Economy 736
Appreciate Group (LON:APP) Earns Buy Rating from Liberum Capital
Liberum Capital reaffirmed their buy rating on shares of Appreciate Group (LON:APP) in a research note published on Tuesday morning, ThisIsMoney.Co.Uk reports. LON:APP opened at GBX 63.50 ($0.84) on Tuesday. The stock’s 50-day moving average is GBX 59.79. The company has a market cap of $118.33 million and a P/E ratio of 12.96. The company […]
Facebook's Zuckerberg wants 'new framework' for digital tax
Facebook founder and CEO Mark Zuckerberg on Friday backed moves by the OECD group of free-market economies to reform the way online giants are taxed worldwide, even if that means companies like his own ...
ASOS PLC/ADR (OTCMKTS:ASOMY) Lifted to “Buy” at Berenberg Bank
Berenberg Bank upgraded shares of ASOS PLC/ADR (OTCMKTS:ASOMY) from a hold rating to a buy rating in a research report released on Monday, The Fly reports. A number of other research firms also recently issued reports on ASOMY. ValuEngine downgraded shares of ASOS PLC/ADR from a buy rating to a hold rating in a report […]
Open to bringing tweaks to budget and take steps beyond it, says FM Nirmala Sitharaman
Experts tell the Finance Minister that a Budget proposal could affect the demand for REITs and InvITs in India
Royal Bank of Scotland is changing its name to NatWest
The bank's chief executive announced the decision to rebrand while reporting a surge in profits.
Govt STOPS Printing Ordinary Passports, FOCUSES On Emergency And Diaspora Passports
The government has revealed that is has stopped printing ordinary passports because they are not feasible economically at the moment
Cleanliness of wet markets only at 40pc, says minister
PASIR PUTEH, Feb 14 — The cleanliness level of most wet markets in Malaysia hovers around 40 per cent, said Housing and Local Government Minister Zuraida Kamaruddin. In view of this, she called on traders and customers to change their attitude and habits, especially...
Cashed up super funds hunt for buying opportunities
Unisuper and Hostplus say they are sitting on elevated piles of cash and any major sell-off in equity markets sparked by the coronavirus will come as a buying opportunity.
IndusInd Bank hits over 3-year low; tumbles 11% in six sessions
The private sector lender's stock was trading at its lowest level since January 10, 2017
Renault slashes dividend as Nissan income falls 84%
Carmaker, which owns 43% of Nissan, saw full-year profit miss estimates after sales fall
Burberry Group (LON:BRBY) PT Lowered to GBX 2,600 at Credit Suisse Group
Burberry Group (LON:BRBY) had its target price reduced by Credit Suisse Group from GBX 2,650 ($34.86) to GBX 2,600 ($34.20) in a report issued on Monday morning, Stock Target Advisor reports. They currently have an outperform rating on the stock. A number of other equities research analysts also recently weighed in on the stock. Deutsche […]
'Almost a mass psychosis': Tesla's 250% stock rally makes no sense, Bob Lutz says
Bob Lutz has no idea why Tesla stock has rocketed more than 250% in six months.
HKTDC Helps SMEs Amid Unprecedented Challenges
HKTDC Chairman Dr Peter K N Lam said Hong Kong has experienced unprecedented challenges over the past year, affecting the local political, economic and social landscape, as well as people's livelihood. Given that Hong Kong's economic outlook is already subdued because of the ongoing Sino-United States trade dispute, the weak global economy and the local social unrest over the past months, the impact of the current coronavirus outbreak could be higher than that of SARS (Severe acute respiratory syndrome) in 2003, further weakening demand in retail and catering and affecting the job market in the first half of this year.
Van Nuys has most dangerous intersection in LA, study says
The most dangerous intersection in Los Angeles saw 47 traffic collisions in 2019.
Wirecard quarterly profit strength meets expectations
BERLIN (Reuters) - Payments company Wirecard reported strong quarterly results in line with analyst expectations on Friday and reiterated guidance for core profit growth of 34% this year.
Asian plane makers struggle to take off in crowded market
Asian plane makers have thrown huge sums at building jets but flagship projects have suffered repeated setbacks, and they face a tough time breaking into a market dominated by established players.
NVIDIA Financial Results Fourth Quarter and Fiscal 2020 - Positive Forecasts Despite Coronavirus
NVIDIA today reported revenue for the fourth quarter ended Jan. 26, 2020, of $3.11 billion, up 41 percent from $2.21 billion a year earlier, and up 3 percent from $3.01 billion in the previous quarter...
India's 2020-21 pulses import may fall by 50% if government doesn't extend import quotas, says IPGA
As Indian government struggles to support the domestic pulses farmers who are getting non-remunerative prices due to the second consecutive year of bumper production, trade body Indian Pulses and Grains Association (IPGA) has claimed that large scale smuggling of pulses from neighbouring countries is hurting the interests of domestic farmers and traders.
Passenger traffic ebbs at Vietnam airports over novel coronavirus fears - VnExpress International
Vietnamese airports have seen 20 percent less passenger traffic over the last year as fear of novel coronavirus keeps foreigners away.
Oil: Energy sector up – ANZ
Crude oil was able to shift pressure and the market looks like convenient with the latest news about coronavirus. WTI trades at $51.75, ANZ Research r
Valentine's Day campaign highlights "darker side" of dating
Nearly four-in-ten young women in Ireland have been emotionally abused by a partner, according to...
Mike Ashley’s Frasers Group adds name to business rates letter
More than 50 retailers wrote to the Chancellor this week demanding changes to transitional relief.
EU Judge Raises Prospect of Increasing Multibillion Fine Against Google
Alphabet's appeal against a multibillion-dollar fine for alleged anticompetitive behavior by its Google unit risks backfiring after a European Union court floated the prospect of increasing the fine (Warning: source paywalled; alternative source), rather than scrapping it. The Wall Street Journal re...
Teen Falls from Isla Vista Balcony
Santa Barbara County Firefighters responded to a report of someone falling from a balcony in Isla Vista on Thursday evening.
Why business community isn’t happy with govt amid virus crisis
At the beginning of this month, the Hospital Authority (HA) claimed that its stock of protective gear for frontline healthcare workers was enough to meet the requirements for at least 90 days. Nevertheless, Dr. Deacons Yeung Tai-kong, HA’s cluster services director, suggested otherwise recently, as he said that given the dramatic upsurge in usage, particularly…
Alia Bhatt’s legendary father blames BJP, pliable media for manufacturing Islamophobia in India, Javed Akhtar calls Narendra Modi fascist
Alia Bhatt's legendary filmmaker father Mahesh Bhatt has blamed BJP and pliable media for manufacturing Islamophobia in India.
Reliance Jio, Airtel and Vodafone's yearly prepaid plans will help you save money: Here's how
Despite the price hike in December, the companies have not lessened the benefits and it has only gotten better.
The Reserve Bank of India can’t counter food inflation without factoring in extreme weather events
What’s behind the rising price of onions in every alternate year since 2013? Climate change.
Coronavirus: India Inc will shiver if China can't contain outbreak
Efforts to contain the coronavirus outbreak within next three to four months will be critical as it would determine the fate of many industries around the globe, including in India.
Basf (ETR:BAS) Given a €68.00 Price Target at UBS Group
UBS Group set a €68.00 ($79.07) target price on Basf (ETR:BAS) in a report published on Monday morning, Borsen Zeitung reports. The brokerage currently has a neutral rating on the basic materials company’s stock. BAS has been the topic of a number of other research reports. Credit Suisse Group set a €66.50 ($77.33) price objective […]
Facebook’s Zuckerberg wants ‘new framework’ for digital tax
Facebook founder and CEO Mark Zuckerberg on Friday backed moves by the OECD group of free-market economies to reform the way online giants...
Cruise industry avoids Asia as it seeks to limit coronavirus risks
Many cruises in the region are being cancelled while others currently sailing are being re-routed, skipping originally scheduled stops in China, Hong Kong and Singapore
Analyzing Piper Sandler Companies (PIPR) & Its Competitors
Piper Sandler Companies (NYSE: PIPR) is one of 36 publicly-traded companies in the “Security brokers & dealers” industry, but how does it contrast to its competitors? We will compare Piper Sandler Companies to similar companies based on the strength of its dividends, institutional ownership, analyst recommendations, profitability, earnings, valuation and risk. Profitability This table compares […]
Is the coronavirus epidemic China’s ‘Chernobyl moment'?
"It is a system that turns every natural disaster into an even greater man-made catastrophe."
TSX inches higher
Canada's main stock index resumed its upward trend in late morning trading despite decreases in the key energy and materials sectors.
"Oversold" Pound Sterling finds Buying Interest
It was a sea of green for the British Pound on the global currency performance board at the start of the new week as it rallied against the majority of its peers and confirmed that while there is much anxiety over looming trade negotiations
Exclusive: Scope Markets Joins Your Bourse’s Liquidity Network
Online trading provider Scope Market announced on Friday the joining to the network of Your Bourse Liquidity Hub partners.
Sinclair ranked fourth among Ohio community colleges, study says
DAYTON — A recent study conducted by Schools.com, a source that connects students to degree academic programs, ranked Sinclair College as the No. 4 top community college out of 23 of Ohio’s community colleges.
Compass Group (LON:CPG) Price Target Raised to GBX 1,800
Compass Group (LON:CPG) had its price objective lifted by Goldman Sachs Group from GBX 1,700 ($22.36) to GBX 1,800 ($23.68) in a research report released on Monday, Stock Target Advisor reports. They currently have a sell rating on the stock. A number of other research firms also recently weighed in on CPG. UBS Group reaffirmed […]
Zambia banks reap record profits from government debt
Stanbic posted a profit before tax and costs of 1.72bn kwacha last year.
DMart OFS: Non-retail quota subscribed 3.4 times
Radhakishan Damani and other promoters of Avenue Supermarts would be selling 2.28 per cent stake or 1.5 crore shares of the company in a Rs 3,500-crore deal.
Fresh talks over ‘superschool’ to prevent Invergowrie pupils from 20-mile trip to school
Education bosses from Perth and Kinross Council are hoping to bring plans for a new cross-boundary "superschool" back to the table.
Zuckerberg accepts Facebook may pay more tax outside U.S. - Politico
MUNICH — Facebook Chief Executive Mark Zuckerberg accepts that global tax reforms mean the social networking giant may have to pay more taxes outside of the United States, Politico reported, citing excerpts of a speech he is due to give on Saturday.
Shore Capital Reaffirms Buy Rating for Frontier Developments (LON:FDEV)
Shore Capital restated their buy rating on shares of Frontier Developments (LON:FDEV) in a research note published on Tuesday, Digital Look reports. Other analysts also recently issued research reports about the stock. Citigroup reissued a buy rating on shares of Frontier Developments in a report on Tuesday. Berenberg Bank reissued a buy rating and set […]
Arbroath group defends £22k spend on arch and omitting local firms from building it
Arbroath Community Council has defended its £20,000-plus spend on a high street welcome sign in the wake of a storm over the outlay and design of the town centre structure.
Mike Ashley's Frasers Group joins calls for business rates reform
Mike Ashley's Frasers Group has said that with the British high street on "life support" the Treasury must take action on business rates reform.
Bitcoin Mining Stock Surges as Chinese Economy Falters
The economic fallout from the Coronavirus is starting to be felt across the world. China’s economy has been the hardest hit but contrary to wider market
Datacom Announces Appointment Of New Chair
Datacom Group is pleased to announce Tony Carter’s appointment as the new chair of the board following the retirement of current chair, Craig Boyce.
RBS to slash investment bank, rebrand as NatWest
Royal Bank of Scotland’s new chief executive Alison Rose unveiled a new strategy for the taxpayer-backed bank on Friday, including radically cutting back the size of its loss-making investment bank and renaming the company NatWest, Reuters reports. Rose, the first woman to lead one of Britain’s major banks, is hoping a rebrand will help shift…
RBS profit surges, as bank’s new CEO sets climate goal
LONDON, Feb 14 — Royal Bank of Scotland today said its net profit almost doubled last year to £3.1 billion, as new chief executive Alison Rose placed climate at the top of her agenda. Rose said in the earnings statement that she planned also to roughly halve the size of the Edinburgh-based...
Rand firmer after Ramaphosa’s speech
The rand was subdued following the delay caused by the EFF.
Hunt on for ‘patient zero’ who spread Covid-19 globally from Singapore
SINGAPORE, Feb 14 — As lion dancers snaked between conference room tables laden with plastic bottles, pens, notebooks and laptops, some staff from British gas analytics firm Servomex snapped photos of the performance meant to bring good luck and fortune. But the January sales meeting in a luxury...
EU judge suggests Google fine should be higher
Internet giant has been fined €2.42 billion for favoring its own shopping services over rivals.
Ghana raking more benefits after receiving flights for other countries due to poor visibility caused by unexpected harmattan
Ghana has begun raking some benefits after receiving aircraft bound for other West African countries but could not land there due to the harmattan haze.
IOB to focus on MSME, will increase lending to Rs 50,000 cr: Official
Laying more focus on MSME segment, IOB would increase its lending to the sector from the present Rs 31,000 cr to Rs 50,000 cr in a couple of years from now.
Coronavirus And Credit - A Perfect Storm
This article posits that the spread of the coronavirus coincides with the downturn in the global credit cycle, with potentially catastrophic results.The credit crisis was already likely to be severe,
An inside look at the debate around pandemic bonds, which have $425 million hinging on how deadly the coronavirus ends up being
A group of unique bondholders will either reap massive profits or lose hundreds of millions of dollars as the coronavirus outbreak escalates.
UK PM Johnson spokesman: Sunak reminded cabinet they need to find 5% budget savings
Newly appointed Chancellor of the Exchequer, Rishi Sunak, has reminded cabinet minister that they need to find 5% budget savings, British Prime Minist
The think tank behind Australia's changing view of China
The Australian Strategic Policy Institute has played a central role in the breakdown of consensus on Beijing. Its critics accuse it of fomenting hysteria.
Contracting Is Not A "problem" That Needs "solving"
Roger Partridge - Chairman
Hitting the target: business tries to break the deadlock on climate
Growing support for a net zero emissions target is heaping pressure on the government and Labor to adopt more ambitious climate policies.
Renault reports net losses of 141 million euros in 2019
Renault said its outlook for 2020 was bleak with a fresh fall in operational profitability, a statement said Friday.
U.S. January core retail sales unchanged; December revised down
Sales at clothing stores declined by the most since 2009
3 Small-Cap Stocks With Big-Cap Potential
You may wish you had bought Axos Financial, Telaria, and Yext now if they hit their upside potential later.
Storm Dennis: Scottish weather warning upgrades to amber with 'danger to life'
Heavy rain and strong winds are expected to blast the country for the remainder of this week as storm Dennis hits.
FM Sitharaman says the govt is open to tweaking inside and outside Budget for economic growth
irmala Sitharaman said the immediate feedback to the Union Budget has been motivating, as it has had a 'positive impact' on the currency, bond and equity markets.On the REITs and InvITs, the Finance Minister said she wanted to hear the views of the economists and other tax experts on the Budget
The inside story of a gas deal gone bad
ASX-listed Horizon Oil went from challenging a strongman in PNG to ignoring corruption warnings and paying a shell company $US10.3 million.
UK Approves Large-Scale Internet Censorship
Government mandating an outside body to act as a new 'Ministry of Truth'
China's securities regulator to ease refinancing rules to help companies fight coronavirus
China Securities Regulatory Commission (CSRC) has announced that it will be easing refinancing conditions to help listed companies fight the coronavir
SilverCloud On How FIs Can Offer SMBs A ‘Consumer’ Banking Experience
SilverCloud CEO Scott Cornell tells PYMNTS how forward-thinking FIs can bring digital tools that improve consumer relationships to their corporate customers.
Banks' loans rise over 7% in two weeks to January 31: RBI report
Non-food credit rose Rs 1.02 trillion to Rs 100.24 trillion
4 of the biggest news pieces from the ASX200 this week
These were 4 of the biggest news items from the ASX 200 (ASX:XJO) this week. Read how this affected these individual companies.
2014 Bloomberg Hoped the NSA Was “Reading Every Email”
Katie Couric asked Mike Bloomberg whether he had ever “sexted on Snapchat.” The question prompted him to describe his views on data collection and privacy.
IOC face 'big communications job' as virus jitters hit Tokyo Olympics
Tokyo organizers have slammed
ASIC sends a message about takeover laws
Takeover law is a high-stakes game, and the criminal charges levelled against Jan Cameron show the regulator clearly wants to make a strong point.
HCB Financial: A Modestly Overvalued Bank
HCB Financial is a solid community bank serving an area in southwestern Michigan.A conservative loan portfolio, however, offsets a remarkably low cost deposit base to limit the company's net interest
Exports contract for 6th straight month, drop 1.66 per cent in January; trade deficit widens
Shipments of petroleum products, plastic, carpet, gems and jewellery, and leather products contracted by 7.42 per cent, 10.62 per cent, 5.19 per cent, 6.89 per cent, and 7.57 4 per cent, respectively, in January. Imports also fell for the eighth consecutive months, down 0.75 per cent to USD 41.14 billion in January, widening the trade deficit to a seven-month high of USD 15.17 billion, according to the government data released on Friday.
IOC face 'big communications job' as coronavirus jitters hit Olympics
Olympic chiefs admit they face a "very big communications job" to soothe concerns over the coronavirus epidemic
Weight loss drug Belviq pulled from market over FDA cancer risk concerns
The prescription medication has been in clinical trials that the FDA say show patients could get cancer.
Nurturing violent actors a dangerous policy: Pak media after Hafiz Saeed's conviction
Prominent Pakistani newspapers on Friday said there is a growing realisation within the government and security establishment that nurturing violent actors like Hafiz Saeed was a dangerous policy and the time has come to put an end to their
The Pixel 4 and 4XL are Bargains in Currys' Valentine's Sale
Whether or not you've got someone buying you sugary things and beheaded flowers this Valentine's Day, Currys PC World is thinking of you.
Nvidia shares surge on signs of machine learning boom
Shares of Nvidia Corp rose 6% on Friday after the chipmaker stunned analysts with strong quarterly results and joined rivals Intel Corp and Advanced Micro Devices Inc in predicting strong demand for chips used in the latest generation of data centers and AI.
A large Swiss chocolatier that works with Hershey and Nestlé says it's rolling out 3D printed chocolate to the masses
Hotels, restaurants, and coffee chains could soon start offering customized 3D printed chocolate to customers.
Europe wants G20 to make taxing digital giants top priority this year
Finance ministers and central bank governors of the world’s 20 biggest economies meet on Feb. 22-23 in Riyadh
AMP embarks on 'whole of wealth' cross-sell
The strategy unveiled by the AMP CEO has seen Bell Potter put a Buy recommendation on the stock for the first time in four years.
Deputy proposes ban on sale of plastic bags
THE sale of plastic bags in Jersey could be banned by next year if the States approve proposals lodged by a backbencher.
Total considers stopping fuel oil sales for power: CEO
ABERDEEN, Scotland (Reuters) - France’s Total (TOTF.PA) is considering stopping sales of fuel oil to power markets as the energy giant seeks to reduce its carbon footprint and grow its renewable power business, its chief executive told Reuters.
Dawood Ibrahim could be involved in match-fixing scandal in 2000: ACP Ishwar Singh
ACP Ishwar Singh was the first to be deployed in the anti-extortion cell of the Delhi Police in 2000.
British bank RBS changes name in evolution to 'purpose-led' operation
Feb. 14 (UPI) -- The Royal Bank of Scotland announced Friday it will change its name to the NatWest Group later this year as part of a shift to become a "purpose-led" operation -- and distance itself from scandals related to a major bailout more than a decade ago.
