UK chip designer Arm to be acquired by US firm Nvidia

The deal has been valued at 40 billion dollars (£31.2 billion).

NVIDIA acquires chip maker Arm for $40 billion

San Francisco: In one of the biggest tech deals, graphics giant NVIDIA has confirmed it is acquiring SoftBank-owned UK chip maker Arm for $40 billion with

UK chip designer Arm to be acquired by US firm Nvidia

The deal has been valued at 40 billion dollars (£31.2 billion).

NVIDIA to Purchase Arm in Record-Busting Deal - The Mac Observer

NVIDIA has come to an agreement to buy UK chip-designer ARM from Softbank in a transaction worth a total of $40 billion. 

Nvidia to buy UK chipmaker Arm from Softbank in $40 billion deal

US graphics chip maker Nvidia said it plans to buy UK-based Arm Holdings in a deal worth up to $40 billion, in a move that would create a global industry powerhouse

UK chip designer Arm to be acquired by US firm Nvidia

The deal has been valued at 40 billion dollars (£31.2 billion).

UK chip designer Arm to be acquired by US firm Nvidia

The deal has been valued at 40 billion dollars (£31.2 billion).

SoftBank is selling British chipmaker ARM to Nvidia for US$40 billion

Nvidia is buying British chipmaker ARM from SoftBank for as much as US$40 billion — a total that would make it the largest semiconductor deal ever.

Nvidia buys Arm for USD 40 billion

Nvidia announced a definitive agreement to buy Arm from SoftBank for USD 40 billion, minus Arm's IoT Services Group. Nvidia founder and CEO Jensen Huang said the deal will unite Nvidia’s AI computing with Arm’s CPU expertise to create an AI superpower and advance computing from the cloud, smartphones, PCs, self-driving cars, robotics, 5G and IoT. It will also expand Nvidia’s developer reach from 2 million to over 15 million software programmers. 

Brit chip maker Arm gets snapped up by US graphics giant Nvidia

Nvidia has confirmed that it's acquiring UK chip maker Arm from Japanese owner SoftBank in a US$40 billion deal made up of a combination of shares and cash, though the move is yet to undergo regulatory scrutiny.

What Nvidia buying Arm means for your next smartphone

Nvidia has committed to purchase processor giant Arm for $40 billion. Here's what the sale means for the computing industry at large.

Government to examine sale of computer chip design firm Arm to US company Nvidia

The UK-based chip design firm is to be bought in a deal worth more than £30 billion.

Government to examine sale of computer chip design firm Arm to US company Nvidia

The UK-based chip design firm is to be bought in a deal worth more than £30 billion.

Government to examine sale of computer chip design firm Arm to US company Nvidia

The UK-based chip design firm is to be bought in a deal worth more than £30 billion.

Arm: semiconductor giant powering world's smartphones

Arm, the British semiconductor designer being sold by Japanese group Softbank to US chip company NVIDIA for up to $40 billion, is a technological power in smart phones worldwide.

Nvidia to buy Arm in $40bn deal

The combination brings together Nvidia’s artificial intelligence (AI) computing platform with Arm’s ecosystem to create the premier computing company for the age of AI.

NVIDIA’s Agrees $40 Billion Deal for UK’s Arm

"Little real synergy despite the extraordinarily high price tag"

Nvidia to buy U.K.'s Arm, sparking fears of chip dominance

U.S. graphics chip maker Nvidia said it plans to buy U.K.-based Arm Holdings in a deal worth up to US$40 billion, in a move that would create a global powerhouse in the industry.

Nvidia goes mobile with $40B Arm deal

Nvidia agreed a deal to acquire Arm from SoftBank Group for $40 billion, as the ...

It’s Official: NVIDIA To Acquire Arm For $40 Billion

Following a number of rumors and leaks, NVIDIA this evening announced that it is buying Arm Limited for $40 billion. The cash and stock deal will see NVIDIA buy the semiconductor and IP design firm from SoftBank and its associated SoftBank Vision Fund, with NVIDIA taking an eye towards expanding Arm’s IP licensing business while also using Arm’s technology to further pierce into the datacenter market. The deal is just being formally announced today and will likely not close for some time, as it is expected to be required to clear multiple regulatory hurdles in the UK, US, China, and other governments across the globe.

NVIDIA acquires chip maker Arm for $40 billion

San Francisco, Sep 14 (IANS) In one of the biggest tech deals, Graphics giant NVIDIA has confirmed it is acquiring SoftBank-owned UK chip maker Arm for $40 billion with an aim to create a premier computing company for the age of artificial intelligence (AI). The deal would consolidate NVIDIA’s position[Read More...]

Nvidia buys ARM from Softbank for record-breaking USD 40 billion

US graphics chips maker Nvidia has confirmed that it will be buying UK based chip designer ARM from Japan’s Softbank for USD 40 billion (~RM166 billion). The deal is set to create a new giant in the chip industry, propelling Nvidia to greater heights as it leverages on ARM’s technologies to gain a foothold in the realm of mobile computing.

Nvidia confirms it’s buying Arm for $40B to expand its AI efforts

Graphics hardware and AI giant Nvidia has confirmed its long-rumored acquisition of UK-based chip design firm Arm in a $40 billion transaction.

NVIDIA is buying Arm for $40 billion

NVIDIA is buying Arm for $40 billion

Nvidia to acquire Arm for US$40 billion

Nvidia and SoftBank Group (SBG) have announced a definitive agreement under which the former will acquire Arm from the latter and the SoftBank Vision Fund in a transaction valued at US$40 billion.

Nvidia to buy rival chipmaker Arm from Softbank for $40B

Computer graphics chip company Nvidia said it plans to buy Britain’s Arm Holdings for $40 billion, in a merger of two leading chipmakers.

NVIDIA to acquire Arm from SoftBank for $40 billion

The purchase will see NVIDIA leveraging Arm's CPUs and expanding the Cambridge-based headquarters with an AI supercomputer.

NVIDIA Acquires Arm for $40 Billion

NVIDIA has reached an agreement to acquire Arm for $40 billion.

Nvidia Buys Arm From SoftBank for $40 Billion

The move gives Nvidia a way into mobile chips, but the acquisition is likely to face regulatory scrutiny.

It's official: Nvidia purchases Arm in $40 billion deal

Deal to be made up of $12 billion in cash, and $21.5 billion in Nvidia stock.

NVIDIA is officially buying ARM for $40 billion

NVIDIA is officially buying the chip design company ARM for $40 billion.

Nvidia confirms acquisition of Arm Holdings from SoftBank for $40 billion

Nvidia confirmed today that it is acquiring chip designer Arm from SoftBank for $40 billion. Notably, Apple licenses technology from Arm Holdings for the A-series processors used in the iPhone and iPad, as well as the upcoming Apple Silicon chips for Mac. Reports first suggested that SoftBank was mulling a sale of Arm Holdings back […]

NVIDIA acquires chip maker Arm for USD 40 billion

SoftBank may receive up to $5 billion in cash or common stock under an earn-out construct. NVIDIA will also issue $1.5 billion in equity to Arm employees.

NVIDIA acquires UK chip maker Arm for $40 billion

In one of the biggest tech deals, graphics giant NVIDIA has confirmed it is acquiring SoftBank-owned UK chip maker Arm

NVIDIA Buys Arm From SoftBank In $40 Billion Deal

SoftBank is selling Arm Limited to NVIDIA for $40 billion, giving the American chipmaker control of the mobile processor giant. The deal will see Arm, which is responsible for the architecture used in most mobile phone chips including Qualcomm, maintain its open licencing and customer-neutral business model. According to Jensen Huang, founder and CEO of... Read More

Nvidia to buy UK chipmaker Arm from Softbank in $40B deal

U.S. graphics chip maker Nvidia said it plans to buy U.K.-based Arm Holdings in a deal worth up to $40 billion, in a move that would create a global industry powerhouse.

Nvidia acquires Arm from SoftBank for $40 billion

Nvidia confirmed that it is acquiring processor architecture firm Arm from Softbank for $40 billion. The deal confirms weeks of speculation.

Nvidia is acquiring Arm for $40 billion

SoftBank bought Arm in 2016 for $31 billion

Nvidia to buy Arm Holdings from SoftBank for $40 billion

SoftBank bought Arm for $31.4 billion in 2016, and the sale is seen as a move to raise much-needed cash as it has recently lost a significant amount of money in its high-profile investments in companies like WeWork and Uber.

Nvidia’s $40-billion ARM deal will upend the entire chip industry

If Nvidia is able to pull off its blockbuster acquisition of premier chip designer ARM, the deal may be the final piece it needs to dominate the industry for a generation.

SoftBank sells chipmaker Arm to US-based Nvidia for $40 billion

Nvidia will pay SoftBank $12 billion in cash and $21.5 billion in stock for the UK-based chip designer Arm, comprising a $2 billion payment on signing the deal

NVIDIA to acquire Arm Holdings for $40 billion from SoftBank

NVIDIA will be buying Arm Holdings from the SoftBank Group as per a recent announcement. The known graphics card maker will be acquiring the chip designer for a deal worth 40 billion US Dollars, which was announced by both companies on Sunday (13th September 2020). The deal will have NVIDIA paying 12 billion US Dollars …

US' Nvidia Seals $40Bln Deal With Japan's SoftBank to Buy UK Tech Company Arm Holdings

MOSCOW (Sputnik) - California-based multinational tech company Nvidia and Japan's SoftBank Group (SBG) have made a $40 billion deal under which the former is set to...

SoftBank to sell chip designer Arm to Nvidia in US$40 billion deal

Softbank Group on Monday said it has agreed to sell chip designer Arm to Nvidia for as much as US$40 billion.

Nvidia to buy Arm from SoftBank for $40 billion USD

Nvidia has agreed to buy Arm from SoftBank for $40 billion USD, which could give the company a way to get AI on everything.

Arm Founder: UK Could Be “Blocked from its Own Technology”

"Save Arm" Dr Hermann Hauser, a founder of the British chipmaker says a $40 billion sale to the US's NVIDIA could result in "American vassalage".

SoftBank Group selling Arm to NVIDIA for up to $40 billion

Japan's SoftBank Group said Monday it is selling British chip designer Arm to US firm NVIDIA for up to $40 billion, potentially creating a new giant in the industry but sparking an investigation by UK ...

UK tech giant Arm Holdings to be sold to US company Nvidia in $40bn deal

Chip designer’s co-founder says deal is an ‘absolute disaster’ that will lead to UK job losses

SoftBank sells chip designer Arm to Nvidia in $40 billion deal

The deal puts a vital supplier to Apple Inc and others across the semiconductor industry under the control of a single player.

Nvidia buys ARM for $40 billion, gets tech that powers all smartphones

Nvidia said it will license its flagship GPUs through ARM's network of silicon partners. It will build chips for devices like self-driving cars but also make its technology available for others.

Nvidia buys SoftBank’s Arm in record $40 billion chip deal

Nvidia Corp said it agreed to buy SoftBank Group Corp’s chip division Arm Ltd. for $40 billion, taking control of some of the most widely used electronics technology in the semiconductor industry’s largest-ever deal.

Nvidia buys SoftBank’s Arm in $40-billion chip deal

It’s the largest deal in the semiconductor industry, but hinges on China granting regulatory approval

SoftBank sells chip designer Arm to Nvidia Corp in $40 billion deal

The deal puts a vital supplier to Apple Inc and others across the industry under the control of a single player and will face potential pushback from regulators and Nvidia rivals

SoftBank Group selling British chip designer Arm to Nvidia for up to US$40b

TOKYO, Sept 14 — Japan's SoftBank Group said today it is selling British chip designer Arm to US chip company Nvidia for up to US$40 billion (RM166 billion), potentially creating a new giant in the industry. “We reached a final agreement with... Nvidia to sell all shares in Arm... at the value...

SoftBank sells chip designer Arm to Nvidia in $40 billion deal

TOKYO/SAN FRANCISCO: SoftBank Group Corp. said on Monday it has agreed to sell chip designer Arm to Nvidia Corp. for as much as $40 billion in a deal set to reshape the semiconductor landscape. The deal puts a vital supplier to Apple Inc. and others across the industry under the control of a single player and will face potential pushback from regulators and Nvidia rivals.

Nvidia close to acquiring chip maker ARM for $40 billion: Report

The Financial Times first reported in late July that Nvidia is reportedly in advance talks to acquire ARM in a cash-and-stock deal worth at least $32 billion.

Nvidia-Arm $40 Billion Deal Will Upend Entire Chip Industry

Tech leader Nvidia's planned takeover of a premier chip designer may be the final piece it needs to dominate the semiconductor industry for a generation.

NVIDIA to acquire SoftBank Group's Arm for up to $40 billion in largest deal of the year

If approved, the deal will be one of the largest acquisitions anywhere in the world this year, and will propel NVIDIA to the forefront of the semiconductor sector. The announcement also renewed speculation about SoftBank Group's future, with Bloomberg News reporting it is set to revive talks about going private via a management buyout plan.

Nvidia and SoftBank are each winners in $40 billion deal for Arm Holdings

The impending sale of Arm Holdings to Nvidia Corp. for $40 billion could have wide-ranging implications for the global semiconductor industry, further...

SoftBank Group selling Arm to Nvidia for up to $40 billion

If approved, it will be one of the biggest merger-acquisitions in the world this year and promises to propel Nvidia to the forefront of the semiconductor sector.

Nvidia announces its intention to buy chip design giant ARM from Softbank for $40 billion, and employees will get $1.5 billion in equity

In buying Arm, Nvidia will gain access to the chip design's technology, widely used in mobile devices and embraced in the data center market.

Nvidia to buy Arm for $40 billion from SoftBank

The final deal is a mix of cash and Nvidia stock options, and the Arm acquistion is expected to close in 18 months or so.

Nvidia buys Arm for $40 billion

Nvidia Corp. said it agreed to buy SoftBank Group Corp.’s chip division Arm Ltd. for $40 billion, taking control of some of the most widely used electronics technology in the semiconductor industry’s largest-ever deal.

Softbank sells Arm to Nvidia for $40 billion

The Nvidia-Arm deal also marks the exit of Softbank, which had bought the chip-making company for USD 32 billion in 2016.

Nvidia Confirms $40B Purchase Of Arm

Nvidia has confirmed that it intends to buy UK-based computer chip design giant Arm Holdings for a total of up to $40 billion from SoftBank.

Nvidia Buys SoftBank’s Arm in Record $40 Billion Chip Deal

Nvidia Corp. agreed to buy SoftBank Group Corp.’s chip division Arm Ltd. for $40 billion, taking control of some of the most widely used electronics technology in the semiconductor industry’s largest-ever deal.Nvidia will pay $21.5 billion in stock and $12 billion in cash for the U.K.-based chip designer, including a $2 billion payment at signing. SoftBank may receive an additional $5 billion in cash or stock if Arm’s performance meets certain targets, the companies said Sunday in a statement. A

Nvidia announces its intention to buy chip design giant ARM from Softbank for $40 billion, and employees will get $1.5 billion in equity

Jensen Huang, CEO of Nvidia, shows the Drive Pegasus robotaxi AI computer at his keynote address at CES in Las Vegas, Nevada, U.S. January 7, 2018. Rick

Up to 239 jobs at risk at London City Airport

The airport was closed for nearly three months from March 25 due to the coronavirus pandemic.

London City Airport cutting up to 239 jobs

London City was the UK’s 12th busiest airport last year, handling 5.1 million passengers

Up to 239 jobs at risk at London City Airport

The airport was closed for nearly three months from March 25 due to the coronavirus pandemic.

London City airport to make more than a third of staff redundant

Airport says loss of up to 239 jobs will help it to bounce back when post-Covid growth returns

London City Airport to cut more than one third of jobs

London City Airport has announced it is cutting up to 239 jobs as part of "crucial restructuring plans".

Up to 239 jobs at risk at London City Airport

The airport was closed for nearly three months from March 25 due to the coronavirus pandemic.

Up to 239 jobs at risk at London City Airport

The airport was closed for nearly three months from March 25 due to the coronavirus pandemic.

London City Airport axing up to 239 jobs in 'crucial' restructuring after coronavirus

The airport suspended commercial flights at the height of the pandemic on March 25, and passenger numbers have remained well below 2019 levels since flights resumed on June 21

London City Airport is axing 239 jobs - 35% of its total staff - as part of 'crucial restructuring plans' amid Covid pandemic

London City Airport has announced it is cutting up to 239 jobs as part of

London City Airport cutting up to 239 jobs in 'crucial restructuring plans'

London City Airport has announced it is cutting up to 239 jobs as part of "crucial restructuring plans".

Coronavirus: London City Airport to cut up to 239 jobs

London City Airport is to cut up to 239 jobs - or 35% of roles - as part of "crucial restructuring" prompted by the coronavirus pandemic.

Sensex, Nifty Likely To Have A Firm Start

The domestic stock markets are likely to open in the green, following positive Asian cues, as hopes of a coronavirus vaccine have been rekindled across the world.

Asian shares buoyed by coronavirus vaccine hopes

In a sign the positive mood will spread elsewhere, the pan-region Euro Stoxx 50 futures and German DAX futures rose 0.5% in early trade while London's FTSE futures added 0.24%.

Global Markets: Asian shares buoyed by coronavirus vaccine hopes

MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.7%, poised for its second straight session of gains

Asian shares on firm footing as vaccine trials resume

Asian shares started higher on Monday as hopes of a coronavirus vaccine were rekindled after AstraZeneca resumed its phase-3 trial while sentiment ...

European stocks climb on vaccine hopes and M&A action

European stocks and U.S. equity futures are climbing as investors get optimistic over vaccine possibilities to fight the COVID-19 pandemic.

ASX advances 0.7 per cent as miners charge ahead

Australian shares advanced at the start of the week, helped by a push into the mining sector, as technology stocks further declined.

Gold prices flat as vaccine hopes lift equities; focus shifts to Fed meet

Gold prices were flat as investors maintained a cautious approach ahead of Fed's policy decision this week and as optimism around a potential Covid-19 vaccine lifted appetite for riskier assets

Gold price rises to Rs 51,380; silver rates at Rs 68,000

Gold, Silver prices today: Traders said investors rushed to the safe-haven asset amid weakness in equity markets due to the rising cases of coronavirus, on a global scale

Asian shares on firm footing as vaccine trials resume

SYDNEY, Sept 14 — Asian shares started higher today as hopes of a coronavirus vaccine were rekindled after AstraZeneca resumed its phase-3 trial while sentiment was still cautious ahead of a big week of central bank meetings in UK, Japan and the United States. MSCI's broadest index of...

Gold prices in India jump today, still 10% down from record high; global rates flat ahead of US Fed meet  

Gold prices hit a record high of Rs 56,191 per 10 gram in August this year, since then the yellow metal prices have corrected over 9 per cent.

Opening Bell: U.S. Futures, Global Stocks Rebound; Oil Pressured, Gold Flat

Market Overview Analysis by Investing.com (Pinchas Cohen/Investing.com) covering: EUR/USD, GBP/USD, USD/JPY, XAU/USD. Read Investing.com (Pinchas Cohen/Investing.com)'s latest article on Investing.com

Gold likely to remain choppy amid uncertainty in equity markets: Kotak Securities

The general bias in gold may be on the upside the dollar could remain under pressure ahead of the Fed meeting later this week.

Gold flat as vaccine hopes lift equities; focus shifts to Fed meet

Spot gold was mostly unchanged at $1,941.11 per ounce by 0042 GMT.U.S. gold futures were also steady at $1,948.30.

What changed for the market while you were sleeping? Top 10 things to know

Trends on SGX Nifty indicate a positive opening for the index in India with a 35 point gain.

Top Stocks To Buy Today As Dow Rises On Vaccine News

For investors looking to make sense of this exciting time in the markets, the deep learning algorithms at Q.ai have crunched the data to give you a set of Top Buys.

Top ETFs To Buy Amid Current Stock Market Correction

Amidst the pullback in stock markets, our deep learning algorithms have identified a few ETFs based on the weekly flows this week. This includes one Attractive ETF, one Unattractive ETF, and 5 Top Short. These funds have seen a reversal in trend since September.

Asia stocks rise as Japan's SoftBank soars around 9% following Arm deal announcement

Shares of Japanese conglomerate SoftBank Group soared on Monday following an announcement that the firm is set to sell U.K. chip designer Arm to U.S. chip firm Nvidia.

Gold prices slip marginally to Rs 51,394 per 10 gram, silver down Rs 201 per kg

The uncertainty over BREXIT withdrawal, US-China tensions and rising coronavirus cases has kept risk premium high in the gold prices.

Macro Afternoon

Markets have started the week here in a generally positive fashion across Asia, despite a mixed and flat lead on Wall Street on Friday night, with Japanese stocks leading the way, while the local ASX200 is trying to breakout again.  Currency markets are very flat while gold can’t seem to gain any traction in Asian trade, coming up against staunch resistance at the $1950USD per ounce level:

Amazon hiring 100,000 workers amid COVID-19 online sales boom

Amazon plans to hire another 100,000 workers in the US and Canada amid a coronavirus-fueled boom in its online sales, the company announced Monday. The e-commerce titan’s fourth big hiring spree

Amazon to hire 100,000 to keep up with online shopping surge

NEW YORK — Amazon will hire another 100,000 people to keep up with a surge of online orders. The company said Monday that the new hires will help pack, ship or sort orders, working in part-time and full-time roles.

Amazon hiring 100,000 workers in U.S. and Canada to meet surge in lockdown shopping

The world’s biggest online retailer announces fourth hiring spree in the U.S. this year, as it gears up for the festive period.

Amazon to hire 100,000 to keep up with online shopping surge

Amazon will hire another 100,000 people to keep up with a surge of online orders. The company said Monday that the new hires will help pack, ship or sort orders, working in part-time and full-time roles.

Amazon to hire 100,000 to keep up with online shopping surge

Amazon will hire another 100,000 people to keep up with a surge of online orders.

Amazon to hire 100,000 more workers in its latest job spree this year

Amazon.com Inc on Monday said it is recruiting 100,000 more workers - the fourth hiring spree it has announced for the United States this year - ...

Amazon says it will add 100,000 jobs in U.S., Canada

Sept. 14 (UPI) -- Amazon said Monday it plans to hire 100,000 new workers in the United States and Canada.

Amazon To Hire 1 Lakh Workers For Festive Season

Washington: While job losses are on the rise throughout the world, Amazon has pumped in a breath of fresh air by deciding to hire 1,00,000 workers in the US and Canada. This is the e-commerce company’s 4th hiring spree in 2020 fuelled by a surge in online shopping due to lockdowns and social distancing requirements. […]

Amazon to hire 1,00,000 more employees after massive growth due to Covid-19

Tech giant Amazon has announced its decision to recruit 1,00,000 more workers in the United States after its massive growth due to Covid-19.

Amazon to hire 100,000 to keep up with online shopping surge

NEW YORK: Amazon said Monday that it will be hiring another 100,000 people to keep up with a surge of online orders.

Amazon To Hire 1,00,000 Workers In US This Year

Amazon.com Inc on Monday said it is recruiting 100,000 more workers - the fourth hiring spree it has announced for the United States this year - to keep pace with e-commerce demand that jumped during the pandemic.

Amazon is recruiting 100,000 new staff in its fourth major US hiring spree of the pandemic

Amazon is opening 100 new sites in September and adding 100,000 permanent staff across the US and Canada, it said Monday.

Amazon is hiring 100,000 people for minimum-wage jobs

(CNN) — Amazon is once again drastically expanding its workforce, announcing Monday that it’s hiring 100,000 new employees to support a surge in online shopping amid the ongoing pandemic....

Amazon adding 100,000 more employees in new hiring spree

Amazon said on Monday that it will hire another 100,000 workers, its fourth such run of hiring this year.

Amazon to hire 100,000 more workers in its latest job spree this year

Amazon.com on Monday said it is recruiting 100,000 more workers — the fourth hiring spree it has announced for the United States this year — to keep pace with e-commerce demand that jumped during the pandemic.

Amazon to hire 100,000

Amazon will hire another 100,000 people to keep up with a surge of online orders.

