Economy 7225 May12:0014:0016:0018:0020:00
Fiera Capital Corp Sells 307 Shares of Aptiv PLC (NYSE:APTV)

25 May 13:40 21 articles

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 […]

25 May 13:40 Markets Daily 6922190226977262902.html
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 […]

25 May 13:08 Markets Daily 6922190227629114086.html
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 […]

25 May 13:40 Markets Daily 6922190227779128077.html
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 […]

25 May 13:08 Markets Daily 6922190228001369028.html
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 […]

25 May 13:54 Markets Daily 6922190228068075267.html
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 […]

25 May 13:54 Markets Daily 6922190227597194137.html
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 […]

25 May 13:08 Markets Daily 6922190228110369540.html
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. […]

25 May 13:02 Markets Daily 6922190228195654712.html
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 […]

25 May 13:08 Markets Daily 6922190228426476108.html
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 […]

25 May 13:08 Markets Daily 6922190228634683974.html
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 […]

25 May 13:08 Markets Daily 6922190228779075081.html
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 […]

25 May 13:08 Markets Daily 6922190227501994664.html
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 […]

25 May 13:54 Markets Daily 6922190227276035339.html
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 […]

25 May 13:08 Markets Daily 6922190227127191101.html
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 […]

25 May 13:08 Markets Daily 6922190227072489623.html
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 […]

25 May 13:27 Markets Daily 6922190228289425633.html
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 […]

25 May 13:18 Markets Daily 6922190227275306829.html
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 […]

25 May 13:06 Markets Daily 6922190227999535087.html
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 […]

25 May 13:08 Markets Daily 6922190227563258769.html
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 […]

25 May 13:18 Markets Daily 6922190228489413726.html
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 […]

25 May 13:08 Markets Daily 6922190227393639448.html
EU’s Von der Leyen to begin ‘trillion-euro’ recovery battle

25 May 13:47 3 articles

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.

25 May 13:47 Reuters 8334514179695308636.html
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

25 May 13:01 Yahoo 7097669637072481091.html
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...

25 May 13:53 Malaymail 302165934902823244.html
50 insiders reveal all on a massive shakeup at elite law firm Boies Schiller

25 May 13:54 3 articles

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.

25 May 13:54 Business Insider 6060062400906030609.html
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.

25 May 13:54 Business Insider Malaysia 8325046883721702929.html
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

25 May 13:54 www.businessinsider.sg 5090408757137272337.html
Celsius: Hold On For The Ride

25 May 13:33 3 articles

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

25 May 13:33 Seeking Alpha 5725634556170596676.html
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

25 May 13:59 Seeking Alpha 5725634556607246323.html
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

25 May 13:37 Seeking Alpha 5725634557777834945.html
First there was JobSeeker, then JobKeeper - now it's JobMaker

25 May 13:30 2 articles

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.

25 May 13:30 The Canberra Times 8662394329991942996.html
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.

25 May 13:30 The Canberra Times 8662394329804127400.html
Bharti Airtel promoter to raise USD 1 billion through equity

25 May 13:13 2 articles

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.

25 May 13:13 Bloomberg | Quint 7403450740671511555.html
Bharti Airtel promoter to raise USD 1 billion through equity

25 May 13:58 Free Press Journal 9080771787657208979.html
Liz Weston: Find free, solid money advice in uncertain times

25 May 13:54 2 articles

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

25 May 13:54 iNFOnews.ca 6669504244626796241.html
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

25 May 13:53 THE OKLAHOMAN 7193318761137069159.html
GBP/USD clings to modest gains, bulls await a move beyond 1.2200 mark

25 May 13:12 2 articles

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

25 May 13:12 FXStreet 4480975639825422469.html
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

25 May 13:53 FXStreet 4480975638932103356.html
Nigeria’s economic growth slows to 1.87% in Q1’2020

25 May 13:26 2 articles

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

25 May 13:26 BusinessLine 5283601353977549.html
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).

25 May 13:53 Vanguard News 4125100338843493008.html
German court ruling clears the way to settle VW diesel cases

25 May 13:15 2 articles

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

25 May 13:15 Rappler 1882105643486821628.html
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.

25 May 13:45 THE OKLAHOMAN 7193318762551826924.html
Business gives Ramaphosa’s plan to reopen economy the thumbs up

25 May 13:32 1 article

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.

