Economy 1766
4 Top Stock Trades for Monday: ZS, CGC, OXY, UBER

Uber, Occidental Petroleum, Canopy Growth and Zscaler are our top stock trades for Monday. That said, let's look at the charts for the group.

29 May 20:47 InvestorPlace 24614511035789864.html
Screening For Growth Leaders With Outstanding Profitability

Investing in growth leaders can be great, and investing in growth leaders with attractive profitability can be even better. Presenting a screener that selects c

29 May 20:14 Seeking Alpha 5725634557506898513.html
Ethereum’s Rocketing Funding Rates a Grave Sign for Its Ongoing Rally

The number of Ethereum long positions has been rocketing, which has been a warning sign that a liquidation-fueled movement is imminent.

29 May 20:00 Bitcoinist.com 1696346938031169457.html
135-year-long streak is over: US renewable sources topped coal in 2019

Including wood and biofuels across all sectors, coal fell short last year.

29 May 20:45 Ars Technica 5028555106405824068.html
Times Square billboards went dark for one minute to show support for struggling restaurants and hospitality businesses

Some of Times Square's iconic signage went dim to spotlight how insurers are using loopholes to get out of paying business-interruption claims.

29 May 20:30 Business Insider 6060062400183995968.html
GST hike on non-essential items unlikely despite falling revenues

Sources indicated that as of now there is no proposal to reduce GST rate on essential items, even as it is ultimately GST Council which will take any decision on changing the tax rates and not just the central government.

29 May 20:22 The Indian Express 2885715105225658193.html
Are Stocks Out of Control? What We Learned in May

A round-up of market analysis by Bloomberg Opinion.

29 May 20:29 Bloomberg 4032480120849423542.html
Forbes Strips Kylie Jenner of Billionaire Status for Inflating Size of Her Business

Forbes named Kylie Jenner a billionaire last year making her the younger entrepreneur with that distinction, however, the financial publication has...

29 May 20:15 VLADTV 1404406306446044860.html
School sets up virtual class to help SMEs - Selwyn College

Selwyn College, a well known Auckland school and a stronghold in community education, is helping small business owners with its new online education offering.

29 May 20:16 www.voxy.co.nz 6138926315133670501.html
Google Withdraws Offers To More Than 2,000 Contract Workers

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

29 May 20:01 PYMNTS.com 7357138824916517834.html
UK helps employers with slow phase-in of job shield costs

British finance minister Rishi Sunak offered fresh help to employers hammered by the coronavirus shutdown on Friday in the form of a gradual phase-in of contributions from them to the government's costly wage subsidy scheme. The government has been paying 80% of the wages of some 8.4 million workers since…

29 May 20:00 Japan Today 8582716286591657638.html
Trump announces probe of Chinese companies listed in US

US President Donald Trump on Friday ordered a probe into the actions of Chinese companies listed on American financial markets as tensions flared anew between the world's two biggest economies. The announcement followed Beijing's move to implement a new security law on semi-autonomous Hong Kong

29 May 20:10 Yahoo 7097669638696762159.html
The L In L-Shaped Recovery Stands For Long

This is a weekly series focused on analyzing the previous week’s economic data releases. The objective is to concentrate on leading indicators of economic activ

29 May 20:00 Seeking Alpha 5725634556029427934.html
Stocks rebound after Trump pulls his punches on China

S&P 500 ends higher after presidential press conference on Hong Kong security law

29 May 20:33 Ft 707176889857165095.html
Centre's Rs 20 lakh crore package is bogus: CPI-ML New Democracy leader Akula Papaiah

CPI-ML New Democracy leader Akula Papaiah criticised the Rs 20 lakh crore package announced by the Central government as of no use for the common man

29 May 20:23 The Hans India 817019414346939731.html
Stocks rebound on relief at Trump's response to China over Hong Kong

NEW YORK (Reuters) - A gauge of global equities rebounded and crude oil rose on Friday after U.S. President Donald Trump ordered an end to Washington’s special treatment of Hong Kong, a move investors welcomed as unlikely to jeopardize a trade accord with China.

29 May 20:48 Reuters 8334514180832181129.html
Williams considers selling F1 team after £13m loss

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

29 May 20:34 Sport 682566036003891032.html
Ghana Have Factories: African Nation Bans Importation of Old Cars

Ghana has banned the importation of cars older than 10 years in a move designed to attract automotive plants. As a major importer of second-hand vehicles, the West African nation is largely dependent upon cars discarded by other nations. However, the country’s leadership wants it to become an automotive hub for at least a healthy chunk […]

29 May 20:33 The Truth About Cars 8594295343055912735.html
Renault plans to cut 14,600 jobs worldwide in race to reduce costs

The measures round off a decisive week for Renault and its Japanese partners Nissan Motor Co. and Mitsubishi Motors Corp., drawing a line under a two-decade era of aggressive expansion

29 May 20:02 Business-Standard 1502508925777635397.html
Tata Motors Trading Near All-Time Low Ahead Of Earnings

Tata is set to report Q4 earnings results in the next few days and the company is expected to lose money once again. The company has been losing money for the l

29 May 20:34 Seeking Alpha 5725634557159079551.html
Implementation of new framework for taxi, ride-hailing companies pushed back to October

SINGAPORE: The implementation of a new regulatory framework for the taxi and private-hire car sectors will be delayed again to October, as ...

29 May 20:43 CNA 5644198862467749059.html
Lagos allays fears over 5G technology - The Nation Nigeria

Lagos State Government has assured there is nothing to fear over purported danger posed by 5G technology to their health.It declared controversies...

29 May 20:59 Latest Nigeria News, Nigerian Newspapers, Politics 2658445900945689000.html
Saudi Arabia Moved $40 Billion in Reserves to Sovereign Fund

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

29 May 20:24 Bloomberg.com 4032480122369902261.html
DOJ sets new conditions for CPI’s acquisition of General Dynamics’ satellite antenna business

For the merger to go forward CPI must sell off its subsidiary ASC Signal Division.

29 May 20:42 SpaceNews 7631243600942002854.html
Agriculture, mining saved Indian economy in FY20; manufacturing bites

The farm sector is expected to perform well in FY21 as well.

29 May 20:44 Business-Standard 1502508924685765307.html
French carmaker Renault announces 15,000 job cuts worldwide

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

29 May 20:01 Japan Today 8582716286566458377.html
Major Crypto Assets Are Preparing For Powerful Volatility Against Bitcoin

Although there were some early signs that an altcoin season may be upon us, top crypto assets like Ethereum have been reverted to weakening performance against

29 May 20:00 NewsBTC 7232133511057648970.html
At 6.1%, growth in per capita income slows: Explained in numbers

The growth in per capita income has been coming down for 3 years.

29 May 20:36 Business-Standard 1502508925213961692.html
US stocks rise after Trump sticks to script on China

Shares in New York gained 4.5 per cent in May, buoyed by signs the US economy is stirring after shutting down in April.

29 May 20:27 Australian Financial Review 3974284488268327896.html
Renault staying in Formula One: Interim CEO

Renault will stay in Formula One, interim Chief Executive Coltilde Delbos said on Friday after announcing the carmaker's restructuring measures ...

29 May 20:01 CNA 5644198863051078481.html
S&P 500, Nasdaq rally to close week higher as Trump’s actions against China seen not as disruptive as feared

Stock index benchmarks ended mostly higher Friday and booked sharp gains for the week and month, after a news conference from President Donald Trump on China...

29 May 20:34 MarketWatch 8975941548720726813.html
UK plans new 5G club of 10 democracies, including India: Report

The British government has approached the US with the prospect of creating a 5G club of 10 democracies, including India, amid growing security concerns related to Chinese telecom giant Huawei,

29 May 20:17 Deccan Herald 2027555795968414331.html
Govt likely to allocate Rs1,000b for Covid-19

Prepar­es draft for federa­l budget 2010-21 with a total outlay of Rs7,570 billio­n

29 May 20:28 The Express Tribune 1105816787874259878.html
Megacap Algo Trade Taking Lumps Right After Everyone Piled In

If there was one thing money managers believed heading into Memorial Day, it was that owning America’s algorithmically powered tech superstars was the surest bet for navigating the crisis.

29 May 20:30 Bloomberg.com 4032480120960985868.html
What do the new furlough rules mean for workers and businesses?

Chancellor Rishi Sunak has announced several changes to the furlough scheme.

29 May 20:57 Metro 970161748761876875.html
Intelsat asks bankruptcy court to clear roadblock for Spaceflight launch business sale

Intelsat is asking its bankruptcy court for authorization to modify a $50 million loan to Spaceflight Industries’ Earth-observation business BlackSky that could become a snag in Spaceflight’s sale of its launch rideshare business. 

29 May 20:28 SpaceNews 7631243600134499688.html
Can appreciate limits on airfares as it is a 'very very short term' measure: AirAsia India CEO

Domestic passenger services restarted after a gap of two months on Monday when 428 flights carried around 30,000 passengers to their destinations.

29 May 20:58 The New Indian Express 4718288654443748646.html
Sara Hay appointed Wellington City Council's new chief financial officer

Ms Hay joins Wellington City Council after several years of accomplished work at senior levels of, most recently, Auckland Council and, prior to that, at the Ministry of Business, Innovation and Employment.

29 May 20:19 www.voxy.co.nz 6138926315448707651.html
The coming recession is the best reason to step up the pace of renewables investment

It will not do to wait until the next power plant announces its closure. Building alternative infrastructure should start now

29 May 20:00 the Guardian 1491978795175402119.html
Chilean regulator approves Uber's purchase of Cornershop grocery app

SANTIAGO (Reuters) - Chile’s antitrust regulator said on Friday it had approved “without conditions” Uber’s purchase of Chilean online grocery provider Cornershop, clearing a key hurtle for the ride-hailing company as it seeks to expand into the delivery of groceries and other goods.

29 May 20:52 Reuters 8334514181656216977.html
Low Q4 growth telling commentary on economic mismanagement of BJP govt: Chidambaram

India's economic growth slowed to 3.1 per cent in January-March and to an 11-year low of 4.2 per cent for the full fiscal 2019-20 amid a drop in consumption and investment.

29 May 20:12 The Financial Express 1288289580623480782.html
Donald Trump announces probe of Chinese companies listed in US

Among the largest were e-commerce giant Alibaba, China's largest oil producer PetroChina and Sinopec, the world's largest oil refiner.The announcement followed Beijing's move to implement a new security law on semi-autonomous Hong Kong that critics say would stifle freedom

29 May 20:44 Livemint 6614605818351414735.html
Renault to cut 15,000 jobs in 'vital' cost-cutting plan

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

29 May 08:04 Tech Xplore 4945708898730161403.html
ACT Fibernet hikes broadband rates in 8 Indian cities - here's why

The fiber-to-home internet service provider has announced that the hikes would range between 2 and 4% though in the case of select plans the upward revision could be higher.

29 May 08:38 TechRadar 2111116915624480776.html
UK D10 plan to provide alternatives to Huawei

The UK has come up with a plan to provide alternative sources to China for telecoms, pharmaceuticals and other key supplies.

29 May 08:36 Electronics Weekly.com 6636672080552551870.html
Coronavirus company news summary – Sibanye-Stillwater reports outbreak – Axora launch smart mining platform – South Africa to lift restrictions on miners

29 May Sibanye-Stillwater has reported 51 positive Covid-19 cases at its Thembelani shaft located in Rustenburg. The company tested employees...Read More...

29 May 08:28 Mining Technology 639193377164203203.html
Renault announces 15,000 job cuts worldwide

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

29 May 08:16 Jersey Evening Post 6141642773773034490.html
The close: TSX ends lower, crude has best month on record

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

29 May 08:53 The Globe and Mail 68426410920224595.html
USD/CAD holds steady, up little around 1.3770 amid weaker oil prices

The USD/CAD pair edged higher on Friday, albeit lacked any strong follow-through and remained confined in a three-day-old trading range. A sharp fall

29 May 08:23 FXStreet 4480975639984986773.html
Crude has best month on record in May as prices surge 88 per cent

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

29 May 08:00 CTVNews 2422791597135341129.html
Williams set to sell Formula One team

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

29 May 08:58 Brisbane Times 2314609339680021699.html
IPC maker DFI to deepen deployments in AIoT, 5G

IPC maker DFI, an affiliate of Qisda, saw its revenues for the first four months of the year shoot up 41.86% on year to NT$2.862 billion (US$95.40 million), the highest for the same period on record, and it will step up deployments in AIoT and 5G applications, according to company sources.

29 May 08:06 DIGITIMES 8411283749040531399.html
German airline Lufthansa to double flights to Athens from Frankfurt and Munich

Lufthansa Group said that the extension of its June timetable responds to the growing interest of customers in air travel as Covid-19 travel restrictions are

29 May 08:14 Greek City Times 1506177377276055780.html
Explainer: How important is Hong Kong to China as a free finance hub?

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

29 May 08:32 Reuters 8334514179850264376.html
Madras High Court issues notices to Franklin Templeton Mutual Fund, SEBI: Investors group

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

29 May 08:15 Firstpost 4760741712337206522.html
StatCan expected to report GDP down nine per cent in March, 10 per cent in Q1

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

29 May 08:00 KitchenerToday.com 52741009447194527.html
New Exec Chair For NZ Dairy Industry Awards

The New Zealand Dairy Industry Awards Executive have chosen Taranaki dairy farmer and NZDIA Alumni Rachel Short as Chair at a recent board meeting, with Paparimu 50/50 sharemilker Amber Carpenter elected as Vice-Chair.

29 May 08:01 SCOOP 5315658998979499014.html
Japan factory output and retail sales slump as pandemic hits autos

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

29 May 08:26 The Japan Times 6673764366982786695.html
Video | Cement companies report concrete gains despite weak volumes in Q4

Firms reported a surge in EBITDA per tonne in Q4, thanks to higher realisations and savings on energy and logistics costs

29 May 08:38 BusinessLine 5283601367059212.html
Decision to open shops in malls soon after taking into account health ministry's guidelines

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

29 May 08:57 The Economic Times 7653256038309195839.html
Lupin Q4 net profit up 35% to Rs 390 cr on robust sales, lower tax expenses

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

29 May 08:54 Business-Standard 1502508925692180102.html
Arrowhead and Exemplar deliver better than expected results

But Covid-19 presents risks for the property sector.

29 May 08:52 Moneyweb 1092550947661246066.html
Reopen Koyambedu market with safety regulations in place, traders’ associations say

Traders say they are forced to sell vegetables at low costs to avoid wastage, as the new Thirumazhisai market has very little storage space

29 May 08:57 The Hindu 6679535025819966577.html
Mini-grid services continue to drive rural India’s need for power supply: Survey

Economic activities have continued to witness major drop in the mini-grid villages.Direct Government interventions have provided relief

29 May 08:34 Livemint 6614605819607643469.html
Wipro appoints Thierry Delaporte as CEO & Managing Director

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

29 May 08:44 BusinessLine 5283600313163776.html
SPECIAL REPORT: BUHARINOMICS, FIVE YEARS AFTER: Diversification agenda falters, gropes for traction

THE Federal Government’s main economic strategy is anchored on diversification of the economic base away from oil dependency.

29 May 08:42 Vanguard News 4125100338952032424.html
Rajasthan Re-Opens Application For Inspector Of Factories And Boilers

Rajasthan Public Service Commission (RPSC) has reduced the number of vacancies for Inspector of Factories and Boilers from 3 to 2.

29 May 08:23 NDTV.com 5090057682186803336.html
‘One Sun One World One Grid’: India initiates talks on West to SE Asia solar grid

The idea is to utilise solar power when the sun is not shining in other parts of the world by building a common transmission system.

29 May 08:09 The Financial Express 1288289580563589037.html
Plans submitted for futuristic Perth West project which could boost economy by £65m a year and create 2,000+ jobs

Developers have submitted plans for the innovative Perth West eco-project, which is expected to bring in over £65 million a year to the Perthshire economy and generate over 2,000 jobs.

29 May 08:46 The Courier 4275302768037569817.html
US-China tension to push Asian shares lower in choppy trade

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

29 May 08:05 CNA 5644198862835007287.html
Novavax to buy Serum Institute plant to produce 1 billion COVID-19 vaccine doses

While experts have predicted that a shot will likely take 12-18 months to develop, vaccines are seen by world leaders as the only real way to restart their stalled economies after months of sweeping lockdown

29 May 08:47 Business Today 1145527432472270446.html
MaiCapital Launches Bitcoin-Based Quant Fund

MaiCapital Limited today announced this week the launch of its second crypto-themed quantitative hedge fund, Bitcoin+ Investment Fund1.

29 May 08:55 Finance Magnates 8992138266093605484.html
Tesla performance opens door to Elon Musk payday

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

29 May 08:08 Tech Xplore 4945708899180989357.html
SPECIAL REPORT: FOREX: Dynamic instability amidst CBN’s interventions

NIGERIA’S foreign exchange market under the five years of the Muhammadu Buhari Presidency is characterised by two bouts of naira

29 May 08:58 Vanguard News 4125100340673227826.html
French carmaker Renault announces 15,000 job cuts worldwide

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

29 May 08:01 TechGenyz 5378425015846222589.html
Williams reveals it is for sale

Backmarker Formula 1 team Williams has admitted it may be sold.

29 May 08:33 Sports Mole 7750663361929209725.html
Who is Wipro’s new MD and CEO?

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

29 May 08:03 The Indian Express 2885715104357463079.html
Starling Bank raises £40m as it lends to virus-hit small businesses

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

29 May 08:56 independent 5894610846122194672.html
Bharat Bond ETF second tranche worth Rs 14,000 cr to hit market in mid-July

In December, 2019, Bharat Bond ETF mobilised Rs 12,400 crore

29 May 08:06 Business-Standard 1502508926409820967.html
Nifty 50 June Futures (9,404)

The Indian benchmark indices i.e. the Nifty spot and the Sensex spot indices are trading with a downward bias. The Nifty spot is down by 0.2 per cent whereas the Sensex spot is down by 0.4 per cent. A

29 May 08:33 BusinessLine 5283600441081718.html
Battle for Hong Kong Is Shifting to City’s Financial Markets

The struggle to maintain confidence in Hong Kong’s future is manifesting in its stock and currency markets.

29 May 08:36 Bloomberg.com 4032480122169782439.html
China to restrict expansion of solar equipment producers

BEIJING (Reuters) - China intends to impose restrictions on expansion of solar equipment production to tackle overcapacity in the industry in the face of falling domestic installations, a draft plan issued by the country’s industrial ministry showed on Friday.

29 May 08:52 Reuters 8334514180465172733.html
Sberbank Forms Swiss Entity for Physical Commodities Trading

Sberbank has announced on Friday its expansion into the commodities market with the opening of a trading company in Switzerland.

29 May 08:13 Finance Magnates 8992138266343191228.html
Williams set to sell Formula One team

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

29 May 08:58 WAtoday 6806590900126211267.html
Explainer: How important is Hong Kong to China as a free finance hub?

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

29 May 08:53 Business-Standard 1502508926679069074.html
East Midlands transport boss 90 to 100 percent confident initial tram extension phase will get green light

He was speaking today at the launch of the £2.7 billion project

29 May 08:42 NottinghamshireLive 5149776703075494236.html
F-35 Costs Drop for Building Jets But Rise for Operating Them

The Pentagon’s costliest program, Lockheed Martin Corp.’s F-35, is starting to look a little less expensive, with the latest estimate for development and procurement down 7.1% to $397.8 billion.

29 May 08:00 Bloomberg.com 4032480122631549673.html
CEO Williams: "Do consider selling the entire company"

The collaboration with ROKiT has been terminated with immediate effect and the Formula 1 team may go on sale. That was the news that Mike O'Driscoll said this Friday morning. Through the official channels, the CEO will give some more text and explanation.

29 May 08:58 GPblog.com 9117728198371150692.html
Malaysia’s Statistics Department foresees recession in the next four to six months

KUALA LUMPUR, May 29 — The Department of Statistics Malaysia (DOSM) has predicted that the country is heading into an economic recession in the next four to six months. In the Malaysian Economic Statistics Review (MESR), chief statistician Datuk Seri Mohd Uzir Mahidin said that their prediction...

29 May 08:52 Malaymail 302165936470558939.html
Pag-IBIG Fund sets P10B construction fund to build more homes, boost economy

Pag-IBIG Fund has increased to P10 billion its home construction fund in a bid to encourage production of housing units for its members and help boost the national economy. “We have alloc

29 May 08:55 Journal Online 6375127393437352152.html
How Faster Disbursements Can Help Solve Patients’ Payment Pain Points

The Faster Healthcare Payments Report examines the how payment modernizations to accelerate patient disbursements help them afford healthcare's high costs.

29 May 08:00 PYMNTS.com 7357138826374435129.html
Stocks To Buy In A Post-Pandemic World

The pandemic proved that not only is technology critical, but they can be a lifeline for a business. Insurance has performed very well, enough for most major in

29 May 08:58 Seeking Alpha 5725634558096832438.html
Thierry Delaporte as CEO to help Wipro with new ideas, global presence: Analysts

Prior to Wipro, Delaporte was the chief operating officer of Capgemini Group and a member of its group executive board.Analysts believe Delaporte will be expected to deliver on tasks predecessor Abidali Z. Neemuchwala left incomplete

29 May 08:03 Livemint 6614605818012450478.html
Federal Pacific: Power equipment endorsed by Carroll Technologies

Federal Pacific manufacturers a wide range of products used for the generation, distribution, transmission and control of electricity.

29 May 08:53 Mining Technology 639193376254818903.html
Migrants To Get Cash In Hand, Government Has Not Ruled Out Poor: Sources

Government has not ruled out cash transfer to the poor or migrant workers and said it will look at giving cash handouts as the situation evolves.

29 May 08:14 NDTV.com 5090057681787653772.html
World shares fall as Hong Kong, U.S.-China tensions weigh

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

29 May 08:00 CTVNews 2422791597904780792.html
Lockdown 4.0: Parents stock up on kidswear with easing of norms

A Delhi-based couple blessed with a newborn in April had a harrowing time. With the baby's birth coinciding with the unexpected nationwide lockdown, they had to resort to borrowing clothes from fr

29 May 08:36 BusinessLine 5283601238843284.html
BI sees rupiah strengthening to pre-pandemic level as it intervenes in market

BI has injected an additional Rp 167.6 trillion (US$11.33 billion) this month to stabilize the financial system.

29 May 08:53 The Jakarta Post 7678601104198145658.html
Rupee settles 14 paise higher at 75.62 against US dollar

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

29 May 08:57 The Hindu 6679535026352466082.html
Stocks slip as investors await Trump's Hong Kong response

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

29 May 08:13 Financial Post 2379081493464431795.html
VIXM: Here's Why It Is Likely Going To Keep Dropping

VIXM has had a strong year due to the historic rally in the VIX. VIXM tracks the Mid-Term VIX Futures Index, which allows it to reduce roll yield at the cost of

29 May 08:42 Seeking Alpha 5725634557535708892.html
SoftBank Leads $500 Million Funding for Didi Autonomous Unit

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

29 May 08:07 Bloomberg.com 4032480121128539441.html
Asia shares fall as U.S.-China tensions douse rally on Wall St

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

29 May 08:00 CTVNews 2422791598692309723.html
India's economy seen slowing rapidly in March quarter, with worse to come

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

29 May 08:11 Deccan Herald 2027555796108872763.html
Use of public transport likely to reduce for 6 months post-lockdown: CSE survey

The CSE's perception survey on changing commuting choices post-pandemic included over 400 middle and high-income groups in Delhi and surrounding NCR cities.The first results show public mood is changing.

29 May 08:38 The Economic Times 7653256038372962307.html
This is the cost of Yaka if you owned an electric Tesla Model X in Uganda – Techjaja

Let's just assume all of a sudden you can afford to buy a fully electric car in this case, Tesla Model X, but what would be the cost of Yaka

29 May 08:26 Techjaja 8656724908835789831.html
Nissan will focus on Japan, China and North America, to discontinue production in Indonesia and Spain

Datsun brand will be withdrawing its operations from Russia

29 May 08:09 OVERDRIVE 7781473803694672399.html
European stocks fall on rising U.S.-China tensions

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

29 May 08:10 MarketWatch 8975941549186919483.html
How important is Hong Kong to China as a free finance hub?

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

29 May 08:15 The Economic Times 7653256037791915878.html
Canada’s economy saw record decline in March, with worse numbers forecast for April

Statistics Canada says GDP fell 7.2 per cent in March; the agency is forecasting a decline of 11 per cent in April as COVID-19 lockdowns took hold

29 May 13:18 The Globe and Mail 68426411143120148.html
Nikkei dented by US-China tensions, but scores best month since 2015

Japanese stocks retreated from three-month highs on Friday as escalating US-China tensions over Hong Kong prompted investors to lock in profits, but easing coronavirus restrictions helped Nikkei mark

29 May 13:16 Deccan Herald 2027555797926921003.html
OPEC delivers three quarters of record oil cut in May: survey

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

29 May 13:28 Reuters 8334514180808176388.html
India reports GDP growth for January-March quarter at 3.1%; 4.2% for FY20

India’s gross domestic product (GDP) growth slowed to 3.1 per cent in January-March quarter, official data showed on Friday.

29 May 13:04 The Statesman 1191309782474209857.html
IFPMA industry association conference: ‘no-one left behind’ on coronavirus vaccine

Pharma industry leaders pledged to pull out all the stops to get a vaccine for coronavirus available as soon as possible – perhaps as early as October this year – and make sure that it is available to everyone who needs it around the world.

29 May 13:29 PMLive 7773534728566223245.html
We thought too big, Renault says as it axes 15,000 jobs in cost-cutting reboot

PARIS, May 29 — Renault acknowledged that its global ambitions had been unrealistic, announcing plans to cut about 15,000 jobs, shrink production and restructure French plants as it pressed the reset button and sought to banish the spectre of Carlos Ghosn. Faced with a slump in demand that has...

29 May 13:35 Malaymail 302165934447216501.html
GDP: 3.1% for March quarter, 4.1% for year. But it is not due to coronavirus

GDP growth rate for March quarter slipped to 3.1% from 4.7% recorded during the previous quarter. The economy grew by 4.2% in 2019-20 for year. The coronavirus lockdown will have more impact in June quarter.

29 May 13:08 India Today 4286117813185149037.html
5 Quotes to Help Plan for Retirement

Wisdom from the world's wisest students of the market is surprisingly simple, even if difficult to adhere to.

29 May 13:00 The Motley Fool 2231313658508514049.html
Walsall Council receive EA funding to reduce town centre flood risk

A grant of £175,000 has been given to a council to replace a culvert and reduce the risk of businesses nearby flooding.

29 May 13:05 Express & Star 7324224460098293615.html
F&O: Nifty50 structure looks bullish; supports shift higher

Going forward, Nifty will face resistance at 9,730 and then 9,889 levels.

29 May 13:24 The Economic Times 7653256037649624952.html
‘Punjab seed scam’: PAU denies providing ‘source seed’ to any pvt company, sold TL seed to farmers only

Punjab paddy seed scam: Speaking to The Indian Express, Tarsem Singh Dhillon, director (seeds), PAU said this was the first year that the varsity had sold ‘Truthfully Labelled’ (TL) seeds of two new paddy varieties — PR 128 and PR 129 — to farmers only.

29 May 13:51 The Indian Express 2885715105725481287.html
Citizens & Northern Corp Has $3.81 Million Stock Holdings in Amazon.com, Inc. (NASDAQ:AMZN)

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

29 May 13:20 Markets Daily 6922190228187079656.html
Plunging sales force Nissan to leave Korea

SEOUL, May 29 (UPI) -- Japanese automaker Nissan Motor announced Thursday that it plans to pull out from South Korea at the end of 2020, 16 years after it entered the country in 2004.

29 May 13:22 UPI 8257973863900915696.html
Sanitation and cleanliness on top of new age mobility firms' agenda

Firms that provide urban commuting warm up to new realities as lockdown relaxes

29 May 13:24 Business-Standard 1502508925787092847.html
Hidden Cost of Mass Layoffs: Why Job Cuts Won’t Solve States’ Budget Crisis

States and cities are slashing jobs in the face of huge deficits. But making the budget math work isn’t quite so simple. 

29 May 13:00 Bloomberg.com 4032480121064917531.html
5G and 6G: What Problems Should Solve Huawei To Continue Leading?

Though Huawei is a leader in the world and in China especially in terms of 5G, it has started pre-research of 6G as well.

29 May 13:54 Gizchina 5392375274826692246.html
Crisis-hit Wall Street checks in to Zandi's 'impairment studio'

NEW YORK (Reuters) - When Wall Street doesn’t know where the world economy is heading, it books a session at Mark Zandi’s “impairment studio”.

29 May 13:48 Reuters 8334514181677945070.html
With 'Main Street' in view, Fed weighs risks of job, productivity shocks

U.S. Federal Reserve officials have talked broadly about helping households and firms through the current economic crisis and quickly unleashed ...

29 May 13:10 CNA 5644198863281265621.html
10 Penny Stocks to Buy Under $5 That Might Be Worth the Risk

When looking for penny stocks to buy under $5, you’ve got to go dumpster diving. That’s never an easy task when stocks aren't cheap.

29 May 13:43 InvestorPlace 24614509799404139.html
Cardano Shakes the Ghost of Disappointment With Confirmed Shelley Release Date

Cardano holders celebrated last night as CEO Charles Hoskinson released details of a rollout plan culminating with the launch of the Shelley mainnet on July 29t

29 May 13:33 NewsBTC 7232133511485607490.html
Commerce Bank Buys 1,732 Shares of CarMax, Inc (NYSE:KMX)

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

29 May 13:20 Markets Daily 6922190227672856828.html
Tan Chong takes 15.8pc stake in Warisan TC’s vehicle auction services unit

KUALA LUMPUR, May 29 — Vehicle assembler and distributor Tan Chong Motor Holdings Bhd (TCMH) is subscribing to new shares representing 15.79 per cent equity interest in its sister company Warisan TC Holdings Bhd’s subsidiary, MUV Marketplace Sdn Bhd (MUVM), for RM15 million. Warisan and MUVM,...

29 May 13:50 Malaymail 302165936463804402.html
IMF warns stock investors to pay more attention to climate risks

Investors worldwide are underestimating the financial risks from climate change, and companies need to start disclosing their exposure, according to the International Monetary Fund.

29 May 13:17 BNN 3833521688082376315.html
5 Must-Know Investing Rules for Newbies

Ready to step up your wealth game and start investing? Read this first.

29 May 13:32 The Motley Fool 2231313658676268686.html
Hitachi Ltd (HTHIY) on Q4 2020 Results - Earnings Call Transcript

Hitachi Ltd (OTCPK:HTHIY) Q4 2020 Earnings Conference Call May 29, 2020, 02:30 ET Company Participants Yoshihiko Kawamura - Representative Executive Officer, SV

29 May 13:37 Seeking Alpha 5725634556260242837.html
Renault to restructure French factories in high-stakes reboot plan

French carmaker Renault said on Friday it was launching talks with unions to reorganise and cease assembling vehicles at several plants in France ...

29 May 13:45 CNA 5644198862401630530.html
Rhumbline Advisers Buys 153,817 Shares of Coty Inc (NYSE:COTY)

Rhumbline Advisers boosted its stake in shares of Coty Inc (NYSE:COTY) by 27.9% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 706,118 shares of the company’s stock after purchasing an additional 153,817 shares during the quarter. Rhumbline Advisers […]

29 May 13:00 Markets Daily 6922190228565670843.html
Wipro appoints Thierry Delaporte as CEO and MD

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

29 May 13:08 BusinessLine 5283602107987840.html
Vodafone Idea stock jumps 35% on report of possible stake sale to Google

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

29 May 13:36 Business-Standard 1502508925047644177.html
USD/JPY off lows, still in the red below mid-107.00s ahead of Trump

The USD/JPY pair now seems to have entered a bearish consolidation phase and was seen oscillating in a range near two-week lows, just above the 107.00

29 May 13:29 FXStreet 4480975639809274460.html
FY20 fiscal deficit widens to 4.59% of GDP, higher than budget aim of 3.8%

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

29 May 13:35 Livemint 6614605819622432221.html
Bitcoin Could Hit $11,000 in June 2020; Here’s Why

Bitcoin is correcting lower in the final week of May but its likelihood of retesting levels above $11,000 is growing higher next month.

29 May 13:12 NewsBTC 7232133509684588591.html
The coronavirus pandemic is boosting the big tech transformation to warp speed

The coronavirus pandemic has sped up changes that were already happening across society, from remote learning and work to e-health, supply chains and logistics, policing, welfare and beyond. Big tech ...

29 May 13:18 Tech Xplore 4945708898327222479.html
Amazon.com, Inc. (NASDAQ:AMZN) is Partnervest Advisory Services LLC’s 9th Largest Position

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

29 May 13:20 Markets Daily 6922190228713794801.html
Legal lifeline for businesses refused critical coronavirus pay out

Michelmores is inviting businesses whose claims have been declined to help in the legal fight

29 May 13:57 DevonLive 2469244513037263977.html
Hong Kong’s Turmoil Makes EWH a Profitable Put Play

With more protests starting in Hong Kong, I think a bearish position on iShares MSCI Hong Kong ETF (NYSEARCA:EWH) is a great way to add some bearish protection.

29 May 13:27 InvestorPlace 24614509967624095.html
We thought too big, Renault says as it axes 15,000 jobs in cost-cutting reboot

PARIS (Reuters) - Renault acknowledged that its global ambitions had been unrealistic, announcing plans to cut about 15,000 jobs, shrink production and restructure French plants as it pressed the reset button and sought to banish the spectre of Carlos Ghosn.

29 May 13:01 Reuters 8334514181111796543.html
VW spending $2.2B to expand in China's electric car market

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

29 May 13:03 CTVNews 2422791598231115851.html
2 Stocks I'll Hold Forever

These companies both have the capacity to keep growing their revenues at a strong and steady pace for the long term.

29 May 13:15 The Motley Fool 2231313658008280693.html
Google (NASDAQ: GOOGL) Terminates Thousands of Job Offers as It Continues to Battle a Plunge in Ad Revenue

Google has now canceled the job offers of thousands of temporary and contract workers as it continues to battle a decline in ad revenue

29 May 13:53 Wccftech 3677959677855535010.html
GDP growth slows to a 11-year low of 4.2%, Q4 slumps to 3.1%

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

29 May 13:27 The Hindu 6679535025305301562.html
BNI Syariah sees profit soar in Q1, chances to expand international banking services

BNI Syariah net profit soared 58.1 percent year-on-year (yoy) to Rp 214 billion (US$14.46 million) in the first quarter.

29 May 13:10 The Jakarta Post 7678601103728659872.html
SBI EMI Moratorium calculation: Additional Rs 4.5 lakh interest on 15-year Home Loan of Rs 30 lakh

SBI EMI moratorium: State Bank of India has simplified the process of stopping the EMIs by initiating an SMS communication to nearly 85 lakh eligible borrowers asking about their consent to stop EMIs.

29 May 13:57 The Financial Express 1288289579755179330.html
The world’s first integrated power-to-X-to-power hydrogen gas turbine demonstrator

With the HyflexPower project, a consortium — made up of Engie Solutions (Paris, France), Siemens Gas and Power GmbH & Co. KG (Munich, Germany), Centrax

29 May 13:13 Chemical Engineering 9204118374868701937.html
Lufthansa Not Ruling Out Bankruptcy Option if Gov't Aid Package Not Arranged, Report Says

MOSCOW (Sputnik) - German flag carrier Lufthansa reserves the right to file for bankruptcy if negotiations with the government over a multi-billion coronavirus-related...

29 May 13:38 Sputniknews 967333868995288981.html
REX American Resources: A Poor FQ1 Earnings Report Masks Improving Conditions

Ethanol producer REX American Resources reported its FQ1 earnings for the period ending April 30 earlier this week. The report gave investors a first look at th

29 May 13:35 Seeking Alpha 5725634557588583427.html
Digital-only local newspapers will struggle to serve the communities that need them most

This week News Corp Australia announced the end of the print editions of 112 suburban and regional mastheads – about one-fifth of all of Australia's local newspapers. Of those, 36 will close and 76 ...

29 May 13:53 Tech Xplore 4945708898809387530.html
National Bank of Greece S.A.'s (NBGIF) CEO Pavlos Mylonas on Q1 2020 Results - Earnings Call Transcript

National Bank of Greece S.A. (OTCPK:NBGIF) Q1 2020 Results Earnings Conference Call May 28, 2020, 11:45 AM ET Company Participants Pavlos Mylonas - Chief Execut

29 May 13:50 Seeking Alpha 5725634557899527553.html
India's Fiscal Deficit Widens To 4.59% Of GDP

India ended the year with a fiscal deficit of 4.59 per cent of gross domestic product, against the target of 3.8 per cent.

29 May 13:41 NDTV.com 5090057682057679910.html
Over $100,000 Goes To Support Whanganui Businesses Through COVID

Whanganui & Partners has distributed over $100,000 to Whanganui businesses to support them in adapting to challenges caused by COVID-19.

29 May 13:53 SCOOP 5315658999880749581.html
Cane arrear reaches Rs 17,134 crore so far in 2019-20 season: Centre

India Business News: NEW DELHI: Cane dues to be paid by sugar mills to farmers have reached Rs 17,134 crore so far in the 2019-20 season that will end in September, accord.

29 May 13:48 The Times of India 6060938663596538516.html
Analysts welcome reduction of lending rate by CBN

Financial analysts on Friday said the reduction of the monetary policy rate from 13.5 to 12.5 per cent, as announced by the Central Bank of Nigeria would

29 May 13:01 Premium Times Nigeria 5456729301195852637.html
Vestager hits back at Lufthansa bailout criticism

Commission vice-president in charge of competition Margarethe Vestager argued that companies getting large capital injections from the state during the corona crisis still have to offset their competitive advantage.

29 May 13:42 EUobserver 625925298145076137.html
How This Week Highlights the Challenges Facing General Electric Stock

GE stock hasn't gotten off the mat, even as peers have rallied. This week shows why investors are skeptical — and how GE isn't what it was.

29 May 13:44 InvestorPlace 24614509308095101.html
Standard Chartered is seeking a fintech partner to launch a savings product in Kenya

Standard Chartered plans to roll out a savings product for its Kenyan retail customers and is looking to partner with a fintech on the new product.

29 May 13:15 Business Insider 6060062399507284912.html
Gold Price Analysis: XAU/USD pulls away from daily highs, trades above $1,725

The troy ounce of the precious metal advanced to a fresh daily high of $1,733 during the early trading hours of the American session but struggled to

29 May 13:38 FXStreet 4480975638270496721.html
Better Buy: Zoom Video Communications vs. Microsoft

Both companies are enjoying strong growth. But is the new tech upstart or the veteran the superior investment choice?

29 May 13:30 The Motley Fool 2231313658755361716.html
Soas to slash budgets and staff as debt crisis worsens in pandemic

Fears of takeover after auditors question whether London-based institution can continue

29 May 13:48 the Guardian 1491978796072532062.html
3 Natural Gas Stocks for a Cleaner Future

Strong demand for natural gas is likely from emerging markets in the coming decade. This will trigger growth and value creation for natural gas stocks.

29 May 13:08 InvestorPlace 24614509155648983.html
Volvo evaluating markets, confirms to drive in XC40 recharge in India

Cars News: NEW DELHI: Volvo Cars India anticipates luxury carmakers to lead the pack once the electric mobility gains momentum here.

29 May 13:48 The Times of India 6060938664624311036.html
Dow Jones retreats ahead of Trump's response on Hong Kong

The Dow Jones Industrial Average was down 269.88 points, or 1.06 per cent, at 25,130.76.

29 May 13:39 The Economic Times 7653256036820934537.html
ACB Stock Price: Aurora Cannabis Inc. drops further to sub-$15.00 levels

Aurora Cannabis Inc. (ACB) is prolonging the weekly correction lower to the area below the $15.00 mark, posting at the same time fresh multi-day lows

29 May 13:52 FXStreet 4480975638262333117.html
Modi’s hydroxychloroquine support to US brings first installment of mega US-India trade deal closer

India and the US could strike a smaller trade deal in the coming weeks as hydroxychloroquine supply to the US has given the two countries enough confidence.

29 May 13:18 The Financial Express 1288289580695987978.html
3 of the Best Breakout Stocks to Buy Now

Bulls are knocking on the door of resistance in these three breakout stocks. Here are the levels to watch, and how to trade them.

29 May 13:59 InvestorPlace 24614510569383388.html
Volkswagen invests 2 billion euros in Chinese electric vehicle sector

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

29 May 13:20 Rappler 1882105642751442254.html
India's Q4 FY20 GDP Down To 3.1%, 2019-20 Growth Shrinks To 4.2%

On a sequential basis, the quarterly growth rate has progressively come down from 5.2 per cent in Q1 of 2019-20 to 4.4 per cent in Q2 and 4.1 per cent in Q3.

29 May 13:30 Abplive 5873643725920283825.html
Integrating satellite and socioeconomic data to improve climate change policy

Bangladesh is on track to lose all of its forestland in the next 35-40 years, leading to a rise in CO2 emissions and subsequent climate change, researchers said. However, that is just one of the significant ...

29 May 13:17 phys.org 3476726123911544285.html
Survey shows Queenstown is open for business - Destination Queenstown

 A survey of local tourism businesses recently undertaken by Destination Queenstown shows that 96% of respondents will be open under level 2 for the winter season.

29 May 13:19 www.voxy.co.nz 6138926314483806473.html
Canada: The loonie does not react to better than expected GDP – TDS

Real GDP for Q1 and March surprised to the upside with contractions of 8.2% q/q (TD/market: -10%) and 7.2% m/m (TD: -7.0%, market: -8.5%), per TD Secu

29 May 13:27 FXStreet 4480975639209523244.html
Invesco Mortgage Capital: 3 Preferred Series Yielding Over 10%, Plus 2 Option Trades

The mortgage-backed securities market had a crisis in March, with values driven lower, and mREITs crashing in price. The Fed came to the rescue, buying billions

29 May 13:15 Seeking Alpha 5725634556340619594.html
We thought too big, Renault says as it axes 15,000 jobs in cost-cutting reboot

PARIS (Reuters) - Renault acknowledged that its global ambitions had been unrealistic, announcing plans to cut about 15,000 jobs, shrink production and restructure French plants as it pressed the reset button and sought to banish the spectre of Carlos Ghosn.

29 May 13:01 Reuters 8334514179832803463.html
Boney Kapoor: Optimistic about Indian film industry bouncing back post COVID-19 pandemic

The film and TV production is expected to resume operations after a brief shutdown. While there's no clear timeframe for it to resume, the Producer’s Guild of India has submitted safety measures for recommencing on-set shoots to the government this week.

29 May 13:57 Mumbai Mirror 1209961193383413742.html
The UK made just 197 cars last month, a drop of 99.7% as coronavirus tanks factory output

The UK produced only 197 cars in April, 99.7% lower than its output in April 2019, with production almost entirely stopped by coronavirus, the S...

29 May 13:30 Business Insider 3364799146768393486.html
Record global corn and wheat crops on the way

World grain production will reach an all-time high of 2.23 billion tonnes, with record-setting wheat and corn harvests.

29 May 13:45 Successful Farming 8502642054526834101.html
‘At the most elite institutions, college can basically be a finishing school:’ Coronavirus raises new questions about the value of higher education

After universities moved online in the spring, the question of what college tuition actually buys took on new resonance.

29 May 13:12 MarketWatch 8975941548956679898.html
Statistics Dept: Malaysia should redeploy its unemployed surplus labour to essential services industries

KUALA LUMPUR, May 29 — Malaysia needs a dynamic labour market policy in order to address a labour market disequilibrium which was the result of the Covid-19 pandemic and movement control order (MCO) put in place to control the disease’s infection rate. The Department of Statistics Malaysia...

29 May 13:00 Malaymail 302165935263396456.html
Bank of New York Mellon Corp Has $20.07 Million Stake in Match Group Inc (NASDAQ:MTCH)

Bank of New York Mellon Corp boosted its position in shares of Match Group Inc (NASDAQ:MTCH) by 10.9% during the first quarter, HoldingsChannel reports. The institutional investor owned 303,838 shares of the technology company’s stock after purchasing an additional 29,902 shares during the period. Bank of New York Mellon Corp’s holdings in Match Group were […]

29 May 13:34 Markets Daily 6922190228870657817.html
Thierry Delaporte, the first foreign CEO of Wipro, is no stranger to Indian IT

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

29 May 13:19 The Economic Times 7653256037122761091.html
Madras High Court issues notices to Franklin Templeton MF, Sebi: Investors Group

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

29 May 13:22 The Financial Express 1288289579541332474.html
GoodChips expands certification to global market with Azwood Energy

A leading energy supplier within New Zealand is enabling GoodChips® to grow its international base.

29 May 13:34 www.voxy.co.nz 6138926315356782702.html
Energy Commission to hold competitive bidding process for LSS photovoltaic plant development

PUTRAJAYA, May 29 — The Energy Commission (EC) will hold a competitive bidding process to select a company or a consortium for the development of a large-scale solar (LSS) photovoltaic (PV) power plant costing RM4 billion in Peninsular Malaysia with a target capacity of 1,000MWac. The EC, in a...

29 May 13:56 Malaymail 302165935885249633.html
SA sports federations highlight the importance of the safe return of sports

Following the recent announcement regarding the regulations governing Alert Level 3, the financial survival of many sports in South Africa remains uncertain.

29 May 13:23 Sport 682566035219947609.html
Coffee maker JDE Peet's shares pop 15% after $17 billion virtual IPO

AMSTERDAM (Reuters) - Shares in coffee maker JDE Peet’s surged 15% in their stock market debut on Friday as investors jumped on the only big European IPO launched during the coronavirus crisis.

29 May 13:50 Reuters 8334514180678443740.html
Goldman Sachs president says bank on track to meet growth goals

Waldron was speaking at a virtual conference to investors and analysts who are listening closely for indications on the financial health of the largest US banks and their predictions for an economic recovery.

29 May 13:50 The Financial Express 1288289580826283734.html
Hog farms in coronavirus crisis need more aid, say producers

More federal aid is needed if hog farmers are to survive the coronavirus pandemic, which has depressed market prices and slowed pork production.

29 May 13:43 Successful Farming 8502642054409310994.html
Toronto lowers property taxes for music venues

The city is providing immediate and retroactive rent relief to help live music survive the pandemic and recover once concerts return

29 May 13:48 NOW 7434691886781694152.html
India GDP Q4: At 4.2% GDP Growth Lowest in 11 Years But Better Than Expected | Explained in 10 Points

RBI Governor Shaktikanta Das said the economic growth in 2020-21 is likely to be in the negative territory as the "macroeconomic impact of the pandemic is turning out to be more severe than initially anticipated".

29 May 13:03 India News, Breaking News, Entertainment News | India.com 7150386083582528444.html
Elon Musk Awarded $800 Million For Doing His Job

Elon Musk has taken Tesla, the world's largest electric vehicle manufacturer, for a wild ride in the last c...

29 May 13:01 CarBuzz 4034462236757240431.html
Irish Water and Tipperary County Council working to restore water supply in Kilross Co. Tipperary

Irish Water is working in partnership with Tipperary County Council to carry out essential repairs to a burst watermain in the Kilross area. This is affecting water supply to Bruce Walk, Lattin, Shron...

29 May 13:30 TipperaryLive 1097599577890840770.html
Slim Vaccine Chances Make iBio Stock Too Speculative Here

Every investor is betting on a vaccine. Unfortunately, the case for IBIO stock is simply too speculative, as its trials remain under wraps.

29 May 13:10 InvestorPlace 24614509967572956.html
Russell Investments Group Ltd. Raises Stake in Match Group Inc (NASDAQ:MTCH)

Russell Investments Group Ltd. boosted its position in Match Group Inc (NASDAQ:MTCH) by 117.7% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 46,850 shares of the technology company’s stock after buying an additional 25,326 shares during the […]

29 May 13:34 Markets Daily 6922190228782601461.html
Sun Pharma to test two drugs for treatment of Covid-19, stock up 3.5%

At present there are three clinical trials underway to test nafamostat in Covid19 patients around the world

29 May 13:55 Business-Standard 1502508926646734867.html
Australia's 'war cabinet' shifts focus to jobs

Australia's "war cabinet" will meet every month to focus on bringing unemployment down after successfully slowing the spread of the novel ...

29 May 13:51 CNA 5644198864260411077.html
The HP example: How to do collaboration and remote work right

Companies that figure out how to carry on successfully with a distributed workforce can emerge from the ongoing pandemic stronger than before. HP offers lessons on how to do that.

29 May 13:22 Computerworld 8450890021209975874.html
J. C. Penney Goes Bankrupt With No Recovery For Shareholders

J. C. Penney filed for bankruptcy and its restructuring support agreement includes no recovery for shareholders. It plans to split into a REIT and an operating

29 May 13:41 Seeking Alpha 5725634556471692995.html
‘Luminaire of the Future’ aims to revolutionise the European lighting industry

Wilfred Pohl explains how the customisable and sustainable ‘Luminaire of the Future’ aims to revolutionise European lighting in the workplace

29 May 13:33 Open Access Government 7441385493658188565.html
Wall Street opens mixed as investors wait for US Pres. Trump's announcements on China

Wall Street's main indexes started the last day of the week on a mixed tone as investors seem to be staying reluctant to make large bets ahead of US P

29 May 13:54 FXStreet 4480975638593199714.html
Uber introduces a new hourly rate for longer, multistop trips

Uber will charge $50 an hour for these longer trips.

29 May 13:18 The Verge 1337119303300853172.html
Electricity distribution operators survived COVID-19 emergency

Electricity distribution operators successfully kept lights on for the world during the lockdowns imposed in the initial stages of COVID-19 emergency.

29 May 13:58 ESI-Africa.com 2679729877922433470.html
Market movers: Stocks seeing action on Friday - and why

Laurentian down sharply after dividend cut; Canopy sinks on earnings

29 May 13:47 The Globe and Mail 68426411166762546.html
Financial sector weighs on Toronto, U.S. stock markets mixed in early trading

TORONTO — Canada's main stock index fell in early trading as losses in the heavyweight financial sector offset gains by materials stocks. The S&P/TSX composite index was down 63.98 points at 15,198.75.

29 May 13:48 KitchenerToday.com 52741010189574190.html
Renault To Cut Nearly 15,000 Jobs, Alpine A110 Future In Doubt

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

29 May 02:38 Motor1.com 1648269241399631840.html
Lockdown impact: Economy seen slowing rapidly in March qtr, with worse to come

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

29 May 02:48 India Today 4286117813347177802.html
Global stocks slip as markets await Trump's HK response

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

29 May 02:51 Malaymail 302165936440667508.html
Dollar bides time, yuan falls before Trump takes stage on China

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

29 May 02:08 Financial Post 2379081492604326757.html
Sanwo-Olu assures Lagosians of affordable housing

Lagos State Governor Babajide Sanwo-Olu said on Thursday that his administration would make available affordable and accessible housing for residents....

