Economy 1962
Home in on that house

If you thought the 2% cut in stamp duty was a good thing, wait a while.

29 May 00:30 Bangalore Mirror 4632149709769423375.html
The key to Balik Probinsya success

"The architects of the Balik Probinsiya program may be considered recidivists."   The government has put in place a Balik Probinsiya program as part of its strategy for dealing with the coronavirus pandemic. Under the program, the government will pay the back-to-the-province fare – plus some journey money – of Filipinos rendered jobless by the pandemic.

29 May 00:00 manilastandard.net 4715274786061533855.html
Canada's vulnerable to money laundering on par with similar countries: expert

VANCOUVER — A senior police officer from the United Kingdom with expertise in money laundering says "underground banking" linked to China has become a significant threat in the U.K. and he believes Canada shares some of the same vulnerabilities.

29 May 00:17 KitchenerToday.com 52741008882896566.html
Huawei's ambitions for Canada stalled by rift with China, security expert says

TORONTO — Huawei Technologies Co.'s push to become a leading supplier of 5G technology in Canada appears to be in jeopardy after the Chinese tech giant's CFO suffered a legal setback in a B.C. court, prompting an angry response from Beijing.

29 May 00:41 KitchenerToday.com 52741010270217821.html
US layoffs climb to 41 million despite businesses reopening

WASHINGTON, DC, United States (AP) — An estimated 2.1 million Americans applied for...

29 May 00:00 Jamaica Observer 5357348614362177381.html
No coverage for businesses impacted by COVID-19, says IAJ

Insurance Association of Jamaica (IAJ) President Vernon James says whil...

29 May 00:00 Jamaica Observer 5357348615686153851.html
Canada's Huawei extradition ruling could unleash more Chinese backlash

A Canadian court ruling that could permit the extradition of a senior Huawei Technologies Co Ltd executive to the United States leaves Canada ...

29 May 00:30 CNA 5644198862622666445.html
US major airlines roll out more options to avoid staff layoffs

The top three U.S. airlines, hit hard by the coronavirus pandemic, are rolling out fresh programs to induce tens of thousands of employees to ...

29 May 00:33 CNA 5644198862626935829.html
US major airlines roll out more options to avoid staff lay-offs

The top three U.S. airlines, hit hard by the coronavirus pandemic, are rolling out fresh programs to induce tens of thousands of employees to ...

29 May 00:33 CNA 5644198864148302697.html
IOC says record high female representation on commissions

The International Olympic Committee (IOC) says women now account for almost half of the membership of its various commissions, an all-time high in ...

29 May 00:05 CNA 5644198864279399180.html
German regulator examines stock trades by Wirecard CEO

German regulator examines stock trades by Wirecard CEO

29 May 00:00 Investing.com 5710361974467534840.html
Stocks - Europe Lower; Caution Reigns Over Hong Kong

Stocks - Europe Lower; Caution Reigns Over Hong Kong

29 May 00:00 Investing.com 5710361974610176354.html
Gold Up on Back of Mounting U.S.-China Tension

Gold Up on Back of Mounting U.S.-China Tension

29 May 00:00 Investing.com 5710361974622386990.html
In rescue effort, Fed has broad stake in corporate America's fortunes

In rescue effort, Fed has broad stake in corporate America's fortunes

29 May 00:00 Investing.com 5710361974642756641.html
Bank of Canada to hold rates at 0.25% through end of next year: Reuters poll

Bank of Canada to hold rates at 0.25% through end of next year: Reuters poll

29 May 00:00 Investing.com 5710361974683785604.html
'Make Europe Great Again' recovery fund to reverse euro's fortunes: BofA

'Make Europe Great Again' recovery fund to reverse euro's fortunes: BofA

29 May 00:00 Investing.com 5710361974696456041.html
Ukraine expecting $5 billion IMF loan approval and initial payout next week: PM

Ukraine expecting $5 billion IMF loan approval and initial payout next week: PM

29 May 00:00 Investing.com 5710361974729654532.html
We thought too big, Renault says as it axes 15,000 jobs in cost-cutting reboot

We thought too big, Renault says as it axes 15,000 jobs in cost-cutting reboot

29 May 00:00 Investing.com 5710361974738730182.html
Chile jobless rate hits 9% during pandemic, highest in decade

Chile jobless rate hits 9% during pandemic, highest in decade

29 May 00:00 Investing.com 5710361974962842943.html
United Airlines cutting 13 top jobs under fresh restructuring

United Airlines cutting 13 top jobs under fresh restructuring

29 May 00:00 Investing.com 5710361974992613126.html
Metals Nearing Critical Momentum For New Parabolic Rally

Commodities Analysis by Chris Vermeulen covering: XAU/USD, XAG/USD, Gold Futures, Silver Futures. Read Chris Vermeulen's latest article on Investing.com

29 May 00:00 Investing.com 5710361975118768293.html
French economy shrank less than first thought in first quarter: INSEE

French economy shrank less than first thought in first quarter: INSEE

29 May 00:00 Investing.com 5710361975265721606.html
S&P 500 up in choppy action after Trump comments on China

S&P 500 up in choppy action after Trump comments on China

29 May 00:00 Investing.com 5710361975302232211.html
Dollar in narrow range as focus shifts to Trump's China response

Dollar in narrow range as focus shifts to Trump's China response

29 May 00:00 Investing.com 5710361975317410912.html
Stocks - US Futures Lower; Consolidating Ahead of Trump Speech

Stocks - US Futures Lower; Consolidating Ahead of Trump Speech

29 May 00:00 Investing.com 5710361975331633700.html
Month-End Profit-Taking Weighs On Equities As The Euro Pops Above $1.11

Forex Analysis by Marc Chandler covering: Nikkei 225, STOXX 600, USD/CNH. Read Marc Chandler's latest article on Investing.com

29 May 00:00 Investing.com 5710361975337511913.html
Big Tech’s Tumble: Why AMZN, MSFT And Other FAAMG Stocks Are Stalling

Stocks Analysis by Matthew Weller covering: S&P 500, Boeing Co, Microsoft Corporation, Alphabet Inc Class A. Read Matthew Weller's latest article on Investing.com

29 May 00:00 Investing.com 5710361975365816706.html
Asia Session: Asia Booking Profits Ahead Of The Weekend

Market Overview Analysis by MarketPulse (Jeffrey Halley) covering: EUR/USD, AUD/USD, XAU/USD, S&P/ASX 200. Read MarketPulse (Jeffrey Halley)'s latest article on Investing.com

29 May 00:00 Investing.com 5710361975399843447.html
Fed's Mester says it's hard to imagine quick V-shaped recovery

Fed's Mester says it's hard to imagine quick V-shaped recovery

29 May 00:00 Investing.com 5710361975417775229.html
Saudi Arabia says it provided $40 billion to PIF from foreign reserves

Saudi Arabia says it provided $40 billion to PIF from foreign reserves

29 May 00:00 Investing.com 5710361975473836785.html
Sale of shut Philly refinery to real estate developer delayed

Sale of shut Philly refinery to real estate developer delayed

29 May 00:00 Investing.com 5710361975476872624.html
Asian Stocks Down as Investors Await Trump Action

Asian Stocks Down as Investors Await Trump Action

29 May 00:00 Investing.com 5710361975784103997.html
Preliminary agreement reached in Lufthansa bailout row: source

Preliminary agreement reached in Lufthansa bailout row: source

29 May 00:00 Investing.com 5710361975896341358.html
UK property firm Rightmove sees record website views as market picks up

UK property firm Rightmove sees record website views as market picks up

29 May 00:00 Investing.com 5710361976120567119.html
Days from launch, Fed officials eye 'Main Street' program expansion

Days from launch, Fed officials eye 'Main Street' program expansion

29 May 00:00 Investing.com 5710361976131882463.html
Explainer: How important is Hong Kong to China as a free finance hub?

Explainer: How important is Hong Kong to China as a free finance hub?

29 May 00:00 Investing.com 5710361976153450662.html
Japan backs nearly a third of $6.6 billion loans to Nissan: sources

Japan backs nearly a third of $6.6 billion loans to Nissan: sources

29 May 00:00 Investing.com 5710361976263235145.html
With 'Main Street' in view, Fed weighs risks of job, productivity shocks

With 'Main Street' in view, Fed weighs risks of job, productivity shocks

29 May 00:00 Investing.com 5710361976264321318.html
StockBeat: Smelling the Coffee in Times of Coronavirus

StockBeat: Smelling the Coffee in Times of Coronavirus

29 May 00:00 Investing.com 5710361976281796362.html
Exclusive: Russia's Rosneft finds extended oil cuts painful - sources

Exclusive: Russia's Rosneft finds extended oil cuts painful - sources

29 May 00:00 Investing.com 5710361976336972537.html
Travel disruptions, cost cutting key issues for U.S. business in China: report

Travel disruptions, cost cutting key issues for U.S. business in China: report

29 May 00:00 Investing.com 5710361976404622581.html
Stocks - Dow Notches Two-Month Winning Streak as Trump Stops Short on China

Stocks - Dow Notches Two-Month Winning Streak as Trump Stops Short on China

29 May 00:00 Investing.com 5710361976433999741.html
Trump Action Aside, China Crop-Buying Goal Is Becoming Untenable

Trump Action Aside, China Crop-Buying Goal Is Becoming Untenable

29 May 00:00 Investing.com 5710361976466376122.html
Swedish banks join forces to fight money laundering

The five largest banks in Sweden have teamed up with the country's police to launch an anti-money laundering initiative.

29 May 00:01 Finextra 6000504749776520963.html
High Tech's Vital Role In The Fertility Of Agribusiness

The advancements made in just the past decade have completely revamped agribusiness.

29 May 00:00 Forbes 6028587530340352495.html
Restarting The American Economy: The Most Essential Factors

According to some sources, unemployment is expected to reach 25.2% by the end of this year.

29 May 00:00 Forbes 6028587530401218518.html
TZERO Announced New Broker-Dealers Trading On Its Blockchain

tZERO, owned by OverstockOSTK, announced yesterday that broker-dealers ChoiceTrade and an unnamed investment bank focused on institutional brokerage are now live and trading on the tZERO blockchain Alternative Trading System (ATS). Both brokers are now subscribers to the tZERO’s ATS.

29 May 00:00 Forbes 6028587530490567261.html
Are State Reopening Policies Turning The Economy Around?

There may be some slight economic improvement in more aggressive “reopening” states. But the nation’s overall economic picture remains very troubled. And a too-aggressive reopening before the virus is under control could feed a second disease wave later this year.

29 May 00:00 Forbes 6028587530492998877.html
Finding Comfort Outside Of The MegaTechs

Megatech has done well lately. But for investors over allocated to Facebook, Apple, Amazon, Microsoft and Alphabet, there are other tech stocks with good growth prospects and strong balance sheets.

29 May 00:00 Forbes 6028587530637905891.html
Got Cryptocurrency? Get Ready For An IRS Audit

The IRS is hiring cryptocurrency experts to assist in virtual currency audits, a clear signal those audits will be on the rise.

29 May 00:00 Forbes 6028587530694344444.html
What Kind Of Innovation Will We Apply To Build Our Post-COVID Food System?

As we imagine our Post-COVID food system, I want to discuss how we will unleash innovation to modernize a massive, brittle food production system and its support structures. Fundamentally, how can we innovate to better match food supply with demand?

29 May 00:00 Forbes 6028587530713167819.html
Qualcomm, Qorvo & Jabil: Apple Suppliers Have Been Left Behind From The Rally. Time To Buy?

Apple stock is up about 5% year-to-date, despite the Coronavirus pandemic, driven by its strong balance sheet and fast-growing services business, which makes it a safe haven of sorts. However, most of Apple’s suppliers have not fared as well. Our indicative list of 6 key suppliers for the iPhone...

29 May 00:00 Forbes 6028587530795333996.html
Find The Best Talent And More: 4 Concrete Benefits To Your Business Of Being Accountable To Stakeholders

Accountability is essential if a company is to be purpose-driven and meet the needs of all stakeholders. But where to start? Examining environmental, community, worker, customer and governance impacts can help your business review, assess, and make meaningful changes to improve overall performance.

29 May 00:00 Forbes 6028587530827105018.html
Twilio Shares Surge 98% YTD As Emerging Use Cases Drive Increased Demand

During the Covid-19 crisis, Twilio has emerged as a leading provider of the underlying infrastructure needed to power increased digital engagement. Management called out six emerging use cases for Twilio’s platform during the pandemic.

29 May 00:00 Forbes 6028587530845520848.html
Dow Jones Futures: Trump China News May Not Break Coronavirus Stock Market Rally; Renault, Twitter In Focus

Donald Trump, the U.S. president, appears poised to sign measures against China that would spur tensions further. He wants to punish Chinese officials

29 May 00:00 Forbes 6028587530858745108.html
Post-Pandemic Music Industry Predictions: The Consolidation Of Power

The music industry has been slowly consolidating for years, and the pandemic may accelerate this trend. Major financial transactions around mergers, acquisitions and institutional interest estimate the industry value doubling in a decade, but how will this impact festivals, startups and artists?

29 May 00:00 Forbes 6028587530989500516.html
What Two Things Make Flyers Feel Safest Regarding COVID-19? See J.D. Power 2020 Airline Study

The industry will need to focus on restoring confidence, while continuing to improve on the operational side.

29 May 00:00 Forbes 6028587531040881276.html
Small Businesses Can Bypass Complicated GAAP Rules For Crypto Accounting

Small businesses can follow tax basis accounting for crypto and avoid cumbersome GAAP rules

29 May 00:00 Forbes 6028587531116568465.html
Mortgage Rates Hit New All-Time Low, But Rushing To Refinance Might Not Be Necessary

Mortgage rates hit yet another record-breaking low, but rushing to refinance may not be necessary.

29 May 00:00 Forbes 6028587531573149228.html
Why Goldman Sachs Is Running Downmarket To Embrace RIAs With Recent Acquisitions

Goldman Sachs continues to build its retail wealth management business, buying boutique custodian Folio Financial last week after the acquisition of United Capital last year

29 May 00:00 Forbes 6028587531589716958.html
Three Ways Technology Can Help Save Retailers

With retail sales plunging, customer experience is more important. Learn how AR, geospatial, and other technologies can help retailers stay close to customers and encourage brand loyalty.

29 May 00:00 Forbes 6028587531594747121.html
First Solar Stock Set To Surge To Pre-Covid Peak Of $57?

Comparing the trend in First Solar stockover recent months with its performance during and after the Great Recession of 2008, we believe that the stock can potentially gain around 20% once fears surrounding the coronavirus outbreak subside, to touch pre-crisis highs of around $57...

29 May 00:00 Forbes 6028587531670239312.html
Did Gold Do Better Than The Markets? (2020)

Gold sellers are touting a 7 year high in gold.

29 May 00:00 Forbes 6028587531833433152.html
Used Car Seller Billionaires Ernie Garcia II And Son Accused Of Insider Trading In Lawsuit

The father and son team behind Carvana, the online used car seller, along with the company’s directors and investment firms controlled by the Garcias, allegedly traded on coronavirus fears to buy up shares at “bargain basement prices.”

29 May 00:00 Forbes 6028587531856590291.html
The Paycheck Protection Program Could Have Been Great—It Wasn’t

With the first round of Paycheck Protection Program recipients about to submit for loan forgiveness, let's look back on the process.

29 May 00:00 Forbes 6028587531973758213.html
14 Return-On-Equity Champions With Warren Buffett Fundamentals

Warren Buffett considers it a positive sign when a company is able to earn above-average returns on equity. Here are 14 that fit the bill.

29 May 00:00 Forbes 6028587531989453429.html
Does Gap Inc Have Enough Cash To Survive Covid-19 Demand Shock?

With most retail stores shut and people holding off on discretionary spending, chains such as Gap Inc may be looking at an existential crisis - a big change from typical growth issues they tackle every day. The company’s stock has fallen 50% this year reflecting the demand shock that may push it...

29 May 00:00 Forbes 6028587532048165885.html
Renault to cut 15,000 jobs

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

29 May 00:00 Telangana Today 8182025568155724037.html
No temporary increase in weekly asylum payment during pandemic

Request for €20 rise during crisis from 40 organisations is rejected

29 May 00:00 The Irish Times 8204772968373041850.html
State Department approves $425M deal for work on Kuwait's Patriot missiles

May 28 (UPI) -- The State Department approved a possible deal for Patriot missile support for up to $425 million, the Defense Security Cooperation Agency announced Thursday.

29 May 00:05 UPI 8257973866008583538.html
NZTA negotiating on new cost of Transmission Gully – paying advance of $14m

News from NZTA Waka Kotahi the NZ Transport Agency is making an advance payment to the builder of the Transmission Gully project to reflect the costs of the Covid-19 work shutdown.

29 May 00:00 SCOOP 847363053550174840.html
PIC wants Eskom bonds turned to equity

SOUTH African state asset manager the Public Investment Corporation has submitted a proposal to the government on converting bonds it holds in struggling state utility Eskom into equity.

29 May 00:00 The Namibian 8837880576115470521.html
Govt U-turns on royalties non-deductibility

THE taxman has decided to withdraw the earlier announced proposal to disallow tax deductibility of royalties for non-diamond mining companies.

29 May 00:00 The Namibian 8837880576725770288.html
Single quarters to make way for development

THE Keetmanshoop Town Council is planning to demolish the single quarters area containing 16 housing units.

29 May 00:00 The Namibian 8837880577294432335.html
Mahangu to yield surplus

LOCAL mahangu production is expected to yield a surplus of 23 metric tonnes this year while white maize will fall short of meeting local demand for the next six months (including May), by 5 961

29 May 00:00 The Namibian 8837880577765757589.html
Fantasy sports betting regulations near passage in Louisiana

Residents of the 47 Louisiana parishes where voters agreed to legalize fantasy sports betting edged closer Friday to being able to compete for the online cash prices.

29 May 00:00 The Washington Times 8941836441222624286.html
California to vote on business tax hike worth up to $12B

California voters in November will decide whether to increase property taxes on commercial and industrial land to raise up to an estimated $12 billion annually for public schools and city halls across

29 May 00:00 The Washington Times 8941836441292428621.html
New director for Arizona Department of Economic Security

The Arizona Department of Economic Security has a new director.

29 May 00:00 The Washington Times 8941836441971602169.html
Questions on reopening New York's economy baffle businesses

Some upstate New York business owners who made plans to reopen Friday as the state gradually loosens restrictions put in place during the coronavirus crisis remained close amid last-minute confusion o

29 May 00:00 The Washington Times 8941836441990595977.html
Lee asks state agencies to cut budgets by 12%

Gov. Bill Lee has asked all state agencies to find ways to slash their budgets by 12% and submit their new proposals by the end of June.

29 May 00:00 The Washington Times 8941836442480997185.html
French carmaker Renault to cut 15,000 jobs worldwide

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

29 May 00:00 The Washington Times 8941836442755062329.html
Asia shares fall as US-China tensions douse rally on Wall St

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

29 May 00:00 The Washington Times 8941836442824777022.html
Austrian to resume flights to 37 destinations

Regular scheduled flights will resume on June 15, with destinations including London…

29 May 00:00 Business Traveller 900610880589802582.html
ITC Hotels partners with Swiggy for home delivery

Home delivery service will be available for properties including ITC Maurya, ITC Royal Bengal, ITC Grand Chola, ITC Gardenia and ITC Windsor among others…

29 May 00:00 Business Traveller 900610880949140077.html
Lufthansa adds long-haul routes from Frankfurt and Munich

Newly announced destinations include Frankfurt to Cairo, Beijing, Shanghai and San Jose, and Munich to San Francisco, Delhi…

29 May 00:00 Business Traveller 900610880993417908.html
Japan dispels reports that it will subsidise trips for foreign tourists

Media reports began circulating earlier this month that Japan will launch a campaign that will involve paying for half of foreign tourists’ trips to the country

29 May 00:00 Business Traveller 900610882192154218.html
Additional 10 passenger trains to operate from June 1: Sheikh Rashid

Railways minister said that 40 out of 142 passenger trains will be operating from June

29 May 00:00 www.geo.tv 9037559356765484433.html
Keir Starmer opens up clear lead over Boris Johnson in public approval

Those who approve of the Labour leader's performance include more than one in four Conservative voters.

29 May 00:00 New Statesman 903924182112449017.html
Application for Coronavirus Alleviation Programme is free - NBSSI

Applicants of the Coronavirus Alleviation Programme (CAP) business support have been asked to be cautious of persons who offer to register them on the scheme at a fee.

29 May 00:00 GhanaWeb 9132111493759454210.html
Early warning: Growth slows to 3.1 per cent in Q4 which had just one week of lockdown

The March quarter estimates dragged the overall GDP growth rate for 2019-20 to an 11-year low of 4.2 per cent, the provisional estimate released by National Statistical Office (NSO) on Friday showed.

29 May 23:08 The Indian Express 2885715104386264302.html
Will give Rs 25 cr to Rlys: Vijay Rupani

The funds are being given to the Railways at a time when the ticket fare for the journey is being charged from the migrants itself.

29 May 23:41 The Indian Express 2885715104877038703.html
Germany, Brussels seal pact on Lufthansa rescue plan, say sources

FRANKFURT, May 30 ― Germany and the European Commission have reached a pact on a giant Berlin-funded rescue plan for coronavirus-hit Lufthansa, a Commission spokeswoman and a source close to the negotiations said yesterday. Since the pandemic hit Europe, the Lufthansa group ― which also...

29 May 23:18 Malaymail 302165936231619492.html
Einhorn’s Greenlight Hedge Funds Rebound With 7.4% Gain in May

David Einhorn’s hedge funds surged 7.4% in May as U.S. stocks rallied.

29 May 23:49 Bloomberg.com 4032480121206786750.html
Nikon Releases Brutal Financial Report, Lays Off 700 in Southeast Asia

After delaying the report—and publishing a revised financial forecast earlier this month—Nikon has finally released its Fiscal Year 2020 financial results. At the same time, the company reportedly cut 10% of its workforce in Thailand and Laos, laying off 700 people.

29 May 23:56 Petapixel 4288413231902237983.html
Congress Slams Centre Over Low GDP Growth In Last Quarter Of 2019-20

The Congress on Friday said the low GDP growth in the last quarter of 2019-20 is the result of the BJP government's failures, misplaced priorities and a telling commentary on its economic management.

29 May 23:27 NDTV.com 5090057681856468346.html
Neiman’s Bankruptcy Puts Spotlight On Mytheresa Transfer

The asset transfer of the online shopping retailer, what some creditors have called Neiman’s “crown jewel,” looms over the proceedings.

29 May 23:55 WWD 5490910668630953222.html
Coronavirus sinks US consumer spending; savings hit record high

U.S. consumers cut spending by the most on record for the second straight month in April while boosting savings to an all-time high, and the ...

29 May 23:25 CNA 5644198864225935996.html
Apollo Global Management: For When Blood Runs The Street

Apollo used the corona-downturn to its advantage. Increase in permanent capital makes the business more stable. Funds are being raised, and deals are being made

29 May 23:13 Seeking Alpha 5725634556402024692.html
Pier 1 Imports gets approval from a judge to liquidate its remaining stores

"This is not the outcome we hoped for when we began this process," the company's CEO said in a statement.

29 May 23:05 Business Insider 6060062399657371614.html
Covid takes toll on core sector, output slumps 38% in April

India Business News: Output of eight core sector industries plunged 38.1% in April — probably the steepest ever — led by an over 80% slump in cement and steel production d

29 May 23:14 The Times of India 6060938664514127189.html
Bengal govt. to recruit more workers

“This workforce increase will ensure that public services are uninterrupted and unhindered,” Mamata Banerjee said.

29 May 23:30 The Hindu 6679535024487607584.html
GDP numbers a telling commentary of BJP’s economic management, says Congress

Former Union minister Jairam Ramesh alleged that Prime Minister Narendra Modi was in denial mode.

29 May 23:37 The Hindu 6679535025828055762.html
Coinbase Introduces Tezos (XTZ) Staking to Earn Rewards by Passively Holding Crypto on the Exchange in the UK, certain EU Countries

San Francisco-based cryptocurrency exchange Coinbase is focused on providing more ways for users to earn financial rewards by simply holding digital assets.

29 May 23:57 Crowdfund Insider 6834688072210188979.html
Fairfax Financial Holdings left behind amid market rebound

Fairfax is trading at a major discount on TSX as it struggles to recover from COVID-19 impact

29 May 23:41 The Globe and Mail 68426410310921031.html
Streetwise newsletter: Best reads of the week

Here are the top reads on deals and financial services over the last week

29 May 23:46 The Globe and Mail 68426410498840996.html
Bitcoin Risks a Free-Fall to $7,000 Despite Strong Fundamentals, Analysts Warn

Fundamental strength may not be enough to stop Bitcoin from seeing a decline into the $7,000 region – according to one prominent trader.

29 May 23:00 NewsBTC 7232133510398736047.html
Goldman Takes Bitcoin To Task

Goldman analysts have stated that cryptos such as bitcoin are "not an asset class," as they do not generate cash flow or earnings.

29 May 23:53 PYMNTS.com 7357138826321627199.html
India paves way for Apple, others to increase domestic production by removing a clause

Govt has dropped irritants from its PLI scheme, paving way for phone-makers to ramp up production in India.

29 May 23:11 The Economic Times 7653256036595062590.html
Accenture gives bonuses to a large part of its staff

The payouts have been made over the past few weeks to more than half its 2,00,000 employees in India across technology and business process management centres, multiple sources said.

29 May 23:11 The Economic Times 7653256037903396227.html
Stick or twist? Investors in virus-induced property dilemma

LONDON: The coronavirus pandemic has emptied offices and shuttered shops but filled warehouses and highlighted demand for work-from-home spaces, leaving investors wondering if they should flee real estate or double down on their bets. Property has long been a staple of a balanced investment portfolio, favored by pension funds and insurers seeking assets that combine capital

29 May 23:53 Arab News 8912634264512232174.html
Online poker betting hits a record high during the pandemic

The online poker industry is booming, but can it make up for what casinos are losing?

29 May 23:12 MarketWatch 8975941548398926389.html
Madhya Pradesh: Mandsaur farmers produce record 2.85 lakh metric tonne of wheat

An amount of Rs 388.90 crore has already been deposited in the bank accounts of farmers.

29 May 23:40 Free Press Journal 9080771787655521437.html
IMF Approves $732 Million to Help Bangladesh Address Effects of Coronavirus Measures on Economy

WASHINGTON (Sputnik) - The International Monetary Fund (IMF) said in a statement that it has approved a $732 million funding to help Bangladesh overcome the impact of...

29 May 23:40 Sputniknews 967333868758208738.html
UT Bank collapse: State ordered to file relevant documents by June 22

An Accra High Court has ordered the State to file, by June 22, all the documents they intend to rely on in the matter of Prince Kofi Amoabeng, Chief Executive Officer of the defunct UT Bank Ghana and five others, whose alleged roles led to the collapse of the Bank.

29 May 00:00 GhanaWeb 9132111495094897931.html
Asokore Mampong housing project completed, named after Otumfuo

The Affordable Housing project at Asokore Mampong in the Ashanti has been completed and named after the Asantehene, Otumfuo Osei Tutu II.

29 May 00:00 GhanaWeb 9132111495337760461.html
Chinese companies in India dither to join country’s fight against Coronavirus; Make negligible contributions for the sake of optics

The major Chinese companies including Xiaomi, Vivo, Oppo, Huawei, Oneplus whose annual revenue is approximately INR 60710 crore, have just contributed INR 24 crore (0.04%) for India’s fight against coronavirus pandemic.

29 May 00:00 www.organiser.org 9159923258499746850.html
State-specific solutions needed for discoms’ problems: PM Modi

Prime Minister Narendra Modi said the Union power ministry should try and put in place state-specific strategies to improve their performance.

29 May 01:09 The Financial Express 1288289579600939764.html
Banks free to do due diligence on guaranteed MSME loans

Banks and shadow lenders have been given the flexibility to do their own due diligence and restrict advances below the stipulated limit on sound business principles.

29 May 01:23 The Financial Express 1288289579609920758.html
Lack of adequate funds, labour among challenges faced by projects in India: Survey

Promoters in the Indian projects fraternity find getting adequate funds at reasonable interest, finding labourers matching the skills of those who have left for their hometown.

29 May 01:39 The Financial Express 1288289580014903525.html
FSDC meet: Govt, regulators to step in with more liquidity measures

Both the Centre and the regulators have stepped up focus on “avoiding a prolonged period of dislocation in financial markets”, the council added.

29 May 01:08 The Financial Express 1288289580098261685.html
UP amends revenue code, simplifies land acquisition process to expand land bank for industries

It has amended the Revenue Code and also decided to simplify the process of land acquisition within a distance of one kilometre on both sides of the expressways under the Land Acquisition Act 2013.

29 May 01:58 The Financial Express 1288289580352585928.html
Banks’ asset quality ratios may worsen up to 600 bps: Fitch

The report added that while secured loans such as home and auto are relatively more resilient, they will not be isolated from stress as unemployment rises.

29 May 01:40 The Financial Express 1288289580447860181.html
Facebook’s investment in Reliance Industries not surprising: Brett Biggs, CFO, Walmart

Walmart-controlled Flipkart and Amazon jointly hold 80% of the country’s e-commerce sector at present.

29 May 01:43 The Financial Express 1288289580577872428.html
Franklin Templeton to soon start e-voting process for winding up six debt schemes

Sources in the mutual fund industry say that Trustees of Franklin Templeton MF will start sending notices to investors on the voting process and unit holders’ meeting in the next two-three days.

29 May 01:49 The Financial Express 1288289580907297067.html
RBI slaps penalties on Bank of India, Karnataka Bank, Saraswat Cooperative Bank for non-compliance

RBI also imposed a penalty of Rs 1.2 crore on Karnataka Bank for non-compliance with central bank’s directions.

29 May 01:45 The Financial Express 1288289581225942282.html
Best of BS Opinion: Diversity in boardrooms, earnings drought, and more

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

29 May 01:00 Business-Standard 1502508924733654160.html
India's economy may have grown at slowest in 2 years during March quarter

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

29 May 01:53 Business-Standard 1502508925800783787.html
Horse racing: One app to fix the punting itch?

Horse racing in India is in a state of disarray, and the future does not seem much too promising either. In fact, some experts in the field conveyed that this could well be the end. The only solution, they say, is legalising online betting and creating an integrated application.

29 May 01:03 Deccan Herald 2027555796893405341.html
FIRS: The burden of leadership - The Nation Nigeria

But those who wear the crown know where it hurts. So it is with the leadership of the Federal Inland Revenue Service (FIRS) at....

29 May 01:32 Latest Nigeria News, Nigerian Newspapers, Politics 2658445900554560416.html
Surat textile industry seeks govt help to stop migrant exodus

At least 60 per cent of the workforce is estimated to have left Surat since the Shramik Special trains started. According to Surat railway officials, over 6.80 lakh labourers have left Surat in 431 trains.

29 May 01:15 The Indian Express 2885715104425550048.html
Industry chorus: Package not much help, govt must do the heavy lifting

The survey was conducted after the latest round of easing, and the respondents included large companies, regional trade bodies, and also some small and medium enterprises across the manufacturing and services sectors.

29 May 01:35 The Indian Express 2885715105512355324.html
Bursa Malaysia slightly lower in early trade

KUALA LUMPUR, May 29 ― Bursa Malaysia retreated from yesterday's gains to open slightly lower this morning dampened by selling in the index-linked counters amid mixed market sentiment. At 9.05am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) eased 6.09 points to 1,451.41 from yesterday’s...

29 May 01:47 Malaymail 302165934425455767.html
Tesla performance opens door to Elon Musk payday

NEW YORK, May 29 ― Tesla has hit financial marks that let its colourful chief executive Elon Musk reap the first portion of a multi-billion dollar compensation package, the electric car maker said yesterday. Musk has foregone a base salary in exchange for a shot at a fortune in deeply discounted...

29 May 01:27 Malaymail 302165934806915206.html
Ringgit opens higher against US dollar

KUALA LUMPUR, May 29 ― The ringgit strengthened against the US dollar in early session today on an overnight recovery of oil prices but investors are cautious by a possible escalation of the United States (US)-China trade war risk, said an analyst. At 9.08am today, the local note was quoted at...

29 May 01:50 Malaymail 302165935738008770.html
Australia's New South Wales state warns of Covid-19 budget toll

SYDNEY, May 29 ― Australia's biggest state in economic terms said today the coronavirus pandemic could cost it as much A$20 billion (RM57.7 billion) in lost revenues over the next four years, underscoring the urgency to revive the country's stuttering economy. Releasing its first estimate of the...

29 May 01:12 Malaymail 302165935953721818.html
World Bank suggests possible extra replenishment of IDA lending arm

WASHINGTON, May 29 ― World Bank President David Malpass yesterday suggested the Bank and donor countries should explore a possible supplemental replenishment of the International Development Association (IDA) concessional lending arm if the coronavirus crisis deepens. In a letter to US and...

29 May 01:00 Malaymail 302165936101828955.html
U.N. chief warns leaders coronavirus pandemic may cause historic famine | Honolulu Star-Advertiser

UNITED NATIONS >> The U.N. chief today warned the largest gathering of world leaders since the coronavirus pandemic began that it will cause “unimaginable devastation and suffering around the world,” with historic levels of hunger and famine and up to 1.6 billion people unable to earn a living unless action is taken now.

29 May 01:10 Star-Advertiser 3439335389280043401.html
Rich Lister winners and losers so far

With the fortunes of many billionaires tied up in equity, the past few months have been a wild ride and not everyone has come out on top.

29 May 01:30 Australian Financial Review 3974284486567703602.html
CBA says crisis reinforces its X15 mission to create new start-ups

CBA has rolled its Credit Savvy business into X15 and will host a hackathon in July to identify new ideas and entrepreneurs.

29 May 01:03 Australian Financial Review 3974284487566427837.html
Blackmores steadies the ship

The largest shareholder in Australia's biggest vitamins company is positioning for the future on many fronts.

29 May 01:55 Australian Financial Review 3974284488400640454.html
EUR/USD Price Analysis: Range breakout seen on D1 favors move above 1.11

EUR/USD closed well above 1.1019 on Thursday, confirming an upside breakout of the multi-week trading range of 1.0727 to 1.1019. The breakout is backe

29 May 01:19 FXStreet 4480975638424075553.html
Gold picks up a bid amid losses in the US stock futures

Gold, a traditional safe-haven asset, is drawing bids as the US stock futures are signaling risk aversion. The yellow metal is trading at $1,720 at pr

29 May 01:49 FXStreet 4480975639006966723.html
China extends its anti-dumping investigation into Australian and Japanese chemical exports

According to Reuters, China announced that it extended its anti-dumping investigation into the Australian and Japanese chemical exports. more to come

29 May 01:48 FXStreet 4480975639120662730.html
Pandemic causes surge in demand for sports cards

The sports card industry has experienced somewhat of a renaissance in recent years, but demand has exploded in the last three months during the pandemic.

29 May 01:48 Calgary 4726856558865080330.html
Asian shares set to dip in choppy trade over worries about worsening US-China ties; dollar slips, oil prices give up gains

Oil prices gave up some of their gains overnight, as concerns that Trump could impose sanctions on China over Hong Kong and a surprise build in inventories overshadowed a steady improvement in US refining activity

29 May 01:13 Firstpost 4760741712028244885.html
7 in 10 Australian businesses have seen revenue loss due to the coronavirus, according to new ABS figures

The coronavirus has had a massive impact on Australian businesses.

29 May 01:45 Business Insider Australia 5575934301592341442.html
German union accuses Volkswagen of 'management errors' that put jobs at risks

Germany's biggest labor union criticized Volkswagen on Thursday for a recent advert deemed racist and other "errors", saying management had ...

29 May 01:11 CNA 5644198862814590015.html
Google says use existing EU laws, not new ones to govern AI

Google has called on the European Union to use current EU laws to govern the use of artificial intelligence rather than draft new ones and ...

29 May 01:01 CNA 5644198863883250369.html
Giga-tronics Inc. (GIGA) CEO John Regazzi on Q4 2020 Results - Earnings Call Transcript

Giga-tronics Inc. (OTCQB:GIGA) Q4 2020 Earnings Conference Call May 28, 2020 4:30 P.M. ET Company Participants Traci Mitchell - Principal Accounting Officer and

29 May 01:52 Seeking Alpha 5725634556051099708.html
The Toronto-Dominion Bank (TD) CEO Bharat Masrani on Q2 2020 Results - Earnings Call Transcript

The Toronto-Dominion Bank (NYSE:TD) Q2 2020 Earnings Conference Call May 28, 2020, 01:30 PM ET Company Participants Gillian Manning - Head, IR Bharat Masrani -

29 May 01:55 Seeking Alpha 5725634556381872060.html
Food Is Essential, So Sell Naked Puts On Performance Food Group

We love businesses that are essential to humans. Food distribution is one such business, and Performance Food Group is a value play. Selling naked puts against

29 May 01:39 Seeking Alpha 5725634556967556413.html
Amazon Faces A Brand New World

The top end of our fair value estimate range for Amazon stands at $2,465 per share. In this article, we cover our revenue, EBITDA, net operating cash flow, and

29 May 01:06 Seeking Alpha 5725634556984322090.html
Dumpster Diving: (Potbelly Corp. Edition)

Before COVID-19, Potbelly was showing tangible signs of a business turnaround. If you look at Q4 2019 results, the company had its best comps in three years at

29 May 01:56 Seeking Alpha 5725634557586084417.html
The White House's coronavirus postcards cost the struggling Post Office $28 million

It's yet another complication for President Trump's strained relationship with the federal agency, which receives no taxpayer funding.

29 May 18:16 Business Insider 6060062399443850254.html
Ted Cruz, Trump, and other Republicans are pushing a payroll-tax cut that would do little for families suffering financially due to coronavirus

The move would not provide the economy with the adrenaline shot it needs to tide over people already out of work and struggling businesses.

29 May 18:25 Business Insider 6060062400523423565.html
Downtown shows resiliency

Coming off record attendance at public events in 2019, the Downtown Vernon Association has faced unexpected challenges – as has the rest of the world – in 2020.

29 May 18:00 Castanet 616068602227223901.html
AI Weekly: Autonomous vehicle companies pivot to charitable deliveries during the pandemic

During the pandemic, autonomous vehicles companies like Beep, Gatik, and Optimus Ride are helping to deliver goods to those in need.

29 May 18:30 VentureBeat 6273363636023213577.html
Why millions of Americans are getting coronavirus stimulus payments on scammy-looking debit cards

The federal government is sending out financial aid that looks like junk mail.

29 May 18:30 Vox 6416095788502492606.html
Delhi HC seeks RBI’s reply on expired cheque due to covid-19

The case of the petitioner was that he is aggrieved by the act of bank in refusing to honour a cheque dated 16 January 2020 for an amount of Rs.10 lakhs on the ground of instrument being staled

29 May 18:49 Livemint 6614605817764218489.html
As job loss mounts, labour ministry ties up with TCS iON for career counseling

The career counseling service will be offered on the national career service (NCS) platform for free in Hindi and English languages, and try to cover the soft skills and basic job skills that industries demand

29 May 18:20 Livemint 6614605819088487186.html
FDI inflows from Caymans triple

FDI inflows from Singapore fell to $14.7 bn in FY20 from $16.2 bn in the previous year, but held on to its No.1 ranking

29 May 18:57 Livemint 6614605819483072429.html
TTD to release white paper on all its immovable assets

Details to be uploaded on official website in order to usher in more transparency

29 May 18:36 The Hindu 6679535024388037596.html
Street vendors want to resume business

With their livelihood affected in the past two months due to the COVID-19 lockdown, street vendors in the Erode Corporation limits has urged the officials to permit them to resume their businesses. In

29 May 18:23 The Hindu 6679535024476909272.html
Uber lays off more employees

Several employees at Uber’s Hyderabad offices have been laid off, as part of the company’s global job cuts.Employees from the Kondapur office said that the lay-offs started on Tuesday. An exact figure

29 May 18:30 The Hindu 6679535024866355546.html
TNSTC operates 143 buses across four districts for essential services

Coimbatore Division of the Tamil Nadu State Transport Corporation (TNSTC) operated 143 buses across four districts for essential services on Friday.The buses were operated for conservancy workers, gov

29 May 18:23 The Hindu 6679535025219050098.html
Private buses in Mangaluru to introduce Chalo Card

It gives passengers an option to pay travel fares through smart card

29 May 18:54 The Hindu 6679535025891145529.html
Sugar unit in Vizianagaram agrees to clear ryots’ dues within two months

Parvathipuram MLA, Collector take the initiative

29 May 18:43 The Hindu 6679535026113466851.html
Theresa May says Dominic Cummings 'did not follow the spirit' of lockdown rules

EXCLUSIVE The former PM became the latest senior Conservative to criticise the behaviour of the No10 aide as the Tories divide on Mr Cummings deepened

29 May 18:17 mirror 675785261844289981.html
Labor calls to lift cap on home-loan deposit scheme to help construction

Labor is pressing the government to open its first home loan deposit scheme to all eligible people building a new home to help the struggling sector.

29 May 18:00 WAtoday 6806590900045570060.html
Student Loan Refinance Marketplace Splash Financial Raises $12.3 Million Through Series A Funding Round Led By CMFG Ventures & Northwestern Mutual Future Ventures

Splash Financial, a U.S.-based student loan refinance marketplace, announced earlier this week it secured $12.3 million through its Series A investment round, w

29 May 18:48 Crowdfund Insider 6834688074012491570.html
Oil analysts see prices edging up but still capped below $40 a barrel: poll

The survey of 43 analysts forecast Brent crude would average $37.58 a barrel in 2020

29 May 18:00 The Globe and Mail 68426411346772330.html
The Screen Industry Workers Bill is good for our industry – Jennifer Ward-Lealand

This week, parliament’s Education and Workforce Select Committee has been hearing submissions on the Screen Industry Workers Bill. Equity New Zealand president Jennifer Ward-Lealand explains why the actors’ union supports it.  The Screen Industry Workers bill rolls back some of the worst aspects

29 May 18:00 The Spinoff 7256195146454811019.html
Sweden’s Economy Grew In Q1 In Absence Of Lockdown

Sweden reported its gross domestic product grew at an annual rate of 0.4 percent from January through March, perhaps as a result of not imposing a full lockdown.

29 May 18:08 PYMNTS.com 7357138824703066368.html
SBA Data Show At Least $20B Of PPP Loans Have Been Canceled

A minimum of $20 billion in PPP loans have been canceled — many by small businesses afraid they can't spend it in ways that will qualify for forgiveness.

29 May 18:16 PYMNTS.com 7357138825165543106.html
Buhari: Close to a billion dollars stolen under Abacha

President Muhammadu Buhari says Nigeria wishes to benefit the world and not to forever be in the need of aid.

29 May 18:43 TheCable 7513571676073099279.html
UP govt to launch programmes to attract women voters

The UP governments latest initiative is the move to appoint ‘Banking Correspondent Sakhi, or female banking agents, in all 5,8000 gram panchayats in the state. The sakhis will do door-to-door visits and are expected to become the main link between female customers, particularly those who are associated with self-help groups (SGHs), and the bank.

29 May 18:34 The Economic Times 7653256036759891256.html
Why India needs to put cash in the hands of the poor

GoI has sedulously avoided direct disbursements to wage labourers who have no jobs and no recourse.

29 May 18:31 The Economic Times 7653256036819535841.html
Investor group allowed to buy Grindr from Chinese firm for $620M

Chinese gaming company Beijing Kunlun Tech said on Friday that a US national security panel approved the $620 million sale of popular gay dating app Grindr to an investor group called San Vicente

29 May 18:41 New York Post 7654946767456528010.html
Stocks tumble as Wall Street awaits Trump’s China salvo

US stocks tumbled Friday as Wall Street anxiously awaited for President Trump to announce his next economic salvo against China. The Dow Jones industrial average slid as much as 368.97 points, or 1.4

29 May 18:17 New York Post 7654946767997955458.html
Working groups on economic task force to synergize efforts to revive economy: Conrad

GUWAHATI: Meghalaya Chief Minister, Conrad Sangma on Friday tweeted that the six Working Groups of the Economic Task Force on COVID-19 pandemic would work in tandem to draw up a systematic and synergistic plan to revive the economy of Meghalaya and c

29 May 00:00 The Shillong Times 2998999880425401929.html
FTSE 100 up as AstraZeneca, GSK climb on vaccine hopes

LONDON, May 29 ― UK shares ended higher yesterday, helped by drugmakers AstraZeneca and GSK as markets looked for more progress in the development of a Covid-19 vaccine, while optimism over the reopening of the economy persisted. The blue-chip FTSE 100 rose another 1.2 per cent after ending...

29 May 00:53 Malaymail 302165935064215782.html
European stocks rise for fourth day on healthcare bounce

FRANKFURT, May 29 ― European shares rose for a fourth straight session yesterday, as optimism over businesses returning to work and stimulus for the battered euro zone economy outweighed rising US-China tensions. The pan-European STOXX 600 index rose 1.6 per cent to hit an 11-week high, with...

29 May 00:06 Malaymail 302165935181544955.html
PIC willing to convert R90 billion of Eskom debt into equity

Africa’s biggest fund manager, the Public Investment Corp., is willing to convert more than 90 billion rand ($5.2 billion) of Eskom Holdings SOC Ltd. debt into equity.

29 May 00:00 MyBroadband 3036103787433276143.html
Big petrol price increase coming in June – AA

The AA has predicted that fuel prices will rise substantially in June.

29 May 00:00 MyBroadband 3036103787600640960.html
Defend your hard-earned savings with Revix’s tokenised gold promotion

Invest in tokenised physical gold without any risk.

29 May 00:00 MyBroadband 3036103787945880553.html
Dell reports steady sales because of work-from-home trend

Dell Technologies Inc. reported quarterly revenue and profit that were better than projected on greater sales of personal computers to businesses with employees working from home, even while server demand waned.

29 May 00:00 MyBroadband 3036103788701183916.html
Amazon in talks for new office despite pandemic

Amazon.com Inc. is in talks to rent an office block in Dublin with space for about 750 workers, according to a person familiar with the matter.

29 May 00:00 MyBroadband 3036103788747548761.html
Financial help sought for new community hub

The $3.8 million Wanaka Community Hub building, which opened seven months ago is in financial strife. The hub houses community and government...

29 May 00:00 Otago Daily Times Online News 3107042078598773989.html
Wage subsidy auditing figures only collected quarterly - MSD

Government ministers are not receiving up to date figures on breaches of the $10 billion wage subsidy scheme, and one Minister's office says "it's...

29 May 00:00 Otago Daily Times Online News 3107042079136045530.html
Financial help sought for new community hub

The $3.8million Wanaka Community Hub building, which opened seven months ago is in financial strife. The hub houses community and government...

29 May 00:00 Otago Daily Times Online News 3107042080028050541.html
Auction tests demand for Queenstown property

Bidders in Queenstown have started testing the water in one of the country's most expensive property markets. This story was first published by RNZ...

29 May 00:00 Otago Daily Times Online News 3107042080108452889.html
108 jobs on line in Tower proposal

Tower says it will aim to cut costs by $7.2 million per year which includes a proposal for 108 redundancies. The NZX-listed insurer announced the...

29 May 00:00 Otago Daily Times Online News 3107042080208028293.html
NZ's largest furniture retailer to open, 180 jobs created

New Zealand's largest furniture and homewares retailer Nido will open its doors to the public tomorrow. The new $60m, 27,000 sq m store in West...

29 May 00:00 Otago Daily Times Online News 3107042080305640490.html
Debt relief plans for world's poor countries inch forward

Plans for debt relief for the world's poorest countries inched forward as private creditors laid out a blueprint for their involvement, though it...

29 May 00:00 Otago Daily Times Online News 3107042080584120244.html
$60m funding boost for NZ libraries announced at Turanga

The government chose Christchurch's central library, Turanga, as the venue to announce a $60 million cash injection for NZ libraries on Friday.

29 May 00:00 Otago Daily Times Online News 3107042080597850943.html
Profitable Blis points to significant growth

Dunedin company Blis Technologies has posted its second consecutive profitable year and says there remains significant international growth...

29 May 00:00 Otago Daily Times Online News 3107042080618844179.html
Cruz, Lee on Next Virus Legislation: Recovery, Not Relief Legislation

Sens. Ted Cruz and Mike Lee said tax cuts and deregulation are needed to help small businesses recover in the wake of coronavirus.

29 May 00:03 Breitbart 3148363490786121531.html
South China Sea: China Builds 'World's Largest' Search and Rescue Ship

China says it has neared completion in building a 450-foot-long search and rescue (SAR) ship, the "largest" in the world.

29 May 00:45 Breitbart 3148363491209407107.html
Tourists could begin to return to Hawaii by late summer, economic report says | Honolulu Star-Advertiser

The latest economic projections from the University of Hawaii Economic Research Organization suggest it will take at least two years for the mainland economy to recover from the coronavirus pandemic, with tourists beginning to return to Hawaii in late July of this year.

29 May 00:36 Star-Advertiser 3439335388408373118.html
Hawaii senators support effort for ‘travel bubble’ agreement with Japan | Honolulu Star-Advertiser

An effort to reopen Hawaii’s tourism economy by forming a pilot “travel-safely bubble” with Japan got a preliminary blessing from state lawmakers today.

29 May 00:50 Star-Advertiser 3439335388843200814.html
Hawaii explores ‘travel bubble’ with Japan amid tourism collapse | Honolulu Star-Advertiser

A pilot “travel bubble” with Japan that allows for relaxed travel restrictions between the two destinations might be a way for Hawaii tourism to start coming back from the 99.5% plunge that it took in April.

29 May 00:50 Star-Advertiser 3439335389112817319.html
COVID-19 delays India's second aircraft carrier

COVID-19 delays India's second aircraft carrier. For about three more years, the Indian Navy will have to make do with its lone carrier -- the Russia-built INS Vikramaditya.

29 May 00:00 Rediff 3466372383463747258.html
German Rights Body GEMA Says Strong 2019 Created 'Crisis Airbag' for Members Sidelined by Pandemic

The German copyright society GEMA carried over momentum from the previous year and increased revenues by nearly 5% in 2019.

29 May 00:00 Billboard 3719329425802952425.html
Finance Ministry statement on controversial Covid-19 tender

PERMANENT Secretary in the Ministry of Finance and Economic Development, George Guvamatanga, has been in the eye of a storm amid reports he authored a letter to the Health Ministry pushing for the payment of funds to suppliers of Covid-19 equipment.

29 May 00:00 The Zimbabwe Mail 3765424161650996489.html
CBK warns 75pc of small businesses risk collapse

Small traders have had to close under coronavirus lockdown measures.

29 May 00:00 The East African 3857388831001948895.html
The Latest Trends in Faucet Design

Point-of-use (POU) faucets and systems are becoming increasingly important in helping meet consumer demands for safe, high quality drinking water.

29 May 00:00 Water Quality Products 3944147856116698003.html
The Latest Trends in Faucet Design

Point-of-use (POU) faucets and systems are becoming increasingly important in helping meet consumer demands for safe, high quality drinking water.

29 May 00:00 Water Quality Products 3944147857198667518.html
How can I qualify for pension cap indexation?

Indexation of superannuation pensions - if it ever happens - won't be available to all, writes John Wasiliev, who seeks answers to your questions about super.

29 May 00:07 Australian Financial Review 3974284486289916219.html
Frydenberg talks markets to US Treasury secretary

Treasurer Josh Frydenberg has spoken to US Treasury secretary Steven Mnuchin about the rebound in equity markets and the stabilisation of credit markets.

29 May 00:45 Australian Financial Review 3974284486973699993.html
Lynas forced to defend disclosure on US military funding

Amanda Lacaze-led Lynas knew the US Department of Department process was on hold in April but she did not alert the market until May 22.

29 May 00:48 Australian Financial Review 3974284488330134178.html
How Will Africa Fare After COVID-19? By Haleed Sulemana

The African Free Trade Area Agreement (AfCFTA) that would see African countries trade within its borders without priority to Western countries should be fast-tracked and made operational. This will allow the African Union and other African sectors to easily assert their agency globally.

29 May 00:00 Sahara Reporters 4209699745140091782.html
WTI slips below $34.00 amid risk reset in early Asia

WTI extends its declines from $34.34 to $33.56 amid the initial Asian session on Friday. In doing so, the oil benchmark probes the previous day’s reco

29 May 00:31 FXStreet 4480975638955652564.html
Silver Price Analysis: Struggles to gather upside traction despite diamond breakout

Silver is currently trading near $17.41 per ounce, representing a 0.21% gain on the day, having faced rejection near $17.50 on Thursday. The metal wit

29 May 00:54 FXStreet 4480975639287024821.html
EUR/JPY falls back to 200-day SMA as Tokyo inflation beats estimates

The bid tone around the Japanese yen strengthened early Friday, pushing EUR/JPY back to levels below the 200-day simple moving average (SMA) at 119.25

29 May 00:28 FXStreet 4480975640009040921.html
Ferritin heavy chain protein shows promise as a potential SARS-CoV-2 vaccine or antiviral

A new study published on the online preprint server bioRxiv in May 2020 reports the construction and testing of a new ferritin-based antigen-bearing protein that has biological activity towards the ACE2 receptor. This could indicate its potential for development as a vaccine or antiviral.

29 May 00:37 News-Medical.net 4522523030827862660.html
AU$721 million in robo-debts to be returned as Australian government admits error | ZDNet

Services Australia has identified 470,000 debts raised wholly or partially using income averaging of ATO data.

29 May 05:37 ZDNet 591556593149345324.html
India’s key growth engine grinds to halt in sign of slump

India Business News: From call centers to hotels to airlines, India’s key services industries have come to a standstill during the coronavirus outbreak, dragging the econo

29 May 05:32 The Times of India 6060938663133885581.html
France reopening bars and parks next week

Bars, cafes, restaurants, and parks in France are to reopen on 2 June, marking the latest stage in lockdown-easing measures of one of Europe's strictest regimes, French prime minister Edouard Philippe said Thursday. "Freedom will become the rule, bans the...

29 May 05:26 EUobserver 625925298350286036.html
EU extends sanctions against Syrian regime

The EU Council on Thursday extended restrictive measures against the Syrian regime. "The EU remains committed to using every tool at its disposal to push for a political solution to the conflict that would benefit all Syrians and put an end to the ongoing...

29 May 05:10 EUobserver 625925298826658788.html
Cyprus expects 600,000 tourists in August

Cyprus expects to receive some 600,000 passengers in August, transport minister Yiannis Karousos said Thursday, noting that this estimate includes people flying in on commercial and private planes, Ekathimerini writes. "There is a gradual lifting of measu...

29 May 05:10 EUobserver 625925298827117050.html
China's post-Covid 19 'techno-nationalist' industrial policy

While Covid-19 brings China one step closer to technology-perfected authoritarianism through improvised health apps and real-time surveillance, Europe is busy looking inward.

29 May 05:10 EUobserver 625925299392394143.html
EU agency: tracing apps must respect fundamental rights

A report on Thursday by the Fundamental Rights Agency (FRA) urges EU governments to respect fundamental rights when using contact-tracing apps to curb the spread of the coronavirus. It also calls for open-source solutions to enhance transparency and confi...

29 May 05:09 EUobserver 625925299640958418.html
Euro Outshines Pound Sterling and Dollar as Investors Cheer EU Progress on Coronabonds

A fundamental shift in sentiment for the better towards the European Union has been reflected in a steady demand for euros over the course of the past two days, ensuring the single currency's outlook against peers such as the British Pound and U.S. Dollar has improved markedly

29 May 05:59 The Pound Sterling Live 6614579508641342183.html
Buhari submits Nigeria's budget to parliament

The proposal sent to both chambers of Parliament on Thursday is only marginally lower than the record 10.59 trillion naira budget approved in December by Buhari. It follows the inclusion of new items,

29 May 05:35 Africanews 6630243979316116349.html
Nissan falls behind rivals in industry's critical transitional period

Nissan Motor Co.'s business downturn may be causing a costly delay in the global race toward new mobility technologies, analysts say.

29 May 05:48 The Japan Times 6673764367436547863.html
Wipro appoints Thierry Delaporte as new CEO and MD

Wipro's 3-month old leader hunt comes to an end

29 May 05:34 The Hindu 6679535025833020055.html
Jobs promise as Marston’s joins forces with Carlsberg

Jobs are likely to come to the West Midlands as it becomes the headquarters of a major new UK brewing operation.

29 May 05:01 Express & Star 7324224459134281696.html
Coronavirus cash boost for Dudley transport workers

Transport workers will see their coronavirus funding quadrupled after council bosses backed down in a pay row.

29 May 05:00 Express & Star 7324224459658028615.html
Sales soar in the sunshine as beer lovers drink at home

Beer sales are soaring as people enjoy the summer lockdown in their gardens.

29 May 05:06 Express & Star 7324224460066893753.html
Almost half a million Australians will have their robodebts refunded

The federal government will refund $721 million recouped from 470,000 people through the controversial “robodebt” scheme. Under the contentious “robodebt” program, welfare r…

29 May 05:59 3AW693 News Talk 7618006914736840677.html
Rupee rises 7 paise against the US dollar; all eyes on GDP data

“For the day, we expect volatility for the rupee to be confined to a narrow range of 75.40 and 76.20,” MOSL said.

29 May 05:26 The Economic Times 7653256036476149663.html
Indian IT eyes captives as global companies rejig operations

Global companies look to outsource work to large services firms to offset demand slowdown.

29 May 05:49 The Economic Times 7653256036774080523.html
Lupin Q4 results: Net profit rises 35% to Rs 390 crore

Consolidated income from operations of the company stood at Rs 3,791 crore for the quarter under consideration as against Rs 3,807.02 crore for the same period year ago.

