Economy 2126
News Corp shuts down more than 100 print titles, hundreds of jobs to go

News Corp has confirmed its plans to axe hundreds of jobs as it moves to a digital-focused future.

27 May 23:05 The Age 7967730561334131126.html
The Irish Times view on the economic outlook: Counting on a swift recovery

New reports from economic think tanks are valuable in trying to see through the fog of what lies ahead

27 May 23:30 The Irish Times 8204772967645992180.html
Exclusive: Venezuela reaches deal with U.N. to buy food, medicine with gold - central bank

CARACAS (Reuters) - Venezuela has reached a deal with the U.N. Development Programme (UNDP) to destine part of its gold in Bank of England accounts toward the purchase of food and medicine during the coronavirus pandemic, its central bank governor said on Wednesday.

27 May 23:07 Reuters 8334514180795270589.html
What We Are Reading Today: Playbooks and Checkbooks by Stefan Szymanski

What economic rules govern sports? How does the sports business differ from other businesses? Playbooks and Checkbooks takes a fascinating step-by-step look at the fundamental economic relationships shaping modern sports. 

27 May 23:26 Arab News 8912634263829899052.html
Some countries could be exempt from UK quarantine rules, Boris Johnson says

So-called 'air bridges' could give hope to those still dreaming of a summer holiday without having to self-isolate when they get back.

27 May 23:04 Metro 970161747673648002.html
Nursing home residents warned about giving up coronavirus relief funds

Nevada Attorney General Aaron Ford is warning families to be cautious amid reports of nursing homes attempting to take coronavirus relief payments from their residents.

27 May 00:11 Las Vegas Review-Journal 8640648836337070365.html
Walvis councillor orders businesses' closure

WALVIS Bay urban constituency councillor Knowledge Ipinge has ordered a transport company and a bank to close their premises at the town due to fears of the spread of the coronavirus.

27 May 00:00 The Namibian 8837880577169571817.html
Govt fails on buy local directive

NGHINOMENWA ERASTUS and LAZARUS AMUKESHETHE Agro-Marketing Trade Agency has challenged the government and its agencies to lead by example in implementing its directive to procure locally

27 May 00:00 The Namibian 8837880577427568020.html
State hosts forums for businesses planning to reopen

State officials have planned a series of virtual forums this week for the owners and operators businesses that will be allowed to reopen next week as Rhode Island's economic restart continues.

27 May 00:00 The Washington Times 8941836441430878157.html
CEO pay has topped $12.3M. Can it keep rising post-pandemic?

The typical pay package for CEOs at the biggest U.S. companies topped $12.3 million last year, and the gap between the boss and their workforces widened further, according to AP’s annual survey of exe

27 May 00:00 The Washington Times 8941836441505576575.html
Nissan-Renault alliance to share more parts, technology

The auto alliance of Nissan and Renault said Wednesday it will be sharing more vehicle parts, technology and models to save costs as the industry struggles to survive the coronavirus pandemic.

27 May 00:00 The Washington Times 8941836441865018688.html
The spread of America's self-inflicted debt crisis

The COVID-19 shutdown has left the country on the cusp of a self-inflicted economic collapse not seen since the Great Depression.

27 May 00:00 The Washington Times 8941836441878097398.html
Global stocks mixed on unease over Hong Kong security law

Global stock markets were mixed Wednesday as U.S.-Chinese tensions over Hong Kong vied with optimism about recovering from the coronavirus pandemic.

27 May 00:00 The Washington Times 8941836441910068952.html
MLB players will take time to respond to money-slashing plan

Baseball players will take at least a few days and possibly until next week to respond to Major League Baseball’s proposed sliding scale of salary slashing for a pandemic-delayed season in ballparks w

27 May 00:00 The Washington Times 8941836442101838779.html
Company completes 1st overland fiber-optic cable from Alaska

An Alaska company has completed construction of the first overland fiber-optic cable connecting the state to the continental U.S.

27 May 00:00 The Washington Times 8941836442909448041.html
Why good credit matters — even if you don’t plan to borrow

Even if you don’t plan to borrow a dime, a good credit record is valuable. Think of it like a household fire extinguisher: It’s smart to have a good one even though you have no plans to use it.

27 May 00:00 The Washington Times 8941836443076245697.html
Amazon in talks to buy driverless-technology startup Zoox

Amazon.com Inc. is in advanced talks to buy Zoox Inc. in a move that would expand the e-commerce giant’s reach in autonomous-vehicle technology.

27 May 00:59 MarketWatch 8975941548434788018.html
Air India allows rescheduling for bookings between March 23 and May 31

The national carrier has informed that there will be no extra rescheduling charges applied for this…

27 May 00:00 Business Traveller 900610880746104172.html
Hotels prepare to reopen facilities in Abu Dhabi

The Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi) has issued detailed guidelines for properties in the emirate…

27 May 00:00 Business Traveller 900610880859470877.html
India’s tourism ministry extends validity period for hotels and travel agents

The validity period of approval or certification of hotels and other accommodation units has been extended until June 30, and six months’ relaxation for all travel agents…

27 May 00:00 Business Traveller 900610880948880831.html
Airline debt could rise to US$550 billion by year-end: IATA

IATA believes that the kind of financial support provided will influence the speed and strength of the airline industry recovery…

27 May 00:00 Business Traveller 900610881179523494.html
Wyndham welcomes 11 new-build US properties in first quarter

Over 25 new-build hotels were also signed over the same period, and another ten began construction…

27 May 00:00 Business Traveller 900610881208891233.html
Air New Zealand opens domestic and regional lounges with limited services

The lounges will be operating “slightly differently to what people are used to”, said the carrier

27 May 00:00 Business Traveller 900610881684095387.html
Air France agrees to cut many domestic flights

The CEO of Air France-KLM has announced substantial changes to the domestic network of Air France…

27 May 00:00 Business Traveller 900610881805129657.html
Sugar Inquiry Commission didn't highlight NPMC's role in failing to control prices

The commission only held the Sugar Advisory Board responsible for taking any action

27 May 00:00 www.geo.tv 9037559357719888200.html
It's not a scam: Watch for stimulus debit cards in the mail

The Treasury Department has mailed nearly 4 million economic impact payments to Americans via a prepaid debit card.

27 May 00:58 ABC15 Arizona 911680911184117125.html
TUC fights Trade Fair Company over ‘illegal’ mass layoffs

Leadership of the Public Services Workers’ Union, (PSWU) of the Trades Union Congress, (TUC) has locked horns with CEO for the Ghana Trade Fair Company, GTFC Dr Agnes Adu over what the Union terms “unconventional mass termination of appointments of some 23 staff of the Company.

27 May 00:00 GhanaWeb 9132111494587015455.html
Latam Airlines seeks bankruptcy protection as travel slumps

BANGKOK, Thailand (AP) — Latam Airlines, South America's biggest carrier, sought US...

27 May 00:00 Jamaica Observer 5357348614181313057.html
CMU to miss report deadline due to auditing delay

OFFICIALS of the Caribbean Maritime University (CMU) were again put in the hot seat at th...

27 May 00:00 Jamaica Observer 5357348615800888300.html
Poor weather delays SpaceX launch at Cape Canaveral

The first launch of NASA astronauts from US soil in almost a decade has been postponed until Saturday afternoon, just a few minutes before the scheduled lift-off. Possible lightning strikes prompted the delay.

27 May 00:00 Deutsche Welle 550934688609792156.html
France unveils stimulus plan worth €8 billion for car industry

The package includes an increase to the state subsidies given to motivate potential buyers of new electric and hybrid cars. The plan also includes a state loan worth €5 billion for troubled carmaker Renault.

27 May 00:00 Deutsche Welle 550934689050144257.html
Lufthansa says 'unable to approve' coronavirus rescue over EU conditions

Airline giant Lufthansa said it cannot approve a German state rescue over fears that conditions imposed by Brussels would be too harsh. The aid package must still be cleared by the European Commission's competition arm.

27 May 00:00 Deutsche Welle 550934689632316758.html
Nokia shuts plant in Tamil Nadu after 42 test positive for COVID-19

NEW DELHI: Nokia last week suspended operations at a telecoms gear manufacturing plant in southern India, the company said on Tuesday (May 26), ...

27 May 00:45 CNA 5644198863551122497.html
EUR/USD Flat in Wild Trading as EU Proposes €750B Covid-19 Stimulus Package

EUR/USD Flat in Wild Trading as EU Proposes €750B Covid-19 Stimulus Package

27 May 00:00 Investing.com 5710361974449095090.html
Dow Busts Move Higher on Late Buying as Traders Bank on Financials to Shine

Dow Busts Move Higher on Late Buying as Traders Bank on Financials to Shine

27 May 00:00 Investing.com 5710361974459660047.html
Stocks - Dow Jumps as Financials Take Spotlight Amid Stumble in Tech

Stocks - Dow Jumps as Financials Take Spotlight Amid Stumble in Tech

27 May 00:00 Investing.com 5710361974567458685.html
Exclusive: Chevron to cut up to 15% of staff amid restructuring

Exclusive: Chevron to cut up to 15% of staff amid restructuring

27 May 00:00 Investing.com 5710361974715415225.html
Stocks - U.S. Futures Higher Ahead of May Business Surveys

Stocks - U.S. Futures Higher Ahead of May Business Surveys

27 May 00:00 Investing.com 5710361975032313442.html
It’s A Good Idea To Ignore REITs Right Now, Despite Soaring Yields. Here's Why

Stocks Analysis by Investing.com (Haris Anwar/Investing.com) covering: Simon Property Group Inc, United States 10-Year, First Trust S&P REIT Index Fund, Brookfield Property Partners LP. Read Investing

27 May 00:00 Investing.com 5710361975205882859.html
Stocks - Europe Pushes Higher, Expecting More Stimulus

Stocks - Europe Pushes Higher, Expecting More Stimulus

27 May 00:00 Investing.com 5710361975330847785.html
NYSE short interest rose 1.0 percent in mid-May

NYSE short interest rose 1.0 percent in mid-May

27 May 00:00 Investing.com 5710361975360437830.html
Hong Kong unrest worries curb global shares rally

Hong Kong unrest worries curb global shares rally

27 May 00:00 Investing.com 5710361975431629313.html
Can Cannabis Cure COVID?

Market Overview Analysis by Matthew Weller covering: GW Pharmaceuticals PLC ADR, Canopy Growth Corp, ETFMG Alternative Harvest ETF, Aurora Cannabis Inc. Read Matthew Weller's latest article on Investi

27 May 00:00 Investing.com 5710361975552439951.html
United reshuffles management as it prepares for uncertain recovery

United reshuffles management as it prepares for uncertain recovery

27 May 00:00 Investing.com 5710361975576598223.html
Day Ahead: Top 3 Things to Watch for May 28

Day Ahead: Top 3 Things to Watch for May 28

27 May 00:00 Investing.com 5710361975600859683.html
It’s A Good Idea To Ignore REITs Right Now, Despite Soaring Yields. Here's Why

Stocks Analysis by Investing.com (Haris Anwar/Investing.com) covering: Simon Property Group Inc, United States 10-Year, First Trust S&P REIT Index Fund, Brookfield Property Partners LP. Read Investing

27 May 00:00 Investing.com 5710361975655690781.html
StockBeat: Banks Take up the Baton as Cyclical Rally Continues

StockBeat: Banks Take up the Baton as Cyclical Rally Continues

27 May 00:00 Investing.com 5710361975728478821.html
Stock - Wall Street Opens Higher as Cyclicals' Recovery Gains Strength

Stock - Wall Street Opens Higher as Cyclicals' Recovery Gains Strength

27 May 00:00 Investing.com 5710361975778284186.html
S&P 500 rises on boost from bank shares

S&P 500 rises on boost from bank shares

27 May 00:00 Investing.com 5710361975849071420.html
Boeing cutting more than 12,000 U.S. jobs, thousands more planned

Boeing cutting more than 12,000 U.S. jobs, thousands more planned

27 May 00:00 Investing.com 5710361975901598992.html
S&P 500, Dow Indices On Course For Best May Performance Since 2009; USD Lags

Forex Analysis by Ashraf Laidi covering: EUR/USD, AUD/USD, USD/CAD, S&P 500. Read Ashraf Laidi's latest article on Investing.com

27 May 00:00 Investing.com 5710361975908472175.html
Opening Bell: U.S. Futures, Stocks Jump On More Stimulus, Economic Restarts

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

27 May 00:00 Investing.com 5710361975922559582.html
Chart Of The Day: Gold Could Rally No Matter Which Way Stocks Go

Commodities Analysis by Investing.com (Pinchas Cohen/Investing.com) covering: XAU/USD, Gold Futures. Read Investing.com (Pinchas Cohen/Investing.com)'s latest article on Investing.com

27 May 00:00 Investing.com 5710361976015323485.html
All 3 Detroit automakers had workers test positive for COVID-19 since plants reopened

All 3 Detroit automakers had workers test positive for COVID-19 since plants reopened

27 May 00:00 Investing.com 5710361976055736452.html
Tech reboot in store for EU as plans recovery from crisis

Tech reboot in store for EU as plans recovery from crisis

27 May 00:00 Investing.com 5710361976081911987.html
Decline in China's industrial profits slows in April, outlook still gloomy

Decline in China's industrial profits slows in April, outlook still gloomy

27 May 00:00 Investing.com 5710361976102110563.html
BoJ's bond holdings edge towards the size of Japan's economy

BoJ's bond holdings edge towards the size of Japan's economy

27 May 00:00 Investing.com 5710361976163662140.html
Asia Session: Regional Equities Mixed On Hong Kong Tension; Oil Consolidates

Market Overview Analysis by MarketPulse (Jeffrey Halley) covering: EUR/USD, GBP/USD, AUD/USD, USD/CAD. Read MarketPulse (Jeffrey Halley)'s latest article on Investing.com

27 May 00:00 Investing.com 5710361976240180364.html
Exclusive: Volkswagen in final talks to seal biggest M&A deals in China EV sector - sources

Exclusive: Volkswagen in final talks to seal biggest M&A deals in China EV sector - sources

27 May 00:00 Investing.com 5710361976311579214.html
Boeing resumes 737 MAX production at low rate

Boeing resumes 737 MAX production at low rate

27 May 00:00 Investing.com 5710361976519021891.html
With debt crunch looming, Sri Lanka needs help from its friends

With debt crunch looming, Sri Lanka needs help from its friends

27 May 00:00 Investing.com 5710361976546557872.html
Materials And Energy Dashboard - Update

Valuation metrics in basic materials and energy. Evolution since last month. A list of stocks looking cheap in their industries.

27 May 00:47 Seeking Alpha 5725634557157506780.html
West Midlands has big fintech opportunity

The West Midlands has the potential to become a major UK fintech hub if it takes an integrated approach to maximising its advantages, according to a report.

27 May 00:01 Finextra 6000504750574178480.html
Future-Proof Your KYB, KYC And Risk In One API

Data aggregation with automation has been the next big milestone the risk industry has been trying to reach.

27 May 00:00 Forbes 6028587530309227945.html
Annoying Security Line At Charlotte Airport Is Maybe A Good Sign For American Airlines

A video of a long security line at Charlotte Douglas was posted on Twitter Monday. On the negative side, the line recalled all the inconveniences of packed airports. On the plus side, same thing.

27 May 00:00 Forbes 6028587530432532546.html
Jump In Mortgage Refinancing Leads To Record-Breaking Loan Volume For Lenders

Low mortgage interest rates continue to fuel a surge in refinance activity amid the coronavirus pandemic, resulting in record-breaking loan volume for lenders.

27 May 00:00 Forbes 6028587530432887869.html
Playing Defense With Cloud Software Stocks

Cloud software companies may see an impact on one side of the equation for net retention rates or both sides of the equation – this means either fewer new customers or more churn or downgrades in existing customers or both. There are three points where weakness can occur ... READ MORE.

27 May 00:00 Forbes 6028587530468479894.html
Boeing Slashes Over 12,000 Jobs, With More Cuts Coming

The cuts come as the commercial airline industry has seen a historic fall in demand.

27 May 00:00 Forbes 6028587530527375092.html
Consider Electronic Arts Over Take Two Interactive As Demand For Gaming Increases?

The stock price for Electronic Arts is down roughly 8.5% since May 31, 2018, as the company’s business in 2019 was impacted by lower user engagement. In comparison, Take Two Interactive, best known for its NBA2K franchise, has seen its stock grow by 25.4% during the same period...

27 May 00:00 Forbes 6028587530746210739.html
Can General Electric Survive The COVID-19 Recession

General Electric’s stock (NYSE: GE) has lost over 45% of its value since the beginning of the year due to the outbreak of COVID-19. The commercial aviation industry is rattled, and GE, which manufactures aircraft engines, is no exception. Fading consumer demand, reduced discretionary spending...

27 May 00:00 Forbes 6028587530825541368.html
European Union Reveals $826 Billion Economic Stimulus Plan To Battle Coronavirus Damage

Under the proposal, the EU will issue €750 billion in government bonds and then distribute that cash to its member states through grants and loans. Nothing will happen, however, until all 27 of the EU’s member states approve.

27 May 00:00 Forbes 6028587530825767604.html
Securities Giant Leads $14 Million Investment To Bring Bitcoin To Institutions

SIX Group is not only leading the Series A, but plans to use the technology to give institutional investors in Switzerland access to regulated bitcoin investing.

27 May 00:00 Forbes 6028587530837720051.html
Boeing Resumes 737 MAX Production After Announcing Over 12,000 Job Cuts

The 737 MAX hasn't been allowed to fly since March of 2019, following deadly crashes.

27 May 00:00 Forbes 6028587530839611182.html
Most Businesses Pessimistic About Speed Of Economic Recovery, Fed Reports

Health concerns, limited childcare and expanded unemployment are making it more difficult to bring employees back to work, the Fed said.

27 May 00:00 Forbes 6028587531245464154.html
Dow Jumps 300 Points As Wall Street Bets On A Successful Reopening Of The Economy

The Dow broke above 25,000.

27 May 00:00 Forbes 6028587531666117035.html
Covid-19 May Accelerate The Digital Divide Among Banks – Digital Leaders Are In The Pole Position

COVID-19 may accelerate the trending digital divide between leaders and laggards in the banking industry, which was already becoming stark by the end of 2019. Over the next two years, this divide may drive industry restructuring and consolidation. Will laggards ever be able to catch up?

27 May 00:00 Forbes 6028587531712300448.html
Goldman Sachs Forecasts Unemployment To Peak At 25%, Remain High For Next Two Years

Widespread unemployment could linger longer than expected and slow an economic recovery.

27 May 00:00 Forbes 6028587531749228897.html
Startling Figures Reveal Extent Of Government Support For Beleaguered Economy

Figures from the government confirm it is backing loans and other support mechanisms worth tens of billions to the UK economy

27 May 00:00 Forbes 6028587531763709193.html
As Europe Unveils “green” Recovery Package, Trans-Atlantic Rift On Climate Policy Widens

The European Union is using the economic downturn to accelerate its clean energy transition. In the US, a surprise new policy that would provide relief to the oil and gas sector shows it has different priorities during the crisis.

27 May 00:00 Forbes 6028587531767801694.html
Digital Maturity Is Critical To Business Success – Now, More So Than Ever – Survey Finds

A new survey by Deloitte finds a connection between digital maturity and the financial performance of companies. Here we look at the key insights from the survey and speak with Deloitte’s chief innovation and digital officer Ragu Gurumurthy.

27 May 00:00 Forbes 6028587531853177628.html
Millions Of U.S. Jobs Are Never Coming Back From The Covid-19 Recession

“We find three new hires for every 10 layoffs caused by the shock and estimate that 42% of recent layoffs will result in permanent job loss."

27 May 00:00 Forbes 6028587531904657161.html
Research Firm: Market’s Risk Is Phenomenally High, 2nd Dive Likely

Equity Risk Science, a big-data analytics firm, created a risk measure that says the current market is still very risky and likely to take another big dive, due to the high debt levels of many large companies.

27 May 00:00 Forbes 6028587531926729682.html
Gatsby, Website-Building Startup Backed By Index Ventures, Raises $28 Million

Gatsby, a website development startup aiming to rival companies from Squarespace to Google is now valued more than $200 million after a funding round led by Index Ventures.

27 May 00:00 Forbes 6028587532108394933.html
Stocks Cut Gains, Dow Up 200 Points As Tech Shares Slide

The Dow broke above 25,000.

27 May 00:00 Forbes 6028587532114941782.html
Dow Closes Above 25,000 For First Time Since March

The S&P also broke above 3,000, its best close since March.

27 May 00:00 Forbes 6028587532265693543.html
Bitcoin Exchange Bitbuy Partners With Knox Security To Offer Full Deposit Insurance

Canadian exchange Bitbuy has partnered with the Montreal-based Knox security firm to offer its clients comprehensive insurance on their cryptocurrency deposits.

27 May 00:00 Forbes 6028587532431724178.html
The $20 billion self-driving startup Cruise is adding to its leadership team even as autonomous-vehicle companies are hitting the brakes during the pandemic

Regina Dugan, a veteran of DARPA, Google, and Facebook will be Cruise's first independent director on the company's board.

27 May 00:43 Business Insider 6060062399733954525.html
Licence Check welcomes Government guidance on working safely with vehicles

Licence Check has welcomed updated Government guidance on working safely with vehicles during the Coronavirus pandemic as more businesses look to return to work.

27 May 00:00 FleetNews 632199013239964740.html
Used cars: Leasing companies will have to ‘work harder’

Hitachi Capital Vehicle Solutions says the industry will have to ‘knuckle down’ if values are to be achieved in a post-pandemic used car market.

27 May 00:00 FleetNews 632199013736222235.html
RBNZ says the banks have $40 billion of loans on commercial property with $5 billion of that in development projects

RBNZ says the banks have $40 billion of loans on commercial property with $5 billion of that in development projects

27 May 00:38 interest.co.nz 6454226275706685365.html
Billionaire Ray Dalio is one of the world's richest hedge fund managers. Here are his best quotes on everything from the markets to meditation.

Hedge fund manager Ray Dalio who runs Bridgewater Associates is one of the world's wealthiest hedge fund managers. Dalio recently said the Amer...

27 May 23:36 Business Insider 3364799148373854014.html
Four out of five Ryanair passengers still waiting for refunds – survey

Most flights have been cancelled during the coronavirus pandemic but many passengers have struggled to get their money back.

27 May 23:04 Shropshire Star 3480199992089007767.html
REA, AfDB canvass productive energy use in rural areas

Okechukwu Nnodim, Abuja The Rural Electrification Agency, in collaboration with the African Development Bank, has called for an increase in the productive use of energy in rural communities by fa...

27 May 23:01 Punch Newspapers 3524240994427982550.html
Huge boost for International Foto Biennale

Councillors voted to give an enormous funding boost to the Ballarat International Foto Biennale in the hope a revamped event will help the city recover from the COVID-19 crisis.

27 May 23:00 The Courier 3604583735850953034.html
Bali floats travel bubble as way back for Australians

If cash-starved Bali hotel owners had their way, Australians would be heading back to the resort island as early as July.

27 May 23:37 Australian Financial Review 3974284487812747897.html
New York Gold Traders Drown in a Glut They Helped Create

The New York gold market has been flipped on its head in just a couple of months, with a scramble for the metal turning into a glut.

27 May 23:40 Bloomberg.com 4032480120684072176.html
RBA: A reminder that RBA Governor Lowe will appear before the Senate Select

At the top of the hour, we will hear from the Reserve Bank of Australia Governor Phillip Lowe who will appear before the Senate Select Committee on CO

27 May 23:59 FXStreet 4480975638752860355.html
NZ April fall largest since the filled jobs series began more than 20 years ago

New Zealand stats says total filled jobs fell 1.7% in April 2020 compared with march 2020. Job numbers fell by a record 37,500 in April 2020 amid COV

27 May 23:03 FXStreet 4480975638952978639.html
USD/JPY stays firm above 107.50 amid risk reset

USD/JPY extends the previous day’s gains while being mildly positive around 107.75 amid Thursday’s Asian session. The yen pair recently benefited from

27 May 23:42 FXStreet 4480975639546254109.html
NZD/USD ignores New Zealand Total Filled Jobs data to add gains above 0.6150

NZD/USD refreshes the intraday top to 0.6191 during the pre-Tokyo Asian session on Thursday. In doing so, the Kiwi pair ignores the recently flashed A

27 May 23:25 FXStreet 4480975639568378682.html
Boeing cuts 12,000 jobs, resumes production of grounded jet

Boeing is cutting more than 12,000 U.S. jobs through layoffs and buyouts as the coronavirus pandemic seizes the travel industry. And the aircraft maker says more cuts are coming.

27 May 23:56 KitchenerToday.com 52741010035991156.html
Boeing cutting more than 12,000 US jobs, thousands more planned

Boeing Co said on Wednesday it was eliminating more than 12,000 U.S. jobs, including 6,770 involuntary layoffs, as the largest American ...

27 May 23:30 CNA 5644198862714215360.html
All 3 Detroit automakers had workers test positive for COVID-19 since plants reopened

In the week since U.S. auto factories reopened after coronavirus lockdowns, workers at all three Detroit automakers have tested positive for ...

27 May 23:55 CNA 5644198862784184666.html
All three Detroit automakers had workers test positive for COVID-19 since plants reopened

In the week since U.S. auto factories reopened after coronavirus lockdowns, workers at all three Detroit automakers have tested positive for ...

27 May 23:55 CNA 5644198863239673217.html
UK tells EU: Break the Brexit 'impasse' so we can do trade deal

Britain told the European Union on Wednesday it needed to break a fundamental impasse to clinch a Brexit trade deal by the end of the year and ...

27 May 23:02 CNA 5644198863253476265.html
Boeing cutting more than 12,000 US jobs, thousands more planned

Boeing Co said on Wednesday it was eliminating more than 12,000 U.S. jobs, including 6,770 involuntary layoffs, as the largest American ...

27 May 23:30 CNA 5644198863660961635.html
Boeing cutting more than 12,000 US jobs with thousands more planned

Boeing Co said Wednesday it was eliminating more than 12,000 U.S. jobs, including laying off 6,770 U.S. workers as the largest American ...

27 May 23:30 CNA 5644198863980772884.html
Big 5 Sporting Goods Corporation (BGFV) CEO Steve Miller on Q1 2020 Results - Earnings Call Transcript

Big 5 Sporting Goods Corporation (NASDAQ:BGFV) Q1 2020 Earnings Conference Call May 27, 2020 05:00 PM ET Company Participants Steve Miller - President and CEO B

27 May 23:55 Seeking Alpha 5725634557114700800.html
Hershey: Strong Cost Advantages Will Power The Company Forward

Hershey has experienced steady growth over the years due to its large market share in the United States. The company has shown a willingness to innovate in onli

27 May 23:58 Seeking Alpha 5725634557154745828.html
Coronavirus Stock Market Bargains: Xerox Stock

Xerox stock has lost $4.5B of value in the recent selloff. Forward-looking estimates indicate that only $2.7B of value loss was warranted. XRX has poor price mo

27 May 23:45 Seeking Alpha 5725634558071798766.html
Four out of five Ryanair passengers still waiting for refunds – survey

Most flights have been cancelled during the coronavirus pandemic but many passengers have struggled to get their money back.

27 May 23:04 Jersey Evening Post 6141642774592729810.html
ESRI warns against austerity measures in short-term as economy heals from the pandemic

The think-tank has sketched the likely impact of the virus across a range of Irish economic indicators.

27 May 23:05 TheJournal.ie 6446904418839150094.html
Although auction numbers are still well down on where they were at this time last year, the sales ratio is higher

Although auction numbers are still well down on where they were at this time last year, the sales ratio is higher

27 May 23:22 interest.co.nz 6454226275515991863.html
Statistics New Zealand says job numbers fell by 37,500 in April, the biggest volume and percentage fall since its 'filled jobs series' began in 1999

Statistics New Zealand says job numbers fell by 37,500 in April, the biggest volume and percentage fall since its 'filled jobs series' began in 1999

27 May 23:50 interest.co.nz 6454226275921562587.html
News Corp shuts down more than 100 print titles, hundreds of jobs to go

News Corp has confirmed its plans to axe hundreds of jobs as it moves to a digital-focused future.

27 May 23:05 WAtoday 6806590898799393206.html
Torstar’s family trust sells near market bottom

After rejecting a series of higher bids, the five families are selling voting control of the 128-year-old company for $6-million

27 May 23:55 The Globe and Mail 68426410477340995.html
Trading strategy losses hurt banks’ capital markets profit

The Bank of Montreal and the Royal Bank of Canada reported worse than expected results due to market volatility

27 May 23:28 The Globe and Mail 68426411303588745.html
Alberta mulls bill that would limit energy project approval time

The bill is part of a continuing government evaluation of the Alberta Energy Regulator, which the United Conservatives say is crucial to speeding up project approvals in the province

27 May 23:18 The Globe and Mail 68426411545864478.html
Too early to celebrate value comeback

Via the excellent Damien Boey at Credit Suisse:

27 May 23:50 MacroBusiness 6890797930112182680.html
Four out of five Ryanair passengers still waiting for refunds – survey

Most flights have been cancelled during the coronavirus pandemic but many passengers have struggled to get their money back.

27 May 23:03 Express & Star 7324224460057326290.html
Coronavirus Refunds: AT&T DirecTV Customers Will Receive Credits For Sports Subscriptions

The DirecTV business of AT&T is providing MLS Direct Kick and MLB Extra Innings subscribers with credits for payments they have made for their plans.

27 May 23:44 PYMNTS.com 7357138825089927216.html
Private/Public Partnerships Could Boost Central Bank Digital Currencies

About 80 percent of 66 central banks queried by the Bank of International Settlements (BIS) are working on central bank digital currencies (CBDC).

27 May 23:12 PYMNTS.com 7357138826313831728.html
Major markets in Sekondi-Takoradi to be closed over surge in coronavirus numbers

Major markets in the Sekondi-Takoradi metropolis are expected to be closed down today for disinfection due to the rise in COVID-19 numbers in the region.

27 May 00:00 GhanaWeb 9132111495824334508.html
Nord Stream 2 Operator Says Sanction Threats Are Discrimination Against European Companies

MOSCOW (Sputnik) - Threats to impose sanctions against the Nord Stream 2 gas pipeline project are discrimination against European companies, the project operator, Nord...

27 May 00:39 Sputniknews 967333869455945339.html
Top 10 biz headlines: Recession, Nasdaq listing for Jio Platforms, and more

Here are the top 10 business headlines on Wednesday morning

27 May 01:51 Business-Standard 1502508925537230841.html
Investor “Bullish” on News That a 2009 Bitcoin Miner Still Trusts BTC’s Roadmap

It's been an interesting past few weeks for Bitcoin. First, there was the halving. Then an early miner from 2009 initially believed to be Satoshi Nakamoto

27 May 01:00 Bitcoinist.com 1696346936400411138.html
Virgin bidder Cyrus plans to keep airline as full-service Qantas competitor

The Richard Branson-linked investment fund has said it wants to maintain Virgin Australia as a full-service international airline if it wins the race for the collapsed carrier.

27 May 01:47 Brisbane Times 2314609339119293487.html
Media company Torstar to go private after sale to NordStar Capital in $52M deal

NordStar Capital LP, a private firm owned by businessmen Paul Rivett and Jordan Bitove, plans to take Torstar private

27 May 01:47 Financial Post 2379081493595777313.html
The Sector Back From the Grave

While the S&P has been soaring, there's one sector (other than tech) that's crushing it ... and you probably haven't been paying it any attention.

27 May 01:25 InvestorPlace 24614509749998353.html
Immigration recruitment: Ex-minister, fugitive businessman know fate tomorrow

Justice Nnamdi Dimgba of the Federal High Court, Abuja will decide on Thursday whether Patrick Abba Moro, Drexel Global Tech Limited ...

27 May 01:43 Latest Nigeria News, Nigerian Newspapers, Politics 2658445900309535468.html
IndiGo flier tests positive after landing in Coimbatore

"No one else was seated in his vicinity, significantly reducing the possibility of transmission... The operating crew has been home quarantined for 14 days and we are in the process of notifying other passengers as per the government guidelines," the airline said.

27 May 01:56 The Indian Express 2885715104280232038.html
Singapore Fortitude Budget: S$2b to create 100,000 jobs, traineeship, training opportunities

SINGAPORE, May 27 — The Singapore government will set aside about S$2 billion (RM6.12 billion) to create nearly 100,000 jobs, traineeships and training opportunities, as part of the Fortitude Budget announced by Deputy Prime Minister Heng Swee Keat yesterday. These will come under an SGUnited...

27 May 01:26 Malaymail 302165935081595087.html
New York governor floats infrastructure projects to reboot economy

NEW YORK, May 27 — New York Governor Andrew Cuomo yesterday floated a number of major infrastructure projects to reboot the US economy post-pandemic, saying he would raise the issue at a meeting today with President Donald Trump. “Let's do something creative, let's do it fast. Let's put...

27 May 01:44 Malaymail 302165935406729992.html
US dollar edges higher as US, China worries resurface

TOKYO, May 27 — The US dollar edged higher today as worries about the US response to China's proposed security law for Hong Kong supported safe-haven demand for the greenback. The euro held gains against the dollar and the pound but faces a severe test when the European Commission is expected to...

27 May 01:19 Malaymail 302165936391153154.html
Petrol sold above N130 in 17 states, says NBS

’Femi Asu Despite the reduction in the price of petrol to N125 per litre, the product was sold above N130 per litre in 17 states in April, according to the National Bureau of Statistics. Followin...

27 May 01:32 Punch Newspapers 3524240994105698149.html
Spark chairman takes aim at govt intervention

Endless reviews, regulatory changes and government interventions into the energy space risk derailing Spark's track record of long-term stable returns, chairman Doug McTaggart told shareholders.

27 May 01:33 Australian Financial Review 3974284486621849312.html
NZ facing worst downturn in 160 years: central bank

If tough restrictions are re-imposed unemployment could rise to 18 per cent and banks would need to raise capital, the Reserve Bank of New Zealand warns.

27 May 01:35 Australian Financial Review 3974284486674018620.html
The book you need if you want to understand China right now

As China-US relations deteriorate, a new book argues Washington and its allies should engage with Beijing instead of provoking it.

27 May 01:01 Australian Financial Review 3974284487030729001.html
Japara flags major impairment,says conditions are tough

The aged care provider says so far it has no cases of COVID-19 with residents, but one staff member in a home contracted the virus. It has suspended its brownfield and greenfield development programs given the difficult outlook.

27 May 01:00 Australian Financial Review 3974284487077102771.html
Warner IPO music to Blavatnik’s ears

Warner’s shares are only decent value for investors willing — like so many aspirant musicians — to cede control to a managerial Svengali.

27 May 01:30 Australian Financial Review 3974284487347293477.html
Why quant legend says it's 26 days to a new normal

A new measure of how long investors see the COVID crisis lasting from quant legend Dan diBartolomeo neatly tells the story of growing optimism.

27 May 01:11 Australian Financial Review 3974284488066672134.html
AUD/JPY: Bears getting set for potential major sell-off

AUD/JPY has extended the upside for a more mature shorting opportunity. This trade is now offering a discount for bears seeking to take advantage of t

27 May 01:08 FXStreet 4480975638072095027.html
NZD/USD remains on hunt for break above 0.62 after China Industrial Profits data

NZD/USD is eyeing a clear break above the psychological hurdle of 0.62, having found bids near 0.6179 in early Asia and violated the resistance of the

27 May 01:47 FXStreet 4480975638387101247.html
Silver Price Analysis: Bounces from $17.00, Wednesday's close pivotal

Silver is currently trading near $17.20 per ounce, representing a 0.65% gain on the day, having defended the psychological support of $17.00 during th

27 May 01:20 FXStreet 4480975638764673649.html
N.L. warns of exodus of oil and gas industry without more federal help

ST. JOHN'S, N.L. — Newfoundland and Labrador's government is looking for a rapid answer from Ottawa on its request for aid for the offshore oil sector in light of a quickening exodus of exploration rigs from the province.

27 May 01:10 KitchenerToday.com 52741009920172224.html
Aussies are heading back to shopping centres in high numbers as coronavirus restrictions start to ease, according to new data

More people are heading into shopping centres as coronavirus restrictions ease in Australia.

27 May 01:52 Business Insider Australia 5575934301531726238.html
France unveils US$8.8b plan to revive auto sector through electric cars

ETAPLES, France: President Emmanuel Macron on Tuesday (May 26) announced an 8-billion euro (US$8.8 billion) plan to revive France's auto industry ...

27 May 01:52 CNA 5644198862532720374.html
JPMorgan CEO: bank will again boost credit reserves in second quarter

JPMorgan Chase & Co Chief Executive Officer Jamie Dimon said on Tuesday that he expects the bank to take another significant credit reserve build ...

27 May 01:30 CNA 5644198863879030234.html
With quarantine norms revised, Indian returnees must be refunded part of their advance by hotels: Centre

India News: NEW DELHI: Indian returnees from abroad who had paid hotels in advance for their 14-day quarantine stay but can now leave after seven days under revis.

27 May 01:09 The Times of India 6060938663977964024.html
It’s increasingly clear our tough road ahead has no end in sight

There’s no indication of when businesses will be able to reopen again, and it may be that we are entering the Dark Twenties

27 May 01:01 The Globe and Mail 68426410190625851.html
Here’s Why Bitcoin Could See a Bloodbath Decline to the $5,000 Region

Analysts are noting that Bitcoin's HTF outlook favors sellers, with one even noting that the crypto could soon be trading within the $5,000 region.

27 May 01:00 NewsBTC 7232133509630932334.html
Bitcoin Daily: Australia’s RMIT To Offer Grad Certificates In Blockchain Business, Cybersecurity

RMIT Online unveiled postgraduate programs in blockchain and cybersecurity, as predictions indicate Australia will need 18,000 more of these workers by 2026.

27 May 01:38 PYMNTS.com 7357138825653968994.html
Economy may contract by over 40% in Q1: SBI Research

SBI Research estimates the economy will contract by 6.8 per cent in FY21.

27 May 01:50 The Economic Times 7653256037287798771.html
Auto companies stare at bleak wholesale numbers in May

After zero sales in April, auto companies are going through a dull May.

27 May 01:45 The Economic Times 7653256038018768792.html
Property professionals must see technology as an opportunity, not a threat

Over the past 10 weeks, digital platforms have played a key role in sector

27 May 01:00 The Irish Times 8204772968808444735.html
South Dublin office investment sells for €1.35m

Private investor in line for 6.73% yield from purchase of fully let Sandyford property

27 May 01:00 The Irish Times 8204772969258033606.html
Amtrak requests additional $1.5B in federal funding for coronavirus relief

May 26 (UPI) -- Passenger railroad service Amtrak on Tuesday asked Congress for an additional $1.5 billion in federal funds to help it maintain operations amid the effects of the COVID-19 pandemic.

27 May 01:59 UPI 8257973864457788238.html
Amazon in advanced talks to buy self-driving startup Zoox: WSJ

(Reuters) - Amazon.com Inc (AMZN.O) is in advanced talks to buy self-driving startup Zoox Inc, in a move that would expand the e-commerce giant's reach in autonomous-vehicle technology, the Wall Street Journal reported on.wsj.com/36wXJUV on Tuesday.

27 May 01:20 Reuters 8334514181531918517.html
'Our greatest challenge': How to rebuild the ACT's virus-struck economy?

As business start to reopen and the ACT takes its first tentative steps on the road to recovery, The Canberra Times canvassed the views of politicians, academics, economists and industry groups on the best approach to rebuilding the economy.

27 May 01:30 The Canberra Times 8662394328211028113.html
Boeing slashes 12,000 jobs as virus seizes travel industry

Boeing is slashing around 10 per cent of its workforce, and the aircraft maker says more cuts are coming.

27 May 19:56 WAtoday 6806590900243417561.html
Government may need to pump $20 billion into coronavirus-hit state banks: Report

MUMBAI/NEW DELHI: India may need to inject up to Rs 1.5 lakh crore ($19.81 billion) into its state-owned lenders as … Government may need to pump $20 billion into coronavirus-hit state banks: Report Read More »

27 May 19:51 ISSCNC 6824315490127125518.html
Four Reasons Why Digital Security (Security Token) Liquidity Has Lagged

How fundamental misunderstandings about the function, behavior, and purpose of digital securities have stymied the path to liquidity -- but there is hope...

27 May 19:07 Crowdfund Insider 6834688073383273222.html
Ukrainian airline switches to cargo to weather COVID crisis – media

The impact of the novel coronavirus pandemic on the airline industry has prompted several carriers to seek state aid.

27 May 19:50 UNIAN 6863008970994498227.html
Fed says pandemic inflicted most ‘severe’ damage on travel sector

Beige Book report on economic conditions shows activity fell sharply in most parts of US

27 May 19:13 Ft 707176888007741742.html
China puts GDP target on history's ash pit

The ruling party abandons the material growth standard of gross domestic product. Now, like many nations, it struggles to define progress in alternative ways.

27 May 19:13 Yahoo 7097669637747319320.html
First Las Vegas casinos to reopen on the Strip are revealed

Vegas is betting that it’s time to reopen.

27 May 19:53 Fox News 7362823821315549713.html
McGuinness says Ireland will “fight for its fair share” of EU recovery fund

Ireland’s Vice President of the European Parliament has insisted the country will “fight for ...

27 May 19:35 Newstalk 7635722259140990902.html
Covid impact: Big restaurants may walk out of malls to high streets

Some marquee brands are looking at moving back to streets from malls because of Covid-19.

27 May 19:37 The Economic Times 7653256037863113442.html
Germany to lift virus-related travel warning for EU countries from June 15

A government source said on Tuesday that the step would also include non-EU member states Britain, Iceland, Norway, Switzerland and Liechtenstein. This would open the way to separate pieces of advice on travel for given regions.

27 May 19:09 The Economic Times 7653256037881596114.html
Megabus will resume service in and out of NYC next week

Megabus will resume its budget bus service between New York City and Philadelphia, Baltimore and Washington, D.C. next week, the company announced. Even as the Big Apple remains on coronavirus

27 May 19:59 New York Post 7654946768702045655.html
Used car sales recover after COVID-19 lockdowns

Many wholesalers either weren’t trading-in cars, or were making low offers amid market uncertainty, but the used market is now showing signs of recovery.

27 May 19:46 CarAdvise 772235094793679530.html
Toyota tops the list, Tesla climbs the ranks in Australia's most trusted car brands

The automotive industry is the fifth most-trusted business sector in Australia, but buyers have more faith in some brands over others.

27 May 19:38 CarAdvise 772235095214716099.html
General Electric is selling off its home lighting business after nearly 130 years

After cycling through multiple CEOs, each with their own priorities, the company now has its hands in several different industries, ranging from aviation to healthcare to venture capital and finance.

27 May 19:19 TechSpot 7732733961426906382.html
Amazon is in advanced talks to purchase self-driving vehicle start-up Zoox

Amazon is reportedly in advanced talks to purchase self-driving vehicle start-up Zoox. Sources familiar with the matter tell The Wall Street Journal that the deal would value the company under $3.2 billion, the valuation its 2018 round of funding was based on.

27 May 19:53 TechSpot 7732733961468649196.html
China ready for looming financial war initiated by US

China should prepare for a potential financial showdown with the US, as the Trump administration appears to be waging a financial war on China, with crackdowns on US-listed Chinese companies and threats of sanctions over national security legislation for the Hong Kong Special Administrative Region (HKSAR), financial sector experts said on Thursday.

27 May 19:03 Global Times 7829414521474594468.html
Boeing slashes 12,000 jobs as virus seizes travel industry

Boeing is slashing around 10 per cent of its workforce, and the aircraft maker says more cuts are coming.

27 May 19:56 The Age 7967730562778155481.html
Trade from North to Great Britain will be ‘99.9%’ unfettered, says Gove

No pushback from EU on British government interpretation of protocol, minister tells MPs

27 May 19:28 The Irish Times 8204772968863612079.html
Here’s why 3 Wall Street analysts just boosted their Apple price targets

A slew of Wall Street analysts boosted their Apple price targets this week, citing increased demand for iPhones, store reopenings, and services as reasons that the tech giant is poised to gain.

27 May 19:52 Business Insider Malaysia 8325046882247303590.html
These 5 ‘stay at home’ stocks are getting pounded as the US economy reopens

A group of popular “stay at home” stocks are slumping as investors cheer the US economy reopening.

27 May 19:49 Business Insider Malaysia 8325046882797806139.html
Micron climbs 6% after boosting sales guidance by more than expected

Micron climbed 6% on Wednesday after the company raised its fiscal third quarter revenue guidance, according to an 8-K filing with the Securities and Exchange Commission.

27 May 19:16 Business Insider Malaysia 8325046883761883595.html
Italy PM meeting with allies fails to break Atlantia deadlock

ROME (Reuters) - A meeting between Italy’s Prime Minister Giuseppe Conte and coalition allies on Wednesday to try settle a row over Atlantia’s motorway business yielded no progress, two government sources said.

27 May 19:06 Reuters 8334514181469635365.html
F1 to have sliding development scale, $145m budget cap from 2021

Formula One's post-coronavirus future took shape on Thursday after racing's governing body, the FIA, ratified several unprecedented measures in the technical and financial regulations.

27 May 19:08 ESPN 8538773402995142360.html
Virus sparks record drop in energy investment: IEA

The energy industry is set to suffer a record drop in investment due to the coronavirus fallout, the IEA said on Wednesday, and while renewables are likely to fare better than oil, any swift economic recovery could create a global fuel crunch. In its annual report on energy investments, the…

27 May 19:56 Japan Today 8582716285809425117.html
Canadian court arrives at decision for Huawei's CFO, Meng Wanzhou

In December 2018, Meng Wanzhou, Huawei's CFO, was arrested in Canada at the request of the United States. Today, a court in Canada has finally made its decision about what should happen.

27 May 19:16 Neowin 8633418616404196620.html
Bitstamp Unveils British Pound Trading vs Fiat and Cryptocurrencies

Bitstamp, one of the largest crypto platforms in Europe, has announced its plans of supporting a new set of digital assets after adding the pound sterling trading .

27 May 19:43 Finance Magnates 8992138266176766021.html
Huawei CFO is one crucial step closer to being extradited to the US

A Canadian court has ruled that Huawei's financial chief Meng Wanzhou is eligible for extradition.

27 May 19:40 Engadget 96641516491000440.html
Industry body proposes Rs 50,000 crore fund, declaring FY21 tourism tax free

In a letter to Tourism Minister Prahlad Singh Patel, FAITH Chairman Nakul Anand has said that viable tourism business will not restart for almost 15 months after the lockdown is lifted

27 May 20:29 Business Today 1145527430694021089.html
ALEX BRUMMER: Landlords take a brutal beating... and the recovery is not going to be easy

Amid the constant tussle between commercial landlords and retailers it is the property owners who are often portrayed as villains. Traditional bugbears play their part in this.

27 May 20:51 Mail Online 124328110852458607.html
RIL-RE price jumps 11% on Day 5 on high volumes

RIL-RE continued to command a healthy premium over its intrinsic value in its fifth trading session with healthy volumes.

27 May 20:23 The Financial Express 1288289579575836385.html
ICRA expects muted participation in spectrum auction, sees industry debt rising

It said the upcoming spectrum auctions are expected to see "muted" or "modest" participation, fetching around Rs 55,000-60,000 crore to the exchequer.

27 May 20:40 The Financial Express 1288289580555832775.html
50 per cent job seekers enhancing skills in lockdown for better career opportunities: Survey

The country imposed a nationwide lockdown on March 25 to contain the coronavirus pandemic that has been extended thrice to May 31.

27 May 20:03 The Financial Express 1288289580561145535.html
‘Atma Nirbhar’ MSMEs: How govt measures will enable them for long-term sustainability, profitability

Ease of doing business for MSMEs: In current times, where the mere survival of the MSME sector is at stake, Atma Nirbhar Bharat Abhiyan intends to address the needs of the MSME sector.

27 May 20:21 The Financial Express 1288289581011867980.html
ED attaches JP Morgan assets worth Rs 187 cr, MNC in SC denies wrong doing in Amrapali case

The firm, JP Morgan India on other hand denied any wrong doing and said that attachment of properties by the Enforcement Directorate is blatantly illegal as it was not part of any kind of financial dealing with Amrapali Group and it was JP Morgan Singapore and Mauritius which had allegedly invested in the real estate group.

27 May 20:32 The Financial Express 1288289581536180395.html
Govt to discontinue 7.75% taxable savings bonds scheme from May 28

The bonds were issued in January 2018 for residents and Hindu Undivided Family (or HUF) members, and became instantly popular.

27 May 20:32 Business-Standard 1502508924982689384.html
Approval rating for Modi govt 2.0 falls to 62% from 75% last year: Survey

The government's handling of the Covid-19 pandemic, however, got the highest approval rating

27 May 20:46 Business-Standard 1502508925037485201.html
Indices post biggest jump in 7 weeks on banking stocks rally, global cues

Sensex gains 996 points as banking stocks rally

27 May 20:07 Business-Standard 1502508925574641258.html
Govt extends Bharat Petroleum privatisation bid deadline to July 31

Any private company having a net worth of $ 10 billion is eligible for bidding and consortium of not more than four firms will be allowed to bid

27 May 20:13 Business-Standard 1502508925619036142.html
Germany based Digital Bank N26 Publishes Survey Results Including US and European Markets

N26, a Germany-based digital bank that recently closed on $100 million funding as part of an extended Series D, is distributing survey results regarding the US

27 May 15:50 Crowdfund Insider 6834688072461925641.html
Global stocks rise as lockdown measures ease further

Stock markets rose on Wednesday as more easing of coronavirus lockdowns created a positive buzz on trading floors, analysts said.

27 May 15:53 Yahoo 7097669637759266365.html
Coronavirus: Punjab Govt to Decide on Lockdown Extension on May 30

Chief Minister Captain Amarinder Singh will hold a review meeting with the departments concerned on the overall coronavirus situation in the state on May 30 and then will announce the government's decision on lifting or further extending lockdown for a longer period.

27 May 15:48 India News, Breaking News, Entertainment News | India.com 7150386083405329352.html
Pub jobs at risk unless social distancing is cut to one metre, trade groups warn

Expecting pubs to contribute to furlough costs whilst they are still closed is ‘madness’, Chancellor told.

27 May 15:34 Express & Star 7324224459870183540.html
Will Uncle Sam Soon Pay Companies To ‘Reshore’ Factories Back To America?

Will the U.S. government pay American companies to "near shore" supply chains, incentivizing a pivot away from China?

27 May 15:25 PYMNTS.com 7357138826488471523.html
SBI extends moratorium on loans by three months

Earlier, Reserve Bank of India (RBI) had on May 22 announced the extension of moratorium by another three months.

27 May 15:01 DNA India 7533428662133614720.html
Central Bank reports €2.5bn profit for last year

The Central Bank is reporting a profit of over €2.5bn for last year – with just over €2bn o...

27 May 15:04 Newstalk 7635722258552095544.html
April manufacturing IIP to contract by 50-60 per cent: Report

"We believe IIP manufacturing and IIP in April will contract by 50% -60% with some improvement in May in the range of -30% to -35%" said the SBI report released on Wednesday. Official release of IIP numbers for April are scheduled to be released in the second week of June.

27 May 15:25 The Economic Times 7653256036564285574.html
India may need to pump $20 billion into coronavirus-hit state banks: Sources

The government initially considered a budget of around 250 billion rupees for bank recapitalisations but that has risen significantly, a senior government source with direct knowledge of the matter said, with loan defaults likely to rise as businesses take a severe hit from nationwide lockdowns to tackle the coronavirus.

27 May 15:23 The Economic Times 7653256037613085581.html
Indian Banks may need $20-50 bn capital over next 1-2 years as bad loans set to rise

Fitch Ratings has pegged the total capital requirement for India's banking sector at $50 billion.

27 May 15:23 The Economic Times 7653256038267009771.html
Food industry can weather global economic shock: BKPM

Domestic investment dominates the industry, with Rp 7.3 trillion (US$494.6 million) from January to March this year, compared to $298 million in foreign direct investment (FDI) in the same period.

27 May 15:21 The Jakarta Post 7678601102520566215.html
UK lockdown drives fastest growth in grocery sales for over 25 years

United Kingdom grocery sales rose by 14.3 percent during the 12 weeks to May 17, the fastest rate since comparable records began in 1994.

27 May 15:46 The Jakarta Post 7678601102676200056.html
Tesla slashes EV prices by as much as six percent in North America

Tesla has slashed the price of its electric vehicles by as much as six percent in North America due to waning demand caused by the ongoing Covid-19 pandemic.

27 May 15:32 TechSpot 7732733961177025031.html
China's top political advisory body starts closing meeting of annual session

The third session of the 13th National Committee of the Chinese People's Political Consultative Conference, China's top political advisory body, started its closing meeting on Wednesday.

27 May 15:08 Global Times 7829414521537492883.html
Examinership case hears of 14 'credible' expressions of interest in firm behind Joe.ie

An examiner has been appointed by the High Court to come up with a survival plan for a digital media company behind Joe.ie.

27 May 15:27 Irishexaminer 8196011178456631943.html
Court hears 14 ‘credible’ expressions of interest in Joe.ie company

Examiner appointed to Maximum Media Network

27 May 15:17 The Irish Times 8204772967387645408.html
Two coronavirus-related deaths reported in North

Number of fines for breaches of social distancing guidelines drops by 90%

27 May 15:52 The Irish Times 8204772967937129630.html
Boeing will lay off nearly 7,000 workers as the industry is decimated by the COVID-19 pandemic

Boeing said on Wednesday that it will lay off 6,770 US employees, “the first” wave of an expected round of job cuts as the coronavirus pandemic wreaks havoc on the aerospace sector.

27 May 15:32 Business Insider Malaysia 8325046882334010393.html
A ‘capital war’ is accelerating between the US and China, and the coronavirus pandemic is only making it worse, according to one investor

The coronavirus pandemic has accelerated a trade, technology, and capital war between the US and China, according to Michael Howell, CEO of CrossBorder Capital.

27 May 15:54 Business Insider Malaysia 8325046882396106208.html
The coronavirus crisis will be ‘hugely beneficial’ to Amazon and other tech giants, billionaire investor Bill Ackman said

Stocks may be outperforming because US technology titans are poised to become even more dominant thanks to the coronavirus pandemic, billionaire investor Bill Ackman told The New York Times earlier this month.

27 May 15:33 Business Insider Malaysia 8325046882741105089.html
68% of newly unemployed American workers could earn more money from government benefits than they did from their pre-pandemic jobs, research claims

More than two-thirds of American workers who have filed for unemployment during the coronavirus are likely earning more from government insurance than they were when they had a job, according to research published by the National Bureau of Economic Research this week.

27 May 15:22 Business Insider Malaysia 8325046884194066591.html
Nokia veteran Sari Baldauf takes over as 5G battle rages

HELSINKI (Reuters) - Sari Baldauf took over as chairwoman of telecoms equipment maker Nokia (NOKIA.HE) on Wednesday, succeeding Risto Siilasmaa who chaired the Finnish firm for eight years.

27 May 15:42 Reuters 8334514180814017020.html
Carlyle-backed ZoomInfo looks to raise about $800 million in Nasdaq listing

(Reuters) - ZoomInfo Technologies Inc expects to raise up to $801 million in its U.S. initial public offering (IPO), as the market for new issues rebounds after the COVID-19 pandemic put several debuts on hold for a couple of months.

27 May 15:06 Reuters 8334514181398803404.html
Tuesday Morning becomes 5th big retailer to file Chapter 11

Discount goods retailer Tuesday Morning has filed for Chapter 11 bankruptcy protection, the fifth major retailer to do so since the pandemic.

27 May 15:02 ABC15 Arizona 911680911435877852.html
Our state needs to improve COVID spending transparency to increase public trust

Transparency and accurate information are needed to maintain trust in states' virus response programs. Gov. Jay Inslee must proactively disclose more details of Washington's COVID-19 spending.

27 May 15:04 The Seattle Times 9121942838137884678.html
EU to Propose €750bn Covid Recovery Package to Tackle 'Unprecedented Crisis'

The plan comes as the 27-member bloc faces the prospect of a deep EU-wide recession. Nearly all member states have breached EU deficit limits as they have rushed to...

27 May 15:10 Sputniknews 967333867800353137.html
Chinese and French State-owned Enterprises Bid to Construct UK's Second Nuclear Reactor in UK

As the United Kingdom looks to revive its economy as it emerges from the coronavirus pandemic and pursues trade agreements after formally withdrawing from the European...

27 May 15:48 Sputniknews 967333868873270002.html
The lockdown can hurt ISPs – Depending on the impact in the coming months

The ISP industry is one of the least impacted by the lockdown, but concerns remain over the long-term economic impact of the COVID-19 pandemic.

27 May 00:00 MyBroadband 3036103788777661129.html
Lockdown restrictions on SA Post Office relaxed

Acting Minister of Communications and Digital Technologies Jackson Mthembu has lessened the regulations that were imposed upon the Post Office.

27 May 00:00 MyBroadband 3036103788814596198.html
Electric vehicle makers battle the COVID-19 pandemic

Global EV sales will shrink this year, falling 18% to about 1.7 million units, according to BloombergNEF.

27 May 00:00 MyBroadband 3036103788927114446.html
Reliable fibre connectivity will shape workplaces of the future

The COVID-19 lockdown has shown that the successful transition to virtual offices of the future will require extensive investment in digital infrastructure such as fibre.

27 May 00:00 MyBroadband 3036103788940979487.html
TikTok owner made over R52 billion net profit last year – Report

TikTok’s parent ByteDance Ltd. generated more than $3 billion of net profit on over $17 billion in revenue last year, figures that show the world’s most valuable startup is still growing at a brisk rate, according to people familiar with the matter.

27 May 00:00 MyBroadband 3036103788954014897.html
Digital strategies key for retail to survive a shifting consumer landscape

The world is in unchartered territory and as many businesses face the harsh reality of lockdown, we are beginning to accept that jobs will be lost, orders will be cancelled, and many doors will not be reopened.

27 May 00:00 MyBroadband 3036103789284873590.html
MediaWorks staff to hear details of proposed redundancies

The radio arm of MediaWorks is meeting with staff today about proposed redundancies. On Monday it announced 130 jobs in its sales and radio...

27 May 00:00 Otago Daily Times Online News 3107042078533367242.html
Arthritis company Promisia pivots into Chch aged care sector

Medical company Promisia Integrative hopes to turn its core business to the aged care sector and acquire three facilities in the North Island and...

27 May 00:00 Otago Daily Times Online News 3107042078681826960.html
Green Cabs in liquidation, jobs cut

Nation-wide taxi company Green Cabs has gone into liquidation, reportedly cutting 160 jobs. This story was first published by RNZ Palliser...

27 May 00:00 Otago Daily Times Online News 3107042079124591230.html
Green Cabs in liquidation, jobs cut

Taxi company Green Cabs has gone into liquidation, reportedly cutting 160 jobs. This story was first published by RNZ Palliser Insolvency's Heath...

27 May 00:00 Otago Daily Times Online News 3107042080495628284.html
National News: Motorsport UK plans for motorsport to begin again on 4 July

Motorsport UK intends for national motorsport to resume in Britain from 4 July and, from the start of next month, will allow organisers to begin applying for event permits again

27 May 00:00 Autosport 3695548570676341907.html
Good Works: Tencent and Universal Team Up on Charity PPE Distribution

In early April, several days after Tencent Holdings closed its deal to buy a 10 percent stake in Universal Music Group along with a consortium of investors, Tencent Chief Strategy Officer James Mitchell called Universal Executive Vice President of Communications Will Tanous with an idea.

27 May 00:00 Billboard 3719329426056731841.html
Ultra Music Fest Hit With a Class Action Over Refusal to Issue Ticket Refunds

Two Florida residents are suing Ultra Music Festival for refusing to give refunds for their 2020 cancelled electronic music festival.

27 May 00:00 Billboard 3719329426129996125.html
Ryman Hospitality Backs Out of Deal to Purchase Austin City Limits Property

Ryman Hospitality has backed out of a $283 million deal to purchase a mixed-use property that includes the 2,500-seat Austin City Limits Live at the Moody Theater.

27 May 00:00 Billboard 3719329426450330401.html
Sony/ATV Promotes Peter Brodsky to General Counsel, EVP Business Affairs

Sony/ATV Music Publishing has promoted Peter Brodsky to general counsel to compliment his longtime role as executive vp, business affairs at the Sony Music company.

27 May 00:00 Billboard 3719329426488353074.html
Administrators deny South African Airways set to start flying

JOHANNESBURG (Reuters) – Administrators for state-owned South African Airways (SAA) said on Wednesday the airline is not aiming to resume domestic flights from mid-June, rejecting a statement from the airline a day earlier.

27 May 00:00 The Zimbabwe Mail 3765424161335411329.html
World economic prospects darken, rebound delayed – Poll

BENGALURU (Reuters) – Economic prospects for the developed world this year have darkened again in the past month as the coronavirus pandemic has rolled from Asia to the Americas, with a V-shaped sharp recovery expected by less than one-fifth of economists polled by Reuters.

27 May 00:00 The Zimbabwe Mail 3765424161539600660.html
Stock markets mixed as China-US tensions return to fore

Equities were mixed Wednesday as profit-taking and worries about deteriorating China-US relations were weighed against optimism over the gradual reopening of economies around the world.

27 May 00:00 The Zimbabwe Mail 3765424161575214764.html
She is the World’s highest paid woman CEO

Lisa Su of Advanced Micro Devices is the first woman ever to top The Associated Press’ annual survey of CEO compensation: Her 2019 pay package was valued at $58.5 million following a strong performance for the company’s stock during her five years as CEO.

27 May 00:00 The Zimbabwe Mail 3765424162098794746.html
Administrators rule out mid-June return for SAA flights

Without approval of practitioners, SAA announced its planes would be back in the skies.

27 May 00:00 The East African 3857388831469790303.html
How China’s tensions could be good for Hong Kong’s stock exchange

Beijing’s planned imposition of a national security law has sparked renewed protests in the territory. But prospects for the HKEX are brighter than they might at first seem.

27 May 00:45 Australian Financial Review 3974284486690748801.html
Boeing Job Cuts to Start Hitting Seattle-Area Workers This Week

Boeing Co. is poised to unveil deep job cuts to its Seattle-area engineering ranks this week as the planemaker shrinks its workforce to cut costs amid the sharpest contraction in aviation history.

27 May 00:31 Bloomberg.com 4032480121597691943.html
Amtrak Plans Deep Workforce Cuts Ahead of Slow Pandemic Recovery

Amtrak projects ridership will return to just half of 2019 levels in its upcoming fiscal year beginning in October, Amtrak Chief Executive Officer William Flynn said in a memo to employees. 

27 May 00:42 Bloomberg.com 4032480121813641280.html
Why Prices Of Basic Items Soar In Nigeria Despite Petrol Cost Reduction

While inter-state travel across the country has been banned by the federal government, vehicles carrying essential supplies, as well as essential personnel, retain unrestricted movement. Effiong said the reality on the ground tells a different story.

27 May 00:00 Sahara Reporters 4209699745036088982.html
Fed could adopt yield curve control

A report by Bloomberg's Liz McCormick and Craig Torres says the US Federal Reserve (Fed) may implement yield-curve control to cap yields on government

27 May 00:56 FXStreet 4480975638065671871.html
WTI strength fizzles around $34.00, API data eyed

WTI retraces from the highest since March 11 while taking rounds to $33.90 during the initial Asian session on Wednesday. While optimism surrounding a

27 May 00:22 FXStreet 4480975639521738945.html
USD/ZAR Price Analysis: Off two-month lows, Bullish RSI divergence on 4H

USD/ZAR pair is sidelined near 17.40 at press time, having hit a low of 17.32 on Tuesday. That was the lowest level since March 27. The pair could see

27 May 00:36 FXStreet 4480975639674163381.html
‘Complete syllabus with online classes’

Chief Minister BS Yediyurappa has directed the Higher Education Department to complete the syllabus by conducting online classes.

27 May 00:30 Bangalore Mirror 4632149709788408539.html
Reports: Players balk at MLB's pay-cut proposal

Major League Baseball presented its players union with a revised economic plan for the yet-to-start 2020 season on Tuesday, proposing a sliding-scale of pay cuts, with the top-paid stars due to take the biggest hits.

27 May 00:11 National Post 4816958590421645194.html
Bank of Canada urges stores to continue to accept cash

Even before the COVID-19 pandemic, consumers had been increasingly using forms of cashless payment such as credit and debit cards, e-transfers and their smartphones to pay for products.

27 May 00:31 Toronto 5211060989923613795.html
Govt Delivers Security For Construction Subcontractors

Subcontractors will have greater certainty, more cashflow support and job security with new changes to retention payments under the Construction Contracts Act says Minister for Building and Construction, Jenny Salesa.

27 May 18:12 SCOOP 5315659000012199103.html
Ralph Lauren Remains on Offense in COVID-19 Crisis

The coronavirus shutdown in the U.S. caught the tail end of the company’s fiscal fourth quarter, pushing sales down 15 percent.

27 May 18:33 WWD 5490910669552335456.html
Teekay Tankers: A Story Of Very Rapid Deleveraging

Teekay Tankers generated over $240M of free cash flow in the last two quarters (the current market cap is below $575M). Strong free cash flow is also expected i

27 May 18:24 Seeking Alpha 5725634556267703292.html
CorVel Corporation's (CRVL) CEO Michael Combs on Q4 2020 Results - Earnings Call Transcript

CorVel Corporation (NASDAQ:CRVL) Q4 2020 Results Earnings Conference Call May 27, 2020, 11:30 AM ET Company Participants Michael Combs - President and CEO Brand

27 May 18:06 Seeking Alpha 5725634556305175449.html
RealNetworks Could Have A Winner

The company's video codecs, Napster and other assorted businesses have lingered, not producing any profits. However, they have a growing gaming business that lo

27 May 18:50 Seeking Alpha 5725634556374274720.html
Autohome Inc.: 3 Reasons Why Stock Price Could Increase By 30% In 12 Months

Weak macro conditions in China from November 2019 (when the first COVID-19 case was diagnosed) made sales of Autohome passenger vehicles to drop by 10% YoY. The

27 May 18:34 Seeking Alpha 5725634556683986075.html
Golden Ocean Group Limited (GOGL) CEO Ulrik Andersen on Q1 2020 Results - Earnings Call Transcript

Golden Ocean Group Limited (NASDAQ:GOGL) Q1 2020 Earnings Conference Call May 27, 2020 09:00 AM ET Company Participants Ulrik Andersen - CEO Per Heiberg - CFO T

27 May 18:35 Seeking Alpha 5725634557468096321.html
Radical Transparency: A (Positive) Spin On Despegar's Q1 Earnings Call

Despegar reported disappointing Q1 results on May 4th, 2020. The company outlined cost-cutting measures and liquidity sufficient to survive an extraordinarily d

27 May 18:15 Seeking Alpha 5725634557664238895.html
Elbit Systems Firing On All Cylinders

The military defense industry is one of the essential industries during crises but Elbit's sentiment and fundamentals are strong offering a safe investment espe

27 May 18:37 Seeking Alpha 5725634557694511065.html
ATS Automation Tooling Systems Inc. (ATSAF) CEO Andrew Hider on Fiscal Q4 2020 Results - Earnings Call Transcript

ATS Automation Tooling Systems Inc. (OTCPK:ATSAF) Q4 2020 Earnings Conference Call May 27, 2020 10:00 AM ET Company Participants Stewart McCuaig - Vice Presiden

27 May 18:38 Seeking Alpha 5725634557712383347.html
Yintech Investment Holdings Limited (YIN) CEO Wenbin Chen on Q1 2020 Results - Earnings Call Transcript

Yintech Investment Holdings Limited (NASDAQ:YIN) Q1 2020 Earnings Conference Call May 27, 2020 8:00 AM ET Company Participants Yvonne Young - Investor Relations

27 May 18:18 Seeking Alpha 5725634557924750642.html
PM signals ‘air bridges’ between countries could be introduced

The UK is to impose a 14-day quarantine requirement for anyone arriving in the country from June 8, but the rules will be reviewed every three weeks.

27 May 18:01 Jersey Evening Post 6141642775061200483.html
Tesla Slashes Prices By Up to $5,000 on Almost Every Vehicle Line

This site may earn affiliate commissions from the links on this page. Terms of use.

27 May 18:02 Extremetech 653399569908298907.html
Mint Lite | Foreign fund bond holdings at three-year low and other news to know

Mint Lite is a quick update to bring you up to speed on all the news you need to know—and some things that are just fun to know—in five minutes before you start your day

27 May 18:08 Livemint 6614605817854775737.html
FBR to facilitate businessmen in tax matters

Budget proposals sent by the Islamabad Chamber of Commerce and Industry (ICCI) would be given due consideration and they would be helpful in finalising the federal budget for 2020-21, said Federal Boa

27 May 18:47 Pakistan Today 6621510370031660389.html
Paid lodging may soon be an option for transit passengers at Chennai aiport

Government considering setting up facility where they can stay during layovers

27 May 18:13 The Hindu 6679535024248895579.html
‘Pass on repo rate reduction to realty sector’

CREDAI writes to Governor of Reserve Bank of India

27 May 18:20 The Hindu 6679535024433794397.html
E-stamps for judicial uses introduced in Puducherry

The e-stamp system will ensure that only Puducherry court fees stamp papers, printed or issued by the Puducherry government can be used in respect of all original, appellate, revisional, review litigations arising out of the jurisdictional limits of the Union Territory.

