Economy 12229 May12:0014:0016:0018:0020:00
Qatar denies Gulf bloc exit rumors

29 May 11:15 1 article

Qatar denies Gulf bloc exit rumors

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 11:15 The Jakarta Post 7678601102477178755.html
TikTok maker ByteDance looks to shift power out of China amid rising global tensions

29 May 11:04 2 articles

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
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
Core sector output contracts 38% in April owing to stalled economic activity

29 May 11:36 3 articles

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
India's eight core infrastructure sectors contract 38.1% in April

Massive contraction recorded amid a nationwide lockdown to contain the spread of coronavirus

29 May 11:50 Business-Standard 1502508926199439752.html
Lockdown impact: Eight core industries' output contracts by 38.1% in April

Output of eight infrastructure sectors saw 5.2% growth in year-ago period

29 May 11:43 Livemint 6614605817630870063.html
'A dud deal': Opposition promises to scrap BRI deal with China if elected

29 May 11:31 2 articles

'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
'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
Magic Leap CEO to step down

29 May 11:30 1 article

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
Singapore top FDI source for India in FY20 with $14.67 bn in investments

29 May 11:58 1 article

Singapore top FDI source for India in FY20 with $14.67 bn in investments

In the past two financial years, FDI from Singapore has surpassed that from Mauritius

29 May 11:58 Business-Standard 1502508925130754158.html
Vodafone Idea issues clarification on reports of Google picking stake in company

29 May 11:21 2 articles

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
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
Vodafone Idea dismisses report of Google buying stake

29 May 11:47 1 article

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
Lockdown 5.0: In 'exit plan,' positive sign for Metro, malls, restaurants

29 May 11:46 1 article

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
Month-End Profit-Taking Weighs On Equities As The Euro Pops Above $1.11

29 May 11:50 1 article

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
EasyJet and Carnival poised to exit FTSE 100 as virus hammers travel firms

29 May 11:40 3 articles

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
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
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
Belfast International Airport announces voluntary redundancy programme

29 May 11:50 3 articles

Belfast International Airport announces voluntary redundancy programme

It is estimated to lose 45 employees out of a total workforce of 195 due to ‘devastating’ impact of the pandemic on air travel.

29 May 11:50 Express & Star 7324224459374447961.html
Belfast International Airport announces voluntary redundancy programme

It is estimated to lose 45 employees out of a total workforce of 195 due to ‘devastating’ impact of the pandemic on air travel.

29 May 11:50 Shropshire Star 3480199991828270425.html
Belfast International Airport announces voluntary redundancy programme

It is estimated to lose 45 employees out of a total workforce of 195 due to ‘devastating’ impact of the pandemic on air travel.

29 May 11:52 Jersey Evening Post 6141642773909851481.html
Delhi HC restrains Quikr, Olx from publishing ads related to Reliance, Jio

29 May 11:38 1 article

Delhi HC restrains Quikr, Olx from publishing ads related to Reliance, Jio

Defendant's web portal enables consumers to publish advertisements for selling and offering goods and services for a consideration

29 May 11:38 Business-Standard 1502508926566117200.html
Coronavirus: New mortgage holiday should affect credit record, says Nationwide boss

29 May 11:11 1 article

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
Norway plans $369 million green industry investments

29 May 11:40 1 article

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
UK’s Project Birch revives age-old problem of ‘picking winners’

29 May 11:58 1 article

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
10 things you need to know before the opening bell

29 May 11:52 1 article

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
Funds recommend keeping equity allocations on hold at 7-month low: Poll

29 May 11:20 1 article

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
Citi indicator sees 70% chance of market losses from here

29 May 11:44 1 article

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
Job-seekers targeted in upfront fee scam

29 May 11:05 1 article

Job-seekers targeted in upfront fee scam

Recruitment firm claimed farm workers needed criminal background checks

29 May 11:05 mirror 675785261454676516.html
Decoding the Stock Market: The Vocabulary of Volatility

29 May 11:03 1 article

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
Brexit Boost: Nissan Backs Britain as It Pulls out of EU

