Economy 8327 May12:0014:0016:0018:0020:00
Boeing slashes 12,000 jobs as virus seizes travel industry

27 May 19:56 4 articles

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
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
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
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
Canadian court arrives at decision for Huawei's CFO, Meng Wanzhou

27 May 19:40 3 articles

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
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
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
The demise of oil may have been greatly exaggerated

27 May 19:15 3 articles

The demise of oil may have been greatly exaggerated

The pandemic sent shockwaves through the oil industry but there are reasons to believe the worst has passed.

27 May 19:15 The Age 7967730562918306578.html
The demise of oil may have been greatly exaggerated

The pandemic sent shockwaves through the oil industry but there are reasons to believe the worst has passed.

27 May 19:15 Brisbane Times 2314609339937379090.html
The demise of oil may have been greatly exaggerated

The pandemic sent shockwaves through the oil industry but there are reasons to believe the worst has passed.

27 May 19:15 WAtoday 6806590900383568658.html
Robinhood says it's fixed an issue that showed incorrect portfolio values for users

27 May 19:57 1 article

Robinhood says it's fixed an issue that showed incorrect portfolio values for users

Robinhood said Wednesday it fixed an issue that led some users' portfolios to display incorrect balances. The company tweeted it 'encountered an...

27 May 19:57 Business Insider 3364799147065141718.html
These 5 'stay at home' stocks are getting pounded as the US economy reopens, Business Insider - Business Insider Singapore

27 May 19:49 3 articles

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
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
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
Why US energy CEOs will get big payouts despite oil meltdown

27 May 19:06 1 article

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
Von Der Leyen: Europe's next generation will benefit from rescue deal

27 May 19:28 1 article

Von Der Leyen: Europe's next generation will benefit from rescue deal

European Commission president tells Euronews that the massive stimulus package is 'Europe's moment'.

27 May 19:28 euronews 7318238122364417890.html
What is the difference between subsidized and unsubsidized student loans?

27 May 19:59 2 articles

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
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
CMHC sees declines in home prices, sales, starts that will linger to end of 2022

27 May 19:12 1 article

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
Bellagio, MGM Grand, Caesars Resorts to Reopen in Las Vegas on June 4

27 May 19:53 2 articles

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
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
Micron climbs 6% after boosting sales guidance by more than expected

27 May 19:16 2 articles

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
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
China puts GDP target on history's ash pit

27 May 19:13 1 article

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
Total number of coronavirus cases in Gulf Arab states surpasses 200,000: Reuters tally

27 May 19:17 1 article

Total number of coronavirus cases in Gulf Arab states surpasses 200,000: Reuters tally

DUBAI (Reuters) - The number of coronavirus cases in the six Gulf Arab states doubled in less than a month to surpass 200,000 on Wednesday, according to a Reuters’ tally, at a time the region’s two biggest economies move to resume activity.

27 May 19:17 Reuters 8334514181680513892.html
Italy PM meeting with allies fails to break Atlantia deadlock

27 May 19:06 1 article

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
Cityjet pilots fear Scandinavian crew will replace them

27 May 19:50 1 article

Cityjet pilots fear Scandinavian crew will replace them

Irish-based airline has contract to provide aircraft and crew to fly routes for SAS

27 May 19:50 The Irish Times 8204772968985902807.html
Fed says pandemic inflicted most ‘severe’ damage on travel sector

27 May 19:13 1 article

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
Trump’s Economic Advisers Are Wrong

27 May 19:20 1 article

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

27 May 19:34 1 article

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
Germany to lift virus-related travel warning for EU countries from June 15

27 May 19:09 1 article

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
Trade from North to Great Britain will be ‘99.9%’ unfettered, says Gove

27 May 19:28 1 article

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
Improving EIA's Weekly Crude Oil Production Estimate

27 May 19:03 1 article

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
Bringing the focus back to the informal sector

27 May 19:02 1 article

Bringing the focus back to the informal sector

It could be the harbinger of economic revival in post-COVID India

27 May 19:02 The Indian Express 2885715105403740471.html
Thanks to Covid, India shows highest surge in preference for e-commerce among these top nations

27 May 19:45 1 article

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
Sea Limited: Skeletons In The Closet

27 May 19:26 1 article

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
Merkel: No budget deal in June, but must come by fall

27 May 19:55 1 article

Merkel: No budget deal in June, but must come by fall

Chancellor cautions she expects ‘difficult’ negotiations ahead.

