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

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

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

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

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

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

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

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

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.

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.

Decoding the Stock Market: The Vocabulary of Volatility

Here are some of the most important volatility concepts for investors to know.

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 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

‘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.

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

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

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

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

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%.

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

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

Here is what happened in Fridays session.

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.

Belfast International Airport announces voluntary redundancy programme

It is estimated to lose 45 employees out of a total workforce of 195 due to ‘devastating’ impact of the pandemic on air travel.

Belfast International Airport announces voluntary redundancy programme

It is estimated to lose 45 employees out of a total workforce of 195 due to ‘devastating’ impact of the pandemic on air travel.

Belfast International Airport announces voluntary redundancy programme

It is estimated to lose 45 employees out of a total workforce of 195 due to ‘devastating’ impact of the pandemic on air travel.

EasyJet and Carnival poised to exit FTSE 100 as virus hammers travel firms

Avast, Homeserve, Ladbrokes owner GVC and Convatec have been earmarked as the most likely firms to move into the index.

EasyJet and Carnival poised to exit FTSE 100 as virus hammers travel firms

Avast, Homeserve, Ladbrokes owner GVC and Convatec have been earmarked as the most likely firms to move into the index.

EasyJet and Carnival poised to exit FTSE 100 as virus hammers travel firms

Avast, Homeserve, Ladbrokes owner GVC and Convatec have been earmarked as the most likely firms to move into the index.

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.

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.

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.

Lifetime community rating cited for rise in low cover health plan purchases

Research suggests many first time buyers bought cheap plans with limited benefits

Lifetime community rating leads to rise in low cover plan purchases

Research suggests many first-time buyers bought cheap plans with limited benefits

TJ Maxx, Marshalls, HomeGoods expect to reopen end of June

There is more progress on the road to reopening for T.J. Maxx, Marshalls, and HomeGoods.

TJ Maxx, Marshalls, HomeGoods expect to reopen end of June

TJX Companies, the stores' parent company, says it expects most of its stores to open by the end of June.

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 slaps notices to Franklin Templeton MF, Sebi, says Investors Group

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.

Friday’s small-cap stocks to watch

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

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

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.

TikTok maker ByteDance looks to shift power out of China amid rising global tensions

TikTok’s poaching of Disney’s Kevin Mayer to be its CEO was just the most visible part of a broader strategy by its Chinese owner to shift its centre of power away from China at a time of rising global tensions, several people familiar with the plans said.

ByteDance plans to shift its power center from China - Gizchina.com

ByteDance plans to shift its power center from China. The company is actively recruiting top executive and engineers outside China

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.

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.

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.

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

10 things you need to know before the opening bell

This is what traders are talking about.

Road User Charges from 1 July 2020 - NZ Post

The Government has recently announced changes to the Road User Charges (RUC), which will take effect from 1 July 2020. See the Ministry of Transport website for more information.

New Zealand Institute of Architects welcomes changes to building consent process

The Institute of Architects welcomes changes to the Building Act to ease consenting costs for homeowners.

UK’s largest solar farm to be built in Kent despite countryside concerns

Construction work on Cleve Hill solar park is due to begin in 2021, with the site operational by April 2022.

Feds won't mandate refunds

The federal government is not committing to a bailout of the Canadian airlines sector - but is also not planning to require air carriers to refund ticket holders for the flights cancelled during the COVID pandemic as some consumers have requested.

Orban calls EU Commission recovery plan 'absurd'

Hungary's prime minister Viktor Orban on Friday called the EU Commission's €750bn recovery plan "absurd", saying it is based on jointly-guaranteed credit and would help rich member states more. "They want to take out this loan for 30 years, so even our gr...

Epiroc secures contract from Codelco for Chuquicamata mine in Chile

Epiroc has secured a large equipment and service contract from Chilean state-owned copper miner Codelco for use at its Chuquicamata mine in northern Chile.

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

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

Consumer confidence up for first time in five months in Japan

The figure is the second-lowest since April 2004 and lower than the 27.5 posted in January 2009 during the global financial crisis.

