States refuse to remit pensions for workers – PenCom

Nike Popoola Most states governments are not remitting pension contributions into their workers’ Retirement Savings Accounts with their respective Pension Fund Administrators. The National Pensio...

Sell USDINR; target of 73.75 - 73.85: ICICI Direct

ICICI Direct US$INR futures traded flat on Friday as the dollar index remained steady against a basket of major currencies and domestic equities also consolidated, which kept the pair in a sideways trend•

Odu’a to prioritise real estate investment

Temiloluwa O’Peters Odu’a Investment Company Limited has said it would focus its investment in real estate and other priority sectors. A statement signed by the group’s Head of Corporate Affairs,...

LASG suspends development of estates without layout approval

Nike popoola The Lagos State Government has said it is placing suspension on further development of housing estates without the requisite layout approval in the area designated as Sapata Village E...

TUC: Chancellor urged to 'stand by working families'

The head of the Trades Union Congress will warn that time is running out to prevent job losses.

SBI, Union Bank, BoB, Bank of Maharashtra, IDBI Bank | Check out how much bad loans each bank has written off

As shown in the cases of SBI, Union Bank, BoB, Bank of Maharashtra and IDBI Bank, most of the time, there is no or negligible recovery for the amounts written off

Subsidy nemesis

These posers come in handy in the current debate on the propriety of the removal of subsidies on fuel and electricity by the Buhari.

Funding options for agric expands with N50b scheme

The Agricultural Credit Guarantee Scheme (ACGSF) Amendment Act assented to by President Muhammadu Buhari increased the share capital ...

Josh Kushner-linked startup axed staff three days before snagging PPP loan

A software startup backed by venture capitalist Josh Kushner axed about a third of its staff just three days before snagging coronavirus relief funds meant to help the firm preserve jobs, The Post has

TUC chief warns UK faces a 'tsunami of job losses' when furlough ends in 7 weeks

Frances O'Grady will today warn Britain is at a point of no return - and must prevent a wave of redundancies from October 31

Over 30% of Omani legal professionals employed in private sector: NCSI

Out of the total workforce in the legal profession employed in the private sector, 31.6% are Omanis.

Half a million UK job losses forecast this autumn

Research group IES expects 445,000 dismissals to take place between July and September

Prime Minister Shram Yogi Mandhan Yojana: Get minimum Rs 3,000 monthly pension - here is how

Prime Minister Shram Yogi Mandhan Yojana (PM-SYM) was launched in 2019 to provide benefits to informal sector workers.

Agri Picks Report: Geojit

According to Geojit, The US Department of Agriculture has scaled up its estimate for India's cotton output in 2020-21 (Aug-Jul) to 30.0 mln bales (1 US bale = 218 kg) from 29.7 mln bales projected in the previous month, in its latest report.

Dubai’s property market needs a repurposing

Changes to zoning laws and of property use will bring about a revival

Bharti Airtel share price rises after Moody's revises rating outlook to stable from negative

The research firm revised the rating on account of easing of competition in the telecom sector, increase in 4G customer base and mobile services rates from December.

CGS-CIMB expects Bermaz Auto sales to grow 10pc in FY21

KUALA LUMPUR, Sept 14 — CGS-CIMB expects Bermaz Auto Bhd’s sales volume to grow by 10 per cent year-on-year in financial year 2021 (FY21), mainly driven by recovery in the local market. In a research note, today, it also projected higher margins from the second quarter of FY21 onwards, given...

Genting Malaysia in the red after sizeable Empire Resorts Inc equity injection

KUALA LUMPUR, Sept 14 — Genting Malaysia Bhd (GENM) is in the red after another sizeable equity injection into its loss-making US-based associate, Empire Resorts Inc (ER), but the latter’s prospects may improve, says CGS-CIMB. At 11am, the stock was 2.3 per cent or...

The problem with “transforming” Karachi

This week, the federal government officially unveiled the Karachi Transformation Plan (KTP). At first glance, the Rs1.1 trillion initiative looks like a concerted effort to address the city’s housing, municipal, and transport needs. Unfortunately, despite an attempt to build stakeholder consensus, cracks have already begun to appear in the Center-Sindh partnership at the heart of […]

Middle/Back Office Manager - Hedge Funds

For one of our clients, a hedge fund advisory firm based in Geneva, we are looking for a : MIDDLE/BACK OFFICE MANAGER - HEDGE FUNDS Job description Daily maintenance of Hedge Fund Manager database,

India plunder – Part III: Forget Nadir Shah and Ghazni; the government is a bigger plunderer

BitMEX Traded $72.5 Billion in Crypto Derivatives in August 2020, while Huobi Led with $208.5 Billion: Report

BitMEX traded $72.5 billion in crypto derivatives in August 2020, while Huobi led with $208.5 billion: report.