27 May 18:30 The Hindu 6679535024774952052.html
Helping supply chains recover

Not a fiscal stimulus, but cutting government expenditure, removing price controls, and opening up trade will help

27 May 18:45 The Hindu 6679535024909510319.html
Markets begin cautious return to normalcy

Gold, textile, footwear shops in Srikakulam and Vizianagaram open for business after two months

27 May 18:12 The Hindu 6679535025045078645.html
Local bodies ready to pay expense

Amid the controversy over charging money from returning expatriates for quarantine facilities, two local bodies ruled by the United Democratic Front in Kozhikode district have written to the governmen

27 May 18:17 The Hindu 6679535025381842029.html
Consumers can now book LPG refills on WhatsApp

A company source said since many consumers were comfortable using the messaging application on their smart phones, the company was offering this option too.

27 May 18:21 The Hindu 6679535025436136367.html
Flights to Kolkata from Mumbai to begin today

No flights to Chennai, Goa till May 31

27 May 18:46 The Hindu 6679535025780489147.html
Lockdown-hit farmers in Prakasam press for loan waiver

The All India Kisan Sangharsh Coordination Committee in Prakasam district has urged the Centre to announce a special financial package for farmers who are struggling to cope with the lockdown imposed

27 May 18:14 The Hindu 6679535025863506800.html
Flights to Kolkata from Mumbai to begin on May 28

No flights to Chennai, Goa till May 31

27 May 18:46 The Hindu 6679535025901703377.html
Lockdown helps SCR in track maintenance

Work completed on 984 km of the total track of 6,336 km under its control

27 May 18:14 The Hindu 6679535025917869479.html
Enjoying the fruits of their labour

Farmers deserve the freedom to market their produce at a place of their choice

27 May 18:45 The Hindu 6679535026080895113.html
G.R. Chintala is new chairman of NABARD

G.R. Chintala is the new chairman of the National Bank for Agriculture and Rural Development (NABARD). He has served in various capacities in the bank, including as managing director, NABARD Financial

27 May 18:19 The Hindu 6679535026098666350.html
PMLA court sends Wadhawan brothers to judicial custody till June 11

Kapil Wadhawan and Dheeraj Wadhawan, promoters of Dewan Housing Finance Limited (DHFL), were produced before a special Prevention of Money Laundering Act (PMLA) court by the Enforcement Directorate on

27 May 18:56 The Hindu 6679535026099384669.html
ED files cases over seizure of drugs

The Enforcement Directorate recently registered over 20 money-laundering cases in connection with the seizure of drugs by various enforcement agencies in Punjab. The findings may be incorporated in th

27 May 18:11 The Hindu 6679535026146975618.html
MSMEs in Visakhapatnam get first instalment of pending incentives

AP Chambers lauds Chief Minister’s initiative

27 May 18:07 The Hindu 6679535026302659020.html
Takumi Minamino's text messages to old boss about his Liverpool team-mates

Salzburg manager Jesse Marsch has kept in touch with Japan international Takumi Minamino via text message ever since his £7.25million January transfer to Liverpool

27 May 18:13 mirror 675785261742516803.html
Wall Street frets as ‘unloved’ stock rally powers on

While the benchmark S&P 500 index has surged 34 per cent from its March lows and the Nasdaq Composite is just 6 per cent short of record highs, investors are more bearish than they have been in years

27 May 18:13 The Globe and Mail 68426411213650905.html
PM signals ‘air bridges’ between countries could be introduced

The UK is to impose a 14-day quarantine requirement for anyone arriving in the country from June 8, but the rules will be reviewed every three weeks.

27 May 18:01 Express & Star 7324224460525796963.html
LiquidX Rolls Out Partner Program To Help Banks With Trade Finance

LiquidX is rolling out a new platform that offers supply chain finance, trade credit insurance and account receivables to corporate bankers.

27 May 18:24 PYMNTS.com 7357138825291008750.html
Visa Taps Chris Newkirk To Serve As Chief Strategy Officer

Chris Newkirk is coming to Visa Inc. as its new chief strategy officer.

27 May 18:33 PYMNTS.com 7357138826503088572.html
Making commercial laws in Kenya adaptable to deal with pandemic

ANJARWALLA & KIUNUHE: Making commercial laws in Kenya adaptable to deal with Covid-19

27 May 18:58 Daily Nation 7421817125221981051.html
Oshodi-Abule-egba BRT to commence operation in July, says Lagos govt

Lagos State government has said that the Oshodi to Abule Egba Bus Rapid Transit (BRT) route have been completed and operation would commence on that route by July 2020.

27 May 18:05 The Guardian 7580308505733894513.html
Covid to accelerate rebound in small cars, rural market: Maruti

Even as it re-starts nearly 2,000 dealerships across the country, automobile giant Maruti Suzuki India will go into a high gear to tap the rural market.

27 May 01:37 Free Press Journal 9080771786829793711.html
Recruitment resumes at Kainos as Belfast IT firm reassesses the scale of new HQ

RECRUITMENT has resumed at IT services firm Kainos, its chief executive has said.

27 May 01:00 The Irish News 993065464358068.html
Harland & Wolff joins forces with Navantia to form new defence challenger

HARLAND & Wolff has joined forces with Spanish shipyard and trusted NATO partner Navantia to form a unique shipbuilding collaboration which will bid for a range of contracts, including UK Ministry of Defence work.

27 May 01:00 The Irish News 993066615445019.html
Bihar, UP outperform most states, Maharashtra tops with 15.26 lakh MSME registrations

As per data compiled by the Ministry of Micro, Small and Medium Enterprises (MSMEs), Bihar ranked number 3 in MSME registration leaving behind the most populous state of Uttar Pradesh and the industrial states of Gujarat and Karnataka

27 May 02:35 Business Today 1145527430957854985.html
Cash payments declining as contactless methods become the norm - experts

COVID-19 has accelerated the shift away from cash.

27 May 02:46 Newshub 2131266987291909535.html
Hong Kong's future as China's gateway to the West is under threat

China plans to enact new security laws for Hong Kong this week, despite threats from the US that could wreck Hong Kong's status as a global financial and trade centre.

27 May 02:01 Brisbane Times 2314609339671487700.html
Top Stock Reports for Alphabet, Visa & Bank of America

Today's Research Daily features new research reports on 16 major stocks, including Alphabet (GOOGL), Visa (V) and Bank of America (BAC).

27 May 02:00 Zacks Investment Research 2346638542960619983.html
EU Has Bigger Problems to Worry About Than Gridlock Over Brexit

(Bloomberg) — When Boris Johnson boasted last year he’d got “Brexit done,” weary European governments were only too happy to go along with it.

27 May 02:19 Financial Post 2379081491645018475.html
COVID-19, Agric-business and food security - The Nation Nigeria

It was Martin Luther King. Jr. who famously declared that; "we are now faced with the fact that tomorrow is today. We are confronted with the fierce

27 May 02:00 Latest Nigeria News, Nigerian Newspapers, Politics 2658445900400765557.html
Covid Impact: Over 4,400 jobs cut by 5 major Indian companies in 1 month

In total, five companies — Uber India and South Asia, Ola, Zomato, Swiggy and Cure.fit — have together announced the reduction of around 4,441 jobs in the last one month.

27 May 02:07 The Indian Express 2885715104391076285.html
As Shramik Special trains ‘stray’, Railways notifies ‘route rationalisation’ to explain diversions

The diversions have been done so that trains are not held up at one place for hours without water and food, a senior Railways official told The Indian Express.

27 May 02:34 The Indian Express 2885715105120755856.html
Ringgit strengthens against US dollar in early trade

KUALA LUMPUR, May 27 — The ringgit strengthened against the US dollar at the opening today on renewed buying interest amid stabilising oil prices, said an analyst. At 9.02am today, the local note was quoted at 4.3450/3600 compared with Friday’s close of 4.3610/3690. The market was closed on...

27 May 02:26 Malaymail 302165934568734160.html
Japan eyes fresh US$1.1t stimulus to combat pandemic pain

TOKYO, May 27 — Japan will compile a fresh stimulus package worth US$1.1 trillion (RM4.8 trillion) that will include a sizable amount of direct spending to cushion the economic blow from the coronavirus pandemic, a draft of the budget obtained by Reuters showed today. The stimulus, which will be...

27 May 02:41 Malaymail 302165934873282147.html
Queues and limited browsing in store for English shoppers

LONDON, May 27 — People eager to hit the shops again when English high street retailers, department stores and shopping centres reopen will face queuing and few opportunities to try products. Stores will look and operate very differently from how they did before a coronavirus lockdown was imposed...

27 May 02:14 Malaymail 302165935140785312.html
Markets will clear the froth, warn value investing apostles

The closely watched GMO fund is starting to short global equities in the belief that the latest price surge is treacherous.

27 May 02:19 Australian Financial Review 3974284486710255581.html
Home building down 1.6pc, with worse to come

Residential construction slowed to 1.6 per cent in the first three months of the year - the slowest rate of decline since March quarter last year - but economists expect GDP will still be negative for March.

27 May 02:37 Australian Financial Review 3974284487066146436.html
NPA senior staff empowers members, others with COVID-19 PPEs

THE Senior Staff Association of Statutory Corporations and Government Owned Companies, SSASCGOC, Nigerian Ports Authority,

27 May 02:32 Vanguard News 4125100338978538663.html
800 export consignments stranded at Lagos ports

ABOUT 800 export consignments have been stranded for weeks at the various export terminals in Lagos ports. Though the cause of the developmen

27 May 02:21 Vanguard News 4125100340158403480.html
India’s weekly unemployment rate continues to be over 24%: CMIE

As on May 25, India’s average unemployment stood at 24.5 per cent, where urban unemployment was at 26.3 per cent and rural at 23.7 per cent.

27 May 02:52 India Today 4286117814379916073.html
Gold Price News and Forecast: XAU/USD bears pause around two-week low above $1,700

Gold consolidates losses near the lowest since May 13 while taking rounds to $1,711/12 amid the early Asian session on Wednesday. The bullion dropped

27 May 02:28 FXStreet 4480975638273182939.html
USD/CNY hits highest since September 2019 as US threatens sanctions

China's Yuan is taking a hit on Wednesday amid the dragon nation's rising tensions with the US and India. The USD/CNH pair is trading at 7.1565 at pre

27 May 02:44 FXStreet 4480975638320326758.html
Pound Sterling Price News and Forecast: GBP/USD's 50-day EMA, 11-week-old resistance line in focus

Having flashed over 1.0% gains the previous day, GBP/USD buyers catch a breather around 1.2330/35 amid the early Asian session on Wednesday. While bul

27 May 02:22 FXStreet 4480975638585395090.html
Gold Price Analysis: Bounce from sub-4H 200-SMA has stalled

Gold's overnight drop below the 4-hour chart 200-candle simple moving average (SMA) was short-lived, possibly due to US-China tensions. Technical char

27 May 02:16 FXStreet 4480975638729093594.html
ASX 200 Index holds at a 50% mean reversion, Hong Kong risks loom

Australian shares are struggling to extend the prior day's gain as the world gets back to the elephant in the room which is Hong Kong and US/Sino trad

27 May 02:17 FXStreet 4480975639905208520.html
Covid-19 package — World and India

Thomas Carlyle called economics “a dismal science”. Multiple opinion production by dismal economic scientists continued into the 21st century.

27 May 02:00 The New Indian Express 4718288654435644191.html
'Rally of hope': Why the S&P soared back past 3,000

Unthinkable just two months ago as the world economy shut down in response to the coronavirus pandemic, the U.S. stock benchmark S&P 500 index ...

27 May 02:45 CNA 5644198862274477063.html
Italy's RCS says it may win damages in dispute with Blackstone after ruling

Milan's Arbitral Tribunal has judged that the contracts over the sale of Italy's RCS headquarters to Blackstone in 2013 were valid but found ...

27 May 02:55 CNA 5644198863980757295.html
Serie A asks TV rights holders to make final payment for this season

MILAN: Italy's top flight soccer league Serie A said on Tuesday that broadcast rights holders must pay the final instalment for the current ...

27 May 02:35 CNA 5644198864136825887.html
Blackstone risks paying damages in dispute with Italy's RCS

Milan's Arbitral Tribunal has judged that the contracts over the sale of Italy's RCS headquarters to Blackstone in 2013 were valid but found ...

27 May 02:55 CNA 5644198864160073890.html
Warren Buffett June Update: 46 Equities Show 10 To Buy And Hold Now

This Buffett list from Dogs of The Dow first appeared 5/20/20 online. YCharts also tracks this Buffett/Berkshire Batch. Here is your update as of 5/22/20. 30 of

27 May 02:24 Seeking Alpha 5725634556515998321.html
Active Managers Continue To Flounder

Hot money managers underperform their benchmarks once they are identified. Actively managed funds liquidate or change style with high frequency. Recent data rei

27 May 02:07 Seeking Alpha 5725634556992237783.html
My Top New England Bank Pick For The 2020s

Earlier this month, I had the opportunity to talk with Curtis Simard, President/CEO of Bar Harbor Bank & Trust, a $3.67 billion bank operating in Maine, Vermont

27 May 02:36 Seeking Alpha 5725634557467524348.html
Air apparent: Hungarian carrier Wizz targets Gatwick hub to take on Ryanair

Wizz Air is plotting a major expansion at London Gatwick as rival carriers pull back, paving the way for the Hungarian low-cost carrier to emerge from the travel downturn with a bigger presence in the world's busiest city for passenger traffic.

27 May 02:30 independent 5894610846514476443.html
Florida revenues fall by nearly $900 million amid pandemic

The state of Florida might have lost nearly $900 million in tax revenues in April, as the coronavirus pandemic siphoned away tourist dollars and other revenues from the state’s coffers.

27 May 02:17 ABC Action News - WFTS - Tampa Bay 5911730202121346179.html
Deliveroo faces another legal action over an alleged unfair dismissal of deliver rider | ZDNet

The Australian food delivery rider had worked with Deliveroo for three years before his contract was terminated.

27 May 02:48 ZDNet 591556592654862007.html
Boeing’s India operations to be largest outside US

India Business News: American aerospace major Boeing expects to have the largest presence out of its home country in India — in terms of manpower deployment and component

27 May 02:30 The Times of India 6060938662946062684.html
Government may get RBI to monetise deficit

India Business News: The Centre is likely to look at the option of the Reserve Bank of India (RBI) monetising the deficit in the second half of the financial year, a senio

27 May 02:27 The Times of India 6060938664356904016.html
Cognizant will ask 400 more executives to leave

India Business News: The churn at Cognizant will continue. Around 400 executives holding the title of directors, senior directors, associate vice-presidents (AVPs), VPs an

27 May 02:35 The Times of India 6060938664764090138.html
Maharashtra: Nashik farmers unable to sell onions at fair prices

Farmers in Nashik have said that they are facing losses as they are unable to sell onions at fair prices.'Our earnings are not even supporting the expense of fuel to carry them to market,' a farmer said

27 May 02:47 Livemint 6614605818374847863.html
Lockdown Impact: As states lose revenue, here's why they turn to alcohol

Indian states have been wanting to lift ban on the sale of liquor since the implementation of lockdown in the country. The state governments have been running out of money to sustain their fight against novel coronavirus.

27 May 00:00 Business Today 1145527431249012187.html
China at it, again

Unusual aggression in Ladakh, the worst since Doklam, shows our neighbour is bent on arm twisting us in a post-pandemic world China is becoming as vindictive as the US in getting its way with the world or countries that are dependent on its still viable factory floors. And it has chosen to get

27 May 00:00 The Pioneer 1146783233562652712.html
Aviation services on path to normalcy

Mumbai operates 44 flights out of the allocated 50, catering to 4,224 passengers

27 May 00:30 Mumbai Mirror 1209961193221611832.html
What India must do to increase its competitiveness

Time-bound reforms would have a significant impact on competitiveness

27 May 00:59 The Financial Express 1288289579566435957.html
Big companies to get bigger after Covid: BofA Securities

The infrastructure and real estate sector could witness the emergence of new asset owners such as sovereign wealth funds, pension funds and private equity players.

27 May 00:55 The Financial Express 1288289580114660595.html
Covid-19: Catch up to trend-GDP difficult in three years

However, this time around, things could be different, the agency said, alluding to the fact that the loss of GDP this time around could be much steeper.

27 May 00:43 The Financial Express 1288289580287908504.html
E-commerce transactions grow up to 25% in second week of May

Harshil Mathur, CEO and co-founder, Razorpay, said with the situation starting to ease out in parts of the country, the payments firm has seen a spike in transactions in the last few days, particularly in e-commerce.

27 May 00:54 The Financial Express 1288289580294331690.html
RBI to auction 84-day CMBs worth Rs 80,000 crore

CMBs are used to meet the temporary mismatches in the cash flow of the government. This instrument has the generic character of treasury bills but is issued for maturities less than 91 days.

27 May 00:49 The Financial Express 1288289580761983865.html
How India can push its dairy cart ahead

The future of dairy in India hinges on modernising infrastructure, and giving the sector a technological face-lift

27 May 00:20 The Financial Express 1288289581154662311.html
Kotak Mahindra Bank set to raise Rs 7,460 crore through share sale

The bank also informed that meeting of the issuance committee of the board is scheduled to be held on May 29 to approve the issue price.

27 May 00:47 The Financial Express 1288289581179010107.html
Demand for housing sector will come back in medium term, says HDFC CEO Keki Mistry

Now, historically, whenever there has been any kind of stress in the market, NPLs tend to go up in short term, but once the stress get alleviated, NPLs come down to the normal levels.

27 May 00:46 The Financial Express 1288289581575439893.html
Mumbai spirited with Liquor supply back to door steps

Thought the liquor home delivery started in Mumbai and the huge orders are placed from city, but in spite of ban liquor availability of any brand

27 May 00:00 Afternoon Voice 1450959142910537476.html
Mumbai finally restored to home delivery of liquor

One in two orders placed for home deliveries of alcohol in Maharashtra came from Mumbai this week.

27 May 00:00 Afternoon Voice 1450959144239686350.html
House of Reps to NDDC IMC: Blackmail won’t stop us from probing you

The Chairman of the Committee, Hon. Olubunmi Tunji-Ojo, gave the assurance while addressing newsmen in Abuja in response to various allegations levelled against the National Assembly and himself by Dr. Cairo Ojougboh, IMC Executive Director, Projects, on a television station on Monday

27 May 00:26 The Eagle Online 1463511649143320569.html
Stockholm-based Doktor.se nabs €45 million for its ‘digi-physical’ care

Today Swedish e-health startup Doktor.se, which offers digital consultations to patients through its smartphone app, announces that it has secured €45 million in a Series C round led by Carnegie and Handelsbanken. Many of Doktor.se's existing investors, as well as new investors, are participating in

27 May 00:00 EU-Startups 1488873444245281762.html
Best of BS Opinion: India-China relations, the Covid curve, and more

Here is a summary of Business Standard opinion pieces for the day

27 May 00:40 Business-Standard 1502508924625636648.html
City of Amarillo’s sales tax revenue seeing potential decrease of $4 million

Now that the City has received the March sales tax revenue numbers, City Finance Director Laura Storrs says Amarillo is projecting a decrease of millions.

27 May 00:05 NewsChannel 10 1537185525341602385.html
French optical maker Essilor bets on business rebound as India eases COVID-19 lockdown

Along with its associate companies, Essilor employs 5,000 people in India and exports optical products to Europe, the US and Canada.

27 May 00:00 Moneycontrol 1603024963449545370.html
Tesla to cut car prices in North America, China

The price cut comes as states after lockdowns during which demand for cars waned.

27 May 00:00 Moneycontrol 1603024963462217626.html
Americas will be hardest hit by COVID-19 job losses: ILO

The Americas, meanwhile, had jumped from being the least affected region in labour market terms in the first quarter to being the most affected, with an expected 13.1 percent drop in working hours in the second, ILO Director-General, Guy Ryder, told a briefing.

27 May 00:00 Moneycontrol 1603024963624008974.html
UCO Bank slashes lending rate by 40 basis points

The government expects banks to reduce lending rates, which is required to kick start the economy hit hard by the coronavirus-forced lockdown, among other factors.

27 May 00:00 Moneycontrol 1603024963643601473.html
Coronavirus impact: Punjab seeks Rs 51,102 crore fiscal stimulus from Centre

A draft memorandum to this effect was approved on Wednesday by the Council of Ministers at a meeting chaired by Chief Minister Amarinder Singh, an official statement said.

27 May 00:00 Moneycontrol 1603024963652989899.html
Ola Financial Services raises Rs 205 crore from Matrix Partners, others

Gemini Investments LP, Arun Sarin's family office, and Alpha Wave Holdings also participated in the round, according to the documents.

27 May 00:00 Moneycontrol 1603024963668106424.html
Drugmaker Sanofi to raise over $11 billion via sale of Regeneron shares

Earlier this week, Regeneron had said it would repurchase about $5 billion of its shares directly from Sanofi, without altering their over-a-decade-long partnership.

27 May 00:00 Moneycontrol 1603024963673508277.html
RBI's 7.75 percent Savings (Taxable) Bonds 2018: Subscription to stop from May 28

“The Government of India 7.75% Savings (Taxable) Bonds, 2018 shall cease for subscription with effect from the close of banking business on Thursday, the 28th of May, 2020,” RBI said in a release.

27 May 00:00 Moneycontrol 1603024963694243060.html
Oil slides on US-China tensions, doubts about Russian output cuts

The group known as OPEC+ is cutting output by nearly 10 million barrels per day (bpd) in May and June. Some question whether it will continue to do so as demand recovers after many countries ease coronavirus lockdowns.

27 May 00:00 Moneycontrol 1603024963700354933.html
China's efforts to bring citizens back from India have nothing to do with border tension: Global Times

Global Times, considered Chinese government's mouthpiece, has said that the “voluntary repatriation plan” should be seen a “normal service” and should not be linked to the ongoing border tension.

27 May 00:00 Moneycontrol 1603024963724451273.html
NTPC to foray into distribution, keen to buy majority stake in BRPL, BYPL

This assumes significance because NTPC is primarily power generation company.

27 May 00:00 Moneycontrol 1603024963733360247.html
Nokia shuts Tamil Nadu plant after 42 employees test positive for COVID-19

Nokia did not disclose how many workers at the Sriperumbudur plant tested positive, but a source familiar with the matter said they were at least 42.

27 May 00:00 Moneycontrol 1603024963789458053.html
India may need to pump $20 billion into coronavirus-hit state banks

The capital plans were still being discussed and a final decision could be taken in the second half of the fiscal year, a second government source said.

27 May 00:00 Moneycontrol 1603024963795054975.html
G R Chintala takes over as NABARD chairman

Chintala replaces H K Bhanwala, who headed the organisation for more than six years.

27 May 00:00 Moneycontrol 1603024963809492444.html
Brokerages upgrade these 15 stocks to buy, expect 11-75% returns in a year

This war between USA & China may intensify further & may take ugly shape going forward, which may change World Power Equation post-COVID-19 era, Amit Jain of Ashika Wealth Advisors said.

27 May 00:00 Moneycontrol 1603024963828842388.html
Glenmark gets USFDA nod to market generic drug for muscle pain

Glenmark Pharmaceuticals Inc, USA has been granted final approval by the US Food and Drug Administration (USFDA) for Chlorzoxazone tablets USP, in strength of 375 mg and 750 mg, the drug maker said in a statement.

27 May 00:00 Moneycontrol 1603024963895468134.html
‘Certainly not an eye-wash’: Nobel-winning economist Abhijit Banerjee on Centre's Rs 20 lakh crore stimulus

The Nobel laureate has voiced hope that the Centre's economic relief package will boost the supply side which will drive economic recovery.

27 May 00:00 Moneycontrol 1603024963914622853.html
The going will get tougher for the Indian automobile sector; here's why

In the long run, more solid reforms might be needed to help auto sector be able to walk without the crutches that government might be able to give it.

27 May 00:00 Moneycontrol 1603024963953614859.html
Volkswagen India introduces leasing, flexible financing options to drive sales amid COVID-19

Under its omni-channel mobility solutions, the company has integrated 'Power Lease' -- a 'pay-for-usage' model complete with zero down payment scheme -- with Volkswagen Secure which allows customers to purchase a Vento or a Tiguan Allspace model with flexible down payment and low EMI, including insurance coverage for a tenure of three or four years.

27 May 00:00 Moneycontrol 1603024963980108750.html
Crude oil futures up 0.62%, WTI trades above $34 a barrel

In the futures market, crude oil for June delivery touched an intraday high of Rs 2,606 and an intraday low of Rs 2,544 per barrel on MCX.

27 May 00:00 Moneycontrol 1603024964076300404.html
NCLT approves IL&FS stake sale in GIFTCL to Gujarat govt

The order said that IL&FS had sought that an amount of Rs 61.84 lakh is excluded as resolution process costs incurred for meeting various expenditures, other applicable taxes from the sale proceeds of the applicant's shareholding in GIFTCL to the Gujarat government.

27 May 00:00 Moneycontrol 1603024964085517827.html
Natural gas futures up 0.54% in evening trade

In the futures market, natural gas for June delivery touched an intraday high of Rs 150,30 and an intraday low of Rs 146.80 per mmBtu on MCX.

27 May 00:00 Moneycontrol 1603024964128084813.html
Paytm allows Vodafone Idea feature phone users to recharge using UPI

Paytm said it has partnered Vodafone Idea and National Payments Corporation of India (NPCI) to allow feature phone users to recharge their numbers using UPI.

27 May 00:00 Moneycontrol 1603024964151705506.html
Private jet demand rises as wealthy Russians spend lockdown in West

Passengers are heading for countries such as Britain and Cyprus where they own property, have residency rights, sometimes thanks to holding dual nationality, or have close relatives, according to industry sources.

27 May 00:00 Moneycontrol 1603024964239728810.html
ICRA expects muted participation in spectrum auction, sees industry debt rising

Despite the anticipated improvement in the cash flow generation in the current financial year post the tariff hikes, the debt coverage metrics is expected to continue to remain weak given the unyieldingly high debt levels, it said.

27 May 00:00 Moneycontrol 1603024964298471762.html
Cash holdings of PMS schemes decline in April: Report

However, 13 PMS schemes also recorded an increase in cash holdings in April over March

27 May 00:00 Moneycontrol 1603024964346366871.html
Aditya Birla Fashion and Retail posts Q4 net loss of Rs 146.59 crore

Revenue from operations during the quarter under review stood at Rs 1,831.88 crore. It was at Rs 1,915.31 crore in the year-ago period, ABFRL said in a regulatory filing.

27 May 00:00 Moneycontrol 1603024964395918084.html
Planning to invest now? Here’s how you can build a Rs 5,00,000 ‘Atmanirbhar' portfolio

Investors should ideally place small amounts in different sectors to take advantage of the multiplier effect which the economic package could have over a period of time.

27 May 00:00 Moneycontrol 1603024964469858667.html
States should come forward with Rs 20 lakh crore to battle COVID-19 disruptions: Nitin Gadkari

Gadkari said the economy is facing serious problems, businesses are being closed and unemployment is growing. All sections of the society, whether migrants, media, business persons or employees, are facing problems, but ultimately

27 May 00:00 Moneycontrol 1603024964550714990.html
Need for growing NDB into global development institution: FM Nirmala Sitharaman

She commended the contribution of NDB in funding the infrastructure development, which has positively impacted the development agenda of the member countries, including India.

27 May 00:00 Moneycontrol 1603024964559819899.html
Boeing set to announce significant US job cuts this week

A spokesman for the Society of Professional Engineering Employees in Aerospace (SPEEA) union that represents 17,600 Boeing employees told Reuters Tuesday the company informed the union it should expect layoff notices on Friday.

27 May 00:00 Moneycontrol 1603024964644712358.html
KPIT Technologies Q4 net profit rises 23.3% to Rs 38.1 crore

Its revenue from operations stood at Rs 556.2 crore in the reported period, up 10.9 percent from Rs 501.2 crore in the March 2019 quarter, it added.

27 May 00:00 Moneycontrol 1603024964655745808.html
ICC Board Meeting: World T20 to be postponed to 2022, October window for IPL

The decision, if it is formalised, owing to the COVID-19 pandemic will give members a chance to chalk out their bilateral blue-print in the coming months.

27 May 00:00 Moneycontrol 1603024964719244945.html
COVID-19 impact | IDFC First Bank announces pay cuts for senior management

IDFC First said its senior management has volunteered to take a 10 percent cut in compensation for 2020-21.

27 May 00:00 Moneycontrol 1603024964720296353.html
Silver futures dip 0.44% in afternoon trade

In the futures market, silver for July delivery touched an intraday high of Rs 47,847 and a low of Rs 47,370 per kg.

27 May 00:00 Moneycontrol 1603024964768790674.html
Boeing slashes 12,000 jobs as coronavirus seizes travel industry

The layoffs are expected to be concentrated in the Seattle area, home to Boeing's commercial-airplanes business.

27 May 00:00 Moneycontrol 1603024964772189391.html
United Spirits Q4 down 57.8% to Rs 49.3 crore

The company had posted a net profit of Rs 116.9 crore in the January-March quarter a year ago, United Spirits Ltd (USL) said in a regulatory filing.

27 May 00:00 Moneycontrol 1603024964827746435.html
Investor wealth surges by Rs 2 lakh crore as markets rally

Led by the rally in equity market, the market capitalisation of BSE-listed companies soared Rs 2,01,549.38 crore to Rs 1,23,62,539.79 crore.

27 May 00:00 Moneycontrol 1603024964848320130.html
India loses crown to Indonesia as Honda’s biggest two-wheeler market

HMSI’s FY20 domestic sales are back to the same level as FY17 when the company had sold 4.72 million units in the domestic market

27 May 00:00 Moneycontrol 1603024964868261053.html
Sensex jumps 1,000 pts, Nifty above 9,300; 4 key factors behind the rally

Experts indicate that the bargain hunting in banks and financial counters gave a fillip to the market.

27 May 00:00 Moneycontrol 1603024964993666965.html
India should avoid understanding Beijing through 'biased' US lens, says Chinese strategic analyst

In the article, he also accused India of starting the latest standoff, alleging that it was a

27 May 00:00 Moneycontrol 1603024965016802250.html
Wall Street opens higher on recovery optimism

The Dow Jones Industrial Average rose 303.52 points, or 1.21 percent, at the open to 25,298.63.

27 May 00:00 Moneycontrol 1603024965054556813.html
Tesla cuts prices by as much as 6% in North America to boost demand

Auto retail sales in the United States likely halved in April from a year earlier, showed data from J.D. Power.

27 May 00:00 Moneycontrol 1603024965089035918.html
Arogya Sanjeevani: Low-cost insurance, but a regular health cover works better

Existing health insurance plans offer far more features and benefits, but come with higher premiums

27 May 00:00 Moneycontrol 1603024965120222730.html
Buy USDINR; target of 76.00 - 76.20: ICICI Direct

ICICI Direct The rupee again approached its sizeable Call base of 76. We feel a close above these levels would open the gates for more upsides. However, looking at the consolidation in Dollar index we feel, the rupee will remain in a range.

27 May 00:00 Moneycontrol 1603024965210038122.html
Aditya Birla Fashion & Retail plans Rs 1,000 crore rights issue

Aditya Birla Fashion & Retail is the country's largest pure-play fashion and lifestyle player with a strong bouquet of fashion brands and retail formats with a network of over 3,040 stores, and presence across 25,000 multi-brand outlets across the country.

27 May 00:00 Moneycontrol 1603024965221930271.html
L&T delivers critical nuclear power plant equipment to global customers during lockdown

The company's heavy Engineering arm delivered these equipment to global clients in Abu Dhabi, France and other places, Larsen & Toubro said in a statement.

27 May 00:00 Moneycontrol 1603024965295897836.html
Titan Company shares down 2% as COVID-19 hits businesses

The company said the lockdowns posed challenges to all its businesses.

27 May 00:00 Moneycontrol 1603024965299057535.html
Adani Ports & SEZ raises Rs 500 crore through allotment of NCDs

It allotted 5,000 non-convertible debentures (NCDs) of the face value of Rs 10 lakh each, the company said in a BSE filing.

27 May 00:00 Moneycontrol 1603024965299540793.html
Tata Investment Corporation posts net loss of Rs 36.75 crore in Q4 FY20

Total revenue from operations in the quarter under review stood at Rs 21.41 crore as compared to Rs 24.59 crore in the corresponding period a year ago.

27 May 00:00 Moneycontrol 1603024965315600630.html
It is India's hour to shine, but will it?

If India manages to overcome its long-pending issues around multiple approvals, licenses, permits, an overload of documentation and reporting, then India has a chance to leave an indelible mark on global trade in the coming decade.

27 May 00:00 Moneycontrol 1603024965318384233.html
Dabur's Q4 net profit falls 24% YoY; domestic volume declines at 14.6%

Consolidated EBITDA stood at Rs 352.3 crore against CNBC-TV18 poll of Rs 475 crore while EBITDA margin came at 18.9 percent against CNBC-TV18 poll of 21.8 percent.

27 May 00:00 Moneycontrol 1603024965336993485.html
Tech selloff weighs on S&P 500, Nasdaq

Amazon.com, Microsoft Corp and Facebook Inc, which have led a recent rally, weighed on the tech-heavy Nasdaq, while healthcare and technology stocks - which outperformed in the coronavirus-led market slump - were among the S&P 500 sector indexes in the red.

27 May 00:00 Moneycontrol 1603024965340871069.html
World economic prospects darken, rebound delayed: Poll

With many countries starting to ease lockdown restrictions imposed to stop the spread of the virus, which has infected over 5.5 million people globally

27 May 00:00 Moneycontrol 1603024965357179901.html
Mercedes-Benz launches C 63 AMG Coupe and AMG GT R, company says planned launches on track

The launch of its first all-electric car EQC has suffered a delay due to the nationwide lockdown.

27 May 00:00 Moneycontrol 1603024965391597898.html
Future Lifestyle Fashions share price down 2% as board mulls fund-raising plan

Future Group faces high promoter debt, sharp fall in share prices and cash flow woes, all of which have been exacerbated by the COVID-19 outbreak.

27 May 00:00 Moneycontrol 1603024965411657469.html
Govt may launch coal blocks auction process under commercial mining on June 11

The government last week approved a methodology for commercial mining of coal on revenue sharing basis.

27 May 00:00 Moneycontrol 1603024965426105355.html
EU Commission proposes €750 billion recovery fund in wake of Covid-19 crisis

The European Commission is proposing a €750 billion recovery fund to reboot economies hit hard by the coronavirus outbreak, EU officials said on Wednesday.

27 May 10:53 France 24 5635134572075767788.html
Boeing set to announce significant US job cuts this week

Boeing Co is expected to announce U.S. job cuts this week after disclosing last month it planned to shed 10per cent of its worldwide workforce of ...

27 May 10:20 CNA 5644198862738552379.html
Amazon in advanced talks to buy self-driving startup Zoox - WSJ

Amazon.com Inc is in advanced talks to buy self-driving startup Zoox Inc, in a move that would expand the e-commerce giant's reach in ...

27 May 10:05 CNA 5644198862946658167.html
Boeing set to announce significant US job cuts this week: union

Boeing Co is expected to announce U.S. job cuts this week after disclosing last month it planned to shed 10per cent of its worldwide workforce of ...

27 May 10:20 CNA 5644198864134545078.html
Buy Carrier Global As Potential Asset Sales Will Reduce Debt

Recent trading multiple compression due to the coronavirus. Potential asset sales to reduce indebtedness. Strong trends in the residential HVAC replacement cycl

27 May 10:04 Seeking Alpha 5725634556267999106.html
Intuitive Surgical: The Growth Leader In Surgical Robotics

Intuitive Surgical is the global leader in surgical robotics. The company has produced outstanding growth rates in both revenue and cash flow over the years. In

27 May 10:41 Seeking Alpha 5725634557864595102.html
Open Banking moves from compliance challenge to commercial opportunity

European financial institutions are spending between €50-€100 million on Open banking initiatives, with spend exceeding €100 million for nearly half (45%) of 290 financial institutions surveyed by Swedish account aggregator Tink.

27 May 10:16 Finextra 6000504750060585606.html
One in four retail branches to close in Europe as digital interactions mushroom - Kearney

As many as 40,000 bank branches will close across Europe in the next three years, as increasing numbers of customers turn to digital channels, according to a study by consultancy Kearney.

27 May 10:49 Finextra 6000504750224751174.html
Amazon is reportedly in talks to buy secretive self-driving car company Zoox for less than $3.2 billion

Zoox hinted it's had interest from multiple buyers.

27 May 10:04 Business Insider 6060062399890759279.html
Sebi again extends deadline to apply for 147 senior level vacancies amid Covid-19

India Business News: Markets regulator Sebi has again extended the deadline to apply for the post of 147 senior-level executives by two months till July 31 in the wake of

27 May 10:28 The Times of India 6060938663493624055.html
BCCI confident ICC won't commit harakiri by taking away 2021 T20 World Cup

Cricket News: The ICC has in fact threatened that they can take away the 2021 T20 World Cup if the board fails to provide the exemption. But BCCI officials believe

27 May 10:43 The Times of India 6060938664160599557.html
John Lewis reveals first stores to reopen doors on June 15

The retailer said it will reopen two stores on Monday June 15, followed by a further 11 sites on Thursday June 18.

27 May 10:16 Jersey Evening Post 6141642774802902729.html
CEO pay tops $12.3M

The typical pay package for CEOs at the biggest U.S. companies topped $12.3 million last year, and the gap between the boss and their workforces widened further, according to AP’s annual survey of executive compensation.

27 May 10:40 Castanet 616068602187054533.html
Farmers' Market returning

The Penticton Farmers' Market will be re-opening its outdoor market this Saturday, May 30, taking over its usual spot in the 100 block of Main Street.

27 May 10:43 Castanet 616068602431182601.html
Boeing slashes 12,000 jobs

Boeing is cutting more than 12,000 jobs through layoffs and buyouts as the coronavirus pandemic seizes the travel industry, and more cuts are coming.

27 May 10:34 Castanet 616068603176423098.html
Proposed Kannapolis budget has no fee or rate increase

Kannapolis City Manager Mike Legg presented the recommended Fiscal Year 2021 budget to the Kannapolis City Council Tuesday evening.

27 May 10:41 WBTV 6439870257643583766.html
Staffing giants join forces to decode COVID-19 puzzle

Give a clarion call: ‘Help India Get Back to Work Safely’

27 May 10:52 The Hindu 6679535024351716594.html
Tokens for free June rations to be distributed from May 29

In a an official release on Wednesday, Chief Minister Edappadi K. Palaniswami said the tokens would bear the specific date and time of when consumers could go to their ration shops and get their supplies from June 1

27 May 10:04 The Hindu 6679535025207452666.html
How travel and holidaying will change in the new normal

From contactless travel to immunity passports and open-dated stay packages, the Indian tourism and hospitality sector is exploring a range of options to breathe life into a stalled business

27 May 10:54 The Hindu 6679535025468366497.html
Sebi again extends deadline to apply for 147 senior level vacancies amid Covid-19

NEW DELHI: Markets regulator Sebi has again extended the deadline to apply for the post of 147 senior level executives … Sebi again extends deadline to apply for 147 senior level vacancies amid Covid-19 Read More »

27 May 10:55 ISSCNC 6824315491402382399.html
Bank of Montreal profit slumps more than 50% as credit losses loom

Bank of Montreal set aside $1.12-billion for future loan losses, up sharply from $176-million a year earlier

27 May 10:11 The Globe and Mail 68426410585208099.html
Oil falls on U.S.-China tensions over Hong Kong

Brent crude fell 45 cents, or 1.2 per cent, to $35.72 a barrel by 0906 GMT and U.S. West Texas Intermediate (WTI) crude was down 26 cents, or almost 1 per cent, at $34.09

27 May 10:40 The Globe and Mail 68426410881519294.html
EU proposes $825-billion coronavirus recovery fund

The EU remains deeply divided over what conditions should be attached to the funds, and Wednesday’s proposal from the bloc’s executive arm is likely to set off weeks of wrangling

27 May 10:57 The Globe and Mail 68426411054299894.html
US shoppers to be wooed back with steep discounts

Retailers including Macy’s prepare for sales after writing down value of merchandise

27 May 10:50 Ft 707176888121153468.html
Renault and Nissan scrap Ghosn strategy in move to slash costs

Carmakers rule out merger and ditch longstanding sales targets as alliance with Mitsubishi switches focus

27 May 10:42 Ft 707176888516954575.html
John Lewis reveals first stores to reopen doors on June 15

The retailer said it will reopen two stores on Monday June 15, followed by a further 11 sites on Thursday June 18.

27 May 10:15 Express & Star 7324224460267499209.html
Companies Act amended to make PM CARES Fund eligible for CSR contributions

Until now, only the Prime Minister's National Relief Fund was eligible to receive CSR funding.

27 May 10:55 DNA India 7533428661977974552.html
Debt downgrades can push India bank fund raising to $20 billion

State-run banks will need $13 billion from the government to recapitalize.

27 May 10:31 The Economic Times 7653256036866475992.html
India initiates anti-dumping probe into imports of polyester yarn from 4 countries

India has initiated a probe into alleged dumping of polyester yarn, used in the garment industry, from China, Indonesia, Nepal and Vietnam, a move aimed at guarding domestic players from cheap inbound shipments. The probe was launched following a complaint by eight domestic manufacturers, including Suryalakshmi Cotton Mills and Suryalata Spinning Mills.

27 May 10:15 The Economic Times 7653256037227258277.html
Aditya Birla Fashion plans Rs 1,000 crore rights issue

Aditya Birla Fashion & Retail is the country's largest pure-play fashion and lifestyle player.

27 May 10:54 The Economic Times 7653256037634512318.html
States should come forward with Rs 20 lakh cr to battle COVID-19 disruptions: Nitin Gadkari

"More liquidity needs to be pumped in the market to boost the coronavirus-hit economy and states should come forward with Rs 20 lakh crore, while another Rs 10 lakh crore can be harnessed from public-private investment," Road Transport, Highways and MSME Minister Gadkari said.

27 May 10:42 The Economic Times 7653256037883565561.html
Official employment survey may capture migration

The ministry of statistics and programme implementation is examining changes that may need to be carried out to assess the extent of unemployment post the reverse-migration in the Periodic Labour Force Survey. The idea is to get a better sense of employment as migration from cities, post-Covid pandemic and lockdown, has been in large numbers.

27 May 10:19 The Economic Times 7653256038509353229.html
Boeing set to announce significant US job cuts this week: Union

In April, Boeing chief executive Dave Calhoun said the company had “begun taking action to lower our number of employees by roughly 10 percent".

27 May 10:24 The Jakarta Post 7678601103299985459.html
Japan eyes fresh $1.1t stimulus to combat pandemic pain

The stimulus, which will be funded partly by a second extra budget, will be on top of a $1.1 trillion package already rolled out last month.

27 May 10:54 The Jakarta Post 7678601103943431611.html
McDonald's sets exact date every branch in UK will reopen

More than 1,000 are throwing open their drive-thru lanes

27 May 10:53 Wales Online 7686550516546109814.html
Fiscal Advisory Council warns debt will be 'almost at historic highs' after COVID-19 crisis

The acting chair of the Irish Fiscal Advisory Council has said the debt ratio here will be 'almo...

27 May 07:44 Newstalk 7635722258049371801.html
Mukesh Ambani's Jio listing can profit from US-China tech war

Will Wall Street be so hospitable as to give Ambani, say, a $100 billion valuation?

27 May 07:39 The Economic Times 7653256036757835942.html
View: Can India benefit from the world’s frustration with China?

India lacks the sophisticated infrastructure which gives China an edge in manufacturing.

27 May 07:24 The Economic Times 7653256037628420083.html
'Lift your game or go': APRA ups pressure on super funds to merge

'Lift your game or exit the industry' is the message from the prudential regulator.

27 May 07:19 The Age 7967730561987353579.html
Bank stocks rake in $17 billion as investors revel in recovery party

Portfolio managers are coming to the view it's a bigger risk to be underweight bank shares as investor sentiment on the sector switches from negative to positive.

27 May 07:03 The Age 7967730562280611766.html
Another two Grow Super staff stood aside amid Dally M scandal

Two staff at Grow Super have been stood aside amid a police probe into a betting plunge on the Dally M.

27 May 07:59 The Age 7967730563141074219.html
[Market Close-up] S. Korean stock market recovers faster than its global peers

Buttressed by the buying spree of retail investors and expansion of liquidity, South Korea’s stock market recovered to the psychologically important 2,000-point mark, rebounding faster than other major stock markets around the world. According to the Korea Exchange, the Kospi reached 2,029.78 points at Tuesday’s close, 12 weeks after last posting above the 2,000-mark on March 6, when it closed at 2,040.2...

27 May 07:39 Koreaherald 8029273604881269693.html
Stripe launches in five new European countries

Expansion, which is being led by Dublin office, means company now in 39 countries

27 May 07:00 The Irish Times 8204772967308040097.html
Largan sells China plant

Smartphone-use lens module maker Largan Precision has taken a major step in expanding capacity in Taiwan by remitting back about NT$11 billion (US$367 million) in income from selling its Suzhou, China plant.

27 May 07:22 DIGITIMES 8411283749679015462.html
Server PCB makers see bright shipment prospects for 3Q20

Server PCB specialists Tripod Technology, Gold Circuit Electronics (GCE) and Allied Circuit have seen clear order visibility through the end of July and are optimistic that their shipments for servers and networking equipment will remain robust throughout the third quarter, according to industry sources.

27 May 07:07 DIGITIMES 8411283750029032252.html
Sasol says fuel stations not up for sale

Central Energy Fund denounces reports of it wanting to buy Sasol’s stations.

27 May 08:16 Moneyweb 1092550946620636628.html
Virgin Atlantic suitors narrow with clock ticking on rescue

Ailing airline in need of emergency funding.

27 May 08:40 Moneyweb 1092550946869234722.html
Online UK grocery spending hits record in lockdown shopping spree

Overal­l UK grocer­y sales increa­sed by 13% year-on-year

27 May 08:23 The Express Tribune 1105816787626806296.html
India’s worst recession is here, says Crisil

CRISIL also foresees economic activity in states with high Covid-19 cases to suffer prolonged disruption as restrictions could continue longer.

27 May 08:00 The Statesman 1191309781084957967.html
Stocks in focus: RIL, Bharti Airtel, Sun Pharma, Titan, United Spirits among others to remain in news

Dabur India, Sun Pharmaceutical, Aditya Birla Fashion, JP Associates and Tata Investment Corporation are among 21 companies that slated to announce their March quarter earnings today.

27 May 08:50 The Financial Express 1288289580222807451.html
Privatisation of discoms an opportunity, says JSW Energy CEO

The scenario for FY21 will depend on economic recovery defined by three factors: how the MSMEs are going to perform, the issue of migrant labour, and the rate of spread of Covid-19, said Prashant Jain.

27 May 08:11 The Financial Express 1288289581465080801.html
Axis Bank soars 15% on report PE firm Carlyle could pick 8% stake

The private equity firm Carlyle may infuse $1 billion to own up to 8 per cent of Axis Bank, report suggest.

27 May 08:38 Business-Standard 1502508925221682799.html
Drugmaker Sanofi to raise over $11 billion via sale of Regeneron shares

Earlier this week, Regeneron had said it would repurchase about $5 billion of its shares directly from Sanofi, without altering their over-a-decade-long partnership

27 May 08:10 Business-Standard 1502508926197448910.html
Oil falls on demand concerns, US-China tensions

Oil prices fell on Wednesday on concerns over how quickly fuel demand will recover even as lockdowns ease in many countries with falling coronavirus cases, with U.S.-China tensions adding to the

27 May 08:05 Deccan Herald 2027555797623114164.html
Global spending on oil to drop by $1 trillion in 2020 says IEA

Investment in energy sector will see its biggest drop this year says the agency

27 May 08:18 Gulf News 2086521543751258182.html
Coronavirus: Carrefour launches ‘click and collect’ service in the UAE

Online customers can now collect their orders from select locations

27 May 08:28 Gulf News 2086521544384969221.html
Super funds lose access to matching feature over fraud fears

Superannuation funds have had their access to SuperMatch suspended over concerns about fraud.

27 May 08:19 Brisbane Times 2314609339524062251.html
Asia stocks mixed on uncertainty over Hong Kong security law

Asian stock markets were mixed Wednesday as U.S.-Chinese tension over Hong Kong competed with optimism about recovery from the coronavirus pandemic.

27 May 08:14 CTVNews 2422791597395111999.html
Global energy investment to drop by $400bn

An IEA report indicates that Covid-19 has set in motion the largest drop in global energy investment in history from fossil fuels to renewables and efficiency.

27 May 08:49 ESI-Africa.com 2679729877377327273.html
Gold hits 2-week low on optimism around reopening of economies

Spot gold dipped 0.3% to $1,705.94 per ounce by 0502 GMT, after hitting its lowest level since May 13 of $1,703.40 earlier in the session. US gold futures were down 0.6% to $1,695.80.

27 May 08:33 The Indian Express 2885715105063783640.html
Lufthansa supervisory board unable to approve bailout package

Lufthansa's supervisory board was unable to approve a 9-billion euro (US$9.90 billion) bailout in light of conditions imposed by the European ...

27 May 21:25 CNA 5644198863287704049.html
Lufthansa supervisory board postpones approval of bailout package

Lufthansa's supervisory board was unable to approve a 9-billion euro (US$9.90 billion) bailout in light of conditions imposed by the European ...

27 May 21:25 CNA 5644198864100559509.html
B2W - Gain Exposure To The Brazilian Online Retail Sector

Brazilian e-commerce has been growing at 11.1% for the past two years and is projected to grow by 5.5% for the next three years without considering the effects

27 May 21:05 Seeking Alpha 5725634556650647223.html
Charter's Q1 2020: Gushing Cash After Integrating TWC

With 2 large acquisitions almost integrated, capex is falling and FCF is up. The internet segment is the key driver, but a slowdown in fleeing TV and voice cust

27 May 21:18 Seeking Alpha 5725634556684165844.html
Broadwind Has Towering Potential And A Not So Towering Valuation

Broadwind's 1Q20 report was stronger than expected. In the wake of the quarterly call we spoke with the company to address a few additional questions we had. We

27 May 21:19 Seeking Alpha 5725634557022841344.html
SPDR Portfolio S&P 500 Growth ETF's Exposure To Technology Stocks Is Advantageous

SPYG invests in large-cap growth stocks in the S&P 500 Index. The fund’s relatively lower exposure to cyclical sectors is advantageous as the impact of COVID-19

27 May 21:12 Seeking Alpha 5725634557295135632.html
Mohawk Industries: Not A Convincing Investment

Mohawk is trading on a forward sales multiple of 1.08, below their long-term average of 1.3x. 2018 and 2019 were tough years for the business and industry. We b

27 May 21:33 Seeking Alpha 5725634557363462778.html
Teekay LNG: Attractive Long-Term Cash Flow Visibility Will Move The Needle

Teekay LNG Partners reported solid results with record-high Q1 2020 adjusted net income (7th consecutive quarterly increase). Importantly, the TGP IDRs were eli

27 May 21:30 Seeking Alpha 5725634557518384479.html
Exxon Mobil Corporation (XOM) CEO Darren Woods Hosts 2020 Annual Meeting of Shareholders (Transcript)

Exxon Mobil Corporation (NYSE:XOM) 2020 Annual Meeting of Shareholders May 27, 2020 10:30 AM ET Company Participants Stephen Littleton - Vice President of Inves

27 May 21:58 Seeking Alpha 5725634557931350997.html
David Jones speeds up store closures after massive profit plunge

David Jones will accelerate plans to close some of its 48 stores after the coronavirus slashed sales by 35.8 per cent.

27 May 21:56 The New Daily 5848147787081098076.html
Government negotiating to cut National Broadband Plan rollout from seven to five years

The government has asked the National Broadband Plan firm to shorten the rollout period from seven to five years.

27 May 21:51 independent 5894610844585995992.html
Boeing restarted 737 Max production just hours after saying it would lay off thousands of workers

Boeing said it had resumed construction of the 737 Max at its Renton, Washington, plant, just hours after announcing layoffs.

27 May 21:30 Business Insider 6060062400302186035.html
Vacation rentals around the world have jumped 127% since early April in a sign that people are slowly starting to travel again

A surge in domestic tourism is fueling a rebound in short-term rentals as states begin to ease lockdowns, according to data from AirDNA.

27 May 21:58 Business Insider 6060062400573550686.html
Congress has yet to agree on the latest coronavirus relief package, so don't expect another stimulus check in June

Many Democratic lawmakers are pushing to send more stimulus checks to households, but it's unlikely to happen in June.

27 May 21:30 Business Insider 6060062400836940740.html
HSBC could quit small, non-strategic countries including New Zealand, the Financial Times suggests. HSBC NZ says business constantly reviewed but Asia will continue to be a core engine for business growth

HSBC could quit small, non-strategic countries including New Zealand, the Financial Times suggests. HSBC NZ says business constantly reviewed but Asia will continue to be a core engine for business growth

27 May 21:51 interest.co.nz 6454226277478594717.html
Saudi Arabia to move for Premier League TV rights to ensure Newcastle takeover

Newcastle's £300million takeover bid has been held up over the Saudi state's alleged involvement with beoutQ, a pirate service that has illegally broadcast Premier League matches

27 May 21:00 mirror 675785261302525352.html
Lufthansa's $15b rescue hits surprise hurdle as board rejects EU conditions

Lufthansa's German government bailout was thrown into doubt after the airline's supervisory board refused to accept the conditions attached by Brussels.

27 May 21:24 WAtoday 6806590898748055653.html
Goldman Sachs warns of a 'start-and-stop' economic recovery

The global economy could be in for a bumpy ride as lockdowns tied to the COVID-19 pandemic begin to ease, says Goldman Sachs president John Waldron.

27 May 21:40 WAtoday 6806590899166003729.html
FIA approves F1's budget cap reduction and handicap system

There will be greater aerodynamic restrictions for the more successful teams in a development handicap system.

27 May 21:53 WAtoday 6806590899265076274.html
Aadhaar-based paperless KYC process allowed for opening NPS account | Personal Finance News

New Delhi: Pension fund regulator PFRDA on Wednesday said it has allowed Aadhaar-based paperless KYC process for onboarding of new … Aadhaar-based paperless KYC process allowed for opening NPS account | Personal Finance News Read More »

27 May 21:01 ISSCNC 6824315490397492383.html
Global stocks shake off concern over US-China tensions

Stimulus plans in Europe and Japan trump worries about Beijing’s moves in Hong Kong

27 May 21:10 Ft 707176889248566911.html
IM-SHORAD delayed by pandemic, but first unit equip date remains in place

"We're making adjustments as necessary, and then working with the companies to try and catch up," the head of Army acquisition said Wednesday.

27 May 21:28 Yahoo 7097669637097181370.html
U.S. Stocks Climb to 12-Week High; Treasuries Drop: Markets Wrap

All you need to know about global markets today.

27 May 21:42 Bloomberg | Quint 7403450740444790809.html
GITU: Fine-tune reforms to make tea growing worthwhile

Start a reserve fund for marketing Kenyan tea as a quality global brand.

27 May 21:00 Daily Nation 7421817124624697185.html
Government to seek quicker delivery of broadband plan

The Minister for Communications has said he has asked his officials to examine the feasibility of accelerating the roll out of the National Broadband Plan.

27 May 21:52 RTE.ie 7595237277937584915.html
Amid paycuts and layoffs, some companies chose to shield staff during the Covid storm

Tata Consultancy Services (TCS), Wipro, and Infosys have deferred hikes. Reliance and Oyo have cut pays.

27 May 21:37 The Economic Times 7653256037118354786.html
Most small businesses remain optimistic on reopening after coronavirus: poll

The majority of small businesses in the U.S. are optimistic about reopening amid the coronavirus pandemic, a new study says. Nearly three-quarters of businesses (74 percent) expect to return to

27 May 21:01 New York Post 7654946769170326989.html
FIA approves F1 budget caps over next five seasons starting from 2021

The first-ever F1 budget cap will come into force next season at 145million US dollars (£117million), with further cuts in 2022 and 2023-25.

27 May 21:59 Sports Mole 7750663361985958912.html
Lufthansa's $15b rescue hits surprise hurdle as board rejects EU conditions

Lufthansa's German government bailout was thrown into doubt after the airline's supervisory board refused to accept the conditions attached by Brussels.

27 May 21:24 The Age 7967730561282793573.html
Goldman Sachs warns of a 'start-and-stop' economic recovery

The global economy could be in for a bumpy ride as lockdowns tied to the COVID-19 pandemic begin to ease, says Goldman Sachs president John Waldron.

27 May 21:40 The Age 7967730561700741649.html
FIA approves F1's budget cap reduction and handicap system

There will be greater aerodynamic restrictions for the more successful teams in a development handicap system.

27 May 21:53 The Age 7967730561799814194.html
Congress has yet to agree on the latest coronavirus relief package, so don’t expect another stimulus check in June

Americans probably shouldn’t count on getting another coronavirus stimulus check in June.

27 May 21:30 Business Insider Malaysia 8325046884131232964.html
India: Largest Private Port Operator Partners TradeLens to Deploy Blockchain in SCM

Adani Ports and Special Economic Zone Ltd (APSEZ), India’s biggest private port operator has partnered with blockchain-powered digital container logistics platform TradeLens to optimize its port operations and improve supply chain management (SCM).

27 May 21:00 BTC Manager 8549607151961945625.html
Japan enacts law toughening regulations on tech giants

The Diet enacted a law Wednesday requiring major technology companies to be more transparent, falling in line with other countries in toughening regulations on industry giants such as Google LLC and Amazon.com Inc. Companies that operate e-commerce websites and apps will be required to submit reports on their business practices…

27 May 21:33 Japan Today 8582716286287787654.html
Thredbo ski resort reopening in June with new social distancing rules

The snow season will look very different this year with capacity halved to allow for physical distancing.

27 May 21:26 The Canberra Times 8662394328600912143.html
Egyptian government prepares new economic stimulus package

CAIRO: The Egypt government has introduced a new economic stimulus package in light of the economic setbacks caused by the coronavirus disease (COVID-19) pandemic and the country’s subsequent lockdown. The new package, submitted by Minister of Planning and Economic Development Dr. Hala El-Said, allocates more than 50 billion Egyptian pounds ($3 billion) to support the tourism

27 May 21:09 Arab News 8912634263032452302.html
$20 trillion recession to come? Impact of Coronavirus on the world economy

Of course, there was no way that anybody could have predicted what was to come in terms of the global shutdown caused by the COVID-19 pandemic.

27 May 21:52 New Vision 9103146372722021802.html
Boeing Cuts Jobs for 12,000 Workers in the US

Boeing has been reeling from a drop in demand for aircraft, as travel plunges amid the pandemic and worsens the pressure on the company, which was already in crisis...

27 May 21:31 Sputniknews 967333868087835743.html
Saudi Arabia: Tax authority begins inspections of shops in retail sector

Campaign aims to ensure commitment of shop owners to VAT system

27 May 10:56 Gulf News 2086521545097539347.html
3 Ways Your Social Security Checks Could Be Reduced by COVID-19

The coronavirus pandemic could result in smaller monthly checks.

27 May 10:02 The Motley Fool 2231313657801353476.html
3 Reasons to Buy Stocks Right Now

Are you debating whether it's a good time to buy stocks? Here's why sitting on the sidelines doesn't make sense.

27 May 10:06 The Motley Fool 2231313659183233288.html
Banks surge in $17 billion catch-up rally

After lagging the market for months, banks surged amid potential signs the economic damage from COVID-19 may be less dire than feared.

27 May 10:30 Brisbane Times 2314609339489281624.html
U.N. calls meeting to boost pandemic support for developing countries

WASHINGTON, May 26 (Reuters) - U.N. officials said they will meet on Thursday with over a dozen world leaders to discuss shoring up financial support for emerging economies, hit hard by the pandemic's economic fallout.

27 May 10:10 Daily Maverick 2373996787249686993.html
Intel Remains A Blue-Chip Stock to Buy Post-Pandemic

Intel stock has held up remarkably well in 2020, as evidenced by first-quarter results, and move to the cloud means more upside ahead.

27 May 10:44 InvestorPlace 24614509189994378.html
Nordstrom Needs to Bring Back What Made it Special

Nordstrom announced that it is closing its three Jeffrey stores. If you own Nordstrom stock that’s a good thing. Here’s why. 

27 May 10:15 InvestorPlace 24614510490797675.html
Facebook Stock to $1,000? It’s Possible Now Thanks to Shops

Newly announced Facebook Shops is a game-changer which cracks the ultra-valuable social commerce code, and could push FB stock to $1,000.

27 May 10:21 InvestorPlace 24614510509137160.html
It’s Time to Take Ford Out to the Junkyard

Highly leveraged and with little wiggle room to emerge quickly from the coronavirus shutdown, the deck is stacked against F stock.

27 May 10:00 InvestorPlace 24614510701575919.html
Here’s How to Make a Safer Wager on Penn National Gaming Stock

Today’s PENN stock price deserves a new strategy that plays a bit like craps. It uses the options market to leverage more upside.

27 May 10:35 InvestorPlace 24614511078745321.html
Commission to propose EU budget of €1.1T for seven years

Figure would raise spending compared to current seven-year budget for EU27.

27 May 10:39 POLITICO 2584151345714325109.html
4.75 crore Indian Truecaller data on sale for Rs 75,000? Company responds

As per a report coming from online intelligence firm Cyble, some personal data of 4.75 crore Indians have been put on sale for $1,000 (that roughly translates to around Rs 75,000) on dark web.

27 May 10:07 The Indian Express 2885715104611273698.html
Japan approves fresh $1.1 trillion stimulus to combat coronavirus pain

The record stimulus of 117 trillion yen, which will be funded partly by a second extra budget, followed another 117 trillion yen package rolled out last month.

27 May 10:50 The Indian Express 2885715104614388894.html
Sensex settles nearly 1,000 points higher, Nifty ends at 9,315 led by banking, financial stocks

The S&P BSE Sensex surged 995.92 points (3.25 per cent) to settle at 31,605.22, while the broader Nifty 50 ended at 9,314.95, up 285.90 points (3.17 per cent).

27 May 10:33 The Indian Express 2885715104922492637.html
EU to unveil virus recovery plan amid split over way ahead

The move Wednesday comes as the 27-nation trading bloc is set to enter its deepest-ever recession as the impact from the coronavirus pandemic ravages economies.

27 May 10:20 The Indian Express 2885715105648752896.html
Ringgit up against US dollar at close

KUALA LUMPUR, May 27 — The ringgit ended higher against the US dollar despite global risk sentiment and declining crude oil prices, a dealer said. As at 6pm, the local note was quoted at 4.3450/3510 against the greenback compared with last Friday’s close of 4.3610/3690. At press time, Brent...

27 May 10:49 Malaymail 302165934745592155.html
New Finas chairman pledges to strengthen creative industry

KUALA LUMPUR, May 27 — The new chairman of the National Film Development Corporation Malaysia (Finas), Zakaria Abd Hamid, will meet stakeholders of the arts industry soon to discuss its direction and ways to strengthen development of the local creative industry. Zakaria said he is committed to...

27 May 10:48 Malaymail 302165935296340075.html
Israel Rejects Chinese Bid to Build World's Largest Desalination Plant

Under U.S. pressure, Israel has appointed a local company to construct Sorek 2, a desalination plant that is set to become...

27 May 10:12 Breitbart 3148363492453991201.html
Editorial: Get money where it’s needed, ASAP | Honolulu Star-Advertiser

The Legislature is in another recess for the next few weeks, but it had better be a working recess. One in which the work is going to be pretty hard, because there are so many problems to solve, stemming from the COVID-19 pandemic and economic crisis.

27 May 10:05 Star-Advertiser 3439335389049686704.html
John Lewis reveals first stores to reopen doors on June 15

The retailer said it will reopen two stores on Monday June 15, followed by a further 11 sites on Thursday June 18.

27 May 10:14 Shropshire Star 3480199992721321673.html
How lawmaker ties helped shape Fed chairman's COVID-19 response

Federal Reserve Chairman Jerome Powell's deep ties with lawmakers are paying off as the central bank deploys trillions of dollars in financial support for the economy with the blessing of Congress.

27 May 10:00 TheHill 355432919055890997.html
DNS traffic and DDoS events rise during pandemic

New research from DNS intelligence specialist Farsight Security, focusing on over 300 leading websites, finds that between March and April there has been an increase in DDoS events involving popular brand names.

27 May 10:29 BetaNews 3764252315430285918.html
'Dangerously naive': APRA warns the worst is ahead

The banking regulator has asked banks not to rush to rebuild capital buffers and to disclose to shareholders "reliable and accurate" information amid mounting threats.

27 May 10:30 Australian Financial Review 3974284486906737460.html
Lowy family-backed fund pays $40m for Melbourne homemaker centre

The buyer of the City West Plaza is Assembly Funds Management which last year received a $75 million injection from the Lowy Family Group.

27 May 10:00 Australian Financial Review 3974284487484676239.html
Work-from-home emergence prompts rethink on designs, project locations

Developers are redesigning their projects prompted by buyers' emerging needs as a result of working from home.

27 May 10:08 Australian Financial Review 3974284488209697713.html
Satoshi Nakaboto: ‘S&P 500 outperformed Bitcoin over the past year’

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 Aristotle used to say: Let’s get it! Bitcoin price We closed the day, May 26 2020, at a price […]

27 May 10:28 Hard Fork | The Next Web 3990801509282385833.html
Are the Coronavirus Bailouts Working? What We Know So Far

If the crisis persists, Congress, the Treasury Department and the Federal Reserve may have to rewrite their playbooks.

27 May 10:00 Bloomberg.com 4032480121394131804.html
Halfords to fully reopen to customers in Dundee – but don’t handle the products

Halfords in Dundee is preparing to reopen to customers after a successful trial of physical-distancing measures on its shop floors.

27 May 10:03 The Courier 4275302767110463747.html
CCL Stock Price: Carnival Corp set to hit 10-week high above $18 amid growing analyst optimism

Another day, another double-digit increase? Carnival Corp's stocks closed at $16.28 on Tuesday and are changing hands at above $18 per share in pre-ma

27 May 10:42 FXStreet 4480975638211830928.html
Pound Sterling Price News and Forecast: GBP/USD bulls paused near 50% Fibo

Flying further up with free-roaming fish? While Brits are closely following the latest developments around Dominic Cummings – the special adviser at D

27 May 10:04 FXStreet 4480975638642298214.html
EUR/GBP clings to gains near daily tops, still below mid-0.8900s

The shared currency caught some fresh bids in the last hour and lifted the EUR/GBP cross to daily tops, around the 0.8935 region. The cross stalled it

27 May 10:03 FXStreet 4480975638708403600.html
USD/BRL: Leading to the 2002 highs amid political noise – Deutsche Bank

The most pressing challenge in Brazil is containing the COVID-19 epidemic, according to strategists at Deutsche Bank, who expect the USD/BRL pair to b

27 May 10:44 FXStreet 4480975639272068984.html
NZD/USD trades at fresh multi-month highs above 0.6200

The NZD/USD pair gained nearly 100 pips on Tuesday boosted by the risk rally and the selling pressure surrounding the greenback. The pair stretched hi

27 May 10:40 FXStreet 4480975639427404873.html
GBP/USD: Sterling has room to rise on Brexit hopes

Brexit hopes, the scandal around Dominic Cummings, and Sino-American relations are in the mix. Yohay Elam, an analyst at FXStreet, thinks the cable ha

27 May 10:11 FXStreet 4480975639901484056.html
S&P 500: No supports of note broken – Credit Suisse

S&P 500 outlook stays seen critically balanced with the market still below its 200-day average at 3000 on a closing basis, but with no supports of not

27 May 10:04 FXStreet 4480975639991157301.html
WTI attempts a bounce above $34 mark ahead of API data

WTI (July futures on Nymex) witnessed a quick bounce from daily lows of 33.52 and regained the 34 handle in the last hour, now consolidating above the

27 May 10:23 FXStreet 4480975640099094992.html
PBoC: China to roll out 11 financial reform measures in near-term

The People's Bank of China (PBoC) on Wednesday announced that China will be rolling out 11 financial reform measures in the near-term. "China will dee

27 May 10:55 FXStreet 4480975640172736977.html
Sharp IT budget cuts expected in wake of COVID-19

Gartner and IDC see global IT spending dropping precipitously this year, with cloud services an exception as enterprises accelerate transformational strategies.

27 May 10:00 ITworld 4692569784510760631.html
Nokia Temporarily Shuts Down Its Manufacturing Unit Near Chennai After 18 Employees Test Positive For Covid-19

Nokia Temporarily Shuts Down Its Manufacturing Unit Near Chennai After 18 Employees Test Positive For Covid-19

27 May 10:50 Swarajya 4977622830312405646.html
BS Yediyurappa Following PM By Not Fulfilling COVID-19 Package Promise: Siddaramaiah

Congress leader Siddaramaiah on Wednesday hit out at Chief Minister BS Yediyurappa-led Karnataka government for allegedly "betraying" the people by not fulfilling its Rs 1,610 crore COVID-19 package promise.