29 May 11:06 1 article

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
COVID-19 Watch: Hotels, airlines look for new revenue streams, hold on to cash to tide over liquidity crunch

29 May 11:41 1 article

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
Amazon in talks for new Dublin office even as virus hits

29 May 11:56 1 article

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
Total shareholders reject motion to boost climate credentials

29 May 11:23 1 article

Total shareholders reject motion to boost climate credentials

PARIS (Reuters) - A majority of French oil major Total’s shareholders have rejected a resolution by a group of investors aimed at changing the company’s statutes to do more to meet its obligations under the 2015 Paris climate accord.

29 May 11:23 Reuters 8334514180985557213.html
TJ Maxx, Marshalls, HomeGoods expect to reopen end of June

29 May 11:07 2 articles

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
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
Consumer confidence up for first time in five months in Japan

29 May 11:49 1 article

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
Market movers: Vodafone in focus, pharma names rally; 2 stocks give sell signals

29 May 11:45 1 article

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
I am cautiously optimistic about demand revival in H2: TVS Motor CEO

29 May 11:20 1 article

I am cautiously optimistic about demand revival in H2: TVS Motor CEO

While the company expects to outdo the industry on domestic sales and exports, its capex in the current year is likely to come down substantially

29 May 11:20 Business-Standard 1502508925207422388.html
SA facing ‘hefty’ petrol price increase in June (plus diesel shortages)…

29 May 11:07 1 article

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
Elastic: Attractive Expansion Around Its Core Competencies

29 May 11:22 1 article

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
OGRA proposes Rs7.06 per litre cut in petrol price

29 May 11:02 1 article

OGRA proposes Rs7.06 per litre cut in petrol price

Recomm­endati­on in line with decrea­se in global crude prices­

29 May 11:02 The Express Tribune 1105816787910770343.html
Modi’s Rs 21 lakh cr package not enough; industry says govt needs to do this for companies to survive

29 May 11:29 1 article

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
Canopy posts $1.3-billion loss on impairment and restructuring charges; shares tumble

29 May 11:20 1 article

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

29 May 11:53 1 article

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
Wall Street Breakfast: U.S.-China Tension Ratchets Up

29 May 11:10 1 article

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
Better Buy: Magellan Midstream Partners vs. NuStar Energy

29 May 11:30 1 article

Better Buy: Magellan Midstream Partners vs. NuStar Energy

A midstream player that's changed its business or one that's stuck to its knitting? The choice isn't easy with both offering 9%+ yields.

29 May 11:30 The Motley Fool 2231313657828221659.html
Got $3,000? Here Are 3 Great Biotech Stocks to Buy Right Now

29 May 11:03 1 article

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
First Horizon National: A 6.5% Yield Your Portfolio Should Have

29 May 11:08 1 article

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
Labour ministry to provide free skills training to job seekers registered on National Career Service portal

29 May 11:11 1 article

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
Heralding a new era for agriculture

29 May 11:22 1 article

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
Learning From The Ups And Downs Of The Stock Market

29 May 11:34 1 article

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
Davines Group’s President on ‘Being There’ in Moments of Need

29 May 11:00 1 article

Davines Group’s President on ‘Being There’ in Moments of Need

Giving voice to hairdressers and beauty operators, Davide Bollati has been instrumental in getting the Italian professional industry running.

29 May 11:00 WWD 5490910668999387881.html
The daily business briefing: May 29, 2020

29 May 11:21 1 article

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
Why The S&P 500 Rebounded And Why It (Maybe) Makes Sense

29 May 11:30 1 article

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
Lidl issues warning over fraudulent competition

29 May 11:00 1 article

Lidl issues warning over fraudulent competition

The con gets people to pay to enter a fictitious contest

29 May 11:00 Wales Online 7686550516268612432.html
Debate over $600 in jobless aid to intensify as claims rise

29 May 11:14 1 article

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
Tracking Robert Karr's Joho Capital Portfolio - Q1 2020 Update