29 May 05:57 The Economic Times 7653256036844409520.html
Bet on agrarian theme as rural economic recovery will stand out: Mukul Kochhar

‘We have had a very good winter harvest this time

29 May 05:42 The Economic Times 7653256037402294698.html
What's the cost of Covid lockdown? Today’s GDP data will give an idea

To be sure, Indias growth was already at a six-year-low during the pre-lockdown period.

29 May 05:33 The Economic Times 7653256037626196390.html
Australia's 'war cabinet' shifts focus to jobs: PM

SYDNEY (Reuters) - Australia’s “war cabinet” will meet every month to focus on bringing unemployment down after successfully slowing the spread of the novel coronavirus, Prime Minister Scott Morrison said on Friday.

29 May 05:28 Reuters 8334514180205558563.html
With 'Main Street' in view, Fed weighs risks of job, productivity shocks

WASHINGTON (Reuters) - U.S. Federal Reserve officials have talked broadly about helping households and firms through the current economic crisis and quickly unleashed trillions of dollars in cash and credit guarantees to build a “bridge” to the post-pandemic world.

29 May 05:06 Reuters 8334514180592306397.html
Debate over $600 in jobless aid to intensify as claims rise

The $600 in federal benefits was added as a way to replace all of an average worker’s lost income.

29 May 05:15 Fox 4 8372747777510570027.html
Check out the People Mover (not monorail) coming to Bangkok

Automated people movers designed in Canada and built in China will soon arrive to whisk passengers between commercial developments on the Chao Phraya River The first of several Bombardier Innovia APM300s will arrive next month to service the Gold...

29 May 05:56 Coconuts 8871564983728122820.html
Industry cries foul over Mahavitaran's new billing system

An industrial unit from Sangli whose consumption was 7595 units in March under new system received a bill for 37,650 units and got five times bill.

29 May 06:18 Mumbai Mirror 1209961192288287929.html
Firms must pay 20 per cent of wages for furloughed staff from August, Rishi Sunak will say today as he starts to wind down massive bailout despite fears of a wave of redundancies

Chancellor Rishi Sunak will declare that businesses should start taking some of the burden despite fears of a wave of redundancies.

29 May 06:50 Mail Online 124328110550893646.html
The London flat a raffle firm is STILL struggling to give away: East End property will now come with a £30k Land Rover - but ticket sales are still way off target

A property raffle has added a £30,000 car to its original prize pot of a £500,000 London flat in a bid to tempt more customers to purchase tickets.

29 May 06:15 Mail Online 124328112087517582.html
Vande Bharat Phase II: MEA ropes in private airlines, opens land borders

The MEA spokesperson said as of today, 45,216 Indians have returned. These include 8,069 migrant workers, 7,656 students and 5,107 professionals

29 May 06:10 Business-Standard 1502508925727921425.html
Auto index outperforms benchmark Sensex for second straight month

In the past two months, M&M has rallied 55%, while Hero MotoCorp soared 46% followed by Escorts (up 37%) and Bajaj Auto (up 32%)

29 May 06:00 Business-Standard 1502508926111214522.html
After Infosys, now Wipro hires a Capgemini top executive as CEO & MD

Appoints French IT services firm's COO Thierry Delaporte for its top post

29 May 06:59 Business-Standard 1502508926502333377.html
China-led AIIB approves $750-million loan for PH's virus response

The loan from the Beijing-based multilateral lender will be used to increase the Philippines' testing capacity and provide conditional cash transfers to poor households

29 May 06:15 Rappler 1882105641969820404.html
UK business confidence at its lowest since December 2008

New survey shows their confidence at new depths, while fear of job losses soar

29 May 06:33 Gulf News 2086521543889043406.html
French carmaker Renault to take extreme measures on costs, cuts 14,000 jobs

Top official admits that manufacturer had been spending way too much, plans 10% job cuts

29 May 06:51 Gulf News 2086521545202241887.html
Free access to e-newspapers via NLB extended until further notice

Readers who have been enjoying free access to electronic newspapers through the National Library Board (NLB) can continue to do so past the circuit breaker period. The free access for library patrons to the digital editions of eight Singapore Press Holdings (SPH) newspapers...

29 May 06:00 thenewpaper 2217039561188250717.html
Phase 2 before end-June if Singaporeans act responsibly: Wong

Social gatherings, restaurant dining and retail therapy at the malls may become a reality again in less than a month, if Singaporeans play their part by being vigilant and staying socially responsible. At a press conference yesterday, the multi-ministry task force said...

29 May 06:00 thenewpaper 2217039561263712744.html
Job security of migrant workers depends on employers, economy

The job security of migrant workers who return to work after quarantine will depend on their employers and the state of the economy, said National Development Minister Lawrence Wong yesterday. He was responding to a question from a reporter who noted that migrant workers,...

29 May 06:00 thenewpaper 2217039561835279721.html
Non-essential shops to reopen: What shops will it include and when will it happen?

The government has unveiled a full list of the shops which will be allowed to reopen in England under new guidelines from 15 June. The measures are part of the second phase in Boris Johnson’s roadmap

29 May 06:39 The Independent 2511519172081429016.html
Singapore, China to launch 'fast lane' arrangement with COVID-19 measures for essential business, official travel

SINGAPORE: Singapore and China have agreed to launch a "fast lane" arrangement in early June to facilitate essential travel for business and ...

29 May 22:54 CNA 5644198862368684774.html
Exclusive: Brazil's Embraer draws foreign interest after Boeing rift - sources

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

29 May 22:20 CNA 5644198864228917936.html
Spirit Aerosystems Holdings: Strong Enough To Challenge This Crisis

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

29 May 22:00 Seeking Alpha 5725634556600265688.html
Financial Markets Continue To Rise Despite Dismal Employment Data

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

29 May 22:58 Seeking Alpha 5725634556618538473.html
Major Market Indicators Report June 2020: Downshifting To Neutral

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

29 May 22:08 Seeking Alpha 5725634557241514983.html
Retail sector braces for more pain as PAS Group collapses

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

29 May 22:05 The New Daily 5848147786178208069.html
ASIC flags payday lending concerns once COVID-19 fiscal stimulus dries up

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

29 May 22:10 The New Daily 5848147786963979190.html
Massey's Alison Brook looks at how we are responding to a world-scale natural disaster that is killing jobs super-fast and what the resulting long-term unemployment will will do to economic prospects

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

29 May 22:52 interest.co.nz 6454226275762366031.html
Digital Transformation: Only 40% of Consumers Expect to Visit Physical Bank Branches After COVID-19, a Survey by Fintech Novantas Reveals

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

29 May 22:54 Crowdfund Insider 6834688072203071394.html
Stablecoins Could Reach $1 Trillion Market Cap in 5 Years, According to Experienced Venture Capitalist focused on Blockchain Space

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

29 May 22:35 Crowdfund Insider 6834688073476828897.html
Developers vow to keep building skyscrapers, even as tech firms ditch their offices

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

29 May 22:32 The Globe and Mail 68426410811558035.html
Can this couple support their autistic child throughout her life while hitting retirement goals?

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

29 May 22:00 The Globe and Mail 68426411408576874.html
A case study in how not to invest in bank stocks

Stay clear of these complicated investments

29 May 22:00 The Globe and Mail 68426411490817335.html
This is the Level Chainlink Needs to Surmount to See “Swift Rally” to Fresh Highs

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

29 May 22:00 NewsBTC 7232133510944601839.html
Bitcoin Daily: BitClave Settles SEC Charges By Agreeing To Return ICO Proceeds; Authentication Startup Magic Notches $4M In Funding

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

29 May 22:57 PYMNTS.com 7357138825795799036.html
Chicago Purchasing Managers Index Tumbles To 38-Year Low

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

29 May 22:47 PYMNTS.com 7357138826717892493.html
Downtown Victoria library gearing up to reopen for pickups

Greater Victoria residents will have access to new reading materials next month, as the central branch of the Greater Victoria Public Library gets ready to open for pickups in mid to late June. . . .

29 May 22:18 Times Colonist 7617512061077471699.html
Launch owners told to follow health safety rules, fare to remain unchanged

Launch owners have been told to resume services throughout Bangladesh from Sunday enforcing social distancing measures between the passengers and following health safety guidance amid the coronavirus outbreak.

29 May 22:29 Bdnews24 8119004130183462354.html
United Airlines cutting 13 top jobs, adding international flights in July

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

29 May 22:37 Reuters 8334514180820799553.html
Move 4 Less offers free moves to four families

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

29 May 22:09 Las Vegas Review-Journal 8640648837290934106.html
Working hours for commercial activities from 7am to 1pm from Sunday

The Ministry of Commerce and Industry (MoCI) said yesterday in a circular that work hours for commercial and service activities in Qatar will be from 7 am to 1 pm from Sunday. The steps are taken within the framework of the preventive and precautionary measures taken in Qatar to contain the COVID-19 outbreak and in line with previous decisions and procedures.

29 May 23:07 The Peninsula 1202843881651616540.html
Credit flow: Rs 4L crore reverse repo funds sanctioned as loans

RBI data show banks have parked Rs 6.3 lakh crore under the reverse repo route.

29 May 23:20 The Financial Express 1288289579624196921.html
Tata vs Mistry: SC to hear Cyrus Mistry’s plea for Tata Sons board seat

Mistry wants the SP group firms - Cyrus Investment Pvt Ltd and Sterling Investment Corporation - should be given proportionate representation on the Tata Sons board and all its committees, which allegedly was denied to his family group.

29 May 23:30 The Financial Express 1288289579739688671.html
Markets buck global trend, march higher for third day

On Friday, the benchmark Nifty was up by 90.20 points or 0.95% to close at 9,580.3. The 30 share index Sensex was up by 223.51 or 0.69% to close at 32,424.1.

29 May 23:34 The Financial Express 1288289580145277737.html
New PPA after 5 years: Madhya Pradesh approves pact with Adani Power

After a hiatus of five years, a new long-term power purchase agreement (PPA) for thermal power has been finalised, with the regulator of Madhya Pradhesh approving the 25-year contract signed between Pench Thermal Energy (MP), a unit of Adani Power.

29 May 23:15 The Financial Express 1288289580684531167.html
Covid impact: Big tax shortfall raises Centre’s fiscal deficit to 4.6%

Spending kept at 99.5% of RE to support falling economy.

29 May 23:42 The Financial Express 1288289580862457011.html
Covid effect? Debt Mutual Funds to face multiple headwinds

Since the lockdown was imposed in India to contain the spread of novel coronavirus, weak liquidity of underlying assets and redemption pressures have been a risk to the debt mutual funds.

29 May 23:32 The Financial Express 1288289580895886644.html
New comprehensive I-T form to come in handy for taxman

Tax authorities will now have information regarding taxpayers' transactions in stocks and property, along with other financial transactions, in any given year after the Central Board of Direct Taxes (CBDT) notified the new form 26AS — an annual information statement — on Thursday.

29 May 23:01 The Financial Express 1288289581124261939.html
Niti Aayog suggests slew of steps to make India’s exports competitive

The measures include establishment of a national trade network (NTN), improving information flow and making customs processes and IT systems more efficient.

29 May 23:00 The Financial Express 1288289581532546775.html
Yes Bank launches overdraft facility on FDs

Private lender Yes Bank has launched an overdraft (OD) facility against fixed deposits (FDs) for its customers through digital channels.

29 May 23:12 The Financial Express 1288289581596525100.html
Bitcoin’s Funding is Flashing a Warning Sign After Rejection at Key Resistance

Bitcoin's rejection at $9,700 has coincided with funding flipping positive. This suggests that sellers are gaining the upper hand over buyers

29 May 23:00 Bitcoinist.com 1696346937032192390.html
Bangladesh becomes 60th nation to receive IMF pandemic aid

The coronavirus outbreak is severely affecting Bangladesh's exports of ready-made garments and remittances, notes the International Monetary Fund

29 May 23:00 Rappler 1882105642341644830.html
Fed chair warns of widening inequality as U.S. consumption dives

United States consumer spending plunges by a record 13.6% in April 2020

29 May 23:30 Rappler 1882105642700076394.html
Govt reducing income of SBI depositors by reducing interest rates: Congress

The Congress on Friday accused the BJP government of reducing income of State Bank of India (SBI) depositors by bringing down interest rates and demanded that the previous rates be restored. The

29 May 23:06 Deccan Herald 2027555797038410044.html
Coronavirus: New SOP for 7-day quarantine for international passengers

For Vande Bharat returnees approaching the end of their 14-day mandatory quarantine period, new guidelines reducing the institutional quarantine period appeared to be Godsend. But, many have been waiting in vain to be discharged.

29 May 23:30 Deccan Herald 2027555797364791648.html
Aarogya Setu is completely secure: Union Law Minister Ravi Shankar Prasad

Amid privacy concerns, Union Law Minister Ravi Shankar Prasad on Friday maintained that Aarogya Setu was completely secure and there was no security or data breach in coronavirus tracking mobile

29 May 23:18 Deccan Herald 2027555797868271903.html
Wall St ends mostly higher as U.S.-China spat simmers

U.S. stocks finished mostly higher on Friday after President Donald Trump announced measures against China in response to new security legislation that were less threatening to the U.

29 May 23:01 Financial Post 2379081492079237753.html
Dead Cat Bounce or Real Rally?

Investors are split on whether the rally since late-March is the real-deal or a short-lived bounce. Here's what our quant experts are saying.

29 May 23:53 InvestorPlace 24614510875651545.html
Are creatives on another cockroach-horse ride? - The Nation Nigeria News

I received with reservations, the current touted plan by the federal government to provide palliatives for the creative industry. The move appeals to me

29 May 23:55 Latest Nigeria News, Nigerian Newspapers, Politics 2658445901276943896.html
Indian economy slows in March quarter, with worst to come

India's economy grew at 3.

29 May 19:54 Bangalore Mirror 4632149709034771469.html
Lloyd's of London considers part-virtual underwriting room

LONDON (Reuters) - The Lloyd's of London insurance market said on Friday it is considering combining its physical underwriting floor in the City of London with some online elements. Lloyd's shut its

29 May 19:36 Firstpost 4760741712587170513.html
SC order on migrant workers a welcome move, but with most labourers already ferried home, it has come a bit too late

Supreme Court directive to the Centre and the states on how the migrant workers' reverse migration should be handled is a welcome move

29 May 19:53 Firstpost 4760741713753363791.html
New Set Of Reforms Will Help Transform Agriculture From A Bottomless Pit Of Subsidies To An Enterprising Industry

Tech-enablement of the agricultural value chain and information dissemination among stakeholders is important.

29 May 19:03 Swarajya 4977622829178624320.html
Torstar buyer says Canso picked to provide financing because of media experience

TORONTO — A private investment company that is a major backer of Postmedia Network Corp. has agreed to provide financing for NordStar Capital's acquisition of Torstar Corp., the owner of the Toronto Star and other newspapers.

29 May 19:15 KitchenerToday.com 52741010316030859.html
Price of rice, eggs, yam increased in April — NBS

The National Bureau of Statistics (NBS) said the average price of some selected food items in the country increased in April.

29 May 19:09 Premium Times Nigeria 5456729301054275232.html
Why CBN slashed monetary policy rate - Official

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has explained why it slashed the monetary policy rate, popularly called lending rate, from 13.5 per cent to 12.5 per cent.

29 May 19:03 Premium Times Nigeria 5456729301166694600.html
Wall Street retreats ahead of Trump's response on Hong Kong

Wall Street's main indexes fell on Friday as investors were on edge ahead of a U.S. response to China's national security law on Hong Kong that ...

29 May 19:00 CNA 5644198862263062855.html
S&P 500, Dow dip on jitters over Trump's China response

U.S. stock futures dropped on Friday as investors braced for President Donald Trump's response to China's national security legislation for Hong ...

29 May 19:00 CNA 5644198862561267725.html
Wall Street Week Ahead: Investors eye consumer discretionary stocks as US reopens

Investors are taking a closer look at the market's consumer discretionary companies as a reopening U.S. economy fuels hopes of a turnaround for ...

29 May 19:10 CNA 5644198863289028465.html
Futures hit by Sino-US tensions at the end of strong month

U.S. stock futures dropped on Friday as investors braced for President Donald Trump's response to China's national security legislation for Hong ...

29 May 19:00 CNA 5644198863441872599.html
S&P 500 up in choppy action after Trump comments on China

Wall Street's main indexes fell on Friday as investors were on edge ahead of a U.S. response to China's national security law on Hong Kong that ...

29 May 19:00 CNA 5644198863924720196.html
Williams says any team sale would be to secure F1 future

Williams are prepared to end decades of family control and sell the struggling Formula One team to secure its future after tough times on and off ...

29 May 19:31 CNA 5644198863953525534.html
Westlake Chemical Corporation: Too Early To Go Long Here

First-quarter numbers were encouraging considering lower sales prices witnessed in the quarter. We like the fundamentals of caustic soda despite headwinds in Q1

29 May 19:14 Seeking Alpha 5725634556451784700.html
Modine Manufacturing's (MOD) CEO Tom Burke on Q4 2020 Results - Earnings Call Transcript

Modine Manufacturing Company (NYSE:MOD) Q4 2020 Earnings Conference Call May 29, 2020 9:00 AM ET Company Participants Kathy Powers – Vice President, Treasurer,

29 May 19:35 Seeking Alpha 5725634556464592221.html
Closed-End Funds: Eaton Vance's Option Funds

Eaton Vance offers many respectable funds. Today, I wanted to give a broad overview of the option based funds we don't discuss very often. I also wanted to touc

29 May 19:43 Seeking Alpha 5725634556702221980.html
Gold: Making Its Seasonal Top

We are trading gold now as a currency against the US dollar. The current crisis has burst the bubble of the Keynesian idea of supplying stimulus to the market t

29 May 19:30 Seeking Alpha 5725634557935604673.html
Why Growth Will Continue To Outperform 'Traditional Value'

Growth investing has handily outperformed traditional value investing over the last ten years, a trend which has been exacerbated since the pandemic. Traditiona

29 May 19:38 Seeking Alpha 5725634557961548915.html
Flour prices raised by Flour Mills Association

The price of a 20 kg bag of flour has been increased by Rs 120

29 May 19:35 Dunya News 5863268918775100819.html
CULTIVATED: An inside look at Eaze — Cuts at Caliva — Dismal earnings for Canopy Growth

In this week's Cultivated, we take a close look at Eaze's financial projections, scoop cuts at Caliva, and more.

29 May 19:15 Business Insider 6060062399507441887.html
Theatre gets positive review

A review of operations within the Kelowna Community Theatre suggests only fine-tuning is needed for it to become more efficient and generate additional revenue.

29 May 19:00 Castanet 616068601596679235.html
China's cover-up of Covid-19 led to global pandemic and loss of a million lives: Trump

China has total control over WHO despite only paying $40 million a year compared to what US has been paying, which is approximately $450 million a year, says Trump

29 May 19:19 Livemint 6614605818254506740.html
Digital Asset XRP Liquidty Sets All-Time High Just Weeks After New Lawsuit Filed Against Fintech Ripple

XRP liquidity via the Mexican and Australian corridor recently reached another all-time high. The digital asset’s European corridor liquidity has also incr

29 May 19:05 Crowdfund Insider 6834688072468066390.html
Standard Chartered Completes First Impact-Focused Subscription Finance Facility

Standard Chartered, a UK-based multinational banking and financial services company with $688 billion in assets, announced earlier this week it comple

29 May 19:17 Crowdfund Insider 6834688073597067288.html
The contrarian case for Hong Kong stocks, Rosenberg on when markets will dive, and are Canadians relying too much on savings accounts?

A roundup of investment ideas for active investors

29 May 19:05 The Globe and Mail 68426410081199061.html
Tencent in talks to buy Warner Music stake: report

The listing by the world’s third-largest recording label could potentially be the largest New York IPO so far in 2020.

29 May 19:25 The Globe and Mail 68426411474095389.html
Reuters: Wizz Air expands with new bases in Italy, Cyprus, Ukraine and Albania

Eleven new aircraft will be deployed at the new bases and there will be 50 new routes.

29 May 19:24 UNIAN 6863008970875848920.html
UK lenders approve almost 1.5m holidays for card and loan payments

Requests to freeze accounts among distressed borrowers continues to grow

29 May 19:35 Ft 707176888178799319.html
Today In Payments: Mastercard Introduces Recovery Insights Tools; Starling Notches $49M In Funding

In today's top news, Mastercard introduces Recovery Insights tools, Google is mulling a share of Vodafone India, and Starling has raised $49 million.

29 May 19:00 PYMNTS.com 7357138825149524248.html
Greece will reopen to tourists from 29 countries beginning June 15, will conduct random testing

Greece will begin lifting its coronavirus lockdown for business and travel ahead of the peak summer tourism season, officials announced Friday.

29 May 19:00 Fox News 7362823820372984334.html
Covid Lockdown may be confined to 13 cities; hotels & malls could open

The national directives on new lockdown are likely to be issued on May 31 for next fortnight.

29 May 19:37 The Economic Times 7653256037496289694.html
Tasting Australia Will Not Go Ahead in 2020

Originally shelved until October, the state’s biggest food and drink festival will now return in autumn 2021.

29 May 00:00 Broadsheet 1032174911820263144.html
Trump signs an executive order about social media platforms

Days after Twitter added 'fact check' to two of US President Donald Trump tweets, calling them 'potentially misleading', the latter has signed an executive order about social media platforms. The order is aimed at limiting the broad legal protections enjo

29 May 00:00 Business Today 1145527431230735768.html
Railways extends advance reservation period; No travel fare for migrants

Indian Railways has taken the decision to extend the advance reservation period (ARP) from 30 days to 120 days for its special Rajdhani trains as well as the Mail Express trains that will commence services June 1 onwards.

29 May 00:00 Business Today 1145527431497073295.html
Punjab CM seeks cash transfer for poor people

Punjab Chief Minister Capt Amarinder Singh on Thursday demanded that the Centre give Rs 10,000 to the poor and provide financial assistance to small and medium enterprises to resume operation. In a video message as part of the Congress party's ''Speak Up India'' campaign, the CM said, "We want the

29 May 00:00 The Pioneer 1146783231852857841.html
Phygital is the way forward’

Balbir Singh Dhillon, Audi India’s head, hopes that the sales will bounce back in the country powered by the YOLO mentality of customers As the country limps back to a sense of normalcy, I spoke with Balbir Singh Dhillon, Audi India’s boss about how he believes the luxury car market in India

29 May 00:00 The Pioneer 1146783232409632176.html
French carmaker Renault announces 15,000 job cuts worldwide

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

29 May 00:00 The Pioneer 1146783232630092176.html
MCD unlikely to resume property tax collection from June 1

The Municipal Corporation of Dehradun (MCD) will not resume property tax collection from June 1. The tax section of the corporation was closed for the public since the middle of March due to Covid-19 pandemic due to which many property tax payers of the city have not submitted their property

29 May 00:00 The Pioneer 1146783232658483202.html
No total lockdown on this weekend

There will be no total lockdown in Chhattisgarh in the coming, last weekend of May, the government has decided, while announcing more freedom for shops and businesses and detailed guidelines to improve the quality of life in its quarantine camps. This follows a high-level meeting chaired by Chief

29 May 00:00 The Pioneer 1146783232731402107.html
Goa CM bats for lockdown extension; wants malls, gyms to open

Goa Chief Minister Pramod Sawant on Friday said the current phase of lockdown, slated to end on May 31, should be extended till June 15 considering the overall COVID-19 scenario in the country, where the case count has crossed the 1.6 lakh-mark. Sawant, who spoke to Union Home Minister Amit Shah

29 May 00:00 The Pioneer 1146783233002333605.html
Rural public to get ownership of own plot

Now the rural public can enjoy the ownership of their own plot. The villagers will get the records of their rights after the survey of the rural settlements in the State. Property registers will also be prepared at the panchayat level from the database prepared under the scheme for the benefit of

29 May 00:00 The Pioneer 1146783233238235972.html
Yes Bank Scam: Over 100 firms that ‘diverted’ money, Rs 87-crore gift to wife under ED lens

The Enforcement Directorate (ED) is poring over the books of more than 100 companies owned/controlled/managed by the founder of the troubled Yes Bank, Rana Kapoor, and his family members.

29 May 00:30 Mumbai Mirror 1209961193151420970.html
No new car, no bouquets as Raj Bhavan goes on an austerity drive

Practice of offering gifts to VVIPs discontinued; measures aimed at cutting spending by 15%

29 May 00:30 Mumbai Mirror 1209961193169306029.html
Relief for migrant labourers: Too late, too little

The govt’s measures for migrant workers won’t be of much effect. We must consider basic income transfers, otherwise we risk starvation due to indifferent public policy responses

29 May 00:59 The Financial Express 1288289580298562432.html
Covid-19 crisis: UP sees sense on migrant workers, Maharashtra should too

A shortage of workers in one state or another could result in a spike in wage costs, throwing the economics of manufacturing or construction out of gear.

29 May 00:54 The Financial Express 1288289581002230301.html
Magic Leap CEO Rony Abovitz to step down

Magic Leap is not yet naming a replacement.

29 May 00:37 The Verge 1337119304655269320.html
Slovak startup GymBeam nabs around €6 million for its fitness brand

Slovakian startup GymBeam, one of the fastest growing fitness brands in Europe, has landed an investment of around €6 million, which it will use to push its brand across Central and Eastern Europe. Founded in 2014, the Slovak e-commerce platform focuses on fitness, nutritional supplements, functi

29 May 00:00 EU-Startups 1488873444433036035.html
UK challenger bank Starling Bank raises €44.3 million to support small businesses

Today UK challenger bank Starling Bank has raised approximately €44.3 million in a funding round led by JTC and Merian Chrysalis Investment Company Limited. The investment follows an approximate €66.5 million investment in February 2020, bringing the total raised by Starling in 2020 to around €110 m

29 May 00:00 EU-Startups 1488873444567197574.html
Here's the list of outperforming stocks rising most since lockdown

Eight leading promoter-controlled business houses have emerged as the new Corona warriors for the stock market

29 May 00:00 Business-Standard 1502508925337671879.html
Coronavirus pandemic | Maharashtra to give Rs 50 lakh insurance cover to frontline workers: Deputy CM Ajit Pawar

Pawar, who is also finance minister, said huge manpower is busy in surveying, tracing, testing, taking preventive measures and providing relief during the pandemic by risking their lives.

29 May 00:00 Moneycontrol 1603024963313775789.html
Rice sowing not progressed much after April 10: Agriculture Ministry data

It may be noted that sowing of rice and other kharif crops is being undertaken amid the COVID-19 lockdown. Although farm activities are exempted from lockdown rules, the reasons are not known yet for slow area coverage under rice.

29 May 00:00 Moneycontrol 1603024963349267265.html
Odisha unveils Rs 17,000 crore plan to support people's livelihood hit by economic crisis

The decision was taken at a Council of Ministers meeting presided over by Chief Minister Naveen Patnaik, a senior official said.

29 May 00:00 Moneycontrol 1603024963357164147.html
Buy Coal India; target of Rs 264: ICICI Securities

ICICI Securities is bullish on Coal India has recommended buy rating on the stock with a target price of Rs 264 in its research report dated May 29, 2020.

29 May 00:00 Moneycontrol 1603024963360734300.html
GST Council to meet next month; FinMin not for raising rates on non-essential items

The nationwide lockdown was announced by Prime Minister Narendra Modi on March 24 for 21 days in the first leg in a bid to contain the spread of novel coronavirus.

29 May 00:00 Moneycontrol 1603024963493737910.html
FIIs pare stake in 90% Nifty companies in Q4; trend may continue in coming quarter

The trend may remain unabated in the coming quarters too if the current situation does not change even as there are some positives that are comforting, said experts.

29 May 00:00 Moneycontrol 1603024963538968046.html
COVID-19 impact | Blackberrys to align physical stores with digital capabilities

Premium menswear brand Blackberrys is gearing up to restart its business after the COVID-19-led disruption.

29 May 00:00 Moneycontrol 1603024963559203586.html
Singapore top source of FDI in FY20 with investments worth $14.67 billion

According to experts, Singapore has been able to outpace Mauritius with its ease of doing business policies, simplified tax regime and a large number of private investors.

29 May 00:00 Moneycontrol 1603024963589265816.html
Wipro's new CEO Thierry Delaporte has an impressive CV but challenges galore: Experts

Delaporte will have to ring in organisational changes to help Wipro regain lost ground, feel experts.

29 May 00:00 Moneycontrol 1603024963631016671.html
Naredco-UP signs MoU with UP government to provide jobs to 2.5 lakh labourers

Around 1.25 lakh workers will be absorbed at project sites spread across Ghaziabad, Noida and Greater Noida in Delhi-NCR

29 May 00:00 Moneycontrol 1603024963687371620.html
UCO Bank reduces repo-based lending rate by 40 bps

State-run UCO Bank on Friday said it has reduced its lending rate linked to the Reserve Bank of India's (RBI) repo rate by 40 basis points.

29 May 00:00 Moneycontrol 1603024963693768388.html
Wall Street retreats ahead of Trump's response on Hong Kong

President Donald Trump, who has warned of a tough response to China's move, is expected to make an announcement later in the day.

29 May 00:00 Moneycontrol 1603024963697471113.html
Bombay HC notices on plea over cancellation of airport project award

As per the plea, Multi-modal International Cargo Hub and Airport at Nagpur (MIHAN), a joint venture company between Maharashtra Airport Development Company and Airports Authority of India (AAI), is now planning on issuing fresh tenders for the project.

29 May 00:00 Moneycontrol 1603024963704482298.html
Q4 GDP data today: Why does the growth number matter to us?

Theoretically, the lockdown impacted the economy only in the last week of March. But, in reality much of the normal course of business had slowed down days before the nationwide lockdown came into effect. This is because people movement declined significantly much before the lockdown.

29 May 00:00 Moneycontrol 1603024963766404024.html
Procter & Gamble Health posts net profit of Rs 46.5 crore for March quarter

It had posted a net profit of Rs 40.70 crore in the corresponding quarter a year ago, Procter & Gamble Health said in a regulatory filing.

29 May 00:00 Moneycontrol 1603024963791786696.html
NIIT Technologies share buyback issue opens; 10 key things to know

The IT company proposed to raise Rs 337.46 crore through the buyback offer.

29 May 00:00 Moneycontrol 1603024963816863183.html
Investors can participate in NIIT Tech share buyback through these 2 strategies

Given, the stock to perform well going ahead owing to increase in the order inflows & strong growth outlook, arbitrage benefit of 15-20 percent can be achieved easily in one month as on closing price (Rs 1,473).

29 May 00:00 Moneycontrol 1603024963846184811.html
Buy Aditya Birla Fashion and Retail target of Rs 137: Anand Rathi

Anand Rathi is bullish on Aditya Birla Fashion and Retail has recommended buy rating on the stock with a target price of Rs 137 in its research report dated May 28, 2020.

29 May 00:00 Moneycontrol 1603024963939584017.html
Canada GDP in April fell a record 11% as COVID-19 shutters economy

Gross domestic product in March fell by 7.2 percent from February, the most severe month-on-month plunge ever, although the decline was less than the 9 percent predicted by analysts. Statscan said the March and April decreases were likely the largest-ever consecutive monthly declines.

29 May 00:00 Moneycontrol 1603024963977858061.html
'In battle between actual and perceived risk, gold to remain directionless'

A substantial correction in gold will only be seen when investors chose to exit the metal.

29 May 00:00 Moneycontrol 1603024963983440247.html
GDP numbers: Data collection affected due to COVID-19 outbreak, says government

The GDP growth for FY2019-20 came in at 4.2 percent, against 6.1 percent in FY 2018-19.

29 May 00:00 Moneycontrol 1603024964002400698.html
Cane arrear reaches Rs 17,134 crore so far in 2019-20 season: Centre

Under the Sugarcane (Control) Order, 1966, sugar mills are required to make cane price payment to farmers within 14 days of supply of cane. If mills fail to make payment, they have to pay interest at the rate of 15 per cent per annum on amount due for the delayed period beyond 14 days.

29 May 00:00 Moneycontrol 1603024964005982595.html
Market-wide rollover remains strong, expect Nifty to move towards 10,000-10,200

Marketwide rollover is seen at 93 percent. Nifty rollover is at 76 percent as compared to 3-month average of 70 percent. Bank Nifty rollover is seen at 81 percent as compared to 3-month average of 71 percent.

29 May 00:00 Moneycontrol 1603024964021514611.html
Sundaram Finance posts Rs 131 crore net profit for March quarter

For the full 2019-20, the company registered a net profit of Rs 723.95 crore.

29 May 00:00 Moneycontrol 1603024964076490790.html
KEC International Q4 profit down 3% to Rs 193 crore

The global engineering, procurement and construction (EPC) major had clocked a profit of Rs 198.76 crore in January-March 2018-19, it said in a filing to BSE.

29 May 00:00 Moneycontrol 1603024964106778873.html
Muthoot Capital Q4 profit falls 40% to Rs 14 crore on auto sector woes

The company attributed the poor set of numbers primarily to the troubles in the auto industry arising from the switchover to BS-VI emission norms and also the disruptions caused by the COVID-19 pandemic in the last 15 days of the quarter.

29 May 00:00 Moneycontrol 1603024964194991243.html
Low Q4 growth telling commentary on economic mismanagement of BJP govt: Chidambaram

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

29 May 00:00 Moneycontrol 1603024964199471251.html
Crude futures slip nearly 5% on demand concerns; gain 86.61% in May

In the futures market, crude oil for June delivery touched an intraday high of Rs 2,530 and an intraday low of Rs 2,450 per barrel on MCX.

29 May 00:00 Moneycontrol 1603024964225120370.html
What changed for the market while you were sleeping? Top 10 things to know

Trends on SGX Nifty indicate a gap down opening for the index in India with a 101 points loss.

29 May 00:00 Moneycontrol 1603024964240548454.html
Exclusive | PE firm ChrysCapital to buy out Capital International's stake in Intas Pharmaceuticals

Capital International wanted to exit the firm because its parent Capital Group is looking to shift focus away from the private equity vertical.

29 May 00:00 Moneycontrol 1603024964256084651.html
US joins G7 artificial intelligence group to counter China

White House's chief technology officer, Michael Kratsios, told The Associated Press on Thursday it is important to establish shared democratic principles as a counter to China's record of

29 May 00:00 Moneycontrol 1603024964261284930.html
China's Geely raises $836 million from share sale

Hong Kong-based Geely has sold 600 million primary shares at the bottom of the HK$10.80-HK$11.20 ($1.39-$1.44) price range, or at a 7.85% discount to the last closing price of HK$11.72, according to its release.

29 May 00:00 Moneycontrol 1603024964265036310.html
Morgan Stanley not given advisory role on Aramco pipeline sale: Sources

The U.S. investment bank, which has previously advised the world's largest oil company, was originally looking to be part of the advisory group on any deal, the sources added.

29 May 00:00 Moneycontrol 1603024964297627877.html
Wall Street ends down in late selloff; Facebook and China weigh

The Dow Jones Industrial Average fell 147.63 points, or 0.58%, to 25,400.64, the S&P 500 lost 6.4 points, or 0.21%, to 3,029.73 and the Nasdaq Composite dropped 43.37 points, or 0.46%, to 9,368.99.

29 May 00:00 Moneycontrol 1603024964384515586.html
'It is still too early to say that it is the end of the SIP trend'

SIP flows have reduced for just about a month or two, during the last two months of the lockdown, but we cannot ignore that there have been genuine challenges on mobility.

29 May 00:00 Moneycontrol 1603024964446176725.html
India, US could strike a 'smaller' trade deal in the coming weeks: Indian envoy

Addressing the virtual West Coast Summit of US-India Strategic Partnership Forum (USISPF), Sandhu said that India's supply of antimalarial drug hydroxychloroquine (HCQ) to the US has given the two countries enough confidence and have played an important foundation.

29 May 00:00 Moneycontrol 1603024964460067268.html
Appreciate difficulties of PMC bank depositors on moratorium on withdrawals, Delhi HC to Centre, RBI

A bench of Chief Justice D N Patel and Justice Prateek Jalan said upon receipt of any representation from any individual or group of depositors in this regard,

29 May 00:00 Moneycontrol 1603024964461322308.html
HC asks Delhi govt to file detailed reply on pleas challenging levy of 70% 'special corona fees'

The Delhi government had earlier filed its response to the petitions, saying that trade or consumption of liquor is not a fundamental right of a citizen and the State has the authority to regulate its sale and levying 70 percent 'special corona fees' on MRP of all alcohol brands is a price for grant of such privilege to public.

29 May 00:00 Moneycontrol 1603024964482931341.html
COVID-19 pandemic: US consumer spending tumble in April

The Commerce Department said on Friday consumer spending, which accounts for more than two-thirds of U.S. economic activity, plunged 13.6 percent last month.

29 May 00:00 Moneycontrol 1603024964495244188.html
RBI imposes Rs 4 crore penalty on Citibank

In a release, RBI said the penalty has been imposed on Citibank NA for contravention of certain sections of the Banking Regulation Act and for non-compliance with directions.

29 May 00:00 Moneycontrol 1603024964563221500.html
Sagar Cements Q4 profit down 94% to Rs 1.18 crore

The Hyderabad-based company had posted a net profit of Rs 18.75 crore in January-March, 2018-19, Sagar Cements said in a BSE filing.

29 May 00:00 Moneycontrol 1603024964583721169.html
Buy Federal Bank; target of Rs 54: Emkay Global Financial

Emkay Global Financial is bullish on Federal Bank has recommended buy rating on the stock with a target price of Rs 54 in its research report dated May 28, 2020.

29 May 00:00 Moneycontrol 1603024964592382744.html
RIL Rights Entitlement shares ends at 7% premium over intrinsic value on May 29

The intrinsic value is the difference between Reliance Industries share price (Rs 1,460) and rights issue price (Rs 1,257).

29 May 00:00 Moneycontrol 1603024964607709284.html
IIFL Finance March Quarter profit plunges 81% to Rs 59 crore

The company, which is mainly engaged in financing and investment business, had logged a profit of Rs 305.89 crore in January-March, 2018-19.

29 May 00:00 Moneycontrol 1603024964641468384.html
Metropolis Healthcare Q4 net profit declines 56% to Rs 15.49 crore

The company had posted a net profit of Rs 34.84 crore for the corresponding period of the previous fiscal, Metropolis Healthcare said in a BSE filing.

29 May 00:00 Moneycontrol 1603024964687918827.html
Google mulling stake in VIL positive but inadequate to solve telcos' debt woes: Analysts

Acquisition of a controlling stake by an outsider or a sizable equity infusion by current promoters remains the need of the hour, Credit Suisse said in its latest note.

29 May 00:00 Moneycontrol 1603024964695329452.html
ITC Hotels partners with Swiggy to deliver food delicacies at customers' doorsteps

The move would enable ITC Hotels' customers to enjoy their pre-paid orders with 'no-contact' deliveries and have unique food experiences with local offerings from the regions at their home, said a joint statement.

29 May 00:00 Moneycontrol 1603024964705433630.html
Delhi HC restrains OLX, Quikr from posting fake Reliance job ads on web portals

Justice Mukta Gupta, in two separate interim orders, said RIL and Reliance Jio Infocomm Ltd have made out a prima facie case in their favour and in case no ad-interim injunction is granted they would suffer an irreparable loss and balance of convenience also lies in their favour.

29 May 00:00 Moneycontrol 1603024964741512890.html
Jubilant Life Sciences posts Rs 260.49 crore profit for March quarter

Consolidated revenue from operations stood at Rs 2,391.41 crore for the quarter under consideration as against Rs 2,385.58 crore for the same period year ago, it added.

29 May 00:00 Moneycontrol 1603024964746015071.html
Buy United Spirits; target of Rs 650: ICICI Direct

ICICI Direct is bullish on United Spirits has recommended buy rating on the stock with a target price of Rs 650 in its research report dated May 28, 2020.

29 May 00:00 Moneycontrol 1603024964811913889.html
BEST decides not to charge bus ticket fares from migrants

A BEST spokesperson said that the decision was taken as per the directives of the Supreme Court.

29 May 00:00 Moneycontrol 1603024964813045870.html
How important is Hong Kong to China as a free finance hub?

China still has extensive capital controls and often intervenes in its financial markets and banking system. Hong Kong is one of the world's most open economies and one of the biggest channels for equity and debt financing.

29 May 00:00 Moneycontrol 1603024964861033475.html
Indian rupee settles 14 paise higher at 75.62 against US dollar

Forex traders said investors are awaiting the country's gross domestic product data for the January-March quarter, due later in the day, for further cues.

29 May 00:00 Moneycontrol 1603024964885525730.html
Flight operations to return to pre-COVID-19 levels by Diwali: Hardeep Singh Puri

Domestic flight operations resumed in a staggered manner after a gap of two months on May 25.

29 May 00:00 Moneycontrol 1603024964918440600.html
Middle East rich most cautious after oil plunge, COVID-19 crisis: Barclays

Haider said risk sentiment was also down in Russia, another oil-rich economy, while appetite was subdued in India.

29 May 00:00 Moneycontrol 1603024964927788728.html
'Global growth worries, US-China tensions likely to keep crude prices choppy'

We may see choppy trade however general bias may be on the downside on global growth worries and US-China tensions.

29 May 00:00 Moneycontrol 1603024964931425372.html
Vodafone Idea not considering any proposal from Google

On May 28, it was reported that Google was looking to enter India's telecom market via a 5 percent stake purchase in Vodafone Idea.

29 May 00:00 Moneycontrol 1603024964936570175.html
Softbank-Bharti JV in talks for $500-$750 million fundraise: Report

Potential investors such as infra-focused private equity funds, sovereign wealth funds, global utilities and pension funds will be formally approached in the next weeks

29 May 00:00 Moneycontrol 1603024964948204005.html
Euro zone companies tap banks for cash to survive pandemic

Lending growth to non-financial corporations accelerated to 6.6 percent in April, its fastest rate in over 11 years, from 5.5 percent a month earlier, the data showed.

29 May 00:00 Moneycontrol 1603024964965808213.html
COVID-19 impact | Re-mobilisation of workforce at project sites an arduous task: Voltas

In its March quarter (Q4) results, the company posted a 12.7 percent year-on-year (YoY) growth in net profit at Rs 160 crore.

29 May 00:00 Moneycontrol 1603024964968119949.html
March quarter GDP growth to show drastic fall; brace for worse in Q1FY21 print

A note by ICICI Bank stated the country's March quarter GDP growth may come to 1.5 percent year-on-year (YoY).

29 May 00:00 Moneycontrol 1603024964984493095.html
Gold price dips marginally to Rs 46,929, silver gains

The gold/silver ratio currently stands at 96.89 to 1, which means the amount of silver required to buy one ounce of gold.

29 May 00:00 Moneycontrol 1603024965011700708.html
Buy Orient Cement target of Rs 65: Anand Rathi

Anand Rathi is bullish on Orient Cement has recommended buy rating on the stock with a target price of Rs 65 in its research report dated May 28, 2020.

29 May 00:00 Moneycontrol 1603024965022733509.html
Silver rises on improved industrial demand outlook, rise in US-China tensions

In the futures market, silver for July delivery touched an intraday high of Rs 48,868 and a low of Rs 48,452 per kg on the MCX.

29 May 00:00 Moneycontrol 1603024965026162659.html
Renault poised to announce 15,000 lay offs worldwide

Some 4,500 jobs would go in France, though largely through a voluntary departure plan and a retirement scheme, the CFDT's Franck Daout told Reuters on Thursday.

29 May 00:00 Moneycontrol 1603024965087732964.html
Special scheme to help rural industrial units in Tamil Nadu launched

The scheme, which is part of the State Rural Transformation Project, would cover about 1.39 lakh beneficiaries of whom 31,952 would get a long-term loan of Rs 159.76 crore.

29 May 00:00 Moneycontrol 1603024965095580717.html
Wipro's new CEO: Can foreign executives succeed in Indian IT firms?

Wipro's peers TCS and HCL Tech have always placed faith in long-timers.

29 May 00:00 Moneycontrol 1603024965112212963.html
Stick or twist? Investors face coronavirus-induced property dilemma

Property has long been a staple of a balanced investment portfolio, favoured by pension funds and insurers seeking assets that combine capital value growth offered by stocks with secure income akin to bonds.

29 May 00:00 Moneycontrol 1603024965131782534.html
Qatar Denies Gulf Bloc Exit Rumours On Third Year Of "Illegal Blockade"

Qatar denied on Thursday that it plans to quit the Gulf Cooperation Council as it prepares to mark three years of isolation led by the regional bloc's heavyweight Saudi Arabia.

29 May 02:38 NDTV.com 5090057682537137618.html
China To Ban Import Of Pigs From India Over African Swine Fever: Report

Citing concerns over African swine fever (ASF), China has announced that it will put a ban on imports of pigs, wild boar and related products from India.

29 May 02:27 NDTV.com 5090057682571126646.html
Rising US job losses stir fears of lasting economic damage

WASHINGTON — The coronavirus crisis threw at least 2.

29 May 02:09 KitchenerToday.com 52741008729696000.html
Rising US job losses stir fears of lasting economic damage

WASHINGTON — The coronavirus crisis threw at least 2.

29 May 02:09 KitchenerToday.com 52741009837174473.html
An economic Cold War was long coming

The US has always felt threatened by China’s rise. The Covid crisis has sharpened the conflict of economic interests

29 May 02:33 BusinessLine 5283601040109088.html
Senator sees US sticking to trade deal with China despite pandemic concerns

U.S. Senate Finance Committee Chairman Chuck Grassley on Thursday said he did not expect President Donald Trump to walk away from a Phase 1 trade ...

29 May 02:31 CNA 5644198862224243166.html
Renault poised to announce 15,000 layoffs worldwide: union

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

29 May 02:40 CNA 5644198862558315927.html
Talks on support for German car industry delayed: Bild

Closely-watched talks between top German politicians and car industry representatives to discuss support for a sector hit hard by the coronavirus ...

29 May 02:31 CNA 5644198863951887188.html
FDI inflows surge 18% in 2019-20 to record $74 billion

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

29 May 02:00 The Times of India 6060938663426073075.html
Russia’s Largest Bank, Sberbank, Calls on Suppliers to Provide 4,917 ATMs that come with Graphic Cards to Perform “Blockchain Operations”

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

29 May 02:11 Crowdfund Insider 6834688072213710405.html
Green Dot To Launch Mobile Banking For US Immigrants

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

29 May 02:00 PYMNTS.com 7357138826047727352.html
Mark Cuban lays out his plan to boost post-COVID economy: 'Give people checks that they have to spend'

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

29 May 02:07 Fox News 7362823820147151539.html
UN chief warns leaders pandemic may cause historic famine

The U.N. chief on Thursday warned the largest gathering of world leaders since the coronavirus pandemic began that it will cause “unimaginable devastation and suffering around the world,” with historic levels of hunger and famine and up to 1.6 billion people unable to earn a living.

29 May 02:22 Hawaii News Now 8225790205681050964.html
Does Centre have unfettered powers to impose conditions on states borrowing money?

States can now borrow 2% more funds as long as they meet certain conditions – including abiding by the ‘One Nation One Ration Card’ scheme.

29 May 02:00 Scroll.in 8669301692339111154.html
Singaporeans can expect to eat out, hit the gym, shop by end-June

Singaporeans can look forward to hitting the gym, eating out and shopping again when the second phase of the “circuit breaker” exit plan happens, which is expected to take place before June ends if COVID-19 transmissions remain low. 

29 May 02:45 Coconuts 8871564982259976813.html
Trump violating law by not updating budget, outside experts say

The WHite House decision not to update its budget estimates is against the law, an outside group that advocates for fiscal discipline said Thursday.

29 May 02:33 MarketWatch 8975941549726639775.html
Rony Abovitz confirms Magic Leap's new funding, will step down as CEO

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

29 May 02:35 Engadget 96641516207419634.html
Coronavirus crisis: Renault to lay off 150,000 employees globally

The overall cuts would affect just under 10% of Renault's 180,000 global workforce. The firm has around 48,500 staff in France

29 May 03:50 Business Today 1145527431237434548.html
Appliance, garment manufacturers, restaurants to be worst-impacted in FY21: CRISIL

Coronavirus impact: E-tail, according to the report will be an exception as e-grocers such as BigBasket and Grofers, online marketplaces such as Amazon and Flipkart have seen a surge in demand and delivering essential items

29 May 03:46 Business Today 1145527431741539298.html
Capgemini's top executive Thierry Delaporte is new Wipro CEO

Until recently, Thierry Delaporte was CEO of Capgemini Group and a member of its Group Executive Board. He held several leadership roles including that of CEO of Global Financial Services Strategic Business Unit, and head of all global service lines

29 May 03:45 Business Today 1145527432291867301.html
Indian Railways reinstates advance ticket reservation window to 120 days

According to a Railway Ministry spokesperson, the changes shall be implemented from 8 am of the train booking date of May 31 onwards

29 May 03:59 Business Today 1145527432491118082.html
Stocks to watch: RIL, Voda Idea, Wipro, Voltas, YES Bank, Cadila Healthcare

Here's a look at the top stocks that may remain in focus today

29 May 03:20 Business-Standard 1502508924747055624.html
Oil rises about 2% as higher US refinery rates offsets surprise crude build

US crude inventories rose 7.9 million barrels last week, exceeding expectations, due to a big increase in imports from Saudi Arabia, the Energy Information Administration (EIA) says

29 May 03:16 Business-Standard 1502508925338104246.html
COVID-19 impact: Get ready for a 15-20% cut in salary offers in UAE

Businesses in the UAE are definitely not in a generous mood when it comes to hiring

29 May 03:41 Gulf News 2086521543855337835.html
More central banks eye yield curve control. How does Japan's work?

TOKYO — The Bank of Japan’s yield curve control (YCC) is drawing attention from other central banks, including the U.

29 May 03:58 Financial Post 2379081492514356183.html
COVID-18 Watch: Hotels, airlines look for new revenue streams, hold on to cash to tide over liquidity crunch

Other steps like drastic cost control and a sharp reduction in future supply addition are also in the offing.

29 May 03:31 The Indian Express 2885715103847798970.html
Registrations at Delhi University may begin on June 8

As per the tentative schedule, the first cut-off list will be released on August 11.

29 May 03:47 The Indian Express 2885715105213772209.html
US says Chinese helped direct $3.7b to North Korea

The US has charged 28 North Koreans and five Chinese with facilitating more than $3.7 billion in illegal payments for Pyongyang's nuclear program.

29 May 03:13 Australian Financial Review 3974284487290532778.html
US layoffs climb to 41 million, despite business reopenings

An estimated 2.1 million Americans applied for unemployment benefits last week despite the gradual reopening of businesses around the country

29 May 03:00 Vanguard News 4125100339812248788.html
UK business morale deteriorates to 2008 low in May – Lloyds Bank

According to the latest survey conducted for Lloyds Bank, the UK business confidence hit its lowest since the 2008 Global Financial Crisis (GFC) due t

29 May 03:52 FXStreet 4480975639051351453.html
Hong Kong Govt: Removing US special status is 'double-edged sword'

Responding to Washington’s withdrawal of Hong Kong’s special US status, Hong Kong’s government warned late Thursday that such a move could be a “doubl

29 May 03:03 FXStreet 4480975639399136867.html
EUR/USD options market bias has flipped bullish, risk reversals show

On Thursday, EUR/USD one-month risk reversals (EUR1MRR) crossed above zero or flipped bullish to euro calls – the first positive reading since March 1

29 May 03:23 FXStreet 4480975639972696322.html
Russia Postpones BRICS Summit to Later Date

The summits of the BRICS (Brazil, Russia, India, China and South Africa) and Shanghai Cooperation Organization (SCO) member states have been postponed from July to a later date, due to the coronavirus pandemic, the Kremlin press service said on May 27. The Shanghai Cooperation Organization (SCO), established in 2001, brings together China, India, Kazakhstan, Kyrgyzstan, […]

29 May 03:00 Modern Diplomacy 4563921198277343822.html
Admission process to Polytechnics revamped

The Administrative Council (AC) which met here under the chairmanship of Lieutenant Governor, G C Murmu, approved the proposal of the Technical Education

29 May 03:30 Greater Kashmir 4662909091218242769.html
Transgenders to get Rs 1000 per month pension

The Administrative Council (AC) which met here under the chairmanship of Lieutenant Governor, G C Murmu, accorded sanction to the extension of coverage of

29 May 03:30 Greater Kashmir 4662909091862972706.html
Dutch trade minister candidate to head WTO, broadcaster says

AMSTERDAM — Dutch trade minister Sigrid Kaag is among the candidates to become the next director general of the World Trade Organisation (WTO), Dutch public broadcaster NOS reported, citing sources close to the matter.

29 May 07:08 National Post 4816958591518135663.html
VW spending $2.2B to expand in China's electric car market

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

29 May 07:58 Tech Xplore 4945708899343696713.html
Yogi Govt To Sign Pact With Industry Bodies To Provide Employment To 9.5 Lakh Workers Each Year

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

29 May 07:43 Swarajya 4977622828489669335.html
Indian Railways Provides Big Relief To Passengers: Starts Advance 120 Days Booking And Luggage, Parcel Service

In a major relief to passengers, the Indian Railways on Thursday (29 May) modified the rules for reservation in Special Rajdhani and Special mail and express type trains as it extended the advance reservation period from 30 days to 120 days.

29 May 07:52 Swarajya 4977622828780138759.html
India, US could strike a ‘smaller’ trade deal in the coming weeks: Indian envoy

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

29 May 07:10 TechGenyz 5378425016004523179.html
Exclusive: Argentina says new debt revamp proposal in right direction, still falls short

Argentina's economy minister said on Friday that a newly received debt restructuring proposal from two creditor groups was a step in the right ...

29 May 07:55 CNA 5644198862618968035.html
Renault to cut 15,000 jobs in US$2.2b cost cutting plan

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

29 May 07:13 CNA 5644198863133049479.html
Sainsbury's new boss Roberts faces unexpected in-tray

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

29 May 07:15 CNA 5644198864114016770.html
The Time For The Soybean Bull Market Has Not Come Yet

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

29 May 07:32 Seeking Alpha 5725634557958429161.html
Hostel owner Safestay positive it can welcome back guests under new plans

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

29 May 07:47 independent 5894610844923098472.html
Property investor IPUT increases revolving credit facility by €50m

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

29 May 07:36 independent 5894610845267568909.html
Dissident Chinese artist warns of hidden cost of Beijing's Belt and Road deal

One of China’s most prolific and well-known political cartoonists warns the Victorian Premier over Beijing's signature policy.

29 May 07:39 WAtoday 6806590899286044157.html
'What's More Important? Cricket or Dealing With Coronavirus?' - BCCI, ICC in Heated Dispute Over Tax Exemption

If BCCI fails to secure the tax exemption, ICC has reportedly threatened to take away the hosting rights for the marquee event from India.

29 May 07:45 India News, Breaking News, Entertainment News | India.com 7150386083779438639.html
Restaurants at 50% Capacity, Opening of Gyms: Goa CM Seeks Relaxations For Lockdown 5.0

Pramod Sawant also said that he feels that the ongoing nationwide lockdown will be extended by 15 more days.

29 May 07:59 India News, Breaking News, Entertainment News | India.com 7150386083789351692.html
UPS Adds Peak Delivery Surcharge To Manage eCommerce Demand Amid Pandemic

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

29 May 07:01 PYMNTS.com 7357138826575622443.html
French carmaker Renault announces 15,000 job cuts worldwide

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

29 May 07:50 The Economic Times 7653256037411750161.html
India, US could strike a 'smaller' trade deal in the coming weeks: Indian envoy

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

29 May 07:06 The Economic Times 7653256037824296285.html
India may see a trade surplus after 10-12 years; to keep currency stable: Prashant Jain

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

29 May 07:17 The Economic Times 7653256037890883673.html
We’ll probably lose 1-2 years of our economic life to Covid: Indranil Sengupta

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

29 May 07:26 The Economic Times 7653256038006586449.html
Proposed USCIS furlough could impact tech firms

Following the national lockdown which was announced in the US about two months ago, application and petition receipts have dropped to half, impacting the ability of the agency to continue to function effectively. The USCIS relies primarily on income from visa processing to keep itself running.

29 May 07:39 The Economic Times 7653256038215685807.html
Dissident Chinese artist warns of hidden cost of Beijing's Belt and Road deal

One of China’s most prolific and well-known political cartoonists warns the Victorian Premier over Beijing's signature policy.

29 May 07:39 The Age 7967730561820782077.html
Renault to cut 14,600 jobs worldwide and lower capacity

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

29 May 07:56 The Irish Times 8204772967574399179.html
Ardagh to repay debt as it raises $715m in bond sale

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

29 May 07:36 The Irish Times 8204772968903832020.html
Travel disruptions, cost cutting key issues for U.S. business in China: report

BEIJING (Reuters) - Global travel disruptions are the top concern for American businesses in China, of which many are cutting compensation and bonuses amid the fallout of the COVID-19 epidemic, according to a report from a business group.

29 May 07:43 Reuters 8334514180610050777.html
Taiwan analog IC firms to post revenue growth in 2020

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

29 May 07:01 DIGITIMES 8411283748667658889.html
Chassis specialist Ju Teng upbeats about 3Q20 orders

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

29 May 07:21 DIGITIMES 8411283748679831029.html
Foxsemicon to enjoy revenue growth in 2020

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

29 May 07:29 DIGITIMES 8411283748997841361.html
Pandemic hit to Japan's factory, retail sectors deeper than expected; jobless rate up to 2.6%

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

29 May 07:01 Japan Today 8582716285833130696.html
Tokyo shares snap 4-day winning streak amid U.S.-China tensions

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

29 May 07:00 Japan Today 8582716286508229010.html
ACT govt rules out business loans and grants, hospitality package welcomed

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

29 May 07:30 The Canberra Times 8662394328659434811.html
Robinhood Names Surabhi Gupta as VP of Engineering

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

29 May 07:13 Finance Magnates 8992138266097696111.html
Breaking: SC of The Bahamas to Implement Massive Regulatory Changes

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

29 May 07:30 Finance Magnates 8992138266332190382.html
USD/CAD holds steady, up little around 1.3770 amid weaker oil prices

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

29 May 08:23 FXStreet 4480975639984986773.html
Cricket Australia says 'very high risk' of T20 World Cup being postponed, bracing up for losses

The ICC has deferred a decision on the event till June 10, saying it wants to continue exploring contingency plans for some more time.

