelerated to the upside, with key resistance seen at 1.0710/17, ahead of 1.0772/88, per Credit Suisse. See: EUR/CHF

29 May 11:23 FXStreet 4480975639322640223.html
Pound Sterling Price News and Forecast: GBP/USD – Falling on Friday? [Video]

The broad dollar weakness is really helping Cable bulls at the moment, so much so that there is a renewed prospect of continued recovery. In the past

29 May 12:45 FXStreet 4480975640105020958.html
GBP/USD: Failing to take over the 1.2360 critical resistance

Friday's four-hour chart is showing the cable's failure to crack critical resistance at 1.2360, Yohay Elam, an analyst at FXStreet, informs. See: GBP/

29 May 09:49 FXStreet 4480975639407066565.html
EUR/USD: Busted through the 200-day ma scope for the 1.1240 December high – Commerzbank

EUR/USD has at long last taken out the 200-day ma and its current May high at 1.1012/19 with gusto, with scope for the 1.1240 December high, Karen Jon

29 May 06:50 FXStreet 4480975639808517679.html
NZD/USD: Resistance at 0.6216/39 ideally contains the fresh move higher – Credit Suisse

NZD/USD stays capped for now by the ‘neckline’ to the 2015/2020 ‘triangle’ at 0.6216 and the 78.6% retracement of the February/March 2020 fall at 0.62

29 May 10:00 FXStreet 4480975638608189118.html
EUR/USD Forecast: Looking for a Fresh Chance to Buy

The EUR/USD exchange rate has finally cleared the 1.10 hurdle and is quoted at 1.1130 ahead of the weekend. Analyst and technical forecaster Richard Perry at Hantec Markets says he looks to now use an unwind within the pair's channel as a chance to buy

29 May 09:43 The Pound Sterling Live 6614579508192404869.html
GBP/USD: Approaching the 1.2335 resistance – Commerzbank

GBP/USD is tightly confined within a converging range (1.2217-1.2335) but is pushing hard into the resistance at 1.2335, currently trading at 1.2330,

29 May 07:27 FXStreet 4480975639500789890.html
Give us too the benefit of credit guarantee scheme: urban co-op banks to FM

29 May 09:05 3 articles

Give us too the benefit of credit guarantee scheme: urban co-op banks to FM

UCBs are financially sound and are a key funding source for MSMEs, says petition

29 May 09:05 BusinessLine 5283601327982934.html
Urban co-operative banks seek guarantee cover for their MSME borrowers

UCBs' outstanding loans to MSMEs amount to Rs 82,000 crore

29 May 12:11 Business-Standard 1502508925163153227.html
Banks free to do due diligence on guaranteed MSME loans

Banks and shadow lenders have been given the flexibility to do their own due diligence and restrict advances below the stipulated limit on sound business principles.

29 May 01:23 The Financial Express 1288289579609920758.html
Madras high court issues notices to Franklin Templeton MF, Sebi: Investors Group

29 May 10:33 5 articles

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

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

29 May 10:33 The Times of India 6060938664018412824.html
Madras High Court issues notices to Franklin Templeton Mutual Fund, SEBI: Investors group

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

29 May 08:15 Firstpost 4760741712337206522.html
Madras High Court slaps notices to Franklin Templeton MF, Sebi, says Investors Group

29 May 11:02 Free Press Journal 9080771786911147082.html
Sebi seeks time to file counter in High Court on PIL against Franklin MF

The PIL had been filed by an investor protection society in response to the abrupt winding up six debt schemes worth Rs 28,000 crore of assets under management by the fund house

29 May 12:23 Business-Standard 1502508924569181185.html
Franklin Templeton’s legal troubles rise as Madras HC issues notice

The court sought a status report from Sebi on the refund process.The matter would be next heard on 26 June

29 May 11:20 Livemint 6614605818260377020.html
Lupin Q4 results: Consolidated net profit rises 35% to Rs 390 cr; income from operations marginally down

29 May 07:08 23 articles

Lupin Q4 results: Consolidated net profit rises 35% to Rs 390 cr; income from operations marginally down

Drug firm Lupin has reported a 34.55 percent rise in its consolidated net profit to Rs 389.63 crore for the quarter ended March 2020 mainly on account of robust sales in the domestic market and lower tax expenses

29 May 07:08 Firstpost 4760741711811583381.html
Lupin Q4 net profit up 35% to Rs 390 cr on robust sales, lower tax expenses

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

29 May 08:54 Business-Standard 1502508925692180102.html
Lupin Q4 results: Net profit rises 35% to Rs 390 crore

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

29 May 05:57 The Economic Times 7653256036844409520.html
Rain Industries surges 17% on healthy operational performance in March qtr

The company's Ebitda margin expanded 780 basis points to 19.3 per cent from 11.5 per cent in the year-ago quarter.

29 May 05:07 Business-Standard 1502508926153292900.html
TVS Motor shares dip over 3% as March quarter profit plunges 43%

The company said it had successfully transitioned to BS-VI

29 May 04:34 Business-Standard 1502508926577703822.html
Hold Dabur India; target of Rs 492: Arihant Capital

Arihant Capital recommended hold rating on Bajaj Auto with a target price of Rs 492 in its research report dated May 29, 2020.

29 May 00:00 Moneycontrol 1603024965081159988.html
Lupin’s Q4 net profit rises 35 per cent 

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

29 May 00:00 Telangana Today 8182025566700645226.html
CEAT up 6% on 14% YoY growth in Q4 EBITDA, partial resumption of operations

The company has resumed operations at most of its factories with easing in lockdown restrictions, and is gradually witnessing pick up in demand as well, Kumar Subbiah, CFO of CEAT said

29 May 05:40 Business-Standard 1502508925917008756.html
KEC International Q4 profit down 3% to Rs 193 crore

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

29 May 00:00 Moneycontrol 1603024964106778873.html
Metropolis Healthcare Q4 net profit declines 56% to Rs 15.49 crore

The company had posted a net profit of Rs 34.84 crore for the corresponding period of the previous fiscal, Metropolis Healthcare said in a BSE filing.

29 May 00:00 Moneycontrol 1603024964687918827.html
Sundaram-Clayton Ltd posts 23.43% rise in Q4 standalone net

The city-based TVS Group company had registered net profits at Rs 50.27 crore during corresponding quarter previous year.

29 May 00:00 Moneycontrol 1603024964961323669.html
Buy Sun Pharmaceutical Industries; target of Rs 540: ICICI Direct

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

29 May 00:00 Moneycontrol 1603024963736657862.html
Sundaram Finance posts Rs 131 crore net profit for March quarter

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

29 May 00:00 Moneycontrol 1603024964076490790.html
Dilip Buildcon consolidated Q4 profit more than doubles to Rs 191 crore

The company had clocked a profit of Rs 84.09 crore during the corresponding period of 2018-19, it said in a BSE filing.

29 May 00:00 Moneycontrol 1603024965223211260.html
IIFL Finance March Quarter profit plunges 81% to Rs 59 crore

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

29 May 00:00 Moneycontrol 1603024964641468384.html
Buy Radico Khaitan; target of Rs 400: ICICI Direct

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

29 May 00:00 Moneycontrol 1603024964558965213.html
RCF Q4 profit jumps nearly 3-fold at Rs 142 crore

Total income rose to Rs 2661.91 crore in the fourth quarter of the last fiscal from Rs 2297.94 crore in the corresponding period of the previous year.

29 May 00:00 Moneycontrol 1603024965394021351.html
Sagar Cements Q4 profit down 94% to Rs 1.18 crore

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

29 May 00:00 Moneycontrol 1603024964583721169.html
V-Mart Retail Q4 net loss at Rs 8.43 crore, net sales at Rs 332.66 crore

The company had posted a net loss of Rs 90.42 crore in the January-March quarter of last fiscal, V-Mart said in a regulatory filing.

29 May 00:00 Moneycontrol 1603024965431218572.html
Muthoot Capital Q4 profit falls 40% to Rs 14 crore on auto sector woes

The company attributed the poor set of numbers primarily to the troubles in the auto industry arising from the switchover to BS-VI emission norms and also the disruptions caused by the COVID-19 pandemic in the last 15 days of the quarter.

29 May 00:00 Moneycontrol 1603024964194991243.html
Hold Aarti Industries; target of Rs 1002: East India Securities

East India Securities recommended hold rating on Aarti Industries with a target price of Rs 1002 in its research report dated May 29, 2020.

29 May 00:00 Moneycontrol 1603024964005671915.html
Buy Kewal Kiran Clothing; target of Rs 820: ICICI Direct

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

29 May 00:00 Moneycontrol 1603024963788054212.html
Jubilant Life Sciences posts Rs 260.49 crore profit for March quarter

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

29 May 00:00 Moneycontrol 1603024964746015071.html
India, US could strike a 'smaller' trade deal in the coming weeks: Indian envoy

29 May 12:48 5 articles

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

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

29 May 12:48 Deccan Herald 2027555796568003260.html
India, US could strike a ‘smaller’ trade deal in the coming weeks: Indian envoy

According to India's ambassador Taranjit Singh Sandhu, India and the US could strike a smaller trade deal in the coming weeks

29 May 07:10 TechGenyz 5378425016004523179.html
India, US could strike a 'smaller' trade deal in coming weeks: Indian envoy

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

29 May 09:54 Business-Standard 1502508925035428504.html
India, US could strike a 'smaller' trade deal in the coming weeks: Indian envoy

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

29 May 07:06 The Economic Times 7653256037824296285.html
India, US could strike a 'smaller' trade deal in the coming weeks: Indian envoy

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

29 May 00:00 Moneycontrol 1603024964460067268.html
Stocks slip as markets await Trump’s HK response

29 May 05:20 9 articles

Stocks slip as markets await Trump’s HK response

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

29 May 05:20 The Indian Express 2885715104038190428.html
Stocks slip as markets await Trump’s Hong Kong response

Sino-US tensions outweigh optimism over re-opening.

29 May 04:43 Moneyweb 1092550948003994197.html
Global stocks slip as markets await Trump's HK response

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

29 May 02:51 Malaymail 302165936440667508.html
Stocks slip as investors await Trump's Hong Kong response

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

29 May 08:13 Financial Post 2379081493464431795.html
Yen perks up, dollar sags as markets jittery before Trump speaks on China

TOKYO, May 29 ― The yen rose against major currencies today as caution ahead of US President Donald Trump's press conference on China's treatment of Hong Kong triggered safe-haven inflows. The dollar drifted lower against the euro and the British pound but could quickly reverse course amid...

29 May 07:27 Malaymail 302165935835125497.html
Stocks - Europe Lower Amid Nervousness Ahead of Trump Statement

Stocks - Europe Lower Amid Nervousness Ahead of Trump Statement

29 May 00:00 Investing.com 5710361974880076442.html
Dollar in narrow range as focus shifts to Trump's China response

Dollar in narrow range as focus shifts to Trump's China response

29 May 00:00 Investing.com 5710361975317410912.html
Dollar bides time, yuan falls before Trump takes stage on China

TOKYO — The dollar was hemmed into a narrow trading range on Friday as traders’ focus shifted to U.

29 May 02:08 Financial Post 2379081492604326757.html
Stocks - Europe Lower; Caution Reigns Over Hong Kong

Stocks - Europe Lower; Caution Reigns Over Hong Kong

29 May 00:00 Investing.com 5710361974610176354.html
Renault to cut 15,000 jobs in 'vital' cost-cutting plan

29 May 08:04 3 articles

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

Carmaker Renault said Friday that it would cut nearly 15,000 jobs, including 4,600 at its core French operations, as it seeks to steer out of a cash crunch exacerbated by the coronavirus crisis.

29 May 08:04 Tech Xplore 4945708898730161403.html
Renault to cut 15,000 jobs in 'vital' cost-cutting plan

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

29 May 12:30 Rappler 1882105643772097192.html
Renault to cut 15,000 jobs

Carmaker Renault said on Friday that it would cut nearly 15,000 jobs, including 4,600 at its core French operations, as it seeks to steer out of a cash crunch exacerbated by the coronavirus crisis.

29 May 00:00 Telangana Today 8182025568155724037.html
Covid-19 crisis to trigger 20% fall in FDI

29 May 04:32 3 articles

Covid-19 crisis to trigger 20% fall in FDI

The State is now in eighth spot in a ranking of most attractive European locations for FDI

29 May 04:32 The Irish Times 8204772967858010592.html
Covid-19 crisis to cause FDI investment to the Republic to fall by 20% this year

The State is now in eighth spot in a ranking of most attractive European locations for FDI

29 May 04:32 The Irish Times 8204772968989439190.html
Number of FDI projects in Northern Ireland fell last year, but report finds US investors largely unfazed by Brexit

THE number of foreign direct projects in Northern Ireland fell by 15 per cent last year, but a new survey from EY suggests overseas investment should remain relatively resilient despite the impact from coronavirus.

29 May 01:00 The Irish News 993066134803055.html
Gold prices up as markets cautiously await Trump's response on HK

29 May 10:25 5 articles

Gold prices up as markets cautiously await Trump's response on HK

US gold futures rose 0.7 per cent to $1,739.60.

29 May 10:25 The Economic Times 7653256037856039089.html
Asian stock markets: Mildly offered, ASX 200 drops 0.75% ahead of China news

With the escalating tensions between the global champions, the US and China, Asian shares remain pressured while heading into the European session on

29 May 05:13 FXStreet 4480975639133739045.html
Gold price flat ahead of Trump’s Hong Kong response

Spot gold was unchanged at $1,718.60 per ounce by 0616 GMT. US gold futures rose 0.2% to $1,716.50.

29 May 09:50 The Indian Express 2885715105093834215.html
Gold Up on Back of Mounting U.S.-China Tension

Gold Up on Back of Mounting U.S.-China Tension

29 May 00:00 Investing.com 5710361974622386990.html
'Global growth worries, US-China tensions likely to keep crude prices choppy'

We may see choppy trade however general bias may be on the downside on global growth worries and US-China tensions.

29 May 00:00 Moneycontrol 1603024964931425372.html
NZD/USD faces a tough barrier around 0.6230 – UOB

29 May 05:33 5 articles

NZD/USD faces a tough barrier around 0.6230 – UOB

NZD/USD should clear the 0.6230 region to allow for the continuation of the uptrend, suggested FX Strategists at UOB Group. Key Quotes 24-hour view: “

29 May 05:33 FXStreet 4480975639809958108.html
USD/CNH: Extra gains need to clear 7.2000 – UOB

According to FX Strategists at UOB Group, USD/CNH’s outlook remains positive and is expected to climb further on a breakout of the 7.20 level. Key Quo

29 May 07:39 FXStreet 4480975639883070391.html
GBP/USD still faces further consolidation – UOB

Cable is still seen navigating within the 1.2150/1.2350 range, noted FX Strategists at UOB Group. Key Quotes 24-hour view: “We highlighted yesterday t

29 May 05:05 FXStreet 4480975640057226893.html
USD/JPY: Extra consolidation remains the name of the game – UOB

In opinion of FX Strategists at UOB Group, USD/JPY is still seen navigating within the current consolidative theme in the next weeks. Key Quotes 24-ho

29 May 05:54 FXStreet 4480975639068827505.html
EUR/GBP Price Analysis: Jumps to fresh 2-month tops, further beyond 0.90 mark

The EUR/GBP cross gained some positive traction for the third consecutive session on Friday and broke out of the previous day's trading range. The mom

29 May 08:46 FXStreet 4480975639368972156.html
EUR/USD Price Analysis: Rising odds for a test of 1.1150 and above

29 May 12:29 3 articles

EUR/USD Price Analysis: Rising odds for a test of 1.1150 and above

EUR/USD has quickly left behind the key 200-day SMA and is now trading at shouting distance from the key barrier in the 1.1150 region. If the upside m

29 May 12:29 FXStreet 4480975639821582935.html
EUR/JPY Price Analysis: Scope for a test of 121.00

The march north in EUR/JPY remains unabated and it has already left behind the 119.00 yardstick. The cross is now flirting with the key 4-month resist

29 May 11:36 FXStreet 4480975638185449385.html
US Dollar Index Price Analysis: Interim support emerges at 97.87

DXY came under further pressure and is now navigating t he area of multi-week lows in the 98.00 neighbourhood. Sellers now look to have regained the u

29 May 12:14 FXStreet 4480975639202910801.html
Nissan will focus on Japan, China and North America, to discontinue production in Indonesia and Spain

29 May 08:09 3 articles

Nissan will focus on Japan, China and North America, to discontinue production in Indonesia and Spain

Datsun brand will be withdrawing its operations from Russia

29 May 08:09 OVERDRIVE 7781473803694672399.html
Nissan unveils four-year transformation plan – to cut production by 20%, reduce model range, focus on EVs

Nissan, which yesterday announced a net loss of 671 billion yen (RM27.1 billion) for the year that ended in March, has revealed a four-year restructuring

29 May 11:06 Paul Tan's Automotive News 7862472106292843121.html
Nissan tight-lipped about strategy for Africa as it ‘transforms’

After announcing R3bn investment in its Rosslyn plant for the new Navara pickup last year.

29 May 09:30 Moneyweb 1092550947548436632.html
Record-breaking spring sunshine boosts British strawberry crop

29 May 09:54 3 articles

Record-breaking spring sunshine boosts British strawberry crop

Tesco berry buyer Laura Mitchell said the good weather has resulted in ‘exceptionally good quality and sweet strawberries’.

29 May 09:54 Express & Star 7324224460346783054.html
Record-breaking spring sunshine boosts British strawberry crop

Tesco berry buyer Laura Mitchell said the good weather has resulted in ‘exceptionally good quality and sweet strawberries’.

29 May 09:54 Shropshire Star 3480199992800605518.html
Record-breaking spring sunshine boosts British strawberry crop

Tesco berry buyer Laura Mitchell said the good weather has resulted in ‘exceptionally good quality and sweet strawberries’.

29 May 09:55 Jersey Evening Post 6141642774882186574.html
Young’s says it expects ‘lower sales’ when customers return to pubs

29 May 09:23 3 articles

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

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

29 May 09:23 Express & Star 7324224460547260438.html
Young’s says it expects ‘lower sales’ when customers return to pubs

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

29 May 09:25 Jersey Evening Post 6141642775082663958.html
Young’s says it expects ‘lower sales’ when customers return to pubs

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

29 May 09:23 Shropshire Star 3480199993001082902.html
Belfast International Airport announces voluntary redundancy programme

29 May 11:50 3 articles

Belfast International Airport announces voluntary redundancy programme

It is estimated to lose 45 employees out of a total workforce of 195 due to ‘devastating’ impact of the pandemic on air travel.

29 May 11:50 Express & Star 7324224459374447961.html
Belfast International Airport announces voluntary redundancy programme

It is estimated to lose 45 employees out of a total workforce of 195 due to ‘devastating’ impact of the pandemic on air travel.

29 May 11:50 Shropshire Star 3480199991828270425.html
Belfast International Airport announces voluntary redundancy programme

It is estimated to lose 45 employees out of a total workforce of 195 due to ‘devastating’ impact of the pandemic on air travel.

29 May 11:52 Jersey Evening Post 6141642773909851481.html
EasyJet and Carnival poised to exit FTSE 100 as virus hammers travel firms

29 May 11:40 3 articles

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

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

29 May 11:40 Express & Star 7324224459913360059.html
EasyJet and Carnival poised to exit FTSE 100 as virus hammers travel firms

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

29 May 11:43 Jersey Evening Post 6141642774448763579.html
EasyJet and Carnival poised to exit FTSE 100 as virus hammers travel firms

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

29 May 11:40 Shropshire Star 3480199992367182523.html
GST Council to meet next month; FinMin not for raising rates on non-essential items

29 May 12:15 4 articles

GST Council to meet next month; FinMin not for raising rates on non-essential items

Post the lockdown, the demand has to be induced and economic activity has to improve on all fronts, not just on essential items side, they said. However, the decision will be taken by the GST Council headed by the finance minister, according to sources.

29 May 12:15 Oneindia 2023829371544585918.html
Govt unlikely to press for hike in GST rates for non-essentials next month

However it will have to find ways in which essential and non-essential items can be segregated

29 May 12:08 Business-Standard 1502508926526211004.html
Finance ministry not in favour of raising GST rates on non-essential items

Although government has eased restrictions in the ongoing lockdown and allowed businesses to restart operations, India’s more than two-month-long lockdown and flight of migrant workers from urban and industrial centres have crippled economic activity.

29 May 09:08 Livemint 6614605818833713016.html
GST Council to meet next month; FinMin not for raising rates on non-essential items

The nationwide lockdown was announced by Prime Minister Narendra Modi on March 24 for 21 days in the first leg in a bid to contain the spread of novel coronavirus.

29 May 00:00 Moneycontrol 1603024963493737910.html
SA policeman puts jackboot on Hong Kong

29 May 06:03 4 articles

SA policeman puts jackboot on Hong Kong

Via the ABC:

29 May 06:03 MacroBusiness 6890797930328363755.html
Keen versus Gurner to distract Switzer investors

Bloody Switzer won’t leave poor Steven Keen alone:

29 May 04:30 MacroBusiness 6890797930048019088.html
Bannon: World must stop China in Hong Kong

Via The Wire comes Steve Bannon:

29 May 06:00 MacroBusiness 6890797929231264924.html
Aussie credit growth screams deleveraging

Via the excellent Damien Boey at Credit Suisse:

29 May 05:55 MacroBusiness 6890797930357934457.html
Learning From The Ups And Downs Of The Stock Market

29 May 11:34 3 articles

Learning From The Ups And Downs Of The Stock Market

Thus far in 2020, the stock market has experienced daily moves of 1.5% or more (up or down) 43% of the time. Of the 100 trading days thus far in 2020, 53 have b

29 May 11:34 Seeking Alpha 5725634557338999415.html
U.S. Stock Market Regains Lead As Top Global Performer For 2020

The leadership switch knocked China's equity market to second place at the close of trading in the U.S. on Wednesday, May 27. After leading SPY on a year-to-dat

29 May 05:54 Seeking Alpha 5725634557734956879.html
US Declaration Of (Cold) War

Stocks Analysis by Ed Yardeni covering: S&P 500, Dow Jones Industrial Average, ZTE Corp-H, S&P 500 Financials. Read Ed Yardeni's latest article on Investing.com

29 May 00:00 Investing.com 5710361976424023521.html
Muthoot Cap Standalone March 2020 Net Sales at Rs 146.90 crore, up 7.67% Y-o-Y

29 May 00:00 13 articles

Muthoot Cap Standalone March 2020 Net Sales at Rs 146.90 crore, up 7.67% Y-o-Y

29 May 00:00 Moneycontrol 1603024963974676003.html
Lupin Standalone March 2020 Net Sales at Rs 2,483.88 crore, down 16.42% Y-o-Y

29 May 00:00 Moneycontrol 1603024963366539461.html
Ceat Consolidated March 2020 Net Sales at Rs 1,573.41 crore, down 10.63% Y-o-Y

29 May 00:00 Moneycontrol 1603024963490953671.html
IIFL Finance Standalone March 2020 Net Sales at Rs 774.65 crore, down 8.34% Y-o-Y

29 May 00:00 Moneycontrol 1603024964356307788.html
Wendt Consolidated March 2020 Net Sales at Rs 26.29 crore, down 28.87% Y-o-Y

29 May 00:00 Moneycontrol 1603024964933849820.html
LT Foods Consolidated March 2020 Net Sales at Rs 1,197.95 crore, up 18.76% Y-o-Y

29 May 00:00 Moneycontrol 1603024963793612082.html
Hind Nat Glass Standalone March 2020 Net Sales at Rs 537.00 crore, down 15.34% Y-o-Y

29 May 00:00 Moneycontrol 1603024963852687996.html
IIFL Finance Consolidated March 2020 Net Sales at Rs 1,286.70 crore, down 7.93% Y-o-Y

29 May 00:00 Moneycontrol 1603024965279926386.html
Wendt Standalone March 2020 Net Sales at Rs 22.79 crore, down 29.9% Y-o-Y

29 May 00:00 Moneycontrol 1603024964727077381.html
Rain Industries Consolidated March 2020 Net Sales at Rs 2,897.65 crore, down 9.35% Y-o-Y

29 May 00:00 Moneycontrol 1603024964861670802.html
Auto Corp Goa Standalone March 2020 Net Sales at Rs 75.40 crore, down 29.79% Y-o-Y

29 May 00:00 Moneycontrol 1603024964655204651.html
Agro Tech Foods Standalone March 2020 Net Sales at Rs 204.67 crore, up 2.24% Y-o-Y

29 May 00:00 Moneycontrol 1603024963985296564.html
Andhra Paper Q4 net profit up 55% to Rs 93 crore

Andhra Paper's total expenses stood at Rs 234.42 crore as against Rs 285.45 crore, down 17.87 per cent.

29 May 00:00 Moneycontrol 1603024965354415120.html
Nickel futures slide on tepid demand

29 May 00:00 3 articles

Nickel futures slide on tepid demand

On the Multi Commodity Exchange, nickel contracts for June delivery traded down by Rs 5.60, or 0.6 percent, to Rs 924.70 per kg with a business turnover of 1,434 lots.

29 May 00:00 Moneycontrol 1603024964477642756.html
Copper futures slide on weak demand

On Multi Commodity Exchange, copper for delivery in June eased by Rs 2.75, or 0.66 percent, to Rs 413 per kg in a business turnover of 3,029 lots.

29 May 00:00 Moneycontrol 1603024965103970512.html
Zinc futures down on muted demand

On the Multi Commodity Exchange, zinc for delivery in June was trading lower by Rs 50 paise, or 0.32 percent, at Rs 157.45 per kg in 2,079 lots.

29 May 00:00 Moneycontrol 1603024965018701632.html
Hold TVS Motors; target of Rs 318: Prabhudas Lilladher

29 May 00:00 4 articles

Hold TVS Motors; target of Rs 318: Prabhudas Lilladher

Prabhudas Lilladher recommended Hold rating on TVS Motors with a target price of Rs 318 in its research report dated May 28, 2020.

29 May 00:00 Moneycontrol 1603024964302161104.html
Buy Visaka Industries; target of Rs 250: ICICI Securities

ICICI Securities is bullish on Visaka Industries has recommended buy rating on the stock with a target price of Rs 250 in its research report dated May 29, 2020.

29 May 00:00 Moneycontrol 1603024964509805872.html
Buy Aditya Birla Fashion and Retail target of Rs 137: Anand Rathi

Anand Rathi is bullish on Aditya Birla Fashion and Retail has recommended buy rating on the stock with a target price of Rs 137 in its research report dated May 28, 2020.

29 May 00:00 Moneycontrol 1603024963939584017.html
Buy TVS Motor Company; target of Rs 422: ICICI Securities

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

29 May 00:00 Moneycontrol 1603024964507081451.html
Okta, Inc. (OKTA) CEO Todd McKinnon on Q1 2021 Results - Earnings Call Transcript

29 May 04:02 18 articles

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

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

29 May 04:02 Seeking Alpha 5725634556401971544.html
Costco Wholesale Corporation (COST) Management on Q3 2020 Results - Earnings Call Transcript

Costco Wholesale Corporation (NASDAQ:COST) Q3 2020 Results Earnings Conference Call May 28, 2020, 5:00 pm ET Company Participants Richard Galanti - Executive Vi

29 May 06:12 Seeking Alpha 5725634556222745912.html
Zscaler, Inc. (ZS) CEO Jay Chaudhry on Q3 2020 Results - Earnings Call Transcript

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

29 May 03:24 Seeking Alpha 5725634556299044032.html
Marvell Technology Group Ltd. (MRVL) CEO Matthew Murphy on Q1 2021 Results - Earnings Call Transcript

Marvell Technology Group Ltd. (NASDAQ:MRVL) Q1 2021 Earnings Conference Call May 28, 2020 16:45 ET Company Participants Ashish Saran - Vice President, Investor

29 May 04:30 Seeking Alpha 5725634556126382111.html
Remark Holdings, Inc. (MARK) CEO Kai-Shing Tao on Q4 2019 Results - Earnings Call Transcript

Remark Holdings, Inc. (NASDAQ:MARK) Q4 2019 Earnings Conference Call May 28, 2020, 04:30 PM ET Company Participants Brian Harvey - Director of IR and Capital Ma

29 May 04:05 Seeking Alpha 5725634557082532266.html
Williams-Sonoma, Inc. (WSM) CEO Laura Alber on Q1 2020 Results - Earnings Call Transcript

Williams-Sonoma, Inc. (NYSE:WSM) Q1 2020 Earnings Conference Call May 28, 2020 05:00 PM ET Company Participants Elise Wang - VP, IR Laura Alber - President and

29 May 02:14 Seeking Alpha 5725634556685762859.html
Pure Storage, Inc. (PSTG) CEO Charlie Giancarlo on Q1 2021 Results - Earnings Call Transcript

Pure Storage, Inc. (NYSE:PSTG) Q1 2021 Earnings Conference Call May 28, 2020 17:00 ET Corporate Participants Charlie Giancarlo - Chief Executive Officer Kevan K

29 May 03:44 Seeking Alpha 5725634556755217609.html
Cresco Labs Inc. (CRLBF) CEO Charlie Bachtell on Q1 2020 Results - Earnings Call Transcript

Cresco Labs Inc. (OTCQX:CRLBF) Q1 2020 Results Conference Call May 28, 2020 5:00 PM ET Company Participants Aaron Miles - Vice President, Investor Relations Cha

29 May 03:19 Seeking Alpha 5725634557724742072.html
Geron Corp (GERN) CEO John Scarlett on Q1 2020 Results - Earnings Call Transcript

Geron Corp (NASDAQ:GERN) Q1 2020 Earnings Conference Call May 28, 2020, 16:30 ET Company Participants Suzanne Messere - Head, IR & Corporate Communications

29 May 01:49 Seeking Alpha 5725634558102190421.html
Nordstrom, Inc. (JWN) CEO Erik Nordstrom on Q1 2020 Results - Earnings Call Transcript

Nordstrom, Inc. (NYSE:JWN) Q1 2020 Earnings Conference Call May 28, 2020 4:45 P.M. ET Company Participants Trina Schurman - Director, Investor Relations Erik No

29 May 01:15 Seeking Alpha 5725634557728492195.html
Ollie's Bargain Outlet Holdings, Inc. (OLLI) CEO John Swygert on Q1 2020 Results - Earnings Call Transcript

Ollie's Bargain Outlet Holdings, Inc. (NASDAQ:OLLI) Q1 2020 Earnings Conference Call May 28, 2020, 04:30 PM ET Company Participants Jean Fontana - ICR John Swyg

29 May 00:51 Seeking Alpha 5725634556492574437.html
Golar LNG Partners LP (GMLP) CEO Karl Staubo on Q1 2020 Results - Earnings Call Transcript

Golar LNG Partners LP (NASDAQ:GMLP) Q4 2020 Earnings Conference Call May 28, 2020 11:30 AM ET Corporate Participants Tor Troim - Chairman Karl Staubo - CEO Bria

29 May 02:05 Seeking Alpha 5725634557105655195.html
Veeva Systems Inc. (VEEV) CEO Peter Gassner on Q1 2021 Results - Earnings Call Transcript

Veeva Systems Inc. (NYSE:VEEV) Q1 2021 Earnings Conference Call May 28, 2020, 04:30 PM ET Company Participants Rick Lund - Head of IR Peter Gassner - CEO Tim Ca

29 May 01:43 Seeking Alpha 5725634557300814343.html
Dell Technologies' (DELL) CEO Management on Q1 2021 Results - Earnings Call Transcript

Dell Technologies Inc. (NYSE:DELL) Q1 2021 Earnings Conference Call May 28, 2020 5:30 PM ET Company Participants Rob Williams – Head-Investor Relations Jeff Cla

29 May 03:50 Seeking Alpha 5725634557290932687.html
DXC Technology Company (DXC) CEO Mike Salvino on Q4 2020 Results - Earnings Call Transcript

DXC Technology Company (NYSE:DXC) Q4 2020 Results Conference Call May 28, 2020 04:45 PM ET Company Participants Shailesh Murali - Investor Relations Mike Salvin

29 May 02:38 Seeking Alpha 5725634556401398511.html
VMware's (VMW) CEO Pat Gelsinger on Q1 2021 Results - Earnings Call Transcript

VMware, Inc. (NYSE:VMW) Q1 2021 Earnings Conference Call May 28, 2020 4:30 PM ET Company Participants Paul Ziots – Vice President-Investor Relations Pat Gelsing

29 May 03:24 Seeking Alpha 5725634556853870886.html
Adverum Biotechnologies, Inc. (ADVM) CEO Leone Patterson on Q1 2020 Results - Earnings Call Transcript

Adverum Biotechnologies, Inc. (NASDAQ:ADVM) Q1 2020 Earnings Conference Call May 28, 2020 04:30 PM ET Company Participants Myesha Lacy - Vice President of Inves

29 May 00:07 Seeking Alpha 5725634556901376670.html
Aritzia Inc's (ATZAF) CEO Brian Hill on Q4 2020 Results - Earnings Call Transcript

Aritzia Inc. (OTC:ATZAF) Q4 2020 Earnings Conference Call May 28, 2020 04:30 pm ET Company Participants Helen Kelly - Vice President, Investor Relations Brian H

29 May 05:21 Seeking Alpha 5725634556512461595.html
Olympus Corporation 2020 Q4 - Results - Earnings Call Presentation

29 May 11:43 6 articles

Olympus Corporation 2020 Q4 - Results - Earnings Call Presentation

The following slide deck was published by Olympus Corporation in conjunction with their 2020 Q4 earnings call.

29 May 11:43 Seeking Alpha 5725634557596730019.html
ReneSola Ltd 2020 Q1 - Results - Earnings Call Presentation

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

29 May 11:45 Seeking Alpha 5725634558007163140.html
AutoZone, Inc. 2020 Q3 - Results - Earnings Call Presentation

The following slide deck was published by AutoZone, Inc. in conjunction with their 2020 Q3 earnings call.

29 May 11:52 Seeking Alpha 5725634558094765039.html
Pure Storage, Inc. 2021 Q1 - Results - Earnings Call Presentation

The following slide deck was published by Pure Storage, Inc. in conjunction with their 2021 Q1 earnings call.

29 May 03:50 Seeking Alpha 5725634556251177188.html
Aritzia Inc. 2020 Q4 - Results - Earnings Call Presentation

The following slide deck was published by Aritzia Inc. in conjunction with their 2020 Q4 earnings call.

29 May 03:14 Seeking Alpha 5725634556454028287.html
Booz Allen Hamilton Holding Corporation 2020 Q4 - Results - Earnings Call Presentation

The following slide deck was published by Booz Allen Hamilton Holding Corporation in conjunction with their 2020 Q4 earnings call.

29 May 11:54 Seeking Alpha 5725634556524283000.html
SoftBank Leads $500 Million Funding for Didi Autonomous Unit

29 May 08:07 2 articles

SoftBank Leads $500 Million Funding for Didi Autonomous Unit

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

29 May 08:07 Bloomberg.com 4032480121128539441.html
SoftBank leads $500 million fundraising for Didi's self-driving unit

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

29 May 09:27 Reuters 8334514181194183925.html
British Airways may outsource work of 450 redundant employees

29 May 09:27 2 articles

British Airways may outsource work of 450 redundant employees

Exclusive: airline’s proposals also include closing operation at Heathrow Terminal 3

29 May 09:27 the Guardian 1491978795586729929.html
Fears for Belfast airport jobs as easyJet confirms major cull of staff

DOZENS of airline staff could be axed at Belfast International Airport as part of a cull by easyJet as it struggles with a collapse in air travel caused by the virus pandemic.

29 May 01:00 The Irish News 993066861816884.html
Cognac bottle, labelled one of world's oldest, sells for £118,000

29 May 03:42 2 articles

Cognac bottle, labelled one of world's oldest, sells for £118,000

The 258-year-old spirit is one of only three such bottles in existence today, an auction house says.

29 May 03:42 BBC News 3883826128538848478.html
One of the world's oldest bottle of Cognac sells for over €130,000

The bottle, known as "Grand Frere", was produced in 1762 by Maison Gautier in France.

29 May 11:33 euronews 7318238122235258894.html
Two million jobs could be lost by changes to the furlough scheme, experts warn

29 May 09:05 2 articles

Two million jobs could be lost by changes to the furlough scheme, experts warn

BRITAIN will be hit by as many as two million job cuts if the chancellor makes cuts to the furlough scheme, experts have warned. Rishi Sunak is this afternoon expected to announce employers will ne…

29 May 09:05 The Sun 7379604593167286406.html
Firms must pay 20 per cent of wages for furloughed staff from August, Rishi Sunak will say today as he starts to wind down massive bailout despite fears of a wave of redundancies

Chancellor Rishi Sunak will declare that businesses should start taking some of the burden despite fears of a wave of redundancies.

29 May 06:50 Mail Online 124328110550893646.html
Magic Leap CEO Rony Abovitz to step down

29 May 00:37 2 articles

Magic Leap CEO Rony Abovitz to step down

Magic Leap is not yet naming a replacement.

29 May 00:37 The Verge 1337119304655269320.html
Magic Leap CEO Rony Abovitz is stepping down

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

29 May 00:13 VentureBeat 6273363635766121234.html
Some sectors of Australian economy will need additional support - PM Morrison

29 May 05:02 2 articles

Some sectors of Australian economy will need additional support - PM Morrison

SYDNEY (Reuters) - Some sectors of Australia’s economy will require additional stimulus, Prime Minister Scott Morrison said on Friday.

29 May 05:02 Reuters 8334514181610855950.html
Some sectors of Australian economy will need additional support - PM Morrison

Some sectors of Australian economy will need additional support - PM Morrison

29 May 00:00 Investing.com 5710361974786331343.html
With 'Main Street' in view, Fed weighs risks of job, productivity shocks

29 May 05:06 2 articles

With 'Main Street' in view, Fed weighs risks of job, productivity shocks

WASHINGTON (Reuters) - U.S. Federal Reserve officials have talked broadly about helping households and firms through the current economic crisis and quickly unleashed trillions of dollars in cash and credit guarantees to build a “bridge” to the post-pandemic world.

29 May 05:06 Reuters 8334514180592306397.html
With 'Main Street' in view, Fed weighs risks of job, productivity shocks

With 'Main Street' in view, Fed weighs risks of job, productivity shocks

29 May 00:00 Investing.com 5710361976264321318.html
Stick or twist? Investors face coronavirus-induced property dilemma

29 May 06:24 2 articles

Stick or twist? Investors face coronavirus-induced property dilemma

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

29 May 06:24 Reuters 8334514181808271278.html
Stick or twist? Investors face coronavirus-induced property dilemma

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

29 May 00:00 Moneycontrol 1603024965131782534.html
US major airlines roll out more options to avoid staff lay-offs

29 May 00:33 2 articles

US major airlines roll out more options to avoid staff lay-offs

The top three U.S. airlines, hit hard by the coronavirus pandemic, are rolling out fresh programs to induce tens of thousands of employees to ...

29 May 00:33 CNA 5644198864148302697.html
US major airlines roll out more options to avoid staff layoffs

The top three U.S. airlines, hit hard by the coronavirus pandemic, are rolling out fresh programs to induce tens of thousands of employees to ...

29 May 00:33 CNA 5644198862626935829.html
UPS adds 'peak' surcharge amid coronavirus fueled delivery spike

29 May 05:40 2 articles

UPS adds 'peak' surcharge amid coronavirus fueled delivery spike

United Parcel Service Inc on May 31 will slap surcharges on U.S. e-commerce companies that have flooded its delivery network with shipments of ...

29 May 05:40 CNA 5644198863183977059.html
UPS adds 'peak' surcharge amid coronavirus-fueled delivery spike

United Parcel Service Inc on May 31 will slap surcharges on U.S. e-commerce companies that have flooded its delivery network with shipments of ...

29 May 05:40 CNA 5644198863269458373.html
Aimia vows to fight Air Canada's court move to halt upcoming merger

29 May 02:59 2 articles

Aimia vows to fight Air Canada's court move to halt upcoming merger

Aimia Inc. says it plans to defend itself against a move by Air Canada in Quebec Superior Court to halt a merger that the smaller company sees as key to its corporate reinvention.

29 May 02:59 CTVNews 2422791598901699256.html
Aimia vows to fight Air Canada's court move to halt upcoming merger

TORONTO — Aimia Inc. says it plans to defend itself against a move by Air Canada in Quebec Superior Court to halt a merger that the smaller company sees as key to its corporate reinvention.

29 May 04:00 KitchenerToday.com 52741009381953309.html
Funds recommend keeping equity allocations on hold at 7-month low: Poll

29 May 11:20 2 articles

Funds recommend keeping equity allocations on hold at 7-month low: Poll

Asset managers were almost evenly split on whether this year's lows for key indexes would be revisited.

29 May 11:20 The Economic Times 7653256036478608881.html
How investors learnt to love the rally in stocks

‘Fear of missing out’ dominates in sweeping ascent as doubters turn into believers

29 May 03:00 Ft 707176889758423930.html
BaFin examines Wirecard chief’s share purchase

29 May 11:20 2 articles

BaFin examines Wirecard chief’s share purchase

Markus Braun’s move falls within pre-results period when managers usually may not trade

29 May 11:20 Ft 707176889181227307.html
German regulator examines stock trades by Wirecard CEO

German regulator examines stock trades by Wirecard CEO

29 May 00:00 Investing.com 5710361974467534840.html
Financial sector weighs on S&P/TSX composite, U.S. stock markets down

29 May 08:00 2 articles

Financial sector weighs on S&P/TSX composite, U.S. stock markets down

Losses in the financial sector helped weigh down Canada's main stock index in late-morning trading as it posted a triple-digit decline, while U.S. stock markets also moved lower.

29 May 08:00 CTVNews 2422791598238444055.html
Financial sector weighs on Toronto, U.S. stock markets mixed in early trading

Canada's main stock index fell in early trading as losses in the heavyweight financial sector offset gains by materials stocks.

29 May 08:00 CTVNews 2422791598816352092.html
First-quarter GDP worst showing since 2009: StatCan

29 May 12:14 2 articles

First-quarter GDP worst showing since 2009: StatCan

Canada's economy had its worst quarterly showing since 2009 through the first three months of 2020 owing to COVID-19, Statistics Canada said Friday, warning an even steeper drop may be coming.

29 May 12:14 CTVNews 2422791599005343207.html
Statistics Canada expected to report GDP down nine per cent in March

Canada's economy had its worst quarterly showing since 2009 through the first three months of 2020, and may be headed to an even steeper drop, as steps taken to slow the spread of COVID-19 forced businesses to close and lay off workers.

29 May 10:25 CP24 1887544296495592171.html
In Senegal, the struggles of a small airline during coronavirus

29 May 12:37 2 articles

In Senegal, the struggles of a small airline during coronavirus

Launching an airline in Africa is a notorious challenge in a continent and sector where opportunities are often crimped by regulations and national champions are dominant.

29 May 12:37 News24 3752801376631933928.html
In Senegal, the struggles of a small airline during coronavirus

Launching an airline in Africa is a notorious challenge in a continent and sector where opportunities are often crimped by regulations and national champions are dominant.

29 May 05:20 Digital Journal 4566489172686078715.html
NBN to get 250Mbps on entire HFC network by June 2021, only 7% can get 750Mbps | ZDNet

29 May 00:57 2 articles

NBN to get 250Mbps on entire HFC network by June 2021, only 7% can get 750Mbps | ZDNet

New wholesale pricing structure leaves cable users guessing.

29 May 00:57 ZDNet 591556592649974424.html
NBN Co limits gigabit services to just 7 percent of HFC footprint

Similarly constrains access to 250 Mbps tier.

29 May 01:07 iTnews 4425008559830645353.html
RBI imposes Rs 4 crore penalty on Citibank

29 May 00:00 2 articles

RBI imposes Rs 4 crore penalty on Citibank

In a release, RBI said the penalty has been imposed on Citibank NA for contravention of certain sections of the Banking Regulation Act and for non-compliance with directions.

29 May 00:00 Moneycontrol 1603024964563221500.html
RBI slaps penalties on Bank of India, Karnataka Bank, Saraswat Cooperative Bank for non-compliance

RBI also imposed a penalty of Rs 1.2 crore on Karnataka Bank for non-compliance with central bank’s directions.

29 May 01:45 The Financial Express 1288289581225942282.html
Gold prices jump today as investors seek safe-haven assets amid heightened US-China tensions

29 May 12:43 2 articles

Gold prices jump today as investors seek safe-haven assets amid heightened US-China tensions

The gold prices on the MCX inched higher as overnight COMEX gold appreciated due to worsening economic data from the US and trade relations with China

29 May 12:43 The Financial Express 1288289581055946727.html
Gold price dips marginally to Rs 46,929, silver gains

The gold/silver ratio currently stands at 96.89 to 1, which means the amount of silver required to buy one ounce of gold.

29 May 00:00 Moneycontrol 1603024965011700708.html
NCS ties up with TCS iON for providing free online skill training to registered job seekers

29 May 12:38 2 articles

NCS ties up with TCS iON for providing free online skill training to registered job seekers

This course on soft skills assists the learners in enhancing personality development with modules on corporate etiquette, improving interpersonal skills, making impactful presentations, including other necessary soft skills demanded by the industry.

29 May 12:38 The Indian Express 2885715104583327207.html
CSIRO to spend up to AU$7 million annually through new procurement portal | ZDNet

The eProcurement Portal will be used to procure network, unified communications, cybersecurity, and data centre hardware, software, and services for the next five years.

29 May 02:08 ZDNet 591556592648836740.html
Automatic refill: Driverless prescription delivery is here | ZDNet

29 May 11:00 2 articles

Automatic refill: Driverless prescription delivery is here | ZDNet

Coming off pandemic, health is a growth sector for robots.

29 May 11:00 ZDNet 591556592752205744.html
CVS is testing driverless vehicles in Houston for safe, socially distanced medical deliveries

Self-driving startup Nuro announced that it will deliver prescriptions autonomously to residents in parts of one Texas city. A boon for social distancing.

29 May 06:45 The Next Web 3990801510702842016.html
GDP growth likely be at 3.6% in Jan-Mar quarter, says Care Ratings; govt to release data today evening

29 May 06:22 2 articles

GDP growth likely be at 3.6% in Jan-Mar quarter, says Care Ratings; govt to release data today evening

The country's GDP growth is likely to be at 3.6 percent in January-March 2020 as economic activity came to a complete halt due to the countrywide lockdown imposed to contain the coronavirus outbreak, says a report

29 May 06:22 Firstpost 4760741711868037707.html
March quarter GDP growth to show drastic fall; brace for worse in Q1FY21 print

A note by ICICI Bank stated the country's March quarter GDP growth may come to 1.5 percent year-on-year (YoY).

29 May 00:00 Moneycontrol 1603024964984493095.html
Coronavirus effect: UK car production likely to drop to lowest level in decades

29 May 09:13 2 articles

Coronavirus effect: UK car production likely to drop to lowest level in decades

Full-year production could fall to as low as around 870,000 vehicles, according to a forecast by AutoAnalysis for the SMMT, far below a recent nadir of 999,460 cars in 2009, during the financial crisis

29 May 09:13 Business Today 1145527431642068569.html
UK car production reaches lowest point since WW2

UK car production fell to its lowest level since the Second World War in April, down -99.7%, according to figures from the Society of Motor Manufacturers and Traders (SMMT).

29 May 00:00 FleetNews 632199012675296421.html
GST Council may find it difficult to raise GST rates

29 May 10:28 2 articles

GST Council may find it difficult to raise GST rates

It was widely expected that the GST Council could consider raising tax rates and cess on certain non-essential items to boost revenue for states and the Centre.Several states have reportedly taken an over 80-90% hit in GST collections in April

29 May 10:28 Livemint 6614605819269358820.html
Council may find it difficult to raise GST rates

 The GST Council is unlikely to make major changes in the indirect tax structure at its next meeting slated mid June.

29 May 00:00 Telangana Today 8182025567676095131.html
NABARD sanctions Rs 1,050 crore credit support to West Bengal

29 May 10:40 2 articles

NABARD sanctions Rs 1,050 crore credit support to West Bengal

The credit support under special liquidity facility will be extended to state cooperative banks, regional rural banks and micro-finance institutions. The NABARD has already disbursed an amount of Rs 720 crore to state coperative and regional rural banks, he said, adding that disbursements to MFIs will commence shortly.

29 May 10:40 The Economic Times 7653256036503329307.html
NABARD sanctions Rs 1,050 crore credit support to West Bengal

The National Bank for Agriculture and Rural Development (NABARD) has sanctioned credit of Rs 1,050 crore in the current fiscal so far to West Bengal for benefit of farmers and poor people.