29 May 11:38 1 article

Tracking Robert Karr's Joho Capital Portfolio - Q1 2020 Update

Robert Karr's 13F portfolio value decreased from $671M to $386M this quarter. Joho Capital decreased Microsoft, Global Payments, and Floor & Decor Holdings duri

29 May 11:38 Seeking Alpha 5725634556806494052.html
Semler Scientific: High-Quality Medical Stock With Cash Flow Growth And Zero Debt

29 May 11:25 1 article

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
Film Schedule "in Flux" as San Fran Eyes Reopening After 'Tenet,' 'Mulan' Dates: Analyst

29 May 11:59 1 article

Film Schedule "in Flux" as San Fran Eyes Reopening After 'Tenet,' 'Mulan' Dates: Analyst

"Given the continued uncertainties around reopening timelines, capacity restrictions and moviegoer responses, we remain cautious on the pure-play exhibitors," says B. Riley FBR's Eric Wold.

29 May 11:59 The Hollywood Reporter 121801344148712732.html
Williams says any team sale would be to secure F1 future

29 May 11:31 1 article

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
Bitcoin Sells Off At $9.5K Ahead of Trump’s China Response; What’s Next

29 May 11:00 1 article

Bitcoin Sells Off At $9.5K Ahead of Trump’s China Response; What’s Next

Bitcoin traded lower on Friday as traders refrained from taking more significant risks amid escalating geopolitical tensions between the U.S. and China.

29 May 11:00 NewsBTC 7232133510942686038.html
A Few Safe-Haven REITs To Help You Sleep Well At Night

29 May 11:00 1 article

A Few Safe-Haven REITs To Help You Sleep Well At Night

This isn't the financial crisis. It isn't the dot.com crash before that. Nor is it the Great Depression. So, we have to treat it differently.

29 May 11:00 Seeking Alpha 5725634557303868671.html
Unique ETFs With Downside Protection | Part 1 - SWAN ETF

29 May 11:00 1 article

Unique ETFs With Downside Protection | Part 1 - SWAN ETF

SWAN ETF is a means of participating in the upside of the S&P 500 (not by 100%) while limiting your downside significantly. Think of this as a treasury fund wit

29 May 11:00 Seeking Alpha 5725634557297501791.html
Singapore says Malaysia wants further deferral of joint rail project

29 May 11:33 1 article

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
COVID-19: Planning For Major Projects At NZ’s Largest Industrial & Residential Development Underway

29 May 11:22 1 article

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
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

29 May 11:50 1 article

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
New Otago Community Trust Chair Appointed

29 May 11:02 1 article

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
AMD Stock May Look Weak, but There’s Still Lots of Opportunity

29 May 11:17 1 article

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
Pradhan envisages home delivery of petrol, CNG

29 May 11:55 1 article

Pradhan envisages home delivery of petrol, CNG

“The government has already started mobile dispensers for diesel.”

29 May 11:55 The Hindu 6679535024984439283.html
In Boom-and-Bust San Francisco, Pandemic Brings Grim New Reality

29 May 11:00 1 article

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
Marathon Oil Stock Will Continue to Limp Along as the Pandemic Continues

29 May 11:48 1 article

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
Iput secures €200m in ‘green finance’ for delivery of new LinkedIn HQ

29 May 11:15 1 article

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
Lax reporting of wage subsidy audits will encourage fraud

29 May 11:45 1 article

Lax reporting of wage subsidy audits will encourage fraud

The Government’s lax approach to monitoring wrongful wage subsidy claims sends a dangerous message, says the New Zealand Taxpayers’ Union.

29 May 11:45 SCOOP 5315658999280392421.html
Canopy Growth Stock Is Still Among the Most Compelling Marijuana Plays

29 May 11:39 1 article

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
SkipTheDishes has seen an 89 percent jump in new restaurants during the COVID-19 pandemic

29 May 11:02 1 article

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
Expect demand to start picking up post Diwali: Nitin Jain

29 May 11:35 1 article

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
Goldfinch acquires 80% of Vesta for $125 million

29 May 11:33 1 article

Goldfinch acquires 80% of Vesta for $125 million

Venture capital firm Goldfinch Partners has spent $125 million to acquire an 80% stake in fraud protection and e-commerce payments outfit Vesta.