LG’s Signature Appliances Deliver Big Margins OS, As OZ Retailers Struggle In OZ

Is the future for LG Electronics a store within a store or their own standalone stores as the Company gets set to launch their new Signature Styler steam cleaner in Australia? The premium end of the appliance and consumer electronics market is delivering big profits for LG Electronics, with Australia slow to adapt to the... Read More

Tax policy changes could increase burden on low-wage employees in Latvia

The most positive effect of the tax changes discussed in the government could be on average wages, lower burden will also be on high wages. However, people with low wages and those working in one of the special tax regimes will be required to pay more in taxes, Latvian Television analytical broadcast De Facto reported September 13.

COVID-19 Treatment Made For 11% Of Health Insurance Claims In April-Aug

According to a research conducted by Policybazaar.com, treatment for COVID-19 accounted for as much as 11 percent of the total health insurance claim paid by insurance companies between April and August. The research further revealed that 89 percent of health insurance claims during April 1, 2020 and August 31, 2020 we

Update: CatchApp Set to Close Crowdcube Round With More Than £700,000 Secured

Click HERE to find out ⭐ Update: CatchApp Set to Close Crowdcube Round With More Than £700,000 Secured. | Crowdfund Insider: Global Fintech News, including Crowdfunding, Blockchain and more.

Goldman, Deutsche Say U.S. Stock Selloff May Be Close to an End

The recent pullback in U.S. stocks could be close to an end if history is a guide, according to strategists at Goldman Sachs Group Inc. and Deutsche Bank AG.

Amazon Great Indian Festival to begin from September 29: Details on discount offers

Amazon rival Flipkart is also hosting a Big Saving Days sale starting September 18 on its official website. 

Welsh Government urges people to keep working from home even after pandemic

Ministers want to encourage a third of people to keep working remotely, contradicting Boris' 'back to the office' message.

Top buy and sell ideas by Ashwani Gujral, Sudarshan Sukhani, Mitesh Thakkar for short term

Sudarshan Sukhani of s2analytics.com recommends buying Dabur India with a stop loss of Rs 497, target at Rs 528 and Infosys with a stop loss of Rs 930, target at Rs 960.

Emefiele commended for University Based Poultry Revival Programme

The Governor of CBN, Godwin Emefiele, weekend, was commended for initiating the *University-Based Poultry Revival Progrmame...

Hajj minister launches virtual forum to enrich pilgrim experience

RIYADH: A virtual forum aimed at enriching pilgrims' experiences in the hospitality field was inaugurated on Sunday by Minister of Hajj and Umrah Dr. Mohammed Salih Bentin, the Saudi Press Agency reported. The launch saw the participation of several national and international hospitality companies. The forum seeks to showcase investment opportunities, build long-term strategic

Lottery Commission moves against money laundering, others

The National Lottery Regulatory Commission (NLRC) has said it had taken measures to deter money laundering, financing of ...

Kano Road Transport Authority hails Simba TVS tricycles

Kano State Road Traffic Authority (KAROTA) has expressed satisfaction with the quality of Simba TVS brand of tricycles. It said the products

Black Wall Street to create 100,000 job opportunities for African Business Administration Graduates

Still in the fight for Africa's Economic Independence, the BWS is creating 100,000 jobs for African Business Administration graduates.

Microsoft Bid for TikTok Operations in U.S. Rejected by ByteDance

"We are confident our proposal would have been good for TikTok's users, while protecting national security interests," Microsoft says

Oracle Picked as Winning Bid for TikTok U.S. Over Microsoft: WSJ

Oracle Corp. has been selected as the winning bidder for TikTok’s U.S. operations, the Wall Street Journal reported, after Microsoft Corp. said its bid was rejected by parent company ByteDance Ltd.

Relocation: New ‘Computer Village’ ready in 24 months – Developer

Dr Jimmy Onyemenam, Developer, Bridge Ways Investment, says it will take 24 months for the  first phase of the new Information Communication

Odu’a rolls out five-year growth plan

Odu'a Investments Ltd. has rolled out a five-year growth plan to reposition the conglomerate for improved performance and profitability....

Integrity/Justice Forum backs Kano light-rail project

The Kano Integrity and Justice Forum (KIJF), a non-governmental organisation of elder statesmen, academics, professionals and ...