Zespri welcomes successful defence of IP rights of kiwifruit growers
Zespri has welcomed the successful result of legal action taken against a former kiwifruit grower who took Zespri’s protected plant material to China where it has continued to spread, as well as the awarding of almost $15 million in damages.
IndiGo to start daily direct flight on Delhi-Dammam route from March 10
The airline will now operate a total of five daily direct flights connecting Dammam with Mumbai, Hyderabad, Kozhikode, Trivandrum and Delhi
Tesco rapped for ‘unlawfully’ blocking competition
Twenty three of the company’s 5,354 leases stopped competitors opening stores nearby, the competition watchdog found.
The Samsung Galaxy Z Flip Is Now Available For $1380
Samsung's second foldable smartphone, the Galaxy Z Flip, is now available for purchase. The Galaxy Z Flip is available from Samsung and Best Buy, Unlocked
Comment: Apple is wrong in the staff bag search case, and should fix it today
We learned yesterday that the California Supreme Court ruled against Apple in a bag search case: deciding whether or not the company has to pay ...
Is It Time To Say ‘Goodbye, Vodafone?’ Choice Is Government Takeover Or Bankruptcy
The political cost of offering huge bailouts can be high.
Syrian Army announces Aleppo-Damascus Highway is fully secured for first time in 9 years
BEIRUT, LEBANON (3:30 P.M.) – The Syrian Arab Army (SAA) has announced that the Aleppo-Damascus Highway (M-5) has been fully secured for the first time in nine years. READ ALSO: Syrian Army Captures Strategic Base in Southwestern Aleppo While reports earlier this week indicated that the Syrian Army was already in control of it, the SAA’s high command made the official announcement on Friday. According to a field source in the Aleppo Governorate, a Syrian military vehicle has already traveled the length of the highway, marking the first time any vehicle has been able to do this since the start of the Syrian War. The Aleppo-Damascus Highway is considered a major source of trade between southern and northern Syria, as the roadway links two of the Levantine nation’s two biggest cities.
An EU judge told Google it's landed on Monopoly's 'Go to Jail' square and reportedly threatened to increase its $2.6 billion antitrust fine, Business Insider - Business Insider Singapore
Business Insider - Google faced stinging criticism from an EU General Court judge as it fights a $2.6 billion antitrust fine first imposed in 2017.. Read more at businessinsider.sg
An inside look at the debate around pandemic bonds, which have $425 million hinging on how deadly the coronavirus ends up being, Business Insider - Business Insider Singapore
Business Insider - The World Bank called the bonds "a momentous step" in curbing disease, while a public health expert deems them "inappropriate and ineffective.". Read more at businessinsider.sg
An EU judge told Google it’s landed on Monopoly’s ‘Go to Jail’ square and reportedly threatened to increase its $2.6 billion antitrust fine
Google’s legal battle with the EU over antitrust fines has just gotten fierce.
South African Rand Risks Fresh Depreciation Despite SONA's Positives
The British Pound Sterling vs the South African Rand: Latest GBP/ZAR News and Analysis
Asia sees sharp decline in match-fixing, says AFC
"From 2016 we've witnessed a decline in match-fixing across Asia by 21% and with our efforts in tandem with Sportradar, the preventive measures we've introduced have produced positive results," Benoit Pasquier, AFC General Counsel and Director of Legal Affairs, told Reuters by email.
Abu Dhabi focuses on growing Saudi Arabian market to boost visits
Abu Dhabi focuses on growing Saudi Arabian market to boost visits
The Daily Chase: Rail blockade fallout continues; Canopy rallies as revenue surges
CN said yesterday it has begun an “orderly shutdown” of its network in Eastern Canada, which forced Via Rail to halt service on all but two of its routes across the country as blockades continue to impede rail traffic.
Tucker Carlson: Why the Roger Stone case should horrify you, whether you’re Republican or Democrat
Prosecutors want Roger Stone to serve nine years because they hate him and his politics.
US retail sales up a modest 0.3% in January
WASHINGTON — U.S. retail sales rose a modest 0.3% in January, a slight improvement over December, as unseasonably warm weather boosted sales at hardware stores and furniture stores.
Coronavirus Fears Gifts an Attractive Price for Qualcomm Stock
Although the coronavirus and declining China sales pose problems for QCOM, they could be temporary headwinds.
More people failed to pay property taxes in 2019: City of Regina
“The numbers are a little bit different from last year, a little bit higher.”
Tesla prices its second offering of stock at $767 apiece
Tesla priced its second offering of stock at $767 apiece Friday.
Virus-hit Hong Kong says it with face masks, not flowers
A manager at another store, who gave her name as Joyce, said her shop has had to reduce what they buy as customer interest wilts.
Research: Covid-19 could infect two-thirds of globe
AS THE number of Covid-19 coronavirus cases jumps dramatically in China, a top infectious-disease scientist warns that things could get far worse: Two-thirds of the world’s population could catch it.
Singapore teens behind viral 'How to spread Covid-19' video identified
SINGAPORE: The police on Wednesday said that they have identified two youths involved in filming a video in a supermarket in which one of them drinks from two unpurchased drinks and put them back on the shelf. The video has been circulating online.
Renault reports first net losses in decade for 2019
French carmaker Renault said Friday it went into the red last year for the first time in a decade on lower sales and a falling contribution from its Japanese partner Nissan.
Renault plans US$2.2b ‘no taboos’ cost cuts after first loss in a decade
PARIS, Feb 14 — Renault’s first loss in a decade triggered a no-taboos commitment to cut costs by €2 billion (RM9.1 billion) over the next three years from the carmaker today, as it tries to put the Carlos Ghosn affair behind it. As ex-Volkswagen brand manager Luca de Meo prepares to take...
Lakshmi Vilas Bank posts ₹334-cr loss in Q3
Our Bureau Private sector lender Lakshmi Vilas Bank (LVB) posted a net loss of ₹334 crore in the third quarter of FY20 when compared to the ₹373-crore net loss recorded in the same period the previous
World Bank questions Uganda’s growth with no jobs
Kampala, Uganda | THE INDEPENDENT | The World Bank has said Uganda should ask hard questions on why the country is growing but not creating enough jobs and people incomes remain stagnant. In the Economic update for Uganda launched on Thursday, the international lender said Uganda’s level of per capita income – that is money …
Warning of empty shelves
Sectors from retail to oil and gas are calling on governments to resolve a dispute with anti-pipeline protesters as a rail blockade enters its ninth day, extending railway shutdowns and threatening shortages of groceries, propane, drinking water and other goods.
Mandryk: Ready appointment another wise move by Moe gov't in FCL-Unifor dispute
Sometimes government wins by simply being seen as the voice of reason and the appointment of Vince Ready is infinitely reasonable.
Why fund management companies are surging on the ASX
Investing in fund management companies is back in favour after a year of uncertainty. Now the money managers are in the money.
Tokyo Olympics: Games on track, will monitor China athletes, say organisers
The coronavirus has infected almost 64,000 people globally with almost 1,400 deaths in China, but only one in Japan where fear is rising with so much attention focused on the outbreak
Trump administration postpones full ban on Huawei for another 45 days
Huawei will be able to continue buying from its American suppliers for 45 more days, thanks to the latest license extension by the U.S. Commerce Department.
Top White House official suggests China is not being 'honest' and has 'motives' in the coronavirus fight, as Beijing faces suspicion over how it records infections
China has altered some of its figures for how many people are infected by the coronavirus, adding to suspicion about how its handling the crisis.
Pound-Australian Dollar Exchange Rate Forecast to Remain Supported
The British Pound has advanced 0.60% against the Australian Dollar over the course of the past week in line with the broader push higher by Sterling, that leaves it the top performing major currency for the week ending February 14
Tesco rapped for ‘unlawfully’ blocking competition
Twenty three of the company’s 5,354 leases stopped competitors opening stores nearby, the competition watchdog found.
Biggest Family Offices Get Direct Access to Trading Desks
Family offices with assets of at least $1 billion are increasingly bypassing private bankers to deal directly with investment bank trading desks, a Citigroup Inc. executive said.
An inside look at the debate around pandemic bonds, which have $425 million hinging on how deadly the coronavirus ends up being
A group of unique bondholders will either reap massive profits or lose hundreds of millions of dollars as the coronavirus outbreak escalates.
Train derails in Penn Station tunnel, causing delays for rush-hour commuters
A work train derailed in a Pennsylvania Station tunnel, causing mass delays for rush hour commuters Friday morning.
Canopy Growth says more cost cuts coming as it reports $124M loss
Canopy Growth Corp. is planning further cost cutting as it works to achieve positive cash flow and profitability, the cannabis producer's new chief executive said Friday as it reported a $124.17-million loss in its third quarter of 2020.
GBP/EUR Update - Cabinet Reshuffle - CityAM
Reports over the weekend of tensions rising between the UK and the EU over trade negotiations meant that the pound got off to a shaky start this week.
The virus infecting Xi Jinping's leadership
An explosive essay denouncing the Communist Party's handling of the coronavirus is raising questions about whether Xi Jinping can survive the crisis.
It's how to hit climate targets that matters
Business has taken the lead in propelling Australia towards net zero carbon emissions by 2050.
10 things you need to know before the opening bell
This is what traders are talking about.
Exports decline by 1.66% year-on-year to $25.97 billion in January
Imports too declined by 0.75 per cent USD 41.14 billion, leaving a trade deficit of USD 15.17 billion during the month under review
India's forex reserves soar to record $473 billion, gold down by $218 mn
Expressed in dollar terms, the foreign currency assets include the effect of appreciation or depreciation of non-US units like the euro, pound and yen held in the foreign exchange reserves.
BPCL standalone profit zooms to ₹1,261 crore in Q3
State-owned Bharat Petroleum Corporation Ltd (BPCL) reported a standalone net profit of ₹1,260.63 crore in the October to December of FY20 from ₹495.14 crore a year ago mainly on the back of a margina
Tax Appeals Commission dismisses bank’s attempt to write off Revenue bill
Unidentified bank facing assessment of €1.4 million
Volkswagen offered 830-mn-euro settlement for German diesel cases
The mass lawsuit is one of the major legal hangovers from VW's 2015 admission to fitting 11 million vehicles worldwide with software to make motors appear less polluting in regulatory tests than in real driving conditions. While diesel buyers in the US have enjoyed generous buyback and compensation schemes, German drivers had so far gone uncompensated for the impact of the scandal, which has since spread to other carmakers.
Prosecutors get final word at Harvey Weinstein's rape trial in NYC
By the time prosecutors at Harvey Weinstein's rape trial give their closing argument on Friday, it will have been more than a week since jurors heard one of his accusers recount what prosecutors describe as a vile sexual encounter.
AZ revenues rise, but it says coronavirus could hit 2020
AstraZeneca’s new drugs powered a surge in revenues in 2019, but chief executive Pascal Soriot thinks the Covid-19 outbreak could weight on its 2020 performance.
Renault plans $2.2 billion 'no taboos' cost cuts after first loss in a decade
PARIS (Reuters) - Renault’s (RENA.PA) first loss in a decade triggered a no-taboos commitment to cut costs by 2 billion euros ($2.2 billion) over the next three years from the carmaker on Friday, as it tries to put the Carlos Ghosn affair behind it.
Lacking in Charm: Pit Viper Bit Famous Indian Snake Rescuer Who Is Now Under Watch for 72 Hours
New Delhi (Sputnik): A renowned wildlife conservationist from India, who has captured over 50,000 stray snakes, was rushed to hospital in the state of Kerala after a deadly pit viper bit him during a rescue operation.
US Intelligence Community Sees Crypto As a Threat to the Greenback
The U.S. Office of the Director of National Intelligence is seeking a researcher to model risk scenarios for how and why the dollar could lose its global supremacy.
IRS suggests game currencies are not taxable; tax experts say don’t believe it
A change to the IRS website suggests that game currencies are not taxable, despite an earlier statement that they are – but tax experts say ...
Americans to spend a record $27.4B for Valentine's Day, survey says
Feb. 14 (UPI) -- Americans are expected to set a record for Valentine's Day spending this year, according to a survey by the National Retail Federation.
HOURS of misery in coronavirus lockdown at Heathrow: Passengers tell how family of eight from Malaysia were screened off by staff in hazmat suits aboard one of EIGHT flights quarantined simultaneously
MailOnline understands a British Airways flight from Kuala Lumpur was held up on the tarmac for two hours after a passenger fell ill. Sources say delays at UK airports are happening regularly.
WTI climbs to fresh two-week highs above $52
The barrel of West Texas Intermediate (WTI) fell below the $51 handle on Thursday but recovered a large portion of its losses to close the day at $51.
You could be cheating on your taxes without realizing it. Here's how to tell.
Recent changes in tax laws eliminating or curtailing some long-time deductions and credits could turn ordinary taxpayers into inadvertent tax cheats.
A systemic approach to education, research and innovation in the EU
Mariya Gabriel, Commissioner for Innovation, Research, Culture, Education and Youth, describes a systemic approach to education, research and innovation
VN-Index dips, ending three-session gaining streak - VnExpress International
Vietnam’s benchmark stock market index slipped 0.08 percent to 937.45 points Friday, ending a three-session gaining streak.
Euro Buyers see Best Exchange Rate Since mid-December as Pound Sterling Boosted by Expectations for Increased Govt. Spending under Sunak
The British Pound has advanced against the Euro for six months in a row now and the momentum has taken the GBP/EUR exchange rate back up to 1.20
A large Swiss chocolatier that works with Hershey and Nestlé says it's rolling out 3D printed chocolate to the masses
Hotels, restaurants, and coffee chains could soon start offering customized 3D printed chocolate to customers.
Turkey ready to join CPEC projects, Erdogan says
--Turkish president calls for 'quickly increasing' Pak-Turk trade to $1bn and gradually raising it to $5bn--PM Imran promises to fully facilitate Turkish business community in joint ventures with
After Supreme Court rap, DoT orders telcos to clear dues immediately
The order by the DoT has asked telcos to clear dues by 11.59 pm Friday.
Post-floods, Kodagu is still longing to draw in tourists
While hoteliers lament fall in arrivals, some other stakeholders are satisfied
Blow to Bitcoin Bulls as Price Hits China FUD Level [Again]
Bitcoin was struggling to resume its explosive upside action on Friday as it felt the pressure from a so-called China FUD level. The offbeat
With profitability in mind, Renault plans slew of initiatives in India
The auto maker is also gearing up to bring a mass segment EV in India within the next two years
Coronavirus Will Not Stop The 2020 Geneva Motor Show
As one of the major events on the annual motoring calendar, the upcoming Geneva International Motor Show (G...
Indian banks' loans rise over 7% in two weeks to Jan 31: RBI
Outstanding loans rose ₹98926 crore ($13.86 billion) to ₹101.03 trillion in the fortnight to Jan. 31.Non-food credit rose ₹1.02 trillion to ₹100.24 trillion, while food credit fell ₹3,202 crore to ₹78,899 crore
What’s venture capital and why does it matter for startups?
The term 'venture capital' is often thrown about in the tech startup world, but do you know what it means and how it works?
Minister Vladislav Goranov: The Bulgarian Currency is Undervalued
The Bulgarian lev is undervalued, Bulgaria's Finance Minister Vladislav Goranov said, referring to econometric models for evaluating the exchange rates used by the IMF. Once again, Goranov has denied fears that the savings of Bulgarian citizens will melt after joining the eurozone and confirmed that the country will enter the eurozone with the same lev-euro exchange rate as it currently has.
Malaysia's modest GDP growth in line with neighbouring countries: Azmin
KUALA LUMPUR: Malaysia’s modest gross domestic product (GDP) growth of 4.3 per cent last year is considered better than some of its neighbours, said Economic Affairs Minister Datuk Seri Azmin Ali.
China’s virus crackdown leaves millions working at home
The China's government extended the Lunar New Year holiday to keep factories and offices closed. Cinemas, and other tourist sites shut down.
Emergency Management Southland Keeping Watch On Weather
This is an official message from Emergency Management Southland.
Exports dip 1.66% in January
The trade deficit was $15.05 billion in January 2019.Imports too declined by 0.75$ $41.14 billion, leaving a trade deficit of $15.17 billion during the month under review
Royal Bank of Scotland to be renamed after 293 years
The Government-controlled bank will become NatWest Group and agreed to a 5p-a-share special dividend after profits hit £4.2bn last year.
ICAO forecasts $4-5 billion hit to first-quarter airline revenue from virus
ICAO forecast global airline revenue could fall by $4bn to $5bn in the first quarter due to flight cancellations linked to the coronavirus
Star fund manager's bet on $4.3 billion worth of Argentine debt is dangerously close to unraveling
Franklin Templeton and its star money manager, Michael Hasenstab, have $4.3 billion worth of Argentine bonds as the country marches towards rest...
New CEO Appointed For Harraways
Mr Scott is also pleased to advise that Mr Henry Hawkins has been appointed as the new Chief Executive Officer of the Company. Henry brings a wealth of local and international experience, and knowledge of the food manufacturing sector to the Company. Harraways is fortunate to have him in this role as it embarks on its continuing journey of growth, supplying quality products to both the local and export markets.
NERC: Power sector recorded N1.7trn tariff shortfall in four years
The Nigerian Electricity Regulatory Commission (NERC) says the power sector recorded ₦1.72 trillion tariff-related revenue shortfall from 2015 to 2019. The commission said this in a newly released consultation paper
Another rate cut early March, stimulus package end-February?
KUALA LUMPUR: The expectation of a monetary policy adjustment, on top of a fiscal stimulus package, to boost Malaysia’s economy soon is getting higher.
Not approached by any telco to finance AGR dues, says SBI chairman
The payments to be made by the companies include Rs 53,000 crore by Vodafone Idea, Rs 35,500 crore by Bharti Airtel and Rs 14,000 crore by the now defunct Tata Teleservices
AGR-hit Vodafone Idea postpones Q3 analyst call
The filing, in late evening on Thursday, said the new date of the call will be intimated separately but did not give any reason for the postponement.
'Gold pits have become tombs': mining leaves a tragic legacy in Cameroon
The ruthless quest for gold in eastern Cameroon has left the landscape peppered with deadly open pits
DoT Asks Airtel, Vodafone Idea, Others To Clear AGR Dues By Midnight
Airtel has told the DoT it will deposit Rs 10,000 crore of AGR dues by Feb. 20, 2020, and the balance before next date of hearing.
Meet Bitcoin Market’s Most Accurate Technical Indicator: Lamborghini
Take a break Golden Cross, bitcoin now has found a better technical indicator in Lamborghini this Valentine's Day. So it appears, there is a great
3 Reasons Why DexCom's Q4 Update Delighted Investors
The medical-device maker delivered good news across the board for the quarter.
London fashion week opens as coronavirus hits attendance
Event kicks off without many press and buyers from important Chinese market
Royal Bank of Scotland to be renamed after 293 years
The Government-controlled bank will become NatWest Group and agreed to a 5p-a-share special dividend after profits hit £4.2bn last year.
Rupee settles 6 paise lower at 71.37 against US dollar
On a weekly basis, the rupee has gained 3 paise.
What Farmers Are Reading This Week, February 7-14
This week, multiple companies released new information on equipment. Along with the equipment updates, the USDA released a new report, crop insurance received a cut, and hemp stayed in the news. If you missed anything from last week, follow the Successful Farming staff’s work in last week's recap. Read more: What Farmers Are Reading This Week, January 31-February 6
Law firms scrap dress codes and ‘Dear Sirs’ to modernise image
City tries to become better place for women to work after harassment scandals
Supreme Court orders Indian telcos to pay US$13b or face action
NEW DELHI, Feb 14 — India’s Supreme Court today ordered top telecom companies to pay US$13 billion (RM53.8 billion) in unpaid spectrum and licensing fees by March 17 or face punishment in a fresh blow to ailing mobile carriers. Shares in Vodafone Idea, which said it would be hardest hit by the...