29 May 11:33 Finextra 6000504749225266267.html
AUD/USD trades at fresh session highs near 0.6660 ahead of key US data

29 May 11:55 1 article

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
When is the Canadian GDP report and how could it affect USD/CAD?

29 May 11:36 1 article

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
BharatPe’s card-accepting machinewith zero MDR may go live in June

29 May 11:03 1 article

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
Here Comes The Great Coronavirus Depression

29 May 11:10 1 article

Here Comes The Great Coronavirus Depression

by Nomi Prins

29 May 11:10 SCOOP 5315658999246876309.html
GSMA, O-RAN Alliance join-up as operators tipped to jump on tech

29 May 11:31 1 article

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

29 May 11:08 1 article

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
'McLovin it': McDonald's to reopen East Kilbride drive-thrus next week

29 May 11:29 1 article

'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
PruPay Building Text-Based Payments System with PayPal

29 May 11:02 1 article

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
Asia’s pension reforms call for a multi-pillar approach

29 May 11:00 1 article

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
Boyd Gaming: Vegas Locals Market Spurt Will Drive Faster Recovery Than Strip After June 4th Reopening

29 May 11:19 1 article

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
World Bank lends Philippines US$500m to counter virus impact

29 May 11:13 1 article

World Bank lends Philippines US$500m to counter virus impact

MANILA, May 29 — The World Bank Group approved a US$500 million (RM2.2 billion) loan for the Philippines to help it cope with the economic impact of the novel coronavirus pandemic, the Bank said today. The Philippine government will begin easing from June 1 one of the world’s toughest and...

29 May 11:13 Malaymail 302165934961496191.html
TMX Group: A Consistently Growing Dividend

29 May 11:35 1 article

TMX Group: A Consistently Growing Dividend

TMX Group operates the Toronto Stock Exchange and the TSX Venture Exchange. Higher volatility levels should result in a strong Q2 (on the back of an improved Q1

29 May 11:35 Seeking Alpha 5725634557828499769.html
Portugal’s once-booming tourism collapses due to coronavirus

29 May 11:38 1 article

Portugal’s once-booming tourism collapses due to coronavirus

LISBON, May 29 — Portugal’s once-booming tourism sector collapsed in April as lockdowns to contain the spread of the coronavirus grounded flights and kept visitors from the country’s largest market Britain away. The National Statistics Institute (INE) said in its flash estimate today the...

29 May 11:38 Malaymail 302165936417785833.html
Stop and Shop extends 10% pay bump for hourly workers

29 May 11:16 1 article

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
EUR/CHF: Base completed with next resistance at 1.0710/17 – Credit Suisse

29 May 11:23 1 article

EUR/CHF: Base completed with next resistance at 1.0710/17 – Credit Suisse

The EUR/CHF short-term trend has accelerated to the upside, with key resistance seen at 1.0710/17, ahead of 1.0772/88, per Credit Suisse. See: EUR/CHF

29 May 11:23 FXStreet 4480975639322640223.html
GSMA finds traffic surge isn’t harming environment

29 May 11:28 1 article

GSMA finds traffic surge isn’t harming environment

Network traffic increases during Covid-19 (coronavirus) lockdown measures did not lead to huge spikes in ...

29 May 11:28 Mobile World Live 2109488009691154051.html
7 5G Stocks to Buy for the Future of Telecom

29 May 11:50 1 article

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
EUR/JPY Price Analysis: Scope for a test of 121.00

29 May 11:36 1 article

EUR/JPY Price Analysis: Scope for a test of 121.00

The march north in EUR/JPY remains unabated and it has already left behind the 119.00 yardstick. The cross is now flirting with the key 4-month resist

29 May 11:36 FXStreet 4480975638185449385.html
Mah Sing’s Q1 net profit falls to RM30.07m

29 May 11:03 1 article

Mah Sing’s Q1 net profit falls to RM30.07m

KUALA LUMPUR, May 29 — Mah Sing Group Bhd’s net profit in the first quarter ended March 31, 2020 (Q1 2020) fell to RM30.07 million from RM55.01 million in the same period last year. Revenue declined to RM371.13 million from RM450.33 million previously. In a filing with Bursa Malaysia today, Mah...

