Economy 4225 May12:0014:0016:0018:0020:00
Applied Materials - A Buy, But Expect A Rollercoaster Ride

25 May 19:09 18 articles

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

25 May 19:09 Seeking Alpha 5725634556365009875.html
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

25 May 19:55 Seeking Alpha 5725634558090041927.html
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

25 May 19:55 Seeking Alpha 5725634556785686093.html
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

25 May 19:27 Seeking Alpha 5725634556461986147.html
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

25 May 19:24 Seeking Alpha 5725634557304640863.html
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

25 May 19:16 Seeking Alpha 5725634557667079347.html
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

25 May 19:56 Seeking Alpha 5725634556573853766.html
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

25 May 19:34 Seeking Alpha 5725634557194683544.html
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

25 May 19:28 The Globe and Mail 68426410316156857.html
Gold Price Analysis: XAU/USD meets a plateau as global CODVID curve peaks

The price of XAU/USD is at $1,727.88, -0.45 and has sunk from a high of $1,735.67 falling to $1,721.61 on the day. Gold is a complicated mix of deflat

25 May 19:01 FXStreet 4480975638524115369.html
Sterling under pressure as Johnson faces Tory revolt in Cummings affair

Sterling under pressure as Johnson faces Tory revolt in Cummings affair

25 May 19:00 Saudi Gazette 6913978435231196436.html
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.

25 May 19:21 Daily Maverick 2373996788370052599.html
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 …

25 May 19:46 City NEWS 1130 5858657121007239864.html
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%

25 May 19:35 Firstpost 4760741713793503318.html
ASX to open higher, $A steady

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

25 May 19:17 Australian Financial Review 3974284486436395064.html
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.

25 May 19:12 VentureBeat 6273363634984043954.html
AUD/USD: Between economic recovery hopes and US-China tensions – CitiBank

Analysts at Citibank point out that US-China tension escalation and the concern of second wave crisis limited the performance of the Australian dollar

25 May 19:08 FXStreet 4480975638575913071.html
Pound Sterling Price News and Forecast: GBP/USD taking advantage of a softer US dollar and slight risk-on tones

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

25 May 19:15 FXStreet 4480975640054771597.html
Germany takes Lufthansa stake in landmark $15b bailout

25 May 19:18 4 articles

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.

25 May 19:18 Brisbane Times 2314609338870095737.html
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.

25 May 19:18 The Age 7967730561851023225.html
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.

25 May 19:00 Irishexaminer 8196011179890711947.html
Berlin takes the controls at Lufthansa in €9B bailout

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

25 May 19:14 POLITICO 2584151345705609581.html
Bharti Airtel promoter to raise $1 billion through equity: Sources

25 May 19:06 2 articles

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.

25 May 19:06 The Financial Express 1288289579710042109.html
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

25 May 19:39 Deccan Herald 2027555796955710237.html
Domestic mutual funds increase ownership of Nifty companies in Q4

25 May 19:42 2 articles

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

Collections may come under pressure once the base effect wears off

25 May 19:42 Business-Standard 1502508925986000042.html
Domestic mutual funds increase ownership of Nifty companies in Q4

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

25 May 19:25 Business-Standard 1502508924719629769.html
UK to reopen thousands of shops in easing of coronavirus lockdown – Johnson

25 May 19:29 2 articles

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.

25 May 19:29 Daily Maverick 2373996787773407554.html
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.

25 May 19:20 The Hindu 6679535025536760307.html
DA calls for special inspector-general to prevent graft in relief fund

25 May 19:33 2 articles

SA's corruption fighters may be crippled as justice sector faces cash crunch over Covid-19

The fight against corruption may falter while the country deals with the Covid-19 pandemic, as a budget cut of R1.7 billion is being "bandied about" for the already perennially cash-strapped justice sector.

25 May 19:33 News24 3752801376707952584.html
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.

25 May 19:59 The Citizen 410802302370743519.html
Analysis: Will Europe unite around the EU's coronavirus recovery plan?

25 May 19:23 2 articles

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’

25 May 19:23 The Irish Times 8204772969173449345.html
Analysis: Will Europe unite around the EU's coronavirus recovery plan?

