Economy 6925 May12:0014:0016:0018:0020:00
Germany Will Take Lufthansa Stake in Landmark $9.8 Billion Bailout

25 May 15:16 5 articles

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.

25 May 15:16 Bloomberg.com 4032480122180150288.html
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.

25 May 15:32 BNN 3833521687972809371.html
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.

25 May 15:30 Reuters 8334514180144786197.html
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

25 May 15:09 Yahoo 7097669637180540627.html
German government agrees €9B Lufthansa bailout

The deal still needs to be approved by the European Commission’s competition team.

25 May 15:16 POLITICO 2584151347103257632.html
Realtors body Credai write to PM seeking more funding, loan restructuring

25 May 15:55 5 articles

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

25 May 15:55 Business-Standard 1502508926039556130.html
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

25 May 15:15 The Navhind Times 3656927213974879687.html
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.

25 May 15:29 India News, Breaking News, Entertainment News | India.com 7150386084300530146.html
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.

25 May 15:35 India News, Breaking News, Entertainment News | India.com 7150386084201023266.html
States pitch for maximum permissible use of Consolidated Sinking Find

Some States complain that despite easing of rules, the RBI has approved for smaller quantum of funds

25 May 15:26 BusinessLine 5283600527919971.html
Insider Weekends: Moderna Executives Go On A Selling Spree

25 May 15:20 4 articles

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

25 May 15:20 Seeking Alpha 5725634557076287882.html
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 […]

25 May 15:30 Markets Daily 6922190227238947754.html
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 […]

25 May 15:38 Markets Daily 6922190228935388814.html
US tech execs have dumped $3.6 billion in company stock this month

Top execs from Facebook, General Electric, Cloudflare, and Activision all have sold small fortunes worth of stock this month.

25 May 15:13 Hard Fork | The Next Web 3990801509069654642.html
CBIC clears Rs 11,052 cr GST refund claims since April 8

25 May 15:56 2 articles

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

25 May 15:56 Business-Standard 1502508924795866633.html
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.

25 May 15:53 The Financial Express 1288289580772771639.html
Digitex Futures Adds Chainlink Integration For Unrivaled Price Data Accuracy

25 May 15:00 2 articles

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.

25 May 15:00 Bitcoinist.com 1696346937180212982.html
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

25 May 15:00 NewsBTC 7232133510612450893.html
Bharti Telecom to sell $1 bn stake in Airtel through block deal

25 May 15:38 2 articles

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

Promoters plan to sell 2.75% stake

25 May 15:38 BusinessLine 5283601086125209.html
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

25 May 15:16 The Navhind Times 3656927215616515388.html
MTN, Airtel re-instate mobile money sending charges

25 May 15:40 2 articles

MTN, Airtel re-instate mobile money sending charges

Kampala, Uganda | THE INDEPENDENT | Telecom giants MTN Uganda and Airtel have announced they will be re-instating their charges on sending money ending the suspension that was meant to make it easy for users to go through the lockdown. During the last two months of the lockdown, customers were allowed to send money on …

25 May 15:40 The Independent Uganda: 5099025990581136451.html
MTN and Airtel Uganda re-introduce 50% discount on Person to Person and Mobile Wallet to bank transactions – Techjaja

MTN and Airtel Uganda will effective from 26th May 2020, re-introduce a 50% discount to standard tariffs for 30 days on all Mobile Money an

25 May 15:05 Techjaja 8656724907426450772.html
Factbox: EU recovery fund - the battle lines

25 May 15:07 2 articles

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.