29 May 00:00 Telangana Today 8182025567986475028.html
Lifetime community rating cited for rise in low cover health plan purchases

29 May 11:51 2 articles

Lifetime community rating cited for rise in low cover health plan purchases

Research suggests many first time buyers bought cheap plans with limited benefits

29 May 11:51 The Irish Times 8204772969029625638.html
Lifetime community rating leads to rise in low cover plan purchases

Research suggests many first-time buyers bought cheap plans with limited benefits

29 May 11:51 The Irish Times 8204772968747832241.html
FDI into India increased 18 per cent to $73 billion in 2019-20

29 May 04:08 2 articles

FDI into India increased 18 per cent to $73 billion in 2019-20

This will spur job creation, says Union Minister Piyush Goyal

29 May 04:08 BusinessLine 5283600588226900.html
FDI inflows from Cayman Islands into India triples in FY20

The Cayman Islands, which is close to Cuba and was ranked in the study as the most prominent centre for financial secrecy, hosts more than 100,000 companies, a number that outstrips the local population

29 May 03:26 Livemint 6614605818762123690.html
Gender inclusion, the Infosys way

29 May 09:41 2 articles

Gender inclusion, the Infosys way

Technology majors are at a huge advantage if they are able to understand how a cross-section of people tend to engage with their technology. With today’s consumer base more diverse and heterogeneous,

29 May 09:41 BusinessLine 5283600890690995.html
‘Social IQ skills’ are the X-factor that women bring to tech companies

Apart from automation, technology needs soft and cognitive skills, believes HCl Technologies

29 May 09:29 BusinessLine 5283600704211494.html
Scrapping of 7.75% savings bonds to hit savers, pensioners

29 May 07:46 2 articles

Scrapping of 7.75% savings bonds to hit savers, pensioners

According to fund managers and analysts, the 7.75 per cent Savings (Taxable) Bonds, 2018 was the favourite investment option for savers and pensioners who considered these bonds as safe and generating adequate returns.

29 May 07:46 The Indian Express 2885715103784300995.html
Govt discontinues 7.75 per cent Savings Bonds

Investors deprived of an attractive savings instrument

29 May 10:37 BusinessLine 5283601780432843.html
EUR/USD: The trend is positive but a setback is on the cards

29 May 07:18 2 articles

EUR/USD: The trend is positive but a setback is on the cards

Another day, another round number smashed – at 1.11, the world's most popular currency pair is trading at the highest since March while Friday's four-

29 May 07:18 FXStreet 4480975638643350717.html
EUR/USD Price Analysis: Range breakout seen on D1 favors move above 1.11

EUR/USD closed well above 1.1019 on Thursday, confirming an upside breakout of the multi-week trading range of 1.0727 to 1.1019. The breakout is backe

29 May 01:19 FXStreet 4480975638424075553.html
USD/JPY: Below 107.31/21 the risk turns lower – Credit Suisse

29 May 09:05 2 articles

USD/JPY: Below 107.31/21 the risk turns lower – Credit Suisse

USD/JPY has broken its uptrend from March to turn the risk lower with support seen at 106.77/74, the Credit Suisse analyst team report. Key quotes “Be

29 May 09:05 FXStreet 4480975638540947368.html
EUR/USD options market bias has flipped bullish, risk reversals show

On Thursday, EUR/USD one-month risk reversals (EUR1MRR) crossed above zero or flipped bullish to euro calls – the first positive reading since March 1

29 May 03:23 FXStreet 4480975639972696322.html
South Korea: Lower rates and GDP downgraded – UOB

29 May 09:34 2 articles

South Korea: Lower rates and GDP downgraded – UOB

UOB Group’s Economist Ho Woei Chen, CFA, assessed the recent Bank of Korea (BoK) meeting and GDP outlook. Key Quotes “As expected, the Bank of Korea (

29 May 09:34 FXStreet 4480975638678406052.html
Bank mortgage lending is drying up in South Africa

The South African Reserve Bank (SARB) says that banks have adopted a relatively conservative approach to mortgage lending. 

29 May 00:00 BusinessTech 2153596439501664290.html
Amazon in talks for new Dublin office even as virus hits

29 May 11:56 2 articles

Amazon in talks for new Dublin office even as virus hits

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

29 May 11:56 BNN 3833521688599124217.html
Amazon in talks for new office despite pandemic

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

29 May 00:00 MyBroadband 3036103788747548761.html
SBP reserves fall $55m to $12.07b

29 May 04:01 2 articles

SBP reserves fall $55m to $12.07b

Drop comes on accoun­t of extern­al debt repaym­ents

29 May 04:01 The Express Tribune 1105816786412659866.html
India's forex reserves soar to record high of $490.04 billion

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

29 May 00:00 Moneycontrol 1603024965338982719.html
SA’s credit growth slows to 7.37% year on year in April

29 May 06:33 2 articles

SA’s credit growth slows to 7.37% year on year in April

M3 quickens to 10.47%.

29 May 06:33 Moneyweb 1092550946752820675.html
SA's credit growth slows to 7.37% year on year in April

Expansion in the broadly defined M3 measure of money supply quickened to 10.47% in April from 9.49% in March.

29 May 00:00 ewn.co.za 2308610106672156458.html
Rand falls, focus on Trump’s Hong Kong response

29 May 07:30 2 articles

Rand falls, focus on Trump’s Hong Kong response

In fixed income, the yield on the 10-year government bond was up 2.5 basis points at 8.96%.

29 May 07:30 Moneyweb 1092550947111938604.html
Rand falls, focus on Trump's Hong Kong response

Locally, market participants awaited April trade balance figures as well as monthly budget balance numbers due later in the day.

29 May 00:00 ewn.co.za 2308610108181746625.html
Old Mutual hopes to make announcement on new CEO soon -chairman

29 May 12:44 2 articles

Old Mutual hopes to make announcement on new CEO soon -chairman

The 175-year-old insurer has been led by acting CEO Iain Williamson since June last year.

29 May 12:44 Moneyweb 1092550947704490938.html
Old Mutual hopes to make announcement on new CEO soon - chairperson

The 175-year-old insurer has been led by acting CEO Iain Williamson since the abrupt sacking of ex-CEO Peter Moyo in June last year.

29 May 00:00 ewn.co.za 2308610107117102891.html
SAA's BRPs criticised for delaying rescue plan

29 May 00:00 2 articles

SAA's BRPs criticised for delaying rescue plan

The plan was expected to be made public on Friday but the practitioners have asked for an extension to 8 June.

29 May 00:00 ewn.co.za 2308610107759650173.html
SAA’s BRPs ask for another extension to finalise rescue plan

This will be their fourth extension since taking charge of the embattled airline since December last year.

29 May 00:00 ewn.co.za 2308610108161451945.html
Tesla performance opens door to Elon Musk payday

29 May 08:08 2 articles

Tesla performance opens door to Elon Musk payday

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

29 May 08:08 Tech Xplore 4945708899180989357.html
Tesla performance opens door to Elon Musk payday

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

29 May 01:27 Malaymail 302165934806915206.html
Hong Kong stocks end week with more losses

29 May 08:43 2 articles

Hong Kong stocks end week with more losses

HONG KONG, May 29 — Hong Kong stocks finished with more losses today as traders nervously await Donald Trump’s news conference, in which he will set out the US response to China’s plans to impose a security law on the financial hub. The Hang Seng Index fell 0.74 per cent, or 171.29 points, to...

29 May 08:43 Malaymail 302165934961430597.html
Asian markets fall as new Chinese law puts Hong Kong’s future in doubt

Asian markets mostly fell in early trading Friday, ahead of a news conference by President Donald Trump regarding China.

29 May 03:13 MarketWatch 8975941548969900549.html
Debt relief plans for world's poor countries inch forward

29 May 10:00 2 articles

Debt relief plans for world's poor countries inch forward

Plans for debt relief for the world's poorest countries inched forward on Thursday as private creditors laid out a blueprint for their involvement, though it received immediate criticism for not going far enough.

29 May 10:00 The Jakarta Post 7678601104038264695.html
Debt relief plans for world's poor countries inch forward

Plans for debt relief for the world's poorest countries inched forward as private creditors laid out a blueprint for their involvement, though it...

29 May 00:00 Otago Daily Times Online News 3107042080584120244.html
Govt lifts curbs on exports of paracetamol APIs with immediate effect

29 May 04:39 2 articles

Govt lifts curbs on exports of paracetamol APIs with immediate effect

"The notification is further amended to remove the restriction on the export of paracetamol APIs, making it export 'free' with immediate effect," the statement read

29 May 04:39 Business-Standard 1502508926136755589.html
Government removes restrictions on the export of paracetamol APIs

Government has removed restrictions on the export of paracetamol active pharmaceutical ingredient (API) almost three months after the curbs were put in place due to shortage of supply from China...

29 May 04:17 The Hans India 817019415222524430.html
CWB reports Q2 profit down as provisions for credit losses soar

29 May 11:35 2 articles

CWB reports Q2 profit down as provisions for credit losses soar

CWB Financial Group reported its second-quarter profit fell compared with a year ago as the economy tanked due to the steps taken to slow the COVID-19 pandemic and its provisions for credit losses more than doubled.

29 May 11:35 BNN 3833521687813244173.html
CWB Financial reports Q2 profit down as provisions for credit losses soar

EDMONTON — CWB Financial Group reported its second-quarter profit fell compared with a year ago as the economy tanked due to the steps taken to slow the COVID-19 pandemic and its provisions for credit losses more than doubled.

29 May 10:47 KitchenerToday.com 52741009316985789.html
Former HDFC executive Deepak Satwalekar appointed to Wipro’s Board

29 May 05:55 2 articles

Former HDFC executive Deepak Satwalekar appointed to Wipro’s Board

29 May 05:55 Free Press Journal 9080771788871628348.html
Wipro appoints Deepak M Satwalekar to its Board of Directors

Deepak M ​​Satwalekar has been the Managing Director of HDFC Ltd and subsequently the Managing Director and CEO of HDFC Standard Life Insurance Co. Ltd. He has also been a consultant to the World Bank, the Asian Development Bank, the United States Agency for International Development (USAID) and the United Nations Human Settlements Programme (UN-HABITAT), the statement said.

29 May 05:31 The Economic Times 7653256037369332955.html
GWM India’s president and MD are James Yang and Parker Shi

29 May 10:24 2 articles

GWM India’s president and MD are James Yang and Parker Shi

Both James Yang and Parker Shi have ample experience in the auto industry which should help GWM establish its presence in India. Click to read more.

29 May 10:24 Autocar India 1039296990794629180.html
GWM announces senior leadership for its Indian subsidiary

Auto manufacturer GWM has announced the appointment of James Yang as president for its Indian subsidiary. The company has also appointed Parker Shi as managing director for the Indian subsidiary. Continue Reading →

29 May 07:27 News Today 4115950002304015712.html
UK government launches fund to boost smart device security

29 May 11:07 2 articles

UK government launches fund to boost smart device security

It's estimated that there could be as many as 75 billion connected devices worldwide by 2025, but the increased popularity of 'smart' equipment comes with risk as many products currently on sale lack basic cybersecurity.

29 May 11:07 BetaNews 3764252315523400064.html
£400k for IoT security design schemes

The government has launched a £400,000 funding pot for innovators to design schemes to boost the security of  internet-connected products, Digital Infrastructure Minister Matt Warman announced today.

29 May 11:00 Electronics Weekly.com 6636672080118871364.html
Bitcoin Breaking $10,500 Will Set the Stage for a Massive Reversal: Here’s Why

29 May 10:00 2 articles

Bitcoin Breaking $10,500 Will Set the Stage for a Massive Reversal: Here’s Why

Bitcoin has been on an impressive rally over the past two months.

29 May 10:00 NewsBTC 7232133511185853664.html
Bitcoin Isn’t Even in a Macro Bull Market Yet: Here’s Why One Is Imminent

Bitcoin has performed extremely well since the $3,700 lows. Data from TradingView suggests that from the lows, the cryptocurrency is up just over 150%.

29 May 01:00 Bitcoinist.com 1696346936229738507.html
Government's stimulus program to boost consumer spending

29 May 04:00 2 articles

Government's stimulus program to boost consumer spending

The world has been experiencing an unprecedented economic downturn due to the COVID-19 pandemic. A significant number of economic activities have shut down. With increasing unemployment, economists are devising and proposing economic measures that could help ensure a sustainable increase in consumer spending and circumvent a long-term economic recession. However, whether the proposed economic measures are going to provide a long-term solution to these problems remains a concern.

29 May 04:00 EurekAlert! 8889232468082336633.html
The role of entrepreneurial action in economic recovery

The Covid-19 lockdown is having an unprecedented impact on small business and entrepreneurship globally. Governments around the world are rightly focusing on protecting people’s health while at the same time protecting the economy through stimulus and relief packages. There are differences in opinions as to what specific measures are required to return to ‘normality’, which further depends on the length of the pandemic and the severity of the impact on different types of business sectors.

29 May 08:17 Daily Maverick 2373996787840382352.html
Latvian GDP contracted by 1.5% in first quarter

29 May 11:46 2 articles

Latvian GDP contracted by 1.5% in first quarter

Data compiled by the Central Statistical Bureau (CSB) show that in the first quarter of 2020, compared to the first quarter of 2019, gross domestic product (GDP) decreased by 1.5 % (according to seasonally and calendar non-adjusted data).

29 May 11:46 Public broadcasting of Latvia 4233150812035287512.html
Latvia’s gross domestic product down 1.5% in Q1 2020

In Q1 2020, compared to Q1 2019, gross domestic product (GDP) decreased by 1.5 %, according to seasonally and calendar non-adjusted data. In Q1 GDP at constant prices was EUR 6.8 billion.

29 May 00:00 BNN - Baltic News Network 1847219821757104594.html
Starling Scores $49 million From Its Investors

29 May 11:10 2 articles

Starling Scores $49 million From Its Investors

Starling, a United Kingdom-based digital bank, has raised $49 million in a funding round led by its investors Merian Chrysalis Investment Co. and Harald McPike.

29 May 11:10 PYMNTS.com 7357138824925092766.html
Starling Bank lands £40m from existing backers

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

29 May 00:00 FinTech Futures 6822881035907866518.html
ITC Hotels partners with Swiggy to deliver food delicacies at customers' doorsteps

29 May 00:00 2 articles

ITC Hotels partners with Swiggy to deliver food delicacies at customers' doorsteps

The move would enable ITC Hotels' customers to enjoy their pre-paid orders with 'no-contact' deliveries and have unique food experiences with local offerings from the regions at their home, said a joint statement.

29 May 00:00 Moneycontrol 1603024964705433630.html
ITC Hotels partners with Swiggy for home delivery

Home delivery service will be available for properties including ITC Maurya, ITC Royal Bengal, ITC Grand Chola, ITC Gardenia and ITC Windsor among others…

29 May 00:00 Business Traveller 900610880949140077.html
TJ Maxx, Marshalls, HomeGoods expect to reopen end of June

29 May 11:07 2 articles

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

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

29 May 11:07 ABC7 Los Angeles 8300010440880764824.html
TJ Maxx, Marshalls, HomeGoods expect to reopen end of June

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

29 May 11:07 ABC7 New York 7327811148520830872.html
Russia's Rosneft finds extended oil cuts painful: Sources

29 May 00:00 2 articles

Russia's Rosneft finds extended oil cuts painful: Sources

Rosneft has told the energy ministry it would be difficult to maintain cuts to the end of the year, as it has had to cut shipments to major buyers, such as Glencore and Trafigura, despite good demand, two sources close to the talks said on condition of anonymity.

29 May 00:00 Moneycontrol 1603024965324701373.html
Exclusive: Russia's Rosneft finds extended oil cuts painful - sources

Exclusive: Russia's Rosneft finds extended oil cuts painful - sources

29 May 00:00 Investing.com 5710361976336972537.html
Sales soar in the sunshine as beer lovers drink at home

29 May 05:00 2 articles

Sales soar in the sunshine as beer lovers drink at home

Beer sales are soaring as people enjoy the summer lockdown in their gardens.

29 May 05:00 Shropshire Star 3480199992520716217.html
Sales soar in the sunshine as beer lovers drink at home

Beer sales are soaring as people enjoy the summer lockdown in their gardens.

29 May 05:06 Express & Star 7324224460066893753.html
The Smartest Stocks to Invest $2,500 Into Right Now

29 May 09:51 2 articles

The Smartest Stocks to Invest $2,500 Into Right Now

Your pocketbook will thank you if you hang onto these quality companies for the long term.

29 May 09:51 The Motley Fool 2231313657817413116.html
The 9 Best Cheap Stocks to Fill Up On Now

Due to the devastation of the coronavirus, cheap stocks are a dime a dozen. However, these nine ideas may offer significant upside.

29 May 12:33 InvestorPlace 24614509259873798.html
Fintech marketplace Stackin secures $12.6 million ahead of UK launch

29 May 10:25 2 articles

Fintech marketplace Stackin secures $12.6 million ahead of UK launch

Stackin, a US startup that helps consumers navigate the crowded fintech space, has raised a $12.6 million Series B funding round led by Octopus Ventures.

29 May 10:25 Finextra 6000504751056475378.html
CBA offers $150,000 in seed funding to startups helping small businesses

Commonwealth Bank of Australia's fintech investment vehicle, X15 Ventures, is to run a virtual pitch event for startups with technology capable of supporting small business owners, with the winning ideas to receive seed funding of up to $150,000.

29 May 09:44 Finextra 6000504749789381857.html
Goldfinch acquires 80% of Vesta for $125 million

29 May 11:33 2 articles

Goldfinch acquires 80% of Vesta for $125 million

Venture capital firm Goldfinch Partners has spent $125 million to acquire an 80% stake in fraud protection and e-commerce payments outfit Vesta.

29 May 11:33 Finextra 6000504749225266267.html
Goldfinch Partners acquires payments fintech Vesta

Goldfinch Partners, a Washington-based private equity firm, has invested $125 million in Vesta in a bid to take control of more than 80% of the Oregon-based payments and fraud detection solution provider.

29 May 00:00 FinTech Futures 6822881035670538279.html
Tower Delivers Solid First-half Performance

29 May 09:00 2 articles

Tower Delivers Solid First-half Performance

Kiwi insurer, Tower Limited (NZX / ASX: TWR), has today announced a half year profit of $14.9 million after tax, a $3 million improvement on the same period last year.

29 May 09:00 SCOOP 5315658999302506095.html
Tower delivers solid first-half performance

Kiwi insurer, Tower Limited (NZX / ASX: TWR), has today announced a half year profit of $14.9 million after tax, a $3 million improvement on the same period last year.

29 May 09:50 www.voxy.co.nz 6138926315893547827.html
India’s key growth engine grinds to halt in sign of slump

29 May 05:32 2 articles

India’s key growth engine grinds to halt in sign of slump

India Business News: From call centers to hotels to airlines, India’s key services industries have come to a standstill during the coronavirus outbreak, dragging the econo

29 May 05:32 The Times of India 6060938663133885581.html
India’s key growth engine grinds to halt in sign of slump

Businesses providing services of everything from technology to travel and trade were the first to be hit by lock down. Unlike manufacturing-heavy economies like China and South Korea, in India, the services sector accounts for 55% of gross domestic product -- and the slump in output has had ripple effects on jobs and economic growth.

29 May 04:31 The Economic Times 7653256037208815126.html
German airline Lufthansa to double flights to Athens from Frankfurt and Munich

29 May 08:14 2 articles

German airline Lufthansa to double flights to Athens from Frankfurt and Munich

Lufthansa Group said that the extension of its June timetable responds to the growing interest of customers in air travel as Covid-19 travel restrictions are

29 May 08:14 Greek City Times 1506177377276055780.html
Lufthansa Group significantly extends June timetable

The airlines in the Lufthansa Group are significantly expanding their services in the second half of June compared with the previous weeks. As in the first half of June, the focus will be on summer tourist destinations. The aim is to make as many destinations as possible accessible for holidaymakers and business travelers and thus expand the European and intercontinental network for holidaymakers and business travelers. Starting from June15th, Lufthansa alone will be resuming around 20 German and European destinations from

29 May 06:37 TravelDailyNews International 1304175789077578674.html
Financial help sought for new community hub

29 May 00:00 2 articles

Financial help sought for new community hub

The $3.8million Wanaka Community Hub building, which opened seven months ago is in financial strife. The hub houses community and government...

29 May 00:00 Otago Daily Times Online News 3107042080028050541.html
Financial help sought for new community hub

The $3.8 million Wanaka Community Hub building, which opened seven months ago is in financial strife. The hub houses community and government...

29 May 00:00 Otago Daily Times Online News 3107042078598773989.html
Govt announces package to boost arts sector

29 May 00:00 2 articles

Govt announces package to boost arts sector

The government has announced a $175 million package to boost the arts and creative sector in the wake of Covid-19. This story was first published...

29 May 00:00 Otago Daily Times Online News 3107042079290011135.html
Govt announces package to boost arts sector

The government has announced a $175 million package to boost the arts and creative sector in the wake of Covid-19. This story was first published...

29 May 00:00 Otago Daily Times Online News 3107042078866378201.html
Gold: Patience Is A Virtue

29 May 02:26 2 articles

Gold: Patience Is A Virtue

Gold has been treading water for weeks now and seems to be slightly stuck above US$1,700. The weekly chart is still bullish, and the daily chart is neutral. U.S

29 May 02:26 Seeking Alpha 5725634557617362321.html
Gold - Patience Is A Virtue

Commodities Analysis by Florian Grummes covering: XAU/USD, XAG/USD, Gold Futures, Silver Futures. Read Florian Grummes's latest article on Investing.com

29 May 00:00 Investing.com 5710361976162921599.html
Ralf Usbeck returns to the helm of Peakwork AG and takes over management

29 May 08:42 2 articles

Ralf Usbeck returns to the helm of Peakwork AG and takes over management

DUSSELDORF – Peakwork’s company founder, Ralf Usbeck, takes back the reins and returns to his former role of CEO at Peakwork AG - with immediate effect. The incumbent CEO, Jan Gerlach, will leave the business, along with COO, Michael Schmidt, and Chief Product and Technology Officer, Joao Gonzaga. Back in October 2017, Usbeck retired from the day-to-day business in order to focus on the strategic orientation of Peakwork. As Chairman of the Supervisory Board, he actively supported the development of business

29 May 08:42 TravelDailyNews International 1304175788220423419.html
FMG appoints Claire Owens as new managing director

Huddersfield-based incident management and recovery business FMG, appointed Claire Owens as a new managing director in March, at the outset of the Covid-19 outbreak in the UK.

29 May 00:00 FleetNews 632199012628512248.html
Text Message Finance: Stackin’ Raises $12.6 Million

29 May 04:14 2 articles

Text Message Finance: Stackin’ Raises $12.6 Million

Stackin' has raised a $12.6 million Series B funding round led by Octopus Ventures, according to a company release. Other investors in the funding round includ

29 May 04:14 Crowdfund Insider 6834688073258299341.html
Marqeta lands $4.3bn valuation thanks to mystery investor

Marqeta, the California-based card-issuing platform, has landed $150 million from an undisclosed investor, valuing the company at $4.3 billion.

29 May 00:00 FinTech Futures 6822881036007865420.html
JCPenney to begin reopening stores after declaring bankruptcy

29 May 12:57 2 articles

JCPenney to begin reopening stores after declaring bankruptcy

The clothing retailer shut down brick-and-mortar locations due to COVID-19, but now as the U.S. begins to reopen, they plan to begin opening their stores.

29 May 12:57 WVLT 4089046911795013390.html
JCPenney to begin reopening stores after declaring bankruptcy

The clothing retailer shut down brick-and-mortar locations due to COVID-19, but now as the U.S. begins to reopen, they plan to begin opening their stores.

29 May 07:57 KNOE 8 News 9048639192597473038.html
Q4FY20 GDP estimates out today: What's in store for India's economy

29 May 05:20 2 articles

Q4FY20 GDP estimates out today: What's in store for India's economy

Economists and analysts indicated that the GDP figures released today will only offer an assessment of the early damage caused by Covid-19 outbreak. They also expect a sharp economic decline in upcoming quarters.

29 May 05:20 India Today 4286117813650801898.html
Q4 GDP data today: Why does the growth number matter to us?

Theoretically, the lockdown impacted the economy only in the last week of March. But, in reality much of the normal course of business had slowed down days before the nationwide lockdown came into effect. This is because people movement declined significantly much before the lockdown.

29 May 00:00 Moneycontrol 1603024963766404024.html
Tagwirei's business empire comes under scrutiny

29 May 08:32 2 articles

Tagwirei's business empire comes under scrutiny

WHEN Kudakwashe Tagwirei's father passed away in May 2018, the government came to a standstill.Cabinet was postponed, President Emmerson Mnangagwa, Vice-Preside...

29 May 08:32 Bulawayo24 News 5565663538988779948.html
Tagwirei’s business empire comes under spotlight

WHEN Kudakwashe Tagwirei’s father passed away in May 2018, the government came to a standstill.Cabinet was postponed, President Emmerson Mnangagwa, Vice-President Constantino Chiwenga, ministers and senior government officials drove to Shurugwi for his burial.

29 May 00:00 The Zimbabwe Mail 3765424161660956703.html
Decision to open shops in malls soon after taking into account health ministry's guidelines

29 May 08:57 2 articles

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

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

29 May 08:57 The Economic Times 7653256038309195839.html
Decision to open shops in malls soon after taking into account health ministry's guidelines

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

29 May 00:00 Moneycontrol 1603024965187437479.html
Singapore top FDI source for India in FY20 with $14.67 bn in investments

29 May 11:58 2 articles

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

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

29 May 11:58 Business-Standard 1502508925130754158.html
Singapore top source of FDI in FY20 with investments worth $14.67 billion

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

29 May 00:00 Moneycontrol 1603024963589265816.html
Meniga lands $9.4m from Groupe BPCE, UniCredit and Crédito Agrícola

29 May 00:00 2 articles

Meniga lands $9.4m from Groupe BPCE, UniCredit and Crédito Agrícola

Meniga, an Iceland and UK-based digital banking and personal financial management (PFM) software provider, has landed $9.4 million (€8.5 million) in a strategic investment round led by new backer Groupe BPCE, France’s second-largest banking group.

29 May 00:00 FinTech Futures 6822881037336024253.html
Santander invests in Brazilian alternative lender a55

Santander InnoVentures, the Spanish banking group’s $200 million corporate venture fund, has invested an undisclosed sum in Latin American alternative small and medium-sized enterprise (SME) lender a55.

29 May 00:00 FinTech Futures 6822881036145386032.html
Bank of India cuts MCLR by 25 bps across all tenors

29 May 00:00 2 articles

Bank of India cuts MCLR by 25 bps across all tenors

The revised one-year MCLR will be 7.70 percent as against 7.95 percent earlier, the bank said in a release.

29 May 00:00 Moneycontrol 1603024965161289920.html
UCO Bank reduces repo-based lending rate by 40 bps

State-run UCO Bank on Friday said it has reduced its lending rate linked to the Reserve Bank of India's (RBI) repo rate by 40 basis points.

29 May 00:00 Moneycontrol 1603024963693768388.html
Buy Federal Bank target of Rs 55: Anand Rathi

29 May 00:00 2 articles

Buy Federal Bank target of Rs 55: Anand Rathi

Anand Rathi is bullish on Federal Bank has recommended buy rating on the stock with a target price of Rs 55 in its research report dated May 29, 2020.

29 May 00:00 Moneycontrol 1603024964411011455.html
Buy Federal Bank; target of Rs 67: Prabhudas Lilladher

Prabhudas Lilladher is bullish on Federal Bank has recommended buy rating on the stock with a target price of Rs 67 in its research report dated May 29, 2020.

29 May 00:00 Moneycontrol 1603024963900391214.html
Cognizant Technology Solutions' (CTSH) Management on 2020 Bernstein Strategic Decisions Conference - Transcript

29 May 01:28 2 articles

Cognizant Technology Solutions' (CTSH) Management on 2020 Bernstein Strategic Decisions Conference - Transcript

Cognizant Technology Solutions Corporation (NASDAQ:CTSH) 2020 Bernstein Strategic Decisions Conference May 28, 2020 4:00 PM ET Company Participants Karen McLoug

29 May 01:28 Seeking Alpha 5725634557731619859.html
Mastercard's (MA) Management at Sanford C Bernstein Strategic Decisions Conference - Transcript

Mastercard Incorporated (NYSE:MA) Sanford C Bernstein Strategic Decisions Conference May 28, 2020 2:00 PM ET Company Participants Sachin Mehra – Chief Financial

29 May 00:52 Seeking Alpha 5725634557594722588.html
Majesco (MJCO) CEO Adam Elster on Q4 2020 Results - Earnings Call Transcript

29 May 03:23 2 articles

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

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

29 May 03:23 Seeking Alpha 5725634557897037068.html
Giga-tronics Inc. (GIGA) CEO John Regazzi on Q4 2020 Results - Earnings Call Transcript

Giga-tronics Inc. (OTCQB:GIGA) Q4 2020 Earnings Conference Call May 28, 2020 4:30 P.M. ET Company Participants Traci Mitchell - Principal Accounting Officer and

29 May 01:52 Seeking Alpha 5725634556051099708.html
GRAINS-Corn extends gains, set for biggest weekly jump in 7 months

29 May 03:44 2 articles

GRAINS-Corn extends gains, set for biggest weekly jump in 7 months

* Corn firms for fifth straight session* Wheat poised to finish the week up 1%* Soybeans on course for biggest weekly gain in two monthsBy Colin PackhamSYDNEY, May 29 (Reuters) - U.S. corn futures rose for a fifth consecutive session on Friday as concerns about adverse weather impacting crops and signs of increased demand pushed the grain towards its biggest weekly gain in more than seven months.Wheat was little changed but was on course to finish the week up 1%, while soybeans were poised to record their biggest weekly gain in two months.

29 May 03:44 Successful Farming 8502642053702816297.html
GRAINS-Corn set for biggest weekly gain in more than 7 months

SYDNEY, May 29 (Reuters) - U.S. corn futures rose for a fifth consecutive session on Friday as concerns about adverse weather impacting crops pushed the grain towards its biggest weekly gain in more than seven months.FUNDAMENTALS* The most active corn futures on the Chicago Board Of Trade were up more than 3% for the week, heading for their biggest weekly gain since October 2019.* Corn was up 0.5% at $3.29 a bushel by 0106 GMT after rallying more than 2% on Thursday, when prices hit their highest since April 23 at $3.30-3/4 a bushel.

29 May 01:26 Successful Farming 8502642053910484359.html
Trip.com Group Ltd (TCOM) CEO Jane Sun on Q1 2020 Results - Earnings Call Transcript

29 May 05:49 2 articles

Trip.com Group Ltd (TCOM) CEO Jane Sun on Q1 2020 Results - Earnings Call Transcript

Trip.com Group Ltd (NASDAQ:TCOM) Q1 2020 Earnings Conference Call May 28, 2020, 20:00 ET Company Participants Michelle Qi - Senior IR Director James Liang - Co-

29 May 05:49 Seeking Alpha 5725634556689738387.html
NIO Limited (NIO) CEO William Li on Q1 2020 Results - Earnings Call Transcript

NIO Limited (NYSE:NIO) Q1 2020 Earnings Conference Call May 28, 2020 08:00 ET Company Participants Rui Chen - Director, Investor Relations William Li - Founder,

29 May 03:28 Seeking Alpha 5725634556409990605.html
Capital Iron building part of 6.7 acres bought by Reliance; store to keep operating

29 May 06:00 2 articles

Capital Iron building part of 6.7 acres bought by Reliance; store to keep operating

Reliance Properties, which was behind the transformation of the Janion building on Store Street, has picked up nearly seven acres of downtown Victoria, including the site of the Capital Iron . . .

29 May 06:00 Times Colonist 7617512060689603129.html
Capital Iron building part of 6.7-acres bought by Reliance; store to keep operating

Reliance Properties, which was behind the transformation of the Janion building on Store Street, has picked up nearly seven acres of downtown Victoria, including the site of the Capital Iron . . .

29 May 06:00 Times Colonist 7617512062027622268.html
Lagos attracts US$250m investment for new industrial-residential development

29 May 09:46 2 articles

Lagos attracts US$250m investment for new industrial-residential development

Lagos State government said it has attracted investment worth US250m for its new industrial cum residential development aimed at boosting economic activities and jobs.

29 May 09:46 The Guardian 7580308505604502434.html
Lagos attracts $250 million investment for new industrial, residential development

Lagos State government yesterday said that it had attracted investment worth $250 million for its new industrial cum residential development aimed at boosting economic activities and jobs.

29 May 04:18 The Guardian 7580308503692449072.html
COVID-19 Watch: Hotels, airlines look for new revenue streams, hold on to cash to tide over liquidity crunch

29 May 11:41 2 articles

COVID-19 Watch: Hotels, airlines look for new revenue streams, hold on to cash to tide over liquidity crunch

Other steps like drastic cost control and a sharp reduction in future supply addition are also in the offing.

29 May 11:41 The Indian Express 2885715105007911899.html
COVID-18 Watch: Hotels, airlines look for new revenue streams, hold on to cash to tide over liquidity crunch

Other steps like drastic cost control and a sharp reduction in future supply addition are also in the offing.

29 May 03:31 The Indian Express 2885715103847798970.html
Coronavirus: New mortgage holiday should affect credit record, says Nationwide boss

29 May 11:11 1 article

Coronavirus: New mortgage holiday should affect credit record, says Nationwide boss

The UK's biggest building society says struggling applicants should be flagged to lenders.

29 May 11:11 BBC News 3883826129000471240.html
Should You Pick Ameren Over NextEra?

29 May 00:00 1 article

Should You Pick Ameren Over NextEra?

he stock price for NextEra Energy, the largest electric utility holding company in terms of market cap, is up by over 105% since the beginning of 2017, driven by the company’s fast-growing renewable energy business. In comparison, Ameren, a regulated utility that operates in Illinois and Missouri...

29 May 00:00 Forbes 6028587532421906020.html
As Peet’s Coffee Parent Shares Surge Post IPO, Expect It To Be A Bigger Contender Against Starbucks

29 May 00:00 1 article

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

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

29 May 00:00 Forbes 6028587532409905373.html
Report: Whole Foods, King Soopers Make The Most Of Their Plant-Based Offerings

29 May 00:00 1 article

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

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

29 May 00:00 Forbes 6028587532373079740.html
Earnings Preview: What To Expect From Zoom On Tuesday

29 May 00:00 1 article

Earnings Preview: What To Expect From Zoom On Tuesday

Zoom is expected to earn $0.09/share on $203.02 million in revenue. Meanwhile, the so-called Whisper number is $0.10/share. The Whisper number is the Street's unofficial view on earnings.

29 May 00:00 Forbes 6028587532257887568.html
PPP Gets A Promotion: House Passes Bill That May Save Thousands Of Businesses — And One Million Headaches

29 May 00:00 1 article

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

House passes PPP loan Bill.

29 May 00:00 Forbes 6028587532054342368.html
Does Gap Inc Have Enough Cash To Survive Covid-19 Demand Shock?

29 May 00:00 1 article

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

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

29 May 00:00 Forbes 6028587532048165885.html
What Could Go Wrong: FinTech Vs. Healthcare Covid-19 Crisis Innovation Series

29 May 00:00 1 article

What Could Go Wrong: FinTech Vs. Healthcare Covid-19 Crisis Innovation Series

The COVID-19 crisis presents an opportunity for the healthcare industry to catapult forward, make fundamental changes, and adopt new innovation. But will they take advantage of this opportunity, or will the need to keep the status quo get in the way?

29 May 00:00 Forbes 6028587532018885692.html
14 Return-On-Equity Champions With Warren Buffett Fundamentals

29 May 00:00 1 article

14 Return-On-Equity Champions With Warren Buffett Fundamentals

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

29 May 00:00 Forbes 6028587531989453429.html
The Paycheck Protection Program Could Have Been Great—It Wasn’t

29 May 00:00 1 article

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

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

29 May 00:00 Forbes 6028587531973758213.html
John Paulson Adds 2 Stocks To Portfolio, Boosts Tiffany

29 May 00:00 1 article

John Paulson Adds 2 Stocks To Portfolio, Boosts Tiffany

Merger arbitrage specialist releases first-quarter portfolio

29 May 00:00 Forbes 6028587531964930291.html
TerrAscend Emerging As This Year’s Breakout Star Among Cannabis Operators

29 May 00:00 1 article

TerrAscend Emerging As This Year’s Breakout Star Among Cannabis Operators

TerrAscend’s latest performance reinforces analyst projections that this could be a watershed year for the company, which has spent the last year aggressively expanding its U.S. operations.

29 May 00:00 Forbes 6028587531891574323.html
Used Car Seller Billionaires Ernie Garcia II And Son Accused Of Insider Trading In Lawsuit

29 May 00:00 1 article

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

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

29 May 00:00 Forbes 6028587531856590291.html
Did Gold Do Better Than The Markets? (2020)

29 May 00:00 1 article

Did Gold Do Better Than The Markets? (2020)

Gold sellers are touting a 7 year high in gold.

29 May 00:00 Forbes 6028587531833433152.html
These 10 Billionaires Got $34 Billion Richer This Week, Led By Luxury Goods Tycoon Bernard Arnault

29 May 00:00 1 article

These 10 Billionaires Got $34 Billion Richer This Week, Led By Luxury Goods Tycoon Bernard Arnault

The biggest billionaire gainers are in luxury goods, fashion and cosmetics.

29 May 00:00 Forbes 6028587531775685536.html
First Solar Stock Set To Surge To Pre-Covid Peak Of $57?

29 May 00:00 1 article

First Solar Stock Set To Surge To Pre-Covid Peak Of $57?

Comparing the trend in First Solar stockover recent months with its performance during and after the Great Recession of 2008, we believe that the stock can potentially gain around 20% once fears surrounding the coronavirus outbreak subside, to touch pre-crisis highs of around $57...

29 May 00:00 Forbes 6028587531670239312.html
Report: Worldwide Alcohol Sales Won’t Rebound Until 2024

29 May 00:00 1 article

Report: Worldwide Alcohol Sales Won’t Rebound Until 2024

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

29 May 00:00 Forbes 6028587531655529348.html
The Brazil Tech And Innovation Round-Up: International E-Commerce Growth, Digital Exclusion Hits Black And Poor Brazilians, App Delivery Fee Cap

29 May 00:00 1 article

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

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

29 May 00:00 Forbes 6028587531623078386.html
Why Molina Healthcare Stock Is Up 3x Despite Declining Revenue

29 May 00:00 1 article

Why Molina Healthcare Stock Is Up 3x Despite Declining Revenue

Molina Healthcare’s stock (NYSE: MOH) has gained a whopping 240% since early 2017. But how did the company pull off such impressive gains, as its revenues actually declined 5% over the same period? Well, there is a valid reason, of course. As it turns out, the net earnings margins...

29 May 00:00 Forbes 6028587531597114595.html
Three Ways Technology Can Help Save Retailers

29 May 00:00 1 article

Three Ways Technology Can Help Save Retailers

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

29 May 00:00 Forbes 6028587531594747121.html
Why Goldman Sachs Is Running Downmarket To Embrace RIAs With Recent Acquisitions

29 May 00:00 1 article

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

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

29 May 00:00 Forbes 6028587531589716958.html
Mortgage Rates Hit New All-Time Low, But Rushing To Refinance Might Not Be Necessary

29 May 00:00 1 article

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

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

29 May 00:00 Forbes 6028587531573149228.html
Midwest Hyperloop Route Could Lead To $300 Billion In Economic Benefits

29 May 00:00 1 article

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

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

29 May 00:00 Forbes 6028587531395332010.html
Would You Choose Restaurant Brands’ Stock Over McDonald’s?

29 May 00:00 1 article

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

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

29 May 00:00 Forbes 6028587531310338568.html
'Elon Musk Is Not A Lunatic': Revisiting The Dawn Of SpaceX

29 May 00:00 1 article

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

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

29 May 00:00 Forbes 6028587531217060088.html
Small Businesses Can Bypass Complicated GAAP Rules For Crypto Accounting

29 May 00:00 1 article

Small Businesses Can Bypass Complicated GAAP Rules For Crypto Accounting

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

29 May 00:00 Forbes 6028587531116568465.html
What Two Things Make Flyers Feel Safest Regarding COVID-19? See J.D. Power 2020 Airline Study

29 May 00:00 1 article

What Two Things Make Flyers Feel Safest Regarding COVID-19? See J.D. Power 2020 Airline Study

The industry will need to focus on restoring confidence, while continuing to improve on the operational side.

29 May 00:00 Forbes 6028587531040881276.html
35% Gain Possible For PVH Corp Stock Post-Covid?

29 May 00:00 1 article

35% Gain Possible For PVH Corp Stock Post-Covid?

Comparing the trend in PVH Corp stock (formerly known as Phillips-Van Heusen Corporation, owns brands such as Van Heusen, Tommy Hilfiger, Calvin Klein, to name a few) over recent months with its trajectory during and after the Great Recession of 2008,we believe that the stock can potentially gain...

29 May 00:00 Forbes 6028587530996508676.html
Post-Pandemic Music Industry Predictions: The Consolidation Of Power

29 May 00:00 1 article

Post-Pandemic Music Industry Predictions: The Consolidation Of Power

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

29 May 00:00 Forbes 6028587530989500516.html
Creating Value Through Digital Transformation

29 May 00:00 1 article

Creating Value Through Digital Transformation

Surviving the most challenging economic conditions since the Great Depression, and thriving once the pandemic eases, requires flexible and imaginative thinking and the ability to manage the innovation process.

29 May 00:00 Forbes 6028587530891454665.html
Dow Jones Futures: Trump China News May Not Break Coronavirus Stock Market Rally; Renault, Twitter In Focus

29 May 00:00 1 article

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

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

29 May 00:00 Forbes 6028587530858745108.html
Twilio Shares Surge 98% YTD As Emerging Use Cases Drive Increased Demand

29 May 00:00 1 article

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

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

29 May 00:00 Forbes 6028587530845520848.html
Find The Best Talent And More: 4 Concrete Benefits To Your Business Of Being Accountable To Stakeholders

29 May 00:00 1 article

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

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

29 May 00:00 Forbes 6028587530827105018.html
Qualcomm, Qorvo & Jabil: Apple Suppliers Have Been Left Behind From The Rally. Time To Buy?

29 May 00:00 1 article

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

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

29 May 00:00 Forbes 6028587530795333996.html
What Kind Of Innovation Will We Apply To Build Our Post-COVID Food System?

29 May 00:00 1 article

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

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

29 May 00:00 Forbes 6028587530713167819.html
Got Cryptocurrency? Get Ready For An IRS Audit

29 May 00:00 1 article

Got Cryptocurrency? Get Ready For An IRS Audit

The IRS is hiring cryptocurrency experts to assist in virtual currency audits, a clear signal those audits will be on the rise.

29 May 00:00 Forbes 6028587530694344444.html
Finding Comfort Outside Of The MegaTechs

29 May 00:00 1 article

Finding Comfort Outside Of The MegaTechs

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

29 May 00:00 Forbes 6028587530637905891.html
A New 32GWh Gigafactory Will Build Sustainable Batteries In Norway

29 May 00:00 1 article

A New 32GWh Gigafactory Will Build Sustainable Batteries In Norway

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

29 May 00:00 Forbes 6028587530597469583.html
Are State Reopening Policies Turning The Economy Around?

29 May 00:00 1 article

Are State Reopening Policies Turning The Economy Around?

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

29 May 00:00 Forbes 6028587530492998877.html
TZERO Announced New Broker-Dealers Trading On Its Blockchain

29 May 00:00 1 article

TZERO Announced New Broker-Dealers Trading On Its Blockchain

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

29 May 00:00 Forbes 6028587530490567261.html
Recent Hiring Data Shows Gaming And Esports Companies Not Immune To Economic Woes

29 May 00:00 1 article

Recent Hiring Data Shows Gaming And Esports Companies Not Immune To Economic Woes

Consumers are turning to gaming and esports companies for entertainment during difficult times. So how are these companies faring during the pandemic?

29 May 00:00 Forbes 6028587530465521466.html
Snapshots Of The New Retail Wine Sector And What Lies Ahead

29 May 00:00 1 article

Snapshots Of The New Retail Wine Sector And What Lies Ahead

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

29 May 00:00 Forbes 6028587530431610874.html
Restarting The American Economy: The Most Essential Factors

29 May 00:00 1 article

Restarting The American Economy: The Most Essential Factors

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

29 May 00:00 Forbes 6028587530401218518.html
5 Top Canadian Oil Stocks To Buy In 2020

29 May 00:00 1 article

5 Top Canadian Oil Stocks To Buy In 2020

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

29 May 00:00 Forbes 6028587530376578285.html
Inside Kylie Jenner’s Web Of Lies—And Why She’s No Longer A Billionaire

29 May 00:00 1 article

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

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

29 May 00:00 Forbes 6028587530371953191.html
High Tech's Vital Role In The Fertility Of Agribusiness

29 May 00:00 1 article

High Tech's Vital Role In The Fertility Of Agribusiness

The advancements made in just the past decade have completely revamped agribusiness.

29 May 00:00 Forbes 6028587530340352495.html
Costco's free samples will be back by June, but they may not be the same after the coronavirus

29 May 00:32 1 article

Costco's free samples will be back by June, but they may not be the same after the coronavirus

Costco CFO Richard Galanti spoke to analysts on Thursday about how the coronavirus has affected the warehouse club.

29 May 00:32 Business Insider 6060062399719553798.html
Iconic luxury department store Harrods to open its first outlet location in a bid to shift excess stock that has built up in its store during the lockdown

29 May 11:50 1 article

Iconic luxury department store Harrods to open its first outlet location in a bid to shift excess stock that has built up in its store during the lockdown

Harrods outlet store opens at Westfield shopping center in London in July.

29 May 11:50 Business Insider 6060062399872233831.html
10 things you need to know before the opening bell

29 May 11:52 1 article

10 things you need to know before the opening bell

This is what traders are talking about.

29 May 11:52 Business Insider 6060062400099946748.html
The London flat a raffle firm is STILL struggling to give away: East End property will now come with a £30k Land Rover - but ticket sales are still way off target

29 May 06:15 1 article

The London flat a raffle firm is STILL struggling to give away: East End property will now come with a £30k Land Rover - but ticket sales are still way off target

A property raffle has added a £30,000 car to its original prize pot of a £500,000 London flat in a bid to tempt more customers to purchase tickets.

29 May 06:15 Mail Online 124328112087517582.html
Czech Billionaire Bets Big on Industries Other Investors Avoid

29 May 04:01 1 article

Czech Billionaire Bets Big on Industries Other Investors Avoid

Daniel Kretinsky's latest contrarian move: U.S. retailers.

29 May 04:01 Bloomberg.com 4032480120617067144.html
U.S. Stocks Expensive Any Way You Cut It, Says Oxford Economics

29 May 05:34 1 article

U.S. Stocks Expensive Any Way You Cut It, Says Oxford Economics

Stocks in the U.S. are expensive on a range of valuation multiples and could come under pressure as geopolitical tensions escalate, according to Oxford Economics.

29 May 05:34 Bloomberg.com 4032480121253672037.html
Airlines Leave $29 Billion Aid Fund Untapped in Bet on Rebound

29 May 08:00 1 article

Airlines Leave $29 Billion Aid Fund Untapped in Bet on Rebound

U.S. airlines have yet to tap $29 billion in federal pandemic relief loans as they wait to see whether the reopening of the economy revives demand and diminishes the need for money that comes with government strings attached.

29 May 08:00 Bloomberg.com 4032480121998347888.html
F-35 Costs Drop for Building Jets But Rise for Operating Them

29 May 08:00 1 article

F-35 Costs Drop for Building Jets But Rise for Operating Them

The Pentagon’s costliest program, Lockheed Martin Corp.’s F-35, is starting to look a little less expensive, with the latest estimate for development and procurement down 7.1% to $397.8 billion.

29 May 08:00 Bloomberg.com 4032480122631549673.html
Battle for Hong Kong Is Shifting to City’s Financial Markets

29 May 08:36 1 article

Battle for Hong Kong Is Shifting to City’s Financial Markets

The struggle to maintain confidence in Hong Kong’s future is manifesting in its stock and currency markets.

29 May 08:36 Bloomberg.com 4032480122169782439.html
What’s Keeping Stocks Afloat? The ‘Microsoft Market’

29 May 09:00 1 article

What’s Keeping Stocks Afloat? The ‘Microsoft Market’

The tech giant is a mainstay of the industry that lets companies, governments and people navigate disruptions caused by the coronavirus and other threats.

29 May 09:00 Bloomberg.com 4032480122123540691.html
It’s No Longer Trump’s Economy, It’s Covid-19’s

29 May 10:30 1 article

It’s No Longer Trump’s Economy, It’s Covid-19’s

Trump’s re-election chances depend on how, where and when the pandemic affects the economy.

29 May 10:30 Bloomberg.com 4032480122051311230.html
Five Things You Need to Know to Start Your Day

29 May 10:32 1 article

Five Things You Need to Know to Start Your Day

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29 May 10:32 Bloomberg.com 4032480122692115282.html
Covid-19 Reinforced Our Coffee Addiction

29 May 10:40 1 article

Covid-19 Reinforced Our Coffee Addiction

JDE Peet's benefits from having the right timing and business mix to ride out the coronavirus pandemic. 

