Economy 482
Letters for Nov. 29
Don’t speed and you won’t payRe: Police chief opposed to nixing photo radar, Nov. 27I have been caught speeding by photo radar more than once. Guess what? I was speeding.Reviewing photo radar on th…
An erupting volcano in Mexico forced KLM passengers to take an 11-hour flight from Amsterdam to ... Amsterdam
Passengers travelling on a KLM flight on Thursday were forced to endure an 11-hour journey that ended with them being dropped them off exactly where they started because of an erupting volcano.
India quarterly growth falls to worst level in six years
India's economy grew at its slowest pace in more than six years in the July-September period, down to 4.5 percent from 7.0 percent a year ago, according to government figures released Friday that piled more pressure on Prime Minister Narendra Modi.
Surge of activity in Auckland investment market - Colliers
A strong surge in activity over the last two months has contributed to a record year across all four offices that make up Colliers International’s Auckland Investment Sales team.
Daily Mail owner buys i newspaper for £50m
DMGT buys the newspaper from JPI Media, which took over Johnston Press last year.
Unlocked LG Stylo 5 Smartphone For $159 – Amazon Black Friday 2019 Deals
Amazon has the LG Stylo 5 unlocked Android smartphone on sale for just $159 today. Allowing you to save 47-percent on this device. As it is normally $299.
AmBank Group to disburse up to RM6b of loans in 2H 2020
KUALA LUMPUR, Nov 29 — AMMB Holdings Bhd (AmBank Group) targets to disburse up to RM6 billion in loans in the second half of its financial year ending March 31, 2020 (H2 2020), driven by the current positive sentiment in the industry’s loan growth segment. Chief executive officer Datuk Sulaiman...
Slow Q2 GDP growth: Weak credit, manufacturing need fixing, say experts
The rate of economic expansion was the lowest in more than six years; it slipped from 5 per cent in Q1 this year and 7.1 per cent in Q2 of FY19
Proposed EU-wide 'climate law' would set net-zero carbon target by 2050
Plan is part of ‘green new deal’ but campaigners say it is not enough to tackle climate crisis
Our fear of China is not loathing
Australia's leaders are right to keep their cool on China, but they must respond to the regime's intrusions into our democratic and other institutions.
Vegetable vendors in Vijayapura to resume trade
They have been protesting against eviction of hawkers from the Nehru Market Lane
India's Q2 GDP growth dips to over 6-yr low of 4.5%; manufacturing weighs
This GDP growth data for the September 2019 quarter is the lowest since January-March of 2012-13, when it was registered at 4.3%
Saudi Aramco IPO received $44.3 billion in bids so far: Samba Capital
The state-owned oil giant plans to sell 1.5% of the company's shares for as much as 96 billion riyals ($25.6 billion), a deal which would give it a market value of $1.7 trillion
India’s economic growth cools to six-year low
Slowdown in rate of expansion is latest sign of deepening gloom
Good Weekend's Who Mattered 2019: Business
The corporate heavyweights speaking up on social issues: Atlassian boss Mike Cannon-Brookes, Qantas head Alan Joyce and retiring BHP CEO Andrew Mackenzie. Plus: our whistleblowers, and Melanie Perkins.
Minister: Malaysian film industry in for better times following co-production agreement with Australia
PUTRAJAYA, Nov 29 — The Malaysian film industry is in for better times following the signing of a co-production agreement between Malaysia and Australia in Sydney today. Communications and Multimedia Minister Gobind Singh Deo said that with the signing of the agreement, Malaysian productions will...
The Government Has Not Educated The Public Enough About The Importance Of The Year Of Return – Shatta Wale
Multiple Award-winning Dancehall artist Shatta Wale has taken a swipe at the government’s for failing to educate the public on their “Year of Return” initiative. According to Shatta Wale, most Ghanaians are clueless about the initiative and he blames the government for not doing enough to educate citizens on the rationale behind the campaign. “We […]
Gold price drop triggers heavy buying in India; demand wanes in other hubs
Dealers were charging a premium of up to $1.5 an ounce over official domestic prices this week, compared with a discount of $3 last week
Tesla Expands Its Australian Megabattery Empire
The world's biggest battery is about to get 50% bigger (and could double again).
[Rant] OK Google, we need to talk about the Pixel 4
I’ve been ruminating on this for a while now, probably since the Pixel 4 launch back in October, in fact. I liked the Pixel 3 XL from 2018 but felt disappointed that Google only gave it 4GB o…
Lion Industries posts fourth straight quarterly loss of RM110.6m
KUALA LUMPUR (Nov 29): Lion Industries Bhd reported a net loss of RM110.62 million for the first quarter ended Sept 30, 2019 (1QFY20) versus a net profit of RM19 million a year ago, including a lower margin of its steel division, and higher loss from associated companies and joint ventures.This marks its fourth consecutive quarterly loss.As a result, it registered a loss per share of 16.25 sen from 2.79 sen for 1QFY19, Lion Industries said in a filing with
Statistics Canada reports pace of economic growth slowed in third quarter
Statistics Canada says the pace of economic growth in Canada slowed in the third quarter.
Taco Bell accelerates rollout despite Mexican stand-off
Fast-food giant Collins Foods will open its first Victorian Taco Bell restaurants in Hawthorn and South Yarra.
Q2 GDP, core sector data may push RBI to cut rates in December: economists
The GDP growth rate for Q2FY20 was in line with the market expectation at 4.5 per cent, says Deepthi Mary Mathew, economist, Geojit Financial Services
Canada: Economy grew at annualized rate of 1.3% in Q3 vs. 1.2% expected
The Canadian economy expanded 1.3% on a yearly basis in the third quarter supported by higher household spending and business investment, the data pub
Lufthansa: German airline not open to Qatar investment
DUBAI: Saudi Arabian and international investors have subscribed to the initial public offering of Saudi Aramco in huge numbers, with demand for shares in the world’s most profitable company exceeding the number of shares on offer. Financial advisers to the biggest IPO in history announced that bids to the value of $44.3bn (166.275bn riyals) have been received in total from
Woman calls cops on black UPS driver because "walking around with a bunch of packages" makes her "nervous"
In this video posted to instagram, a woman calls the cops on a UPS driver because “I don’t understand why you’re walking around with a bunch of packages”. This woman legit c…
India quarterly growth falls to worst level in six years
India's economy grew at its slowest pace in more than six years in the July-September period, down to 4.5 percent from 7.0 percent a year ago, according to government figures released Friday that piled more pressure on Prime Minister Narendra Modi.
WHOA! Post Ranbir Kapoor, Now Kangana Ranaut Confesses To Have A Secret Social Media Account!
Kangana Ranaut is well known for her audacious statements and never shies away from expressing her views. Be it supporting the policies of Prime Minister Narendra Modi led government or bashing Bollyw
Canada's GDP growth slows in third quarter
The pace of economic growth in Canada slowed in the third quarter, boosted by higher business investment and increased household spending, but weighed down by a drop in exports, Statistics Canada said Friday.
Good Weekend's Who Mattered 2019: Health
Joe Ibrahim: the geriatric medicine specialist exposing the "astonishing" truth behind some nursing-home deaths. Plus: David Caldicott and Wendy McCarthy.
Elgato's 4K60 Pro is on sale for the first time ever
Elgato's Black Friday deals can help you get started streaming, or upgrade your existing setup.
Saudi Aramco IPO gets US$44.3b in bids so far, says lead manager
RIYADH, Nov 29 — Saudi Aramco has received bids for its shares totalling US$44.3 billion so far, lead manager Samba Capital said today, putting its initial public offering on track to be over-subscribed. The state-owned oil giant plans to sell 1.5 per cent of the company’s shares for as much as...
Bottles of hot sauce recalled over 'risk of explosion'
Customers are advised to immediately return the sauce.
Business licences loom for short-term online rentals in Saskatoon
The options city politicians will consider include an outright ban on renting properties not occupied by host
Duterte says he'll 'quarrel' with China if it shuts down PH power
But the Philippine leader thinks China won't do such a thing because it would damage the Asian giant's reputation and because it sees its stake in the NGCP as a business
Nalco banks on long-term raw material security for alumina, aluminium ops
Coal mining to take off in 2020, Pottangi bauxite mine to go on stream in 2023
Sensex hits 19 fresh highs in November, gains 665 points
The announcement of corporate tax reduction in the last week of September provided the much-needed trigger that lifted the market by around 4 per cent during the month and a little over 7 per cent till date
Bitcoin (BTC) Futures Markets Hit $5B Daily Volume
The Bitcoin (BTC) market has evolved to include the simplest kind of derivative financial products - futures contracts. Those markets now reach $5 billion
SC ruling on AGR will lead to telecom sector’s collapse: FICCI
Cascading effect will be felt across several other sectors too
How one valley's residents are taking fire plans into their own hands
Residents of beautiful Kangaroo Valley know the RFS won't always be able to protect them from bushfires and they aren't waiting for last-minute warnings to act.
Better Buy: Square vs. American Express
A case of the turtle and the hare?
Allbirds dropped 3 limited-edition sneakers for Black Friday — here’s your first look
Allbirds is dropping three new and limited edition styles of their Tree Runner today, November 29. They’re the first patterned runners the company has ever created.
IRR for Magna Carta of the Poor beats House deadline
The proposed implementing rules and regulations (IRR) for the Magna Carta of the Poor Act just beat the buzzer at the House of Representatives.
Lebanon Crisis Wreaks Havoc on Syria's War-Torn Economy
A financial crisis in Lebanon has hit the economy of neighbouring Syria hard, choking off a vital source of dollars and dragging the Syrian pound to record lows. Shut out of the global financial system by Western sanctions, Syria's economy has depend
Domestic traffic for Air Passengers rises by 12pc – KCAA
NAIROBI, Kenya, Oct 29-The Kenya Civil Aviation Authority says there is an increase in passenger traffic at the Jomo Kenyatta International Airport with 12 per cent growth in domestic passengers and 7.6 per cent in
The Power of Green Public Finance
Policymakers and pundits have been wringing their hands over the crises afflicting the European Union, arguing that it is falling behind in confronting major threats to its long-term survival. Yet on the issue of climate change, nothing could be further from the truth. In mid-November, EU member states demonstrated that they can unite behind a shared vision of a low-carbon future. And European institutions are already leading the fight against climate change at the global level. Among these, the European Investment Bank will now be playing an even greater role as an instrument for decarbonizing the economy and limiting global warming to well below 2°C above pre-industrial levels. Climate change is the top political issue of our time. Scientists estimate that if we remain on our current path, we will experience global warming of 3-4°C by the end of the century, at which point large portions of the planet will be uninhabitable.
India GDP growth: a six-and-a-half-year low – ANZ
Analysts at Australia and New Zealand Banking Group (ANZ) offered their take on Friday's release of Indian GDP report, which showed a further decelera
Mainstream Policy Expert Reveals How He Was Silenced On Syria: “Truth Did Not Matter”
'Narrative managers' at work from the inside of the establishment think tank world and media
UK Black Friday transactions jump 12.5pc versus 2018, says Barclaycard
LONDON, Nov 29 — The volume of Black Friday payment transactions in Britain as of 1000 GMT was up 12.5 per cent versus last year, initial data from Barclaycard showed today, bringing some cheer to UK retailers in need of a tonic after a troubled year. Barclaycard, which processes nearly one pound...
Huawei will reportedly sue the FCC over new restrictions
Last week saw the FCC approve a measure that would deny subsidies to carriers who use equipment from Huawei, ZTE, or any other “bad actors.” The FCC’s Universal Service Fund has $8.5 billion ready to subsidize carriers in making improvements…
Forget the Noise; Traders Explain Why You Should Be Long-Term Bullish on Bitcoin
Traders are bearish on bitcoin after a 53% crash. More pain may be ahead but BTC offers features that make it a good long-term investment.
Mulpha International suffers big losses, dragged down by RM315 million impairment in 3Q
KUALA LUMPUR (Nov 29): The whopping RM315.38 million impairment on its investment in an Australia-listed associate, AVEO, widened Mulpha International Bhd's net loss substantially to RM299.32 million in the third quarter ended Sept 30, 2019 (3QFY19) from RM6.65 million in the previous corresponding quarter.The hefty impairment offset the improved performance in the hospitality and property divisions, said the company in a filing with Bursa Malaysia.The company’s loss per share swelled to 93.69 sen for 3QFY19 from 2.08 sen for
Shareholders of Singapore-listed POSH told to accept takeover offer by Kuok Group
KUALA LUMPUR (Nov 29): Minority shareholders of loss-making Singapore-listed PACC Offshore Services Holdings Ltd (POSH) have been advised to accept the voluntary conditional cash offer of S$0.215 by the Kuok Group, through its investment vehicle Quetzal Capital Pte Ltd.In a letter to the recommending directors in respect to the offer, independent financial adviser Provenance Capital Pte Ltd said the offer presents shareholders with a cash exit opportunity to realise their entire investment in the shares at a fixed price
Tax benefits for traders as CBDT approves NSE's commodity derivatives
Exchange gets 'Recognised Association' status, due to which participants can set off losses in commodity derivatives against business gains
Enphase: All Cats Love Fish But Fear To Wet Their Paws
Enphase Energy surprised us with victories it made this year. Revenue and operating income broke all records.The company offers us unprecedented growth, progressive technology of solar energy inversio
Greater balance in Christchurch industrial sector - Colliers
Christchurch’s industrial sector is recalibrating to a more balanced demand and supply profile, as construction activity dips slightly and local businesses expand and absorb existing space.