29 May 08:39 The New Indian Express 4718288654653040264.html
Relief for Cyrus Mistry; SC agrees to hear plea on Pallonji Group’s representation on Tata Sons board

The plea seeks representation on Tata Group's board proportionate to 18.4 percent holding of Pallonji Group

29 May 08:50 Firstpost 4760741712256956515.html
Madras High Court issues notices to Franklin Templeton Mutual Fund, SEBI: Investors group

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

29 May 08:15 Firstpost 4760741712337206522.html
USMCA poised for star turn and protests in Minneapolis; In The News for May 29

In The News is a roundup of stories from The Canadian Press designed to kickstart your day. Here is what’s on the radar of our editors for the morning of May 29 …—COVID-19 in Canada …The federal government is pumping millions more into helping remote and rural Indigenous communities cope with the COVID-19 crisis.

29 May 08:30 National Post 4816958590432588361.html
Renault to cut 15,000 jobs in 'vital' cost-cutting plan

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

29 May 08:04 Tech Xplore 4945708898730161403.html
Tesla performance opens door to Elon Musk payday

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

29 May 08:08 Tech Xplore 4945708899180989357.html
Migrants To Get Cash In Hand, Government Has Not Ruled Out Poor: Sources

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

29 May 08:14 NDTV.com 5090057681787653772.html
StatCan expected to report GDP down nine per cent in March, 10 per cent in Q1

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

29 May 08:00 KitchenerToday.com 52741009447194527.html
Wipro appoints Thierry Delaporte as CEO & Managing Director

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

29 May 08:44 BusinessLine 5283600313163776.html
Nifty 50 June Futures (9,404)

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

29 May 08:33 BusinessLine 5283600441081718.html
Lockdown 4.0: Parents stock up on kidswear with easing of norms

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

29 May 08:36 BusinessLine 5283601238843284.html
Video | Cement companies report concrete gains despite weak volumes in Q4

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

29 May 08:38 BusinessLine 5283601367059212.html
French carmaker Renault announces 15,000 job cuts worldwide

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

29 May 08:01 TechGenyz 5378425015846222589.html
US-China tension to push Asian shares lower in choppy trade

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

29 May 08:05 CNA 5644198862835007287.html
VIXM: Here's Why It Is Likely Going To Keep Dropping

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

29 May 08:42 Seeking Alpha 5725634557535708892.html
Stocks To Buy In A Post-Pandemic World

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

29 May 08:58 Seeking Alpha 5725634558096832438.html
JobKeeper could be extended, says Peter Dutton

Home Affairs Minister Peter Dutton has confirmed the government is willing to be flexible with the end date for JobKeeper wage subsidies.

29 May 08:57 The New Daily 5848147786339287758.html
Starling Bank raises £40m as it lends to virus-hit small businesses

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

29 May 08:56 independent 5894610846122194672.html
Renault announces 15,000 job cuts worldwide

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

29 May 08:16 Jersey Evening Post 6141642773773034490.html
PSA Forum returns on June 2

The two-part, Tuesday session will have two of the country’s top sports officials in Philippine Sports Commission (PSC) Chairman William ‘Butch’ Ramirez and Philippine Olympic Committee (POC) President Abraham ‘Bambol’ Tolentino taking their turn discussing the current and future state of Philippine sports amid the global pandemic.

29 May 08:15 Journal Online 6375127392804415429.html
Pag-IBIG Fund sets P10B construction fund to build more homes, boost economy

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

29 May 08:55 Journal Online 6375127393437352152.html
Build, Build. Build projects resume

THE Department of Public Works and Highways announced that infrastructure projects under the government’s Build, Build, Build Program in various places nationwide have recommenced, which will fuel government’s bounce back plan to help the economy recover quickly.

29 May 08:21 Journal Online 6375127393841929985.html
Federal Pacific: Power equipment endorsed by Carroll Technologies

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

29 May 08:53 Mining Technology 639193376254818903.html
Thierry Delaporte as CEO to help Wipro with new ideas, global presence: Analysts

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

29 May 08:03 Livemint 6614605818012450478.html
UK D10 plan to provide alternatives to Huawei

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

29 May 08:36 Electronics Weekly.com 6636672080552551870.html
Japan factory output and retail sales slump as pandemic hits autos

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

29 May 08:26 The Japan Times 6673764366982786695.html
Tokyo nears phase two of virus recovery plan as Osaka to fully reopen

As business-minded Osaka prepares to go full bore with Tokyo trailing close behind, infections continue to fluctuate in the capital.

29 May 08:23 The Japan Times 6673764367656275179.html
Reopen Koyambedu market with safety regulations in place, traders’ associations say

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

29 May 08:57 The Hindu 6679535025819966577.html
Rupee settles 14 paise higher at 75.62 against US dollar

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

29 May 08:57 The Hindu 6679535026352466082.html
No cash can repay the debt from this base politics

No cash can repay the debt from this base politics.

29 May 08:57 WAtoday 6806590899147460873.html
Williams set to sell Formula One team

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

29 May 08:58 WAtoday 6806590900126211267.html
JobKeeper buck stops with Treasury boss

Steven Kennedy is ultimately responsible for the biggest policy costing discrepancy in Australian history.

29 May 08:00 WAtoday 6806590900458968542.html
The close: TSX ends lower, crude has best month on record

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

29 May 08:53 The Globe and Mail 68426410920224595.html
China plans to extend curbs on international flights till June 30: US embassy

China has drastically cut such flights since March to allay concerns over infections brought by arriving passengers. A so-called “Five One” policy allows mainland carriers to fly just one flight a week on one route to any country and foreign airlines to operate just one flight a week to China.

29 May 08:57 Hindustan Times 696565557219422375.html
Sanwo-olu promises Lagosians affordable houses

Lagos State Governor Mr Babajide Olusola Sanwo-Olu on Thursday promised that his administration will build affordable and accessible houses for Lagosians.

29 May 08:59 The Guardian 7580308505179287242.html
K'taka govt notifies ordinance, BDA to legalise unauthorised constructions in Bengaluru

The BDA will levy a penal fee in return for regularisation. These are plots either owned by residents themselves or bought from someone after the BDA notified them for acquisition during the formation of layouts.

29 May 08:33 The Economic Times 7653256036654220702.html
How important is Hong Kong to China as a free finance hub?

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

29 May 08:15 The Economic Times 7653256037791915878.html
Decision to open shops in malls soon after taking into account health ministry's guidelines

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

29 May 08:57 The Economic Times 7653256038309195839.html
BI sees rupiah strengthening to pre-pandemic level as it intervenes in market

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

29 May 08:53 The Jakarta Post 7678601104198145658.html
Williams reveals it is for sale

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

29 May 08:33 Sports Mole 7750663361929209725.html
Nissan will focus on Japan, China and North America, to discontinue production in Indonesia and Spain

Datsun brand will be withdrawing its operations from Russia

29 May 08:09 OVERDRIVE 7781473803694672399.html
No cash can repay the debt from this base politics

No cash can repay the debt from this base politics.

29 May 08:57 The Age 7967730561682198793.html
JobKeeper buck stops with Treasury boss

Steven Kennedy is ultimately responsible for the biggest policy costing discrepancy in Australian history.

29 May 08:00 The Age 7967730562993706462.html
Explainer: How important is Hong Kong to China as a free finance hub?

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

29 May 08:32 Reuters 8334514179850264376.html
China to restrict expansion of solar equipment producers

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

29 May 08:52 Reuters 8334514180465172733.html
Clark Airport upbeat on new leadership

The recent appointment of former Philippine Drug Enforcement Agency chief Aaron Aquino as the new president of the Clark International Airport Corp. is a “positive step towards further strengthening the agency’s capacity to develop the civil aviation complex,” Joshua Bingcang, outgoing officer-in-charge of CIAC, said Friday.

29 May 20:50 manilastandard.net 4715274785434588826.html
Can appreciate limits on airfares as it is a 'very very short term' measure: AirAsia India CEO

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

29 May 20:58 The New Indian Express 4718288654443748646.html
TRAI Moots "0" Prefix For Fixed-To-Mobile Calls To Create Numbering Space

Regulator TRAI on Friday said migration to a unified numbering scheme for fixed line and mobile services is not required for now and that sufficient numbering space can be created by various methods, including prefixing "0" for all fixed-to-mobile calls.

29 May 20:25 NDTV.com 5090057680740561922.html
Samsung Exclusive Stores in India are Now Suraksha-Certified for COVID-19 Pandemic - Gizchina.com

Samsung has now undergone Suraksha training program for its Exclusive Stores in India. This means that all stores will follow safety and hygiene guidelines.

29 May 20:14 Gizchina 5392375275506433695.html
Implementation of new framework for taxi, ride-hailing companies pushed back to October

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

29 May 20:43 CNA 5644198862467749059.html
Renault staying in Formula One: Interim CEO

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

29 May 20:01 CNA 5644198863051078481.html
The L In L-Shaped Recovery Stands For Long

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

29 May 20:00 Seeking Alpha 5725634556029427934.html
Tata Motors Trading Near All-Time Low Ahead Of Earnings

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

29 May 20:34 Seeking Alpha 5725634557159079551.html
Screening For Growth Leaders With Outstanding Profitability

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

29 May 20:14 Seeking Alpha 5725634557506898513.html
Abdul Aleem Khan dismisses flour price increase by Mills Association

Pakistan Flour Mills Association had increased the price of flour by Rs 120

29 May 20:59 Dunya News 5863268919120319601.html
Sara Hay appointed Wellington City Council's new chief financial officer

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

29 May 20:19 www.voxy.co.nz 6138926315448707651.html
Donald Trump announces probe of Chinese companies listed in US

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

29 May 20:44 Livemint 6614605818351414735.html
Top Labour donor 'ready to inject fresh cash' under Keir Starmer's leadership

EXCLUSIVE: John Mills told the Mirror he could open his chequebook again now Jeremy Corbyn has gone

29 May 20:00 mirror 675785260916047789.html
Williams considers selling F1 team after £13m loss

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

29 May 20:34 Sport 682566036003891032.html
Stocks rebound after Trump pulls his punches on China

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

29 May 20:33 Ft 707176889857165095.html
Trump announces probe of Chinese companies listed in US

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

29 May 20:10 Yahoo 7097669638696762159.html
Major Crypto Assets Are Preparing For Powerful Volatility Against Bitcoin

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

29 May 20:00 NewsBTC 7232133511057648970.html
Google Withdraws Offers To More Than 2,000 Contract Workers

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

29 May 20:01 PYMNTS.com 7357138824916517834.html
First post-lockdown flight departs Europe for China

A first charter flight carrying Europeans to China following weeks of lockdown departed Germany's biggest hub Frankfurt late Friday

29 May 20:17 The Guardian 7580308503809945681.html
Intelsat asks bankruptcy court to clear roadblock for Spaceflight launch business sale

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

29 May 20:28 SpaceNews 7631243600134499688.html
DOJ sets new conditions for CPI’s acquisition of General Dynamics’ satellite antenna business

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

29 May 20:42 SpaceNews 7631243600942002854.html
Centre's Rs 20 lakh crore package is bogus: CPI-ML New Democracy leader Akula Papaiah

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

29 May 20:23 The Hans India 817019414346939731.html
Trump administration to study ways to protect for U.S. investors from Chinese firms

WASHINGTON (Reuters) - The Trump administration will study ways to safeguard Americans from the risks of investing in Chinese companies, U.S. president Donald Trump said on Friday, ratcheting up pressure on the firms to comply with U.S. accounting and disclosure rules.

29 May 20:24 Reuters 8334514180161738029.html
Stocks rebound on relief at Trump's response to China over Hong Kong

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

29 May 20:48 Reuters 8334514180832181129.html
Chilean regulator approves Uber's purchase of Cornershop grocery app

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

29 May 20:52 Reuters 8334514181656216977.html
French carmaker Renault announces 15,000 job cuts worldwide

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

29 May 20:01 Japan Today 8582716286566458377.html
UK helps employers with slow phase-in of job shield costs

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

29 May 20:00 Japan Today 8582716286591657638.html
Ghana Have Factories: African Nation Bans Importation of Old Cars

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

29 May 20:33 The Truth About Cars 8594295343055912735.html
S&P 500, Nasdaq rally to close week higher as Trump’s actions against China seen not as disruptive as feared

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

29 May 20:34 MarketWatch 8975941548720726813.html
Amazon prepares Summer Sale to win back lost customers

With Prime Day reportedly delayed, the e-commerce giant might still flog some bargains soon

29 May 01:01 Tech Advisor 6450858317624653538.html
North American Fintech Firms have Better Access to Regulatory Sandboxes because of United-States-Mexico-Canada Free Trade Agreement: Report

More than $30 billion worth of transactions a year are carried out via the US-Mexico remittance corridor, which is notably one of the world’s largest cross-bo

29 May 01:35 Crowdfund Insider 6834688074062562959.html
UN chief warns leaders pandemic may cause historic famine

Secretary-General Antonio Guterres warns up to 1.6 billion people may be unable to earn a living unless action taken now

29 May 01:03 The Globe and Mail 68426411767805667.html
Ukraine's chief banker: Most of problems on labor market unrelated to COVID-19

The second cause is low productivity.

29 May 01:58 UNIAN 6863008971272374663.html
CBA: Huge fiscal stimulus props up household income

Gareth Aird, head of Australian economics at CBA, has published research on the extent to which household impacts have been supported by the federal government’s stimulus:

29 May 01:30 MacroBusiness 6890797928691591697.html
Federal Reserve adds just $1bn of new corporate debt to balance sheet

Only modest use made of US central bank’s emergency lending facilities in the past week

29 May 01:08 Ft 707176889485937234.html
Derivatives Data Shows That Even After 150% Rally, Bitcoin Is Far From Topping Out

Over the past few weeks, analysts have said Bitcoin is finally finding a local top.

29 May 01:00 NewsBTC 7232133511597096872.html
Investors could look at top-rated company FDs as options shrink

The highest interest rate offered by SBI is 5.4 per cent after the 40-basis point cut.

29 May 01:59 The Economic Times 7653256036413260619.html
Paytm Mall in talks for Grofers stake as SoftBank pushes for consolidation

Online retailer Paytm Mall has held talks with e-grocer Grofers for a potential investment, multiple people in the know told ET, adding that the ongoing discussions may even lead to a merger.

29 May 01:53 The Economic Times 7653256037664384937.html
Ford government signs agreement with York Region to extend subway line

A major step forward for the Yonge North Subway Extension.

29 May 01:12 680News 8014034333487710272.html
The TV commercial, once advertising’s main event, suffers in the pandemic

Before the coronavirus pandemic, the TV networks were expecting a strong 2020. The presidential election and Tokyo Olympics would keep people watching, and companies would spend more than usual on commercial time.

29 May 01:48 Bdnews24 8119004130258470714.html
Rent Arrears Cases Almost Tripled During Pandemic

Three times as many people are reporting rent arrears during the pandemic.

29 May 01:18 SPIN South West 8165439734715533078.html
BookMyShow lays off, furloughs 270 employees

Online ticket booking platform BookMyShow has laid off or furloughed 270 employees as it expects its revenue to be "greatly reduced" in the coming months, hit by the COVID-19 pandemic and lockdown.

29 May 01:19 Free Press Journal 9080771788600285577.html
Smiley Monroe resumes production at reduced capacity

LISBURN manufacturer Smiley Munroe, which makes heavy-duty conveyor belts and custom-cut rubber parts, has resumed production at a reduced capacity after a two-month covid-enforced temporary closure.

29 May 01:00 The Irish News 993065286146990.html
Number of FDI projects in Northern Ireland fell last year, but report finds US investors largely unfazed by Brexit

THE number of foreign direct projects in Northern Ireland fell by 15 per cent last year, but a new survey from EY suggests overseas investment should remain relatively resilient despite the impact from coronavirus.

29 May 01:00 The Irish News 993066134803055.html
Fears for Belfast airport jobs as easyJet confirms major cull of staff

DOZENS of airline staff could be axed at Belfast International Airport as part of a cull by easyJet as it struggles with a collapse in air travel caused by the virus pandemic.

29 May 01:00 The Irish News 993066861816884.html
Book your hotel room... But check in whenever

HOSPITALITY chiefs claim the Executive's decision to allow hotels in the north to take advance bookings "at risk" from June 8 but with no definitive dates is "causing confusion - and could lead to job losses on a massive scale".

29 May 01:00 The Irish News 993067291084306.html
Nifty view & stock calls by Nilesh Jain of Anand Rathi: Buy Titan, HCL Tech

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

29 May 02:21 Business-Standard 1502508925377764465.html
Outlook & trading strategies for Silver, crude oil by Tradebulls Securities

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

29 May 02:36 Business-Standard 1502508925761420466.html
UN chief warns leaders pandemic may cause historic famine

The U.N. chief on Thursday warned the largest gathering of world leaders since the coronavirus pandemic began that it will cause “unimaginable devastation and suffering around the world,” with historic levels of hunger and famine and up to 1.6 billion people unable to earn a living.

29 May 02:22 NewsChannel 10 1537185524782048596.html
Renault To Cut Nearly 15,000 Jobs, Alpine A110 Future In Doubt

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

29 May 02:38 Motor1.com 1648269241399631840.html
PARTLY FALSE: First Philippine Holdings 'made P24.6B profit, but only paid P10M income tax'

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

29 May 02:45 Rappler 1882105643383652025.html
Consumer confidence lifts in May but still at record lows - bank survey

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

29 May 02:00 Newshub 2131266986620812823.html
Nissan Shares Fall as Turnaround Spending Leads to Massive Loss

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

29 May 02:17 Daily Maverick 2373996787902850690.html
Dollar bides time, yuan falls before Trump takes stage on China

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

29 May 02:08 Financial Post 2379081492604326757.html
Tam: NHL proposal being 'reviewed,' mandatory quarantine remains in place

Canada's top health official says proposals are being reviewed from sports leagues looking to resume play -- including the NHL -- but the mandatory 14-day quarantine for people entering the country remains in place for now.

29 May 02:04 CTVNews 2422791597913382992.html
Aimia vows to fight Air Canada's court move to halt upcoming merger

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

29 May 02:59 CTVNews 2422791598901699256.html
Sanwo-Olu assures Lagosians of affordable housing

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

29 May 02:34 Latest Nigeria News, Nigerian Newspapers, Politics 2658445900085340590.html
Global stocks slip as markets await Trump's HK response

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

29 May 02:51 Malaymail 302165936440667508.html
Traditional owners score big win over Fortescue

Andrew Forrest's Fortescue Metals Group faces huge compensation claim after High Court rebuff.

29 May 02:44 Australian Financial Review 3974284486837554018.html
Traditional owners score big win over Fortescue

Andrew Forrest's Fortescue Metals Group facesa huge compensation claim after High Court rebuff.

29 May 02:44 Australian Financial Review 3974284487312197209.html
Costa Group CEO Harry Debney to bow out

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

29 May 02:34 Australian Financial Review 3974284487429636303.html
UN chief warns leaders pandemic may cause historic famine

The U.N. chief on Thursday warned the largest gathering of world leaders since the coronavirus pandemic began that it will cause “unimaginable devastation and suffering around the world,” with historic levels of hunger and famine and up to 1.6 billion people unable to earn a living unless action is taken now.

29 May 02:21 WVLT 4089046911177131206.html
Transport fare rises despite drop in petrol price in April

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

29 May 02:55 Vanguard News 4125100339352999706.html
Group faults removal of Mohammed as TCN MD

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

29 May 02:57 Vanguard News 4125100339546295899.html
Sanwo-Olu urged to avert post COVID-19 food crisis

The Lagos State, Governor Babajide Sanwo-Olu has been  urged to pay more attention to agriculture to avert  food crisis in the  Stat

29 May 02:51 Vanguard News 4125100340387356374.html
Lockdown impact: Economy seen slowing rapidly in March qtr, with worse to come

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

29 May 02:48 India Today 4286117813347177802.html
WTI Price Analysis: Oil eyes record monthly surge

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

29 May 02:52 FXStreet 4480975638205860597.html
AUD/USD: Bulls and bears jostle above 0.6600 amid risk-off sentiment

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

29 May 02:21 FXStreet 4480975638289456668.html
USD/CNH struggles to hold near to 7.20, bearish bets of weaker dollar play out

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

29 May 02:00 FXStreet 4480975639034592993.html
NZ FinMin Robertson: Economy is opening up and improving

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

29 May 02:05 FXStreet 4480975640158027202.html
East Tender expects increasing 5G optical filter shipments in 2H20

Thin-film optical filter maker East Tender Optoelectronics has seen its shipments begin gaining momentum in the second quarter of 2020 and expects its revenues to grow quarter by quarter in the second half of the year.

29 May 08:13 DIGITIMES 8411283748264693665.html
IPC maker DFI to deepen deployments in AIoT, 5G

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

29 May 08:06 DIGITIMES 8411283749040531399.html
European stocks fall on rising U.S.-China tensions

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

29 May 08:10 MarketWatch 8975941549186919483.html
MaiCapital Launches Bitcoin-Based Quant Fund

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

29 May 08:55 Finance Magnates 8992138266093605484.html
Sberbank Forms Swiss Entity for Physical Commodities Trading

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

29 May 08:13 Finance Magnates 8992138266343191228.html
CEO Williams: "Do consider selling the entire company"

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

29 May 08:58 GPblog.com 9117728198371150692.html
Nissan tight-lipped about strategy for Africa as it ‘transforms’

After announcing R3bn investment in its Rosslyn plant for the new Navara pickup last year.

29 May 09:30 Moneyweb 1092550947548436632.html
No need to feel threatened by e-commerce firms: Goyal tells traders

Lockdown 5.0: Union Commerce Minister also stated the Aatmanirbhar Bharat package that provided credit guarantee worth Rs 3 lakh crore for MSMEs also included traders

29 May 09:57 Business Today 1145527430690098165.html
Coronavirus: China mulls extending restrictions on international flights until June 30

The U.S. Transportation Department said in an order published on a U.S. government website that Delta Air Lines and United Airlines want to resume flights to China in June

29 May 09:01 Business Today 1145527431319923827.html
Coronavirus effect: UK car production likely to drop to lowest level in decades

Full-year production could fall to as low as around 870,000 vehicles, according to a forecast by AutoAnalysis for the SMMT, far below a recent nadir of 999,460 cars in 2009, during the financial crisis

29 May 09:13 Business Today 1145527431642068569.html
Stocks in focus: Vodafone Idea, RIL, Yes Bank, Voltas, Bank of India to remain in action

KEC, Lemon Tree, Equitas Holdings, Jubilant Life Sciences, Procter & Gamble Healthcare, Voltas, Dilip Buildcon and V-Mart Retail are among 31 companies which are scheduled to announce their March quarter earnings today.

29 May 09:00 The Financial Express 1288289580548996909.html
BookMyShow cost-cutting to hit 270 employees

Members of the workforce who have been put on furlough will continue to remain employed with the company and will be eligible for all medical insurance, gratuity and other benefits.

29 May 09:00 The Financial Express 1288289580562962985.html
Robodebt: government to refund 470,000 unlawful Centrelink debts worth $721m

Debts raised under the Coalition’s unlawful income-averaging scheme will start to be repaid in July

29 May 09:55 the Guardian 1491978794806854050.html
British Airways may outsource work of 450 redundant employees

Exclusive: airline’s proposals also include closing operation at Heathrow Terminal 3

29 May 09:27 the Guardian 1491978795586729929.html
An economic turning point for Europe?

The coronavirus may finally shock the continent out of its austerity mindset

29 May 09:50 The Week 149215355686762931.html
India, US could strike a 'smaller' trade deal in coming weeks: Indian envoy

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

29 May 09:54 Business-Standard 1502508925035428504.html
No proposal before board now, says Voda Idea on Google picking stake in co

The clarification to the BSE by Vodafone Idea comes a day after reports that Alphabet Inc's Google is eyeing about 5% stake in the telecom company.

29 May 09:48 Business-Standard 1502508925815974829.html
Merger of three state-owned general insurers on back burner due to Covid-19

Notably, the boards of the three firms had approved the merger in January and had appointed management consultant firm EY to chalk the road map for the exercise last year

29 May 09:49 Business-Standard 1502508925930904752.html
Indian banks' asset quality pressure may last for at least 2 years: Fitch

Fitch estimates that the impact on impaired loan ratios could be anywhere between 200 to 600 basis points depending on the severity of stress and banks' individual risk exposures.

29 May 09:24 Business-Standard 1502508926106260615.html
India-dedicated funds attract zero investments in April due to Covid-19

This is the first time since August 2016 that a month has reported nil fundraising in India-dedicated schemes

29 May 09:30 Business-Standard 1502508926401048530.html
Tea companies fear losing lucrative Chinese market over border conflict

Over the past five years, China emerged as the third largest importer of Indian tea as demand for the black variety has been soaring there

29 May 09:37 Business-Standard 1502508926663008228.html
Google's interest positive but may not help solve Voda Idea's debt woes

Acquisition of a controlling stake by an outsider or a sizable equity infusion by current promoters remains the need of the hour, Credit Suisse said in its latest note

29 May 09:19 Business-Standard 1502508926692103668.html
IDC: Hearables market sees growth, but smartwatch sales decline in Q1 2020

The first quarter of 2020 had the wearables market see a significant growth despite the ongoing Coronavirus pandemic. According to an IDC report, the hearables market has seen impressive growth during this time of crisis, while smartwatches and fitness trackers have seen a decline in sales. The hearables category includes all the headphones, earphones earbuds, …

29 May 09:31 Gizmochina 1751854814886488222.html
Virgin Media high street stores won't reopen after lockdown

Virgin Media shifts from high street to online.

29 May 09:48 TechRadar 2111116914696751616.html
Starling Bank boosts its support for small and medium-sized businesses

Starling Bank is continuing to beef up its B2B banking and payments services following a fresh round of investment.

29 May 09:47 TechRadar 2111116915022925038.html
The Smartest Stocks to Invest $2,500 Into Right Now

Your pocketbook will thank you if you hang onto these quality companies for the long term.

29 May 09:51 The Motley Fool 2231313657817413116.html
Iran says it will continue nuclear work despite U.S. sanctions

Iran said Friday its experts would continue nuclear development activities, despite sanctions imposed earlier this week on their fellow scientists by the United States.

29 May 09:10 CTVNews 2422791598786416524.html
City Power warns of possible load rotation

On Thursday, Johannesburg's City Power announced that they may need to impose daily “load rotation” in some areas where electricity infrastructure is overloaded.

29 May 09:56 ESI-Africa.com 2679729877177405550.html
Nigeria: FG pushes conclusion of the electricity deal with Siemens

President Buhari has instructed commencement of the next phase of the Siemens contract to upgrade the dilapidated electricity supply industry in Nigeria.

29 May 09:47 ESI-Africa.com 2679729878126559313.html
Gold price flat ahead of Trump’s Hong Kong response

Spot gold was unchanged at $1,718.60 per ounce by 0616 GMT. US gold futures rose 0.2% to $1,716.50.

29 May 09:50 The Indian Express 2885715105093834215.html
Oil falls but set to post biggest monthly rise in years on output cuts

Brent crude slipped 43 cents, or 1.2%, to $34.86 a barrel by 0643 GMT and US West Texas Intermediate (WTI) crude was at $33.14 a barrel, down 57 cents, or 1.7%.

29 May 09:08 The Indian Express 2885715105537480492.html
Equities drop as Trump lines up China response

HONG KONG, May 29 — Equities mostly fell today after Donald Trump called a news conference for later in the day to outline his response to China’s plan to crack down on Hong Kong, which many fear could further increase tensions between the superpowers. The losses were being tempered, however,...

29 May 09:17 Malaymail 302165934650455768.html
Eurozone inflation slumps to 0.1pc in May

BRUSSELS, May 29 — Inflation in the eurozone single currency area dropped to 0.1 per cent in May from 0.3 per cent in April, the official Eurostat agency said today. The drop in prices comes as Europe entered its sharpest recession in EU history because of the lockdowns brought on by the Covid-19...

29 May 09:26 Malaymail 302165934982760438.html
Delay in financial aid to SMEs will be resolved in two months, says Wan Junaidi

KUCHING, May 29 — The Entrepreneur Development and Cooperatives Ministry expects the delay in the disbursement of financial assistance for Covid-19-affected small and medium enterprises (SMEs) in Sarawak to be resolved within two months. Its minister, Datuk Seri Wan Junaidi Tuanku Jaafar,...

29 May 09:18 Malaymail 302165936020806026.html
China plans to extend curbs on international flights until June 30, says US embassy

BEIJING, May 29 — Chinese civil aviation authorities plan to extend until June 30 their curbs on international flights to contain the spread of the coronavirus, the US embassy in Beijing said in a travel advisory today. China has drastically cut such flights since March to allay concerns over...

29 May 09:09 Malaymail 302165936069750636.html
Here are 7 of the top chart patterns used by technical analysts to buy stocks

Technical analysts believe that stock prices often trade in patterns, as the motivating driver behind the movement of stocks is humans, and ...

29 May 09:06 Business Insider 3364799147448661328.html
Young’s says it expects ‘lower sales’ when customers return to pubs

The London-based pub company said it will not pay shareholders a dividend for the past year.

29 May 09:23 Shropshire Star 3480199993001082902.html
Senate Democrats pump brakes on new stimulus checks

House Democrats looking to deliver another round of $1,200 relief checks to Americans are encountering skepticism from an unexpected source — fellow Democrats in the Senate.

29 May 09:55 TheHill 355432918074895563.html
Lockdown shopping: Chocolate chips, frozen pizza up, energy bars nosedive

Americans bored at home during the coronavirus lockdown are rediscovering their love of baking and cooking, reversing a decades-long trend that has reshaped the grocery store experience.

29 May 09:57 TheHill 355432919828347797.html
Why some commercial landlords evict tenants and let properties sit vacant

Amid calls for provincial moratorium on commercial evictions, Premier Doug Ford says he doesn't understand why properties sit vacant

29 May 14:10 NOW 7434691886800991935.html
COVID-19 recasts internet as a utility for every home

Jorg Welters explores how the telecommunications sector has grown amid the COVID-19 crisis after broadband is perceived to be essential to surviving lockdown

29 May 14:45 Open Access Government 7441385493110319968.html
"Bleak and depressing reading” - Figures highlight retail sector lockdown woes

The latest national retail figures make for “very bleak and depressing reading” as the effect...

29 May 14:31 Newstalk 7635722259010034326.html
No decision taken on setting up bad bank: Finance Ministry official

Even the Economic Survey 2017 had proposed this idea, suggesting the creation of a bad bank called Public Sector Asset Rehabilitation Agency (PARA) to help tide over the problem of stressed assets.

29 May 14:15 The Economic Times 7653256036578699135.html
ESAF Small Finance Bank Q4 results: Net profit zooms two-folds to Rs 190 crore

The bank's advances grew 37 per cent to Rs 6,818 crore with deposit rising 63 per cent to Rs 7,028 crore.

29 May 14:18 The Economic Times 7653256036650957959.html
ET View: Even before Covid, economy was slumping

The government needs to fix the banks and create a functional bond market. This alone can raise the rate of investment. Gross fixed capital formation as a share of GDP was down to 26% in Q4 of 2019-20, and 26.9% for the year as a whole. Without raising it by six percentage points of GDP, India cannot shed its low growth trap.

29 May 14:23 The Economic Times 7653256036853689829.html
Retail inflation for industrial workers eases to 5.45% in April: Labour ministry data

Lauding the efforts of the Labour Bureau which collects and released Consumer Price Index-Industrial Workers (CPI-IW), Labour Minister Santosh Gangwar said the 'cost of living index' data collection and release by the bureau in these difficult times during the lockdown is commendable and would go a long way to help in policy making in the country.

29 May 14:50 The Economic Times 7653256037439791092.html
HCL's acquires Cisco's SON tech for $49 million; to boost 5G tech deployment

The acquisition, which comprises of products and services built on Ciscos SON technology, will help HCL cater to customers in the telecommunications industry as SON has become a major component in the move towards 5G networks, including tier-one communications service providers globally.

29 May 14:41 The Economic Times 7653256037900095534.html
Fiscal deficit widens to 4.6% of GDP in 2019-20

As per CGA data, the FY20 fiscal deficit worked out to be 4.59% of the GDP, while the revenue deficit was 3.27%.

29 May 14:03 The Economic Times 7653256038418200463.html
Low Q4 growth telling commentary on economic mismanagement of BJP govt: P Chidambaram

"Remember, this is pre-lockdown. Of the 91 days of Q4, lockdown applied to only 7 days," the former finance minister said.

29 May 14:48 The Economic Times 7653256038431495213.html
Krakatau Steel books first profit in eight years

The company booked US$74.1 million in profit in the first quarter this year, a major switch from the $62.3 million loss it suffered in the same period last year, as its cost of revenue and administrative expenses dropped 39.8 percent and 41.5 percent respectively.

29 May 14:33 The Jakarta Post 7678601103224102882.html
Renault, Nissan and Mitsubishi cars to share more commonality than ever before

The Renault-Nissan-Mitsubishi Alliance has faced a rough year globally with management upheavals, dropping sales and a flawed sales strategy. This is a major step towards rectifying these issues

29 May 14:15 OVERDRIVE 7781473804345966862.html
Newmark Capital tipped as buyer of $120m David Jones store

Melbourne-based Newmark Capital has started the ball rolling in post COVID-19 retail property deals.

29 May 14:00 The Age 7967730561096338096.html
If we must have a pay freeze, spare front-line jobs dominated by underpaid women

Any halt to pubic sector pay rises in NSW needs to be short-lived, and the way to recovery must account for the glaring gender pay gap.

29 May 14:00 The Age 7967730561266595844.html
We must create more jobs, not give extra money to public servants

Public sector pay rises in the middle of a global pandemic do not benefit the 8 million people of NSW, many of whom are suffering right now.

29 May 14:05 The Age 7967730561292295829.html
Deloitte's call for Virgin emergency cash rejected as liquidity fears rise

The federal government has rejected at least one direct plea from Virgin Australia's administrator Deloitte for emergency funding, raising concerns it might fall into liquidation before new owners are found.

29 May 14:00 The Age 7967730561353896084.html
NRL keeps Origin, grand final exclusivity up sleeve for next TV deal

The NRL has kept an ace up its sleeve as it prepares to return to the negotiation table with Nine in the next 18 months.

29 May 14:01 The Age 7967730561629651980.html
Developer offers tenants half-price rent at prime site

Rents are being cut in half in a new office development just south of Sydney's CBD.

29 May 14:00 The Age 7967730561950828654.html
Reality check for hot city fringe office markets

Vacancy in city fringe office markets is expected to almost double by the end of next year.

29 May 14:00 The Age 7967730561953501042.html
Redcape Hotel to reopen pubs as restrictions taper off

Listed pub group Redcape says its primed to reopen its doors on Monday, with new-look properties and changes to how it serves customers in the post-pandemic era.

29 May 14:00 The Age 7967730561984958381.html
Lead and we follow: country of over-achievers in times of crisis

History shows that national unity only lasts as long as the emergency.

29 May 14:01 The Age 7967730562748140428.html
Salesforce Writes Off $25 Million as it Abandons Offices

Salesforce adds that cancelling physical events this fiscal year in favor of virtual experiences cost it $65 million. Salesforce offices meanwhile..

29 May 14:42 Computer Business Review 8072376452403867018.html
Meet Monero: A Privacy Cryptocurrency Offering Real Anonymity Advances

While there remains a misconception cryptocurrencies like Bitcoin and Litecoin are anonymous, the truth is transactions on these networks can be – and often are – linked to real identities. Understandably, some cryptocurrency users have come to desire stronger privacy guarantees, and this demand has…

29 May 14:10 Kraken Blog 8297908667807114638.html
Singapore-China to open essential travel corridor in early June

SINGAPORE (Reuters) - Singapore and China plan to reopen essential travel for business and official purposes between the two countries early next month, they said in a joint statement on Friday.

29 May 14:50 Reuters 8334514180078205654.html
Deribit’s Ether Options Hit All-Time-High Amidst Rising Institutional Interest

Bitcoin and Ether exchange Deribit set a record earlier this week after ETH options on the platform surged to record highs. 

29 May 14:07 BTC Manager 8549607152931387128.html
State gaming win down 99.6% in April with coronavirus closures

Clark County win was down 99.5 percent from a year ago with the only win coming from scattered bets from companies with sports betting apps and online poker.

29 May 14:29 Las Vegas Review-Journal 8640648837287739109.html
UK Sought 'New Entrants' in 5G Networks Amid Huawei Approval, US-China Trade Tensions - Downing Street

The news comes after unconfirmed reports in UK media cited anonymous sources in Whitehall, who said the government may phase out the Chinese tech giant's role in...

29 May 14:00 Sputniknews 967333869276151916.html
Whoopi Goldberg tells Loose Women she thinks pneumonia ordeal was Covid-19

Whoopi was in hospital for a month.

29 May 14:34 Metro 970161747986352162.html
Volkswagen Pumps $2.2 Billion Into China EV Operations, Expands Cooperation With Ford

Earlier this month, Volkswagen announced it was rethinking its plan to use its SEAT brand to spearhead its electric vehicle efforts in China. It wasn't exactly clear at that time what the company's Plan B was. Certainly it was not abandoning its China plans, was it? This week, that question has been answered. The company

29 May 15:54 CleanTechnica 1065744424723918661.html
CBS News President Susan Zirinsky Says Corporate Execs Have Discussed Pay Cut

The company, which underwent layoffs this week, has not yet docked executive pay, which has "upset" some network staffers.

29 May 15:59 The Hollywood Reporter 121801344693304323.html
EU weighs China policy amid concern over Hong Kong moves

The ministers, holding talks via videoconference, are weighing the need for firm policy against the damage that it might do to business ties between the Asian economic giant and the world's biggest trading bloc.

29 May 15:51 The Financial Express 1288289579534445813.html
OYO sales down to half amid COVID-19; Ritesh Agarwal explains why future holds little respite too

Coronavirus has put a spanner in the growth of the otherwise stellar performing unicorn startups of the world with homegrown OYO now saying that the sales of the company have come down to half in the past few weeks.

29 May 15:15 The Financial Express 1288289579783812687.html
Goa CM Pramod Sawant bats for lockdown extension; wants malls, gyms to open

The chief minister said Goa will pitch for relaxations like allowing reopening of malls, restaurants and gyms in the state during the lockdown period.

29 May 15:23 The Financial Express 1288289580019428079.html
Not ready to open platform food stalls yet! Vendors’ Association urges Indian Railways to give them time

To check the spread of the infection, the stalls on platforms had been shut throughout the nationwide lockdown, which was imposed on 25 March 2020.

29 May 15:48 The Financial Express 1288289580572133838.html
Labor calls to lift cap on home-loan deposit scheme to help construction

Labor is pressing the government to open its first home loan deposit scheme to all eligible people building a new home to help the struggling sector.

29 May 18:00 The Age 7967730562580307980.html
Seeks RBI intervention over interest rate cuts

Real estate developers body Credai has written to the RBI, saying that the banks have not adequately passed on the benefits of repo rate cuts to the NBFCs and housing finance companies (HFCs) and...

29 May 18:00 The Hans India 817019413988479330.html
How the pandemic will shape the fashion world

A total of 61 per cent Indians reported less time shopping online in the wake of the current crisis, while 43 per cent of Indians have delayed purchasing clothes in the outbreak, says a report

29 May 18:22 The Hans India 817019414901660709.html
Ryanair expects air fares to fall when flights take off again

’We think it’s pretty clear that for the next 12 months prices are going to be way down,’ says Michael O’Leary

29 May 18:42 The Irish Times 8204772967704410554.html
Tesla: Elon Musk qualifies for $770 million compensation

May 29 (UPI) -- Tesla announced in its Thursday filing with the Securities and Exchange Commission that founder Elon Musk has qualified for a compensation package worth some $770 million after the company reached certain growth goals.

29 May 18:09 UPI 8257973864848002640.html
Morgan Stanley plans June return of some traders to New York headquarters: CNBC

(Reuters) - Morgan Stanley (MS.N) is planning to start getting some traders to return to its New York headquarters in mid- to late-June, CNBC reported on Friday, citing people with knowledge of the situation.

29 May 18:42 Reuters 8334514181073279177.html
Tencent in talks to buy Warner Music stake: WSJ

(Reuters) - Chinese internet giant Tencent Holdings Ltd (0700.HK) is in talks to invest $200 million in Warner Music Group, ahead of the record company's slated initial public offering next week, the Wall Street Journal reported here on Friday.

29 May 18:48 Reuters 8334514181122399776.html
President Trump says he spoke to George Floyd’s family

Trump said he conveyed his sympathy to the family.

29 May 18:22 Fox 4 8372747777908201258.html
Businesses Must Start Paying Towards Furlough Scheme From August, Chancellor Rishi Sunak Says

Changes to the Coronavirus Job Retention Scheme will enable businesses to bring back staff part time from July and introduce a taper requiring firms to contribute to...

29 May 18:00 Sputniknews 967333867945599410.html
Price of WTI Crude Futures Tops $35 Per Barrel First Time Since March 11

MOSCOW, May 29 (Sputnik) - Global oil prices accelerated growth to 5 percent on Friday evening, and the price of WTI crude futures rose above $35 per barrel for the...

29 May 18:59 Sputniknews 967333868112065664.html
No decision taken on setting up bad bank: FinMin official

Last month, the government decided to put restriction on foreign direct investment (FDI) to clamp down on the investor from China to buy Indian companies cheap.

29 May 19:37 The Financial Express 1288289580248887207.html
GDP growth slows to 3.1% in Q4 FY20 but is this the final estimate? Govt caveat leaves room for revision

Growth in the last quarter of FY 2020 has been the slowest since the global financial crisis more than a decade ago.

29 May 19:12 The Financial Express 1288289580268305774.html
SC issues notice to Tata Sons on cross-appeal of Mistry group firm against NCLAT order

A bench of Justices A S Bopanna and Hrishikesh Roy in Friday's proceedings, held through video-conferencing, also issued notice on the cross-appeal of Cyrus Investment Pvt Ltd and tagged the plea with that of TSPL.

29 May 19:01 The Financial Express 1288289580751809479.html
ITC to use Amway network to sell juices as coronavirus pushes demand for immunity boosters

FMCG major ITC has partnered with direct selling company Amway to retail its range of juices as demand for immunity building products witness a boom during the coronavirus pandemic.

29 May 19:13 The Financial Express 1288289580857794828.html
Income Tax Return: Filing ITRs to become easy as CBDT notifies new Form 26AS

Form 26AS contains details of tax deducted, tax paid and tax deposited along with some other taxable income, like interest on FD etc, on which tax has not been deducted.

29 May 19:09 The Financial Express 1288289581311146679.html
UK plans new 5G club of 10 democracies, including India: Report

The move to speed up such a club comes as the UK launched an inquiry into Huawei's involvement in the country's mobile network upgrade in the wake of US sanctions against the company.

29 May 19:14 The Financial Express 1288289581360039216.html
US consumer spending sinks by record 13.6% in face of virus

Even with employers cutting millions of jobs, personal incomes soared 10.5 per cent in April, reflecting billions of dollars in support through government payments in the form of unemployment aid and stimulus checks.

29 May 19:32 The Financial Express 1288289581476026653.html
Power minister R K Singh asks Rs 3 trillion from finance commission

The minister informed the commission that the old schemes of the ministry are being amalgamated into a new scheme for which he requested Rs 3 trillion over five years.

29 May 19:16 Business-Standard 1502508924673760952.html
Govt is looking at starting home delivery of petrol, CNG: Pradhan

Indian Oil Corp (IOC), the nation's largest fuel retailer, started home delivery of diesel through a mobile dispenser in 2018. This service is available only in a handful of cities.

29 May 19:14 Business-Standard 1502508925373549939.html
UK plans new 5G club of 10 democracies, including India, says report

The group will aim to create alternative suppliers of 5G equipment and other technologies to avoid relying on China

29 May 19:30 Business-Standard 1502508926400566455.html
ED attaches Rs 385 crore assets of Agusta middleman Rajiv Saxena

The Enforcement Directorate on Friday said it has attached assets, including five Swiss bank accounts, worth Rs 385.44 crore of Rajiv Saxena, a middleman in the AgustaWestland VVIP choppers money

29 May 19:19 Deccan Herald 2027555796061206854.html
India's economic growth dips drastically during coronavirus pandemic

Indian economy grew by 4.2% in fiscal year ending March, down from 6.1% previous year

29 May 19:06 Gulf News 2086521544262826399.html
Three-point checklist for getting maximum savings out of KiwiSaver

Three point checklist to get the best out of KiwiSaver.

29 May 19:21 Newshub 2131266986766665335.html
3 Sports Apparel Stocks to Trade for Players and Spectators Alike

Stoppage time for athletics of all kinds hasn’t stopped bulls and bears from playing three sports apparel stocks to big wins.

29 May 19:39 InvestorPlace 24614509478445449.html
Party City News: Why PRTY Stock Is Surging 29% Today

Party City (PRTY) is seeing massive gains to PRTY stock Friday following news of a Transaction Support Agreement with bondholders.

29 May 19:37 InvestorPlace 24614509741489884.html
How to Ride a Multi-Bagger Opportunity in Virgin Galactic Stock

Virgin Galactic remains an excellent speculative play and an even better holding with a well-conceived spread in SPCE stock.

29 May 19:21 InvestorPlace 24614509751646230.html
Williams-Sonoma Earnings: WSM Stock Rallies 14% Following Q1 Topper

Williams-Sonoma (WSM) earnings for the retail company's first quarter of the year have WSM stock heading higher on Friday.

29 May 19:02 InvestorPlace 24614509810787854.html
‘Telling commentaryon BJP management’: Cong hits out after dip in GDP growth rate

Congress leader and former finance minister P Chidambaram blamed the government’s economic management for the new low in GDP growth.

29 May 19:43 The Indian Express 2885715104989300264.html
The world's largest marijuana company craters 22% as recreational pot demand sinks amid coronavirus pandemic (CGC)

Canopy Growth cratered as much as 22% on Friday after the company reported its fiscal fourth quarter earnings that missed analyst estimates. The...

29 May 19:45 Business Insider 3364799148234368408.html
De Blasio, Cuomo target June 8 for first phase of New York City reopening

The city is on track to meet all of the state’s metrics needed to begin relaxing its stay-at-home order.

29 May 19:03 POLITICO 3493784591116114065.html
Deloitte's consulting arm said to warn of about 2,500 job cuts

There’s growing concern among some consultants who aren’t currently assigned to a project with a client that they’ll be first in line to lose their jobs, one of the people said.

29 May 19:05 BNN 3833521688788808228.html
Lumber sees surprise win as shut-in Americans fix up their homes

Lumber futures are heading for their second-straight monthly gain at a time when gloom from the coronavirus pandemic was expected to curb demand.

29 May 19:47 BNN 3833521689708354241.html
Airline Chiefs Talk Travel Rebound, Cut Jobs Anyway

People are starting to fly again and that's encouraging. But companies are sticking with sweeping layoffs, suggesting a tepid recovery at best.

29 May 19:07 Bloomberg.com 4032480122665188785.html
10m Homes ‘ll Benefit from Mambila Power Plant – Buhari

PRESIDENT Muhammadu Buhari has said that over 10 million Nigerians will benefit from the Mambila power plant which is c

29 May 19:33 Vanguard News 4125100340742107164.html
Pandemic could spur more states to approve sports, online betting

The coronavirus pandemic could lead to a quicker expansion of sports betting and internet gambling in the U.S. as states deal with huge budget deficits.

29 May 19:08 FOX Sports 4135141641781017500.html
Coronavirus: Chancellor extends support for self-employed but warns of ‘hardship ahead’

Chancellor Rishi Sunak has extended support for self-employed workers and unveiled a new "flexible furlough" system for firms.

29 May 19:40 The Courier 4275302767396913906.html
Fintech marketplace Stackin secures $12.6 million ahead of UK launch

Stackin, a US startup that helps consumers navigate the crowded fintech space, has raised a $12.6 million Series B funding round led by Octopus Ventures.

29 May 10:25 Finextra 6000504751056475378.html
Pakistan plans to raise $1.5bn in Eurobonds, officials say

Pakistan News: Pakistan plans to raise $1.5 billion through Eurobonds to bridge a balance of payments gap for the financial year beginning July 1, said sources. With

29 May 10:11 The Times of India 6060938664709107153.html
CannTrust back in business

CannTrust Holdings Inc. says Health Canada has reinstated its licences for its greenhouse in Niagara and that it will immediately restart operations.

29 May 10:36 Castanet 616068602827983078.html
GST Council may find it difficult to raise GST rates

It was widely expected that the GST Council could consider raising tax rates and cess on certain non-essential items to boost revenue for states and the Centre.Several states have reportedly taken an over 80-90% hit in GST collections in April

29 May 10:28 Livemint 6614605819269358820.html
Citing loss, Tangedco wants Open Access consumers to pay additional surcharge

State electricity utility says it suffered a loss of ₹2,383 crore due to under-recovery

29 May 10:47 The Hindu 6679535025326665600.html
Furlough latest - 3 announcements we're expecting from Chancellor Rishi Sunak today

On Friday, the Chancellor is expected to announce a raft of changes to the furlough scheme as the state subsidy is wound down for more than 8.4million workers

29 May 10:24 mirror 675785260724134869.html
'I wouldn't write him off': Clarkson tips Franklin to bounce back

The star Sydney forward could miss more than half the season after damaging his right hamstring at training.

29 May 10:12 WAtoday 6806590898776938091.html
Ottawa’s increase to the expected cost of emergency relief program indicates more workers will remain unemployed

The delayed launch of the wage subsidy program, combined with restrictions and complexities in the application criteria, contributed to employers’ reluctance to make use of the initiative

29 May 10:00 The Globe and Mail 68426410960510983.html
Bitcoin Breaking $10,500 Will Set the Stage for a Massive Reversal: Here’s Why

Bitcoin has been on an impressive rally over the past two months.

29 May 10:00 NewsBTC 7232133511185853664.html
Ex-CBN director lauds MPC over interest rate reduction

A financial expert, Dr Titus Okunrounmu, has commended the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) for reducing the interest rate by one-percentage-point from 13.5 per cent.

29 May 10:59 The Guardian 7580308505399080232.html
NABARD sanctions Rs 1,050 crore credit support to West Bengal

The credit support under special liquidity facility will be extended to state cooperative banks, regional rural banks and micro-finance institutions. The NABARD has already disbursed an amount of Rs 720 crore to state coperative and regional rural banks, he said, adding that disbursements to MFIs will commence shortly.

29 May 10:40 The Economic Times 7653256036503329307.html
Uttar Pradesh govt inks MOUs with industry bodies for 11 lakh jobs to migrant workers

The Federation of Indian Chamber of Commerce and Industry (FICCI) and Indian Industries Association (IIA) accounted for three lakh jobs each, while NARDECO and Laghu Udyog Bharati accounted for 2.5 lakh jobs each, UP MSME minister Sidharth Nath Singh said.

29 May 10:04 The Economic Times 7653256036716369708.html
Crude oil prices fall but remains set for biggest monthly gain in years

US West Texas Intermediate (WTI) crude was down $1.28, or 3.8 per cent, at $32.43.

29 May 10:20 The Economic Times 7653256036728676988.html
ITC Hotels partners with Swiggy to offer dining options to customers

ITC Hotels had tapped into the food and beverage take-away model across the country recently. The chain said the association with Swiggy is aimed at reaching a much larger customer base.

29 May 10:14 The Economic Times 7653256037065490280.html
Delhi, West Bengal not yet distributed May month quota of free foodgrains under PMGAY: Ram Vilas Paswan

On distribution of one kg free pulses per household under the PMGAY, Paswan said states have lifted 1.68 lakh tonnes of pulses and are yet to provide month-wise distribution of the same. The progress report is awaited.

29 May 10:54 The Economic Times 7653256037443845518.html
Old style value investing doesn’t work anymore, says Damodaran

Guru Aswath Damodaran said value and growth investing has become a lazy categorisation of investing.

29 May 10:38 The Economic Times 7653256037760183172.html
US taxpayers' virus relief went to firms that avoided taxes

Reuters’ analysis of public data found around 110 publicly traded companies have each received $4 million or more in emergency aid from the program.

29 May 10:15 The Jakarta Post 7678601103729986444.html
Debt relief plans for world's poor countries inch forward

Plans for debt relief for the world's poorest countries inched forward on Thursday as private creditors laid out a blueprint for their involvement, though it received immediate criticism for not going far enough.

29 May 10:00 The Jakarta Post 7678601104038264695.html
June 2020 week one fuel price – RON 95 goes up to RM1.43, RON 97 to RM1.73, diesel up 10 sen to RM1.61

Another Friday, which means its time for the regular weekly fuel price update. Not so pleasant news yet again for motorists as fuel prices continue on an

29 May 10:19 Paul Tan's Automotive News 7862472105854545766.html
'I wouldn't write him off': Clarkson tips Franklin to bounce back

The star Sydney forward could miss more than half the season after damaging his right hamstring at training.

29 May 10:12 The Age 7967730561311676011.html
VMware CEO After Storming Quarter: “Tech is Stronger than GDP”

VMware CEO: "Tech is stronger than GDP, and software and cloud is stronger than tech."

29 May 10:47 Computer Business Review 8072376453089907603.html
KCR pitches for new scheme for farmers in Telangana

Chief Minister K Chandrasekhar Rao who garnered country's attention with the Rythu Bandhu and Rythu Bhima schemes has announced that the government is planning to launch a special scheme for farmers...

29 May 10:22 The Hans India 817019414037272344.html
Challenger bank Starling raises additional £40m

Fintech led by former AIB chief operating officer, has now raised £363m to date

29 May 10:31 The Irish Times 8204772967806923087.html
As lockdowns ease, a Bronx nail salon plans a careful reopening

(Reuters) - When Yahaira Caraballo opened her nail salon in the Bronx, New York nearly seven years ago, it was a bare-bones shop with two nail technicians.

29 May 10:16 Reuters 8334514180589514662.html
Formula One: Williams considering selling team after suffering over $15 million in losses

After posting a £12.9 million profit in 2018, Williams have responded to the blow by seeking new investment.

29 May 10:28 Scroll.in 8669301692547777049.html
Volkswagen says next-gen Amarok will be 'adapted' from new Ford Ranger

Volkswagen says it will create the second-generation Amarok by “adapting” Ford’s upcoming new Ranger bakkie.

29 May 10:00 CARmag 8756669823334832856.html
Northern Trust Enters Strategic Alliance with BlackRock

Northern Trust has, as part of its continuing strategy to provide integrated products and technology, today entered into an alliance with BlackRock .

29 May 10:04 Finance Magnates 8992138265300624091.html
Wedbush Futures Partners with The Small Exchange

Wedbush Futures announced its partnership with The Small Exchange, a new Futures exchange offering smaller, standardized products.

29 May 10:56 Finance Magnates 8992138266563785895.html
No recent talks between PM Modi and Trump over Ladakh and China: Sources

The Rising Kashmir provides the most comprehensive coverage news, breaking news,videos, information on Kashmir, politics, cricket and more.

29 May 10:27 Rising Kashmir 9025326238866746428.html
Last day for buying, selling RIL-Rights Entitlement, shares surge 48% from May 20; should you buy today?

From an opening price of Rs 152 on May 20, Reliance Industries' rights entitlement (RIL-RE) share price has surged 48 per cent to hit today's high of Rs 225 apiece on NSE.

29 May 14:33 The Financial Express 1288289579526648990.html
Emerging trends in warehousing segment post Covid-19 lockdown

At a time when the Indian real estate industry has been facing headwinds on account of a difficult residential market, the warehousing property segment has emerged as a promising investment opportunity for institutional investors.

29 May 14:50 The Financial Express 1288289580173450652.html
RBI slaps penalty worth crores of rupees on three banks, including one PSU and one cooperative bank

The Reserve Bank of India has slapped a penalty amounting to a total of Rs 6.50 crore on Bank of India, Karnataka Bank, and Saraswat Cooperative Bank.

29 May 14:55 The Financial Express 1288289580498418115.html
Q4 GDP Highlights: Growth slows to 3.1%, hurt by lockdown, beats estimates; govt adds caveat

Q4 FY 2019-20 GDP growth estimates Highlights: India's economy grew at 3.1 per cent in Q4 of the last fiscal, beating street estimates.

29 May 14:55 The Financial Express 1288289581162791165.html
UP’s economic activity returning to normalcy; here’s what industrial power demand data shows

After two successive months of depressed economic activity, industrial power consumption in UP, this week, crossed 90 per cent of the average consumption recorded in February.

29 May 14:33 The Financial Express 1288289581424797154.html
Bank credit shrinks 1.2% in April, gross bank credit falls to Rs 91.53 trn

Loans in the retail segment contracted 2.5 per cent to Rs 24.90 trillion

29 May 14:41 Business-Standard 1502508924560375248.html
CIL's coal quota under e-auction for non-power sector up 3-folds in Apr

The scheme was launched in 2015-16 to make coal available to non-power consumers, including captive power plants

29 May 14:17 Business-Standard 1502508924585035097.html
GDP data: Yet another huge knock for Modi govt's economic growth story

India's economic growth falls for a third successive year, fiscal deficit widens to 4.6%; agriculture and govt spending prevent further decline

29 May 14:37 Business-Standard 1502508924982393101.html
Fiscal deficit widens to 4.6% of GDP in FY20 on poor revenue realisation

The deficit, which signifies the gap between government revenue and expenditure, is higher than the revised estimate of 3.8 per cent for the fiscal

29 May 14:03 Business-Standard 1502508925908976117.html
Farm sector grows by 5.9% in Q4 of 2019-20; future uncertain due to Covid

As the data relates to pre-Covid lockdown period it does not reflect the real picture of distress which unfolded from April onwards in the sector

29 May 14:33 Business-Standard 1502508925931308792.html
Lockdown effect: Core sector output crashes record 38.1% in April

Infra segment hurt the most as cement and steel output tank by more than 80 per cent

29 May 14:04 Business-Standard 1502508926377583343.html
Crisis growing as GDP data signals weakening demand, growth impulses

India's economy was already slowing down before it entered the Covid-19 year of 2020-21, writes D K Srivastava.