Prosecutors get final word at Harvey Weinstein's rape trial in NYC
By the time prosecutors at Harvey Weinstein's rape trial give their closing argument on Friday, it will have been more than a week since jurors heard one of his accusers recount what prosecutors describe as a vile sexual encounter with the disgraced Hollywood mogul.
SNP minister demands urgent talks on £20 billion bridge to Scotland
Scottish Transport Secretary Michael Matheson has called for urgent talks with the British government over proposals for a bridge between Northern Ireland and Scotland - an idea he described as the prime minister's "vanity project".
Tesla's Giga New York is poised to meet a critical workforce target
It appears that Tesla will be meeting its workforce goals in its Gigafactory New York facility, with the company reportedly only a few hundred workers short of its 1,460 target for April 2020. With this in mind, Tesla seems poised to meet its end of its deal with the state, avoiding a potential $41.2 million […]
Reliance Retail fastest growing globally: Deloitte
Mukesh Ambani-led Reliance Retail has topped the list of ‘50 Fastest-growing retailers globally between FY2013-2018’ in the Deloitte’s Global Powers of Retailing 2020 index. The Indian retailer had r
2 top ASX dividend shares to buy and hold for the next decade
Here's why you can't go past these two top ASX dividend shares as long-term investments over the next decade.
Roku Beats The Street For Q4 Earnings, Makes Wild Prediction For Cord Cutting Movement
Roku has released its earnings report for the last quarter of 2019, and the company did very well exceeding its expectations.
Bitcoin ‘Lambo Line’ Indicator Suggests Bull Market Inbound
According to findings from ChartStar, the number of 'Lambo' mentions on Reddit turns out to be a very good indicator for predicting strong Bitcoin moves.
Bloomberg’s Instagram meme ad campaign is backfiring
The Democratic candidate’s recent sponcon doesn’t seem to be convincing people he’s any more relatable, hip, or funny than he was before.
Investors Continue To Look Past The Coronavirus
Tokyo was a notable exception in the Asia Pacific region, as the other major equity markets, like in Hong Kong, China, Taiwan, South Korea, and Australia, advanced. The MSCI Asia Pacific Index rose fo
'Open to Tweaking Inside And Outside Budget For Economic Growth', Says Nirmala Sitharaman
The government had announced a host of steps in the Union Budget, presented on February 1 in Parliament
Royal Bank of Scotland to be renamed after 293 years
The Government-controlled bank will become NatWest Group and agreed to a 5p-a-share special dividend after profits hit £4.2bn last year.
TRB Ventures targets over RM8bil in property deals this year
KUALA LUMPUR: TRB Ventures Sdn Bhd is targeting over 50 per cent increase in new property sales to 21,000 units worth over RM8 billion this year via its property marketplace platform, MHub.
More risk capital and a strong corporate governance code, key to India's GDP growth: Uday Kotak
Indias aspirational growth of 6-7% depends on risk capital and strong corporate governance code, Kotak said.
EUR/GBP bounces off 2020 lows, around 0.8320
The sterling is correcting lower following the moderate pick-up on Thursday and is helping EUR/GBP to bounce off recent yearly lows in the sub0.8300 r
German economy flatlines as eurozone growth hits seven-year low
Germany's economy is stagnating as a slowdown in spending and exports wiped out growth in the fourth quarter of 2019 with GDP unchanged.
AGI and AMA to partner GITFIC
news, story, article
Motorists to pay more for petrol, diesel as import bill rises
NAIROBI, Kenya, Feb 14- Motorists will from mid-night pay more for super petrol after the energy watchdog hiked the price of the commodity by Sh2.67 to Kenya breaking news | Kenya news today |
6 Tax Deductions You Can Claim Without Itemizing
You don't need to itemize to reap these lucrative tax breaks.
A very big communications job needs to be undertaken: Tokyo 2020 organisers on Coronavirus threat
The head of IOC’s coordination commission insisted there was no danger of Tokyo 2020 being cancelled or moved
Delta to invest $1 bln to curb global air travel's climate impact
By Tracy RucinskiCHICAGO, Feb 14 (Reuters) - Delta Air Lines Inc said on Friday it will invest $1 billion over the next decade in initiatives that would limit the impact of global air travel on the environment, the first airline to make a commitment of that scale.The aviation industry accounts for roughly 2% of global carbon dioxide emissions and has set out a plan to achieve carbon-neutral growth from 2020, even as air travel is forecast to accelerate.
Warren Buffett loses $1 billion in 2 days after Kraft Heinz disappoints again
Warren Buffett took a $1 billion loss as Kraft Heinz stock plunged 11% in two days. Berkshire Hathaway's 27% stake in the food giant shrank in v...
Big Love: Thai elephants, students send Valentines to virus-hit China
Bangkok: Some 3,000 students gathered on Friday in Thailand's Ayutthaya province to send Valentine's Day well-wishes to China, which is facing an ongoing coronavirus epidemic.
Investors welcome Poland's decision to freeze last coal-fueled plant project
WARSAW (Reuters) - Shares in Polish state-run utilities Energa and Enea gained on Friday after they froze financing of their joint project to build 1 a GW coal-fueled power unit, citing difficulties raising funds due to environmental concerns.
GRAINS-U.S. soybeans stay firm as market awaits return of Chinese buying
* Soybeans set for second weekly gain in a row* Market expects Chinese demand as trade deal takes effect* Wheat, corn also steady as virus concerns abate (Updates with European trading, changes)By Gus Trompiz and Naveen ThukralPARIS/SINGAPORE, Feb 14 (Reuters) - Chicago soybean futures edged higher on Friday to stay on course for a second week of gains on expectations that China will step up purchases of U.S. crop.Corn and wheat also ticked up but were heading for a weekly fall as large global supplies offset support from steady export demand.
Positive Earnings Look as If They’re Already Priced in to Teva Stock
Teva stock rose 9% after a positive earnings report. But after $3 billion in cost-cutting, investors may be looking for additional revenue.
Renault launches 'made in India' Triber in South Africa, ships 600 units
With base in South Africa, Renault also plans to sell the model, which comes with a one litre petrol engine and flexible seating arrangement, in other parts of the African continent.
‘Social roots of the current protest stronger than JP movement,’ says Gyan Prakash
There are many parallels but also important differences between the current protests and the JP movement of the 70s, says this eminent historian
Ringgit ends higher versus US dollar
KUALA LUMPUR, Feb 14 — The ringgit closed marginally higher against the US dollar today, tracking the performance of regional peers amid concerns on the Covid-19 outbreak. At 6pm, the ringgit was quoted at 4.1360/1400 versus the greenback from 4.1390/1420 yesterday. FXTM market analyst Han Tan...
Government willing to do more beyond Budget to boost growth, says FM Sitharaman
Sitharaman said the finance ministry will provide details of the scheme soon
Oil pollution found in River Venta
The State Environmental Service (VDD) Liepāja Regional Environmental Administration inspectors once again discovered petroleum products in the River Venta in Kuldīga, according to the VDD on February 12.
'Exhausted': Doctors at China's virus epicentre overworked and unprotected
Tired and understaffed, medical workers have had to deal with thousands of new cases per week in Wuhan, the city at the epicentre of the outbreak.
Underworld Fugitive Dawood Ibrahim Could Be Involved In 2000 Match-Fixing Scam: ACP
It’s important to clean the gentleman’s game. 19 years ago, I did whatever I could. G Ramgopal Naik, DCP Crime
The 2 top British Jewish newspapers plan to merge but still publish separately
The two top British Jewish newspapers plan to merge in a move which will 'secure their financial futures.'
US Author Touches Nerve With Post About Biased Coronavirus Media Coverage
Author Mario Cavolo of the United States might be known for his books about China, but it is one of his LinkedIn posts that has gone viral on the internet.
Lime Asset deliberately deceived investors in awareness of losses: FSS
South Korean fund operator Lime Asset Management and its seller Shinhan Investment deliberately duped investors by concealing their losses and continuing the sale of the related products, the watchdog Financial Supervisory Service said Friday. Based on an intermediary inspection and accounting audit, the FSS estimated that two of the disputed parent funds may suffer losses of up to 730 billion won ($617.5 million). ...
Rising garlic price cannot be blamed on coronavirus: Business watchdog
As some suggest the coronavirus outbreak may be behind the sharp rise in garlic prices, the competition watchdog is not having any of it, blaming importers instead.
Satoshi Nakaboto: ‘Man charged with operating $300M money-laundering Bitcoin ‘mixer’’
Our robot colleague Satoshi Nakaboto writes about Bitcoin BTC every fucking day.
German economy stagnates in sign of Europe's difficulties
FRANKFURT, Germany (AP) — Growth ground to a halt at the end of the year in Germany, Europe’s largest economy, as manufacturing remained in a slump and exports fell, official figures showed Friday.The flat reading underlines the challenge facing the broader eurozone economy as it struggles against headwinds from the U.S-China trade dispute and Britain's departure from the European Union.Both the German and eurozone figures were the weakest since 2013, when the region was suffering from a debt crisis that nearly spelled the end of the euro currency.Germany's state statistics agency said Friday there was zero growth in the fourth quarter and a mediocre 0.6% increase for the whole year.
'Stay Alert' call to business as Coronavirus impacts spread across NZ economy - ABC
Importers and exporters should talk to their shippers - both sea and air - and keep informed as knock-on effects of China’s coronavirus hit New Zealand.
India's population galloping, but no one paying attention: Venkaiah Naidu
Political parties are feeling shy, politicians are feeling shy, Parliament also do not adequately discuss about the issue," Naidu said
Range Resources: Leverage Risk Climbs Sharply
The credit line may not be available when the company most needs it.Cash flow in the third quarter dropped nearly 50% from the previous year.Fourth-quarter cash flow should continue the pattern of pro
Open access journals get a boost from librarians—much to Elsevier’s dismay
Move to cut fees adds pressure to funding model already under strain.
Top headlines: SC shocker for telcos, wholesale inflation rises, and more
From SC's rejection of telcos' plea for new schedule for AGR payments to wholesale inflation rises to 3.1% in January, here are the day's top headlines
Construction Activity Can Signal When Credit Booms Go Wrong
The risk of a bad boom- where a rapid credit growth episode is followed by a financial crisis or subpar economic growth -increases when there is also a boom in house prices.We find that signals from c
Gold prices climb Rs 75 to Rs 41,481 per 10 grams, silver gains Rs 147
"Spot gold of 24 karat in Delhi was trading up by Rs 75 with rupee depreciation," HDFC Securities Senior Analyst (Commodities) Tapan Patel said.
10 Things to Know for Today
Your daily look at late-breaking news, upcoming events and the stories that will be talked about today:
2020 - A Close Look At What To Expect
As Q4-2019 earnings continue to push the US stock market higher, what should traders expect going forward in 2020?There are a number of things that could potentially disrupt foreign market expectation
JLL Reports Record Fourth-Quarter And Full-Year 2019 Results
NEW ZEALAND, 14 February 2020 – Jones Lang LaSalle Incorporated (NYSE: JLL) has reported outstanding operating performance for the fourth quarter and full year of 2019.
This Bitcoin Metric Is Over 100% Higher in 2 Months, and It’s Critical for Bulls
Over the past 60 days, Bitcoin has found itself rocketing higher, rallying from a low of $6,400 to a local top of $10,500 in the span of two months.
Brexit Takes a Chunk Out of Cisco’s Earnings, as Headwinds Blow
Cisco earnings fell flat this week, with the networking specialist posting a 6% drop in orders. The decline in Europe was blamed squarely on Brexit.
When The Facts Change
The coronavirus is a human tragedy, but the markets remain sanguine.A slowing of global growth is already factored into market expectations.Further central bank easing is expected to calm any market f
Govt willing to do more beyond Budget to boost growth: FM Sitharaman
The country's GDP growth is estimated to slow to an 11-year low of 5 per cent in the current financial year
SpiceJet Q3 net profit soars 21% to Rs 78 crore despite 737 MAX troubles
SpiceJet reported growth in air transport services during the December quarter, as segment results for the period almost doubled to Rs 115.05 crore from Rs 58.55 crore from the year-ago period
Friday’s small-cap stocks to watch
Our roundup of Canadian small-caps of between $100-million and $2.5-billion in market capitalization making news and on the move today
Govt Hikes Fuel,Adjusts Electricity Prices
The government followed up their January increase on electricity prices by adjusting February prices by...
Netherlands: GDP grew 0.4% in all quarters of 2019 – ABN Amro
Gross domestic product (GDP) increased in the fourth quarter in the same numbers as did in the previous quarters of 2019. Senior economist at ABN Amro
Judge Shuts Down Copyright Troll's Cut-And-Run Effort; Hits It With $40K In Legal Fees
The art of copyright trolling is completely artless. There's no subtlety to it. Flood federal courts with filings against Does...
IOC face 'big communications job' as virus jitters hit Tokyo Olympics
Tokyo Olympics News: Olympic chiefs admitted Friday they face a "very big communications job" to soothe concerns over the coronavirus epidemic in the run-up to this summer
This is how long it will take for the wind industry to add energy to the grid
SAWEA has asked for clarity on the planned sequence, to ensure that momentum is not lost.
Egypt Discusses Reinforcing Cooperation with Aramco
Egypt's Minister of Petroleum and Mineral Resources Tarek El-Molla has discussed with Fahad al-Ammari, General Manager of Area Projects-Upstream Project Management Saudi Aramco, and his accompanying delegation reinforcing bilateral cooperation on imp
Forget saving money! I’d invest using these 3 Warren Buffett tips
I think adopting a value investing strategy such as that used by Warren Buffett could be a better idea than having cash savings.
German Economy Slumps, Exports Fall, Underlines Eurozone Woes
Growth ground to a halt at the end of the year in Germany, Europe´s largest economy, as manufacturing remained in a slump and exports fell.
Analysts Admit Bitcoin Could See Larger Price Pullback After 3% Drop
Over the past 60 days, since bottoming at $6,400 in the middle of December, Bitcoin has been on a near-relentless surge higher.
Hungary: No room to counter a deep downturn – ABN Amro
Anke Martens, a senior analyst at ABN Amro, reviews the current situation of the Hungarian economy, expecting a slowdown. EUR/HUF is trading at 335.02
Eurozone Prelim GDP arrives at 0.1% QoQ in Q4 vs. 0.1% expected
After Germany flirted with a recession in the final quarter of 2019, the Eurozone economy steadied in the fourth quarter, the latest figures released
Suspended NMC Health vice chair resigns amid legal review
NMC Health announced today that vice chair Khalifa Butti Omeir Bin Yousef has resigned with immediate effect amid a legal review.
The Coronavirus Story Is Too Big for China to Spin
Maybe what goes up online must come down, but what comes down will go up again.
Mark Zuckerberg 'accepts' Facebook may have to pay more tax in Europe
Facebook boss Mark Zuckerberg says he recognises that tech giants may to have pay more tax in Europe in future and understands the "frustration".
Premarket: European shares scale record even as coronavirus shows no signs of peaking
Hopes of government stimulus support shares globally
Saudi Arabia, UAE Among Top 10 Logistics Markets
Arabian Gulf countries have had a high ranking in the 2020 Agility Emerging Markets Logistics Index, with UAE and Saudi Arabia among the top 10 logistics markets. In the GCC, the UAE ranked third, Saudi Arabia sixth, Oman 14th, Bahrain 15th, and Kuwa
"No Rollbacks": BitMEX Says After 62% XRP Flash Crash
XRP saw a "flash crash" on the BitMex exchange, with the asset's price plunging by 50% in a few minutes' time.
China’s startups on the ropes after virus freezes funding
A backlash against Chinas tech champions in 2019 had begun damping a decade or more of go-go optimism and investment that fueled one of the fastest and largest creations of wealth the world has seen.
Treasury Market Flashes New Warning As Real Yields Go Negative
Real yields for key maturities in inflation-indexed government bonds (TIPS) have slipped into negative terrain lately.It comes as no surprise to learn that the 10-year TIPS rate is plumbing depths bel
Nissan shares tumble to ten-and-a-half year low after earnings rout; Renault also suffers
TOKYO (Reuters) - Shares of Nissan Motor Co sank to their lowest in more than a decade on Friday, after deep cuts to the troubled Japanese automaker’s earnings forecast and dividend raised questions about its future profitability.
‘The English have landed’: France finally starts lifting menstrual taboo
The French are world-leaders when it comes to coining euphemisms for women’s periods, including one derived from the Battle of Waterloo. Spurred on by a new generation of female activists, they are f…
Big Tech’s Takeovers Finally Get Scrutiny
What cool things have we lost because mammoth companies swallowed up innovative start-ups?
Forever 21's $81 Million USD Bankruptcy Deal Gets Preliminary Court Approval
“Clearly, this is the only bid, and the alternative is liquidation, which is certainly not in anyone’s interest.”
Friday’s Insider Report: Chairman invests $1.2-million in this stock yielding nearly 5%
A look at recent notable transactions
Opinion: How Justin Trudeau can turn a lose-lose Teck decision into a delicate victory
By approving the Teck Frontier oil sands mine under the greenhouse-gas vows that Alberta Premier Jason Kenney has laid out, Mr. Trudeau can use the free market to wiggle his way out from between a rock and a hard place
AUD/USD pares early gains, turns flat above 0.67 as focus shifts to US data
The AUD/USD pair closed the first three days of the week in the positive territory but turned south on Thursday amid resurfacing worries over the coro
Top Analyst Confirms $100,000 Bitcoin Price Target For End of 2021
A prominent analyst hailing from institutional markets in Europe recently threw his weight behind a prediction that Bitcoin will trade at least as high as $100,000 by the end of 2021
How calligraphy became an integral part of Arab identity — and how it can remain so
AMMAN: In the spring of 2017, a group of fishermen in Gaza discovered treasure that could change their lives: A hoard of ancient Greek coins — over 2,000 years old — which included dozens of silver decadrachm coins from the time of Alexander the Great. Only 12 such coins had been officially recorded previously, and each is worth thousands of dollars (some, depending on their
FDA begins speedy review of BMS’ CAR-T liso-cel
The US Food and Drug Administration has accepted an application for Bristol-Myers Squibb’s CAR-T therapy lisocabtagene maraleucel, kick-starting a priority review of the drug.
Vandals smash Sonic Wash
Employees at the Sonic Wash in West Kelowna were in cleanup mode when they got to work this morning.
Don't mind me - with Patricia Feehily
WE can all sit back now and relax, seeing that Tipperary wasn’t disenfranchised by a legal loophole in the general election and forced to board the ship of state at another port, a month hence, ...
Sony "struggling" to lower $450 PlayStation 5 price, report claims
Due to high manufacturing costs.
Letters to the editor: Feb. 14: ‘Maybe Jody Wilson-Raybould could have intervened.’ Readers wonder what’s next as pipeline protests continue, plus other letters to the editor
In today’s letters to the editor: China and the coronavirus; the Coastal GasLink pipeline; Eastern energy; Western energy; to Christie
Renault reports first net losses in a decade for 2019 on lower sales
Renault said in a statement it suffered net losses of 141 million euros ($152 million)
Aviation finance sector looking vulnerable
High aircraft values and low lease-rate factors which do not reflect the commercial and operating risks facing airlines leave the aviation finance industry in a vulnerable state in 2020, says Scope Ratings. Scope expects little change to lease-rate factors in the first half of the year. The slowdown in the global economy will rub off on the aviation industry. More airline defaults and further consolidation are likely in 2020, though stability in oil prices will help the industry keep costs under
IEA sees first drop in global oil demand
Global oil demand will drop this quarter for the first time in more than a decade as the coronavirus batters China's economy, the International Energy Agency said. The new estimates show that oil markets face a significant surplus despite the latest production cuts by OPEC and its partners. Crude already sank to a one-year low below $50 a barrel last week, and the impact of the epidemic will be felt throughout the year, the agency said. "Demand has been hit hard by the novel coronavirus and the widespread shutdown of China's economy," the Paris-based IEA said. "The crisis is ongoing and at this stage it is hard to be precise about the impact.