MSM Higher Ed Launches Preparation Course for Study Abroad Students

In keeping with its vision of delivering high-quality education and university pathways to students, MSM Higher Ed’s Prep School has announced the launch of Global Awareness and Study Skills (GASS). This course prepares students for studying abroad and boosts higher education institutions’ pre-departure services in the post-COVID-19 environment. MSM Higher Ed Prep offers a genuine […]

Cross-Border Payments are on the “Cusp of Transformation” According to Executive from Fintech Ripple

Marcus Treacher, the SVP of Customer Success at American Fintech Ripple, notes that the world’s cross-border payments market is highly fragmented. But he claims that international transactions are now being redefined by “the power of ISO standardization” and the innovative technology approach of RippleNet, which is a “decentralized” network of global financial institutions that are conducting transactions through Ripple’s payment networks. Treacher reveals that cross-border payments are “on the cusp of transformation.” He claims that

SoftBank Is Said to Renew Talks to Go Private After Arm Deal

SoftBank Group Corp. is set to revive talks about taking the group private after reaching a deal to sell chipmaker Arm Ltd., according to people familiar with the matter.The Japanese conglomerate’s senior executives will be revisiting a management buyout plan, which had earlier met with internal opposition, the people said, asking not to be named as the information isn’t public. SoftBank is set to announce the sale of Arm to Nvidia Corp. soon, one of the people said. The cash-and-stock sale is e

San Francisco exodus as tech giants lean in to remote work in COVID-19 era

Real estate agent Kilby Stenkamp sees moving vans on San Francisco streets where she used to see building cranes and tech company hipsters. A work-from-home trend kicked into overdrive by the pandemic is disrupting a city long a mecca for tech talent. “People are leaving San Francisco, and they're taking…

Disney’s Mulan Starts With Lacklustre Performance In China

Disney's Mulan was supposed to be a big hit in China, but CNN reported today that the studio's recent movie didn't fare well at the Chinese box

The Irish Times view on animal populations: an SOS from nature

A new study reports an average 68 per cent fall in more than 20,000 populations of mammals, birds, amphibians and reptiles

B.C. amends law in effort to address sky-high condo and townhouse insurance

The Finance Ministry says effective Nov. 1, insurers or insurance agents will be required to give 30 days' notice to condo or “strata” corporations if they intend not to renew a policy or to make any changes

Trump signs executive order to lower drug prices in fight against Big Pharma

The new order follows a series of four orders President Trump signed in July that similarly lowered prices of prescription drugs.

Bakers to down tools over rising cost of materials

The Association of Master Bakers in the Southwest have threatened to suspend production of bread across the length and..

FG pegs Presidency’s expenditure in 2021 budget at N10bn

Olalekan Adetayo, Abuja The Federal Government has put the expenditure ceiling of the Presidency’s expenditure in the 2021 budget at N10bn. This is against the N15.3bn allocated for the same purp...

Swapna promised Life Mission projects worth Rs 100 crore for 15% commission 

The Rs 20-crore Wadakkancherry flats scheme implemented in collaboration with Red Crescent, a UAE-based charity, was one of those projects she had.Swapna Suresh. Life Mission Project. Wadkkancherry project. Gold smuggling case.Kerala News. Regional News

FAO raises concern over deforestation in Nigeria

The United Nation Food and Agriculture Organization (FAO) has expressed concern over the increasing rate of deforestation in the country.

‘Nigeria must deepen agribusiness’

Experts in the agricultural value chain have advised that Nigeria must leverage COVID-19 pandemic to deepen the agribusiness ecosystem for the transformation of the sector.

Hope rises as firms move to boost food production in Ogun

Agro Renewal Movement International (ARMI) Limited, in collaboration with Agro Empire Estate, has implemented an agro-allied and processing project in Ogun State to transform and boost the sector.

India equity trade setup for September 14, 2020

Nifty which ended higher last week has an open gap at 11,508 and 11,289 while Bank Nifty has open gaps at 23,451 and 22,080.

Tariff increase: Discos get 85% collection order

Okechukwu Nnodim, Abuja  The Nigerian Electricity Regulatory Commission has directed power distribution companies to collect an average of about 85.84 per cent of the newly increased electricity t...

RIL To Scale New Highs As Investors To Invests In Retail Business

The trend in RIL stock is positive and the counter gave a consolidation breakout recently. And has the potential to scale to Rs. 2450- Rs. 2500 in the next few weeks and then it can go to Rs. 2650- Rs. 2700. One can buy at current levels with a stop loss of Rs. 2250 and with a target of Rs. 2700 in next 3 months. .

