Beijing seeks to reassure business over Hong Kong security law

But investors fret about threat to city’s autonomy from law that has sparked new pro-democracy protests

Asia stocks rise as countries ease lockdown restriction, Hong Kong extends losses

Hong Kong sank again after the city was rocked by protests at the weekend over a controversial proposed security law

China demands U.S. withdraw sanctions on tech suppliers

China demand Monday that Washington withdraw export sanctions imposed on Chinese companies in the latest round of a worsening conflict over technology, security and human rights.

China warns of new Cold War as US blacklists more firms

The US decision to add 33 Chinese entities to a trade blacklist risks potential retaliation from Beijing as tensions between the world’s two biggest economies deteriorate further.

‘Project Birch’: Treasury draws up last resort bailout plan to rescue Britain’s largest companies

‘Project Birch’ could see Britain’s Treasury step in to support key British companies whose failure will “disproportionately harm the economy

German business morale rebounds in May as corona restrictions are eased

The Ifo institute said its May survey showed that its business climate index rose to 79.5 from a downwardly revised 74.2 in April. A Reuters poll of economists had pointed to a reading of 78.3.

Vermilion Energy CEO Anthony Marino steps down, executive committee to take over role

Vermilion says it has created an executive committee to run the company instead of replacing Marino

Vermilion Energy president and CEO Anthony Marino steps down from company

CALGARY — Vermilion Energy Inc. says Anthony Marino has stepped down as president and chief executive and as a director of the company, effective immediately.

Vermilion Energy president and CEO Anthony Marino steps down from company

CALGARY — Vermilion Energy Inc. says Anthony Marino has stepped down as president and chief executive and as a director of the company, effective immediately.

German activity picks up, can't escape official recession

FRANKFURT — A key indicator of German business outlooks bounced upward in May as more businesses and activities re-opened — but the index remained far below normal readings as Germany faced a long journey toward full recovery from the coronavirus downturn. Revised official figures released separately Monday showed the economy has now recorded two straight …

GST refund: CBIC clears Rs 11,052 crore claims

Still A Lot Of Value In Corporate Bond Market

Readers can see that currently even AAA OAS are cheaper to Treasuries than at any point in the last 10 years. Ending late last week at +89 bps to Treasuries, ev

Lithium Miners News For The Month Of May 2020

Lithium prices were slightly lower for the month, but look to have bottomed. Lithium market news - Higher demand boosts China's battery material output. Posco C

The changing face of the billionaire classes

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

Monday’s Insider Report: Executive chair invests over $4-million in REIT yielding over 9%

SmartCentres, SNC and Telus see insider buying

This Morning viewers in uproar after expert talks about loophole for travelling

The travel expert went on to explain that he wasn't 'condoning' the loophole

EasyJet faces huge class-action lawsuit over data breach

UK law firm PGMBM files class-action claim on behalf of affected EasyJet customers.

Payments for CERB top $40 billion as feds open doors for commercial rent help

OTTAWA — A key federal benefit for Canadians out of work, or seeing large drops in their earnings, in the COVID-19 pandemic has paid out over $40 billion in emergency aid.Federal figures posted . . .

CERB payments hit $40B

A key federal benefit for Canadians out of work, or seeing large drops in their earnings, in the COVID-19 pandemic has paid out over $40 billion in emergency aid.

Flash PMI Shows Japan On Course For Record Downturn In Second Quarter

Flash Japan PMI remained well below 50 in May, indicating a further sharp drop in output. Job losses intensified as firms face steep falls in sales. Export orde

Mortgage ILS COVID-19 Dislocation To Elevate Reinsurance Costs: A.M. Best

The current dislocation of the mortgage insurance-linked securities market due to the COVID-19 pandemic is likely to cause mortgage reinsurance rates to rise. A

Monday’s analyst upgrades and downgrades

Raymond James slashes target on CAE

Dawn Meats reopens plant supplying McDonalds burgers

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

Economic package is a mix of supply-side and demand-side measures: Dharmendra Pradhan

The oil industry is faced with an extraordinary situation. Our government’s view is to take a cautious and conscious approach of a balance in price, save it and use it for welfare, says Petroleum Minister

Jefferies’ 22 highest conviction U.S. stock picks

Daily roundup of research and analysis from The Globe and Mail’s market strategist Scott Barlow

Boost for zero-emission sources as global capital backs Indian solar power

The tumbling tariffs of solar power, however, have slashed the expectations of returns by investors from 14 per cent to 12 per cent

Govt asks RBI to remove sugar from negative list as virus hits consumption

Such a move would spur infusion of fresh liquidity and working capital in sugar mills, facilitating speedy settlement of cane arrears

Fractional Shares: Why It’s in the News

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

Unexpected policy timing, expected outcome: These measures could help RBI disinfect the economy 

RBI’s relief measures round-three restates the intention to ease the functioning of the financial markets and easing the market risks brewing in the economy amidst the deteriorating economic outlook.