Amazon hiring 100,000 new full-time, part-time employees over 33,000 jobs announced last week

Global e-commerce giant Amazon said it will hire 100,000 additional workers in the US and Canada markets over 33,000 jobs announced last week

Amazon to hire 100,000 to keep up with online shopping surge

Amazon is expected to increase jobs as it will be hiring another 100,000 people to keep up with a surge of online orders.

Amazon to hire 100,000 to keep up with online shopping orders surge

Amazon on Monday said it will be hiring another 100,000 people to keep up with a surge of online orders

Amazon to hire 100,000 to keep up with online shopping surge

Amazon said Monday that it will be hiring another 100,000 people to keep up with a surge of online orders.

Amazon Hiring 100,000 New Employees in U.S. and Canada

Amazon.com Inc. is hiring 100,000 full and part-time employees across the U.S. and Canada, offering starting wages of at least $15 an hour, the latest announcement in the Seattle-based e-commerce giant’s hiring spree.

Amazon to Offer '100,000 New Jobs' in US and Canada, Plans to Open 100 New Facilities in Both Countries

The announcement comes amdi a critically high rate of unemployment in the United States. In April this year, the rate had peaked to 14.7 percent due to the COVID-19-induced lockdown. The number was worst since the Great Depression of 1929-30. As more sectors of the American economy is opening up, employment is regaining momentum. 🌎 Amazon to Offer '100,000 New Jobs' in US and Canada, Plans to Open 100 New Facilities in Both Countries.

Amazon to hire 100,000 to keep up with online shopping surge

The company said the new hires will help pack, ship or sort orders, working in part-time and full-time roles. Amazon said the jobs are not related to its typical holiday hiring.

Amazon to hire 100,000 more workers in its latest job spree this year

NEW YORK, Sept 14 — Amazon.com Inc today said it is recruiting 100,000 more workers — the fourth hiring spree it has announced for the United States this year — to keep pace with e-commerce demand that jumped during the pandemic. The world's biggest online retailer said the positions are for...

Amazon plans to hire 100,000 more workers in Canada and the U.S.

Amazon plans to recruit 100,000 more workers in Canada and the United States to keep up with increased demand during the pandemic.

Amazon Is Hiring A Further 100,000 People To Keep Up With Pandemic-Induced Demand

The e-commerce giant has already hired tens of thousands of people this year.

Amazon to hire 100,000 to keep up with online shopping surge

Amazon said Monday that it will be hiring another 100,000 people to keep up with a surge of online orders.

Amazon to hire 100,000 more workers in its latest job spree this year

The world's biggest online retailer said the positions are for full and part-time work in its home country and Canada, and these will include roles at 100 new warehouse and operations sites it is opening this month.

Has global oil demand hit peak? BP says it’s possible

LONDON, Sept 14 — Global oil demand might have already peaked and will likely not stop falling for the next 30 years, hit by virus fallout and moves towards greener energy, Britain’s BP predicted today. At the same time, the oil cartel Opec has revised its forecast for global demand lower...

Has global oil demand hit peak? BP says it's possible

Global oil demand might have already peaked and will likely not stop falling for the next 30 years, hit by virus fallout and moves towards greener energy, Britain's BP predicted Monday.

Pandemic ushers early decline for fossil fuel era, BP says

Energy company warns of peak in demand for oil in next few years

Peak oil is closer than you think: BP

UK energy giant BP has become the first major to warn that the global demand for crude oil will peak within the next few years.

BP says the era of oil-demand growth is over

BP Plc said the relentless growth of oil demand is over, becoming the first supermajor to call the end of an era many thought would last another decade or more.

Fossil fuel demand to take historic knock amid COVID-19 scars -BP

Fossil fuel consumption is set to shrink for the first time in modern history as climate policies boost renewable energy while the coronavirus epidemic leaves a lasting effect on global energy demand, BP said in a forecast.

BP says the era of oil-demand growth is over

The British oil major’s recent report has said that the demand for oil will not go back to the pre-Covid levels

BP says era of oil-demand growth over, may not return to pre-Covid levels

The UK giant is describing a different future, where oil's supremacy is challenged, and ultimately fades

BP says the era of oil-demand growth is over

BP Plc said the relentless growth of oil demand is over, becoming the first supermajor to call the end of an era many thought would last another decade or more.

Fossil fuel demand to take historic knock amid Covid-19 scars, says BP

LONDON, Sept 14 — Fossil fuel consumption is set to shrink for the first time in modern history as climate policies boost renewable energy while the coronavirus epidemic leaves a lasting effect on global energy demand, BP said in a forecast. BP's 2020 benchmark Energy Outlook underpins Chief...

BP Says the Era of Oil-Demand Growth Is Over

BP Plc said the relentless growth of oil demand is over, becoming the first supermajor to call the end of an era many thought would last another decade or more.

BP warns of oil demand peak by early 2020s

Coronavirus pandemic ushers in an earlier than anticipated decline for the fossil fuel era

OPEC forecasts steeper oil demand drop as coronavirus persists

World oil demand will tumble by 9.46 million barrels per day this year, the Organization of the Petroleum Exporting Countries said in a monthly report

OPEC cuts 2020 oil demand forecast, trims 2021 outlook on pandemic fallout

OPEC has cut its forecast for oil demand growth this year, citing a weaker-than-expected recovery in India and other Asian countries.

Opec downgrades 2020 forecast amid faltering demand

Opec has cut its forecast for the global oil market for the year, amid faltering demand and a weaker-than-expected recovery in Asia.

OPEC: 2020 world oil demand to decline by 9.46 million bpd

World oil demand in 2020 is expected to fall by 9.46 million barrels per day (bpd), the Organization of the Petroleum Exporting Countries (OPEC) said

OPEC expects slower recovery for global oil demand

Sept. 14 (UPI) -- The decline in global oil demand due to the COVID-19 pandemic will be deeper and last longer than previously thought, OPEC said in a new outlook Monday.

OPEC sees weaker outlook as demand falters, shale recovers

OPEC downgraded its outlook for the global oil market a few days before ministers meet, amid faltering demand and signs of a recovery in supply from U.S. shale drillers.

World News | OPEC Cuts Oil Demand Forecasts, BP Sees 'peak Oil' in 2020s

Get latest articles and stories on World at LatestLY. Developing countries' difficulty in containing the spread of the coronavirus pandemic will keep a lid on global oil demand, particularly in India, the OPEC cartel said Monday as it cut its forecasts. World News | OPEC Cuts Oil Demand Forecasts, BP Sees 'peak Oil' in 2020s.

Verizon targets prepaid boost with $6B Tracfone buy

Verizon inked a deal to acquire prepaid MVNO Tracfone from America Movil for $6.25 billion, ...

Verizon to buy prepaid wireless provider Tracfone for $6.25 billion

Verizon Communications said Monday it will buy prepaid mobile phones provider Tracfone, a unit of Mexican telecoms giant America Movil, in a $6.25 billion cash and stock deal. Tracfone, which serves

Verizon to buy wireless services provider Tracfone in $6.25 billion deal

Verizon Communications said on Monday it would buy wireless services provider Tracfone, a unit of Mexican telecom America Movil, in a $6.25 billion cash and stock deal.

Verizon to buy TracFone, expanding big carriers’ control of prepaid industry

Verizon would surpass AT&T and T-Mobile in prepaid if TracFone deal is approved.

Verizon is going to buy Tracfone — yes, Tracfone still exists

Verizon announced today that it is purchasing Tracfone from America Movil — the Mexico-headquartered company that apparently owns Tracfone, which

Verizon will acquire Tracfone, the largest MVNO in the US, for over $6 billion

In a deal worth over $6 billion, Verizon is set to acquire Tracfone, the largest MVNO in the United States along with all of its brands.

Verizon buys America Movil MVNO Tracfone for USD 6.25 billion

Verizon has agreed to buy Tracfone, a MVNO in the US owned by Mexico’s America Movil, for USD 6.25 billion. 

Verizon acquires Tracfone in a deal worth more than $6 billion

More than 13 million Tracfone customers already rely on Verizon’s wireless network

It's official: Nvidia is acquiring Arm

Nvidia has announced that it has reached an agreement with SoftBank to acquire Arm Limited, in a transaction worth $40 billion financed using common stock and cash. While Nvidia will take possession of Arm and its lucrative IP portfolio, the…

NVIDIA officially acquires Arm for $40 billion in bid for AI dominance

It's official as NVIDIA is acquiring Arm Limited for $40 billion. The deal is expected to help accelerate NVIDIA's desire to be a leader in AI and earn more revenue from licensing IP to other industries chip makers like Qualcomm and Texas Instruments.

NVIDIA officially acquires Arm for $40 billion in bid for AI dominance

It's official as NVIDIA is acquiring Arm Limited for $40 billion. The deal is expected to help accelerate NVIDIA's desire to be a leader in AI and earn more revenue from licensing IP to other industries chip makers like Qualcomm and Texas Instruments.

NVIDIA officially acquires Arm for $40 billion in bid for AI dominance

It's official as NVIDIA is acquiring Arm Limited for $40 billion. The deal is expected to help accelerate NVIDIA's desire to be a leader in AI and earn more revenue from licensing IP to other industries chip makers like Qualcomm and Texas Instruments.

NVIDIA (NASDAQ: NVDA) Officially Announces Definitive Agreement With SoftBank To Acquire ARM for $40 Billion

NVIDIA has officially announced a definitive agreement with SoftBank to acquire the British chip designer ARM for $40 billion

Verizon to buy pre-paid mobile service Tracfone in $6.25 billion deal

Tracfone, which serves about 21 million subscribers through more than 90,000 retail locations across United States, said more than 13 million of its subscribers rely on Verizon's network under an existing agreement.

Nvidia to acquire processor and software design company Arm for $40 billion

Graphics card maker Nvidia has agreed to purchase semiconductor and software design company Arm for $40 billion. The deal will see Nvidia acquire Arm from current owner Softbank for a total of $21.5 billion in common stock and 12 billion in cash, which includes $2 billion payable at signing. Softbank may also receive up to $5 billion in cash or common stock under an earn-out construct if Arm meets certain financial performance targets. Arm is best known for creating processor IP, AI solutions, and security technology. The company has also created development tools for accelerating the engineering of system-on-chip (SoC) architecture and software application development.

Google ‘eliminates carbon legacy' as it announces new clean energy plans

The technology giant has also pledged to run its entire business on carbon-free energy by 2030.

Google ‘eliminates carbon legacy’ as it announces new clean energy plans

The technology giant has also pledged to run its entire business on carbon-free energy by 2030.

Google ‘eliminates carbon legacy’ as it announces new clean energy plans

The technology giant has also pledged to run its entire business on carbon-free energy by 2030.

Google reduces entire carbon footprint to zero

Google has said it has now reduced its entire carbon footprint to zero, after using "high-quality carbon offsets" to wipe out its legacy.

Google's lifetime net carbon footprint now zero, says Sundar Pichai

Sundar Pichai said that Google has eliminated its entire carbon legacy -- covering all its operational emissions before it became carbon neutral in 2007 -- through the purchase of carbon offsets

Google has eliminated its carbon footprint, plans to be completely carbon-free by 2030

When it went carbon neutral in 2007, Google cemented its place at the top of the tree when it comes to major global companies and sustainability. It has

Google’s lifetime net carbon footprint now zero: Sundar Pichai

New Delhi, Sep 14 (IANS) Alphabet and Google CEO Sundar Pichai on Monday declared that the company has eliminated its entire carbon legacy — covering all its operational emissions before it became carbon neutral in 2007 — through the purchase of high-quality carbon offsets. It means that Google’s lifetime net[Read More...]

Google has offset all the carbon it has ever produced, says CEO Sundar Pichai

Google said it is the first major firm to offset its historical carbon emissions. It will run on carbon-free energy by 2030, CEO Sundar Pichai said.

Google has offset all the carbon it has ever produced, says CEO Sundar Pichai

Google's CEO Sundar Pichai. Justin Sullivan /Getty Images Google says it has offset all of its historical carbon emissions. Sundar Pichai,

Google Aims to go Carbon-Free by 2030 - The Mac Observer

Google has set itself an unprecedented target- to operate 24/7 on carbon-free energy by 2030, CEO Sundar Pichai has revealed.

Google says it offset all of the emissions it has ever generated

Google eliminates its 'entire carbon legacy' and plans to use only clean energy by 2030.

Google announced one of the biggest green pledges from tech yet

The tech giant will do more than offset its emissions

Google says it will shift entirely to clean energy by 2030

Google says it has effectively removed its entire carbon footprint dating back to the founding of the company, and plans to shift to renewable energy.

Parent of New York Sports Clubs and Boston Sports Clubs has filed for bankruptcy as the pandemic ravages gyms

Town Sports International, parent of New York Sports Clubs and others, filed for bankruptcy as many continue to exercise at home.

New York Sports Club owner files for bankruptcy, with gyms hit by pandemic

New York Sports Club owner Town Sports International filed for Chapter 11 bankruptcy Monday, with many gyms nationwide still shut because of the Covid pandemic. 

New York Sports Clubs owner files for Chapter 11 bankruptcy protection

The owner of New York Sports Clubs says it's filing for Chapter 11 bankruptcy protection.

New York Sports Clubs files for Chapter 11 bankruptcy after forced gym closures

Town Sports International, the owner of New York Sports Clubs, filed for Chapter 11 bankruptcy on Monday after the coronavirus pandemic forced its gyms to close and caused revenue to dry up. The

Parent Company Of Philadelphia Sports Club Files For Chapter 11 Bankruptcy

PHILADELPHIA (CBS) – The parent company of Philadelphia Sports Club has filed for Chapter 11 bankruptcy. Town Sports International, LLC, which has 61 affiliate companies including several Philadelphia Sports Club locations in the region, made the announcement Monday morning.

Parent company of New York Sports Club and other gym chains files for bankruptcy

The parent company of New York Sports Club and several other fitness club chains has filed for bankruptcy protection as the COVID-19 pandemic continues to wreak havoc with its operations.

Domestic Stocks Markets ended lower; Nifty IT outperformed the market, HCL Tech gained 10.60 pct

The domestic stock markets closed in a red on Monday, September 14, 2020, after the financials sector slipped in today’s trade.

Markets End The Day Lower, IT Index Hits Record High

The Sensex and the Nifty ended the day lower despite trading sharply higher for most part of the day.

HCL Technologies, Infosys, other IT stocks push Sensex, Nifty up; top factors moving markets today

Equity markets saw midcap and smallcap indices outperform the benchmarks. Volatility, after gaining in the initial minutes, slipped marginally.

Sensex Slumps Over 650 Points From Day's High As Banking Shares Drag

Mid- and small-cap shares rallied after market regulator Securities and Exchange Board of India (Sebi) tweaked norms for asset allocation for multi-cap mutual funds.

Sensex, Nifty erase all gains to end day’s trade with losses; Nifty small cap 50 index gains over 6%

Sensex and Nifty started the week’s initial trading session with gains but failed to carry that momentum for the entire day, ending the session with losses.

Market Highlights: Sensex ends 470 pts down from day’s high, Nifty below 11,450; HCL tech gains 10%, Airtel falls

Share Market News Today | Sensex, Nifty, Share Prices Highlights: Sensex and Nifty gave up all gains slipping into the red during the day. Banks stocks along with RIL pulled the equity markets lower.

Top midcap, smallcap gainers: These stocks rally up to 20% today, beat Sensex, Nifty

S&P BSE SmallCap jumped as much as 4.29 per cent to 15,184.11, which is a fresh 52-week high level. In March this year, the SmallCap index plunged to an all-time low of 8622.25.

Sensex ends 98 points lower; IT stocks shine

After gyrating 657 points during the day, the 30-share BSE index settled 97.92 points or 0.25 per cent lower at 38,756.63.

Sensex ends 97 points lower, Nifty at 11,421; Airtel, SBI, PowerGrid top losers

Midcap and smallcap stock were bullish today after SEBI's announcement of new rules that multi-cap mutual funds will be required to increase their exposure to mid and small caps stocks to 25% of their AUM by January 2021

Equities reverse gains on heavy selling in banking, finance stocks

Mumbai, Sep 14 (IANS) The Indian stock market, which traded in the green for most part of the day on Monday, eventually gave up all its gains to end in the red. The course reversal was driven by a selloff in banking and finance stocks. The BSE Banking index closed[Read More...]

Bursa Malaysia ends higher in line with regional peers

KUALA LUMPUR, Sept 14 — Bursa Malaysia rose on Monday in sync with Asian and US stock markets performance, partially supported by risk-on mood following renewed hopes for a COVID-19 vaccine and continuous demand for glove-related counters. The benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) ended...

US stocks and the Dow try to snap two-week losing streak

The Dow and the US stock market are rallying Monday, attempting a rebound from recent turbulent trading as well as the first two-week losing streak in more than four months.

Nifty call: Go long if contract breaches 11,575

Nifty 50 September Futures (11,545)Following the positive cues from Asian market, the Indian benchmark indices have been rallying after opening with a considerable gap-up. The Nifty 50 and Sensex indi

North American stock markets up to start the week, loonie edges higher

TORONTO — The industrials sector helped lift Canada's main stock index to a triple-digit advance in late-morning trading, while U.S. stock markets also pushed higher. The S&P/TSX composite index was up 129.60 points at 16,352.06.

Sensex gains 300 points, RIL at record high

Mumbai, Sep 14 (IANS) The key Indian equity indices traded in the green on Monday morning with the BSE Sensex gaining over 300 points. Around 10.40 a.m., it was trading at 39,171.62, higher by 317.07 points or 0.82 per cent from the previous close of 38,854.55. It opened at 39,073.51[Read More...]

BSE Smallcap index records sharpest intra-day rally in over 5 months

The development, analysts say, has given a fresh trigger to the mid-and small-caps that can see some uptick in the days ahead

Market rallies: RIL, HDFC Bank, HDFC, HCL Tech, TCS, SBI among gainers

Sensex rallies over 300 points in early trade; Nifty tops 11,550

Domestic equities opened on a positive note tracking positive cues from global markets and persistent foreign fund inflow, traders said.

Sensex rises over 350 points, Nifty regains 11,550 level; smallcap stocks outperform after Sebi order

Smallcap stocks were the outperformers today with BSE Smallcap index rising over 2%. The BSE Midcap index advanced 1.18%.

Smallcap stocks rally, SEBI ruling pushing broader markets up; time to buy midcap, smallcap stocks?

According to the analysts, multicap funds are among the biggest funds in terms of the number of schemes and AUM within equity diversified funds.

Share Market News Live: Sensex rises 200 points, Nifty above 11,530; Infosys, HCL Tech, Wipro top performers

India Stock Market News Updates Today:

Markets Open Higher, Sensex Trades Above 39,000 Points

Benchmark indices were trading higher, as global cues were strong, particularly with the Asian markets trading higher and Dow Futures seeing gains of more than 1 per cent.

North American stock markets up to start the week, loonie edges higher

The industrials sector helped lift Canada's main stock index to a triple-digit advance in late-morning trading, while U.S. stock markets also pushed higher.

North American stock markets move higher to start the trading week

Canada's main stock index posted a triple-digit advance in early trading, while U.S. stock markets also surged higher to start the week.

Sensex Jumps Over 300 Points, Nifty Crosses 11,500 Amid Gains Across Sectors

Asian share markets firmed on renewed hopes for a coronavirus vaccine after AstraZeneca resumed its Phase 3 trial though sentiment was still cautious ahead of a big week of central bank meetings in UK, Japan and the United States.

Indian stock markets bounce back but global cues turn weak

Indian equity markets bounced back this week with both Nifty50 and Sensex up 1.2% and 1.3% to close at 11,464 and 38,855, respectively. The broader market, however, remained weak with Nifty

Sensex rallies over 300 points in early trade; Nifty tops 11,550

HCL Tech was the top gainer in the Sensex pack, surging around 5 per cent, followed by Tech Mahindra, HDFC duo, Reliance Industries, TCS, SBI and IndusInd Bank.

Silver futures up 0.45% to Rs 68,238 per kg on dollar weakness

In the futures market, silver for December delivery touched an intraday high of Rs 68,292 and a low of Rs 67,906 per kg on the MCX.

Nickel futures jump 0.84% to Rs 1,121 per kg in evening trade

In the futures market, nickel for September delivery touched an intraday high of Rs 1,122.60 and a low of Rs 1,111.40 per kg on the MCX

Crude oil, gold prices to remain rangebound with bearish bias in short-term: HDFC Securities

The CFTC data showed that the money managers have increased their net long positions to three week high by 3,608 lots in last week.

Lead futures rise 1.22% to Rs 149.05 per kg in evening trade

In the futures market, lead for September delivery touched an intraday high of Rs 149.45 and a low of Rs 146.80 per kg on the MCX.

Crude oil price can slip further

Price decline with higher volumes denotes a strong downtrend

Govt bans export of onion with immediate effect

"The export of all varieties of onion is prohibited with immediate effect," the Directorate General of Foreign Trade (DGFT) said in a notification

India Bans Export Of Onions With Immediate Effect

The move aimed at increasing availability and keeping prices in check.

Govt bans onion exports due to shortage in domestic markets

India is the world's biggest exporter of onions. Countries such as Bangladesh, Nepal, Malaysia, and Sri Lanka rely on Indian shipments.

Govt bans export of onions to check soaring prices, increase availability

The DGFT, an arm of the commerce ministry, deals with exports and imports-related issues

Govt bans export of onions with immediate effect

The government on Monday banned the export of all varieties of onions with immediate effect, a move aimed at increasing availability and checking the price of the commodity in the domestic market.“The

Government bans export of all kind of onions with immediate effect

The export of all varieties of onions has been banned by the central government.

India bans export of all varieties of onion

“Rates have increased and there is shortage of onion in the domestic market. While this shortage is seasonal, a huge amount of exports were done in the last few months during the Covid-19 pandemic,” said an official aware of the development.

Modi govt bans export of all varieties of onions to check price rise

The move is aimed at increasing the availability of onions in the domestic market. In the national capital, prices touched Rs 40 per kg.

Govt bans export of onions with immediate effect

"The export of all varieties of onions... is prohibited with immediate effect," the Directorate General of Foreign Trade (DGFT) said in a notification.

Govt bans export of onions with immediate effect

Govt is anticipating a shortfall in the key cooking ingredient as its exports shot up 30% during April-July period

India bans onion exports as prices treble in a month

The export of all varieties of onion was prohibited with the immediate effect, the government said.

US stocks jump but FTSE 100 stalls amid dealmaking frenzy

US stocks jumped but the FTSE 100 fell as investors digested a set of high-profile deals that would change the global corporate landscape.

Dow claws back 28,000 perch as stocks rebound from last week’s selloff, amid vaccine hopes, deal-making

U.S. stocks climb Monday amid a flurry of potential corporate mash ups announced over the weekend, including reports that Oracle may be forging a partnership...

Goldman Sachs says it's optimistic the US stock market sell-off is almost over and keeps its 3,600 year-end target for the S&P 500

AP Photo/Richard Drew, File The S&P 500 should still hit 3,600 by the end of the year despite the recent tech-sell off, Goldman Sachs said...

Stocks, futures push higher after two-week slide: markets wrap

The dollar edged lower and Treasuries were little changed ahead of this week’s Federal Reserve meeting.

Global shares rise as investors look ahead to Fed meeting

Global shares rose Monday, despite the roller-coaster ride that Wall Street ended with last week, as traders awaited cues from the U.S. central bank expected later in the week.

India equity trade setup for September 14, 2020

Nifty which ended higher last week has an open gap at 11,508 and 11,289 while Bank Nifty has open gaps at 23,451 and 22,080.

Global shares mostly rise as investors look ahead to Fed

TOKYO (AP) — Global shares mostly rose Monday, continuing a [...]

Dow surges 300 points as Apple leads tech rebound

Stocks rose amid a slew of corporate dealmaking activity as the market tried to recover from its first back-to-back weekly declines in months.