27 May 10:12 NDTV.com 5090057681249953247.html
Amazon is reportedly in talks to buy secretive self-driving car company Zoox for less than $3.2 billion, Business Insider - Business Insider Singapore

Business Insider - Zoox hinted it's had interest from multiple buyers.. Read more at businessinsider.sg

27 May 10:04 www.businessinsider.sg 5090408756122001007.html
Global stocks are mixed after Trump promised 'interesting' action against China, while Europe awaits a huge new stimulus package, Business Insider - Business Insider Singapore

Business Insider - Trump warned Hong Kong was at risk of losing its status as a global financial centre if China's proposed national security law goes ahead as planned.. Read more at businessinsider.sg

27 May 10:04 www.businessinsider.sg 5090408757578967240.html
AfCFTA: Implementing Africa’s free trade pact the best stimulus for post COVID-19 economies

Wamkele Mene was recently appointed Secretary General of the African Continental Free Trade Area Secretariat. Due to the effects of COVID-19, free trading for countries that have ratified the agreement cannot begin on July 1, 2020 as was originally scheduled. He spoke to Kingsley Ighobor about the way forward. Describe the impact of COVID-19 on …

27 May 10:00 The Independent Uganda: 5099025989711311132.html
Royal Bank Q2 profit cut to $1.48 billion compared with $3.23 billion a year ago

TORONTO — Royal Bank of Canada saw its second-quarter profit cut to less than half what it was a year ago as the amount it set aside for bad loans soared due to the pandemic. The bank says it earned $1.48 billion or $1.

27 May 10:37 KitchenerToday.com 52741009150557665.html
Toronto Star owner Torstar to be sold, taken private in $52- million deal

TORONTO — Five families that built and grew media conglomerate Torstar Corp. have agreed to hand the newspapers they presided over for roughly 70 years to a Canadian investment firm that plans to take the company private.

27 May 10:43 KitchenerToday.com 52741009901782796.html
BMO reports Q2 profit down from year ago as provisions for credit losses rise

TORONTO — BMO Financial Group reported a second-quarter profit of $689 million, down from $1.5 billion a year ago, as it increased the amount set aside for bad loans due to the pandemic.

27 May 10:18 KitchenerToday.com 52741010792986471.html
Loan moratorium: It is better for credit card customers to either clear dues or opt for EMI to avoid interest burden

The extension of the moratorium on term loans by another three months till August 31 is a big relief for many borrowers but experts advise that you should avoid it for outstanding credit card dues.Wit

27 May 10:50 BusinessLine 5283600705747037.html
Banks go digital to maintain social distancing in post Covid world

Contactless services set to gain ground

27 May 10:04 BusinessLine 5283600799082102.html
Current crisis calls for a revised Union Budget

The provisions included in the Budget fro 2020-21 are insufficient to boost growth in light of the Covid-19 pandemic. Focus should be on stimulating economic activity and creating employment

27 May 10:07 BusinessLine 5283601300739742.html
Covid-19 highlights importance of agri storage

Promoting storage capacity of food grains at the Gram-Panchayat level will go a long way in making villages and farmers self-reliant

27 May 10:04 BusinessLine 5283601450594612.html
NZF Foundation spent $130k on company run by Winston Peters' lawyer

Tens of thousands in donor's funds given to the New Zealand First Foundation were spent paying expenses, wages and bills for people closely associated with the New Zealand First leader Winston Peters.

27 May 10:14 SCOOP 5315658998828731622.html
Takeovers Panel Responds To Metlifecare’s Application For Letter Of Intention

The Takeovers Panel has reviewed the information proposed to be put by Metlifecare Limited (Metlifecare) to its shareholders for the purpose of voting on a scheme of arrangement (the Proposed Scheme) to effect the acquisition of 100% of the ordinary shares in Metlifecare by Asia Pacific Village Group Limited (APVG).

27 May 10:04 SCOOP 5315658999268030350.html
Bank Hapoalim: Up to 1,000 employees to be laid off due to coronavirus - Inside Israel

Bank Hapoalim announces plan to lay off up to 1,000 employees, in effort to raise efficacy and save on salaries.

27 May 10:23 Israel National News 5374683669553020601.html
New turbulence in high-stakes Lufthansa rescue drama

Coronavirus-stricken airline group Lufthansa wavered Wednesday on grabbing a nine-billion-euro ($9.9 billion) German state lifeline, throwing up new turbulence for a rescue that could decide the fate ...

27 May 17:10 Tech Xplore 4945708898372721537.html
Air France to cut 40% of domestic flights after bailout

Air France-KLM will slash 40 percent of its French domestic flights by next year in exchange for receiving seven billion euros ($7.7 billion) in emergency coronavirus funding backed by the French state, ...

27 May 17:10 Tech Xplore 4945708899064453494.html
Farmers Will Grow What Markets Want: What Modi Government’s Agriculture Reforms Will Achieve

To begin with, the change towards a demand-driven value chain, instead of a supply-driven one, is a gamechanger.

27 May 17:34 Swarajya 4977622830370800693.html
One of the most profitable trades since 1993 is broken amid the coronavirus pandemic, Business Insider - Business Insider Singapore

Business Insider - Over the first 100 trading days of 2020, a trader that bought the close and sold the open would be down 19.7%.. Read more at businessinsider.sg

27 May 17:30 www.businessinsider.sg 5090408755724689399.html
Robinhood says it's fixed an issue that showed incorrect portfolio values for users, Business Insider - Business Insider Singapore

Business Insider - Several users took to Twitter with complaints that their account values moved out-of-step with underlying investments.. Read more at businessinsider.sg

27 May 17:55 www.businessinsider.sg 5090408757219986032.html
Boeing slashes 12,000 jobs as virus seizes travel industry

Boeing is cutting more than 12,000 jobs through layoffs and buyouts as the coronavirus pandemic seizes the travel industry. And the aircraft maker says more cuts are coming.

27 May 17:59 KitchenerToday.com 52741009662893219.html
Health and Welfare ministries to take budget cuts - Inside Israel

Government expected to approve budget cuts across all ministries, to make room for additional ministries as per coalition agreements.

27 May 17:30 Israel National News 5374683668633161279.html
China's Chery Auto plans to sell cars in EU, United States: chairman

China's Chery Automobile, which has a manufacturing partnership with Jaguar Land Rover (JLR) , is planning to sell its own-branded cars in the ...

27 May 17:35 CNA 5644198862553372244.html
Hugo Boss sees recovery in third quarter at earliest

Hugo Boss expects a recovery in its business in the third quarter at the earliest due to store closures and consumer caution during the ...

27 May 17:30 CNA 5644198863814290633.html
Reducing migrant worker population will affect Singapore's competitive edge, lead to higher costs: Industry groups

SINGAPORE: A reduction in the number of foreign workers in Singapore would have multiple implications on the economy and businesses, and also have ...

27 May 17:23 CNA 5644198864185042391.html
Wells Fargo's Stock May Soon Reverse Lower

Wells Fargo stock has seen a massive rally off the May lows. Options traders are betting that the stock falls by July. The fundamental outlook is very weak.

27 May 17:52 Seeking Alpha 5725634556363619218.html
Cavco Industries, Inc. (CVCO) CEO Bill Boor on Q4 2020 Results - Earnings Call Transcript

Cavco Industries, Inc. (NASDAQ:CVCO) Q4 2020 Results Conference Call May 27, 2020 8:00 AM ET Company Participants Mark Fusler - Director of Financial Reporting

27 May 17:06 Seeking Alpha 5725634556383546816.html
Virtu Financial: Examining Possible Investment Thesis And Strategy

Virtu has shown attractive characteristics as a hedge against volatility and as income play. While the stock has not yet gone through prolonged recession and be

27 May 17:11 Seeking Alpha 5725634556413512349.html
AT&T - Disney Plus Suggests T Could See Quick Returns From HBO Max

AT&T is launching HBO Max in 2 days. Disney Plus performed incredibly well after launch with Disney's stock going up 10% in 2 weeks. While the services are diff

27 May 17:15 Seeking Alpha 5725634556476255129.html
BlackLine: A Software Company With A Strong Moat

BlackLine's focus on cross-system functionality gives the company a competitive advantage. BlackLine's moat comes from customers having extremely high switching

27 May 17:52 Seeking Alpha 5725634556601388867.html
IBM: $80 Per Share Is More Reasonable

IBM's dedication to the dividend is both impressive and stubborn. I believe IBM is around 50% overvalued, stemming from its poor investment decisions and amazin

27 May 17:54 Seeking Alpha 5725634556610164675.html
Mastercard: A Major Beneficiary Of The "New Normal"

Mastercard's recent operating update suggested a likely trough in business activity, with sharp improvements seen in the last few weeks. Cross border transactio

27 May 17:58 Seeking Alpha 5725634556979936977.html
Realty Income: A Best In Class REIT

Realty Income collected 83% of April rents showing the strength of their portfolio. The top 4 industries in the portfolio sell essential goods, which has bode w

27 May 17:00 Seeking Alpha 5725634557004267962.html
Briggs & Stratton: The Equity Is Out Of Money

The recently stock rally doesn't make any sense. There are a few restructuring scenarios but none of them are good for the existing equityholders. Chapter 11 mi

27 May 17:52 Seeking Alpha 5725634557417440629.html
Partner Communications Company Ltd. (PTNR) CEO Isaac Benbenisti on Q1 2020 Results - Earnings Call Transcript

Partner Communications Company Ltd. (NASDAQ:PTNR) Q1 2020 Earnings Conference Call May 27, 2020 10:00 AM ET Company Participants Gideon Koch - Investor Relation

27 May 17:03 Seeking Alpha 5725634557522996751.html
Kohl's Is In Trouble

KSS saw sales plummet more than 40% in Q1, with Q2 shaping up to be even worse. Looking further out, Kohl's is relying upon its digital business, but I don't th

27 May 17:50 Seeking Alpha 5725634557581801213.html
Iron Mountain: Strong Operating Results Despite COVID-19

Iron Mountain recently declared its dividend in line with the previous, which is excellent news in a difficult economic environment such as the one we are curre

27 May 17:06 Seeking Alpha 5725634558000017196.html
Columbus McKinnon Corporation's (CMCO) CEO Richard Fleming on Q4 2020 Results - Earnings Call Transcript

Columbus McKinnon Corporation (NASDAQ:CMCO) Q4 2020 Results Earnings Conference Call May 27, 2020, 08:00 AM ET Company Participants Deborah Pawlowski - Investor

27 May 17:54 Seeking Alpha 5725634558005841715.html
Punjab CM Captain Amarinder Singh to announce decision on lifting of extension of lockdown on May 30

Punjab had 2,106 COVID-19 cases, including 1,918 cured/discharged and 40 deaths.

27 May 17:00 newsx.com 5974563061766832523.html
The average savings account interest rate is less than 1%, but it's not hard to earn more on your money

The average savings account interest rate is .06 — but opting for a high-yield savings account instead is an easy way to earn more than that.

27 May 17:18 Business Insider 6060062401091388032.html
Government may need to pump $20 billion into coronavirus-hit state banks: Report

India Business News: India may need to inject up to Rs 1.5 lakh crore ($19.81 billion) into its state-owned lenders as their pile of soured assets is expected to double du

27 May 17:36 The Times of India 6060938663423915686.html
Govt amends norms; companys' contribution to PM Cares Fund to qualify as CSR expenditure

India Business News: The government has amended the norms whereby contributions by corporates to the PM CARES Fund will qualify as corporate social responsibility (CSR) sp

27 May 17:24 The Times of India 6060938664357309587.html
Coronavirus has ‘undeniably’ diverted attention from Brexit – senior official

Andrew McCormick, Stormont’s Director General of International Relations, said preparedness on EU exit needs to be ‘dealt with urgently’.

27 May 17:04 Jersey Evening Post 6141642774427062276.html
Autonomous car company Aurora increases hiring amid industry struggles

Autonomous vehicle startup Aurora committed to hiring employees as it welcomes new executive hires and interns and crosses the 500-employee mark.

27 May 17:00 VentureBeat 6273363635816199618.html
The Productivity Commission's Hamed Shafiee says the goal should not be simply to rebuild the economy we had, but to shift gear and find new ways for the economy to reach its full potential

The Productivity Commission's Hamed Shafiee says the goal should not be simply to rebuild the economy we had, but to shift gear and find new ways for the economy to reach its full potential

27 May 17:02 interest.co.nz 6454226275992896149.html
Lockdown presents mixed fortunes for Prakasam farmers

Paddy, Bengal gram, maize growers saw gains, while tobacco and chilli cultivators faced hard times

27 May 17:48 The Hindu 6679535024368977625.html
Low rates, poor demand hit jasmine growers

Though the sale of Udupi Mallige or Udupi jasmine started about a month ago, growers say that they are getting low rates, while flower sellers say that the demand is poor on account of lockdown restri

27 May 17:29 The Hindu 6679535024398687426.html
Wheat procurement on target despite lockdown

While it is progressing swiftly in States like Punjab and Haryana, U.P. is lagging behind; Madhya Pradesh crosses target

27 May 17:23 The Hindu 6679535024711364645.html
Leo Puriset to join JP Morgan

Leo Puri, the former MD and CEO of UTI Mutual Fund, will take charge as the chairman of JP Morgan, South and Southeast Asia after Kalpana Morparia retires in 2021.“[Ms.] Morparia, chairman, south and

27 May 17:03 The Hindu 6679535025467149778.html
Hospitality sector in the Nilgiris may see 70% slide in revenue

Lockdown coincided with peak season for tourism

27 May 17:49 The Hindu 6679535025516016846.html
SBI customers to SMS ‘yes’ for moratorium

State Bank of India’s (SBI’s) customers will be able to avail loan repayment moratorium facility by simply responding to an SMS from the bank, the lender said.The bank will send an SMS to customers,

27 May 17:04 The Hindu 6679535025650458509.html
PU evaluation work inMangaluru from today

Govt. agrees to provide transport and food to evaluators

27 May 17:27 The Hindu 6679535025842730850.html
BJP, JSP launch ‘Vizagnot for sale’ campaign

‘It is imprudent to sell away prime land for doling out freebies’

27 May 17:18 The Hindu 6679535025934259155.html
Foodgrains procurement centres to close by May 31

CM tells Agriculture dept. to focus on crop season from June

27 May 17:18 The Hindu 6679535026123090573.html
Discom reduces T&D losses to 6.64%, says CMD

‘Steps have been taken to solve problems of consumers’

27 May 17:15 The Hindu 6679535026142160780.html
Boris Johnson says 'air bridges' could remove need to quarantine by end of June

The Prime Minister suggested that "air bridges" could allow people to return to the UK from some countries from the end of next month without needing to quarantine

27 May 17:47 mirror 675785261546799759.html
RB Salzburg boss admits transfer mistake selling Takumi Minamino for cheap

Takumi Minamino joined Liverpool from Salzburg for just £7.25million in the January transfer window after the Reds triggered the Japan international's release clause

27 May 17:02 mirror 675785261761882108.html
San Francisco based Fintech Fundbox, a B2B Payment and Credit Network Provider, Receives Investment from Japan’s MUFG

Fundbox, a Fintech firm focused on "disrupting" the global $21 trillion B2B commerce ecosystem with its payment and credit network for B2B transactions, confi

27 May 17:05 Crowdfund Insider 6834688073028818317.html
Moscow says Putin and Saudi Arabia’s Mohammed bin Salman agreed to ‘close coordination’ on oil output

The Kremlin said they also both noted the importance of joint efforts aimed at reaching the agreements within the OPEC+ group in April on oil production curbs

27 May 17:28 The Globe and Mail 68426410524094232.html
Canada investigating alleged dumping of steel imports from five countries

Anti-dumping duties will be applied for an initial period of five years if the Canadian International Trade Tribunal subsequently concurs that the imports injured domestic producers

27 May 17:12 The Globe and Mail 68426411533858001.html
All three Detroit automakers have had workers test positive for COVID-19 since plants reopened

The U.S. auto industry reopened many plants last week after a two-month shutdown due to the global pandemic

27 May 17:34 The Globe and Mail 68426411592345366.html
You won’t attract investment without state intervention – Mykola Shchurikov about the chemical industry development strategy

The main problem is the inability to compete with importers. Their share in the domestic fertilizer market has exceeded 70%.

27 May 17:12 UNIAN 6863008972207961267.html
Currency.com vs BitMEX – Can Regulated Tokenized Securities Compete with the King of Crypto Derivatives?

Having launched in 2014, BitMEX enjoyed many years as the only fish swimming in the cryptocurrency derivatives pond. However, in recent times, it has found itse

27 May 17:19 NewsBTC 7232133510193278452.html
Ethereum’s Best Use Case Goes Parabolic, DeFi Users Double in 6 Months

The use case that helped power Ethereum's record-setting string of positive weekly closes in early 2020, has now gone parabolic.

27 May 17:30 NewsBTC 7232133510219864082.html
Govt disburses $202 million for 5 million poor families via village funds program

In total, some 63,000 villages of the nearly 75,000 villages in Indonesia have received village funds.

27 May 17:43 The Jakarta Post 7678601103051749416.html
Ires defends 40% fee hike for its chairman

Remuneration committee increases Declan Moylan’s fees to €140,000 a year from February 2019

27 May 17:16 The Irish Times 8204772967735191490.html
Boeing sends layoff notices to more than 6,000 employees

May 27 (UPI) -- Boeing said Wednesday it is laying off more than 6,000 employees in the first phase of its plans to reduce its workforce by 10 percent as the airline industry reels from the coronavirus pandemic.

27 May 17:47 UPI 8257973865568006269.html
One of the most profitable trades since 1993 is broken amid the coronavirus pandemic

One of the most profitable trades since 1993 is broken amid the coronavirus pandemic.

27 May 17:30 Business Insider Malaysia 8325046882309119991.html
U.S. considering suspension of Hong Kong's special tariff rates: sources

WASHINGTON (Reuters) - The Trump administration is considering suspending Hong Kong’s preferential tariff rates for exports to the United States as part of its response to China’s plan to impose national security laws on the former British colony, people familiar with the matter said on Wednesday.

27 May 17:58 Reuters 8334514181591646882.html
Two Canadian Banks Set Aside C$4 billion for Coronavirus Credit Losses

Anticipated bankruptcies and defaults caused by the coronavirus pandemic will mean lenders have to record potential losses from their loan portfolios sooner

27 May 17:47 Finance Magnates 8992138265737628249.html
Over 3500 Shramik Special trains carrying over 48 lakh passengers organised till date: Railway Ministry

The Ministry of Railways on Wednesday informed that over 3,500 Shramik special trains have been originated till now by Indian Railways carrying more than 48 lakh passengers to various destinations.

27 May 17:23 Free Press Journal 9080771788034650760.html
PSG Group to offload 28.11% stake in Capitec to shareholders

Post-unbundling it will retain a 4.3% shareholding in the bank.

27 May 18:02 Moneyweb 1092550946224721115.html
Eskom sees lower risk of power cuts during winter

Load shedding at Stage 1 only, and for just three days.

27 May 18:35 Moneyweb 1092550946635630697.html
Gender diversity at PSUs still a distant dream; lags promoter firms and MNCs

In the 4,657 firms in NIFTY 500, 13 companies do not have any women directors. Of those, 12 are PSUs

27 May 18:23 Business Today 1145527430848376643.html
Biz EOD: NHAI offers COVID loan; SBI cuts FD rates; Maha tops MSME registrations

Catch top stories from the world of business and economy with BusinessToday.In's Biz EOD report

27 May 18:21 Business Today 1145527431639408747.html
Why Latin American airlines are going belly-up?

The move allows Latam Airlines Group to keep operating while it works out a plan to pay creditors and turn around the business.

27 May 18:21 The Financial Express 1288289579627202744.html
PGCIL Recruitment 2020: Jobs alert for Power Grid Corporation vacancies; check application details

PGCIL or Power Grid Corporation of India Limited is a Maharatna company which falls under the Ministry of Power, Government of India.

27 May 18:53 The Financial Express 1288289579650669840.html
Indian Air Force gets 15 deadly and heavyweight Chinook Helicopters! To help operations in the Northeast Region

Sources in the Indian Air Force (IAF) have confirmed to Financial Express Online that “The final five of the 15 Chinook heavy-lift helicopters were handed over to the IAF at the Air Force Station, Chandigarh, just before the countrywide lockdown.”

27 May 18:02 The Financial Express 1288289579717450727.html
IOCL Recruitment through GATE 2020: Applications invited for various posts; here’s how candidates can apply

The vacancies have been listed for the recruitment to several posts of Engineers/Officers and Graduate Apprentice Engineer.

27 May 18:30 The Financial Express 1288289580229689317.html
Germany's DAX 30 Index: German stocks gain despite sell-off in tech shares

A sell-off in technology stocks dragged on the German stock market on Wednesday. Nevertheless, the DAX closed the eighth of its last nine trading days

27 May 15:55 FXStreet 4480975638780492003.html
USD/CAD extends rebound, trades above 1.3800 on oil selloff

The USD/CAD pair fell to its lowest level in more than two months at 1.3725 on Wednesday and staged a decisive recovery in the second half of the day.

27 May 15:31 FXStreet 4480975639804904525.html
Banff ready to welcome visitors once again, some streets closed to vehicle access

A two block stretch of Banff Avenue will be closed to vehicles, along with a portion of Caribou Street.

27 May 15:20 Calgary 4726856559898773327.html
Crisis Looming Over Handlooms: Six Relief And Revival Measures That Can Help The Sector Tide Over The Impact Of Covid-19 

Since mills are under lockdown, yarn supplies have come to a grinding halt, hitting the handloom sector severely.

27 May 15:37 Swarajya 4977622829699961439.html
GE switches off light bulb business after almost 130 years

GE started with lighting, but today it’s more of an “industry and debt” firm.

27 May 15:04 Ars Technica 5028555108228809114.html
Boeing will lay off nearly 7,000 workers as the industry is decimated by the COVID-19 pandemic, Business Insider - Business Insider Singapore

Business Insider - The company described the layoffs as "the first," with more expected later in the year.. Read more at businessinsider.sg

27 May 15:32 www.businessinsider.sg 5090408755749579801.html
A 'capital war' is accelerating between the US and China, and the coronavirus pandemic is only making it worse, according to one investor, Business Insider - Business Insider Singapore

Business Insider - "We're in a world where capital wars matter," Michael Howell, CEO of Crossborder Capital, said in a Tuesday interview with CNBC.. Read more at businessinsider.sg

27 May 15:54 www.businessinsider.sg 5090408755811675616.html
The coronavirus crisis will be 'hugely beneficial' to Amazon and other tech giants, billionaire investor Bill Ackman said, Business Insider - Business Insider Singapore

Business Insider - To the extent that investors are driving up stocks to reflect tech's bright prospects, the market "doesn't seem wrong to me," Ackman said.. Read more at businessinsider.sg

27 May 15:33 www.businessinsider.sg 5090408756156674497.html
Bankrupt Hertz just told all of its landlords it won't pay rent for six months in the latest slam to commercial real estate, Business Insider - Business Insider Singapore

Business Insider - The notice came several days before Hertz, saddled with a debt of $19 billion, declared bankruptcy on May 22.. Read more at businessinsider.sg

27 May 15:09 www.businessinsider.sg 5090408757205047105.html
68% of newly unemployed American workers could earn more money from government benefits than they did from their pre-pandemic jobs, research claims, Business Insider - Business Insider Singapore

Business Insider - Jobless data showed last week that about 39 million people in total have filed for unemployment in the last nine weeks of the pandemic.. Read more at businessinsider.sg

27 May 15:22 www.businessinsider.sg 5090408757609635999.html
European Commissions unveils €750-billion recovery plan

The European Commission proposed a €750-billion aid package to help Europe’s economic recovery from the fallout of the coronavirus pandemic on Wednesday

27 May 15:41 Times of Oman 5168079154662746097.html
COVID-19 rent aid for businesses, landlords to cost $520 million, PBO says

OTTAWA — Parliament's spending watchdog estimates a program aimed at giving small businesses a break on their rents could cost the federal treasury $520 million this fiscal year.

27 May 15:08 KitchenerToday.com 52741009647005406.html
How about giving the middle class a break?

They are the heart of India’s consumption engine but seldom get a policy look-in

27 May 15:12 BusinessLine 5283600514397209.html
A survival-of-the-fittest approach towards MSMEs

The structuring of their relief package suggests that the Centre is only keen to ensure the sustenance of somewhat large and viable MSMEs

27 May 15:12 BusinessLine 5283600572756991.html
GDP growth may rebound to 5% in FY22: Former RBI governor

The economy, which is likely to contract by 5 per cent in the current fiscal year, may expand by around 5 per cent in the next financial year, former RBI governor Duvvuri Subbarao said. Rating agency

27 May 15:48 BusinessLine 5283601287591102.html
Government Investment Supports The Acquisition Of New Interislander Ferries

State-Owned Enterprises Minister Winston Peters has welcomed KiwiRail’s announcement that it is seeking a preferred shipyard to build two new rail-enabled ferries for the Cook Strait crossing.

27 May 15:24 SCOOP 5315658998538792285.html
Lane Neave Advises MIE Pay On Australian Listing

Lane Neave has advised financial and technology company MIE Pay Limited on the New Zealand aspects of its listing on the National Stock Exchange of Australia.

27 May 15:22 SCOOP 5315658998825382161.html
More For Some, Less For Others

The Government’s new welfare scheme is ill targeted and provides the most support to those who need it the least, National’s Social Development spokesperson Louise Upston says.

27 May 15:01 SCOOP 5315658999614569389.html
New Zealand Facing Largest Decline In GDP In 160 Years

Estimates from the Reserve Bank today show New Zealand will this year experience the largest decline in annual GDP in at least 160 years, highlighting the seriousness of the economic crisis we are facing, National’s Finance Spokesperson Paul Goldsmith says.

27 May 15:03 SCOOP 5315659000365677441.html
BC Ferries losing up to $1.5 million each day as pandemic tanks ridership

The company does not qualify for the wage subsidy

27 May 15:10 North Delta Reporter 5327740410530756715.html
Workday Shares Have Become A GARP Story - And A Good One At That

Workday will be announcing the results of its fiscal Q1 (ended 4/30/30) this Wednesday, May 27th. At this point, expectations are muted reflecting the extent to

27 May 15:19 Seeking Alpha 5725634556110015193.html
AMD: 100X P/E Ratio Is Not Supported By 2020 Revenue Projections

No stock can maintain a 100x PE ratio without booming revenue. A recession/depression will depress overall demand. Competitor Intel is projecting a weak quarter

27 May 15:54 Seeking Alpha 5725634557229293286.html
Photronics Inc. (PLAB) CEO Peter Kirlin on Q2 2020 Results - Earnings Call Transcript

Photronics, Inc. (NASDAQ:PLAB) Q2 2020 Earnings Conference Call May 27, 2020 08:30 A.M. ET Company Participants Troy Dewar - VP, IR Peter S. Kirlin - CEO John P

27 May 15:08 Seeking Alpha 5725634557294966725.html
Netflix: Behind The Account Culling

On May 21, 2020, Netflix announced they would be culling accounts dormant for over a year. The company indicated they didn't want people to pay for a service th

27 May 15:37 Seeking Alpha 5725634557682046728.html
How Microsoft's Azure Is Helping In The Fight Against COVID-19

Microsoft's cloud business, Azure, along with artificial intelligence is being used by companies and the CDC to battle COVID-19. Microsoft is likely to be a hig

27 May 15:15 Seeking Alpha 5725634557811445440.html
LINK Has Grown 4x In The Last Year, And May Keep Growing

Chainlink was likely the best altcoin investment of the last 12 months - up nearly 4x from its $1 price last May. Partnerships continue to increase, including a

27 May 15:12 Seeking Alpha 5725634557826952841.html
Etsy: Downgrading On Valuation And Competition

Shares of Etsy have been a major outperformed this year, rising 64% year-to-date despite a ~10% decline in the broader markets. The company has continued strong

27 May 15:23 Seeking Alpha 5725634557900141860.html
Is Northern Oil And Gas Worth The Risk At This Price

We discuss Northern Oil and Gas's unique business model and how it may be a strategic advantage. We lay out the company's history of share dilution and will let

27 May 15:27 Seeking Alpha 5725634558045952259.html
Tuesday Morning becomes 5th big retailer to file Chapter 11

Discount goods retailer Tuesday Morning has filed for Chapter 11 bankruptcy protection, the fifth major retailer to do so since the pandemic.

27 May 15:02 ABC Action News - WFTS - Tampa Bay 5911730203618692572.html
A 'capital war' is accelerating between the US and China, and the coronavirus pandemic is only making it worse, according to one investor

"We're in a world where capital wars matter," Michael Howell, CEO of Crossborder Capital, said in a Tuesday interview with CNBC.

27 May 15:54 Business Insider 6060062399580433888.html
IAF commissions second squadron of Tejas fighters with chief flying solo sortie

India News: The IAF commissioned its second squadron of the indigenous Tejas light combat aircraft on Wednesday, even as the Rs 37,000 crore contract for producti

27 May 15:04 The Times of India 6060938663422930118.html
Piyush Goyal asks industry to start working for post-Covid period; says worst for economy is over

India Business News: Commerce and industry minister Piyush Goyal on Wednesday asked the industry to start working for the post-COVID period with good ideas and firm implem

27 May 15:15 The Times of India 6060938663523267491.html
Pub jobs at risk unless social distancing is cut to one metre, trade groups warn

Expecting pubs to contribute to furlough costs whilst they are still closed is ‘madness’, Chancellor told.

27 May 15:34 Jersey Evening Post 6141642774405587060.html
Mix of loans and grants in Commission €750bn package

Italy and Spain, the worst-hit EU countries by the coronavirus pandemic, will get much of the new money under the European Commission's recovery plans - that mark a turning point for the bloc in moving towards joint debt.

27 May 15:46 EUobserver 625925299870759556.html
'Mother of all sales' predicted for Devon and Cornwall's shops as they reopen

According to experts, there could be the 'mother of all sales' for the next few months

27 May 15:19 PlymouthLive 6373569607621870859.html
Taseko signs deal for Yellowhead copper project in Canada

Taseko Mines has signed an agreement with an indigenous nation as it seeks to secure regulatory approval for the Yellowhead copper project in Canada.

27 May 15:01 Mining Technology 639193375395167585.html
Delhi Dy CM interacts with principals regarding reopening of schools

Manish Sisodia also stressed that maintaining social distancing, sanitisation among others would be of utmost priority when the reopening takes place.The national capital, with 14,465 covid-19 cases is one of the worst affected States by the infection in the country

27 May 15:07 Livemint 6614605819021339375.html
COVID-19 rent aid for businesses, landlords to cost $520 million, PBO says

OTTAWA - Parliament's spending watchdog estimates a program aimed at giving small businesses a break on their rents could cost the federal treasury $520 mil

27 May 15:08 iNFOnews.ca 6669504246194781151.html
Moscow in 2014 banned wholesale imports from the European Union of most types of fresh foods in response to EU sanctions over Russia's actions in Ukraine including the annexation of Crimea

Russia on Wednesday seized 40 tonnes of European cheeses smuggled into the country in breach of an embargo on EU food imports, the customs service said. The shipment included Dorblu blue cheese and Italian hard cheeses such as Grana Padano, the customs service said. This was in response to EU sanctions

27 May 16:49 Yahoo 7097669638157355689.html
Crypto Comeback: Chief Economic Adviser Optimistic Over Renewed Risk-On Tone

When the pandemic first struck, crypto investors feverishly began reducing overall risk across their asset portfolio.

27 May 16:00 NewsBTC 7232133511224197279.html
London markets make ‘solid’ gains as trading optimism continues

London’s top flight closed 76.49 points higher at 6,144.25p at the end of trading on Wednesday.

27 May 16:17 Express & Star 7324224459091156734.html
Victor Davis Hanson: The spreading debt virus — 5 potential cures for $30 trillion problem

The massive borrowing is being driven both by prior budget profligacy and a hurried effort by to pump liquidity into a quarantined America.  

27 May 16:34 Fox News 7362823820406970115.html
NLC protests slash in workers’ salaries, gives Ganduje 14 days to make U-turn

Organised labour in Kano has issued a 14-day ultimatum to the state government to pay back the deduction it made to workers' salaries or they go on strike.

27 May 16:26 TheCable 7513571676074796791.html
Fitch Ratings further reduced India’s GDP forecast to (-) 5 per cent

New Delhi, May 27 (IANS) India’s stringent lockdown norms have lasted longer than expected, said Fitch Ratings as it further reduced India’s GDP forecast to (-) 5 per cent from an earlier projected growth of 0.8 per cent for the current fiscal.

27 May 16:41 Bilkul Online 7514029329149824923.html
Punjab seeks Rs 51,102 crore fiscal stimulus from Centre to overcome economic crisis caused by COVID-19

The stimulus package demanded by the state includes Rs 21,500 crore direct stimulus, CCL debt waiver and 100% funding of Central schemes.

27 May 16:28 DNA India 7533428661406560637.html
Drop in traffic, revenue triggers change in credit rating agency's view of B.C. Ferries

A massive drop in traffic and revenue has triggered a credit rating agency to change its view of B.C. Ferries. DBRS Morningstar has changed B.C. Ferries’ trend to negative from stable, though it . . .

27 May 16:43 Times Colonist 7617512061145204052.html
Drop in traffic and revenue triggers change in credit rating for B.C. Ferries

A massive drop in traffic and revenue has triggered a credit rating agency to change its view of B.C. Ferries. DBRS Morningstar has changed B.C. Ferries’ trend to negative from stable, though it . . .

27 May 16:43 Times Colonist 7617512061608847425.html
IndiGrid Q4 results: Net profit doubles to Rs 99.7 crore

Revenues for the quarter increased to Rs 328.4 crore from Rs 170.5 crore in Q4 FY2019.

27 May 16:22 The Economic Times 7653256036837669205.html
Bitcoin’s bounce back over $9,000 masks a potential downtrend

Bitcoin rose as much as 3.7 per cent to $9,190 in New York trading on Wednesday.

27 May 16:16 The Economic Times 7653256037477945257.html
Boeing slashes 12,000 jobs as virus seizes travel industry

The layoffs are expected to be concentrated in the Seattle area, home to Boeing's commercial-airplanes business. The defense and space division is stable and will help blunt the impact of the decline in air travel and demand for passenger jets.

27 May 16:21 The Economic Times 7653256037600656973.html
Swiss companies must help pay rent for employees working from home: court

The court made the ruling in a case brought by an employee of an accounting firm, who claimed his company was responsible for part of his rent while he was forced to work from home, Swissinfo

27 May 16:42 New York Post 7654946768467546487.html
Stock indexes rise on optimism of recovery, shrink back

US stock indexes rose at the open on Wednesday as a pickup in business activity fueled hopes of a post-pandemic economic recovery, but marts later gave up some of their gains as investors remained

27 May 16:24 New York Post 7654946769429494949.html
McDonald’s announces all Irish drive-throughs to reopen on June 4th

High levels of anticipated demand will see each location revealed on morning of opening

27 May 16:31 The Irish Times 8204772967284658453.html
UK tells EU: break the Brexit 'impasse' so we can do trade deal

LONDON (Reuters) - Britain told the European Union on Wednesday it needed to break a fundamental impasse to clinch a Brexit trade deal by the end of the year and said an agreement on fisheries might not be ready by July.

27 May 16:34 Reuters 8334514180519178039.html
EU pledges 40 billion euros for 'just transition' from fossil fuels

BRUSSELS (Reuters) - The European Commission has increased five-fold its proposed European Union fund to wean carbon-intensive regions off fossil fuels, with fresh cash from a new recovery fund to help Europe’s ailing economies rebound after the new coronavirus pandemic.

27 May 16:44 Reuters 8334514181169004654.html
Informa Markets To Launch The Industry’s Largest Digital Tradeshow

Changes are coming! Informa Markets Fashion and wholesale e-commerce platform NuORDER have partnered to launch the industry’s largest digital tradeshow, which will debut alongside Informa’s

27 May 16:50 Daily Front Row 879615088178900848.html
States need to Raise 20 Lakh Crore rupees to Fight Coronavirus -

Union Minister Nitin Gadkari on Wednesday said that in the wake of the crisis arising out of the Covid-19 pandemic,

27 May 16:06 News Hunt Media 8859517518521126460.html
Saudi Arabia's crown prince and Putin agree to 'close coordination' on oil output

MOSCOW: Russian President Vladimir Putin and Saudi Arabia's Crown Prince Mohammed bin Salman, in a telephone call, agreed on further "close coordination" on oil output restrictions, the Kremlin said on Wednesday. They also both noted the importance of joint efforts aimed at reaching the agreements within the OPEC+ group in April on oil production curbs, the Kremlin said.

27 May 16:20 Arab News 8912634264278771338.html
CME Group Launches Options on Micro E-Mini Futures Product

The new options will be available for trading in the fall of 2020, pending regulatory review

27 May 16:28 Finance Magnates 8992138265693392176.html
CME Group Launches Options on Micro E-Mini Futures Product

The new options will be available for trading in the fall of 2020, pending regulatory review

27 May 16:28 Finance Magnates 8992138266550197482.html
Air Canada to resume flights to Phoenix in August

After nearly a month of closures due to the Covid-19 pandemic, Air Canada has resumed flights to and from the United States, with service to Phoenix Sky Harbor International Airport set to resume in August.

27 May 16:39 ABC15 Arizona 911680909960574407.html
Gold loan companies come to rescue of small businesses; banks shy away

Since gold price has increased by nearly 50 per cent in the last one year, gold loan companies are at an advantage as 'loan to value' - the ratio of money lent against the value of gold - has been reduced substantially

27 May 17:00 Business Today 1145527430953190094.html
USD/CAD recovers early lost ground, turns neutral around 1.3770-75 region

The USD/CAD pair has managed to rebound around 40 pips from daily swing lows and was last seen trading nearly unchanged for the day, comfortably above

27 May 13:11 FXStreet 4480975638387864809.html
EUR/USD: A convincing recovery plan is positive for the euro – Nordea

The EUR750 billion recovery fund proposal presented by the Commission would illustrate a strong commitment to keep the Euro-area and the EU together a

27 May 13:39 FXStreet 4480975638876695939.html
AUD/USD plummets to session lows, further below 0.6600 mark

The AUD/USD pair extended its sharp intraday pullback from the highest level since mid-March and dropped to fresh session lows, below the 0.6600 mark

27 May 13:53 FXStreet 4480975639155951246.html
ACB Stock Price: Aurora Cannabis Inc. remains on the defensive below $16.00

Aurora Cannabis Inc. (ACB) is down for the third consecutive session on Wednesday, slipping back below the $16.00 mark per share and flirting at the s

27 May 13:32 FXStreet 4480975639600891309.html
Singapore: GDP could contract 4%-7% this year – UOB

Singapore’s economic activity carries the potential to contract between 4% and 7% this year as a consequence of the impact of the coronavirus crisis o

27 May 13:17 FXStreet 4480975639696846606.html
More Unified Approach to Public Procurement Needed to Boost Kazakhstan’s Economic Recovery

Kazakhstan has made significant efforts over the past two decades to bring its public procurement system closer to international standards, but a considerable part of procurement activity has yet to meet these standards, thereby limiting overall effectiveness and efficiency, says a World Bank Assessment. “We acknowledge that the rules and institutions of Kazakhstan’s public procurement […]

27 May 13:00 Modern Diplomacy 4563921197946903518.html
North Carolina budget writers brace for $5B shortfall

North Carolina's budget could be short by about $5 billion as a result of the response to the COVID-19 pandemic, state economists predict.

27 May 13:00 Washington Examiner 4625792332953391111.html
UP’s Industrial Units Seek To Employ 5 Lakh Returnee Migrant Workers From Yogi Govt’s Skill Mapping Data Bank

An official spokesperson said that the Yogi govt was determined to ensure employment for all migrant workers.

27 May 13:56 Swarajya 4977622828543285883.html
Off-price retailer Tuesday Morning has filed for bankruptcy with plans to close 230 stores, Business Insider - Business Insider Singapore

Business Insider - Tuesday Morning, which has nearly 700 stores specializing in off-price home goods, has filed for bankruptcy.. Read more at businessinsider.sg

27 May 13:05 www.businessinsider.sg 5090408756513193122.html
Walmart is now selling used goods from Nike, Coach, Michael Kors and more as it dives into the $32 billion resale market, Business Insider - Business Insider Singapore

Business Insider - Walmart is partnering withe the resale site ThredUp to sell used clothing, shoes, accessories, and handbags on its website.. Read more at businessinsider.sg

27 May 13:19 www.businessinsider.sg 5090408757184791503.html
Dow climbs 325 points as investors cheer efforts to boost global economies, Business Insider - Business Insider Singapore

Business Insider - The European Commission proposed on Wednesday a $826 billion stimulus package intended to aid recovery from the ongoing recession.. Read more at businessinsider.sg

27 May 13:35 www.businessinsider.sg 5090408757282187262.html
Urban Company adds new services in line with shift in consumer needs

Witnesses pent-up demand during lockdown 4.0

27 May 13:39 BusinessLine 5283600340258785.html
Proposal For Trans-Tasman Bubble Considers Every Step Of A Passenger’s Journey

A proposed blueprint into how safe trans-Tasman travel could re-open is advancing fast, with a draft to be presented to New Zealand and Australian governments for consideration in early June.

27 May 13:14 SCOOP 5315658998833984573.html
FG to inaugurate 200,000 capacity yam storage facility in Benue

The federal government will, on June 9, inaugurate the 200, 000 capacity yam storage facility for Micro, Small and Medium Enterprises (MSMEs)

27 May 13:48 Premium Times Nigeria 5456729299532948955.html
In 2019, Lagos, Rivers, FCT, Ogun earned more than other 33 states combined — NBS

The quartet of Lagos, Rivers, the FCT and Delta states had a combined internally generated revenue more than all other 34 states of the federation...

27 May 13:32 Premium Times Nigeria 5456729301317938726.html
Clarification to a Sunday Mail article dated 10/05/20: Scots banking tycoon accused of cashing in on coronavirus

We now accept that the source of the price increases was abroad and that Wright Cottrell had no control whatsoever of these market changes.

27 May 13:23 dailyrecord 552235479553496911.html
Global Yields For Stocks And Bonds

The U.S. stock market has continued its decade-plus of dominance versus global peers during the 2020 sell-off despite a less-than-stellar domestic response to t

27 May 13:32 Seeking Alpha 5725634556231788737.html
Profitably Scaling Regional Cannabis (Podcast)

What does it take to scale U.S. regional cannabis brands and do so profitably? We talk to Aviv Hadar from Oregrown and Eric Ross and Ed Weidenfeld of District C

27 May 13:00 Seeking Alpha 5725634556464665757.html
Inflation Fears In A Deflationary World

Massive waves of quantitative easing stir fears of rising inflation and even hyperinflation, but is this fear well-placed? Indeed, some would say that the risk

27 May 13:04 Seeking Alpha 5725634557139733673.html
SL Green: Buy Manhattan's Largest Office Landlord At A Steep Discount

SL Green Realty is the largest office landlord in Manhattan and managed by a crew who has worked together through several previous crises. A 9% yield looks to b

27 May 13:14 Seeking Alpha 5725634557374030381.html
Why Copper Could Rise From Here

Copper has taken a hit as a result of a sharp drop in economic activity due to COVID-19. However, the potential for rising inflation expectations along with ris

27 May 13:52 Seeking Alpha 5725634557386366316.html
Switch: Overvalued For Such Low Growth Prospects

Investors have piled into Switch this year, whose shares are up ~28% year-to-date despite a ~10% decline in the markets. Churn has increased in the wake of the

27 May 13:30 Seeking Alpha 5725634557558402429.html
Micron: Big Bets Are Being Placed

Institutional investors collectively bought about 3.5% (net buying) of Micron's total shares outstanding in the last 13F cycle. Moreover, 11 of Micron's 15 larg

27 May 13:36 Seeking Alpha 5725634557894040901.html
Is American Airlines Worth Saving?

The U.S. airline industry is in the process of moving from payroll support grants which most carriers received to carrier-specific and optional loans from the U

27 May 13:55 Seeking Alpha 5725634558006946948.html
NSW freezes public service pay to save $3 billion in pandemic

The NSW government will freeze pay rises for public sector workers for 12 months, as it deals with rising unemployment due to the coronavirus pandemic.

27 May 13:32 The New Daily 5848147785399012662.html
Off-price retailer Tuesday Morning has filed for bankruptcy with plans to close 230 stores

Tuesday Morning, which has nearly 700 stores specializing in off-price home goods, has filed for bankruptcy.

27 May 13:05 Business Insider 6060062400281951394.html
UK Parliament is concerned about potential effects of the pandemic on the UK's cash infrastructure

Members of Parliament in the UK are concerned that plummeting ATM usage due to the pandemic may put its cash infrastructure in danger of collapse.

27 May 13:58 Business Insider 6060062400616777177.html
Greater Than has launched a cloud-based loyalty program

Greater Than's new loyalty product will help insurers boost customer experience by increasing engagement and offering greater personalization.

27 May 13:42 Business Insider 6060062400889186210.html
Walmart is now selling used goods from Nike, Coach, Michael Kors and more as it dives into the $32 billion resale market

Walmart is partnering withe the resale site ThredUp to sell used clothing, shoes, accessories, and handbags on its website.

27 May 13:19 Business Insider 6060062400953549775.html
More than 3,600 stores are closing in 2020 as the retail apocalypse drags on. Here's the full list.

L Brands said Wednesday that it plans to close about 250 Victoria's Secret stores in the US and Canada in 2020.

27 May 13:50 Business Insider 6060062401247512169.html
Amazon is planning a summertime sale separate from Prime Day

Amazon is planning a "Summer Sale" that would enable merchants to sell extra inventory they may have accumulated during the coronavirus pandemic.

27 May 13:14 Business Insider 6060062401363245988.html
British Land reveals fewer than half of retail tenants paid rent in March

The commercial landlord, which owns shopping centres and office space, has written down the value of its retail portfolio by 26%.

27 May 13:58 Jersey Evening Post 6141642774139943872.html
Pound Sterling "Blown Off Course by Frosty Brexit Talks", Dips 0.5% against Euro and Dollar

The British Pound has suffered an abrupt shift in fortunes as it fell from top of the leaderboard amidst a fresh injection of nerves concerning the status of ongoing Brexit talks

27 May 13:43 The Pound Sterling Live 6614579507548817621.html
Salaries get chopped for many Americans who manage to keep jobs

Americans taking pay cuts 'might have little, and in some cases maybe nothing, left over after that for discretionary purchases'

27 May 13:32 Livemint 6614605819535070179.html
Rodents compound woes of traders

Their population has seen manifold increase in closed showrooms

27 May 13:51 The Hindu 6679535024303029343.html
IEA forecasts a 20% drop in global energy investment in 2020

The Paris-based IEA said this could have serious repercussions for energy security and the transition to clean energy as the global economy recovers from the pandemic

27 May 14:56 The Globe and Mail 68426411695870309.html
Australia’s superannuation system drives inequality

Robert Lechte, a welfare-state advocate living in Melbourne, believes that Australia’s superannuation system “enshrines inequality”:

27 May 14:10 MacroBusiness 6890797928802458148.html
Russell Investments Group Ltd. Has $4.26 Million Stake in Foot Locker, Inc. (NYSE:FL)

Russell Investments Group Ltd. boosted its holdings in Foot Locker, Inc. (NYSE:FL) by 77.1% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 193,526 shares of the athletic footwear retailer’s stock after purchasing an additional 84,231 shares during the quarter. Russell Investments […]

27 May 14:06 Markets Daily 6922190228023489802.html
Toronto's average rental price dropped five per cent in April

With rising unemployment, health fears and universities moving online, renters have avoided moving and landlords have dropped asking prices

27 May 14:54 NOW 7434691886006909535.html
PenCom mulls diversifying investments into infrastructure, housing assets

PenCom says it is reviewing its policies to boost pension fund investments in capital market products, infrastructure and housing assets post-COVID-19.

27 May 14:28 TheCable 7513571674959542275.html
United Spirits Q4 results: Net profit plummets 81% to Rs 24 crore

The maker of McDowell's whiskey said underlying net sales declined 11.08% to Rs 6426.4 crore.

27 May 14:12 The Economic Times 7653256037757972006.html
Low crude oil prices helped India save Rs 25,000 crore: Dharmendra Pradhan

‘Government will reinvest that money for the welfare of the people

27 May 14:21 The Economic Times 7653256038203362220.html
Tesla knocks $5,000 off Model X price as coronavirus hurts demand

Just call it the coronavirus discount. Tesla this week cut the prices of its vehicles in North America as auto demand has taken a hit thanks to pandemic-related lockdowns across the region. The Model

27 May 14:52 New York Post 7654946769457079654.html
Online booze orders flying in ahead of move to lockdown level 3

South Africans rush to place alcohol orders online

27 May 14:24 TimesLIVE 7950036619554651588.html
Reality check on finding new export markets: China's demand dwarfs the rest

Do you stop supplying half of your Shiraz to China because the government says we need to "diversify"? You can't give up that business to pursue wine sales in teetotal India or Indonesia.

27 May 14:00 The Age 7967730562441055274.html
Goodman company gets €19m judgment against Blackrock Clinic founder

Judge dismisses range of claims from Dr Joseph Sheehan

27 May 14:47 The Irish Times 8204772967740079669.html
Cruise stocks soar 10% as reopening optimism lifts virus-slammed industries

Royal Caribbean, Carnival, and Norwegian Cruise Line Holdings all surged at least 10% on Wednesday as sectors hit hardest by the coronavirus and related lockdowns rally on reopening hopes.

27 May 14:32 Business Insider Malaysia 8325046883326494919.html
South African mines record 320 COVID-19 cases ahead of lockdown easing

JOHANNESBURG (Reuters) - South Africa’s mining industry has so far recorded 320 cases of the new coronavirus, the Minerals Council said on Wednesday as underground mines prepare to ramp up output when Africa’s most industrialised economy eases lockdown measures next week.

27 May 14:22 Reuters 8334514180562531670.html
Tech reboot in store for EU as plans recovery from crisis

BRUSSELS (Reuters) - From ramping up 5G’s rollout to exploiting its data, the European Union is turning to technology to help it bounce back from the coronavirus crisis and compete better in key areas with the United States and China.

27 May 14:03 Reuters 8334514180858492992.html
EU keeps defence fund alive with 8 billion euro proposal

BRUSSELS (Reuters) - The European Commission proposed on Wednesday spending 8 billion euros ($8.81 billion) of its next budget on a new European Union defence fund, keeping alive a Franco-German plan to deepen military cooperation despite the economic impact of COVID-19.

27 May 14:32 Reuters 8334514181553037868.html
Corn is oversold; watch for short covering to provide price spark, analyst says

Outside investors are watching the June crop weather forecasts turn dry.

27 May 14:01 Successful Farming 8502642053242844854.html
Braddon Northbourne Flats site on the market again, a year after failed sale

The 15,607-square-metre site of the former Northbourne Flats public housing in Braddon will be auctioned next month.

27 May 14:00 The Canberra Times 8662394329096386728.html
Dubai government employees to start returning to work on Sunday

DUBAI: Half of Dubai’s government employees can return to their offices on Sunday, and the rest will be able to go back on June 14, the emirate’s government announced Wednesday. The return to work will, however, be made with “intensified precautionary measures,” to protect workers, Crown Prince Sheikh Hamdan bin Mohammed said. 

27 May 14:51 Arab News 8912634263448261982.html
Standard Chartered Names Lay Choo Ong as Head of Retail Banking Hong Kong

Standard Chartered Bank Hong Kong announced today it has appointed Lay Choo Ong as the new head of retail banking, Hong Kong.

27 May 14:44 Finance Magnates 8992138265347482095.html
Boeing slashes 12,000 jobs as virus seizes travel industry

Boeing is cutting more than 12,000 jobs through layoffs and buyouts as the coronavirus pandemic seizes the travel industry. And the aircraft maker says more cuts are coming.

27 May 14:11 KNOE 8 News 9048639192604702990.html
Coronavirus impact: Cement production to witness steepest fall ever of upto 30% in FY21

The slowdown in cement industry, which was already impacted by tepid economic activity, was compounded by the coronavirus-led lockdown instituted in March

27 May 15:07 Business Today 1145527431158025754.html
Kerala launches BevQ app ahead of reopening liquor sales

The liquor stores in Kerala will remain open from 9:00 am to 5:00 pm; bookings on the BevQ app have been allowed from 6:00 am to 10:00 pm

27 May 15:28 Business Today 1145527431269756864.html
Super funds lose access to matching feature over fraud fears

Superannuation funds have had their access to SuperMatch suspended over concerns about fraud.

27 May 08:19 WAtoday 6806590899970251819.html
The close: Markets rise with economic hopes; RBC reclaims top spot as Canada’s most valued stock

Strength in the financial sector offset losses in the materials sector

27 May 08:47 The Globe and Mail 68426409676155922.html
British Land suffers £1bn hit from retail tumult

Property company dented by coronavirus impact and boom in ecommerce

27 May 08:53 Ft 707176888946131383.html
Supermarkets see fastest sales jump in 26 years with online orders soaring

Kantar found that sales jumped 14.3% in the 12 weeks to May 17 in grocers, including the period of lockdown when restaurants, bars and pubs shut.

27 May 08:26 Express & Star 7324224459011009153.html
How To Keep Fraudsters From Scamming Banks Across Every Nook And Channel

The May FI Fraud Decisioning Playbook examines the issue of omnichannel fraud and the strategies that banks and credit unions are using to detect and thwart it.

27 May 08:00 PYMNTS.com 7357138825145954134.html
Preparing Merchants For The Coming Mobile Wallet Boost

Merchants must be prepared for a new world, post-pandemic, that will embrace order-ahead and other digital/hybrid payment options. Here's how to get started.

27 May 08:00 PYMNTS.com 7357138825855756528.html
FIs Or FinTechs: Who Will Power Banking’s Big Digital Shift?

As banking continues to go digital, five experts talk about the ways financial institutions can break out and thrive by focusing on agility and partnerships.

27 May 08:03 PYMNTS.com 7357138825895618105.html
Innovating The ATM Beyond Cash

PYMNTS explores the influx in PPP loan applications, an overview of new ATM and ITM technologies and Redwood Credit Union's latest digital innovations.

27 May 08:02 PYMNTS.com 7357138826126845951.html
Michael O'Leary hits out at Government's 'ineffective' quarantine regime

Ryanair CEO Michael O'Leary has hit out at Government plans to quarantine travellers coming into ...

27 May 08:15 Newstalk 7635722257971799796.html
Q4 GDP: Where will India be when this dreadful year finally ends? Today's numbers will show the first signs

The nationwide lockdown announced from March 25 brought the entire economy to a standstill .

27 May 08:23 The Economic Times 7653256037266154626.html
States' fiscal deficit could hit 4.5% of gross state domestic product: India Ratings

The upward revision was based on the fact that states were already facing lower-than budgeted share in central taxes and subdued own revenue growth, when the lockdown was imposed from March 25. States are likely to see further declines in these receipts in FY21 with the fallout of Covid-19, the report said.

27 May 08:17 The Economic Times 7653256037299363094.html
UK lockdown drives fastest growth in grocery sales for over 25 years

Of Britain's big four grocers, industry leader Tesco was the best performer with sales up 12.7%, closely followed by No. 2 player Sainsbury's with a 12.5% increase. No. 4 Morrisons' sales rose 9.8%, while Walmart owned Asda was the laggard with a 6.5% increase.

27 May 08:03 The Economic Times 7653256037817484172.html
Nissan-Renault alliance to share more parts, technology

Alliance Operating Board Chairman Jean-Dominique Senard said the group, which also includes smaller Japanese automaker Mitsubishi Motors Corp., will have each company focusing on geographic regions.

27 May 08:47 The Economic Times 7653256037834434101.html
Gold prices hit 2-week low on reopening optimism

US gold futures were down 0.5 per cent to $1,697.60.

27 May 08:33 The Economic Times 7653256038373530090.html
Amazon In Advanced Talks To Buy Self-Driving-Car Tech Company Zoox

Amazon is in advanced talks to buy Zoox in a move that would expand the e-commerce giant's reach in autonomous-vehicle technology. The Wall Street Journal reports: The companies are discussing a deal that would value Zoox at less than the $3.2 billion it achieved in a funding round in 2018, accordi...

27 May 08:30 slashdot.org 7963433142207272909.html
Travel group says Australia-New Zealand bubble could open in September

A travel industry group working to establish a 'Trans-Tasman bubble' says it will present a plan to both governments early next month and eyes flights resuming as early as September.

27 May 08:08 The Age 7967730561455616188.html
Super funds lose access to matching feature over fraud fears

Superannuation funds have had their access to SuperMatch suspended over concerns about fraud.

27 May 08:19 The Age 7967730562504989739.html
CATL explores new EV battery services, to add capacity: chairman

BEIJING (Reuters) - China’s top electric vehicle (EV) battery maker Contemporary Amperex Technology Ltd (CATL) is exploring new battery-related services and will expand manufacturing capacity in the next two years, its chairman told Reuters.

27 May 08:33 Reuters 8334514181612593983.html
ICC threatens to shift 2021 T20 World Cup from India over tax issues

The Indian board's request for a deadline extension due to the Covid-19 pandemic has been rejected | ESPN.co.uk

27 May 08:34 ESPN 8538773402138098699.html
T-Mobile leads modest growth in Dutch broadband subscribers in Q1, KPN losses continue

A year after launching a major expansion in its fibre footprint, KPN has yet to restore growth in its broadband business. The latest data from Telecompaper shows the incumbent lost another 17,000 broadband subscribers in the first quarter of 2020, while rival VodafoneZiggo added nearly 10,000 new connections. T-Mobile was again the biggest winner, adding the most new broadband subscribers in Q1.

27 May 08:14 Telecompaper 8935969063134893.html
Argentex Group Announces Completion of New London Headquarters

Argentex Group, provider of foreign exchange services to institutions, corporates and high net worth private individuals announced new London headquarters.

27 May 08:51 Finance Magnates 8992138266310052182.html
Integral to Provide Workflow Automation to Velocity Trade

Integral announced that it has been selected by Jefferies’ TrueFX trading network, Velocity Trade, to update its workflow automation and trading technology.

27 May 08:00 Finance Magnates 8992138266314051550.html
Most OPEC+ Nations Want No Changes in Deal Provisions Related to Cuts From July - Source

MOSCOW (Sputnik) - Most OPEC+ nations want to preserve the April conditions of the deal and reduce oil production by 7.7 million barrels per day starting July, but...

27 May 08:03 Sputniknews 967333869329777182.html
No more furlough: Rishi Sunak 'set to close scheme to new applications'

Employers could soon also have to pay 20% of workers' wages, with the government funding 60%.

27 May 08:31 Metro 970161748425222216.html
Yes Bank brass lists 6 reasons for Rs 15,000 crore fresh capital

The bank has to prepare for new set of NPAs post August when the six-month moratorium period ends

27 May 09:26 Business Today 1145527432080375439.html
India's GDP growth to slow down to 1.5% in Q4, says ICICI Bank report

India's GDP growth is estimated to be 4.2 per cent for full fiscal FY20 and minus 4 per cent for FY21 "with more than Rs 14 lakh crore of real output loss", as per ICICI Bank's research report

27 May 09:25 Business Today 1145527432762683043.html
Winter vegetable markets to reopen today with new timings

Winter vegetable markets will reopen today after three-day Eid Al Fitr break with new timings, offering a number of farm fresh local vegetables at competitive prices.

27 May 09:30 The Peninsula 1202843882031443991.html
CBS Hit by Newest Round of ViacomCBS Layoffs

The cuts at the broadcast network come a month after similar actions at the company's cable properties.

27 May 09:37 The Hollywood Reporter 121801344004946153.html
Volkswagen in final talks to seal top M&A deal in China EV sector: Report

The firm is poised to buy 50 per cent of Anhui Jianghuai Automobile Group Holding, the parent of EV partner JAC Motors, for at least 3.5 billion yuan

27 May 09:41 Business-Standard 1502508924727905443.html
Over a third of Indian women don't own gold but want to buy it: WGC survey

60% of Indian women already own gold jewellery, the most popular item among 'fashion and lifestyle' shoppers after designer clothes and silk sarees.

27 May 09:57 Business-Standard 1502508924988160592.html
Better Malaysia's relationship with India may boost crude palm oil prices

The newly appointed MPOB Chairman Ahmad Jazlan Yaakub said in a statement the rally will come as a relief to industry participants

27 May 09:05 Business-Standard 1502508925462106796.html
E-pass not needed for passengers moving to or from airport: Mumbai Police

The domestic flights were allowed to operate by the Central government, with reasonable restrictions, from May 25

27 May 09:16 Business-Standard 1502508925486072306.html
UP restarts road, bridge projects totalling Rs 31,000 cr as lockdown eases

The state has expedited infra projects to boost economy, create jobs in hinterland

27 May 09:28 Business-Standard 1502508925898634567.html
Gold prices hit two-week low on optimism around reopening of economies

Spot gold dipped 0.3 per cent to $1,705.94 per ounce by 0502 GMT, after hitting its lowest level since May 13

27 May 09:08 Business-Standard 1502508925918444823.html
Agrochemical stocks rally; Bayer Crop hits new high, Dhanuka Agri soars 17%

UPL, Rallis India and Sumitomo Chemical India were up 5 per cent each on the BSE.

27 May 09:05 Business-Standard 1502508926473130340.html
Renault, Nissan, And Mitsubishi Detail Alliance Business Changes

The part that caught our attention the most is the so-called principles of the leader-follower scheme for vehicles.

27 May 09:10 Motor1.com 1648269241009478522.html
Oppo pushes its Chip development ambitions as US ban hits Huawei

The popular Chinese smartphone vendor, Oppo, is pushing forward with its efforts to design its proprietary mobile chipsets. It had initially begun focus on chip development back in 2019 when Huawei was hit with the trade ban. Now, the company is aggressively pushing for the self-made chips after recent sanctions have effectively cutoff Huawei’s chip …

27 May 09:28 Gizmochina 1751854816167722713.html
The World Trade Organisation responds to claims over reports regarding Saudi Arabia and TV piracy

Newcastle United fans are awaiting news on the buy-out of the club but have still yet to receive a positive outcome

27 May 09:29 ChronicleLive 1984146901419829548.html
Japan quells rumors it will pay for half of visitors' expenses

In tweets, the Japan Tourism Agency said the program under consideration would only cover “a portion of domestic travel expenses.”

27 May 05:46 The Japan Times 6673764368175630877.html
Rupee settles 5 paise lower at 75.71 against US dollar

The rupee opened weak.

27 May 05:28 The Hindu 6679535026193566585.html
Deficit Monetisation: Government may get RBI to monetise deficit | India Business News

NEW DELHI: The Centre is likely to look at the option of the Reserve Bank of India (RBI) monetising the … Deficit Monetisation: Government may get RBI to monetise deficit | India Business News Read More »

27 May 05:08 ISSCNC 6824315490152205271.html
JNU Prof’s Fix for Economy’s Revival Post Lockdown

According to Mumbai-based think-tank, Centre for Monitoring Indian Economy (CMIE), more than 122 million Indians — mainly daily wage … JNU Prof’s Fix for Economy’s Revival Post Lockdown Read More »

27 May 05:46 ISSCNC 6824315490554766522.html
Stocks in Focus on May 27, 2020 | Markets News

New Delhi: Markets gave up early gains to end slightly lower on Tuesday. The BSE Sensex fell 63.29 points or … Stocks in Focus on May 27, 2020 | Markets News Read More »

27 May 05:18 ISSCNC 6824315491938291508.html
Amazon in talks to buy autonomous vehicle start-up Zoox

Amazon.com is in talks to buy driverless vehicle startup Zoox, according to a person familiar with the matter, a deal that would accelerate the e-commerce giant’s automation efforts.

27 May 05:54 TechCentral 724913819594613771.html
Shops reopening 'vital in battle to save Midlands towns'

The reopening of shops has been welcomed by West Midlands Mayor Andy Street, who said it was "vital" for town and city centres.

27 May 05:06 Express & Star 7324224459028944464.html
Cognizant offers voluntary separation package for US staff as Covid hits biz

New Jersey headquartered Cognizant has announced a voluntary separation package (VSP) for its US employees. Due to the slowdown in demand and fewer contracts, the company is shedding the number of employees without active projects.

27 May 05:50 The Economic Times 7653256036604356242.html
Reforms in a Covid era: World trade will rise again. Here’s how India can ready itself to take advantage

Covid-19 lull offers India an excellent window of opportunity to implement reforms that would help it maximise the benefit of reopening of export markets post-Covid-19. Indias factor markets – capital, labour and land – still remain major constraints on economic activity

27 May 05:15 The Economic Times 7653256038218551271.html
Primark's new rules for when stores reopen

Shops will be allowed to welcome back customers in England from June 15

27 May 05:41 Wales Online 7686550517449052577.html
Bushland wins last-minute reprieve from developers

The Federal Court has ordered the developer of a planned housing estate in threatened woodland on the NSW South Coast to halt work.

27 May 05:53 The Age 7967730562743201412.html
Munster braced for worst of financial crisis due to Thomond Park debt

Province can’t pay off oustanding €6.9m loan from IRFU with no supporters at the match

27 May 05:00 The Irish Times 8204772968709866442.html
Banks plan for arrears; retailers push to open; and watchdog counts Covid cost

Business Today: the best news, analysis and comment from The Irish Times business desk

27 May 05:30 The Irish Times 8204772969026386839.html
South William Street mixed-use investment seeks €2.6m

Sale of Dublin 2 restaurant and residential premises will test strength of market

27 May 05:00 The Irish Times 8204772969079614541.html
Israel's Bank Leumi moves to Q1 loss due to coronavirus outbreak

TEL AVIV, May 27 (Reuters) - Bank Leumi, one of Israel’s two largest lenders, swung to a loss in the first quarter due to the coronavirus outbreak.

27 May 05:59 Reuters 8334514180839388376.html
Malaysia's Axiata to pick two 5G vendors, in move that could curb reliance on Huawei

KUALA LUMPUR (Reuters) - Axiata Group Bhd, Malaysia’s third-biggest telecom operator by subscribers, said it would select two equipment suppliers to roll out 5G services, opening the door for the likes of Ericsson to fight it out with dominant player Huawei.

27 May 05:47 Reuters 8334514180914367950.html
Israel Discount Bank Q1 profit dips on spike in credit loss provision

JERUSALEM, May 27 (Reuters) - Israel Discount Bank reported a 31% decline in quarterly profit due to a sharp increase in credit loss expenses aimed to protect itself from potential bad loans stemming from the coronavirus outbreak.

27 May 05:59 Reuters 8334514181482455048.html
Tencent tests appetite for first dollar bond in more than a year

Wechat operator is offering a four-tranche deal.

27 May 06:59 Moneyweb 1092550946177325515.html
PM CARES now eligible to receive contribution under CSR; govt amends Act

The Ministry of Corporate Affairs (MCA) has allowed the CSR contributions by making changes to the Companies Act via notification dated May 26

27 May 06:45 Business Today 1145527431554421944.html
After SEBI's push, companies report financial impact of coronavirus lockdown

SEBI had earlier asked listed companies to disclose to investors and stakeholders the impact of the coronavirus pandemic on their businesses

27 May 06:55 Business Today 1145527431881850024.html
Torrent Pharma slips 6% on profit-booking; outlook remains a concern

Unlike peers, Torrent Pharma guided for a relatively moderate outlook across geographies, note analysts at Emkay Global Financial Services.

27 May 06:17 Business-Standard 1502508925631225531.html
Yasir Al-Rumayyan reveals how the PIF have stayed 'efficient' amid Newcastle United takeover wait

Newcastle United's prospective takeover is in the hands of the Premier League who are conducting their owners' and directors' test and Yasir Al-Rumayyan has outlined how Saudi Arabia's Public Investment Fund have stayed 'efficient' during the coronavirus pandemic

27 May 06:00 ChronicleLive 1984146901286418727.html
UAE markets open higher as trading resumes post-Eid

DFM investors cheer move to further resume economic activity in Dubai post-lockdown

27 May 06:54 Gulf News 2086521543668608845.html
Banks well-positioned to withstand COVID-19 hit as loan defaults expected to rise - Reserve Bank report

The latest Financial Stability Report uses 'stress tests' to assess bank resilience.

27 May 06:18 Newshub 2131266986500343050.html
Fortitude Budget: Singapore to tap $31b more from reserves to fund support measures

Singapore will draw another $31 billion from its reserves to fund a fourth package of measures to cushion people and the economy from the coronavirus pandemic. The second draw in the span of two months reflects the impact Covid-19 has had on Singapore's open economy as...

27 May 06:00 thenewpaper 2217039561234691701.html
Disrupted home renovations will get priority to resume: Lawrence Wong

Home owners whose renovation works were disrupted will be given priority to restart in phase one of the post-circuit breaker period, said Minister for National Development Lawrence Wong yesterday. The Government will consider allowing new home renovation projects to proceed...

