The Toronto-Dominion Bank (TD) CEO Bharat Masrani on Q2 2020 Results - Earnings Call Transcript

The Toronto-Dominion Bank (NYSE:TD) Q2 2020 Earnings Conference Call May 28, 2020, 01:30 PM ET Company Participants Gillian Manning - Head, IR Bharat Masrani -

PagSeguro Digital Ltd. (PAGS) CEO Ricardo Dutra on Q1 2020 Results - Earnings Call Transcript

PagSeguro Digital Ltd. (NYSE:PAGS) Q1 2020 Earnings Conference Call May 28, 2020 05:30 PM ET Company Participants Ricardo Dutra - Chief Executive Officer Eduard

GDP growth slows to 3.1% in Q4; core sector output contracts 38.1% in April

India Business News: The gross domestic product or GDP data released on Friday showed that the economy slowed to 3.1 per cent in the January-March quarter, partly as a res

Early warning: Growth slows to 3.1 per cent in Q4 which had just one week of lockdown

The March quarter estimates dragged the overall GDP growth rate for 2019-20 to an 11-year low of 4.2 per cent, the provisional estimate released by National Statistical Office (NSO) on Friday showed.

Rocket Internet SE (RCKZF) CFO Bettina Curtze Q1 2020 Results - Earnings Call Transcript

Rocket Internet SE (OTC:RCKZF) Q1 2020 Earnings Conference Call May 28, 2020 04:00 AM ET Corporate Participants Bettina Curtze - Senior Vice President of Financ

Golar LNG Partners LP (GMLP) CEO Karl Staubo on Q1 2020 Results - Earnings Call Transcript

Golar LNG Partners LP (NASDAQ:GMLP) Q4 2020 Earnings Conference Call May 28, 2020 11:30 AM ET Corporate Participants Tor Troim - Chairman Karl Staubo - CEO Bria

Canopy Growth Corporation (CGC) CEO David Klein on Q4 2020 Results - Earnings Call Transcript

Canopy Growth Corporation (NYSE:CGC) Q4 2020 Results Conference Call May 29, 2020 10:00 AM ET Company Participants Judy Hong - VP, IR David Klein - CEO Mike Lee

Laurentian Bank of Canada (LRCDF) CEO François Desjardins on Q2 2020 Results - Earnings Call Transcript

Laurentian Bank of Canada (OTCPK:LRCDF) Q2 2020 Earnings Conference Call May 29, 2020 09:00 AM ET Company Participants Susan Cohen - Director, Investor Relation

Pure Storage, Inc. (PSTG) CEO Charlie Giancarlo on Q1 2021 Results - Earnings Call Transcript

Pure Storage, Inc. (NYSE:PSTG) Q1 2021 Earnings Conference Call May 28, 2020 17:00 ET Corporate Participants Charlie Giancarlo - Chief Executive Officer Kevan K

Dell Technologies' (DELL) CEO Management on Q1 2021 Results - Earnings Call Transcript

Dell Technologies Inc. (NYSE:DELL) Q1 2021 Earnings Conference Call May 28, 2020 5:30 PM ET Company Participants Rob Williams – Head-Investor Relations Jeff Cla

Ollie's Bargain Outlet Holdings, Inc. (OLLI) CEO John Swygert on Q1 2020 Results - Earnings Call Transcript

Ollie's Bargain Outlet Holdings, Inc. (NASDAQ:OLLI) Q1 2020 Earnings Conference Call May 28, 2020, 04:30 PM ET Company Participants Jean Fontana - ICR John Swyg

Covid-19 impact: India GDP growth slows to 3.1% in March quarter

Growth was 4.2% in the fiscal year through March 2020 as compared to 6.1% in FY19.The full impact of the lockdown on manufacturing and services will become more visible in the June quarter

What's the cost of Covid lockdown? Today’s GDP data will give an idea

To be sure, Indias growth was already at a six-year-low during the pre-lockdown period.

KKR & Co's (KKR) Management Presents at Bernstein Strategic Decisions Conference 2020 (Transcript)

KKR & Co. Inc. (NYSE:KKR) Bernstein Strategic Decisions Conference 2020 Call May 28, 2020 3:00 PM ET Company Participants Scott Nuttall – Co-President and C

TerrAscend Corp. (TRSSF) CEO Jason Ackerman on Q1 2020 Results - Earnings Call Transcript

TerrAscend Corp. (OTCQX:TRSSF) Q1 2020 Earnings Conference Call May 29, 2020 08:30 ET Company Participants Jason Ackerman - Chief Executive Officer Jason Wild -

DXC Technology Company (DXC) CEO Mike Salvino on Q4 2020 Results - Earnings Call Transcript

DXC Technology Company (NYSE:DXC) Q4 2020 Results Conference Call May 28, 2020 04:45 PM ET Company Participants Shailesh Murali - Investor Relations Mike Salvin

Veeva Systems Inc. (VEEV) CEO Peter Gassner on Q1 2021 Results - Earnings Call Transcript

Veeva Systems Inc. (NYSE:VEEV) Q1 2021 Earnings Conference Call May 28, 2020, 04:30 PM ET Company Participants Rick Lund - Head of IR Peter Gassner - CEO Tim Ca

Micron Technology, Inc. (MU) Presents at 2020 Bernstein Strategic Decisions Conference (Transcript)

Micron Technology, Inc. (NASDAQ:MU) 2020 Bernstein Strategic Decisions Conference Call May 19, 2014 03:00 PM ET Company Participants Sanjay Mehrotra - President

Canadian Western Bank (CBWBF) CEO Christopher Fowler on Q2 2020 Results - Earnings Call Transcript

Canadian Western Bank (OTCPK:CBWBF) Q2 2020 Earnings Conference Call May 29, 2020, 10:30 ET Company Participants Matthew Rudd - SVP, Finance & IR Christophe

Okta, Inc. (OKTA) CEO Todd McKinnon on Q1 2021 Results - Earnings Call Transcript

Okta, Inc. (NASDAQ:OKTA) Q1 2021 Earnings Conference Call May 28, 2020 05:00 PM ET Company Participants David Gennarelli - Head of Investor Relations Todd McKin

Nordstrom, Inc. (JWN) CEO Erik Nordstrom on Q1 2020 Results - Earnings Call Transcript

Nordstrom, Inc. (NYSE:JWN) Q1 2020 Earnings Conference Call May 28, 2020 4:45 P.M. ET Company Participants Trina Schurman - Director, Investor Relations Erik No

Marvell Technology Group Ltd. (MRVL) CEO Matthew Murphy on Q1 2021 Results - Earnings Call Transcript

Marvell Technology Group Ltd. (NASDAQ:MRVL) Q1 2021 Earnings Conference Call May 28, 2020 16:45 ET Company Participants Ashish Saran - Vice President, Investor

Big Lots, Inc. (BIG) CEO Bruce Thorn on Q1 2020 Results - Earnings Call Transcript

Big Lots, Inc. (NYSE:BIG) Q1 2020 Earnings Conference Call May 29, 2020 08:00 ET Company Participants Andy Regrut - Vice President, Investor Relations Bruce Tho

Cresco Labs Inc. (CRLBF) CEO Charlie Bachtell on Q1 2020 Results - Earnings Call Transcript

Cresco Labs Inc. (OTCQX:CRLBF) Q1 2020 Results Conference Call May 28, 2020 5:00 PM ET Company Participants Aaron Miles - Vice President, Investor Relations Cha

VMware's (VMW) CEO Pat Gelsinger on Q1 2021 Results - Earnings Call Transcript

VMware, Inc. (NYSE:VMW) Q1 2021 Earnings Conference Call May 28, 2020 4:30 PM ET Company Participants Paul Ziots – Vice President-Investor Relations Pat Gelsing

Aritzia Inc's (ATZAF) CEO Brian Hill on Q4 2020 Results - Earnings Call Transcript

Aritzia Inc. (OTC:ATZAF) Q4 2020 Earnings Conference Call May 28, 2020 04:30 pm ET Company Participants Helen Kelly - Vice President, Investor Relations Brian H

Mastercard's (MA) Management at Sanford C Bernstein Strategic Decisions Conference - Transcript

Mastercard Incorporated (NYSE:MA) Sanford C Bernstein Strategic Decisions Conference May 28, 2020 2:00 PM ET Company Participants Sachin Mehra – Chief Financial

Williams-Sonoma, Inc. (WSM) CEO Laura Alber on Q1 2020 Results - Earnings Call Transcript

Williams-Sonoma, Inc. (NYSE:WSM) Q1 2020 Earnings Conference Call May 28, 2020 05:00 PM ET Company Participants Elise Wang - VP, IR Laura Alber - President and

FAT Brands' (FAT) CEO Andy Wiederhorn on Q1 2020 Results - Earnings Call Transcript

FAT Brands Inc. (NASDAQ:FAT) Q1 2020 Earnings Conference Call May 28, 2020 5:00 PM ET Company Participants Ashley DeSimone – Investor Relations-ICR Andy Wiederh

Citigroup Inc. (C) CEO Mike Corbat Presents at Bernstein's 36th Annual Strategic Decisions Conference (Transcript)

Citigroup Inc. (NYSE:C.PK) Bernstein's 36th Annual Strategic Decisions Conference May 29, 2020 10:00 AM ET Company Participants Mike Corbat - Chief Executive Of

Golar LNG's (GLNG) CEO Iain Ross on Q1 2020 Results - Earnings Call Transcript

Golar LNG Limited (NASDAQ:GLNG) Q1 2020 Earnings Conference Call May 28, 2020 10:00 AM ET Company Participants Iain Ross – Chief Executive Officer Callum Mitche

Uniti Group Inc. (UNIT) Management Presents at Cowen 2020 Technology, Media & Telecom Conference (Transcript)

Uniti Group Inc. (NASDAQ:UNIT) Cowen 2020 Technology, Media & Telecom Conference May 29, 2020 01:50 PM ET Company Participants Mark Wallace - Chief Financia

Giga-tronics Inc. (GIGA) CEO John Regazzi on Q4 2020 Results - Earnings Call Transcript

Giga-tronics Inc. (OTCQB:GIGA) Q4 2020 Earnings Conference Call May 28, 2020 4:30 P.M. ET Company Participants Traci Mitchell - Principal Accounting Officer and

General Electric (GE) Presents at Bernstein 36th Annual Strategic Decisions Virtual Conference (Transcript)

General Electric Company (NYSE:GE) Bernstein 36th Annual Strategic Decisions Virtual Conference Call May 28, 2020 10:00 A.M. ET Company Participants Larry Culp

Salesforce's (CRM) CEO Marc Benioff on Q1 2021 Results - Earnings Call Transcript

Salesforce (NYSE:CRM) Q1 2021 Earnings Conference Call May 28, 2020 5:00 PM ET Company Participants Evan Goldstein – Senior Vice President of Investor Relations

Agriculture, mining saved Indian economy in FY20, can it sustain COVID-19 assault?

The impact of COVID-19 on Indian economy is yet to unravel; the 2019-20 GDP estimates, thus, hide more than they reveal on the state of economy in 2020-21

Northrop Grumman Corporation (NOC) CEO Kathy Warden Presents at Bernstein's Virtual Strategic Decisions Conference (Transcript)

Northrop Grumman Corporation (NYSE:NOC) Bernstein’s Virtual Strategic Decisions Conference May 27, 2020 09:00 AM ET Company Participants Kathy Warden - Chairman

U.S. Bancorp (USB) CEO Andy Cecere Presents at Bernstein Strategic Decisions Conference (Transcript)

U.S. Bancorp (NYSE:USB) Bernstein Strategic Decisions Conference May 28, 2020 1:00 PM ET Company Participants Andy Cecere - Chief Executive Officer Terry Dolan

India's Q4 GDP growth falls to 3.1% - worst since 2009 global financial crisis

India's gross domestic product (GDP) growth in Q4FY20 is the lowest in 44 quarters, according to the data by Central Statistics Office (CSO)

Quarterly growth slides to 3.1 per cent, more pain feared

Worries centre around Covid surge, slow recovery

India GDP growth slows to 3.1% in Q4, stands at 11-year low of 4.2% in FY20

The second Advance Estimates, released on February 28, had projected the FY20 growth rate at 5 per cent

Cognizant Technology Solutions' (CTSH) Management on 2020 Bernstein Strategic Decisions Conference - Transcript

Cognizant Technology Solutions Corporation (NASDAQ:CTSH) 2020 Bernstein Strategic Decisions Conference May 28, 2020 4:00 PM ET Company Participants Karen McLoug

Zscaler, Inc. (ZS) CEO Jay Chaudhry on Q3 2020 Results - Earnings Call Transcript

Zscaler, Inc. (NASDAQ:ZS) Q3 2020 Results Conference Call May 28, 2020 04:30 PM ET Company Participants Bill Choi - SVP, IR Jay Chaudhry - Chairman and CEO Remo

American International Group Inc (AIG) Presents at Deutsche Bank Global Financial Services Conference (Transcript)

American International Group Inc (NYSE:AIG) Deutsche Bank Global Financial Services Conference May 27, 2020 07:45 AM ET Company Participants Mark Lyons - Execut

Modine Manufacturing's (MOD) CEO Tom Burke on Q4 2020 Results - Earnings Call Transcript

Modine Manufacturing Company (NYSE:MOD) Q4 2020 Earnings Conference Call May 29, 2020 9:00 AM ET Company Participants Kathy Powers – Vice President, Treasurer,

Expect residential real estate to make a come back: Nitin Jain

‘Commercial real estate might not do as well due to work from home and job losses

Indian economy slows in March quarter, with worst to come

India's economy grew at 3.

Torm PLC's Management Team On The Product Tanker Market (Podcast Transcript)

Value Investor's Edge Live spoke with Jacob Meldgaard, CEO of Torm Plc (TRMD), and Kim Balle, CFO, about the product tanker markets. Torm reported solid earning

India Heads for Recession as GDP Growth Dips to Lowest since 2012

New Delhi (Sputnik): The Indian economy had been slowing down since 2018 due to the combined impact of the US-China trade war as well as instability in domestic...

Q4 GDP growth 3.1%: Was a revival on?

Economy expanded at 4.2% in FY20, the lowest rate since FY09, dragged down by manufacturing, construction, investment.

Remark Holdings, Inc. (MARK) CEO Kai-Shing Tao on Q4 2019 Results - Earnings Call Transcript

Remark Holdings, Inc. (NASDAQ:MARK) Q4 2019 Earnings Conference Call May 28, 2020, 04:30 PM ET Company Participants Brian Harvey - Director of IR and Capital Ma

Tapestry's (TPR) CEO Jide Zeitlin Presents at Bernstein Strategic Decisions Conference (Transcript)

Tapestry, Inc. (NYSE:TPR) Bernstein Strategic Decisions Conference May 28, 2020 4:00 PM ET Company Participants Jide Zeitlin – Chairman and Chief Executive Offi

Medtronic plc (MDT) CEO Geoff Martha presents at Bernstein 36th Annual Strategic Decisions Conference (Transcript)

Medtronic plc (NYSE:MDT) Bernstein 36th Annual Strategic Decisions Conference May 29, 2020 09:00 AM ET Company Participants Geoff Martha - Chief Executive Offic

BlackRock, Inc. (BLK) CEO Larry Fink Presents at Deutsche Bank Global Financial Services Conference Call (Transcript)

BlackRock, Inc. (NYSE:BLK) Deutsche Bank Global Financial Services Conference May 27, 2020 12:05 PM ET Company Participants Larry Fink - Chairman and CEO Confer

March quarter GDP growth to show drastic fall; brace for worse in Q1FY21 print

A note by ICICI Bank stated the country's March quarter GDP growth may come to 1.5 percent year-on-year (YoY).

Afya Limited (AFYA) CEO Virgilio Deloy Capobianco Gibbon on Q1 2020 Results - Earnings Call Transcript

Afya Limited (NASDAQ:AFYA) Q1 2020 Earnings Conference Call May 29, 2020 11:00 AM ET Company Participants Renata Couto - Head of Investor Relations Virgilio Del

India Q4 GDP data to be out today: Brokerages expect growth to reflect COVID-19 pain

Lockdown that began in last seven days of March is expected to have taken a toll on economic growth; economy is likely to have entered a recessionary phase with some agencies even estimating a contraction of over 5 per cent in FY21

CIRCOR International, Inc. (CIR) CEO Scott Buckhout on Q1 2020 Results - Earnings Call Transcript

CIRCOR International, Inc. (NYSE:CIR) Q1 2020 Earnings Conference Call May 29, 2020 09:00 ET Company Participants Scott Solomon - Senior Vice President, Sharon

Coronavirus sinks US consumer spending; savings hit record high

U.S. consumers cut spending by the most on record for the second straight month in April while boosting savings to an all-time high, and the ...

12-year low — and Before Covid

2019-20 economic growth tumbles to 4.2%

Q4 GDP data today: Why does the growth number matter to us?

Theoretically, the lockdown impacted the economy only in the last week of March. But, in reality much of the normal course of business had slowed down days before the nationwide lockdown came into effect. This is because people movement declined significantly much before the lockdown.

ReneSola Ltd (SOL) CEO Yumin Liu on Q1 2020 Results - Earnings Call Transcript

ReneSola Ltd (NYSE:SOL) Q1 2020 Earnings Conference Call May 29, 2020 08:30 AM ET Company Participants Gary Dvorchak - The Blueshirt Group Asia Yumin Liu - Chie

India's economy seen slowing rapidly in March quarter, with worse to come

Gross domestic product data out later on Friday is expected to show India's economy grew at its slowest pace in at least two years in the March quarter as the coronavirus pandemic weakened already

Jan-March expansion at 40 quarter low of 3.1%, 2019-20 GDP growth at 11-year low of 4.2%

India Business News: The country’s economic growth in the January-March quarter of 2019-20 expanded at its slowest pace in 40 quarters at 3.1%, dragged down by the manufac

Coronavirus depresses US consumer spending in April

WASHINGTON, May 29 — US consumer spending suffered another month of record decline in April as the Covid-19 pandemic undercut demand, buttressing expectations that the economy could contract in the second quarter at its steepest pace since the Great Depression. The Commerce Department said today...

Flex LNG Ltd (FLNG) CEO Oystein Kalleklev on Q1 2020 Results - Earnings Call Transcript

Flex LNG Ltd (NYSE:FLNG) Q4 2020 Earnings Conference Call May 28, 2020 09:00 AM ET Corporate Participants Oystein Kalleklev - CEO Harald Gurvin - CFO Conference

Govt lowers GDP growth rates for Q1, Q2 and Q3 in revised data

GDP growth has now been revised to 4.4 per cent in Q2 compared to 5.09 per cent earlier

GDP growth at 3.1% in Q4 drags full year FY20 growth to 4.2 per cent

The govt has revised growth for the first three quarters of FY20 to 5.2% in Q1, 4.4% in Q2 and 4.1% in Q3.

Costco Wholesale Corporation (COST) Management on Q3 2020 Results - Earnings Call Transcript

Costco Wholesale Corporation (NASDAQ:COST) Q3 2020 Results Earnings Conference Call May 28, 2020, 5:00 pm ET Company Participants Richard Galanti - Executive Vi

India quarterly growth worst in two decades as lockdown bites

MUMBAI, May 29 — India’s economy grew at its slowest pace in at least two decades last quarter, government data showed today, with warnings of far worse to come as it grapples with the fallout of the world’s largest coronavirus lockdown. Asia’s third-largest economy expanded by just 3.1 per...

India GDP growth slows to 3.1% in Q4 as Covid-19 lockdown hits economy

In the services sector, growth in the hotels and financial services sectors fell to 2.6 per cent and 2.4 per cent in the fourth quarter

Coronavirus sinks U.S. consumer spending; savings hit record high

WASHINGTON (Reuters) - U.S. consumers cut spending by the most on record for the second straight month in April while boosting savings to an all-time high, and the growing frugality reinforced expectations the economy could take years to recover from the COVID-19 pandemic.

Navigator Holdings' (NVGS) CEO Harry Deans on Q1 2020 Results - Earnings Call Transcript

Navigator Holdings Ltd. (NYSE:NVGS) Q1 2020 Earnings Conference Call May 29, 2020 9:00 AM ET Company Participants David Butters – Executive Chairman Harry Deans

EHang Holdings Limited (EH) CEO Huazhi Hu on Q1 2020 Results - Earnings Call Transcript

EHang Holdings Limited (NASDAQ:EH) Q1 2020 Results Conference Call May 29, 2020 08:00 AM ET Company Participants Julia Qian - Managing Director of the Blueshirt

Lockdown impact: Economy seen slowing rapidly in March qtr, with worse to come

The full impact of the lockdown on manufacturing and services will become more apparent in the June quarter, with Goldman Sachs predicting a 45% contraction from a year ago.

GDP: 3.1% for March quarter, 4.1% for year. But it is not due to coronavirus

GDP growth rate for March quarter slipped to 3.1% from 4.7% recorded during the previous quarter. The economy grew by 4.2% in 2019-20 for year. The coronavirus lockdown will have more impact in June quarter.

India's economy seen slowing rapidly in March quarter, with worse to come

Gross domestic product data out later on Friday is expected to show India’s economy grew at its slowest pace in at least two years in the March quarter as the coronavirus pandemic weakened already declining consumer demand and private investment.

GDP for 2019-20 Q4 plummets to 3.1%, full year growth at 4.2%

Data suggests that India's GDP growth in FY2019-20 slowed down to an 11-year-low of 4.2 per cent.

Interviewing Etergo’s CEO: What The Ola Electric Acquisition Means For Etergo, Consumers, & Investors

Yesterday we were all surprised to learn that Etergo has been acquired by the Indian company Ola Electric. At the time, all we had was a vague press release from Ola Electric that only stated it had acquired Etergo and the two companies looked forward to working together. However, since that left us with more

India GDP Q4: At 4.2% GDP Growth Lowest in 11 Years But Better Than Expected | Explained in 10 Points

RBI Governor Shaktikanta Das said the economic growth in 2020-21 is likely to be in the negative territory as the "macroeconomic impact of the pandemic is turning out to be more severe than initially anticipated".

GDP growth slows to 3.1% in Q4 FY20 but is this the final estimate? Govt caveat leaves room for revision

Growth in the last quarter of FY 2020 has been the slowest since the global financial crisis more than a decade ago.

National Bank of Greece S.A.'s (NBGIF) CEO Pavlos Mylonas on Q1 2020 Results - Earnings Call Transcript

National Bank of Greece S.A. (OTCPK:NBGIF) Q1 2020 Results Earnings Conference Call May 28, 2020, 11:45 AM ET Company Participants Pavlos Mylonas - Chief Execut

India’s economy seen slowing rapidly in March quarter, with worse to come

Economists expect worst financial contraction in four decades

Coronavirus sinks U.S. consumer spending; savings hit record high

By Lucia Mutikani WASHINGTON (Reuters) - U.S.

GDP Numbers Expected To Show India's Economy Grew At Slowest Pace In 2 Years

Economists expect the fiscal year that began in April will see the worst economic contraction in four decades.

Hoegh LNG Holdings Ltd. (HOLHF) CEO Sveinung J.S. on Q1 2020 Results - Earnings Call Transcript

Hoegh LNG Holdings Ltd (OTC:HOLHF) Q1 2020 Earnings Conference Call May 28, 2020 03:00 AM ET Corporate Participants Sveinung J.S. - CEO Håvard Furu - CFO Presen

Growth pangs: Q4 GDP growth slows to 3.1%; FY20 clocks 4.2%

Agriculture, govt spending saviours; industrial, services growth shrink

India's economy may have grown at slowest in 2 years during March quarter

The full impact of the lockdown on manufacturing and services will become more apparent in the June quarter, with Goldman Sachs predicting a 45% contraction from a year ago

Q4 GDP Highlights: Growth slows to 3.1%, hurt by lockdown, beats estimates; govt adds caveat

Q4 FY 2019-20 GDP growth estimates Highlights: India's economy grew at 3.1 per cent in Q4 of the last fiscal, beating street estimates.

India quarterly growth worst in two decades as lockdown bites

India's economy grew at its slowest pace in at least two decades last quarter, government data showed Friday, with warnings of far worse to come as it grapples with the fallout of the world's largest coronavirus lockdown. The figures beat even gloomier forecasts, with Bloomberg News predicting

Biz EOD: India's GDP growth lower than 2009; core industries' output declines; credit card, MSME loans fall

Catch top stories from the world of business and economy with BusinessToday.In's Biz EOD report

Wells Fargo & Company (WFC) CEO Charlie Scharf presents at Bernstein 36th Annual Strategic Decisions Conference (Transcript)

Wells Fargo & Company (NYSE:WFC) Bernstein 36th Annual Strategic Decisions Conference May 29, 2020 09:00 AM ET Company Participants Charlie Scharf - Chief E

How To Retire: Master Your Fear

We hope you’re using this time to check up on or get started on your retirement accounts. We implore you to use this time wisely. Things are bad, and they might

India reports GDP growth for January-March quarter at 3.1%; 4.2% for FY20

India’s gross domestic product (GDP) growth slowed to 3.1 per cent in January-March quarter, official data showed on Friday.

Olympus' (OCPNF) Management on Q4 2020 Results - Earnings Call Transcript

Olympus Corporation (OTC:OCPNF) Q4 2020 Earnings Conference Call May 29, 2020 8:00 AM ET Company Participants Chikashi Takeda – Chief Financial Officer Akihiro

US-China tension to push Asian shares lower in choppy trade

Asian shares were set to dip in choppy trade on Friday as worries about worsening U.S.-China ties offset the fillip from hopes massive government ...

Expect demand to start picking up post Diwali: Nitin Jain

‘We have to ensure that the companies in this period are able to sustain themselves

India's economy seen slowing rapidly in March quarter, with worse to come

Gross domestic product data out later on Friday is expected to show India's economy grew at its slowest pace in at least two years in the March quarter as the coronavirus pandemic weakened already declining consumer demand and private investment. The median forecast from a Reuters poll of economists

Grupo Supervielle S.A. (SUPV) CEO Jorge Ramirez on Q1 2020 Results - Earnings Call Transcript

Grupo Supervielle S.A. (NYSE:SUPV) Q1 2020 Earnings Conference Call May 29, 2020 09:00 AM ET Company Participants Ana Bartesaghi - Treasurer & Investor Rela

Japan factory output and retail sales slump as pandemic hits autos

Official data Friday showed factory output slipped 9.1 percent in April from the previous month.

Hidden Stock Market Gems: Waters Corporation

Waters Corporation is a technology company that is manufacturing and selling analytical laboratory instruments and software. Growth potential for the industry a

RCF Q4 profit jumps nearly 3-fold at Rs 142 crore

Total income rose to Rs 2661.91 crore in the fourth quarter of the last fiscal from Rs 2297.94 crore in the corresponding period of the previous year.

GDP numbers reinforce belief that economy is headed for recession: Analysts

While estimates varied across brokerages and economists, the common thread that ran through the estimates was the fact that the economy is headed towards a recessionary phase

Canada’s economy saw record decline in March, with worse numbers forecast for April

Statistics Canada says GDP fell 7.2 per cent in March; the agency is forecasting a decline of 11 per cent in April as COVID-19 lockdowns took hold

New York Community Bancorp: Nice Little Trade

While short-term traders are locking in profit, we think you can stay in this in the longer term. When the company reported earnings, New York and the Tri-State

India's GDP growth dips to 3.1 per cent in January-March 2020; 4.2 per cent for fiscal year 2019-20

According to data by NSO, the GDP had expanded by 5.7 per cent in the corresponding quarter of 2018-19.

GDP growth slows to a 11-year low of 4.2%, Q4 slumps to 3.1%

In 2019-20, the Indian economy grew by 4.2% against 6.1% expansion in 2018-19.

Asian shares set to dip in choppy trade over worries about worsening US-China ties; dollar slips, oil prices give up gains

Oil prices gave up some of their gains overnight, as concerns that Trump could impose sanctions on China over Hong Kong and a surprise build in inventories overshadowed a steady improvement in US refining activity

Coronavirus depresses U.S. consumer spending in April

WASHINGTON (Reuters) - U.S. consumer spending suffered another month of record decline in April as the COVID-19 pandemic undercut demand, buttressing expectations that the economy could contract in the second quarter at its steepest pace since the Great Depression.