29 May 10:40 Bloomberg.com 4032480121862793494.html
In Boom-and-Bust San Francisco, Pandemic Brings Grim New Reality

29 May 11:00 1 article

In Boom-and-Bust San Francisco, Pandemic Brings Grim New Reality

Uber, Lyft and Airbnb have slashed thousands of jobs. Salesforce and Visa are letting employees work remotely for months; Twitter and Square are allowing them to do so for good.

29 May 11:00 Bloomberg.com 4032480120809308584.html
Goldman’s Eccentric Couch-Surfing Trader Plans a Credit Fund

29 May 11:56 1 article

Goldman’s Eccentric Couch-Surfing Trader Plans a Credit Fund

Not many Goldman Sachs partners seek out citizenship in a tiny Caribbean island to speed through airports. Ali Meli wasn’t your typical Goldman partner.

29 May 11:56 Bloomberg 4032480120989764356.html
Australia's greenhouse gas emissions fall slightly in 2019

29 May 02:16 1 article

Australia's greenhouse gas emissions fall slightly in 2019

MELBOURNE (Reuters) - Australia’s greenhouse gas emissions fell just 0.9% in 2019 as increasing emissions from liquefied natural gas (LNG) export plants largely offset declines in the power and farm sectors, government data showed on Friday.

29 May 02:16 Reuters 8334514180439033318.html
Britain needs to start tapering its COVID furlough scheme: minister

29 May 06:32 1 article

Britain needs to start tapering its COVID furlough scheme: minister

LONDON (Reuters) - Britain cannot run its COVID-19 jobs protection scheme indefinitely and needs to start tapering it down as people slowly return to work, environment minister George Eustice said on Friday.

29 May 06:32 Reuters 8334514181829528338.html
China to restrict expansion of solar equipment producers

29 May 08:52 1 article

China to restrict expansion of solar equipment producers

BEIJING (Reuters) - China intends to impose restrictions on expansion of solar equipment production to tackle overcapacity in the industry in the face of falling domestic installations, a draft plan issued by the country’s industrial ministry showed on Friday.

29 May 08:52 Reuters 8334514180465172733.html
Crashed Pakistan A320 jet insured for $19.7 million: airline document

29 May 09:01 1 article

Crashed Pakistan A320 jet insured for $19.7 million: airline document

SYDNEY/LONDON (Reuters) - The Pakistan International Airlines (PIA) Airbus SE A320 jet that crashed into a crowded residential district of Karachi last week killing 97 people on board was insured for $19.7 million, an airline document showed.

29 May 09:01 Reuters 8334514180463444176.html
China excludes clean coal projects from list eligible for green bonds

29 May 09:49 1 article

China excludes clean coal projects from list eligible for green bonds

SHANGHAI (Reuters) - China has excluded “clean coal” from a list of projects eligible for green bonds, according to long-awaited new draft guidelines published by the central bank on Friday.

29 May 09:49 Reuters 8334514180544979672.html
Sanofi's head of vaccines leaves for smaller competitor Ipsen

29 May 10:06 1 article

Sanofi's head of vaccines leaves for smaller competitor Ipsen

PARIS (Reuters) - Sanofi’s head of vaccines David Loew will quit to become chief executive of Ipsen from July 1, the two French drugmakers said on Friday.

29 May 10:06 Reuters 8334514181080836126.html
As lockdowns ease, a Bronx nail salon plans a careful reopening

29 May 10:16 1 article

As lockdowns ease, a Bronx nail salon plans a careful reopening

(Reuters) - When Yahaira Caraballo opened her nail salon in the Bronx, New York nearly seven years ago, it was a bare-bones shop with two nail technicians.

29 May 10:16 Reuters 8334514180589514662.html
Pakistan drug firm to import potential COVID-19 treatment from Bangladesh

29 May 11:15 1 article

Pakistan drug firm to import potential COVID-19 treatment from Bangladesh

KARACHI, Pakistan (Reuters) - A pharmaceutical company in Pakistan plans to import the antiviral drug remdesivir, which has shown promise in treating coronavirus patients, from neighbouring Bangladesh, it said in a stock exchange filing on Friday.

29 May 11:15 Reuters 8334514180798830975.html
Total shareholders reject motion to boost climate credentials

29 May 11:23 1 article

Total shareholders reject motion to boost climate credentials

PARIS (Reuters) - A majority of French oil major Total’s shareholders have rejected a resolution by a group of investors aimed at changing the company’s statutes to do more to meet its obligations under the 2015 Paris climate accord.

29 May 11:23 Reuters 8334514180985557213.html
Vienna's Hotel Sacher turns suites into pop-up restaurants

29 May 11:34 1 article

Vienna's Hotel Sacher turns suites into pop-up restaurants

VIENNA (Reuters) - Secret love affairs, tricky business deals and political negotiations - Vienna’s opulent five-star Hotel Sacher has been a popular spot for delicate missions since it opened in 1876.

29 May 11:34 Reuters 8334514180067814184.html
Norway plans $369 million green industry investments

29 May 11:40 1 article

Norway plans $369 million green industry investments

OSLO (Reuters) - The Norwegian government proposes spending 3.6 billion Norwegian crowns ($369 million) on investments to make its economy greener as it gradually emerges from coronavirus lockdowns, the government said on Friday.

29 May 11:40 Reuters 8334514179907488643.html
'This Is Very Bad': SAS, Norwegian Air Post Huge Losses Amid Flights Grounded by COVID-19

29 May 05:41 1 article

'This Is Very Bad': SAS, Norwegian Air Post Huge Losses Amid Flights Grounded by COVID-19

The COVID-19 crisis has effectively stopped most international air traffic; Norwegian Air and SAS, Scandinavia's largest airlines, have been forced into bailout...

29 May 05:41 Sputniknews 967333867945995355.html
French Carmaker Renault Plans to Eliminate Nearly 15,000 Jobs Worldwide Amid Pandemic

29 May 06:01 1 article

French Carmaker Renault Plans to Eliminate Nearly 15,000 Jobs Worldwide Amid Pandemic

Earlier, French President Emmanuel Macron said that authorities intend to send 8 billion euros to support the automotive industry.

29 May 06:01 Sputniknews 967333868241438153.html
UK Business Confidence Lowest Since 2008 Despite Easing of Lockdown, Top Bank's Survey Finds

29 May 06:22 1 article

UK Business Confidence Lowest Since 2008 Despite Easing of Lockdown, Top Bank's Survey Finds

The UK government has announced a lockdown exit strategy that will allow most businesses to reopen throughout the summer, but the number of firms that anticipate laying...

29 May 06:22 Sputniknews 967333868400057564.html
'Biggest Blow Since World War II': Danish Economy Expects 5.3% Nosedive

29 May 07:24 1 article

'Biggest Blow Since World War II': Danish Economy Expects 5.3% Nosedive

In what has been described as a marathon with no single solution, the Danish economy is expeted to shrink by over $15 billion in the aftermath of the novel coronavirus...

29 May 07:24 Sputniknews 967333869125372102.html
ACT Fibernet hikes broadband rates in 8 Indian cities - here's why

29 May 08:38 1 article

ACT Fibernet hikes broadband rates in 8 Indian cities - here's why

The fiber-to-home internet service provider has announced that the hikes would range between 2 and 4% though in the case of select plans the upward revision could be higher.

29 May 08:38 TechRadar 2111116915624480776.html
Almost all firms 'forced to rethink tech priorities'

29 May 12:16 1 article

Almost all firms 'forced to rethink tech priorities'

Global pandemic triggers shift to an almost completely digital working set-up.

29 May 12:16 TechRadar 2111116914564721799.html
Tablet sales plummet despite remote working rise

29 May 12:52 1 article

Tablet sales plummet despite remote working rise

While remote working and education are on the rise, market for tablet PCs continues to shrink.

29 May 12:52 TechRadar 2111116916337554450.html
What does Tesla slashing car prices really mean for the company?

29 May 12:00 1 article

What does Tesla slashing car prices really mean for the company?

Sales of all autos, generally, tanked in the last two months

29 May 12:00 The Verge 1337119304284393611.html
Billionaire sells $70M Hamptons mansion for massive discount

29 May 00:21 1 article

Billionaire sells $70M Hamptons mansion for massive discount

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

29 May 00:21 Fox News 7362823820483752132.html
Volkswagen approves further projects in Ford alliance

29 May 00:50 1 article

Volkswagen approves further projects in Ford alliance

Volkswagen said on Thursday its supervisory board had approved further projects in its alliance with Ford .

29 May 00:50 CNA 5644198863561884587.html
Volkswagen board formally okays Ford alliance projects

29 May 00:50 1 article

Volkswagen board formally okays Ford alliance projects

Volkswagen said on Thursday its supervisory board had approved further projects in its alliance with Ford .

29 May 00:50 CNA 5644198863286801831.html
Talks on support for German car industry delayed: Bild

29 May 02:31 1 article

Talks on support for German car industry delayed: Bild

Closely-watched talks between top German politicians and car industry representatives to discuss support for a sector hit hard by the coronavirus ...

29 May 02:31 CNA 5644198863951887188.html
German auto supplier ZF Friedrichshafen to cut up to 15,000 jobs - memo

29 May 03:05 1 article

German auto supplier ZF Friedrichshafen to cut up to 15,000 jobs - memo

German car parts supplier ZF Friedrichshafen plans to reduce the workforce by up to 15,000 jobs, or around 10per cent, by 2025 as a result of a ...

29 May 03:05 CNA 5644198863236229294.html
S&P cuts Rolls-Royce credit rating to junk on COVID-19 hit

29 May 03:45 1 article

S&P cuts Rolls-Royce credit rating to junk on COVID-19 hit

Ratings agency Standard & Poor's cut engine maker Rolls-Royce's credit rating to junk on Thursday, citing the disruption caused to global air ...

29 May 03:45 CNA 5644198862721672937.html
Costco Wholesale revenue rises 7.3per cent on coronavirus-induced stockpiling

29 May 05:06 1 article

Costco Wholesale revenue rises 7.3per cent on coronavirus-induced stockpiling

Warehouse club operator Costco Wholesale Corp reported a 7.3per cent increase in quarterly revenue on Thursday, as people stocked up on ...

29 May 05:06 CNA 5644198863550609161.html
Salesforce cuts annual sales estimates on COVID-19 hit

29 May 05:06 1 article

Salesforce cuts annual sales estimates on COVID-19 hit

Salesforce.com Inc cut its annual revenue forecast on Thursday, citing the impact caused by the COVID-19 pandemic during first quarter.

29 May 05:06 CNA 5644198862725724735.html
Italy's credit agency SACE approves state guarantees for FCA US$7 billion bank loan: source

29 May 05:11 1 article

Italy's credit agency SACE approves state guarantees for FCA US$7 billion bank loan: source

The board of Italy's export credit agency SACE has approved state guarantees covering 80per cent of a 6.3 billion euro (US$7 billion) bank loan ...

29 May 05:11 CNA 5644198862801183383.html
LATAM's bankruptcy filing to delay its Brazil bailout to at least July: sources

29 May 05:11 1 article

LATAM's bankruptcy filing to delay its Brazil bailout to at least July: sources

LATAM Airlines Group's U.S. bankruptcy filing this week will delay its potential bailout in Brazil to at least July and also push back aid to its ...

29 May 05:11 CNA 5644198862263207518.html
Nordstrom sales plunge nearly 40per cent on pandemic-led store closures

29 May 05:15 1 article

Nordstrom sales plunge nearly 40per cent on pandemic-led store closures

Upscale department store chain Nordstrom Inc on Thursday reported a nearly 40per cent slump in quarterly sales, as lockdowns to contain the ...

29 May 05:15 CNA 5644198862624744586.html
ViacomCBS slashes up to 400 jobs as part of merger restructuring: source

29 May 05:20 1 article

ViacomCBS slashes up to 400 jobs as part of merger restructuring: source

ViacomCBS Inc is cutting up to 400 employees across CBS as part of its plan to save US$750 million from its merger with CBS, a source familiar ...

29 May 05:20 CNA 5644198863627556437.html
COVID-19: Retailers struggle amid uncertainties about reopening, recovery of sales

29 May 06:06 1 article

COVID-19: Retailers struggle amid uncertainties about reopening, recovery of sales

SINGAPORE: John Ng was hoping to use 2020 to get his new company StyleLab off the ground. He had taken over the distribution rights to ...

29 May 06:06 CNA 5644198862927861291.html
Commentary: Embattled China knows its national priority is the economy

29 May 06:12 1 article

Commentary: Embattled China knows its national priority is the economy

Notwithstanding controversy over a Hong Kong security law and brewing tensions with the US, proceedings at the National People’s Congress and ...

29 May 06:12 CNA 5644198863821801283.html
GM to increase North America vehicle production

29 May 06:40 1 article

GM to increase North America vehicle production

General Motors said on Thursday it would start increasing vehicle production in North America from next week to meet rising demand.

29 May 06:40 CNA 5644198863571467416.html
Sainsbury's new boss Roberts faces unexpected in-tray

29 May 07:15 1 article

Sainsbury's new boss Roberts faces unexpected in-tray

When Sainsbury's new boss Simon Roberts hosts a virtual focus group with supermarket shoppers on his first day in charge on Monday, the ...

29 May 07:15 CNA 5644198864114016770.html
California regulator approves PG&E's Chapter 11 reorganization plan

29 May 07:30 1 article

California regulator approves PG&E's Chapter 11 reorganization plan

Power regulator California Public Utilities Commission (CPUC) has approved PG&E Corp's Chapter 11 reorganization plan, the San Francisco-based ...

29 May 07:30 CNA 5644198862864188022.html
COVID-19 impact: Get ready for a 15-20% cut in salary offers in UAE

29 May 03:41 1 article

COVID-19 impact: Get ready for a 15-20% cut in salary offers in UAE

Businesses in the UAE are definitely not in a generous mood when it comes to hiring

29 May 03:41 Gulf News 2086521543855337835.html
Let’s speed up digital change at banks

29 May 04:00 1 article

Let’s speed up digital change at banks

There is space available for digital-enabled SME-focused entities to make headway

29 May 04:00 Gulf News 2086521544144482516.html
UAE job hires - Tech skills are the most wanted

29 May 04:52 1 article

UAE job hires - Tech skills are the most wanted

But mid- to senior management positions are worst hit in this downturn, and more to come

29 May 04:52 Gulf News 2086521544070341084.html
India's Wipro names new CEO; Thierry Delaporte to take over July 6

29 May 05:21 1 article

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

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

29 May 05:21 Gulf News 2086521543999459969.html
The wealthy will be on governments' radars in COVID-19 response

29 May 05:31 1 article

The wealthy will be on governments' radars in COVID-19 response

Taxes will be an obvious route for governments, and so will appropriation, says Citi

29 May 05:31 Gulf News 2086521545345756627.html
New York gold traders are drowning in a glut they helped create

29 May 11:12 1 article

New York gold traders are drowning in a glut they helped create

Shutdowns strangle supply routes that allow physical bullion to move around the globe

29 May 11:12 Gulf News 2086521545054567926.html
HEC Paris in Qatar to run online information session

29 May 10:41 1 article

HEC Paris in Qatar to run online information session

HEC Paris, will be running an online information session about its degree programs on Wednesday, June 3, from 4pm to 5pm, Qatar time. During this session, prospective participants can meet HEC Paris in Qatar admissions team remotely to learn more about accelerating their career path by studying in one of the world’s most prestigious business schools.

29 May 10:41 The Peninsula 1202843881613336609.html
Federal Reserve adds just $1bn of new corporate debt to balance sheet

29 May 01:08 1 article

Federal Reserve adds just $1bn of new corporate debt to balance sheet

Only modest use made of US central bank’s emergency lending facilities in the past week

29 May 01:08 Ft 707176889485937234.html
UK economy shows early signs of improvement from lockdown low | Free to read

29 May 03:00 1 article

UK economy shows early signs of improvement from lockdown low | Free to read

Five indicators benefit from easing of restrictions amid overall depressed activity

29 May 03:00 Ft 707176889840155974.html
US money market funds waive fees to stave off negative returns

29 May 03:00 1 article

US money market funds waive fees to stave off negative returns

Decline in yields on short-term debt prompts action from asset managers

29 May 03:00 Ft 707176889150166290.html
Will London’s newest skyscraper become a monument to the market peak?

29 May 04:00 1 article

Will London’s newest skyscraper become a monument to the market peak?

Demand across the sector has plummeted as businesses look to cut costs and rethink how staff work

29 May 04:00 Ft 707176889969711426.html
Big food brands sidestep retailers in pandemic

29 May 04:00 1 article

Big food brands sidestep retailers in pandemic

Kraft Heinz and PepsiCo become latest groups to sell online, but can direct delivery take off?

29 May 04:00 Ft 707176888924606212.html
BBVA calls for easing of coronavirus restrictions

29 May 04:00 1 article

BBVA calls for easing of coronavirus restrictions

Spanish bank’s chairman Carlos Torres says move is needed to kick-start economy

29 May 04:00 Ft 707176887978124562.html
UK’s Project Birch revives age-old problem of ‘picking winners’

29 May 11:58 1 article

UK’s Project Birch revives age-old problem of ‘picking winners’

State aid policy must stand on its own merits and not be muddled up with Covid-19

29 May 11:58 Ft 707176889591263189.html
Crude has best month on record in May as prices surge 88 per cent

29 May 08:00 1 article

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

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

29 May 08:00 CTVNews 2422791597135341129.html
Canopy Growth reports $1.3B fourth-quarter loss, hits reset on strategic focus

29 May 12:27 1 article

Canopy Growth reports $1.3B fourth-quarter loss, hits reset on strategic focus

Canopy Growth Corp. is rethinking its first-to-every-market strategy after reporting a $1.3-billion loss in its fourth quarter.

29 May 12:27 CTVNews 2422791597603956903.html
Covid-19 problem requires global solution: PM

29 May 06:31 1 article

Covid-19 problem requires global solution: PM

Addressing a world event online, Imran shares his vision on possible ways to address debt issue, financial challenges facing developing countries.

29 May 06:31 DAWN.COM 4500271766681276955.html
The TV commercial, once advertising’s main event, suffers in the pandemic

29 May 01:48 1 article

The TV commercial, once advertising’s main event, suffers in the pandemic

Before the coronavirus pandemic, the TV networks were expecting a strong 2020. The presidential election and Tokyo Olympics would keep people watching, and companies would spend more than usual on commercial time.

29 May 01:48 Bdnews24 8119004130258470714.html
Millions relying on pandemic aid can see its end, and they’re scared

29 May 06:33 1 article

Millions relying on pandemic aid can see its end, and they’re scared

For millions of Americans left out of work by the coronavirus pandemic, government assistance has been a lifeline preventing a plunge into poverty, hunger and financial ruin.

29 May 06:33 Bdnews24 8119004129788216544.html
Wooden furniture manufacturers face liquidity problems amid COVID-19 crisis - VietNamNet

29 May 05:00 1 article

Wooden furniture manufacturers face liquidity problems amid COVID-19 crisis - VietNamNet

Vietnam’s wooden furniture industry was expected to have a prosperous year in 2020 after the US-China trade war broke out in 2019. But hopes have been dashed by Covid-19.

29 May 05:00 VietNamNet 1879169834756806707.html
VN corporate bond market turns gloomy because of Covid-19 - VietNamNet

29 May 09:00 1 article

VN corporate bond market turns gloomy because of Covid-19 - VietNamNet

The primary supply of corporate bonds has dropped sharply as the epidemic has upset enterprises’ business plans. Many have postponed bond issuance plans.

29 May 09:00 VietNamNet 1879169835562736293.html
Coronavirus crisis crippling debt-heavy Serta Simmons

29 May 01:51 1 article

Coronavirus crisis crippling debt-heavy Serta Simmons

The nation’s biggest mattress maker is in danger of becoming a coronavirus casualty this summer — and it’s the company’s private-equity owners that have made it vulnerable. Serta Simmons — a

29 May 01:51 New York Post 7654946768692718437.html
Hawaii governor to extend traveler quarantine past June

29 May 05:04 1 article

Hawaii governor to extend traveler quarantine past June

HONOLULU — Hawaii Gov. David Ige on Thursday said he would extend the state’s 14-day quarantine requirement for travelers arriving in the state beyond June 30. The state mandated the quarantine

29 May 05:04 New York Post 7654946768823202386.html
SEC de-registers 84 inactive stockbrokers, outlines Uduk’s scorecard

29 May 02:55 1 article

SEC de-registers 84 inactive stockbrokers, outlines Uduk’s scorecard

The outgoing Acting Director-General of the Securities and Exchange Commission (SEC), Ms Mary Uduk, yesterday, presented her

29 May 02:55 Vanguard News 4125100339001781849.html
Transport fare rises despite drop in petrol price in April

29 May 02:55 1 article

Transport fare rises despite drop in petrol price in April

The price paid by passengers  for bus, motorcycle and water way journeys rose despite  the decline in the petrol price in April.

29 May 02:55 Vanguard News 4125100339352999706.html
Group faults removal of Mohammed as TCN MD

29 May 02:57 1 article

Group faults removal of Mohammed as TCN MD

Nigerian Power Consumers Forum (NPCF) has faulted the removal of Mr Usman Gur Mohammed as the Managing Director, Transmis

29 May 02:57 Vanguard News 4125100339546295899.html
COVID-19 shock on Nigeria, multiple ― Buhari

29 May 04:16 1 article

COVID-19 shock on Nigeria, multiple ― Buhari

President Muhammadu Buhari on Thursday said that the shocks of the ravaging COVID-19 pandemic on Nigeria especially on its economy.

29 May 04:16 Vanguard News 4125100340331048775.html
Budget 2020: FG in fresh bid to borrow N5.51trn

29 May 05:00 1 article

Budget 2020: FG in fresh bid to borrow N5.51trn

THE Federal government has asked the National Assembly to approve a total of N5.51 trillion external borrowing to fund its 2020 budget

29 May 05:00 Vanguard News 4125100339445154017.html
Stanbic IBTC Holdings celebrates digital graduate trainees

29 May 07:27 1 article

Stanbic IBTC Holdings celebrates digital graduate trainees

Stanbic IBTC Group recently held its first-ever digital graduation ceremony in honour of the 17th Stream of Graduate Trainees who.

29 May 07:27 Vanguard News 4125100338982393232.html
Fifty unsold cargoes of Nigeria’s oil await buyers in global market

29 May 08:28 1 article

Fifty unsold cargoes of Nigeria’s oil await buyers in global market

The global oil market remains dull as 50 unsold cargoes of Nigeria’s Bonny Light await buyers, indicating that the volatile market

29 May 08:28 Vanguard News 4125100339101082734.html
SPECIAL REPORT: FG allocates N4.1 trillion to health in 21 years

29 May 08:37 1 article

SPECIAL REPORT: FG allocates N4.1 trillion to health in 21 years

SINCE 1999, Federal Government’s allocation to the health sector has been abysmal. In the last 21 years, the Federal Government has

29 May 08:37 Vanguard News 4125100339044110535.html
[ICYMI] Obasanjo writes former African presidents, rallies support for AfDB’s Adesina

29 May 08:41 1 article

[ICYMI] Obasanjo writes former African presidents, rallies support for AfDB’s Adesina

Former President of Nigeria, Olusegun Obasanjo, has called on former African presidents to support President of AfDB, Dr Akinwumi Adesina,

29 May 08:41 Vanguard News 4125100339450265966.html
SPECIAL REPORT: BUHARINOMICS, FIVE YEARS AFTER: Diversification agenda falters, gropes for traction

29 May 08:42 1 article

SPECIAL REPORT: BUHARINOMICS, FIVE YEARS AFTER: Diversification agenda falters, gropes for traction

THE Federal Government’s main economic strategy is anchored on diversification of the economic base away from oil dependency.

29 May 08:42 Vanguard News 4125100338952032424.html
SPECIAL REPORT: Oil prices volatility deflates Nigeria’s GDP

29 May 08:48 1 article

SPECIAL REPORT: Oil prices volatility deflates Nigeria’s GDP

THE Nigerian economy has been facing challenges for the past five years following its over dependence on oil as a major source

29 May 08:48 Vanguard News 4125100338924089083.html
SPECIAL REPORT: FOREX: Dynamic instability amidst CBN’s interventions

29 May 08:58 1 article

SPECIAL REPORT: FOREX: Dynamic instability amidst CBN’s interventions

NIGERIA’S foreign exchange market under the five years of the Muhammadu Buhari Presidency is characterised by two bouts of naira

29 May 08:58 Vanguard News 4125100340673227826.html
10,000 farmers to benefit from World Bank-assisted project in Lagos

29 May 12:02 1 article

10,000 farmers to benefit from World Bank-assisted project in Lagos

No fewer than 10,000 farmers in Lagos State are to benefit from the World Bank-assisted agricultural scheme, under the APPEALS, project.

29 May 12:02 Vanguard News 4125100340390419492.html
Cash crunch: Telangana extends deferment of 50% salary to May

29 May 01:05 1 article

Cash crunch: Telangana extends deferment of 50% salary to May

Odisha says March order not reversed yet; despite liquidity support by the Centre, many states continue salary deferments

29 May 01:05 The Financial Express 1288289579970380676.html
FSDC meet: Govt, regulators to step in with more liquidity measures

29 May 01:08 1 article

FSDC meet: Govt, regulators to step in with more liquidity measures

Both the Centre and the regulators have stepped up focus on “avoiding a prolonged period of dislocation in financial markets”, the council added.

29 May 01:08 The Financial Express 1288289580098261685.html
Lack of adequate funds, labour among challenges faced by projects in India: Survey

29 May 01:39 1 article

Lack of adequate funds, labour among challenges faced by projects in India: Survey

Promoters in the Indian projects fraternity find getting adequate funds at reasonable interest, finding labourers matching the skills of those who have left for their hometown.

29 May 01:39 The Financial Express 1288289580014903525.html
Banks’ asset quality ratios may worsen up to 600 bps: Fitch

29 May 01:40 1 article

Banks’ asset quality ratios may worsen up to 600 bps: Fitch

The report added that while secured loans such as home and auto are relatively more resilient, they will not be isolated from stress as unemployment rises.

29 May 01:40 The Financial Express 1288289580447860181.html
Facebook’s investment in Reliance Industries not surprising: Brett Biggs, CFO, Walmart

29 May 01:43 1 article

Facebook’s investment in Reliance Industries not surprising: Brett Biggs, CFO, Walmart

Walmart-controlled Flipkart and Amazon jointly hold 80% of the country’s e-commerce sector at present.

29 May 01:43 The Financial Express 1288289580577872428.html
FPIs sell over $2.6 billion of Indian bonds in May

29 May 01:48 1 article

FPIs sell over $2.6 billion of Indian bonds in May

India witnessed the highest FPI outflow from bonds among Asian peers this year followed by Indonesia that saw an outflow of $7.9 billion.

29 May 01:48 The Financial Express 1288289579536593755.html
Franklin Templeton to soon start e-voting process for winding up six debt schemes

29 May 01:49 1 article

Franklin Templeton to soon start e-voting process for winding up six debt schemes

Sources in the mutual fund industry say that Trustees of Franklin Templeton MF will start sending notices to investors on the voting process and unit holders’ meeting in the next two-three days.

29 May 01:49 The Financial Express 1288289580907297067.html
Spykar Lifestyles makes a return to the new normal; resumes operation in 37 stores

29 May 07:03 1 article

Spykar Lifestyles makes a return to the new normal; resumes operation in 37 stores

The company which in all runs 350 stores across the country, claims to have got 45-55% of its business back

29 May 07:03 The Financial Express 1288289580926213860.html
Capital flows running out of steam as DIIs taper after FPIs

29 May 07:40 1 article

Capital flows running out of steam as DIIs taper after FPIs

After some relief was seen in April when the pace of FPI selling eased as central banks across the world announced stimulus packages, both local and foreign investors seem to have run out of steam.

29 May 07:40 The Financial Express 1288289579854273315.html
London-based Anish Kapoor tops Hurun India Art List, with Rs 44.39-crore sales in 2019

29 May 07:57 1 article

London-based Anish Kapoor tops Hurun India Art List, with Rs 44.39-crore sales in 2019

The list is a ranking of the top 50 Indian artists alive today, based on the sales of their works at public auction in the year ended December 31, 2019.

29 May 07:57 The Financial Express 1288289581113243939.html
BookMyShow cost-cutting to hit 270 employees

29 May 09:00 1 article

BookMyShow cost-cutting to hit 270 employees

Members of the workforce who have been put on furlough will continue to remain employed with the company and will be eligible for all medical insurance, gratuity and other benefits.

29 May 09:00 The Financial Express 1288289580562962985.html
Stocks in focus: Vodafone Idea, RIL, Yes Bank, Voltas, Bank of India to remain in action

29 May 09:00 1 article

Stocks in focus: Vodafone Idea, RIL, Yes Bank, Voltas, Bank of India to remain in action

KEC, Lemon Tree, Equitas Holdings, Jubilant Life Sciences, Procter & Gamble Healthcare, Voltas, Dilip Buildcon and V-Mart Retail are among 31 companies which are scheduled to announce their March quarter earnings today.

29 May 09:00 The Financial Express 1288289580548996909.html
Uttar Pradesh clocks highest ever sugar production

29 May 09:23 1 article

Uttar Pradesh clocks highest ever sugar production

The increase in UP’s production is significant when seen in the national context, which has posted a 19% decline in production from 32.61 million tonne to 26.36 million tonne till May 15.

29 May 09:23 The Financial Express 1288289581350721655.html
Champagne sales dip as world goes into warlike depression amid coronavirus

29 May 10:05 1 article

Champagne sales dip as world goes into warlike depression amid coronavirus

Global champagne sales are forecast to slump by a third, or 100 million bottles, this year as the coronavirus crisis shuts bars and restaurants worldwide and hammers economies. 

29 May 10:05 The Financial Express 1288289580282036656.html
Tax Deducted at Source: Quarterly payment of TDS could be a ‘Saviour’ for taxpayers in Corona crisis

29 May 10:47 1 article

Tax Deducted at Source: Quarterly payment of TDS could be a ‘Saviour’ for taxpayers in Corona crisis

It is hoped that the Income Tax Department will be empathetic to the problems faced by taxpayers and a pragmatic view shall be taken to allow taxpayers to make the quarterly payment of TDS under Rule 30(3).

29 May 10:47 The Financial Express 1288289579710552737.html
With rooms, flights going empty, here’s how airlines and hotels are making money

29 May 10:55 1 article

With rooms, flights going empty, here’s how airlines and hotels are making money

Two of the worst hit sectors due to coronavirus -- aviation and hotel industries -- are eyeing alternate revenue streams as lockdown dries up revenues.

29 May 10:55 The Financial Express 1288289579963349779.html
Modi’s Rs 21 lakh cr package not enough; industry says govt needs to do this for companies to survive

29 May 11:29 1 article

Modi’s Rs 21 lakh cr package not enough; industry says govt needs to do this for companies to survive

Given the major disruptions caused by the coronavirus pandemic, the industry has asked for increased government spending, direct cash transfers to consumers, and deferment of taxes.

29 May 11:29 The Financial Express 1288289580943827239.html
Coal India share price up 10% in 5 days; a stock to bet on as India’s power demand gets back on track?

29 May 12:55 1 article

Coal India share price up 10% in 5 days; a stock to bet on as India’s power demand gets back on track?

A heatwave spreading across north India and the steady resumption of economic activity has caused a sharp spike in the country’s energy consumption, with this Coal India’s share price has also surged 10% in the last five days.

29 May 12:55 The Financial Express 1288289580031947853.html
Japan bankruptcies seen rising to seven-year high amid pandemic

29 May 03:29 1 article

Japan bankruptcies seen rising to seven-year high amid pandemic

A global economic slowdown triggered by the COVID-19 pandemic is causing companies to go out of business around the world.

29 May 03:29 The Japan Times 6673764366784075809.html
Nissan falls behind rivals in industry's critical transitional period

29 May 05:48 1 article

Nissan falls behind rivals in industry's critical transitional period

Nissan Motor Co.'s business downturn may be causing a costly delay in the global race toward new mobility technologies, analysts say.

29 May 05:48 The Japan Times 6673764367436547863.html
Japan is going for broke, minus the broke part

29 May 10:00 1 article

Japan is going for broke, minus the broke part

The prospect of monetary and fiscal coordination means this stimulus bill will get paid. But central bank independence is also on the line.

29 May 10:00 The Japan Times 6673764366963021295.html
Consumer confidence up for first time in five months in Japan

29 May 11:49 1 article

Consumer confidence up for first time in five months in Japan

The figure is the second-lowest since April 2004 and lower than the 27.5 posted in January 2009 during the global financial crisis.

29 May 11:49 The Japan Times 6673764367442748289.html
Amid lockdown, BBMP nets Rs 1,028 crore in property tax

29 May 00:36 1 article

Amid lockdown, BBMP nets Rs 1,028 crore in property tax

The BMMP has collected Rs 1,028 crore property tax in the first two months of the financial year 2020-21, reaching 42% of its target amidst the lockdown.

29 May 00:36 Deccan Herald 2027555797581478354.html
Renault to cut 15,000 jobs worldwide, including 4,600 in France: Sources

29 May 07:44 1 article

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

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

29 May 07:44 Deccan Herald 2027555797721716978.html
Coles partners with Flybuys to launch Flypay | ZDNet

29 May 00:12 1 article

Coles partners with Flybuys to launch Flypay | ZDNet

A payment platform giving online shoppers the chance to pay and collect Flybuys points at the same time.

29 May 00:12 ZDNet 591556592142124958.html
Singapore to establish AI framework for 'fairness' credit scoring metrics | ZDNet

29 May 05:46 1 article

Singapore to establish AI framework for 'fairness' credit scoring metrics | ZDNet

Monetary Authority of Singapore tasks two teams, comprising banks and artificial intelligence industry players, to develop metrics that ensure the "responsible use of AI" for credit risk scoring and customer marketing.

29 May 05:46 ZDNet 591556592162654454.html
Softbank-backed Coupang becomes central to new South Korean COVID-19 outbreak | ZDNet

29 May 09:26 1 article

Softbank-backed Coupang becomes central to new South Korean COVID-19 outbreak | ZDNet

Over 100 new cases have been linked to Coupang facilities.

29 May 09:26 ZDNet 591556592049827281.html
Salesforce CEO Benioff: 'In a moment of crisis, you need to invest through it' | ZDNet

29 May 10:00 1 article

Salesforce CEO Benioff: 'In a moment of crisis, you need to invest through it' | ZDNet

Work.com is an example of investing in a downturn and now Salesforce.com aims to broaden its reach as a digital transformation engine.

29 May 10:00 ZDNet 591556593272245306.html
The close: TSX ends lower, crude has best month on record

29 May 08:53 1 article

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

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

29 May 08:53 The Globe and Mail 68426410920224595.html
Ottawa working with U.S consulting firm on early planning for economic recovery

29 May 10:00 1 article

Ottawa working with U.S consulting firm on early planning for economic recovery

Canadian representatives of the Boston Consulting Group met with roughly eight of Trudeau’s ministers, as part of a broader advisory role the U.S.-based consultancy is serving on an unpaid basis

29 May 10:00 The Globe and Mail 68426411494249656.html
Ottawa’s increase to the expected cost of emergency relief program indicates more workers will remain unemployed

29 May 10:00 1 article

Ottawa’s increase to the expected cost of emergency relief program indicates more workers will remain unemployed

The delayed launch of the wage subsidy program, combined with restrictions and complexities in the application criteria, contributed to employers’ reluctance to make use of the initiative

29 May 10:00 The Globe and Mail 68426410960510983.html
Canopy posts $1.3-billion loss on impairment and restructuring charges; shares tumble

29 May 11:20 1 article

Canopy posts $1.3-billion loss on impairment and restructuring charges; shares tumble

Ontario-based Canopy Growth’s net loss attributable to the company widened to $1.30 billion, or $3.72 per share, in the quarter ended March 31, from $379.5 million, or $1.10 per share, a year ago

29 May 11:20 The Globe and Mail 68426410471618137.html
Citi indicator sees 70% chance of market losses from here

29 May 11:44 1 article

Citi indicator sees 70% chance of market losses from here

Daily roundup of research and analysis from The Globe and Mail’s market strategist Scott Barlow

29 May 11:44 The Globe and Mail 68426411743481173.html
Friday’s small-cap stocks to watch

29 May 11:53 1 article

Friday’s small-cap stocks to watch

Our roundup of Canadian small-caps making news and on the move today

29 May 11:53 The Globe and Mail 68426410700191826.html
Nissan settles dispute with Tamil Nadu over unpaid dues, damages; begins process to withdraw international arbitration: Report

29 May 02:10 1 article

Nissan settles dispute with Tamil Nadu over unpaid dues, damages; begins process to withdraw international arbitration: Report

The dispute arose after Nissan said Tamil Nadu hadn’t paid certain incentives under a 2008 agreement to set up a car plant in the southern state.

29 May 02:10 Firstpost 4760741711848781518.html
Income tax dept revises Form 26AS; now includes real estate, share transaction details

29 May 02:55 1 article

Income tax dept revises Form 26AS; now includes real estate, share transaction details

It will also assist the taxpayers to identify and take corrective action, in case any incorrect information/ detail is reported in Form 26AS

29 May 02:55 Business Today 1145527431544834329.html
Appliance, garment manufacturers, restaurants to be worst-impacted in FY21: CRISIL

29 May 03:46 1 article

Appliance, garment manufacturers, restaurants to be worst-impacted in FY21: CRISIL

Coronavirus impact: E-tail, according to the report will be an exception as e-grocers such as BigBasket and Grofers, online marketplaces such as Amazon and Flipkart have seen a surge in demand and delivering essential items

29 May 03:46 Business Today 1145527431741539298.html
Sensex, Nifty stuck in coronavirus storm; should investors expect profit in 2020?

29 May 04:26 1 article

Sensex, Nifty stuck in coronavirus storm; should investors expect profit in 2020?

It seems investors are sitting on boundaries in a wait-and-watch mode and traders are reaping gains from the volatility cycle in which the benchmark indices are stuck.

29 May 04:26 Business Today 1145527432338065524.html
Are low-interest rates making you jittery? Consider P2P lending

29 May 04:45 1 article

Are low-interest rates making you jittery? Consider P2P lending

Falling interest rate amid coronavirus crisis has impacted income of many investors who depended on debt instruments; those with surplus cash can consider peer-to-peer lending, which is attracting increasing interest from people willing to lend to those in need of short-term financing -- whether individuals or small businesses

29 May 04:45 Business Today 1145527431449211863.html
India Q4 GDP data to be out today: Brokerages expect growth to reflect COVID-19 pain

29 May 05:02 1 article

India Q4 GDP data to be out today: Brokerages expect growth to reflect COVID-19 pain

Lockdown that began in last seven days of March is expected to have taken a toll on economic growth; economy is likely to have entered a recessionary phase with some agencies even estimating a contraction of over 5 per cent in FY21

29 May 05:02 Business Today 1145527431870800492.html
Coronavirus impact: Govt needs to act before COVID-19 slaughters the Rs 1 lakh crore Indian poultry industry

29 May 05:24 1 article

Coronavirus impact: Govt needs to act before COVID-19 slaughters the Rs 1 lakh crore Indian poultry industry

Poultry industry supports over 25 million farmers and employs over five million directly and indirectly in allied fields

29 May 05:24 Business Today 1145527430944449471.html
Kia Motors to invest additional $54 million in Andhra plant despite COVID-19 pandemic

29 May 05:40 1 article

Kia Motors to invest additional $54 million in Andhra plant despite COVID-19 pandemic

Kia had earlier said the company has a long-term commitment to the Indian market and invested USD 1.1 billion in the manufacturing plant at Anantapur

29 May 05:40 Business Today 1145527432023864441.html
India's lockdown strictest; economic impact to be deeper than other countries: Jefferies

29 May 07:42 1 article

India's lockdown strictest; economic impact to be deeper than other countries: Jefferies

A US investment bank report says India's detection rates have also climbed lately and doubling rate has plateaued at ~13-day level; medical infra is now getting stretched in certain cities, with hospitals at 100 per cent plus capacity utilisation in Mumbai, says report

29 May 07:42 Business Today 1145527432168346761.html
No need to feel threatened by e-commerce firms: Goyal tells traders

29 May 09:57 1 article

No need to feel threatened by e-commerce firms: Goyal tells traders

Lockdown 5.0: Union Commerce Minister also stated the Aatmanirbhar Bharat package that provided credit guarantee worth Rs 3 lakh crore for MSMEs also included traders

29 May 09:57 Business Today 1145527430690098165.html
Credit guarantee scheme: No immediate 100% payments to banks if MSMEs default

29 May 11:37 1 article

Credit guarantee scheme: No immediate 100% payments to banks if MSMEs default

On the face of it, the guarantee scheme is a great deal for banks as there is no risk of losing money. But in reality, it is going to be a tough task for banks to get the full guaranteed amount from the guarantee corporation

29 May 11:37 Business Today 1145527431859714419.html
Tesla CEO Musk earns incentive payout worth $775 million in first tranche

29 May 11:50 1 article

Tesla CEO Musk earns incentive payout worth $775 million in first tranche

The compensation plan, approved by shareholders in 2018, consists of 20.3 million stock option awards broken up into 12 tranches of 1.69 million shares

29 May 11:50 Business Today 1145527431722943102.html
TV Ratings: 'Millionaire,' ABC Game Shows Top Thursday

29 May 09:03 1 article

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

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

29 May 09:03 The Hollywood Reporter 121801342884842787.html
Bandi Sanjay writes to Sitharaman to relax loans interest for MSMEs

29 May 00:00 1 article

Bandi Sanjay writes to Sitharaman to relax loans interest for MSMEs

Telangana BJP chief Bandi Sanjay Kumar urged FM Nirmala Sitharaman to consider relaxation of interest on loans for MSME)for a six month period.

29 May 00:00 Telangana Today 8182025568375867612.html
Creating infra worth Rs 2,209 cr in industrial parks: TSIIC Chairman

29 May 00:00 1 article

Creating infra worth Rs 2,209 cr in industrial parks: TSIIC Chairman

TSIIC Chairman Gyadari Balamallu said the State government was developing world class infrastructure worth Rs 2,209 crore in all industrial parks in the State.

29 May 00:00 Telangana Today 8182025567657214137.html
India’s oil import bill falls 10 per cent in FY 20

29 May 00:00 1 article

India’s oil import bill falls 10 per cent in FY 20

At least in the oil sector, the global health emergency posed by the spread of the novel coronavirus has come to the country's advantage.

29 May 00:00 Telangana Today 8182025566780085194.html
Nearly half of Apple retail stores now open globally

29 May 00:00 1 article

Nearly half of Apple retail stores now open globally

Apple has managed to reopen nearly 256 retail stores out of more than 500 worldwide, as it aims to safely restart operations.

29 May 00:00 Telangana Today 8182025566704726317.html
Lakme Fashion Week to launch ‘Virtual Showroom’

29 May 00:00 1 article

Lakme Fashion Week to launch ‘Virtual Showroom’

Lakme Fashion Week has announced the launch of a 'Virtual Showroom' with an aim to support designers, artisans and the business of fashion

29 May 00:00 Telangana Today 8182025566587411465.html
Unprecedented unemployment

29 May 00:00 1 article

Unprecedented unemployment

One in every four Indians is unemployed now. The coronavirus-induced lockdown for the longest period in the world has triggered job losses

29 May 00:00 Telangana Today 8182025566558296855.html
FDI to drop, Michael Smurfit interview and a ‘welfare mentality’ towards SMEs

29 May 05:30 1 article

FDI to drop, Michael Smurfit interview and a ‘welfare mentality’ towards SMEs

Business Today: the best news, analysis and comment from The Irish Times business desk

29 May 05:30 The Irish Times 8204772969337537120.html
Wellness company to create 100 jobs with Cork City plant

29 May 06:34 1 article

Wellness company to create 100 jobs with Cork City plant

Doterra’s European manufacturing HQ will be located in the northern suburbs of the city

29 May 06:34 The Irish Times 8204772967383249239.html
Paddy Power Betfair owner raises €904m in share sale

29 May 06:59 1 article

Paddy Power Betfair owner raises €904m in share sale

Flutter seeks to cut debt burden after merging with Canadian rival the Stars Group

29 May 06:59 The Irish Times 8204772968756872413.html
Ardagh to repay debt as it raises $715m in bond sale

29 May 07:36 1 article

Ardagh to repay debt as it raises $715m in bond sale

Glass and metal container group led by Paul Coulsen operates facilities in 12 countries

29 May 07:36 The Irish Times 8204772968903832020.html
‘The recovery needs to be a full-scale economic renewal’

29 May 08:28 1 article

‘The recovery needs to be a full-scale economic renewal’

Top economist Mariana Mazzucato on ‘doing economics differently’ in a post-Covid-19 world

29 May 08:28 The Irish Times 8204772967908148798.html
This spring has been driest on record in Leinster

29 May 08:28 1 article

This spring has been driest on record in Leinster

Bank holiday set to be ‘amazing weekend’ of ‘very pleasant weather’ with highs of 25 degrees

29 May 08:28 The Irish Times 8204772969119868156.html
Iput secures €200m in ‘green finance’ for delivery of new LinkedIn HQ

29 May 11:15 1 article

Iput secures €200m in ‘green finance’ for delivery of new LinkedIn HQ

Funds form part of €300m revolving credit facility agreed with Wells Fargo Bank

29 May 11:15 The Irish Times 8204772969274626417.html
Day Trading Guide for May 29, 2020

29 May 00:06 1 article

Day Trading Guide for May 29, 2020

₹945 • HDFC Bank S1S2R1R2COMMENT 930913960975 Make use of intra-day dips to buy the stock while retaining a stop-loss at ₹930 levels ₹707 • Infosys S1S2R1R2COMMENT 695685715725 Initiate fresh long

29 May 00:06 BusinessLine 5283600523839614.html
Rupee: Go long above 75.6

29 May 08:30 1 article

Rupee: Go long above 75.6

The rupee (INR) has opened the session marginally higher at 75.7 compared to Thursday’s close of 75.76 against the dollar (USD). But it continues to stay within the range 75.6 and 76.If the rupee gain

29 May 08:30 BusinessLine 5283600944703826.html
Nifty 50 June Futures (9,404)

29 May 08:33 1 article

Nifty 50 June Futures (9,404)

The Indian benchmark indices i.e. the Nifty spot and the Sensex spot indices are trading with a downward bias. The Nifty spot is down by 0.2 per cent whereas the Sensex spot is down by 0.4 per cent. A

29 May 08:33 BusinessLine 5283600441081718.html
Lockdown 4.0: Parents stock up on kidswear with easing of norms

29 May 08:36 1 article

Lockdown 4.0: Parents stock up on kidswear with easing of norms

A Delhi-based couple blessed with a newborn in April had a harrowing time. With the baby's birth coinciding with the unexpected nationwide lockdown, they had to resort to borrowing clothes from fr

29 May 08:36 BusinessLine 5283601238843284.html
Video | Cement companies report concrete gains despite weak volumes in Q4

29 May 08:38 1 article

Video | Cement companies report concrete gains despite weak volumes in Q4

Firms reported a surge in EBITDA per tonne in Q4, thanks to higher realisations and savings on energy and logistics costs

29 May 08:38 BusinessLine 5283601367059212.html
RBI fines Karnataka Bank

29 May 09:12 1 article

RBI fines Karnataka Bank

Karnataka Bank has informed the stock exchanges that Reserve Bank of India (RBI) has imposed a monetary penalty of ₹1.20 crore on it for divergence in respect of non-performing assets (NPAs) and non-a

29 May 09:12 BusinessLine 5283602026889816.html
Tech spends in India to hit a 10-year low in 2020: Forrester

29 May 09:14 1 article

Tech spends in India to hit a 10-year low in 2020: Forrester

In 2020, India will have the slowest tech spending growth in at least a decade on account of sharp economic disruption due to the Covid-19 pandemic, according to a new report by market research firm F

29 May 09:14 BusinessLine 5283601692188326.html
ITC launches fruits and vegetable cleaning product

29 May 09:22 1 article

ITC launches fruits and vegetable cleaning product

As consumers step up focus on enhanced hygiene practices, ITC has launched NimWash vegetable and fruit wash. The company said the product has neem and citrus food extracts and has been specially desig

29 May 09:22 BusinessLine 5283600495508819.html
Adani Power’s subsidiary signs PPA with MMPCL

29 May 09:54 1 article

Adani Power’s subsidiary signs PPA with MMPCL

Adani Power's wholly owned subsidiary Pench Thermal Energy (MP) has signed a Power Purchase Agreement (PPA) with Madhya Pradesh Power Management Company Limited (MPPMCL).Pench Thermal, formerly kn

29 May 09:54 BusinessLine 5283600748712241.html
We need to plan for the next round of NPAs

29 May 10:19 1 article

We need to plan for the next round of NPAs

The RBI should draw up guidelines on rolling back rules on moratorium and NPA classification. Banks and NBFCs need financing so they are not held in suspension over debt servicing

29 May 10:19 BusinessLine 5283601533274248.html
For Yamaha, WFH has ‘no connection with distraction’

29 May 10:26 1 article

For Yamaha, WFH has ‘no connection with distraction’

It has been a huge learning for everyone, says two-wheeler giant’s India head Motofumi Shitara

29 May 10:26 BusinessLine 5283600583458466.html
Alphonso mango farmers shun middlemen; relish sweet taste of self-reliance

29 May 10:40 1 article

Alphonso mango farmers shun middlemen; relish sweet taste of self-reliance

Despite the lockdown, this year, mango farmers in the Konkan region of Maharashtra reaped handsome gains. Breaking from the past practice of selling their produce to middlemen, they sold their produce

29 May 10:40 BusinessLine 5283600939733493.html
BharatPe’s card-accepting machinewith zero MDR may go live in June

29 May 11:03 1 article

BharatPe’s card-accepting machinewith zero MDR may go live in June

Merchant payment and lending network company BharatPe is working on a card-accepting machine with zero MDR, which is likely to go live by next month. “BharatSwipe will be our card machine. It will be

29 May 11:03 BusinessLine 5283600425392347.html
Heralding a new era for agriculture

29 May 11:22 1 article

Heralding a new era for agriculture

While the recent reform steps and stimulus package for agriculture will go a long way in boosting farmers’ income, price volatility in perishables continues to be a challenge

29 May 11:22 BusinessLine 5283600858289205.html
AUD/JPY Price Analysis: Depressed above 71.00 after Japanese statistics

29 May 00:10 1 article

AUD/JPY Price Analysis: Depressed above 71.00 after Japanese statistics

AUD/JPY drops to 71.33 after the key economics from Japan recently weighed on the pair amid the initial Asian session on Friday. Read: Tokyo area May

29 May 00:10 FXStreet 4480975638785145225.html
WTI slips below $34.00 amid risk reset in early Asia

29 May 00:31 1 article

WTI slips below $34.00 amid risk reset in early Asia

WTI extends its declines from $34.34 to $33.56 amid the initial Asian session on Friday. In doing so, the oil benchmark probes the previous day’s reco

29 May 00:31 FXStreet 4480975638955652564.html
Silver Price Analysis: Struggles to gather upside traction despite diamond breakout

29 May 00:54 1 article

Silver Price Analysis: Struggles to gather upside traction despite diamond breakout

Silver is currently trading near $17.41 per ounce, representing a 0.21% gain on the day, having faced rejection near $17.50 on Thursday. The metal wit

29 May 00:54 FXStreet 4480975639287024821.html
PBOC sets Yuan reference rate at 7.1316

29 May 01:17 1 article

PBOC sets Yuan reference rate at 7.1316

The People's Bank of China (PBOC) has set the Yuan reference rate at 7.1316 versus Thursday's fix at 7.1277.