Erosion of fiscal federalism in the times of Covid-19

As the Centre steamrolls policies on cash-strapped States, the fiscal demands the current pandemic have put extraordinary pressures on State finances

Bayer reaches agreement in 125,000 US cancer lawsuits

Pharmaceutical giant reportedly does deal to end inherited costly legal battle

Familiarity Breeds Short-Termism

Familiarity has been shown to breed investment, as investors confuse familiarity with safety. Research shows that familiarity (trading in stock previously had t

Euro zone bond yields steady; focus remains on recovery fund

LONDON — Euro zone bond yields were steady on Monday, as the market overlooked a paper from Austria, Sweden, Denmark and the Netherlands opposing the EU’s planned grants-based recovery fund and awaited the European Commission’s own release later this week.

What Yasir Al-Rumayyan said at event explains unusual timing of Newcastle United takeover bid

Yasir Al-Rumayyan has given an insight into why Saudi Arabia's Public Investment Fund has been so aggressive during the coronavirus pandemic as Newcastle United supporters await the result of the Premier League's owners' and directors' test

35,000 who had been recieving Pandemic Unemployment Payment returned to work last week

Assistant Secretary General at the Department of Taoiseach Liz Canavan said that while 579,000 people remain on the €350 per-week payment introduced at the beginning of the outbreak, 35,900 returned to work in the last week.

Globalisation can't be done away with Swadeshi slogans: Skanray Tech chief

In a Q&A, Vishwaprasad Alva, founder and managing director, Skanray Technologies, explains why trying to lure companies moving out of China to India could prove counterproductive

Top headlines: HDFC Q4 PBT down 27%, LG Polymers faces court heat

Business Standard brings to you the top headlines of the day.

Is Jio Platforms looking to raise more funds?

Jio Platforms, the wholly-owned subsidiary of Reliance Industries Ltd (RIL), is reportedly scouting for more funds, with the firm in talks with two more investors.The company controlled by Asia’s rich

Salary (CTC) calculation: Earning Rs 40,000 or Rs 30,000 as DA+Basic? You may get this extra amount

Salary (CTC) calculation: Under CTC model, if the monthly EPF wages of an employee is Rs 10,000, then he/she will get Rs 200 more directly from the employer as the share of the employer's contribution to EPF/EPS will be reduced and Rs 200 less will be deducted from his/her wages

Will Social Security Beneficiaries Qualify for a Second Stimulus Check?

Social Security recipients were eligible for an Economic Impact Payment under the CARES Act -- should they expect something similar for stimulus 2.0?

Meet Cyrus, who wants to own Virgin through the virus and beyond

Every good auction needs a smokie.

Martin Hellwig On The Recent German Constitutional Court Ruling And Its Potential Eurozone Implications

The German Constitutional Court is fighting a battle that effectively harms central bank independence, and this could have serious implications for the future o

COVID-19: Is this the end of the road for Renault?

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

Tracking Glenn Greenberg's Brave Warrior Advisors Portfolio - Q1 2020 Update

Glenn Greenberg’s 13F portfolio value decreased from $1.89B to $1.74B this quarter. Brave Warrior Advisors added HCA Healthcare and increased Anthem while reduc

Apollo's Ventia asks for $1.6b, five banks on board

Apollo Global Management and CIMIC Group's services contractor Ventia has lobbed a $1.6 billion litmus test into Australia's leveraged loans market. 

Irish receiving Trump’s $1,200 checks in error could be banned from USA

Hundreds of Irish J-1 visa holders no longer living in the United States have accidentally received economic impact payments during the COVID-19 pandemic, and cashing the checks could affect any future attempts to enter the US. The $1,200 payment was sent to a significant number of former J-1 students in April...

