IPG Photonics: Buy On Weakness

IPG owns one of the safest and strongest balance sheets in corporate America. The long-term trend of rising demand for lasers of all types puts the wind at your

Arista Networks: Free Cash Flow To Drive The Stock Back To $300

Arista Networks displays a stellar balance sheet and juicy net profit margins. Discounted cash flow model points towards a return to $300/share, with prudent gr

Applied Materials - A Buy, But Expect A Rollercoaster Ride

Applied Materials is a leading maker of semiconductor capital equipment, and represents one way to play the long-term secular growth in compute power and digita

Waste Management Is On Sale Due To COVID-19

The company's stable balance sheet will enable it to weather the recession while maintaining its dividend. Income stream diversity will help provide stability,

Weekly S&P 500 ChartStorm - Downgrades, Dividends, Buybacks

This week we take stock of the uneasy landscape with downgrades, delayed payments, and yet massive monetary easing. We also document a couple of key trends in d

Qualys: Revenue Guidance Appears Choppy But Valuation Reasonable

Qualys reported Q1 revenue growth of ~15% which was slightly ahead of expectations with operating margins showing strong expansion. Management provided 2020 rev

My Perennial Income Portfolio

The goal is to create a ‘stocks portfolio’ which will generate enough regular dividend cash to take care of my cash flow budget when I retire. The dividends sho

MB Fund April 2020 Performance

April saw a bounce back in share markets after March was one of the worst months ever. Our portfolios continue to be positioned defensively and so only took a limited part in the bounce. Over the last year, our Tactical Growth fund is beating the Chant West median superannuation fund by 10%. In our direct equity portfolios, we have long preached the idea of holding a mix of quality and value to provide downside protection – and that showed this year. Our International fund is beating the MSCI World by 7.6%, our Australian fund is beating the MSCI Australia index by 5.7%.  

Walmart - Impressive, But Not Impressive Enough

Walmart has seen specular first quarter numbers, but more so in terms of sales than actual profits. E-commerce sales grow rapidly, yet this same trend, stores d

McBride: A European COVID-19 Winner, But Basic Challenges Remain

COVID-19 has actually helped Europe's largest private label household products company, McBride. The company has struggled to sustain a decent profit margin for

100 High Yielders Down Big: These 4 Are Worth Considering

While the tech-heavy Nasdaq 100 nears all-time highs, select big dividend stocks remain attractively priced. This report shares data on over 100 high yield stoc

Square: Soon To $100/Share And Beyond

Square's Cash App has seen explosive growth, expanding its ecosystem of services. My discounted cash flow valuation model suggests that shares have further upsi

Atlassian: Recent Rise And Premium Valuation Put Me On Sidelines For Now

Atlassian reported a strong Q3 earnings with revenue growing 33%, well above expectations for only ~28% growth. However, management provided Q4 revenue guidance

Five9: Stock At All Time-Highs But Still Remains Attractive

Five9 reported a good Q1 with revenue growing 28% to ~$95 million, around $5 million above expectations. Management reiterated their 2020 revenue guidance of ~1

Walmart: Don't Chase The Rally

Walmart US posts a record Q1, but the margin outlook is cause for concern. The International segment is set to come under pressure amid forced closures and macr

REITs That Will Soar

We invest in REITs in part because we believe that paying dividends matters. Yet our primary focus in on valuation, not on dividend safety. Indeed the present p

Financials Still A Value Trap

Financials have underperformed dramatically and seem optically cheap - with large capital buffers and unlimited Fed liquidity support and would benefit from GDP

‘An opportune time to invest in markets’

Clarity on economic recovery to unfold over 2 quarters: Reliance Securities CEO

Got $5,000? Then Invest It in These Cheap High-Yield Dividend Stocks.

These top-tier businesses boast sustainable yields ranging from 6.8% to 9.9%.

HDFC Q4 profit at Rs 2,233 crore, provisions spike on COVID-19 impact; loan growth at 12%

Revenue from operations during the quarter increased 3.4 percent to Rs 11,976 crore, compared to Rs 11,580 crore in corresponding period last fiscal.

An Analysis Of Dropbox And Box For The Work-From-Home Era

Box revenues are growing but growth is slowing. R&D could improve the current offering. Quarterly earnings give hope there are still near-term headwinds. Dropbo

Visa Is Gaining Momentum

Visa has been one of the best-performing, large-cap stocks over the last decade. The stock is currently rebounding from the Covid-19 low levels. Free cash flow

Pick Your Bias And Selective Data Will Support

Different investment horizons favor different inputs. There currently appears to be a tug of war between the inputs that please bulls and bears. I expect prior

HDFC posts 22% fall in Q4 net, provisions rise on COVID-19 impact

It has reported an increase in provisioning, including impact for COVID-19, at Rs 1,274 crore (Rs 398 crore for COVID-19). The HDFC board has proposed a final dividend of Rs 21 per share as against a final dividend of Rs 17.50 the previous year.

HDFC profit falls 22% to Rs 2,233 crore in March quarter

HDFC board announced a dividend of Rs 21 per share for FY20.

HDFC Q4 profit drops 22 pc to Rs 2,233 crore, declares dividend of Rs 21 per share

HDFC Q4 profit drops 22 pc to Rs 2,233 crore, declares dividend of Rs 21 per share: Housing Development Finance Corporation (HDFC) on Monday reported 22 per cent fall in net profit at Rs 2,233 crore for the January to March quarter.. Get all latest entertainment & viral stories on english.lokmat.com

High Yields From Tax-Advantaged Debt: America First Multifamily

COVID-19 has created a completely new environment. The market is still struggling with figuring out the new reality and balancing the opposing forces. Where the

HDFC reports 22 per cent drop in net over spike in bad loans, provisioning

“On the balance sheet level, we are carrying provisions of Rs 10,988 crore, which is much higher than the regulatory requirement of Rs 4,188 crore,” said Keki Mistry, vice chairman and chief executive officer (CEO), HDFC.

e.l.f. - Beauty In The Eye Of The Beholder

e.l.f. has ended its fiscal 2020 on a strong note. Despite this growth and focus on lower price categories, e.l.f. will likely see pressure on its results as we

SolarWinds: The Winds Will Change To Lower Revenue Growth For The Next Several Quarters

SolarWinds reported a strong Q1 with revenue growing 15% to $248.5 million, well above expectations for $240 million. Management provided Q2 guidance which only

'Need more stimulus with focus on GST cut, wage support, higher MNREGA spend'

With more rate cuts expected, we expect bond yields to remain soft in the near term.

HDFC gets battle ready, increases provisions to Rs 11,000 crore to ward-off coronavirus fallout

Housing Development Finance Corporation (HDFC) was seen gearing up for the aftermath of the coronavirus pandemic and the subsequent nation-wide lockdown.

Green shoots for drought-hit agricultural stocks

With many agricultural firms at multi-year highs it is easy to see why attention is on the sector. But investors must pragmatic about the cyclical challenges.

Just Dial Q4 net profit rises 21.6 pc to Rs 76.1 cr

Digital directory firm Just Dial on Monday posted a 21.6 per cent increase in consolidated profit to Rs 76.1 crore for the March 2020 quarter.

HDFC Q4 results: Profit drops 22% YoY to Rs 2,233 crore; firm announces dividend of Rs 21 per share

Profit fell as dividend income received during the quarter was mere Rs 2 crore.

HDFC profits decline: How much has the impact of COVID-19 been?

HDFC March Quarter Profit Falls 22% To Rs 2,233 Crore, Board Announces Rs 21 Dividend

HDFC Ltd Q4 Results: The mortgage lender said its total revenue from operations for the fourth quarter of financial year 2019-20 stood at Rs 11,975.72 crore.

These International Stocks Are Extremely Undervalued - Part 1

In this article, we echo a similar piece done about a week ago but instead focus on undervalued international stocks. Here, we find companies hailing from Scand

HDFC Q4 profit declines 10 per cent to Rs 4,342 crore

The board has proposed a dividend of Rs 21 per share of the face value of Rs 2 per unit, HDFC Ltd said in a regulatory filing.

HDFC Ltd Q4 profit declines 10 pc to Rs 4,342 cr 

Housing finance firm HDFC Ltd on Monday reported a 10 per cent decline in consolidated net profit to Rs 4,341.58 crore for the fourth quarter ended March 31. 

HDFC FY20 results: Profit rises 30% to Rs 22,826 crore, revenue up 10%

For the January-March quarter of FY20, HDFC reported a 10 per cent decline in consolidated net profit at Rs 4,341 crore as against Rs 4,811 crore for the corresponding quarter last year

PDI: I Can't Get Excited At A 10% Premium

PDI has been hit hard during the market turmoil, although it has seen a nice rebound in the short term. Despite its drop since my last review, PDI still trades

Housing firm HDFC Ltd profit declines 10% to Rs 4,342 crore in Q4

The company's net profit (before adjustment of minority interest) was Rs 4,811.26 crore in January-March quarter of 2018-19

3 Stocks to Supplement Your Social Security Income

Companies with decent yields with the operations to support their dividends even during an economy-wrecking pandemic are certainly worth considering.

Microsoft Remains An Interesting Dividend Growth Play

Microsoft's outlook is supported by growing demand for its productivity and cloud-computing offerings. Given its pristine balance sheet and high-quality cash fl

Lundin: Superb Asset Base Means A Tenable Dividend

Lundin has an excellent asset base with stakes in massive Norwegian oil fields, sporting some of the lowest operating costs, and thresholds for cash flow neutra

HDFC reports 22% fall in Q4 net profit

Housing Development Finance Corporation (HDFC) standalone net profit fell 22 per cent in the fourth quarter of 2019-20 to ₹2,232.53 crore as against ₹2,861.58 crore a year ago.The housing finance comp

Four ways to create more diversified and resilient portfolios

Those who use an array of strategies will be more prepared for whatever the future holds as we emerge from COVID-19

Celsius: Hold On For The Ride

Celsius's potential TAM is massive and should support many years of strong growth. Even with COVID-19 substantially disrupting marketing, the company is still s

SeaChange Warns Of An Abysmal Q1 As Customers Continue To Delay Purchase Decisions

Discussing recent Q1/FY2021 earnings warning. Customers continue to delay purchase decisions, resulting in an at least 55% sequential revenue decrease with like

L3Harris Technologies: Steady Growth Yet Insulated From COVID-19 And The Economy

The recent merger of L3 Technologies and Harris Corporation created synergies that are driving cost savings and increasing margins. As a defense contractor, the

Dr Reddy’s Rating: Neutral — A strong performance in the quarter

FY21/22e EPS up 2/5%; TP raised to Rs 3,775 from Rs 3,490; ‘Neutral’ retained as valuations capture positives

Surgutneftegas: Now It Looks A Bit Less Crazy In This Crazy Market

Unlike many other Russian O&G companies, Surgutneftegas decided to cut its dividends. Earlier, the company's earnings for 2019 crashed by 8 times. From this per

Honeywell Sales Down 7% But Stock Up 60%; Why?

Honeywell’s stock gained over 60% in 3 years, with the stock price rising from $108 at the end of 2016 to about $176 at the end of 2019. Though the stock price dropped in 2020 to $136 as of 18th May 2020 due to the COVID-19 pandemic, the stock has still registered a cumulative return of 25%...

Newmont Corporation: Digging Into The Q1 Results

Newmont Corporation released its Q1 results earlier this month, reporting quarterly gold production of 1.5 million ounces at all-in sustaining costs just above

HDFC's pre-tax profit down 27% in Q4 due to higher provisioning for Covid

After adjusting for fair value adjustments, profit on sale of investment, dividend and provisioning, the adjusted profit before tax for the quarter ended March 31, 2020 is, Rs 3,535 crore

Algorithmic selling risk of your money

OVER my last 32 years, I have seen many a ‘latest fashion’ encourage investors to run toward emptying their bank accounts.

Dollar General: Hoping That Nothing Has Changed

Dollar General is about to report earnings for the second time since the COVID-19 crisis hit the United States. The retailer should benefit from both the stockp

Compression

Risk assets are compressing to Treasuries. Part of this has been the Fear Factor as coronavirus pushed Treasury prices higher as a run towards the safest of hav

HDFC Q4 standalone PBT down 27% to Rs 2,692 cr, revenue up marginally

The company said revenue was at Rs 11,975.72 crore, from Rs 11,580.05 a year ago.

Campari: Stock Is Too Expensive As Restaurants Remain Closed

First impact from COVID-19 could be seen in Q1 results, where profit halved compared with the same period last year. Further drop in sales and profit is expecte

Quarantined investors create ‘perfect storm of stupid’ (Plus, a TSX stock skyrocketing on the shift to remote working)

A roundup of investment ideas for active investors

Central bank printing presses might be in overdrive, but inflation is not the real threat here

Martin Pelletier: Many are underestimating the real risk that the economy may not return to pre-crisis levels for some time

HDFC Q4: Loan growth slows owing to Covid-19-led disruption

Aside from slowdown in disbursements, the lockdown also impacted collections in the second half of March

Buy Strides Pharma Science; target of Rs 421: ICICI Securities

ICICI Securities is bullish on Strides Pharma Science has recommended buy rating on the stock with a target price of Rs 421 in its research report dated May 21, 2020.

Philip Morris: Odds Stacked In Favor For Dividend Investors

The first quarter of 2020 has largely shown the ability of the tobacco industry to withstand tough times, with Philip Morris holding strong whilst many companie

Economist Brian Easton says the media treat budgets as bit of a circus: lots of theatre and soon forgotten. For a serious economist they show how the official team of economists is thinking about the wider economy

Economist Brian Easton says the media treat budgets as bit of a circus: lots of theatre and soon forgotten. For a serious economist they show how the official team of economists is thinking about the wider economy

Five Below: Growth At A Reasonable Price

Management estimates the market can handle 2,500 stores. At recent prices, there is an opportunity to buy growth at a reasonable price. We see potential for a 2

Realtors body Credai write to PM seeking more funding, loan restructuring

The govt has already extended project completion and registration by six months and extended credit-linked subsidy scheme by a year

Hold Colgate-Palmolive (India); target of Rs 1350: ICICI Direct

ICICI Direct recommended hold rating on Colgate-Palmolive (India) with a target price of Rs 1350 in its research report dated May 23, 2020.

Stock markets: Tips to control your fears in a volatile market

If you are still working and saving for the future, a downturn should not be a reason to panic. Rather, rebalance your portfolio, boost your savings and invest according to current market conditions

AMC Entertainment: The Possible Outcomes And Probabilities

AMC was poised for a strong recovery prior to the recent health crisis. COVID-19 has hit the company like a meteor. AMC, currently, has zero revenues and a larg

Realtors body Credai write to PM seeking more funding, loan restructuring

The govt has already extended project completion and registration by six months and extended credit-linked subsidy scheme by a year

A Contrarian View On JetBlue

JBLU has been more than cut in half from its 2020 highs. However, any recovery looks to be quite slow. And the valuation is pricing in a lot of earnings that ar

The Chemist's Closed-End Fund Report, May 2020: Thoughts On Our Portfolio Strategy And Why We Stay The Course

We warned about overvalued CEFs in February, although we didn't expect the crash to come so quickly and violently. My thoughts on our portfolio strategy and why

Buy Hawkins Cookers; target of Rs 4900: ICICI Direct

ICICI Direct is bullish on Hawkins Cookers has recommended buy rating on the stock with a target price of Rs 4900 in its research report dated May 22, 2020.

3 Stocks to Buy and Hold for Decades

Great businesses can allow you to compound your wealth over the decades.

Coronavirus | CREDAI writes to PM, seeks immediate relief for realty sector

The industry body has pitched for additional institutional funding, waiver of penal interest and customer-centric tax treatment of real estate, among others.

CREDAI Seeks Urgent Support For Realty Sector in Letter to PM Modi

The industry body said that it has done its "best possible" to mitigate the plight of over five crore labour force in the sector by providing food and shelter.

Teladoc Health: The Growth Is Here To Stay

Teladoc Health recently reported impressive Q1 2020 results and management provided strong full-year 2020 guidance. This new market darling has a strong bull ca

COVID-19: CREDAI writes to PM, seeks immediate relief for sector

Realtors' apex body CREDAI has written a letter to Prime Minister Narendra Modi, seeking immediate relief measures to tide over the crisis caused by the COVID-19 pandemic. The association, which has

CREDAI seeks restructuring scheme to revive realty sector

Also wants new home loans extended at 5% rate of interest

CREDAI writes to PM Modi, seeks immediate relief for sector

Realtors' apex body CREDAI has written a letter to Prime Minister Narendra Modi, seeking immediate relief measures to tide over the crisis

Unexpected policy timing, expected outcome: These measures could help RBI disinfect the economy 

RBI’s relief measures round-three restates the intention to ease the functioning of the financial markets and easing the market risks brewing in the economy amidst the deteriorating economic outlook.

Household fragility points to post-COVID pain

New data suggesting two in five households have a buffer of less than one month’s pay if they lose their jobs adds to calls for the government to keep stimulus measures in place.

Colgate Palmolive rating: Hold – Covid-19 cast shadow on volumes in Q4

Market share gains, needed for a re-rating, may take time; ‘Hold’ maintained with target price of Rs 1,340

Capturing The Trend In Cryptocurrencies

Bitcoin's price volatility reaches 6-year high. The upward momentum of cryptocurrencies can create enormous returns on investment, but the downside risk is subs

Is It The Right Time To Buy Raytheon Technologies After A 55% Fall In 2020?

Raytheon Technologies, best known for its missiles and other aerospace and defense products, has seen its stock fall more than 50% year-to-date, as the coronavirus pandemic is expected to have a significant impact on its aerospace business. Raytheon’s stock also remains down by about 45% from...

Buy Kalpataru Power Transmission; target of Rs 313: YES Securities

YES Securities is bullish on Kalpataru Power Transmission has recommended buy rating on the stock with a target price of Rs 313 in its research report dated May 21, 2020.

HDFC profit drops as virus provision surges

Lender piles up ₹30,000-crore cash chest: 26% loans under moratorium

Suncor - Immediate Action Will Mean Stronger Returns

Suncor Energy is an incredibly well positioned Canadian oil major. The company's FFO / share is better than most oil majors. The company's financial health is q

Iberdrola: Renewable And Regulated Mean Dividend All But Guaranteed

Substantial income generated from regulated utility assets, a highly predictable source of cash as it's pre-ordained. It also generates electricity from renewab

Nucleus Software Exports Q4 net profit jumps over 64% to Rs 28.14 crore

The company said its product business revenue for the March 2020 quarter was at Rs 111.9 crore as compared to Rs 100.4 crore in the year-ago period.

Spend the $60b windfall on bigger stimulus

If the Treasury still thinks we are headed for a recession, the JobKeeper underspend should be used to pump-prime the economy.

Just Dial Q4 net profit rises 21.6% to Rs 76.1 crore

The company had posted a net profit of Rs 62.5 crore in the same period a year ago, Just Dial said in a regulatory filing.

Reverse migration to villages has set economy back by 15 years, says JNU professor

India risks losing benefits of the demographic dividend by not creating enough jobs for new entrants, warns Professor Mehrotra.

Oliver Mangan: In the absence of a vaccine, economies are going to need all the help they can get

Survey data that are beginning to come through on the main economies for May warrant careful interpretation.

Inflation remote risk compared with Bank of Canada’s bigger worry — depression-inducing mix of deflation and debt

Kevin Carmichael: In his final speech as Governor, Stephen Poloz seeks to allay fears that the billions being pumped into the economy will lead to runaway prices

Bank OZK: Further Margin Attrition And Elevated Provision Expense To Hurt Earnings

OZK will most likely need to increase its loan loss reserves in the second quarter, leading to another quarter with high provision expense. The rate-sensitive n

Monday’s analyst upgrades and downgrades

Raymond James slashes target on CAE

Meituan Dianping (MPNGF) CEO Xing Wang on Q1 2020 Results - Earnings Call Transcript

Meituan Dianping (OTCPK:MPNGF) Q1 2020 Results Conference Call May 25, 2020 08:00 AM ET Company Participants Scarlett Xu - VP & Head of Capital Markets Xing

Godrej CEO: Focus to be on driving growth as margins are quite reasonable

Till February, the company witnessed an industry-leading 5% year-to-date volume growth. However, the spread of the virus and the eventual lockdown in many geographies of our operations resulted in zero sales in the last 10 days of March.

Buy VST Industries; target of Rs 4000: ICICI Direct

ICICI Direct is bullish on VST Industries has recommended buy rating on the stock with a target price of Rs 4000 in its research report dated May 22, 2020.

Strong fiscal measures needed

Reserve Bank of India (RBI) Governor Shaktikanta Das has made the first official acknowledgement from a high authority of an expected contraction of the GDP this financial year. Though predictions have been made of varying percentages of shrinkage of the GDP and even of zero growth, it is the first time that a negative growth has been forecast. The RBI governor did not give an estimate of it but noted that there is growing uncertainty in the economy and "an encircling gloom’’. He saw a likely rise of 3.7% in agricultural production as the only bright prospect.

4 More Oil Stocks That Could Go Bankrupt in 2020

These oil companies are on a slippery slope.

Vedanta: Going Private

Vedanta's promoters have decided to take the company private. The company has been investing in capital assets year-over-year to the extent that the fixed asset

DBB: Reopening Economies Could Lead To More Upside For Base Metals

DBB has recovered rather slowly since it reached its lowest since February 2016 on March 23. In contrast with equities, base metals have not enjoyed a fast rebo

Shopify Is Taking The E-Commerce World By Storm

Lately, Shopify (SHOP) is firing on all cylinders. The company announced a series of new features on its May 20 Reunite event, together with a new partnership w

Last Chance To Board The Microsoft Train

Microsoft trades near all-time highs and this may have investors wondering if the stock is still a good buy. Through our DCF valuation, we propose two scenarios

Preformed Line Products: Value, Growth, And Insider Buying

Fundamentals have rebounded sharply since 2016, yet valuation multiples are attractive on a historical and relative basis. Margins, efficiency, and growth metri

DMart’s secular rally may pause for a while

The stock's at all-time high and at price to earnings multiple of 120 times FY20 score.

Bajaj Finance Rating: Buy — BAF will cement its dominance once the dust settles

FY21/22e earnings cut by ~8% due to present crisis; TP lowered to Rs 3,500; growth story is intact; ‘Buy’ retained

Harte Gold: Digging Into The Q1 Results

Harte Gold released its Q1 results last week, with quarterly gold production hitting a record high near 8,600 ounces. While this is a step in the right directio

L&T Rating: Buy — A modest showing in the final quarter

FY21/22e EPS down 15% to factor in Covid-19; TP cut to Rs 1,394; ‘Buy’ maintained

RBI And MPC Should Junk Monetary Policy Calendar In Times Of Covid-19, Act Preemptively To Avert Crisis

The problem is not what the RBI will or will not do, but it is more to do with the timing.  

Still A Lot Of Value In Corporate Bond Market

Readers can see that currently even AAA OAS are cheaper to Treasuries than at any point in the last 10 years. Ending late last week at +89 bps to Treasuries, ev

Bata India Q4 net profit down 57% to Rs 38 crore

The company had posted a net profit of Rs 88.66 crore in January-March quarter a year ago, Bata India said in a BSE filing.

Adyen: A Leading International Payment Platform

Adyen is a global-first payment platform with €240 billion ($261 billion) of the transaction value (TPV) processed as of 2019. The fast-growing business is alre

Cathay General Bancorp: Upcoming CECL Adoption To Hurt Earnings

CATY has deferred the adoption of CECL, the new accounting standard for loan losses, to later this year. The adoption will boost provision expense in the remain

OPKO Health: A Hero Against The COVID-19 Villain But Has To Control Those Expenses Going Forward

The company has been able to rapidly ramp up testing for COVID-19. Its revenue figures are down as sales of its other products have been affected by confinement

The Week Ahead

The economic calendar is light. With shutdowns easing in May, April data is too dated to be of much interest to investors. The preliminary May PMIs last week of

Buy Essel Propack; target of Rs 200: Motilal Oswal

Motilal Oswal is bullish on Essel Propack has recommended buy rating on the stock with a target price of Rs 200 in its research report dated May 23, 2020.

How Netgear Is More Than Just A 5G Play

Netgear's revenue growth picked up at the tail-end of the first quarter. Paid subscribers could double. Mesh network, WiFi 6, and hotspots are positive drivers

Aatmanirbhar Bharat offers MSMEs short-term respite: Crisil SME Tracker

3.5 trn Atmanirbhar Bharat package for SMEs can increase credit to MSMEs by 18-19% which can address the short-term liquidity crunch. Here's a closer look at the measures announced, and their impact

Silver's Silver Lining

Investors may consider some exposure to silver as the multi-year, supply-demand surplus scenario looks to be transitioning towards a more favorable picture. On

Twilio: Coronavirus Accelerating Positive Trends, Downside Ahead

TWLO blew out Q1 expectations, as the coronavirus did the opposite of what people expected and accelerated its business. If you think about it, this is pretty i

Central bank asset purchases creating ‘fake markets’, analyst warns

'They're no longer related to any fundamental analysis whatsoever'

What options are available for ethical investing?