29 May 14:46 Business-Standard 1502508926606139406.html
Samsung Exclusive Stores in India are now certified for safety by Suraksha

Every Samsung Exclusive Store in India is now Suraksha-certified to ensure consumer safety during the COVID-19 pandemic. Suraksha (meaning 'protection' in Hindi) is a public private initiative that a

29 May 14:38 SamMobile 1601131849631290029.html
British American Tobacco contests South African lockdown ban

British American Tobacco South Africa says a continued ban on legal cigarette sales threatens the sector and the livelihoods it supports

29 May 14:15 Rappler 1882105641808094582.html
Chile, Peru secure credit lines from IMF amid pandemic

(UPDATED) The International Monetary Fund grants Chile a $24-billion credit line and Peru an $11-billion credit line, both for two years

29 May 14:00 Rappler 1882105642461831083.html
Low Q4 growth telling commentary on economic mismanagement of BJP govt: Chidambaram

'We had forecast that GDP for Q4 will touch a new low at below 4 per cent. It has turned out to be worse at 3.1 per cent. It is a telling commentary on the economic management of the BJP government,' he tweeted.

29 May 14:25 Oneindia 2023829370827307807.html
Nigerians to pay stamp duties on ATM printouts, some WhatsApp messages – FIRS

The Federal Inland Revenue Service (FIRS) revealed that Nigerians will now pay stamp duties on some WhatsApp messages, SMS, and messages via any electronic platform acknowledging receipt of funds. Stamp duties will also be paid by

29 May 14:57 LailasNews.com 2090029850649912549.html
Amazon Doesn't See Demand Slowing Anytime Soon

It still has capacity constraints in its warehouses.

29 May 14:50 The Motley Fool 2231313657876495948.html
Costco Reports Revenue Beat Despite First Monthly Sales Drop in a Decade

Fiscal third-quarter revenue beat expectations, though COVID-19 impacts caused an April comparable-sales drop that marked the first year-over-year decrease in over a decade.

29 May 14:16 The Motley Fool 2231313658643123954.html
Consumer Spending Fell 14% In April, Led By Much Lower Food Expenses

Disposable incomes rose by 13%, lifted by federal coronavirus relief efforts, but a lot of this extra cash ended up in savings accounts.

29 May 14:00 The Motley Fool 2231313658963173508.html
Could First Solar Be a Millionaire-Maker Stock?

It's a great company, but is it a great stock?

29 May 14:34 The Motley Fool 2231313659069203295.html
Newmark Capital tipped as buyer of $120m David Jones store

Melbourne-based Newmark Capital has started the ball rolling in post COVID-19 retail property deals.

29 May 14:00 Brisbane Times 2314609338115410608.html
If we must have a pay freeze, spare front-line jobs dominated by underpaid women

Any halt to pubic sector pay rises in NSW needs to be short-lived, and the way to recovery must account for the glaring gender pay gap.

29 May 14:00 Brisbane Times 2314609338285668356.html
We must create more jobs, not give extra money to public servants

Public sector pay rises in the middle of a global pandemic do not benefit the 8 million people of NSW, many of whom are suffering right now.

29 May 14:05 Brisbane Times 2314609338311368341.html
Deloitte's call for Virgin emergency cash rejected as liquidity fears rise

The federal government has rejected at least one direct plea from Virgin Australia's administrator Deloitte for emergency funding, raising concerns it might fall into liquidation before new owners are found.

29 May 14:00 Brisbane Times 2314609338372968596.html
NRL keeps Origin, grand final exclusivity up sleeve for next TV deal

The NRL has kept an ace up its sleeve as it prepares to return to the negotiation table with Nine in the next 18 months.

29 May 14:01 Brisbane Times 2314609338648724492.html
Developer offers tenants half-price rent at prime site

Rents are being cut in half in a new office development just south of Sydney's CBD.

29 May 14:00 Brisbane Times 2314609338969901166.html
Reality check for hot city fringe office markets

Vacancy in city fringe office markets is expected to almost double by the end of next year.

29 May 14:00 Brisbane Times 2314609338972573554.html
Redcape Hotel to reopen pubs as restrictions taper off

Listed pub group Redcape says its primed to reopen its doors on Monday, with new-look properties and changes to how it serves customers in the post-pandemic era.

29 May 14:00 Brisbane Times 2314609339004030893.html
Lead and we follow: country of over-achievers in times of crisis

History shows that national unity only lasts as long as the emergency.

29 May 14:01 Brisbane Times 2314609339767212940.html
Why Netflix's 'Space Force' Never Mentions Trump by Name

"Our hope is the actual guy who is running the Space Force is going to enjoy this the most," said co-creator Greg Daniels

29 May 14:20 TheWrap 2361432282481952409.html
3 Reasons to Still Trust High-Flying Wayfair

The economy is just turning around, which would benefit the online furniture retailer.

29 May 14:19 InvestorPlace 24614509245789214.html
7 Stocks to Buy to Ride the Vegan Wave

Plant-based foods have become big business in America. And these food stocks to buy show that America is crazy about meatless alternatives.

29 May 14:00 InvestorPlace 24614509710905256.html
It Looks as If American Airlines Stock Is Set for a Big Return Next Year

American Airlines Will Fly with lower capacity but first must wait for passenger traffic levels increasing

29 May 14:41 InvestorPlace 24614510579751168.html
With New Vehicles on the Horizon, Ford Stock Is Back in Gear

Ford's Mustang Mach-E will give Tesla a run for its money, plus the Bronco and F-150 will get fans excited again

29 May 14:55 InvestorPlace 24614510595662856.html
Southwest Is a Much Better Pick Now Than American Airlines Stock

Investors looking to play the rebound in airline stocks should pass up AAL stock because the firm's shaky finances will hurt its recovery.

29 May 14:30 InvestorPlace 24614510976936278.html
Despite Catalysts, Penn Stock Remains a Sell

There's plenty to be excited about with PENN stock. But with shares getting ahead of themselves, steer clear until shares take a breather.

29 May 14:43 InvestorPlace 24614511038371467.html
Protecting the Dividend at Any Cost Is a Real Risk to Exxon Mobil Stock

An obsession with maintaining its dividend by racking up debt in these uncertain times is a drag on Exxon Mobil Stock.

29 May 14:34 InvestorPlace 24614511125280137.html
India quarterly growth worst in two decades as lockdown bites

MUMBAI, May 29 — India’s economy grew at its slowest pace in at least two decades last quarter, government data showed today, with warnings of far worse to come as it grapples with the fallout of the world’s largest coronavirus lockdown. Asia’s third-largest economy expanded by just 3.1 per...

29 May 14:36 Malaymail 302165936141142676.html
IOI Properties’ Q3 profit falls due to Covid-19 pandemic

KUALA LUMPUR, May 29 — IOI Properties Group Bhd’s (IOIPG) net profit in the third quarter (Q3) ended March 31, 2020, fell 63 per cent to RM71.36 million from RM194.70 million a year earlier. Revenue for the quarter declined to RM401.43 million against RM487.74 million previously. The property...

29 May 14:28 Malaymail 302165936526440293.html
Uber-Grubhub deal hinges on breakup fee after narrowing price gap

Uber Technologies Inc. and Grubhub Inc. are haggling over a breakup fee after nearing an agreement on a merger price, according to people familiar with the matter.

29 May 14:47 BNN 3833521689573795597.html
Government urged to act before more regional journalism jobs go

Communications Minister Paul Fletcher is under pressure to allow mergers between regional media companies as fears grow of more job losses.

29 May 14:00 Australian Financial Review 3974284486448492637.html
Brookfield open to working with other Virgin bidders

Brookfield is back in the Virgin race. A big weekend of negotiations loom, but only two bidders can be allowed to go past Monday.

29 May 14:00 Australian Financial Review 3974284486490834677.html
Bonfire of dead rules to drive Australia's recovery

Over-regulation risks a "meandering" economy that will struggle to re-employ Australians who have lost their jobs.

29 May 14:00 Australian Financial Review 3974284487291502341.html
Bricks and slaughter as CBDs turn to ghost towns

Billions of dollars are up in smoke in the office heartlands of Australia's biggest cities after workers fled to escape the spread of the deadly COVID-19 virus, leaving investors wondering if the sector can ever regain its reputation as a defensive yield play.

29 May 14:00 Australian Financial Review 3974284487709424942.html
Alan Howard’s Hedge Fund Soars 100% in Virus-Fueled Chaos

Billionaire Alan Howard has doubled his investors’ money in the coronavirus crisis.

29 May 14:41 Bloomberg 4032480121287340082.html
Prices of certain imports such as rice ‘expected to rise’

Bonakele says although prices of essential goods spiked as a result of panic buying, they have since stabilized.

29 May 14:42 The Citizen 410802300998360583.html
Stop and Shop extends 10% pay bump for hourly workers

Stop and Shop plans to extend a 10% pay increase until July 4.

29 May 11:16 ABC7 New York 7327811148151447102.html
TJ Maxx, Marshalls, HomeGoods expect to reopen end of June

There is more progress on the road to reopening for T.J. Maxx, Marshalls, and HomeGoods.

29 May 11:07 ABC7 New York 7327811148520830872.html
Uber Says AB5 Could Cost 158,000 Drivers Their Jobs

If Uber is forced to classify drivers in California as employees, 158,000 will be out of work, the company said. Passengers could see prices rise by 120 percent.

29 May 11:15 PYMNTS.com 7357138824902523316.html
Starling Scores $49 million From Its Investors

Starling, a United Kingdom-based digital bank, has raised $49 million in a funding round led by its investors Merian Chrysalis Investment Co. and Harald McPike.

29 May 11:10 PYMNTS.com 7357138824925092766.html
Vodafone Idea Denies Reports Of Likely Stake Sale Talks With Google

On Friday, Vodafone Idea shares rose 12.71% to Rs 6.56 apiece on the BSE on reports of a likely stake sale deal with Google.

29 May 11:21 Bloomberg | Quint 7403450741658805191.html
ICYMI: You will now pay stamp duty on ATM printouts, some WhatsApp messages, says FIRS

The Federal Inland Revenue Service (FIRS) says Nigerians will now pay stamp duties on WhatsApp messages acknowledging receipt of funds. 

29 May 11:47 TheCable 7513571674837356467.html
Cruise ship ban extended, effectively scuttling season in Greater Victoria

The cruise-ship season that was forecast to bring more than three quarters of a million passengers to Victoria’s shores — and an estimated $130 million in economic activity — has . . .

29 May 11:03 Times Colonist 7617512062062557910.html
Labour ministry to provide free skills training to job seekers registered on National Career Service portal

The training will encompass modules on corporate etiquette, improving inter personal skills, making impactful presentation including other necessary soft skills needed by the industry. The training module is available in two languages, Hindi and English, on the NCS portal.

29 May 11:11 The Economic Times 7653256036419871776.html
Funds recommend keeping equity allocations on hold at 7-month low: Poll

Asset managers were almost evenly split on whether this year's lows for key indexes would be revisited.

29 May 11:20 The Economic Times 7653256036478608881.html
Market movers: Vodafone in focus, pharma names rally; 2 stocks give sell signals

Here is what happened in Fridays session.

29 May 11:45 The Economic Times 7653256036879783772.html
Expect demand to start picking up post Diwali: Nitin Jain

‘We have to ensure that the companies in this period are able to sustain themselves

29 May 11:35 The Economic Times 7653256037481887652.html
Core sector output contracts 38% in April owing to stalled economic activity

In March, the output of the core sector that includes eight infrastructure sectors — coal, crude oil, natural gas, refinery products, fertiliser, steel, cement, and electricity — had contracted 9%.

29 May 11:36 The Economic Times 7653256038152259740.html
Nissan unveils four-year transformation plan – to cut production by 20%, reduce model range, focus on EVs

Nissan, which yesterday announced a net loss of 671 billion yen (RM27.1 billion) for the year that ended in March, has revealed a four-year restructuring

29 May 11:06 Paul Tan's Automotive News 7862472106292843121.html
Renault to cut 15,000 jobs, save RM9.7 billion by 2024

Lots of movement in the Renault-Nissan-Mitsubishi Alliance lately, what with the reveal of a new business strategy and Nissan both posting severe losses

29 May 11:16 Paul Tan's Automotive News 7862472106882391314.html
'A dud deal': Opposition promises to scrap BRI deal with China if elected

Opposition Leader Michael O'Brien said the Belt and Road Initiative with China was not in the state's interest and he would abolish it, if elected.

29 May 11:31 The Age 7967730561405134049.html
Iput secures €200m in ‘green finance’ for delivery of new LinkedIn HQ

Funds form part of €300m revolving credit facility agreed with Wells Fargo Bank

29 May 11:15 The Irish Times 8204772969274626417.html
TJ Maxx, Marshalls, HomeGoods expect to reopen end of June

TJX Companies, the stores' parent company, says it expects most of its stores to open by the end of June.

29 May 11:07 ABC7 Los Angeles 8300010440880764824.html
Asia’s pension reforms call for a multi-pillar approach

As life expectancy continues to increase, with people born in developed countries since 1997 now having a 50-50 chance of living beyond 100 years1, pension systems are faced with handling retirements that could last in excess of 40 years.

29 May 11:00 Business Insider Malaysia 8325046883165733874.html
Norway plans $369 million green industry investments

OSLO (Reuters) - The Norwegian government proposes spending 3.6 billion Norwegian crowns ($369 million) on investments to make its economy greener as it gradually emerges from coronavirus lockdowns, the government said on Friday.

29 May 11:40 Reuters 8334514179907488643.html
Singapore says Malaysia wants further deferral of joint rail project

SINGAPORE (Reuters) - Singapore said on Friday it was reviewing a request by neighbouring Malaysia to further suspend a high speed rail project set to link the city-state to Malaysia’s capital Kuala Lumpur.

29 May 11:33 Reuters 8334514180823284506.html
Williams says any team sale would be to secure F1 future

LONDON (Reuters) - Williams are prepared to end decades of family control and sell the struggling Formula One team to secure its future after tough times on and off the track, deputy principal Claire Williams said on Friday.

29 May 11:31 Reuters 8334514180962699343.html
SA facing ‘hefty’ petrol price increase in June (plus diesel shortages)…

The Automobile Association says South Africa’s fuel prices are set to climb in June in a “dramatic reversal of April's chaotic fuel market”.

29 May 11:07 CARmag 8756669822394456922.html
PruPay Building Text-Based Payments System with PayPal

Payments technology company PruPay has teamed up with Paypal to develop a text-based payments system, allowing merchants to request one-time payments from customers.

29 May 11:02 Finance Magnates 8992138265209422299.html
Debate over $600 in jobless aid to intensify as claims rise

The money, included in a government relief package enacted in March, is set to expire July 31.

29 May 11:14 KNOE 8 News 9048639192801791511.html
Volkswagen Looks East To China, Pledges €2bn To Boost Beijing's Electric, New Energy Vehicle Market

The world's largest automaker group is set to enter the Chinese market as rival motor companies compete for a top spot in the world's largest car market, the company...

29 May 11:19 Sputniknews 967333867515316499.html
South Africa’s trade balance swings to R35bn deficit in April

Imports were down 6.5% to R88.03 billion

29 May 12:35 Moneyweb 1092550948222809834.html
Planning approval sought for higher density housing estate in Clonmel after An Bord Pleanala’s rejection of application for less homes

A new planning application for the former Eircom site on Clonmel's Thomas Street is seeking permission to build close to double the number of dwellings of a previous proposal for the land that was &nb...

29 May 12:00 TipperaryLive 1097599577660088521.html
Sensex, Nifty close higher for third straight session: Key factors behind the share market rally

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

29 May 12:42 Business Today 1145527432039066218.html
Tata-Mistry battle: Supreme Court to hear Cyrus Mistry's plea for Tata Sons board position

The apex court's final order in the matter will be important as the dispute has now boiled down to two key issues --a board position for the minority shareholder Shapoorji Pallonji group and turning back Tata Sons into a public limited company from private

29 May 12:25 Business Today 1145527432623891635.html
India's Q4 GDP growth falls to 3.1% - worst since 2009 global financial crisis

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

29 May 12:15 Business Today 1145527432738635945.html
Vande Bharat Mission: Stranded Indians start returning from South America and Africa, Indian Navy reaches Madagascar with supplies

Around 300 Indians returned from far away countries in South America including Mexico, Argentina, Paraguay, Peru, Belize, Guatemala, Honduras, and Portugal.

29 May 12:58 The Financial Express 1288289579627346043.html
Coal India share price up 10% in 5 days; a stock to bet on as India’s power demand gets back on track?

A heatwave spreading across north India and the steady resumption of economic activity has caused a sharp spike in the country’s energy consumption, with this Coal India’s share price has also surged 10% in the last five days.

29 May 12:55 The Financial Express 1288289580031947853.html
Yogi Adityanath announces jobs for 11 lakh migrant workers, labourers; UP govt inks pact with industry

Yogi Adityanath said that he has received a list of 11 lakh migrant workers and labourers from bodies such as India Industries Association and FICCI and they have assured to absorb a huge labour force into the industry.

29 May 12:16 The Financial Express 1288289580068630560.html
Sebi seeks time to file counter in High Court on PIL against Franklin MF

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

29 May 12:23 Business-Standard 1502508924569181185.html
ITC Hotels partners with Swiggy to offer dining experiences at home

ITC Hotels has implemented stringent measures and protocols, including mandatory temperature checks for all chefs and food and beverage associates

29 May 12:01 Business-Standard 1502508924902509273.html
Govt mulls ban on loose edible oil sales post Covid-19 over health concerns

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

29 May 12:54 Business-Standard 1502508925145598463.html
Urban co-operative banks seek guarantee cover for their MSME borrowers

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

29 May 12:11 Business-Standard 1502508925163153227.html
India GDP growth slows to 3.1% in Q4, stands at 11-year low of 4.2% in FY20

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

29 May 12:19 Business-Standard 1502508925541543150.html
Govt unlikely to press for hike in GST rates for non-essentials next month

However it will have to find ways in which essential and non-essential items can be segregated

29 May 12:08 Business-Standard 1502508926526211004.html
About 600,000 visitors expected in Cyprus in August

Cypriot Minister of Transport, Communications and Works Yiannis Karousos, said that the country expects to receive about 600,000 passengers in August, noting

29 May 12:14 Greek City Times 1506177376550163291.html
Ethereum Just Breached a Crucial Level, and That Means Bitcoin May Rip Higher

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

29 May 12:00 Bitcoinist.com 1696346936959431748.html
Renault to cut 15,000 jobs in 'vital' cost-cutting plan

French carmaker Renault says nearly 4,600 jobs would be cut in France and more than 10,000 in the rest of the world – some 8% of the company's global workforce

29 May 12:30 Rappler 1882105643772097192.html
McLaren to reportedly cut about 30% of their employees

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

29 May 12:20 AutoIndustriya.com 2007465447658042813.html
Resilient Square Stock Will Defeat the Bears

SQ stock is perfectly positioned to capitalize on the emerging trends of the 21st century economy, but bears are still grumbling.

29 May 16:43 InvestorPlace 24614511112745508.html
Stocks could trade 'drastically lower' on breakdown in trade between China and US, JPMorgan says

JPMorgan has turned cautious on equities after being bullish for months, according to an analyst noted published by Marko Kolanovic on Thursday....

29 May 16:54 Business Insider 3364799147599646855.html
Businesses told to start paying furlough bill from August

Chancellor Rishi Sunak unveiled plans for grants for freelancers of up to £6,570 which will also be available from that date.

29 May 16:16 Shropshire Star 3480199991461682133.html
A Goldman Sachs cryptocurrency report angered true fans

On Wednesday, Goldman Sachs released a report that outlined five reasons that cryptocurrency is not an asset class or a suitable investment .

29 May 16:18 Pulse Live 3606876835520285505.html
Coronavirus: What help are self-employed getting from government?

What is being done for the five million self-employed people in the UK facing a sudden loss of income?

29 May 16:13 BBC News 3883826128120005093.html
Elon Musk just earned $780 million from Tesla — but there’s a catch

The monstrous compensation package for Tesla CEO Elon Musk is considered the largest of its kind in history, and it's starting to pay out.

29 May 16:29 Hard Fork | The Next Web 3990801510918146259.html
Debate over $600 in jobless aid to intensify as claims rise

The money, included in a government relief package enacted in March, is set to expire July 31.

29 May 16:22 WVLT 4089046911999331863.html
Govt to pay back $721m wrongly raised through robodebt

Finally bites the bullet.

29 May 16:01 iTnews 4425008560292427043.html
EUR/USD seen at 1.05 on a 3-month view – Rabobank

The euro rally o=bserved over the last two weeks has been fuelled by the coronavirus stimulus proposal says the FX analysts’ team at Rabobank, who see

29 May 16:39 FXStreet 4480975638859200407.html
USD/CAD: CAD’s best days are behind it – TDS

The Canadian dollar has pulled its US counterpart to 2, ½ month lows at 1.3710, the FX Analysts’ team at TD Securities, however, are sceptical about f

29 May 16:20 FXStreet 4480975639484281878.html
USD/JPY extends rebound and prints fresh daily highs above 107.70

The USD/JPY pair broke to the upside after moving sideways for hours during 107.05 and 107.30. It climbed to 107.82, hitting a fresh daily high as the

29 May 16:14 FXStreet 4480975640125513241.html
India's GDP growth dips to 3.1 per cent in January-March 2020; 4.2 per cent for fiscal year 2019-20

According to data by NSO, the GDP had expanded by 5.7 per cent in the corresponding quarter of 2018-19.

29 May 16:37 The New Indian Express 4718288653416740022.html
Britain pushing US to form 5G club of nations to cut out Huawei

Britain said Friday it was pushing the United States to form a club of 10 nations that could develop its own 5G technology and reduce dependence on China's controversial telecoms giant Huawei.

29 May 16:42 Tech Xplore 4945708898046145731.html
Hong Kong’s business hub status imperiled by security law | BusinessMirror

HONG KONG—A national security law proposed by China could imperil Hong Kong’s status as one of the world’s best places to do business. The law, approved Thursday in Beijing, led Secretary of State Mike Pompeo to say Washington will no longer treat Hong Kong, already reeling from anti-government protests and…

29 May 16:04 BusinessMirror 5065954827564128245.html
Growth pangs: Q4 GDP growth slows to 3.1%; FY20 clocks 4.2%

Agriculture, govt spending saviours; industrial, services growth shrink

29 May 16:31 BusinessLine 5283601757848979.html
GST hike in non-essential items ruled out

Govt says ‘no’ for printing notes to bridge deficit

29 May 16:04 BusinessLine 5283601895180070.html
China to restrict expansion of solar equipment producers

China intends to impose restrictions on expansion of solar equipment production to tackle overcapacity in the industry in the face of falling ...

29 May 16:50 CNA 5644198863900511980.html
Exclusive: Russia's Rosneft finds extended oil cuts painful - sources

Rosneft does not have enough crude to ship to buyers with which it has long-term supply deals, making it hard for the Russian company to continue ...

29 May 16:10 CNA 5644198864280130299.html
Aston Martin: Dealt Great Cards Now They Need To Play The Hand Better

Aston Martin recently reported disappointing Q1 results, continuing the share price free fall. Aston Martin shares are now down 94% since IPO, leaving many to w

29 May 16:02 Seeking Alpha 5725634556066896126.html
Gold Mining Stocks Flip From Losses To 5x Leveraged Gains

This 2020 gold price target of $3,000 is a little too aggressive in my view, but I would not be surprised if gold reaches this level at some point over the next

29 May 16:06 Seeking Alpha 5725634556590730102.html
Middleby's Premium Is Gone, But Longer-Term Demand Destruction Is A Real Concern

Covid-19 is hammering the foodservice industry, leading to a 9% organic decline in Commercial Foodservice revenue in Q1, and orders have declined sharply in Apr

29 May 16:06 Seeking Alpha 5725634557057497519.html
EU Releases 500 Million Euro Final Loan Tranche To Ukraine

The European Commission has approved the disbursement of the second and final 500 million-euro tranche of its macro-financial assistance to Ukraine.

29 May 16:37 Radio Free Europe / Radio Liberty 5891794162192106891.html
Parents returning from maternity or adoptive leave will be included in coronavirus wage subsidy scheme

PARENTS returning to work from maternity or adoptive leave will be included in a government scheme to subsidise their wages during the Covid-19 crisis.

29 May 16:45 independent 5894610846282852343.html
Pay.UK rolls out Request to Pay framework

Pay.UK has issued the message standards, rules and terms and condition for the development of Request to Pay services.

29 May 16:09 Finextra 6000504749932185863.html
US consumer spending plunged the most ever last month as savings spiked to a record high

A drop in spending could have a devastating effect on the US economy, as consumption is responsible for roughly two-thirds of gross domestic product.

29 May 16:14 Business Insider 6060062400507691438.html
RBI imposes Rs 4 crore penalty on Citibank

India Business News: MUMBAI: The Reserve Bank has imposed a penalty of Rs 4 crore on Citibank for non-compliance with various regulatory norms and directions of the centra.

29 May 16:35 The Times of India 6060938664764718987.html
Businesses told to start paying furlough bill from August

Chancellor Rishi Sunak unveiled plans for grants for freelancers of up to £6,570 which will also be available from that date.

29 May 16:19 Jersey Evening Post 6141642773543263189.html
Diane Dodds – Furlough changes incredibly difficult for some firms in NI

Around 200,000 people have taken part in an unprecedented official initiative to save jobs during the lockdown.

29 May 16:37 Jersey Evening Post 6141642774025947575.html
Statistics Canada expected to report GDP down nine per cent in March

Canada's economy had its worst quarterly showing since 2009 through the first three months of 2020, and may be headed to an even steeper drop, as steps taken to slow the spread of COVID-19 forced businesses to close and lay off workers.

29 May 10:25 CP24 1887544296495592171.html
UK pushes alliance to ditch Huawei tech

The UK government is looking at ways to reduce its reliance on Chinese technology, floating ...

29 May 10:12 Mobile World Live 2109488011218859836.html
Apple tops wearables Q1 growth, but wristbands, hearables lead the segment

The International Data Corporation (IDC) report says smartwatches and basic ones registered a decline in growth, which was offset by wristbands and hearables.

29 May 10:44 TechRadar 2111116915122049382.html
Zscaler Stock Is Thriving as More People Work From Home

The cloud-based security upstart’s growth is set to accelerate with a little assistance from a nationwide lockdown.

29 May 10:57 The Motley Fool 2231313658617563234.html
The 5 Biggest Social Security Lies You've Been Told

Myths and misconceptions surround the most-revered social program in the country.

29 May 10:06 The Motley Fool 2231313658812237160.html
'I wouldn't write him off': Clarkson tips Franklin to bounce back

The star Sydney forward could miss more than half the season after damaging his right hamstring at training.

29 May 10:12 Brisbane Times 2314609338330748523.html
Buy Foot Locker For 50% Upside as the Economy Reopens

Beaten and bruised FL stock is ready to rip higher as the U.S. economy reopens and rebounds in the coming months. Foot Locker has 50% upside.

29 May 10:01 InvestorPlace 24614509126127668.html
Avoid GE Stock? Depends if You’re Trading or Investing

General Electric may not make for a great investment, but GE stock it has some upside and a well-established bottom.

29 May 10:16 InvestorPlace 24614509530578689.html
3 Reasons to Buy Microsoft on the Next Dip

Microsoft stock is trying to make new highs, as bulls continue to bid the stock higher. Here are a few reasons to still like MSFT.

29 May 10:31 InvestorPlace 24614510083022809.html
Discounted Alibaba Stock Is a Tempting Buy Now

Alibaba stock is likely to come under short-term pressure, but its aggressive growth rate makes it a good long-term play.

29 May 10:46 InvestorPlace 24614510202687908.html
Lagos approves increase in passenger carriage for BRT buses

Regulated high capacity buses in Lagos operated by Primero Transport Services Limited and Lagos Bus Services Limited can now carry 42 passengers seated....

29 May 10:00 Latest Nigeria News, Nigerian Newspapers, Politics 2658445899943707849.html
Liberia embarks on a cost-reflective electricity pricing study

In efforts to attaining cost-reflective electricity pricing, the Liberia Electricity Regulatory Commission has begun a Cost of Service Study.

29 May 10:16 ESI-Africa.com 2679729878322978973.html
Will Zimbocash Succeed Where Others Failed As Alternative Currency?

Zimbabwe’s crypto community got lit up when it was reported that Zimbocash, a local cryptocurrency was listed on Bithumb. Whether Zimbocash will suceed.

29 May 10:30 iHarare News 2755902708300895592.html
Sensex rises 224 points, Nifty ends above 9,500-mark lead by pharma, FMCG stocks

The S&P BSE Sensex rose 223.51 points (0.69 per cent) to settle at 32,424.10, while the Nifty 50 ended at 9,580.30, up 90.20 points (0.95 per cent).

29 May 10:33 The Indian Express 2885715104334174037.html
Hap Seng records higher earnings in Q1

KUALA LUMPUR, May 29 — Hap Seng Consolidated Bhd’s net profit rose to RM160.38 million in the first quarter ended March 31, 2020 (Q1) from RM157.98 million in the same period last year. Revenue for the quarter, however, declined to RM1.48 billion from RM1.75 billion previously due to lower...

29 May 10:27 Malaymail 302165934963765165.html
Visitors to scan QR code to enter court buildings in Malaysia beginning June 1

PUTRAJAYA, May 29 — The Chief Registrar Office of the Federal Court (PKPMP) will introduce QR code system to record visitors entering the court premises nationwide starting this Monday (June 1). According to a media statement issued by the PKPMP today, the tracking system was part of efforts of...

29 May 10:21 Malaymail 302165935047952650.html
MDEC: Online business set to stay post-Covid-19

KUALA LUMPUR, May 29 — Malaysia Digital Economy Corporation (MDEC) expects the change in behaviour of consumers and local traders from conventional method to online business concept will be maintained even after Covid-19 ends. Its chief executive officer, Surina Shukri, said the main players in...

29 May 10:17 Malaymail 302165936170819041.html
Rail project expecting $100M shortfall, possibly $100M more | Honolulu Star-Advertiser

The Honolulu Authority for Rapid Transit got grim financial news Thursday, with no easy answers ahead.

29 May 10:05 Star-Advertiser 3439335388023101315.html
Editorial: Take hard look at Young Brothers plea for coronavirus relief aid | Honolulu Star-Advertiser

By the time much of Hawaii’s cargo reaches its final destination, Young Brothers LLC has touched it at some point. So alarm bells clanged loudly when the interisland shipper announced that the pandemic-related economic slump has pushed the company to the brink of its own shutdown.

29 May 10:05 Star-Advertiser 3439335388665228073.html
Hawaiian Electric suspends rate increase due to COVID-19 pandemic | Honolulu Star-Advertiser

Hawaiian Electric announced Thursday that it will no longer seek an increase in its rates on Oahu, due to the hardship to customers presented by the coronavirus pandemic.

29 May 10:05 Star-Advertiser 3439335388780230396.html
Hawaii budget shortfall now projected to be $2.3 billion | Honolulu Star-Advertiser

There was a lot of guesswork involved, but a panel of experts concluded Thursday that state tax collections will drop by 7% this fiscal year and another 12% next year, leaving Gov. David Ige’s administration with a whopping $2.3 billion budget hole to patch up.

29 May 10:05 Star-Advertiser 3439335389480001900.html
Nearly 1.5m payment holidays handed out by banks and lenders

UK Finance, the banking trade body, said it has now helped 30 million customer accounts during the coronavirus crisis.

29 May 10:32 Shropshire Star 3480199992435412658.html
Satoshi Nakaboto: ‘Winklevoss deal brings BTC trade to Samsung users in US and Canada’

Our robot colleague Satoshi Nakaboto writes about Bitcoin every fucking day. Welcome to another edition of Bitcoin Today, where I, Satoshi Nakaboto, tell you what’s been going on with Bitcoin in the past 24 hours. As Stephen Hawking used to say: Let’s get this bread! Bitcoin price We closed the day, May 28 2020, at […]

29 May 10:03 Hard Fork | The Next Web 3990801509920193077.html
Covid-19 Reinforced Our Coffee Addiction

JDE Peet's benefits from having the right timing and business mix to ride out the coronavirus pandemic. 

29 May 10:40 Bloomberg.com 4032480121862793494.html
Five Things You Need to Know to Start Your Day

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29 May 10:32 Bloomberg.com 4032480122692115282.html
Lockdown 5.0: In 'exit plan,' positive sign for Metro, malls, restaurants

New Delhi: Three days ahead of completing 68-day countrywide lockdown, the Centre is learnt to have come up with a roadmap of an exit plan from the crisis in its fourth extension of the restrictions...

29 May 10:16 www.thehawk.in 4118436624981788319.html
Want to buy an F1 team? Williams is considering selling

LONDON — Williams said on Friday it was considering selling its once-dominant but now struggling Formula One team as part of a strategic review. Williams G

29 May 10:19 Autoblog 4372976973658437779.html
USD/CHF dives to 4-week lows, around 0.9600 mark amid notable USD supply

The intraday USD selling bias picked up pace during the early European session and pushed the USD/CHF pair to near four-week lows, around the 0.9600 m

29 May 10:06 FXStreet 4480975638159874930.html
GBP/USD: The pound is set to see losses amid geopolitical strains

GBP/USD has struggled to take advantage of dollar weakness amid a slew of British issues. Sino-American tensions, Brexit speculation, and end of month

29 May 10:08 FXStreet 4480975639216110304.html
What is PKI? And how it secures just about everything online

Public key infrastructure (PKI) is a catch-all term for everything used to establish and manage public key encryption, one of the most common forms of internet encryption.

29 May 10:00 ITworld 4692569783651551709.html
CWB Financial reports Q2 profit down as provisions for credit losses soar

EDMONTON — CWB Financial Group reported its second-quarter profit fell compared with a year ago as the economy tanked due to the steps taken to slow the COVID-19 pandemic and its provisions for credit losses more than doubled.

29 May 10:47 KitchenerToday.com 52741009316985789.html
For Yamaha, WFH has ‘no connection with distraction’

It has been a huge learning for everyone, says two-wheeler giant’s India head Motofumi Shitara

29 May 10:26 BusinessLine 5283600583458466.html
We need to plan for the next round of NPAs

The RBI should draw up guidelines on rolling back rules on moratorium and NPA classification. Banks and NBFCs need financing so they are not held in suspension over debt servicing

29 May 10:19 BusinessLine 5283601533274248.html
How we helped Nigerian govt discover unremitted $55b from OICs — Trobell

Trobell International Limited, said it helped the Nigerian govt. recover over $55 billion in unpaid royalties from international oil companies

29 May 10:40 Premium Times Nigeria 5456729300115515614.html
Cash-strapped hotel workers "having to use foodbanks"

Staff lose out after a mix-up excludes them from HMRC furlough scheme

29 May 10:37 dailyrecord 552235480256478911.html
Stirling area recycling centres to reopen next week with reduced capacity

Household waste and recycling centres at Polmaise and Callander are to reopen to residents from Monday, June 1.

29 May 10:34 dailyrecord 552235480752041045.html
Travel disruptions, cost-cutting key issues for US business in China: Report

Global travel disruptions are the top concern for American businesses in China, of which many are cutting compensation and bonuses amid the ...

29 May 10:21 CNA 5644198862427091849.html
Travel disruptions, cost cutting key issues for US business in China: report

Global travel disruptions are the top concern for American businesses in China, of which many are cutting compensation and bonuses amid the ...

29 May 10:21 CNA 5644198862639954543.html
Writing Puts For Income With Downside Protection

Readers of my prior articles know I like writing Put options to generate income. This has enhanced my return on the cash I want in some accounts. Some option tr

29 May 10:42 Seeking Alpha 5725634556237243248.html
20 Lakh Crore Economic Package Was A Show Off By The Government: Abhishek Manu Singhvi

Senior Congress leader Abhishek Manu Singhvi attacked the government over a faltering economy. 'GDP is falling continuously,' he said adding that the 20 lakh crore economic package is a mere show-off by the government.

29 May 10:45 Abplive 5873643726212308916.html
Formula 1: Williams up for sale after £13m loss last year

The Williams Formula 1 team and wider company group are up for sale after posting a £13m loss last year.

29 May 09:13 BBC Sport 3883826128201386523.html
Traditional owners consider billion-dollar shot at Fortescue

Andrew Forrest's Fortescue Metals Group faces huge compensation claim after High Court rebuff.

29 May 09:09 Australian Financial Review 3974284487454465303.html
Need to know: Friday

The coronavirus pandemic is dominating global markets, business and politics. Here's our daily take on the most important stories, and some things to watch out for.

29 May 09:05 Australian Financial Review 3974284487543588038.html
What’s Keeping Stocks Afloat? The ‘Microsoft Market’

The tech giant is a mainstay of the industry that lets companies, governments and people navigate disruptions caused by the coronavirus and other threats.

29 May 09:00 Bloomberg.com 4032480122123540691.html
China plans to extend curbs on international flights until June 30 – US embassy

Chinese civil aviation authorities plan to extend until June 30 their curbs on international flights to contain the spread of the coronavirus, the U.S. embassy in Beijing said in a travel advisory on Friday.

29 May 09:32 Vanguard News 4125100339251815410.html
EXCLUSIVE: Staff to be made redundant at Tayside manufacturer after slump in orders

A Tayside manufacturer is to make dozens of people redundant as Covid-19 has resulted in a slump in orders.

29 May 09:49 The Courier 4275302766770585846.html
Google says use existing EU laws to govern AI

Doesn't want to see new laws created.

29 May 09:50 iTnews 4425008560587740750.html
South Korea: Lower rates and GDP downgraded – UOB

UOB Group’s Economist Ho Woei Chen, CFA, assessed the recent Bank of Korea (BoK) meeting and GDP outlook. Key Quotes “As expected, the Bank of Korea (

29 May 09:34 FXStreet 4480975638678406052.html
AUD/USD: The key resistance area at 0.6658/6706 continues to cap any attempt to break higher – Credit Suisse

AUD/USD is seeing a further attempt to break above the pivotal resistance zone at 0.6658/6706, which ideally continues to cap, according to analysts a

29 May 09:30 FXStreet 4480975639167725884.html
GBP/USD: Failing to take over the 1.2360 critical resistance

Friday's four-hour chart is showing the cable's failure to crack critical resistance at 1.2360, Yohay Elam, an analyst at FXStreet, informs. See: GBP/

29 May 09:49 FXStreet 4480975639407066565.html
Gold clings to gains near session tops, around $1725 region

Gold edged higher during the early European session and climbed back closer to the previous day's swing high, around the $1727 region. The precious me

29 May 09:32 FXStreet 4480975639874152108.html
Rupee appreciates 14 paise to close at 75.62; forex traders say investors await Q4 GDP data

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

29 May 09:14 Firstpost 4760741711730271823.html
Consumer confidence and economic climate partially recover in May

Consumer confidence and economic climate indicators “partially recovered” in May in Portugal, after having recorded “strong reductions in April” due to the covid-19 pandemic, the National Statistics Institute (INE) reported

29 May 09:00 The Portugal News Online 5173906807857735801.html
Film production and exhibition will dramatically change post Covid: Mani Ratnam

Ace film maker Mani Ratnam on Thursday said that the film production and exhibition business will see a dramatic change in the post-Covid world.“The film industry has witnessed changes in earlier days

29 May 09:32 BusinessLine 5283600309642718.html
‘Social IQ skills’ are the X-factor that women bring to tech companies

Apart from automation, technology needs soft and cognitive skills, believes HCl Technologies

29 May 09:29 BusinessLine 5283600704211494.html
Give us too the benefit of credit guarantee scheme: urban co-op banks to FM

UCBs are financially sound and are a key funding source for MSMEs, says petition

29 May 09:05 BusinessLine 5283601327982934.html
Tech spends in India to hit a 10-year low in 2020: Forrester

In 2020, India will have the slowest tech spending growth in at least a decade on account of sharp economic disruption due to the Covid-19 pandemic, according to a new report by market research firm F

29 May 09:14 BusinessLine 5283601692188326.html
Expat wonders why they don’t get “thanked” with S$100 utilities credits

Expat wonders why they don’t get “thanked” with S$100 utilities credits

29 May 09:00 The Independent 5308065342191514715.html
Tower Delivers Solid First-half Performance

Kiwi insurer, Tower Limited (NZX / ASX: TWR), has today announced a half year profit of $14.9 million after tax, a $3 million improvement on the same period last year.

29 May 09:00 SCOOP 5315658999302506095.html
Elon Musk gets a $770 million award as Tesla hits goals

He can't sell the shares yet, though.

29 May 09:49 Mashable 5336625363835630186.html
NNPC sets $10 oil production cost target by 2021 - Premium Times Nigeria

With its current unit cost between $9 and $22 per barrel, the NNPC says it has set an oil production cost target ceiling of $10 per barrel by 2021.

29 May 09:50 Premium Times Nigeria 5456729299558111876.html
ANALYSIS: How 12 years of unethical practices stunted growth of Nigeria’s solid minerals sector

The Nigerian mining sector is bedevilled by a number of problems, chief among which are shady practices that have been identified by NEITI audit reports.

29 May 09:35 Premium Times Nigeria 5456729299564271836.html
Pacific Premier Bancorp's Temporarily Elevated Expenses, External Factors To Pressurize Earnings

The acquisition of Opus Bank will lead to high expenses in the second and third quarters. External factors, including the decline in interest rates and the wors

29 May 09:26 Seeking Alpha 5725634556421611660.html
NEA: I See Reasons To Remain Long

NEA continues to trade at an attractive discount to its underlying value. Investment grade munis have a positive spread over treasuries on all points on the yie

29 May 09:50 Seeking Alpha 5725634557228053980.html
Softbank-backed Coupang becomes central to new South Korean COVID-19 outbreak | ZDNet

Over 100 new cases have been linked to Coupang facilities.

29 May 09:26 ZDNet 591556592049827281.html
Starling Bank raises £40 million as SME banking business picks up

Starling bank has raised a further £40 million from existing investors JTC and Merian Chrysalis Investment Company, bringing the total raised this year to £100 million.

29 May 09:05 Finextra 6000504749475274762.html
CBA offers $150,000 in seed funding to startups helping small businesses

Commonwealth Bank of Australia's fintech investment vehicle, X15 Ventures, is to run a virtual pitch event for startups with technology capable of supporting small business owners, with the winning ideas to receive seed funding of up to $150,000.

29 May 09:44 Finextra 6000504749789381857.html
Young’s says it expects ‘lower sales’ when customers return to pubs

The London-based pub company said it will not pay shareholders a dividend for the past year.

29 May 09:25 Jersey Evening Post 6141642775082663958.html
National Marker Company (NMC): High-quality custom signs endorsed by Carroll

National Marker Company (NMC) has been providing high-quality safety identification products and custom signs for more than 80 years.

29 May 09:13 Mining Technology 639193376105798344.html
Labrador Gold announces private placement to raise $3.5m

Canadian mining company Labrador Gold has announced that it intends to complete a non-brokered private placement to raise CAD3.5m ($2.54m).

29 May 09:10 Mining Technology 639193376634157569.html
Pound Sterling Could Actually Rise if Bank of England Slashed Interest Rates to Below Zero says Analyst

Speculation has been growing over the course of May that the Bank of England could soon announce it will cut interest rates to below zero in its ongoing battle to stem the negative economic impacts of the coronavirus crisis

29 May 09:22 The Pound Sterling Live 6614579506701340666.html
EUR/USD Forecast: Looking for a Fresh Chance to Buy

The EUR/USD exchange rate has finally cleared the 1.10 hurdle and is quoted at 1.1130 ahead of the weekend. Analyst and technical forecaster Richard Perry at Hantec Markets says he looks to now use an unwind within the pair's channel as a chance to buy

29 May 09:43 The Pound Sterling Live 6614579508192404869.html
Gold Price Forecast: Move Above $1735 Resistance Required for Bulls to Grab Control Again

The spot gold price is quoted at $1725 ahead of the weekend, with analysts and technical forecaster Richard Perry of Hantec Markets lays out the key levels to consider for traders now the market is back at a crossroads

29 May 09:46 The Pound Sterling Live 6614579508399769140.html
GBP/USD Forecast: "Breakout above $1.2360 Would Open a Test of Resistance at $1.2465"

The GBP/USD exchange rate is quoted at 1.2309 ahead of the weekend, with analyst and technical forecaster Richard Perry of Hantec Markets saying the pair is looking increasingly constructive, even if only because of Dollar weakness

29 May 09:43 The Pound Sterling Live 6614579508430576138.html
Finance ministry not in favour of raising GST rates on non-essential items

Although government has eased restrictions in the ongoing lockdown and allowed businesses to restart operations, India’s more than two-month-long lockdown and flight of migrant workers from urban and industrial centres have crippled economic activity.

29 May 09:08 Livemint 6614605818833713016.html
Reports of Qatar leaving Gulf bloc 'incorrect and baseless'

Qatar has denied reports that it plans to quit the Gulf Cooperation Council (GCC) as it prepares to mark three years of a blockade imposed by its neighbours Saudi Arabia, the United Arab Emirates (UAE), Bahrain and Egypt.

29 May 09:23 Aljazeera 6642629762839107251.html
Government reviews Bev Q amidst mounting complaints from the public

Mounting exasperation among the public over the glitches in the smartphone-based liquor purchase application, Bev Q, has forced the government to rethink its plans.Excise Minister T. P. Ramakrishnan h

29 May 09:41 The Hindu 6679535024513624905.html
Foreign Direct Investment inflows into Tamil Nadu declined by 8.5% in 2019-20

A senior State government official however said it had been a good year for investments for Tamil Nadu

29 May 09:56 The Hindu 6679535025505014256.html
What every Canadian investor needs to know today

A look at the morning’s market action

29 May 09:55 The Globe and Mail 68426409987949127.html
Canadian companies are slow-walking, not running, back to the office

Nearly a third of respondents in a recent survey feel the safest course, for now, is to ask employees who are currently working from home to keep working from home

29 May 09:00 The Globe and Mail 68426410968363077.html
Foreign Exchange Reserves Soar To Record High Of $490.04 Billion

The country's foreign exchange reserves swelled by $3.005 billion to a lifetime high of $490.044 billion in the week to May 22.

29 May 15:36 NDTV.com 5090057681989877129.html
RBI Imposes Rs 4 Crore Penalty On Citibank Over Non-Compliance Of Regulations

The action will not affect the bank's customers, RBI clarified

29 May 15:20 NDTV.com 5090057682187508648.html
UK Wants 5G Club Of 10 Countries, Including India, To Cut Out China's Huawei: Report

Britain said Friday it was pushing the United States to form a club of 10 nations that could develop its own 5G technology and reduce dependence on China's controversial technology giant Huawei.

29 May 15:45 NDTV.com 5090057682471123066.html
Bus owners, drivers want curfew time lifted

Kampala, Uganda | THE INDEPENDENT | Bus owners and drivers have asked government to lift curfew times for buses and also allow buses ply border districts through a standard operating procedure. The bus drivers and owners were today appearing before the National Economy of Parliament which is scrutinizing the effect of the coronavirus (COVID-19) pandemic …

29 May 15:10 The Independent Uganda: 5099025989203943514.html
PAC queries UGX 573m payment of vehicle for Internal Affairs Minister

Kampala, Uganda | THE INDEPENDENT | Members of Parliament on the Public Accounts Committee- PAC central government are investigating an advance payment of the official vehicle for the Minister of Internal Affairs. The committee chaired by Budadiri West MP Nathan Nandala Mafabi was on Friday meeting officials from Ministry of Internal Affairs led by the …

29 May 15:55 The Independent Uganda: 5099025989856958296.html
Pandemic pain: Output of 8 core sectors contracts 38.1% in April

As expected, the lockdown wreaked havoc on the output of eight core industries in April, contracting 38.1 per cent for the month under review.The eight core industries — coal, crude oil, natural gas,

29 May 15:46 BusinessLine 5283600604803396.html
Q4 GDP reveals a sorry picture even before the onset of lockdown

With the coronavirus dragging the world economy into a recession, the Indian economy needs a more convincing stimulus than what has been unveiled so far

29 May 15:26 BusinessLine 5283601368307090.html
Economy needs the support of PSBs, says Union Bank chief

The country’s economy, which has been hit by the Covid-19 outbreak, needs support from the public sector banks (PSBs) to boost credit growth, said an official on Friday. The number of PSBs has come d

29 May 15:36 BusinessLine 5283601847633943.html
Telecom services unaffected by lockdown in May

‘Nearly 97 per cent of the 1.1 billion SIMs are pre-paid, and all of them are being recharged’

29 May 15:35 BusinessLine 5283602040507590.html
RBI imposes monetary penalty on 4 banks

The Reserve Bank of India (RBI), on Friday, said it has imposed a monetary penalty on Citibank (₹4 crore), Bharat Co-operative Bank (₹60 lakh), TJSB Sahakari Bank (₹45 lakh), and Nagar Urban Co-operat

29 May 15:50 BusinessLine 5283602141934001.html
Water And Wastewater Price Changes From 1 July 2020

Prices for water and wastewater services in Auckland will increase by 2.5 per cent from 1 July 2020.

29 May 15:32 SCOOP 5315658998395320886.html
Council Approves City Recovery Fund

Wellington City Council has adopted a framework to manage the new Tipu Toa: Build back better, City Recovery Fund.

29 May 15:15 SCOOP 5315658998857841208.html
German official sees Lufthansa bailout in reach, demands fairness

The Berlin government is likely to reach a deal with Brussels on a US$10 billion government bailout of stricken airline Lufthansa , senior ...

29 May 15:50 CNA 5644198863583995094.html
Bears Trade By Day, Bulls By Night

Stock market returns for the month of May have been an overnight phenomenon. Fed liquidity is the only thing fueling this fundamental-less rally. Consensus earn

29 May 15:04 Seeking Alpha 5725634556049895534.html
ReneSola Ltd (SOL) CEO Yumin Liu on Q1 2020 Results - Earnings Call Transcript

ReneSola Ltd (NYSE:SOL) Q1 2020 Earnings Conference Call May 29, 2020 08:30 AM ET Company Participants Gary Dvorchak - The Blueshirt Group Asia Yumin Liu - Chie

29 May 15:45 Seeking Alpha 5725634556058519391.html
GetSwift: A Smart Bet On The Post-Corona Delivery Revolution

GetSwift’s Growth Has Accelerated After Coronavirus Led to More Deliveries and Delivery Model Becomes Widespread Post-Coronavirus. Restaurants Prefer Controllin

29 May 15:41 Seeking Alpha 5725634556765477411.html
New York Community Bancorp: Nice Little Trade

While short-term traders are locking in profit, we think you can stay in this in the longer term. When the company reported earnings, New York and the Tri-State

29 May 15:24 Seeking Alpha 5725634556947087874.html
Etsy: A Niche E-Commerce Poised For Growth

Etsy has been firing on all cylinders since 2017 increasing both growth and profitability. Etsy is facing competitive threats from its larger rivals. However, t

29 May 15:18 Seeking Alpha 5725634557298342297.html
Exxon Mobil: Higher Oil Prices To Recover Share Price

Exxon Mobil is one of the world’s largest oil and gas companies. The company’s business has been hit hard by coronavirus outbreak but oil prices may quickly rec

29 May 15:07 Seeking Alpha 5725634557464795764.html
Essential Properties: E-Commerce-Resistant Real Estate For The Long Term

Since EPRT focuses on service and experience tenants, it has been hit particularly hard by COVID-19, but it should also fare well in the e-commerce dominated wo

29 May 15:15 Seeking Alpha 5725634557744341543.html
PayPal: Shares Lack Further Upside At The Current Valuation

PayPal has undergone an explosive rally in its share price. Future expectations are set too high. The current valuation does not justify the company's future po

29 May 15:37 Seeking Alpha 5725634557821507936.html
Central Bank of Liberia Board Announces Reduction in Monetary Policy Rate

MONROVIA – The Board of Governors of the Central Bank of Liberia (CBL), during its 28 May 2020 sitting, approved a reduction in monetary policy rate to 25%. This comes three months after the CBL’s Board of Governors approved to maintain the monetary policy rate of 30% in February. This move is indicative of the […]

29 May 15:57 FrontPageAfrica 5766546264806783266.html
Federal government to clear all Centrelink robo-debts, refund money

More than $720 million raised through the Morrison government's controversial Centrelink robo-debt program will be refunded.

29 May 15:48 The New Daily 5848147787122832742.html
Vancouver-based mobile ordering app offers alternative to 'exorbitant fees'

The same week Vancouver's mayor threatened to cap delivery service fees at 15 per cent, a local mobile app provider is reminding restaurant owners their standard fee is already a "reasonable" rate of five per cent.

29 May 15:22 City NEWS 1130 5858657120746068502.html
Advisors, beef processors and Sheiks top list of largest farm subsidy payments in 2019

Agricultural advisors, semi-State companies, Larry Goodman and Sheiks are among the top beneficaries, as well as farmers, of EU farm payments, according to the latest list of CAP beneficaries published by the Department of Agriculture. 

29 May 15:08 independent 5894610845138235692.html
Tesla (TSLA) gets optimistic outlook from Wall St as Q2’s final month approaches

Tesla (NASDAQ: TSLA) recently received an optimistic outlook from Goldman Sachs analysts, with the Wall St. firm maintaining a “Buy” rating on the electric car maker. The updated price target on the company was posted by Goldman Sachs analyst Mark Delaney, who raised TSLA stock’s target from $864 to $925 per share, AnalystRatings reported. TSLA […]

29 May 15:30 Teslarati 613467574464848614.html
Crude has best month

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

29 May 15:56 Castanet 616068602941075087.html
Household income surged in April despite the collapsing labor market

CARES Act benefits worked really well.

29 May 15:00 Vox 6416095789552538487.html
Pound-to-Australian Dollar Rate Won't be Spared by China's Moves against Australia Or USD/CNH

The Pound vs Australian Dollar: Latest GBP/AUD Forecasts, News and Analysis

29 May 15:25 The Pound Sterling Live 6614579508317143090.html
Coronavirus lockdown | Eight States, UTs yet to lift foodgrains meant for migrant workers

Eight States have so far not lifted any foodgrains allocated by the Centre under the Atma Nirbhar Bharat package, which aims to ensure free supply of foodgrains to all migrants who are not covered und

29 May 15:37 The Hindu 6679535025211323193.html
COVID-19 Impact on Online Lending: Report

The online lending industry has probably suffered more than any other sector of Fintech during the COVID-19 crisis. Borrowers, both businesses and consumers hav

29 May 15:34 Crowdfund Insider 6834688072787632932.html
Ukraine expects US$5 bln IMF loan approval on June 5 – PM Shmyhal

The first tranche of US$1.9 billion may be disbursed the following day.

29 May 15:40 UNIAN 6863008970523992909.html
Amazon.com, Inc. (NASDAQ:AMZN) Stock Position Increased by Mogy Joel R Investment Counsel Inc.

Mogy Joel R Investment Counsel Inc. increased its position in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 0.1% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 17,475 shares of the e-commerce giant’s stock after buying an additional 24 shares during the quarter. Amazon.com comprises […]

29 May 15:14 Markets Daily 6922190227024327931.html
Swiss National Bank Has $3.19 Billion Holdings in Amazon.com, Inc. (NASDAQ:AMZN)

Swiss National Bank increased its position in Amazon.com, Inc. (NASDAQ:AMZN) by 23.4% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,635,551 shares of the e-commerce giant’s stock after acquiring an additional 309,700 shares during the period. Amazon.com comprises about 3.4% of Swiss National […]

29 May 15:14 Markets Daily 6922190227095560321.html
Lucia Wealth Services LLC Has $521,000 Holdings in Amazon.com, Inc. (NASDAQ:AMZN)

Lucia Wealth Services LLC raised its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 25.9% during the 1st quarter, Holdings Channel.com reports. The institutional investor owned 267 shares of the e-commerce giant’s stock after acquiring an additional 55 shares during the quarter. Lucia Wealth Services LLC’s holdings in Amazon.com were worth $521,000 at the end of the […]

29 May 15:14 Markets Daily 6922190227555890997.html
Sound the trumpet! Debt jubilees have arrived

Some of the pandemic relief policies around the world are a grand gesture towards forgiveness

29 May 15:59 Ft 707176888274203991.html
Sony on track for PS5 launch despite supply-chain challenges

Latest PlayStation console expected to launch globally in the final quarter of 2020

29 May 15:00 Ft 707176889118386491.html
Leo Varadkar says schools will be reopened by the end of August

Taoiseach Leo Varadkar has said that both primary and secondary schools will be reopened by the end of August for the start of the academic year

29 May 15:55 Buzz.ie 7092425148183404313.html
Over 120 Billion Idle XRP Tokens Moved: Volatility Is Near

Ripple’s XRP token is going through a stagnation phase without giving any clear signs of where it is headed next. The cross-border remittances token has been co

29 May 15:00 NewsBTC 7232133510407043702.html
EU expresses 'grave concern' over developments in Hong Kong

The EU’s Foreign Policy chief Josep Borrell defended the 'one country, two systems' principle but no sanctions against China have been put on the table.

29 May 15:28 euronews 7318238121838195069.html
Main Street’s Pandemic-Led Shift To Digital Innovation

With the lockdown of the United States economy, SMBs faced the choice of finding digital ways to reach customers or run the risk of going out of business.