Pradhan envisages home delivery of petrol, CNG

“The government has already started mobile dispensers for diesel.”

Trafford Council lends Manchester Airport nearly £13m as part of major loan package

Concerns have previously been expressed about the authority's level of borrowing by its own councillors

P2P Lender Archover to Begin Offering New Secured Lending Again, According to Charlotte Marsh, MD at ArchOver

Charlotte Marsh, managing director at ArchOver, a peer-to-peer (P2P) lending platform supporting SMEs business borrowing, has argued that the COVID-19 outbreak

National Strategy For Careers And Employability Is The enduring Solution Grant Robertson Is Seeking

In announcing the Covid Income Relief Payment this week the Hon. Grant Robertson stated the Government is also considering an “enduring solution” to support New Zealanders experiencing job loss beyond the current crisis. The Career Development Association of New Zealand (CDANZ) welcomes this news but also asks: where is a National Strategy for Careers and Employability that would underpin such an initiative?

Canopy posts $1.3-billion loss on impairment and restructuring charges; shares tumble

Ontario-based Canopy Growth’s net loss attributable to the company widened to $1.30 billion, or $3.72 per share, in the quarter ended March 31, from $379.5 million, or $1.10 per share, a year ago

Iconic luxury department store Harrods to open its first outlet location in a bid to shift excess stock that has built up in its store during the lockdown

Harrods outlet store opens at Westfield shopping center in London in July.

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.

Automatic refill: Driverless prescription delivery is here | ZDNet

Coming off pandemic, health is a growth sector for robots.

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.

Wall Street Breakfast: U.S.-China Tension Ratchets Up

Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha, iTunes, Stitcher and Spotify (click the highlighted

Boyd Gaming: Vegas Locals Market Spurt Will Drive Faster Recovery Than Strip After June 4th Reopening

The Las Vegas locals market has been one of the strengths of Boyd. Demos suggest a quicker revenue recovery than strip properties. Pre-virus growth showed balan

Elastic: Attractive Expansion Around Its Core Competencies

Elastic is leveraging its core competence in IaaS search technology to expand into the fast-growing cloud security and APM markets. It also continues to maintai

Tracking Robert Karr's Joho Capital Portfolio - Q1 2020 Update

Robert Karr's 13F portfolio value decreased from $671M to $386M this quarter. Joho Capital decreased Microsoft, Global Payments, and Floor & Decor Holdings duri

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

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

Booz Allen Hamilton Holding Corporation 2020 Q4 - Results - Earnings Call Presentation

The following slide deck was published by Booz Allen Hamilton Holding Corporation in conjunction with their 2020 Q4 earnings call.

Calm before the storm for Japan suicides as COVID-19 ravages economy

TOKYO: The phones at the Tokyo suicide hotline start ringing as soon as it opens for its once-weekly overnight session. They don't stop until the ...

Davines Group’s President on ‘Being There’ in Moments of Need

Giving voice to hairdressers and beauty operators, Davide Bollati has been instrumental in getting the Italian professional industry running.

Review Of Aoraki/Mount Cook National Park Management Plan To Restart

The Department of Conservation (DOC) and Ngāi Tahu in consultation with the Canterbury Aoraki Conservation Board have agreed to start a new review of the Aoraki/Mount Cook National Park Management Plan.

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...

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.

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.

PruPay Building Text-Based Payments System with PayPal

Payments technology company PruPay has teamed up with Paypal to develop a text-based payments system, allowing merchants to request one-time payments from customers.

Thailand’s cinemas are reopening. But are audiences ready?

Top: A health worker sprays disinfectant inside a cinema of MVP chain Whether major chains perched atop shopping malls, vintage standalone survivors or indie arthouses persisting on passion; one drama is playing in all of Thailand’s theaters:...

SA facing ‘hefty’ petrol price increase in June (plus diesel shortages)…

The Automobile Association says South Africa’s fuel prices are set to climb in June in a “dramatic reversal of April's chaotic fuel market”.