Lockdown effect: Core sector output crashes record 38.1% in April

Infra segment hurt the most as cement and steel output tank by more than 80 per cent

Deere - Fairly Valued In A Challenging Environment

John Deere is feeling the capex slump induced by the Covid-19 crisis. Worrying is not just the fall in sales, yet pressure on the sizable financial business as

Crushing It: Splunk's Strong Fundamentals Drive Stock Higher

Splunk is a leader in Big Data/SIEM and is transitioning to a recurring revenue business model. The recent pandemic-driven acceleration from a perpetual license

Food Is Essential, So Sell Naked Puts On Performance Food Group

We love businesses that are essential to humans. Food distribution is one such business, and Performance Food Group is a value play. Selling naked puts against

India may see a trade surplus after 10-12 years; to keep currency stable: Prashant Jain

‘Sectors where the fixed costs component is higher will be hit sharply

Coronavirus depresses U.S. consumer spending in April

U.S. consumer spending suffered another month of record decline in April as the COVID-19 pandemic undercut demand, buttressing expectations that the economy could contract in the second quarter at its steepest pace since the Great Depression. The Commerce Department said on Friday consumer spending,

Westlake Chemical Corporation: Too Early To Go Long Here

First-quarter numbers were encouraging considering lower sales prices witnessed in the quarter. We like the fundamentals of caustic soda despite headwinds in Q1

Spirit Aerosystems Holdings: Strong Enough To Challenge This Crisis

Spirit AeroSystems Holdings, Inc. has built up a strong cash position to challenge the current crisis. Spirit and its customers - Boeing and Airbus have exclusi

Catasys: The Numbers Speak For Themselves

Catasys is ramping to hit 2020 guidance even without the Q3 launch of the new national plan. If the launch goes as expected, it could put 2020 revenue in triple

GDP data: Yet another huge knock for Modi govt's economic growth story

India's economic growth falls for a third successive year, fiscal deficit widens to 4.6%; agriculture and govt spending prevent further decline

Hitachi Ltd (HTHIY) on Q4 2020 Results - Earnings Call Transcript

Hitachi Ltd (OTCPK:HTHIY) Q4 2020 Earnings Conference Call May 29, 2020, 02:30 ET Company Participants Yoshihiko Kawamura - Representative Executive Officer, SV

Asia Session: Asia Booking Profits Ahead Of The Weekend

Market Overview Analysis by MarketPulse (Jeffrey Halley) covering: EUR/USD, AUD/USD, XAU/USD, S&P/ASX 200. Read MarketPulse (Jeffrey Halley)'s latest article on Investing.com

Stocks slip as markets await Trump’s HK response

MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.3%. The Nikkei retreated from a three-month high and, though moves were slight, riskier currencies were under pressure against the US dollar.

GDP growth in 2019-20 slows to 11-year low of 4.2%, Jan-Mar growth dips to 3.1%

In 2019-20, the Indian economy grew by 4.2% against 6.1% growth rate in 2018-19.

Stocks rebound on relief at Trump's response to China over Hong Kong

NEW YORK (Reuters) - A gauge of global equities rebounded and crude oil rose on Friday after U.S. President Donald Trump ordered an end to Washington’s special treatment of Hong Kong, a move investors welcomed as unlikely to jeopardize a trade accord with China.

A Few Safe-Haven REITs To Help You Sleep Well At Night

This isn't the financial crisis. It isn't the dot.com crash before that. Nor is it the Great Depression. So, we have to treat it differently.

Global stocks slip as markets await Trump's HK response

SINGAPORE, May 29 ― Asia's stock markets pulled back and major currencies were held in check today, as investors await the US response to China tightening control over the city of Hong Kong. China's parliament yesterday pressed ahead with national security legislation for the city, raising fears...

Stop treating everything marquee investors say as the gospel truth: Aswath Damodaran

‘You have to come up with a way of thinking about markets that is unique to you

India's Q4 FY20 GDP Down To 3.1%, 2019-20 Growth Shrinks To 4.2%

On a sequential basis, the quarterly growth rate has progressively come down from 5.2 per cent in Q1 of 2019-20 to 4.4 per cent in Q2 and 4.1 per cent in Q3.

Sensex drops over 300 pts in early trade; Nifty tests 9,400 level

Equity benchmark Sensex tumbled over 300 points in early trade on Friday dragged by losses in HDFC Bank, Infosys, TCS and Reliance Industries amid weak cues from global markets. After touching a low

Lupin Q4 net profit up 35% to Rs 390 cr on robust sales, lower tax expenses

In the current times, Lupin has been able to ensure business continuity while safeguarding the health and safety of its employees

V-Mart Retail Q4 net loss at Rs 8.43 crore, net sales at Rs 332.66 crore

The company had posted a net loss of Rs 90.42 crore in the January-March quarter of last fiscal, V-Mart said in a regulatory filing.

Lupin Q4 results: Net profit rises 35% to Rs 390 crore

Consolidated income from operations of the company stood at Rs 3,791 crore for the quarter under consideration as against Rs 3,807.02 crore for the same period year ago.

Sundaram Finance posts Rs 131 crore net profit for March quarter

For the full 2019-20, the company registered a net profit of Rs 723.95 crore.

Stocks slip as markets await Trump’s Hong Kong response

Sino-US tensions outweigh optimism over re-opening.

India quarterly growth worst in 2 decades as lockdown bites

India, Asia's 3rd largest economy, expands by just 3.1% in January-March 2020

GameStop: Endless Questions

GameStop has been an enigma for investors for years as the company's shares have been in a persistent downward trajectory. The company's business was eroding be

Q4FY20 GDP estimates out today: What's in store for India's economy

Economists and analysts indicated that the GDP figures released today will only offer an assessment of the early damage caused by Covid-19 outbreak. They also expect a sharp economic decline in upcoming quarters.

US-China tension to push Asian shares lower in choppy trade

All eyes are now on Friday's press conference hosted by Trump where he will address his response to China over its treatment of Hong Kong.

Stocks slip as investors await Trump's Hong Kong response

LONDON — Global stock markets fell and safe havens such as bonds and the Japanese yen gained on Friday, as investors awaited Washington’s response to China tightening control over the city of Hong Kong.

Sensex rises 224 points, Nifty ends above 9,500-mark lead by pharma, FMCG stocks

The S&P BSE Sensex rose 223.51 points (0.69 per cent) to settle at 32,424.10, while the Nifty 50 ended at 9,580.30, up 90.20 points (0.95 per cent).

Sensex drops over 300 pts in early trade; Nifty tests 9,400 level   

Equity benchmark Sensex tumbled over 300 points in early trade on Friday dragged by losses in HDFC Bank, Infosys, TCS and Reliance Industries

Energy Transfer: Showing The Strength Of The Midstream Model

Energy Transfer saw its results impacted by the coronavirus outbreak but they overall held up okay. The company has a reasonably strong customer base that shoul

Garrett Motion: Significant Upside Potential But Fragile Financial Situation

Garrett Motion has a solid business with a dominant share of the market. However, the company is in a fragile financial situation with large maturities in 2025

TMX Group: A Consistently Growing Dividend

TMX Group operates the Toronto Stock Exchange and the TSX Venture Exchange. Higher volatility levels should result in a strong Q2 (on the back of an improved Q1

Output of eight infrastructure sectors contracts by 38.1% in April

During the month of nationwide lockdown, cement and steel output shrank 86% and 83.9% respectively, while electricity and coal output fell 22.8% and 15.5% respectively

Marathon Oil Stock Will Continue to Limp Along as the Pandemic Continues

MRO stock is down 56% from last December, and it doesn't seem like stock will rally anytime soon considering the volatility in the market

Auto sector will feel the maximum pain this year: Prashant Jain

‘The impact on wages is significant and auto is a discretionary product

Markets march higher for third day; post weekly gains

India Business News: Equity benchmarks finished in the green for the third session on the trot on Friday as investors scooped up FMCG, finance and banking stocks despite n

Covid takes toll on core sector, output slumps 38% in April

India Business News: Output of eight core sector industries plunged 38.1% in April — probably the steepest ever — led by an over 80% slump in cement and steel production d

Forex - Dollar Drifts Lower in Tight Trading Ranges

Forex - Dollar Drifts Lower in Tight Trading Ranges

Why The S&P 500 Rebounded And Why It (Maybe) Makes Sense

True corporate profits have stagnated since 2012, clouded by lower tax rates, and share buybacks. Lower interest rates are not a justification for higher valuat

India's GDP growth dips to 3.1% in January-March 2020; 11-year-low of 4.2% in 2019-20

India's economic growth slipped to 3.1 per cent in the January-March quarter of 2019-20 showing impact of COVID-19 pandemic. The gross domestic product (GDP) had expanded by 5.7 per cent in the

Dilip Buildcon consolidated Q4 profit more than doubles to Rs 191 crore

The company had clocked a profit of Rs 84.09 crore during the corresponding period of 2018-19, it said in a BSE filing.

Ecolab: High Multiple, 'Leaky Equity Bucket', Time To Cash Out

Ecolab has provided solid returns for shareholders over the last five years or more. Ecolab shares are trading at possibly unsustainably high multiples. A detai

TVS Motor shares dip over 3% as March quarter profit plunges 43%

The company said it had successfully transitioned to BS-VI

Indian economy grew at just 3.1% in January-March quarter, the slowest in 11 years

Output of eight core industries, meanwhile, declined by a whopping 38.1% in April, as against 9% in March.

Trip.com Group Ltd (TCOM) CEO Jane Sun on Q1 2020 Results - Earnings Call Transcript

Trip.com Group Ltd (NASDAQ:TCOM) Q1 2020 Earnings Conference Call May 28, 2020, 20:00 ET Company Participants Michelle Qi - Senior IR Director James Liang - Co-

Andhra Paper Q4 net profit up 55% to Rs 93 crore

Andhra Paper's total expenses stood at Rs 234.42 crore as against Rs 285.45 crore, down 17.87 per cent.

GDP growth slows to 3.1% in Q4; fiscal deficit widens to 4.59% of GDP in 2019-20

Gross Domestic Product (GDP) 4th Quarter Data: The growth in GDP during 2019-20 is estimated at 4.2 per cent, slowing to an 11-year low, as compared to 6.1 per cent in 2018-19.

You Can't Afford Bad Investments

This is another article that's not about specific companies, but about investment mentality and lessons in how to structure yourself when investing. This, I bel

Stocks To Buy In A Post-Pandemic World

The pandemic proved that not only is technology critical, but they can be a lifeline for a business. Insurance has performed very well, enough for most major in

Share Market Update: Sensex ends 233 points higher, Nifty at 9,580; Wipro, BPCL, ONGC, Indian Oil top gainers

Stock Market LIVE Updates:

Unique ETFs With Downside Protection | Part 1 - SWAN ETF

SWAN ETF is a means of participating in the upside of the S&P 500 (not by 100%) while limiting your downside significantly. Think of this as a treasury fund wit

Have No Fear Of Missing Out

The S&P 500 appears to be breaking out to the upside. New all-time highs ahead? The fundamental reality not only challenged but is also in sharp contrast to rec

NIO Limited (NIO) CEO William Li on Q1 2020 Results - Earnings Call Transcript

NIO Limited (NYSE:NIO) Q1 2020 Earnings Conference Call May 28, 2020 08:00 ET Company Participants Rui Chen - Director, Investor Relations William Li - Founder,

Financials, tech hit by HK tensions, Trump attack

Financials, tech hit by HK tensions, Trump attack

Govt unlikely to press for hike in GST rates for non-essentials next month

However it will have to find ways in which essential and non-essential items can be segregated

Stocks rebound after Trump pulls his punches on China

S&P 500 ends higher after presidential press conference on Hong Kong security law

Finance ministry not in favour of raising GST rates on non-essential items

Although government has eased restrictions in the ongoing lockdown and allowed businesses to restart operations, India’s more than two-month-long lockdown and flight of migrant workers from urban and industrial centres have crippled economic activity.

Sensex ends 6% higher this week, Nifty Bank surges 12%; check key factors behind markets’ upmove

Sensex recovered 600 points from day's low to end at 32,424 while Nifty 50 index settled at 9,580. During this week both Sensex and Nifty gained 6 per cent each

Why Growth Will Continue To Outperform 'Traditional Value'

Growth investing has handily outperformed traditional value investing over the last ten years, a trend which has been exacerbated since the pandemic. Traditiona

Pandemic's hit to Japan's factory, retail sectors deeper than expected

TOKYO — Japan’s April factory output fell at a much faster-than-expected pace and retail sales tumbled the most in more than two decades as a coronavirus-triggered state of emergency dealt a heavy blow to the economy.

Metropolis Healthcare Q4 net profit declines 56% to Rs 15.49 crore

The company had posted a net profit of Rs 34.84 crore for the corresponding period of the previous fiscal, Metropolis Healthcare said in a BSE filing.

Pandemic hit to Japan's factory, retail sectors deeper than expected; jobless rate up to 2.6%

Japan's April factory output fell at a much faster-than-expected pace and retail sales tumbled the most in more than two decades as a coronavirus-triggered state of emergency dealt a heavy blow to the economy. Global activity ground to a halt in April as government-imposed lockdowns due to the pandemic disrupted…

IIFL Finance Consolidated March 2020 Net Sales at Rs 1,286.70 crore, down 7.93% Y-o-Y

IIFL Finance Standalone March 2020 Net Sales at Rs 774.65 crore, down 8.34% Y-o-Y

Taking Stock: Volatile Friday! Nifty reclaims 9,500; Sensex rallies over 200 points

Sectorally, the S&P BSE Realty index gained 4.5 percent, BSE Oil & Gas index 3.4 percent and BSE FMCG index was up 2.8 percent.

Forex Today: Dollar dives, decoupling from stumbling stocks ahead of Trump's Chinese announcement

Here is what you need to know on Friday, May 29: The US dollar remains on the back foot, with EUR/USD topping 1.11, despite a worsening market mood re

Ceat Consolidated March 2020 Net Sales at Rs 1,573.41 crore, down 10.63% Y-o-Y

GDP growth likely be at 3.6% in Jan-Mar quarter, says Care Ratings; govt to release data today evening

The country's GDP growth is likely to be at 3.6 percent in January-March 2020 as economic activity came to a complete halt due to the countrywide lockdown imposed to contain the coronavirus outbreak, says a report

Budget deficit hits $40b and still rising

The federal budget deficit had blown out to $40 billion by the end of April, as coronavirus emergency spending began to kick in and tax revenue was squeezed.

What every Canadian investor needs to know today

A look at the morning’s market action

Auto index outperforms benchmark Sensex for second straight month

In the past two months, M&M has rallied 55%, while Hero MotoCorp soared 46% followed by Escorts (up 37%) and Bajaj Auto (up 32%)

Council may find it difficult to raise GST rates

IANS New Delhi The GST Council is unlikely to make major changes in the indirect tax structure at its next meeting slated mid June. A top government so

Council may find it difficult to raise GST rates

IANS New Delhi The GST Council is unlikely to make major changes in the indirect tax structure at its next meeting slated mid June. A top government so

Deflation fears as eurozone price growth falls to four-year low

Economists highlight dangers of an accompanying drop in demand

IIFL Finance March Quarter profit plunges 81% to Rs 59 crore

The company, which is mainly engaged in financing and investment business, had logged a profit of Rs 305.89 crore in January-March, 2018-19.

SPECIAL REPORT: Oil prices volatility deflates Nigeria’s GDP

THE Nigerian economy has been facing challenges for the past five years following its over dependence on oil as a major source

US consumer spending sinks by record 13.6% in face of virus

Even with employers cutting millions of jobs, personal incomes soared 10.5 per cent in April, reflecting billions of dollars in support through government payments in the form of unemployment aid and stimulus checks.

Low Q4 growth telling commentary on economic mismanagement of BJP govt: Chidambaram

'We had forecast that GDP for Q4 will touch a new low at below 4 per cent. It has turned out to be worse at 3.1 per cent. It is a telling commentary on the economic management of the BJP government,' he tweeted.

Muthoot Cap Standalone March 2020 Net Sales at Rs 146.90 crore, up 7.67% Y-o-Y

Yen perks up, dollar sags as markets jittery before Trump speaks on China

TOKYO, May 29 ― The yen rose against major currencies today as caution ahead of US President Donald Trump's press conference on China's treatment of Hong Kong triggered safe-haven inflows. The dollar drifted lower against the euro and the British pound but could quickly reverse course amid...

Sensex surges 224 points; Nifty tops 9,550-mark

Extending its rising streak to the third session, equity benchmark Sensex jumped 224 points on Friday, driven by gains in HDFC, ITC and HUL despite weak cues from global markets. After gyrating 656.72

Middleby's Premium Is Gone, But Longer-Term Demand Destruction Is A Real Concern

Covid-19 is hammering the foodservice industry, leading to a 9% organic decline in Commercial Foodservice revenue in Q1, and orders have declined sharply in Apr

GST Council to meet next month; FinMin not for raising rates on non-essential items

Post the lockdown, the demand has to be induced and economic activity has to improve on all fronts, not just on essential items side, they said. However, the decision will be taken by the GST Council headed by the finance minister, according to sources.

LT Foods Consolidated March 2020 Net Sales at Rs 1,197.95 crore, up 18.76% Y-o-Y

GST Council may find it difficult to raise GST rates

It was widely expected that the GST Council could consider raising tax rates and cess on certain non-essential items to boost revenue for states and the Centre.Several states have reportedly taken an over 80-90% hit in GST collections in April

Council may find it difficult to raise GST rates

 The GST Council is unlikely to make major changes in the indirect tax structure at its next meeting slated mid June.

Wendt Standalone March 2020 Net Sales at Rs 22.79 crore, down 29.9% Y-o-Y

Auto Corp Goa Standalone March 2020 Net Sales at Rs 75.40 crore, down 29.79% Y-o-Y

S&P 500, Nasdaq rally to close week higher as Trump’s actions against China seen not as disruptive as feared

Stock index benchmarks ended mostly higher Friday and booked sharp gains for the week and month, after a news conference from President Donald Trump on China...

GST Council to meet next month; Finance Ministry not in favour of raising rates on non-essential items

The finance ministry is not in favour of increasing goods and services tax rates on non-essential items in the next month's meeting of the GST Council, despite depressed revenue collections due to

Rain Industries Consolidated March 2020 Net Sales at Rs 2,897.65 crore, down 9.35% Y-o-Y

Buy TVS Motor Company; target of Rs 422: ICICI Securities

ICICI Securities is bullish on TVS Motor Company has recommended buy rating on the stock with a target price of Rs 422 in its research report dated May 29, 2020.

Hold TVS Motors; target of Rs 318: Prabhudas Lilladher

Prabhudas Lilladher recommended Hold rating on TVS Motors with a target price of Rs 318 in its research report dated May 28, 2020.

Low Q4 growth telling commentary on economic mismanagement of BJP govt: Chidambaram

India's economic growth slowed to 3.1 per cent in January-March and to an 11-year low of 4.2 per cent for the full fiscal 2019-20 amid a drop in consumption and investment.

'Global growth worries, US-China tensions likely to keep crude prices choppy'

We may see choppy trade however general bias may be on the downside on global growth worries and US-China tensions.

India GDP growth dips to 3.1 pc in Jan-Mar; 4.2 pc in 2019-20

The gross domestic product (GDP) had expanded by 5.7 per cent in the corresponding quarter of 2018-19, according to data released by the National Statistical Office (NSO) on Friday.

Wendt Consolidated March 2020 Net Sales at Rs 26.29 crore, down 28.87% Y-o-Y

Rupee rises 11 paise to 75.65 against US dollar in early trade

The rupee appreciated 11 paise to 75.65 against the US dollar in opening trade on Friday as foreign fund inflows and weak American currency boosted investor confidence. Forex traders said investors

The close: TSX ends lower, crude has best month on record

U.S. stocks finish mostly higher as investors take in latest Trump news

Sensex surges 224 pts; Nifty tops 9,550-mark

Extending its rising streak to the third session, equity benchmark Sensex jumped 224 points on Friday, driven by gains in HDFC, ITC and HUL despite weak cues from global markets.

Canada's economy shrinks 8.2% in Q1 2020

The drop in Canada's gross domestic product in the 1st quarter of 2020 is the sharpest since the 1st quarter of 2009

Lupin’s Q4 net profit rises 35 per cent 

Pharma major Lupin Ltd has reported 34.5 per cent rise in its consolidated net profit to Rs 389.6 crore for the January to March quarter (Q4 FY20) as compared to Rs 289.5 crore in the corresponding period of previous fiscal.

GST Council to meet next month; FinMin not for raising rates on non-essential items

If goods and services tax (GST) rates are increased on non-essential items, sources said it will further bring down their demand and impede the overall economic recovery.

Rupee rises 11 paise to 75.65 against US dollar in early trade

The rupee opened at 75.71 at the interbank forex market and then gained further to 75.65, up 11 paise over its last close.

Hind Nat Glass Standalone March 2020 Net Sales at Rs 537.00 crore, down 15.34% Y-o-Y

GST Council to meet next month; FinMin not for raising rates on non-essential items

The nationwide lockdown was announced by Prime Minister Narendra Modi on March 24 for 21 days in the first leg in a bid to contain the spread of novel coronavirus.

Omega Healthcare: This Outperformer Is Undervalued With An 8.7% Yield

Omega Healthcare has a strong track record with market beating returns. The current share price offers an attractive entry point with a strong going-in yield. M

Agro Tech Foods Standalone March 2020 Net Sales at Rs 204.67 crore, up 2.24% Y-o-Y

Lupin Standalone March 2020 Net Sales at Rs 2,483.88 crore, down 16.42% Y-o-Y

Markets buck global trend, march higher for third day

On Friday, the benchmark Nifty was up by 90.20 points or 0.95% to close at 9,580.3. The 30 share index Sensex was up by 223.51 or 0.69% to close at 32,424.1.

Market movers: Vodafone in focus, pharma names rally; 2 stocks give sell signals

Here is what happened in Fridays session.

Muthoot Capital Q4 profit falls 40% to Rs 14 crore on auto sector woes

The company attributed the poor set of numbers primarily to the troubles in the auto industry arising from the switchover to BS-VI emission norms and also the disruptions caused by the COVID-19 pandemic in the last 15 days of the quarter.

Dollar in narrow range as focus shifts to Trump's China response

Dollar in narrow range as focus shifts to Trump's China response

USD/CNH struggles to hold near to 7.20, bearish bets of weaker dollar play out

USD/CNH has been sent back to a low of 7.1659 on Friday, travelling from a monthly high printed yesterday and a touch below there today at 7.1770 as E

Coronavirus Impact: GDP growth lowest in 11 years

India's gross domestic product (GDP) grew at 3.1 per cent in the final quarter of financial year 2019-20, lowest in 44 quarters, according to the government data released on Friday. Overall growth for FY20 slumped to 4.2 per cent - lowest since FY09 when

What does coronavirus mean for Las Vegas housing?

Sin City, which is known for its huge tourist industry, has especially felt the blow of lock down during the past couple of months. But what does that mean for the housing market? I sat down with f...

Economy worst in decade

Statistics Canada says the economy in the first quarter had its worst showing since 2009 as steps taken to slow the spread of COVID-19 forced businesses across the country to close their doors and lay off workers.

Where to invest to generate passive income

While some do require you to put in a lot of work before you can generate that said passive income, we have still decided to include them

GDP Growth Rate In FY20 Better Than Expected At 4.2 Per Cent; 4th Quarter Growth Rate Plummets To 3.1 Per Cent  

As per the data released by the government, India reported a better than expected growth of 4.2 per cent in FY20, reports India Today. Although the figure marks the lowest growth rate in 11 years, the performance is higher than what many experts had forecast.

The L In L-Shaped Recovery Stands For Long

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

Bet on agrarian theme as rural economic recovery will stand out: Mukul Kochhar

‘We have had a very good winter harvest this time

World shares fall as Hong Kong, U.S.-China tensions weigh

Shares fell Friday in Europe and Asia as investors awaited a news conference about China by President Donald Trump later in the day.

Asia shares fall as U.S.-China tensions douse rally on Wall St

Shares fell Friday in Asia as investors awaited a news conference about China by President Donald Trump later in the day.

Low Q4 growth telling commentary on economic mismanagement of BJP govt: P Chidambaram

"Remember, this is pre-lockdown. Of the 91 days of Q4, lockdown applied to only 7 days," the former finance minister said.

GST hike on non-essential items unlikely despite falling revenues

Sources indicated that as of now there is no proposal to reduce GST rate on essential items, even as it is ultimately GST Council which will take any decision on changing the tax rates and not just the central government.

Asia shares fall as US-China tensions douse rally on Wall St

Shares fell Friday in Asia as investors awaited a news conference about China by President Donald Trump later in the day.

CEAT up 6% on 14% YoY growth in Q4 EBITDA, partial resumption of operations

The company has resumed operations at most of its factories with easing in lockdown restrictions, and is gradually witnessing pick up in demand as well, Kumar Subbiah, CFO of CEAT said

3M: Don't Buy This Dividend King And No, COVID-19 Is Not To Blame

MMM is a Dividend King with a 61-year streak of increasing dividends and has been a dividend growth investor favorite. First-quarter results were acceptable and

Buy Sun Pharmaceutical Industries; target of Rs 540: ICICI Direct

ICICI Direct is bullish on Sun Pharmaceutical Industries has recommended buy rating on the stock with a target price of Rs 540 in its research report dated May 28, 2020.

Jubilant Life Sciences posts Rs 260.49 crore profit for March quarter

Consolidated revenue from operations stood at Rs 2,391.41 crore for the quarter under consideration as against Rs 2,385.58 crore for the same period year ago, it added.

What changed for the market while you were sleeping? Top 10 things to know

Trends on SGX Nifty indicate a gap down opening for the index in India with a 101 points loss.

RIL, HDFC Bank send Sensex 300 points down; check what’s dragging markets today

Among top Sensex losers, Axis Bank was followed by IndusInd Bank, HDFC Bank, Kotak Mahindra Bank, Tata Steel and HDFC, down in the range of 2-3 per cent.

Sundaram-Clayton Ltd posts 23.43% rise in Q4 standalone net

The city-based TVS Group company had registered net profits at Rs 50.27 crore during corresponding quarter previous year.

Finance ministry not in favour of  raising GST rates on non essentials

Under the GST (Compensation to States) Act, 2017, protected revenues of the state governments is calculated on the basis of a 14% annual growth rate with FY16 as the base year

US consumer spending sinks by record 13.6% in face of virus

WASHINGTON — U.S. consumer spending plunged by a record-shattering 13.6% in April as the viral pandemic shuttered businesses, forced millions of layoffs and sent the economy into a deep recession.

US consumer spending sinks by record 13.6% in face of virus

WASHINGTON — U.S. consumer spending plunged by a record-shattering 13.6% in April as the viral pandemic shuttered businesses, forced millions of layoffs and sent the economy into a deep recession.

Canada: Q1 GDP slump is just a preview of what’s coming in Q2 – NFB

Data released on Friday, showed real GDP contracted in Canada at an annualized rate of 8.2% during the first quarter. According to National Bank of Ca

Rand, stocks drop with focus on US response to China over Hong Kong

The rand treaded water for most the session and but saw some selling late on after the trade balance for April swung to a large deficit as exports tumbled.

CBN forecasts slower growth, reduces lending rate to 12.5%

Nike Popoola The Monetary Policy Committee on Thursday said the lower growth recorded in the economy in first quarter of 2020 was expected to dip slightly but with combined monetary and fiscal sti...

Hold Aarti Industries; target of Rs 1002: East India Securities

East India Securities recommended hold rating on Aarti Industries with a target price of Rs 1002 in its research report dated May 29, 2020.

Sensex, Nifty fall ahead of GDP numbers; Vodafone Idea jumps 14%

At around 9:30 am, BSE Sensex was trading 259.77 points lower at 31,940.82, while NSE Nifty was down 0.72 per cent at 9,422. By 9:35 am, Sensex was down over 320 points and Nifty was struggling to stay above 9,400. 

USD/JPY drops to near 2-week lows amid escalating US-China tensions

The USD/JPY pair dived to near two-week lows in the last hour, albeit managed to find some support ahead of the 107.00 round-figure mark. Having repea

GST Council likely to meet in mid-June

Tax revenue details withheld till July, officials say no point in disclosing now as returns filing extended

Buy Aditya Birla Fashion and Retail target of Rs 137: Anand Rathi

Anand Rathi is bullish on Aditya Birla Fashion and Retail has recommended buy rating on the stock with a target price of Rs 137 in its research report dated May 28, 2020.

Buy Radico Khaitan; target of Rs 400: ICICI Direct

ICICI Direct is bullish on Radico Khaitan has recommended buy rating on the stock with a target price of Rs 400 in its research report dated May 29, 2020.

Buy Orient Cements; target of Rs 63: Cholamandalam securities

Cholamandalam securities is bullish on Orient Cements has recommended buy rating on the stock with a target price of Rs 63 in its research report dated May 29, 2020.

USD/CAD holds steady, up little around 1.3770 amid weaker oil prices

The USD/CAD pair edged higher on Friday, albeit lacked any strong follow-through and remained confined in a three-day-old trading range. A sharp fall

Sagar Cements Q4 profit down 94% to Rs 1.18 crore

The Hyderabad-based company had posted a net profit of Rs 18.75 crore in January-March, 2018-19, Sagar Cements said in a BSE filing.

Fiscal deficit widens to 4.6% of GDP in 2019-20

The deficit, which signifies the gap between government revenue and expenditure, is higher than the revised estimate of 3.8 per cent for the fiscal.

Dollar bides time, yuan falls before Trump takes stage on China

TOKYO — The dollar was hemmed into a narrow trading range on Friday as traders’ focus shifted to U.

Rain Industries surges 17% on healthy operational performance in March qtr

The company's Ebitda margin expanded 780 basis points to 19.3 per cent from 11.5 per cent in the year-ago quarter.

ESAF Small Finance Bank Q4 PBT up 42% at Rs 74 cr, income rises 32%

Full-year PBT doubles to Rs 256.26 crore from Rs 127.18 crore

StatCan expected to report GDP down nine per cent in March, 10 per cent in Q1

OTTAWA — Statistics Canada is expected to report today that economic growth swung negative in March and the first quarter as a whole due to the COVID-19 pandemic.

Lupin reports 25% fall in pre-tax profit at Rs 412 cr in Q4 on low sales

On a sequential basis, however, the company fared better, both in terms of sales and profits. The stock ended day's trade at Rs 869.8, down 1.3 per cent.