29 May 15:00 PYMNTS.com 7357138824777056150.html
Global champagne sales fizzle amid coronavirus pandemic because people aren't celebrating

Now this is just cham-painful.

29 May 15:09 Fox News 7362823821073121897.html
Robotic Process Automation can help the public sector battle COVID-19

Teemu Vieruaho, Digital Workforce, discusses how Robotic Process Automation can help fight the public sector’s battle against COVID-19

29 May 15:25 Open Access Government 7441385494666753169.html
UK chief negotiator rules out fish for financial services Brexit deal

Britain’s chief Brexit negotiator has ruled out any deal giving European boats access to UK waters in return for better conditions for British financial services in the EU’s Single Market. The EU and the UK are deeply divided over fishing in free trade negotiations ahead of the next round of talks, which

29 May 09:57 Yahoo 7097669637833631090.html
Bullring and Grand Central back to full opening on June 15

Birmingham city centre's Bullring and Grand Central has announced that it will officially re-open on 15 June, in line with the latest guidance from the Government.

29 May 09:19 Express & Star 7324224459758422608.html
Minister to join in chamber event

Minister for International Trade Greg Hands will be taking part in a Black Country Chamber of Commerce online Zoom event on Friday, June 5.

29 May 09:35 Express & Star 7324224460486938314.html
Young’s says it expects ‘lower sales’ when customers return to pubs

The London-based pub company said it will not pay shareholders a dividend for the past year.

29 May 09:23 Express & Star 7324224460547260438.html
Renault Cutting Nearly 15,000 Jobs Worldwide to Save Costs

Renault announced it will be cutting 14,600 jobs around the world in a bid to save costs during the pandemic.

29 May 09:46 Interesting Engineering 7328942541817317440.html
Lagos supports 2,204 businesses in one year to reduce unemployment

Lagos State Commissioner for Wealth Creation and Employment, Mrs Yetunde Arobieke said the Lagos State Employment Trust Fund (LSETF) has supported 2,204 businesses to expand with the aim of reducing unemployment in the state.

29 May 09:56 The Guardian 7580308503854247712.html
Vodafone Idea: No proposal before Board on stake sale to Google, but evaluating various opportunities

The Financial Times had reported that Google was exploring to buy a 5% stake in Vodafone Idea.

29 May 09:32 The Economic Times 7653256037222191068.html
Debt market’s love for G-Secs & PSU papers is here to stay

Risk of a high-quality portfolio is volatility, as underlying securities are traded frequently.

29 May 09:45 The Economic Times 7653256037773156305.html
Auto sector will feel the maximum pain this year: Prashant Jain

‘The impact on wages is significant and auto is a discretionary product

29 May 09:40 The Economic Times 7653256038332309529.html
Invest India holds virtual panel discussion for global investors

During the discussion, Ajay Prakash Sawhney, secretary in the Ministry of Electronics and Information Technology, highlighted the various initiatives undertaken by the government, including the production linked incentive scheme and scheme for promotion of manufacturing of electronic components and semiconductors.

29 May 09:42 The Economic Times 7653256038414679268.html
How Coronavirus is Impacting Digital Payments in Emerging Markets

Emerging markets have been the scene for creative innovations in payments for the last decade, says Wirex CEO Pavel Matveev.

29 May 09:15 Computer Business Review 8072376451544064043.html
Rupee settles 14 paise higher at 75.62 against US dollar

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

29 May 09:00 The Hans India 817019414843662664.html
Euro zone flash inflation at four-year low in May

Consumer prices in the 19 countries sharing the euro declined by 0.1% in month of May

29 May 09:29 The Irish Times 8204772967474581304.html
Crashed Pakistan A320 jet insured for $19.7 million: airline document

SYDNEY/LONDON (Reuters) - The Pakistan International Airlines (PIA) Airbus SE A320 jet that crashed into a crowded residential district of Karachi last week killing 97 people on board was insured for $19.7 million, an airline document showed.

29 May 09:01 Reuters 8334514180463444176.html
China excludes clean coal projects from list eligible for green bonds

SHANGHAI (Reuters) - China has excluded “clean coal” from a list of projects eligible for green bonds, according to long-awaited new draft guidelines published by the central bank on Friday.

29 May 09:49 Reuters 8334514180544979672.html
SoftBank leads $500 million fundraising for Didi's self-driving unit

BEIJING/SHANGHAI (Reuters) - China’s Didi Chuxing said on Friday it had completed a fundraising round of over $500 million for its autonomous driving subsidiary that was led by SoftBank Group’s (9984.T) Vision Fund 2.

29 May 09:27 Reuters 8334514181194183925.html
Starling Bank Scores Another £40 Million from Existing Investors

Starling Bank, a UK-based challenger bank, has raised £40 million (around $49.2 million) in the latest funding round from its existing investors.

29 May 09:24 Finance Magnates 8992138264945837691.html
SpiceJet Becomes India's First Carrier to Deliver Essential Supplies, E-Commerce Goods Via Drones

New Delhi (Sputnik): As the coronavirus pandemic has put restrictions on the unessential movement of people and services, drones have spearheaded contactless deliveries...

29 May 09:23 Sputniknews 967333868140545142.html
Ifac advises Tipperary farmers about new TAMS 11 closing date

Ifac, the farming, food, and agribusiness professional services firm, is reminding Tipperary farmers that the Department of Agriculture has made a number of extensions to the Targeted Agricultural Mod...

29 May 10:59 TipperaryLive 1097599578126792326.html
Land acquisition to be made easier in Uttar Pradesh

Continuing his efforts to promote industrialisation in the state, Uttar Pradesh Chief Minister Yogi Adityanath has now issued directions to amend.

29 May 10:53 The Statesman 1191309782650570159.html
Lockdown 5.0: In 'exit plan,' positive sign for Metro, malls, restaurants

The new guidelines for the extended lockdown, however, will be comparatively much stricter for 13 worst COVID-19-hit cities.

29 May 10:34 Mumbai Mirror 1209961191718580845.html
Vodafone-Idea share price jumps 15%, Google mulls 5% stake buy in cash-strapped telco

Struggling telecommunications firm Vodafone-Idea saw its share price jump 15% in the initial few minutes of trade on Friday as investors reacted to the news of internet giant Google considering a 5% equity stake buy in the company.

29 May 10:08 The Financial Express 1288289579567506377.html
Market LIVE: Sensex ends 600 pts up from day’s low, Nifty settles at 9,568; HDFC, ITC among top contributors

Share Market News Today | Sensex, Nifty, Share Prices LIVE: BSE Sensex and Nifty 50 turned positive in the late afternoon deals on Friday. Nifty 50 index reclaimed 9,500-mark to trade at 9,521

29 May 10:04 The Financial Express 1288289579708855097.html
Tax Deducted at Source: Quarterly payment of TDS could be a ‘Saviour’ for taxpayers in Corona crisis

It is hoped that the Income Tax Department will be empathetic to the problems faced by taxpayers and a pragmatic view shall be taken to allow taxpayers to make the quarterly payment of TDS under Rule 30(3).

29 May 10:47 The Financial Express 1288289579710552737.html
With rooms, flights going empty, here’s how airlines and hotels are making money

Two of the worst hit sectors due to coronavirus -- aviation and hotel industries -- are eyeing alternate revenue streams as lockdown dries up revenues.

29 May 10:55 The Financial Express 1288289579963349779.html
Champagne sales dip as world goes into warlike depression amid coronavirus

Global champagne sales are forecast to slump by a third, or 100 million bottles, this year as the coronavirus crisis shuts bars and restaurants worldwide and hammers economies. 

29 May 10:05 The Financial Express 1288289580282036656.html
UP signs MoUs with industry bodies to create 1.1 million jobs for migrants

The migrant workers will lay the foundation of New UP, says CM Adityanath

29 May 10:32 Business-Standard 1502508924635598202.html
Top headlines: GDP growth slips to 3.1% in Q4FY20; 4.2% in 2019-20

Business Standard brings to you the top headlines of the day

29 May 10:25 Business-Standard 1502508926046619621.html
Bitcoin May Surge as Chinese Yuan Gets Fixed to Lowest Price in a Decade

Unlike Bitcoin and other free markets, the Chinese yuan market is fixed and somewhat controlled by the country's central bank. As Wikipedia describes:

29 May 10:00 Bitcoinist.com 1696346937759561100.html
Huawei edges ahead of Apple’s iPad in the falling Chinese tablet market

The Chinese tablet market has been seeing a decline overall during the first quarter of 2020. But despite the slump in the market, the Chinese vendor, Huawei has managed to edge ahead of Apple’s iPad in the same segment. Earlier this year, the Coronavirus pandemic had initially broken out in China. This caused various complications …

29 May 10:08 Gizmochina 1751854814335264285.html
Greece to open to tourists from 29 countries in June

Greece has said it will open to visitors from 29 countries from 15 June, days before its peak tourism season begins, although Ireland is not on the list of countries.

29 May 15:33 RTE.ie 7595237279033608721.html
Williams set to sell Formula One team following financial losses

Williams are considering selling their Formula 1 team due to growing financial pressures.This mo...

29 May 15:23 Newstalk 7635722258021998036.html
Sebi imposes Rs 28 lakh fine on 14 individuals for fraudulent share trading

Sebi has levied Rs 28 lakh fine paid jointly or severally by 14 individuals.

29 May 15:47 The Economic Times 7653256038285263328.html
Volkswagen invests 2 billion euros in Chinese electric vehicle sector

Volkswagen said on Friday it will invest around 2 billion euros ($2.2 billion) in two Chinese companies in the electric vehicle sector, calling it "the world's biggest market".

29 May 15:00 The Jakarta Post 7678601103705089704.html
Magic Leap is looking for a new CEO as founder Rony Abovitz is stepping down

Abovitz said in a message on the company’s website that after securing “significant” new funding and pivoting to focus on delivering a spatial computing platform for enterprise clients, both he and the board agreed that a change in his role…

29 May 15:12 TechSpot 7732733959875267738.html
Amazon in talks for new 750-worker Dublin office despite virus

Amazon is in talks to rent an office block in Dublin with space for about 750 workers.

29 May 15:33 Irishexaminer 8196011178734758206.html
Decision on accelerating easing of restrictions to be made next week

Taoiseach Leo Varadkar has said that the country is on track for phase two of the lockdown exit plan but any easing of restrictions cannot be “accelerated unsafely”.

29 May 15:19 Irishexaminer 8196011179436062149.html
Stocks tumble ahead of Trump's China press conference

May 29 (UPI) -- President Donald Trump's upcoming news conference on China Friday shook up stocks in morning trading on Wall Street, as the White House could respond to the communist country's action against Hong Kong.

29 May 15:03 UPI 8257973864402685316.html
Stocks recover after Trump's announcement on Hong Kong

May 29 (UPI) -- President Donald Trump's planned news conference on China shook up stocks early Friday, but the major indexes mostly recovered by the end the day after his announcement revealed no changes to trade with Beijing.

29 May 15:03 UPI 8257973865438106732.html
Libertex Parent Pays €160,000 to Settle Violations with CySEC

The Cyprus Securities and Exchange Commission (CySEC) has just announced that it has reached a settlement with Indication Investments Ltd, fining the firm €160,000.

29 May 15:51 Finance Magnates 8992138265918596040.html
Amazon looks to offer full-time jobs to thousands of Arizona seasonal workers

After announcing in March that online retail giant Amazon.com Inc. would hire 6,500 seasonal, part-time employees in Arizona to cope with increased demand for products amid the spread of the coronavirus, the company is looking to turn many of those jobs into full-time positions.

29 May 15:16 ABC15 Arizona 911680911014895106.html
Ecolab closes sale of Holchem Group to Kersia

Ecolab Inc. (St. Paul, Minn.) closed on the sale of Holchem Group Limited, a U.K.-based supplier of hygiene and cleaning products and services, to Kersia,

29 May 15:14 Chemical Engineering 9204118373232241829.html
BP licenses PTA technology to Weilian Chemical

BP plc (London, U.K.) has entered into an agreement to license its latest generation technology for the production of purified terephthalic acid (PTA) to C

29 May 15:21 Chemical Engineering 9204118374904920419.html
India Heads for Recession as GDP Growth Dips to Lowest since 2012

New Delhi (Sputnik): The Indian economy had been slowing down since 2018 due to the combined impact of the US-China trade war as well as instability in domestic...

29 May 15:30 Sputniknews 967333868561740389.html
Diane Dodds says north faces 'long, hard road to recovery'

Economy minister Diane Dodds has warned the north faces a "long, hard road to recovery" as it battles the "economic shock" of the coronavirus lockdown.

29 May 15:26 The Irish News 993065904810760.html
Sensex ends 6% higher this week, Nifty Bank surges 12%; check key factors behind markets’ upmove

Sensex recovered 600 points from day's low to end at 32,424 while Nifty 50 index settled at 9,580. During this week both Sensex and Nifty gained 6 per cent each

29 May 16:13 The Financial Express 1288289580100942891.html
CIL’s coal allocation under e-auction for non-power sector up 3-folds in April

Coal India Ltd (CIL) had allocated 1.20 MT of dry fuel to the sector under the scheme in April 2019, as per latest government data.

29 May 16:00 The Financial Express 1288289580250248714.html
Indian entrepreneurs gave this many high paying jobs to America; US-India trade ties can help startups boom

The strengthening of US-India bilateral ties could be a major proponent for startups to flourish and both countries can benefit if more startups are encouraged to work in America.

29 May 16:59 The Financial Express 1288289581592490170.html
Travel outlook uncertain, demand may fall amid Covid-19 crisis: Vistara

Domestic air travel resumed on Monday after a span of two months and a majority of passengers in the first four days were those, who were left stranded in different parts of the country.

29 May 16:35 Business-Standard 1502508925169497916.html
Tamil Nadu CM to invite 13 prominent tech companies to invest in state

The move is aimed at cashing in on the opportunities arising with companies planning to exit from countries like China and looking to relocate their manufacturing activities to countries like India

29 May 16:53 Business-Standard 1502508925295705574.html
After Vedanta, Adani Power to go for delisting; board meet on June 3

The conglomerate has so far maintained a strategy to incubate a business and monetize it through public listing at a later stage.

29 May 16:36 Business-Standard 1502508926408949693.html
Sebi warns TCS over disclosure of material information to investors

Sebi has also asked the company to ensure that disclosures provide adequate, accurate, explicit and timely information to the investors

29 May 16:41 Business-Standard 1502508926467258119.html
Lithuania’s Central Bank to Fully Deploy its Blockchain Platform By Year-End

The Bank of Lithuania announced that it had completed the research phase of its blockchain project called LBChain.

29 May 16:00 Bitcoinist.com 1696346936379453582.html
Rajeev Chandrasekhar highlights problems of women entrepreneurs in letter to FM

In the midst of the coronavirus outbreak, Member of Parliament, Rajeev Chandrasekhar has written to Union Finance Minister, Nirmala Sitharaman pointing out the challenges that the Women Entrepreneurs are facing.

29 May 16:16 Oneindia 2023829371450564090.html
Forbes says Kylie Jenner is no longer a billionaire, claims she FORGED tax returns

Forbes says Kylie Jenner is not a billionaire - after originally naming her the youngest billionaire ever - claims she fabricated financial documents to support the false claim. On Friday, Forbes called out Kylie Jenner and

29 May 16:52 LailasNews.com 2090029850703061700.html
Here's Why Zoom Stock Has Been Soaring -- and What to Expect Going Forward

Following a more than doubling of its stock over the last six months, expectations are high going into the videoconferencing company's earnings report next week.

29 May 16:28 The Motley Fool 2231313657223672555.html
Why Aurora Cannabis Stock Dropped 10% This Morning

Investors seem uncertain that a relatively big bet on CBD oil will pay off.

29 May 16:55 The Motley Fool 2231313658395817551.html
Study: Social Security Recipients Could Face Benefit Cuts This Decade

COVID-19 could result in benefits being cut even sooner than you think.

29 May 16:02 The Motley Fool 2231313658537022390.html
Sign of Some Upside Ahead for Boeing Stock

Boeing is one of the names most battered by the novel coronavirus, but with airlines starting to perk up, the stock could be a winner.

29 May 16:02 InvestorPlace 24614510072672590.html
The 5 Best 5G Stocks on the Market Today for Investors

From chipmakers to wireless networks, these 5G stocks offer potential investors a few different angles to play the upcoming 5G rollout.

29 May 16:31 InvestorPlace 24614510710842246.html
Are Jobs Returning In Reopened States?

States open the longest have been a mixed bag.

29 May 16:19 FiveThirtyEight 6485396906754951063.html
Delhi HC vacates order restraining Vedanta from invoking bank guarantees

Senior advocate Harish Salve appearing for the Vedanta submitted that at the outset the law relating to Bank Guarantees is very well settled

29 May 16:48 Livemint 6614605817711808720.html
Railways to operate 10 more passenger trains from June 1

Federal Minister for Railways Sheikh Rasheed Ahmed said on Friday that from June 1, around 10 additional passenger trains will begin operations.Talking to a private news channel, the minister said

29 May 16:46 Pakistan Today 6621510369153191974.html
Chancellor extends coronavirus support for self-employed but for the final time

Rishi Sunak confirmed the scheme would not be coming to an end and that the self employed would be able to claim a grant for the second and final time

29 May 16:09 mirror 675785259793435323.html
Alfa Romeo to cover finance payments on new cars if you lose job due to coronavirus

The car manufacturer has become the first in the UK to cover finance payments for owners of new vehicles for up to seven months at no cost to the driver if they lose their job due to Covid-19

29 May 16:45 mirror 675785259917038448.html
Insurtech Trov Partners With P&C Insurer Seguros Sura Brazil to Bring On-Demand Insurance to Brazil

Trov, a U.S.-based insurtech company, announced earlier this week it has formed a new partnership with Seguros Sura Brazil, a Latin American P&C insurer, to

29 May 16:03 Crowdfund Insider 6834688072757185416.html
Pie Insurance Secures $127 Million Through Latest Investment Round

Insurtech startup Pie Insurance announced on Thursday it secured $127 million through its latest investment round. The companies that participated in the fundin

29 May 16:11 Crowdfund Insider 6834688073308331280.html
EU approves EUR 500 mln in macro-financial assistance to Ukraine

The EU has now provided Ukraine with EUR 3.8 billion in MFA loans since 2014.

29 May 16:00 UNIAN 6863008971521828451.html
Powell: Fed to soon begin 'challenging' Main Street lending

Federal Reserve Chair Jerome Powell acknowledged Friday that the Fed faces a major challenge with the launch in the coming days of a program that will lend to companies other than banks for the first time since the Great Depression. The Fed's Main Street Lending is geared toward medium-sized companies

29 May 16:32 Yahoo 7097669637241546790.html
Mysterious Bitcoin Whale Who Kickstarted Previous Crashes Appears Again

Blockchain data has revealed that a mysterious Bitcoin whale that's transacted over $350 million worth of BTC has just received a large sum of supply.

29 May 16:00 NewsBTC 7232133510272570582.html
New self-employment grant and furlough details: What does it all mean?

Businesses will need to start contributing to furloughed wages and the self-employed can apply for a new grant from August.

29 May 16:17 Express & Star 7324224458924579670.html
Businesses told to start paying furlough bill from August

Chancellor Rishi Sunak unveiled plans for grants for freelancers of up to £6,570 which will also be available from that date.

29 May 16:17 Express & Star 7324224459007859669.html
Diane Dodds – Furlough changes incredibly difficult for some firms in NI

Around 200,000 people have taken part in an unprecedented official initiative to save jobs during the lockdown.

29 May 16:34 Express & Star 7324224459490544055.html
India had started to see green shoots before coronavirus hit us: FM Nirmala Sitharaman

Indian economy grew at 3.1% in the last quarter of FY 2019-20.

29 May 16:32 DNA India 7533428661184986592.html
Wage subsidy scheme opened up to women returning from maternity leave

People returning from maternity leave are now able to access the Temporary Wage Subsidy Scheme.S...

29 May 16:08 Newstalk 7635722258000930896.html
RCF Q4 results: Profit jumps nearly 3-fold at Rs 142 crore

Its net profit stood at Rs 47.16 crore in the year-ago period, the company said in a regulatory filing.

29 May 16:25 The Economic Times 7653256036939893691.html
India urges for wider information sharing under tax treaties within BRICS

The tax heads of other BRICS nations shared the measures taken by their respective tax administrations and their thoughts on other agenda items like tax challenges posed by digitalisation and exchange of information.

29 May 16:30 The Economic Times 7653256037245620873.html
Be careful in dealing with material info disclosure to investors: Sebi warns TCS

The regulator has asked the IT major to provide adequate and timely information.

29 May 16:18 The Economic Times 7653256037365839817.html
Wearable device shipments increased nearly 30 percent YoY in Q1

Notably, IDC said growth was disproportionately spread across various form factors of wearables. The earwear category grew an impressive 68.3 percent and accounted for 54.9 percent of the entire wearables market. Fitness trackers, meanwhile, grew by 16.2 percent during the same period.

29 May 16:08 TechSpot 7732733959860413757.html
EU promises billions to help companies weather the impact of Covid-19

Investment will focus on healthcare, space, defence, digital and green technologies

29 May 16:34 The Irish Times 8204772967943603242.html
Bithera to Launch Cryptocurrency Exchange and Start BHC Staking Program on May 30th, 2020

With the rapid growth of Bitcoin and thousands of other digital currencies, in just over 10 years, cryptocurrency has become a “fever” that attracts many technology engineers and investors worldwide. It only takes one opportunity of owning some virtual currencies such as Bitcoin, ETH, XRP, BNB, etc. for your assets to increase unlimitedly to thousands, even millions of times.

29 May 16:14 BTC Manager 8549607151263353159.html
Coronavirus: AIFF decides to delay start of 2020-’21 Indian football season due to pandemic

The AIFF said it was done by following the guidelines issued by the world body Fifa as well as those by the Indian government.

29 May 16:21 Scroll.in 8669301692313821142.html
Labor calls to lift cap on home-loan deposit scheme to help construction

Labor is pressing the government to open its first home loan deposit scheme to all eligible people building a new home to help the struggling sector.

29 May 18:00 Brisbane Times 2314609339599380492.html
Why Macy’s Stock Can Climb 70% Higher in 2020

Macy's stock plunged on the idea that the world would never be normal again after Covid-19. But the world is already normalizing today.

29 May 18:01 InvestorPlace 24614509631822086.html
Zscaler Earnings: ZS Stock Soars 26% on Strong Q3 Beats

Zscaler (ZS) earnings for the cloud security company's fiscal third quarter of 2020 have ZS stock flying higher on Friday.

29 May 18:12 InvestorPlace 24614510491616865.html
Alibaba Stock Bulls Shouldn’t Sweat Delisting

A new hurdle for Alibaba stock is a push to delist Chinese stocks over strict accounting rules, but long-term investors should be fine.

29 May 18:14 InvestorPlace 24614510635011452.html
Why Virgin Galactic Is Still Dreaming of Space Travel

Although the markets are turning positive, several fundamental factors are conspiring against Virgin Galactic.

29 May 18:44 InvestorPlace 24614510716630660.html
Delta Stock Could Lead an Airline Rally

DAL stock could be one of the stars of an airline resurgence, but it's still a long-term play because the industry needs time to rebound.

29 May 18:57 InvestorPlace 24614511042068923.html
FG secures 1,295 convictions in one year - The Nation Nigeria

An 82-year-old hypertensive patient has recovered from coronavirus in Osun State.She was discharged from Isolation and Treatment Centre...

29 May 18:14 Latest Nigeria News, Nigerian Newspapers, Politics 2658445901832337370.html
Americans Turned Less Gloomy About The Economy in May

Current conditions look better than they did a month ago but the outlook for the future is grimmer. |

29 May 18:01 Breitbart 3148363491717734336.html
Monica Crowley: House Bill Would Add Flexibility to Small Business Loans

Treasury's spokeswoman explained on Friday how the Paycheck Protection Program would be changed to make it more useful for small businesses. | Economy

29 May 18:55 Breitbart 3148363491986420099.html
Money whitening scope to widen

The government may allow uses of untaxed or black money in all sectors to boost investment and create jobs as part of its efforts to pull the economy out of Covid-19 wreckage.

29 May 18:00 The Daily Star 3368802731587319251.html
Bus owners push for doubling fares

With buses set to hit the roads from Monday, transport owners have started asking for permission to double the fares, because the vehicles would carry fewer passengers to prevent coronavirus

29 May 18:00 The Daily Star 3368802732181333629.html
New jobs dry up amid shutdown

New job postings nosedived 87 percent year-on-year in April on the leading job search sites in Bangladesh, highlighting the strain the country’s labour market has been going through because of the

29 May 18:00 The Daily Star 3368802732263115537.html
Ted Cruz, Trump, and other Republicans are pushing a payroll-tax cut that would do little for families suffering financially due to coronavirus

The payroll-tax cut has gained support from Trump and several other GOP lawmakers and conservative economists eager to jumpstart growth.

29 May 18:30 Pulse Live 3606876835484897372.html
Sotheby's to sell US$60M Bacon painting in virtual auction

The auctioneer will be in an empty room in London, facing a bank of screens showing colleagues from around the world as they bid on behalf of clients remotely.

29 May 18:47 BNN 3833521688317620121.html
Pier 1's 'awful day' arrives with judge approving liquidation

The end is near for Pier 1 Imports Inc.

29 May 18:47 BNN 3833521689599556108.html
Pier 1’s ‘Awful Day’ Arrives With Judge Approving Liquidation

The end is near for Pier 1 Imports Inc.

29 May 18:32 Bloomberg.com 4032480121096392485.html
Textile garment workers worst hit by COVID-19 – NUTGTWN

The President, National Union of Textile Garment and Tailoring Workers of Nigeria (NUTGTWN), Comrade John Adaji has said that workers

29 May 18:09 Vanguard News 4125100339221065561.html
US Pres. Trump reportedly won't announce additional tariffs on China

According to several news outlets, US President Donald Trump won't announce any changes to the Phase-one trade deal with China. Trump is not expected

29 May 18:41 FXStreet 4480975638505001511.html
Looking for ECB to expand PEPP by €500 billion – TD Securities

Previewing the European Central Bank's monetary policy meeting next week on June 4th, "the focus of the June meeting will likely be the expansion of t

29 May 18:10 FXStreet 4480975638516220723.html
GBP/USD retreats from highs near 1.2400 ahead of Trump’s conference

Sterling’s rally from 1.2230 lows has reached two-week highs at 1.2395. The pair, however, has not been able to consolidate at those levels and pulled

29 May 18:04 FXStreet 4480975639419271745.html
Ohio House approves bill legalizing sports gambling

House lawmakers on Thursday passed a bill to legalize sports wagering in Ohio, a move that could generate millions in tax revenue for the state.

29 May 18:00 Washington Examiner 4625792333277782011.html
GDP Growth Rate In FY20 Better Than Expected At 4.2 Per Cent; 4th Quarter Growth Rate Plummets To 3.1 Per Cent  

As per the data released by the government, India reported a better than expected growth of 4.2 per cent in FY20, reports India Today. Although the figure marks the lowest growth rate in 11 years, the performance is higher than what many experts had forecast.

29 May 18:32 Swarajya 4977622829409181886.html
Big Tech goes on pandemic M&A spree despite political backlash

Rate of dealmaking by Alphabet, Amazon, Apple, et al is highest since 2015

29 May 18:19 Ars Technica 5028555107240367997.html
Christchurch City Council Wins IDC Smart City Asia/Pacific Award For EQRNet

IDC Asia/Pacific announced today the 19 winners for this year’s IDC Smart City Asia/Pacific Awards (SCAPA). Christchurch City Council were named as the winner in the Public Safety- Disaster Response/Emergency Management category for EQRNet - Earthquake Response Management.

29 May 18:12 SCOOP 5315659000148650661.html
B.C. tourism seeks relief as businesses wait for COVID-19 restrictions to ease

Mid-June earliest for more in-province travel to be authorized

29 May 18:40 North Delta Reporter 5327740412365312247.html
COVID-19: FairPrice Group, WhyQ launch zero-commission islandwide food delivery platform

SINGAPORE: FairPrice Group and food delivery start-up WhyQ have launched a new digital platform offering islandwide food delivery at zero ...

29 May 18:02 CNA 5644198864329987956.html
RYB Education Inc (RYB) CEO Yanlai Shi on Q1 2020 Results - Earnings Call Transcript

RYB Education Inc (NYSE:RYB) Q1 2020 Results Earnings Conference Call May 29, 2020 8:00 AM ET Company Participants Serena Xue - Investor Relations Yanlai Shi -

29 May 18:21 Seeking Alpha 5725634556131681324.html
Olympus' (OCPNF) Management on Q4 2020 Results - Earnings Call Transcript

Olympus Corporation (OTC:OCPNF) Q4 2020 Earnings Conference Call May 29, 2020 8:00 AM ET Company Participants Chikashi Takeda – Chief Financial Officer Akihiro

29 May 18:30 Seeking Alpha 5725634556275916005.html
Bio-Rad: A Very Interesting Short-Term Investment Thanks To Gains On Sartorius Holding

Bio-Rad's 2 Core business divisions: Life Sciences and Clinical Diagnostics posted so-so results in Q120 delivering net profits of $74m. Although both divisions

29 May 18:46 Seeking Alpha 5725634556642392754.html
U.S. Weekly FundFlows Insight Report: ETF And Fund Investors Become Slightly More Risk Seeking During The Week

For the thirteenth consecutive week, investors were overall net purchasers of fund assets (including those of conventional funds and ETFs). Fund investors were

29 May 18:22 Seeking Alpha 5725634557206061796.html
Crushing It: Splunk's Strong Fundamentals Drive Stock Higher

Splunk is a leader in Big Data/SIEM and is transitioning to a recurring revenue business model. The recent pandemic-driven acceleration from a perpetual license

29 May 18:44 Seeking Alpha 5725634557371787403.html
Stifel Financial Corp.: A New 6.125% Preferred Stock IPO Trading At A 4.50% Premium

Stifel Financial Corp.'s new preferred stock, SF-C, is trading above its PAR, having a YTW of 5.12%. Company's leverage and liabilities' payments look solid. SF

29 May 18:03 Seeking Alpha 5725634557841750983.html
Privatization of power sector | JKPEECC to hold protest on June 1 to oppose Centre's move

JKPEECC to hold protest on June 1 to oppose Centre’s move | In response to a call given by National Coordination Committee of Electricity Employees and Engineers, which is an amalgam of different power employee

29 May 03:25 Greater Kashmir 4662909092966488041.html
Afterpay says it 'rejects' the notion of performing credit checks on its customers. Here's why their arguments don't add up.

Afterpay has gone out on the defensive yet again, as calls for it to be brought into line persist.

29 May 03:02 Business Insider Australia 5575934301376302654.html
S&P cuts Rolls-Royce credit rating to junk on COVID-19 hit

Ratings agency Standard & Poor's cut engine maker Rolls-Royce's credit rating to junk on Thursday, citing the disruption caused to global air ...

29 May 03:45 CNA 5644198862721672937.html
German auto supplier ZF Friedrichshafen to cut up to 15,000 jobs - memo

German car parts supplier ZF Friedrichshafen plans to reduce the workforce by up to 15,000 jobs, or around 10per cent, by 2025 as a result of a ...

29 May 03:05 CNA 5644198863236229294.html
Zscaler, Inc. (ZS) CEO Jay Chaudhry on Q3 2020 Results - Earnings Call Transcript

Zscaler, Inc. (NASDAQ:ZS) Q3 2020 Results Conference Call May 28, 2020 04:30 PM ET Company Participants Bill Choi - SVP, IR Jay Chaudhry - Chairman and CEO Remo

29 May 03:24 Seeking Alpha 5725634556299044032.html
NIO Limited (NIO) CEO William Li on Q1 2020 Results - Earnings Call Transcript

NIO Limited (NYSE:NIO) Q1 2020 Earnings Conference Call May 28, 2020 08:00 ET Company Participants Rui Chen - Director, Investor Relations William Li - Founder,

29 May 03:28 Seeking Alpha 5725634556409990605.html
EOG Resources: The Three Wise Monkeys

Revenues were $4.72 billion, up from $4.06 billion in the same quarter the previous year. Total production was a record of 874.1K Boep/d, up 13% from last year,

29 May 03:59 Seeking Alpha 5725634556689729611.html
Ross Stores: The Valuation Appears Frothy

ROST quarterly revenue fell over 50% due to knock-on effects of the pandemic. Its cash flow fell hard and could remain challenged until all of its stores are re

29 May 03:25 Seeking Alpha 5725634557465273143.html
Majesco (MJCO) CEO Adam Elster on Q4 2020 Results - Earnings Call Transcript

Majesco (NASDAQ:MJCO) Q4 2020 Earnings Conference Call May 28, 2020 17:00 ET Company Participants Stan Berger - Investor Relations Adam Elster - Chief Executive

29 May 03:23 Seeking Alpha 5725634557897037068.html
Wipro appoints Capgemini’s Thierry Delaporte as new CEO, MD

India Business News: Wipro said it has appointed Thierry Delaporte as its chief executive officer and managing director to replace outgoing Abidali Neemuchwala. Delaporte,

29 May 03:58 The Times of India 6060938664650064741.html
China says will ban pork imports from India to 'prevent swine fever': Report

China News: Citing concerns regarding African swine fever (ASF), China has announced that it will put a ban on imports of pigs, wild boar and related products fro

29 May 03:03 The Times of India 6060938664730270987.html
FDI inflows from Cayman Islands into India triples in FY20

The Cayman Islands, which is close to Cuba and was ranked in the study as the most prominent centre for financial secrecy, hosts more than 100,000 companies, a number that outstrips the local population

29 May 03:26 Livemint 6614605818762123690.html
As Jobs Vanish, Salaried Workers Become Gig Economy 'Partners' With Swiggy, Zomato And Amazon

With a recession on the horizon, workers are turning to the one sector that appears to pandemic proof: home delivery.

29 May 03:25 HUFFPOST 6665507017950697271.html
Japan bankruptcies seen rising to seven-year high amid pandemic

A global economic slowdown triggered by the COVID-19 pandemic is causing companies to go out of business around the world.

29 May 03:29 The Japan Times 6673764366784075809.html
Indian Microlending Firm SATYA MicroCapital Ltd Secures Over $13 Million in Equity Funding from Tokyo’s Gojo & Co.

SATYA MicroCapital Ltd, a fast-growing micro-lending firm based in India, has secured INR 105 crore (appr. $13.85 million) in equity funding from Gojo & Com

29 May 03:20 Crowdfund Insider 6834688073812805010.html
US money market funds waive fees to stave off negative returns

Decline in yields on short-term debt prompts action from asset managers

29 May 03:00 Ft 707176889150166290.html
How investors learnt to love the rally in stocks

‘Fear of missing out’ dominates in sweeping ascent as doubters turn into believers

29 May 03:00 Ft 707176889758423930.html
Libraries to re-open, 'sneeze guards' at Bellingen council

Customer point of service 'sneeze guards' at service counters will be in place.

29 May 03:18 The Bellingen Shire Courier-Sun 713218232212002837.html
EOS completes acquisition of Audacy

Electro Optic Systems Holdings Ltd. of Australia completed its acquisition May 28 of Silicon Valley startup Audacy and announced plans to spend approximately $1.2 billion Australian dollars ($800 million) to create the EOSLink satellite communications constellation.

29 May 03:34 SpaceNews 7631243598954084389.html
TikTok owner ByteDance moves to shift power out of China: Report

ByteDance has quietly made a series of moves in recent months to transfer global decision-making and research capabilities out of its home country. The changes come at a time of heightened tension between the United States and China over trade, technology and the COVID-19 pandemic.

29 May 03:46 The Economic Times 7653256036854602085.html
SoftBank Vision Fund head's pay doubled last year despite massive losses

SoftBank Vision Fund's head, Rajeev Misra, saw his total pay for the past business year more than double to roughly $15 million, even as the fund's under-performance pushed SoftBank to a record operating loss of some $13 billion.

29 May 03:46 The Economic Times 7653256036906607328.html
Indian IT to get first non-Indian CEO in Wipro’s Thierry Delaporte

Thierry Delaporte, who will take over as CEO and MD on July 6 replacing incumbent Abidali Neemuchwala, is chairman Rishad Premjis choice to steer Wipro from a decade-long streak of below-par growth that has lagged peers. Rishad took over as Chairman of Wipro from his father Azim Premji last July.

29 May 03:35 The Economic Times 7653256037181841993.html
Isuzu expects pick-up demand in Thailand to drop 35%

With sales significantly impacted by the Covid-19 outbreak, Isuzu expects that the demand for pick-up trucks and other light commercial vehicles (LCV) in

29 May 03:56 Paul Tan's Automotive News 7862472105556164355.html
Advance reservation period for all 30 Special Rajdhani type trains extended from 30 to 120 days

Indian Railways has decided to increase the advance reservation period (ARP) from the existing 30 days to 120 days for all 30 Special Rajdhani type trains that have been operating since May 12, 2020.

29 May 03:57 The Hans India 817019414803708445.html
Simplo revenues to peak in 2Q20

Notebook battery specialist Simplo Technology expects its second-quarter 2020 revenues to hit the peak for the year, judging from its order visibility, according to company chairman Raymond Sung.

29 May 03:41 DIGITIMES 8411283748252331732.html
Epistar 4Q20 operation may turn profitable, says president

Epistar is likely to see operation swing into profitability in the fourth quarter of 2020 if the impact of the coronavirus pandemic eases off in the third quarter, according to company president Chin-yung Fan.

29 May 03:21 DIGITIMES 8411283749503469208.html
SBP reserves fall $55m to $12.07b

Drop comes on accoun­t of extern­al debt repaym­ents

29 May 04:01 The Express Tribune 1105816786412659866.html
Exports to stay low due to liquidity woes

Busine­ssmen term zero-rating indisp­ensabl­e to remove hardsh­ips

29 May 04:07 The Express Tribune 1105816786936255687.html
Pakistan to float $1.5b Eurobonds

Move comes after inflow of hot foreig­n money proved costly

29 May 04:00 The Express Tribune 1105816787576398859.html
Are low-interest rates making you jittery? Consider P2P lending

Falling interest rate amid coronavirus crisis has impacted income of many investors who depended on debt instruments; those with surplus cash can consider peer-to-peer lending, which is attracting increasing interest from people willing to lend to those in need of short-term financing -- whether individuals or small businesses

29 May 04:45 Business Today 1145527431449211863.html
Sensex, Nifty stuck in coronavirus storm; should investors expect profit in 2020?

It seems investors are sitting on boundaries in a wait-and-watch mode and traders are reaping gains from the volatility cycle in which the benchmark indices are stuck.

29 May 04:26 Business Today 1145527432338065524.html
Capgemini COO Thierry Delaporte becomes new Wipro CEO and MD

Neemuchwala will step down as CEO on June 1 while executive chairman Rishad Premji will oversee day-to-day operations of the company until Delaporte takes over on July 6

29 May 04:15 Business-Standard 1502508924853868927.html
China to ban pork imports from India to 'prevent swine fever': Report

According to the daily, India reported its first case of ASF in both domestic pigs and wild boars in Assam earlier this month

29 May 04:53 Business-Standard 1502508924922433282.html
Wipro gains over 6% after Co appoints Thierry Delaporte as new CEO and MD

Delaporte was most recently the chief operating officer of French consulting and technology firm Capgemini Group.

29 May 04:26 Business-Standard 1502508925200004732.html
US restaurants concerned over sales losses due to capacity constraints

A survey of 2,500 US consumers conducted this month found that three-quarters planned to avoid restaurants or dine out less frequently, according to Wall Street firm Cowen

29 May 04:15 Business-Standard 1502508925703457328.html
Govt lifts curbs on exports of paracetamol APIs with immediate effect

"The notification is further amended to remove the restriction on the export of paracetamol APIs, making it export 'free' with immediate effect," the statement read

29 May 04:39 Business-Standard 1502508926136755589.html
Wipro shares gain 1% after Co appoints Thierry Delaporte as new CEO and MD

Delaporte was most recently the chief operating officer of French consulting and technology firm Capgemini Group.

29 May 04:26 Business-Standard 1502508926271545722.html
TVS Motor shares dip over 3% as March quarter profit plunges 43%

The company said it had successfully transitioned to BS-VI

29 May 04:34 Business-Standard 1502508926577703822.html
Bharti Infratel hits over 3-month high; zooms 100% from March lows

The stock rallied 8% per cent to Rs 243 in the intra-day deals today, and was quoting at its highest level since February 14, 2020 on the BSE

29 May 04:24 Business-Standard 1502508926636907452.html
Government announces €115 million support package for air transport sector

The Greek government on Thursday announced a package of measures amounting to €115 million to support the country’s air transport sector, hit hard by the

29 May 04:08 Greek City Times 1506177378177574749.html
With no immediate solution in sight, India matches China in terms of man power, resources

Even as the Prime Minister's top men oversee the developments along the Line of Actual Control, there is still no change in the ground, with the standoff between India and China continuing.

29 May 04:28 Oneindia 2023829370609531040.html
Coronavirus: What does it mean if I've been furloughed by work?

Millions unable to do their job due to coronavirus will have their wages paid by a new scheme.

29 May 17:42 BBC News 3883826128587907891.html
24 Hour Fitness Prepares for Bankruptcy While Gyms Start to Open

Gym owner 24 Hour Fitness Worldwide Inc. is preparing for a potential bankruptcy to cut its debt as it re-opens locations across the country with precautions in place for social distancing.

29 May 17:23 Bloomberg 4032480122533810058.html
TJ Maxx, Marshalls, HomeGoods to reopen all stores in next month

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

29 May 17:43 WVLT 4089046910951669771.html
NZD/USD drops to daily low at 0.6170 ahead of US Pres. Trump's presser

The NZD/USD pair capitalized on the broad-based USD weakness and surged to its highest level since March 12th at 0.6241. However, the risk-averse envi

29 May 17:56 FXStreet 4480975638962415376.html
GBP/JPY: Downside risk from Brexit and negative rates – MUFG

Analysts at MUFG Bank maintain a short GBP/JPY trade idea in anticipation that the weakness in the pound will extend further in the near-term. They se

29 May 17:38 FXStreet 4480975640123316842.html
Getting New Zealand Open For Business

“New Zealand is open for business, support local, back your backyard.”

29 May 17:00 SCOOP 5315658998973237552.html
Symrise Creates Tribute Fragrance for Essential Workers

Symrise has made a custom fragrance to be given to workers on the front lines of the coronavirus pandemic.

29 May 17:00 WWD 5490910669037724555.html
SoftBank leads US$500 million fundraising for Didi's self-driving unit

China's Didi Chuxing said on Friday it had completed a fundraising round of over US$500 million for its autonomous driving subsidiary that was led ...

29 May 17:30 CNA 5644198863116266384.html
Williams considers selling F1 team after £13 million loss

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

29 May 17:16 CNA 5644198864177468808.html
CIRCOR International, Inc. (CIR) CEO Scott Buckhout on Q1 2020 Results - Earnings Call Transcript

CIRCOR International, Inc. (NYSE:CIR) Q1 2020 Earnings Conference Call May 29, 2020 09:00 ET Company Participants Scott Solomon - Senior Vice President, Sharon

29 May 17:47 Seeking Alpha 5725634556439840280.html
Earnings: What Canadian Banks Are Telling Us And Which One Is My Favorite

All Canadian Banks reported their earnings during the week of May 25 th. They all revealed massive earnings decreases due to higher provisions for credit losses

29 May 17:53 Seeking Alpha 5725634556609938418.html
Canadian Western Bank (CBWBF) CEO Christopher Fowler on Q2 2020 Results - Earnings Call Transcript

Canadian Western Bank (OTCPK:CBWBF) Q2 2020 Earnings Conference Call May 29, 2020, 10:30 ET Company Participants Matthew Rudd - SVP, Finance & IR Christophe

29 May 17:41 Seeking Alpha 5725634557071379127.html
Omega Healthcare: This Outperformer Is Undervalued With An 8.7% Yield

Omega Healthcare has a strong track record with market beating returns. The current share price offers an attractive entry point with a strong going-in yield. M

29 May 17:46 Seeking Alpha 5725634557186471736.html
Fed Chair Jerome Powell says the coronavirus recession has been a 'great increaser of income inequality' — with low-paid workers and women bearing the brunt of the fallout

The Fed chief singled out women and hourly workers in the service industries as the segment of the population weathering the brunt of the fallout.

29 May 17:00 Business Insider 6060062401318649874.html
JobStart policy no substitute for tax cuts

The National Party’s JobStart policy - under which businesses could claim $10,000 per new employee, for up to ten new employees - looks great on paper but would fail in practice, says the New Zealand Taxpayers’ Union.

29 May 17:53 www.voxy.co.nz 6138926314225914209.html
Water and wastewater price changes from 1 July 2020

Prices for water and wastewater services in Auckland will increase by 2.5 per cent from 1 July 2020.

29 May 17:21 www.voxy.co.nz 6138926314522596756.html
Finance secretary urges BRICS nations to share covid-19 related tax measures

Since March, the government slew of measures to help the industry tide through the covid-19 crisis, including deferring several compliance requirements.The meeting of the heads of tax authorities from five large emerging economies of the world on Friday was hosted by the Federal Tax Service of Russia

29 May 17:56 Livemint 6614605818339801873.html
Appreciate difficulties of PMC Bank depositors on moratorium on withdrawals: HC to Centre, RBI

Activist Bejon Kumar Misra filed the petition seeking directions to RBI to ease out the moratorium for withdrawal of deposited money of depositors from PMC Bank during the pandemic

29 May 17:22 Livemint 6614605818736591541.html
Finance ministry not in favour of  raising GST rates on non essentials

Under the GST (Compensation to States) Act, 2017, protected revenues of the state governments is calculated on the basis of a 14% annual growth rate with FY16 as the base year

29 May 17:47 Livemint 6614605819513719206.html
Madras High Court notice to Franklin Templeton, SEBI

PIL filed against closure of 6 schemes

29 May 17:21 The Hindu 6679535024387377800.html
Bank of India cuts MCLR by 25 bps

State-run lender Bank of India has decided to reduce marginal cost of funds based lending rate (MCLR) by 25 bps across all tenors.The one-year MCLR of the bank will be now at 7.7% with effect from Jun

29 May 17:18 The Hindu 6679535024647659967.html
‘Air passenger demand to plummet 47% in 2020’

Revenues likely to fall $11 bn: IATA CEO

29 May 17:26 The Hindu 6679535024654803643.html
Telecom regulator moots national numbering plan

Recommends 11-digit mobile numbers, among other things

29 May 17:15 The Hindu 6679535024660400750.html
GST Council likely to meet in mid-June

Tax revenue details withheld till July, officials say no point in disclosing now as returns filing extended

29 May 17:17 The Hindu 6679535024762123696.html
Capgemini’s Delaporte to take over as Wipro CEO and MD

Frenchman had spent 25 years with the consulting firm

29 May 17:18 The Hindu 6679535024915756804.html
Franklin Templeton investors can e-vote to monetise assets

Can authorise trustees or Deloitte from June 9-11

29 May 17:20 The Hindu 6679535025046978605.html
‘High risk’ of T20 WC being put off, says CA

Also hints at having the India Test series at ‘one venue’

29 May 17:23 The Hindu 6679535025567145492.html
Williams may sell F1 team

Williams also announced on Friday that it had served notice to terminate its relationship with title partner ROKiT and major sponsor ROK Drinks

29 May 17:17 The Hindu 6679535025861091754.html
Laurentian Bank slashes dividend by 40 per cent as profits tumble

Decision to cut payout is the first by a Canadian bank in nearly 30 years

29 May 17:27 The Globe and Mail 68426410780795240.html
Covid-19: US airlines leave $29 billion aid fund untapped in bet on rebound

Although the four largest US passenger airlines have applied for the Treasury Department program, only American Airlines Group Inc. has said it intends to tap the pool of funds.

29 May 17:34 Hindustan Times 696565557210967329.html
Neil Woodford fund: investors still await final payout

Twelve months after Equity Income fund’s suspension, pandemic leads to further delays

29 May 17:10 Ft 707176888782903638.html
Forbes revoke Kylie Jenner's billionaire status, slamming her "web of lies"

Forbes has revoked Kylie Jenner's billionaire status following an article published claiming the 22-year-old largely exaggerated her earnings

29 May 17:38 Buzz.ie 7092425148689830020.html
Britain pushing US to form 5G club of nations to cut out Huawei

Britain said Friday it was pushing the United States to form a club of 10 nations that could develop its own 5G technology and reduce dependence on China's controversial telecoms giant Huawei. The issue is expected to feature at a G7 summit that US President Donald Trump will host next month against

29 May 17:15 Yahoo 7097669637810324201.html
Lockdown 5.0 Guidelines Likely Today: Will Metro, Malls, Restaurants Open? Check State-Wise Plan

Lockdown 5.0 Guidelines Tomorrow: States will get the full authority to make a balance between restrictions and the resumption of economic activities.

29 May 17:21 India News, Breaking News, Entertainment News | India.com 7150386083781650656.html
EU economy to rebound ‘quite strongly’ next year says Dombrovskis

The European Commission’s proposed €750-billion coronavirus recovery fund should also help make the bloc’s economy more green and fit for the digital age, Executive Vice-President Valdis Dombrovskis tells Euronews.

29 May 17:29 euronews 7318238121330275096.html
Shaw seeks exemption from having to provide new one gigabit internet service to wholesalers

Shaw argues that its phone-company competitors are not subject to the same requirements as cable companies, which creates 'regulatory asymmetry’

29 May 21:52 The Globe and Mail 68426411662877745.html
The Globe’s stars and dogs for the week

A humorous look at the companies that caught our eye, for better or worse, this week

29 May 21:31 The Globe and Mail 68426411733523274.html
Ethereum Posts Breakout Rally as Analysts Set Upside Targets at $290

Ethereum could be positioned to see even further gains in the near-term, as this latest movement has provided its market structure with a serious boost.

29 May 21:00 NewsBTC 7232133510288196974.html
Main Street’s Digital Shift, ATM Innovation, PPP Loans Top This Week’s News

The Weekender has deep dives on Main Street's digital shift, ATM innovation and PPP loans.

29 May 21:32 PYMNTS.com 7357138825831738205.html
India will set an example in economic revival, says PM Modi

PM acknowledged that some have undergone “tremendous” suffering, referring to workers.

29 May 21:37 The Economic Times 7653256038122640224.html
States might turn to legalized gambling with budgets rocked by coronavirus

The coronavirus pandemic could lead to a quicker expansion of sports betting and internet gambling in the US as states deal with huge budget deficits and look for new tax revenue wherever they can

29 May 21:21 New York Post 7654946767933528695.html
Anantapur: Minister M Sankara Narayana says government resolved to strengthen MSMEs

BC Welfare Minister M Sankara Narayana stated that the state government is planning to further strengthen the Micro, Small and Medium Enterprises(MSME) by releasing all the backlog due payments to...

29 May 21:08 The Hans India 817019413836137439.html
Srikakulam: Temples witness big dip in offerings amid lockdown

Covid-19 has its impact even on God as most of the noted temples lost their sheen in the wake of lockdown imposed for the last 70 days.

29 May 21:17 The Hans India 817019415075961801.html
Canada 'needs' airline industry, is monitoring day by day: minister

OTTAWA (Reuters) - Canada is closely monitoring the slumping airline industry and extended a ban on large cruise ships to Oct. 31 to help prevent the spread of the coronavirus, Transport Minister Marc Garneau said on Friday.

29 May 21:11 Reuters 8334514179915135050.html
Covid-19 lockdowns stimulate condom demand

Worldwide annual production of condoms is said to be approximately 25 billion. The world's largest manufacturer is Karex Berhad, which was founded in Malaysia in 1988. The condoms it produces are marketed under a variety of brand names in dozens of countries. Due to the Covid-19 pandemic, Karex temporarily halted…

29 May 21:24 Japan Today 8582716285908427430.html
Japan revises law to make more part-timers join pension program

Japan revised a law Friday to make more part-time, and other nonregular workers join the employee pension program as well as allow eligible recipients to choose to start receiving benefits from the age of 75. Currently, part-time workers join the program only when they work 20 hours or more a…

29 May 21:32 Japan Today 8582716286533238445.html
Elon Musk vs. Bay Area officials: These emails show what happened behind the scenes in the Tesla factory fight

Emails detail what took place as Musk took public his fight with Bay Area officials and threatened first to reopen the factory without permission and then to...

29 May 21:00 MarketWatch 8975941548259880064.html
Has online grocery shopping peaked?

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

29 May 22:02 Moneyweb 1092550946757091899.html
Airline success is not just about profitability

It's about delivering on shareholder objectives.

29 May 22:58 Moneyweb 1092550947155810644.html
Indian manufacturers hail end to export curbs on paracetamol APIs

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

29 May 22:12 Business Today 1145527431049114782.html
EXCLUSIVE: Kylie Jenner could face criminal investigation and even JAIL over 'web of lies' surrounding her company's value after Forbes claimed she faked billionaire status, top financial fraud attorney reveals

Kylie Jenner could face a criminal investigation over alleged exaggerations of her company's value, financial fraud attorney Jan Handzlik told DailyMail.com.

29 May 22:04 Mail Online 124328112602269602.html
RBI imposes Rs 4 crore penalty on Citibank; here’s why

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

29 May 22:28 The Financial Express 1288289581373871533.html
Canada's economy shrinks 8.2% in Q1 2020

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

29 May 22:30 Rappler 1882105643223327630.html
Paytm moves HC claiming telecom companies not preventing phishing activity over their networks

One97 Communications Ltd, which runs the online payment platform Paytm, has moved the Delhi High Court alleging that telecom service providers are not blocking fraudsters who are defrauding its

29 May 22:35 Deccan Herald 2027555796261883484.html
United Airlines cutting 13 top jobs, adding int'l flights in July

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

29 May 22:34 Financial Post 2379081492426314613.html
Maharashtra: For 3 years, govt plans to reduce local youth job quota to 60%

As per the existing guidelines, it is mandatory for industries to employ 80 per cent Maharashtra domiciled persons, and remaining 20 per cent employees from anywhere else. The quota has not been legislated, but effected by way of a government resolution.

29 May 22:03 The Indian Express 2885715104641279037.html
Oil surges 88% in May, posting its best month on record

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

29 May 22:06 Business Insider 3364799146599831623.html
US stocks erase losses, finish higher after Trump refrains from China sanctions

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

29 May 22:09 Business Insider 3364799147455238381.html
Zoom Video Jumps to Record With Market Cap Now Above $50 Billion

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

29 May 22:52 Bloomberg 4032480122172310644.html
No nation has veto power over AfDB, African leaders back Adesina

Former African leaders have thrown their weight behind the embattled President of the African Development Bank, AfDB, Dr. Akinwumi Adesina.

29 May 22:19 Vanguard News 4125100339643166614.html
Chile, Peru secure credit lines from IMF amid pandemic

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

29 May 22:50 Digital Journal 4566489171897160625.html
Germany, Brussels seal pact on Lufthansa rescue plan: sources

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

29 May 22:00 Digital Journal 4566489172678428961.html
US warns: Huawei 5G package is ‘obsolete by the time its operational’

Countries purchasing Huawei’s 5G wireless technology risk buying into a “China-only” telecommunications industry that lacks access to Western innovations, according to U.S. officials.

29 May 22:36 Washington Examiner 4625792332669225022.html
FY20 fiscal deficit widens to 4.59% of GDP, higher than budget aim of 3.8%

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

29 May 13:35 Livemint 6614605819622432221.html
GDP growth slows to a 11-year low of 4.2%, Q4 slumps to 3.1%

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

29 May 13:27 The Hindu 6679535025305301562.html
Reopen Koyambedu market, other shops, traders urge govt.

Association says alternative site affected business, farmers’ livelihood

29 May 13:26 The Hindu 6679535025661622683.html
Canada’s economy saw record decline in March, with worse numbers forecast for April

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

29 May 13:18 The Globe and Mail 68426411143120148.html
Market movers: Stocks seeing action on Friday - and why

Laurentian down sharply after dividend cut; Canopy sinks on earnings

29 May 13:47 The Globe and Mail 68426411166762546.html
Commerce Bank Buys 1,732 Shares of CarMax, Inc (NYSE:KMX)

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

29 May 13:20 Markets Daily 6922190227672856828.html
Citizens & Northern Corp Has $3.81 Million Stock Holdings in Amazon.com, Inc. (NASDAQ:AMZN)

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

29 May 13:20 Markets Daily 6922190228187079656.html
Rhumbline Advisers Buys 153,817 Shares of Coty Inc (NYSE:COTY)

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

29 May 13:00 Markets Daily 6922190228565670843.html
Amazon.com, Inc. (NASDAQ:AMZN) is Partnervest Advisory Services LLC’s 9th Largest Position

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

29 May 13:20 Markets Daily 6922190228713794801.html
Russell Investments Group Ltd. Raises Stake in Match Group Inc (NASDAQ:MTCH)

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

29 May 13:34 Markets Daily 6922190228782601461.html
Bank of New York Mellon Corp Has $20.07 Million Stake in Match Group Inc (NASDAQ:MTCH)

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

29 May 13:34 Markets Daily 6922190228870657817.html
India GDP Q4: At 4.2% GDP Growth Lowest in 11 Years But Better Than Expected | Explained in 10 Points

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

29 May 13:03 India News, Breaking News, Entertainment News | India.com 7150386083582528444.html
Bitcoin Could Hit $11,000 in June 2020; Here’s Why

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

29 May 13:12 NewsBTC 7232133509684588591.html
Cardano Shakes the Ghost of Disappointment With Confirmed Shelley Release Date

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

29 May 13:33 NewsBTC 7232133511485607490.html
Staffordshire NFU hosts virtual show reception

Farmers raised a glass via their webcams to toast food production and the NFU after their county show was cancelled due to Covid-19.