Euronews' political editor Darren McCaffrey looks at the splits over the EU's coronavirus recovery plan.

25 May 19:26 euronews 7318238122057528969.html
90 pc of promises made in manifesto fulfilled in one year, says Andhra Pradesh CM

25 May 19:17 1 article

90 pc of promises made in manifesto fulfilled in one year, says Andhra Pradesh CM

90 pc of promises made in manifesto fulfilled in one year, says Andhra Pradesh CM: Ninety per cent of the promises made in the manifesto have been fulfilled during the first year of my government, said Andhra Pradesh Chief Minister YS Jagan Mohan Reddy here on Monday.. Get all latest entertainment & viral stories on english.lokmat.com

25 May 19:17 Lokmat English 4809197829531816508.html
Australian Prime Minister Rolls Out Plan to Save Economy as China Slaps Tariffs on Country's Exports

25 May 19:10 1 article

Australian Prime Minister Rolls Out Plan to Save Economy as China Slaps Tariffs on Country's Exports

Trade relations between the two geographic neighbours reached a new low as Beijing banned several Australian beef-exporting companies and slapped an 80% tariff on the...

25 May 19:10 Sputniknews 967333868535013545.html
Prices Of N-95 Masks Fall 47% After Pharma Pricing Body's Advisory: Government

25 May 19:02 1 article

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.

25 May 19:02 NDTV.com 5090057681636766630.html
Transat extends Air Canada takeover timing following European regulatory review

25 May 19:45 1 article

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.

25 May 19:45 KitchenerToday.com 52741008948680926.html
How JioMart Can Help Facebook's WhatsApp Monetize 400 Million Users

25 May 19:22 1 article

How JioMart Can Help Facebook's WhatsApp Monetize 400 Million Users

JioMart launched a pilot project on April 27 in which WhatsApp plays a major role. On May 22, the company announced the official launch of the JioMart platform.

25 May 19:22 Seeking Alpha 5725634556590129718.html
TMX boon for local hotels?

25 May 19:00 1 article

TMX boon for local hotels?

With Trans Mountain Pipeline workers scheduled to arrive in Kamloops next month, accommodation is being sought.

25 May 19:00 Castanet 616068601873628456.html
British Columbia alcohol sales spike as social cues are lost

25 May 19:00 1 article

British Columbia alcohol sales spike as social cues are lost

Compared to same period last year, alcohol sales rose 21.5 percent since 2018

25 May 19:00 The Globe and Mail 68426410281484075.html
Permian basin keeps drilling alive while US rig count decline seems bottomless

25 May 19:53 1 article

Permian basin keeps drilling alive while US rig count decline seems bottomless

Permian basin keeps drilling alive while US rig count decline seems bottomless

25 May 19:53 Saudi Gazette 6913978434320026991.html
2 New Airport Projects Come on Stream in Iran

25 May 19:30 1 article

2 New Airport Projects Come on Stream in Iran

Two new airport development projects were inaugurated on Monday by President Hassan Rouhani, Minister of Roads and Urban Development Mohammad Eslami, Managing Director of Iran Airports Company

25 May 19:30 Financial Tribune 7109125995470148522.html
EU to announce green strings for post-pandemic funding

25 May 19:51 1 article

EU to announce green strings for post-pandemic funding

The European Union is due to announce economic recovery plans which could be up to one trillion euros and wants to pull Europe out of the crisis with green measures.

25 May 19:51 euronews 7318238122599509120.html
Europeans Save Less, Spend More As Economy Lags

25 May 19:23 1 article

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.

25 May 19:23 PYMNTS.com 7357138826376049801.html
Holden invites dealers to negotiate compensation packages via video chat

25 May 19:55 1 article

Holden invites dealers to negotiate compensation packages via video chat

General Motors has invited Holden dealers to a video conference in the second week of June to discuss compensation for the sudden shutdown of the brand.