25 May 13:32 TechCentral 724913819441708283.html
‘Inclusive, affordable’ South Surrey project aims to meet ‘desperate’ housing need

25 May 13:30 1 article

‘Inclusive, affordable’ South Surrey project aims to meet ‘desperate’ housing need

Public consultation on 91-unit ‘Harmony’ to launch online next month

25 May 13:30 North Delta Reporter 5327740410670652686.html
Bust-up over climate weighs on EU-UK talks, risks trade rifts

25 May 13:59 1 article

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

25 May 13:59 Yahoo 7097669638493567135.html
Neobank N26 Executive Predicts there will be As Many Digital Bank Accounts as Traditional Ones, but Global Fintech Reports Suggest Otherwise

25 May 13:21 1 article

Neobank N26 Executive Predicts there will be As Many Digital Bank Accounts as Traditional Ones, but Global Fintech Reports Suggest Otherwise

Digital banks are on track to serve as many clients in Ireland as traditional banking service providers, according to N26, an all-digital challenger t

25 May 13:21 Crowdfund Insider 6834688072252952060.html
National Trust ‘deeply concerned’ as Sizewell C plans about to be submitted

25 May 13:52 1 article

National Trust ‘deeply concerned’ as Sizewell C plans about to be submitted

National Trust bosses are “deeply concerned” about the impact a new nuclear power station could have on an “irreplaceable stretch” of the Suffolk coast and say they are still waiting for vital information about the project.

25 May 13:52 East Anglian Daily Times 681138152586032595.html
Financial aid to farmers

25 May 13:45 1 article

Financial aid to farmers

‘Jaivagriham’ project envisages income to peasants

25 May 13:45 The Hindu 6679535024717752576.html
BC Hydro orders curtailments

25 May 13:01 1 article

BC Hydro orders curtailments

At least one independent power producer in B.C. has been told by BC Hydro to stop producing power, as a result of plummeting demand during the COVID-19 pandemic.

25 May 13:01 Castanet 616068601756396337.html
Okinawa Oki100: First 100% 'desi' electric motorcycle to cost around Rs 1 lakh

25 May 13:54 1 article

Okinawa Oki100: First 100% 'desi' electric motorcycle to cost around Rs 1 lakh

News News: GURUGRAM: Okinawa will launch 100% localized, first-electric motorcycle, Oki100 in the third quarter of the financial year 2020-21 at around Rs 1 lakh.

25 May 13:54 The Times of India 6060938664272175865.html
We deserve a better deal: All India Radio RJs unpaid since lockdown, Prasar Bharati not yielding

25 May 13:22 1 article

We deserve a better deal: All India Radio RJs unpaid since lockdown, Prasar Bharati not yielding

India News: Despite Prime Minister Narendra Modi’s repeated appeals besides letters from the finance and labour ministries to not fire employees or cut their wage

25 May 13:22 The Times of India 6060938664146328889.html
Bushfire royal commission: ‘Black Summer’ not just a one-off

25 May 13:46 1 article

Bushfire royal commission: ‘Black Summer’ not just a one-off

Australia faces even more dangerous bushfire conditions in the future, say scientists who warn the devastating 2019-20 blazes are not a one-off event.

25 May 13:46 The New Daily 5848147786880131776.html
How Netgear Is More Than Just A 5G Play

25 May 13:37 1 article

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

25 May 13:37 Seeking Alpha 5725634557566823453.html
Scott Sumner On The Government's Response To COVID-19 And The Future Of Level Targeting

25 May 13:27 1 article

Scott Sumner On The Government's Response To COVID-19 And The Future Of Level Targeting

The Fed needs to be more aggressive addressing the macroeconomic problems stemming from COVID-19, and adopting a level target may be one solution. Scott Sumner

25 May 13:27 Seeking Alpha 5725634556018941600.html
CEFs Vs. The Gone Fishin' Portfolio

25 May 13:41 1 article

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

25 May 13:41 Seeking Alpha 5725634556114253203.html
Fixed Exchange Rate: More harm than good

25 May 13:16 1 article

Fixed Exchange Rate: More harm than good

The Reserve Bank of Zimbabwe suspended the new managed floating exchange rate and introduced the fixed exchange rate of 1 US Dollar to 25 Zimbabwean Dollars on ...