Shariah-compliant funds and ESG investment products are among the choices available to you.

Here’s the key to constructing a portfolio for what comes next

Nobody has a clue about what lies ahead, and that won’t change until we get a better sense of how the novel coronavirus will proceed from here, but a few assumptions will put things into perspective

Tiger Brands faces R500 million-plus hit to profit because of lockdown

South African packaged goods group Tiger Brands says that the nine-week high level lockdown has cost it half a billion in profits, as the group faces procurement pressure, global supply chain issues and pricing regulation.

Direct tax mop-up rises 39% amid sharp decline in disbursement of refunds

Collections may come under pressure once the base effect wears off

These are the 3 least volatile tech stocks paying out high dividends

Dividends allow shareholders to directly benefit from a company’s profits, by paying out part of it on a yearly, quarterly, or monthly basis. For investors seeking reliable income — so-called fixed income — stocks paying out dividends offer a great opportunity, especially in the current ultra-low interest (on other investment vehicles like bonds) environment. In […]

The Greenback Is Strengthening Again as Financial Assets Compete in Profit-Taking

Some market participants began to partially fix their profits in different trading instruments before the long weekend. This scenario was expected as the inertia of previous upside movements in gold futures and US stocks faded in course of New York Thursday's session. As a result, released cash in the investment accounts moved to safe-haven US Treasuries and, therefore, a basket of the major reserve currencies declined slightly vs the US Dollar for the last 24 hours. It doesn't make too much sense to consider the consequences as medium term yet since the yield of the benchmark ten-year US bonds fell from 0.682% at its peaks on Thursday to just 0.628% at the bottom by Friday's morning.

'Banking stocks to remain under pressure; ICICI, HDFC Bank & Axis top buys'

Going ahead investors are likely to remain watchful COVID-19 situation in the country, vaccines development, lockdown restrictions with changing economic policies, and crude oil prices movements.

Is deflation set to become Economic Enemy No 1?

Amid all the uncertainties that lie ahead is the possibility of deflation setting in post-Covid-19. Negative inflation rates would create an even steeper and longer hill to climb out of economic recession than we are already expecting. It will all come down to whether demand under- or over-shoots supply. The jury is out.

JOYY Inc.: Be Patient

Management revealed that Bigo Live had far more potential than we originally believed, with potential revenue. YY Live saw a revenue and profit decline due to C

Economic shock from COVID-19 to lead to higher indebtedness, Poloz says

Canada's response to the COVID-19 pandemic will 'clearly lead to higher indebtedness' once the economic shock has passed, Bank of Canada governor Stephen Poloz warned Monday.

Why Entravision Communications Stock Could Be A Solid Play For Your Deep Value Portfolio

Entravision Communications is a major owner/operator of Spanish-language TV and radio stations. COVID-19 may mean an ugly Q2, and headwinds could persist throug

CEFs Vs. The Gone Fishin' Portfolio

Sometimes, it's good to put our portfolio strategy to a series of tests to confirm our investing thesis or reveal if a change is warranted. CEFs can be volatile

FPJ Edit: RBI by itself cannot rev-up the economic engine

Buy Colgate ; target of Rs 1520: Motilal Oswal

Motilal Oswal is bullish on Colgate has recommended buy rating on the stock with a target price of Rs 1520 in its research report dated May 22, 2020.

Tiger Brands looking at ‘significant’ job losses as it counts cost of pandemic

Reports lower H1 earnings, defers dividend.

Deficit monetisation: Is it really as simple as RBI printing more money?

India has a comfortable foreign exchange reserves of $487 billion currently.

Gold – the solution to a $5,300,000,000,000 money printing problem

Defend your portfolio against inflation with gold.

Fifteen U.S. value stocks set to perform strongly in a recovery

Looking for U.S. large and mid-cap value stocks

Pandemic Receding, Investors Review The Fallout

But if we are dealing with this come July, markets are going to reassess big time.

GBP/USD: Near-term downside risks into mid-year – CIBC

This month, the cable has lost around 2.5%, and analysts at CIBC Capital Markets expect near-term headwinds to persist. Stay up to speed with Yohay El

We Are Going To Need A Lot More Stimulus

This is a weekly series focused on analyzing the previous week’s economic data releases. The objective is to concentrate on leading indicators of economic activ

Hybrid annuities: Something to consider when choosing your pension

The best news often follows the worst. But the best news may take some time to arrive. The worst news in financial markets often comes from unexpected events, such as the international 2008/10 meltdown as a result of the American sub-prime property crash. This has now been followed by the Covid-19 pandemic, which is expected to have a much larger and longer financial impact.

Tech revolution: Human touch will be irreplaceable in financial services

With the help of technology and greater access to content Indian financial markets are moving from a push market to a pull market.

Tiger Brands looking at 'significant' job losses as it counts cost of pandemic

Tiger Brands employs more than 11,200 people in South Africa, excluding seasonal staff, a company spokesperson said.

HDFC a better play than its peers: Sharekhan

'Q4 stable for the NBFC on asset quality front'

Earnings Estimates Decline Further, Pushing Stock Market Valuations Even Higher

Stocks Analysis by Michael Kramer covering: S&P 500, Dow Jones Industrial Average, SPDR S&P 500, Apple Inc. Read Michael Kramer's latest article on Investing.com

South Africa’s move to level 3 lockdown won’t be like ‘flicking a switch’

President Cyril Ramaphosa’s announcement that most of the economy will reopen from 1 June, should be welcomed, however, it must be stressed that overall levels of activity will remain notably below what we saw before the pandemic, says the Bureau of Economic Research (BER).

The big growth leap: Covid gives India the opportunity to get growth without massive investment

Covid gives India the opportunity to remove a 70-year incubus and get growth without having to invest massively.

Sovereign rating: Economists shrug off downgrade fear amid Covid crisis

Unprecedented crises, they stress, warrant elevated government spending to rekindle growth impulses fast and protect both lives and livelihood, while fiscal hawkishness is best reserved for normal times.

JetBlue Airways: Beware The Pending Capital Raise

JetBlue's 1Q commentary points to an April trough. I am less confident about JetBlue leading a recovery given its exposure to the Northeast. The ~$750 million c

Cash levels with fund managers globally highest since 9/11; most do not expect v-shaped recovery

In what can be interpreted as a sign of pessimism across global equity markets, a survey of fund managers across the globe, has shown that cash levels are at the highest level since the 9/11 terrorist attacks.

BTC Failed to Break $10,000 – How to Hedge Loss in Spot Trade?

Bitcoin’s 3rd halving was expected to be a bullish event for BTC investors. However, Bitcoin tried 4 times to break above the strong resistance of $10,000, but it failed. Since May 20, the price of BTC has declined nearly 10%, and reached the lowest of $8,800 on May 21, shifting traders’ focus from breaking the $10 resistance to now holding above the key support of $9,200. 

Fractional Shares: Why It’s in the News

Have $5? Then you could start building wealth today.

Still A Lot of Value in Corporate Bond Market

Bonds Analysis by Brian Gilmartin covering: General Motors Company, iShares Nasdaq Biotechnology ETF, Crude Oil WTI Futures, SPDR® S&P Biotech ETF. Read Brian Gilmartin's latest article on Investing.c

5 charts show how the coronavirus crisis has dwarfed the Great Recession in just 2 months

"It just goes to show you how quickly the current crisis has evolved and how deep it is," said Daniel Zhao, an economist at Glassdoor.

The Return Of Starbucks Begins

China and US stores, the company's two largest markets are almost fully open under modified hours. The company saw 80% of prior year same-store sales recovered

Bank of Canada head: inflation could return to target more slowly

Bank of Canada head: inflation could return to target more slowly

Sberbank: The Downside Is Limited

As Russia’s flagship bank, Sberbank already felt the pain of the virus, as its Q1 earnings results showed a staggering decline in its profits. Nevertheless, Sbe

With 22% returns so far in 2020, Gold ETFs could help you polish your portfolio even in trying times

Gold has no doubt been the uncontested Student of the year in 2019 with a shining return of 24% annualised which renders financial assets pale in comparison.

There's Always Something To Worry About (And That's Bullish)

Persistence of worry among investors supports a bullish contrarian thesis. The 32% rally in the S&P 500 strongly suggests a new bull has begun. Online retail sa

GBP/USD: Falling this year before a very modest rebound in 2021 – HSBC

GBP is particularly vulnerable in a world driven by fiscal dynamics. The UK's status as a foreign debtor and the resurfacing of Brexit create further

A Big Monkey Wrench In Any Economic Rebound

Today, we discuss a 'moral hazard' that came about thanks to the recently passed $2 trillion CARES Act. Few in the media are spotlighting this obvious impedimen

Oil Has Recovered From Record Lows But $40 Prices Unlikely Before Q3 2020

Market has recovered from record lows but a clear cut pathway for a sustained rally isn’t here yet.

Bitcoin Has Upside Potential: Building Successful Investing Strategy

Market Analysis by Korbinian Koller covering: Investing.com Bitcoin Index. Read Korbinian Koller's Market Analysis on Investing.com

Jefferies’ 22 highest conviction U.S. stock picks

Daily roundup of research and analysis from The Globe and Mail’s market strategist Scott Barlow

Domestic mutual funds increase ownership of Nifty companies in Q4

Compared to the March quarter last year, the ownership is higher by 140 bps

Siemens Healthineers: Excellent Company, But The Valuation Doesn't Scan

Healthineers is one of the world’s leading medical technology companies with a leading position in imaging and advanced therapies. Its diagnostics division has

Gulfport Energy: Stock Appears To Be Overvalued Now Due To The Still High Restructuring Risk

Gulfport's borrowing base was reduced to $700 million, and it is limited to $20 million for further unsecured note repurchases. It has plenty of liquidity for n

Fed Chiefs Speak: Reading Between The Lines

On May 20, 2020, three state Fed chiefs spoke independently on what they expect the economy to do in the near future. I thought it'd be a great idea to reconcil

5paisa.com CEO: Profitability is in our sight, but it’s not our focus

Currently, 80% of the customers the company acquires are coming to the capital market for the first time and they have never traded or invested in their life.

How to build an emergency fund

The financial problems caused by the pandemic has made everyone realise the importance of maintaining an emergency fund

USD/MXN: Slight relief for the peso – CIBC

The initial market reaction to Banxico’s cut to 5.5% suggests that the decision was not more dovish than investors were expecting, according to analys

Understanding VC cycles for post-pandemic success

VC investing is currently in a 'triage' stage. Here's a look at how that will change as we gradually emerge from the pandemic.

Covid impact: Private banks set aside over 75% of operating profit as provisions in Q4

All of them provided aggressively in view of the Covid-19 outbreak and the repayment moratorium, which also requires pre-emptive provisioning. Some red-flagged risks that could arise out of the retail unsecured segment.

Fiera Capital Corp Sells 307 Shares of Aptiv PLC (NYSE:APTV)

Fiera Capital Corp trimmed its holdings in Aptiv PLC (NYSE:APTV) by 2.3% during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 12,935 shares of the auto parts company’s stock after selling 307 shares during the period. Fiera Capital Corp’s holdings in Aptiv […]

Oppenheimer Asset Management Inc. Acquires 11,774 Shares of Aptiv PLC (NYSE:APTV)

Oppenheimer Asset Management Inc. increased its holdings in shares of Aptiv PLC (NYSE:APTV) by 358.7% during the first quarter, HoldingsChannel.com reports. The fund owned 15,056 shares of the auto parts company’s stock after buying an additional 11,774 shares during the quarter. Oppenheimer Asset Management Inc.’s holdings in Aptiv were worth $741,000 as of its most […]

ETRADE Capital Management LLC Purchases New Holdings in Docusign Inc (NASDAQ:DOCU)

ETRADE Capital Management LLC acquired a new stake in Docusign Inc (NASDAQ:DOCU) in the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 5,364 shares of the company’s stock, valued at approximately $496,000. Several other hedge funds and other institutional investors have also added to […]

Oppenheimer Asset Management Inc. Acquires 11,774 Shares of Aptiv PLC (NYSE:APTV)

Oppenheimer Asset Management Inc. increased its holdings in shares of Aptiv PLC (NYSE:APTV) by 358.7% during the first quarter, HoldingsChannel.com reports. The fund owned 15,056 shares of the auto parts company’s stock after buying an additional 11,774 shares during the quarter. Oppenheimer Asset Management Inc.’s holdings in Aptiv were worth $741,000 as of its most […]

PNC Financial Services Group Inc. Sells 2,146 Shares of Leidos Holdings Inc (NYSE:LDOS)

PNC Financial Services Group Inc. decreased its holdings in shares of Leidos Holdings Inc (NYSE:LDOS) by 4.4% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 46,268 shares of the aerospace company’s stock after selling 2,146 shares during the quarter. PNC […]

Fiera Capital Corp Grows Position in salesforce.com, inc. (NYSE:CRM)

Fiera Capital Corp lifted its holdings in salesforce.com, inc. (NYSE:CRM) by 3.2% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,677 shares of the CRM provider’s stock after buying an additional 175 shares during the period. Fiera Capital […]

ETRADE Capital Management LLC Has $597,000 Holdings in Lithia Motors Inc (NYSE:LAD)

ETRADE Capital Management LLC increased its position in shares of Lithia Motors Inc (NYSE:LAD) by 10.8% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 7,294 shares of the company’s stock after purchasing an additional 708 shares during the period. ETRADE Capital […]

6,668 Shares in AmerisourceBergen Corp. (NYSE:ABC) Acquired by ETRADE Capital Management LLC

ETRADE Capital Management LLC purchased a new stake in AmerisourceBergen Corp. (NYSE:ABC) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 6,668 shares of the company’s stock, valued at approximately $590,000. Other hedge funds also recently added to or reduced their stakes in […]

Albemarle Co. (NYSE:ALB) Shares Acquired by Swiss National Bank

Swiss National Bank grew its holdings in Albemarle Co. (NYSE:ALB) by 23.2% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 411,607 shares of the specialty chemicals company’s stock after acquiring an additional 77,400 shares during the period. Swiss National Bank owned about 0.39% […]

PNC Financial Services Group Inc. Purchases 501 Shares of Donaldson Company, Inc. (NYSE:DCI)

PNC Financial Services Group Inc. boosted its holdings in shares of Donaldson Company, Inc. (NYSE:DCI) by 0.4% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 134,435 shares of the industrial products company’s stock after acquiring an additional 501 shares during the quarter. PNC […]

ETRADE Capital Management LLC Sells 2,520 Shares of Ball Co. (NYSE:BLL)

ETRADE Capital Management LLC decreased its position in Ball Co. (NYSE:BLL) by 27.1% during the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 6,796 shares of the industrial products company’s stock after selling 2,520 shares during the period. ETRADE Capital Management LLC’s holdings in Ball were worth $439,000 as […]

Hancock Whitney Corp Sells 1,792 Shares of Walmart Inc (NYSE:WMT)

Hancock Whitney Corp cut its position in shares of Walmart Inc (NYSE:WMT) by 13.0% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 12,014 shares of the retailer’s stock after selling 1,792 shares during the period. Hancock Whitney Corp’s holdings in Walmart […]

Ameren Corp (NYSE:AEE) Stock Position Increased by Cambridge Investment Research Advisors Inc.

Cambridge Investment Research Advisors Inc. lifted its position in Ameren Corp (NYSE:AEE) by 3.7% during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 33,502 shares of the utilities provider’s stock after buying an additional 1,188 shares during the period. Cambridge Investment Research Advisors Inc.’s holdings in […]

Interpublic Group of Companies Inc (NYSE:IPG) Shares Purchased by Swiss National Bank

Swiss National Bank raised its holdings in Interpublic Group of Companies Inc (NYSE:IPG) by 23.2% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,504,918 shares of the business services provider’s stock after buying an additional 283,800 shares during the quarter. Swiss National […]

ETRADE Capital Management LLC Boosts Stock Position in Seagate Technology PLC (NASDAQ:STX)

ETRADE Capital Management LLC grew its stake in Seagate Technology PLC (NASDAQ:STX) by 15.4% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 9,677 shares of the data storage provider’s stock after acquiring an additional 1,289 shares during the quarter. ETRADE Capital Management LLC’s […]

1,396 Shares in Mercadolibre Inc (NASDAQ:MELI) Purchased by Fiera Capital Corp

Fiera Capital Corp acquired a new stake in Mercadolibre Inc (NASDAQ:MELI) in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 1,396 shares of the company’s stock, valued at approximately $682,000. A number of other hedge funds also recently modified their holdings of the […]

Cetera Advisor Networks LLC Purchases 1,000 Shares of GMS Inc (NYSE:GMS)

Cetera Advisor Networks LLC grew its position in GMS Inc (NYSE:GMS) by 4.3% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 24,090 shares of the company’s stock after acquiring an additional 1,000 shares during the period. Cetera Advisor Networks […]

Invesco Ltd. (NYSE:IVZ) Position Boosted by AE Wealth Management LLC

AE Wealth Management LLC increased its holdings in Invesco Ltd. (NYSE:IVZ) by 17.3% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 25,084 shares of the asset manager’s stock after buying an additional 3,696 shares during the quarter. AE Wealth Management LLC’s […]

Fiera Capital Corp Decreases Position in Canopy Growth Corp (NYSE:CGC)

Fiera Capital Corp reduced its stake in Canopy Growth Corp (NYSE:CGC) by 2.5% during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 30,751 shares of the marijuana producer’s stock after selling 783 shares during the period. Fiera Capital Corp’s holdings in Canopy Growth […]

Cetera Advisor Networks LLC Decreases Stock Position in Newmont Goldcorp Corp (NYSE:NEM)

Cetera Advisor Networks LLC lessened its stake in shares of Newmont Goldcorp Corp (NYSE:NEM) by 37.3% during the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 8,034 shares of the basic materials company’s stock after selling 4,773 shares during the period. Cetera Advisor Networks LLC’s holdings in Newmont […]

AE Wealth Management LLC Boosts Stock Position in Synopsys, Inc. (NASDAQ:SNPS)

AE Wealth Management LLC raised its stake in Synopsys, Inc. (NASDAQ:SNPS) by 14.7% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,785 shares of the semiconductor company’s stock after purchasing an additional 229 shares during the period. AE Wealth Management LLC’s holdings in […]

Zurcher Kantonalbank Zurich Cantonalbank Trims Position in Etsy Inc (NASDAQ:ETSY)

Zurcher Kantonalbank Zurich Cantonalbank cut its holdings in shares of Etsy Inc (NASDAQ:ETSY) by 98.8% in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 10,201 shares of the specialty retailer’s stock after selling 847,561 shares during the quarter. Zurcher Kantonalbank Zurich Cantonalbank’s holdings in Etsy […]

Oppenheimer & Co. Inc. Buys 6,065 Shares of Innovative Industrial Properties Inc (NYSE:IIPR)

Oppenheimer & Co. Inc. lifted its stake in shares of Innovative Industrial Properties Inc (NYSE:IIPR) by 216.6% in the first quarter, according to its most recent filing with the SEC. The fund owned 8,865 shares of the company’s stock after acquiring an additional 6,065 shares during the period. Oppenheimer & Co. Inc. owned approximately 0.05% […]

Edison International (NYSE:EIX) Shares Sold by PNC Financial Services Group Inc.

PNC Financial Services Group Inc. reduced its position in shares of Edison International (NYSE:EIX) by 3.5% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 96,271 shares of the utilities provider’s stock after selling 3,487 shares during the period. PNC Financial […]

Synchrony Financial (NYSE:SYF) Shares Sold by ETRADE Capital Management LLC

ETRADE Capital Management LLC reduced its stake in shares of Synchrony Financial (NYSE:SYF) by 20.4% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 33,834 shares of the financial services provider’s stock after selling 8,693 shares during the quarter. ETRADE Capital Management LLC’s holdings […]

Swiss National Bank Raises Stake in Steel Dynamics, Inc. (NASDAQ:STLD)

Swiss National Bank grew its position in Steel Dynamics, Inc. (NASDAQ:STLD) by 20.8% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 836,223 shares of the basic materials company’s stock after purchasing an additional 143,700 shares during the quarter. […]

PNC Financial Services Group Inc. Purchases 9,907 Shares of Lincoln National Co. (NYSE:LNC)

PNC Financial Services Group Inc. lifted its position in shares of Lincoln National Co. (NYSE:LNC) by 5.4% during the 1st quarter, HoldingsChannel reports. The firm owned 192,415 shares of the financial services provider’s stock after acquiring an additional 9,907 shares during the period. PNC Financial Services Group Inc.’s holdings in Lincoln National were worth $5,064,000 […]

ETRADE Capital Management LLC Sells 1,830 Shares of Allergan plc (NYSE:AGN)

ETRADE Capital Management LLC cut its position in shares of Allergan plc (NYSE:AGN) by 36.6% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 3,173 shares of the company’s stock after selling 1,830 shares during the quarter. ETRADE Capital Management LLC’s […]

Bank of America Boosts Splunk (NASDAQ:SPLK) Price Target to $208.00

Splunk (NASDAQ:SPLK) had its price objective lifted by Bank of America from $175.00 to $208.00 in a report published on Friday, BenzingaRatingsTable reports. The brokerage currently has a buy rating on the software company’s stock. A number of other research analysts have also recently commented on the company. SunTrust Banks dropped their price target on […]

ETRADE Capital Management LLC Raises Stake in American Express (NYSE:AXP)

ETRADE Capital Management LLC increased its stake in shares of American Express (NYSE:AXP) by 9.4% in the first quarter, HoldingsChannel.com reports. The institutional investor owned 7,015 shares of the payment services company’s stock after buying an additional 603 shares during the quarter. ETRADE Capital Management LLC’s holdings in American Express were worth $600,000 as of […]

ETRADE Capital Management LLC Raises Position in Lincoln National Co. (NYSE:LNC)

ETRADE Capital Management LLC lifted its stake in shares of Lincoln National Co. (NYSE:LNC) by 1.8% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 19,099 shares of the financial services provider’s stock after buying an additional 336 shares during the quarter. ETRADE Capital […]

AE Wealth Management LLC Raises Holdings in Axon Enterprise Inc (NASDAQ:AAXN)

AE Wealth Management LLC lifted its holdings in shares of Axon Enterprise Inc (NASDAQ:AAXN) by 8.9% during the first quarter, according to its most recent disclosure with the SEC. The fund owned 3,137 shares of the industrial products company’s stock after acquiring an additional 256 shares during the period. AE Wealth Management LLC’s holdings in […]

ETRADE Capital Management LLC Sells 5,934 Shares of Valero Energy Co. (NYSE:VLO)

ETRADE Capital Management LLC reduced its holdings in Valero Energy Co. (NYSE:VLO) by 36.0% in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 10,555 shares of the oil and gas company’s stock after selling 5,934 shares during the quarter. ETRADE Capital Management […]

PNC Financial Services Group Inc. Sells 811 Shares of Laboratory Corp. of America Holdings (NYSE:LH)

PNC Financial Services Group Inc. cut its stake in shares of Laboratory Corp. of America Holdings (NYSE:LH) by 2.2% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 36,421 shares of the medical research company’s stock after selling 811 shares during the […]

Oppenheimer & Co. Inc. Boosts Stock Position in Axon Enterprise Inc (NASDAQ:AAXN)

Oppenheimer & Co. Inc. increased its stake in shares of Axon Enterprise Inc (NASDAQ:AAXN) by 20.5% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 8,830 shares of the industrial products company’s stock after purchasing an additional 1,500 shares during […]

Oppenheimer & Co. Inc. Reduces Position in Unum Group (NYSE:UNM)

Oppenheimer & Co. Inc. cut its position in shares of Unum Group (NYSE:UNM) by 5.7% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 41,352 shares of the financial services provider’s stock after selling 2,506 shares during the period. Oppenheimer & Co. […]

Swiss National Bank Boosts Stake in Teladoc Health Inc (NYSE:TDOC)

Swiss National Bank lifted its stake in shares of Teladoc Health Inc (NYSE:TDOC) by 1.8% in the first quarter, HoldingsChannel.com reports. The fund owned 133,400 shares of the health services provider’s stock after acquiring an additional 2,400 shares during the quarter. Swiss National Bank’s holdings in Teladoc Health were worth $20,678,000 at the end of […]

Swiss National Bank Purchases 138,500 Shares of Lincoln National Co. (NYSE:LNC)

Swiss National Bank grew its position in Lincoln National Co. (NYSE:LNC) by 21.9% during the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 769,805 shares of the financial services provider’s stock after purchasing an additional 138,500 shares during the quarter. Swiss National Bank owned approximately […]

Darden Restaurants (NYSE:DRI) Price Target Raised to $88.00

Darden Restaurants (NYSE:DRI) had its price objective upped by KeyCorp from $75.00 to $88.00 in a report published on Thursday morning, BenzingaRatingsTable reports. They currently have an overweight rating on the restaurant operator’s stock. Other equities research analysts have also issued reports about the stock. Goldman Sachs Group upgraded shares of Darden Restaurants from a […]

Cambridge Investment Research Advisors Inc. Sells 20,113 Shares of Novo Nordisk A/S (NYSE:NVO)

Cambridge Investment Research Advisors Inc. cut its stake in Novo Nordisk A/S (NYSE:NVO) by 33.3% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 40,315 shares of the company’s stock after selling 20,113 shares during the period. Cambridge Investment Research […]

Mackay Shields LLC Invests $1.78 Million in Axon Enterprise Inc (NASDAQ:AAXN)

Mackay Shields LLC acquired a new position in shares of Axon Enterprise Inc (NASDAQ:AAXN) during the first quarter, Holdings Channel.com reports. The fund acquired 25,200 shares of the industrial products company’s stock, valued at approximately $1,784,000. A number of other institutional investors and hedge funds also recently modified their holdings of AAXN. Wealth Quarterback LLC […]

Cetera Advisors LLC Sells 2,568 Shares of Marathon Oil Co. (NYSE:MRO)

Cetera Advisors LLC lowered its stake in shares of Marathon Oil Co. (NYSE:MRO) by 16.5% during the first quarter, HoldingsChannel reports. The fund owned 13,013 shares of the oil and gas producer’s stock after selling 2,568 shares during the quarter. Cetera Advisors LLC’s holdings in Marathon Oil were worth $43,000 as of its most recent […]

Oppenheimer & Co. Inc. Acquires 5,142 Shares of Discovery Communications Inc. (NASDAQ:DISCA)

Oppenheimer & Co. Inc. boosted its holdings in Discovery Communications Inc. (NASDAQ:DISCA) by 18.3% during the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 33,292 shares of the company’s stock after acquiring an additional 5,142 shares during the quarter. Oppenheimer & Co. Inc.’s holdings in […]

IndexIQ Advisors LLC Buys Shares of 10,279 KB Home (NYSE:KBH)

IndexIQ Advisors LLC bought a new stake in KB Home (NYSE:KBH) in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 10,279 shares of the construction company’s stock, valued at approximately $186,000. A number of other hedge funds also recently modified their holdings of KBH. […]

Novo Nordisk A/S (NYSE:NVO) Position Cut by First Allied Advisory Services Inc.