25 May 19:55 CarAdvise 772235095296617433.html
UCD academics call for virus safety incentives for businesses

25 May 19:27 1 article

UCD academics call for virus safety incentives for businesses

Study shows businesses that invest in workplace safety 20% more likely to ‘go under’

25 May 19:27 The Irish Times 8204772969162564636.html
With suitcase and bikini emojis, Spain urges tourists back from July

25 May 19:01 1 article

With suitcase and bikini emojis, Spain urges tourists back from July

MADRID/BARCELONA (Reuters) - Spain revised down its coronavirus death toll on Monday and urged foreign holidaymakers to return from July as it eases one of Europe’s strictest lockdowns, though tourism businesses were sceptical about salvaging the summer season.

25 May 19:01 Reuters 8334514181411829681.html
Hollywood producer charged with taking PPP funds, embezzling $14 mil

25 May 19:03 1 article

Hollywood producer charged with taking PPP funds, embezzling $14 mil

In recent years, he produced movies starring Halle Berry and Matthew McConaughey.

25 May 19:03 Fox 4 8372747777840489217.html
Hotel owners fight to save jobs during COVID-19 crisis

25 May 19:00 1 article

Hotel owners fight to save jobs during COVID-19 crisis

As we speak, hotel occupancy rates have plummeted to less than 5% in the entire country

25 May 19:00 New Vision 9103146373610803650.html
Walmart Mexico pays Mexico about $359 million in back taxes

25 May 19:34 1 article

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...

25 May 19:34 The Seattle Times 9121942836887887483.html
Japan lifts emergency in Tokyo

25 May 19:13 1 article

Japan lifts emergency in Tokyo

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

25 May 19:13 The Telegraph 2864094128045537449.html
Coronavirus impact: Will video on demand replace theatres?

25 May 19:16 1 article

Coronavirus impact: Will video on demand replace theatres?

The last one week has seen a heightened row between multiplex owners and film producers in India, when the latter decided to release their upcoming releases on VOD platforms

25 May 19:16 Business Today 1145527432559986388.html
Federal government launches hotline to offer businesses advice amid COVID-19 pandemic

25 May 19:57 1 article

Federal government launches hotline to offer businesses advice amid COVID-19 pandemic

The federal government has partnered with the Canadian Chamber of Commerce to launch a hotline to provide free advice to businesses.

25 May 19:57 mobilesyrup 1267416330550110967.html
IDFC First Bank senior management takes 10% pay cut

25 May 19:12 1 article

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.

25 May 19:12 The Financial Express 1288289581514597618.html
Why Didn’t the 1958 and 1918 Pandemics Destroy the Economy? Hint: It’s the Lockdowns

25 May 19:41 1 article

Why Didn’t the 1958 and 1918 Pandemics Destroy the Economy? Hint: It’s the Lockdowns

Leaving aside the fact there's no evidence lockdowns actually work, we can nonetheless look to past pandemics

25 May 19:41 Infowars 1950426313764497493.html
Delhi gas operators seek tax relief, loan restructuring to deal with lockdown impact

25 May 19:38 1 article

Delhi gas operators seek tax relief, loan restructuring to deal with lockdown impact

 Pummeled by evaporating demand and fall in business due to the lockdown, city gas operators such as Adani Gas, GAIL and Torrent Gas have sought tax relief and loan restructuring to tide over

25 May 19:38 Deccan Herald 2027555797806061652.html
COVID-19: Dubai Tourism, stakeholders discuss strategies for industry revival

25 May 19:16 1 article

COVID-19: Dubai Tourism, stakeholders discuss strategies for industry revival

Emirates commenced passenger flights between Dubai and nine destinations from May 21

25 May 19:16 Gulf News 2086521543724339915.html
SA Express liquidators seek more powers for asset sales to free up cash

25 May 19:18 1 article

SA Express liquidators seek more powers for asset sales to free up cash

Liquidators might launch a court application for the extension of their powers so they can sell SA Express assets, cancel aircraft leases and solicit or assess bids for the airline by potential buyers. The powers would enable them to free up cash to pay the airline’s creditors, who are owed more than R2.5bn.