29 May 01:17 FXStreet 4480975639648496630.html
China extends its anti-dumping investigation into Australian and Japanese chemical exports

29 May 01:48 1 article

China extends its anti-dumping investigation into Australian and Japanese chemical exports

According to Reuters, China announced that it extended its anti-dumping investigation into the Australian and Japanese chemical exports. more to come

29 May 01:48 FXStreet 4480975639120662730.html
Gold picks up a bid amid losses in the US stock futures

29 May 01:49 1 article

Gold picks up a bid amid losses in the US stock futures

Gold, a traditional safe-haven asset, is drawing bids as the US stock futures are signaling risk aversion. The yellow metal is trading at $1,720 at pr

29 May 01:49 FXStreet 4480975639006966723.html
PBOC to make biggest weekly cash injection via OMO since mid-Jan – Reuters

29 May 02:03 1 article

PBOC to make biggest weekly cash injection via OMO since mid-Jan – Reuters

The People’s Bank of China (PBOC) extends its market liquidity injections for the fourth straight day on Friday, making the biggest weekly cash inject

29 May 02:03 FXStreet 4480975639149585780.html
Japan's Nishimura says Industrial Production is in severe condition

29 May 02:05 1 article

Japan's Nishimura says Industrial Production is in severe condition

Japan's economy minister Yasutoshi Nishimura said a few minutes before press time that the country's industrial production is in severe condition, par

29 May 02:05 FXStreet 4480975639497208357.html
NZ FinMin Robertson: Economy is opening up and improving

29 May 02:05 1 article

NZ FinMin Robertson: Economy is opening up and improving

New Zealand’s (NZ) Finance Minister Grant Robertson came out on the wires on Friday, via Reuters, noting that the economy is opening up and improving.

29 May 02:05 FXStreet 4480975640158027202.html
Japan’s Aso: Fiscal situation will deteriorate further ahead as tax revenue will likely decline

29 May 02:24 1 article

Japan’s Aso: Fiscal situation will deteriorate further ahead as tax revenue will likely decline

Speaking to reporters on Friday, Japanese Finance Minister Taro Aso said that the country’s fiscal situation will deteriorate further ahead as tax rev

29 May 02:24 FXStreet 4480975639211521465.html
USD/IDR Price News: Indonesian Rupiah remains flat despite central bank's bullish comments

29 May 02:27 1 article

USD/IDR Price News: Indonesian Rupiah remains flat despite central bank's bullish comments

The Indonesian rupiah is trading in the sideways manner around 14,760 at press time. The currency has been restricted to a narrow range of 14,740-14,7

29 May 02:27 FXStreet 4480975638541835616.html
PBOC injects CNY300 bln via reverse repos, rate unchanged

29 May 02:56 1 article

PBOC injects CNY300 bln via reverse repos, rate unchanged

On Friday, the People’s Bank of China (PBOC) injected 300 billion yuan ($41.96 billion) into money markets, via seven-day reverse repo agreements, kee

29 May 02:56 FXStreet 4480975638386055936.html
Gold Futures: Upside appears limited

29 May 05:09 1 article

Gold Futures: Upside appears limited

Open interest in gold futures markets noted investors trimmed their open interest for the fifth consecutive sessions on Thursday, this time by nearly

29 May 05:09 FXStreet 4480975638289451748.html
Crude Oil Futures: Further gains not ruled out

29 May 05:26 1 article

Crude Oil Futures: Further gains not ruled out

According to preliminary readings of crude oil futures markets from CME Group, open interest and volume rose by around 4.6K contracts and by nearly 45

29 May 05:26 FXStreet 4480975638740421357.html
S&P: Indian economy will shrink by 5% in FY21 due to coronavirus crisis

29 May 05:29 1 article

S&P: Indian economy will shrink by 5% in FY21 due to coronavirus crisis

In its latest report, S&P Global Ratings predicted India’s economy to contract 5% in the current fiscal year (FY2021), as the coronavirus pandemic con

29 May 05:29 FXStreet 4480975638307427644.html
Forex Today: Dollar dives, decoupling from stumbling stocks ahead of Trump's Chinese announcement

29 May 05:30 1 article

Forex Today: Dollar dives, decoupling from stumbling stocks ahead of Trump's Chinese announcement

Here is what you need to know on Friday, May 29: The US dollar remains on the back foot, with EUR/USD topping 1.11, despite a worsening market mood re

29 May 05:30 FXStreet 4480975639619346279.html
FX option expiries for May 29 NY cut

29 May 05:44 1 article

FX option expiries for May 29 NY cut

FX option expiries for May 29 NY cut at 10:00 Eastern Time, via DTCC, can be found below. - EUR/USD: EUR amounts 1.1050 547m - GBP/USD: GBP amounts 1.

29 May 05:44 FXStreet 4480975640103196657.html
Gold Price Analysis: Has strong support and $1,718, and may resume its rise – Confluence Detector

29 May 05:45 1 article

Gold Price Analysis: Has strong support and $1,718, and may resume its rise – Confluence Detector

Gold has been consolidating its gains after recovering from a dive below $1,700. Can it extend its gains on the last day of May? The Technical Conflue

29 May 05:45 FXStreet 4480975638978461865.html
Natural Gas Price: Room for extra pullbacks

29 May 05:50 1 article

Natural Gas Price: Room for extra pullbacks

Open interest in Natural Gas futures markets increased for the second session in a row on Thursday, this time by around 30.6K contracts. In the same d

29 May 05:50 FXStreet 4480975638992678159.html
Fitch: Signal from US of possible change in its policy towards Hong Kong to heighten uncertainty

29 May 06:12 1 article

Fitch: Signal from US of possible change in its policy towards Hong Kong to heighten uncertainty

According to the latest report published by Fitch ratings on Friday, a signal from the US of a possible change in its long-standing policy towards Hon

29 May 06:12 FXStreet 4480975639943438298.html
US: Surprised drop in continuing claims intensified the greenback retracement

29 May 06:36 1 article

US: Surprised drop in continuing claims intensified the greenback retracement

Initial Claims added 2.1 million, the lowest in 10 weeks while Continuing Claims fell 3.86 million in the previous week. The US dollar is losing groun

29 May 06:36 FXStreet 4480975639159906534.html
NZD/USD: Surfing the euphoric wave above the 0.6170 support – ANZ

29 May 06:44 1 article

NZD/USD: Surfing the euphoric wave above the 0.6170 support – ANZ

The kiwi is surfing the euphoric wave of risk-on sentiment again, trading at 0.6206, but economists at ANZ Bank are concern regarding unemployment. Ke

29 May 06:44 FXStreet 4480975639157715299.html
Poland: NBP surprising cut leaves room for the zloty to weaken – TDS

29 May 06:59 1 article

Poland: NBP surprising cut leaves room for the zloty to weaken – TDS

The NBP has again surprised the consensus by cutting rates by 40bps to 0.1%, economists at TD Securities apprise. EUR/PLN trades at 4.4563 after risin

29 May 06:59 FXStreet 4480975639366916017.html
BoC: The most depleted stockpile of monetary policy ammo any modern governor has inherited – NBF

29 May 07:13 1 article

BoC: The most depleted stockpile of monetary policy ammo any modern governor has inherited – NBF

Warren Lovely and Taylor Schleich from the National Bank of Canada offer up some high-level commentary on how certain conditions evolved under Poloz’s

29 May 07:13 FXStreet 4480975638586137100.html
S&P 500: Futures defend 3K mark amid risk-off, eyes on Trump’s China speech

29 May 07:21 1 article

S&P 500: Futures defend 3K mark amid risk-off, eyes on Trump’s China speech

The futures on the S&P 500 index are nursing losses above the 3000 level, as the bears take a breather following the slump overnight. The US futures r

29 May 07:21 FXStreet 4480975639794325856.html
EUR/USD: Four reasons for a correction

29 May 07:36 1 article

EUR/USD: Four reasons for a correction

EUR/USD has hit 1.11 – the highest since March – amid hopes for EU stimulus, dollar weakness but the sharp run may be followed by a temporary rethink

29 May 07:36 FXStreet 4480975638875060674.html
When are the Eurozone Preliminary CPIs and how could they affect EUR/USD?

29 May 07:54 1 article

When are the Eurozone Preliminary CPIs and how could they affect EUR/USD?

Eurostat will publish the first estimate of Eurozone inflation figures for May at 0900 GMT this Friday. The headline CPI is anticipated to come in sof

29 May 07:54 FXStreet 4480975638324508177.html
USD/CAD holds steady, up little around 1.3770 amid weaker oil prices

29 May 08:23 1 article

USD/CAD holds steady, up little around 1.3770 amid weaker oil prices

The USD/CAD pair edged higher on Friday, albeit lacked any strong follow-through and remained confined in a three-day-old trading range. A sharp fall

29 May 08:23 FXStreet 4480975639984986773.html
Resurgent inflation would be very dangerous – Natixis

29 May 08:45 1 article

Resurgent inflation would be very dangerous – Natixis

If inflation does return from 2021, the consequences could be very severe as a debt crisis would be inevitable, according to analysts at Natixis. Read

29 May 08:45 FXStreet 4480975638525722373.html
ECB’s Visco: Disinflationary pressures from crisis could be strong and lasting

29 May 08:59 1 article

ECB’s Visco: Disinflationary pressures from crisis could be strong and lasting

The disinflationary pressures from the crisis could be strong and lasting, said the European Central Bank (ECB) Governing Council member and Italian c

29 May 08:59 FXStreet 4480975639790979614.html
EUR/USD climbs to 2-month tops beyond 1.1100

29 May 09:09 1 article

EUR/USD climbs to 2-month tops beyond 1.1100

The upside momentum in the shared currency remains everything but abated on Friday and is now lifting EUR/USD to fresh tops in levels beyond 1.1100 th

29 May 09:09 FXStreet 4480975639361415870.html
AUD/USD: The key resistance area at 0.6658/6706 continues to cap any attempt to break higher – Credit Suisse

29 May 09:30 1 article

AUD/USD: The key resistance area at 0.6658/6706 continues to cap any attempt to break higher – Credit Suisse

AUD/USD is seeing a further attempt to break above the pivotal resistance zone at 0.6658/6706, which ideally continues to cap, according to analysts a

29 May 09:30 FXStreet 4480975639167725884.html
Gold clings to gains near session tops, around $1725 region

29 May 09:32 1 article

Gold clings to gains near session tops, around $1725 region

Gold edged higher during the early European session and climbed back closer to the previous day's swing high, around the $1727 region. The precious me

29 May 09:32 FXStreet 4480975639874152108.html
GBP/USD: The pound is set to see losses amid geopolitical strains

29 May 10:08 1 article

GBP/USD: The pound is set to see losses amid geopolitical strains

GBP/USD has struggled to take advantage of dollar weakness amid a slew of British issues. Sino-American tensions, Brexit speculation, and end of month

29 May 10:08 FXStreet 4480975639216110304.html
April Core PCE, Personal Spending and Income Preview: All falling in tandem

29 May 10:18 1 article

April Core PCE, Personal Spending and Income Preview: All falling in tandem

Core PCE price index to fall 0.3% in April while Personal Income and Spending are expected to plunge to a six-decade low. Instead of elucidating an un

29 May 10:18 FXStreet 4480975638697997026.html
EU's De Rynck: No appetite on EU side to revise mandate on fisheries

29 May 11:32 1 article

EU's De Rynck: No appetite on EU side to revise mandate on fisheries

"It is a tall order to get an agreement on fisheries by the deadline," Stefaan De Rynck, senior advisor of Michel Barnier, Chief EU Negotiator for Bre

29 May 11:32 FXStreet 4480975638294715703.html
When is the Canadian GDP report and how could it affect USD/CAD?

29 May 11:36 1 article

When is the Canadian GDP report and how could it affect USD/CAD?

Friday's economic docket highlights the release of monthly Canadian GDP growth figures for March, scheduled to be published at 12:30 GMT. Statistics C

29 May 11:36 FXStreet 4480975638109826880.html
USD/INR New York Price Analysis: Greenback eyeing the May’s lows vs. Indian rupee

29 May 12:06 1 article

USD/INR New York Price Analysis: Greenback eyeing the May’s lows vs. Indian rupee

USD/INR is retreating further below the 76.00 figure as the spot is having a hard time to find a clear direction in May while the quote stays confined in the 7

29 May 12:06 FXStreet 4480975638329049418.html
Breaking: US Personal Spending plunged by 13.6% in April

29 May 12:31 1 article

Breaking: US Personal Spending plunged by 13.6% in April

Personal Spending in the United States declined by 13.6 on a monthly basis in April, the data published by the US Bureau of Economic Analysis showed

29 May 12:31 FXStreet 4480975639537675209.html
How can I qualify for pension cap indexation?

29 May 00:07 1 article

How can I qualify for pension cap indexation?

Indexation of superannuation pensions - if it ever happens - won't be available to all, writes John Wasiliev, who seeks answers to your questions about super.

29 May 00:07 Australian Financial Review 3974284486289916219.html
Frydenberg talks markets to US Treasury secretary

29 May 00:45 1 article

Frydenberg talks markets to US Treasury secretary

Treasurer Josh Frydenberg has spoken to US Treasury secretary Steven Mnuchin about the rebound in equity markets and the stabilisation of credit markets.

29 May 00:45 Australian Financial Review 3974284486973699993.html
Lynas forced to defend disclosure on US military funding

29 May 00:48 1 article

Lynas forced to defend disclosure on US military funding

Amanda Lacaze-led Lynas knew the US Department of Department process was on hold in April but she did not alert the market until May 22.

29 May 00:48 Australian Financial Review 3974284488330134178.html
Fashion retailer PAS Group goes into administration

29 May 00:49 1 article

Fashion retailer PAS Group goes into administration

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

29 May 00:49 Australian Financial Review 3974284487409314780.html
CBA says crisis reinforces its X15 mission to create new start-ups

29 May 01:03 1 article

CBA says crisis reinforces its X15 mission to create new start-ups

CBA has rolled its Credit Savvy business into X15 and will host a hackathon in July to identify new ideas and entrepreneurs.

29 May 01:03 Australian Financial Review 3974284487566427837.html
Five richest Australians revealed

29 May 01:30 1 article

Five richest Australians revealed

Surging iron ore prices and a tech sector winning from the work-at-home revolution sees former No. 1 Rich Lister Anthony Pratt bumped from the top five.

29 May 01:30 Australian Financial Review 3974284487161133159.html
Rich Lister winners and losers so far

29 May 01:30 1 article

Rich Lister winners and losers so far

With the fortunes of many billionaires tied up in equity, the past few months have been a wild ride and not everyone has come out on top.

29 May 01:30 Australian Financial Review 3974284486567703602.html
PAS collapse a dose of COVID-19 reality

29 May 01:47 1 article

PAS collapse a dose of COVID-19 reality

Workers and investors - including one Rich Lister - have been reminded that firms in trouble before this crisis will struggle to emerge from it. 

29 May 01:47 Australian Financial Review 3974284487814393602.html
Blackmores steadies the ship

29 May 01:55 1 article

Blackmores steadies the ship

The largest shareholder in Australia's biggest vitamins company is positioning for the future on many fronts.

29 May 01:55 Australian Financial Review 3974284488400640454.html
Credit growth 'stops' in April

29 May 02:32 1 article

Credit growth 'stops' in April

Lending growth froze in April for the first time since 2011 due to a plunge in credit card spending by shoppers during the coronavirus shutdowns.

29 May 02:32 Australian Financial Review 3974284486428481635.html
Costa Group CEO Harry Debney to bow out

29 May 02:34 1 article

Costa Group CEO Harry Debney to bow out

After a volatile decade including a public float in 2015, a profit wipeout in 2019 and steady navigation through COVID-19, the boss is departing.

29 May 02:34 Australian Financial Review 3974284487429636303.html
Ex-Bellamy's boss Laura McBain joins board of boutique brand Lark

29 May 03:27 1 article

Ex-Bellamy's boss Laura McBain joins board of boutique brand Lark

From baby formula to fine foods and now whisky, she has reconnected to Tasmania, as well as wealthy Hong Kong investors.

29 May 03:27 Australian Financial Review 3974284487544889336.html
ASIC bans ex-Linchpin Capital boss Peter Daly for five years

29 May 04:19 1 article

ASIC bans ex-Linchpin Capital boss Peter Daly for five years

Two fellow directors have also been banned by the corporate regulator after a failed attempt to keep.

29 May 04:19 Australian Financial Review 3974284488090631608.html
Brookfield re-enters race for Virgin with surprise bid

29 May 04:25 1 article

Brookfield re-enters race for Virgin with surprise bid

It remains unclear how Brookfield's 11th-hour pitch will affect the rest of the process, which will see the administrators reduce the bidders to just two.

29 May 04:25 Australian Financial Review 3974284488133632511.html
Origin turns to gaming to fend off disruption

29 May 05:35 1 article

Origin turns to gaming to fend off disruption

Origin Energy has teamed up with a computer game platform to offer customers rewards, one of several innovation strategies to keep ahead of a rapidly changing market.

29 May 05:35 Australian Financial Review 3974284488244149602.html
Mayfair 101 fund's prize asset under a cloud

29 May 05:43 1 article

Mayfair 101 fund's prize asset under a cloud

Receivers of Mayfair 101's IPO Wealth Fund are questioning a deal involving its largest investment, a stake in Indian software venture Accloud.

29 May 05:43 Australian Financial Review 3974284488157276192.html
How our very richest tripled their fortunes in a decade

29 May 05:44 1 article

How our very richest tripled their fortunes in a decade

Two macro themes have helped to deliver an extraordinary jump in the fortunes of our richest Australians.  

29 May 05:44 Australian Financial Review 3974284486546759398.html
Budget deficit hits $40b and still rising

29 May 06:20 1 article

Budget deficit hits $40b and still rising

The federal budget deficit had blown out to $40 billion by the end of April, as coronavirus emergency spending began to kick in and tax revenue was squeezed.

29 May 06:20 Australian Financial Review 3974284487855999377.html
Banks' $47b bonanza as buyers back recovery

29 May 06:50 1 article

Banks' $47b bonanza as buyers back recovery

Growing optimism that the economy will emerge from the pandemic in better shape than previously expected triggered a monster bank buying spree.

29 May 06:50 Australian Financial Review 3974284488358855417.html
ASX climbs 4.2pc in May as fallen stocks find favour

29 May 07:10 1 article

ASX climbs 4.2pc in May as fallen stocks find favour

A miraculous late run for the banks lifted the ASX from a mediocre month to sharp rise, adding to a rebound for mining, tech and restrictions-hit companies.

29 May 07:10 Australian Financial Review 3974284486438766064.html
Court rules Bendigo Bank small business loans were 'unfair'

29 May 07:21 1 article

Court rules Bendigo Bank small business loans were 'unfair'

Federal Court finds Bendigo Bank breached unfair contracts provisions after ASIC probe, in a ruling that will apply to all lenders across Australia.

29 May 07:21 Australian Financial Review 3974284486595597244.html
Need to know: Friday

29 May 09:05 1 article

Need to know: Friday

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.

29 May 09:05 Australian Financial Review 3974284487543588038.html
Lockdown shopping: Chocolate chips, frozen pizza up, energy bars nosedive

29 May 09:57 1 article

Lockdown shopping: Chocolate chips, frozen pizza up, energy bars nosedive

Americans bored at home during the coronavirus lockdown are rediscovering their love of baking and cooking, reversing a decades-long trend that has reshaped the grocery store experience.

29 May 09:57 TheHill 355432919828347797.html
FNB fraud protection – Why your online payments get declined

29 May 00:00 1 article

FNB fraud protection – Why your online payments get declined

FNB flags certain retailers as high-risk for online payments, as well as individual transactions.

29 May 00:00 MyBroadband 3036103789320614748.html
Defend your hard-earned savings with Revix’s tokenised gold promotion

29 May 00:00 1 article

Defend your hard-earned savings with Revix’s tokenised gold promotion

Invest in tokenised physical gold without any risk.

29 May 00:00 MyBroadband 3036103787945880553.html
Cigarette ban threatens to bankrupt companies

29 May 00:00 1 article

Cigarette ban threatens to bankrupt companies

The ban on the sale of cigarettes is one of the most controversial regulations in place as part of South Africa’s COVID-19 lockdown.

29 May 00:00 MyBroadband 3036103787928839538.html
PIC willing to convert R90 billion of Eskom debt into equity

29 May 00:00 1 article

PIC willing to convert R90 billion of Eskom debt into equity

Africa’s biggest fund manager, the Public Investment Corp., is willing to convert more than 90 billion rand ($5.2 billion) of Eskom Holdings SOC Ltd. debt into equity.

29 May 00:00 MyBroadband 3036103787433276143.html
Chase Sapphire Reserve renewals will stay at $450 through the end of year

29 May 12:53 1 article

Chase Sapphire Reserve renewals will stay at $450 through the end of year

Heads up! We share savvy shopping and personal finance tips to put extra cash in your wallet. Android Central may receive a commission from The Points Guy Affiliate Network. Please note that the offers mentioned below are subject to change at any time and some may no longer be available. In the midst of the uncertainty caused by the novel coronavirus, Chase appears to want to keep its...

29 May 12:53 Android Central 29040142456801134.html
German Rights Body GEMA Says Strong 2019 Created 'Crisis Airbag' for Members Sidelined by Pandemic

29 May 00:00 1 article

German Rights Body GEMA Says Strong 2019 Created 'Crisis Airbag' for Members Sidelined by Pandemic

The German copyright society GEMA carried over momentum from the previous year and increased revenues by nearly 5% in 2019.

29 May 00:00 Billboard 3719329425802952425.html
How coronavirus is reshaping the mobility industry, from EVs to supply chains

29 May 07:13 1 article

How coronavirus is reshaping the mobility industry, from EVs to supply chains

The current crisis is first and foremost humanitarian, with 300k casualties to date worldwide and massive joblessness. It is also economic, with almost all companies having financial difficulties and many collapsing. However, a few sectors are currently booming (e.g. deliveries), some will benefit from a crisis-induced tailwind, while others will continue to suffer for years […]

29 May 07:13 The Next Web 3990801509543399542.html
UK automotive production at lowest level since WW2, to cost industry $15B

29 May 07:34 1 article

UK automotive production at lowest level since WW2, to cost industry $15B

With auto factories closed due to coronavirus, it's clear that production was going to take a hit. Now we know just how big an impact it had in the UK.

29 May 07:34 The Next Web 3990801509976760384.html
Satoshi Nakaboto: ‘Winklevoss deal brings BTC trade to Samsung users in US and Canada’

29 May 10:03 1 article

Satoshi Nakaboto: ‘Winklevoss deal brings BTC trade to Samsung users in US and Canada’

Our robot colleague Satoshi Nakaboto writes about Bitcoin every fucking day. Welcome to another edition of Bitcoin Today, where I, Satoshi Nakaboto, tell you what’s been going on with Bitcoin in the past 24 hours. As Stephen Hawking used to say: Let’s get this bread! Bitcoin price We closed the day, May 28 2020, at […]

29 May 10:03 Hard Fork | The Next Web 3990801509920193077.html
adidas' Continental 80 Receives Retro "Collegiate Green" Makeover

29 May 03:55 1 article

adidas' Continental 80 Receives Retro "Collegiate Green" Makeover

Remodeling the court classic.

29 May 03:55 HYPEBEAST 3806037269204764790.html
Coronavirus: Govts must invest in 'efficient infectious disease prevention' - Researcher

29 May 00:00 1 article

Coronavirus: Govts must invest in 'efficient infectious disease prevention' - Researcher

A Research and Development Expert at Center for Africa Poverty Eradication, Nana Fori, has researched into the economical effects of the novel Coronavirus pandemic with its findings revealing that the virus has thrown the world leaders into a dark and dangerous waters as they struggle to balance public safety, economic concerns, nationwide lockdowns, travel bans and many other interconnected factors.

29 May 00:00 GhanaWeb 9132111495290866891.html
Application for Coronavirus Alleviation Programme is free - NBSSI

29 May 00:00 1 article

Application for Coronavirus Alleviation Programme is free - NBSSI

Applicants of the Coronavirus Alleviation Programme (CAP) business support have been asked to be cautious of persons who offer to register them on the scheme at a fee.

29 May 00:00 GhanaWeb 9132111493759454210.html
Pakistan to float $1.5b Eurobonds

29 May 04:00 1 article

Pakistan to float $1.5b Eurobonds

Move comes after inflow of hot foreig­n money proved costly

29 May 04:00 The Express Tribune 1105816787576398859.html
Govt may keep petroleum prices unchanged

29 May 04:01 1 article

Govt may keep petroleum prices unchanged

Move aimed at shield­ing oil indust­ry from hefty losses­

29 May 04:01 The Express Tribune 1105816787911415648.html
Exports to stay low due to liquidity woes

29 May 04:07 1 article

Exports to stay low due to liquidity woes

Busine­ssmen term zero-rating indisp­ensabl­e to remove hardsh­ips

29 May 04:07 The Express Tribune 1105816786936255687.html
India needs help

29 May 04:36 1 article

India needs help

Perhap­s India need to work on its old diseas­e of ‘bad choice of friend­s’ before it can get out of its nation­al crisis­

29 May 04:36 The Express Tribune 1105816787393048101.html
OGRA proposes Rs7.06 per litre cut in petrol price

29 May 11:02 1 article

OGRA proposes Rs7.06 per litre cut in petrol price

Recomm­endati­on in line with decrea­se in global crude prices­

29 May 11:02 The Express Tribune 1105816787910770343.html
Amazon Sellers Are Marking Products As 'Collectible' To Get Around Price Gouging Rules

29 May 08:02 1 article

Amazon Sellers Are Marking Products As 'Collectible' To Get Around Price Gouging Rules

Amazon has suspended thousands of third-party sellers for price gouging during the COVID-19 pandemic, but sellers have found a loophole to avoid detection when raising prices: labeling their products as "collectibles," even if there's no conceivable way they could be. The Verge reports: Take this B...

29 May 08:02 news.slashdot.org 626091440491679395.html
Translation From VC-Backed PR Jargon To English of Magic Leap CEO Rony Abovitz's Statement That He's 'Stepping Down'

29 May 10:40 1 article

Translation From VC-Backed PR Jargon To English of Magic Leap CEO Rony Abovitz's Statement That He's 'Stepping Down'

From a company-wide memo sent by Rony Abovitz, the founder of Magic Leap, which has raised nearly $3 billion from high-profile investors including Andreessen Horowitz, Google, AT&T, NTT DoCoMo, Public Investment Fund of Saudi Arabia, JP Morgan, Kleiner Perkins Caufield & Byers: As we've sha...

29 May 10:40 tech.slashdot.org 8720761275918487665.html
ANALYSIS: How SA can balance control of COVID-19 and avoid economic disaster

29 May 00:00 1 article

ANALYSIS: How SA can balance control of COVID-19 and avoid economic disaster

South Africa's management of the COVID-19 pandemic must now shift from a centrally regulated approach to one that enables participation and compliance by communities, workers and businesses.

29 May 00:00 ewn.co.za 2308610108218993121.html
PARTLY FALSE: First Philippine Holdings 'made P24.6B profit, but only paid P10M income tax'

29 May 02:45 1 article

PARTLY FALSE: First Philippine Holdings 'made P24.6B profit, but only paid P10M income tax'

The P10 million that First Philippine Holdings Corporation paid in income tax is part of a total of P5.175 billion in income taxes that the company and its subsidiaries paid in 2019

29 May 02:45 Rappler 1882105643383652025.html
China-led AIIB approves $750-million loan for PH's virus response

29 May 06:15 1 article

China-led AIIB approves $750-million loan for PH's virus response

The loan from the Beijing-based multilateral lender will be used to increase the Philippines' testing capacity and provide conditional cash transfers to poor households

29 May 06:15 Rappler 1882105641969820404.html
Rare cognac sells for $144,525 at auction

29 May 07:49 1 article

Rare cognac sells for $144,525 at auction

An 'exceedingly rare' bottle of Gautier Cognac 1762 preserved since the end of the 19th century sets a new auction sales price record

29 May 07:49 Rappler 1882105642994857385.html
Maruti Suzuki Considering Leasing Out Cars To Retail Customers: Report

29 May 08:30 1 article

Maruti Suzuki Considering Leasing Out Cars To Retail Customers: Report

Maruti Suzuki does provide its cars to car rental services, but a new lease scheme will be beneficial for both, the company’s dealers, as well as the company itself

29 May 08:30 GaadiWaadi.com 5195250399255234296.html
Seoul stocks open lower on Wall Street losses

29 May 00:31 1 article

Seoul stocks open lower on Wall Street losses

South Korean stocks opened lower Friday, tracking overnight losses on Wall Street amid rising Sino-American tensions over China's passing of a new national security law on Hong Kong. The benchmark Korea Composite Stock Price Index (KOSPI) retreated 10.80 points, or 0.53 percent, to 2,017.74 in the first 15 minutes of trading. The fall was largely attributed to the latest development in the Sino-American dispute on ...

29 May 00:31 Koreaherald 8029273603393113138.html
Number of South Korean budget phone users continues to fall in March

29 May 01:00 1 article

Number of South Korean budget phone users continues to fall in March

The number of budget smartphone users in South Korea continued to drop in March with its market share threatening to sink below the 10-percent mark, data showed Friday. Local subscribers to so-called mobile virtual network operators (MVNOs) numbered 7.61 million as of the end of March, down 0.6 percent from the previous month, according to the data from the Ministry of Science and ICT. MVNOs rent networks from the ...

29 May 01:00 Koreaherald 8029273604850950187.html
Samsung Group heir summoned again over succession-related allegations

29 May 01:08 1 article

Samsung Group heir summoned again over succession-related allegations

South Korean prosecutors called in Samsung Group heir Lee Jae-yong again Friday as part of an investigation into a controversial merger between two Samsung units. The summons came three days after Samsung Electronics Vice Chairman Lee was questioned for 17 hours about suspicions surrounding the 2015 merger of two major affiliates: Samsung C&T Corp. and Cheil Industries Inc. Prosecutors suspect Samsung's top man...

29 May 01:08 Koreaherald 8029273604307783159.html
McDonald’s Korea wins award for job creation efforts

29 May 01:32 1 article

McDonald’s Korea wins award for job creation efforts

McDonald’s Korea said Friday it has won an award from the Korean government for its efforts to create decent jobs and implement employee-friendly policies. The firm received the 2020 National Industrial Award in the employment-friendly category on Thursday, hosted by the state-run Institute for Industrial Policy Studies and co-sponsored by the Ministry of Trade, Industry and Energy and the Ministry of SMEs and...

29 May 01:32 Koreaherald 8029273602823364388.html
Hyundai Oilbank launches new mascots ahead of major takeover

29 May 01:58 1 article

Hyundai Oilbank launches new mascots ahead of major takeover

Hyundai Oilbank said Friday it has launched new mascots as it finalizes its acquisition of the gas station business of SK Networks. The South Korean oil refiner introduced three dinosaur mascots -- Gio, Dio and Kio -- named to represent its respective brands for gasoline, diesel and kerosene. It is poised to take over some 300 gas stations from SK Networks. The takeover is expected to allow Hyundai Oilbank to det...

29 May 01:58 Koreaherald 8029273602776903774.html
Vietnamese dairy firm Vinamilk enters S. Korea

29 May 02:17 1 article

Vietnamese dairy firm Vinamilk enters S. Korea

Vietnamese state-run dairy giant Vinamilk has entered South Korea to meet growing demand for premium milk products, Vina Korea said Friday. Vina Korea, a Korean company set up by five local distribution firms for the sale of Vinamilk products, began to sell milk tea, soybean milk and condensed milk-based coffee products in the Korean market through online stores Thursday, Vina Korea Chief Financial Officer Yun Yo-wa...

29 May 02:17 Koreaherald 8029273604404798539.html
FTC approves Hyundai Oilbank-SK Networks merger

29 May 04:38 1 article

FTC approves Hyundai Oilbank-SK Networks merger

South Korea’s antitrust watchdog has approved Hyundai Oilbank’s plan to take over SK Networks’ gas station business, officials said Friday. Upon the approval, Hyundai Oilbank has become the second-largest in the industry in terms of the number of gas stations as it has acquired 306 SK Networks gas stations. SK Energy remains number one. The oil refining firm signed a contract with SK Networks to ...

29 May 04:38 Koreaherald 8029273604740154567.html
S. Korea hints at intervention in FX market

29 May 04:47 1 article

S. Korea hints at intervention in FX market

SEJONG -- South Korea's finance minister said Friday the government will act boldly if volatility rises in the foreign exchange market. Finance Minister Hong Nam-ki said "herd behavior" has been seen recently in the foreign exchange market and speculative trading has caused some moves in the Korean currency, referring to a one-sided movement. "The government will act boldly with its market stabilizat...

29 May 04:47 Koreaherald 8029273603502671769.html
[Newsmaker] BTS label Big Hit gears for IPO

29 May 04:55 1 article

[Newsmaker] BTS label Big Hit gears for IPO

The South Korean music label behind K-pop sensation BTS has filed for a preliminary review for an initial public offering, according to the nation’s stock market operator Korea Exchange (KRX) on Friday. Founded in 2005 by music producer Bang Si-hyuk, Big Hit Entertainment houses BTS and other K-pop singers and bands, including Lee Hyun and Tomorrow X Together. Bang, who serves as the entertainment firm’...

29 May 04:55 Koreaherald 8029273603203044470.html
Samsung SDI injects capital into JV for EV battery materials

29 May 04:59 1 article

Samsung SDI injects capital into JV for EV battery materials

South Korean battery maker Samsung SDI said Friday it has started injecting capital into EcoPro EM, a joint venture with EcoPro BM, a supplier of electric vehicle battery materials to Samsung. According to Samsung SDI, it will fund a total of 120 billion won ($96.9 million) with EcoPro BM into EcoPro EM. Samsung SDI and EcoPro BM will contribute 48 billion won and 72 billion won, respectively, to control 40 percent...

29 May 04:59 Koreaherald 8029273603076031692.html
Rivals see surge in revenue as Coupang reels from COVID-19 damage

29 May 06:42 1 article

Rivals see surge in revenue as Coupang reels from COVID-19 damage

South Korean retail giant E-mart’s online store SSG.com said Friday it has witnessed a spike in its business as worried customers are shunning online grocery delivery platforms of Coupang and Market Kurly whose logistics centers reported virus infections recently. According to SSG.com, the number and sales of early morning deliveries on Friday jumped 14 percent and 37 percent, respectively, compared to last w...

29 May 06:42 Koreaherald 8029273602813154781.html
Seoul stocks end higher on finance minister's FX intervention comments

29 May 07:17 1 article

Seoul stocks end higher on finance minister's FX intervention comments

Seoul stocks ended slightly higher Friday, after South Korea's finance minister hinted at possible intervention in case of volatility in the local currency markets. The Korean won rose against the US dollar. The benchmark Korea Composite Stock Price Index (KOSPI) gained 1.06 points, or 0.05 percent, to close at 2,029.60. Trading volume was moderate at about 1.08 billion shares worth some 13.8 trillion won ($11.2 bil...

29 May 07:17 Koreaherald 8029273603411887064.html
Govt., state-run creditors discuss Doosan Heavy's self-rescue plan

29 May 07:57 1 article

Govt., state-run creditors discuss Doosan Heavy's self-rescue plan

SEJONG -- Top economic policymakers and heads of state-run creditor banks on Friday discussed a self-rescue plan submitted by cash-strapped Doosan Heavy Industries & Construction Co., the finance ministry said Friday. Two state-run creditors -- the Korea Development Bank and the Export-Import Bank of Korea -- have been in talks with Doosan Group, the parent of Doosan Heavy, on a debt restructuring plan for the ...

29 May 07:57 Koreaherald 8029273604548271040.html
E.U.’s Coronavirus Recovery Plan Also Aims to Fight Climate Change

29 May 05:45 1 article

E.U.’s Coronavirus Recovery Plan Also Aims to Fight Climate Change

The proposed package would boost clean energy and transport to help the continent become carbon neutral by 2050

29 May 05:45 Scientific American 532798823567546156.html
Top Stock Reports for Novo Nordisk, IBM & Honeywell

29 May 02:00 1 article

Top Stock Reports for Novo Nordisk, IBM & Honeywell

Today's Research Daily features new research reports on 16 major stocks, including Novo Nordisk (NVO), International Business Machines (IBM) and Honeywell International (HON).

29 May 02:00 Zacks Investment Research 2346638543176389018.html
South Africa’s diesel shortage to last several weeks

29 May 00:00 1 article

South Africa’s diesel shortage to last several weeks

A shortage of diesel fuel in South Africa will ease up in a few weeks when about 30% of its refining capacity, idled because of a drop in demand spurred by the Covid-19 lockdown, will return to service.

29 May 00:00 BusinessTech 2153596440735087609.html
Layoffs, pay cuts and shutdowns as major South African hotels count R1.7 billion in losses

29 May 00:00 1 article

Layoffs, pay cuts and shutdowns as major South African hotels count R1.7 billion in losses

South African hotel and gaming group Tsogo Sun has recorded R1.7 billion in exceptional losses for the full year ended March 2020, after a nationwide Covid-19 lockdown led to a near-complete closure of its hotels.

29 May 00:00 BusinessTech 2153596439458993427.html
Pick n Pay opens alcohol pre-orders online as it prepares for high demand from 1 June

29 May 00:00 1 article

Pick n Pay opens alcohol pre-orders online as it prepares for high demand from 1 June

Pick n Pay customers can now pre-order liquor from its online shop and all orders will be delivered from 1 June 2020.

29 May 00:00 BusinessTech 2153596439434006537.html
Finbond Group plans to sell its South African operation and delist from the JSE

29 May 00:00 1 article

Finbond Group plans to sell its South African operation and delist from the JSE

Credit-provider Finbond says that as part of its short and medium term strategic objectives, it plans on selling its South African operations to focus on North America and Europe.

29 May 00:00 BusinessTech 2153596439407465310.html
Capitec sends out Covid-19 warning

29 May 00:00 1 article

Capitec sends out Covid-19 warning

Capitec, one of South Africa’s largest banks, has warned that the impact of the Covid-19 pandemic will dent future earnings.

29 May 00:00 BusinessTech 2153596439253050557.html
How Will Africa Fare After COVID-19? By Haleed Sulemana

29 May 00:00 1 article

How Will Africa Fare After COVID-19? By Haleed Sulemana

The African Free Trade Area Agreement (AfCFTA) that would see African countries trade within its borders without priority to Western countries should be fast-tracked and made operational. This will allow the African Union and other African sectors to easily assert their agency globally.

29 May 00:00 Sahara Reporters 4209699745140091782.html
Wall Street has billions to lose in China from rising strain

29 May 05:09 1 article

Wall Street has billions to lose in China from rising strain

Five big US banks had a combined $70.8 billion of exposure to China in 2019.

29 May 05:09 Moneyweb 1092550947288317993.html
Arrowhead and Exemplar deliver better than expected results

29 May 08:52 1 article

Arrowhead and Exemplar deliver better than expected results

But Covid-19 presents risks for the property sector.

29 May 08:52 Moneyweb 1092550947661246066.html
SA’s plan to regulate cryptocurrency

29 May 10:30 1 article

SA’s plan to regulate cryptocurrency

Proposals aim to severely limit anonymous transactions in cyberspace.

29 May 10:30 Moneyweb 1092550947857038049.html
South African Airways administrators seek more time for rescue plan

29 May 11:18 1 article

South African Airways administrators seek more time for rescue plan

If the delay in publication is approved, they will start those talks on June 1, they said in the letter, dated May 28.

29 May 11:18 Moneyweb 1092550947810193003.html
South Africa’s trade balance swings to R35bn deficit in April

29 May 12:35 1 article

South Africa’s trade balance swings to R35bn deficit in April

Imports were down 6.5% to R88.03 billion

29 May 12:35 Moneyweb 1092550948222809834.html
European stocks rise for fourth day on healthcare bounce

29 May 00:06 1 article

European stocks rise for fourth day on healthcare bounce

FRANKFURT, May 29 ― European shares rose for a fourth straight session yesterday, as optimism over businesses returning to work and stimulus for the battered euro zone economy outweighed rising US-China tensions. The pan-European STOXX 600 index rose 1.6 per cent to hit an 11-week high, with...

29 May 00:06 Malaymail 302165935181544955.html
FTSE 100 up as AstraZeneca, GSK climb on vaccine hopes

29 May 00:53 1 article

FTSE 100 up as AstraZeneca, GSK climb on vaccine hopes

LONDON, May 29 ― UK shares ended higher yesterday, helped by drugmakers AstraZeneca and GSK as markets looked for more progress in the development of a Covid-19 vaccine, while optimism over the reopening of the economy persisted. The blue-chip FTSE 100 rose another 1.2 per cent after ending...

29 May 00:53 Malaymail 302165935064215782.html
World Bank suggests possible extra replenishment of IDA lending arm

29 May 01:00 1 article

World Bank suggests possible extra replenishment of IDA lending arm

WASHINGTON, May 29 ― World Bank President David Malpass yesterday suggested the Bank and donor countries should explore a possible supplemental replenishment of the International Development Association (IDA) concessional lending arm if the coronavirus crisis deepens. In a letter to US and...

29 May 01:00 Malaymail 302165936101828955.html
Australia's New South Wales state warns of Covid-19 budget toll

29 May 01:12 1 article

Australia's New South Wales state warns of Covid-19 budget toll

SYDNEY, May 29 ― Australia's biggest state in economic terms said today the coronavirus pandemic could cost it as much A$20 billion (RM57.7 billion) in lost revenues over the next four years, underscoring the urgency to revive the country's stuttering economy. Releasing its first estimate of the...

29 May 01:12 Malaymail 302165935953721818.html
7-Eleven books higher Q1 profit despite Covid-19 pandemic

29 May 02:10 1 article

7-Eleven books higher Q1 profit despite Covid-19 pandemic

KUALA LUMPUR, May 29 — Convenience store chain 7-Eleven Malaysia has reported higher sales for the first quarter of 2020 by RM619.3 million, or 6.1 per cent overall. Chief executive officer Colin Harvey said sales increased by RM35.6 million in the quarter, with the same-store sales up 1.9 per...

29 May 02:10 Malaymail 302165934686315231.html
Japan’s low unemployment rate conceals deeper labour market pain

29 May 08:45 1 article

Japan’s low unemployment rate conceals deeper labour market pain

TOKYO, May 29 — Japan’s labour market in April appeared to be weathering a severe slowdown in economic activity due to the coronavirus pandemic, but a closer look at official data released today revealed a less rosy picture. Japan’s jobless rate rose to 2.6 per cent in April from 2.5 per cent...

29 May 08:45 Malaymail 302165934742061668.html
Malaysia’s Statistics Department foresees recession in the next four to six months

29 May 08:52 1 article

Malaysia’s Statistics Department foresees recession in the next four to six months

KUALA LUMPUR, May 29 — The Department of Statistics Malaysia (DOSM) has predicted that the country is heading into an economic recession in the next four to six months. In the Malaysian Economic Statistics Review (MESR), chief statistician Datuk Seri Mohd Uzir Mahidin said that their prediction...

29 May 08:52 Malaymail 302165936470558939.html
Sterling sinks to two-month low as Brexit fears loom

29 May 09:02 1 article

Sterling sinks to two-month low as Brexit fears loom

LONDON, May 29 — The pound fell to a two-month low against the euro today as Brexit talks and speculation about negative interest rates in Britain continue to weigh on sterling, which also fell against the dollar. Brexit talks about a trade deal with the European Union have not gone well, with...

29 May 09:02 Malaymail 302165934506999218.html
Equities drop as Trump lines up China response

29 May 09:17 1 article

Equities drop as Trump lines up China response

HONG KONG, May 29 — Equities mostly fell today after Donald Trump called a news conference for later in the day to outline his response to China’s plan to crack down on Hong Kong, which many fear could further increase tensions between the superpowers. The losses were being tempered, however,...

29 May 09:17 Malaymail 302165934650455768.html
Delay in financial aid to SMEs will be resolved in two months, says Wan Junaidi

29 May 09:18 1 article

Delay in financial aid to SMEs will be resolved in two months, says Wan Junaidi

KUCHING, May 29 — The Entrepreneur Development and Cooperatives Ministry expects the delay in the disbursement of financial assistance for Covid-19-affected small and medium enterprises (SMEs) in Sarawak to be resolved within two months. Its minister, Datuk Seri Wan Junaidi Tuanku Jaafar,...

29 May 09:18 Malaymail 302165936020806026.html
Euro business loans up as firms seek cash to weather virus

29 May 09:23 1 article

Euro business loans up as firms seek cash to weather virus

FRANKFURT, May 29 — Growth in lending to eurozone businesses continued to accelerate in April as companies sought funds to cope with the tough coronavirus lockdowns which hit activity, European Central Bank data showed today. Loans to non-financial firms added 6.6 per cent year-on-year in April...

29 May 09:23 Malaymail 302165935100380720.html
Eurozone inflation slumps to 0.1pc in May

29 May 09:26 1 article

Eurozone inflation slumps to 0.1pc in May

BRUSSELS, May 29 — Inflation in the eurozone single currency area dropped to 0.1 per cent in May from 0.3 per cent in April, the official Eurostat agency said today. The drop in prices comes as Europe entered its sharpest recession in EU history because of the lockdowns brought on by the Covid-19...

29 May 09:26 Malaymail 302165934982760438.html
Italy’s economy shrinks more than feared

29 May 09:47 1 article

Italy’s economy shrinks more than feared

MILAN, May 29 — Italy’s economy shrank 5.3 per cent in the first quarter, much worse than first thought, official data showed today, as the effects of a tough coronavirus lockdown began to be felt. The national statistics institute (ISTAT) said at the end of April it expected the economy to...

29 May 09:47 Malaymail 302165935570211212.html
MDEC: Online business set to stay post-Covid-19

29 May 10:17 1 article

MDEC: Online business set to stay post-Covid-19

KUALA LUMPUR, May 29 — Malaysia Digital Economy Corporation (MDEC) expects the change in behaviour of consumers and local traders from conventional method to online business concept will be maintained even after Covid-19 ends. Its chief executive officer, Surina Shukri, said the main players in...