29 May 02:34 Latest Nigeria News, Nigerian Newspapers, Politics 2658445900085340590.html
Group faults removal of Mohammed as TCN MD

Nigerian Power Consumers Forum (NPCF) has faulted the removal of Mr Usman Gur Mohammed as the Managing Director, Transmis

29 May 02:57 Vanguard News 4125100339546295899.html
Russia’s Largest Bank, Sberbank, Calls on Suppliers to Provide 4,917 ATMs that come with Graphic Cards to Perform “Blockchain Operations”

Russia’s largest banking institution, Sberbank, has reportedly called on local suppliers to provide 4,917 ATMs that come with built-in graphic cards that can

29 May 02:11 Crowdfund Insider 6834688072213710405.html
FDI inflows surge 18% in 2019-20 to record $74 billion

India Business News: India’s FDI inflows, including reinvested earnings, rose 18% to a record $73.5 billion during 2019-20, buoyed by a spurt in inflows into computer hard

29 May 02:00 The Times of India 6060938663426073075.html
Outlook & trading strategies for Silver, crude oil by Tradebulls Securities

The outperformance in Silver is because it could benefit from optimism about increased industrial demand as economies reopen following the COVID-19 pandemic

29 May 02:36 Business-Standard 1502508925761420466.html
U.N. calls on nations to take action in six areas to limit COVID-19's financial impact

May 28 (UPI) -- U.N. Secretary-General Antonio Guterres on Thursday called for countries throughout the world to work to take action in six areas to limit the financial impacts of the COVID-19 pandemic.

29 May 02:30 UPI 8257973864198460673.html
Australia's greenhouse gas emissions fall slightly in 2019

MELBOURNE (Reuters) - Australia’s greenhouse gas emissions fell just 0.9% in 2019 as increasing emissions from liquefied natural gas (LNG) export plants largely offset declines in the power and farm sectors, government data showed on Friday.

29 May 02:16 Reuters 8334514180439033318.html
Nifty view & stock calls by Nilesh Jain of Anand Rathi: Buy Titan, HCL Tech

If Nifty is unable to surpass its previous swing high of 9584.5, we can expect profit booking at higher levels

29 May 02:21 Business-Standard 1502508925377764465.html
Renault poised to announce 15,000 layoffs worldwide: union

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

29 May 02:40 CNA 5644198862558315927.html
Novartis to make US researchers' COVID-19 gene therapy vaccine hopeful

Novartis re-entered vaccine making on Thursday, inking a manufacturing deal with a US team whose COVID-19 candidate relies on technology similar to that of the Swiss drugmaker's $2.1 million-per-patient gene therapy, Zolgensma.

29 May 02:07 Bdnews24 8119004129165529151.html
Costa Group CEO Harry Debney to bow out

After a volatile decade including a public float in 2015, a profit wipeout in 2019 and steady navigation through COVID-19, the boss is departing.

29 May 02:34 Australian Financial Review 3974284487429636303.html
PARTLY FALSE: First Philippine Holdings 'made P24.6B profit, but only paid P10M income tax'

The P10 million that First Philippine Holdings Corporation paid in income tax is part of a total of P5.175 billion in income taxes that the company and its subsidiaries paid in 2019

29 May 02:45 Rappler 1882105643383652025.html
Transport fare rises despite drop in petrol price in April

The price paid by passengers  for bus, motorcycle and water way journeys rose despite  the decline in the petrol price in April.

29 May 02:55 Vanguard News 4125100339352999706.html
Aimia vows to fight Air Canada's court move to halt upcoming merger

Aimia Inc. says it plans to defend itself against a move by Air Canada in Quebec Superior Court to halt a merger that the smaller company sees as key to its corporate reinvention.

29 May 02:59 CTVNews 2422791598901699256.html
Rising US job losses stir fears of lasting economic damage

WASHINGTON — The coronavirus crisis threw at least 2.

29 May 02:09 KitchenerToday.com 52741009837174473.html
Rising US job losses stir fears of lasting economic damage

WASHINGTON — The coronavirus crisis threw at least 2.

29 May 02:09 KitchenerToday.com 52741008729696000.html
Rony Abovitz confirms Magic Leap's new funding, will step down as CEO

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

29 May 02:35 Engadget 96641516207419634.html
USD/CNH struggles to hold near to 7.20, bearish bets of weaker dollar play out

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

29 May 02:00 FXStreet 4480975639034592993.html
WTI Price Analysis: Oil eyes record monthly surge

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

29 May 02:52 FXStreet 4480975638205860597.html
Mark Cuban lays out his plan to boost post-COVID economy: 'Give people checks that they have to spend'

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

29 May 02:07 Fox News 7362823820147151539.html
NZ FinMin Robertson: Economy is opening up and improving

New Zealand’s (NZ) Finance Minister Grant Robertson came out on the wires on Friday, via Reuters, noting that the economy is opening up and improving.

29 May 02:05 FXStreet 4480975640158027202.html
Regulator Asks 5 Firms To Recall Diabetes Drug Over Carcinogen Concerns

The US Food and Drug Administration (FDA) said on Thursday it has recommended five pharmaceutical firms to voluntarily recall their diabetes drug metformin after the agency found high levels of a possible cancer-causing impurity in some versions of the medication.

29 May 02:54 NDTV.com 5090057681689564229.html
Green Dot To Launch Mobile Banking For US Immigrants

Welcome Technologies is partnering with Green Dot for the PODERCard, which will help U.S. Hispanic immigrants access digital banking services.

29 May 02:00 PYMNTS.com 7357138826047727352.html
Consumer confidence lifts in May but still at record lows - bank survey

Major purchase intentions have improved but over half of respondents expect bad times ahead.

29 May 02:00 Newshub 2131266986620812823.html
AUD/USD: Bulls and bears jostle above 0.6600 amid risk-off sentiment

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

29 May 02:21 FXStreet 4480975638289456668.html
Google Rescinds Offers To Thousands of Contract Workers

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

29 May 02:05 tech.slashdot.org 8720761277124249631.html
Nissan Shares Fall as Turnaround Spending Leads to Massive Loss

Nissan Motor Co. shares fell as much as 7.7% after the Japanese automaker posted a 671 billion yen ($6.2 billion) net loss for the latest fiscal year due to new restructuring measures and the coronavirus pandemic.

29 May 02:17 Daily Maverick 2373996787902850690.html
ASX climbs 4.2pc in May as fallen stocks find favour

A miraculous late run for the banks lifted the ASX from a mediocre month to sharp rise, adding to a rebound for mining, tech and restrictions-hit companies.

29 May 07:10 Australian Financial Review 3974284486438766064.html
Why the national cabinet must brace for the jobless wave

An analysis of the JobKeeper numbers shows how complicated a return to higher levels of employment will be.

29 May 07:23 Australian Financial Review 3974284486371593875.html
BoC: The most depleted stockpile of monetary policy ammo any modern governor has inherited – NBF

Warren Lovely and Taylor Schleich from the National Bank of Canada offer up some high-level commentary on how certain conditions evolved under Poloz’s

29 May 07:13 FXStreet 4480975638586137100.html
Court rules Bendigo Bank small business loans were 'unfair'

Federal Court finds Bendigo Bank breached unfair contracts provisions after ASIC probe, in a ruling that will apply to all lenders across Australia.

29 May 07:21 Australian Financial Review 3974284486595597244.html
Tesla CEO Elon Musk gets $700 million in first performance-based payout

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

29 May 07:40 Engadget 96641514478965466.html
India, US could strike a ‘smaller’ trade deal in the coming weeks: Indian envoy

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

29 May 07:10 TechGenyz 5378425016004523179.html
When are the Eurozone Preliminary CPIs and how could they affect EUR/USD?

Eurostat will publish the first estimate of Eurozone inflation figures for May at 0900 GMT this Friday. The headline CPI is anticipated to come in sof

29 May 07:54 FXStreet 4480975638324508177.html
USD/CNH: Extra gains need to clear 7.2000 – UOB

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

29 May 07:39 FXStreet 4480975639883070391.html
VW spending $2.2B to expand in China's electric car market

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

29 May 07:58 Tech Xplore 4945708899343696713.html
Australian Pubs to Offer Free Beer as Breweries Rolling Out Free Kegs

It's been two months since pubs, bars and restaurants were forced to shut their doors in Australia due to the ongoing coronavirus pandemic and a lockdown, which the...

29 May 07:04 Sputniknews 967333869198222697.html
Pandemic hit to Japan's factory, retail sectors deeper than expected; jobless rate up to 2.6%

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

29 May 07:01 Japan Today 8582716285833130696.html
How coronavirus is reshaping the mobility industry, from EVs to supply chains

The current crisis is first and foremost humanitarian, with 300k casualties to date worldwide and massive joblessness. It is also economic, with almost all companies having financial difficulties and many collapsing. However, a few sectors are currently booming (e.g. deliveries), some will benefit from a crisis-induced tailwind, while others will continue to suffer for years […]

29 May 07:13 The Next Web 3990801509543399542.html
Robinhood Names Surabhi Gupta as VP of Engineering

Robinhood has expanded its Engineering team with the appointment of Surabhi Gupta, who has been named as the Vice President of Engineering.

29 May 07:13 Finance Magnates 8992138266097696111.html
USD/JPY drops to near 2-week lows amid escalating US-China tensions

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

29 May 07:11 FXStreet 4480975639496828207.html
Nottingham council suspends tendering new contracts worth £25 million over coronavirus

“The current COVID situation means we wouldn’t be able to successfully run a re-tendering exercise"

29 May 07:57 NottinghamshireLive 5149776701555398547.html
Volkswagen invests €2b in Chinese electric vehicle sector

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

29 May 07:46 Malaymail 302165935428917796.html
Yen perks up, dollar sags as markets jittery before Trump speaks on China

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

29 May 07:27 Malaymail 302165935835125497.html
UPS Adds Peak Delivery Surcharge To Manage eCommerce Demand Amid Pandemic

UPS will charge an extra fee for companies shipping certain amounts of packages.

29 May 07:01 PYMNTS.com 7357138826575622443.html
EUR/USD: Four reasons for a correction

EUR/USD has hit 1.11 – the highest since March – amid hopes for EU stimulus, dollar weakness but the sharp run may be followed by a temporary rethink

29 May 07:36 FXStreet 4480975638875060674.html
Yogi Govt To Sign Pact With Industry Bodies To Provide Employment To 9.5 Lakh Workers Each Year

The Yogi Adityanath led Uttar Pradesh government will today (29 May) sign a memorandum of understanding (MoU) with the industry bodies like Indian Industries Association (IIA), National Real Estate Development Council and Confederation of Indian Industry (CII) to provide employment to 9.5 lakh workers in the state, Times of India has reported.

29 May 07:43 Swarajya 4977622828489669335.html
Govt moves to halt crude export in natural state - The Nation Nigeria

In its bid to sustain the economy following the COVID-19 pandemic, the Federal Government (FG) is putting plans in motion to implement ways to halt...

29 May 07:19 Latest Nigeria News, Nigerian Newspapers, Politics 2658445900126787955.html
Tokyo stocks close lower on US-China tension

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

29 May 07:43 Malaymail 302165934904464356.html
ACT govt rules out business loans and grants, hospitality package welcomed

Chief Minister Andrew Barr says assistance for other ailing sectors is being considered.

29 May 07:30 The Canberra Times 8662394328659434811.html
Scrapping of 7.75% savings bonds to hit savers, pensioners

According to fund managers and analysts, the 7.75 per cent Savings (Taxable) Bonds, 2018 was the favourite investment option for savers and pensioners who considered these bonds as safe and generating adequate returns.

29 May 07:46 The Indian Express 2885715103784300995.html
Spykar Lifestyles makes a return to the new normal; resumes operation in 37 stores

The company which in all runs 350 stores across the country, claims to have got 45-55% of its business back

29 May 07:03 The Financial Express 1288289580926213860.html
China ahead of India in South Asian trade and investment

The Island / ANN China has made inroads into South Asia by bolstering trade and investment with Nepal, Afghanistan, the Maldives, and Sri Lanka, and this mainly reflects the region’s strategic importance for China’s Belt and Road Initiative (BRI), particularly the smaller South Asian countries, says a new study.

29 May 07:15 Eleven Media Group Co., Ltd 2672168647847468811.html
The Time For The Soybean Bull Market Has Not Come Yet

The current soybean futures price is at the minimum of its five-year range. The first USDA forecast allows us to hope that the U.S. soybean ending stocks will d

29 May 07:32 Seeking Alpha 5725634557958429161.html
We’ll probably lose 1-2 years of our economic life to Covid: Indranil Sengupta

‘Indias GDP may contracts 1.3 per cent in benign case, and go up to minus 5 per cent in worst case

29 May 07:26 The Economic Times 7653256038006586449.html
Coronavirus may lead to $8.5 trillion loss in global output, sharpest since Great Depression: UN

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

29 May 07:04 Business Today 1145527432729443039.html
Bitcoin PoS Is the New Coin to Revolutionize the Crypto World

Investing in Bitcoin (BTC) is now expensive, and getting your own through mining is nearly impossible for the average person. However, a new opportunity can be found in Bitcoin PoS.

29 May 07:00 BTC Manager 8549607151840032140.html
Capital flows running out of steam as DIIs taper after FPIs

After some relief was seen in April when the pace of FPI selling eased as central banks across the world announced stimulus packages, both local and foreign investors seem to have run out of steam.

29 May 07:40 The Financial Express 1288289579854273315.html
Renault to cut 14,600 jobs worldwide and lower capacity

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

29 May 07:56 The Irish Times 8204772967574399179.html
How the North East can build back better after coronavirus

In the final part of our series for the Passionate People, Passionate Places campaign, we ask business, political and charity leaders on how the region can return better after the coronavirus outbreak

29 May 07:19 ChronicleLive 1984146902747860253.html
Buhari seeks Senate’s approval for $5.513b external loan

The Federal Government also intends to borrow Euro 995million from the Export-Import Bank of Brazil to support Green imperative and enhance the....

29 May 07:10 Latest Nigeria News, Nigerian Newspapers, Politics 2658445900548703221.html
India's lockdown strictest; economic impact to be deeper than other countries: Jefferies

A US investment bank report says India's detection rates have also climbed lately and doubling rate has plateaued at ~13-day level; medical infra is now getting stretched in certain cities, with hospitals at 100 per cent plus capacity utilisation in Mumbai, says report

29 May 07:42 Business Today 1145527432168346761.html
Ardagh to repay debt as it raises $715m in bond sale

Glass and metal container group led by Paul Coulsen operates facilities in 12 countries

29 May 07:36 The Irish Times 8204772968903832020.html
US Dollar Index drops to 2-month lows near 98.20 ahead of Trump

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

29 May 07:21 FXStreet 4480975640048749321.html
Hostel owner Safestay positive it can welcome back guests under new plans

London-listed hostel owner Safestay has said it plans to reopen over the course of the year but with major changes to the experience for customers, the company said.

29 May 07:47 independent 5894610844923098472.html
University Community Rises To The Challenge Of Creating Solutions For New Zealand’s Problems

COVID-19 disruption, microplastics disposal, pet data management and marine health are just some of the many problems tackled in this year’s Velocity Innovation Challenge competition.

29 May 07:51 SCOOP 5315658999796352070.html
GWM announces senior leadership for its Indian subsidiary

Auto manufacturer GWM has announced the appointment of James Yang as president for its Indian subsidiary. The company has also appointed Parker Shi as managing director for the Indian subsidiary. Continue Reading →

29 May 07:27 News Today 4115950002304015712.html
Taiwan analog IC firms to post revenue growth in 2020

Taiwan-based analog IC suppliers, pinpointed as among the beneficiaries of US-China trade tensions, are expected to post impressive revenue results for 2020 despite coronavirus headwinds, according to industry sources.

29 May 07:01 DIGITIMES 8411283748667658889.html
India may see a trade surplus after 10-12 years; to keep currency stable: Prashant Jain

‘Sectors where the fixed costs component is higher will be hit sharply

29 May 07:17 The Economic Times 7653256037890883673.html
Tokyo shares snap 4-day winning streak amid U.S.-China tensions

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

29 May 07:00 Japan Today 8582716286508229010.html
Foxsemicon to enjoy revenue growth in 2020

Semiconductor equipment maker Foxsemicon Integrated Technology, an affiliate of the Foxconn Group, is expected to post on-year revenue growth in 2020, according to industry sources.

29 May 07:29 DIGITIMES 8411283748997841361.html
Breaking: SC of The Bahamas to Implement Massive Regulatory Changes

The Securities Commission of The Bahamas is set to implement a range of new regulations, including leverage restrictions and banning binary options.

29 May 07:30 Finance Magnates 8992138266332190382.html
Sainsbury's new boss Roberts faces unexpected in-tray

When Sainsbury's new boss Simon Roberts hosts a virtual focus group with supermarket shoppers on his first day in charge on Monday, the ...

29 May 07:15 CNA 5644198864114016770.html
Chassis specialist Ju Teng upbeats about 3Q20 orders

Chassis maker Ju Teng International expects the prevailing robust demand from the notebook sector to last into the third quarter of 2020, having experienced strong order pull-ins from clients in the second quarter.

29 May 07:21 DIGITIMES 8411283748679831029.html
UK automotive production at lowest level since WW2, to cost industry $15B

With auto factories closed due to coronavirus, it's clear that production was going to take a hit. Now we know just how big an impact it had in the UK.

29 May 07:34 The Next Web 3990801509976760384.html
Property investor IPUT increases revolving credit facility by €50m

IPUT, one of Ireland's largest institutional property investors, has increased its revolving credit facility (‘RCF’) by €50m to €300m.

29 May 07:36 independent 5894610845267568909.html
MBBS fee hike in Punjab: ‘It seems govt wants to make studying medicine unaffordable for the poor’

The critics also lashed out at the decision to increase the fee at a time when doctors are at the frontline fighting the Covid-19 pandemic, calling the move "shameful".

29 May 07:01 The Indian Express 2885715104836119357.html
Be sympathetic regarding fee payment, consider alternative options: UGC to colleges

Students and parents claim that several colleges and higher education institutes are 'insisting upon immediate payment' of the annual fee and exam fee among other payments.

29 May 07:18 The Indian Express 2885715105035764072.html
French carmaker Renault announces 15,000 job cuts worldwide

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

29 May 07:50 The Economic Times 7653256037411750161.html
Renault to cut 15,000 jobs in US$2.2b cost cutting plan

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

29 May 07:13 CNA 5644198863133049479.html
Wipro share price gains nearly 6% after Thierry Delaporte named new CEO and MD

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

29 May 07:18 Business Today 1145527431060352636.html
India, US could strike a 'smaller' trade deal in the coming weeks: Indian envoy

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

29 May 07:06 The Economic Times 7653256037824296285.html
Students protest cuts to Sydney University's arts and social science faculty

About 8 per cent of courses across the university's arts and social sciences faculty will be cut according to early estimates.

29 May 07:15 The Age 7967730562221550466.html
EUR/USD: The trend is positive but a setback is on the cards

Another day, another round number smashed – at 1.11, the world's most popular currency pair is trading at the highest since March while Friday's four-

29 May 07:18 FXStreet 4480975638643350717.html
RBI imposes Rs 4 crore penalty on Citibank; here’s why

The RBI has also imposed penalty on three co-operative banks for non-compliance with various directions issued by it.

29 May 22:28 The Financial Express 1288289581373871533.html
Financial Markets Continue To Rise Despite Dismal Employment Data

The April unemployment rate was 14.7 percent as jobless claims continue to roll in. Q1 GDP was down 5 percent. If consumer spending does not rebound, then the r

29 May 22:58 Seeking Alpha 5725634556618538473.html
ASIC flags payday lending concerns once COVID-19 fiscal stimulus dries up

More Australians will likely turn to high-risk payday loans when existing coronavirus stimulus measures run out in September, ASIC has warned.

29 May 22:10 The New Daily 5848147786963979190.html
Digital Transformation: Only 40% of Consumers Expect to Visit Physical Bank Branches After COVID-19, a Survey by Fintech Novantas Reveals

The month of April 2020 saw a dramatic 200% surge in the number of new mobile banking registrations, meanwhile, mobile banking traffic increased by 85%, accordi

29 May 22:54 Crowdfund Insider 6834688072203071394.html
Exclusive: Brazil's Embraer draws foreign interest after Boeing rift - sources

Aircraft makers are circling Brazil's Embraer weeks after Boeing ditched plans for a historic commercial aviation tie-up, people familiar with ...

29 May 22:20 CNA 5644198864228917936.html
Oil surges 88% in May, posting its best month on record

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

29 May 22:06 Business Insider 3364799146599831623.html
This is the Level Chainlink Needs to Surmount to See “Swift Rally” to Fresh Highs

Chainlink (LINK) could soon find itself caught within an uptrend that leads it up to fresh all-time highs if it breaks one key resistance level.

29 May 22:00 NewsBTC 7232133510944601839.html
Indian manufacturers hail end to export curbs on paracetamol APIs

India has the capacity to export 4,000 metric tonnes of paracetamol APIs every month

29 May 22:12 Business Today 1145527431049114782.html
Developers vow to keep building skyscrapers, even as tech firms ditch their offices

Construction projects in Toronto and Vancouver continue as companies embrace working from home

29 May 22:32 The Globe and Mail 68426410811558035.html
Forbes Magazine Has Revoked Kylie Jenner’s Billionaire Status And Accused Her Of Lying

She's only worth a paltry $900 million.

29 May 22:59 Pedestrian TV 5961900145578169809.html
Stablecoins Could Reach $1 Trillion Market Cap in 5 Years, According to Experienced Venture Capitalist focused on Blockchain Space

Lou Kerner, an advisory board member at Blockchain Coinvestors, a distributed ledger technology (DLT)-focused venture capital fund of funds that makes strategic

29 May 22:35 Crowdfund Insider 6834688073476828897.html
WHO, 37 countries launch alliance to share tools to battle COVID-19

Thirty-seven countries and the World Health Organization (WHO) appealed on Friday for common ownership of vaccines, medicines and diagnostic tools to tackle the global coronavirus pandemic, taking

29 May 22:49 Deccan Herald 2027555796522870163.html
Bitcoin Daily: BitClave Settles SEC Charges By Agreeing To Return ICO Proceeds; Authentication Startup Magic Notches $4M In Funding

The SEC unveiled charges against BitClave PTE Ltd. for allegedly conducting an unregistered initial coin offering (ICO).

29 May 22:57 PYMNTS.com 7357138825795799036.html
Airline success is not just about profitability

It's about delivering on shareholder objectives.

29 May 22:58 Moneyweb 1092550947155810644.html
WHO, 37 countries launch alliance to share tools to battle COVID-19

Thirty-seven countries, including Bangladesh, and the World Health Organisation appealed on Friday for common ownership of vaccines, medicines and diagnostic tools to tackle the global coronavirus pandemic, taking aim at patent laws they fear could become a barrier to sharing crucial supplies.

29 May 22:26 Bdnews24 8119004130148048220.html
Zoom Video Jumps to Record With Market Cap Now Above $50 Billion

Zoom Video Communications Inc. soared to a record on Friday with a rally in the last hour of trading helping the company close with a market value above $50 billion for the first time.

29 May 22:52 Bloomberg 4032480122172310644.html
Move 4 Less offers free moves to four families

The COVID-19 virus has triggered economic hardship throughout the Las Vegas community with many people struggling to pay their mortgage or rent. To help ease their burden, Move 4 Less has created t...

29 May 22:09 Las Vegas Review-Journal 8640648837290934106.html
Summerlin showcases The Cliffs

The Cliffs village in Summerlin is aptly named for its picturesque ridgeline that forms the village’s spectacular backdrop. One of the most popular spots for those seeking the home of their d...

29 May 22:13 Las Vegas Review-Journal 8640648836972366890.html
Canada's economy shrinks 8.2% in Q1 2020

The drop in Canada's gross domestic product in the 1st quarter of 2020 is the sharpest since the 1st quarter of 2009

29 May 22:30 Rappler 1882105643223327630.html
Retail sector braces for more pain as PAS Group collapses

Retailers will need to pull out all the stops to survive the looming recession after another major Australian business succumbs to the coronavirus.

29 May 22:05 The New Daily 5848147786178208069.html
A case study in how not to invest in bank stocks

Stay clear of these complicated investments

29 May 22:00 The Globe and Mail 68426411490817335.html
Chicago Purchasing Managers Index Tumbles To 38-Year Low

The widely watched Chicago Purchasing Managers Index fell to 32.3 in May, hitting its lowest level since the recession year of 1982.

29 May 22:47 PYMNTS.com 7357138826717892493.html
Tesla's EV Market Share Is Low And Falling

What have you, the investor, assumed for Tesla’s EV market share? Both globally, and in Europe? You are about to find out the real numbers. Investors who are sh

29 May 22:13 Seeking Alpha 5725634556375606712.html
Germany, Brussels seal pact on Lufthansa rescue plan: sources

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

29 May 22:00 Digital Journal 4566489172678428961.html
Niti Aayog explains how India can access carbon credits worth $50-60 billion

In India, there has been a long history of farming that is based on traditional and environment-friendly practices. The state of Sikkim became the first-ever organic state in the world and was awarded the UN Future Policy Gold Award, 2018.

29 May 22:10 The Financial Express 1288289580599430448.html
United Airlines cutting 13 top jobs, adding int'l flights in July

United Airlines Holdings Inc said on Friday it will eliminate 13 officer positions even as it adds international flights back to its network, part of a restructuring to address the hit on its business from the coronavirus pandemic.

29 May 22:34 Financial Post 2379081492426314613.html
Massey's Alison Brook looks at how we are responding to a world-scale natural disaster that is killing jobs super-fast and what the resulting long-term unemployment will will do to economic prospects

Massey's Alison Brook looks at how we are responding to a world-scale natural disaster that is killing jobs super-fast and what the resulting long-term unemployment will will do to economic prospects

29 May 22:52 interest.co.nz 6454226275762366031.html
United Airlines cutting 13 top jobs, adding international flights in July

(Reuters) - United Airlines Holdings Inc (UAL.O) said on Friday it will eliminate 13 officer positions even as it adds international flights back to its network, part of a restructuring to address the hit on its business from the coronavirus pandemic.

29 May 22:37 Reuters 8334514180820799553.html
Can this couple support their autistic child throughout her life while hitting retirement goals?

They are also looking to accumulate enough savings and investments to allow them to retire comfortably in their early to mid 60s. Their retirement spending goal is $90,000 a year after tax

29 May 22:00 The Globe and Mail 68426411408576874.html
Major Market Indicators Report June 2020: Downshifting To Neutral

U.S. equity markets stage a V-shaped recovery as our indicators shift down to neutral. Our risk adjusted fair value target on the S&P 500 is 3,080, representing

29 May 22:08 Seeking Alpha 5725634557241514983.html
Has online grocery shopping peaked?

Americans, it turns out, would rather visit a store than buy food online.

29 May 22:02 Moneyweb 1092550946757091899.html
Angus Kebbell talks to a Hurunui River dairy farmer and DOC's chief scientist about how land use changes brought by irrigation are changing the river catchment water quality

Angus Kebbell talks to a Hurunui River dairy farmer and DOC's chief scientist about how land use changes brought by irrigation are changing the river catchment water quality

29 May 22:30 interest.co.nz 6454226277491753694.html
Printing machinery maker launches UV system to disinfect everything from keys to shoes, fish, vegetables and even malls

In the wake of COVID-19, the global UV disinfection equipment market is projected to grow from $2.9 billion in 2020 to $5.3 billion by 2025

29 May 22:25 Business Today 1145527432682385952.html
US stocks erase losses, finish higher after Trump refrains from China sanctions

US stocks gained on Friday, reversing earlier losses, after President Donald Trump said he would take steps to revoke Hong Kong's preferential t...

29 May 22:09 Business Insider 3364799147455238381.html
Spirit Aerosystems Holdings: Strong Enough To Challenge This Crisis

Spirit AeroSystems Holdings, Inc. has built up a strong cash position to challenge the current crisis. Spirit and its customers - Boeing and Airbus have exclusi

29 May 22:00 Seeking Alpha 5725634556600265688.html
Chile, Peru secure credit lines from IMF amid pandemic

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

29 May 22:50 Digital Journal 4566489171897160625.html
Coronavirus: Sun Pharma to test pancreatitis drug in COVID-19 patients in India

Sun Pharma said the pancreatitis drug, nafamostat mesilate, has been identified as a potential candidate for COVID-19 patients by scientists at University of Tokyo and Leibniz Institute for Primate Research, Germany

29 May 12:19 Livemint 6614605818966064460.html
Fashion retailer PAS group goes into voluntary administration

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

29 May 12:24 The New Daily 5848147785424780122.html
Indian economy grew at just 3.1% in January-March quarter, the slowest in 11 years

Output of eight core industries, meanwhile, declined by a whopping 38.1% in April, as against 9% in March.

29 May 12:32 Scroll.in 8669301694011037395.html
US approves sale of 84 Patriot missiles to Kuwait

The United States said Thursday it has approved the sale of 84 of the most recent generation of Patriot missiles to Kuwait, plus equipment to modernize the country's antimissile program, for a total of $1.425 billion.

29 May 12:30 manilastandard.net 4715274784878894863.html
Breaking: US Personal Spending plunged by 13.6% in April

Personal Spending in the United States declined by 13.6 on a monthly basis in April, the data published by the US Bureau of Economic Analysis showed

29 May 12:31 FXStreet 4480975639537675209.html
The 9 Best Cheap Stocks to Fill Up On Now

Due to the devastation of the coronavirus, cheap stocks are a dime a dozen. However, these nine ideas may offer significant upside.

29 May 12:33 InvestorPlace 24614509259873798.html
Consumer discretionary stocks in the spotlight as U.S. economy reopens

A gradual lifting of lockdowns in some states has stirred hopes for a bounce back for the retailers that make up much of the sector

29 May 12:53 The Globe and Mail 68426410564748733.html
Nordstrom, Inc. (NYSE:JWN) Shares Purchased by Swiss National Bank

Swiss National Bank lifted its holdings in Nordstrom, Inc. (NYSE:JWN) by 23.3% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 421,725 shares of the specialty retailer’s stock after purchasing an additional 79,800 shares during the quarter. Swiss National Bank’s holdings in Nordstrom […]

29 May 12:29 Markets Daily 6922190228623647090.html
GDP growth slows to 3.1% in Q4; core sector output contracts 38.1% in April

India Business News: The gross domestic product or GDP data released on Friday showed that the economy slowed to 3.1 per cent in the January-March quarter, partly as a res

29 May 12:27 The Times of India 6060938663363499666.html
Urban co-operative banks seek guarantee cover for their MSME borrowers

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

29 May 12:11 Business-Standard 1502508925163153227.html
Ethereum Just Breached a Crucial Level, and That Means Bitcoin May Rip Higher

After days of stagnating, both Bitcoin and Ethereum have registered strong gains over the past 48 hours. While it is normally BTC leading the pack, this

29 May 12:00 Bitcoinist.com 1696346936959431748.html
TJ Maxx, Marshalls, HomeGoods to reopen all stores in next month

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

29 May 12:43 KNOE 8 News 9048639191754129419.html
3 Recent Catalysts For Bitcoin

The first involves Square (SQ), which made recurring Bitcoin purchases available to its Cash App customers. The second news involves Shopify (SHOP), which renew

29 May 12:38 Seeking Alpha 5725634556043566642.html
US: Annual core PCE Price Index dropped to 1% in April

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

29 May 12:40 FXStreet 4480975638413295966.html
Volkswagen looking to buy 50% of JAC's parent company

The deal between Volkswagen and Anhui Jianghuai Automobile Group will result in a 50% ownership for each company

29 May 12:53 AutoIndustriya.com 2007465447912547606.html
Bulgaria’s Business Proposes a Package of 54 additional Anti-crisis Measures

Bulgaria’s business and syndicates are proposing a package of 54 additional anti-crisis measures to this country’s cabinet. 

29 May 12:23 novinite.com 4235039571203935310.html
Fighting Covid-19 and building the future Human Resource Capital

Companies must use the pandemic to prepare for a post Covid-19 world

29 May 12:38 BusinessLine 5283600850654658.html
India GDP growth slows to 3.1% in Q4, stands at 11-year low of 4.2% in FY20

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

29 May 12:19 Business-Standard 1502508925541543150.html
AI Startup Accern Secures $13 Million Through Series A Funding Round

Accern, a U.S.-based artificial Intelligence (AI) start-up, announced on Thursday it secured $13 million through its Series A funding round, which was led by Fu

29 May 12:56 Crowdfund Insider 6834688072969401146.html
National Backs Businesses With $10k JobStart

National will provide a $10,000 cash payment to businesses that hire additional staff as part of our commitment to keeping New Zealanders in jobs, National Party Leader Todd Muller and Finance spokesperson Paul Goldsmith have announced.

29 May 12:31 SCOOP 5315658999565250490.html
Covid-19 impact: India GDP growth slows to 3.1% in March quarter

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

29 May 12:21 Livemint 6614605819506458709.html
Netizens weigh in on jobs for foreign workers and locals

Netizens weigh in on jobs for foreign workers and locals

29 May 12:20 The Independent 5308065343210474696.html
China’s First Civil Code Allows Citizens to Inherit Cryptocurrency

The Chinese Parliament has adopted the country’s first Civil Code, which among other things, enables citizens to inherit bitcoin and other cryptocurrencies.

29 May 12:14 BTC Manager 8549607152929163151.html
The Gold/Silver Ratio Begins To Trend Lower

The Gold/Silver ratio reached a new record high in March when silver tanked. The ratio has now dropped below the 100 level as silver continues to recover. Silve

29 May 12:20 Seeking Alpha 5725634557582258328.html
Why Big Pharma Is Betting on Blockchain

The pandemic has exposed major cracks in medical supply chains.

29 May 12:05 Harvard Business Review 4845392231819958459.html
Air Canada is using its business class-only private jets on some routes to make social distancing in the sky easier — take a look at the unique plane

The sub-fleet, known as Air Canada Jetz, typically fly sports teams and its aircraft feature all-business class seating with no pesky middle seats.

29 May 12:16 Business Insider 6060062401061744254.html
Starling Bank Raises £40 Million From Existing Investors, Total Raised for the Year Stands at £100 Million

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

29 May 12:47 Crowdfund Insider 6834688073511321726.html
New entry-level Golf revealed with 1.0-litre petrol engine

The change brings the entry price down to £23,300.

29 May 12:17 Shropshire Star 3480199992208357341.html
Sebi seeks time to file counter in High Court on PIL against Franklin MF

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

29 May 12:23 Business-Standard 1502508924569181185.html
GST Council to meet next month; FinMin not for raising rates on non-essential items

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

29 May 12:15 Oneindia 2023829371544585918.html
Apple Inc. (NASDAQ:AAPL) is Wade G W & Inc.’s 3rd Largest Position

Wade G W & Inc. decreased its holdings in shares of Apple Inc. (NASDAQ:AAPL) by 4.7% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 172,339 shares of the iPhone maker’s stock after selling 8,544 shares during the quarter. Apple accounts for […]

29 May 12:28 Markets Daily 6922190228330404104.html
Synchrony Financial (NYSE:SYF) Position Increased by Commerce Bank

Commerce Bank increased its stake in Synchrony Financial (NYSE:SYF) by 82.7% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 19,239 shares of the financial services provider’s stock after purchasing an additional 8,709 shares during the period. Commerce Bank’s holdings in […]

29 May 12:18 Markets Daily 6922190228072963996.html
Sensex surges 224 points, Nifty reclaims 9,500-mark

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

29 May 12:24 DNA India 7533428661352434069.html
EU Lawlords Put O2 and Three Merger Back on the Cards

The European Court of Justice has thrown out an earlier European Commission antitrust ruling that barred mobile giants O2 and Three from merging, freeing parent companies Hutchison and Telefonica to have another shot at synergising at boardroom level should they remain pumped for that sort of thing.

29 May 12:30 Gizmodo UK 8363059001474023172.html
TCG accused of short-changing PE investors in Haldia Petrochem

In 2015-16, the West Bengal government decided to transfer its stake in Haldia Petrochemicals Ltd (HPL), then a joint venture, to NRI businessman Purnendu Chatterjee’s The Chatterjee Group (TCG), bri

29 May 12:45 BusinessLine 5283600418135689.html
Tackling corona around the world

 A long-term lock-down policy during which schools and work are also shut down, however, would cost much more but save fewer additional lives. This would likely leave society worse off.

29 May 12:48 The Jakarta Post 7678601103408338200.html
How to keep supply chains reliable when the world's upended

In March, as COVID-19 cases spiked across the United States, hospitals faced a harrowing shortage of crucial medical supplies, from face masks and ventilators to the nasal swabs and chemicals needed for ...

29 May 12:47 phys.org 3476726124096601575.html
Govt mulls ban on loose edible oil sales post Covid-19 over health concerns

The ban, if imposed, would affect the poor consumer who buys his requirement in rupee terms from his daily wages, not by weight

29 May 12:54 Business-Standard 1502508925145598463.html
Amazon.com, Inc. (NASDAQ:AMZN) Shares Acquired by Biondo Investment Advisors LLC

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

29 May 12:48 Markets Daily 6922190226885879918.html
USD/CAD hangs near 2-1/2-month lows post-US/Canadian data, focus remains on Trump

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

29 May 12:51 FXStreet 4480975639117540104.html
How to put 'found money' generated from pandemic savings to good use

CALGARY - An elevator salesman in Calgary says two months of working from his house in the northwest part of the city have convinced him there's no plac

29 May 12:00 iNFOnews.ca 6669504244841265290.html
Cambridge Investment Research Advisors Inc. Has $166.59 Million Stock Position in Amazon.com, Inc. (NASDAQ:AMZN)

Cambridge Investment Research Advisors Inc. increased its position in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 7.6% in the first quarter, Holdings Channel.com reports. The institutional investor owned 85,442 shares of the e-commerce giant’s stock after buying an additional 6,025 shares during the period. Amazon.com makes up 1.6% of Cambridge Investment Research Advisors Inc.’s holdings, making […]

29 May 12:48 Markets Daily 6922190228175907058.html
Commerce Bank Buys 847 Shares of Bank of Montreal (NYSE:BMO)

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

29 May 12:48 Markets Daily 6922190228402987245.html
French carmaker Renault to cut 15,000 jobs worldwide

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

29 May 12:49 CTVNews 2422791599140171880.html
Distressed retailer Party City seeks to cut debt with bond deal

Party City Holdco Inc., the retailer that has been working with restructuring advisers to cut its approximately US$2 billion debt load as social distancing scraps celebrations, is seeking approvals from creditors on a proposed deal that would trim its borrowings and inject fresh cash into the company.

29 May 12:29 BNN 3833521687786391936.html
HDB to launch 7,800 BTO flats in August sales exercise, services and construction activities to resume

SINGAPORE: The Housing and Development Board (HDB) will offer about 7,800 flats in its Build-To-Order (BTO) August 2020 sales exercise, it said in ...

29 May 12:10 CNA 5644198862443482039.html
Xi replies to letter from scientific, technological workers

President Xi Jinping on Friday encouraged scientific and technological workers across China to make new and greater contributions to building China into a global power in science and technology.

29 May 12:06 Global Times 7829414520385367433.html
-$0.11 Earnings Per Share Expected for LivePerson, Inc. (NASDAQ:LPSN) This Quarter

Equities research analysts expect LivePerson, Inc. (NASDAQ:LPSN) to report earnings of ($0.11) per share for the current fiscal quarter, according to Zacks Investment Research. Eight analysts have provided estimates for LivePerson’s earnings, with the highest EPS estimate coming in at ($0.08) and the lowest estimate coming in at ($0.14). LivePerson posted earnings of ($0.20) per […]

29 May 12:36 Markets Daily 6922190228744915150.html
Pound Sterling Price News and Forecast: GBP/USD – Falling on Friday? [Video]

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

29 May 12:45 FXStreet 4480975640105020958.html
Swiss National Bank Buys 600 Shares of FirstCash Inc (NYSE:FCFS)

Swiss National Bank increased its stake in shares of FirstCash Inc (NYSE:FCFS) by 0.7% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 82,812 shares of the credit services provider’s stock after acquiring an additional 600 shares during the quarter. Swiss National Bank owned about […]

29 May 12:32 Markets Daily 6922190228600401977.html
Welcome to the Microsoft economy

Stocks were supposed to be mired in a bear market after they plunged in March as the coronavirus pandemic shut business and sent unemployment to its highest rate since the Great Depression. Except they aren't.

29 May 12:36 TechCentral 724913819610437834.html
Google's 5 per cent investment would not provide relief to Vodafone Idea: Report

Google's 5 per cent investment, even if it materialises, would be inadequate to solve debt problems at Vodafone Idea, according to a Credit Suisse report.“While Google's investment into VIL wo

29 May 12:26 BusinessLine 5283601659934867.html
McLaren to reportedly cut about 30% of their employees

Over 1,000 employees will lose their jobs at McLaren Group due to restructuring program

29 May 12:20 AutoIndustriya.com 2007465447658042813.html
Trexquant Investment LP Purchases Shares of 8,789 Global Blood Therapeutics Inc (NASDAQ:GBT)

Trexquant Investment LP purchased a new stake in Global Blood Therapeutics Inc (NASDAQ:GBT) in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 8,789 shares of the company’s stock, valued at approximately $449,000. Other institutional investors also recently modified their holdings of the […]

29 May 12:32 Markets Daily 6922190228058808097.html
South Africa’s trade balance swings to R35bn deficit in April

Imports were down 6.5% to R88.03 billion

29 May 12:35 Moneyweb 1092550948222809834.html
India's Q4 GDP growth falls to 3.1% - worst since 2009 global financial crisis

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

29 May 12:15 Business Today 1145527432738635945.html
Investors, scientists urge IEA head to take bolder climate stance

LONDON (Reuters) - Fatih Birol, the head of the International Energy Agency (IEA), faced renewed calls to take a bolder stance on climate change on Friday from investors concerned the organisation’s reports enable damaging levels of investment in fossil fuels.

29 May 12:49 Reuters 8334514180886689967.html
40,729 Shares in NMI Holdings Inc (NASDAQ:NMIH) Bought by Trexquant Investment LP

Trexquant Investment LP acquired a new stake in NMI Holdings Inc (NASDAQ:NMIH) during the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 40,729 shares of the financial services provider’s stock, valued at approximately $473,000. Trexquant Investment LP owned about 0.06% of NMI at the end of […]

29 May 12:32 Markets Daily 6922190227031655700.html
Mackay Shields LLC Invests $640,000 in MarineMax Inc (NYSE:HZO)

Mackay Shields LLC purchased a new position in MarineMax Inc (NYSE:HZO) during the first quarter, HoldingsChannel.com reports. The fund purchased 61,400 shares of the specialty retailer’s stock, valued at approximately $640,000. Other institutional investors and hedge funds also recently modified their holdings of the company. Acadian Asset Management LLC bought a new position in MarineMax […]

29 May 12:29 Markets Daily 6922190228401338498.html
Salesforce shares dip 4% on light revenue, earnings guidance

Salesforce.com Inc. shares were down 3% in after-hours trading Thursday after the enterprise-content platform reported fiscal first-quarter results that were...

29 May 12:43 MarketWatch 8975941548548507139.html
Optimizing Contractor Payments And Productivity For A Flexible Workforce

Management Controls discusses the value of data analytics in ensuring timely, accurate payments to contractors and promoting productivity amid a pandemic.

29 May 12:00 PYMNTS.com 7357138826717573761.html
Kollect reports rise in revenues as Covid-19 hits waste collections

Start-up refocuses sales on construction sites as Irish economy slowly reopens

29 May 12:35 The Irish Times 8204772968964956351.html
Madison Wealth Management Buys 1,967 Shares of Amazon.com, Inc. (NASDAQ:AMZN)

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

29 May 12:48 Markets Daily 6922190228655235944.html
What markets in north Nottinghamshire will look like when they reopen

Government lockdown guidelines allow them to reopen on June 1

29 May 12:29 NottinghamshireLive 5149776701807832587.html
Covid-19 to have ‘very significant impact’ on Coillte

The chief executive of Coillte, Imelda Hurley, has said the coronavirus pandemic will have “a very significant impact” on the business for at least this year.

29 May 12:06 independent 5894610846044630002.html
Bank of Montreal to Issue Quarterly Dividend of $0.76 (NYSE:BMO)

Bank of Montreal (NYSE:BMO) (TSE:BMO) declared a quarterly dividend on Wednesday, May 27th, Zacks reports. Shareholders of record on Tuesday, August 4th will be given a dividend of 0.76 per share by the bank on Wednesday, August 26th. This represents a $3.04 dividend on an annualized basis and a yield of 6.04%. The ex-dividend date […]

29 May 12:16 Markets Daily 6922190227045457842.html
Invoice Insurance Provider Nimbla Partners Wiserfunding, a Credit Risk Assessment Platform, to Enhance Business Operations

Nimbla, an invoice insurance provider, has partnered with Wiserfunding, a credit risk assessment platform that uses AI tools to evaluate business risk profiles.

29 May 12:17 Crowdfund Insider 6834688073656952919.html
GBP/USD hits 2-1/2-week high, around 1.2365 region ahead of Trump

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

29 May 12:17 FXStreet 4480975638562155597.html
Canada's economy falls by 8.2% annualized in Q1, better than expected, USD/CAD shakes

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

29 May 12:31 FXStreet 4480975639361362074.html
Planning for major projects at industrial and residential development underway

More than a fifth of the 170 hectares of commercial land available at the country’s largest industrial and residential development have now been sold as businesses look to establish large scale local operations in a post-COVID environment.

29 May 12:12 www.voxy.co.nz 6138926315042084607.html
NCS ties up with TCS iON for providing free online skill training to registered job seekers

This course on soft skills assists the learners in enhancing personality development with modules on corporate etiquette, improving interpersonal skills, making impactful presentations, including other necessary soft skills demanded by the industry.

29 May 12:38 The Indian Express 2885715104583327207.html
Sensex, Nifty close higher for third straight session: Key factors behind the share market rally

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

29 May 12:42 Business Today 1145527432039066218.html
New entry-level Golf revealed with 1.0-litre petrol engine

The change brings the entry price down to £23,300.

29 May 12:17 Express & Star 7324224459754534877.html
Mengis Capital Management Inc. Sells 204 Shares of Apple Inc. (NASDAQ:AAPL)

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

29 May 12:28 Markets Daily 6922190228139239416.html
Commerce Bank Buys 2,565 Shares of PolyOne Co. (NYSE:POL)

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

29 May 12:34 Markets Daily 6922190227567139014.html
DraftKings Stock Will Keep Benefitting from Multiple Strong Trends

DraftKings stock will be boosted by the popularity of iGaming and the resumption of professional sports leagues.

29 May 12:18 InvestorPlace 24614510412352681.html
ITC Hotels partners with Swiggy to offer dining experiences at home

ITC Hotels has implemented stringent measures and protocols, including mandatory temperature checks for all chefs and food and beverage associates

29 May 12:01 Business-Standard 1502508924902509273.html
PNC Financial Services Group Inc. Buys 7,890 Shares of Elanco Animal Health (NYSE:ELAN)

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

29 May 12:16 Markets Daily 6922190227772944283.html
Wall Street Has Given Up on These 3 Stocks, and That's a Huge Mistake

There are hundreds of stocks that would have to more than double to revisit their 52-week highs. Let's check out three out-of-favor stocks that are ready to prove the naysayers wrong.

29 May 12:31 The Motley Fool 2231313658749395935.html
Spain's government pushes through basic income guarantee to fight poverty

The Spanish government approved on Friday the creation of a minimum income worth 462 euros ($514) a month for the poorest, Deputy Prime Minister Pablo Iglesias told a news conference, in a scheme tha…

29 May 12:15 France 24 5635134571202168066.html
Coronavirus impact: Daimler India offers free vehicle check-up to BharatBenz customers

Daimler Indian Commercial Vehicles has rolled out a new vehicle checkup and sanitisation campaign for BharatBenz customers and it is free of cost.

29 May 12:25 OVERDRIVE 7781473803102133300.html
Bihar's industries minister writes to 24 companies inviting them to invest

Referring to Bihar as a “central location in eastern India”, Rajak said the state's location midway between UP and Bengal makes it suitable as a manufacturing base for markets in eastern UP, Bengal, Jharkhand, Odisha and the Northeast.

29 May 12:46 The Economic Times 7653256037992039677.html
EasyJet to cut 30% of staff and reduce fleet

THOUSANDS of easyJet staff are to lose their jobs, the airline has announced as it restructures following the coronavirus pandemic.

29 May 12:46 Jersey Evening Post 6141642773893098877.html
Commerce Bank Sells 4,601 Shares of Invesco Ltd. (NYSE:IVZ)

Commerce Bank trimmed its holdings in shares of Invesco Ltd. (NYSE:IVZ) by 10.3% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 40,174 shares of the asset manager’s stock after selling 4,601 shares during the period. Commerce Bank’s holdings […]

29 May 12:34 Markets Daily 6922190228381834628.html
UK has bumper strawberry crop thanks to weather but may not have enough pickers

Brits could be eating loads of strawberries this summer - but are there enough people to pick them?

29 May 12:50 Metro 970161748574947277.html
CannTrust Holdings greenhouse licenses reinstated, plans restart of operations

VAUGHAN, Ont. — CannTrust Holdings Inc. says Health Canada has reinstated its licenses for its greenhouse in Niagara and that it will immediately restart operations.

29 May 12:25 KitchenerToday.com 52741009173765562.html
‘Use CSR initiative to help needy people in Kollidam’

A public welfare organisation has approached the Nagapattinam district administration seeking utilisation of the CSR (Corporate Social Responsibility) funds of the Oil and Natural Gas Corporation for

29 May 12:44 The Hindu 6679535025889622922.html
In Senegal, the struggles of a small airline during coronavirus

Launching an airline in Africa is a notorious challenge in a continent and sector where opportunities are often crimped by regulations and national champions are dominant.

29 May 12:37 News24 3752801376631933928.html
Williams considers sale of Formula One team

Pandemic adds to strain after poor performance on the track and £17m loss

29 May 12:31 Ft 707176888333749923.html
Capital Advantage Inc. Makes New Investment in Amazon.com, Inc. (NASDAQ:AMZN)

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

29 May 12:48 Markets Daily 6922190228763988710.html
GDP growth at 3.1% in Q4 drags full year FY20 growth to 4.2 per cent

The govt has revised growth for the first three quarters of FY20 to 5.2% in Q1, 4.4% in Q2 and 4.1% in Q3.

29 May 12:34 The Economic Times 7653256037299460965.html
Coal India share price up 10% in 5 days; a stock to bet on as India’s power demand gets back on track?

A heatwave spreading across north India and the steady resumption of economic activity has caused a sharp spike in the country’s energy consumption, with this Coal India’s share price has also surged 10% in the last five days.

29 May 12:55 The Financial Express 1288289580031947853.html
The Daily Chase: GDP shrinks 7.2% in March; one-on-one with RBC's CEO

This morning we’ll find out how sharply Canada’s economic output collapsed in the early days of COVID-19 lockdown measures.

29 May 12:40 BNN 3833521689123173906.html
Fusion Family Wealth LLC Has $325,000 Stock Position in Apple Inc. (NASDAQ:AAPL)

Fusion Family Wealth LLC decreased its holdings in shares of Apple Inc. (NASDAQ:AAPL) by 5.1% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,277 shares of the iPhone maker’s stock after selling 68 shares during the quarter. Apple makes up […]

29 May 12:28 Markets Daily 6922190228169555425.html
First-quarter GDP worst showing since 2009: StatCan

Canada's economy had its worst quarterly showing since 2009 through the first three months of 2020 owing to COVID-19, Statistics Canada said Friday, warning an even steeper drop may be coming.