Stocks, Futures Push Higher After Two-Week Slide: Markets Wrap

European and Asian stocks rose Monday along with U.S. futures amid a flurry of deal activity and signs of progress toward a virus vaccine. The dollar edged lower and Treasuries were little changed ahead of this week’s Federal Reserve meeting.

Govt seeks Parliament nod for Rs 20,000 crore capital infusion in public sector banks

In all, the government has sought Parliament's nod for additional spending of Rs 2.35 lakh crore, which includes a cash outgo of Rs 1.66 lakh crore, primarily to meet expenses for combating the COVID-19 pandemic.

FM presents first supplementary demands, seeks additional Rs 2.35 lakh cr

Includes Rs 40,000 crore towards enhanced expenditure under MGNREGA

Govt seeks Parliament nod for Rs 20,000-cr capital infusion in PSBs

Amount part of Rs 2.35 lakh cr additional spending moved by FM in Lok Sabha

Govt. looks to spend ₹2.35 lakh cr. more

FM tables supplementary demand for grants; net outgo may be ₹1.67 lakh cr; States to get big chunk

Govt seeks Parliament nod for Rs 20,000 cr capital infusion in public sector banks

The government on Monday sought Parliament's approval for infusing Rs 20,000 crore in public sector banks in the current financial year to meet regulatory requirements.

Centre seeks parliament's approval for additional spending of Rs 2.36 lakh crore

Of the additional expenditure of Rs 2.36 lakh crore, the most notable expenditures include Rs 44,340 crore to provide additional allocation under Post Devolution Revenue Deficit Grant to states

Parliament Session: FM Sitharaman seeks approval for additional spending of Rs 2.35 lakh crore

The government has also sought Rs 46,602.43 crore towards providing additional allocation under Post Devolution Revenue Deficit Grant to the states as per recommendations for Fifteenth Finance Commission

₹20,000-crore bank recap, ₹40,000 cr more for MNREGA top Govt’s additional spending plan

Finance Minister seeks Parliament nod for total extra expenditure of ₹2.35-lakh crore

Nirmala Sitharaman seeks parliamentary nod for spending additional Rs 2.35 lakh crore

This expenditure includes Rs 40,000 crore towards enhanced expenditure under MNREGA. The first batch of Supplementary Demands for Grants includes 54 Grants and 1 Appropriations.

Bank recapitalisation: Govt seeks nod to infuse Rs 20,000 crore in PSBs

The government has sought Parliament's approval to infuse Rs 20,000 crore in public sector banks through issue of government securities

No proposal for raising FII limit in PSBs to 49%: Thakur

There is no proposal for raising Foreign Institutional Investment (FII) ceiling in public sector banks to 49% from 20% for capital mobilisation, Minister of State for Finance Anurag Singh Thakur infor

FM seeks Parliament nod for additional budgetary spending of ₹2.35 lakh crore

The government has also sought ₹46,602.43 crore towards providing additional allocation under Post Devolution Revenue Deficit Grant to the states as per recommendations for Fifteenth Finance Commission.

Finance minister seeks Parliament nod for ₹2.36 trillion additional spending

The first batch of supplementary demands for grants for the current financial year will involve additional budgetary burden of ₹1.67 trillion while around ₹69,000 crore will be met through savings by various departments

Govt seeks parliamentary approval for additional Rs 1.67 trn expenditure

The additional requirement includes Rs 40,000 cr for works under MGNREGA and Rs 20,000 cr for bank recapitalisation

Parliament proceedings | FM presents first supplementary demands; seeks additional ₹2.35 lakh crore

The government has also sought ₹46,602.43 crore towards providing additional allocation under Post Devolution Revenue Deficit Grant

Govt seeks Parliament’s approval for Rs 2.35 lakh crore of additional gross expenditure

Finance Minister Nirmala Sitharaman on Monday sought the Parliament nod for additional spending of Rs 2,35,852.87 crore, including Rs 40,000 crore towards enhanced expenditure under Mahatma Gandhi National Rural Employment Guarantee Program.

FM presents first supplementary demands; seeks additional Rs 2.35 trillion

This includes Rs 40,000 cr towards enhanced expenditure under MGNREGS

No proposal for raising FII limit in PSBs to 49%: Anurag Singh Thakur

There is no proposal for raising Foreign Institutional Investment (FII) ceiling in public sector banks to 49% from 20%: Anurag Singh Thakur.No amount has been raised by the government in the current financial year for recapitalisation of PSBs

No proposal for raising FII limit in public sector banks to 49%: Thakur

There is no proposal for raising FII ceiling in public sector banks to 49 per cent from 20 per cent for capital mobilisation, Minister of State for Finance Anurag Singh Thakur informed the Lok Sabha

Covering dues: Special loans for discoms raised to Rs 1.2 lakh crore

The Centre had announced the scheme to clear the dues owed by discoms to the power generating companies till March, but several states, citing the discoms’ additional stress due to the coronavirus lockdown, wanted a widening of the window, Union power ministry secretary Sanjiv Nandan Sahai said.

Centre seeks Parliament nod for additional net cash expenditure of up to Rs 1.67 lakh crore

For meeting expenditure towards recapitalisation of public sector banks through government securities, the government has sought Rs 20,000 crore

Centre now seeks Parliament approval to infuse Rs 20,000 crore via recapitalisation bonds

Finance Minister Nirmala Sitharaman tabled a supplementary demand for grants in Parliament, which reflects the additional expenses sought by various ministries over and above the amount allocated in the Budget

No proposal for raising Foreign Institutional Investment limit in PSBs to 49%: Anurag Singh Thakur

Replying to another question, he said, the government and World Bank have so far signed only one loan of $750 million on May 15, 2020 as budgetary support to the Government for accelerating India’s COVID-19 Social Protection Response Programme in order to support measures undertaken under Pradhan Mantri Garib Kalyan Yojana (PMGKY), the benefits of which have flown to all States/UTs.

Google aims to run on carbon-free energy by 2030

OAKLAND, California: Alphabet Inc's Google aims to power its data centers and offices solely with renewable energy by 2030, its chief executive told Reuters, becoming the biggest company in the world to commit to ditching coal and natural gas power.

Google aims to run on carbon-free energy by 2030

OAKLAND, Calif. – Alphabet Inc’s Google aims to power its data centers and offices 24-7 using solely carbon-free electricity by 2030, its chief executive told Reuters, building on its

Google aims to run on carbon-free energy by 2030

Alphabet's Google aims to power its data centers and offices 24-7 using solely carbon-free electricity by 2030, its chief executive told Reuters, building on its previous goal of matching its energy use with 100% renewable energy.

Google aims to use only renewable power by 2030

Google aims to power its data centres and offices solely with renewable energy by 2030, its CEO said, becoming the biggest company in the world to commit to ditching coal and natural gas power.

Google pledges to only use carbon-free energy by 2030 in ‘biggest sustainability moonshot yet’

Google today announced its "third decade of climate action" with an ambitious pledge to go carbon-free by 2030, while also...

Google pledges to tap only renewable sources of energy by the next decade

By 2030, Google has pledged to shift all its data centers and offices to renewable sources of energy under a plan dubbed "Stretch Goal". It will ditch oil and gas-based power completely.

Google sets unprecedented goal to tap only renewable power by 2030

The

Google sets unprecedented goal to tap only renewable power by 2030

Google sets unprecedented goal to tap only renewable power by 2030

Google aims to run on carbon-free energy by 2030

Alphabet Inc’s Google aims to power its data centers and offices 24-7 using solely carbon-free electricity by 2030, its chief executive told Reuters, building on its previous goal of matching its energy use with 100% renewable energy.

13 states submit borrowing option to Centre to fund GST shortfall

These 13 states include Bihar, Odisha, Andhra Pradesh, Gujarat, Uttarakhand and Meghalaya..GST shortfall. India states. borrowing option. GST.Business News. Finance News

13 states submit borrowing option to Centre to fund GST shortfall

BJP states supported the borrowing option while non-BJP states are at loggerheads

13 states opt for Centre's 'borrow' plan amid GST compensation row

As many as 13 states ruled by the BJP and parties that have supported it on various issues have submitted their borrowing options to the Centre to meet the GST revenue shortfall.

GST compensation: 12 states pick Rs 97,000-crore borrowing option, one state picks option 2

Only one state, Manipur, has so far opted for Option 2 which involves borrowing the entire compensation deficit from the market.

13 states opt for Centre's proposal of borrowing to meet GST compensation shortfall

A total of 13 states have submitted their borrowing options to the Centre to meet the GST revenue shortfall.

GST: 12 states accept centre’s Rs 97,000 crore borrowing option

Six more states - Goa, Assam, Arunachal Pradesh, Nagaland, Mizoram and Himachal Pradesh - will be giving their option in a day or two, finance ministry sources said.

13 states submit borrowing option to Centre to fund GST shortfall

Chief ministers of six non-BJP ruled states of West Bengal, Kerala, Delhi, Telangana, Chhattisgarh and Tamil Nadu have written to the Centre opposing the options which require states to borrow to meet shortfall.

13 states submit borrowing option for GST shortfall, only Manipur opts to borrow from market

The 13 states include those ruled by the BJP and others like Odisha and Andhra Pradesh, ruled by parties that have supported it on various issues.

GST compensation shortfall: 12 states pick option 1 of borrowing scheme

Congress-ruled states, Kerala, West Bengal and Delhi are yet to decide

13 states submit borrowing option to Centre to fund GST shortfall

These 13 states include Bihar, Odisha, Andhra Pradesh, Gujarat, Uttarakhand and Meghalaya

13 states seek to borrow to meet GST gap

The fiscal woes of the central and state governments appear to have dealt a blow to the consensus-based approach

GST compensation options: 13 states opt for offer, 6 to decide soon

The Centre had last month offered two options to states to compensate them under GST regime

GST compensation: AP, Odisha join 11 other States to go for borrowing

The Centre has said that 13 States have communicated their decision to avail themselves of borrowings to meet the shortfall in GST compensation. Another six are expected to inform about their option i

Cost of no-deal Brexit on automotive industry revealed

A 10% tariff could be made on cars and up to 22% on vans and trucks, which would almost certainly need to be passed on to consumers, groups warned.

UK, EU Auto Sectors to Lose Over $140Bln in Case of No-Deal Brexit, Trade Association Says

MOSCOW (Sputnik) - The so-called no-deal Brexit would cost the pan-European automotive sector about 110 billion pounds ($141 billion) over the next five years, the...

Cost of no-deal Brexit on automotive industry revealed

A 10% tariff could be made on cars and up to 22% on vans and trucks, which would almost certainly need to be passed on to consumers, groups warned.

Cost of no-deal Brexit on automotive industry revealed

A 10% tariff could be made on cars and up to 22% on vans and trucks, which would almost certainly need to be passed on to consumers, groups warned.

Brexit: Automotive industry warns of ‘no deal’ devastation

Automotive companies from across the UK and EU are calling for an ambitious free trade deal, warning ‘no deal’ will have a catastrophic impact on the industry.

Cost of no-deal Brexit on automotive industry revealed

A 10% tariff could be made on cars and up to 22% on vans and trucks, which would almost certainly need to be passed on to consumers, groups warned.

Car makers across UK and EU urging politicians to secure Brexit trade deal to avoid 'catastrophic' losses

Tariffs would threaten the production of 3m EU- and UK-built vehicles over the next five years. This would mean losses of up to £84billion for the European automotive sector, and hit thousands of jobs.

S&P projects Indian economy to contract 9% in FY21; says COVID-19 will restrain economic activity

S&P said risks to the growth outlook include a weaker recovery in informal sectors of the economy and deeper economic losses for micro and small enterprises

S&P projects Indian economy to contract 9 pc; says COVID-19 will restrain economic activity

“One factor holding back private economic activity is the continued escalation of the COVID-19,” S and P Global Ratings Asia-Pacific Economist Vishrut Rana said.

Rating agency S&P projects Indian economy to contract 9% in fiscal 2021

S&P Global Ratings on Monday revised its forecast for the decline in India’s economy to (-)9 per cent in the current fiscal, from previously predicted,

S&P slashes India’s growth forecast to -9% from previous estimate of -5% in FY 2021

The global ratings body said rising Covid cases in India will keep private spending and investment lower for longer.

India's economy likely to tank 9 pc due to Covid distress: S&P

S&P Global Ratings said on Monday it expects India's economy to contract by 9 per cent in the current fiscal year ending March 31, 2021 as rising Covid-19 cases will keep private spending and investment lower for longer.

Economy to shrink 9% in FY21, says S&P

Extent of downslide increased from 5% contraction earlier

COVID-19 impact: S&P expects economy to shrink by 9% in FY21

Retail inflation data, due later in the day, is likely to have stayed above the Reserve Bank of India's medium-term target range in August for the fifth straight month

S&P projects Indian economy to contract 9 pc in FY21; says COVID-19 will restrain economic activity

The ratings firm joins a host of major banks and ratings agencies, which have made deep cuts to their forecasts on India's economy following a 23.9% contraction in April-June, as consumer spending, private investments and exports collapsed during one of the world's strictest lockdowns.

S&P Expects India's Economy To Contract 9% In Fiscal 2021

S&P joins a host of major banks and ratings agencies, which have made deep cuts to their forecasts on India's economy following a 23.9% contraction.

S&P Global Ratings expects Indian economy to contract 9% in fiscal 2021

S&P Global Ratings said that it was expecting India's economy to shrink by 9% in the fiscal year ending March 31, 2021, larger than its previous estimate of a 5% contraction

S&P expects GDP to contract 9% in FY21 on rising covid-19 cases

Last week, Fitch Ratings and Moody’s Investors Service cut their GDP estimates for FY21 to contraction of 14.8% and 11.5% respectively while Investment bank Goldman Sachs sees GDP to shrink by 10.5%

S&P: India’s economy to tank 9% in FY21 due to COVID-19

Following Moody’s take on the Indian economy, S&P Global Ratings said that the Asian nation is likely to see a 9% contraction in its GDP in the fiscal

Business News | India's Economy Likely to Tank 9 Pc Due to Covid Distress: S&P

Get latest articles and stories on Business at LatestLY. S&P Global Ratings said on Monday it expects India's economy to contract by 9 per cent in the current fiscal year ending March 31, 2021 as rising Covid-19 cases will keep private spending and investment lower for longer. Business News | India's Economy Likely to Tank 9 Pc Due to Covid Distress: S&P.

S&P slashes its FY21 growth forecast for India

"One factor holding back private economic activity is the continued escalation of the Covid-19,"

S&P expects India's economy to contract 9% in fiscal 2021

The ratings firm joins a host of major banks and ratings agencies, which have made deep cuts to their forecasts on India's economy following a 23.9% contraction in April-June, as consumer spending, private investments and exports collapsed during one of the world's strictest lockdowns.

Carlyle may take US$2 billion stake in retail arm of India's Reliance: Mint

Private equity firm Carlyle Group is looking to invest up to US$2 billion in Indian conglomerate Reliance Industries' retail business, financial ...

Alibaba is in talks to invest US$3 billion in Grab: Report

SINGAPORE: Alibaba is in talks to invest US$3 billion into Southeast Asia's biggest ride-hailing firm Grab, Bloomberg News reported on Monday (Sep ...

Alibaba in talks to invest US$3b in Grab, according to Bloomberg reports

BEIJING, Sept 14 — Alibaba Group Holding Ltd is in talks to invest US$3 billion in Southeast Asia's biggest ride-hailing firm Grab Holdings Inc, Bloomberg News reported today, citing people familiar with the matter. The Chinese conglomerate will be the sole investor in the funding round and will...

Top headlines: Carlyle, SoftBank on waiting list for Reliance Retail stake

Business Standard brings you the top headlines of the day

Ambani Puts Carlyle, SoftBank on Waiting List for Reliance Retail Stakes

Investor demand for Reliance Industries Ltd.’s retail business is so strong that these companies are on a waiting list.

Demand for Reliance Retail stake is so high Mukesh Ambani is putting investors on wait-list

Carlyle & SoftBank have expressed interest in investing in Reliance Retail but have been asked to wait as Reliance is already in talks with other investors.

Alibaba Is in Talks to Invest $3 Billion in Grab

Alibaba Group Holding Ltd. is in talks to invest $3 billion in Southeast Asian ride-hailing giant Grab Holdings Inc., according to people familiar with the matter.

Carlyle may take $2 billion stake in retail arm of Reliance: Report

Carlyle Group is looking to invest up to $2 billion in Reliance Industries' retail business

Carlyle may take $2 billion stake in Reliance Retail

The deal, if finalized, would be Carlyle's biggest investment in an Indian company and would be its first in the country's retail sector

Carlyle may take $2 billion stake in retail arm of India's Reliance: Mint

Carlyle may take $2 billion stake in retail arm of India's Reliance: Mint

SoftBank Is Said to Renew Talks to Go Private After Arm Deal

SoftBank Group Corp. is set to revive talks about taking the group private after reaching a deal to sell chipmaker Arm Ltd., according to people familiar with the matter.The Japanese conglomerate’s senior executives will be revisiting a management buyout plan, which had earlier met with internal opposition, the people said, asking not to be named as the information isn’t public. SoftBank is set to announce the sale of Arm to Nvidia Corp. soon, one of the people said. The cash-and-stock sale is e

UAE oil giant completes $1bn institutional placement of shares in its distribution unit

UAE oil giant completes $1bn institutional placement of shares in its distribution unit

Abu Dhabi's ADNOC nets $1b selling 10% in ADNOC Distribution to institutional investors

In all, 1.25b shares were sold at Dh2.95 apiece in Gulf's 'largest block placement'

ADNOC completes $1 billion institutional placement for distribution business

DUBAI: State-run Abu Dhabi National Oil Company (ADNOC) said on Monday it had completed a placement to institutional investors of 10 percent in its subsidiary ADNOC Distribution’s total share capital, or 1.25 billion shares, valued at $1 billion. The placement will increase ADNOC Distribution’s free float to 20 percent, and contribute to improved liquidity of the company,

S&P 500 Index opens decisively higher after last week's slump

Major equity indexes in the US closed in the negative territory for the second straight time last week but staged a decisive rebound on Monday support

5 things to know before the stock market opens Monday

Heading into Monday trading, the Nasdaq was off just under 10% from its closing record on Sept. 2.

Treasury yields are flat to start the week

U.S. government debt prices were higher on Monday as investors focused on a potential vaccine against Covid-19. 

The S&P 500 will climb another 6% in 2020 as fundamentals recover ahead of expectations, JPMorgan says

FILE PHOTO: Traders gather at the post that trades IBM on the floor of the New York Stock Exchange Thomson Reuters JPMorgan expects the S&P 500 to

Treasury yields marginally higher as investors eye Fed meeting

U.S. Treasury yields are inching higher on early Monday's trade as investors waited for the Federal Reserve meeting later this week.

Stocks Open Higher on Vaccine Optimism, M&A Fever; Dow up 335 Points

Stocks Open Higher on Vaccine Optimism, M&A Fever; Dow up 335 Points

Nasdaq Futures Rise 173 Pts; Nvidia Deal Helps

Nasdaq Futures Rise 173 Pts; Nvidia Deal Helps

MFs have many options to meet 25% limit requirement on multi-cap schemes: SEBI

The capital markets regulator, in a circular issued on Friday, specified that minimum investment in equity and equity related instruments of large-, mid- and small-cap companies should be minimum 25 per cent each of total assets.

Multi-Cap Rule Change: SEBI Says Mutual Funds Free To Choose Route

On Sunday evening, SEBI clarified that mutual funds are free to choose the route for complying with the revised norms on multi-cap funds. The clarification provided on Sunday could help mutual funds look at options such as a merger of multi-cap funds into large and mid-cap schemes or conversion of the existing product

SEBI may need to tweak its directive on multi-cap funds to serve investor interest better

While the move is well-intended to fix the undue bias towards large-caps, offering ample flexibility to fund managers is also critical

SEBI clarifies on new multi cap fund rule, says mutual funds have many options

SEBI on Sunday said that mutual funds have many options to meet minimum criteria of circular pertaining to asset allocation framework for multi cap schemes based on the preference of their unit holders

MFs to seek time to comply; plan alternatives to ‘protect’ investors

Even as the mutual fund industry plans to seek more time from SEBI to comply with its new regulations on multicap funds, it is already working on alternative ways to meet the new norms. These includ

Sebi issues clarification on asset allocation framework for multi-cap MFs

In its latest press release, Sebi noted that some sections of media have reported various views on the circular and various conclusions are being drawn

TikTok may outmaneuver Trump and avoid selling its US operations

Reuters reported Monday that ByteDance is trying to set up a partnership whereby tech giant Oracle manages TikTok's US user data.

Oracle Gamble Pays Off As Shares Surge Amid Reports Of TikTok Preferred Partnership Deal, WH Review

The Redwood City-based software company saw huge gains in it stocks and shares on Monday following news of a major deal struck with the popular Chinese social media...

Oracle beats Microsoft to buy US operations of TikTok

ByteDance turned down Microsoft’s previous bid to buy TikTok’s US assets. A deal with Oracle is narrower, appearing more like corporate restructuring.

Microsoft's offer to buy TikTok rejected - Technology & Health

Report says TikTok's owner has picked a consortium led by Oracle Corp. for a deal for the app's US operations.

Oracle Wins Deal for TikTok’s U.S. Operations

Oracle Corp. is the winning bidder for a deal with TikTok’s U.S. operations, people familiar with the talks said, after main rival Microsoft Corp. announced its offer for the video app was rejected.

It looks like TikTok isn't selling off its US operations at all. Now, its US future hangs on whether Trump walks back his threat to ban the app.

ByteDance CEO Zhang Yiming. VCG/VCG via Getty Images TikTok's parent company ByteDance won't be selling off TikTok's US operations after all, Reuters

Oracle stock surges after it confirms deal with TikTok-owner ByteDance

Microsoft announced that ByteDance has decided not to sell it TikTok's U.S. assets

WPI inflation rises 0.16% in Aug; food, manufactured items turn costlier

Inflation in food articles during August stood at 3.84 per cent

Sequential retail price inflation marginally eased to 6.69% in Aug

New Delhi, Sep 14 (IANS) Lower food prices pulled down India’s August retail inflation to 6.69 per cent from 6.73 per cent in July, official data showed on Monday. India’s consumer food price index during the month under review rose to 9.05 per cent from 9.27 per cent reported for[Read More...]

WPI inflation accelerates to 0.16% in August

Country’s wholesale price inflation accelerated for the first time since March as the prices of food items and manufactured products soared, government

WPI inflation rises for first time since March; August WPI rises this much

Wholesale Price Index (WPI) for August 2020 rose to 0.16% after being in a negative territory for four months straight since March.

Sequential retail price inflation marginally eases in Aug (Roundup)

New Delhi, Sep 14 (IANS) Lower food prices pulled down India’s August retail inflation to 6.69 per cent from 6.73 per cent in July, official data showed on Monday. The data furnished by the National Statistical Office (NSO) showed that India’s consumer food price index during the month under review[Read More...]

Wholesale prices rose by 0.16% in August, the first increase in five months, shows government data

Potato prices rose by as much as 82.93%, while onion prices fell by 34.48%.

WPI inflation rises 0.16 pc in August; food items turn costlier

Inflation in vegetables stood at 7.03 per cent, while in onion it was (-) 34.48 per cent..Wholesale price index. WPI. food inflation. Indian economy.Business News. Finance News

India's August WPI up at 0.16%, Riding on High Food, Fuel Prices

On sequential level, India's annual rate of inflation based on wholesale prices rose to 0.16 per cent in August from (-) 0.58 per cent in July.

WPI inflation rises 0.16% in August; food, manufactured items turn costlier

The Wholesale price index based (WPI) inflation was in the negative territory for four straight months -- April (-) 1.57 per cent, May (-) 3.37 per cent, June (-) 1.81 per cent and July (-) 0.58 per cent.

WPI inflation up a tad in August after 4 months of deflation

Index rose 0.16 per cent y-o-y; food, manufactured items turn costlier

India's Aug WPI rises sequentially on high food, fuel prices

New Delhi: High food, fuel and manufactured goods' prices accelerated India's August wholesale inflation, official data showed on Monday. On sequential level, India's annual rate of inflation...