First Allied Advisory Services Inc. trimmed its stake in Novo Nordisk A/S (NYSE:NVO) by 13.1% during the first quarter, according to its most recent disclosure with the SEC. The fund owned 6,233 shares of the company’s stock after selling 936 shares during the quarter. First Allied Advisory Services Inc.’s holdings in Novo Nordisk A/S were […]

Fiera Capital Corp Sells 618 Shares of Diageo plc (NYSE:DEO)

Fiera Capital Corp lowered its stake in Diageo plc (NYSE:DEO) by 9.6% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 5,822 shares of the company’s stock after selling 618 shares during the period. Fiera Capital Corp’s holdings in Diageo were worth $741,000 as […]

ViaSat, Inc. (NASDAQ:VSAT) Shares Purchased by Oppenheimer Asset Management Inc.

Oppenheimer Asset Management Inc. lifted its holdings in ViaSat, Inc. (NASDAQ:VSAT) by 48.4% in the 1st quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 21,794 shares of the communications equipment provider’s stock after purchasing an additional 7,108 shares during the quarter. Oppenheimer Asset Management Inc.’s holdings […]

Oppenheimer Asset Management Inc. Has $831,000 Stake in Spirit Realty Capital Inc (NYSE:SRC)

Oppenheimer Asset Management Inc. raised its stake in shares of Spirit Realty Capital Inc (NYSE:SRC) by 56.5% in the first quarter, according to its most recent 13F filing with the SEC. The fund owned 31,797 shares of the real estate investment trust’s stock after purchasing an additional 11,473 shares during the period. Oppenheimer Asset Management […]

Horace Mann Educators Co. (NYSE:HMN) Shares Sold by ETRADE Capital Management LLC

ETRADE Capital Management LLC lowered its stake in Horace Mann Educators Co. (NYSE:HMN) by 3.7% during the first quarter, according to its most recent 13F filing with the SEC. The firm owned 12,243 shares of the insurance provider’s stock after selling 474 shares during the quarter. ETRADE Capital Management LLC’s holdings in Horace Mann Educators […]

Williams-Sonoma, Inc. (NYSE:WSM) Shares Purchased by First Trust Advisors LP

First Trust Advisors LP lifted its holdings in Williams-Sonoma, Inc. (NYSE:WSM) by 46.5% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 117,633 shares of the specialty retailer’s stock after acquiring an additional 37,327 shares during the quarter. First Trust Advisors LP owned 0.15% […]

PNC Financial Services Group Inc. Sells 14,392 Shares of Koninklijke Philips NV (NYSE:PHG)

PNC Financial Services Group Inc. trimmed its holdings in Koninklijke Philips NV (NYSE:PHG) by 12.6% in the first quarter, HoldingsChannel.com reports. The institutional investor owned 99,418 shares of the technology company’s stock after selling 14,392 shares during the quarter. PNC Financial Services Group Inc.’s holdings in Koninklijke Philips were worth $3,992,000 at the end of […]

Cenovus Energy Inc (NYSE:CVE) Shares Sold by Fiera Capital Corp

Fiera Capital Corp reduced its stake in shares of Cenovus Energy Inc (NYSE:CVE) (TSE:CVE) by 14.2% during the 1st quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 228,789 shares of the oil and gas company’s stock after selling 37,838 shares during the period. Fiera Capital Corp’s holdings in […]

Canadian Pacific Railway Ltd (NYSE:CP) Stake Lifted by PNC Financial Services Group Inc.

PNC Financial Services Group Inc. lifted its stake in shares of Canadian Pacific Railway Ltd (NYSE:CP) (TSE:CP) by 1.8% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 20,867 shares of the transportation company’s stock after acquiring an additional 375 shares during the quarter. […]

Mackay Shields LLC Cuts Stake in Jack Henry & Associates, Inc. (NASDAQ:JKHY)

Mackay Shields LLC lowered its position in shares of Jack Henry & Associates, Inc. (NASDAQ:JKHY) by 0.5% in the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 11,985 shares of the technology company’s stock after selling 58 shares during the quarter. Mackay Shields LLC’s holdings […]

Aigen Investment Management LP Sells 75,814 Shares of Marathon Oil Co. (NYSE:MRO)

Aigen Investment Management LP trimmed its position in Marathon Oil Co. (NYSE:MRO) by 37.4% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 126,780 shares of the oil and gas producer’s stock after selling 75,814 shares during the period. Aigen […]

Fiera Capital Corp Invests $847,000 in Keysight Technologies Inc (NYSE:KEYS)

Fiera Capital Corp acquired a new stake in shares of Keysight Technologies Inc (NYSE:KEYS) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 10,125 shares of the scientific and technical instruments company’s stock, valued at approximately $847,000. Other institutional […]

Swiss National Bank Acquires 69,600 Shares of Wynn Resorts, Limited (NASDAQ:WYNN)

Swiss National Bank increased its holdings in shares of Wynn Resorts, Limited (NASDAQ:WYNN) by 22.8% during the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 374,875 shares of the casino operator’s stock after purchasing an additional 69,600 shares during the period. Swiss National Bank owned […]

Fiera Capital Corp Raises Stock Holdings in Ulta Beauty Inc (NASDAQ:ULTA)

Fiera Capital Corp lifted its holdings in shares of Ulta Beauty Inc (NASDAQ:ULTA) by 14.1% during the first quarter, HoldingsChannel.com reports. The fund owned 2,316 shares of the specialty retailer’s stock after purchasing an additional 286 shares during the quarter. Fiera Capital Corp’s holdings in Ulta Beauty were worth $407,000 as of its most recent […]

Oppenheimer Asset Management Inc. Has $716,000 Stock Position in Texas Roadhouse Inc (NASDAQ:TXRH)

Oppenheimer Asset Management Inc. lifted its position in Texas Roadhouse Inc (NASDAQ:TXRH) by 14.3% in the first quarter, Holdings Channel.com reports. The institutional investor owned 17,340 shares of the restaurant operator’s stock after purchasing an additional 2,163 shares during the period. Oppenheimer Asset Management Inc.’s holdings in Texas Roadhouse were worth $716,000 as of its […]

Rhumbline Advisers Increases Stock Position in Fox Corp (NASDAQ:FOX)

Rhumbline Advisers boosted its stake in shares of Fox Corp (NASDAQ:FOX) by 9.8% in the first quarter, HoldingsChannel.com reports. The fund owned 264,628 shares of the company’s stock after purchasing an additional 23,633 shares during the period. Rhumbline Advisers’ holdings in FOX were worth $6,055,000 at the end of the most recent reporting period. Other […]

PNC Financial Services Group Inc. Sells 592 Shares of Vanguard Extended Market ETF (NYSEARCA:VXF)

PNC Financial Services Group Inc. cut its holdings in Vanguard Extended Market ETF (NYSEARCA:VXF) by 1.4% during the 1st quarter, Holdings Channel reports. The fund owned 41,489 shares of the company’s stock after selling 592 shares during the period. PNC Financial Services Group Inc.’s holdings in Vanguard Extended Market ETF were worth $3,757,000 as of […]

Swiss National Bank Has $23.13 Million Stock Position in Vail Resorts, Inc. (NYSE:MTN)

Swiss National Bank raised its holdings in shares of Vail Resorts, Inc. (NYSE:MTN) by 13.7% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 156,567 shares of the company’s stock after purchasing an additional 18,900 shares during the quarter. Swiss National Bank owned […]

First Allied Advisory Services Inc. Has $402,000 Stock Holdings in Chipotle Mexican Grill, Inc. (NYSE:CMG)

First Allied Advisory Services Inc. raised its holdings in Chipotle Mexican Grill, Inc. (NYSE:CMG) by 4.4% during the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 614 shares of the restaurant operator’s stock after purchasing an additional 26 shares during the quarter. First Allied […]

Insider Weekends: Moderna Executives Go On A Selling Spree

Insider buying decreased significantly last week. Notable Insider Buys: Mercury General Corporation, Cortexyme, Inc., New Mountain Finance Corporation, Berkshir

Stock, commodity, bond, forex markets closed today for Eid ul Fitr; to resume trading tomorrow

Wholesale commodity markets, including metal and bullion, will also remain shut

Asian shares reverse early gains, eyes on China-US trade relations

MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.1% after starting higher with China's blue-chip CSI300 index down 0.2%. Hong Kong's HSI index dived 1.4% to a two-month low after sinking 5.5% on Friday.

Asian shares reverse early gains

Eyes on China-US trade relations.

Asian stocks subdued after China imposes new law on Hong Kong

Global financial markets already struggling to deal with huge economic uncertainty

Asian shares tick up, eyes on China-US trade relations

Asian shares started cautiously on Monday as central bank largesse globally boosted sentiment but rising trade tensions between the world's two ...

German survey fuels stock gains, euro investors eye EU summit

German survey fuels stock gains, euro investors eye EU summit

South Korea Financial Markets

Global shares rose Monday, with Europe tracking gains in Asia despite news that the German economy fell into recession in the first quarter of the year amid the coronavirus pandemic. France's CAC 40 gained 0.8% in early trading to 4,479.60, while Germany's DAX jumped 1.2% to 11,206.26. Germany

German sentiment survey boosts stocks, Europe focuses on recovery fund

LONDON (Reuters) - Stocks gained modestly on Monday with many countries on holiday as German business morale rebounded strongly in May, offering a glimpse of optimism to battered investors of what lay beyond weeks of economic lockdowns.

Hong Kong shares ease on China-U.S. rift, dollar firms

Hong Kong shares extended losses and a gauge of Asian stocks was largely subdued on Monday, after China's move to impose a new security law on Hong Kong heightened concerns about the future stability of the city and global trade prospects. Hong Kong's HSI index fell 0.4% after sinking 5.5% on

New emissions blow for VW as German court backs damages claims

LONDON: Oil prices, which have been driven higher for the past four weeks, were steady on Monday, with holidays in Singapore, London and New York dampening trade, as rising concerns over demand recovery offset supply cuts. Brent was flat at $35.13 a barrel, while US oil gained 10 cents, or 0.3 percent to $33.35 a barrel. Both are down around 45 percent so farthis year.

Asia stocks mostly up on lockdown easing but Hong Kong extends losses

HONG KONG, May 25 — Most Asian markets rose today as a further opening up of economies from lockdown offset worries over worsening China-US tensions, while Hong Kong sank again after the city was rocked by protests at the weekend over a controversial proposed security law. While Donald Trump has...

Hong Kong shares ease on China-U.S. rift, dollar firms

SYDNEY — Hong Kong shares extended losses and a gauge of Asian stocks was largely subdued on Monday, after China’s move to impose a new security law on Hong Kong heightened concerns about the future stability of the city and global trade prospects.

Asian shares tick up, eyes on China-US trade relations

Analysts expect trading to be subdued with United States and UK markets shut for public holidays.

German sentiment survey boosts stocks, Europe focuses on recovery fund

LONDON, May 26 — Stocks gained modestly yesterday with many countries on holiday as German business morale rebounded strongly in May, offering a glimpse of optimism to battered investors of what lay beyond weeks of economic lockdowns. MSCI’s gauge of world stocks gained 0.4 per cent, nearing a...

Global shares rise on hopes for economies’ gradual reopening

TOKYO (AP) — Global shares rose Monday, with Europe tracking gains in Asia despite news that the German economy fell into recession in the first quarter of the year amid the coronavirus pandemic.

Global shares rise on hopes for economies’ gradual reopening

TOKYO (AP) — Global shares rose Monday, with Europe tracking gains in Asia despite news that the German economy fell into recession in the first quarter of the year amid the coronavirus pandemic.

Global shares rise on hopes for economies' gradual reopening

Global shares rose Monday, with Europe tracking gains in Asia despite news that the German economy fell into recession in the first quarter of the year amid the coronavirus pandemic.

Sterling under pressure as Johnson faces Tory revolt in Cummings affair

Sterling under pressure as Johnson faces Tory revolt in Cummings affair

Global Markets: German sentiment survey boosts stocks, Europe focuses on recovery fund

By Yoruk Bahceli and Saikat Chatterjee LONDON (Reuters) - Stocks gained modestly on Monday with many countries on holiday as German business morale rebounded strongly in May, offering a glimpse of optimism to battered investors of what lay beyond weeks of economic lockdowns. MSCI's gauge of world stocks gained 0.4%, nearing a 2-1/2 month high. The pan-European STOXX 600 index was up 1.2%

Global shares up as recovery hopes overshadow virus worries

TOKYO (AP) — Global shares rose Tuesday as hopes for economic recovery overshadowed worries over the coronavirus pandemic. Investors are shifting their focus to how various nations are adapting to...

Asian shares up as recovery hopes overshadow virus worries

TOKYO — Shares rose in Asia on Tuesday as some regions in Japan resumed close-to-normal business activity, with hopes for economic recovery overshadowing worries over the coronavirus pandemic. The market focus is shifting to how various nations are adapting to getting back to business, while striving to keep new COVID-19 cases in check. Japan lifted …

Global shares rise on hopes for economies’ gradual reopening

TOKYO (AP) — Global shares rose Monday, with Europe tracking gains in Asia despite news that the German economy fell into recession in the first quarter of the year amid...

Global stock markets confused as US and China spar, bring trade-tension to the forefront again

Asian stocks began the week in mixed fashion as traders weighed more signs of economies reopening around the world against the rise in U.S.-China tensions.

Asian shares climb, Tokyo gains on hopes for reopening

Asian shares are mostly higher, with Tokyo stocks gaining on expectations that a pandemic state of emergency will be lifted for all of Japan. Japan’s benchmark Nikkei 225 added 1.5% in morning trading to 20,682.78. Hong Kong’s Hang Seng dropped 1.2% to 22,659.62.

Asian shares climb, Tokyo gains on hopes for reopening

TOKYO — Asian shares are mostly higher, with Tokyo stocks gaining on expectations that a pandemic state of emergency will be lifted for all of Japan.

Oil jumps as coronavirus lockdowns ease, boosting hopes for demand pickup; rising Sino-US tensions likely to cap gains

Amid quiet trading, with financial centres Singapore, London and New York all closed for holidays, Brent was up 6 cents, or 0.2 percent, at $35.19 a barrel.

ASX to open higher, $A steady

Australian shares are poised to advance, extending Monday's surge. German shares lift on Lufthansa rescue.

Nikkei rises, but Hong Kong shares slip as tensions with China heat up

Hong Kong stocks fall as demonstrators take to the streets to protest proposal by China to supercede city government’s authority.

Rand slips on US-China tensions

South Africa’s economy was in bad shape before the COVID-19 pandemic struck, with repeated bailouts for ailing state firms like power utility Eskom and South African Airways a drain on public finances.

Gold prices dip on profit-taking in thin trade

Gold eased on Monday in holiday-thinnedtrade as some investors took profits, though lingeringU.S.-China tensions and extensive stimulus measures bygovernments worldwide limited decline.

What every Canadian investor needs to know today

A look at the morning’s market action

Asia stocks rise as countries ease lockdown restriction, Hong Kong extends losses

Hong Kong sank again after the city was rocked by protests at the weekend over a controversial proposed security law

Gold falls as Japanese shares rise on potential stimulus report

Gold dipped on Monday as Japaneseequities rose on news about a potential stimulus program,although losses were capped by a weaker dollar and worries offresh Sino-U.

Gold prices slip on rising dollar, equities; renewed Sino-US trade tensions restrict losses, silver falls 0.7%

Spot gold was down 0.3 percent at $1,729.05 per ounce. US gold futures fell 0.4 percent to $1,729.40.

Gold down as potential Japanese stimulus boosts risk appetite

Spot gold fell 0.4% to $1,728.06 per ounce by 0252 GMT. US gold futures were down 0.4% at $1,728.50.

AUD/USD snaps two-day losing streak to extend recovery above 0.6500

AUD/USD remains modestly positive around 0.6540/45, up 0.11% on a day, amid the Asian session on Monday. Although the US-China tension keeps Aussie bu

Gold falls as potential Japan stimulus boosts risk appetite

Gold declined on Monday as Japaneseequities rose on news of a potential stimulus program thatboosted investors’ risk appetite, though fresh tensions overHong Kong limited the metal’s fall.

USD/JPY: Bulls targeting 108.00 catch a breath amid mixed clues

USD/JPY buyers catch a breath near 107.70 at the start of Tuesday’s Asian session. While the absence of traders from the UK and the US seems to have l

Gold Price Analysis: XAU/USD mildly heavy below $1,750, looks to US-China tension for clues

Gold prices drop to $1,731, print 0.20% loss, intraday low of $1,730.37, by the press time of Tokyo open on Monday.

Gold down as potential Japanese stimulus boosts risk appetite

Gold declined on Monday as Japaneseequities rose on news of a potential stimulus program thatboosted investors’ risk appetite, though fresh tensions overHong Kong limited the metal’s fall.

WTI: Off daily highs, still above $33.00, as US-China tension looms

WTI drops to $33.45, down 0.6%, while heading into the European session on Monday. The black gold recently benefited from the news suggesting ease of

WTI consolidates the bounce above $33 mark amid intensifying US-China tensions

WTI (July futures on Nymex) is defending minor bids on the 33 level after having failed several attempts to take out stiff resistances aligned near th

EUR/USD trims losses, looks to regain 1.0900 post-IFO

Following a drop to daily lows in the 1.0870 region, EUR/USD met some fresh buying interest and is now attempting to reclaim the 1.09 neighbourhood. E

Tokyo stocks rally on hopes for economic restart amid pandemic

Tokyo stocks rebounded Monday on hopes that Japan's economy will soon restart as the government is set to lift a state of emergency in the capital declared over the coronavirus pandemic. The 225-issue Nikkei Stock Average ended up 353.49 points, or 1.73 percent, from Friday at 20,741.65. The broader Topix…

AUD/USD remains directionless below 0.6600, US-China tension in focus

AUD/USD fails to extend the recovery moves from 0.6519 beyond 0.6550m, currently around 0.6543, during the early Asian morning on Tuesday. In doing so

EUR/USD: Bulls need a better-than-expected German IFO Expectations Figure

EUR/USD is looking to extend its two-day losing run on Monday amid the broad-based demand for the American dollar. Even gold, a classic safe-haven ass

Best month for Brent in 21 years overshadows US-China feud

Investors will be relying on a rebound in global demand for crude to support prices, as US-China tensions threaten to derail the oil market's recovery.

USD/JPY: Off intraday top, still above 107.00, as trade sentiment dwindles

USD/JPY retreats from the intraday high near 107.80 to 107.65 amid the early trading session on Monday. Although news of Japan’s likely removes of sta

Forex Today: Dollar in demand amid high Sino-American tensions, thin liquidity expected

Here is what you need to know on Monday, May 25: The new week has kicked off with dollar strength as the US and China have kept tensions high. Thin li

Tokyo stocks open higher on virus hopes

Tokyo stocks opened higher on Monday on expectations the state of emergency will be lifted for the whole nation including economic powerhouse Tokyo.

EUR/GBP alternates gains with losses near 0.8950

The now better mood in the British pound is forcing EUR/GBP to ease some ground following last week’s peaks in the 0.9000 neighbourhood. EUR/GBP faile

Rally likely in oil prices but upside may be capped on uncertain demand outlook

We expect Nymex Crude prices to face stiff resistance around $40-$42 per barrel. We expect prices to average near $28 per barrel during the year.

Tokyo stocks close higher on virus hopes

Tokyo stocks closed higher Monday on expectations the state of emergency will be lifted for the whole nation, including economic powerhouse Tokyo.

Oil steadies as demand uncertainty tempers supply cuts

Brent had eased by 5 cents, or 0.14 per cent to $35.08 a barrel by 1014 GMT

Asian stock market: Bears keeping the reins as Hong Kong issue intensifies

With the US-China raw over Hong Kong bill hitting risk sentiment across the board, Asian shares remain depressed ahead of the European session on open

Latam FX, stocks rally on economic recovery hopes

Latin American currencies firmed onMonday on hopes of an economic recovery as more economiesemerged from pandemic-induced lockdowns, although simmeringU.

Forex - Dollar Drifts Higher in Thin Trade as Hong Kong Flares up Again

Forex - Dollar Drifts Higher in Thin Trade as Hong Kong Flares up Again

Oil Rallies With Producers Showing Confidence by Hiking Prices

Oil’s recovery from its historic crash last month is barreling ahead, with some OPEC producers displaying signs of confidence that the market is stabilizing.

ASX 200 Index: Australian shares start out the week 1.5% higher

Australian shares have started the week on the front foot, despite the growing concerns over the US and Chinese relations. Instead, markets are gearin

AUD/JPY erases gains on lingering US-China tensions

The early risk-on tilt seen in the financial markets has faded, as evidenced by AUD/JPY's pullback from the session high of 70.58 to 70.30. The JPY cr

The close: TSX gains as pot stocks soar; Canada’s 10-year bond yield at all-time low

Investors look to an eventual economic recovery, but credit markets may be seeing things differently

GBP/USD: All ears to the ground for Brexit themes ahead of June 30

GBP/USD is currently trading at 1.2192 and slightly higher at the start of the week. Investors remain bullish on the relaxation of lockdown measures w

Experts urge govt to lock in crude oil purchases as prices start rising

They suggest it is time the govt chipped in as a sovereign oil hedger, perhaps by taking hedging as a Cabinet decision

A well-balanced stimulus package

It will minimise the human cost of the COVID-19 crisis and also pave the path for structural reforms

View: With the global supply chain being reconfigured, India must intelligently restructure its economy

Indias aspirations have been whetted by its improving ease of doing business, though more needs to be done.

The problem with the liquidity push

Even if partially successful, it will culminate in eventual default; the crisis is only likely to intensify

Centre’s Covid response ticks all boxes

The stimulus package addresses demand and supply issues, while boosting production to help India be part of global supply chains

Central Banks Are Destroying What Was Left of Free Markets

The Fed and other central banks are entering into a huge money-printing experiment in hopes of keeping the government-spending machine going at full speed forever. The unintended consequences will be highly destructive.

MULILI & SHAH: Need to lay out post-Covid-19 strategies for

Manufacturing has suffered due to mandated working in shifts and the impact of the lockdown.

Supply disruption in China a great opportunity for India: USIBC's Nisha Biswal

The amount of new spending in the economic relief package is relatively low, about 1-2% of India’s GDP, which is far lower than the stimulus packages announced in the US and other major economies

Supply disruption in China a great opportunity for India: USIBC’s Nisha Biswal

While a single national market for agriculture and steps to create an efficient energy space are welcome, the prohibition on … Supply disruption in China a great opportunity for India: USIBC’s Nisha Biswal Read More »

Responding to the Covid economy Part 1: Understanding supply and demand shocks — Ong Kian Ming

MAY 25 — It has been more than 2 months since the 18th of March 2020, which was the start of the movement control order (MCO) in Malaysia. The full extent of the negative economic impact domestically will not be known for a few months. But as we approach the 9th of June, 2020, and hopefully, the...