[Rant] OK Google, we need to talk about the Pixel 4
I’ve been ruminating on this for a while now, probably since the Pixel 4 launch back in October, in fact. I liked the Pixel 3 XL from 2018 but felt disappointed that Google only gave it 4GB o…
Luna Display Black Friday deals are here
With Luna you can turn your Mac or iPad into a second display. The only hardware solution that does this is now available for 30% off through Monday, December 2.
Good Weekend's Who Mattered 2019: Health
Joe Ibrahim: the geriatric medicine specialist exposing the "astonishing" truth behind some nursing-home deaths. Plus: David Caldicott and Wendy McCarthy.
Global funds raise stock allocations at the expense of cash: Reuters poll
BENGALURU (Reuters) - Global funds recommended switching cash back into equities in November as stocks worldwide rose to near record highs despite a lack of clarity over how, when, or if a truce will be called on the damaging U.S.-China trade war, a Reuters poll showed.
ET View: Time to boost demand, forget the fiscal deficit target
The time has come for the government to shed its obsession about fiscal deficit targets and borrow more from the market, both to compensate the states for their shortfall in GST collections and to meet its own expenditure commitments. India still has deep reserves of economic resilience and it is necessary to avoid any self-defeating talk of recession.
Rise of the machines: Why Australia's miners are racing for automation
An aerial picture from Jimblebar, one of BHP's biggest mines in the Pilbara, sums up its push to cut costs and increase productivity as iron ore demand falls.
Debt ETFs/index funds to have minimum of 8 issuers: Sebi
If a credit rating falls below the investment grade, rebalancing by Debt ETFs/index funds will be done within five working days.
CEA Subramanian sees GDP picking up in Q3, says fundamentals remain strong
India's economic growth slowed to 4.5 per cent in the September quarter from 7.1 per cent in the corresponding period of last year
Beer suds to soap suds: waste alcohol finds use in green detergent
LEUVEN, Belgium (Reuters) - The next time you wash your dishes, you could find yourself up to your elbows in soap suds spiked with leftover alcohol, if the world’s largest brewer and a environmentally friendly detergent firm have their way.
Michaela McAreavey's husband slams "kangaroo court" that acquitted men accused of her murder
The family of Irishwoman Michaela McAreavey has lashed out at the “Kangaroo court” that acqui...
RBI may go for another rate cut as GDP slows to more than 6-year low
Analysts expect the MPC slashing interest rates by 25 basis points (bps), along with a marginal cut in gross domestic product (GDP) growth forecast for FY20
Fiscal deficit hits 102% of budget estimate till October
India Business News: The country's fiscal deficit hit 102.4% of 2019-20 Budget Estimate (BE) at Rs 7.2 lakh crore at the end of October. The fiscal deficit or the gap betw
At $240, the Motorola One Action is a low-key great Black Friday deal
There is a load of Black Friday deals on smartphones, and one that you might not have on your radar is the Motorola One Action. You should change that, because for $240, it's a tremendous value.
Bulgaria Is among the Countries Which Export the most Grain
Bulgaria is one of the leading exporters of grain. Over the past year, it exported grain worth more than $ 1 billion, or a quarter of the country's total exports.
Lebanon crisis wreaks havoc on Syria's war-torn economy
AMMAN (Reuters) - A financial crisis in Lebanon has hit the economy of neighboring Syria hard, choking off a vital source of dollars and dragging the Syrian pound to record lows.
Shocking figures reveal 2019 has been the worst for hospital overcrowding with a full month left to go
The alarming figure breaks 2018's previous record with a full month left to go in the year
Sebi brings norms for debt ETFs, issuer to have less than 15% index weight
Under the norms to be adopted by all mutual fund houses, the index will have a minimum of eight issuers, rating of the constituents of the index will be investment grade
C&I Leasing gets approval to list N539 million worth rights issue
C&I Leasing Plc has obtained approval of the Securities Exchange Commission (“SEC) to open subscription of a rights issue of N539 million.
More pain for German car industry as Daimler axes 10,000 jobs
The Mercedes-Benz maker said it wanted to save 1.4 billion euros (USD 1.5 billion) in staff costs by the end of 2022 as it joins rivals in investing huge sums in the greener, smarter cars of the future. "The total number worldwide will be in the five-digits," Daimler personnel chief Wilfried Porth said in a conference call about the job cull.
Indian retailer Future's shares surge as regulator approves Amazon investment
Shares in Future Retail Ltd surged 13per cent on Friday, after India's antitrust body approved a deal that would give Amazon.com Inc a minority ...
The Google Store will now price match with online stores from Best Buy, Walmart, Target, and Amazon
It can be so frustrating when you research your next smartphone, find the best possible deal, get the phone in your hands and then see the same item available at a lower price at a different retail…
Labour raises alarm over nation’s rising debt profile
Organised Labour has raised the alarm over the nation’s rising debt profile, saying there is the urgent need for the country to give in to well...
Junk mail tips woman off that her home was stolen and sold by scammers | IOL News
The first small clue that the home Rohina Husseini owned for nearly a decade was no longer hers was a piece of junk mail that most of us ignore.
Gross Domestic Product growth falls to 4.5% in Q2 of 2019-20
The Gross Domestic Product growth fell to 4.5 per cent in the second quarter of the year 2019-20.
Oil to be stuck in a rut in 2020 as slowing demand fuels glut
Opec unlikely to opt for deeper output cuts.
The battle for the Brexit-backing north
Will Britain’s election be decided in the Labour heartlands? Matthew Engel reports
Why This Top Aerospace Stock Is Poised to Fly Higher
One of the best-performing industrial stocks of the last decade shows no signs of slowing down.
Month of rail strikes starts on Monday and will disrupt Christmas trains
Dispute is over guards on South Western Railway trains
India: Economy grew 4.5% in Q2 vs. 4.7% expected
The data published by the Ministry of Statistics on Friday revealed that the Gross Domestic Product (GDP) in India expanded by 4.5% following the %5 g
Publisher says he’s hearing interest in non-profit turn
NEW YORK — The publisher of the nation’s first daily newspaper to be granted non-profit status says he’s since heard from a “few dozen” lawyers and news executives curious about whether the Salt Lake Tribune’s approach could work elsewhere. Tribune publisher Paul Huntsman learned earlier this month that the Internal Revenue Service had approved the …
Tesla Cybertruck to Join Dubai Police Luxury Vehicle Fleet
Last week, Tesla introduced its long-awaited Cybertruck at an event in Los Angeles, followed by the launch of preorders though the start of production is not scheduled to begin until 2021 or late 2022.
BPCL Privatisation: DIPAM Appoints Deloitte As Adviser For Strategic Sale Of India’s Second Largest Oil Refiner
Some global petrochemical giants, including Saudi Aramco have expressed interest in the assets of BPCL
Mining industry is the bulwark of Ghana's development - Koney
news, story, article
Concerns that thousands spent on Jobseekers forced to do JobPath programme for a fourth time
The two private companies operating JobPath have been paid €207m.
World shares mostly slide in ‘Black Friday' retreat
BEIJING (AP) - Stock markets mostly fell Friday as investors gauged whether renewed China-U.S. tensions might lead to a "Black Friday" sell-off, and with U.S. traders largely out for a long weekend.
Rare glimpse inside derelict 300-year-old building that's up for sale
The building could be brought back into use
Kevin Greenard: Ten reasons to be cautious with Canadian equity ETFs
An ETF is a commonly used abbreviation for Exchange Traded Fund. Canada was the first country to launch an ETF in 1990 with one provider. Known as the S&P/TSX 60 Index, it essentially held the . . .
India’s economic growth falls to 4.5% in July-September quarter – the slowest in over six years
This is the sixth straight quarter of slower growth. The GDP grew just 5% in the April-June quarter.
Is Vietnam too cautious when setting economic development goals for 2020? - VietNamNet
Many economic targets set for 2020 are lower in comparison with real implemented levels.
Vice-president Iliana Iotova Discussed the Fight against the Trampling on Human Rights with the Council of Europe Commissioner for Human Rights
The talks between Vice-president Iliana Iotova and the Council of Europe Commissioner for Human Rights Dunja Mijatovic, held at 2 Dondukov street, focused on the loss of human rights people have stood up for decades on end. “I am observing a paradox – the more structures defending human rights are established, the more problems they face.
Gun sales expected to increase for Black Friday
Guns are expected to be a hot item during the holiday shopping season.
India-ASEAN FTA review: Further liberalisation of trade on agenda
ASEAN-India trade in goods agreement was signed on August 13, 2009, and entered into force on January 1, 2010
Q2 GDP: Fiscal deficit of 3.9% realistic, says Uday Kotak
The just released GDP data for the second quarter (July-September) shows that the growth has gone down to 4.5 per cent (the lowest in six years) from 5 per cent in the first quarter (April-June)
Bank of Ghana introduces higher 100 and 200 cedis denomination banknotes
news, story, article
Swift Operations Forum Europe 2019, Amsterdam - Day 2 report
With the accelerating pace of transformation in financial services, day two of SOFE 2019 explored the direction of travel financial institutions should embark on in order to thrive in this new world.
Publisher says he's hearing interest in nonprofit turn
NEW YORK (AP) - The publisher of the nation's first daily newspaper to be granted nonprofit status says he's since heard from a "few dozen" lawyers and news executives curious about whether the Salt Lake Tribune's approach could work elsewhere.
Lukoil: Solid Q3 Results Ensure High Yields
Lukoil performed better than expected in Q3 2019.I expect Lukoil to generate strong FCF in the medium term.Lukoil is one of the best quality stocks in the Russian stock market.
Despite growth in govt expenditure, GDP slowdown continues
The economic activities which registered growth of over 4.3 per cent in Q2 of 2019/20 over Q2 of 2018/19 are 'Trade, Hotels, Transport, Communication and Services related to Broadcasting' 'Financial, Real Estate and Professional Services' and 'Public Administration, Defence and other services'
Black Friday 2019: The best deals online at Amazon, Best Buy, Target, Walmart, and more stores, Business Insider - Business Insider Singapore
Business Insider - Black Friday 2019 is here. Save yourself time and enjoy those Thanksgiving leftovers by shopping our researched list of the best deals in real-time.. Read more at businessinsider.sg
Time to have ‘the talk’ with your health insurer?
It's not you, it's them. A romance always starts out hot. But the honeymoon stage doesn’t last forever, particularly when it comes to you and your health
Okowa to Revenue Board: Carry out reforms to enhance revenue generation
Delta Governor, Senator (Dr.) Ifeanyi Okowa, has charged the state’s Board of Internal Revenue to carry out reforms that would enhance revenuet.
Asian shares slide on weak Japan data; US markets closed
BEIJING — Shares extended losses in Asia on Friday after Japan and South Korea reported weak manufacturing data that suggest a worsening toll from trade tensions.
What Racial Discrimination Will Look Like in 2060
As biracial people become increasingly common in America, bias based on perceived rather than actual identity will too
GDP growth slumps to 6-year low of 4.5% during July-September
Dragged by dip in consumption and exports
PICS | Grisly discovery: Eastern Cape farmer finds 18 sheep carcasses on his fence
A livestock farmer from Cathcart in the Eastern Cape has made a grisly discovery after he found that 18 of his sheep had been killed, gutted and hung on a barbed wire fence.
Where to find the cheapest Apple iPad deals on Black Friday 2019
You can get a brand new iPad for as little as £284 with a handy voucher code
India's Sep-quarter GDP growth slips to 4.5%, the lowest in over six years
Q2 growth numbers fell, in line with economists' expectations, mainly on account of a weak manufacturing, falling consumer demand and private investment, and a drop in exports due to a global slowdown
Daimler to cut ‘thousands’ of jobs by 2022 to fund electric shift
Frankfurt am Main, Germany | AFP | Luxury automaker Daimler on Friday said it was scrapping “thousands” of jobs to help fund the switch to electric vehicles, in the latest layoffs to hit the stuttering German car industry. The Mercedes-Benz maker said it wanted to save 1.4 billion euros ($1.5 billion) in staff costs as …
Malaysians are an extremely worried lot, says a survey
Malaysians are an extremely worried lot, says a survey
Japanese fashion tycoon Maezawa shows off $900 million SoftBank payday
TOKYO (Reuters) - Japan’s Yusaku Maezawa on Friday posted footage of a $900 million payday for the fashion magnate following his sale of a stake in Zozo Inc, the online fashion retailer he founded, to SoftBank Group Corp.
CM Uddhav Thackeray puts construction of car shed in Aarey forest on hold
CM Uddhav Thackeray said that while the work on Mumbai metro will continue, car shed construction will be reviewed by the concerned department.
‘Winter is coming’: Synergy, transformation crucial for growth, says BI
Reiterating the President's notable Game of Thrones analogy, the Bank Indonesia governor stressed that structural transformation was vital to facing the coming "winter" in the global economy.
Briefly on farming and agribusiness
From around the country, a collection of brief news on developments in farming and agribusiness
Equities Slip While Investors Mark Time
The eurozone reported its preliminary estimate for November CPI rose more than expected.Germany surprised by a decline in November unemployment queues, which slimmed by 16k.The euro is stuck near its
Will Britain Lease Its New Aircraft Carriers to the U.S. Navy?