Total shareholders reject motion to boost climate credentials

PARIS (Reuters) - A majority of French oil major Total’s shareholders have rejected a resolution by a group of investors aimed at changing the company’s statutes to do more to meet its obligations under the 2015 Paris climate accord.

Williams says any team sale would be to secure F1 future

LONDON (Reuters) - Williams are prepared to end decades of family control and sell the struggling Formula One team to secure its future after tough times on and off the track, deputy principal Claire Williams said on Friday.

Singapore says Malaysia wants further deferral of joint rail project

SINGAPORE (Reuters) - Singapore said on Friday it was reviewing a request by neighbouring Malaysia to further suspend a high speed rail project set to link the city-state to Malaysia’s capital Kuala Lumpur.

Pakistan drug firm to import potential COVID-19 treatment from Bangladesh

KARACHI, Pakistan (Reuters) - A pharmaceutical company in Pakistan plans to import the antiviral drug remdesivir, which has shown promise in treating coronavirus patients, from neighbouring Bangladesh, it said in a stock exchange filing on Friday.

Norway plans $369 million green industry investments

OSLO (Reuters) - The Norwegian government proposes spending 3.6 billion Norwegian crowns ($369 million) on investments to make its economy greener as it gradually emerges from coronavirus lockdowns, the government said on Friday.

Motor racing: Renault staying in Formula One - interim CEO

PARIS (Reuters) - Renault will stay in Formula One, interim Chief Executive Coltilde Delbos said on Friday after announcing the carmaker’s restructuring measures including plans to cut 15,000 jobs worldwide.

Asia’s pension reforms call for a multi-pillar approach

As life expectancy continues to increase, with people born in developed countries since 1997 now having a 50-50 chance of living beyond 100 years1, pension systems are faced with handling retirements that could last in excess of 40 years.

Iput secures €200m in ‘green finance’ for delivery of new LinkedIn HQ

Funds form part of €300m revolving credit facility agreed with Wells Fargo Bank

Circor: 1Q Earnings Snapshot

BURLINGTON, Mass. (AP) _ Circor International Inc. (CIR) on Friday reported a loss of $78.9 million in its first quarter.

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.

Citi indicator sees 70% chance of market losses from here

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

Cruise ship ban extended, effectively scuttling season in Greater Victoria

The cruise-ship season that was forecast to bring more than three quarters of a million passengers to Victoria’s shores — and an estimated $130 million in economic activity — has . . .

SpiceJet gets DGCA approval to conduct drone trials, plans delivery of essentials in remote areas

A SpiceXpress-led consortium had submitted a proposal to the regulator for conducting experimental Beyond Visual Line of Sight (BVLOS) operations of remotely piloted aircraft in response to a DGCA notice inviting Expression of Interest.

ICYMI: You will now pay stamp duty on ATM printouts, some WhatsApp messages, says FIRS

The Federal Inland Revenue Service (FIRS) says Nigerians will now pay stamp duties on WhatsApp messages acknowledging receipt of funds. 

Mastercard Debuts COVID-Recovery Data Tools For Business, Gov’t

Mastercard is offering its data insight tools to businesses and governmental bodies looking to try and assess how to move out of the pandemic.

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.

Uber Says AB5 Could Cost 158,000 Drivers Their Jobs

If Uber is forced to classify drivers in California as employees, 158,000 will be out of work, the company said. Passengers could see prices rise by 120 percent.

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.

UK Seizing £150 Million From Dormant Accounts Proves Why We Need Bitcoin

Less than a week ago, the Government of the United Kingdom ‘unlocked’ £150 million from dormant accounts to help tackle the coronavirus pandemic. While it

UK’s Project Birch revives age-old problem of ‘picking winners’

State aid policy must stand on its own merits and not be muddled up with Covid-19

SoftBank investment chief given 113% pay rise despite Vision Fund woes

Ex-Deutsche trader Rajeev Misra earns $15m even after historic losses at Japanese tech group

BaFin examines Wirecard chief’s share purchase

Markus Braun’s move falls within pre-results period when managers usually may not trade