29 May 10:17 Malaymail 302165936170819041.html
Hap Seng records higher earnings in Q1

29 May 10:27 1 article

Hap Seng records higher earnings in Q1

KUALA LUMPUR, May 29 — Hap Seng Consolidated Bhd’s net profit rose to RM160.38 million in the first quarter ended March 31, 2020 (Q1) from RM157.98 million in the same period last year. Revenue for the quarter, however, declined to RM1.48 billion from RM1.75 billion previously due to lower...

29 May 10:27 Malaymail 302165934963765165.html
RON97 and RON95 up 5 sen, diesel up 10 sen per litre

29 May 10:45 1 article

RON97 and RON95 up 5 sen, diesel up 10 sen per litre

KUALA LUMPUR, May 29 — The price of a litre of RON97 and RON95 will go up by five sen, and for diesel, 10 sen, for the period of May 30 until June 5, 2020. According to a statement from the Ministry of Finance today, based on the weekly retail pricing of petroleum products using the Automatic...

29 May 10:45 Malaymail 302165934994497366.html
‘Less talk, more action’: Malaysian film industry practitioners to Finas

29 May 10:52 1 article

‘Less talk, more action’: Malaysian film industry practitioners to Finas

KUALA LUMPUR, May 29 — Members of the local film industry are far from complimentary of the performance of the National Film Development Corporation Malaysia (Finas), and many are hoping that the new leadership announced will bring much needed changes. For actor, director and producer Afdlin...

29 May 10:52 Malaymail 302165934954678504.html
Mah Sing’s Q1 net profit falls to RM30.07m

29 May 11:03 1 article

Mah Sing’s Q1 net profit falls to RM30.07m

KUALA LUMPUR, May 29 — Mah Sing Group Bhd’s net profit in the first quarter ended March 31, 2020 (Q1 2020) fell to RM30.07 million from RM55.01 million in the same period last year. Revenue declined to RM371.13 million from RM450.33 million previously. In a filing with Bursa Malaysia today, Mah...

29 May 11:03 Malaymail 302165935627733396.html
World Bank lends Philippines US$500m to counter virus impact

29 May 11:13 1 article

World Bank lends Philippines US$500m to counter virus impact

MANILA, May 29 — The World Bank Group approved a US$500 million (RM2.2 billion) loan for the Philippines to help it cope with the economic impact of the novel coronavirus pandemic, the Bank said today. The Philippine government will begin easing from June 1 one of the world’s toughest and...

29 May 11:13 Malaymail 302165934961496191.html
Portugal’s once-booming tourism collapses due to coronavirus

29 May 11:38 1 article

Portugal’s once-booming tourism collapses due to coronavirus

LISBON, May 29 — Portugal’s once-booming tourism sector collapsed in April as lockdowns to contain the spread of the coronavirus grounded flights and kept visitors from the country’s largest market Britain away. The National Statistics Institute (INE) said in its flash estimate today the...

29 May 11:38 Malaymail 302165936417785833.html
Affin Bank’s net profit falls to RM123.5m in Q1

29 May 12:44 1 article

Affin Bank’s net profit falls to RM123.5m in Q1

KUALA LUMPUR, May 29 — Affin Bank Bhd recorded a lower net profit of RM123.57 million in the first quarter ended March 31, 2020 (Q1 2020) from RM137.23 million in the same period last year. The decline was mainly due to additional allowance for credit impairment losses of RM117.1 million as...

29 May 12:44 Malaymail 302165934684636767.html
CIMB appoints ex-PNB chief Abdul Rahman Ahmad as group CEO

29 May 12:44 1 article

CIMB appoints ex-PNB chief Abdul Rahman Ahmad as group CEO

KUALA LUMPUR, May 29 — CIMB Group Holdings Bhd has appointed Datuk Abdul Rahman Ahmad as its group chief executive officer/ executive director (CEO/ ED), as well as CEO/ED of CIMB Bank Bhd, effective June 10, 2020. In a filing with Bursa Malaysia today, CIMB Group said Abdul Rahman, who is...

29 May 12:44 Malaymail 302165935137662355.html
BI sees rupiah strengthening to pre-pandemic level as it intervenes in market

29 May 08:53 1 article

BI sees rupiah strengthening to pre-pandemic level as it intervenes in market

BI has injected an additional Rp 167.6 trillion (US$11.33 billion) this month to stabilize the financial system.

29 May 08:53 The Jakarta Post 7678601104198145658.html
Ministry proposes $69m stimulus for fisheries, aquaculture

29 May 09:33 1 article

Ministry proposes $69m stimulus for fisheries, aquaculture

Minister Edhy Prabowo said the stimulus would include social aid for fishermen, fish farmers and salt farmers and funds to strengthen surveillance efforts against poaching.

29 May 09:33 The Jakarta Post 7678601104140907206.html
US taxpayers' virus relief went to firms that avoided taxes

29 May 10:15 1 article

US taxpayers' virus relief went to firms that avoided taxes

Reuters’ analysis of public data found around 110 publicly traded companies have each received $4 million or more in emergency aid from the program.

29 May 10:15 The Jakarta Post 7678601103729986444.html
Distressed retailer Party City seeks to cut debt with bond deal

29 May 12:29 1 article

Distressed retailer Party City seeks to cut debt with bond deal

Party City Holdco Inc., the retailer that has been working with restructuring advisers to cut its approximately US$2 billion debt load as social distancing scraps celebrations, is seeking approvals from creditors on a proposed deal that would trim its borrowings and inject fresh cash into the company.

29 May 12:29 BNN 3833521687786391936.html
The Daily Chase: GDP shrinks 7.2% in March; one-on-one with RBC's CEO

29 May 12:40 1 article

The Daily Chase: GDP shrinks 7.2% in March; one-on-one with RBC's CEO

This morning we’ll find out how sharply Canada’s economic output collapsed in the early days of COVID-19 lockdown measures.

29 May 12:40 BNN 3833521689123173906.html
U.S. merchandise trade fell in April to lowest level in a decade

29 May 12:56 1 article

U.S. merchandise trade fell in April to lowest level in a decade

U.S. merchandise trade in April slumped to the lowest level in a decade as the coronavirus pandemic curtailed demand and disrupted supply lines.

29 May 12:56 BNN 3833521688267407354.html
Economy worst in decade

29 May 07:02 1 article

Economy worst in decade

Statistics Canada says the economy in the first quarter had its worst showing since 2009 as steps taken to slow the spread of COVID-19 forced businesses across the country to close their doors and lay off workers.

29 May 07:02 Castanet 616068602185430582.html
Gas prices on the rise

29 May 09:42 1 article

Gas prices on the rise

If you haven't filled up yet, you might want to.

29 May 09:42 Castanet 616068601933258656.html
CannTrust back in business

29 May 10:36 1 article

CannTrust back in business

CannTrust Holdings Inc. says Health Canada has reinstated its licences for its greenhouse in Niagara and that it will immediately restart operations.

29 May 10:36 Castanet 616068602827983078.html
Feds won't mandate refunds

29 May 11:43 1 article

Feds won't mandate refunds

The federal government is not committing to a bailout of the Canadian airlines sector - but is also not planning to require air carriers to refund ticket holders for the flights cancelled during the COVID pandemic as some consumers have requested.

29 May 11:43 Castanet 616068603119071911.html
Aquaculture industry set to be a boon for Northern Australian economy

29 May 11:49 1 article

Aquaculture industry set to be a boon for Northern Australian economy

Northern Australian aquaculture is set to increase its production five-fold to exceed $1.34 billion in value and produce more than five times its current volume of fish, prawns and other seafood products ...

29 May 11:49 phys.org 3476726123122936238.html
Work and wellbeing bounce back during coronavirus crisis

29 May 11:50 1 article

Work and wellbeing bounce back during coronavirus crisis

Government measures to arrest the economic impact of COVID-19 have helped stop further job losses and declines in working hours, new analysis from The Australian National University (ANU) shows.

29 May 11:50 phys.org 3476726124809859489.html
How to keep supply chains reliable when the world's upended

29 May 12:47 1 article

How to keep supply chains reliable when the world's upended

In March, as COVID-19 cases spiked across the United States, hospitals faced a harrowing shortage of crucial medical supplies, from face masks and ventilators to the nasal swabs and chemicals needed for ...

29 May 12:47 phys.org 3476726124096601575.html
Biggest technology acquisitions 2020

29 May 03:06 1 article

Biggest technology acquisitions 2020

We round up the biggest technology industry mergers and acquisitions of the year so far

29 May 03:06 Computerworld 8450890021643308475.html
Wale Jana sends heartfelt apology to his investors

29 May 05:28 1 article

Wale Jana sends heartfelt apology to his investors

Embattled business man and CEO of Sapphire Scents, Wale Jana has taken to social media to apologize to his investors, as he submits himself to an independent recovery plan. Wale Jana’s business crumbled and investors’ money

29 May 05:28 LailasNews.com 2090029849774564677.html
[Update: More than half of stores worldwide now open] COVID-19: Which Apple Stores have reopened?

29 May 04:02 1 article

[Update: More than half of stores worldwide now open] COVID-19: Which Apple Stores have reopened?

Is your local Apple Store open? As some regions ease lockdown measures, Apple is beginning to reopen stores. Here's a list of every reopened location.

29 May 04:02 9to5Mac 8219339161174390306.html
Lockdown 4.0 May Be Last Of Its Kind; Economic Revival Is Now Everybody’s Priority

29 May 11:48 1 article

Lockdown 4.0 May Be Last Of Its Kind; Economic Revival Is Now Everybody’s Priority

We should see June as the transition month for a changeover from Lockdown 4.0 to Revival 1.0.

29 May 11:48 Swarajya 4977622830165543172.html
Property investor IPUT increases revolving credit facility by €50m

29 May 07:36 1 article

Property investor IPUT increases revolving credit facility by €50m

IPUT, one of Ireland's largest institutional property investors, has increased its revolving credit facility (‘RCF’) by €50m to €300m.

29 May 07:36 independent 5894610845267568909.html
Hostel owner Safestay positive it can welcome back guests under new plans

29 May 07:47 1 article

Hostel owner Safestay positive it can welcome back guests under new plans

London-listed hostel owner Safestay has said it plans to reopen over the course of the year but with major changes to the experience for customers, the company said.

29 May 07:47 independent 5894610844923098472.html
Starling Bank raises £40m as it lends to virus-hit small businesses

29 May 08:56 1 article

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

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

29 May 08:56 independent 5894610846122194672.html
Inflation pushes sharply into negative territory

29 May 11:06 1 article

Inflation pushes sharply into negative territory

Consumer price inflation here fell by a dramatic 0.9pc in May according to a first estimate by European Statistics Agency Eurostat.

29 May 11:06 independent 5894610845579897210.html
Get Instant PAN Card Through Aadhaar For Free: How to Apply

29 May 05:25 1 article

Get Instant PAN Card Through Aadhaar For Free: How to Apply

Online PAN card allotment just got easier and free. No more document hassle, as all an applicant needs is their Aadhaar number.

29 May 05:25 The Better India 450426084851907599.html
ALDE's Tariceanu: Romania ranks last in Europe in terms of share of aids for economy recovery

29 May 09:09 1 article

ALDE's Tariceanu: Romania ranks last in Europe in terms of share of aids for economy recovery

Alliance of Liberals and Democrats ( ALDE ) Chairman Calin Popescu-Tariceanu criticised the Government on Thursday evening, showing that it...

29 May 09:09 Stiri pe surse 4858045013140011768.html
DFS to reopen 88 showrooms today – the full list

29 May 11:14 1 article

DFS to reopen 88 showrooms today – the full list

The furniture retailer has reopened more of its stores

29 May 11:14 men 6694993428065408201.html
Trafford Council lends Manchester Airport nearly £13m as part of major loan package

29 May 11:29 1 article

Trafford Council lends Manchester Airport nearly £13m as part of major loan package

Concerns have previously been expressed about the authority's level of borrowing by its own councillors

29 May 11:29 men 6694993429381752858.html
Buhari submits Nigeria's budget to parliament

29 May 05:35 1 article

Buhari submits Nigeria's budget to parliament

The proposal sent to both chambers of Parliament on Thursday is only marginally lower than the record 10.59 trillion naira budget approved in December by Buhari. It follows the inclusion of new items,

29 May 05:35 Africanews 6630243979316116349.html
Consumer confidence lifts in May but still at record lows - bank survey

29 May 02:00 1 article

Consumer confidence lifts in May but still at record lows - bank survey

Major purchase intentions have improved but over half of respondents expect bad times ahead.

29 May 02:00 Newshub 2131266986620812823.html
Givealittle page raises money for drought-stricken Hawke's Bay farmers

29 May 04:19 1 article

Givealittle page raises money for drought-stricken Hawke's Bay farmers

"There is a massive and critical lack of feed, and some farmers are in dire situations, mentally exhausted and trying to keep stock alive."

29 May 04:19 Newshub 2131266986674628477.html
Government invests $800,000 in King Country freshwater project

29 May 04:49 1 article

Government invests $800,000 in King Country freshwater project

The announcement comes after new freshwater regulations were announced on Thursday.

29 May 04:49 Newshub 2131266986767745989.html
Take steps to help realty sector: Sharad Pawar seeks PM Modi's intervention to revive sector

29 May 00:30 1 article

Take steps to help realty sector: Sharad Pawar seeks PM Modi's intervention to revive sector

29 May 00:30 Free Press Journal 9080771787454953357.html
BookMyShow lays off, furloughs 270 employees

29 May 01:19 1 article

BookMyShow lays off, furloughs 270 employees

Online ticket booking platform BookMyShow has laid off or furloughed 270 employees as it expects its revenue to be "greatly reduced" in the coming months, hit by the COVID-19 pandemic and lockdown.

29 May 01:19 Free Press Journal 9080771788600285577.html
The green energy acceleration in the post-COVID-19 world

29 May 01:30 1 article

The green energy acceleration in the post-COVID-19 world

29 May 01:30 Free Press Journal 9080771788888432636.html
Blue Star to raise Rs 300 crore via NCDs

29 May 09:44 1 article

Blue Star to raise Rs 300 crore via NCDs

29 May 09:44 Free Press Journal 9080771788639382556.html
Gold and silver rates today spikes up in Bangalore, Hyderabad, Kerala, Vizag - 29 May 2020

29 May 03:45 1 article

Gold and silver rates today spikes up in Bangalore, Hyderabad, Kerala, Vizag - 29 May 2020

Gold and silver rates today 29 May 2020 : Gold rates, which have seen a decline till Thursday have rose by a maximum amount in Friday.

29 May 03:45 The Hans India 817019414003089398.html
Petrol, diesel prices unchanged in Delhi, Hyderabad, Chennai, Mumbai - 29 May 2020

29 May 03:51 1 article

Petrol, diesel prices unchanged in Delhi, Hyderabad, Chennai, Mumbai - 29 May 2020

Petrol and diesel prices have been unchanged at major metro cities on Friday May 28.

29 May 03:51 The Hans India 817019414866156854.html
Derivatives Data Shows That Even After 150% Rally, Bitcoin Is Far From Topping Out

29 May 01:00 1 article

Derivatives Data Shows That Even After 150% Rally, Bitcoin Is Far From Topping Out

Over the past few weeks, analysts have said Bitcoin is finally finding a local top.

29 May 01:00 NewsBTC 7232133511597096872.html
As Jobs Vanish, Salaried Workers Become Gig Economy 'Partners' With Swiggy, Zomato And Amazon

29 May 03:25 1 article

As Jobs Vanish, Salaried Workers Become Gig Economy 'Partners' With Swiggy, Zomato And Amazon

With a recession on the horizon, workers are turning to the one sector that appears to pandemic proof: home delivery.

29 May 03:25 HUFFPOST 6665507017950697271.html
Bangladeshi eggplant farmers reap rewards via genetics

29 May 04:00 1 article

Bangladeshi eggplant farmers reap rewards via genetics

Farmers in Bangladesh achieved significantly higher yields and revenues by growing insect-resistant, genetically engineered eggplant, a new Cornell study has found.

29 May 04:00 EurekAlert! 8889232469296364613.html
Towards a climate neutral Europe: The land sector is key

29 May 04:00 1 article

Towards a climate neutral Europe: The land sector is key

Land use choices can have a significant impact on climate change mitigation and help meet the increased ambition foreseen by the 'European Green Deal'. It is time to step up efforts to quantify the land sector's carbon emissions and removals. A study, which includes the CMCC Foundation's participation, analyses the EU regulations in force on the subject, which to date still place limits on the contribution that the land use sector can make to achieving the Union's climate objectives.

29 May 04:00 EurekAlert! 8889232468958691263.html
Better prepared for future crises

29 May 04:00 1 article

Better prepared for future crises

Although there were early warnings of an exponentially growing pandemic, most policymakers around the world were unprepared and reluctant to act when Covid-19 first spread from China around the world. In an article published in the Journal of Risk Research, Aengus Collins, Marie-Valentine Florin (both EPFL International Risk Governance Center) and IASS Scientific Director Ortwin Renn analyze the key factors and offer recommendations on how we can better prepare for future crises.

29 May 04:00 EurekAlert! 8889232468412973641.html
Australian Small Business and Family Enterprise Ombudsman Kate Carnell answers your questions

29 May 05:39 1 article

Australian Small Business and Family Enterprise Ombudsman Kate Carnell answers your questions

Small businesses are hurting, but stepping up to play their part in the nations post-COVID recovery. Australian Small Business and Family Enterprise Ombudsman Kate Carnell was online today to answer readers questions.  

29 May 05:39 The Daily Telegraph 1055835840916679377.html
Bitcoin May Surge as Chinese Yuan Gets Fixed to Lowest Price in a Decade

29 May 10:00 1 article

Bitcoin May Surge as Chinese Yuan Gets Fixed to Lowest Price in a Decade

Unlike Bitcoin and other free markets, the Chinese yuan market is fixed and somewhat controlled by the country's central bank. As Wikipedia describes:

29 May 10:00 Bitcoinist.com 1696346937759561100.html
Ethereum Just Breached a Crucial Level, and That Means Bitcoin May Rip Higher

29 May 12:00 1 article

Ethereum Just Breached a Crucial Level, and That Means Bitcoin May Rip Higher

After days of stagnating, both Bitcoin and Ethereum have registered strong gains over the past 48 hours. While it is normally BTC leading the pack, this

29 May 12:00 Bitcoinist.com 1696346936959431748.html
Amazon prepares Summer Sale to win back lost customers

29 May 01:01 1 article

Amazon prepares Summer Sale to win back lost customers

With Prime Day reportedly delayed, the e-commerce giant might still flog some bargains soon

29 May 01:01 Tech Advisor 6450858317624653538.html
Long Odds: China's bet on REITs draws skeptics

29 May 00:03 1 article

Long Odds: China's bet on REITs draws skeptics

SHANGHAI/BEIJING — China’s plans to introduce real estate investment trusts (REITs) mark a crucial step to get private money to fund infrastructure such as toll roads and sewage systems, but authorities have their work cut out in creating a fully-fledged market.

29 May 00:03 Financial Post 2379081491694723540.html
Big Banks Must Face Forex Manipulation Claims, U.S. Judge Rules

29 May 00:36 1 article

Big Banks Must Face Forex Manipulation Claims, U.S. Judge Rules

(Bloomberg) — A group of banks failed to persuade a judge to throw out a lawsuit claiming they conspired to rig foreign exchange rates.

29 May 00:36 Financial Post 2379081492682377321.html
China cbank injects 670 bln yuan via reverse repos for week, rate unchanged

29 May 02:07 1 article

China cbank injects 670 bln yuan via reverse repos for week, rate unchanged

SHANGHAI — China’s central bank kept the interest rate on seven-day reverse repurchase agreements unchanged at 2.

29 May 02:07 Financial Post 2379081491983817904.html
Australian clothing retailer PAS Group enters voluntary administration

29 May 02:21 1 article

Australian clothing retailer PAS Group enters voluntary administration

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

29 May 02:21 Financial Post 2379081492930333200.html
Indian IT firm Wipro names Thierry Delaporte as CEO

29 May 03:25 1 article

Indian IT firm Wipro names Thierry Delaporte as CEO

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

29 May 03:25 Financial Post 2379081493131504019.html
More central banks eye yield curve control. How does Japan's work?

29 May 03:58 1 article

More central banks eye yield curve control. How does Japan's work?

TOKYO — The Bank of Japan’s yield curve control (YCC) is drawing attention from other central banks, including the U.

29 May 03:58 Financial Post 2379081492514356183.html
Merkel Is Seizing Her Chance to Revolutionize Germany's Economy

29 May 04:01 1 article

Merkel Is Seizing Her Chance to Revolutionize Germany's Economy

(Bloomberg) — On a gloomy Friday in March, with the devastation of the coronavirus becoming clear, senior officials in Chancellor Angela Merkel’s government realized that extraordinary measures were needed to shore up Europe’s largest economy.

29 May 04:01 Financial Post 2379081492845340091.html
Reveal Group is First and Only Partner to Achieve Blue Prism "Double Platinum" Capability Certification

29 May 05:11 1 article

Reveal Group is First and Only Partner to Achieve Blue Prism "Double Platinum" Capability Certification

Company Sets New Standard for Intelligent Automation Delivery CapabilitiesNEW YORK & SYDNEY — Reveal Group, a global leader in Robotic Process Automation (RPA) and Intelligent Automation deployments, today announced that it has been recognized by Blue Prism (AIM: PRSM) as the first and only certified Double Platinum Capability and Delivery Provider in the world.

29 May 05:11 Financial Post 2379081492553382058.html
Vestager says she is not placing extra hurdles in way of Lufthansa bailout

29 May 09:20 1 article

Vestager says she is not placing extra hurdles in way of Lufthansa bailout

BRUSSELS — EU antitrust chief Margrethe Vestager on Friday denied that she is placing additional hurdles in the way of Lufthansa’s $10 billion government rescue, which has been held up by her demand for the stricken airline to give up airport slots.

29 May 09:20 Financial Post 2379081491987432001.html
Italian BTP yields flatten after strong issuance

29 May 10:33 1 article

Italian BTP yields flatten after strong issuance

LONDON — Italian government bonds stabilized on Friday after a new issuance and as investors waited for a European Commission rescue plan to take form, with yields across the euro zone mostly neutral.

29 May 10:33 Financial Post 2379081492301003958.html
Isuzu expects pick-up demand in Thailand to drop 35%

29 May 03:56 1 article

Isuzu expects pick-up demand in Thailand to drop 35%

With sales significantly impacted by the Covid-19 outbreak, Isuzu expects that the demand for pick-up trucks and other light commercial vehicles (LCV) in

29 May 03:56 Paul Tan's Automotive News 7862472105556164355.html
June 2020 week one fuel price – RON 95 goes up to RM1.43, RON 97 to RM1.73, diesel up 10 sen to RM1.61

29 May 10:19 1 article

June 2020 week one fuel price – RON 95 goes up to RM1.43, RON 97 to RM1.73, diesel up 10 sen to RM1.61

Another Friday, which means its time for the regular weekly fuel price update. Not so pleasant news yet again for motorists as fuel prices continue on an

29 May 10:19 Paul Tan's Automotive News 7862472105854545766.html
Renault to cut 15,000 jobs, save RM9.7 billion by 2024

29 May 11:16 1 article

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

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

29 May 11:16 Paul Tan's Automotive News 7862472106882391314.html
Government's self-employment support scheme extended – what you need to know

29 May 00:00 1 article

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

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

29 May 00:00 MoneySavingExpert.com 6484313545364794146.html
Coronavirus Employees' Help

29 May 00:00 1 article

Coronavirus Employees' Help

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

29 May 00:00 MoneySavingExpert.com 6484313545289532384.html
Working groups on economic task force to synergize efforts to revive economy: Conrad

29 May 00:00 1 article

Working groups on economic task force to synergize efforts to revive economy: Conrad

GUWAHATI: Meghalaya Chief Minister, Conrad Sangma on Friday tweeted that the six Working Groups of the Economic Task Force on COVID-19 pandemic would work in tandem to draw up a systematic and synergistic plan to revive the economy of Meghalaya and c

29 May 00:00 The Shillong Times 2998999880425401929.html
SAVE OUR LUNGS, SAVE OUR HEART – SAVE DEHING PATKAI

29 May 00:00 1 article

SAVE OUR LUNGS, SAVE OUR HEART – SAVE DEHING PATKAI

 By Joanna Dawson & Saurav Malhotra,The first quarter of 2020 ushered in an economic crisis second only to the Great Depression. This is no ordinary crisis, but an ecological crisis of deforestation and wildlife-human virus transmission that has

29 May 00:00 The Shillong Times 2998999880259791100.html
Discount website helping shoppers save money during lockdown

29 May 09:48 1 article

Discount website helping shoppers save money during lockdown

Shoppers can get their hands on cheap big brand names and ex-supermarket items

29 May 09:48 Liverpool Echo 7727211173151620758.html
PM Kariņš: "In retrospect, we were right" on coronavirus strategy

29 May 06:35 1 article

PM Kariņš: "In retrospect, we were right" on coronavirus strategy

Prime Minister Krišjānis Kariņš gave an update on the economic and business environment created by the coronavirus crisis May 29 in an online discussion hosted by the American Chamber of Commerce in Latvia and the Foreign Investors' Council in Latvia.

29 May 06:35 Public broadcasting of Latvia 4233150811062526866.html
ACT govt rules out business loans and grants, hospitality package welcomed

29 May 07:30 1 article

ACT govt rules out business loans and grants, hospitality package welcomed

Chief Minister Andrew Barr says assistance for other ailing sectors is being considered.

29 May 07:30 The Canberra Times 8662394328659434811.html
New Recycling Consortium an Open Call to Curb Textile Waste in Philly

29 May 04:01 1 article

New Recycling Consortium an Open Call to Curb Textile Waste in Philly

Recycling start-up Retrievr makes an open call to fashion brands to partake in the recycling journey in Philadelphia.

29 May 04:01 WWD 5490910669483407290.html
Stine Goya on Rethinking Scale — and the Runway

29 May 04:01 1 article

Stine Goya on Rethinking Scale — and the Runway

The popular Danish label's creative director and ceo speak of their decision to skip two fashion week seasons, scale down collections and accelerate their sustainability commitments.

29 May 04:01 WWD 5490910668878962078.html
Furla to Open New Plant, Introduce New Store Concept

29 May 04:01 1 article

Furla to Open New Plant, Introduce New Store Concept

The Italian accessories company has been streamlining its distribution and raising its positioning.

29 May 04:01 WWD 5490910669615320701.html
Stimulus Checks Fuel U.S. Retail Sales but Global Picture Remains Dim

29 May 04:30 1 article

Stimulus Checks Fuel U.S. Retail Sales but Global Picture Remains Dim

Consumers new to online shopping are helping to drive sales.

29 May 04:30 WWD 5490910669654221383.html
Datalogic Makes Investment in AWM Smart Shelf

29 May 04:30 1 article

Datalogic Makes Investment in AWM Smart Shelf

The deal positions Datalogic for growth into new technology areas.

29 May 04:30 WWD 5490910668995989931.html
Galeries Lafayette Cleared to Open Haussmann Store on May 30

29 May 09:46 1 article

Galeries Lafayette Cleared to Open Haussmann Store on May 30

The department store will offer discounts of up to 50 percent.

29 May 09:46 WWD 5490910668428798525.html
Davines Group’s President on ‘Being There’ in Moments of Need

29 May 11:00 1 article

Davines Group’s President on ‘Being There’ in Moments of Need

Giving voice to hairdressers and beauty operators, Davide Bollati has been instrumental in getting the Italian professional industry running.

29 May 11:00 WWD 5490910668999387881.html
Will Hotels Win Back Customers By Cleaning Up Their Act (Literally)?

29 May 00:21 1 article

Will Hotels Win Back Customers By Cleaning Up Their Act (Literally)?

Hotels have seen their business slowed to a near stop and now they are working to stress cleanliness in a bid to get consumers checking in again.

29 May 00:21 PYMNTS.com 7357138825128448276.html
SDF Invests $550K In SatoshiPay For B2B X-Border Solution

29 May 00:31 1 article

SDF Invests $550K In SatoshiPay For B2B X-Border Solution

The Stellar Development Foundation has invested $550,000 in SatoshiPay's development of a B2B cross-border payments solution and its digital wallets.

29 May 00:31 PYMNTS.com 7357138824986138292.html
Green Dot To Launch Mobile Banking For US Immigrants

29 May 02:00 1 article

Green Dot To Launch Mobile Banking For US Immigrants

Welcome Technologies is partnering with Green Dot for the PODERCard, which will help U.S. Hispanic immigrants access digital banking services.

29 May 02:00 PYMNTS.com 7357138826047727352.html
Kudlow: Gov’t Eyes Cash Bonuses To Get People Back To Work

29 May 02:23 1 article

Kudlow: Gov’t Eyes Cash Bonuses To Get People Back To Work

Larry Kudlow, director of the U.S. National Economic Council, said on CNBC that the government may decide to offer cash incentives for people to go back to work.

29 May 02:23 PYMNTS.com 7357138825161553226.html
USDA’s SNAP Benefits Can Used In 25 States, DC To Buy Groceries From Amazon

29 May 06:33 1 article

USDA’s SNAP Benefits Can Used In 25 States, DC To Buy Groceries From Amazon

SNAP benefits will now work for buying groceries on Amazon and other associated partners in up to 25 states.

29 May 06:33 PYMNTS.com 7357138825484899500.html
UPS Adds Peak Delivery Surcharge To Manage eCommerce Demand Amid Pandemic

29 May 07:01 1 article

UPS Adds Peak Delivery Surcharge To Manage eCommerce Demand Amid Pandemic

UPS will charge an extra fee for companies shipping certain amounts of packages.

29 May 07:01 PYMNTS.com 7357138826575622443.html
QSR Orders Have Gone Digital And Fraudsters Want A Piece Of The Pie

29 May 08:00 1 article

QSR Orders Have Gone Digital And Fraudsters Want A Piece Of The Pie

Rich Stuppy of Kount talks about why quick-service restaurants that are going digital need to think about fraud prevention from the very start.

29 May 08:00 PYMNTS.com 7357138826294875857.html
How Faster Disbursements Can Help Solve Patients’ Payment Pain Points

29 May 08:00 1 article

How Faster Disbursements Can Help Solve Patients’ Payment Pain Points

The Faster Healthcare Payments Report examines the how payment modernizations to accelerate patient disbursements help them afford healthcare's high costs.

29 May 08:00 PYMNTS.com 7357138826374435129.html
Charting The Travel Industry’s Next Adventure

29 May 08:02 1 article

Charting The Travel Industry’s Next Adventure

The pandemic decimated the travel industry in the first half of 2020, but industry experts are hopeful consumers will want to travel again soon. Here's why.

29 May 08:02 PYMNTS.com 7357138825025045522.html
Mastercard Debuts COVID-Recovery Data Tools For Business, Gov’t

29 May 11:01 1 article

Mastercard Debuts COVID-Recovery Data Tools For Business, Gov’t

Mastercard is offering its data insight tools to businesses and governmental bodies looking to try and assess how to move out of the pandemic.

29 May 11:01 PYMNTS.com 7357138826553410563.html
Deep Dive: Offering An End-To-End Experience Through ATMs

29 May 11:30 1 article

Deep Dive: Offering An End-To-End Experience Through ATMs

This Deep Dive explores the latest ATM banking innovations and credit unions' redefined roles as COVID-19 restrictions alter their relationships with members.

29 May 11:30 PYMNTS.com 7357138825202369458.html
EU recovery fund plan ‘absurd,’ Orbán says

29 May 09:45 1 article

EU recovery fund plan ‘absurd,’ Orbán says

Hungarian PM complains scheme would mean ‘financing the rich from the money of the poor.’

29 May 09:45 POLITICO 2584151346693986851.html
Tulip Time Festival needs to raise $1M after pandemic losses

29 May 00:00 1 article

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

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

29 May 00:00 The Washington Times 8941836441677125235.html
California to vote on business tax hike worth up to $12B

29 May 00:00 1 article

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

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

29 May 00:00 The Washington Times 8941836441292428621.html
JobKeeper could be extended, says Peter Dutton

29 May 08:57 1 article

JobKeeper could be extended, says Peter Dutton

Home Affairs Minister Peter Dutton has confirmed the government is willing to be flexible with the end date for JobKeeper wage subsidies.

29 May 08:57 The New Daily 5848147786339287758.html
Amazon Australia's Mid-Year Sale 2020: The Best Deals So Far

29 May 11:20 1 article

Amazon Australia's Mid-Year Sale 2020: The Best Deals So Far

Being cooped up inside for weeks on end has given many of us the urge to splurge. With the announcement of Amazon's month-long Mid-Year Sale, you'll now be able to do that without throwing away too many of your precious pennies....

29 May 11:20 Lifehacker Australia 3742423169750873653.html
Grupo Supervielle: 1Q Earnings Snapshot

29 May 10:02 1 article

Grupo Supervielle: 1Q Earnings Snapshot

BUENOS AIRES, Argentina (AP) _ Grupo Supervielle SA (SUPV) on Thursday reported first-quarter net income of $7.4 million. The Buenos Aires, Argentina-based bank said it had earnings of 8 cents per share. Earnings, adjusted for non-recurring costs, came to 26 cents per share. The results topped Wall Street expectations. The average estimate of three analysts …

29 May 10:02 City NEWS 1130 5858657119391038509.html
Most actively traded companies on the TSX

29 May 10:32 1 article

Most actively traded companies on the TSX

TORONTO — Some of the most active companies traded Friday on the Toronto Stock Exchange: Toronto Stock Exchange (15,192.83, down 69.90 points.) Bombardier Inc. (TSX:BBD.B). Industrials. Down 3.5 cents, or 7.29 per cent, to 44.5 cents on 122 million shares. B2Gold Corp. (TSX:BTO). Materials. Up 46 cents, or 6.45 per cent, to $7.59 on 72.6 million …

29 May 10:32 City NEWS 1130 5858657120301230852.html
CMSC announces virtual experience for healthcare professionals

29 May 07:10 1 article

CMSC announces virtual experience for healthcare professionals

The Consortium of Multiple Sclerosis Centers (CMSC) is pleased to announce a state-of-the-art virtual experience for healthcare professionals to learn about the latest products, innovations, and services from industry supporters and partners to optimize MS care.

29 May 07:10 News-Medical.net 4522523031392026551.html
U.N. calls on nations to take action in six areas to limit COVID-19's financial impact

29 May 02:30 1 article

U.N. calls on nations to take action in six areas to limit COVID-19's financial impact

May 28 (UPI) -- U.N. Secretary-General Antonio Guterres on Thursday called for countries throughout the world to work to take action in six areas to limit the financial impacts of the COVID-19 pandemic.

29 May 02:30 UPI 8257973864198460673.html
Redesigning business processes for contactless operations

29 May 00:00 1 article

Redesigning business processes for contactless operations

Blog » As the world fights against Covid19, businesses are desperately struggling to cope and sustain in the rapidly evolving commercial landscape. Long-lasting

29 May 00:00 The Eastern Herald 7420825546200440625.html
How private equity is a risky play for the economy and jobs

29 May 06:01 1 article

How private equity is a risky play for the economy and jobs

Beyond the stock market and big banks, one of the biggest players in the economy operates with no regulation and an often-destructive track record.

29 May 06:01 The Seattle Times 9121942836567591831.html
Robinhood Names Surabhi Gupta as VP of Engineering

29 May 07:13 1 article

Robinhood Names Surabhi Gupta as VP of Engineering

Robinhood has expanded its Engineering team with the appointment of Surabhi Gupta, who has been named as the Vice President of Engineering.

29 May 07:13 Finance Magnates 8992138266097696111.html
US Court Approves FX-Rigging Lawsuit Against 15 Big Banks

29 May 07:18 1 article

US Court Approves FX-Rigging Lawsuit Against 15 Big Banks

A United States court has agreed on permitting institutional investors to pursue a class-action lawsuit against 15 major banks for rigging forex rates.

29 May 07:18 Finance Magnates 8992138265121713231.html
Breaking: SC of The Bahamas to Implement Massive Regulatory Changes

29 May 07:30 1 article

Breaking: SC of The Bahamas to Implement Massive Regulatory Changes

The Securities Commission of The Bahamas is set to implement a range of new regulations, including leverage restrictions and banning binary options.

29 May 07:30 Finance Magnates 8992138266332190382.html
Sberbank Forms Swiss Entity for Physical Commodities Trading

29 May 08:13 1 article

Sberbank Forms Swiss Entity for Physical Commodities Trading

Sberbank has announced on Friday its expansion into the commodities market with the opening of a trading company in Switzerland.

29 May 08:13 Finance Magnates 8992138266343191228.html
Plus500 Share Price Continues to Fall, Repurchases 22.5K Own Shares

29 May 08:14 1 article

Plus500 Share Price Continues to Fall, Repurchases 22.5K Own Shares

Plus500 continues its share buyback program, with the company announcing via a regulatory filing that it has purchased 22,500 of its own ordinary shares.

29 May 08:14 Finance Magnates 8992138266167768801.html
MaiCapital Launches Bitcoin-Based Quant Fund

29 May 08:55 1 article

MaiCapital Launches Bitcoin-Based Quant Fund

MaiCapital Limited today announced this week the launch of its second crypto-themed quantitative hedge fund, Bitcoin+ Investment Fund1.

29 May 08:55 Finance Magnates 8992138266093605484.html
MetaTrader 5 Platform Updated with Negative Price Capabilities

29 May 08:58 1 article

MetaTrader 5 Platform Updated with Negative Price Capabilities

MetaQuotes announced this Friday, that it has rolled out a series of updates to its MetaTrader 5 platform, including adding negative price capabilities.

29 May 08:58 Finance Magnates 8992138266449484932.html
Northern Trust Enters Strategic Alliance with BlackRock

29 May 10:04 1 article

Northern Trust Enters Strategic Alliance with BlackRock

Northern Trust has, as part of its continuing strategy to provide integrated products and technology, today entered into an alliance with BlackRock .

29 May 10:04 Finance Magnates 8992138265300624091.html
Wedbush Futures Partners with The Small Exchange

29 May 10:56 1 article

Wedbush Futures Partners with The Small Exchange

Wedbush Futures announced its partnership with The Small Exchange, a new Futures exchange offering smaller, standardized products.

29 May 10:56 Finance Magnates 8992138266563785895.html
PruPay Building Text-Based Payments System with PayPal

29 May 11:02 1 article

PruPay Building Text-Based Payments System with PayPal

Payments technology company PruPay has teamed up with Paypal to develop a text-based payments system, allowing merchants to request one-time payments from customers.

29 May 11:02 Finance Magnates 8992138265209422299.html
Playboy Lays Off Remaining Editorial Staff, Pivots to e-Commerce

29 May 02:42 1 article

Playboy Lays Off Remaining Editorial Staff, Pivots to e-Commerce

The once-legendary publication ended print editions in March, now lays off digital staff

29 May 02:42 TheWrap 2361432282261191202.html
Wine Aid Aims to Keep Chefs in Work and Wineries in Business One Case of Vino at a Time

29 May 00:00 1 article

Wine Aid Aims to Keep Chefs in Work and Wineries in Business One Case of Vino at a Time

And the reward for buying a mystery box of organic wine? It’ll get an out-of-work hospo worker a square meal.

29 May 00:00 Broadsheet 1032174913307338785.html
Tasting Australia Will Not Go Ahead in 2020

29 May 00:00 1 article

Tasting Australia Will Not Go Ahead in 2020

Originally shelved until October, the state’s biggest food and drink festival will now return in autumn 2021.

29 May 00:00 Broadsheet 1032174911820263144.html
Apathy to farmers: AIKSSS sends memo to PM

29 May 00:00 1 article

Apathy to farmers: AIKSSS sends memo to PM

The All India Kissan Sangharsa Samanway Samiti (AIKSSS),Odisha unit, sent a memorandum to the Prime Minister of India on continued neglect to farmers’ problems and expressing dissatisfaction over the relief packages by the Government. The Samiti demanded ‘Sampoorna Karjamukti’ (full

29 May 00:00 The Pioneer 1146783232881392366.html
MCD unlikely to resume property tax collection from June 1

29 May 00:00 1 article

MCD unlikely to resume property tax collection from June 1

The Municipal Corporation of Dehradun (MCD) will not resume property tax collection from June 1. The tax section of the corporation was closed for the public since the middle of March due to Covid-19 pandemic due to which many property tax payers of the city have not submitted their property

29 May 00:00 The Pioneer 1146783232658483202.html
Phygital is the way forward’

29 May 00:00 1 article

Phygital is the way forward’

Balbir Singh Dhillon, Audi India’s head, hopes that the sales will bounce back in the country powered by the YOLO mentality of customers As the country limps back to a sense of normalcy, I spoke with Balbir Singh Dhillon, Audi India’s boss about how he believes the luxury car market in India

29 May 00:00 The Pioneer 1146783232409632176.html
LG Joins Google, IBM, Boeing in Hedera Hashgraph’s Governing Council

29 May 07:37 1 article

LG Joins Google, IBM, Boeing in Hedera Hashgraph’s Governing Council

International giant LG Electronics joined the Hedera Governing Council. The inner company body is set to deal with and oversee the governance of the

29 May 07:37 CryptoPotato 7087008390085992739.html
Blockchain Firm BitClave Agrees To Pay Almost $30 Million Following SEC Charges

29 May 09:59 1 article

Blockchain Firm BitClave Agrees To Pay Almost $30 Million Following SEC Charges

Blockchain-based company BitClave PTE Ltd. reached an agreement to settle all charges brought by the US Securities and Exchange Commission (SEC) and will

29 May 09:59 CryptoPotato 7087008390652359506.html
UK Seizing £150 Million From Dormant Accounts Proves Why We Need Bitcoin

29 May 11:46 1 article

UK Seizing £150 Million From Dormant Accounts Proves Why We Need Bitcoin

Less than a week ago, the Government of the United Kingdom ‘unlocked’ £150 million from dormant accounts to help tackle the coronavirus pandemic. While it

29 May 11:46 CryptoPotato 7087008390469709366.html
The Govt Just Axed Its Fucked Robodebt Scheme & Is Now Refunding A Casual $721 Million

29 May 06:07 1 article

The Govt Just Axed Its Fucked Robodebt Scheme & Is Now Refunding A Casual $721 Million

The Australian Federal Government has today announced that they will refund the $721 million worth of funds recouped by the robodebt scheme.

29 May 06:07 Pedestrian TV 5961900144341262654.html
A Rundown On What We’ve Been Spending Our Cash On During Iso & Wow, That’s A Lot Of Puzzles

29 May 07:44 1 article

A Rundown On What We’ve Been Spending Our Cash On During Iso & Wow, That’s A Lot Of Puzzles

Food delivery spending has gone through the roof, as expected.

29 May 07:44 Pedestrian TV 5961900146308224759.html
B&M garden and DIY sales soar during lockdown

29 May 10:33 1 article

B&M garden and DIY sales soar during lockdown

Dozens of discount stores closed during the coronavirus crisis have now reopened

29 May 10:33 Wales Online 7686550517579302728.html
Lidl issues warning over fraudulent competition

29 May 11:00 1 article

Lidl issues warning over fraudulent competition

The con gets people to pay to enter a fictitious contest

29 May 11:00 Wales Online 7686550516268612432.html
You can now get a delivery even if supermarkets have no slots free

29 May 11:53 1 article

You can now get a delivery even if supermarkets have no slots free

The service allows you to get someone else to do your shopping and bring it to your house

29 May 11:53 Wales Online 7686550515598411092.html
Worldwide Online Gambling & Betting Market Is On the Rise

29 May 07:39 1 article

Worldwide Online Gambling & Betting Market Is On the Rise

In the recent past, online gambling’s popularity has been on the rise. Technological advancements and increased use of smartphones have played a significant role in the increase in gambling. These two factors have enabled more people to access casinos online.  It is estimated that there are more than 1.6 billion punters around the world. The […]

29 May 07:39 GhBase.com 8689748847812846111.html
Circor: 1Q Earnings Snapshot

29 May 11:11 1 article

Circor: 1Q Earnings Snapshot

BURLINGTON, Mass. (AP) _ Circor International Inc. (CIR) on Friday reported a loss of $78.9 million in its first quarter.

29 May 11:11 680News 8014034333863259923.html
Ping An Voyager Fund Leads Investment in PlusDental to Enhance Modern Dentistry in Europe

29 May 03:41 1 article

Ping An Voyager Fund Leads Investment in PlusDental to Enhance Modern Dentistry in Europe

HONG KONG and SHANGHAI, May 29, 2020 /PRNewswire/ -- Ping An Insurance (Group) Company of China, Ltd. (hereafter "Ping An" or the "Group", HKEx:23...

29 May 03:41 finanzen.at 7258357742459755597.html
Favored Tech Announces Global Availability of FT-Nano Green 1008, the Most Advanced Corrosion Protection for Electronic Devices

29 May 03:45 1 article

Favored Tech Announces Global Availability of FT-Nano Green 1008, the Most Advanced Corrosion Protection for Electronic Devices

CUPERTINO, Calif., May 29, 2020 /PRNewswire/ -- Favored Tech's early access customers have started production shipments of products protected by F...

29 May 03:45 finanzen.at 7258357743885477332.html
Will Zimbocash Succeed Where Others Failed As Alternative Currency?

29 May 10:30 1 article

Will Zimbocash Succeed Where Others Failed As Alternative Currency?

Zimbabwe’s crypto community got lit up when it was reported that Zimbocash, a local cryptocurrency was listed on Bithumb. Whether Zimbocash will suceed.

29 May 10:30 iHarare News 2755902708300895592.html
An economic turning point for Europe?

29 May 09:50 1 article

An economic turning point for Europe?

The coronavirus may finally shock the continent out of its austerity mindset

29 May 09:50 The Week 149215355686762931.html
Aussie shares slip early after Wall St stumble

29 May 00:14 1 article

Aussie shares slip early after Wall St stumble

The Australian share market has opened lower after Wall St dipped amid US-China trade tensions.

29 May 00:14 WAtoday 6806590900697769898.html
Buy Foot Locker For 50% Upside as the Economy Reopens

29 May 10:01 1 article

Buy Foot Locker For 50% Upside as the Economy Reopens

Beaten and bruised FL stock is ready to rip higher as the U.S. economy reopens and rebounds in the coming months. Foot Locker has 50% upside.

29 May 10:01 InvestorPlace 24614509126127668.html
Avoid GE Stock? Depends if You’re Trading or Investing

29 May 10:16 1 article

Avoid GE Stock? Depends if You’re Trading or Investing

General Electric may not make for a great investment, but GE stock it has some upside and a well-established bottom.

29 May 10:16 InvestorPlace 24614509530578689.html
3 Reasons to Buy Microsoft on the Next Dip

29 May 10:31 1 article

3 Reasons to Buy Microsoft on the Next Dip

Microsoft stock is trying to make new highs, as bulls continue to bid the stock higher. Here are a few reasons to still like MSFT.

29 May 10:31 InvestorPlace 24614510083022809.html
Discounted Alibaba Stock Is a Tempting Buy Now

29 May 10:46 1 article

Discounted Alibaba Stock Is a Tempting Buy Now

Alibaba stock is likely to come under short-term pressure, but its aggressive growth rate makes it a good long-term play.

29 May 10:46 InvestorPlace 24614510202687908.html
Hearo.Live: Going Virtual With Live Events

29 May 11:01 1 article

Hearo.Live: Going Virtual With Live Events

Hearo built an app to capitalize on the growth in eSports. It's now raising capital from people wanting to invest in Hearo.Live.

29 May 11:01 InvestorPlace 24614509485175518.html
AMD Stock May Look Weak, but There’s Still Lots of Opportunity

29 May 11:17 1 article

AMD Stock May Look Weak, but There’s Still Lots of Opportunity

It’s had a great run and there’s now evidence of better things to come, but AMD stock investors need to respect a good defensive game first.

29 May 11:17 InvestorPlace 24614510158728124.html
Canopy Growth Stock Is Still Among the Most Compelling Marijuana Plays

29 May 11:39 1 article

Canopy Growth Stock Is Still Among the Most Compelling Marijuana Plays

CGC stock is well-positioned to become a leader in the cannabis industry with its steady partnership with a beverage industry giant.

29 May 11:39 InvestorPlace 24614510498211832.html
Marathon Oil Stock Will Continue to Limp Along as the Pandemic Continues

29 May 11:48 1 article

Marathon Oil Stock Will Continue to Limp Along as the Pandemic Continues

MRO stock is down 56% from last December, and it doesn't seem like stock will rally anytime soon considering the volatility in the market

29 May 11:48 InvestorPlace 24614509883249201.html
Nvidia Is Showing Investors It’s More Than Fun and Games

29 May 12:04 1 article

Nvidia Is Showing Investors It’s More Than Fun and Games

With the tech firm's investments in AI and autonomous innovations, NVDA stock has more catalysts at its disposal.

29 May 12:04 InvestorPlace 24614510126641444.html
DraftKings Stock Will Keep Benefitting from Multiple Strong Trends

29 May 12:18 1 article

DraftKings Stock Will Keep Benefitting from Multiple Strong Trends

DraftKings stock will be boosted by the popularity of iGaming and the resumption of professional sports leagues.