WPI inflation rises 0.16% in August; food, manufactured items turn costlier

Inflation in vegetables stood at 7.03%, while in onion it was (-) 34.48%.

Wholesale inflation rate rises to 0.16% in August

The annual rate of inflation based on wholesale price index (WPI) increased to 0.16% in August as compared to 1.17% in the corresponding month of the previous year, the government said on Monday.

August WPI up 0.16%, turning positive for the first time after March

Wholesale price index (WPI) inflation rose to 0.16% in August from a 0.58% contraction in July as inflation for manufactured items advanced to 1.27% from 0.51% from the trailing month, data released by the commerce and industry ministry showed on Monday.

August WPI inflation up at 0.16% after being in negative zone for 4 months

The annual rate of inflation based on WPI Food Index decreased from 4.32 per cent in July to 4.07 per cent in August

India's retail inflation stood at 6.69% in August

Inflation in the vegetables basket stood at 11.41 percent in August as against 11.29 percent in July.

August WPI rises to 0.16% as food items, manufactured goods get costlier

WPI August Food Index increased to 153.3 from 152.0 in July

Heavily indebted Thai Airways gets court nod for restructuring

Thai has restructured multiple times over the last several years but it never "went deep enough to resolve many of the longstanding systemic issues", aviation expert Brendan Sobie told AFP.

Heavily indebted Thai Airways gets court nod for restructuring

A Thailand court on Monday approved the restructuring of Thai Airways, which is billions of dollars in debt and struggling to survive the ...

Heavily indebted Thai Airways gets court nod for restructuring

A Thailand court on Monday approved the restructuring of Thai Airways, which is billions of dollars in debt and struggling to survive the coronavirus tourism crash.

Heavily indebted Thai Airways gets court nod for restructuring

BANGKOK, Sept 14 — A Thailand court today approved the restructuring of Thai Airways, which is billions of dollars in debt and struggling to survive the coronavirus tourism crash. The global aviation sector was plunged into crisis by the pandemic as countries severely restricted travel, forcing...

Immunomedics soars 106% after Gilead agrees to acquire the cancer-drug company for $21 billion

Gilead expects the deal to immediately bolster its revenue growth, and to be neutral to accretive to adjusted earnings per share in 2023.

Immunomedics soars 106% after Gilead agrees to acquire the cancer-drug company for $21 billion

FILE PHOTO: Gilead Sciences Inc pharmaceutical company is seen during the outbreak of the coronavirus disease (COVID-19), in California Reuters ...

Gilead to buy Immunomedics for $21 billion

Gets access to breast cancer drug Trodelvy, with acquisition

Gilead in US$21b deal for Immunomedics

NEW YORK, Sept 14 — US pharmaceutical giant Gilead Sciences confirmed yesterday that it is buying American biotech firm Immunomedics, which makes a breast cancer drug, for US$21 billion (RM87.18 billion). Under the transaction, to be finalised in the fourth quarter of 2020, Gilead will buy...

Gilead to buy cancer drugmaker Immunomedics Inc for $21 billion

Gilead Sciences Inc will acquire biopharmaceutical company Immunomedics Inc for $21 billion, a move that will strengthen its cancer portfolio by gaining access to a promising drug

Gilead to buy cancer drug maker Immunomedics for $21-billion

Gilead will have access to FDA-approved breast cancer-drug Trodelvy

Immunomedics shares double after Gilead agrees to buy the cancer drugmaker in $21 billion deal

The deal will provide Gilead access to Immunomedics' cancer treatment drug called Trodelvy, an FDA-approved treatment for metastatic triple-negative breast cancer.

DraftKings and Caesars Entertainment stocks jump and they ink deals with ESPN

ESPN agreed to co-exclusive multi-year deals with DraftKings and Caesars Entertainment, the company announced on Monday. Both deals will integrate betting...

ESPN, Caesars partner on sports betting

ESPN.com’s web and mobile app and the ESPN Fantasy app will include link integrations to William Hill’s sports betting apps.

DraftKings surges after announcing ESPN deal

Shares of DraftKings jumped after the company announced a partnership with ESPN.

William Hill becomes official ESPN odds supplier

The William Hill betting chain will become the official odds supplier for ESPN across all its platforms in a deal announced Monday that expands the bookmaker's reach online and on air.

Oil slips as demand concerns rise, Libya output looms

Oil prices were mixed on Monday with U.S. crude rising as a tropical storm in the Gulf of Mexico forced rigs to shut down, but the gains were kept ...

Oil moves higher as storm threatens US Gulf Coast

Oil prices rose on Monday as a tropical storm in the Gulf of Mexico prompted drillers to evacuate rigs and shut-in production.

Oil ends lower on weak demand outlook, but storm disruptions to Gulf output limit losses

Oil futures end lower on Monday, undercut by continued demand worries as the Organization of the Petroleum Exporting Countries further reduces its outlook...

Oil slips as demand concerns rise, Libya output looms

Brent crude was down 33 cents, or 0.8 per cent, at $39.50 a barrel while U.S. West Texas Intermediate (WTI) crude futures were down 34 cents, or 0.9 per cent, at $36.99 a barrel by 0955 GMT

Oil mixed as storm threatens US gulf production

U.S. West Texas Intermediate (WTI) crude futures were up 9 cents, or 0.2%, at $37.42 a barrel by around 0050 GMT. Brent crude was down 3 cents at $39.80 a barrel.

Oil gains as storm causes U.S. gulf production halts

Oil gains as storm causes U.S. gulf production halts

Crude oil futures down 0.58% on weak demand, Brent trades below $40 a barrel

In the futures market, crude oil for September delivery touched an intraday high of Rs 2,769 and a low of Rs 2,713 per barrel on the MCX

Delta will use frequent-flyer program to back $6.5 billion in debt

Delta Air Lines became the latest carrier to tap its frequent-flyer program to cover new debt.

Delta to borrow $6.5 billion against frequent-flyer program

Sept. 14 (UPI) -- Delta Air Lines said Monday it plans to borrow $6.5 billion while using its SkyMiles frequent-flyer program as collateral, to help it navigate hardship brought on by the COVID-19 pandemic.

Delta will use frequent-flyer program to back $6.5 billion in debt

Delta Air Lines on Monday said that it will borrow $6.5 billion backed by its frequent-flyer program, the third airline to tap its loyalty platform to shore up liquidity amid the coronavirus crisis.

Delta Will Borrow $6.5 Billion Backed By Frequent Flyer Program

Airlines are facing a cash crisis thanks to plummeting demand during the coronavirus pandemic.

PTON Stock Price: Peloton declines to close out volatile week after hitting all-time highs

NASDAQ:PTON continues to hit its stride as the at-home fitness company rolled over Wall Street estimates at its recent earnings call. Peloton crushed

Is Slack Stock a Buy?

Let's find out if the recent pullback in the stock is a buying opportunity for long-term investors.

NASDAQ Stock Is Too High

Despite a 77% rise since the March 23 lows of this year, at the current price of around $125 per share we believe NASDAQ Inc. stock looks fully valued based on its historic P/E multiples. NASDAQ, a global financial exchange group, has seen its stock rally from $73 to $129 off the recent bottom...

Reese's rumored to be debuting peanut butter cup stuffed with potato chips

What the chip?!

Taco Bell is now selling its own custom wine in Canada

Taco Bell is selling a custom wine in Canada for a limited time.

Much-anticipated Popeyes chicken sandwich is finally available

The wait is over.

Jalapeño Noir—Taco Bell Releases Custom Wine

The existential drinking crisis of what to pair with tacos is over. Taco Bell has announced it is debuting its own wine, dubbed Jalapeño Noir.

UBS and Credit Suisse reported to be in merger talks

Europe’s banking industry is under pressure to consolidate

UBS and Credit Suisse Might Merge as One Entity

Credit Suisse and UBS, might see a possible merger as the chairmen of the banks are already considering to create a single European banking giant.

UBS and Credit Suisse are reportedly considering a merger that would create one of Europe's largest banks

Logos of Swiss banks Credit Suisse and UBS are seen Zurich Reuters A Swiss financial blog reported Monday that Credit Suisse and competitor UBS are

UBS explores merger with Credit Suisse

The chairmen of UBS Group AG and Credit Suisse Group AG are exploring a potential merger to create one of Europe’s largest banks, Inside Paradeplatz reported.

UBS and Credit Suisse are reportedly considering a merger that would create one of Europe's largest banks

A Swiss financial blog reported that the two bank's chairmen have been involved on the potential deal, nicknamed Signal.

Nvidia secures control of key global tech with $40bn Arm deal

Company at pains to allay conflict of interest concerns with UK chip designer’s other clients

Nvidia secures control of key global tech with $40bn Arm deal

Company at pains to allay conflict of interest concerns with UK chip designer’s other clients

Embattled SoftBank renews talks on taking the group private: Report

SoftBank Group Corp executives are considering taking the Japanese technology group private as the company seeks a new strategy after disposing of ...

SoftBank executives revive talks on taking Japanese group private

Conglomerate looks at strategy after series of asset disposals, including the $40bn sale of Arm Holdings

Nvidia seals $40bn deal for SoftBank’s Arm

Britain set to impose strict terms including protection of jobs and maintaining UK headquarters

Retail inflation eases to 6.69% in August

Retail inflation softened slightly to 6.69% in August, even as food prices continued to rule high, official data showed on Monday. Also read: WPI inflation rises 0.16% in August; food, manufactured it

Retail inflation dips marginally to 6.69% in Aug, food inflation at 9.62%

Food inflation during the month stood at 9.62 per cent

Retail inflation marginally dips to 6.69% in August from 6.73% in July

Govt has revised downwards the retail inflation from the earlier estimate of 6.93 per cent. According to the CPI data, food inflation in August fell marginally to 9.05 per cent.

Consumer inflation at 6.69% in August, marginally lower than July figures

The improvement in the inflation reading was because of marginally easing food prices coupled with the gradual lifting of coronavirus-related restriction.

India's retail inflation stands at 6.69% in August

Retail inflation eases to 6.69% in August; rate cut hopes remain grim

Once again retail inflation remained above Reserve Bank of India's medium term target of 4-6 per cent, which means a rate cut is not likely to happen in the next monetary policy meet

Consumer Inflation At 6.69% In August, Remains Above RBI Target

Consumer inflation in the country came in at 6.69 per cent in August, a notch lower compared to 6.73 per cent in the previous month and slightly better than economists' estimates,government data showed on Monday. Marginally easing food prices, with the gradual lifting of coronavirus-related restrictions, led to the improvement in the overall inflation reading. The Reserve Bank of India (RBI) tracks retail inflation - or the rate of increase in consumer prices as determined by the Consumer Price Index (CPI) - primarily for making changes to its monetary policy.

August retail inflation at 6.69 per cent

Wholesale price index (WPI) inflation rose to 0.16% in August from 0.58% in July. It turned positive in August for the first time since March reflecting a recovery in producers pricing power.

Retail Inflation Eases In Aug But Stays Above RBI's Tolerance Level

On Monday, data released by the National Statistical Office (NSO) showed retail inflation for August at 6.69 percent from 6.73 percent in the previous month. CPI core inflation was recorded at 5.8 percent as compared to 5.7 percent in July.

RBI Likely To Hold Repo Rate In October Policy Meet: Experts

August's retail inflation, at 6.69%, was lower than the 6.85% forecast in a Reuters poll of analysts and the 6.73% registered in July.

Retail inflation decelerates in August, but remains above RBI's tolerance level

Data released by the National Statistical Office on Monday showed food inflation eased in August to 9.05% from 9.27% in the preceding month

WPI inflation rises 0.16% in Aug as manufactured items turn costlier

A modest decline in food inflation in August was driven by cereals, pulses, vegetables and milk costing less

WPI Inflation Turns Positive In August As Prices Begins To Soar

Indias wholesale price index (WPI) inflation for the month of August turned positive after a gap of four months. With lockdown easing, producers have begun to command pricing power in the otherwise disrupted market. As per the data released by the industry department today, WPI inflation for August came in at 0.16% a

Aug WPI inflation rises to 0.16 percent from -0.58 percent in July

India News | Retail Inflation Softens Marginally to 6.69 Pc in Aug

Get latest articles and stories on India at LatestLY. Retail inflation softened slightly to 6.69 per cent in August, even as food prices continued to rule high, official data showed on Monday. India News | Retail Inflation Softens Marginally to 6.69 Pc in Aug.

Supply-side bottlenecks: August retail inflation expected to remain high on Covid impact (IANS Poll)

By Rohit VaidNew Delhi, Sep 13 : The Covid-19 induced supply-side constraints are expected to keep India's retail price inflation at an elevated level,

Fraudsters target victims by hijacking Google's search engine with phoney financial adverts, consumer group finds

Investigators discovered the scams after searches for terms such as 'top Isa' and 'best bonds'.

Google must do more to tackle scam adverts, says Which?

The consumer group is concerned about fake advertisements it found when searching for debt help charities and financial firms.

Google must do more to tackle scam adverts, says Which?

The consumer group is concerned about fake advertisements it found when searching for debt help charities and financial firms.

Google must do more to tackle scam adverts, says Which?

The consumer group is concerned about fake advertisements it found when searching for debt help charities and financial firms.

Facebook India names ex Ola exec Arun Srinivas Head for Global Business

Social media giant Facebook on Monday said it has appointed former Ola executive Arun Srinivas as the Director of Global Business Group in India

Facebook India appoints Arun Srinivas as director of global business group

He will spearhead the company’s strategic relationship with the country’s leading brands, agencies, and partners to drive Facebook’s growth

Facebook India appoints Arun Srinivas as Director of Global Business Group

Srinivas will spearhead the company’s strategic relationship with leading brands, agencies and partners to drive FB’s revenue growth in India

Facebook India picks Arun Srinivas to lead global business group

Srinivas has 24 years of experience in senior sales and marketing roles at several companies such as Reebok, Unilever, and Ola

Amid Hate Speech Fracas, Facebook India Appoints Arun Srinivas As Global Business Group Director

Facebook India has appointed ex-Ola COO Arun Srinivas as the director of Global Business Group, to drive revenue growth through marketing.

Facebook India appoints Arun Srinivas as director of global business group

Facebook said Srinivas appointment comes after a series of senior and leadership recruitments in recent months across marketing, partnerships, communications, and other key verticals demonstrating the companys expanding charter and commitment to India.

Facebook India Hires Ex-Ola COO Arun Srinivas as Head for Global Business Group

Facing intense political heat in India, Facebook on Monday announced the appointment of former Ola Chief Operating Officer Arun Srinivas as director of its Global Business Group to lead the strategy and delivery of the India marketing solutions charter that is focused on large advertisers and agencies. 📲 Facebook India Hires Ex-Ola COO Arun Srinivas as Head for Global Business Group.

Facebook India appoints former Ola executive Arun Srinivas as Head for Global Business Group

Srinivas comes with 24 years of experience in senior sales and marketing roles at companies including Ola, Unilever and Reebok. He also had a stint at investment firm WestBridge Capital Partners where he led the consumer vertical.

Facebook India hires ex-Ola COO as head for global biz group

Srinivas' appointment comes after a series of senior and leadership recruitments in recent months across marketing, partnerships, communications, and other key verticals in the country.

Gilead Ramps Up Cancer Focus With $21 Billion Immunomedics Deal

Gilead Sciences Inc. agreed to acquire Immunomedics Inc. for about $21 billion, a substantial premium for the maker of a promising breast-cancer therapy, in another big bet by the drug giant that an innovative tumor fighter can boost its fortunes.

Gilead in Advanced Talks for Immunomedics, Bid More Than $20 Billion

Gilead Sciences Inc. will acquire Immunomedics Inc. for about $21 billion cash to add breast-cancer treatments, the companies said in a statement.

Gilead Sciences buying Immunomedics in $21 billion deal

Shares of the cancer drug specialist Immunomedics more than doubled before the market opened Monday, a day after its sale to Gilead Sciences for $21 billion was announced.

Infosys to acquire European consultancy firm GuideVision

SignalX raises $ 750,000 from US venture capital firm

Artificial Intelligence-powered governance risk management and compliance start-up SignalX, based out of Hyderabad, has raised $750,000 from US VC firm 3Lines Venture Capital. With this funding, “we w

SignalX Bags 750K USD Funds from 3Lines Venture Capital

SignalX, a risk management startup, has raised 750K USD funds. It offers an AI-powered SaaS portal for corporate risk and due diligence.

Luxury Tours partners Trip Affiliates Network to power regional expansion

Luxury Tours & Travel (LTT) and Trip Affiliates Network (TA Network) announce the launch of their regional digital partnership, combining LTT’s regional DMC operational services with TA Network’s world class enterprise software delivery and innovative digital solution services. Headquartered in Singapore, LTT provides travel services and content to its trade partners across the globe, including airport transfers to sightseeing tours, worldwide hotel accommodations and tour packages. Trip Affiliates Network provides a broad range of system solutions designed to streamline and automate

Infosys to acquire GuideVision for up to 30 million euros

The acquisition is being carried out by Infy Consulting Company Ltd, a step-down subsidiary of Infosys Ltd..Infosys. GuideVision. Onmanorama. Manorama Online.Business News. Finance News

Infosys to acquire European consultancy firm GuideVision

Bengaluru, Sep 14 (IANS) IT major Infosys has signed a definitive agreement to acquire European consultancy firm GuideVision for up to 30 million euros including earn-out and bonuses. In a regulatory filing on Monday, Infosys said that GuideVision’s end-to-end offerings, including SnowMirror — a proprietary smart data replication tool for[Read More...]

Wipro, US-based ProcessMaker ink pact to deliver workflow management solutions

This collaboration will leverage Wipro's proprietary technology platform iCaaS (Intelligent Content as a Service) along with ProcessMaker's Workflow automation platform to deliver Cognitive Content Automation solutions to customers, a Wipro statement said.

Infosys to acquire Czech-based GuideVision for up to 30 million euros

IT services major Infosys on Monday said it will acquire Czech Republic-based GuideVision for up to Rs 260.4 crore

Wipro, US-based ProcessMaker ink pact

Wipro Limited and ProcessMaker, a US-based software company and low-code workflow automation platform, on Monday announced a partnership for delivering workflow management solutions to the Bengaluru-h

Wipro, US-based ProcessMaker ink pact to serve customers in Latin America

Wipro Limited and ProcessMaker announced a partnership for delivering workflow management solutions to the Bengaluru-headquartered firm's customers in Latin America

Infosys to acquire GuideVision for up to 30 million euros

"GuideVision's training academy and nearshore capabilities in Czech Republic, Hungary, Poland, and presence in Germany and Finland will strengthen Infosys' ServiceNow capabilities for its clients in Europe," Infosys said in a statement.

Infosys to acquire GuideVision for up to €30 million

The acquisition is expected to close during the third quarter of FY2021, subject to customary closing conditions, it added.

Infosys to acquire Europe-based GuideVision for 30 million euros

The acquisition is expected to augment the Cobalt portfolio of cloud services of Infosys and further strengthen near-shore delivery presence in the European region.GuideVision’s training academy and near-shore capabilities in Czech Republic, Hungary, and Poland, and presence in Germany and Finland will strengthen Infosys’ ServiceNow capabilities for its clients in Europe

Why HPE SA and BCX are ideal partners for SAP S/4HANA migration

As certified S/4HANA implementation partners, they can play a crucial role in helping organisations become more innovative and agile than their competitors.

Infosys to acquire GuideVision for €30 million

The enterprise service management consultancy offers strategic advisory, consulting, implementations, training and support on the ServiceNow platform

Infosys to buy Czech consultancy firm GuideVision for 30 million euros

“This acquisition is an important milestone in our journey to build capabilities relevant to the digital priorities of our clients," said Ravi Kumar, President, Infosys, said. The acquisition is expected to close during the third quarter of fiscal 2021, subject to customary closing conditions.

Latest News | SignalX Secures USD 750,000 Investment from 3Lines Venture Capital

Get latest articles and stories on Latest News at LatestLY. AI-powered risk Management startup SignalX has raised USD 750,000 (about Rs 5.51 crore) from a US-based early-stage VC firm 3Lines Venture Capital. Latest News | SignalX Secures USD 750,000 Investment from 3Lines Venture Capital.

TCS second Indian firm to cross Rs 9 lakh cr-market valuation mark

The company's market valuation went past Rs 9 lakh crore in early trade helped by a rally in its share price

TCS 2nd Indian comapny to cross Rs 9 lakh cr-market valuation mark

The company's market valuation went past Rs 9 lakh crore in early trade helped by a rally in its share price

TCS becomes second Indian firm to cross Rs 9 lakh crore-market valuation mark

The company's market valuation went past Rs 9 lakh crore in early trade helped by a rally in its share price..TCS. Tata Consultancy Services. TATA. Onmanorama. Manorama Online.Business News. Finance News

TCS becomes second Indian firm to cross ₹ 9 lakh cr-market valuation mark

The stock of the software services firm gained 2.91% to ₹ 2,442.80 — its record high — on the BSE.

TCS becomes second Indian firm to surpass Rs 9 lakh crore-market valuation

The company's market valuation went past Rs 9 lakh crore in early trade helped by a rally in its share price

TCS becomes second Indian firm to cross Rs 9 lakh crore-market valuation mark

Helped by the surge in its share price, the company's market valuation rose to Rs 9,14,606.25 crore on the BSE in early trade. It is the second most-valuable domestic firm in terms of market capitalisation.

TCS becomes second Indian firm to cross Rs 9 trillion market valuation mark

Tata Consultancy Services (TCS) on Monday became the second Indian company to attain a market valuation of Rs 9 trillion after Reliance Industries Limited

TCS becomes first Indian IT firm to cross Rs 9 lakh crore market capitalisation

TCS share hit all-time high on BSE today rising 3.37% to Rs 2,453 against previous close of Rs 2373 on BSE

This Adani Group share gained 1,230% in last one year; market cap near Rs 1 lakh crore

Adani Green Energy's market capitalisation rose to Rs 99,917 crore on Monday after the stock jumped 5 per cent in intraday trade to Rs 638.85 on BSE

These firms raised Rs. 3 lakh crores to their market capitalisation last week

Out of the 10 most valuable firms, four Indian companies added Rs 301847.99 crore to their market. RIL is more than Rs.15 lakh crore in market valuation

Adani Green hits new high post Q1 results; market-cap nears Rs 1-trillion

The Adani Group company's stock has rallied 1,173 per cent in a year

TCS becomes the second Indian company to cross Rs 9 trillion m-cap

The IT bellwether's stock surpassed its previous high of Rs 2,389.50, hit on September 8, 2020

TCS becomes 2nd Indian company to cross Rs 9 lakh-crore in market valuation

Tata Consultancy Services (TCS) on Monday became the second Indian company after Reliance Industries to attain a market valuation of over ₹9 lakh crore. The company’s market valuation went past the ₹9 lakh crore-mark in early trade helped by a rally in its share price. TCS is also the first Indian IT company to cross ₹9 lakh crore in m-cap.

TCS becomes second Indian firm to cross Rs 9 lakh cr-market valuation mark

Tata Consultancy Services (TCS) on Monday became the second Indian firm to attain a market valuation of over Rs 9 lakh crore after Reliance Industries Limited.

RIL and its partly-paid up stocks hit new highs; overall m-cap tops Rs 16.5 lakh crore

On September 10, RIL became the first Indian company to surpass a market capitalisation of $200 billion. The oil-to-telecom conglomerate now ranks 44th in terms of valuations globally.

Report on global blockchain ecosystem by CV VC, PwC and Cointelegraph

PwC, Swiss blockchain investment firm CV VC and Cointelegraph have released a report discussing the current blockchain ecosystem.

AMTD Fund Invests $8.4 Million in 5 ASEAN Fintech Companies

The AMTD Singapore Solidarity Fund has made its first batch of investments, selecting five fintech companies to inject a total of S$11.5 million.

Here's where blockchain technology is set to flourish

A report by PwC and CV VC picks eight fields that are embracing blockchain, and not all of them are familiar to the crypto industry.