29 May 11:03 Malaymail 302165935627733396.html
Madras High Court slaps notices to Franklin Templeton MF, Sebi, says Investors Group

29 May 11:02 1 article

Madras High Court slaps notices to Franklin Templeton MF, Sebi, says Investors Group

29 May 11:02 Free Press Journal 9080771786911147082.html
Mastercard Debuts COVID-Recovery Data Tools For Business, Gov’t

29 May 11:01 1 article

Mastercard Debuts COVID-Recovery Data Tools For Business, Gov’t

Mastercard is offering its data insight tools to businesses and governmental bodies looking to try and assess how to move out of the pandemic.

29 May 11:01 PYMNTS.com 7357138826553410563.html
Uber Says AB5 Could Cost 158,000 Drivers Their Jobs

29 May 11:15 1 article

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
Cruise ship ban extended, effectively scuttling season in Greater Victoria

29 May 11:03 1 article

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
Pound-to-New Zealand Dollar Rate Breaking Down into New Lower Range, but Nears Support

29 May 11:01 1 article

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
Najib Denies Using An Israeli Company To Spy On Civilians And Opposition

29 May 11:41 1 article

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
EU's De Rynck: No appetite on EU side to revise mandate on fisheries

29 May 11:32 1 article

EU's De Rynck: No appetite on EU side to revise mandate on fisheries

"It is a tall order to get an agreement on fisheries by the deadline," Stefaan De Rynck, senior advisor of Michel Barnier, Chief EU Negotiator for Bre

29 May 11:32 FXStreet 4480975638294715703.html
Credit guarantee scheme: No immediate 100% payments to banks if MSMEs default

29 May 11:37 1 article

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
Ringgit higher against US dollar on improved global sentiment

29 May 11:27 1 article

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
Circor: 1Q Earnings Snapshot

29 May 11:11 1 article

Circor: 1Q Earnings Snapshot

BURLINGTON, Mass. (AP) _ Circor International Inc. (CIR) on Friday reported a loss of $78.9 million in its first quarter.

29 May 11:11 680News 8014034333863259923.html
P2P Lender Archover to Begin Offering New Secured Lending Again, According to Charlotte Marsh, MD at ArchOver

29 May 11:41 1 article

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
Faster Malaysia-Singapore entry permit vetting during MCO with myPASS

29 May 11:07 1 article

Faster Malaysia-Singapore entry permit vetting during MCO with myPASS

JOHOR BARU, May 29 — The Malaysian Entry Permit Application System (myPASS), a new dedicated web-based application system, is expected to deliver faster and easier processing of entry permit applications by eligible travellers from Singapore to Malaysia during the movement control order (MCO). In...

29 May 11:07 Malaymail 302165936527734944.html
KL-Singapore High Speed Rail construction suspension extended beyond May 31

29 May 11:51 1 article

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
Feds won't mandate refunds

29 May 11:43 1 article

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
Post-Lockdown South Africa: The Virus Took Lives, The Lockdown Took Jobs

29 May 11:15 1 article

Post-Lockdown South Africa: The Virus Took Lives, The Lockdown Took Jobs

The virus took lives, the lockdown took jobs When a virus spreads, it often brings hardship as a plus one. And many South Africans are starting to feel the heat. Despite the continued rise in COVID-19 cases which have now exceeded 27,000 in South Africa, the country’s lockdown measures have been eased gradually since May 1, with the aim of ending strife by getting people back to work. But for many South Africans, there’s no work to get back to — not anymore. Apparently, there has been a flurry of job losses since the lockdown measures kicked in. Many people who were gainfully employed when the country shut down found themselves unemployed after the phased restart.  South Africa first went into a complete nationwide lockdown on March 26 and businesses began to feel the pressure almost immediately. Despite palliatives and fiscal stimulus from the government, many businesses have been unable to avoid the bloodbath that has seen many workers lose their jobs.