Ab ki baar, Atmanirbhar: Modi’s mega package is an economic masterstroke

Pandemics, in the past, were notorious for taking away lives. But, coronavirus, or Covid-19, has snatched away livelihood too. With the global economy suffering from an unprecedented crisis, India, which is under lockdown from the last week of March, is no exception. Continue Reading →

No bad bank yet: Govt plans reforms in asset recast space

The government first wants to ensure that structural reforms are initiated in the asset reconstruction space to boost the performance of existing companies.

Coronavirus Will Stretch, Not Break, Global Supply Chains

Here’s a vision of how coronavirus might change the world. Governments devastated by the pandemic and the costs of supporting locked-down and unemployed workers will reverse decades of retreat to take a more muscular role in their economies. Business

Covid Crisis: Need for Multi-Pronged Strategy by the State

The outbreak of covid-19 has exposed the country to challenges- economic, social and political- never thought of. On one hand it has led to plummeting demand while on the other hand has caused disruption in production and supply chains. It also serves as a lesson for any government in power in the

Coronavirus crisis: All that's bad about a 'Bad Bank'

The creation of a bad bank in its present format can only provide a temporary reprieve, by enabling transfer of a large chunk of NPAs, to make the banks' balance sheet look better

The Fed's Corporate Lending Facilities: A Case Of Pseudo Markets

Although the Fed's intent is to provide temporary liquidity to large U.S. firms, the promise of supporting corporate bond prices and making loans to highly leve

PROGRESO plus Taxes?

"As usual, taxpayers will bear the burden."     Family breadwinners may be losing sleep as the extensive disruptions bought about by the pandemic forces our society to rethink the way we live and work. Millions of daily wage earners who suddenly lost their only means of livelihood are now struggling to provide basic sustenance to their dependents. Assistance from government and the private sector have been mobilized but cannot be sustained for too long.

Sustaining Atmanirbharta: The right policy mix

Experience of countries that have successfully transformed themselves suggests that an integrated approach over the medium term, based on the first and third sets of policies will improve domestic capabilities, and help achieve atmanirbharta with a greater share in GVCs.

Is repurposing MGNREGA the right way forward?

MGNREGA is not the best instrument to help MSMEs in urban and rural areas. Mixing up its objectives can only lead to chaos with no value addition

[ANALYSIS] Why make the poor pay for the coronavirus response?

'It’s all a bizarre repeat of TRAIN where the poor are made to pay more so the rich can pay less. This time around, amid the COVID-19 crisis, the rich will benefit from the biggest corporate tax break in Philippine history.'

Covid-19: Will stimulus package work – Hits and misses

In the Covid-19 stimulus package, five pillars of Atmanirbhar Bharat were stressed upon: economy, infrastructure, tech-driven system, vibrant demography and demand.

Economic package is a mix of supply-side and demand-side measures: Dharmendra Pradhan

The oil industry is faced with an extraordinary situation. Our government’s view is to take a cautious and conscious approach of a balance in price, save it and use it for welfare, says Petroleum Minister

Post-Pandemic Economy: Great Depression or Growth Point?

Russian scientists are getting ready to submit their proposals to the Nationwide Action Plan to counter the pandemic in the Russian Federation. Which sectors of the...

Universal basic income – an idea whose time has come

‘There’s nothing more powerful than an idea whose time has come,’ said Victor Hugo. This quote helps us understand the growing calls from all spheres of society worldwide for the introduction of a universal basic income (also known as a basic income grant).

China’s trillions toward tech won’t buy dominance

Big spending numbers are being thrown around in China, once again. This time, it’s trillions of yuan of fiscal stimulus on all things tech. The plans are bold and vague.

Customized BIZ tax, non-tax perks to lure right investors

Finance Sec. Carlos Dominguez III is pushing a more proactive, targeted investment promotion strategy of directly approaching the kind of foreign investors that the government wants to relocate here and offering them a set of tax and non-tax incentives tailor-fit to their needs, as part of the efforts to reenergize the economy and create more jobs under a post-quarantine environment.

UK bailout schemes could create coronavirus debt trap, warn banks

Fear businesses could face paying billions in loans just as they try to recover from pandemic

People impact of Lagos State budget review

At the outset of the current fiscal year, the State House of Assembly approved a N1.168-trillion worth budget meant to impact lives and enhance the standard of living of Lagosians.

China's trillions towards tech won't buy dominance

China wants to bring technology into its mainstream infrastructure build-out and, in the process, heave the economy out of a gloom due only partly to the coronavirus.

Despite glut, Government unlikely to cut fuel prices, says Dharmendra Pradhan

It is a conscious decision: Pradhan

As Covid-19 Disrupts Global Supply Chains, Will Companies Turn to India?

It’s an increasingly viable option for companies anxious about sourcing from China.

India an attractive investment destination: Anurag Thakur

India an attractive investment destination: Anurag Thakur: Union Minister of State for Finance Anurag Thakur has said that India under Prime Minister Narendra Modi is successfully .... Get all latest entertainment & viral stories on english.lokmat.com

Economists See China Holding Stimulus in Check Amid Uncertainty

(Bloomberg) — Economists broke down China’s annual policy-document dump and concluded that Beijing is holding stimulus measures in reserve in case the global impact of the coronavirus pandemic worsens significantly.

Only technology exports can secure Australia’s future

Australia finds itself at a historically significant moment. But continued heavy dependence on the export of raw materials to one significant buyer poses an existential risk to our lifestyle.

Germany takes Lufthansa stake in landmark $15b bailout

The German government takes a 20 per cent stake in the struggling airline that has been battered by the pandemic.

Germany takes Lufthansa stake in landmark $15b bailout

The German government takes a 20 per cent stake in the struggling airline that has been battered by the pandemic.

Germany Will Take Lufthansa Stake in Landmark $9.8 Billion Bailout

Germany will offer Deutsche Lufthansa AG a 9 billion-euro ($9.8 billion) bailout that thrusts the state back into the heart of a company privatized with fanfare two decades ago.

Lufthansa's US$9.8 billion bailout bogged down in talks with EU

Germany’s 9 billion-euro (US$9.8 billion) bailout of Deutsche Lufthansa AG is being slowed by discussions meant to ensure the rescue plan receives swift European Union approval once it’s finalized, people familiar with the matter said.

Germany will take stake in Lufthansa in landmark $9.8-bn bailout deal

Government’s holding in the company, privatized with fanfare two decades ago, to start at 20% and could rise above 25%

Germany stamps authority on Lufthansa with $9.8 billion lifeline

The largest German corporate rescue since the coronavirus crisis struck will see the government get a 20% stake, which could rise to 25% plus one share in the event of a takeover attempt, as it seeks to protect thousands of jobs.

Germany stamps authority on Lufthansa with $9.8 billion lifeline

Germany threw Lufthansa a 9 billion euro ($9.8 billion) lifeline on Monday, agreeing a bailout which gives Berlin a veto in the event of a hostile bid for the airline. Lufthansa has been locked in talks with Berlin for weeks over aid it needs to survive an expected protracted travel slump, with the

Germany stamps authority on Lufthansa with €9b lifeline

FRANKFURT, May 26 — Germany threw Lufthansa a €9 billion (RM42.7 billion) lifeline yesterday, agreeing a bailout which gives Berlin a veto in the event of a hostile bid for the airline. The largest German corporate rescue since the coronavirus crisis struck will see the government get a 20 per...

Germany stamps authority on Lufthansa with $9.8 bln lifeline

FRANKFURT/BERLIN — Germany threw Lufthansa a 9 billion euro ($9.8 billion) lifeline on Monday, agreeing a bailout which gives Berlin a veto in the event of a hostile bid for the airline.

Germany stamps authority on Lufthansa with $9.8 billion lifeline

Germany stamps authority on Lufthansa with $9.8 billion lifeline

Germany's Lufthansa agrees to government's $9.8b aid

Deal will also place federal government with a major say in airline's future course

Lufthansa, German government agree on US$9.8 billion rescue package: sources

The German government and the management of flagship carrier Lufthansa , which has been hit hard by the coronavirus pandemic, have reached an ...

Germany will take Lufthansa stake in landmark US$9.8B bailout

Germany will offer Deutsche Lufthansa AG a 9 billion-euro (US$9.8 billion) bailout that thrusts the state back into the heart of a company privatized with fanfare two decades ago.

German gov't to climb aboard at Lufthansa in virus rescue

(UPDATED) To help Lufthansa, the German government offers a 3-billion-euro loan and 5.7 billion of 'silent' capital. It also seeks to buy 20% of the company for 300 million euros.

German govt to climb aboard at Lufthansa in virus rescue

Berlin will climb aboard airline giant Lufthansa as its largest shareholder in a nine-billion-euro ($9.8 billion) rescue if investors and competition authorities agree, as the coronavirus-stricken carrier ...

German government, Lufthansa agree on 9 billion euro aid package

Germany on Monday approved a 9 billion-euro (US$9.8 billion) aid package for stricken airline Lufthansa to keep a major employer going through the turbulence of the coronavirus pandemic. But officials said Berlin was still in talks with the European Union's executive commission about possible conditions.

Germany approves 9 billion euro aid package for Lufthansa

FRANKFURT, Germany (AP) — Germany on Monday approved a 9 billion-euro ($9.8 billion) aid package for stricken airline Lufthansa to keep a major employer going through the turbulence of the...

Lufthansa state rescue deal agreed in principle, say sources

FRANKFURT AM MAIN, May 25 — Coronavirus-stricken German airline group Lufthansa has agreed in principle a nine-billion-euro (US$9.8 billion) rescue deal that would see the government come onboard as a shareholder, sources told AFP today. With mangers and ministers in agreement, Lufthansa’s...

Lufthansa, German govt agree on rescue package amid travel slump: Report

Rivals such as Franco-Dutch group Air France-KLM and U.S. carriers American Airlines, United Airlines and Delta Air Lines have also sought state aid

New emissions blow for VW as German court backs damages claims

FRANKFURT: German airline Lufthansa said Monday it has received approval for a €9 billion ($9.8 billion) “stabilization package” from a government support fund to keep the company going through the turbulence from the coronavirus outbreak, but cautions the deal has not been approved by the EU’s executive commission.

Berlin to take 20% stake in €9bn bailout of Lufthansa as airline struggles amid Covid-19 travel fallout

Germany will offer Lufthansa a €9bn bailout in return for a 20% stake two decades after the airline was privatised with much fanfare.

German government takes 20% stake in $10B Lufthansa bailout

May 25 (UPI) -- Lufthansa Group announced Monday that the airline will receive a $10 billion bailout from Germany, giving the government a 20 precent stake in the company and two seats on the airline's board.

Lufthansa, Germany agree on $9.8-billion rescue package

The German Finance and Economy Ministries on Monday said Lufthansa was an operationally healthy company before the coronavirus outbreak, was profitable and had good prospects for the future but had got into trouble because of the pandemic.

Lufthansa says Germany approves stabilization package

FRANKFURT (Reuters) - Germany’s new Economic Stabilization Fund (WSF) has approved a 9 billion euro ($9.80 billion) stabilization package for Lufthansa (LHAG.DE), Germany’s flagship carrier said on Monday.

Lufthansa says Germany approves stabilization package

Lufthansa says Germany approves stabilization package

Lufthansa says Germany approves stabilization package

Germany's new Economic Stabilization Fund (WSF) has approved a 9 billion euro (US$9.80 billion) stabilization package for Lufthansa , Germany's ...

Lufthansa says Germany approves stabilization package

Germany's new Economic Stabilization Fund (WSF) has approved a 9 billion euro ($9.80 billion) stabilization package for Lufthansa , Germany's flagship carrier said on Monday. "The Executive Board also supports the package", Lufthansa said, adding that the bailout still need consent

Germany set to take Lufthansa stake in landmark $9.8-billion bailout

The aid package involves taking an initial 20 per cent stake that could rise to a blocking minority of 25 per cent plus one share in the event of a hostile takeover, the carrier said on Monday.

Berlin takes the controls at Lufthansa in €9B bailout

The largest aviation rescue in Europe is going to have to be approved by Brussels.

Japan lifts Tokyo's state of emergency, eyes fresh stimulus

TOKYO (Reuters) - Japanese Prime Minister Shinzo Abe lifted a state of emergency for Tokyo and four remaining areas on Monday after the number of infections fell across the country, but warned that it could be reimposed if the virus started spreading again.

Japan to End Tokyo’s State of Emergency, Eyes Fresh $930 Billion Stimulus

A customer wearing a protective mask enters an internet cafe at night in the Shibuya district of Tokyo, Japan, on … Japan to End Tokyo’s State of Emergency, Eyes Fresh $930 Billion Stimulus Read More »

Japan to end Tokyo's state of emergency, eyes fresh $930 bln stimulus

TOKYO — Japan will lift a state of emergency for Tokyo and remaining areas still facing restrictions on Monday, while the Nikkei reported a plan for new stimulus worth almost $1 trillion to help companies ride out the coronavirus pandemic.

Japan to end Tokyo’s state of emergency, eyes fresh $930 billion stimulus

The world’s third-largest economy has escaped an explosive outbreak with some 17,000 infections and 825 deaths so far; however, the epidemic has tipped it into a recession and plunged Prime Minister Shinzo Abe’s popularity to multi-year lows.

Japan ends state of emergency, eyes fresh $1.5trn stimulus

Japan's economy minister said the government had received approval from key advisers to remove the state of emergency for Tokyo and all remaining regions.

Shinzo Abe lifts Tokyo's state of emergency, eyes fresh economic stimulus

The move meant that the whole country would now have the social distancing curbs loosened, after an initial lifting of restrictions for most areas on May 14

Japan lifts emergency in Tokyo

Stimulus plan to be funded by 2nd extra budget, Abe support at record low

Japan looking to end Tokyo's state of emergency, eyes fresh $930 bln stimulus

TOKYO — Japan is looking to lift a state of emergency for Tokyo and remaining areas still facing restrictions while also considering fresh stimulus worth almost $1 trillion to help companies ride out the coronavirus pandemic, Nikkei reported on Monday.

Japan to end Tokyo’s state of emergency, eyes massive new stimulus

World’s third-largest economy has escaped an explosive coronavirus outbreak

Japan lifts Tokyo’s state of emergency

Japanese Prime Minister Shinzo Abe lifted a state of emergency for Tokyo and four remaining areas on Monday after the number of infections fell across the country, but warned that it could be reimposed if the virus started spreading again.

Japan plans to end Tokyo's state of emergency, eyes fresh $930 bn stimulus

Social distancing curbs were removed for most of the country on May 14 as new infections fell, but the government had kept Tokyo and four other prefectures under watch

Japan eyes fresh $930b stimulus, to end Tokyo's state of emergency

Japan is considering fresh stimulus worth 100 trillion yen ($930 billion), mostly comprising financial aid for companies.

Abe vows to double Japan's virus relief package to over ¥200 tril

Prime Minister Shinzo Abe said Monday the Japanese government will almost double its emergency package to address the economic fallout from the coronavirus pandemic to over 200 trillion yen ($1.86 trillion) from the current 117.1 trillion yen. The Cabinet will approve a second supplementary budget for fiscal 2020 to finance…

Japan lifts Tokyo’s state of emergency, eyes fresh stimulus

TOKYO, May 25 — Japanese Prime Minister Shinzo Abe said today that Japan will lift a state of emergency for Tokyo and four remaining areas later in the day but that it could be reimposed if the pace of infections picked up. Social distancing curbs were loosened for most of the country on May 14...

Japan lifts virus emergency

Japanese Prime Minister Shinzo Abe lifted a coronavirus state of emergency in Tokyo and four other remaining areas on Monday, ending the restrictions nationwide as businesses begin to reopen.

Japan government considers further pandemic relief of more than ¥100 trillion, report says

The package would be funded by a second extra budget for fiscal 2020 and follow the record ¥117 trillion spending plan deployed last month.

Japan lifts Tokyo’s state of emergency, eyes fresh stimulus

TOKYO, May 25 (Reuters) - Japanese Prime Minister Shinzo Abe said on Monday that Japan will lift a state of emergency for Tokyo and four remaining areas later in the day but that it could be reimposed if the pace of infections picked up.

Japan eyes fresh stimulus plan worth over US$929b to battle COVID-19

TOKYO: Japan is considering a fresh stimulus package worth over US$929 billion that will consist mostly of financial aid programmes for companies ...

Volkswagen scandal: Top German court rules automaker must pay 'dieselgate' compensation

Germany's top civil court has ruled against Volkswagen in the first case brought by a car owner against the automaker for emissions test cheating. The ruling sets a precedent for thousands more cases.

Top German court to rule on VW 'Dieselgate' compensation

Almost five years after Volkswagen's admission to cheating on emissions tests involving millions of diesel engined cars, a top German court will on Monday finally rule in a battle over compensation for tens of thousands of affected owners.

Germany's top court to rule on compensation for VW diesel cheating

In an early May hearing, judges at the Federal Court of Justice (BGH) said there was a chance for at least partial compensation for some VW buyers, saying they had indeed been harmed by purchasing a manipulated vehicle.

Top German court grants buybacks for VW diesel car owners

A top German court ruled Monday that Volkswagen must buy back a diesel car it modified to appear less polluting, a decision that could influence the outcome of tens of thousands of other "dieselgate" cases.

Top German court grants buybacks for Volkswagen diesel car owners

Almost 5 years after Volkswagen's admission to cheating on emissions tests, the ruling is the first real legal setback for VW in its home country

VW defeated in landmark Dieselgate case brought by van buyer

German court ruling will force carmaker to compensate tens of thousands more customers

Top German court grants buybacks for VW diesel car owners (Update)

A top German court ruled Monday that Volkswagen must buy back a diesel car it modified to appear less polluting, a decision that could influence the outcome of tens of thousands of other "dieselgate" ...

Germany's top court to rule on compensation for Volkwagen 'Dieselgate' scandal

Almost five years after Volkswagen's admission to cheating on regulatory emissions tests involving millions of cars, Germany's top court will on Monday finally rule in a battle over compensation for…

Top German court grants buybacks for Volkswagen diesel car owners

News News: Almost five years after Volkswagen's admission to cheating on emissions tests involving millions of diesel-engined cars, the ruling is the first real

Top German court to rule on VW ‘Dieselgate’ compensation

FRANKFURT AM MAIN, May 25 — Almost five years after Volkswagen’s admission to cheating on emissions tests involving millions of diesel engined cars, a top German court will today finally rule in a battle over compensation for tens of thousands of affected owners. In a preliminary finding in...

Top German court grants buybacks for VW diesel car owners

KARLSRUHE, May 25 — A top German court ruled today that Volkswagen must buy back a diesel car it modified to appear less polluting, a decision that could influence the outcome of tens of thousands of other “dieselgate” cases. Judges at the Federal Court of Justice (BGH) in Karlsruhe...

Volkswagen ordered to compensate motorists in landmark ‘Dieselgate’ ruling

A German federal court judge ruled on Monday that Volkswagen has to pay compensation to motorists who purchased vehicles with manipulated diesel engines, a major blow for the carmaker in its home mar…

German court ruling clears way to settle VW diesel cases

The decision affects some 60,000 individual claims brought by car owners in Germany.

German court ruling clears way to settle VW diesel cases

The decision affects some 60,000 individual claims brought by car owners in Germany.

German court ruling clears way to settle VW diesel cases

The decision affects some 60,000 individual claims brought by car owners in Germany.

New emissions blow for VW as German court backs damages claims

KARLSRUHE, Germany (Reuters) - Volkswagen (VOWG_p.DE) must pay compensation to owners of vehicles with rigged diesel engines in Germany, a court ruled on Monday, dealing a fresh blow to the automaker almost five years after its emissions scandal erupted.

German court ruling clears the way to settle VW diesel cases

KARLSRUHE, Germany (AP) — A German court has ruled that Volkswagen must buy back cars from owners of its diesel cars equipped with software that evaded emissions testing — but consumers must accept the current value of the car based on the mileage they drove since buying it, not the purchase price.Volkswagen said the decision announced Monday would clear the way for settlement of remaining consumer claims in Germany. The decision affects some 60,000 individual claims brought by car owners there; around 262,000 others have already been covered by an 830 million-euro ($904 million) class-action settlement.“For the majority of the 60,000 pending cases, this ruling provides clarity,” the company said in a statement.

German court ruling clears the way to settle VW diesel cases

KARLSRUHE, Germany — A German court has ruled that Volkswagen must buy back cars from owners of its diesel cars equipped with software that evaded emissions testing — but consumers must accept the . . .

Despite coronavirus outbreak, Nigeria’s economy grew by 1.87% in Q1

Nigeria’s Gross Domestic Product (GDP) grew by 1.87% on a year-on-year basis in the first quarter of 2020 despite many economic contractions around the world, a new by National Bureau of Statistics report has shown. The performance recorded represented a contraction of 0.23 per cent compared to Q1 2019 and a contraction of 0.68 per […]

Slump in consumption, exports push Germany into recession in Q1

BERLIN, May 25 — A slump in capital investments, private consumption and exports pushed the German economy into a recession in the first quarter, detailed data showed today, giving a glimpse of the damage caused by the coronavirus pandemic. The Federal Statistics Office said capital investments...

Nigeria’s economy grew in first quarter 2020 amidst global crisis

Amid global health and economic crises, Nigeria’s economic grew in the first quarter of 2020 by 1.87 per cent, the National Bureau of Statistics (NBS)

Slump in consumption, exports push Germany into recession in first quarter

Slump in consumption, exports push Germany into recession in first quarter

Nigeria’s GDP rises by 1.87% in Q1 2020

Nike Popoola In the first quarter of 2020, Nigeria’s Gross Domestic Product grew by 1.87 per cent (year-on-year) in real terms. The National Bureau of Statistics revealed in ‘Nigeria’s Gross ...

Nigeria's GDP grew by 1.87 per cent in Q1 - The Nation Nigeria

The National Bureau of Statistics (NBS) has said that the First Quarter of 2020, Nigeria's Gross Domestic Product (GDP) grew by 1.87 per...

Nigeria’s economic growth slows to 1.87% in Q1’2020

Nigeria recorded a lower GDP or economic growth of 1.87 percent, year-on-year, in the first quarter of the year (Q1’2020).

German activity picks up, can't escape official recession

FRANKFURT — A key indicator of German business outlooks bounced upward in May as more businesses and activities re-opened — but the index remained far below normal readings as Germany faced a long journey toward full recovery from the coronavirus downturn. Revised official figures released separately Monday showed the economy has now recorded two straight …

German activity picks up, can’t escape official recession

FRANKFURT, Germany (AP) — A key indicator of German business outlooks bounced upward in May as more businesses and activities re-opened — but the index remained far below normal readings...

Slump in consumption, exports push Germany into recession in Q1

The Federal Statistics Office said capital investments fell by 6.9 percent, private consumption by 3.2 percent and exports by 3.1 percent between January and March compared with the last three months of 2019.

Nigeria’s GDP expands by 1.87% amid global challenges

The non-oil sector contributed 90.50% to the nation’s GDP in the first quarter of 2020, less than the 90.78% in the first quarter of 2019

Slump in consumption, exports push Germany into recession in Q1

A slump in capital investments, private consumption and exports pushed the German economy into a recession in the first quarter, detailed data showed on Monday, giving a glimpse of the damage caused by the coronavirus pandemic.

German business morale rebounds in May as corona restrictions are eased

The Ifo institute said its May survey showed that its business climate index rose to 79.5 from a downwardly revised 74.2 in April. A Reuters poll of economists had pointed to a reading of 78.3.

Nigeria's economy grows by 1.8% in first quarter of 2020

It is the slowest quarterly growth rate in one-and-a-half years, and comes as Nigeria has still not recovered from a 2016 recession that sent more than 13 million people into unemployment.

Nigeria’s economy expands 1.87% y/y in Q1

Expected recession could be worst in 40 years -World Bank.

‘Bharti Telecom to sell 2.75% stake in Airtel to raise $1 billion’

The block deal will be conducted by JP Morgan India at around Rs 558 per share, close to 6 per cent discount to the closing price of Rs 593.20 on May 22 on the NSE.

Bharti to sell 2.75% stake in Airtel for $1bn, reduce debt

India Business News: Bharti Telecom, the Indian promoter of telco major Bharti Airtel, is set to sell a stake of up to 2.75% in the mobile services provider through block

Bharti Airtel promoter to raise USD 1 billion through equity: Sources

Bharti Airtel promoter firm Bharti Telecom plans to raise USD 1 billion through equity sale to become debt free, according to a source aware of the development.