27 May 06:00 thenewpaper 2217039562111160082.html
Fortitude Budget: More incentives to support employers to hire workers

The Government will ramp up hiring incentives to employers to support them in hiring workers who have gone through eligible traineeship and training schemes, Deputy Prime Minister Heng Swee Keat said yesterday. For one, the hiring incentive that was first introduced under...

27 May 06:00 thenewpaper 2217039562199191106.html
Over $500m to help digital transformation of companies

More than 32,000 people have been infected in Singapore, leaving 23 dead. The Covid-19 pandemic has wreaked havoc here and across the globe, and upended all economies. One irony, though, is that the pandemic has accelerated the drive for digital transformation among...

27 May 06:00 thenewpaper 2217039562373716154.html
$100 utilities credit for households with at least one Singaporean

All households with at least one Singaporean member will receive a one-off $100 sum to cover their utility bills. This sum, known as the Solidarity Utilities Credit, will be credited in their utilities bill in July or August and covers all property...

27 May 06:00 thenewpaper 2217039562389381500.html
Banks approve 90% of applications to defer mortgage payments

Banks have approved about nine in 10 applications by property buyers to defer mortgage payments. They have also approved more than 90 per cent of applications submitted by small and medium-sized enterprises (SMEs) to defer payments on secured loans. These...

27 May 06:00 thenewpaper 2217039562765583370.html
Agencies on front lines of Covid-19 battle to get extra funding: DPM

Agencies on the front lines of the coronavirus pandemic will get extra funding under the $33 billion supplementary Budget announced by Deputy Prime Minister Heng Swee Keat yesterday. This will go towards boosting Singapore's clinical management of cases as well as its...

27 May 06:00 thenewpaper 2217039562790705083.html
Zampatti: Made in Australia move crucial to industry's survival

Local fashion designers have welcomed government discussions on boosting the country's textile and manufacturing sector post COVID-19.

27 May 06:25 Brisbane Times 2314609338715367055.html
ALL McDonald’s drive-thrus in Suffolk to reopen next week

More than 1,000 McDonald’s drive-thru restaurants, including all sites in Suffolk, will be reopened to the public from next week.

27 May 13:05 East Anglian Daily Times 681138151658845459.html
Digital Asset Derivatives Platform ZUBR Receives “In Principle” Approval from the Gibraltar Financial Services Commission

ZUBR, a digital asset platform to arbitrage using derivatives, has received "in-principle" approval from the Gibraltar Financial Services Commission (GFSC) t

27 May 13:35 Crowdfund Insider 6834688073199238161.html
Overfunding: Neobank for Africans Eversend Surpasses €550,000 in Funding Through Seedrs Round

Eversend, a Neobank for African, has successfully secured its initial €550,000 equity crowdfunding target through its Seedrs campaign. The company is now offe

27 May 13:03 Crowdfund Insider 6834688073696170321.html
Coinbase Set to Acquire Institutional Crypto Brokerage Tagomi

Cryptocurrency platform Coinbase announced on Wednesday it is set to acquire Tagomi, a U.S.-based institutional crypto brokerage platform. Coinbase revealed tha

27 May 13:25 Crowdfund Insider 6834688073760340771.html
tribeOS is First to use GSX Group’s GRID Platform to Create a Digital Security

The GSX Group recently announced the launch of "GRID" -  platform to create and launch digital securities. GSX is the company that operates the Gibraltar Sto

27 May 13:54 Crowdfund Insider 6834688073802366472.html
Market movers: Stocks that saw action on Wednesday - and why

Royal Bank of Canada and Bank of Montreal both rise in early trading after releasing disappointing quarterly results

27 May 13:59 The Globe and Mail 68426410733780864.html
Fiver flutter earns €7,505 Lotto in for lucky Louth punter - Talk of the Town

One household in Co Louth is celebrating this week after a €5 flutter landed a tasty four-figure sum from just three lucky Lotto numbers. The anonymous customer placed a €5 treble via their BoyleSports online account on Tuesday and was left hoping for the trio of numbers to come out in the main EuroMillions draw...Read More→

27 May 13:39 Talk of the Town 6988606400151095539.html
Internal Struggle at the Biggest Bitcoin Mining Equipment Manufacturer Persists

The Board of Directors of leading Bitcoin mining firm, Bitmain today threatened ousted co-founder, Micree Zhan with legal action if he continues meddling with t

27 May 13:26 NewsBTC 7232133509921086756.html
Bitcoin Jumps $9,100 as Dow Prepares For Massive 400-Point Open

Bitcoin closed above $9,100 in a surprising upside move after trading sideways for the entire Asian and early European trading session Wednesday.

27 May 13:00 NewsBTC 7232133510842842239.html
Rare penny struck in Northern Ireland breaks auction records

The 17th century coin from Carrickfergus sold for £6,200.

27 May 13:20 Express & Star 7324224459069693364.html
Renault could build cars at Nissan’s Sunderland factory in the future

The Renault Nissan Mitsubishi Alliance has been outlining its plans for the future.

27 May 13:17 Express & Star 7324224460083671177.html
Apple To Reopen Approximately 100 US Retail Locations

Apple, which runs 510 retail locations throughout the globe, intends to open roughly 100 U.S. stores this week.

27 May 13:53 PYMNTS.com 7357138825663381785.html
India's GDP growth may rebound to 5 pc in FY22, says Duvvuri Subbarao

Indian economy may expand by around 5% in the next financial year,ex-RBI guv Duvvuri Subbarao said.

27 May 13:42 The Economic Times 7653256036808418498.html
RIL RE price jumps 11% on Day 5 on high volumes

RIL-RE closed at Rs 201.5, a gain of 11 per cent over Tuesday's close, after touching an intra-day high of Rs 209.90.

27 May 13:41 The Economic Times 7653256036981953631.html
Some countries are offering to pay tourists to visit after coronavirus

With flights grounded and borders closed amid the coronavirus pandemic, several countries are offering to pay tourists to visit once the crisis is over, according to a report. In Italy, travelers to

27 May 13:13 New York Post 7654946767916852976.html
Which? launches new way to report delays to your flight refund

A number of customers have been waiting weeks for a flight refund

27 May 13:54 Wales Online 7686550515988529318.html
Ex-NY subway boss named to head London transit system

LONDON — Former New York subway boss Andy Byford has been named London’s new transit commissioner, overseeing Transport for London’s vast network of Tubes, trams, trains and buses.

27 May 13:55 680News 8014034334830573338.html
NHS Taps 25 Firms to Provide Security Under a Massive £250 Million Framework

The NHS awards 25 separate cyber security companies access to a £250 million framework designed to boost its cyber security posture.

27 May 13:20 Computer Business Review 8072376452960670480.html
Irish ports recorded pre-Covid dip in traffic levels

Main Irish ports handled 12.8m tonnes of goods in the fourth quarter of 2019

27 May 13:25 The Irish Times 8204772967958146531.html
Walmart partners with online fashion reseller thredUP

May 27 (UPI) -- Retailer Walmart said Wednesday it's partnering with consignment company thredUP as a measure to boost online fashion sales.

27 May 13:27 UPI 8257973864413712989.html
Off-price retailer Tuesday Morning has filed for bankruptcy with plans to close 230 stores

Off-price retailer Tuesday Morning has filed for bankruptcy. The company plans to close approximately 230 of its stores.

27 May 13:05 Business Insider Malaysia 8325046883097623714.html
Dow climbs 325 points as investors cheer efforts to boost global economies

US stocks rose Wednesday as investors were encouraged by signs that international authorities are taking measures to boost the global economy.

27 May 13:35 Business Insider Malaysia 8325046883866617854.html
Sari Baldauf takes over as Nokia chair from Siilasmaa

HELSINKI (Reuters) - Sari Baldauf took over as chairwoman of telecoms equipment maker Nokia on Wednesday, succeeding Risto Siilasmaa who chaired the Finnish firm for eight years.

27 May 13:29 Reuters 8334514179974396487.html
Niger lost $120 million in arms deals over three years: government audit

NIAMEY (Reuters) - Almost 40% of the $312 million Niger spent on defence procurement contracts over the last three years was lost through inflated costs or materiel that was not delivered, according to a government audit of military contracts seen by Reuters.

27 May 13:41 Reuters 8334514180717016319.html
Factbox: Key climate spending in EU's 'green recovery' plan

BRUSSELS (Reuters) - The European Commission unveiled a 750 billion euro ($826.3 billion) package on Wednesday which it says will put fighting climate change at the heart of the bloc’s recovery from the coronavirus pandemic.

27 May 13:52 Reuters 8334514180814310691.html
Japan Plans Possible Flight Subsidies to Boost Tourism When/If Any Form of Normal Returns

Japan's tourism chiefs have revealed a quite staggering yet entirely believable modern statistic, showing that incoming tourism during the month of April fell by... go on, have a guess... 99.9 per cent. That left a mere 2,900 overseas travellers entering the country for a massively ill-advised and no doubt quite bizarre holiday during the month.

27 May 13:00 Gizmodo UK 8363059001503576770.html
China buys more; will it be enough for Phase One?

The “phase one” trade agreement with China, one of President Trump’s top trade achievements, calls for Beijing to buy huge quantities of U.S. food, agricultural and seafood exports.

27 May 13:47 Successful Farming 8502642053760517092.html
Amazon and other stay-at-home stocks are starting to stall. They may hold the key to the market, strategist says.

While value and small caps are starting to recover, the stay-at-home stocks are starting to lose steam. One strategist is concerned.

27 May 13:00 MarketWatch 8975941548655971928.html
Delta Exchange Launches Interest-Bearing Accounts for Crypto Traders

Delta Exchange, a crypto derivatives platform, announced on Wednesday the launch of interest-bearing accounts for its customers.

27 May 13:00 Finance Magnates 8992138266026959253.html
ZUBR Granted Gibraltar’s In-Principle DLT Approval

ZUBR has received an in-principle decision from the Gibraltar Financial Services Commission to grant the firm authorisation as a DLT provider

27 May 13:57 Finance Magnates 8992138266574465984.html
TV Stations in US Caught Airing Content Scripted by Amazon – Report

The media content in question emerged ahead of the annual meeting of Amazon's shareholders where worker safety issues were expected to be discussed.

27 May 13:59 Sputniknews 967333868719249662.html
UK Refuses to See Fisheries as Bargaining Chip After EU Signals Concessions in Brexit Talk

The EU has indicated its willingness to ease its stance on fisheries in the Brexit talks and reach a compromise, Reuters reported on Tuesday, quoting sources within the...

27 May 13:14 Sputniknews 967333868955765676.html
Freight companies 'on their knees and will fail' due to coronavirus pandemic

Some hauliers are on their knees and will fail following the coronavirus lock down, an industry spokesman in Northern Ireland predicted.

27 May 13:03 The Irish News 993066122202388.html
To meet revenue shortfall, Punjab to go for additional borrowing amid corona crisis

The state governments have extremely limited fiscal space, especially after the implementation of the Goods and Services Tax.

27 May 14:19 The Statesman 1191309781863534707.html
PVR, Inox Leisure stocks hit by uncertainty as coronavirus brings business to halt

With looming uncertainty over businesses, investors are watching the stock movement sitting on boundaries. Since March 24, when PM Modi announced lockdown,  Inox stock has lost 17.77% and PVR share price is down 39.20%

27 May 05:01 Business Today 1145527432738149510.html
Virus sparks record drop in energy investment – IEA

The International Energy Agency estimates global energy investment may plunge by almost $400 billion in 2020

27 May 05:30 Rappler 1882105642686355368.html
Oil halts rally near $34 on signs of Russia easing supply cuts

Moscow wants to scale back output curbs in line with the OPEC+ deal

27 May 05:21 Gulf News 2086521544174344865.html
India's Ambani prepares Facebook-backed unit for overseas IPO

Mukesh Ambani is reportedly preparing Jio Platforms Ltd. for an initial public offering

27 May 05:57 Gulf News 2086521545305673476.html
Bushland wins last-minute reprieve from developers

The Federal Court has ordered the developer of a planned housing estate in threatened woodland on the NSW South Coast to halt work.

27 May 05:53 Brisbane Times 2314609339762273924.html
Japan eyes fresh $1.1 trillion stimulus to combat pandemic pain

TOKYO — Japan will compile a new $1.1 trillion stimulus package that includes significant direct spending, to stop the coronavirus pandemic pushing the world’s third-largest economy deeper into recession, a budget draft seen by Reuters showed on Wednesday.

27 May 05:22 Financial Post 2379081493770929787.html
Oil crosses $35 on signs of improving demand - The Nation Nigeria

OIL prices rose on Tuesday, supported by growing confidence that producers are following through on commitments to cut supplies and as fuel demand picks....

27 May 05:41 Latest Nigeria News, Nigerian Newspapers, Politics 2658445900170092274.html
Ireland could see 'repeated lockdowns and wide financial distress' during three-year recession

The virus may see our national debt soar by 60%

27 May 05:00 Irish Mirror 2875825629418575421.html
Asian shares slip as new Hong Kong tensions rise

Hong Kong shares led declines among major regional indexes, with Hang Seng falling 0.46%, though it kept a bit of distance from a two-month low touched on Monday. MSCI's ex-Japan Asia-Pacific index lost 0.12%, with mainland Chinese shares down a similar amount.

27 May 05:05 The Indian Express 2885715104518529551.html
Owners of land acquired for link road to New Chandigarh hold protest against administration

Over 50 farmers and their family members on Tuesday held a protest against the land acquisition policy of UT administration.

27 May 05:52 The Indian Express 2885715105629078087.html
Rupee slips 8 paise to 75.74 against US dollar in early trade

The rupee opened weak at 75.72 at the interbank forex market and then fell further to 75.74, down 8 paise over its last close.

27 May 05:24 The Indian Express 2885715105719708925.html
'Buzz in the air' as Shropshire shops prepare to reopen

Plans to reopen retail next month could save the high street and stop scores of shops being closed for good, according to a Shropshire business owner.

27 May 05:06 Shropshire Star 3480199991439650071.html
Countryside Stewardship countdown

The application window for the 2021 Countryside Stewardship Scheme is open, giving farmers and land managers the chance to apply for grants to improve both the environment and their farming incomes.

27 May 05:00 Shropshire Star 3480199991880007605.html
Federal Court picks up torch in Qantas' stand-down test case

The ruling on whether Qantas and Jetstar illegally stood down engineers during the COVID-19 pandemic could have widespread ramifications for companies around the nation.

27 May 05:20 Australian Financial Review 3974284486789057988.html
Edgy Surry Hills offices hit the market

Developer Cornerstone is looking to sell the assets – at 10-14 Waterloo Street and No. 1 Lacey at 119 Kippax Street – in one line or separately, as it looks for new redevelopment and adaptive re-use projects.

27 May 05:36 Australian Financial Review 3974284486905474301.html
Lew jnr to bolster his group with MyHouse acquisition

It could almost be time to head to the clearing house. 

27 May 05:37 Australian Financial Review 3974284486909352764.html
Regional pubs snapped up as industry prepares to reopen

The Post Office Hotel in Moree, the Royal Hotel in Condobolin, the Neath Hotel in the Hunter Valley and the Yenda Hotel in Griffith changed hands for a total of $22m.

27 May 05:32 Australian Financial Review 3974284487143612633.html
Chicago to reopen trading floor with masks

New York stock exchange floor traders had to sign a waiver that prevents them from suing the exchange if they are infected there.

27 May 05:56 Australian Financial Review 3974284487147901142.html
Construction at lowest level since 2010

While home-building has weakened for a seventh consecutive quarter and is likely to weaken further, other sectors remain 'decent'.

27 May 05:34 Australian Financial Review 3974284488010405252.html
Rs 15,000 crore worth MoUs to be signed in TN today

Even before the lockdown could fully be lifted, Tamilnadu is today set to sign MoUs with multiple companies which are keen to invest in the State. Continue Reading →

27 May 05:42 News Today 4115950002457327460.html
COVID-19: Jonathan tasks Africa to look inward for solutions

AS the COVID-19 pandemic continues to ravage the world, Former President, Dr Goodluck Ebele Jonathan, has tasked African

27 May 05:23 Vanguard News 4125100340491243174.html
Forex Today: Only a correction? Dollar trying to lick its wounds amid Sino-American tensions

Here is what you need to know on Wednesday, May 27: The market mood remains upbeat yet the dollar is attempting to recover after a significant drop on

27 May 05:47 FXStreet 4480975638309400394.html
EU’s Borrell: To weigh 'robust' message to China over Hong Kong issue

The European Union (EU) Foreign Affairs Minister Josep Borrell said that the Union is considering weighing 'robust' message to China over the Hong Kon

27 May 05:44 FXStreet 4480975639301545181.html
GBP/USD: Potential move to 1.2400 on the cards – UOB

Cable could extend the upside momentum to the 1.2400 mark in the next weeks, suggested FX Strategists at UOB Group. Key Quotes 24-hour view: “Yesterda

27 May 05:20 FXStreet 4480975639402741720.html
Asian stock market: Mixed as Tuesday’s optimism fades on fresh US-China tension

Asian equities fail to reprint the previous day’s flying colors as market players fall back upon US-China tussle amid increasing odds of the US sancti

27 May 05:09 FXStreet 4480975639563867256.html
Gold Futures: Downside seen shallow

Open interest in gold futures markets receded for the third consecutive session on Tuesday, this time by around 4.2K contracts according to preliminar

27 May 05:05 FXStreet 4480975639714084037.html
Predicting the course of US-China relations in the post Covid-19 era

Authors: Ayush Banerjee and Dhritiman Banerjee* The coronavirus pandemic is a natural threat to the geopolitical order. And it is needless to state that this majorly affects the currently international paradigm in a manner that the world has not seen before. Although there have been a few instances where pandemics have shaken the mortality rates, […]

27 May 05:30 Modern Diplomacy 4563921199486103410.html
COVID-19 Impact: Boeing expected to announce job cuts in US after aviation sector rocked by plunging travel demand

In April, Boeing chief executive Dave Calhoun said the company had “begun taking action to lower our number of employees by roughly 10 percent through a combination of voluntary layoffs, natural turnover and involuntary layoffs as necessary.”

27 May 05:33 Firstpost 4760741713089193381.html
Renault, Nissan rebuild alliance to ride out coronavirus storm; thousands of jobs to be at risk after restructuring plans: Report

When Renault SA, Nissan Motor Co and Mitsubishi Motors Corp announced the last strategy plan for their Alliance in September 2017, the goal was to become the world’s biggest automaker by 2022.

27 May 05:12 Firstpost 4760741713535667051.html
Rupee slips 8 paise to 75.74 in early trade, forex traders concerned about rising US-China tensions

The rupee depreciated 8 paise to 75.74 against the US dollar in opening trade on Wednesday as market participants were concerned about rising tensions between Washington and Beijing in the wake of the coronavirus pandemic

27 May 05:43 Firstpost 4760741713553299982.html
Covid-19 fallout: Lower capex by states to weigh on EPC sector

As a result of the disruption caused by Covid-19, States staring at huge revenue deficits could reduce capital expenditure, thereby impacting the engineering, procurement and construction (EPC) sector

27 May 05:19 BusinessLine 5283600605294366.html
If plans fructify, NHPC will become world’s largest floating solar company

So big are its ambitions that if plans fructify, NHPC Ltd will become the world’s biggest floating solar power company and will hold the record for a very long time. The public sector power major prop

27 May 05:47 BusinessLine 5283601457820699.html
Renault and Nissan rebuild their alliance to ride out the coronavirus storm

When Renault SA , Nissan Motor Co and Mitsubishi Motors Corp announced the last strategy plan for their Alliance in September 2017, the goal was ...

27 May 05:45 CNA 5644198862449809904.html
Don't Gamble In The Markets, Look At These 2 Blue Chip Healthcare Names Instead

Bristol-Myers Squibb and AbbVie offer rare clarity in today's market. Both names have reaffirmed 2020 guidance and are calling for strong growth. Both names are

27 May 05:55 Seeking Alpha 5725634556373892954.html
Singapore fintech firm secures $17M to build out platform | ZDNet

Raking in $17 million in its latest fund raising, GoBear will be looking to build up a "full-fledged financial services platform" and tap an estimated base of 300 million in the region who remain underserved by existing market offerings.

27 May 05:59 ZDNet 591556592279589308.html
Mega lockdown puts India's animal spirits to sleep in April

India Business News: India’s economy was pushed into a state of dormancy in April as the world’s strictest stay-at-home measures to contain the coronavirus took its toll.

27 May 05:58 The Times of India 6060938663945117198.html
Government has no choice, must listen to wise counsel: Chidambaram

India Business News: The Congress, after rejecting the govt's economic package announced to revive the economy, has said that sooner than later the govt will accept the su

27 May 05:00 The Times of India 6060938664629854741.html
One million businesses claim £15bn from Government furlough scheme

HMRC said more than £6.8bn has been claimed via 2.3 million applications from those who are self-employed and unable to work.

27 May 11:08 Shropshire Star 3480199992154193391.html
Low-income families are spending more on food since March, says report

Low-income families have increased their spending on food by more than 30% since March when the national Covid-19 lockdown began, writes Ground Up.

27 May 11:35 News24 3752801378493941228.html
The Daily Chase: RBC, BMO Q2 profits sink; Huawei CFO hearing

Royal Bank Canada and Bank of Montreal saw their profits cut in half in the fiscal second quarter, and missed expectations in the process, as provisions for credit losses ballooned at both institutions.

27 May 11:04 BNN 3833521688055722905.html
Citi kicks off Eni gas sale with $US165m free-cash-flow pitch

Commodity exposure without the commodity price risk – that's the headline pitch from the energy giant.

27 May 11:34 Australian Financial Review 3974284487905209866.html
Knauf calls in the bankers as Aus building materials sector in play

German building materials giant Knauf has thrown its Australian assets into a wider industry shake-up, and is considering options including a merger or sale to another trade player or private equity firm. 

27 May 11:35 Australian Financial Review 3974284488004371684.html
Advent Partners hones in on GP software biz

The Australian buyout firm is delving back into two of its favourite sectors for its latest investment. 

27 May 11:33 Australian Financial Review 3974284488207985325.html
Exclusive: Latest images show China's war threat may not be rhetoric

Fresh images from the European Space Agency show signs of movement in the Aksai Chin region as late as the third week of this month.

27 May 11:33 India Today 4286117813413382829.html
EU Commission: European recovery plan and next long-term budget to use €1.85 trillion

The European recovery plan and the next long-term budget will use €1.85 trillion to kick-start the EU economy, Reuters reported on Wednesday, citing t

27 May 11:08 FXStreet 4480975638541124593.html
USD/JPY: Gaining bullish strength

The USD/JPY pair continues to trade within familiar levels, now hovering around 107.70 with a mildly bullish bias, according to FXStreet’s Chief Analy

27 May 11:34 FXStreet 4480975639518658082.html
USD/JPY climbs to fresh daily highs above 107.80 supported by risk-on flows

The USD/JPY pair fluctuated in a very tight range near 107.50 during the Asian trading hours but started to climb higher on strengthening risk appetit

27 May 11:49 FXStreet 4480975639655986978.html
Beyond Twiplomacy: Diplomacy and the Digital Fast Forward

The practice of diplomacy in the virtual space is geared towards amplifying foreign policy drives and messages and forms a vital and dynamic branch of strategic communication. Now, more than ever before, we are faced with the inexorable certainty of a digital future – a future that has already begun. As COVID-19 thrusts the world’s […]

27 May 11:00 Modern Diplomacy 4563921197811158003.html
Trump’s silver lining — economic numbers could be surging by Election Day

There is one possible silver lining for President Trump in the dismal economic numbers that have followed the coronavirus lockdowns and jeopardized his reelection: There is nowhere to go but up.

27 May 11:00 Washington Examiner 4625792333802343523.html
Govt may launch coal blocks auction process under commercial mining on 11 June; 50 mines likely to be put on sale

The government last week approved a methodology for commercial mining of coal on revenue sharing basis.

27 May 11:04 Firstpost 4760741712851840753.html
Moderate participation expected in spectrum auctions; telecom industry's debt to elevate at Rs 4.6 cr in FY21: ICRA

Rating agency ICRA expects moderate participation for the upcoming spectrum auctions at Rs 55,000-Rs 60,000 crore due to the limited financial flexibility of the industry

27 May 11:18 Firstpost 4760741713741957348.html
10 things you need to know before the opening bell, Business Insider - Business Insider Singapore

Business Insider - This is what traders are talking about.. Read more at businessinsider.sg

27 May 11:58 www.businessinsider.sg 5090408755605722550.html
The EU plans a record-breaking new stimulus package of $826 billion to soothe Europe's economic pain from the coronavirus, Business Insider - Business Insider Singapore

Business Insider - The European commission aims to fund its recovery plan by raising unprecedented sums on the financial markets.. Read more at businessinsider.sg

27 May 11:02 www.businessinsider.sg 5090408756380457614.html
10 things you need to know before the opening bell, Business Insider - Business Insider Singapore

Business Insider - This is what traders are talking about.. Read more at businessinsider.sg

27 May 11:58 www.businessinsider.sg 5090408757036825771.html
Date announced for Nottingham branch of John Lewis to reopen - and what customers can expect

Numerous safety measures will be in place

27 May 11:05 NottinghamshireLive 5149776701410577522.html
Cognizant offers voluntary separation package to 400 mid, senior managers

Move aimed at IT services major’s US employees

27 May 11:18 BusinessLine 5283601779861058.html
Data of 4 crore Indian users of Truecaller up for sale on dark web: Report

Cybercriminals have leaked personal data of over four crore Indian users of the Truecaller app on the dark web, according to recent reports.The leak has been detected by cybersecurity researchers at C

27 May 11:28 BusinessLine 5283601833833867.html
FG needs to call OGEFZA management to order –Free trade zones stakeholders

OGEFZA seeks to achieve two objectives: to absorb the private sector Free Zones operators in oil and gas logistics services into its fold and under the

27 May 11:15 Premium Times Nigeria 5456729299956093177.html
Otrium is Trying to Solve Fashion’s Inventory Problem

The online designer outlet is looking to fuel international expansion with this round, led by Eight Road Ventures.

27 May 11:51 WWD 5490910668503006887.html
China's GAC keeps target of 3per cent sales growth despite coronavirus pressure

Chinese automaker GAC , which has partnered with Toyota , Honda and FCA , will stick to an annual target of 3per cent in sales growth this year ...

27 May 11:35 CNA 5644198863125558139.html
Tracking Dan Loeb's Third Point Portfolio - Q1 2020 Update

Dan Loeb's 13F portfolio value decreased from $8.70B to $6.27B this quarter. The number of positions decreased from 37 to 30. Third Point increased Amazon and C

27 May 11:27 Seeking Alpha 5725634556242921672.html
Sterling Bancorp: Deposit Repricing To Counter High Credit Costs, Yield Decline

Provision expense will likely be higher than normal in the second quarter due to the deterioration in the economic outlook. The maturity of expensive deposits a

27 May 11:57 Seeking Alpha 5725634556253047416.html
Nordic Semiconductor: New Cellular Products Will Accelerate Revenue Growth And Margin Expansion

Nordic Semiconductor is the undiscovered leader in short-range wireless chips, such as Bluetooth low energy. The company has developed long-range cellular chips

27 May 11:00 Seeking Alpha 5725634556494435165.html
Wall Street Breakfast: Blastoff!

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. U.S. ambitions to rec

27 May 11:02 Seeking Alpha 5725634556763556855.html
It's A Bird, It's A Plane, It's Brookfield Property REIT

Although BPY/BPR is considered a mall REIT, the company technically is considered a diversified REIT because it invests in core office, retail and multifamily p

27 May 11:00 Seeking Alpha 5725634556935910786.html
Chicken Soup For The Soul Entertainment: This Streaming Company's 10.4% Preferred Yield Is Good For The Soul

Chicken Soup for the Soul Entertainment is an emerging streaming company. In Q1 2020, the company made a cash flow milestone, which should give preferred shareh

27 May 11:30 Seeking Alpha 5725634557817338913.html
B2B credit network Fundbox secures fresh investment from MUFG

US B2B payment and credit network Fundbox has secured a fresh equity investment from MUFG Innovation Partners, the corporate capital arm of the giant Japanese bank.

27 May 11:17 Finextra 6000504749442940398.html
GoBear raises $17 million for underbanked play

Singaporean financial comparison site GoBear has raised $17 million in funding from returning investors Aegon and Walvis Participaties.

27 May 11:33 Finextra 6000504749778163055.html
EU proposing £670bn recovery fund in response to pandemic crisis

Paolo Gentiloni’s announcement came amid divisions in the bloc.

27 May 11:01 Jersey Evening Post 6141642773796942522.html
McDonald’s to reopen more than 1,000 restaurants by next week

The chain said it closed some drive-thru lanes last week after soaring demand impacted local communities or staff and customer safety.

27 May 11:46 Jersey Evening Post 6141642774123589421.html
The Wedge gets creative

Developers of a unique, six-storey downtown office building have come up with a creative way to solve their parking issue.

27 May 11:11 Castanet 616068601818424614.html
Sotto: Gov’t needs to rebuild economy

SENATE President Vicente Sotto III on Wednesday said government needs to put a premium in rebuilding the economy once it relaxes current strict community quarantines that have been imposed to minimize the health impacts of the coronavirus disease (COVID-19).

27 May 11:05 Journal Online 6375127393471574484.html
SMBs Can Apply for Full Paycheck Protection Program (PPP) Loan Forgiveness

Small businesses can now apply for a full paycheck protection program (PPP) with loan forgiveness. To qualify organizations must show 75 percent of their loans were used on payroll and the other 25 percent was spent on expenses like rent or utilities.

27 May 11:00 PCMag UK 6559947201292563012.html
Kolkata Metro Railway to start trial run of trains for maintenance purpose

All the rakes will be run as part of the trial beginning Thursday.The Metro Railway had earlier said that strict social distancing norms would be maintained at every point from entry to travelling by the trains after recommencement of services

27 May 11:54 Livemint 6614605818890125293.html
Kerala launches BevQ app to sell liquor

Kerala, which has the highest per capita alcohol consumption in India, rolled out the app to deliver e-tokens for liquor purchase.The app is the state's exit-strategy to open alcohol shops closed due to the lockdown in the wake of the covid-19 pandemic

27 May 11:56 Livemint 6614605819384414471.html
AfDB board bows to US pressure to probe its president

Africa’s largest multilateral lender decided on the inquiry after several governments backed U.S. Treasury Secretary Steven Mnuchin’s criticism of a bank-led examination into the allegations, the

27 May 11:43 Africanews 6630243979435756188.html
Hong Kong unrest worries curb global shares rally

TOKYO, May 27 — Unrest in Hong Kong over Beijing’s proposed national security laws weighed on global shares and oil prices today, offsetting optimism about the re-opening of the world economy. Riot police fired pepper pellets on protesters in Hong Kong’s main business district, rekindling...

27 May 08:46 Malaymail 302165935073299171.html
UK lockdown drives fastest growth in grocery sales for over 25 years

LONDON, May 27 — UK grocery sales rose by 14.3 per cent during the 12 weeks to May 17, the fastest rate since comparable records began in 1994, as Britons adapted to the national lockdown, data from market researcher Kantar showed today. The period included both the pre-lockdown rush to the shops...

27 May 08:09 Malaymail 302165935266098947.html
Renault and Nissan deepen cooperation in bid for survival

TOKYO, May 27 — Renault, Nissan Motor Co and Mitsubishi Motors Corp said today they would each take a lead on car manufacturing in different regions in a wide-ranging revamp of their partnership to slash costs and survive. The three carmakers are reeling from the coronavirus pandemic which...

27 May 08:22 Malaymail 302165935524892050.html
Covid-19: Malaysia has sufficient supply of food and necessities, says minister

SERIAN, May 27 — Malaysia has sufficient supply of basic food and necessities to last during the current Covid-19 pandemic period, said Minister of Domestic Trade and Consumer Affairs (KPDNHEP) Datuk Alexander Nanta Linggi. He said the KPDNHEP, together with the Ministry of Agriculture and Food...

27 May 08:52 Malaymail 302165936203938973.html
Supermarkets see fastest sales jump in 26 years with online orders soaring

Kantar found that sales jumped 14.3% in the 12 weeks to May 17 in grocers, including the period of lockdown when restaurants, bars and pubs shut.

27 May 08:26 Shropshire Star 3480199991464831617.html
Regional mining equipment, technology, service companies targeted with innovation accelerator program

"When those mines in Victoria expand, it means they can get in there getting those business opportunities."

27 May 08:00 The Courier 3604583735679811671.html
Boeing cutting more than 12,000 jobs with layoffs, buyouts

The company said it will lay off 6,770 workers this week, and another 5,520 are taking buyouts.

27 May 08:30 HeraldNet 3867135407956309061.html
Commentary: More action needed to bolster economy — and quickly

A dollar spent on speeding our recovery today will pay off with dividends across the decades to come.

27 May 08:30 HeraldNet 3867135408570825726.html
Coronavirus: 'Short-lived' rebound in house hunter demand

Buyer demand leapt when curbs on the sector were lifted in England, but may not last long-term, analysis says.

27 May 08:09 BBC News 3883826128701381170.html
David Jones, Country Road sales tumble amid pandemic

The South African parent group has appointed local bankers at UBS to run the rule over its property portfolio in order to repay debt.

27 May 08:15 Australian Financial Review 3974284486855346348.html
News Corp to cut hundreds of jobs in restructure

News Corp is on the verge of announcing large scale job cuts as it restructures its Australian publishing business, and moves many of its regional and community newspapers into a digital only model.

27 May 08:46 Australian Financial Review 3974284486955783000.html
'Catch-up rally': banks tower above the rest on ASX

The combined value of the big four swelled by almost $20 billion in just a few hours of feverish trading on Wednesday.

27 May 08:10 Australian Financial Review 3974284487069850102.html
$3b saved as NSW public service pay frozen

NSW is freezing pay increases for 410,000 public servants for a year and will use the $3 billion in savings for job creation and recovery.

27 May 08:02 Australian Financial Review 3974284487492904853.html
Is this the death knell for bank branches?

Older people and small businesses are the big users of bank branches. But bankers are waiting to see how much their behaviour has changed in the wake of the pandemic.

27 May 08:05 Australian Financial Review 3974284487574719044.html
'Flying Bullets' operationalised, IAF chief takes Tejas sortie

Coimbatore: Chief of Air Staff Air Chief Marshal R K S Bhadauria flew a Tejas single-seater light combat aircraft at the Sulur air force station on Wednesday. Officials said Air Chief Marshal...

27 May 08:46 www.thehawk.in 4118436624751557076.html
Deal struck to allow cabling from Scotland’s biggest windfarm under world-famous Carnoustie links

A deal has been struck to allow part of Carnoustie’s world-famous golf links to be used for cabling from what will become Scotland’s largest offshore windfarm.

27 May 08:17 The Courier 4275302767857757594.html
EUR/USD: The safe-haven US dollar is gaining some ground

EUR/USD has been retreating amid intensifying Sino-American relations as speculation about the next central bank moves stands out, Yohay Elam, an anal

27 May 08:15 FXStreet 4480975638299987508.html
S&P 500: Fully valued on some measures – UBS

Global equities have recovered swiftly from the COVID-19 pandemic with the S&P 500 climbing above 3000 points for the time since late February. The ra

27 May 08:42 FXStreet 4480975638386368712.html
GBP/USD: At 1.38 by year-end in the best scenario – UBS

The US dollar appreciated substantially through the crisis as investors sought the liquidity and safe-haven appeal of the US dollar. Nonetheless, anal

27 May 08:52 FXStreet 4480975638722116491.html
GBP/USD Price Analysis: Finds some support near 38.2% Fibo./descending channel confluence region

The GBP/USD pair stalled its overnight strong bullish momentum near the 50% Fibonacci level of the 1.2644-1.2076 recent downfall and witnessed a modes

27 May 08:18 FXStreet 4480975638762860650.html
USD/CAD struggles near 2-1/2 month lows, just above mid-1.3700s

The USD/CAD pair traded with a mild negative bias through the early European session, with bears flirting with 2-1/2-month lows, just above mid-1.3700

27 May 08:57 FXStreet 4480975638920686806.html
AUD/USD: Potentially higher with resistance at 0.6659 – OCBC

The broad USD took a serious hit, as investors continue to impute positivity on the back equities and shake off any negative developments in the Sino/

27 May 08:56 FXStreet 4480975639364520764.html
USD/BRL: 6.00 is a realistic upper barrier – Credit Suisse

Analysts at Credit Suisse think the more forceful FX intervention language and improved external sentiment warrant a range approach to USD/BRL, target

27 May 08:25 FXStreet 4480975639579872450.html
EUR/USD remans under pressure around the 1.0960 area

The single currency came under selling pressure on Wednesday and is now forcing EUR/USD to retreat to the 1.0960 region. EUR/USD sheds ground on USD-b

27 May 08:28 FXStreet 4480975639735857637.html
Government has no choice, must listen to wise counsel, says Chidambaram

The Congress has been demanding cash transfer directly to the people's account to the tune of Rs 65,000 crore.

27 May 08:43 The New Indian Express 4718288654413995008.html
Gold prices hit two-week low on optimism around reopening of economies; US-China tensions temper losses

Gold prices touched a two-week low on Wednesday due to optimism around the reopening of several economies, but increasing Sino-US frictions over Beijing’s proposed security law for Hong Kong tempered losses

27 May 08:32 Firstpost 4760741713281444100.html
Shares in Latin America's biggest airline plunge after bankruptcy filing

Shares in Latin America's largest airline plunged on the New York and Santiago stock exchanges on Tuesday after LATAM filed for bankruptcy in the US.

27 May 08:06 Tech Xplore 4945708899080101481.html
Virus sparks record drop in energy investment: IEA

The energy industry is set to suffer a record drop in investment due to the coronavirus fallout, the IEA said on Wednesday, and while renewables are likely to fare better than oil, any swift economic ...

27 May 08:03 Tech Xplore 4945708899756875975.html
Restaurant owners to bang pots and pans in Old Montreal in bid to reopen

MONTREAL — Some Montreal restaurant owners are planning to take their pots and pans to the streets Wednesday morning, demanding answers on when they can reopen their restaurants.

27 May 08:10 KitchenerToday.com 52741009308913093.html
Israeli Economy Shrinks By More Than 7 Percent Amid COVID-19 Crisis

Private spending dropped by 20.3 percent, investment in fixed assets by 17.3 and exports by 5.9 percent from January to March, according to Israel’s Central Bureau of Statistics.

27 May 08:42 Breaking Israel News 540123161662790735.html
Dangote, MTN emerge most admired African brands

In his reaction, Group Chief Corporate Communication Officer of the Dangote Group, Anthony Chiejina, said the management was not unexpected of

27 May 08:14 Premium Times Nigeria 5456729300493123130.html
COVID-19: Kaduna govt extends restrictions by two weeks

It added that according to the COVID-19 review report, "many of the cases recorded in Kaduna State have either been from persons with a history of

27 May 08:03 Premium Times Nigeria 5456729301254842613.html
Oil falls on demand concerns, US-China tensions

Oil prices fell on Wednesday on concerns over how quickly fuel demand will recover even as lockdowns ease in many countries with falling ...

27 May 08:35 CNA 5644198862429640756.html
World economic prospects darken, rebound delayed: Reuters poll

Economic prospects for the developed world this year have darkened again in the past month as the coronavirus pandemic has rolled from Asia to the ...

27 May 08:15 CNA 5644198862458580179.html
Asian stocks pull back as Hong Kong uncertainty weighs

Asian shares shed some of their recent gains on Wednesday as investor concerns about rising tensions between the United States and China tempered ...

27 May 08:40 CNA 5644198862638585230.html
Hong Kong unrest worries curb global shares rally

Unrest in Hong Kong over Beijing's proposed national security laws weighed on global shares and oil prices on Wednesday, offsetting optimism about ...

27 May 08:40 CNA 5644198862968126237.html
Occidental Petroleum - Africa Asset Sales Collapse, What's Next?

Roughly $4 billion in Occidental Petroleum's planned asset sales haven't panned out in Africa. These asset sales were supposed to pay down debt. Fortunately, cr

27 May 08:08 Seeking Alpha 5725634556809854502.html
Why Technology Is Proving Surprisingly Defensive

In mid-February, the market was at an all-time high, unemployment was at a 50-year low and investors were starting to contemplate a Sanders presidency. Despite

27 May 08:06 Seeking Alpha 5725634557030807288.html
Only The Lonely Can Play

Great investment opportunities are lonely. History shows us the crowd behaviors to avoid and the investment market circumstances to capitalize on. We believe we

27 May 08:02 Seeking Alpha 5725634557454367129.html
Stripe expands in Europe, adding five more countries

Stripe, the €33bn online payments firm created by Limerick brothers Patrick and John Collison, is to roll its services out to another five European countries — Czech Republic, Romania, Bulgaria, Cyprus, and Malta.

27 May 08:44 independent 5894610845935902414.html
Is the COVID-19 crisis spurring faster digital transformation or short-term IT fixes? | ZDNet

According to a global survey from AppDynamics, most IT professionals are concerned about the long-term impact of their current digital transformation initiatives.

27 May 08:00 ZDNet 591556593296516733.html
Four recruitment firms join hands to help India Inc return to work

India Business News: Four global HR services companies -- Randstad, The Adecco Group, ManpowerGroup and Gi Group -- have formed an alliance to “help India get back to work

27 May 08:37 The Times of India 6060938664722972967.html
Supermarkets see fastest sales jump in 26 years with online orders soaring

Kantar found that sales jumped 14.3% in the 12 weeks to May 17 in grocers, including the period of lockdown when restaurants, bars and pubs shut.

27 May 08:28 Jersey Evening Post 6141642773546412673.html
Deputy calls for figures to back up ‘buy local’ campaign

ROBUST data showing why buying goods and services locally is so important is needed as soon as possible so that a convincing case can be made to reinforce the message of the JEP’s Celebrate Local campaign, a States Deputy has said.

27 May 08:16 Jersey Evening Post 6141642774467006241.html
'Reboot, reform' of agriculture pushed

During the launch of the "Plant, Plant, Plant" program in line with the celebration of the farmers and fisherfolk's month at the Department of Agriculture central compound in Quezon City, Dar said the agriculture sector should be more responsive especially with the pressing issues faced by the country.

27 May 08:51 Journal Online 6375127391918802102.html
Holcim restarts Luzon, Davao operations

Leading cement manufacturer Holcim Philippines, Inc. has restarted manufacturing and logistics operations with stronger health and safety controls in all its sites nationwide after pausing cement production in compliance with government quarantine measures against coronavirus disease 2019.

27 May 08:53 Journal Online 6375127392594324619.html
$400-M ADB loan to fund PH capital market dev’t

The Asian Development Bank has approved a $400-million policy-based loan to support the  government’s efforts to strengthen domestic capital markets and reach its development goals of high, sustained economic growth, and poverty reduction.

27 May 08:58 Journal Online 6375127393120415704.html
55 Covid-related goods makers keen on investing in PH

Trade and Industry Sec. Ramon Lopez said 55 companies manufacturing products to fight the coronavirus disease 2019 outbreak have expressed interests to invest in the country.

27 May 08:56 Journal Online 6375127393444892235.html
Amid Covid-19 challenges for raising capital, gold M&As were a feature of Q1 2020

The mining deals decline was partially offset by a 26.4% increase in mergers and acquisitions (M&As), especially involving gold.

27 May 08:37 Mining Technology 639193377308335103.html
Gold Price Forecast: New Trend Lower is Forming

Gold prices are have fallen for three days in succession now and mid-week trade sees the precious metal lower at $1708. Analyst and technical forecaster Richard Perry of Hantec Markets says there is a risk gold shifts into a near-term downtrend

27 May 08:46 The Pound Sterling Live 6614579506991579028.html
GBP/USD Forecast: Holding Support will be Key

The GBP/USD exchange rate rallied to a high of 1.2362 over the course of the past 24 hours and has since settled back at 1.2312 at the time of writing. Analysts and technical forecaster Richard Perry asks whether Sterling has what it takes to push higher

27 May 08:43 The Pound Sterling Live 6614579507702186820.html
Mumbai lockdown: Flight passengers moving to or from airport don't need to carry e-pass

'All flight travellers moving to/from the Mumbai Airport can do so without an e-pass,' Mumbai police tweeted.The domestic flights were allowed to operate with reasonable restrictions, from May 25

27 May 08:48 Livemint 6614605819566639289.html
'Trans-Tasman bubble' between Australia and New Zealand could open in September

A travel industry group working to establish a 'Trans-Tasman bubble' says it will present a plan to both governments early next month and eyes flights resuming as early as September.

27 May 22:26 Traveller 679876629474690985.html
Value hunting? This stock market has become mouth-wateringly cheap

Stocks in Hong Kong have become cheap as China tries to tighten its grip, but Beijing’s own self-interest suggests it won’t stamp out success

27 May 22:01 The Globe and Mail 68426409945347090.html
Telecom growth on hold as pandemic cools demand

Rogers., Telus and BCE face stalled wireless subscriber growth and sharp drop in roaming revenues

27 May 22:19 The Globe and Mail 68426410832775072.html
Opinion: The pandemic has exposed the crack in our fiscal armour

Almost instantly, the COVID-19 downturn proved Canada’s EI system is too slow, too exclusionary and hardly up to task

27 May 22:16 The Globe and Mail 68426411547518529.html
Boeing to axe 12,000 US workers even as Max assembly resumes

Aircraft manufacturer says production of grounded jet will initially be at ‘low rate’

27 May 22:14 Ft 707176888551207342.html
Analyst Who Called Bitcoin Drop to $3,000s Expects Another Brutal Bear Market

Bitcoin has rallied strongly since the $3,700 lows established in March. From the bottom of the crash, the cryptocurrency is now up just shy of 150%.

27 May 22:15 NewsBTC 7232133511245186689.html
SoFi Sees Investor Accounts Double Thanks To Fractional Shares

The CEO of SoFi, the personal finance company based in San Francisco, said its investor accounts have doubled this year, mostly due to fractional shares.

27 May 22:52 PYMNTS.com 7357138825094947317.html
WA sends bureaucrat to China on 'Belt and Road' mission after Premier rules out deal with Beijing

The WA government has sent a senior bureaucrat on a mission to China organised by an organisation advising the Victorian government on its Belt and Road Initiative deal with Beijing.

27 May 22:13 The Age 7967730561504519430.html
Saudi Arabia’s bid for Premier League rights helping to smooth Newcastle takeover

Saudi Arabia's bid for Premier League rights helping to smooth Newcastle takeover

27 May 22:41 CaughtOffside 8169236757208557763.html
Ohio counties sue major pharmacies for role in opioid crisis

May 27 (UPI) -- Two Ohio counties on Wednesday filed a lawsuit against several major U.S. pharmacies, stating they were complicit in perpetuating the opioid crisis.

27 May 22:51 UPI 8257973865165873301.html
Exxon shareholders soundly reject splitting CEO/chairman roles

(Reuters) - Exxon Mobil Corp (XOM.N) shareholders soundly rejected climate-related proposals and splitting the chairman and chief executive’s roles at the oil major’s shareholder meeting on Wednesday.

27 May 22:20 Reuters 8334514181125308273.html
News Corp to stop printing more than 100 Australian regional papers

Rupert Murdoch's Australian flagship media group News Corp announced Thursday it will stop printing more than 100 regional and local newspapers, blaming a collapse in advertising made worse by the coronavirus pandemic. The decision comes after News Corp announced on April 1 it was temporarily halting printing of around 60…

27 May 22:40 Japan Today 8582716285746797411.html
Apple is reopening more stores, but online progress also sparks optimism

Apple Inc. is slowly reopening more of its stores in what one analyst calls a “sign of improving trends,” but the company seemed to be making strides in the...

27 May 22:15 MarketWatch 8975941548349525414.html
Charles Schwab-TD Ameritrade Merger Hit by Eight Lawsuits

Boards of Charles Schwab and rival TD Ameritrade have invited their respective shareholders to agree on the all-stock merger that was valued at $26 billion.

27 May 22:52 Finance Magnates 8992138266443450326.html
Bhopal: Market opens but no business on day 1, traders not happy with 11am- 5pm timing

The district administration has permitted opening of shops in phased manner from 11am to 5 pm

27 May 22:50 Free Press Journal 9080771787645363111.html
"Everyone Is Shocked": CBS News Hit Hard by Layoffs

"I’m really sorry," network president Susan Zirinsky said Wednesday on an all-staff Zoom meeting about the cuts. "There is not a person who won’t be missed."

27 May 23:16 The Hollywood Reporter 121801343959250939.html
More than eight in 10 Ryanair passengers are STILL waiting for refunds for cancelled flights, says Which?

Just five per cent of Ryanair customers have had their money returned to them for cancelled flights within the seven day legal time frame, according to a poll by the UK consumer champion.

27 May 23:01 Mail Online 124328111623608690.html
Post Covid-19 lockdown, hospitality sector to see steep credit stress: Icra

“The demand has declined to the lowest levels that the industry has ever witnessed; it is clear that this is the biggest crisis ever by the sector,” Icra said.

27 May 23:02 The Financial Express 1288289579740924926.html
Combating economic downturn post Covid-19 pandemic: Sync trade and FDI policies

Revise the existing institutional mechanisms for trade and investment policymaking to make policies more coherent and inclusive

27 May 23:16 The Financial Express 1288289579947589214.html
‘Aatmanirbhar’ package for agriculture: Sowing half-reforms

While the government deserves credit for announcing agri-reforms that have long been in the making, these may remain halfway measures as it has refrained from biting the bullet on truly freeing up the sector

27 May 23:23 The Financial Express 1288289579970389600.html
No need to worry about food inflation for six months, says expert

The buffer stock has been procured by the government at Rs 37 per kg and Rs 27 per kg for wheat, and this is sold through PDS at Rs 2-3 per kg, which involves a huge subsidy, he said.

27 May 23:01 The Financial Express 1288289580681687147.html
Rs 20 lakh crore Covid-19 relief package: Missing demand

The package has a large role for RBI, with 40% of the amount mentioned being provided as liquidity by the central bank.

27 May 23:22 The Financial Express 1288289581042006376.html
Greece “will invest, not spend, its share” of the EU €750 billion recovery plan

Following the announcement of the €750 billion aid package to help Europe's economic recovery from the fallout of the coronavirus pandemic, Greek government

27 May 23:24 Greek City Times 1506177377982815087.html
Here's When You Can Expect Tattoo Parlors to Open Back Up in Each State

The coronavirus pandemic is nowhere near over, but nearly all states in the US have officially introduced plans to reopen their economies after several weeks

27 May 23:30 POPSUGAR Beauty 1694745614706965064.html
Analysts are Cautious of the Crypto Market’s Latest Push Higher; Factors to Consider

Multiple crypto analysts have noted that a few factors that suggest this Bitcoin upswing will be short-lived due to a few trends

27 May 23:00 Bitcoinist.com 1696346937185615903.html
Govt to discontinue 7.75% saving bonds from May 28

The curtain will come down on the most attractive ‘RBI 7.75% Saving Bonds’ on Thursday, 17 years after they were launched in 2003 to encourage retail investors but became an instant hit with the

27 May 23:06 Deccan Herald 2027555796255128758.html
Job numbers plummet by 37,500 in April as COVID-19 economic impact cripples businesses

COVID-19 impact and restricted trading is heavily impacting the economy.

27 May 23:12 Newshub 2131266985808539712.html
News Corp shuts down more than 100 print titles, hundreds of jobs to go

News Corp has confirmed its plans to axe hundreds of jobs as it moves to a digital-focused future.

27 May 23:05 Brisbane Times 2314609338353203638.html
Alibaba Hunts for a Million Influencers Keen to Make Big Money

Alibaba Group Holding Ltd. pioneered the use of live-streaming hosts to sell everything from lipstick to smartphones in China. Now, the e-commerce giant wants to repeat that success globally with the help of a million influencers on forums from TikTok to Instagram.

27 May 23:13 Daily Maverick 2373996787597394813.html
Carl Icahn Exits Hertz After Six-Year Bet Ends With Bankruptcy

Billionaire investor Carl Icahn has sold out of Hertz Global Holdings Inc., the rental-car company that filed for bankruptcy last week and counted him as its biggest shareholder.

27 May 23:20 Daily Maverick 2373996787786185717.html
Delhi: Markets empty, traders say Metro is only sliver of hope

The centrality of the Metro and full bus services was echoed by the market associations of Lajpat Nagar and Karol Bagh, which reopened with approximately 30% and 48% shops respectively.

27 May 23:55 The Indian Express 2885715105030101155.html
Total coronavirus cases in Gulf Arab states surpass 200,000, tally shows

DUBAI, May 28 — The number of coronavirus cases in the six Gulf Arab states doubled in less than a month to surpass 200,000 yesterday, according to a Reuters' tally, at a time the region's two biggest economies move to resume activity. Coronavirus infections in the energy producing region, which...

27 May 23:31 Malaymail 302165935083235030.html
Experts: Just beating Covid-19 is not enough to return consumer confidence

KUALA LUMPUR, May 28 — Economic observers think it will take more than just overcoming the Covid-19 threat in the country to restore consumer and investor confidence. They predict that it will only see a resurgence if the government can roll out a sustainable post-Covid-19 economic plan to help...

27 May 23:32 Malaymail 302165935363441566.html
United Airlines reshuffles management as it prepares for uncertain recovery

NEW YORK, May 28 — United Airlines Holdings Inc is reshuffling its management team to help the airline prepare for the near-term uncertainty of travel demand, new Chief Executive Scott Kirby told employees yesterday, as restrictions to keep the coronavirus from spreading are lifted. With...

27 May 23:09 Malaymail 302165935854194045.html
ICC Board Meeting: World T20 most likely to be postponed to 2022, October window for IPL

New Delhi: The postponement of this year’s T20 World Cup in Australia to 2022, which might open up a window … ICC Board Meeting: World T20 most likely to be postponed to 2022, October window for IPL Read More »

27 May 06:46 ISSCNC 6824315491175610179.html
Government has no choice, must listen to wise counsel: Chidambaram

NEW DELHI: The Congress, after rejecting the government’s economic package announced to revive the economy, has said that sooner than … Government has no choice, must listen to wise counsel: Chidambaram Read More »

27 May 06:05 ISSCNC 6824315491258594785.html
Kenya Airways takeover law to be out by August

Assembly team says it is on course to deliver legal framework.

27 May 06:00 Daily Nation 7421817125863826458.html
ICTU warns against 'cliff edge' removal of COVID-19 payments

The head of the Irish Congress of Trade Unions (ICTU) says income supports, such as COVID-19 pay...

27 May 06:51 Newstalk 7635722259633961810.html
PBOC injects $16.8 billion via reverse repos, keeps rate unchanged

With no reverse repos maturing on Wednesday, the PBOC injected the funds into the market on the day.

27 May 06:56 The Economic Times 7653256036653486465.html
Reliance’s $7 billion rights rings in new trading venue in India

Reliances rights entitlement began trading on May 20 at 151.15 rupees.

27 May 06:31 The Economic Times 7653256037466507887.html
Very positive on Bharti Airtel, use dips to accumulate stock: Dipan Mehta

‘Telecom is one industry which is able to maintain its present earnings power

27 May 06:56 The Economic Times 7653256037768270000.html
After-school sector wants free care extended over winter holidays

While schools have resumed full-time teaching, the out-of-school-hours sector is unsure how many families will still need its services

27 May 06:53 The Age 7967730561788738145.html
Nokia Shuts Plant in Tamil Nadu After 42 Employees Test Positive for COVID-19

Nokia last week suspended operations at a telecoms gear manufacturing plant in southern India, the company said on Tuesday, after some employees tested positive for COVID-19.

27 May 06:50 The Hans India 817019415118118370.html
Bulgaria to reopen restaurants, bars and cafes on June 1

SOFIA (Reuters) - Bulgaria will allow restaurants, bars and cafes to reopen at full capacity on Monday as the Balkan country further eased restrictions imposed in mid-March to stop the spread of the coronavirus.

27 May 06:11 Reuters 8334514181266320667.html
Sporton busy fulfilling orders for inspecting 5G sub-6GHz chips, handsets

Taiwan-based Sporton International has been busy fulfilling orders from MediaTek for testing and certifying its 5G sub-6 GHz mobile SoCs as well as orders from Chinese handset vendors for inspecting their 5G smartphones to help them win approvals from international verification organizations, according to industry sources.

27 May 06:58 DIGITIMES 8411283749190888904.html
Raising IC self-sufficiency increasingly difficult for China

US vendors remain dominant players in the global front-end semiconductor equipment market segment, which will be a critical factor blocking China's ambition of raising self-sufficiency for ICs, according to industry observers.

27 May 06:35 DIGITIMES 8411283749264247608.html
Chang Wah to double QFN leadframe capacity in 2020

Leadframe specialist Chang Wah Technology (CWTC) has disclosed plans to expand production capacity for QFN (quad flat no-lead) leadframes at its factory sites in China and Taiwan this year.

27 May 06:53 DIGITIMES 8411283749574246656.html
Covid-19 lockdown: Indian economy to contract 5% in 2020-’21, predicts Fitch Ratings

The contraction is mainly because of the sharp slump in consumer spending and fixed investment amid a ‘very stringent’ lockdown policy.

27 May 06:46 Scroll.in 8669301693468069695.html
Lending a Hand: Pornhub Donating to 10 Charities to Mark 10 Million Followers on Instagram

The world's biggest porn site is also aiming to be the world's most generous one. Pornhub has cropped up since the start of the pandemic, donating to coronavirus...

27 May 06:23 Sputniknews 967333868589800791.html
Steep US stock correlations show virus’s impact on markets

S&P 500 three-month realised correlation elevated despite VIX slump.

27 May 07:06 Moneyweb 1092550947902161912.html
Volkswagen in final talks to seal biggest M&A deals in Chinese EV sector

The deals would make Volkswagen the latest foreign automaker to increase ownership in China since the government started to relax ownership rules in 2018 here with Germany's BMW AG quick to take control of its main local venture

27 May 07:58 Business Today 1145527430843523441.html
JSW Steel to achieve supply normalcy by June; demand revival to take much longer

JSW Steel did not increase the inventory during the lockdown. It had capacity utilisation of 38 per cent in April and it increased to 85 per cent in May

27 May 07:40 Business Today 1145527431711679514.html
This Rakesh Jhunjhunwala-held stock falls 3% as firm logs zero sales in first six weeks of lockdown

Share price of Titan Company slid up to 2.81% to Rs 868 compared to the previous close of Rs 893.15 on BSE

27 May 07:52 Business Today 1145527432703544525.html
Demand for properties surges in Leeds, Newcastle, Portsmouth and Southampton as pent-up buyers return

Zoopla says demand from buyers was 20% higher in the week following the reopening of the housing market on 12 May, compared to the beginning of March.

27 May 07:19 Mail Online 124328111956014608.html
Halfords to reopen 53 stores after physical-distancing trial

Customers allowed in store for first time since UK coronavirus lockdown started on 23 March

27 May 07:51 the Guardian 1491978794823568949.html
Covid-19: Google to reopen offices in July for limited number of employees

The company will also be giving $1,000 stipend for home office equipment to make remote work easier

27 May 07:38 Business-Standard 1502508924942975036.html
Global energy investment may see a record fall in 2020 over Covid-19: IEA

Governments are easing restrictions put in place to curb the spread of the virus after the confinement of around 3 billion people brought the global economy to a near standstill

27 May 07:29 Business-Standard 1502508924994879477.html
Renault, Nissan, Mitsubishi outline new plan to survive coronavirus crisis

On Wednesday, the Alliance partners will outline a new plan with a less lofty objective, survival, the Reuters reported

27 May 07:26 Business-Standard 1502508925052657259.html
This Pidilite Industries-promoted stock has rallied over 100% in one month

Vinyl Chemicals surged 10 per cent today to hit a 52-week high of Rs 109. The stock has rallied 111 per cent in the past one month from level of Rs 51.66 on the BSE

27 May 07:46 Business-Standard 1502508926008209041.html
Elgi Equipments to wind up Chinese subsidiary over economic downturn, Covid

The subsidiary is in the business of import, warehousing, selling and servicing. The winding-up activities are likely to begin shortly

27 May 07:06 Business-Standard 1502508926086739371.html
Nokia shuts factory in Tamil Nadu after 42 test positive for COVID-19

Earlier this month, Nokia shut down its manufacturing plant in Tamil Nadu, India. The company made the move after employees tested positive for the Coronavirus infection. While the official numbers weren’t given out, a source close to the situation claimed that the infected number of people reached 42. Back when the COVID-19 cases had initially …

27 May 07:42 Gizmochina 1751854815947098652.html
Union Properties’ subsidiary to claim approximately Dh1.5b

The claim is related to construction work that was completed around 10 years ago

27 May 07:16 Gulf News 2086521543797468083.html
Hotel owner Accor cuts 800 jobs in Middle East and Africa

Positive signs are starting to appear in the UAE and Saudi Arabia, says CEO

27 May 07:52 Gulf News 2086521544691261639.html
Nokia shutters manufacturing plant as employees test positive for Covid-19

Nokia is the second manufacturing company after Oppo in recent weeks to open up its plant and quickly shut down due to workers testing positive for Covid-19.

27 May 07:21 TechRadar 2111116915209270427.html
'Lift your game or go': APRA ups pressure on super funds to merge

'Lift your game or exit the industry' is the message from the prudential regulator.

27 May 07:19 Brisbane Times 2314609339006426091.html
Bank stocks rake in $17 billion as investors revel in recovery party

Portfolio managers are coming to the view it's a bigger risk to be underweight bank shares as investor sentiment on the sector switches from negative to positive.

27 May 07:03 Brisbane Times 2314609339299684278.html
Another two Grow Super staff stood aside amid Dally M scandal

Two staff at Grow Super have been stood aside amid a police probe into a betting plunge on the Dally M.

27 May 07:59 Brisbane Times 2314609340160146731.html
China stocks fall on rising Sino-U.S. tensions, economic worries

SHANGHAI — China stocks fell on Wednesday as rising Sino-U.S. tensions and lingering worries over the coronavirus damage on the economy curbed risk appetite.

27 May 07:44 Financial Post 2379081493748316890.html
Halfords to reopen 53 stores to cope with cycling demand and car repairs

The high street retailer has been allowed to trade throughout lockdown, but chose to close stores to the public to protect staff.

27 May 07:12 Shropshire Star 3480199991877586133.html
France expects economic slow-down by 20% in Q2

French gross domestic product in the second quarter of 2020 is forecast to drop by massive 20%, according to the country’s official INSEE statistics as reported by The Guardian.

27 May 00:00 BNN - Baltic News Network 1847219821933575065.html
Bank: Lithuanian billion-rescue-plan may be slowed down by red tape

As the Lithuanian government plans to invest 6.3 billion euros in the economy and human resources in 18 months, Swedbank has pointed to excessive red tape as weakness that could slow down the investments, LRT reports.

27 May 00:00 BNN - Baltic News Network 1847219822496511064.html
Airlines given $123 billion in state aid – IATA

While governments are coming to the rescue of embattled airlines, the International Air Transport Association points out that $67 billion of the $123 billion committed so far would have to be repaid

27 May 00:00 Rappler 1882105643682260102.html
Torstar to be sold, taken private in $52 million deal

Five families that built and grew media conglomerate Torstar Corp. have agreed to hand the newspapers they presided over for roughly 70 years to a Canadian investment firm that plans to take the company private.

27 May 00:31 CP24 1887544296349792373.html
25,937 confirmed coronavirus cases in South Africa as deaths rise to 552

Health minister Dr Zweli Mkhize has announced that there are now 25,937 confirmed cases of coronavirus in South Africa.

27 May 00:00 BusinessTech 2153596438745782424.html
You can now apply for government’s relief fund for May – but don’t make these mistakes

The Department of Employment and Labour says the Unemployment Insurance Fund (UIF) has to date paid in excess of R15 billion to beneficiaries – marking a historic first in terms of a lump sum paid out by the fund within five weeks.

27 May 00:00 BusinessTech 2153596439027552231.html
Digital strategies key for retail to survive a shifting consumer landscape

The world is in unchartered territory and as many businesses face the harsh reality of lockdown, we are beginning to accept that jobs will be lost, orders will be cancelled, and many doors will not be reopened.

27 May 00:00 BusinessTech 2153596439951271890.html
Business rescue practitioners shut down SAA’s plans to fly again

South African Airways’ business rescue practitioners (BRPs) say that the airline’s announcement that it plans to resume domestic flights under lockdown level 3 was “unvetted”.

27 May 00:00 BusinessTech 2153596440008513821.html
Woolworths targets online as shoppers take to food delivery service

Retailer Woolworths says that the Covid-19 pandemic, and resulting lockdown continues to have a pronounced impact on the group.

27 May 00:00 BusinessTech 2153596440067842513.html
Billionaire Johann Rupert scores R54 million payday

South African billionaire Johann Rupert took home a R54 million payday in 2020, for his role as chairman at Swiss luxury goods company, Richemont.

27 May 00:00 BusinessTech 2153596440604994276.html
SAA administrators see reasonable chance of rescuing the airline

The administrators of South Africa’s bankrupt state-owned airline said they see a “reasonable prospect of rescuing” it.

27 May 00:00 BusinessTech 2153596440634328638.html
Winding down of Saldanha Steel plant to be complete by end of June

Despite numerous efforts to save the steel plant, ArcelorMittal South Africa CEO Kobus Verster said that reopening the facility in the medium term was highly unlikey.

27 May 00:00 ewn.co.za 2308610106381317816.html
Rand falls as Sino-US friction dents risk appetite

At 0645 GMT, the rand traded at 17.4900 per US dollar, 0.45% weaker than its previous close.

27 May 00:00 ewn.co.za 2308610106632302265.html
ANALYSIS: How a post-COVID-19 revival could kickstart Africa’s free trade area

Africa is more vulnerable to the impact of COVID-19 because it is highly dependent on imports for its medicinal and pharmaceutical products and on commodity exports.

27 May 00:00 ewn.co.za 2308610106686302763.html
SAA can still be saved with funding - administrators

SAA has been fighting for its survival since entering business rescue - a local form of bankruptcy protection - in December, after almost a decade of financial losses.

27 May 00:00 ewn.co.za 2308610106719605636.html
FFC urges govt to reconsider its fiscal consolidation stance

Finance Minister Tito Mboweni had so far held the line on fiscal consolidation – a policy aimed at reducing the budget deficit and government’s soaring debt-service costs.

27 May 00:00 ewn.co.za 2308610106759199405.html
Cabinet approves appointment of Sithole as PIC CEO

Sithole is currently the principal executive officer of the Government Employees Pension Fund and the commissioner of the Financial Sector Conduct Authority.

27 May 00:00 ewn.co.za 2308610106949227268.html
SA Reserve Bank says lenders can handle coronavirus crisis

The country’s banks, some of the largest on the continent including Standard Bank and FirstRand, have seen profit growth slip in recent years, while risks from lending to the increasingly strained government and the economy have increased.

27 May 00:00 ewn.co.za 2308610107292988087.html
Iata appeals for govt financial relief as COVID-19 takes toll on aviation sector

Since government implemented the nationwide lockdown, no airline has been allowed to fly locally or internationally.

27 May 00:00 ewn.co.za 2308610107378674930.html
Hairdressers head to court today over level 3 restrictions

With level 3 regulations set to come into effect next week, those in the hair and beauty industry are still not being allowed to fully operate.

27 May 00:00 ewn.co.za 2308610107452295843.html
BRPs stop SAA flights before they even take off

In a statement on Tuesday, SAA said it would resume operations between Johannesburg and Cape Town from mid-June.

27 May 00:00 ewn.co.za 2308610107970435410.html
UIF compliance no longer a requirement for COVID-19 financial aid

Previously only workers who were registered and declared on the system by their employers could qualify for the benefit.

27 May 00:00 ewn.co.za 2308610107991883829.html
ANALYSIS: Vegan boom is heading for a meat-fuelled bust

Vegan companies were struggling with increasing costs even before the coronavirus pandemic.

27 May 00:00 ewn.co.za 2308610108199626450.html
Rand falls as Sino-US friction dents risk appetite

The rand fell on Wednesday following global weakness in emerging market currencies due to increasing Sino-US friction over China’s proposed security law for Hong Kong, retreating the two-month high seen a day before.

27 May 00:00 ewn.co.za 2308610108250416395.html
Eskom sees lower risk of power cuts during winter

Eskom expects only 3 days of stage one power cuts, where up to 1,000 megawatts is taken off the national grid, during the winter period when demand increases, the chief executive officer said on Wednesday.

27 May 00:00 ewn.co.za 2308610108289873465.html
DA demands details on UIF’s COVID-19 relief payments

The party’s Michael Cardo said the UIF was failing to pay through the employee relief scheme and its website was constantly offline.

27 May 00:00 ewn.co.za 2308610108462835610.html
Torstar to be sold, taken private in $52-million deal

Five families that built and grew media conglomerate Torstar Corp. have agreed to hand the newspapers they presided over for roughly 70 years to a Canadian investment firm that plans to take the company private.