With little state aid, zombie shops in Portugal fear short-lived reopening

LISBON (Reuters) - Leaning over the golden-plated counter of the “Fantastic World of Sardines” in Portugal’s capital, cashier Andre Moureira waited for just a single customer to break the boredom of the morning.

Nigeria’s GDP rises by 1.87% in Q1 2020

Nike Popoola In the first quarter of 2020, Nigeria’s Gross Domestic Product grew by 1.87 per cent (year-on-year) in real terms. The National Bureau of Statistics revealed in ‘Nigeria’s Gross ...

Govt Should Delay Road Tax Increase Due To Economic Crisis

“The Government should delay an increase in road user charges scheduled for 1 July this year,” according to ACT Leader David Seymour.

HDFC a better play than its peers: Sharekhan

'Q4 stable for the NBFC on asset quality front'

COVID-19 Income Relief Payment Announcement Welcomed

The Council of Trade Unions is welcoming today's announcement from the Minister of Finance to provide individualised targeted financial support for working people who have been made redundant by their employers as a direct result of COVID-19.

Under strict rules, India resumes domestic flights after two months

West Bengal urged government to postpone resumption of passenger flights to Kolkata as it focuses on rescue work of Cyclone Amphan

Use pandemic to stop brain drain, MPs told, as payments for CERB top $40 billion

OTTAWA — The federal government should use the COVID-19 pandemic to reverse a brain drain of top tech talent south of the border, a House of Commons committee heard Monday, alongside warnings that . . .

GDPR at Two: Critics Slam Patchy Enforcement, Sluggish Investigations

GDPR at two: As criticism mounts, how long before signs that the bark of regulators is worse than their bite starts to dilute GDPR's effectiveness?

3 Travel and Tourism Stocks Poised for a Bull Run

The coronavirus pandemic has smashed the tourism industry, but these companies seem ready for a massive rally.

Telstra CEO wants NBN upgrade paths reflected in govt policy

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

Govt Income Relief Payment Creating Two-tiers Of Unemployed

Auckland Action Against Poverty welcomes the individualised Income Relief Payments for those being made redundant but warns that the Government is creating two-tiers of unemployed: those deserving of liveable incomes and those who do not.

Coronavirus Entente Cordiale Between the UK and France is Cancelled

The exemption from quarantine for travellers between the UK and France is now definitely in the column of killed ideas, as France has announced there's to be a 14-day quarantine requirement for all arrivals from the UK.

Deep Dive: Preventing Financial Crime Amid The COVID-19 Pandemic

This Deep Dive explores the methods bad actors are leveraging to scam bank customers and the methods FIs are using to stem the tide of fraud.

Realtors body Credai write to PM seeking more funding, loan restructuring

The govt has already extended project completion and registration by six months and extended credit-linked subsidy scheme by a year

NZD/USD fluctuates in tight range near 0.6100

The NZD/USD capitalized on the upbeat market mood last week and gained more than 150 pips. In the absence of significant fundamental drivers at the st

Toot toot! Afterpay runs into index day

Beware the Afterpay train this week. 

Samsung's NAND flash market share down slightly in Q1

The share global NAND flash market for Samsung in the first quarter of the year dropped slightly compared to three months earlier, a report said on Monday, although the South Korean giant

Income Tax Saving: How your spouse can help you save taxes

Your spouse not only helps you in meeting your social and personal obligations, but can also help you in saving income tax. Here is how.

RoboForex Expands Crypto Offering, Adds ETH/BTC and LTC/BTC

RoboForex has expanded its cryptocurrency offering by increasing the number of crypto pairs available for trading to include ETH/BTC and LTC/BTC.

GBP/USD: Near-term downside risks into mid-year – CIBC

This month, the cable has lost around 2.5%, and analysts at CIBC Capital Markets expect near-term headwinds to persist. Stay up to speed with Yohay El

EUR/GBP Price Analysis: Remains confined in a range near mid-0.8900s

The EUR/GBP cross continued with its struggle for a firm near-term direction and remained confined well within a one-week-old narrow trading band arou

Weekly S&P 500 ChartStorm - Downgrades, Dividends, Buybacks

This week we take stock of the uneasy landscape with downgrades, delayed payments, and yet massive monetary easing. We also document a couple of key trends in d

Center Parcs, Butlin's, Haven and Pontins updates on reopening

UK holiday parks have been forced to delay even further due to coronavirus

USD/JPY: Downside potential is limited

The USD/JPY pair trades around 107.70, unable to attract investors after Japan announced it will lift the state of emergency in all the country, Valer

EUR/CHF: SNB looking to contain Swiss franc action – CIBC

The SNB has managed to avoid EUR/CHF breaching 1.05, though it has traded at lows since the end of Q1, per CIBC Capital Markets. Dont’s miss: Diminish

KCCA should partner with Kiira Motors on city buses project

It is proposed that special lanes will be put in place for the Eco- (sic) electric and combustion fuel efficient buses starting at the City Square in a ring road...