25 May 15:07 Reuters 8334514181497051829.html
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.

25 May 15:05 Reuters 8334514181689669020.html
Cross-Border Investing: The Most Active US-Based VCs in Africa

25 May 15:12 1 article

Cross-Border Investing: The Most Active US-Based VCs in Africa

Africa’s evolution to cross-border investing has been interesting, but more so, challenging for Venture Capitalists. Traditionally, VCs pump money into businesses and geographies they understand, while tending to be skeptical about businesses in emerging markets. Concerns around regulatory risks, regional stability, market size, distance from their headquarters which increase oversight costs, all have at one point made it difficult to get U.S-based VCs on board.  A decade back, only a few for-profit early-stage investors were attracted to Africa,  with citations of  “a slim picking away from social investing.”  The playing field was therefore left to non-profits and social-focused investors. However, the arrival of specialized funds led by development finance institutions such as the International Finance Organization (IFC), Acumen, and Overseas Private Investment Corporation (OPIC), has slowly transformed early-stage company financing across the continent to include top-tier VC investors from the U.S. Similarly…

25 May 15:12 WeeTracker 6939661661220906900.html
Home, auto loan borrowers top beneficiaries of moratorium relief

25 May 15:35 1 article

Home, auto loan borrowers top beneficiaries of moratorium relief

SurabhiEven as the Reserve Bank of India announced extension of the moratorium on term loans by another three months till August 31, industry data reveal that auto and home loans are the major segment

25 May 15:35 BusinessLine 5283601626749236.html
N.L. launches $25-million program to support tourism sector hit by COVID-19 pandemic

25 May 15:17 1 article

N.L. launches $25-million program to support tourism sector hit by COVID-19 pandemic

Small and medium-sized tourism operators can apply for one-time funding contributions of $5,000 or $10,000, depending on their gross sales

25 May 15:17 The Globe and Mail 68426411706727652.html
Nissan says preparing to gradually restart Mexico operations

25 May 15:06 1 article

Nissan says preparing to gradually restart Mexico operations

The automaker will begin with vehicle and autoparts manufacturing activities

25 May 15:06 The Globe and Mail 68426410057278747.html
Blockchain Adoption: China’s National People’s Congress and Parliament to Review DLT Fund Proposal

25 May 15:44 1 article

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

25 May 15:44 Crowdfund Insider 6834688073705487195.html
Officials told to help draw up crop plans at village level

25 May 15:11 1 article

Officials told to help draw up crop plans at village level

Farmers urged to strictly follow government advice on cropping pattern

25 May 15:11 The Hindu 6679535024974398293.html
Food scrap ban delayed

25 May 15:00 1 article

Food scrap ban delayed

The Regional District of North Okanagan has delayed implementation of a food scraps ban for commercial organizations.

25 May 15:00 Castanet 616068602106483629.html
Ombudsman awards theft victim £190K

25 May 15:00 1 article

Ombudsman awards theft victim £190K

A WOMAN received more than £190,000 from her insurance company following the theft of two rings – after she took the case to the Channel Islands Financial Ombudsman when her claim was rejected.

25 May 15:00 Jersey Evening Post 6141642774370030372.html
Walmart Mexico pays Mexico about $359 million in back taxes

25 May 15:35 1 article

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 …

25 May 15:35 City NEWS 1130 5858657119733501856.html
Precious Metals: Panic Buying Is Unsustainable

25 May 15:25 1 article

Precious Metals: Panic Buying Is Unsustainable

Herding behavior can sustain rallies, but the extreme in PMs is unsustainable. Gold rallies hardest when it garners the least attention. Physical buying indicat

25 May 15:25 Seeking Alpha 5725634557534210381.html
Qualys: Revenue Guidance Appears Choppy But Valuation Reasonable

25 May 15:23 1 article

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

25 May 15:23 Seeking Alpha 5725634556361046610.html
Sberbank: The Downside Is Limited

25 May 15:43 1 article

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

25 May 15:43 Seeking Alpha 5725634557380054516.html
Māori Party Co-leader Calls On Government To Lift Incomes Of All Beneficiaries

25 May 15:06 1 article

Māori Party Co-leader Calls On Government To Lift Incomes Of All Beneficiaries

Māori Party Co-leader calls on Government to lift incomes of all beneficiaries, not just those out of work from COVID-19

25 May 15:06 SCOOP 5315658998455849471.html
Rushed Log Legislation Deserves The Chop

25 May 15:24 1 article

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.