Renault sales and earnings drop in tough market
France's Renault saw its sales and earnings drop last year and says 2020 will be tough due to the need for investment in new technologies just as the market is shrinking.
Dating apps see exponential growth over past eight years
With romance in the air this Valentine's Day, dating apps like Tinder are racking up huge numbers. We take a closer look. But first, Chinese tech giant Huawei is targeted with a new indictment in the…
German Economy Grows at Weakest Pace Since Crisis as Coronavirus Hit Looms
Pound Sterling (GBP) Live: Outlook Forecasts and Latest News presented in rolling live format
SC orders telcos to clear dues by March 17, threatens contempt
The court, which had asked companies including Vodafone Idea and Bharti Airtel to pay 920 billion Indian rupees ($12.89 billion) in overdue levies and interest by Jan. 23, had rejected petitions seeking a review of its order last month
Rupee slips 2 paise to 71.33 against US dollar in early trade
The rupee had settled at 71.31 against the US dollar on Thursday.
Digital Turbine Is Likely To Catch A Second Wind
After a strong rally, consolidation set in, and the shares fell back to where they were in the summer of last year.However, we think the elements are in place for the company to recharge growth, drive
UFI President Mary Larkin: “Exhibition Industry committed to providing meeting places around the world”
PARIS - The outbreak of the Novel Coronavirus COVID-19 is impacting the global exhibitions and events industry, as events of all kinds are being postponed or cancelled. UFI President Mary Larkin issued the following statement: “We stand in sympathy and support of everyone affected by the current COVID-19 outbreak, whether directly or indirectly. The exhibitions and events industry exists to provide platforms for people and industries to meet, to trade, and to collaborate. These gatherings are especially important in times of disruption. It is
Hana Financial signs W77b deal to acquire The-K Non-Life
Hana Financial Group said Friday it had inked a sales and purchase agreement with the Korea Teachers’ Credit Union to buy a 70 percent stake in The-K Non-Life Insurance for 77 billion won ($65.1 million). This is the first acquisition deal for Korea’s third-largest banking group since the takeover of Korea Exchange Bank in 2013. The-K Non-Life will become the 14th affiliate and second insurer arm t...
Eisai agrees to pull obesity drug Belviq after safety alert
Eisai has moved swiftly to comply with an FDA request to pull its obesity drug Belviq off the market after it was linked to an increased risk of cancer.
USTR Robert Lighthizer unlikely to visit India ahead of Trump's tour
The two countries are negotiating a trade package to iron out certain issues and promote two-way commerce
Bali faces potential IDR1 trillion loss per month due to coronavirus outbreak: Tourism Board
Tourism is undoubtedly one of the biggest contributors to Bali’s economy, but money flowing in from the industry is going to dry up considerably amid the global health emergency caused by the novel coronavirus outbreak.
AGR case: DoT withdraws 'no-coercive order' against telcos after SC slams dept
Lambasting DoT for issuing circular, SC bench head by Justice Arun Mishra dismisses review petition saying there's "no stay" on coercive action against telcos who'll fail to comply with SC order
Traders suspend imports from China
Kampala, Uganda | THE INDEPENDENT | Traders who import most of their goods from China say they have been unable to send money for goods or fly to China as most factories supplying them are closed due to the outbreak of the coronavirus. This will likely have an impact on the prices of most of the …
Food delivery company MatHem raises €47.5 million to continue expanding across Sweden
Swedish online grocer MatHem has raised 500 million SEK, or €47.5 million, to develop a new environmentally certified warehouse in Larsboda and to continue expanding its retail delivery business. The company delivers groceries and small household items and, after ten years in business, has served over half of Swedish households. MatHem’s investors span several sectors. […]
Prosecutors get final word at Harvey Weinstein's rape trial
By the time prosecutors at Harvey Weinstein's rape trial give their closing argument on Friday, it will have been more than a week since jurors heard one of his accusers recount what prosecutors describe as a vile sexual encounter with the disgraced Hollywood mogul.
Whistleblower policy critical for internal control in firms: Keki Mistry
Mistry said certain instances in the past have shown that whistleblowers are either seeking ill of a company or looking for media attention
Wall Street opens slightly higher following mixed US data
Wall Street's main indexes started the day slightly higher on Friday as investors assess the latest batch up of macroeconomic data releases from the U
Tesla prices its second offering of stock at US$767 apiece
Tesla priced its second offering of stock at US$767 apiece Friday.
Teranga secures approvals to acquire stake in Massawa Gold Project
Teranga has secured approvals to proceed to conclude the previously announced acquisition of a 90% stake in the Massawa Gold Project in Senegal, Africa.
Javed Akhtar Calls PM Narendra Modi Fascist; Mahesh Bhatt Says Hating Muslim Is BJP’s Lifeline
With all the uneasiness prevailing around our country, Indian citizens have divided opinions about many decisions taken by PM Narendra Modi led BJP government. Bollywood also actively took part in the
CBN condemns receiving foreign currency in transfers
CBN has lamented the rate at which international money transfers are done in foreign currencies by Nigerians, saying it is detrimental to naira.
RPower net profit declines 57 pc to Rs 49 crore in Dec quarter
Reliance Power (RPower) on Friday said its consolidated net profit has dipped over 57 per cent to Rs 49.39 crore in the December 2019 quarter, mainly due to lower income. The company's consolidated net profit had stood at Rs 116.44 crore in the
Glenmark Pharma Q3 consolidated net profit rises 64% to Rs 190.83 crore
Consolidated revenue of the company stood at Rs 2,735.56 crore for the quarter under consideration as against Rs 2,555.04 crore for the corresponding period a year ago.
Israel/OPT: UN List Of Settlement Businesses Offers New Hope For Accountability
The publication of a UN database which lists more than 100 companies involved in business activities in illegal Israeli settlements is an important step towards accountability in the Occupied Palestinian Territories (OPT), Amnesty International said today.
Blame game over 830-mn-euro settlement in VW's German diesel cases
Consumer representatives and car giant Volkswagen each blamed the other Friday for a breakdown in talks over a settlement for 400,000 German customers in the firm's "dieselgate" emissions cheating scandal.
Trader: Ethereum Can Hit $440 But Indicator Warns Altcoin ‘Overbought’
“Serious resistance” should trigger above $400 as General Strength Indicator suggests Ether is at its most overbought since May 2019.
China develops convalescent plasma therapy for coronavirus patients
China National Biotec Group said it has collected plasma from some recovered patients to prepare therapeutic products including convalescent plasma and immune globulin.The CNBG says 3 critically ill patients in Wuhan received convalescent plasma treatment on 8 Feb. Currently, over 10 critically ill are under plasma treatment
Dudley Council criticised over care home top-up fee system
A local government watchdog has accused Dudley Council of absolving itself of its responsibilities and putting vulnerable people at risk by refusing to handle top-up fees for nursing homes.
NVIDIA CEO: Nintendo Switch and Notebook Success Have Changed the Profile of Our Gaming Business
NVIDIA CEO Jensen Huang said that the success of the Nintendo Switch and Max-Q notebooks changed the profile of the company's gaming business
ONGC net profit falls 50% to ₹4,152 crore in Q3
ONGC has reported a ₹4,151.63 crore standalone net profit for the third quarter of financial year 2019-2020. This is 49.75 per cent lower than the ₹8,262.7 crore profit reported in the comparable quar
After Supreme Court Rap, DoT Directs Telcos to Pay AGR Dues by 11:59 PM Tonight
The order by the DoT has asked telcos to clear dues by 11.59 pm Friday.
The Refined Investor Series 2020 promises to provide actionable insights for investors
The Refined Investor Series, reputed for high-level conversations is well attended by high profile business leaders and investors- and this year is no different as Fine & Country West Africa will be collaborating with PwC and Udo Udoma & Belo-Osagie as knowledge partners to execute what has been described as one of the most anticipated & insightful Real Estate events for the upper quartile market in Nigeria.
Kraft Heinz’s Junk Downgrade Rekindles Bond Market Jitters
Kraft Heinz Co., the iconic food giant created in a merger five years ago, was downgraded to junk by two credit raters, raising fresh worries among investors that a slowing economy could threaten the broader corporate bond market.
MyTheresa eCommerce Fashion Brand Plans To Go Public
MyTheresa, the online luxury fashion retailer, plans to list on the New York Stock Exchange to take advantage of robust equity markets.
Namibia’s first lady pledges all her $3m wealth to charity
Namibia’s first lady, Monica Geingos, is promising to give away all her wealth, estimated at $3 million to charity when she dies. “I strongly believe that inheritance is one of the biggest drivers of inequality,” the first lady told the Thomson Reuters Foundation. “If I’m telling poor children that they must be well educated, have...
CDC Director Warns Coronavirus Soon Widespread Throughout United States: ‘It’s Coming’
Says CDC now in 'aggressive containment mode'
Trump’s impeachment is over — but what about the podcasts?
Think of the RSS feeds
I-T Dept notifies forms for companies to avail lower corporate taxes
CBDT has notified Forms 10-IC and 10-ID for existing companies that want to avail lower I-T rate and new manufacturing firms, respectively
Tesla raises $2 billion in secondary stock offering priced at $767 a share — 5% below where it's trading now
Tesla will sell 2.65 million shares of common stock for a price tag of $US767 a share, the company announced Friday. That’s a 4.6% discount on Thursday’s closing price.
Lab investigates underpinnings of political polarization
Immigration. Abortion. Guns. Name a third-rail conversation topic and chances are Xiaowen Xu is talking about it—and she knows you are, too.
We Voted for Boris NOT Javid
Of course, the sacking of Sajid Javid is a power grab by Boris and Number 10 BUT what is wrong with that?
British Fashion Council Partners With Fashion Zoo for China Amplification
The two entities will work together to launch LFW China Day, a schedule of Chinese designers showing in London from September 2021.
India's curbs on Malaysian palm imports stir up edible oil trade
"A rebalancing is happening in the palm oil market," says a Mumbai-based dealer with a global trading firm.
Anglo takeover becomes Sirius' last hope as alternative falls through
Embattled UK miner Sirius Minerals said today that it had dropped an alternative funding scheme to its takeover by Anglo American as it was unviable.
Krystal Daniels recants statement about what happened to son, Joe Clyde
In a surprising development in the high-profile Joe Clyde Daniels criminal case. The little boy's mother, Krystal Daniels, is taking back key details she shared with the Tennessee Bureau of Investigations.
PIC Of The Day: Breakdown At Statehouse – This Is When You Know That You Are In Serious Trouble
Breakdown At Statehouse Some unfortunate gentlemen found out first hand just how bad it is to have your vehicle break down at the statehouse when their huge lorry which was transporting cabbages suffered a breakdown. The hyper-vigilant and paranoid Presidential Guard soldiers who keep watch over the President’s official residence, were in no …
Indonesia's 2020 census to recruit 390,000 volunteers, keen to follow S. Korea footsteps
The BPS will combine door-to-door interviews and data gathering from the Home Ministry’s Population and Civil Registration Directorate General for the 2020 census.
Zuckerberg ready for Facebook to pay more tax as welcomes rules review
MUNICH (Reuters) - Facebook (FB.O) Chief Executive Mark Zuckerberg accepts that global tax reforms mean it may have to pay more taxes in different countries, excerpts of a speech he is due to deliver in Germany on Saturday show.
NZX profit reflects growth in capital markets
The NZX says its full year result reflects the stellar performance of the capital markets over the past year, with momentum expected to drive growth in the coming year. The capital market operator's net profit rose 25.7 percent to $14.6 million in the year to December, and rose 7.1 percent on continuing operations. The market operator said it spent most of its capital investment to upgrade the NZX trading system and NZX Wealth Technologies over the past year. NZX chair James Miller said the 2019 results showed encouraging earnings growth, assisted by strong growth in the local market, which rose more than 30 percent over the year. "This extends the excellent run of New Zealand's sharemarket over the past decade," Miller said, noting the NZX's share price had increased 42 percent over that period.
Amazon Stock Is a Buy if Not for the Coronavirus
But it’s the coronavirus, not the tremendous spike in market value, that investors should be worried about in the nearer term.
Face masks appear at London Fashion Week as coronavirus fears hit numbers
Chinese buyers and media were noticeably absent and some designers admitted their creations weren't what they had envisaged due to the epidemic.
Suicide: Psychologist urges youths to embrace dialogue
Ofordile said that a lot of people silently commit suicide in Nigeria without people noticing or recognising it. According to Ofordile...
What's next for Vodafone Idea, Bharti Airtel after Supreme Court's AGR blow?
AGR row: Soon after the court judgement, Airtel said that it's in the process of doing self-assessment of the dues, and shall submit Rs 10,000 crore by February 20
Retirement hack: cheap dividend stocks could make you a million
Buying undervalued income shares could boost your chances of generating a seven-figure portfolio.
Romania's DefMin Ciuca meets Ukrainian counterpart Zahorodnyuk in Munich
Romania's acting Defence Minister Nicolae Ciuca had a bilateral meeting with his Ukrainian counterpart Andriy Zahorodnyuk, on the sidelines of...
Market movers: Stocks seeing action on Friday - and why
A roundup of some of the North American equities making moves in both directions today
An American in a Locked-Down Chinese Town: 'Everyone Here Is So Bored'
Weeks before the coronavirus became a national health crisis in China, authorities threatened a doctor, Li Wenliang, who warned about early cases. State media reported that Li was illegally spreading rumors.That was a red flag for Bob Huang."People here tend to believe the government. Not me,"
Renault plans a slew of initiatives in India
"We will bring innovation and find slots where demand is there. We have Kwid and Triber and in the second half of this year, we also plan to bring in a new product which would be based on Triber platform," says Mamillapalle
Antibiotic resistance poses a growing risk during pandemics
Researchers investigating the drug prescription response to a "superbug" enzyme that renders bacteria resistant to antibiotics are available to discuss why such resistance is posing a growing risk during pandemics such as the current coronavirus.
Asian plane makers struggle to take off in crowded market
Asian plane makers have thrown huge sums at building jets but flagship projects have suffered repeated setbacks, and they face a tough time breaking into a market dominated by established players.
FG transfers oil assets, OML 98, from PanOcean to NPDC
The Federal Government, yesterday, transferred ownership of Oil Mining Lease, OML, 98 to the Nigerian Petroleum Development Company, NPDC,
'A smart move': Here's what 4 Wall Street analysts are saying about Tesla's $2 billion common stock offering
Tesla announced on Thursday plans to raise $US2 billion in funds through a common stock offering.
Insecurity: Sen. Shettima drums support for Buhari
Sen. Kassim Shettima on Thursday advised Nigerians to stop demonising President Muhammadu Buhari, noting that he had done enough in trying to
Coronavirus: Valentine’s celebrations for passengers of quarantined cruise ship
Cabin-bound guests on the Diamond Princess were provided with special gifts and entertainment.
Exports decline 1.7% in January, trade deficit widens to $15 billion
During the first 10 months of the current fiscal, while exports contracted 1.9%, imports shrank 8.1%.Of the 30 major items in India’s export and import baskets, 21 export items and 17 imported goods fell
Brexit investments paying off for UK mining companies
UK mining sector earnings have increased by over £2bn since the UK voted to leave the EU in June 2016, according to analysis of the latest ONS figures.
Facebook's influencers nod shows murky side of campaign ads
Facebook's green light for political campaigns to pay prominent social media users to spread their messages is highlighting the difficulties around setting rules for the fast-changing world of online ...
On heels of quarterly loss, Nissan again slashes full-year outlook amid economic uncertainties
After posting only its first third quarterly loss in 11 years, Nissan Motor Co. on Thursday again cut its annual profit forecast due to weak demand and eco
Tesco 'unlawfully' blocked rivals from opening nearby stores, CMA finds
Tesco has been told to stop illegally blocking rival supermarkets from buying its land or leasing nearby sites by the [...]
Hong Kong stocks end week higher as virus deaths fall
Hong Kong stocks edged up on Friday, as the daily death and infection tolls in the epicentre of the coronavirus outbreak returned to lower levels, following a dramatic spike the previous day. At the
#SONA2020: Renewable energy sector celebrates pledge to bid window 5
The South African Wind Energy Association, along with the broader renewable energy sector have welcomed the announcement that bid window 5 will open soon.
Kevin Carmichael: Bombardier may have failed, but at least it tried to win
Kevin Carmichael: A humbling time for one of Canada’s great enterprises
United Bancorporation Of Alabama: Annual Update On Alabama's Southern Banking Belle
United Bancorporation of Alabama has exceeded most of our expectations over the last two years. The company's operating performance has benefited from some nonrecurring items, especially awards relate
Goods exports dip 1.6% to $25.97 b in Jan; trade deficit at $15.17 billion
Coronavirus outbreak, persisting protectionism add to exporters’ woes
Tiger widows of Sunderbans: In the shadow of mangroves, tale of courage and hope
The West Bengal government claims that since 2009, 100,000 women are being trained to be independent through vocations such as embroidery, bee-keeping, tailoring, etc.
Statement at the Conclusion of the IMF Mission to Pakistan 2020
An International Monetary Fund (IMF) Mission led by Ernesto Ramirez Rigo visited Islamabad during February 03-13, 2020 to initiate discussions on the second review of the authorities’ economic reform program supported under the Extended Fund Facility (EFF) arrangement. At the conclusion of the visit, Ramirez Rigo made the following statement released on February 14: “The IMF staff team had constructive and productive discussions with the Pakistani authorities and commended them on the considerable progress made during the last few months in advancing reforms and continuing with sound economic policies. The mission and the authorities made significant progress in the discussions on policies and reforms. In the coming days progress will continue to pave the way for the IMF Executive Board’s consideration of the review. “The macroeconomic outlook remains broadly as expected at the time of the first review. Economic activity has stabilized and remains on the path of gradual recovery. The current account deficit has…
DoT asks Vodafone Idea, Airtel to clear AGR dues by midnight
The DoT, which faced the ire of Supreme Court for putting on hold recovery of dues from telecom companies, has started issuing circle or zone-wise demand notices to firms
GSA and NIC hold sensitisation forum on Cargo Insurance Draft Protocol
news, story, article
CPP Investment Board posts 3.6 per cent rate of return for its third quarter
TORONTO — The Canada Pension Plan Investment Board says it earned a return of 3.6 per cent during its most recent quarter, after expenses. Net assets for the Toronto-based fund manager grew to $420.4 billion as of Dec. 31, up from $409.
Insured losses from storm Ciara could near $2 billion, RMS estimates
(Reuters) - Total insured property losses from storm Ciara, which was named Sabine in Germany, could be between 1.1 billion and 1.8 billion euros ($1.2 billion-$1.95 billion), catastrophe risk modeling firm RMS estimated on Friday.
Council says vehicle ban a success despite business complaints
Central Dunedin businesses are up in arms about cars and buses being banned in the Octagon. The Dunedin City Council is hailing the trial closure of the landmark as a success but retailers say it has left them out of pocket and unsure of their future if any ban becomes permanent. The council is holding a series of pedestrian-only trials in the Octagon from January to late March, at the cost of $150,000. The plan is being marketed as the Octagon Experience. The current trial, which began on 27 January and finishes on Sunday, is the most widespread.
3 Defense Stocks for Geopolitical Turmoil
International conflict can bring investing opportunities. Here are three defense stocks to consider in these uncertain times.