29 May 12:14 CTVNews 2422791599005343207.html
Govt unlikely to press for hike in GST rates for non-essentials next month

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

29 May 12:08 Business-Standard 1502508926526211004.html
Should You Invest in Companies Likely to Benefit from the Great Lockdown?

Is this a recipe for disaster, or could you beat the market by aiming to predict the future?

29 May 12:52 The Motley Fool 2231313657952080257.html
Apple Inc. (NASDAQ:AAPL) Shares Bought by FineMark National Bank & Trust

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

29 May 12:28 Markets Daily 6922190228727315966.html
GDP for 2019-20 Q4 plummets to 3.1%, full year growth at 4.2%

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

29 May 12:19 India Today 4286117813701412525.html
Deflation fears as eurozone price growth falls to four-year low

Economists highlight dangers of an accompanying drop in demand

29 May 12:45 Ft 707176888302048190.html
SPEECH: Todd Muller - Families, Communities, Small Business

It’s great to be in Auckland.

29 May 12:32 SCOOP 5315659000116195901.html
Ashland Global Holdings Inc (NYSE:ASH) Shares Sold by PNC Financial Services Group Inc.

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

29 May 12:16 Markets Daily 6922190227950664883.html
India's GDP Growth Slows To 3.1% In March Quarter, 4.2% For FY20

Output of eight infrastructure sectors contracted by 38.1% in April.

29 May 12:32 HUFFPOST 6665507017308153118.html
Madras High Court issues notices to Franklin Templeton MF, Sebi

Last month, Franklin Templeton had closed six debt funds.

29 May 12:05 The Economic Times 7653256036600987555.html
What does Tesla slashing car prices really mean for the company?

Sales of all autos, generally, tanked in the last two months

29 May 12:00 The Verge 1337119304284393611.html
KEC International Q4 results: Net profit down 3% to Rs 193 crore

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

29 May 12:48 The Economic Times 7653256038373977090.html
Kathmere Capital Management LLC Purchases 3,849 Shares of Apple Inc. (NASDAQ:AAPL)

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

29 May 12:28 Markets Daily 6922190227653277630.html
The coronavirus could mark the rise of automation

The coronavirus pandemic has caused a massive surge in global unemployment. It has also highlighted the increasingly valuable role of automation in today's world.

29 May 12:45 Tech Xplore 4945708899943900374.html
No, Luckin Coffee Is Not 'Too Cheap'

LK stock has briefly caught a bid this week after falling over 95%. On paper, the numbers for LK can work at the current valuation, given cash on the balance sh

29 May 12:40 Seeking Alpha 5725634556288517506.html
Clean energy is outperforming fossil fuels in America, UK and Europe

Renewable power is outperforming fossil fuels in US and European markets, according to a new report published by Imperial College Business School.

29 May 12:45 Tech Xplore 4945708898980992367.html
Renault to cut 15,000 jobs in 'vital' cost-cutting plan

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

29 May 12:30 Rappler 1882105643772097192.html
CannTrust plans to restart Niagara greenhouse after Health Canada reinstates licence

The cannabis company says it cannot say when its products will be available in the market as that depends on a Health Canada decision regarding its manufacturing facility in Vaughan, Ont.

29 May 12:33 The Globe and Mail 68426410424046856.html
Australia cricket faces further cost-cutting despite improved outlook

Australian cricket faces another round of cost-cutting to shore up finances hit by the coronavirus shutdown and no part of the game will be immune, board chief Kevin Roberts said on Friday. Cricket

29 May 12:47 Deccan Herald 2027555796548250263.html
Almost all firms 'forced to rethink tech priorities'

Global pandemic triggers shift to an almost completely digital working set-up.

29 May 12:16 TechRadar 2111116914564721799.html
The future of Indian retail post-Covid

After incurring losses of about ₹90,000 crore this lockdown, the organised retail sector is working on strategies to stay in the game

29 May 12:38 The Hindu 6679535024319971750.html
Tractor Supply (NASDAQ:TSCO) PT Raised to $138.00

Tractor Supply (NASDAQ:TSCO) had its price target boosted by analysts at Royal Bank of Canada from $116.00 to $138.00 in a report issued on Wednesday, The Fly reports. Royal Bank of Canada’s price objective suggests a potential upside of 15.99% from the stock’s current price. A number of other equities analysts also recently commented on […]

29 May 12:40 Markets Daily 6922190228506034820.html
India, US could strike a 'smaller' trade deal in the coming weeks: Indian envoy

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

29 May 12:48 Deccan Herald 2027555796568003260.html
Apple Inc. (NASDAQ:AAPL) is Canton Hathaway LLC’s 4th Largest Position

Canton Hathaway LLC lowered its holdings in shares of Apple Inc. (NASDAQ:AAPL) by 1.3% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 11,627 shares of the iPhone maker’s stock after selling 153 shares during the quarter. Apple makes up 2.1% of […]

29 May 12:28 Markets Daily 6922190228799897068.html
Trexquant Investment LP Has $499,000 Holdings in Clean Harbors Inc (NYSE:CLH)

Trexquant Investment LP raised its stake in Clean Harbors Inc (NYSE:CLH) by 4.1% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 9,710 shares of the business services provider’s stock after acquiring an additional 382 shares during the quarter. Trexquant Investment LP’s holdings […]

29 May 12:29 Markets Daily 6922190228114042151.html
Swiss National Bank Acquires 2,100 Shares of Global Blood Therapeutics Inc (NASDAQ:GBT)

Swiss National Bank increased its holdings in shares of Global Blood Therapeutics Inc (NASDAQ:GBT) by 1.8% in the first quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 116,800 shares of the company’s stock after purchasing an additional 2,100 shares during the quarter. Swiss National Bank owned […]

29 May 12:32 Markets Daily 6922190227737340787.html
B2B Payments, Financing Lead Week’s FinTech Funding

B2B FinTech investors target B2B payments and small business financing with new funding rounds for Fundbox, Suryoday and others.

29 May 12:00 PYMNTS.com 7357138825606420656.html
Canopy Growth reports $1.3B fourth-quarter loss, hits reset on strategic focus

Canopy Growth Corp. is rethinking its first-to-every-market strategy after reporting a $1.3-billion loss in its fourth quarter.

29 May 12:27 CTVNews 2422791597603956903.html
Heritage Investors Management Corp Sells 8,501 Shares of Apple Inc. (NASDAQ:AAPL)

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

29 May 12:28 Markets Daily 6922190228067151150.html
COVID-19 could cause $8.5 trillion loss in global output, warns UN chief Antonio Guterres

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

29 May 12:01 The Financial Express 1288289579525572058.html
Apple Inc. (NASDAQ:AAPL) Shares Acquired by Noesis Capital Mangement Corp

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

29 May 12:28 Markets Daily 6922190228333873220.html
Tiruvarur to get 405 solar-powered farm pumpsets

The Ministry of New and Renewable Energy has allocated 405 solar-powered farm pumpset connections to Tiruvarur district under the Pradhan Mantri Kisan Urja Suraksha evem Utthan Mahabhiyan (PMKUSUM) Sc

29 May 12:43 The Hindu 6679535025777612990.html
Tax Deducted at Source: Quarterly payment of TDS could be a ‘Saviour’ for taxpayers in Corona crisis

It is hoped that the Income Tax Department will be empathetic to the problems faced by taxpayers and a pragmatic view shall be taken to allow taxpayers to make the quarterly payment of TDS under Rule 30(3).

29 May 10:47 The Financial Express 1288289579710552737.html
Pakistan plans to raise $1.5bn in Eurobonds, officials say

Pakistan News: Pakistan plans to raise $1.5 billion through Eurobonds to bridge a balance of payments gap for the financial year beginning July 1, said sources. With

29 May 10:11 The Times of India 6060938664709107153.html
Citing loss, Tangedco wants Open Access consumers to pay additional surcharge

State electricity utility says it suffered a loss of ₹2,383 crore due to under-recovery

29 May 10:47 The Hindu 6679535025326665600.html
Old style value investing doesn’t work anymore, says Damodaran

Guru Aswath Damodaran said value and growth investing has become a lazy categorisation of investing.

29 May 10:38 The Economic Times 7653256037760183172.html
Zscaler Stock Is Thriving as More People Work From Home

The cloud-based security upstart’s growth is set to accelerate with a little assistance from a nationwide lockdown.

29 May 10:57 The Motley Fool 2231313658617563234.html
With rooms, flights going empty, here’s how airlines and hotels are making money

Two of the worst hit sectors due to coronavirus -- aviation and hotel industries -- are eyeing alternate revenue streams as lockdown dries up revenues.

29 May 10:55 The Financial Express 1288289579963349779.html
Top headlines: GDP growth slips to 3.1% in Q4FY20; 4.2% in 2019-20

Business Standard brings to you the top headlines of the day

29 May 10:25 Business-Standard 1502508926046619621.html
Salesforce CEO Benioff: 'In a moment of crisis, you need to invest through it' | ZDNet

Work.com is an example of investing in a downturn and now Salesforce.com aims to broaden its reach as a digital transformation engine.

29 May 10:00 ZDNet 591556593272245306.html
Rail project expecting $100M shortfall, possibly $100M more | Honolulu Star-Advertiser

The Honolulu Authority for Rapid Transit got grim financial news Thursday, with no easy answers ahead.

29 May 10:05 Star-Advertiser 3439335388023101315.html
June 2020 week one fuel price – RON 95 goes up to RM1.43, RON 97 to RM1.73, diesel up 10 sen to RM1.61

Another Friday, which means its time for the regular weekly fuel price update. Not so pleasant news yet again for motorists as fuel prices continue on an

29 May 10:19 Paul Tan's Automotive News 7862472105854545766.html
Check out top industry-oriented courses offered by Swayam

Have you wondered what kind of courses are there on the platform? Which ones are right for you? If yes, then we have got you covered. Here is the list of most unique courses offered by Swayam from across fields.

29 May 10:46 The Indian Express 2885715105370790811.html
Covid-19: Sun Pharma gets approval for clinical trial of Nafamostat

Covid-19: Nafamostat was found to be the most potent drug and was able to inhibit virus entry at very low concentrations, consistent with findings from Japan and German labs.

29 May 10:17 newsx.com 5974563061377044936.html
Ifac advises Tipperary farmers about new TAMS 11 closing date

Ifac, the farming, food, and agribusiness professional services firm, is reminding Tipperary farmers that the Department of Agriculture has made a number of extensions to the Targeted Agricultural Mod...

29 May 10:59 TipperaryLive 1097599578126792326.html
Debt relief plans for world's poor countries inch forward

Plans for debt relief for the world's poorest countries inched forward on Thursday as private creditors laid out a blueprint for their involvement, though it received immediate criticism for not going far enough.

29 May 10:00 The Jakarta Post 7678601104038264695.html
Alphonso mango farmers shun middlemen; relish sweet taste of self-reliance

Despite the lockdown, this year, mango farmers in the Konkan region of Maharashtra reaped handsome gains. Breaking from the past practice of selling their produce to middlemen, they sold their produce

29 May 10:40 BusinessLine 5283600939733493.html
Sensex rises 224 points, Nifty ends above 9,500-mark lead by pharma, FMCG stocks

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

29 May 10:33 The Indian Express 2885715104334174037.html
Vodafone-Idea share price jumps 15%, Google mulls 5% stake buy in cash-strapped telco

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

29 May 10:08 The Financial Express 1288289579567506377.html
CWB Financial reports Q2 profit down as provisions for credit losses soar

EDMONTON — CWB Financial Group reported its second-quarter profit fell compared with a year ago as the economy tanked due to the steps taken to slow the COVID-19 pandemic and its provisions for credit losses more than doubled.

29 May 10:47 KitchenerToday.com 52741009316985789.html
Ottawa’s increase to the expected cost of emergency relief program indicates more workers will remain unemployed

The delayed launch of the wage subsidy program, combined with restrictions and complexities in the application criteria, contributed to employers’ reluctance to make use of the initiative

29 May 10:00 The Globe and Mail 68426410960510983.html
Writing Puts For Income With Downside Protection

Readers of my prior articles know I like writing Put options to generate income. This has enhanced my return on the cash I want in some accounts. Some option tr

29 May 10:42 Seeking Alpha 5725634556237243248.html
Formula One: Williams considering selling team after suffering over $15 million in losses

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

29 May 10:28 Scroll.in 8669301692547777049.html
3 Reasons to Buy Microsoft on the Next Dip

Microsoft stock is trying to make new highs, as bulls continue to bid the stock higher. Here are a few reasons to still like MSFT.

29 May 10:31 InvestorPlace 24614510083022809.html
BC farms need workers

The British Columbia government has created a new online resource to help the province's agricultural sector find workers during the COVID-19 pandemic.

29 May 10:41 Castanet 616068601448666705.html
India seeks bidders to implement ‘One Sun One World One Grid’

The Indian government invites proposals for the implementation of its 'One Sun One World One Grid' initiative, deadline for submissions is 6 July 2020.

29 May 10:00 ESI-Africa.com 2679729877199774140.html
Hawaiian Electric suspends rate increase due to COVID-19 pandemic | Honolulu Star-Advertiser

Hawaiian Electric announced Thursday that it will no longer seek an increase in its rates on Oahu, due to the hardship to customers presented by the coronavirus pandemic.

29 May 10:05 Star-Advertiser 3439335388780230396.html
Bitcoin May Surge as Chinese Yuan Gets Fixed to Lowest Price in a Decade

Unlike Bitcoin and other free markets, the Chinese yuan market is fixed and somewhat controlled by the country's central bank. As Wikipedia describes:

29 May 10:00 Bitcoinist.com 1696346937759561100.html
We need to plan for the next round of NPAs

The RBI should draw up guidelines on rolling back rules on moratorium and NPA classification. Banks and NBFCs need financing so they are not held in suspension over debt servicing

29 May 10:19 BusinessLine 5283601533274248.html
Travel disruptions, cost-cutting key issues for US business in China: Report

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

29 May 10:21 CNA 5644198862427091849.html
Apple tops wearables Q1 growth, but wristbands, hearables lead the segment

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

29 May 10:44 TechRadar 2111116915122049382.html
Covid-19 Reinforced Our Coffee Addiction

JDE Peet's benefits from having the right timing and business mix to ride out the coronavirus pandemic. 

29 May 10:40 Bloomberg.com 4032480121862793494.html
How we helped Nigerian govt discover unremitted $55b from OICs — Trobell

Trobell International Limited, said it helped the Nigerian govt. recover over $55 billion in unpaid royalties from international oil companies

29 May 10:40 Premium Times Nigeria 5456729300115515614.html
Buy Foot Locker For 50% Upside as the Economy Reopens

Beaten and bruised FL stock is ready to rip higher as the U.S. economy reopens and rebounds in the coming months. Foot Locker has 50% upside.

29 May 10:01 InvestorPlace 24614509126127668.html
Hap Seng records higher earnings in Q1

KUALA LUMPUR, May 29 — Hap Seng Consolidated Bhd’s net profit rose to RM160.38 million in the first quarter ended March 31, 2020 (Q1) from RM157.98 million in the same period last year. Revenue for the quarter, however, declined to RM1.48 billion from RM1.75 billion previously due to lower...

29 May 10:27 Malaymail 302165934963765165.html
MDEC: Online business set to stay post-Covid-19

KUALA LUMPUR, May 29 — Malaysia Digital Economy Corporation (MDEC) expects the change in behaviour of consumers and local traders from conventional method to online business concept will be maintained even after Covid-19 ends. Its chief executive officer, Surina Shukri, said the main players in...

29 May 10:17 Malaymail 302165936170819041.html
The 5 Biggest Social Security Lies You've Been Told

Myths and misconceptions surround the most-revered social program in the country.

29 May 10:06 The Motley Fool 2231313658812237160.html
Market LIVE: Sensex ends 600 pts up from day’s low, Nifty settles at 9,568; HDFC, ITC among top contributors

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

29 May 10:04 The Financial Express 1288289579708855097.html
USD/CHF dives to 4-week lows, around 0.9600 mark amid notable USD supply

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

29 May 10:06 FXStreet 4480975638159874930.html
Travel disruptions, cost cutting key issues for US business in China: report

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

29 May 10:21 CNA 5644198862639954543.html
Challenger bank Starling raises additional £40m

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

29 May 10:31 The Irish Times 8204772967806923087.html
Cardano’s Charles Hoskinson Reveals “Shelley” Roadmap, Speaks on “Systematic” Approach

Cardano’s much-awaited Shelley protocol is going live soon. The protocol has spent years in development, and has been ardently awaited by fans of Cardano and ADA, its native currency. 

29 May 10:33 BTC Manager 8549607152448658065.html
Statistics Canada expected to report GDP down nine per cent in March

Canada's economy had its worst quarterly showing since 2009 through the first three months of 2020, and may be headed to an even steeper drop, as steps taken to slow the spread of COVID-19 forced businesses to close and lay off workers.

29 May 10:25 CP24 1887544296495592171.html
Editorial: Take hard look at Young Brothers plea for coronavirus relief aid | Honolulu Star-Advertiser

By the time much of Hawaii’s cargo reaches its final destination, Young Brothers LLC has touched it at some point. So alarm bells clanged loudly when the interisland shipper announced that the pandemic-related economic slump has pushed the company to the brink of its own shutdown.

29 May 10:05 Star-Advertiser 3439335388665228073.html
HEC Paris in Qatar to run online information session

HEC Paris, will be running an online information session about its degree programs on Wednesday, June 3, from 4pm to 5pm, Qatar time. During this session, prospective participants can meet HEC Paris in Qatar admissions team remotely to learn more about accelerating their career path by studying in one of the world’s most prestigious business schools.

29 May 10:41 The Peninsula 1202843881613336609.html
ITC Hotels partners with Swiggy to offer dining options to customers

ITC Hotels had tapped into the food and beverage take-away model across the country recently. The chain said the association with Swiggy is aimed at reaching a much larger customer base.

29 May 10:14 The Economic Times 7653256037065490280.html
Northern Trust Enters Strategic Alliance with BlackRock

Northern Trust has, as part of its continuing strategy to provide integrated products and technology, today entered into an alliance with BlackRock .

29 May 10:04 Finance Magnates 8992138265300624091.html
Champagne sales dip as world goes into warlike depression amid coronavirus

Global champagne sales are forecast to slump by a third, or 100 million bottles, this year as the coronavirus crisis shuts bars and restaurants worldwide and hammers economies. 

29 May 10:05 The Financial Express 1288289580282036656.html
CannTrust back in business

CannTrust Holdings Inc. says Health Canada has reinstated its licences for its greenhouse in Niagara and that it will immediately restart operations.

29 May 10:36 Castanet 616068602827983078.html
VMware CEO After Storming Quarter: “Tech is Stronger than GDP”

VMware CEO: "Tech is stronger than GDP, and software and cloud is stronger than tech."

29 May 10:47 Computer Business Review 8072376453089907603.html
As lockdowns ease, a Bronx nail salon plans a careful reopening

(Reuters) - When Yahaira Caraballo opened her nail salon in the Bronx, New York nearly seven years ago, it was a bare-bones shop with two nail technicians.

29 May 10:16 Reuters 8334514180589514662.html
Bitcoin Breaking $10,500 Will Set the Stage for a Massive Reversal: Here’s Why

Bitcoin has been on an impressive rally over the past two months.

29 May 10:00 NewsBTC 7232133511185853664.html
Sanofi's head of vaccines leaves for smaller competitor Ipsen

PARIS (Reuters) - Sanofi’s head of vaccines David Loew will quit to become chief executive of Ipsen from July 1, the two French drugmakers said on Friday.

29 May 10:06 Reuters 8334514181080836126.html
The Regulatory State Is Failing Us

Tyler Cowen suggests how to address some of the biggest obstacles to fighting COVID-19.

29 May 10:00 The Atlantic 100708436916006515.html
Ex-CBN director lauds MPC over interest rate reduction

A financial expert, Dr Titus Okunrounmu, has commended the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) for reducing the interest rate by one-percentage-point from 13.5 per cent.

29 May 10:59 The Guardian 7580308505399080232.html
US taxpayers' virus relief went to firms that avoided taxes

Reuters’ analysis of public data found around 110 publicly traded companies have each received $4 million or more in emergency aid from the program.

29 May 10:15 The Jakarta Post 7678601103729986444.html
New site is one-stop shop for B.C. workers, farmers, during pandemic

VICTORIA — The British Columbia government has created a new online resource to help the province's agricultural sector find workers during the COVID-19 pandemic. A statement from the Ministry of. . .

29 May 10:16 Times Colonist 7617512060830579620.html
Discounted Alibaba Stock Is a Tempting Buy Now

Alibaba stock is likely to come under short-term pressure, but its aggressive growth rate makes it a good long-term play.

29 May 10:46 InvestorPlace 24614510202687908.html
Want to buy an F1 team? Williams is considering selling

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

29 May 10:19 Autoblog 4372976973658437779.html
Wedbush Futures Partners with The Small Exchange

Wedbush Futures announced its partnership with The Small Exchange, a new Futures exchange offering smaller, standardized products.

29 May 10:56 Finance Magnates 8992138266563785895.html
NABARD sanctions Rs 1,050 crore credit support to West Bengal

The credit support under special liquidity facility will be extended to state cooperative banks, regional rural banks and micro-finance institutions. The NABARD has already disbursed an amount of Rs 720 crore to state coperative and regional rural banks, he said, adding that disbursements to MFIs will commence shortly.

29 May 10:40 The Economic Times 7653256036503329307.html
UP signs MoUs with industry bodies to create 1.1 million jobs for migrants

The migrant workers will lay the foundation of New UP, says CM Adityanath

29 May 10:32 Business-Standard 1502508924635598202.html
GST Council may find it difficult to raise GST rates

It was widely expected that the GST Council could consider raising tax rates and cess on certain non-essential items to boost revenue for states and the Centre.Several states have reportedly taken an over 80-90% hit in GST collections in April

29 May 10:28 Livemint 6614605819269358820.html
Liberia embarks on a cost-reflective electricity pricing study

In efforts to attaining cost-reflective electricity pricing, the Liberia Electricity Regulatory Commission has begun a Cost of Service Study.

29 May 10:16 ESI-Africa.com 2679729878322978973.html
Five Things You Need to Know to Start Your Day

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29 May 10:32 Bloomberg.com 4032480122692115282.html
Nearly 1.5m payment holidays handed out by banks and lenders

UK Finance, the banking trade body, said it has now helped 30 million customer accounts during the coronavirus crisis.

29 May 10:32 Shropshire Star 3480199992435412658.html
Crude oil prices fall but remains set for biggest monthly gain in years

US West Texas Intermediate (WTI) crude was down $1.28, or 3.8 per cent, at $32.43.

29 May 10:20 The Economic Times 7653256036728676988.html
Will Zimbocash Succeed Where Others Failed As Alternative Currency?

Zimbabwe’s crypto community got lit up when it was reported that Zimbocash, a local cryptocurrency was listed on Bithumb. Whether Zimbocash will suceed.

29 May 10:30 iHarare News 2755902708300895592.html
Satoshi Nakaboto: ‘Winklevoss deal brings BTC trade to Samsung users in US and Canada’

Our robot colleague Satoshi Nakaboto writes about Bitcoin every fucking day. Welcome to another edition of Bitcoin Today, where I, Satoshi Nakaboto, tell you what’s been going on with Bitcoin in the past 24 hours. As Stephen Hawking used to say: Let’s get this bread! Bitcoin price We closed the day, May 28 2020, at […]

29 May 10:03 Hard Fork | The Next Web 3990801509920193077.html
Avoid GE Stock? Depends if You’re Trading or Investing

General Electric may not make for a great investment, but GE stock it has some upside and a well-established bottom.

29 May 10:16 InvestorPlace 24614509530578689.html
Toyota now offers fully online car buying service

Buyers can build and pay for a new car online, even arranging a finance package.

29 May 10:18 Express & Star 7324224460399518969.html
Looking for ECB to expand PEPP by €500 billion – TD Securities

Previewing the European Central Bank's monetary policy meeting next week on June 4th, "the focus of the June meeting will likely be the expansion of t

29 May 18:10 FXStreet 4480975638516220723.html
Stifel Financial Corp.: A New 6.125% Preferred Stock IPO Trading At A 4.50% Premium

Stifel Financial Corp.'s new preferred stock, SF-C, is trading above its PAR, having a YTW of 5.12%. Company's leverage and liabilities' payments look solid. SF

29 May 18:03 Seeking Alpha 5725634557841750983.html
Travancore Titanium to make Li-ion batteries

PSU develops lithium trinitrate, main raw material for these batteries

29 May 18:34 The Hindu 6679535025998029170.html
Seeks RBI intervention over interest rate cuts

Real estate developers body Credai has written to the RBI, saying that the banks have not adequately passed on the benefits of repo rate cuts to the NBFCs and housing finance companies (HFCs) and...

29 May 18:00 The Hans India 817019413988479330.html
Late surge in share prices helps markets improve returns scorecard in May

A sharp surge in share prices during the last week of May helped the markets improve their returns scorecard for the month. The benchmark Sensex and Nifty ended with losses of 3.8% and 2.8%

29 May 18:17 Business-Standard 1502508925197962455.html
Sebi concessions fail to lift IPO market, firms shelve listing plans

Investment bankers say many have shelved listing plans; appetite healthy for share sales in large listed firms

29 May 18:17 Business-Standard 1502508925174395316.html
Oil analysts see prices edging up but still capped below $40 a barrel: poll

The survey of 43 analysts forecast Brent crude would average $37.58 a barrel in 2020

29 May 18:00 The Globe and Mail 68426411346772330.html
Christchurch City Council Wins IDC Smart City Asia/Pacific Award For EQRNet

IDC Asia/Pacific announced today the 19 winners for this year’s IDC Smart City Asia/Pacific Awards (SCAPA). Christchurch City Council were named as the winner in the Public Safety- Disaster Response/Emergency Management category for EQRNet - Earthquake Response Management.

29 May 18:12 SCOOP 5315659000148650661.html
COVID-19: FairPrice Group, WhyQ launch zero-commission islandwide food delivery platform

SINGAPORE: FairPrice Group and food delivery start-up WhyQ have launched a new digital platform offering islandwide food delivery at zero ...

29 May 18:02 CNA 5644198864329987956.html
Pier 1's 'awful day' arrives with judge approving liquidation

The end is near for Pier 1 Imports Inc.

29 May 18:47 BNN 3833521689599556108.html
US Centers for Disease Control and Prevention suggests sweeping changes to offices

If followed, the guidelines would lead to a far-reaching remaking of the corporate work experience. They even upend years of advice on commuting, urging people to drive to work by themselves, instead of taking mass transportation or carpooling, to avoid potential exposure to the virus.

29 May 18:00 The Economic Times 7653256037299406586.html
View: NEP will envision a system rooted in Indian ethos

In one of my favourite English poems, Robert Frost said, “The woods are lovely, dark and deep, But I have promises to keep.” These lines have always inspired me. Since the citizens of India reposed massive faith in the leadership of Shri Narendra Modi, work in the ministry started on Day 1.

29 May 18:33 The Economic Times 7653256036844267830.html
Labor calls to lift cap on home-loan deposit scheme to help construction

Labor is pressing the government to open its first home loan deposit scheme to all eligible people building a new home to help the struggling sector.

29 May 18:00 Brisbane Times 2314609339599380492.html
Delta Stock Could Lead an Airline Rally

DAL stock could be one of the stars of an airline resurgence, but it's still a long-term play because the industry needs time to rebound.

29 May 18:57 InvestorPlace 24614511042068923.html
SBA Data Show At Least $20B Of PPP Loans Have Been Canceled

A minimum of $20 billion in PPP loans have been canceled — many by small businesses afraid they can't spend it in ways that will qualify for forgiveness.

29 May 18:16 PYMNTS.com 7357138825165543106.html
Crushing It: Splunk's Strong Fundamentals Drive Stock Higher

Splunk is a leader in Big Data/SIEM and is transitioning to a recurring revenue business model. The recent pandemic-driven acceleration from a perpetual license

29 May 18:44 Seeking Alpha 5725634557371787403.html
Tencent in talks to buy Warner Music stake: WSJ

(Reuters) - Chinese internet giant Tencent Holdings Ltd (0700.HK) is in talks to invest $200 million in Warner Music Group, ahead of the record company's slated initial public offering next week, the Wall Street Journal reported here on Friday.

29 May 18:48 Reuters 8334514181122399776.html
Nissan Kicks Has More Power Than Skoda Karoq For Half Its Price

The Kicks is powered by a Mercedes-Benz derived 1.3-litre turbocharged petrol engine developing 156 PS maximum power and 254 Nm torque

29 May 18:30 GaadiWaadi.com 5195250399064089489.html
AI Weekly: Autonomous vehicle companies pivot to charitable deliveries during the pandemic

During the pandemic, autonomous vehicles companies like Beep, Gatik, and Optimus Ride are helping to deliver goods to those in need.

29 May 18:30 VentureBeat 6273363636023213577.html
Labor calls to lift cap on home-loan deposit scheme to help construction

Labor is pressing the government to open its first home loan deposit scheme to all eligible people building a new home to help the struggling sector.

29 May 18:00 WAtoday 6806590900045570060.html
School Sets Up Virtual Class To Help SMEs

Selwyn College, a well known Auckland school and a stronghold in community education, is helping small business owners with its new online education offering.

29 May 18:48 SCOOP 5315659000086502142.html
GBP/USD retreats from highs near 1.2400 ahead of Trump’s conference

Sterling’s rally from 1.2230 lows has reached two-week highs at 1.2395. The pair, however, has not been able to consolidate at those levels and pulled

29 May 18:04 FXStreet 4480975639419271745.html
Price of WTI Crude Futures Tops $35 Per Barrel First Time Since March 11

MOSCOW, May 29 (Sputnik) - Global oil prices accelerated growth to 5 percent on Friday evening, and the price of WTI crude futures rose above $35 per barrel for the...

29 May 18:59 Sputniknews 967333868112065664.html
Limited impact on Vedanta operations due to coronavirus lockdown: Crisil

 The COVID-19-induced lockdown has had a limited impact on the operations of Vedanta Ltd, rating agency Crisil has said. Also, increase in export offset decline in domestic demand during the

29 May 18:08 Deccan Herald 2027555797626580818.html
Sebi fines 2 persons in SpiceJet insider trading case

Markets regulator Sebi on Friday imposed a penalty totalling Rs 35 lakh on two persons for trading in shares of SpiceJet on the basis of unpublished price-sensitive information related to financial

29 May 18:16 Deccan Herald 2027555797351543286.html
Tesla: Elon Musk qualifies for $770 million compensation

May 29 (UPI) -- Tesla announced in its Thursday filing with the Securities and Exchange Commission that founder Elon Musk has qualified for a compensation package worth some $770 million after the company reached certain growth goals.

29 May 18:09 UPI 8257973864848002640.html
Labor calls to lift cap on home-loan deposit scheme to help construction

Labor is pressing the government to open its first home loan deposit scheme to all eligible people building a new home to help the struggling sector.

29 May 18:00 The Age 7967730562580307980.html
New jobs dry up amid shutdown

New job postings nosedived 87 percent year-on-year in April on the leading job search sites in Bangladesh, highlighting the strain the country’s labour market has been going through because of the

29 May 18:00 The Daily Star 3368802732263115537.html
Why Macy’s Stock Can Climb 70% Higher in 2020

Macy's stock plunged on the idea that the world would never be normal again after Covid-19. But the world is already normalizing today.

29 May 18:01 InvestorPlace 24614509631822086.html
Limited impact on Vedanta operations due to coronavirus lockdown: Crisil

Also, increase in export offset decline in domestic demand during the lockdown, supported by its low cost position in key businesses, it said.

29 May 18:28 The Financial Express 1288289580966216182.html
Zscaler Earnings: ZS Stock Soars 26% on Strong Q3 Beats

Zscaler (ZS) earnings for the cloud security company's fiscal third quarter of 2020 have ZS stock flying higher on Friday.

29 May 18:12 InvestorPlace 24614510491616865.html
Clean Cooking: 33 Solutions For One Renewable Energy Problem

The latest energy report from the International Energy Agency describes how much more pants-on-fire activity is needed to pump up the clean power trend on the heels of the COVID-19 crisis. For starters, at this rate an estimated 620 million people still won't have electricity by 2030. That's nothing to sneeze at, but it's small

29 May 18:55 CleanTechnica 1065744423894539271.html
India’s core sector output witnesses biggest ever fall, contracts 38% in April as lowdown hits economy

India’s core sector output contracted 38.1% in the month of April, reflecting how India’s economy has taken a toll as the nation fights the coronavirus pandemic.

29 May 18:05 The Financial Express 1288289580513503190.html
Webinar focusses on post-COVID scenario

'Government should spend more on science and technology'

29 May 18:11 The Hindu 6679535026340459867.html
Alibaba Stock Bulls Shouldn’t Sweat Delisting

A new hurdle for Alibaba stock is a push to delist Chinese stocks over strict accounting rules, but long-term investors should be fine.

29 May 18:14 InvestorPlace 24614510635011452.html
U.S. Treasury unveils rules for carbon capture tax credits

WASHINGTON (Reuters) - The U.S. Treasury Department has released rules guiding how companies use a federal tax credit designed to spur investment in carbon capture and sequestration projects.

29 May 18:16 Reuters 8334514181103127401.html
The Screen Industry Workers Bill is good for our industry – Jennifer Ward-Lealand

This week, parliament’s Education and Workforce Select Committee has been hearing submissions on the Screen Industry Workers Bill. Equity New Zealand president Jennifer Ward-Lealand explains why the actors’ union supports it.  The Screen Industry Workers bill rolls back some of the worst aspects

29 May 18:00 The Spinoff 7256195146454811019.html
Why India needs to put cash in the hands of the poor

GoI has sedulously avoided direct disbursements to wage labourers who have no jobs and no recourse.

29 May 18:31 The Economic Times 7653256036819535841.html
Agriculture, mining saved Indian economy in FY20, can it sustain COVID-19 assault?

The impact of COVID-19 on Indian economy is yet to unravel; the 2019-20 GDP estimates, thus, hide more than they reveal on the state of economy in 2020-21

29 May 18:22 Business Today 1145527431643780825.html
Money whitening scope to widen

The government may allow uses of untaxed or black money in all sectors to boost investment and create jobs as part of its efforts to pull the economy out of Covid-19 wreckage.

29 May 18:00 The Daily Star 3368802731587319251.html
Downtown shows resiliency

Coming off record attendance at public events in 2019, the Downtown Vernon Association has faced unexpected challenges – as has the rest of the world – in 2020.

29 May 18:00 Castanet 616068602227223901.html
Two Billion Set to Lose Their Jobs Next Couple of Months Due to Pandemic

Study says 10% of global workforce likely to work remotely forever

29 May 18:40 Infowars 1950426314746015784.html
Recent survey shows business and community leaders cautious about reopening

More than 75 percent of the people who responded to the survey feel like there could be another shutdown.

29 May 18:22 WVLT 4089046911178178254.html
Sweden’s Economy Grew In Q1 In Absence Of Lockdown

Sweden reported its gross domestic product grew at an annual rate of 0.4 percent from January through March, perhaps as a result of not imposing a full lockdown.

29 May 18:08 PYMNTS.com 7357138824703066368.html
RYB Education Inc (RYB) CEO Yanlai Shi on Q1 2020 Results - Earnings Call Transcript

RYB Education Inc (NYSE:RYB) Q1 2020 Results Earnings Conference Call May 29, 2020 8:00 AM ET Company Participants Serena Xue - Investor Relations Yanlai Shi -

29 May 18:21 Seeking Alpha 5725634556131681324.html
Yes Bank launches overdraft facility on FDs through digital channels

The customers can avail the facility by clicking ‘pre-approved offers’ or ‘exclusive Offers’ to the select eligible fixed deposits. The bank promises to disburse the sanctioned overdraft limit in one day.

29 May 18:24 The Financial Express 1288289579960606074.html
Sonoma Pharmaceuticals News: SNOA Stock Skyrockets 117% on COVID-19 Disinfectant

Sonoma Pharmaceuticals (SNOA) is in the news Friday after approval for a disinfectant of the novel coronavirus sent SNOA stock skyrocketing.

29 May 18:37 InvestorPlace 24614509958905283.html
Pier 1’s ‘Awful Day’ Arrives With Judge Approving Liquidation

The end is near for Pier 1 Imports Inc.

29 May 18:32 Bloomberg.com 4032480121096392485.html
Student Loan Refinance Marketplace Splash Financial Raises $12.3 Million Through Series A Funding Round Led By CMFG Ventures & Northwestern Mutual Future Ventures

Splash Financial, a U.S.-based student loan refinance marketplace, announced earlier this week it secured $12.3 million through its Series A investment round, w

29 May 18:48 Crowdfund Insider 6834688074012491570.html
Big Tech goes on pandemic M&A spree despite political backlash

Rate of dealmaking by Alphabet, Amazon, Apple, et al is highest since 2015

29 May 18:19 Ars Technica 5028555107240367997.html
Disney World Cancels All Ride and Dining Reservations, Universal Plans Hotel Reopening

Disney World reservations for rides and dining have all been canceled, including FastPass+, while Universal Orlando plans hotel reopenings.

29 May 18:00 /Film 148788831839632714.html
Morgan Stanley plans June return of some traders to New York headquarters: CNBC

(Reuters) - Morgan Stanley (MS.N) is planning to start getting some traders to return to its New York headquarters in mid- to late-June, CNBC reported on Friday, citing people with knowledge of the situation.

29 May 18:42 Reuters 8334514181073279177.html
Students decry tuition hikes as COVID-19 pandemic increases financial strain

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

29 May 18:50 KitchenerToday.com 52741009770272656.html
COVID-19 impact: Mani Ratnam pitches for big stars to reduce costs; future of digital, OTT platforms in focus

Talking of internal reforms, Ratnam also hinted at the expectation of some help from the government to keep the industry afloat.

29 May 18:02 The Financial Express 1288289580028444510.html
FDI inflows from Caymans triple

FDI inflows from Singapore fell to $14.7 bn in FY20 from $16.2 bn in the previous year, but held on to its No.1 ranking

29 May 18:57 Livemint 6614605819483072429.html
How the pandemic will shape the fashion world

A total of 61 per cent Indians reported less time shopping online in the wake of the current crisis, while 43 per cent of Indians have delayed purchasing clothes in the outbreak, says a report

29 May 18:22 The Hans India 817019414901660709.html
GST collections down 70% in April

April GST collections are for March transactions, and the lockdown started only from March 25, therefore, the poor collection in the month could be mostly due to extension of return filing dates

29 May 18:53 Business Today 1145527432182283852.html
Ohio House approves bill legalizing sports gambling

House lawmakers on Thursday passed a bill to legalize sports wagering in Ohio, a move that could generate millions in tax revenue for the state.

29 May 18:00 Washington Examiner 4625792333277782011.html
Why Virgin Galactic Is Still Dreaming of Space Travel

Although the markets are turning positive, several fundamental factors are conspiring against Virgin Galactic.

29 May 18:44 InvestorPlace 24614510716630660.html
Investor group allowed to buy Grindr from Chinese firm for $620M

Chinese gaming company Beijing Kunlun Tech said on Friday that a US national security panel approved the $620 million sale of popular gay dating app Grindr to an investor group called San Vicente

29 May 18:41 New York Post 7654946767456528010.html
Olympus' (OCPNF) Management on Q4 2020 Results - Earnings Call Transcript

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

29 May 18:30 Seeking Alpha 5725634556275916005.html
Businesses Must Start Paying Towards Furlough Scheme From August, Chancellor Rishi Sunak Says

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

29 May 18:00 Sputniknews 967333867945599410.html
10 Luxury Hotels In Delhi Offer Paid Quarantine To Mild Symptomatic Patients; Details Inside

Delhi Health Department said patients with mild symptoms or pre-symptomatic cases are allowed to be 'home quarantined', and such people will be allowed to quarantine themselves at 10 designated hotels on a payment basis.

29 May 18:13 Abplive 5873643725429232145.html
GDP Growth Rate In FY20 Better Than Expected At 4.2 Per Cent; 4th Quarter Growth Rate Plummets To 3.1 Per Cent  

As per the data released by the government, India reported a better than expected growth of 4.2 per cent in FY20, reports India Today. Although the figure marks the lowest growth rate in 11 years, the performance is higher than what many experts had forecast.

29 May 18:32 Swarajya 4977622829409181886.html
Americans Turned Less Gloomy About The Economy in May

Current conditions look better than they did a month ago but the outlook for the future is grimmer. |

29 May 18:01 Breitbart 3148363491717734336.html
Ted Cruz, Trump, and other Republicans are pushing a payroll-tax cut that would do little for families suffering financially due to coronavirus

The move would not provide the economy with the adrenaline shot it needs to tide over people already out of work and struggling businesses.

29 May 18:25 Business Insider 6060062400523423565.html
As job loss mounts, labour ministry ties up with TCS iON for career counseling

The career counseling service will be offered on the national career service (NCS) platform for free in Hindi and English languages, and try to cover the soft skills and basic job skills that industries demand

29 May 18:20 Livemint 6614605819088487186.html
Tesla Model 3 Cost of Ownership After 2 Years & 50,000+ Miles

An earlier version of this article was originally published on Tesla Oracle. It's been two years and 50,000 miles since Andy Slye, a popular YouTuber, purchased his Tesla Model 3 RWD. After his two-year Tesla anniversary, he shared his Model 3 experience after clocking that many miles on the odometer. According to Andy, the Tesla Model 3 has been the most economical

29 May 18:20 CleanTechnica 1065744423964240035.html
Ted Cruz, Trump, and other Republicans are pushing a payroll-tax cut that would do little for families suffering financially due to coronavirus

The payroll-tax cut has gained support from Trump and several other GOP lawmakers and conservative economists eager to jumpstart growth.

29 May 18:30 Pulse Live 3606876835484897372.html
WHO, 37 countries launch alliance to share tools to battle COVID-19

ZURICH (Reuters) - Thirty-seven countries and the World Health Organization (WHO) appealed on Friday for common ownership of vaccines, medicines and diagnostic tools to tackle the global coronavirus pandemic, taking aim at patent laws they fear could become a barrier to sharing crucial supplies.

29 May 18:31 Reuters 8334514180102872416.html
Only 2 of YouTube's earliest employees are still at the company — here's what YouTube's first 10 employees are up to now

YouTube has come a long way since 2005. Back then, YouTube had only 10 employees, plus cofounders Chad Hurley and Steve Chen.

29 May 18:37 Business Insider 6060062400661756063.html
U.S. Weekly FundFlows Insight Report: ETF And Fund Investors Become Slightly More Risk Seeking During The Week

For the thirteenth consecutive week, investors were overall net purchasers of fund assets (including those of conventional funds and ETFs). Fund investors were

29 May 18:22 Seeking Alpha 5725634557206061796.html
Bio-Rad: A Very Interesting Short-Term Investment Thanks To Gains On Sartorius Holding

Bio-Rad's 2 Core business divisions: Life Sciences and Clinical Diagnostics posted so-so results in Q120 delivering net profits of $74m. Although both divisions

29 May 18:46 Seeking Alpha 5725634556642392754.html
Fiscal deficit widens to 4.6% of GDP in FY20 on poor revenue realisation

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

29 May 14:03 Business-Standard 1502508925908976117.html
3 Reasons to Still Trust High-Flying Wayfair

The economy is just turning around, which would benefit the online furniture retailer.

29 May 14:19 InvestorPlace 24614509245789214.html
Despite Catalysts, Penn Stock Remains a Sell

There's plenty to be excited about with PENN stock. But with shares getting ahead of themselves, steer clear until shares take a breather.

29 May 14:43 InvestorPlace 24614511038371467.html
Lincoln University Strongly Positioned For The Future

Lincoln University’s 2019 Annual Report shows it is strongly positioned for the future, with an ambitious programme of campus development projects beginning during the year.

29 May 14:58 SCOOP 5315658999730876831.html
Chile, Peru secure credit lines from IMF amid pandemic

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

29 May 14:00 Rappler 1882105642461831083.html
GDP data: Yet another huge knock for Modi govt's economic growth story

India's economic growth falls for a third successive year, fiscal deficit widens to 4.6%; agriculture and govt spending prevent further decline

29 May 14:37 Business-Standard 1502508924982393101.html
PizzaExpress to launch pasta delivery service in hunt for revenues

Chain’s private equity owners consider survival options including restaurant closures and debt-for-equity swap

29 May 14:06 Ft 707176889334804893.html
We must create more jobs, not give extra money to public servants

Public sector pay rises in the middle of a global pandemic do not benefit the 8 million people of NSW, many of whom are suffering right now.

29 May 14:05 WAtoday 6806590898757557909.html
COVID-19 recasts internet as a utility for every home

Jorg Welters explores how the telecommunications sector has grown amid the COVID-19 crisis after broadband is perceived to be essential to surviving lockdown

29 May 14:45 Open Access Government 7441385493110319968.html
India quarterly growth worst in two decades as lockdown bites

MUMBAI, May 29 — India’s economy grew at its slowest pace in at least two decades last quarter, government data showed today, with warnings of far worse to come as it grapples with the fallout of the world’s largest coronavirus lockdown. Asia’s third-largest economy expanded by just 3.1 per...

29 May 14:36 Malaymail 302165936141142676.html
Amazon Doesn't See Demand Slowing Anytime Soon

It still has capacity constraints in its warehouses.

29 May 14:50 The Motley Fool 2231313657876495948.html
Marathon Oil: A Strong Balance Might Not Be Enough

Marathon Oil reported an adjusted loss of $0.16/share for Q1-2020 and with declining production and oil prices of less than $40/bbl, it might report more losses

29 May 14:37 Seeking Alpha 5725634558134652632.html
Dundalk Shoppers: New 'Traffic Light' queue system to be rolled out at Lidl stores

Lidl Ireland are introducing a new Covid-19 queue management system designed to control the number of customers entering and exiting the store at any one time, in order to maintain social distanc...

29 May 14:33 Dundalk Democrat 5738461709048227727.html
Fiscal deficit widens to 4.6% of GDP in 2019-20

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

29 May 14:03 The Economic Times 7653256038418200463.html
Newmark Capital tipped as buyer of $120m David Jones store

Melbourne-based Newmark Capital has started the ball rolling in post COVID-19 retail property deals.

29 May 14:00 WAtoday 6806590898561600176.html
Uber-Grubhub deal hinges on breakup fee after narrowing price gap

Uber Technologies Inc. and Grubhub Inc. are haggling over a breakup fee after nearing an agreement on a merger price, according to people familiar with the matter.

29 May 14:47 BNN 3833521689573795597.html
Deribit’s Ether Options Hit All-Time-High Amidst Rising Institutional Interest

Bitcoin and Ether exchange Deribit set a record earlier this week after ETH options on the platform surged to record highs. 

29 May 14:07 BTC Manager 8549607152931387128.html
Friday’s Insider Report: Stocks that three CEOs are trading

A REIT among stocks featured

29 May 14:06 The Globe and Mail 68426410263821878.html
Krakatau Steel books first profit in eight years

The company booked US$74.1 million in profit in the first quarter this year, a major switch from the $62.3 million loss it suffered in the same period last year, as its cost of revenue and administrative expenses dropped 39.8 percent and 41.5 percent respectively.

29 May 14:33 The Jakarta Post 7678601103224102882.html
Low Q4 growth telling commentary on economic mismanagement of BJP govt: P Chidambaram

"Remember, this is pre-lockdown. Of the 91 days of Q4, lockdown applied to only 7 days," the former finance minister said.

29 May 14:48 The Economic Times 7653256038431495213.html
RBI slaps penalty worth crores of rupees on three banks, including one PSU and one cooperative bank

The Reserve Bank of India has slapped a penalty amounting to a total of Rs 6.50 crore on Bank of India, Karnataka Bank, and Saraswat Cooperative Bank.

29 May 14:55 The Financial Express 1288289580498418115.html
Developer offers tenants half-price rent at prime site

Rents are being cut in half in a new office development just south of Sydney's CBD.

29 May 14:00 The Age 7967730561950828654.html
ESAF Small Finance Bank Q4 results: Net profit zooms two-folds to Rs 190 crore

The bank's advances grew 37 per cent to Rs 6,818 crore with deposit rising 63 per cent to Rs 7,028 crore.

29 May 14:18 The Economic Times 7653256036650957959.html
State gaming win down 99.6% in April with coronavirus closures

Clark County win was down 99.5 percent from a year ago with the only win coming from scattered bets from companies with sports betting apps and online poker.

29 May 14:29 Las Vegas Review-Journal 8640648837287739109.html
Insider Selling: MGP Ingredients Inc (NASDAQ:MGPI) Director Sells $21,870.00 in Stock

MGP Ingredients Inc (NASDAQ:MGPI) Director Karen Seaberg sold 250 shares of the business’s stock in a transaction that occurred on Saturday, February 1st. The stock was sold at an average price of $87.48, for a total transaction of $21,870.00. Following the sale, the director now directly owns 3,977 shares in the company, valued at approximately […]

29 May 14:58 Markets Daily 6922190228717439945.html
Crisis growing as GDP data signals weakening demand, growth impulses

India's economy was already slowing down before it entered the Covid-19 year of 2020-21, writes D K Srivastava.

29 May 14:46 Business-Standard 1502508926606139406.html
Developer offers tenants half-price rent at prime site

Rents are being cut in half in a new office development just south of Sydney's CBD.

29 May 14:00 WAtoday 6806590899416090734.html
US consumer spending sinks by record 13.6% in face of virus

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

29 May 14:03 KitchenerToday.com 52741009612073832.html
Endeavour receives shareholder approval for Semafo merger

Endeavour Mining has announced that its shareholders have voted “overwhelmingly” in favour of its acquisition of Semafo, which was announced in March.

29 May 14:21 Mining Technology 639193377425633526.html
Fors and against investing in cryptocurrency you need to be aware of

Investing in cryptocurrency seems to be a major risk for some. The article outweighs the pros and cons of investing in cryptocurrency

29 May 14:15 TechGenyz 5378425015215964198.html
Reality check for hot city fringe office markets

Vacancy in city fringe office markets is expected to almost double by the end of next year.

29 May 14:00 WAtoday 6806590899418763122.html
Alan Howard’s Hedge Fund Soars 100% in Virus-Fueled Chaos

Billionaire Alan Howard has doubled his investors’ money in the coronavirus crisis.

29 May 14:41 Bloomberg 4032480121287340082.html
Reality check for hot city fringe office markets

Vacancy in city fringe office markets is expected to almost double by the end of next year.

29 May 14:00 The Age 7967730561953501042.html
Handicraft exporters to attract global buyers virtually amid Covid curbs

More than 200 exporters to participate in online exhibition from June 1-4

29 May 14:59 BusinessLine 5283601574865373.html
We must create more jobs, not give extra money to public servants

Public sector pay rises in the middle of a global pandemic do not benefit the 8 million people of NSW, many of whom are suffering right now.

29 May 14:05 The Age 7967730561292295829.html
If we must have a pay freeze, spare front-line jobs dominated by underpaid women

Any halt to pubic sector pay rises in NSW needs to be short-lived, and the way to recovery must account for the glaring gender pay gap.