To offset a shrinking defense budget, the British military is considering whether to lease a carrier to the Americans, according to British media. The instigator of the scheme? The British Army,
Man jailed for crossbow murder of pregnant ex-wife
Ramanodge Unmathallegadoo shot Sana Muhammad at her home in east London last year
PIMCO Enhanced Short Maturity Active ETF: A 'Better Than Cash' Alternative
MINT is a low-risk bond-based exchange-traded fund with a focus on capital preservation and liquidity while offering yields above Treasuries through a monthly dividend.Actively managed strategy is uni
Democrats are running into Trump's economic buzzsaw
If you're a president who promised to make America great again, and the unemployment rate falls to its lowest level since the early 1950s, it looks like you're making American great again
The Razer Kiyo streaming webcam is $40 off on Amazon right now
One of the best-value webcams is now even better value.
Publisher says he’s hearing interest in non-profit turn
NEW YORK - Utah’s Salt Lake Tribune is taking an intriguing approach toward survival by successfully petitioning the IRS to let it become a non-profit. That
South Korea cuts growth forecast to lowest in decade
SEOUL: South Korea's central bank on Friday (Nov 29) cut its growth forecast for this year to 2 per cent, which would be the weakest rate in a ...
Yesterdaze: Tough on grease, strong on gangs
Simon Bridges has ditched the greased-up look for a Trump-type bouffant, and that's not the only Trumpian tack he's taking. James Elliott on the news of the week. My recommended read of the week was a piece by broadcaster-turned-lawyer Linda Clark, published here at Newsroom. It was a plea for the continued civility, relatively speaking, in New Zealand’s public discourse. It comes at a time when politics around the world has become infected with division, anger and tribalism, the symptoms of a “polarising virus” that began with patient zero, Donald Trump. As New Zealand starts to look ahead to a general election in 2020, Linda makes a reasonable request as to how we should respond to the political positioning and posturing that lies ahead: “If it looks even a bit like Trump, or if it sounds even a bit like something Trump would say, press delete.” Enter Simon Bridges and National’s new law and order policy – tough on the worst youth offenders, tough on murderers and especially tough on gangs.
'My wallet or my health': Saskatchewan patients call for insulin pump funding
"This sounds weird, but I really don't have a Plan B if it fails," he admitted. "I don't know what I'd do."
World shares mostly slide in ‘Black Friday' retreat
BEIJING (AP) - Stock markets mostly fell Friday as investors gauged whether renewed China-U.S. tensions might lead to a Black Friday sell-off, and with U.S. traders largely out for a long weekend.
Why Bitcoin Price May Soon Jump 15% to $8,500: Trader Who Foresaw Decline to $6,600
It may have been Thanksgiving on Thursday, but Bitcoin (BTC) held its ground, managing to make a number of key time frame closes above the key $7,400
Dayton traffic from the WHIO Traffic Center
Check this page for a full list of crashes, disabled vehicles, construction projects and other hazards affecting your commute.
Most Read articles – Panasonic exit, Intel Connectivity, RISC-V relocation
Time once again to see what are the five most popular articles on ElectronicsWeekly.com that were written in the last week, according to the objective truth of Google Analytics. See what your peers have been reading recently.
ECB Board nominee Panetta calls for an accommodative monetary policy
Inflation outlook seems to fall short of the European Central Bank's (ECB) Governing Council’s inflation aim of below but close to 2%, noted Fabio Pan
More pain for German car industry as Daimler axes 10,000 jobs
Luxury automaker Daimler said Friday it would scrap at least 10,000 jobs worldwide, the latest in a wave of layoffs to hit the stuttering German car industry as it battles with a costly switch to electric.
Finance Ministry: No change in RON97, RON95, diesel retail prices Nov 30-Dec 6
KUALA LUMPUR, Nov 29 — The Finance Ministry (MoF) today announced the retail price of RON97 petrol stayed at RM2.66 per litre while RON95 petrol and diesel will remain at RM2.08 and RM2.18 per litre respectively for the period November 30 to December 6. MoF in a statement issued today, announced...
The Week's Best: Stories You May Have Missed
We know that rferl.org isn't the only website you read, and it's possible that you may have missed some of our most interesting journalism from the past week.
Full extent of Shropshire maternity scandal 'may never be known'
The full extent of the maternity scandal at Shropshire's major hospitals may never be known, according to the senior midwife leading the independent inquiry.
Protests and bank borks meddle with Black Friday retail nirvana
Friday I'm in debt
Wettest monsoon in 25 years could lift 2020 wheat output to a record high
India received monsoon rains during the June-September season that were 10 per cent above average
‘Don’t be fooled by these expensive looking slay queens!’-Tatelicious blasts Pokello after being spotted shopping at cheap Chinese flea market
Tatelicious blasts Pokello after being spotted shoppingcheap Chinese flea market. Social media influencer Tatelicious Karigambe-Sandberg
Black Friday sparks worldwide backlash from politicians, activists
PARIS — People don’t celebrate Thanksgiving in France, or Russia, or South Africa – but they do shop on Black Friday. The U.S. sales phenomenon has spread to retailers across the world in
UTB announces 2020 Tourism Expo with focus on Intra-Africa travel
As Uganda moves to a position as a premier tourist destination, Uganda Tourism Board (UTB) is set to host the 5th annual Pearl of Africa Tourism Expo (POATE 2020). POATE is a tourism and travel trade exhibition which brings together regional and international tour operators, travel agents, destination agencies and various players in the tourism trade to network and facilitate tourism business. The three-day expo will run from 4-6 February 2020 and will be held at the Speke Resort in Munyonyo. POATE 2020 will integrate business to business (B2B) and business to consumer (B2C) trade event format under the theme “Inspiring high-value engagement to promote intra-Africa travel for leisure, business and adventure”, aimed at raising Uganda’s profile as a preferred destination in the region and internationally. Launching the event, State Minister for Tourism Wildlife and Antiquities Godfrey Kiwanda noted the board’s focus on Intra- Africa travel.
Economic Crisis: GDP Growth Falls to 4.5% in July to September, Lowest in More Than 6 Years
India was the world’s fastest-growing economy until last year, posting quarterly growth rates of as high of 9.4% in 2016.
Euro-Dollar Gets No Joy from Inflation Gains as German Politics and U.S. Tariff Threat Loom
The Euro vs the Dollar - Latest Exchange Rate News and Forecasts on the Euro Dollar Currency Pair Today
Donohoe responds to corporation tax warnings
Ireland will have to prepare for a fall in lucrative corporation taxes in the coming years, the Finance Minister admits.
Rupee slips 12 paise to 71.74 against US dollar ahead of GDP data
On a weekly basis, the domestic unit has lost 3 paise.
America Cannot Afford to Lose the Technology Race to China
What can be done?
Daily Mail owner buys i as UK regional market consolidates
DMGT to pay £50m for national daily that belongs to indebted JPI Media
Sweden-based Online Payments Firm Klarna Reportedly Onboarded 60,000 Additional Merchants
Sweden-based Online payments company (and bank) Klarna reportedly became Europe’s highest valued Fintech in August 2019 with a market capitalization of around $5.5 billion. Klarna’s management stated on November 26 that it has onboarded 60,000 additional merchants worldwide in 2019, which represents an increase of about 140% from last year, when the company signed up 25,000 new customers. Klarna says the new merchants include major companies such as Abercrombie & Fitch, Expedia, H&M, River Island,
Barratt hails £250m-plus injection to Scots economy
Housebuilder Barratt Developments’ Scottish operations have delivered a £256 million boost to the economy over the past year, marking a double-digit hike on 2018.
AstraZeneca eyes early 2020 FDA verdict on Imfinzi in SCLC
The FDA has started a priority review of AstraZeneca’s immuno-oncology drug Imfinzi as a first-line treatment for small cell lung cancer (SCLC), with a decision due in the first quarter of next year.
Here’s Where to Spend Crypto Online This Black Friday
As Black Friday 2019 gets underway, what are your options for getting the best bang for your Bitcoin?
Ransomware: Big paydays and little chance of getting caught means boom time for crooks
File-encrypting malware is proving to be extremely lucrative for cyber attackers, who can continue large-scale ransomware campaigns – making hundreds of thousands of dollars – almost risk-free.
GDP growth slips to 4.5% in September quarter, slowest expansion in 26 quarters
The slump was mainly on account of a weak manufacturing and a drop in exports.
Police appeal after thieves steal a number of Apple products from Currys PC World
A number of Apple electrical products were stolen.
PM scrambles to spur growth; India braces for GDP shock
By Vrishti Beniwal The bad news is getting worse for India’s economy and Prime Minister Narendra Modi is exhausting all options to stem the fallout. Data on Friday will likely show the economy had
Panguru wins new colour coded recycling bins
Te Kura Taumata o Panguru School has today been awarded a set of colour coded recycling and rubbish bins as winners of a national competition to help communities around Aotearoea combat litter and increase recycling.
Shafie leverages on Sabah’s geographic location to lure Japanese investors
KOTA KINABALU, Nov 29 — Sabah Chief Minister Datuk Seri Mohd Shafie Apdal began the first leg of his trade mission in Japan today addressing 200 investors and businessmen from 140 companies in Kobe, Japan by spelling out investment opportunities available in Sabah. He delivered the keynote...
Update: Intel Reportedly Taps Samsung To Produce Supply Constrained Desktop CPUs
A new well-timed report coming out of South Korea is claiming that Samsung will produce desktop processors for Intel.
What if a Progressive President Cut U.S. Defense Spending Dramatically?
What would the United States need to do to significantly cut its defense budget? The question is complicated, and the answers are difficult.
GDP growth plunges to 4.5%, lowest since 2012
Official says fundamentals are strong, numbers will pick up.
Editorial: Saskatchewan needs to tackle obesity
The high rate of obesity in the province should be the topic of conversation and of action.
Judge rules Mahindra Roxor similar to Jeep, violates Fiat Chrysler's Jeep trade
FCA has further filed counterclaim before the Eastern District Court of Michigan for permanently ceasing the sales of Roxor in the states
India's GDP Growth Drops To 4.5%, Lowest In 26 Quarters
The data comes two days after Nirmala Sitharam on Wednesday quelled fears about the Indian economy going into recession.
This LG G8 deal is the best price you'll find for a Snapdragon 855 flagship
Get a great deal on the Snapdragon 855 this Black Friday.
Want to take ties with India to high levels: Rajapaksa
New Sri Lankan president Gotabaya Rajapaksa wants to take his country's relationship with India to a very high level.
Crossbow killer to die in jail over ‘evil’ murder of heavily pregnant ex-wife
Ramanodge Unmathallegadoo had claimed the killing was an accident.
EE Unveils Its Actual Black Friday Deals
EE has three more Black Friday deals for you today, which is fitting because today is the big day.
Uganda asks more Asians to grab available investment opportunities
Uganda’s Vice President Edward Kiwanuka Sekandi has called upon Arab Countries mostly people from the United Arab Emirates (UAE) to rush and grab the plenty of investment opportunities that the country beholds. This was during the 5th Edition of the UAE – Uganda Trade and Investment Forum that was held at Sheraton Hotel and organized by the Sharjah Chamber of Commerce. It attracted over 22 companies from UAE who came to look for trade and investment opportunities in Uganda. Alex Onzima, a Minister of State in the Vice President’s office highlighted the need for trade performance between the two sister countries while representing the Vice President Sekandi. “We believe that what Ugandans and Africans need to develop is Trade, foreign Investments and access to markets but not Aid.
Jack Dorsey, Twitter CEO, says he’ll be relocating to Africa in 2020
Jack Dorsey, the co-founder of Twitter, says he would move to Africa for a momentary stay in 2020 as the continent would "define the future."
Publisher says he's hearing interest in nonprofit turn
NEW YORK (AP) - The publisher of the nation's first daily newspaper to be granted nonprofit status says he's since heard from a few dozen lawyers and news executives curious about whether the Salt Lake Tribune's approach could work elsewhere.
Fears for Oldbury site as Npower restructuring could cost thousands of jobs
Energy giant Npower has announced plans to restructure its UK business, leading to the loss of up to 4,500 jobs and the closure of a number of call centres.
Chinese investments in Malaysia halve, US inflow soars, new govt data reveals
KUALA LUMPUR, Nov 29 — Chinese investments into Malaysia halved to US$1.7 billion in the first nine months of the year from a year ago, though US investments soared seven times to US$5.9 billion — reflecting a diversion of funds due to the Beijing-Washington trade clashes. Data provided by the...
Gotabaya Rajapaksa's visit has potential to boost bilateral trade, investments with Sri Lanka: Assocham
"We can significantly increase our bilateral trade from the present level of about USD 7 billion. Besides, mutual investment can also flourish in a number of areas, including ports, airports, highways, metro rails, telecommunication, petroleum products and hydel power," Assocham President B K Goenka said.
EM stocks fall on trade deal doubts; Lira firms on central bank comments
BENGALURU (Nov 29): Emerging markets stocks fell on Friday on worries that a new US law backing Hong Kong protesters could hinder progress in resolving the Sino-US trade war, while comments from the Turkish central bank breathed new life into the lira.MSCI's stock index for emerging markets fell nearly 1%, extending losses to the second straight session after US President Donald Trump signed into law on Wednesday legislation that supported the protesters, a move that China said it would
Swedish economy ups pace in Q3, supports Riksbank hike plans
STOCKHOLM — Sweden’s economy accelerated slightly in the third quarter from a tough start to the year, data showed on Friday, providing some support for the central bank’s plan to increase the benchmark rate at its meeting in December.
Eurozone unemployment's falls to lowest rate since July 2008
LONDON (AP) - Unemployment across the 19-country eurozone has fallen to its lowest rate since July 2008 even though growth is cooling in the face of headwinds like the U.S.-China trade war and uncertainty related to Britain's departure from the European Union.