29 May 13:48 Express & Star 7324224459470220380.html
Toronto lowers property taxes for music venues

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

29 May 13:48 NOW 7434691886781694152.html
DisCos ask court to stop FG’s forensic audit

Electricity distribution companies (DisCos) have dragged the federal government to court over alleged undue interference in their business operations. The federal government holds 40 percent shares in the power firms.

29 May 13:45 TheCable 7513571674786152276.html
UK plans new 5G club of 10 democracies, including India: Report

The move to speed up such a club comes as the UK launched an inquiry into Huawei's involvement in the country's mobile network upgrade in the wake of US sanctions against the company.

29 May 13:37 The Economic Times 7653256036439054144.html
Dow Jones retreats ahead of Trump's response on Hong Kong

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

29 May 13:39 The Economic Times 7653256036820934537.html
Thierry Delaporte, the first foreign CEO of Wipro, is no stranger to Indian IT

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

29 May 13:19 The Economic Times 7653256037122761091.html
F&O: Nifty50 structure looks bullish; supports shift higher

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

29 May 13:24 The Economic Times 7653256037649624952.html
BNI Syariah sees profit soar in Q1, chances to expand international banking services

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

29 May 13:10 The Jakarta Post 7678601103728659872.html
Ireland Funds’ Chief Executive steps down after one year

Mr Cronin intends to spend more time with family and will move back to Ireland

29 May 13:00 The Irish Times 8204772968784337028.html
Plunging sales force Nissan to leave Korea

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

29 May 13:22 UPI 8257973863900915696.html
We thought too big, Renault says as it axes 15,000 jobs in cost-cutting reboot

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

29 May 13:01 Reuters 8334514179832803463.html
Coffee maker JDE Peet's shares pop 15% after $17 billion virtual IPO

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

29 May 13:50 Reuters 8334514180678443740.html
OPEC delivers three quarters of record oil cut in May: survey

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

29 May 13:28 Reuters 8334514180808176388.html
We thought too big, Renault says as it axes 15,000 jobs in cost-cutting reboot

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

29 May 13:01 Reuters 8334514181111796543.html
Crisis-hit Wall Street checks in to Zandi's 'impairment studio'

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

29 May 13:48 Reuters 8334514181677945070.html
Hog farms in coronavirus crisis need more aid, say producers

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

29 May 13:43 Successful Farming 8502642054409310994.html
Record global corn and wheat crops on the way

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

29 May 13:45 Successful Farming 8502642054526834101.html
India Rules Out Any Plan to Restrict Chinese Foreign Portfolio Investors

New Delhi (Sputnik): Border tension has been simmering between India and China after a skirmish between patrol parties in Ladakh's Galwan Valley sector earlier this...

29 May 13:14 Sputniknews 967333867571931149.html
Lufthansa Not Ruling Out Bankruptcy Option if Gov't Aid Package Not Arranged, Report Says

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

29 May 13:38 Sputniknews 967333868995288981.html
Govt lowers GDP growth rates for Q1, Q2 and Q3 in revised data

GDP growth has now been revised to 4.4 per cent in Q2 compared to 5.09 per cent earlier

29 May 14:03 Business Today 1145527431900538858.html
Credit card, personal and MSME loans fall up to 10% during coronavirus lockdown

This is despite the borrowers opting for loan moratorium, which ideally increases the outstanding loan book because the deferred interest and principal get added to the loan amount

29 May 14:09 Business Today 1145527432193935241.html
Hotels report 82% drop in occupancy; recovery unlikely before September

The other key parameter ADR (average daily rate) has come down sharply as well. For instance, the average room rate for a branded hotel in April was Rs 4,113 per night, which was 27 per cent lower than the ADR in the same month last year

29 May 14:08 Business Today 1145527432693173906.html
Inside Wipro's new CEO appointment: How IT firm got lucky with Thierry Delaporte

Industry observers say that Wipro has been 'sheer lucky' to get him onboard given the tepid performance of the company for over last three-four years

29 May 14:46 Business Today 1145527432778844161.html
Ryanair customers could be waiting up to six months for refunds

It will take three to six months for Ryanair to get through the backlog of refunds of cancelled flights.

29 May 19:09 Irishexaminer 8196011179707508060.html
Florida officials approve Walt Disney World reopening plans

(Reuters) - Florida officials have approved plans for a phased reopening of Walt Disney World (DIS.N) in Orlando starting on July 11, according to a memo from a state agency released on Friday.

29 May 19:44 Reuters 8334514181082000683.html
Oil surges 5% on U.S.-China trade optimism, falling crude output

NEW YORK (Reuters) - Oil prices soared on Friday, with U.S. futures closing out May with record monthly gains, on hopes that the U.S.-China trade deal would remain intact and on falling crude production.

29 May 19:55 Reuters 8334514181198914045.html
CoinMarketCap Revamps Pairs Ranking to Chase Inflated Volumes

CoinMarketCap.com has unveiled a new ranking system for all trading pairs listed on the industry’s go-to aggregator of cryptocurrency data

29 May 19:38 Finance Magnates 8992138266430413344.html
Govt likely to allocate Rs1,000b for Covid-19

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

29 May 20:28 The Express Tribune 1105816787874259878.html
Low Q4 growth telling commentary on economic mismanagement of BJP govt: Chidambaram

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

29 May 20:12 The Financial Express 1288289580623480782.html
Forbes Strips Kylie Jenner of Billionaire Status for Inflating Size of Her Business

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

29 May 20:15 VLADTV 1404406306446044860.html
The coming recession is the best reason to step up the pace of renewables investment

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

29 May 20:00 the Guardian 1491978795175402119.html
Agriculture, mining saved Indian economy in FY20; manufacturing bites

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

29 May 20:44 Business-Standard 1502508924685765307.html
At 6.1%, growth in per capita income slows: Explained in numbers

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

29 May 20:36 Business-Standard 1502508925213961692.html
Renault plans to cut 14,600 jobs worldwide in race to reduce costs

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

29 May 20:02 Business-Standard 1502508925777635397.html
Ethereum’s Rocketing Funding Rates a Grave Sign for Its Ongoing Rally

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

29 May 20:00 Bitcoinist.com 1696346938031169457.html
UK plans new 5G club of 10 democracies, including India: Report

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

29 May 20:17 Deccan Herald 2027555795968414331.html
Trump administration to study ways to protect for U.S. investors from Chinese firms

WASHINGTON — The Trump administration will study ways to safeguard Americans from the risks of investing in Chinese companies, U.

29 May 20:19 Financial Post 2379081493737104310.html
4 Top Stock Trades for Monday: ZS, CGC, OXY, UBER

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

29 May 20:47 InvestorPlace 24614511035789864.html
Maharashtra: Free foodgrain arrives for migrants, but after most have left the state

While Union Finance Minister Nirmala Sitharaman had announced the free foodgrain scheme for migrants on May 14 as part of the second tranche of the Centre’s ‘Atmanirbhar Bharat’ package, state officials admitted to delays in finalisation of the modalities for its implementation

29 May 20:16 The Indian Express 2885715105157180600.html
GST hike on non-essential items unlikely despite falling revenues

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

29 May 20:22 The Indian Express 2885715105225658193.html
Mergers between galaxies trigger activity in their core

Active galactic nuclei (AGNs) play a major role in galaxy evolution. Astronomers from SRON and RuG have now used a record-setting sample of galaxies to confirm that galaxy mergers have a positive effect ...

29 May 20:40 phys.org 3476726123648574498.html
Parliament recommends suspending payment of R22m to Ingonyama Trust

When the trust tabled its strategic and annual performance plans at a committee meeting, no budget information was included.

29 May 20:43 News24 3752801377780288340.html
US stocks rise after Trump sticks to script on China

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

29 May 20:27 Australian Financial Review 3974284488268327896.html
Are Stocks Out of Control? What We Learned in May

A round-up of market analysis by Bloomberg Opinion.

29 May 20:29 Bloomberg 4032480120849423542.html
Megacap Algo Trade Taking Lumps Right After Everyone Piled In

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

29 May 20:30 Bloomberg.com 4032480120960985868.html
Saudi Arabia Moved $40 Billion in Reserves to Sovereign Fund

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

29 May 20:24 Bloomberg.com 4032480122369902261.html
Economy needs support from PSBs: Union Bank chief

Speaking at a webinar session organised by the BCCI, Rai said that there will be a shift of credit growth in favour of the PSBs, adding that depositors will expect an interest rate of 5.5 per cent.

29 May 15:17 The Financial Express 1288289581102605242.html
When will shops in malls open? Commerce Ministry clarifies after Piyush Goyal meets traders

Issues of retail traders were discussed in a meeting between Commerce and Industry Minister Piyush Goyal on Thursday with representatives of traders associations through video conferencing.

29 May 15:01 The Financial Express 1288289581394739034.html
Corona cess on liquor: Delhi HC seeks detailed reply from Kejriwal government

The Delhi government, in its earlier affidavit, has opposed the petitions which have challenged a May 4 notification levying a 'special corona fees' on liquor in the national capital.

29 May 15:12 The Financial Express 1288289581407433768.html
Vodafone-Idea clarifies on reports of Google seeking to buy equity stake, here’s why the stock fell 15%

Cash-strapped telecom major Vodafone-Idea has clarified that its Board is currently not considering any proposal for investment in the comping, a day after The Financial Times reported that internet giant Google could pick up a 5% equity stake in the firm.

29 May 15:31 The Financial Express 1288289581510191022.html
Instacart’s tip-baiting system is short-changing shoppers, senators say

Congress wants regulators to get involved.

29 May 15:14 The Verge 1337119303192358814.html
Google reportedly rescinds 2,000 contract worker jobs

Google said it would slow hiring "given that we are faced with a global crisis of uncertain depth and duration."

29 May 15:24 The Verge 1337119303948678182.html
Amazon sellers are marking products as ‘collectible’ to get around price gouging rules

Thousand-dollar "collectible" dumbbells and hot tubs.

29 May 15:20 The Verge 1337119304064344503.html
Low demand, high inventory; housing sector facing its worst: CREDAI head

Shah said that interest subvention is the "need of the hour"

29 May 15:20 Business-Standard 1502508925989600952.html
ESAF Small Finance Bank Q4 PBT up 42% at Rs 74 cr, income rises 32%

Full-year PBT doubles to Rs 256.26 crore from Rs 127.18 crore

29 May 15:26 Business-Standard 1502508926521345408.html
India GDP growth slows to 3.1% in Q4 as Covid-19 lockdown hits economy

In the services sector, growth in the hotels and financial services sectors fell to 2.6 per cent and 2.4 per cent in the fourth quarter

29 May 15:42 Business-Standard 1502508926557212155.html
India quarterly growth worst in 2 decades as lockdown bites

India, Asia's 3rd largest economy, expands by just 3.1% in January-March 2020

29 May 15:15 Rappler 1882105643811355860.html
Newcastle reveal they have almost doubled profits in last 12 months and Mike Ashley paid for Sports Direct advertising

The latest Newcastle United club have accounts have been published

29 May 15:03 ChronicleLive 1984146901630359770.html
Decision to open shops in malls soon after taking into account health ministry's guidelines

The decision to open shops in malls, will be taken soon, after taking into account the guidelines of the health ministry, the commerce and industry ministry said on Friday.

29 May 15:31 Oneindia 2023829372661383663.html
Renault to cut 15,000 jobs in ‘vital’ cost-cutting plan

Production capacity will be cut to 3.3m by 2024 from 4m vehicles currently

29 May 15:06 Gulf News 2086521544679207469.html
Travel industry using cleanliness, celebs to woo customers

NEW YORK/LONDON/BEIJING – Lysol is starring with celebrities and rock-bottom prices in the US$8 trillion (S$11.3t) global travel industry’s pitch to get people back on the road and in the air. What was scrubbed from view now leads marketing campaigns as cleanliness is...

29 May 15:11 thenewpaper 2217039561708247540.html
COVID-19: CBN introduces regulatory forbearance for financial institutions

the CBN intervention facilities availed through participating OFIs are granted a further one-year moratorium on all principal repayment effective from March 1, 2020

29 May 15:09 The ICIR 2244788520796633778.html
EU says conditions needed in Lufthansa bailout, seeks deal

The EU competition chief said Friday that she is not 'creating extra hurdles' for Lufthansa after the airline balked at accepting a 9 billion-euro German government rescue package because of what it said were tough EU conditions.

29 May 15:14 CTVNews 2422791598716010005.html
CannTrust Holdings greenhouse licenses reinstated, plans restart of operations

CannTrust Holdings Inc. says Health Canada has reinstated its licences for its greenhouse in Niagara and that it will immediately restart operations.

29 May 15:57 CTVNews 2422791598895593811.html
SNAP Stock Has Some Fundamental Issues That Should Worry You

Snap stock won't see sustained gains unless it broadens its user base, changes its monetization strategy, and markets itself outside the U.S.

29 May 15:08 InvestorPlace 24614509458560656.html
Buy Bed Bath & Beyond Stock Before Consumer Spending Surges

Depressed BBBY stock could surge over the next 12 months and beyond, as turnaround initiatives gain momentum alongside consumer spending.

29 May 15:37 InvestorPlace 24614509586474176.html
Visa Is Buy-Worthy Stock as the U.S. Continues to Reopen

Investors forget just how profitable Visa is. With the country reopening, V stock is worth a closer inspection to see if it's a buy.

29 May 15:11 InvestorPlace 24614510893770173.html
LG Sees Surge in Apple Orders for iPad LCD Panels [Report]

Apple has reportedly asked LG Display to quickly supply a larger than expected number of iPad LCD panels.

29 May 15:29 iClarified 2561039883033446850.html
Quarterly growth slides to 3.1 per cent, more pain feared

Worries centre around Covid surge, slow recovery

29 May 15:48 The Telegraph 2864094127792469017.html
Non-payment of dues since lockdown: Notice served to Statue of Unity contractor L&T

On Friday morning, the SoU management in a statement confirmed that L&T, which has constructed the statue and is also responsible for the maintenance of the site, had defaulted on the payment of wages to its outsourced employees -- mostly the housekeeping staff and security personnel.

29 May 15:11 The Indian Express 2885715104246731192.html
GDP growth slows to 3.1% in Q4; fiscal deficit widens to 4.59% of GDP in 2019-20

Gross Domestic Product (GDP) 4th Quarter Data: The growth in GDP during 2019-20 is estimated at 4.2 per cent, slowing to an 11-year low, as compared to 6.1 per cent in 2018-19.

29 May 15:11 The Indian Express 2885715104331945222.html
GST Council to meet next month; FinMin not for raising rates on non-essential items

If goods and services tax (GST) rates are increased on non-essential items, sources said it will further bring down their demand and impede the overall economic recovery.

29 May 15:29 The Indian Express 2885715105119285954.html
SC issues notice to Tata Sons on cross-appeal of Mistry group firm against NCLAT order

The top court had on January 10 granted relief to Tata group by staying the National Company Law Appellate Tribunal (NCLAT) order of December 18 last year, by which Mistry was restored as the executive chairman of the salt-to-software conglomerate.

29 May 15:14 The Indian Express 2885715105264797198.html
Debate over USD 600 in jobless aid to intensify as claims rise

A debate in Congress over whether to extend USD 600 a week in federally provided benefits to the unemployed looks sure to intensify with the number of people receiving the aid now topping 30 million one in five workers.

29 May 15:02 The Indian Express 2885715105613798556.html
Autorickshaw drivers in Gujarat seek permission to ply after May 31

The president of the Gujarat Auto Rickshaw Driver Action Committee has sent a letter to Gujarat Chief Minister Vijay Rupani with the demands of the autorickshaw drivers, including the release of autorickshaws detained during lockdown by recovering nominal fine from the drivers since their financial condition is very weak at present.

29 May 15:29 The Indian Express 2885715105862471827.html
Star Media Group records Q1 net loss of RM3.98m amid Covid-19 pandemic

KUALA LUMPUR, May 29 — Star Media Group Bhd today reported a net loss of RM3.98 million for the first quarter ended March 31, 2020. The Edge Markets, citing a filing to Bursa Malaysia today, reported that the group’s quarterly revenue declined 20.36 per cent to RM65.76 million from RM82.57...

29 May 15:41 Malaymail 302165935661026772.html
Brazil’s Embraer draws foreign interest after Boeing rift, say sources

SAO PAULO, May 29 — Aircraft makers are circling Brazil’s Embraer weeks after Boeing ditched plans for a historic commercial aviation tie-up, people familiar with the matter said. Boeing axed plans to buy 80 per cent of Embraer’s commercial unit in April, ending a planned move into regional...

29 May 15:10 Malaymail 302165936474241477.html
Peet's Coffee raises $2.5 billion in an IPO despite the coronavirus pandemic

Peet's Coffee raised $2.5 billion in its initial public offering, one of the largest this year despite the coronavirus pandemic.  The company an...

29 May 15:15 Business Insider 3364799146495434791.html
Some US asset managers are slashing fees on money market funds so their investors don't lose money because returns are so low

Asset management firms in the US are slashing fees charged on short-term debt funds as plunging interest rates and yields on US government debt ...

29 May 15:45 Business Insider 3364799147224932629.html
US stocks slide as traders await Trump's China news conference

US stocks slipped on Friday ahead of President Donald Trump's news conference on China. US consumer spending in April also posted the biggest dr...

29 May 15:42 Business Insider 3364799147881206347.html
Forbes removes Kylie Jenner from billionaires list

Olushola Odeyinde Kylie Jenner has been removed from the list of billionaires by Forbes on Friday. The Reality Tv star, Make-up business mogul, and influencer has been accused by Forbes of in...

29 May 15:49 Punch Newspapers 3524240995813629003.html
Crushing the coronavirus uncertainty will be the big ‘unlock’ for economies

IANS New Delhi Crushing the coronavirus uncertainty will be the big ‘unlock’ for economies around the world and to safeguard lives and livelihoods, re

29 May 15:43 The Navhind Times 3656927213999913126.html
Council may find it difficult to raise GST rates

IANS New Delhi The GST Council is unlikely to make major changes in the indirect tax structure at its next meeting slated mid June. A top government so

29 May 15:44 The Navhind Times 3656927214949916337.html
Council may find it difficult to raise GST rates

IANS New Delhi The GST Council is unlikely to make major changes in the indirect tax structure at its next meeting slated mid June. A top government so

29 May 15:43 The Navhind Times 3656927215217498779.html
Delhi HC restrains Quikr, Olx from posting ads related to Reliance, Jio

IANS New Delhi The Delhi High Court has granted Reliance Industries Limited (RIL) an interim injunction against Quikr and OLX India and restrained them fr

29 May 15:42 The Navhind Times 3656927215242612895.html
India’s housing sector facing its worst-ever crisis: CREDAI

IANS New Delhi Already reeling under liquidity concerns, low demand and high inventory levels, India’s housing sector is facing its biggest-ever crisis

29 May 15:45 The Navhind Times 3656927215808293347.html
IOA finance chairman refuses hotel bookings for Tokyo Games without president’s sanction

PTI New Delhi Indian Olympic Association’s finance committee chairman Anil Khanna on Friday defended his decision not to give clearance for hotel bookin

29 May 15:35 The Navhind Times 3656927215897670475.html
Coronavirus Update: How COVID-19 Reforms the Mobility Industry

The coronavirus pandemic has already taken more than 300,000 lives worldwide and caused massive joblessness, but there are a few sectors that are currently booming and benefiting from this crisis.

29 May 15:00 Tech Times 4011848566716369098.html
EUR/GBP retreats from two-month highs, returns below 0.9000

The euro is giving away previous gains against the British pound, pulling back below 0.9000 and turning negative on daily charts. The pair peaked at

29 May 15:18 FXStreet 4480975638064540584.html
NY Fed's GDP Nowcast for Q2 2020 falls to -35.5%

The US economy is expected to contract by 35.5% in the second quarter of the year, the Federal Reserve Bank of New York's latest Nowcasting Report sho

29 May 15:19 FXStreet 4480975638747699232.html
Powell Speech: Fed is strongly committed to using its tools

The Federal Reserve is committed to using its tools, Jerome Powell, Chairman of the Federal Reserve System, reiterated on Friday while delivering a sp

29 May 15:16 FXStreet 4480975639615140128.html
Powell speech: Evidence on whether negative rates work is mixed

The Federal Reserve's Main Street Facility is very challenging because of the wide diversity of companies, Jerome Powell, Chairman of the Federal Rese

29 May 15:34 FXStreet 4480975639672380093.html
EUR/USD: ECB and a packed US data could wane the optimism

EUR/USD is awake, alive, and kicking, hitting the highest in two months. The all-important ECB decision and potentially another devastating US jobs re

29 May 15:02 FXStreet 4480975639795095363.html
Louisiana House votes to create $300 million business fund

The Louisiana House of Representatives on Thursday voted to set aside $300 million in federal pandemic relief aid for small businesses.

29 May 15:00 Washington Examiner 4625792332732838503.html
Long Read: Can China’s Digital Currency Challenge The Supremacy Of US Dollar?

China may well have offered the spark for a currency war, apart from the ongoing trade and tech war.

29 May 15:36 Swarajya 4977622829367736322.html
Centre against Karnataka's move to increase working days: Minister

 Karnataka Law and Parliamentary Affairs Minister J C Madhuswamy on Thursday said the Centre has objected to the state's decision to increase working days at factories, and the matter would be

29 May 04:53 Deccan Herald 2027555797239114463.html
UAE job hires - Tech skills are the most wanted

But mid- to senior management positions are worst hit in this downturn, and more to come

29 May 04:52 Gulf News 2086521544070341084.html
Let’s speed up digital change at banks

There is space available for digital-enabled SME-focused entities to make headway

29 May 04:00 Gulf News 2086521544144482516.html
Merkel Is Seizing Her Chance to Revolutionize Germany's Economy

(Bloomberg) — On a gloomy Friday in March, with the devastation of the coronavirus becoming clear, senior officials in Chancellor Angela Merkel’s government realized that extraordinary measures were needed to shore up Europe’s largest economy.

29 May 04:01 Financial Post 2379081492845340091.html
China, India soak up oil from floating storage as demand recovers

A total of 3.4 million tonnes of crude oil was discharged from floating storage into Asian markets in the past seven days, with China the top destination at 1.8 million tonnes and India second at 842,679 tonnes.

29 May 04:56 The Indian Express 2885715104931034198.html
Covid-19 pandemic may create opportunities to deepen India’s engagement with Africa

India could also create a new fund for Africa and adapt its grant-in-aid assistance to reflect the current priorities. This could include support for new investment projects by Indian entrepreneurs especially in the pharmaceutical and healthcare sectors in Africa.

29 May 04:19 The Indian Express 2885715104972119934.html
Renault poised to announce 15,000 layoffs worldwide

The overall cuts would affect just under 10% of Renault's 180,000 global workforce. The firm has around 48,500 staff in France.

29 May 04:35 The Indian Express 2885715105049920910.html
Google considering taking stake in Vodafone Idea: Report

A deal with Google could be a lifeline for Vodafone Idea, which owes as much as Rs 54,000 crore in adjusted gross revenue dues to the government.

29 May 04:52 The Indian Express 2885715105377118764.html
Travel disruptions, cost cutting key issues for US business in China, says report

BEIJING, May 29 ― Global travel disruptions are the top concern for American businesses in China, of which many are cutting compensation and bonuses amid the fallout of the Covid-19 epidemic, according to a report from a business group. Ninety per cent of the 100 or so respondents said they were...

29 May 04:40 Malaymail 302165935174536724.html
East African Portland Cement To Fire More Employees

The East African Portland Cement Company (EAPCC) has announced fresh lay offs through voluntary early retirement for all employees.According to acting managing director Stephen Nthei, the scheme i

29 May 04:46 KahawaTungu 3304128542375062612.html
CBN forecasts slower growth, reduces lending rate to 12.5%

Nike Popoola The Monetary Policy Committee on Thursday said the lower growth recorded in the economy in first quarter of 2020 was expected to dip slightly but with combined monetary and fiscal sti...

29 May 04:27 Punch Newspapers 3524240994080558843.html
DMO faults Reps, says lawmakers approved $3.18bn Chinese loans

Ihuoma Chiedozie, Abuja The Debt Management Office has said all the loans collected by the Federal Government from China, which are being scrutinised by the House of Representatives, were approved...

29 May 04:11 Punch Newspapers 3524240995412558322.html
Price crash: NNPC targets $10 oil production cost

’Femi Asu The Nigerian National Petroleum Corporation has said it is looking to drive down the cost of producing a barrel of crude oil to $10 and below in oilfields across the country. The Group ...

29 May 04:10 Punch Newspapers 3524240995965550370.html
ASIC bans ex-Linchpin Capital boss Peter Daly for five years

Two fellow directors have also been banned by the corporate regulator after a failed attempt to keep.

29 May 04:19 Australian Financial Review 3974284488090631608.html
Brookfield re-enters race for Virgin with surprise bid

It remains unclear how Brookfield's 11th-hour pitch will affect the rest of the process, which will see the administrators reduce the bidders to just two.

29 May 04:25 Australian Financial Review 3974284488133632511.html
COVID-19: Lagos govt reviews BRT occupancy to 42 passengers

The Lagos State Government has given approval to operator of BRT, to carry 42 passengers seated with no standing as against earlier directive

29 May 04:39 Vanguard News 4125100340448543051.html
Sensex, Nifty fall ahead of GDP numbers; Vodafone Idea jumps 14%

At around 9:30 am, BSE Sensex was trading 259.77 points lower at 31,940.82, while NSE Nifty was down 0.72 per cent at 9,422. By 9:35 am, Sensex was down over 320 points and Nifty was struggling to stay above 9,400. 

29 May 04:15 India Today 4286117813990442598.html
Pandemic job losses slow down

The pace of job losses is slowing but still extreme, setting the expectation that job loss will still be at a historic high next week.

29 May 04:00 Washington Examiner 4625792332279279304.html
Wipro names former Capgemini COO Thierry Delaporte as new CEO; Neemuchwala to leave on 1 June

Thierry Delaporte, who will replace Abidali Neemuchwala, was most recently the chief operating officer of Capgemini Group.

29 May 04:10 Firstpost 4760741712676426010.html
Wipro Appoints Capgemini's Thierry Delaporte As CEO, Managing Director

Wipro has appointed Capgemini executive Thierry Delaporte as its chief executive officer and managing director, the company said in a regulatory filing.

29 May 04:05 NDTV.com 5090057681448379975.html
Wipro Shares Gain Over 2% On Appointment Of New CEO And Managing Director

Wipro shares gained more than 2 per cent on the BSE on the appointment of Capgemini executive Thierry Delaporte as new CEO and managing director.

29 May 04:51 NDTV.com 5090057682265371242.html
Aimia vows to fight Air Canada's court move to halt upcoming merger

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

29 May 04:00 KitchenerToday.com 52741009381953309.html
FDI into India increased 18 per cent to $73 billion in 2019-20

This will spur job creation, says Union Minister Piyush Goyal

29 May 04:08 BusinessLine 5283600588226900.html
Datalogic Makes Investment in AWM Smart Shelf

The deal positions Datalogic for growth into new technology areas.

29 May 04:30 WWD 5490910668995989931.html
Furla to Open New Plant, Introduce New Store Concept

The Italian accessories company has been streamlining its distribution and raising its positioning.

29 May 04:01 WWD 5490910669615320701.html
As Australia opens back up for businesses, jobseekers are once again searching for roles in hospitality and other hard-hit sectors

The Australian job market has just undergone what will go down as its strangest few months on record, as businesses begin reopening their doors.

29 May 04:49 Business Insider Australia 5575934300968527964.html
Faltering Renault to cut 15,000 jobs worldwide, including 4,600 in France

French carmaker Renault said on Friday it was launching talks with unions to restructure some plants and potentially close others as it confirmed plans to cut around 15,000 jobs worldwide to ride out…

29 May 04:19 France 24 5635134571035291232.html
Brighthouse Financial Inc: A 6.75% Preferred Stock IPO From This Life Insurer

Brighthouse's new preferred stock, BHFAO, is currently trading above its par value. The common stock does not pay dividend, but the company holds almost $9 bill

29 May 04:34 Seeking Alpha 5725634556074865333.html
Remark Holdings, Inc. (MARK) CEO Kai-Shing Tao on Q4 2019 Results - Earnings Call Transcript

Remark Holdings, Inc. (NASDAQ:MARK) Q4 2019 Earnings Conference Call May 28, 2020, 04:30 PM ET Company Participants Brian Harvey - Director of IR and Capital Ma

29 May 04:05 Seeking Alpha 5725634557082532266.html
16 Passengers In IndiGo, Other Airlines Test Positive For Covid-19 After Resumption Of Domestic Air Travel

Ever since domestic air travel restarted from May 27, over 16 passengers have tested positive for coronavirus despite stringent precautionary measures.

29 May 04:07 Abplive 5873643725705609882.html
GDP Numbers Expected To Show India's Economy Grew At Slowest Pace In 2 Years

Economists expect the fiscal year that began in April will see the worst economic contraction in four decades.

29 May 04:06 HUFFPOST 6665507018615307945.html
Agent Scott Boras urges clients not to 'bail out' MLB club owners

Agent Scott Boras recommends his clients refuse Major League Baseball’s attempt to cut salaries during negotiations with the players’ association, claiming

29 May 04:25 The Japan Times 6673764367996823752.html
Business Live: Indian shares fall ahead of GDP data; Vodafone jumps

Updates from the world of economy, markets, and finance

29 May 04:06 The Hindu 6679535025163072287.html
Indian Fintech U GRO Capital Partners Global Value Creation Partners to Offer Better Online Lending Services to SMEs

Indian Fintech U GRO Capital, an online lending platform for SMEs, has teamed up with Global Value Creation Partners (GVCP), in order to provide better financin

29 May 04:22 Crowdfund Insider 6834688072843542136.html
India’s economy seen slowing rapidly in March quarter, with worse to come

Economists expect worst financial contraction in four decades

29 May 04:08 The Globe and Mail 68426411471686560.html
Mortgage repayment cliff beckons

A Senate committee has been told that businesses and households have now deferred around $250 billion worth of loan repayments due to the coronavirus pandemic. However, Australian Prudential Regulation Authority (APRA) chairman Wayne Byres conceded that some customers will not be able to repay their loans when they are required to resume repayments:

29 May 04:00 MacroBusiness 6890797930415665609.html
BBVA calls for easing of coronavirus restrictions

Spanish bank’s chairman Carlos Torres says move is needed to kick-start economy

29 May 04:00 Ft 707176887978124562.html
Pandemic accelerates desire to pass down wealth

Fear over potential tax rises leads to a rise in people gifting assets to family members

29 May 04:00 Ft 707176889486444418.html
Will London’s newest skyscraper become a monument to the market peak?

Demand across the sector has plummeted as businesses look to cut costs and rethink how staff work

29 May 04:00 Ft 707176889969711426.html
It’s another uneventful year as aviation enters grim future

President Muhammadu Buhari prior to 2015 election promised the aviation community just one item: a new national carrier in the status of the defunct Nigeria Airways. His choice of Capt. Hadi Sirika

29 May 04:22 The Guardian 7580308503874371110.html
Row over N50b AMCON’s bailout, new loans for aviation

The Asset Management Corporation of Nigeria (AMCON) yesterday disclosed that it injected N50 billion to stabilise the operations of the aviation sector between 2012 and 2020.

29 May 04:22 The Guardian 7580308504172840070.html
Nigeria better today, presidency insists

The presidency yesterday insisted Nigeria is better today than it was when President Muhammadu Buhari took over the reins of government on May 29, 2015.

29 May 04:30 The Guardian 7580308504187478955.html
‘Oil revenue may drop further to 25 per cent of budget’

With Nigeria’s revenue from oil and gas dropping by N425.52billion in the first quarter (Q1) of 2020 to N940.91billion, according to the Minister of Finance, Budget and National Planning, Zainab Ahmed

29 May 04:18 The Guardian 7580308505443940978.html
Buhari’s herculean task of lifting countrymen out of despair, poverty

Having shrugged off the challenge of Atiku Abubakar, the candidate of the main opposition Peoples Democratic Party (PDP) at last year’s polls, President Muhammadu Buhari

29 May 04:18 The Guardian 7580308505776124801.html
Should we fear post-pandemic inflation?

Inflation could well go through a yo-yo effect, as is already happening with other economic indicators.

29 May 04:42 The Economic Times 7653256036795867917.html
India’s key growth engine grinds to halt in sign of slump

Businesses providing services of everything from technology to travel and trade were the first to be hit by lock down. Unlike manufacturing-heavy economies like China and South Korea, in India, the services sector accounts for 55% of gross domestic product -- and the slump in output has had ripple effects on jobs and economic growth.

29 May 04:31 The Economic Times 7653256037208815126.html
Travel disruptions, cost cutting key issues for U.S. business in China

Ninety percent of the 100 or so respondents said they were affected by such disruptions, up from 77% last month, according to a monthly survey on the impact of COVID-19 by the American Chamber of Commerce in China, released Friday.

29 May 04:06 The Economic Times 7653256037733498823.html
Voda Idea jumps 35% on reports Google eyeing 5% stake in telco

For a 5 per cent stake, Google will have to shell out $110 million.

29 May 04:22 The Economic Times 7653256038275645702.html
Everything shoppers will be banned from doing when stores reopen

Rules and restrictions will be in place for stores and shoppers

29 May 04:00 Liverpool Echo 7727211173724666264.html
Covid-19 crisis to trigger 20% fall in FDI

The State is now in eighth spot in a ranking of most attractive European locations for FDI

29 May 04:32 The Irish Times 8204772967858010592.html
Covid-19 crisis to cause FDI investment to the Republic to fall by 20% this year

The State is now in eighth spot in a ranking of most attractive European locations for FDI

29 May 04:32 The Irish Times 8204772968989439190.html
Soros Reportedly Suggests Reviving 18th Century Bond Scheme to Help EU Weather COVID-19 Cost

The billionaire also described the coronavirus as a threat to "the survival of our civilization", which "moves very fast and in unpredictable ways".

29 May 16:01 Sputniknews 967333868771764598.html
Tax shortfall drives fiscal deficit in FY20 to 4.6% against target of 3.8%

Gross tax collection for FY20 was Rs 20.09 lakh crore, against the revised estimate of Rs 21.63 lakh crore. What is more worrying is the fact that the gross tax collection is lower than the previous year's collection of Rs 20.8 lakh crore

29 May 17:28 Business Today 1145527432392606357.html
Singapore top source of FDI in FY20 with investments worth $14.67 billion

In the last financial year, India attracted USD 14.67 billion in FDI from Singapore, whereas it was USD 8.24 billion from Mauritius, according to the data of the Department for Promotion of Industry and Internal Trade (DPIIT).

29 May 17:29 The Financial Express 1288289579602325579.html
Home delivery of petrol, CNG: Govt mulling new retailing model to make all fuels available at one place

The minister said city gas network of CNG supplies to automobiles and piped cooking gas to kitchens will soon cover 72 per cent of the country's population.

29 May 17:39 The Financial Express 1288289579641344531.html
Rural income is likely to shore up in coming months; Nestle’s Suresh Narayanan explains why

While declining rural incomes have caused much woes to India’s FMCG sector, the same is expected to shore up in the coming months thanks to various factors such as good monsoon.

29 May 17:48 The Financial Express 1288289580000353334.html
First-quarter earnings to be adversely hit by lockdown, here’s how to invest | Angel Broking INTERVIEW

With the nation-wide lockdown spreading over two months of the first quarter of financial year 2020-21, it is a given that India Inc’s first quarter earnings are to be adversely impacted.

29 May 17:12 The Financial Express 1288289581334097060.html
Odisha unveils Rs 17,000-cr plan to support people’s livelihood hit by economic crisis

The decision was taken at a Council of Ministers meeting presided over by Chief Minister Naveen Patnaik, a senior official said.

29 May 17:57 The Financial Express 1288289581509874269.html
These were the 10 biggest European tech stories this week

These were the 10 European tech stories this week

29 May 17:10 Tech.eu 1356465907997933592.html
Last Minute Addition To Louisiana Bill Hamstrings Community Broadband

We've long noted that roughly twenty states have passed laws either outright banning community broadband, or tightly restricting...

29 May 17:18 Techdirt 1456370857981979853.html
The Guardian view on wage subsidies: unemployment costs too

Editorial: Almost a third of the UK workforce are now reliant on government support for their income. If it is withdrawn while the economy is hibernating then joblessness will rise

29 May 17:25 the Guardian 1491978795454863231.html
Lupin reports 25% fall in pre-tax profit at Rs 412 cr in Q4 on low sales

On a sequential basis, however, the company fared better, both in terms of sales and profits. The stock ended day's trade at Rs 869.8, down 1.3 per cent.

29 May 17:13 Business-Standard 1502508925032360264.html
Mumbai, Bengaluru and Cochin airports hike landing charges by up to 45%

The increase in charges by the airports was allowed by the Airport Economic Regulatory Authority (AERA) - the regulatory body which fixes chargers for airports

29 May 17:52 Business-Standard 1502508925038515065.html
Private equity player Bain Capital in talks to up stake in Axis Bank

In 2017, the lender had approved and conducted a sale of 9 per cent stake to raise Rs 11,626 crore, in a round led by Bain Capital.

29 May 17:56 Business-Standard 1502508925068846173.html
GST Council to meet next month; Finance Ministry not in favour of raising rates on non-essential items

The finance ministry is not in favour of increasing goods and services tax rates on non-essential items in the next month's meeting of the GST Council, despite depressed revenue collections due to

29 May 17:44 Deccan Herald 2027555797785450140.html
Expo body formally approves one-year delay to Expo 2020 Dubai

Expo Dubai will now start in October 2021

29 May 17:44 Gulf News 2086521544542448729.html
Dow Jones Slumps as Cisco Acquires a Cloud Company, Home Depot Stock Moves Closer to 52-Week High

Cisco will reportedly pay $1 billion to expand its software portfolio, and Home Depot continues to rally.

29 May 17:16 The Motley Fool 2231313657702118140.html
Should You Buy Hertz Stock Now?

Understanding Hertz's current scenario is important to avoid a huge investing mistake.

29 May 17:21 The Motley Fool 2231313658881503280.html
Visa Stock Is the Best Payments Powerhouse for Your Portfolio

Visa stock is beating the market in 2020; its ability to adapt and even thrive amid chaos proves long-term viability.

29 May 17:17 InvestorPlace 24614509496439379.html
Buy the Post-Earnings Dip in Canopy Growth Stock Now

Canopy Growth's fourth-quarter earnings report was not good. But the big-picture trends remain favorable, and CGC stock will bounce back.

29 May 17:08 InvestorPlace 24614510364379114.html
Salesforce Stock Still a Buy as Its Software Gains Influence

Salesforce stock took a tumble after Q1 earnings, but ditching CRM stock now would be rather shortsighted.

29 May 17:30 InvestorPlace 24614510903444915.html
Is Microsoft Stock About to Go Into a Lengthy Stall? 

Microsoft trades at 30 times forward earnings. Some believe Microsoft stock is overvalued and about to go into a lengthy stall. 

29 May 17:59 InvestorPlace 24614510940221742.html
US billionaires have increased their net worth by $485 billion during the last 10 weeks of the pandemic, report says

US billionaires added almost half a trillion dollars to their collective wealth during the past 10 weeks, a report by the Institute for Policy S...

29 May 17:21 Business Insider 3364799147970965275.html
Debate over $600 in jobless aid to intensify as claims rise | Honolulu Star-Advertiser

WASHINGTON >> A debate in Congress over whether to extend $600 a week in federally provided benefits to the unemployed looks sure to intensify with the number of people receiving the aid now topping 30 million — one in five workers.

29 May 17:00 Star-Advertiser 3439335387710437062.html
Self-employed scheme extension leaves ‘vulnerable at risk’, says arts trade body

Caroline Norbury, Creative Industries Federation CEO, warned against a ‘cliff-edge’ end to support.

29 May 17:47 Shropshire Star 3480199993210954472.html
Lessons from recent regional developments

DESPITE the significant challenges posed by Covid-19 particularly along the lines of sociopolitical repercussions and economic impact to locals, the Malaysian government should also pay attention to the aspect of foreign affairs – namely the developments in Southeast Asia and East Asia.

29 May 17:00 The Malaysian Insight 3531883210766084814.html
What do the new furlough rules mean for workers and businesses?

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

29 May 20:57 Metro 970161748761876875.html
No decision taken on setting up bad bank: Finance Minister official

The finance ministry on Friday said there is no decision taken on the proposal of setting up of a government-sponsored bad bank to help ease pressure on lenders with regard to non-performing assets

29 May 21:05 Deccan Herald 2027555797028310212.html
Stock Market Wrap-Up: Yes, This Retail Stock Really Did Hit a Record High Friday

The overall market was mixed to finish the week, but even a hard-hit industry had a big winner.

29 May 21:31 The Motley Fool 2231313658923426391.html
More stimulus package for MSMEs coming, says FG

The Federal Government will soon roll out additional stimulus packages for Micro Small and Medium Enterprises (MSMEs) across the country....

29 May 21:10 Latest Nigeria News, Nigerian Newspapers, Politics 2658445901060881208.html
Saudi Arabia moved US$40 billion in reserves to sovereign fund

The move comes as the world’s largest crude exporter faces exceptional fiscal pressure from a crash in global oil markets.

29 May 21:47 BNN 3833521689627673867.html
Germany Reaches EU Deal on $9.9 Billion Lufthansa Bailout

The German government worked out its differences with the European Commission over a 9 billion-euro ($9.9 billion) bailout of Deutsche Lufthansa AG, clearing the way for the rescue of Europe’s biggest airline to move forward.

29 May 21:11 Bloomberg.com 4032480121783266548.html
Forbes drops Kylie Jenner from billionaires list

Kylie Jenner isn't a billionaire after all, Forbes as it accused the reality TV star's family of "inflating the value of her cosmetics".

29 May 21:03 Vanguard News 4125100339084925661.html
Globe continues to build its 5G network despite GCQ

As the country slowly works its way into the new normal, Globe remains steadfast in building its 5G network for launching in the coming weeks, following the transition of key areas from Modified Enhanced Community Quarantine to General Community Quarantine.

29 May 21:30 manilastandard.net 4715274784693123885.html
Puregold’s profit climbed 16.8% to P1.76b in Q1

Supermarket chain operator Puregold Price Club Inc. said Friday consolidated net income increased by 16.8 percent in the first quarter to P1.76 billion from P1.51 billion in the same period last year as the coronavirus pandemic boosted demand for essential goods.

29 May 21:40 manilastandard.net 4715274785762033583.html
Most actively traded companies on the TSX

TORONTO — Some of the most active companies traded Friday on the Toronto Stock Exchange: Toronto Stock Exchange (15,192.83, down 69.90 points.) Bombardier Inc. (TSX:BBD.B). Industrials. Down 3.5 cents, or 7.29 per cent, to 44.

29 May 21:32 KitchenerToday.com 52741010554112664.html
Agriculture's contribution to Nigeria's economy in Q1 'highest in two years' - NBS

The contribution of Nigeria’s agricultural sector to the Gross Domestic Product (GDP) in the first quarter of 2020 was the sector's highest first-quarter

29 May 21:20 Premium Times Nigeria 5456729300605007740.html
Carrefour CEO Says Omnichannel Approach Helped With Front-Line Efforts

“Our group has become an essential actor for food — a public service,” said ceo Alexandre Bompard.

29 May 21:23 WWD 5490910669403386131.html
Uber launches hourly ride booking option in some US cities

Uber Technologies Inc on Friday said it would offer rides by the hour in some U.S. cities, a feature aimed at helping Americans with essential ...

29 May 21:10 CNA 5644198862890484585.html
OPEC delivers three quarters of record oil cut in May: survey

OPEC oil output hit the lowest in two decades in May as Saudi Arabia and other members started to deliver a record supply cut, a Reuters survey ...

29 May 21:35 CNA 5644198863224637226.html
OPEC delivers three quarters of record oil cut in May: Survey

OPEC oil output hit the lowest in two decades in May as Saudi Arabia and other members started to deliver a record supply cut, a Reuters survey ...

29 May 21:35 CNA 5644198863599590956.html
Charter Communications' EBITDA Margin Should Continue To Expand In 2020

Charter Communications is the second largest cable operator in the United States. The company should be able to continue to grow its cable Internet business tha

29 May 21:17 Seeking Alpha 5725634556387467144.html
Garrett Motion: Significant Upside Potential But Fragile Financial Situation

Garrett Motion has a solid business with a dominant share of the market. However, the company is in a fragile financial situation with large maturities in 2025

29 May 21:40 Seeking Alpha 5725634556496245239.html
The Markets End The Week In An Uptrend (Technically Speaking For 5/25-5/29)

The leading indicators points toward a continued contraction. The coincidental data shows the sharpest contraction in the last 100 years. The overall trends rem

29 May 21:11 Seeking Alpha 5725634556883966311.html
Jan-March expansion at 40 quarter low of 3.1%, 2019-20 GDP growth at 11-year low of 4.2%

India Business News: The country’s economic growth in the January-March quarter of 2019-20 expanded at its slowest pace in 40 quarters at 3.1%, dragged down by the manufac

29 May 21:00 The Times of India 6060938663797574140.html
Statistics Canada says first-quarter GDP worst showing since 2009

OTTAWA - Canada's economy had its worst quarterly showing since 2009 through the first three months of 2020 owing to COVID-19, Statistics Canada said Friday

29 May 21:12 iNFOnews.ca 6669504244794321610.html
‘Cut cigarette taxes to pre-GST levels’

This will help to bring market share of smuggled foreign brands: FAIFA

29 May 21:35 The Hindu 6679535024439549090.html
Do not shift shops: vegetable traders

Over 120 traders operate at the VOC market and the Salem Corporation has proposed renovation of the place under the Smart Cities Mission.

29 May 21:49 The Hindu 6679535025799184303.html
Council-run markets to start selling more goods including plants and cakes

More stalls will be joining food traders on markets in west Suffolk from next week.

29 May 21:26 East Anglian Daily Times 681138150752429830.html
Billionaire Premji Hires Wipro CEO From His Rival Capgemini Thierry Delaporte New CEO

Thierry Delaporte will take over effective July 6, replacing Abidali Z Neemuchwala. Wipro named Thierry Delaporte chief executive officer, recruiting … Billionaire Premji Hires Wipro CEO From His Rival Capgemini Thierry Delaporte New CEO Read More »

29 May 21:00 ISSCNC 6824315490122442738.html
Impact of Coronavirus (COVID-19) Lockdown Economy Needs Support From PSBs, Says Union Bank Chief

The country’s economy, which has been hit by the COVID-19 outbreak, needs support from the public sector banks (PSBs) to … Impact of Coronavirus (COVID-19) Lockdown Economy Needs Support From PSBs, Says Union Bank Chief Read More »

29 May 21:59 ISSCNC 6824315491455299513.html
New Zealand Cricket set to cut jobs amid coronavirus pandemic

New Zealand Cricket looks set to cut it's workforce by 10-15 percent as it forecasts significant cuts to revenue due to the coronavirus pandemic.

29 May 21:43 Sport 682566035373598981.html
Virtual Congress: House Financial Service Committee Fintech Task Force Schedules Meeting on Inclusive Banking

The House Financial Services Committee has posted its list of hearings for the month of June. The Committee like other Congressional committees has mi

29 May 21:52 Crowdfund Insider 6834688073344512170.html
What’s Going on with Peer to Peer Lender Grupeer?

A couple of months ago Grupeer, a peer to peer lender ostensibly based in Latvia, shut-down all lending and allegedly halted all investor redemptions.

29 May 21:46 Crowdfund Insider 6834688073958117180.html
GBP/USD: New month, new falls amid a never ending Brexit story

GBP/USD cannot complain about the lack of volatility – albeit things are becoming more complex. The first week of June consists of top-tier US publica

29 May 14:52 FXStreet 4480975639183459010.html
Gold Price News and Forecast: XAU/USD at yesterday’s high [Video]

The outlook for gold remains on a knife edge. Following the rebound from $1693 on Wednesday the market has rallied back into the resistance around the

29 May 14:25 FXStreet 4480975639675321478.html
USD/CAD rebounds from multi-month lows, trades above 1.3770

The USD/CAD pair dropped to its lowest level since early March at 1.3713 during the early trading hours of the American before staging a decisive reco

29 May 14:56 FXStreet 4480975639880514054.html
EUR/USD: Outside overbought territory bulls will keep at the helm

Bulls are in control, as long as the EUR/USD pair remains outside the overbought territory. Nonetheless, Early June's daily chart is painting a mixed

29 May 14:45 FXStreet 4480975640090836017.html
Nissan settles dispute with Tamil Nadu government over unpaid dues of Rs 5000 crore: Report

The Japanese auto major was to receive between Rs 1400 crore (USD 185 million) and Rs 1800 crore (USD 238 million) as per the settlement, said the report.

29 May 14:24 The New Indian Express 4718288653695455935.html
UK plans new 5G club of 10 countries, including India, to reduce reliance on China, says report

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

29 May 14:46 Firstpost 4760741712043073515.html
US consumer spending sinks by record 13.6% in face of virus

WASHINGTON — U.S. consumer spending plunged by a record-shattering 13.6% in April as the viral pandemic shuttered businesses, forced millions of layoffs and sent the economy into a deep recession.

29 May 14:03 KitchenerToday.com 52741009612073832.html
Canopy Growth reports $1.3B fourth-quarter loss, hits reset on strategic focus

Canopy Growth Corp. is rethinking its first-to-every-market strategy after reporting a $1.3-billion loss in its fourth quarter. The Smith Falls, Ont.

29 May 14:51 KitchenerToday.com 52741009941289089.html
US consumer spending sinks by record 13.6% in face of virus

WASHINGTON — U.S. consumer spending plunged by a record-shattering 13.6% in April as the viral pandemic shuttered businesses, forced millions of layoffs and sent the economy into a deep recession.

29 May 14:03 KitchenerToday.com 52741010604468209.html
Apex court to hear Mistry’s plea for seat on Tata Sons board

The Supreme Court on Friday agreed to hear ousted Tata Group Chairman Cyrus Mistry’s petition seeking a “proportionate” representation for Shapoorji Pallonji Group (SP Group) on Tata Sons board.The SP

29 May 14:05 BusinessLine 5283600208135237.html
Centre will soon decide on opening shops in malls: Goyal

‘MSME schemes, including credit guarantee programme, covers traders also’

29 May 14:56 BusinessLine 5283600869094175.html
Handicraft exporters to attract global buyers virtually amid Covid curbs

More than 200 exporters to participate in online exhibition from June 1-4

29 May 14:59 BusinessLine 5283601574865373.html
Nick Vile Joins Executive Leadership Team Under Realignment To Promote More Seamless Delivery

oOh!media today announced that Nick Vile, General Manager of its New Zealand operations, has been elevated to the company’s Executive Leadership Team (ELT) as part of a realignment to promote greater cohesion and integration across the business.

29 May 14:37 SCOOP 5315658998351913799.html
Minimum Wage Hikes And Handouts -Sounds Like Labour

“It sounds like Labour, is what I’m already hearing about National’s promise to raise the minimum wage regularly while handing out money to businesses,” according to ACT Leader David Seymour

29 May 14:49 SCOOP 5315658999733424091.html
Volkswagen invests US$2.2b in Chinese electric vehicle sector

Volkswagen said on Friday it will invest around 2 billion euros ($2.2 billion) in two Chinese companies in the electric vehicle sector, calling it ...

29 May 14:53 CNA 5644198863838329826.html
3M: Don't Buy This Dividend King And No, COVID-19 Is Not To Blame

MMM is a Dividend King with a 61-year streak of increasing dividends and has been a dividend growth investor favorite. First-quarter results were acceptable and

29 May 14:00 Seeking Alpha 5725634556593723098.html
Selling My Uber To Get More Uber

A Grubhub deal seems like a foregone conclusion at this point. Uber seems like the most likely winner of a consolidation deal at this time. Other players like D

29 May 14:42 Seeking Alpha 5725634556878880961.html
Nutanix: Strong Subscription Revenue Proves Bull Thesis

Nutanix reported revenue and billings growth of 11% during the quarter, though subscription revenue grew an impressive 55% and represents ~82% of total revenue.

29 May 14:17 Seeking Alpha 5725634557541200366.html
Marathon Oil: A Strong Balance Might Not Be Enough

Marathon Oil reported an adjusted loss of $0.16/share for Q1-2020 and with declining production and oil prices of less than $40/bbl, it might report more losses

29 May 14:37 Seeking Alpha 5725634558134652632.html
Dundalk Shoppers: New 'Traffic Light' queue system to be rolled out at Lidl stores

Lidl Ireland are introducing a new Covid-19 queue management system designed to control the number of customers entering and exiting the store at any one time, in order to maintain social distanc...

29 May 14:33 Dundalk Democrat 5738461709048227727.html
THE ONLINE GROCERY REPORT: The coronavirus pandemic is thrusting online grocery into the spotlight in the US — here are the players that will emerge at the top of the market

This report looks at the state of online grocery adoption before the shopping method became vital to many consumers amid the pandemic.

29 May 14:58 Business Insider 6060062399346154836.html
Enterprise became America's largest car rental by hiring 'amiable jocks' straight out of college, and it might help it survive the car rental apocalypse

As other car rental companies begin to bite the dust, Enterprise's unique hiring strategy may allow it navigate unprecedented challenges facing the industry.

29 May 14:41 Business Insider 6060062400428197631.html
Real-time payments are seeing rapid uptake during the pandemic

The Clearing House's real-time payments network may quickly attract FIs as the pandemic convinces firms to adopt the speedy payment option.

29 May 14:39 Business Insider 6060062400523462369.html
Elon Musk just cleared the first of 12 levels that end in a $55 billion payday. Here's how his elaborate Tesla compensation plan works.

Musk's compensation agreement with Tesla includes 12 "tranches" of stock options that become available only after certain goals are hit.

29 May 14:53 Business Insider 6060062401344258423.html
Endeavour receives shareholder approval for Semafo merger

Endeavour Mining has announced that its shareholders have voted “overwhelmingly” in favour of its acquisition of Semafo, which was announced in March.

29 May 14:21 Mining Technology 639193377425633526.html
Government to negotiate new deal with private hospitals

The current deal to use private facilities during the Covid-19 crisis will not be extended beyond the end of June.

29 May 14:06 TheJournal.ie 6446904419125093471.html
Pakistan resumes int’l flight operations from Saturday

ISLAMABAD: The Civil Aviation Authority (CAA) on Friday announced that Pakistan will resume international flight operations from May 30 (Saturday).“As per decision of the federal government, th

29 May 14:55 Pakistan Today 6621510368354719955.html
Concession in fixed charge of power bills

The government has decided to grant 25% concession in the fixed charge of the power bills of commercial and industrial units and private hospitals for March, April and May and granted time up to Decem

29 May 14:52 The Hindu 6679535025907992430.html
Newmark Capital tipped as buyer of $120m David Jones store

Melbourne-based Newmark Capital has started the ball rolling in post COVID-19 retail property deals.

29 May 14:00 WAtoday 6806590898561600176.html
If we must have a pay freeze, spare front-line jobs dominated by underpaid women

Any halt to pubic sector pay rises in NSW needs to be short-lived, and the way to recovery must account for the glaring gender pay gap.

29 May 14:00 WAtoday 6806590898731857924.html
We must create more jobs, not give extra money to public servants

Public sector pay rises in the middle of a global pandemic do not benefit the 8 million people of NSW, many of whom are suffering right now.

29 May 14:05 WAtoday 6806590898757557909.html
Deloitte's call for Virgin emergency cash rejected as liquidity fears rise

The federal government has rejected at least one direct plea from Virgin Australia's administrator Deloitte for emergency funding, raising concerns it might fall into liquidation before new owners are found.

29 May 14:00 WAtoday 6806590898819158164.html
NRL keeps Origin, grand final exclusivity up sleeve for next TV deal

The NRL has kept an ace up its sleeve as it prepares to return to the negotiation table with Nine in the next 18 months.

29 May 14:01 WAtoday 6806590899094914060.html
Developer offers tenants half-price rent at prime site

Rents are being cut in half in a new office development just south of Sydney's CBD.

29 May 14:00 WAtoday 6806590899416090734.html
Reality check for hot city fringe office markets

Vacancy in city fringe office markets is expected to almost double by the end of next year.

29 May 14:00 WAtoday 6806590899418763122.html
Redcape Hotel to reopen pubs as restrictions taper off

Listed pub group Redcape says its primed to reopen its doors on Monday, with new-look properties and changes to how it serves customers in the post-pandemic era.

29 May 14:00 WAtoday 6806590899450220461.html
Lead and we follow: country of over-achievers in times of crisis

History shows that national unity only lasts as long as the emergency.

29 May 14:01 WAtoday 6806590900213402508.html
Friday’s Insider Report: Stocks that three CEOs are trading

A REIT among stocks featured

29 May 14:06 The Globe and Mail 68426410263821878.html
Mackay Shields LLC Increases Holdings in Vanda Pharmaceuticals Inc. (NASDAQ:VNDA)

Mackay Shields LLC lifted its position in Vanda Pharmaceuticals Inc. (NASDAQ:VNDA) by 16.5% in the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 64,822 shares of the biopharmaceutical company’s stock after purchasing an additional 9,200 shares during the period. Mackay Shields LLC owned 0.12% of Vanda Pharmaceuticals […]

29 May 14:44 Markets Daily 6922190227788816226.html
Insider Selling: MGP Ingredients Inc (NASDAQ:MGPI) Director Sells $21,870.00 in Stock

MGP Ingredients Inc (NASDAQ:MGPI) Director Karen Seaberg sold 250 shares of the business’s stock in a transaction that occurred on Saturday, February 1st. The stock was sold at an average price of $87.48, for a total transaction of $21,870.00. Following the sale, the director now directly owns 3,977 shares in the company, valued at approximately […]

29 May 14:58 Markets Daily 6922190228717439945.html
PizzaExpress to launch pasta delivery service in hunt for revenues

Chain’s private equity owners consider survival options including restaurant closures and debt-for-equity swap

29 May 14:06 Ft 707176889334804893.html
Threshold are calling for an immediate extension on the ban of evictions and rent increases

Threshold, an Irish housing charity, has today called for an extension on the ban currently in place on evictions and rent increases, which is due to...