RBS profit surges, as bank's new CEO sets climate goal
Looking to the future, Rose said "climate, and the role we can play in accelerating the transition to a low carbon economy" was among her "initial areas of focus where we can make a substantial impact".
Kering Turned Over Approximately $17.15 Billion USD in 2019
With Gucci contributing approximately $10.42 billion USD alone.
145M Valentine’s Day cards expected to be exchanged this year
According to the Greeting Card Association and Hallmark, roughly 145 million Valentine's Day cards are exchanged each year.
Crash at Sahara cleared after snarling southbound I-15 traffic
For the second time in as many days, motorists who drive Interstate 15 in Las Vegas are facing major delays Friday morning. The crash was cleared about 6:30 a.m.
Once a "Blind Spot," Kid-Safe Content Becomes Big Tech Obsession
Video sites for children are booming as YouTube and others invest heavily in family fare: "You're going to see a huge wave of development."
Facebook’s Zuckerberg wants ‘new framework’ for digital tax
Paris, France | AFP | Facebook founder and CEO Mark Zuckerberg on Friday backed moves by the OECD group of free-market economies to reform the way online giants are taxed worldwide, even if that means companies like his own paying more to national governments. “We also want tax reform and I’m glad the OECD is looking …
FG transfers oil assets, OML 98, from PanOcean to NPDC
The Federal Government, Friday, transferred ownership of Oil Mining Lease, OML, 98 to the Nigerian Petroleum Development Company, NPDC
Turkey ready to work on CPEC projects, says President Erdogan alongside PM Imran
Calls for increasing bilateral trade between the two countries to $1 billion, before bringing it up to $5 billion.
School attendance has to improve - Tracey Martin
All parents and caregivers need to ensure that their children go to school unless they are sick, Associate Education Minister Tracey Martin said today.
Love in the time of coronavirus: A quiet Valentine’s Day in China
It was supposed to be a whirlwind tour of China for Jiang Lanyi's boyfriend: classical gardens in Suzhou, modern art in Shanghai, ice-skating in central Beijing.
Oil: St. Valentine brings affection – TDS
There are some risks to be dealing with it yet but energy markets are taking a relaxed St. Valentine’s day, according to analysts at TD Securities. Br
Tesla Sold Shares at Steepest Discount It’s Ever Given Investors
Tesla Inc. investors who got in on Thursday’s share sale received the steepest discount the electric-car maker has offered in its 10-year history as a public company.
Museveni lauds Vision Group on Harvest Money expo
I applaud the Vision Group for bringing us together to learn and showcase different products and available resources and technologies for us to advance the agricultural...
Hand sanitisers as London Fashion Week opens amid Covid-19 disruption
LONDON, Feb 14 — Hand sanitisers and face masks were the new must-have accessories as London Fashion Week opened today, in what was expected to be a subdued gathering hit by the absence of many Chinese attendees because of coronavirus. Fashionistas queued for catwalk shows sporting face masks in...
Tesla plans second stock offering to raise more than $2B
Feb. 14 (UPI) -- Electric automaker Tesla says it will make a secondary stock offer in a bid to raise more than $2 billion to shore up its balance sheet -- less than two weeks after boss Elon Musk said it "didn't make sense" to raise more money.
Pulses import may fall 60% next fiscal on good crop expectations: IPGA
There would be lower imports next year also because traders might not be able to buy from overseas market, taking advantage of loopholes in the import quota order
Sensex, Nifty fall for 2nd day as banking, auto stocks slide
Banking shares tumbled following the Supreme Court taking a strong note of non-compliance of its order asking telcos to pay ₹1.47 lakh crore in statutory dues.
Pfizer Q3 net profit up 5 per cent to ₹139 cr
Drug firm Pfizer Ltd on Friday reported a 5.39 per cent rise in net profit to ₹139.06 crore for the quarter ended December 31, 2019. The company had posted a net profit of ₹131.94 crore for the corres
Counting the homeless
Vernon, Kelowna and Penticton will takes part in the provincial homeless count this spring.
Singapore reports nine new coronavirus cases – Reuters
Singapore has reported nine new confirmed cases of coronavirus infections, the biggest daily jump, on Friday, lifting the total count in the country t
NVIDIA Reports Bang-Up Q4 Earnings On Big Data Center GPU Gains, NVDA Shares Spike
NVIDIA saw big gains from its data center efforts, and investors reacted positively to its overall Q4 earnings report, sending the company's share price up more than 6 percent in early morning trading.
Graphite India share turned Rs 1 lakh into Rs 25,000 in 1.5 years; here's why
Graphite India share price, which closed at Rs 1,100 on August 14, 2018 ended at Rs 283 on February 14, 2020
New Helen Clark Foundation Report Urges Capital Gains Tax
A new report into New Zealand's shortage of affordable housing has called for a capital gains tax.
Russia: Structural reforms needed to support growth – ABN Amro
Economy outlook for the Russian country improved last year but still lacks the structural ingredients to steam a high growth environment, according to
Tokyo 2020: IOC faces ‘big communications job’ following virus scare
The head of the International Olympic Committee (IOC) coordination commission insisted there was no danger of Tokyo 2020 being cancelled...
Takumi Appoints Mary Keane-Dawson as Group Chief Executive to Accelerate Growth
Following a year of rapid growth, Takumi appoints Mary Keane-Dawson as group chief executive.
Vijay Mallya says ED, CBI have been ‘totally unreasonable’
Beleaguered tycoon requests banks to take back 100% of the principal amount
High-Tech Shortages Loom As Coronavirus Shutdowns Hit Manufacturers
There are now more than 45,000 confirmed cases of the coronavirus dubbed COVID-19 by the World Health Organization, and the disease has caused at least 1,115 deaths. The impact of the virus is now reaching way beyond public health: China is at the heart of global manufacturing, and as supply chains suffer, panic is...
Millions of couples unaware they're entitled to a £250 cash boost from HMRC
Themarriage tax allowanceallows you to transfer £1,250 of your personalallowance(the amount you can earntax-free eachyear) to your spouse or civil partner - saving you £250 a year
Is balance lacking on agri-food boards and committees?
Is the tillage sector being under-represented on boards and committees in the agri-food sector?
RBS changes name to NatWest in bid to shed legacy of bailout
The majority state-owned U.K. bank RBS announced a name change on Friday as it tries to leave behind its near-collapse during the 2008 financial crisis.
Erdogan’s visit to Islamabad. Economic cooperation will intensify
By Seymur Mammadov The official visit of Turkish President Recep Tayyip Erdogan to Pakistan will be another milestone in further strengthening bilateral relations between the two countries in all areas. The two countries have always maintained and continue to maintain fraternal relations and in difficult times stand shoulder to shoulder with each other both in the fight against terrorism and at the international level, especially with regard to Ankara’s principled, unchanging position on the Kashmir issue. At the same time, Pakistan has always supported Turkey’s position on the Cyprus issue. Today, Turkey and Pakistan pursue an independent foreign policy and bear a heavy burden, which do not want to notice in the West. Both countries have similar experience in conducting a migration policy, have a tolerant policy towards their neighbors, and in Europe the concept of “multiculturalism” has become problematic and causes more and more irritation. From the 1980s to today, Pakistan has accepted up to 3.5 million Afghan…
‘Grinding Into Her Buttocks’: PNC Bank to Pay Millions to Black Employee After Allegedly Failing to Protect Her from White Customer’s Harassment
PNC Bank could have to pay a pretty penny to settle a case of workplace sexual harassment after a former employee says the bank failed to shield her from
Tactical Asset Allocation Views (February 2020)
China and the rest of Asia are likely to see the most pronounced decline in growth for Q1 2020, as economic activity is disrupted from quarantines, factories shutdowns and canceled transportation serv
Expert enlightens on dangers of bush burning
David Afolayan, an Environmentalist and Geographic Information Science (GIS) expert, has cautioned Nigerians on the dangers of bush burning..
USAID, UBA signs a new partnership deal
Kampala, Uganda | THE INDEPENDENT | The U.S Agency for International Development (USAID) through the Prosper Africa initiative is partnering with the United Bank for Africa (UBA) to increase two-way trade and investment between the United States and the nations of Africa. The partnership will ensure that businesses are equipped with the technical and financial …
China's Xi: Ensuring safety and health of people is a major task
"We need to mend the loopholes exposed in this coronavirus outbreak," China's President Xi Jinping told the Chinese state television on Friday. "Ensur
Financial infidelity: 1 in 5 Canadians keep money secrets from their partner
While love is in the air for some this Valentine’s Day, a new survey finds that secrets are too with one in five Canadians admitting to engaging in financial infidelity.
Zuckerberg ‘accepts’ that Facebook may have to pay more tax in Europe
Mark Zuckerberg accepts that global tax reforms mean Facebook may have to pay more taxes in some countries, including in Europe.
KT Rama Rao hits out at Finance Commission over reduced states devolution
The reduction in devolution to 41 per cent from 42 per cent earlier will lead to an up to Rs 4,000 crore hit to Telangana, Rao told reporters on the sidelines of the NTLF here.
10 things you need to know before the opening bell
This is what traders are talking about.
KLM apologizes for discriminatory note prompted by coronavirus fear
KLM issued an apology on Friday after a note posted on a toilet door on a flight from Amsterdam to Seoul caused an online uproar earlier this week. The note stated only in Korean that the toilet was
Czech Republuc: Healthy economy – ABN Amro
Anke Martens from ABN Amro summarize the situation of the Czech economy which has good health. EUR/CZK trades at 24.7815 as has fallen since January.
By 2060, a quarter of U.S. residents will be over age 65
Although women are still projected to live longer than men by 2060, as they do now, life expectancy is expected to grow larger for men than woman.
Where’s the love? Indonesia says no to Valentine’s Day
Indonesia wasn't feeling the love for Valentine's Day on Friday as authorities arrested couples in one city, scolded stores over condom...
India’s pulses import may fall 60% next fiscal: IPGA
There would be lower imports next year also because traders might not be able to buy from overseas market, says IGPA Chairman
Gold prices rise ₹75, silver gains ₹147
Gold prices on Friday rose by ₹75 to ₹41,481 per 10 grams in the national capital amid rupee depreciation, according to HDFC Securities. Likewise, silver also gained ₹147 to ₹47,036 per kg from ₹46,88
Virus-hit Hong Kong says it with face masks, not flowers
Hong Kong: Hong Kong's flower markets are lamenting dismal Valentine's Day sales as the city battles the deadly coronavirus outbreak, with admirers joking that a box of face masks is a better way to say "I love you" than a bouquet.
What every Canadian investor needs to know today
A look at the morning’s market action
Brexit and how farmers can survive it: how the next 11 months will shape the sector
It would be foolish to think that farmers in lowland areas such as East Anglia are going to get
Kresna goes about business as usual despite reports of problems related to Jiwasraya
The Financial Services Authority (OJK) has denied reports that investment management firm PT Kresna Asset Management (KAM) and life insurer PT Kresna Life are under investigation by the Attorney General’s Office (AGO).
Mozambique on recovery path after cyclones
IMF paints a picture of hope a year after Idai and Kenneth's devastation.
Erdoğan's South America visit was milestone for ties, Paraguayan ambassador says
Despite the ocean between them, Turkey and Paraguay recently tapped into their shared economic potential and are now keen to make up for lost...
DealBook: Delta Plans to Go Carbon Neutral. Yes, You Read That Right.
The airline pledges to spend at least $1 billion to buy emission offsets and invest in more efficient planes, new fuel sources and carbon-capture technologies.
Seattle Genetics wins FDA priority review for oral HER2 drug
Seattle Genetics has scored a US Food and Drug Administration priority review for its oral HER2 inhibitor tucatinib in breast cancer, setting it up for a regulatory decision in August.
A Real Solution for Airport Security
Keep calm and wash your hands.
No, Rahul Gandhi. The Modi govt is taking the coronavirus threat VERY seriously.
When you look at the facts, the picture that emerges is of a country that may not be ideally equipped to tackle the coronavirus epidemic but is still trying sincerely -- and not of an administration that "is not taking this threat seriously".
Politico: Zuckerberg accepts Facebook may pay more tax in different places
MUNICH, Feb 14 — Facebook Chief Executive Mark Zuckerberg accepts that global tax reforms mean the social networking giant may have to pay more taxes in different countries, Politico reported, citing excerpts of a speech he is due to give on Saturday. Cross-border tax rules are set to be...
Renault reports first net losses in decade for 2019
Renault also took a hit from a decline in the financial contribution of a likewise struggling Nissan
From March 2021, pharma firms marketing drugs will be held responsible for their quality
Currently, only the manufacturers are held liable under the Drugs and Cosmetics Act
Foreigners Dump Turkish Local Assets by Close to Record Amounts
Turkish local assets were hit last week by one of the largest bouts of foreign disinvestment in the last five years, Deutsche Bank said on Friday. The outflow signaled bearish market sentiment towards Turkey, which has seen the lira weaken in recent
Nigeria has potential to feed Africa’s 1.2 billion people — Ecobank
Ecobank says Nigeria has the capacity to feed Africa’s estimated 1.2 billion people if it harnesses the gains of the agricultural value...
Boris Johnson's Scotland-Ireland bridge branded `waste of money' by SNP Transport Secretary
Boris Johnson's proposed bridge between Scotland and Northern Ireland has been branded a "vanity project" by Scotland's Transport Secretary who called for the £20 billion  cost to be spent elsewhere.
Can Corporate America Get Behind Medicare for All?
One man’s crusade to sell big business on a health care overhaul
3 Big Things Today, February 14, 2020
Soybean and grain futures were little changed in overnight trading as the coronavirus spreads.
Tennessee Republicans worry women will go on tampon-buying frenzy
During an annual three-day holiday, shoppers are allowed to buy computers and clothing tax-free, but a proposal to include tampons has gotten pushbackWomen can’t be trusted around tax-free tampons. If you cut the price of menstrual products they’re bound to go tampon-mad and buy boxes of the stuff, just
SpiceJet reports 21% rise in Q3 profit to ₹78 crore
If the airline had not recognized such ‘other income’, it would have reported a loss of ₹173.19 crore.Expenses at the airline increased by about 56% from a year ago to about ₹3,848.61 crore in Q3
Stockholm enters Global Cities top 30 for the first time - CityAM
With a strong economy and commitment to reducing its environmental impact, Stockholm is the first Scandinavian city to make the [...]
RBI’s lending push amid inflation to crimp fixed deposit (FD) returns
Soon after the RBI monetary policy review earlier this month, banks dropped their fixed deposit rates. Mint explains the implications of the RBI action
Minister: Malaysia to cut red tapes, streamline investment process
KUALA LUMPUR, Feb 14 — Malaysia will be undertaking extensive reforms of the investment process to improve the ease of doing business for both foreign and domestic investors, the Ministry of International Trade and Industry (MITI) said. “Investors can expect red tape to be cut, bureaucracy to...
Dairies Are Desperate to Get Americans to Drink Milk Again
Facing an unprecedented and protracted slump in demand, the industry is coming up with all sorts of innovations.
Cruise passengers land after two weeks at sea over coronavirus fears
But the vessel was barred by Japan, Guam, the Philippines, Taiwan and Thailand over fears it was carrying someone with a new virus that has now killed around 1,400 people and sickened 64,000, mostly in China.
FIRS: Tax waivers, illicit flows responsible for low revenue
The FIRS says it has not been able to meet its revenue target because of non-discretionary tax waiver grants and illicit financial flows
Most Read articles – Apple silicon, AI investment, Coronavirus
Time to look once again at the five most read articles on ElectronicsWeekly.com that were written in the last week, via the powers of Google Analytics. See what your peers have been reading this last seven days.
Petrol, diesel prices up
KUALA LUMPUR, Feb 14 — The retail prices of RON97 and RON95 petrol will be higher by two sen per litre, at RM2.36 and RM2.06, respectively, for the week beginning midnight tonight up to Feb 21. A Finance Ministry statement said the price of diesel will be higher by six sen per litre,...
Edelweiss Q3 profit drops 93% to Rs 17 crore; debt-to-equity ratio improves
Consolidated expenditure of the company increased to Rs 2,598.06 crore in Q3FY20 over Rs 2,439.14 crore in Q3FY19.
Suffolk and north Essex left counting the cost of Storm Ciara
The region has been left counting the cost after Storm Ciara struck last weekend, according to an insurer.
Married NHS consultant, 54, accused of affairs with two patients he treated in A&E is CLEARED of misconduct as disciplinary panel slams 'defective' hospital investigation into the claims
Dr Richard MacCallum, 54, was accused of having sex with two patients who were admitted to A&E at Stirling Royal Infirmary in Scotland, where Dr MacCallum was a consultant.
German economy stagnates as eurozone records weakest growth in seven years
Germany and the eurozone also face the possibility of disrupted trade with Britain, which left the EU on January 31
XRP Outperforms Top 5 Cryptos, Unfazed by BitMEX Crash
The price of XRP recovered remarkably after the BitMEX crash, which led to heavy liquidations. Now, XRP is the best-performing coin among the leading 5
GMA partners with Korean company for 'Running Man'
GMA-7 partners with SBS Korea in a co-production deal for the local version of the Korean reality-comedy game show, “Running Man”. Present during the contract signing were GMA Chairman & Chief Executive Officer Atty. Felipe L. Gozon; President & Chief Operating Officer Gilberto R. Duavit, Jr.; Executive Vice President and Chief Financial Officer Felipe S. Yalong; VP for Entertainment Group Redgie Acuña-Magno; VP for Business Development Department II Janine Piad-Nacar; AVP for Business Development Department II Bang Arespacochaga & Senior Program Manager Enri T. Calaycay.
South Africa: Rand best CEEMEA performer this week – Rabobank
The South African rand was on track to end this week as the best performer amongst its CEEMEA peers after President Ramaphosa’s speech, Piort Matys fr
Tennessee Republicans worry women will go on tampon-buying frenzy
During an annual three-day holiday, shoppers are allowed to buy computers and clothing tax-free, but a proposal to include tampons has gotten pushback
The IMF will Present the Results of its Regular Mission to Bulgaria
The International Monetary Fund will present the results of its regular mission to Bulgaria. Experts have been in the country since February 4, and traditionally, they have had a number of meetings with government representatives, BNB, business and non-governmental organizations.
SpiceJet shares climb nearly 6% after Q3 results
In the 2018 December quarter, the carrier recorded a profit of Rs 55 crore.
Alviva shares crash 25% as ICT distribution comes up short
Shares in technology distribution group Alviva Holdings tumbled more than 25% in intraday trading in Johannesburg on Friday after it shocked investors with a profit warning.
DRC: controversy over road infrastructure project [Morning Call]
Controversy in Kinshasa over President Félix Tshisekedi's infrastructure development project called "Hundred Days Emergency Program". Investigation launched over suspected embezzlement of funds
US’ 4th extension shows Huawei’s strength: industry insiders
The US Department of Commerce announced on Thursday that it was issuing a 45-day extension allowing US companies to continue doing business with Chinese telecoms giant Huawei Technologies Co. It is the fourth such extension by the US.
Bernie Sanders on Social Security: Everything You Need to Know
Here's a look at how Democratic presidential candidate Bernie Sanders would tackle Social Security's $13.9 trillion long-term cash shortfall.
IOC face ‘big communications job’ as virus jitters hit Tokyo Olympics
TOKYO, Japan, Feb 14 - Olympic chiefs admitted Friday they face a "very big communications job" to soothe concerns over the coronavirus epidemic in the Get the latest local and international sports updates, football, rugby, athletics, golf, cricket and more
Murdered Kieran Doherty's mother 'relives his death every day'
A murdered dissident republican's mother relives the moment of his death every day, his uncle said.