Pfizer, Flynn face reinstatement of £90m CMA fine
The UK’s competition regulator is pushing to reinstate a £90m fine for Pfizer and Flynn Pharma – quashed last year – over price hikes for an epilepsy drug.
QL Resources 2Q net profit up 15%
KUALA LUMPUR (Nov 29): Poultry farmer QL Resources Bhd saw its net profit rise 15.1% to RM69.68 million in its second financial quarter ended Sept 30, 2019 (2QFY20) from RM60.52 million a year ago, mainly due to higher sales from its marine product manufacturing (MPM) segment.This resulted in a higher earnings per share of 4.29 sen for 2QFY20 compared with 3.73 sen for 2QFY19.Revenue for the quarter rose 16.6% to RM1.07 billion from RM920.26 million a year ago.In a
Rupee slips 11 paise to 71.73 against USD ahead of GDP
India's economy grew at 5 per cent in the first quarter of 2019-20 -- the slowest pace in over six years.
What Japan's next stimulus package should aim for
The government's challenge will be to put together a spending package that shores up consumer spending and increases the economy's growth potential.
Vanguard International Dividend Appreciation ETF: Exposure To High-Quality Foreign Stocks
VIGI screens for non-U.S. stocks with at least a seven-year consecutive history of increasing the dividend amount.Fund has outperformed some other widely traded foreign stock ETFs in recent years.VIGI
Huawei tipped for fresh US legal fight
Huawei began preparations for a legal challenge against a US Federal Communications Commission (FCC) decision ...
Pakistan to Debut Chinese Yuan-Denominated Panda Bonds Worth $1 Billion
New Delhi (Sputnik): China’s Panda Bonds are onshore products that help international borrowers to explore domestic yuan investors. These yuan-dominated notes are sold by non-Chinese issuers.
Rail services suspended between Sandymount and Lansdowne after vehicle damages barriers
The incident happened on Serpentine Avenue.
New regulations for gift vouchers to come into effect ahead of Christmas
New laws will give all vouchers a five-year expiry time while also meaning people won't have to spend the entirity of the balance in one transaction.
Barber shop owner fined over £1,000 for dumping business waste in bin
He had failed to listen to council inspectors
Health crisis moves from tragedy to farce
GOVERNMENT has failed to solve its impasse with medical doctors, who have withdrawn services from the country's major hospitals for 89 days today. While the cou...
How Bitcoin Miners Are Not Causing The Price Plunge
When bitcoin starts to turn south and the selloff intensifies, fingers start pointing. The crypto community wants to blame something ...
OZ Minerals to begin construction of Pedra Branca mine in Brazil
OZ Minerals has started construction of its Pedra Branca underground copper-gold mine in the southern part of the Carajás in the Pará state of Brazil.
Top headlines: Q2 GDP growth slips to 4.5%, CEA defends tax cut & more
From Mukesh Ambani becoming ninth richest on Forbes' billionaires list to PM Modi announcing $50 million assistance to Sri Lanka, Business Standard brings you the top news of the day
Lithuania crowns its first tech unicorn! Vinted, second-hand fashion marketplace, pockets €128 million and secures €1 billion valuation
Vinted, a social marketplace for pre-loved clothing, has taken the spot as Lithuania’s first tech unicorn, after raising a stellar €128 million. The funding round was led by new investor Lightspeed Venture Partners, with participation from existing backers including Sprints Capital, Insight Venture Partners, Accel and Burda Principal Investments. Funds will be used to boost product development and rocket rapid growth across Europe.
Failing private school in Exeter is visited for third time this year by Ofsted
Some windows leading onto the roof were not secured consistently and a hazardous cleaning agent was found unlocked and accessible to pupils
13-inch MacBook Air Drops Further to $649.99, The Best Black Friday Deal So Far?
After sitting at the $699 mark for the entire week, the 13-inch MacBook Air is now selling for $649 for Black Friday 2019.
Oil mixed amid slow holiday trade before Opec+ meeting
West Texas Intermediate (WTI) futures were up 4 cents, or 0.1 per cent, at $58.15 a barrel.
Eurozone unemployment's falls to lowest rate since July 2008
LONDON (AP) - Unemployment across the 19-country eurozone has fallen to its lowest rate since July 2008 even though growth is cooling in the face of headwinds like the U.S.-China trade war and uncertainty related to Britain's departure from the European Union.
Sony 4K smart TV deal on Amazon brings a £700 price cut in true Black Friday fashion
No need to get assaulted in the shops for a good deal, shop the best TV deals from your sofa today
Don’t buy the hype about a looming bacon shortage
Some reports have indicated that there could be a bacon shortage in 2020, but one economist isn't convinced you need to freak out about your breakfast fave.
Mass consumerism is destroying our planet. This Black Friday, let’s take a stand
With climate catastrophe on the horizon, we should reject this orgy of consumption, says professor of marketing Alan Bradshaw
Eurozone inflation firms but still below central bank goal
BRUSSELS — Official figures show that inflation across the 19-country eurozone rose in November but remains way below the level that the European Central Bank and its new president, Christine Lagarde, would like it to be.
Holy cow… the $140 Instant Pot DUO80 is down to $64.99 for the first time ever
Everyone knows that Instant Pots go on sale at deep discounts every year during Black Friday. It’s really not a surprise anymore. And yet every once in a while Amazon comes out with a discoun…
Finance Minister says more answers are needed on €1.6m printer
The Finance Minister says more explanation is needed as to why a €1.6 million printer is not yet operational.
Euro-Area Inflation Quickens, But Remains Far Below ECB's Goal
(Bloomberg) — Explore what’s moving the global economy in the new season of the Stephanomics podcast.
More than half of EU consumers have environmental impact in mind when shopping
Today the European Commission released its 2019 edition of the Consumer Conditions Scoreboard. It shows that the overall gap in consumer conditions is narrowing between the different regions of the EU; that consumers are more aware about their environmental footprint; and that consumer rules enable trust in the marketplace. Věra Jourová, EU Commissioner for Justice, […]
Renault-Nissan to reboot alliance with new overseer
PARIS (Reuters) - Renault, Nissan and Mitsubishi plan to appoint a general secretary at the helm of their partnership to boost cooperation and reboot joint operations after the departure of former alliance supremo Carlos Ghosn.
Rajapaksa's visit can boost trade, investments with Sri Lanka: Assocham
Rajapaksa arrived here on Thursday on a three-day visit, his first overseas tour after taking over the reins of Sri Lanka 10 days back, a reflection of importance he attaches to ties with India
Stocks slip on trade worries as record high stays elusive
LONDON (Nov 29): World shares slipped on Friday as a leading index strained for a record high, with nerves gnawing away from Asia to Europe over how, or when, the US and China can agree a truce in their damaging trade war.The MSCI All Country world index, which tracks shares in 49 countries, fell 0.2% to 548.48 points, short of a record 550.63 scaled in January 2018 before the tensions over trade between Washington and Beijing broke out.European shares
Liquidity pressures faced by NBFCs, HFCs, to continue: Fitch Ratings
Increasing competition to offset lower growth may weigh on profitability and test risk appetite
TECT sole sponsor of region’s Rescue Helicopter
TECT, a longtime supporter of the Bay of Plenty Coastal rescue helicopter service, have recently become sole naming right sponsor.
Boustead posts loss in 3Q on impairments in heavy industries and property divisions
KUALA LUMPUR (Nov 29): Diversified group Boustead Holdings Bhd recorded a net loss of RM155 million for the third quarter ended Sept 30, 2019, versus a net profit of RM7.3 million a year ago.The loss, the group said in a bourse filing, was due to impairments in the heavy industries and property divisions, totalling RM161.3 million, as well as weaker results in other divisions.The group reported a loss per share of 7.65 sen against earnings per share of 0.36
Bokio, the Swedish startup simplifying accountancy with AI, raises €4 million round led by Creandum
Bokio, the Swedish based startup which utilises artificial intelligence to simplify bookkeeping for small businesses, sole traders, and freelancers, has raised €4 million.
Audi's Bold EV Future Comes At A Sacrifice
Investing in something as big as electric vehicles including the infrastructure, technology, and plant re-t...
East Asia's political vulnerability
To avoid Latin America-style political crises, East Asian governments must ensure that their economic policies support equitable growth.
NatWest and RBS down, infuriating Black Friday online shoppers
With Black Friday sales underway, bargain-hunting customers of RBS and NatWest have been frustrated by a spate of online and mobile crashes disabling access to accounts.
Eurozone inflation firms but still below central bank goal
Official figures show that inflation across the 19-country eurozone rose in November but remains way below the level that the European Central Bank and its new president, Christine Lagarde, would like it to be.
Rural unrest spreads as farmers’ anger boils over
Low food prices and widespread fears about the green transition fuel discontent.
Daimler to ax at least 10,000 jobs in latest car industry cuts
Daimler said on Friday it will cut at least 10,000 jobs worldwide over the next three years, following others in the industry as they cut costs to invest in electric vehicles while grappling with weakening sales. It marks the third announcement on cost cuts this week by a major German car company as
Eversendai 3Q net profit down 89%, hit by high expenses
KUALA LUMPUR (Nov 29): Higher operating and administrative expenses pulled down Eversendai Corp Bhd's net profit for the third quarter ended Sept 30, 2019 (3QFY19) by 88.8% to RM1.47 million from RM13.14 million a year ago.Eversendai said the significant increase in the operating and administrative expenses was partly due to higher depreciation expenses and other fixed costs expensed to income statement by its mechanical fabrication, installation and modularisation segment. This was due to the under-utilisation of the Ras Al
Menang Corp posts loss in 1Q due to land clearing and earthworks expenses, corporate exercises
KUALA LUMPUR (Nov 29): Menang Corp (M) Bhd posted a net loss of RM503,000 in the first quarter ended Sept 30, 2019, compared with a net profit of RM967,000 in the corresponding quarter last year.In a bourse filing, the group attributed the loss to expenses stemming from land clearing, earthworks and provisions for the costs of proposed corporate exercises.It reported a loss per share of 0.1 sen compared with earnings per share of 0.2 sen last year.Quarterly revenue declined
Govt accounts show strong debt position, impact of tax timing changes
Govt accounts show strong debt position, impact of tax timing changes
Frog & Scorpion: Gaza Envelope Communities Plan Industrial Zones to Employ Thousands of Gaza Arabs
While the talks between Israel and Hamas are currently being conducted at a rapid pace, at least the Israeli side is optimistic (see: Al Akhbar: Israel Renews Talks with Hamas about Truce, Returning Soldiers’ Bodies), another initiative is being formed, which aims not only to stop the shooting war, but to also establish a true […]
External hard drives are going cheap on Amazon UK
Back up your documents with these external HDs.
SCHOTT Glass to double capacity at Jambusar plant in Gujarat
Commits to infuse Euro 26 million by next year
Chinese investments in Malaysia halve, U.S inflow soars
Chinese investments into Malaysia halved to $1.7 billion in the first nine months of the year from a year ago, though U.S. investments soared seven times to $5.9 billion - reflecting a diversion of funds due to the Beijing-Washington trade clashes. Data provided by the Malaysian Investment Development
Beats Black Friday 2019 deal: Save $50 on the Powerbeats Pro
If you're after a pair of truly wireless headphones that won't fall out of your ears then you'll want to pick up the Beats Powerbeats Pro - currently $50 off for Black Friday and lowest price yet. Best of all,…
Amazon workers stage strike on Black Friday
BERLIN (AP) - Workers at Amazon distribution centers in Germany have gone on strike for better pay on Black Friday, one of the busiest days of the year for the online retailer.
Hallmarking to be mandatory for gold jewellery from 2021: Ram Vilas Paswan
However, one year period will be provided for implementation of this decision to enable jewellers clear their existing stock
France to summon Turkish envoy over Erdogan’s ‘insults’
ATHENS: The UN refugee agency said Thursday it was encouraging migrants to leave a severely overcrowded Tripoli center, but rejected as “offensive” a British daily report alleging it was “starving” asylum-seekers to force them out. “I find that accusation offensive,” UNHCR chief Filippo Grandi told reporters in Athens. “I don’t know where you read that report. Us, starving
Continental Reinsurance Plc suspended from trading shares on NSE
Trading in the shares of Continental Reinsurance Plc has been suspended effective Thursday, 28 November 2019.
The Bitcoin Man Acquires FortuneZ, Appoints Sydney Ifergan as COO
Herbert Rafael Sim, popularly known as The Bitcoin Man, has acquired crypto-focused business publication company FortuneZ for a sum of $2,500,000.
PwC probe finds executives at Tongaat overstated profits, assets
Executives used 'undesirable accounting practices'.
Ola restructuring biz over IPO to cost 250 jobs: Report
The spokesperson added that the restructuring is aimed at becoming "more nimble and have a sharper focus on growth and profitability".
Gold rallies Rs 143 to Rs 38,695 on rupee depreciation, positive trend
On Thursday, gold prices closed at Rs 38,552 per 10 gram
Watch: Pig steals the show during Greek reporter’s live broadcast on floods
Journalist Lazos Mantikos from Greek television channel Antenna TV just couldn't get through his report on the storms and flooding in the town of Kineta, thanks to a pig.
What happens when the centre can no longer hold?
WHEN Somalia was a lawless gangland with no central government, many Africans often wondered how it must have felt to live in a failed state controlled by marau...
German Amazon workers strike on ‘Black Friday’
FRANKFURT AM MAIN, Nov 29 — Hundreds of Amazon workers in Germany walked off the job as the US online retailer kicked off its “Black Friday” sales bonanza, escalating a long-simmering battle for better pay and working conditions. The strike called by the powerful Verdi union is set to last...