29 May 12:18 InvestorPlace 24614510412352681.html
PG&E Keeps Adding Electrons To Energy Storage Plans

29 May 01:59 1 article

PG&E Keeps Adding Electrons To Energy Storage Plans

California utilities are ahead of much of the world in the transition to clean technology. They have a lot more rooftop solar power on the grid than many places, and they're led by progressive voters and politicians. There is no waffling on battery energy storage for these big dogs at this point. They're all in. They're

29 May 01:59 CleanTechnica 1065744425151624766.html
Interviewing Etergo’s CEO: What The Ola Electric Acquisition Means For Etergo, Consumers, & Investors

29 May 03:57 1 article

Interviewing Etergo’s CEO: What The Ola Electric Acquisition Means For Etergo, Consumers, & Investors

Yesterday we were all surprised to learn that Etergo has been acquired by the Indian company Ola Electric. At the time, all we had was a vague press release from Ola Electric that only stated it had acquired Etergo and the two companies looked forward to working together. However, since that left us with more

29 May 03:57 CleanTechnica 1065744423163810556.html
Swedish banks join forces to fight money laundering

29 May 00:01 1 article

Swedish banks join forces to fight money laundering

The five largest banks in Sweden have teamed up with the country's police to launch an anti-money laundering initiative.

29 May 00:01 Finextra 6000504749776520963.html
Latin American open banking startup Belvo raises $10m

29 May 08:00 1 article

Latin American open banking startup Belvo raises $10m

Mexico City-based Belvo has raised $10 million from Founders Fund and Kaszek Ventures to grow its developer-first financial API platform across Latin America.

29 May 08:00 Finextra 6000504749572232637.html
Euro Outshines Pound Sterling and Dollar as Investors Cheer EU Progress on Coronabonds

29 May 05:59 1 article

Euro Outshines Pound Sterling and Dollar as Investors Cheer EU Progress on Coronabonds

A fundamental shift in sentiment for the better towards the European Union has been reflected in a steady demand for euros over the course of the past two days, ensuring the single currency's outlook against peers such as the British Pound and U.S. Dollar has improved markedly

29 May 05:59 The Pound Sterling Live 6614579508641342183.html
Pound Sterling Could Actually Rise if Bank of England Slashed Interest Rates to Below Zero says Analyst

29 May 09:22 1 article

Pound Sterling Could Actually Rise if Bank of England Slashed Interest Rates to Below Zero says Analyst

Speculation has been growing over the course of May that the Bank of England could soon announce it will cut interest rates to below zero in its ongoing battle to stem the negative economic impacts of the coronavirus crisis

29 May 09:22 The Pound Sterling Live 6614579506701340666.html
Gold Price Forecast: Move Above $1735 Resistance Required for Bulls to Grab Control Again

29 May 09:46 1 article

Gold Price Forecast: Move Above $1735 Resistance Required for Bulls to Grab Control Again

The spot gold price is quoted at $1725 ahead of the weekend, with analysts and technical forecaster Richard Perry of Hantec Markets lays out the key levels to consider for traders now the market is back at a crossroads

29 May 09:46 The Pound Sterling Live 6614579508399769140.html
Chinese companies in India dither to join country’s fight against Coronavirus; Make negligible contributions for the sake of optics

29 May 00:00 1 article

Chinese companies in India dither to join country’s fight against Coronavirus; Make negligible contributions for the sake of optics

The major Chinese companies including Xiaomi, Vivo, Oppo, Huawei, Oneplus whose annual revenue is approximately INR 60710 crore, have just contributed INR 24 crore (0.04%) for India’s fight against coronavirus pandemic.

29 May 00:00 www.organiser.org 9159923258499746850.html
The Great Bears do the bear market rally

29 May 00:15 1 article

The Great Bears do the bear market rally

Cross-posted from ZeroHedge is a fabulous post gathering together the world’s great bears.

29 May 00:15 MacroBusiness 6890797929142098800.html
Telstra divides and conquers NBN

29 May 00:30 1 article

Telstra divides and conquers NBN

History doesn’t repeat but it sure does rhyme.

29 May 00:30 MacroBusiness 6890797930131975548.html
Bank bid blows up

29 May 00:49 1 article

Bank bid blows up

The Australian dollar is hovering at the highs this morning even as S&P futures fall:

29 May 00:49 MacroBusiness 6890797928735298409.html
Andrew Liveras disgorges dog’s vomit on energy

29 May 01:01 1 article

Andrew Liveras disgorges dog’s vomit on energy

At the AFR the bogus debate rolls on:

29 May 01:01 MacroBusiness 6890797929308731928.html
CBA: Huge fiscal stimulus props up household income

29 May 01:30 1 article

CBA: Huge fiscal stimulus props up household income

Gareth Aird, head of Australian economics at CBA, has published research on the extent to which household impacts have been supported by the federal government’s stimulus:

29 May 01:30 MacroBusiness 6890797928691591697.html
Twitter should fact check Kouk

29 May 02:15 1 article

Twitter should fact check Kouk

All day, every day he demands more stimulus:

29 May 02:15 MacroBusiness 6890797929438983873.html
ANU: Job and income losses halted, confidence rising

29 May 03:30 1 article

ANU: Job and income losses halted, confidence rising

Average hours worked increased from 32.3 per week in April to 32.8 per week in May, according to a study by the Australian National University’s (ANU) Centre for Social Research and Methods.

29 May 03:30 MacroBusiness 6890797929648784348.html
Mortgage repayment cliff beckons

29 May 04:00 1 article

Mortgage repayment cliff beckons

A Senate committee has been told that businesses and households have now deferred around $250 billion worth of loan repayments due to the coronavirus pandemic. However, Australian Prudential Regulation Authority (APRA) chairman Wayne Byres conceded that some customers will not be able to repay their loans when they are required to resume repayments:

29 May 04:00 MacroBusiness 6890797930415665609.html
AEP: No v-shaped recovery for the West

29 May 06:12 1 article

AEP: No v-shaped recovery for the West

Via Ambrose Evans-Pritchard:

29 May 06:12 MacroBusiness 6890797929692146715.html
Macro Afternoon

29 May 06:30 1 article

Macro Afternoon

A flat end to the week as the window dressing month end meme takes place across risk assets with most stock markets pulling back here in Asia. Besides the usual end of month reshuffle, risk is still waiting Trump’s policy announcement on China, but it seems he’s too busy having a dummy spit about Twitter instead.

29 May 06:30 MacroBusiness 6890797928858469550.html
Out Of Job Because Of MCO? IKEA Damansara Is Now Hiring Part-Timers!

29 May 10:43 1 article

Out Of Job Because Of MCO? IKEA Damansara Is Now Hiring Part-Timers!

Follow us on Facebook, Youtube, Twitter, and Instagram for the latest stories and updates daily.

29 May 10:43 WORLD OF BUZZ 7535116579388029529.html
Pandemic job losses slow down

29 May 04:00 1 article

Pandemic job losses slow down

The pace of job losses is slowing but still extreme, setting the expectation that job loss will still be at a historic high next week.

29 May 04:00 Washington Examiner 4625792332279279304.html
Slovak startup GymBeam nabs around €6 million for its fitness brand

29 May 00:00 1 article

Slovak startup GymBeam nabs around €6 million for its fitness brand

Slovakian startup GymBeam, one of the fastest growing fitness brands in Europe, has landed an investment of around €6 million, which it will use to push its brand across Central and Eastern Europe. Founded in 2014, the Slovak e-commerce platform focuses on fitness, nutritional supplements, functi

29 May 00:00 EU-Startups 1488873444433036035.html
Paris-based Neobrain snaps up €3 million to support employees during change

29 May 00:00 1 article

Paris-based Neobrain snaps up €3 million to support employees during change

French HRtech startup Neobrain, which uses AI to support organisations and people during times of change and crisis, has secured €3 million of investment from French venture capital firm Breega. The startup will use the funds to expand internationally, grow its team and conduct more research on the

29 May 00:00 EU-Startups 1488873444190122193.html
Sardinia-based IntendiMe raises €2.3 million for its hearing technology

29 May 00:00 1 article

Sardinia-based IntendiMe raises €2.3 million for its hearing technology

Italian startup IntendiMe, which has created technologies for the deaf and hard of hearing, has closed a round of €2.3 million. The round was led by VV3TT (Vertis Venture 3 Technology Transfer), a venture capital fund focusing on technology transfer, which is managed by Vertis SGR and advised by Ven

29 May 00:00 EU-Startups 1488873443044206829.html
Moving the shopping parties online

29 May 06:00 1 article

Moving the shopping parties online

GAIN CITY From today till Sunday, get your hands on a range of freebies and discounts of 50 per cent and more on all your stay-home essentials. The online giveaway kicks off tonight at 10pm with influencers Cyrus and Rio on Gain City's Facebook Live streaming...

29 May 06:00 thenewpaper 2217039561543626685.html
SportSG announces $3m digital scheme

29 May 06:00 1 article

SportSG announces $3m digital scheme

With the sports and fitness industry still largely shuttered, the fraternity was given a boost yesterday as Sport Singapore (SportSG) announced a new programme to help them go digital. The $3 million Enterprise Innovation and Capability Grant was rolled out by Minister for...

29 May 06:00 thenewpaper 2217039561432285781.html
Free access to e-newspapers via NLB extended until further notice

29 May 06:00 1 article

Free access to e-newspapers via NLB extended until further notice

Readers who have been enjoying free access to electronic newspapers through the National Library Board (NLB) can continue to do so past the circuit breaker period. The free access for library patrons to the digital editions of eight Singapore Press Holdings (SPH) newspapers...

29 May 06:00 thenewpaper 2217039561188250717.html
No coverage for businesses impacted by COVID-19, says IAJ

29 May 00:00 1 article

No coverage for businesses impacted by COVID-19, says IAJ

Insurance Association of Jamaica (IAJ) President Vernon James says whil...

29 May 00:00 Jamaica Observer 5357348615686153851.html
Jamaica’s Vision 2030 plan under review

29 May 00:00 1 article

Jamaica’s Vision 2030 plan under review

THE Government has commenced work to review and revise the requisite strategic actions fo...

29 May 00:00 Jamaica Observer 5357348614858400869.html
Japan Might Be Subsidizing Your Travels When The Crisis Passes Over

29 May 00:00 1 article

Japan Might Be Subsidizing Your Travels When The Crisis Passes Over

Japan’s tourism numbers in April 2020 were reportedly 99.9% lower than those in April 2019.

29 May 00:00 Designtaxi 7791608383976450288.html
SkipTheDishes has seen an 89 percent jump in new restaurants during the COVID-19 pandemic

29 May 11:02 1 article

SkipTheDishes has seen an 89 percent jump in new restaurants during the COVID-19 pandemic

SkipTheDishes has revealed new data regarding how its business has been faring during the COVID-19 pandemic.

29 May 11:02 mobilesyrup 1267416331958219416.html
How to Sell Off Your Old Stuff on Jiji (Previously OLX)

29 May 09:50 1 article

How to Sell Off Your Old Stuff on Jiji (Previously OLX)

Have old stuff to sell? Follow this step-by-step guide to know how to sell them on Jiji both on a PC or using the mobile app.

29 May 09:50 Dignited 2175003790408639051.html
Coronavirus impact: Volkswagen rolls out customer-centric financial schemes

29 May 06:09 1 article

Coronavirus impact: Volkswagen rolls out customer-centric financial schemes

Volkswagen India has introduced leasing and finance options for customers who are interested in buying a Volkswagen product.

29 May 06:09 OVERDRIVE 7781473804071416563.html
14,600 job cuts announced by Renault around the world, plans to save 2 billion euros

29 May 09:36 1 article

14,600 job cuts announced by Renault around the world, plans to save 2 billion euros

Renault has also announced a suspension of planned capacity increase projects in Morocco and Romania as well as further optimize its operations in Russia.

29 May 09:36 OVERDRIVE 7781473803166189020.html
Coronavirus impact: Bajaj Chetak deliveries delayed

29 May 10:50 1 article

Coronavirus impact: Bajaj Chetak deliveries delayed

Bajaj has suspended bookings on its electric scooter and the deliveries have been delayed because of the Coronavirus pandemic.

29 May 10:50 OVERDRIVE 7781473803219546608.html
Boeing resumes production of B737 Max

29 May 00:00 1 article

Boeing resumes production of B737 Max

Production of the grounded aircraft was suspended in January…

29 May 00:00 Business Traveller 900610881016767759.html
Lufthansa adds long-haul routes from Frankfurt and Munich

29 May 00:00 1 article

Lufthansa adds long-haul routes from Frankfurt and Munich

Newly announced destinations include Frankfurt to Cairo, Beijing, Shanghai and San Jose, and Munich to San Francisco, Delhi…

29 May 00:00 Business Traveller 900610880993417908.html
Work from home set to become new norm for BPO sector

29 May 05:21 1 article

Work from home set to become new norm for BPO sector

WESTERN BUREAU: Some of the leading developers of space in western Jamaica are now taking a wait-and-see attitude towards the COVID-19 sparked work-from-home (WFH) arrangement, which some outsourcing firms are expressing an interest in expanding....

29 May 05:21 The Gleaner 1215260530246866241.html
Apple’s Deirdre O’Brien in Top Five of Inaugural ‘Queer 50’ Business Leaders List

29 May 11:10 1 article

Apple’s Deirdre O’Brien in Top Five of Inaugural ‘Queer 50’ Business Leaders List

Apple's VP Deidre O'Brien was named at number of five in Fast Company's first-ever 'Queer 50' list - the highest-ranked tech exec.

29 May 11:10 The Mac Observer 5087532647837158180.html
CBK warns 75pc of small businesses risk collapse

29 May 00:00 1 article

CBK warns 75pc of small businesses risk collapse

Small traders have had to close under coronavirus lockdown measures.

29 May 00:00 The East African 3857388831001948895.html
East African Portland Cement To Fire More Employees

29 May 04:46 1 article

East African Portland Cement To Fire More Employees

The East African Portland Cement Company (EAPCC) has announced fresh lay offs through voluntary early retirement for all employees.According to acting managing director Stephen Nthei, the scheme i

29 May 04:46 KahawaTungu 3304128542375062612.html
Profitable Blis points to significant growth

29 May 00:00 1 article

Profitable Blis points to significant growth

Dunedin company Blis Technologies has posted its second consecutive profitable year and says there remains significant international growth...

29 May 00:00 Otago Daily Times Online News 3107042080618844179.html
$60m funding boost for NZ libraries announced at Turanga

29 May 00:00 1 article

$60m funding boost for NZ libraries announced at Turanga

The government chose Christchurch's central library, Turanga, as the venue to announce a $60 million cash injection for NZ libraries on Friday.

29 May 00:00 Otago Daily Times Online News 3107042080597850943.html
NZ's largest furniture retailer to open, 180 jobs created

29 May 00:00 1 article

NZ's largest furniture retailer to open, 180 jobs created

New Zealand's largest furniture and homewares retailer Nido will open its doors to the public tomorrow. The new $60m, 27,000 sq m store in West...

29 May 00:00 Otago Daily Times Online News 3107042080305640490.html
108 jobs on line in Tower proposal

29 May 00:00 1 article

108 jobs on line in Tower proposal

Tower says it will aim to cut costs by $7.2 million per year which includes a proposal for 108 redundancies. The NZX-listed insurer announced the...

29 May 00:00 Otago Daily Times Online News 3107042080208028293.html
Auction tests demand for Queenstown property

29 May 00:00 1 article

Auction tests demand for Queenstown property

Bidders in Queenstown have started testing the water in one of the country's most expensive property markets. This story was first published by RNZ...

29 May 00:00 Otago Daily Times Online News 3107042080108452889.html
Dunedin's Kmart delays reopening

29 May 00:00 1 article

Dunedin's Kmart delays reopening

Dunedin's Kmart store remains closed after apparently changing its mind about an opening date at the last minute. Earlier this week Kmart's New...

29 May 00:00 Otago Daily Times Online News 3107042079819899308.html
Date set for Shotover Jet comeback

29 May 00:00 1 article

Date set for Shotover Jet comeback

Shotover Jet will once again be operational when Ngai Tahu Tourism restarts next month. It axed 309 jobs across New Zealand when it mothballed 10...

29 May 00:00 Otago Daily Times Online News 3107042079151637553.html
Wage subsidy auditing figures only collected quarterly - MSD

29 May 00:00 1 article

Wage subsidy auditing figures only collected quarterly - MSD

Government ministers are not receiving up to date figures on breaches of the $10 billion wage subsidy scheme, and one Minister's office says "it's...

29 May 00:00 Otago Daily Times Online News 3107042079136045530.html
$1.4m to help Queenstown workers who have lost jobs

29 May 00:00 1 article

$1.4m to help Queenstown workers who have lost jobs

The hard-hit Queenstown Lakes District has been given $1.4 million in Government funding to help redeploy workers who have lost their jobs because...

29 May 00:00 Otago Daily Times Online News 3107042079115700936.html
Williams reveals it is for sale

29 May 08:33 1 article

Williams reveals it is for sale

Backmarker Formula 1 team Williams has admitted it may be sold.

29 May 08:33 Sports Mole 7750663361929209725.html
Renault announces it is staying in F1

29 May 09:21 1 article

Renault announces it is staying in F1

Renault is staying in Formula 1 for now.

29 May 09:21 Sports Mole 7750663361946820868.html
Dwivedi chairs SLC meets, clears Rs 8.24 cr subsidy claims

29 May 03:30 1 article

Dwivedi chairs SLC meets, clears Rs 8.24 cr subsidy claims

Commissioner Secretary, Industries & Commerce Department, Manoj Kumar Dwivedi, chaired separate meetings of State Level Committees for sanctioning of

29 May 03:30 Greater Kashmir 4662909091610922079.html
Beginners Guide to Proton Chain: A Bridge to Traditional Banking

29 May 10:24 1 article

Beginners Guide to Proton Chain: A Bridge to Traditional Banking

Proton started as a joint venture between two separate companies, Metal, and Lynx. Both companies had a similar vision of bringing cryptocurrencies to everyday consumers.

29 May 10:24 Blockonomi 7720215218118650130.html
Shipping industry goes digital in lockdown

29 May 09:20 1 article

Shipping industry goes digital in lockdown

Blockchain replaces manual effort.

29 May 09:20 iTnews 4425008560097782186.html
Atlassian's events to go digital for next 12 months

29 May 11:08 1 article

Atlassian's events to go digital for next 12 months

After successful Remote Summit.

29 May 11:08 iTnews 4425008559390675070.html
John Lewis is giving customers a £100 gift card with selected electrical purchases

29 May 10:55 1 article

John Lewis is giving customers a £100 gift card with selected electrical purchases

The offer is available to new and existing John Lewis members until June 9

29 May 10:55 dailyrecord 552235480440659176.html
McDonald's to re-open drive-thrus in Airdrie and Coatbridge

29 May 11:37 1 article

McDonald's to re-open drive-thrus in Airdrie and Coatbridge

Fewer employees will be in kitchens and service areas to maintain social distancing rules

29 May 11:37 dailyrecord 552235479543218273.html
Google mulls Vodafone Idea stake acquisition - report

29 May 07:53 1 article

Google mulls Vodafone Idea stake acquisition - report

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

29 May 07:53 Telecompaper 8935967933746773.html
easyJet's cost-cutting may be misguided as international arrivals expected to return to 2019 levels by 2021, says GlobalData

29 May 06:09 1 article

easyJet's cost-cutting may be misguided as international arrivals expected to return to 2019 levels by 2021, says GlobalData

Following easyJet’s announcement that it plans to reduce its fleet, staff and operational costs amid the COVID-19 crisis, John Vandesquille, Travel & Tourism Analyst at GlobalData, a leading data and analytics company, offers his view: “With travel in Europe almost at a standstill, trimming costs is a necessity in the short term. However, easyJet’s latest announcement stems from management’s belief that travel demand will not return to pre-COVID levels until 2023.There is an element of risk here because demand could return

29 May 06:09 TravelDailyNews International 1304175788399308081.html
Study on impact of coronavirus on European convention sector

29 May 06:15 1 article

Study on impact of coronavirus on European convention sector

FRAKFURT / LONDON - The Strategic Alliance of the National Convention Bureaux of Europe has released the results of a study on “The Impact of Coronavirus on Europe’s Convention Sector”. The analysis, prepared by Tourism Economics, aims at providing a constructive narrative of the meetings and conference sector’s pathway through the crisis, towards recovery, and has developed three scenarios to reflect the possible range of outcomes from this crisis. Baseline, upside and downside scenarios for European convention community The baseline scenario assumes that

29 May 06:15 TravelDailyNews International 1304175787568913064.html
Global DMC Partners releases latest Meetings & Events survey results

29 May 06:26 1 article

Global DMC Partners releases latest Meetings & Events survey results

WASHINGTON, D.C. – Global DMC Partners (GDP), a leading global network of independently owned destination management companies (DMCs) and creative event experts, announced the results of its most recent Meetings & Events Pulse Survey, focusing on the widespread impact of the COVID-19 global pandemic to the MICE industry. Conducted April 27 through May 4, 2020, the survey polled 374 respondents from the meetings and events industry. Of these, 93 percent were planners versus vendors or suppliers. While the survey touched

29 May 06:26 TravelDailyNews International 1304175787342269048.html
UNWTO launches global guidelines to reopen tourism

29 May 06:30 1 article

UNWTO launches global guidelines to reopen tourism

The World Tourism Organization (UNWTO) has released a set of guidelines to help tourism sector emerge stronger and more sustainably from COVID-19. The guidelines highlight the need to act decisively, to restore confidence and, as UNWTO strengthens its partnership with Google, to embrace innovation and the digital transformation of global tourism. The guidelines were produced in consultation with the Global Tourism Crisis Committee and aim to support governments and private sector to recover from an unparalleled crisis. Depending on when travel

29 May 06:30 TravelDailyNews International 1304175788634256669.html
Savenio establishes affiliate advisory board

29 May 06:41 1 article

Savenio establishes affiliate advisory board

Independent luxury travel network Savenio, has established its first advisory board of five network Affiliates who will support the growth of the brand as it navigates the new post-COVID travel landscape. “Savenio is a truly independent network of travel Affiliates, each running their own business according to their own priorities and clients and this new advisory board will help us to share ideas, abilities and strategy across the network,” Savenio Managing Director David Brandon said. “We wanted to establish a group of

29 May 06:41 TravelDailyNews International 1304175788401745072.html
ACI World issues new guidance for airport industry restart and recovery

29 May 08:12 1 article

ACI World issues new guidance for airport industry restart and recovery

MONTREAL – Airports Council International (ACI) World has published comprehensive guidance for airports as they prepare to restart operations to assist them in sustaining a business recovery in the midst of the COVID-19 pandemic. The COVID-19 pandemic has caused a systemic crisis resulting in unprecedented disruption to global air transport. ACI World estimates that, in 2020, airports will suffer a reduction of more than 4.6 billion passengers and decline in revenue of more than $97 billion U.S. The publication issued, Aviation Operations

29 May 08:12 TravelDailyNews International 1304175789087108048.html
Half of Finnair customers planning leisure trips by air, flights within Europe first choice

29 May 08:28 1 article

Half of Finnair customers planning leisure trips by air, flights within Europe first choice

As Finnair prepares to ramp ups it operations, with focus on continuing to connect Europe and Asia, the airline asked its customers how they feel about traveling by air again. Over 3 000 Finnair Plus Loyalty program customers responded to Finnair’s customer survey, including all tier levels. Half of the respondents were already thinking about leisure trips by air, and almost nine out of ten customers surveyed by Finnair said they expected to fly at least once within the next year. “We

29 May 08:28 TravelDailyNews International 1304175789016499112.html
New York City Mark Hotel to reopen on June 15

29 May 08:31 1 article

New York City Mark Hotel to reopen on June 15

The Mark Hotel will officially open its doors on June 15. Inspired by English poet Alexander Pope and illustrated by French artist Jean-Philippe Delhomme, the announcement for The Mark's reopening restores and enlivens some much-needed optimism and anticipation. An oasis of peace, luxury and quiet elegance on Manhattan's Upper East Side, The Mark is back with the superlative services and amenities the property is known for, as well as a renewed focus on the safety of its guests, employees and

29 May 08:31 TravelDailyNews International 1304175788442209231.html
The impacts of COVID-19 on innovation and digital transformation in air transport

29 May 09:21 1 article

The impacts of COVID-19 on innovation and digital transformation in air transport

As airlines, airports and their air transport sector partners continue to plot the industry’s recovery from the COVID-19 crisis, a focus on innovation, and investment in technologies such as touchless biometrics, self-service, automation, and mobile devices and apps, will have a crucial role to play. These are some of the key insights of a new report jointly released by Fast Future, Future Travel Experience (FTE), and the Airline Passenger Experience Association (APEX). The study findings are being launched today during a

29 May 09:21 TravelDailyNews International 1304175788237884707.html
Committees on tourism put transformation high on the agenda of the South African tourism

29 May 09:51 1 article

Committees on tourism put transformation high on the agenda of the South African tourism

CAPE TOWN, SOUTH AFRICA - The Portfolio Committee on Tourism and the Select Committee on Trade and Industry, Economic Development, Small Business Development, Tourism, Employment and Labour  received a briefing from the South African Tourism (SAT) on their five-year strategic and annual performance plans.   The report was well received as the committees were reassured by SAT that the target of 21 million tourist arrivals will be met by 2030. The committees welcomed the assurance to achieve that target after COVID-19 as

29 May 09:51 TravelDailyNews International 1304175788172127070.html
Increase in welfare benefits; bad quarter for hospitality sector

29 May 07:19 1 article

Increase in welfare benefits; bad quarter for hospitality sector

At the end of March, the number of active general welfare benefits increased compared to the previous month for the first time since early 2017. The number of benefits to self-employed, including

29 May 07:19 NL Times 9001346992599165625.html
Netherlands using more renewable energy, mostly biomass

29 May 10:20 1 article

Netherlands using more renewable energy, mostly biomass

In 2019 the Netherlands' energy consumption from renewable sources grew by 16 percent compared to the year before. A total of 181 petajoules of the country's energy came from renewable sources. More

29 May 10:20 NL Times 9001346993409117244.html
Bank of Russia to Develop Digitial Mortgage on Blockchain Platform

29 May 04:00 1 article

Bank of Russia to Develop Digitial Mortgage on Blockchain Platform

Russia’s central bank, the Bank of Russia, is looking to develop a digital mortgage on Masterchain, a government-backed blockchain project.

29 May 04:00 BTC Manager 8549607153216642317.html
National's first economic policy under Muller's leadership: A $10k cash payment to businesses for every new full-time hire - payment capped at $100k

29 May 00:36 1 article

National's first economic policy under Muller's leadership: A $10k cash payment to businesses for every new full-time hire - payment capped at $100k

National's first economic policy under Muller's leadership: A $10k cash payment to businesses for every new full-time hire - payment capped at $100k

29 May 00:36 interest.co.nz 6454226276728793772.html
The number of borrowers going interest only increases, as 24% of housing and 41% of business loans were interest only at the end of April

29 May 05:57 1 article

The number of borrowers going interest only increases, as 24% of housing and 41% of business loans were interest only at the end of April

The number of borrowers going interest only increases, as 24% of housing and 41% of business loans were interest only at the end of April

29 May 05:57 interest.co.nz 6454226276663077314.html
Overnights: Republic Bharat rules Indian news genre again in UK

29 May 11:23 1 article

Overnights: Republic Bharat rules Indian news genre again in UK

Republic Bharat returned to the No.1 position amongst Indian news channels on Thursday, according to exclusive data obtained by BizAsiaLive.com. Republic Bharat delivered a share of 0.05%, followed by Aaj Tak, ABP News and NDTV 24×7 with 0.02%. News18 rated zero. Republic Bharat’s strongest timeband was between 21:00 and midnight with an average audience of […]

29 May 11:23 BizAsia 5200304999632826355.html
Binance USD (BUSD) Stablecoin Added to KyberSwap Exchange and other dApps based on Kyber Network

29 May 01:10 1 article

Binance USD (BUSD) Stablecoin Added to KyberSwap Exchange and other dApps based on Kyber Network

BUSD (Binance USD), a stablecoin pegged 1:1 with the US dollar, will be accessible via the KyberSwap exchange and other decentralized applications (dApps) and p

29 May 01:10 Crowdfund Insider 6834688073317153663.html
North American Fintech Firms have Better Access to Regulatory Sandboxes because of United-States-Mexico-Canada Free Trade Agreement: Report

29 May 01:35 1 article

North American Fintech Firms have Better Access to Regulatory Sandboxes because of United-States-Mexico-Canada Free Trade Agreement: Report

More than $30 billion worth of transactions a year are carried out via the US-Mexico remittance corridor, which is notably one of the world’s largest cross-bo

29 May 01:35 Crowdfund Insider 6834688074062562959.html
Russia’s Largest Bank, Sberbank, Calls on Suppliers to Provide 4,917 ATMs that come with Graphic Cards to Perform “Blockchain Operations”

29 May 02:11 1 article

Russia’s Largest Bank, Sberbank, Calls on Suppliers to Provide 4,917 ATMs that come with Graphic Cards to Perform “Blockchain Operations”

Russia’s largest banking institution, Sberbank, has reportedly called on local suppliers to provide 4,917 ATMs that come with built-in graphic cards that can

29 May 02:11 Crowdfund Insider 6834688072213710405.html
Indian Microlending Firm SATYA MicroCapital Ltd Secures Over $13 Million in Equity Funding from Tokyo’s Gojo & Co.

29 May 03:20 1 article

Indian Microlending Firm SATYA MicroCapital Ltd Secures Over $13 Million in Equity Funding from Tokyo’s Gojo & Co.

SATYA MicroCapital Ltd, a fast-growing micro-lending firm based in India, has secured INR 105 crore (appr. $13.85 million) in equity funding from Gojo & Com

29 May 03:20 Crowdfund Insider 6834688073812805010.html
Indian Fintech U GRO Capital Partners Global Value Creation Partners to Offer Better Online Lending Services to SMEs

29 May 04:22 1 article

Indian Fintech U GRO Capital Partners Global Value Creation Partners to Offer Better Online Lending Services to SMEs

Indian Fintech U GRO Capital, an online lending platform for SMEs, has teamed up with Global Value Creation Partners (GVCP), in order to provide better financin

29 May 04:22 Crowdfund Insider 6834688072843542136.html
P2P Lender Archover to Begin Offering New Secured Lending Again, According to Charlotte Marsh, MD at ArchOver

29 May 11:41 1 article

P2P Lender Archover to Begin Offering New Secured Lending Again, According to Charlotte Marsh, MD at ArchOver

Charlotte Marsh, managing director at ArchOver, a peer-to-peer (P2P) lending platform supporting SMEs business borrowing, has argued that the COVID-19 outbreak

29 May 11:41 Crowdfund Insider 6834688073570049868.html
Covid-19’s Attempt To Snuff Out African Tobacco Is Going Up In Flames

29 May 05:00 1 article

Covid-19’s Attempt To Snuff Out African Tobacco Is Going Up In Flames

At the end of March, South Africa had imposed the most severe and controversial lockdown in Africa. To add to its combating efforts against the coronavirus, the nation included a ban on the sale of alcohol and tobacco. The effects rang throughout Southern Africa, the unofficial capital of the continent’s tobacco business. In as much as Covid-19 presented a challenge for the industry, there is reason to believe that the later would be greater than the present. Developing Africa has become an attractive market for the tobacco industry due to its increases in its income, growing population size, foreign direct investment (FDI), and improved life expectancy. A Ban That Backfired South Africa plans to ease its nationwide lockdown as from June 1, allowing limited alcohol sales and the reopening of bars. But, the government does not show signs of lifting the ban on tobacco products like vapes and snus.

29 May 05:00 WeeTracker 6939661661755913118.html
Post-Lockdown South Africa: The Virus Took Lives, The Lockdown Took Jobs

29 May 11:15 1 article

Post-Lockdown South Africa: The Virus Took Lives, The Lockdown Took Jobs

The virus took lives, the lockdown took jobs When a virus spreads, it often brings hardship as a plus one. And many South Africans are starting to feel the heat. Despite the continued rise in COVID-19 cases which have now exceeded 27,000 in South Africa, the country’s lockdown measures have been eased gradually since May 1, with the aim of ending strife by getting people back to work. But for many South Africans, there’s no work to get back to — not anymore. Apparently, there has been a flurry of job losses since the lockdown measures kicked in. Many people who were gainfully employed when the country shut down found themselves unemployed after the phased restart.  South Africa first went into a complete nationwide lockdown on March 26 and businesses began to feel the pressure almost immediately. Despite palliatives and fiscal stimulus from the government, many businesses have been unable to avoid the bloodbath that has seen many workers lose their jobs.

29 May 11:15 WeeTracker 6939661659923866788.html
Really Australia, it's not that hard: 10 reasons why renewable energy is the future

29 May 11:21 1 article

Really Australia, it's not that hard: 10 reasons why renewable energy is the future

Australia's latest greenhouse gas figures released today show national emissions fell slightly last year. This was by no means an economy-wide effort—solar and wind energy did most of the heavy lifting.

29 May 11:21 Tech Xplore 4945708899360301948.html
The coronavirus could mark the rise of automation

29 May 12:45 1 article

The coronavirus could mark the rise of automation

The coronavirus pandemic has caused a massive surge in global unemployment. It has also highlighted the increasingly valuable role of automation in today's world.

29 May 12:45 Tech Xplore 4945708899943900374.html
Clean energy is outperforming fossil fuels in America, UK and Europe

29 May 12:45 1 article

Clean energy is outperforming fossil fuels in America, UK and Europe

Renewable power is outperforming fossil fuels in US and European markets, according to a new report published by Imperial College Business School.

29 May 12:45 Tech Xplore 4945708898980992367.html
Mahangu to yield surplus

29 May 00:00 1 article

Mahangu to yield surplus

LOCAL mahangu production is expected to yield a surplus of 23 metric tonnes this year while white maize will fall short of meeting local demand for the next six months (including May), by 5 961

29 May 00:00 The Namibian 8837880577765757589.html
Govt U-turns on royalties non-deductibility

29 May 00:00 1 article

Govt U-turns on royalties non-deductibility

THE taxman has decided to withdraw the earlier announced proposal to disallow tax deductibility of royalties for non-diamond mining companies.

29 May 00:00 The Namibian 8837880576725770288.html
Lockdown shuts 8 companies for good

29 May 00:00 1 article

Lockdown shuts 8 companies for good

EIGHT businesses have closed their doors, more than 25% of businesses temporarily closed, and 50% of those who operated, did so below their production capacity – all due to Covid-19 measures.

29 May 00:00 The Namibian 8837880576544285302.html
PIC wants Eskom bonds turned to equity

29 May 00:00 1 article

PIC wants Eskom bonds turned to equity

SOUTH African state asset manager the Public Investment Corporation has submitted a proposal to the government on converting bonds it holds in struggling state utility Eskom into equity.

29 May 00:00 The Namibian 8837880576115470521.html
JPMorgan Agrees To Pay $2.5 Million To Settle A Class Action Lawsuit

29 May 00:00 1 article

JPMorgan Agrees To Pay $2.5 Million To Settle A Class Action Lawsuit

JPMorgan Chase Bank NA, the customer and commercial branch of JPMorgan, consented to pay $2.5 million to settle a legal claim. The suit is identified with its past choice to consider acquisition of digital currency with its credit cards as loans. Plaintiffs To Get 95% of Harm For quite a…

29 May 00:00 BTC Wires 8723770619697637303.html
NZTA negotiating on new cost of Transmission Gully – paying advance of $14m

29 May 00:00 1 article

NZTA negotiating on new cost of Transmission Gully – paying advance of $14m

News from NZTA Waka Kotahi the NZ Transport Agency is making an advance payment to the builder of the Transmission Gully project to reflect the costs of the Covid-19 work shutdown.

29 May 00:00 SCOOP 847363053550174840.html
$7.6m fund for city events and initiatives after lockdown

29 May 00:00 1 article

$7.6m fund for city events and initiatives after lockdown

Press Release – Wellington City Council The Wellington City Council has adopted a framework to manage the new Tipu Toa: Build back better City Recovery Fund. The Fund was established at the Council meeting of 9 April as part of the Pandemic Response Plan. Its purpose is to support initiatives that will contribute to Wellington’s post Covid-19 economic recovery.

29 May 00:00 SCOOP 847363052971821253.html
Kildare businesses call on Government to extend wage subsidy scheme

29 May 00:00 1 article

Kildare businesses call on Government to extend wage subsidy scheme

"Ahead of today’s Cabinet meeting, County Kildare Chamber has called for the Government to reform and extend the Temporary Wage Subsidy Scheme (TWSS) beyond its initial June deadline, and e...

29 May 00:00 Leinster Leader 7955940816189770421.html
Kogan Shares Soar To Record High

29 May 00:00 1 article

Kogan Shares Soar To Record High

Kogan.com.au has noted unprecedented growth during the COVID-19 pandemic, and today the company’s share price soared by 5.2% to reach a record high of $11.11 as of 12pm.

29 May 00:00 channelnews 7653493205867577435.html
Dell Hit By Coronavirus But Wins Millions In Govt Deals

29 May 00:00 1 article

Dell Hit By Coronavirus But Wins Millions In Govt Deals

SYDNEY: In its third year in a row, Dell Australia has posted a drop in profits. This year the company posted an after-tax profit of just over AU$31 million for the financial period ended January 31, 2020, slightly down from the $33.6 million recorded in 2019.

29 May 00:00 channelnews 7653493205161719843.html
Innovation? It’s all about the data, darling

29 May 00:00 1 article

Innovation? It’s all about the data, darling

In all my research into financial services innovation one trend stands out above any other: it’s all about the data.

29 May 00:00 FinTech Futures 6822881037340764192.html
TSB partners with Adobe and saves on 15,000 branch visits

29 May 00:00 1 article

TSB partners with Adobe and saves on 15,000 branch visits

TSB Bank has partnered with Adobe to shift 80,000 customer interactions to digital channels over the last eight weeks in a bid to alleviate pressure on its customer service teams during the pandemic.

29 May 00:00 FinTech Futures 6822881037014945220.html
Equifax and HooYu sign KYC and onboarding partnership

29 May 00:00 1 article

Equifax and HooYu sign KYC and onboarding partnership

Equifax has signed a know your customer (KYC) and client on boarding partnership with regtech firm HooYu.

29 May 00:00 FinTech Futures 6822881036901883565.html
Deutsche Börse signs market data deal with Chinese firm Wind

29 May 00:00 1 article

Deutsche Börse signs market data deal with Chinese firm Wind

Deutsche Börse has signed an agreement with Chinese financial data provider Wind to grant Chinese investors greater access to European markets.

29 May 00:00 FinTech Futures 6822881036809253816.html
Banking’s long divorce process

29 May 00:00 1 article

Banking’s long divorce process

Banking, like any other business, is about two things: products and customers. So, it is no surprise that every incumbent core banking vendor manages these two aspects in their platforms. Although each has their own lifecycle, it is the product lifecycle that vendors focus hardest on.

29 May 00:00 FinTech Futures 6822881036393585343.html
KfW completes multi-year deployment of FIS Ambit Focus

29 May 00:00 1 article

KfW completes multi-year deployment of FIS Ambit Focus

German state-owned development bank KfW has completed a multi-year implementation project with FIS.

29 May 00:00 FinTech Futures 6822881036126377732.html
Bank of Cyprus goes live on HPS PowerCard system

29 May 00:00 1 article

Bank of Cyprus goes live on HPS PowerCard system

Bank of Cyprus, the largest banking and financial services group in its home country, has completed a migration to HPS’s PowerCard solution.

29 May 00:00 FinTech Futures 6822881035308809869.html
Graham Conway appointed general manager of Select Car Leasing

29 May 00:00 1 article

Graham Conway appointed general manager of Select Car Leasing

Select Car Leasing have announced that Graham Conway will be stepping into a new role at the company, as general manager.

29 May 00:00 FleetNews 632199014461734113.html
The cities that could benefit most from the UK’s £500 million EV charging fund

29 May 00:00 1 article

The cities that could benefit most from the UK’s £500 million EV charging fund

According to new research from Uswitch.com, Stoke-on-Trent, Southend and Birmingham are among the cities that could benefit most from the Government’s £500 million ‘Rapid Charging Fund’.

29 May 00:00 FleetNews 632199013931585660.html
Trump Action Aside, China Crop-Buying Goal Is Becoming Untenable

29 May 00:00 1 article

Trump Action Aside, China Crop-Buying Goal Is Becoming Untenable

Trump Action Aside, China Crop-Buying Goal Is Becoming Untenable

29 May 00:00 Investing.com 5710361976466376122.html
StockBeat: Smelling the Coffee in Times of Coronavirus

29 May 00:00 1 article

StockBeat: Smelling the Coffee in Times of Coronavirus

StockBeat: Smelling the Coffee in Times of Coronavirus

29 May 00:00 Investing.com 5710361976281796362.html
Japan backs nearly a third of $6.6 billion loans to Nissan: sources

29 May 00:00 1 article

Japan backs nearly a third of $6.6 billion loans to Nissan: sources

Japan backs nearly a third of $6.6 billion loans to Nissan: sources

29 May 00:00 Investing.com 5710361976263235145.html
Wells Fargo reveals new risk management structure

29 May 00:00 1 article

Wells Fargo reveals new risk management structure

Wells Fargo reveals new risk management structure

29 May 00:00 Investing.com 5710361976194255143.html
Days from launch, Fed officials eye 'Main Street' program expansion

29 May 00:00 1 article

Days from launch, Fed officials eye 'Main Street' program expansion

Days from launch, Fed officials eye 'Main Street' program expansion

29 May 00:00 Investing.com 5710361976131882463.html
UK property firm Rightmove sees record website views as market picks up

29 May 00:00 1 article

UK property firm Rightmove sees record website views as market picks up

UK property firm Rightmove sees record website views as market picks up

29 May 00:00 Investing.com 5710361976120567119.html
Preliminary agreement reached in Lufthansa bailout row: source

29 May 00:00 1 article

Preliminary agreement reached in Lufthansa bailout row: source

Preliminary agreement reached in Lufthansa bailout row: source

29 May 00:00 Investing.com 5710361975896341358.html
Asian Stocks Down as Investors Await Trump Action

29 May 00:00 1 article

Asian Stocks Down as Investors Await Trump Action

Asian Stocks Down as Investors Await Trump Action

29 May 00:00 Investing.com 5710361975784103997.html
China excludes clean coal from list of projects eligible for green bonds

29 May 00:00 1 article

China excludes clean coal from list of projects eligible for green bonds

China excludes clean coal from list of projects eligible for green bonds

29 May 00:00 Investing.com 5710361975654593521.html
Fed’s Mester Leans Against Yield-Control Move at June FOMC

29 May 00:00 1 article

Fed’s Mester Leans Against Yield-Control Move at June FOMC

Fed’s Mester Leans Against Yield-Control Move at June FOMC

29 May 00:00 Investing.com 5710361975646525389.html
Stocks - Wall Street Slips as U.S. Consumer Wobbles; Trump's China Speech Eyed

29 May 00:00 1 article

Stocks - Wall Street Slips as U.S. Consumer Wobbles; Trump's China Speech Eyed

Stocks - Wall Street Slips as U.S. Consumer Wobbles; Trump's China Speech Eyed

29 May 00:00 Investing.com 5710361975529368971.html
Sale of shut Philly refinery to real estate developer delayed

29 May 00:00 1 article

Sale of shut Philly refinery to real estate developer delayed

Sale of shut Philly refinery to real estate developer delayed

29 May 00:00 Investing.com 5710361975476872624.html
Saudi Arabia says it provided $40 billion to PIF from foreign reserves

29 May 00:00 1 article

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

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

29 May 00:00 Investing.com 5710361975473836785.html
Fed's Mester says it's hard to imagine quick V-shaped recovery

29 May 00:00 1 article

Fed's Mester says it's hard to imagine quick V-shaped recovery

Fed's Mester says it's hard to imagine quick V-shaped recovery

29 May 00:00 Investing.com 5710361975417775229.html
Asia Session: Asia Booking Profits Ahead Of The Weekend

29 May 00:00 1 article

Asia Session: Asia Booking Profits Ahead Of The Weekend

Market Overview Analysis by MarketPulse (Jeffrey Halley) covering: EUR/USD, AUD/USD, XAU/USD, S&P/ASX 200. Read MarketPulse (Jeffrey Halley)'s latest article on Investing.com

29 May 00:00 Investing.com 5710361975399843447.html
Point/Counterpoint: Value Vs. Growth

29 May 00:00 1 article

Point/Counterpoint: Value Vs. Growth

Point/Counterpoint: Value Vs. Growth

29 May 00:00 Investing.com 5710361975386862408.html
Big Tech’s Tumble: Why AMZN, MSFT And Other FAAMG Stocks Are Stalling

29 May 00:00 1 article

Big Tech’s Tumble: Why AMZN, MSFT And Other FAAMG Stocks Are Stalling

Stocks Analysis by Matthew Weller covering: S&P 500, Boeing Co, Microsoft Corporation, Alphabet Inc Class A. Read Matthew Weller's latest article on Investing.com

29 May 00:00 Investing.com 5710361975365816706.html
Exclusive: Brazil's Embraer draws foreign interest after Boeing rift - sources

29 May 00:00 1 article

Exclusive: Brazil's Embraer draws foreign interest after Boeing rift - sources

Exclusive: Brazil's Embraer draws foreign interest after Boeing rift - sources

29 May 00:00 Investing.com 5710361975344466367.html
S&P 500 up in choppy action after Trump comments on China

29 May 00:00 1 article

S&P 500 up in choppy action after Trump comments on China

S&P 500 up in choppy action after Trump comments on China

29 May 00:00 Investing.com 5710361975302232211.html
French economy shrank less than first thought in first quarter: INSEE

29 May 00:00 1 article

French economy shrank less than first thought in first quarter: INSEE

French economy shrank less than first thought in first quarter: INSEE

29 May 00:00 Investing.com 5710361975265721606.html
Brazil GDP to fall 5% or more this year: central bank chief Campos Neto

29 May 00:00 1 article

Brazil GDP to fall 5% or more this year: central bank chief Campos Neto

Brazil GDP to fall 5% or more this year: central bank chief Campos Neto

29 May 00:00 Investing.com 5710361975247232856.html
Metals Nearing Critical Momentum For New Parabolic Rally

29 May 00:00 1 article

Metals Nearing Critical Momentum For New Parabolic Rally

Commodities Analysis by Chris Vermeulen covering: XAU/USD, XAG/USD, Gold Futures, Silver Futures. Read Chris Vermeulen's latest article on Investing.com

29 May 00:00 Investing.com 5710361975118768293.html
United Airlines cutting 13 top jobs under fresh restructuring

29 May 00:00 1 article

United Airlines cutting 13 top jobs under fresh restructuring

United Airlines cutting 13 top jobs under fresh restructuring

29 May 00:00 Investing.com 5710361974992613126.html
Top 5 Things to Know in the Market on Friday, May 29th

29 May 00:00 1 article

Top 5 Things to Know in the Market on Friday, May 29th

Top 5 Things to Know in the Market on Friday, May 29th

29 May 00:00 Investing.com 5710361974964380768.html
Chile jobless rate hits 9% during pandemic, highest in decade

29 May 00:00 1 article

Chile jobless rate hits 9% during pandemic, highest in decade

Chile jobless rate hits 9% during pandemic, highest in decade

29 May 00:00 Investing.com 5710361974962842943.html
Pandemic saps union clout as talks loom with Chile copper miners

29 May 00:00 1 article

Pandemic saps union clout as talks loom with Chile copper miners

Pandemic saps union clout as talks loom with Chile copper miners

29 May 00:00 Investing.com 5710361974837770162.html
Ukraine expecting $5 billion IMF loan approval and initial payout next week: PM

29 May 00:00 1 article

Ukraine expecting $5 billion IMF loan approval and initial payout next week: PM

Ukraine expecting $5 billion IMF loan approval and initial payout next week: PM

29 May 00:00 Investing.com 5710361974729654532.html
'Make Europe Great Again' recovery fund to reverse euro's fortunes: BofA

29 May 00:00 1 article

'Make Europe Great Again' recovery fund to reverse euro's fortunes: BofA

'Make Europe Great Again' recovery fund to reverse euro's fortunes: BofA

29 May 00:00 Investing.com 5710361974696456041.html
Bank of Canada to hold rates at 0.25% through end of next year: Reuters poll

29 May 00:00 1 article

Bank of Canada to hold rates at 0.25% through end of next year: Reuters poll

Bank of Canada to hold rates at 0.25% through end of next year: Reuters poll

29 May 00:00 Investing.com 5710361974683785604.html
Japan's consumer mood higher in May but still 'extremely severe': government

29 May 00:00 1 article

Japan's consumer mood higher in May but still 'extremely severe': government

Japan's consumer mood higher in May but still 'extremely severe': government

29 May 00:00 Investing.com 5710361974654591015.html
In rescue effort, Fed has broad stake in corporate America's fortunes

29 May 00:00 1 article

In rescue effort, Fed has broad stake in corporate America's fortunes

In rescue effort, Fed has broad stake in corporate America's fortunes

29 May 00:00 Investing.com 5710361974642756641.html
No Bombshells From Trump, FX Rally In Relief

29 May 00:00 1 article

No Bombshells From Trump, FX Rally In Relief

Forex Analysis by Kathy Lien covering: AUD/USD, USD/CAD. Read Kathy Lien's latest article on Investing.com

29 May 00:00 Investing.com 5710361974551435403.html
Virgin Australia's administrator to shortlist two bidders early next week

29 May 00:00 1 article

Virgin Australia's administrator to shortlist two bidders early next week

Virgin Australia's administrator to shortlist two bidders early next week

29 May 00:00 Investing.com 5710361974454488819.html
Stay-at-home virus order eases pushing gasoline prices higher

29 May 00:00 1 article

Stay-at-home virus order eases pushing gasoline prices higher

SOUTHLAND – (INT) – Supply and demand is pushing gasoline prices higher as the COVID-19 lock-down eases and people become more mobile. Prices are moving closer to 3-dollars-a-gallon. The Automobile Club’s Gas Watch puts the California average for 87-octane regular at $2.88. In the Riverside-San Bernardino area, pump prices gained 6-cents-a-gallon the past week for an average of $2.85. “Gas price averages continue to be more than a dollar lower than this time last year and more than 60 cents lower than at the beginning of March when the pandemic began affecting gasoline demand,” Auto Club spokesman Jeffrey Spring said.