Cut in GST will bring back demand: Toyota Kirloskar

The automobile industry, which was hit by a slowdown in sales last year, continues to suffer as Covid-19-induced lockdown severely dented sales during the first five months of this fiscal. Shekar

Buhari focused on nation building and unity of Nigeria

To state that we live in challenging times is perhaps an understatement and does very little justice in accurately capturing our current....

Can Fed Govt deliver N2m housing unit?

The Federal Government’s plan to deliver 300,000 housing units nationwide with a N2millon price tag per unit may have excited operators ...

Microsoft says Bytedance won't sell TikTok's US operations to it

NEW YORK, Sept 14 — Microsoft said yesterday it was informed by Bytedance that it would not be selling TikTok's US operations to Microsoft. “We are confident our proposal would have been good for TikTok’s users, while protecting national security interests,” Microsoft said in a statement....

Bidayuh seats a concern for GPS in state polls, says state tourism minister

SERIAN, Sept 14 — The eight Bidayuh- majority state seats are a concern in the next state election due to the vote swing favouring the opposition in the 14th general election (GE14) in 2018, said Tourism, Arts and Culture Minister Datuk Abdul Karim Rahman Hamzah yesterday. Abdul Karim said in the...

Assam: Brahmin body of BTC demands creation of Brahmin Development Council

The All BTC Brahmin Youth Council  (ABBYC) has made a fervent appeal to the Brahmin people of various linguistic communities residing in the Bodo belt to come

Drug retailers in fierce compettion for bigger share of $16 billion market - VietNamNet

The long queues of people standing and waiting for their turn to buy face masks show the great potential of the drug and medical equipment market.

‘India’s norms for LPG, CNG kits retro-fitment irrational’

New Delhi, Sep 13 : Calling India's type-approval norms for retro-fitment of LPG and CNG kits "irrational", the Indian Auto LPG Coalition (IAC), the apex

Switzerland’s Credit Suisse to Introduce App-only Banking Services to Compete with Fintech Challengers

Credit Suisse Plans New "CSX" Digital Banking Offering Switzerland’s Credit Suisse, a global wealth manager, has revealed that it will be introducing an app-only banking service, in order to compete with challenger banks. At the end of October 2020, Credit Suisse will launch "CSX" and "CSX Young" to enable clients to conduct all of their banking business by smartphone. CSX is said to combine the expertise and experience of Credit Suisse with the user-friendliness of

Give us green post-Covid recovery, urges CBI boss

The head of the industry body is urging government to create new green jobs to lift productivity.

The post-Covid normal : Time for Universal Basic Income

Gujarat announces ‘heritage tourism’ policy

In addition, the government has also revised its Home Stay Policy…

EUR/GBP Price Analysis: Eases from six-month high amid overbought RSI

EUR/GBP declines to 0.9240, down 0.18% on a day, ahead of Monday’s European session. In doing so, the quote takes a U-turn from the highest since late

Iraq cuts October crude pricing to Asia, follows Saudi

Iraq slashed prices for all of its crude grades for sale to Asia and the US for next month, following similar cuts by Saudi and other Gulf counterpart

Crude Oil Futures: Scope for extra gains

CME Group’s flash data for Crude Oil futures markets noted open interest rose by around 18.3K contracts at the end of last week, reaching the third co

USD/CAD: Depressed around 1.3150 even as WTI recovery lack momentum

USD/CAD stays on the back foot for the second day in a row, down 0.15% to 1.3160, while heading into Monday’s European open. The loonie pair mainly ta

French FinMin Le Maire: Economic is on the right track

"The French economy is on the right direction," said the Finance Minister Bruno Le Maire in an interview with France 2 television on Monday. Additiona

Entrepreneurs are an asset to grow. The government must give them time to thrive

“Energy is eternal delight.” Heed the words of William Blake, because entrepreneurial energy is the dynamo that has powered the

Gold: Bulls fight back control as dollar trips, technicals point to more gains

Gold (XAU/USD) started out the week on the front foot, taking cues from the mild gains booked last week. The bulls received a boost on the dual fronts

EUR/USD: Bulls eye initial resistance at 1.1875

EUR/USD trades close to Friday's close of 1.1844. Notwithstanding, Monday's 4-hour chart is painting a bullish picture with resistance seen at 1.1875,

GBP/USD to bounce from 200-DMA at 1.2735 ahead of further losses – Commerzbank

The GBP/USD pair prints 0.20% gains to trade around 1.2820. Karen Jones, Team Head FICC Technical Analysis Research at Commerzbank, expects a small re

Gold Futures: Downside looks limited

Open interest in Gold futures markets shrunk by nearly 1.5K contracts on Friday, reversing at the same time four consecutive daily builds. In the same

China’s Economy Is Recovering Though Unevenly: Forbes China Forum

Growth is better in key first-tier cities such as Shanghai than in smaller ones.