25 May 15:24 SCOOP 5315658998306239712.html
Mubadala exempts tenants from lease for three months

25 May 15:41 1 article

Mubadala exempts tenants from lease for three months

UAE- Mubasher: Mubadala Real Estate and Infrastructure (MREI) will exempt retail tenants at its Abu Dhabi mall, Galleria Al Maryah Island, from paying the monthly lease. The tenants will be provided with a rent-free exemption over three months …

25 May 15:41 english.mubasher.info 8917853138233170605.html
EU watchdog hopeful most banks can absorb €380bn pandemic hit

25 May 15:23 1 article

EU watchdog hopeful most banks can absorb €380bn pandemic hit

Buffers ‘should be sufficient’ to protect lenders in short term, says European Banking Authority

25 May 15:23 Ft 707176888438477750.html
UK, Nigeria pledge to sustain trade relations amid CoVID-19

25 May 15:14 1 article

UK, Nigeria pledge to sustain trade relations amid CoVID-19

With Covid-19 continuing to affect supply chains, trade and global investment flows, the United Kingdom and Nigeria authorities have pledged commitment

25 May 15:14 The Guardian 7580308504504071183.html
As lockdown starts opening up, sales of immunity boosting foods double; FSSAI issues guidelines

25 May 15:34 1 article

As lockdown starts opening up, sales of immunity boosting foods double; FSSAI issues guidelines

Sales of immunity-boosting foods have shot up by an estimated 20-40%. Online searches for such products have gone up six-fold, with ayurvedic home remedies, giloy and vitamin C dominating, according to a report by Google.

25 May 15:34 The Economic Times 7653256036557866813.html
Book sales soar as French lockdown eases

25 May 15:50 1 article

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.

25 May 15:50 The Jakarta Post 7678601103156254295.html
Dozens of Chinese companies added to US blacklist in latest Beijing rebuke

25 May 15:08 1 article

Dozens of Chinese companies added to US blacklist in latest Beijing rebuke

The blacklisted companies focus on artificial intelligence and facial recognition, markets that US chip companies such as Nvidia Corp and Intel Corp have been heavily investing in.

25 May 15:08 The Jakarta Post 7678601103020734200.html
Japan eyes fresh $930b stimulus, to end Tokyo's state of emergency

25 May 15:14 1 article

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.

25 May 15:14 The Jakarta Post 7678601103064685573.html
Office supply wholesaler Spicers Ireland is rescued from liquidation

25 May 15:30 1 article

Office supply wholesaler Spicers Ireland is rescued from liquidation

The sale of the business includes the trade and stock and will see Paragon Group take assignment of the lease of the Spicers Ireland depot at Citywest in Dublin. Picture: iStock

25 May 15:30 Irishexaminer 8196011179199811003.html
Bayer said to settle up to 125k cancer legal cases in US involving Roundup weed killer

25 May 15:45 1 article

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.

25 May 15:45 Irishexaminer 8196011178943133316.html
Engineers want the Government to increase spending to stimulate the economy

25 May 15:10 1 article

Engineers want the Government to increase spending to stimulate the economy

The Government needs to take advantage of the low cost of borrowing for capital projects to increase spending and stimulate economic recovery, the new President of the Association of Consulting Engineers of Ireland (ACEI) has said.

25 May 15:10 Irishexaminer 8196011180047557224.html
German sentiment survey boosts stocks, Europe focuses on recovery fund

25 May 15:57 1 article

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.