27 May 00:44 CTVNews 2422791598438378575.html
Toronto Star owner Torstar to be sold, taken private in $52- million deal

Five families that built and grew media conglomerate Torstar Corp. have agreed to hand the newspapers they presided over for roughly 70 years to a Canadian investment firm that plans to take the company private.

27 May 00:44 CTVNews 2422791598749195281.html
Vadodara civic body announces 10% property tax rebate to tide over crisis

Deputy Municipal Commissioner SK Patel said the move is to benefit both the VMC and the citizens. "We are planning to make use of social media and newspapers to ensure that the message about the rebate reaches the people. Property tax is one of our biggest incomes," he said.

27 May 00:00 The Indian Express 2885715105822423456.html
New survey says 82% of festival goers are comfortable returning to music events

More than 110,000 people were surveyed

27 May 00:00 Mixmag 2902824820314526755.html
MLAs slam KHADC move to levy transit fee

SHILLONG: Four Congress MLAs - HM Shangpliang, PT Sawkmie, George Lyngdoh and Kimfa Marbaniang - have shot off a letter to the chief minister lamenting the decision of the Khasi Hills Autonomous District Council (KHADC) to levy a transit fee of Rs 45

27 May 00:00 The Shillong Times 2998999879833674780.html
COVID-19 likely to deepen salary crisis in GHADC

TURA: With the ongoing Covid-19 pandemic crisis in the state, agony of the employees of the Garo Hills Autonomous District Council (GHADC) who are yet to be paid their pending dues for over 24 months, is likely to get compounded  as there is no certa

27 May 00:00 The Shillong Times 2998999880016016171.html
Serie A asks broadcasters to make final payment for this season

MILAN, May 27 ― Italy's top flight football league Serie A said yesterday that broadcast rights holders must pay the final instalment for the current season, which has been halted due to the coronavirus outbreak. Serie A was suspended on March 9 and the Italian government will decide tomorrow...

27 May 00:57 Malaymail 302165935132268669.html
Japan's new budget to include US$302b in direct spending, reports Mainichi

TOKYO, May 27 — Japan's government plans to include US$302 billion (RM1.32 trillion) in direct spending under a second extra budget to be compiled today, to cushion the economic blow from the coronavirus pandemic, the Mainichi newspaper reported. The 32.5 trillion yen (RM1.32 trillion) in...

27 May 00:47 Malaymail 302165935255733618.html
Asian stocks pull back as Hong Kong uncertainty weighs

NEW YORK, May 27 — Asian shares shed some of their recent gains today as investor concerns about rising tensions between the United States and China tempered optimism about a re-opening of the world economy. US President Donald Trump said late yesterday he is preparing to take action against...

27 May 00:54 Malaymail 302165935477014733.html
Russia consumer demand drops, jobless jump in April lockdown

MOSCOW, May 27 — Retail sales in Russia fell more than expected in April, while unemployment jumped above forecasts during a dire first full month of coronavirus lockdown for the country, data from statistics service Rosstat showed yesterday. Russia's economic health is in focus after a slump in...

27 May 00:13 Malaymail 302165936288761771.html
Big job losses in South Africa – Here are the sectors which are the worst affected

The CCMA recently opened its doors and immediately experienced a big influx of people who lost their jobs.

27 May 00:00 MyBroadband 3036103788134770028.html
The little electric cars used for ecommerce deliveries in South Africa

Tiny electric vehicles used by South African ecommerce companies to facilitate deliveries are in high demand.

27 May 00:00 MyBroadband 3036103788413751837.html
Walmart is now selling used goods from Nike, Coach, Michael Kors and more as it dives into the $32 billion resale market

Walmart will for the first time sell used clothing, accessories, and shoes on its website through a partnership with the resale site ThredUp.

27 May 04:05 Pulse Live 3606876836534291787.html
'Fight for every job': University union on war footing

A day after Scott Morrison urged all sides to 'lay down their weapons', the university staff union have threatened widespread industrial action.

27 May 04:01 Australian Financial Review 3974284486427564464.html
Morrison is chasing votes at the expense of exports

We are a proud middle power. But it does us no good to bash our Chinese customer for political advantage.

27 May 04:41 Australian Financial Review 3974284488177349863.html
ByteDance Hit $3 Billion in Net Profit Last Year

TikTok’s parent ByteDance Ltd. generated more than $3 billion of net profit on over $17 billion in revenue last year, figures that show the world’s most valuable startup is still growing at a brisk rate, according to people familiar with the matter.

27 May 04:30 Bloomberg 4032480120650215801.html
A Tech Billionaire May Find Use in a Cold War

Mukesh Ambani may have found the perfect time to pitch Jio to American investors, as U.S.-China tensions rise.

27 May 04:43 Bloomberg.com 4032480122123629384.html
Passenger on Delhi-Ludhiana Air India flight tests positive for coronavirus, 40 others quarantined

A passenger on a Delhi-Ludhiana Air India flight on Tuesday tested positive for coronavirus. Air India has said 36 passengers and 4 crew members have been quarantined in Punjab.

27 May 04:10 India Today 4286117813036968448.html
Coronavirus update: Germany virus reproduction rate drops further to 0.70

According to the latest data from the German disease and epidemic control center, Robert Koch Institute (RKI), the number of confirmed coronavirus cas

27 May 04:17 FXStreet 4480975639009259262.html
EUR/USD range play continues ahead of Lagarde speech, EU summit

While EUR/USD registered gains on Tuesday, the ascent stopped just short of 1.10, keeping the multi-week trading range of 1.1019-1.0727 intact. At pre

27 May 04:02 FXStreet 4480975639298526234.html
EUR/USD: Extra gains expected above 1.1020 – UOB

FX Strategists at UOB Group noted the outlook on EUR/USD remains tilted to the positive side for the time being. Key Quote 24-hour view: “The sudden s

27 May 04:45 FXStreet 4480975639774038330.html
GBP/USD: Off two-week top under 1.2400 amid US dollar pullback

GBP/USD steps back from two-week top to 1.2320, down 0.11% on a day, while heading into the London open on Wednesday.

27 May 04:11 FXStreet 4480975639966039441.html
Reopening optimism fuels stock market surge

Stocks soared Tuesday as enthusiasm builds about the reopening of the country and the development of a coronavirus vaccine.

27 May 04:00 Washington Examiner 4625792333354420905.html
‘Call taxis ready to install fiber glass partition and ply’

The association said about 25,000 drivers have been struggling to make ends meet owing to the lockdown.

27 May 04:48 The New Indian Express 4718288654525948761.html
‘I have a lot of confidence in the long-term growth of the Indian car market’: Skoda Auto’s Zac Hollis

Skoda Auto India’s ‘India 2.0 project’ remains on track, investments won’t change, said Skoda Auto India’s Brand Director

27 May 04:09 BusinessLine 5283600076406830.html
Industrial land ready in Maharashtra for business operations: Subash Desai

The Maharashtra government has kept ready 40,000 acres of industrial land along with all amenities, including road connectivity, for companies to come in and start their business operations, State In

27 May 04:48 BusinessLine 5283600446093696.html
Management One Taps Michael Alic for President Role

Alic formerly served in various leadership roles, and is known for managing MAGIC and Coterie.

27 May 04:30 WWD 5490910667680655594.html
Informa Teams With NuOrder to Digitalize Trade Show Experience

The trade show operator and e-commerce platform will work to bring brands and retailers together.

27 May 04:01 WWD 5490910668868875371.html
Walmart Goes Full-Throttle on Resale With ThredUp

As part of an ongoing mission for fashion dominance, Walmart enters resale.

27 May 04:01 WWD 5490910668907005475.html
Shares in Latin America's biggest airline drop 35% after bankruptcy filing

SANTIAGO: Shares in Latin America's largest airline plunged 35 per cent on the Santiago stock exchange on Tuesday (May 26) after LATAM filed for ...

27 May 04:02 CNA 5644198863844611774.html
First Majestic Silver Is A Great Bet On Higher Silver Prices

If silver prices rise, First Majestic is well-positioned among major silver producers to see strong share performance. First Majestic has been improving operati

27 May 04:02 Seeking Alpha 5725634556036561632.html
China Online Education Group (COE) CEO Jack Jiajia Huang on Q1 2020 Results - Earnings Call Transcript

Start Time: 08:00 End Time: 08:55 China Online Education Group (NYSE:COE) Q1 2020 Earnings Conference Call May 26, 2020, 08:00 AM ET Company Participants Jack J

27 May 04:39 Seeking Alpha 5725634556693600869.html
City projects under budget

Over the last 20 or so months, the City of Kamloops has worked millions of dollars worth of projects, the majority of which came in below budget.

27 May 04:00 Castanet 616068601501275490.html
Save On ends pandemic pay

The union representing workers at Save-On-Foods is asking the chain to extend the pandemic premium for employees.

27 May 04:00 Castanet 616068603500582501.html
7 Big Little Lies Of The Modi Government’s Coronavirus Economic Relief

HuffPost India spoke to experts and read the fine print to find the Modi government has failed to put its money where its mouth is.

27 May 04:59 HUFFPOST 6665507018197890152.html
Players call MLB's economic proposal ' extremely disappointing'

The MLBPA said "the sides also remain far apart on health and safety protocols.”

27 May 04:12 The Japan Times 6673764366313917507.html
Today's top business news: Fitch says Indian economy to contract 5% in FY21, stocks rally ahead of F&O expiry, oil refiners ramp up demand, and more

Updates from the world of economy, markets, and finance

27 May 04:19 The Hindu 6679535025880565604.html
Rishi Sunak to 'ban firms from furloughing more staff' as scheme set to wind down

Chancellor Rishi Sunak will reportedly ban firms for furloughing extra staff as the government looks at winding down the scheme. He is also due to announce later this week how much employers will need to contribute to the scheme from August.

27 May 04:56 mirror 675785260555313458.html
Residential building declines as government considers cash grants for new homes

There was already a decline in the home building industry before the coronavirus pandemic began, heaping pressure on the government to stimulate the sector.

27 May 04:10 WAtoday 6806590900062470432.html
The “Future Is Bright” for Qatar’s Fintech Firms that can Survive COVID-19 and Partner with Incumbents, According to Financial Services Professional

The "future is bright" for Qatar's Fintechs that can survive COVID-19 & partner w/ incumbents, according to financial services professional.

27 May 04:27 Crowdfund Insider 6834688073010846936.html
Are new car sales about to boom?

According to Robert Gottliebsen, new car sales may be about to boom:

27 May 04:20 MacroBusiness 6890797930348746351.html
Covid-19: China’s industrial firms profits fall in April but at slower pace

Profits at China’s industrial firms in April fell 4.3% year-on-year to 478.1 billion yuan ($67 billion), after plunging 34.9% in March, the statistics bureau said on Wednesday.

27 May 04:02 Hindustan Times 696565557752256177.html
Turkey looks to weather coronavirus crisis without IMF support

Erdogan resists taking assistance despite looming balance of payments crunch

27 May 04:00 Ft 707176888533623052.html
Global energy spending to fall $400bn due to coronavirus crisis

IEA says investments in low-carbon technologies falling far short of climate goals

27 May 04:00 Ft 707176888580857182.html
Riskier European companies draw €32bn from bank credit lines

Matalan, Travelodge and Heathrow airport are among the subinvestment grade companies to tap loan facilities

27 May 04:00 Ft 707176888643389247.html
Coronavirus accelerates shift away from cash

Pandemic encourages more businesses to move to contactless payments

27 May 04:00 Ft 707176888971908604.html
Business will be the loser in the US-China fight

Both nations are indispensable, so companies face a two-track world

27 May 04:00 Ft 707176889682439967.html
Credit risk funds are still relevant, says Mahendra Jajoo, CIO – debt, Mirae Asset

Many investors are having second thoughts about their investments in debt mutual funds. Most advisors are asking investors to stay away from most debt mutual fund categories, expect for overnight and liquid funds.

27 May 04:42 The Economic Times 7653256037290440626.html
Kotak Bank jumps 4% on QIP launch; floor price set at Rs 1,147.75 per share

The bank set the floor price of the issue at Rs 1,147.75 per share, which was at just half a per cent discount to Tuesday's closing price of Rs 1,152.45.

27 May 04:40 The Economic Times 7653256037810584898.html
Sainsbury's massive sale starts today with clothes for £1

Sainsbury's up to 70% off sale launches across stores today with huge savings to be made

27 May 04:00 Liverpool Echo 7727211173883539184.html
GE Is Saying Goodbye To Its 129-Year-Old Light Bulb Business

schwit1 shares a report from CNN: General Electric is saying goodbye to the light bulb. The conglomerate is shedding a struggling business founded by Thomas Edison more than a century ago. After years of failing to find a buyer, GE announced Wednesday it will sell its 129-year-old lighting division ...

27 May 04:50 slashdot.org 7963433142429044987.html
Residential building declines as government considers cash grants for new homes

There was already a decline in the home building industry before the coronavirus pandemic began, heaping pressure on the government to stimulate the sector.

27 May 04:10 The Age 7967730562597208352.html
Walmart teams with ThredUP to sell used clothing online

NEW YORK — Walmart is teaming up with online resale site ThredUP.com to offer nearly 750,000 items of used women’s and children’s clothing and accessories items on its website.

27 May 04:02 680News 8014034334737411332.html
Banks move to avert fresh arrears crisis

The initiative is aimed at avoiding a cliff-edge effect at the end of September

27 May 04:50 The Irish Times 8204772967283427865.html
Walmart is now selling used goods from Nike, Coach, Michael Kors and more as it dives into the $32 billion resale market

Walmart is diving into the $32 billion resale market through a partnership with the second-hand-sales site ThredUp.

27 May 04:01 Business Insider Malaysia 8325046883769222095.html
Global energy investment expected to tumble 20% in 2020 due to COVID crisis: IEA

PARIS (Reuters) - Global energy investment is expected to plunge by around 20% or $400 billion in 2020, its biggest fall on record, because of the new coronavirus outbreak, the International Energy Agency (IEA) said on Wednesday.

27 May 04:24 Reuters 8334514181339995726.html
Players call MLB economic proposal 'extremely disappointing'

A rookie at the major league minimum would make a higher percentage of his salary than multimillionaire stars like Mike Trout or Gerrit Cole under a six-tier, sliding-scale proposal by big league teams that players found “extremely disappointing.” Major League Baseball made the proposal to the players' union on Tuesday…

27 May 04:45 Japan Today 8582716285669751574.html
ATO flags regional office closure

The Australian Taxation Office has begun consultations on plans to shut down its Geelong office.

27 May 04:00 The Canberra Times 8662394329493463598.html
Finnish study proposes a model to predict cryptocurrency defaults

University of Vaasa researchers propose a model that is capable of explaining 87 percent of cryptocurrency bankruptcies after only one month of trading. It could potentially serve as a screening tool for investors keen to boost overall performance of cryptocurrency investment portfolios by avoiding investing in unreliable cryptocurrencies.

27 May 04:00 EurekAlert! 8889232468737077716.html
Nissan and Renault unveil steps to cut costs and revamp alliance

Renault SA and Japanese partners Nissan Motor Co. and Mitsubishi Motors Corp. on Wednesday unveiled steps to standardize platforms further and push for mor

27 May 12:13 The Japan Times 6673764367335510887.html
Jewellery, textile showrooms seek permission to open

TIRUCHI Faced with heavy losses due to the lockdown, owners of major textile showrooms, jewellers, utensil shops and other big commercial establishments have urged the district authorities to allow th

27 May 12:28 The Hindu 6679535024959078733.html
Man Utd take out bumper £140m loan that could be used to fund transfer spree

United are still hopeful of landing some of their expensive transfer targets despite executive vice-chairman Ed Woodward admitted it would not be "business as usual" for the club this summer

27 May 12:59 mirror 675785261300178653.html
BitGo Launches New Offering Institutional Trading Service Through New Entity BitGo Prime

Digital asset custody provider BitGo announced on Wednesday it is now offering institutional trading services through its new entity, BitGo Prime. BitGo claims

27 May 12:01 Crowdfund Insider 6834688072334018024.html
Israeli startup D-ID Raises $13.5 Million as Part of Series A

D-ID, an Israeli tech startup, has raised over $13.5 million in a Series A funding round that reportedly closed last month. The funding was led by AXA Venture P

27 May 12:46 Crowdfund Insider 6834688072996479407.html
Digital Asset Derivatives Trading Platform, Delta Exchange, Acquires Strategic Investment from New York’s CoinFund

Delta Exchange, an established cryptocurrency derivatives exchange that maintains offices in Singapore, has received funding from New York-headquartered blockch

27 May 12:09 Crowdfund Insider 6834688073511723991.html
Over £27 Billion Provided by CBILS, CLBILS and Bounce Back Loans

Each week, HM Treasury publishes updates on approved lending under three COVID-19 related support schemes. This week HM Treasury said £12.47 billion has been a

27 May 12:03 Crowdfund Insider 6834688073848256218.html
The world’s most overweighted and underweighted stocks by active fund managers

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

27 May 12:20 The Globe and Mail 68426409655497365.html
Is Airbnb’s slump a golden opportunity for rental?

In a post-pandemic world, will tenants once again find themselves on the firing line, facing eviction or enticements to vacate?

27 May 12:00 The Globe and Mail 68426410836373421.html
Buyers coming off the sidelines in Toronto housing market

Advice for those thinking about rejoining the fray: ‘Get out as soon as you can’

27 May 12:00 The Globe and Mail 68426410959893898.html
Bank of Montreal profit sinks as more than $1.1-billion earmarked to cover potential loan losses

Profit for the three months ended April 30 was $689-million, or $1 per share, compared with $1.5-billion, or $2.26 per share, a year earlier

27 May 12:01 The Globe and Mail 68426411013803367.html
Wednesday’s small-cap stocks to watch

Our roundup of Canadian small-caps of between $100-million and $2.5-billion in market capitalization making news and on the move today.

27 May 12:30 The Globe and Mail 68426411117208327.html
Swiss National Bank Acquires 2,400 Shares of BWX Technologies Inc (NYSE:BWXT)

Swiss National Bank lifted its holdings in BWX Technologies Inc (NYSE:BWXT) by 1.3% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 184,700 shares of the technology company’s stock after purchasing an additional 2,400 shares during the period. Swiss National Bank’s holdings in BWX Technologies were […]

27 May 12:42 Markets Daily 6922190226865343865.html
First Allied Advisory Services Inc. Decreases Stock Position in AES Corp (NYSE:AES)

First Allied Advisory Services Inc. lessened its position in AES Corp (NYSE:AES) by 58.6% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 15,587 shares of the utilities provider’s stock after selling 22,035 shares during the quarter. First Allied Advisory […]

27 May 12:06 Markets Daily 6922190226904799295.html
Cambridge Investment Research Advisors Inc. Raises Stake in CenterPoint Energy, Inc. (NYSE:CNP)

Cambridge Investment Research Advisors Inc. lifted its stake in CenterPoint Energy, Inc. (NYSE:CNP) by 65.3% during the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 90,480 shares of the utilities provider’s stock after buying an additional 35,740 shares during the quarter. Cambridge Investment Research Advisors Inc.’s holdings in […]

27 May 12:06 Markets Daily 6922190226924552431.html
AMN Healthcare Services, Inc. (NYSE:AMN) Shares Acquired by Zurcher Kantonalbank Zurich Cantonalbank

Zurcher Kantonalbank Zurich Cantonalbank lifted its position in shares of AMN Healthcare Services, Inc. (NYSE:AMN) by 38.0% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 4,401 shares of the company’s stock after buying an additional 1,213 shares during the period. Zurcher Kantonalbank Zurich […]

27 May 12:42 Markets Daily 6922190227028451009.html
Donaldson Company, Inc. (NYSE:DCI) Shares Purchased by Swiss National Bank

Swiss National Bank increased its position in Donaldson Company, Inc. (NYSE:DCI) by 0.2% in the first quarter, according to its most recent 13F filing with the SEC. The firm owned 244,700 shares of the industrial products company’s stock after purchasing an additional 600 shares during the period. Swiss National Bank owned about 0.19% of Donaldson […]

27 May 12:10 Markets Daily 6922190227392743203.html
Microsoft Co. (NASDAQ:MSFT) is Providence Wealth Advisors LLC’s 2nd Largest Position

Providence Wealth Advisors LLC lessened its position in shares of Microsoft Co. (NASDAQ:MSFT) by 0.5% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 24,915 shares of the software giant’s stock after selling 136 shares during the quarter. Microsoft comprises 4.7% of […]

27 May 12:06 Markets Daily 6922190227579015413.html
Aigen Investment Management LP Purchases Shares of 15,169 NCR Co. (NYSE:NCR)

Aigen Investment Management LP purchased a new stake in shares of NCR Co. (NYSE:NCR) in the 1st quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 15,169 shares of the information technology services provider’s stock, valued at approximately $268,000. A number of other institutional investors have also made […]

27 May 12:16 Markets Daily 6922190227658962784.html
Swiss National Bank Increases Position in Polaris Industries Inc. (NYSE:PII)

Swiss National Bank lifted its holdings in Polaris Industries Inc. (NYSE:PII) by 23.2% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 225,549 shares of the company’s stock after purchasing an additional 42,400 shares during the quarter. Swiss National Bank owned about 0.37% […]

27 May 12:10 Markets Daily 6922190227671655407.html
ETRADE Capital Management LLC Sells 5,276 Shares of Juniper Networks, Inc. (NYSE:JNPR)

ETRADE Capital Management LLC reduced its stake in shares of Juniper Networks, Inc. (NYSE:JNPR) by 24.5% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 16,284 shares of the network equipment provider’s stock after selling 5,276 shares during the period. ETRADE Capital Management LLC’s holdings […]

27 May 12:10 Markets Daily 6922190228150217774.html
ETRADE Capital Management LLC Acquires 12,515 Shares of ON Semiconductor Corp (NASDAQ:ON)

ETRADE Capital Management LLC lifted its position in ON Semiconductor Corp (NASDAQ:ON) by 109.4% in the first quarter, HoldingsChannel.com reports. The firm owned 23,957 shares of the semiconductor company’s stock after acquiring an additional 12,515 shares during the period. ETRADE Capital Management LLC’s holdings in ON Semiconductor were worth $298,000 as of its most recent […]

27 May 12:10 Markets Daily 6922190228391261351.html
Swiss National Bank Buys 348,300 Shares of Noble Energy, Inc. (NYSE:NBL)

Swiss National Bank increased its stake in Noble Energy, Inc. (NYSE:NBL) by 23.1% during the first quarter, HoldingsChannel reports. The firm owned 1,856,312 shares of the oil and gas development company’s stock after acquiring an additional 348,300 shares during the period. Swiss National Bank’s holdings in Noble Energy were worth $11,212,000 as of its most […]

27 May 12:06 Markets Daily 6922190228482082093.html
Zurcher Kantonalbank Zurich Cantonalbank Purchases 1,434 Shares of Brighthouse Financial Inc (NASDAQ:BHF)

Zurcher Kantonalbank Zurich Cantonalbank lifted its position in Brighthouse Financial Inc (NASDAQ:BHF) by 18.1% during the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 9,348 shares of the company’s stock after purchasing an additional 1,434 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank’s holdings in Brighthouse Financial were worth […]

27 May 12:06 Markets Daily 6922190228520664209.html
Papp L Roy & Associates Cuts Stake in Microsoft Co. (NASDAQ:MSFT)

Papp L Roy & Associates lowered its holdings in shares of Microsoft Co. (NASDAQ:MSFT) by 3.0% during the first quarter, Holdings Channel reports. The firm owned 192,115 shares of the software giant’s stock after selling 5,972 shares during the period. Microsoft accounts for about 5.5% of Papp L Roy & Associates’ portfolio, making the stock […]

27 May 12:06 Markets Daily 6922190228669135046.html
First Allied Advisory Services Inc. Makes New Investment in Pinterest (NYSE:PINS)

First Allied Advisory Services Inc. purchased a new position in shares of Pinterest (NYSE:PINS) in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 15,740 shares of the company’s stock, valued at approximately $243,000. A number of other institutional investors have also recently added to […]

27 May 12:06 Markets Daily 6922190228710291990.html
Navient Corp (NASDAQ:NAVI) Shares Sold by Aigen Investment Management LP

Aigen Investment Management LP trimmed its position in Navient Corp (NASDAQ:NAVI) by 57.3% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 28,722 shares of the credit services provider’s stock after selling 38,583 shares during the quarter. Aigen Investment Management LP’s holdings in Navient […]

27 May 12:16 Markets Daily 6922190228858317630.html
M&G buys adviser platform from Royal London

Acquisition of £14bn-in-assets business will help newly listed asset manager push further into retail market

27 May 12:02 Ft 707176889190287875.html
UK tells EU: break the Brexit 'impasse' so we can do trade deal

Britain told the European Union on Wednesday it needed to break a fundamental impasse to clinch a Brexit trade deal by the end of the year and said an agreement on fisheries might not be ready by July. The United Kingdom left the EU on Jan. 31 but the main terms of its membership remain in place during

27 May 12:26 Yahoo 7097669637934395157.html
France promises €8bn to bail out struggling car industry

French carmakers have seen a 90% drop off in sales since the beginning of the coronavirus pandemic.

27 May 12:32 euronews 7318238121969865764.html
EU bailout package 'would be a game-changer' for Europe, analyst says

Guntram Wolff has told Euronews that if EU leaders can agree on a one-trillion bailout package for member states it would strengthen the bloc.

27 May 12:50 euronews 7318238122116864183.html
Every McDonald's drive-thru in Black Country and Staffordshire to be open next week

The chain said it closed some drive-thru lanes last week after soaring demand impacted local communities or staff and customer safety.

27 May 12:35 Express & Star 7324224458906075201.html
‘Planning continues’ for 2020 T20 World Cup

The event is scheduled to take place in Australia from October 18 to November 15.

27 May 12:36 Express & Star 7324224460701787658.html
Adani Ports & SEZ raises Rs 500 crore through allotment of NCDs

It allotted 5,000 non-convertible debentures (NCDs) of the face value of Rs 10 lakh each.

27 May 12:44 The Economic Times 7653256036483683154.html
SBI gives covid relief, extends loan EMI moratorium; starts notifying borrowers via SMS

According to the PSU lender's press release, it has "proactively reached out to all of its eligible loan customers to obtain their consent to stop their Standing Instructions (SIs) / NACH mandate for the EMIs falling due in June, July and August 2020."

27 May 12:23 The Economic Times 7653256036571261341.html
Rally in bank stocks purely a function of F&O expiry: Sana Securities

‘It seems to be some kind of herd mentality and that could be one reason for todays move

27 May 12:40 The Economic Times 7653256037580357281.html
India, Africa favour new dimensions to multifaceted partnership in post-Covid world order

“We have common interests on international issues; UN reforms, counter terrorism, peace keeping, cyber security and energy security,” Rahul Chhabra, Indias High Commissioner to Kenya and Ambassador to Somalia, said as he highlighted multifarious collaboration between India and Africa in handling challenges thrown by the pandemic

27 May 12:57 The Economic Times 7653256038236234410.html
What triggered the 15% rally in bank stocks today?

Nifty Bank, which consists of 10 stocks, saw its best day in about two months.

27 May 12:28 The Economic Times 7653256038523170194.html
Amtrak to cut up to 20 percent of workers as coronavirus crushes ridership

Amtrak plans to slash up to 20 percent of its workforce as the coronavirus pandemic devastates its ridership and revenue, reports say.

27 May 12:01 New York Post 7654946768091117197.html
Bumi Resources Mineral to hold private placement to pay debt

The indebted miner is slated to sell the shares to Singapore-based management consulting firm Wexler Capital Pte.

27 May 12:12 The Jakarta Post 7678601103038063805.html
National airlines need government aid to survive

 National airlines will largely depend on domestic flights to grow because international flights are expected to remain severely restricted until a COVID-19 vaccine is available.

27 May 12:32 The Jakarta Post 7678601104035088694.html
Kilkenny-based Entegro creates 50 jobs from broadband contract

Telecoms company will design fibre optic networks for National Broadband Plan

27 May 12:09 The Irish Times 8204772968308190871.html
European stocks surge on expectation of EU recovery package

US equity futures advance ahead of opening

27 May 12:03 The Irish Times 8204772968331660521.html
The IEA warns global energy investment will fall by $400 billion in 2020, the biggest drop in the sector’s history

Global investment in the energy sector is expected to plunge by almost $400 billion in 2020 compared to last year as the pandemic takes a beating on the energy sector, the International Energy Agency warned on Wednesday.

27 May 12:20 Business Insider Malaysia 8325046882487725574.html
Jamie Dimon says the US economy looks headed for a ‘fairly rapid recovery’ from the coronavirus pandemic

The US economy could see a swift recovery in the third quarter of the year according to JPMorgan CEO Jamie Dimon.

27 May 12:41 Business Insider Malaysia 8325046882863125213.html
Airbus just opened its A220 factory in Alabama that was originally intended to help avoid US tariffs on the plane, and JetBlue will be the first customer

Airbus has established yet another foothold in the US with the completion of a new production plant for the Airbus A220 in Mobile, Alabama.

27 May 12:54 Business Insider Malaysia 8325046883887050172.html
Factbox: Renault and Nissan's plan to rebuild their alliance

TOKYO (Reuters) - The automaking alliance of Renault SA (RENA.PA), Nissan Motor Co (7201.T) and Mitsubishi Motors Corp (7211.T) outlined a new strategy on Wednesday whereby the strongest partner takes the lead in areas such as new technologies and parts procurement.

27 May 12:50 Reuters 8334514180936186332.html
Motorsport UK aims to get back on track from July 4

LONDON (Reuters) - The governing body for motorsport in Britain aims to resume racing activities without spectators from July 4, it said on Wednesday.

27 May 12:14 Reuters 8334514181308121887.html
Not a scam: Watch for stimulus debit cards in the mail

The Treasury Department has mailed nearly 4 million economic impact payments to Americans via a prepaid debit card.

27 May 12:53 Fox 4 8372747777601242148.html
Analysts: On-chain Data shows Ethereum is “Undervalued”

Ethereum’s having an envious year. The blockchain for all blockchains is seeing advancements in DeFi, institutional investments, and even government interest. With such massive potential, analysts say the protocol is vastly undervalued – especially if on-chain data is considered. 

27 May 12:00 BTC Manager 8549607151986367640.html
Amazon and other stay-at-home stocks are starting to stall. They may hold the key to the market, strategist says.

While value and small caps are starting to recover, the stay-at-home stocks are starting to lose steam. One strategist is concerned.

27 May 12:58 MarketWatch 8975941548579729247.html
FSMA: Belgians Traded 5 Times More BEL 20 Shares amid COVID-19

According to the Financial Services and Markets Authority (FSMA), a Belgian regulator, investors traded BEL 20 shares up to five times more.

27 May 12:51 Finance Magnates 8992138265784083785.html
Coinbase Buys Tagomi to Boost Institutional Trading

Coinbase, a leading US-based crypto exchange, has officially announced on Wednesday its acquisition of Tagomi, a crypto prime brokerage platform.

27 May 12:38 Finance Magnates 8992138266364480090.html
The inescapable truths investors face now

Covid-19 reality: What the combination of higher savings rates and lower capital investment means for global growth.

27 May 22:11 Moneyweb 1092550946856315332.html
Can you buy shares in a listed company that wants to delist?

And what happens to those shares if the company does delist?

27 May 22:57 Moneyweb 1092550947671505696.html
Pepkor ‘confident’ it will gain market share amid pandemic

As it continues to provide discounted products for babies and children.

27 May 22:03 Moneyweb 1092550947882775805.html
Credai seeks RBI intervention in passing on repo rate cut benefits to NBFCs, HFCs

It has maintained that the real estate industry has not been able to leverage the benefits of repo rate cuts as banks have not passed on the same to the borrowers.

27 May 22:39 The Financial Express 1288289580222686707.html
Elgi Equipments to shut Chinese subsidiary on poor show

These factors prompted the company to wind up its China subsidiary, the company told the stock exchanges, without divulging further details.

27 May 22:24 The Financial Express 1288289580926155220.html
ETF route: Bharat Bond to help CPSEs raise Rs 34,000 crore in FY21

Debt mobilisation via this route might rise to Rs 50,000 crore or higher in FY22

27 May 22:23 The Financial Express 1288289581465524989.html
Regal Cinemas Has No Current Plans to Reopen; AMC May Stave Off Bankruptcy

When is Regal Cinemas reopening? The theater chain has not yet announced a date, leaving some wondering if it will be open for Christopher Nolan's Tenet.

27 May 22:00 /Film 148788831599616083.html
Bath & Body Works Is Closing 50 Locations Nationwide, and Malls Just Won't Be the Same

Bath & Body Works announced it will be closing 50 stores across the country, mostly in malls.

27 May 22:10 POPSUGAR Beauty 1694745613575380340.html
62% believe Modi govt either met or exceeded their expectations: Survey

In the survey, 56 per cent of participants were of the view that Modi govt has not been able to address unemployment situation in the country.

27 May 22:02 Deccan Herald 2027555797449815512.html
WA sends bureaucrat to China on 'Belt and Road' mission after Premier rules out deal with Beijing

The WA government has sent a senior bureaucrat on a mission to China organised by an organisation advising the Victorian government on its Belt and Road Initiative deal with Beijing.

27 May 22:13 Brisbane Times 2314609338523591942.html
Consider Bank of America Stock a Buy If Markets Retest Lows

Oversold BAC stock could rebound in the short term. But long-term upside in the big bank's shares could be a challenge.

27 May 22:21 InvestorPlace 24614509404436297.html
After 83% Rebound, It’s Time to Ditch Chevron Stock

With a sustained dividend minimizing downside, and big upside potential if oil prices rebound, Chevron stock may be a buy at today's prices.

27 May 22:20 InvestorPlace 24614510965700323.html
This is why The Zimbabwe Dollar remains our best foot forward

ZW$ remains our best foot forward-At the rate at the Zimbabwe dollar is losing its intrinsic value, it may just be a matter of time

27 May 22:30 iHarare News 2755902707634401363.html
Wall Street rises with economic hopes; bank stocks jump

NEW YORK, May 28 — US stocks rose yesterday, with the S&P 500 closing above 3,000 for the first time since March 5, as the further easing of lockdowns lifted optimism for an economic recovery. Bank stocks powered the day’s advance, with the S&P 500 financial index leading gains among...

27 May 22:34 Malaymail 302165935030535732.html
Dollar treads water against euro; yuan sinks on US-China tensions

NEW YORK, May 28 — The dollar steadied against the euro yesterday even as the common currency remained supported by news of a proposal for an economic recovery package to help the euro zone region recover from the coronavirus pandemic. The euro was up 0.03 per cent against the dollar at...

27 May 22:52 Malaymail 302165935740321499.html
Stocks rally on EU stimulus plan, euro gains

NEW YORK, May 28 — The euro and equity markets advanced yesterday as enthusiasm for the European Union’s plans for a €750 billion (RM3.5 trillion) recovery fund offset concerns about unrest in Hong Kong over Beijing’s proposed national security laws. US Treasury yields retreated from gains...

27 May 22:48 Malaymail 302165936027962671.html
Dow soars 553 points on mounting optimism around a strong economic recovery

US stocks rose on Wednesday as investors were encouraged by signs that global authorities were taking measures to boost economies. The European ...

27 May 22:09 Business Insider 3364799147684743201.html
Maryland lifts more coronavirus restrictions, will allow outdoor dining

Maryland is set to lift additional statewide coronavirus restrictions, and restaurants will be allowed to begin outdoor dining this weekend, Gov. Larry Hogan (R) announced.

27 May 22:13 TheHill 355432918590142295.html
Tongaat doubles the price of sugar

Sugar producer, Tongaat Hulett Zimbabwe (THZ) has with immediate effect almost doubled the price of sugar.

27 May 22:26 Nehanda Radio 3802011523264215620.html
Bill Ackman dumps investments in Berkshire Hathaway, Blackstone

The billionaire investor said volatility might create better opportunities to deploy capital on higher-returning investments than Warren Buffett's company.

27 May 22:00 Australian Financial Review 3974284486536121488.html
Hundreds of jobs to go as News Corp confirms restructure

News Corp has confirmed sweeping changes to its Australian newspaper portfolio, with hundreds of jobs to go, and a swath of community and regional titles to move to digital only.

27 May 22:58 Australian Financial Review 3974284487653214502.html
Discounts are widening the audience for private jets

The industry is reeling from a lack of business travellers. That means significant discounts for people who otherwise might not consider private aviation.

27 May 22:44 Australian Financial Review 3974284487676628613.html
Why we want to amend National Art Endowment Act —FG

Alhaji Lai Mohammed has said the Federal Government has concluded plans to amend the Act establishing the National Endowment for the Arts

27 May 22:00 Vanguard News 4125100340446350695.html
Filing annual returns: LIRS extends deadline to June 30

Lagos State Internal Revenue Service, LIRS, has extended the deadline for filing of Annual Tax Returns to June 30 due to Coronavirus pandemic

27 May 22:15 Vanguard News 4125100340709643872.html
WTI slips below $32.00 after huge API build joined trade/political tension

WTI fails to carry the pullback from $32.00 while taking a U-turn from $32.50 to currently around $32.30 amid the initial Asian session on Thursday. W

27 May 22:57 FXStreet 4480975638209622363.html
USTR office: Strongly disagrees with US Court of International Trade's decision...

Early Thursday morning in Asia, the US Trade Representative's office (USTR) marked its disagreement with the US Court of International Trade's decisio

27 May 22:28 FXStreet 4480975639297179201.html
Analysis: Pennsylvania’s unemployment trust fund faces insolvency as pandemic continues

Pennsylvania’s unemployment trust fund, the mechanism used alongside the federal CARES Act to provide benefits to unemployed residents amid COVID-19, could face insolvency if the number of claimants remains high into the summer.

27 May 22:00 Washington Examiner 4625792332620987023.html
Exclusive: Venezuela reaches deal with U.N. to buy food, medicine with gold - central bank

By Deisy Buitrago CARACAS (Reuters) - Venezuela has reached a deal with the U.N. Development Programme (UNDP) to destine part of its gold in Bank of England accounts toward the purchase of food and medicine during the coronavirus pandemic, its central bank governor said on Wednesday

27 May 22:40 Firstpost 4760741712022749796.html
Wall St rises with economic hopes; bank stocks jump

By Caroline Valetkevitch (Reuters) - U.S. stocks rose on Wednesday, with the S&P 500 closing above 3,000 for the first time since March 5, as the further easing of lockdowns lifted optimism for an economic recovery

27 May 22:37 Firstpost 4760741713308966433.html
New owners of Torstar face financial, political challenges

TORONTO — With sheer optimism and a considerable amount of uncertainty ahead of them, two Toronto businessmen with strong political ties are betting on returning the languished Torstar Corp.

27 May 22:05 KitchenerToday.com 52741010157279933.html
Surrey to pay TransLink $30M in land, $9M in cash for work on cancelled LRT

Council considered staff report on city’s 2019 annual financial statements during Monday’s “virtual” council meeting

27 May 22:41 North Delta Reporter 5327740412098854114.html
ByteDance has become the world's most valuable startup - Gizchina.com

ByteDance has become the world's most valuable startup. The company is the parent company of the controversial TikTok app

27 May 22:38 Gizchina 5392375275694574001.html
Hershey says mint, gum sales hit as lockdowns restrict social gatherings

Hershey Co said on Wednesday sales of gums and mints have taken a hit as social distancing protocols spurred by the COVID-19 pandemic discouraged ...

27 May 22:05 CNA 5644198862909887574.html
Goldman Sachs on target to meet medium,long-term growth goals: executive

Goldman Sachs Group Inc President and Chief Operating Officer John Waldron said Wednesday that the bank remains on track to achieve its medium ...

27 May 22:25 CNA 5644198863265752858.html
Nokia veteran Sari Baldauf takes over as 5G battle rages

Sari Baldauf took over as chairwoman of telecoms equipment maker Nokia on Wednesday, succeeding Risto Siilasmaa who chaired the Finnish firm for ...

27 May 22:40 CNA 5644198863489780764.html
North American Construction Group: Growth, Value, And Bullish Insiders

ROE is 28% vs. industry median of -1.6%. Revenues up 241% since Q4 2016. EBITDA has a 3-year CAGR of 45% vs. industry median of 7%. P/S is the lowest it's been

27 May 22:04 Seeking Alpha 5725634556108375438.html
The Rally Continues, Now Thanks To Small-Caps (Technically Speaking For 5/27)

The EU and Japan have announced major stimulus programs. While existing home sales have dropped sharply, new home sales are surprisingly resilient. The markets

27 May 22:29 Seeking Alpha 5725634556731803565.html
Fevertree: Compounder For The Long-Term Investor

Fevertree shows outstanding performance compared to its close peers. An outsourced business model leads to high profit margins and returns on capital, and has a

27 May 22:40 Seeking Alpha 5725634557041423864.html
Communications Systems: Needs Sustained Bottom-Line Growth To Move The Share Price

Firm posts negative earnings in the first quarter. Once again this showed that the company is absent any real competitive advantage. No need to push the boundar

27 May 22:47 Seeking Alpha 5725634557079172964.html
Genesis Energy LP: Too Risky For The Current Environment

Even though it shows some rebound after March lows, Genesis Energy LP remains a risky buy in the current environment. The stock shows high volatility and a high

27 May 22:11 Seeking Alpha 5725634557216406899.html
A Selection Of Appealing Nanocaps

We discuss a selection of nanocap companies with operational and valuation attributes which make them appealing to certain types of investors. Three community b

27 May 22:27 Seeking Alpha 5725634557560567718.html
Buy Gladstone Capital For Its 11%+ Yield

GLAD has rebounded strongly off its lows but remains well below its prior highs. With the distribution having been cut already, the new payout looks safe. With

27 May 22:10 Seeking Alpha 5725634558044122344.html
ICAI aims for transparency in Covid-era accounting

India Business News: Will the company be able to continue its operations? Or to paraphrase in accounting terminology — will it be a going concern? In the pre-pandemic era,

27 May 22:30 The Times of India 6060938663120099606.html
Your friend in distress could be an e-fraudster

India Business News: Although economic activity has come to a near standstill due to the lockdown, there is no let-up in online crime. Fraudsters have managed to steal fro

27 May 22:30 The Times of India 6060938663868710380.html
Revenue loss and labour top worries

India Business News: MUMBAI: A week after markets regulator Sebi asked companies to disclose in detail their estimated and expected losses due to the Covid-19 pandemic, di.

27 May 22:30 The Times of India 6060938664804691730.html
Blanket ban on recovery impractical, say bankers

India Business News: Despite the government announcement of Covid-related delinquencies not being treated as a default, it would be impractical to provide a blanket protec

27 May 22:30 The Times of India 6060938664808050699.html
SBI reduces FD rates by 40bps, RBI stops sale of 7.75% bond

India Business News: State Bank of India (SBI) has reduced interest rate on its term deposits of most maturities by 40 basis points (100bps = 1 percentage point). Followin

27 May 22:30 The Times of India 6060938664890734377.html
China to loosen flight restrictions

China will loosen a cap on flights into the country that was imposed to block coronavirus infections from abroad, authorities said Wednesday, after fierce criticism from citizens stranded abroad. ...

27 May 12:09 Punch Newspapers 3524240994267650373.html
Dundee retailer fully opens to the public for the first time in two months with extensive social distancing measures

A limited number of customers, queue marshals, cleaning stations and warnings not to handle products.

27 May 12:20 The Courier 4275302768329510973.html
Vic Education IT manager misused position, directed $14m to own company

Corruption watchdog finds.

27 May 12:44 iTnews 4425008561212690583.html
Gold slips below $1700 mark, over 2-week low

Gold dropped to fresh two-week lows in the last hour, with bears now looking to extend the downward trajectory further below the $1700 mark. A combina

27 May 12:40 FXStreet 4480975638141256094.html
UK's Frost: EU needs to evolve its position to reach an agreement

The EU's mandate in key areas is not likely to produce an agreement, the UK's chief Brexit negotiator David Frost told reporters on Wednesday. Key quo

27 May 12:12 FXStreet 4480975638586388297.html
Singapore risks deflationary pressure – UOB

Economist at UOB Group Barnabas Gan reviewed the latest inflation figures in Singapore. Key Quotes “Singapore’s inflation environment has eased furthe

27 May 12:06 FXStreet 4480975638747381942.html
UK's Frost: EU has a lot on its plate right now

The European Union has a lot on its plate right now and it's important they keep enough focus on Brexit negotiations and do not relegate them, the UK'

27 May 12:54 FXStreet 4480975639383791619.html
GBP/USD refreshes session lows, retreats nearly 100 pips from daily swing high

The GBP/USD pair retreated nearly 100 pips from the daily swing high and refreshed session lows, around mid-1.2100s in the last hour. The emergence of

27 May 12:16 FXStreet 4480975639600509514.html
Stock markets in retreat as China-US tensions return to fore

Asian equities mostly fell Wednesday as profit-taking and worries about deteriorating China-US relations outweighed optimism over the gradual reopening of economies around the world.

27 May 12:00 manilastandard.net 4715274785298966108.html
Corona Relief For Hospitality Industry: Validity Of Approval, Classification Of Hotels Extended Until June-End 

This breather, however, comes with certain riders such as approvals expiring during the lockdown period, among others

27 May 12:14 Swarajya 4977622829421535564.html
'We Can’t Take For Granted That Sport Will Exist At The End Of This'

CEO of the Federation of Irish Sport Mary O'Connor has warned that we can't take for granted that sport will return once restrictions are lifted.

27 May 12:42 PUNDIT ARENA 505417273730089775.html
The IEA warns global energy investment will fall by $400 billion in 2020, the biggest drop in the sector's history, Business Insider - Business Insider Singapore

Business Insider - Before the crisis, the IEA was expecting global energy investment to increase by 2% now it expects a decline of 20% compared to last year.. Read more at businessinsider.sg

27 May 12:20 www.businessinsider.sg 5090408755903294982.html
Jamie Dimon says the US economy looks headed for a 'fairly rapid recovery' from the coronavirus pandemic, Business Insider - Business Insider Singapore

Business Insider - "The government has been pretty responsive, large companies have the wherewithal, hopefully we're keeping the small ones alive," said Dimon.. Read more at businessinsider.sg

27 May 12:41 www.businessinsider.sg 5090408756278694621.html
Airbus just opened its A220 factory in Alabama that was originally intended to help avoid US tariffs on the plane, and JetBlue will be the first customer, Business Insider - Business Insider Singapore

Business Insider - The plant, initially intended to help Airbus and Bombardier avoid a near-300% tariff on the controversial jet, will now build A220s for US airlines.. Read more at businessinsider.sg

27 May 12:54 www.businessinsider.sg 5090408757302619580.html
Two-thirds of businessmen say cyber crime could occur more during Covid-19 than before: Survey

The CrowdStrike Work Security Index has said that there was a 100x increase in Covid-19 themed malicious files between February and March.A total of 4,048 senior decision-makers in India, Australia, F

27 May 12:26 BusinessLine 5283600318562956.html
RIL launches WhatsApp chatbot to answer rights issue queries

Reliance Industries Ltd (RIL), a company controlled by Asia’s richest man Mukesh Ambani, has launched a chatbot to provide answers to shareholders on its ₹53,125-crore rights issue.The chatbot, the fi

27 May 12:43 BusinessLine 5283600578779260.html
While Asian countries reel from Covid-19 economic fallout, Chinese investors buy luxury property from ‘Singapore to Sydney’

While Asian countries reel from Covid-19 economic fallout, Chinese investors buy luxury property from ‘Singapore to Sydney’

27 May 12:30 The Independent 5308065342994655012.html
Funding Cut For Kaikoura Council’s Survival Project

The government has turned off the funding tap for Kaikoura District Council's financial sustainability project.

27 May 12:38 SCOOP 5315658999041939306.html
Whangarei Finance Company In $945K Settlement With Commission

Current and former borrowers of Whangarei-based finance company Profile Finance Limited will receive $945,334 in credits and refunds after Profile Finance signed a settlement agreement with the Commerce Commission.

27 May 12:00 SCOOP 5315658999660986621.html
Exclusive: Volkswagen in final talks to seal biggest M&A deals in China EV sector - sources

Volkswagen AG is in final talks to seal its largest investment deals with Chinese electric vehicle (EV) firms, two sources said, as the German ...

27 May 12:30 CNA 5644198862397460481.html
Volkswagen in final talks to seal biggest M&A deals in China EV sector: Sources

Volkswagen AG is in final talks to seal its largest investment deals with Chinese electric vehicle (EV) firms, two sources said, as the German ...

27 May 12:30 CNA 5644198862942586339.html
Tesla cuts prices by as much as 6per cent in North America to boost demand

BEIJING: Tesla Inc has cut prices of its electric vehicles by as much as 6per cent in North America following a decline in auto demand in the ...

27 May 12:45 CNA 5644198863783458407.html
Enterprise Products Partners - A +9% Yield From A Best In Breed Midstream

Enterprise Products Partners has a massive amount of liquidity, enough to cover 2 years of the company’s distributions. The company is focused on reducing capit

27 May 12:35 Seeking Alpha 5725634556154614927.html
AT&T: Do Not Let The Yield Fool You

While the dividend yield is tempting, be cautious and do not let it fool you. Huge debt load means shareholder returns are limited. I give T a true value of $40

27 May 12:33 Seeking Alpha 5725634556581281012.html
Dunkin' Brands: Strong Brand At A Decent Price

Dunkin' has a strong brand that has allowed the company to grow steadily in the past. There will be uncertainty regarding customer consumption behaviour due to

27 May 12:32 Seeking Alpha 5725634557431002993.html
Ferrari Isn't What It Was

RACE is facing unprecedented issues in its engines and F1 revenue streams. Margins have plateaued with downside catalysts aplenty, but no meaningful upside cata

27 May 12:54 Seeking Alpha 5725634557519263285.html
SIVR Weekly: Up 50% From Its March Low And More Upside To Expect

SIVR has jumped by roughly 50% since its March low, in line with our expectations. Silver’s spec sentiment is shifting positively. But given that spec positioni

27 May 12:45 Seeking Alpha 5725634557567816588.html
LivePerson Stock Is Ready To Go 'Live'

LivePerson has been undervalued due to lower-than-expected growth and lack of profitability. It is beginning to turn the ship around and become profitable and h

27 May 12:39 Seeking Alpha 5725634557900380835.html
Overseas travel inches closer to an arrival date

Australia's international travel ban could be lifted within weeks, with a draft plan for the proposed trans-Tasman bubble just days away from consideration.

27 May 12:14 The New Daily 5848147785828735554.html
Mexican workers in US are sending record money home despite coronavirus-related economic shutdowns

The migrant laborers who staff American meat plants, construction sites and delivery services are working through the pandemic – and sending more funds back home than ever.

27 May 12:22 The Conversation 6012421227185701012.html
Airbus just opened its A220 factory in Alabama that was originally intended to help avoid US tariffs on the plane, and JetBlue will be the first customer

The plant, initially intended to help Airbus and Bombardier avoid a near-300% tariff on the controversial jet, will now build A220s for US airlines.

27 May 12:54 Business Insider 6060062401071377852.html
‘Planning continues’ for 2020 T20 World Cup

The event is scheduled to take place in Australia from October 18 to November 15.

27 May 12:37 Jersey Evening Post 6141642774730007516.html
Postmedia to lay off 40

Postmedia Network Canada Corp. says it will lay off about 40 employees after a number of its unions did not approve a temporary salary reduction to help reduce costs amid the COVID-19 pandemic.

27 May 12:17 Castanet 616068602471505574.html
Boeing Cutting More Than 12,000 US Jobs With Thousands More Planned

Boeing said Wednesday it was eliminating more than 12,000 U.S. jobs, including laying off 6,770 U.S. workers as the largest American planemaker restructures in the face of the coronavirus pandemic. From a report: Boeing also disclosed it plans "several thousand remaining layoffs" in the next few mon...

27 May 12:12 news.slashdot.org 626091441405275436.html
McDonald's, Primark, IKEA and Poundland among major chains making announcements ahead of June 15

Including McDonald's Drive Thru branches and Primark stores

27 May 12:13 PlymouthLive 6373569607407123693.html
Bengaluru's civic woes may worsen as projects held up due to fund, labour crunch

The city’s civic body has said it was looking to complete projects where work has begun and may not be able to start new ones listed in its ₹10,895.84 crore budget for this year

27 May 12:08 Livemint 6614605818559962460.html
Australian LNG Exports to Chinese Market at Crossroads as Trade Tensions Intensify

A healthy bilateral relationship will be important to Australian liquefied natural gas (LNG) exports to China, which will be the only meaningful market in the coming...

27 May 12:17 Sputniknews 967333869548225057.html
John Lewis unveils plans to reopen department stores from June 15

It is part of a phased reopening - but some stores are expected to remain shut.

27 May 12:58 Metro 970161747090536394.html
When are department stores reopening and will you be able to try on clothes?

Retailers are poised to open their doors again.

27 May 12:45 Metro 970161747743279730.html
Coronavirus Lockdown XVII: The economics behind India's Rs 21 lakh crore package

The package is completely aligned to self-professed agenda of the IMF of limiting fiscal spending, relying on liquidity and credit to households, privatising government-run companies and more deregulations for private enterprises. This agenda has brought immense grief to a large number of countries to be comforting

27 May 13:45 Business Today 1145527431595316784.html
Despite rate cuts, your EMIs may still not fall as much

Banks have in-built mechanism to include the cost of default in the interest rate that it charges from the borrowers as way of credit risk premium, which can be increased or decreased by the bank

27 May 13:07 Business Today 1145527431616111564.html
Rising global crude price raises India's basket 93% to $33

The price of Indian basket, which went down to $16.92 a barrel on April 27, surged by 93 per cent since then to $32.63

27 May 13:30 Business Today 1145527431892328358.html
Shashank Manohar declines extension, BCCI says an Indian could contest for ICC chairman post - Cricket news

Shashank Manohar has declared he will not seek another term as the chairman of the International Cricket Council (ICC) and also declined an offer of an extension.

27 May 13:33 Mumbai Mirror 1209961193002178265.html
Shaw launches ‘Fibre+ Gig’ internet plan for residential customers in Western Canada

Shaw Communications has launched ‘Fibre+ Gig’ for residential internet customers in Western Canada, which offers customers gigabit download speeds.

27 May 13:42 mobilesyrup 1267416331226653455.html
A.O. Smith partners with FoxyMoron to enhance digital presence

The agency will be responsible for building the brand's social presence and increasing market penetration and consumer engagement

27 May 13:25 The Financial Express 1288289579641013508.html
Coronavirus aftermath: Airlines to reel under massive debts; will weigh down recovery

With airlines across the globe remaining shut in the wake of coronavirus lockdown, the debt mount up will weigh heavily on carriers and may even hamper recovery.

27 May 13:47 The Financial Express 1288289579967809975.html
Locust attack may benefit these stocks as agrochemicals usage shoots up; check target prices

Large swarms of locusts were seen across the states of Rajasthan, Madhya Pradesh, and parts of Maharashtra in the past few days, prompting fear of how bad the agriculture could be hit by such pest attacks.

27 May 13:38 The Financial Express 1288289580032839800.html
Bankruptcy resolution: In IBC, liquidation an overwhelming outcome rather than revival

Of the total 3,774 cases admitted into CIRPs till the end of March 2020, 914 ended into liquidation, which is 24% of the total cases admitted.

27 May 13:54 The Financial Express 1288289581300404661.html
JP Morgan's Kalpana Morparia set to retire; Leo Puri to take over the reins

Takes charge in the first quarter of Calendar 2021; Murali Maiya to be new CEO

27 May 13:08 Business-Standard 1502508925184604455.html
Sebi unlikely to give result disclosure waiver to India Inc for Q1FY21

CII, FICCI have asked for exemption from disclosing June quarter results; Sebi says yet to take view

27 May 13:13 Business-Standard 1502508925964031146.html
Japan approves fresh $1.1 trn stimulus to combat Covid-19 economic fallout

The latest package includes 33 trillion yen in direct spending, the Ministry of Finance (MOF) said.

27 May 13:16 Business-Standard 1502508926055103936.html
Sun Pharma Q4 profit declines 37% to Rs 399 cr on one-time exceptional loss

The company had posted a net profit of Rs 635.88 crore in the same period previous fiscal, Sun Pharma said in a BSE filing

27 May 13:09 Business-Standard 1502508926139712526.html
Donations by companies to PM-CARES Fund notified as CSR, says govt

Finance Minister Nirmala Sitharaman had tweeted on March 29 that CSR Funds can now donate to PM CARES Fund

27 May 13:35 Business-Standard 1502508926231590089.html
Banks would need additional capital buffer of $20 bn, says Credit Suisse

Slippage of 20% on loans under moratorium to weigh on capital ratios

27 May 13:50 Business-Standard 1502508926324748449.html
Government issues fresh rules for inter-State travel

14-day quarantine mandatory for all travellers including Defence, Railway, ISRO and medical professionals In Mysuru, six hotels with 266 rooms reserved for facility quarantine; free accommodation at Morarji School Bengaluru/Mysuru: The Karnataka Government has tightened restrictions to those who are coming from high-risk States. At the same time, it has decided to allow commercial activities...

27 May 13:15 Star of Mysore 1698039376798656856.html
European Stimulus Plan Gives Markets More Momentum

Rising tensions with China did not dull the effects of a new fiscal stimulus proposal in Europe on markets, which

27 May 13:57 Courthouse News Service 1799505150044051345.html
Thai parliament urged to pass record $60-billion virus stimulus bill

'To get the country back on track...we urgently need the budget of 1.9 trillion baht,' says Thai Prime Minister Prayut Chan-o-cha

27 May 13:15 Rappler 1882105642898999295.html
China to loosen flight restrictions after outcry from stranded citizens

Starting June 2020, the number of permitted flights in China will nearly triple to 407 per week

27 May 13:45 Rappler 1882105643232876550.html
Air France to cut 40% of domestic flights after bailout

Air France pledges to halve its carbon emissions from domestic flights by 2024 as part of the conditions for receiving state aid

27 May 13:30 Rappler 1882105643869094599.html
COVID-19 rent aid for businesses, landlords to cost $520 million, PBO says

Parliament's spending watchdog estimates a federal program aimed at giving small businesses a break on their rent could cost the public purse $520 million this fiscal year.

27 May 13:35 CP24 1887544295479030758.html
The Chinese Communist Party puts on a brave face

The National People’s Congress (NPC) of China meets every year at the end of  March. The NPC is the highest legislative and representative body of China and it has the power to make and implement

27 May 13:52 Deccan Herald 2027555797185045066.html
Dubai government offices to resume work with 100 per cent employees from June 14

From Sunday, May 31, government offices will start work with 50% staff

27 May 13:07 Gulf News 2086521545168885677.html
Renault and Nissan rule out merger as they unveil survival plan

Companies to cooperate more closely on car production to save costs

27 May 13:22 Gulf News 2086521545209962382.html
Air France to cut 40% of domestic flights after bailout

French government has made any bailout contingent on profitability improvements

27 May 13:15 Gulf News 2086521545629263179.html
2 Reasons Target Will Be a Post-Coronavirus Winner

Target’s earnings suffered in the past quarter, but two points in the report are reasons to smile.

27 May 13:22 The Motley Fool 2231313659211943490.html
Another economic crisis and the cupboard appears bare

We need a new accord with government, unions and industry around a new set of reforms to build a sustainable recovery.

27 May 13:08 Brisbane Times 2314609339566780148.html
It’s Time to Sell Wildly Unprofitable United Airlines Stock

Warren Buffett didn't sell UAL stock just because he is scared. United Airlines faces a long road to recovery, and it isn't worth a buy here.

27 May 13:27 InvestorPlace 24614510194654275.html
Aurora Stock Is a Contentious Contrarian Cannabis Play

Brace yourself, because there will continue to be outsized daily price moves in Aurora stock. But there's potential for long-term gains.

27 May 13:15 InvestorPlace 24614510291442652.html
Quick Profits from the Push out of Tech

We have a chance to open a new position in one of our favorite stocks: Microsoft (NASDAQ:MSFT).

27 May 13:35 InvestorPlace 24614510292430134.html
Expect Canopy Growth Stock to Pass Its Big Earnings Test

CGC stock has rallied from March lows along with other cannabis stocks. As the sector shows signs of life, Canopy earnings need to be solid.

27 May 13:33 InvestorPlace 24614510882644935.html
Big Hit Entertainment prepares to go public this year

Big Hit Entertainment's new headquartersBig Hit Entertainment is allegedly submitted a pre-initial public offering consultation to Korea Exchange on M…

27 May 13:48 allkpop 3249686061607415320.html
EU plans a record-breaking $826 billion stimulus package to soothe Europe's economic pain from the coronavirus

The European Commission on Wednesday proposed a €750 billion (about $826 billion) stimulus package to help the European Union recover from ...

27 May 13:06 Business Insider 3364799146874230723.html
Rare penny struck in Northern Ireland breaks auction records

The 17th century coin from Carrickfergus sold for £6,200.

27 May 13:20 Shropshire Star 3480199991523515828.html
Tesla (NASDAQ: TSLA) Shares Have a Further Upside Bullish Potential of 64 Percent to $1,350, According to Wedbush Securities

Tesla has received another bullish endorsement with the Wedbush Securities analyst Dan Ives raising the company's stock price target by 33%

27 May 13:00 Wccftech 3677959677707488654.html
EML Payments leads the insider selling

Insider selling at a tech darling and two miners might give mere mortal shareholders some food for thought this week.

27 May 13:29 Australian Financial Review 3974284486785425790.html
World’s top companies, including Apple, borrowed $1 trillion in just five months

Borrowing a trillion dollars has rarely been cheaper for the world's biggest companies, and the likes of Oracle, Apple, and Boeing are taking advantage.

27 May 13:43 Hard Fork | The Next Web 3990801510638603709.html
Bitcoin’s Move Past $9,000 Leaves Wake of Destruction; Liquidates $20m in Shorts

Bitcoin saw a sharp overnight rise that came about after a prolonged period of rangebound trading at its key support level of $8,800.

27 May 20:00 Bitcoinist.com 1696346937727007948.html
India may need to pump Rs 1.5 L crores into coronavirus-hit state banks

India may need to inject up to Rs. 1.5 lakh crore ($19.81 billion) into its state-owned lenders as their pile of soured assets is expected to double during the coronavirus pandemic, three government

27 May 20:59 Deccan Herald 2027555796339920902.html
India may need to pump $20 bln into coronavirus-hit state banks: Sources

India may need to inject up to 1.5 trillion rupees ($19.81 billion) into its state-owned lenders as their pile of soured assets is expected to double during the coronavirus pandemic, three government

27 May 20:59 Deccan Herald 2027555797021336278.html
India may need to pump Rs 1.5 lakh crore into coronavirus-hit state banks

India may need to inject up to Rs 1.5 lakh crore ($19.81 billion) into its state-owned lenders as their pile of soured assets is expected to double during the coronavirus pandemic, three government

27 May 20:59 Deccan Herald 2027555798015173088.html
Why Many Cloud Computing Stocks Crashed Today

The stocks behind popular cloud-based business services such as Okta, Datadog, and Twilio fell sharply on Wednesday.

27 May 20:38 The Motley Fool 2231313657859843251.html
5 Top Stock Trades for Thursday: TWTR, ZM, TSCO, COST, JWN

Costco Wholesale, Twitter, Nordstrom, Tractor Supply and Zoom Video were our top stock trades on Wednesday. So, let's look at the charts.

27 May 20:49 InvestorPlace 24614509294231993.html
HP Earnings: HPQ Stock Falls 4% on Weak Q3 Guidance

HP (HPQ) earnings for the tech company's fiscal second quarter of 2020 have HPQ stock falling after-hours Wednesday despite an EPS beat.

27 May 20:25 InvestorPlace 24614509650690463.html
Dow Up More Than 500 Points on Economic Confidence

Shares of retailers like Macy's, Kohl's, and the Gap rose sharply as investors cheered evidence that the economy is recovering. | Economy

27 May 20:34 Breitbart 3148363490787954914.html
Coronavirus tourism lockdowns hit Hawaii’s vacation rental industry hard in April | Honolulu Star-Advertiser

Vacation rental accommodations, even the legal ones, were economically decimated in April amid COVID-19 fears and tourism lockdowns.

27 May 20:40 Star-Advertiser 3439335389263406427.html
Fed: Sharp economic decline in May leaves businesses 'pessimistic' about recovery

Economic activity “sharply” declined across the U.S.

27 May 20:37 TheHill 355432919594993734.html
Investors pile into stocks that win in a full economic recovery

Signs are multiplying in the stock market that investors see the recovery from the coronavirus taking hold.

27 May 20:17 BNN 3833521688305261242.html
SAA business rescue practitioners get leave to appeal lay-offs

'If there is no funding, we believe that the best option is a structured wind down, which is a better option than liquidation,' the BRPs said.

27 May 20:21 The Citizen 410802301356148258.html
Lagos BRT operators to roll out more buses – Transport Commissioner

Dr Frederic Oladeinde, Lagos State Commissioner for Transportation, says more Bus Rapid Transit (BRT) will soon be rolled out to address

27 May 20:03 Vanguard News 4125100338725695674.html
LASG to deliver Agege flyover September, gives assurance on 4th Mainland Bridge

 The Lagos State Government on Wednesday promised to deliver the Agege flyover bridge in September to tackle gridlock on the axis.

27 May 20:12 Vanguard News 4125100339866167025.html
Forex Today: sentiment tosses and turns

What you need to know on Thursday, May 28th: Speculative interest remained sensible to sentiment-related headlines, trading in consequence. The main r

27 May 20:13 FXStreet 4480975638749155123.html
Huawei disappointed by a Canadian court ruling against CFO meng Wanzhou’s bid to avoid extradition

Following a Canadian court ruling that the case of senior Huawei executive Meng Wanzhou, who is fighting extradition to the United States, can go forw

27 May 20:12 FXStreet 4480975639081111767.html
Money laundering case: DHFL promoters Wadhawans sent to jail

Kapoor is currently in the ED's custody. The Wadhawans are also being probed by the CBI in connection withthe same case.

27 May 20:06 The New Indian Express 4718288654790308272.html
Lime says Calgarians use their scooters more than anywhere else in the world

After arriving in the downtown core last weekend for the second year, with each being used an average of seven times a day – which is more than triple the global average and double the next closest city.

27 May 20:58 Calgary 4726856559632288511.html
BlackRock votes to split CEO, chairman roles at Exxon Mobil

HOUSTON (Reuters) - Top fund manager BlackRock Inc on Wednesday said it cast an advisory vote in favor of an independent chairman at Exxon Mobil Corp and cast votes against the reelection of two directors over the company's approach to climate risks.

27 May 20:36 Firstpost 4760741712282690972.html
Bihar Paid Rs 1 Crore To Bring Back Stranded Students From Kota: Sushil Modi

Bihar Deputy Chief Minister Sushil Kumar Modi on Wednesday said that the state government had paid Rs 1 crore for arranging 17 trains for the return of students belonging to state who were stranded in Kota.

27 May 20:13 NDTV.com 5090057681120173188.html
Dow soars 553 points on mounting optimism around a strong economic recovery, Business Insider - Business Insider Singapore

Business Insider - Stocks got a boost in midday trading when chipmaker Micron issued a quarterly sales forecast that beat estimates.. Read more at businessinsider.sg

27 May 20:06 www.businessinsider.sg 5090408755499899820.html
A car-rental company previously owned by Hertz just filed for bankruptcy for the third time since 2008, Business Insider - Business Insider Singapore

Business Insider - The intertwined stories of Hertz and Advantage reveal how dozens of financial and strategic blunders sank both firms into massive debt.. Read more at businessinsider.sg

27 May 20:36 www.businessinsider.sg 5090408755502572234.html
Unemployment will be higher in the US than in other advanced economies through 2021, Goldman says, Business Insider - Business Insider Singapore

Business Insider - A lack of stricter job-preservation policies and expanded unemployment benefits will prolong the US's labor-market recovery, Goldman economists said.. Read more at businessinsider.sg

27 May 20:00 www.businessinsider.sg 5090408755704283306.html
Economists expect another 2.1 million Americans filed for unemployment insurance last week, Business Insider - Business Insider Singapore

Business Insider - The falling rate of weekly claims suggest the US is "well beyond the peak of inflows into unemployment," said Deutsche Bank economist Justin Weidner.. Read more at businessinsider.sg

27 May 20:23 www.businessinsider.sg 5090408755807672881.html
Singapore warns of worst economic contraction since independence

Singapore warns of worst economic contraction since independence

27 May 20:00 The Independent 5308065342117845408.html
CMHC sees declines in home prices, sales, starts that will linger to end of 2022

CMHC said average housing prices could fall anywhere from nine to 18 per cent in its forecast

27 May 20:30 North Delta Reporter 5327740410806194573.html
Wall Street set for higher open as recovery hopes outweigh Sino-UStensions

Wall Street's major indexes were set for another session of gains on Wednesday as a revival in business activity drove hopes of an economic ...

27 May 20:11 CNA 5644198862292299308.html
Online sales surge helps Ralph Lauren recover in China

Ralph Lauren Corp reported a 15.4per cent fall in quarterly revenue on Wednesday after its outlets and department stores across the world were ...

27 May 20:21 CNA 5644198862346079537.html
Trump threatens to regulate or shut down social media companies

WASHINGTON: United States President Donald Trump on Wednesday (May 27) threatened to regulate or shut down social media companies, one day after ...