29 May 14:33 Buzz.ie 7092425147046723556.html
India quarterly growth worst in two decades as lockdown bites

India's economy grew at its slowest pace in at least two decades last quarter, government data showed Friday, with warnings of far worse to come as it grapples with the fallout of the world's largest coronavirus lockdown. The figures beat even gloomier forecasts, with Bloomberg News predicting

29 May 14:50 Yahoo 7097669638683885976.html
Bank of Russia to Develop Digitial Mortgage on Blockchain Platform

Russia’s central bank, the Bank of Russia, is looking to develop a digital mortgage on Masterchain, a government-backed blockchain project.

29 May 04:00 BTC Manager 8549607153216642317.html
Australian Small Business and Family Enterprise Ombudsman Kate Carnell answers your questions

Small businesses are hurting, but stepping up to play their part in the nations post-COVID recovery. Australian Small Business and Family Enterprise Ombudsman Kate Carnell was online today to answer readers questions.  

29 May 05:39 The Daily Telegraph 1055835840916679377.html
Wall Street has billions to lose in China from rising strain

Five big US banks had a combined $70.8 billion of exposure to China in 2019.

29 May 05:09 Moneyweb 1092550947288317993.html
India Q4 GDP data to be out today: Brokerages expect growth to reflect COVID-19 pain

Lockdown that began in last seven days of March is expected to have taken a toll on economic growth; economy is likely to have entered a recessionary phase with some agencies even estimating a contraction of over 5 per cent in FY21

29 May 05:02 Business Today 1145527431870800492.html
Kia Motors to invest additional $54 million in Andhra plant despite COVID-19 pandemic

Kia had earlier said the company has a long-term commitment to the Indian market and invested USD 1.1 billion in the manufacturing plant at Anantapur

29 May 05:40 Business Today 1145527432023864441.html
Covid-19: Very high risk of T20 WC being postponed, says Cricket Australia

ICC has deferred a decision on the event till June 10, saying it wants to continue exploring contingency plans for some more time

29 May 05:23 Business-Standard 1502508925804731957.html
Rain Industries surges 17% on healthy operational performance in March qtr

The company's Ebitda margin expanded 780 basis points to 19.3 per cent from 11.5 per cent in the year-ago quarter.

29 May 05:07 Business-Standard 1502508926153292900.html
Jaishankar discusses post-COVID-19 economic recovery with EU foreign policy chief

 External Affairs Minister S Jaishankar on Thursday held discussions with European Union foreign policy chief Josep Borrell on initiatives to promote post-Corona economic recovery and preparations

29 May 05:40 Deccan Herald 2027555797257902995.html
India's Wipro names new CEO; Thierry Delaporte to take over July 6

Thierry Delaporte to join from Capgemini and will be based in Paris

29 May 05:21 Gulf News 2086521543999459969.html
European coffee giant brews a strong IPO

JDE Peet's shows that coffee is a good mix to have in a virus-struck marketplace

29 May 05:53 Gulf News 2086521544181435112.html
The wealthy will be on governments' radars in COVID-19 response

Taxes will be an obvious route for governments, and so will appropriation, says Citi

29 May 05:31 Gulf News 2086521545345756627.html
Wale Jana sends heartfelt apology to his investors

Embattled business man and CEO of Sapphire Scents, Wale Jana has taken to social media to apologize to his investors, as he submits himself to an independent recovery plan. Wale Jana’s business crumbled and investors’ money

29 May 05:28 LailasNews.com 2090029849774564677.html
Fears for several fashion stores after PAS Group enters voluntary administration

PAS Group, which owns a number of big name fashion brands including Review and Jets Swimwear, has entered voluntary administration. The company announced the news in a release to the ASX on Friday…

29 May 05:03 myGC.com.au 214966661505146520.html
UK business confidence matches 2008 low in May - Lloyds Bank

LONDON — British business confidence fell to its lowest since the 2008 financial crisis in May, according to a survey for Lloyds Bank which contrasts with other surveys which have shown a small improvement since the initial shock of the coronavirus lockdown.

29 May 05:52 Financial Post 2379081491937329709.html
Seplat targets more acquisitions as shareholders get $59m dividends

Seplat Petroleum Development Company Plc remains a resilient business with strong balance sheet to acquire more oil and gas assets and ensure sustainable...

29 May 05:59 Latest Nigeria News, Nigerian Newspapers, Politics 2658445900555741483.html
Stocks slip as markets await Trump’s HK response

MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.3%. The Nikkei retreated from a three-month high and, though moves were slight, riskier currencies were under pressure against the US dollar.

29 May 05:20 The Indian Express 2885715104038190428.html
Rupee rises 11 paise to 75.65 against US dollar in early trade

The rupee opened at 75.71 at the interbank forex market and then gained further to 75.65, up 11 paise over its last close.

29 May 05:44 The Indian Express 2885715105111403138.html
Sales soar in the sunshine as beer lovers drink at home

Beer sales are soaring as people enjoy the summer lockdown in their gardens.

29 May 05:00 Shropshire Star 3480199992520716217.html
Virtual marketplace helps firms sell wares online

Businesses adapting to lockdown can now sell their products directly to customers online through a virtual marketplace.

29 May 05:00 Shropshire Star 3480199992753723148.html
Lagos state govt approves COVID-19 cash transfer for residents

In a matter of weeks, the payment of the beneficiaries cleared in the first phase of the programme in the Lagos state’s social register would commence promptly.

29 May 05:32 Legit 3764253649603273428.html
How our very richest tripled their fortunes in a decade

Two macro themes have helped to deliver an extraordinary jump in the fortunes of our richest Australians.  

29 May 05:44 Australian Financial Review 3974284486546759398.html
Origin turns to gaming to fend off disruption

Origin Energy has teamed up with a computer game platform to offer customers rewards, one of several innovation strategies to keep ahead of a rapidly changing market.

29 May 05:35 Australian Financial Review 3974284488244149602.html
Token distribution for free essentials at ration shops starts in TN

The Tamilnadu government, which has decided to distribute essentials free of cost to family card holders for the month of June too in view of the ongoing Covid-19 induced lockdown, started distributing tokens at doorstep of consumers from today. This will go on till 31 May. Continue Reading →

29 May 05:21 News Today 4115950002332669835.html
New heat seam machine for sealing PPEs launched

At a time when the country was battling the spread the coronavirus pandemic, which has affected the economy, three garment firms in Tiruppur along with an engineering industry have come up with a new heat seam sealing machine used for sealing PPE units under Prime Minister Narendra Modi's Atma Nirbhar scheme. Continue Reading →

29 May 05:31 News Today 4115950002901872006.html
Staff test positive for corona : Southern Railway closes headquarters for 2 days

The Southern Railway has announced that the office of its headquarters in the city would be closed here two days following reports that some officers and staff members have tested positive for coronavirus. Continue Reading →

29 May 05:52 News Today 4115950003175857940.html
No recent talks between PM Modi and Trump over Ladakh and China: Sources

New Delhi: There have been no recent talks between Prime Minister Narendra Modi and US President Donald Trump over the Ladakh and China issue. Informed source over the matter told ANI, 'There has...

29 May 05:03 www.thehawk.in 4118436624920628883.html
Q4FY20 GDP estimates out today: What's in store for India's economy

Economists and analysts indicated that the GDP figures released today will only offer an assessment of the early damage caused by Covid-19 outbreak. They also expect a sharp economic decline in upcoming quarters.

29 May 05:20 India Today 4286117813650801898.html
S&P: Indian economy will shrink by 5% in FY21 due to coronavirus crisis

In its latest report, S&P Global Ratings predicted India’s economy to contract 5% in the current fiscal year (FY2021), as the coronavirus pandemic con

29 May 05:29 FXStreet 4480975638307427644.html
Forex Today: Dollar dives, decoupling from stumbling stocks ahead of Trump's Chinese announcement

Here is what you need to know on Friday, May 29: The US dollar remains on the back foot, with EUR/USD topping 1.11, despite a worsening market mood re

29 May 05:30 FXStreet 4480975639619346279.html
NZD/USD faces a tough barrier around 0.6230 – UOB

NZD/USD should clear the 0.6230 region to allow for the continuation of the uptrend, suggested FX Strategists at UOB Group. Key Quotes 24-hour view: “

29 May 05:33 FXStreet 4480975639809958108.html
In Senegal, the struggles of a small airline during coronavirus

Launching an airline in Africa is a notorious challenge in a continent and sector where opportunities are often crimped by regulations and national champions are dominant.

29 May 05:20 Digital Journal 4566489172686078715.html
Tokyo to further relax coronavirus curbs on Monday, governor says

TOKYO — Curbs in Japan’s capital of Tokyo to contain the coronavirus are to be eased further from Monday, Governor Yuriko Koike said, citing the recommendation of an advisory panel.

29 May 05:39 National Post 4816958590890092740.html
Gauteng's train services plan derailed by committee

After the Prasa's plan to open one corridor in Gauteng was rejected, it is now up to tomorrow transport minister Fikile Mbalula to give direction on whether trains will operate, come Monday.

29 May 05:33 SowetanLIVE 5541808690737798540.html
LATAM's bankruptcy filing to delay its Brazil bailout to at least July: sources

LATAM Airlines Group's U.S. bankruptcy filing this week will delay its potential bailout in Brazil to at least July and also push back aid to its ...

29 May 05:11 CNA 5644198862263207518.html
Italy's credit agency SACE approves state guarantees for FCA US$7 billion bank loan: source

The board of Italy's export credit agency SACE has approved state guarantees covering 80per cent of a 6.3 billion euro (US$7 billion) bank loan ...

29 May 05:11 CNA 5644198862801183383.html
US stocks end lower as China tensions end three-day Dow streak

NEW YORK: Wall Street stocks ended lower on Thursday (May 28) following a late-afternoon retreat on growing US-China tensions, as markets digested ...

29 May 05:39 CNA 5644198863187169781.html
UPS adds 'peak' surcharge amid coronavirus-fueled delivery spike

United Parcel Service Inc on May 31 will slap surcharges on U.S. e-commerce companies that have flooded its delivery network with shipments of ...

29 May 05:40 CNA 5644198863269458373.html
ViacomCBS slashes up to 400 jobs as part of merger restructuring: source

ViacomCBS Inc is cutting up to 400 employees across CBS as part of its plan to save US$750 million from its merger with CBS, a source familiar ...

29 May 05:20 CNA 5644198863627556437.html
Dell beats revenue estimates as remote working lifts workstation demand

ROUND ROCK,Texas: Dell Technologies Inc beat analysts' estimates for quarterly revenue on Thursday (May 28), boosted by demand for its ...

29 May 05:11 CNA 5644198863842963405.html
Dell beats revenue estimates as remote working lifts workstation demand

Dell Technologies Inc beat analysts' estimates for quarterly revenue on Thursday, boosted by demand for its workstations from companies moving ...

29 May 05:11 CNA 5644198863962848084.html
No risk of India losing out on hosting World T20 in 2021, assures Arun Dhumal

BCCI Treasurer Arun Dhumal, in the wake of the recent war of words between the ICC and BCCI, has assured that the country is not at risk of losing on potentially hosting the WT20 in 2021. Earlier, the BCCI had failed to provide a tax exemption letter from the Indian Government to the ICC.

29 May 05:05 SportsCafe 5688863087765605988.html
Trip.com Group Ltd (TCOM) CEO Jane Sun on Q1 2020 Results - Earnings Call Transcript

Trip.com Group Ltd (NASDAQ:TCOM) Q1 2020 Earnings Conference Call May 28, 2020, 20:00 ET Company Participants Michelle Qi - Senior IR Director James Liang - Co-

29 May 05:49 Seeking Alpha 5725634556689738387.html
The Topsy-Turvy S&P 500 Earnings Picture

I am hard-pressed to see how S&P 500 earnings in this frustrating pandemic will only fall to $125 in calendar 2020. The once hoped-for V-shaped recovery has giv

29 May 05:59 Seeking Alpha 5725634556801083578.html
U.S. Stock Market Regains Lead As Top Global Performer For 2020

The leadership switch knocked China's equity market to second place at the close of trading in the U.S. on Wednesday, May 27. After leading SPY on a year-to-dat

29 May 05:54 Seeking Alpha 5725634557734956879.html
Singapore to establish AI framework for 'fairness' credit scoring metrics | ZDNet

Monetary Authority of Singapore tasks two teams, comprising banks and artificial intelligence industry players, to develop metrics that ensure the "responsible use of AI" for credit risk scoring and customer marketing.

29 May 05:46 ZDNet 591556592162654454.html
‘Punjab seed scam’: PAU denies providing ‘source seed’ to any pvt company, sold TL seed to farmers only

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

29 May 13:51 The Indian Express 2885715105725481287.html
We thought too big, Renault says as it axes 15,000 jobs in cost-cutting reboot

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

29 May 13:35 Malaymail 302165934447216501.html
Statistics Dept: Malaysia should redeploy its unemployed surplus labour to essential services industries

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

29 May 13:00 Malaymail 302165935263396456.html
Energy Commission to hold competitive bidding process for LSS photovoltaic plant development

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

29 May 13:56 Malaymail 302165935885249633.html
Tan Chong takes 15.8pc stake in Warisan TC’s vehicle auction services unit

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

29 May 13:50 Malaymail 302165936463804402.html
The UK made just 197 cars last month, a drop of 99.7% as coronavirus tanks factory output

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

29 May 13:30 Business Insider 3364799146768393486.html
Lagos BRT fares hike unnecessary, wicked —Commuters

Some commuters in Lagos State on Friday expressed dissatisfaction over the hike in fares by the Primero Transport Services Limited, operators of the Bus Rapid Transit in the state. The News Agen...

29 May 13:42 Punch Newspapers 3524240993992161450.html
Google (NASDAQ: GOOGL) Terminates Thousands of Job Offers as It Continues to Battle a Plunge in Ad Revenue

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

29 May 13:53 Wccftech 3677959677855535010.html
Hidden Cost of Mass Layoffs: Why Job Cuts Won’t Solve States’ Budget Crisis

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

29 May 13:00 Bloomberg.com 4032480121064917531.html
Elon Musk Awarded $800 Million For Doing His Job

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

29 May 13:01 CarBuzz 4034462236757240431.html
GDP: 3.1% for March quarter, 4.1% for year. But it is not due to coronavirus

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

29 May 13:08 India Today 4286117813185149037.html
Fed agencies cop mass fail in core systems cyber review

Just one agency gets 'essential eight' tick for financial, HR systems.

29 May 13:59 iTnews 4425008559902066542.html
ACB Stock Price: Aurora Cannabis Inc. drops further to sub-$15.00 levels

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

29 May 13:52 FXStreet 4480975638262333117.html
Gold Price Analysis: XAU/USD pulls away from daily highs, trades above $1,725

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

29 May 13:38 FXStreet 4480975638270496721.html
Wall Street opens mixed as investors wait for US Pres. Trump's announcements on China

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

29 May 13:54 FXStreet 4480975638593199714.html
Canada: The loonie does not react to better than expected GDP – TDS

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

29 May 13:27 FXStreet 4480975639209523244.html
USD/JPY off lows, still in the red below mid-107.00s ahead of Trump

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

29 May 13:29 FXStreet 4480975639809274460.html
India's Fiscal Deficit Widens To 4.59% Of GDP

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

29 May 13:41 NDTV.com 5090057682057679910.html
Financial sector weighs on Toronto, U.S. stock markets mixed in early trading

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

29 May 13:48 KitchenerToday.com 52741010189574190.html
Pending vehicle registrations from pre-lockdown time continue

‘Only negligible vehicle sales happen now’

29 May 13:27 BusinessLine 5283600626385111.html
Wipro appoints Thierry Delaporte as CEO and MD

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

29 May 13:08 BusinessLine 5283602107987840.html
Over $100,000 Goes To Support Whanganui Businesses Through COVID

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

29 May 13:53 SCOOP 5315658999880749581.html
Analysts welcome reduction of lending rate by CBN

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

29 May 13:01 Premium Times Nigeria 5456729301195852637.html
Renault to restructure French factories in high-stakes reboot plan

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

29 May 13:45 CNA 5644198862401630530.html
With 'Main Street' in view, Fed weighs risks of job, productivity shocks

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

29 May 13:10 CNA 5644198863281265621.html
Australia's 'war cabinet' shifts focus to jobs

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

29 May 13:51 CNA 5644198864260411077.html
Hitachi Ltd (HTHIY) on Q4 2020 Results - Earnings Call Transcript

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

29 May 13:37 Seeking Alpha 5725634556260242837.html
Invesco Mortgage Capital: 3 Preferred Series Yielding Over 10%, Plus 2 Option Trades

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

29 May 13:15 Seeking Alpha 5725634556340619594.html
J. C. Penney Goes Bankrupt With No Recovery For Shareholders

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

29 May 13:41 Seeking Alpha 5725634556471692995.html
REX American Resources: A Poor FQ1 Earnings Report Masks Improving Conditions

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

29 May 13:35 Seeking Alpha 5725634557588583427.html
National Bank of Greece S.A.'s (NBGIF) CEO Pavlos Mylonas on Q1 2020 Results - Earnings Call Transcript

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

29 May 13:50 Seeking Alpha 5725634557899527553.html
Fortescue and Andrew Forrest lose High Court appeal over exclusive native title of WA’s Yindjibarndi people

Australian mining giant Fortescue Metals Group (FMG) has lost its High Court bid to appeal against a native title determination that covers one of its

29 May 13:13 The New Daily 5848147786912567677.html
India's Q4 FY20 GDP Down To 3.1%, 2019-20 Growth Shrinks To 4.2%

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

29 May 13:30 Abplive 5873643725920283825.html
Mobile banking service for US immigrants launches

Welcome Technologies, an outfit that works to support immigrants to the US, has joined forces with Green Dot on a digital banking product.

29 May 13:47 Finextra 6000504750689190442.html
Standard Chartered is seeking a fintech partner to launch a savings product in Kenya

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

29 May 13:15 Business Insider 6060062399507284912.html
Cane arrear reaches Rs 17,134 crore so far in 2019-20 season: Centre

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

29 May 13:48 The Times of India 6060938663596538516.html
Volvo evaluating markets, confirms to drive in XC40 recharge in India

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

29 May 13:48 The Times of India 6060938664624311036.html
Survey shows Queenstown is open for business - Destination Queenstown

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

29 May 13:19 www.voxy.co.nz 6138926314483806473.html
GoodChips expands certification to global market with Azwood Energy

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

29 May 13:34 www.voxy.co.nz 6138926315356782702.html
Vestager hits back at Lufthansa bailout criticism

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

29 May 13:42 EUobserver 625925298145076137.html
UK plans new 5G club of 10 democracies, including India: Report

A so-called 'D10' club of democratic partners, including G7 countries – UK, US, Italy, Germany, France, Japan and Canada – plus Australia, South Korea and India will aim to create alternative suppliers of 5G equipment and other technologies to avoid relying on China

29 May 13:45 Livemint 6614605817749459893.html
Volkswagen looking to buy 50% of JAC's parent company

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

29 May 12:53 AutoIndustriya.com 2007465447912547606.html
GST Council to meet next month; FinMin not for raising rates on non-essential items

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

29 May 12:15 Oneindia 2023829371544585918.html
India, US could strike a 'smaller' trade deal in the coming weeks: Indian envoy

India and the US could strike a “smaller” trade deal in the coming weeks, India's ambassador Taranjit Singh Sandhu has said while acknowledging that the unprecedented challenges posed by the COVID-19

29 May 12:48 Deccan Herald 2027555796568003260.html
Almost all firms 'forced to rethink tech priorities'

Global pandemic triggers shift to an almost completely digital working set-up.

29 May 12:16 TechRadar 2111116914564721799.html
Should You Invest in Companies Likely to Benefit from the Great Lockdown?

Is this a recipe for disaster, or could you beat the market by aiming to predict the future?

29 May 12:52 The Motley Fool 2231313657952080257.html
Wall Street Has Given Up on These 3 Stocks, and That's a Huge Mistake

There are hundreds of stocks that would have to more than double to revisit their 52-week highs. Let's check out three out-of-favor stocks that are ready to prove the naysayers wrong.

29 May 12:31 The Motley Fool 2231313658749395935.html
Canopy Growth reports $1.3B fourth-quarter loss, hits reset on strategic focus

Canopy Growth Corp. is rethinking its first-to-every-market strategy after reporting a $1.3-billion loss in its fourth quarter.

29 May 12:27 CTVNews 2422791597603956903.html
First-quarter GDP worst showing since 2009: StatCan

Canada's economy had its worst quarterly showing since 2009 through the first three months of 2020 owing to COVID-19, Statistics Canada said Friday, warning an even steeper drop may be coming.

29 May 12:14 CTVNews 2422791599005343207.html
French carmaker Renault to cut 15,000 jobs worldwide

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

29 May 12:49 CTVNews 2422791599140171880.html
The 9 Best Cheap Stocks to Fill Up On Now

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

29 May 12:33 InvestorPlace 24614509259873798.html
DraftKings Stock Will Keep Benefitting from Multiple Strong Trends

DraftKings stock will be boosted by the popularity of iGaming and the resumption of professional sports leagues.

29 May 12:18 InvestorPlace 24614510412352681.html
Court stops FG from auctioning Dawes Island Marginal Oil Field

The Federal High Court sitting in Lagos Friday restrained the Ministry of Petroleum from selling or accepting bids for Dawes Island Marginal Oil Field...

29 May 12:02 Latest Nigeria News, Nigerian Newspapers, Politics 2658445901073556747.html
NCS ties up with TCS iON for providing free online skill training to registered job seekers

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

29 May 12:38 The Indian Express 2885715104583327207.html
Global stocks fall as investors brace for Trump to hit China with a 'bazooka'

Global stocks turned lower on Friday as investors prepare for fresh US-China intensification ahead of President Donald Trump's press conference ...

29 May 12:03 Business Insider 3364799147004263244.html
In Senegal, the struggles of a small airline during coronavirus

Launching an airline in Africa is a notorious challenge in a continent and sector where opportunities are often crimped by regulations and national champions are dominant.

29 May 12:37 News24 3752801376631933928.html
Electricity: Buhari approves funding for first phase of Siemens power deal

Nigeria's electricity sector may soon receive a great boost as President Muhammadu Buhari has approved funding for the first phase of a deal with Siemens AG.

29 May 12:26 Legit 3764253650824133348.html
Distressed retailer Party City seeks to cut debt with bond deal

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

29 May 12:29 BNN 3833521687786391936.html
The Daily Chase: GDP shrinks 7.2% in March; one-on-one with RBC's CEO

This morning we’ll find out how sharply Canada’s economic output collapsed in the early days of COVID-19 lockdown measures.

29 May 12:40 BNN 3833521689123173906.html
Trump's China Fight Shows Covid-19 Hasn't Changed Oil's World

The pandemic has merely highlighted the market’s pre-existing conditions.

29 May 12:39 Bloomberg.com 4032480121066621903.html
YOBE: Buni approves N200m monthly to pay retirees benefits

Yobe Governor Mai Mala Buni, said the sum of N200 million has been earmarked every month for payment of entitlements to retirees of the.

29 May 12:54 Vanguard News 4125100339364027235.html
Bulgaria’s Business Proposes a Package of 54 additional Anti-crisis Measures

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

29 May 12:23 novinite.com 4235039571203935310.html
GDP for 2019-20 Q4 plummets to 3.1%, full year growth at 4.2%

Data suggests that India's GDP growth in FY2019-20 slowed down to an 11-year-low of 4.2 per cent.

29 May 12:19 India Today 4286117813701412525.html
US: Annual core PCE Price Index dropped to 1% in April

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

29 May 12:40 FXStreet 4480975638413295966.html
GBP/USD hits 2-1/2-week high, around 1.2365 region ahead of Trump

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

29 May 12:17 FXStreet 4480975638562155597.html
USD/CAD hangs near 2-1/2-month lows post-US/Canadian data, focus remains on Trump

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

29 May 12:51 FXStreet 4480975639117540104.html
Canada's economy falls by 8.2% annualized in Q1, better than expected, USD/CAD shakes

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

29 May 12:31 FXStreet 4480975639361362074.html
US Sec. of State Pompeo: Trump to make a series of announcements on China

US President Donald Trump will make a series of announcements on China on Friday, US Secretary of State Mike Pompeo told Fox News on Friday. Earlier i

29 May 12:13 FXStreet 4480975639525865818.html
Breaking: US Personal Spending plunged by 13.6% in April

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

29 May 12:31 FXStreet 4480975639537675209.html
Pound Sterling Price News and Forecast: GBP/USD – Falling on Friday? [Video]

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

29 May 12:45 FXStreet 4480975640105020958.html
US approves sale of 84 Patriot missiles to Kuwait

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

29 May 12:30 manilastandard.net 4715274784878894863.html
Clean energy is outperforming fossil fuels in America, UK and Europe

Renewable power is outperforming fossil fuels in US and European markets, according to a new report published by Imperial College Business School.

29 May 12:45 Tech Xplore 4945708898980992367.html
The coronavirus could mark the rise of automation

The coronavirus pandemic has caused a massive surge in global unemployment. It has also highlighted the increasingly valuable role of automation in today's world.

29 May 12:45 Tech Xplore 4945708899943900374.html
What markets in north Nottinghamshire will look like when they reopen

Government lockdown guidelines allow them to reopen on June 1

29 May 12:29 NottinghamshireLive 5149776701807832587.html
CannTrust Holdings greenhouse licenses reinstated, plans restart of operations

VAUGHAN, Ont. — CannTrust Holdings Inc. says Health Canada has reinstated its licenses for its greenhouse in Niagara and that it will immediately restart operations.

29 May 12:25 KitchenerToday.com 52741009173765562.html
TCG accused of short-changing PE investors in Haldia Petrochem

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

29 May 12:45 BusinessLine 5283600418135689.html
Fighting Covid-19 and building the future Human Resource Capital

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

29 May 12:38 BusinessLine 5283600850654658.html
Google's 5 per cent investment would not provide relief to Vodafone Idea: Report

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

29 May 12:26 BusinessLine 5283601659934867.html
Minimum Wage Requirement Indicates Hamilton City Council Is Out Of Touch

Responding to Hamilton City Council's move to a minimum wage of $20 per hour for employees of its contractors, the New Zealand Taxpayers’ Union is labelling the decision tone-deaf.

29 May 12:03 SCOOP 5315658998603424858.html
National Backs Businesses With $10k JobStart

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

29 May 12:31 SCOOP 5315658999565250490.html
SPEECH: Todd Muller - Families, Communities, Small Business

It’s great to be in Auckland.

29 May 12:32 SCOOP 5315659000116195901.html
Funding Boost Is Music To The Ears Of Musicians And Fans

As NZ Music Month edges to a close New Zealand’s musicians have reason to celebrate with government funding to NZ On Air for supporting local music creation to more than double for the next two years.

29 May 12:09 SCOOP 5315659000332945642.html
South Africa to open up economy from June under eased lockdown regulations

South Africa will allow most economic sectors including mining and manufacturing to fully resume operations from next month as the country further

29 May 12:38 Premium Times Nigeria 5456729299385825223.html
Spain's government pushes through basic income guarantee to fight poverty

The Spanish government approved on Friday the creation of a minimum income worth 462 euros ($514) a month for the poorest, Deputy Prime Minister Pablo Iglesias told a news conference, in a scheme tha…

29 May 12:15 France 24 5635134571202168066.html
HDB to launch 7,800 BTO flats in August sales exercise, services and construction activities to resume

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

29 May 12:10 CNA 5644198862443482039.html
Neimeth’s share price rises by 114.6% in 2 months

Neimeth International Pharmaceuticals Plc’s share price rose by 9.57 per cent to N1.03 per share on Thursday at the Nigerian Stock Exchange (NSE)....

29 May 06:05 Latest Nigeria News, Nigerian Newspapers, Politics 2658445900043425010.html
Access Bank plans more loans for health care - The Nation Nigeria

Access Bank Plc is set to disburse loans through the Central Bank of Nigeria (CBN) credit support scheme to boost the pharmaceutical and healthcare...

29 May 06:17 Latest Nigeria News, Nigerian Newspapers, Politics 2658445900604553237.html
Rising US job losses stoke fears of lasting economic damage amid pandemic

The numbers are extraordinarily high by historical standards, economists have warned.

29 May 06:58 Shropshire Star 3480199992558073199.html
Lagos BRT increases fares by 50%

Samson Folarin Due to the impact of the COVID-19 pandemic, Primero Transport Services Limited, operators of the Bus Rapid Transport, have said fares will increase by about 50 per cent. The compan...

29 May 06:05 Punch Newspapers 3524240995106930164.html
$721m to be refunded after robodebt backflip

The Morrison government will refund $721 million raised against 470,000 debts under its controversial robodebt scheme.

29 May 06:48 Australian Financial Review 3974284487139300931.html
Budget deficit hits $40b and still rising

The federal budget deficit had blown out to $40 billion by the end of April, as coronavirus emergency spending began to kick in and tax revenue was squeezed.

29 May 06:20 Australian Financial Review 3974284487855999377.html
Employers slam Victorian Premier's office lockdown

Daniel Andrews has banned workers from returning to offices until at least July.

29 May 06:37 Australian Financial Review 3974284488192919767.html
We'll All Be Renting a Local Airbnb This Summer

Yes, people are itching to travel, but their first holidays are likely to be close to home.

29 May 06:00 Bloomberg 4032480122022285735.html
Gold: Strongly rejected at $1727.37

The trend on the hourly chart below is still firmly down. This current wave higher could be the next lower high and there could be some signs of a rej

29 May 06:29 FXStreet 4480975638095678884.html
Poland: NBP surprising cut leaves room for the zloty to weaken – TDS

The NBP has again surprised the consensus by cutting rates by 40bps to 0.1%, economists at TD Securities apprise. EUR/PLN trades at 4.4563 after risin

29 May 06:59 FXStreet 4480975639366916017.html
WTI struggles to cheer USD weakness, drops 1.40% in Asia

WTI seesaws around $33.35/40 during the early Friday’s trading session. The energy benchmark seems to fail in cheering the US dollar weakness amid fea

29 May 06:03 FXStreet 4480975639912635548.html
GDP growth likely be at 3.6% in Jan-Mar quarter, says Care Ratings; govt to release data today evening

The country's GDP growth is likely to be at 3.6 percent in January-March 2020 as economic activity came to a complete halt due to the countrywide lockdown imposed to contain the coronavirus outbreak, says a report

29 May 06:22 Firstpost 4760741711868037707.html
Urban commuters wary of using public transport when lockdown measures relaxed; private vehicles, solo ridership preferred, finds survey

In the times of social distancing, public transport would not be preferred for the next few months, said respondents in a survey

29 May 06:59 Firstpost 4760741713054306685.html
Wipro shares gain nearly 4% on Thierry Delaporte’s appointment as CEO, MD of company

Shares of Wipro on Friday jumped nearly 4 percent after the company announced the appointment of Capgemini Group veteran Thierry Delaporte as its Chief Executive Officer and Managing Director, effective 6 July, 2020

29 May 06:10 Firstpost 4760741713225168042.html
French carmaker Renault announces 15,000 job cuts worldwide

PARIS — Struggling French carmaker Renault on Friday announced 15,000 job cuts worldwide as part of a 2 billion-euro cost-cutting plan over three years.

29 May 06:52 KitchenerToday.com 52741009702364975.html
VW spending $2.2B to expand in China’s electric car market

Volkswagen makes its biggest foreign investment of $2.2 billion to make its presence in the Chinese electric vehicle market.

29 May 06:38 TechGenyz 5378425015913960931.html
COVID-19: AMCON seeks aviation sector bailout - Premium Times Nigeria

The Asset Management Corporation of Nigeria (AMCON) has asked the federal government to bailout the aviation sector...........

29 May 06:26 Premium Times Nigeria 5456729299827100809.html
The government has announced it will refund $721 million it claimed as part of its unlawful 'robodebt' scheme

The federal government has announced it will scrap its controversial ‘robodebt’ scheme, which attempted to automatically claw back alleged overpayments to social security recipients, and will refund $721 million to those who already paid.

29 May 06:10 Business Insider Australia 5575934301608189553.html
Commentary: Embattled China knows its national priority is the economy

Notwithstanding controversy over a Hong Kong security law and brewing tensions with the US, proceedings at the National People’s Congress and ...

29 May 06:12 CNA 5644198863821801283.html
Weekly Sentiment Indicators Improving

33.07% of respondents in AAII's weekly sentiment survey reported as bullish this week, up from 29% last week. After the 1.17-percentage point decline to 42.13%

29 May 06:17 Seeking Alpha 5725634556273458521.html
Energy Transfer: Showing The Strength Of The Midstream Model

Energy Transfer saw its results impacted by the coronavirus outbreak but they overall held up okay. The company has a reasonably strong customer base that shoul

29 May 06:50 Seeking Alpha 5725634557567394150.html
Southwestern Energy: Bullish On Gas Prices, But Clarity On 2021 Hedges Needed

The natural gas markets are poised to rally substantially, as production is declining, while the summer is expected to be abnormally warm. SWN follows a rolling

29 May 06:03 Seeking Alpha 5725634557612117206.html
The Govt Just Axed Its Fucked Robodebt Scheme & Is Now Refunding A Casual $721 Million

The Australian Federal Government has today announced that they will refund the $721 million worth of funds recouped by the robodebt scheme.

29 May 06:07 Pedestrian TV 5961900144341262654.html
Renault to restructure factories, confirms 15,000 job cuts

News News: PARIS: Carmaker Renault said on Friday it was launching talks with unions to restructure some French plants and potentially close others as it confirm.

29 May 06:25 The Times of India 6060938663569387067.html
ASB Quarterly Economic Forecast: Fast and furious

New Zealand is emerging out of lockdown into a very different world to the one we all heralded in at the start of the year, and although for us the health crisis may be easing, the economic one is only just starting.

29 May 06:00 www.voxy.co.nz 6138926313939512278.html
Renault to cut 15,000 jobs

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

29 May 06:46 Castanet 616068603019488300.html
Measure vs. pandemic threats to FIs approved

A bill seeking to strengthen the resiliency of the country’s financial industry has gained traction with its second reading approval in the House of Representatives.

29 May 06:33 Journal Online 6375127392569677882.html
The Government Will Refund Millions Of Dollars To People Affected By Robodebt

Around $721 million is expected to be refunded to people who were affected by the government's disastrous robodebt scheme.

29 May 06:12 Junkee 6829486442216175896.html
USDA’s SNAP Benefits Can Used In 25 States, DC To Buy Groceries From Amazon

SNAP benefits will now work for buying groceries on Amazon and other associated partners in up to 25 states.

29 May 06:33 PYMNTS.com 7357138825484899500.html
External borrowings to rescue as Senate cuts 2020 budget to N10.509 trillion

The Federal Government yesterday changed the earlier plan of drastically slashing the 2029 passed budget of N10.594trillion to N9trillion by reducing it with just about N85billion through a new proposal of N10.509trillion .

29 May 06:00 The Guardian 7580308504631764895.html
Renault announces nearly 15,000 job losses worldwide

Renault has announced nearly 15,000 job losses worldwide, including 4,600 in France in a €2 billion cost-cutting plan over three years.

29 May 06:24 RTE.ie 7595237278015603014.html
Save-on-Foods ends hazard pay for staff, other grocers continue it

Essential service workers in the grocery sector receiving extra pay during the pandemic will be watching their paycheques in the coming weeks as companies re-evaluate how they compensate employees.. . .

29 May 06:00 Times Colonist 7617512062017680967.html
Bank of India cuts MCLR by 25 bps across all tenors

The revised one-year MCLR will be 7.70 percent as against 7.95 percent earlier, the bank said in a release.

29 May 00:00 Moneycontrol 1603024965161289920.html
Decision to open shops in malls soon after taking into account health ministry's guidelines

Issues of retail traders were discussed in a meeting between Commerce and Industry Minister Piyush Goyal on Thursday with representatives of traders associations through video conferencing.

29 May 00:00 Moneycontrol 1603024965187437479.html
SC issues notice to Tata Sons on cross-appeal of Mistry group firm against NCLAT order

The top court had on January 10 granted relief to Tata group by staying the National Company Law Appellate Tribunal (NCLAT) order of December 18 last year, by which Mistry was restored as the executive chairman of the salt-to-software conglomerate.

29 May 00:00 Moneycontrol 1603024965187653233.html
Dilip Buildcon consolidated Q4 profit more than doubles to Rs 191 crore

The company had clocked a profit of Rs 84.09 crore during the corresponding period of 2018-19, it said in a BSE filing.

29 May 00:00 Moneycontrol 1603024965223211260.html
Vodafone Idea share price dips 20% from day's high after co clarifies on stake sale

Any such investment will provide a breather for Vodafone Idea which has been reeling under increasing financial stress.

29 May 00:00 Moneycontrol 1603024965273217916.html
Government mulls further measures for NBFCs, markets: Report

At a meeting chaired by FM Sitharaman, RBI officials raised concerns over liquidity challenges being faced by NBFCs and various state and micro finances.

29 May 00:00 Moneycontrol 1603024965276719313.html
Russia's Rosneft finds extended oil cuts painful: Sources

Rosneft has told the energy ministry it would be difficult to maintain cuts to the end of the year, as it has had to cut shipments to major buyers, such as Glencore and Trafigura, despite good demand, two sources close to the talks said on condition of anonymity.

29 May 00:00 Moneycontrol 1603024965324701373.html
Taking Stock: Volatile Friday! Nifty reclaims 9,500; Sensex rallies over 200 points

Sectorally, the S&P BSE Realty index gained 4.5 percent, BSE Oil & Gas index 3.4 percent and BSE FMCG index was up 2.8 percent.

29 May 00:00 Moneycontrol 1603024965372691498.html
RCF Q4 profit jumps nearly 3-fold at Rs 142 crore

Total income rose to Rs 2661.91 crore in the fourth quarter of the last fiscal from Rs 2297.94 crore in the corresponding period of the previous year.

29 May 00:00 Moneycontrol 1603024965394021351.html
V-Mart Retail Q4 net loss at Rs 8.43 crore, net sales at Rs 332.66 crore

The company had posted a net loss of Rs 90.42 crore in the January-March quarter of last fiscal, V-Mart said in a regulatory filing.

29 May 00:00 Moneycontrol 1603024965431218572.html
In Poland, key automotive industry has been hit most by crisis

Poland has a traditionally developed automotive sector, which normally is a driving force for the country’s industry and exports. This spring, however, passenger car production has dropped by 99% on an annual basis in Poland, according to the Polish Central Statistical Office, DW reports.

29 May 00:00 BNN - Baltic News Network 1847219822270856539.html
Huawei's ambitions for Canada stalled by rift with China, security expert says

Huawei Technologies Co.'s push to become a leading supplier of 5G technology in Canada appears to be in jeopardy after the Chinese tech giant's CFO suffered a legal setback in a B.C. court, prompting an angry response from Beijing.

29 May 00:45 CP24 1887544296204865933.html
Amid lockdown, BBMP nets Rs 1,028 crore in property tax

The BMMP has collected Rs 1,028 crore property tax in the first two months of the financial year 2020-21, reaching 42% of its target amidst the lockdown.

29 May 00:36 Deccan Herald 2027555797581478354.html
Karnataka govt relaxes norms to claim relief package

The government relaxed norms to claim one-time relief for artisans, barbers, auto and taxi drivers here Thursday. The Cabinet decision was after complaints of inconvenience caused to the

29 May 00:11 Deccan Herald 2027555797643650113.html
Google could pick up stake in Vodafone Idea

A report in the Financial Times says Alphabet, Google’s parent company, is looking to buy 5 per cent stake in Vodafone's India business.

29 May 00:56 The Asian Age 2126266544114886149.html
Capitec sends out Covid-19 warning

Capitec, one of South Africa’s largest banks, has warned that the impact of the Covid-19 pandemic will dent future earnings.

29 May 00:00 BusinessTech 2153596439253050557.html
Finbond Group plans to sell its South African operation and delist from the JSE

Credit-provider Finbond says that as part of its short and medium term strategic objectives, it plans on selling its South African operations to focus on North America and Europe.

29 May 00:00 BusinessTech 2153596439407465310.html
Pick n Pay opens alcohol pre-orders online as it prepares for high demand from 1 June

Pick n Pay customers can now pre-order liquor from its online shop and all orders will be delivered from 1 June 2020.

29 May 00:00 BusinessTech 2153596439434006537.html
Layoffs, pay cuts and shutdowns as major South African hotels count R1.7 billion in losses

South African hotel and gaming group Tsogo Sun has recorded R1.7 billion in exceptional losses for the full year ended March 2020, after a nationwide Covid-19 lockdown led to a near-complete closure of its hotels.

29 May 00:00 BusinessTech 2153596439458993427.html
Bank mortgage lending is drying up in South Africa

The South African Reserve Bank (SARB) says that banks have adopted a relatively conservative approach to mortgage lending. 

29 May 00:00 BusinessTech 2153596439501664290.html
Government is drafting new rules for workers under level 3 lockdown

Minister of Employment and labour Thulas Nxesi says that government is working on a new labour directive for South Africa’s level 3 lockdown.

29 May 00:00 BusinessTech 2153596439925241087.html
Expect a big jump in the petrol price next week

In a dramatic reversal of April’s chaotic fuel market, fuel prices are set to climb in June, the Automobile Association (AA) says, citing unaudited month-end fuel price data released by the Central Energy Fund.

29 May 00:00 BusinessTech 2153596440066609853.html
South Africa’s diesel shortage to last several weeks

A shortage of diesel fuel in South Africa will ease up in a few weeks when about 30% of its refining capacity, idled because of a drop in demand spurred by the Covid-19 lockdown, will return to service.

29 May 00:00 BusinessTech 2153596440735087609.html
Rand, stocks drop with focus on US response to China over Hong Kong

The rand treaded water for most the session and but saw some selling late on after the trade balance for April swung to a large deficit as exports tumbled.

29 May 00:00 ewn.co.za 2308610106431679669.html
It’s lit now! British American Tobacco heads to court over cigarette sale ban

Government has come under fire from smokers around the country for refusing to allow the sale of cigarettes from Monday – when the country moves to level 3 lockdown - but giving alcohol the green light.

29 May 00:00 ewn.co.za 2308610106643477215.html
Nxesi: Employers must provide PPE, sanitisers for returning domestic workers

On Monday, service staff will join over 8 million South African employees who will be returning to work for the first time since the lockdown was enforced in March.

29 May 00:00 ewn.co.za 2308610107265585808.html
SAA's BRPs criticised for delaying rescue plan

The plan was expected to be made public on Friday but the practitioners have asked for an extension to 8 June.

29 May 00:00 ewn.co.za 2308610107759650173.html
SAA’s BRPs ask for another extension to finalise rescue plan

This will be their fourth extension since taking charge of the embattled airline since December last year.

29 May 00:00 ewn.co.za 2308610108161451945.html
Rand falls, focus on Trump's Hong Kong response

Locally, market participants awaited April trade balance figures as well as monthly budget balance numbers due later in the day.

29 May 00:00 ewn.co.za 2308610108181746625.html
ANALYSIS: How SA can balance control of COVID-19 and avoid economic disaster

South Africa's management of the COVID-19 pandemic must now shift from a centrally regulated approach to one that enables participation and compliance by communities, workers and businesses.

29 May 00:00 ewn.co.za 2308610108218993121.html
The pandemic has tightened Putin's economic grip but spells trouble for the future

The coronavirus has allowed Vladimir Putin to expand the Russian state's involvement in its economy, but it creates some long-term issues.

29 May 00:12 Brisbane Times 2314609339657826052.html
Long Odds: China's bet on REITs draws skeptics

SHANGHAI/BEIJING — China’s plans to introduce real estate investment trusts (REITs) mark a crucial step to get private money to fund infrastructure such as toll roads and sewage systems, but authorities have their work cut out in creating a fully-fledged market.

29 May 00:03 Financial Post 2379081491694723540.html
Pandemic's hit to Japan's factory, retail sectors deeper than expected

TOKYO — Japan’s April factory output fell at a much faster-than-expected pace and retail sales tumbled the most in more than two decades as a coronavirus-triggered state of emergency dealt a heavy blow to the economy.

29 May 00:26 Financial Post 2379081492469320513.html
Big Banks Must Face Forex Manipulation Claims, U.S. Judge Rules

(Bloomberg) — A group of banks failed to persuade a judge to throw out a lawsuit claiming they conspired to rig foreign exchange rates.

29 May 00:36 Financial Post 2379081492682377321.html
Govt's 'Aatmanirbhar' plan hits a legal hurdle

Surat activist sends legal notice to CM and junior health minister claiming people are not getting loan as promised by the State government

29 May 00:30 Ahmedabad Mirror 2891158804020535319.html
Govt, non-govt offices to reopen from June 8 in Bengal: CM

KOLKATA: As the fourth phase of Covid-19 lockdown draws to a close in India, West Bengal Chief Minister Mamata Banerjee on Friday announced that all government and non-government offices will resume their operations from June 8 across the state.Addre

29 May 00:00 The Shillong Times 2998999878437439841.html
Farm wages doubled in many agricultural districts as migrants labourers returned home

Farmers are trying to lure migrants back by offering them rail tickets and other incentives. Many farmers in Punjab, Haryana, West Bengal, Telangana and Andhra Pradesh are trying to mobilise local labourers to prepare nursery beds and sow paddy, which is a very labour-intensive task.

29 May 06:58 The Economic Times 7653256037340652831.html
India using public digital infra to achieve economic goals at home, connect globally: Jawed Ashraf

India's High Commissioner to Singapore Jawed Ashraf further noted that building digital connectivity and partnerships with Singapore and ASEAN countries, is a priority for India and highlighted how technology has been used effectively to achieve public policy goals in the country during COVID-19 disruptions.

29 May 06:45 The Economic Times 7653256037878900147.html
Coronavirus impact: Volkswagen rolls out customer-centric financial schemes

Volkswagen India has introduced leasing and finance options for customers who are interested in buying a Volkswagen product.

29 May 06:09 OVERDRIVE 7781473804071416563.html
India's economy seen slowing rapidly in March quarter, with worse to come

Gross domestic product data out later on Friday is expected to show India’s economy grew at its slowest pace in at least two years in the March quarter as the coronavirus pandemic weakened already declining consumer demand and private investment.

29 May 06:21 Bdnews24 8119004129304994366.html
Wellness company to create 100 jobs with Cork City plant

Doterra’s European manufacturing HQ will be located in the northern suburbs of the city

29 May 06:34 The Irish Times 8204772967383249239.html
Paddy Power Betfair owner raises €904m in share sale

Flutter seeks to cut debt burden after merging with Canadian rival the Stars Group

29 May 06:59 The Irish Times 8204772968756872413.html
Stick or twist? Investors face coronavirus-induced property dilemma

LONDON (Reuters) - The coronavirus pandemic has emptied offices and shuttered shops but filled warehouses and highlighted demand for work-from-home spaces, leaving investors wondering if they should flee real estate or double down on their bets.

29 May 06:24 Reuters 8334514181808271278.html
High risk of T20 World Cup being postponed but optimistic about India series: Cricket Australia

CA chief executive remained uncertain about the big-ticket event going ahead due to the global travel restrictions in place in wake of the Covid-19 pandemic.

29 May 06:58 Scroll.in 8669301692769882756.html
Big Campaign to Provide Employment to Migrant, CM Yogi's move Benefits more than 11 Lakhs -

Large populations have been affected by the prolonged lockdown in the country due to coronavirus infection. Among them also the

29 May 06:33 News Hunt Media 8859517518830394395.html
How private equity is a risky play for the economy and jobs

Beyond the stock market and big banks, one of the biggest players in the economy operates with no regulation and an often-destructive track record.

29 May 06:01 The Seattle Times 9121942836567591831.html
UK Business Confidence Lowest Since 2008 Despite Easing of Lockdown, Top Bank's Survey Finds

The UK government has announced a lockdown exit strategy that will allow most businesses to reopen throughout the summer, but the number of firms that anticipate laying...

29 May 06:22 Sputniknews 967333868400057564.html
Rand falls, focus on Trump’s Hong Kong response

In fixed income, the yield on the 10-year government bond was up 2.5 basis points at 8.96%.

29 May 07:30 Moneyweb 1092550947111938604.html
Wipro share price gains nearly 6% after Thierry Delaporte named new CEO and MD

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

29 May 07:18 Business Today 1145527431060352636.html
India's lockdown strictest; economic impact to be deeper than other countries: Jefferies

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

29 May 07:42 Business Today 1145527432168346761.html
Capital flows running out of steam as DIIs taper after FPIs

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

29 May 07:40 The Financial Express 1288289579854273315.html
Spykar Lifestyles makes a return to the new normal; resumes operation in 37 stores

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

29 May 07:03 The Financial Express 1288289580926213860.html
Reservation period for special trains increased to 120 days: Indian Railway

The changes will be implemented from May 31 onward, according to Indian Railways

29 May 07:51 Business-Standard 1502508926019692756.html
MWSS says consumers in Metro can pay water bills in staggered amounts

To avoid bill shock, the Metropolitan Waterworks and Sewerage System says the public can settle their accounts 'in drops'

29 May 07:55 Rappler 1882105642330079264.html
Dissident Chinese artist warns of hidden cost of Beijing's Belt and Road deal

One of China’s most prolific and well-known political cartoonists warns the Victorian Premier over Beijing's signature policy.

29 May 07:39 Brisbane Times 2314609338839854589.html
Buhari seeks Senate’s approval for $5.513b external loan

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

29 May 07:10 Latest Nigeria News, Nigerian Newspapers, Politics 2658445900548703221.html
China ahead of India in South Asian trade and investment

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

29 May 07:15 Eleven Media Group Co., Ltd 2672168647847468811.html
Scrapping of 7.75% savings bonds to hit savers, pensioners

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

29 May 07:46 The Indian Express 2885715103784300995.html
PMC, PCMC to help PMPML pay 2,200 daily wage workers

As reported by The Indian Express earlier, over the past fortnight, the PMPML had asked these workers to sit at home as the undertaking had no work for them amid the nationwide lockdown.

29 May 07:57 The Indian Express 2885715105468957769.html
Tokyo stocks close lower on US-China tension

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

29 May 07:43 Malaymail 302165934904464356.html
Volkswagen invests €2b in Chinese electric vehicle sector

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

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

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

29 May 07:27 Malaymail 302165935835125497.html
Investors fear cryptocurrency CEO accused of stealing millions could be on the run

A man accused of stealing millions from Bitcoin investors appears to have made a run for it.

29 May 07:53 News24 3752801378393858586.html
Why the national cabinet must brace for the jobless wave

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

29 May 07:23 Australian Financial Review 3974284486371593875.html
ASX climbs 4.2pc in May as fallen stocks find favour

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

29 May 07:10 Australian Financial Review 3974284486438766064.html
Court rules Bendigo Bank small business loans were 'unfair'

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

29 May 07:21 Australian Financial Review 3974284486595597244.html
How coronavirus is reshaping the mobility industry, from EVs to supply chains

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

29 May 07:13 The Next Web 3990801509543399542.html
UK automotive production at lowest level since WW2, to cost industry $15B

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

29 May 07:34 The Next Web 3990801509976760384.html
GWM announces senior leadership for its Indian subsidiary

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

29 May 07:27 News Today 4115950002304015712.html
Bid to bring post-Brexit customs training academy to Dundee

A pitch by Dundee City Council leader John Alexander to bring a post-Brexit training academy to the city is to be explored by the UK government.

29 May 07:46 The Courier 4275302768441760165.html
When are the Eurozone Preliminary CPIs and how could they affect EUR/USD?

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

29 May 07:54 FXStreet 4480975638324508177.html
BoC: The most depleted stockpile of monetary policy ammo any modern governor has inherited – NBF

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

29 May 07:13 FXStreet 4480975638586137100.html
EUR/USD: The trend is positive but a setback is on the cards

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

29 May 07:18 FXStreet 4480975638643350717.html
EUR/USD: Four reasons for a correction

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

29 May 07:36 FXStreet 4480975638875060674.html
USD/JPY drops to near 2-week lows amid escalating US-China tensions

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

29 May 07:11 FXStreet 4480975639496828207.html
USD/CNH: Extra gains need to clear 7.2000 – UOB

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

29 May 07:39 FXStreet 4480975639883070391.html
US Dollar Index drops to 2-month lows near 98.20 ahead of Trump

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

29 May 07:21 FXStreet 4480975640048749321.html
In Boom-and-Bust San Francisco, Pandemic Brings Grim New Reality

Uber, Lyft and Airbnb have slashed thousands of jobs. Salesforce and Visa are letting employees work remotely for months; Twitter and Square are allowing them to do so for good.

29 May 11:00 Bloomberg.com 4032480120809308584.html
When is the Canadian GDP report and how could it affect USD/CAD?

Friday's economic docket highlights the release of monthly Canadian GDP growth figures for March, scheduled to be published at 12:30 GMT. Statistics C

29 May 11:36 FXStreet 4480975638109826880.html
AUD/USD trades at fresh session highs near 0.6660 ahead of key US data

The AUD/USD pair came under strong bearish pressure toward the end of the American session and fell to 0.6620 area. Heightened US-China tensions over

29 May 11:55 FXStreet 4480975639795728787.html
Formula 1: Williams considers sale of team as board struggles from £13 million loss in 2019

Williams said on Friday it was considering selling its once-dominant but now struggling Formula One team as part of a strategic review.

29 May 11:20 Firstpost 4760741712059244381.html
Sensex rebounds 224 points from day's low, Nifty at 9,580; ONGC top gainer, jumps over 5%

Sensex jumped 224 points on Friday, driven by gains in HDFC, ITC and HUL despite weak cues from global markets.

29 May 11:10 Firstpost 4760741713521950469.html
Lockdown 4.0 May Be Last Of Its Kind; Economic Revival Is Now Everybody’s Priority

We should see June as the transition month for a changeover from Lockdown 4.0 to Revival 1.0.

29 May 11:48 Swarajya 4977622830165543172.html
BharatPe’s card-accepting machinewith zero MDR may go live in June

Merchant payment and lending network company BharatPe is working on a card-accepting machine with zero MDR, which is likely to go live by next month. “BharatSwipe will be our card machine. It will be

29 May 11:03 BusinessLine 5283600425392347.html
Heralding a new era for agriculture

While the recent reform steps and stimulus package for agriculture will go a long way in boosting farmers’ income, price volatility in perishables continues to be a challenge

29 May 11:22 BusinessLine 5283600858289205.html
New Otago Community Trust Chair Appointed

Otago Community Trust has today announced the appointment of John Wilson as its new chair. John takes over the Trust’s chair role from Ross McRobie effective from 1 June 2020. Ross will remain on the board of Otago Community Trust as a trustee until such time that the Minister of Finance makes the new trustee appointments.

29 May 11:02 SCOOP 5315658999000936893.html
COVID-19: Planning For Major Projects At NZ’s Largest Industrial & Residential Development Underway

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

29 May 11:22 SCOOP 5315658999200689530.html
ByteDance plans to shift its power center from China - Gizchina.com

ByteDance plans to shift its power center from China. The company is actively recruiting top executive and engineers outside China

29 May 11:04 Gizchina 5392375274806747141.html
'McLovin it': McDonald's to reopen East Kilbride drive-thrus next week

The fast food favourite will announce which Golden Arches branch is reopening only on the morning that service is resuming in order to manage demand.

29 May 11:29 dailyrecord 552235479587015592.html
Semler Scientific: High-Quality Medical Stock With Cash Flow Growth And Zero Debt

Semler Scientific's blood-flow measurement product, QuantaFlo, offers major advantages over the more widely-used blood pressure cuff technique. Semler achieved

29 May 11:25 Seeking Alpha 5725634556199123442.html
Boyd Gaming: Vegas Locals Market Spurt Will Drive Faster Recovery Than Strip After June 4th Reopening

The Las Vegas locals market has been one of the strengths of Boyd. Demos suggest a quicker revenue recovery than strip properties. Pre-virus growth showed balan

29 May 11:19 Seeking Alpha 5725634556408696321.html
Wall Street Breakfast: U.S.-China Tension Ratchets Up

Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha, iTunes, Stitcher and Spotify (click the highlighted

29 May 11:10 Seeking Alpha 5725634556738384089.html
Month-End Profit-Taking Weighs On Equities As The Euro Pops Above $1.11

Equity markets in the Asia-Pacific region were mixed, with Japan, Hong Kong, Australia, and Taiwan seeing selling pressure. The Dow Jones Stoxx 600 is snapping

29 May 11:50 Seeking Alpha 5725634556758868394.html
First Horizon National: A 6.5% Yield Your Portfolio Should Have

First Horizon National is one of the largest regional banks in the Southeast with more than $32 billion in deposits. The company has seen strong loan growth amo

29 May 11:08 Seeking Alpha 5725634557036119502.html
Elastic: Attractive Expansion Around Its Core Competencies

Elastic is leveraging its core competence in IaaS search technology to expand into the fast-growing cloud security and APM markets. It also continues to maintai

29 May 11:22 Seeking Alpha 5725634557327135754.html
Learning From The Ups And Downs Of The Stock Market

Thus far in 2020, the stock market has experienced daily moves of 1.5% or more (up or down) 43% of the time. Of the 100 trading days thus far in 2020, 53 have b

29 May 11:34 Seeking Alpha 5725634557338999415.html
Why The S&P 500 Rebounded And Why It (Maybe) Makes Sense

True corporate profits have stagnated since 2012, clouded by lower tax rates, and share buybacks. Lower interest rates are not a justification for higher valuat

29 May 11:30 Seeking Alpha 5725634557753773492.html
Inflation pushes sharply into negative territory

Consumer price inflation here fell by a dramatic 0.9pc in May according to a first estimate by European Statistics Agency Eurostat.