Post-Lockdown South Africa: The Virus Took Lives, The Lockdown Took Jobs

The virus took lives, the lockdown took jobs When a virus spreads, it often brings hardship as a plus one. And many South Africans are starting to feel the heat. Despite the continued rise in COVID-19 cases which have now exceeded 27,000 in South Africa, the country’s lockdown measures have been eased gradually since May 1, with the aim of ending strife by getting people back to work. But for many South Africans, there’s no work to get back to — not anymore. Apparently, there has been a flurry of job losses since the lockdown measures kicked in. Many people who were gainfully employed when the country shut down found themselves unemployed after the phased restart.  South Africa first went into a complete nationwide lockdown on March 26 and businesses began to feel the pressure almost immediately. Despite palliatives and fiscal stimulus from the government, many businesses have been unable to avoid the bloodbath that has seen many workers lose their jobs.

WTTC launches Safe Travels protocols for aviation, airports, MICE and tour operators

The welfare of travelers and the millions of people employed throughout the Travel & Tourism sector at the heart of this new comprehensive package of Safe Travels protocols.

G20 Debt Service Suspension Initiative receives 36 applications

Saudi G20 Presidency Policy Lead of the International Financial Architecture Working Group Bandr Alhomaly said, “Debt Service Suspension Initiative is a hallmark achievement in the G20’s history.”

Warner Music IPO aims to strike a chord in ‘Six Feet Apart’ era

Streaming likely to boost investor interest amid pandemic lockdowns

KL-Singapore High Speed Rail construction suspension extended beyond May 31

SINGAPORE, May 29 — The suspension of the construction of the 350-kilometre Kuala Lumpur-Singapore High Speed Rail (HSR) project may be extended beyond May 31, 2020. “Malaysia had asked to extend the suspension period to allow both sides to discuss the changes they have in mind. “We are...

World Bank lends Philippines US$500m to counter virus impact

MANILA, May 29 — The World Bank Group approved a US$500 million (RM2.2 billion) loan for the Philippines to help it cope with the economic impact of the novel coronavirus pandemic, the Bank said today. The Philippine government will begin easing from June 1 one of the world’s toughest and...

Healthcare facilities see 80% fall in revenue: Survey

The Covid-19 pandemic has left the Indian private healthcare sector in acute financial distress, a new survey said on Friday adding that the healthcare facilities in the country have witnessed at least 80 per cent fall in average revenue.

COVID-19 Watch: Hotels, airlines look for new revenue streams, hold on to cash to tide over liquidity crunch

Other steps like drastic cost control and a sharp reduction in future supply addition are also in the offing.

The Witcher Series Tops 50 Million Sales

Insert "toss a coin" joke here.

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.

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.

Hearo.Live: Going Virtual With Live Events

Hearo built an app to capitalize on the growth in eSports. It's now raising capital from people wanting to invest in Hearo.Live.

Better Buy: Magellan Midstream Partners vs. NuStar Energy

A midstream player that's changed its business or one that's stuck to its knitting? The choice isn't easy with both offering 9%+ yields.

GSMA, O-RAN Alliance join-up as operators tipped to jump on tech

The GSMA and O-RAN Alliance became the latest organisations to announce joint efforts to help ...

Viettel selects Digital Virgo for carrier billing

Vietnam-headquartered Viettel Group signed a global deal with Digital Virgo to deploy its direct carrier ...

Magic Leap CEO to step down

Mixed reality headset manufacturer Magic Leap announced founder and CEO Rony Abovitz will leave his ...

GSMA finds traffic surge isn’t harming environment

Network traffic increases during Covid-19 (coronavirus) lockdown measures did not lead to huge spikes in ...

New York gold traders are drowning in a glut they helped create

Shutdowns strangle supply routes that allow physical bullion to move around the globe

Ringgit higher against US dollar on improved global sentiment

KUALA LUMPUR, May 29 — The ringgit ended the week slightly higher against the US dollar today on improved global sentiment despite lower oil prices, a dealer said. As at 6pm, the local note was quoted at 4.3450/3500 versus the greenback compared with yesterday’s close of 4.3540/3600. FXTM...