27 May 20:15 CNA 5644198862598590699.html
Renault and Nissan rule out merger as they unveil survival plan

Renault , Nissan Motor Co and Mitsubishi Motors Corp ruled out a merger on Wednesday and doubled down on a plan to cooperate more closely on car ...

27 May 20:55 CNA 5644198862782149700.html
Tech selloff weighs on S&P 500, Nasdaq

Wall Street's major indexes were set for another session of gains on Wednesday as a revival in business activity drove hopes of an economic ...

27 May 20:11 CNA 5644198863388023940.html
Wall Street gains amid economic hopes; tech shares decline

The S&P 500 edged higher in choppy trading on Wednesday as optimism over a pick up in business activity helped offset worries over simmering ...

27 May 20:11 CNA 5644198863446229616.html
S&P 500 rises on boost from bank shares

The S&P 500 edged higher in choppy trading on Wednesday as optimism over a pick up in business activity helped offset worries over simmering ...

27 May 20:11 CNA 5644198863799660855.html
Motorsport UK aims to get back on track from July 4

LONDON: The governing body for motorsport in Britain aims to resume racing activities without spectators from July 4, it said on Wednesday. ...

27 May 20:15 CNA 5644198864083690834.html
Wall Street gains with economic hopes; bank stocks jump

The S&P 500 edged higher in choppy trading on Wednesday as optimism over a pick up in business activity helped offset worries over simmering ...

27 May 20:11 CNA 5644198864117017145.html
Zillow: The Stock Is A Zell

Zillow has built a tremendous following for its residential real estate website. But the business has only just moved into the black and has limited further ups

27 May 20:08 Seeking Alpha 5725634556000536480.html
Apple Looking For Growth Return

Analysts see green again in December 2020 quarter. October iPhone launch may change the narrative. Another trade war could pressure shares.

27 May 20:59 Seeking Alpha 5725634556307658460.html
Target - On Target, Fairly Valued

Target is enjoying real momentum in sales, driven by digital and essential categories. The store base and specific headwinds in certain categories, including th

27 May 20:19 Seeking Alpha 5725634556529379125.html
Walgreens Boots Alliance: The Case For Buying In At Near 5-Year Lows

Walgreens Boots Alliance is the largest retail pharmacy, health and daily living destination across the United States and Europe, employing 440k staff globally

27 May 20:56 Seeking Alpha 5725634556917177965.html
Dorian LPG Ltd. (LPG) CEO John Hadjipateras on Q4 2020 Results - Earnings Call Transcript

Dorian LPG Ltd. (NYSE:LPG) Q4 2020 Earnings Conference Call May 27, 2020 10:00 AM ET Company Participants Ted Young - Chief Financial Officer John Hadjipateras

27 May 20:30 Seeking Alpha 5725634557295005930.html
HEICO Corporation (HEI) CEO Laurans Mendelson on Q2 2020 Results - Earnings Call Transcript

HEICO Corporation (NYSE:HEI) Q2 2020 Earnings Conference Call May 27, 2020 9:00 AM ET Company Participants Laurans Mendelson - Chairman & Chief Executive Of

27 May 20:53 Seeking Alpha 5725634557902370754.html
Nikola Motor: Investing In The Truck Of The Future

Nikola Motor will compete with the biggest names in trucking, but it won't make a dent to market share until 2024. A very strong product line-up means it can co

27 May 20:31 Seeking Alpha 5725634557985934982.html
Box beats Q1 estimates as enterprises look for secure remote work solutions | ZDNet

While the company expects enterprise customers to continue increasing their adoption of Box services, it does anticipate some softness from small business customers.

27 May 20:34 ZDNet 591556592623647551.html
Crude oil at biggest discount in over a decade; this is where Indian Oil is still buying oil from

Gulf producers such as Iraq and Saudi Arabia -- which together supplied around 40% of India’s oil imports last year -- have been offering cargoes at very attractive prices recently, Sanjiv Singh, chairman of Indian Oil Corp., said in an interview.

27 May 14:40 The Financial Express 1288289579823682199.html
RIL, which made equities popular, inaugurates new trading venue with biggest ever rights issue

Introduced in January, the trading platform allows shareholders to sell their rights entitlement to others interested in subscribing to the share sale.

27 May 14:55 The Financial Express 1288289581327305121.html
SBI extends term loan EMI moratorium by 3 months as coronavirus 'respite''

The state-owner lender said it had contacted loan customers to obtain their consent to stop their Standing Instructions

27 May 14:56 Business-Standard 1502508924578255217.html
India's Q1 GDP may contract 40%, states to lose Rs 30 trillion: Report

For FY21, the SBI Ecowrap report has projected a 6.8 per cent contraction in the country's real GDP

27 May 14:58 Business-Standard 1502508924650478362.html
Banks not passing rate cut benefits to borrowers, developers: CREDAI to RBI

RBI has directed the banks to link floating rates on housing loans to external benchmarks

27 May 14:22 Business-Standard 1502508924984579395.html
India can tide over worst recession, but govt must be careful: Experts

Montek Singh, D Subbarao were participating in a webinar hosted by Bhavan's SP Jain Institute of Management Research

27 May 14:32 Business-Standard 1502508925142907294.html
Trai unlikely to take up floor price issue for 2 mths over Covid-19: Report

Telecom players recently renewed their demand and asked Trai to move forward quickly on the issue of fixing floor price for tariffs

27 May 14:47 Business-Standard 1502508925153152501.html
Anti-dumping duty likely on rubber imported from China, 3 other countries

Apcotex Industries Ltd has alleged that dumping of the product from these countries are impacting the domestic industry

27 May 14:36 Business-Standard 1502508925310655556.html
Lockdown impact: NHAI to extend contract for private highway developers

25% average toll collection loss to get one-day extension

27 May 14:38 Business-Standard 1502508925499063669.html
Patanjali to issue debentures worth Rs 250 cr; bidding to start on May 28

NCDs will carry a coupon rate of 10.10 per cent with a tenure of three years

27 May 14:32 Business-Standard 1502508925592210272.html
Sun Pharma's Q4 pre-tax profit down 17% at Rs 577 cr on multiple one-offs

Revenues in the US market, its largest geography, came in at $375 million down 15 per cent, though the year ago period had a high base due to a one-time contribution of specialty products

27 May 14:15 Business-Standard 1502508926567486942.html
A High-Profile Acquisition Shows Bitcoin Demand from Institutions is Surging

The world is experiencing the worst financial crisis in decades, but the bitcoin market has its own route. Coinbase plans to buy Tagomi.

27 May 14:38 Bitcoinist.com 1696346936465631618.html
French economy making 'cautious' virus lockdown recovery

A return to normal will likely take many months, warns France's national statistics agency

27 May 14:25 Rappler 1882105642267792639.html
Renault-Nissan-Mitsubishi plan to deepen cooperation

Struggling automakers Renault, Nissan and Mitsubishi unveiled Wednesday a plan to deepen cooperation in their alliance that would see them develop nearly half of cars jointly by 2025 to cut costs and

27 May 14:07 Deccan Herald 2027555797016391361.html
Mega COVID-19 lockdown puts India’s 'animal spirits' to sleep in April

Government data will probably show expansion slowed in January-March to 1.5%

27 May 14:32 Gulf News 2086521545628884790.html
The Trump Administration’s War on Huawei Could Hurt These 3 Stocks

TSMC and two other tech giants could become collateral damage in the tech war.

27 May 14:40 The Motley Fool 2231313657743236041.html
Tesla Cutting Car Prices to Spur Demand

The electric vehicle company had strong first-quarter results, but COVID-19 related lockdowns have put a damper on North American car sales.

27 May 14:13 The Motley Fool 2231313657839567548.html
This Energy Stock Plans to Maintain Its 10%-Yielding Dividend

ONEOK believes it can navigate through the oil industry's current rough patch while leaving its dividend intact.

27 May 14:42 The Motley Fool 2231313658339316929.html
Reality check on finding new export markets: China's demand dwarfs the rest

Do you stop supplying half of your Shiraz to China because the government says we need to "diversify"? You can't give up that business to pursue wine sales in teetotal India or Indonesia.

27 May 14:00 Brisbane Times 2314609339460127786.html
COVID-19 rent aid for businesses, landlords to cost $520 million, PBO says

Parliament's spending watchdog estimates a federal program aimed at giving small businesses a break on their rent could cost the public purse $520 million this fiscal year.

27 May 14:19 CTVNews 2422791597306431201.html
Don’t Get Caught Up in the Hype of Gold Stocks

The current economic events are a plus for gold. But gold stocks have gotten ahead of themselves right now.

27 May 14:08 InvestorPlace 24614509312086621.html
3 Gold Stocks to Buy on the Dip

Profit taking is knocking gold stocks off their perch, but the weakness is temporary. Here's how to buy-the-dip for high probability profits.

27 May 14:13 InvestorPlace 24614509716418855.html
The 3 Best Stocks for Beginning Investors

Beginning investors can profit from stable blue chip firms with consistent dividends. Find out which stocks make the grade.

27 May 14:35 InvestorPlace 24614510463817025.html
Why Facebook Stock Will Reach $300 Sooner Than You Think

The tech giant's ad revenue is likely to increase in coming quarters, which will push FB stock to new highs.

27 May 14:54 InvestorPlace 24614510516449065.html
Gold Stocks Are a Safe Haven From the Upcoming Recession

If the global recession gets worse in the rest of the year, then gold stocks may continue to be good buys.

27 May 14:09 InvestorPlace 24614510809738531.html
The Best Way to Play the Current Tech Rally Is eBay Stock

Covid-19 is bringing renewed interest in eBay stock, but the company's potential extends far beyond the current crisis. Here's why.

27 May 14:15 InvestorPlace 24614511234179121.html
EU launches €750bn stimulus package to kickstart economies devastated by Covid-19

It is described as the biggest ever stimulus package and will be comprised mainly of loans and grants for businesses.

27 May 14:35 Irish Mirror 2875825629112234459.html
Special KLM flight brings home 276 Indians from Netherlands

On June 8, another batch of stranded Indians will be sent home by a special Air India flight from Amsterdam to New Delhi as part of the second leg of the 'Vande Bharat Mission'.

27 May 14:13 The Indian Express 2885715104545822383.html
How Railways, Metro services plan to gather steam post-lockdown 4.0

Railways, Metro services plan: While Railways is set for the graded resumption of passenger train services from June 1, the Centre is yet to give the go-ahead for metro rail operations.

27 May 14:39 The Indian Express 2885715104574670098.html
India’s GDP growth may rebound to 5 pc in FY22, says Subbarao

"I do believe that getting up to 5 per cent next year (FY22) is quite probable. The reason I say that is because this (COVID-19) is not a natural disaster. Our factories are still standing, our infrastructure and transport systems are still there," former RBI governor Duvvuri Subbarao said.

27 May 14:50 The Indian Express 2885715105157635248.html
Dow rises on reopening hopes, extending rally

NEW YORK, May 27 — Wall Street stocks were mostly higher early today on continued optimism about the reopening of the US economy as investors shrug off rising tensions between Washington and Beijing. About 15 minutes into trading, the Dow Jones Industrial Average stood at 25,308.55, up 1.3 per...

27 May 14:23 Malaymail 302165934939316645.html
EU pledges €40b for ‘just transition’ from fossil fuels

BRUSSELS, May 27 — The European Commission has increased five-fold its proposed European Union fund to wean carbon-intensive regions off fossil fuels, with fresh cash from a new recovery fund to help Europe’s ailing economies rebound after the coronavirus pandemic. Countries are already...

27 May 14:01 Malaymail 302165935125446191.html
Apec senior officials discuss possible platform for info sharing on Covid-19

KUALA LUMPUR, May 27 — The Asia-Pacific Economic Cooperation (Apec) Senior Officials’ Meeting (SOM) today discussed on how to formulate a possible coordinated approach to collecting and sharing information on policies and measures regarding Covid-19 and its economic effects. In his welcoming...

27 May 14:34 Malaymail 302165935156769162.html
Lufthansa says currently ‘unable to approve’ state rescue over EU conditions

FRANKFURT AM MAIN, May 27 — Coronavirus-stricken airline group Lufthansa said today its supervisory board was “unable to approve” a nine-billion-euro (US$9.9 billion) German state rescue over fears of over-harsh conditions from Brussels. “Conditions currently indicated by the EU...

27 May 14:58 Malaymail 302165935792463406.html
IOI Corp’s Q3 profit hit by foreign currency translation loss

KUALA LUMPUR, May 27 — IOI Corporation Bhd’s net profit fell to RM100,000 for the third quarter (Q3) ended March 31, 2020, from RM248.5 million in the same period last year due to a large net translation loss on foreign currency-denominated borrowings. However, revenue was higher at RM2.03...

27 May 14:11 Malaymail 302165935933141329.html
FG builds 200,000 yam storage facility in Benue state for small businesses

The federal government will on Tuesday, June 9, inaugurate a 200,000 capacity yam storage facility for Micro, Small and Medium Enterprises (MSMEs) in Benue.

27 May 14:06 Legit 3764253650951972092.html
Court upholds suspension of EcoCash agents

The Reserve Bank of Zimbabwe (RBZ) acted within its mandate when it suspended EcoCash mobile money agents from conducting financial transactions to curb abuse, the High Court has ruled, and so there can be no interdict stopping it from doing so.

27 May 14:16 Nehanda Radio 3802011523767162017.html
Ralph Lauren speeds up online shift as store reopenings continue

Ralph Lauren Corp. has reopened a significant portion of its global store network and will accelerate its digital plans as pandemic restrictions ease around the world.

27 May 14:53 BNN 3833521688779846061.html
ETFs pave the road for those seeking diversification

ETFs are popular because they are simple and inexpensive, but their main failing is that they don't exclude low-performing components.

27 May 14:23 Australian Financial Review 3974284486293222484.html
The two things Kerr Neilson fears in pandemic

The fund manager knows his way through a crisis. This time he’s afraid of only two things: unlisted asset valuations and strongmen promises.

27 May 14:00 Australian Financial Review 3974284486500697455.html
Fewer Australians feeling depressed by the crisis

The proportion of Australians expecting the effect of the pandemic on economic activity to last for more than 12 months has fallen from 57 per cent to 50 per cent.

27 May 14:01 Australian Financial Review 3974284486511047576.html
Fix training to end the quiet Australians' fear of uncertainty

Vocational education reform is about encouraging the quiet Australians to profitably invest in their own human capital, so they need not fear Australia’s 21st-century end of certainty in an information age and globalised economy.

27 May 14:00 Australian Financial Review 3974284486695285934.html
Retailers name top areas for IR reform

Changes to strict rosters limits, award classifications and the approval test for collective agreements are on the top of retailers' wish lists ahead of industrial relations reform talks.

27 May 14:00 Australian Financial Review 3974284486798692242.html
Back-to-basics billionaire sounds money-printing warning

Legendary stock picker Kerr Neilson says big spending was entirely appropriate to fight COVID-19, but wonders if the world really wants to own more bonds.

27 May 14:00 Australian Financial Review 3974284486948694736.html
Labor flags super pledge for work deal

The ACTU faces pressure from the broader labour movement to safeguard the legislated 12 per cent superannuation guarantee.

27 May 14:01 Australian Financial Review 3974284487227877472.html
Investors hot in pursuit of ETFs

The demand for exchange traded funds has held up well despite the virus-induced crisis in the markets.

27 May 14:16 Australian Financial Review 3974284487249936881.html
Businesses give up office space in Sydney CBD

The amount of office space in the Sydney city centre available for sub-lease has hit its highest level since the early 1990s recession.

27 May 14:05 Australian Financial Review 3974284487655960249.html
IOOF embarks on pro bono advice offensive

IOOF's financial advisers will provide at least 50,000 hours of free guidance on the JobKeeper program and the superannuation early release scheme.

27 May 14:01 Australian Financial Review 3974284488044712853.html
Call to avert domino-effect collapse of energy retailers

The proposed emergency reform comes as some smaller electricity retailers are feared to be only a few weeks away from going under because of the impact of COVID-19 on their customers.

27 May 14:01 Australian Financial Review 3974284488146658229.html
Why SMSFs shouldn't attempt to perform their own surgery

With volatility and financial advice costs both at historic highs, a fintech start-up has pioneered a new way for self-managed investors to find help.

27 May 14:22 Australian Financial Review 3974284488211236977.html
Why bonds are in great demand

Despite the high investor interest, it is important to understand bonds and the factors causing price movements in them.

27 May 14:24 Australian Financial Review 3974284488382830459.html
Congress Should Give Returning Workers a Bonus

A one-time lump-sum payment would also help the overall economy.

27 May 14:30 Bloomberg.com 4032480122378086739.html
Nissan's Future Is About To Be Decided

Even before the coronavirus pandemic struck, Nissan was in a difficult position. Profits were way down part...

27 May 14:45 CarBuzz 4034462236472836343.html
Lawsuit seeking billions in damages filed against EasyJet

British law firm PGMBM announced Tuesday it filed a lawsuit against EasyJet in connection with a breach that exposed data on aprroximately 9 million people.

27 May 14:28 CyberScoop 4040234470623205403.html
TCN MD removal threatens power reforms, $1.66bn foreign funding – Forum

The Nigerian Power Consumers Forum, NPCF, has called on President Muhammadu Buhari to immediately direct a reversal of removal

27 May 14:52 Vanguard News 4125100339908503162.html
VerifyME, Jobberman join skills towards robust last-mile authentication

Know-Your-Customer, KYC, technology company, VerifyMe, has entered into partnership with Lagos-based job portal, Jobberman.

27 May 14:25 Vanguard News 4125100340095266240.html
Right of Way: Why right to development now rests with governors

ITU once s aid that a 10 percent broadband penetration in Africa would result in an increase of 2.5 percent of GDP per capita.

27 May 14:17 Vanguard News 4125100340336875999.html
NCC announces indefinite suspension of 2018 spectrum trading guidelines

By Emmanuel Elebeke The Nigerian Communications Commission (NCC) has suspended the Spectrum Trading Guidelines 2018 for the Nigerian telecommunications industry. The position was taken at a recent meeting of the Board of Commissioners of the Commission and urged all licensed telecommunications operators, prospective investors, industry stakeholders and the general public to take note. In aRead More

27 May 14:08 Vanguard News 4125100340732165478.html
A car-rental company previously owned by Hertz just filed for bankruptcy for the third time since 2008

The intertwined stories of Hertz and Advantage reveal how dozens of financial and strategic blunders sank both firms into massive debt.

27 May 20:36 Business Insider 6060062399271330506.html
Unemployment will be higher in the US than in other advanced economies through 2021, Goldman says

A lack of stricter job-preservation policies and expanded unemployment benefits will prolong the US's labor-market recovery, Goldman economists said.

27 May 20:00 Business Insider 6060062399473041578.html
Economists expect another 2.1 million Americans filed for unemployment insurance last week

The falling rate of weekly claims suggest the US is "well beyond the peak of inflows into unemployment," said Deutsche Bank economist Justin Weidner.

27 May 20:23 Business Insider 6060062399576431153.html
Diplomats adopt ingenious methods to get to designated workplaces

Many diplomats designated to new roles and stations utilized flights operated for repatriation to reach workplaces

27 May 20:07 Livemint 6614605818218963151.html
Govt amends norms; companys’ contribution to PM Cares Fund to qualify as CSR expenditure

NEW DELHI: The government has amended the norms whereby contributions by corporates to the PM CARES Fund will qualify as … Govt amends norms; companys’ contribution to PM Cares Fund to qualify as CSR expenditure Read More »

27 May 20:50 ISSCNC 6824315491219690067.html
Why the people rushing to get life insurance now are doing a smart thing

The pandemic has opened people’s minds about the need to protect dependants in case of an emergency

27 May 20:55 The Globe and Mail 68426409821738359.html
Investors need to embrace ‘The Lobotomy Paradigm’ and how to build a portfolio for what comes next

A roundup of investment ideas for active investors

27 May 20:05 The Globe and Mail 68426410101876903.html
Ackman says hedge fund up 27 per cent year to date, dumped Berkshire

The public and private funds at Pershing Square Capital Management have gained between 22% and 27% this year

27 May 20:38 The Globe and Mail 68426410883847444.html
Ethereum is Ready For Heavy Volatility, And Analysts Predict a Big Rally

It's been a quiet past few days for Ethereum and the rest of the crypto market.

27 May 20:00 NewsBTC 7232133509906344077.html
BoA Experiences Potential Data Breach With PPP Applications

Bank of America notified principal owners of a potential data breach after the bank uploaded loan applications of some customers to a test application platform.

27 May 20:48 PYMNTS.com 7357138826379229997.html
Buhari approves funding for first phase of Siemens power deal

President Muhammadu Buhari has approved the release of funds for the first phase of the Siemens electricity deal. In 2019, the president had signed a power project deal with Siemens

27 May 20:48 TheCable 7513571675383939123.html
Telangana government undecided on opening of hotels

The Telangana government is still undecided on whether or not to permit opening of restaurants in the State though the hoteliers say that they would ensure social distancing norms

27 May 20:28 The Hans India 817019414032536395.html
FDCI to host a 'phygital' Fashion Week

The Fashion Design Council of India (FDCI) took to Instagram to post a teaser that says 'FDCI goes digital India's First Ever Digital Fashion Week.' The event is set to be a 'phygital'

27 May 20:37 The Hans India 817019415354339040.html
Dow soars 553 points on mounting optimism around a strong economic recovery

US stocks rose on Wednesday as investors were encouraged by signs that international authorities were taking measures to boost the global economy.

27 May 20:06 Business Insider Malaysia 8325046882084330412.html
A car-rental company previously owned by Hertz just filed for bankruptcy for the third time since 2008

A former subsidiary of Hertz just went bankrupt, claiming more than $500 million in debt.

27 May 20:36 Business Insider Malaysia 8325046882087002826.html
Unemployment will be higher in the US than in other advanced economies through 2021, Goldman says

Lasting fallout in the US labor market will keep the unemployment rate higher than in peer countries for more than a year, Goldman Sachs economists said in a Tuesday note.

27 May 20:00 Business Insider Malaysia 8325046882288713898.html
Economists expect another 2.1 million Americans filed for unemployment insurance last week

Millions of Americans are still filing for unemployment insurance on a weekly basis, even after many states begin to open their economies from lockdowns to contain COVID-19.

27 May 20:23 Business Insider Malaysia 8325046882392103473.html
Stocks rally on EU stimulus plan, euro gains

NEW YORK (Reuters) - Equity markets rallied on Wednesday, lifted by enthusiasm for the European Union’s plans for a 750 billion euro ($823 billion) recovery fund, but crude prices slid on concerns about unrest in Hong Kong over Beijing’s proposed national security laws.

27 May 20:23 Reuters 8334514181000551667.html
LIVESTOCK-Cattle futures rise on economic optimism, discount to cash prices

By Karl PlumeCHICAGO, May 27 (Reuters) - U.S. cattle futures rallied for a second straight day on Wednesday as easing coronavirus restrictions around the country bolstered optimism about the outlook for the economy and beef demand.U.S. stocks rose, with the S&P 500 closing above 3,000 for the first time since March 5, as further easing of lockdowns lifted investor optimism.

27 May 20:47 Successful Farming 8502642053181802762.html
UPDATE 1-COFCO to turn Santos port terminal from grains to sugar - statement

(Adds details of operation, context on sugar market)By Roberto Samora and Marcelo TeixeiraSAO PAULO/NEW YORK, May 27 (Reuters) - Chinese commodities trader COFCO International said on Wednesday it will use its 12A terminal in Brazil's Santos port to move sugar instead of grains beginning in July and through the end of the year.

27 May 20:17 Successful Farming 8502642054574811231.html
Dow closes 550 points higher, as investors look past dismal economic data and escalating U.S.-China tensions

Major U.S. stock benchmarks roared higher Wednesday, despite the battered state of the economy and rising tensions between Beijing and Washington as...

27 May 20:43 MarketWatch 8975941549749364685.html
Apple reopens all of its stores in Arizona

Apple confirmed Tuesday that it would reopen all six of its retail stores in Arizona this week for in-store service, technology support, and curbside pickup.

27 May 20:45 ABC15 Arizona 911680910984532423.html
Post-Covid Privatisation Will Push Labour Into a Deathtrap

Metaphorically the heart (hruday) represents human goodwill and helping nature toward the helpless and needy, whereas atma (soul) represents the non physical self which is disconnected from physical suffering. One can only take care of one’s own atma and never the atma of others.

27 May 20:20 The Citizen 9122973067620461396.html
Neste and Covestro enter cooperation related to sustainable plastics production

Neste Corp. (Espoo, Finland) and Covestro AG (Leverkusen, Germany) are starting a strategic cooperation in Europe to promote the use of sustainable raw mat

27 May 20:28 Chemical Engineering 9204118373585366503.html
13 YouTube channels to turn yourself from wagecuck to finance god

It seems budgeting, saving, and investing are all the rage nowadays, and that everyone’s joining the FIRE (Financial Independence Retire Early) movement. This is reflected by the increasing popularity of budgeting and trading apps, ETFs (exchange traded funds, baskets of stocks you can invest in to spread your risk), and business news sites. But who […]

27 May 16:33 Hard Fork | The Next Web 3990801510748937978.html
Whole Scottish golf tourism summer season could be lost, claim operators in plea to First Minister

A group of leading Scottish golf operators has made a plea to First Minister Nicola Sturgeon for help from “a clear and present danger” that the entire 2020 summer season could soon be lost.

27 May 16:11 The Courier 4275302767238987106.html
AUD/USD reversal from 0.6680 finds support at 0.6565

Australian dollar’s reversal from 2, 1/2-month highs at 0.6680 has been contained at 0.6565 on Wednesday’s US trading session and the pair is trimmin

27 May 16:43 FXStreet 4480975638750385495.html
EUR/PLN three-month forecasts trimmed to 4.80 from 5.00 – Rabobank

The Polish zloty has rallied sharply over the last sessions buoyed by investors’ confidence on a quick economic recovery, which has prompted the Rabob

27 May 16:12 FXStreet 4480975640058654973.html
Louisiana House members advance spending bills that use federal money to avoid deep cuts

The Louisiana House of Representatives on Tuesday approved a $30-billion-plus state operating budget that uses federal pandemic relief funds to make up for most of a projected billion-dollar revenue shortfall.

27 May 16:00 Washington Examiner 4625792332542531761.html
French economy making 'cautious' virus lockdown recovery

Economic activity in France is making a clear if cautious recovery after lockdown measures were relaxed earlier this month but the country is still heading for a roughly 20 percent contraction this quarter, the national statistics agency said Wednesday.

27 May 16:30 manilastandard.net 4715274784285958684.html
Boeing slashes 12,000 jobs as virus seizes travel industry

Boeing is cutting more than 12,000 jobs through layoffs and buyouts as the coronavirus pandemic seizes the travel industry, and more cuts are coming.

27 May 16:53 Tech Xplore 4945708898268207406.html
The Fed is considering a policy tool not used since World War II to keep borrowing costs at historic lows, Business Insider - Business Insider Singapore

Business Insider - Yield-curve control allows central banks to target certain long-term interest rates through the limitless buying and selling of bonds.. Read more at businessinsider.sg

27 May 16:11 www.businessinsider.sg 5090408756039537524.html
Warren Buffett's Berkshire Hathaway loses Bill Ackman as an investor, Business Insider - Business Insider Singapore

Business Insider - Ackman's sale of his $1 billion stake is surprising as he boosted his Berkshire holdings by more than a third in the first quarter.. Read more at businessinsider.sg

27 May 16:30 www.businessinsider.sg 5090408756825177104.html
Coffee quality likely to drop as farmers struggle to offload unsold harvest

Kampala, Uganda | THE INDEPENDENT | The quality of coffee from a lot of farmers will likely be compromised as many who failed to get buyers to take their produce decided to heap it in their homes. This is according to the Uganda Coffee Development Authority (UCDA) managing director Emmanuel Ilamulemye, who spoke during an …

27 May 16:10 The Independent Uganda: 5099025989560896461.html
Oman's share index ends marginally higher

MSM30 index closed at 3,445.68 points, up 1.11 per cent from previous close

27 May 16:39 Times of Oman 5168079154540413966.html
COVID-19 crisis is causing biggest fall in global energy investment in history: IEA

The unparalleled decline is staggering in both its scale and swiftness, with serious potential implications for energy security and clean energy transitions

27 May 16:31 Times of Oman 5168079154594938335.html
France unveils $8.7 billion plan to rescue ailing car industry

The plan focuses on the production of environmentally-friendly vehicles

27 May 16:34 Times of Oman 5168079156045665110.html
Chan Chun Sing thanks Singaporeans for complying with circuit breaker but warns against complacency

Chan Chun Sing thanks Singaporeans for complying with circuit breaker but warns against complacency

27 May 16:20 The Independent 5308065341948805104.html
‘Although the battle against COVID-19 is uncertain, we will prevail!” – Lawrence Wong

‘Although the battle against COVID-19 is uncertain, we will prevail!” – Lawrence Wong

27 May 16:00 The Independent 5308065342999534832.html
PR Consulting Shutters L.A. Office

A growing number of p.r. firms have been impacted by COVID-19 as fashion companies postpone shows and events and pull back on advertising.

27 May 16:31 WWD 5490910668805141407.html
Michele Norsa Returns to Salvatore Ferragamo as Executive Deputy Chairman

Norsa helmed the Florence-based company for 10 years, exiting in 2016.

27 May 16:12 WWD 5490910669377174373.html
Turkish Airlines may delay delivery of Airbus, Boeing planes: Report

Turkish Airlines , which halted nearly all of its passenger flights as a result of the coronavirus crisis, may delay the delivery of some Boeing ...

27 May 16:50 CNA 5644198863352665506.html
H&M set to cancel furloughs for 2,500 at Stockholm headquarters

H&M , the world's second-biggest fashion retailer, said on Wednesday it expects the 2,500 furloughed staff at its headquarters in Stockholm to be ...

27 May 16:11 CNA 5644198863582437576.html
Tencent seeks US$6 billion in bond sale as protests hit Hong Kong

Chinese technology giant Tencent kicked off its offer of bonds worth up to US$6 billion in Hong Kong on Wednesday, launching the sale even as ...

27 May 16:35 CNA 5644198863744127826.html
COVID-19's Final Act And Epilogue

COVID-19 is winding down. MLPs and MLP closed end funds are a bargain. The stock market has upside but there are many risks.

27 May 16:01 Seeking Alpha 5725634556178810665.html
Diamondback Energy: Hunkering Down For A Brutal Second Quarter

Cash production costs are among the lowest in the industry for oil producers. The well profitablity occurs at unexpectedly low WTI prices. This company probably

27 May 16:42 Seeking Alpha 5725634557066056419.html
Chewy: Reaping The Benefit Of Stay-At-Home Measures

Chewy is the largest pure-play pet e-commerce player and it was approaching break-even EBITDA as of Q4 2019. The pandemic and WFH measures have resulted in more

27 May 16:22 Seeking Alpha 5725634557258410331.html
Go Long On SinoPharm Group's HKEX Ticker 1099:HK

There are obvious risks investing on Chinese companies right now. President Trump is hell-bent on winning his re-election via anti-China tirades. Most U.S. stoc

27 May 16:36 Seeking Alpha 5725634557666467400.html
Montage Resources: Swearing Off Debt Addiction

Current management knows first hand what too much debt can do to a company's survival chances. The EBITDAX ratio of 1.9 will creep upward during the current fis

27 May 16:53 Seeking Alpha 5725634557741863788.html
SK Telecom: Still Waiting For Positive Change

SK Telecom offers a relatively attractive consensus forward FY2020 dividend yield of 4.8%, and there could be further upside to the company's future dividend pa

27 May 16:43 Seeking Alpha 5725634558017753146.html
London markets make ‘solid’ gains as trading optimism continues

London’s top flight closed 76.49 points higher at 6,144.25p at the end of trading on Wednesday.

27 May 16:19 Jersey Evening Post 6141642773626560254.html
The Euro-to-Dollar Rate Crosses Rubicon On EU Recovery Plan but Analysts Divided in Views on Outlook

The Euro vs the Dollar - Latest Exchange Rate News and Forecasts on the Euro Dollar Currency Pair Today

27 May 16:05 The Pound Sterling Live 6614579508506437343.html
Delhi HC sets aside orders by MoC where it invoked bank guarantees of TSIL

The court has ordered that MoC shall provide TSIL the comments received from the concerned State Government(s) on the aspect whether the delay in achieving the milestones is attributable to TSIL

27 May 16:34 Livemint 6614605818103175761.html
Tata Power plans to add 700 MW in renewable energy

Enhances renewables portfolio by 7% to 3,833 MW

27 May 16:55 The Hindu 6679535024362713638.html
Loans to MSMEs may get ‘risk-free’ tag

On FinMin nudge to RBI, banks may not need to set aside capital; Centre expecting less than 15% NPAs

27 May 16:57 The Hindu 6679535024494087218.html
City springs back to life with almost all shops open

Managements are strictly following guidelines to prevent virus spread

27 May 16:59 The Hindu 6679535024892676274.html
Sensex rises 1,000 points as banking stocks shine

Axis Bank leads pack with 13.46% gain

27 May 16:52 The Hindu 6679535026268663467.html
IHCL goes for enhanced safety and hygiene for opening hotel post lockdown

As part of its strategy to open its hotels after lifting of lockdown, Indian Hotels Company Ltd. (IHCL) has decided to use industrial strength disinfectants at common and high-touch areas of hotels li

27 May 16:57 The Hindu 6679535026323609955.html
New bid for 27 self-build and custom-built homes in Suffolk village

Plans for up to 27 new homes in Melton have been re-submitted by developers.

27 May 16:51 East Anglian Daily Times 681138150922939268.html
New home construction could drop by as much as 75 per cent from early-year levels, CMHC warns

Work stoppages and restrictions on construction have slowed residential building, especially in Quebec and Ontario

27 May 16:51 The Globe and Mail 68426410118047407.html
After-school sector wants free care extended over winter holidays

While schools have resumed full-time teaching, the out-of-school-hours sector is unsure how many families will still need its services

27 May 06:53 Brisbane Times 2314609338807810657.html
Shanghai Stock Exchange Mulls First Revamp of Benchmark in 30 Years

(Bloomberg) — The Shanghai Stock Exchange is considering the first overhaul of its benchmark index in three decades so that it better reflects China’s increasingly high-tech economy, according to people familiar with the matter.

27 May 06:34 Financial Post 2379081492307105591.html
MTD Bus Capacity Increases, Face Masks Required

[Since] Friday, Santa Barbara MTD increased the number of passengers allowed on board all MTD buses.

27 May 06:34 edhat santa barbara 2501874277083541735.html
4th Budget sets aside $33b more to help workers, businesses

The Straits Times/ANN - Deputy Prime Minister Heng Swee Keat yesterday announced a $33 billion supplementary Budget aimed primarily at helping workers and businesses pull through the Covid-19 pandemic and the bleak economic outlook ahead.

27 May 06:00 Eleven Media Group Co., Ltd 2672168647531462385.html
Oil slips on demand worries, Hong Kong tensions

Brent crude futures fell 21 cents, or 0.6%, to $35.96 by 0120 GMT. US West Texas Intermediate (WTI) crude futures were down 31 cents, or 0.9%, at $34.04 a barrel.

27 May 06:13 The Indian Express 2885715104407461247.html
Angry farmers force rethink: Khattar govt softens paddy diversification order

The change in government stand came on the day CM Manohar Lal Khattar met farmers in Kurukshetra to take their feedback on the issue.

27 May 06:13 The Indian Express 2885715104806416116.html
National Creative Industry Policy must be improved, says minister Saifuddin Abdullah

KUALA LUMPUR, May 27 ― The National Creative Industry Policy (DIKN) must be re-assessed and improved to spearhead the growth of the national creative industry, said Communications and Multimedia Minister Datuk Saifuddin Abdullah. At the same time, he said, an audit must be conducted of the...

27 May 06:00 Malaymail 302165935546987783.html
France GDP could fall 'around 20pc' in second quarter, statistics agency says

PARIS, May 27 — France's economy could contract by around 20 per cent in the second quarter as lockdown measures meant to slow the spread of the coronavirus slashed activity, the national statistics agency Insee said today. It said that the French economy was currently running “at roughly...

27 May 06:41 Malaymail 302165935951955710.html
Kentik raises $23.5M for its network intelligence platform

Kentik, the company once known as CloudHelix, today announced that it has raised a $23.5 million growth funding round led by Vistara Capital Partners, with existing investors August Capital, Third Point Ventures, DCVC and Tahoma Ventures also participating. With this round, Kentik has now raised a total of $61.7 million. The company’s platform allows enterprises […]

27 May 06:00 TechCrunch 3713145563139255850.html
Yuan slumps on Sino-US tensions

Friction between the world's two largest economies led to the yuan falling to its lowest level in nine months on Wednesday.

27 May 06:14 Australian Financial Review 3974284486396037155.html
ASX edges lower, even as investors pump $18b into banks

The Australian sharemarket was unable to extend its 11-week high on Wednesday, despite a strong bid for the major banks by institutional investors.

27 May 06:36 Australian Financial Review 3974284486402943282.html
Pandemic kills off GSFM volatility fund

The Triple3 Volatility Advantage Fund established in 2014 by respected fund manager and former Goldman Sachs options trader Simon Ho has been wound up.

27 May 06:42 Australian Financial Review 3974284486936495098.html
The reality behind the unions' claims of insecure work

There's one flaw in the concerns about the rise of insecure work. The percentage of casuals in the workforce has not changed in more than two decades.

27 May 06:11 Australian Financial Review 3974284487810872942.html
What's behind the bank rally

The three forces driving the stunning rally in bank shares over the past few days speak to a change in the mood of local investors.  

27 May 06:41 Australian Financial Review 3974284487861553613.html
Crisis causes a rethink on CBD office space

Those organisations that can offer their staff flexible working arrangements will have a competitive advantage in attracting better talent,

27 May 06:12 Australian Financial Review 3974284487864703258.html
Financial complaints watchdog inundated with calls linked to pandemic

Banking and finance companies were responsible for almost half of the 3000-plus complaints to the Australian Financial Complaints Authority, while almost 700 related to customers in financial difficulty.

27 May 06:31 Australian Financial Review 3974284488312721680.html
Modi govt amends Companies Act, makes PM CARES eligible to receive CSR funds

The notification was brought in to make PM CARES fund eligible to receive CSR funding. It will be implemented with a retrospective effect and shall deem to have come into force on March 28. 

27 May 06:40 India Today 4286117813424720066.html
NZD/USD: Basking in the wave of risk-on euphoria – ANZ

The kiwi basked in the euphoria of the S&P 500 breaking 3000 and broke the 0.6170 resistance. The NZD/USD will remain bid, but analysts at ANZ Bank ar

27 May 06:56 FXStreet 4480975638795688808.html
Gold: On the verge of losing the $1700 level

Gold pulled back on Tuesday as the risk theme turned positive and equities rose. The price moves lower toward $1700, FXStreet’s analyst Rajan Dhall re

27 May 06:38 FXStreet 4480975638888654250.html
USD/JPY does not rule out a move to 107.20 – UOB

According to FX Strategists at UOB Group, USD/JPY could slip back to the 107.20 region in the short-term horizon. Key Quotes 24-hour view: “USD traded

27 May 06:09 FXStreet 4480975639008939045.html
Gold Price Analysis: Pressed to critical support, break or bounce? – Confluence Detector

Gold has been dropping from the highs amid an upbeat market mood that turned unfavorable for the precious metal. Can it recover? XAU/USD is sitting at

27 May 06:05 FXStreet 4480975639097581437.html
WTI stays below $34.50, prints mild losses in Asia

WTI slips from the daily high to $34.20, down 0.23% on a day, while heading into the European session on Wednesday. The barrel of black gold recently

27 May 06:07 FXStreet 4480975639283640755.html
US Conference Board Consumer Confidence: Dollar risk premium subsides as market panic fades

Confidence edged higher in May after six-year low in second sign of consumer stability while New Home Sales ticked higher April, belying predictions f

27 May 06:47 FXStreet 4480975639990246989.html
Preview: A Youth Dialogue with ECB’s Lagarde on the COVID-19 response

The European Central Bank (ECB) President Christine Lagarde’s speech will be closely eyed ahead of the European Union (EU) Summit to reach an agreemen

27 May 06:37 FXStreet 4480975640135776627.html
Natural Gas Price: Cautiously positive

CME Group’s preliminary data for Natural Gas futures markets noted open interest shrunk for the second session in a row on Tuesday, this time by nearl

27 May 06:02 FXStreet 4480975640163165540.html
Cancellations continue, blame it on low passenger load factor

Officials said the Indira Gandhi International Airport in Delhi handled around 277 flights on Tuesday, 100 short of its estimated figure.

27 May 06:53 The New Indian Express 4718288653021635709.html
Kotak Mahindra Bank launches Rs 7,000-cr share sale through qualified institutional placement

Private sector lender Kotak Mahindra Bank on Tuesday launched its over Rs 7,000-crore qualified institutional placement (QIP) of shares

27 May 06:02 Firstpost 4760741711795903842.html
Glenmark Pharmaceuticals receives approval from USFDA to market generic drug for muscle pain in American market

Glenmark Pharmaceuticals on Wednesday said its subsidiary has received approval from the US health regulator to market Chlorzoxazone tablets, used to treat muscle pain, in the American market

27 May 06:44 Firstpost 4760741711855555810.html
More than 130 homes approved for £50m Beeston Square development

It includes an eight screen cinema, 132 homes and space for a number of restaurants and bars

27 May 06:00 NottinghamshireLive 5149776701606610586.html
Milestone In Cash Flow Support To SMEs

A billion dollar milestone is about to be passed as government cash flow support rolls out to small businesses through interest-free loans.

27 May 06:49 SCOOP 5315658999058361019.html
Mexico's auto industry restart gathers steam, Ford still waiting

Mexico's auto industry reopening picked up pace on Tuesday, with Fiat Chrysler and BMW AG joining peers in gradually dusting off operations even ...

27 May 06:55 CNA 5644198862304258540.html
‘We have to move beyond being oil traders’: What Singapore’s future as an oil hub could look like in a post COVID-19 world

Consolidation and transformation is vital to Singapore’s survival as an oil hub in a post COVID-19 world, say industry watchers.

27 May 06:15 CNA 5644198862498685730.html
Commentary: Multibillion-dollar wizards – how COVID-19 is exposing what’s behind the curtain

Platform giants should be thriving where the coronavirus have pushed consumers and merchants to embrace e-commerce, yet many are laying off staff, ...

27 May 06:10 CNA 5644198863933774405.html
Mexico's auto industry restart gathers steam as lockdown eases

Mexico's auto industry reopening picked up pace on Tuesday, with Fiat Chrysler and BMW AG joining peers in gradually dusting off operations even ...

27 May 06:55 CNA 5644198864158598029.html
FX Weekly: Calling For Chinese Help

The FANG+ stocks trade is getting crowded as the index is trading back to pre-COVID-19 highs. The recovery will take longer than governments expect due to socia

27 May 06:39 Seeking Alpha 5725634557392657879.html
Regional Manufacturing Indexes Begin Long Road Back In May

The May 2020 Philadelphia and Empire State regional surveys of manufacturing conditions showed the early stages of recovery among the regions' manufacturers. Im

27 May 06:28 Seeking Alpha 5725634558074984407.html
Supermarkets ease buying restrictions as excess workers drop off

As supermarkets grapple with balancing out panic-buying with an over-supply of slim margin inventory, sales markdowns will start to pop up on shelves.

27 May 06:00 The New Daily 5848147787217375073.html
Second Iranian Oil Tanker Arrives At Venezuela's Largest Refinery

A second Iranian tanker carrying gasoline and oil derivatives has arrived at crisis-stricken Venezuela's main oil refinery, amid escalating tensions between Washington and the two U.S.-sanctioned countries.

27 May 06:24 Radio Free Europe / Radio Liberty 5891794163779745925.html
Auto Trader to offer 25% discount as it starts trading from June 1

Auto Trader has said it will slash its prices in June as the Government allows car dealerships to open again.

27 May 06:39 independent 5894610846406059375.html
Pandemic slows electric vehicle revolution due to lithium battery shortage

The coronavirus pandemic has paused the electric vehicle revolution, forcing producers of lithium into survival mode with output cuts.

27 May 06:45 VentureBeat 6273363636191332076.html
IndiGo to help man who sold his goats to buy flight tickets

In Mumbai, a migrant labourer family sold three goats to buy air tickets but the flight got cancelled.IndiGo said it has now booked tickets for the workers at no extra charge

27 May 06:51 Livemint 6614605818624817940.html
Jewellery manufacturers call for opening of showrooms in Coimbatore

In a memorandum submitted to the Collector, the Coimbatore Jewellery Manufacturers Association said that while the small jewellery shops are open, the bigger showrooms remain shut

27 May 06:46 The Hindu 6679535024613020741.html
Wonderla gets extension on tax break, as lockdown hits construction

The amusement park operator has obtained a further extension of an entertainment tax exemption from the State government, to cover a period of five years from the date of commercial operations or September 30, 2021, whichever is earlier

27 May 06:13 The Hindu 6679535025048012615.html
APSPDCL MD promises to revise power bills

Many consumers in Anantapur had complained that their bills were inflated

27 May 06:10 The Hindu 6679535025978496343.html
Changing balance across LAC trigger for stand-off, says China expert Taylor Fravel

China is likely responding to what it sees as a challenge to its position, he opines

27 May 06:00 The Hindu 6679535026048481812.html
Virus could cost SA five years of potential output

Reserve Bank ready to step in with a ‘variety of additional tools’.

27 May 16:18 Moneyweb 1092550946329288828.html
Airtel's stake sale to get ready for a bigger fight with Jio

Analysts say that the idea behind Bharti Telecom's deleveraging is to fortify the promoter firm when financial conditions are deteriorating for companies across the board

27 May 16:01 Business Today 1145527431502502382.html
BT Buzz: What added Rs 86,000 crore to DRL, Sun Pharma market cap in 2 months?

Approval to explore new COVID-19 therapies, licensing and supply deals to manufacture drugs to treat the virus and fast approvals for plants under regulatory scanner have turned the fortunes of most of these companies

27 May 16:24 Business Today 1145527432756885002.html
IRCTC special train tickets: Booking & cancellation of train tickets possible at post offices too!

The train ticket booking or cancellation facility for IRCTC special trains is also available at Indian Railways' computerized Passenger Reservation System (PRS) counters in railway premises or reservation centers as well as Common Service Centers (CSC).

27 May 16:20 The Financial Express 1288289579493672757.html
HDFC shares tanked with Sensex but recovery remains astray; brokerages still bullish, check target price

With a warchest of Rs 11,000 crore HDFC might be ready to battle the coronavirus pandemic but with the stock gaining only 4% so far since its March lows, the question is will the share price gain steam?

27 May 16:27 The Financial Express 1288289579541360323.html
Aditya Birla Fashion set to launch Rs 1,000 crore rights issue; here’s what it will do with the money

The board, which is meeting on Wednesday, is set to approve the plan to raise Rs 1,000 crore by way of a rights issue, which will be fully subscribed to by the promoters/promoter group, the official said.

27 May 16:53 The Financial Express 1288289579805496223.html
Global stocks mixed on unease over Hong Kong security law

Benchmarks in Shanghai and Hong Kong retreated after the White House said a proposed national security law might jeopardize the Chinese territory's status as a global financial center.

27 May 16:10 The Financial Express 1288289579902289315.html
Banks, financial stocks help Sensex, Nifty rise over 3%, check what propelled the rally on D-Street

Axis Bank was the top Sensex gainer, ending the session with a growth of 13.46 per cent. While Sun Pharma was the top Sensex laggard, after reporting Q4 earnings which were below expectations

27 May 16:24 The Financial Express 1288289579930802028.html
Amazon provides free COVID-19 health insurance for its sellers

Amazon has partnered with Acko General Insurance (Acko) to manage the policy delivery and handling of claims and reimbursements.

27 May 16:33 The Financial Express 1288289580346812632.html
COVID-19 crisis: IT employees union writes to CM over lay-offs

National Information Technology Employees Senate (NITES) in the letter written to CM on Tuesday said several IT/ITeS/BPO/KPO companies across Maharashtra have started terminating services of their employees without any reasonable cause and withholding or deducting their salaries.

27 May 16:25 The Financial Express 1288289580868341312.html
McDonald's to reopen all UK and Ireland stores in June

Burger chain will reopen all 1,000 branches by 4 June with coronavirus safety measures

27 May 16:04 the Guardian 1491978796134363379.html
Irdai allows PNB to hold more than 10% promoter stake in 2 insurance firms

The insurance regulator has allowed PNB to keep its shareholding in both the insurance companies intact for now

27 May 16:47 Business-Standard 1502508924573139426.html
Amrapali case: ED attaches JP Morgan India accounts worth Rs 187 crore

The Supreme Court on Friday had allowed the agency to attach the investment banking firm's assets to recover the amount identified as proceeds of crime under PMLA

27 May 16:43 Business-Standard 1502508924902398666.html
Brazil's Troyjo to be new head of BRICS bank; SBI's Anil Kishora vice-prez

The decisions were made on Wednesday at a special meeting of the Board of Governors in accordance with the Articles of Agreement of the NDB and its procedures, a press release from the bank said

27 May 16:35 Business-Standard 1502508925326442805.html
Torrent, Lanco among private gencos not paid by Madhya Pradesh Power Co

This move by MP govt comes after the union power ministry had clarified electricity generation is an essential service and no state can invoke force majeure to defer payments

27 May 16:24 Business-Standard 1502508926278642231.html
Here’s Why a Lawyer Thinks Russia’s Cryptocurrency Ban is Unconstitutional

Recently, we reported that Russia planned to criminalize the use of cryptocurrency, but one lawyer thinks it may be unconstitutional.

27 May 16:00 Bitcoinist.com 1696346938182239149.html
COVID-19: Boeing slashes 12,000 jobs as virus seizes travel industry

Air travel within the US tumbled 96% by mid-April, to fewer than 100,000 people on a day

27 May 16:39 Gulf News 2086521544143807198.html
COVID-19: EU aims to back struggling south with fiscal shock and awe

Blueprint will form central plank of EU’s response to coronavirus pandemic’s impact

27 May 16:27 Gulf News 2086521544304079977.html
These 4 Chinese Stocks Are Too Risky to Own

Luckin Coffee and three other Chinese stocks could be in the blast zone of newly proposed regulations.

27 May 16:30 The Motley Fool 2231313657769660984.html
IMF Says Banks' Profitability Could Be Muted Through 2025

A new report says a host of headwinds will trouble financial institutions worldwide for years, though North American banks are expected to fare slightly better.

27 May 16:16 The Motley Fool 2231313658227486719.html
Nasdaq Today: What's Sending Chip Stocks AMD and NVIDIA Lower Wednesday?

Stocks were largely mixed, but it was a poor day for the Nasdaq in particular.

27 May 16:18 The Motley Fool 2231313658491995685.html
Why Carnival Corporation, Royal Caribbean, and Norwegian Cruise Line Stocks Jumped -- Then Slumped -- Wednesday

Shares of cruise industry stocks jumped out of the gate Wednesday -- then dropped anchor.

27 May 16:05 The Motley Fool 2231313658589508298.html
Boeing slashes 12,000 jobs as virus seizes travel industry

Boeing is cutting more than 12,000 jobs through layoffs and buyouts as the coronavirus pandemic seizes the travel industry, and more cuts are coming.

27 May 16:22 CTVNews 2422791597673578159.html
Boeing cuts 12,000 jobs, resumes production of grounded jet

Boeing is cutting more than 12,000 U.S. jobs through layoffs and buyouts as the coronavirus pandemic seizes the travel industry. And the aircraft maker says more cuts are coming.

27 May 16:22 CTVNews 2422791598098196948.html
10 Stocks Worth Your Time on Robinhood’s Top 100 List

Robinhood's top 100 list gives us a glimpse into millennial trading habits, but these ten Robinhood stocks should make your buy list.

27 May 16:21 InvestorPlace 24614509187551169.html
Shopify Will Remain an E-Commerce Powerhouse

Shopify is capitalizing on this shifting trend in e-commerce as people avoid brick-and-mortar stores. SHOP stock is a strong buy right now.

27 May 16:25 InvestorPlace 24614509645472038.html
Be Ready to Sell Speculative Marathon Oil Stock at Any Moment

Investors are chasing MRO stock up in May on an assumption the oil patch will permanently rebound. That's a foolish and costly mistake.

27 May 16:12 InvestorPlace 24614510677014669.html
There’s a Bull Case for Delta in a Bear Market

Although the airline industry is getting pummeled, DAL stock looks to be the best poised to turn around among the major carriers.

27 May 16:24 InvestorPlace 24614510903048395.html
Can Marathon Oil Ever Get Back to $30?

Marathon Oil spun-off Marathon Petroleum (NYSE:MPC) on July 1, 2011. MRO stock has lost 78% of its value. Can it get back to $30?  

27 May 16:47 InvestorPlace 24614511163573281.html
London markets make ‘solid’ gains as trading optimism continues

London’s top flight closed 76.49 points higher at 6,144.25p at the end of trading on Wednesday.

27 May 16:17 Shropshire Star 3480199991544979198.html
Halfords' Telford store reopens as 'retail lite' operation

Halfords has already reopened its Telford store, with some drastic changes.

27 May 16:48 Shropshire Star 3480199992580901222.html
Post COVID-19: We're determined to pass local content bill to boost Nigeria's economy - Reps

The widely expected Nigerian Local Content Development and Enforcement Bill 2020, passed second reading on the floor of the House of Representatives recently.

27 May 16:28 Legit 3764253649266101068.html
Boeing starts job cuts with 6,770 layoffs in U.S. this week

Boeing Co. unveiled the first of its planned job cuts, saying it would notify 6,770 employees in the U.S. this week that their positions would be eliminated.

27 May 16:20 BNN 3833521688210367273.html
Boral faces new class action over US windows strife

Maurice Blackburn's class action over Boral's accounting scandal in a US windows business is the second to be launched in Australia.

27 May 16:00 Australian Financial Review 3974284486625146848.html
Oppo doubles down on mobile chip manufacturing efforts

Oppo, one of China's biggest smartphone manufacturers, is planning to invest more into in-house chip development.

27 May 09:03 TechRadar 2111116916072316202.html
Got $3,000? These 5 Beaten-Down Stocks Are Begging to Be Bought

Opportunity is knocking for investors with a long-term mindset.

27 May 09:51 The Motley Fool 2231313658268817942.html
GE Stock Comeback Story is Delayed But Not Canceled

The comeback story of 2020 will have to wait. But if management continues on its 2019 track, GE stock should make the turn eventually.

27 May 09:31 InvestorPlace 24614510239662154.html
How to Trade Alibaba Stock After Underwhelming Earnings Fizzled Its Takeoff

Earnings upended Alibaba stock's breakout, and now the chart's a mess. Steer clear for now, or sell credit spreads to bank on the chop.

27 May 09:01 InvestorPlace 24614510670992815.html
Lagarde: It’s even worse than we thought

ECB president supports more public spending as milder economic predictions are ‘out of date.’

27 May 09:38 POLITICO 2584151345739671650.html
Africa: Building resilient economies through regional integration

The second Africa Regional Integration Index (ARII 2019) launched by the ECA, AfDB and the AUC, calls for African economies to deepen their integration.

27 May 09:53 ESI-Africa.com 2679729877840795048.html
Op-Ed: Challenges faced by early-stage clean energy companies

Like many other sectors, early-stage clean energy companies are heavily affected by the COVID-19 pandemic and the response of governments to it.

27 May 09:52 ESI-Africa.com 2679729878365160850.html
Government extends BPCL bid deadline to July 31

The EoI submission deadline was May 2, but on March 31 it was extended up to June 13.

27 May 09:37 The Indian Express 2885715104206702081.html
Ola Electric acquires Amsterdam-based Etergo, to launch electric two-wheeler next year

Ola Electric Mobility (OEM) on Wednesday said it has acquired Amsterdam-based Etergo BV, a move that will help the Indian firm foray into the global premium electric two-wheeler market.

27 May 09:38 The Indian Express 2885715104809577608.html
Ravi Shankar Prasad hits out at Rahul Gandhi, says Congress-ruled states imposed lockdown first

Rahul Gandhi on Tuesday had said the aim and purpose of the nationwide lockdown has “failed” and asked the Centre to spell out its strategy now to contain the spread of coronavirus.

27 May 09:38 The Indian Express 2885715105357034433.html
ECB’s Lagarde ‘not overly concerned’ about new euro crisis

FRANKFURT AM MAIN, May 27 — European Central Bank chief Christine Lagarde said today she was “not overly concerned” that the coronavirus pandemic could renew fears of the eurozone breaking up, after a report from the Frankfurt institution highlighted the danger yesterday. “I’m not overly...

27 May 09:40 Malaymail 302165934480159295.html
Stock markets mixed as China-US tensions return to fore

HONG KONG, May 27 — Equities were mixed today as profit-taking and worries about deteriorating China-US relations were weighed against optimism over the gradual reopening of economies around the world. Hong Kong extended losses as police fired pepper-ball rounds as anti-China protesters took to...

27 May 09:15 Malaymail 302165935234399886.html
Covid-19: Johor govt urges employers to register with Socso for foreign worker screening

JOHOR BARU, May 27 — The Johor government has urged employers to register under the state’s Social Security Organisation (Socso) so that their foreign migrant workers can be screened for Covid-19. Johor Health and Environment Committee chairman R. Vidyananthan said Johor Socso has been asked to...

27 May 09:50 Malaymail 302165936253409683.html
How to move beyond the burden of legacy systems [Q&A]

These days, companies are seeking to stay competitive and current by pursuing and succeeding at end-to-end digital transformation.

27 May 09:09 BetaNews 3764252313422733643.html
Need to know: Wednesday

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.

27 May 09:56 Australian Financial Review 3974284487643670911.html
Training sector held back by Federation, says IR reformist

The big criticism focuses on the link between training and award wages, established in 1990.

27 May 09:39 Australian Financial Review 3974284488339447061.html
EU Aims to Back Struggling South With Fiscal Shock and Awe

The European Commission unveiled an unprecedented stimulus plan to tackle the worst recession in living memory and underwrite struggling Italy’s membership of the 27-nation bloc.

27 May 09:31 Bloomberg.com 4032480120687491547.html
Gold trades with modest losses, holds above $1700 amid escalating US-China tensions

Gold dropped to fresh two-week lows during the early European session and was last seen trading with modest losses, just above the $1700 mark. The com

27 May 09:32 FXStreet 4480975639176533993.html
EUR/CHF: Awaiting EU Recovery Fund details in the 1.05-1.07 range – Credit Suisse

Analysts at Credit Suisse see a 1.05-1.07 range in EUR/CHF as the most likely outcome for the time being pending further details on the EU Recovery Fu

27 May 09:07 FXStreet 4480975639227705820.html
GBP/USD: Focus on the strong resistance at 1.2360

GBP/USD Wednesday's four-hour chart is painting a bullish picture with clear resistance at 1.2360, as FXStreet’s analyst, Yohay Elam notes. UBS expect

27 May 09:19 FXStreet 4480975640021960666.html
Indians prefer features such as AI camera, fingerprint sensor while purchasing budget smartphone: Study

The features such as Artificial Intelligence (AI) camera, fingerprint sensor and drop notch displays are the most-preferred features for consumers when looking for a budget smartphone, according to a

27 May 09:15 BusinessLine 5283600514972374.html
Power of Attorney given to stock brokers: What’s changing from June 1, 2020?

In the aftermath of the Karvy Stock Broking scandal which revealed misuse of Power of Attorney (PoA) issued by clients in favour of their stock broker, market regulator Securities and Exchange Board o

27 May 09:15 BusinessLine 5283600916835116.html
Demand pick-up key for stimulus package to see desired results, says Sundaram Home Finance MD

One will have to wait for at least a couple of quarters to assess this

27 May 09:12 BusinessLine 5283601775291944.html
Japan PM vows to back corporate financing with second extra budget

TOKYO: Japan's government will provide 140 trillion yen (US$1.3 trillion) to back financing of Japanese firms hit by the economic fallout from the ...

27 May 09:27 CNA 5644198862932756413.html
Consumer Confidence Inches Higher

Consumer Confidence showed a slight improvement in May, rising from 85.7 up to 86.6 but below consensus expectations for a reading of 87.0. All of the improveme

27 May 09:00 Seeking Alpha 5725634556441232828.html
Harvest Health: Licking Its Wounds

Focus on core markets. Cost-cutting and liquidity. Disappointing growth prospects.

27 May 09:44 Seeking Alpha 5725634557100748094.html
Don't Get Ambushed By The FANG/FANMAG Factor

ETFs are supposed to be top-down portfolios oriented toward an asset class, a region, a line of business or a general combination of these. Holders of ETF share

27 May 09:31 Seeking Alpha 5725634557292609153.html
This year ‘a write-off’ for Irish banks – Davy

This year will be “a write-off” for Irish banks, with each of the main Irish financial institutions loss-making, according to a report from Davy Stockbrokers.

27 May 09:44 independent 5894610845428537440.html
Hammerson boss quits weeks after group loses €449m deal

The boss of Dundrum Town Centre co-owner Hammerson has announced plans to step down weeks after a £400m (€449m) deal to sell several sites fell through.

27 May 09:08 independent 5894610846010303785.html
Visa completes Request to Pay pilot trials

Visa has facilitated the first request to pay message sent and received using standards developed by Pay.UK.

27 May 09:11 Finextra 6000504751058962352.html
Robinsons squash buoys Britvic as sales hit by pub closures

Sales of child-friendly brand Fruit Shoot were affected by the lockdown, the company said, as people stayed at home.

27 May 09:37 Jersey Evening Post 6141642774257585895.html
Lengthy housing recovery

Canada Mortgage and Housing Corp. says it expects home prices and sales to decline substantially this year and still won't have recovered by the end of 2022.

27 May 09:46 Castanet 616068602713327383.html
The right economic response to the COVID-19 crisis

Extraordinary measures are needed.

27 May 09:59 The Japan Times 6673764366695442860.html
The end of Europe's Chinese dream

Three developments have led the EU to abandon its goal of closer economic ties.

27 May 09:56 The Japan Times 6673764367102147394.html
Rupee settles 5 paise lower at 75.71 against US dollar

The rupee depreciated 5 paise to settle at 75.71 (provisional) against the US dollar on Wednesday, as market participants were concerned about rising tensions between the US and China amid coronavirus

27 May 09:32 The Hindu 6679535026027585249.html
Toronto Star owner Torstar to be sold, taken private in $52- million deal

TORONTO — Five families that built and grew media conglomerate Torstar Corp. have agreed to hand the newspapers they presided over for roughly 70 years to a Canadian investment firm that plans to take the company private.

27 May 10:43 680News 8014034333863704664.html
EU proposing €750bn recovery fund in response to pandemic crisis

Paolo Gentiloni’s announcement came amid divisions in the bloc.

27 May 10:59 Irishexaminer 8196011180079631851.html
Euro economy facing recession as bad as worst forecasts – ECB president

Christine Lagarde says estimates for milder slump ‘out of date’

27 May 10:27 The Irish Times 8204772967313673647.html
Coronavirus: What is involved in the EU’s recovery plan?

Q&A: What are the main stumbling blocks, and how will the plan affect Ireland?

27 May 10:33 The Irish Times 8204772968292976124.html
EU to propose €750bn Covid recovery package for states

Ireland in line for grants of €1.9 billion in package weighted by how badly economies have been hit

27 May 10:57 The Irish Times 8204772968550878865.html
What is in the EU’s €750bn recovery plan and how will it affect Ireland?

Q&A: What are the main stumbling blocks, and how will the plan affect Ireland?

27 May 10:33 The Irish Times 8204772969236126714.html
Global stocks are mixed after Trump promised ‘interesting’ action against China, while Europe awaits a huge new stimulus package

Global stocks were mixed Wednesday after US President Trump promised “interesting” action on China’s proposed crackdown on Hong Kong by the end of the week, and as European investors wait anxiously for the announcement of a new stimulus package from the European Commission.

27 May 10:04 Business Insider Malaysia 8325046884163397832.html
China to increase international flights if virus under control: regulator

BEIJING (Reuters) - China’s aviation authority will consider increasing international flights as long as imported coronavirus risks are under control, state media China News reported on Wednesday, citing the agency’s deputy director, Li Jian.

27 May 10:36 Reuters 8334514179819871276.html
Cricket: After reports suggesting T20 World Cup in Australia set to be postponed to 2021, ICC denies

The ICC Board is also likely to discuss the issue of tax exemption for the 2021 World T20 in India as BCCI has sought more time.

27 May 10:45 Scroll.in 8669301692388270117.html
Third Iranian Tanker Arrives in Venezuela Under Escort of Bolivarian Navy – Photos

The tanker is one of five Venezuela-bound Iranian vessels making their way to the Latin American nation to ease a gasoline shortage caused by crippling US sanctions.

27 May 10:14 Sputniknews 967333869269435390.html
EU to unveil massive stimulus plan for post-coronavirus recovery

To help member states recover from coronavirus slump.

27 May 11:19 Moneyweb 1092550948057313585.html
Sun Pharma FY20 results: Profit rises 41% to Rs 3,765 crore, sales up 13%

For the fourth quarter ended March 31, 2020 (Q4 FY20), Sun Pharma posted a 37 per cent YoY decline in consolidated profit at Rs 399.8 crore due to one-time loss of Rs 260.6 crore

27 May 11:41 Business Today 1145527430690530484.html
NHAI offers 'COVID loan' to private operators at 2% more than bank rate

The NHAI will disburse 'COVID-19 loan' within 60 days of receiving a valid request from the concessionaire. The loans will be granted only to those parties who are not in default of contractual obligations as on February 19, 2020

27 May 11:02 Business Today 1145527431422373093.html
Metal stocks continue to climb up amidst a volatile market; top stock picks leading brokerage firms

For a second-day straight, metal stocks on the bourses were seen surging higher despite the volatility being faced by the benchmark indices.

27 May 11:50 The Financial Express 1288289579933587177.html
VMLY&R India wins the digital mandate for Colgate-Palmolive

The agency will encompass digital campaign planning, creative thinking, as well as social listening

27 May 11:58 The Financial Express 1288289580504977360.html
Icra expects moderate participation in spectrum auctions up to Rs 60,000 cr

The Centre has budgeted Rs 1.33 trillion as non-tax receipts from the telecom sector for FY2021

27 May 11:48 Business-Standard 1502508924694737689.html
BCCI confident ICC won't commit harakiri by taking away 2021 T20 World Cup

The BCCI was needed to throw light on the tax exemption issue 18 months before the 2021 T20 World Cup which meant the deadline was April

27 May 11:11 Business-Standard 1502508924907025778.html
NCLT approves IL&FS stake sale in GIFT City to Gujarat govt

That sale consideration payable to IL&FS excluding resolution process costs shall be credited into a designated escrow account intimated to the infrastructure lending group

27 May 11:00 Business-Standard 1502508925096396205.html
Rally in financials, F&O expiry: Here's why Sensex rallied 996 points today

NSE's Nifty50 index ended at 9,315, up 286 points or 3 per cent.

27 May 11:11 Business-Standard 1502508925875338321.html
Rupee slips 8 paise to 75.74 against US dollar in early trade

The rupee depreciated 8 paise to 75.74 against the US dollar in opening trade on Wednesday as market participants were concerned about rising tensions between Washington and Beijing in the wake of

27 May 11:12 Deccan Herald 2027555796738935211.html
Kuwait's stocks reclaim some lost ground

But it will take a lot to head back after billions got wiped out in COVID-19 panic

27 May 11:40 Gulf News 2086521544673386555.html
Apple reopens doors to nearly 100 US stores

Apple plans to reopen around 100 of its stores in the US by the end ...

27 May 11:04 Mobile World Live 2109488010446085103.html
Open banking investment higher in the UK than any other European country

Consumers will be able to enjoy greater freedom when using financial products following reforms and growing investment.

27 May 11:50 TechRadar 2111116915221743412.html
Government furlough scheme now covers 8.4 million workers

At least 8.4 million workers are now covered by the government's furlough scheme, up from eight million a week earlier, the Treasury has confirmed. It comes as one million UK businesses have claimed £15 billion from the Government's Coronavirus Job Retention Scheme to cover workers' wages.

27 May 11:44 ITV News 2184971257811829970.html
Why You Shouldn't Worry About Moderna's Recent Insider Selling

No foul, no harm with four of Moderna's top execs selling shares right after the biotech's big news last week.

27 May 11:02 The Motley Fool 2231313657332337926.html
5 Dividend Kings to Buy and Hold Forever

The "forever" part means investors have to think about the longevity of payout growth as well as reliable payments.

27 May 11:15 The Motley Fool 2231313657470891120.html
5 Investment Trends to Profit From a Post-Coronavirus World

A look at some investment themes relevant in the post-COVID-19 world.

27 May 11:31 The Motley Fool 2231313658702310501.html
Is Levi's Stock a Buy?

Stores are starting to reopen, and the stock is trading well off its recent highs.