25 May 15:57 Reuters 8334514180326085122.html
Germany's Scholz: Lufthansa rescue package should yield 'small profit' for state

25 May 15:29 1 article

Germany's Scholz: Lufthansa rescue package should yield 'small profit' for state

BERLIN (Reuters) - Germany’s rescue package for flagship carrier Lufthansa (LHAG.DE) is a “very, very good solution” that is taking into account the needs of both the company and taxpayers, Finance Minister Olaf Scholz said on Monday.

25 May 15:29 Reuters 8334514181177988566.html
Lufthansa has good prospects for future: German ministries

25 May 15:13 1 article

Lufthansa has good prospects for future: German ministries

BERLIN (Reuters) - The German Finance and Economy Ministries on Monday said Lufthansa (LHAG.DE) was an operationally healthy company before the coronavirus outbreak, as well as profitable and with good future prospects, but had got into trouble due to the pandemic.

25 May 15:13 Reuters 8334514181388291122.html
Builders push for $40k home buyer grant to stave off construction crisis - but Barr says no

25 May 15:00 1 article

Builders push for $40k home buyer grant to stave off construction crisis - but Barr says no

Chief Minister Andrew Barr said the policy would drive up house prices.

25 May 15:00 The Canberra Times 8662394328343721073.html
Why did a cloth brand once promoted by Bond and Bachchan shut shop in India?

25 May 15:00 1 article

Why did a cloth brand once promoted by Bond and Bachchan shut shop in India?

Did miscalculated branding end the 180-year brand’s run in India?

25 May 15:00 Scroll.in 8669301693737524539.html
Guy Laliberte wants to buy back Cirque du Soleil, keep headquarters in Montreal

25 May 15:30 1 article

Guy Laliberte wants to buy back Cirque du Soleil, keep headquarters in Montreal

Cirque du Soleil founder Guy Laliberte says he wants to buy back the internationally celebrated circus company he created more than 35 years ago.

25 May 15:30 Montreal 8735609773397879450.html
Lufthansa secures €9b German state rescue deal, say airline, government

25 May 15:18 1 article

Lufthansa secures €9b German state rescue deal, say airline, government

FRANKFURT AM MAIN, May 25 — Berlin and coronavirus-stricken airline giant Lufthansa agreed today on a nine-billion-euro (US$9.8 billion) rescue package subject to approval by shareholders and competition authorities, the company and Germany’s economy ministry said. “Before the coronavirus...

25 May 15:18 Malaymail 302165935202324783.html
Life insurance firms record 45% degrowth in April, but post-COVID future bright

25 May 15:18 1 article

Life insurance firms record 45% degrowth in April, but post-COVID future bright

Insurance sector will face headwinds in Q1 FY20 due to the coronavirus pandemic, However, CARE Ratings said that insurance space will record strong performance, especially digitally going forward

25 May 15:18 Business Today 1145527432372851617.html
Govt is exploring new financial institutions to support MSMEs: Nitin Gadkari

25 May 15:46 1 article

Govt is exploring new financial institutions to support MSMEs: Nitin Gadkari

The government is exploring new financial lending institutions to support small-scale units in terms of financial support, said Union Minister for MSME.

25 May 15:46 The Statesman 1191309782608421536.html
BMO launches online resource hubs to help clients navigate COVID-19 impacts

25 May 15:59 1 article

BMO launches online resource hubs to help clients navigate COVID-19 impacts

BMO has unveiled new online information hubs that contain content and resources to help Canadians navigate COVID-19 financially.

25 May 15:59 mobilesyrup 1267416330876580961.html
Fandom appoints Zirca Digital Solutions as a media partner for the Indian market

25 May 15:49 1 article

Fandom appoints Zirca Digital Solutions as a media partner for the Indian market

Zirca will work toward maximising Fandom’s advertising revenue potential, build the brand’s presence, as well as expand its pool of demand partners

25 May 15:49 The Financial Express 1288289580700828583.html
Buying health insurance plans: How existing and new policyholders are impacted in times of COVID-19

25 May 15:53 1 article

Buying health insurance plans: How existing and new policyholders are impacted in times of COVID-19

The average policy seeker in a post-COVID-19 world might be more mindful about health insurance as a concept as compared to the one in a pre-COVID-19 era.