Foreign investors in row over Lebanese debt
Ashmore has locked horns with other creditors, including Pimco
U.S. Dollar Rises On Continued Flow Of 'Safe Haven' Money
The recent rise in the value of the US dollar appears to be connected with the flow of risk averse monies seeking a safe haven investment.This is not a new factor for US markets as the country has rec
'Basta' to Social Inequality and Castes': Vice Speaker of Italian Senate on Lifelong Pensions to MPs
On Saturday, 15 February, the 5 Star Movement (M5S) will take to Santi Apostoli Square in Rome to protest against the possible return of lifetime payments to former MPs.
Dan Loeb’s Third Point Discloses $115M ViacomCBS Stake
The hedge fund also revealed that it cut its holdings in Fox Corp. by more than 37 percent, and acquired a $130 million stake in Amazon.
Temasek arm sells Rs 204 crore Godrej Agrovet shares
The shares were offloaded on an average price of Rs 539.13, valuing the transaction at Rs 204.04 crore.
WHO: Coronavirus cases among health care workers peaked in third and fourth week of Jan
"We need to know more about the infection of 1,760 Chinese health workers, including the time period and circumstances," World Health Organization (WH
Corruption: EFCC convicts 70 persons in Akwa Ibom
The Economic and Financial Crime Commission (EFCC), Akwa Ibom Zone yesterday said it convicted a total of 70 persons in the state...
Drop In School Attendance Concerning
Results out today showing a drop in school attendance in 2019 is a cause for concern, says NZEI Te Riu Roa President Liam Rutherford.
India needs urgent structural reforms: IMF
India urgently needs more ambitious structural and financial sector reform measures and a medium-term fiscal consolidation strategy due to the rising debt levels while ensuring a more accommodative fi
US: UoM Consumer Confidence improves to 100.9 in February from 99.8
The University of Michigan's Survey of Consumers revealed that the Index of Consumer Sentiment in February improved to 100.9 (preliminary) from 99.8 i
SC pulls up DoT for non-collection of AGR dues
Airtel to pay ₹10,000 crore by February 20
Asian Defence Spending Increases By More Than 50% In 10 Years, Report Says
The International Institute for Strategic Studies study suggests 2019 saw the largest yearly global defence-spending rise in a decade.
Facebook may have to pay more tax, Zuckerberg accepts
Global cross-border taxation rules are set to be rewritten
EV is the way to go
Re: “Washington should pass clean-fuel standard like Oregon, California” : State Rep. Joe Fitzgibbon’s Op-Ed made a common-sense case for Washington state setting goals to reduce greenhouse-gas emissions...
Trouble At The Law Firm Filing Patently Ridiculous Lawsuits On Behalf Of Tulsi Gabbard
We've covered the two ridiculous lawsuits filed by Tulsi Gabbard in the past few months -- one against Google and another against...
How this row of bungalows has become unlikely test bed for cheaper electric bills - but it comes at a whopping cost
The Swansea Valley properties will be fitted with gizmos like new Tesla batteries
CPPIB reports 3.6% rate of return after expenses in third quarter
Net assets for the Toronto-based fund manager grew to $420.4 billion as of Dec. 31, up from $409.5 billion at the end of the previous quarter.
Euro rebounds as U.S. stocks drop, growth concerns remain
NEW YORK — The euro bounced against thegreenback on Friday as U.S. stocks declined from record highs,though concerns about growth in the eurozone are expected tokeep weighing on the single currency.
Flash floods, hail, rain: Nightmare for Friday commuters
Hail, flash flooding and heavy rain are expected in Melbourne on Friday afternoon, just as commuters head home for the weekend.
GoAir appoints Vinay Dube, former Jet Airways chief, as new CEO
In recent weeks the airline has been facing challenge due to delays in deliveries of aircraft and spare engines resulting in cancellation of flights
Plastics tax, carbon-trading cash to cover EU’s Brexit gap, officials say
BRUSSELS, Feb 14 — Top European Union official Charles Michel proposed today filling the Brexit gap in the EU’s next long-term budget with revenue from a new tax on plastics and funds from trading carbon emissions. Presenting a so-called negotiating box, which will form the basis of intense...
Canopy Rivers swings to loss, withdraws guidance on industry headwinds
TORONTO — Canopy Rivers Inc. says it swung to a loss in its third quarter of 2020 and has withdrawn its full-year guidance over multiple headwinds in the cannabis industry. The venture capital arm of Canopy Growth says it had a net loss of $2.
Delta will invest $1 billion to become first carbon-neutral airline
Delta will invest $1 billion over the next decade in an effort to become the world's first carbon-neutral airline, the company announced Friday.
Indian Overseas Bank to focus on MSME-lending: CEO
Laying more focus on the MSME segment, Indian Overseas Bank (IOB) will increase its lending to the sector from ₹31,000 crore at present to ₹50,000 crore in a couple of years from now, said a top offi
Textile industry told to diversify to polyester to boost exports
Ravi Capoor, Secretary (Textiles), has urged the industry to diversify to polyester textile products to boost exports.His advice follows the government’s decision to abolish anti-dumping duty on P
Indonesia: BI to stay on hold – Standard Chartered
Indonesia will release trade data on 17 February and the Bank of Indonesia (BI) will hold its monthly meeting on 19-20 February. Economists at Standar
IOC face 'big communications job' as virus jitters hit Tokyo Olympics
The head of the International Olympic Committee (IOC) coordination commission insisted there was no danger of Tokyo 2020 being cancelled or moved.
Quick strategies needed to shift dependency on China
China is Indonesia's largest trading partner, our second-largest supplier and third-largest foreign investor. These three indicators should be more than enough for us to be vigilant and immediately anticipate further adverse impacts.
Modell’s Brings On Advisers Amid Slumping Sales, Online Competition
Modell's Sporting Goods has brought on a trio of advisers with the inclusion of a chief restructuring officer in response to disappointing sales.
Fortis Q3 net loss narrows to Rs 69.32 cr on good show in hospital business
The third quarter of 2019-20 continues to witness earnings growth with margin expansion in the hospitals business
Consumer Sentiment Soars on Improved Optimism and Best Income Gains Since 1960
Consumer sentiment climbed again in early February, moving toward the highest level in 15 years. | Economy
Smelling this year's Valentine roses could leave you on a real high
Smelling this year's Valentine roses could leave you on a real high
Vodafone's India operation on brink of bankruptcy after court ruling
India's Supreme Court has rejected an application to delay the payment of billions of dollars in backdated taxes and penalties that bankrupt Vodafone Idea.
Renault Samsung Motors: the next Korean auto brand in PH?
The brand Samsung won't be just about electronics anymore in the country
Best-ever January for housing market as mortgages, house sales skyrocket
Turkish house sales jumped 55.8% year-on-year in January, the best-ever start to the year for the housing market, according to a national statistical body...
Best Drill Interceptions In The Metals Mining Sector For The Week Ended February 9, 2020
Walker River with Bonanza grade gold interception in Nevada.Gran Colombia discovers new high-grade gold zone at Marmato in Colombia.Erdene continues to deliver good drill results from its Mongolian pr
Japanese Regulator Blacklists AAFX, Justforex and GlobePro
The Kanto finance bureau of Japan’s Ministry of Finance (MoF) on Friday reminded the public to exercise caution when dealing with affiliates or introducing brokers of unregulated FX companies.
At least 10 countries contact Turkey for domestic car dealership, minister says
Many countries have requested to sign deals to sell Turkey's first domestically produced car introduced last December, the Turkish industry and technology...
Duterte promotes local tourism amid COVID-19 scare
President Duterte has urged Filipinos to travel with him around the Philippines amid growing concern over the threat of the coronavirus disease (COVID-19) in the country.
Financial anxiety can take a toll on teacher performance
Even where teachers earn well above the national average, financial anxiety can affect performance, attendance, and the likelihood they'll leave their job.
1980s conservatory to be replaced with traditional orangery at Stafford hall
A 1980s-style conservatory built on the side of a Grade II listed country house without planning permission is now set to be replaced with a more traditional-looking orangery after councillors gave plans the go ahead.
Fiat Chrysler halts production in Serbia over China disruption
MILAN, Feb 14 — Fiat Chrysler (FCA) said today it had temporarily halted production at its Serbian plant due to disruptions related to components sourced from China, where businesses have been hampered by the outbreak of a new coronavirus. Planned downtime at the Kragujevac plant in Serbia, where...
Sir Geoffrey Boycott, 79, shuns the cameras and avoids interviews as he picks up knighthood at Buckingham Palace amid backlash over his conviction for assaulting ex lover
The convicted domestic abuser shunned all media while picking up his knighthood at Buckingham Palace today. The 79-year-old was found guilty of beating up Margaret Moore in 1996.
Lee Child says united Ireland 'hundreds of years overdue'
One of Britain's most famous authors has told of his hopes for a united Ireland, saying the move is hundreds of years overdue.
London luxury tower block that's home to foreign students is disinfected by hazmat suit-clad workers after Chinese woman becomes the UK's 9th victim of virus
Workers in protective suits were sent to One The Elephant in London yesterday morning, after the UK's ninth case of the SARS-2 virus was recorded the night before.
Shell confirms Singapore Covid-19 case, sends staff home after another scare
SINGAPORE, Feb 14 — Shell said today a contractor working at its Singapore refinery had contracted Covid-19, as the city state reported its biggest jump in new cases so far. The oil giant said earlier it had sent some staff home from its main office in Singapore after discovering another employee...
Cruise industry shuns Asia, seeking to limit Covid-19 risks
BANGKOK, Feb 14 — The plight of the cruise ship off Japan with more than 200 coronavirus infections and the shunning of another luxury liner by five ports despite no known cases has led to a sharp change in tack for an industry in shock: avoid Asia. To that end, many cruises in the region are...
China's virus crackdown leaves millions working at home
The government extended the Lunar New Year holiday to keep factories and offices closed. Cinemas, temples and other tourist sites were shut down to prevent crowds from forming.
A Seismic Shift? Kraken Releases January Bitcoin Volatility Report
Kraken Intelligence, our team of in-house research experts, has released its Bitcoin Volatility Report for January, 2020. Key Takeaways BTC’s +30.3% price appreciation marked its best start to the year since 2013. Stronger 1-month correlations with gold, oil, and US treasuries suggest that the Iran-US…
Tesco under fire for blocking rival stores opening nearby
Tesco has come under fire for stifling competition in the grocery market for up to 10 years, preventing rivals from opening stores near their own. The competition watchdog said it first approached the country's largest supermarket chain on the issue in 2018 after uncovering evidence it had been stopping landlords from letting property to rivals The Competition and Markets Authority (CMA) said the supermarket may have reduced competition by unlawfully leaning on its landlords not to rent nearby sites to rivals, leaving shoppers worse off. The watchdog stopped short of fining Tesco because it is unable to do so under current rules.
STORM DENNIS: It's going to get seriously wet and windy this weekend
While staying to the northwest of Ireland Storm Dennis will produce some wet and windy weather over Ireland this weekend.
Murdered Kieran Doherty’s mother ‘relives his death every day’
It is 10 years since the victim, 31, was found dead after he was dumped on the Braehead Road in Londonderry.
Forex reserves soar to record $473 b
India’s foreign exchange reserves rose by $1.701 billion to a lifetime high of $473 billion in the week to February 7 on account of the increase in foreign currency assets, according to RBI data. In t
S&P 500, Dow little changed amid Covid-19 worries; Nvidia forecast buoys Nasdaq
NEW YORK, Feb 14 — The S&P 500 and the Dow barely moved today, as worries over an economic hit from the coronavirus outbreak refrained investors from making big bets ahead of a long weekend, while gains in Nvidia shares kept the Nasdaq in positive territory. Adding to the downbeat sentiment...
Compensation from Boeing over 737 MAX grounding key to SpiceJet operations
Incentives crucial for its survival as 737 MAX grounding stalls expansion plans
Facing Years in Prison, the Worst Could Still Be Yet to Come for Michael Avenatti
Celebrity attorney Michael Avenatti has been found guilty on all counts against him in a case arising from his alleged shakedown of athletics apparel and sneaker giant Nike.
Shree Cement's Dec-quarter pre-tax profit up 2.8% at Rs 409 crore
PBT in Q3 of the last fiscal year stood at Rs 398.5 crore
Strong will to take Turkish-Pakistani trade, economic ties to new heights
Ankara and Islamabad look to benefit from the increasing trend in recent years and raise their bilateral trade volume to $1 billion in short-term, before eventually increasing it to $5 billion
The pope’s liberal supporters feel that he’s let them down
Francis’s refusal to allow the ordination of married men has highlighted divisions in the church, says journalist and author Catherine Pepinster
Asian market helps Manulife and Sun Life in latest quarters
Both companies have offices in Waterloo Region
Tax reform, policy uncertainties to cause oil drop in Nigeria, WoodMac warns
A new report by consultancy firm, Wood Mackenzie, has disclosed that Nigeria’s crucial energy sector could experience a 35% decline in oil output.
Africa's wealthiest man, Aliko Dangote, acquires additional shares worth $3.99 million in his Cement business
Africa's wealthiest man, Aliko Dangote, has acquired additional shares worth $3.99 million (N1.45 billion) in his publicly-listed company, Dangote Cement.
Stock investors say Ramaphosa’s speech was too light on details
Market participants will look for answers in the budget speech.
Hong Kong doctor battles fear and separation on virus ‘dirty team’
The 38-year-old volunteered to join staff on isolation wards -- dubbed
As Boeing jets sit idle, Airbus can’t make planes fast enough
The troubles plaguing Boeing after the yearlong grounding of its 737 Max plane have created an unusual opening for its chief rival, Airbus, to swoop in and grab business. There’s just one hitch: Airbus is in no position to benefit.
Dying a desperate death: A Wuhan family's coronavirus ordeal
There were no doctors, nurses or medical equipment at the Wuhan hotel converted into a temporary quarantine facility for suspected coronavirus ...
The big news: Telecom companies told to pay dues to government by midnight, and 9 other top stories
Other headlines: A third Indian on a cruise ship in Japan tested positive for coronavirus, and a parent and teacher were given bail in the Bidar sedition case.
Interim EconMin Popescu in Mangalia: I am very pleased with how Damen Shipyard developed
Interim Minister of Economy, Energy and Business Environment Virgil Popescu has stated on Friday, during a visit paid to the Damen Mangalia...
The Berniephobes Are Wrong
Wall Street fears the rise of the Vermont senator. The rest of America has less to worry about.
Weather warnings as Scotland braced for second storm this week
Heavy rain and strong winds are predicted as Storm Dennis hits the country on Saturday.
Weather warnings as Scotland braced for second storm this week
Heavy rain and strong winds are predicted as Storm Dennis hits the country on Saturday.
Storm Ciara expected to cost up to £200m in insurance claims
Experts at PwC say Storm Dennis likely to add to damage with 140mm of rain predicted
Weinstein is an 'abusive rapist' who saw himself as 'master of his universe,' prosecutor says in closing argument
Harvey Weinstein, an "abusive rapist," saw his alleged victims as "ants who he could step on" but ultimately "underestimated" them, lead prosecutor Joan Illuzzi told jurors Friday as his rape trial nears its end. After the defense in Weinstein's trial rested its case earlier this week and made its closing argument Thursday, Illuzzi on Friday began to wrap the prosecution's case, saying the disgraced producer saw himself as "the master of his universe, and the witnesses here were really ants who he could step on without consequences," per The Hollywood Reporter. Weinstein is facing sexual assault and rape charges stemming from the allegations of two women, one of whom alleges he forcibly performed oral sex on her in 2006 and one of whom alleges he raped her in 2013. Four additional accusers testified in the trial. Weinstein's defense has argued the encounters were consensual and throughout the trial has pointed to witnesses maintaining contact with Weinstein. But Illuzzi in her closing argument said Weinstein…
Pat Flanagan column: Paying dumped politicians €2 million between them is an insult to public who voted them out
They call them 'parachute' payments, but maybe the word parasite is more appropriate
Appeals court seems poised to reverse landmark Qualcomm antitrust ruling
"What would be anticompetitive about that?" one judged asked.
Zuckerberg accepts Facebook may pay more tax outside US: Politico
Facebook Chief Executive Mark Zuckerberg accepts that global tax reforms mean the social networking giant may have to pay more taxes outside of ...
2019 brings first and highest current account surplus since 2001
Turkey achieved a higher-than-expected current account surplus in 2019, its first and highest surplus since 2001, official data showed Friday. Having...
Canopy Growth: Only Faint Positives
Canopy Growth beat consensus estimates for FQ3.The Canadian cannabis company still had a massive free cash flow loss of C$360 million.The stock has a fully diluted market cap of $8.4 billion and FY21
Not Too Sweet? 'Sugar Scandal' Rocks Lukashenka's Belarus
Four top executives in Belarus's once-lucrative sugar industry vanished without a trace. Two weeks later, President Alyaksandr Lukashenka announced they were being held by police on suspicion of masterminding what he suggested was the biggest scam the country has ever seen
Quarantined cruise ship passengers beg Richard Branson for help
A British couple stuck onboard a cruise ship quarantined off the coast of Japan have appealed to billionaire Richard Branson for help.
Zuckerberg accepts Facebook may pay more tax outside US - Politico
Facebook Chief Executive Mark Zuckerberg accepts that global tax reforms mean the social networking giant may have to pay more taxes outside of ...
Jes Staley’s Jeffrey Epstein issue is just the latest Barclays tangle
Here’s why running this particular British bank is like riding a rollercoaster
MADITSSIA hails schemes for MSMEs
MaduraiMadurai District Tiny and Small Scale Industries Association (MADITSSIA) welcomed the schemes announced in the budget, presented in the Tamil Nadu Legislative Assembly on Friday, to leverage th
Kraft Heinz Is Still a Mess
Another disappointing earnings report shows that the company's still in disarray.
First coronavirus case in Africa recorded in Egypt
Cairo, Egypt | AFP | Egypt’s health ministry on Friday confirmed its first case of the novel coronavirus, making it the first in Africa. The nationality of the person was not given in the joint statement with the population ministry, which added that they had shown no “symptoms”. Authorities have notified the World Health Organization …
Warren Buffett just lost $1 billion in 2 days after Kraft Heinz disappointed again
Warren Buffett lost more than $US1 billion this week after Kraft Heinz stock plummeted 11% in two days.
Pound-to-Dollar Rate Retreats from Greenback but Charts Point Higher
The British Pound vs the US Dollar: GBP/USD News and Conversion Level for Pounds to Dollars
Telemarket scammer talks to a bot for over 10 minutes
The Jolly Roger Telephone Company is a subscription service that answers phone calls from suspected scammers and connects them to a bot that will happily chat with them for hours, days, or weeks. T…
German economy flatlines after spending and exports slowdown
GDP growth at 0% for final quarter of 2019 with no upturn forecast in the short term
Patients, staff of Maternal and Children’s Hospital thrilled on Chocolate Day
news, story, article
IMF's Georgieva: Coronavirus is big uncertainty today for world economy
The coronavirus outbreak is a big uncertainty for the world economy, International Monetary Fund's (IMF) Managing Director Kristalina Georgieva said o
This is what it feels like to have Covid-19 coronavirus
FOR one Covid-19 coronavirus patient at ground zero of the outbreak, the journey from infection to recovery was a nightmare scenario that entailed multiple hospital visits, symptoms so severe he thought he would die and quarantine under police watch.
More than 677,000 on hospital waiting lists last month, new figures show
Almost 103,000 people have been waiting more than 18 months for a slot
Bed Bath & Beyond's Meltdown Has Only Just Begun
The retailer’s unexpected fourth-quarter update indicates that things could get much worse before they get any better.