27 May 11:22 The Motley Fool 2231313658745408952.html
State-owned Chinese company bids to build second UK nuclear plant

The company is blacklisted in the US and its application has created more headaches for UK PM Boris Johnson.

27 May 11:41 Brisbane Times 2314609339550982346.html
Administrators deny South African Airways set to start flying

JOHANNESBURG, May 27 (Reuters) - Administrators at South African Airways (SAA) said on Wednesday the state-owned airline was not preparing to resume domestic flights, rejecting a company statement from a day earlier and underlining conflicting visions of its future.

27 May 11:49 Daily Maverick 2373996788150450026.html
BMO reports Q2 profit down from year ago as provisions for credit losses rise

BMO Financial Group reported a second-quarter profit of $689 million, down from $1.5 billion a year ago, as it increased the amount set aside for bad loans due to the pandemic.

27 May 11:23 CTVNews 2422791597613401991.html
Nissan-Renault alliance to share more parts, technology

The auto alliance of Nissan and Renault said Wednesday it will be sharing more vehicle parts, technology and models to save costs as the industry struggles to survive the coronavirus pandemic.

27 May 11:33 CTVNews 2422791598119079721.html
Royal Bank Q2 profit cut to $1.48 billion compared with $3.23 billion a year ago

A massive increase in provisions for bad loans due to the COVID-19 pandemic resulted in Royal Bank of Canada reporting a 54 per cent decline in its second-quarter profit.

27 May 11:13 CTVNews 2422791598426356315.html
BMO, RBC Q2 profit down from a year ago as provisions for credit losses soar

Bank of Montreal and Royal Bank of Canada both revealed Wednesday that their second-quarter profits had fallen from a year ago amid surges in their provisions for credit losses -- money set aside to account for unpaid or 'bad' loans.

27 May 11:13 CTVNews 2422791598987675703.html
Virgin Galactic Stock Will Reach $30 Again, but the Timeline Is Cloudy

Investors should expect a slow build in SPCE stock with an eye towards an eventual doubling of the share price.

27 May 11:46 InvestorPlace 24614510358622619.html
Don’t Be One of Those People Betting on a Chesapeake Stock Rebound

Speculators are betting there's something for them in Chesapeake's efforts to restructure its debt and keep operating, but CHK stock is dead.

27 May 11:10 InvestorPlace 24614510398079217.html
3 Stocks to Buy After You Take Profits on Wayfair Stock

Wayfair stock benefited from the novel coronavirus and is up big year to date. It’s time to consider other stocks. 

27 May 11:42 InvestorPlace 24614510845556642.html
South Africa marks milestone for emergency power procurement

DMRE has confirmed that South Africa's energy regulator is in agreement with a Ministerial determination for the procurement of 2,000MW of emergency power.

27 May 11:19 ESI-Africa.com 2679729877537981416.html
Future Retail to raise up to Rs 650 crore to reduce debt

The NCDs will be issued on private placement basis in one or more tranches, Future Retail said in a BSE filing.

27 May 11:57 The Indian Express 2885715104809666601.html
States should come forward with Rs 20 lakh crore to battle COVID-19 disruptions: Nitin Gadkari

He further noted that work on national highways has been started on war-footing and the government plans to build highways worth Rs 15 lakh crore in the next two years.

27 May 11:26 The Indian Express 2885715104847106666.html
Stalin demands new TN budget for 2020-21 in view of pandemic

DMK president M.K. Stalin on Wednesday urged Chief Minister Edappadi K. Palaniswami to present a new budget for 2020-21 in view of the crisis caused to the financial health of the state by the COVID-1

27 May 11:11 The Hindu 6679535024965474354.html
Kerala launches BevQ app to sell liquor

ERNAKULAM: A man trekked through the rolling hills of Kerala’s Wayanad some days ago to buy alcohol in a border … Kerala launches BevQ app to sell liquor Read More »

27 May 11:59 ISSCNC 6824315491464081003.html
Japan approves fresh $1.1-trillion stimulus to combat economic impact of coronavirus

The record stimulus of 117 trillion yen, which will be funded partly by a second extra budget, followed another 117 trillion yen package rolled out last month

27 May 11:06 The Globe and Mail 68426410647909865.html
Coronavirus pushes number of S&P credit-downgrade warnings to all-time high

A total of 1,287 of S&P’s ratings are now on a downgrade warning – either with ‘negative outlooks’ where a move might take two years, or on ‘CreditWatch with negative implications’ where the risk is almost immediate

27 May 11:12 The Globe and Mail 68426410851506061.html
RBC profit falls 54% as loan-loss provisions spike amid COVID-19 pandemic

Canada’s biggest bank set aside $2.83-billion in provisions for credit losses, up 558 per cent from $426-million a year ago

27 May 11:12 The Globe and Mail 68426411024339851.html
Bank of New York Mellon Corp Has $28.14 Million Stake in Twist Bioscience Corp (NASDAQ:TWST)

Bank of New York Mellon Corp raised its holdings in Twist Bioscience Corp (NASDAQ:TWST) by 1,085.9% during the first quarter, HoldingsChannel.com reports. The institutional investor owned 920,144 shares of the company’s stock after acquiring an additional 842,556 shares during the period. Bank of New York Mellon Corp’s holdings in Twist Bioscience were worth $28,139,000 as […]

27 May 11:48 Markets Daily 6922190227270374604.html
AMN Healthcare Services, Inc. (NYSE:AMN) Shares Sold by PNC Financial Services Group Inc.

PNC Financial Services Group Inc. cut its stake in shares of AMN Healthcare Services, Inc. (NYSE:AMN) by 6.3% in the first quarter, according to its most recent disclosure with the SEC. The firm owned 38,629 shares of the company’s stock after selling 2,617 shares during the period. PNC Financial Services Group Inc. owned about 0.08% […]

27 May 11:48 Markets Daily 6922190227317780255.html
Russell Investments Group Ltd. Sells 9,634 Shares of First Industrial Realty Trust, Inc. (NYSE:FR)

Russell Investments Group Ltd. cut its stake in shares of First Industrial Realty Trust, Inc. (NYSE:FR) by 7.1% in the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 126,555 shares of the real estate investment trust’s stock after selling 9,634 shares during the quarter. Russell Investments […]

27 May 11:48 Markets Daily 6922190227429463645.html
ETRADE Capital Management LLC Boosts Stake in Heico Corp (NYSE:HEI)

ETRADE Capital Management LLC boosted its holdings in Heico Corp (NYSE:HEI) by 19.2% in the first quarter, according to its most recent filing with the SEC. The institutional investor owned 4,020 shares of the aerospace company’s stock after buying an additional 647 shares during the period. ETRADE Capital Management LLC’s holdings in Heico were worth […]

27 May 11:36 Markets Daily 6922190227492305047.html
Etsy Inc (NASDAQ:ETSY) Shares Sold by Swiss National Bank

Swiss National Bank lessened its holdings in Etsy Inc (NASDAQ:ETSY) by 0.3% during the 1st quarter, Holdings Channel.com reports. The institutional investor owned 229,800 shares of the specialty retailer’s stock after selling 800 shares during the period. Swiss National Bank’s holdings in Etsy were worth $8,834,000 as of its most recent filing with the Securities […]

27 May 11:36 Markets Daily 6922190227586548108.html
Five9 Inc (NASDAQ:FIVN) Shares Purchased by Swiss National Bank

Swiss National Bank boosted its holdings in Five9 Inc (NASDAQ:FIVN) by 2.1% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 118,500 shares of the software maker’s stock after acquiring an additional 2,400 shares during the quarter. Swiss National Bank owned […]

27 May 11:36 Markets Daily 6922190227788833030.html
Rhumbline Advisers Purchases 7,594 Shares of Meritage Homes Corp (NYSE:MTH)

Rhumbline Advisers lifted its position in shares of Meritage Homes Corp (NYSE:MTH) by 6.0% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 134,215 shares of the construction company’s stock after purchasing an additional 7,594 shares during the period. Rhumbline Advisers owned […]

27 May 11:48 Markets Daily 6922190227874198574.html
Russell Investments Group Ltd. Sells 40,321 Shares of AMN Healthcare Services, Inc. (NYSE:AMN)

Russell Investments Group Ltd. reduced its holdings in AMN Healthcare Services, Inc. (NYSE:AMN) by 36.7% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 69,520 shares of the company’s stock after selling 40,321 shares during the period. Russell Investments Group Ltd. owned approximately 0.15% […]

27 May 11:48 Markets Daily 6922190228229973617.html
Swiss National Bank Acquires 2,800 Shares of Aecom (NYSE:ACM)

Swiss National Bank raised its holdings in shares of Aecom (NYSE:ACM) by 0.9% in the first quarter, HoldingsChannel.com reports. The firm owned 304,680 shares of the construction company’s stock after buying an additional 2,800 shares during the period. Swiss National Bank’s holdings in Aecom were worth $9,095,000 as of its most recent SEC filing. A […]

27 May 11:36 Markets Daily 6922190228327811548.html
Russell Investments Group Ltd. Purchases 14,252 Shares of SPS Commerce, Inc. (NASDAQ:SPSC)

Russell Investments Group Ltd. boosted its position in SPS Commerce, Inc. (NASDAQ:SPSC) by 18.7% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 90,380 shares of the software maker’s stock after purchasing an additional 14,252 shares during the period. Russell Investments […]

27 May 11:48 Markets Daily 6922190228941023389.html
Preparations in Full Swing as West Bengal to Resume Domestic Flight Operations From Tomorrow

Starting from May 28, the Kolkata and Bagdogra airports will each handle 10 arrivals and 10 departures per day.

27 May 11:16 India News, Breaking News, Entertainment News | India.com 7150386084255365930.html
A Historically Accurate WMA Indicator Suggests Bitcoin is at Risk of a 50% Pullback

A historically accurate technical indicator is warning about a 50 percent bitcoin price crash in the coming months.

27 May 11:27 NewsBTC 7232133510993202203.html
EU's financial 'firepower' is 1.85 trillion with 750bn for COVID fund

Of the 750 billion euro recovery fund, the 500 billion euros would be given to EU countries as grants, the remaining 250 billion euros would be available as loans."

27 May 11:29 euronews 7318238120505917921.html
McDonald’s to reopen more than 1,000 restaurants by next week

The chain said it closed some drive-thru lanes last week after soaring demand impacted local communities or staff and customer safety.

27 May 11:46 Express & Star 7324224459588185901.html
One million businesses claim £15bn from Government furlough scheme

HMRC said more than £6.8bn has been claimed via 2.3 million applications from those who are self-employed and unable to work.

27 May 11:08 Express & Star 7324224459700370927.html
Crypto.com Expands Card To 31 Countries

i2c Inc. has unveiled a partnership to power the expansion of Crypto.com's crypto ecosystem, which consists of a Visa crypto debit card and a wallet app.

27 May 11:05 PYMNTS.com 7357138824806930627.html
Report: AfDB succumbs to US’ demand, agrees to independent probe of Adesina

This comes after US treasury secretary rejected the report of the bank's ethics board which absolved Adesina of allegations of favouritism.

27 May 11:17 TheCable 7513571675836592306.html
Export of Irish beef to China temporarily suspended

The Department of Agriculture has confirmed that the export of Irish beef to China has been suspended temporarily after a 14-year-old cow tested positive for 'Atypical BSE'.

27 May 11:35 RTE.ie 7595237278427560583.html
Metal stocks to benefit in a big way if China announces another stimulus: Ajay Bagga

‘Tractors and two wheelers will continue to do well as rural economy is in robust health

27 May 11:53 The Economic Times 7653256036779876360.html
Tech View: Nifty close above 20-DMA may be signalling new leg of upswing

Nifty may face resistance at 9,500 level and have support near 9,250, said analysts.

27 May 11:33 The Economic Times 7653256036852897441.html
China to roll out eleven measures to deepen financial reforms

The measures would include accelerating capital replenishment of small and medium-sized banks, further opening up the credit rating sector, promoting the steady development of the "panda bond" market, and stepping up crackdown on financial irregularities.

27 May 11:49 The Economic Times 7653256038205690421.html
Coronavirus pushes global credit rating downgrade threat to record high

A total of 1,287 of S&P's ratings are now on a downgrade warning.

27 May 11:07 The Economic Times 7653256038413407497.html
Virus sparks record drop in energy investment: IEA

The Paris-based International Energy Agency (IEA) estimated the plunge will be of the order of one-fifth from 2019 levels, or almost $400 billion.

27 May 11:56 The Jakarta Post 7678601102952363658.html
The rise of digital taxes during a pandemic

 This measure could also become a new source of state revenue during the enormous tax relaxation given by the government to business sectors affected by the COVID-19 pandemic.

27 May 11:28 The Jakarta Post 7678601102990737889.html
Tokocrypto 2.0 powered by Binance Cloud

Tokocrypto has launched Tokocrypto 2.0, an upgraded cryptocurrency exchange powered by Binance Cloud.

27 May 11:28 The Jakarta Post 7678601103926703550.html
Greggs is reopening branches next month after successful trials

Greggs fans will once again be able to get their breakfast or pasty fix

27 May 11:03 Liverpool Echo 7727211172879363615.html
Sebi again extends deadline to apply for 147 senior-level vacancies amid Covid-19

Markets regulator Sebi has again extended the deadline to apply for the post of 147 senior-level executives by two months till July 31 in the wake of coronavirus pandemic.

27 May 11:04 The Hans India 817019415307951879.html
10 things you need to know before the opening bell

Here’s what you need to know before the markets open.

27 May 11:58 Business Insider Malaysia 8325046882190153142.html
The EU plans a record-breaking new stimulus package of $826 billion to soothe Europe’s economic pain from the coronavirus

The European Commission unveiled a planned deployment of 750 billion euros ($826 billion) on Wednesday as part of its new long-term budget and recovery plan to help fight the impact of the coronavirus on the continent’s economy.

27 May 11:02 Business Insider Malaysia 8325046882964888206.html
10 things you need to know before the opening bell

Here’s what you need to know before the markets open.

27 May 11:58 Business Insider Malaysia 8325046883621256363.html
Why U.S. energy CEOs will get big payouts despite oil meltdown

BOSTON/NEW YORK (Reuters) - National Oilwell Varco Inc (NOV) has had a rough few years: Since 2017, the Houston company, whose drilling equipment is in major oilfields worldwide, has lost two-thirds of its value, costing shareholders a combined $9 billion.

27 May 11:11 Reuters 8334514179995087481.html
Factbox: Key spending in Japan's second stimulus package of $1.1 trillion

TOKYO (Reuters) - Japan’s cabinet approved on Wednesday a fresh stimulus package worth $1.1 trillion, among the world’s largest fiscal plans to cushion the economic blow from the coronavirus pandemic.

27 May 11:12 Reuters 8334514180734302421.html
Japan approves fresh $1.1 trillion stimulus to combat pandemic pain

TOKYO (Reuters) - Japanese Prime Minister Shinzo Abe’s cabinet approved on Wednesday a new $1.1 trillion stimulus package that includes significant direct spending, to stop the coronavirus pandemic pushing the world’s third-largest economy deeper into recession.

27 May 11:12 Reuters 8334514180918881229.html
Coronavirus pushes global credit rating downgrade threat to record high

LONDON (Reuters) - The number of companies or countries at risk of having their credit ratings cut has been pushed to an all-time high by the coronavirus pandemic, S&P Global analysis shows.

27 May 11:14 Reuters 8334514181290009081.html
Top investor in Italy's Nexi cuts stake as M&A looms

MILAN (Reuters) - The top investor in Nexi has sold 8.8% of the Italian payments group, cutting its holding in a move seen by investors as easing the way for a long-awaited potential merger with rival SIA.

27 May 11:28 Reuters 8334514181733484399.html
Dynamic Coin Offering (DCO) Promises Investor-Friendly Token Crowdfunding Mechanism

The days of the old and risky crowdfunding mechanisms in the cryptocurrency industry, including ICO, STO, and IEO, could be numbered. The secure DYCO (Dynamic Coin Offering) framework promises to safeguard retail investors from the inefficiencies of the yesteryear crowdfunding mechanisms.

27 May 11:00 BTC Manager 8549607151798664842.html
Dynamic Coin Offering (DYCO) Promises Investor-Friendly Token Crowdfunding Mechanism

The days of the old and risky crowdfunding mechanisms in the cryptocurrency industry, including ICO, STO, and IEO, could be numbered. The secure DYCO (Dynamic Coin Offering) framework promises to safeguard retail investors from the inefficiencies of the yesteryear crowdfunding mechanisms.

27 May 11:00 BTC Manager 8549607152337454283.html
Las Vegas casino reopening ‘major milestone’ for city, industry

While not all properties in the state will take advantage of the initial opening date, several operators said they’re excited to open their doors to guests.

27 May 11:58 Las Vegas Review-Journal 8640648837069542785.html
BitGo Launches Crypto Brokerage for Institutions

BitGo, a crypto financial services platform, has announced the launch of its prime brokerage platform, offering digital asset trading services to its institutional clients.

27 May 11:00 Finance Magnates 8992138264794262522.html
Central Bank of Russia Cancels Banking Licence of Morgan Stanley

The Central Bank of the Russian Federation has issued an order this Wednesday revoking the banking licence of Morgan Stanley Bank LLC, effective today.

27 May 11:29 Finance Magnates 8992138265237169349.html
Natixis IM Makes Strategic Investment in UK Savings Fintech

Smart, a UK-based savings technology company, has announced on Tuesday that it received a strategic investment from Natixis Investment Managers, a French investment bank.

27 May 11:32 Finance Magnates 8992138266247985001.html
Toronto Star owner Torstar to be sold, taken private in deal worth $51-million

The move comes as the country’s top media executives meet with the federal government in Ottawa to discuss the industry’s plight

27 May 02:25 The Globe and Mail 68426410801295933.html
Australian construction work fell in Q1

The ABS has released data on the value of construction work done for the March quarter of 2020, which registered another 1.0% seasonally-adjusted decline in total construction activity over the quarter – the seventh consecutive quarterly decline – and a 6.5% decrease over the year:

27 May 02:05 MacroBusiness 6890797928973504223.html
Business, unions decide reform is too hard

Big news: nothing will happen! At New Daily:

27 May 02:52 MacroBusiness 6890797929584877976.html
Amazon in talks to buy driverless car start-up Zoox

Acquisition would be first by ecommerce group of an autonomous vehicle company

27 May 02:54 Ft 707176888298170415.html
Japan eyes fresh $1.1 trillion stimulus to combat pandemic pain

Japan will compile a fresh stimulus package worth $1.1 trillion that will include a sizable amount of direct spending to cushion the economic blow from the coronavirus pandemic, a draft of the budget obtained by Reuters showed on Wednesday. The stimulus, which will be funded partly by a second extra

27 May 02:13 Yahoo 7097669638763027423.html
EnergyWare, LLC Extends Thanks to Its Customers

SUNRISE, Fla., May 26, 2020 /PRNewswire/ -- While the country is responding to the coronavirus pandemic, and close to 30 million Americans have fi...

27 May 02:45 finanzen.ch 7109331835526454177.html
NordStar Capital to Acquire Torstar

NordStar has secured approval from Torstar's Board of Directors and the support of a significant majority of Torstar's Voting Trust and its larges...

27 May 02:44 finanzen.at 7258357742932240365.html
China’s Meal Delivery Service Meituan Now Valued At $100B

Hong Kong's Meituan, a food delivery service, has hit a valuation of $100 billion, making it only the third Chinese firm to achieve that high of a value.

27 May 02:51 PYMNTS.com 7357138825669554116.html
EU proposes €750 billion coronavirus recovery fund

The European Commission has proposed a recovery fund of €750 billion, which it says is designed to repair the economic damage caused by the coronavirus pandemic.

27 May 02:20 RTE.ie 7595237278664615233.html
EU to unveil massive stimulus plan for post-coronavirus recovery

The aim is to help countries and sectors worst hit by the COVID-19 pandemic recover quickly and protect the EU single market of 450 million people from being splintered by divergent economic growth and wealth levels as the 27-nation bloc emerges from its deepest ever recession expected this year.

27 May 02:55 The Economic Times 7653256036561760564.html
Latest rate cut is adding to record corporate bond sales

Policy steps to channel more funds to smaller borrowers have struggled to gain traction.

27 May 02:57 The Economic Times 7653256037601449585.html
Mega lockdown puts India’s animal spirits to sleep in April

The numbers offered the first glimpse of the devastating hit to the economy.

27 May 02:35 The Economic Times 7653256038227400890.html
Ola Financial gets Rs 205 crore from Falcon Edge, Matrix Partners

Apoletto Managers, the and Arun Sarin's family office also participated in the round. This deal closed at a valuation of $250 million, according to two people directly aware of the matter.

27 May 02:26 The Economic Times 7653256038347642852.html
Hong Kong's future as China's gateway to the West is under threat

China plans to enact new security laws for Hong Kong this week, despite threats from the US that could wreck Hong Kong's status as a global financial and trade centre.

27 May 02:01 The Age 7967730562652415188.html
[Monitor] Air transport hit hardest by pandemic

The production performance of many Korean companies was found to have deteriorated in the first quarter this year due to the global economic downturn and the impact of the pandemic, latest data showed Wednesday. Local corporate tracker CEOScore surveyed 127 companies, which submitted quarterly reports and disclosed their production capacity and performance, among the nation’s top 500 companies. According to...

27 May 02:26 Koreaherald 8029273603768678975.html
Amtrak set to cut up to 20% of workforce by October

Amtrak is preparing to cut up to 20% of its workforce in the next fiscal year as the national railroad continues to suffer from a huge decline in ridership...

27 May 02:27 MarketWatch 8975941548546565814.html
Modi govt denying people benefit of low oil prices; no other nation doing so: Moily

When nations around the world have passed on the benefit of plunging oil prices to consumers, the Modi government has irrationally kept petrol and diesel prices at levels prevalent when crude prices had touched an all-time high of USD 107 few years back, former petroleum minister M Veerappa Moily said Tuesday.

27 May 02:19 Free Press Journal 9080771787869178578.html
Govt drops plan of suspending banknotes’ varnishing

SBP gave propos­al on fear of machin­ery breakd­own during pandem­ic

27 May 03:48 The Express Tribune 1105816787040746951.html
Sugar price remains at high levels

Sweete­ner costs more despit­e ongoin­g cane harves­ting, sugar produc­tion season­

27 May 03:41 The Express Tribune 1105816787875515957.html
Coronavirus impact: Indian economy to contract 5% in FY21, says Fitch Ratings

Fitch expects output in emerging markets, excluding China, to fall by 4.5 per cent this year compared to a predicted fall of 1.9 per cent before

27 May 03:02 Business Today 1145527432369102672.html
Asian markets in retreat as China-US tensions return to fore

Markets are concerned about another flare-up in Hong Kong on a controversial security law

27 May 03:42 Gulf News 2086521544964428227.html
COVID-19 response: DIFC to gradually reopen businesses from Wednesday

Offices and retail outlets will operate with certain restrictions and health protocols

27 May 03:12 Gulf News 2086521545279573817.html
National's new agriculture spokesperson David Bennett accuses Government of using farmers to just 'pay the bills'

David Bennett took over the position of spokesperson after Todd Muller became the party's new leader.

27 May 03:50 Newshub 2131266986658164673.html
Players call MLB economic proposal 'extremely disappointing'

Baseball stars Mike Trout and Gerrit Cole would lose more than 77 per cent of their salaries under a sliding-scale proposal by big league teams that players found 'extremely disappointing.'

27 May 03:16 CTVNews 2422791598199976836.html
10 Stocks to Buy as They Ride a Coronavirus Tailwind

These names are either heavily discounted or are actually riding high on the outbreak.

27 May 03:31 InvestorPlace 24614510750078998.html
Japan eyes fresh $1.1 trillion stimulus to combat pandemic pain

To fund the costs, Japan will issue an additional 31.9 trillion yen in government bonds under the second supplementary budget for the current fiscal year ending in March 2021, according to the draft.

27 May 03:28 The Indian Express 2885715104574672605.html
Experience with GST holds valuable lessons for One Nation One Ration Card

If done well, One Nation, One Ration Card, could lay the foundation of a truly national and portable benefits system that includes other welfare programmes like LPG subsidy and social pensions.

27 May 03:44 The Indian Express 2885715105773080246.html
No-touch new car buyers drive towards Let's Haggle

An online business backed by a Sydney investment banker is seeing some tentative signs of life in a new car market hit hard by COVID-19.

27 May 03:22 Australian Financial Review 3974284486709002538.html
Checkout.com buys Perth-based Pin Payments

Another global online payments firm has entered Australia to challenge big bank relationships with retailers in the post COVID-19 economy.

27 May 03:21 Australian Financial Review 3974284486852751621.html
Pratt: tap super to fuel a manufacturing recovery

Corporate leaders including the Visy boss say exploiting competitive advantages is the key to reviving manufacturing that could lead Australia out of the coronavirus downturn.

27 May 03:13 Australian Financial Review 3974284487500125686.html
Distressed real estate market beckons opportunistic buyers

Blackstone Group, Kayne Anderson Capital Advisors and other investment firms are sitting on roughly $US300 billion of equity ready for deployment in the US market.

27 May 03:43 Australian Financial Review 3974284488077223397.html
India could lose 2021 T20 World Cup hosting rights as BCCI fails to secure tax exemption

The 2021 T20 World Cup is scheduled to be held in India between October-November as the official replacement for the ICC Champions Trophy next year.

27 May 03:56 India Today 4286117813752722104.html
USD/INR Price Analysis: Indian Rupee consolidating in a narrowing price range

USD/INR fell by 0.38% on Tuesday, keeping intact a four-week-long narrowing price range represented by trendlines connecting April 30 and May 12 lows

27 May 03:12 FXStreet 4480975638186473743.html
EUR/USD put bias weakest in over two months, risk reversals show

One-month EUR/USD risk reversals (EUR1MRR), a gauge of calls to puts on the single currency, jumped to -0.125 on Tuesday. A negative print implies tha

27 May 03:31 FXStreet 4480975638413502403.html
China expands scope of Hong Kong security legislation – Reuters

Citing the stories from the Chinese media outlets, RTHK and the South China Morning Post (SCMP) on Wednesday, Reuters reports that Beijing has widened

27 May 03:29 FXStreet 4480975639314382914.html
ECB’s Schnabel: Not adjusting monetary policy in any way in response to German court ruling

In an interview with the Financial Times (FT), Isabel Schnabel, Member of the Executive Board at European Central Bank (ECB), said dismissed the impli

27 May 03:20 FXStreet 4480975639386134693.html
Virtual Courts: A new normal

“The legal system as a whole has to adapt and re-engineer itself, technologically, to face challenges of the times. India has complex problems and

27 May 03:30 Greater Kashmir 4662909092763352090.html
Coronavirus lockdown: Kerala to open liquor shops from tomorrow

The Kerala government has lauched the BevQ mobile app for virtual queue management of the liquor sale.

27 May 14:14 India Today 4286117814336867631.html
Fed's Williams: May or June could be low point for economy

There is a lot of uncertainty about how the economy will evolve but there could be a significant rebound in the second half of 2020, New York Federal

27 May 14:21 FXStreet 4480975638069221866.html
Wall Street opens mixed, falling tech shares weigh on Nasdaq

Following Tuesday's impressive rally, Wall Street's main indexes started the day on a mixed tone on Wednesday. As of writing, the Dow Jones Industrial

27 May 14:02 FXStreet 4480975638081576232.html
Moderately higher inflation in response to bigger debt levels – UBS

The world will emerge from COVID with considerably higher levels of debt while will be left structurally less global by the crisis, spurring on the de

27 May 14:49 FXStreet 4480975638106410655.html
A particular opportunity in Chinese stocks – UBS

Economists at UBS forecast a U-shaped recovery and expect Chinese equities to outperform developed markets. Key quotes “In our central scenario, we se

27 May 14:27 FXStreet 4480975638121630610.html
Gold Price News and Forecast: XAU/USD at $1,700 again [Video]

With broad risk appetite turning positive in recent sessions, we have seen gold slipping lower. The positive near term outlook been gradually replaced

27 May 14:02 FXStreet 4480975639092523996.html
EUR/USD Price Analysis: Bulls await a sustained move beyond 200-day SMA

The EUR/USD pair rallied nearly 100 pips from an intraday low level of 1.0934 and jumped to the highest level since early April. Bulls, however, strug

27 May 14:19 FXStreet 4480975639312596881.html
Germany's Scholz: Very likely that we will get an agreement on EU recovery plan

Commenting on the European Commission's proposed recovery plan, German Finance Minister Olaf Scholz said that the proposals build on what France and G

27 May 14:41 FXStreet 4480975639447653660.html
Researchers develop rapid electro-optical test to identify COVID-19 carriers

Ben-Gurion University of the Negev's Prof. Gabby Sarusi has developed a one-minute electro-optical test of nose, throat, or breath samples that will identify both asymptomatic and affected carriers of the COVID-19 virus in under one minute with greater than 90% accuracy.

27 May 14:25 News-Medical.net 4522523031533098682.html
Challenger insurers are doing better than banks during COVID-19 

In recent weeks, the coronavirus pandemic has become a catalyst for digital solutions. One area where growth has been strongest is with challenger insurance startups, who are disrupting the traditional insurance market.

27 May 14:06 Digital Journal 4566489172079293167.html
BCCI confident ICC won't commit harakiri by taking away 2021 T20 World Cup

The BCCI was needed to throw light on the tax exemption issue 18 months before the 2021 T20 World Cup which meant the deadline was April.

27 May 14:45 The New Indian Express 4718288654416094935.html
Reliance Industries Rights Entitlement shares jump 11% on Day 5 on high volumes

With just two more trading sessions to go, the de-materialised trading of Reliance Industries Ltd - Rights Entitlement (RIL-RE) on Wednesday closed with a 11 percent gain over the previous day

27 May 14:04 Firstpost 4760741711738228630.html
Motorsport UK aims to resume racing activities from 4 July without spectators

Motorsport UK suspended all its events throughout the country from March to the end of June due to the COVID-19 pandemic.

27 May 14:39 Firstpost 4760741713041056520.html
COVID-19 impact: Supercar group McLaren to cut 1,200 jobs across group; cancellation of motorsport events hurt revenue

McLaren are the second most successful team after Ferrari in the sport’s history and gave Mercedes’ six-times world champion Lewis Hamilton his debut in 2007.

27 May 14:52 Firstpost 4760741713298003496.html
Cruise stocks soar 10% as reopening optimism lifts virus-slammed industries, Business Insider - Business Insider Singapore

Business Insider - Cruise companies were among the hardest hit by the pandemic, as infamous vessel outbreaks led analysts to fear a prolonged downturn for the sector.. Read more at businessinsider.sg

27 May 14:32 www.businessinsider.sg 5090408756742064327.html
UTB to market Uganda as safest destination after COVID-19

Kampala, Uganda | THE INDEPENDENT | The Uganda Tourism Board (UTB) has unveiled plans to aggressively market Uganda as the safest destination to visit after the COVID-19 but also re-brand destination Uganda. UTB Chief Executive Officer Lilly Ajarova said that the COVID-19 pandemic has put the world tourism sector back to the same level and …

27 May 14:30 The Independent Uganda: 5099025990603513555.html
Bill to regulate mobile money transactions gets committee nod

Kampala, Uganda | THE INDEPENDENT | The Finance Committee of Parliament has approved a bill which seeks to provide for supervision and oversight of mobile money transactions. Currently, Uganda does not have a comprehensive payment system law. As a result, there is limited regulation and oversight of payment systems and inadequate protection of payment and …

27 May 14:50 The Independent Uganda: 5099025991025094354.html
Torstar shares climb after privatization deal with NordStar Capital

TORONTO — Shares of Torstar Corp. jumped more than 50 per cent in early trading after the media giant struck a $52-million deal to be bought by a firm operated by two Canadian businessmen.

27 May 14:15 KitchenerToday.com 52741010221152674.html
‘We are experiencing unprecedented shifts in consumer attitudes’

Facebook India-BCG report reveals steps businesses can take in the new normal

27 May 14:50 BusinessLine 5283600206685397.html
Medical masks, gloves, PPE makers pitch for resumption of exports

Exporters want to attract buyers from US, Europe who are moving away from China

27 May 14:52 BusinessLine 5283600408939870.html
BMS to seek Opposition MPs’ help against Centre’s move on labour laws

Five key points including plight of migrant workers, unfair labour laws to be brought up

27 May 14:52 BusinessLine 5283601701681827.html
Hawke’s Bay Regional Council Plans A Climate Smart Economic Recovery

Hawke’s Bay’s Regional Council is focussed on stimulating a climate smart recovery to address the economic challenges facing the region from both COVID-19 and the drought.

27 May 14:28 SCOOP 5315658999422491746.html
Australian Custom Tailoring Start-up InStitchu Expands Into Women’s Wear

The company anticipates its custom-tailored women's wear offer could account for 30 to 50 percent of its business within 12 to 18 months.

27 May 14:16 WWD 5490910667674176210.html
Online booze orders flying in ahead of move to lockdown level 3

South Africans rush to place alcohol orders online

27 May 14:35 SowetanLIVE 5541808689585257924.html
Gambling craze invades Zimbabwe

Gambling has conventionally always been frowned upon as a social vice and vanity. Where it occurred, it was limited to the state lottery, horse betting, pink lo...

27 May 14:21 Bulawayo24 News 5565663539586664956.html
Administrators deny South African Airways set to start flying

South African Airways (SAA) aims to resume domestic flights between Johannesburg and Cape Town from mid-June as lockdown restrictions aimed at ...

27 May 14:25 CNA 5644198862742675614.html
Commentary: China's tensions could boost Hong Kong's stock exchange

HKEX’s next chief will have to manage a tricky relationship with Beijing, says the Financial Times’ Henny Sender.

27 May 14:08 CNA 5644198862794547714.html
Drugmaker Sanofi to raise over US$11 billion via sale of Regeneron shares

Sanofi will raise over US$11 billion from the sale of 21.6 million shares in its U.S. partner Regeneron, the French drugmaker said on Wednesday, ...

27 May 14:00 CNA 5644198863841280646.html
International Flavors & Fragrances: Growth On Pause Due To Pandemic

In Q1, IFF delivered low-single-digit revenue growth despite the double-digit contraction in a few product categories. The company's cash from operations and FC

27 May 14:13 Seeking Alpha 5725634556020187003.html
Arbor Realty Trust: Undervalued

Q1 earnings were released on May 8, 2020, with the company posting solid figures. The company's performance seems set to improve in Q2 based on current trends.

27 May 14:52 Seeking Alpha 5725634556278092654.html
Upwork: Must Grow Faster

After slowing down in the second half of 2019, Upwork reaccelerated its growth in Q1 2020. Marketplace revenue made up 90% of the business and grew by 24% YoY.

27 May 14:13 Seeking Alpha 5725634556724497099.html
Bank of Montreal (BMO) CEO Darryl White on Q2 2020 Results - Earnings Call Transcript

Bank of Montreal (NYSE:BMO) Q2 2020 Earnings Conference Call May 27, 2020, 07:15 ET Company Participants Jill Homenuk - Head, IR Darryl White - CEO & Direct

27 May 14:54 Seeking Alpha 5725634557226518041.html
Pure Gold Mining: A Look At The Valuation After This Advance

Pure Gold Mining is one of the top-performing gold juniors with a more than 50% return year to date. The company is more than fully-funded to complete construct

27 May 14:57 Seeking Alpha 5725634557319133152.html
PICK Is The Pick Of The Litter For Inflationary Times

The ETF holds the cream of the crop. If 2008-2011 is a model, PICK will perform. Early 2016 through early 2018 shows the potential. Diversify risk with PICK. In

27 May 14:34 Seeking Alpha 5725634557581498329.html
Chico's FAS: Too Early To Invest In This Turnaround

Chico's FAS's financials have been in bad shape for several years. The company has several foundational problems that make its future survival challenging. A ne

27 May 14:06 Seeking Alpha 5725634557677630383.html
HEICO Beats Again, But Caution Is Warranted

HEICO has beat EPS and revenue estimates for the 10th consecutive quarter despite a slowdown in commercial aircraft orders. This is good news, but Q3 and Q4 wil

27 May 14:52 Seeking Alpha 5725634557955615742.html
Tesla price target raised over Fremont’s reopening, strong Model 3 demand in China

Tesla (NASDAQ: TSLA) received a higher price target from Dan Ives of Wedbush Securities on Wednesday morning, with the analyst putting his estimates at $800 a share. His previous mark was roughly a third less than his updated price target. Ives’ increase in the price target for TSLA stock is based on his opinion that […]

27 May 14:56 Teslarati 613467574493899652.html
Dairy remains ‘resilient’ due to business model

JERSEY’S dairy industry is ready to bounce back after the Covid-19 crisis and continues to be ‘resilient’ due to its mix of local and export markets, an industry spokesman has said.

27 May 14:09 Jersey Evening Post 6141642774283916564.html
Trigon Metals acquires copper-silver project in Morocco

Trigon Metals is set to acquire a 100% equity interest in Technomine Africa. Technomine owns a 100% interest in the Silver Hill Project in Morocco.

27 May 14:40 Mining Technology 639193375624294507.html
Economic Update: Fitch Ratings cuts GDP forecasts again – McKinsey see opportunities for a greener recovery

27 May Fitch Ratings has made further cuts to world GDP forecasts in its latest Global Economic Outlook (GEO). Brian...Read More...

27 May 14:23 Mining Technology 639193377039084630.html
Australian Dollar Hit by News China will Now Target Aussie Coal Exports

The Australian Dollar turned sharply lower against the Pound, Euro and U.S. Dollar as well as the majority of its G10 peers amidst signs China was looking to ramp up economic pressure on Australia

27 May 14:51 The Pound Sterling Live 6614579507517233131.html
India's GDP growth may rebound to 5% in FY22: Former RBI chief Subbarao

Rating agency Crisil on Tuesday had said the Indian economy may shrink by 5% in fiscal 2021, adding this recession could be the country's fourth since Independence and perhaps the worst to date

27 May 14:22 Livemint 6614605818577044206.html
Relief distributed to airport workers

TIRUCHI About 100 labourers, including trolley retrievers, canteen and other contract employees, working at the Tiruchi International Airport were given essential commodities worth ₹1,000 each in view

27 May 14:03 The Hindu 6679535025195969370.html
Property tax hike issue to betaken up in Cabinet meeting

Minister in-charge of Dharwad district Jagadish Shettar has promised to take up the property tax hike issue in the next Cabinet meeting and discuss the matter with the Urban Development Minister. Addr

27 May 14:31 The Hindu 6679535026081941356.html
How passenger numbers collapsed at Stansted Airport in lockdown

Passenger numbers at Stansted Airport collapsed by more than 99 per cent in the first full month of the lockdown, new figures reveal.

27 May 14:41 East Anglian Daily Times 681138150836013598.html
Ingenia puts funding boost to work

The owner of affordable housing communities buys two assets, and expects its holiday parks to get a boost as restrictions lift.

27 May 07:27 Australian Financial Review 3974284486422524401.html
Investors sell up as rental stress rises

Rental stress rose in most cities despite the JobSeeker and JobKeeper grants, prompting investors to consider selling up.

27 May 07:48 Australian Financial Review 3974284487338417269.html
RBA governor expected to be more upbeat

Reserve Bank governor Philip Lowe has been talking up the economy and mentioned the word "confidence" in his last public appearance no less than seven times.

27 May 07:25 Australian Financial Review 3974284487364328575.html
Geopolitical time bomb ticks under market rally

Rising geopolitical tensions, especially between the US and China, could test the muscular global rally and hopes for a V-shaped economic recovery.

27 May 07:19 Australian Financial Review 3974284487450888230.html
NSW to kick-start renewable energy investment

NSW has called on business to pitch for its $4.4 billion renewable energy zone to kick-start investment amid a slowdown in new wind and solar commitments.

27 May 07:10 Australian Financial Review 3974284487932159038.html
Australian businesses in China urge focus on 'common ground'

While openly confident about trade between the two countries, executives on the ground in China privately fear action beef and barley shipments could be just the beginning.

27 May 07:20 Australian Financial Review 3974284488305689765.html
Detroit to Get Mask Factory With Investment From Bangladesh

Bangladesh’s Beximco Group will set up a plant in Detroit to make masks as demand for protective gear in the U.S., the nation with the most coronavirus cases, surges.

27 May 07:11 Bloomberg.com 4032480122670705775.html
TN inks mega investment pacts worth Rs 15,000 crore

Tamilnadu today signed MoUs with multiple companies which are keen to invest in the State. Continue Reading →

27 May 07:07 News Today 4115950001388641784.html
Energy giant SSE sets out a greenprint for clean recovery

Perth based energy giant SSE has called on the UK Government to greenlight billions of pounds of private investment in low carbon infrastructure to help the economy rebound from the impact of the coronavirus pandemic.

27 May 07:30 The Courier 4275302768895939766.html
USD/CNH faces further upside pressure – UOB

FX Strategists at UOB Group expect USD/CNH to edge higher in the near term. Key Quotes 24-hour view: “USD traded between 7.1355 and 7.1491 yesterday,

27 May 07:53 FXStreet 4480975638385438575.html
EUR/USD: A close above the 200-day ma at 1.1012 to fuel upside potential – Commerzbank

EUR/USD has rallied higher and attention has reverted to the 200-day ma and its current May high at 1.1012/19, as Commerzbank’s Karen Jones notes. OCB

27 May 07:31 FXStreet 4480975638620970895.html
The reluctance of the Germans and the Dutch to the eurozone investment fund is incomprehensible – Natixis

A large European investment fund would help to bridge the gap in public and corporate investment in many euro-zone countries, finance the energy trans

27 May 07:06 FXStreet 4480975638660056529.html
EUR/USD: The 1.1012 200-day ma to cap advances – OCBC

The EUR/USD may be headline-driven, as the Franco-German virus recovery plan is tabled for discussion today. Terence Wu, an FX strategist at OCBC Bank

27 May 07:12 FXStreet 4480975638978760417.html
USD/JPY on the defensive around mid-107.00s, below 50-DMA

The USD/JPY pair extended its sideways consolidative price action on Wednesday and remained confined in a narrow trading band around mid-107.00s. The

27 May 07:46 FXStreet 4480975639023441947.html
AUD/USD trades with modest losses, just below mid-0.6600s

The AUD/USD pair edged lower on Wednesday and retreated further below mid-0.6600s, eroding a part of the previous day's strong positive move to 2-1/2-

27 May 07:19 FXStreet 4480975639037262057.html
US Dollar Index treading water above 99.00

The US Dollar Index (DXY), which gauges the buck vs. a bundle of its main competitors, has managed to bounce off recent lows in sub-99.00 levels and r

27 May 07:33 FXStreet 4480975639189590230.html
GBP/USD: Supported but with no room to rise – OCBC

The GBP got a leg higher as BoE’s Haldane provided support for the pound after saying a rate cut to negative is not imminent, forcing the market cut b

27 May 07:26 FXStreet 4480975639321850330.html
China’s Foreign Ministry: Will take necessary countermeasures to foreign interference

China’s Foreign Ministry: Will take necessary countermeasures to foreign interference more to come ....

27 May 07:33 FXStreet 4480975639482783291.html
Economists: UK economy to face 5% annual deficit by 2024 – FT

According to calculations based on forecasts by independent economists, UK is likely to incur an annual deficit of 5% national income by the time of t

27 May 07:14 FXStreet 4480975639739950899.html
JP Morgan's chief economist optimistic about Taiwan's growth

Global investment bank forecasts Taiwan will have better financial rebound than most of world

27 May 07:56 Taiwan News 4737573345869679125.html
$100 utilities credit to thank Singaporeans for staying home during circuit breaker

$100 utilities credit to thank Singaporeans for staying home during circuit breaker

27 May 07:10 The Independent 5308065341820177685.html
Total Value Of Commercial Bank Loans In The US Jumped By $1trn Since January

American debt levels continue rising year after year, with a surge in the number of people using loans to pay anything from home renovation and medical expenses to vacations, scholarship, and credit card debts.

27 May 07:37 SCOOP 5315658998500290714.html
OECD GDP Falls By 1.8% In The First Quarter Of 2020

Following the introduction of COVID-19 containment measures across the world, real gross domestic product (GDP) in the OECD area fell by 1.8% in the first quarter of 2020, the largest drop since the 2.3% contraction in the first quarter of 2009 at the height of the financial crisis, according to provisional estimates.

27 May 07:19 SCOOP 5315658999382166166.html
Alibaba Records Only 9% Lower Profit Than Amazon But Trails By 4x In Revenue

Data gathered by Learnbonds.com shows that Chinese internet company Alibaba registered 9.3% lower profits compared to United States’ Amazon. The data further shows that there is a significant gap in revenues between the two companies by at least four times for the financial year ending March 31, 2020.

27 May 07:43 SCOOP 5315658999476979335.html
EcoCash court bid hits brickwall

The High Court has dismissed Econet Zimbabwe's mobile money platform, EcoCash's application which sought to interdict the Reserve Bank of Zimbabwe (RBZ) from su...

27 May 07:55 Bulawayo24 News 5565663539433392475.html
French economy to shrink by 20% in second quarter as recession deepens

France's economy is on course to contract 20% in the second quarter from the previous three months as the country emerges from a nationwide coronavirus lockdown, the INSEE official statistics agency…

27 May 07:12 France 24 5635134570350246418.html
Advance Auto Parts: Resilient 'DIY' Market Balanced By A Weaker Growth Outlook

Advance Auto Parts reported Q1 earnings highlighted by weak sales despite most stores remaining open as an essential business through the coronavirus pandemic.

27 May 07:23 Seeking Alpha 5725634556462548410.html
When Is A Capital Gain Capital Consumption

There is an important difference between when the price of an asset rises due to an increase in value vs when it rises due to a drop in the interest rate. The d

27 May 07:05 Seeking Alpha 5725634557801240857.html
Opportunities Emerge In Mid-Caps And Small-Caps - Weekly Market Notes May 26, 2020

All fifty states have now allowed some businesses to re-open and this has added fuel to the stock market rally last week. The market seems to be pricing in a qu

27 May 07:45 Seeking Alpha 5725634558137789168.html
Hibernia ‘confident’ in the Dublin office market as it experiences ‘modest’ fall in rent collection

Kevin Nowlan, the chief executive of listed landlord and developer Hibernia Reit, said the company “remain confident” in the long-term prospects of central Dublin’s office and residential market.

27 May 07:35 independent 5894610846343692492.html
ICC Board Meeting: World T20 to be postponed to 2022, October window for IPL

Cricket News: The postponement of this year's T20 World Cup in Australia to 2022, which might open up a window for the lucrative Indian Premier League in October, i

27 May 07:07 The Times of India 6060938663718179099.html
Halfords to reopen 53 stores to cope with cycling demand and car repairs

The high street retailer has been allowed to trade throughout lockdown, but chose to close stores to the public to protect staff.

27 May 07:13 Jersey Evening Post 6141642773959167189.html
BMO profits slide

BMO Financial Group reported a second-quarter profit of $689 million, down from $1.5 billion a year ago, as it increased the amount set aside for bad loans due to the pandemic.

27 May 07:00 Castanet 616068603513143271.html
Pound-to-Australian Dollar Downtrend Intact and Set to Endure as Support Comes Under Pressure

The British Pound's downtrend against the Australian Dollar looks set to remain in place for the foreseeable future says a note foreign exchange analysts

27 May 07:11 The Pound Sterling Live 6614579507068611717.html
Pound Sterling advances against Euro and Dollar after EU Rows back on Fishing and Haldane Cools Negative Interest Rate Expectations

The British Pound advanced by over a percent against the U.S. Dollar and half a percent against the Euro as markets welcomed a bevvy of developments including rumours of progress on fishing in deadlocked EU-UK trade negotiations and a senior Bank of England policy maker quelled expectations for negative interest rates

27 May 07:54 The Pound Sterling Live 6614579508390190913.html
South African Airways aims to resume domestic flights in mid-June

SAA, which is under a form of bankruptcy protection, suspended all commercial passenger flights in late March, when the government imposed one of the strictest lockdowns on the African continent.

27 May 07:00 Africanews 6630243979728138117.html
Tether Continues Tear as its Daily Crypto Transactions Reach Record Levels

Controversial crypto stablecoin Tether continues at full speed ahead as recent data shows its daily transactions are the highest they have ever been.

27 May 07:31 NewsBTC 7232133510680975700.html
Halfords to reopen 53 stores to cope with cycling demand and car repairs

The high street retailer has been allowed to trade throughout lockdown, but chose to close stores to the public to protect staff.

27 May 07:12 Express & Star 7324224459423763669.html
IMF advises banks to suspend dividend repayment, share buybacks

Kristalina Georgieva, IMF managing director, said the decision is necessary to help banks reinforce their capital buffers against the shocks

27 May 07:45 TheCable 7513571674391063403.html
Interest on loans: SC issues notice to Centre, RBI

The Supreme Court Tuesday asked the Centre and the RBI to respond to a plea challenging levy of interest on loans during the moratorium period, which has

27 May 03:30 Greater Kashmir 4662909093250260878.html
Panama to relax coronavirus measures in 2nd stage of re-opening

PANAMA CITY — The Panama government said on Tuesday that in June it will start to relax some measures imposed to curb the spread of the novel coronavirus, permitting sectors such as construction, nonmetallic mining and pharmaceuticals to resume operations.

27 May 03:03 National Post 4816958592299983856.html
Toronto Star owner Torstar to be sold, taken private in $52- million deal

TORONTO — Five families that built and grew media conglomerate Torstar Corp. have agreed to hand the newspapers they presided over for roughly 70 years to a Canadian investment firm that plans to take the company private.

27 May 03:25 KitchenerToday.com 52741010737096732.html
US lawmaker wants insurers, govt to share future pandemic business losses

U.S. legislation introduced on Tuesday would create a taxpayer-backed insurance program to protect businesses from revenue losses during future ...

27 May 03:45 CNA 5644198864111196619.html
Vertex Energy's Transformation Continues

Vertex Energy began migrating its end-products toward higher-margin markets in 2018 - higher-purity base oils and IMO 2020-compliant marine fuel. The company re

27 May 03:40 Seeking Alpha 5725634556981381414.html
Keysight Technologies, Inc. (KEYS) CEO Ron Nersesian on Q2 2020 Results - Earnings Call Transcript

Keysight Technologies, Inc. (NYSE:KEYS) Q2 2020 Earnings Conference Call May 26, 2020, 04:30 PM ET Company Participants Jason Kary - VP, Treasurer and IR Ron Ne

27 May 03:14 Seeking Alpha 5725634557907048961.html
Fanhua Inc. (FANH) CEO Chunlin Wang on Q1 2020 Results - Earnings Call Transcript

Fanhua Inc. (NASDAQ:FANH) Q1 2020 Earnings Conference Call May 26, 2020, 09:00 PM ET Company Participants Oasis Qiu - IR Manager Chunlin Wang - Chairman & C

27 May 03:26 Seeking Alpha 5725634557964479569.html
Path cleared for ICC elections, 2021 T20 World Cup 'likely' to remain in India

Cricket News: The members boards of the ICC came to a tacit understanding through a 2/3rd majority on Tuesday that incumbent chairman Shashank Manohar will not be a

27 May 03:25 The Times of India 6060938663461691260.html
Liquidation of companies still the most likely outcome under IBC

January-March quarter of fiscal 2019-20 was quite fruitful for banks in terms of stressed asset resolution and recovery under IBC, with lenders realising 64% of their dues

27 May 03:47 Livemint 6614605819252700993.html
Smart Stamp Software Developer 12CM Partners South Korea’s Largest Search Engine Provider, Naver, to Launch Cloud-Powered Fintech Platform

12CM (pronounced One-two-cee-em), the “smart” stamp software platform provider and a member company of the Born2Global Center, has partnered with Naver Busi

27 May 03:26 Crowdfund Insider 6834688073735500436.html
Tencent, Parent Company of WeChat, to Invest $70 billion into Blockchain, AI, Cybersecurity & More in Pursuit of New Infrastructure

Tencent, a massive Chinese conglomerate that also operates WeChat, is planning to invest $70 billion over the next five years. The money will go into "new infr

27 May 03:44 Crowdfund Insider 6834688074034873052.html
German ECB executive shrugs off court ruling against bond buying

Isabel Schnabel says constitutional row ‘does not directly affect’ eurozone’s central bank

27 May 03:00 Ft 707176889000806710.html
UK economy faces 5% annual deficit by 2024, say economists

Survey forecasts coronavirus undermining Britain’s public finances until next election

27 May 03:00 Ft 707176889034705304.html
Experts seek review, sustainability measures as airports reopen Friday

Aviation stakeholders have urged the Federal Government to constitute a committee to review the aviation sector and its sustainability

27 May 03:38 The Guardian 7580308504548460170.html
Panama to relax coronavirus measures in second stage of re-opening

PANAMA CITY (Reuters) - The Panama government said on Tuesday that in June it will start to relax some measures imposed to curb the spread of the novel coronavirus, permitting sectors such as construction, nonmetallic mining and pharmaceuticals to resume operations.

27 May 03:05 Reuters 8334514181770185437.html
Panama to relax coronavirus measures in second stage of re-opening

PANAMA CITY  – The Panama government said on Tuesday that in June it will start to relax some measures imposed to curb the spread of the novel coronavirus, permitting sectors such as construction, nonmetallic mining and pharmaceuticals to resume operations.

27 May 03:41 First Post Of India 844080067722495803.html
US Treasury pressure leads to new probe of African Development Bank chief

Adesina has been accused of handing contracts to acquaintances and appointing relatives to strategic positions.

27 May 04:55 Moneyweb 1092550947468403252.html
Covid-proof Equity MF

The disruption across sectors demands a review of your equity mutual fund schemes

27 May 04:43 Business Today 1145527431148887237.html
Debt Funds: No Safety Tag

From the NBFC liquidity crisis in 2018 to collapse of six Franklin Templeton schemes, debt funds are no longer considered safe

27 May 04:43 Business Today 1145527432243144469.html
Food in a Tinderbox

The restaurant industry is close to irreparable damage. Can it be saved?

27 May 04:11 Business Today 1145527432372259328.html
In a Tight Corner

States finally have headroom to borrow more from the market. But there's a cost to it

27 May 04:12 Business Today 1145527432449306681.html
"Innovation Should Be Given a Boost Through Tax Incentives"

In the middle of the current pandemic, India has emerged as a credible supplier of essential medicines

27 May 04:11 Business Today 1145527432646337879.html
Deepak Nitrite rises over 5% on strong March quarter nos, pares gains later

The company's revenue from operations (sales), on a consolidated basis, rose 4.69 per cent to Rs 1,055.54 crore for the quarter under review

27 May 04:26 Business-Standard 1502508924867250727.html
More liquidity needed, states should come forward with Rs 20 trn: Gadkari

Efforts are on to develop vaccine for the coronavirus, Gadkari said, adding "we will have to learn the art of living with coronavirus"

27 May 04:39 Business-Standard 1502508925710056674.html
Birla Tyres, Alok Ind: 41 penny stocks zoom over 100% from March lows

Among the noticeable names, Alok Industries, Birla Tyres, Opto Circuits, Andhra Cements, and Morepen Laboratories are some of the 41 counters that have rallied over 100% in the past two months

27 May 04:54 Business-Standard 1502508925821895568.html
Titan dips 2% as Co gives biz update, defers launch of jewellery collection

Titan expects cash outflow to be recovered when sale of jewellery restarts

27 May 04:42 Business-Standard 1502508926238527332.html
Coromandel Int'l rallies 8%, hits 52-week high on strong Q4 results

Q4FY20 Ebitda surged 51 per cent to Rs 391 crore, while margins expanded 380 basis points to 13.6 per cent from 9.8 per cent in Q4FY19

27 May 04:04 Business-Standard 1502508926366111802.html
JP Morgan chief economist forecasts 'strong rebound' in Indian markets

The economic wounds will be "deeper than anything we've seen since World War Two", says chief economist at JP Morgan

27 May 04:41 Business-Standard 1502508926678654613.html
Residential building declines as government considers cash grants for new homes

There was already a decline in the home building industry before the coronavirus pandemic began, heaping pressure on the government to stimulate the sector.

27 May 04:10 Brisbane Times 2314609339616280864.html
Tesla to cut car prices in North America, China

BEIJING — Tesla Inc said on Wednesday it will cut prices of its electric vehicles in North America as the firm ramps up car production at its Fremont, California, factory after the easing of coronavirus lockdowns.

27 May 04:40 Financial Post 2379081492021387095.html
Global energy investment expected to tumble 20pc in 2020 due to Covid-19 crisis, says IEA

PARIS, May 27 — Global energy investment is expected to plunge by around 20 per cent or US$400 billion (RM1.74 trillion) in 2020, its biggest fall on record, because of the new coronavirus outbreak, the International Energy Agency (IEA) said today. The Paris-based IEA said this could have serious...

27 May 04:31 Malaymail 302165934798306438.html
FIA approves Formula One budget caps over next five seasons starting from 2021

The first-ever F1 budget cap will come into force next season at 145million US dollars (£117million), with further cuts in 2022 and 2023-25.

27 May 19:30 Shropshire Star 3480199993133770375.html
DA denies money woes as it plans to cut jobs

The DA is pushing ahead with its plans to retrench staff, but has denied it is facing financial trouble.

27 May 19:13 News24 3752801376592719631.html
First Mutual Life records investment loss

First Mutual Life Holdings Limited has recorded an investment loss amounting to $392,8 million in the full year ended December 31, 2019 due to a decrease in value of equities listed on the stock exchange.

27 May 19:46 Nehanda Radio 3802011522794245998.html
Boeing slashes 12,000 jobs as virus seizes travel industry

Boeing is cutting more than 12,000 jobs through layoffs and buyouts as the coronavirus pandemic seizes the travel industry. And the aircraft maker says more cuts are coming.

27 May 19:11 WVLT 4089046911802243342.html
CBN reduces interest rate on OFIs facilities to 5% per annum

As part of its continued effort to mitigate the impact of the coronavirus (COVID-19) on households, businesses and regulated institutions...

27 May 19:03 Vanguard News 4125100338830205309.html
NZD/USD pulls away from multi-week highs, looks to close near 0.6170

The NZD/USD pair rose to its highest level in 11 weeks at 0.6233 on Wednesday but lost its traction in the second half of the day. As of writing, the

27 May 19:03 FXStreet 4480975638445506308.html
Gold Price News and Forecast: XAU/USD returns to $1,712 and turns positive on the day

XAU/USD has bounced up from two-week lows sub $1700 on Wednesday and is turning positive on the daily charts. The precious metal has reached $1,712 ar

27 May 19:08 FXStreet 4480975638483993552.html
GBP/USD bears seeking a close below 50-D EMA, Brexit talks loom

GBP/USD is currently trading at 1.2247 and lower on the day so far. The US dollar has picked up a safe-haven bid as geopolitics heats up. Cable has tr

27 May 19:29 FXStreet 4480975639044686567.html
EUR/CHF Price Analysis: Euro limited below trendline resistance at 1.0700

EUR/CHF fails at 1.0700 and returns to 1.0650 area. The euro has been capped by downward trendline resistance from April 2019 highs. Euro rally from

27 May 19:05 FXStreet 4480975639122642111.html
Pound Sterling Price News and Forecast: GBP/USD reversal from 1.2350 extends to session lows at 1.2205

Cable fell some hundred pips on Wednesday as traders booked profits from Tuesday's 1.2% rally, weakening near-term structure and shifting focus lower.

27 May 19:06 FXStreet 4480975639492832472.html
Canadian court greenlights extradition proceedings against Huawei CEO’s daughter

A British Columbia Supreme Court judge ruled against Huawei’s chief financial officer Meng Wanzhou on Wednesday, dismissing one of the key arguments by the daughter of the company's founder in her fight against extradition from Canada to the United States.

27 May 19:33 Washington Examiner 4625792332653057341.html
These 5 'stay at home' stocks are getting pounded as the US economy reopens, Business Insider - Business Insider Singapore

Business Insider - All 50 US states as of Memorial Day weekend have relaxed at least some of the restrictions put in place mid-March to contain the spread of COVID-19.. Read more at businessinsider.sg

27 May 19:49 www.businessinsider.sg 5090408756213375547.html
What is the difference between subsidized and unsubsidized student loans?, Business Insider - Business Insider Singapore

Business Insider - One of the main differences between subsidized and unsubsidized loans is that you'll pay no interest on subsidized loans while in school.. Read more at businessinsider.sg

27 May 19:59 www.businessinsider.sg 5090408756793649386.html
Micron climbs 6% after boosting sales guidance by more than expected, Business Insider - Business Insider Singapore

Business Insider - The announcement from Micron helped boost other chipmakers' shares on Wednesday, with the PHLX Semiconductor Index turning positive for the day.. Read more at businessinsider.sg

27 May 19:16 www.businessinsider.sg 5090408757177453003.html
Ugandan banks close at 2pm to allow staff beat curfew

  Kampala, Uganda | THE INDEPENDENT | Several commercial banks have announced they will revise down their closure time to allow staff enough time to drive home so as not to be caught by the 7pm curfew. While some banks have not yet indicated that they will shift from the 3pm closing time, at least …

27 May 19:36 The Independent Uganda: 5099025989380495971.html
B.C.’s essential grocery, hardware store employees should get pandemic pay: retail group

Only B.C.’s social, health and corrections workers are eligible for top-ups

27 May 19:30 North Delta Reporter 5327740410875439160.html
Victoria’s Secret Files Suit to Get Out of Manhattan Lease

The busy Herald Square location has been closed since March 17 to prevent the spread of the coronavirus.

27 May 19:52 WWD 5490910669725729939.html
ZW$ remains our best foot forward

At the rate at the Zimbabwe dollar (ZW$) is losing its intrinsic value, it may just be a matter of time before the country dollarizes, officially or non-officia...

27 May 19:38 Bulawayo24 News 5565663539914895164.html
US mortgage applications rise for sixth straight week

WASHINGTON: U.S. applications for home mortgages jumped last week, in a sixth straight weekly increase, suggesting the housing market could lead ...

27 May 19:10 CNA 5644198863022002354.html
Why US energy CEOs will get big payouts despite oil meltdown

National Oilwell Varco Inc (NOV) has had a rough few years: Since 2017, the Houston company, whose drilling equipment is in major oilfields ...

27 May 19:06 CNA 5644198863647084770.html
China to increase international flights if COVID-19 under control: Regulator

China's aviation authority will consider increasing international flights as long as imported coronavirus risks are under control, state media ...

27 May 19:04 CNA 5644198864266761334.html
COVID-19: More than 7,000 workers matched to new jobs under NTUC’s Job Security Council

SINGAPORE: More than 7,000 workers who were either furloughed or retrenched due to the COVID-19 pandemic have taken up new roles with the help of ...

27 May 19:02 CNA 5644198864344843656.html
Sea Limited: Skeletons In The Closet

SE is inflating revenue. SE is selling goods for a negative gross margin. The maximum potential value is $59.8/share.

27 May 19:26 Seeking Alpha 5725634556136843850.html
Tractor Supply Company Is Thriving

Tractor Supply offered Q2 update that is expecting record-breaking sales and earnings Fresh off a stellar Q1, the second quarter is supposed to easily trump tha

27 May 19:21 Seeking Alpha 5725634556380490137.html
Improving EIA's Weekly Crude Oil Production Estimate

Each week the EIA estimates crude production and an adjustment. I used regression of the weekly figures to the monthly actual production. The process developed

27 May 19:03 Seeking Alpha 5725634556830283894.html
Dumpster Diving: (Kirkland's Edition)

On May 18, 2020, Kirkland's reported a business update. The big highlight was 96% e-commerce growth. Despite the costly two month forced shutdown due to COVID-1

27 May 19:23 Seeking Alpha 5725634557470248318.html
Sandstorm Gold: This Gold Miner Is About To Get Much Bigger

Sandstorm's stock outperformance should continue as there are many bullish growth catalysts. There is incremental growth over the next few years thanks to newly

27 May 19:15 Seeking Alpha 5725634557627637229.html
I've Changed My Mind About Norwegian Air - The Future Is Brighter

Norwegian Air Shuttle was, effectively, bust, but it has managed to get the creditor takeover, the rights issue, and the government aid all through. It's thus a

27 May 19:23 Seeking Alpha 5725634557893984525.html
Royal Bank of Canada (RY) CEO David McKay on Q2 2020 Results - Earnings Call Transcript

Call Start: 08:15 Call End: 09:23 Royal Bank of Canada (NYSE:RY) Q2 2020 Earnings Conference Call May 27, 2020 08:15 AM ET Company Participants Nadine Ahn - Sen

27 May 19:27 Seeking Alpha 5725634558142100059.html
Many Americans say the pandemic changed their spending habits for the better, but experts are skeptical it will last

As state and local economies begin to reopen, Americans will be putting their newfound spending habits to the test.

27 May 19:45 Business Insider 6060062399309460589.html
Here's why 3 Wall Street analysts just boosted their Apple price targets

All three analysts see Apple stock gaining further this year, moving past the impact of the coronavirus pandemic on the tech giant.

27 May 19:52 Business Insider 6060062399431631270.html
What is the difference between subsidized and unsubsidized student loans?

One of the main differences between subsidized and unsubsidized loans is that you'll pay no interest on subsidized loans while in school.

27 May 19:59 Business Insider 6060062399520639493.html
These 5 'stay at home' stocks are getting pounded as the US economy reopens

All 50 US states as of Memorial Day weekend have relaxed at least some of the restrictions put in place mid-March to contain the spread of COVID-19.

27 May 19:49 Business Insider 6060062399982133819.html
FIA approves Formula One budget caps over next five seasons starting from 2021

The first-ever F1 budget cap will come into force next season at 145million US dollars (£117million), with further cuts in 2022 and 2023-25.

27 May 19:31 Jersey Evening Post 6141642773560021442.html
IndiGo, AirAsia start to refund passenger tickets in travel agents' accounts: EaseMyTrip.com

The move is likely to come as a relief for travel agents as they would now have the flexibility to return the refunds to customers.Prior to the lockdown, the two airlines allowed refunds to be held only in a credit shell for customers, he added

27 May 19:42 Livemint 6614605818303131348.html
Shops to buses: Telangana govt allows further relaxations to lockdown norms

KCR held separate meetings with ministers and officials on the COVID-19 situation and implementation of lockdown, among others and took decisions on several issues.State-run RTC buses have been exempted from night time curfew restrictions and will be allowed to ply to their destinations

27 May 19:14 Livemint 6614605818423596298.html
Sisodia interacts with principals on reopening of schools

Education Minister asks them to come up with plan on how to lead the transition

27 May 19:47 The Hindu 6679535025168559223.html
MPA, NATO Ask Congress for Temporary Liability Relief as Businesses Reopen

The letter, sent by the U.S. Chamber of Commerce and signed by over 200 trade and business groups, calls for Congress "to quickly enact temporary and targeted liability relief legislation related to the COVID-19 pandemic."

27 May 17:35 The Hollywood Reporter 121801344570144259.html
Chyawanprash sales jump 4 times due to coronavirus, says Dabur; key takeaways from Q4 results

As the coronavirus pandemic hit billions of lives, consumers’ renewed focus on immunity boosting and healthcare brands has led to FMCG major Dabur witnessing an exponential growth in the sales of its chyawanprash range.

27 May 17:29 The Financial Express 1288289579854101823.html
NTPC to foray into distribution, keen to buy majority stake in BRPL, BYPL

In a letter written to Delhi Electricity Regulatory Commission (DERC) on May 26, 2020, the power giant said, "NTPC has decided to foray into power distribution sector and keen on acquiring the distribution assets (BRPL and BYPL)".

27 May 17:30 The Financial Express 1288289581156634376.html
India initiates anti-dumping probe into imports of polyester yarn from 4 countries

The probe was launched following a complaint by eight domestic manufacturers, including Suryalakshmi Cotton Mills and Suryalata Spinning Mills.

27 May 17:38 The Financial Express 1288289581446411760.html
Restaurants listed on Swiggy? Now you can get credit to buy raw materials with this new service

Both Swiggy and Zomato saw multiple restaurants on their platforms shutting down operations temporarily even as the order volume took a hit amid the nationwide lockdown that began March 25.

27 May 17:55 The Financial Express 1288289581502658408.html
Franklin Templeton mutual fund investors can pick Deloitte over trustees

Unit holders will vote to moneitse the scheme assets.

27 May 17:02 Business-Standard 1502508924660479407.html
Punjab approves reforms to avail additional borrowing of 1.5% of GSDP

The additional borrowing would help state tide over the estimated 30 per cent revenue shortfall in 2020-21 fiscal

27 May 17:07 Business-Standard 1502508925440562683.html
State Bank of India slashes FD rate by 40 bps, second cut in May

The lender will also extend EMI moratorium by 3 months for all eligible customers without waiting for a request

27 May 17:10 Business-Standard 1502508925561427152.html
Telangana govt to pay 50% salary to staff for third consecutive month

The government noted that the relaxations extended to sectors like the transport and the stamps and registrations from the lockdown restrictions had not made any substantial difference

27 May 17:31 Business-Standard 1502508925874895094.html
Boeing slashes 12,000 jobs as coronavirus impacts travel industry

A Boeing spokesperson said Wednesday's actions represent the largest number of job cuts, but several thousand additional jobs will be eliminated in the next few months

27 May 17:19 Business-Standard 1502508926610218135.html
5 Unmissable Highlights From Consensus: Distributed 2020

Consensus: Distributed, CoinDesk’s virtual version of their annual crypto conference, is done and dusted. Read for the entire coverage.