Eurozone Preliminary CPI arrives at +1.0% YoY in Nov vs. +0.9% expected - EUR/USD unfazed
More to come ....
Satoshi Nakaboto: ‘Bakkt Bitcoin future trades hit daily record of $42.5M’
Our robot colleague Satoshi Nakaboto writes about Bitcoin BTC every fucking day.
Share Market highlights: Sensex ends 336 points down, Nifty near 12,050; Yes Bank, HUL top losers
Share Market News Today | Sensex, Nifty, Share Prices LIVE: The headline indices Sensex and Nifty receded from record high levels on Friday, tracking weak GDP data outlook.
Amazon workers stage strike on Black Friday
BERLIN (AP) - Workers at Amazon distribution centers in Germany have gone on strike for better pay on Black Friday, one of the busiest days of the year for the online retailer.
NSE commodities segment gets CBDT recognition, traders to get tax benefit
The approval will benefit traders in relation to trading in commodity derivatives segment of the NSE as the derivative income will be treated as business income
Do Activist Investors Create Value?
The exchange-traded fund industry is expanding its product range to all investment strategies and grabbing more and more market share from the mutual fund sector.Activist investing isn't a new phenome
India Cuts Purchase of P-8 Spy Planes From US in Half
New Delhi (Sputnik): The Indian Navy had originally asked for 10 P-8I aircraft in a bid to deploy more spy planes to crucial points in the Indian Ocean region under “Mission Based Deployment”. However, the Defence Ministry has now decided to cut the request in half due to budget constraints.
One of the best SSDs, the Samsung 860 EVO 1TB SSD is now £95 on Amazon
This Black Friday SSD deal is a saving of around £35.
Zimbabwe army generals sweat over rampant indiscipline
ZIMBABWE National Army (ZNA) commander Lieutenant-General Edzai Chimonyo last week convened an emergency staff meeting where he read the riot act over rampant i...
Buy Google Pixel 4 and get Nest Hub free in bumper Black Friday deal
Cyber Monday is here! Get Google's Pixel 4 for just £599 and John Lewis will throw in a Google Nest Hub at no extra cost.
GDP growth slows down to 4.5% in Q2, hits more than 6-year low
India's Q2 GDP Growth 2019: DEA Secretary Atanu Chakraborty and CEA KV Subramnaian said that the fundamentals of India economy remain strong and the GDP growth rate is expected to bounce back in the third quarter of this fiscal
Chinese investments in Malaysia halve, US inflow soars
KUALA LUMPUR (Nov 29): Chinese investments into Malaysia halved to US$1.7 billion in the first nine months of the year from a year ago, though US investments soared seven times to US$5.9 billion — reflecting a diversion of funds due to the Beijing-Washington trade clashes.Data provided by the Malaysian Investment Development Authority (MIDA) to Reuters on Friday showed that China, traditionally the Southeast Asian country's biggest investor, has now slipped to third position behind the United States and Japan.Foreign
Reach share price jumps as Mirror owner pulls out of JPI talks
Shares in the publisher jumped higher in early trading after it also reported a 4.4% decline in revenue for the five months to November 24.
Dagga laws in SA: some oils are more legal than others
Clicklaw explains why you may now trade in CBD oil and which limits apply.
The Death of FX Volatility
Volatility in the Euro-Dollar exchange rate reached an all-time low this week, and dying volatility is being recorded in most other major currency pairs as we enter the final month of the year
Q&A: How PSD2 will impact fraud on Black Friday
With online spending continuing to rise online for Black Friday, web retailers need to consider how best to ensure PSD2 compliance in order to keep consumers secure without compromising their user experience.
Government should nationalize Kenya Airways quickly -CEO
NAIROBI — The government must move quickly to nationalize Kenya Airways as regional competitors seeking to carve out market share pour cash into their national carriers, the airline’s chief executive said.
Black Friday frenzy goes global - and not everyone’s happy
The U.S. sales phenomenon has spread to retailers across the world in recent years with such force that it's prompting a backlash from some activists, politicians and even consumers.
Hengyuan’s 3Q net loss narrows on turnaround plan
KUALA LUMPUR (Nov 29): Hengyuan Refining Company Bhd’s net loss narrowed in the third quarter ended Sept 30, 2019 to RM11.43 million from RM122.49 million a year earlier, due to higher revenue.Loss per share fell to to 3.81 sen from 40.83 sen, the group said in a filing today.Hengyuan said revenue for the quarter jumped 56% to RM3.23 billion from RM2.07 billion a year ago, as the refinery recorded sales volume of 10.7 million barrels.For the nine-month period, the
New World Fund sells Adani Ports shares worth Rs 401 crore
Bulk deal data on the BSE showed that 1,06,87,163 scrips were sold at an average price of Rs 375.34 apiece.
Top U.S. retailers absorb tariff pressure ahead of holiday shopping season
WASHINGTON (Reuters) - Prices for electronics sold online at top U.S. retailers were up slightly heading into the critical U.S. shopping season, but sites including Walmart Inc (WMT.N) and Amazon.com Inc (AMZN.O) have held prices steady for many other popular holiday products despite the pressure from tariffs on Chinese imports.
Winsborough extends leadership footprint
Elaine McCaw, a leadership luminary, joins Winsborough Limited this month as an Independent Director of the Board.
Daimler to cut thousands more jobs in bid to reduce costs
Car manufacturer struggling with cost of electic vehicles
US merger rush stirs debate over equities bull market
Some see signs of rally’s impending end in rash of multibillion dollar tie-ups
Take Five: NATO -- dead or alive?
(Reuters) - 1/ HAPPY BIRTHDAY NATO!
CBOT Trends - Corn, wheat seen steady to higher; soybeans mixed
CHICAGO, Nov 29 (Reuters) - Following are U.S. trade expectations for the opening of grain and soy complex trading at the Chicago Board of Trade (CBOT) at 8:30 a.m. CST (1430 GMT) on Friday.The markets were closed on Thursday for the Thanksgiving holiday.WHEAT - Steady to up 2 cents per bushel* There were no deliveries against the CBOT's December wheat contract on first notice day on Friday. Traders expected deliveries of zero to 400 contracts, with most anticipating none.
Maria 01: The Future of The Largest Startup and Venture Campus in Europe
From the creators of Slush, the Maria 01 Startup and Venture Campus in Helsinki is a mini-city within the city, expanding to become Europe's best and largest startup campus, a place every startup and VC must know about.
GDP at 4.5%: 'Worrying,' says Manmohan Singh; 'fundamentals strong,' counters govt
India Business News: India's GDP growth hit an over six-year low of 4.5 per cent in July-September 2019, triggering a war of words between the government and the oppositio
Poppy campaign raises $125,000 in South Surrey, White Rock
Funds benefit veterans and their families, poppy co-chair notes
New Strawberry-Flavored H.I.V. Drugs for Babies Are Offered at $1 a Day
Thousands of infants are doomed to early deaths each year, in part because pediatric medicines come in hard pills or bitter syrups that need refrigeration.
Hillary Clinton Visits ‘The Graham Norton Show’ To Reveal What She Wishes She Told Donald Trump At Most Memorable Debate
Hillary Clinton is recalling one of the most memorable moments of her battle with Donald Trump for the presidency of America, when the two debated in St. Louis. The former Secretary of State visited "The Graham Norton Show" show, and recalled how Trump roamed around the stage, standing behind her. "He loomed over me," she…
Experts on GDP numbers: 'Worst is not past us'
Former Chief Statistician of India, Pronab Sen said the manufacturing showing negative growth is certainly worrying. "I don't think the growth has bottomed out, the growth figures may continue to decline the next quarter too, however, post fourth quarter may show some recovery owing to the base effect," Sen said.
NATO spending tweak lets Berlin push back on Trump
US will pay less for budget that covers alliance HQ while Germany pays a little more.
The Hidden Trucking Industry Subsidy
This US based article shows we ‘public’ give an exorbitant unfair amount of subsidy to the trucking industry.
Financial boost for minority media
Newspapers run by members of the Armenian, Greek and Jewish communities are to receive extra state funds thanks to an affirmative action scheme. The...
Goldman Sachs is going through a huge transformation under CEO David Solomon. Here’s everything you need to know.
Here’s everything we know about what’s going on inside Goldman, from its changing tech culture to shakeups in its inner ranks.
Thousands of Aussies ditch big energy companies for cheaper, local alternatives
Thousands saving up to $430 on energy costs – compare today! Affordable energy continues to be a top concern for many seniors and cost-wary Aussie
Government restricts cyanide sales after suspicious suicides
The Ministry of Environment and Urbanization on Friday banned the retail and online sale of cyanide to the public after a series of questionable...
Russia's Novak: Would rather take decision on output extension close to April
Russian Energy Minister Alexander Novak said that he favoured OPEC and its non-OPEC allies to make a decision on whether to extend the crude oil produ
Indian Rupee Billed as "Overvalued" and Set for Declines after GDP Disappointment
British Pound vs Indian Rupee - Latest Exchange Rate News and Forecasts for Converting Pounds to Euros Today
4,500 jobs in UK at risk as Germany's E.ON breaks up struggling Npower
The revamp effectively removes one of the market's so-called 'Big Six' players, which have lost customers to nimbler recent entrants and been hit by a regulatory price cap
Italian MP proposes during earthquake aid debate in parliament
Flavio Di Muro gets applause for marriage proposal – and reprimand from Speaker
China's financial warning signs flashing nearly everywhere as policymakers scramble
From rural bank runs to surging consumer indebtedness and an unprecedented bond restructuring, mounting signs of financial stress in China are putting the
The daily business briefing: November 29, 2019
Black Friday kicks off the holiday shopping season, stocks struggle as Hong Kong tensions dent hopes of a U.S.-China trade deal, and more
Goldman Sachs is going through a huge transformation under CEO David Solomon. Here's everything you need to know.
Here's the latest news about Goldman Sachs.
Government of Ghana talks about Ghc 100 and Ghc 200 currency notes
The Governor of the Central Bank of Ghana, Dr. Ernest Addison has explained the rationale behind the government’s policy decision to introduc
Overstock Shareholders Compete to Lead Class Against tZERO’s Parent
E-commerce giant Overstock faces a difficult period as several former and current shareholders fight for the status of lead plaintiff in a class action
The Bedpan: The NHS has been politically neutralised
This week: John McTernan
Brexit Britain’s big talk on space fails to fly
European aerospace firms get in work contracts as much as their governments fund the European Space Agency, but the UK lags behind.
Gold eases over doubts on US-China trade war, faces worst month in 3-years
Investors were uncertain about the fate of a 'phase-one' trade deal between the two economies
'Fake lawyers' with bogus degrees a problem across Canada
Fake lawyers with bogus law degrees are scamming Canadians out of hundreds of thousands of dollars and preying on the vulnerable.
4.5 per cent GDP growth rate unacceptable, worrisome: Manmohan Singh
Delivering his valedictory address at a national conclave on economy, former prime minister Manmohan Singh said mutual trust is the bedrock of societal transactions fostering economic growth, but "our social fabric of trust, confidence is now torn and ruptured".
Jewellery industry welcomes mandatory hallmarking from Jan 2021
Gold hallmarking is a purity certification of the precious metal and is voluntary in nature at present
Social Innovation Ireland Fund boosts its board
Ailbhe Keane, founder and creative director of Izzy Wheels, has also joined the the fund board.
Payback Time: The myth that keeps Canadians on a financial treadmill
In a new weekly retirement column, personal finance columnist Dale Jackson will cut through the noise and deal with the issues that forge a stable retirement.
'It's important that the truth is told': Family of Michaela McAreavey fear they may never get justice
The husband of murdered Irish woman Michaela McAreavey has put together an in-depth podcast outlining the ordeal the family went through at the timeof her death
India’s GDP growth slips to 4.5%, slowest in more than six years
The GDP growth rate has now slowed for the sixth consecutive quarter with the previous low recorded at 4.3 per cent in March 2013.
Goldman Sachs is going through a huge transformation under CEO David Solomon. Here's everything you need to know., Business Insider - Business Insider Singapore
Business Insider - Here's the latest news about Goldman Sachs.. Read more at businessinsider.sg
Co-operative housing the future in the Eastern Bay
Co-operative housing the future in the Eastern Bay
Sebi advances margins determination period for commodity derivatives
Effective April 1, 2020, cut off time shall be kept at 5 pm for the purpose of determining minimum threshold of margins to be collected by members from their clients
SECA Evening Event: Venture capital for family offices, insurance firms and pension funds
This event is aimed at managers and decision-makers from the investment sector of Swiss family offices, insurance firms and pension funds.
Buhari Administration Committed to Growth of MSMEs — Adebayo
Minister for Industry, Trade and Investment, Otunba Niyi Adebayo, has declared that “Nigeria is open for business!” Vanguard News
At $20 for the Echo Flex, Amazon is practically giving it away
The Amazon Echo Flex is a plug-in speaker that you can fit just about anywhere in your home that has a standard outlet. Perfect for places where a regular smart speaker won't do. Black Friday! The Best Black Friday Deals Find Your Black Friday Deal: All Deals Updated Live, Sortable By Category Nintendo Switch Deals Best Phone Deals Best iPad Deals Best Chromebook Deals Black Friday...
No question of closing down Integral Coach Factory, says Piyush Goyal
Minister hails the organisation for the Vande Bharat Express, India's first indigenously made semi-high-speed train
Canada’s economy slowed in third quarter
OTTAWA, Nov 29 — Canada’s economy put on the brakes in the third quarter sending growth falling to 1.3 per cent, or almost one-third of the previous three months’ GDP, the government statistical agency said today. Statistics Canada blamed a drop in exports for the slowdown, noting that it was...