29 May 11:15 WeeTracker 6939661659923866788.html
South African Airways administrators seek more time for rescue plan

29 May 11:18 1 article

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
Output of eight infrastructure sectors contracts by 38.1% in April

29 May 11:51 1 article

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
New York gold traders are drowning in a glut they helped create

29 May 11:12 1 article

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
Lockdown 4.0 May Be Last Of Its Kind; Economic Revival Is Now Everybody’s Priority

29 May 11:48 1 article

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
What’s up with the housing market in the pandemic

29 May 11:30 1 article

What’s up with the housing market in the pandemic

For house hunters wondering whether the coronavirus crisis might lead to a better deal on an upcoming purchase, there’s some bad news: probably not, at least not right now.

29 May 11:30 Msn 1509165514155181452.html
Renault to cut 15,000 jobs, save RM9.7 billion by 2024

29 May 11:16 1 article

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
Warner Music IPO aims to strike a chord in ‘Six Feet Apart’ era

29 May 11:12 1 article

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
UK Seizing £150 Million From Dormant Accounts Proves Why We Need Bitcoin

29 May 11:46 1 article

UK Seizing £150 Million From Dormant Accounts Proves Why We Need Bitcoin

Less than a week ago, the Government of the United Kingdom ‘unlocked’ £150 million from dormant accounts to help tackle the coronavirus pandemic. While it

29 May 11:46 CryptoPotato 7087008390469709366.html
Road User Charges from 1 July 2020 - NZ Post

29 May 11:49 1 article

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
This telco stock has doubled in two months; eyes fresh highs

29 May 11:11 1 article

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
Coronavirus impact: Output in eight core industries declines 38% in April

29 May 11:54 1 article

Coronavirus impact: Output in eight core industries declines 38% in April

All eight core sectors reported massive decline in production during April, with coronavirus-mandated lockdowns in place. Cement and steel reported the biggest losses in output at 86 per cent and 83.9 per cent, respectively

29 May 11:54 Business Today 1145527431377329959.html
High-end specialist Metronome launches 'affordable' Le Player 3 CD player

29 May 11:43 1 article

High-end specialist Metronome launches 'affordable' Le Player 3 CD player

But is Le Player 3 magnifique?

29 May 11:43 What Hi-Fi? 8840770922113528765.html
Sensex rebounds 224 points from day's low, Nifty at 9,580; ONGC top gainer, jumps over 5%

29 May 11:10 1 article

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
Nissan unveils four-year transformation plan – to cut production by 20%, reduce model range, focus on EVs

29 May 11:06 1 article

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
Franklin Templeton’s legal troubles rise as Madras HC issues notice

29 May 11:20 1 article

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
Trafford Council lends Manchester Airport nearly £13m as part of major loan package

29 May 11:29 1 article

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
ICYMI: You will now pay stamp duty on ATM printouts, some WhatsApp messages, says FIRS

29 May 11:47 1 article

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
Wenzel and Nikon Metrology enter distribution partnership

29 May 11:38 1 article

Wenzel and Nikon Metrology enter distribution partnership

The distribution agreement between Nikon Metrology Europe and Wenzel sees two of the biggest global players for metrology create a new partnership.

29 May 11:38 Aerospace Manufacturing Magazine 3920112958080702802.html
VISI 2021 launches

29 May 11:17 1 article

VISI 2021 launches

A raft of new and enhanced functionality features in VISI 2021 – the latest release of Hexagon’s specialist mould and die CAD/CAM software.

29 May 11:17 Aerospace Manufacturing Magazine 3920112959090390876.html
UV lighting treatment for transportation

29 May 11:24 1 article

UV lighting treatment for transportation

The air travel industry has faced many challenges due to Covid-19 and is currently scrambling to find ways to make air travel safe again.

29 May 11:24 Aerospace Manufacturing Magazine 3920112957871124336.html