25 May 13:16 Bulawayo24 News 5565663538559378149.html
U.S Buys 300 Million Covid Vaccines from Gates-Affiliated Drug Maker

25 May 13:04 1 article

U.S Buys 300 Million Covid Vaccines from Gates-Affiliated Drug Maker

The tech company created a tool based on a method of hypnosis called Neuro-Linguistic Programming (NLP).

25 May 13:04 Breaking Israel News 540123161462874406.html
PM's economic package 'jumla', less than 1pc of GDP: Prithviraj Chavan

25 May 13:01 1 article

PM's economic package 'jumla', less than 1pc of GDP: Prithviraj Chavan

25 May 13:01 Free Press Journal 9080771787326694178.html
Sweden Sets Up First 5G Network with Its Major Telecom Companies

25 May 13:30 1 article

Sweden Sets Up First 5G Network with Its Major Telecom Companies

Three major companies in Sweden, Telia, Tele 2, and Tre Sweden, have announced their launch dates and expansions of 5G networks in the country, starting this month.

25 May 13:30 Interesting Engineering 7328942541190486083.html
Supplies of smartphones, tablets, laptops hit due to lower production & distribution workforce

25 May 13:33 1 article

Supplies of smartphones, tablets, laptops hit due to lower production & distribution workforce

Two senior industry executives said brands like Apple, Xiaomi, Oppo, Vivo and Realme are facing supply issues with operational plants running at 30-35% capacity and several warehouses are not able to operate normally.

25 May 13:33 The Economic Times 7653256036928665429.html
Hospitals flush with cash got billions in coronavirus bailouts

25 May 13:37 1 article

Hospitals flush with cash got billions in coronavirus bailouts

The feds have given more than $5 billion in grants to 20 big hospital chains that already had more than $108 billion in cash.

25 May 13:37 New York Post 7654946767525910728.html
Hertz files for US bankruptcy protection as car rentals evaporate in pandemic

25 May 13:26 1 article

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.

25 May 13:26 The Jakarta Post 7678601103714124089.html
Gucci announces plans to cut back to 2 fashion shows a year as the coronavirus pandemic ravages the luxury fashion industry

25 May 13:10 1 article

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.

25 May 13:10 Business Insider Nederland 7680839748163300899.html
Korean Air to offer W300b in new shares as collateral for fresh liquidity injection

25 May 13:12 1 article

Korean Air to offer W300b in new shares as collateral for fresh liquidity injection

  Korea's top air carrier Korean Air Lines Co. decided Monday to offer 300 billion won ($242 million) worth of new shares as collateral to receive fresh financial support from creditor banks as it seeks to tide over a liquidity crunch. In April, the Korea Development Bank (KDB) and the Export-Import Bank of Korea (Exim Bank) decided to extend 1.2 trillion won in liquidity to the country's flag carrier hit by th...

25 May 13:12 Koreaherald 8029273603355970499.html
Covid-19: Minister confirms review of special unemployment payment

25 May 13:41 1 article

Covid-19: Minister confirms review of special unemployment payment

Figures show 35,600 people who were receiving the benefit are now returning to work

25 May 13:41 The Irish Times 8204772968233287113.html
Jobless benefit requests by Portugal's young spike 52% during pandemic

25 May 13:34 1 article

Jobless benefit requests by Portugal's young spike 52% during pandemic

LISBON (Reuters) - The number of Portuguese young people requesting jobless benefits spiked 52% last month from a year earlier, way above the increase for other age groups, amid the coronavirus lockdown, data showed on Monday

25 May 13:34 Reuters 8334514180607642799.html
Bank of Israel leaves rates unchanged, sees less economic damage in 2020

25 May 13:56 1 article

Bank of Israel leaves rates unchanged, sees less economic damage in 2020

JERUSALEM (Reuters) - The Bank of Israel left its benchmark interest rate ILINR=ECI at 0.1% on Monday, saying economic damage from the coronavirus outbreak was likely to be less than initially feared.

25 May 13:56 Reuters 8334514181714389242.html
Indian Tea industry suffers loss of Rs 2100 crore in WB and Assam

25 May 13:13 1 article

Indian Tea industry suffers loss of Rs 2100 crore in WB and Assam

Kolkata: The tea industry in two states, West Bengal and Assam is staring at a loss of around Rs 2,100 crore due to the Covid-19 pandemic as production has dipped by a whopping 65 percent in the past two months.