NatWest online glitch resolved
One man tells of difficulty paying for a prescription, while Black Friday shoppers are also hit.
Opec November oil output slips before Aramco IPO, policy meeting
LONDON, Nov 29 — Opec oil output has fallen in November as Angolan production has slipped due to maintenance and Saudi Arabia has kept a lid on supply to support the market before the initial public offering (IPO) of state-owned Saudi Aramco, a Reuters survey found. On average, the 14-member...
Instant Pot Ultra has never been as cheap as it is for Black Friday 2019, with discounts up to $85
There are so many Instant Pot deals out there right now for Black Friday that it’s tough to know which one you should get. Want to know the secret to getting the best deal? Listen to the BGR …
New World Fund sells over 10 mn shares in Adani Ports worth Rs 401 cr
As per September 2019 shareholding data, New World Fund Inc was a public shareholder of Adani Ports and held 2.07 per cent stake
Twitter CEO Jack Dorsey Confirms Relocation To Africa In 2020
The co-founder and CEO of microblogging platform, Twitter, Jack Dorsey, says he would be relocating to Africa for a momentary stay in 2020.
Brute who stabbed patient and worker at Royal Alexandra Hospital is caged
Kenneth Wrethman, 43, armed himself with cutlery at the Royal Alexandra Hospital and repeatedly attacked staff member Carol Crawford as well as attempting to stab a dementia patient she was helping.
SAT asks Sebi to look into Karvy's plea on power of attorney issue
Sebi on November 22 had barred Karvy from taking new clients in respect of its stock broking activities.
The Impeachment News Industry Is Here to Help (Overwhelm You Even More)
A glut of pop-up podcasts and newsletters from major publishers and worried citizens promise to cut through the flood of impeachment news.
Sugar output in 2019-20 may fall by 18% to 2.73 mn tonnes: Govt in RS
Sugar marketing year runs from October to September
Larry Ellison Picks Storied Lake Tahoe Property for Next Nobu Getaway
Robert De Niro and his hospitality team are joining with the Oracle billionaire to remake Cal Neva, owned in its Rat Pack heyday by Frank Sinatra.
The U.S. Navy Has a Crazy Plan To Build Monster (But Useless) Battleships
Their construction was a mistake worth avoiding.
Gabrielle Union Breaks Silence After News Spreads About Her Being Fired From ‘America’s Got Talent’ For Speaking Out Against Racism
Gabrielle Union has broken her silence about being fired from "America's Got Talent," after Variety ran a report that said she was let go for speaking out against racism. The report goes into various instances when Union was either a victim of racism on the show or witnessed it. The actress was hired for the 14th
Hallmarking of gold jewellery mandatory across nation from January 2020
Jewellers to be given a year's time to clear stocks that aren't hallmarked and get themselves registered
Mercedes-Benz owner to slash 10,000 jobs in latest car industry cuts
Daimler said on Friday it will cut at least 10,000 jobs worldwide over the next three years, following others in the industry as they cut costs to invest in electric vehicles while grappling with
Save the Whales—But Actually
Environmentalists have been demanding that we save the whales for decades. The phrase has been printed ad nauseam on so many buttons and t-shirts and bumper stickers that it’s practically a joke.
Lawrence Kenwright tells of regret over Signature Living investor complaints
Hotel boss apologises for delays and poor communications
Carphone Warehouse's Black Friday Deals Save You up to £200 on a Contract
If you haven't already bought yourself a new phone from the thousands of Black Friday deals out there, here's another one to muddy matters.
Forex kitty continues to move up, closes in $449 billion mark
In the previous week, the reserves had increased by USD 441 million to reach USD 448.249 billion
Next week’s key events in developed markets – ING
Analysts at ING offered a brief overview of the upcoming important market-moving economic releases/events, including a batch of sentiment indicators i
Hike in Onion Price? Thieves in West Bengal steal onions instead of Cash
With the hike in prices of Onion up to Rs 100 per kilo in West Bengal, onions have seemingly become more alluring for thieves than cash
So It Looks Like New Yorkers Blamed Cuomo, Not AOC, for Amazon Loss
Gov. Andrew Cuomo failed to secure a new Amazon headquarters in New York last year. It was a massive hit, as the company had pledged to bring 25,000 jobs to the state, in exchange for $3 billion in state and local tax breaks. Some of the blame was lobbed against progressive freshman U.S. Rep. Alexandria Ocasio-Cortez, who had been urging her supporters to fight against the company's move. She celebrated in the halls of Congress when she heard the news Amazon had backed out of its plans for Queens.
Fears about worker shootings prompt new business tactics
OKLAHOMA CITY (AP) — Security is not subtle at the sprawling campus of human resources technology giant Paycom in Oklahoma City.Off-duty police officers roam the grounds, bolstering the company’s own force of armed guards. A basement command center that looks like something out of a spy movie is filled with video screens showing feeds from hundreds of security cameras at company offices across the country.While heavy security has become common at airports and stadiums to deter terrorism, extreme measures have been out of the ordinary at most companies eager to maintain a comfortable work environment and a welcoming atmosphere.
Canada Q3 GDP growth slower, but details better – RBC
Nathan Janzen – Senior Economist at Royal Bank of Canada (RBC) – offered his take on Friday's release of the Canadian GDP report, which showed a shar
NZ First ‘Agrees to Disagree’ Over Tobacco Excise Increase
New Zealand First ‘Agrees to Disagree’ Over Tobacco Excise Increase
Tesla Cybertruck Prototype Spotted Driving Through Hawthorne, California
Unlike other Tesla reveals, the debut of the Cybertruck was actually fun because Elon Musk didn’t expect the driver’s window to shatter from throwing a steel ball. The quirky electric pickup is nothing more than a prototype for the time being, and as mentioned in a previous story, there’s a lot to redesign until Tesla kicks off series production.
Zurich airport outbids Adani, DIAL to build Delhi-NCR’s second airport in Jewar town
Zurich International had developed the Kempegowda International airport in Bengaluru in partnership with other companies.
Black Friday sees fewer shoppers in stores as spending moves online
Shoppers also worried that tariffs imposed by President Donald Trump on Chinese imports would make their holiday shopping more expensive
Focus will be on Canadian GDP – TDS
Analysts at TD Securities (TDS) offered a brief preview of Friday's only important release of the Canadian GDP growth figures, scheduled later during
German car industry reels as Daimler cuts 10,000 jobs
Some 50,000 cuts have been announced across the sector as automakers restructure
ACB Stock Price: Aurora Cannabis Inc. sets higher lows, shrugging off financial fears
Aurora Cannabis Incorporated, which is headquartered in Edmonton and trades at the Toronto Stock Exchange (TSE) has risen on Thursday at and closed at
Black Friday frenzy goes global—and not everyone's happy
People don't celebrate Thanksgiving in France, or Russia, or South Africa - but they do shop on Black Friday.
Is India Inc getting aggressive on cutting costs via VRS?
Voluntary retirement scheme (VRS) is a popular method to reduce surplus staff. Many large public and private sector companies have implemented VRS in recent years
China’s true economic growth could be half of what everyone thinks
China’s GDP data release always generates great market excitement despite rarely straying more than 25 basis points below or above the government target. This stability has led a number of analysts to propose their own measures, typically based on a variety of Chinese proxy data but, in the end, not that different from the official numbers. In this article I argue that, based on the performance of countries comparable to China, the latter’s GDP growth could be as low as half the official number and that markets are likely overestimating China’s importance for the global economy. That being said, China has one of the highest levels of corporate debt in the world and slower growth implies greater risks of financial instability.
Vodafone's Black Friday Deals Include Free Airpods & PAYG Phones for 1p
If you've had your eye on a new phone or a pair of Apple Airpods, you might want to check out Vodafone's deals for Black Friday.
Amazon hit by Black Friday strikes and protests across Europe
UK protestors are demanding an end to 'appalling' working conditions while German staff are striking for better pay.
Mercedes-Benz parent Daimler plans thousands of job cuts worldwide
The job cuts will be carried out by the end of 2022 as part of efforts to reduce spending by 1.4 billion euros (US$1.5 billion), the maker of Mercedes-Benz cars said Friday in a statement.
Celebrities react: Gabrielle Union's exit from 'America's Got Talent'
Celebrities are rallying behind actress Gabrielle Union and slamming NBC after her controversial exit from America's Got Talent.
The Aramco IPO And The OPEC Meeting Could Support The Price Of Crude Oil
The Saudis want to sell a piece of Aramco.Watch the OPEC meeting for clues.Iran provides support for the energy commodity.U.S. energy policy could shift.UCO and SCO are tools for those who do not trad
Daily Mail owner buys rival the i for nearly £50m
Daily Mail and General Trust chairman Lord Rothermere said the publication was ‘highly respected’ and generating plenty of cash.
Sensex plunges 336 points ahead of GDP data release for September quarter
The top gainers on the Sensex were Bharti Airtel, HDFC Bank, and NTPC.
Swedish startup Bokio books €4 million to expand its SMB accountancy software across UK
Bokio, the Swedish startup applying AI to small business bookkeeping, has raised a €4 million round, led by Stockholm-based VC firm, creandum, with support from Svea and Chris Adelsbach. For small businesses, sole traders, and freelancers, Bokio supports a wide range of administrative tasks including invoicing, employee expenses, reporting and VAT returns. The interface is […]
No change in prices of RON97, RON95 and diesel
KUALA LUMPUR (Nov 29): The Ministry of Finance (MOF) today announced that the retail price of RON97 petrol will remain at RM2.66 per liter, while RON95 and diesel will remain at RM2.08 and RM2.18 per liter respectively, for the period of Nov 30 to Dec 6.In a statement issued today, MOF announced that petroleum retail prices were set weekly using the Automatic Pricing Mechanism (APM) formula, where the retail price of RON95 and diesel for the same period is
Govt to make hallmarking mandatory for gold jewellery
The government will make hallmarking for gold jewellery and artifacts mandatory from January 15, 2021, to ensure quality, Union Consumer Affairs Minister Ram Vilas Paswan said on Friday. The departmen
GDP growth at 4.5%: No, Indian economy is still not in recession, but these countries are
Q2 GDP: Some of the key economies in the world are in the verge of recession raising fears about the global economic health
Wall Street Breakfast: Black Friday In Full Swing
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. The biggest shopping weekend of the year is here and 165.3M A
Hallmarking For Gold To Be Mandatory From 2021, Industry Welcomes Move
One year period will be provided for implementation of hallmarking decision to enable jewellers clear their existing stock.
Duopharma Biotech's 3Q earnings jump 21% on higher product demand
KUALA LUMPUR (Nov 29): Duopharma Biotech Bhd has reported a 21% jump in net profit to RM14.86 million for its third quarter ended Sept 30, 2019, from RM12.29 million a year ago.The pharmaceutical company said in an exchange filing today revenue rose 13.5% to RM142.86 million, from RM125.84 million in the year-ago third quarter.Duopharma Biotech's group managing director Leonard Ariff Abdul Shatar said the improved results reflected increased demand for the group's pharmaceutical products from the private and public
Oil to be stuck in a rut in 2020 as slowing demand fuels glut: Reuters poll
(Reuters) - Oil prices will remain subdued in 2020 as growth concerns weigh on demand and fuel a glut of crude, a Reuters poll showed on Friday ahead of production-policy talks among OPEC and its allies next week.
EXCLUSIVE: Govt explains why it introduced Ghc100, Ghc200 Cedi notes
The Governor of the Central Bank of Ghana, Dr Ernest Addison has explained the rationale behind government’s policy decision to introduce new Bank notes of Ghv100, Ghc200 and 2Ghc coin. Addressing a presser covered by MyNewsGH.com, the Governor said “twelve years after the redenomination exercise, sustained periods of high inflation and the perennial depreciation of the currency have eroded, in real terms, the face value of the series of the notes” forced government to take the decision. He explained that a lot of thinking and consultations took place. A lot “thinking went into the decision to introduce the higher denomination banknotes. The structure of the banknote should align well with the needs of the people who use it for their daily transactions. We need banknotes and coins that are convenient for most people to use, high quality, secure and cost effective.” He added. A promotional release by BoG read in part:
Centum Group half-year profit quadruples
The income was realised mainly as a result of net gains on disposal of three companies.
S. Korean firm sues BAT over alleged trademark infringement
Vitabon, a South Korean venture firm, said Friday it has launched a trademark infringement suit against tobacco giant British American Tobacco.Vitabon claims that its nicotine-free aromatherapy device, named Sense, and BAT's hybrid e-cigarette product, glo sens, confuse consumers due to their similar names. Vitabon said it has filed the lawsuit with the Seoul Central District Court, demanding 110 million won ($...
Govt initiates dialogue with ASEAN members for review of FTA: Goyal
He also said the Coffee Board is trying to develop an Indian brand of coffee for export and the work in this regard is underway
Sensex tumbles 336 points ahead of GDP data
NSE Nifty also settled 95.10 points down.