29 May 00:00 Inlandnewstoday 5627894674112577285.html
Job losses hit less-educated hardest

29 May 00:00 1 article

Job losses hit less-educated hardest

SAN FRANCISCO - (INT) - The COVID-19 recession has already led to much larger declines in employment than occurred throughout the Great Recession, and jobs have been lost much more quickly. As with past recessions, less-educated workers are bearing the brunt of these declines. Nationwide, almost 20 million workers lost jobs between February and April this year (among adults age 25 and over). Employment declined by about 7 million over a much longer period during the Great Recession. So far, less-educated workers—those without bachelor’s or graduate degrees—have accounted for 80% of all employment declines in the pandemic recession. Workers with degrees also tend to do better during economic recoveries. After the Great Recession, employment growth among educated workers was robust, but employment among less-educated workers never fully recovered. Employment among college graduates is much higher today (by about 11 million) than at the economic peak prior to the Great Recession. In contrast, employment among less…

29 May 00:00 Inlandnewstoday 5627894673930366995.html
Finance Ministry statement on controversial Covid-19 tender

29 May 00:00 1 article

Finance Ministry statement on controversial Covid-19 tender

PERMANENT Secretary in the Ministry of Finance and Economic Development, George Guvamatanga, has been in the eye of a storm amid reports he authored a letter to the Health Ministry pushing for the payment of funds to suppliers of Covid-19 equipment.

29 May 00:00 The Zimbabwe Mail 3765424161650996489.html
Kersia acquires Holchem to become Europe’s second biggest food safety company

29 May 00:00 1 article

Kersia acquires Holchem to become Europe’s second biggest food safety company

Biosecurity and food safety company Kersia has acquired UK-based Holchem from Ecolab in a deal that will see it become Europe’s second largest food safety company.

29 May 00:00 FoodNavigator.com 3674007565650072501.html
Retail trade turnover in Latvia down 9% in April

29 May 00:00 1 article

Retail trade turnover in Latvia down 9% in April

Compared to April 2019, total retail trade turnover reduced by 9.0 % in April 2020. Turnover of retail trade in food products has declined by 3.5 %.

29 May 00:00 BNN - Baltic News Network 1847219823386250013.html
In Poland, key automotive industry has been hit most by crisis

29 May 00:00 1 article

In Poland, key automotive industry has been hit most by crisis

Poland has a traditionally developed automotive sector, which normally is a driving force for the country’s industry and exports. This spring, however, passenger car production has dropped by 99% on an annual basis in Poland, according to the Polish Central Statistical Office, DW reports.

29 May 00:00 BNN - Baltic News Network 1847219822270856539.html
COVID-19 impact | Commercial real estate space take-up may shrink by 20-25%

29 May 00:00 1 article

COVID-19 impact | Commercial real estate space take-up may shrink by 20-25%

A few companies, especially mid-sized and large firms, may even consider the subscription-based option of work from home wherein their long-term real estate needs would be optimised.

29 May 00:00 Moneycontrol 1603024965446487408.html
Government mulls further measures for NBFCs, markets: Report

29 May 00:00 1 article

Government mulls further measures for NBFCs, markets: Report

At a meeting chaired by FM Sitharaman, RBI officials raised concerns over liquidity challenges being faced by NBFCs and various state and micro finances.

29 May 00:00 Moneycontrol 1603024965276719313.html
Reviving Jet Airways: Long list of suitors surprises. But the big question remains

29 May 00:00 1 article

Reviving Jet Airways: Long list of suitors surprises. But the big question remains

The list includes a few known, and some unknown names, and even an airline

29 May 00:00 Moneycontrol 1603024965256121163.html
Wipro's new CEO: Can foreign executives succeed in Indian IT firms?

29 May 00:00 1 article

Wipro's new CEO: Can foreign executives succeed in Indian IT firms?

Wipro's peers TCS and HCL Tech have always placed faith in long-timers.

29 May 00:00 Moneycontrol 1603024965112212963.html
TV sees uptick in ad volumes; advertisers like Byju's and Netflix increase ad spends

29 May 00:00 1 article

TV sees uptick in ad volumes; advertisers like Byju's and Netflix increase ad spends

New advertisers like Vivo, Cadbury, Kia Motors, Faasos , Bajaj, Sharp India, Hoichoi , Apple advertised on TV in week 20.

29 May 00:00 Moneycontrol 1603024965067932802.html
Modi Govt 2.0 | Bold steps with a focus on long-term reforms

29 May 00:00 1 article

Modi Govt 2.0 | Bold steps with a focus on long-term reforms

The Narendra Modi-led government has enacted several vital reforms and taken long-term policy decisions aimed at restructuring the economy

29 May 00:00 Moneycontrol 1603024965053959558.html
Silver rises on improved industrial demand outlook, rise in US-China tensions

29 May 00:00 1 article

Silver rises on improved industrial demand outlook, rise in US-China tensions

In the futures market, silver for July delivery touched an intraday high of Rs 48,868 and a low of Rs 48,452 per kg on the MCX.

29 May 00:00 Moneycontrol 1603024965026162659.html
Buy Orient Cement target of Rs 65: Anand Rathi

29 May 00:00 1 article

Buy Orient Cement target of Rs 65: Anand Rathi

Anand Rathi is bullish on Orient Cement has recommended buy rating on the stock with a target price of Rs 65 in its research report dated May 28, 2020.

29 May 00:00 Moneycontrol 1603024965022733509.html
S&P, Dow Jones open lower on jitters over Trump's China response

29 May 00:00 1 article

S&P, Dow Jones open lower on jitters over Trump's China response

The Dow Jones Industrial Average fell 76.49 points, or 0.30 percent, at the open to 25,324.15, and the S&P 500 opened lower by 4.56 points, or 0.15 percent, at 3,025.17.

29 May 00:00 Moneycontrol 1603024964983397323.html
COVID-19 impact | Re-mobilisation of workforce at project sites an arduous task: Voltas

29 May 00:00 1 article

COVID-19 impact | Re-mobilisation of workforce at project sites an arduous task: Voltas

In its March quarter (Q4) results, the company posted a 12.7 percent year-on-year (YoY) growth in net profit at Rs 160 crore.

29 May 00:00 Moneycontrol 1603024964968119949.html
Euro zone companies tap banks for cash to survive pandemic

29 May 00:00 1 article

Euro zone companies tap banks for cash to survive pandemic

Lending growth to non-financial corporations accelerated to 6.6 percent in April, its fastest rate in over 11 years, from 5.5 percent a month earlier, the data showed.

29 May 00:00 Moneycontrol 1603024964965808213.html
Softbank-Bharti JV in talks for $500-$750 million fundraise: Report

29 May 00:00 1 article

Softbank-Bharti JV in talks for $500-$750 million fundraise: Report

Potential investors such as infra-focused private equity funds, sovereign wealth funds, global utilities and pension funds will be formally approached in the next weeks

29 May 00:00 Moneycontrol 1603024964948204005.html
Middle East rich most cautious after oil plunge, COVID-19 crisis: Barclays

29 May 00:00 1 article

Middle East rich most cautious after oil plunge, COVID-19 crisis: Barclays

Haider said risk sentiment was also down in Russia, another oil-rich economy, while appetite was subdued in India.

29 May 00:00 Moneycontrol 1603024964927788728.html
Flight operations to return to pre-COVID-19 levels by Diwali: Hardeep Singh Puri

29 May 00:00 1 article

Flight operations to return to pre-COVID-19 levels by Diwali: Hardeep Singh Puri

Domestic flight operations resumed in a staggered manner after a gap of two months on May 25.

29 May 00:00 Moneycontrol 1603024964918440600.html
Buy United Spirits; target of Rs 650: ICICI Direct

29 May 00:00 1 article

Buy United Spirits; target of Rs 650: ICICI Direct

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

29 May 00:00 Moneycontrol 1603024964811913889.html
Delhi HC restrains OLX, Quikr from posting fake Reliance job ads on web portals

29 May 00:00 1 article

Delhi HC restrains OLX, Quikr from posting fake Reliance job ads on web portals

Justice Mukta Gupta, in two separate interim orders, said RIL and Reliance Jio Infocomm Ltd have made out a prima facie case in their favour and in case no ad-interim injunction is granted they would suffer an irreparable loss and balance of convenience also lies in their favour.

29 May 00:00 Moneycontrol 1603024964741512890.html
China's Didi Chuxing raises over $500 million for autonomous driving unit

29 May 00:00 1 article

China's Didi Chuxing raises over $500 million for autonomous driving unit

The ridehailing giant said the round was led by SoftBank Vision Fund 2 and marks the first time Didi's autonomous driving business has brought in external funding since it was established.

29 May 00:00 Moneycontrol 1603024964729686871.html
Cisco to acquire software firm ThousandEyes

29 May 00:00 1 article

Cisco to acquire software firm ThousandEyes

The deal is worth nearly $1 billion, Bloomberg reported earlier, citing sources.

29 May 00:00 Moneycontrol 1603024964627358586.html
RIL Rights Entitlement shares ends at 7% premium over intrinsic value on May 29

29 May 00:00 1 article

RIL Rights Entitlement shares ends at 7% premium over intrinsic value on May 29

The intrinsic value is the difference between Reliance Industries share price (Rs 1,460) and rights issue price (Rs 1,257).

29 May 00:00 Moneycontrol 1603024964607709284.html
Buy Federal Bank; target of Rs 54: Emkay Global Financial

29 May 00:00 1 article

Buy Federal Bank; target of Rs 54: Emkay Global Financial

Emkay Global Financial is bullish on Federal Bank has recommended buy rating on the stock with a target price of Rs 54 in its research report dated May 28, 2020.

29 May 00:00 Moneycontrol 1603024964592382744.html
COVID-19 pandemic: US consumer spending tumble in April

29 May 00:00 1 article

COVID-19 pandemic: US consumer spending tumble in April

The Commerce Department said on Friday consumer spending, which accounts for more than two-thirds of U.S. economic activity, plunged 13.6 percent last month.

29 May 00:00 Moneycontrol 1603024964495244188.html
'It is still too early to say that it is the end of the SIP trend'

29 May 00:00 1 article

'It is still too early to say that it is the end of the SIP trend'

SIP flows have reduced for just about a month or two, during the last two months of the lockdown, but we cannot ignore that there have been genuine challenges on mobility.

29 May 00:00 Moneycontrol 1603024964446176725.html
Wall Street ends down in late selloff; Facebook and China weigh

29 May 00:00 1 article

Wall Street ends down in late selloff; Facebook and China weigh

The Dow Jones Industrial Average fell 147.63 points, or 0.58%, to 25,400.64, the S&P 500 lost 6.4 points, or 0.21%, to 3,029.73 and the Nasdaq Composite dropped 43.37 points, or 0.46%, to 9,368.99.

29 May 00:00 Moneycontrol 1603024964384515586.html
Morgan Stanley not given advisory role on Aramco pipeline sale: Sources

29 May 00:00 1 article

Morgan Stanley not given advisory role on Aramco pipeline sale: Sources

The U.S. investment bank, which has previously advised the world's largest oil company, was originally looking to be part of the advisory group on any deal, the sources added.

29 May 00:00 Moneycontrol 1603024964297627877.html
China's Geely raises $836 million from share sale

29 May 00:00 1 article

China's Geely raises $836 million from share sale

Hong Kong-based Geely has sold 600 million primary shares at the bottom of the HK$10.80-HK$11.20 ($1.39-$1.44) price range, or at a 7.85% discount to the last closing price of HK$11.72, according to its release.

29 May 00:00 Moneycontrol 1603024964265036310.html
Exclusive | PE firm ChrysCapital to buy out Capital International's stake in Intas Pharmaceuticals

29 May 00:00 1 article

Exclusive | PE firm ChrysCapital to buy out Capital International's stake in Intas Pharmaceuticals

Capital International wanted to exit the firm because its parent Capital Group is looking to shift focus away from the private equity vertical.

29 May 00:00 Moneycontrol 1603024964256084651.html
Low Q4 growth telling commentary on economic mismanagement of BJP govt: Chidambaram

29 May 00:00 1 article

Low Q4 growth telling commentary on economic mismanagement of BJP govt: Chidambaram

India's economic growth slowed to 3.1 percent in January-March and to an 11-year low of 4.2 percent for the full fiscal 2019-20 amid a drop in consumption and investment.

29 May 00:00 Moneycontrol 1603024964199471251.html
Japan's jobless rate rises to 2.6% in April: Government

29 May 00:00 1 article

Japan's jobless rate rises to 2.6% in April: Government

The seasonally adjusted unemployment rate was 2.6% in April, up from 2.5% in March, figures from the Ministry of Internal Affairs and Communications showed. The median forecast was 2.7%

29 May 00:00 Moneycontrol 1603024964179035019.html
Market-wide rollover remains strong, expect Nifty to move towards 10,000-10,200

29 May 00:00 1 article

Market-wide rollover remains strong, expect Nifty to move towards 10,000-10,200

Marketwide rollover is seen at 93 percent. Nifty rollover is at 76 percent as compared to 3-month average of 70 percent. Bank Nifty rollover is seen at 81 percent as compared to 3-month average of 71 percent.

29 May 00:00 Moneycontrol 1603024964021514611.html
Cane arrear reaches Rs 17,134 crore so far in 2019-20 season: Centre

29 May 00:00 1 article

Cane arrear reaches Rs 17,134 crore so far in 2019-20 season: Centre

Under the Sugarcane (Control) Order, 1966, sugar mills are required to make cane price payment to farmers within 14 days of supply of cane. If mills fail to make payment, they have to pay interest at the rate of 15 per cent per annum on amount due for the delayed period beyond 14 days.

29 May 00:00 Moneycontrol 1603024964005982595.html
GDP numbers: Data collection affected due to COVID-19 outbreak, says government

29 May 00:00 1 article

GDP numbers: Data collection affected due to COVID-19 outbreak, says government

The GDP growth for FY2019-20 came in at 4.2 percent, against 6.1 percent in FY 2018-19.

29 May 00:00 Moneycontrol 1603024964002400698.html
Indian carriers in 'survival' mode, need sustainable revival: IATA CEO Alexandre de Juniac

29 May 00:00 1 article

Indian carriers in 'survival' mode, need sustainable revival: IATA CEO Alexandre de Juniac

Speaking at a webinar hosted by the aviation consultancy Centre for Asia Pacific Aviation (CAPA), de Juniac also forecast the air travel demand in India to drop by 47 percent and revenue by $11 billion this year over 2019 owing to the coronavirus pandemic.

29 May 00:00 Moneycontrol 1603024964001754735.html
Hold Wonderla Holidays target of Rs 145: Sharekhan

29 May 00:00 1 article

Hold Wonderla Holidays target of Rs 145: Sharekhan

Sharekhan recommended Hold rating on Wonderla Holidays with a target price of Rs 145 in its research report dated May 28, 2020.

29 May 00:00 Moneycontrol 1603024963991020140.html
'In battle between actual and perceived risk, gold to remain directionless'

29 May 00:00 1 article

'In battle between actual and perceived risk, gold to remain directionless'

A substantial correction in gold will only be seen when investors chose to exit the metal.

29 May 00:00 Moneycontrol 1603024963983440247.html
Buy Orient Cements; target of Rs 63: Cholamandalam securities

29 May 00:00 1 article

Buy Orient Cements; target of Rs 63: Cholamandalam securities

Cholamandalam securities is bullish on Orient Cements has recommended buy rating on the stock with a target price of Rs 63 in its research report dated May 29, 2020.

29 May 00:00 Moneycontrol 1603024963915650303.html
Investors can participate in NIIT Tech share buyback through these 2 strategies

29 May 00:00 1 article

Investors can participate in NIIT Tech share buyback through these 2 strategies

Given, the stock to perform well going ahead owing to increase in the order inflows & strong growth outlook, arbitrage benefit of 15-20 percent can be achieved easily in one month as on closing price (Rs 1,473).

29 May 00:00 Moneycontrol 1603024963846184811.html
NIIT Technologies share buyback issue opens; 10 key things to know

29 May 00:00 1 article

NIIT Technologies share buyback issue opens; 10 key things to know

The IT company proposed to raise Rs 337.46 crore through the buyback offer.

29 May 00:00 Moneycontrol 1603024963816863183.html
Procter & Gamble Health posts net profit of Rs 46.5 crore for March quarter

29 May 00:00 1 article

Procter & Gamble Health posts net profit of Rs 46.5 crore for March quarter

It had posted a net profit of Rs 40.70 crore in the corresponding quarter a year ago, Procter & Gamble Health said in a regulatory filing.

29 May 00:00 Moneycontrol 1603024963791786696.html
Buy Tube Investments of India; target of Rs 425: ICICI Direct

29 May 00:00 1 article

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

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

29 May 00:00 Moneycontrol 1603024963749927191.html
Wall Street retreats ahead of Trump's response on Hong Kong

29 May 00:00 1 article

Wall Street retreats ahead of Trump's response on Hong Kong

President Donald Trump, who has warned of a tough response to China's move, is expected to make an announcement later in the day.

29 May 00:00 Moneycontrol 1603024963697471113.html
Wipro's new CEO Thierry Delaporte has an impressive CV but challenges galore: Experts

29 May 00:00 1 article

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

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

29 May 00:00 Moneycontrol 1603024963631016671.html
Due diligence important for residential real estate projects post COVID-19

29 May 00:00 1 article

Due diligence important for residential real estate projects post COVID-19

The pandemic may impact cashflows to real estate projects with delays in customer collections and unwillingness of banks and NBFCs to provide further funding.

29 May 00:00 Moneycontrol 1603024963575101270.html
COVID-19 impact | Blackberrys to align physical stores with digital capabilities

29 May 00:00 1 article

COVID-19 impact | Blackberrys to align physical stores with digital capabilities

Premium menswear brand Blackberrys is gearing up to restart its business after the COVID-19-led disruption.

29 May 00:00 Moneycontrol 1603024963559203586.html
FIIs pare stake in 90% Nifty companies in Q4; trend may continue in coming quarter

29 May 00:00 1 article

FIIs pare stake in 90% Nifty companies in Q4; trend may continue in coming quarter

The trend may remain unabated in the coming quarters too if the current situation does not change even as there are some positives that are comforting, said experts.

29 May 00:00 Moneycontrol 1603024963538968046.html
Dilip Buildcon raises Rs 100 crore through NCDs

29 May 00:00 1 article

Dilip Buildcon raises Rs 100 crore through NCDs

Highways builder Dilip Buildcon on Friday said it has raised Rs 100 crore through allotment of NCDs on a private placement basis. The company said it has allotted 1,000 Non Convertible Debentures (NCDs) of face value of Rs 10 lakh each.

29 May 00:00 Moneycontrol 1603024963517076646.html
Buy Coal India; target of Rs 264: ICICI Securities

29 May 00:00 1 article

Buy Coal India; target of Rs 264: ICICI Securities

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

29 May 00:00 Moneycontrol 1603024963360734300.html
Rice sowing not progressed much after April 10: Agriculture Ministry data

29 May 00:00 1 article

Rice sowing not progressed much after April 10: Agriculture Ministry data

It may be noted that sowing of rice and other kharif crops is being undertaken amid the COVID-19 lockdown. Although farm activities are exempted from lockdown rules, the reasons are not known yet for slow area coverage under rice.

29 May 00:00 Moneycontrol 1603024963349267265.html
MarTech Minute: Criteo’s Retail Media ad platform, Agilify Training’s virtual Scrum Master course

29 May 00:00 1 article

MarTech Minute: Criteo’s Retail Media ad platform, Agilify Training’s virtual Scrum Master course

A quick round up of the latest marketing technology news and announcements.

29 May 00:00 MarTech Today 1569212799648484356.html
Here's the list of outperforming stocks rising most since lockdown

29 May 00:00 1 article

Here's the list of outperforming stocks rising most since lockdown

Eight leading promoter-controlled business houses have emerged as the new Corona warriors for the stock market

29 May 00:00 Business-Standard 1502508925337671879.html
ADB Approves $400 Million Loan to Support Philippines’ Capital Market Development

29 May 00:00 1 article

ADB Approves $400 Million Loan to Support Philippines’ Capital Market Development

The Asian Development Bank (ADB) has approved a $400 million policy-based loan to support the Philippine government’s efforts to strengthen domestic capital markets and reach its development goals of high, sustained economic growth and poverty reduction. The Support to Capital Market-Generated Infrastructure Financing Program, subprogram 1, aims to address key constraints that have limited the […]

29 May 00:00 Modern Diplomacy 4563921198231860772.html
Northrop Grumman Corporation (NOC) CEO Kathy Warden Presents at Bernstein's Virtual Strategic Decisions Conference (Transcript)

29 May 00:00 1 article

Northrop Grumman Corporation (NOC) CEO Kathy Warden Presents at Bernstein's Virtual Strategic Decisions Conference (Transcript)

Northrop Grumman Corporation (NYSE:NOC) Bernstein’s Virtual Strategic Decisions Conference May 27, 2020 09:00 AM ET Company Participants Kathy Warden - Chairman

29 May 00:00 Seeking Alpha 5725634557595809443.html
RBZ cuts Zipit transaction limits

29 May 00:05 1 article

RBZ cuts Zipit transaction limits

THE Reserve Bank of Zimbabwe (RBZ)’s Financial Intelligence Unit (FIU) has directed all banks to review downwards Zipit transaction limits to ZWL$20 000 a day from ZWL$100 000 following abuse of the facility by illicit foreign currency dealers. In a statement yesterday the Apex bank unit said it has directed Zimswitch, which operates the Zipit platform to immediately implement the new position. “The FIU has noted that the existing Zipit transaction limits, which have no monthly cap are being misused, primarily for illicit foreign currency transactions. “The current Zipit limits of ZWL$100 000 per day allow a customer (subject to any bank-specific limits) to move about ZWL$3 million per month, using a single account and much more if he or she is multi-banked and/or uses third party accounts,” said the FIU. It said the above limits have been reached on account that “very few” individuals in the country earn over ZWL$100 000 a day.

29 May 00:05 Chronicle 6294247025779767930.html
COMMENT: New forex retention ratio for gold miners should spur them on

29 May 00:05 1 article

COMMENT: New forex retention ratio for gold miners should spur them on

The gold mining industry got what it had been calling for when on Tuesday, the Government increased the foreign currency portion the miners retain after selling the metal to Fidelity Printers and Refiners (FPR). Gold is the country’s top foreign currency earner but for years the hard currency earnings had not been cascading in satisfactory amounts down to those who really generate it. They had been complaining that much of the equipment they need to produce optimally is imported, thus has to be paid for in foreign currency which they didn’t have. It indeed was ironic that having worked so hard to produce the country’s biggest foreign currency earner, the miners didn’t have the foreign currency themselves. They had to queue for long periods for the cash at the Reserve Bank like everyone else, including those that don’t generate any hard currency. Often, the gold miners failed to get it. Their businesses suffered as a result. But their sustained lobby bore fruit on Tuesday. FPR increased the retention threshold…

29 May 00:05 Chronicle 6294247025382684555.html
Airlines issue travel vouchers to avert refunds

29 May 00:05 1 article

Airlines issue travel vouchers to avert refunds

HARD hit by loss of business due to Covid-19 induced travel restrictions, airlines are issuing travel vouchers to passengers who purchased advance tickets and encouraging them to reschedule their flights instead of cancelling. A number of airlines have posted on their online platforms or websites while some have contacted passengers who booked with them before March when most of the flights were suspended, advising them to re-book for future using the same tickets. Some of the airlines are offering vouchers of the same value with the ticket held by the passengers for future use. Aviation is one of the sectors worst affected by the global pandemic with revenue losses estimated at around more than US$200 billion this year. The International Air Transport Association (IATA) has estimated a US$23 billion potential revenue loss by carriers in Africa and Middle East, with Middle East expected to lose US$19 billion and Africa US$4 billion this year. Aviation experts fear some airlines might collapse due to liquidity…

29 May 00:05 Chronicle 6294247024549535725.html
Ending lockdown

29 May 00:10 1 article

Ending lockdown

"The economy went dead. It has to be revived."     On Monday, June 1, 2020, most Filipinos will enjoy the benefits of relative freedom. June 1 is the first day after Asia’s strictest and the world’s longest lockdown ends, on May 31.

29 May 00:10 manilastandard.net 4715274785500162272.html
KKR & Co's (KKR) Management Presents at Bernstein Strategic Decisions Conference 2020 (Transcript)

29 May 00:25 1 article

KKR & Co's (KKR) Management Presents at Bernstein Strategic Decisions Conference 2020 (Transcript)

KKR & Co. Inc. (NYSE:KKR) Bernstein Strategic Decisions Conference 2020 Call May 28, 2020 3:00 PM ET Company Participants Scott Nuttall – Co-President and C

29 May 00:25 Seeking Alpha 5725634558001253671.html
Home in on that house

29 May 00:30 1 article

Home in on that house

If you thought the 2% cut in stamp duty was a good thing, wait a while.

29 May 00:30 Bangalore Mirror 4632149709769423375.html
Yes Bank Scam: Over 100 firms that ‘diverted’ money, Rs 87-crore gift to wife under ED lens

29 May 00:30 1 article

Yes Bank Scam: Over 100 firms that ‘diverted’ money, Rs 87-crore gift to wife under ED lens

The Enforcement Directorate (ED) is poring over the books of more than 100 companies owned/controlled/managed by the founder of the troubled Yes Bank, Rana Kapoor, and his family members.

29 May 00:30 Mumbai Mirror 1209961193151420970.html
IRCTC upgrades system for refunds into bank accounts

29 May 00:30 1 article

IRCTC upgrades system for refunds into bank accounts

The Indian Railway Catering and Tourism Corporation (IRCTC) has upgraded its system to facilitate credit of ticket refunds into bank accounts of passengers who had booked through authorised agents before the lockdown.

29 May 00:30 Mumbai Mirror 1209961192053986776.html
Lawrence Weekly to host town hall on small businesses reopening

29 May 00:32 1 article

Lawrence Weekly to host town hall on small businesses reopening

Clark County Commissioner Lawrence Weekly on Monday is hosting a Facebook town hall to answer questions that businesses might have as they set to reopen.

29 May 00:32 Las Vegas Review-Journal 8640648837781763654.html
Tourists could begin to return to Hawaii by late summer, economic report says | Honolulu Star-Advertiser

29 May 00:36 1 article

Tourists could begin to return to Hawaii by late summer, economic report says | Honolulu Star-Advertiser

The latest economic projections from the University of Hawaii Economic Research Organization suggest it will take at least two years for the mainland economy to recover from the coronavirus pandemic, with tourists beginning to return to Hawaii in late July of this year.

29 May 00:36 Star-Advertiser 3439335388408373118.html
Wide-Moat Stocks On Sale - The June 2020 Heat Map

29 May 00:40 1 article

Wide-Moat Stocks On Sale - The June 2020 Heat Map

Our 3-step process focuses on wide-moat stocks (as per Morningstar’s rating). We are only interested in those targets that are attractively valued in historical

29 May 00:40 Seeking Alpha 5725634557023485648.html
Hawaii explores ‘travel bubble’ with Japan amid tourism collapse | Honolulu Star-Advertiser

29 May 00:50 1 article

Hawaii explores ‘travel bubble’ with Japan amid tourism collapse | Honolulu Star-Advertiser

A pilot “travel bubble” with Japan that allows for relaxed travel restrictions between the two destinations might be a way for Hawaii tourism to start coming back from the 99.5% plunge that it took in April.

29 May 00:50 Star-Advertiser 3439335389112817319.html
U.S. Bancorp (USB) CEO Andy Cecere Presents at Bernstein Strategic Decisions Conference (Transcript)

29 May 00:50 1 article

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

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

29 May 00:50 Seeking Alpha 5725634557643710221.html
Book your hotel room... But check in whenever

29 May 01:00 1 article

Book your hotel room... But check in whenever

HOSPITALITY chiefs claim the Executive's decision to allow hotels in the north to take advance bookings "at risk" from June 8 but with no definitive dates is "causing confusion - and could lead to job losses on a massive scale".

29 May 01:00 The Irish News 993067291084306.html
Smiley Monroe resumes production at reduced capacity

29 May 01:00 1 article

Smiley Monroe resumes production at reduced capacity

LISBURN manufacturer Smiley Munroe, which makes heavy-duty conveyor belts and custom-cut rubber parts, has resumed production at a reduced capacity after a two-month covid-enforced temporary closure.

29 May 01:00 The Irish News 993065286146990.html
Lockdown wine consumption increase

29 May 01:00 1 article

Lockdown wine consumption increase

A European study released on 25 May concluded that the frequency of wine consumption “increased markedly” in Spain, France, Italy and Portugal during the lockdown period.

29 May 01:00 The Portugal News Online 5173906807843639793.html
Country encouraged to buy Portuguese

29 May 01:00 1 article

Country encouraged to buy Portuguese

A campaign has been launched to encourage the buying of Portuguese products to help boost the economy, complete with a seal of approval for national products.

29 May 01:00 The Portugal News Online 5173906806694155122.html
Best of BS Opinion: Diversity in boardrooms, earnings drought, and more

29 May 01:00 1 article

Best of BS Opinion: Diversity in boardrooms, earnings drought, and more

Here is a summary of Business Standard opinion pieces for the day

29 May 01:00 Business-Standard 1502508924733654160.html
Vietnam’s Development Strategy for Next Decade Must Put Productivity Growth Front and Center

29 May 01:00 1 article

Vietnam’s Development Strategy for Next Decade Must Put Productivity Growth Front and Center

A productivity-driven development model–combining innovation with balanced development and allocation of private, public, human and natural capital–will be key for Vietnam to achieve its goal of becoming a high-income economy by 2045, a new World Bank report suggests. The “Vibrant Vietnam: Forging the Foundation of a High-Income Economy” report, launched today, comes as the Government […]

29 May 01:00 Modern Diplomacy 4563921199369111432.html
PagSeguro Digital Ltd. (PAGS) CEO Ricardo Dutra on Q1 2020 Results - Earnings Call Transcript

29 May 01:05 1 article

PagSeguro Digital Ltd. (PAGS) CEO Ricardo Dutra on Q1 2020 Results - Earnings Call Transcript

PagSeguro Digital Ltd. (NYSE:PAGS) Q1 2020 Earnings Conference Call May 28, 2020 05:30 PM ET Company Participants Ricardo Dutra - Chief Executive Officer Eduard

29 May 01:05 Seeking Alpha 5725634557478251851.html
Amazon Faces A Brand New World

29 May 01:06 1 article

Amazon Faces A Brand New World

The top end of our fair value estimate range for Amazon stands at $2,465 per share. In this article, we cover our revenue, EBITDA, net operating cash flow, and

29 May 01:06 Seeking Alpha 5725634556984322090.html
Global coffee demand is expected to drop amid the coronavirus pandemic – which could be good news for Aussie cafes

29 May 01:11 1 article

Global coffee demand is expected to drop amid the coronavirus pandemic – which could be good news for Aussie cafes

A new report from agribusiness bank Rabobank estimates that global coffee demand will drop by one million 60kg bags in 2020 because of COVID-19’s impact on coffee consumption.

29 May 01:11 Business Insider Australia 5575934300140384819.html
Greece presents its tourism case to the world

29 May 01:23 1 article

Greece presents its tourism case to the world

Greece's Tourism Minister Harry Theoharis took part in the fifth e-meeting of the Global Tourism Crisis Committee, which convened on Thursday to address the

29 May 01:23 Greek City Times 1506177376883251902.html
Simon & Schuster names Jonathan Karp as new CEO

29 May 01:24 1 article

Simon & Schuster names Jonathan Karp as new CEO

He replaces Carolyn Reidy, who died two weeks ago.

29 May 01:24 The Hindu 6679535024875021672.html
RPT-Asia Rice-India prices retreat from highs, Vietnam sees fresh offers

29 May 01:30 1 article

RPT-Asia Rice-India prices retreat from highs, Vietnam sees fresh offers

(Repeats story sent on May 28)* Vietnam sees higher demand from Cuba, Malaysia and Philippines* Fewer takers for expensive Thai rice variety* Bangladesh likely to miss output target for 'Boro' riceBy Nakul IyerBENGALURU, May 28 (Reuters) - Indian export rice prices retreated this week from a more than one-year peak that slowed demand, while Vietnamese rates held near a two-year high as countries battling the coronavirus pandemic sought to bolster stocks.

29 May 01:30 Successful Farming 8502642054799773442.html
Hoegh LNG Holdings Ltd. (HOLHF) CEO Sveinung J.S. on Q1 2020 Results - Earnings Call Transcript

29 May 01:30 1 article

Hoegh LNG Holdings Ltd. (HOLHF) CEO Sveinung J.S. on Q1 2020 Results - Earnings Call Transcript

Hoegh LNG Holdings Ltd (OTC:HOLHF) Q1 2020 Earnings Conference Call May 28, 2020 03:00 AM ET Corporate Participants Sveinung J.S. - CEO Håvard Furu - CFO Presen

29 May 01:30 Seeking Alpha 5725634556908935743.html
FIRS: The burden of leadership - The Nation Nigeria

29 May 01:32 1 article

FIRS: The burden of leadership - The Nation Nigeria

But those who wear the crown know where it hurts. So it is with the leadership of the Federal Inland Revenue Service (FIRS) at....

29 May 01:32 Latest Nigeria News, Nigerian Newspapers, Politics 2658445900554560416.html
Industry chorus: Package not much help, govt must do the heavy lifting

29 May 01:35 1 article

Industry chorus: Package not much help, govt must do the heavy lifting

The survey was conducted after the latest round of easing, and the respondents included large companies, regional trade bodies, and also some small and medium enterprises across the manufacturing and services sectors.

29 May 01:35 The Indian Express 2885715105512355324.html
Food Is Essential, So Sell Naked Puts On Performance Food Group

29 May 01:39 1 article

Food Is Essential, So Sell Naked Puts On Performance Food Group

We love businesses that are essential to humans. Food distribution is one such business, and Performance Food Group is a value play. Selling naked puts against

29 May 01:39 Seeking Alpha 5725634556967556413.html
7 in 10 Australian businesses have seen revenue loss due to the coronavirus, according to new ABS figures

29 May 01:45 1 article

7 in 10 Australian businesses have seen revenue loss due to the coronavirus, according to new ABS figures

The coronavirus has had a massive impact on Australian businesses.

29 May 01:45 Business Insider Australia 5575934301592341442.html
Have mobile linked to Aadhaar? Get PAN instantly

29 May 01:50 1 article

Have mobile linked to Aadhaar? Get PAN instantly

India Business News: Now you can get a PAN allotted to you by the income tax department instantly if you have an Aadhaar-linked mobile number. The instant PAN will be a pa

29 May 01:50 The Times of India 6060938663844004835.html
Top biz headlines: Corona warriors for markets, Jet gets 7 new EoIs, & more

29 May 01:51 1 article

Top biz headlines: Corona warriors for markets, Jet gets 7 new EoIs, & more

Here are the top 10 headlines on Friday morning

29 May 01:51 Business-Standard 1502508925763316865.html
Paytm Mall in talks for Grofers stake as SoftBank pushes for consolidation

29 May 01:53 1 article

Paytm Mall in talks for Grofers stake as SoftBank pushes for consolidation

Online retailer Paytm Mall has held talks with e-grocer Grofers for a potential investment, multiple people in the know told ET, adding that the ongoing discussions may even lead to a merger.

29 May 01:53 The Economic Times 7653256037664384937.html
The Toronto-Dominion Bank (TD) CEO Bharat Masrani on Q2 2020 Results - Earnings Call Transcript

29 May 01:55 1 article

The Toronto-Dominion Bank (TD) CEO Bharat Masrani on Q2 2020 Results - Earnings Call Transcript

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

29 May 01:55 Seeking Alpha 5725634556381872060.html
Dumpster Diving: (Potbelly Corp. Edition)

29 May 01:56 1 article

Dumpster Diving: (Potbelly Corp. Edition)

Before COVID-19, Potbelly was showing tangible signs of a business turnaround. If you look at Q4 2019 results, the company had its best comps in three years at

29 May 01:56 Seeking Alpha 5725634557586084417.html
Ukraine's chief banker: Most of problems on labor market unrelated to COVID-19

29 May 01:58 1 article

Ukraine's chief banker: Most of problems on labor market unrelated to COVID-19

The second cause is low productivity.

29 May 01:58 UNIAN 6863008971272374663.html
Investors could look at top-rated company FDs as options shrink

29 May 01:59 1 article

Investors could look at top-rated company FDs as options shrink

The highest interest rate offered by SBI is 5.4 per cent after the 40-basis point cut.

29 May 01:59 The Economic Times 7653256036413260619.html
FDI inflows surge 18% in 2019-20 to record $74 billion

29 May 02:00 1 article

FDI inflows surge 18% in 2019-20 to record $74 billion

India Business News: India’s FDI inflows, including reinvested earnings, rose 18% to a record $73.5 billion during 2019-20, buoyed by a spurt in inflows into computer hard

29 May 02:00 The Times of India 6060938663426073075.html
Big firms lend hands to COVID-19 fight

29 May 02:10 1 article

Big firms lend hands to COVID-19 fight

The world faces unprecedented challenges brought by the coronavirus disease (COVID-19) pandemic.  It has changed the way communities, governments and businesses function, underscoring the importance of healthcare and public-private sector collaboration to help all communities affected by the crisis, especially those most vulnerable.  Providing unwavering assistance to the Filipino community, some of the country’s largest companies have joined the fight against COVID-19 in various and equally crucial ways. SM Group  The SM group of companies has donated over P170 million for medical sup-plies for hospitals combatting COVID-19 nationwide. The donation includes personal protective equipment such as suits, face shields, gloves, N95 and sur-gical masks and goggles, among others.  It is also shifting its focus to digital channels in order to ensure the continuity of its programs. The group has various efforts in the education, agriculture and healthcare as well as partnerships with brands like Goldilocks and Uniqlo…

29 May 02:10 manilastandard.net 4715274784375683168.html
Nissan Shares Fall as Turnaround Spending Leads to Massive Loss

29 May 02:17 1 article

Nissan Shares Fall as Turnaround Spending Leads to Massive Loss

Nissan Motor Co. shares fell as much as 7.7% after the Japanese automaker posted a 671 billion yen ($6.2 billion) net loss for the latest fiscal year due to new restructuring measures and the coronavirus pandemic.

29 May 02:17 Daily Maverick 2373996787902850690.html
The PH economy amid COVID-19

29 May 02:20 1 article

The PH economy amid COVID-19

After quarantine restrictions imposed in the middle of March, the Philippines is now slowly working its way around the coronavirus disease (COVID-19) pandemic with the loosening of restrictions to allow businesses even in several non-essential industries to restart operations, given health and safety protocols.  From a modified enhanced community quarantine, just recently, the Metro Manila Council, composed of the 17 mayors of the metropolis, have agreed to recommend the transition of the National Capital Region to a general community quarantine (GCQ) albeit still with limitations and restrictions by 1 June.  President Rodrigo is set to decide on the matter before the MECQ imposed in Metro Manila ends on 31 May. While a GCQ would allow more businesses and the economy to breath little following restrictions during the enhanced community quarantine, the COVID-19 crisis have no doubt gnawed at the country’s economic growth outlook as businesses reel from the impacts of COVID-19 measures such as lockdowns and travel…

29 May 02:20 manilastandard.net 4715274784214957712.html
Nifty view & stock calls by Nilesh Jain of Anand Rathi: Buy Titan, HCL Tech

29 May 02:21 1 article

Nifty view & stock calls by Nilesh Jain of Anand Rathi: Buy Titan, HCL Tech

If Nifty is unable to surpass its previous swing high of 9584.5, we can expect profit booking at higher levels

29 May 02:21 Business-Standard 1502508925377764465.html
Tapestry's (TPR) CEO Jide Zeitlin Presents at Bernstein Strategic Decisions Conference (Transcript)

29 May 02:22 1 article

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

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

29 May 02:22 Seeking Alpha 5725634557292133568.html
Outlook & trading strategies for Silver, crude oil by Tradebulls Securities

29 May 02:36 1 article

Outlook & trading strategies for Silver, crude oil by Tradebulls Securities

The outperformance in Silver is because it could benefit from optimism about increased industrial demand as economies reopen following the COVID-19 pandemic

29 May 02:36 Business-Standard 1502508925761420466.html
Here's a derivative strategy on Tata Motors by HDFC Securities

29 May 02:36 1 article

Here's a derivative strategy on Tata Motors by HDFC Securities

Long build up was seen in the Tata Motor Futures' on Thursday where we have seen 67% (Prov) rise in the Open Interest with price moving up by 2.9%.

29 May 02:36 Business-Standard 1502508925279767277.html
Afterpay says it 'rejects' the notion of performing credit checks on its customers. Here's why their arguments don't add up.

29 May 03:02 1 article

Afterpay says it 'rejects' the notion of performing credit checks on its customers. Here's why their arguments don't add up.

Afterpay has gone out on the defensive yet again, as calls for it to be brought into line persist.

29 May 03:02 Business Insider Australia 5575934301376302654.html
Taiwan 1Q20 economic growth rate estimated at 1.59%, says DGBAS

29 May 03:02 1 article

Taiwan 1Q20 economic growth rate estimated at 1.59%, says DGBAS

Taiwan's economic growth rate for the first quarter of 2020 is estimated at 1.59%, 0.05pp higher than the preliminary estimation of 1.54% made in April 2020 and the lowest quarterly level since the second quarter of 2016, according to the Directorate General of Budget, Accounting and Statistics (DGBAS) on May 28.

29 May 03:02 DIGITIMES 8411283748125146807.html
Gold price today: Rs 46,995 per 10 gram; silver at Rs 47,905 per kg

29 May 03:03 1 article

Gold price today: Rs 46,995 per 10 gram; silver at Rs 47,905 per kg

Gold price today: The price of 22-carat gold is about Rs 45,600 in New Delhi per 10 gram while in Chennai, the price is at Rs 44,310

29 May 03:03 Business-Standard 1502508926250584164.html
Station Casinos extends pay for workers through Wednesday

29 May 03:10 1 article

Station Casinos extends pay for workers through Wednesday

Station Casinos is extending regular pay and benefits for all full-time team members through Wednesday, one day before it will reopen select properties.

29 May 03:10 Las Vegas Review-Journal 8640648835860769133.html
Pub Of The Week: What to expect when you return to your local next week

29 May 03:14 1 article

Pub Of The Week: What to expect when you return to your local next week

Monday, June 1, 2020 will be remembered in Victoria’s pub life as a day of moment. After a shutdown in excess of two months to such a vital cog in people’s lives, your local can resume limited trad…

29 May 03:14 3AW693 News Talk 7618006915451945028.html
India News Headlines: Latest India Business News 29th May 2020

29 May 03:16 1 article

India News Headlines: Latest India Business News 29th May 2020

Latest India Business News 29th May 2020 - Jet Airways received fresh EoIs from 11 investors ahead of deadline which ends on Thursday.

29 May 03:16 Tentaran - there's more to life 1112023113524184376.html
Stocks to watch: RIL, Voda Idea, Wipro, Voltas, YES Bank, Cadila Healthcare

29 May 03:20 1 article

Stocks to watch: RIL, Voda Idea, Wipro, Voltas, YES Bank, Cadila Healthcare

Here's a look at the top stocks that may remain in focus today

29 May 03:20 Business-Standard 1502508924747055624.html
Epistar 4Q20 operation may turn profitable, says president

29 May 03:21 1 article

Epistar 4Q20 operation may turn profitable, says president

Epistar is likely to see operation swing into profitability in the fourth quarter of 2020 if the impact of the coronavirus pandemic eases off in the third quarter, according to company president Chin-yung Fan.

29 May 03:21 DIGITIMES 8411283749503469208.html
Ross Stores: The Valuation Appears Frothy

29 May 03:25 1 article

Ross Stores: The Valuation Appears Frothy

ROST quarterly revenue fell over 50% due to knock-on effects of the pandemic. Its cash flow fell hard and could remain challenged until all of its stores are re

29 May 03:25 Seeking Alpha 5725634557465273143.html
EOS completes acquisition of Audacy

29 May 03:34 1 article

EOS completes acquisition of Audacy

Electro Optic Systems Holdings Ltd. of Australia completed its acquisition May 28 of Silicon Valley startup Audacy and announced plans to spend approximately $1.2 billion Australian dollars ($800 million) to create the EOSLink satellite communications constellation.

29 May 03:34 SpaceNews 7631243598954084389.html
Indian IT to get first non-Indian CEO in Wipro’s Thierry Delaporte

29 May 03:35 1 article

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

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

29 May 03:35 The Economic Times 7653256037181841993.html
China LED makers expanding mini/micro LED capacities

29 May 03:35 1 article

China LED makers expanding mini/micro LED capacities

China-based major LED chip makers and packaging service providers, optimistic about demand for mini and micro LEDs, are currently pushing capacity expansions mainly for related applications, according to industry sources.

29 May 03:35 DIGITIMES 8411283749723629444.html
Simplo revenues to peak in 2Q20

29 May 03:41 1 article

Simplo revenues to peak in 2Q20

Notebook battery specialist Simplo Technology expects its second-quarter 2020 revenues to hit the peak for the year, judging from its order visibility, according to company chairman Raymond Sung.

29 May 03:41 DIGITIMES 8411283748252331732.html
Advantech obtains rush orders for medical equipment

29 May 03:55 1 article

Advantech obtains rush orders for medical equipment

Advantech has recently received strong rush orders for computing devices used in medical equipment from China and the US in the wake of coronavirus pandemic, according to company chairman KC Liu.

29 May 03:55 DIGITIMES 8411283749244010216.html
EOG Resources: The Three Wise Monkeys

29 May 03:59 1 article

EOG Resources: The Three Wise Monkeys

Revenues were $4.72 billion, up from $4.06 billion in the same quarter the previous year. Total production was a record of 874.1K Boep/d, up 13% from last year,

29 May 03:59 Seeking Alpha 5725634556689729611.html
Business Live: Indian shares fall ahead of GDP data; Vodafone jumps

29 May 04:06 1 article

Business Live: Indian shares fall ahead of GDP data; Vodafone jumps

Updates from the world of economy, markets, and finance

29 May 04:06 The Hindu 6679535025163072287.html
Government announces €115 million support package for air transport sector

29 May 04:08 1 article

Government announces €115 million support package for air transport sector

The Greek government on Thursday announced a package of measures amounting to €115 million to support the country’s air transport sector, hit hard by the

29 May 04:08 Greek City Times 1506177378177574749.html
Price crash: NNPC targets $10 oil production cost

29 May 04:10 1 article

Price crash: NNPC targets $10 oil production cost

’Femi Asu The Nigerian National Petroleum Corporation has said it is looking to drive down the cost of producing a barrel of crude oil to $10 and below in oilfields across the country. The Group ...

29 May 04:10 Punch Newspapers 3524240995965550370.html
‘Oil revenue may drop further to 25 per cent of budget’

29 May 04:18 1 article

‘Oil revenue may drop further to 25 per cent of budget’

With Nigeria’s revenue from oil and gas dropping by N425.52billion in the first quarter (Q1) of 2020 to N940.91billion, according to the Minister of Finance, Budget and National Planning, Zainab Ahmed

29 May 04:18 The Guardian 7580308505443940978.html
Buhari’s herculean task of lifting countrymen out of despair, poverty

29 May 04:18 1 article

Buhari’s herculean task of lifting countrymen out of despair, poverty

Having shrugged off the challenge of Atiku Abubakar, the candidate of the main opposition Peoples Democratic Party (PDP) at last year’s polls, President Muhammadu Buhari

29 May 04:18 The Guardian 7580308505776124801.html
Covid-19 pandemic may create opportunities to deepen India’s engagement with Africa

29 May 04:19 1 article

Covid-19 pandemic may create opportunities to deepen India’s engagement with Africa

India could also create a new fund for Africa and adapt its grant-in-aid assistance to reflect the current priorities. This could include support for new investment projects by Indian entrepreneurs especially in the pharmaceutical and healthcare sectors in Africa.