First Abu Dhabi Bank partners Aldar for card-based payment to property tenants

This follows a deal struck with Aldar's real estate management arm Provis

Aldi launches new click-and-collect service for first time in the UK

The supermarket is currently running a trial in the Midlands with plans to extend it nationwide in the "coming weeks". It follows on from a new Deliveroo home delivery service at the start of the pandemic

Aldi expands into click and collect for first time

The supermarket chain said it now plans to extend the programme to more customers in ‘the coming weeks’.

Aldi expands into click and collect for first time

The supermarket chain said it now plans to extend the programme to more customers in ‘the coming weeks’.

Aldi expands into click and collect for first time

The supermarket chain said it now plans to extend the programme to more customers in ‘the coming weeks’.

Aldi is changing the way we can shop at its stores

The discount supermarket is currently piloting a new UK service

Aldi trials brand new way for people to shop with click and collect

If successful, the trial will be extended to further stores across the country in the near future

Aldi reveals click and collect plan starting in a matter of weeks

The long-awaited move will undergo a trial

Oman's share index ends higher marginally

The MSM index closed at 3,691.15 points, up 0.15% from previous close. The Shariah Index ended up 0.07% at 519.78 points.

ASX to edge up, central banks in focus

Australian shares are set for a modest start to the week, during which investors will be parsing policymaker comments from Australia to the UK and the US.

TASI levels up 0.84% at Sunday's close

Riyadh – Mubasher: The Tadawul All Share Index (TASI) inched up by 0.84% or 68.41 points on Sunday, reaching the level of 8,203.57 points. The energy increased by 0.81%, while banks and materials added 0.55% and 0.42%, respectively. Meanwhile, …

'Biotech is recession-proof': Brandon Capital's Nave on Australia's 'sunrise' industry

The head of Australia's largest life sciences investment firm has more than just a coronavirus vaccine on his mind.

'Biotech is recession-proof': Brandon Capital's Nave on Australia's 'sunrise' industry

The head of Australia's largest life sciences investment firm has more than just a coronavirus vaccine on his mind.

'Biotech is recession-proof': Brandon Capital's Nave on Australia's 'sunrise' industry

The head of Australia's largest life sciences investment firm has more than just a coronavirus vaccine on his mind.

Support builds for 'forensic' probe into Rio Tinto's land agreements

Rio Tinto investors and Indigenous leaders are turning their focus to forcing an independent probe into the miner's treatment of all traditional owners.

Support builds for 'forensic' probe into Rio Tinto's land agreements

Rio Tinto investors and Indigenous leaders are turning their focus to forcing an independent probe into the miner's treatment of all traditional owners.

Support builds for 'forensic' probe into Rio Tinto's land agreements

Rio Tinto investors and Indigenous leaders are turning their focus to forcing an independent probe into the miner's treatment of all traditional owners.

Unisuper members brace for climate policy shift as pressure mounts

Unisuper has divested from two pure-play coal companies but its members, including prominent scientists, want more.

Unisuper members brace for climate policy shift as pressure mounts

Unisuper has divested from two pure-play coal companies but its members, including prominent scientists, want more.

Unisuper members brace for climate policy shift as pressure mounts

Unisuper has divested from two pure-play coal companies but its members, including prominent scientists, want more.

Pandemic rebel Sweden plots its economic recovery

Can Sweden's falling infections and lesser economic blow be taken as a victory for its light-touch approach to the pandemic? It depends who you ask.

Pandemic rebel Sweden plots its economic recovery

Can Sweden's falling infections and lesser economic blow be taken as a victory for its light-touch approach to the pandemic? It depends who you ask.

Pandemic rebel Sweden plots its economic recovery

Can Sweden's falling infections and lesser economic blow be taken as a victory for its light-touch approach to the pandemic? It depends who you ask.

Macquarie flags 35 per cent pandemic hit to first-half earnings

Macquarie Group has told investors the turmoil unleashed by coronavirus will see its earnings for the current half dive and said it is unable to provide meaningful guidance for the year due to the uncertainty. 

Macquarie flags 35 per cent pandemic hit to first-half earnings

Macquarie Group has told investors the turmoil unleashed by coronavirus will see its earnings for the current half dive and said it is unable to provide meaningful guidance for the year due to the uncertainty. 

Macquarie flags 35 per cent pandemic hit to first-half earnings

Macquarie Group has told investors the turmoil unleashed by coronavirus will see its earnings for the current half dive and said it is unable to provide meaningful guidance for the year due to the uncertainty. 

Macquarie flags $500m pandemic hit to first-half earnings

Macquarie Group says the turmoil unleashed by COVID-19 will see its earnings for the current half dive and said it is unable to provide meaningful guidance for the year due to the uncertainty. 

Macquarie flags $500m pandemic hit to first-half earnings

Macquarie Group says the turmoil unleashed by COVID-19 will see its earnings for the current half dive and said it is unable to provide meaningful guidance for the year due to the uncertainty. 

World is frozen in response to deluge of US dollars, fearing Trump punishment

The US dollar has fallen significantly against most major currencies but countries' responses have been muted by fear of US retaliation.

World is frozen in response to deluge of US dollars, fearing Trump punishment

The US dollar has fallen significantly against most major currencies but countries' responses have been muted by fear of US retaliation.

World is frozen in response to deluge of US dollars, fearing Trump punishment

The US dollar has fallen significantly against most major currencies but countries' responses have been muted by fear of US retaliation.

Dollars stream in for iron ore magnates despite wobbly economy

Wright Prospecting recorded $204 million in profit last financial year, up from $160 million in 2019, and paid out $199 million in dividends to its owners.

Dollars stream in for iron ore magnates despite wobbly economy

Wright Prospecting recorded $204 million in profit last financial year, up from $160 million in 2019, and paid out $199 million in dividends to its owners.

Dollars stream in for iron ore magnates despite wobbly economy

Wright Prospecting recorded $204 million in profit last financial year, up from $160 million in 2019, and paid out $199 million in dividends to its owners.

Seven Group takes step closer to a seat at the Boral table

Seven Group has moved a step closer to board representation at building materials giant Boral, after the company lifted its stake in Boral to 19.98 per cent.

Seven Group takes step closer to a seat at the Boral table

Seven Group has moved a step closer to board representation at building materials giant Boral, after the company lifted its stake in Boral to 19.98 per cent.

Seven Group takes step closer to a seat at the Boral table

Seven Group has moved a step closer to board representation at building materials giant Boral, after the company lifted its stake in Boral to 19.98 per cent.

The Macquarie bubble has burst, unearthing its COVID vulnerabilities

For the first time since the GFC Macquarie is not providing guidance for the full year to the end of March 2021.

The Macquarie bubble has burst, unearthing its COVID vulnerabilities

For the first time since the GFC Macquarie is not providing guidance for the full year to the end of March 2021.

The Macquarie bubble has burst, unearthing its COVID vulnerabilities

For the first time since the GFC Macquarie is not providing guidance for the full year to the end of March 2021.

Punter suing BetEasy says Crown opened her betting account

A punter who is suing BetEasy for close to $1.2 million in unpaid winnings says her betting account was opened for her by a Crown employee when she joined the casino's Signature Club.

Punter suing BetEasy says Crown opened her betting account

A punter who is suing BetEasy for close to $1.2 million in unpaid winnings says her betting account was opened for her by a Crown employee when she joined the casino's Signature Club.

Punter suing BetEasy says Crown opened her betting account

A punter who is suing BetEasy for close to $1.2 million in unpaid winnings says her betting account was opened for her by a Crown employee when she joined the casino's Signature Club.

Oil refiner urges swift subsidies rollout as closure threats loom

Fuel supplier Viva Energy says a speedy delivery of a newly announced taxpayer support package will be vital to reduce the risk of oil refinery closures.

Oil refiner urges swift subsidies rollout as closure threats loom

Fuel supplier Viva Energy says a speedy delivery of a newly announced taxpayer support package will be vital to reduce the risk of oil refinery closures.

Oil refiner urges swift subsidies rollout as closure threats loom

Fuel supplier Viva Energy says a speedy delivery of a newly announced taxpayer support package will be vital to reduce the risk of oil refinery closures.

Clamp down on JobKeeper rorts, detractors argue

The $101 billion JobKeeper program has not yet seen one fine issued for rorting.

Clamp down on JobKeeper rorts, detractors argue

The $101 billion JobKeeper program has not yet seen one fine issued for rorting.

Clamp down on JobKeeper rorts, detractors argue

The $101 billion JobKeeper program has not yet seen one fine issued for rorting.

Investors teamed up to roast Rio over rock shelter blast, warn departures are first step

A group of 11 investors ramped up pressure on Rio Tinto's board before the removal of CEO Jean-Sebastien Jacques.

Investors teamed up to roast Rio over rock shelter blast, warn departures are first step

A group of 11 investors ramped up pressure on Rio Tinto's board before the removal of CEO Jean-Sebastien Jacques.

Investors teamed up to roast Rio over rock shelter blast, warn departures are first step

A group of 11 investors ramped up pressure on Rio Tinto's board before the removal of CEO Jean-Sebastien Jacques.

SafetyCulture snaps up training startup EdApp in maiden acquisition

Technology unicorn SafetyCulture has bought EdApp in a deal that values the Sydney-based online training app at $40 million.

SafetyCulture snaps up training startup EdApp in maiden acquisition

Technology unicorn SafetyCulture has bought EdApp in a deal that values the Sydney-based online training app at $40 million.

SafetyCulture snaps up training startup EdApp in maiden acquisition

Technology unicorn SafetyCulture has bought EdApp in a deal that values the Sydney-based online training app at $40 million.

Calfrac delays vote on recapitalization plan following unsolicited Wilks Brothers offer

The Calgary-based company says it will now hold a vote by its shareholders and unsecured noteholders on the management reorganization plan on Sept. 29 instead of Sept. 17.

Calfrac delays vote on recapitalization plan to Sept. 29 after Wilks Brothers offer

Calfrac Well Services Ltd. is postponing a vote on its recapitalization plan following an unsolicited takeover offer for the company by Texas-based Wilks Brothers LLC.

Calfrac delays vote on recapitalization plan to Sept. 29 after Wilks Brothers offer

CALGARY — Calfrac Well Services Ltd. is postponing a vote on its recapitalization plan following an unsolicited takeover offer for the company by Texas-based Wilks Brothers LLC last week.

Calfrac delays vote on recapitalization plan to Sept. 29 after Wilks Brothers offer

Calfrac Well Services Ltd. is postponing a vote on its recapitalization plan following an unsolicited takeover offer for the company by Texas-based Wilks Brothers LLC.

Montreal-based security company GardaWorld makes bid to buy G4S

Montreal-based GardaWorld says it decided to publicize its bid to pressure the firm into talks.

Canadian rival tables £3bn hostile bid for security giant G4S

Shares in G4S surged in early trading after the prospective bidder GardaWorld confirmed the move.

Security company GardaWorld reveals it's trying to buy G4S

GardaWorld, the world's largest privately owned security company, said Monday it was making a US$3.9 billion offer for G4S, saying its London-based rival has rejected or ignored three previous approaches.

Canadian security company GardaWorld offers £3 billion to buy U.K.-listed rival G4S - MarketWatch

Shares in G4S soared 25% after GardaWorld said the U.K. company had now “dismissed or ignored” three takeover approaches.

Canadian rival tables £3bn hostile bid for security giant G4S

Shares in G4S surged in early trading after the prospective bidder GardaWorld confirmed the move.

Security company GardaWorld reveals it's trying to buy G4S

LONDON — GardaWorld, the world’s largest privately owned security company, said Monday it was making a 3 billion-pound ($3.9 billion) offer for G4S, saying its London-based rival has rejected or ignored three previous approaches. Montreal-based GardaWorld says it decided to publicize its bid of 190 pence a share – a 30% premium to G4S’s closing …

Canadian rival tables £3bn hostile bid for security giant G4S

Shares in G4S surged in early trading after the prospective bidder GardaWorld confirmed the move.

G4S guarded as it faces £3bn hostile takeover bid A market analyst says any deal will be like the "tiddler swallowing the whale" as a Canadian firm bids to takeover G4S.

A market analyst says any deal will be like the "tiddler swallowing the whale" as a Canadian firm bids to takeover G4S.

Security company GardaWorld reveals it's trying to buy G4S

GardaWorld, the world’s largest privately owned security company, said Monday it was making a 3 billion-pound ($3.9 billion) offer for G4S, saying its London-based rival has rejected or ignored three

Chinese automakers announce targets to raise hydrogen vehicle sales

Chinese automakers have announced plans to increase sales of hydrogen fuel cell vehicles, a niche segment in the world's biggest auto market, and ...

Chinese Automakers Announce Targets To Raise Hydrogen Vehicle Sales

Chinese automakers have announced plans to increase sales of hydrogen fuel cell vehicles, a niche segment in the world's biggest auto market, and the government is expected to announce supportive new policies, possibly as early as this month.

SGMW-developed compact EVs see impressive sales in China

China-based SGMW sold 9,200 Hongguan Mini EV, a compact electric vehicle, in the Chinese market in August, the second largest EV sales volume next only to 12,000 Tesla Model 3, according to China-based media reports.

Chinese automakers announce targets to raise hydrogen vehicle sales

Chinese automakers announce targets to raise hydrogen vehicle sales

Canada looks set for a fight over compensation for Huawei gear

OTTAWA: Canada is signalling it might not compensate major telecommunications providers if the federal government bans equipment made by China's ...

Canada looks set for a fight over US$758 million compensation for Huawei gear

Canada is signalling it might not compensate major telecommunications providers if the federal government bans equipment made by China's Huawei ...

Canada looks set for a fight over $758 million compensation for Huawei gear

Canada, under pressure from the United States to ban Huawei Technologies Co Ltd gear on security grounds, is studying whether to allow the firm into the country's next-generation 5G networks

Ottawa looks set for a fight over $1-billion compensation for Huawei equipment

If the federal government bans the Chinese company from participation in 5G networks, Canadian telecom providers will face a stiff bill tearing out existing gear

ByteDance picks Oracle as partner to try to save TikTok US: sources

Oracle beat Microsoft in the battle for the U.S. arm of TikTok with a deal structured as a partnership rather than an outright sale to try to ...

ByteDance picks Oracle as partner to try to save TikTok US - sources

Oracle beat Microsoft in the battle for the U.S. arm of TikTok with a deal structured as a partnership rather than an outright sale to try to ...

Why Walmart still wants in on the TikTok deal

Why Walmart still wants in on the TikTok deal

Singapore retrenchments in first half of 2020 rose to 11,350, higher than the 9,920 initially estimated

SINGAPORE, Sept 14 — Retrenchments rose sharply to 11,350 in the first half of the year, the Ministry of Manpower (MOM) said today, higher than was estimated at first. Advanced estimates released on July 29 had forecast that there were 6,700 retrenchments between April and June, making a total of...

Retrenchments in Singapore in first half of the year rose to 11,350, higher than 9,920 initially estimated, says ministry

SINGAPORE, Sept 14 — Retrenchments rose sharply to 11,350 in the first half of the year, the Manpower Ministry (MOM) said today, higher than was initially estimated. Advanced estimates released on July 29 had said there were 6,700 retrenchments between April and June, making a total of...

Retrenchments in Singapore spike in first half of the year, surpassing SARS peak: MOM

SINGAPORE: Retrenchments in the second quarter more than doubled to 8,130 from the figure of 3,220 in the first quarter, according to data ...

Etihad Airways inks two-year deal with event management firm MCI

Etihad Airways inks two-year deal with event management firm MCI

Etihad Airways signs two-year deal with event management firm MCI

MCI clients will get special rates through Etihad for events held in Abu Dhabi

Etihad and MCI team up to give UAE events industry a boost

Airline and conference organiser join forces in advance of 2021 and 2022 events season…

Australia proposes paying oil refiners billions to stay open

SYDNEY/MELBOURNE: Australia on Monday proposed offering incentives worth A$2.3 billion ($1.67 billion) over 10 years to keep the country's four remaining oil refineries open and said it would invest in building fuel storage as part of a long-term fuel security plan.

Australia proposes paying oil refiners billions to stay open

The country's refiners have been battered by the coronavirus-driven collapse in fuel demand, racking up losses which they say threaten the future of their plants as they compete against much bigger refineries around Asia.

Australia to boost domestic fuel storage, subsidise refineries

SYDNEY, Sept 14 — Australia will invest A$211 million (RM637.9 million) to boost its domestic fuel storage capabilities while local refineries will be subsidised to stay open in business, as the government unveiled plans to secure its long-term fuel supply. A coronavirus-driven demand slump has...

Top smallcap, midcap stocks to buy: Kotak, ICICI, Edelweiss’ top picks on SEBI’s multicap rule change

It finally may be go-time for small cap and midcap stocks. SEBI issued a circular last week which is expected to further help the small cap and midcap stocks rally.

Mid/small-cap stocks rally on SEBI multi-cap norms

Investors see fund houses diversifying investments; brokerages call for caution

Funds Seek To Calm Investors As Sebi's New Norms Affect $2 Billion In Equity Assets

Securities and Exchange Board of India (SEBI) said so-called multi-cap funds should invest a minimum 75 per cent in stocks, with equal allocation of 25 per cent between large-, mid- and small-cap shares.

Good intent, bad planning

SEBI needs to avoid abrupt tweaks to rules that disrupt the market

Small-Cap, Mid-Cap Stocks Gained Up To 20% On Sebi's New Multi-Cap Fund Rule

The furore around new ruling on multicap funds which now demands fund manager to allocate 25% each to large, mid and small-cap stocks, there was seen surge in small cap and mid-cap stocks. While mid-cap stocks jumped over 2%, small cap managed to hit their 52-week high today outperforming the headline indices.

M&M Fin, Federal Bank: Top financial picks post Sebi's multicap fund rule

We believe quality Mid & Small caps can deliver significant returns in the next 4-6 months as most institutional investors will try to comply with this new regulation, said Centrum Broking

Teji Mandi: SEBI's new mandate - Will Small & Midcaps finally wake up?

Indian funds seek to calm investors after rule change affects $20 billion in equity assets

The Securities and Exchange Board of India (SEBI) on Friday said so-called multi-cap funds should invest a minimum 75 percent of their assets in stocks, but spooked industry by mandating equal allocation of 25 percent between large-, mid- and small-cap shares.

Asia shares rise as investors look ahead to Fed meeting

Asian shares rose Monday, despite the roller-coaster ride that Wall Street ended with last week, as traders awaited cues from the U.S. central bank expected later in the week.

Asia shares rise as investors look ahead to Fed meeting

Asian shares rose Monday, despite the roller-coaster ride that Wall Street ended with last week, as traders awaited cues from the U.S. central bank expected later in the week.

Asia shares rise as investors look ahead to Fed meeting

TOKYO — Asian shares rose Monday, despite the rollercoast ride that closed Wall Street last week, as traders awaited cues from the U.S. central bank expected later in the week.

Rupee rises against US dollar in early trade

The dollar index, which gauges the greenback’s strength against a basket of six currencies, fell 0.15% to 93.19.

Rupee rises 21 paise to 73.32 against US dollar in early trade

The rupee strengthened by 21 paise to 73.32 against the US dollar in opening trade supported by weak American currency and positive domestic equities

Rupee rises 21 paise to 73.32 against US dollar in early trade

At the interbank forex market, the domestic unit opened at 73.40 against the US dollar, gained further ground to touch 73.32 against the US dollar, registering a rise of 21 paise over its previous close.

Ringgit slightly lower against US dollar in early trade

KUALA LUMPUR, Sept 14 — The ringgit retreated from its recent gains to open slightly lower against the US dollar as cautious sentiment ahead of the US Federal Open Market Committee (FOMC) meeting kept investors to hold the greenback, dealers said. At 9am, the local currency was quoted at...

Rupee rises 21 paise to 73.32 against US dollar in early trade

The dollar index, which gauges the greenback's strength against a basket of six currencies, fell 0.15 per cent to 93.19.

Sell USDINR; target of 73.75 - 73.85: ICICI Direct

ICICI Direct US$INR futures traded flat on Friday as the dollar index remained steady against a basket of major currencies and domestic equities also consolidated, which kept the pair in a sideways trend•

Rand firmer in early trade, eyes on central banks meetings

In fixed income, the yield on the benchmark government instrument due in 2030 was flat at 9.36%.

Rupee opens 13 paise up at 73.40 against dollar

For the day, brokerage Motilal Oswal Financial Services expects USDINR (Spot) to quote in the range of 73.20 and 73.80.

Ringgit likely to retreat this week, says Kenanga Investment

KUALA LUMPUR, Sept 14 — The ringgit will likely be heading for a second straight weekly fall this week amid a volatile oil market outlook, said Kenanga Investment Bank Bhd. In a note, the research firm said the lingering concerns over global oil demand could drag crude oil prices lower,...

RBI asks banks to complete automation of NPA recognition by 30 June 2021

In a notification issued on Monday, RBI observed that the processes for NPA identification, income recognition, provisioning and generation of related returns in many banks are not yet fully automated.

RBI asks banks to use automated IT-based system for asset classification

Upgrade system to identify NPAs, calculation of provisioning by June 30: RBI to banks

The Reserve Bank of India, on Monday, asked banks to upgrade their systems by June 30, 2021, for identification of non-performing assets (NPA) and calculation of provisioning.“In order to ensure the c

RBI directs banks to complete automation of NPA recognition, provisioning calculation by June 2021

All borrowal accounts, including temporary overdrafts, irrespective of size, sector or types of limits, will be covered in the automated IT based system for asset classification, upgradation, and provisioning processes, says RBI

RBI pulls up banks over delay in automating NPA recognition process

Banks were advised in August 2011 to have appropriate IT systems for identification of NPAs and generation of related data/returns

RBI asks banks to complete automation of NPA recognition, calculation of provisioning by June 30, 2021

RBI observed that the processes for NPA identification, income recognition, provisioning, and generation of related returns in many banks are not yet fully automated.

FM presents 1st batch of supplementary demands; seeks additional Rs 2.3 trn

FM Nirmala Sitharaman on Monday sought the Parliament nod for additional spending of Rs 2.35 trillion, which include cash outgo of Rs 1.66 trillion, primarily to meet expenses for combating Covid-19

FM Seeks Parliament Nod For Additional Rs 2.35 Lakh Crore In Spending

On Monday, Finance Minister Nirmala Sitharaman sought Parliament nod for additional spending of Rs 2.35 lakh crore, which includes cash outgo of Rs 1.66 lakh crore, primarily to meet expenses for combating the COVID-19 pandemic.

FM Sitharaman presents first batch of supplementary demands; seeks additional Rs 2.35 lakh crore

The first batch of Supplementary Demands for Grants for 2020-21 includes 54 Grants and 1 Appropriation.

Mukhya Mantri Mahila Utkarsh Yojana MMUY Gujarat, Apply ,List, Status

In this article, we explain the benefits of the Mukhya Mantri Mahila Utkarsh Yojana, Application Form, List of the beneficiaries, and Checking the Status of the application.

FM Sitharaman presents first batch of supplementary demands

The first batch of Supplementary Demands for Grants for 2020-21 includes 54 Grants and 1 Appropriations.

FM seeks additional Rs 2.35 lakh crore to meet expenses

FM seeks additional Rs 2.35 lakh crore to meet expenses. Of the total cash outgo Rs 40,000 crore is towards enhanced expenditure under Mahatma Gandhi National Rural Employment Guarantee Program and Rs 33,771.48 crore have been sought for direct benefit transfer under Pradhan Mantri Jan Dhan Yojana and National Social Assistance Programme.

Prime Minister Shram Yogi Mandhan Yojana: Get minimum Rs 3,000 monthly pension - here is how

Prime Minister Shram Yogi Mandhan Yojana (PM-SYM) was launched in 2019 to provide benefits to informal sector workers.

Online retail sales slow down in August after massive spike during pandemic

Adobe's latest digital economy data shows that online shopping activity declined in August as more physical stores opened up across the US.