Bharti Telecom to sell $1 bn stake in Airtel through block deal

IANS New Delhi Bharti Telecom is selling upto $1 billion of its shares in Bharti Airtel through a secondary market block deal on Tuesday. Bharti Teleco

Bharti Airtel promoter to raise $1 billion to become debt free

Bharti Telecom has roped in JP Morgan for the raising USD 1 billion by selling 150 million equity shares at a price of Rs 558 per cent per unit

Bharti Telecom to sell $1 bn stake in Airtel through block deal

Bharti Airtel promoter to raise USD 1 billion through equity

Promoter to sell 2.75% stake worth $1 bn in Bharti Airtel via block deals

Shares are being offered to large investors at 6 per cent discount to March 22 closing price of Rs 593; Mittal company joins top Indian companies in raising funds

Bharti Telecom to sell $1 bn stake in Airtel

 Bharti Telecom is selling upto $1 billion of its shares in Bharti Airtel through a secondary market block deal on Tuesday.

Bharti Airtel promoter to raise $1 billion through equity: Sources

Bharti Airtel promoter firm Bharti Telecom plans to raise USD 1 billion through equity sale to become debt-free, according to a source aware of the development. The promoter firm Bharti Telecom plans

Bharti Telecom to raise ₹7,600 cr through block sale of Airtel shares

Promoters plan to sell 2.75% stake

Bharti Airtel parent eyes $1 bn from stake sale to pay off loans

Move to help telco clean up debt overhang as promoter debt also impacts ratings

Bharti Airtel Promoter Said To Plan $1 Billion Fundraising To Become Debt Free

Bharti Telecom plans to sell 2.75% equity stake, equivalent to 150 million shares, at a floor price of Rs 558 apiece.

Air Canada’s takeover deal for Transat faces intense scrutiny from EU antitrust watchdog

European Commission says deal could significantly reduce competition on many routes, echoing concerns of Canada’s Competition Bureau

Transat extends Air Canada takeover timing following European regulatory review

TORONTO — Transat AT has extended the timing of its acquisition by Air Canada after European regulators launched an in-depth investigation into the deal over concerns it may reduce competition and result in higher prices.

Air Canada, Transat deal faces intense EU antitrust scrutiny

BRUSSELS (Reuters) - Air Canada’s (AC.TO) bid for Canadian tour operator Transat AT Inc (TRZ.TO) may result in higher prices and less choice for flights between Europe and Canada, EU antitrust regulators said on Monday as they opened a full-scale investigation into the deal.

Air Canada, Transat deal faces intense EU antitrust scrutiny

Air Canada, Transat deal faces intense EU antitrust scrutiny

Transat extends Air Canada takeover timing following European regulatory review

In a news release on Monday, European authorities expressed concern over a decrease in competition on 33 routes between Canada and Europe.

Air Canada’s Bid for Transat Gets Extended EU Merger Probe

Air Canada’s bid for tour operator Transat A.T. Inc. faces an extended probe from European Union regulators who said the deal may hamper competition by combining the two biggest airlines linking Europe and Canada.

European regulators to take closer look at Air Canada-Transat deal

TORONTO — European regulators are launching an in-depth investigation into Air Canada's deal to buy travel company Transat AT amid European Commission concerns the deal may reduce competition and result in higher prices.

European regulators to take closer look at Air Canada-Transat deal

In a news release on Monday, European authorities expressed concern over a decrease in competition on 33 routes between Canada and Europe.

Air Canada, Transat deal faces intense EU antitrust scrutiny

Air Canada's bid for Canadian tour operator Transat AT Inc may result in higher prices and less choice for flights between Europe and Canada, EU ...

AC-Transat deal scrutinized

European regulators are launching an in-depth investigation into Air Canada's deal to buy travel company Transat AT amid European Commission concerns the deal may reduce competition and result in higher prices.

Bayer Reaches Deals on Big Share of 125,000 Roundup Weedkiller Suits

Bayer AG has reached verbal agreements to resolve a substantial portion of an estimated 125,000 U.S. cancer lawsuits over use of its Roundup weedkiller, according to people familiar with the negotiations.

Bayer says it makes progress in settlement talks over weedkiller

Bayer shares rose sharply on May 25, 2020, after reports it was close to a mass deal with American plaintiffs who claim that the company’s glyphosate-based Roundup weedkiller causes cancer

Bayer reaches deals on big share of 125,000 roundup weedkiller suits

Bayer AG has reached verbal agreements to resolve a substantial portion of an estimated 125,000 U.S. cancer lawsuits over use of its Roundup weedkiller, according to people familiar with the negotiations.

Bayer says it makes progress in settlement talks over weedkiller

FRANKFURT (Reuters) - Bayer said on Monday it had made progress seeking a settlement over claims its glyphosate-based Roundup weedkiller causes cancer, after Bloomberg reported the company reached a verbal agreement on about 50,000 to 85,000 cases.

Bayer reaches agreement in 125,000 US cancer lawsuits

Pharmaceutical giant reportedly does deal to end inherited costly legal battle

Bayer says it makes progress in settlement talks over weedkiller

Bayer said on Monday it had made progress seeking a settlement over claims its glyphosate-based Roundup weedkiller causes cancer, after Bloomberg reported the company reached a verbal agreement on about 50,000 to 85,000 cases. In April, Bayer's management regained shareholder support for its handling

Bayer said to settle up to 125k cancer legal cases in US involving Roundup weed killer

Bayer has reached verbal agreements to resolve a substantial portion of an estimated 125,000 US cancer lawsuits over use of its Roundup weedkiller, according to people familiar with the negotiations.

Bayer has verbal agreement with some glyphosate claimants- Bloomberg

FRANKFURT — Bayer said on Monday it had made progress seeking a settlement over claims its glyphosate-based Roundup weedkiller causes cancer, after Bloomberg reported the company reached a verbal agreement on about 50,000 to 85,000 cases.

Virtual Reserve Bank cash cut lowers rates

A virtual easing of monetary policy by the Reserve Bank – which has allowed money market rates to fall to almost half the official 0.25 per cent target – is helping lenders reduce mortgage rates to record low levels.

Kotak Bank cuts savings rate to 3.5% for up to Rs 1 lakh balance

This is the lender’s second cut to the savings rate in as many months and brings its interest rate on savings accounts at par with that of the much larger Punjab National Bank (PNB).

Kotak Mahindra Bank slashes interest 0.50% rate on savings deposits

Private sector lender Kotak Mahindra Bank (KMB) on Monday slashed the interest rate on savings deposits by a further 0.50 percent. The bank has cut rates twice last month on its deposit rate offering on the savings accounts.

Short-term rates fall by 30 bps, ease working cap stress

Corporate bond yields dipped 10-25 bps while CP rates plunged up to 20-30 bps lower than levels seen earlier before the impromptu central bank policy announcement last week, dealers said.

Kotak Mahindra Bank cuts interest rate by 0.50% on savings deposits

Private sector lender Kotak Mahindra Bank (KMB) on Monday slashed the interest rate on savings deposits by a further 0.50 per cent. The bank has cut rates twice last month on its deposit rate offering

JobKeeper blunder may have forced up debt costs by $180m

The Morrison government may have overpaid in a bond market that was anticipating a $130 billion JobKeeper program.

Banks continue to lend less even as deposit growth improves, credit growth now at  mere 6.5%

Risk-averse banks have continued to lend less and less to customers despite the double-digit growth seen by bank deposits.

Teachers Mutual chalks up 300 per cent increase in mortgage deals

Teachers and emergency service workers are refinancing and borrowing to buy homes.

Before You Take an Early Retirement Plan Withdrawal Because of COVID-19, Do This

The CARES Act allows for penalty-free retirement plan withdrawals. But it pays to explore other options before raiding your IRA or 401(k).

Pandemic personal finance update finale: A 10-point checklist of things you should have done by now to protect or improve your money situation

This tenth, and last, instalment of the Pandemic Personal Finance Update will look at 10 steps to guard your financial well-being

Avoid low-interest COVID-19 personal loans, unless strapped for cash

This is the time to utilize your emergency fund. If you don’t have one, partially use investments meant for your long-term goals

For hard-pressed savers, it's like setting your banknotes alight . . .

Do you know the difference between saving and investing? One means you are probably losing money, the other means you could be gaining.

What To Do When Your Employer Cuts Your 401k Matching

Even many Americans that still have jobs are seeing pay and benefit cuts. 401k matching is often one of the first things on the chopping block. If your employer

Want to buy car or bike for social distancing? These points will guide you

A recent survey by Capgemini’s Research Institute shows that 57 per cent of Indian consumers are considering a car purchase to avoid future public transport.

2 Social Security Moves That Can Protect Your Retirement From Future Benefit Cuts

Social Security cuts may be on the horizon, but you can still safeguard your retirement.

New rules of personal finance: How COVID has changed income, spending, saving, investing

In the new world, across segments, income has vanished, reduced or has settled at a new low. The risk to income means families have learned to cut back on spending. Saving and investing are in the background as activities that represent a forgotten luxury.

Skilling To Brace Up For The Post Covid-19 World

As life limps back to a new normal, we cannot ignore the transformation that we will have to embrace, with no option but to prepare ourselves for the change

4 Global Perspectives On The Coronavirus

I've been quite impressed how through this crisis Chinese clients and regulators have remained incredibly keen to engage. We've honestly never seen this speed o

How do we remain relevant in the work place?

Even though the employers might not even know exactly what you need to do to meet their expectation, they definitely know when the job has been done well.

Five Questions with… Pathlight CEO Alex Kvamme

Every Monday we fire 5 questions at the leader of a B2B technology company that has piqued our interest. In the spotlight today, Pathlight CEO Alex Kvamme.

Impact of COVID-19: Rethinking The Business Of Fashion

“Fashion is part of the daily air and it changes all the time, with all the events. You can even see the approaching of a revolution in clothes. You can see and feel everything in clothes.” —Diana Vreeland The coronavirus outbreak is first and foremost a human tragedy, affecting hundreds of thousands of people. It […]

Our universities need to change for an as yet unimagined future

South Africa needs to build national capacity for an economy that needs skills that are radical and complex. In order to facilitate this, we need to ‘decolumnise’ campuses from the grand colosseums to a vibrant, insightful, smart network of decentralised partners.

COVID-19 Economic Recovery: 'Our Companies Will Do as Well as Russia Does', Says AmCham Russia CEO

As most businesses headquartered in Moscow, including foreign firms, remain on COVID-19 lockdown, the American Chamber of Commerce in Russia has moved most of its...

Seven questions with Stuart Welch

Alphinity's Stuart Welch talks about why Cochlear has been disproportionately hurt during COVID-19, and why he prefers Transurban to Sydney Airport.

Coronavirus effect: 40% travel, tourism companies may shut down in 3-6 months, says report

"The travel and tourism sector is going through a very bad phase. It has taken a severe beating due to the COVID-19 outbreak with lakhs of people dependent on it suffering immense losses and job cuts," the report said

Lockdown impact: Tourism companies staring at complete shutdown, seek government aid

The survey report further revealed that 38.6 per cent travel companies are going for job cuts and another 37.6 per cent of the companies are considering the option with uncertainty looming large.

40% travel, tourism firms staring at complete shutdown risk in next 3-6 months: Report

The report said that 81% travel and tourism companies have lost their revenue up to 100% while 15% of the companies have witnessed it slide up to 75%

40% tourism firms staring at complete shutdown risk in next 6 mnths: Report

The report said that 81 per cent travel and tourism companies have lost their revenue up to 100 per cent

Coronavirus devastates travel, tourism! 40% firms staring at complete shutdown risk in next 3-6 months, says report

About 49 per cent are deferring their capital expenditures and interestingly, 41.6 per cent companies are introducing new services.

40% travel, tourism firm staring at complete shutdown risk in next 3-6 months: Report

Around 40 per cent companies operating in the travel and tourism sector are staring at the risk of complete shutdown over the next 3 to 6 months, says a

40% travel, tourism firm staring at complete shutdown risk in next 3-6 months: Report

The report said that 81 percent travel and tourism companies have lost their revenue up to 100 percent while 15 percent of the companies have witnessed it slide up to 75 percent.

Suzuki Motor resumes production at Gujarat plant after two months

SMG had suspended production at the Hansalpur (Gujarat) plant on March 23 to check the spread of coronavirus

Suzuki Motor resumes production at Gujarat plant

Suzuki Motor Gujarat (SMG) manufactures cars on a contract basis for Maruti Suzuki India (MSI).

Suzuki Motor Resumes Production At Gujarat Plant

The facility rolls out two models, Baleno and Swift and currently has an installed production capacity of 5 lakh units per annum.

Suzuki Motor resumes production at Gujarat plant

Suzuki Motor Gujarat had suspended production at the Hansalpur (Gujarat) plant on March 23 to check the spread of COVID-19. The facility, which rolls out two models, Baleno and Swift, currently has an installed production capacity of 5 lakh units per annum.

Coronavirus lockdown: Maruti Suzuki resumes manufacturing at Gujarat plant

SMG had suspended production at the Hansalpur (Gujarat) plant on March 23 to check the spread of COVID-19

Suzuki Motor resumes production at Gujarat plant

Maruti Suzuki India (MSI) on Monday said Suzuki Motor Gujarat has resumed manufacturing operations after having suspended work for over two months due to coronavirus lockdown. Suzuki Motor Gujarat

Suzuki Motor resumes production at Gujarat plant

Suzuki Motor Gujarat manufactures cars on a contract basis for Maruti Suzuki India

CBIC clears Rs 11,052 cr GST refund claims since April 8

Refunds have been sanctioned while ensuring work from home, it added. The finance ministry had on April 8 said that to provide relief during COVID-19 it has been decided to issue all pending GST and custom refunds which would benefit around 1 lakh business entities, including MSME.

CBIC clears Rs 11,052 crore GST refund claims since April 8

In a tweet, the CBIC said it is "committed to ensuring liquidity to GST taxpayers especially MSME sectors during the lockdown".

CBIC clears Rs 11,052 cr GST refund claims since April 8

The CBIC had earlier asked its field officers to avoid asking for physical submission of documents from entities who are claiming GST and Customs refunds and instead use official email for all communication.

CBIC clears Rs 11,052 crore GST refund claims since April 8

India Business News: The Central Board of Indirect Taxes (CBIC) on Monday said it has sanctioned GST refund claims worth Rs 11,052 crore in 47 days. In a tweet, the CBIC s

CBIC clears Rs 11,052 crore GST refund claims since Apr 8 to benefit MSMEs

he finance ministry had on April 8 said that to provide relief during the cor it has been decided to issue all pending GST and custom refunds

CBIC clears Rs 11,052 crore GST refund claims since April 8

The finance ministry had on April 8 said that to provide relief during COVID-19 it has been decided to issue all pending GST and custom refunds which would benefit around 1 lakh business entities, including MSME.

GST refund: CBIC clears Rs 11,052 crore claims

Coronavirus impact: IDFC First Bank's senior management to take 10% pay cut

The bank's chief executive officer (CEO) V Vaidyanathan is taking a 30 per cent cut, including fixed and allowances

COVID-19 impact: IDFC FIRST Bank's senior management takes pay cut

IDFC FIRST Bank’s senior management takes 10% pay cut

IANS New Delhi IDFC FIRST Bank’s senior management has volunteered to take a 10 per cent pay cut for the financial year 2020-21 amid the coronavirus cri

IDFC First Bank senior management takes 10% pay cut

Private sector IDFC First Bank on Monday said its senior management has voluntarily taken pay cut of 10 per cent due to coronavirus pandemic, while the CEO offered to surrender as much as 30 per cent of his salary.

Coronavirus impact: IDFC First Bank senior management takes 10% pay cut; CEO 30%

The bank has also paid 100 percent variable pay to 78.2 percent of employees for the period pertaining to 2019-20 despite the arrival of the pandemic, IDFC First Bank said.

IDFC First Bank’s senior management takes 10 per cent pay cut in FY21

With economic uncertainty due the national lockdown, IDFC First Bank announced on Monday that its senior management has volunteered to take a 10 per cent cut in compensation in the current fiscal.The

IDFC First Bank seniors to forgo 65% of bonus amid Covid-19 crisis

V Vaidyanathan, managing director and chief executive, will take 30 per cent cut in his compensation, including fixed compensation as well as all allowances.

Flash Australia PMI Signals A Further Slump In Business Activity During May

Flash Australia PMI at 26.4, signalling another steep decline in business activity. Slumping demand accompanies the fall in output. Job losses continue at marke

German business expectations pick up as lockdown is lifted

Monthly survey finds improving outlook despite pessimism over current effect of pandemic

European consumers stockpile savings, adding to economic drag

Bank deposits surge as households seek to shield themselves from impact of coronavirus

Flash PMI Shows Japan On Course For Record Downturn In Second Quarter

Flash Japan PMI remained well below 50 in May, indicating a further sharp drop in output. Job losses intensified as firms face steep falls in sales. Export orde

German Businesses Bet on Gradual Rebound From Virus Hit

German businesses are counting on an improvement in the economy in the second half after the coronavirus pandemic depressed private spending and investment and plunged the economy into a recession.Companies surveyed by Ifo showed cautious optimism in May, with a gauge of expectations rising after the previous month’s plunge. A full-fledged recovery though is still a long way off as consumers wary of infections keep away from shops and restaurants, and firms struggling with subdued demand cut jobs.

To consumers, Malaysia’s CPI deflation a sign of pandemic hardship

KUALA LUMPUR, May 26 — To economists, the sharp plunge in April’s consumer price index was hardly a surprise. The nation was under a partial lockdown for that entire month; businesses shut down and demand plunged. But consumers saw the deflation as a telling sign of something far more...

Europeans Save Less, Spend More As Economy Lags

European consumers are saving more to safeguard against the pandemic economy, which analysts say will hinder economic recovery.

USD/JPY clings to gains near 50-day SMA, bulls await a move beyond 108.00 mark

The USD/JPY pair edged higher on Monday and was last seen trading near the top end of its daily trading range, around the 107.70-75 region. The pair m

USD/CHF surrenders early gains to 1-week tops, still comfortably above 0.9700

The USD/CHF pair struggled to capitalize on its early uptick to one-week tops and now seemed headed back to the lower end of its daily trading range.

AUD/USD turns negative for the day, refreshes daily low near 0.6520 area

The AUD/USD pair struggled to capitalize on the early uptick to mid-0.6500s and has now dropped to the lower end of its daily trading range. Having fo

Gold trades with modest losses, holds above $1722 support zone

Gold met with some fresh supply on Monday, albeit lacked any strong follow-through selling and was last seen trading with only modest losses, just bel

GBP/USD clings to modest gains, bulls await a move beyond 1.2200 mark

The GBP/USD pair edged higher through the early North American session and was last seen trading near the top end of its daily trading range, just bel

USD/CAD remains confined in range below 1.40 mark

The USD/CAD pair lacked any firm directional bias and was seen oscillating in a narrow trading band, around the key 1.40 psychological mark through th

Pound Sterling Price News and Forecast: GBP/USD looking to the upside

At the end of last week, the GBP/USD exchange rate consolidated at 1.2180. During Monday morning, the rate maintained its consolidation. Note that the

Use pandemic to stop brain drain, MPs told, as payments for CERB top $40 billion

The federal government should use the COVID-19 pandemic to reverse a brain drain of top tech talent south of the border, a House of Commons committee heard Monday, alongside warnings that companies would leave Canada if taxes go up to pay for massive deficits.

Use pandemic to stop brain drain, MPs told, as payments for CERB top $40 billion

OTTAWA - The federal government should use the COVID-19 pandemic to reverse a brain drain of top tech talent south of the border, a House of Commons committ

Use pandemic to stop brain drain, MPs told, as payments for CERB top $40 billion

The federal government should use the COVID-19 pandemic to reverse a brain drain of top tech talent south of the border, a House of Commons committee heard Monday.

Payments for CERB top $40-billion as feds open doors for commercial rent help

Landlords with up to 10 eligible tenants located in Atlantic Canada, British Columbia, Alberta or Quebec could apply online Monday

Use pandemic to stop brain drain, MPs told, as payments for CERB top $40 billion

OTTAWA — The federal government should use the COVID-19 pandemic to reverse a brain drain of top tech talent south of the border, a House of Commons committee heard Monday, alongside warnings that . . .

Use pandemic to stop brain drain, MPs told, as payments for CERB top $40 billion

OTTAWA — The federal government should use the COVID-19 pandemic to reverse a brain drain of top tech talent south of the border, a House of Commons committee heard Monday, alongside warnings that companies would leave Canada if taxes go up to pay fo

EU parliament may block fund unless it has grants which do not need to be repaid

Its president says it will block the fund proposed to stem the economic damage of coronavirus unless it is sufficiently ‘ambitious’

Factbox: EU recovery fund - the battle lines

BRUSSELS (Reuters) - The European Commission will issue on Wednesday a new proposal for a long-term European Union budget and a coronavirus recovery fund to help economies in the bloc rebound from recession.

Brussels looks to new taxes to pay off pandemic recovery debt

Corporate and green levies could help raise money for EU borrowing if member states agree

The Guardian view on Europe and Covid-19: time for true solidarity

Editorial: A €500bn recovery fund proposed by Angela Merkel and Emmanuel Macron, to be distributed to the worst-hit EU countries, could be a breakthrough moment

Italy’s EU minister to Commission: Be ambitious with corona recovery fund

Enzo Amendola doesn’t want to see a compromise between France and Germany and the so-called frugal four.

EU’s Von der Leyen to begin ‘trillion-euro’ recovery battle

BRUSSELS, May 25 — European Union chief Ursula von der Leyen will on Wednesday unveil a trillion-euro post-coronavirus recovery plan that she hopes will point the way to compromise between warring capitals. The EU has plunged into its deepest ever recession and pressure is mounting to unleash...

Nissan-Renault-Mitsubishi ties more crucial than ever as pandemic rocks carmakers

Revising their strategies this week, the firms will at least have the opportunity to show progress in moving beyond last year’s management paralysis.

Nissan and Renault shelve merger plans to repair their alliance, say sources

NEW YORK, May 26 — Renault and Nissan have shelved plans to push towards the full merger former leader Carlos Ghosn craved and will instead fix their troubled alliance to try to recover from the coronavirus pandemic, five senior sources told Reuters. Nissan has long resisted Renault’s proposals...

Nissan and Renault shelve merger plans to repair their alliance - sources

Renault and Nissan have shelved plans to push towards the full merger former leader Carlos Ghosn craved and will instead fix their troubled alliance to try to recover from the coronavirus pandemic, five senior sources told Reuters.

Nissan and Renault shelve merger plans to repair their alliance: sources

Nissan and Renault shelve merger plans to repair their alliance: sources

Macron Set to Unveil Aid for Embattled French Auto Industry

French President Emmanuel Macron is set to announce measures to support the auto industry before other European governments, highlighting the crucial role the sector plays in the economy and how hard it has been hit by the coronavirus pandemic.

Renault must join French-German battery project: minister

Paris: Renault will have to join a French-German project developing batteries in order to receive a five billion euro ($5.4 billion) government rescue loan, Finance Minister Bruno Le Maire said Monday.

CEO buys struggling New Zealand media company for $1

WELLINGTON, New Zealand — One of New Zealand’s largest media organizations will be sold for a single dollar to its chief executive, the owners announced Monday.

New Zealand's largest media company being sold for just $1 to its CEO

Stuff faced financial challenges before the coronavirus pandemic struck and has since seen advertising revenues plunge

One of New Zealand's largest media organisations is being sold for just $1

The organization Stuff prints many of the nation's daily newspapers and runs a popular news website of the same name. It employs about 900 staff, including 400 journalists. Owned by Australia's Nine Entertainment, Stuff faced financial challenges before the coronavirus pandemic struck and has since seen advertising revenues plunge.

New Zealand's media firm Stuff to be sold for a single dollar to its CEO

The organization Stuff prints many of the nation's daily newspapers and runs a popular news website of the same name. It employs about 900 staff, including 400 journalists

CEO buys struggling New Zealand media company for $1

The organization Stuff prints many of the nation’s daily newspapers and runs a popular news website of the same name. It employs about 900 staff, including 400 journalists.

CEO buying struggling New Zealand media company for NZ$1

One of New Zealand's largest media organizations is being sold for a single dollar to its chief executive, the owners announced Monday.

Directors get six-month reprieve on disclosure

Companies providing profit guidance will be relieved from continuous disclosure rules for the next six months, because of the economic uncertainty fuelled by the coronavirus.

Frydenberg’s changes to shareholder class actions smack of ‘cronyism’, lawyers say

The move has been made using emergency Covid-19 powers and favours company directors, they say

Frydenberg moves to shield boards from class action lawsuits

Directors will be relieved from strict obligations to keep investors updated after the Morrison government eased disclosure rules to shield boards from lawsuits.

Frydenberg moves to shield boards from class action lawsuits

Directors will be relieved from strict obligations to keep investors updated after the Morrison government eased disclosure rules to shield boards from lawsuits.

Frydenberg moves to shield boards from class action lawsuits

Directors will be relieved from strict obligations to keep investors updated after the Morrison government eased disclosure rules to shield boards from lawsuits.