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

Use of public transport likely to dip for 6 mnths post lockdown: CSE survey

Within six months after the lockdown, metro ridership will decline from 37% in pre-lockdown period to 16%, the CSE said.

KCR launches last phase of Rs 1 trn Kaleshwaram Lift Irrigation project

The project is designed to lift as much as 180 thousand million cubic feet of water from the River Godavari

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

The daily business briefing: May 29, 2020

Another 2.1 million Americans file unemployment claims, Trump signs an executive order targeting social media, and more

Mixed use developments to see an upsurge; Here’s why

As we start thinking of living in the post-COVID world, there are diverse perspectives on how cities can better respond to the current and future crises. There is a rise in demand for living within close proximities so that one can ‘walk from home’ to workplace and essential services to avoid dependency on public transport.

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.

SkipTheDishes has seen an 89 percent jump in new restaurants during the COVID-19 pandemic

SkipTheDishes has revealed new data regarding how its business has been faring during the COVID-19 pandemic.

Film Schedule "in Flux" as San Fran Eyes Reopening After 'Tenet,' 'Mulan' Dates: Analyst

"Given the continued uncertainties around reopening timelines, capacity restrictions and moviegoer responses, we remain cautious on the pure-play exhibitors," says B. Riley FBR's Eric Wold.

Credit guarantee scheme: No immediate 100% payments to banks if MSMEs default

On the face of it, the guarantee scheme is a great deal for banks as there is no risk of losing money. But in reality, it is going to be a tough task for banks to get the full guaranteed amount from the guarantee corporation

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

Tesla CEO Musk earns incentive payout worth $775 million in first tranche

The compensation plan, approved by shareholders in 2018, consists of 20.3 million stock option awards broken up into 12 tranches of 1.69 million shares

OGRA proposes Rs7.06 per litre cut in petrol price

Recomm­endati­on in line with decrea­se in global crude prices­

South African Airways administrators seek more time for rescue plan

If the delay in publication is approved, they will start those talks on June 1, they said in the letter, dated May 28.

When is the Canadian GDP report and how could it affect USD/CAD?

Friday's economic docket highlights the release of monthly Canadian GDP growth figures for March, scheduled to be published at 12:30 GMT. Statistics C

Lax reporting of wage subsidy audits will encourage fraud

The Government’s lax approach to monitoring wrongful wage subsidy claims sends a dangerous message, says the New Zealand Taxpayers’ Union.

COVID-19: Planning For Major Projects At NZ’s Largest Industrial & Residential Development Underway

More than a fifth of the 170 hectares of commercial land available at the country’s largest industrial and residential development have now been sold as businesses look to establish large scale local operations in a post-COVID environment.

New Otago Community Trust Chair Appointed

Otago Community Trust has today announced the appointment of John Wilson as its new chair. John takes over the Trust’s chair role from Ross McRobie effective from 1 June 2020. Ross will remain on the board of Otago Community Trust as a trustee until such time that the Minister of Finance makes the new trustee appointments.

BharatPe’s card-accepting machinewith zero MDR may go live in June

Merchant payment and lending network company BharatPe is working on a card-accepting machine with zero MDR, which is likely to go live by next month. “BharatSwipe will be our card machine. It will be

Overnights: Republic Bharat rules Indian news genre again in UK

Republic Bharat returned to the No.1 position amongst Indian news channels on Thursday, according to exclusive data obtained by BizAsiaLive.com. Republic Bharat delivered a share of 0.05%, followed by Aaj Tak, ABP News and NDTV 24×7 with 0.02%. News18 rated zero. Republic Bharat’s strongest timeband was between 21:00 and midnight with an average audience of […]

Mary Kom Box Office: Here’s The Daily Breakdown Of Priyanka Chopra’s 2014 Biopic Of The Indian Olympic Boxer

Mary Kom Box Office: Priyanka Chopra starrer 2014 biopic of Indian olympic boxer Mary Kom was a Box Office Hit. The film took a decent start of 8.40 crores and trended fairly well to score a lifetim

Lockdown 4.0 May Be Last Of Its Kind; Economic Revival Is Now Everybody’s Priority

We should see June as the transition month for a changeover from Lockdown 4.0 to Revival 1.0.