29 May 14:00 WAtoday 6806590898731857924.html
Why some commercial landlords evict tenants and let properties sit vacant

Amid calls for provincial moratorium on commercial evictions, Premier Doug Ford says he doesn't understand why properties sit vacant

29 May 14:10 NOW 7434691886800991935.html
EUR/USD: Outside overbought territory bulls will keep at the helm

Bulls are in control, as long as the EUR/USD pair remains outside the overbought territory. Nonetheless, Early June's daily chart is painting a mixed

29 May 14:45 FXStreet 4480975640090836017.html
Credit card, personal and MSME loans fall up to 10% during coronavirus lockdown

This is despite the borrowers opting for loan moratorium, which ideally increases the outstanding loan book because the deferred interest and principal get added to the loan amount

29 May 14:09 Business Today 1145527432193935241.html
Redcape Hotel to reopen pubs as restrictions taper off

Listed pub group Redcape says its primed to reopen its doors on Monday, with new-look properties and changes to how it serves customers in the post-pandemic era.

29 May 14:00 Brisbane Times 2314609339004030893.html
Elon Musk just cleared the first of 12 levels that end in a $55 billion payday. Here's how his elaborate Tesla compensation plan works.

Musk's compensation agreement with Tesla includes 12 "tranches" of stock options that become available only after certain goals are hit.

29 May 14:53 Business Insider 6060062401344258423.html
Salesforce Writes Off $25 Million as it Abandons Offices

Salesforce adds that cancelling physical events this fiscal year in favor of virtual experiences cost it $65 million. Salesforce offices meanwhile..

29 May 14:42 Computer Business Review 8072376452403867018.html
Minimum Wage Hikes And Handouts -Sounds Like Labour

“It sounds like Labour, is what I’m already hearing about National’s promise to raise the minimum wage regularly while handing out money to businesses,” according to ACT Leader David Seymour

29 May 14:49 SCOOP 5315658999733424091.html
Nick Vile Joins Executive Leadership Team Under Realignment To Promote More Seamless Delivery

oOh!media today announced that Nick Vile, General Manager of its New Zealand operations, has been elevated to the company’s Executive Leadership Team (ELT) as part of a realignment to promote greater cohesion and integration across the business.

29 May 14:37 SCOOP 5315658998351913799.html
Inside Wipro's new CEO appointment: How IT firm got lucky with Thierry Delaporte

Industry observers say that Wipro has been 'sheer lucky' to get him onboard given the tepid performance of the company for over last three-four years

29 May 14:46 Business Today 1145527432778844161.html
Mackay Shields LLC Increases Holdings in Vanda Pharmaceuticals Inc. (NASDAQ:VNDA)

Mackay Shields LLC lifted its position in Vanda Pharmaceuticals Inc. (NASDAQ:VNDA) by 16.5% in the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 64,822 shares of the biopharmaceutical company’s stock after purchasing an additional 9,200 shares during the period. Mackay Shields LLC owned 0.12% of Vanda Pharmaceuticals […]

29 May 14:44 Markets Daily 6922190227788816226.html
If we must have a pay freeze, spare front-line jobs dominated by underpaid women

Any halt to pubic sector pay rises in NSW needs to be short-lived, and the way to recovery must account for the glaring gender pay gap.

29 May 14:00 Brisbane Times 2314609338285668356.html
It Looks as If American Airlines Stock Is Set for a Big Return Next Year

American Airlines Will Fly with lower capacity but first must wait for passenger traffic levels increasing

29 May 14:41 InvestorPlace 24614510579751168.html
USD/CAD rebounds from multi-month lows, trades above 1.3770

The USD/CAD pair dropped to its lowest level since early March at 1.3713 during the early trading hours of the American before staging a decisive reco

29 May 14:56 FXStreet 4480975639880514054.html
Costco Reports Revenue Beat Despite First Monthly Sales Drop in a Decade

Fiscal third-quarter revenue beat expectations, though COVID-19 impacts caused an April comparable-sales drop that marked the first year-over-year decrease in over a decade.

29 May 14:16 The Motley Fool 2231313658643123954.html
Deloitte's call for Virgin emergency cash rejected as liquidity fears rise

The federal government has rejected at least one direct plea from Virgin Australia's administrator Deloitte for emergency funding, raising concerns it might fall into liquidation before new owners are found.

29 May 14:00 WAtoday 6806590898819158164.html
Q4 GDP Highlights: Growth slows to 3.1%, hurt by lockdown, beats estimates; govt adds caveat

Q4 FY 2019-20 GDP growth estimates Highlights: India's economy grew at 3.1 per cent in Q4 of the last fiscal, beating street estimates.

29 May 14:55 The Financial Express 1288289581162791165.html
Southwest Is a Much Better Pick Now Than American Airlines Stock

Investors looking to play the rebound in airline stocks should pass up AAL stock because the firm's shaky finances will hurt its recovery.

29 May 14:30 InvestorPlace 24614510976936278.html
Newmark Capital tipped as buyer of $120m David Jones store

Melbourne-based Newmark Capital has started the ball rolling in post COVID-19 retail property deals.

29 May 14:00 The Age 7967730561096338096.html
Lockdown effect: Core sector output crashes record 38.1% in April

Infra segment hurt the most as cement and steel output tank by more than 80 per cent

29 May 14:04 Business-Standard 1502508926377583343.html
Deloitte's call for Virgin emergency cash rejected as liquidity fears rise

The federal government has rejected at least one direct plea from Virgin Australia's administrator Deloitte for emergency funding, raising concerns it might fall into liquidation before new owners are found.

29 May 14:00 Brisbane Times 2314609338372968596.html
Low Q4 growth telling commentary on economic mismanagement of BJP govt: Chidambaram

'We had forecast that GDP for Q4 will touch a new low at below 4 per cent. It has turned out to be worse at 3.1 per cent. It is a telling commentary on the economic management of the BJP government,' he tweeted.

29 May 14:25 Oneindia 2023829370827307807.html
US consumer spending sinks by record 13.6% in face of virus

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

29 May 14:03 KitchenerToday.com 52741010604468209.html
Could First Solar Be a Millionaire-Maker Stock?

It's a great company, but is it a great stock?

29 May 14:34 The Motley Fool 2231313659069203295.html
Farm sector grows by 5.9% in Q4 of 2019-20; future uncertain due to Covid

As the data relates to pre-Covid lockdown period it does not reflect the real picture of distress which unfolded from April onwards in the sector

29 May 14:33 Business-Standard 1502508925931308792.html
Nissan settles dispute with Tamil Nadu government over unpaid dues of Rs 5000 crore: Report

The Japanese auto major was to receive between Rs 1400 crore (USD 185 million) and Rs 1800 crore (USD 238 million) as per the settlement, said the report.

29 May 14:24 The New Indian Express 4718288653695455935.html
Protecting the Dividend at Any Cost Is a Real Risk to Exxon Mobil Stock

An obsession with maintaining its dividend by racking up debt in these uncertain times is a drag on Exxon Mobil Stock.

29 May 14:34 InvestorPlace 24614511125280137.html
Developer offers tenants half-price rent at prime site

Rents are being cut in half in a new office development just south of Sydney's CBD.

29 May 14:00 Brisbane Times 2314609338969901166.html
India quarterly growth worst in two decades as lockdown bites

India's economy grew at its slowest pace in at least two decades last quarter, government data showed Friday, with warnings of far worse to come as it grapples with the fallout of the world's largest coronavirus lockdown. The figures beat even gloomier forecasts, with Bloomberg News predicting

29 May 14:50 Yahoo 7097669638683885976.html
Enterprise became America's largest car rental by hiring 'amiable jocks' straight out of college, and it might help it survive the car rental apocalypse

As other car rental companies begin to bite the dust, Enterprise's unique hiring strategy may allow it navigate unprecedented challenges facing the industry.

29 May 14:41 Business Insider 6060062400428197631.html
If we must have a pay freeze, spare front-line jobs dominated by underpaid women

Any halt to pubic sector pay rises in NSW needs to be short-lived, and the way to recovery must account for the glaring gender pay gap.

29 May 14:00 The Age 7967730561266595844.html
HCL's acquires Cisco's SON tech for $49 million; to boost 5G tech deployment

The acquisition, which comprises of products and services built on Ciscos SON technology, will help HCL cater to customers in the telecommunications industry as SON has become a major component in the move towards 5G networks, including tier-one communications service providers globally.

29 May 14:41 The Economic Times 7653256037900095534.html
Newmark Capital tipped as buyer of $120m David Jones store

Melbourne-based Newmark Capital has started the ball rolling in post COVID-19 retail property deals.

29 May 14:00 Brisbane Times 2314609338115410608.html
Canopy Growth reports $1.3B fourth-quarter loss, hits reset on strategic focus

Canopy Growth Corp. is rethinking its first-to-every-market strategy after reporting a $1.3-billion loss in its fourth quarter. The Smith Falls, Ont.

29 May 14:51 KitchenerToday.com 52741009941289089.html
Emerging trends in warehousing segment post Covid-19 lockdown

At a time when the Indian real estate industry has been facing headwinds on account of a difficult residential market, the warehousing property segment has emerged as a promising investment opportunity for institutional investors.

29 May 14:50 The Financial Express 1288289580173450652.html
Renault, Nissan and Mitsubishi cars to share more commonality than ever before

The Renault-Nissan-Mitsubishi Alliance has faced a rough year globally with management upheavals, dropping sales and a flawed sales strategy. This is a major step towards rectifying these issues

29 May 14:15 OVERDRIVE 7781473804345966862.html
3M: Don't Buy This Dividend King And No, COVID-19 Is Not To Blame

MMM is a Dividend King with a 61-year streak of increasing dividends and has been a dividend growth investor favorite. First-quarter results were acceptable and

29 May 14:00 Seeking Alpha 5725634556593723098.html
IOI Properties’ Q3 profit falls due to Covid-19 pandemic

KUALA LUMPUR, May 29 — IOI Properties Group Bhd’s (IOIPG) net profit in the third quarter (Q3) ended March 31, 2020, fell 63 per cent to RM71.36 million from RM194.70 million a year earlier. Revenue for the quarter declined to RM401.43 million against RM487.74 million previously. The property...

29 May 14:28 Malaymail 302165936526440293.html
Gold Price News and Forecast: XAU/USD at yesterday’s high [Video]

The outlook for gold remains on a knife edge. Following the rebound from $1693 on Wednesday the market has rallied back into the resistance around the

29 May 14:25 FXStreet 4480975639675321478.html
ET View: Even before Covid, economy was slumping

The government needs to fix the banks and create a functional bond market. This alone can raise the rate of investment. Gross fixed capital formation as a share of GDP was down to 26% in Q4 of 2019-20, and 26.9% for the year as a whole. Without raising it by six percentage points of GDP, India cannot shed its low growth trap.

29 May 14:23 The Economic Times 7653256036853689829.html
Deloitte's call for Virgin emergency cash rejected as liquidity fears rise

The federal government has rejected at least one direct plea from Virgin Australia's administrator Deloitte for emergency funding, raising concerns it might fall into liquidation before new owners are found.

29 May 14:00 The Age 7967730561353896084.html
Hotels report 82% drop in occupancy; recovery unlikely before September

The other key parameter ADR (average daily rate) has come down sharply as well. For instance, the average room rate for a branded hotel in April was Rs 4,113 per night, which was 27 per cent lower than the ADR in the same month last year

29 May 14:08 Business Today 1145527432693173906.html
Volkswagen invests US$2.2b in Chinese electric vehicle sector

Volkswagen said on Friday it will invest around 2 billion euros ($2.2 billion) in two Chinese companies in the electric vehicle sector, calling it ...

29 May 14:53 CNA 5644198863838329826.html
We must create more jobs, not give extra money to public servants

Public sector pay rises in the middle of a global pandemic do not benefit the 8 million people of NSW, many of whom are suffering right now.

29 May 14:05 Brisbane Times 2314609338311368341.html
Nutanix: Strong Subscription Revenue Proves Bull Thesis

Nutanix reported revenue and billings growth of 11% during the quarter, though subscription revenue grew an impressive 55% and represents ~82% of total revenue.

29 May 14:17 Seeking Alpha 5725634557541200366.html
Consumer Spending Fell 14% In April, Led By Much Lower Food Expenses

Disposable incomes rose by 13%, lifted by federal coronavirus relief efforts, but a lot of this extra cash ended up in savings accounts.

29 May 14:00 The Motley Fool 2231313658963173508.html
With New Vehicles on the Horizon, Ford Stock Is Back in Gear

Ford's Mustang Mach-E will give Tesla a run for its money, plus the Bronco and F-150 will get fans excited again

29 May 14:55 InvestorPlace 24614510595662856.html
Bank credit shrinks 1.2% in April, gross bank credit falls to Rs 91.53 trn

Loans in the retail segment contracted 2.5 per cent to Rs 24.90 trillion

29 May 14:41 Business-Standard 1502508924560375248.html
Retail inflation for industrial workers eases to 5.45% in April: Labour ministry data

Lauding the efforts of the Labour Bureau which collects and released Consumer Price Index-Industrial Workers (CPI-IW), Labour Minister Santosh Gangwar said the 'cost of living index' data collection and release by the bureau in these difficult times during the lockdown is commendable and would go a long way to help in policy making in the country.

29 May 14:50 The Economic Times 7653256037439791092.html
CIL's coal quota under e-auction for non-power sector up 3-folds in Apr

The scheme was launched in 2015-16 to make coal available to non-power consumers, including captive power plants

29 May 14:17 Business-Standard 1502508924585035097.html
Government urged to act before more regional journalism jobs go

Communications Minister Paul Fletcher is under pressure to allow mergers between regional media companies as fears grow of more job losses.

29 May 14:00 Australian Financial Review 3974284486448492637.html
Govt lowers GDP growth rates for Q1, Q2 and Q3 in revised data

GDP growth has now been revised to 4.4 per cent in Q2 compared to 5.09 per cent earlier

29 May 14:03 Business Today 1145527431900538858.html
Redcape Hotel to reopen pubs as restrictions taper off

Listed pub group Redcape says its primed to reopen its doors on Monday, with new-look properties and changes to how it serves customers in the post-pandemic era.

29 May 14:00 The Age 7967730561984958381.html
7 Stocks to Buy to Ride the Vegan Wave

Plant-based foods have become big business in America. And these food stocks to buy show that America is crazy about meatless alternatives.

29 May 14:00 InvestorPlace 24614509710905256.html
"Bleak and depressing reading” - Figures highlight retail sector lockdown woes

The latest national retail figures make for “very bleak and depressing reading” as the effect...

29 May 14:31 Newstalk 7635722259010034326.html
CIMFR recruitment 2020: Apply for 23 posts for technical assistant, check details

CIMFR recruitment 2020: A total of 23 posts are on offer. The application process is on and interested and eligible candidates can apply till July 25 at the official website, cimfr.nic.in.

29 May 14:25 The Indian Express 2885715104254085022.html
German government fails to agree on green hydrogen strategy

BERLIN/FRANKFURT (Reuters) - Germany’s government on Friday failed to agree on a national hydrogen (H2) strategy, with ministers divided over proposed capacity and implementation times for the long-awaited plan to help decarbonise the economy and cut carbon dioxide emissions.

29 May 14:40 Reuters 8334514180158956956.html
Selling My Uber To Get More Uber

A Grubhub deal seems like a foregone conclusion at this point. Uber seems like the most likely winner of a consolidation deal at this time. Other players like D

29 May 14:42 Seeking Alpha 5725634556878880961.html
GBP/USD: New month, new falls amid a never ending Brexit story

GBP/USD cannot complain about the lack of volatility – albeit things are becoming more complex. The first week of June consists of top-tier US publica

29 May 14:52 FXStreet 4480975639183459010.html
Bricks and slaughter as CBDs turn to ghost towns

Billions of dollars are up in smoke in the office heartlands of Australia's biggest cities after workers fled to escape the spread of the deadly COVID-19 virus, leaving investors wondering if the sector can ever regain its reputation as a defensive yield play.

29 May 14:00 Australian Financial Review 3974284487709424942.html
British American Tobacco contests South African lockdown ban

British American Tobacco South Africa says a continued ban on legal cigarette sales threatens the sector and the livelihoods it supports

29 May 14:15 Rappler 1882105641808094582.html
Redcape Hotel to reopen pubs as restrictions taper off

Listed pub group Redcape says its primed to reopen its doors on Monday, with new-look properties and changes to how it serves customers in the post-pandemic era.

29 May 14:00 WAtoday 6806590899450220461.html
No decision taken on setting up bad bank: Finance Ministry official

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

29 May 14:15 The Economic Times 7653256036578699135.html
Last day for buying, selling RIL-Rights Entitlement, shares surge 48% from May 20; should you buy today?

From an opening price of Rs 152 on May 20, Reliance Industries' rights entitlement (RIL-RE) share price has surged 48 per cent to hit today's high of Rs 225 apiece on NSE.

29 May 14:33 The Financial Express 1288289579526648990.html
Reality check for hot city fringe office markets

Vacancy in city fringe office markets is expected to almost double by the end of next year.

29 May 14:00 Brisbane Times 2314609338972573554.html
Brookfield open to working with other Virgin bidders

Brookfield is back in the Virgin race. A big weekend of negotiations loom, but only two bidders can be allowed to go past Monday.

29 May 14:00 Australian Financial Review 3974284486490834677.html
We'll All Be Renting a Local Airbnb This Summer

Yes, people are itching to travel, but their first holidays are likely to be close to home.

29 May 06:00 Bloomberg 4032480122022285735.html
Auto index outperforms benchmark Sensex for second straight month

In the past two months, M&M has rallied 55%, while Hero MotoCorp soared 46% followed by Escorts (up 37%) and Bajaj Auto (up 32%)

29 May 06:00 Business-Standard 1502508926111214522.html
India using public digital infra to achieve economic goals at home, connect globally: Jawed Ashraf

India's High Commissioner to Singapore Jawed Ashraf further noted that building digital connectivity and partnerships with Singapore and ASEAN countries, is a priority for India and highlighted how technology has been used effectively to achieve public policy goals in the country during COVID-19 disruptions.

29 May 06:45 The Economic Times 7653256037878900147.html
Worley to provide EPC services for consumer-plastics-to-BTX plant in U.S.

Worley (North Sydney, Australia) will provide engineering, procurement, and construction (EPC) services for Encina’s (Houston) consumer-plastics-to benzene

29 May 06:29 Chemical Engineering 9204118372853013991.html
Wellness company to create 100 jobs with Cork City plant

Doterra’s European manufacturing HQ will be located in the northern suburbs of the city

29 May 06:34 The Irish Times 8204772967383249239.html
ASB Quarterly Economic Forecast: Fast and furious

New Zealand is emerging out of lockdown into a very different world to the one we all heralded in at the start of the year, and although for us the health crisis may be easing, the economic one is only just starting.

29 May 06:00 www.voxy.co.nz 6138926313939512278.html
Urban commuters wary of using public transport when lockdown measures relaxed; private vehicles, solo ridership preferred, finds survey

In the times of social distancing, public transport would not be preferred for the next few months, said respondents in a survey

29 May 06:59 Firstpost 4760741713054306685.html
Stephen Mayne: Time for the Murdochs to sell out of News Corp

Rupert Murdoch needs to put up money to support Australian journalism, or be forced to sell the company, Stephen Mayne argues.

29 May 06:00 The New Daily 5848147786678329620.html
Budget deficit hits $40b and still rising

The federal budget deficit had blown out to $40 billion by the end of April, as coronavirus emergency spending began to kick in and tax revenue was squeezed.

29 May 06:20 Australian Financial Review 3974284487855999377.html
Renault to restructure factories, confirms 15,000 job cuts

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

29 May 06:25 The Times of India 6060938663569387067.html
The London flat a raffle firm is STILL struggling to give away: East End property will now come with a £30k Land Rover - but ticket sales are still way off target

A property raffle has added a £30,000 car to its original prize pot of a £500,000 London flat in a bid to tempt more customers to purchase tickets.

29 May 06:15 Mail Online 124328112087517582.html
Rising US job losses stoke fears of lasting economic damage amid pandemic

The numbers are extraordinarily high by historical standards, economists have warned.

29 May 06:58 Shropshire Star 3480199992558073199.html
The Govt Just Axed Its Fucked Robodebt Scheme & Is Now Refunding A Casual $721 Million

The Australian Federal Government has today announced that they will refund the $721 million worth of funds recouped by the robodebt scheme.

29 May 06:07 Pedestrian TV 5961900144341262654.html
Access Bank plans more loans for health care - The Nation Nigeria

Access Bank Plc is set to disburse loans through the Central Bank of Nigeria (CBN) credit support scheme to boost the pharmaceutical and healthcare...

29 May 06:17 Latest Nigeria News, Nigerian Newspapers, Politics 2658445900604553237.html
Stick or twist? Investors face coronavirus-induced property dilemma

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

29 May 06:24 Reuters 8334514181808271278.html
Energy Transfer: Showing The Strength Of The Midstream Model

Energy Transfer saw its results impacted by the coronavirus outbreak but they overall held up okay. The company has a reasonably strong customer base that shoul

29 May 06:50 Seeking Alpha 5725634557567394150.html
Firms must pay 20 per cent of wages for furloughed staff from August, Rishi Sunak will say today as he starts to wind down massive bailout despite fears of a wave of redundancies

Chancellor Rishi Sunak will declare that businesses should start taking some of the burden despite fears of a wave of redundancies.

29 May 06:50 Mail Online 124328110550893646.html
French carmaker Renault to take extreme measures on costs, cuts 14,000 jobs

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

29 May 06:51 Gulf News 2086521545202241887.html
Poland: NBP surprising cut leaves room for the zloty to weaken – TDS

The NBP has again surprised the consensus by cutting rates by 40bps to 0.1%, economists at TD Securities apprise. EUR/PLN trades at 4.4563 after risin

29 May 06:59 FXStreet 4480975639366916017.html
Non-essential shops to reopen: What shops will it include and when will it happen?

The government has unveiled a full list of the shops which will be allowed to reopen in England under new guidelines from 15 June. The measures are part of the second phase in Boris Johnson’s roadmap

29 May 06:39 The Independent 2511519172081429016.html
Paddy Power Betfair owner raises €904m in share sale

Flutter seeks to cut debt burden after merging with Canadian rival the Stars Group

29 May 06:59 The Irish Times 8204772968756872413.html
Southwestern Energy: Bullish On Gas Prices, But Clarity On 2021 Hedges Needed

The natural gas markets are poised to rally substantially, as production is declining, while the summer is expected to be abnormally warm. SWN follows a rolling

29 May 06:03 Seeking Alpha 5725634557612117206.html
Neimeth’s share price rises by 114.6% in 2 months

Neimeth International Pharmaceuticals Plc’s share price rose by 9.57 per cent to N1.03 per share on Thursday at the Nigerian Stock Exchange (NSE)....

29 May 06:05 Latest Nigeria News, Nigerian Newspapers, Politics 2658445900043425010.html
Weekly Sentiment Indicators Improving

33.07% of respondents in AAII's weekly sentiment survey reported as bullish this week, up from 29% last week. After the 1.17-percentage point decline to 42.13%

29 May 06:17 Seeking Alpha 5725634556273458521.html
GDP growth likely be at 3.6% in Jan-Mar quarter, says Care Ratings; govt to release data today evening

The country's GDP growth is likely to be at 3.6 percent in January-March 2020 as economic activity came to a complete halt due to the countrywide lockdown imposed to contain the coronavirus outbreak, says a report

29 May 06:22 Firstpost 4760741711868037707.html
COVID-19: AMCON seeks aviation sector bailout - Premium Times Nigeria

The Asset Management Corporation of Nigeria (AMCON) has asked the federal government to bailout the aviation sector...........

29 May 06:26 Premium Times Nigeria 5456729299827100809.html
Renault announces nearly 15,000 job losses worldwide

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

29 May 06:24 RTE.ie 7595237278015603014.html
The future of online higher education in Pakistan

Some claim that infrastructure, access to technology and connectivity are not set up to equitably meet...

29 May 06:03 The Express Tribune Blog 736159585935641480.html
After Infosys, now Wipro hires a Capgemini top executive as CEO & MD

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

29 May 06:59 Business-Standard 1502508926502333377.html
How private equity is a risky play for the economy and jobs

Beyond the stock market and big banks, one of the biggest players in the economy operates with no regulation and an often-destructive track record.

29 May 06:01 The Seattle Times 9121942836567591831.html
WTI struggles to cheer USD weakness, drops 1.40% in Asia

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

29 May 06:03 FXStreet 4480975639912635548.html
UK business confidence at its lowest since December 2008

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

29 May 06:33 Gulf News 2086521543889043406.html
UK Business Confidence Lowest Since 2008 Despite Easing of Lockdown, Top Bank's Survey Finds

The UK government has announced a lockdown exit strategy that will allow most businesses to reopen throughout the summer, but the number of firms that anticipate laying...

29 May 06:22 Sputniknews 967333868400057564.html
Bannon: World must stop China in Hong Kong

Via The Wire comes Steve Bannon:

29 May 06:00 MacroBusiness 6890797929231264924.html
External borrowings to rescue as Senate cuts 2020 budget to N10.509 trillion

The Federal Government yesterday changed the earlier plan of drastically slashing the 2029 passed budget of N10.594trillion to N9trillion by reducing it with just about N85billion through a new proposal of N10.509trillion .

29 May 06:00 The Guardian 7580308504631764895.html
Commentary: Embattled China knows its national priority is the economy

Notwithstanding controversy over a Hong Kong security law and brewing tensions with the US, proceedings at the National People’s Congress and ...

29 May 06:12 CNA 5644198863821801283.html
India's economy seen slowing rapidly in March quarter, with worse to come

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

29 May 06:21 Bdnews24 8119004129304994366.html
Gold: Strongly rejected at $1727.37

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

29 May 06:29 FXStreet 4480975638095678884.html
Industry cries foul over Mahavitaran's new billing system

An industrial unit from Sangli whose consumption was 7595 units in March under new system received a bill for 37,650 units and got five times bill.

29 May 06:18 Mumbai Mirror 1209961192288287929.html
Coronavirus impact: Volkswagen rolls out customer-centric financial schemes

Volkswagen India has introduced leasing and finance options for customers who are interested in buying a Volkswagen product.

29 May 06:09 OVERDRIVE 7781473804071416563.html
Save-on-Foods ends hazard pay for staff, other grocers continue it

Essential service workers in the grocery sector receiving extra pay during the pandemic will be watching their paycheques in the coming weeks as companies re-evaluate how they compensate employees.. . .

29 May 06:00 Times Colonist 7617512062017680967.html
Measure vs. pandemic threats to FIs approved

A bill seeking to strengthen the resiliency of the country’s financial industry has gained traction with its second reading approval in the House of Representatives.

29 May 06:33 Journal Online 6375127392569677882.html
Wipro shares gain nearly 4% on Thierry Delaporte’s appointment as CEO, MD of company

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

29 May 06:10 Firstpost 4760741713225168042.html
China-led AIIB approves $750-million loan for PH's virus response

The loan from the Beijing-based multilateral lender will be used to increase the Philippines' testing capacity and provide conditional cash transfers to poor households

29 May 06:15 Rappler 1882105641969820404.html
French carmaker Renault announces 15,000 job cuts worldwide

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

29 May 06:52 KitchenerToday.com 52741009702364975.html
Study provides an ethical way to advance medical discovery and innovation

Every major medical center in America sits on a gold mine. The data they hold about their patients and research participants could be worth millions of dollars to companies that would explore it for clues that could lead to new medicines, medical technologies, health apps, and more.

29 May 06:47 News-Medical.net 4522523030673184485.html
VW spending $2.2B to expand in China’s electric car market

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

29 May 06:38 TechGenyz 5378425015913960931.html
Rising Up To The Challenge: How Indian Railways Has Become PPE Self-Reliant

Indian Railways is now manufacturing its own high-quality PPEs and other protective gear at affordable cost.

29 May 11:56 Swarajya 4977622829409158641.html
EasyJet and Carnival poised to exit FTSE 100 as virus hammers travel firms

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

29 May 11:40 Express & Star 7324224459913360059.html
Decoding the Stock Market: The Vocabulary of Volatility

Here are some of the most important volatility concepts for investors to know.

29 May 11:03 The Motley Fool 2231313659254291134.html
Inflation pushes sharply into negative territory

Consumer price inflation here fell by a dramatic 0.9pc in May according to a first estimate by European Statistics Agency Eurostat.

29 May 11:06 independent 5894610845579897210.html
Lifetime community rating cited for rise in low cover health plan purchases

Research suggests many first time buyers bought cheap plans with limited benefits

29 May 11:51 The Irish Times 8204772969029625638.html
COVID-19: Planning For Major Projects At NZ’s Largest Industrial & Residential Development Underway

More than a fifth of the 170 hectares of commercial land available at the country’s largest industrial and residential development have now been sold as businesses look to establish large scale local operations in a post-COVID environment.

29 May 11:22 SCOOP 5315658999200689530.html
TikTok maker ByteDance looks to shift power out of China amid rising global tensions

TikTok’s poaching of Disney’s Kevin Mayer to be its CEO was just the most visible part of a broader strategy by its Chinese owner to shift its centre of power away from China at a time of rising global tensions, several people familiar with the plans said.

29 May 11:39 The Financial Express 1288289580497014385.html
Ringgit higher against US dollar on improved global sentiment

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

29 May 11:27 Malaymail 302165935460244915.html
'McLovin it': McDonald's to reopen East Kilbride drive-thrus next week

The fast food favourite will announce which Golden Arches branch is reopening only on the morning that service is resuming in order to manage demand.

29 May 11:29 dailyrecord 552235479587015592.html
Media literacy lessons a must for schools

The COVID-19 pandemic has highlighted the importance of teaching students the difference between real and fake or misleading news say the authors of a new report into news media literacy education.

29 May 11:50 phys.org 3476726124363816262.html
Why The S&P 500 Rebounded And Why It (Maybe) Makes Sense

True corporate profits have stagnated since 2012, clouded by lower tax rates, and share buybacks. Lower interest rates are not a justification for higher valuat

29 May 11:30 Seeking Alpha 5725634557753773492.html
Road User Charges from 1 July 2020 - NZ Post

The Government has recently announced changes to the Road User Charges (RUC), which will take effect from 1 July 2020. See the Ministry of Transport website for more information.

29 May 11:49 www.voxy.co.nz 6138926314055383108.html
Coronavirus vaccine: Pfizer CEO claims COVID-19 medicine could be ready by October-end

American pharmaceutical giant Pfizer is conducting clinical trials with German firm BioNTech on several probable vaccines in Europe and the United States

29 May 11:51 Business Today 1145527431919393916.html
Starling Scores $49 million From Its Investors

Starling, a United Kingdom-based digital bank, has raised $49 million in a funding round led by its investors Merian Chrysalis Investment Co. and Harald McPike.

29 May 11:10 PYMNTS.com 7357138824925092766.html
10 things you need to know before the opening bell

This is what traders are talking about.

29 May 11:52 Business Insider 6060062400099946748.html
Sun Pharma to test pancreatitis drug in Covid-19 patients in India

Sun Pharma it has initiated manufacturing of the active pharmaceutical ingredient and the finished product of the drug using technology from its unit, Pola Pharma Japan.

29 May 11:20 Business-Standard 1502508925866512974.html
Credit guarantee scheme: No immediate 100% payments to banks if MSMEs default

On the face of it, the guarantee scheme is a great deal for banks as there is no risk of losing money. But in reality, it is going to be a tough task for banks to get the full guaranteed amount from the guarantee corporation

29 May 11:37 Business Today 1145527431859714419.html
7 5G Stocks to Buy for the Future of Telecom

Sure, many investors are still obsessing over the coronavirus, but it's time to invest in the future. That's why these 5G stocks are buys now.

29 May 11:50 InvestorPlace 24614511023480498.html
Wall Street Breakfast: U.S.-China Tension Ratchets Up

Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha, iTunes, Stitcher and Spotify (click the highlighted

29 May 11:10 Seeking Alpha 5725634556738384089.html
Learning From The Ups And Downs Of The Stock Market

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

29 May 11:34 Seeking Alpha 5725634557338999415.html
P2P Lender Archover to Begin Offering New Secured Lending Again, According to Charlotte Marsh, MD at ArchOver

Charlotte Marsh, managing director at ArchOver, a peer-to-peer (P2P) lending platform supporting SMEs business borrowing, has argued that the COVID-19 outbreak

29 May 11:41 Crowdfund Insider 6834688073570049868.html
This telco stock has doubled in two months; eyes fresh highs

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

29 May 11:11 Business Today 1145527432305073468.html
Healthcare facilities see 80% fall in revenue: Survey

The Covid-19 pandemic has left the Indian private healthcare sector in acute financial distress, a new survey said on Friday adding that the healthcare facilities in the country have witnessed at least 80 per cent fall in average revenue.

29 May 11:42 Nagalandpost 3019528212496867830.html
Warner Music IPO aims to strike a chord in ‘Six Feet Apart’ era

Streaming likely to boost investor interest amid pandemic lockdowns

29 May 11:12 Gulf News 2086521543778184271.html
Vodafone Idea dismisses report of Google buying stake

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

29 May 11:47 Business Today 1145527431791070335.html
Pradhan envisages home delivery of petrol, CNG

“The government has already started mobile dispensers for diesel.”

29 May 11:55 The Hindu 6679535024984439283.html
Renault to slash about 15,000 jobs in €2bn cost-cutting plan

Carmaker eyes production cuts after fall in demand during coronavirus crisis

29 May 11:08 Ft 707176890028434978.html
Pound-to-New Zealand Dollar Rate Breaking Down into New Lower Range, but Nears Support

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

29 May 11:01 The Pound Sterling Live 6614579506626126971.html
Marathon Oil Stock Will Continue to Limp Along as the Pandemic Continues

MRO stock is down 56% from last December, and it doesn't seem like stock will rally anytime soon considering the volatility in the market

29 May 11:48 InvestorPlace 24614509883249201.html
EasyJet and Carnival poised to exit FTSE 100 as virus hammers travel firms

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

29 May 11:40 Shropshire Star 3480199992367182523.html
AMD Stock May Look Weak, but There’s Still Lots of Opportunity

It’s had a great run and there’s now evidence of better things to come, but AMD stock investors need to respect a good defensive game first.

29 May 11:17 InvestorPlace 24614510158728124.html
Iput secures €200m in ‘green finance’ for delivery of new LinkedIn HQ

Funds form part of €300m revolving credit facility agreed with Wells Fargo Bank

29 May 11:15 The Irish Times 8204772969274626417.html
World coronavirus dispatch: The UK-NZ-Germany success, and Korea's haste

From carmaker Renault laying off 14,600 people, to S&P's downgrading Rolls-Royce to junk, and the third type of coronavirus transmission - read these and more in today's world dispatch

29 May 11:23 Business-Standard 1502508925455113098.html
Tesla CEO Musk earns incentive payout worth $775 million in first tranche

The compensation plan, approved by shareholders in 2018, consists of 20.3 million stock option awards broken up into 12 tranches of 1.69 million shares

29 May 11:50 Business Today 1145527431722943102.html
Stop and Shop extends 10% pay bump for hourly workers

Stop and Shop plans to extend a 10% pay increase until July 4.

29 May 11:16 ABC7 New York 7327811148151447102.html
Market movers: Vodafone in focus, pharma names rally; 2 stocks give sell signals

Here is what happened in Fridays session.

29 May 11:45 The Economic Times 7653256036879783772.html
In Boom-and-Bust San Francisco, Pandemic Brings Grim New Reality

Uber, Lyft and Airbnb have slashed thousands of jobs. Salesforce and Visa are letting employees work remotely for months; Twitter and Square are allowing them to do so for good.

29 May 11:00 Bloomberg.com 4032480120809308584.html
Epiroc secures contract from Codelco for Chuquicamata mine in Chile

Epiroc has secured a large equipment and service contract from Chilean state-owned copper miner Codelco for use at its Chuquicamata mine in northern Chile.

29 May 11:39 Mining Technology 639193375526543519.html
First Horizon National: A 6.5% Yield Your Portfolio Should Have

First Horizon National is one of the largest regional banks in the Southeast with more than $32 billion in deposits. The company has seen strong loan growth amo

29 May 11:08 Seeking Alpha 5725634557036119502.html
GSMA, O-RAN Alliance join-up as operators tipped to jump on tech

The GSMA and O-RAN Alliance became the latest organisations to announce joint efforts to help ...

29 May 11:31 Mobile World Live 2109488010684858972.html
Boyd Gaming: Vegas Locals Market Spurt Will Drive Faster Recovery Than Strip After June 4th Reopening

The Las Vegas locals market has been one of the strengths of Boyd. Demos suggest a quicker revenue recovery than strip properties. Pre-virus growth showed balan

29 May 11:19 Seeking Alpha 5725634556408696321.html
Viettel selects Digital Virgo for carrier billing

Vietnam-headquartered Viettel Group signed a global deal with Digital Virgo to deploy its direct carrier ...

29 May 11:08 Mobile World Live 2109488011476939013.html
Amazon in talks for new Dublin office even as virus hits

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

29 May 11:56 BNN 3833521688599124217.html
SkipTheDishes has seen an 89 percent jump in new restaurants during the COVID-19 pandemic

SkipTheDishes has revealed new data regarding how its business has been faring during the COVID-19 pandemic.

29 May 11:02 mobilesyrup 1267416331958219416.html
Heralding a new era for agriculture

While the recent reform steps and stimulus package for agriculture will go a long way in boosting farmers’ income, price volatility in perishables continues to be a challenge

29 May 11:22 BusinessLine 5283600858289205.html
Brexit Boost: Nissan Backs Britain as It Pulls out of EU

Japanese carmaker Nissan has announced that it will retain its plant in Sunderland, England, but will be closing its factories in Spain.

29 May 11:06 Breitbart 3148363492360032007.html
Norway plans $369 million green industry investments

OSLO (Reuters) - The Norwegian government proposes spending 3.6 billion Norwegian crowns ($369 million) on investments to make its economy greener as it gradually emerges from coronavirus lockdowns, the government said on Friday.

29 May 11:40 Reuters 8334514179907488643.html
Month-End Profit-Taking Weighs On Equities As The Euro Pops Above $1.11

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

29 May 11:50 Seeking Alpha 5725634556758868394.html
Work and wellbeing bounce back during coronavirus crisis

Government measures to arrest the economic impact of COVID-19 have helped stop further job losses and declines in working hours, new analysis from The Australian National University (ANU) shows.

29 May 11:50 phys.org 3476726124809859489.html
Apple’s Deirdre O’Brien in Top Five of Inaugural ‘Queer 50’ Business Leaders List

Apple's VP Deidre O'Brien was named at number of five in Fast Company's first-ever 'Queer 50' list - the highest-ranked tech exec.

29 May 11:10 The Mac Observer 5087532647837158180.html
Expect demand to start picking up post Diwali: Nitin Jain

‘We have to ensure that the companies in this period are able to sustain themselves

29 May 11:35 The Economic Times 7653256037481887652.html
Who is Thierry Delaporte? Three interesting facts about Wipro’s new boss

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

29 May 11:07 The Financial Express 1288289579772078494.html
Canopy posts $1.3-billion loss on impairment and restructuring charges; shares tumble

Ontario-based Canopy Growth’s net loss attributable to the company widened to $1.30 billion, or $3.72 per share, in the quarter ended March 31, from $379.5 million, or $1.10 per share, a year ago

29 May 11:20 The Globe and Mail 68426410471618137.html
Two-Mile-Borris' Blackcastle Farm sausages for Aldi from this Sunday

The amazing 1% fat  beef sausages will be on sale from this Sunday for a week as part of Aldi Grow project

29 May 11:35 TipperaryLive 1097599577306007310.html
EasyJet and Carnival poised to exit FTSE 100 as virus hammers travel firms

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

29 May 11:43 Jersey Evening Post 6141642774448763579.html
Uber Says AB5 Could Cost 158,000 Drivers Their Jobs

If Uber is forced to classify drivers in California as employees, 158,000 will be out of work, the company said. Passengers could see prices rise by 120 percent.

29 May 11:15 PYMNTS.com 7357138824902523316.html
Core sector output contracts 38% in April owing to stalled economic activity

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

29 May 11:36 The Economic Times 7653256038152259740.html
Formula 1: Williams considers sale of team as board struggles from £13 million loss in 2019

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

29 May 11:20 Firstpost 4760741712059244381.html
Franklin Templeton’s legal troubles rise as Madras HC issues notice

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

29 May 11:20 Livemint 6614605818260377020.html
Iconic luxury department store Harrods to open its first outlet location in a bid to shift excess stock that has built up in its store during the lockdown

Harrods outlet store opens at Westfield shopping center in London in July.

29 May 11:50 Business Insider 6060062399872233831.html
COVID-19 Watch: Hotels, airlines look for new revenue streams, hold on to cash to tide over liquidity crunch

Other steps like drastic cost control and a sharp reduction in future supply addition are also in the offing.

29 May 11:41 The Indian Express 2885715105007911899.html
Aquaculture industry set to be a boon for Northern Australian economy

Northern Australian aquaculture is set to increase its production five-fold to exceed $1.34 billion in value and produce more than five times its current volume of fish, prawns and other seafood products ...

29 May 11:49 phys.org 3476726123122936238.html
UK’s Project Birch revives age-old problem of ‘picking winners’

State aid policy must stand on its own merits and not be muddled up with Covid-19

29 May 11:58 Ft 707176889591263189.html
Vodafone Idea Denies Reports Of Likely Stake Sale Talks With Google

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

29 May 11:21 Bloomberg | Quint 7403450741658805191.html
Really Australia, it's not that hard: 10 reasons why renewable energy is the future

Australia's latest greenhouse gas figures released today show national emissions fell slightly last year. This was by no means an economy-wide effort—solar and wind energy did most of the heavy lifting.

29 May 11:21 Tech Xplore 4945708899360301948.html
New York gold traders are drowning in a glut they helped create

Shutdowns strangle supply routes that allow physical bullion to move around the globe

29 May 11:12 Gulf News 2086521545054567926.html
BharatPe’s card-accepting machinewith zero MDR may go live in June

Merchant payment and lending network company BharatPe is working on a card-accepting machine with zero MDR, which is likely to go live by next month. “BharatSwipe will be our card machine. It will be

29 May 11:03 BusinessLine 5283600425392347.html
Lifetime community rating leads to rise in low cover plan purchases

Research suggests many first-time buyers bought cheap plans with limited benefits

29 May 11:51 The Irish Times 8204772968747832241.html
Labour ministry to provide free skills training to job seekers registered on National Career Service portal

The training will encompass modules on corporate etiquette, improving inter personal skills, making impactful presentation including other necessary soft skills needed by the industry. The training module is available in two languages, Hindi and English, on the NCS portal.

29 May 11:11 The Economic Times 7653256036419871776.html
Vodafone Idea issues clarification on reports of Google picking stake in company

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

29 May 11:12 The Statesman 1191309781477413474.html
Use of public transport likely to dip for 6 mnths post lockdown: CSE survey

Within six months after the lockdown, metro ridership will decline from 37% in pre-lockdown period to 16%, the CSE said.

29 May 11:18 Business-Standard 1502508926281980706.html
Covid-19 creating chaos on many fronts

WITH the global death toll now more than 360,000 and still rising, the Covid-19 pandemic is creating health, ethical, social, business, economic and political chaos.

29 May 11:50 The Malaysian Insight 3531883210610514597.html
AUD/USD trades at fresh session highs near 0.6660 ahead of key US data

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

29 May 11:55 FXStreet 4480975639795728787.html
TJ Maxx, Marshalls, HomeGoods expect to reopen end of June

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

29 May 11:07 ABC7 New York 7327811148520830872.html
Consumer confidence up for first time in five months in Japan

The figure is the second-lowest since April 2004 and lower than the 27.5 posted in January 2009 during the global financial crisis.

29 May 11:49 The Japan Times 6673764367442748289.html
Volkswagen Looks East To China, Pledges €2bn To Boost Beijing's Electric, New Energy Vehicle Market

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

29 May 11:19 Sputniknews 967333867515316499.html
Coronavirus: New mortgage holiday should affect credit record, says Nationwide boss

The UK's biggest building society says struggling applicants should be flagged to lenders.

29 May 11:11 BBC News 3883826129000471240.html
Lockdown 4.0 May Be Last Of Its Kind; Economic Revival Is Now Everybody’s Priority

We should see June as the transition month for a changeover from Lockdown 4.0 to Revival 1.0.

29 May 11:48 Swarajya 4977622830165543172.html
EU's Greenhouse Gas Emissions Continue To Fall As Coal Ditched

An anonymous reader quotes a report from The Guardian: Greenhouse gas emissions in the EU continued their fall in 2018, the latest year for which comprehensive data is available, according to a new report from Europe's environment watchdog. Emissions fell by 2.1% compared with 2017, to a level 23% l...

29 May 11:30 science.slashdot.org 3975130315833701863.html
Got $3,000? Here Are 3 Great Biotech Stocks to Buy Right Now

One big biotech and two small biotechs especially stand out as attractive picks.

29 May 11:03 The Motley Fool 2231313658821025532.html
CWB reports Q2 profit down as provisions for credit losses soar

CWB Financial Group reported its second-quarter profit fell compared with a year ago as the economy tanked due to the steps taken to slow the COVID-19 pandemic and its provisions for credit losses more than doubled.

29 May 11:35 BNN 3833521687813244173.html
Renault to cut 15,000 jobs, save RM9.7 billion by 2024

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

29 May 11:16 Paul Tan's Automotive News 7862472106882391314.html
PruPay Building Text-Based Payments System with PayPal

Payments technology company PruPay has teamed up with Paypal to develop a text-based payments system, allowing merchants to request one-time payments from customers.

29 May 11:02 Finance Magnates 8992138265209422299.html
ByteDance plans to shift its power center from China - Gizchina.com

ByteDance plans to shift its power center from China. The company is actively recruiting top executive and engineers outside China

29 May 11:04 Gizchina 5392375274806747141.html
Rupee rises 11 paise to 75.65 against US dollar in early trade

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

29 May 11:12 Deccan Herald 2027555797530136510.html
TJ Maxx, Marshalls, HomeGoods expect to reopen end of June

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

29 May 11:07 ABC7 Los Angeles 8300010440880764824.html
In a technology-reliant time, researcher studies why people with disabilities are less likely to use technology

In a time when people are self-isolating due to COVID-19 restrictions, technology allows people to work from home through Zoom and to chat with friends and family through social media. This is not so ...

29 May 11:36 phys.org 3476726124631812841.html
When is the Canadian GDP report and how could it affect USD/CAD?

Friday's economic docket highlights the release of monthly Canadian GDP growth figures for March, scheduled to be published at 12:30 GMT. Statistics C

29 May 11:36 FXStreet 4480975638109826880.html
Funds recommend keeping equity allocations on hold at 7-month low: Poll

Asset managers were almost evenly split on whether this year's lows for key indexes would be revisited.

29 May 11:20 The Economic Times 7653256036478608881.html
Asia’s pension reforms call for a multi-pillar approach

As life expectancy continues to increase, with people born in developed countries since 1997 now having a 50-50 chance of living beyond 100 years1, pension systems are faced with handling retirements that could last in excess of 40 years.

29 May 11:00 Business Insider Malaysia 8325046883165733874.html
Elastic: Attractive Expansion Around Its Core Competencies

Elastic is leveraging its core competence in IaaS search technology to expand into the fast-growing cloud security and APM markets. It also continues to maintai

29 May 11:22 Seeking Alpha 5725634557327135754.html
Friday’s small-cap stocks to watch

Our roundup of Canadian small-caps making news and on the move today

29 May 11:53 The Globe and Mail 68426410700191826.html
SA facing ‘hefty’ petrol price increase in June (plus diesel shortages)…

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

29 May 11:07 CARmag 8756669822394456922.html
Semler Scientific: High-Quality Medical Stock With Cash Flow Growth And Zero Debt

Semler Scientific's blood-flow measurement product, QuantaFlo, offers major advantages over the more widely-used blood pressure cuff technique. Semler achieved

29 May 11:25 Seeking Alpha 5725634556199123442.html
Modi’s Rs 21 lakh cr package not enough; industry says govt needs to do this for companies to survive

Given the major disruptions caused by the coronavirus pandemic, the industry has asked for increased government spending, direct cash transfers to consumers, and deferment of taxes.

29 May 11:29 The Financial Express 1288289580943827239.html
‘We thought too big,’ Renault says as it axes 15,000 jobs in cost-cutting reboot

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

29 May 11:03 The Globe and Mail 68426410031045063.html
Inertia and the power grid: A guide without the spin

The power grid is evolving to include ever-higher levels of wind and solar generation—which do not provide inertia, historically a key source of grid reliability. Should system planners and operators ...

29 May 11:40 Tech Xplore 4945708899652031258.html
Sensex rebounds 224 points from day's low, Nifty at 9,580; ONGC top gainer, jumps over 5%

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

29 May 11:10 Firstpost 4760741713521950469.html
Citi indicator sees 70% chance of market losses from here

Daily roundup of research and analysis from The Globe and Mail’s market strategist Scott Barlow

29 May 11:44 The Globe and Mail 68426411743481173.html
Output of eight infrastructure sectors contracts by 38.1% in April

During the month of nationwide lockdown, cement and steel output shrank 86% and 83.9% respectively, while electricity and coal output fell 22.8% and 15.5% respectively

29 May 11:51 Livemint 6614605818931747053.html
Nissan unveils four-year transformation plan – to cut production by 20%, reduce model range, focus on EVs

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

29 May 11:06 Paul Tan's Automotive News 7862472106292843121.html
Magic Leap CEO to step down

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

29 May 11:30 Mobile World Live 2109488009882265867.html
Sun Pharma to test pancreatitis drug in COVID-19 patients in India

BENGALURU (Reuters) - Drugmaker Sun Pharmaceutical Industries Ltd said on Friday it has received Indian regulatory approval to start clinical trials of a pancreatitis drug in COVID-19 patients.

29 May 11:01 Reuters 8334514180344297342.html
Canopy Growth Stock Is Still Among the Most Compelling Marijuana Plays

CGC stock is well-positioned to become a leader in the cannabis industry with its steady partnership with a beverage industry giant.

29 May 11:39 InvestorPlace 24614510498211832.html
Williams set to sell Formula One team following financial losses

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

29 May 15:23 Newstalk 7635722258021998036.html
RBI imposes monetary penalty on 4 banks

The Reserve Bank of India (RBI), on Friday, said it has imposed a monetary penalty on Citibank (₹4 crore), Bharat Co-operative Bank (₹60 lakh), TJSB Sahakari Bank (₹45 lakh), and Nagar Urban Co-operat

29 May 15:50 BusinessLine 5283602141934001.html
Renault to cut 15,000 jobs in ‘vital’ cost-cutting plan

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

29 May 15:06 Gulf News 2086521544679207469.html
Main Street’s Pandemic-Led Shift To Digital Innovation

With the lockdown of the United States economy, SMBs faced the choice of finding digital ways to reach customers or run the risk of going out of business.

29 May 15:00 PYMNTS.com 7357138824777056150.html
Some US asset managers are slashing fees on money market funds so their investors don't lose money because returns are so low

Asset management firms in the US are slashing fees charged on short-term debt funds as plunging interest rates and yields on US government debt ...