25 May 19:18 Daily Maverick 2373996788191976361.html
“City of darkness” no longer – AfDB supported electricity project lights up Juba

25 May 19:27 1 article

“City of darkness” no longer – AfDB supported electricity project lights up Juba

The $38 million Juba Power Distribution System Rehabilitation and Expansion Project is almost completed according to a release by the AfDB.

25 May 19:27 ESI-Africa.com 2679729877997770891.html
Merkel's conservatives want stimulus package to include tax relief - document

25 May 19:35 1 article

Merkel's conservatives want stimulus package to include tax relief - document

BERLIN (Reuters) - Chancellor Angela Merkel's conservatives are in favour of bringing forward tax relief measures worth at least 5 billion euros to help companies and consumers recover more quickly from the coronavirus pandemic, a document showed on Monday. Merkel's coalition government, which in March approved an unprecedented 750 billion-euro rescue package to shield Europe's largest economy from the impact of the coronavirus, is due next week to present additional stimulus to sustain the recovery. In a position paper seen by Reuters, lawmakers from Merkel's conservative bloc called on several measures to reduce the tax burden for the private sector, including making it simpler to offset losses against tax and speeding up already agreed tax cuts

25 May 19:35 Firstpost 4760741713403685181.html
CRA extends some trust and corporate filing deadlines

25 May 19:33 1 article

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.

25 May 19:33 BNN 3833521688924304198.html
New Bank of Canada Governor Faces Stagflation, Rosenberg Says

25 May 19:55 1 article

New Bank of Canada Governor Faces Stagflation, Rosenberg Says

Incoming Bank of Canada Governor Tiff Macklem will face a combination of rising prices and stagnant growth as the economy struggles to recover from the coronavirus pandemic.

25 May 19:55 Bloomberg.com 4032480121499719978.html
US Dollar Index Asia Price Forecast: DXY parked below the 100.00 mark

25 May 19:32 1 article

US Dollar Index Asia Price Forecast: DXY parked below the 100.00 mark

The US Dollar Index (DXY) is starting the week with an attempt to retake the 100.00 mark and the 50 SMA. However, Monday’s bulls’ effort has not been successf

25 May 19:32 FXStreet 4480975638975219959.html
China's Deputies brainstorm support for businesses – Global Times

25 May 19:35 1 article

China's Deputies brainstorm support for businesses – Global Times

The Global Times is reporting how Chinese Deputies to the ongoing National People's Congress have suggested that the government work out more measures

25 May 19:35 FXStreet 4480975639857848171.html
BSP has room to reduce interest

25 May 19:30 1 article

BSP has room to reduce interest

Bangko Sentral ng Pilipinas Governor Benjamin Diokno said Monday the manageable inflation environment is giving monetary authorities the “elbow room” to further cut the benchmark interest rates if needed to counter the impact of the pandemic.

25 May 19:30 manilastandard.net 4715274785447619556.html
121 electric co-ops comply with order to help consumers

25 May 19:40 1 article

121 electric co-ops comply with order to help consumers

The Philippine Rural Electric Cooperatives Association Inc. said Monday the 121 electric cooperatives in the country complied with all the directives of regulators to protect the interests of consumers during the enhanced community quarantine period. 

25 May 19:40 manilastandard.net 4715274785753086401.html
GCash registrations increase by 250%

25 May 19:10 1 article

GCash registrations increase by 250%

Globe Telecom Inc. saw an increase in mobile wallet users amid the enhanced community quarantine in the country.

25 May 19:10 manilastandard.net 4715274784916899510.html
PCCI supports cut in corporate taxes

25 May 19:20 1 article

PCCI supports cut in corporate taxes

The Philippine Chamber of Commerce and Industry said it strongly supports the immediate passage of the Corporate Recovery and Tax Incentives for Enterprises Act which was formerly known as the Corporate Income Tax and Incentives Reform Act.

25 May 19:20 manilastandard.net 4715274785850905537.html