COVID-related U.S. e-commerce growth slows as store reopenings attract quarantine-fatigued customers: Adobe

Adobe data shows that shoppers returned to stores as they reopened, with online sales slowing, though still going strong, as a result.

4 Hot Stocks to Buy for E-Commerce Growth

E-commerce stocks to buy include these companies that are growing at a robust pace and stand to benefit from the surge in online shopping.

Covid-19 scheme worth €8m to assist B&Bs opens for applications

Owners who do not pay local authority rates will be able to claim grants of up to €4,000

Covid-19 scheme worth €8m to assist B&Bs open for applications

Owners who do not pay local authority rates will be able to claim grants of up to €4,000

€8m Covid-19 grant scheme to help B&B owners

Bed & Breakfast owners who do not pay local authority rates will be able to claim grants of up to €4,000 from today, following the opening of applications under the Restart Grant Plus for B&Bs.

Up to €8 million in grants available for B&Bs through Fáilte Ireland

Restart Grant Plus for B&Bs opens for applications

Govt Asks Corporates To Clear MSME Dues On Priority

On Monday, the MSME Ministry has asked corporates of the country to clear dues of small and medium enterprises (SMEs) on priority as these payments are important for operations and sustenance of jobs in the sector.

MSME ministry asks corporates to clear dues of small units on priority

The MSME ministry has asked top 500 corporate groups to clear the pending dues of small and medium enterprises on priority as these payments are important for operations and sustenance of jobs in the sector

Government asks private sector to clear payments due to MSMEs

The ministry has also asked corporates to ensure that they are filing half-yearly returns as mandated by the Ministry of corporate affairs on their dues to MSMEs.

After PSUs, MSME Ministry train guns on 500 corporates for unpaid MSME dues; asks to pay ‘at earliest’

Credit and Finance for MSMEs: The ministry reminded private firms to join the TReDS platforms as it was made mandatory by the government in 2018 for all CPSEs and corporates with over Rs 500 crore turnover.

Govt asks top 500 private companies to clear MSME dues

In a letter to the heads of these companies, MSME secretary AK Sharma asked them to clear all dues as the payments are crucial for operation and survival of small businesses

Centre asks 500 big firms to clear MSME dues fast; govt pays up Rs 10,000 crore

In e-letters sent out to top bosses of the big companies, the Ministry of MSME headed by Nitin Gadkari has said that payment of past dues is very important for MSMEs' survival

MSME Ministry urges corporates to clear sector’s dues

"Ministry has written e-letters to the owners, CMDs or top executives of these five hundred corporates. While conveying its support and solidarity in these difficult times, Ministry has strongly taken up the issue of pending payments of MSMEs."

AUD/USD struggles for direction, stuck in a range below 0.7300 mark

The AUD/USD pair lacked any firm directional bias and remained confined in a narrow trading band, below the 0.7300 mark through the early European ses

Pound-Australian Dollar Recovers from Two-year Lows, Corrects from Oversold

The British Pound was on Monday seen moving higher and trying to consolidate against the Australian Dollar following the previous week's 3.65% decline, as market await fresh news on Brexit trade negotiations and Sterling recovered from oversold conditions

USD/CAD turns flat, around 1.3175 level amid a sharp pullback in oil prices

The USD/CAD pair seesawed between tepid gains/minor losses through the early European session and was last seen trading in the neutral territory, arou

USD/CHF extends slide to fresh daily lows below 0.9070

The USD/CHF pair failed to break above 0.9200 and closed in the negative territory last week. With the greenback struggling to find demand on Monday,

Pound-New Zealand Dollar Sell-off Approaches Solid Support Level at 1.90

The Pound-to-New Zealand Dollar exchange rate (GBP/NZD) is expected to remain heavy given the solid and entrenched downside momentum in place, however the pair is increasingly at risk of entering oversold conditions and it will take a titanic push to the pair below 1.90.

GBP/USD to bounce from 200-DMA at 1.2735 ahead of further losses – Commerzbank

The GBP/USD pair prints 0.20% gains to trade around 1.2820. Karen Jones, Team Head FICC Technical Analysis Research at Commerzbank, expects a small re

EUR/USD flirts with 2-day highs near 1.1870 ahead of EMU data

EUR/USD is prolonging the upbeat tone at the beginning of the week and trades close to the 1.1870 level, or 2-day highs. EUR/USD up on prevailing risk

GBP/USD Price Analysis: Recapturing of 50-HMA critical for further recovery

On its road to recovery from near seven-week lows this Monday, GBP/USD cut through the horizontal 21-Simple Moving Average on the hourly chart (HMA) a

USD/JPY flirts with session lows, just below 106.00 mark

The USD/JPY pair remained depressed through the early North American session and was last seen hovering near the lower end of its daily trading range,

USD/JPY to turn bearish below 105.50

The greenback is weaker this Monday, with USD/JPY trading sub-106.00 as investors start the week with caution, ahead of the US Federal Reserve decisio

GBP/USD Must Retake 1.30 if Bulls are to Regain Control

The GBP/USD exchange rate sunk by 3.60% last week but is looking firmer at the time of writing on Monday. Analyst and technical forecaster Richard Perry at Hantec Markets says the technical configuration remains unhelpful for the bulls

GBP/USD could slip back to 1.2680 – UOB

In opinion of FX Strategists at UOB Group, Cable’s outlook remains weak and could drop to the 1.2680 region in the next weeks. Key Quotes 24-hour view

USD/CNH: A move to 6.80 is not ruled out yet – UOB

There is still scope for USD/CNH to slip back to the 6.80 area in the next weeks, according to FX Strategists at UOB Group. Key Quotes 24-hour view: “

NZD/USD pushes higher toward 0.6700 as USD struggles to find demand

The NZD/USD pair registered modest daily gains on Friday but closed the week modestly lower. With the market sentiment turning positive at the start o

AUD/USD now seen within 0.7200-0.7350 range – UOB

AUD/USD is forecasted to keep the consolidative mood likely between 0.7200 and 0.7350 in the next weeks, suggested FX Strategists at UOB Group. Key Qu

Dollar Edges Lower; Sterling Rebounds After Sharp Selloff

Dollar Edges Lower; Sterling Rebounds After Sharp Selloff

Govt weighs dropping debt condition in plan to sell Air India: Report

Despite the losses, the airline has some lucrative assets which include prized slots at London's choked Heathrow airport, a fleet of more than 100 planes and thousands of trained pilots and crew

Modi govt plans to drop condition that Air India buyer take on Rs 24,000 cr aircraft debt

Modi govt is being advised to drop the rule on concern it will deter buyers who will be allowed to bid on the enterprise value & not on the entity value.

India Weighs Dropping Debt Condition in Flag Carrier Sale

India is proposing to drop a condition that the winning bidder for Air India Ltd. will have to take on $3.3 billion of debt.

What is Marketing Automation Software & Market Overview ?

Marketing automation software systematizes marketing responsibilities, restructures marketing workflows, and assesses the consequences of marketing operations. The software offers a centralized marketing database for all marketing-related data and communications, allowing marketers to build categorized, customized, and appropriate marketing experiences for customers or prospects. These platforms also offer automation features across numerous facets of marketing including email, […]

How mobile marketing cloud technology helps businesses craft personalised and relevant customer communication

Marketing cloud technology offers an innovative and integrated suite of digital tools to help improve customer experience and business performance.

Milan-based scaleup iGenius launches its virtual data advisor ‘crystal’ in the US

Following 20 months of growth across Europe, iGenius, the creator of crystal.ai, a virtual advisor for business data, announced its expansion into the US. This market expansion coincides with the beta launch of crystal 2.0. As the CEO moves to the US and opens a New York City office, the company wil

Plan to build off-highway tyre plant in Vizag

Planned investment is $165 million

Ford invests around R138m in a new Silverton plant facility

Motor giant aims to double production to 200 000 units a year over the next three to four years.

Yokohama Rubber to build new off-highway tyre plant in Visakhapatnam

Planned capital investment is at $165 million

Banks banned from closing branches or removing cash machines without clearance

Unless customers are being treated fairly, banks will be banned from cutting any more branches or removing free cash machines under new rules announced by the City watchdog

Banks will need to analyse customers’ needs before closing branches, says FCA

Banks considering closing branches or ATMs will need to tell the City regulator before any final decision is made, so that it can monitor whether customers are being treated fairly.

Banks will need to analyse customers’ needs before closing branches, says FCA

Banks and building societies will need to provide an analysis of the needs of customers and any alternatives available before closing branches.

FCA sets access to cash expectations

The UK's Financial Conduct Authority has warned banks that every time they plan to close a branch or ATM they will need to provide an analysis of the impact on customers' access to cash.

HCL Tech expects better Q2 revenue than previous forecast

HCL Technologies on Monday said that it expects the revenue and the operating margin for the September quarter to be better than the top end of the guidance provided in July 2020

‘HCL-T July-Sept. revenue may be higher than expected’

Growth in excess of 3.5% estimated due to ‘strong execution’

Focusrite shares jump as lockdown home recordings boost revenue

Shares in Focusrite jumped after the audio firm reported “substantial” growth in revenue and profit during the coronavirus lockdown.

HCL Technologies shares jump 12%, hit 52-week high; IT major expects better revenue growth, orders

Information Technology giant HCL Technologies saw its share price gaining 12% on Monday morning as the stock hit a fresh 52-week high.

HCL Tech rallies 7%, hits record high after mid-quarter business update

The IT major further said the Ebit margin for the current quarter is expected to be between 20.5-21 per cent

HCL Technologies Hits Record High After Mid-Quarter Business Update

On Monday, shares of HCL Technologies rose over 6 percent to touch a record high of Rs 767.80 on BSE after the company released its mid-quarter business update. The company said that it expects the revenue and the operating margin for the current September-ended quarter to be meaningfully better than the top end of t

HCL Technologies shares jump 7% to hit 52-week high on strong Q2 update

The IT firm sees constant currency growth of over 3.5 percent QoQ and margin of 20.5-21 percent. It expects revenue and margin to be meaningfully better than the top end of the guidance.

India's oil import bill dips by two-third on fall in global prices: Pradhan

India's crude oil import bill fell to a third in the first four months of the current fiscal after international oil rates nosedived on demand evaporating, Petroleum Minister Dharmendra Pradhan said

Indian Oil expects gas oil, petrol sales to reach pre-COVID levels in H1 FY21

India's fuel demand in August slipped further and saw its biggest monthly decline since April, while petroleum consumption during April-July witnessed a weak growth of nearly 22.5%

Indian Oil Sees Petrol, Gasoil Sales At Pre-Pandemic Levels In First Half Of FY21

Indian Oil Corp, the country's top refiner, expects local demand for petrol and gasoil to reach pre-pandemic levels in the first half of next fiscal year beginning April 2021, Chairman SM Vaidya said on Monday. India, the world's third-biggest oil importer and consumer, has experienced a sharp decline in its fuel demand, mirroring a global trend following the coronavirus outbreak. India's fuel demand in August slipped further and saw its biggest monthly decline since April, while petroleum consumption during April-July witnessed a weak growth of nearly 22.5%.

India’s crude oil import bill fell to a third due to COVID-19: Petroleum Minister

"Covid-19 pandemic has resulted in an unprecedented fall in demand which in turn has reduced revenue consequent to lockdown imposed in the country."

IPL title sponsor Dream11 raises fresh funds from Tiger Global, others via primary, secondary deals

Dream11 competes with Mobile Premier League, HalaPlay, Ballebaazi, MyTeam11 in the fantasy gaming segment. The online gaming market size in India is expected to grow from around Rs 4,400 crore in FY 2018 to almost Rs 12,000 crore by FY 2023.

Dream11’s parent entity scoops up $225 Mn at an estimated valuation of $2.5 Bn

Dream11’s parent entity, Dream Sports, has secured $225 million in a mix of primary and secondary investment led by Tiger Global.

Tiger Global, others invest $225 mn in parent of IPL title sponsor Dream 11

Avendus Capital was the financial advisor in Series-E round that also saw participation from TPG Tech Adjacencies, ChrysCapital and Footpath Ventures

Dream11 Raises $225 Mn From Tiger Global, TPG Global And Others

Dream11’s parent company Dream Sports has raised $225 Mn from Tiger Global Management, TPG Global, Chrys Capital and others.

Dream11 Parent Secures 225 Million USD

The gaming Unicorn, Dream11 parent, has secured 225 million USD from Tiger Global, TGP, ChrysCapital, and other. It has recently won the IPL sponsorship.

Dream11 parent secures $225 million in fresh funding

Tiger Global, TPG, ChrysCapital and Footpath Ventures have made primary and secondary investment in Dream Sports.

Fantasy sports brand Dream11’s parent firm raises $225mn

"We have grown from one to many brands and from 200 Sportans (employees of Dream Sports) to 450 in the last two years."

Pledging of shares by promoters hits 3-year high in August: Report

Pledging of shares by promoters in the NSE-listed firms reached at 1.86% of the total market capitalisation in August, making it the highest in three years, according to a report by primeinfobase.com

Promoter share pledging among NSE cos at 3-year high; value of pledged shares now at Rs 2.77 lakh cr

In value terms, the pledged shares amount to Rs 2.77 lakh crore, adding almost Rs 1 lakh crore from the previous month.

Promoter share pledge at a 3-year high

New Delhi, Sep 14 (IANS) Pledging of shares by promoters in companies listed on NSE reached a three-year high of 1.86 per cent of total market capitalisation. The last time it was higher was on April 30, 2017 at 1.88 per cent, as per prime info base, an initiative of[Read More...]

Promoter share pledging hits 3-year high in August: Report

High pledge levels are typically not considered a good sign by the investors as a downturn in the market price can lead to invocation and change in management.

Once an American foe, now a friend: OPEC turns 60

In 1973, Arab members of the Organization of Petroleum Exporting Countries brought the US economy to its knees. Now, the cartel created 60 years ago is more likely to do Washington's bidding. Since Saudi Arabia and other Arab OPEC members imposed their famous oil embargo as retribution for US support for Israel during the Yom Kippur War, shifts in global politics and a surge in America's oil production have tamed the group.

Once an American foe, now a friend: OPEC turns 60

Shifts in global politics and a surge in America's oil production have transformed the group.

Once an American foe, now a friend: Opec turns 60

LONDON, Sept 14 — In 1973, Arab members of the Organisation of Petroleum Exporting Countries brought the US economy to its knees. Now, the cartel created 60 years ago is more likely to do Washington's bidding. Since Saudi Arabia and other Arab Opec members imposed their famous oil embargo as...

FDI inflow from China declines to $163.77 million in FY20: MoS Finance

There has been decline in foreign direct inflow from China in the last three years with FDI coming down to $163.77 million in 2019-20, Minister of State for Finance Anurag Singh Thakur informed Lok Sabha

FDI inflow from China declines to $163.77 million in FY20: Anurag Thakur

There has been decline in foreign direct inflow from China in the last three years with FDI coming down to $163.77 million in 2019-20, Anurag Singh Thakur informed Lok Sabha

FDI inflow from China declines to USD 163.77 million in FY20: Thakur

Giving details of the total foreign direct investment (FDI) inflow from Chinese companies in India, he said, it was USD 350.22 million in 2017-18, while it declined to USD 229 million in the following year.

FDI inflow from China declines to USD 163.77 million in FY20: Anurag Thakur

With regard to outflow from India, Minister of State for Finance Anurag Singh Thakur said, it was USD 20.63 million in calendar year 2020 as against USD 27.57 million in the corresponding period last year. To curb opportunistic takeovers or acquisitions of Indian companies due to the current COVID-19 pandemic, the government issued Press Note 3 earlier this year, he said.

Chinese investment in India falls 28.5% YoY to $163.77 million in FY20

FDI inflow from China has declined on an annual basis from $350.22 million in 2017-18 to $229 million in 2018-19 and further to $163.77 million in 2019-20

FDI inflow from China declines to $163.77 million in FY20: Anurag Singh Thakur

Giving details of the total foreign direct investment (FDI) inflow from Chinese companies in India, Minister of State for Finance Anurag Singh Thakur said, it was $350.22 million in 2017-18, while it declined to $229 million in the following year.

SBI General Insurance, YES Bank sign corporate agency agreement

New Delhi, Sep 14 (IANS) General insurer SBI General and private sector bank YES Bank have signed a Corporate Agency Agreement for the distribution of retail products of the insurance company for the bank’s corporate and retail customers. The products of SBI General Insurance Company will be offered to YES[Read More...]

ICICI Lombard General Insurance inks bancassurance tie up with YES Bank

Private sector general insurer ICICI Lombard General Insurance Company Ltd said it has entered into a bancassurance tie-up with Yes Bank for selling its insurance products

ICICI Lombard inks bancassurance tie up with Yes Bank

"The partnership will provide the bank's diverse customer base access to the insurer's portfolio and make insurance more accessible to its customers across India," ICICI Lombard General Insurance Company said in a regulatory filing.

ICICI Lombard General Insurance, YES Bank enter into bancassurance pact

ICICI Lombard General Insurance has entered into a bancassurance tie-up with private sector lender YES Bank.“The partnership will provide the bank’s diverse customer base access to the insurer’s portf

ICICI Lombard, Yes Bank shares rise as they enter into bancassurance tie-up

Through this tie-up, ICICI Lombard aims to offer innovative insurance solutions to YES BANK’s customers across 28 states and 8 Union Territories.

OTTs need no regulations: TRAI

The Telecom Regulatory Authority of India (TRAI) has recommended that over the top (OTT) players such as Facebook, Google, Viber and the likes require no regulations.“Market forces may be allowed to r

TRAI Says Time Not Right To Regulate Facebook, WhatsApp, Viber & Google

TRAI has ruled out the need to regulate communications apps or OTT platforms such as Facebook, WhatsApp, Viber and Google.

Trai rules out regulatory intervention for OTT services; COAI says issues left unaddressed

Regulator Trai on Monday ruled out any immediate regulatory intervention for OTT communication services like Whatsapp, Google Duo and Viber, and said time is not opportune to recommend a comprehensive regulatory framework for them -- dashing hopes of telcos that had been pushing for same rules to be applied to such players.

‘Regulatory set-up for OTT players not required now’

Matter being examined globally: TRAI

Not opportune time to suggest comprehensive regulatory framework for OTT services: TRAI

OTT services refer to applications and services that are accessible over the internet and ride on an operator's network. Skype, Viber, WhatsApp and Hike are some of the popular and widely-used OTT services.

Transformers and Rectifiers (India) reports Rs 3.6 crore loss for Q1

Transformers and Rectifiers (India) on Monday reported a consolidated net loss of Rs 3.6 crore for June quarter 2020-21 mainly due to lower revenues

PC Jeweller posts net loss of Rs 73.55 cr in Q1

PC Jeweller Ltd on Monday posted a consolidated net loss of Rs 73.55 crore for the first quarter of 2020-21 fiscal on a sharp fall in sales. The company had clocked a net profit of Rs 39.21 crore in t

Future Ret posts pre-tax loss of Rs 562 cr in Q1, revenue falls 74%

The weak results come amid the sale of retail assets of the Future group to Reliance in a nearly Rs 25,000-crore transaction, which was announced last month

HMT posts ₹43.81-crore loss in Q1

HMT Ltd’s losses have increased to ₹43.81 crore on a consolidated basis for the first-quarter (Q1) of FY 2020-21 as against the loss of ₹42.02 crore recorded in the same period last year.The company,

Raymond Q1 net loss widens to ₹247.60 crore

Raymond Ltd on Monday reported widening of its consolidated net loss to ₹247.60 crore in the first quarter ended June 2020, impacted by COVID-19 and subsequent lockdowns.The company had a net loss of

Apollo Hospitals reports Q1 pre-tax loss of Rs 267 cr, revenue down 16%

The chain's health care services and clinics were under pressure during the quarter, while pharmacy biz showed positive growth in revenue and profitability

Latest News | SAIL Reports over Rs 1,226 Cr Net Loss in Q1

Get latest articles and stories on Latest News at LatestLY. Domestic steel major SAIL on Monday posted a consolidated net loss of Rs 1,226.47 crore for the first quarter ended June 30, mainly on account of reduced income. Latest News | SAIL Reports over Rs 1,226 Cr Net Loss in Q1.

ITI loss widens to ₹102.29 crore in Q1

Our Bureau ITI's losses have doubled to ₹102.29 crore on a consolidated basis for the first-quarter of FY 2020-21 as against the loss of ₹61.04 crore recorded in the same period last year.The com

Latest News | NBCC Q1 Net Profit Down 80 Pc to Rs 10.28 Cr

Get latest articles and stories on Latest News at LatestLY. State-owned NBCC Ltd on Monday reported a 80 per cent decline in its consolidated net profit at Rs 10.28 crore for the quarter ended June. Latest News | NBCC Q1 Net Profit Down 80 Pc to Rs 10.28 Cr.

Latest News | Transformers and Rectifiers Reports Rs 3.6 Cr Loss for Q1

Get latest articles and stories on Latest News at LatestLY. Transformers and Rectifiers (India) on Monday reported a consolidated net loss of Rs 3.6 crore for June quarter 2020-21 mainly due to lower revenues. Latest News | Transformers and Rectifiers Reports Rs 3.6 Cr Loss for Q1.

SAIL reports over Rs 1,226 crore net loss in Q1 on lower sales

During the quarter under review, the company said its net profit declined to Rs 9,346.21 crore from Rs 14,998.20 crore in the April-June period of the preceding fiscal.

Hold Bhel; target of Rs 35: ICICI Direct

ICICI Direct recommended hold rating on Bhel with a target price of Rs 35 in its research report dated September 14, 2020.

NBCC Q1 net profit down 80% to Rs 10.28 crore

The company's net profit stood at Rs 51.46 crore in the year-ago period.

Bank credit grows by 5.49%, deposits by 10.92%: RBI data

In the fortnight ended August 30, 2019, banks’ advances were at Rs 96.80 lakh crore and deposits stood at Rs 127.80 lakh crore.

Sell BHEL; target of Rs 22: Motilal Oswal

Motilal Oswal is bearish on BHEL recommended sell rating on the stock with a target price of Rs 22 in its research report dated September 11, 2020.

Hold BHEL; target of Rs 34: Prabhudas Lilladher

Prabhudas Lilladher recommended Hold rating on BHEL with a target price of Rs 34 in its research report dated September 12, 2020.

HCL Tech Soars To Record High After IT Major Raises September Quarter Revenue Outlook

HCL Technologies (HCL Tech) said it expects its revenue and operating "to be meaningfully better than the top end" of the guidance provided in July 2020.

Nifty IT index rallies 3%; TCS, HCL Tech, Mindtree, Coforge hit fresh highs

Persistent Systems, Datamatics Global, Birlasoft, Mphasis, Firstsource Solutions, NIIT, Mastek, Ramco Systems and Quick Heal from the S&P BSE IT index were up between 5% and 11%

HCL Tech and Infosys hit record high in trade

IT index top sectoral gainer in the trade as HCL Tech revised Q2 guidance upwards; Infosys announced the acquisition of GuideVision.

HCL Tech share scales all-time high on strong guidance in Q2 update

HCL Tech stock has gained after 3 days of consecutive fall

TCS M-Cap Crosses Rs. 9 Trillion; Stock Hits Fresh 52-Week High

We believe TCS could see a decline in FY21E revenues mainly due to a weak first quarter. However, we expect the company to register healthy growth in FY22E mainly led by ramp up of deal pipeline and acceleration in digital technologies,said ICICI Securities .

Citibank gets nod to set up IFSC Banking Unit at GIFT City

Our BureauCitibank has received in-principle approval from Reserve Bank of India and GIFT SEZ Authority to set up an IFSC Banking Unit (IBU) at GIFT City, said an official statement.Citibank becomes t

Citibank gets in-principle nod to set up IFSC unit at GIFT City

Fourteen banks have set up their IBUs in GIFT IFSC, making the cumulative business in banking vertical cross USD 28 billion.

Citi to open banking unit at GIFT City; receives RBI's in-principle nod

An influential investor group demands the world's largest polluters to execute strategies for 'net-zero' carbon by 2050

NurPhoto/Getty Climate Action 100+ has demanded the world's largest greenhouse-gas emitters to execute 'net-zero' strategies by 2050 or earlie...