25 May 13:13 First Post Of India 844080066795974639.html
STC first in MENA to join GSMA APAC IoT Partnership Program

25 May 13:53 1 article

STC first in MENA to join GSMA APAC IoT Partnership Program

The STC Group has signed a non-binding memorandum of understanding with the GSMA to join the GSMA Asia Pacific (APAC) IoT Partnership Program, one of the most extensive Internet of Things (IoT) communities worldwide. By signing this memo, the STC Group becomes the first mobile network operator region wide to be a part of the program.

25 May 13:53 Arab News 8912634264651511751.html
Egypt plans EGP 19bn investments in petrochemical projects

25 May 13:41 1 article

Egypt plans EGP 19bn investments in petrochemical projects

Cairo - Mubasher: The Egyptian Ministry of Petroleum and Mineral Resources is considering the implementation of 11 new petrochemical projects at a total value of around EGP 19 billion, Minister of Petroleum and Mineral Resources Tarek El-Mulla …

25 May 13:41 english.mubasher.info 8917853138645801494.html
Bayer, Lufthansa drive gains in Europe amid holiday-thinned trading

25 May 13:00 1 article

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.

25 May 13:00 MarketWatch 8975941549921557884.html
Eidoo Partners with Contis to Launch a Visa Crypto Card

25 May 13:00 1 article

Eidoo Partners with Contis to Launch a Visa Crypto Card

Eidoo has announced its partnership with Contis, a principal member of Visa Europe, to launch a new Visa-enabled crypto debit card.

25 May 13:00 Finance Magnates 8992138265823130561.html
Bithumb Names Back Young Heo as Its New CEO

25 May 13:54 1 article

Bithumb Names Back Young Heo as Its New CEO

South Korean crypto exchange Bithumb has promoted Back Young Heo as its new chief executive officer (CEO).

25 May 13:54 Finance Magnates 8992138265841184731.html
BonelliErede appoints two partners in Ethiopia

25 May 13:39 1 article

BonelliErede appoints two partners in Ethiopia

The two young and energetic Ethiopian lawyers appointed to serve BonelliErede are Seble Geberegiorgis Baraki and Weynalem Weldesenbet, according to the statement from the company. The Addis Ababa team is part of BonelliErede’s broader Africa Team, which boosts 40+ professionals across Europe, the Middle East and Africa. Seble Geberegiorgis Baraki (34) is an expert in corporate, commercial and IP matters and has been practising law for more than 10 years. She holds an LL.B. from Addis Ababa University and an LL.M. in European IP Law from the University of Stockholm.

25 May 13:39 New Business Ethiopia 4287479609808778805.html
Commercial real estate to move northwards in Tier 2 markets post Covid-19

25 May 13:51 1 article

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.

25 May 13:51 The Financial Express 1288289581111711758.html
Want to buy car or bike for social distancing? These points will guide you

25 May 13:12 1 article

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.

25 May 13:12 The Financial Express 1288289581249431894.html
German gov't to climb aboard at Lufthansa in virus rescue

25 May 13:55 1 article

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.

25 May 13:55 Rappler 1882105642766046035.html
Lottery throws millions more at dodgy projects

25 May 13:02 1 article

Lottery throws millions more at dodgy projects

The National Lotteries Commission has refused to disclose its beneficiaries. But we found them. By Raymond Joseph and Anton van Zyl

25 May 13:02 Daily Maverick 2373996787837116198.html
Mexico can benefit from Chinese economic slowdown, Lopez Obrador says

25 May 13:36 1 article

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’...

25 May 13:36 Malaymail 302165934636682336.html
Genting Malaysia Bhd to undertake MSS, VSS for employees in Covid-19 restructuring exercise

25 May 13:25 1 article

Genting Malaysia Bhd to undertake MSS, VSS for employees in Covid-19 restructuring exercise

KUALA LUMPUR, May 25 — Genting Malaysia Bhd (GENM) announced today it will undertake mutual and voluntary separation schemes for its employees to further mitigate the adverse financial impact from the ongoing Covid-19 pandemic. In an internal memo circulated to its employees sighted by Malay...