IHH Healthcare posts RM236m in 3Q net profit on stronger contribution from its operations
KUALA LUMPUR (Nov 29): IHH Healthcare Bhd reported a net profit of RM236.34 million for the third quarter ended Sept 30, 2019 (3QFY19) compared to a net loss of RM104.07 million a year ago.The regional healthcare group said the quarterly profit was driven by sustained organic revenue growth at existing operations.The boost to earnings also came from Gleneagles Hong Kong Hospital and Acibadem Altunizade Hospital, both opened in March 2017. In addition, Amanjaya Specialist Centre and Fortis Healthcare (“Fortis”),
Indian hedge funds return 0.09% in October, way behind Asian peers
Indian funds did better than Asian ones in only four out of the ten months of 2019 so far
AUD/USD loses recovery momentum ahead of 0.6800, trades around 0.6780
The AUD/USD pair continued to push lower during the Asian trading hours on Friday and touched its worst level since mid-October at 0.6762 but staged a
$5.8B deficit over 6 months
The federal government ran a deficit of $5.8 billion over the first six months of its 2019-20 fiscal year compared with a surplus of $1.2 billion in the same period last year.
Adani group shares rally up to 13% as CCI approves Total Group's 37.4% stake buy
Adani Gas share price rallied as much as 12.77 per cent to Rs 168.60 apiece on the BSE after the CCI approved the acquisition of 37.4 per cent shareholding and joint control by Total Group in Adani Gas
China's true economic growth could be half of what everyone thinks, Business Insider - Business Insider Singapore
Business Insider - GDP growth could be as low as half the official number and that markets are likely overestimating China’s importance for the global economy.. Read more at businessinsider.sg
UPS workers snagged in decade-long drug smuggling scheme
A handful of United Parcel Service employees were among 11 men arrested in the past two weeks for their alleged roles in a decade-long drug smuggling scheme, multiple news outlets reported.
Most SE Asian stocks slip as Sino-US tensions over Hong Kong continue to weigh
(Nov 29): Most Southeast Asian markets dropped on Friday, hurt by worries that a US law backing protesters in Chinese-ruled Hong Kong could disrupt ongoing trade negotiations, as the two countries try to strike a deal to diffuse a 16-month long trade war.All eyes were trained on China, which on Thursday warned of retaliation after US President Donald Trump signed legislation that, among other things, threatened sanctions for human rights violations in Hong Kong."Market will continue to wait for
China updates drug reimbursement list, agrees price cuts
Chinese regulators have added 70 new medicines to the country’s National Reimbursement Drug List (NRDL), and has agreed an average of 61% in price cuts with pharma companies.
Phillips 66: IMO 2020 Will Likely Lead To Surge In Refining Profits
Over the past five years, PSX has not only outperformed the broad energy sector, but has also beaten the S&P 500.Still, the company's P/E is less than half that of the broad S&P 500, while the dividen
US, India have made exploratory requests for greater market access: Piyush Goyal
“Regular consultations with the concerned line ministries / departments and other stakeholders bodies is a part of the ongoing discussions,” he said in a written reply to a question on bilateral trade negotiations with the US in Rajya Sabha. The minister said that trade related issues are discussed as a part of any ongoing economic relationship.
Intel calls for aid manufacturing CPUs… and Samsung answers
Any excuse for a Lord of the Rings reference...
Govt on track to make India $5 trillion economy by 2024: P K Misra
Describing the country's economic fundamentals as strong, Mishra said the annual average GDP growth of 7.5 per cent during 2014-2019 was the highest since independence
Ibrahim Abdul Majid appointed as new CEO of Boustead Plantations
KUALA LUMPUR (Nov 29): Boustead Plantations Bhd today announced the appointment of Ibrahim Abdul Majid as its new chief executive officer (CEO), effective Dec 1.Ibrahim, 60, will take over from Mohamad Azlan Jaafar, who is standing in as acting CEO and will resume his responsibilities as deputy CEO.In a statement today, the group said Ibrahim has an extensive career in the palm oil industry, bringing with him 40 years of experience.He started his career with Sime Darby in 1979
No industry for women: Bollywood #MeToo accused back at work
A year after Bollywood followed Hollywood by naming male predators accused of sexual harassment, many women say they have suffered while alleged ...
How do economists predict GDP figures? These indicators help
GDP Q2: One of the reasons why economists are fairly sure about the outcome of the GDP estimates is that key components of the GDP have not been showing positive trends
The dark side of Black Friday: Counting the real cost of deals and bargains
It's great for consumers, but Planet Earth and High Street businesses could pay a heavy toll for our greed.
Amazon workers strike on ‘Black Friday’
Hundreds of Amazon workers in Germany walked off the job as the US online retailer kicked off its "Black Friday" sales bonanza, escalating a long-simmering battle for better pay and working conditions.
Best Black Friday UK deals 2019 as Currys, Argos and Amazon launch new offers
Black Friday 2019 is here and incredible deals on everything from Nintendo Switch bundles to smart home speakers, and even loo roll are coming out thick and fast. Here are all the best deals released so far
China seeks greater LNG cooperation with Qatar: Ambassador
China, the world’s largest LNG consumer, is seeking to expand its LNG cooperation with Qatar, the world’s largest LNG producer, which has just recently announced its plans to further increase its LNG production capacity by 64 percent to 126 million tonnes per annum (mtpa) from the current 77mtpa by 2027.
Why Bailouts Are The Solution For Companies That Are Too Big To Fail
Ideal regulators may reduce the necessity of a bailout; but they may still be required in times of extreme duress.
Johnson concedes only 31,000 new nurses will be recruited under Tory plans
The PM also said he would ‘walk out’ of trade talks with the US if it wanted the NHS to be on the table.
Daily Mail owner buys rival the i for nearly £50m
Daily Mail and General Trust chairman Lord Rothermere said the publication was ‘highly respected’ and generating plenty of cash.
‘Lather is the best medicine’
A hygiene drive with ‘soap banks’ is helping school children in Bihar stay healthy
‘Kammuri’ least likely to be super typhoon
Pagasa said “Kammuri, ” which is still outside the Philippine area of responsibility (PAR) and as of now has no direct effect on the country, has gained more strength while moving northwestward slowly at 170 kilometers per hour (kph). It was last spotted 1,470 km east of Southern Luzon with maximum sustained winds of 140 kph near the center and gustiness of up to 170 kph.
Future of big name Burton store in the balance
It could be saved by another high street name
Market Wrap, Nov 29: Sensex tanks 336 points, Nifty closes at 12,056
During the day, the index hit a low of 40,664.18 levels. Reliance Industries, ICICI Bank, Hindustan Unilever, and State Bank of India contributed the most to the index's fall
Johnson concedes only 31,000 new nurses will be recruited under Tory plans
The PM also said he would ‘walk out’ of trade talks with the US if it wanted the NHS to be on the table.
Bitcoin Price Grinds Closer to $8K as $7,500 Support Remains Intact
Resistance closer to $8,000 remains but a bearish reversal back to the $6,000 range has yet to materialize, boosting trader sentiment.
Vodacom dismisses CEO departure talk
Vodacom Group denied reports CEO Shameel Joosub (pictured) was heading for the door, but revealed ...
'It's important that the truth is told': Family of Michaela McAreavey fear they may never get justice
The daughter of Tyrone football manager Mickey Harte was on honeymoon in Mauritius in 2011 with her husband when she was strangled in her hotel bedroom.
California Chrome’s new owner: ‘We promise to take care of him’
Horse Racing news: California Chrome’s new owner: ‘We promise to take care of him’.
RCom shares hit upper circuit for sixth time; gain over 42 per cent in nine sessions
On the BSE, the stock settled 3.85 per cent up at 81 paise. The stock has gained over 42 per cent in nine trading sessions.
3 Dividend Stocks Ideal for Retirees
Utility stocks don't often make the business-news headlines, but that doesn't mean they're can't be great fits for income-focused retirees' portfolios.
We Aid the Growth of Chinese Tyranny to Our Eternal Shame
We can’t say we didn’t know.Reports of the repression of Muslims living in northwestern China have been leaking out for years in drips and drabs. Satellite photos picked up the construction of massive prison facilities in the Xinjiang province. The BBC was even invited into one of the “thought transformation
Daily Mail owner buys rival the i for nearly £50m
Daily Mail and General Trust chairman Lord Rothermere said the publication was ‘highly respected’ and generating plenty of cash.
WATCH: Retailers increase security around Black Friday shopping | Cape Argus
As people jostle each other to get their hands on Black Friday specials, customers are warned to keep their valuables safe from pickpockets.
Fiscal deficit for April-Oct at 102.4%, crosses full year target
The revenue gap for the April-October period stood at Rs 5.46 lk cr showing the weakness in tax collection.
Save Over £170 on Netgear's Whole Home Orbi Mesh Wi-Fi System in Amazon's Black Friday Sale
Houses may not be getting bigger, especially if you live in the South East, but our dependence on Wi-Fi certainly is. Almost everything we buy now needs some sort of network connection, and with everything spread out across your place you need a solid Wi-Fi signal.
CAA website besieged by angry drone pilots ahead of registration deadline
Thousands of UK drone pilots could face a fine of £1,000 if they fail to register their details with the [...]
Amazon workers strike on ‘Black Friday’
Hundreds of Amazon workers in Germany walked off the job as the US online retailer kicked off its "Black Friday" sales bonanza, escalating a long-simmering battle for better pay and working conditi...
UK online supermarket Ocado strikes AI deal in Japan
UK online supermarket Ocado is venturing further outside its main market, announcing Friday a deal to provide artificial intelligence (AI) capabilities to Japanese retail giant Aeon.
Amazon workers in Germany stage strike on Black Friday
Workers at Amazon distribution centres in Germany have gone on strike for better pay on Black Friday, one of the busiest days of the year for the online retailer.
Redmi wants to be universal and prepares new Router and Smart Speaker - Gizchina.com
Rate this post The expansion of the Redmi brand is being as powerful as what Xiaomi once offered. For this reason, it has prepared new ...
HDFC MF front-running case: Sebi slaps Rs 8.7 mn fine on 7 firms
In its latest order passed on Thursday, Sebi noted that the entities have disgorged the ill-gotten profits made by them along with interest in compliance with disgorgement orders
[Deal] Save 25% on the Android-powered Gemini PDA from Planet Computers this Black Friday weekend
The Gemini PDA from Planet Computers is a clamshell smartphone with a physical QWERTY keyboard, an ultra-wide hi-res 5.99-inch display, and a handy 4,220mAh battery. The Gemini PDA enables creating…
‘Steel output target of 300 mt is challenging amid issues over raw material availability’
The Indian steel industry will be able to achieve its crude steel production target of 300 million tonnes (mt) by 2030 only if the issues surrounding raw material availability are addressed. The st
DOC scraps plan to expand Lake Ianthe campsite
The Department of Conservation has scrapped plans to expand its campsite at Lake Ianthe/Matahi, in Westland after strong objections from conservation groups and locals.
India quarterly growth falls to worst level in six years
MUMBAI, Nov 29 — India’s economy grew at its slowest pace in more than six years in the July-September period, down to 4.5 per cent from 7.0 per cent a year ago, according to government figures released today that piled more pressure on Prime Minister Narendra Modi. The expansion in Asia’s...
The Startling Low Bar to Ace a Fingerprint Examiner’s Proficiency Test
One wrong match could send an innocent person to prison or see a killer go free. But it doesn’t take much to qualify as an expert.
US stocks retreat from records on greater trade tension
WEST NEW YORK, Nov 29 — Wall Street stocks retreated from records early today on revived worries about US-China trade talks as retailer shares were mixed on the official start of the holiday shopping season. Analysts pointed to increased US-China trade friction as Beijing threatened unspecified...
The Liveris Formula: Dow’s Inclusive Capitalism
Parasites have a certain weight in history. Donors to a system, a state, a company, always claim to be giving back what they advertise as their hard earned cash. Andrew N. Liveris is one such character. Former CEO of the Dow Chemical corporation, he is a face associated with a company that was responsible for manufacturing the defoliating Agent Orange and napalm.
6 signs you probably need a financial adviser, even if you think you don't
If you don't have someone managing your money and you don't know how to do it yourself, it's harder to reach long-term goals like retirement.
OYO's valuation continues to soar despite losses; hovers near $10-bn mark
The losses have reportedly mounted due to the rise in operating expenses fuelled by the company's aggressive expansion in overseas markets
Wooden relic of Jesus’ manger returned to Jerusalem
JERUSALEM — Christians on Friday celebrated the return to the Holy Land of a tiny wooden relic they believe was part of Jesus’ manger nearly 1,400 years after it was sent to Rome as a gift to the
French lawmakers look to ban Black Friday over environmental concerns
Protesters in France have blocked an Amazon warehouse south of Paris citing concerns that the Black Friday shopping holiday negatively affects the environment.
Inheritance should be a windfall, not part of retirement plan, experts say
'The difficulty with inheritance is: you don't know at that point in time what's going to happen,' said Tony Maiorino, head at RBC Wealth Management Services
MTAA Super and Tasplan to merge in a $23 billion superannuation deal
The industry superannuation sector will see the arrival of a $23 billion giant with the merger of MTAA Super and Tasplan Super from October 1 2020.
Extinction Rebellion targets Black Friday
Protest draws a crowd outside the JSE
The wealth gap is one of the defining issues in the US right now, but proposals that punish the wealthy could be focusing on the wrong part of the problem
A wealth tax could have cut Jeff Bezos’ fortune in half and made Bill Gates $US61 billion less rich, but it might not do anything to make the economy feel more fair to the middle class, Bloomberg columnist Noah Smith argued in a recent column.
Tory minister rules out immigration powers being devolved to Scotland
A senior Conservative Cabinet minister has dismissed the latest call from the SNP for immigration powers to be devolved to Holyrood once the UK leaves the EU.
EU's new Green Deal slammed as 'half-baked' before launch
Greenpeace have accused the incoming European Commission of Ursula von der Leyen of preparing draft new climate and environmental laws whose measures are "too weak, half-baked or missing altogether".