Australia gives companies a six-month break from earnings forecasts

Australia gives companies a six-month break from earnings forecasts

Major pharma companies rejected a 2017 EU proposal that could let vaccines for viruses like the coronavirus be developed before an outbreak, Business Insider - Business Insider Singapore

Business Insider - Representatives of a group including GlaxoSmithKline, Pfizer, and Johnson & Johnson are on the body that rejected the proposal, The Guardian reported.. Read more at businessinsider.sg

Major pharma companies rejected a 2017 EU proposal that could let vaccines for viruses like the coronavirus be developed before an outbreak

The world’s biggest pharmaceutical companies blocked a 2017 EU proposal that could allow vaccines against viruses like the novel coronavirus to be developed before an outbreak begins, The Guardian reported.

Major pharma companies rejected a 2017 EU proposal that could let vaccines for viruses like the coronavirus be developed before an outbreak

Representatives of a group including GlaxoSmithKline, Pfizer, and Johnson & Johnson are on the body that rejected the proposal, The Guardian reported.

Major pharma companies rejected a 2017 EU proposal that could let vaccines for viruses like the coronavirus be developed before an outbreak

A 2017 proposal that would speed up vaccine production in the EU was blocked by major pharmaceutical companies, The Guardian reported .

Pharma Giants Reportedly Rejected EU Proposal to Speed Up Vaccine Development in 2017

In mid-May, the European Medicines Agency suggested that a vaccine against the coronavirus could be approved in approximately a year. The forecast followed a World...

Big Pharma rejected vaccine prep efforts, watchdogs say

NGOs say industry’s rejection of a Commission-funded effort to speed vaccine approvals represents broader problems with the Innovative Medicines Initiative.

As edible oils pact with Malaysia, Indonesia ends, India should now hike import duties: SEA

The Solvent Extractors Association of India (SEA) also urged the government to ban the import of refined palm oils or palmolien in order to encourage domestic production.

As edible oils pact with Malaysia, Indonesia ends, India should now hike import duties: SEA

The Solvent Extractors Association of India (SEA) also urged the government to ban the import of refined palm oils or palmolien in order to encourage domestic production.

As edible oils pact with Malaysia, Indonesia ends, India should now hike import duties: SEA

The Solvent Extractors Association of India (SEA) also urged the government to ban the import of refined palm oils or palmolien in order to encourage domestic production. These are some of the short-term measures the trade body has submitted to the government for making India self-sufficient in edible oils.

Time to hike edible oil import duties: SEA

As India’s 2010 pact with Malaysia and Indonesia came to an end, the Solvent Extractors Association of India (SEA) on Monday said the government should hike Customs duty on soya, sunflower and crude p

As edible oils pact with Malaysia, Indonesia ends, India should now hike import duties: SEA

Among long term measures, SEA has suggested the government to encourage Punjab and Haryana farmers to divert land to corn or sunflower in kharif season and mustard in rabi season.

GBP/USD Price Analysis: The upside is likely to remain capped near 1.2200 confluence hurdle

The GBP/USD pair gained some positive traction on Monday and for now, seems to have snapped three consecutive days of winning streak. The pair refresh

USD/JPY Price Analysis: Sticks to modest gains near 50-day SMA, around 107.70 region

The USD/JPY pair held on its modest daily gains through the early North American session and was last seen trading near the top end of its daily tradi

EUR/GBP Price Analysis: Remains confined in a range near mid-0.8900s

The EUR/GBP cross continued with its struggle for a firm near-term direction and remained confined well within a one-week-old narrow trading band arou

EUR/USD Price Analysis: Flat-lined below 1.0900 mark amid holiday-thinned liquidity

The EUR/USD pair lacked any firm directional bias and seesawed between tepid gains/minor losses through the early North American session on Monday. Th

Gold Price Analysis: Trades with modest losses, downside seems limited

Gold traded with a mild negative bias through the mid-European session amid the prevalent risk-on mood, albeit has managed to defend the $1722 horizon

Prices of Japanese premium melons plunge amid coronavirus outbreak

A pair of premium Japanese melons sold Monday for just a slice of the five million yen (US$46,000) reached at auction last year, as the ...

Melon-aires not required as Japan premium fruit prices plunge

A pair of premium Japanese melons sold Monday for just a slice of the five million yen ($46,000) reached at auction last year, as the coronavirus bites hard.

Price of premium melons plunges

A pair of premium Japanese melons sold Monday for just a slice of the five million yen reached at auction last year, as the coronavirus bites hard. The melons from Yubari on the northern island of Hokkaido sold for a snip at 120,000 yen at the season's first auction --…

Melon-aires not required as Japan premium fruit prices plunge

TOKYO, May 25 — A pair of premium Japanese melons sold today for just a slice of the ¥5 million (RM200,720) reached at auction last year, as the coronavirus bites hard. The melons from Yubari on the northern island of Hokkaido sold for a snip at ¥120,000 at the season’s first auction — 40...

Melon-aires not required as Japan premium fruit prices plunge

Tokyo: A pair of premium Japanese melons sold Monday for just a slice of the five million yen ($46,000) reached at auction last year, as the coronavirus bites hard.

Air Canada CEO's pay halved

Air Canada CEO Calin Rovinescu was on track to receive around $12.9 million in total compensation last year, but the value fell by more than half as the airline's shares stalled due to the COVID-19 pandemic.

Air Canada CEO's compensation cut by over half - to $5.8 million - due to pandemic

Air Canada CEO Calin Rovinescu was on track to receive around $12.9 million in total compensation last year, but the value fell by more than half as the airline's shares stalled due to the COVID-19 pandemic.

Air Canada CEO's compensation cut by more than half to $5.8M due to COVID-19

MONTREAL — Air Canada CEO Calin Rovinescu was on track to receive around $12.9 million in total compensation last year, but the value fell by more than half as the airline’s shares stalled due to the COVID-19 pandemic.

Air Canada CEO's compensation cut by more than half to $5.8M due to COVID-19

MONTREAL — Air Canada CEO Calin Rovinescu was on track to receive around $12.9 million in total compensation last year, but the value fell by more than half as the airline's shares stalled due to the COVID-19 pandemic.

Air Canada CEO’s compensation cut by more than half to $5.8 million due to COVID-19

Calin Rovinescu was on track to receive around $12.9 million in total compensation last year

Increased support payments for newly jobless people

The newly jobless due to the Covid-19 crisis will be able to get $490 a week tax-free for 12 weeks. The Government this morning announced the $570...

New payment to support Kiwis through COVID

Hon Grant RobertsonMinister of Finance Hon Carmel SepuloniMinister for Social Development

New payment to support Kiwis through Covid-19

The Government today announced a new temporary payment to support New Zealanders who lose their jobs due to the global COVID-19 pandemic to adjust and find new employment or retrain.

New payment to support Kiwis through COVID - Government

The COVID-19 crisis has had a significant impact on the jobs and livelihoods of New Zealanders.

Covid-19: Minister confirms review of special unemployment payment

Figures show 35,600 people who were receiving the benefit are now returning to work

Dues to MSMEs at Rs 5 lakh cr: Nitin Gadkari

Union Minister Nitin Gadkari on Monday said the government agencies, public sector undertakings and major industries owe an estimated Rs 5 lakh crore in outstanding payments to MSMEs.

Major industries, govt agencies owe about Rs 5 lakh crore in outstanding dues to MSMEs: Nitin Gadkari

Union Minister Nitin Gadkari on Monday said the government agencies, public sector undertakings and major industries owe an estimated Rs 5 lakh crore in outstanding payments to MSMEs.

Major industries, govt agencies owe about Rs 5 lakh crore in outstanding dues to MSMEs: Nitin Gadkari

India Business News: Union minister Nitin Gadkari on Monday said the government agencies, public sector undertakings and major industries owe an estimated Rs 5 lakh crore

PSUs, govt agencies owe Rs 5 trn in outstanding dues to MSMEs: Gadkari

The MSME minister said the Centre has decided that its ministries and public sector undertakings will clear outstanding payments of MSMEs within 45 days

Major industries, govt agencies owe about Rs 5 lakh cr in outstanding dues to MSMEs: Nitin Gadkari

The MSME minister said the Centre has decided that its ministries and public sector undertakings will clear outstanding payments of MSMEs within 45 days.

USD/JPY looks to end day near 107.70 with small gains

The USD/JPY pair is fluctuating in an extremely tight 15-pip range on Monday as US investors enjoy a long-weekend in observance of Memorial Day. As of

AUD/USD pares early losses, registers modest gains near 0.6550

The AUD/USD pair started the week with a small bearish gap but didn't have a hard time erasing its losses with the risk-on environment helping the AUD

NZD/USD fluctuates in tight range near 0.6100

The NZD/USD capitalized on the upbeat market mood last week and gained more than 150 pips. In the absence of significant fundamental drivers at the st

USD/CHF struggles to find direction, trades above 0.9700

The USD/CHF pair is fluctuating in a 30-pip range on Monday amid thin trading conditions. As of writing, the pair was trading in the middle of its thr

Two months of lockdown: Sensex gains 15%, 45 BSE500 stocks rally over 50%

Among largecaps (BSE Sensex), M&M, Reliance Industries, Bharti Airtel, Sun Pharma, Hero MotoCorp and Bajaj Auto gained 32-58 percent, whereas only four stocks were in the red.

Pharma emerges as most preferred sector among MFs

Earnings downgrade in the sector is likely to be the lowest among all sectors.

BSE, NSE shut today on account of Ramzan Id

On May 22, the Sensex ended 260.31 points lower or 0.84 percent at 30,672.59, while Nifty fell 67 points or 0.74 percent at 9,039.25.

Oil price rebound improves investors’ patronage, lifts index by 5.59%

The rebalancing in the oil market, which has resulted in a 94 per cent rebound in crude prices, added to enhanced institutional investors’ patronage in the Nigerian bourse buoyed equities transactions last week, as the All-Share Index...

S&P/TSX composite starts week higher, U.S. stock markets closed for holiday

TORONTO — Canada's main stock index started the trading week by moving higher, fuelled by gains in the financial and industrial sectors. The S&P/TSX composite index was up 94.85 points at 15,008.49. U.S.

TSX starts week higher

Canada's main stock index started the trading week by moving higher, fuelled by gains in the financial and industrial sectors.

S&P/TSX composite index up on broad-based rally, while U.S. stock markets closed

TORONTO — Canada's main stock index posted a triple-digit advance in late-morning trading, fuelled by a broad-based rally on the Toronto Stock Exchange. The S&P/TSX composite index was up 151.79 points at 15,065.43. U.S.

S&P/TSX composite index up on broad-based rally, while U.S. stock markets closed

Canada's main stock index posted a triple-digit advance in late-morning trading, fuelled by a broad-based rally on the Toronto Stock Exchange.

Poundland to open 26 more stores this week

Poundland has said another 26 of its stores which have been closed throughout the coronavirus outbreak are throwing open their doors again.The discount retailer said trade will resume in the stores again this week after 51 shops reopened last week.Poundland said that while it had kept most of its stores open for essential shopping, around 100 were temporarily shut in March.The closed shops were largely where there was another Poundland nearby or where shopping centres found it difficult to remain open, it added.

Poundland to reopen 26 more stores as coronavirus lockdown measures are eased

The discount retailer said that while it had kept most of its stores open for essential shopping, around 100 were temporarily shut in March after the UK was forced into lockdown

Poundland to open 26 more stores this week

The discount retailer said that while it had kept most of its stores open for essential shopping, around 100 were temporarily shut in March.

Poundland to open 26 more stores this week

The discount retailer said that while it had kept most of its stores open for essential shopping, around 100 were temporarily shut in March.

Meet the Aussie money manager who made millions as markets crashed

Father-of-six Nicolas Bryon didn't get much sleep, but it wasn't family duties keeping him up. He was one of a few hedge funds managers around the world who managed to make money in March and April.

Only a Few Hedge Funds Made Money in March and April. Here’s How

Father-of-six Nicolas Bryon didn’t get much sleep in March but it wasn’t family duties keeping him up. As global markets crashed, the Sydney-based hedge-fund manager rose every hour to check on his positions and execute trades.

Meet the Aussie money manager who made millions as markets crashed

Father-of-six Nicolas Bryon didn't get much sleep, but it wasn't family duties keeping him up. He was one of a few hedge funds managers around the world who managed to make money in March and April.

Only a few hedge funds made money in March and April. Here's how.

Successful funds exhibited similar traits: an ability to trade across different geographies or asset classes and a hyper-vigilance towards monitoring positions.

Ethereum’s Macro Bear Structure Strengthens as Analysts Eye a Massive Decline

Ethereum's poor performance against BTC has spilled over into its USD pair as well, causing it to flash some notable signs of weakness.

Bitcoin’s Break Below a Key Level has Opened the Gates for a Move to $5,900

Bitcoin has seen much of its recently incurred technical strength degrade over the past 48 hours, and one analyst is now targeting $5,900

Bitcoin Could Confirm Recent Decline as a “Huge Bear Trap” if It Reclaims $9,200

Analysts are now noting that there is a chance this recent Bitcoin decline marks a “huge bear trap” that could be followed by further upside.

Active Ethereum Wallet Count Has Grown 350% Since 2018; What This Indicates

There is one key data metric suggests that Ethereum has built immense underlying strength over the past couple of years.

EUR/JPY Price Analysis: Euro stays fragile below the 118.00 figure vs. yen

EUR/JPY retraced from the May’s highs while trading above the main SMAs on the four-hour chart. The spot lost some bullish momentum as it is challenging the 11

GBP/JPY Price Analysis: Pound under pressure below the 131.50 level vs. yen

GBP/JPY is trading below the 100 and 200 SMA on the four-hour chart while making lower lows and lower highs which is the hallmark of a bear trend. The currency

USD/CAD Price Analysis: Greenback remains weak vs. Canadian dollar

USD/CAD is trading below the main SMAs on the four-hour chart as bears are keeping the market below the 1.4000 figure at the start of the new trading week. Mor

AUD/USD Asia Price Forecast: Aussie eyeing the May’s eyes, trades near 0.6550 level

AUD/USD consolidates the recent gains while off the May’s highs. The aussie is trading just below the 0.6550 resistance and above the main SMAs while the bias

5 economic statistics that show the financial devastation of the pandemic for average Americans

The coronavirus pandemic has plunged the US into its worst recession in nearly a century with millions of people suffering job losses.

5 economic statistics that show the financial devastation of the pandemic for average Americans

The coronavirus pandemic has thrown America into it’s worst economic downturn since the Great Depression nearly a century ago.

5 economic statistics that show the financial devastation of the pandemic for average Americans, Business Insider - Business Insider Singapore

Business Insider - The coronavirus pandemic has plunged the US into its worst recession in nearly a century with millions of people suffering job losses.. Read more at businessinsider.sg

5 economic statistics that show the financial devastation of the pandemic for average Americans

The coronavirus pandemic has plunged the US into its worst recession in nearly a century with millions of people suffering job losses.

The workers that make your food put their lives on the line during pandemic. Whether they're protected now is up to you.

The American food supply chain relies on people working low-paying jobs that put them at risk for harassment, injury, and even death.

The workers that make your food put their lives on the line during pandemic. Whether they’re protected now is up to you.

“Every day we risk our health and the health of our family that await us at home,” said Nelson Santiago.

The workers that make your food put their lives on the line during pandemic. Whether they're protected now is up to you.

The American food supply chain from meat processing plants to fast-food chains relies on people working low-paying jobs that put them at risk for harassment, injury, and even death.

The workers that make your food put their lives on the line during pandemic. Whether they're protected now is up to you., Business Insider - Business Insider Singapore

Business Insider - The American food supply chain relies on people working low-paying jobs that put them at risk for harassment, injury, and even death.. Read more at businessinsider.sg

Sun rises for ITC's aggressive acquisitions

ITC's acquisition of Sunrise is its biggest deal in the past two decades and shows company's readiness for inorganic growth to meet the turnover target of Rs 1 lakh crore for its non-cigarettes FMCG business by 2030

ITC Spice Business To Strengthen With Acquisition of Spice-Maker Sunrise Foods

ITC has entered into a share purchase agreement to acquire 100 per cent of the equity share capital of Kolkata based spice maker Sunrise Foods Pvt Ltd.

ITC to acquire spices maker Sunrise Foods for estimated Rs 1,800-2,000 crore

The company said it has signed a share purchase agreement (SPA) with Sunrise Foods Private Ltd (SFPL) which will augment its product portfolio and is also aligned to its aspiration to significantly scale up its spices business and expand its footprint across the country.

How the Sunrise Foods buy spices up business for ITC

The move strengthens the tobacco major’s push towards non-cigarette FMCG business

Gucci announces plans to cut back to 2 fashion shows a year as the coronavirus pandemic ravages the luxury fashion industry

Gucci’s creative director Alessandro Michele plotted out a new plan for the brand in a series of diary entries, which were shared on Gucci’s Instagram account over the weekend.

Gucci announces plans to cut back to 2 fashion shows a year as the coronavirus pandemic ravages the luxury fashion industry, Business Insider - Business Insider Singapore

Business Insider - "I will abandon the worn-out ritual of seasonalities and shows to regain a new cadence, closer to my expressive call," Gucci's creative director said.. Read more at businessinsider.sg

Gucci announces plans to cut back to 2 fashion shows a year as the coronavirus pandemic ravages the luxury fashion industry

"I will abandon the worn-out ritual of seasonalities and shows to regain a new cadence, closer to my expressive call," Gucci's creative director said.

Gucci announces plans to cut back to 2 fashion shows a year as the coronavirus pandemic ravages the luxury fashion industry

"I will abandon the worn-out ritual of seasonalities and shows to regain a new cadence, closer to my expressive call," Gucci's creative director said.

Virus-hit Fiji Airways cuts workforce by half

Fiji Airways lays off 758 staff, while those remaining would face a permanent pay cut of 20%

Virus-hit Fiji Airways cuts workforce by half

Pandemic-hit Fiji Airways fired more than half its workforce Monday, as travel restrictions put the islands' vital tourism sector in deep freeze and reduced the national carrier's revenue to "virtually ...

Virus-hit Fiji Airways cuts workforce by half

Pandemic-hit Fiji Airways fired more than half its workforce Monday, as travel restrictions put the islands' vital tourism sector in deep freeze and reduced the national carrier's revenue to "virtually zero".

COVID-19: Fiji Airways cuts workforce by half

Pandemic-hit Fiji Airways fired more than half its workforce Monday, as travel restrictions put the islands

Indian Tea Association estimates Rs 2,100-cr revenue loss for tea industry in Assam, West Bengal during Mar-May

The association said that in these two states, the total loss of production during the three months will likely be 140 million kg. Based on last year's North India auction prices, the estimated revenue loss will be Rs 2,100 crore, ITA said.

ITA estimates Rs 2,100 crore revenue loss for tea industry in Assam and West Bengal during Mar-May

The Indian Tea Association (ITA) has pegged a revenue loss of Rs 2,100 crore for the industry in Assam and West Bengal during March, April and May.

Find out the impact COVID-19-induced lockdown has had on the tea industry

Bengal and Assam tea sector estimated a loss of Rs 2,100 crore due to lockdown

Indian tea sector has estimated loss of Rs 2,100 crore in Assam and Bengal due to lockdown. This is based on the price recovered in 2019 North India tea auctions. These two north Indian tea producing states contribute over 80% to India's national yield. The plantation sector has requested government for a multidirectional financial package to come out of the crisis.

Aston Martin's chief to leave as a part of shake-up

GAYDON, England: Aston Martin Chief Executive Andy Palmer is leaving the business as part of a management shake-up and will be replaced by Tobias ...

Aston Martin chief to leave, Mercedes-AMG CEO to replace him - source

Aston Martin Chief Executive Andy Palmer is leaving the business as part of a management shake-up and will be replaced by Tobias Moers, CEO of ...

Aston Martin chief to leave, Mercedes-AMG CEO to replace him: source

(Reuters) - Aston Martin (AML.L) Chief Executive Andy Palmer is leaving the business as part of a management shake-up and will be replaced by Tobias Moers, CEO of Mercedes-AMG, a source familiar with the matter told Reuters on Sunday.

Mercedes-AMG CEO Tobias Moers to take over as Aston Martin Chief

Palmer and Germany's Daimler AG (DAIGn.DE), which owns a 5% stake in Aston Martin and supplies the carmaker with Mercedes-AMG engines, also declined to comment

Virgin's administrators put brakes on plane repossessions

A mass repossession of Virgin's fleet could have seriously hampered the efforts of Deloitte to sell Virgin Australia to a new buyer. 

Virgin's administrators put brakes on plane repossessions

A mass repossession of Virgin's fleet could have seriously hampered the efforts of Deloitte to sell Virgin Australia to a new buyer. 

Virgin's administrators put brakes on plane repossessions

A mass repossession of Virgin's fleet could have seriously hampered the efforts of Deloitte to sell Virgin Australia to a new buyer. 

Virgin Australia lessors agree in principle to delay plane repossession: administrators

Virgin Australia lessors agree in principle to delay plane repossession: administrators

Volkswagen car owners entitled to damages in emission scandal: German court

Germany's highest court for civil disputes ruled that those who purchased the vehicles in question are entitled in principle to receive damages

German court rules Volkswagen car owners entitled to damages in emissions scandal

A German federal court judge ruled on Monday that Volkswagen has to pay compensation to motorists who purchased vehicles with manipulated diesel ...

German court rules VW car owners entitled to damages in Dieselgate scandal

A German federal court judge ruled on Monday that Volkswagen has to pay compensation to motorists who purchased vehicles with manipulated diesel engines, a major blow for the carmaker in its home

German court rules Volkswagen car owners entitled to damages in emissions scandal

German court rules Volkswagen car owners entitled to damages in emissions scandal

[Andy Mukherjee] China’s crypto is all about tracing -- and power

The coronavirus has disrupted the world in very large ways. While that battle has been waged, however, another event has almost been missed: the birth of a new kind of fiat currency, which could forever reshape the relationship between money, economic power and geopolitical clout.　 An official Chinese digital yuan, more than five years in the making, is now in pilot runs to slowly start replacing the physical legal...

China’s crypto is all about tracing — and power

If the experiment succeeds, this new cash, valued the same as the familiar banknotes bearing Mao Zedong’s image, will become the world’s first sovereign token to reside exclusively in the ether.

View: China's crypto is all about tracing — and power

Digital yuan trials are taking place just as Covid deepens mistrust with the US.

China’s Big Lenders and Fintech Firms to Distribute Virtual Yuan Tokens, which will be Highly Traceable, Potentially Amplifying Government’s Power: Report

Andy Mukherjee argues in a recently published Op-Ed in the Washington Post that the virtual yuan could potentially transform “the relationship between money,

UK's Sunak authorises bailout to rescue strategically important companies

Under the plan, which is named "Project Birch", the finance minister has raised the UK Treasury's capacity to handle bespoke bailouts of "viable" companies which have exhausted all options

‘Project Birch’: Treasury draws up last resort bailout plan to rescue Britain’s largest companies

‘Project Birch’ could see Britain’s Treasury step in to support key British companies whose failure will “disproportionately harm the economy

Coronavirus: Government draws up plan to rescue key firms

The government could aid strategically important firms affected by the coronavirus pandemic.

UK's Sunak authorises bailout plan to rescue strategically important companies

LONDON: British Finance Minister Rishi Sunak has authorised a bailout plan to rescue companies that are seen as strategically important, with the ...

China's pork imports in April jump 170% to record high

BEIJING — China, the world’s top pork consumer, imported a record 400,000 tonnes in April, up nearly 170% from a year earlier, customs data showed, as buyers took advantage of low prices to stock up on meat.

China's pork imports in April jump 170% to record high

BEIJING, May 25 (Reuters) - China, the world's top pork consumer, imported a record 400,000 tonnes in April, up nearly 170% from a year earlier, customs data showed, as buyers took advantage of low prices to stock up on meat.China imported 1.35 million tonnes of pork in the first four months of this year, surging 170.4% from the same period a year ago, after a plunge in domestic production kept prices much higher than other markets.

China's pork imports in April jump 170% to record high

China, the world’s top pork consumer, imported a record 400,000 tonnes in April, up nearly 170% from a year earlier, customs data showed, as buyers took advantage of low prices to stock up on meat.

UPDATE 1-China's pork imports in April jump 170% to record high

* African swine fever slashed China's pig herd* Chinese buyers stock up on cheap U.S. pork* Pork prices have fallen in China (Adds graphic, details)BEIJING, May 25 (Reuters) - China, the world's top pork consumer, imported a record 400,000 tonnes in April, up nearly 170% from a year earlier, customs data showed, as buyers took advantage of low prices to stock up on meat.

Vermilion Energy president and CEO Anthony Marino steps down from company

CALGARY — Vermilion Energy Inc. says Anthony Marino has stepped down as president and chief executive and as a director of the company, effective immediately.

Vermilion Energy president and CEO Anthony Marino steps down from company

CALGARY — Vermilion Energy Inc. says Anthony Marino has stepped down as president and chief executive and as a director of the company, effective immediately. The company says instead of replacing Marino it has created an executive committee to run the firm that includes chairman and former chief executive Lorenzo Donadeo, who has been named executive chairman. …

Vermilion Energy president and CEO Anthony Marino steps down from company

CALGARY — Vermilion Energy Inc. says Anthony Marino has stepped down as president and chief executive and as a director of the company, effective immediately.