29 May 15:45 Business Insider 3364799147224932629.html
Central Bank of Liberia Board Announces Reduction in Monetary Policy Rate

MONROVIA – The Board of Governors of the Central Bank of Liberia (CBL), during its 28 May 2020 sitting, approved a reduction in monetary policy rate to 25%. This comes three months after the CBL’s Board of Governors approved to maintain the monetary policy rate of 30% in February. This move is indicative of the […]

29 May 15:57 FrontPageAfrica 5766546264806783266.html
WHO and 37 countries launch alliance aimed at sharing tools to tackle coronavirus pandemic

The effort aims to provide a one-stop shop for scientific knowledge, data and intellectual property amid a pandemic that has infected more than 5.8 million people and killed more than 360,000

29 May 15:23 The Globe and Mail 68426410378183835.html
EUR/USD: ECB and a packed US data could wane the optimism

EUR/USD is awake, alive, and kicking, hitting the highest in two months. The all-important ECB decision and potentially another devastating US jobs re

29 May 15:02 FXStreet 4480975639795095363.html
Swiss National Bank Has $3.19 Billion Holdings in Amazon.com, Inc. (NASDAQ:AMZN)

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

29 May 15:14 Markets Daily 6922190227095560321.html
Amazon sellers are marking products as ‘collectible’ to get around price gouging rules

Thousand-dollar "collectible" dumbbells and hot tubs.

29 May 15:20 The Verge 1337119304064344503.html
Foreign Exchange Reserves Soar To Record High Of $490.04 Billion

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

29 May 15:36 NDTV.com 5090057681989877129.html
PayPal: Shares Lack Further Upside At The Current Valuation

PayPal has undergone an explosive rally in its share price. Future expectations are set too high. The current valuation does not justify the company's future po

29 May 15:37 Seeking Alpha 5725634557821507936.html
Over 120 Billion Idle XRP Tokens Moved: Volatility Is Near

Ripple’s XRP token is going through a stagnation phase without giving any clear signs of where it is headed next. The cross-border remittances token has been co

29 May 15:00 NewsBTC 7232133510407043702.html
Household income surged in April despite the collapsing labor market

CARES Act benefits worked really well.

29 May 15:00 Vox 6416095789552538487.html
Sebi imposes Rs 28 lakh fine on 14 individuals for fraudulent share trading

Sebi has levied Rs 28 lakh fine paid jointly or severally by 14 individuals.

29 May 15:47 The Economic Times 7653256038285263328.html
Travel industry using cleanliness, celebs to woo customers

NEW YORK/LONDON/BEIJING – Lysol is starring with celebrities and rock-bottom prices in the US$8 trillion (S$11.3t) global travel industry’s pitch to get people back on the road and in the air. What was scrubbed from view now leads marketing campaigns as cleanliness is...

29 May 15:11 thenewpaper 2217039561708247540.html
Instacart’s tip-baiting system is short-changing shoppers, senators say

Congress wants regulators to get involved.

29 May 15:14 The Verge 1337119303192358814.html
Newcastle reveal they have almost doubled profits in last 12 months and Mike Ashley paid for Sports Direct advertising

The latest Newcastle United club have accounts have been published

29 May 15:03 ChronicleLive 1984146901630359770.html
Volkswagen Pumps $2.2 Billion Into China EV Operations, Expands Cooperation With Ford

Earlier this month, Volkswagen announced it was rethinking its plan to use its SEAT brand to spearhead its electric vehicle efforts in China. It wasn't exactly clear at that time what the company's Plan B was. Certainly it was not abandoning its China plans, was it? This week, that question has been answered. The company

29 May 15:54 CleanTechnica 1065744424723918661.html
Economy needs support from PSBs: Union Bank chief

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

29 May 15:17 The Financial Express 1288289581102605242.html
Pound-to-Australian Dollar Rate Won't be Spared by China's Moves against Australia Or USD/CNH

The Pound vs Australian Dollar: Latest GBP/AUD Forecasts, News and Analysis

29 May 15:25 The Pound Sterling Live 6614579508317143090.html
ReneSola Ltd (SOL) CEO Yumin Liu on Q1 2020 Results - Earnings Call Transcript

ReneSola Ltd (NYSE:SOL) Q1 2020 Earnings Conference Call May 29, 2020 08:30 AM ET Company Participants Gary Dvorchak - The Blueshirt Group Asia Yumin Liu - Chie

29 May 15:45 Seeking Alpha 5725634556058519391.html
Council may find it difficult to raise GST rates

IANS New Delhi The GST Council is unlikely to make major changes in the indirect tax structure at its next meeting slated mid June. A top government so

29 May 15:44 The Navhind Times 3656927214949916337.html
GetSwift: A Smart Bet On The Post-Corona Delivery Revolution

GetSwift’s Growth Has Accelerated After Coronavirus Led to More Deliveries and Delivery Model Becomes Widespread Post-Coronavirus. Restaurants Prefer Controllin

29 May 15:41 Seeking Alpha 5725634556765477411.html
'Historic measure': Spain backs minimum income for most vulnerable

"A country does not prosper if it leaves out part of its population," said Spain PM Pedro Sanchez as his government backed the introduction of a minimum income for the country's most vulnerable.

29 May 15:42 euronews 7318238122041744163.html
Low demand, high inventory; housing sector facing its worst: CREDAI head

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

29 May 15:20 Business-Standard 1502508925989600952.html
Magic Leap is looking for a new CEO as founder Rony Abovitz is stepping down

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

29 May 15:12 TechSpot 7732733959875267738.html
New York Community Bancorp: Nice Little Trade

While short-term traders are locking in profit, we think you can stay in this in the longer term. When the company reported earnings, New York and the Tri-State

29 May 15:24 Seeking Alpha 5725634556947087874.html
Brazil GDP shrinks 1.5% in Q1 2020 due to pandemic

The 1st quarter drop in Brazil's gross domestic product only reflects the early effects of the coronavirus crisis, with 2nd quarter numbers expected to be much worse

29 May 15:00 Rappler 1882105642456083619.html
Etsy: A Niche E-Commerce Poised For Growth

Etsy has been firing on all cylinders since 2017 increasing both growth and profitability. Etsy is facing competitive threats from its larger rivals. However, t

29 May 15:18 Seeking Alpha 5725634557298342297.html
Long Read: Can China’s Digital Currency Challenge The Supremacy Of US Dollar?

China may well have offered the spark for a currency war, apart from the ongoing trade and tech war.

29 May 15:36 Swarajya 4977622829367736322.html
Advisors, beef processors and Sheiks top list of largest farm subsidy payments in 2019

Agricultural advisors, semi-State companies, Larry Goodman and Sheiks are among the top beneficaries, as well as farmers, of EU farm payments, according to the latest list of CAP beneficaries published by the Department of Agriculture. 

29 May 15:08 independent 5894610845138235692.html
Global champagne sales fizzle amid coronavirus pandemic because people aren't celebrating

Now this is just cham-painful.

29 May 15:09 Fox News 7362823821073121897.html
India GDP growth slows to 3.1% in Q4 as Covid-19 lockdown hits economy

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

29 May 15:42 Business-Standard 1502508926557212155.html
BP licenses PTA technology to Weilian Chemical

BP plc (London, U.K.) has entered into an agreement to license its latest generation technology for the production of purified terephthalic acid (PTA) to C

29 May 15:21 Chemical Engineering 9204118374904920419.html
India’s housing sector facing its worst-ever crisis: CREDAI

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

29 May 15:45 The Navhind Times 3656927215808293347.html
COVID-19 Impact on Online Lending: Report

The online lending industry has probably suffered more than any other sector of Fintech during the COVID-19 crisis. Borrowers, both businesses and consumers hav

29 May 15:34 Crowdfund Insider 6834688072787632932.html
CannTrust Holdings greenhouse licenses reinstated, plans restart of operations

CannTrust Holdings Inc. says Health Canada has reinstated its licences for its greenhouse in Niagara and that it will immediately restart operations.

29 May 15:57 CTVNews 2422791598895593811.html
Ecolab closes sale of Holchem Group to Kersia

Ecolab Inc. (St. Paul, Minn.) closed on the sale of Holchem Group Limited, a U.K.-based supplier of hygiene and cleaning products and services, to Kersia,

29 May 15:14 Chemical Engineering 9204118373232241829.html
Vodafone-Idea clarifies on reports of Google seeking to buy equity stake, here’s why the stock fell 15%

Cash-strapped telecom major Vodafone-Idea has clarified that its Board is currently not considering any proposal for investment in the comping, a day after The Financial Times reported that internet giant Google could pick up a 5% equity stake in the firm.

29 May 15:31 The Financial Express 1288289581510191022.html
Quarterly growth slides to 3.1 per cent, more pain feared

Worries centre around Covid surge, slow recovery

29 May 15:48 The Telegraph 2864094127792469017.html
COVID-19: CBN introduces regulatory forbearance for financial institutions

the CBN intervention facilities availed through participating OFIs are granted a further one-year moratorium on all principal repayment effective from March 1, 2020

29 May 15:09 The ICIR 2244788520796633778.html
Tesla (TSLA) gets optimistic outlook from Wall St as Q2’s final month approaches

Tesla (NASDAQ: TSLA) recently received an optimistic outlook from Goldman Sachs analysts, with the Wall St. firm maintaining a “Buy” rating on the electric car maker. The updated price target on the company was posted by Goldman Sachs analyst Mark Delaney, who raised TSLA stock’s target from $864 to $925 per share, AnalystRatings reported. TSLA […]

29 May 15:30 Teslarati 613467574464848614.html
US stocks slide as traders await Trump's China news conference

US stocks slipped on Friday ahead of President Donald Trump's news conference on China. US consumer spending in April also posted the biggest dr...

29 May 15:42 Business Insider 3364799147881206347.html
Amazon.com, Inc. (NASDAQ:AMZN) Stock Position Increased by Mogy Joel R Investment Counsel Inc.

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

29 May 15:14 Markets Daily 6922190227024327931.html
Council Approves City Recovery Fund

Wellington City Council has adopted a framework to manage the new Tipu Toa: Build back better, City Recovery Fund.

29 May 15:15 SCOOP 5315658998857841208.html
Council may find it difficult to raise GST rates

IANS New Delhi The GST Council is unlikely to make major changes in the indirect tax structure at its next meeting slated mid June. A top government so

29 May 15:43 The Navhind Times 3656927215217498779.html
Amazon looks to offer full-time jobs to thousands of Arizona seasonal workers

After announcing in March that online retail giant Amazon.com Inc. would hire 6,500 seasonal, part-time employees in Arizona to cope with increased demand for products amid the spread of the coronavirus, the company is looking to turn many of those jobs into full-time positions.

29 May 15:16 ABC15 Arizona 911680911014895106.html
Star Media Group records Q1 net loss of RM3.98m amid Covid-19 pandemic

KUALA LUMPUR, May 29 — Star Media Group Bhd today reported a net loss of RM3.98 million for the first quarter ended March 31, 2020. The Edge Markets, citing a filing to Bursa Malaysia today, reported that the group’s quarterly revenue declined 20.36 per cent to RM65.76 million from RM82.57...

29 May 15:41 Malaymail 302165935661026772.html
Powell speech: Evidence on whether negative rates work is mixed

The Federal Reserve's Main Street Facility is very challenging because of the wide diversity of companies, Jerome Powell, Chairman of the Federal Rese

29 May 15:34 FXStreet 4480975639672380093.html
Water And Wastewater Price Changes From 1 July 2020

Prices for water and wastewater services in Auckland will increase by 2.5 per cent from 1 July 2020.

29 May 15:32 SCOOP 5315658998395320886.html
Pandemic pain: Output of 8 core sectors contracts 38.1% in April

As expected, the lockdown wreaked havoc on the output of eight core industries in April, contracting 38.1 per cent for the month under review.The eight core industries — coal, crude oil, natural gas,

29 May 15:46 BusinessLine 5283600604803396.html
Coronavirus Update: How COVID-19 Reforms the Mobility Industry

The coronavirus pandemic has already taken more than 300,000 lives worldwide and caused massive joblessness, but there are a few sectors that are currently booming and benefiting from this crisis.

29 May 15:00 Tech Times 4011848566716369098.html
Brazil’s Embraer draws foreign interest after Boeing rift, say sources

SAO PAULO, May 29 — Aircraft makers are circling Brazil’s Embraer weeks after Boeing ditched plans for a historic commercial aviation tie-up, people familiar with the matter said. Boeing axed plans to buy 80 per cent of Embraer’s commercial unit in April, ending a planned move into regional...

29 May 15:10 Malaymail 302165936474241477.html
Telecom services unaffected by lockdown in May

‘Nearly 97 per cent of the 1.1 billion SIMs are pre-paid, and all of them are being recharged’

29 May 15:35 BusinessLine 5283602040507590.html
TPAD 2 System for TSC Teachers: All You Need to Know

The Teacher Performance Appraisal and Development (TPAD) system 2 enhances professional growth and learning outcomes as...

29 May 15:13 Kenyans.co.ke 8634838153373957347.html
Visa Is Buy-Worthy Stock as the U.S. Continues to Reopen

Investors forget just how profitable Visa is. With the country reopening, V stock is worth a closer inspection to see if it's a buy.

29 May 15:11 InvestorPlace 24614510893770173.html
Crushing the coronavirus uncertainty will be the big ‘unlock’ for economies

IANS New Delhi Crushing the coronavirus uncertainty will be the big ‘unlock’ for economies around the world and to safeguard lives and livelihoods, re

29 May 15:43 The Navhind Times 3656927213999913126.html
RBI Imposes Rs 4 Crore Penalty On Citibank Over Non-Compliance Of Regulations

The action will not affect the bank's customers, RBI clarified

29 May 15:20 NDTV.com 5090057682187508648.html
GDP growth slows to 3.1% in Q4; fiscal deficit widens to 4.59% of GDP in 2019-20

Gross Domestic Product (GDP) 4th Quarter Data: The growth in GDP during 2019-20 is estimated at 4.2 per cent, slowing to an 11-year low, as compared to 6.1 per cent in 2018-19.

29 May 15:11 The Indian Express 2885715104331945222.html
ESAF Small Finance Bank Q4 PBT up 42% at Rs 74 cr, income rises 32%

Full-year PBT doubles to Rs 256.26 crore from Rs 127.18 crore

29 May 15:26 Business-Standard 1502508926521345408.html
EUR/GBP retreats from two-month highs, returns below 0.9000

The euro is giving away previous gains against the British pound, pulling back below 0.9000 and turning negative on daily charts. The pair peaked at

29 May 15:18 FXStreet 4480975638064540584.html
Vancouver-based mobile ordering app offers alternative to 'exorbitant fees'

The same week Vancouver's mayor threatened to cap delivery service fees at 15 per cent, a local mobile app provider is reminding restaurant owners their standard fee is already a "reasonable" rate of five per cent.

29 May 15:22 City NEWS 1130 5858657120746068502.html
When will shops in malls open? Commerce Ministry clarifies after Piyush Goyal meets traders

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

29 May 15:01 The Financial Express 1288289581394739034.html
Libertex Parent Pays €160,000 to Settle Violations with CySEC

The Cyprus Securities and Exchange Commission (CySEC) has just announced that it has reached a settlement with Indication Investments Ltd, fining the firm €160,000.

29 May 15:51 Finance Magnates 8992138265918596040.html
India Heads for Recession as GDP Growth Dips to Lowest since 2012

New Delhi (Sputnik): The Indian economy had been slowing down since 2018 due to the combined impact of the US-China trade war as well as instability in domestic...

29 May 15:30 Sputniknews 967333868561740389.html
Decision to open shops in malls soon after taking into account health ministry's guidelines

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

29 May 15:31 Oneindia 2023829372661383663.html
Adidas and Allbirds team up to make environmentally friendly shoes

Adidas and Allbirds hope to create a high performance sneaker with the lowest carbon footprint to date.

29 May 15:32 Engadget 96641515199301063.html
Economy needs the support of PSBs, says Union Bank chief

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

29 May 15:36 BusinessLine 5283601847633943.html
GST Council to meet next month; FinMin not for raising rates on non-essential items

If goods and services tax (GST) rates are increased on non-essential items, sources said it will further bring down their demand and impede the overall economic recovery.

29 May 15:29 The Indian Express 2885715105119285954.html
Essential Properties: E-Commerce-Resistant Real Estate For The Long Term

Since EPRT focuses on service and experience tenants, it has been hit particularly hard by COVID-19, but it should also fare well in the e-commerce dominated wo

29 May 15:15 Seeking Alpha 5725634557744341543.html
Buy Bed Bath & Beyond Stock Before Consumer Spending Surges

Depressed BBBY stock could surge over the next 12 months and beyond, as turnaround initiatives gain momentum alongside consumer spending.

29 May 15:37 InvestorPlace 24614509586474176.html
Robotic Process Automation can help the public sector battle COVID-19

Teemu Vieruaho, Digital Workforce, discusses how Robotic Process Automation can help fight the public sector’s battle against COVID-19

29 May 15:25 Open Access Government 7441385494666753169.html
Q4 GDP reveals a sorry picture even before the onset of lockdown

With the coronavirus dragging the world economy into a recession, the Indian economy needs a more convincing stimulus than what has been unveiled so far

29 May 15:26 BusinessLine 5283601368307090.html
India quarterly growth worst in 2 decades as lockdown bites

India, Asia's 3rd largest economy, expands by just 3.1% in January-March 2020

29 May 15:15 Rappler 1882105643811355860.html
OYO sales down to half amid COVID-19; Ritesh Agarwal explains why future holds little respite too

Coronavirus has put a spanner in the growth of the otherwise stellar performing unicorn startups of the world with homegrown OYO now saying that the sales of the company have come down to half in the past few weeks.

29 May 15:15 The Financial Express 1288289579783812687.html
Lucia Wealth Services LLC Has $521,000 Holdings in Amazon.com, Inc. (NASDAQ:AMZN)

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

29 May 15:14 Markets Daily 6922190227555890997.html
Volkswagen invests 2 billion euros in Chinese electric vehicle sector

Volkswagen said on Friday it will invest around 2 billion euros ($2.2 billion) in two Chinese companies in the electric vehicle sector, calling it "the world's biggest market".

29 May 15:00 The Jakarta Post 7678601103705089704.html
EU says conditions needed in Lufthansa bailout, seeks deal

The EU competition chief said Friday that she is not 'creating extra hurdles' for Lufthansa after the airline balked at accepting a 9 billion-euro German government rescue package because of what it said were tough EU conditions.

29 May 15:14 CTVNews 2422791598716010005.html
Forbes removes Kylie Jenner from billionaires list

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

29 May 15:49 Punch Newspapers 3524240995813629003.html
Ukraine expects US$5 bln IMF loan approval on June 5 – PM Shmyhal

The first tranche of US$1.9 billion may be disbursed the following day.

29 May 15:40 UNIAN 6863008970523992909.html
Bears Trade By Day, Bulls By Night

Stock market returns for the month of May have been an overnight phenomenon. Fed liquidity is the only thing fueling this fundamental-less rally. Consensus earn

29 May 15:04 Seeking Alpha 5725634556049895534.html
Peet's Coffee raises $2.5 billion in an IPO despite the coronavirus pandemic

Peet's Coffee raised $2.5 billion in its initial public offering, one of the largest this year despite the coronavirus pandemic.  The company an...

29 May 15:15 Business Insider 3364799146495434791.html
Afterpay Launches Fund-raising Effort to Help Fashion Industry, Those in Need

The "buy now, pay later" provider said consumers can simply check a box on the app to donate a $1 to the program.

29 May 15:03 WWD 5490910667813300887.html
Sound the trumpet! Debt jubilees have arrived

Some of the pandemic relief policies around the world are a grand gesture towards forgiveness

29 May 15:59 Ft 707176888274203991.html
NY Fed's GDP Nowcast for Q2 2020 falls to -35.5%

The US economy is expected to contract by 35.5% in the second quarter of the year, the Federal Reserve Bank of New York's latest Nowcasting Report sho

29 May 15:19 FXStreet 4480975638747699232.html
Work from home is here to stay, but it may put younger workers at a disadvantage

Physical offices often serve as a key place for younger workers to socialize and network, but the post-pandemic workplace may be your laptop screen.

29 May 15:06 Business Insider 6060062399395015547.html
Tobacco farmers ask govt to shun policies aping West

IANS New Delhi The Federation of All India Farmer Associations (FAIFA), a non-profit organization representing farmers and farm workers of commercial crop

29 May 15:42 The Navhind Times 3656927215057850489.html
Crude has best month

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

29 May 15:56 Castanet 616068602941075087.html
How to give electric vehicle batteries a second life

James O’Brien, Product Group Director, MIVOLT, discusses how electric vehicle batteries can be given a better second life through recycling

29 May 15:44 Open Access Government 7441385493487764096.html
Exxon Mobil: Higher Oil Prices To Recover Share Price

Exxon Mobil is one of the world’s largest oil and gas companies. The company’s business has been hit hard by coronavirus outbreak but oil prices may quickly rec

29 May 15:07 Seeking Alpha 5725634557464795764.html
SNAP Stock Has Some Fundamental Issues That Should Worry You

Snap stock won't see sustained gains unless it broadens its user base, changes its monetization strategy, and markets itself outside the U.S.

29 May 15:08 InvestorPlace 24614509458560656.html
Google reportedly rescinds 2,000 contract worker jobs

Google said it would slow hiring "given that we are faced with a global crisis of uncertain depth and duration."

29 May 15:24 The Verge 1337119303948678182.html
Amazon in talks for new 750-worker Dublin office despite virus

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

29 May 15:33 Irishexaminer 8196011178734758206.html
The Guardian view on wage subsidies: unemployment costs too

Editorial: Almost a third of the UK workforce are now reliant on government support for their income. If it is withdrawn while the economy is hibernating then joblessness will rise

29 May 17:25 the Guardian 1491978795454863231.html
Elon Musk earns performance-based Tesla payout worth $775M

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

29 May 17:40 New York Post 7654946767456010773.html
Fed Chair Jerome Powell says the coronavirus recession has been a 'great increaser of income inequality' — with low-paid workers and women bearing the brunt of the fallout

The Fed chief singled out women and hourly workers in the service industries as the segment of the population weathering the brunt of the fallout.

29 May 17:00 Business Insider 6060062401318649874.html
Dow Jones Slumps as Cisco Acquires a Cloud Company, Home Depot Stock Moves Closer to 52-Week High

Cisco will reportedly pay $1 billion to expand its software portfolio, and Home Depot continues to rally.

29 May 17:16 The Motley Fool 2231313657702118140.html
Why Is Disney World Canceling Food and FastPass+ Reservations for All of 2020?

The world's largest theme park operator is upsetting customers by nixing some reservations through the next seven months, but there's a method to the Mouse-ness.

29 May 17:09 The Motley Fool 2231313658915836340.html
Home delivery of petrol, CNG: Govt mulling new retailing model to make all fuels available at one place

The minister said city gas network of CNG supplies to automobiles and piped cooking gas to kitchens will soon cover 72 per cent of the country's population.

29 May 17:39 The Financial Express 1288289579641344531.html
Workers to start getting part of furlough payments from their companies

Chancellor Rishi Sunak announced that the self-employment support scheme has also been extended.

29 May 17:12 Metro 970161748829978389.html
Madras High Court notice to Franklin Templeton, SEBI

PIL filed against closure of 6 schemes

29 May 17:21 The Hindu 6679535024387377800.html
Uber introduces $50 Hourly rate option

May 29 (UPI) -- Uber launched a new feature called Hourly that allows riders to book trips by the hour and add destinations within that time frame as needed, the company announced Friday.

29 May 17:58 UPI 8257973865007267214.html
GST Council to meet next month; Finance Ministry not in favour of raising rates on non-essential items

The finance ministry is not in favour of increasing goods and services tax rates on non-essential items in the next month's meeting of the GST Council, despite depressed revenue collections due to

29 May 17:44 Deccan Herald 2027555797785450140.html
How will gyms and leisure centres look when coronavirus lockdown lifts?

Ireland Active is the national association for the leisure, health and fitness sector which represents over 350 publicly and privately owned leisure centres, gyms, swimming pools, exercise studios, fitness education providers and recreation facilities nationwide.

29 May 17:39 Irishexaminer 8196011180036497297.html
Managed money betting on big crops

A fast start to the planting season and a lackluster export market have prices for row crops trading mostly sideways over the last month and weaker since the beginning of the year.

29 May 17:20 Successful Farming 8502642054746761509.html
Coronavirus: What does it mean if I've been furloughed by work?

Millions unable to do their job due to coronavirus will have their wages paid by a new scheme.

29 May 17:42 BBC News 3883826128587907891.html
Fertilizer supplies, prices remain low and stable amid coronavirus concerns

If your soil test levels are low, low fertilizer prices provide a good opportunity to rebuild phosphorus (P) and potassium (K) levels.

29 May 17:07 Successful Farming 8502642054457443654.html
Laurentian Bank slashes dividend by 40 per cent as profits tumble

Decision to cut payout is the first by a Canadian bank in nearly 30 years

29 May 17:27 The Globe and Mail 68426410780795240.html
Salesforce Stock Still a Buy as Its Software Gains Influence

Salesforce stock took a tumble after Q1 earnings, but ditching CRM stock now would be rather shortsighted.

29 May 17:30 InvestorPlace 24614510903444915.html
TJ Maxx, Marshalls, HomeGoods to reopen all stores in next month

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

29 May 17:43 WVLT 4089046910951669771.html
COVID-19 Intensifies the Urgency to Expand Sustainable Energy Solutions Worldwide

Despite accelerated progress over the past decade, the world will fall short of ensuring universal access to affordable, reliable, sustainable, and modern energy by 2030 unless efforts are scaled up significantly, reveals the new Tracking SDG 7: The Energy Progress Report released today by the International Energy Agency (IEA) the International Renewable Energy Agency (IRENA), […]

29 May 17:00 Modern Diplomacy 4563921198635757338.html
GBP/JPY: Downside risk from Brexit and negative rates – MUFG

Analysts at MUFG Bank maintain a short GBP/JPY trade idea in anticipation that the weakness in the pound will extend further in the near-term. They se

29 May 17:38 FXStreet 4480975640123316842.html
China's Kunlun says U.S approves sale of Grindr to investor group

(Reuters) - Chinese gaming company Beijing Kunlun Tech Co Ltd said on Friday that a U.S. national security panel approved the $620 million sale of popular gay dating app Grindr to an investor group called San Vicente Acquisition LLC.

29 May 17:40 Reuters 8334514179725440307.html
Symrise Creates Tribute Fragrance for Essential Workers

Symrise has made a custom fragrance to be given to workers on the front lines of the coronavirus pandemic.

29 May 17:00 WWD 5490910669037724555.html
Senators ask FTC to investigate Instacart over 'tip baiting'

A group of US senators has called on the FTC to investigate Instacart and other grocery delivery services for allowing 'tip baiting' that stiffs couriers.

29 May 17:59 Engadget 96641515800444925.html
Neil Woodford fund: investors still await final payout

Twelve months after Equity Income fund’s suspension, pandemic leads to further delays

29 May 17:10 Ft 707176888782903638.html
SoftBank leads US$500 million fundraising for Didi's self-driving unit

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

29 May 17:30 CNA 5644198863116266384.html
Self-employed scheme extension leaves ‘vulnerable at risk’, says arts trade body

Caroline Norbury, Creative Industries Federation CEO, warned against a ‘cliff-edge’ end to support.

29 May 17:47 Express & Star 7324224460757132008.html
Capgemini’s Delaporte to take over as Wipro CEO and MD

Frenchman had spent 25 years with the consulting firm

29 May 17:18 The Hindu 6679535024915756804.html
Is Microsoft Stock About to Go Into a Lengthy Stall? 

Microsoft trades at 30 times forward earnings. Some believe Microsoft stock is overvalued and about to go into a lengthy stall. 

29 May 17:59 InvestorPlace 24614510940221742.html
JobStart policy no substitute for tax cuts

The National Party’s JobStart policy - under which businesses could claim $10,000 per new employee, for up to ten new employees - looks great on paper but would fail in practice, says the New Zealand Taxpayers’ Union.

29 May 17:53 www.voxy.co.nz 6138926314225914209.html
Meat products sold in Ireland urgently recalled as they were processed in 'unapproved facility' in Co Westmeath

The public are being advised not to eat the food products

29 May 17:26 Irish Mirror 2875825629898955659.html
Mumbai, Bengaluru and Cochin airports hike landing charges by up to 45%

The increase in charges by the airports was allowed by the Airport Economic Regulatory Authority (AERA) - the regulatory body which fixes chargers for airports

29 May 17:52 Business-Standard 1502508925038515065.html
CIRCOR International, Inc. (CIR) CEO Scott Buckhout on Q1 2020 Results - Earnings Call Transcript

CIRCOR International, Inc. (NYSE:CIR) Q1 2020 Earnings Conference Call May 29, 2020 09:00 ET Company Participants Scott Solomon - Senior Vice President, Sharon

29 May 17:47 Seeking Alpha 5725634556439840280.html
Autonomous robot chef moves into the kitchen, powered by AI

During the span of the hustle and bustle that many people encounter on a day-to-day basis in their lives, people tend to have activities outside of work that allow them to alleviate the stress from the monotony of life. From catching the new movie at the cinema, attending a sporting event of a favorite team, […]

29 May 17:00 Teslarati 613467575029754213.html
Buy the Post-Earnings Dip in Canopy Growth Stock Now

Canopy Growth's fourth-quarter earnings report was not good. But the big-picture trends remain favorable, and CGC stock will bounce back.

29 May 17:08 InvestorPlace 24614510364379114.html
Tobacco industry pushing products that limit ability to fight Covid-19: WHO

WHO said that the tobacco industry has offered free branded masks and delivery to your door during quarantine and has lobbied for their products to be listed as ‘essential’.WHO launched a new kit for school students aged 13-17 to alert them of tobacco industry tactics

29 May 17:53 Livemint 6614605818580367892.html
Canadian Western Bank (CBWBF) CEO Christopher Fowler on Q2 2020 Results - Earnings Call Transcript

Canadian Western Bank (OTCPK:CBWBF) Q2 2020 Earnings Conference Call May 29, 2020, 10:30 ET Company Participants Matthew Rudd - SVP, Finance & IR Christophe

29 May 17:41 Seeking Alpha 5725634557071379127.html
ProBeat: Throw out all your pre-coronavirus surveys and start again

The coronavirus pandemic means your technology survey from earlier this year is useless. Your business needs to run the survey again.

29 May 17:30 VentureBeat 6273363636480857841.html
Bank of India cuts MCLR by 25 bps

State-run lender Bank of India has decided to reduce marginal cost of funds based lending rate (MCLR) by 25 bps across all tenors.The one-year MCLR of the bank will be now at 7.7% with effect from Jun

29 May 17:18 The Hindu 6679535024647659967.html
Private equity player Bain Capital in talks to up stake in Axis Bank

In 2017, the lender had approved and conducted a sale of 9 per cent stake to raise Rs 11,626 crore, in a round led by Bain Capital.

29 May 17:56 Business-Standard 1502508925068846173.html
The average cost of car insurance in the US

The average cost of car insurance varies by the state you live in, your driving and credit history, age, years of driving experience, and more.

29 May 17:49 Business Insider 6060062400816621119.html
Finance ministry not in favour of  raising GST rates on non essentials

Under the GST (Compensation to States) Act, 2017, protected revenues of the state governments is calculated on the basis of a 14% annual growth rate with FY16 as the base year

29 May 17:47 Livemint 6614605819513719206.html
Covid-19: US airlines leave $29 billion aid fund untapped in bet on rebound

Although the four largest US passenger airlines have applied for the Treasury Department program, only American Airlines Group Inc. has said it intends to tap the pool of funds.

29 May 17:34 Hindustan Times 696565557210967329.html
Lupin reports 25% fall in pre-tax profit at Rs 412 cr in Q4 on low sales

On a sequential basis, however, the company fared better, both in terms of sales and profits. The stock ended day's trade at Rs 869.8, down 1.3 per cent.

29 May 17:13 Business-Standard 1502508925032360264.html
Finance secretary urges BRICS nations to share covid-19 related tax measures

Since March, the government slew of measures to help the industry tide through the covid-19 crisis, including deferring several compliance requirements.The meeting of the heads of tax authorities from five large emerging economies of the world on Friday was hosted by the Federal Tax Service of Russia

29 May 17:56 Livemint 6614605818339801873.html
Williams may sell F1 team

Williams also announced on Friday that it had served notice to terminate its relationship with title partner ROKiT and major sponsor ROK Drinks

29 May 17:17 The Hindu 6679535025861091754.html
Visa Stock Is the Best Payments Powerhouse for Your Portfolio

Visa stock is beating the market in 2020; its ability to adapt and even thrive amid chaos proves long-term viability.

29 May 17:17 InvestorPlace 24614509496439379.html
New site is one-stop shop for B.C. workers, farmers, during pandemic

VICTORIA - The British Columbia government has created a new online resource to help the province's agricultural sector find workers during the COVID-19 pan

29 May 17:43 iNFOnews.ca 6669504245469997950.html
MEIL builds 15 pump houses in Kaleshwaram project

With inauguration of Markook pump house on Friday, 9 pump houses with total 3,767 MW capacity have been operationalised

29 May 17:06 The Hans India 817019415370780397.html
‘Air passenger demand to plummet 47% in 2020’

Revenues likely to fall $11 bn: IATA CEO

29 May 17:26 The Hindu 6679535024654803643.html
These were the 10 biggest European tech stories this week

These were the 10 European tech stories this week

29 May 17:10 Tech.eu 1356465907997933592.html
Tax shortfall drives fiscal deficit in FY20 to 4.6% against target of 3.8%

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

29 May 17:28 Business Today 1145527432392606357.html
24 Hour Fitness Prepares for Bankruptcy While Gyms Start to Open

Gym owner 24 Hour Fitness Worldwide Inc. is preparing for a potential bankruptcy to cut its debt as it re-opens locations across the country with precautions in place for social distancing.

29 May 17:23 Bloomberg 4032480122533810058.html
Omega Healthcare: This Outperformer Is Undervalued With An 8.7% Yield

Omega Healthcare has a strong track record with market beating returns. The current share price offers an attractive entry point with a strong going-in yield. M

29 May 17:46 Seeking Alpha 5725634557186471736.html
Telecom regulator moots national numbering plan

Recommends 11-digit mobile numbers, among other things

29 May 17:15 The Hindu 6679535024660400750.html
Nissan formally closes Indonesian factory

Automaker Nissan Motor Indonesia (NMI) announced the official closure of its factory in Indonesia as its Japanese parent company disclosed a restructuring plan to improve its finances.

29 May 17:07 The Jakarta Post 7678601104243551334.html
Over 7 lakh small stores may have shut shop due to lockdown

India has about 10-12 million small retail outlets selling grocery and other FMCG products.

29 May 17:07 The Economic Times 7653256036396828697.html
UK EV Owners Got Paid To Charge Their Cars Over The Holiday Weekend

Last weekend, some UK EV owners were paid to charge their cars during a period when the price of renewable energy turned negative.

29 May 17:55 CleanTechnica 1065744424822926215.html
GST Council likely to meet in mid-June

Tax revenue details withheld till July, officials say no point in disclosing now as returns filing extended

29 May 17:17 The Hindu 6679535024762123696.html
US billionaires have increased their net worth by $485 billion during the last 10 weeks of the pandemic, report says

US billionaires added almost half a trillion dollars to their collective wealth during the past 10 weeks, a report by the Institute for Policy S...

29 May 17:21 Business Insider 3364799147970965275.html
Franklin Templeton investors can e-vote to monetise assets

Can authorise trustees or Deloitte from June 9-11

29 May 17:20 The Hindu 6679535025046978605.html
The Walmart Amazon Whole Paycheck Tracker: Retail Giants Eye Key Acquisitions And Expansions

Both Walmart and Amazon made some big add-ons and/or acquisitions this week as they attempt to widen their sphere of retail influence in a post-pandemic world.

29 May 17:12 PYMNTS.com 7357138825416112567.html
Should You Buy Hertz Stock Now?

Understanding Hertz's current scenario is important to avoid a huge investing mistake.

29 May 17:21 The Motley Fool 2231313658881503280.html
Searching post-Covid real estate landscape in India

Indian millennials are now in favour of buying homes. This is a significant change in their previous outlook, which largely favoured renting almost everything

29 May 17:41 The Hans India 817019414483960024.html
Coronavirus is an unprecedented challenge to equality 50 years on from equal pay

The Equal Pay Act was passed 50 years ago and carried through by heroes of the Labour movement: the inimitable Barbara Castle, Labour’s Secretary of State for Employment and Productivity, the 187 women sewing-machinists at Ford Dagenham who went on strike against sex discrimination in job grading in 1968

29 May 17:13 mirror 675785259816941807.html
Businesses to start paying towards furlough costs in August

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

29 May 17:25 The Irish News 993065283471033.html
The Week In Payments: How Businesses Can Navigate The Road To Recovery

In this week's payment news: Could voice authentication, digital banking and alternate payment terms help businesses meet the current challenges?

29 May 17:00 PYMNTS.com 7357138826332550428.html
Williams considers selling F1 team after £13 million loss

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

29 May 17:16 CNA 5644198864177468808.html
Singapore top source of FDI in FY20 with investments worth $14.67 billion

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

29 May 17:29 The Financial Express 1288289579602325579.html
Water and wastewater price changes from 1 July 2020

Prices for water and wastewater services in Auckland will increase by 2.5 per cent from 1 July 2020.

29 May 17:21 www.voxy.co.nz 6138926314522596756.html
Housing sector faces its worst ever crisis due to Covid-19

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

29 May 17:56 The Hans India 817019413834656887.html
Earnings: What Canadian Banks Are Telling Us And Which One Is My Favorite

All Canadian Banks reported their earnings during the week of May 25 th. They all revealed massive earnings decreases due to higher provisions for credit losses

29 May 17:53 Seeking Alpha 5725634556609938418.html
Last Minute Addition To Louisiana Bill Hamstrings Community Broadband

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

29 May 17:18 Techdirt 1456370857981979853.html
Uber rolls out ride-by-hour option in some US cities

Uber on Friday said it would offer rides by the hour in some US cities, a feature aimed at helping Americans with essential trips during the coronavirus pandemic. The option, which is already

29 May 17:28 New York Post 7654946768674095294.html
Maker (MKR) Jumps 37% Following a Second Listing on Coinbase

Coinbase listed MKR for the first time in April 2019, but due to limited liquidity no trades were executed.

29 May 17:28 Finance Magnates 8992138266215208299.html
EU economy to rebound ‘quite strongly’ next year says Dombrovskis

The European Commission’s proposed €750-billion coronavirus recovery fund should also help make the bloc’s economy more green and fit for the digital age, Executive Vice-President Valdis Dombrovskis tells Euronews.

29 May 17:29 euronews 7318238121330275096.html
Sun Pharma gets nod for drug trial in COVID-19 patients

DCGI approves testing of pancreatitis drug Nafamostat

29 May 17:25 The Hindu 6679535025165495839.html
Rural income is likely to shore up in coming months; Nestle’s Suresh Narayanan explains why

While declining rural incomes have caused much woes to India’s FMCG sector, the same is expected to shore up in the coming months thanks to various factors such as good monsoon.

29 May 17:48 The Financial Express 1288289580000353334.html
9 creative ways that retailers, restaurants, and service workers are staying afloat during coronavirus shutdowns

The pandemic has been catastrophic for retailers, restaurants, and workers. Here are nine tactics many are using to stay afloat.

29 May 17:44 Business Insider 6060062399682483091.html
First-quarter earnings to be adversely hit by lockdown, here’s how to invest | Angel Broking INTERVIEW

With the nation-wide lockdown spreading over two months of the first quarter of financial year 2020-21, it is a given that India Inc’s first quarter earnings are to be adversely impacted.

29 May 17:12 The Financial Express 1288289581334097060.html
NZD/USD drops to daily low at 0.6170 ahead of US Pres. Trump's presser

The NZD/USD pair capitalized on the broad-based USD weakness and surged to its highest level since March 12th at 0.6241. However, the risk-averse envi

29 May 17:56 FXStreet 4480975638962415376.html
Self-employed scheme extension leaves ‘vulnerable at risk’, says arts trade body

Caroline Norbury, Creative Industries Federation CEO, warned against a ‘cliff-edge’ end to support.

29 May 17:47 Shropshire Star 3480199993210954472.html
WHO, 37 nations launch alliance to share tools to tackle Covid-19 pandemic

“WHO recognises the important role that patents play in fuelling innovation but this is a time when people must take priority,” WHO Director General Tedros Adhanom Ghebreyesus told an online news briefing.

29 May 17:59 Hindustan Times 696565557457733879.html
Clovis Oncology: You Should Embrace Volatility To Enjoy Profitability

Amid the Corona Bear market, many fundamentally strong stocks are still trading at a deep bargain to their true worth. Amid the market volatility, Clovis Oncolo

29 May 17:22 Seeking Alpha 5725634557629639404.html
Coronavirus crisis: Renault to lay off 150,000 employees globally

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

29 May 03:50 Business Today 1145527431237434548.html
'You can only survive so long' - airline worker talks about weathering crisis in hard-hit industries

Airlines have been among the hardest hit economically by the coronavirus crisis and one local laid-off employee is talking about how difficult it is now to survive.

29 May 03:46 ABC7 Los Angeles 8300010440519990255.html
EUR/USD options market bias has flipped bullish, risk reversals show

On Thursday, EUR/USD one-month risk reversals (EUR1MRR) crossed above zero or flipped bullish to euro calls – the first positive reading since March 1

29 May 03:23 FXStreet 4480975639972696322.html
Ross Stores: The Valuation Appears Frothy

ROST quarterly revenue fell over 50% due to knock-on effects of the pandemic. Its cash flow fell hard and could remain challenged until all of its stores are re

29 May 03:25 Seeking Alpha 5725634557465273143.html
SoftBank Vision Fund head's pay doubled last year despite massive losses

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

29 May 03:46 The Economic Times 7653256036906607328.html
Oil rises about 2% as higher US refinery rates offsets surprise crude build

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

29 May 03:16 Business-Standard 1502508925338104246.html
Afterpay says it 'rejects' the notion of performing credit checks on its customers. Here's why their arguments don't add up.

Afterpay has gone out on the defensive yet again, as calls for it to be brought into line persist.

29 May 03:02 Business Insider Australia 5575934301376302654.html
Isuzu expects pick-up demand in Thailand to drop 35%

With sales significantly impacted by the Covid-19 outbreak, Isuzu expects that the demand for pick-up trucks and other light commercial vehicles (LCV) in

29 May 03:56 Paul Tan's Automotive News 7862472105556164355.html
UK business morale deteriorates to 2008 low in May – Lloyds Bank

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

29 May 03:52 FXStreet 4480975639051351453.html
How investors learnt to love the rally in stocks

‘Fear of missing out’ dominates in sweeping ascent as doubters turn into believers

29 May 03:00 Ft 707176889758423930.html
Stocks to watch: RIL, Voda Idea, Wipro, Voltas, YES Bank, Cadila Healthcare

Here's a look at the top stocks that may remain in focus today

29 May 03:20 Business-Standard 1502508924747055624.html
EOG Resources: The Three Wise Monkeys

Revenues were $4.72 billion, up from $4.06 billion in the same quarter the previous year. Total production was a record of 874.1K Boep/d, up 13% from last year,

29 May 03:59 Seeking Alpha 5725634556689729611.html
NIO Limited (NIO) CEO William Li on Q1 2020 Results - Earnings Call Transcript

NIO Limited (NYSE:NIO) Q1 2020 Earnings Conference Call May 28, 2020 08:00 ET Company Participants Rui Chen - Director, Investor Relations William Li - Founder,

29 May 03:28 Seeking Alpha 5725634556409990605.html
Capgemini's top executive Thierry Delaporte is new Wipro CEO

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

29 May 03:45 Business Today 1145527432291867301.html
This lockdown, download a teacher

With online learning in great demand during the lockdown, startups in this teaching space are cashing in

29 May 03:14 BusinessLine 5283601573603405.html
Ping An Voyager Fund Leads Investment in PlusDental to Enhance Modern Dentistry in Europe

HONG KONG and SHANGHAI, May 29, 2020 /PRNewswire/ -- Ping An Insurance (Group) Company of China, Ltd. (hereafter "Ping An" or the "Group", HKEx:23...

29 May 03:41 finanzen.at 7258357742459755597.html
COVID-19 impact: Get ready for a 15-20% cut in salary offers in UAE

Businesses in the UAE are definitely not in a generous mood when it comes to hiring

29 May 03:41 Gulf News 2086521543855337835.html
Simplo revenues to peak in 2Q20

Notebook battery specialist Simplo Technology expects its second-quarter 2020 revenues to hit the peak for the year, judging from its order visibility, according to company chairman Raymond Sung.

29 May 03:41 DIGITIMES 8411283748252331732.html
ANU: Job and income losses halted, confidence rising

Average hours worked increased from 32.3 per week in April to 32.8 per week in May, according to a study by the Australian National University’s (ANU) Centre for Social Research and Methods.

29 May 03:30 MacroBusiness 6890797929648784348.html
Biggest technology acquisitions 2020

We round up the biggest technology industry mergers and acquisitions of the year so far

29 May 03:06 Computerworld 8450890021643308475.html
Wipro appoints Capgemini’s Thierry Delaporte as new CEO, MD

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

29 May 03:58 The Times of India 6060938664650064741.html
More central banks eye yield curve control. How does Japan's work?

TOKYO — The Bank of Japan’s yield curve control (YCC) is drawing attention from other central banks, including the U.

29 May 03:58 Financial Post 2379081492514356183.html
Epistar 4Q20 operation may turn profitable, says president

Epistar is likely to see operation swing into profitability in the fourth quarter of 2020 if the impact of the coronavirus pandemic eases off in the third quarter, according to company president Chin-yung Fan.

29 May 03:21 DIGITIMES 8411283749503469208.html
Indian Microlending Firm SATYA MicroCapital Ltd Secures Over $13 Million in Equity Funding from Tokyo’s Gojo & Co.

SATYA MicroCapital Ltd, a fast-growing micro-lending firm based in India, has secured INR 105 crore (appr. $13.85 million) in equity funding from Gojo & Com

29 May 03:20 Crowdfund Insider 6834688073812805010.html
FDI inflows from Cayman Islands into India triples in FY20

The Cayman Islands, which is close to Cuba and was ranked in the study as the most prominent centre for financial secrecy, hosts more than 100,000 companies, a number that outstrips the local population

29 May 03:26 Livemint 6614605818762123690.html
Tech industry group CEO: 'Amazon is basically providing for the country at this point'

Tech companies have seen increased demand and greater success during the pandemic fallout.

29 May 03:00 Washington Examiner 4625792333721392443.html
Appliance, garment manufacturers, restaurants to be worst-impacted in FY21: CRISIL

Coronavirus impact: E-tail, according to the report will be an exception as e-grocers such as BigBasket and Grofers, online marketplaces such as Amazon and Flipkart have seen a surge in demand and delivering essential items

29 May 03:46 Business Today 1145527431741539298.html
German auto supplier ZF Friedrichshafen to cut up to 15,000 jobs - memo

German car parts supplier ZF Friedrichshafen plans to reduce the workforce by up to 15,000 jobs, or around 10per cent, by 2025 as a result of a ...

29 May 03:05 CNA 5644198863236229294.html
Majesco (MJCO) CEO Adam Elster on Q4 2020 Results - Earnings Call Transcript

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

29 May 03:23 Seeking Alpha 5725634557897037068.html
COVID-18 Watch: Hotels, airlines look for new revenue streams, hold on to cash to tide over liquidity crunch

Other steps like drastic cost control and a sharp reduction in future supply addition are also in the offing.

29 May 03:31 The Indian Express 2885715103847798970.html
US money market funds waive fees to stave off negative returns

Decline in yields on short-term debt prompts action from asset managers

29 May 03:00 Ft 707176889150166290.html
GM Chinese Brand Wuling Launches New Electric Minivan

Originally published on EV Obsession. Wuling, a brand of General Motors, recently launched its first electric minivan. The Rong Guang EV, which is an electrified upgrade to the 2008 Rong Guang, will have two variants that will meet the needs of businesses and personal users. For businesses, the commercial version will have a sealed side and back

29 May 03:53 CleanTechnica 1065744424571616337.html
Zscaler, Inc. (ZS) CEO Jay Chaudhry on Q3 2020 Results - Earnings Call Transcript

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

29 May 03:24 Seeking Alpha 5725634556299044032.html
S&P cuts Rolls-Royce credit rating to junk on COVID-19 hit

Ratings agency Standard & Poor's cut engine maker Rolls-Royce's credit rating to junk on Thursday, citing the disruption caused to global air ...

29 May 03:45 CNA 5644198862721672937.html
Japan bankruptcies seen rising to seven-year high amid pandemic

A global economic slowdown triggered by the COVID-19 pandemic is causing companies to go out of business around the world.

29 May 03:29 The Japan Times 6673764366784075809.html
Indian IT to get first non-Indian CEO in Wipro’s Thierry Delaporte

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

29 May 03:35 The Economic Times 7653256037181841993.html
Covid takes toll on core sector, output slumps 38% in April

India Business News: Output of eight core sector industries plunged 38.1% in April — probably the steepest ever — led by an over 80% slump in cement and steel production d

29 May 23:14 The Times of India 6060938664514127189.html
Niti Aayog suggests slew of steps to make India’s exports competitive

The measures include establishment of a national trade network (NTN), improving information flow and making customs processes and IT systems more efficient.

29 May 23:00 The Financial Express 1288289581532546775.html
New comprehensive I-T form to come in handy for taxman

Tax authorities will now have information regarding taxpayers' transactions in stocks and property, along with other financial transactions, in any given year after the Central Board of Direct Taxes (CBDT) notified the new form 26AS — an annual information statement — on Thursday.

29 May 23:01 The Financial Express 1288289581124261939.html
New PPA after 5 years: Madhya Pradesh approves pact with Adani Power

After a hiatus of five years, a new long-term power purchase agreement (PPA) for thermal power has been finalised, with the regulator of Madhya Pradhesh approving the 25-year contract signed between Pench Thermal Energy (MP), a unit of Adani Power.

29 May 23:15 The Financial Express 1288289580684531167.html
Streetwise newsletter: Best reads of the week

Here are the top reads on deals and financial services over the last week

29 May 23:46 The Globe and Mail 68426410498840996.html
IMF Approves $732 Million to Help Bangladesh Address Effects of Coronavirus Measures on Economy

WASHINGTON (Sputnik) - The International Monetary Fund (IMF) said in a statement that it has approved a $732 million funding to help Bangladesh overcome the impact of...

29 May 23:40 Sputniknews 967333868758208738.html
Bitcoin Risks a Free-Fall to $7,000 Despite Strong Fundamentals, Analysts Warn

Fundamental strength may not be enough to stop Bitcoin from seeing a decline into the $7,000 region – according to one prominent trader.

29 May 23:00 NewsBTC 7232133510398736047.html
Stick or twist? Investors in virus-induced property dilemma

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

29 May 23:53 Arab News 8912634264512232174.html
The Ford-Volkswagen Pickup Truck Is Right Around The Corner

Two of the world's automotive giants, Ford and Volkswagen, are more commonly known for battling it out on t...

29 May 23:15 CarBuzz 4034462236257141984.html
Fairfax Financial Holdings left behind amid market rebound

Fairfax is trading at a major discount on TSX as it struggles to recover from COVID-19 impact

29 May 23:41 The Globe and Mail 68426410310921031.html
Einhorn’s Greenlight Hedge Funds Rebound With 7.4% Gain in May

David Einhorn’s hedge funds surged 7.4% in May as U.S. stocks rallied.