The 9 Best Cheap Stocks to Fill Up On Now

Due to the devastation of the coronavirus, cheap stocks are a dime a dozen. However, these nine ideas may offer significant upside.

Should You Invest in Companies Likely to Benefit from the Great Lockdown?

Is this a recipe for disaster, or could you beat the market by aiming to predict the future?

Point/Counterpoint: Value Vs. Growth

Point/Counterpoint: Value Vs. Growth

Fiscal deficit widens to 4.6% of GDP in FY20 on poor revenue realisation

The deficit, which signifies the gap between government revenue and expenditure, is higher than the revised estimate of 3.8 per cent for the fiscal

Hike in GST rates unlikely

If goods and services tax (GST) rates are increased on non-essential items, sources said it will further bring down their demand and impede the overall economic recovery.

Sensex, Nifty close higher for third straight session: Key factors behind the share market rally

Amid weak cues from global markets, Sensex and Nifty opened lower, although erased early losses and reversed trend by the last hour of the session, amid rally in sector specific action. Barring IT and media, all the indices closed higher, amid heavy gains in realty, pharma and FMCG stocks

Semler Scientific: High-Quality Medical Stock With Cash Flow Growth And Zero Debt

Semler Scientific's blood-flow measurement product, QuantaFlo, offers major advantages over the more widely-used blood pressure cuff technique. Semler achieved

First-quarter earnings to be adversely hit by lockdown, here’s how to invest | Angel Broking INTERVIEW

With the nation-wide lockdown spreading over two months of the first quarter of financial year 2020-21, it is a given that India Inc’s first quarter earnings are to be adversely impacted.

Innovation? It’s all about the data, darling

In all my research into financial services innovation one trend stands out above any other: it’s all about the data.

Buy Kewal Kiran Clothing; target of Rs 820: ICICI Direct

ICICI Direct is bullish on Kewal Kiran Clothing has recommended buy rating on the stock with a target price of Rs 820 in its research report dated May 29, 2020.

Debt market’s love for G-Secs & PSU papers is here to stay

Risk of a high-quality portfolio is volatility, as underlying securities are traded frequently.

Pandemic pain: Output of 8 core sectors contracts 38.1% in April

As expected, the lockdown wreaked havoc on the output of eight core industries in April, contracting 38.1 per cent for the month under review.The eight core industries — coal, crude oil, natural gas,

Closed-End Funds: Eaton Vance's Option Funds

Eaton Vance offers many respectable funds. Today, I wanted to give a broad overview of the option based funds we don't discuss very often. I also wanted to touc

Nutanix: Strong Subscription Revenue Proves Bull Thesis

Nutanix reported revenue and billings growth of 11% during the quarter, though subscription revenue grew an impressive 55% and represents ~82% of total revenue.

Oil falls but set to post biggest monthly rise in years on output cuts

Brent crude slipped 43 cents, or 1.2%, to $34.86 a barrel by 0643 GMT and US West Texas Intermediate (WTI) crude was at $33.14 a barrel, down 57 cents, or 1.7%.

Finding Comfort Outside Of The MegaTechs

Megatech has done well lately. But for investors over allocated to Facebook, Apple, Amazon, Microsoft and Alphabet, there are other tech stocks with good growth prospects and strong balance sheets.

WTI struggles to cheer USD weakness, drops 1.40% in Asia

WTI seesaws around $33.35/40 during the early Friday’s trading session. The energy benchmark seems to fail in cheering the US dollar weakness amid fea

Buy Visaka Industries; target of Rs 250: ICICI Securities

ICICI Securities is bullish on Visaka Industries has recommended buy rating on the stock with a target price of Rs 250 in its research report dated May 29, 2020.

Financial Markets Continue To Rise Despite Dismal Employment Data

The April unemployment rate was 14.7 percent as jobless claims continue to roll in. Q1 GDP was down 5 percent. If consumer spending does not rebound, then the r

Amazon Faces A Brand New World

The top end of our fair value estimate range for Amazon stands at $2,465 per share. In this article, we cover our revenue, EBITDA, net operating cash flow, and

Lupin Q4 results: Consolidated net profit rises 35% to Rs 390 cr; income from operations marginally down

Drug firm Lupin has reported a 34.55 percent rise in its consolidated net profit to Rs 389.63 crore for the quarter ended March 2020 mainly on account of robust sales in the domestic market and lower tax expenses

Continue Avoiding Carnival Cruise Stock for Now

Carnival is performing much better than a few months ago. But that doesn't mean CCL stock is a buy. Let's look elsewhere instead.

Essential Properties: E-Commerce-Resistant Real Estate For The Long Term

Since EPRT focuses on service and experience tenants, it has been hit particularly hard by COVID-19, but it should also fare well in the e-commerce dominated wo

GBP/USD hits 2-1/2-week high, around 1.2365 region ahead of Trump

The GBP/USD pair quickly reversed a mid-European session dip to sub-1.2300 level and jumped to the highest level since May 12, around the 1.2365-70 re

GST hike in non-essential items ruled out

Govt says ‘no’ for printing notes to bridge deficit

Japan’s low unemployment rate conceals deeper labour market pain

TOKYO, May 29 — Japan’s labour market in April appeared to be weathering a severe slowdown in economic activity due to the coronavirus pandemic, but a closer look at official data released today revealed a less rosy picture. Japan’s jobless rate rose to 2.6 per cent in April from 2.5 per cent...

India's FY20 fiscal deficit at 4.59% of GDP, suprasses budget target of 3.8%

The fiscal deficit is 122 per cent of Rs 7.67 lakh crore budget aim of the government for fiscal 2019-20

Rupee rises 7 paise against the US dollar; all eyes on GDP data

“For the day, we expect volatility for the rupee to be confined to a narrow range of 75.40 and 76.20,” MOSL said.

Sensex, Nifty stuck in coronavirus storm; should investors expect profit in 2020?

It seems investors are sitting on boundaries in a wait-and-watch mode and traders are reaping gains from the volatility cycle in which the benchmark indices are stuck.

Euro zone flash inflation at four-year low in May

Consumer prices in the 19 countries sharing the euro declined by 0.1% in month of May

Brighthouse Financial Inc: A 6.75% Preferred Stock IPO From This Life Insurer

Brighthouse's new preferred stock, BHFAO, is currently trading above its par value. The common stock does not pay dividend, but the company holds almost $9 bill

Earnings: What Canadian Banks Are Telling Us And Which One Is My Favorite

All Canadian Banks reported their earnings during the week of May 25 th. They all revealed massive earnings decreases due to higher provisions for credit losses

Buy United Spirits; target of Rs 650: ICICI Direct

ICICI Direct is bullish on United Spirits has recommended buy rating on the stock with a target price of Rs 650 in its research report dated May 28, 2020.

Buy Federal Bank; target of Rs 67: Prabhudas Lilladher

Prabhudas Lilladher is bullish on Federal Bank has recommended buy rating on the stock with a target price of Rs 67 in its research report dated May 29, 2020.

Byotrol: A COVID-19 Four Bagger I Think Is Too Risky

Byotrol has antimicrobial technologies for which demand has surged due to COVID-19. Its shares have performed well, more than quadrupling at one point on its ye

Hold Dabur India; target of Rs 492: Arihant Capital

Arihant Capital recommended hold rating on Bajaj Auto with a target price of Rs 492 in its research report dated May 29, 2020.

Procter & Gamble Health posts net profit of Rs 46.5 crore for March quarter

It had posted a net profit of Rs 40.70 crore in the corresponding quarter a year ago, Procter & Gamble Health said in a regulatory filing.

Covid-19 impact: IndiGo, SpiceJet may clock combined Q4 loss of Rs 3,350 cr

According to Elara Capital, IndiGo and SpiceJet could report a cumulative net loss of Rs 3,350 crore in Q4FY20, as against a profit of Rs 570 crore in Q3FY20 and Rs 650 crore in Q4FY19.

Three game-changing ideas for our post-pandemic world

Institutions may have faltered but, argues the FT’s innovation editor, human ingenuity will save the day

S&P 500, Dow dip on jitters over Trump's China response

U.S. stock futures dropped on Friday as investors braced for President Donald Trump's response to China's national security legislation for Hong ...

At 4.6% of GDP, last year's fiscal deficit breached FRBM Act escape clause

The total revenue for FY20 was Rs 17.5 trillion, or 90.6 per cent of revised estimates of Rs 19.32 trillion, compared with 91.4 per cent for the same period last year.

Credit growth 'stops' in April

Lending growth froze in April for the first time since 2011 due to a plunge in credit card spending by shoppers during the coronavirus shutdowns.

3 Reasons to Buy Microsoft on the Next Dip

Microsoft stock is trying to make new highs, as bulls continue to bid the stock higher. Here are a few reasons to still like MSFT.

3 Reasons to Still Trust High-Flying Wayfair

The economy is just turning around, which would benefit the online furniture retailer.

Coca-Cola Hellenic Bottling Company: Revenue Growth With Margin Expansion

Coca-Cola Hellenic Bottling Company is the fifth-largest Coca-Cola bottler by revenue and third largest by volume. The company operates under a 10-year agreemen

Generating Alpha Using CEFs

With volatility subsiding across financial markets CEF investors may be turning to other ways to generate returns over and above their beta exposure. We discuss

Crude oil prices fall but remains set for biggest monthly gain in years

US West Texas Intermediate (WTI) crude was down $1.28, or 3.8 per cent, at $32.43.

Exxon Mobil: Higher Oil Prices To Recover Share Price

Exxon Mobil is one of the world’s largest oil and gas companies. The company’s business has been hit hard by coronavirus outbreak but oil prices may quickly rec

Covid-19 lockdown: FY21 GDP growth rate forecasts pose a big worry

However on the extreme ends, Bernstein pegged fall in the gross domestic product (GDP) at 7 per cent and Asian Development Bank projected GDP growth at 4 per cent

US consumer spending plunged the most ever last month as savings spiked to a record high

A drop in spending could have a devastating effect on the US economy, as consumption is responsible for roughly two-thirds of gross domestic product.

'It is still too early to say that it is the end of the SIP trend'

SIP flows have reduced for just about a month or two, during the last two months of the lockdown, but we cannot ignore that there have been genuine challenges on mobility.

WTI slips below $34.00 amid risk reset in early Asia

WTI extends its declines from $34.34 to $33.56 amid the initial Asian session on Friday. In doing so, the oil benchmark probes the previous day’s reco

Fiscal deficit for 2019-20 at 4.6%

The Controller General of Accounts (CGA) on Friday reported fiscal deficit for 2019-20 at 4.6 per cent of the GDP as against 3.8 per cent projected in the revised estimate. Fiscal deficit for the fir

BIZD: I Got The Memo And It Said Burn Before Reading

My best-case scenario target price is $13.69, and I am bullish on BIZD. The average dividend growth rate for the BDCs in BIZD's top ten holdings during the 2008

RCF Q4 results: Profit jumps nearly 3-fold at Rs 142 crore

Its net profit stood at Rs 47.16 crore in the year-ago period, the company said in a regulatory filing.

Markets march higher for third day in a row

Equity benchmarks finished in the green for the third session on the trot on Friday as investors scooped up FMCG, finance and banking stocks despite negative overseas cues and rising Covid-19 cases

The Smartest Stocks to Invest $2,500 Into Right Now

Your pocketbook will thank you if you hang onto these quality companies for the long term.

USD/CHF dives to 4-week lows, around 0.9600 mark amid notable USD supply

The intraday USD selling bias picked up pace during the early European session and pushed the USD/CHF pair to near four-week lows, around the 0.9600 m

First Horizon National: A 6.5% Yield Your Portfolio Should Have

First Horizon National is one of the largest regional banks in the Southeast with more than $32 billion in deposits. The company has seen strong loan growth amo

Latvian GDP contracted by 1.5% in first quarter

Data compiled by the Central Statistical Bureau (CSB) show that in the first quarter of 2020, compared to the first quarter of 2019, gross domestic product (GDP) decreased by 1.5 % (according to seasonally and calendar non-adjusted data).

3 Natural Gas Stocks for a Cleaner Future

Strong demand for natural gas is likely from emerging markets in the coming decade. This will trigger growth and value creation for natural gas stocks.

Fiscal deficit widens to 4.6% of GDP in FY20

This was the highest level of deficit for the Centre since FY13.

Defense Is Still A Viable Offense

Canadian stocks have made an impressive recovery off the late March lows, leaving the market susceptible to a slower reopening and earnings recovery than is cur

Oil falls but remains set for biggest monthly gain in years

LONDON: Oil prices were dragged sharply lower on Friday by weak US fuel demand, fears of a second wave of coronavirus cases in South Korea and a worsening in US-China relations, but were still on track for a hefty monthly gain. July Brent crude fell 72 cents, or 2 percent, to $34.57 a barrel by midday in London. US West Texas Intermediate (WTI) crude was down 83 cents, or 2.5

Staying close to your customers, even when you’re apart

How to achieve better engagements, improved customer experience, more sales and increased job satisfaction.

Stifel Financial Corp.: A New 6.125% Preferred Stock IPO Trading At A 4.50% Premium

Stifel Financial Corp.'s new preferred stock, SF-C, is trading above its PAR, having a YTW of 5.12%. Company's leverage and liabilities' payments look solid. SF

Fiscal deficit widens to 4.6% of GDP in 2019-20

As per CGA data, the FY20 fiscal deficit worked out to be 4.59% of the GDP, while the revenue deficit was 3.27%.

India's eight core infrastructure sectors contract 38.1% in April

Massive contraction recorded amid a nationwide lockdown to contain the spread of coronavirus

Crisis growing as GDP data signals weakening demand, growth impulses

India's economy was already slowing down before it entered the Covid-19 year of 2020-21, writes D K Srivastava.

USD/JPY off lows, still in the red below mid-107.00s ahead of Trump

The USD/JPY pair now seems to have entered a bearish consolidation phase and was seen oscillating in a range near two-week lows, just above the 107.00

Why CBN slashed monetary policy rate - Official

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has explained why it slashed the monetary policy rate, popularly called lending rate, from 13.5 per cent to 12.5 per cent.

Month-End Profit-Taking Weighs On Equities As The Euro Pops Above $1.11

Equity markets in the Asia-Pacific region were mixed, with Japan, Hong Kong, Australia, and Taiwan seeing selling pressure. The Dow Jones Stoxx 600 is snapping

RYB Education Inc (RYB) CEO Yanlai Shi on Q1 2020 Results - Earnings Call Transcript

RYB Education Inc (NYSE:RYB) Q1 2020 Results Earnings Conference Call May 29, 2020 8:00 AM ET Company Participants Serena Xue - Investor Relations Yanlai Shi -

AUD/USD: Bulls and bears jostle above 0.6600 amid risk-off sentiment

While extending its pullback moves from the intraday low, AUD/USD rises to 0.6638 during Friday’s Asian session. Even so, the Aussie pair manages to f

GDP numbers: Data collection affected due to COVID-19 outbreak, says government

The GDP growth for FY2019-20 came in at 4.2 percent, against 6.1 percent in FY 2018-19.

U.S. merchandise trade fell in April to lowest level in a decade

U.S. merchandise trade in April slumped to the lowest level in a decade as the coronavirus pandemic curtailed demand and disrupted supply lines.

PayPal: Shares Lack Further Upside At The Current Valuation

PayPal has undergone an explosive rally in its share price. Future expectations are set too high. The current valuation does not justify the company's future po

Oil rises about 2% as higher US refinery rates offsets surprise crude build

US crude inventories rose 7.9 million barrels last week, exceeding expectations, due to a big increase in imports from Saudi Arabia, the Energy Information Administration (EIA) says

No, Luckin Coffee Is Not 'Too Cheap'

LK stock has briefly caught a bid this week after falling over 95%. On paper, the numbers for LK can work at the current valuation, given cash on the balance sh

EOG Resources: The Three Wise Monkeys

Revenues were $4.72 billion, up from $4.06 billion in the same quarter the previous year. Total production was a record of 874.1K Boep/d, up 13% from last year,

Affin Bank’s net profit falls to RM123.5m in Q1

KUALA LUMPUR, May 29 — Affin Bank Bhd recorded a lower net profit of RM123.57 million in the first quarter ended March 31, 2020 (Q1 2020) from RM137.23 million in the same period last year. The decline was mainly due to additional allowance for credit impairment losses of RM117.1 million as...

FY20 fiscal deficit widens to 4.59% of GDP, higher than budget aim of 3.8%

This would mean that the government will have limited space to provide economic relief to businesses and individuals hit by coronavirus crisis.In absolute terms, total receipts of the government were ₹17.5 lakh crore against the estimate of ₹19.31 lakh crore

The 5 Best 5G Stocks on the Market Today for Investors

From chipmakers to wireless networks, these 5G stocks offer potential investors a few different angles to play the upcoming 5G rollout.

Markets Weaken On Opening Session As Sensex Slips 247.86 Points, Nifty At 9438 Points

The stock market was pulled down as Infosys and Axis Bank slipped 2 per cent each respectively, while Vodafone Idea soared 10 per cent on news that Google is interested in buying a 5 per cent stake in the company.

Oil surges 5% on U.S.-China trade optimism, falling crude output

NEW YORK (Reuters) - Oil prices soared on Friday, with U.S. futures closing out May with record monthly gains, on hopes that the U.S.-China trade deal would remain intact and on falling crude production.

Oil prices fall as U.S. fuel demand remains weak

Oil prices fall as U.S. fuel demand remains weak

S&P: Indian economy will shrink by 5% in FY21 due to coronavirus crisis

In its latest report, S&P Global Ratings predicted India’s economy to contract 5% in the current fiscal year (FY2021), as the coronavirus pandemic con

WTI drops 4% and eyes $32 mark amid risk-off, weakening demand

The selling pressure around WTI (July futures on Nymex) accelerates following the break below the 33 level, as bears now target the 32 support zone he

5 Must-Know Investing Rules for Newbies

Ready to step up your wealth game and start investing? Read this first.

Covid impact: Big tax shortfall raises Centre’s fiscal deficit to 4.6%

Spending kept at 99.5% of RE to support falling economy.

Life After Covid-19

Covid-19 created a record-level disruption across several industries, forcing employers to respond at a record-level pace — including implementing remote jobs on the spot, while, as much as possible, easing employees' concerns to reduce worry and stress.

Indian banks' asset quality pressure may last for at least 2 years: Fitch

Fitch estimates that the impact on impaired loan ratios could be anywhere between 200 to 600 basis points depending on the severity of stress and banks' individual risk exposures.

SMEs need a tech upgrade to survive in the Covid-19 economy

Promoted | Strict lockdown restrictions and social distancing measures aimed at curbing the spread of the novel coronavirus (Covid-19) shut down businesses and limited human movement.

Oil analysts see prices edging up but still capped below $40 a barrel: poll

The survey of 43 analysts forecast Brent crude would average $37.58 a barrel in 2020

GBP/USD Forecast: "Breakout above $1.2360 Would Open a Test of Resistance at $1.2465"

The GBP/USD exchange rate is quoted at 1.2309 ahead of the weekend, with analyst and technical forecaster Richard Perry of Hantec Markets saying the pair is looking increasingly constructive, even if only because of Dollar weakness

Stocks - Europe Lower Amid Nervousness Ahead of Trump Statement

Stocks - Europe Lower Amid Nervousness Ahead of Trump Statement

AUD/USD bulls flirt with 200-DMA, around 0.6660 region

The AUD/USD pair climbed to session tops, around the 0.6660 region in the last hour, with bulls making a fresh attempt to extend the momentum beyond t

Hold Wonderla Holidays target of Rs 145: Sharekhan

Sharekhan recommended Hold rating on Wonderla Holidays with a target price of Rs 145 in its research report dated May 28, 2020.

Big Tech’s Tumble: Why AMZN, MSFT And Other FAAMG Stocks Are Stalling

Stocks Analysis by Matthew Weller covering: S&P 500, Boeing Co, Microsoft Corporation, Alphabet Inc Class A. Read Matthew Weller's latest article on Investing.com

AUD/USD trades at fresh session highs near 0.6660 ahead of key US data

The AUD/USD pair came under strong bearish pressure toward the end of the American session and fell to 0.6620 area. Heightened US-China tensions over

14 Return-On-Equity Champions With Warren Buffett Fundamentals

Warren Buffett considers it a positive sign when a company is able to earn above-average returns on equity. Here are 14 that fit the bill.

US stocks slide as traders await Trump's China news conference

US stocks slipped on Friday ahead of President Donald Trump's news conference on China. US consumer spending in April also posted the biggest dr...

Amid coronavirus outbreak India’s GDP growth slows to 3.1% in Jan-March quarter of FY20

Rupee settles 14 paise higher at 75.62 against US dollar

The rupee appreciated 14 paise to provisionally close at 75.62 against the US dollar on Friday as foreign fund inflows and weak American currency boosted investor confidence.

What Kind Of Innovation Will We Apply To Build Our Post-COVID Food System?

As we imagine our Post-COVID food system, I want to discuss how we will unleash innovation to modernize a massive, brittle food production system and its support structures. Fundamentally, how can we innovate to better match food supply with demand?

Rupee settles 14 paise higher at 75.62 against US dollar

The rupee appreciated 14 paise to provisionally close at 75.62 against the US dollar on Friday as foreign fund inflows and weak American currency boosted investor confidence. Forex traders said invest

Crude futures slip nearly 5% on demand concerns; gain 86.61% in May

In the futures market, crude oil for June delivery touched an intraday high of Rs 2,530 and an intraday low of Rs 2,450 per barrel on MCX.

Buy Federal Bank target of Rs 55: Anand Rathi

Anand Rathi is bullish on Federal Bank has recommended buy rating on the stock with a target price of Rs 55 in its research report dated May 29, 2020.

Dollar in narrow range as focus shifts to Trump’s China response

The local currency shone on Thursday, gaining traction versus the dollar, amid trivial activity. Despite demand for dollars from the corporate and interbank players, the shilling was propelled to close at the 3775-3785 levels as the market was crammed with end month foreign currency inflows. Ahead of the weekend, the home unit may hold on to its recently acquired gains and possibly set new ranges. The dollar was hemmed into a narrow trading range yesterday as traders’ focus shifted to U.S. President Donald Trump’s response to China’s passage of a national security law for Hong Kong. The greenback was on course for a weekly loss against major currencies as progress in lifting coronavirus lockdowns and stimulus plans in Europe weakened demand for safe havens, but the mood could quickly worsen if Sino-U.S. tensions increase.

Fed chair warns of widening inequality as U.S. consumption dives

United States consumer spending plunges by a record 13.6% in April 2020

USD/CAD hangs near 2-1/2-month lows post-US/Canadian data, focus remains on Trump

The USD/CAD pair held on to its softer tone through the early North American session and had a rather muted reaction to the US/Canadian macro data. Th

Wall Street retreats ahead of Trump's response on Hong Kong

President Donald Trump, who has warned of a tough response to China's move, is expected to make an announcement later in the day.

Tokyo stocks open lower on US-China tension

TOKYO, May 29 ― Tokyo stocks opened lower today, tracking falls on Wall Street on rising tensions between the US and China. The benchmark Nikkei 225 index was down 0.56 per cent or 123.03 points at 21,793.28 in early trade, while the broader Topix index slipped 0.65 per cent or 10.20 points to...

Wall Street retreats ahead of Trump's response on Hong Kong

Wall Street's main indexes fell on Friday as investors were on edge ahead of a U.S. response to China's national security law on Hong Kong that ...

Screening For Growth Leaders With Outstanding Profitability

Investing in growth leaders can be great, and investing in growth leaders with attractive profitability can be even better. Presenting a screener that selects c

Visa Is Buy-Worthy Stock as the U.S. Continues to Reopen

Investors forget just how profitable Visa is. With the country reopening, V stock is worth a closer inspection to see if it's a buy.

Bank credit shrinks 1.2% in April, gross bank credit falls to Rs 91.53 trn

Loans in the retail segment contracted 2.5 per cent to Rs 24.90 trillion

Tokyo stocks close lower on US-China tension

TOKYO, May 29 ― Tokyo stocks closed lower today, snapping a four-day winning streak, with investor sentiment dampened by rising US-China tensions over Hong Kong. The Nikkei 225 index slipped 0.18 per cent, or 38.42 points, at 21,877.89. Over the week, the key index rose 7.31 per cent. The broader...

NEA: I See Reasons To Remain Long

NEA continues to trade at an attractive discount to its underlying value. Investment grade munis have a positive spread over treasuries on all points on the yie

Euro business loans up as firms seek cash to weather virus

FRANKFURT, May 29 — Growth in lending to eurozone businesses continued to accelerate in April as companies sought funds to cope with the tough coronavirus lockdowns which hit activity, European Central Bank data showed today. Loans to non-financial firms added 6.6 per cent year-on-year in April...

Major Market Indicators Report June 2020: Downshifting To Neutral

U.S. equity markets stage a V-shaped recovery as our indicators shift down to neutral. Our risk adjusted fair value target on the S&P 500 is 3,080, representing

Buy Federal Bank; target of Rs 54: Emkay Global Financial

Emkay Global Financial is bullish on Federal Bank has recommended buy rating on the stock with a target price of Rs 54 in its research report dated May 28, 2020.

Credit flow: Rs 4L crore reverse repo funds sanctioned as loans

RBI data show banks have parked Rs 6.3 lakh crore under the reverse repo route.

Main Street’s Digital Shift, ATM Innovation, PPP Loans Top This Week’s News

The Weekender has deep dives on Main Street's digital shift, ATM innovation and PPP loans.

Marathon Oil: A Strong Balance Might Not Be Enough

Marathon Oil reported an adjusted loss of $0.16/share for Q1-2020 and with declining production and oil prices of less than $40/bbl, it might report more losses

5 Top Canadian Oil Stocks To Buy In 2020

Pessimism about the Canadian oil and gas sector might be at an all time high but for medium to long-term investors, these stocks might be attractive buys.

Lockdown impact: Eight core industries' output contracts by 38.1% in April

Output of eight infrastructure sectors saw 5.2% growth in year-ago period

EUR/JPY falls back to 200-day SMA as Tokyo inflation beats estimates

The bid tone around the Japanese yen strengthened early Friday, pushing EUR/JPY back to levels below the 200-day simple moving average (SMA) at 119.25

Core sector output contracts by record 38.1 per cent in April

The output of eight core infrastructure industries shrank by a record 38.1 per cent in April due to the coronavirus-induced lockdown, according to the official data.

ANALYSIS: How SA can balance control of COVID-19 and avoid economic disaster

South Africa's management of the COVID-19 pandemic must now shift from a centrally regulated approach to one that enables participation and compliance by communities, workers and businesses.

Restarting The American Economy: The Most Essential Factors

According to some sources, unemployment is expected to reach 25.2% by the end of this year.

Invesco Mortgage Capital: 3 Preferred Series Yielding Over 10%, Plus 2 Option Trades

The mortgage-backed securities market had a crisis in March, with values driven lower, and mREITs crashing in price. The Fed came to the rescue, buying billions

US stocks rise after Trump sticks to script on China

Shares in New York gained 4.5 per cent in May, buoyed by signs the US economy is stirring after shutting down in April.

Friday’s small-cap stocks to watch

Our roundup of Canadian small-caps making news and on the move today

Majesco (MJCO) CEO Adam Elster on Q4 2020 Results - Earnings Call Transcript

Majesco (NASDAQ:MJCO) Q4 2020 Earnings Conference Call May 28, 2020 17:00 ET Company Participants Stan Berger - Investor Relations Adam Elster - Chief Executive

IOI Properties’ Q3 profit falls due to Covid-19 pandemic

KUALA LUMPUR, May 29 — IOI Properties Group Bhd’s (IOIPG) net profit in the third quarter (Q3) ended March 31, 2020, fell 63 per cent to RM71.36 million from RM194.70 million a year earlier. Revenue for the quarter declined to RM401.43 million against RM487.74 million previously. The property...

Statistics Canada expected to report GDP down nine per cent in March

Canada's economy had its worst quarterly showing since 2009 through the first three months of 2020, and may be headed to an even steeper drop, as steps taken to slow the spread of COVID-19 forced businesses to close and lay off workers.

Oil Prices Rebound Nearly 90% In May For Best Month On Record

Prices increased by more than 5% on Friday.

Statistics Canada says first-quarter GDP worst showing since 2009

OTTAWA - Canada's economy had its worst quarterly showing since 2009 through the first three months of 2020 owing to COVID-19, Statistics Canada said Friday

Japan's low unemployment rate conceals deeper labor market pain

Japan's labor market in April appeared to be weathering a severe slowdown in economic activity due to the coronavirus pandemic, but a closer look at official data released on Friday revealed a less rosy picture. Japan's jobless rate rose to 2.6% in April from 2.5% in the previous month, a…

Gold prices up as markets cautiously await Trump's response on HK

US gold futures rose 0.7 per cent to $1,739.60.

Q4 GDP reveals a sorry picture even before the onset of lockdown

With the coronavirus dragging the world economy into a recession, the Indian economy needs a more convincing stimulus than what has been unveiled so far

Rupee appreciates 14 paise to close at 75.62; forex traders say investors await Q4 GDP data

The rupee appreciated 14 paise to provisionally close at 75.62 against the US dollar on Friday as foreign fund inflows and weak American currency boosted investor confidence

New Set Of Reforms Will Help Transform Agriculture From A Bottomless Pit Of Subsidies To An Enterprising Industry

Tech-enablement of the agricultural value chain and information dissemination among stakeholders is important.