Vermilion CEO departs

Vermilion Energy Inc. says Anthony Marino has stepped down as president and chief executive and as a director of the company, effective immediately.

NNPC says top management appointments on merit

The Nigerian National Petroleum Corporation (NNPC) says professional competence, adherence to the principle of transparency and accountab

NNPC says top management appointments on merit

The Nigerian National Petroleum Corporation (NNPC) says professional competence, adherence to the principle of transparency and..

How we selected over 1,000 new recruits -- NNPC

The corporation says professional competence, transparency, accountability and federal character are primary considerations in its employment.

NNPC lists parameters for employment, career progression; makes new top appointments

Explaining the parameters, NNPC Group General Manager, Group Public Affairs Division, Dr. Kennie Obateru, stated that the basic academic requirement for newly employed Graduate Trainees in the corporation is a minimum of a Second-Class Upper Division or an Upper Credit for Higher National Diploma certificate holders

'Very weak': Labor warned over Victoria's credit status

Ratings agency Standard & Poor's is worried about post-COVID debt, deficit and public sector wage bill.

'Very weak': Labor warned over Victoria's credit status

Ratings agency Standard & Poor's is worried about post-COVID debt, deficit and public sector wage bill.

'Very weak': Labor warned over Victoria's credit status

Ratings agency Standard & Poor's is worried about post-COVID debt, deficit and public sector wage bill.

India air travel restart hits chaos and cancellations

NEW DELHI (Reuters) - Airlines’ plans to resume air travel in India were in disarray on Monday after some states restricted the number of flights hours before departure, causing last-minute cancellations and leaving hundreds of passengers stranded.

India air travel restart hits chaos and cancellations

Airlines' plans to resume air travel in India were in disarray on Monday after some states restricted the number of flights hours before departure, causing last-minute cancellations and leaving hundreds of passengers stranded. Airlines, including IndiGo, India's biggest carrier, SpiceJet and

COVID-19: India air travel restart sees chaos and cancellations

New restrictions at airports force airlines to scramble revised schedules

EU divisions laid bare by ‘frugal four’ Covid recovery proposal

Ursula von der Leyen must soothe resentful southern member states and reassure northern hawks

Ex-German Finance Minister Confirms Support for EU Economic Recovery Plan to Tackle COVID-19 Crisis

Last week, German Chancellor Angela Merkel and French President Emmanuel Macron proposed that a hefty recovery fund should be set up to shore up EU economies struggling...

Recovery plans unveiled This WEEK

Tough negotiations start this week on both the EU's recovery fund and its revised long-term budget, which are likely to determine the entire future of the bloc.

Book sales soar as French lockdown eases

Even so, overall, sales were 60 percent down compared the corresponding period in 2019.

Book sales soar as French lockdown eases

A study for the trade weekly Livres Hebdo found that from May 11 to 17 bookshops did a roaring trade, with readers desperate to stock up while public libraries remained shut.

Book sales soar as French Covid-19 lockdown eases

PARIS, May 25 — Book sales in France have soared since the country began to ease its lockdown, rocketing more than 230 per cent in a week, a survey showed today. A study for the trade weekly Livres Hebdo found that from May 11 to 17 bookshops did a roaring trade, with readers desperate to stock...

Chinese e-commerce giant Alibaba’s shares drop; revenue estimates weighing on Jack Ma’s firm

Alibaba Group Holding Ltd. slid after projecting revenue growth will slow this year, reflecting post-Covid 19 economic uncertainty at home as well as the potential for U.S.-Chinese tensions to disrupt its business.

Alibaba Drops After Projecting Slowing Growth in Uncertain Times

Alibaba Group Holding Ltd. slid after projecting revenue growth will slow this year, reflecting post-Covid 19 economic uncertainty at home as well as the potential for U.S.-Chinese tensions to disrupt its business.

China’s E-Commerce Players Post Strong Quarterly Results Despite Covid-19

China’s three largest e-commerce platforms Alibaba ($BABA), JD.com ($JD) and Pinduoduo ($PDD) have all released their earning results for the first quarter this year, and it’s worth taking a minute to review the numbers.

Southbank Centre at risk of closure until April 2021 due to financial pressure

The arts organisation has called for further Government support.

Southbank Centre at risk of closure until April 2021 due to financial pressure

The arts organisation has called for further Government support.

Southbank Centre at risk of closure until April 2021 due to financial pressure

The arts organisation has called for further Government support.

Citi warns that coronavirus may push 31 million women into unemployment and knock $1 trillion from world GDP

Global GDP could shrink as much as $1 trillion if a predicted 31 million women lose their jobs during the coronavirus pandemic, Citi has warned....

Citi warns that coronavirus may push 31 million women into unemployment and knock $1 trillion from world GDP

Global GDP could shrink as much as $1 trillion if a predicted 31 million women lose their jobs during the coronavirus pandemic, Citi has warned.

Citi warns that coronavirus may push 31 million women into unemployment and knock $1 trillion from world GDP, Business Insider - Business Insider Singapore

Business Insider - Overall there are 44 million workers at risk of losing their jobs because of the pandemic, Citi said. 31 million women, and 13 million men.. Read more at businessinsider.sg

Occidental Petroleum: The Uncle, The Oracle And The $40 Billion In Debt

OXY is at a critical point as asset sales have not gone as expected in the face of the pandemic. Specialist firm Moelis is assisting them with pushing maturitie

The Week Ahead, S&P 500 Futures Are Up +1% And Poised To Reach 3,000

If after reading this article you conclude that I haven't gotten over the short shrift stocks gave the China-US rift last week, you'd be right. The futures for

Whether To Give Up Dumpster Diving

I discuss the news that Tuesday Morning could file for bankruptcy this week. I reflect on the prospect of quitting 'dumpster diving.' I share a painful lesson o

Lotteries need a loan

Ontario is extending a line of credit of up to $500 million to its lottery and gaming agency.

Ontario offers loan of up to $500M to lottery and gaming corporation

Ontario is extending a line of credit of up to $500 million to its lottery and gaming agency.

Ontario offers loan of up to $500M to lottery and gaming agency

Ontario is extending a line of credit of up to $500 million to its lottery and gaming agency.

Richmond prepared for a crisis ... then it happened

In February, Richmond began to war game a gigantic crash in membership and finances. It meant that the Tigers were on top of their game when the coronavirus struck.

Richmond prepared for a crisis ... then it happened

In February, Richmond began to war game a gigantic crash in membership and finances. It meant that the Tigers were on top of their game when the coronavirus struck.

Richmond prepared for a crisis ... then it happened

In February, Richmond began to war game a gigantic crash in membership and finances. It meant that the Tigers were on top of their game when the coronavirus struck.

Lockdown extensions economically disastrous, create another medical crisis, says Anand Mahindra

Lockdown extensions economically disastrous, says Anand Mahindra

While acknowledging that choices are not easy for policy makers, he said a lockdown extension will not help.

Lockdown extensions economically disastrous, create another medical crisis: Anand Mahindra

News News: NEW DELHI: Mahindra Group Chairman Anand Mahindra on Monday said lockdown extensions are not just economically disastrous but also create another medi.

PRESENTING: 38 power players disrupting the $130 billion consulting industry and solving problems for clients in crisis

These leaders are strategizing for clients, rethinking recruitment, and leading D&I efforts at global firms.

PRESENTING: 38 power players disrupting the $130 billion consulting industry and solving problems for clients in crisis, Business Insider - Business Insider Singapore

Business Insider - These leaders are strategizing for clients, rethinking recruitment, and leading D&I efforts at global firms.. Read more at businessinsider.sg

PRESENTING: 38 power players disrupting the $130 billion consulting industry and solving problems for clients in crisis

The coronavirus pandemic has disrupted the management-consulting industry.

Bust-up over climate weighs on EU-UK talks, risks trade rifts

BRUSSELS (Reuters) - Britain’s refusal to seal climate commitments in a new deal with the European Union to govern their relations after Brexit has become a stumbling block in their deadlocked talks and raises the risk of future trade disputes.

Bust-up over climate weighs on EU-UK talks, risks trade rifts

* EU worried over level playing field on climate after Brexit* UK says it has own ambitious goals, rejects binding EU targets* Talks on new Brexit deal deadlocked before June crunch timeBy Gabriela Baczynska and Kate AbnettBRUSSELS, May 25 (Reuters) - Britain's refusal to seal climate commitments in a new deal with the European Union to govern their relations after Brexit has become a stumbling block in their deadlocked talks and raises the risk of future trade disputes.

Bust-up over climate weighs on EU-UK talks, risks trade rifts

Britain's refusal to seal climate commitments in a new deal with the European Union to govern their relations after Brexit has become a stumbling block in their deadlocked talks and raises the risk of future trade disputes. While Britain has joined the global Paris agreement to fight climate change

50 insiders reveal all on a massive shakeup at elite law firm Boies Schiller

A massive transformation is taking place at elite litigation powerhouse Boies Schiller Flexner.

Pay rifts, a partner divide, and a threat at the Ritz Carlton: 50 insiders reveal all on a massive shakeup at elite law firm Boies Schiller

Business Insider - Pay rifts, a partner divide, and transparency are key issues behind some partners leaving elite law firm Boies Schiller. Now BSF is re-making itself.. Read more at businessinsider.sg

50 insiders reveal all on a massive shakeup at elite law firm Boies Schiller

Pay rifts, a partner divide, and transparency are key issues behind some partners leaving elite law firm Boies Schiller. Now BSF is re-making itself.

French carmaker Renault could close plants and cut jobs, says union

PARIS, May 25 — French carmaker Renault could unveil job cuts and plants closures on Thursday as the company looks to save €2 billion (US$2.2 billion) in costs, a representative for far-left union CGT said today. Renault has called for a meeting with unions on Thursday regarding its cost-saving...

French carmaker Renault could close plants and cut jobs: union

French carmaker Renault could unveil job cuts and plants closures on Thursday as the company looks to save 2 billion euros (US$2.2 billion) in ...

French carmaker Renault could close plants and cut jobs: union

PARIS (Reuters) - French carmaker Renault (RENA.PA) could unveil job cuts and plants closures on Thursday as the company looks to save 2 billion euros ($2.2 billion) in costs, a representative for far-left union CGT said on Monday.

Coronavirus could bankrupt German FA, warns treasurer

The coronavirus crisis could "potentially threaten" the existence of the German FA (DFB), its treasurer Stephan Osnabruegge warned Monday.

Coronavirus could bankrupt German FA, warns treasurer

The coronavirus crisis could "potentially threaten" the existence of the German Football Association (DFB), its treasurer has warned Monday.

Coronavirus Pandemic Could Bankrupt German FA, Warns Treasurer

German FA treasurer Stephan Osnabruegge warned that the DFB is in the deepest economic crisis of the recent past.

Trudeau, Singh pressed on party's decision to access COVID-19 wage subsidy

OTTAWA - Prime Minister Justin Trudeau faced multiple questions today on why his party applied for a federal wage subsidy program for organizations facing e

Trudeau, Singh pressed on party's decision to access COVID-19 wage subsidy

Prime Minister Justin Trudeau faced multiple questions today on why his party applied for a federal wage subsidy program for organizations facing economic hardship due to COVID-19.

Trudeau, Singh pressed on parties’ decisions to access COVID-19 wage subsidy

All three parties have said donations have dropped further since the COVID-19 pandemic began

Ontario used auto dealers expect tough year ahead, prices already down

TORONTO — Used car dealers in Ontario are starting to recover from the near total shutdown in April, but a survey released Monday suggests they expect sales and prices to be under pressure for the year as economic uncertainty clouds the market.

Ontario used auto dealers expect tough year ahead, prices already down

A new survey of Ontario used auto dealerships shows the market is already under pressure with more pain likely to come.

Ontario used auto dealers expect tough year ahead, prices already down

TORONTO — A new survey of Ontario used auto dealerships shows the market is already under pressure with more pain likely to come. The survey conducted by DesRosiers Automotive Consultants Inc. and the Used Car Dealers Association of Ontario found that almost a third of dealers saw prices decline between 11 and 20 per cent from March to April, …

Canada Revenue Agency extends some trust and corporate filing deadlines

The agency says it will allow businesses to defer T2 corporation income tax returns otherwise due in June, July or August, to Sept. 1

Canada Revenue Agency extends some trust and corporate filing deadlines

The Canada Revenue Agency is extending some of the filing deadlines for corporations and trusts in a move to help businesses and tax preparers dealing with the COVID-19 pandemic.

CRA extends some trust and corporate filing deadlines

The Canada Revenue Agency is extending some of the filing deadlines for corporations and trusts in a move to help businesses and tax preparers dealing with the COVID-19 pandemic.

As malls reopen across the country, worries grow that consumers won't come back

Malls across the country are beginning to open their doors after weeks of government-mandated shutdowns, but both operators and retail tenants are stepping into uncharted territory amid the COVID-19 pandemic.

As malls reopen across the country, worries grow that consumers won’t come back

Mall owners have a strong incentive to get their properties open safely, as rents have plummeted following the provincial orders to close

COVID-19: Worries grow that consumers won't come back to malls

Mall owners have a strong incentive to get their properties open safely, as rents have plummeted following the provincial orders to close

Hard times for Boeing, long a symbol of American might

Hard times for Boeing, long a symbol of American might

Hard times for Boeing, long a symbol of American might

New York, United States | AFP | Faced with the calamitous fallout from the coronavirus on airline customers and the broader economy, Boeing found itself in an unfamiliar and uncomfortable position in March. The company, a longtime symbol of American industrial power, was unable to raise the funds to finance its business. Since that low point …

Hard times for Boeing, long a symbol of American might

Boeing, a longtime symbol of American industrial power, was unable to raise the funds to finance its business.

ANZ 'hopeful' COVID loan deferrals not as dire as feared

ANZ Bank chief Shayne Elliott says about half the borrowers who deferred loan repayments in response to the pandemic have not suffered a drop in income.

ANZ 'hopeful' COVID loan deferrals not as dire as feared

ANZ Bank chief Shayne Elliott says about half the borrowers who deferred loan repayments in response to the pandemic have not suffered a drop in income.

Government warned economy could fall off a cliff in September without more stimulus

Consumers are spending more money, but economists warn Australia could fall off a financial cliff in September without more stimulus measures.

India's April crude processing sees biggest drop in nearly two decades

Refiners processed about 14.75 million tonnes or 3.60 million barrels per day (bpd) of oil last month, government data showed

In steepest fall since 2003, processing of crude slumps 29%

India’s crude oil processing in April slumped by 28.8 per cent from a year ago, its biggest drop since at least 2003, as a nationwide lockdown weighed on fuel demand and forced refiners to cut product

Crude processing in April sees biggest drop in nearly two decades

The lockdown and travel curbs aimed at stemming spread of COVID-19 since March 25 forced people to stay home, cutting India's fuel demand by 45.8 percent in April.

Transfer Rs 1,000 to each Indian per month: Abhijit Banerjee and Esther Duflo suggest Centre

Esther Duflo said India was already in a position to start universal basic income quickly as it had the Jan Dhan accounts-Aadhaar-mobile system in place.

India should immediately start cash transfers of 1,000 per person: Abhijit Banerjee and Esther Duflo

The cash transfer of Rs 1,000 per person each month is expected to make a big difference as it would help the common man to pay for all the emergency needs, Banerjee said

Must start Rs 1,000 per month transfer now: Abhijit Banerjee and Esther Duflo

In a conversation with each other at online version of Jaipur Literature Fest on Sunday, Banerjee said that India could help in mass production of the Covid 19 vaccine, when it is developed, but cautioned that in the absence of one, India is set to see another lockdown since cases were only rising.

Prices of N-95 masks down by up to 47% after NPPA advisory

N-95 masks were earlier being sold in the market for Rs 150 to 300 per unit and after the advisory by the the National Pharmaceutical Pricing Authority (NPPA), prices have been cut.

Covid-19: After govt intervention, prices of N-95 masks down by up to 47%

To address the issue of higher prices of the N-95 masks, the NPPA intervened to ensure their availability at affordable prices in the country, the Ministry of Chemicals and Fertilizers said in a statement on Monday.

Prices Of N-95 Masks Fall 47% After Pharma Pricing Body's Advisory: Government

Leading manufacturers and importers of N-95 masks have reduced prices by up to 47 per after regulator NPPA stepped in to ensure the availability of this respiratory protection device at affordable rates in the country, the government said on Monday.

Masiyiwa brings smiles to Ndolwane, completes 100kw solar power project 

PAN-AFRICAN businessman and philanthropist Mr Strive Masiyiwa has, through his ‘Re-Imagine Rural’ initiative, completed a 100KW solar power project at Ndolwane in Bulilima district. Ndolwane is situated  in the country’s south western province of Matabeleland South. Mr Masiyiwa broke the news on his Facebook blog. He wrote: “There is a place in rural Zimbabwe called Ndolwane. It is in a part of the country known as Matabeleland.We chose it as the first site of our ‘Re-Imagine Rural Ugesi Minigrids’. “We built a 100KW solar power plant at its small business center. It now provides power to 70 small businesses, residents and other activities. Some are using the power to irrigate market gardens to sell vegetables.

Masiyiwa brings smiles to rural village, completes 100kw solar power project

PAN-AFRICAN businessman and philanthropist Mr Strive Masiyiwa has, through his ‘Re-Imagine Rural’ initiative, completed a 100KW solar power project at Ndolwane in Bulilima district.

Pan-African businessman completes 100kW solar mini-grid in Zimbabwe

Philanthropist Strive Masiyiwa has completed a 100kW solar power project at Ndolwane in Bulilima district, through his ‘Re-Imagine Rural’ initiative.

EU must present united front to shield pandemic-hit banks: regulator

FRANKFURT (Reuters) - European countries need to join forces to shield their banks from the coronavirus outbreak, one of the bloc’s top regulators said on Monday, potentially using a 500 billion euro ($545 billion) EU recovery fund to do so.

EU must present united front to shield pandemic-hit banks: regulator

European countries need to join forces to shield their banks from the coronavirus outbreak, one of the bloc's top regulators said on Monday, potentially using a 500 billion euro ($545 billion) EU recovery fund to do so. The remarks from Jose Manuel Campa, who leads the European Banking Authority

EU must present united front to shield pandemic-hit banks: regulator

EU must present united front to shield pandemic-hit banks: regulator

Nissan says preparing to gradually restart Mexico operations

MEXICO CITY (Reuters) - The Mexican unit of Nissan Motor Co Ltd unit said on Monday that it is preparing to gradually reopen under strict safety measures, beginning with activities that are directly related to vehicle and autoparts manufacturing.

Nissan says preparing to gradually restart Mexico operations

The Mexican unit of Nissan Motor Co Ltd unit said on Monday that it is preparing to gradually reopen under strict safety measures, beginning with ...

Nissan says preparing to gradually restart Mexico operations

Nissan says preparing to gradually restart Mexico operations

EU eyes first face-to-face summit in months to haggle over budget

EU eyes first face-to-face summit in months to haggle over budget

EU eyes first face-to-face summit in months to haggle over budget

BRUSSELS (Reuters) - EU leaders may meet for a face-to-face summit in the coming weeks to bargain over the next joint budget and a linked coronavirus recovery fund, suspending lockdown rules imposed to contain the pandemic, diplomats and officials said.

EU eyes first face-to-face summit in months to haggle over budget

European Commission to propose blueprint for € 1tn multiannual financial framework

Walmart Mexico pays Mexico about $359 million in back taxes

Walmart de Mexico said Monday it has paid the Mexican government the equivalent of about $359 million in taxes for its 2014 sale of a restaurant chain known as VIP’s after tax authorities demanded it.

Walmart Mexico pays Mexico about $359 million in back taxes

MEXICO CITY (AP) — Walmart de Mexico said Monday it has paid the Mexican government the equivalent of about $359 million in taxes for its 2014 sale of a restaurant...

Walmart Mexico pays Mexico about $359 million in back taxes

MEXICO CITY — Walmart de Mexico said Monday it has paid the Mexican government the equivalent of about $359 million in taxes for its 2014 sale of a restaurant chain known as VIP’s after tax authorities demanded it. The payment appears to mark a victory for President Andrés Manuel López Obrador, who has railed against …

The Signal That Preceded Bitcoin’s Drop to $3k in 2018 Is About to Flash Again

Just a week ago, Bitcoin was trading just dollars shy from $10,000. But after rumors (since disproven) spread about Satoshi Nakamoto selling his stash of BTC, t

If Bitcoin Follows the 2012 and 2016 Halvings, Price Will Go “Almost Vertical”

It's been a brutal past two weeks for Bitcoin miners. After the block reward halving that transpired on May 11th, the revenue of BTC miners was

Signal That Came Earlier About Bitcoin’s Drop to $3K in 2018 Is To Flash Again

Only seven days prior, Bitcoin was trading around $10,000. In any case, after rumors spread About Satoshi Nakamoto selling his reserve of BTC, the digital currency has fell to $8,700. Some have considered this move a 'solid' retracement, yet a key pointer proposes that Bitcoin bulls have further misfortunes in…

Why markets don’t care about Hong Kong

Via the excellent Damien Boey at Credit suisse:

Credit Suisse: JobKeeper on the way out

Via the excellent Damien Boey at Credit Suisse:

Capex preview

Via the excellent Gareth Aird at CBA:

Council urges all planning decisions be removed from its power

Georges River wants to stop developers and real estate agents from running for council in NSW.

Council urges all planning decisions be removed from its power

Georges River wants to stop developers and real estate agents from running for council in NSW.

Council urges all planning decisions be removed from its power

Georges River wants to stop developers and real estate agents from running for council in NSW.

CEO buys ailing New Zealand media giant for one dollar

Nine said that Stuff chief executive Sinead Boucher would take over the company, which operates New Zealand's most popular news website, stuff.co.nz, and titles such as Wellington's Dominion Post and the Christchurch Press.

CEO buys ailing New Zealand media giant Stuff Limited for one dollar

Boucher joined as a reporter in 1993 and has spent most of her career at the company

CEO buys ailing New Zealand media giant for one dollar

Struggling New Zealand media giant Stuff Limited was sold in a management buy-out deal for the symbolic fee of NZ$1.00 (US$0.61), the group's Australian owners Nine Entertainment announced Monday.

BSNL launches unlimited voice calling plan for 600 days at Rs 2399, check out other long-term plans

BSNL is giving unlimited voice calls for 600 days, the longest validity among all telcos at Rs 2399. The plan does not bring with it any data.

BSNL announces Rs 699 and Rs 786 prepaid plans: Here is everything you need to know

On the occasion of Eid, the government-backed telecom operator unveiled a special Rs 786 prepaid plan for its users.

BSNL launches Rs 2,399 prepaid recharge plan with unlimited calling for 600 days; details inside

Bharat Sanchar Nigam Limited (BSNL) has introduced a new Rs 2,399 prepaid recharge plan for its customers that offers them unlimited calling.

Liz Weston: Find free, solid money advice in uncertain times

If you have money questions — and who among us doesn’t right now? — there are plenty of people willing to offer advice: friends, relatives and random strang

Liz Weston: Find free, solid money advice in uncertain times

If you have money questions — and who among us doesn’t right now? — there are plenty of people willing to offer advice: friends, relatives and random strangers on the internet.Finding someone who knows what they’re talking about, and who isn’t trying to take advantage of you, can be tougher. Fortunately, several groups of credentialed, trustworthy financial advisers are stepping up to offer free help.Groups such as the Financial Planning Association, the XY Planning Network, the National Association of Personal Financial Advisors, the Association for Financial Counseling & Planning Education and the National Foundation for Credit Counseling are among the organizations offering free consultations to help people na

Liz Weston: Find free, solid money advice in uncertain times

If you have money questions — and who among us doesn’t right now? — there are plenty of people willing to offer advice: friends, relatives and random strangers on the...

Staff Sue KBC Over Sh2.7 Billion Pension Money

The Kenya Broadcasting Corporation (KBC) is in hot soup as it is embroiled in a legal tussle regarding Sh2.7 billion staff pension money.According to Nation, the funds are reported to have been de

KBC Journalists Sue Bosses Over Ksh2.7 Billion

Kenya Broadcasting Corporation employees have taken the station's bosses to court following the...

KBC staff sue over pension funds

Broadcaster says it’s unable to pay the sum at once.

China: Lawmaker Proposes Creation of a National Blockchain Fund

China’s blockchain adoption could go a step further with lawmakers looking at the creation of a national blockchain development fund. Authorities in Beijing continue to push for more involvement of the country’s government in leveraging the emerging technology across several economic sectors.

Chinese Congress Reviews National Blockchain Fund Bill

A bill to create a specialized national blockchain fund was submitted to China's congress during the annual 'Two Sessions'.