25 May 15:53 The Financial Express 1288289580864045591.html
Home appliances remain immune to Covid, lockdown relaxation boosts demand

25 May 15:43 1 article

Home appliances remain immune to Covid, lockdown relaxation boosts demand

28% consumers keen on buying home appliances, while other discretionary spending is on hold, says Nielsen survey

25 May 15:43 Business-Standard 1502508925426731116.html
PSUs, govt agencies owe Rs 5 trn in outstanding dues to MSMEs: Gadkari

25 May 15:55 1 article

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

25 May 15:55 Business-Standard 1502508925081462816.html
Nasscom for policy tweak to enable longer work-from-home scenario

25 May 15:58 1 article

Nasscom for policy tweak to enable longer work-from-home scenario

Nasscom has asked for the abolition of OSPs (other service providers) under the Department of Telecom, under which certain kinds of work (such as voice calls) cannot be shifted to employees' homes.

25 May 15:58 Business-Standard 1502508925906124585.html
How the 2020 US Presidential Election May Be Keeping Bitcoin At Bay

25 May 15:00 1 article

How the 2020 US Presidential Election May Be Keeping Bitcoin At Bay

Bitcoin's next rally may not occur until after the 2020 United States Presidential Election takes place in November of this year.

25 May 15:00 Bitcoinist.com 1696346936351017467.html
Mexico's monthly trade deficit hits $3 billion due to virus

25 May 15:30 1 article

Mexico's monthly trade deficit hits $3 billion due to virus

Exports in Mexico fall by more than 40% in April 2020, while imports are down 30%

25 May 15:30 Rappler 1882105642154356961.html
2020 New York International Auto Show has been canceled

25 May 15:06 1 article

2020 New York International Auto Show has been canceled

Due to the ongoing COVID-19 pandemic, this year's New York Auto Show will not push through

25 May 15:06 AutoIndustriya.com 2007465446881208590.html
Tencent Becomes Biggest Shareholder in Game Company and Anime Producer Marvelous

25 May 15:21 1 article

Tencent Becomes Biggest Shareholder in Game Company and Anime Producer Marvelous

Tencent has become Marvelous’s biggest shareholder, reports Bloomberg.

25 May 15:21 Kotaku UK 2577526046671920159.html
72 per cent professionals wish to continue WFH, 80 per cent believe it will impact air quality: Survey

25 May 15:15 1 article

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.

25 May 15:15 The Indian Express 2885715103750072646.html
Bengaluru: BMTC introduces flat-fare system, bus fares to start from Rs 5 now

25 May 15:04 1 article

Bengaluru: BMTC introduces flat-fare system, bus fares to start from Rs 5 now

BMTC has been facing flak right from the first day of operations post-lockdown for its new contactless ticketing system. Commuters and citizen activists had pointed out that the daily passes worth Rs 70 were not feasible for those travelling short distances.

25 May 15:04 The Indian Express 2885715105830129627.html
French carmaker Renault could close plants and cut jobs, says union

25 May 15:00 1 article

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...

25 May 15:00 Malaymail 302165934742912397.html
Heat wave drives Delhi’s peak power demand to season high of 5,268 MW

25 May 15:16 1 article

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

25 May 15:16 BusinessLine 5283600513722670.html
IDFC FIRST Bank’s senior management takes 10% pay cut

25 May 15:14 1 article

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

25 May 15:14 The Navhind Times 3656927215420894413.html
Miners commend FG over inauguration of Presidential C’ttee on Ajaokuta Steel coy

25 May 15:52 1 article

Miners commend FG over inauguration of Presidential C’ttee on Ajaokuta Steel coy

ABUJA-MINERS under the auspices of Miners Association of Nigeria, MAN, Monday, commended the Federal Government over the inaugurati

25 May 15:52 Vanguard News 4125100338862415025.html
POST COVID-19: Relocate dry dock to open up economy in N’Delta – PANDEF, UNDEDSS

25 May 15:29 1 article

POST COVID-19: Relocate dry dock to open up economy in N’Delta – PANDEF, UNDEDSS

THE Pan Niger Delta Forum, PANDEF and the United Niger Delta Energy Development Security Strategy, UNDEDSS, Monday, restated calls for...