Really Australia, it's not that hard: 10 reasons why renewable energy is the future

Australia's latest greenhouse gas figures released today show national emissions fell slightly last year. This was by no means an economy-wide effort—solar and wind energy did most of the heavy lifting.

Sensex rebounds 224 points from day's low, Nifty at 9,580; ONGC top gainer, jumps over 5%

Sensex jumped 224 points on Friday, driven by gains in HDFC, ITC and HUL despite weak cues from global markets.

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.

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

EUR/CHF: Base completed with next resistance at 1.0710/17 – Credit Suisse

The EUR/CHF short-term trend has accelerated to the upside, with key resistance seen at 1.0710/17, ahead of 1.0772/88, per Credit Suisse. See: EUR/CHF

EU's De Rynck: No appetite on EU side to revise mandate on fisheries

"It is a tall order to get an agreement on fisheries by the deadline," Stefaan De Rynck, senior advisor of Michel Barnier, Chief EU Negotiator for Bre

EUR/JPY Price Analysis: Scope for a test of 121.00

The march north in EUR/JPY remains unabated and it has already left behind the 119.00 yardstick. The cross is now flirting with the key 4-month resist

Here Comes The Great Coronavirus Depression

by Nomi Prins

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).

Goldman’s Eccentric Couch-Surfing Trader Plans a Credit Fund

Not many Goldman Sachs partners seek out citizenship in a tiny Caribbean island to speed through airports. Ali Meli wasn’t your typical Goldman partner.

In Boom-and-Bust San Francisco, Pandemic Brings Grim New Reality

Uber, Lyft and Airbnb have slashed thousands of jobs. Salesforce and Visa are letting employees work remotely for months; Twitter and Square are allowing them to do so for good.

EU's Greenhouse Gas Emissions Continue To Fall As Coal Ditched

An anonymous reader quotes a report from The Guardian: Greenhouse gas emissions in the EU continued their fall in 2018, the latest year for which comprehensive data is available, according to a new report from Europe's environment watchdog. Emissions fell by 2.1% compared with 2017, to a level 23% l...

VISI 2021 launches

A raft of new and enhanced functionality features in VISI 2021 – the latest release of Hexagon’s specialist mould and die CAD/CAM software.

Coronavirus: New mortgage holiday should affect credit record, says Nationwide boss

The UK's biggest building society says struggling applicants should be flagged to lenders.

Amazon in talks for new Dublin office even as virus hits

Amazon.com Inc. is in talks to rent an office block in Dublin with space for about 750 workers, according to a person familiar with the matter.

Apple retains top spot in the wearables market in Q1

A new report suggests Apple shipped over 21 million wearables units in Q1, giving it a 29.3% market share.

Work and wellbeing bounce back during coronavirus crisis

Government measures to arrest the economic impact of COVID-19 have helped stop further job losses and declines in working hours, new analysis from The Australian National University (ANU) shows.

Aquaculture industry set to be a boon for Northern Australian economy

Northern Australian aquaculture is set to increase its production five-fold to exceed $1.34 billion in value and produce more than five times its current volume of fish, prawns and other seafood products ...

Warren Buffett's Berkshire Hathaway lost Bill Gates as a director this year. Here are its 14 board members.

Warren Buffett's Berkshire Hathaway lost one of its highest-profile directors when Microsoft cofounder and billionaire philanthropist Bill G...

Brexit Boost: Nissan Backs Britain as It Pulls out of EU

Japanese carmaker Nissan has announced that it will retain its plant in Sunderland, England, but will be closing its factories in Spain.

Portugal’s once-booming tourism collapses due to coronavirus

LISBON, May 29 — Portugal’s once-booming tourism sector collapsed in April as lockdowns to contain the spread of the coronavirus grounded flights and kept visitors from the country’s largest market Britain away. The National Statistics Institute (INE) said in its flash estimate today the...

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...