29 May 11:06 independent 5894610845579897210.html
Iconic luxury department store Harrods to open its first outlet location in a bid to shift excess stock that has built up in its store during the lockdown

Harrods outlet store opens at Westfield shopping center in London in July.

29 May 11:50 Business Insider 6060062399872233831.html
10 things you need to know before the opening bell

This is what traders are talking about.

29 May 11:52 Business Insider 6060062400099946748.html
Road User Charges from 1 July 2020 - NZ Post

The Government has recently announced changes to the Road User Charges (RUC), which will take effect from 1 July 2020. See the Ministry of Transport website for more information.

29 May 11:49 www.voxy.co.nz 6138926314055383108.html
EasyJet and Carnival poised to exit FTSE 100 as virus hammers travel firms

Avast, Homeserve, Ladbrokes owner GVC and Convatec have been earmarked as the most likely firms to move into the index.

29 May 11:43 Jersey Evening Post 6141642774448763579.html
Feds won't mandate refunds

The federal government is not committing to a bailout of the Canadian airlines sector - but is also not planning to require air carriers to refund ticket holders for the flights cancelled during the COVID pandemic as some consumers have requested.

29 May 11:43 Castanet 616068603119071911.html
Najib Denies Using An Israeli Company To Spy On Civilians And Opposition

The operation by Najib's administration and the company was called 'Project Magnum'.

29 May 11:41 SAYS 6412808304729984567.html
Pound-to-New Zealand Dollar Rate Breaking Down into New Lower Range, but Nears Support

The British Pound Sterling vs the New Zealand Dollar: Latest GBP/NZD News and Analysis

29 May 11:01 The Pound Sterling Live 6614579506626126971.html
Franklin Templeton’s legal troubles rise as Madras HC issues notice

The court sought a status report from Sebi on the refund process.The matter would be next heard on 26 June

29 May 11:20 Livemint 6614605818260377020.html
Output of eight infrastructure sectors contracts by 38.1% in April

During the month of nationwide lockdown, cement and steel output shrank 86% and 83.9% respectively, while electricity and coal output fell 22.8% and 15.5% respectively

29 May 11:51 Livemint 6614605818931747053.html
IRCTC train ticket booking: Reservation period extended, tatkal brought back

The tatkal ticket booking facility will also be applicable for 200 special mail express trains that will commence from June 1.Indian Railways partially resumed services with 30 special AC trains on May 12

29 May 11:40 Livemint 6614605818986628979.html
Consumer confidence up for first time in five months in Japan

The figure is the second-lowest since April 2004 and lower than the 27.5 posted in January 2009 during the global financial crisis.

29 May 11:49 The Japan Times 6673764367442748289.html
Pradhan envisages home delivery of petrol, CNG

“The government has already started mobile dispensers for diesel.”

29 May 11:55 The Hindu 6679535024984439283.html
Trafford Council lends Manchester Airport nearly £13m as part of major loan package

Concerns have previously been expressed about the authority's level of borrowing by its own councillors

29 May 11:29 men 6694993429381752858.html
Job-seekers targeted in upfront fee scam

Recruitment firm claimed farm workers needed criminal background checks

29 May 11:05 mirror 675785261454676516.html
P2P Lender Archover to Begin Offering New Secured Lending Again, According to Charlotte Marsh, MD at ArchOver

Charlotte Marsh, managing director at ArchOver, a peer-to-peer (P2P) lending platform supporting SMEs business borrowing, has argued that the COVID-19 outbreak

29 May 11:41 Crowdfund Insider 6834688073570049868.html
‘We thought too big,’ Renault says as it axes 15,000 jobs in cost-cutting reboot

Faced with a slump in demand that has been exacerbated by the coronavirus pandemic, Renault detailed plans on Friday to find 2 billion euros in savings over the next three years.

29 May 11:03 The Globe and Mail 68426410031045063.html
Canopy posts $1.3-billion loss on impairment and restructuring charges; shares tumble

Ontario-based Canopy Growth’s net loss attributable to the company widened to $1.30 billion, or $3.72 per share, in the quarter ended March 31, from $379.5 million, or $1.10 per share, a year ago

29 May 11:20 The Globe and Mail 68426410471618137.html
Friday’s small-cap stocks to watch

Our roundup of Canadian small-caps making news and on the move today

29 May 11:53 The Globe and Mail 68426410700191826.html
Citi indicator sees 70% chance of market losses from here

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

29 May 11:44 The Globe and Mail 68426411743481173.html
UK’s Project Birch revives age-old problem of ‘picking winners’

State aid policy must stand on its own merits and not be muddled up with Covid-19

29 May 11:58 Ft 707176889591263189.html
Renault to slash about 15,000 jobs in €2bn cost-cutting plan

Carmaker eyes production cuts after fall in demand during coronavirus crisis

29 May 11:08 Ft 707176890028434978.html
EasyJet and Carnival poised to exit FTSE 100 as virus hammers travel firms

Avast, Homeserve, Ladbrokes owner GVC and Convatec have been earmarked as the most likely firms to move into the index.

29 May 11:40 Express & Star 7324224459913360059.html
Self-employed scheme extension leaves ‘vulnerable at risk’, says arts trade body

Caroline Norbury, Creative Industries Federation CEO, warned against a ‘cliff-edge’ end to support.

29 May 17:47 Express & Star 7324224460757132008.html
The Walmart Amazon Whole Paycheck Tracker: Retail Giants Eye Key Acquisitions And Expansions

Both Walmart and Amazon made some big add-ons and/or acquisitions this week as they attempt to widen their sphere of retail influence in a post-pandemic world.

29 May 17:12 PYMNTS.com 7357138825416112567.html
The Week In Payments: How Businesses Can Navigate The Road To Recovery

In this week's payment news: Could voice authentication, digital banking and alternate payment terms help businesses meet the current challenges?

29 May 17:00 PYMNTS.com 7357138826332550428.html
Commuters decry new BRT fares as operator count losses

Commuters in Lagos yesterday expressed dissatisfaction over the hike in fares by the Primero Transport Services Limited, operator of the Bus Rapid Transit (BRT) in the state.

29 May 17:28 The Guardian 7580308504926051004.html
Over 7 lakh small stores may have shut shop due to lockdown

India has about 10-12 million small retail outlets selling grocery and other FMCG products.

29 May 17:07 The Economic Times 7653256036396828697.html
Elon Musk earns performance-based Tesla payout worth $775M

Elon Musk is officially in the money. The Tesla CEO on Thursday became eligible to cash in on a controversial payday which could see him pocket more than $700 million. The electric automaker said in a

29 May 17:40 New York Post 7654946767456010773.html
Nissan formally closes Indonesian factory

Automaker Nissan Motor Indonesia (NMI) announced the official closure of its factory in Indonesia as its Japanese parent company disclosed a restructuring plan to improve its finances.

29 May 17:07 The Jakarta Post 7678601104243551334.html
Housing sector faces its worst ever crisis due to Covid-19

Credai chief says Central government should offer a two per cent interest subsidy on home loans

29 May 17:56 The Hans India 817019413834656887.html
Searching post-Covid real estate landscape in India

Indian millennials are now in favour of buying homes. This is a significant change in their previous outlook, which largely favoured renting almost everything

29 May 17:41 The Hans India 817019414483960024.html
MEIL builds 15 pump houses in Kaleshwaram project

With inauguration of Markook pump house on Friday, 9 pump houses with total 3,767 MW capacity have been operationalised

29 May 17:06 The Hans India 817019415370780397.html
N.Y. Marine Reserve squadron gets its first KC-130J tanker plane

May 29 (UPI) -- Stewart Air National Guard Base, N.Y., received its first KC-130J Super Hercules tanker plane, manufacturer Lockheed Martin said Friday.

29 May 17:19 UPI 8257973865738197524.html
China's Kunlun says U.S approves sale of Grindr to investor group

(Reuters) - Chinese gaming company Beijing Kunlun Tech Co Ltd said on Friday that a U.S. national security panel approved the $620 million sale of popular gay dating app Grindr to an investor group called San Vicente Acquisition LLC.

29 May 17:40 Reuters 8334514179725440307.html
South African tobacco firms, associations seek court action over cigarette sales ban

JOHANNESBURG (Reuters) - A raft of South African tobacco companies, activists and associations are seeking legal action over the ban on cigarette sales during the country’s coronavirus lockdown.

29 May 17:05 Reuters 8334514180401843516.html
IMF says Bosnia's failure to disburse IMF emergency aid is unprecedented

SARAJEVO (Reuters) - Five weeks after the International Monetary Fund gave Bosnia $370.46 million in emergency aid to help combat the coronavirus crisis, the funds have still not been disbursed due to a disagreement between its rival ethnic leaders, officials said.

29 May 17:51 Reuters 8334514180813792227.html
Bulgaria to end quarantine on travel from most of EU

SOFIA (Reuters) - Bulgaria will lift an obligatory 14-day quarantine from June 1 for travellers from most European Union countries, but not those states with the biggest coronavirus outbreaks, the government announced on Friday.

29 May 17:28 Reuters 8334514180921589017.html
Fertilizer supplies, prices remain low and stable amid coronavirus concerns

If your soil test levels are low, low fertilizer prices provide a good opportunity to rebuild phosphorus (P) and potassium (K) levels.

29 May 17:07 Successful Farming 8502642054457443654.html
Managed money betting on big crops

A fast start to the planting season and a lackluster export market have prices for row crops trading mostly sideways over the last month and weaker since the beginning of the year.

29 May 17:20 Successful Farming 8502642054746761509.html
Maker (MKR) Jumps 37% Following a Second Listing on Coinbase

Coinbase listed MKR for the first time in April 2019, but due to limited liquidity no trades were executed.

29 May 17:28 Finance Magnates 8992138266215208299.html
Key Russian air cargo customer sues Boeing over widebodies, highlighting how coronavirus shifted market

The legal complaint has a weird twist: Russian cargo carrier Volga-Dnepr alleges that it has a binding contract to take four widebody aircraft worth more than $600 million at standard...

29 May 17:25 The Seattle Times 9121942836614332765.html
Senators ask FTC to investigate Instacart over 'tip baiting'

A group of US senators has called on the FTC to investigate Instacart and other grocery delivery services for allowing 'tip baiting' that stiffs couriers.

29 May 17:59 Engadget 96641515800444925.html
Workers to start getting part of furlough payments from their companies

Chancellor Rishi Sunak announced that the self-employment support scheme has also been extended.

29 May 17:12 Metro 970161748829978389.html
Businesses to start paying towards furlough costs in August

A final self-employment coronavirus grant is to be made available and businesses must start paying towards the worker furlough scheme from August, the British Government has announced.

29 May 17:25 The Irish News 993065283471033.html
Agriculture, mining saved Indian economy in FY20, can it sustain COVID-19 assault?

The impact of COVID-19 on Indian economy is yet to unravel; the 2019-20 GDP estimates, thus, hide more than they reveal on the state of economy in 2020-21

29 May 18:22 Business Today 1145527431643780825.html
GST collections down 70% in April

April GST collections are for March transactions, and the lockdown started only from March 25, therefore, the poor collection in the month could be mostly due to extension of return filing dates

29 May 18:53 Business Today 1145527432182283852.html
Yes Bank launches overdraft facility on FDs through digital channels

The customers can avail the facility by clicking ‘pre-approved offers’ or ‘exclusive Offers’ to the select eligible fixed deposits. The bank promises to disburse the sanctioned overdraft limit in one day.

29 May 18:24 The Financial Express 1288289579960606074.html
COVID-19 impact: Mani Ratnam pitches for big stars to reduce costs; future of digital, OTT platforms in focus

Talking of internal reforms, Ratnam also hinted at the expectation of some help from the government to keep the industry afloat.

29 May 18:02 The Financial Express 1288289580028444510.html
India’s core sector output witnesses biggest ever fall, contracts 38% in April as lowdown hits economy

India’s core sector output contracted 38.1% in the month of April, reflecting how India’s economy has taken a toll as the nation fights the coronavirus pandemic.

29 May 18:05 The Financial Express 1288289580513503190.html
Limited impact on Vedanta operations due to coronavirus lockdown: Crisil

Also, increase in export offset decline in domestic demand during the lockdown, supported by its low cost position in key businesses, it said.

29 May 18:28 The Financial Express 1288289580966216182.html
Sebi concessions fail to lift IPO market, firms shelve listing plans

Investment bankers say many have shelved listing plans; appetite healthy for share sales in large listed firms

29 May 18:17 Business-Standard 1502508925174395316.html
Late surge in share prices helps markets improve returns scorecard in May

A sharp surge in share prices during the last week of May helped the markets improve their returns scorecard for the month. The benchmark Sensex and Nifty ended with losses of 3.8% and 2.8%

29 May 18:17 Business-Standard 1502508925197962455.html
Large cruise ships barred from Canadian waters until end of October: Garneau

The cruise-ship season in Canada is all but sunk as Ottawa extends its ban on large ships in Canadian waters until the end of October in an attempt to contain COVID-19.

29 May 18:46 CP24 1887544295658593681.html
Two Billion Set to Lose Their Jobs Next Couple of Months Due to Pandemic

Study says 10% of global workforce likely to work remotely forever

29 May 18:40 Infowars 1950426314746015784.html
Debate over extending $600 in jobless aid in United States

 A debate in Congress over whether to extend USD 600 a week in federally provided benefits to the unemployed looks sure to intensify with the number of people receiving the aid now topping 30 million

29 May 18:14 Deccan Herald 2027555796409024887.html
Snags in Kerala's liquor app triggers corruption allegation

With technical snags in the mobile app for liquor sale in Kerala remaining unresolved for the second day, opposition Congress alleged of irregularities and demanded a vigilance probe.

29 May 18:56 Deccan Herald 2027555796592906247.html
Sebi fines 2 persons in SpiceJet insider trading case

Markets regulator Sebi on Friday imposed a penalty totalling Rs 35 lakh on two persons for trading in shares of SpiceJet on the basis of unpublished price-sensitive information related to financial

29 May 18:16 Deccan Herald 2027555797351543286.html
Limited impact on Vedanta operations due to coronavirus lockdown: Crisil

 The COVID-19-induced lockdown has had a limited impact on the operations of Vedanta Ltd, rating agency Crisil has said. Also, increase in export offset decline in domestic demand during the

29 May 18:08 Deccan Herald 2027555797626580818.html
Kollect reports rise in revenues as Covid-19 hits waste collections

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

29 May 12:35 The Irish Times 8204772968964956351.html
Greece to open to tourists from 29 countries from June 15

ATHENS (Reuters) - Greece said on Friday it will open to visitors from 29 countries from June 15, days before its peak tourism season begins.

29 May 12:22 Reuters 8334514180411317766.html
EU Lawlords Put O2 and Three Merger Back on the Cards

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

29 May 12:30 Gizmodo UK 8363059001474023172.html
China’s First Civil Code Allows Citizens to Inherit Cryptocurrency

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

29 May 12:14 BTC Manager 8549607152929163151.html
Indian economy grew at just 3.1% in January-March quarter, the slowest in 11 years

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

29 May 12:32 Scroll.in 8669301694011037395.html
Salesforce shares dip 4% on light revenue, earnings guidance

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

29 May 12:43 MarketWatch 8975941548548507139.html
Blockchain.com Rolls Out Bitcoin Interest Accounts

Blockhcian.com, one of the early crypto wallet platform, has rolled out interest-bearing accounts for deposited digital assets.

29 May 12:26 Finance Magnates 8992138266459481417.html
TJ Maxx, Marshalls, HomeGoods to reopen all stores in next month

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

29 May 12:43 KNOE 8 News 9048639191754129419.html
UK Action Fraud Reveals Victims Have Lost Over £4.6 Million in Coronavirus Scams

Action Fraud has listed seven types of scams it’s seen since the start of the coronavirus pandemic. This includes courier fraud, online shopping, computer software...

29 May 12:26 Sputniknews 967333868601200523.html
A quarter of jobs at Belfast International Airport set to be cut

Airport boss warns it will take "years" for air travel to return to normal has he confirms plan to cut 45 jobs. 

29 May 12:17 The Irish News 993065614280036.html
India reports GDP growth for January-March quarter at 3.1%; 4.2% for FY20

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

29 May 13:04 The Statesman 1191309782474209857.html
Boney Kapoor: Optimistic about Indian film industry bouncing back post COVID-19 pandemic

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

29 May 13:57 Mumbai Mirror 1209961193383413742.html
Madras High Court issues notices to Franklin Templeton MF, Sebi: Investors Group

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

29 May 13:22 The Financial Express 1288289579541332474.html
SBI EMI Moratorium calculation: Additional Rs 4.5 lakh interest on 15-year Home Loan of Rs 30 lakh

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

29 May 13:57 The Financial Express 1288289579755179330.html
Modi’s hydroxychloroquine support to US brings first installment of mega US-India trade deal closer

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

29 May 13:18 The Financial Express 1288289580695987978.html
Goldman Sachs president says bank on track to meet growth goals

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

29 May 13:50 The Financial Express 1288289580826283734.html
Soas to slash budgets and staff as debt crisis worsens in pandemic

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

29 May 13:48 the Guardian 1491978796072532062.html
Vodafone Idea stock jumps 35% on report of possible stake sale to Google

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

29 May 13:36 Business-Standard 1502508925047644177.html
Sanitation and cleanliness on top of new age mobility firms' agenda

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

29 May 13:24 Business-Standard 1502508925787092847.html
Investors Skittish Ahead of Expected Sanctions on China

Wall Street is starting to feel the sting of U.S.-China tensions, as investors await President Trump’s announcement on potential sanctions later Friday.

29 May 13:52 Courthouse News Service 1799505150363622928.html
Volkswagen invests 2 billion euros in Chinese electric vehicle sector

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

29 May 13:20 Rappler 1882105642751442254.html
Nikkei dented by US-China tensions, but scores best month since 2015

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

29 May 13:16 Deccan Herald 2027555797926921003.html
2 Stocks I'll Hold Forever

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

29 May 13:15 The Motley Fool 2231313658008280693.html
5 Quotes to Help Plan for Retirement

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

29 May 13:00 The Motley Fool 2231313658508514049.html
5 Must-Know Investing Rules for Newbies

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

29 May 13:32 The Motley Fool 2231313658676268686.html
Better Buy: Zoom Video Communications vs. Microsoft

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

29 May 13:30 The Motley Fool 2231313658755361716.html
Another delay in release of SAA rescue plan

Rescue practitioners Siviwe Dongwana and Les Matuson have asked creditors for another extension — the fourth thus far — to the deadline to publish SAA’s business rescue plan.

29 May 13:13 Daily Maverick 2373996787291754192.html
Union steps in with food vouchers and legal action as Denel fails to pay May salaries

Trade union UASA has set up a fund to assist its members after the embattled state-owned enterprise, Denel, abruptly announced that it would not be able to pay its employees in May. The union says they will be taking the matter to court.

29 May 13:21 Daily Maverick 2373996787616824641.html
VW spending $2.2B to expand in China's electric car market

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

29 May 13:03 CTVNews 2422791598231115851.html
3 Natural Gas Stocks for a Cleaner Future

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

29 May 13:08 InvestorPlace 24614509155648983.html
How This Week Highlights the Challenges Facing General Electric Stock

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

29 May 13:44 InvestorPlace 24614509308095101.html
10 Penny Stocks to Buy Under $5 That Might Be Worth the Risk

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

29 May 13:43 InvestorPlace 24614509799404139.html
Slim Vaccine Chances Make iBio Stock Too Speculative Here

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

29 May 13:10 InvestorPlace 24614509967572956.html
Hong Kong’s Turmoil Makes EWH a Profitable Put Play

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

29 May 13:27 InvestorPlace 24614509967624095.html
3 of the Best Breakout Stocks to Buy Now

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

29 May 13:59 InvestorPlace 24614510569383388.html
Legal lifeline for businesses refused critical coronavirus pay out

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

29 May 13:57 DevonLive 2469244513037263977.html
3 Recent Catalysts For Bitcoin

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

29 May 12:38 Seeking Alpha 5725634556043566642.html
No, Luckin Coffee Is Not 'Too Cheap'

LK stock has briefly caught a bid this week after falling over 95%. On paper, the numbers for LK can work at the current valuation, given cash on the balance sh

29 May 12:40 Seeking Alpha 5725634556288517506.html
The Gold/Silver Ratio Begins To Trend Lower

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

29 May 12:20 Seeking Alpha 5725634557582258328.html
Fashion retailer PAS group goes into voluntary administration

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

29 May 12:24 The New Daily 5848147785424780122.html
Feds won't force airline ticket refunds for COVID-19 cancellations

The federal government is signalling that it won't force airlines to offer refunds to ticket holders for flights cancelled during the COVID-19 pandemic.

29 May 12:43 City NEWS 1130 5858657120229646685.html
Covid-19 to have ‘very significant impact’ on Coillte

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

29 May 12:06 independent 5894610846044630002.html
The UK wants to join with Trump to form a new global alliance to end China's grip on 5G

Boris Johnson wants to form a technology alliance with the US and other countries amid global anger towards China.

29 May 12:16 Business Insider 6060062399766764920.html
Air Canada is using its business class-only private jets on some routes to make social distancing in the sky easier — take a look at the unique plane

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

29 May 12:16 Business Insider 6060062401061744254.html
GDP growth slows to 3.1% in Q4; core sector output contracts 38.1% in April

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

29 May 12:27 The Times of India 6060938663363499666.html
Greece to open to tourists from 29 countries from June 15

Europe News: ATHENS: Greece said on Friday it will open to visitors from 29 countries from June 15, days before its peak tourism season begins.

29 May 12:12 The Times of India 6060938663585570988.html
Planning for major projects at industrial and residential development underway

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

29 May 12:12 www.voxy.co.nz 6138926315042084607.html
Rising tension caps optimism - CMC Markets

By Michael McCarthy (chief market strategist, CMC Markets and Stockbroking)

29 May 12:42 www.voxy.co.nz 6138926315647304243.html
EasyJet to cut 30% of staff and reduce fleet

THOUSANDS of easyJet staff are to lose their jobs, the airline has announced as it restructures following the coronavirus pandemic.

29 May 12:46 Jersey Evening Post 6141642773893098877.html
Endeavour Silver resumes operations at three Mexico mines

Canadian miner Endeavour Silver has resumed mining operations at its three underground silver-gold mines in Mexico.

29 May 12:15 Mining Technology 639193375873029830.html
Maharashtra to ease lockdown from June onwards

Maharashtra Chief Secretary Ajoy Mehta had on Tuesday told reporters that the lockdown removal will happen in a 'very very gradual' and calibrated manner.Inter-district movement however, may not be allowed as it may lead to cross infection

29 May 12:46 Livemint 6614605819181863074.html
Covid-19 impact: India GDP growth slows to 3.1% in March quarter

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

29 May 12:21 Livemint 6614605819506458709.html
India's GDP Growth Slows To 3.1% In March Quarter, 4.2% For FY20

Output of eight infrastructure sectors contracted by 38.1% in April.

29 May 12:32 HUFFPOST 6665507017308153118.html
The future of Indian retail post-Covid

After incurring losses of about ₹90,000 crore this lockdown, the organised retail sector is working on strategies to stay in the game

29 May 12:38 The Hindu 6679535024319971750.html
Drop power privatisation plan: Puducherry MP

N. Gokulakrishnan says Centre’s move will affect farmers and the poor

29 May 12:44 The Hindu 6679535025095194967.html
‘Use CSR initiative to help needy people in Kollidam’

A public welfare organisation has approached the Nagapattinam district administration seeking utilisation of the CSR (Corporate Social Responsibility) funds of the Oil and Natural Gas Corporation for

29 May 12:44 The Hindu 6679535025889622922.html
AI Startup Accern Secures $13 Million Through Series A Funding Round

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

29 May 12:56 Crowdfund Insider 6834688072969401146.html
Starling Bank Raises £40 Million From Existing Investors, Total Raised for the Year Stands at £100 Million

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

29 May 12:47 Crowdfund Insider 6834688073511321726.html
Invoice Insurance Provider Nimbla Partners Wiserfunding, a Credit Risk Assessment Platform, to Enhance Business Operations

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

29 May 12:17 Crowdfund Insider 6834688073656952919.html
CannTrust plans to restart Niagara greenhouse after Health Canada reinstates licence

The cannabis company says it cannot say when its products will be available in the market as that depends on a Health Canada decision regarding its manufacturing facility in Vaughan, Ont.

29 May 12:33 The Globe and Mail 68426410424046856.html
Consumer discretionary stocks in the spotlight as U.S. economy reopens

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

29 May 12:53 The Globe and Mail 68426410564748733.html
Amazon.com, Inc. (NASDAQ:AMZN) Shares Acquired by Biondo Investment Advisors LLC

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

29 May 12:48 Markets Daily 6922190226885879918.html
40,729 Shares in NMI Holdings Inc (NASDAQ:NMIH) Bought by Trexquant Investment LP

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

29 May 12:32 Markets Daily 6922190227031655700.html
Bank of Montreal to Issue Quarterly Dividend of $0.76 (NYSE:BMO)

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

29 May 12:16 Markets Daily 6922190227045457842.html
Commerce Bank Buys 2,565 Shares of PolyOne Co. (NYSE:POL)

Commerce Bank raised its stake in shares of PolyOne Co. (NYSE:POL) by 15.7% during the 1st quarter, according to the company in its most recent filing with the SEC. The firm owned 18,900 shares of the specialty chemicals company’s stock after purchasing an additional 2,565 shares during the quarter. Commerce Bank’s holdings in PolyOne were […]

29 May 12:34 Markets Daily 6922190227567139014.html
Kathmere Capital Management LLC Purchases 3,849 Shares of Apple Inc. (NASDAQ:AAPL)

Kathmere Capital Management LLC increased its position in Apple Inc. (NASDAQ:AAPL) by 68.0% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 9,509 shares of the iPhone maker’s stock after buying an additional 3,849 shares during the quarter. Apple accounts for 0.9% of […]

29 May 12:28 Markets Daily 6922190227653277630.html
Swiss National Bank Acquires 2,100 Shares of Global Blood Therapeutics Inc (NASDAQ:GBT)

Swiss National Bank increased its holdings in shares of Global Blood Therapeutics Inc (NASDAQ:GBT) by 1.8% in the first quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 116,800 shares of the company’s stock after purchasing an additional 2,100 shares during the quarter. Swiss National Bank owned […]

29 May 12:32 Markets Daily 6922190227737340787.html
PNC Financial Services Group Inc. Buys 7,890 Shares of Elanco Animal Health (NYSE:ELAN)

PNC Financial Services Group Inc. boosted its stake in shares of Elanco Animal Health (NYSE:ELAN) by 18.5% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 50,550 shares of the company’s stock after acquiring an additional 7,890 shares during the quarter. PNC […]

29 May 12:16 Markets Daily 6922190227772944283.html
Ashland Global Holdings Inc (NYSE:ASH) Shares Sold by PNC Financial Services Group Inc.

PNC Financial Services Group Inc. lowered its position in shares of Ashland Global Holdings Inc (NYSE:ASH) by 2.9% during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 22,970 shares of the basic materials company’s stock after selling 690 shares during the quarter. PNC Financial […]

29 May 12:16 Markets Daily 6922190227950664883.html
Trexquant Investment LP Purchases Shares of 8,789 Global Blood Therapeutics Inc (NASDAQ:GBT)

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

29 May 12:32 Markets Daily 6922190228058808097.html
Heritage Investors Management Corp Sells 8,501 Shares of Apple Inc. (NASDAQ:AAPL)

Heritage Investors Management Corp decreased its holdings in shares of Apple Inc. (NASDAQ:AAPL) by 3.4% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 244,454 shares of the iPhone maker’s stock after selling 8,501 shares during the quarter. Apple makes up […]

29 May 12:28 Markets Daily 6922190228067151150.html
Synchrony Financial (NYSE:SYF) Position Increased by Commerce Bank

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

29 May 12:18 Markets Daily 6922190228072963996.html
Trexquant Investment LP Has $499,000 Holdings in Clean Harbors Inc (NYSE:CLH)

Trexquant Investment LP raised its stake in Clean Harbors Inc (NYSE:CLH) by 4.1% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 9,710 shares of the business services provider’s stock after acquiring an additional 382 shares during the quarter. Trexquant Investment LP’s holdings […]

29 May 12:29 Markets Daily 6922190228114042151.html
Mengis Capital Management Inc. Sells 204 Shares of Apple Inc. (NASDAQ:AAPL)

Mengis Capital Management Inc. trimmed its stake in Apple Inc. (NASDAQ:AAPL) by 0.3% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 77,222 shares of the iPhone maker’s stock after selling 204 shares during the period. Apple comprises about 6.7% of Mengis Capital […]

29 May 12:28 Markets Daily 6922190228139239416.html
Fusion Family Wealth LLC Has $325,000 Stock Position in Apple Inc. (NASDAQ:AAPL)

Fusion Family Wealth LLC decreased its holdings in shares of Apple Inc. (NASDAQ:AAPL) by 5.1% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,277 shares of the iPhone maker’s stock after selling 68 shares during the quarter. Apple makes up […]

29 May 12:28 Markets Daily 6922190228169555425.html
Cambridge Investment Research Advisors Inc. Has $166.59 Million Stock Position in Amazon.com, Inc. (NASDAQ:AMZN)

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

29 May 12:48 Markets Daily 6922190228175907058.html
Apple Inc. (NASDAQ:AAPL) is Wade G W & Inc.’s 3rd Largest Position

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

29 May 12:28 Markets Daily 6922190228330404104.html
Apple Inc. (NASDAQ:AAPL) Shares Acquired by Noesis Capital Mangement Corp

Noesis Capital Mangement Corp lifted its position in shares of Apple Inc. (NASDAQ:AAPL) by 3.9% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 14,412 shares of the iPhone maker’s stock after buying an additional 541 shares during the period. Apple […]

29 May 12:28 Markets Daily 6922190228333873220.html
Commerce Bank Sells 4,601 Shares of Invesco Ltd. (NYSE:IVZ)

Commerce Bank trimmed its holdings in shares of Invesco Ltd. (NYSE:IVZ) by 10.3% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 40,174 shares of the asset manager’s stock after selling 4,601 shares during the period. Commerce Bank’s holdings […]

29 May 12:34 Markets Daily 6922190228381834628.html
Mackay Shields LLC Invests $640,000 in MarineMax Inc (NYSE:HZO)

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

29 May 12:29 Markets Daily 6922190228401338498.html
Commerce Bank Buys 847 Shares of Bank of Montreal (NYSE:BMO)

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

29 May 12:48 Markets Daily 6922190228402987245.html
Tractor Supply (NASDAQ:TSCO) PT Raised to $138.00

Tractor Supply (NASDAQ:TSCO) had its price target boosted by analysts at Royal Bank of Canada from $116.00 to $138.00 in a report issued on Wednesday, The Fly reports. Royal Bank of Canada’s price objective suggests a potential upside of 15.99% from the stock’s current price. A number of other equities analysts also recently commented on […]

29 May 12:40 Markets Daily 6922190228506034820.html
Swiss National Bank Buys 600 Shares of FirstCash Inc (NYSE:FCFS)

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

29 May 12:32 Markets Daily 6922190228600401977.html
Nordstrom, Inc. (NYSE:JWN) Shares Purchased by Swiss National Bank

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

29 May 12:29 Markets Daily 6922190228623647090.html
Madison Wealth Management Buys 1,967 Shares of Amazon.com, Inc. (NASDAQ:AMZN)

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

29 May 12:48 Markets Daily 6922190228655235944.html
Apple Inc. (NASDAQ:AAPL) Shares Bought by FineMark National Bank & Trust

FineMark National Bank & Trust grew its stake in shares of Apple Inc. (NASDAQ:AAPL) by 3.2% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 211,873 shares of the iPhone maker’s stock after acquiring an additional 6,583 shares during the period. […]

29 May 12:28 Markets Daily 6922190228727315966.html
-$0.11 Earnings Per Share Expected for LivePerson, Inc. (NASDAQ:LPSN) This Quarter

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

29 May 12:36 Markets Daily 6922190228744915150.html
Capital Advantage Inc. Makes New Investment in Amazon.com, Inc. (NASDAQ:AMZN)

Capital Advantage Inc. bought a new position in shares of Amazon.com, Inc. (NASDAQ:AMZN) in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 607 shares of the e-commerce giant’s stock, valued at approximately $1,442,000. Amazon.com accounts for 0.6% of Capital Advantage Inc.’s portfolio, […]

29 May 12:48 Markets Daily 6922190228763988710.html
Apple Inc. (NASDAQ:AAPL) is Canton Hathaway LLC’s 4th Largest Position

Canton Hathaway LLC lowered its holdings in shares of Apple Inc. (NASDAQ:AAPL) by 1.3% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 11,627 shares of the iPhone maker’s stock after selling 153 shares during the quarter. Apple makes up 2.1% of […]

29 May 12:28 Markets Daily 6922190228799897068.html
EU weighs China policy amid concern over Hong Kong moves

The ministers, holding talks via videoconference, are weighing the need for firm policy against the damage that it might do to business ties between the Asian economic giant and the world’s biggest trading bloc.

29 May 12:27 Hindustan Times 696565558011930088.html
Deflation fears as eurozone price growth falls to four-year low

Economists highlight dangers of an accompanying drop in demand

29 May 12:45 Ft 707176888302048190.html
Williams considers sale of Formula One team

Pandemic adds to strain after poor performance on the track and £17m loss

29 May 12:31 Ft 707176888333749923.html
Ed Miliband demands more state support to rescue UK steel sector

Former Labour leader says government should consider taking equity stakes in struggling manufacturers

29 May 12:19 Ft 707176888542360242.html
Welcome to the Microsoft economy

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

29 May 12:36 TechCentral 724913819610437834.html
B2B Payments, Financing Lead Week’s FinTech Funding

B2B FinTech investors target B2B payments and small business financing with new funding rounds for Fundbox, Suryoday and others.

29 May 12:00 PYMNTS.com 7357138825606420656.html
Optimizing Contractor Payments And Productivity For A Flexible Workforce

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

29 May 12:00 PYMNTS.com 7357138826717573761.html
Sensex surges 224 points, Nifty reclaims 9,500-mark

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

29 May 12:24 DNA India 7533428661352434069.html
Madras High Court issues notices to Franklin Templeton MF, Sebi

Last month, Franklin Templeton had closed six debt funds.

29 May 12:05 The Economic Times 7653256036600987555.html
GDP growth at 3.1% in Q4 drags full year FY20 growth to 4.2 per cent

The govt has revised growth for the first three quarters of FY20 to 5.2% in Q1, 4.4% in Q2 and 4.1% in Q3.

29 May 12:34 The Economic Times 7653256037299460965.html
Bihar's industries minister writes to 24 companies inviting them to invest

Referring to Bihar as a “central location in eastern India”, Rajak said the state's location midway between UP and Bengal makes it suitable as a manufacturing base for markets in eastern UP, Bengal, Jharkhand, Odisha and the Northeast.

29 May 12:46 The Economic Times 7653256037992039677.html
KEC International Q4 results: Net profit down 3% to Rs 193 crore

Revenue during the quarter declined to Rs 3,673.73 crore as against Rs 3,845.51 crore in the year-ago period.

29 May 12:48 The Economic Times 7653256038373977090.html
Coronavirus impact: Daimler India offers free vehicle check-up to BharatBenz customers

Daimler Indian Commercial Vehicles has rolled out a new vehicle checkup and sanitisation campaign for BharatBenz customers and it is free of cost.

29 May 12:25 OVERDRIVE 7781473803102133300.html
Tesla CEO Elon Musk gets $700 million in first performance-based payout

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

29 May 07:40 Engadget 96641514478965466.html
Australian Pubs to Offer Free Beer as Breweries Rolling Out Free Kegs

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

29 May 07:04 Sputniknews 967333869198222697.html
Arrowhead and Exemplar deliver better than expected results

But Covid-19 presents risks for the property sector.

29 May 08:52 Moneyweb 1092550947661246066.html
‘One Sun One World One Grid’: India initiates talks on West to SE Asia solar grid

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

29 May 08:09 The Financial Express 1288289580563589037.html
Lupin Q4 net profit up 35% to Rs 390 cr on robust sales, lower tax expenses

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

29 May 08:54 Business-Standard 1502508925692180102.html
Bharat Bond ETF second tranche worth Rs 14,000 cr to hit market in mid-July

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

29 May 08:06 Business-Standard 1502508926409820967.html
Explainer: How important is Hong Kong to China as a free finance hub?

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

29 May 08:53 Business-Standard 1502508926679069074.html
German airline Lufthansa to double flights to Athens from Frankfurt and Munich

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

29 May 08:14 Greek City Times 1506177377276055780.html
Sunderland issue season card update as EFL season hangs in the balance

Sunderland will refund fans if the 2019-20 season is not completed, or offer streaming passes if it is finished behind-closed-doors

29 May 08:43 ChronicleLive 1984146902290468836.html
India's economy seen slowing rapidly in March quarter, with worse to come

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

29 May 08:11 Deccan Herald 2027555796108872763.html
COVID-19: Banks to open again in Saudi Arabia

Financial facilities to comply with health precautions

29 May 08:51 Gulf News 2086521545149848177.html
ACT Fibernet hikes broadband rates in 8 Indian cities - here's why

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

29 May 08:38 TechRadar 2111116915624480776.html
No cash can repay the debt from this base politics

No cash can repay the debt from this base politics.

29 May 08:57 Brisbane Times 2314609338701271305.html
Williams set to sell Formula One team

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

29 May 08:58 Brisbane Times 2314609339680021699.html
JobKeeper buck stops with Treasury boss

Steven Kennedy is ultimately responsible for the biggest policy costing discrepancy in Australian history.

29 May 08:00 Brisbane Times 2314609340012778974.html
Stocks slip as investors await Trump's Hong Kong response

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

29 May 08:13 Financial Post 2379081493464431795.html
Crude has best month on record in May as prices surge 88 per cent

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

29 May 08:00 CTVNews 2422791597135341129.html
World shares fall as Hong Kong, U.S.-China tensions weigh

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

29 May 08:00 CTVNews 2422791597904780792.html
Asia shares fall as U.S.-China tensions douse rally on Wall St

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

29 May 08:00 CTVNews 2422791598692309723.html
Who is Wipro’s new MD and CEO?

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

29 May 08:03 The Indian Express 2885715104357463079.html
Maharashtra Govt considering restart of film shoots

 With a series of new guidelines, Maharashtra Government is ready to give the go-ahead to the entrainment industry for the resumption of shooting soon. This was decided after a video conference that took place on Thursday night between representatives of the entertainment industry and Dr. Sanjay Mukherjee, chief secretary of Cultural Affairs, Maharashtra.

29 May 08:29 Nagalandpost 3019528212389810341.html
‘Almost entire’ economy could reopen before June 30 if infection rates remain low and stable, says Singapore minister

SINGAPORE, May 29 — If Covid-19 infection rates remain low and stable, the Government will decide by mid-June whether Singapore can move out of the first phase of reopening the economy, National Development Minister Lawrence Wong said today. While the first phase — which will start from June 2...

29 May 08:50 Malaymail 302165935060022756.html
Socso says received 302,997 applications for Wage Subsidy Programme

KUALA KUMPUR, May 29 — The Social Security Organisation (Socso) has received 302,997 applications from employers involving 1.98 million workers for the Wage Subsidy Programme (PSU) from April 1 until May 27. Socso’s chief executive officer Datuk Seri Mohammed Azman Aziz Mohammed in a statement...

29 May 08:36 Malaymail 302165935124323581.html
Malaysia’s Statistics Department foresees recession in the next four to six months

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

29 May 08:52 Malaymail 302165936470558939.html
SoftBank Leads $500 Million Funding for Didi Autonomous Unit

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

29 May 08:07 Bloomberg.com 4032480121128539441.html
Battle for Hong Kong Is Shifting to City’s Financial Markets

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

29 May 08:36 Bloomberg.com 4032480122169782439.html
F-35 Costs Drop for Building Jets But Rise for Operating Them

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

29 May 08:00 Bloomberg.com 4032480122631549673.html
SPECIAL REPORT: BUHARINOMICS, FIVE YEARS AFTER: Diversification agenda falters, gropes for traction

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

29 May 08:42 Vanguard News 4125100338952032424.html
[ICYMI] Obasanjo writes former African presidents, rallies support for AfDB’s Adesina

Former President of Nigeria, Olusegun Obasanjo, has called on former African presidents to support President of AfDB, Dr Akinwumi Adesina,

29 May 08:41 Vanguard News 4125100339450265966.html
SPECIAL REPORT: FOREX: Dynamic instability amidst CBN’s interventions

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

29 May 08:58 Vanguard News 4125100340673227826.html
Stocks Turn Positive After Trump Keeps Phase One China Trade Deal Intact

Trump took a more confrontational approach with China on Friday.

29 May 00:00 Forbes 6028587532349745703.html
Report: Whole Foods, King Soopers Make The Most Of Their Plant-Based Offerings

A report released Thursday by the Good Food Institute takes stock of the progress the top 15 U. S. grocery retailers have made in stocking, merchandising and marketing the growing array of plant-based meat, dairy and egg alternatives.

29 May 00:00 Forbes 6028587532373079740.html
SoftBank Vision Fund CEO Gets 113% Pay Raise Despite Massive Losses

The Vision Fund chief saw his salary more than double despite historic losses at the Japanese tech group.

29 May 00:00 Forbes 6028587532388979853.html
Should You Pick Ameren Over NextEra?

he stock price for NextEra Energy, the largest electric utility holding company in terms of market cap, is up by over 105% since the beginning of 2017, driven by the company’s fast-growing renewable energy business. In comparison, Ameren, a regulated utility that operates in Illinois and Missouri...

29 May 00:00 Forbes 6028587532421906020.html
FMG appoints Claire Owens as new managing director

Huddersfield-based incident management and recovery business FMG, appointed Claire Owens as a new managing director in March, at the outset of the Covid-19 outbreak in the UK.

29 May 00:00 FleetNews 632199012628512248.html
Tristar Worldwide begins 45-day consultation process with workers

Addison Lee Group chauffeur division Tristar Worldwide has started a 45-day consultation with some of its workers, according to GMB London.

29 May 00:00 FleetNews 632199013474757011.html
Dy manager of BoM delivers pensions at doorsteps of elderly

Employee from Bhavani Peth branch had sought special permission to enter containment zone, make the payouts

29 May 00:30 Pune Mirror 6353030400304287727.html
Government announces furlough scheme changes – what you need to know

The Chancellor Rishi Sunak has announced a series of changes to the Government's furlough scheme today, including workers being able to go back part-time from July. Here's what you need to know

29 May 00:00 MoneySavingExpert.com 6484313544654051837.html
Government's self-employment support scheme extended – what you need to know

The Government's Self-Employment Income Support Scheme will be extended and will pay out another single grant covering three months, the Chancellor has announced today. It's also said this will be

29 May 00:00 MoneySavingExpert.com 6484313545364794146.html
US strategy document formalises the threat of China and the US response

America has formalised its concerns about the political, economic and military threat which China poses for the world and has set out its proposals for dealing with it.

29 May 00:00 Electronics Weekly.com 6636672081445896389.html
The pandemic has tightened Putin's economic grip but spells trouble for the future

The coronavirus has allowed Vladimir Putin to expand the Russian state's involvement in its economy, but it creates some long-term issues.

29 May 00:12 WAtoday 6806590900104015620.html
Aussie shares slip early after Wall St stumble

The Australian share market has opened lower after Wall St dipped amid US-China trade tensions.

29 May 00:14 WAtoday 6806590900697769898.html
Goldfinch Partners acquires payments fintech Vesta

Goldfinch Partners, a Washington-based private equity firm, has invested $125 million in Vesta in a bid to take control of more than 80% of the Oregon-based payments and fraud detection solution provider.

29 May 00:00 FinTech Futures 6822881035670538279.html
Starling Bank lands £40m from existing backers

Starling Bank has raised an additional £40 million in funding from existing backers, adding to its £60 million raise in February, TechCrunch reports.

29 May 00:00 FinTech Futures 6822881035907866518.html
KfW completes multi-year deployment of FIS Ambit Focus

German state-owned development bank KfW has completed a multi-year implementation project with FIS.

29 May 00:00 FinTech Futures 6822881036126377732.html
OPPO may be closer than ever to having its own Kirin-esque series of chips

According to a new report, the mobile device OEM OPPO is making progress with its dream of constructing a team to rival Huawei's HiSilicon division. This would enable it to build its own in-house chipsets, as this company and Samsung do. The move may enhance OPPO's efficacy as a global electronics player.

29 May 00:00 Notebookcheck 6932799089549635627.html
Samsung's global wearables shipments grew by 71% for the first quarter of 2020

The latest IDC report on the wearables market (for the first quarter of 2020 (1Q2020)) shows that its watch sector declined. However, this shortfall was addressed by gains made by the audio and band categories. Apple remained the #1 brand in terms of shipments, although Samsung posted the greatest year-on-year (YoY) growth.

29 May 00:00 Notebookcheck 6932799089577839579.html
India's economy seen slowing rapidly in March quarter, with worse to come

Gross domestic product data out later on Friday is expected to show India's economy grew at its slowest pace in at least two years in the March quarter as the coronavirus pandemic weakened already declining consumer demand and private investment. The median forecast from a Reuters poll of economists

29 May 00:21 Yahoo 7097669637717529319.html
SDF Invests $550K In SatoshiPay For B2B X-Border Solution

The Stellar Development Foundation has invested $550,000 in SatoshiPay's development of a B2B cross-border payments solution and its digital wallets.

29 May 00:31 PYMNTS.com 7357138824986138292.html
Redesigning business processes for contactless operations

Blog » As the world fights against Covid19, businesses are desperately struggling to cope and sustain in the rapidly evolving commercial landscape. Long-lasting

29 May 00:00 The Eastern Herald 7420825546200440625.html
Dell Hit By Coronavirus But Wins Millions In Govt Deals

SYDNEY: In its third year in a row, Dell Australia has posted a drop in profits. This year the company posted an after-tax profit of just over AU$31 million for the financial period ended January 31, 2020, slightly down from the $33.6 million recorded in 2019.

29 May 00:00 channelnews 7653493205161719843.html
Japan Might Be Subsidizing Your Travels When The Crisis Passes Over

Japan’s tourism numbers in April 2020 were reportedly 99.9% lower than those in April 2019.

29 May 00:00 Designtaxi 7791608383976450288.html
Kildare businesses call on Government to extend wage subsidy scheme

"Ahead of today’s Cabinet meeting, County Kildare Chamber has called for the Government to reform and extend the Temporary Wage Subsidy Scheme (TWSS) beyond its initial June deadline, and e...

29 May 00:00 Leinster Leader 7955940816189770421.html
The pandemic has tightened Putin's economic grip but spells trouble for the future

The coronavirus has allowed Vladimir Putin to expand the Russian state's involvement in its economy, but it creates some long-term issues.

29 May 00:12 The Age 7967730562638753540.html
Singapore SC dismisses former Ranbaxy promoters’ appeal

 The Singapore Supreme Court has dismissed an appeal by erstwhile Ranbaxy Laboratories' former promoters Malvinder Singh and Shivinder Singh against a High Court order that declined to set aside an arbitration award in favour of Japan's Daichii Sankyo.

29 May 00:00 Telangana Today 8182025566382674522.html
Affordable electricity is a right

In Telangana, free power has played an important role in mitigating farmer suicides and also contributed to State’s food security.

29 May 00:00 Telangana Today 8182025566454613477.html
Wipro shares jump 7 per cent on new CEO appointment

Shares of Wipro on Friday closed nearly 7 per cent higher after the company announced the appointment of Capgemini Group veteran Thierry Delaporte as its CEO and MD, effective July 6.

29 May 00:00 Telangana Today 8182025566728535733.html
India’s oil import bill falls 10 per cent in FY 20

At least in the oil sector, the global health emergency posed by the spread of the novel coronavirus has come to the country's advantage.

29 May 00:00 Telangana Today 8182025566780085194.html
Sensex surges 224 pts; Nifty tops 9,550-mark

Extending its rising streak to the third session, equity benchmark Sensex jumped 224 points on Friday, driven by gains in HDFC, ITC and HUL despite weak cues from global markets.

29 May 00:00 Telangana Today 8182025566800388259.html
Creating infra worth Rs 2,209 cr in industrial parks: TSIIC Chairman

TSIIC Chairman Gyadari Balamallu said the State government was developing world class infrastructure worth Rs 2,209 crore in all industrial parks in the State.

29 May 00:00 Telangana Today 8182025567657214137.html
Council may find it difficult to raise GST rates

 The GST Council is unlikely to make major changes in the indirect tax structure at its next meeting slated mid June.

29 May 00:00 Telangana Today 8182025567676095131.html
Air India to operate additional repatriation flights to six countries

Air India said it will operate additional repatriation flights to six countries between June 4 and June 6 to bring back stranded Indians under the phase 2 of Vande Bharat Mission.

29 May 00:00 Telangana Today 8182025567682102307.html
Union tourism minister meets online travel agents, discusses post-lockdown protocols

Union Tourism Minister Prahlad Patel met a delegation of leading online travel agents (OTAs) of the country to discuss calibrated opening of hotels and accommodation units.

29 May 00:00 Telangana Today 8182025567822404432.html
Very high risk to host T20 World Cup: Cricket Australia

 Cricket Australia on Friday conceded that there is "very high risk" of this year's T20 World Cup being postponed and the body is bracing up for huge revenue loss because of that.

29 May 00:00 Telangana Today 8182025567969518815.html
NABARD sanctions Rs 1,050 crore credit support to West Bengal

The National Bank for Agriculture and Rural Development (NABARD) has sanctioned credit of Rs 1,050 crore in the current fiscal so far to West Bengal for benefit of farmers and poor people.

29 May 00:00 Telangana Today 8182025567986475028.html
South African Airways administrators seek more time for rescue plan

If the delay in publication is approved, they will start those talks on June 1, they said in the letter, dated May 28.

29 May 11:18 Moneyweb 1092550947810193003.html
Tesla CEO Musk earns incentive payout worth $775 million in first tranche

The compensation plan, approved by shareholders in 2018, consists of 20.3 million stock option awards broken up into 12 tranches of 1.69 million shares

29 May 11:50 Business Today 1145527431722943102.html
Vodafone Idea dismisses report of Google buying stake

"Currently, there is no proposal as reported by the media that is being considered at the Board," Vodafone Idea said

29 May 11:47 Business Today 1145527431791070335.html
Credit guarantee scheme: No immediate 100% payments to banks if MSMEs default

On the face of it, the guarantee scheme is a great deal for banks as there is no risk of losing money. But in reality, it is going to be a tough task for banks to get the full guaranteed amount from the guarantee corporation

29 May 11:37 Business Today 1145527431859714419.html
This telco stock has doubled in two months; eyes fresh highs

Bharti Infratel share price has doubled from its 52-week low of Rs 121 touched on March 19, 2020. However, the stock is still 22% lower from its 52-week high of Rs 295.75 registered on December 2 last year

29 May 11:11 Business Today 1145527432305073468.html
Vodafone Idea issues clarification on reports of Google picking stake in company

Reacting to the reports of tech giant Google eyeing a 5 per cent stake in the company, Vodafone Idea on Friday clarified that there is no proposal before

29 May 11:12 The Statesman 1191309781477413474.html
SkipTheDishes has seen an 89 percent jump in new restaurants during the COVID-19 pandemic

SkipTheDishes has revealed new data regarding how its business has been faring during the COVID-19 pandemic.

29 May 11:02 mobilesyrup 1267416331958219416.html
Who is Thierry Delaporte? Three interesting facts about Wipro’s new boss

Information technology major Wipro has appointed Capgemini Chief Operating Office, Thierry Delaporte, as its new Chief Executive Officer (CEO) and Managing Director.

29 May 11:07 The Financial Express 1288289579772078494.html
TikTok maker ByteDance looks to shift power out of China amid rising global tensions

TikTok’s poaching of Disney’s Kevin Mayer to be its CEO was just the most visible part of a broader strategy by its Chinese owner to shift its centre of power away from China at a time of rising global tensions, several people familiar with the plans said.

29 May 11:39 The Financial Express 1288289580497014385.html
Modi’s Rs 21 lakh cr package not enough; industry says govt needs to do this for companies to survive

Given the major disruptions caused by the coronavirus pandemic, the industry has asked for increased government spending, direct cash transfers to consumers, and deferment of taxes.

29 May 11:29 The Financial Express 1288289580943827239.html
The daily business briefing: May 29, 2020

Another 2.1 million Americans file unemployment claims, Trump signs an executive order targeting social media, and more

29 May 11:21 The Week 149215355094880128.html
Lockdown 5.0: In 'exit plan,' positive sign for Metro, malls, restaurants

The new guidelines for the extended lockdown, however, will be comparatively much stricter for 13 worst Covid-19-hit cities

29 May 11:46 Business-Standard 1502508924860479241.html
Rupee rises 11 paise to 75.65 against US dollar in early trade

The rupee appreciated 11 paise to 75.65 against the US dollar in opening trade on Friday as foreign fund inflows and weak American currency boosted investor confidence. Forex traders said investors

29 May 11:12 Deccan Herald 2027555797530136510.html
Warner Music IPO aims to strike a chord in ‘Six Feet Apart’ era

Streaming likely to boost investor interest amid pandemic lockdowns

29 May 11:12 Gulf News 2086521543778184271.html
New York gold traders are drowning in a glut they helped create

Shutdowns strangle supply routes that allow physical bullion to move around the globe

29 May 11:12 Gulf News 2086521545054567926.html
Magic Leap CEO to step down

Mixed reality headset manufacturer Magic Leap announced founder and CEO Rony Abovitz will leave his ...

29 May 11:30 Mobile World Live 2109488009882265867.html
GSMA, O-RAN Alliance join-up as operators tipped to jump on tech

The GSMA and O-RAN Alliance became the latest organisations to announce joint efforts to help ...

29 May 11:31 Mobile World Live 2109488010684858972.html
Viettel selects Digital Virgo for carrier billing

Vietnam-headquartered Viettel Group signed a global deal with Digital Virgo to deploy its direct carrier ...

29 May 11:08 Mobile World Live 2109488011476939013.html
Got $3,000? Here Are 3 Great Biotech Stocks to Buy Right Now

One big biotech and two small biotechs especially stand out as attractive picks.

29 May 11:03 The Motley Fool 2231313658821025532.html
Decoding the Stock Market: The Vocabulary of Volatility

Here are some of the most important volatility concepts for investors to know.

29 May 11:03 The Motley Fool 2231313659254291134.html
'A dud deal': Opposition promises to scrap BRI deal with China if elected

Opposition Leader Michael O'Brien said the Belt and Road Initiative with China was not in the state's interest and he would abolish it, if elected.

29 May 11:31 Brisbane Times 2314609338424206561.html
Marathon Oil Stock Will Continue to Limp Along as the Pandemic Continues

MRO stock is down 56% from last December, and it doesn't seem like stock will rally anytime soon considering the volatility in the market

29 May 11:48 InvestorPlace 24614509883249201.html
AMD Stock May Look Weak, but There’s Still Lots of Opportunity

It’s had a great run and there’s now evidence of better things to come, but AMD stock investors need to respect a good defensive game first.

29 May 11:17 InvestorPlace 24614510158728124.html
Canopy Growth Stock Is Still Among the Most Compelling Marijuana Plays

CGC stock is well-positioned to become a leader in the cannabis industry with its steady partnership with a beverage industry giant.

29 May 11:39 InvestorPlace 24614510498211832.html
7 5G Stocks to Buy for the Future of Telecom

Sure, many investors are still obsessing over the coronavirus, but it's time to invest in the future. That's why these 5G stocks are buys now.

29 May 11:50 InvestorPlace 24614511023480498.html
COVID-19 Watch: Hotels, airlines look for new revenue streams, hold on to cash to tide over liquidity crunch

Other steps like drastic cost control and a sharp reduction in future supply addition are also in the offing.

29 May 11:41 The Indian Express 2885715105007911899.html
KL-Singapore High Speed Rail construction suspension extended beyond May 31

SINGAPORE, May 29 — The suspension of the construction of the 350-kilometre Kuala Lumpur-Singapore High Speed Rail (HSR) project may be extended beyond May 31, 2020. “Malaysia had asked to extend the suspension period to allow both sides to discuss the changes they have in mind. “We are...

29 May 11:51 Malaymail 302165935387917700.html
Ringgit higher against US dollar on improved global sentiment

KUALA LUMPUR, May 29 — The ringgit ended the week slightly higher against the US dollar today on improved global sentiment despite lower oil prices, a dealer said. As at 6pm, the local note was quoted at 4.3450/3500 versus the greenback compared with yesterday’s close of 4.3540/3600. FXTM...

29 May 11:27 Malaymail 302165935460244915.html
Brexit Boost: Nissan Backs Britain as It Pulls out of EU

Japanese carmaker Nissan has announced that it will retain its plant in Sunderland, England, but will be closing its factories in Spain.

29 May 11:06 Breitbart 3148363492360032007.html
EasyJet and Carnival poised to exit FTSE 100 as virus hammers travel firms

Avast, Homeserve, Ladbrokes owner GVC and Convatec have been earmarked as the most likely firms to move into the index.

29 May 11:40 Shropshire Star 3480199992367182523.html
CWB reports Q2 profit down as provisions for credit losses soar

CWB Financial Group reported its second-quarter profit fell compared with a year ago as the economy tanked due to the steps taken to slow the COVID-19 pandemic and its provisions for credit losses more than doubled.

29 May 11:35 BNN 3833521687813244173.html
Amazon in talks for new Dublin office even as virus hits

Amazon.com Inc. is in talks to rent an office block in Dublin with space for about 750 workers, according to a person familiar with the matter.

29 May 11:56 BNN 3833521688599124217.html
Coronavirus: New mortgage holiday should affect credit record, says Nationwide boss

The UK's biggest building society says struggling applicants should be flagged to lenders.

29 May 11:11 BBC News 3883826129000471240.html