27 May 17:21 Bitcoinist.com 1696346936446065738.html
'Starting point': EU's frugal members cool on recovery plan

Austria, the Netherlands, Denmark, and Sweden want emergency help for countries badly hit by the coronavirus to take the form of one-off loans

27 May 17:30 Rappler 1882105642039328457.html
Over-Leveraged Zombie Companies Threaten Economic Recovery

Specter of defaults, bankruptcies lingers amid skyrocketing corporate debt

27 May 17:22 Infowars 1950426314535223656.html
UK PM Johnson to join post-Brexit talks as key deadline nears

UK Prime Minister Boris Johnson will meet EU leaders in a bid to reinvigorate stalled post-Brexit negotiations ahead of a key deadline, officials said on Wednesday. Britain officially left the

27 May 17:04 Deccan Herald 2027555798000351244.html
UAE: Human Resources Ministry revises working hours of service centres

Precautionary measures remain in place to curb the spread of COVID-19

27 May 17:21 Gulf News 2086521545040486770.html
7 American ETFs for the Hometown Crowd

American ETFs stocks are again outpacing their international rivals, giving some credibility to having a home country bias.

27 May 17:07 InvestorPlace 24614509315242955.html
Alibaba Stock Will Struggle to Overcome These Short-Term Headwinds

Alibaba stock is facing threats from JD.com and the U.S.-China Cold War. This has led to weak sentiment towards Alibaba that should linger.

27 May 17:42 InvestorPlace 24614509633362979.html
The 4 Stimulus Bills Saving America From Its Biggest Depression Ever

The U.S. economy was on the brink of collapse, then the Federal Government threw a life vest at the economy with these stimulus bills.

27 May 17:04 InvestorPlace 24614510234340986.html
A Much Higher Gold Price Is No Flight of Fancy

Many are starting to turn away from gold stocks as coronavirus tensions ease, but the price of gold can still reach $60,000.

27 May 17:31 InvestorPlace 24614510797746420.html
The Trip Aboard Carnival Cruises Stock Will Be Stormy

There is a new normal coming so CCL stock will have to face a new reality. This is especially true if there is a delay in the vaccine.

27 May 17:51 InvestorPlace 24614511093510832.html
NCC suspends Spectrum Trading guidelines - The Nation Nigeria

The Nigerian Communications Commission (NCC) Wednesday suspended the Spectrum Trading Guidelines (2018) for the nation's telecommunications industry.

27 May 17:39 Latest Nigeria News, Nigerian Newspapers, Politics 2658445901731576681.html
ED attaches JP Morgan assets worth Rs 187 Cr, MNC in SC denies wrong doing in Amrapali case

During the arguments, senior advocate Mukul Rohatgi appearing for JP Morgan India, said that on Tuesday, the Enforcement Directorate (ED) has attached the account of the multi-national firm to recover money to the extent as per the apex court's directions.

27 May 17:51 The Indian Express 2885715103905785701.html
Moderna falls 20% amid reports that insiders have sold $89 million in shares this year as the stock has spiked

Moderna dropped as much as 20% on Wednesday amid a report from Stat News that insiders at the biotech company have liquidated $89 million in sto...

27 May 17:00 Business Insider 3364799146835284806.html
Panel’s mantra of ease of doing business

NT NETWORK Panaji With the tight financial position of the state practically ruling out any kind of relief package, the economic revival committee in its

27 May 17:21 The Navhind Times 3656927214712942040.html
Goldman Sachs warns global economic recovery could be bumpy

The global economy could be in for a bumpy ride as lockdowns tied to the COVID-19 pandemic begin to ease, especially if governments start to pull back on stimulus programs, Goldman Sachs Group Inc. President John Waldron said.

27 May 17:31 BNN 3833521689316287058.html
SoftBank’s Vision Fund Is Planning to Cut 10% of Staff

SoftBank Group Corp.’s Vision Fund is planning deep cuts in staffing after reporting about $18 billion in losses from the declining value of its startups, according to people familiar with the matter.

27 May 17:00 Bloomberg 4032480122738912478.html
AUD/USD risks to visit 0.6000 later this year – Rabobank

The Australian dollar has appreciated steadily despite the grim economic data, however, escalating the tensions between the US and China might endang

27 May 17:49 FXStreet 4480975638185332012.html
GBP/JPY Price Analysis: The pound fails at 133.00 again

Sterling’s rally from 130.65 lows last week has been unable to extend beyond the 133.00 level, for the fourth time so far this month, and the pair has

27 May 17:22 FXStreet 4480975639724370311.html
Russia seizes 40 tonnes of embargoed European cheeses

Russia on Wednesday seized 40 tonnes of European cheeses smuggled into the country in breach of an embargo on EU food imports, the customs service said.

27 May 17:00 Digital Journal 4566489171706009848.html
German chemical firms see 'significant' blows ahead from virus

Germany's powerful chemical sector can expect significant blows to activity from to the coronavirus pandemic this year, an industry federation warned Wednesday.

27 May 17:15 manilastandard.net 4715274784368376216.html
MSMEs set new world record for largest online business lesson

The attempt created a new world record for the largest online business lesson, involving 18,693 unique viewers for 30 minutes.

27 May 18:10 The Financial Express 1288289581073076297.html
UCO Bank slashes lending rate by 40 basis points, MSME loans to get cheaper

The government expects banks to reduce lending rates, which is required to kick start the economy hit hard by the coronavirus-forced lockdown, among other factors

27 May 18:27 Business-Standard 1502508924593288390.html
Here’s Why Bitcoin’s Large Transaction Count Has Slid 8% Over the Past Week

Bitcoin has seen a sharp decline in on-chain large transactions. This signals that large spot traders are largely moving to the sidelines.

27 May 18:00 Bitcoinist.com 1696346936156974933.html
Why Avis and Hertz Stock Just Popped, but Latam Airlines Dropped

A bullish pronouncement from JPMorgan's CEO just helped double the share price of bankrupt Hertz.

27 May 18:19 The Motley Fool 2231313657744668727.html
U.S. economic activity fell sharply due to coronavirus disruptions, Fed says

Economic activity declined sharply across the United States over the past several weeks, according to a Federal Reserve report released on Wednesday, reflecting the disruptions caused by the coronavirus pandemic.

27 May 18:13 Financial Post 2379081491690914063.html
Boeing Layoffs 2020: 9 Things for BA Stock Investors to Know

Boeing (BA) president and CEO Dave Calhoun announced on Wednesday that involuntary layoffs are starting at the airplane manufacturer.

27 May 18:39 InvestorPlace 24614509264519869.html
3 Nasdaq-100 Stocks to Buy On the Dip For Bullish Investors

It could be a top. But today’s market weakness looks better put to use as an opportunity to buy leading NASDAQ stocks.

27 May 18:57 InvestorPlace 24614510484874446.html
Aurora Cannabis Stock Is Worth a Look After Reliva Acquisition

Aurora stock piqued the interest of investors when the company announced its acquisition of Reliva and entry into the U.S. market.

27 May 18:59 InvestorPlace 24614510648181235.html
CBN okays reliefs on loans in OFIs sector - The Nation Nigeria

The Central Bank of Nigeria (CBN) has reduced interest rates on its facilities through participating Other Financial Institutions (OFIs) from 9%

27 May 18:58 Latest Nigeria News, Nigerian Newspapers, Politics 2658445901687513083.html
Publicise WhatsApp numbers of shopkeepers, avoid complete shutdown, Bombay HC tells authorities

The petitioner told the court the authorities had announced a complete shutdown in containment zones from May 15 to May 20, causing inconvenience to both the consumers and shopkeepers selling essential goods.

27 May 18:22 The Indian Express 2885715104107972507.html
Punjab decides to hike MBBS fee in govt, private colleges

With the massive surge in the price index in the years thereafter, these colleges are facing fiscal problems and are unable to meet the norms of Medical Council of India, thus necessitating a fee hike

27 May 18:31 The Indian Express 2885715104234085389.html
The Fed is considering a policy tool not used since World War II to keep borrowing costs at historic lows

The Federal Reserve is mulling yield-curve control as a method for ensuring borrowing costs stay at historically low levels through the coronavi...

27 May 18:15 Business Insider 3364799146558324793.html
Warren Buffett's Berkshire Hathaway loses billionaire Bill Ackman as an investor

Warren Buffett's Berkshire Hathaway has lost Bill Ackman as an investor. The hedge-fund manager revealed the sale of his Pershing Square fund's ...

27 May 18:33 Business Insider 3364799146731404351.html
PM signals ‘air bridges’ between countries could be introduced

The UK is to impose a 14-day quarantine requirement for anyone arriving in the country from June 8, but the rules will be reviewed every three weeks.

27 May 18:00 Shropshire Star 3480199992979619427.html
Huawei CFO Faces an Uphill Battle Against Extradition to the U.S as a Canadian Court Delivers an Adverse Ruling

Huawei CFO sustains a blow as the Superior Court of British Columbia delivers an adverse verdict in the U.S. extradition case

27 May 18:08 Wccftech 3677959679432185189.html
Postmedia to lay off about 40 employees after unions reject salary cuts

Postmedia Network Canada Corp. says it will lay off about 40 employees after a number of its unions did not approve a temporary salary reduction to help reduce costs amid the COVID-19 pandemic.

27 May 18:59 BNN 3833521688880946177.html
Fed catalogues devastation wrought by pandemic on U.S. economy

The coronavirus deeply damaged the U.S. economy in recent weeks, with “steep” job losses and business closures, a new Federal Reserve report said.

27 May 18:38 BNN 3833521689077687394.html
Rowdy Chicago trading pits face risky reopen, extinction threat

Pete Kosanovich can’t wait to put his trading jacket back on and return to the noisy Chicago pit where he’s worked for 17 years. The burly former football player is known on the floor by the letters “MGLA” printed on his badge, a nickname referencing the 1960s cartoon “Magilla Gorilla.”

27 May 18:20 BNN 3833521689536042968.html
ASX to rise as Dow, S&P advance

Australian shares are set to open higher with the Dow retaking the 25,000 mark and the S&P 500 closing above 3000.

27 May 18:15 Australian Financial Review 3974284487010372693.html
How Small Businesses Can Soften the Blow of Bankruptcy

Some dos and don’ts for those teetering on the brink

27 May 18:00 Bloomberg 4032480122422032666.html
Gold picks up as market sentiment sours

XAU/USD has bounced up from two-week lows sub $1700 on Wednesday and is turning positive on the daily charts. The precious metal has reached $1712 are

27 May 18:40 FXStreet 4480975638227469393.html
Fed's Bullard: US has seen worst of economic fallout from coronavirus crisis

"Could be well that the US has seen the worst of the economic fallout from the coronavirus crisis," St. Louis Federal Reserve President James Bullard

27 May 18:18 FXStreet 4480975638290131005.html
USD/JPY traders weigh a massive cocktail of mostly toxic risks

Uncertainty is playing out and USD/JPY is in focus. Markets are caught between prospects of the global economy opening-up and the downside risks of se

27 May 18:11 FXStreet 4480975639590486841.html
Fed's Beige Book: Securing PPP loans helped many businesses to limit or avoid layoffs

Economic activity declined in all districts, falling sharply in most, reflecting disruptions associated with the COVID-19 pandemic, the Federal Reserv

27 May 18:06 FXStreet 4480975640095740559.html
Greek PM praises 'huge step' of European recovery bid

Greek Prime Minister Kyriakos Mitsotakis on Wednesday hailed a proposed EU coronavirus recovery package as a

27 May 18:40 Digital Journal 4566489172884572384.html
New Jersey businesses seek reopening plan as they worry about survival

The New Jersey Senate Fiscal Recovery Strategists Committee heard some sobering numbers on Tuesday from businesses shut down by the state to slow the spread of COVID-19.

27 May 18:00 Washington Examiner 4625792332740286356.html
Putin, Saudi crown prince agree further coordination on oil output cuts - Kremlin

MOSCOW (Reuters) - Russian President Vladimir Putin and Saudi Crown Prince Mohammed bin Salman agreed during a telephone call on further

27 May 18:36 Firstpost 4760741712553003288.html
Canada's RBC, BMO offer subdued outlook, miss profit estimates as bad loan provisions surge

By Nichola Saminather TORONTO (Reuters) - Royal Bank of Canada and Bank of Montreal on Wednesday offered subdued outlooks after missing quarterly earnings expectations as they increased provisions more than six-fold to cover future loan losses due to the COVID-19 outbreak. RBC shares climbed 2.9% in morning trade, while BMO fell 0.2% versus a 2.5% gain in the benchmark banks index.

27 May 18:35 Firstpost 4760741712566787526.html
Gold dips to two-week low on recovery hopes

By Brijesh Patel (Reuters) - Gold dropped to its lowest in two-weeks on Wednesday as hopes of quick economic recovery drove investors towards riskier assets, although U.S.-China tensions over Hong Kong put a floor under bullion prices. Spot gold was down 0.6% at $1,700.30 per ounce by 1223 GMT.

27 May 18:36 Firstpost 4760741712591046624.html
EU reactions to Commission 750 bln euro coronavirus recovery scheme

BRUSSELS (Reuters) - The European Commission proposed on Wednesday to borrow 750 billion euros on the market and issue grants and loans to EU countries to kick-start an economic recovery after the coronavirus pandemic. Below are initial reactions of EU governments to the plan

27 May 18:36 Firstpost 4760741712961952973.html
Boeing Slashes Over 12,000 US Jobs Amid COVID-19, Thousands More Planned

Boeing Co said Wednesday it was eliminating more than 12,000 US jobs, including involuntary layoffs of 6,770 US workers as the largest American planemaker restructures in the face of the coronavirus pandemic.

27 May 18:17 NDTV.com 5090057680651278737.html
Blowout At Oil India Well In Assam, Villagers Shifted To Safety

Residents near an oil well of Oil India Limited in Assam's Tinsukia district had to be evacuated after a "blowout" on Wednesday. The Baghjan 5 well in Upper Assam exploded in a fountain of crude oil after pressure control systems failed.

27 May 18:33 NDTV.com 5090057681673526148.html
Here's why 3 Wall Street analysts just boosted their Apple price targets, Business Insider - Business Insider Singapore

Business Insider - All three analysts see Apple stock gaining further this year, moving past the impact of the coronavirus pandemic on the tech giant.. Read more at businessinsider.sg

27 May 18:56 www.businessinsider.sg 5090408755662872998.html
SEZAD keeps project deadlines while ensuring COVID-19 safety

While taking all precautionary measures to combat coronavirus, the Special Economic Zone Authority at Duqm (SEZAD) has also implemented its plan to complete the infrastructure projects for the zone, particularly Duqm Port, according to Yahya bin Said Al Jabri, SEZAD Board Chairman.

27 May 18:51 Times of Oman 5168079154565265120.html
Postmedia to lay off about 40 employees after unions reject salary cuts

TORONTO — Postmedia Network Canada Corp. says it will lay off about 40 employees after a number of its unions did not approve a temporary salary reduction to help reduce costs amid the COVID-19 pandemic.

27 May 18:27 KitchenerToday.com 52741009597085237.html
‘Current economic downturn will be more severe than the Global Financial Crisis of 2008’ – Ong Ye Kung

‘Current economic downturn will be more severe than the Global Financial Crisis of 2008’ – Ong Ye Kung

27 May 18:30 The Independent 5308065342757423253.html
Reopen the Economy

There is a strong case for the government to review the restrictions and eases them considerably to let the people return to businesses. Going by its economic cost, the lockdown has become unsustainable. As things stand, lockdown is wrecking the businesses, leaving thousands of people unemployed

27 May 15:00 Kashmir Observer 1268422869286735179.html
Animal Spirits stuck at the same place as lockdown stall economic activity

The dashboard signals Asia’s third-largest economy had a dismal start to the new fiscal year from April 1, after what’s been an already disappointing beginning to the calendar year.

27 May 15:25 The Financial Express 1288289580569031943.html
With overseas IPO for Jio Platforms, Mukesh Ambani may look to cash in on tech cold war with China

Going to the New York Stock Exchange or Nasdaq would make sense. U.S.-traded Chinese technology firms such as JD.com Inc. and NetEase Inc. are looking for an alternative home closer to the mainland in case tensions between Washington and Beijing escalate, as my colleague Nisha Gopalan wrote this week.

27 May 15:03 The Financial Express 1288289580595494947.html
50% of consumers expect to increase ecommerce spends in the next one month: Facebook-BCG Report

The report also reveals how 43% consumers are expecting decrease in overall spend in the next six months

27 May 15:49 The Financial Express 1288289581036815560.html
This will be the Indian Railways Dehradun station soon! Developers like GMR, Mahindra attend pre-bid meeting

World-class Indian Railways Dehradun railway station is one step closer! The pre-bid meeting was attended by 22 potential investors like the GMR Group, Adani Road Transport Ltd.

27 May 15:28 The Financial Express 1288289581079849187.html
RBI’s loan moratorium may spell trouble for NBFCs looking for funds, as investors’ trust weakens

The effect of loan moratorium is expected to make a dent in the liquidity profiles of non-banking finance companies.

27 May 15:45 The Financial Express 1288289581251517088.html
Debt downgrades can push India bank fund raising to $20 billion

A legacy of bad loans, a shadow banking implosion and a historic bank bailout in March have left Indian lenders weakened coming into the coronavirus lockdown.

27 May 15:11 The Financial Express 1288289581597414109.html
Euro zone economy to shrink between 8% and 12% this year: Christine Lagarde

Lagarde said the actual outcome would be between the "medium and "severe" scenarios

27 May 15:31 Business-Standard 1502508924721621052.html
Adani Power gets approval to set up 1,320 MW plant in Madhya Pradesh

Pench Thermal Energy has signed a power purchase agreement with MP Power Management Company Ltd (MPPMCL) for procurement of 1,320 MW of electricity on long-term basis

27 May 15:27 Business-Standard 1502508925634775863.html
India may need to pump Rs 1.5 trn into coronavirus-hit state banks: Report

"The situation is very grim," the source said, adding that banks would require fresh funds soon

27 May 15:34 Business-Standard 1502508925821335314.html
Govt to use five hubs to bring back Indians on Vande Bharat flights

Over 275 Indians stranded in Mexico, Peru, Portugal and Netherlands returned via Amsterdam in first such flight on Wednesday

27 May 15:55 Business-Standard 1502508926050416265.html
Renault, Nissan rule out merger, unveil plan to save troubled alliance

Renault and Nissan were among the weakest global automakers going into the coronavirus crisis

27 May 15:05 Business-Standard 1502508926165808198.html
Bond market signals rocky road ahead for Tata Motors, Jaguar Land Rover

JLR bonds trading at record yield of 13.2%, more than double since the pandemic broke out

27 May 15:55 Business-Standard 1502508926338325567.html
Amrapali case: ED attaches JP Morgan assets worth Rs187 cr, firm cries foul

A bench of Justices Arun Mishra and U U Lalit asked the Enforcement Directorate to file a short reply on the grievance raised by the JP Morgan India

27 May 15:17 Business-Standard 1502508926362019201.html
Coromandel International's Q4 PBT rises 91%, total income up 8.84%

The total income for the quarter rose 8.84 per cent to Rs 2880.82 crore from Rs 2646.96 crore in the year ago period.

27 May 15:01 Business-Standard 1502508926442085683.html
Beware of False Bottoms: Comparing Bitcoin and the S&P 500 to 1929’s Great Depression

False bottoms in Bitcoin and a comparison between the S&P 500 now and in 1929 suggest that more downside could be ahead, just like in 1929.

27 May 15:32 Bitcoinist.com 1696346936685271521.html
Battle ahead for EU's massive virus recovery plan

If passed, this proposal would be the biggest European Union stimulus package in history. But Germany predicts talks would drag on until the end of 2020.

27 May 15:40 Rappler 1882105642776347488.html
New turbulence in high-stakes Lufthansa rescue drama

Lufthansa says its supervisory board is currently 'unable to approve' the aid package from Germany, as conditions must be 'analyzed intensively'

27 May 15:55 Rappler 1882105643200455310.html
Northumberland Roman site gets rescue package to help it through coronavirus crisis

Vindolanda Trust gets loan from Lloyds Bank to help mitigate huge loss of visitor income

27 May 15:59 ChronicleLive 1984146901261460946.html
WTO disputes explained as report puts Newcastle United takeover in further doubt

The World Trade Organisation's confirmation of a dispute against Saudi Arabia could provide another obstacle to a buy-out of the Magpies

27 May 15:18 ChronicleLive 1984146901996883704.html
Why General Electric Stock Jumped Nearly 10% at the Open Today

The conglomerate's turnaround effort took another (small) step forward with the sale of an iconic division.

27 May 15:02 The Motley Fool 2231313658961018638.html
Japan OKs funds for US$1.1T stimulus to fight pandemic woes

Japan's Cabinet approved a proposed 32 trillion yen (US$296 billion) supplementary budget on Wednesday to help fund $1.1 trillion in measures to cushion the blow to the economy from the coronavirus pandemic.

27 May 15:03 CTVNews 2422791597510062770.html
Nio Stock Is a Solid Buy After Rough Week

Nio stock took a beating in 2019, but the company is positioned for growth in 2020, with improving sales and extended Chinese EV subsidies.

27 May 15:54 InvestorPlace 24614509764624573.html
As SPCE Stock Remains a Moonshot, Stay on the Sidelines

A "wait-and-see" approach may be the best way to play SPCE stock, as the company remains highly speculative.

27 May 15:59 InvestorPlace 24614510056717582.html
Germany’s Scholz sees recovery fund as more than money

German finance minister talks to POLITICO about the need to look beyond national economies to make an EU that can work for decades to come.

27 May 15:20 POLITICO 2584151346596385407.html
Sebastian Kurz cautious on Commission’s €750B recovery blueprint

Austrian chancellor, a leader of EU’s frugal faction, tells POLITICO he sees some positives in proposal.

27 May 15:59 POLITICO 2584151347230119826.html
Numbers continue to grow, 354 domestic flights operated till 5pm today: Aviation Minister

After two months of being grounded, India resumed its domestic flight services on Monday with 428 flights functioning on day one.

27 May 15:35 The Indian Express 2885715105165792383.html
Dow climbs 350 points as investors cheer efforts to boost global economies

US stocks rose on Wednesday as investors were encouraged by signs that global authorities were taking measures to boost economies. The European ...

27 May 15:39 Business Insider 3364799147533093359.html
Pub jobs at risk unless social distancing is cut to one metre, trade groups warn

Expecting pubs to contribute to furlough costs whilst they are still closed is ‘madness’, Chancellor told.

27 May 15:34 Shropshire Star 3480199992324006004.html
Moderna falls 20% amid reports that insiders have sold $89 million in shares this year as the stock has spiked (MRNA)

Moderna dropped as much as 20% on Wednesday amid a report from StatNews that insiders at the biotech company have liquidated $89 million in stock so far in 2020.

27 May 15:01 Pulse Live 3606876834834564862.html
RIL expanded in every conceivable technology trend: report

IANS Mumbai Reliance Industries (RIL) has expanded its horizon in every conceivable technology trend and the investments made by the company are bridging

27 May 15:31 The Navhind Times 3656927214080598439.html
2 out of 3 MSMEs are well-placed in lockdown

IANS New Delhi Two out of three micro, small and medium enterprises (MSMEs) are well-placed to surge through the lockdown while 30 per cent are very stron

27 May 15:31 The Navhind Times 3656927214372212415.html
Domestic flight operations on their way to normalcy

PTI New Delhi A total of 445 domestic flights, carrying 62,641 passengers, were operated on Tuesday, Civil Aviation Minister Hardeep Singh Puri said on We

27 May 15:24 The Navhind Times 3656927214625023666.html
Moderate participation expected in spectrum auctions: ICRA

IANS Mumbai Rating agency Investment Information and Credit Rating Agency (ICRA) expects moderate participation for the upcoming spectrum auctions at

27 May 15:30 The Navhind Times 3656927214980191116.html
Stringent lockdown further reduced GDP forecast: Fitch

IANS New Delhi India’s stringent lockdown norms have lasted longer than expected, said Fitch Ratings as it further reduced India’s GDP forecast to (-)

27 May 15:32 The Navhind Times 3656927215568639344.html
The European Union Is on the Brink of Historic Change

The Commission’s $825 billion rescue fund would break many taboos, possibly paving the way for EU taxes and an EU treasury

27 May 15:26 Bloomberg.com 4032480121930520160.html
Birla Corporation Surges 43% In Two Days As Company Doubles Profit In March Quarter

Birla Corporation stock surged 43% in two sessions Cement maker Birla Corporation’s stock continued to surge on Wednesday for the … Birla Corporation Surges 43% In Two Days As Company Doubles Profit In March Quarter Read More »

27 May 09:20 ISSCNC 6824315490745725621.html
Four recruitment firms join hands to help India Inc return to work

(Representative image) MUMBAI: Four global HR services companies — Randstad, The Adecco Group, ManpowerGroup and Gi Group — have formed … Four recruitment firms join hands to help India Inc return to work Read More »

27 May 09:55 ISSCNC 6824315491340916937.html
I want to be a security guard … what will my salary be?

The industry can be divided into two categories: those who need security and those who want it. Those who need it typically pay $15 per hour, while those who who want it pay between $17 - $23

27 May 09:00 The Globe and Mail 68426411089080485.html
What every Canadian investor needs to know today

A look at the morning’s market action

27 May 09:47 The Globe and Mail 68426411680057247.html
Nokia Suspends Operations at Its Tamil Nadu Plant After 42 Employees Test COVID-19 Positive: Report

Notably, the plant had been operating in a restricted manner over the past few weeks ever since the Centre announced the easing of the restrictions to fix the economy.

27 May 09:21 India News, Breaking News, Entertainment News | India.com 7150386084392082229.html
Robinsons squash buoys Britvic as sales hit by pub closures

Sales of child-friendly brand Fruit Shoot were affected by the lockdown, the company said, as people stayed at home.

27 May 09:37 Express & Star 7324224459722182375.html
Dangote, Glo named most admired Nigerian brands in Africa

In its recently released brand ranking for the 100 most admired brands in Africa, Dangote and Globacom were the highest-ranked Nigerian brands.

27 May 09:28 TheCable 7513571675588461076.html
Ryanair to announce 'hundreds' of Irish redundancies this week

The CEO of Ryanair Michael O'Leary says the airline is to announce redundancies of Irish pilots a...

27 May 09:35 Newstalk 7635722258404841200.html
Saudi takeover of Newcastle United in doubt after WTO finding

The prospect of the Saudi Arabian Government taking a majority stake in Newcastle United has suff...

27 May 09:26 Newstalk 7635722259484597756.html
Enter Nifty at current levels from 3-5 years’ perspective: IIFL Wealth

‘The biggest driver for economic recovery will be demand revival and consumption

27 May 09:34 The Economic Times 7653256036761701050.html
Short covering or a catch-up rally? What drove Sensex up 996 points

Among the blue chips, bank and financial stocks were in heavy demand.

27 May 09:12 The Economic Times 7653256038292384825.html
Floor trading resumes at Wall Street, with masks and plexiglas

Stocks surged following the trademark opening bell, which was presided over by New York Governor Andrew Cuomo and NYSE officials – all wearing masks.

27 May 09:14 The Jakarta Post 7678601103596075904.html
Saudi public sector employees will return to work starting May 31

Saudi public sector employees will start returning to work gradually as of Sunday May 31, after more than two months of suspension amid strict measures to help curb the novel coronavirus outbreak.

27 May 09:45 The Jakarta Post 7678601104051276706.html
Strict rules Primark fans will need to follow when stores reopen

Primark stores will look very different with changes to how customers shop and browse items

27 May 09:44 Liverpool Echo 7727211173071458738.html
Aston Martin appoints ex-AMG boss Tobias Moers as new CEO from August 1 – Andy Palmer steps down

Tobias Moers After some speculation, Aston Martin Lagonda has now confirmed that Andy Palmer will be stepping down as president and group CEO of the

27 May 09:41 Paul Tan's Automotive News 7862472106120750534.html
Companies Act 2013 Amended To Make PM CARES Eligible To Receive CSR Funding From Corporates

Now, corporates can fund the government under CSR activity. Gazette notification to this effect was released by the Narendra Modi government under which the PM CARES fund can receive funds from...

27 May 09:22 The Hans India 817019414801761961.html
Covid-19 to drive €4bn loan losses in Irish banks

Pandemic will wipe out capital due to be returned to shareholders

27 May 09:16 The Irish Times 8204772967741569016.html
Lockdown Barber Shops Ordered to Close by Trading Standards

A war led by the BBC on barber shops caught defying the lockdown to offer haircuts has ended, after the local trading standards department ordered the closing of around 20 rule-flouting hairdressers.

27 May 09:30 Gizmodo UK 8363059002089925341.html
Youth Online Businesses Face Closure as Govt Demands Fees

Deejays and those with online shops selling various goods including clothes, shoes and food items are affected by the pronouncements from...

27 May 09:25 Kenyans.co.ke 8634838154657740015.html
Japan Enacts High-Tech 'Super City' Bill Where AI, Big Data and Other Technologies Are Utilized To Resolve Social Problems

The Diet enacted a bill Wednesday to create "super cities" where artificial intelligence, big data and other technologies are utilized to resolve social problems. The Japan Times reports: The bill revising the national strategic special zone law passed the House of Councilors by a majority vote wit...

27 May 09:30 tech.slashdot.org 8720761276111945426.html
Stripe Expands to 5 More European Nations

Stripe, a major payment processing company, has expanded its services to five more European countries - the Czech Republic, Romania, Bulgaria, Cyprus, and Malta.

27 May 09:57 Finance Magnates 8992138266220168837.html
GCEX to Use Koine Custody and Settlement Service

Koine, a provider of segregated, institutional custody and settlement services for digital assets and fiat money, has integrated with digital broker GCEX.

27 May 09:59 Finance Magnates 8992138266767270018.html
Zimbabwe gold miners to keep more export earnings in dollars

Until now, gold miners received only 55% of their sales in dollars.

27 May 10:07 Moneyweb 1092550946152900890.html
Shanghai Stock Exchange mulls benchmark’s first revamp in 30 years

'Revamp will finally break the curse of the Shanghai composite being perpetually stuck at 3 000' - fund manager.

27 May 10:10 Moneyweb 1092550947561723505.html
China traders buying Hong Kong stocks like never before

History shows mainland buying tends to pick up when Hong Kong shares drop.

27 May 10:14 Moneyweb 1092550947965457950.html
SBI cuts fixed deposit rates by 40 bps; check out new rates

The new rates on retail term deposits are applicable from May 27, according to data available on the bank's website

27 May 10:25 Business Today 1145527431097523373.html
GE Power India appoints Mahesh Palashikar as Chairman

GE Power India is one of the leading players in the Indian power generation equipment market. Its manufacturing unit is located in Durgapur, West Bengal

27 May 10:12 Business Today 1145527431947824950.html
Kerala likely to resume sale of alcohol from May 28

The Kerala government has approved the resumption of the sale of alcoholic beverages in the state beginning Thursday, said sources, even as the state is witnessing a spike in COVID-19 cases following the easing of restrictions and arrival of Keralites from abroad and other parts of the country.

27 May 10:35 Mumbai Mirror 1209961191768939927.html
Boris Johnson vows not to hike income tax, VAT or national insurance and says triple lock on pensions will STAY despite coronavirus bailouts devastating public finances - with 8.4MILLION jobs now furloughed

Standing by Tory tax and pensions pledges today, Boris Johnson told senior MPs: 'We are going to meet all of our manifesto commitments.'

27 May 10:23 Mail Online 124328110968034366.html
LIC launches pension scheme with 10-year term policy for senior citizens

According to data, the number of folios with 44 fund houses rose to 9,04,28,589 at the end of April, from 8,97,46,051 in the end of March, registering a gain of 6,82,538 folios.

27 May 10:00 The Financial Express 1288289579728624292.html
Coronavirus Impact: Shapoorji Pallonji Real Estate bets big on digital, to redirect ad spends on digital marketing

The company plans to redirect around 50% to 60% of its ATL spends towards digital marketing which takes the tally to over Rs 10 crore

27 May 10:02 The Financial Express 1288289580437665195.html
Need funds after job loss? Your life insurance policy may help you get it in an easy way

People facing job loss or salary cuts may be in financial distress and need funds urgently to meet their day-to-day expenses.

27 May 10:58 The Financial Express 1288289580704188582.html
Stock Market Investment in times of Covid-19: Time to rebalance your portfolio, stay invested for long term

Stock markets are hard to predict. The best way to time the market is to remain invested in the market.

27 May 10:16 The Financial Express 1288289581326938554.html
Future Retail to raise up to Rs 650 crore via NCDs to refinance debt

The funds will be used mainly for replacing the company's existing high cost current or near term maturity debts requirements

27 May 10:23 Business-Standard 1502508924601077709.html
Top headlines: Google faces antitrust case in India, Ola buys Dutch firm

Business Standard brings to you the top headlines of the day

27 May 10:19 Business-Standard 1502508925019449187.html
Sovereign gold bond sale in May at Rs 1,168 cr, highest since launch

Record sale by value attributable to the high price of the metal in Indian markets.

27 May 10:26 Business-Standard 1502508926514203746.html
XRP Is Poised to Plunge Even Lower as Price Falls Under Two Crucial Supports

There was a short period last week during which altcoins outperformed Bitcoin. Yet XRP and the rest of the cryptocurrency market have begun to

27 May 10:00 Bitcoinist.com 1696346936776701985.html
Post Lockdown, Employees Allege Companies ‘Forcing To Resign’ The Job In Hyderabad

Coronavirus has hit all companies across industries with most seeing meager or zero inflow of revenue. From India’s largest business conglomerate Reliance Industries to smaller startups, there have been pay cuts and layoffs across the board. Several companies, especially startups have had to let go employees, thousands in some cases.

27 May 10:13 Hyderabad 2020700736236214577.html
Boeing set to announce significant US job cuts this week: Union

Boeing Co is expected to announce US job cuts this week after disclosing last month it planned to shed 10% of its worldwide workforce of 160,000 employees, people briefed on the plans and a union

27 May 10:56 Deccan Herald 2027555797754521990.html
‘Avalanche of Evictions’: Many Americans Face Homelessness as Moratoriums Lifted

Many Americans are facing unemployment and could soon be evicted amid the COVID-19 pandemic, despite temporary government assistance.

27 May 20:18 Sputniknews 967333868157516376.html
Boeing to lay off more than 13,000 workers including 6,700 involuntary job cuts as the aerospace giant reels from coronavirus crisis

Boeing announced Wednesday it will lay off around 13,000 workers including 6,770 involuntary cuts while 5,520 staffers were accepted for voluntary severance packages.

27 May 21:16 Mail Online 124328110710906403.html
Need for growing NDB into global development institution: FM Nirmala Sitharaman

In her remarks at the meeting, Sitharaman appreciated Kamath for his stellar stewardship in very quickly giving shape to the vision stated by the BRICS (Brazil, Russia, India, China and South Africa) leaders in 2014.

27 May 21:22 The Financial Express 1288289580136642424.html
Piyush Goyal asks industry to start working for post-COVID period; says worst for economy is over

The minister said that "worst for the economy is over. Things are looking up, and revival is in the air".

27 May 21:01 The Financial Express 1288289580262537813.html
Coronavirus Impact: 72% consumers want to buy from locally sourced items going forward: Deloitte Consumer Tracker Report

Consumers are carefully evaluating needs versus wants of products and services making a shift towards less discretionary purchases

27 May 21:17 The Financial Express 1288289580743209693.html
Boeing resumes production of its troubled 737 Max airplane

The plane involved in two fatal crashes is starting back up production.

27 May 21:49 The Verge 1337119303936595656.html
AfDB:I maintain my innocence on allegations – Adesina

Adesina said this in a statement he personally signed and issued on Wednesday.

27 May 21:38 The Eagle Online 1463511648261682475.html
Lufthansa refuses to accept EU conditions on $10-billion bailout

Airlines including Air France-KLM and the main U.S. carriers have all sought government aid to ride out the coronavirus crisis, which has brought air travel to a near-halt.

27 May 21:24 Business-Standard 1502508924648587859.html
Chevron Corp sees up to 15% reduction in positions amid Covid-19 crisis

Most of the reductions will take place this year, according to an internal memo said.

27 May 21:34 Business-Standard 1502508925099444826.html
IAF gets second Tejas squadron; Air Chief shows the way with solo sortie

Air force chiefs, including Pakistan's recently, often go up for a spin to boost the morale of their fighter pilots.

27 May 21:13 Business-Standard 1502508925386956763.html
SBI simplifies EMI moratorium process, starts notifying eligible borrowers via SMS

SBI on Wednesday said it has simplified the equated monthly instalment (EMI) deferment process for eligible borrowers who want to avail moratorium on term loan repayments. It has reached out to all

27 May 21:30 Deccan Herald 2027555795939864923.html
SEEK job ads continue to increase as economy reboots

It appears job advertisements are continuing to climb, after a sharp drop off in April due to coronavirus. SEEK’s latest data shows that new job ads posted on their website during the fortnight ended…

27 May 21:56 myGC.com.au 214966661916839719.html
S&P Global Reports Record Number of Potential Downgrades

In total, 1,287 of S&P’s ratings are now on a downgrade warning, more than in April 2009.

27 May 21:06 The Motley Fool 2231313657858111264.html
Stock Market Wrap-Up: Why Tesla's Price Cuts and Beyond Meat's Stock Drop Shouldn't Worry You

The stock market posted another round of gains.

27 May 21:57 The Motley Fool 2231313658479391513.html
Lufthansa's $15b rescue hits surprise hurdle as board rejects EU conditions

Lufthansa's German government bailout was thrown into doubt after the airline's supervisory board refused to accept the conditions attached by Brussels.

27 May 21:24 Brisbane Times 2314609338301866085.html
Goldman Sachs warns of a 'start-and-stop' economic recovery

The global economy could be in for a bumpy ride as lockdowns tied to the COVID-19 pandemic begin to ease, says Goldman Sachs president John Waldron.

27 May 21:40 Brisbane Times 2314609338719814161.html
FIA approves F1's budget cap reduction and handicap system

There will be greater aerodynamic restrictions for the more successful teams in a development handicap system.

27 May 21:53 Brisbane Times 2314609338818886706.html
Flying high: SAA rescue practitioners defend their R30m fees

Rescue practitioners Siviwe Dongwana and Les Matuson have come under fire for the R30m in fees that they have invoiced and the R10bn spent on restructuring SAA since it was placed under business rescue on 5 December 2019.

27 May 21:53 Daily Maverick 2373996787801202871.html
Venezuela reaches deal with U.N. to buy food, medicine with gold -cenbank

CARACAS — Venezuela has reached a deal with the U.N. Development Programme (UNDP) to destine part of its gold in Bank of England accounts toward the purchase of food and medicine during the coronavirus pandemic, its central bank governor said on Wednesday.

27 May 21:39 Financial Post 2379081492047098687.html
CMHC sees declines in home prices, sales, starts that will linger to end of 2022

Canada's housing sector will see a retreat in prices, sales and building in the months ahead and likely won't see a return to pre-pandemic levels until at least the end of 2022, according to Canada Mortgage and Housing Corp.

27 May 21:22 CTVNews 2422791598521370804.html
What you need to know about paying your Local Property Tax

The year 2020 is bringing a lot of changes for the Local Property Tax. Here's everything you need to know in simple terms.

27 May 21:40 RSVP Live 2434255978113315468.html
FG to ammend National Endowment for the Arts Act

The Federal Government is to ammend the Act establishing the National Endowment for the Arts, to better meet the demands of the creative..

27 May 21:41 Latest Nigeria News, Nigerian Newspapers, Politics 2658445901192755391.html
Oyo group backs govt to take N22.5b loan - The Nation Nigeria

An Oyo State-based socio-political organisation, Oyo Kajola Group (OKG), has described the approval of N22.5 billion loan by the House of Assembly ...

27 May 21:53 Latest Nigeria News, Nigerian Newspapers, Politics 2658445901305971660.html
I've not stepped down as AfDB president, says Adesina

African Development Bank (AfDB) President Dr. Akinwumi Adesina has denied stepping down from office.Adesina, in a statement, said “the bank’s...

27 May 21:13 Latest Nigeria News, Nigerian Newspapers, Politics 2658445901503857699.html
Boeing job cuts start to hit nearly 13,000 workers

A drop in travel due to the pandemic worsened the situation for the company, which was already in crisis.

27 May 21:52 BBC News 3883826128897231924.html
Oil slides on OPEC, Russia uncertainty

Russia is sending mixed signals ahead of the meeting in less than two weeks between the Organization of the Petroleum Exporting Countries and its allies.

27 May 21:32 Australian Financial Review 3974284486370641947.html
Value rotation was the last thing big funds thought would happen

Up 5.2 per cent this week, value stocks in the Russell 1000 Index are poised to beat their growth counterparts by the most in 11 years.

27 May 21:42 Australian Financial Review 3974284487344312638.html
Carl Icahn Exits Bankrupt Hertz at Loss of Almost $1.6 Billion

Billionaire investor Carl Icahn sold out of Hertz Global Holdings Inc., the rental-car company that filed for bankruptcy last week, calling off a roughly six-year bet that lost him almost $1.6 billion.

27 May 21:13 Bloomberg.com 4032480121260440108.html
CBN reduces interest rate on OFIs facilities to 5% per annum

CBN has reduced interest rates on its facilities through participating OFIs to five percent per annum, effective March 1 due to COVID-19.

27 May 21:30 Vanguard News 4125100339948809635.html
Nationalisation of Reserve Bank: What SA can learn from New Zealand

New Zealand’s handling of policymaking regarding its central bank holds lessons for SA when it comes to plans to nationalise Reserve Bank, writes Hlengani Mathebula.

27 May 21:40 CityPress 437075750742291341.html
AUD/USD stretches recovery moves beyond 0.6600 despite US-China tussle

AUD/USD extends the late-US session recoveries while trading around 0.6620 at the start of Thursday’s Asian session. Although concerns surrounding the

27 May 21:57 FXStreet 4480975638179646868.html
Wall Street Close: Bulls holding the reigns still and defying gravity

US benchmarks impressed yet again on the bid as a classic case of fear of missing out could well be drawing the less committed, or late decision-makin

27 May 21:39 FXStreet 4480975638899289474.html
US House votes to send China sanctions bill to Trump’s desk as tensions escalate – CNBC

While adding fuel to the already heated relations between the US and China, CNBC conveyed the news that the US House of Representatives got the votes

27 May 21:35 FXStreet 4480975639204816238.html
US Diplomat Stilwell: Appears Beijing is using coronavirus to accelerate political agenda, including on Hong Kong

Amid a slew of comments from the US and Chinese diplomats, David Stilwell, top US policymakers for East Asia recently conveyed his view for the Asian

27 May 21:25 FXStreet 4480975639754933806.html
PH airlines ready to resume flights under ‘new normal’

Philippine carriers are ready to resume passenger commercial flights under the “new normal” as the Air Carriers Association of the Philippines renewed their call for government support.

27 May 21:50 manilastandard.net 4715274784328806633.html
Singapore firm offers to acquire P7.3-b stake in First Gen

Valorous Asia Holdings Pte. Ltd. of Singapore offered to acquire up to 9 percent of outstanding common shares of First Gen Corp. for P7.286 billion.

27 May 21:30 manilastandard.net 4715274785920166528.html
JP Morgan's Rs 187 Crore-Assets Attached, Firm Denies Wrongdoing In Top Court

The Enforcement Directorate on Wednesday informed the Supreme Court that it has attached the assets worth Rs 187 crore of multi-national firm JP Morgan alleged to have been involved in syphoning of Amrapali Group home buyers money.

27 May 21:09 NDTV.com 5090057680590852401.html
Over 3,500 Special Trains Originated Till Now: Railways

The Ministry of Railways on Wednesday informed that over 3,500 Shramik special trains have been originated till now by Indian Railways carrying more than 48 lakh passengers to various destinations.

27 May 21:30 NDTV.com 5090057681282226549.html
Boeing restarted 737 Max production just hours after saying it would lay off thousands of workers, Business Insider - Business Insider Singapore

Business Insider - Boeing said it had resumed construction of the 737 Max at its Renton, Washington, plant, just hours after announcing layoffs.. Read more at businessinsider.sg

27 May 21:30 www.businessinsider.sg 5090408756533427763.html
Vacation rentals around the world have jumped 127% since early April in a sign that people are slowly starting to travel again, Business Insider - Business Insider Singapore

Business Insider - A surge in domestic tourism is fueling a rebound in short-term rentals as states begin to ease lockdowns, according to data from AirDNA.. Read more at businessinsider.sg

27 May 21:58 www.businessinsider.sg 5090408756804792414.html
Congress has yet to agree on the latest coronavirus relief package, so don't expect another stimulus check in June, Business Insider - Business Insider Singapore

Business Insider - Many Democratic lawmakers are pushing to send more stimulus checks to households, but it's unlikely to happen in June.. Read more at businessinsider.sg

27 May 21:30 www.businessinsider.sg 5090408757546802372.html
Thai parliament urged to pass record US$60 billion coronavirus stimulus bill

Thailand's premier on Wednesday urged parliament to approve the kingdom's biggest-ever stimulus package to revive an economy battered by ...

27 May 21:30 CNA 5644198862660353522.html
Lufthansa board rejects EU conditions on US$10 bln bailout

German airline Lufthansa's supervisory board on Wednesday rejected conditions imposed by Brussels on a proposed government bailout, casting fresh ...

27 May 21:25 CNA 5644198862784753417.html
From NCLT to upper circuit: The comeback of Alok Industries

The stock was listed on February 27 at Rs 14 and declined to a low of Rs 3.92 on March 31.

27 May 18:58 The Economic Times 7653256036430416245.html
Government tracks package rollout to gauge impact on ground

Officials said the focus is on implementation of the measures announced in the package before any fresh ones are undertaken. "Focus, right now, is to implement the various elements of the package... A number of them need cabinet approval. So, the process has been set in motion," said one of the officials.

27 May 18:37 The Economic Times 7653256036709054142.html
Reopened US car factories see coronavirus cases as production rolls on

In the week since US auto factories reopened after coronavirus lockdowns, workers at all three Detroit automakers have tested positive for COVID-19 but only Ford has temporarily closed plants. The US

27 May 18:45 New York Post 7654946768299165648.html
Wholesaler Quality King sued by AG for alleged coronavirus price gouging

“Quality King’s profiteering during this time of crisis is appalling,” said Attorney General Letitia James. “Instead of ensuring New Yorkers could protect themselves from this virus and stop

27 May 18:23 New York Post 7654946769163208679.html
Wilbur Ross says SpaceX launch makes space ‘new war-fighting domain’

Commerce Secretary Wilbur Ross said Wednesday afternoon's launch of SpaceX has huge financial and military implications for the US, including making space the "new war-fighting domain."

27 May 18:02 New York Post 7654946769310822907.html
Consumer sector seen de-growing by 2-4%

Mumbai: The coronavirus lockdowns and the resultant disruptions in demand and supply will see the consumer sector de-growing by 2-4 per cent this fiscal, says a report. However, the impact will be...

27 May 18:16 The Hans India 817019414103669867.html
Wonderla's net profit falls in Q4 to 1.56 crore

Hyderabad: Amusement park operator Wonderla Holidays on Wednesday said it registered 77.68 per cent drop in its net profit to Rs 1.56 crore in the quarter ended March 2020 as against Rs 6.99 crore...

27 May 18:10 The Hans India 817019415432388670.html
Lufthansa bailout 'in Europe's best interests'

German economy minister Peter Altmaier has said he expects the European Commission to approve a €9bn bailout of flagship carrier Lufthansa, adding that it was also in Europe’s interests to avoid a sell-off of such companies.

27 May 18:00 Irishexaminer 8196011178477244896.html
Occidental is sued by shareholders, bondholders over Anadarko merger

NEW YORK (Reuters) - Occidental Petroleum Corp (OXY.N) has been sued by investors who claim they suffered billions of dollars of losses because the heavily indebted company concealed its inability to weather plunging oil prices, after paying $35.7 billion to acquire Anadarko Petroleum Corp.

27 May 18:51 Reuters 8334514180603617335.html
Disney to present reopening plan for Walt Disney World

LOS ANGELES (Reuters) - Walt Disney Co will present its proposal for a phased reopening of its Orlando, Florida, theme parks to a local task force on Wednesday, the company said in a statement.

27 May 18:42 Reuters 8334514181066773187.html
Coronavirus lockdown has driven dairy consumption in homes up to 20%, says Amul MD

However, categories such as ice-cream has seen a 80 per cent dip in sales. Amul is also sitting on huge inventory of milk powder, with HOREKA sales coming to a halt

27 May 19:23 Business Today 1145527432239661185.html
Economy contracted by 1.7 per cent in March quarter - PIOJ

Jamaica’s real Gross Domestic Product (GDP) contracted by an estimated 1.7 per cent during January to March 2020, ending 20 consecutive quarters of no economic contraction. Director General of the Planning Institute of Jamaica (PIOJ) Dr Wayne...

27 May 19:48 The Gleaner 1215260530149044821.html
Bellagio, MGM Grand, Caesars Resorts to Reopen in Las Vegas on June 4

Multiple casino-resorts plan to open their doors amid COVID-19 world restrictions and new safety protocols.

27 May 19:10 The Hollywood Reporter 121801344228742758.html
After Modi’s economic package, Nitin Gadkari asks states to chip in Rs 20 lakh cr more to fight coronavirus

Nitin Gadkari today said that states must contribute Rs 20 lakh crore to fight against coronavirus-led disruptions.

27 May 19:03 The Financial Express 1288289579845485752.html
Floor price issue may not figure on Trai’s radar for at least 2 months amid COVID-19 crisis: Source

This is not an "opportune moment" to address the issue, and in any case, telecom operators are free to take decisions on tariff matters, the senior Trai official said.

27 May 19:49 The Financial Express 1288289580379096890.html
Fixed Deposits: State Bank of India (SBI) cuts FD interest rate by 0.4% across all tenure – Check new rates

SBI Latest FD Rates: The new rates of interest will apply to fresh deposits and renewals of maturing deposits.

27 May 19:05 The Financial Express 1288289581459810089.html
Thanks to Covid, India shows highest surge in preference for e-commerce among these top nations

The hygiene and risk factors have contributed to the increased adoption of e-commerce channel among customers who have either been inactive in digital buying or preferred traditional channel for touch-and-feel factor before making purchases.

27 May 19:45 The Financial Express 1288289581528201808.html
Is India's richest man Mukesh Ambani betting on US-China tech war?

US-traded Chinese technology firms such as JD.com and NetEase are looking for an alternative home closer to the mainland in case tensions between Washington and Beijing escalate

27 May 19:35 Business-Standard 1502508925616984586.html
A Closer Look at Federal COVID Contractors Reveals Inexperience, Fraud Accusations, and a Weapons Dealer Operating Out of Someone’s House

ProPublica is a nonprofit newsroom that investigates abuses of power. Sign up to receive our biggest stories as soon as they’re published.

27 May 19:25 Msn 1509165514261870520.html
CMHC sees declines in home prices, sales, starts that will linger to end of 2022

Canada's housing sector will see a retreat in prices, sales and building in the months ahead and likely won't see a return to pre-pandemic levels until at least the end of 2022, said Canada Mortgage and Housing Corp. in an outlook released Wednesday.

27 May 19:12 CP24 1887544294507441174.html
Trump’s Economic Advisers Are Wrong

Forget a V-shaped recovery, or even a U.

27 May 19:20 NY Times 1961078289921581625.html
Why NIO Stock Is Rising Today

An analyst upgrade ahead of earnings is giving shares a boost.

27 May 19:34 The Motley Fool 2231313658549831853.html
Boeing slashes 12,000 jobs as virus seizes travel industry

Boeing is slashing around 10 per cent of its workforce, and the aircraft maker says more cuts are coming.

27 May 19:56 Brisbane Times 2314609339797227993.html
Reserve Bank paints sobering picture of SA financial (in)stability

The South African Reserve Bank has just published its first Financial Stability Review for 2020. It makes for sober reading ahead of the expected end of prohibition.

27 May 19:51 Daily Maverick 2373996787396836849.html
More than 17,000 parked planes: Visualizing the pandemic’s impact on air travel

The coronavirus pandemic has brought commercial air travel to a near standstill, and the empty skies mean airlines around the world are facing some tough questions about how long their planes will be parked and what a longer interruption to air travel could mean for the industry as a whole.

27 May 19:53 CTVNews 2422791598353548917.html
Biotech Stocks Have Been on Fire, But Timing Is Everything

Consensus is that the experts will find a vaccine to Covid-19 soon, so the biotech stocks have rallied hard. Buying them now carries risk.

27 May 19:08 InvestorPlace 24614509458666124.html
General Electric News: GE Stock Lights Up 8% on Light Bulb Business Sale

General Electric (GE) news for Wednesday concerning the sale of the company's lighting business has GE stock taking off.

27 May 19:50 InvestorPlace 24614509692782925.html
Tractor Supply News: Why TSCO Stock Is Surging 8% Today

Tractor Supply (TSCO) is in the news Wednesday after revealing an incredibly strong outlook for the second quarter of 2020.

27 May 19:02 InvestorPlace 24614509955458748.html
Why Patience Is Key When It Comes to DraftKings Stock

The sports betting market offers a huge growth runway and DraftKings stock is a play on it, but the share price has gotten too high.

27 May 19:42 InvestorPlace 24614510236895094.html
Netflix Stock Is a Win No Matter Where the Pandemic Goes

NFLX stock is more than just a pandemic play. The firm will likely continue to perform in the quarters ahead despite the economic downturn.

27 May 19:28 InvestorPlace 24614511171410388.html
Merkel vows a ‘tough fight’ with Brussels over Lufthansa rescue

Merkel and Vestager brace for a fight over how far Berlin can go to save its flag carrier.

27 May 19:22 POLITICO 2584151346612800170.html
Virus sparks record drop in energy investment: IEA

All the energy sectors -- oil, gas, renewables -- everything is affected but the biggest impact is on shale oil, the agency's director Fatih Birol said

27 May 11:34 New Vision 9103146372575578371.html
McDonald's reveals when they're reopening all UK drive-thrus

The chain has announced it will reopen all of its drive-thrus and many more restaurants for delivery.

27 May 11:28 Metro 970161748195419514.html
Indian banks need $20 billion additional capital as credit quality weakens: Credit Suisse

The lenders would require extra capital in the coming 12 months as credit quality declines, resulting in wider provisioning

27 May 12:19 Business Today 1145527430828778737.html
COVID-19 lockdown: Tourism ministry extends validity of approval, classification of hotels till June end

Due to the postponement of inspection work and application scrutiny during the lockdown period, it has decided to allow six months' relaxation or extension to all categories of tour operators.

27 May 12:47 The Financial Express 1288289580048765492.html
How COVID-19 has changed the face of insurance industry and the role digital can play

The emerging trends post COVID crisis can be far-reaching. Pandemics can be short-lived, but the economic impact can be long-term.

27 May 12:59 The Financial Express 1288289580148367325.html
Nationwide lockdown may shrink India’s GDP by this much in Q1; SBI gives hope for Q2

The contraction in the Q1 FY21 GDP may be as high as 40 per cent.

27 May 12:19 The Financial Express 1288289580281026414.html
ICC Board Meeting: World T20 to be postponed to 2022, October window for IPL

Some of the issues that BCCI as well as all other stakeholders will be dealing with include, limited or no spectators as per ICC regulations.

27 May 12:49 The Financial Express 1288289580553785087.html
Birla Corporation share price rockets 40% in two days, cement shares gain as demand picks up

Among other cement and cement products stocks, Dalmia Bharat shares surged 8 per cent and Anjani Portland Cement shares advanced 11.42 per cent.

27 May 12:48 The Financial Express 1288289581334167304.html
Covid-19 pandemic to accelerate digital adoption in India: Morgan Stanley

Morgan Stanley said Covid-19 has relieved some apprehension relating to digital transactions

27 May 12:44 Business-Standard 1502508924778976288.html
Kolkata Metro Railway to start trial run of trains for maintenance

Preparations have begun for restarting metro services in the city with stress on maintaining social distancing at stations and inside the trains

27 May 12:25 Business-Standard 1502508924825089491.html
Govt may launch coal blocks auction under commercial mining on Jun 11

The government last week approved a methodology for commercial mining of coal on revenue sharing basis

27 May 12:12 Business-Standard 1502508925317405421.html
UP eyeing post-covid investment from US, Japan, Korea: Industry minister

Admits labour migration posing a challenge to industrial revival; no special approval needed to start operations for new MSME units for next 3 years

27 May 12:10 Business-Standard 1502508925360896100.html
Aditya Birla Fashion plans to launch Rs 1,000-cr rights issue: Official

The rights issue is part of their objectives of reducing leverage, strengthening balance sheet apart from funding general corporate expenses, including working capital

27 May 12:16 Business-Standard 1502508925597282738.html
Blue Dart: Muted volumes, revenues amid high costs to weigh on margins

Given the sharply lower operating performance, the company reported a loss (after adjustments) of Rs 8 crore as compared to analyst estimates which had pegged the profit number at Rs 30 crore

27 May 12:23 Business-Standard 1502508925927469607.html
UP to bring industry chambers on board for providing jobs to migrants

So far, the state has evacuated more than 2.5 mn stranded workers

27 May 12:58 Business-Standard 1502508925952823489.html
France GDP could fall 'around 20%' in second quarter: Statistics agency

France's economy could contract by around 20 per cent in the second quarter as lockdown measures meant to slow the spread of the coronavirus slashed activity, the national statistics agency INSEE

27 May 12:49 Deccan Herald 2027555797413957932.html
Japan doubles down on stimulus with extra $1 trillion in aid

Package includes financing for companies, rent subsidies and healthcare assistance

27 May 12:51 Gulf News 2086521545504208423.html
City of Cape Town offers rates and service relief in revised budget

Due to the loss in revenue and the impact the lockdown has had on local economies, the City of Cape has revised its 2020/21 budget to boost the economy and to offer service relief packages. It was approved on Wednesday.

27 May 12:49 Daily Maverick 2373996788988976506.html
Apple will reopen 100 stores in the U.S. this week

Apple is reopening 100 more retail stores in the United States this week that it was forced to close because of the coronavirus, though customers won't be able to enter many of them just yet.

27 May 12:08 Coronavirus 2422791598833712079.html
Peloton Stock Is Only a Buy On the Next Pullback

PTON stock has rallied as demand has skyrocketed. But the rally looks like it's gone a bit too far. Investors would do well to stay patient.

27 May 12:40 InvestorPlace 24614509171658865.html
It’s Not a Fantasy to Believe in DraftKings

Although the fans may not be there, pent-up demand from so many people going without should help drive up DKNG.

27 May 12:27 InvestorPlace 24614509627221456.html
7 Cheap Stocks to Buy With Great Potential

In times of market turbulence, cheap stocks offer a unique way to escape the broad moves up and down and instead benefit from big potential.

27 May 12:50 InvestorPlace 24614511166771874.html
Volkswagen India introduces leasing, flexible financing options to drive sales amid COVID-19

The Volkswagen Secure and Power Lease initiatives provide customers the power and independence to purchase their favourite Volkswagen in a hassle-free, contactless and digitalised manner, Volkswagen Passenger Cars India Director Steffen Knapp said.

27 May 12:24 The Indian Express 2885715104059547866.html
Sunway Bhd launches cash call to raise up to RM1.11b

KUALA LUMPUR, May 27 — Sunway Bhd, which today reported a 42.6 per cent drop in first-quarter (Q1) net profit to RM78.29 million, has proposed to a renounceable rights issue to raise up to RM1.11 billion. The company is planning to issue up to 1.11 billion new irredeemable convertible preference...

27 May 12:44 Malaymail 302165934695804370.html
Global stocks are mixed after Trump promised 'interesting' action against China, while Europe awaits a huge new stimulus package

Global stocks are mixed Wednesday as investors weigh rising US-China tensions and the growing implications of a new draconian law on Hong Kong, ...

27 May 12:06 Business Insider 3364799148185423254.html
India among major markets to see increase in ATM usage over 2019

Almost half of the world’s major markets saw an increase in the use of ATMs over 2019, despite the global push towards cashless payments which has intensified due to the coronavirus outbreak in recent months.

27 May 00:00 FinTech Futures 6822881035385271616.html
Ask the expert: how can I improve my success rate creating partnerships?

In this fortnightly column, Ask The Expert, we aim to provide readers with practical advice on how to grow their businesses.

27 May 00:00 FinTech Futures 6822881035452489109.html
JP Morgan to deploy Calastone tech for automated settlement

JP Morgan has signed a partnership agreement with Calastone which will see it deploy the latter’s technology to enhance its settlements processes.

27 May 00:00 FinTech Futures 6822881035741537892.html
Unibank completes processing stage of TranzAxis migration

Azerbaijan-based Unibank has connected its in-house processing directly to Mastercard, a step towards its full migration to Compass Plus’s open payments platform TranzAxis.

27 May 00:00 FinTech Futures 6822881035899361502.html
Hyundai Capital America goes live with Sopra’s Cassiopae

Hyundai Capital America (HCA), the captive finance arm of Hyundai Motor Company, has gone live on Sopra Banking Software’s Cassiopae system.

27 May 00:00 FinTech Futures 6822881036825422942.html
UBS to set up fintech venture fund to speed up its digitisation

UBS is looking to invest “hundreds of millions” of its own money in “dozens” of fintechs, in a move to  finance start-ups which are disrupting the banking industry.

27 May 00:00 FinTech Futures 6822881037125080095.html
Connect First Credit Union appoints former ATB exec as new COO

Canada’s Connect First Credit Union has announced the appointment of Wellington Holbrook as its chief operating officer.

27 May 00:00 FinTech Futures 6822881037236040044.html
Supply side inflation easing

Via the excellent Damien Boey at Credit Suisse:

27 May 00:20 MacroBusiness 6890797929278640079.html
Apple finally lets Indian users custom configure MacBooks and Mac Pros

Apple is finally allowing Indian customers to purchase customized, configure-to-build Mac and MacBook variants. This move gives Indian Mac buyers much-needed flexibility in terms of RAM, storage, and CPU/GPU configurations.

27 May 00:00 Notebookcheck 6932799088324030749.html
Trade War 2.0 or worse? Trump strips Hong Kong of it's special trading status, dramatically escalating US-China tensions

In a move that will almost certainly have an impact on global consumer tech supply chains, US President Donald Trump's administration dramatically escalated simmering tensions with China by revoking Hong Kong's special trade status.

27 May 00:00 Notebookcheck 6932799089179850020.html
Trade War 2.0 or worse? Trump strips Hong Kong of its special trading status, dramatically escalating US-China tensions

In a move that will almost certainly have an impact on global consumer tech supply chains, US President Donald Trump's administration dramatically escalated simmering tensions with China by revoking Hong Kong's special trade status.

27 May 00:00 Notebookcheck 6932799089916882177.html
The US gaming headset market is found to have hit new heights as of April 2020

A new market research report states that the gaming headset sector broke records in terms of US retail sales in April 2020. This study also found that 8 of the 10 best-selling devices in this category were from the brand Turtle Beach. Of these, its Stealth 600 has accrued the most revenue in 2020 so far.

27 May 00:00 Notebookcheck 6932799090217982995.html
Azam named top African Brand

Azam was on Sunday named one of the most admired African brands.The Azam non-cyclical consumer segment emerged as one of Most Admired African Brands (prompted) in this year’s Brand Africa.

27 May 00:00 THE CITIZEN 7029251212992367587.html
Motorola On A Roll As Retailers & Carriers Take On New Models

It was a great US smartphone brand, that became the #1 brand in Australia, their hero was the Motorola Razr then it all fell apart because of a lack of competitive Android based products, that was until now.

27 May 00:00 channelnews 7653493205599537898.html
Morgan Stanley Tip Westfield Malls Best Set To Recover

Morgan Stanley analysts predict Scentre-owned Westfield will be among the best set shopping malls for recovery amidst the coronavirus pandemic.

27 May 00:00 channelnews 7653493206431162110.html
VTA’s suggestion to MSME Minister Gadkari on GECL

Recently Government of India notified the Rs. 3 lakh crore Guaranteed Emergency Credit Line (GECL) Scheme for Medium, Small and Micro Enterprises (MSMEs) under the Atma Nirbhar Bharat Abhiyan to assist them surge over the economic distress being faced due to the COVID-19 pandemic. Under this GECL scheme, MSMEs borrowers having Rs 25 crores of […]

27 May 00:00 Nagpur Today 7783904107054593825.html
Global mobile phone shipments to decline 14.6% in 2020: Gartner

Due to impacts of Covid-19, shipments of total mobile phones are forecast to decline 14.6 percent in 2020

27 May 00:00 Telangana Today 8182025566371413795.html
India’s GDP growth seen at 1.2% for Q4 Financial Year 2020

Country's GDP is estimated to have grown at 1.2 percent in the last quarter of the previous fiscal as economic activity came to a standstill in the last week of March due to the nationwide lockdown.

27 May 00:00 Telangana Today 8182025566531055376.html
Teaching people to fish

What’s in a number? For some, it means a lot. For others, it reveals nothing. The reality, however, lies somewhere in between.

27 May 00:00 Telangana Today 8182025566821639163.html
French Tennis Federation to help lowly ranked players financially

The French Tennis Federation (FTF) will shortly launch a relief fund totaling 35 million Euros next week, with a million Euros

27 May 00:00 Telangana Today 8182025566874087031.html
GHMC collects Rs 331 cr property tax so far

Despite the State government extending a five per cent rebate on property tax to all structures, including commercial buildings

27 May 00:00 Telangana Today 8182025567108440839.html
445 domestic flights carrying 62,641 passengers operated on Tuesday: Aviation Minister

A total of 445 domestic flights, carrying 62,641 passengers, were operated on Tuesday

27 May 00:00 Telangana Today 8182025567111887623.html
Bharti Telecom sells 2.75% stake in Airtel

Bharti Telecom has sold 2.75 percent stake in Airtel to institutional investors in the secondary market, raising over Rs 8,433 crore

27 May 00:00 Telangana Today 8182025567150906748.html
New warehousing facility to come up at Kothur near Hyderabad

Embassy Industrial Parks, a joint venture between the Embassy Group and Warburg Pincus that is into logistics and warehousing, is in advanced stages of acquiring land near Kothur to develop a warehousing facility, according to a top official.

27 May 00:00 Telangana Today 8182025567155932774.html
Stock markets in retreat as China-US tensions return to fore

Asian equities mostly fell Wednesday as profit-taking and worries about deteriorating China-US relations outweighed optimism over the gradual reopening of economies around the world.  

27 May 00:00 Telangana Today 8182025567457651602.html
Russians fix vibration, N-power unit restarts at Kudankulam

The second 1,000 MW atomic power plant of Nuclear Power Corporation of India Ltd (NPCIL) at Kudankulam that was shutdown

27 May 00:00 Telangana Today 8182025567531954675.html
India facing its worst recession in current fiscal: Crisil

India's fourth recession since independence, the first since liberalisation and perhaps the worst to date, is here, Crisil said on Tuesday

27 May 00:00 Telangana Today 8182025567676339262.html
Gofrugal helping small retailers go digital

As the country came to a shutdown due to Covid-19, neighbourhood stores have emerged true heroes by being there for customers

27 May 00:00 Telangana Today 8182025567706658229.html
COVID-19 to accelerate digital adoption in India

COVID-19 is expected to accelerate digital adoption in India and as online trends take shape, behavioural modification could strengthen, with contactless shopping, payments.

27 May 00:00 Telangana Today 8182025567720725101.html
Floor trading resumes at NYSE, with masks and plexiglas

New York Stock Exchange, the symbolic heart of Wall Street, reopened its floor Tuesday after a two-month closure due to the coronavirus, with traders donning masks and separated by plexiglas.     

27 May 00:00 Telangana Today 8182025567725382263.html
CM KCR calls for austerity measures

Pointing out that the income from transport, registration and other departments was not something to write about, CM KCR said the State will have to make do with whatever meagre income it was generating

27 May 00:00 Telangana Today 8182025567754185698.html
Patanjali to raise Rs 250 cr through debentures

Baba Ramdev-led Patanjali Ayurved plans to issue debentures worth Rs 250 crore that will be used to meet its working capital requirements and strengthen supply chain network.

27 May 00:00 Telangana Today 8182025568123578175.html
Irish Times view on Europe’s relations with China: Into the East Asian century

China has deployed a twin-track strategy of soft and hard-power diplomacy

27 May 00:13 The Irish Times 8204772967323310399.html
Government ‘missed opportunity’ not saving company tax windfalls, Ifac says

Budgetary watchdog says Republic ‘could have been running a much bigger surplus’ in recent years

27 May 00:26 The Irish Times 8204772969229196698.html
Retail stores allowed to reopen in city of Los Angeles, Garcetti says

Small retail stores in the city of Los Angeles will be allowed to reopen starting Wednesday, Mayor Eric Garcetti announced.

27 May 00:47 ABC7 Los Angeles 8300010440450512537.html