25 May 13:25 Malaymail 302165934755692849.html
Australian economy must come off Covid-19 ‘life support’, PM to say

25 May 13:03 1 article

Australian economy must come off Covid-19 ‘life support’, PM to say

SYDNEY, May 25 — Australia’s economy must not become reliant on government stimulus, Prime Minister Scott Morrison will say tomorrow, as Canberra unwinds state support and accelerates plans to spur growth. Australia has reported just over 7,100 Covid-19 infections, including 102 deaths. That is...

25 May 13:03 Malaymail 302165935625866993.html
Germany mulls €50,000 a month for stricken firms

25 May 13:11 1 article

Germany mulls €50,000 a month for stricken firms

FRANKFURT AM MAIN, May 25 — Germany’s economy ministry today unveiled plans to ramp up support for hard-hit smaller companies, proposing as much as €50,000 (US$54,000) in monthly aid to help the nation’s vaunted “Mittelstand” survive the coronavirus crisis. The proposal, seen by AFP, is...

25 May 13:11 Malaymail 302165936324961359.html
Citi warns that coronavirus may push 31 million women into unemployment and knock $1 trillion from world GDP

25 May 13:00 1 article

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....

25 May 13:00 Business Insider 3364799146630454680.html
Africa's COVID-19 recovery should harness the benefits of nature and conservation

25 May 13:20 1 article

Africa's COVID-19 recovery should harness the benefits of nature and conservation

Today, as we celebrate International Day of Biodiversity, the global community is called to re-examine our relationship to the natural world. We celebrate this day in the midst of the COVID-19 pandemic ...

25 May 13:20 phys.org 3476726123576808651.html
I refinanced my mortgage during COVID-19, and thanks to low interest rates I'll save about $50,000

25 May 13:04 1 article

I refinanced my mortgage during COVID-19, and thanks to low interest rates I'll save about $50,000

When my wife and I bought our home about three years ago, we were thrilled to just be approved for a loan. As a newly self-employed writer, we definitely had to jump through a few hoops to buy our home despite credit scores above 800.

25 May 13:04 Pulse Live 3606876836174887153.html
Tafi Mhaka: Europe should pay reparations for colonising Africa

25 May 13:37 1 article

Tafi Mhaka: Europe should pay reparations for colonising Africa

By Tafi Mhaka Rhodes infamously said, "I contend that we are the first race in the world, and that the more of the world we inhabit the better it is for the human race." That perceived superiority inspired heinous colonial crimes and led to the establishment of “Rhodesia”. To Rhodes, conquering Africa appealed to his white supremacist leanings and he found meaning in illogical tropes that justified founding a perverse brand of extractive capitalism. It facilitated the long and reckless extraction of petroleum, copper, chromium, platinum and gold for export to Europe, and enabled colonisers to monopolise land ownership. This while Britain, France and Germany built the political systems that aided economic plunder. Hence, the case for reparations is strong and just: compensating Africa for decades of multifaceted colonial exploitation is both a moral and financial imperative.

25 May 13:37 Nehanda Radio 3802011524292403598.html
NAB's rod for its own back

25 May 13:30 1 article

NAB's rod for its own back

NAB will reveal the results of a share purchase plan that might be heavily oversubscribed on Wednesday.

25 May 13:30 Australian Financial Review 3974284487441037269.html
Air Canada’s Bid for Transat Gets Extended EU Merger Probe

25 May 13:30 1 article

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.

25 May 13:30 Bloomberg.com 4032480120794529661.html
Breaking: Africa Top Brands: MTN, Dangote emerges most admired African brands

25 May 13:53 1 article

Breaking: Africa Top Brands: MTN, Dangote emerges most admired African brands

MTN, Dangote has emerged the most admired African brands at the 10th Brand Africa 100, Africa's Top Brands anniversary.