'I’m Optimistic That Dominic Cummings Will Be Changing Things For the Better' – Political Analyst
British Prime Minister Boris Johnson’s new cabinet has met for the first time following yesterday’s reshuffle, which saw the likes of Chancellor of the Exchequer Sajid Javid, Housing Secretary Esther McVey and Business secretary Andrea Leadsom lose their posts.
Europe Seeks To Have G20 Tackle Tech Firm Taxation
Europe now wants global financial leaders in the G20 to make taxing digital giants a priority in 2020.
Why Virgin Galactic Stock Just Popped Another 13%
Does this stock know any direction other than up?
Artificial intelligence ‘could prevent disease’
Experts have been looking at whether technology can be used to predict conditions early enough for effective treatment.
U.S. January industrial output falls on weather, Boeing drop
WASHINGTON (Reuters) - U.S. industrial production fell 0.3% in January as unseasonably warm weather held down the output of utilities and Boeing Co (BA.N) cut production of civilian aircraft, the Federal Reserve said on Friday.
Pixel 3 XL is $399 in Limited Time Deal ($500 Off)
One of the best Pixel 3 XL deals to date just showed up at B&H Photo as a $500 discount that drops the phone to $399. Normally $899, this is an incredible deal on the previous generation Pixel phone. This particular deal is a limited time DealZone promo from B&H, so it’ll go away when they sell...
Finance technology takes lion's share of investment in 2019
Fintech startups worldwide managed to attract over 30% more investments last year compared to 2018, taking the lion's share of investment deals, while fintech startups in Turkey inked 17 investment deals worth $8.4 million
MTN collects 400 pints of blood on Val's day in Volta, Oti Regions
news, story, article
RCom Q3 consolidated loss widens to Rs 10,598 cr, income slips to Rs 263 cr
The company had posted a loss of Rs 238 crore in the same period a year ago
Vinay Dube appointed as GoAir CEO
As GoAir CEO, Vinay Dube would be responsible for the management of the airline and also for meeting the goals and long-term growth objectives of the company
Shutdown of CN Rail lines leads to propane shortages in the Maritimes
Businesses and homes across Atlantic Canada are days away from running out of propane as a result of anti-pipeline protests that have cut off rail links across Canada.
Chinese pharma firm in Dundalk suspends travel to and from China
WuXi said it prioritised its employees’ ‘health, safety and wellbeing’
GM Scrambles to Shield U.S. Plants From Virus Disruption
General Motors Co. is working to maintain the flow of parts to some of its most profitable U.S. plants to keep them from becoming the next factories idled by the coronavirus spreading in China.
BP Pledges to Go Carbon-Neutral—How Remains an Open Question
The oil major says it will eliminate or offset all its emissions—roughly equal to those of Australia—by 2050
Expert: Venezuelan Oil Production Currently at 1945 Levels
The oil-rich nation of Venezuela is producing its lowest output of oil in 75 years, according to professor Rafael Quiroz.
IMF and World Bank say poverty-stricken Somalia is eligible for debt relief
The IMF and World Bank have said that Somalia is eligible for debt relief under the Enhanced Heavily Indebted Poor Countries (HIPC) initiative.
Germany unlikely to stoke stuttering eurozone coffers
Germany entered 2020 with a flatlining economy and manufacturers in distress, leaving it ill prepared for continued trade uncertainty and the new coronavirus threat.
More than 1,500 to be hired for event days at Allegiant Stadium
Representatives of ASM Global and Levy Restaurants told the Community Benefits Plan Oversight Committee about plans to hire more than 55 percent minorities.
Relief for coronavirus patients? Chinese daily claims Covid-19 can be cured with plasma from recovered patients
An expert from China said that a therapy for the novel coronavirus that involves the plasma of recovered patients has started to show effects.
LVMH Announces Nominees for 2020's Young Fashion Designers Prize
Shortlisted labels include Casablanca, Nicholas Daley, Peter Do and Ahluwalia Studio.
Textile policy to be rolled out by mid 2020
Mega parks will help country scale, spurring cost effectiveness: Textiles Secretary
DMart share sale sees 3 times subscription, investors bid for 45 mn shares
The stock fell 5.6 per cent to end at Rs 2,401 in secondary market trade. A further 1.5 million shares meant for retail investors will be auctioned on Monday.
End Point Clinic donates motorcycles to Traditional Medicine Practice Council
news, story, article
Wyndham, the world’s largest hotel brand, has temporarily closed 70% of its hotels in China in response to the coronavirus outbreak
Wyndham Hotels has temporarily closed approximately 1,000, or 70%, of its 1,500 hotels in China in response to the coronavirus outbreak, Wyndham CEO Geoff Ballotti said on an earnings call with investors on Thursday.
Alappuzha bypass to be ready in April
Minister visits Kuthirapanthy
Minister calls for framework to close gender gap in energy sector
news, story, article
Kraft Heinz downgraded to junk status by Fitch Ratings
Food firm ends up with massive debt load due to deals and jeopardised credit ratings
Lakshmi Vilas Bank needs up to ₹2,000 cr. to stay afloat: CEO
Third quarter results kindle hope of raising funds, he says
Plans go in for new Newtown Aldi store
A new supermarket is set to be built on the site of a former car dealership.
Lewis pays tribute to predecessor as a ‘good friend’
Julian Smith was sacked as Northern Ireland Secretary during Thursday’s Cabinet reshuffle.
Vellore entrepreneurs welcome capital subsidy increase
The Vellore District Micro and Small Entrepreneurs Association (VDMSEA) has welcomed the budget proposal for an increase in subsidy for investments in MSMEs. In a press release issued here, VDMSEA pre
Lewis pays tribute to predecessor as a ‘good friend’
Julian Smith was sacked as Northern Ireland Secretary during Thursday’s Cabinet reshuffle.
4 signs it's time to switch banks
If you've been with your bank since you were born and never considered switching, it may be time to take a look at your options.
Sical Logistics posts Q3 loss of ₹48 crore
Sical Logistics Ltd. an integrated logistics provider and unit of the Coffee Day group, has posted a net loss of ₹48.28 crore for the third quarter ended December 2019 against a profit of ₹7.96 crore
FTSE 100 ends week lower after week AstraZeneca, RBS results
UK blue-chip shares fell for a second day on Friday after AstraZeneca and RBS reported underwhelming results, while investors remained unsettled because of concerns over the impact of the coronavirus outbreak on the global economy.
‘Construction Of Ram Mandir Will Start On Ram Navami In April’: Janmabhoomi Trust Member Kameshwar Chaupal
Kameshwar Chaupal the Dalit member of Shri Ram Janma Bhoomi Tirtha Kshetra - the trust responsible for the construction and upkeep of the Ram Mandir in Ayodhya, has announced that he is confident about the construction starting on Ram Navami in April, Rediff has reported.
Weather warnings as Scotland braced for second storm this week
Heavy rain and strong winds are predicted as Storm Dennis hits the country on Saturday.
Alnylam: RNAi Treatment Sales And Pipeline Excite But Profitability A Concern
Alnylam is chiefly responsible for a resurgence amongst RNAi based drug developers after Onpattro - a treatment for hATTR amyloidosis - was approved by FDA in August 2018.The drug achieved sales of $1
Artificial intelligence ‘could prevent disease’
Experts have been looking at whether technology can be used to predict conditions early enough for effective treatment.
Deportation is a cruel punishment for ex-offenders and their families
Letters: Letters: Treating other countries as receptacles for unwanted individuals does little to enhance the UK’s global image, says Trista Selous. Plus, a letter from Bernard Besserglik
Artificial intelligence ‘could prevent disease’
Experts have been looking at whether technology can be used to predict conditions early enough for effective treatment.
Pluralsight: Playing The Value Game
Shares of Pluralsight plummeted nearly 10% after reporting fourth-quarter results, despite beating Wall Street estimates on the top and bottom line.Investors mulled an in-line revenue guidance for FY2
Young minds to fuel the growth of the pharma sector
Young minds to fuel the growth of the pharma sector
Artificial intelligence ‘could prevent disease'
Experts have been looking at whether technology can be used to predict conditions early enough for effective treatment.
Rangers release statement over outstanding £2.8m owed to them by kit supplier Hummel
Rangers have released an official statement over the outstanding money owed to them by kit supplier Hummel.
Lewis pays tribute to predecessor as a ‘good friend’
Julian Smith was sacked as Northern Ireland Secretary during Thursday’s Cabinet reshuffle.
After SC's warning, govt orders telcos to clear dues by 11.59 pm tonight
After Supreme Court threatened contempt proceedings against top executives of of Bharti Airtel, Vodafone Idea and other telecom firms, the telecom department on Friday began issuing orders, asking firms to clear past dues immediately. The government has also asked telecom companies to pay their dues by 11.59 pm tonight
Tesco illegally stopped landlords renting out sites near its stores to rivals, a watchdog found
It blocked rivals from opening stores in 23 locations across the UK - including one in Wales
MTNL Q3 loss widens to Rs 1065 crore, revenue dips 14% to Rs 624 crore
Employees cost of MTNL during the reported period stood at Rs 755.48 crore
UD cuts pace of budget growth by $10 million, searches for new savings
— University of Dayton leaders say the school remains strong, but it needs to be nimble in facing demographic and population challenges that impact universities in Ohio and beyond.
Andrea Orcel suffers defeat in criminal complaint against Santander
Ex-UBS banker is pursuing a civil case against the Spanish bank for alleged breach of contract
This photo triggered China’s Cultural Revolution
Mao Zedong swimming in a river in 1966 was a big deal.
Quarantined cruise ship passengers beg Richard Branson for help
A British couple stuck onboard a cruise ship quarantined off the coast of Japan have appealed to billionaire Richard Branson for help.
‘We’re an afterthought’: The push to get Asian-Americans to complete the census
Asian-Americans are the fastest growing population in the nation. But organizers and activists like Yi, 63, worry that Asian-Americans remain largely misunderstood.
Senator Schumer calls on MTA to improve grade crossing safety
Senator Charles Schumer is calling on the MTA to improve safety to grade crossings following last month's accident between a truck and a train in Sloatsburg, Putman County.
Up 60% the Last 6 Months, This Cloud Company Just Boosted Its Growth Prospects
Important new partnerships will materialize over the next few quarters.
Get ready for global economy's dreadful future: Save more, work longer, and expect less
Ultra-low and negative interest rates are taking hold in countries where economic growth has been sluggish.
Did Trump Tell Barr to Cut Stone Slack? Who Cares?
Let’s come back to this brief exchange we had last night with TPM Reader HR and TPM Reader TB. No...
Why Yogi Adityanath Wants India And Nepal To Know About Women Workforce Of This Naxal-Affected Village
Flowers and leaves offered at temples, which were earlier discarded, are now being recycled, claims the CM.
‘Post Aug.5, J&K banks harassing us’
At least 21 Kashmir-based traders bodies on Friday, in full-page advertisements published in local dailies, accused the banks of harassment and persecution of the families of the borrowers in the name
DBB: Coronavirus Already Priced In
DBB has experienced a tentative rebound since the start of February, after a sharp sell-off of 6% in January.Given the slowing pace of the spread of the coronavirus, macro fears, which surged in Janua
Data Shows Bitcoin’s Progression From Retail To Institutional Asset
As Bitcoin matures, a wider range of investors begins to consider the asset as an investment to add to their portfolios. New data shows exactly how
People in countryside hit with higher bills
People living in rural East Anglia could be spending thousands more on household essentials than others in the UK, according to a new report.
Canada: CPI inflation is projected to firm to 2.4% in January – TD Securities
Previewing next week's macroeconomic data releases from Canada, "CPI inflation is projected to firm to 2.4% in January on a combination of a 0.3% m/m
US manufacturing output hit by Boeing troubles, slips 0.1%
Excluding the production of airplanes and parts, factory production rose 0.3%.
Pakistan has achieved all economic goals, IMF says
--Global financial body says 'govt has made considerable progress in last few months to advance economic reforms' The International Monetary Fund (IMF) on Friday announced that Pakistan
Victory as British Gas reverse meter change that left poor families going hungry
The energy giant agreed to a U-turn after the minimum payment rise, from £1 to £5, attracted a 90,000-strong petition and a story on Mirror Online
Irish whiskey sales in US on the up as American spirits exports plunge due to tariffs
It marks an even better year for Irish whiskey than 2018 when US sales topped $1 billion for the first time ever.
Coronavirus doesn't stop Valentine's Day celebrations on quarantined cruise ship
Passengers were treated to special food and entertainment on the most loved-up day of the year.
Coronavirus pods set up at Black Country hospitals
Coronavirus assessment pods have been set up outside hospitals in the region to stop A&E departments being overrun.
Escape From Quarantine: Russian Flees After Negative Coronavirus Tests
Alla Ilyina fell sick after returning home to Russia from China and was held in isolation at a St. Petersburg hospital. But after she tested negative twice for coronavirus, she decided there was no reason to stick around.
Don’t be Proud, be humble, Senator Owie tells Bayelsa Governor- Elect
FORMER Chief Whip of the Senate, Senator Rowland Owie has congratulated the Governor- Elect, Senator Douye Diri, and the Deputy Governor
Consumer Spending Drives Jan. Retail Sales Boost
News: Retail sales, which are an indication of purchases at restaurants, stores and online, rose a seasonally adjusted 0.3 percent last month from December.
State pawnshop Pegadaian on the lookout for fintech partners to develop digital financing
Pegadaian president director Kuswiyoto said on Thursday that the partnership with fintech operators was expected to further develop services the company provide in the Pegadaian Digital mobile apps.
Don’t let the coronavirus scare have you turning bearish on equities
The economic fallout with be transitory in nature
Amazon, Flipkart seek rollback of new Indian tax on online sellers
NEW DELHI (Reuters) - Amazon and Walmart’s Flipkart are among online retailers demanding that India scale back a proposed tax on third-party sellers on their platforms, saying the burden of compliance will hurt the fledgling industry, according to documents seen by Reuters.
Cisco Remains Big Tech Laggard
Fiscal Q2 continues top/bottom line beat trend.Guidance in-line with expectations down meaningfully.Dividend raised by a penny.
No talks on opening up poultry and dairy markets to US companies: Govt
International media reports on Thursday suggested that India had finally allowed market access to chicken legs from the US
Irish homeowners with €300k mortgage paying €229 more a month than euro area average
Irish homeowners with a €300k mortgage being repaid over 30 years are paying €229 more a month than their euro area counterparts, according to figures released today by the Brokers Ireland group.
Rock lobster fishing quota feedback sought - MPI
Fisheries New Zealand is seeking public feedback on proposals to allow rock lobster fishers to carry forward some or all of their uncaught Annual Catch Entitlement (ACE) into the following fishing year, which begins in April 2020.
Briton stranded on cruise ship ‘really thankful’ to be going home
John Stanley had been stranded at sea for two weeks on the MS Westerdam.
Virgin Galactic's record-breaking week doesn't stop short-sellers
Richard Branson’s Virgin Galactic Holdings Inc. may close at another record on Friday after hitting new highs every day this week, but bearish bets are climbing too.
Rand firmer after Ramaphosa’s speech, stocks flat
South Africa’s rand firmed on Friday after President Cyril Ramaphosa set out brief plans to stimulate economic growth during his state of the nation address, although his speech was short on specifics and timeframes.
Airbus fined €3.6bn for global bribery scandal
One of Bristol's biggest firms used bribes to stack the decks in its favour and win contracts around the globe
City club to reopen despite drugs and weapons finds
A Birmingham rock bar is set to reopen after being closed when police found class A drugs and cash inside a safe.
German economy stagnates as eurozone growth reaches 7-year low
Germany, Europe’s largest economy, has recorded a zero growth between October and December, as manufacturing remained in a slump and exports fell.
PMO to banks: NCLT cannot be escape route, refer only NPAs of over ₹200 cr
Move to prevent closure of firms and job losses
Not Time To Buy KLX Energy Services Holdings
Telling a story about a wealthy CEO and cyclicality is not enough to overcome facts on the ground.The entire oilfield sector faces real headwinds well into the future.Ongoing losses mean this company
Export of services rises 11.6% to $20 bn in Dec; imports up 10.3%
Surplus in trade services stood at $7.45 billion for December
SpiceJet gets ‘interim offer’ from Boeing
Claims ₹537 cr. citing grounded craft
Europe wants G20 to make taxing digital giants top priority this year
BRUSSELS (Reuters) - Europe wants the world’s financial leaders to make it their top priority this year to reach a deal on global rules for taxing digital giants like Google (GOOGL.O), Amazon (AMZN.O) and Facebook (FB.O), a document showed.
Miami and Atlanta are more vulnerable to aftershocks from WeWork’s woes than cities like New York and San Francisco
Cities most vulnerable to a pullback in the office-share craze sparked by the rise of WeWork aren’t New York and San Francisco, according to a new DBRS...
Elderly, halfhearted Florida bank robber won't be jailed
WEST PALM BEACH, Fla. (AP) — A 74-year-old Florida man whose halfhearted attempt at bank robbery was caused by depression after his wife's death will not spend any time in jail, it was announced Friday.Sandy Hawkins reached an agreement with Palm Beach County prosecutors where he will spend a year living at The Lord's Place, a Christian residence for the homeless. If he stays out of trouble, the bank robbery charge will be dropped.“I will happily sign this,” Circuit Judge Jeffrey Gillen said, according to The Palm Beach Post.Hawkins, unarmed, walked into a Wells Fargo branch in Boca Raton on Nov. 18 and demanded $1,100 from the teller. When she counted out $2,000, he told her it was too much and had her count o
Delta to invest $1 billion to curb global air travel's climate impact
CHICAGO (Reuters) - Delta Air Lines Inc said on Friday it will invest $1 billion over the next decade in initiatives that would limit the impact of global air travel on the environment, the first airline to make a commitment of that scale.
NY Fed's GDP Nowcast drops to 1.4% for first quarter of 2020 from 1.7%
The US economy is expected to expand by 1.4% in the first quarter of 2020, the Federal Reserve Bank of New York's latest Nowcasting Report showed. "Ne
Canopy Growth shares surge after reporting smaller-than-expected loss
To pacify investors impatient for profits, Canopy and its rivals started the year by announcing a wide range of cost reductions
7 Micro-Cap Stocks That Could Double
Hidden micro-cap gems are hard to find, unless investors screen for value and strong revenue growth.
Enbridge raises bets on U.S. Gulf Coast LNG, reports higher Q4 earnings
Calgary-based Enbridge Inc. is raising its bets on the growing liquefied natural gas export sector on the U.S. Gulf Coast by buying the pipeline that would supply the proposed Rio Grande LNG export facility.
Bitcoin Rally Stalls, Bullish Recovery Depends On These Levels
Analyst Josh Rager has identified price points that could determine the movement of Bitcoin over the next few days. Bitcoin Price Hangs in the Balance
Malaysian Advertisers Association conference shelved over Covid-19
KUALA LUMPUR: Council members of the Malaysian Advertisers Association (MAA) have postponed the MAA Marketer Conference 2020, which was scheduled for March 27.
Iranians feel strain of turmoil and sanctions
Iran's economy has been battered since US President Donald Trump in 2018 abandoned an international nuclear deal and reimposed sanctions and a
Public services urged to 'think autism'
Health services and the criminal justice system are among services being urged to consider the needs of users with autism – such as offering a quiet space in A&E if needed.
Belarus to Russia: We'll siphon off your transit oil to Europe if necessary
MINSK — Belarus threatened to siphon off oil from Russia’s transit pipeline to Europe unless Moscow restarted crude supplies and accused the Kremlin on Friday of using energy prices as leverage to try to swallow up its former Soviet neighbor.