An influential investor group demands the world's largest polluters execute strategies for 'net-zero' carbon by 2050

NurPhoto/Getty Climate Action 100+ has demanded the world's largest greenhouse-gas emitters to execute "net-zero" strategies by 2050 or earlier.The group

Australia's top emitters told to draw net zero road map

Climate Action 100+ has written to the CEOs of Australia's top 12 emitters demanding they develop plans to reduce their carbon emissions to net zero.

SBI cuts interest rates on fixed deposits; check latest FD interest rates, revised changes here

The country's largest lender State Bank of India (SBI) has reduced interest rates on select tenors of fixed deposits with effect from 10 September.

Fixed deposits: SBI revises FD interest rates; here are the latest rates

For deposits maturing in 1 year to less than 2 years, the bank has slashed interest rates by 20 basis points. The proposed rates of interest shall be made applicable to fresh deposits and renewals of maturing deposits.

SBI revises fixed deposit rates; check out latest changes

State Bank of India (SBI) has revised interest rates offered on its fixed deposits (FD). The rates have been changed on select maturities for 1 year period to less than 2 year period

Saptagir, Jubilant in Remdesvir pact

Saptagir Laboratories has entered into an agreement with Jubilant Generics to manufacture intermediates and active pharmaceutical ingredient (API) for the intravenously-administered Remdesivir that h

Saptagir signs deal with Jubilant Generics to manufacture ‘Remdesivir’

Hyderabad: Hyderabad-based Saptagir Laboratories on Monday announced that it has signed an exclusive agreement with Jubilant Generics to manufacture

Saptagir Laboratories to manufacture Remdesivir for Jubilant Generics

Hyderabad-based company signs an exclusive agreement to make intermediates and bulk drugs for intravenous administered drug

Asian Development Bank appoints Takeo Konishi as Country Director for India

Konishi succeeds Kenichi Yokoyama who has taken over as Director-General of ADB's South Asia Department and will be based at ADB headquarter in Manila, ADB said in a release.

Takeo Konishi is ADB’s new Country Director for India

Will will lead ADB’s operations, policy dialogue with the government, other development partners in India

Asian Development Bank appoints Takeo Konishi as Country Director for India

Takeo Konishi has 22 years of professional experience, including almost two decades with ADB in many senior roles including as Country Director of Uzbekistan Resident Mission and Advisor in the Central and West Asia department.

ECB Confuses Markets As Lagarde Optimistic On Economy, Not Cautious On Euro

Market Overview Analysis by Investing.com (Darrell Delamaide/Investing.com) covering: EUR/USD, US Dollar Index Futures. Read Investing.com (Darrell Delamaide/Investing.com)'s latest article on Investi

EUR/USD to see further gains as markets are upbeat after a turbulent week

The world's most popular currency pair is trading around 1.1850, gaining ground in response to Thursday's decision by the European Central Bank (ECB)

US Dollar Index Price Analysis: Corrective downside could test 92.70

DXY is now adding to Friday’s losses near the 93.00 neighbourhood on the back of the continuation of the positive sentiment in the risk-associated spa

EUR/USD Price Analysis: Scope for a move to 1.1965 and above

EUR/USD extends the rebound from last week’s lows and flirts with 2-day highs in the 1.1870/80 band. Extra upside remains on the cards and initially t

EUR/JPY Price Analysis: Interim hurdle emerges at 126.46

EUR/JPY is alternating gains with losses below the 126.00 mark at the beginning of the week. Bulls need to surpass last week’s top near 126.50 (post-E

EUR/USD to confirm a resumption of the uptrend above 1.1930 – Credit Suisse

EUR/USD remains sidelined near-term and needs to clear 1.1930 to ease the threat of a top and reassert the underlying uptrend. Key support remains see

GBP/USD: The end of the dead cat bounce

GBP/USD is starting the week higher, up 0.32% to 1.2835, but Monday's 4-hour chart is pointing to further losses. The recent upside move looks like a

Pound Sterling Price News and Forecast: GBP/USD vulnerable for another fall

The GBP/USD pair built on its steady intraday positive move and refreshed daily tops, around mid-1.2800s during the early European session. The Briti

GBP/USD clings to recovery gains near session tops, around mid-1.2800s

The GBP/USD pair built on its steady intraday positive move and refreshed daily tops, around mid-1.2800s during the early European session. The Britis

Pound dogged by Brexit worries, yen looks to Abe successor vote

Pound dogged by Brexit worries, yen looks to Abe successor vote

Nvidia's Arm deal sparks quick backlash in chip industry

Nvidia's deal would put Arm under the control of a US-based combatant amid US-China tensions and as Beijing tries to ramp up a domestic semiconductor industry.

Nvidia’s ARM deal likely to spark huge chip industry backlash

Nvidia's $40-billion agreement to acquire ARM is likely to meet strong opposition from Nvidia's chip industry rivals, analysts say, with murmurs of protest already emerging in South Korea and China.

Nvidia acquisition of Arm throws company into tech spat between U.S. and China

Nvidia acquisition of Arm throws company into tech spat between U.S. and China

South Africa’s economy likely worse than forecast: Mboweni

Finance minister Tito Mboweni says that South Africa’s second-quarter contraction in GDP  is larger than expected by both the National Treasury and the Reserve Bank, which raises the risk that the actual GDP outcome for 2020 could be lower than previously thought by policymakers as well as the broader market.

Amid economic wreckage, Mboweni promises big structural reforms

South Africa's economy will likely contract this year by more than the 7% previously forecast by the treasury, Finance Minister Tito Mboweni said in an opinion piece published on Sunday.

South African economy to shrink by more than govt’s 7% forecast in 2020 -Mboweni

JOHANNESBURG (Reuters) – South Africa’s economy will likely contract this [...]

South African finances ‘dangerously overstretched,’ Mboweni says

Country's future economic prospects threatened.

Daily money transfers via mobile payment apps up 20% in H1 amid pandemic

The value of daily money transfers via mobile payment apps in South Korea rose 20.3 percent in the first half from six months earlier as online financial transactions increased amid the new coronavirus outbreak, central bank data showed Monday. The value of daily money transfers via smartphone apps, such as Toss, Naver Pay and KakaoPay, stood at 322.6 billion won ($272.3 million) in the January-June period, compared...

Credit card firms' H1 net up 19% on increased profit from loans

South Korea's credit card companies saw their combined earnings rise in the first half of the year from a year earlier due to increased profits from card loans, data showed Monday. The combined net profit of eight card issuers, including Shinhan Card Co., Samsung Card Co. and KB Kookmin Card Co., came to 1.11 trillion won ($937 million) in the January-June period, up 18.9 percent from a year earlier, according to th...

JazzCash Crosses 9 Million Monthly Active Users!

ISLAMABAD, Pakistan: JazzCash, Pakistan’s number 1 mobile account, is now serving more than nine million monthly active users. This is the fastest 1 million monthly active customers addition that JazzCash has witnessed so far. JazzCash is now processing over Rs 7 billion worth of transactions on a daily basis experiencing YTD growth of 50% in the number of transactions and 60% growth in value as compared to the same period last year. A press release issued on Monday said that we thank our customers for their trust in using JazzCash mobile account which has resulted in this growth during a year affected by a global pandemic. JazzCash has become the preferred platform for digital financial services, spearheading our journey to increase nationwide financial inclusion in Pakistan.

Neemuchwala joins U.S. VC firm Dallas Venture

DVP may invest up to $500 mn in India

Conductive VC raises $150 million for (mostly) enterprise software and hardware startups

Conductive Ventures has raised $150 million for its second venture capital fund, with a focus on enterprise software and hardware companies.

Danish scaleup Keepit breaks record with its first round of €25.3 million

Keepit, an innovative challenger to the traditional backup providers, has closed its first ever round of approx. €25.3 million from growth investor One Peak, with the goal of increasing momentum both in Europe and the US. The round is the single largest SaaS investment in a bootstrapped company in t

Airbus CEO warns of compulsory layoffs, says letter

TOULOUSE, Sept 14 — The chief executive of European planemaker Airbus has warned staff it may have to carry out compulsory layoffs after air travel failed to recover as quickly as anticipated from the coronavirus crisis, a letter seen by Reuters showed. “I owe it to you to be transparent:...

Airbus CEO warns of compulsory layoffs as airline crisis deepens

Airbus CEO warns of compulsory layoffs as airline crisis deepens

Airbus CEO Guillaume Faury warns of compulsory layoffs as airline crisis deepens

Airbus has repeatedly warned that the outlook is uncertain as the industry's worst crisis hits aircraft deliveries and severely weakens airline finances.

Sebi seeks clarification on Kalyan Jewellers IPO

Sebi seeks clarification on Kalyan Jewellers IPO

The proposed IPO comprises issuance of fresh equity aggregating up to Rs 1,000 crore and an offer for sale (OFS) worth Rs 750 crore, according to the Draft Red Herring Prospectus (DRHP).

Indiabulls Housing raises Rs 1,205 cr via QIP, stake sale in OakNorth

The non-banking finance company (NBFC) has raised Rs 682.87 crore through the QIP and Rs 522 crore from the partial stake sale

Sebi seeks clarification on Kalyan Jewellers IPO

Kalyan Jewellers' promoter T S Kalyanaraman would be offloading shares worth up to Rs 250 crore, while Highdell Investment Ltd would sell up to Rs 500 crore worth of shares through the OFS route.

Grains higher, livestock mixed

Grain futures were higher on Monday in early trading on the Chicago Board of Trade. Wheat for Sept. gained .032 cent at $5.4620 a bushel; Sept. corn rose .0360 cent at $3.64 a bushel; Dec. oats was up .01 cent at $2.72 a bushel; while Sept. soybeans advanced .054 cent at 10.02 a bushel. Beef …

Grains higher, livestock mixed

Grain futures were higher on Monday in early trading on the Chicago Board of Trade. Wheat for Sept. gained .032 cent at $5.4620 a bushel; Sept. corn rose .0360 cent at $3.64 a bushel; Dec. oats was up .01 cent at $2.72 a bushel; while Sept. soybeans advanced .054 cent at 10.02 a bushel.

Soybean investors continue to buy Monday

Investors will be eyeing any changes in today's Crop Progress Report.

GRAINS-Soybeans rise above $10 a bushel on Chinese demand

SYDNEY, Sept 14 (Reuters) - U.S. soybean futures rose above $10 a bushel on Monday as strong demand from China, the world's largest importer, underpinned the market.FUNDAMENTALS

Matchesfashion Adds to Senior Leadership Team

The retailer has named Sean Glithero as its new chief financial officer and Jason Weston, a former Amazon exec, as chief operating officer.

Monex Europe Co-Founder Will Tracey Joins Ballinger & Co.

Ballinger & Co. has announced the appointment of Will Tracey, the co-founder and former group sales director of Monex Europe, as its new executive chairman.

US Bank’s CDO leaves for Google after a brief stint

US Bank is losing its chief digital officer to Google just over a year after he joined the bank.

Banks' NPAs in large industry, services fall 31 pc in over two years to Rs 4.36 lakh cr

Banks' non-performing assets in large industry and services declined 31 per cent in over two years to about Rs 4.36 lakh crore in June this year, Parliament was informed on Monday.

Banks' NPAs in large industry, services dip 31% in over 2 yrs to Rs 4.3 trn

Banks' non-performing assets in large industry and services declined 31 per cent in over two years to about Rs 4.36 trillion in June this year, Parliament was informed on Monday

Banks' NPAs in large industry, services fall 31% in over two years to Rs 4.36 lakh crore

"As per Reserve Bank of India (RBI) data on domestic operations, NPAs of scheduled commercial banks pertaining to large industry and services have come down to Rs 4,36,492 crore as on June 30, 2020 (provisional) from Rs 6,35,971 crore as on March 31, 2018, registering a decline of 31 per cent," Thakur said in a written reply to the Lok Sabha.

Banks' NPAs in large industry, services fall 31% in over two years to Rs 4.36 lakh crore

Banks' non-performing assets in large industry and services declined 31 percent in over two years to about Rs 4.36 lakh crore in June this year, Parliament was informed on Monday.

GST compensation due to states at Rs 1.51 lakh cr, Maharashtra leads

The GST collection during April-August declined on account of COVID-19 induced lockdown, and the compensation due to states stands at over Rs 1.51 lakh crore, Minister of State for Finance Anurag Singh Thakur said on Monday.

GST compensation due to states at Rs 1.51 lakh crore, Maharashtra leads

The provisional GST compensation due to states/UTs for 2020-21 was highest for Maharashtra at Rs 22,485 crore, followed by Karnataka (Rs 13,763 crore), Uttar Pradesh (Rs 11,742 crore), Gujarat (Rs 11,563 crore) and Tamil Nadu (Rs 11,269 crore).

GST compensation due to states at Rs 1.51 trillion, Maharashtra owed most

The GST collection during April-August declined on account of COVID-19 induced lockdown, and the compensation due to states stands at over Rs 1.51 trillion, MoS for Finance Anurag Singh Thakur said

₹1.51 lakh crore GST compensation due to States, Maharashtra leads

The GST collection during April-August declined on account of COVID-19 induced lockdown, and the compensation due to states stands at over ₹1.51 lakh crore, Minister of State for Finance Anurag Singh

Nearly a quarter of bars, pubs and clubs yet to reopen after lockdown

The latest market recovery report by CGA and AlixPartners has shown that nearly 27,000 licensed premises are yet to reopen.

Nearly a quarter of bars, pubs and clubs yet to reopen after lockdown

The latest market recovery report by CGA and AlixPartners has shown that nearly 27,000 licensed premises are yet to reopen.

Nearly a quarter of bars, pubs and clubs yet to reopen after lockdown

The latest market recovery report by CGA and AlixPartners has shown that nearly 27,000 licensed premises are yet to reopen.

20 CPSEs, units in pipeline for strategic sale: MoS for Finance Anurag Singh Thakur

The CPSEs which are under consideration for closure/ under litigation are Hindustan Fluorocarbon Ltd (HFL), Scooters India, Bharat Pumps & Compressors Ltd, Hindustan Prefab, Hindustan Newsprint, and Karnataka Antibiotics & Pharmaceuticals Ltd.

20 CPSEs, their units in pipeline for strategic sale: Finance Ministry

As many as 20 CPSEs and their units are at various stages of strategic disinvestment, while six are being considered for closure or are under litigation, MoS for Finance Anurag Singh Thakur said

20 CPSEs, their units in pipeline for strategic sale: MoS Finance

MoS Finance Anurag Singh Thakur said the govt has 'in principle' approved strategic disinvestment in 34 cases since 2016, out of which strategic disinvestment in 8 cases has been completed, 6 CPSEs are under consideration for closure and litigation, and remaining 20 transactions are at various stages

This Week: FedEx earns, Fed policy statement, housing starts

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

This Week: FedEx earns, Fed policy statement, housing starts

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

This Week: FedEx earns, Fed policy statement, housing starts

A look at some of the key business events and economic indicators upcoming this week: DELIVER THIS Wall Street expects that FedEx’s latest quarterly report card will show mixed results. Analysts predict the package delivery company will report Tuesday that its fiscal first-quarter earnings declined from a year earlier, even as revenue rose. FedEx has …

COVID-19 effect: No formal study yet, but indications of major revenue loss, says tourism ministry

In a written reply in Lok Sabha, Tourism Minister Prahlad Patel said due to the fact that the sector is largely unorganised, the impact can be assessed only in due course.

Tourism Ministry Says Indications Of "Massive" Revenue Loss Due To COVID-19

The Ministry of Tourism informed the Parliament today while no formal study has been conducted to assess the impact of the COVID-19 pandemic on the tourism sector, discussions with stakeholders have indicated that the sector has suffered a massive loss in revenue.

No formal study yet, but indications of major revenue loss, says Tourism Ministry

In a written reply in Lok Sabha, Tourism Minister Prahlad Patel said due to the fact that the sector is largely unorganised, the impact can be assessed only in due course.

GST compensation cess: 13 states decide, 12 opt for 1st option

GST compensation cess: 13 states decide, 12 opt for 1st option

GST compensation cess: 13 states decide, 12 opt for 1st option

New Delhi, Sep 13 : A total of 13 states have so far decided on their borrowing options to meet their GST compensation shortfall and almost all have

GST compensation cess: 13 states decide, 12 opt for 1st option

                New Delhi, Sep 13, 2020- A total of 13 states have so far decided on their borrowing options to meet their GST compensation shortfall and almost all have decided to go for the first option proposed by the Centre, source said. Out of the 13, 12 states have opted for the first option, under which […]

13 States Submit Borrowing Option to Centre to Fund GST Shortfall

Out of the 13, 12 states have opted for the first option, under which the Union government has offered states that they could borrow the shortfall arising out of GST implementation, estimated at Rs 97,000 crore approximately.

Govt plans electric boost to India's kitchens as 'cheaper' option for cooking

The government has envisaged power foundation to be formed at the Ministry level, the objectives of which include cooking to completely run on electricity, said Union power minister RK Singh

Govt to give major push for ‘electricity for cooking’: Minister

New Delhi, Sep 13 : Union Power Minister R.K. Singh on Sunday said that the government is aiming to push electricity for cooking in a big way, in a bid to

India plans electricity push for cooking

Shift to induction cooking will not only help energy security efforts and improve energy access, but will also generate fresh demand for electricity

Govt plans to leverage power for cooking needs of poor: R K Singh

The minister said that power will provide poor strata of the society a cheaper option for their day to day requirement

Petrol And Diesel Prices In Bhubaneswar Fall Down On Monday

On Monday, petrol recorded Rs 82.27/L while diesel recorded Rs 79.18/L in Bhubaneswar.The declining trend in the fuel prices is believed to bring a smile on the faces of customers.petrol price in bhubaneswar,diesel price in bhubaneswar,diesel price in bhubaneswar today,petrol price on 14th september,nation,national news,business,business news,kalingatv,kalinga tv,Petrol price,Petrol price Bhubaneswar,Petrol price Cuttack,Petrol price in Odisha,Petrol price in India, Petrol price in Mumbai,Petrol price today

Petrol, Diesel Prices Slashed By Up To 16 Paise Across Metros

State-owned oil marketing companies on Monday revised prices of the two auto fuels across the metro cities. As per the notification from Indian Oil Corporation, petrol and diesel prices were slashed between 13 paise to 16 paise respectively. In Delhi, petrol rates were cut by 14 paise bring down the price to Rs. 81.72 per litre from Rs. 81.86 per litre. The prices of diesel were also slashed to Rs. 72.78 per litre, after a revision of 15 paise. Both the auto fuels remained untouched on Sunday after receiving a price cut on Saturday.

Diesel Prices Continue To Fall Down Whereas Petrol Remains Constant In Bhubaneswar

Diesel prices falls down again in smart city Bhubaneswar, today. Petrol prices remains constant though.On Sunday, petrol recorded Rs 82.41/L while diesel recorded 79.35/L.petrol price,petrol price bhubaneswar,petrol price cuttack,petrol price on 13th september,nation,national news,business,business news,kalingatv,kalinga tv,Petrol price,Petrol price Bhubaneswar,Petrol price Cuttack,Petrol price in Odisha,Petrol price in India, Petrol price in Mumbai,Petrol price today

Gold Prices Remain Constant In Bhubaneswar On Monday

The prices of gold held still in Odisha's capital city of Bhubaneswar, for the last 24 hours. As on Monday, the gold prices for 24 carats/10 grams recorded Rs 53,350 while 22 carats/10 grams recorded as Rs 48,910.gold price today,gold rate today,gold price on 14th september,nation,national news,business,business news,kalingatv,kalinga tv,gold prices india,gold prices in india,gold price today in cuttack,gold price today in odisha,gold price in bhubaneswar,gold rate in bhubaneswar,gold rate 22k,gold price today in cuttack

Gold price today at Rs 54,390 per 10 gm, silver trends at Rs 67,900 a kg

In New Delhi, the price of 22-carat gold remained at Rs 49,860 per 10 gm, and in Chennai, it jumped to Rs 48,910

UK Mobile Point of Sale App & Payment Aggregator KodyPay Secures  £1.8 Million Though Latest Seed Funding Round

Click HERE to find out ⭐ UK Mobile Point of Sale App & Payment Aggregator KodyPay Secures  £1.8 Million Though Latest Seed Funding Round. | Crowdfund Insider: Global Fintech News, including Crowdfunding, Blockchain and more.

UAE’s Buy Now Pay Later Fintech Spotii to Support Business Growth with Microsoft AppSource by using its Network to Co-Market Services

UAE's Buy Now Pay Later Fintech Spotii to support business growth with Microsoft AppSource by using its network to co-market services.

Polish e-commerce giant Allegro files for IPO, seeks to raise €225 million at a reported $10 billion+ valuation

Polish ecommerce platform Allegro has filed for an IPO, with plans to raise 1 billion zlotys (€225 million) and debut on the Warsaw Stock Exchange. FT reports that advisers are targeting a valuation of between €10 billion and €12 billion. The offering will enable the group to repay part of its outstanding debt. Other reasons […]

Switzerland’s Credit Suisse to Introduce App-only Banking Services to Compete with Fintech Challengers

Credit Suisse Plans New "CSX" Digital Banking Offering Switzerland’s Credit Suisse, a global wealth manager, has revealed that it will be introducing an app-only banking service, in order to compete with challenger banks. At the end of October 2020, Credit Suisse will launch "CSX" and "CSX Young" to enable clients to conduct all of their banking business by smartphone. CSX is said to combine the expertise and experience of Credit Suisse with the user-friendliness of

Happiest Minds IPO allotment status: how to check status online

Happiest Minds IPO allotment status: The Happiest Minds IPO received bids for over 351 crore equity shares against its offer size of over 2.32 crore shares, the data available on the stock exchanges showed. Here's how you can check your allotment status.

77-year-old IT entrepreneur's start-up hits IPO jackpot

Happiest Minds' shares were sold in a price range of Rs 165-166 ($2.3) apiece. Soota raised Rs 140 crore by selling part of his stake. The shares are likely to begin trading next

Happiest Minds Technologies IPO may list on September 17: Check allotment status here

The Rs 702-crore public issue was subscribed 150.98 times, making it the eighth biggest IPO of the last decade.

Ashoka Buildcon wins Rs 1,390 cr highway projects in Bihar from NHAI

Ashoka Buildcon on Monday said it has bagged two highway projects worth Rs 1,390 crore in Bihar from National Highways Authority of India

Latest News | Ashoka Buildcon Wins Rs 1,390 Cr Highway Projs in Bihar from NHAI

Get latest articles and stories on Latest News at LatestLY. Ashoka Buildcon on Monday said it has bagged two highway projects worth Rs 1,390 crore in Bihar from National Highways Authority of India (NHAI). Latest News | Ashoka Buildcon Wins Rs 1,390 Cr Highway Projs in Bihar from NHAI.

Ashoka Buildcon wins Rs 1,390 crore highway projects in Bihar from NHAI

Both the projects will be executed under EPC (engineering, procurement and construction) mode under Bharat Pariyojna phase 1.

Why Inovio Pharmaceuticals Stock Is Jumping Today

No news is good news for this biotech company.

Stock Market Bubble: Are Stocks Too Expensive Right Now?

Simply put, the stock market has gone wild. It's important to factor that into your investment planning.