27 May 19:55 POLITICO 2584151346375145474.html
Sisodia interacts with principals on reopening of schools

27 May 19:47 1 article

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
SGX plunges most in 17 years as MSCI inks agreement with Hong Kong

27 May 19:49 1 article

SGX plunges most in 17 years as MSCI inks agreement with Hong Kong

SGX's stock fell close to 12%, the most since 2003, amid concerns over revenue loss

27 May 19:49 Business-Standard 1502508926251020854.html
DA denies money woes as it plans to cut jobs

27 May 19:13 1 article

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
Tractor Supply Company Is Thriving

27 May 19:21 1 article

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
Dumpster Diving: (Kirkland's Edition)

27 May 19:23 1 article

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
NCC Suspends Spectrum Trading Guidelines 2018

27 May 19:10 1 article

NCC Suspends Spectrum Trading Guidelines 2018

The Nigerian Communications Commission (NCC) has suspended the Spectrum Trading Guidelines 2018 for the Nigerian telecommunications industry.

27 May 19:10 The Guardian 7580308504964451148.html
Megabus will resume service in and out of NYC next week

27 May 19:59 1 article

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
Toyota tops the list, Tesla climbs the ranks in Australia's most trusted car brands

27 May 19:38 1 article

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
Sandstorm Gold: This Gold Miner Is About To Get Much Bigger

27 May 19:15 1 article

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
Many Americans say the pandemic changed their spending habits for the better, but experts are skeptical it will last

27 May 19:45 1 article

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
Covid impact: Big restaurants may walk out of malls to high streets

27 May 19:37 1 article

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
McGuinness says Ireland will “fight for its fair share” of EU recovery fund

27 May 19:35 1 article

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
Used car sales recover after COVID-19 lockdowns

27 May 19:46 1 article

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
Bakery chain Le Pain Quotidien files for bankruptcy

27 May 19:27 1 article

Bakery chain Le Pain Quotidien files for bankruptcy

The US arm of Le Pain Quotidien, an upscale bakery chain known for its chocolate-filled pastries, on Wednesday filed for bankruptcy protection, a victim of coronavirus lockdowns that have idled

27 May 19:27 New York Post 7654946768222165005.html
Marathon Oil Stock Still Deserves Your Attention Despite Analyst Concerns

27 May 19:57 1 article

Marathon Oil Stock Still Deserves Your Attention Despite Analyst Concerns

A couple of high-profile financial firms are firmly bearish on Marathon Oil, but there are two sides to the story for MRO stock.

27 May 19:57 InvestorPlace 24614510670167585.html
COVID-19: More than 7,000 workers matched to new jobs under NTUC’s Job Security Council

27 May 19:02 1 article

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
I've Changed My Mind About Norwegian Air - The Future Is Brighter

27 May 19:23 1 article

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
Victoria’s Secret Files Suit to Get Out of Manhattan Lease

27 May 19:52 1 article

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
GBP/USD bears seeking a close below 50-D EMA, Brexit talks loom

27 May 19:29 1 article

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
NZD/USD pulls away from multi-week highs, looks to close near 0.6170

27 May 19:03 1 article

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
Suryoday Small Finance Bank raises ₹62.14 cr for expansion

27 May 19:30 1 article

Suryoday Small Finance Bank raises ₹62.14 cr for expansion

Suryoday Small Finance Bank (SSFB), a scheduled commercial bank, has raised ₹62.14 crore through a private placement from six existing investors, which it intends to use for expansion plans.It raised

27 May 19:30 BusinessLine 5283601792731643.html
New Zealand and Singapore reaffirm ties - Government

27 May 19:25 1 article

New Zealand and Singapore reaffirm ties - Government

Prime Minister Jacinda Ardern and Singapore Prime Minister Lee Hsien Loong have marked the first anniversary of the New Zealand-Singapore Enhanced Partnership with a virtual Leaders’ Meeting today.

27 May 19:25 www.voxy.co.nz 6138926315347669529.html
Economy contracted by 1.7 per cent in March quarter - PIOJ

27 May 19:48 1 article

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
More than 17,000 parked planes: Visualizing the pandemic’s impact on air travel

27 May 19:53 1 article

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
Ukrainian airline switches to cargo to weather COVID crisis – media

27 May 19:50 1 article

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
A comeback in U.S. shale is at least a year away: Precision Drilling CEO

27 May 19:20 1 article

A comeback in U.S. shale is at least a year away: Precision Drilling CEO

Even if the economy continues to recover and a second wave of the pandemic is less damaging than the first, U.S. shale drillers may still take at least a year before moving rigs back into the field, according to the leader of an oilfield-services company.