BusinessLine wins ANMI award
The Hindu BusinessLine won an award in the “Most Diversified Coverage-Newspaper” category at a ceremony organised by the Association of National Exchanges Members of India (ANMI) in New Delhi on Frida
AT&T: When The Market Crashes
AT&T's 5.5% dividend yield is compelling, and the payments keep growing, but what happens when the market crashes?This article reviews the health of the business, valuation, risks, dividend safety, an
Atlanta Fed's GDPNow drops to 2.4% from 2.7% for first quarter of 2020
The real gross domestic product (GDP) in the United States is expected to expand by 2.4% in the first quarter of 2020, the Federal Reserve Bank of Atl
CPP Investment Board posts 3.6 per cent rate of return for its third quarter
The Canada Pension Plan Investment Board says it earned a return of 3.6 per cent during its most recent quarter, after expenses.
Gusts of up to 100km/hr and heavy rain forecast as weather warnings issued for coming days
Gusts of up to 100km/hr and up to 30mm of rain are forecast in parts of Ireland in the coming days as Storm Dennis batters parts of the country.
South Scotland MSP calls for government crunch talks on the state of Ayrshire transport
Brian Whittle has called on the Scottish Government to get serious about improving the area’s road and rail links.
Exports contract for sixth straight month, trade deficit shoots up
While imports contracted by 0.7 per cent, the rate of fall was significantly lower than the 8.9 per cent contraction in inbound trade seen in December
Rock Lobster Fishing Quota Feedback Sought
Fisheries New Zealand is seeking public feedback on proposals to allow rock lobster fishers to carry forward some or all of their uncaught Annual Catch Entitlement (ACE) into the following fishing year, which begins in April 2020.
7 U.S. Stocks to Buy on Coronavirus Weakness
As bad it is, the coronavirus is a short-term problem. It will pass, and when it does, these beaten-up stocks will rebound in a big way.
Glencore secures five-year deal to supply cobalt to Samsung SDI
(This Feb. 10 story corrects to change title of initiative in paragraph 6)
China Using Drones in Increasingly Dystopian Ways to Combat Coronavirus Outbreak
Authorities in China have deployed drones to combat the spread of coronavirus in a variety of ways since the outbreak began, including disinfectant drones and drones that fly around with a loudspeaker to tell people they should keep their masks on. But there’s another way that police in China have started to use drones, and it makes you feel like we live in the future. But maybe not the future we were hoping for.
The “Buyukada 10” are falsely accused on terror charges. Justice in Turkey must prevail ǀ View
This week, I will be in Istanbul for the verdict in the case of Taner and the “Buyukada 10.” If found guilty of “membership of a terrorist organisation,” they could face up to 15 years behind bars.
Biz EOD: No relief for telcos in AGR row; WPI inflation worst in 8 months; CCI defends probe against Amazon
Catch top stories from the world of business and economy with BusinessToday.In's end of day report
Meghan McCain Lays Into Joy Behar on 'The View' Over Donald Trump Comments: 'He Is President, Move On'
The View turned a bit more confrontational than usual on Valentine's Day when Meghan McCain laid into Joy Behar while the panel was discussing the upcoming presidential election. When Behar brought up Democratic presidential hopeful Mayor Michael Bloomberg, McCain argued that Behar and the media [...]
‘Magic of Citizens’ Assembly’ to address gender equality this weekend
Gender stereotyping to be among the issues to be discussed by the citizens
Coronavirus empties exhibition halls, but over time the show will go on
LONDON (Reuters) - When Victoria Beckham sends her models down the London catwalk on Sunday, many of her most important clients will not be sitting in the front row but following from afar as the coronavirus outbreak hobbles international events.
So you want to buy an election?
A short list of things Mike Bloomberg could buy with his campaign money that would improve his election prospects
Briton stranded on cruise ship ‘really thankful’ to be going home
John Stanley had been stranded at sea for two weeks on the MS Westerdam.
Blockchain can help the NHS and ‘Global Britain’ take off
René Seifert suggests that NHS recruiters must turn to Blockchain-enabled identity verification services as post-Brexit ‘Global Britain’ takes off
Jamaicans deported by Home Office go into hiding fearing for lives
Number of people who were on Tuesday’s flight from UK concerned about gang violence
EOBI increases pension money from Rs 5250 to Rs 8500 per month
EOBI increases pension money from Rs 5250 to Rs 8500 per month
Chinese Stocks Rise for 7th Consecutive Day Amid Coronavirus Infection
Chinese stocks rose for a seventh day on Wednesday, coinciding with the continuous decline in new confirmed cases of novel coronavirus infection for eight days on the Chinese mainland outside Hubei province. The development signaled an easing of investors' concerns over the viral outbreak's negative impact on economic growth, according to analysts.
The Wacky New Anti-Abortion Tactic Taking Off Across America
When Santa Rosa County’s Board of Commissioners met Thursday morning, items on the agenda included improving the drainage on Tibet Drive, upgrading the local boat ramp, and allocating money to buy new scoreboards at Chumuckla Park.Then, at the end of the meeting, came a far more controversial and divisive
ALEX BELL: Spending £100bn+ on HS2 when we need money for climate change is criminal-scale folly
Storm Ciara blasted the country with rain, wind and snow. For thousands, it was the cause of rail lines running slow or stopping.
Vodafone’s India venture on brink of collapse after court ruling
Decision means telecoms company must pay billions of dollars in fees by next month
“Stay Alert” Call To Business As Coronavirus Impacts Spread Across NZ Economy
Auckland Business Chamber head Michael Barnett said the plight of the education sector and its impact on many NZ communities was acknowledged.
'Your instrument is your baby': why musicians dread careless airlines
The Malian artist Ballaké Sissoko says US border officials broke his cherished kora. He’s not alone in his plight
Adani Enterprises hits 52-week high after it signs agreement with AAI
The stock rallied for the ninth straight day, up 17 per cent, against 3 per cent rise in the S&P BSE Sensex during the period.
U.S. economist says impact of COVID-19 on Chinese, world economy limited
CHICAGO, Feb. 13 -- The effect of the disease caused by the novel coronavirus, known as COVID-19, on the Chinese economy will be limited, said Khairy Tourk, a professor of economics with the Stuart School of Business of the Illinois Institute of Technology in Chicago.
Supreme Court orders telcos to clear AGR dues by Mar 17, threatens contempt
The Supreme Court on Friday said the companies and the federal Department of Telecommunications (DoT) were liable for contempt of court
Zuckerberg accepts Facebook may pay more tax in different places - Politico
MUNICH — Facebook Chief Executive Mark Zuckerberg accepts that global tax reforms mean the social networking giant may have to pay more taxes in different countries, Politico reported, citing excerpts of a speech he is due to give on Saturday.
CBCP-ECMI supports renewal of ABS-CBN franchise
The Catholic Bishops' Conference of the Philippines Episcopal Commission on Migrants and Itinerant People (CBCP ECMI) is for the renewal of the franchise of ABS CBN.
Asian shares aim for second week of gains amid virus scare
Global shares eased on Friday, as investors were spooked by a sharp rise in the number of coronavirus cases in China this week while oil prices ...
German EcoMin: Economy is still experiencing a period of weakness
The German Economy Ministry is out with its assessment of the economy after the fourth quarter 2019 GDP showed stagnation. Key Quotes: German economy
Poundland sells 40,000 engagement rings just before Valentine's Day
Poundland has sold 40,000 engagement rings ahead of Valentine’s Day, the retailer has said. The discount giant claims to have sold almost twice as many engagement rings this year compared to last.
AGR-hit Vodafone Idea postpones Q3 conference call with analysts
The Supreme Court on Friday directed the top echelons of telecom firms to explain why contempt action should not be taken against them for non-compliance of its AGR order
Is COVID-19 a 'black swan'?
The Chernobyl disaster played a big part in making the Soviet public ripe for regime change. Could the coronavirus have a similar effect in China?
SpiceJet Q3 profit rises to Rs 73.2 cr, operational revenue up by 47%
"This profit is after a non-cash forex charge on account of Ind AS 116 of Rs 75.9 crore without which the profit would have been Rs 149.1 crore," SpiceJet said in a release.
LYFT (NASDAQ:LYFT) Given “Buy” Rating at JMP Securities
JMP Securities reissued their buy rating on shares of LYFT (NASDAQ:LYFT) in a report published on Monday morning, TipRanks reports. The firm currently has a $88.00 price target on the ride-sharing company’s stock. Other research analysts have also recently issued research reports about the stock. Wolfe Research upgraded shares of LYFT from an underperform rating […]
European shares hit record even as coronavirus shows no signs of peaking
Stock markets across the world ticked higher on Friday, even as investors debated whether China's coronavirus outbreak would cause long-lasting ...
Sensex rises over 200 pts; Nifty above 12,200
According to traders, domestic equities advanced tracking significant foreign fund inflow ahead of the release of wholesale inflation data.
The Perils Of Late-Cycle Investing
It may well be that structured credit hedge funds constitute a sensible vehicle for riding the remaining bucks of the late bull and surviving the downturn when it arrives.Structured credit hedge funds
GBP/USD: Pound sparkling with the new romance on Downing Street
The cable is holding onto gains triggered by the replacement of the Chancellor of the Exchequer. Us consumer confidence and Brexit will also be eyed t
Bloomberg: Coronavirus could infect two-thirds of globe, research shows
Even if there were a way to reduce transmission by half, that would still imply that roughly one-third of the world would become infected.
Japan: GDP will see a severe contraction – Westpac
Economists forecast a sharp drop in Q4 GDP for Japan, Westpac Institutional Bank reports. USD/JPY is trading at 109.805 after rising since the start o
Chemical plant bosses apologise after flaring lights up sky
ExxonMobil said the incident, which sparked concern among local residents, occurred as it attempts to restart the Mossmorran site.
German economy stagnated in fourth quarter
FRANKFURT — Growth ground to a halt at the end of the year in Germany, Europe’s largest economy, as manufacturing remained in a slump and exports fell. The figure underlines the challenge facing the eurozone.
New regulator rules to save mobile, broadband and TV customers £1bn on bills
New Ofcom rules set to come into effect from tomorrow could save millions of customers up to £1bn a year on landline, broadband, TV and mobile packages.
The Australian Dollar Cheers RBA's Optimism but Virus Concerns Tipped to Weigh
The Pound vs Australian Dollar: Latest GBP/AUD Forecasts, News and Analysis
Bailed-out RBS to rebrand as NatWest
Royal Bank of Scotland is calling time on its recent checkered past, rebranding as NatWest and setting out new goals to become a 'purpose-led bank' focused on enterprise, learning and climate.
Euro skids to new low ahead of GDP data, dollar shines
LONDON, Feb 14 — The euro eased to another nearly three-year low today as investors worried about slowing growth momentum in the euro zone ahead of an estimate of how its economy performed in the fourth quarter. The European single currency has lost 1 per cent so far this week and is on track for...
If You Think You Know the Real George Washington, Think Again: A New Series Uncovers the Man Behind the Legend
A new miniseries goes beyond the legend to uncover the man--and the events that shaped the leader he became.
Commentary: Why Sanders, media have never had a honeymoon
There’s little love lost between Sanders and media pundits. And Bernie’s just fine with that.
SpiceJet soars 10% on 21% YoY rise in net profit; B737 may return this year
On the operational front, Passenger Load Factor came in at 91.9 per cent in Q3, with the fleet size growing to 119 aircraft as on December 31, 2019.
Top NMC shareholder Muhairi quits board amid turmoil
Abu Dhabi-based healthcare group has faced turbulent time since report questioning finances
Chemical plant bosses apologise after flaring lights up sky
ExxonMobil said the incident, which sparked concern among local residents, occurred as it attempts to restart the Mossmorran site.
Facebook’s Zuckerberg wants ‘new framework’ for digital tax
Facebook founder and CEO Mark Zuckerberg on Friday backed moves by the OECD group of free-market economies to reform the way online giants are taxed worldwide, even if that means companies like his...
Pfizer Q3 net profit climbs 5%, operational revenue up at Rs 514 cr
The company had posted a net profit of Rs 131.94 crore for the corresponding period of the previous fiscal, Pfizer Ltd said in a filing to BSE.
After Lawrence Wong announces ‘strong package’ in Budget 2020, netizens respond with wishlist
After Lawrence Wong announces ‘strong package’ in Budget 2020, netizens respond with wishlist
Factbox: Coronavirus forces delay of trade fairs and conferences
Factbox: Coronavirus forces delay of trade fairs and conferences.
Royal Bank of Scotland Group changing name to NatWest Group plc as most customers are in England
THE Royal Bank of Scotland Group announced it was renaming itself NatWest – as most customers are south of the border. The rebranding of the Edinburgh-based plc after 51 years is the first ma…
Price of surgical mask may go up by P2-P4 per piece
The Department of Trade and Industry (DTI) may allow stores and pharmacies to sell surgical masks at higher prices due to the increasing cost of raw materials here and abroad amid the novel coronavirus (Covid-19) outbreak.
Shares step back as hopes of early end to coronavirus fade
Global shares eased on Friday, as investors were spooked by a sharp rise in the number of coronavirus cases in China this week while oil prices ...
South Africans describe the pain of unemployment
A lack of social support by the community and public social welfare agencies make the experiences worse.
Sarb moves to sell stake in African Bank
Sarb sees the disposal process being completed within 18–24 months after a suitable buyer is identified.
Reuters: Oil prices stabilize, set for weekly gain on hopes for supply cut
The Organization of the Petroleum Exporting Countries and its allied producers are considering cutting output by up to 2.3 million barrels per day.
Risk of duopoly in telecom sector higher than before: Analyst
The room for manoeuvre is now very less for operators. The situation is particularly grave for Voda Idea.
Russian oil firms favor extending than deepening output cuts - S&P Global Platts
Citing the Chiefs of Russia’s oil giants, S&P Global Platts reports that a majority of the Russian oil companies back the case for oil output cut exte
AGR fallout: Telecom tariff may go up by 20-25%
Telecom tariffs may go up by 25 per cent, as operators try to recover the money they will pay out for settling the dues related to Adjusted Gross Revenue. The SC order directing the telecom companies
Aussie croc wrangler joins Indonesia bid to save tire-tied reptile
Matt Wright, joined by fellow Australian crocodile wrangler Chris Wilson, is working with the local conservation agency, which has struggled for years to rescue the croc
The numbers that could reward the RBA's optimism
Upbeat company profit results, better readings from consumers and another record sharemarket high are backing the Reserve Bank's optimistic view on the economy.
S&P affirms India's rating at 'BBB-' with stable outlook
Fiscal deficits have exceeded the government's plan, S&P said, adding it expects limited consolidation over the next few years.
CGS-CIMB launches online trading platform for retail investors
With the launch of an online trading platform, PT CGS-CIMB Sekuritas Indonesia hopes to get more individuals to invest in Indonesia's stock market.
Indo-US Relationship 'most Transformational' In Current Era: Ambassador Sandhu
The relationship between India and the United States – the two largest democracies of the world – is seen as the most transformational one in the current era, New Delhi's top envoy to the US has said.
TSMC becomes first Taiwan individual stock added to Global Islamic Indexes
Taiwan’s semiconductor manufacturing giant expects more business opportunities from Middle East
Chips are down as Toshiba logs ¥145.63 billion loss for April-December
Toshiba Corp. said Friday it posted a group net loss of ¥145.63 billion ($1.32 billion) in the April-December period due to the sluggish performance of its
Frankfurt University of Applied Sciences and BARIG are partners
FRANKFURT AM MAIN - The Frankfurt University of Applied Sciences (Frankfurt UAS) and the Board of Airline Representatives in Germany (BARIG) are now partners. As BARIG’s first “Academic Partnership,” this cooperation is particularly beneficial to the part-time MBA Aviation and Tourism Management program at Frankfurt UAS. "We are very pleased about the partnership with Frankfurt UAS, which is one of the six largest universities for applied sciences in Germany," BARIG Secretary General Michael Hoppe comments. "It of utmost importance to us
FTC to Review Influencer Marketing Rules
The FTC will review its influencer marketing rules as it calls for improved disclosure for endorsements on social media platforms.
The instincts of a totalitarian state
On Feb. 7, news of the death of Dr. Li Wenliang, an ophthalmologist at the Wuhan Central Hospital who was among the very first to warn of the novel coronavirus, grabbed headlines not only in China but all across the world. Wuhan recorded its first case of novel coronavirus pneumonia on Dec. 1 last year.…
BOE’s Carney sees silver lining after Brexit hit to UK economy
The outgoing Bank of England (BOE) Governor Mark Carney warned over the economic risks of the UK leaving the European Union (EU), in an exclusive inte
Convicted of double murder, man freed after 25 years based on fresh evidence
Calvin Bright was convicted in 1995 for a double murder despite maintaining his innocence. Twenty-five years down the line, the 49-year-old is now walking away a free man thanks to a crucial piece of new evidence that was discovered by his defence team. According to WUSA-TV, Bright was freed Wednesday during his re-sentencing hearing in...
Despite swelling revenue deficit, Tamil Nadu presents a tax-free Budget
Drop in Centre’s share causes strain
AGR dues: Risk of duopoly in telecom higher than before, says analyst
Most of the remaining liability is with state-owned BSNL/MTNL and some of the shut/bankrupt telecom companies
The ABCs Of The California Gig Worker Ruling
California's ruling to deny a request to halt enforcement of AB5 spotlights the clash between the private sector and the government over the gig economy and more.
Santa Barbara Airport Gets Record Passengers for 2019
The airlines serving Santa Barbara Airport (SBA) have completed their passenger reporting for 2019 and confirm that the Airport has broken all-time records for passenger traffic for calendar year 2019. Still, the Airport’s numbers would have been even higher – exceeding one million passengers – if the Airport had not been closed for 18 hours on August 25, 2019 after a private C-130 aircraft crashed on the main runway, cancelling all flights.
India's curbs on Malaysian palm imports disrupts global edible oil trade
Malaysia's latest palm export data revealed the impact of India's restrictions, with shipments to India in January falling 85% from a year earlier to 46,876 tonnes, the lowest since 2011
Cryptocurrency Boosts Illicit Gambling on Asian Soccer Leagues
Cryptocurrency has purportedly helped to increase illegal gambling activity on soccer across the Asian continent.
Standard Life Aberdeen boss Keith Skeoch confirmed as new chair of Investment Association
Standard Life Aberdeen chief executive Keith Skeoch has been appointed as the new chairman of the Investment Association (IA), whose members manage some £7.7 trillion of assets.
Historian Niall Ferguson: 'We are in Cold War II'
China's global ambitions are no longer something that can be ignored.
South Sudan ‘ignores reports on oil pollution and birth defects’
Four separate environmental reports seen by journalists have never been released publicly.
Renault sales and earnings drop in tough market
PARIS (AP) — France's Renault saw its sales and earnings drop last year and says 2020 will be tough due to the need for investment in new technologies just as the market is shrinking.The company said Friday that it sold 3.8 million vehicles last year, down 3.4%, with revenue dropping about the same rate to 55.5 billion euros ($60 billion).That almost wiped out its net earnings, which amounted to just 19 million euros last year compared with 3.4 billion euros a year earlier.Interim chief Clotilde Delbos said "the visibility for 2020 is limited due to an expected volatility in the market.
Bursa Malaysia ends higher on news of stimulus package
KUALA LUMPUR, Feb 14 — Bursa Malaysia ended higher today as market sentiment was lifted following news that the government will unveil an economic stimulus package to address the Covid-19 outbreak on February 27. At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 5.30 points to its intraday...
What Iran's attacks on American bases tell us about China's missile program
The belief that Chinese missiles are numerous, but inaccurate, is likely now outdated.
Virus fears send Wall Street down after UK finance minister quits
China has been praised by the World Health Organization (WHO) for its transparent handling of the outbreak.
Chemical plant bosses apologise after flaring lights up sky
ExxonMobil said the incident, which sparked concern among local residents, occurred as it attempts to restart the Mossmorran site.