29 May 04:19 The Indian Express 2885715104972119934.html
Golar LNG's (GLNG) CEO Iain Ross on Q1 2020 Results - Earnings Call Transcript

29 May 04:22 1 article

Golar LNG's (GLNG) CEO Iain Ross on Q1 2020 Results - Earnings Call Transcript

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

29 May 04:22 Seeking Alpha 5725634556586144873.html
Row over N50b AMCON’s bailout, new loans for aviation

29 May 04:22 1 article

Row over N50b AMCON’s bailout, new loans for aviation

The Asset Management Corporation of Nigeria (AMCON) yesterday disclosed that it injected N50 billion to stabilise the operations of the aviation sector between 2012 and 2020.

29 May 04:22 The Guardian 7580308504172840070.html
It’s another uneventful year as aviation enters grim future

29 May 04:22 1 article

It’s another uneventful year as aviation enters grim future

President Muhammadu Buhari prior to 2015 election promised the aviation community just one item: a new national carrier in the status of the defunct Nigeria Airways. His choice of Capt. Hadi Sirika

29 May 04:22 The Guardian 7580308503874371110.html
General Electric (GE) Presents at Bernstein 36th Annual Strategic Decisions Virtual Conference (Transcript)

29 May 04:27 1 article

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

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

29 May 04:27 Seeking Alpha 5725634557509236452.html
CBN forecasts slower growth, reduces lending rate to 12.5%

29 May 04:27 1 article

CBN forecasts slower growth, reduces lending rate to 12.5%

Nike Popoola The Monetary Policy Committee on Thursday said the lower growth recorded in the economy in first quarter of 2020 was expected to dip slightly but with combined monetary and fiscal sti...

29 May 04:27 Punch Newspapers 3524240994080558843.html
Total FDI exceed $ 4180 million in nearly eight months: MIC

29 May 04:30 1 article

Total FDI exceed $ 4180 million in nearly eight months: MIC

Yangon—In nearly eight months of the current fiscal year, the total Foreign Direct Investments have exceeded 4,180 million US dollars, according to the statement by the Myanmar Investment Commission (MIC).  A total of 13 foreign investments—four proposals and two approvals by the MIC, three approvals by Yangon Region Investment Committee and four by Bago Region Investment Committee. The FDI amounts to 735.696 million US dollars, creating 9,761 jobs for locals. 

29 May 04:30 Eleven Media Group Co., Ltd 2672168647251391632.html
Nigeria better today, presidency insists

29 May 04:30 1 article

Nigeria better today, presidency insists

The presidency yesterday insisted Nigeria is better today than it was when President Muhammadu Buhari took over the reins of government on May 29, 2015.

29 May 04:30 The Guardian 7580308504187478955.html
Brighthouse Financial Inc: A 6.75% Preferred Stock IPO From This Life Insurer

29 May 04:34 1 article

Brighthouse Financial Inc: A 6.75% Preferred Stock IPO From This Life Insurer

Brighthouse's new preferred stock, BHFAO, is currently trading above its par value. The common stock does not pay dividend, but the company holds almost $9 bill

29 May 04:34 Seeking Alpha 5725634556074865333.html
Salesforce's (CRM) CEO Marc Benioff on Q1 2021 Results - Earnings Call Transcript

29 May 04:37 1 article

Salesforce's (CRM) CEO Marc Benioff on Q1 2021 Results - Earnings Call Transcript

Salesforce (NYSE:CRM) Q1 2021 Earnings Conference Call May 28, 2020 5:00 PM ET Company Participants Evan Goldstein – Senior Vice President of Investor Relations

29 May 04:37 Seeking Alpha 5725634556410183642.html
Should we fear post-pandemic inflation?

29 May 04:42 1 article

Should we fear post-pandemic inflation?

Inflation could well go through a yo-yo effect, as is already happening with other economic indicators.

29 May 04:42 The Economic Times 7653256036795867917.html
Brazil wants India to step up ethanol production to ‘balance’ world sugar market

29 May 04:49 1 article

Brazil wants India to step up ethanol production to ‘balance’ world sugar market

Last year, by producing more ethanol, we took away 10 mt of sugar from the world market, but for which it would have collapsed,” Eduardo Leão de Sousa said in an interview to The Indian Express.

29 May 04:49 The Indian Express 2885715105425853069.html
As Australia opens back up for businesses, jobseekers are once again searching for roles in hospitality and other hard-hit sectors

29 May 04:49 1 article

As Australia opens back up for businesses, jobseekers are once again searching for roles in hospitality and other hard-hit sectors

The Australian job market has just undergone what will go down as its strangest few months on record, as businesses begin reopening their doors.

29 May 04:49 Business Insider Australia 5575934300968527964.html
China, India soak up oil from floating storage as demand recovers

29 May 04:56 1 article

China, India soak up oil from floating storage as demand recovers

A total of 3.4 million tonnes of crude oil was discharged from floating storage into Asian markets in the past seven days, with China the top destination at 1.8 million tonnes and India second at 842,679 tonnes.

29 May 04:56 The Indian Express 2885715104931034198.html
Virtual marketplace helps firms sell wares online

29 May 05:00 1 article

Virtual marketplace helps firms sell wares online

Businesses adapting to lockdown can now sell their products directly to customers online through a virtual marketplace.

29 May 05:00 Shropshire Star 3480199992753723148.html
Jobs promise as Marston’s joins forces with Carlsberg

29 May 05:01 1 article

Jobs promise as Marston’s joins forces with Carlsberg

Jobs are likely to come to the West Midlands as it becomes the headquarters of a major new UK brewing operation.

29 May 05:01 Express & Star 7324224459134281696.html
GloFo abandons China fab

29 May 05:01 1 article

GloFo abandons China fab

Globalfoundries has filed papers to officially close its FD-SOI fab in Chengdu, China and lay off its 74 employees.

29 May 05:01 Electronics Weekly.com 6636672079858539428.html
Fears for several fashion stores after PAS Group enters voluntary administration

29 May 05:03 1 article

Fears for several fashion stores after PAS Group enters voluntary administration

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

29 May 05:03 myGC.com.au 214966661505146520.html
US: more than 40m job losses due to coronavirus

29 May 05:09 1 article

US: more than 40m job losses due to coronavirus

The number of Americans who lost their jobs in the past 10 weeks soared to more than 40 million, with unemployment claims continuing to rise, the Guardian writes. Earlier this month, department of labor reported that more than 20 million Americans lost th...

29 May 05:09 EUobserver 625925299013674653.html
EU Commission: Five-fold aid increase for fossil-fuel regions

29 May 05:11 1 article

EU Commission: Five-fold aid increase for fossil-fuel regions

The European Commission's recovery package increases five-fold the Just Transition Fund, which aims to support the transition of fossil fuel-dependent regions. But commission vice-president Frans Timmermans warned the allocation of funds could be anchored...

29 May 05:11 EUobserver 625925298788698210.html
TripAdvisor: Travel Rebound Play

29 May 05:18 1 article

TripAdvisor: Travel Rebound Play

TripAdvisor has permanently stripped out $65 million in operating expenses. Travel is starting to rebound as the CDC confirms COVID-19 pulled forward deaths of

29 May 05:18 Seeking Alpha 5725634556945954135.html
Token distribution for free essentials at ration shops starts in TN

29 May 05:21 1 article

Token distribution for free essentials at ration shops starts in TN

The Tamilnadu government, which has decided to distribute essentials free of cost to family card holders for the month of June too in view of the ongoing Covid-19 induced lockdown, started distributing tokens at doorstep of consumers from today. This will go on till 31 May. Continue Reading →

29 May 05:21 News Today 4115950002332669835.html
Rupee rises 7 paise against the US dollar; all eyes on GDP data

29 May 05:26 1 article

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

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

29 May 05:26 The Economic Times 7653256036476149663.html
Oil and gas geopolitics and its end

29 May 05:30 1 article

Oil and gas geopolitics and its end

Let us see how oil barrel prices have really fluctuated in recent weeks: in April, in fact, the European and Asian Brent benchmark, in parallel with the US West Texas Intermediate (WTI), decreased by about 1 U.S. dollar per barrel a day.   The WTI, however, is a mixture of different light and sweet American crude […]

29 May 05:30 Modern Diplomacy 4563921199130635968.html
New heat seam machine for sealing PPEs launched

29 May 05:31 1 article

New heat seam machine for sealing PPEs launched

At a time when the country was battling the spread the coronavirus pandemic, which has affected the economy, three garment firms in Tiruppur along with an engineering industry have come up with a new heat seam sealing machine used for sealing PPE units under Prime Minister Narendra Modi's Atma Nirbhar scheme. Continue Reading →

29 May 05:31 News Today 4115950002901872006.html
What's the cost of Covid lockdown? Today’s GDP data will give an idea

29 May 05:33 1 article

What's the cost of Covid lockdown? Today’s GDP data will give an idea

To be sure, Indias growth was already at a six-year-low during the pre-lockdown period.

29 May 05:33 The Economic Times 7653256037626196390.html
Don't Go All Negative On Me

29 May 05:33 1 article

Don't Go All Negative On Me

Given the current state of the U.S. economy and the prior dislocations in the money and bond markets, there has been an increasing amount of chatter regarding w

29 May 05:33 Seeking Alpha 5725634556984068816.html
Bet on agrarian theme as rural economic recovery will stand out: Mukul Kochhar

29 May 05:42 1 article

Bet on agrarian theme as rural economic recovery will stand out: Mukul Kochhar

‘We have had a very good winter harvest this time

29 May 05:42 The Economic Times 7653256037402294698.html
Indian IT eyes captives as global companies rejig operations

29 May 05:49 1 article

Indian IT eyes captives as global companies rejig operations

Global companies look to outsource work to large services firms to offset demand slowdown.

29 May 05:49 The Economic Times 7653256036774080523.html
Almost half a million Australians will have their robodebts refunded

29 May 05:59 1 article

Almost half a million Australians will have their robodebts refunded

The federal government will refund $721 million recouped from 470,000 people through the controversial “robodebt” scheme. Under the contentious “robodebt” program, welfare r…

29 May 05:59 3AW693 News Talk 7618006914736840677.html
Seplat targets more acquisitions as shareholders get $59m dividends

29 May 05:59 1 article

Seplat targets more acquisitions as shareholders get $59m dividends

Seplat Petroleum Development Company Plc remains a resilient business with strong balance sheet to acquire more oil and gas assets and ensure sustainable...

29 May 05:59 Latest Nigeria News, Nigerian Newspapers, Politics 2658445900555741483.html
The Topsy-Turvy S&P 500 Earnings Picture

29 May 05:59 1 article

The Topsy-Turvy S&P 500 Earnings Picture

I am hard-pressed to see how S&P 500 earnings in this frustrating pandemic will only fall to $125 in calendar 2020. The once hoped-for V-shaped recovery has giv

29 May 05:59 Seeking Alpha 5725634556801083578.html
Save-on-Foods ends hazard pay for staff, other grocers continue it

29 May 06:00 1 article

Save-on-Foods ends hazard pay for staff, other grocers continue it

Essential service workers in the grocery sector receiving extra pay during the pandemic will be watching their paycheques in the coming weeks as companies re-evaluate how they compensate employees.. . .

29 May 06:00 Times Colonist 7617512062017680967.html
ASB Quarterly Economic Forecast: Fast and furious

29 May 06:00 1 article

ASB Quarterly Economic Forecast: Fast and furious

New Zealand is emerging out of lockdown into a very different world to the one we all heralded in at the start of the year, and although for us the health crisis may be easing, the economic one is only just starting.

29 May 06:00 www.voxy.co.nz 6138926313939512278.html
Auto index outperforms benchmark Sensex for second straight month

29 May 06:00 1 article

Auto index outperforms benchmark Sensex for second straight month

In the past two months, M&M has rallied 55%, while Hero MotoCorp soared 46% followed by Escorts (up 37%) and Bajaj Auto (up 32%)

29 May 06:00 Business-Standard 1502508926111214522.html
External borrowings to rescue as Senate cuts 2020 budget to N10.509 trillion

29 May 06:00 1 article

External borrowings to rescue as Senate cuts 2020 budget to N10.509 trillion

The Federal Government yesterday changed the earlier plan of drastically slashing the 2029 passed budget of N10.594trillion to N9trillion by reducing it with just about N85billion through a new proposal of N10.509trillion .

29 May 06:00 The Guardian 7580308504631764895.html
Southwestern Energy: Bullish On Gas Prices, But Clarity On 2021 Hedges Needed

29 May 06:03 1 article

Southwestern Energy: Bullish On Gas Prices, But Clarity On 2021 Hedges Needed

The natural gas markets are poised to rally substantially, as production is declining, while the summer is expected to be abnormally warm. SWN follows a rolling

29 May 06:03 Seeking Alpha 5725634557612117206.html
Oklahoma oil prices and drilling report for May 29, 2020

29 May 06:05 1 article

Oklahoma oil prices and drilling report for May 29, 2020

Oklahoma crude oil prices as of 5 p.m. Thursday: Oklahoma Sweet: Sunoco Inc. — $30.25 Oklahoma Sour: Sunoco Inc. — $18.25 Oklahoma oil and gas drilling activity posted May 13: COMPLETION Canadian: Citizen Energy III LLC; Jameson No. 2H-4-33 Well; NW1/4 NW1/4 NE1/4 NW1/4 (SL) of 09-12N-10W; 10,646,000 cu-ft gas per day, TD 23,600. Custer: Citizen Energy III LLC; South Thomas No. 1H-26-35 Well; NE1/4 SE1/4 SE1/4 SW1/4 (SL) of 23-14N-15W; 7,179,000 cu-ft gas per day, TD 25,850. INTENT TO DRILL No postings. SOURCE: OIL-LAW RECORDS CORP.

29 May 06:05 THE OKLAHOMAN 7193318761793917775.html
Neimeth’s share price rises by 114.6% in 2 months

29 May 06:05 1 article

Neimeth’s share price rises by 114.6% in 2 months

Neimeth International Pharmaceuticals Plc’s share price rose by 9.57 per cent to N1.03 per share on Thursday at the Nigerian Stock Exchange (NSE)....

29 May 06:05 Latest Nigeria News, Nigerian Newspapers, Politics 2658445900043425010.html
Asian buyers set to resume wheat purchases after 2-month hiatus-sources

29 May 06:08 1 article

Asian buyers set to resume wheat purchases after 2-month hiatus-sources

* Buyers led by Indonesia looking for Black Sea cargoes* Deals likely to be signed in early June for July-Aug shipmentBy Naveen ThukralSINGAPORE, May 29 (Reuters) - Asian grain buyers are ready to re-enter the market after a pause of about two months caused by the coronavirus lockdowns, seeking wheat from Black Sea suppliers, two trade sources said.Millers across the region, including the no. 2 global importer Indonesia, are looking for new-crop Black Sea wheat for July-August shipment.

29 May 06:08 Successful Farming 8502642054084040800.html
SMEs need a tech upgrade to survive in the Covid-19 economy

29 May 06:17 1 article

SMEs need a tech upgrade to survive in the Covid-19 economy

Promoted | Strict lockdown restrictions and social distancing measures aimed at curbing the spread of the novel coronavirus (Covid-19) shut down businesses and limited human movement.

29 May 06:17 TechCentral 724913819272267845.html
Access Bank plans more loans for health care - The Nation Nigeria

29 May 06:17 1 article

Access Bank plans more loans for health care - The Nation Nigeria

Access Bank Plc is set to disburse loans through the Central Bank of Nigeria (CBN) credit support scheme to boost the pharmaceutical and healthcare...

29 May 06:17 Latest Nigeria News, Nigerian Newspapers, Politics 2658445900604553237.html
Weekly Sentiment Indicators Improving

29 May 06:17 1 article

Weekly Sentiment Indicators Improving

33.07% of respondents in AAII's weekly sentiment survey reported as bullish this week, up from 29% last week. After the 1.17-percentage point decline to 42.13%

29 May 06:17 Seeking Alpha 5725634556273458521.html
Industry cries foul over Mahavitaran's new billing system

29 May 06:18 1 article

Industry cries foul over Mahavitaran's new billing system

An industrial unit from Sangli whose consumption was 7595 units in March under new system received a bill for 37,650 units and got five times bill.

29 May 06:18 Mumbai Mirror 1209961192288287929.html
CREATE bill passage to instantly benefit biz

29 May 06:22 1 article

CREATE bill passage to instantly benefit biz

Passage of the proposed Corporate Recovery and Tax Incentives for Enterprises Act bill until the Senate’s session on June 3 would benefit the business sector starting July 1.

29 May 06:22 Journal Online 6375127391916780727.html
Emperador Inc. posts P51.6-B revenues

29 May 06:26 1 article

Emperador Inc. posts P51.6-B revenues

Emperador Inc., the world’s largest brandy company, registered revenues of P51.6 billion in 2019, up 10 percent compared to the previous year. 

29 May 06:26 Journal Online 6375127392887922719.html
COVID-19: AMCON seeks aviation sector bailout - Premium Times Nigeria

29 May 06:26 1 article

COVID-19: AMCON seeks aviation sector bailout - Premium Times Nigeria

The Asset Management Corporation of Nigeria (AMCON) has asked the federal government to bailout the aviation sector...........

29 May 06:26 Premium Times Nigeria 5456729299827100809.html
Worley to provide EPC services for consumer-plastics-to-BTX plant in U.S.

29 May 06:29 1 article

Worley to provide EPC services for consumer-plastics-to-BTX plant in U.S.

Worley (North Sydney, Australia) will provide engineering, procurement, and construction (EPC) services for Encina’s (Houston) consumer-plastics-to benzene

29 May 06:29 Chemical Engineering 9204118372853013991.html
Committee for Ballarat webinar explores economic recovery post COVID-19

29 May 06:30 1 article

Committee for Ballarat webinar explores economic recovery post COVID-19

While the path to economic recovery from the coronavirus pandemic remains uncertain, leaders are looking to identify and capitalise on new opportunities for regional Victoria.

29 May 06:30 The Courier 3604583735199776336.html
Measure vs. pandemic threats to FIs approved

29 May 06:33 1 article

Measure vs. pandemic threats to FIs approved

A bill seeking to strengthen the resiliency of the country’s financial industry has gained traction with its second reading approval in the House of Representatives.

29 May 06:33 Journal Online 6375127392569677882.html
Covid-19 pandemic may increase China’s deficit to historic high

29 May 06:35 1 article

Covid-19 pandemic may increase China’s deficit to historic high

29 May Economies across the world have announced stimulus packages to deal with the impact caused by the Covid-19 pandemic....Read More...

29 May 06:35 Mining Technology 639193376941777948.html
India using public digital infra to achieve economic goals at home, connect globally: Jawed Ashraf

29 May 06:45 1 article

India using public digital infra to achieve economic goals at home, connect globally: Jawed Ashraf

India's High Commissioner to Singapore Jawed Ashraf further noted that building digital connectivity and partnerships with Singapore and ASEAN countries, is a priority for India and highlighted how technology has been used effectively to achieve public policy goals in the country during COVID-19 disruptions.

29 May 06:45 The Economic Times 7653256037878900147.html
Energy Transfer: Showing The Strength Of The Midstream Model

29 May 06:50 1 article

Energy Transfer: Showing The Strength Of The Midstream Model

Energy Transfer saw its results impacted by the coronavirus outbreak but they overall held up okay. The company has a reasonably strong customer base that shoul

29 May 06:50 Seeking Alpha 5725634557567394150.html
Taiwan analog IC firms to post revenue growth in 2020

29 May 07:01 1 article

Taiwan analog IC firms to post revenue growth in 2020

Taiwan-based analog IC suppliers, pinpointed as among the beneficiaries of US-China trade tensions, are expected to post impressive revenue results for 2020 despite coronavirus headwinds, according to industry sources.

29 May 07:01 DIGITIMES 8411283748667658889.html
EU Delivers Comprehensive Fiscal Rescue Package

29 May 07:03 1 article

EU Delivers Comprehensive Fiscal Rescue Package

In my view, the package, dubbed Next Generation EU, represents a significant step to bolster Europe's economy and show unity. The European Commission stated tha

29 May 07:03 Seeking Alpha 5725634558019167585.html
Osram lights 460m tower in Ho Chi Minh City

29 May 07:07 1 article

Osram lights 460m tower in Ho Chi Minh City

Osram with LK Technology lit the top of Southeast Asia’s tallest building: 461.5m Landmark 81 in Ho Chi Minh City Vietnam.

29 May 07:07 Electronics Weekly.com 6636672080135404117.html
Manufacturers' New Orders Posted Widespread Declines In April

29 May 07:08 1 article

Manufacturers' New Orders Posted Widespread Declines In April

New orders for durable goods plunged 17.2 percent in April following a 16.6 percent tumble in March. New orders for nondefense capital goods excluding aircraft,

29 May 07:08 Seeking Alpha 5725634556209760057.html
Buhari seeks Senate’s approval for $5.513b external loan

29 May 07:10 1 article

Buhari seeks Senate’s approval for $5.513b external loan

The Federal Government also intends to borrow Euro 995million from the Export-Import Bank of Brazil to support Green imperative and enhance the....

29 May 07:10 Latest Nigeria News, Nigerian Newspapers, Politics 2658445900548703221.html
China ahead of India in South Asian trade and investment

29 May 07:15 1 article

China ahead of India in South Asian trade and investment

The Island / ANN China has made inroads into South Asia by bolstering trade and investment with Nepal, Afghanistan, the Maldives, and Sri Lanka, and this mainly reflects the region’s strategic importance for China’s Belt and Road Initiative (BRI), particularly the smaller South Asian countries, says a new study.

29 May 07:15 Eleven Media Group Co., Ltd 2672168647847468811.html
MTN Nigeria opens offer of N100b commercial paper issuance

29 May 07:16 1 article

MTN Nigeria opens offer of N100b commercial paper issuance

MTN Nigeria Communications Plc has started its Commercial Paper (CP) Issuance, series 1 & 2 of N50 billion each,  under its N100 billion CP issuance...

29 May 07:16 Latest Nigeria News, Nigerian Newspapers, Politics 2658445900403432730.html
India may see a trade surplus after 10-12 years; to keep currency stable: Prashant Jain

29 May 07:17 1 article

India may see a trade surplus after 10-12 years; to keep currency stable: Prashant Jain

‘Sectors where the fixed costs component is higher will be hit sharply

29 May 07:17 The Economic Times 7653256037890883673.html
Govt moves to halt crude export in natural state - The Nation Nigeria

29 May 07:19 1 article

Govt moves to halt crude export in natural state - The Nation Nigeria

In its bid to sustain the economy following the COVID-19 pandemic, the Federal Government (FG) is putting plans in motion to implement ways to halt...

29 May 07:19 Latest Nigeria News, Nigerian Newspapers, Politics 2658445900126787955.html
Chassis specialist Ju Teng upbeats about 3Q20 orders

29 May 07:21 1 article

Chassis specialist Ju Teng upbeats about 3Q20 orders

Chassis maker Ju Teng International expects the prevailing robust demand from the notebook sector to last into the third quarter of 2020, having experienced strong order pull-ins from clients in the second quarter.

29 May 07:21 DIGITIMES 8411283748679831029.html
TABLE-French cereal crop ratings for week to May 25

29 May 07:23 1 article

TABLE-French cereal crop ratings for week to May 25

PARIS, May 29 (Reuters) - Below are latest weekly estimates from farm office FranceAgriMer on the condition of French soft wheat, winter barley, spring barley, grain maize and durum wheat, and grain maize sowing progress, covering week 21 ending May 25. SOFT WHEAT Very Poor Poor Fair Good Excellent Week 21 average in France 3 12 29 54 2 Week 20 2020 3 13 28 55 2 Week 21 2019 0 3 17 69 10 WINTER BARLEY

29 May 07:23 Successful Farming 8502642053576055595.html
We’ll probably lose 1-2 years of our economic life to Covid: Indranil Sengupta

29 May 07:26 1 article

We’ll probably lose 1-2 years of our economic life to Covid: Indranil Sengupta

‘Indias GDP may contracts 1.3 per cent in benign case, and go up to minus 5 per cent in worst case

29 May 07:26 The Economic Times 7653256038006586449.html
Foxsemicon to enjoy revenue growth in 2020

29 May 07:29 1 article

Foxsemicon to enjoy revenue growth in 2020

Semiconductor equipment maker Foxsemicon Integrated Technology, an affiliate of the Foxconn Group, is expected to post on-year revenue growth in 2020, according to industry sources.

29 May 07:29 DIGITIMES 8411283748997841361.html
Uganda Bankers Association elects a new Chairman

29 May 07:32 1 article

Uganda Bankers Association elects a new Chairman

Members of Uganda Bankers Association (UBA) have elected Mathias Katamba, as the new Chairman taking over from Patrick Mweheire who served for two years (2018 & 2019). Katamba is the Chief Executive Officer of dfcu Bank Uganda. Also elected on the executive committee of UBA is Sarah Arapta, Citibank CEO as Vice-Chair, Varghese Thambi, CEO Diamond Trust Bank as Treasurer,  Sam Ntulume, CEO NC Bank as Auditor, Albert Saltson, CEO Standard Chartered Bank, Committee Member and Veronica Namagembe, CEO Pride Microfinance (MDI), also a Committee Member. The new leadership assumes responsibility at a time when the industry has registered significant improvements in the areas of profitability, credit extension, channels and growth in assets over the past year 2019. Outgoing  Chairman Patrick Mweheire said that in 2019, two financial institutions namely Opportunity Bank and Afriland Bank were issued with commercial banking licenses bringing the total number of tier I banks to 26.

29 May 07:32 EABW Digital 2826305999637941338.html
The Time For The Soybean Bull Market Has Not Come Yet

29 May 07:32 1 article

The Time For The Soybean Bull Market Has Not Come Yet

The current soybean futures price is at the minimum of its five-year range. The first USDA forecast allows us to hope that the U.S. soybean ending stocks will d

29 May 07:32 Seeking Alpha 5725634557958429161.html
Kāpiti Gateway Building Passes First Hurdle

29 May 07:40 1 article

Kāpiti Gateway Building Passes First Hurdle

The Kāpiti Gateway Building project has inched a step closer after Council granted approval today to apply to the Provincial Growth Fund for 50% of the estimated project cost.

29 May 07:40 SCOOP 5315658998810637628.html
Florida's 2020 Disaster Preparedness Sales Tax Holiday begins today

29 May 07:41 1 article

Florida's 2020 Disaster Preparedness Sales Tax Holiday begins today

Florida's 2020 Disaster Preparedness Sales Tax Holiday will begin Friday, May 29 and lasts through Thursday, June 4.

29 May 07:41 Fox 4 8372747778021550818.html
Covid-19 Hits G20 International Merchandise Trade In First Quarter

29 May 07:46 1 article

Covid-19 Hits G20 International Merchandise Trade In First Quarter

Covid-19 containment measures introduced in many countries in March 2020 hit G20 merchandise trade hard in the first quarter of 2020. Compared with the fourth quarter of 2019, exports fell by 4.3% and imports by 3.9%, and now stand at their lowest levels since the second quarter of 2017. Early indications for April point to more precipitous falls in the second quarter, with Korean and Japanese exports, for example, falling 21.5% and 10.6%, respectively, compared with March 2020.

29 May 07:46 SCOOP 5315659000228675616.html
FCCL maker Taiflex guardedly optimistic about 2H20

29 May 07:49 1 article

FCCL maker Taiflex guardedly optimistic about 2H20

Flexible copper-clad laminate (FCCL) supplier Taiflex Scientific expects revenues for 2020 to grow slightly or at least stay flat compared to 2019 despite uncertainties in the second half of the year.

29 May 07:49 DIGITIMES 8411283748013106046.html
Siemens wins compression contract for Golden Pass LNG export project

29 May 07:52 1 article

Siemens wins compression contract for Golden Pass LNG export project

Boil-off gas compressor (Source: Siemens) Siemens Gas and Power GmbH & Co. KG (Erlangen, Germany) was awarded a contract from CCZ JV — a joint venture

29 May 07:52 Chemical Engineering 9204118373067319756.html
TAIRA, Mizuho Bank, StarFab to set up open innovation platform

29 May 07:58 1 article

TAIRA, Mizuho Bank, StarFab to set up open innovation platform

Taiwan AI Robotics Accelerator (TAIRA) in Southern Taiwan Science Park (STSP), Japan-based Mizuho Bank and thematic incubation service provider StarFab Accelerator on May 28 signed a MoU for cooperation to set up an open accelerating platform for startup teams and businesses to develop innovative products or services, according to StarFab.

29 May 07:58 DIGITIMES 8411283748276255677.html
Expect no direct financial stimulus – Kasaija

29 May 08:00 1 article

Expect no direct financial stimulus – Kasaija

Kampala, Uganda |  THE INDEPENDENT |  The Finance Minister Matia Kasaija has said that the government does not have a provision for any fiscal stimulus for businesses that have been affected by the impacts of the COVID-19 pandemic. Several economists and players within the private sector have been calling upon the government to consider giving economic …

29 May 08:00 The Independent Uganda: 5099025990473687838.html
New Exec Chair For NZ Dairy Industry Awards

29 May 08:01 1 article

New Exec Chair For NZ Dairy Industry Awards

The New Zealand Dairy Industry Awards Executive have chosen Taranaki dairy farmer and NZDIA Alumni Rachel Short as Chair at a recent board meeting, with Paparimu 50/50 sharemilker Amber Carpenter elected as Vice-Chair.

29 May 08:01 SCOOP 5315658998979499014.html
Thierry Delaporte as CEO to help Wipro with new ideas, global presence: Analysts

29 May 08:03 1 article

Thierry Delaporte as CEO to help Wipro with new ideas, global presence: Analysts

Prior to Wipro, Delaporte was the chief operating officer of Capgemini Group and a member of its group executive board.Analysts believe Delaporte will be expected to deliver on tasks predecessor Abidali Z. Neemuchwala left incomplete

29 May 08:03 Livemint 6614605818012450478.html
Bharat Bond ETF second tranche worth Rs 14,000 cr to hit market in mid-July

29 May 08:06 1 article

Bharat Bond ETF second tranche worth Rs 14,000 cr to hit market in mid-July

In December, 2019, Bharat Bond ETF mobilised Rs 12,400 crore

29 May 08:06 Business-Standard 1502508926409820967.html
IPC maker DFI to deepen deployments in AIoT, 5G

29 May 08:06 1 article

IPC maker DFI to deepen deployments in AIoT, 5G

IPC maker DFI, an affiliate of Qisda, saw its revenues for the first four months of the year shoot up 41.86% on year to NT$2.862 billion (US$95.40 million), the highest for the same period on record, and it will step up deployments in AIoT and 5G applications, according to company sources.

29 May 08:06 DIGITIMES 8411283749040531399.html
European stocks fall on rising U.S.-China tensions

29 May 08:10 1 article

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

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

29 May 08:10 MarketWatch 8975941549186919483.html
Ethiopia advises Dutch investors to diversify investments

29 May 08:11 1 article

Ethiopia advises Dutch investors to diversify investments

During the webnar held on Thursday Million Samuel Ambassador of Ethiopia to the Netherlands advised Dutch Companies not to be limited in floriculture / horticulture and explore new areas of cooperation in agriculture, manufacturing, energy, ICT and service sectors as well. The Netherlands, with over 150 investments in Ethiopia, is the largest investor from European countries and accounted for the 5.23 percent of Ethiopia’s export, making it the 6th largest export destination of Ethiopian goods.

29 May 08:11 New Business Ethiopia 4287479609235134984.html
East Tender expects increasing 5G optical filter shipments in 2H20

29 May 08:13 1 article

East Tender expects increasing 5G optical filter shipments in 2H20

Thin-film optical filter maker East Tender Optoelectronics has seen its shipments begin gaining momentum in the second quarter of 2020 and expects its revenues to grow quarter by quarter in the second half of the year.

29 May 08:13 DIGITIMES 8411283748264693665.html
Pharma shares in focus: Cipla, Aurobindo Pharma hit 52-week high

29 May 08:14 1 article

Pharma shares in focus: Cipla, Aurobindo Pharma hit 52-week high

Dr Reddy's, Divis Labs, Biocon, JB Chemicals, Caplin Point Lab, Aarti Drugs, Indoco Remedies, RPG Lifesciences and Glenmark Pharma were up in the range of 3% to 5%.

29 May 08:14 Business-Standard 1502508925918720848.html
Migrants To Get Cash In Hand, Government Has Not Ruled Out Poor: Sources

29 May 08:14 1 article

Migrants To Get Cash In Hand, Government Has Not Ruled Out Poor: Sources

Government has not ruled out cash transfer to the poor or migrant workers and said it will look at giving cash handouts as the situation evolves.

29 May 08:14 NDTV.com 5090057681787653772.html
Generating Alpha Using CEFs

29 May 08:15 1 article

Generating Alpha Using CEFs

With volatility subsiding across financial markets CEF investors may be turning to other ways to generate returns over and above their beta exposure. We discuss

29 May 08:15 Seeking Alpha 5725634556646172175.html
Foreign Stakes in Top India Firms at 5-Year Low on Risk-Off Mood

29 May 08:26 1 article

Foreign Stakes in Top India Firms at 5-Year Low on Risk-Off Mood

Holdings of global funds in the Nifty-500 Index fell 140 basis points during the three-month period to an average 21 per cent, analysts wrote in a note.

29 May 08:26 NDTV.com 5090057681303518826.html
Coronavirus company news summary – Sibanye-Stillwater reports outbreak – Axora launch smart mining platform – South Africa to lift restrictions on miners

29 May 08:28 1 article

Coronavirus company news summary – Sibanye-Stillwater reports outbreak – Axora launch smart mining platform – South Africa to lift restrictions on miners

29 May Sibanye-Stillwater has reported 51 positive Covid-19 cases at its Thembelani shaft located in Rustenburg. The company tested employees...Read More...

29 May 08:28 Mining Technology 639193377164203203.html
MPT South resumes work on CAVITEX, CALAX

29 May 08:29 1 article

MPT South resumes work on CAVITEX, CALAX

METRO Pacific Tollways South Management Corporation (MPT South) has resumed its office-based work and construction-related activities, for its big-ticket projects namely, Cavite Expressway (CAVITEX) and Cavite-Laguna Expressway (CALAX).

29 May 08:29 Journal Online 6375127393757833588.html
Mthuli Ncube in catch-22 situation

29 May 08:33 1 article

Mthuli Ncube in catch-22 situation

THE provision of subsidies to small-scale gold miners in defiance of advice from the International Monetary Fund (IMF) has left the government in a quandary ami...

29 May 08:33 Bulawayo24 News 5565663540108077598.html
Highlights of the day: Several IT enterprises to enjoy robust 2H20

29 May 08:38 1 article

Highlights of the day: Several IT enterprises to enjoy robust 2H20

Despite the impact from the coronavirus pandemic, several IT enterprises are still having good visibility for the second half of 2020 with Nanya expecting to continue picking up in the third quarter because of demand from remote work and online studying. Meanwhile, Mitac is enjoying an ongoing ramp-up of , which are likely to last into the second half. , despite US' new trade ban on Huawei, still expects its performance to continue rising for the latter half of the year.

29 May 08:38 DIGITIMES 8411283749792860855.html
Even a dubious Warren Buffett can’t stop this crypto-world casino czar

29 May 08:40 1 article

Even a dubious Warren Buffett can’t stop this crypto-world casino czar

Justin Sun has founded one of the largest blockchain platforms, Tron, in 2017 and turned it into a virtual Las Vegas with gambling apps. Hes rubbed shoulders with Apple Inc. and Alibaba Group Holding Ltd. founders, hired celebrity endorsers like the late Kobe Bryant and drawn accusations of plagiarism, which he has denied, more than once.

29 May 08:40 The Economic Times 7653256037285291869.html
VIXM: Here's Why It Is Likely Going To Keep Dropping

29 May 08:42 1 article

VIXM: Here's Why It Is Likely Going To Keep Dropping

VIXM has had a strong year due to the historic rally in the VIX. VIXM tracks the Mid-Term VIX Futures Index, which allows it to reduce roll yield at the cost of

29 May 08:42 Seeking Alpha 5725634557535708892.html
Stunning cottage at Bretby Hall is on the market

29 May 08:42 1 article

Stunning cottage at Bretby Hall is on the market

It is in the grounds of the former home of fifth Earl of Carnarvon of Tutankhamun

29 May 08:42 Derbyshire Live 9061707932324380878.html
Plans submitted for futuristic Perth West project which could boost economy by £65m a year and create 2,000+ jobs

29 May 08:46 1 article

Plans submitted for futuristic Perth West project which could boost economy by £65m a year and create 2,000+ jobs

Developers have submitted plans for the innovative Perth West eco-project, which is expected to bring in over £65 million a year to the Perthshire economy and generate over 2,000 jobs.

29 May 08:46 The Courier 4275302768037569817.html
Market Pulse on May 28th

29 May 08:48 1 article

Market Pulse on May 28th

S&P 500 3029,73 -6,40.

29 May 08:48 Allnews 678771719806694529.html
Federal Pacific: Power equipment endorsed by Carroll Technologies

29 May 08:53 1 article

Federal Pacific: Power equipment endorsed by Carroll Technologies

Federal Pacific manufacturers a wide range of products used for the generation, distribution, transmission and control of electricity.

29 May 08:53 Mining Technology 639193376254818903.html
Pag-IBIG Fund sets P10B construction fund to build more homes, boost economy

29 May 08:55 1 article

Pag-IBIG Fund sets P10B construction fund to build more homes, boost economy

Pag-IBIG Fund has increased to P10 billion its home construction fund in a bid to encourage production of housing units for its members and help boost the national economy. “We have alloc

29 May 08:55 Journal Online 6375127393437352152.html
Reopen Koyambedu market with safety regulations in place, traders’ associations say

29 May 08:57 1 article

Reopen Koyambedu market with safety regulations in place, traders’ associations say

Traders say they are forced to sell vegetables at low costs to avoid wastage, as the new Thirumazhisai market has very little storage space

29 May 08:57 The Hindu 6679535025819966577.html
Ethiopia secures $122 million from industry parks

29 May 08:58 1 article

Ethiopia secures $122 million from industry parks

The income has increased by 32 percent from same period the previous year, according to Lelise Neme, CEO of Industrial Parks Development Corporation the state agency in charge of building and managing industrial parks in Ethiopia. Built by the government focusing maily on jobs creation and boosting export earnings, industrial parks in Ethiopia are currently engaged in manufacturing of apparels, textiles and garment. One park (Bole Lemi -1) is dedicated for pharmaceuticals manufacturing.

29 May 08:58 New Business Ethiopia 4287479610704241253.html
Stocks To Buy In A Post-Pandemic World

29 May 08:58 1 article

Stocks To Buy In A Post-Pandemic World

The pandemic proved that not only is technology critical, but they can be a lifeline for a business. Insurance has performed very well, enough for most major in

29 May 08:58 Seeking Alpha 5725634558096832438.html
Consumer confidence and economic climate partially recover in May

29 May 09:00 1 article

Consumer confidence and economic climate partially recover in May

Consumer confidence and economic climate indicators “partially recovered” in May in Portugal, after having recorded “strong reductions in April” due to the covid-19 pandemic, the National Statistics Institute (INE) reported

29 May 09:00 The Portugal News Online 5173906807857735801.html
COMESA: 630 million people living without electricity

29 May 09:05 1 article

COMESA: 630 million people living without electricity

COMESA region currently has the lowest electricity generation with approximately 630 million people living without reliable access to electricity and 790 million people forced to rely on solid biomass to cook their food and heat their homes. Studies show that about 1.3 billion people worldwide still lack access to modern energy. However, the situation is worse in the developing economies, where more than 70% of their people lack access to modern energy and 89% or more still rely on traditional biomass as the primary source of energy. Sub-Saharan Africa’s energy systems face an enormous challenge. Significant improvements have in the recent year been made in the generation capacity with the coming on stream of major power generation projects in many countries of Eastern Africa-Southern Africa-Indian Ocean region. These have been supported by various programmes such as the Project on Enhancement of a Sustainable Energy Market in Eastern Africa-Southern Africa-Indian Ocean Region (ESREM), funded by the European…

29 May 09:05 EABW Digital 2826306000387013528.html
Here are 7 of the top chart patterns used by technical analysts to buy stocks

29 May 09:06 1 article

Here are 7 of the top chart patterns used by technical analysts to buy stocks

Technical analysts believe that stock prices often trade in patterns, as the motivating driver behind the movement of stocks is humans, and ...

29 May 09:06 Business Insider 3364799147448661328.html
Museums anxious about pulling in visitors after lockdown

29 May 09:08 1 article

Museums anxious about pulling in visitors after lockdown

Over half of museum and gallery directors questioned by Art Fund were worried about the viability of their organisations.

29 May 09:08 Express & Star 7324224460188748256.html
Labrador Gold announces private placement to raise $3.5m

29 May 09:10 1 article

Labrador Gold announces private placement to raise $3.5m

Canadian mining company Labrador Gold has announced that it intends to complete a non-brokered private placement to raise CAD3.5m ($2.54m).

29 May 09:10 Mining Technology 639193376634157569.html
The Auditor-General’s Strategic Intentions To 2025

29 May 09:13 1 article

The Auditor-General’s Strategic Intentions To 2025

We’ve published The Auditor-General’s strategic intentions to 2025.

29 May 09:13 SCOOP 5315658998913167879.html
National Marker Company (NMC): High-quality custom signs endorsed by Carroll

29 May 09:13 1 article

National Marker Company (NMC): High-quality custom signs endorsed by Carroll

National Marker Company (NMC) has been providing high-quality safety identification products and custom signs for more than 80 years.

29 May 09:13 Mining Technology 639193376105798344.html
How Coronavirus is Impacting Digital Payments in Emerging Markets

29 May 09:15 1 article

How Coronavirus is Impacting Digital Payments in Emerging Markets

Emerging markets have been the scene for creative innovations in payments for the last decade, says Wirex CEO Pavel Matveev.

29 May 09:15 Computer Business Review 8072376451544064043.html
Bullring and Grand Central back to full opening on June 15

29 May 09:19 1 article

Bullring and Grand Central back to full opening on June 15

Birmingham city centre's Bullring and Grand Central has announced that it will officially re-open on 15 June, in line with the latest guidance from the Government.

29 May 09:19 Express & Star 7324224459758422608.html
Bulk-buying solving COMESA Intra trade amidst COVID-19 woes

29 May 09:20 1 article

Bulk-buying solving COMESA Intra trade amidst COVID-19 woes

Since the first case of Covid-19 was reported in the Great Lakes region in mid-March 2020, small scale traders have been unable to cross borders as they have traditionally done either to buy or sell goods. The regional supply of primary agricultural commodities, most of which are traded under the Simplified Trade Regime (STR), especially foodstuffs from surplus to deficit areas has also been disrupted by the long delays at borders as truck drivers wait to be tested for Covid-19 before crossing. To support cross border trade, which is the lifeline of a huge community in the region, the Great Lakes Trade Facilitation Project (GLTFP) engaged stakeholders to come up with innovative means of trading across the borders of the three countries covered by the project. These innovations are meant to ease the movement of goods and avoid food shortages. The project region covers eastern DR Congo bordering western Rwanda and Uganda. Subsequently, a new concept of bulk-buying has been developed whereby goods are procured in…

29 May 09:20 EABW Digital 2826306001375364295.html
Indian banks' asset quality pressure may last for at least 2 years: Fitch

29 May 09:24 1 article

Indian banks' asset quality pressure may last for at least 2 years: Fitch

Fitch estimates that the impact on impaired loan ratios could be anywhere between 200 to 600 basis points depending on the severity of stress and banks' individual risk exposures.

29 May 09:24 Business-Standard 1502508926106260615.html
Pacific Premier Bancorp's Temporarily Elevated Expenses, External Factors To Pressurize Earnings

29 May 09:26 1 article

Pacific Premier Bancorp's Temporarily Elevated Expenses, External Factors To Pressurize Earnings

The acquisition of Opus Bank will lead to high expenses in the second and third quarters. External factors, including the decline in interest rates and the wors

29 May 09:26 Seeking Alpha 5725634556421611660.html
KPIT Technologies expects 15 pc dip in Jun quarter revenues

29 May 09:29 1 article

KPIT Technologies expects 15 pc dip in Jun quarter revenues

The business should stabilise in the second half of 2020-21 as the world comes out of the COVID-19 pandemic, its co-founder, Managing Director and Chief Executive Kishor Patil told .

29 May 09:29 The Economic Times 7653256037403392955.html
India-dedicated funds attract zero investments in April due to Covid-19

29 May 09:30 1 article

India-dedicated funds attract zero investments in April due to Covid-19

This is the first time since August 2016 that a month has reported nil fundraising in India-dedicated schemes

29 May 09:30 Business-Standard 1502508926401048530.html
Vodafone Idea: No proposal before Board on stake sale to Google, but evaluating various opportunities

29 May 09:32 1 article

Vodafone Idea: No proposal before Board on stake sale to Google, but evaluating various opportunities

The Financial Times had reported that Google was exploring to buy a 5% stake in Vodafone Idea.

29 May 09:32 The Economic Times 7653256037222191068.html
Minister to join in chamber event

29 May 09:35 1 article

Minister to join in chamber event

Minister for International Trade Greg Hands will be taking part in a Black Country Chamber of Commerce online Zoom event on Friday, June 5.

29 May 09:35 Express & Star 7324224460486938314.html
ANALYSIS: How 12 years of unethical practices stunted growth of Nigeria’s solid minerals sector

29 May 09:35 1 article

ANALYSIS: How 12 years of unethical practices stunted growth of Nigeria’s solid minerals sector

The Nigerian mining sector is bedevilled by a number of problems, chief among which are shady practices that have been identified by NEITI audit reports.

29 May 09:35 Premium Times Nigeria 5456729299564271836.html
Tea companies fear losing lucrative Chinese market over border conflict

29 May 09:37 1 article

Tea companies fear losing lucrative Chinese market over border conflict

Over the past five years, China emerged as the third largest importer of Indian tea as demand for the black variety has been soaring there

29 May 09:37 Business-Standard 1502508926663008228.html
Auto sector will feel the maximum pain this year: Prashant Jain

29 May 09:40 1 article

Auto sector will feel the maximum pain this year: Prashant Jain

‘The impact on wages is significant and auto is a discretionary product

29 May 09:40 The Economic Times 7653256038332309529.html
Invest India holds virtual panel discussion for global investors

29 May 09:42 1 article

Invest India holds virtual panel discussion for global investors

During the discussion, Ajay Prakash Sawhney, secretary in the Ministry of Electronics and Information Technology, highlighted the various initiatives undertaken by the government, including the production linked incentive scheme and scheme for promotion of manufacturing of electronic components and semiconductors.

29 May 09:42 The Economic Times 7653256038414679268.html
Debt market’s love for G-Secs & PSU papers is here to stay

29 May 09:45 1 article

Debt market’s love for G-Secs & PSU papers is here to stay

Risk of a high-quality portfolio is volatility, as underlying securities are traded frequently.

29 May 09:45 The Economic Times 7653256037773156305.html
Economic contraction expected to remain well into 2021 - Shiimi

29 May 09:45 1 article

Economic contraction expected to remain well into 2021 - Shiimi

The Namibian economy is projected to contract by 6.6% in real terms during the 2020/21 financial year. Finance minister Iipumbu Shiimi on Wednesday cautioned that this contraction may linger on well into 2021 at a moderate rate of 1.1%, with the new normal average growth rates of between 2.0 and 3.6% in 2022 and beyond.  

29 May 09:45 New Era Live 1421111668155447475.html
Nigeria: FG pushes conclusion of the electricity deal with Siemens

29 May 09:47 1 article

Nigeria: FG pushes conclusion of the electricity deal with Siemens

President Buhari has instructed commencement of the next phase of the Siemens contract to upgrade the dilapidated electricity supply industry in Nigeria.

29 May 09:47 ESI-Africa.com 2679729878126559313.html
Covid-19 impact: IndiGo, SpiceJet may clock combined Q4 loss of Rs 3,350 cr

29 May 09:48 1 article

Covid-19 impact: IndiGo, SpiceJet may clock combined Q4 loss of Rs 3,350 cr

According to Elara Capital, IndiGo and SpiceJet could report a cumulative net loss of Rs 3,350 crore in Q4FY20, as against a profit of Rs 570 crore in Q3FY20 and Rs 650 crore in Q4FY19.

29 May 09:48 Business-Standard 1502508926529607621.html