29 May 23:49 Bloomberg.com 4032480121206786750.html
Coronavirus sinks US consumer spending; savings hit record high

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

29 May 23:25 CNA 5644198864225935996.html
Online poker betting hits a record high during the pandemic

The online poker industry is booming, but can it make up for what casinos are losing?

29 May 23:12 MarketWatch 8975941548398926389.html
Madhya Pradesh: Mandsaur farmers produce record 2.85 lakh metric tonne of wheat

An amount of Rs 388.90 crore has already been deposited in the bank accounts of farmers.

29 May 23:40 Free Press Journal 9080771787655521437.html
Goldman Takes Bitcoin To Task

Goldman analysts have stated that cryptos such as bitcoin are "not an asset class," as they do not generate cash flow or earnings.

29 May 23:53 PYMNTS.com 7357138826321627199.html
Humana Awarded New Contract to Continue Serving Medicaid Managed Care Residents in Home State of Kentucky

Humana Awarded New Contract to Continue Serving Medicaid Managed Care Residents in Home State of Kentucky

29 May 23:25 finanzen.net 2053223362592460296.html
Pier 1 Imports gets approval from a judge to liquidate its remaining stores

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

29 May 23:05 Business Insider 6060062399657371614.html
Yes Bank launches overdraft facility on FDs

Private lender Yes Bank has launched an overdraft (OD) facility against fixed deposits (FDs) for its customers through digital channels.

29 May 23:12 The Financial Express 1288289581596525100.html
Covid effect? Debt Mutual Funds to face multiple headwinds

Since the lockdown was imposed in India to contain the spread of novel coronavirus, weak liquidity of underlying assets and redemption pressures have been a risk to the debt mutual funds.

29 May 23:32 The Financial Express 1288289580895886644.html
Apollo Global Management: For When Blood Runs The Street

Apollo used the corona-downturn to its advantage. Increase in permanent capital makes the business more stable. Funds are being raised, and deals are being made

29 May 23:13 Seeking Alpha 5725634556402024692.html
Renters more likely to struggle in coronavirus crisis than homeowners, says study

The analysis was carried out by the Resolution Foundation and underlines the difficulties faced by those who do not own their property

29 May 23:01 mirror 675785261101742778.html
Amphan cyclone: Insurers estimate losses up to Rs 1,000 crore

With the general insurers receiving mostly property and motor claims after cyclone Amphan caused widespread distructions in West Bengal and Odisha, the insured losses from the calamity could be in the range from Rs 800 crore to Rs 1,000 crore.

29 May 23:14 The Financial Express 1288289580068672419.html
Are creatives on another cockroach-horse ride? - The Nation Nigeria News

I received with reservations, the current touted plan by the federal government to provide palliatives for the creative industry. The move appeals to me

29 May 23:55 Latest Nigeria News, Nigerian Newspapers, Politics 2658445901276943896.html
Lush Is Slowly Reopening Its Stores Across the US, and We Can Smell the Good News From Here

Lush stores in the US and Canada are expected to reopen by early July, beginning with a phased rollout of contactless pickup.

29 May 23:39 POPSUGAR Beauty 1694745615539147003.html
India paves way for Apple, others to increase domestic production by removing a clause

Govt has dropped irritants from its PLI scheme, paving way for phone-makers to ramp up production in India.

29 May 23:11 The Economic Times 7653256036595062590.html
Bitcoin’s Funding is Flashing a Warning Sign After Rejection at Key Resistance

Bitcoin's rejection at $9,700 has coincided with funding flipping positive. This suggests that sellers are gaining the upper hand over buyers

29 May 23:00 Bitcoinist.com 1696346937032192390.html
Accenture gives bonuses to a large part of its staff

The payouts have been made over the past few weeks to more than half its 2,00,000 employees in India across technology and business process management centres, multiple sources said.

29 May 23:11 The Economic Times 7653256037903396227.html
Wall St ends mostly higher as U.S.-China spat simmers

U.S. stocks finished mostly higher on Friday after President Donald Trump announced measures against China in response to new security legislation that were less threatening to the U.

29 May 23:01 Financial Post 2379081492079237753.html
Bangladesh becomes 60th nation to receive IMF pandemic aid

The coronavirus outbreak is severely affecting Bangladesh's exports of ready-made garments and remittances, notes the International Monetary Fund

29 May 23:00 Rappler 1882105642341644830.html
Dead Cat Bounce or Real Rally?

Investors are split on whether the rally since late-March is the real-deal or a short-lived bounce. Here's what our quant experts are saying.

29 May 23:53 InvestorPlace 24614510875651545.html
Germany, Brussels seal pact on Lufthansa rescue plan, say sources

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

29 May 23:18 Malaymail 302165936231619492.html
Covid impact: Big tax shortfall raises Centre’s fiscal deficit to 4.6%

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

29 May 23:42 The Financial Express 1288289580862457011.html
Early warning: Growth slows to 3.1 per cent in Q4 which had just one week of lockdown

The March quarter estimates dragged the overall GDP growth rate for 2019-20 to an 11-year low of 4.2 per cent, the provisional estimate released by National Statistical Office (NSO) on Friday showed.

29 May 23:08 The Indian Express 2885715104386264302.html
Credit flow: Rs 4L crore reverse repo funds sanctioned as loans

RBI data show banks have parked Rs 6.3 lakh crore under the reverse repo route.

29 May 23:20 The Financial Express 1288289579624196921.html
Nikon Releases Brutal Financial Report, Lays Off 700 in Southeast Asia

After delaying the report—and publishing a revised financial forecast earlier this month—Nikon has finally released its Fiscal Year 2020 financial results. At the same time, the company reportedly cut 10% of its workforce in Thailand and Laos, laying off 700 people.

29 May 23:56 Petapixel 4288413231902237983.html
Fed chair warns of widening inequality as U.S. consumption dives

United States consumer spending plunges by a record 13.6% in April 2020

29 May 23:30 Rappler 1882105642700076394.html
Congress Slams Centre Over Low GDP Growth In Last Quarter Of 2019-20

The Congress on Friday said the low GDP growth in the last quarter of 2019-20 is the result of the BJP government's failures, misplaced priorities and a telling commentary on its economic management.

29 May 23:27 NDTV.com 5090057681856468346.html
Govt reducing income of SBI depositors by reducing interest rates: Congress

The Congress on Friday accused the BJP government of reducing income of State Bank of India (SBI) depositors by bringing down interest rates and demanded that the previous rates be restored. The

29 May 23:06 Deccan Herald 2027555797038410044.html
Markets buck global trend, march higher for third day

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

29 May 23:34 The Financial Express 1288289580145277737.html
India's economic growth dips drastically during coronavirus pandemic

Indian economy grew by 4.2% in fiscal year ending March, down from 6.1% previous year

29 May 19:06 Gulf News 2086521544262826399.html
UK plans new 5G club of 10 democracies, including India: Report

The move to speed up such a club comes as the UK launched an inquiry into Huawei's involvement in the country's mobile network upgrade in the wake of US sanctions against the company.

29 May 19:14 The Financial Express 1288289581360039216.html
MASS Design Group outlines redesign strategies for restaurants following coronavirus

US architecture firm MASS Design Group has suggested that restaurants add barriers, remove bar seating and seek local produce sources to curtail infection and promote social distancing to allow patrons to safely eat out following the coronavirus lockdown.

29 May 19:30 Dezeen 1175672639936945883.html
‘Telling commentaryon BJP management’: Cong hits out after dip in GDP growth rate

Congress leader and former finance minister P Chidambaram blamed the government’s economic management for the new low in GDP growth.

29 May 19:43 The Indian Express 2885715104989300264.html
Why CBN slashed monetary policy rate - Official

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has explained why it slashed the monetary policy rate, popularly called lending rate, from 13.5 per cent to 12.5 per cent.

29 May 19:03 Premium Times Nigeria 5456729301166694600.html
Florida officials approve Walt Disney World reopening plans

(Reuters) - Florida officials have approved plans for a phased reopening of Walt Disney World (DIS.N) in Orlando starting on July 11, according to a memo from a state agency released on Friday.

29 May 19:44 Reuters 8334514181082000683.html
No decision taken on setting up bad bank: FinMin official

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

29 May 19:37 The Financial Express 1288289580248887207.html
CULTIVATED: An inside look at Eaze — Cuts at Caliva — Dismal earnings for Canopy Growth

In this week's Cultivated, we take a close look at Eaze's financial projections, scoop cuts at Caliva, and more.

29 May 19:15 Business Insider 6060062399507441887.html
Deloitte's consulting arm said to warn of about 2,500 job cuts

There’s growing concern among some consultants who aren’t currently assigned to a project with a client that they’ll be first in line to lose their jobs, one of the people said.

29 May 19:05 BNN 3833521688788808228.html
Govt is looking at starting home delivery of petrol, CNG: Pradhan

Indian Oil Corp (IOC), the nation's largest fuel retailer, started home delivery of diesel through a mobile dispenser in 2018. This service is available only in a handful of cities.

29 May 19:14 Business-Standard 1502508925373549939.html
3 Sports Apparel Stocks to Trade for Players and Spectators Alike

Stoppage time for athletics of all kinds hasn’t stopped bulls and bears from playing three sports apparel stocks to big wins.

29 May 19:39 InvestorPlace 24614509478445449.html
S&P 500, Dow dip on jitters over Trump's China response

U.S. stock futures dropped on Friday as investors braced for President Donald Trump's response to China's national security legislation for Hong ...

29 May 19:00 CNA 5644198862561267725.html
Gold: Making Its Seasonal Top

We are trading gold now as a currency against the US dollar. The current crisis has burst the bubble of the Keynesian idea of supplying stimulus to the market t

29 May 19:30 Seeking Alpha 5725634557935604673.html
Futures hit by Sino-US tensions at the end of strong month

U.S. stock futures dropped on Friday as investors braced for President Donald Trump's response to China's national security legislation for Hong ...

29 May 19:00 CNA 5644198863441872599.html
Party City News: Why PRTY Stock Is Surging 29% Today

Party City (PRTY) is seeing massive gains to PRTY stock Friday following news of a Transaction Support Agreement with bondholders.

29 May 19:37 InvestorPlace 24614509741489884.html
Airline Chiefs Talk Travel Rebound, Cut Jobs Anyway

People are starting to fly again and that's encouraging. But companies are sticking with sweeping layoffs, suggesting a tepid recovery at best.

29 May 19:07 Bloomberg.com 4032480122665188785.html
ED attaches Rs 385 crore assets of Agusta middleman Rajiv Saxena

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

29 May 19:19 Deccan Herald 2027555796061206854.html
ITC to use Amway network to sell juices as coronavirus pushes demand for immunity boosters

FMCG major ITC has partnered with direct selling company Amway to retail its range of juices as demand for immunity building products witness a boom during the coronavirus pandemic.

29 May 19:13 The Financial Express 1288289580857794828.html
At recent Auckland apartment auctions there were plenty of potential buyers and they weren't afraid to bid but everything that sold went for less than its rating valuation

At recent Auckland apartment auctions there were plenty of potential buyers and they weren't afraid to bid but everything that sold went for less than its rating valuation

29 May 19:03 interest.co.nz 6454226275521805488.html
Three-point checklist for getting maximum savings out of KiwiSaver

Three point checklist to get the best out of KiwiSaver.

29 May 19:21 Newshub 2131266986766665335.html
Bangladeshi eggplant farmers reap rewards via genetics

Farmers in Bangladesh achieved significantly higher yields and revenues by growing insect-resistant, genetically engineered eggplant, a new Cornell study has found.

29 May 19:53 phys.org 3476726124139982172.html
Torstar buyer says Canso picked to provide financing because of media experience

TORONTO — A private investment company that is a major backer of Postmedia Network Corp. has agreed to provide financing for NordStar Capital's acquisition of Torstar Corp., the owner of the Toronto Star and other newspapers.

29 May 19:15 KitchenerToday.com 52741010316030859.html
Income Tax Return: Filing ITRs to become easy as CBDT notifies new Form 26AS

Form 26AS contains details of tax deducted, tax paid and tax deposited along with some other taxable income, like interest on FD etc, on which tax has not been deducted.

29 May 19:09 The Financial Express 1288289581311146679.html
Ad volumes on television rose 16% in week 20: BARC-Nielsen report

The report, which also revealed data on content consumption on smartphones, highlighted how content consumption on smartphones also recorded a dip of 2.7%

29 May 19:19 The Financial Express 1288289580130521617.html
Food security and sustainability during the pandemic

The virus provides an opportunity. But will we Take it?Amid rising deaths from the coronavirus worldwide, the World Food Programme (WFP) has warned that the world could face a "global hunger p

29 May 19:39 Pakistan Today 6621510369806265718.html
Williams-Sonoma Earnings: WSM Stock Rallies 14% Following Q1 Topper

Williams-Sonoma (WSM) earnings for the retail company's first quarter of the year have WSM stock heading higher on Friday.

29 May 19:02 InvestorPlace 24614509810787854.html
Theatre gets positive review

A review of operations within the Kelowna Community Theatre suggests only fine-tuning is needed for it to become more efficient and generate additional revenue.

29 May 19:00 Castanet 616068601596679235.html
UK lenders approve almost 1.5m holidays for card and loan payments

Requests to freeze accounts among distressed borrowers continues to grow

29 May 19:35 Ft 707176888178799319.html
Indian economy slows in March quarter, with worst to come

India's economy grew at 3.

29 May 19:54 Bangalore Mirror 4632149709034771469.html
Modine Manufacturing's (MOD) CEO Tom Burke on Q4 2020 Results - Earnings Call Transcript

Modine Manufacturing Company (NYSE:MOD) Q4 2020 Earnings Conference Call May 29, 2020 9:00 AM ET Company Participants Kathy Powers – Vice President, Treasurer,

29 May 19:35 Seeking Alpha 5725634556464592221.html
Why Growth Will Continue To Outperform 'Traditional Value'

Growth investing has handily outperformed traditional value investing over the last ten years, a trend which has been exacerbated since the pandemic. Traditiona

29 May 19:38 Seeking Alpha 5725634557961548915.html
Tesla could build another Gigafactory in the UK: report

Tesla may have a new Gigafactory coming to the United Kingdom, according to recent reports. The UK Government is reportedly looking for a four-million square foot site to accommodate a new production facility for the electric car maker. The Department for International Trade (DIT) is heading the search for a plot of land that is […]

29 May 19:30 Teslarati 613467574104138944.html
Lloyd's of London considers part-virtual underwriting room

LONDON (Reuters) - The Lloyd's of London insurance market said on Friday it is considering combining its physical underwriting floor in the City of London with some online elements. Lloyd's shut its

29 May 19:36 Firstpost 4760741712587170513.html
Westlake Chemical Corporation: Too Early To Go Long Here

First-quarter numbers were encouraging considering lower sales prices witnessed in the quarter. We like the fundamentals of caustic soda despite headwinds in Q1

29 May 19:14 Seeking Alpha 5725634556451784700.html
How to Ride a Multi-Bagger Opportunity in Virgin Galactic Stock

Virgin Galactic remains an excellent speculative play and an even better holding with a well-conceived spread in SPCE stock.

29 May 19:21 InvestorPlace 24614509751646230.html
Lumber sees surprise win as shut-in Americans fix up their homes

Lumber futures are heading for their second-straight monthly gain at a time when gloom from the coronavirus pandemic was expected to curb demand.

29 May 19:47 BNN 3833521689708354241.html
Price of rice, eggs, yam increased in April — NBS

The National Bureau of Statistics (NBS) said the average price of some selected food items in the country increased in April.

29 May 19:09 Premium Times Nigeria 5456729301054275232.html
Wall Street Week Ahead: Investors eye consumer discretionary stocks as US reopens

Investors are taking a closer look at the market's consumer discretionary companies as a reopening U.S. economy fuels hopes of a turnaround for ...

29 May 19:10 CNA 5644198863289028465.html
Wall Street retreats ahead of Trump's response on Hong Kong

Wall Street's main indexes fell on Friday as investors were on edge ahead of a U.S. response to China's national security law on Hong Kong that ...

29 May 19:00 CNA 5644198862263062855.html
Standard Chartered Completes First Impact-Focused Subscription Finance Facility

Standard Chartered, a UK-based multinational banking and financial services company with $688 billion in assets, announced earlier this week it comple

29 May 19:17 Crowdfund Insider 6834688073597067288.html
POLL: Would you prefer a four-day work-week?

As New Zealand rounds the corner of the global pandemic, Prime Minister Jacinda Adern has floated an idea to revive the tourism industry there that's at

29 May 19:30 iNFOnews.ca 6669504245638705702.html
A Frito-Lay exec explains why your favorite Doritos and Lay's flavors might be missing from stores since the pandemic hit

Frito-Lay, which is responsible for brands like Tostitos, Doritos, and Cheetos, had to reduce assortment of its flavors at the start of the pandemic.

29 May 19:09 Business Insider 6060062400990519313.html
US consumer spending sinks by record 13.6% in face of virus

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

29 May 19:32 The Financial Express 1288289581476026653.html
Govt. notifies fee structure for PG medical and dental courses

Quota rule will be followed in admissions: regulatory panel chief

29 May 19:00 The Hindu 6679535024237946728.html
The world's largest marijuana company craters 22% as recreational pot demand sinks amid coronavirus pandemic (CGC)

Canopy Growth cratered as much as 22% on Friday after the company reported its fiscal fourth quarter earnings that missed analyst estimates. The...

29 May 19:45 Business Insider 3364799148234368408.html
UK plans new 5G club of 10 democracies, including India, says report

The group will aim to create alternative suppliers of 5G equipment and other technologies to avoid relying on China

29 May 19:30 Business-Standard 1502508926400566455.html
Today In Payments: Mastercard Introduces Recovery Insights Tools; Starling Notches $49M In Funding

In today's top news, Mastercard introduces Recovery Insights tools, Google is mulling a share of Vodafone India, and Starling has raised $49 million.

29 May 19:00 PYMNTS.com 7357138825149524248.html
Digital Asset XRP Liquidty Sets All-Time High Just Weeks After New Lawsuit Filed Against Fintech Ripple

XRP liquidity via the Mexican and Australian corridor recently reached another all-time high. The digital asset’s European corridor liquidity has also incr

29 May 19:05 Crowdfund Insider 6834688072468066390.html
GDP growth slows to 3.1% in Q4 FY20 but is this the final estimate? Govt caveat leaves room for revision

Growth in the last quarter of FY 2020 has been the slowest since the global financial crisis more than a decade ago.

29 May 19:12 The Financial Express 1288289580268305774.html
Flour prices raised by Flour Mills Association

The price of a 20 kg bag of flour has been increased by Rs 120

29 May 19:35 Dunya News 5863268918775100819.html
Closed-End Funds: Eaton Vance's Option Funds

Eaton Vance offers many respectable funds. Today, I wanted to give a broad overview of the option based funds we don't discuss very often. I also wanted to touc

29 May 19:43 Seeking Alpha 5725634556702221980.html
Coronavirus: Chancellor extends support for self-employed but warns of ‘hardship ahead’

Chancellor Rishi Sunak has extended support for self-employed workers and unveiled a new "flexible furlough" system for firms.

29 May 19:40 The Courier 4275302767396913906.html
S&P 500 up in choppy action after Trump comments on China

Wall Street's main indexes fell on Friday as investors were on edge ahead of a U.S. response to China's national security law on Hong Kong that ...

29 May 19:00 CNA 5644198863924720196.html
Oil surges 5% on U.S.-China trade optimism, falling crude output

NEW YORK (Reuters) - Oil prices soared on Friday, with U.S. futures closing out May with record monthly gains, on hopes that the U.S.-China trade deal would remain intact and on falling crude production.

29 May 19:55 Reuters 8334514181198914045.html
Pandemic could spur more states to approve sports, online betting

The coronavirus pandemic could lead to a quicker expansion of sports betting and internet gambling in the U.S. as states deal with huge budget deficits.

29 May 19:08 FOX Sports 4135141641781017500.html
The contrarian case for Hong Kong stocks, Rosenberg on when markets will dive, and are Canadians relying too much on savings accounts?

A roundup of investment ideas for active investors

29 May 19:05 The Globe and Mail 68426410081199061.html
CoinMarketCap Revamps Pairs Ranking to Chase Inflated Volumes

CoinMarketCap.com has unveiled a new ranking system for all trading pairs listed on the industry’s go-to aggregator of cryptocurrency data

29 May 19:38 Finance Magnates 8992138266430413344.html
Williams says any team sale would be to secure F1 future

Williams are prepared to end decades of family control and sell the struggling Formula One team to secure its future after tough times on and off ...

29 May 19:31 CNA 5644198863953525534.html
Drybar CEO John Heffner to Join Summer Fridays

John Heffner has been with Drybar since 2013, and will transition to lead skin-care brand Summer Fridays in June.

29 May 19:52 WWD 5490910668316326935.html
Tencent in talks to buy Warner Music stake: report

The listing by the world’s third-largest recording label could potentially be the largest New York IPO so far in 2020.

29 May 19:25 The Globe and Mail 68426411474095389.html
New Set Of Reforms Will Help Transform Agriculture From A Bottomless Pit Of Subsidies To An Enterprising Industry

Tech-enablement of the agricultural value chain and information dissemination among stakeholders is important.

29 May 19:03 Swarajya 4977622829178624320.html
Finding Comfort Outside Of The MegaTechs

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

29 May 00:00 Forbes 6028587530637905891.html
Dilip Buildcon consolidated Q4 profit more than doubles to Rs 191 crore

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

29 May 00:00 Moneycontrol 1603024965223211260.html
Sensex surges 224 pts; Nifty tops 9,550-mark

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

29 May 00:00 Telangana Today 8182025566800388259.html
Redesigning business processes for contactless operations

Blog » As the world fights against Covid19, businesses are desperately struggling to cope and sustain in the rapidly evolving commercial landscape. Long-lasting

29 May 00:00 The Eastern Herald 7420825546200440625.html
Find The Best Talent And More: 4 Concrete Benefits To Your Business Of Being Accountable To Stakeholders

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

29 May 00:00 Forbes 6028587530827105018.html
ITC Hotels partners with Swiggy to deliver food delicacies at customers' doorsteps

The move would enable ITC Hotels' customers to enjoy their pre-paid orders with 'no-contact' deliveries and have unique food experiences with local offerings from the regions at their home, said a joint statement.

29 May 00:00 Moneycontrol 1603024964705433630.html
Phygital is the way forward’

Balbir Singh Dhillon, Audi India’s head, hopes that the sales will bounce back in the country powered by the YOLO mentality of customers As the country limps back to a sense of normalcy, I spoke with Balbir Singh Dhillon, Audi India’s boss about how he believes the luxury car market in India

29 May 00:00 The Pioneer 1146783232409632176.html
Euro zone companies tap banks for cash to survive pandemic

Lending growth to non-financial corporations accelerated to 6.6 percent in April, its fastest rate in over 11 years, from 5.5 percent a month earlier, the data showed.

29 May 00:00 Moneycontrol 1603024964965808213.html
Starling Bank lands £40m from existing backers

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

29 May 00:00 FinTech Futures 6822881035907866518.html
Creating infra worth Rs 2,209 cr in industrial parks: TSIIC Chairman

TSIIC Chairman Gyadari Balamallu said the State government was developing world class infrastructure worth Rs 2,209 crore in all industrial parks in the State.

29 May 00:00 Telangana Today 8182025567657214137.html
RCF Q4 profit jumps nearly 3-fold at Rs 142 crore

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

29 May 00:00 Moneycontrol 1603024965394021351.html
Wall Street ends down in late selloff; Facebook and China weigh

The Dow Jones Industrial Average fell 147.63 points, or 0.58%, to 25,400.64, the S&P 500 lost 6.4 points, or 0.21%, to 3,029.73 and the Nasdaq Composite dropped 43.37 points, or 0.46%, to 9,368.99.

29 May 00:00 Moneycontrol 1603024964384515586.html
Renault poised to announce 15,000 lay offs worldwide

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

29 May 00:00 Moneycontrol 1603024965087732964.html
Report: Whole Foods, King Soopers Make The Most Of Their Plant-Based Offerings

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

29 May 00:00 Forbes 6028587532373079740.html
MCD unlikely to resume property tax collection from June 1

The Municipal Corporation of Dehradun (MCD) will not resume property tax collection from June 1. The tax section of the corporation was closed for the public since the middle of March due to Covid-19 pandemic due to which many property tax payers of the city have not submitted their property

29 May 00:00 The Pioneer 1146783232658483202.html
The Paycheck Protection Program Could Have Been Great—It Wasn’t

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

29 May 00:00 Forbes 6028587531973758213.html
Asia Session: Asia Booking Profits Ahead Of The Weekend

Market Overview Analysis by MarketPulse (Jeffrey Halley) covering: EUR/USD, AUD/USD, XAU/USD, S&P/ASX 200. Read MarketPulse (Jeffrey Halley)'s latest article on Investing.com

29 May 00:00 Investing.com 5710361975399843447.html
Investors can participate in NIIT Tech share buyback through these 2 strategies

Given, the stock to perform well going ahead owing to increase in the order inflows & strong growth outlook, arbitrage benefit of 15-20 percent can be achieved easily in one month as on closing price (Rs 1,473).

29 May 00:00 Moneycontrol 1603024963846184811.html
The Great Bears do the bear market rally

Cross-posted from ZeroHedge is a fabulous post gathering together the world’s great bears.

29 May 00:15 MacroBusiness 6890797929142098800.html
Future Of Connected, Autonomous, Shared, And Electric Performance Motor Bikes - The BMW Motorrad Way

As it approaches its centenary, how does venerated motorcycle manufacturer BMW Motorrad plan to engage with the connected, autonomous, shared, and electric (CASE) revolution? To learn more, I turned to the consummate industry insider: company CEO, Dr. Markus Schramm.

29 May 00:00 Forbes 6028587532063873473.html
Please, Keep Artificial Intelligence From Becoming Another Out-Of-Touch Bureaucracy

Successful companies thrive on spontaneity, serendipity and spirit — not mechanized, robotic decision-making, Seventy percent of all AI projects need to be about human collaboration.

29 May 00:00 Forbes 6028587531185226912.html
Millions vulnerable to poverty although world does not suffer food shortage: IFAD

According to the World Food Programme, 265 million people would suffer from hunger by the end of this year due to the coronavirus pandemic.

29 May 00:00 Egypt Today 1963187899217320162.html
StockBeat: Smelling the Coffee in Times of Coronavirus

StockBeat: Smelling the Coffee in Times of Coronavirus

29 May 00:00 Investing.com 5710361976281796362.html
5 important things happening in South Africa today

If you get mingled up in the criminality of illegal cigarettes, the law must take its course, says Dlamini-Zuma; the Eastern Cape is facing a massive coronovirus problem; and the tourism industry is on its knees, lobbying government to open up at level 3.

29 May 00:00 BusinessTech 2153596440084114331.html
Rand, stocks drop with focus on US response to China over Hong Kong

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

29 May 00:00 ewn.co.za 2308610106431679669.html
What The Pandemic Means For The Gender Wage Gap

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

29 May 00:00 Forbes 6028587531606093052.html
Financial help sought for new community hub

The $3.8 million Wanaka Community Hub building, which opened seven months ago is in financial strife. The hub houses community and government...

29 May 00:00 Otago Daily Times Online News 3107042078598773989.html
COVID-19 impact | Blackberrys to align physical stores with digital capabilities

Premium menswear brand Blackberrys is gearing up to restart its business after the COVID-19-led disruption.

29 May 00:00 Moneycontrol 1603024963559203586.html
How can I qualify for pension cap indexation?

Indexation of superannuation pensions - if it ever happens - won't be available to all, writes John Wasiliev, who seeks answers to your questions about super.

29 May 00:07 Australian Financial Review 3974284486289916219.html
Government mulls further measures for NBFCs, markets: Report

At a meeting chaired by FM Sitharaman, RBI officials raised concerns over liquidity challenges being faced by NBFCs and various state and micro finances.

29 May 00:00 Moneycontrol 1603024965276719313.html
Special scheme to help rural industrial units in Tamil Nadu launched

The scheme, which is part of the State Rural Transformation Project, would cover about 1.39 lakh beneficiaries of whom 31,952 would get a long-term loan of Rs 159.76 crore.

29 May 00:00 Moneycontrol 1603024965095580717.html
NZ's largest furniture retailer to open, 180 jobs created

New Zealand's largest furniture and homewares retailer Nido will open its doors to the public tomorrow. The new $60m, 27,000 sq m store in West...

29 May 00:00 Otago Daily Times Online News 3107042080305640490.html
Are State Reopening Policies Turning The Economy Around?

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

29 May 00:00 Forbes 6028587530492998877.html
Magic Leap CEO Rony Abovitz to step down

Magic Leap is not yet naming a replacement.

29 May 00:37 The Verge 1337119304655269320.html
Wipro shares jump 7 per cent on new CEO appointment

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

29 May 00:00 Telangana Today 8182025566728535733.html
In rescue effort, Fed has broad stake in corporate America's fortunes

In rescue effort, Fed has broad stake in corporate America's fortunes

29 May 00:00 Investing.com 5710361974642756641.html
SoftBank Vision Fund CEO Gets 113% Pay Raise Despite Massive Losses

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

29 May 00:00 Forbes 6028587532388979853.html
Small Businesses Can Bypass Complicated GAAP Rules For Crypto Accounting

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

29 May 00:00 Forbes 6028587531116568465.html
Delhi HC restrains OLX, Quikr from posting fake Reliance job ads on web portals

Justice Mukta Gupta, in two separate interim orders, said RIL and Reliance Jio Infocomm Ltd have made out a prima facie case in their favour and in case no ad-interim injunction is granted they would suffer an irreparable loss and balance of convenience also lies in their favour.

29 May 00:00 Moneycontrol 1603024964741512890.html
Buy Orient Cement target of Rs 65: Anand Rathi

Anand Rathi is bullish on Orient Cement has recommended buy rating on the stock with a target price of Rs 65 in its research report dated May 28, 2020.

29 May 00:00 Moneycontrol 1603024965022733509.html
KfW completes multi-year deployment of FIS Ambit Focus

German state-owned development bank KfW has completed a multi-year implementation project with FIS.

29 May 00:00 FinTech Futures 6822881036126377732.html
Govt U-turns on royalties non-deductibility

THE taxman has decided to withdraw the earlier announced proposal to disallow tax deductibility of royalties for non-diamond mining companies.

29 May 00:00 The Namibian 8837880576725770288.html
5 Steps You Need To Take Before Your Employees Come Back To Work

The COVID-19 lockdown is ending. While some areas are only in Phase 1 of the recovery, the return to work by employees is in sight.

29 May 00:00 Forbes 6028587531211329555.html
Home in on that house

If you thought the 2% cut in stamp duty was a good thing, wait a while.

29 May 00:30 Bangalore Mirror 4632149709769423375.html
Financial help sought for new community hub

The $3.8million Wanaka Community Hub building, which opened seven months ago is in financial strife. The hub houses community and government...

29 May 00:00 Otago Daily Times Online News 3107042080028050541.html
Buy Aditya Birla Fashion and Retail target of Rs 137: Anand Rathi

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

29 May 00:00 Moneycontrol 1603024963939584017.html
Ukraine expecting $5 billion IMF loan approval and initial payout next week: PM

Ukraine expecting $5 billion IMF loan approval and initial payout next week: PM

29 May 00:00 Investing.com 5710361974729654532.html
Stocks - Dow Notches Two-Month Winning Streak as Trump Stops Short on China

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

29 May 00:00 Investing.com 5710361976433999741.html
Buy United Spirits; target of Rs 650: ICICI Direct

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

29 May 00:00 Moneycontrol 1603024964811913889.html
Economists must collaborate courageously

To navigate pandemic trade-offs, policymakers need syntheses.

29 May 00:00 Nature 7937820126940508067.html
Central University cuts fees by 50% over Coronavirus

Central University has reduced its fees for the 2020-2021 academic year for as much as 55% in some programmes in order to provide support to parents and students post COVID-19.

29 May 00:00 GhanaWeb 9132111494315962734.html
Google mulling stake in VIL positive but inadequate to solve telcos' debt woes: Analysts

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

29 May 00:00 Moneycontrol 1603024964695329452.html
Stocks - Europe Lower; Caution Reigns Over Hong Kong

Stocks - Europe Lower; Caution Reigns Over Hong Kong

29 May 00:00 Investing.com 5710361974610176354.html
The pandemic has tightened Putin's economic grip but spells trouble for the future

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

29 May 00:12 Brisbane Times 2314609339657826052.html
GDP numbers: Data collection affected due to COVID-19 outbreak, says government

The GDP growth for FY2019-20 came in at 4.2 percent, against 6.1 percent in FY 2018-19.

29 May 00:00 Moneycontrol 1603024964002400698.html
ANALYSIS: How SA can balance control of COVID-19 and avoid economic disaster

South Africa's management of the COVID-19 pandemic must now shift from a centrally regulated approach to one that enables participation and compliance by communities, workers and businesses.

29 May 00:00 ewn.co.za 2308610108218993121.html
PIC willing to convert R90 billion of Eskom debt into equity

Africa’s biggest fund manager, the Public Investment Corp., is willing to convert more than 90 billion rand ($5.2 billion) of Eskom Holdings SOC Ltd. debt into equity.

29 May 00:00 MyBroadband 3036103787433276143.html
German Rights Body GEMA Says Strong 2019 Created 'Crisis Airbag' for Members Sidelined by Pandemic

The German copyright society GEMA carried over momentum from the previous year and increased revenues by nearly 5% in 2019.

29 May 00:00 Billboard 3719329425802952425.html
Low Q4 growth telling commentary on economic mismanagement of BJP govt: Chidambaram

India's economic growth slowed to 3.1 percent in January-March and to an 11-year low of 4.2 percent for the full fiscal 2019-20 amid a drop in consumption and investment.

29 May 00:00 Moneycontrol 1603024964199471251.html
India, US could strike a 'smaller' trade deal in the coming weeks: Indian envoy

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

29 May 00:00 Moneycontrol 1603024964460067268.html
Sustainable Water Technologies Meet Consumer Demands

At one point in time, the water treatment industry was largely novel and unknown to the consumer market. However, as our society in the new decade grows more

29 May 00:00 Water Quality Products 3944147856765547375.html
Magic Leap CEO Rony Abovitz is stepping down

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

29 May 00:13 VentureBeat 6273363635766121234.html
Yes Bank Scam: Over 100 firms that ‘diverted’ money, Rs 87-crore gift to wife under ED lens

The Enforcement Directorate (ED) is poring over the books of more than 100 companies owned/controlled/managed by the founder of the troubled Yes Bank, Rana Kapoor, and his family members.

29 May 00:30 Mumbai Mirror 1209961193151420970.html
Japan Might Be Subsidizing Your Travels When The Crisis Passes Over

Japan’s tourism numbers in April 2020 were reportedly 99.9% lower than those in April 2019.

29 May 00:00 Designtaxi 7791608383976450288.html
Paris-based Neobrain snaps up €3 million to support employees during change

French HRtech startup Neobrain, which uses AI to support organisations and people during times of change and crisis, has secured €3 million of investment from French venture capital firm Breega. The startup will use the funds to expand internationally, grow its team and conduct more research on the

29 May 00:00 EU-Startups 1488873444190122193.html
Bank of India cuts MCLR by 25 bps across all tenors

The revised one-year MCLR will be 7.70 percent as against 7.95 percent earlier, the bank said in a release.

29 May 00:00 Moneycontrol 1603024965161289920.html
V-Mart Retail Q4 net loss at Rs 8.43 crore, net sales at Rs 332.66 crore

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

29 May 00:00 Moneycontrol 1603024965431218572.html
Wall Street retreats ahead of Trump's response on Hong Kong

President Donald Trump, who has warned of a tough response to China's move, is expected to make an announcement later in the day.

29 May 00:00 Moneycontrol 1603024963697471113.html
Pick n Pay opens alcohol pre-orders online as it prepares for high demand from 1 June

Pick n Pay customers can now pre-order liquor from its online shop and all orders will be delivered from 1 June 2020.

29 May 00:00 BusinessTech 2153596439434006537.html
Procter & Gamble Health posts net profit of Rs 46.5 crore for March quarter

It had posted a net profit of Rs 40.70 crore in the corresponding quarter a year ago, Procter & Gamble Health said in a regulatory filing.

29 May 00:00 Moneycontrol 1603024963791786696.html
IIFL Finance March Quarter profit plunges 81% to Rs 59 crore

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

29 May 00:00 Moneycontrol 1603024964641468384.html
Sundaram Finance posts Rs 131 crore net profit for March quarter

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

29 May 00:00 Moneycontrol 1603024964076490790.html
The American Workplace Is Reopening. Are Employers Ready?

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

29 May 00:00 Forbes 6028587531104665269.html
Big Tech’s Tumble: Why AMZN, MSFT And Other FAAMG Stocks Are Stalling

Stocks Analysis by Matthew Weller covering: S&P 500, Boeing Co, Microsoft Corporation, Alphabet Inc Class A. Read Matthew Weller's latest article on Investing.com

29 May 00:00 Investing.com 5710361975365816706.html
TZERO Announced New Broker-Dealers Trading On Its Blockchain

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

29 May 00:00 Forbes 6028587530490567261.html
Days from launch, Fed officials eye 'Main Street' program expansion

Days from launch, Fed officials eye 'Main Street' program expansion

29 May 00:00 Investing.com 5710361976131882463.html
Big Banks Must Face Forex Manipulation Claims, U.S. Judge Rules

(Bloomberg) — A group of banks failed to persuade a judge to throw out a lawsuit claiming they conspired to rig foreign exchange rates.

29 May 00:36 Financial Post 2379081492682377321.html
German regulator examines stock trades by Wirecard CEO

German regulator examines stock trades by Wirecard CEO

29 May 00:00 Investing.com 5710361974467534840.html
Wipro's new CEO: Can foreign executives succeed in Indian IT firms?

Wipro's peers TCS and HCL Tech have always placed faith in long-timers.

29 May 00:00 Moneycontrol 1603024965112212963.html
Aussie shares slip early after Wall St stumble

The Australian share market has opened lower after Wall St dipped amid US-China trade tensions.

29 May 00:14 WAtoday 6806590900697769898.html
Tristar Worldwide begins 45-day consultation process with workers

Addison Lee Group chauffeur division Tristar Worldwide has started a 45-day consultation with some of its workers, according to GMB London.

29 May 00:00 FleetNews 632199013474757011.html
Erin O'Toole promises increased childcare support as part of COVID-19 economic recovery plan

Both frontrunners in the Conservative leadership race, O'Toole and Peter MacKay, have now released their plans for leading Canada out of the COVID-19 crisis

29 May 00:39 National Post 4816958592228408377.html
China's Geely raises $836 million from share sale

Hong Kong-based Geely has sold 600 million primary shares at the bottom of the HK$10.80-HK$11.20 ($1.39-$1.44) price range, or at a 7.85% discount to the last closing price of HK$11.72, according to its release.

29 May 00:00 Moneycontrol 1603024964265036310.html
French economy shrank less than first thought in first quarter: INSEE

French economy shrank less than first thought in first quarter: INSEE

29 May 00:00 Investing.com 5710361975265721606.html
Huawei's ambitions for Canada stalled by rift with China, security expert says

Huawei Technologies Co.'s push to become a leading supplier of 5G technology in Canada appears to be in jeopardy after the Chinese tech giant's CFO suffered a legal setback in a B.C. court, prompting an angry response from Beijing.

29 May 00:45 CP24 1887544296204865933.html
India's economy seen slowing rapidly in March quarter, with worse to come

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

29 May 00:21 Yahoo 7097669637717529319.html
Chile jobless rate hits 9% during pandemic, highest in decade

Chile jobless rate hits 9% during pandemic, highest in decade

29 May 00:00 Investing.com 5710361974962842943.html
Metals Nearing Critical Momentum For New Parabolic Rally

Commodities Analysis by Chris Vermeulen covering: XAU/USD, XAG/USD, Gold Futures, Silver Futures. Read Chris Vermeulen's latest article on Investing.com

29 May 00:00 Investing.com 5710361975118768293.html
FMG appoints Claire Owens as new managing director

Huddersfield-based incident management and recovery business FMG, appointed Claire Owens as a new managing director in March, at the outset of the Covid-19 outbreak in the UK.

29 May 00:00 FleetNews 632199012628512248.html
Silver Price Analysis: Struggles to gather upside traction despite diamond breakout

Silver is currently trading near $17.41 per ounce, representing a 0.21% gain on the day, having faced rejection near $17.50 on Thursday. The metal wit

29 May 00:54 FXStreet 4480975639287024821.html
Dell reports steady sales because of work-from-home trend

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

29 May 00:00 MyBroadband 3036103788701183916.html
Application for Coronavirus Alleviation Programme is free - NBSSI

Applicants of the Coronavirus Alleviation Programme (CAP) business support have been asked to be cautious of persons who offer to register them on the scheme at a fee.

29 May 00:00 GhanaWeb 9132111493759454210.html
How Will Africa Fare After COVID-19? By Haleed Sulemana

The African Free Trade Area Agreement (AfCFTA) that would see African countries trade within its borders without priority to Western countries should be fast-tracked and made operational. This will allow the African Union and other African sectors to easily assert their agency globally.

29 May 00:00 Sahara Reporters 4209699745140091782.html
Goldfinch Partners acquires payments fintech Vesta

Goldfinch Partners, a Washington-based private equity firm, has invested $125 million in Vesta in a bid to take control of more than 80% of the Oregon-based payments and fraud detection solution provider.

29 May 00:00 FinTech Futures 6822881035670538279.html
Huawei's ambitions for Canada stalled by rift with China, security expert says

TORONTO — Huawei Technologies Co.'s push to become a leading supplier of 5G technology in Canada appears to be in jeopardy after the Chinese tech giant's CFO suffered a legal setback in a B.C. court, prompting an angry response from Beijing.

29 May 00:41 KitchenerToday.com 52741010270217821.html
Sun Pharma gains 5% on DGCI nod to initiate clinical trial of drug on COVID-19 patients

Nafamostat is approved in Japan for improvement of acute symptoms of pancreatitis and treatment of Disseminated Intravascular Coagulation (DIC).

29 May 00:00 Moneycontrol 1603024964158815298.html
Business News

PPI Announces Winners of Projects and Members of the Year Program The Plastics Pipe Institute, Inc. (PPI) announced the winners of its Projects and Members

29 May 00:00 WATER & WASTES DIGEST 8081230896028398451.html
Decision to open shops in malls soon after taking into account health ministry's guidelines

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

29 May 00:00 Moneycontrol 1603024965187437479.html
COVID-19 impact | Re-mobilisation of workforce at project sites an arduous task: Voltas

In its March quarter (Q4) results, the company posted a 12.7 percent year-on-year (YoY) growth in net profit at Rs 160 crore.

29 May 00:00 Moneycontrol 1603024964968119949.html
Cane arrear reaches Rs 17,134 crore so far in 2019-20 season: Centre

Under the Sugarcane (Control) Order, 1966, sugar mills are required to make cane price payment to farmers within 14 days of supply of cane. If mills fail to make payment, they have to pay interest at the rate of 15 per cent per annum on amount due for the delayed period beyond 14 days.

29 May 00:00 Moneycontrol 1603024964005982595.html
Finbond Group plans to sell its South African operation and delist from the JSE

Credit-provider Finbond says that as part of its short and medium term strategic objectives, it plans on selling its South African operations to focus on North America and Europe.

29 May 00:00 BusinessTech 2153596439407465310.html
Month-End Profit-Taking Weighs On Equities As The Euro Pops Above $1.11

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

29 May 00:00 Investing.com 5710361975337511913.html
Life in lockdown: Coronavirus prompts half of French consumers to reappraise ‘value’ of food

During eight weeks of lockdown, or confinement, over half of French people report having changed their view of the social, economic and ecological value of food production.

29 May 00:00 FoodNavigator.com 3674007565826840238.html
Taking Stock: Volatile Friday! Nifty reclaims 9,500; Sensex rallies over 200 points

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

29 May 00:00 Moneycontrol 1603024965372691498.html
Relief for migrant labourers: Too late, too little

The govt’s measures for migrant workers won’t be of much effect. We must consider basic income transfers, otherwise we risk starvation due to indifferent public policy responses

29 May 00:59 The Financial Express 1288289580298562432.html
14 Return-On-Equity Champions With Warren Buffett Fundamentals

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

29 May 00:00 Forbes 6028587531989453429.html
FTSE 100 up as AstraZeneca, GSK climb on vaccine hopes

LONDON, May 29 ― UK shares ended higher yesterday, helped by drugmakers AstraZeneca and GSK as markets looked for more progress in the development of a Covid-19 vaccine, while optimism over the reopening of the economy persisted. The blue-chip FTSE 100 rose another 1.2 per cent after ending...

29 May 00:53 Malaymail 302165935064215782.html
Used Car Seller Billionaires Ernie Garcia II And Son Accused Of Insider Trading In Lawsuit

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

29 May 00:00 Forbes 6028587531856590291.html
Profitable Blis points to significant growth

Dunedin company Blis Technologies has posted its second consecutive profitable year and says there remains significant international growth...

29 May 00:00 Otago Daily Times Online News 3107042080618844179.html
Amazon in talks for new office despite pandemic

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

29 May 00:00 MyBroadband 3036103788747548761.html
'Global growth worries, US-China tensions likely to keep crude prices choppy'

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

29 May 00:00 Moneycontrol 1603024964931425372.html
Russia's Rosneft finds extended oil cuts painful: Sources

Rosneft has told the energy ministry it would be difficult to maintain cuts to the end of the year, as it has had to cut shipments to major buyers, such as Glencore and Trafigura, despite good demand, two sources close to the talks said on condition of anonymity.

29 May 00:00 Moneycontrol 1603024965324701373.html
The cities that could benefit most from the UK’s £500 million EV charging fund

According to new research from Uswitch.com, Stoke-on-Trent, Southend and Birmingham are among the cities that could benefit most from the Government’s £500 million ‘Rapid Charging Fund’.

29 May 00:00 FleetNews 632199013931585660.html
Amid lockdown, BBMP nets Rs 1,028 crore in property tax

The BMMP has collected Rs 1,028 crore property tax in the first two months of the financial year 2020-21, reaching 42% of its target amidst the lockdown.

29 May 00:36 Deccan Herald 2027555797581478354.html
WTI slips below $34.00 amid risk reset in early Asia

WTI extends its declines from $34.34 to $33.56 amid the initial Asian session on Friday. In doing so, the oil benchmark probes the previous day’s reco

29 May 00:31 FXStreet 4480975638955652564.html
Crude futures slip nearly 5% on demand concerns; gain 86.61% in May

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

29 May 00:00 Moneycontrol 1603024964225120370.html
Andrew Hume announced as new Acting CEO of ECMS

Early Childhood Management Services (ECMS) a Victorian based not for profit early childhood education and care (ECEC) provider has confirmed the appointment of Andrew Hume as their new Acting Chief Executive Officer effective 9 June 2020.

29 May 00:00 The Sector 628795922177400600.html
Layoffs, pay cuts and shutdowns as major South African hotels count R1.7 billion in losses

South African hotel and gaming group Tsogo Sun has recorded R1.7 billion in exceptional losses for the full year ended March 2020, after a nationwide Covid-19 lockdown led to a near-complete closure of its hotels.

29 May 00:00 BusinessTech 2153596439458993427.html
Government's self-employment support scheme extended – what you need to know

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

29 May 00:00 MoneySavingExpert.com 6484313545364794146.html
NABARD sanctions Rs 1,050 crore credit support to West Bengal

The National Bank for Agriculture and Rural Development (NABARD) has sanctioned credit of Rs 1,050 crore in the current fiscal so far to West Bengal for benefit of farmers and poor people.

29 May 00:00 Telangana Today 8182025567986475028.html
Indian rupee settles 14 paise higher at 75.62 against US dollar

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

29 May 00:00 Moneycontrol 1603024964885525730.html
Does Gap Inc Have Enough Cash To Survive Covid-19 Demand Shock?

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

29 May 00:00 Forbes 6028587532048165885.html
Jubilant Life Sciences posts Rs 260.49 crore profit for March quarter

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

29 May 00:00 Moneycontrol 1603024964746015071.html
Gov't committed to making Internet access a right, says minister

MINISTER of Science, Energy and Technology Fayval Williams says COVID-19 has brought into...

29 May 00:00 Jamaica Observer 5357348613714079241.html
California to vote on business tax hike worth up to $12B

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

29 May 00:00 The Washington Times 8941836441292428621.html
Bank mortgage lending is drying up in South Africa

The South African Reserve Bank (SARB) says that banks have adopted a relatively conservative approach to mortgage lending. 

29 May 00:00 BusinessTech 2153596439501664290.html
ITC Hotels partners with Swiggy for home delivery

Home delivery service will be available for properties including ITC Maurya, ITC Royal Bengal, ITC Grand Chola, ITC Gardenia and ITC Windsor among others…

29 May 00:00 Business Traveller 900610880949140077.html
Lockdown shuts 8 companies for good

EIGHT businesses have closed their doors, more than 25% of businesses temporarily closed, and 50% of those who operated, did so below their production capacity – all due to Covid-19 measures.

29 May 00:00 The Namibian 8837880576544285302.html
What changed for the market while you were sleeping? Top 10 things to know

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

29 May 00:00 Moneycontrol 1603024964240548454.html
Singapore top source of FDI in FY20 with investments worth $14.67 billion

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

29 May 00:00 Moneycontrol 1603024963589265816.html
Flight operations to return to pre-COVID-19 levels by Diwali: Hardeep Singh Puri

Domestic flight operations resumed in a staggered manner after a gap of two months on May 25.

29 May 00:00 Moneycontrol 1603024964918440600.html
This Jet-Powered Electric Surfboard Lets You Surf Without Waves

Time to learn how? Supposedly just 5 minutes ...

29 May 00:00 Forbes 6028587531655311007.html
PIC wants Eskom bonds turned to equity

SOUTH African state asset manager the Public Investment Corporation has submitted a proposal to the government on converting bonds it holds in struggling state utility Eskom into equity.

29 May 00:00 The Namibian 8837880576115470521.html
Mortgage Rates Hit New All-Time Low, But Rushing To Refinance Might Not Be Necessary

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

29 May 00:00 Forbes 6028587531573149228.html
United Airlines cutting 13 top jobs under fresh restructuring

United Airlines cutting 13 top jobs under fresh restructuring

29 May 00:00 Investing.com 5710361974992613126.html
Council may find it difficult to raise GST rates

 The GST Council is unlikely to make major changes in the indirect tax structure at its next meeting slated mid June.

29 May 00:00 Telangana Today 8182025567676095131.html
Swedish banks join forces to fight money laundering

The five largest banks in Sweden have teamed up with the country's police to launch an anti-money laundering initiative.

29 May 00:01 Finextra 6000504749776520963.html
KEC International Q4 profit down 3% to Rs 193 crore

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

29 May 00:00 Moneycontrol 1603024964106778873.html
Long Odds: China's bet on REITs draws skeptics

SHANGHAI/BEIJING — China’s plans to introduce real estate investment trusts (REITs) mark a crucial step to get private money to fund infrastructure such as toll roads and sewage systems, but authorities have their work cut out in creating a fully-fledged market.