Profitable Blis points to significant growth

Dunedin company Blis Technologies has posted its second consecutive profitable year and says there remains significant international growth...

Buy the Post-Earnings Dip in Canopy Growth Stock Now

Canopy Growth's fourth-quarter earnings report was not good. But the big-picture trends remain favorable, and CGC stock will bounce back.

Agriculture's contribution to Nigeria's economy in Q1 'highest in two years' - NBS

The contribution of Nigeria’s agricultural sector to the Gross Domestic Product (GDP) in the first quarter of 2020 was the sector's highest first-quarter

US money market funds waive fees to stave off negative returns

Decline in yields on short-term debt prompts action from asset managers

GBP/USD retreats from highs near 1.2400 ahead of Trump’s conference

Sterling’s rally from 1.2230 lows has reached two-week highs at 1.2395. The pair, however, has not been able to consolidate at those levels and pulled

US stocks erase losses, finish higher after Trump refrains from China sanctions

US stocks gained on Friday, reversing earlier losses, after President Donald Trump said he would take steps to revoke Hong Kong's preferential t...

FIIs pare stake in 90% Nifty companies in Q4; trend may continue in coming quarter

The trend may remain unabated in the coming quarters too if the current situation does not change even as there are some positives that are comforting, said experts.

Core sector output contracts 38% in April owing to stalled economic activity

In March, the output of the core sector that includes eight infrastructure sectors — coal, crude oil, natural gas, refinery products, fertiliser, steel, cement, and electricity — had contracted 9%.

Indian rupee settles 14 paise higher at 75.62 against US dollar

Forex traders said investors are awaiting the country's gross domestic product data for the January-March quarter, due later in the day, for further cues.

Core sector output contracts by record 38.1% in April

The output of eight core infrastructure industries shrank by a record 38.1 per cent in April due to the coronavirus lockdown, according to the official data. The eight core sectors had expanded by

Charter Communications' EBITDA Margin Should Continue To Expand In 2020

Charter Communications is the second largest cable operator in the United States. The company should be able to continue to grow its cable Internet business tha

Gold prices jump today as investors seek safe-haven assets amid heightened US-China tensions

The gold prices on the MCX inched higher as overnight COMEX gold appreciated due to worsening economic data from the US and trade relations with China

Tokyo stocks open lower on US-China tension

Tokyo stocks opened lower on Friday, tracking falls on Wall Street on rising tensions between the US and China.

Budget 2020: FG in fresh bid to borrow N5.51trn

THE Federal government has asked the National Assembly to approve a total of N5.51 trillion external borrowing to fund its 2020 budget

Creating Value Through Digital Transformation

Surviving the most challenging economic conditions since the Great Depression, and thriving once the pandemic eases, requires flexible and imaginative thinking and the ability to manage the innovation process.

Month-End Profit-Taking Weighs On Equities As The Euro Pops Above $1.11

Forex Analysis by Marc Chandler covering: Nikkei 225, STOXX 600, USD/CNH. Read Marc Chandler's latest article on Investing.com

Bears Trade By Day, Bulls By Night

Stock market returns for the month of May have been an overnight phenomenon. Fed liquidity is the only thing fueling this fundamental-less rally. Consensus earn

Dow Jones retreats ahead of Trump's response on Hong Kong

The Dow Jones Industrial Average was down 269.88 points, or 1.06 per cent, at 25,130.76.

A case study in how not to invest in bank stocks

Stay clear of these complicated investments

S&P 500: Futures defend 3K mark amid risk-off, eyes on Trump’s China speech

The futures on the S&P 500 index are nursing losses above the 3000 level, as the bears take a breather following the slump overnight. The US futures r

ESAF Small Finance Bank Q4 results: Net profit zooms two-folds to Rs 190 crore

The bank's advances grew 37 per cent to Rs 6,818 crore with deposit rising 63 per cent to Rs 7,028 crore.

Wall St ends mostly higher as U.S.-China spat simmers

U.S. stocks finished mostly higher on Friday after President Donald Trump announced measures against China in response to new security legislation that were less threatening to the U.

First-quarter GDP worst showing since 2009: StatCan

Canada's economy had its worst quarterly showing since 2009 through the first three months of 2020 owing to COVID-19, Statistics Canada said Friday, warning an even steeper drop may be coming.

We’ll probably lose 1-2 years of our economic life to Covid: Indranil Sengupta

‘Indias GDP may contracts 1.3 per cent in benign case, and go up to minus 5 per cent in worst case

The Big Money In Leveraged 3x ETFs

Rewards of prudently trading leveraged ETFs outweigh risks. Specter/FF5 market timing strategies radically improve returns on 3x ETFs. These products, and deriv

How coronavirus is reshaping the mobility industry, from EVs to supply chains

The current crisis is first and foremost humanitarian, with 300k casualties to date worldwide and massive joblessness. It is also economic, with almost all companies having financial difficulties and many collapsing. However, a few sectors are currently booming (e.g. deliveries), some will benefit from a crisis-induced tailwind, while others will continue to suffer for years […]

Pound-to-New Zealand Dollar Rate Breaking Down into New Lower Range, but Nears Support

The British Pound Sterling vs the New Zealand Dollar: Latest GBP/NZD News and Analysis

NZD/USD climbs above 0.6200 on broad USD weakness

After trading defensively and falling below 0.6200 during the Asian trading hours, the NZD/USD pair gained traction in the last hour and climbed to a

Farm sector grows by 5.9% in Q4 of 2019-20; future uncertain due to Covid

As the data relates to pre-Covid lockdown period it does not reflect the real picture of distress which unfolded from April onwards in the sector

Central Bank of Liberia Board Announces Reduction in Monetary Policy Rate

MONROVIA – The Board of Governors of the Central Bank of Liberia (CBL), during its 28 May 2020 sitting, approved a reduction in monetary policy rate to 25%. This comes three months after the CBL’s Board of Governors approved to maintain the monetary policy rate of 30% in February. This move is indicative of the […]

Sensex surges 224 points, Nifty reclaims 9,500-mark

Equity benchmark Sensex extended its gains further on Friday, surging 224 points while Nifty topped the 9,500-mark. 

EUR/USD Forecast: Looking for a Fresh Chance to Buy

The EUR/USD exchange rate has finally cleared the 1.10 hurdle and is quoted at 1.1130 ahead of the weekend. Analyst and technical forecaster Richard Perry at Hantec Markets says he looks to now use an unwind within the pair's channel as a chance to buy

Gold price dips marginally to Rs 46,929, silver gains

The gold/silver ratio currently stands at 96.89 to 1, which means the amount of silver required to buy one ounce of gold.

Tax shortfall drives fiscal deficit in FY20 to 4.6% against target of 3.8%

Gross tax collection for FY20 was Rs 20.09 lakh crore, against the revised estimate of Rs 21.63 lakh crore. What is more worrying is the fact that the gross tax collection is lower than the previous year's collection of Rs 20.8 lakh crore

Market movers: Stocks seeing action on Friday - and why

Laurentian down sharply after dividend cut; Canopy sinks on earnings

CWB reports Q2 profit down as provisions for credit losses soar

CWB Financial Group reported its second-quarter profit fell compared with a year ago as the economy tanked due to the steps taken to slow the COVID-19 pandemic and its provisions for credit losses more than doubled.

US stocks end lower as China tensions end three-day Dow streak

NEW YORK: Wall Street stocks ended lower on Thursday (May 28) following a late-afternoon retreat on growing US-China tensions, as markets digested ...

CWB Financial reports Q2 profit down as provisions for credit losses soar

EDMONTON — CWB Financial Group reported its second-quarter profit fell compared with a year ago as the economy tanked due to the steps taken to slow the COVID-19 pandemic and its provisions for credit losses more than doubled.

Buy Bed Bath & Beyond Stock Before Consumer Spending Surges

Depressed BBBY stock could surge over the next 12 months and beyond, as turnaround initiatives gain momentum alongside consumer spending.

India’s Core Sector Output Contracts By Record 38.1% In April

India’s core sector output shrank by a record 38.1% in April due to the coronavirus-induced lockdown, according to official data. 

Stocks quickly cutting losses ahead of Trump's China press conference

Stocks were lower on Friday as traders braced for an upcoming news conference on U.S.-China relations from President Donald Trump.

Pacific Premier Bancorp's Temporarily Elevated Expenses, External Factors To Pressurize Earnings

The acquisition of Opus Bank will lead to high expenses in the second and third quarters. External factors, including the decline in interest rates and the wors

RSK Blockchain Empowering the Social Impact Space

Although blockchain technology is consistently touted as a force to reckon with in the traditionally heavyweight industries including finance and banking, the technology’s peculiar characteristics such as immutability, and safety, among others, make it an ideal fit for the social impact sector. To date, several projects have leveraged distributed ledger technology (DLT) to transform the lives of billions of people the world over.

Tower Delivers Solid First-half Performance

Kiwi insurer, Tower Limited (NZX / ASX: TWR), has today announced a half year profit of $14.9 million after tax, a $3 million improvement on the same period last year.

Banks’ asset quality ratios may worsen up to 600 bps: Fitch

The report added that while secured loans such as home and auto are relatively more resilient, they will not be isolated from stress as unemployment rises.

High Tech's Vital Role In The Fertility Of Agribusiness

The advancements made in just the past decade have completely revamped agribusiness.

How The US Can Learn About Successful Innovation Strategies From Israel, The Startup Nation

How The US Can Learn About Successful Innovation Strategies From Israel, The Startup Nation.

Gold clings to gains near session tops, around $1725 region

Gold edged higher during the early European session and climbed back closer to the previous day's swing high, around the $1727 region. The precious me

Can Blockchains Help Us Team Up Against Covid-19?

We may benefit from sharing data, but we don’t want to lose control of it. We may benefit by collaborating, but we want to protect our interests. Pioneers are turning to blockchains to advance our capability to simultaneously share and protect.

COVID-19 is teaching investors a thing or two about how important an opportunity “edtech” is ǀ View

Across Europe, there are over 20 million students in tertiary education. Every single student has suffered due to the lack of digital infrastructure in place to allow remote learning, negatively impacting their learning opportunities which could impact future generations.

Analysts welcome reduction of lending rate by CBN

Financial analysts on Friday said the reduction of the monetary policy rate from 13.5 to 12.5 per cent, as announced by the Central Bank of Nigeria would

U.S. Incomes Soared 10.5% in April and Saving Rate Hit Highest Level Ever

Government payments boosted income in April but Americans shut in their homes spent nearly $2 trillion less than they had a month earlier. | Economy

NZD/USD drops to daily low at 0.6170 ahead of US Pres. Trump's presser

The NZD/USD pair capitalized on the broad-based USD weakness and surged to its highest level since March 12th at 0.6241. However, the risk-averse envi

Low Q4 growth telling commentary on economic mismanagement of BJP govt: Chidambaram

India's economic growth slowed to 3.1 percent in January-March and to an 11-year low of 4.2 percent for the full fiscal 2019-20 amid a drop in consumption and investment.

Better Buy: Alibaba vs. Alphabet

These two technology giants are leaders in their respective markets. Discover what makes one a better investment choice.

Core sector output contracts 38% in April

Cement, steel production plummet

5 Quotes to Help Plan for Retirement

Wisdom from the world's wisest students of the market is surprisingly simple, even if difficult to adhere to.

Futures hit by Sino-US tensions at the end of strong month

U.S. stock futures dropped on Friday as investors braced for President Donald Trump's response to China's national security legislation for Hong ...

‘Telling commentaryon BJP management’: Cong hits out after dip in GDP growth rate

Congress leader and former finance minister P Chidambaram blamed the government’s economic management for the new low in GDP growth.

Fiscal deficit widens to 4.6% of GDP in 2019-20, higher than revised estimates of 3.8%

The country's fiscal deficit widened to 4.6 percent of the Gross Domestic Product in 2019-20 mainly on account of poor revenue realisation, according to official data

What Could Go Wrong: FinTech Vs. Healthcare Covid-19 Crisis Innovation Series

The COVID-19 crisis presents an opportunity for the healthcare industry to catapult forward, make fundamental changes, and adopt new innovation. But will they take advantage of this opportunity, or will the need to keep the status quo get in the way?

Gold Price Analysis: XAU/USD pulls away from daily highs, trades above $1,725

The troy ounce of the precious metal advanced to a fresh daily high of $1,733 during the early trading hours of the American session but struggled to

‘The recovery needs to be a full-scale economic renewal’

Top economist Mariana Mazzucato on ‘doing economics differently’ in a post-Covid-19 world

Covid effect? Debt Mutual Funds to face multiple headwinds

Since the lockdown was imposed in India to contain the spread of novel coronavirus, weak liquidity of underlying assets and redemption pressures have been a risk to the debt mutual funds.

Market LIVE: Sensex ends 600 pts up from day’s low, Nifty settles at 9,568; HDFC, ITC among top contributors

Share Market News Today | Sensex, Nifty, Share Prices LIVE: BSE Sensex and Nifty 50 turned positive in the late afternoon deals on Friday. Nifty 50 index reclaimed 9,500-mark to trade at 9,521

Economists must collaborate courageously

To navigate pandemic trade-offs, policymakers need syntheses.

Qualcomm, Qorvo & Jabil: Apple Suppliers Have Been Left Behind From The Rally. Time To Buy?

Apple stock is up about 5% year-to-date, despite the Coronavirus pandemic, driven by its strong balance sheet and fast-growing services business, which makes it a safe haven of sorts. However, most of Apple’s suppliers have not fared as well. Our indicative list of 6 key suppliers for the iPhone...

Market watch: KSE-100 rises despite rupee depreciation

Benchm­ark index gains 235.81 points to settle at 33,931.23

Neimeth’s share price rises by 114.6% in 2 months

Neimeth International Pharmaceuticals Plc’s share price rose by 9.57 per cent to N1.03 per share on Thursday at the Nigerian Stock Exchange (NSE)....

Why Macy’s Stock Can Climb 70% Higher in 2020

Macy's stock plunged on the idea that the world would never be normal again after Covid-19. But the world is already normalizing today.

Bank mortgage lending is drying up in South Africa

The South African Reserve Bank (SARB) says that banks have adopted a relatively conservative approach to mortgage lending. 

2 Stocks I'll Hold Forever

These companies both have the capacity to keep growing their revenues at a strong and steady pace for the long term.

Gold Price Forecast: Move Above $1735 Resistance Required for Bulls to Grab Control Again

The spot gold price is quoted at $1725 ahead of the weekend, with analysts and technical forecaster Richard Perry of Hantec Markets lays out the key levels to consider for traders now the market is back at a crossroads

EUR/USD climbs to 2-month tops beyond 1.1100

The upside momentum in the shared currency remains everything but abated on Friday and is now lifting EUR/USD to fresh tops in levels beyond 1.1100 th

A Brief History of Workplace Design and Where it Might be Headed Next

How workplaces have evolved over the last 50 years and how they might evolve after COVID-19

Buy Coal India; target of Rs 264: ICICI Securities

ICICI Securities is bullish on Coal India has recommended buy rating on the stock with a target price of Rs 264 in its research report dated May 29, 2020.

This telco stock has doubled in two months; eyes fresh highs

Bharti Infratel share price has doubled from its 52-week low of Rs 121 touched on March 19, 2020. However, the stock is still 22% lower from its 52-week high of Rs 295.75 registered on December 2 last year

Congress Slams Centre Over Low GDP Growth In Last Quarter Of 2019-20

The Congress on Friday said the low GDP growth in the last quarter of 2019-20 is the result of the BJP government's failures, misplaced priorities and a telling commentary on its economic management.

U.S. Oil Production Rebound Off The Lows With May To Average 10 Mb/D

Shut-in oil production will start to return in June as producers receive better pricing. May production is likely to average somewhere around ~10 mb/d. Q3 2020

Bitcoin Sells Off At $9.5K Ahead of Trump’s China Response; What’s Next

Bitcoin traded lower on Friday as traders refrained from taking more significant risks amid escalating geopolitical tensions between the U.S. and China.

A Brief History of Workplace Design and Where it Might be Headed Next

How workplaces have evolved over the last 50 years and how they might evolve after COVID-19

U.S. Stocks Expensive Any Way You Cut It, Says Oxford Economics

Stocks in the U.S. are expensive on a range of valuation multiples and could come under pressure as geopolitical tensions escalate, according to Oxford Economics.

The role of entrepreneurial action in economic recovery

The Covid-19 lockdown is having an unprecedented impact on small business and entrepreneurship globally. Governments around the world are rightly focusing on protecting people’s health while at the same time protecting the economy through stimulus and relief packages. There are differences in opinions as to what specific measures are required to return to ‘normality’, which further depends on the length of the pandemic and the severity of the impact on different types of business sectors.

Southwest Airlines Stock Is a Survivor Worth Betting On

What doesn't kill a stock makes it stronger. LUV stock just survived the mother of all survival tests and it's on its way back.

Euro zone companies tap banks for cash to survive pandemic

Lending growth to non-financial corporations accelerated to 6.6 percent in April, its fastest rate in over 11 years, from 5.5 percent a month earlier, the data showed.

Gold price flat ahead of Trump’s Hong Kong response

Spot gold was unchanged at $1,718.60 per ounce by 0616 GMT. US gold futures rose 0.2% to $1,716.50.

Most actively traded companies on the TSX

TORONTO — Some of the most active companies traded Friday on the Toronto Stock Exchange: Toronto Stock Exchange (15,192.83, down 69.90 points.) Bombardier Inc. (TSX:BBD.B). Industrials. Down 3.5 cents, or 7.29 per cent, to 44.5 cents on 122 million shares. B2Gold Corp. (TSX:BTO). Materials. Up 46 cents, or 6.45 per cent, to $7.59 on 72.6 million …

Pound-to-Australian Dollar Rate Won't be Spared by China's Moves against Australia Or USD/CNH

The Pound vs Australian Dollar: Latest GBP/AUD Forecasts, News and Analysis

UPL rating: Neutral — Synergies drove results in quarter

High debt a key concern for company; ‘Neutral’ maintained with target price of Rs 424

Fighting Covid-19 and building the future Human Resource Capital

Companies must use the pandemic to prepare for a post Covid-19 world

I am cautiously optimistic about demand revival in H2: TVS Motor CEO

While the company expects to outdo the industry on domestic sales and exports, its capex in the current year is likely to come down substantially

Mah Sing’s Q1 net profit falls to RM30.07m

KUALA LUMPUR, May 29 — Mah Sing Group Bhd’s net profit in the first quarter ended March 31, 2020 (Q1 2020) fell to RM30.07 million from RM55.01 million in the same period last year. Revenue declined to RM371.13 million from RM450.33 million previously. In a filing with Bursa Malaysia today, Mah...

Buy Orient Cement target of Rs 65: Anand Rathi

Anand Rathi is bullish on Orient Cement has recommended buy rating on the stock with a target price of Rs 65 in its research report dated May 28, 2020.

Coronavirus pandemic shows how fragile employment can be

Virus a reminder world of work is changing and employees must change with it or get left behind

Tokyo shares snap 4-day winning streak amid U.S.-China tensions

Tokyo shares fell Friday, with both the benchmark Nikkei and Topix indexes snapping their four-day winning streaks, amid concern about worsening U.S.-China tensions over Beijing's new security law that Washington says will undermine the autonomy of Hong Kong. The 225-issue Nikkei Stock Average ended down 38.42 points, or 0.18 percent,…

SNAP Stock Has Some Fundamental Issues That Should Worry You

Snap stock won't see sustained gains unless it broadens its user base, changes its monetization strategy, and markets itself outside the U.S.

University Community Rises To The Challenge Of Creating Solutions For New Zealand’s Problems

COVID-19 disruption, microplastics disposal, pet data management and marine health are just some of the many problems tackled in this year’s Velocity Innovation Challenge competition.

Gold: Patience Is A Virtue

Gold has been treading water for weeks now and seems to be slightly stuck above US$1,700. The weekly chart is still bullish, and the daily chart is neutral. U.S

Better Buy: Zoom Video Communications vs. Microsoft

Both companies are enjoying strong growth. But is the new tech upstart or the veteran the superior investment choice?

Should we fear post-pandemic inflation?

Inflation could well go through a yo-yo effect, as is already happening with other economic indicators.

Coronavirus impact: Output in eight core industries declines 38% in April

All eight core sectors reported massive decline in production during April, with coronavirus-mandated lockdowns in place. Cement and steel reported the biggest losses in output at 86 per cent and 83.9 per cent, respectively

HDFC rating: Buy — Earnings reflected dull realty sentiment

Asset growth, likely to be soft for two quarters, will revive faster than peers; company to consolidate its positioning; ‘Buy’ retained.

Emerging trends in warehousing segment post Covid-19 lockdown

At a time when the Indian real estate industry has been facing headwinds on account of a difficult residential market, the warehousing property segment has emerged as a promising investment opportunity for institutional investors.

Money whitening scope to widen

The government may allow uses of untaxed or black money in all sectors to boost investment and create jobs as part of its efforts to pull the economy out of Covid-19 wreckage.

South Korea: Lower rates and GDP downgraded – UOB

UOB Group’s Economist Ho Woei Chen, CFA, assessed the recent Bank of Korea (BoK) meeting and GDP outlook. Key Quotes “As expected, the Bank of Korea (

Most actively traded companies on the TSX

TORONTO — Some of the most active companies traded Friday on the Toronto Stock Exchange: Toronto Stock Exchange (15,192.83, down 69.90 points.) Bombardier Inc. (TSX:BBD.B). Industrials. Down 3.5 cents, or 7.29 per cent, to 44.

KEC International Q4 results: Net profit down 3% to Rs 193 crore

Revenue during the quarter declined to Rs 3,673.73 crore as against Rs 3,845.51 crore in the year-ago period.

Investors could look at top-rated company FDs as options shrink

The highest interest rate offered by SBI is 5.4 per cent after the 40-basis point cut.

Investors can participate in NIIT Tech share buyback through these 2 strategies

Given, the stock to perform well going ahead owing to increase in the order inflows & strong growth outlook, arbitrage benefit of 15-20 percent can be achieved easily in one month as on closing price (Rs 1,473).

Wall Street ends down in late selloff; Facebook and China weigh

The Dow Jones Industrial Average fell 147.63 points, or 0.58%, to 25,400.64, the S&P 500 lost 6.4 points, or 0.21%, to 3,029.73 and the Nasdaq Composite dropped 43.37 points, or 0.46%, to 9,368.99.

Gold - Patience Is A Virtue

Commodities Analysis by Florian Grummes covering: XAU/USD, XAG/USD, Gold Futures, Silver Futures. Read Florian Grummes's latest article on Investing.com

The coronavirus pandemic is boosting the big tech transformation to warp speed

The coronavirus pandemic has sped up changes that were already happening across society, from remote learning and work to e-health, supply chains and logistics, policing, welfare and beyond. Big tech ...

Ex-CBN director lauds MPC over interest rate reduction

A financial expert, Dr Titus Okunrounmu, has commended the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) for reducing the interest rate by one-percentage-point from 13.5 per cent.

Gold: Making Its Seasonal Top

We are trading gold now as a currency against the US dollar. The current crisis has burst the bubble of the Keynesian idea of supplying stimulus to the market t

Ross Stores: The Valuation Appears Frothy

ROST quarterly revenue fell over 50% due to knock-on effects of the pandemic. Its cash flow fell hard and could remain challenged until all of its stores are re

KEC International Q4 profit down 3% to Rs 193 crore

The global engineering, procurement and construction (EPC) major had clocked a profit of Rs 198.76 crore in January-March 2018-19, it said in a filing to BSE.

Heralding a new era for agriculture

While the recent reform steps and stimulus package for agriculture will go a long way in boosting farmers’ income, price volatility in perishables continues to be a challenge

Wall Street stocks mixed amid US-China tensions

NEW YORK, May 29 — Wall Street stocks were mixed early today amid rising US-China tensions as data showed a big drop in consumption spending in April but a rise in income boosted by government aid. About 25 minutes into trading, the Dow Jones Industrial Average stood at 25,345.84, down 0.2 per...

Are low-interest rates making you jittery? Consider P2P lending

Falling interest rate amid coronavirus crisis has impacted income of many investors who depended on debt instruments; those with surplus cash can consider peer-to-peer lending, which is attracting increasing interest from people willing to lend to those in need of short-term financing -- whether individuals or small businesses

Limited impact on Vedanta operations due to coronavirus lockdown: Crisil

Also, increase in export offset decline in domestic demand during the lockdown, supported by its low cost position in key businesses, it said.

India's lockdown strictest; economic impact to be deeper than other countries: Jefferies

A US investment bank report says India's detection rates have also climbed lately and doubling rate has plateaued at ~13-day level; medical infra is now getting stretched in certain cities, with hospitals at 100 per cent plus capacity utilisation in Mumbai, says report

India’s core sector output witnesses biggest ever fall, contracts 38% in April as lowdown hits economy

India’s core sector output contracted 38.1% in the month of April, reflecting how India’s economy has taken a toll as the nation fights the coronavirus pandemic.

Nikkei dented by US-China tensions, but scores best month since 2015

Japanese stocks retreated from three-month highs on Friday as escalating US-China tensions over Hong Kong prompted investors to lock in profits, but easing coronavirus restrictions helped Nikkei mark

Spotify: Don't Buy The Rogan Rally

The ad-supported segment of the company lost money in Q1. Podcast usage is lagging all other media while streaming surges from stay-at-home orders. User growth

Spykar Lifestyles makes a return to the new normal; resumes operation in 37 stores

The company which in all runs 350 stores across the country, claims to have got 45-55% of its business back

Coronavirus Update: How COVID-19 Reforms the Mobility Industry

The coronavirus pandemic has already taken more than 300,000 lives worldwide and caused massive joblessness, but there are a few sectors that are currently booming and benefiting from this crisis.

iShares Cohen & Steers REIT ETF: Portfolio Selection Makes All The Difference In Real Estate

The iShares Cohen & Steers REIT ETF's largest holdings are in data centers. States are starting to reopen their economies which will help REITs. With a current

Managed money betting on big crops

A fast start to the planting season and a lackluster export market have prices for row crops trading mostly sideways over the last month and weaker since the beginning of the year.

Megacap Algo Trade Taking Lumps Right After Everyone Piled In

If there was one thing money managers believed heading into Memorial Day, it was that owning America’s algorithmically powered tech superstars was the surest bet for navigating the crisis.

3 Reasons to Invest in Fractional Shares

They could be the best way to build an investment portfolio.

AUD/USD retreats from 0.6680 as the markets await Trump’s conference on China

The Australian dollar has failed again to break the resistance level at 0.6680 and the pair has retreated to levels near 0.6600 as risk appetite plun

Visa Stock Is the Best Payments Powerhouse for Your Portfolio

Visa stock is beating the market in 2020; its ability to adapt and even thrive amid chaos proves long-term viability.

Buy Foot Locker For 50% Upside as the Economy Reopens

Beaten and bruised FL stock is ready to rip higher as the U.S. economy reopens and rebounds in the coming months. Foot Locker has 50% upside.

Avoid GE Stock? Depends if You’re Trading or Investing

General Electric may not make for a great investment, but GE stock it has some upside and a well-established bottom.

USD/CAD rebounds from multi-month lows, trades above 1.3770

The USD/CAD pair dropped to its lowest level since early March at 1.3713 during the early trading hours of the American before staging a decisive reco

Some US asset managers are slashing fees on money market funds so their investors don't lose money because returns are so low

Asset management firms in the US are slashing fees charged on short-term debt funds as plunging interest rates and yields on US government debt ...

Limited impact on Vedanta operations due to coronavirus lockdown: Crisil

 The COVID-19-induced lockdown has had a limited impact on the operations of Vedanta Ltd, rating agency Crisil has said. Also, increase in export offset decline in domestic demand during the

How to keep supply chains reliable when the world's upended

In March, as COVID-19 cases spiked across the United States, hospitals faced a harrowing shortage of crucial medical supplies, from face masks and ventilators to the nasal swabs and chemicals needed for ...

Sundaram Clayton profit surges 23.4%

Sundaram Clayton Ltd. (SCL) has reported a 23.43% increase in its standalone net profit for the fourth quarter ended March 2020 to ₹62.05 crore.During the year under review, the total income contracte

Industry chorus: Package not much help, govt must do the heavy lifting

The survey was conducted after the latest round of easing, and the respondents included large companies, regional trade bodies, and also some small and medium enterprises across the manufacturing and services sectors.

Protecting the Dividend at Any Cost Is a Real Risk to Exxon Mobil Stock

An obsession with maintaining its dividend by racking up debt in these uncertain times is a drag on Exxon Mobil Stock.

Tower delivers solid first-half performance

Kiwi insurer, Tower Limited (NZX / ASX: TWR), has today announced a half year profit of $14.9 million after tax, a $3 million improvement on the same period last year.

Saudi Arabia eyeing output cuts to last till end 2020

Oil prices fell Friday morning as traders price in concerns over the future of crude stocks, geopolitical tensions and fears over how COVID-19 will progress. Rystad Energy’s Head of Oil Markets Bjornar Tonhaugen said: “This is the last trading day for the Brent July futures contract, which seems to ease quietly into its recent comfort zone range of around $35 a barrel.