25 May 15:29 Vanguard News 4125100339262823782.html
COVID -19: Anambra reduces 2020 budget size by N24.3b

25 May 15:12 1 article

COVID -19: Anambra reduces 2020 budget size by N24.3b

Anambra State government has reduced the size of its 2020 budget from N137.2 billion to N112.8 billion due to the adverse effect on the economy by the ravaging coronavirus pandemic.

25 May 15:12 Vanguard News 4125100339166742992.html
EANS-Adhoc: AMAG Austria Metall AG: Change of dividend proposal to EUR 0.50 per share

25 May 15:01 1 article

EANS-Adhoc: AMAG Austria Metall AG: Change of dividend proposal to EUR 0.50 per share

Dividend Announcements/Distribution 25.05.2020

25 May 15:01 OTS.at 4182160710846444630.html
EANS-DD: AT & S Austria Technologie & Systemtechnik Aktiengesellschaft / Notification concerning transactions by persons performing managerial responsibilities pursuant to article 19 Market Abuse Regulation (MAR)

25 May 15:16 1 article

EANS-DD: AT & S Austria Technologie & Systemtechnik Aktiengesellschaft / Notification concerning transactions by persons performing managerial responsibilities pursuant to article 19 Market Abuse Regulation (MAR)

personal data:

25 May 15:16 OTS.at 4182160711542032569.html
Germany's Scholz: Government agreed on Lufthansa bailout package worth €9 billion

25 May 15:05 1 article

Germany's Scholz: Government agreed on Lufthansa bailout package worth €9 billion

German Finance Minister Olaf Scholz announced on Monday that the government agreed on a €9 billion bailout package for Lufthansa. "It's a very, very g

25 May 15:05 FXStreet 4480975638069658911.html
S&P 500 Price Analysis: US stocks en route to the 3000 mark and beyond

25 May 15:20 1 article

S&P 500 Price Analysis: US stocks en route to the 3000 mark and beyond

After the February-March crash, the S&P 500 has been recovering a great part of its losses. The index is pressuring the May’s highs above the 100 SMA on the d

25 May 15:20 FXStreet 4480975638333381467.html
USD/CHF struggles to find direction, trades above 0.9700

25 May 15:19 1 article

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

25 May 15:19 FXStreet 4480975638350284596.html
AUD/JPY Price Analysis: Aussie parked above the 70.00 figure vs. Japanese yen, bullish

25 May 15:02 1 article

AUD/JPY Price Analysis: Aussie parked above the 70.00 figure vs. Japanese yen, bullish

AUD/JPY is trading off 2.5-month highs at the start of the trading week. The market rebounded above the 70.00 support level while above its main SMAs. Buyers w

25 May 15:02 FXStreet 4480975639793160903.html
HDFC Q4 profit drops 22 pc to Rs 2,233 crore, declares dividend of Rs 21 per share

25 May 15:30 1 article

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

25 May 15:30 Lokmat English 4809197831113267598.html
S&P/TSX composite index up on broad-based rally, while U.S. stock markets closed

25 May 15:37 1 article

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.

25 May 15:37 KitchenerToday.com 52741008744239589.html
In steepest fall since 2003, processing of crude slumps 29%

25 May 15:50 1 article

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

25 May 15:50 BusinessLine 5283600191326843.html
Time to hike edible oil import duties: SEA

25 May 15:28 1 article

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

25 May 15:28 BusinessLine 5283600388395060.html