29 May 00:03 Financial Post 2379081491694723540.html
Should You Pick Ameren Over NextEra?

he stock price for NextEra Energy, the largest electric utility holding company in terms of market cap, is up by over 105% since the beginning of 2017, driven by the company’s fast-growing renewable energy business. In comparison, Ameren, a regulated utility that operates in Illinois and Missouri...

29 May 00:00 Forbes 6028587532421906020.html
Slovak startup GymBeam nabs around €6 million for its fitness brand

Slovakian startup GymBeam, one of the fastest growing fitness brands in Europe, has landed an investment of around €6 million, which it will use to push its brand across Central and Eastern Europe. Founded in 2014, the Slovak e-commerce platform focuses on fitness, nutritional supplements, functi

29 May 00:00 EU-Startups 1488873444433036035.html
NIIT Technologies share buyback issue opens; 10 key things to know

The IT company proposed to raise Rs 337.46 crore through the buyback offer.

29 May 00:00 Moneycontrol 1603024963816863183.html
State Department approves $425M deal for work on Kuwait's Patriot missiles

May 28 (UPI) -- The State Department approved a possible deal for Patriot missile support for up to $425 million, the Defense Security Cooperation Agency announced Thursday.

29 May 00:05 UPI 8257973866008583538.html
US major airlines roll out more options to avoid staff lay-offs

The top three U.S. airlines, hit hard by the coronavirus pandemic, are rolling out fresh programs to induce tens of thousands of employees to ...

29 May 00:33 CNA 5644198864148302697.html
India’s oil import bill falls 10 per cent in FY 20

At least in the oil sector, the global health emergency posed by the spread of the novel coronavirus has come to the country's advantage.

29 May 00:00 Telangana Today 8182025566780085194.html
Wage subsidy auditing figures only collected quarterly - MSD

Government ministers are not receiving up to date figures on breaches of the $10 billion wage subsidy scheme, and one Minister's office says "it's...

29 May 00:00 Otago Daily Times Online News 3107042079136045530.html
Did Gold Do Better Than The Markets? (2020)

Gold sellers are touting a 7 year high in gold.

29 May 00:00 Forbes 6028587531833433152.html
Renault to cut 15,000 jobs

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

29 May 00:00 Telangana Today 8182025568155724037.html
European stocks rise for fourth day on healthcare bounce

FRANKFURT, May 29 ― European shares rose for a fourth straight session yesterday, as optimism over businesses returning to work and stimulus for the battered euro zone economy outweighed rising US-China tensions. The pan-European STOXX 600 index rose 1.6 per cent to hit an 11-week high, with...

29 May 00:06 Malaymail 302165935181544955.html
Vodafone Idea share price dips 20% from day's high after co clarifies on stake sale

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

29 May 00:00 Moneycontrol 1603024965273217916.html
Here's the list of outperforming stocks rising most since lockdown

Eight leading promoter-controlled business houses have emerged as the new Corona warriors for the stock market

29 May 00:00 Business-Standard 1502508925337671879.html
Capitec sends out Covid-19 warning

Capitec, one of South Africa’s largest banks, has warned that the impact of the Covid-19 pandemic will dent future earnings.

29 May 00:00 BusinessTech 2153596439253050557.html
Instructions issued for 20-21 grant to MP’s urban bodies

The Tied Grant will be distributed to the cities with a population more than one million on the basis of the performance standard set by the Ministry of Housing and Urban Affairs and the Ministry of Environment, Forest and Climate Change, as recommended by the 15th Finance Commission. The basic

29 May 00:00 The Pioneer 1146783232423845555.html
EUR/JPY falls back to 200-day SMA as Tokyo inflation beats estimates

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

29 May 00:28 FXStreet 4480975640009040921.html
Market-wide rollover remains strong, expect Nifty to move towards 10,000-10,200

Marketwide rollover is seen at 93 percent. Nifty rollover is at 76 percent as compared to 3-month average of 70 percent. Bank Nifty rollover is seen at 81 percent as compared to 3-month average of 71 percent.

29 May 00:00 Moneycontrol 1603024964021514611.html
High Tech's Vital Role In The Fertility Of Agribusiness

The advancements made in just the past decade have completely revamped agribusiness.

29 May 00:00 Forbes 6028587530340352495.html
Debt relief plans for world's poor countries inch forward

Plans for debt relief for the world's poorest countries inched forward as private creditors laid out a blueprint for their involvement, though it...

29 May 00:00 Otago Daily Times Online News 3107042080584120244.html
Frydenberg talks markets to US Treasury secretary

Treasurer Josh Frydenberg has spoken to US Treasury secretary Steven Mnuchin about the rebound in equity markets and the stabilisation of credit markets.

29 May 00:45 Australian Financial Review 3974284486973699993.html
PPE manufacturers complain about lack of clarity on standardisation guidelines

Hula Global, a Noida-based company which is into manufacturing and distribution of personal protection equipment, was counting on the huge windfall opportunity post-COVID-19 outbreak.

29 May 00:00 Moneycontrol 1603024965150303505.html
CBK warns 75pc of small businesses risk collapse

Small traders have had to close under coronavirus lockdown measures.

29 May 00:00 The East African 3857388831001948895.html
$60m funding boost for NZ libraries announced at Turanga

The government chose Christchurch's central library, Turanga, as the venue to announce a $60 million cash injection for NZ libraries on Friday.

29 May 00:00 Otago Daily Times Online News 3107042080597850943.html
Canada GDP in April fell a record 11% as COVID-19 shutters economy

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

29 May 00:00 Moneycontrol 1603024963977858061.html
Jawa returns, this time as a breath of life

In mid-March, it was felt that India would probably require lakhs of ventilators when Covid-19 cases would rise in May. Pre-empting this and the need for ventilators, a team

29 May 00:30 Bangalore Mirror 4632149709111660962.html
Defend your hard-earned savings with Revix’s tokenised gold promotion

Invest in tokenised physical gold without any risk.

29 May 00:00 MyBroadband 3036103787945880553.html
Working groups on economic task force to synergize efforts to revive economy: Conrad

GUWAHATI: Meghalaya Chief Minister, Conrad Sangma on Friday tweeted that the six Working Groups of the Economic Task Force on COVID-19 pandemic would work in tandem to draw up a systematic and synergistic plan to revive the economy of Meghalaya and c

29 May 00:00 The Shillong Times 2998999880425401929.html
Auction tests demand for Queenstown property

Bidders in Queenstown have started testing the water in one of the country's most expensive property markets. This story was first published by RNZ...

29 May 00:00 Otago Daily Times Online News 3107042080108452889.html
How important is Hong Kong to China as a free finance hub?

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

29 May 00:00 Moneycontrol 1603024964861033475.html
Buy Federal Bank; target of Rs 54: Emkay Global Financial

Emkay Global Financial is bullish on Federal Bank has recommended buy rating on the stock with a target price of Rs 54 in its research report dated May 28, 2020.

29 May 00:00 Moneycontrol 1603024964592382744.html
Twilio Shares Surge 98% YTD As Emerging Use Cases Drive Increased Demand

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

29 May 00:00 Forbes 6028587530845520848.html
Vodafone Idea not considering any proposal from Google

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

29 May 00:00 Moneycontrol 1603024964936570175.html
Music Venues Across the Country Can Reopen, But Is It Worth It?

While restrictions on music venues are starting to ease, not all will be able to handle the logistics mandated under new guidelines.

29 May 00:00 Billboard 3719329425766514393.html
Exclusive: Russia's Rosneft finds extended oil cuts painful - sources

Exclusive: Russia's Rosneft finds extended oil cuts painful - sources

29 May 00:00 Investing.com 5710361976336972537.html
Wipro's new CEO Thierry Delaporte has an impressive CV but challenges galore: Experts

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

29 May 00:00 Moneycontrol 1603024963631016671.html
Harvard Medical Students Partner With Crowdsolving Platform Groopit To Launch Yelp-Like Covid-19 Testing Review Platform

First-year med students Dylan Cahill and J.C. Panagides were intent on giving people first-hand insight into testing sites across the country.

29 May 00:00 Forbes 6028587532297748107.html
Government announces furlough scheme changes – what you need to know

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

29 May 00:00 MoneySavingExpert.com 6484313544654051837.html
Middle East rich most cautious after oil plunge, COVID-19 crisis: Barclays

Haider said risk sentiment was also down in Russia, another oil-rich economy, while appetite was subdued in India.

29 May 00:00 Moneycontrol 1603024964927788728.html
Ending lockdown

"The economy went dead. It has to be revived."     On Monday, June 1, 2020, most Filipinos will enjoy the benefits of relative freedom. June 1 is the first day after Asia’s strictest and the world’s longest lockdown ends, on May 31.

29 May 00:10 manilastandard.net 4715274785500162272.html
What Two Things Make Flyers Feel Safest Regarding COVID-19? See J.D. Power 2020 Airline Study

The industry will need to focus on restoring confidence, while continuing to improve on the operational side.

29 May 00:00 Forbes 6028587531040881276.html
The pandemic has tightened Putin's economic grip but spells trouble for the future

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

29 May 00:12 The Age 7967730562638753540.html
Dell Hit By Coronavirus But Wins Millions In Govt Deals

SYDNEY: In its third year in a row, Dell Australia has posted a drop in profits. This year the company posted an after-tax profit of just over AU$31 million for the financial period ended January 31, 2020, slightly down from the $33.6 million recorded in 2019.

29 May 00:00 channelnews 7653493205161719843.html
Stick or twist? Investors face coronavirus-induced property dilemma

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

29 May 00:00 Moneycontrol 1603024965131782534.html
The pandemic has tightened Putin's economic grip but spells trouble for the future

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

29 May 00:12 WAtoday 6806590900104015620.html
Covid-19 crisis and India’s next government

The Covid crisis has politicised a new crop of leaders who are young, smart, and committed to the country

29 May 00:52 The Financial Express 1288289581094742615.html
US layoffs climb to 41 million despite businesses reopening

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

29 May 00:00 Jamaica Observer 5357348614362177381.html
Tourists could begin to return to Hawaii by late summer, economic report says | Honolulu Star-Advertiser

The latest economic projections from the University of Hawaii Economic Research Organization suggest it will take at least two years for the mainland economy to recover from the coronavirus pandemic, with tourists beginning to return to Hawaii in late July of this year.

29 May 00:36 Star-Advertiser 3439335388408373118.html
Saudi Arabia says it provided $40 billion to PIF from foreign reserves

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

29 May 00:00 Investing.com 5710361975473836785.html
Asokore Mampong housing project completed, named after Otumfuo

The Affordable Housing project at Asokore Mampong in the Ashanti has been completed and named after the Asantehene, Otumfuo Osei Tutu II.

29 May 00:00 GhanaWeb 9132111495337760461.html
Creating Value Through Digital Transformation

Surviving the most challenging economic conditions since the Great Depression, and thriving once the pandemic eases, requires flexible and imaginative thinking and the ability to manage the innovation process.

29 May 00:00 Forbes 6028587530891454665.html
Gold price dips marginally to Rs 46,929, silver gains

The gold/silver ratio currently stands at 96.89 to 1, which means the amount of silver required to buy one ounce of gold.

29 May 00:00 Moneycontrol 1603024965011700708.html
Pharma chiefs say coronavirus vaccine could be ready this year, but challenges 'daunting'

Pharmaceutical company executives say one or several COVID-19 vaccines could begin rolling out before 2021, but warned the challenges would be 'daunting' as it was estimated that 15 billion doses would be needed to halt the pandemic.

29 May 00:05 Coronavirus 2422791597368064751.html
Q4 GDP data today: Why does the growth number matter to us?

Theoretically, the lockdown impacted the economy only in the last week of March. But, in reality much of the normal course of business had slowed down days before the nationwide lockdown came into effect. This is because people movement declined significantly much before the lockdown.

29 May 00:00 Moneycontrol 1603024963766404024.html
Exclusive | PE firm ChrysCapital to buy out Capital International's stake in Intas Pharmaceuticals

Capital International wanted to exit the firm because its parent Capital Group is looking to shift focus away from the private equity vertical.

29 May 00:00 Moneycontrol 1603024964256084651.html
Big petrol price increase coming in June – AA

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

29 May 00:00 MyBroadband 3036103787600640960.html
Asia shares fall as US-China tensions douse rally on Wall St

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

29 May 00:00 The Washington Times 8941836442824777022.html
Expect a big jump in the petrol price next week

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

29 May 00:00 BusinessTech 2153596440066609853.html
Stocks - US Futures Lower; Consolidating Ahead of Trump Speech

Stocks - US Futures Lower; Consolidating Ahead of Trump Speech

29 May 00:00 Investing.com 5710361975331633700.html
Three Ways Technology Can Help Save Retailers

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

29 May 00:00 Forbes 6028587531594747121.html
UCO Bank reduces repo-based lending rate by 40 bps

State-run UCO Bank on Friday said it has reduced its lending rate linked to the Reserve Bank of India's (RBI) repo rate by 40 basis points.

29 May 00:00 Moneycontrol 1603024963693768388.html
Muthoot Capital Q4 profit falls 40% to Rs 14 crore on auto sector woes

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

29 May 00:00 Moneycontrol 1603024964194991243.html
What Kind Of Innovation Will We Apply To Build Our Post-COVID Food System?

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

29 May 00:00 Forbes 6028587530713167819.html
'Elon Musk Is Not A Lunatic': Revisiting The Dawn Of SpaceX

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

29 May 00:00 Forbes 6028587531217060088.html
Midwest Hyperloop Route Could Lead To $300 Billion In Economic Benefits

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

29 May 00:00 Forbes 6028587531395332010.html
S&P 500 up in choppy action after Trump comments on China

S&P 500 up in choppy action after Trump comments on China

29 May 00:00 Investing.com 5710361975302232211.html
We thought too big, Renault says as it axes 15,000 jobs in cost-cutting reboot

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

29 May 00:00 Investing.com 5710361974738730182.html
French carmaker Renault to cut 15,000 jobs worldwide

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

29 May 00:00 The Washington Times 8941836442755062329.html
First Solar Stock Set To Surge To Pre-Covid Peak Of $57?

Comparing the trend in First Solar stockover recent months with its performance during and after the Great Recession of 2008, we believe that the stock can potentially gain around 20% once fears surrounding the coronavirus outbreak subside, to touch pre-crisis highs of around $57...

29 May 00:00 Forbes 6028587531670239312.html
Post-Pandemic Music Industry Predictions: The Consolidation Of Power

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

29 May 00:00 Forbes 6028587530989500516.html
Pandemic's hit to Japan's factory, retail sectors deeper than expected

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

29 May 00:26 Financial Post 2379081492469320513.html
With 'Main Street' in view, Fed weighs risks of job, productivity shocks

With 'Main Street' in view, Fed weighs risks of job, productivity shocks

29 May 00:00 Investing.com 5710361976264321318.html
US major airlines roll out more options to avoid staff layoffs

The top three U.S. airlines, hit hard by the coronavirus pandemic, are rolling out fresh programs to induce tens of thousands of employees to ...

29 May 00:33 CNA 5644198862626935829.html
Telangana focused on holistic women empowerment: Jayesh Ranjan

 Women’s empowerment needs a full-360 degree approach that starts from school and guides them through their work life.

29 May 00:00 Telangana Today 8182025567823958780.html
RBI imposes Rs 4 crore penalty on Citibank

In a release, RBI said the penalty has been imposed on Citibank NA for contravention of certain sections of the Banking Regulation Act and for non-compliance with directions.

29 May 00:00 Moneycontrol 1603024964563221500.html
Building Water System Challenges Following COVID-19 Closures

The WQP team has been working remotely in response to the coronavirus, also known as COVID-19, since mid-March, and our office building has been

29 May 00:00 Water Quality Products 3944147856167724633.html
COVID-19 pandemic: US consumer spending tumble in April

The Commerce Department said on Friday consumer spending, which accounts for more than two-thirds of U.S. economic activity, plunged 13.6 percent last month.

29 May 00:00 Moneycontrol 1603024964495244188.html
What Could Go Wrong: FinTech Vs. Healthcare Covid-19 Crisis Innovation Series

The COVID-19 crisis presents an opportunity for the healthcare industry to catapult forward, make fundamental changes, and adopt new innovation. But will they take advantage of this opportunity, or will the need to keep the status quo get in the way?

29 May 00:00 Forbes 6028587532018885692.html
Japan backs nearly a third of $6.6 billion loans to Nissan: sources

Japan backs nearly a third of $6.6 billion loans to Nissan: sources

29 May 00:00 Investing.com 5710361976263235145.html
'In battle between actual and perceived risk, gold to remain directionless'

A substantial correction in gold will only be seen when investors chose to exit the metal.

29 May 00:00 Moneycontrol 1603024963983440247.html
FIIs pare stake in 90% Nifty companies in Q4; trend may continue in coming quarter

The trend may remain unabated in the coming quarters too if the current situation does not change even as there are some positives that are comforting, said experts.

29 May 00:00 Moneycontrol 1603024963538968046.html
Dollar in narrow range as focus shifts to Trump's China response

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

29 May 00:00 Investing.com 5710361975317410912.html
RIL Rights Entitlement shares ends at 7% premium over intrinsic value on May 29

The intrinsic value is the difference between Reliance Industries share price (Rs 1,460) and rights issue price (Rs 1,257).

29 May 00:00 Moneycontrol 1603024964607709284.html
Dow Jones Futures: Trump China News May Not Break Coronavirus Stock Market Rally; Renault, Twitter In Focus

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

29 May 00:00 Forbes 6028587530858745108.html
Bank of Canada to hold rates at 0.25% through end of next year: Reuters poll

Bank of Canada to hold rates at 0.25% through end of next year: Reuters poll

29 May 00:00 Investing.com 5710361974683785604.html
Metropolis Healthcare Q4 net profit declines 56% to Rs 15.49 crore

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

29 May 00:00 Moneycontrol 1603024964687918827.html
NZTA negotiating on new cost of Transmission Gully – paying advance of $14m

News from NZTA Waka Kotahi the NZ Transport Agency is making an advance payment to the builder of the Transmission Gully project to reflect the costs of the Covid-19 work shutdown.

29 May 00:00 SCOOP 847363053550174840.html
Rice sowing not progressed much after April 10: Agriculture Ministry data

It may be noted that sowing of rice and other kharif crops is being undertaken amid the COVID-19 lockdown. Although farm activities are exempted from lockdown rules, the reasons are not known yet for slow area coverage under rice.

29 May 00:00 Moneycontrol 1603024963349267265.html
PCR and CRF partner to deliver practical education in virtual format

PCR and CRF are pleased to announce the creation of virtual Partners in Learning sessions that will be broadcast during the PCR e-Course (June 25-27, 2020) and CRF’s TVT Connect meeting (June 18-28, 2020).

29 May 00:13 News-Medical.net 4522523030704569195.html
Explainer: How important is Hong Kong to China as a free finance hub?

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

29 May 00:00 Investing.com 5710361976153450662.html
UK challenger bank Starling Bank raises €44.3 million to support small businesses

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

29 May 00:00 EU-Startups 1488873444567197574.html
GST Council to meet next month; FinMin not for raising rates on non-essential items

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

29 May 00:00 Moneycontrol 1603024963493737910.html
French carmaker Renault announces 15,000 job cuts worldwide

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

29 May 00:00 The Pioneer 1146783232630092176.html
Lufthansa adds long-haul routes from Frankfurt and Munich

Newly announced destinations include Frankfurt to Cairo, Beijing, Shanghai and San Jose, and Munich to San Francisco, Delhi…

29 May 00:00 Business Traveller 900610880993417908.html
Will Hotels Win Back Customers By Cleaning Up Their Act (Literally)?

Hotels have seen their business slowed to a near stop and now they are working to stress cleanliness in a bid to get consumers checking in again.

29 May 00:21 PYMNTS.com 7357138825128448276.html
Trump Action Aside, China Crop-Buying Goal Is Becoming Untenable

Trump Action Aside, China Crop-Buying Goal Is Becoming Untenable

29 May 00:00 Investing.com 5710361976466376122.html
SDF Invests $550K In SatoshiPay For B2B X-Border Solution

The Stellar Development Foundation has invested $550,000 in SatoshiPay's development of a B2B cross-border payments solution and its digital wallets.

29 May 00:31 PYMNTS.com 7357138824986138292.html
Next Steps in Regulating PFAS

In the U.S. EPA’s National PFAS (per- and polyfluoroalkyl substances) Action Plan, published February 2019, the agency identified the water

29 May 00:00 Water Quality Products 3944147856821076142.html
Google could pick up stake in Vodafone Idea

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

29 May 00:56 The Asian Age 2126266544114886149.html
Fed's Mester says it's hard to imagine quick V-shaped recovery

Fed's Mester says it's hard to imagine quick V-shaped recovery

29 May 00:00 Investing.com 5710361975417775229.html
How The US Can Learn About Successful Innovation Strategies From Israel, The Startup Nation

How The US Can Learn About Successful Innovation Strategies From Israel, The Startup Nation.

29 May 00:00 Forbes 6028587530582882406.html
No coverage for businesses impacted by COVID-19, says IAJ

Insurance Association of Jamaica (IAJ) President Vernon James says whil...

29 May 00:00 Jamaica Observer 5357348615686153851.html
In Poland, key automotive industry has been hit most by crisis

Poland has a traditionally developed automotive sector, which normally is a driving force for the country’s industry and exports. This spring, however, passenger car production has dropped by 99% on an annual basis in Poland, according to the Polish Central Statistical Office, DW reports.

29 May 00:00 BNN - Baltic News Network 1847219822270856539.html
Buy Coal India; target of Rs 264: ICICI Securities

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

29 May 00:00 Moneycontrol 1603024963360734300.html
Why Goldman Sachs Is Running Downmarket To Embrace RIAs With Recent Acquisitions

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

29 May 00:00 Forbes 6028587531589716958.html
Morgan Stanley not given advisory role on Aramco pipeline sale: Sources

The U.S. investment bank, which has previously advised the world's largest oil company, was originally looking to be part of the advisory group on any deal, the sources added.

29 May 00:00 Moneycontrol 1603024964297627877.html
Softbank-Bharti JV in talks for $500-$750 million fundraise: Report

Potential investors such as infra-focused private equity funds, sovereign wealth funds, global utilities and pension funds will be formally approached in the next weeks

29 May 00:00 Moneycontrol 1603024964948204005.html
Silver rises on improved industrial demand outlook, rise in US-China tensions

In the futures market, silver for July delivery touched an intraday high of Rs 48,868 and a low of Rs 48,452 per kg on the MCX.

29 May 00:00 Moneycontrol 1603024965026162659.html
Chinese companies in India dither to join country’s fight against Coronavirus; Make negligible contributions for the sake of optics

The major Chinese companies including Xiaomi, Vivo, Oppo, Huawei, Oneplus whose annual revenue is approximately INR 60710 crore, have just contributed INR 24 crore (0.04%) for India’s fight against coronavirus pandemic.

29 May 00:00 www.organiser.org 9159923258499746850.html
Affordable electricity is a right

In Telangana, free power has played an important role in mitigating farmer suicides and also contributed to State’s food security.

29 May 00:00 Telangana Today 8182025566454613477.html
'It is still too early to say that it is the end of the SIP trend'

SIP flows have reduced for just about a month or two, during the last two months of the lockdown, but we cannot ignore that there have been genuine challenges on mobility.

29 May 00:00 Moneycontrol 1603024964446176725.html
Bitcoin PoS Is the New Coin to Revolutionize the Crypto World

Investing in Bitcoin (BTC) is now expensive, and getting your own through mining is nearly impossible for the average person. However, a new opportunity can be found in Bitcoin PoS. BitcoinPoS: The Best of Bitcoin and PoS Bitcoin Proof of Stake (BTP) was created by a team of developers that…

29 May 00:00 BTC Wires 8723770619248121202.html
Sagar Cements Q4 profit down 94% to Rs 1.18 crore

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

29 May 00:00 Moneycontrol 1603024964583721169.html
'Make Europe Great Again' recovery fund to reverse euro's fortunes: BofA

'Make Europe Great Again' recovery fund to reverse euro's fortunes: BofA

29 May 00:00 Investing.com 5710361974696456041.html
Recent Hiring Data Shows Gaming And Esports Companies Not Immune To Economic Woes

Consumers are turning to gaming and esports companies for entertainment during difficult times. So how are these companies faring during the pandemic?

29 May 00:00 Forbes 6028587530465521466.html
Mahangu to yield surplus

LOCAL mahangu production is expected to yield a surplus of 23 metric tonnes this year while white maize will fall short of meeting local demand for the next six months (including May), by 5 961

29 May 00:00 The Namibian 8837880577765757589.html
Got Cryptocurrency? Get Ready For An IRS Audit

The IRS is hiring cryptocurrency experts to assist in virtual currency audits, a clear signal those audits will be on the rise.

29 May 00:00 Forbes 6028587530694344444.html
March quarter GDP growth to show drastic fall; brace for worse in Q1FY21 print

A note by ICICI Bank stated the country's March quarter GDP growth may come to 1.5 percent year-on-year (YoY).

29 May 00:00 Moneycontrol 1603024964984493095.html
Restarting The American Economy: The Most Essential Factors

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

29 May 00:00 Forbes 6028587530401218518.html
108 jobs on line in Tower proposal

Tower says it will aim to cut costs by $7.2 million per year which includes a proposal for 108 redundancies. The NZX-listed insurer announced the...

29 May 00:00 Otago Daily Times Online News 3107042080208028293.html
Do not shift shops: vegetable traders

Over 120 traders operate at the VOC market and the Salem Corporation has proposed renovation of the place under the Smart Cities Mission.

29 May 21:49 The Hindu 6679535025799184303.html
Statistics Canada says first-quarter GDP worst showing since 2009

OTTAWA - Canada's economy had its worst quarterly showing since 2009 through the first three months of 2020 owing to COVID-19, Statistics Canada said Friday

29 May 21:12 iNFOnews.ca 6669504244794321610.html
Students decry tuition hikes as COVID-19 pandemic increases financial strain

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

29 May 21:22 iNFOnews.ca 6669504245999289315.html
Elon Musk vs. Bay Area officials: These emails show what happened behind the scenes in the Tesla factory fight

Emails detail what took place as Musk took public his fight with Bay Area officials and threatened first to reopen the factory without permission and then to...

29 May 21:00 MarketWatch 8975941548259880064.html
Charter Communications' EBITDA Margin Should Continue To Expand In 2020

Charter Communications is the second largest cable operator in the United States. The company should be able to continue to grow its cable Internet business tha

29 May 21:17 Seeking Alpha 5725634556387467144.html
Covid-19 lockdowns stimulate condom demand

Worldwide annual production of condoms is said to be approximately 25 billion. The world's largest manufacturer is Karex Berhad, which was founded in Malaysia in 1988. The condoms it produces are marketed under a variety of brand names in dozens of countries. Due to the Covid-19 pandemic, Karex temporarily halted…

29 May 21:24 Japan Today 8582716285908427430.html
OPEC delivers three quarters of record oil cut in May: survey

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

29 May 21:35 CNA 5644198863224637226.html
Puregold’s profit climbed 16.8% to P1.76b in Q1

Supermarket chain operator Puregold Price Club Inc. said Friday consolidated net income increased by 16.8 percent in the first quarter to P1.76 billion from P1.51 billion in the same period last year as the coronavirus pandemic boosted demand for essential goods.

29 May 21:40 manilastandard.net 4715274785762033583.html
Main Street’s Digital Shift, ATM Innovation, PPP Loans Top This Week’s News

The Weekender has deep dives on Main Street's digital shift, ATM innovation and PPP loans.

29 May 21:32 PYMNTS.com 7357138825831738205.html
Uber launches hourly ride booking option in some US cities

Uber Technologies Inc on Friday said it would offer rides by the hour in some U.S. cities, a feature aimed at helping Americans with essential ...

29 May 21:10 CNA 5644198862890484585.html
French mortality rate in May below previous years despite epidemic

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

29 May 21:29 CNA 5644198862827973177.html
Tesla Ready For Import/Export, Taking The BEV Beyond Transport

Report that Tesla has (almost) implemented the ability for two-way electricity flows in their BEVs with hardware already largely implemented in the Model 3. Tes

29 May 21:21 Seeking Alpha 5725634556806733209.html
Jan-March expansion at 40 quarter low of 3.1%, 2019-20 GDP growth at 11-year low of 4.2%

India Business News: The country’s economic growth in the January-March quarter of 2019-20 expanded at its slowest pace in 40 quarters at 3.1%, dragged down by the manufac

29 May 21:00 The Times of India 6060938663797574140.html
Forbes drops Kylie Jenner from billionaires list

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

29 May 21:03 Vanguard News 4125100339084925661.html
Garrett Motion: Significant Upside Potential But Fragile Financial Situation

Garrett Motion has a solid business with a dominant share of the market. However, the company is in a fragile financial situation with large maturities in 2025

29 May 21:40 Seeking Alpha 5725634556496245239.html
New Zealand Cricket set to cut jobs amid coronavirus pandemic

New Zealand Cricket looks set to cut it's workforce by 10-15 percent as it forecasts significant cuts to revenue due to the coronavirus pandemic.

29 May 21:43 Sport 682566035373598981.html
Most actively traded companies on the TSX

TORONTO — Some of the most active companies traded Friday on the Toronto Stock Exchange: Toronto Stock Exchange (15,192.83, down 69.90 points.) Bombardier Inc. (TSX:BBD.B). Industrials. Down 3.5 cents, or 7.29 per cent, to 44.

29 May 21:32 KitchenerToday.com 52741010554112664.html
No decision taken on setting up bad bank: Finance Minister official

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

29 May 21:05 Deccan Herald 2027555797028310212.html
States might turn to legalized gambling with budgets rocked by coronavirus

The coronavirus pandemic could lead to a quicker expansion of sports betting and internet gambling in the US as states deal with huge budget deficits and look for new tax revenue wherever they can

29 May 21:21 New York Post 7654946767933528695.html
Students upset as some Canadian universities hike tuition fees

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

29 May 21:40 CTVNews 2422791598294871199.html
The Globe’s stars and dogs for the week

A humorous look at the companies that caught our eye, for better or worse, this week

29 May 21:31 The Globe and Mail 68426411733523274.html
Ethereum Posts Breakout Rally as Analysts Set Upside Targets at $290

Ethereum could be positioned to see even further gains in the near-term, as this latest movement has provided its market structure with a serious boost.

29 May 21:00 NewsBTC 7232133510288196974.html
Srikakulam: Temples witness big dip in offerings amid lockdown

Covid-19 has its impact even on God as most of the noted temples lost their sheen in the wake of lockdown imposed for the last 70 days.

29 May 21:17 The Hans India 817019415075961801.html
Impact of Coronavirus (COVID-19) Lockdown Economy Needs Support From PSBs, Says Union Bank Chief

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

29 May 21:59 ISSCNC 6824315491455299513.html
Carrefour CEO Says Omnichannel Approach Helped With Front-Line Efforts

“Our group has become an essential actor for food — a public service,” said ceo Alexandre Bompard.

29 May 21:23 WWD 5490910669403386131.html
Billionaire Premji Hires Wipro CEO From His Rival Capgemini Thierry Delaporte New CEO

Thierry Delaporte will take over effective July 6, replacing Abidali Z Neemuchwala. Wipro named Thierry Delaporte chief executive officer, recruiting … Billionaire Premji Hires Wipro CEO From His Rival Capgemini Thierry Delaporte New CEO Read More »

29 May 21:00 ISSCNC 6824315490122442738.html
Stock Market Wrap-Up: Yes, This Retail Stock Really Did Hit a Record High Friday

The overall market was mixed to finish the week, but even a hard-hit industry had a big winner.

29 May 21:31 The Motley Fool 2231313658923426391.html
Shaw seeks exemption from having to provide new one gigabit internet service to wholesalers

Shaw argues that its phone-company competitors are not subject to the same requirements as cable companies, which creates 'regulatory asymmetry’

29 May 21:52 The Globe and Mail 68426411662877745.html
Agriculture's contribution to Nigeria's economy in Q1 'highest in two years' - NBS

The contribution of Nigeria’s agricultural sector to the Gross Domestic Product (GDP) in the first quarter of 2020 was the sector's highest first-quarter

29 May 21:20 Premium Times Nigeria 5456729300605007740.html
Anantapur: Minister M Sankara Narayana says government resolved to strengthen MSMEs

BC Welfare Minister M Sankara Narayana stated that the state government is planning to further strengthen the Micro, Small and Medium Enterprises(MSME) by releasing all the backlog due payments to...

29 May 21:08 The Hans India 817019413836137439.html
OPEC delivers three quarters of record oil cut in May: Survey

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

29 May 21:35 CNA 5644198863599590956.html
Germany Reaches EU Deal on $9.9 Billion Lufthansa Bailout

The German government worked out its differences with the European Commission over a 9 billion-euro ($9.9 billion) bailout of Deutsche Lufthansa AG, clearing the way for the rescue of Europe’s biggest airline to move forward.

29 May 21:11 Bloomberg.com 4032480121783266548.html
The Markets End The Week In An Uptrend (Technically Speaking For 5/25-5/29)

The leading indicators points toward a continued contraction. The coincidental data shows the sharpest contraction in the last 100 years. The overall trends rem

29 May 21:11 Seeking Alpha 5725634556883966311.html
Japan revises law to make more part-timers join pension program

Japan revised a law Friday to make more part-time, and other nonregular workers join the employee pension program as well as allow eligible recipients to choose to start receiving benefits from the age of 75. Currently, part-time workers join the program only when they work 20 hours or more a…

29 May 21:32 Japan Today 8582716286533238445.html
Saudi Arabia moved US$40 billion in reserves to sovereign fund

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

29 May 21:47 BNN 3833521689627673867.html
Council-run markets to start selling more goods including plants and cakes

More stalls will be joining food traders on markets in west Suffolk from next week.

29 May 21:26 East Anglian Daily Times 681138150752429830.html
WHO, 37 countries launch alliance to share tools to battle COVID-19

Thirty-seven countries and the World Health Organization (WHO) appealed on Friday for common ownership of vaccines, medicines and diagnostic tools to tackle the global coronavirus pandemic, taking aim at patent laws they fear could become a barrier to sharing crucial supplies. While the push by mostly developing nations, called the…

29 May 21:00 Japan Today 8582716286457725685.html
Coronavirus impact: Govt needs to act before COVID-19 slaughters the Rs 1 lakh crore Indian poultry industry

Poultry industry supports over 25 million farmers and employs over five million directly and indirectly in allied fields

29 May 05:24 Business Today 1145527430944449471.html
India’s key growth engine grinds to halt in sign of slump

India Business News: From call centers to hotels to airlines, India’s key services industries have come to a standstill during the coronavirus outbreak, dragging the econo

29 May 05:32 The Times of India 6060938663133885581.html
Forex Today: Dollar dives, decoupling from stumbling stocks ahead of Trump's Chinese announcement

Here is what you need to know on Friday, May 29: The US dollar remains on the back foot, with EUR/USD topping 1.11, despite a worsening market mood re

29 May 05:30 FXStreet 4480975639619346279.html
Dell beats revenue estimates as remote working lifts workstation demand

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

29 May 05:11 CNA 5644198863842963405.html
Jobs promise as Marston’s joins forces with Carlsberg

Jobs are likely to come to the West Midlands as it becomes the headquarters of a major new UK brewing operation.

29 May 05:01 Express & Star 7324224459134281696.html
China's post-Covid 19 'techno-nationalist' industrial policy

While Covid-19 brings China one step closer to technology-perfected authoritarianism through improvised health apps and real-time surveillance, Europe is busy looking inward.

29 May 05:10 EUobserver 625925299392394143.html
Virtual marketplace helps firms sell wares online

Businesses adapting to lockdown can now sell their products directly to customers online through a virtual marketplace.

29 May 05:00 Shropshire Star 3480199992753723148.html
Lupin Q4 results: Net profit rises 35% to Rs 390 crore

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

29 May 05:57 The Economic Times 7653256036844409520.html
Seplat targets more acquisitions as shareholders get $59m dividends

Seplat Petroleum Development Company Plc remains a resilient business with strong balance sheet to acquire more oil and gas assets and ensure sustainable...

29 May 05:59 Latest Nigeria News, Nigerian Newspapers, Politics 2658445900555741483.html
Rupee rises 11 paise to 75.65 against US dollar in early trade

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

29 May 05:44 The Indian Express 2885715105111403138.html
With 'Main Street' in view, Fed weighs risks of job, productivity shocks

WASHINGTON (Reuters) - U.S. Federal Reserve officials have talked broadly about helping households and firms through the current economic crisis and quickly unleashed trillions of dollars in cash and credit guarantees to build a “bridge” to the post-pandemic world.

29 May 05:06 Reuters 8334514180592306397.html
UPS adds 'peak' surcharge amid coronavirus-fueled delivery spike

United Parcel Service Inc on May 31 will slap surcharges on U.S. e-commerce companies that have flooded its delivery network with shipments of ...

29 May 05:40 CNA 5644198863269458373.html
Euro Outshines Pound Sterling and Dollar as Investors Cheer EU Progress on Coronabonds

A fundamental shift in sentiment for the better towards the European Union has been reflected in a steady demand for euros over the course of the past two days, ensuring the single currency's outlook against peers such as the British Pound and U.S. Dollar has improved markedly

29 May 05:59 The Pound Sterling Live 6614579508641342183.html
LATAM's bankruptcy filing to delay its Brazil bailout to at least July: sources

LATAM Airlines Group's U.S. bankruptcy filing this week will delay its potential bailout in Brazil to at least July and also push back aid to its ...

29 May 05:11 CNA 5644198862263207518.html
Indian IT eyes captives as global companies rejig operations

Global companies look to outsource work to large services firms to offset demand slowdown.

29 May 05:49 The Economic Times 7653256036774080523.html
Viewpoint: Making additive manufacturers smarter via the digital twin

In the last decade, an exciting dynamic is propelling manufacturing towards 3D printing, or additive manufacturing (AM), writes Bill Davis of Siemens Digital Industries Software, discussing the digital twin.

29 May 05:30 Electronics Weekly.com 6636672081153655375.html
The wealthy will be on governments' radars in COVID-19 response

Taxes will be an obvious route for governments, and so will appropriation, says Citi

29 May 05:31 Gulf News 2086521545345756627.html
Work from home set to become new norm for BPO sector

WESTERN BUREAU: Some of the leading developers of space in western Jamaica are now taking a wait-and-see attitude towards the COVID-19 sparked work-from-home (WFH) arrangement, which some outsourcing firms are expressing an interest in expanding....

29 May 05:21 The Gleaner 1215260530246866241.html
Rain Industries surges 17% on healthy operational performance in March qtr

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

29 May 05:07 Business-Standard 1502508926153292900.html
Rupee rises 7 paise against the US dollar; all eyes on GDP data

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

29 May 05:26 The Economic Times 7653256036476149663.html
Nissan falls behind rivals in industry's critical transitional period

Nissan Motor Co.'s business downturn may be causing a costly delay in the global race toward new mobility technologies, analysts say.

29 May 05:48 The Japan Times 6673764367436547863.html
Dell beats revenue estimates as remote working lifts workstation demand

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

29 May 05:11 CNA 5644198863962848084.html
UK business confidence matches 2008 low in May - Lloyds Bank

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

29 May 05:52 Financial Post 2379081491937329709.html
New heat seam machine for sealing PPEs launched

At a time when the country was battling the spread the coronavirus pandemic, which has affected the economy, three garment firms in Tiruppur along with an engineering industry have come up with a new heat seam sealing machine used for sealing PPE units under Prime Minister Narendra Modi's Atma Nirbhar scheme. Continue Reading →

29 May 05:31 News Today 4115950002901872006.html
European coffee giant brews a strong IPO

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

29 May 05:53 Gulf News 2086521544181435112.html
The Topsy-Turvy S&P 500 Earnings Picture

I am hard-pressed to see how S&P 500 earnings in this frustrating pandemic will only fall to $125 in calendar 2020. The once hoped-for V-shaped recovery has giv

29 May 05:59 Seeking Alpha 5725634556801083578.html
How our very richest tripled their fortunes in a decade

Two macro themes have helped to deliver an extraordinary jump in the fortunes of our richest Australians.  

29 May 05:44 Australian Financial Review 3974284486546759398.html
India Q4 GDP data to be out today: Brokerages expect growth to reflect COVID-19 pain

Lockdown that began in last seven days of March is expected to have taken a toll on economic growth; economy is likely to have entered a recessionary phase with some agencies even estimating a contraction of over 5 per cent in FY21

29 May 05:02 Business Today 1145527431870800492.html
Reveal Group is First and Only Partner to Achieve Blue Prism "Double Platinum" Capability Certification

Company Sets New Standard for Intelligent Automation Delivery CapabilitiesNEW YORK & SYDNEY — Reveal Group, a global leader in Robotic Process Automation (RPA) and Intelligent Automation deployments, today announced that it has been recognized by Blue Prism (AIM: PRSM) as the first and only certified Double Platinum Capability and Delivery Provider in the world.

29 May 05:11 Financial Post 2379081492553382058.html
Singapore to establish AI framework for 'fairness' credit scoring metrics | ZDNet

Monetary Authority of Singapore tasks two teams, comprising banks and artificial intelligence industry players, to develop metrics that ensure the "responsible use of AI" for credit risk scoring and customer marketing.

29 May 05:46 ZDNet 591556592162654454.html
Stocks slip as markets await Trump’s HK response

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

29 May 05:20 The Indian Express 2885715104038190428.html
Token distribution for free essentials at ration shops starts in TN

The Tamilnadu government, which has decided to distribute essentials free of cost to family card holders for the month of June too in view of the ongoing Covid-19 induced lockdown, started distributing tokens at doorstep of consumers from today. This will go on till 31 May. Continue Reading →

29 May 05:21 News Today 4115950002332669835.html
Wall Street has billions to lose in China from rising strain

Five big US banks had a combined $70.8 billion of exposure to China in 2019.

29 May 05:09 Moneyweb 1092550947288317993.html
Sales soar in the sunshine as beer lovers drink at home

Beer sales are soaring as people enjoy the summer lockdown in their gardens.

29 May 05:00 Shropshire Star 3480199992520716217.html
ViacomCBS slashes up to 400 jobs as part of merger restructuring: source

ViacomCBS Inc is cutting up to 400 employees across CBS as part of its plan to save US$750 million from its merger with CBS, a source familiar ...

29 May 05:20 CNA 5644198863627556437.html
US stocks end lower as China tensions end three-day Dow streak

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

29 May 05:39 CNA 5644198863187169781.html
S&P: Indian economy will shrink by 5% in FY21 due to coronavirus crisis

In its latest report, S&P Global Ratings predicted India’s economy to contract 5% in the current fiscal year (FY2021), as the coronavirus pandemic con

29 May 05:29 FXStreet 4480975638307427644.html
Origin turns to gaming to fend off disruption

Origin Energy has teamed up with a computer game platform to offer customers rewards, one of several innovation strategies to keep ahead of a rapidly changing market.

29 May 05:35 Australian Financial Review 3974284488244149602.html
Fears for several fashion stores after PAS Group enters voluntary administration

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

29 May 05:03 myGC.com.au 214966661505146520.html
Carmageddon awaits unless work from home continues

With social distancing likely to be the norm over the next two years, the notion of sardine-packing residents into trains, buses and trams is obviously no longer viable if Australia is to contain outbreaks of COVID-19.

29 May 05:00 MacroBusiness 6890797929883751112.html
Australian Small Business and Family Enterprise Ombudsman Kate Carnell answers your questions

Small businesses are hurting, but stepping up to play their part in the nations post-COVID recovery. Australian Small Business and Family Enterprise Ombudsman Kate Carnell was online today to answer readers questions.  

29 May 05:39 The Daily Telegraph 1055835840916679377.html
What's the cost of Covid lockdown? Today’s GDP data will give an idea

To be sure, Indias growth was already at a six-year-low during the pre-lockdown period.

29 May 05:33 The Economic Times 7653256037626196390.html
Almost half a million Australians will have their robodebts refunded

The federal government will refund $721 million recouped from 470,000 people through the controversial “robodebt” scheme. Under the contentious “robodebt” program, welfare r…

29 May 05:59 3AW693 News Talk 7618006914736840677.html
Trip.com Group Ltd (TCOM) CEO Jane Sun on Q1 2020 Results - Earnings Call Transcript

Trip.com Group Ltd (NASDAQ:TCOM) Q1 2020 Earnings Conference Call May 28, 2020, 20:00 ET Company Participants Michelle Qi - Senior IR Director James Liang - Co-

29 May 05:49 Seeking Alpha 5725634556689738387.html
Kia Motors to invest additional $54 million in Andhra plant despite COVID-19 pandemic

Kia had earlier said the company has a long-term commitment to the Indian market and invested USD 1.1 billion in the manufacturing plant at Anantapur

29 May 05:40 Business Today 1145527432023864441.html
In Senegal, the struggles of a small airline during coronavirus

Launching an airline in Africa is a notorious challenge in a continent and sector where opportunities are often crimped by regulations and national champions are dominant.

29 May 05:20 Digital Journal 4566489172686078715.html
Wipro appoints Thierry Delaporte as new CEO and MD

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

29 May 05:34 The Hindu 6679535025833020055.html
U.S. Stock Market Regains Lead As Top Global Performer For 2020

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

29 May 05:54 Seeking Alpha 5725634557734956879.html
Italy's credit agency SACE approves state guarantees for FCA US$7 billion bank loan: source

The board of Italy's export credit agency SACE has approved state guarantees covering 80per cent of a 6.3 billion euro (US$7 billion) bank loan ...

29 May 05:11 CNA 5644198862801183383.html
India's Wipro names new CEO; Thierry Delaporte to take over July 6

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

29 May 05:21 Gulf News 2086521543999459969.html
Q4FY20 GDP estimates out today: What's in store for India's economy

Economists and analysts indicated that the GDP figures released today will only offer an assessment of the early damage caused by Covid-19 outbreak. They also expect a sharp economic decline in upcoming quarters.

29 May 05:20 India Today 4286117813650801898.html
Sales soar in the sunshine as beer lovers drink at home

Beer sales are soaring as people enjoy the summer lockdown in their gardens.

29 May 05:06 Express & Star 7324224460066893753.html
NZD/USD faces a tough barrier around 0.6230 – UOB

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

29 May 05:33 FXStreet 4480975639809958108.html
Bet on agrarian theme as rural economic recovery will stand out: Mukul Kochhar

‘We have had a very good winter harvest this time

29 May 05:42 The Economic Times 7653256037402294698.html
Insurtech Trov Partners With P&C Insurer Seguros Sura Brazil to Bring On-Demand Insurance to Brazil

Trov, a U.S.-based insurtech company, announced earlier this week it has formed a new partnership with Seguros Sura Brazil, a Latin American P&C insurer, to

29 May 16:03 Crowdfund Insider 6834688072757185416.html
A Senator from Arizona emerges as a pharma favorite

Sen. Kyrsten Sinema formed a congressional caucus to raise "awareness of the benefits of personalized medicine" in February. Soon after that, employees of pharmaceutical companies donated $35,000 to her campaign committee.

29 May 16:32 News-Medical.net 4522523030097726487.html
Elon Musk just earned $780 million from Tesla — but there’s a catch

The monstrous compensation package for Tesla CEO Elon Musk is considered the largest of its kind in history, and it's starting to pay out.

29 May 16:29 Hard Fork | The Next Web 3990801510918146259.html
North Sea green-hydrogen project welcomes a new partner

Neptune Energy (London) and DEME Group (Zwijndrecht, Belgiujm) have announced that DEME Offshore is joining the PosHYdon offshore hydrogen pilot as partner

29 May 16:24 Chemical Engineering 9204118374141714179.html
RBI imposes Rs 4 crore penalty on Citibank

India Business News: MUMBAI: The Reserve Bank has imposed a penalty of Rs 4 crore on Citibank for non-compliance with various regulatory norms and directions of the centra.

29 May 16:35 The Times of India 6060938664764718987.html
Tamil Nadu CM to invite 13 prominent tech companies to invest in state

The move is aimed at cashing in on the opportunities arising with companies planning to exit from countries like China and looking to relocate their manufacturing activities to countries like India

29 May 16:53 Business-Standard 1502508925295705574.html
Soros Reportedly Suggests Reviving 18th Century Bond Scheme to Help EU Weather COVID-19 Cost

The billionaire also described the coronavirus as a threat to "the survival of our civilization", which "moves very fast and in unpredictable ways".

29 May 16:01 Sputniknews 967333868771764598.html
Here's Why Zoom Stock Has Been Soaring -- and What to Expect Going Forward

Following a more than doubling of its stock over the last six months, expectations are high going into the videoconferencing company's earnings report next week.

29 May 16:28 The Motley Fool 2231313657223672555.html
Stocks could trade 'drastically lower' on breakdown in trade between China and US, JPMorgan says

JPMorgan has turned cautious on equities after being bullish for months, according to an analyst noted published by Marko Kolanovic on Thursday....

29 May 16:54 Business Insider 3364799147599646855.html
Be careful in dealing with material info disclosure to investors: Sebi warns TCS

The regulator has asked the IT major to provide adequate and timely information.

29 May 16:18 The Economic Times 7653256037365839817.html
New self-employment grant and furlough details: What does it all mean?

Businesses will need to start contributing to furloughed wages and the self-employed can apply for a new grant from August.

29 May 16:17 Express & Star 7324224458924579670.html
Indian entrepreneurs gave this many high paying jobs to America; US-India trade ties can help startups boom

The strengthening of US-India bilateral ties could be a major proponent for startups to flourish and both countries can benefit if more startups are encouraged to work in America.

29 May 16:59 The Financial Express 1288289581592490170.html
Forbes says Kylie Jenner is no longer a billionaire, claims she FORGED tax returns

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

29 May 16:52 LailasNews.com 2090029850703061700.html
Sebi warns TCS over disclosure of material information to investors

Sebi has also asked the company to ensure that disclosures provide adequate, accurate, explicit and timely information to the investors

29 May 16:41 Business-Standard 1502508926467258119.html
Bithera to Launch Cryptocurrency Exchange and Start BHC Staking Program on May 30th, 2020

With the rapid growth of Bitcoin and thousands of other digital currencies, in just over 10 years, cryptocurrency has become a “fever” that attracts many technology engineers and investors worldwide. It only takes one opportunity of owning some virtual currencies such as Bitcoin, ETH, XRP, BNB, etc. for your assets to increase unlimitedly to thousands, even millions of times.

29 May 16:14 BTC Manager 8549607151263353159.html
India's GDP growth dips to 3.1 per cent in January-March 2020; 4.2 per cent for fiscal year 2019-20

According to data by NSO, the GDP had expanded by 5.7 per cent in the corresponding quarter of 2018-19.

29 May 16:37 The New Indian Express 4718288653416740022.html
Resilient Square Stock Will Defeat the Bears

SQ stock is perfectly positioned to capitalize on the emerging trends of the 21st century economy, but bears are still grumbling.

29 May 16:43 InvestorPlace 24614511112745508.html
EU Releases 500 Million Euro Final Loan Tranche To Ukraine

The European Commission has approved the disbursement of the second and final 500 million-euro tranche of its macro-financial assistance to Ukraine.