27 May 19:20 BNN 3833521689406922840.html
Gold Price News and Forecast: XAU/USD returns to $1,712 and turns positive on the day

27 May 19:08 1 article

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
Bitstamp Unveils British Pound Trading vs Fiat and Cryptocurrencies

27 May 19:43 1 article

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
CBN reduces interest rate on OFIs facilities to 5% per annum

27 May 19:03 1 article

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
US Dollar Index Asia Price Forecast: DXY is bouncing from monthly lows

27 May 19:25 1 article

US Dollar Index Asia Price Forecast: DXY is bouncing from monthly lows

The US Dollar Index (DXY) is finding some solid support near the monthly lows close to the 99.00 level and the 100 SMA on the daily chart. However, the risk ap

27 May 19:25 FXStreet 4480975638865089756.html
USD/MXN rises for the first time in twelve days, remains bearish but above 22.00

27 May 19:32 1 article

USD/MXN rises for the first time in twelve days, remains bearish but above 22.00

The Mexican peso retreated versus the US dollar on Wednesday, posting the first lost since May 15. The decline was modest and it still maintains a pos

27 May 19:32 FXStreet 4480975639286039041.html
FIA approves Formula One budget caps over next five seasons starting from 2021

27 May 19:30 2 articles

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
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
Lebanon crisis brings mixed legacy for central bank governor

27 May 19:14 1 article

Lebanon crisis brings mixed legacy for central bank governor

BEIRUT — Touted as the guardian of Lebanon’s monetary stability, he steered the tiny country’s finances for nearly three decades, through post-war recovery and bouts of unrest. Now, Lebanon’s central bank governor is being called a “thief” by some anti-government protesters who see him as a member of a corrupt ruling elite whose mismanagement has …

27 May 19:14 City NEWS 1130 5858657119913133758.html
Four Reasons Why Digital Security (Security Token) Liquidity Has Lagged

27 May 19:07 1 article

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
EUR/CHF Price Analysis: Euro limited below trendline resistance at 1.0700

27 May 19:05 1 article

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
F1 to have sliding development scale, $145m budget cap from 2021

27 May 19:08 1 article

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
Tractor Supply News: Why TSCO Stock Is Surging 8% Today

27 May 19:02 1 article

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
Ralph Lauren Earnings: RL Stock Ticks Lower On Q4 Misses

27 May 19:36 1 article

Ralph Lauren Earnings: RL Stock Ticks Lower On Q4 Misses

Ralph Lauren earnings on Wednesday have RL stock slightly lower after the company missed both EPS and revenue estimates from Wall Street.

27 May 19:36 InvestorPlace 24614509743060065.html
A new but familiar custodian at the Public Investment Corporation

27 May 19:40 1 article

A new but familiar custodian at the Public Investment Corporation

Finance Minister Tito Mboweni, who oversees the Public Investment Corporation’s operations, announced that Cabinet has approved the appointment of Abel Sithole as CEO for five years. Sithole is currently the principal officer of the Government Employees Pension Fund — the PIC’s biggest client.

27 May 19:40 Daily Maverick 2373996788541491624.html
Why Patience Is Key When It Comes to DraftKings Stock

27 May 19:42 1 article

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

27 May 19:28 1 article

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
First Mutual Life records investment loss

27 May 19:46 1 article

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
vivo donates smartphones for medical frontliners in mega swabbing facility

27 May 19:00 1 article

vivo donates smartphones for medical frontliners in mega swabbing facility

vivo has donated smartphone handsets to the Department of Public Works and Highways (DPWH) which is overseeing the conversion of existing venues and structures into quarantine facilities, swabbing centers, and isolation areas to combat the spread of COVID-19. Charisma Buan, vivo PR lead turned over the handsets to Anna Mae Yu Lamentillo, Committee Chairperson of DPWH’s Build, Build, Build infrastructure program. The units will be used by medical frontliners tasked to conduct COVID-19 mass testing on returning overseas Filipino workers at the Palacio de Maynila mega swabbing center along Roxas Boulevard. “We are pleased to contribute in our own way to the government’s efforts to detect COVID-19 cases. Our donation will help establish a means of communications among teams of frontliners in the mega swabbing facility and even with their families,” Buan said. vivo is a leading global technology company that is product-driven with core businesses including smart terminals and intelligent services. vivo is committed…

27 May 19:00 manilastandard.net 4715274784571489927.html
Biotech Stocks Have Been on Fire, But Timing Is Everything

27 May 19:08 1 article

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
A look at Huawei Technologies and Meng Wanzhou

27 May 19:49 1 article

A look at Huawei Technologies and Meng Wanzhou

VANCOUVER - Some facts about Huawei Technologies and Meng Wanzhou:The company: Huawei was founded in 1987 by Ren Zhengfei. The 75-year-old is Meng's father.