Find out the impact COVID-19-induced lockdown has had on the tea industry

Algarve’s Monterosa Olive Oil wins two gold medals

Monterosa Extra Virgin Olive Oil, produced in the Algarve region of Moncarapacho, has won two gold medals and two silver medals at the New York International Olive Oil Competition

Milan-based Milkman snags €25 million to expand and partner with Poste Italiane for special delivery service

Milkman, a Milan-based logistics and delivery platform, has raised €25 million in its third round of funding, with backing from Poste Italiane, P101 sgr, Italia500, Vertis and 360 Capital. The deal includes an agreement between Milkman and Poste to create a new premium service, MLK Deliveries, specifically for Poste customers. The Italian company focuses on […]

'South African companies that employ foreigners must not open'

South African opposition party The African Transformation Movement (ATM) says South Africa must impose a strict economic sector regime that will see certain ind...

South African public-sector wage dispute moves to arbitration

JOHANNESBURG, May 25 (Reuters) - Early attempts to resolve a wage dispute between the South African government and public-sector trade unions have failed and the dispute will now move to arbitration, according to the bargaining chamber where such wage disputes are heard.

Doosan Group struggling to sell assets to tide over credit squeeze

Heavy machinery and power equipment-focused Doosan Group is seeking to ease its severe credit squeeze stemming from its flagship Doosan Heavy Industries & Construction Co. by coming up with a self-rescue plan that centers on sales of assets.  The country's 15th-largest conglomerate said late last month that it will push ahead with a plan to sell its shares and non-core assets in a bid to secure more than 3 ...

Duty-free shops suffer sharp drop in April sales amid virus outbreak

   South Korean duty-free stores saw their sales drop sharply below the 1 trillion-won ($804 million) mark in April, feeling the pinch of the fallout from the new coronavirus, industry data showed Tuesday. Combined sales of local duty-free shops shrank 9.2 percent on-month to 986.7 billion won last month, according to the data from the Korea Duty Free Shops Association. The number halved from January, the...

LOUTH TD: 'Will Fine Gael caretaker government cut €350 payment later this week'

Welfare

Perthshire men’s support group ‘delighted’ to secure £10k funding support

A Perthshire support group for men has secured £10,000 in National Lottery funding.

Eight hundred billion reasons to be careful: SA’s Covid-19 rescue package

The social relief and economic support plan presents a real test of government’s commitment to tackling corruption.

NYSC warns corps members against violating inter-state lockdown over collection of discharge certificate

NYSC, has urged corps members who at present are not in their States of service, not to violate the ban on inter-state journeys

PTCL Connecting Pakistan & Beyond Amidst COVID-19 Crisis

COVID-19 or Coronavirus has taken the world by storm. Nobody of this generation had ever expected something like this to happen. With no vaccine and no proven solution to how this virus will go, the social distancing is the only solution to protect yourself from it. Hence, the companies, educational institutes, and every organization around the world have ensured that their employees and students stay at home, work from there, and stay safe. That is the only way you can protect yourself from catching the virus and stop it from spreading everywhere. Measures To Control COVID In Pakistan

Crieff golf club becomes latest to announce reopening date

A Crieff golf club has become the latest to announce its reopening date.

Yogi Adityanath govt says 14-day quarantine for passengers coming from abroad

'Passengers coming from foreign countries will need to give a letter of consent to the effect that they will stay in 14-day quarantine,'UP Home Department said.Domestic flight operations resumed today across the country except in Andhra Pradesh and West Bengal

BMTC introduces flat bus fare system in Bengaluru to replace daily passes; system aimed at minimising contact during travel

The BMTC's new flat fare system will minimise contact in buses during travel amid the coronavirus pandemic

Domestic flight ops to remain halted in Tripura

Domestic air operations will not resume in Tripura from Monday as all flights operating to and from Agartala stand cancelled, according to Maharaja Bir Bikram (MBB) Airport’s officials.