New Indonesian Ambassador to US Seeks GSP Extension

Jakarta: Former Minister of Trade and former Chairman of the Investment Coordinating Board (BKPM) Muhammad Lutfi has been officially appointed by President Joko Widodo (Jokowi) as Indonesian Ambassador to the United States (US) on Monday.  He replaces Mahendra Siregar who currently serves as Indonesian Deputy Minister of Foreign Affairs.  In carrying out his duties, there are several things that become his priority programs. First, ensuring the extension of the Generalized System of Preferences (GSP) scheme. Second, starting talks regarding the proposed limited trade deal. Bagaimana tanggapan anda mengenai artikel ini? Happy Inspire Confuse Sad "I want to ensure that the GSP agreement is extended. Then, I want to start negotiations on the limited trade deal, namely goods in the US whose tax is less than five percent can be reduced to zero percent without going through congress. We want to start negotiations immediately. That is our priority," Lufti said in a written statement on Monday.  "I also want to ensure…

'The world wants a 24-hour Sydney': Push for entertainment hubs across city

The strategy includes a co-ordinator-general to champion Sydney's nightlife and plans for more night-time hotspots across the city.

Some business battles are won, and some are lost

Zeder, Shoprite and FirstRand: a company in its death throes, a retailer with a good year under its belt, and a bank that’s made an interesting move in remuneration.

AurionPro Solutions share price hits 5% upper circuit on order from Singapore bank

The project will be implemented by February 2022 and is valued more than SGD 5.5 million, the company said.

Buy Crompton Gr. Con; target of Rs 310: Motilal Oswal

Motilal Oswal is bullish on Crompton Gr. Con recommended buy rating on the stock with a target price of Rs 310 in its research report dated September 11, 2020.

Funskool seriously looking to develop India's traditional games: CEO

The company was also looking at 'substantially' expanding its distribution network in rural areas, Funskool India chief executive officer, R Jeswant said.

Buy Shree Cement; target of Rs 23,453: Sharekhan

Sharekhan is bullish on Shree Cement has recommended buy rating on the stock with a target price of Rs 23,453 in its research report dated September 11, 2020.

Is The Dollar Bounce Nearly Over?

Forex Analysis by Marc Chandler covering: EUR/USD, GBP/USD, USD/JPY, AUD/USD. Read Marc Chandler's latest article on Investing.com

States object to plan to create defence fund out of divisible central taxes

Some states have sent in additional memoranda to the commission over the last two months, pointing out that allocation of funds for defence was entirely the responsibility of the union government, should come from the Consolidated Fund of India and not result in any reduction in the divisible pool of central taxes.

5th Lagos Digital Public Relations Summit: NIPR calls for registration

The standard fee was N120,000 per participant pre-COVID-19.

Upper West Region Rice Parboilers Association appeals for equipment

The Upper West Region Rice Parboilers Association has appealed to government, civil society organisations and international donor communities to come to its aid with the provision of de-stoner and dryer machines to improve on parboil rice production.

Opinion: How the pandemic is changing views on financial risk

In spite of all our prior experience, our expensive technology and our data-based models, nobody saw this one coming

An initiative to up-skill the mechanic community

A campaign named #ProtectIndiasEngine aims to urge India's bikers, more specifically the youth to pledge support

Fiscal deficit stands at ₹19,228 cr. in first quarter

It is 32.4% of ₹59,346 crore projected in budget estimates

‘Kena: Bridge Of Spirits’ has been delayed to 2021

Ember Lab has announced that its upcoming action-adventure game, ‘Kena: Bridge Of Spirits’ , has been delayed to 2021.