29 May 16:37 Radio Free Europe / Radio Liberty 5891794162192106891.html
Rajeev Chandrasekhar highlights problems of women entrepreneurs in letter to FM

In the midst of the coronavirus outbreak, Member of Parliament, Rajeev Chandrasekhar has written to Union Finance Minister, Nirmala Sitharaman pointing out the challenges that the Women Entrepreneurs are facing.

29 May 16:16 Oneindia 2023829371450564090.html
Travel outlook uncertain, demand may fall amid Covid-19 crisis: Vistara

Domestic air travel resumed on Monday after a span of two months and a majority of passengers in the first four days were those, who were left stranded in different parts of the country.

29 May 16:35 Business-Standard 1502508925169497916.html
Alfa Romeo to cover finance payments on new cars if you lose job due to coronavirus

The car manufacturer has become the first in the UK to cover finance payments for owners of new vehicles for up to seven months at no cost to the driver if they lose their job due to Covid-19

29 May 16:45 mirror 675785259917038448.html
USD/CAD: CAD’s best days are behind it – TDS

The Canadian dollar has pulled its US counterpart to 2, ½ month lows at 1.3710, the FX Analysts’ team at TD Securities, however, are sceptical about f

29 May 16:20 FXStreet 4480975639484281878.html
South West Food Hub launches to help those feeding the nation

The initiative is supported by local organisations including the Heart of the South West LEP, the University of Exeter, Exeter City Futures, POM Support and the National Farmers' Union (NFU)

29 May 16:10 DevonLive 2469244512975711433.html
India had started to see green shoots before coronavirus hit us: FM Nirmala Sitharaman

Indian economy grew at 3.1% in the last quarter of FY 2019-20.

29 May 16:32 DNA India 7533428661184986592.html
CIL’s coal allocation under e-auction for non-power sector up 3-folds in April

Coal India Ltd (CIL) had allocated 1.20 MT of dry fuel to the sector under the scheme in April 2019, as per latest government data.

29 May 16:00 The Financial Express 1288289580250248714.html
EUR/USD seen at 1.05 on a 3-month view – Rabobank

The euro rally o=bserved over the last two weeks has been fuelled by the coronavirus stimulus proposal says the FX analysts’ team at Rabobank, who see

29 May 16:39 FXStreet 4480975638859200407.html
Chancellor extends coronavirus support for self-employed but for the final time

Rishi Sunak confirmed the scheme would not be coming to an end and that the self employed would be able to claim a grant for the second and final time

29 May 16:09 mirror 675785259793435323.html
RCF Q4 results: Profit jumps nearly 3-fold at Rs 142 crore

Its net profit stood at Rs 47.16 crore in the year-ago period, the company said in a regulatory filing.

29 May 16:25 The Economic Times 7653256036939893691.html
Study: Social Security Recipients Could Face Benefit Cuts This Decade

COVID-19 could result in benefits being cut even sooner than you think.

29 May 16:02 The Motley Fool 2231313658537022390.html
EU promises billions to help companies weather the impact of Covid-19

Investment will focus on healthcare, space, defence, digital and green technologies

29 May 16:34 The Irish Times 8204772967943603242.html
British government approves large solar farm

May 29 (UPI) -- The British government approved plans for an 880,000-panel solar park north of Kent, which would make it one of the largest in Europe and causing a divide among environmental groups.

29 May 16:21 UPI 8257973865699048980.html
A Goldman Sachs cryptocurrency report angered true fans

On Wednesday, Goldman Sachs released a report that outlined five reasons that cryptocurrency is not an asset class or a suitable investment .

29 May 16:18 Pulse Live 3606876835520285505.html
No going back to normal way of working, Shropshire Council staff told

Permanent changes will be made to the way Shropshire Council operates when the country emerges from the coronavirus pandemic.

29 May 16:03 Shropshire Star 3480199991544048443.html
US consumer spending plunged the most ever last month as savings spiked to a record high

A drop in spending could have a devastating effect on the US economy, as consumption is responsible for roughly two-thirds of gross domestic product.

29 May 16:14 Business Insider 6060062400507691438.html
Exclusive: Russia's Rosneft finds extended oil cuts painful - sources

Rosneft does not have enough crude to ship to buyers with which it has long-term supply deals, making it hard for the Russian company to continue ...

29 May 16:10 CNA 5644198864280130299.html
Most Americans worry they will never be financially stable

Seven in 10 Americans worry they will never be financially independent, according to new research. And this might be the result of a lack of financial knowledge — the survey of 2,000 Americans

29 May 16:08 New York Post 7654946767866002988.html
Powell: Fed to soon begin 'challenging' Main Street lending

Federal Reserve Chair Jerome Powell acknowledged Friday that the Fed faces a major challenge with the launch in the coming days of a program that will lend to companies other than banks for the first time since the Great Depression. The Fed's Main Street Lending is geared toward medium-sized companies

29 May 16:32 Yahoo 7097669637241546790.html
After Vedanta, Adani Power to go for delisting; board meet on June 3

The conglomerate has so far maintained a strategy to incubate a business and monetize it through public listing at a later stage.

29 May 16:36 Business-Standard 1502508926408949693.html
Growth pangs: Q4 GDP growth slows to 3.1%; FY20 clocks 4.2%

Agriculture, govt spending saviours; industrial, services growth shrink

29 May 16:31 BusinessLine 5283601757848979.html
Businesses told to start paying furlough bill from August

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

29 May 16:16 Shropshire Star 3480199991461682133.html
USD/JPY extends rebound and prints fresh daily highs above 107.70

The USD/JPY pair broke to the upside after moving sideways for hours during 107.05 and 107.30. It climbed to 107.82, hitting a fresh daily high as the

29 May 16:14 FXStreet 4480975640125513241.html
Sensex ends 6% higher this week, Nifty Bank surges 12%; check key factors behind markets’ upmove

Sensex recovered 600 points from day's low to end at 32,424 while Nifty 50 index settled at 9,580. During this week both Sensex and Nifty gained 6 per cent each

29 May 16:13 The Financial Express 1288289580100942891.html
Gold Mining Stocks Flip From Losses To 5x Leveraged Gains

This 2020 gold price target of $3,000 is a little too aggressive in my view, but I would not be surprised if gold reaches this level at some point over the next

29 May 16:06 Seeking Alpha 5725634556590730102.html
Sign of Some Upside Ahead for Boeing Stock

Boeing is one of the names most battered by the novel coronavirus, but with airlines starting to perk up, the stock could be a winner.

29 May 16:02 InvestorPlace 24614510072672590.html
China to restrict expansion of solar equipment producers

China intends to impose restrictions on expansion of solar equipment production to tackle overcapacity in the industry in the face of falling ...

29 May 16:50 CNA 5644198863900511980.html
Lithuania’s Central Bank to Fully Deploy its Blockchain Platform By Year-End

The Bank of Lithuania announced that it had completed the research phase of its blockchain project called LBChain.

29 May 16:00 Bitcoinist.com 1696346936379453582.html
Veolia to install Anammox wastewater treatment unit in Australia

Veolia Water Technologies and Urban Utilities are working to install Asia Pacific’s first full-scale sidestream ANITA Mox treatment plant this year. A firs

29 May 16:00 Chemical Engineering 9204118373268747296.html
Why Aurora Cannabis Stock Dropped 10% This Morning

Investors seem uncertain that a relatively big bet on CBD oil will pay off.

29 May 16:55 The Motley Fool 2231313658395817551.html
Middleby's Premium Is Gone, But Longer-Term Demand Destruction Is A Real Concern

Covid-19 is hammering the foodservice industry, leading to a 9% organic decline in Commercial Foodservice revenue in Q1, and orders have declined sharply in Apr

29 May 16:06 Seeking Alpha 5725634557057497519.html
Pie Insurance Secures $127 Million Through Latest Investment Round

Insurtech startup Pie Insurance announced on Thursday it secured $127 million through its latest investment round. The companies that participated in the fundin

29 May 16:11 Crowdfund Insider 6834688073308331280.html
Businesses told to start paying furlough bill from August

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

29 May 16:17 Express & Star 7324224459007859669.html
Coronavirus: What help are self-employed getting from government?

What is being done for the five million self-employed people in the UK facing a sudden loss of income?

29 May 16:13 BBC News 3883826128120005093.html
Businesses told to start paying furlough bill from August

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

29 May 16:19 Jersey Evening Post 6141642773543263189.html
GST hike in non-essential items ruled out

Govt says ‘no’ for printing notes to bridge deficit

29 May 16:04 BusinessLine 5283601895180070.html
Aston Martin: Dealt Great Cards Now They Need To Play The Hand Better

Aston Martin recently reported disappointing Q1 results, continuing the share price free fall. Aston Martin shares are now down 94% since IPO, leaving many to w

29 May 16:02 Seeking Alpha 5725634556066896126.html
Dumpster Diving: (Potbelly Corp. Edition)

Before COVID-19, Potbelly was showing tangible signs of a business turnaround. If you look at Q4 2019 results, the company had its best comps in three years at

29 May 01:56 Seeking Alpha 5725634557586084417.html
CBA says crisis reinforces its X15 mission to create new start-ups

CBA has rolled its Credit Savvy business into X15 and will host a hackathon in July to identify new ideas and entrepreneurs.

29 May 01:03 Australian Financial Review 3974284487566427837.html
Ringgit opens higher against US dollar

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

29 May 01:50 Malaymail 302165935738008770.html
Banks’ asset quality ratios may worsen up to 600 bps: Fitch

The report added that while secured loans such as home and auto are relatively more resilient, they will not be isolated from stress as unemployment rises.

29 May 01:40 The Financial Express 1288289580447860181.html
Rich Lister winners and losers so far

With the fortunes of many billionaires tied up in equity, the past few months have been a wild ride and not everyone has come out on top.

29 May 01:30 Australian Financial Review 3974284486567703602.html
Pandemic causes surge in demand for sports cards

The sports card industry has experienced somewhat of a renaissance in recent years, but demand has exploded in the last three months during the pandemic.

29 May 01:48 Calgary 4726856558865080330.html
U.S. FDA asks five firms to recall diabetes drug with high levels of probable carcinogen

(Reuters) - The U.S. Food and Drug Administration (FDA) said on Thursday it has recommended five pharmaceutical firms to voluntarily recall their diabetes drug metformin after the agency found high levels of a possible cancer-causing impurity in some versions of the medication.

29 May 01:47 Reuters 8334514181120705475.html
Giga-tronics Inc. (GIGA) CEO John Regazzi on Q4 2020 Results - Earnings Call Transcript

Giga-tronics Inc. (OTCQB:GIGA) Q4 2020 Earnings Conference Call May 28, 2020 4:30 P.M. ET Company Participants Traci Mitchell - Principal Accounting Officer and

29 May 01:52 Seeking Alpha 5725634556051099708.html
North American Fintech Firms have Better Access to Regulatory Sandboxes because of United-States-Mexico-Canada Free Trade Agreement: Report

More than $30 billion worth of transactions a year are carried out via the US-Mexico remittance corridor, which is notably one of the world’s largest cross-bo

29 May 01:35 Crowdfund Insider 6834688074062562959.html
State could see $16 million in coronavirus costs through September, panel told

Health insurance claims for 47,000 state employees stemming from COVID-19 illness could cost the state more than $16 million through September depending on how extensively stay-at-home guidance and...

29 May 01:17 Las Vegas Review-Journal 8640648836137862166.html
Investors could look at top-rated company FDs as options shrink

The highest interest rate offered by SBI is 5.4 per cent after the 40-basis point cut.

29 May 01:59 The Economic Times 7653256036413260619.html
Best of BS Opinion: Diversity in boardrooms, earnings drought, and more

Here is a summary of Business Standard opinion pieces for the day

29 May 01:00 Business-Standard 1502508924733654160.html
Bursa Malaysia slightly lower in early trade

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

29 May 01:47 Malaymail 302165934425455767.html
EUR/USD Price Analysis: Range breakout seen on D1 favors move above 1.11

EUR/USD closed well above 1.1019 on Thursday, confirming an upside breakout of the multi-week trading range of 1.0727 to 1.1019. The breakout is backe

29 May 01:19 FXStreet 4480975638424075553.html
Ukraine's chief banker: Most of problems on labor market unrelated to COVID-19

The second cause is low productivity.

29 May 01:58 UNIAN 6863008971272374663.html
World Bank suggests possible extra replenishment of IDA lending arm

WASHINGTON, May 29 ― World Bank President David Malpass yesterday suggested the Bank and donor countries should explore a possible supplemental replenishment of the International Development Association (IDA) concessional lending arm if the coronavirus crisis deepens. In a letter to US and...

29 May 01:00 Malaymail 302165936101828955.html
The TV commercial, once advertising’s main event, suffers in the pandemic

Before the coronavirus pandemic, the TV networks were expecting a strong 2020. The presidential election and Tokyo Olympics would keep people watching, and companies would spend more than usual on commercial time.

29 May 01:48 Bdnews24 8119004130258470714.html
Paytm Mall in talks for Grofers stake as SoftBank pushes for consolidation

Online retailer Paytm Mall has held talks with e-grocer Grofers for a potential investment, multiple people in the know told ET, adding that the ongoing discussions may even lead to a merger.

29 May 01:53 The Economic Times 7653256037664384937.html
The Toronto-Dominion Bank (TD) CEO Bharat Masrani on Q2 2020 Results - Earnings Call Transcript

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

29 May 01:55 Seeking Alpha 5725634556381872060.html
FSDC meet: Govt, regulators to step in with more liquidity measures

Both the Centre and the regulators have stepped up focus on “avoiding a prolonged period of dislocation in financial markets”, the council added.

29 May 01:08 The Financial Express 1288289580098261685.html
Lack of adequate funds, labour among challenges faced by projects in India: Survey

Promoters in the Indian projects fraternity find getting adequate funds at reasonable interest, finding labourers matching the skills of those who have left for their hometown.

29 May 01:39 The Financial Express 1288289580014903525.html
Tesla performance opens door to Elon Musk payday

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

29 May 01:27 Malaymail 302165934806915206.html
Derivatives Data Shows That Even After 150% Rally, Bitcoin Is Far From Topping Out

Over the past few weeks, analysts have said Bitcoin is finally finding a local top.

29 May 01:00 NewsBTC 7232133511597096872.html
Amazon Faces A Brand New World

The top end of our fair value estimate range for Amazon stands at $2,465 per share. In this article, we cover our revenue, EBITDA, net operating cash flow, and

29 May 01:06 Seeking Alpha 5725634556984322090.html
RBI slaps penalties on Bank of India, Karnataka Bank, Saraswat Cooperative Bank for non-compliance

RBI also imposed a penalty of Rs 1.2 crore on Karnataka Bank for non-compliance with central bank’s directions.

29 May 01:45 The Financial Express 1288289581225942282.html
Number of FDI projects in Northern Ireland fell last year, but report finds US investors largely unfazed by Brexit

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

29 May 01:00 The Irish News 993066134803055.html
MPIC aid to help fight Covid-19 hits P348 Million

Infra conglomerate shows compassion via “Tulong-Kapatid”  Makati, Philippines, 26th May 2020 - Donations of key anti-Covid 19 goods and initiatives, namely, food, water, medicines and Personal Protective Equipment (PPE) from Metro Pacific Investments Corp. (MPIC) and its subsidiaries, reached P348 million this week. 

29 May 01:20 manilastandard.net 4715274784324090862.html
Banks free to do due diligence on guaranteed MSME loans

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

29 May 01:23 The Financial Express 1288289579609920758.html
India's economy may have grown at slowest in 2 years during March quarter

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

29 May 01:53 Business-Standard 1502508925800783787.html
Fears for Belfast airport jobs as easyJet confirms major cull of staff

DOZENS of airline staff could be axed at Belfast International Airport as part of a cull by easyJet as it struggles with a collapse in air travel caused by the virus pandemic.

29 May 01:00 The Irish News 993066861816884.html
Federal Reserve adds just $1bn of new corporate debt to balance sheet

Only modest use made of US central bank’s emergency lending facilities in the past week

29 May 01:08 Ft 707176889485937234.html
Industry chorus: Package not much help, govt must do the heavy lifting

The survey was conducted after the latest round of easing, and the respondents included large companies, regional trade bodies, and also some small and medium enterprises across the manufacturing and services sectors.

29 May 01:35 The Indian Express 2885715105512355324.html
7 in 10 Australian businesses have seen revenue loss due to the coronavirus, according to new ABS figures

The coronavirus has had a massive impact on Australian businesses.

29 May 01:45 Business Insider Australia 5575934301592341442.html
Smiley Monroe resumes production at reduced capacity

LISBURN manufacturer Smiley Munroe, which makes heavy-duty conveyor belts and custom-cut rubber parts, has resumed production at a reduced capacity after a two-month covid-enforced temporary closure.

29 May 01:00 The Irish News 993065286146990.html
CBA: Huge fiscal stimulus props up household income

Gareth Aird, head of Australian economics at CBA, has published research on the extent to which household impacts have been supported by the federal government’s stimulus:

29 May 01:30 MacroBusiness 6890797928691591697.html
German union accuses Volkswagen of 'management errors' that put jobs at risks

Germany's biggest labor union criticized Volkswagen on Thursday for a recent advert deemed racist and other "errors", saying management had ...

29 May 01:11 CNA 5644198862814590015.html
FIRS: The burden of leadership - The Nation Nigeria

But those who wear the crown know where it hurts. So it is with the leadership of the Federal Inland Revenue Service (FIRS) at....

29 May 01:32 Latest Nigeria News, Nigerian Newspapers, Politics 2658445900554560416.html
Simon & Schuster names Jonathan Karp as new CEO

He replaces Carolyn Reidy, who died two weeks ago.

29 May 01:24 The Hindu 6679535024875021672.html
Facebook’s investment in Reliance Industries not surprising: Brett Biggs, CFO, Walmart

Walmart-controlled Flipkart and Amazon jointly hold 80% of the country’s e-commerce sector at present.

29 May 01:43 The Financial Express 1288289580577872428.html
Sales of electric vehicles increase

Portugal has seen sales of electric or hybrid cars increase in the first quarter by 57 percent, compared to the same period in 2019, but associations fear that the trend will fall due to Covid-19.

29 May 01:00 The Portugal News Online 5173906807029550233.html
Book your hotel room... But check in whenever

HOSPITALITY chiefs claim the Executive's decision to allow hotels in the north to take advance bookings "at risk" from June 8 but with no definitive dates is "causing confusion - and could lead to job losses on a massive scale".

29 May 01:00 The Irish News 993067291084306.html
Franklin Templeton to soon start e-voting process for winding up six debt schemes

Sources in the mutual fund industry say that Trustees of Franklin Templeton MF will start sending notices to investors on the voting process and unit holders’ meeting in the next two-three days.

29 May 01:49 The Financial Express 1288289580907297067.html
AFP: Bulgaria Pins Hopes on TB Vaccine Against the Coronavirus

In the worldwide battle against COVID-19, scientists are investigating whether a century-old tuberculosis vaccine might offer some additional protection against the novel coronavirus. And Bulgaria -- one of the world's leading manufacturers of the vaccine -- is holding out hope of new markets for the many millions of doses it produces each year.

29 May 01:28 novinite.com 4235039571784716568.html
Blackmores steadies the ship

The largest shareholder in Australia's biggest vitamins company is positioning for the future on many fronts.

29 May 01:55 Australian Financial Review 3974284488400640454.html
China extends its anti-dumping investigation into Australian and Japanese chemical exports

According to Reuters, China announced that it extended its anti-dumping investigation into the Australian and Japanese chemical exports. more to come

29 May 01:48 FXStreet 4480975639120662730.html
Gold picks up a bid amid losses in the US stock futures

Gold, a traditional safe-haven asset, is drawing bids as the US stock futures are signaling risk aversion. The yellow metal is trading at $1,720 at pr

29 May 01:49 FXStreet 4480975639006966723.html
BookMyShow lays off, furloughs 270 employees

Online ticket booking platform BookMyShow has laid off or furloughed 270 employees as it expects its revenue to be "greatly reduced" in the coming months, hit by the COVID-19 pandemic and lockdown.

29 May 01:19 Free Press Journal 9080771788600285577.html
Food Is Essential, So Sell Naked Puts On Performance Food Group

We love businesses that are essential to humans. Food distribution is one such business, and Performance Food Group is a value play. Selling naked puts against

29 May 01:39 Seeking Alpha 5725634556967556413.html
Asian shares set to dip in choppy trade over worries about worsening US-China ties; dollar slips, oil prices give up gains

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

29 May 01:13 Firstpost 4760741712028244885.html
Brookfield re-enters race for Virgin with surprise bid

It remains unclear how Brookfield's 11th-hour pitch will affect the rest of the process, which will see the administrators reduce the bidders to just two.

29 May 04:25 Australian Financial Review 3974284488133632511.html
As it ramps up public healthcare, India must give more room to private sector

Only a healthy nation can grow. The COVID-19 pandemic has presented India with an opportunity. The Indian healthcare system can go through a radical overhauling, where it can be more sustainable as well as responsive.

29 May 04:04 The Indian Express 2885715105676541687.html
A Brief History of Workplace Design and Where it Might be Headed Next

How workplaces have evolved over the last 50 years and how they might evolve after COVID-19

29 May 04:00 ArchDaily 6219750955524538761.html
GDP Numbers Expected To Show India's Economy Grew At Slowest Pace In 2 Years

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

29 May 04:06 HUFFPOST 6665507018615307945.html
Wipro names former Capgemini COO Thierry Delaporte as new CEO; Neemuchwala to leave on 1 June

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

29 May 04:10 Firstpost 4760741712676426010.html
Indian Fintech U GRO Capital Partners Global Value Creation Partners to Offer Better Online Lending Services to SMEs

Indian Fintech U GRO Capital, an online lending platform for SMEs, has teamed up with Global Value Creation Partners (GVCP), in order to provide better financin

29 May 04:22 Crowdfund Insider 6834688072843542136.html
Furla to Open New Plant, Introduce New Store Concept

The Italian accessories company has been streamlining its distribution and raising its positioning.

29 May 04:01 WWD 5490910669615320701.html
People more likely to accept nudges if they know how they work and how effective they are

The more people know about when and why behavioural interventions are being used and their effectiveness, the more likely they are to accept their use to change their behaviour.

29 May 04:00 EurekAlert! 8889232467979455808.html
Sensex, Nifty stuck in coronavirus storm; should investors expect profit in 2020?

It seems investors are sitting on boundaries in a wait-and-watch mode and traders are reaping gains from the volatility cycle in which the benchmark indices are stuck.

29 May 04:26 Business Today 1145527432338065524.html
Renault poised to announce 15,000 layoffs worldwide

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

29 May 04:35 The Indian Express 2885715105049920910.html
Wipro Shares Gain Over 2% On Appointment Of New CEO And Managing Director

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

29 May 04:51 NDTV.com 5090057682265371242.html
Sensex, Nifty fall ahead of GDP numbers; Vodafone Idea jumps 14%

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

29 May 04:15 India Today 4286117813990442598.html
Wipro shares gain 1% after Co appoints Thierry Delaporte as new CEO and MD

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

29 May 04:26 Business-Standard 1502508926271545722.html
Covid-19 crisis to cause FDI investment to the Republic to fall by 20% this year

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

29 May 04:32 The Irish Times 8204772968989439190.html
Online readiness: Guest column by Tariq Banuri

If lockdo­wn restri­ctions contin­ue univer­sities will either have to switch to online classe­s or to abando­n the semest­er

29 May 04:40 The Express Tribune 1105816785821356836.html
Capgemini COO Thierry Delaporte becomes new Wipro CEO and MD

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

29 May 04:15 Business-Standard 1502508924853868927.html
Business Live: Indian shares fall ahead of GDP data; Vodafone jumps

Updates from the world of economy, markets, and finance

29 May 04:06 The Hindu 6679535025163072287.html
Bangladeshi eggplant farmers reap rewards via genetics

Farmers in Bangladesh achieved significantly higher yields and revenues by growing insect-resistant, genetically engineered eggplant, a new Cornell study has found.

29 May 04:00 EurekAlert! 8889232469296364613.html
US restaurants concerned over sales losses due to capacity constraints

A survey of 2,500 US consumers conducted this month found that three-quarters planned to avoid restaurants or dine out less frequently, according to Wall Street firm Cowen

29 May 04:15 Business-Standard 1502508925703457328.html
An overzealous attack on renewables

It is unlike­ly that Moore will come out and apolog­ise for his new docume­ntary or take it out of circul­ation

29 May 04:38 The Express Tribune 1105816786054241136.html
Let’s speed up digital change at banks

There is space available for digital-enabled SME-focused entities to make headway

29 May 04:00 Gulf News 2086521544144482516.html
Covid-19 crisis to trigger 20% fall in FDI

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

29 May 04:32 The Irish Times 8204772967858010592.html
Three game-changing ideas for our post-pandemic world

Institutions may have faltered but, argues the FT’s innovation editor, human ingenuity will save the day

29 May 04:00 Ft 707176889780639414.html
Covid-19 pandemic may create opportunities to deepen India’s engagement with Africa

India could also create a new fund for Africa and adapt its grant-in-aid assistance to reflect the current priorities. This could include support for new investment projects by Indian entrepreneurs especially in the pharmaceutical and healthcare sectors in Africa.

29 May 04:19 The Indian Express 2885715104972119934.html
Exports to stay low due to liquidity woes

Busine­ssmen term zero-rating indisp­ensabl­e to remove hardsh­ips

29 May 04:07 The Express Tribune 1105816786936255687.html
Travel disruptions, cost cutting key issues for US business in China, says report

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

29 May 04:40 Malaymail 302165935174536724.html
Faltering Renault to cut 15,000 jobs worldwide, including 4,600 in France

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

29 May 04:19 France 24 5635134571035291232.html
Wipro gains over 6% after Co appoints Thierry Delaporte as new CEO and MD

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

29 May 04:26 Business-Standard 1502508925200004732.html
As Australia opens back up for businesses, jobseekers are once again searching for roles in hospitality and other hard-hit sectors

The Australian job market has just undergone what will go down as its strangest few months on record, as businesses begin reopening their doors.

29 May 04:49 Business Insider Australia 5575934300968527964.html
Water market may not be 'good thing for the country', Basin chief says

The Murray Darling Basin Authority chief says water markets favour high-margin crops over traditional industries at the cost of regional communities.

29 May 04:01 The Age 7967730561101932239.html
‘Oil revenue may drop further to 25 per cent of budget’

With Nigeria’s revenue from oil and gas dropping by N425.52billion in the first quarter (Q1) of 2020 to N940.91billion, according to the Minister of Finance, Budget and National Planning, Zainab Ahmed

29 May 04:18 The Guardian 7580308505443940978.html
Brighthouse Financial Inc: A 6.75% Preferred Stock IPO From This Life Insurer

Brighthouse's new preferred stock, BHFAO, is currently trading above its par value. The common stock does not pay dividend, but the company holds almost $9 bill

29 May 04:34 Seeking Alpha 5725634556074865333.html
Bharti Infratel hits over 3-month high; zooms 100% from March lows

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

29 May 04:24 Business-Standard 1502508926636907452.html
Magic Leap CEO Rony Abovitz to Step Down After Company Fails to Deliver

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

29 May 04:43 Wccftech 3677959679238202094.html
SBP reserves fall $55m to $12.07b

Drop comes on accoun­t of extern­al debt repaym­ents

29 May 04:01 The Express Tribune 1105816786412659866.html
A Brief History of Workplace Design and Where it Might be Headed Next

How workplaces have evolved over the last 50 years and how they might evolve after COVID-19

29 May 04:00 ArchDaily 6219750954190748356.html
East African Portland Cement To Fire More Employees

The East African Portland Cement Company (EAPCC) has announced fresh lay offs through voluntary early retirement for all employees.According to acting managing director Stephen Nthei, the scheme i

29 May 04:46 KahawaTungu 3304128542375062612.html
Will London’s newest skyscraper become a monument to the market peak?

Demand across the sector has plummeted as businesses look to cut costs and rethink how staff work

29 May 04:00 Ft 707176889969711426.html
Google considering taking stake in Vodafone Idea: Report

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

29 May 04:52 The Indian Express 2885715105377118764.html
Voda Idea jumps 35% on reports Google eyeing 5% stake in telco

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

29 May 04:22 The Economic Times 7653256038275645702.html
Nigeria better today, presidency insists

The presidency yesterday insisted Nigeria is better today than it was when President Muhammadu Buhari took over the reins of government on May 29, 2015.

29 May 04:30 The Guardian 7580308504187478955.html
Bank of Russia to Develop Digitial Mortgage on Blockchain Platform

Russia’s central bank, the Bank of Russia, is looking to develop a digital mortgage on Masterchain, a government-backed blockchain project.

29 May 04:00 BTC Manager 8549607153216642317.html
New Recycling Consortium an Open Call to Curb Textile Waste in Philly

Recycling start-up Retrievr makes an open call to fashion brands to partake in the recycling journey in Philadelphia.

29 May 04:01 WWD 5490910669483407290.html
$50k donation for healthcare

Kelowna Chevrolet has made a $50,000 donation to the Our Students, Your Health campaign.

29 May 04:00 Castanet 616068602959949284.html
India’s key growth engine grinds to halt in sign of slump

Businesses providing services of everything from technology to travel and trade were the first to be hit by lock down. Unlike manufacturing-heavy economies like China and South Korea, in India, the services sector accounts for 55% of gross domestic product -- and the slump in output has had ripple effects on jobs and economic growth.

29 May 04:31 The Economic Times 7653256037208815126.html
Wipro Appoints Capgemini's Thierry Delaporte As CEO, Managing Director

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

29 May 04:05 NDTV.com 5090057681448379975.html
TVS Motor shares dip over 3% as March quarter profit plunges 43%

The company said it had successfully transitioned to BS-VI

29 May 04:34 Business-Standard 1502508926577703822.html
Aimia vows to fight Air Canada's court move to halt upcoming merger

TORONTO — Aimia Inc. says it plans to defend itself against a move by Air Canada in Quebec Superior Court to halt a merger that the smaller company sees as key to its corporate reinvention.

29 May 04:00 KitchenerToday.com 52741009381953309.html
Mortgage repayment cliff beckons

A Senate committee has been told that businesses and households have now deferred around $250 billion worth of loan repayments due to the coronavirus pandemic. However, Australian Prudential Regulation Authority (APRA) chairman Wayne Byres conceded that some customers will not be able to repay their loans when they are required to resume repayments:

29 May 04:00 MacroBusiness 6890797930415665609.html
Government announces €115 million support package for air transport sector

The Greek government on Thursday announced a package of measures amounting to €115 million to support the country’s air transport sector, hit hard by the

29 May 04:08 Greek City Times 1506177378177574749.html
Should we fear post-pandemic inflation?

Inflation could well go through a yo-yo effect, as is already happening with other economic indicators.

29 May 04:42 The Economic Times 7653256036795867917.html
CBN forecasts slower growth, reduces lending rate to 12.5%

Nike Popoola The Monetary Policy Committee on Thursday said the lower growth recorded in the economy in first quarter of 2020 was expected to dip slightly but with combined monetary and fiscal sti...

29 May 04:27 Punch Newspapers 3524240994080558843.html
UAE job hires - Tech skills are the most wanted

But mid- to senior management positions are worst hit in this downturn, and more to come

29 May 04:52 Gulf News 2086521544070341084.html
Price crash: NNPC targets $10 oil production cost

’Femi Asu The Nigerian National Petroleum Corporation has said it is looking to drive down the cost of producing a barrel of crude oil to $10 and below in oilfields across the country. The Group ...

29 May 04:10 Punch Newspapers 3524240995965550370.html
Row over N50b AMCON’s bailout, new loans for aviation

The Asset Management Corporation of Nigeria (AMCON) yesterday disclosed that it injected N50 billion to stabilise the operations of the aviation sector between 2012 and 2020.

29 May 04:22 The Guardian 7580308504172840070.html
China, India soak up oil from floating storage as demand recovers

A total of 3.4 million tonnes of crude oil was discharged from floating storage into Asian markets in the past seven days, with China the top destination at 1.8 million tonnes and India second at 842,679 tonnes.

29 May 04:56 The Indian Express 2885715104931034198.html
FDI into India increased 18 per cent to $73 billion in 2019-20

This will spur job creation, says Union Minister Piyush Goyal

29 May 04:08 BusinessLine 5283600588226900.html
Survey provides baseline assessment of climate-health education among health professions institutions

An international survey of Global Consortium on Climate and Health Education (GCCHE) membership found that the majority of members--health professions schools and programs, including medical, nursing, and public health--offer learning opportunities related to the health impacts of climate change, yet many also encountered challenges in instituting or developing curricula.

29 May 04:10 News-Medical.net 4522523031256144599.html
India’s economy seen slowing rapidly in March quarter, with worse to come

Economists expect worst financial contraction in four decades

29 May 04:08 The Globe and Mail 68426411471686560.html
Pakistan to float $1.5b Eurobonds

Move comes after inflow of hot foreig­n money proved costly

29 May 04:00 The Express Tribune 1105816787576398859.html
BBVA calls for easing of coronavirus restrictions

Spanish bank’s chairman Carlos Torres says move is needed to kick-start economy

29 May 04:00 Ft 707176887978124562.html
Pandemic accelerates desire to pass down wealth

Fear over potential tax rises leads to a rise in people gifting assets to family members

29 May 04:00 Ft 707176889486444418.html
Datalogic Makes Investment in AWM Smart Shelf

The deal positions Datalogic for growth into new technology areas.

29 May 04:30 WWD 5490910668995989931.html
Stine Goya on Rethinking Scale — and the Runway

The popular Danish label's creative director and ceo speak of their decision to skip two fashion week seasons, scale down collections and accelerate their sustainability commitments.

29 May 04:01 WWD 5490910668878962078.html
Are low-interest rates making you jittery? Consider P2P lending

Falling interest rate amid coronavirus crisis has impacted income of many investors who depended on debt instruments; those with surplus cash can consider peer-to-peer lending, which is attracting increasing interest from people willing to lend to those in need of short-term financing -- whether individuals or small businesses

29 May 04:45 Business Today 1145527431449211863.html
ASIC bans ex-Linchpin Capital boss Peter Daly for five years

Two fellow directors have also been banned by the corporate regulator after a failed attempt to keep.

29 May 04:19 Australian Financial Review 3974284488090631608.html
Ministry proposes $69m stimulus for fisheries, aquaculture

Minister Edhy Prabowo said the stimulus would include social aid for fishermen, fish farmers and salt farmers and funds to strengthen surveillance efforts against poaching.

29 May 09:33 The Jakarta Post 7678601104140907206.html
Pacific Premier Bancorp's Temporarily Elevated Expenses, External Factors To Pressurize Earnings

The acquisition of Opus Bank will lead to high expenses in the second and third quarters. External factors, including the decline in interest rates and the wors

29 May 09:26 Seeking Alpha 5725634556421611660.html
Euro zone flash inflation at four-year low in May

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

29 May 09:29 The Irish Times 8204772967474581304.html
Elon Musk gets a $770 million award as Tesla hits goals

He can't sell the shares yet, though.

29 May 09:49 Mashable 5336625363835630186.html
SpiceJet Becomes India's First Carrier to Deliver Essential Supplies, E-Commerce Goods Via Drones

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

29 May 09:23 Sputniknews 967333868140545142.html
Here are 7 of the top chart patterns used by technical analysts to buy stocks

Technical analysts believe that stock prices often trade in patterns, as the motivating driver behind the movement of stocks is humans, and ...

29 May 09:06 Business Insider 3364799147448661328.html
Tech spends in India to hit a 10-year low in 2020: Forrester

In 2020, India will have the slowest tech spending growth in at least a decade on account of sharp economic disruption due to the Covid-19 pandemic, according to a new report by market research firm F

29 May 09:14 BusinessLine 5283601692188326.html
It’s imperative to make MGNREGS worksites pandemic-safe

Careful work selection, age-appropriate task allotment, monitoring of social distancing could hold the key

29 May 09:06 BusinessLine 5283601053067845.html
Renault Cutting Nearly 15,000 Jobs Worldwide to Save Costs

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

29 May 09:46 Interesting Engineering 7328942541817317440.html
GBP/USD Forecast: "Breakout above $1.2360 Would Open a Test of Resistance at $1.2465"

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

29 May 09:43 The Pound Sterling Live 6614579508430576138.html
No need to feel threatened by e-commerce firms: Goyal tells traders

Lockdown 5.0: Union Commerce Minister also stated the Aatmanirbhar Bharat package that provided credit guarantee worth Rs 3 lakh crore for MSMEs also included traders

29 May 09:57 Business Today 1145527430690098165.html
SoftBank leads $500 million fundraising for Didi's self-driving unit

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

29 May 09:27 Reuters 8334514181194183925.html
Indian banks' asset quality pressure may last for at least 2 years: Fitch

Fitch estimates that the impact on impaired loan ratios could be anywhere between 200 to 600 basis points depending on the severity of stress and banks' individual risk exposures.

29 May 09:24 Business-Standard 1502508926106260615.html
Gold clings to gains near session tops, around $1725 region

Gold edged higher during the early European session and climbed back closer to the previous day's swing high, around the $1727 region. The precious me

29 May 09:32 FXStreet 4480975639874152108.html
Starling Bank raises £40 million as SME banking business picks up

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

29 May 09:05 Finextra 6000504749475274762.html
Eurozone inflation slumps to 0.1pc in May

BRUSSELS, May 29 — Inflation in the eurozone single currency area dropped to 0.1 per cent in May from 0.3 per cent in April, the official Eurostat agency said today. The drop in prices comes as Europe entered its sharpest recession in EU history because of the lockdowns brought on by the Covid-19...

29 May 09:26 Malaymail 302165934982760438.html
BookMyShow cost-cutting to hit 270 employees

Members of the workforce who have been put on furlough will continue to remain employed with the company and will be eligible for all medical insurance, gratuity and other benefits.

29 May 09:00 The Financial Express 1288289580562962985.html
Pound Sterling Could Actually Rise if Bank of England Slashed Interest Rates to Below Zero says Analyst

Speculation has been growing over the course of May that the Bank of England could soon announce it will cut interest rates to below zero in its ongoing battle to stem the negative economic impacts of the coronavirus crisis

29 May 09:22 The Pound Sterling Live 6614579506701340666.html
What’s Keeping Stocks Afloat? The ‘Microsoft Market’

The tech giant is a mainstay of the industry that lets companies, governments and people navigate disruptions caused by the coronavirus and other threats.

29 May 09:00 Bloomberg.com 4032480122123540691.html
Special Times Call for Special Measures – InfraTec Responds to the Effects of the Corona Pandemic

With the current corona crisis, the world is facing a multitude of challenges. First and foremost is the protection of public health.

29 May 09:30 News-Medical.net 4522523031910587606.html
AUD/USD: The key resistance area at 0.6658/6706 continues to cap any attempt to break higher – Credit Suisse

AUD/USD is seeing a further attempt to break above the pivotal resistance zone at 0.6658/6706, which ideally continues to cap, according to analysts a

29 May 09:30 FXStreet 4480975639167725884.html
ANALYSIS: How 12 years of unethical practices stunted growth of Nigeria’s solid minerals sector

The Nigerian mining sector is bedevilled by a number of problems, chief among which are shady practices that have been identified by NEITI audit reports.

29 May 09:35 Premium Times Nigeria 5456729299564271836.html
South Korea: Lower rates and GDP downgraded – UOB

UOB Group’s Economist Ho Woei Chen, CFA, assessed the recent Bank of Korea (BoK) meeting and GDP outlook. Key Quotes “As expected, the Bank of Korea (

29 May 09:34 FXStreet 4480975638678406052.html
India-dedicated funds attract zero investments in April due to Covid-19

This is the first time since August 2016 that a month has reported nil fundraising in India-dedicated schemes

29 May 09:30 Business-Standard 1502508926401048530.html
Foreign Direct Investment inflows into Tamil Nadu declined by 8.5% in 2019-20

A senior State government official however said it had been a good year for investments for Tamil Nadu

29 May 09:56 The Hindu 6679535025505014256.html
Oil falls but set to post biggest monthly rise in years on output cuts

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

29 May 09:08 The Indian Express 2885715105537480492.html
National Marker Company (NMC): High-quality custom signs endorsed by Carroll

National Marker Company (NMC) has been providing high-quality safety identification products and custom signs for more than 80 years.

29 May 09:13 Mining Technology 639193376105798344.html
Canadian companies are slow-walking, not running, back to the office

Nearly a third of respondents in a recent survey feel the safest course, for now, is to ask employees who are currently working from home to keep working from home

29 May 09:00 The Globe and Mail 68426410968363077.html
GBP/USD: Failing to take over the 1.2360 critical resistance

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

29 May 09:49 FXStreet 4480975639407066565.html
India, US could strike a 'smaller' trade deal in coming weeks: Indian envoy

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

29 May 09:54 Business-Standard 1502508925035428504.html
Crashed Pakistan A320 jet insured for $19.7 million: airline document

SYDNEY/LONDON (Reuters) - The Pakistan International Airlines (PIA) Airbus SE A320 jet that crashed into a crowded residential district of Karachi last week killing 97 people on board was insured for $19.7 million, an airline document showed.

29 May 09:01 Reuters 8334514180463444176.html
Young’s says it expects ‘lower sales’ when customers return to pubs

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

29 May 09:23 Shropshire Star 3480199993001082902.html
Gender inclusion, the Infosys way

Technology majors are at a huge advantage if they are able to understand how a cross-section of people tend to engage with their technology. With today’s consumer base more diverse and heterogeneous,

29 May 09:41 BusinessLine 5283600890690995.html
Google's interest positive but may not help solve Voda Idea's debt woes

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

29 May 09:19 Business-Standard 1502508926692103668.html
The Smartest Stocks to Invest $2,500 Into Right Now

Your pocketbook will thank you if you hang onto these quality companies for the long term.

29 May 09:51 The Motley Fool 2231313657817413116.html
Gold price flat ahead of Trump’s Hong Kong response

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

29 May 09:50 The Indian Express 2885715105093834215.html
Auto sector will feel the maximum pain this year: Prashant Jain

‘The impact on wages is significant and auto is a discretionary product

29 May 09:40 The Economic Times 7653256038332309529.html
China excludes clean coal projects from list eligible for green bonds

SHANGHAI (Reuters) - China has excluded “clean coal” from a list of projects eligible for green bonds, according to long-awaited new draft guidelines published by the central bank on Friday.

29 May 09:49 Reuters 8334514180544979672.html
Lockdown shopping: Chocolate chips, frozen pizza up, energy bars nosedive

Americans bored at home during the coronavirus lockdown are rediscovering their love of baking and cooking, reversing a decades-long trend that has reshaped the grocery store experience.

29 May 09:57 TheHill 355432919828347797.html
Debt market’s love for G-Secs & PSU papers is here to stay

Risk of a high-quality portfolio is volatility, as underlying securities are traded frequently.

29 May 09:45 The Economic Times 7653256037773156305.html
Vodafone Idea: No proposal before Board on stake sale to Google, but evaluating various opportunities

The Financial Times had reported that Google was exploring to buy a 5% stake in Vodafone Idea.

29 May 09:32 The Economic Times 7653256037222191068.html
An economic turning point for Europe?

The coronavirus may finally shock the continent out of its austerity mindset

29 May 09:50 The Week 149215355686762931.html
No proposal before board now, says Voda Idea on Google picking stake in co

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

29 May 09:48 Business-Standard 1502508925815974829.html
Give us too the benefit of credit guarantee scheme: urban co-op banks to FM

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

29 May 09:05 BusinessLine 5283601327982934.html
Nissan tight-lipped about strategy for Africa as it ‘transforms’

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

29 May 09:30 Moneyweb 1092550947548436632.html
What every Canadian investor needs to know today

A look at the morning’s market action

29 May 09:55 The Globe and Mail 68426409987949127.html
Finance ministry not in favour of raising GST rates on non-essential items

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

29 May 09:08 Livemint 6614605818833713016.html
Virgin Media high street stores won't reopen after lockdown

Virgin Media shifts from high street to online.

29 May 09:48 TechRadar 2111116914696751616.html
NEA: I See Reasons To Remain Long

NEA continues to trade at an attractive discount to its underlying value. Investment grade munis have a positive spread over treasuries on all points on the yie

29 May 09:50 Seeking Alpha 5725634557228053980.html
‘Social IQ skills’ are the X-factor that women bring to tech companies

Apart from automation, technology needs soft and cognitive skills, believes HCl Technologies

29 May 09:29 BusinessLine 5283600704211494.html
Coronavirus effect: UK car production likely to drop to lowest level in decades

Full-year production could fall to as low as around 870,000 vehicles, according to a forecast by AutoAnalysis for the SMMT, far below a recent nadir of 999,460 cars in 2009, during the financial crisis

29 May 09:13 Business Today 1145527431642068569.html
Labrador Gold announces private placement to raise $3.5m

Canadian mining company Labrador Gold has announced that it intends to complete a non-brokered private placement to raise CAD3.5m ($2.54m).

29 May 09:10 Mining Technology 639193376634157569.html
Gold Price Forecast: Move Above $1735 Resistance Required for Bulls to Grab Control Again

The spot gold price is quoted at $1725 ahead of the weekend, with analysts and technical forecaster Richard Perry of Hantec Markets lays out the key levels to consider for traders now the market is back at a crossroads

29 May 09:46 The Pound Sterling Live 6614579508399769140.html
Rupee appreciates 14 paise to close at 75.62; forex traders say investors await Q4 GDP data

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

29 May 09:14 Firstpost 4760741711730271823.html
Rupee settles 14 paise higher at 75.62 against US dollar

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

29 May 09:00 The Hans India 817019414843662664.html
Need to know: Friday

The coronavirus pandemic is dominating global markets, business and politics. Here's our daily take on the most important stories, and some things to watch out for.

29 May 09:05 Australian Financial Review 3974284487543588038.html
TikTok is becoming less Chinese, more American

ByteDa­nce has expand­ed TikTok's decisi­on-making and resear­ch capabi­lities to Califo­rnia

29 May 09:19 The Express Tribune 1105816786741615295.html
Young’s says it expects ‘lower sales’ when customers return to pubs

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

29 May 09:25 Jersey Evening Post 6141642775082663958.html
What Could Kill My New York Bookstores?

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

29 May 09:00 NY Times 1961078289833830536.html
Minister to join in chamber event

Minister for International Trade Greg Hands will be taking part in a Black Country Chamber of Commerce online Zoom event on Friday, June 5.

29 May 09:35 Express & Star 7324224460486938314.html
NNPC sets $10 oil production cost target by 2021 - Premium Times Nigeria

With its current unit cost between $9 and $22 per barrel, the NNPC says it has set an oil production cost target ceiling of $10 per barrel by 2021.

29 May 09:50 Premium Times Nigeria 5456729299558111876.html
Bullring and Grand Central back to full opening on June 15

Birmingham city centre's Bullring and Grand Central has announced that it will officially re-open on 15 June, in line with the latest guidance from the Government.

29 May 09:19 Express & Star 7324224459758422608.html
CBA offers $150,000 in seed funding to startups helping small businesses

Commonwealth Bank of Australia's fintech investment vehicle, X15 Ventures, is to run a virtual pitch event for startups with technology capable of supporting small business owners, with the winning ideas to receive seed funding of up to $150,000.

29 May 09:44 Finextra 6000504749789381857.html
Young’s says it expects ‘lower sales’ when customers return to pubs

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

29 May 09:23 Express & Star 7324224460547260438.html
Stocks in focus: Vodafone Idea, RIL, Yes Bank, Voltas, Bank of India to remain in action

KEC, Lemon Tree, Equitas Holdings, Jubilant Life Sciences, Procter & Gamble Healthcare, Voltas, Dilip Buildcon and V-Mart Retail are among 31 companies which are scheduled to announce their March quarter earnings today.

29 May 09:00 The Financial Express 1288289580548996909.html
Tea companies fear losing lucrative Chinese market over border conflict

Over the past five years, China emerged as the third largest importer of Indian tea as demand for the black variety has been soaring there

29 May 09:37 Business-Standard 1502508926663008228.html
Softbank-backed Coupang becomes central to new South Korean COVID-19 outbreak | ZDNet

Over 100 new cases have been linked to Coupang facilities.

29 May 09:26 ZDNet 591556592049827281.html
EUR/USD Forecast: Looking for a Fresh Chance to Buy

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

29 May 09:43 The Pound Sterling Live 6614579508192404869.html
Tower Delivers Solid First-half Performance

Kiwi insurer, Tower Limited (NZX / ASX: TWR), has today announced a half year profit of $14.9 million after tax, a $3 million improvement on the same period last year.

29 May 09:00 SCOOP 5315658999302506095.html
Burton residents told to curb water use as heatwave prompts spike in demand

South Staffs Water has set out a series of measures people should follow

29 May 09:29 Derbyshire Live 9061707931749113723.html
British Airways may outsource work of 450 redundant employees

Exclusive: airline’s proposals also include closing operation at Heathrow Terminal 3

29 May 09:27 the Guardian 1491978795586729929.html
Merger of three state-owned general insurers on back burner due to Covid-19

Notably, the boards of the three firms had approved the merger in January and had appointed management consultant firm EY to chalk the road map for the exercise last year

29 May 09:49 Business-Standard 1502508925930904752.html
How Coronavirus is Impacting Digital Payments in Emerging Markets

Emerging markets have been the scene for creative innovations in payments for the last decade, says Wirex CEO Pavel Matveev.

29 May 09:15 Computer Business Review 8072376451544064043.html
Invest India holds virtual panel discussion for global investors

During the discussion, Ajay Prakash Sawhney, secretary in the Ministry of Electronics and Information Technology, highlighted the various initiatives undertaken by the government, including the production linked incentive scheme and scheme for promotion of manufacturing of electronic components and semiconductors.

29 May 09:42 The Economic Times 7653256038414679268.html
Lagos supports 2,204 businesses in one year to reduce unemployment

Lagos State Commissioner for Wealth Creation and Employment, Mrs Yetunde Arobieke said the Lagos State Employment Trust Fund (LSETF) has supported 2,204 businesses to expand with the aim of reducing unemployment in the state.

29 May 09:56 The Guardian 7580308503854247712.html
Consumer confidence and economic climate partially recover in May

Consumer confidence and economic climate indicators “partially recovered” in May in Portugal, after having recorded “strong reductions in April” due to the covid-19 pandemic, the National Statistics Institute (INE) reported

29 May 09:00 The Portugal News Online 5173906807857735801.html
Nigeria: FG pushes conclusion of the electricity deal with Siemens

President Buhari has instructed commencement of the next phase of the Siemens contract to upgrade the dilapidated electricity supply industry in Nigeria.

29 May 09:47 ESI-Africa.com 2679729878126559313.html
Museums anxious about pulling in visitors after lockdown

Over half of museum and gallery directors questioned by Art Fund were worried about the viability of their organisations.

29 May 09:08 Express & Star 7324224460188748256.html
IDC: Hearables market sees growth, but smartwatch sales decline in Q1 2020

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

29 May 09:31 Gizmochina 1751854814886488222.html
Starling Bank boosts its support for small and medium-sized businesses

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

29 May 09:47 TechRadar 2111116915022925038.html
When every order is a seed: How to buy produce in advance and aid farmer rescue projects

Apples, honey and veterinary kits — how these social entrepreneurs are getting consumers involved in farmer rescue projects

29 May 09:53 The Hindu 6679535026286863788.html
Starling Bank Scores Another £40 Million from Existing Investors

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

29 May 09:24 Finance Magnates 8992138264945837691.html