Southwest Is a Much Better Pick Now Than American Airlines Stock

Investors looking to play the rebound in airline stocks should pass up AAL stock because the firm's shaky finances will hurt its recovery.

Bharti Infratel share price doubles from March lows, stock gains 8% today; check new target prices

Brokerages seem to be bullish on Bharti Infratel stock and see the upside of nearly 23 per cent. Amid lockdown restrictions, Bharti Infratel last month extended its deadline for completion of a merger with Indus Towers to June 24.

Learning From The Ups And Downs Of The Stock Market

Thus far in 2020, the stock market has experienced daily moves of 1.5% or more (up or down) 43% of the time. Of the 100 trading days thus far in 2020, 53 have b

J.C. Penney Stock Is Only Awesome if You Love Burning Money

With J.C. Penney’s bankruptcy, JCP stock may appeal to risk-tolerant speculators. But if you can’t afford burning money, stay away!

What’s up with the housing market in the pandemic

For house hunters wondering whether the coronavirus crisis might lead to a better deal on an upcoming purchase, there’s some bad news: probably not, at least not right now.

Are Stocks Out of Control? What We Learned in May

A round-up of market analysis by Bloomberg Opinion.

Buy Tube Investments of India; target of Rs 425: ICICI Direct

ICICI Direct is bullish on Tube Investments of India has recommended buy rating on the stock with a target price of Rs 425 in its research report dated May 29, 2020.

Southwestern Energy: Bullish On Gas Prices, But Clarity On 2021 Hedges Needed

The natural gas markets are poised to rally substantially, as production is declining, while the summer is expected to be abnormally warm. SWN follows a rolling

Modi’s Rs 21 lakh cr package not enough; industry says govt needs to do this for companies to survive

Given the major disruptions caused by the coronavirus pandemic, the industry has asked for increased government spending, direct cash transfers to consumers, and deferment of taxes.

Today In Payments: Mastercard Introduces Recovery Insights Tools; Starling Notches $49M In Funding

In today's top news, Mastercard introduces Recovery Insights tools, Google is mulling a share of Vodafone India, and Starling has raised $49 million.

Silver rises on improved industrial demand outlook, rise in US-China tensions

In the futures market, silver for July delivery touched an intraday high of Rs 48,868 and a low of Rs 48,452 per kg on the MCX.

Modi Govt 2.0 | Bold steps with a focus on long-term reforms

The Narendra Modi-led government has enacted several vital reforms and taken long-term policy decisions aimed at restructuring the economy

The wealthy will be on governments' radars in COVID-19 response

Taxes will be an obvious route for governments, and so will appropriation, says Citi

How investors learnt to love the rally in stocks

‘Fear of missing out’ dominates in sweeping ascent as doubters turn into believers

Tata Motors Trading Near All-Time Low Ahead Of Earnings

Tata is set to report Q4 earnings results in the next few days and the company is expected to lose money once again. The company has been losing money for the l

REX American Resources: A Poor FQ1 Earnings Report Masks Improving Conditions

Ethanol producer REX American Resources reported its FQ1 earnings for the period ending April 30 earlier this week. The report gave investors a first look at th

UK economy shows early signs of improvement from lockdown low | Free to read

Five indicators benefit from easing of restrictions amid overall depressed activity

AMD Stock May Look Weak, but There’s Still Lots of Opportunity

It’s had a great run and there’s now evidence of better things to come, but AMD stock investors need to respect a good defensive game first.

10 Penny Stocks to Buy Under $5 That Might Be Worth the Risk

When looking for penny stocks to buy under $5, you’ve got to go dumpster diving. That’s never an easy task when stocks aren't cheap.

USD/JPY extends rebound and prints fresh daily highs above 107.70

The USD/JPY pair broke to the upside after moving sideways for hours during 107.05 and 107.30. It climbed to 107.82, hitting a fresh daily high as the

Canopy Growth Stock Is Still Among the Most Compelling Marijuana Plays

CGC stock is well-positioned to become a leader in the cannabis industry with its steady partnership with a beverage industry giant.

Business Live: Indian shares fall ahead of GDP data; Vodafone jumps

Updates from the world of economy, markets, and finance

Don’t Miss the RCL Stock Rally

With a good deal of fear priced into RCL stock, investors should act before they miss the recovery of share prices.

ASX climbs 4.2pc in May as fallen stocks find favour

A miraculous late run for the banks lifted the ASX from a mediocre month to sharp rise, adding to a rebound for mining, tech and restrictions-hit companies.

Tech industry group CEO: 'Amazon is basically providing for the country at this point'

Tech companies have seen increased demand and greater success during the pandemic fallout.

NIIT Technologies share buyback issue opens; 10 key things to know

The IT company proposed to raise Rs 337.46 crore through the buyback offer.

India's Fiscal Deficit Widens To 4.59% Of GDP

India ended the year with a fiscal deficit of 4.59 per cent of gross domestic product, against the target of 3.8 per cent.

Despite low dividend payout, CIL to have healthy yield of 9%

Despite a lower dividend payout, Coal India (CIL), one of country’s largest PSUs, will maintain a healthy 9 per cent dividend yield, equity research and brokerage house Edewleiss said. It has given a

US Dollar Index drops to 2-month lows near 98.20 ahead of Trump

The greenback faces extra selling pressure at the end of the week and is forcing the US Dollar Index (DXY) to recede to fresh 2-month lows in the 98.2

External borrowings to rescue as Senate cuts 2020 budget to N10.509 trillion

The Federal Government yesterday changed the earlier plan of drastically slashing the 2029 passed budget of N10.594trillion to N9trillion by reducing it with just about N85billion through a new proposal of N10.509trillion .

Turkey: Despite the downside surprise of 1Q GDP, we still maintain 0% 2020 GDP forecast – BBVA

According to the Research Department at BBVA, despite the downside surprise of 1Q GDP in Turkey, they still maintain a 2020 GDP forecast of 0%, with r

Bharti Infratel hits over 3-month high; zooms 100% from March lows

The stock rallied 8% per cent to Rs 243 in the intra-day deals today, and was quoting at its highest level since February 14, 2020 on the BSE

Decoding the Stock Market: The Vocabulary of Volatility

Here are some of the most important volatility concepts for investors to know.

Burning Rock Biotech Starts U.S. IPO Effort

Burning Rock Biotech has filed to raise $100 million in a U.S. IPO, although the final figure may differ. The firm provides oncology testing and related therapy

The contrarian case for Hong Kong stocks, Rosenberg on when markets will dive, and are Canadians relying too much on savings accounts?

A roundup of investment ideas for active investors

Capital flows running out of steam as DIIs taper after FPIs

After some relief was seen in April when the pace of FPI selling eased as central banks across the world announced stimulus packages, both local and foreign investors seem to have run out of steam.

Only Equinor among oil majors promising renewable investments

Only Equinor among oil majors promising renewable investments

Canada GDP in April fell a record 11% as COVID-19 shutters economy

Gross domestic product in March fell by 7.2 percent from February, the most severe month-on-month plunge ever, although the decline was less than the 9 percent predicted by analysts. Statscan said the March and April decreases were likely the largest-ever consecutive monthly declines.

'In battle between actual and perceived risk, gold to remain directionless'

A substantial correction in gold will only be seen when investors chose to exit the metal.

Seplat targets more acquisitions as shareholders get $59m dividends

Seplat Petroleum Development Company Plc remains a resilient business with strong balance sheet to acquire more oil and gas assets and ensure sustainable...

Apollo Global Management: For When Blood Runs The Street

Apollo used the corona-downturn to its advantage. Increase in permanent capital makes the business more stable. Funds are being raised, and deals are being made

Funds recommend keeping equity allocations on hold at 7-month low: Poll

Asset managers were almost evenly split on whether this year's lows for key indexes would be revisited.

Here Is Why The S&P 500 Could Be Headed For 3,700

Very few authors on this site have been as outspoken about a market rebound than I have. I have written eight very bullish articles since March 18th. Every one

The Markets End The Week In An Uptrend (Technically Speaking For 5/25-5/29)

The leading indicators points toward a continued contraction. The coincidental data shows the sharpest contraction in the last 100 years. The overall trends rem

Three Ways Technology Can Help Save Retailers

With retail sales plunging, customer experience is more important. Learn how AR, geospatial, and other technologies can help retailers stay close to customers and encourage brand loyalty.

The American Workplace Is Reopening. Are Employers Ready?

Ready or not, American workplaces are revving into action. Battered by the economic costs of the lockdown, governors are easing closure orders and allowing businesses to reopen. But what will the post-pandemic office look like?

Wells Fargo Stock Is Too Cheap

Wells Fargo, trading at 73.5% of tangible book value, is a bargain. WFC stock is worth at least $33.13 per share.

Massey's Alison Brook looks at how we are responding to a world-scale natural disaster that is killing jobs super-fast and what the resulting long-term unemployment will will do to economic prospects

Massey's Alison Brook looks at how we are responding to a world-scale natural disaster that is killing jobs super-fast and what the resulting long-term unemployment will will do to economic prospects

Is Microsoft Stock About to Go Into a Lengthy Stall? 

Microsoft trades at 30 times forward earnings. Some believe Microsoft stock is overvalued and about to go into a lengthy stall. 

Find The Best Talent And More: 4 Concrete Benefits To Your Business Of Being Accountable To Stakeholders

Accountability is essential if a company is to be purpose-driven and meet the needs of all stakeholders. But where to start? Examining environmental, community, worker, customer and governance impacts can help your business review, assess, and make meaningful changes to improve overall performance.

Eurozone inflation slumps to 0.1pc in May

BRUSSELS, May 29 — Inflation in the eurozone single currency area dropped to 0.1 per cent in May from 0.3 per cent in April, the official Eurostat agency said today. The drop in prices comes as Europe entered its sharpest recession in EU history because of the lockdowns brought on by the Covid-19...

Salesforce Stock Still a Buy as Its Software Gains Influence

Salesforce stock took a tumble after Q1 earnings, but ditching CRM stock now would be rather shortsighted.

The Path To The Covid Recovery Is Paved With Renewable Energy

Social entrepreneur Harish Hande reflects on the democratizing role of sustainable energy in the COVID recovery.

Are State Reopening Policies Turning The Economy Around?

There may be some slight economic improvement in more aggressive “reopening” states. But the nation’s overall economic picture remains very troubled. And a too-aggressive reopening before the virus is under control could feed a second disease wave later this year.

Accenture: An Attractive Long-Term Investment Opportunity

Accenture is nearing 52-week highs, but there's still a little room to run until fair value. IT Spending is forecast to be on the rise in 2021, and COVID-19 wil

Etsy: A Niche E-Commerce Poised For Growth

Etsy has been firing on all cylinders since 2017 increasing both growth and profitability. Etsy is facing competitive threats from its larger rivals. However, t

Americans Turned Less Gloomy About The Economy in May

Current conditions look better than they did a month ago but the outlook for the future is grimmer. |

Wide-Moat Stocks On Sale - The June 2020 Heat Map

Our 3-step process focuses on wide-moat stocks (as per Morningstar’s rating). We are only interested in those targets that are attractively valued in historical

Pharma shares in focus: Cipla, Aurobindo Pharma hit 52-week high

Dr Reddy's, Divis Labs, Biocon, JB Chemicals, Caplin Point Lab, Aarti Drugs, Indoco Remedies, RPG Lifesciences and Glenmark Pharma were up in the range of 3% to 5%.

Sundaram Finance net at ₹131 crore

Sundaram Finance Ltd. (SFL) has registered a net profit of ₹130.89 crore for the fourth quarter ended March 2020. The firm had recorded a net profit of ₹675 crore a year earlier.The net profit of the

Here Comes The Great Coronavirus Depression

by Nomi Prins

Selling My Uber To Get More Uber

A Grubhub deal seems like a foregone conclusion at this point. Uber seems like the most likely winner of a consolidation deal at this time. Other players like D

7-Eleven books higher Q1 profit despite Covid-19 pandemic

KUALA LUMPUR, May 29 — Convenience store chain 7-Eleven Malaysia has reported higher sales for the first quarter of 2020 by RM619.3 million, or 6.1 per cent overall. Chief executive officer Colin Harvey said sales increased by RM35.6 million in the quarter, with the same-store sales up 1.9 per...

Security Selection Rebalancing

Historic moves in both equity and fixed income markets during the first few months of the year have triggered investors to rebalance asset class allocations. Mo

BI sees rupiah strengthening to pre-pandemic level as it intervenes in market

BI has injected an additional Rp 167.6 trillion (US$11.33 billion) this month to stabilize the financial system.

Real-time payments are seeing rapid uptake during the pandemic

The Clearing House's real-time payments network may quickly attract FIs as the pandemic convinces firms to adopt the speedy payment option.

43% of Americans Worry About Doing This in Retirement

Hint: It's something every senior has to face.

Redesigning business processes for contactless operations

Blog » As the world fights against Covid19, businesses are desperately struggling to cope and sustain in the rapidly evolving commercial landscape. Long-lasting

3 questions SMBs should ask to maximize their COVID-19 Google Ads credit

Your business got a Google Ads credit to spend this year, now what? Before you spend it, consider these questions first.

Coronavirus: Govts must invest in 'efficient infectious disease prevention' - Researcher

A Research and Development Expert at Center for Africa Poverty Eradication, Nana Fori, has researched into the economical effects of the novel Coronavirus pandemic with its findings revealing that the virus has thrown the world leaders into a dark and dangerous waters as they struggle to balance public safety, economic concerns, nationwide lockdowns, travel bans and many other interconnected factors.

Oil surges 88% in May, posting its best month on record

WTI crude oil spiked 88% in May, notching its best monthly performance gain on record, according to data from Bloomberg. The surge in oil prices...

Aussie shares slip early after Wall St stumble

The Australian share market has opened lower after Wall St dipped amid US-China trade tensions.

Cash crunch: Telangana extends deferment of 50% salary to May

Odisha says March order not reversed yet; despite liquidity support by the Centre, many states continue salary deferments

FSDC meet: Govt, regulators to step in with more liquidity measures

Both the Centre and the regulators have stepped up focus on “avoiding a prolonged period of dislocation in financial markets”, the council added.

Top biz headlines: Corona warriors for markets, Jet gets 7 new EoIs, & more

Here are the top 10 headlines on Friday morning

Hap Seng records higher earnings in Q1

KUALA LUMPUR, May 29 — Hap Seng Consolidated Bhd’s net profit rose to RM160.38 million in the first quarter ended March 31, 2020 (Q1) from RM157.98 million in the same period last year. Revenue for the quarter, however, declined to RM1.48 billion from RM1.75 billion previously due to lower...

TerrAscend Emerging As This Year’s Breakout Star Among Cannabis Operators

TerrAscend’s latest performance reinforces analyst projections that this could be a watershed year for the company, which has spent the last year aggressively expanding its U.S. operations.

Inflation pushes sharply into negative territory

Consumer price inflation here fell by a dramatic 0.9pc in May according to a first estimate by European Statistics Agency Eurostat.

Stocks - Europe Lower; Caution Reigns Over Hong Kong

Stocks - Europe Lower; Caution Reigns Over Hong Kong

United Airlines Is a Little Bit Less Ugly

While UAL stock is less ugly today, that’s not enough of a reason to buy shares.

Bio-Rad: A Very Interesting Short-Term Investment Thanks To Gains On Sartorius Holding

Bio-Rad's 2 Core business divisions: Life Sciences and Clinical Diagnostics posted so-so results in Q120 delivering net profits of $74m. Although both divisions

Oil Posts Best Month Ever, Even As Rig Cuts Decline, Stockpiles Climb

Oil Posts Best Month Ever, Even As Rig Cuts Decline, Stockpiles Climb

Canada's economy falls by 8.2% annualized in Q1, better than expected, USD/CAD shakes

-- more to come Canada was expected to report an annualized fall of 10% in first-quarter Gross Domestic Product. The nation's provinces entered lockdo

KPIT Technologies expects 15 pc dip in Jun quarter revenues

The business should stabilise in the second half of 2020-21 as the world comes out of the COVID-19 pandemic, its co-founder, Managing Director and Chief Executive Kishor Patil told .

How Coronavirus is Impacting Digital Payments in Emerging Markets

Emerging markets have been the scene for creative innovations in payments for the last decade, says Wirex CEO Pavel Matveev.

Post-Covid retail loan losses may treble, hitting fintech lenders: CreditVidya

Much of the deterioration in loan quality is likely to be the result of loan stacking, or the practice of the same borrower having multiple outstanding loans from different lenders.

GDP numbers a telling commentary of BJP’s economic management, says Congress

Former Union minister Jairam Ramesh alleged that Prime Minister Narendra Modi was in denial mode.

Federal Reserve adds just $1bn of new corporate debt to balance sheet

Only modest use made of US central bank’s emergency lending facilities in the past week

Zurcher Kantonalbank Zurich Cantonalbank Purchases 828 Shares of Centerstate Bank Corp (NASDAQ:CSFL)

Zurcher Kantonalbank Zurich Cantonalbank increased its position in Centerstate Bank Corp (NASDAQ:CSFL) by 10.5% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 8,722 shares of the financial services provider’s stock after purchasing an additional 828 shares during the period. […]

Swiss National Bank Buys 600 Shares of FirstCash Inc (NYSE:FCFS)

Swiss National Bank increased its stake in shares of FirstCash Inc (NYSE:FCFS) by 0.7% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 82,812 shares of the credit services provider’s stock after acquiring an additional 600 shares during the quarter. Swiss National Bank owned about […]

Amazon.com, Inc. (NASDAQ:AMZN) Stock Position Increased by Mogy Joel R Investment Counsel Inc.

Mogy Joel R Investment Counsel Inc. increased its position in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 0.1% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 17,475 shares of the e-commerce giant’s stock after buying an additional 24 shares during the quarter. Amazon.com comprises […]

Moloney Securities Asset Management LLC Raises Stock Holdings in Amazon.com, Inc. (NASDAQ:AMZN)

Moloney Securities Asset Management LLC increased its position in Amazon.com, Inc. (NASDAQ:AMZN) by 46.1% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,879 shares of the e-commerce giant’s stock after acquiring an additional 593 shares during the period. Amazon.com makes up about […]

Capital Advantage Inc. Makes New Investment in Amazon.com, Inc. (NASDAQ:AMZN)

Capital Advantage Inc. bought a new position in shares of Amazon.com, Inc. (NASDAQ:AMZN) in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 607 shares of the e-commerce giant’s stock, valued at approximately $1,442,000. Amazon.com accounts for 0.6% of Capital Advantage Inc.’s portfolio, […]

Commerce Bank Buys 2,565 Shares of PolyOne Co. (NYSE:POL)

Commerce Bank raised its stake in shares of PolyOne Co. (NYSE:POL) by 15.7% during the 1st quarter, according to the company in its most recent filing with the SEC. The firm owned 18,900 shares of the specialty chemicals company’s stock after purchasing an additional 2,565 shares during the quarter. Commerce Bank’s holdings in PolyOne were […]

Amazon.com, Inc. (NASDAQ:AMZN) Holdings Raised by Quilter Plc

Quilter Plc lifted its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 0.7% during the first quarter, Holdings Channel.com reports. The fund owned 72,142 shares of the e-commerce giant’s stock after acquiring an additional 489 shares during the period. Amazon.com accounts for approximately 9.3% of Quilter Plc’s holdings, making the stock its biggest holding. Quilter […]

Madison Wealth Management Buys 1,967 Shares of Amazon.com, Inc. (NASDAQ:AMZN)

Madison Wealth Management boosted its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 666.8% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The firm owned 2,262 shares of the e-commerce giant’s stock after acquiring an additional 1,967 shares during the period. Amazon.com accounts for about 1.8% of Madison Wealth […]

Amazon.com, Inc. (NASDAQ:AMZN) Shares Acquired by Biondo Investment Advisors LLC

Biondo Investment Advisors LLC lifted its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 22.7% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 2,361 shares of the e-commerce giant’s stock after purchasing an additional 437 shares during the quarter. Amazon.com comprises 1.5% of Biondo […]

Mackay Shields LLC Buys Shares of 1,283 Chemed Co. (NYSE:CHE)

Mackay Shields LLC acquired a new position in Chemed Co. (NYSE:CHE) in the 1st quarter, Holdings Channel.com reports. The firm acquired 1,283 shares of the company’s stock, valued at approximately $556,000. Several other large investors also recently bought and sold shares of CHE. Great Diamond Partners LLC purchased a new stake in shares of Chemed […]

Barber Financial Group Inc. Increases Position in Amazon.com, Inc. (NASDAQ:AMZN)

Barber Financial Group Inc. grew its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 17.5% in the first quarter, according to its most recent disclosure with the SEC. The fund owned 322 shares of the e-commerce giant’s stock after buying an additional 48 shares during the period. Barber Financial Group Inc.’s holdings in Amazon.com were worth $627,000 […]

Swiss National Bank Has $3.19 Billion Holdings in Amazon.com, Inc. (NASDAQ:AMZN)

Swiss National Bank increased its position in Amazon.com, Inc. (NASDAQ:AMZN) by 23.4% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,635,551 shares of the e-commerce giant’s stock after acquiring an additional 309,700 shares during the period. Amazon.com comprises about 3.4% of Swiss National […]

Amazon.com, Inc. (NASDAQ:AMZN) is Partnervest Advisory Services LLC’s 9th Largest Position

Partnervest Advisory Services LLC boosted its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 26.7% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,379 shares of the e-commerce giant’s stock after buying an additional 291 shares during the period. […]

Russell Investments Group Ltd. Raises Stake in Match Group Inc (NASDAQ:MTCH)

Russell Investments Group Ltd. boosted its position in Match Group Inc (NASDAQ:MTCH) by 117.7% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 46,850 shares of the technology company’s stock after buying an additional 25,326 shares during the […]

Lucia Wealth Services LLC Has $521,000 Holdings in Amazon.com, Inc. (NASDAQ:AMZN)

Lucia Wealth Services LLC raised its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 25.9% during the 1st quarter, Holdings Channel.com reports. The institutional investor owned 267 shares of the e-commerce giant’s stock after acquiring an additional 55 shares during the quarter. Lucia Wealth Services LLC’s holdings in Amazon.com were worth $521,000 at the end of the […]

Pinnacle Wealth Management Advisory Group LLC Purchases 140 Shares of Amazon.com, Inc. (NASDAQ:AMZN)

Pinnacle Wealth Management Advisory Group LLC lifted its position in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 15.7% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,029 shares of the e-commerce giant’s stock after purchasing an additional 140 shares during […]

Integra Lifesciences Holdings Corp (NASDAQ:IART) Shares Sold by PNC Financial Services Group Inc.

PNC Financial Services Group Inc. trimmed its stake in shares of Integra Lifesciences Holdings Corp (NASDAQ:IART) by 4.8% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 26,604 shares of the life sciences company’s stock after selling 1,344 shares during […]

Commerce Bank Buys 1,732 Shares of CarMax, Inc (NYSE:KMX)

Commerce Bank increased its stake in shares of CarMax, Inc (NYSE:KMX) by 34.5% during the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 6,757 shares of the company’s stock after purchasing an additional 1,732 shares during the quarter. Commerce Bank’s holdings in CarMax were worth $363,000 […]

McAdam LLC Sells 21 Shares of Amazon.com, Inc. (NASDAQ:AMZN)

McAdam LLC reduced its position in Amazon.com, Inc. (NASDAQ:AMZN) by 5.1% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 387 shares of the e-commerce giant’s stock after selling 21 shares during the quarter. McAdam LLC’s holdings in Amazon.com were worth […]

Lighthouse Financial Advisors Inc. Sells 42 Shares of Amazon.com, Inc. (NASDAQ:AMZN)

Lighthouse Financial Advisors Inc. reduced its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 4.4% during the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 909 shares of the e-commerce giant’s stock after selling 42 shares during the quarter. Lighthouse Financial Advisors Inc.’s holdings in Amazon.com were […]

Kohl’s Co. (NYSE:KSS) Shares Sold by Commerce Bank

Commerce Bank reduced its holdings in shares of Kohl’s Co. (NYSE:KSS) by 87.4% during the 1st quarter, HoldingsChannel reports. The institutional investor owned 23,175 shares of the company’s stock after selling 160,673 shares during the quarter. Commerce Bank’s holdings in Kohl’s were worth $338,000 as of its most recent SEC filing. A number of other […]

Cambridge Investment Research Advisors Inc. Has $166.59 Million Stock Position in Amazon.com, Inc. (NASDAQ:AMZN)

Cambridge Investment Research Advisors Inc. increased its position in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 7.6% in the first quarter, Holdings Channel.com reports. The institutional investor owned 85,442 shares of the e-commerce giant’s stock after buying an additional 6,025 shares during the period. Amazon.com makes up 1.6% of Cambridge Investment Research Advisors Inc.’s holdings, making […]

Aberdeen Wealth Management LLC Increases Position in Amazon.com, Inc. (NASDAQ:AMZN)

Aberdeen Wealth Management LLC grew its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 5.3% in the first quarter, according to its most recent disclosure with the SEC. The fund owned 257 shares of the e-commerce giant’s stock after buying an additional 13 shares during the period. Aberdeen Wealth Management LLC’s holdings in Amazon.com were worth $501,000 […]

Commerce Bank Has $291,000 Stock Position in Hologic, Inc. (NASDAQ:HOLX)

Commerce Bank raised its stake in Hologic, Inc. (NASDAQ:HOLX) by 51.0% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,295 shares of the medical equipment provider’s stock after buying an additional 2,801 shares during the period. Commerce Bank’s holdings in […]

-$0.11 Earnings Per Share Expected for LivePerson, Inc. (NASDAQ:LPSN) This Quarter

Equities research analysts expect LivePerson, Inc. (NASDAQ:LPSN) to report earnings of ($0.11) per share for the current fiscal quarter, according to Zacks Investment Research. Eight analysts have provided estimates for LivePerson’s earnings, with the highest EPS estimate coming in at ($0.08) and the lowest estimate coming in at ($0.14). LivePerson posted earnings of ($0.20) per […]

Bank of New York Mellon Corp Has $20.07 Million Stake in Match Group Inc (NASDAQ:MTCH)

Bank of New York Mellon Corp boosted its position in shares of Match Group Inc (NASDAQ:MTCH) by 10.9% during the first quarter, HoldingsChannel reports. The institutional investor owned 303,838 shares of the technology company’s stock after purchasing an additional 29,902 shares during the period. Bank of New York Mellon Corp’s holdings in Match Group were […]

Citizens & Northern Corp Has $3.81 Million Stock Holdings in Amazon.com, Inc. (NASDAQ:AMZN)

Citizens & Northern Corp increased its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 4.2% in the 1st quarter, HoldingsChannel reports. The institutional investor owned 1,952 shares of the e-commerce giant’s stock after purchasing an additional 79 shares during the quarter. Amazon.com makes up approximately 2.4% of Citizens & Northern Corp’s investment portfolio, making the stock its […]

Tractor Supply (NASDAQ:TSCO) PT Raised to $138.00

Tractor Supply (NASDAQ:TSCO) had its price target boosted by analysts at Royal Bank of Canada from $116.00 to $138.00 in a report issued on Wednesday, The Fly reports. Royal Bank of Canada’s price objective suggests a potential upside of 15.99% from the stock’s current price. A number of other equities analysts also recently commented on […]

Commerce Bank Sells 4,601 Shares of Invesco Ltd. (NYSE:IVZ)

Commerce Bank trimmed its holdings in shares of Invesco Ltd. (NYSE:IVZ) by 10.3% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 40,174 shares of the asset manager’s stock after selling 4,601 shares during the period. Commerce Bank’s holdings […]

Apple Inc. (NASDAQ:AAPL) Shares Sold by Buckingham Capital Management Inc.