TVs to cost more from next month; concession on panel duty ends in Sept

However, the Ministry of Electronics and Information Technology (MeitY) is in favour of extending the import duty concession that helped in bringing investments into TV manufacturing

Jorie Healthcare Partners: This outcome sourcing firm is keeping the healthcare industry healthy

This startup in Chandigarh is accelerating financial and patient outcomes for US-based hospitals, health systems and academic medical centres with its IPA-based solutions

Will the festive season revive the ethnic wear category

The ethinc wear segment will see demand erosion of Rs 15,000-20,000 crore in FY21, as compared to the previous fiscal

No ceiling price for domestic flight tickets to avoid manipulation, says deputy transport minister

KUALA LUMPUR, Sept 14 — The government will not set any ceiling price for domestic flights from Peninsular Malaysia to Sabah and Sarawak, to avoid manipulation by airlines, Deputy Transport Minister Hasbi Habibollah said today. According to him, a study conducted by the Malaysian...

Timelio-backed shampoo goes from idea to shelves in five months

Melbourne-based Blair James thought up Growth Bomb in late April. By October, 40,000 units of the new shampoo will be on the shelves of Chemist Warehouse and Priceline.

Thousands of pubs could close as they each face £25,000 bill

Thousands of pubs which have been hit hard by coronavirus could not cover the cost of such a large bill

Fed Govt begins N4m medium cost homes in Oyo

The Federal Housing Authority (FHA) has begun the building of low and medium cost housing projects in Ibadan, the Oyo State capital...

India could lose basmati rice market in Iran to Pakistan as US sanctions disrupt payments

Tehran and New Delhi explore barter trading options even as Iran has stepped up importing basmati rice from Pakistan. 

More than 700,000 redundancies could be announced as furlough ends

"This data lays bare the scale of the jobs crisis that we’re facing in the autumn"

Trump signs executive order aimed at lowering prescription drug prices

President Donald Trump signed an executive order on Sunday to reduce the cost of prescription drugs for U.S. seniors by more closely aligning prices with...

Pfizer CEO: Coronavirus vaccine could be distributed in U.S. by end of year

The chief executive of Phizer Inc. said Sunday that the pharmaceutical giant should know if its experimental COVID-19 vaccine works by the end of October —...

FX option expiries for Sept 14 NY cut

FX option expiries for Sept 14 NY cut at 10:00 Eastern Time, via DTCC, can be found below. - EUR/USD: EUR amounts 1.1900 1.2bn - USD/JPY: USD amounts

Unemployment: Planned redundancies twice the rate of last recession

Employers are notifying the government of job cuts at twice the level seen in 2009.

Why Chinese tastes are dictating the size of world’s watches and other luxury goods

Driven by pent-up desire to spend after months of social distancing & unable to travel overseas, Chinese consumers are splurging at home.

Why Centre and not states should borrow to resolve GST compensation impasse

Central govt has argued that states have more headroom to borrow, but estimates suggest that states’ borrowing costs are at least 0.5 percentage points higher.

RBI expected to make inflation and growth forecast on 1 October — first time this fiscal

RBI is mandated by law to make its projection every six months. The last projection on growth and inflation was made in February.

Sensex gains 300 points, RIL at record high

Mumbai, Sep 14 (IANS) The key Indian equity indices traded in the green on Monday morning with the BSE Sensex gaining over 300 points. Around 10.40 a.m., it was trading at 39,171.62, higher by 317.07 points or 0.82 per cent from the previous close of 38,854.55. It opened at 39,073.51[Read More...]

New York Sports Clubs Owner Files Bankruptcy Amid Gym Closures

The owner of the New York Sports Clubs chain sought court protection from its creditors, unable to keep up with debt payments after the shutdown caused by the coronavirus outbreak.

Punjab: Cane crushing to begin in 2 months, but sugar mills yet to pay farmers over Rs 300-cr in dues

This year, the mills have sold the molasses, one of the byproducts of cane, at one of the highest rates of Rs 850-900 per quintal and earned huge profits. However, they are still dragging their feet on making full payments to the farmers.

Funding boost supports farmers and community to clean up central Otago waterways

The projects will target the Manuherekia catchment.

Early-stage investors setting up buildup funds to stay invested in key startups

Investors look to stay invested and earn big from potential winners in their portfolio.

Private tank farms crippled refineries, says IPMAN

Dennis Naku, Port Harcourt The Independent Petroleum Marketers Association has said that the collapse of Nigeria’s refineries can be traced to the birth of private tank farms. Chairman of IPMAN i...