Chart Of The Day: NASDAQ 100 On A Knife's Edge

Stocks Analysis by Investing.com (Pinchas Cohen/Investing.com) covering: Nasdaq 100, Oracle Corporation, Pfizer Inc, NASDAQ Futures. Read Investing.com (Pinchas Cohen/Investing.com)'s latest article o

Assistant Manager Corporate International Tax

For one of our clients, a leading fiduciary company based in Geneva, we are looking for an : ASSISTANT MANAGER CORPORATE INTERNATIONAL TAX Job description Support international clients in all tax

Assistant Manager Corporate Tax

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Senior Compliance Officer

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Global Plastic Compounding Market: Key Players and Production Information Analysis

The Infinium Global Research analyzes the Plastic Compounding Market over the period of 2019 to 2025. This report also provides detailed qualitative and quantitative analyses of the market dynamics, market size and future trends in global plastic compounding market. It will help a lot of decision makers to develop strategies and find new opportunities in […]

Global Lignosulphonates Market Estimated to Expand at a Robust CAGR over 2025

The Infinium Global Research analyzes the Lignosulphonates Market over the period of 2019 to 2025. This report also provides detailed qualitative and quantitative analyses of the market dynamics, market size and future trends in global lignosulphonates market. It will help a lot of decision makers to develop strategies and find new opportunities in the global […]

Edible Cutlery MARKET Market 2020: key Vendors, Trends, Analysis, Segmentation, Forecast to 2027

Facto Market Insights (FMI) is one of the leading market research analyst incorporated its latest research subject title “Edible Cutlery MARKET– 2020 – 2027 to its diverse bouquet of market research reports. With in depth study it provides bulls eye analysis of market drivers, its challenges, opportunity trends along with various key analytical insights. In […]

Emergency Power Generator Market: Industry Analysis, Trend, Growth, Opportunity, Forecast 2020-2027 | Players like American Honda Motor, Clarke Generation, Duracell

Even the New Report “Emergency Power Generator Market” printed by Introspective Market Research, insures the industry landscape and its development prospects over the next several years. The report has a discussion of the vendors operating within this marketplace. Even a synopsis of this Market’s situation is introduced within this report. It’s a huge data allied […]

Wood Pallet Market: Intelligence Study on Transformation 2025

Global Wood Pallet market Research Report 2020, presented by Acquire Market Research will help you take informed decisions, know opportunities, plan new projects, plan effective business strategies, explore drivers and restraints and give you a vision on the industry forecast. The report provides the latest information on the present and the future industry trends, allowing […]

Vehicle License Plate Recognition System (VLPR) Market Expand Their Businesses Worldwide to (2020-2025)

Global Vehicle License Plate Recognition System (VLPR) market Research Report 2020, presented by Acquire Market Research will help you take informed decisions, know opportunities, plan new projects, plan effective business strategies, explore drivers and restraints and give you a vision on the industry forecast. The report provides the latest information on the present and the […]

Virtual Private Network (VPN) Products Market SWOT Analysis by Eminent Players | 2020-2025

Global Virtual Private Network (VPN) Products market Research Report 2020, presented by Acquire Market Research will help you take informed decisions, know opportunities, plan new projects, plan effective business strategies, explore drivers and restraints and give you a vision on the industry forecast. The report provides the latest information on the present and the future […]

Dry Ice Blasting Machine Market Analysis by Market Size, Market Status, Market Share, Growth with Top key players, and Forecasts to 2025

This Dry Ice Blasting Machine Market Research report gives an entire notion of acquisitions and acquisitions predicated present international marketplace scenarios, current improvements, product launches, joint ventures, ability, manufacturing value and assorted market tendencies. Market research reports assist businesses make better decisions, and thus handling the advertising of services and products. This record is most […]

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Diacylglycerol kinases (DGKs) Market Research 2020: Currently Trending Market Strategies of Production and Applications by 2025

Global Diacylglycerol kinases (DGKs) Market comprehensive analysis of the business models, key ways, and individual market shares of a number of the foremost outstanding players throughout this landscape. AN in-depth statement on the key influencing factors, market statistics in terms of revenues, segment-wise information, region-wise information, and country-wise information area unit offered at intervals the […]

Hypromellose Phthalate Market Research 2020: Currently Trending Market Strategies of Production and Applications by 2025

Global Hypromellose Phthalate Market comprehensive analysis of the business models, key ways, and individual market shares of a number of the foremost outstanding players throughout this landscape. AN in-depth statement on the key influencing factors, market statistics in terms of revenues, segment-wise information, region-wise information, and country-wise information area unit offered at intervals the complete […]

Tertiary Amyl Methyl Ether Market Research 2020: Currently Trending Market Strategies of Production and Applications by 2025

Global Tertiary Amyl Methyl Ether Market comprehensive analysis of the business models, key ways, and individual market shares of a number of the foremost outstanding players throughout this landscape. AN in-depth statement on the key influencing factors, market statistics in terms of revenues, segment-wise information, region-wise information, and country-wise information area unit offered at intervals […]

High Performance Epoxy Market Research 2020: Currently Trending Market Strategies of Production and Applications by 2025

Global High Performance Epoxy Market comprehensive analysis of the business models, key ways, and individual market shares of a number of the foremost outstanding players throughout this landscape. AN in-depth statement on the key influencing factors, market statistics in terms of revenues, segment-wise information, region-wise information, and country-wise information area unit offered at intervals the […]

N-Propyl Acetate Market Research 2020: Currently Trending Market Strategies of Production and Applications by 2025

Global N-Propyl Acetate Market comprehensive analysis of the business models, key ways, and individual market shares of a number of the foremost outstanding players throughout this landscape. AN in-depth statement on the key influencing factors, market statistics in terms of revenues, segment-wise information, region-wise information, and country-wise information area unit offered at intervals the complete […]

Calcium Benzoate Market Research 2020: Currently Trending Market Strategies of Production and Applications by 2025

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Global Blood Warmer Devices Market to Reflect a Modest CAGR of 5.0% Throughout 2017-2026

The latest report compiled by Future Market Insights (FMI) provides insights and segment-wise analysis on the global blood warmer devices market. The report titled ‘Blood Warmer Devices Market: Global Industry Analysis 2012-2016 & Opportunity Assessment 2017-2026,’ also offers detailed analysis on the factors contributing towards the market growth. The primary objective of the report is […]

Diethylene Glycol Methyl Ethyl Ethe Market Research 2020: Currently Trending Market Strategies of Production and Applications by 2025

Global Diethylene Glycol Methyl Ethyl Ethe Market comprehensive analysis of the business models, key ways, and individual market shares of a number of the foremost outstanding players throughout this landscape. AN in-depth statement on the key influencing factors, market statistics in terms of revenues, segment-wise information, region-wise information, and country-wise information area unit offered at […]

Micro Data Center Market Insights, Trends, Opportunity & Forecast (Includes Business Impact of COVID-19)

  ICT TECHNOLOGY KD market Insights provides a forecast for global Micro Data Center  Market between 2020 and 2025. In terms of value, market is going to register a 5.2% CAGR during the forecast years. The provided research provides the market trends and dynamics across seven regions: North America, Latin America, Europe, APAC and Middle […]

Contact Adhesives Market – Global Industry Analysis & Forecast to 2027

A Qualitative Research Study done by Crystal Market Research on Global Contact Adhesives Market report provisions current and forthcoming trends that are outlined to determine the overall attractiveness and to single out profitable Contact Adhesives trends to gain a stronger position in Industry anticipated to reflect a positive growth trend in upcoming years as well. […]

Future Market Insights Presents Self-testing Market Growth Projections in a Revised Study Based on COVID-19 Impact

A recent market study published by Future Market Insights (FMI) offers global industry analysis for 2015–2019 and forecast for 2020–2030. The study also offers a comprehensive assessment of the most important market dynamics. After conducting thorough research on the historical as well as current growth parameters of the Self-testing market, the growth prospects of the […]

Pos Restaurant Management Systems Market Insights, Trends, Opportunity & Forecast (Includes Business Impact of COVID-19)

ICT Technology KD market Insights provides a forecast for global Pos Restaurant Management Systems  Market between 2020 and 2025. In terms of value, market is going to register a 5.2% CAGR during the forecast years. The provided research provides the market trends and dynamics across seven regions: North America, Latin America, Europe, APAC and Middle […]

Polyphenols Market 2020 Industry Size, Share, Opportunities, Revenue and Growth Rate Through 2027

CMR has published a new report titled, Polyphenols market. The base year considered for the study is Polyphenols and forecast considered by 2020, which is an addition to its extensive database. To aid clients to develop their effective approaches for growth, our up coming general market trends study on the Global Polyphenols Market 2020-2027,Research Report […]

Liquid Lenses Market Projected to Experience Major Revenue Boost during the Forecast Period

CMR has published a new report titled, Liquid Lenses market. The base year considered for the study is Liquid Lenses and forecast considered by 2020, which is an addition to its extensive database. To aid clients to develop their effective approaches for growth, our up coming general market trends study on the Global Liquid Lenses […]

Location Based Marketing Services Market Insights, Trends, Growth & Forecast Analysis 2020-2025

KD market Insights provides a forecast for global Location Based Marketing Services Market between 2020 and 2025. In terms of value, market is going to register a 5.2 % CAGR during the forecast years. The provided research provides the market trends and dynamics across seven regions: North America, Latin America, Europe, APAC and Middle East […]

Mixed Reality Gaming Market Insights, Trends, Growth & Forecast Analysis 2020-2025

KD market Insights provides a forecast for global Mixed Reality Gaming Market between 2020 and 2025. In terms of value, market is going to register a 5.2 % CAGR during the forecast years. The provided research provides the market trends and dynamics across seven regions: North America, Latin America, Europe, APAC and Middle East & […]

Media Monitoring Tools Market Insights, Trends, Growth & Forecast Analysis 2020-2025

KD market Insights provides a forecast for global Media Monitoring Tools Market between 2020 and 2025. In terms of value, market is going to register a 5.2 % CAGR during the forecast years. The provided research provides the market trends and dynamics across seven regions: North America, Latin America, Europe, APAC and Middle East & […]

Average US gas price edges up 2 pennies to $2.26 per gallon

CAMARILLO, Calif. — The average U.S. price of regular-grade gasoline edged up about 2 cents over the past two weeks to $2.26 per gallon.

Average US gas price edges up 2 pennies to $2.26 per gallon

CAMARILLO, Calif. (AP) — The average U.S. price of regular-grade gasoline edged up about 2 cents over the past two weeks to $2.26 per gallon. That’s 37 cents below the average pump price from a year ago. Industry analyst Trilby...

Average US gas price edges up 2 pennies to $2.26 per gallon

The average U.S. price of regular-grade gasoline edged up about 2 cents over the past two weeks to $2.26 per gallon.

Investors that manage US$47tn demand world’s biggest polluters back plan for net-zero emissions

Climate Action 100+ group put 161 fossil fuel, mining, transport and other big-emitting companies on notice in latest campaign by shareholders

Investor group issues AGM warning to climate net-zero laggards

LONDON, Sept 14 — A leading investor group has written to the boards of the world's biggest corporate emitters of greenhouse gases, warning they must produce a strategy to move their business to net-zero carbon emissions or face pressure at future AGMs. Climate Action 100+, whose members include...

Americans are spending more on vinyl records than CDs for the first time since the 1980s

Revenue from LP and EP record sales was nearly 80% higher than for CD sales, data shows, while streaming services continue to grow.

Vinyl records outsell CDs in US for first time since 1980s

Report on first half of 2020 finds that vinyl makes up 62% of physical music revenue

Mnuchin: Now is not the time to worry about deficits

Treasury Secretary Steven Mnuchin on Monday said the country should not be focused on deficits as it struggles under the economic weight of the COVID-19 pandemic.

'Now is not the time to worry' about the fiscal deficit or the Fed's balance sheet, Mnuchin says

Treasury Secretary Steven Mnuchin told CNBC that lawmakers should not allow fears over deficits to delay additional Covid-19 relief.

Governments must finance economic recovery, European Central Bank chief says

ECB has eased monetary policy several times this year, Lagarde says, but individual EU countries will have to continue spending heavily

ECB's Lagarde shifts burden to governments to aid recovery

Euro zone governments must keep spending heavily to keep unemployment down and bolster confidence while the bloc recovers from an historic ...

Oracle leaps 10% after reportedly winning partnership bid for TikTok's US operations

Microsoft was Oracle's biggest rival in the race for a deal, but the firm said Sunday it wasn't selected by TikTok-parent ByteDance for a partnership.

Oracle leaps 10% after reportedly winning partnership bid for TikTok's US operations

Oracle president Mark Hurd delivers a keynote address at the company's 2013 conference. Justin Sullivan/Getty Images Oracle jumped as much as 1...

Retrenched SIA Group staff offered more than 200 jobs by EtonHouse, Jumbo Group and Commonwealth Capital

SINGAPORE: Singapore investment firm Commonwealth Capital and seafood restaurant Jumbo Group have come forward to offer jobs to recently ...

Seafood restaurant chain Jumbo Group and investment firm offering 100 job roles to retrenched Singapore Airlines workers

SINGAPORE, Sept 14 — Seafood restaurant chain Jumbo Group and investment firm Commonwealth Capital have 50 job openings each for retrenched Singapore Airlines (SIA) employees, Trade and Industry Minister Chan Chun Sing revealed today. Separately, the Restaurant Association of Singapore is also...

TikTok exceeds 100 million monthly users in Europe as US sale deadline looms

Europe will become TikTok's key market if it's banned in the US this week.

TikTok exceeds 100 million monthly users in Europe as US sale deadline looms

TikTok's most senior European exec, Rich Waterworth ByteDance/TikTok Video app TikTok said on Monday it had surpassed 100 million monthly users in

The plan to save JCPenney — Fidelity salaries — Big 4 hiring plans

The top finance stories for September 14, including the news on the plans to save JCPenney and salaries at Fidelity.

The plan to save JCPenney — Fidelity salaries — Big 4 hiring plans

The top finance stories for September 14, including the news on the plans to save JCPenney and salaries at Fidelity.

Innovation Inc: The CEOs of Chewy and Honeywell talk digital transformation

Honeywell's Darius Adamczyk and Chewy's Sumit Singh are both using emerging tech to drive operational and cultural change at their organizations.

Innovation Inc: The CEOs of Chewy and Honeywell talk digital transformation

Business Insider Chewy CEO Sumit Singh Chewy Chewy and Honeywell. At first glance, the two companies couldn't be more different. One specializes in

Walmart says it's still in talks with TikTok as an Oracle deal moves forward

Walmart, which had been working with Microsoft on a TikTok bid, says it's still interested in investing in the video app.

Walmart still interested in TikTok deal despite Microsoft’s rejection

Walmart says it is still pursuing a deal with TikTok even though its bidding partner, Microsoft, is out of the race to acquire the popular app. America’s biggest retailer confirmed its continued

SoftBank sets price in telco stake sale worth US$11.7 billion

TOKYO: SoftBank Group Corp said on Monday it set the offering price for the sale of shares in wireless carrier SoftBank Corp at 1,204.50 yen per ...

SoftBank to Raise $10.4 Billion in Sale of Wireless Unit Stock

SoftBank Group Corp. will raise about 1.2 trillion yen ($10.4 billion) from selling about a third of its domestic wireless arm, marking Japan’s biggest secondary share sale in a decade.

Embattled SoftBank renews talks on taking the group private: Report

The discussions are driven by frustrations over the persistent discount in SoftBank's equity valuation compared with the value of its individual holdings

South Korea government, Samsung team up for self-sufficiency after Japan export curbs on chip material

DAEJEON, South Korea: When the South Korea government unveiled an expanded semiconductor material testing facility last month, the centrepiece was ...

South Korea government, Samsung team up after Japan's export curbs on chip material

While industry sources warn South Korea has a long way to go, the need for self-reliance in chip technology has become more critical with the coronavirus pandemic and U.S.-China tensions threatening to accelerate supply chain shifts.

Plug Power Is in the Driver’s Seat as Hydrogen Use Grows

Mega deals for Plug Power from companies like Walmart and Home Depot are set to lift PLUG stock further.

Snowflake bumps expected IPO price by about 30%, could debut at more than $30 billion valuation

At the midpoint of the new estimated price range, Berkshire Hathaway's total stake in Snowflake after the IPO would be valued at $674.4 million.

Tesla shares jump 9% amid tech rebound, Goldman comments

Shares of Tesla moved higher on Monday, amid a broad rally in the technology sector.

FedEx vs UPS: Traders assess which looks best ahead of FedEx earnings

FedEx is set to report earnings after the bell Tuesday. Craig Johnson of Piper Sandler and Steve Chiavarone of Federated Hermes weigh the delivery company against its peer UPS to determine which is the better bet.

Hotel Chocolat Are Having An End-Of-Summer Sale, And I'm Not Sure If I'm Drooling Over The Chocolate Or The Savings

Because discounts and food is always the best combo.

14 Of Our Most Popular Shopping Lists Of All Time That People Love For A Reason

Because if readers already love them, we think you will too!

Verizon buys prepaid mobile provider Tracfone for $6.25 billion

The mobile operator Tracfone isn’t exactly a household name, but it does have about 21 million customers in the US. (Disclosure, Verizon is Engadget’s parent company.)

Verizon purchases prepaid wireless provider Tracfone for around $7 billion

Tracfone, the largest re-seller of wireless service in the United States, is officially being purchased by Verizon. The deal is valued to be around $7 billion.

Nvidia to buy chip designer Arm for US$40 billion as SoftBank exits

SoftBank Group Corp said on Monday it has agreed to sell chip designer Arm to Nvidia Corp for as much as US$40 billion in a deal set to reshape ...

Nvidia to buy chip designer ARM for $40-billion

Nvidia will buy UK-based chip designer ARM from Japan's SoftBank Group for as much as US$40-billion, the companies said on Monday, in a deal set to reshape the global semiconductor landscape.

Chinese investment in Australia plunges as tensions mount

Chinese investment in Australia almost halved in 2019, new data released Monday showed, as relations between the two countries deteriorated.

Chinese investment in Australia plunges as tensions mount

SYDNEY, Sept 14 — Chinese investment in Australia almost halved in 2019, new data released today showed, as relations between the two countries deteriorated. Researchers from the Australian National University said Chinese investment Down Under plunged from A$4.8 billion (RM14.5 billion) to just...

Gulf's fiscal diet risks deeper pain amid oil price uncertainty

Oil-rich Gulf nations are relying on a well-worn playbook of spending less and borrowing more to get through the coronavirus crisis but with the ...

Gulf nation's fiscal diet risks deeper pain amid oil price uncertainty

Brent prices have rebounded since plunging to a more than 20-year low in April, but at just over $40 per barrel, they are significantly below what most Gulf states would need to balance their budgets

AstraZeneca shares rise as UK coronavirus vaccine trial resumes

Shares of AstraZeneca rose 1per cent to 8,516 pence on Monday after the British drugmaker received the go-ahead from safety watchdogs over the ...

AstraZeneca shares rise as UK coronavirus vaccine trial resumes

AstraZeneca shares rise as UK coronavirus vaccine trial resumes

G4S faces £3bn hostile takeover bid from private equity-backed group

UK security company has ‘dismissed or ignored’ 3 approaches in 3 months, says BC Partners

Security firm Gardaworld offers to buy G4S in £3bn deal

Private-equity backed Gardaworld has announced a £3bn hostile takeover bid for London-listed G4S.

REIWA sounds 'rental crisis' warning as Perth vacancy rates drop again

In just two months Perth’s vacancy rate has gone from two per cent to 1.3 per cent and is expected to keep dropping.

REIWA sounds 'rental crisis' warning as Perth vacancy rates drop again

In just two months Perth’s vacancy rate has gone from two per cent to 1.3 per cent and is expected to keep dropping.

Loblaw moves back into banking three years after cutting ties with CIBC

PC Financial will try to rebuild base of deposits without a partner after two million clients were moved to Simplii Financial in 2017

The Death Of Cash Fueled Square Stock Growth

With the boom in digital payment since the start of the pandemic, SQ stock saw outsized gains from its consumer-facing Cash App.

RIL To Scale New Highs As Investors To Invests In Retail Business

The trend in RIL stock is positive and the counter gave a consolidation breakout recently. And has the potential to scale to Rs. 2450- Rs. 2500 in the next few weeks and then it can go to Rs. 2650- Rs. 2700. One can buy at current levels with a stop loss of Rs. 2250 and with a target of Rs. 2700 in next 3 months. .

RIL share price hits fresh record high today, stock rallies 57% so far this year; should you buy?

RIL stock has zoomed 172 per cent from its March low of Rs 868 apiece. Last week, RIL announced that Silver Lake would invest Rs 7,500 crore in its retail arm RRVL

BSNL outsources customer care amid cash crunch, staff shortage

Divestment-headed Bharat Sanchar Nigam Ltd (BSNL) has started to outsource operations and maintenance work of its customer care amid cash crunch and a shortage of workforce.

Short on funds & personnel, BSNL outsourcing customer care work in several circles

In many states such as Uttar Pradesh, Kerala, Gujarat and Tamil Nadu, nearly all customer care service representatives who were on the rolls of the debt-laden telco had opted for the VRS scheme that was offered to BSNL employees in October last year.

NTT Docomo failed to notify banks of deposit theft

NTT Docomo said Thursday that fraudulent money withdrawals using its payment service had occurred in May last year at accounts at Resona Bank and Saitama Resona Bank.

More NTT Docomo e-money thefts confirmed, ¥25 million stolen

The company said 120 cases of fraudulent money withdrawals were found at 11 of the 35 banks that NTT Docomo has partnered with.

NAFED to procure groundnut at MSP from Oct 21: Gujarat Agriculture Minister

The state government has earlier announced that it will begin the procurement after Diwali. The change in dates has been made after representations were made by farmers.

Gujarat govt advances groundnut procurement

Following farmers’ demand, the Gujarat government on Monday decided to advance the groundnut procurement process in the State beginning from October 21 instead of the earlier announced November 19.Sta

CLSA’s five-year plan shows Communist China is in charge

The recent exodus of top executives from the Hong Kong-based investment bank does not bode well

CLSA’s five-year plan shows communist China is in charge

Nearly a decade on, theres no better example of how the Chinese government can transform a financial firm than CLSA itself.

Gold prices up 1% as dollar weakness buttresses bullion

Gold futures rise on Monday, as weakness in the dollar and superlow government bond yields help to keep the precious metal trading in a range that some...

Gold Price Analysis: XAU/USD spikes to session tops, around $1960 level

Gold caught some aggressive bids and shot to fresh daily tops, around the $1958 region during the early North American session. The bearish pressure s

Countries raid sovereign wealth funds for $100-billion to weather COVID-19 storm

The twin blow of the commodities collapse and the pandemic, which stalled much economic activity for months, is likely to drain stabilization funds in countries like Peru and Colombia

Sovereigns raid rainy day funds for $100 billion after COVID-19 storm

Sovereigns raid rainy day funds for $100 billion after COVID-19 storm

Japan’s policy revolution could start at the margins

For Yoshihide Suga, stepping out from the towering presence of predecessor Abe’s shadow would be a tough task

Suga is a huge fan of Abe, but his policies won’t be a carbon copy if he becomes Japan’s PM

The shades of difference between the two men on some key issues are important, particularly when the world's third-largest economy is in question.

L&T bags multiple orders across business segments in domestic market

Larsen & Toubro said its construction arm has received multiple orders across business segments in the domestic market

L&T bags multiple orders across business segments

Infrastructure company Larsen & Toubro (L&T) on Monday said its construction arm has received multiple orders across business segments in the domestic market. The company did not provi

iPhone makers among biggest winners in India's $6.6 bn manufacturing plan

At a cabinet meeting on Wednesday, the Indian government is expected to approve a plan aimed at bringing $150 billion in mobile-phone production over the next five years

iPhone makers to be among winners of Modi govt’s $6.6 billion ‘Make in India’ stimulus plan

iPhone makers Foxconn, Wistron, Pegatron are among the mobile manufacturers expected to be named winners for stimulus after cabinet meeting Wednesday.

ViacomCBS to Sell CNET for $500 Million to Red Ventures | Hollywood Reporter

The transaction is expected to close in the fourth quarter.

ViacomCBS to Sell CNET for $500 Million to Red Ventures

ViacomCBS has struck a deal to sell its CNET unit to Red Ventures for $500 million.

Pakistan’s economy is beginning to show momentum as Covid cases taper off

Evidence of momentum returning to the Pakistani economy can be seen from growing cement-to-fuel sales and demand for home appliances to cars.

Pakistan’s economy revs up as Covid-19 cases ease up

Analysts expect 5% growth this year, more than double the government target of 2.1%