Buckingham Capital Management Inc. reduced its stake in shares of Apple Inc. (NASDAQ:AAPL) by 21.6% in the 1st quarter, HoldingsChannel reports. The firm owned 50,973 shares of the iPhone maker’s stock after selling 14,018 shares during the quarter. Apple makes up 3.3% of Buckingham Capital Management Inc.’s portfolio, making the stock its 5th largest position. […]

Apple Inc. (NASDAQ:AAPL) Shares Sold by Focused Wealth Management Inc

Focused Wealth Management Inc trimmed its stake in shares of Apple Inc. (NASDAQ:AAPL) by 2.0% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 25,517 shares of the iPhone maker’s stock after selling 515 shares during the period. Apple comprises about […]

Mackay Shields LLC Invests $640,000 in MarineMax Inc (NYSE:HZO)

Mackay Shields LLC purchased a new position in MarineMax Inc (NYSE:HZO) during the first quarter, HoldingsChannel.com reports. The fund purchased 61,400 shares of the specialty retailer’s stock, valued at approximately $640,000. Other institutional investors and hedge funds also recently modified their holdings of the company. Acadian Asset Management LLC bought a new position in MarineMax […]

Rhumbline Advisers Buys 153,817 Shares of Coty Inc (NYSE:COTY)

Rhumbline Advisers boosted its stake in shares of Coty Inc (NYSE:COTY) by 27.9% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 706,118 shares of the company’s stock after purchasing an additional 153,817 shares during the quarter. Rhumbline Advisers […]

Synchrony Financial (NYSE:SYF) Position Increased by Commerce Bank

Commerce Bank increased its stake in Synchrony Financial (NYSE:SYF) by 82.7% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 19,239 shares of the financial services provider’s stock after purchasing an additional 8,709 shares during the period. Commerce Bank’s holdings in […]

Zurcher Kantonalbank Zurich Cantonalbank Grows Position in ESCO Technologies Inc. (NYSE:ESE)

Zurcher Kantonalbank Zurich Cantonalbank raised its position in shares of ESCO Technologies Inc. (NYSE:ESE) by 29.5% in the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 1,932 shares of the scientific and technical instruments company’s stock after purchasing an additional 440 shares during the quarter. Zurcher Kantonalbank Zurich Cantonalbank’s holdings in ESCO Technologies were worth […]

Fuller & Thaler Asset Management Inc. Increases Position in Apple Inc. (NASDAQ:AAPL)

Fuller & Thaler Asset Management Inc. grew its stake in Apple Inc. (NASDAQ:AAPL) by 28.5% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 26,300 shares of the iPhone maker’s stock after acquiring an additional 5,827 shares during the quarter. Fuller & Thaler Asset […]

Trexquant Investment LP Purchases Shares of 8,789 Global Blood Therapeutics Inc (NASDAQ:GBT)

Trexquant Investment LP purchased a new stake in Global Blood Therapeutics Inc (NASDAQ:GBT) in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 8,789 shares of the company’s stock, valued at approximately $449,000. Other institutional investors also recently modified their holdings of the […]

40,729 Shares in NMI Holdings Inc (NASDAQ:NMIH) Bought by Trexquant Investment LP

Trexquant Investment LP acquired a new stake in NMI Holdings Inc (NASDAQ:NMIH) during the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 40,729 shares of the financial services provider’s stock, valued at approximately $473,000. Trexquant Investment LP owned about 0.06% of NMI at the end of […]

PNC Financial Services Group Inc. Acquires 13,408 Shares of Woodward, Inc.Common Stock (NASDAQ:WWD)

PNC Financial Services Group Inc. raised its holdings in shares of Woodward, Inc.Common Stock (NASDAQ:WWD) by 207.5% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 19,871 shares of the technology company’s stock after acquiring an additional 13,408 shares during the quarter. […]

Fusion Family Wealth LLC Has $325,000 Stock Position in Apple Inc. (NASDAQ:AAPL)

Fusion Family Wealth LLC decreased its holdings in shares of Apple Inc. (NASDAQ:AAPL) by 5.1% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,277 shares of the iPhone maker’s stock after selling 68 shares during the quarter. Apple makes up […]

Apple Inc. (NASDAQ:AAPL) is Canton Hathaway LLC’s 4th Largest Position

Canton Hathaway LLC lowered its holdings in shares of Apple Inc. (NASDAQ:AAPL) by 1.3% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 11,627 shares of the iPhone maker’s stock after selling 153 shares during the quarter. Apple makes up 2.1% of […]

Apple Inc. (NASDAQ:AAPL) Shares Bought by FineMark National Bank & Trust

FineMark National Bank & Trust grew its stake in shares of Apple Inc. (NASDAQ:AAPL) by 3.2% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 211,873 shares of the iPhone maker’s stock after acquiring an additional 6,583 shares during the period. […]

Swiss National Bank Acquires 2,100 Shares of Global Blood Therapeutics Inc (NASDAQ:GBT)

Swiss National Bank increased its holdings in shares of Global Blood Therapeutics Inc (NASDAQ:GBT) by 1.8% in the first quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 116,800 shares of the company’s stock after purchasing an additional 2,100 shares during the quarter. Swiss National Bank owned […]

Heritage Investors Management Corp Sells 8,501 Shares of Apple Inc. (NASDAQ:AAPL)

Heritage Investors Management Corp decreased its holdings in shares of Apple Inc. (NASDAQ:AAPL) by 3.4% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 244,454 shares of the iPhone maker’s stock after selling 8,501 shares during the quarter. Apple makes up […]

Apple Inc. (NASDAQ:AAPL) Shares Acquired by Noesis Capital Mangement Corp

Noesis Capital Mangement Corp lifted its position in shares of Apple Inc. (NASDAQ:AAPL) by 3.9% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 14,412 shares of the iPhone maker’s stock after buying an additional 541 shares during the period. Apple […]

Apple Inc. (NASDAQ:AAPL) is Wade G W & Inc.’s 3rd Largest Position

Wade G W & Inc. decreased its holdings in shares of Apple Inc. (NASDAQ:AAPL) by 4.7% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 172,339 shares of the iPhone maker’s stock after selling 8,544 shares during the quarter. Apple accounts for […]

Kathmere Capital Management LLC Purchases 3,849 Shares of Apple Inc. (NASDAQ:AAPL)

Kathmere Capital Management LLC increased its position in Apple Inc. (NASDAQ:AAPL) by 68.0% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 9,509 shares of the iPhone maker’s stock after buying an additional 3,849 shares during the quarter. Apple accounts for 0.9% of […]

Mengis Capital Management Inc. Sells 204 Shares of Apple Inc. (NASDAQ:AAPL)

Mengis Capital Management Inc. trimmed its stake in Apple Inc. (NASDAQ:AAPL) by 0.3% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 77,222 shares of the iPhone maker’s stock after selling 204 shares during the period. Apple comprises about 6.7% of Mengis Capital […]

Nordstrom, Inc. (NYSE:JWN) Shares Purchased by Swiss National Bank

Swiss National Bank lifted its holdings in Nordstrom, Inc. (NYSE:JWN) by 23.3% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 421,725 shares of the specialty retailer’s stock after purchasing an additional 79,800 shares during the quarter. Swiss National Bank’s holdings in Nordstrom […]

Insider Selling: MGP Ingredients Inc (NASDAQ:MGPI) Director Sells $21,870.00 in Stock

MGP Ingredients Inc (NASDAQ:MGPI) Director Karen Seaberg sold 250 shares of the business’s stock in a transaction that occurred on Saturday, February 1st. The stock was sold at an average price of $87.48, for a total transaction of $21,870.00. Following the sale, the director now directly owns 3,977 shares in the company, valued at approximately […]

Mackay Shields LLC Increases Holdings in Vanda Pharmaceuticals Inc. (NASDAQ:VNDA)

Mackay Shields LLC lifted its position in Vanda Pharmaceuticals Inc. (NASDAQ:VNDA) by 16.5% in the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 64,822 shares of the biopharmaceutical company’s stock after purchasing an additional 9,200 shares during the period. Mackay Shields LLC owned 0.12% of Vanda Pharmaceuticals […]

Trexquant Investment LP Has $499,000 Holdings in Clean Harbors Inc (NYSE:CLH)

Trexquant Investment LP raised its stake in Clean Harbors Inc (NYSE:CLH) by 4.1% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 9,710 shares of the business services provider’s stock after acquiring an additional 382 shares during the quarter. Trexquant Investment LP’s holdings […]

Ashland Global Holdings Inc (NYSE:ASH) Shares Sold by PNC Financial Services Group Inc.

PNC Financial Services Group Inc. lowered its position in shares of Ashland Global Holdings Inc (NYSE:ASH) by 2.9% during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 22,970 shares of the basic materials company’s stock after selling 690 shares during the quarter. PNC Financial […]

Commerce Bank Boosts Holdings in Ulta Beauty Inc (NASDAQ:ULTA)

Commerce Bank boosted its position in shares of Ulta Beauty Inc (NASDAQ:ULTA) by 40.9% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,743 shares of the specialty retailer’s stock after buying an additional 506 shares during the quarter. Commerce Bank’s holdings in Ulta Beauty […]

Cambridge Investment Research Advisors Inc. Acquires 21,040 Shares of United Continental Holdings Inc (NASDAQ:UAL)

Cambridge Investment Research Advisors Inc. raised its holdings in United Continental Holdings Inc (NASDAQ:UAL) by 294.0% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 28,197 shares of the transportation company’s stock after buying an additional 21,040 shares during the quarter. Cambridge Investment Research […]

PNC Financial Services Group Inc. Buys 7,890 Shares of Elanco Animal Health (NYSE:ELAN)

PNC Financial Services Group Inc. boosted its stake in shares of Elanco Animal Health (NYSE:ELAN) by 18.5% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 50,550 shares of the company’s stock after acquiring an additional 7,890 shares during the quarter. PNC […]

Commerce Bank Buys 847 Shares of Bank of Montreal (NYSE:BMO)

Commerce Bank increased its stake in Bank of Montreal (NYSE:BMO) (TSE:BMO) by 14.0% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 6,903 shares of the bank’s stock after purchasing an additional 847 shares during the period. Commerce Bank’s holdings in Bank […]

Papa John’s Int’l, Inc. (NASDAQ:PZZA) Shares Bought by First Trust Advisors LP

First Trust Advisors LP raised its holdings in Papa John’s Int’l, Inc. (NASDAQ:PZZA) by 7.9% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 40,979 shares of the company’s stock after acquiring an additional 3,011 shares during the quarter. First Trust Advisors LP’s holdings […]

Bank of Montreal to Issue Quarterly Dividend of $0.76 (NYSE:BMO)

Bank of Montreal (NYSE:BMO) (TSE:BMO) declared a quarterly dividend on Wednesday, May 27th, Zacks reports. Shareholders of record on Tuesday, August 4th will be given a dividend of 0.76 per share by the bank on Wednesday, August 26th. This represents a $3.04 dividend on an annualized basis and a yield of 6.04%. The ex-dividend date […]

French carmaker Renault to cut 15,000 jobs worldwide

French carmaker Renault said Friday it will cut 15,000 jobs worldwide as part of a 2 billion-euro ($2.2 billion) cost-cutting plan, as a brutal drop in industry sales during the pandemic worsened the

We thought too big, Renault says as it axes 15,000 jobs in cost-cutting reboot

PARIS (Reuters) - Renault acknowledged that its global ambitions had been unrealistic, announcing plans to cut about 15,000 jobs, shrink production and restructure French plants as it pressed the reset button and sought to banish the spectre of Carlos Ghosn.

We thought too big, Renault says as it axes 15,000 jobs in cost-cutting reboot

PARIS, May 29 — Renault acknowledged that its global ambitions had been unrealistic, announcing plans to cut about 15,000 jobs, shrink production and restructure French plants as it pressed the reset button and sought to banish the spectre of Carlos Ghosn. Faced with a slump in demand that has...

We thought too big, Renault says as it axes 15,000 jobs in cost-cutting reboot

PARIS (Reuters) - Renault acknowledged that its global ambitions had been unrealistic, announcing plans to cut about 15,000 jobs, shrink production and restructure French plants as it pressed the reset button and sought to banish the spectre of Carlos Ghosn.

French carmaker Renault to cut 15,000 jobs worldwide

French carmaker Renault said Friday it will cut 15,000 jobs worldwide as part of a 2 billion-euro ($2.2 billion) cost-cutting plan, as a brutal drop in industry sales during the pandemic worsened the company's pre-existing problems.

Renault plans to cut 14,600 jobs worldwide in race to reduce costs

The measures round off a decisive week for Renault and its Japanese partners Nissan Motor Co. and Mitsubishi Motors Corp., drawing a line under a two-decade era of aggressive expansion

‘We thought too big,’ Renault says as it axes 15,000 jobs in cost-cutting reboot

Faced with a slump in demand that has been exacerbated by the coronavirus pandemic, Renault detailed plans on Friday to find 2 billion euros in savings over the next three years.

We thought too big, Renault says as it axes 15,000 jobs in cost-cutting reboot

Renault acknowledged that its global ambitions had been unrealistic, announcing plans to cut about 15,000 jobs, shrink production and restructure French plants as it pressed the reset button and sought to banish the spectre of Carlos Ghosn. Faced with a slump in demand that has been exacerbated by the coronavirus pandemic, Renault detailed plans on Friday to find 2 billion euros ($2.22 billion) in savings over the next three years. "We thought too big in terms of sales," said interim Chief Exe

We thought too big, Renault says as it axes 15,000 jobs in cost-cutting reboot

We thought too big, Renault says as it axes 15,000 jobs in cost-cutting reboot

Renault announces nearly 15,000 job losses worldwide

Renault has announced nearly 15,000 job losses worldwide, including 4,600 in France in a €2 billion cost-cutting plan over three years.

Renault to slash about 15,000 jobs in €2bn cost-cutting plan

Carmaker eyes production cuts after fall in demand during coronavirus crisis

Renault to cut 14,600 jobs worldwide and lower capacity

Cost reductions aimed at outlasting the downturn that has rocked the auto industry

Renault to restructure French factories in bid to slash costs

French carmaker Renault said on Friday it was launching talks with unions to reorganise and cease assembling vehicles at several plants in France ...

Coronavirus crisis: Renault to lay off 150,000 employees globally

The overall cuts would affect just under 10% of Renault's 180,000 global workforce. The firm has around 48,500 staff in France

Renault to cut 15,000 jobs in 'vital' cost-cutting plan

French carmaker Renault says nearly 4,600 jobs would be cut in France and more than 10,000 in the rest of the world – some 8% of the company's global workforce

Renault to cut 15,000 jobs in 'vital' cost-cutting plan

Carmaker Renault said Friday that it would cut nearly 15,000 jobs, including 4,600 at its core French operations, as it seeks to steer out of a cash crunch exacerbated by the coronavirus crisis.

Renault to cut 15,000 jobs in ‘vital’ cost-cutting plan

Production capacity will be cut to 3.3m by 2024 from 4m vehicles currently

French carmaker Renault to take extreme measures on costs, cuts 14,000 jobs

Top official admits that manufacturer had been spending way too much, plans 10% job cuts

Faltering Renault to cut 15,000 jobs worldwide, including 4,600 in France

French carmaker Renault said on Friday it was launching talks with unions to restructure some plants and potentially close others as it confirmed plans to cut around 15,000 jobs worldwide to ride out…

Renault seeks to restructure French factories to slash costs

PARIS: Renault said on Friday it was launching talks with unions to restructure several French car plants, potentially leading to closures, as it confirmed plans to cut around 15,000 jobs worldwide. Faced with a slump in demand exacerbated by the coronavirus crisis, Renault is aiming to find €2 billion ($2.22 billion) in savings over the next three years as it hones in on key

Renault to restructure French factories in high-stakes reboot plan

French carmaker Renault said on Friday it was launching talks with unions to reorganise and cease assembling vehicles at several plants in France ...

Renault to cut 15,000 jobs

French carmaker Renault said Friday it will cut 15,000 jobs worldwide as part of a 2 billion-euro ($2.2 billion) cost-cutting plan, as a brutal drop in industry sales during the pandemic worsened the company's pre-existing problems.

Renault poised to announce 15,000 layoffs worldwide

The overall cuts would affect just under 10% of Renault's 180,000 global workforce. The firm has around 48,500 staff in France.

Renault to restructure factories, confirms 15,000 job cuts

News News: PARIS: Carmaker Renault said on Friday it was launching talks with unions to restructure some French plants and potentially close others as it confirm.

Renault Cutting Nearly 15,000 Jobs Worldwide to Save Costs

Renault announced it will be cutting 14,600 jobs around the world in a bid to save costs during the pandemic.

Renault to cut 15,000 jobs in US$2.2b cost cutting plan

PARIS: French auto giant Renault plans to cut around 15,000 jobs worldwide, including 4,600 in France, as part of a two billion euro (US$2.2 ...

Renault to cut 15,000 jobs in 2b euro cost cutting plan

Renault hopes to bring about the job cuts without redundancies through voluntary departures, internal mobility measures and retraining, sources said.

French carmaker Renault announces 15,000 job cuts worldwide

Renault, the French carmaker announces its cost-cutting plan of over three years. Renault will have 15,000 job cuts worldwide

French carmaker Renault announces 15,000 job cuts worldwide

Struggling French carmaker Renault on Friday announced 15,000 job cuts worldwide as part of a 2 billion-euro cost-cutting plan over three years. Renault said on Friday that nearly 4,600 jobs will be cut in France in addition to more than 10,000 in the rest of the world. The group's global

French carmaker Renault announces 15,000 job cuts worldwide

Struggling French carmaker Renault on Friday announced 15,000 job cuts worldwide as part of a 2 billion-euro cost-cutting plan over three years. Renault said on Friday that nearly 4,600 jobs will be cut in France in addition to more than 10,000 in the rest of the world. The group's global…

French carmaker Renault announces 15,000 job cuts worldwide

The group's global production capacity will be revised from 4 million vehicles in 2019 to 3.3 million by 2024, the company said. "The difficulties encountered by the group, the major crisis facing the automotive industry and the urgency of the ecological transition are all imperatives that are driving the company to accelerate its transformation," it said in a statement.

Renault poised to announce 15,000 lay offs worldwide

Some 4,500 jobs would go in France, though largely through a voluntary departure plan and a retirement scheme, the CFDT's Franck Daout told Reuters on Thursday.

French carmaker Renault announces 15,000 job cuts worldwide

PARIS — Struggling French carmaker Renault on Friday announced 15,000 job cuts worldwide as part of a 2 billion-euro cost-cutting plan over three years.

Renault is Macron’s problem champion

The troubled carmaker announced a radical restructuring program.

Renault announces 15,000 job cuts worldwide

The move is part of a two billion euro cost-cutting plan over three years.

Renault poised to announce 15,000 layoffs worldwide: union

French carmaker Renault is poised to announce 15,000 layoffs worldwide on Friday as it unveils a plan to boost its profitability and cope with ...

Renault to cut 15,000 jobs

Carmaker Renault said on Friday that it would cut nearly 15,000 jobs, including 4,600 at its core French operations, as it seeks to steer out of a cash crunch exacerbated by the coronavirus crisis.

French Carmaker Renault Plans to Eliminate Nearly 15,000 Jobs Worldwide Amid Pandemic

Earlier, French President Emmanuel Macron said that authorities intend to send 8 billion euros to support the automotive industry.

Renault Makes Like Nissan, Cuts Future Production, Spending, Jobs

The same week that Nissan outlined a supposedly sustainable path forward, alliance partner Renault did the same thing, revealing a blueprint for a streamlined business

Businesses told to start paying furlough bill from August

Chancellor Rishi Sunak unveiled plans for grants for freelancers of up to £6,570 which will also be available from that date.

Businesses told to start paying furlough bill from August

Chancellor Rishi Sunak unveiled plans for grants for freelancers of up to £6,570 which will also be available from that date.

What do the new furlough rules mean for workers and businesses?

Chancellor Rishi Sunak has announced several changes to the furlough scheme.

Businesses told to start paying furlough bill from August

Chancellor Rishi Sunak unveiled plans for grants for freelancers of up to £6,570 which will also be available from that date.

Businesses to start paying towards furlough costs in August

A final self-employment coronavirus grant is to be made available and businesses must start paying towards the worker furlough scheme from August, the British Government has announced.

Workers to start getting part of furlough payments from their companies

Chancellor Rishi Sunak announced that the self-employment support scheme has also been extended.

Coronavirus: What help are self-employed getting from government?

What is being done for the five million self-employed people in the UK facing a sudden loss of income?

Sunak scales back furlough scheme as Covid-19 death toll reaches 38,161

British chancellor announces lower wage supports and plans to stem unemployment

Coronavirus: Chancellor extends support for self-employed but warns of ‘hardship ahead’

Chancellor Rishi Sunak has extended support for self-employed workers and unveiled a new "flexible furlough" system for firms.

UK helps employers with slow phase-in of job shield costs

British finance minister Rishi Sunak offered fresh help to employers hammered by the coronavirus shutdown on Friday in the form of a gradual phase-in of contributions from them to the government's costly wage subsidy scheme. The government has been paying 80% of the wages of some 8.4 million workers since…

TWSS open to women returning from maternity leave

The Temporary Wage Subsidy Scheme has been amended to allow women who were on maternity leave to access the payment.

Diane Dodds – Furlough changes incredibly difficult for some firms in NI

Around 200,000 people have taken part in an unprecedented official initiative to save jobs during the lockdown.

Furlough latest - 3 announcements we're expecting from Chancellor Rishi Sunak today

On Friday, the Chancellor is expected to announce a raft of changes to the furlough scheme as the state subsidy is wound down for more than 8.4million workers

Diane Dodds – Furlough changes incredibly difficult for some firms in NI

Around 200,000 people have taken part in an unprecedented official initiative to save jobs during the lockdown.

Diane Dodds – Furlough changes incredibly difficult for some firms in NI

Around 200,000 people have taken part in an unprecedented official initiative to save jobs during the lockdown.

New self-employment grant and furlough details: What does it all mean?

Businesses will need to start contributing to furloughed wages and the self-employed can apply for a new grant from August.

Chancellor extends coronavirus support for self-employed but for the final time

Rishi Sunak confirmed the scheme would not be coming to an end and that the self employed would be able to claim a grant for the second and final time

Theresa May says Dominic Cummings 'did not follow the spirit' of lockdown rules

EXCLUSIVE The former PM became the latest senior Conservative to criticise the behaviour of the No10 aide as the Tories divide on Mr Cummings deepened

New self-employment grant and furlough details: What does it all mean?

Businesses will need to start contributing to furloughed wages and the self-employed can apply for a new grant from August.

Firms must pay 20 per cent of wages for furloughed staff from August, Rishi Sunak will say today as he starts to wind down massive bailout despite fears of a wave of redundancies

Chancellor Rishi Sunak will declare that businesses should start taking some of the burden despite fears of a wave of redundancies.

Self-employed scheme extended as Chancellor details furlough changes

It comes after Boris Johnson announced a gradual easing of the lockdown in England, with friends and families able to meet in parks and gardens.

Self-employed scheme extended as Chancellor details furlough changes

It comes after Boris Johnson announced a gradual easing of the lockdown in England, with friends and families able to meet in parks and gardens.

Virus-hit self-employed to receive second payment

Applications for a "second and final" grant of up to £6,570 will open in August, the chancellor says.

Two million jobs could be lost by changes to the furlough scheme, experts warn

BRITAIN will be hit by as many as two million job cuts if the chancellor makes cuts to the furlough scheme, experts have warned. Rishi Sunak is this afternoon expected to announce employers will ne…

Wipro appoints Thierry Delaporte as CEO and MD

Wipro has appointed Thierry Delaporte as the Chief Executive Officer and Managing Director of the company, effective July 6.Until recently, Thierry Delaporte was the Chief Operating Officer of Capgemi

Capgemini's top executive Thierry Delaporte is new Wipro CEO

Until recently, Thierry Delaporte was CEO of Capgemini Group and a member of its Group Executive Board. He held several leadership roles including that of CEO of Global Financial Services Strategic Business Unit, and head of all global service lines

Wipro appoints Capgemini’s Thierry Delaporte as new CEO, MD

India Business News: Wipro said it has appointed Thierry Delaporte as its chief executive officer and managing director to replace outgoing Abidali Neemuchwala. Delaporte,

Wipro appoints Thierry Delaporte as new CEO and MD

Wipro's 3-month old leader hunt comes to an end

Who is Wipro’s new MD and CEO?

Wipro’s new MD and CEO Thierry Delaporte: Wipro named Thierry Delaporte as its new chief executive officer (CEO) and managing director (MD). He will be replacing Abidali Neemuchwala who relinquishes his position on June 1.

Wipro appoints Thierry Delaporte as CEO & Managing Director

Wipro has appointed Thierry Delaporte as the Chief Executive Officer and Managing Director of the company, effective July 6 this year.Current CEO and MD Abidali Neemuchwala will relinquish his positio

Thierry Delaporte appointed as CEO and Managing Director of WIPRO

Capgemini COO Thierry Delaporte becomes new Wipro CEO and MD

Neemuchwala will step down as CEO on June 1 while executive chairman Rishad Premji will oversee day-to-day operations of the company until Delaporte takes over on July 6

Who is Thierry Delaporte? Three interesting facts about Wipro’s new boss

Information technology major Wipro has appointed Capgemini Chief Operating Office, Thierry Delaporte, as its new Chief Executive Officer (CEO) and Managing Director.

Indian IT to get first non-Indian CEO in Wipro’s Thierry Delaporte

Thierry Delaporte, who will take over as CEO and MD on July 6 replacing incumbent Abidali Neemuchwala, is chairman Rishad Premjis choice to steer Wipro from a decade-long streak of below-par growth that has lagged peers. Rishad took over as Chairman of Wipro from his father Azim Premji last July.

Thierry Delaporte as CEO to help Wipro with new ideas, global presence: Analysts

Prior to Wipro, Delaporte was the chief operating officer of Capgemini Group and a member of its group executive board.Analysts believe Delaporte will be expected to deliver on tasks predecessor Abidali Z. Neemuchwala left incomplete

Wipro Appoints Capgemini's Thierry Delaporte As CEO, Managing Director

Wipro has appointed Capgemini executive Thierry Delaporte as its chief executive officer and managing director, the company said in a regulatory filing.

India's Wipro names new CEO; Thierry Delaporte to take over July 6

Thierry Delaporte to join from Capgemini and will be based in Paris

After Infosys, now Wipro hires a Capgemini top executive as CEO & MD

Appoints French IT services firm's COO Thierry Delaporte for its top post

Billionaire Premji Hires Wipro CEO From His Rival Capgemini Thierry Delaporte New CEO

Thierry Delaporte will take over effective July 6, replacing Abidali Z Neemuchwala. Wipro named Thierry Delaporte chief executive officer, recruiting … Billionaire Premji Hires Wipro CEO From His Rival Capgemini Thierry Delaporte New CEO Read More »

Wipro's new CEO Thierry Delaporte has an impressive CV but challenges galore: Experts

Delaporte will have to ring in organisational changes to help Wipro regain lost ground, feel experts.

Former HDFC executive Deepak Satwalekar appointed to Wipro’s Board

Wipro gains over 6% after Co appoints Thierry Delaporte as new CEO and MD

Delaporte was most recently the chief operating officer of French consulting and technology firm Capgemini Group.

Capgemini’s Delaporte to take over as Wipro CEO and MD

Frenchman had spent 25 years with the consulting firm

Thierry Delaporte, the first foreign CEO of Wipro, is no stranger to Indian IT

Delaporte, who joined Capgemini in 1995, through its acquisition of Sogeti, started with auditing. Soon, he led the finance operations for the company across regions outside of Europe. He moved to sales and later led Capgeminis Global Financial Services Strategic Business Unit before moving on to head the companys Latin American operations.

Wipro appoints Deepak M Satwalekar to its Board of Directors

Deepak M ​​Satwalekar has been the Managing Director of HDFC Ltd and subsequently the Managing Director and CEO of HDFC Standard Life Insurance Co. Ltd. He has also been a consultant to the World Bank, the Asian Development Bank, the United States Agency for International Development (USAID) and the United Nations Human Settlements Programme (UN-HABITAT), the statement said.

Inside Wipro's new CEO appointment: How IT firm got lucky with Thierry Delaporte

Industry observers say that Wipro has been 'sheer lucky' to get him onboard given the tepid performance of the company for over last three-four years

Wipro shares gain 1% after Co appoints Thierry Delaporte as new CEO and MD

Delaporte was most recently the chief operating officer of French consulting and technology firm Capgemini Group.

Covid-19 could cause $8.5 trillion loss in global output: UN Secretary General

US News: UN chief Antonio Guterres has warned that the Covid-19 pandemic could cause unimaginable devastation, usher in hunger and famine of historic proportio

Covid-19 could cause USD 8.5 Trillion Loss In Global Output: UN Sec Gen

UN chief Antonio Guterres has warned that the COVID-19 pandemic will cause unimaginable devastation, usher in hunger and famine of historic proportions and lead to a loss of USD 8.5 trillion in global output

COVID-19 could cause $8.5 trillion loss in global output: UN Sec Gen

“Unless we act now, the COVID-19 pandemic will cause unimaginable devastation and suffering around the world. Hunger and famine of historic proportions. Sixty million more people pushed into extreme poverty. Up to half the global workforce – 1.6 billion people – without livelihoods,” Guterres said

COVID-19 could cause USD 8.5 trillion loss in global output: UN Sec Gen

Nagaland Page is an English newspaper published from Dimapur, Nagaland.

Coronavirus may lead to $8.5 trillion loss in global output, sharpest since Great Depression: UN

Globally, coronavirus has infected 5,813,997 people and killed 360,397, according to Johns Hopkins University

COVID-19 could cause $8.5 trillion loss in global output, warns UN chief Antonio Guterres

He said the pandemic could usher in a loss of USD 8.5 trillion in global output  the sharpest contraction since the Great Depression of the 1930s.

How to beat COVID-19, by Buhari - The Nation Nigeria

President Muhammadu Buhari has said the support of developed countries and international financial organisations to poorer countries ...

COVID-19 could cause $8.5 trillion loss in global output: UN chief Antonio Guterres

“We must avoid it. The pandemic has demonstrated our fragility. Despite all the technological and scientific advances of recent decades, we are in an unprecedented human crisis, because of a microscopic virus,” the UN Secretary General said on Thursday to the high-level event on Financing For Development.

UN chief warns leaders pandemic may cause historic famine

Secretary-General Antonio Guterres warns up to 1.6 billion people may be unable to earn a living unless action taken now

UN chief warns leaders pandemic may cause historic famine

The U.N. chief on Thursday warned the largest gathering of world leaders since the coronavirus pandemic began that it will cause “unimaginable devastation and suffering around the world,” with historic levels of hunger and famine and up to 1.6 billion people unable to earn a living.

UN chief warns leaders pandemic may cause historic famine

The U.N. chief on Thursday warned the largest gathering of world leaders since the coronavirus pandemic began that it will cause “unimaginable devastation and suffering around the world,” with historic levels of hunger and famine and up to 1.6 billion people unable to earn a living.