Blockchain Adoption: China’s National People’s Congress and Parliament to Review DLT Fund Proposal

The National People’s Congress (NPC), China’s parliament and the Chinese People’s Political Consultative Conference recently began conducting their annual

US farmers worried as crop prices dip

Market disruptions have been caused by the Covid-19 pandemic.

'It's kind of glum': US farmers worry as crop prices dip

Dave Burrier steered his tractor through a field, following a GPS map as he tried to plant as much corn as possible amid the yellow and green rye covering the ground.

'It's kind of glum': U.S. farmers worry as crop prices dip

American farmers are seen to lose billions of dollars in revenues amid the coronavirus pandemic

Library users turn to Australian authors as digital usage jumps

The annual Civica list of books borrowed from local libraries shows Australian writers are the most popular.

Library users turn to Australian authors as digital usage jumps

The annual Civica list of books borrowed from local libraries shows Australian writers are the most popular.

Library users turn to Australian authors as digital usage jumps

The annual Civica list of books borrowed from local libraries shows Australian writers are the most popular.

Hertz Bankruptcy And Fleet Liquidation Threaten To Make Mess Of Used-Vehicle Prices With Burst Of 'Pent-Up Supply'

Here come the “bankruptcy-remote special-purpose subsidiaries” and $14.5 billion in rental-vehicle-backed securities. The Chapter 11 bankruptcy filing of Hertz

Hertz files for bankruptcy after rental-car demand vanishes

Drop in used-car sales compounds financial woes.

Hertz files for US bankruptcy protection as car rentals evaporate in pandemic

The firm, whose largest shareholder is billionaire investor Carl Icahn with a nearly 39 percent ownership stake, is reeling from government orders restricting travel and requiring citizens to remain home.

Rushed log legislation deserves the chop - Federated Farmers

Federated Farmers and the Forest Owners Association are joining forces to condemn the Log Brokers Bill as a Trojan horse to potentially force farmers and foresters to subsidise local processing industries from reduced export earnings.

Farmers and forest owners bristle at politicians screwing the scrum so that forest owners subsidise the domestic wood processing industry, potentially resulting in trade retaliation from export markets

Farmers and forest owners bristle at politicians screwing the scrum so that forest owners subsidise the domestic wood processing industry, potentially resulting in trade retaliation from export markets

Rushed Log Legislation Deserves The Chop

Federated Farmers and the Forest Owners Association are joining forces to condemn the Log Brokers Bill as a Trojan horse to potentially force farmers and foresters to subsidise local processing industries from reduced export earnings.

iSignthis slams ASX for seeking sensitive details as Visa deal ends

ISignthis confirmed its high-profile relationship with Visa will be terminated, as it blasted the market operator for requesting sensitive details about its relationship with the card giant.

iSignthis slams ASX for seeking sensitive details as Visa deal ends

ISignthis confirmed its high-profile relationship with Visa will be terminated, as it blasted the market operator for requesting sensitive details about its relationship with the card giant.

iSignthis slams ASX for seeking sensitive details as Visa deal ends

ISignthis confirmed its high-profile relationship with Visa will be terminated, as it blasted the market operator for requesting sensitive details about its relationship with the card giant.

Delhi sees season's highest power demand on Sunday

Tata Power Delhi Distribution said it met the peak power demand of 1493 MW on Sunday night.

Heat wave drives Delhi’s peak power demand to season high of 5,268 MW

Expected to touch last year’s peak of 7,409 MW by July: Tata Power-DDL

Want to become a billionaire? Here are the industries that produce the most ultrawealthy people

While a select few have become billionaires working in the food and beverage sector, a lot more people become rich in real estate.

Want to become a billionaire? Here are the industries that produce the most ultrawealthy people

People have been able to turn lots of different ideas into billion-dollar businesses, but it’s easier in some fields than others.

Skills and training overhaul to form centrepiece of PM’s economic recovery plan

Prime Minister Scott Morrison will unveil major changes to skills and vocational training in a major economic speech about coronavirus recovery.

Time to take economy out of intensive care: PM

Scott Morrison will appeal to a "new sense of common purpose", with $1.5 billion in federal funding to the states as leverage, to deliver an economic recovery he envisages will take between three and five years.

Horgan welcomes news Ottawa will be pursuing paid sick leave

B.C. Premier John Horgan is applauding news that the federal government is looking at ensuring 10 days of paid sick leave for workers.The premier has been advocating for a national sick-leave program. . .

Horgan welcomes news Ottawa will be pursuing paid sick leave

CINDY E. HARNETTTimes ColonistB.C. Premier John Horgan is applauding news that the federal government is looking at ensuring 10 days of paid sick leave for workers.The premier has been advocating for. . .

How Community Participation can Assist in Architectural and Urban Post-Disaster Reconstruction

How community participation can assist in architectural and urban reconstruction following natural disasters or tragedies caused by human action.

How Community Participation can Assist in Architectural and Urban Post-Disaster Reconstruction

How community participation can assist in architectural and urban reconstruction following natural disasters or tragedies caused by human action.

CERB payments hit $40B

A key federal benefit for Canadians out of work, or seeing large drops in their earnings, in the COVID-19 pandemic has paid out over $40 billion in emergency aid.

Payments for CERB top $40 billion as feds open doors for commercial rent help

OTTAWA — A key federal benefit for Canadians out of work, or seeing large drops in their earnings, in the COVID-19 pandemic has paid out over $40 billion in emergency aid.Federal figures posted . . .

Business Cheers Plans to Reopen South Africa’s Economy

South African business leaders lauded the government’s plan to substantially ease a nationwide lockdown that’s crippled the economy, even as the number of the coronavirus cases grows exponentially.

Business gives Ramaphosa’s plan to reopen economy the thumbs up

South African business leaders lauded the government’s plan to substantially ease a nationwide lockdown that’s crippled the economy, even as the number of the coronavirus cases grows exponentially.

Sierra Metals Provides COVID-19 Update for Its Operations in Peru and Mexico

TORONTO — Sierra Metals Inc. (TSX: SMT) (BVL: SMT) (NYSE AMERICAN: SMTS) (“Sierra Metals” or “the Company”) announces that the Peruvian Government has extended its state of emergency and a nationwide lockdown to fight the COVID-19 pandemic until June 30, 2020.

Almonty Shares Begin Trading on Xetra in Germany

TORONTO — Almonty Industries Inc. (TSX:AII) (“Almonty”) announces the start of trading of Almonty shares on Xetra, the electronic trading system of Deutsche Börse AG in Germany (WKN: A1JSSD, ISIN: CA0203981034, Ticker-Symbol: 1MR).

IL&FS invites EoI for 26% in Tripura power plant, sources say ONGC may bid

IL&FS engages Arpwood Capital and JM Financial for deal; project cost entails debt of Rs 3,035 cr and equity investment of Rs 10,118 cr

ONGC may buy IL&FS’ 26% stake in Tripura power arm

IL&FS invites expressions of interest for share acquisition

Business stands behind government efforts to ease restrictions 

Organised business says economic recovery will require innovation and swift action.

How Kenyan employers are supporting their employees to navigate COVID stress

The coronavirus pandemic is a health crisis and human tragedy which has affected thousands across the globe. As a result, economies are charged with providing a response to the pandemic. Some of the challenges countries are faced with include debt increase, oil demand decline, and rising unemployment. In this light, Mercer, a global consulting leader in talent, health, retirement and investment held a webinar to discuss what this pandemic could mean for Kenya’s economic landscape. According to Francis Omanyala, Associate Consultant at Mercer, Africa has unique challenges in its fight against COVID-19. However, it is crucial that organizations better understand some of these issues and redirect their energies to unlocking some of the available opportunities.

Asia virus latest: Japan to lift emergency, India domestic flights resume

Here are the latest developments in Asia related to the coronavirus pandemic:

Asia virus latest: Japan to lift emergency, India domestic flights resume

Here are the latest developments in Asia related to the coronavirus pandemic:- Japan set to lift virus emergency -Japan is poised Monday to lift its nationwide state of emergency over the coronavirus, gradually reopening the world's third-biggest econo...

Russia's Aeroflot reports 95% passenger drop in April 2020

Aeroflot Group expects to gradually increase the number of flights across Russia in June 2020

Russia’s Aeroflot reports 95pc April passenger drop

MOSCOW, May 25 — Russia’s biggest carrier Aeroflot today said it registered a 95 per cent drop in passengers in April compared to last year, as the coronavirus ground travel to a halt. The Aeroflot Group carried 11.4 million passengers in the first four months of 2020, which is 34.7 per cent...

Cambodia bourse sees first bank listing

Acleda Bank, the largest commercial bank in Cambodia, downplays the risks of debuting on the Cambodia Securities Exchange during the coronavirus pandemic

Cambodia bourse sees first bank listing

PHNOM PENH, May 25 — Cambodia’s largest commercial bank listed on the country’s stock market today, the first lender to trade on the fledgling exchange, despite uncertainty caused by the coronavirus pandemic. Acleda Bank became the sixth firm to join the Cambodia Securities Exchange (CSX),...

Salary (CTC) calculation: Earning Rs 40,000 or Rs 30,000 as DA+Basic? You may get this extra amount

Salary (CTC) calculation: Under CTC model, if the monthly EPF wages of an employee is Rs 10,000, then he/she will get Rs 200 more directly from the employer as the share of the employer's contribution to EPF/EPS will be reduced and Rs 200 less will be deducted from his/her wages

Employees Provident Fund calculation: How much more you will take-home after PF rules change for COVID-19

EPF calculation: In the CTC salary model, take-home pay goes up by 4% of wages before tax, but for others hike in take-home is at the cost of reduced total salary.

Retailing 2020: Five Things To Watch

The pandemic was unprecedented when it showed up in February and March; the phases of its aftermath will also be without a reference point. While it's clear that the digital shift will stick in the retail ecosystem, other elements of the landscape are harder to predict. PYMNTS identified five areas and companies to watch as the post-pandemic recovery evolves. Amazon The balance of 2020 will be notable for what Amazon does not do. For instance, it will not buy JCPenney. The reason cuts right through Amazon's strikezone: The company has always been about the customer experience and customer satisfaction. JCP doesn't have much to offer Amazon in terms of customers. On the inventory side, Amazon has always taken one step up and two steps back on fashion, which is a tough margin to run on. In terms of real estate, JCP still has some decent mall locations, but not enough to justify what would be a very risky acquisition. If Amazon sees any M&A deals this year, it will likely be on the

What Sticks? Five Data-Driven Behaviors That Will Define America’s Reopening

PYMNTS has populated the current landscape with data-driven research to answer the critical question: Which consumer behaviors will stick through recovery?

CFA 'never sought' slice of Celeste Barber's $51 million fundraiser

Court rules that $50 million raised by comedian cannot be given to groups other than the NSW Rural Fire Service, but Victoria's CFA says it never lobbied to receive a share

CFA 'never sought' slice of Celeste Barber's $51 million fundraiser

Court rules that $50 million raised by comedian cannot be given to groups other than the NSW Rural Fire Service, but Victoria's CFA says it never lobbied to receive a share

Nasdaq to Consolidate European CSD Business

Nasdaq, an exchange operator, will be consolidating its central securities depository business in Europe, by merging Nasdaq CSD Iceland with Nasdaq CSD SE.

Iceland joins Baltic unified CSD system

Trading platform Nasdaq on May 25 announced the merger of Nasdaq CSD Iceland (CSD standing for Central Securities Depository) with Nasdaq CSD SE, which covers the Baltic states.

Fitch sticks to AAA credit downgrade warning

Fitch Ratings has maintained its negative outlook rating on Australian government debt, despite the massively cheaper revised cost of the JobKeeper scheme.

Ratings agency reaffirms negative outlook, despite JobKeeper change

Fitch Ratings has maintained its negative outlook rating on Australian government debt, despite the massively cheaper revised cost of the JobKeeper scheme.

Express & Star comment: Uncertain future for universities

Britain's universities face an uncertain future due to the ongoing impact of the coronavirus.

Shropshire Star comment: Universities facing uncertain future

Britain's universities face an uncertain future due to the ongoing impact of the coronavirus.

Tasty pursuits! What consumers are turning to when restaurants are shut

The demand for snack items is up, but can manufacturers keep up?

Brand loyalty no more? Regional brands take larger pie in times of Covid

Local products gain market share as bigger FMCG companies struggle with supply chain issues

Reverse migration can spur housing demand in tier 2 and 3 cities post COVID-19: ANAROCK report

One significant trend may be reverse migration spurring housing demand in Tier 2 & 3 cities, says the ANAROCK report.

Commercial real estate to move northwards in Tier 2 markets post Covid-19

Factors like good location, easy accessibility, improvement in basic infrastructure, increased connectivity with suburbs and the availability of skilled manpower have turned smaller cities into an attractive business destination.

Regulators mandating too many disclosures from firms on Covid impact

It is too early to seek such information from companies who are yet to recover from the effects of the pandemic

‘Material disclosure’ is imperative at this time

Investors need to be frequently updated on Covid-19’s impact on companies

Kotak Mahindra Bank gets shareholder nod to issue 6.5 crore equity shares

Kotak Mahindra Bank plans to raise as much as Rs 7,500 crore by way of issue of 6.5 crore equity shares of Rs 5 each through a private placement, follow-on public offering (FPO), qualified institutions placement (QIP) or a combination thereof

Kotak Mahindra Bank shareholders approve plan to raise capital

Kotak Mahindra Bank on Monday said it has received shareholder approval for its capital raising plans.“We would like to inform you that the above mentioned special resolution has been passed by the me

Bayer, Lufthansa drive gains in Europe amid holiday-thinned trading

European stocks rose to kick off the week on Monday, albeit with the action thinned by holidays in the U.K. and the U.S.

Hulbert: My stock market forecast for June is likely wrong — but watch out for August

The March lows of the coronavirus crash could still be tested, writes Mark Hulbert.

Boost for zero-emission sources as global capital backs Indian solar power

The tumbling tariffs of solar power, however, have slashed the expectations of returns by investors from 14 per cent to 12 per cent

Renewable electricity suppliers gaining ground

Generating capacity of independent producers is just about equal to that of an Eskom power station.

The Future of College Is Online, and It’s Cheaper

The coronavirus forced a shift to virtual classes, but their continuation could be beneficial even after the pandemic ends.

Third level gears up for blended learning

Approach set to become the new norm for many courses as social restrictions disrupt traditional teaching model

Most actively traded companies on the TSX

TORONTO — Some of the most active companies traded Monday on the Toronto Stock Exchange:

Most actively traded companies on the TSX

TORONTO — Some of the most active companies traded Monday on the Toronto Stock Exchange: Toronto Stock Exchange (15,075.42, up 161.78 points.) HEXO Corp. (TSX:HEXO). Health care. Up 21 cents, or 23.86 per cent, to $1.09 cents on 22.3 million shares.

AUD/JPY: Bearish case getting cheaper as each session passes

AUD/JPY has been on the bid at the start of this week and despite ongoing geopolitical tensions that have weighed on commodity markets. There has been

NZD/USD is perched on a fragile branch, struggles to break higher

NZD/USD is trading at 0.6100, +.01% on the day as we head into the early Asian open. The pair has traded between a range of 0.6083 and 0.6108 on what

DA calls for a special inspector-general to monitor govt's Covid-19 relief fund

DA MP Geordin Hill-Lewis said previous localised disasters, as well as regular expenditure, had been lost through illegitimate procurement practices, undue cost escalation and direct theft, which made this a necessity.

DA calls for special inspector-general to prevent graft in relief fund

The party also threatened to table an amendment to the Special Appropriations Bill, should Mboweni not adhere to the request.

Coronavirus lockdown | UK to reopen thousands of shops next month, says Boris Johnson

Johnson is keen to restart an economy which has been all but shut down since Britain entered a lockdown to try to stem the spread of disease.

UK to reopen thousands of shops in easing of coronavirus lockdown – Johnson

LONDON, May 25 (Reuters) - Britain will reopen thousands of high street shops, department stores and shopping centres next month, Prime Minister Boris Johnson said on Monday, setting out a timetable for businesses as part of moves to ease the coronavirus lockdown.

Andhra CM Jaganmohan Reddy shelves TTD's plans to sell devotee-donated lands

In an apparent damage control measure, the Jaganmohan Reddy government has issued an order keeping a decision by the Tirumala Tirupati Devasthanams to liquidate 50 bits of properties in abeyance.

Andhra Pradesh govt directs TTD to stop sale of 50 immovable properties

The Andhra Pradesh government has ordered TTD to stop the sale of its lands and reconsider its decision in view of the sentiments of the devotees.

Intuit Posts 8 Pct Q3 Revenue Hit

Intuit, the maker of financial software TurboTax, QuickBooks and Mint, posted an 8 percent decline in revenue for the quarter ending April 30.

Intuit Posts 8 Pct Q3 Revenue Hit

Intuit, the maker of financial software TurboTax, QuickBooks and Mint, posted an 8 percent decline in revenue for the quarter ending April 30.

FM’s package of no use to micro enterprises: ex-CM

‘A fresh Budget must be presented in Parliament's next session’

99% MSMEs won’t benefit from Centre’s loan scheme: Chavan

As part of the stimulus package to revive small businesses from the financial damage caused by the prolonged coronavirus-induced lockdown, Union Finance Minister Nirmala Sitharaman had announced Rs 3.70 lakh crore collateral-free automatic loans for businesses, including MSMEs.

Shops across England can open next month if guidelines met, PM announces

Non-essential retailers will be allowed to open from June 15, provided the guidelines are met along with the five tests for easing the lockdown.

Shops across England can open next month if guidelines met, PM announces

Non-essential retailers will be allowed to open from June 15, provided the guidelines are met along with the five tests for easing the lockdown.

India looks to store cheap oil in United States: Dharmendra Pradhan

India Business News: India is looking at storing some low priced US oil in facilities there as its local storage is full, oil minister Dharmendra Pradhan said. India’s pla

India looks to store cheap oil in United States: Oil minister

 India is looking at storing some low priced U.S. oil in facilities there as its local storage is full, oil minister Dharmendra Pradhan told CNBC TV18 news channel. India's plan could be similar to a

First there was JobSeeker, then JobKeeper - now it's JobMaker

Scott Morrison has signalled more federal control over skills training, accusing the states of running a system that is complex, clunky and unresponsive.

PM steps in on vocational education, pushing more federal control

Scott Morrison has signalled more federal control over skills training, accusing the states of running a system that is complex, clunky and unresponsive.

'IrrigationNZ congratulates David Bennett as he takes on the agricultural portfolio'

The announcement came today as new National Party Leader, Todd Muller, revealed the line-up of the new look National Party caucus.

IrrigationNZ Congratulates David Bennett

IrrigationNZ wishes to congratulate David Bennett as he takes on the agricultural portfolio for the National Party.

NNPC, subsidiaries have 6,621 staff nationwide – Report

In response to speculations about its staff strength, the Nigerian National Petroleum Corporation (NNPC) has disclosed that it currently has

NNPC has 6,621 staff strength – Report

The Nigerian National Petroleum Corporation (NNPC) says it currently has 6,621 staff strength both at its headquarters and across all its subsidiaries

Five business groups urge Ford to halt commercial evictions amid COVID-19

Five businesses groups are calling on the Ontario government to impose a commercial eviction moratorium during the COVID-19 pandemic.

Five business groups urge Ontario to halt commercial evictions during pandemic

TORONTO — Five business groups are calling on the Ontario government to impose a commercial eviction moratorium during the COVID-19 pandemic.

Five business groups urge Ontario to halt commercial evictions during pandemic

Ontario Premier Doug Ford has previously declined to freeze commercial evictions

Five business groups urge Ontario to halt commercial evictions during pandemic

Five business groups called on the Ontario government on Monday to impose a commercial eviction moratorium during the COVID-19 pandemic, saying many small and medium-sized businesses are at risk of closing.

Malls Lose Rs 90,000 Crore in 2 Months, SCAI Seeks Adequate Relief

In a statement, the industry body said that the Reserve Bank of India's (RBI) relief measures are not adequate to support the liquidity needs of the industry.

Malls lose Rs 90k cr in 2 months: SCAI

IANS New Delhi The Shopping Centres Association of India (SCAI) on Monday said the sector has lost over Rs 90,000 crore in the last two months, owing to t

Digitex Futures Adds Chainlink Integration For Unrivaled Price Data Accuracy

Digitex Futures has revealed a new partnership with Chainlink to provide the most consistent and accurate price data without fluctuation.

Digitex Futures Integrates Chainlink’s On-chain Price Oracles for Added Transparency and Reliability

Digitex Futures, the DGTX token powered, zero-fee cryptocurrency futures trading platform has announced a partnership with Chainlink to integrate the latter’s d

72 per cent professionals wish to continue WFH, 80 per cent believe it will impact air quality: Survey

Another 85 per cent agreed that WFH saved substantial man hours by eliminating commute time. However, as cities reopen partially and news cycles report traffic congestion, how business will complete this transition remains to be observed.

Nearly three-fourths of professionals prefer Work From Home option

Around 7 out of 10 working professionals prefer Work From Home (WFH) option.Further, close to 80 per cent believe that WFH could ensure clean air, and 65 per cent of the respondents call on the Govern

Public sector wage battle looms for the Berejiklian government

The Berejiklian government will face a revolt from the Opposition, Greens and the crossbench in the upper house if it attempts to freeze public sector wages.

Public sector wage battle looms for the Berejiklian government

The Berejiklian government will face a revolt from the Opposition, Greens and the crossbench in the upper house if it attempts to freeze public sector wages.

Forget panic buying, panic driving is next virus fad

The challenge of getting to work using the traditional means of public transport creates a dilemma.

Forget panic buying, panic driving is next virus fad

The challenge of getting to work using the traditional means of public transport creates a dilemma.

From the Archives, 1944: Government announces post-war migration plan

It was "populate or perish" as acting prime minister Frank Forde announced Australia's intention of embarking on an active postwar immigration policy.

From the Archives, 1944: Government announces post-war migration plan

It was "populate or perish" as acting prime minister Frank Forde announced Australia's intention of embarking on an active postwar immigration policy.

PM's economic package 'jumla', less than 1pc of GDP: Prithviraj Chavan

PM's economic package 'jumla', less than 1pc of GDP: Chavan

Senior Congress leader Prithviraj Chavan, incidentally, had demanded a Rs 21 lakh crore package in April this year.

Live: Gathering limit to increase to 100 on Friday

Prime Minister Jacinda Ardern has announced the gathering limit will increase to 100 people from noon this Friday. Ardern said the decision was...

Gathering limit to increase to 100 on Friday

Prime Minister Jacinda Ardern has announced the gathering limit will increase to 100 people from noon this Friday. This means churches can resume...

Siemens to initially keep 45% in Siemens Energy after spin-off: sources

Siemens to initially keep 45% in Siemens Energy after spin-off: sources

Siemens to initially keep 45% in Siemens Energy after spin-off: sources

MUNICH (Reuters) - Siemens is planning to keep a 45% stake in its energy business which the German engineering group wants to spin off later this year, two people close to the matter said on Monday.

Mexico can benefit from Chinese economic slowdown, Lopez Obrador says

MEXICO CITY, May 25 — A slowdown in China’s economy this year should allow Mexico to attract more investment, lure companies and create jobs, Mexican President Andres Manuel Lopez Obrador said today. Speaking at a regular government news conference, Lopez Obrador pointed to forecasters’...

Mexico can benefit from Chinese economic slowdown, Lopez Obrador says

Mexico can benefit from Chinese economic slowdown, Lopez Obrador says

UBS announces global financing team

UBS announces global financing team

UBS announces global financing team

NEW YORK (Reuters) - UBS (UBSG.S) said on Monday it has created a new global financing team, a group that will span across divisions under one group in order to serve clients in a faster and simpler fashion.

3 Reasons Bitcoin Will Ultimately Break Out To The Upside

Market Analysis by Andy Hecht covering: BTC/USD, Bitcoin Futures CME. Read Andy Hecht's Market Analysis on Investing.com

3 Reasons Bitcoin Will Ultimately Break Out To The Upside

Market Analysis by Andy Hecht covering: BTC/USD, Bitcoin Futures CME. Read Andy Hecht's Market Analysis on Investing.com

Toyota, Nissan and Honda gear up for Mexico reboot after COVID-19 lockdowns

MEXICO CITY (Reuters) - Japanese automakers Toyota, Nissan and Honda said they are gradually restarting in Mexico as the nation’s automotive industry reboots in line with a broader economic reopening, despite still-high numbers of new coronavirus cases.

Toyota, Nissan and Honda gear up for Mexico reboot after COVID-19 lockdowns

Toyota, Nissan and Honda gear up for Mexico reboot after COVID-19 lockdowns

Canada's banks to cement status as solid investments in a crisis

(Reuters) - Canadian banks, whose dividends yields climbed during the financial crisis, are again gaining favor with investors, as their pledges to maintain payouts gives them an edge over global counterparts who have shunned them.

Canada's banks to cement status as solid investments in a crisis

Canada's banks to cement status as solid investments in a crisis