Opening a new chapter for the Hainan Free Trade Port

Major policies and key industries that will benefit from this plan

Allegro.eu: Announcement of Intention to Float on the Warsaw Stock Exchange

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, JAPAN, SOUTH AFRICA OR ANY OTHER STATE OR JURISDICTION IN WHICH …

Trade unions unite to defend inflation-beating salary increases for public servants

The Labour Court in Johannesburg will be the setting for trade unions and the government to duke it out over salary increases for about 1.2 million public servants. Trade unions are presenting a united front to get salary increases of between 4.3% and 5.4%, but the government is not budging, saying it is broke.

Plan your retirement corpus for a better future

Retirement corpus or retirement planning is a much-discussed topic among various age groups, from young earners who have just started working to people who are getting closer to retirement age. Let

UK job cuts set to double last recession peak in coming months

Around 450,000 roles look set to be terminated in the autumn, according to analysis by the Institute for Employment Studies..The figures are a stark reminder of the difficulties facing businesses after months of restrictions to slow the spread of Covid-19

South African finances ‘dangerously overstretched,’ Mboweni says

Country's future economic prospects threatened.

SBI shares rise as Citi retains buy, raises target to Rs 320

The firm expects SBI to deliver better than current market perceptions on asset quality adding that concerns related to Yes Bank should also abate.

LBIC seeks govt’s collaboration

The Lagos State Building Investment Company (LBIC) Plc is driving stronger partnership with the Lagos State government ..

LASPPPA commits to physical planning laws

The Lagos State Physical Planning Permit Authority (LASPPPA) has restated its commitment to enforce the state's Physical Planning laws.

The pitifully small amount the UK Government's new trade deal hopes will benefit Wales

That huge Brexit boost we were promised? It's not looking good

Gilead in US$21b deal for Immunomedics

NEW YORK, Sept 14 — US pharmaceutical giant Gilead Sciences confirmed yesterday that it is buying American biotech firm Immunomedics, which makes a breast cancer drug, for US$21 billion (RM87.18 billion). Under the transaction, to be finalised in the fourth quarter of 2020, Gilead will buy...

Penang launches first self-sustaining urban farm, aims for 100 hubs by 2023

GEORGE TOWN, Sept 14 — Penang today launched its first self-sustaining community urban farm that can potentially feed up to 400 households each harvest. Penang Chief Minister Chow Kon Yeow said the initiative was implemented in collaboration with the Chief Minister Incorporated (CMI),...

Port Botany go-slow orders to create supply delays

Wharfies are set to escalate industrial action at Sydney's already gridlocked port this week in a major dispute that will hit all three major stevedores.

Singapore's Keppel buys into Macquarie Park

The deal comes amid a steady increase in office-sector investments and offerings as market players adjust their expectations in the wake of the coronavirus disruption.

London's empty offices put the economy in a quandary

In Britain, which relies on consumer spending to fuel economic growth, the government and business lobby are urging people to return to their offices.

Suspension of workers’ right to redundancy could be extended

Temporary measure put in place by Government as part of Covid-19 emergency

Car makers across UK and EU urging politicians to secure Brexit trade deal to avoid 'catastrophic' losses

Tariffs would threaten the production of 3m EU- and UK-built vehicles over the next five years. This would mean losses of up to £84billion for the European automotive sector, and hit thousands of jobs.

Ecological collapse and post capitalism

In 2017, it was calculated that the total emission of carbon dioxide was 54 gigaton against the carrying capacity of 21 gigaton of the planet. It means that the planet was burden with 33 gigaton of additional carbon dioxide. It was further estimated that to remain within limit of carrying capacity of earth the allowance […]

Seven crore small traders, businesses demand Covid-19 relief package

Seven crore small traders, consisting mostly of mom-and-pop establishments, have urged Prime Minister Narendra Modi to intervene and announce a Covid relief package for at least 1.75 crore such businesses which are on the verge of closure. Representatives from the small traders body from Mumbai, Karnataka and Chennai spoke to DH, saying they neither fall in the street vendors category, to whom the government has committed funds, nor businesses which can apply for formal credit.

States unhappy with govt plan to create defence fund out of central tax pool: Report

The states have communicated their concerns about the defence fund to the Fifteenth Finance Commission, which will soon release its report on devolution of funds

Layout Regularisation Scheme: Govt earns over 8.39 crore on Sunday

Hyderabad: On Sunday alone the government collected earning over Rs 8.39 crore over the new Layout Regularisation Scheme (LRS) across the State. Within

Notore’s solar-powered 40,000-litre water project lifts Bauchi community

In furtherance of its drive to provide potable water and improve livelihoods in several rural communities across Nigeria ...

SA’s first Hilton Garden Inn to open at Umhlanga Arch

Durban developer goes ahead with launch, despite Covid-19.