U.N. chief warns leaders coronavirus pandemic may cause historic famine | Honolulu Star-Advertiser

UNITED NATIONS >> The U.N. chief today warned the largest gathering of world leaders since the coronavirus pandemic began that it will cause “unimaginable devastation and suffering around the world,” with historic levels of hunger and famine and up to 1.6 billion people unable to earn a living unless action is taken now.

UN chief warns leaders pandemic may cause historic famine

The U.N. chief on Thursday warned the largest gathering of world leaders since the coronavirus pandemic began that it will cause “unimaginable devastation and suffering around the world,” with historic levels of hunger and famine and up to 1.6 billion people unable to earn a living unless action is taken now.

Covid-19 may cause hunger, famine, $8.5 trn loss in global output: UN chief

Guterres told the high-level meeting that the UN is asking for immediate, collective action in six critically important areas to deal with the crisis

COVID-19: Act now or risk ‘unimaginable devastation’ globally, warns UN chief

COVID-19: Act now or risk ‘unimaginable devastation’ globally, warns UN chief

COVID-19 shock on Nigeria, multiple ― Buhari

President Muhammadu Buhari on Thursday said that the shocks of the ravaging COVID-19 pandemic on Nigeria especially on its economy.

U.N. calls on nations to take action in six areas to limit COVID-19's financial impact

May 28 (UPI) -- U.N. Secretary-General Antonio Guterres on Thursday called for countries throughout the world to work to take action in six areas to limit the financial impacts of the COVID-19 pandemic.

Holness upbeat after global leaders commit to united front against COVID-19

Prime Minister Andrew Holness has applauded global leaders and multilateral institutions ...

UN chief calls for attention to nuclear, cyberspace security

UN Secretary-General Antonio Guterres said that attention should be given to increasing risk of nuclear proliferation and the lawlessness of cyberspace, while the international community has been fighting the COVID-19 pandemic.

Covid-19 problem requires global solution: PM

Addressing a world event online, Imran shares his vision on possible ways to address debt issue, financial challenges facing developing countries.

'Saudi Arabia committed to work with others to address pandemic global impacts'

Al Jadaan highlighted the actions that the G20 has taken to respond to the health, economic and social challenges stemming from the COVID-19 pandemic.

Al-Jadaan: $40bn transferred from SAMA's FX reserves to PIF 

Al-Jadaan: $40bn transferred from SAMA's FX reserves to PIF 

Hitachi, Ltd. 2020 Q4 - Results - Earnings Call Presentation

The following slide deck was published by Hitachi, Ltd. in conjunction with their 2020 Q4 earnings call.

Aritzia Inc. 2020 Q4 - Results - Earnings Call Presentation

The following slide deck was published by Aritzia Inc. in conjunction with their 2020 Q4 earnings call.

ReneSola Ltd 2020 Q1 - Results - Earnings Call Presentation

The following slide deck was published by ReneSola Ltd in conjunction with their 2020 Q1 earnings call.

AutoZone, Inc. 2020 Q3 - Results - Earnings Call Presentation

The following slide deck was published by AutoZone, Inc. in conjunction with their 2020 Q3 earnings call.

iMedia Brands, Inc. 2020 Q1 - Results - Earnings Call Presentation

The following slide deck was published by iMedia Brands, Inc. in conjunction with their 2020 Q1 earnings call.

StoneCo Ltd. 2020 Q1 - Results - Earnings Call Presentation

The following slide deck was published by StoneCo Ltd. in conjunction with their 2020 Q1 earnings call.

BRP Inc. 2020 Q1 - Results - Earnings Call Presentation

The following slide deck was published by BRP Inc. in conjunction with their 2020 Q1 earnings call.

Euroseas Ltd. 2020 Q1 - Results - Earnings Call Presentation

The following slide deck was published by Euroseas Ltd. in conjunction with their 2020 Q1 earnings call.

DXC Technology Company 2020 Q4 - Results - Earnings Call Presentation

The following slide deck was published by DXC Technology Company in conjunction with their 2020 Q4 earnings call.

Olympus Corporation 2020 Q4 - Results - Earnings Call Presentation

The following slide deck was published by Olympus Corporation in conjunction with their 2020 Q4 earnings call.

Pure Storage, Inc. 2021 Q1 - Results - Earnings Call Presentation

The following slide deck was published by Pure Storage, Inc. in conjunction with their 2021 Q1 earnings call.

Grupo Supervielle S.A. 2020 Q1 - Results - Earnings Call Presentation

The following slide deck was published by Grupo Supervielle S.A. in conjunction with their 2020 Q1 earnings call.

Lupin Ltd ADR 2020 Q4 - Results - Earnings Call Presentation

The following slide deck was published by Lupin Ltd ADR in conjunction with their 2020 Q4 earnings call.

CIRCOR International, Inc. 2020 Q1 - Results - Earnings Call Presentation

The following slide deck was published by CIRCOR International, Inc. in conjunction with their 2020 Q1 earnings call.

CD Projekt S.A. 2020 Q1 - Results - Earnings Call Presentation

The following slide deck was published by CD Projekt S.A. in conjunction with their 2020 Q1 earnings call.

Vipshop Holdings Limited 2020 Q1 - Results - Earnings Call Presentation

The following slide deck was published by Vipshop Holdings Limited in conjunction with their 2020 Q1 earnings call.

Elekta AB (publ) 2020 Q4 - Results - Earnings Call Presentation

The following slide deck was published by Elekta AB (publ) in conjunction with their 2020 Q4 earnings call.

Summit Wireless Technologies, Inc. 2020 Q1 - Results - Earnings Call Presentation

The following slide deck was published by Summit Wireless Technologies, Inc. in conjunction with their 2020 Q1 earnings call.

Modine Manufacturing Company 2020 Q4 - Results - Earnings Call Presentation

The following slide deck was published by Modine Manufacturing Company in conjunction with their 2020 Q4 earnings call.

B.O.S. Better Online Solutions Ltd. 2020 Q1 - Results - Earnings Call Presentation

The following slide deck was published by B.O.S. Better Online Solutions Ltd. in conjunction with their 2020 Q1 earnings call.

KNOT Offshore Partners LP 2020 Q1 - Results - Earnings Call Presentation

The following slide deck was published by KNOT Offshore Partners LP in conjunction with their 2020 Q1 earnings call.

VW increases bet on China’s slowing electric vehicle market

German group will invest €2bn into growing presence in country despite hit from Covid-19

VW spending $2.2B to expand in China's electric car market

Volkswagen is spending 2 billion euros ($2.2 billion) to expand its presence in China's electric car industry in the biggest foreign investment announced since the country's economy began to reopen following ...

VW spending $2.2B to expand in China’s electric car market

Volkswagen makes its biggest foreign investment of $2.2 billion to make its presence in the Chinese electric vehicle market.

VW spending $2.2B to expand in China's electric car market

BEIJING — Volkswagen is spending 2 billion euros ($2.2 billion) to expand its presence in China’s electric car industry in the biggest foreign investment announced since the country’s economy began to reopen following the coronavirus pandemic.

VW spending $2.2B to expand in China's electric car market

Volkswagen is spending 2 billion euros (US$2.2 billion) to expand its presence in China's electric car industry in the biggest foreign investment announced since the country's economy began to reopen following the coronavirus pandemic.

Volkswagen spending $2.2 billion to expand in China’s electric car market

Volkswagen is spending 2 billion euros ($2.2 billion) to expand its presence in China's electric car industry in the biggest foreign investment announced since the country's economy began to reopen following the coronavirus pandemic.

Volkswagen pumps 2 billion euros into China electric vehicle bet

BEIJING/HONG KONG (Reuters) - Volkswagen AG (VOWG_p.DE) plans to boost its electric push in China, the world’s biggest auto market, by pumping 2.1 billion euros in two Chinese electric vehicle players.

Volkswagen invests 2 billion euros in Chinese electric vehicle sector

Volkswagen will take a 50% stake in JAG – the parent company of state-owned JAC Motors – and a 26% share of Chinese battery supplier Gotion High-Tech

Volkswagen pumps 2 billion euros into China electric vehicle bet

Volkswagen AG plans to boost its electric push in China, the world's biggest auto market, by pumping 2.1 billion euros in two Chinese electric ...

Volkswagen invests US$2.2b in Chinese electric vehicle sector

Volkswagen said on Friday it will invest around 2 billion euros ($2.2 billion) in two Chinese companies in the electric vehicle sector, calling it ...

Volkswagen to invest 2 billion euros in Chinese EV deal, buys stakes in two firms

In a separate transaction, VW said it will pay 1.1 billion euros to acquire 26.5% of Guoxuan High-tech Co Ltd, a maker of electric vehicle batteries, becoming its biggest shareholder

Volkswagen AG pumps 2 billion euros into China electric vehicle bet, buys stakes in 2 firms

VW said it will invest 1 billion euros to take a 50% stake in the state-owned parent of Anhui Jianghuai Automobile Group (JAC Motors), also raising its stake in an existing electric vehicle joint venture with JAC to 75% from 50%.

Volkswagen invests 2 billion euros in Chinese electric vehicle sector

Volkswagen said on Friday it will invest around 2 billion euros ($2.2 billion) in two Chinese companies in the electric vehicle sector, calling it "the world's biggest market".

Volkswagen invests €2b in Chinese electric vehicle sector

BEIJING, May 29 ― Volkswagen said today it will invest around €2 billion (RM9.65 billion) in two Chinese companies in the electric vehicle sector, calling it “the world's biggest market”. The German car giant said it will take a 50 per cent stake in JAG ― the parent company of state-owned...

Volkswagen invests €2bn in Chinese electric vehicle sector

BEIJING: Volkswagen will invest around €2 billion ($2.2 billion) in two Chinese companies in the electric vehicle sector, calling it “the world’s biggest market.” The German car giant said it will take a 50 percent stake in JAG — the parent company of state-owned JAC Motors — and increase its holding in the JAC Volkswagen joint venture from 50 percent to 75 percent for around

Volkswagen Ploughs Over $2 Billion Into the Chinese Electric Car Industry

On Friday, Volkswagen announced it would be investing $2.2 billion in two companies in the Chinese electric vehicle sector in a bid to push forward the "world's biggest market" towards the electrification of cars.

Volkswagen Looks East To China, Pledges €2bn To Boost Beijing's Electric, New Energy Vehicle Market

The world's largest automaker group is set to enter the Chinese market as rival motor companies compete for a top spot in the world's largest car market, the company...

Volkswagen Pumps $2.2 Billion Into China EV Operations, Expands Cooperation With Ford

Earlier this month, Volkswagen announced it was rethinking its plan to use its SEAT brand to spearhead its electric vehicle efforts in China. It wasn't exactly clear at that time what the company's Plan B was. Certainly it was not abandoning its China plans, was it? This week, that question has been answered. The company

Volkswagen says it will have full control of JAC-VW Chinese venture

BEIJING/SHANGHAI (Reuters) - German automaker Volkswagen (VOWG_p.DE) will have full management control of its JAC-VW joint venture, the company’s China CEO said on Friday.

Volkswagen invests two billion euros in China – new acquisitions are part of its electrification strategy

Volkswagen has announced some big moves in China as part of its electrification strategy in the world's largest auto market. The German giant plans to

Volkswagen says it will have full control of JAC-VW Chinese venture

German automaker Volkswagen will have full management control of its JAC-VW joint venture, the company's China CEO said on Friday.

Williams set to sell Formula One team following financial losses

Williams are considering selling their Formula 1 team due to growing financial pressures.This mo...

Williams set to sell Formula One team

Williams is considering a sale of its once-dominant but now struggling Formula One team as part of a new strategic direction.

Williams set to sell Formula One team

Williams is considering a sale of its once-dominant but now struggling Formula One team as part of a new strategic direction.

Formula One: Williams considering selling team after suffering over $15 million in losses

After posting a £12.9 million profit in 2018, Williams have responded to the blow by seeking new investment.

Williams considers selling F1 team after £13m loss

Williams revealed that they are considering selling the Formula One team after a multi-million pound drop in the company's financial results.

Cash-strapped Williams considers selling F1 team

Williams is considering selling a minority or majority stake to secure its future in F1. Click here to know more.

Williams considers selling F1 team after £13 million loss

Williams revealed on Friday that they are considering selling the Formula One team after a multi-million pound drop in the company's financial ...

Want to buy an F1 team? Williams is considering selling

LONDON — Williams said on Friday it was considering selling its once-dominant but now struggling Formula One team as part of a strategic review. Williams G

Formula 1: Williams considers sale of team as board struggles from £13 million loss in 2019

Williams said on Friday it was considering selling its once-dominant but now struggling Formula One team as part of a strategic review.

Williams considers sale of struggling F1 team

Williams is considering a sale of its once-dominant but now struggling Formula One team as part of a new strategic direction, Williams Grand Prix Holdings (WGPH) said on Friday.

Williams considers sale of struggling F1 team

LONDON (Reuters) - Williams said on Friday it was considering selling its once-dominant but now struggling Formula One team as part of a strategic review.

Ethereum Posts Breakout Rally as Analysts Set Upside Targets at $290

Ethereum could be positioned to see even further gains in the near-term, as this latest movement has provided its market structure with a serious boost.

Analysts Foresee a Harsh End to Bitcoin’s Uptrend if It Losses $9,350

Analysts believe that a break below Bitcoin's near-term support will invalidate this recent uptrend and catalyze even further downside.

Bitcoin Breaking $10,500 Will Set the Stage for a Massive Reversal: Here’s Why

Bitcoin has been on an impressive rally over the past two months.

Major Crypto Assets Are Preparing For Powerful Volatility Against Bitcoin

Although there were some early signs that an altcoin season may be upon us, top crypto assets like Ethereum have been reverted to weakening performance against

Ethereum’s Rocketing Funding Rates a Grave Sign for Its Ongoing Rally

The number of Ethereum long positions has been rocketing, which has been a warning sign that a liquidation-fueled movement is imminent.

This is the Level Chainlink Needs to Surmount to See “Swift Rally” to Fresh Highs

Chainlink (LINK) could soon find itself caught within an uptrend that leads it up to fresh all-time highs if it breaks one key resistance level.

Bitcoin’s Funding is Flashing a Warning Sign After Rejection at Key Resistance

Bitcoin's rejection at $9,700 has coincided with funding flipping positive. This suggests that sellers are gaining the upper hand over buyers

Bitcoin Risks a Free-Fall to $7,000 Despite Strong Fundamentals, Analysts Warn

Fundamental strength may not be enough to stop Bitcoin from seeing a decline into the $7,000 region – according to one prominent trader.

Bitcoin Isn’t Even in a Macro Bull Market Yet: Here’s Why One Is Imminent

Bitcoin has performed extremely well since the $3,700 lows. Data from TradingView suggests that from the lows, the cryptocurrency is up just over 150%.

Derivatives Data Shows That Even After 150% Rally, Bitcoin Is Far From Topping Out

Over the past few weeks, analysts have said Bitcoin is finally finding a local top.

S&P 500 Sell Signal May Drag Bitcoin Back Toward Black Thursday Lows

The lingering correlation between Bitcoin and the S&P 500 may be soon coming back to haunt the cryptocurrency market if a chillingly accurate sell signal se

Tesla’s Musk earns $770M in stock options, company confirms

Tesla confirmed Thursday that CEO Elon Musk will get the first tranche worth nearly $770 million of a stock-based compensation package

Elon Musk earns £625 million payday after Tesla hits targets

It was not clear if Mr Musk, whose wealth is estimated at 39 billion dollars (£31.7 billion) by Forbes magazine, exercised the options.

Elon Musk earns £625 million payday after Tesla hits targets

Tesla chief executive Elon Musk has seen his wealth boosted by £625 million after his company hit a number of performance targets.The electric car maker passed the milestones of a total market value of 100 billion dollars (£81 billion) and making 20 billion (£16 billion) in revenue for four quarters triggering the compensation package.A filing with the US Securities and Exchange Commission said Mr Musk can buy 1.69 million shares of Tesla for 350.02 dollars (£284.03), compared to its most recent closing price of 805.81 dollars (£653.93).It was not clear if Mr Musk, whose wealth is estimated at 39 billion dollars (£31.7 billion) by Forbes magazine, exercised the options.

Elon Musk earns £625 million payday after Tesla hits targets

It was not clear if Mr Musk, whose wealth is estimated at 39 billion dollars (£31.7 billion) by Forbes magazine, exercised the options.

Elon Musk earns £625 million payday after Tesla hits targets

Tesla chief executive Elon Musk has seen his wealth boosted by £625 million after his company hit a number of performance targets.

Elon Musk earns £625 million payday after Tesla hits targets

It was not clear if Mr Musk, whose wealth is estimated at 39 billion dollars (£31.7 billion) by Forbes magazine, exercised the options.

Tesla: Elon Musk qualifies for $770 million compensation

May 29 (UPI) -- Tesla announced in its Thursday filing with the Securities and Exchange Commission that founder Elon Musk has qualified for a compensation package worth some $770 million after the company reached certain growth goals.

Tesla performance opens door to Elon Musk payday

Tesla has hit financial marks that let its colorful chief executive Elon Musk reap the first portion of a multi-billion dollar compensation package, the electric car maker said Thursday.

Tesla performance opens door to Elon Musk payday

NEW YORK, May 29 ― Tesla has hit financial marks that let its colourful chief executive Elon Musk reap the first portion of a multi-billion dollar compensation package, the electric car maker said yesterday. Musk has foregone a base salary in exchange for a shot at a fortune in deeply discounted...

Tesla CEO Elon Musk gets $700 million in first performance-based payout

Tesla has awarded its CEO, Elon Musk, with the first out of 12 performance-based payouts — and it’s worth over a whopping $700 million.

Voda Idea jumps 35% on reports Google eyeing 5% stake in telco

For a 5 per cent stake, Google will have to shell out $110 million.

Vodafone-Idea clarifies on reports of Google seeking to buy equity stake, here’s why the stock fell 15%

Cash-strapped telecom major Vodafone-Idea has clarified that its Board is currently not considering any proposal for investment in the comping, a day after The Financial Times reported that internet giant Google could pick up a 5% equity stake in the firm.

Vodafone Idea surges 35% on report Google eyeing 5% stake, trims gain later

The stock has been more-than-doubled from Rs 3.04 on April 1, as compared to a 13.4 per cent rise in the S&P BSE Sensex during the same period.

Vodafone-Idea share price jumps 15%, Google mulls 5% stake buy in cash-strapped telco

Struggling telecommunications firm Vodafone-Idea saw its share price jump 15% in the initial few minutes of trade on Friday as investors reacted to the news of internet giant Google considering a 5% equity stake buy in the company.

Vodafone Idea shares up by 30% amid reports of Google investment

Vodafone Idea dismisses report of Google buying stake

"Currently, there is no proposal as reported by the media that is being considered at the Board," Vodafone Idea said

Vodafone Idea share price zooms 35% on report Google eyeing stake in telco

Share price of Vodafone Idea gained 35% to Rs 7.85 compared to the previous close of Rs 5.82 on BSE

Google could pick up stake in Vodafone Idea

A report in the Financial Times says Alphabet, Google’s parent company, is looking to buy 5 per cent stake in Vodafone's India business.

Vodafone Idea share price dips 20% from day's high after co clarifies on stake sale

Any such investment will provide a breather for Vodafone Idea which has been reeling under increasing financial stress.

Google mulls Vodafone Idea stake acquisition - report

Google plans to invest in Indian operator Vodafone India. The US giant seeks to acquire a 5 percent stake in Vodafone Idea, Financial Times reports, citing unnamed sources familiar with the matter. No financial details related to the planned transaction have been disclosed. 

UK challenger bank Starling Bank raises €44.3 million to support small businesses

Today UK challenger bank Starling Bank has raised approximately €44.3 million in a funding round led by JTC and Merian Chrysalis Investment Company Limited. The investment follows an approximate €66.5 million investment in February 2020, bringing the total raised by Starling in 2020 to around €110 m

Starling Bank boosts its support for small and medium-sized businesses

Starling Bank is continuing to beef up its B2B banking and payments services following a fresh round of investment.

Starling Bank lands £40m from existing backers

Starling Bank has raised an additional £40 million in funding from existing backers, adding to its £60 million raise in February, TechCrunch reports.

Starling Bank raises £40 million as SME banking business picks up

Starling bank has raised a further £40 million from existing investors JTC and Merian Chrysalis Investment Company, bringing the total raised this year to £100 million.

Starling Bank Scores Another £40 Million from Existing Investors

Starling Bank, a UK-based challenger bank, has raised £40 million (around $49.2 million) in the latest funding round from its existing investors.

Starling Bank raises £40m as it lends to virus-hit small businesses

Starling Bank has raised £40 million from investors as small businesses turn to lenders for support during the coronavirus crisis.

Starling Bank Raises £40 Million From Existing Investors, Total Raised for the Year Stands at £100 Million

Digital bank Starling bank has raised £40 million from existing investors according to a note from the Fintech. Starling said the funding was led by JTC and M

Starling Scores $49 million From Its Investors

Starling, a United Kingdom-based digital bank, has raised $49 million in a funding round led by its investors Merian Chrysalis Investment Co. and Harald McPike.

Challenger bank Starling raises additional £40m

Fintech led by former AIB chief operating officer, has now raised £363m to date

Syros Pharmaceuticals (SYRS) Investor Presentation - Slideshow

The following slide deck was published by Syros Pharmaceuticals, Inc. in conjunction with this event.

Littelfuse (LFUS) Investor Presentation - Slideshow

The following slide deck was published by Littelfuse, Inc. in conjunction with this event.

BridgeBio Pharma (BBIO) Investor Presentation - Slideshow

The following slide deck was published by BridgeBio Pharma, Inc. in conjunction with this event.

Mirati Therapeutics (MRTX) Investor Presentation - Slideshow

The following slide deck was published by Mirati Therapeutics, Inc. in conjunction with this event.

Trillium Therapeutics (TRIL) Investor Presentation - Slideshow

The following slide deck was published by Trillium Therapeutics Inc. in conjunction with this event.

Pluristem Therapeutics (PSTI) Investor Presentation - Slideshow

The following slide deck was published by Pluristem Therapeutics Inc. in conjunction with this event.

Enthusiast Gaming (ENGMF) Investor Presentation - Slideshow

The following slide deck was published by Enthusiast Gaming Holdings Inc in conjunction with this event.

Spring Bank Pharmaceuticals (SBPH) Investor Presentation - Slideshow

The following slide deck was published by Spring Bank Pharmaceuticals, Inc. in conjunction with this event.

Westport Fuel Systems (WPRT) Investor Presentation - Slideshow

The following slide deck was published by Westport Fuel Systems Inc. in conjunction with this event.

Debate over $600 in jobless aid to intensify as claims rise

The $600 in federal benefits was added as a way to replace all of an average worker’s lost income.

Millions relying on pandemic aid can see its end, and they’re scared

For millions of Americans left out of work by the coronavirus pandemic, government assistance has been a lifeline preventing a plunge into poverty, hunger and financial ruin.

Debate over $600 in jobless aid to intensify as claims rise

The money, included in a government relief package enacted in March, is set to expire July 31.

Debate over extending $600 in jobless aid in United States

 A debate in Congress over whether to extend USD 600 a week in federally provided benefits to the unemployed looks sure to intensify with the number of people receiving the aid now topping 30 million

Debate over $600 in jobless aid to intensify as claims rise

WASHINGTON (AP) — A debate in Congress over whether to extend $600 a week in federally provided benefits to the unemployed looks sure to intensify with the number of people receiving the aid now topping 30 million — one in five workers.The money, included in a government relief package enacted in March, is set to expire July 31. Yet with the unemployment rate widely expected to still be in the mid-teens by then, members of both parties will face pressure to compromise on some form of renewed benefits for the jobless.Democrats have proposed keeping the $600-a-week payments through January in a $3 trillion relief package that the House approved this month along party lines. Senate Republicans oppose that measure.

Debate over $600 in jobless aid to intensify as claims rise | Honolulu Star-Advertiser

WASHINGTON >> A debate in Congress over whether to extend $600 a week in federally provided benefits to the unemployed looks sure to intensify with the number of people receiving the aid now topping 30 million — one in five workers.

Debate over $600 in jobless aid to intensify as claims rise

The money, included in a government relief package enacted in March, is set to expire July 31.

Debate over USD 600 in jobless aid to intensify as claims rise

A debate in Congress over whether to extend USD 600 a week in federally provided benefits to the unemployed looks sure to intensify with the number of people receiving the aid now topping 30 million one in five workers.

Madras High Court Issues Notices To Franklin Templeton, SEBI: Investors Group

Chennai Financial Markets and Accountability group is also launching an online petition to bring together all affected investors.

Sebi seeks time to file counter in High Court on PIL against Franklin MF

The PIL had been filed by an investor protection society in response to the abrupt winding up six debt schemes worth Rs 28,000 crore of assets under management by the fund house

Madras High Court issues notices to Franklin Templeton MF, Sebi

Last month, Franklin Templeton had closed six debt funds.

Franklin Templeton’s legal troubles rise as Madras HC issues notice

The court sought a status report from Sebi on the refund process.The matter would be next heard on 26 June

Madras High Court issues notices to Franklin Templeton Mutual Fund, SEBI: Investors group

Notices have been issued to crisis-hit Franklin Templeton Mutual Fund and Sebi by the Madras High Court after a petition was filed by an investors group to safeguard nearly Rs 28,000 crore of investors' money stuck in six schemes shut down by the fund house, according to a statement

Madras high court issues notices to Franklin Templeton MF, Sebi: Investors Group

India Business News: Notices have been issued to crisis-hit Franklin Templeton Mutual Fund and Sebi by the Madras High Court after a petition was filed by an investors gro

Madras High Court issues notices to Franklin Templeton MF, Sebi: Investors Group

It further said mutual funds and the fund managers should be made to answer questions on their choice of investment, and compliance with regulatory and prudential norms, among others.

Madras High Court slaps notices to Franklin Templeton MF, Sebi, says Investors Group

IDC: Apple still dominates the wearable market with 21.2 million units shipped in Q1 2020

Apple continues to lead the market for wearable products, according to the latest IDC report. The company shipped 21.2 million units of these products in the first quarter of 2020, which represents 29.3% of the total share. Compared to the first quarter of 2019, the company grew by 13.3 million units, or 23.7% of market […]

Wearable device shipments increased nearly 30 percent YoY in Q1

Notably, IDC said growth was disproportionately spread across various form factors of wearables. The earwear category grew an impressive 68.3 percent and accounted for 54.9 percent of the entire wearables market. Fitness trackers, meanwhile, grew by 16.2 percent during the same period.

IDC: Hearables market on the rise, but smartwatch sales have declined in Q1 2020

Global shipments for wearables went up by 29.7% YoY with 72.6 million units shipped.

IDC: Hearables market sees growth, but smartwatch sales decline in Q1 2020

The first quarter of 2020 had the wearables market see a significant growth despite the ongoing Coronavirus pandemic. According to an IDC report, the hearables market has seen impressive growth during this time of crisis, while smartwatches and fitness trackers have seen a decline in sales. The hearables category includes all the headphones, earphones earbuds, …

Tablet sales plummet despite remote working rise

While remote working and education are on the rise, market for tablet PCs continues to shrink.

Apple tops wearables Q1 growth, but wristbands, hearables lead the segment

The International Data Corporation (IDC) report says smartwatches and basic ones registered a decline in growth, which was offset by wristbands and hearables.

Huawei edges ahead of Apple’s iPad in the falling Chinese tablet market

The Chinese tablet market has been seeing a decline overall during the first quarter of 2020. But despite the slump in the market, the Chinese vendor, Huawei has managed to edge ahead of Apple’s iPad in the same segment. Earlier this year, the Coronavirus pandemic had initially broken out in China. This caused various complications …

If we must have a pay freeze, spare front-line jobs dominated by underpaid women

Any halt to pubic sector pay rises in NSW needs to be short-lived, and the way to recovery must account for the glaring gender pay gap.

Wage cuts, even symbolic ones, aren't going to help anybody

An economic recovery needs to be built on the back of real jobs and real economic activity, not on cheap political wins from wage cuts and freezes.

If we must have a pay freeze, spare front-line jobs dominated by underpaid women

Any halt to pubic sector pay rises in NSW needs to be short-lived, and the way to recovery must account for the glaring gender pay gap.

If we must have a pay freeze, spare front-line jobs dominated by underpaid women

Any halt to pubic sector pay rises in NSW needs to be short-lived, and the way to recovery must account for the glaring gender pay gap.

Wage cuts, even symbolic ones, aren't going to help anybody

An economic recovery needs to be built on the back of real jobs and real economic activity, not on cheap political wins from wage cuts and freezes.

Universal super transcends pandemic

New Zealanders are braced for months, perhaps years, of changes in the way they and their Government spend their money. The coronavirus pandemic...

The Guardian view on wage subsidies: unemployment costs too

Editorial: Almost a third of the UK workforce are now reliant on government support for their income. If it is withdrawn while the economy is hibernating then joblessness will rise

Support for arts and music sector recovery - Government

A jobseekers programme for the creative sector and four new funds have been set up by the Government to help our arts and music industry recover from the blow of COVID-19.

Support For Arts And Music Sector Recovery

A jobseekers programme for the creative sector and four new funds have been set up by the Government to help our arts and music industry recover from the blow of COVID-19.