27 May 19:49 iNFOnews.ca 6669504244075615189.html
Battle ahead for EU’s massive virus recovery plan

27 May 19:00 1 article

Battle ahead for EU’s massive virus recovery plan

Brussels, Belgium | AFP | European Union chief Ursula von der Leyen on Wednesday proposed a 750-billion-euro post-virus recovery fund for Europe and urged sceptical member states to back it. The global coronavirus outbreak has already thrust the EU into its deepest ever recession, and Von der Leyen’s proposal would help the worst affected countries. But …

27 May 19:00 The Independent Uganda: 5099025990478815667.html
Rupee Edges Lower To Close At 75.71 Vs Dollar Amid COVID-19 Lockdown

27 May 19:15 1 article

Rupee Edges Lower To Close At 75.71 Vs Dollar Amid COVID-19 Lockdown

The rupee is down 6.10% against the dollar so far this year After starting the day nearly unchanged at 75.67 … Rupee Edges Lower To Close At 75.71 Vs Dollar Amid COVID-19 Lockdown Read More »

27 May 19:15 ISSCNC 6824315490228959509.html
Wall Street gains amid economic hopes; tech shares decline

27 May 19:35 1 article

Wall Street gains amid economic hopes; tech shares decline

By Caroline Valetkevitch (Reuters) - The Dow and S&P 500 rose on Wednesday, powered by banks stocks, as optimism for an economic recovery as lockdowns continued to ease overshadowed worries of simmering U.S.-China tensions. Declines in technology shares limited the advance, with the Nasdaq underperforming the other major indexes. The S&P 500 financial index provided the biggest boost to the benchmark index, sending it past the psychologically key 3,000 level in intraday trading for a second day in a row.

27 May 19:35 Firstpost 4760741712504323231.html
Shops to buses: Telangana govt allows further relaxations to lockdown norms

27 May 19:14 1 article

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
Ugandan banks close at 2pm to allow staff beat curfew

27 May 19:36 1 article

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
US outlook highly uncertain, businesses 'pessimistic': Fed

27 May 19:22 1 article

US outlook highly uncertain, businesses 'pessimistic': Fed

The Fed's beige book survey of economic conditions showed US economic activity continued to fall sharply in recent weeks in all regions, with auto sales falling sharply and tenants unable to pay rent

27 May 19:22 Livemint 6614605817556362554.html
Copyright Bill: We dodged one bullet – we needn’t play American roulette

27 May 19:28 1 article

Copyright Bill: We dodged one bullet – we needn’t play American roulette

The national Covid-19 lockdown brought the creative and cultural sector to an abrupt standstill virtually overnight. The Copyright Amendment Bill, which posed a considerable threat before, could be the fatal blow to a sector directly and indirectly employing more than a million people.

27 May 19:28 Daily Maverick 2373996788272979738.html
ZW$ remains our best foot forward

27 May 19:38 1 article

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
Coronavirus lockdown has driven dairy consumption in homes up to 20%, says Amul MD

27 May 19:23 1 article

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
A Closer Look at Federal COVID Contractors Reveals Inexperience, Fraud Accusations, and a Weapons Dealer Operating Out of Someone’s House

27 May 19:25 1 article

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
Taking care of your retirement savings so that these savings make the degree of difference

27 May 19:36 1 article

Taking care of your retirement savings so that these savings make the degree of difference

Around 100 years ago, the average life expectancy was approximately 50 years. Nowadays, an ever-greater number of people are reaching their 100th birthday. Thanks to advances in healthcare technology over the past century, the world’s population has experienced a marked increase in longevity and, while it is rather unnerving to think of one’s own mortality, most of us underestimate the investment horizon that needs to be planned for in retirement.

27 May 19:36 Daily Maverick 2373996788703366290.html
IndiGo, AirAsia start to refund passenger tickets in travel agents' accounts: EaseMyTrip.com

27 May 19:42 1 article

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
B.C.’s essential grocery, hardware store employees should get pandemic pay: retail group

27 May 19:30 1 article

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