25 May 13:53 Vanguard News 4125100340685670179.html
Ed-tech startup to offer free AI, coding & robotics courses for children in rural areas

25 May 13:04 1 article

Ed-tech startup to offer free AI, coding & robotics courses for children in rural areas

Robochamps, an edtech start-up dedicated to introducing kids to early AI education, recently launched online courses in robotics and coding in multiple languages, including Hindi, Gujarati, Punjabi, a

25 May 13:04 BusinessLine 5283600163128954.html
India's oil minister: India's June fuel demand to reach year-ago level

25 May 13:36 1 article

India's oil minister: India's June fuel demand to reach year-ago level

India's oil and steel minister Dharmendra Pradhan said on Monday that India's fuel demand is expected to reach the "year-ago level" in June, as report

25 May 13:36 FXStreet 4480975638492212028.html
USD/CAD stays below 1.4000 ahead of Poloz speech

25 May 13:09 1 article

USD/CAD stays below 1.4000 ahead of Poloz speech

Similar to other major currency pairs, USD/CAD is moving sideways in a tight channel on Monday amid thin trading conditions. As of writing, the pair w

25 May 13:09 FXStreet 4480975638248219922.html
USD/MXN: Slight relief for the peso – CIBC

25 May 13:52 1 article

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

25 May 13:52 FXStreet 4480975638906034117.html
EUR/GBP alternates gains with losses near 0.8950

25 May 13:28 1 article

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

25 May 13:28 FXStreet 4480975639504793743.html
Oil New York Price Forecast: WTI recovery limited below 34.25 level

25 May 13:40 1 article

Oil New York Price Forecast: WTI recovery limited below 34.25 level

The crude oil recovery is taking a break after making fresh May’s highs. WTI is trading above its main SMAs on the four-hour benefiting bullish momentum in th

25 May 13:40 FXStreet 4480975639689550971.html
EUR/USD: At risk of extending its slide

25 May 13:33 1 article

EUR/USD: At risk of extending its slide

The EUR/USD pair hovers around the 1.0900 level in a quiet start to the week, with the shared currency founding support in a better than anticipated G

25 May 13:33 FXStreet 4480975640034863787.html
Lockdown impact: Tourism companies staring at complete shutdown, seek government aid

25 May 13:20 1 article

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.

25 May 13:20 The New Indian Express 4718288654396831578.html
Kotak Mahindra Bank cuts interest rates for savings accounts to 3.50%, effective from today; applicable on balance up to Rs 1 lakh

25 May 13:23 1 article

Kotak Mahindra Bank cuts interest rates for savings accounts to 3.50%, effective from today; applicable on balance up to Rs 1 lakh

The change in interest rates at Kotak Mahindra Bank comes after the Reserve Bank of India on Friday reduced the repo rate by 40 basis points to 4 percent from 4.4 percent earlier.

25 May 13:23 Firstpost 4760741712462355302.html
Coronavirus: Central Government plans to speed access to global vaccine

25 May 13:09 1 article

Coronavirus: Central Government plans to speed access to global vaccine

Coronavirus: Central Government plans to speed access to global vaccine: - Summary of the Gallery

25 May 13:09 Lokmat English 4809197829698997973.html
RBI And MPC Should Junk Monetary Policy Calendar In Times Of Covid-19, Act Preemptively To Avert Crisis

25 May 13:27 1 article

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.  

25 May 13:27 Swarajya 4977622830294415722.html
Omani Oil prices show upward trend

25 May 13:52 1 article

Omani Oil prices show upward trend

The price of Omani oil continued to rise, with prices for delivery by next July reaching $37.02 USD on the Dubai Energy Market on Monday

25 May 13:52 Times of Oman 5168079154700244331.html
Main Tera Hero Box Office: Here’s The Daily Breakdown Of Varun Dhawan, Nargis Fakhri & Ileana D’Cruz’s 2014 Comedy

25 May 13:14 1 article

Main Tera Hero Box Office: Here’s The Daily Breakdown Of Varun Dhawan, Nargis Fakhri & Ileana D’Cruz’s 2014 Comedy

Main Tera Hero Box Office: Varun Dhawan, Ileana D'Cruz & Nargis Fakhri's comedy Main Tera Hero hit the Box Office in 2014 and was liked by the audience. The David Dhawan directed film wasn't a g

25 May 13:14 Koimoi 5184275669737653188.html
S&P/TSX composite starts week higher, U.S. stock markets closed for holiday

25 May 13:50 1 article

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.

25 May 13:50 KitchenerToday.com 52741010222503196.html
Vedanta’s delisting plan: What choice do shareholders have?

25 May 13:13 1 article

Vedanta’s delisting plan: What choice do shareholders have?

The price of ₹87.5 per share indicated by the company may be too low; but investors have the choice of placing their bids higher

25 May 13:13 BusinessLine 5283600132272718.html