Support for arts and music sector recovery - Ardern, Sepuloni, Robertson

A jobseekers programme for the creative sector and four new funds have been set up by the Government to help our arts and music industry recover from the blow of COVID-19.

'Green Party welcomes crucial financial support for creatives'

The Green Party says new government support for creatives and artists is a vital lifeline for a sector struggling to survive the COVID crisis.

Govt announces package to boost arts sector

The government has announced a $175 million package to boost the arts and creative sector in the wake of Covid-19. This story was first published...

Green Party Welcomes Crucial Financial Support For Creatives

The Green Party says new government support for creatives and artists is a vital lifeline for a sector struggling to survive the COVID crisis.

Govt announces package to boost arts sector

The government has announced a $175 million package to boost the arts and creative sector in the wake of Covid-19. This story was first published...

UN delays crucial climate summit for a year

The coronavirus pandemic has prompted the United Nations to delay until late 2021 a crucial climate summit.

UN Delays Climate Summit, Cites Pandemic

The coronavirus pandemic has prompted the United Nations to delay until late 2021 a crucial climate summit that had been scheduled for Britain this year, officials said on Thursday.

U.N. delays crucial climate summit for a year, cites pandemic

May 28 (Reuters) - The coronavirus pandemic has prompted the United Nations to delay until late 2021 a crucial climate summit that had been scheduled for Britain this year, officials said on Thursday.

UN Delays Climate Summit, Cites Pandemic

The coronavirus pandemic has prompted the United Nations to delay until late 2021 a crucial climate summit that had been scheduled for Britain this year, officials said on Thursday.

COP26 postponed till November 2021, will take place in Glasgow, Scotland says UN

Governments urged to boost renewable energy, conservation and other green measures as economies recover.

UN delays crucial climate summit for a year, cites pandemic

This year’s meeting, known as the COP26 summit, had been billed as the most important climate change summit since the 2015 talks that produced the Paris Agreement.

UN delays crucial climate summit for a year, cites pandemic

The coronavirus pandemic has prompted the United Nations to delay until late 2021 a crucial climate summit that had been scheduled for Britain this year, officials said on Thursday.

UK plans new 5G club of 10 democracies, including India, says report

The group will aim to create alternative suppliers of 5G equipment and other technologies to avoid relying on China

UK plans new 5G club of 10 democracies, including India: Report

The British government has approached the US with the prospect of creating a 5G club of 10 democracies, including India, amid growing security concerns related to Chinese telecom giant Huawei,

UK pushes alliance to ditch Huawei tech

The UK government is looking at ways to reduce its reliance on Chinese technology, floating ...

UK plans new 5G club of 10 democracies, including India: Report

A so-called 'D10' club of democratic partners, including G7 countries – UK, US, Italy, Germany, France, Japan and Canada – plus Australia, South Korea and India will aim to create alternative suppliers of 5G equipment and other technologies to avoid relying on China

UK plans new 5G club of 10 countries, including India, to reduce reliance on China, says report

The British government has approached the US with the prospect of creating a 5G club of 10 democracies, including India, amid growing security concerns related to Chinese telecom giant Huawei, according to a UK media report.

UK plans new 5G club of 10 democracies, including India: Report

The move to speed up such a club comes as the UK launched an inquiry into Huawei's involvement in the country's mobile network upgrade in the wake of US sanctions against the company.

UK plans new 5G club of 10 democracies, including India: Report

The move to speed up such a club comes as the UK launched an inquiry into Huawei's involvement in the country's mobile network upgrade in the wake of US sanctions against the company.

Rising US job losses stir fears of lasting economic damage

WASHINGTON — The coronavirus crisis threw at least 2.

US layoffs climb to 41 million, despite business reopenings

An estimated 2.1 million Americans applied for unemployment benefits last week despite the gradual reopening of businesses around the country

Rising US job losses stir fears of lasting economic damage

WASHINGTON — The coronavirus crisis threw at least 2.

Rising US job losses stoke fears of lasting economic damage amid pandemic

The numbers are extraordinarily high by historical standards, economists have warned.

US layoffs climb to 41 million despite businesses reopening

WASHINGTON, DC, United States (AP) — An estimated 2.1 million Americans applied for...

Rising US job losses stir fears of lasting economic damage

WASHINGTON (AP) — The coronavirus crisis threw at least 2.1 million Americans out of work last week despite the gradual reopening of businesses around the country, stoking fears Thursday that the scourge is doing deep and potentially long-lasting damage to the U.S. economy.Despite a few glimmers of hope, most of the latest economic news from around the globe was likewise grim, as some of the world's most populous countries reported rising infections and deaths. The confirmed U.S. death toll has surpassed 100,000, the highest in the world.The latest job-loss figures from the U.S. Labor Department bring to 41 million the running total of Americans who have filed for unemployment benefits since the coronavirus shutdowns took

Travel disruptions, cost cutting key issues for U.S. business in China: report

Travel disruptions, cost cutting key issues for U.S. business in China: report

Travel disruptions, cost cutting key issues for US business in China: report

Global travel disruptions are the top concern for American businesses in China, of which many are cutting compensation and bonuses amid the ...

Travel disruptions, cost cutting key issues for U.S. business in China

Ninety percent of the 100 or so respondents said they were affected by such disruptions, up from 77% last month, according to a monthly survey on the impact of COVID-19 by the American Chamber of Commerce in China, released Friday.

Travel disruptions, cost cutting key issues for US business in China, says report

BEIJING, May 29 ― Global travel disruptions are the top concern for American businesses in China, of which many are cutting compensation and bonuses amid the fallout of the Covid-19 epidemic, according to a report from a business group. Ninety per cent of the 100 or so respondents said they were...

Travel disruptions, cost cutting key issues for U.S. business in China: report

BEIJING (Reuters) - Global travel disruptions are the top concern for American businesses in China, of which many are cutting compensation and bonuses amid the fallout of the COVID-19 epidemic, according to a report from a business group.

Travel disruptions, cost-cutting key issues for US business in China: Report

Global travel disruptions are the top concern for American businesses in China, of which many are cutting compensation and bonuses amid the ...

Biggest technology acquisitions 2020

We round up the biggest technology industry mergers and acquisitions of the year so far

HCL's acquires Cisco's SON tech for $49 million; to boost 5G tech deployment

The acquisition, which comprises of products and services built on Ciscos SON technology, will help HCL cater to customers in the telecommunications industry as SON has become a major component in the move towards 5G networks, including tier-one communications service providers globally.

HCL Technologies to buy Cisco's Self-Optimizing Network technology

Unlike its rivals, HCL Tech has bet big on selling products and platforms. As part of this strategy, it bought some IBM products for nearly $2 billion in 2018

Datalogic Makes Investment in AWM Smart Shelf

The deal positions Datalogic for growth into new technology areas.

Ugandan "Technology Associates" wins prestigious award from Oracle – Techjaja

Technology Associates, the company which has been at the helm of .... award at the just concluded Oracle Partner Executive Forum in Dubai.

Goldfinch acquires 80% of Vesta for $125 million

Venture capital firm Goldfinch Partners has spent $125 million to acquire an 80% stake in fraud protection and e-commerce payments outfit Vesta.

Vodafone Idea Denies Reports Of Likely Stake Sale Talks With Google

On Friday, Vodafone Idea shares rose 12.71% to Rs 6.56 apiece on the BSE on reports of a likely stake sale deal with Google.

No proposal before board now, says Voda Idea on Google picking stake in co

The clarification to the BSE by Vodafone Idea comes a day after reports that Alphabet Inc's Google is eyeing about 5% stake in the telecom company.

Vodafone Idea issues clarification on reports of Google picking stake in company

Reacting to the reports of tech giant Google eyeing a 5 per cent stake in the company, Vodafone Idea on Friday clarified that there is no proposal before

Vodafone Idea: No proposal before Board on stake sale to Google, but evaluating various opportunities

The Financial Times had reported that Google was exploring to buy a 5% stake in Vodafone Idea.

Vodafone Idea shares zoom on Google stake buy reports

Telecom giant denies any such plans

Vodafone Idea not considering any proposal from Google

On May 28, it was reported that Google was looking to enter India's telecom market via a 5 percent stake purchase in Vodafone Idea.

Modi’s hydroxychloroquine support to US brings first installment of mega US-India trade deal closer

India and the US could strike a smaller trade deal in the coming weeks as hydroxychloroquine supply to the US has given the two countries enough confidence.

India, US could strike a 'smaller' trade deal in the coming weeks: Indian envoy

Addressing the virtual West Coast Summit of US-India Strategic Partnership Forum (USISPF), Sandhu said that India's supply of antimalarial drug hydroxychloroquine (HCQ) to the US has given the two countries enough confidence and have played an important foundation.

India, US could strike a 'smaller' trade deal in the coming weeks: Indian envoy

India and the US could strike a “smaller” trade deal in the coming weeks, India's ambassador Taranjit Singh Sandhu has said while acknowledging that the unprecedented challenges posed by the COVID-19

India, US could strike a 'smaller' trade deal in the coming weeks: Indian envoy

The two countries have been negotiating a trade package to iron out issues and boost two-way commerce.

India, US could strike a ‘smaller’ trade deal in the coming weeks: Indian envoy

According to India's ambassador Taranjit Singh Sandhu, India and the US could strike a smaller trade deal in the coming weeks

India, US could strike a 'smaller' trade deal in coming weeks: Indian envoy

The two countries have been negotiating a trade package to iron out certain issues and further boost two-way commerce

With 'Main Street' in view, Fed weighs risks of job, productivity shocks

With 'Main Street' in view, Fed weighs risks of job, productivity shocks

With 'Main Street' in view, Fed weighs risks of job, productivity shocks

U.S. Federal Reserve officials have talked broadly about helping households and firms through the current economic crisis and quickly unleashed ...

With 'Main Street' in view, Fed weighs risks of job, productivity shocks

WASHINGTON (Reuters) - U.S. Federal Reserve officials have talked broadly about helping households and firms through the current economic crisis and quickly unleashed trillions of dollars in cash and credit guarantees to build a “bridge” to the post-pandemic world.

The Limits of Extreme COVID Monetary Policy

By Paola Subacchi LONDON – With output having collapsed as a result of the COVID-19 pandemic, many are wondering how far monetary policy can be stretched to support the economy. For the US Federal Reserve, negative interest rates appear to represent an effective limit, not because such a policy is technically unfeasible, but because it would be politically unacceptable. Yet for the European Central Bank, the Bank of England, and the Bank of Japan, there appears to be no limit. The ECB has long since cut rates into negative territory, and BOE Governor Andrew Bailey is reportedly “looking very carefully” at that option for the United Kingdom. Likewise, BOJ Governor Haruhiko Kuroda, while deeming the BOJ’s current policy mix appropriate for current conditions, has not ruled out further monetary easing or another increase in asset purchases. The question is whether it makes sense to go further down the road of extreme monetary policy. Former ECB President Mario Draghi’s famous promise to do “whatever it takes” to…

Powell: Fed to soon begin 'challenging' Main Street lending

Federal Reserve Chair Jerome Powell acknowledged Friday that the Fed faces a major challenge with the launch in the coming days of a program that will lend to companies other than banks for the first time since the Great Depression. The Fed's Main Street Lending is geared toward medium-sized companies

Mthuli Ncube in catch-22 situation

THE provision of subsidies to small-scale gold miners in defiance of advice from the International Monetary Fund (IMF) has left the government in a quandary ami...

FDI inflows from Caymans triple

FDI inflows from Singapore fell to $14.7 bn in FY20 from $16.2 bn in the previous year, but held on to its No.1 ranking

Singapore top source of FDI in FY20 with investments worth $14.67 billion

In the last financial year, India attracted USD 14.67 billion in FDI from Singapore, whereas it was USD 8.24 billion from Mauritius, according to the data of the Department for Promotion of Industry and Internal Trade (DPIIT).

Singapore top FDI source for India in FY20 with $14.67 bn in investments

In the past two financial years, FDI from Singapore has surpassed that from Mauritius

Singapore top source of FDI in FY20 with investments worth $14.67 billion

According to experts, Singapore has been able to outpace Mauritius with its ease of doing business policies, simplified tax regime and a large number of private investors.

FDI inflows from Cayman Islands into India triples in FY20

The Cayman Islands, which is close to Cuba and was ranked in the study as the most prominent centre for financial secrecy, hosts more than 100,000 companies, a number that outstrips the local population

FDI into India increased 18 per cent to $73 billion in 2019-20

This will spur job creation, says Union Minister Piyush Goyal

Renault to cut 15,000 jobs, save RM9.7 billion by 2024

Lots of movement in the Renault-Nissan-Mitsubishi Alliance lately, what with the reveal of a new business strategy and Nissan both posting severe losses

Nissan unveils four-year transformation plan – to cut production by 20%, reduce model range, focus on EVs

Nissan, which yesterday announced a net loss of 671 billion yen (RM27.1 billion) for the year that ended in March, has revealed a four-year restructuring

Nissan will focus on Japan, China and North America, to discontinue production in Indonesia and Spain

Datsun brand will be withdrawing its operations from Russia

Nissan tight-lipped about strategy for Africa as it ‘transforms’

After announcing R3bn investment in its Rosslyn plant for the new Navara pickup last year.

Renault To Cut Nearly 15,000 Jobs, Alpine A110 Future In Doubt

Renault's plan is to save in excess of €2 billion over three years. It involves reconverting the Dieppe plant at the end of the Alpine A110's production.

14,600 job cuts announced by Renault around the world, plans to save 2 billion euros

Renault has also announced a suspension of planned capacity increase projects in Morocco and Romania as well as further optimize its operations in Russia.

Give us too the benefit of credit guarantee scheme: urban co-op banks to FM

UCBs are financially sound and are a key funding source for MSMEs, says petition

Banks free to do due diligence on guaranteed MSME loans

Banks and shadow lenders have been given the flexibility to do their own due diligence and restrict advances below the stipulated limit on sound business principles.

‘Provide one-time restructuring of NBFC loans’

Non-banking finance companies have asked Finance Minister Nirmala Sitharaman to amend the special liquidity scheme to cover a tenure of up to three years and also cover term loans taken from banks and

State to take up NBFCs’ demand with Centre

Lukewarm response from banks to invest in bonds

Urban co-operative banks seek guarantee cover for their MSME borrowers

UCBs' outstanding loans to MSMEs amount to Rs 82,000 crore

Monsoon to hit Kerala on June 1: IMD issues orange alert for Kerala's Idukki district

After IMD revises forecast, southwest monsoon to hit Kerala on June 1

Most of the districts in Kerala have been getting rains with thunderstorm and gusty winds for the last few days.

Monsoon onset over Kerala likely on June 1: IMD

Monsoon onset over Kerala likely on June 1: IMD New Delhi:  The southwest monsoon is likely to hit Kerala on June 1, thanks to a cyclonic circulation over the Bay of Bengal, the India Meteorological Department said on Thursday.The IMD, in its onset date forecast on May 15, had said the monsoon is likely to […]

IMD revises forecast, southwest monsoon to hit Kerala on June 1

Most of the districts in Kerala have been getting rains with thunderstorm and gusty winds for the last few days.

Monsoon expected to hit Kerala by June 1, predicts weather department

In its forecast earlier this month, the India Meteorological Department had put the likely arrival date on June 5, four days later than usual.

Petrol and diesel to be costlier

JAMMU, May 29: Government today increased the rate of tax on sale of petrol and diesel in J&K by Rs. 2 per litre and Rs 1 per litre respectively. The new rates will be effective from June 1, 2020. The tax increase on petrol and diesel in J&K follows a similar move by the neighbouring states of Punjab, Haryana and Delhi last month. Himachal Pradesh has also enhanced rates on the sale of diesel and petrol effective from 1st June 2020. A notification issued by FC Finance Department in this regard reads “In exercise of the powers conferred by Section 3 and 3 A of the Jammu and Kashmir Motor Spirit and Diesel Oil (Taxation of Sale) Act Samvat 2005 and in supersession of all the previous notifications on the subject, the Government hereby direct that tax and surcharge on sale of Motor Spirit (Petrol) and Diesel Oil shall be levied at the rate of 24% minus Rs 0.50/ litre and Rs 5 per Litre surcharge (Motor Spirit-Petrol) and 16% rate of Tax and Surcharge of Rs. 1.5 per litre (Diesel Oil), respectively.

Petrol and diesel to be costlier by Rs. 2 per litre and Rs. 1 per litre in J&K

Government today increased the rate of tax on sale of petrol and diesel in J&K by Rs. 2 per litre and Rs 1 per litre respectively. The new rates will

Petrol and diesel to be costlier by Rs.2 per litre and Rs.1 per litre in JK

The Rising Kashmir provides the most comprehensive coverage news, breaking news,videos, information on Kashmir, politics, cricket and more.

Petrol price up by Rs.2, Diesel by Re. 1 from Jun 01

Petrol price up by Rs.2, Diesel by Re. 1 from Jun 01 JAMMU, MAY 28- Government today increased the rate of tax on sale of petrol and diesel in J&K by Rs. 2 per litre and Rs 1 per litre respectively. The new rates will be effective from Ist June 2020. The tax increase on […]

Petrol, Diesel To Get Costlier From Jun 01

The petrol as well as the diesel is set to become costlier in Jammu and Kashmir as the government on Friday announced new tax

Inside South Africa’s plan to regulate cryptocurrencies

The Interdepartmental Fintech Working Group has just released a draft of its policy position paper on crypto assets. Proposals aim to severely limit anonymous transactions in online.

SA’s plan to regulate cryptocurrency

Proposals aim to severely limit anonymous transactions in cyberspace.

Libertex Parent Pays €160,000 to Settle Violations with CySEC

The Cyprus Securities and Exchange Commission (CySEC) has just announced that it has reached a settlement with Indication Investments Ltd, fining the firm €160,000.

Breaking: SC of The Bahamas to Implement Massive Regulatory Changes

The Securities Commission of The Bahamas is set to implement a range of new regulations, including leverage restrictions and banning binary options.

North American Fintech Firms have Better Access to Regulatory Sandboxes because of United-States-Mexico-Canada Free Trade Agreement: Report

More than $30 billion worth of transactions a year are carried out via the US-Mexico remittance corridor, which is notably one of the world’s largest cross-bo

SC issues notice to Tata Sons on cross-appeal of Mistry group firm against NCLAT order

A bench of Justices A S Bopanna and Hrishikesh Roy in Friday's proceedings, held through video-conferencing, also issued notice on the cross-appeal of Cyrus Investment Pvt Ltd and tagged the plea with that of TSPL.

SC issues notice to Tata Sons on cross-appeal of Mistry group firm against NCLAT order

The top court had on January 10 granted relief to Tata group by staying the National Company Law Appellate Tribunal (NCLAT) order of December 18 last year, by which Mistry was restored as the executive chairman of the salt-to-software conglomerate.

SC issues notice to Tata Sons on cross-appeal of Mistry group firm against NCLAT order

The top court had on January 10 granted relief to Tata group by staying the National Company Law Appellate Tribunal (NCLAT) order of December 18 last year, by which Mistry was restored as the executive chairman of the salt-to-software conglomerate.

Tata vs Mistry: SC to hear Cyrus Mistry’s plea for Tata Sons board seat

Mistry wants the SP group firms - Cyrus Investment Pvt Ltd and Sterling Investment Corporation - should be given proportionate representation on the Tata Sons board and all its committees, which allegedly was denied to his family group.

Apex court to hear Mistry’s plea for seat on Tata Sons board

The Supreme Court on Friday agreed to hear ousted Tata Group Chairman Cyrus Mistry’s petition seeking a “proportionate” representation for Shapoorji Pallonji Group (SP Group) on Tata Sons board.The SP

When will shops in malls open? Commerce Ministry clarifies after Piyush Goyal meets traders

Issues of retail traders were discussed in a meeting between Commerce and Industry Minister Piyush Goyal on Thursday with representatives of traders associations through video conferencing.

Decision to open shops in malls soon after taking into account health ministry's guidelines

Issues of retail traders were discussed in a meeting between Commerce and Industry Minister Piyush Goyal on Thursday with representatives of traders associations through video conferencing.

Decision to open shops in malls soon after taking into account health ministry's guidelines

"The decision to open the remaining shops in the malls, will be taken soon, after taking into account the guidelines of the health ministry," the ministry said in a statement.​

Centre will soon decide on opening shops in malls: Goyal

‘MSME schemes, including credit guarantee programme, covers traders also’

No need to feel threatened by e-commerce firms: Goyal tells traders

Lockdown 5.0: Union Commerce Minister also stated the Aatmanirbhar Bharat package that provided credit guarantee worth Rs 3 lakh crore for MSMEs also included traders

Sun Pharma To Test Pancreatitis Drug In COVID-19 Patients

The company joins other drugmakers Glenmark and Strides Pharma Science that are conducting trials in India for potential drugs for COVID-19.

Sun Pharma to test pancreatitis drug in COVID-19 patients in India

BENGALURU (Reuters) - Drugmaker Sun Pharmaceutical Industries Ltd said on Friday it has received Indian regulatory approval to start clinical trials of a pancreatitis drug in COVID-19 patients.

Sun Pharma to test pancreatitis drug in COVID-19 patients in India

Sun Pharma said the pancreatitis drug, nafamostat mesilate, has been "identified as a potential candidate for COVID-19 patients by scientists at University of Tokyo and Leibniz Institute for Primate Research, Germany".

Sun Pharma to test pancreatitis drug in Covid-19 patients in India

Sun Pharma it has initiated manufacturing of the active pharmaceutical ingredient and the finished product of the drug using technology from its unit, Pola Pharma Japan.

Coronavirus: Sun Pharma to test pancreatitis drug in COVID-19 patients in India

Sun Pharma said the pancreatitis drug, nafamostat mesilate, has been identified as a potential candidate for COVID-19 patients by scientists at University of Tokyo and Leibniz Institute for Primate Research, Germany

Elon Musk gets a $770 million award as Tesla hits goals

He can't sell the shares yet, though.

Elon Musk just earned $780 million from Tesla — but there’s a catch

The monstrous compensation package for Tesla CEO Elon Musk is considered the largest of its kind in history, and it's starting to pay out.

Elon Musk just cleared the first of 12 levels that end in a $55 billion payday. Here's how his elaborate Tesla compensation plan works.

Musk's compensation agreement with Tesla includes 12 "tranches" of stock options that become available only after certain goals are hit.

Elon Musk Awarded $800 Million For Doing His Job

Elon Musk has taken Tesla, the world's largest electric vehicle manufacturer, for a wild ride in the last c...

Elon Musk earns performance-based Tesla payout worth $775M

Elon Musk is officially in the money. The Tesla CEO on Thursday became eligible to cash in on a controversial payday which could see him pocket more than $700 million. The electric automaker said in a

Coffee maker JDE Peet's shares pop 15% after $17 billion virtual IPO

AMSTERDAM (Reuters) - Shares in coffee maker JDE Peet’s surged 15% in their stock market debut on Friday as investors jumped on the only big European IPO launched during the coronavirus crisis.

Peet’s Coffee IPO Raises $2.5 Billion 

Peet’s Coffee IPO Raises $2.5 Billion 

Peet's Coffee raises $2.5 billion in an IPO despite the coronavirus pandemic

Peet's Coffee raised $2.5 billion in its initial public offering, one of the largest this year despite the coronavirus pandemic.  The company an...

Douwe Egberts' parent valued at €15.6 billion in Amsterdam IPO

Coffee maker JDE Peet's, parent company of Douwe Egberts among others, made its stock debut on Amsterdam's AEX on Friday, one of only a handful of IPOs launched in the coronavirus crisis. Shares

European coffee giant brews a strong IPO

JDE Peet's shows that coffee is a good mix to have in a virus-struck marketplace

Explainer: How important is Hong Kong to China as a free finance hub?

HONG KONG (Reuters) - Bankers and investors fear China’s push to impose national security laws on Hong Kong threaten the city’s future as an international financial centre. If it gets to that stage, Beijing’s move will come at a cost for China’s economy.

How important is Hong Kong to China as a free finance hub?

While China has reformed its markets over the years, over 60% of foreign direct investment (FDI) into and out of China continued to be channeled through Hong Kong as of 2018, according to Morgan Stanley.

Explainer: How important is Hong Kong to China as a free finance hub?

Hong Kong is one of the world's most open economies and one of the biggest channels for equity and debt financing

How important is Hong Kong to China as a free finance hub?

China still has extensive capital controls and often intervenes in its financial markets and banking system. Hong Kong is one of the world's most open economies and one of the biggest channels for equity and debt financing.

Explainer: How important is Hong Kong to China as a free finance hub?

Explainer: How important is Hong Kong to China as a free finance hub?

The HP example: How to do collaboration and remote work right

Companies that figure out how to carry on successfully with a distributed workforce can emerge from the ongoing pandemic stronger than before. HP offers lessons on how to do that.

Remote working could change how, and where, we earn a living

Covid-19 has given rise to a new era of remote working, potentially opening up more income, and regions, to New Zealand’s freelance economy.  For many of us, the only obstacle that ever stood in the way of a prosperous life in Dunedin was its tiny job market. Now, thanks to Covid-19 and the funda

Australian Small Business and Family Enterprise Ombudsman Kate Carnell answers your questions

Small businesses are hurting, but stepping up to play their part in the nations post-COVID recovery. Australian Small Business and Family Enterprise Ombudsman Kate Carnell was online today to answer readers questions.  

Crafting What Going Back To Work Will Look Like: The Nuanced Decisions All Leaders Need To Consider

The role of a leader, at this time, isn’t a straight-forward job. It’s filled with difficult decisions set in a world of nuance and shades of gray. There are some critical actions all leaders need to consider for their workforce to return to the workplace.

GRAINS-Corn, soybeans slide on U.S.-China tensions

* Corn dips after four-day climb, Midwest weather risks for wheat* Soybeans curbed by U.S.-China tensions after two-week high (Updates closing prices)By Christopher WalljasperCHICAGO, May 29 (Reuters) - U.S. corn and soybean futures fell on Friday as escalating U.S.-China tensions over Beijing's proposed restrictions on Hong Kong dampened markets after a week of gains.Three sources told Reuters China may reduce U.S. agricultural imports if Washington issues a severe response to Beijing's push to impose national security laws on Hong Kong.

GRAINS-Corn set for biggest weekly gain in more than 7 months

SYDNEY, May 29 (Reuters) - U.S. corn futures rose for a fifth consecutive session on Friday as concerns about adverse weather impacting crops pushed the grain towards its biggest weekly gain in more than seven months.FUNDAMENTALS* The most active corn futures on the Chicago Board Of Trade were up more than 3% for the week, heading for their biggest weekly gain since October 2019.* Corn was up 0.5% at $3.29 a bushel by 0106 GMT after rallying more than 2% on Thursday, when prices hit their highest since April 23 at $3.30-3/4 a bushel.

GRAINS-Corn extends gains, set for biggest weekly jump in 7 months

* Corn firms for fifth straight session* Wheat poised to finish the week up 1%* Soybeans on course for biggest weekly gain in two monthsBy Colin PackhamSYDNEY, May 29 (Reuters) - U.S. corn futures rose for a fifth consecutive session on Friday as concerns about adverse weather impacting crops and signs of increased demand pushed the grain towards its biggest weekly gain in more than seven months.Wheat was little changed but was on course to finish the week up 1%, while soybeans were poised to record their biggest weekly gain in two months.

GRAINS-Corn, soybeans slide on U.S.-China tensions

* Corn dips after four day climb, Midwest weather risks for wheat* Soybeans curbed by U.S.-China tensions after 2-week high (New throughout, changes byline, previous dateline PARIS/SYDNEY)By Christopher WalljasperCHICAGO, May 29 (Reuters) - U.S. corn and soybean futures fell on Friday as percolating U.S.-China trade tensions over Beijing's proposed restrictions on Hong Kong put a damper on the markets after a week of positive movement, with U.S. President Donald Trump expected to address the situation later on Friday.

Citibank fined Rs 4 crores for non-compliance

The Reserve Bank of India, on Friday, imposed a penalty of Rs 4 crore on Citibank for violation of remuneration norms and non-compliance regarding obtaining the declarations from customers.

RBI Imposes Rs 4 Crore Penalty On Citibank Over Non-Compliance Of Regulations

The action will not affect the bank's customers, RBI clarified

RBI slaps penalty worth crores of rupees on three banks, including one PSU and one cooperative bank

The Reserve Bank of India has slapped a penalty amounting to a total of Rs 6.50 crore on Bank of India, Karnataka Bank, and Saraswat Cooperative Bank.

RBI slaps ₹4 crore fine on Citibank

The Reserve Bank of India (RBI) has slapped ₹4 crore penalty on Citibank for violating several norms.The banking regulator said the penalty was due to contravention of the Banking Regulation Act, 1949

Include Discom liability while fixing states' borrowing, Minister tells finance panel

Include Discom liability while fixing states' borrowing, Minister tells finance panel: In a bid to ensure financial discipline among states, the Power Ministry wants their borrowing limits under FRBM Act .... Get all latest entertainment & viral stories on english.lokmat.com

Power Ministry prepares ₹3 lakh crore scheme for Discom reforms

The Ministry of Power has drawn up plans for a ₹3 lakh crore new scheme to improve the health of power distribution companies (Discoms). The old schemes of the Ministry will be amalgamated into this n