Global startups further expand Turkish software exports
Many global startups based in Turkey and operating in sectors as varied as cybersecurity, gaming, entertainment, health and financial technology, are making a marked contribution to the country's exports and the nurturing of well-trained human resources
Black Friday iRobot sales discount multiple models, including Roomba 960 for $250 off
Roomba is perhaps the most well-recognized brand in the world of robotic vacuums and for good reason; its vacuums are some of the most well-performing on
Buffett outbid by private equity in Berkshire's big deal hunt
Warren Buffett has frequently touted his Berkshire Hathaway Inc. as a home for businesses away from what he said was the debt-fueled, quick-turnover appetite of private equity firms. But the Berkshire name wasn’t enough for Tech Data Corp.
President Akufo-Addo expected to cut sod for commencement of Pwalugu Dam
news, story, article
Fears Kerry bus and cark park will ruin picturesque village
The project has already received approval for significant Government grant aid – but without proper consultation with businesses and locals, a council area meeting heard in Killorglin.
Niall McGarry steps down as Irish chief of Maximum Media
Founder of Maximum Media, Niall McGarry has stepped down from his executive role within the Irish branch of the company over controversies
High-level visits, new projects to promote Turkish-Hungarian relations further
Enhancing their relations to a strategic level in 2013, Ankara and Budapest have greatly developed bilateral ties and initiated many projects, the Hungarian ambassador to Ankara said
The wealth gap is one of the defining issues in the US right now, but proposals that punish the wealthy could be focusing on the wrong part of the problem, Business Insider - Business Insider Singapore
Business Insider - captionDemocratic presidential candidate, Sen. Elizabeth Warren (D-MA) speaks to her supporters after officially filing to be on the ballot for the New Hampshire state primary at the State House on…. Read more at businessinsider.sg
Tracking David Abrams' Abrams Capital Management Portfolio - Q3 2019 Update
David Abrams' 13F portfolio value decreased this quarter from $3.68B to $3.57B. The number of positions increased from 19 to 20.Abrams Capital Management added Altaba while increasing Teva Pharmaceuti
5,000 substandard gas cylinders worth N51.3m destroyed by SON
The Standard Organisation of Nigeria (SON) on Friday destroyed over 5,000 substandard Liquefied Petroleum Gas (LPG) cylinders worth N51.3 million.
Economy set to grow at much faster pace: P. K. Mishra
Mr. Mishra, however, acknowledged that in recent months India had witnessed a slowdown in growth.
Latest AirPods Drop to Insanely Low Price of $129 for Black Friday [Limited Stock Only]
Get on the AirPods 2 bandwagon by spending just $129 this Black Friday 2019. This deal is valid today only.
NUM demands probe into Eskom over failure to make profit | IOL News
The National Union of Mineworkers has called for an independent audit on power utility Eskom to probe why it repeatedly fails to post profits.
Forex reserve hits fresh record high of $449 billion
In the previous week, the reserves had increased by $441 million to reach $448.249 billion.
Minister introduces legislation to extend minimum expiry period of gift vouchers
Minister for Business, Enterprise and Innovation Heather Humphreys is to bring in new rules around the sale and use of gift vouchers to improve consumer rights in the area.
BMW, Great Wall to build new China plant for electric cars
BMW and its partner Great Wall Motor said they plan to build a plant in China with a capacity of 160,000 cars per year, and which will produce ...
Timeline: Twists and turns in Mediaset vs Vivendi TV drama
(Reuters) - Italian broadcaster Mediaset (MS.MI) and shareholder Vivendi (VIV.PA) were negotiating on Friday to find a way to end a three-year legal battle after all-night talks failed to produce a breakthrough, sources said.
The Echo Show 5 is on sale for just $50, making it one of Black Friday's best smart home deals
At its retail price of $90, the Echo Show 5 is already an incredible value. For just $50 during Black Friday, it's a must-buy for anyone interested in smart home tech.
Canada: GDP masks sharp improvement in Canadian business investment for Q3 – TDS
Commenting on Friday's Gross Domestic Report from Canada, "GDP growth was in line with market expectations, with the Canadian economy growing 1.3% (an
Costco’s best Black Friday deals include discounts on Dell XPS 13 and Apple Watch Series 5
You don’t need a membership for every deal
Warren Buffett gets outbid by private equity amid Berkshire's 'elephant-sized' deal hunt
While Buffett is still on the prowl, he may not be willing to outbid private equity firms flush with money
Minister: Creche operators were aware of fire safety regulations before now
Childcare operators have said they are not prepared for new fire safety regulations and inspections at creches, but the Minister for Children Katherine Zappone has said they were aware of them before now.
GOP Sen. Cotton on Peace Talks with Taliban: We Need Them to Work with Us | Breitbart
Friday on "Fox & Friends," Sen. Tom Cotton (R-AR) weighed in on the peace talks with the Taliban, which President Donald Trump revealed on Thursday | Clips
I would now vote to leave the EU, says oil tycoon Sir Ian Wood
The businessman and philanthropist voted to remain in 2016 but said the UK could be ‘better off’ outside of the bloc.
Forex kitty continues to move up, closes in $449 billion mark
India Business News: Foreign exchange reserves continued the upward move, gaining by a modest $347 million to touch a new high of $448.6 billion in the week to November 22
Angela Merkel Says Freedom of Speech Must be Curtailed to Keep Society Free
Wait, what?
Election polls aren’t broken, but they still can’t predict the future
Swing voters, skewed samples, and more have always limited the ability to pick a winner
Most fund managers since 2011 see South Africa equities as cheap
More fund managers also see local bonds as undervalued, survey shows.
Dangote Sugar Refinery: Revenue recovers but cost pressures remain
Dangote Sugar in its recently released 9M 2019 financials reported a marginal y/y growth in revenue to N117.4 billion in 9M 2019.
Swedish brand H&M tests clothing rental service
Hennes & Mauritz AB is testing out a clothing rental service as the fashion industry faces mounting criticism for waste and pollution. Consumers can rent garments for 350 kronor ($37) a week i
GRAINS-Chicago soybean prices slip as U.S.-China tensions grow
* U.S.-China talks shift to Shanghai this week* Wheat underpinned by declining outlook for Russia's crop* No deliveries against CBOT December wheat or corn contracts (Recasts with U.S. trading, adds quotes, updates prices, changes dateline from LONDON)By P.J. HuffstutterCHICAGO, Nov 29 (Reuters) - Chicago soybean futures slipped on Friday with the market closely watching for updates on U.S.-China trade talks, and traders less than impressed with a jump in recent soybean export sales between the two countries.
Buffett outbid by private equity in Berkshire’s big deal hunt
Apollo Global Management tops Berkshire's share bid for technology distribution company.
Biz EOD: GDP growth slows down to 4.5%; RBI may cut repo rate; Fiscal deficit of 3.9% realistic, says Uday Kotak
Catch the top stories from the world of business and economy with BusinessToday.In's end of day (EOD) report
German Amazon workers strike on 'Black Friday'
More than 2,000 Amazon workers in Germany walked off the job as the US online retailer kicked off its
Black Friday 'ruined' by NatWest banking outage, customers complain, after it leaves them unable to access accounts
Black Friday was "ruined" by a Natwest banking outage, customers have complained after being unable to access their bank accounts.
Smurfit boxes clever on recycling and sustainability
In Paris to receive a business award, Tony Smurfit talks about sustainable packaging, Brexit and France
I would now vote to leave the EU, says oil tycoon Sir Ian Wood
The businessman and philanthropist voted to remain in 2016 but said the UK could be ‘better off’ outside of the bloc.
A long forgotten Canadian discovery used to treat superbugs
A cystic fibrosis patient infected with a dangerous superbug has become one of the first Canadians to try phage therapy -- inhaling viruses found in sewage to kill the bacteria in her lungs. The experimental treatment, discovered in Canada over a century ago, may become a new weapon in the war against drug resistant bacteria.
FinMin's claim of slowdown having bottomed out has analysts divided
Some analysts point to raw data available for the festive season and say any meaningful recovery is still to come
Britain's Ocado signs technology partnership with Japan's Aeon
British online grocer Ocado has signed a technology partnership with Japan's Aeon to help the retailer establish an online business, its first ...
PAGASA warns ‘Tisoy’ could follow same track of deadly typhoons Glenda, Reming
The Philippine Atmospheric, Geophysical and Astronomical Services Administration (PAGASA) said that the approaching typhoon will follow a track similar to typhoons Glenda and Reming which left hundreds of people dead in 2014 and 2006, respectively.
Parts of US brace for heavy snow as storm system to bring 'weather hazards'
Plains region could see severe thunderstorms and tornadoes as dangerous weather has disrupted Thanksgiving travel
Logitech Black Friday racing wheel set deal from Amazon will recreate the thrill of the race in your living room
Hand-stitched leather handles and pressure sensitive pedals for maximum authenticity
Here’s everything we know about WeWork’s layoffs and next steps as the co-working giant looks to right itself
Here’s everything we know about what’s going on inside WeWork:
Stock markets tread water as all quiet on trade war front
LONDON, Nov 29 — Stock traders found little to get the pulse racing today as the trade war front was eerily quiet and Thanksgiving sapped global trading volumes. “It’s been quite the forgettable week and I don’t think today is going to be any more memorable,” said Craig Erlam, Senior...
Turkey works on strategy to expand high-tech product exports
The government aims to increase Turkey's exports of high-technology products around the world as innovation and research and development, coupled with qualified human resources, are the new criteria for economic growth
Black Friday 2019: Apple AirPods For $99 (Yes The 2nd Gen)
Apple just released its brand new AirPods Pro, which means this Black Friday you can pick up the regular second gen AirPods (which are still excellent) at a bargain. But you gotta be quick....
The wealth gap is one of the defining issues in the US right now, but proposals that punish the wealthy could be focusing on the wrong part of the problem
A wealth tax could have cut Jeff Bezos' fortune in half and made Bill Gates $61 billion less rich, but it might not do anything to make the economy feel more fair to the middle class, Bloomberg columnist Noah Smith argued in a recent column.
Commissioner James O’Neill as He Exits NYPD: ‘We’re Going to Have to Speak the Truth’
Drew Angerer/GettyNo decision seems to have defined the tenure of NYPD Commissioner James O’Neill more than firing of Daniel Pantaleo, the plain clothes officer captured on video putting his arm around the neck of Eric Garner as he repeatedly pleads, “I can’t breathe.” Garner’s death at the hands of
GDP Growth Rate: Deeply Worrying, Says Manmohan Singh; Will Pick up From Next Quarter, Claims Ministry
Many industrialists tell me that they live in an atmosphere of fear in our society today, former PM Manmohan Singh said denouncing Centre's economic policies
TS man back home after 3-year Gulf ordeal
40-year-old from Nizamabad spent three months in jail for overstaying in Saudi Arabia
Time dotCom 3Q net profit rises as revenue improves
KUALA LUMPUR (Nov 29): TIME dotCom Bhd’s third quarter net profit grew 3.77% to RM82.99 million or 14.19 sen per share, from RM79.98 million or 13.71 sen per share a year earlier, on the back of higher revenue.The telecommunication company also attributed the higher earnings in the quarter ended Sept 30, 2019 to a rise in interest income to RM2.5 million from RM1.8 million previously, a net write back of construction deposit of RM700,000 and an increase in share
Huawei to challenge FCC decision on government subsidy program - WSJ
Huawei Technologies has decided to challenge a U.S. Federal Communications Commission (FCC) decision barring U.S. rural carrier customers from ...
Another blow for Georgiou
SCA dismisses an appeal against a high court decision ordering him to honour an HS buyback agreement.
I would now vote to leave the EU, says oil tycoon Sir Ian Wood
The businessman and philanthropist voted to remain in 2016 but said the UK could be ‘better off’ outside of the bloc.
If You're a Solo Entrepreneur in a Blue State, Get Politically Aware Right Now to Save Your Business
The problem isn't unions and employee status so much as it is a rush that might not make distinctions.
Green is the new black! Kilkenny launches shop local Green Friday Campaign
Say goodbye to Black Friday and hello to Green Friday by buying Irish brands and products on November 29, urges a leading Irish retailer. Green Friday is an initiative led by Marian O’Gorman of ...
Intel turns to Samsung for help keeping up with AMD, rumor claims
Intel is struggling with making enough CPUs, and will continue to struggle – so has enlisted help from Samsung.
Florida woman loses nipples, nearly dies after botched plastic surgery abroad
She said she thought the procedures would be liberating, but now all she feels is ashamed.
Survey: AMD CPUs preferred by 60% of Europeans
When asked about the next desktop processor they intended to buy, the 10,000 respondents who take part in the survey expressed a preference for AMD, with 60 percent choosing the company over Intel.
SKP Resources 2Q net profit falls 11.4%
KUALA LUMPUR (Nov 29): SKP Resources Bhd saw its net profit fall 11.4% year-on-year to RM24.91 million or 1.99 sen per share in its second quarter ended Sept 30, 2019, from RM28.1 million or 2.25 sen per share previously.This was despite a 2% rise in revenue to RM486.86 million from RM477.23 million, the electronics manufacturing services provider’s stock exchange filing today showed.This brings SKP Resources’ first-half net profit to RM43.4 million, down 19.5% from RM53.94 million in the preceding
GDP data: All three engines driving economic growth are stalling
While the concerted decline in economic drivers calls for multi-pronged efforts to arrest it, stimulus measures so far have focussed mainly on an investment revival