UK Fintech Modulr Becomes Principal Issuing Member of Mastercard, Will Now Offer More Seamless Idigtal Payments Solutions

UK Fintech Modulr becomes principal issuing member of Mastercard, will now offer more seamless digital payments solutions.

Cold Canadian weather brings uncertainty for local restaurants

Restaurants relying on outdoor patios may need to make do with capacity come Fall, Winter

Covid-19 makes business class feel more like economy

Gone are the multi-course banquets and warm personal service

Americans could get Covid vaccine before the end of this year, Pfizer CEO says

Pfizer chief Albert Bourla says his firm and its partner BioNTech have a 60% chance of knowing the efficacy of their still experimental vaccine by end of October.

Companies and stocks to track today: Sept 14, 2020

Scrips likely to see action

Trump signs new executive order aimed at lowering drug prices

President Trump on Sunday signed a long-awaited executive order aimed at lowering drug prices by linking them to the cost of the same drugs in other nations.

Pfizer Stock Pops on Vaccine Timeline News, Trial Expansion

Pfizer stock and partner BioNTech are rallying Monday morning on news the two companies could vaccinate Americans before the end of 2020.

Monday’s small-cap stocks to watch

Our roundup of Canadian small-caps of between $100-million and $2.5-billion in market capitalization making news and on the move today

AmCham endorses Yoo Myung-hee for WTO chief

The American Chamber of Commerce in Korea said Monday it endorses Trade Minister Yoo Myung-hee for the position of director general of the World Trade Organization. “Minister Yoo has proven herself to be a strong and principled leader as well as a champion of free and fair trade during a time of historic challenges for international trade and the global economy,” the organization said in a released stat...

The political barriers holding back progress on reducing transport emissions

Here, we discuss how some political barriers create a significant challenge for those pushing to reduce transport emissions 

JPND: The largest global collaborative initiative for neurodegenerative disease research

Chairman for the global initiative EU JPND, Professor Philippe Amouyel, brings to light their innovative work in neurodegenerative disease research

Amazon adding 100,000 more employees in new hiring spree

Amazon said on Monday that it will hire another 100,000 workers, its fourth such run of hiring this year.

Lift cap on test cost: Pvt labs to govt

The labs owners also said that besides testing, they offer additional services like home and hospital sample collection, urgent reporting, walk-in patient sample collection and state portal data entry and ICMR portal entry, which requires additional costs.

Meet Microsoft's Family Man, Satya Nadella, One of the World's Most Loved CEO Leading the World's Trillion-Dollar Company

Get to know the inspiring story of Microsoft's CEO, Satya Nadella and his life as a father, husband, and CEO which he manages on his own!

Morning Bell With Jim Cramer: Tesla Battery Day Expectations

The stocks in the Dow, Nasdaq and S&P 500 are moving higher Monday as investors gain hope from positive news on the progress on Covid-19 vaccines.

Tesla’s Hot Summer Looks Like the Fracking Boom

Both share a revolutionary story, shaky profits and regular capital-raising. That didn’t end well for frackers.

Ticked off by NEP, private institutes form group to standarise ‘coaching culture’

Named the Coaching Federation of India (CFI), the group will focus on capping fee structure and content taught across big and small tuition classes.

Pepsi to launch sleep-aid drink Driftwell as beverage companies expand into new health and wellness categories

Pepsi and other major beverage companies are branching out beyond their traditional categories to capture consumers.

Gold prices up 1% as dollar weakness buttresses bullion

Gold futures rise on Monday, as weakness in the dollar and superlow government bond yields help to keep the precious metal trading in a range that some...

When the pandemic ends, these are the places you want to invest

The COVID-19 pandemic has taken Wall Street and investors on a roller-coaster ride this year. But what happens when it ends? Here are the sectors that...

Partnerships critical to overcome coronavirus crisis: ADB President

The coronavirus pandemic has reinforced the need for stronger and more strategic partnerships in Asia and the Pacific, ADB President said

Top headlines: Carlyle, SoftBank on waiting list for Reliance Retail stake

Business Standard brings you the top headlines of the day

Best of BS Opinion: Loan moratorium, Sebi's order on multi-cap funds & more

Here's a selection of Business Standard opinion pieces for the day

Stock picks by Prabhudas Lilladher: Buy Britannia, IOL Chemicals

Britannia's stock has shown signs of bottoming out

Oracle wins bid to "partner" with Tik Tok in the U.S.

U.S. operations of Chinese social video giant Tik Tok are to be “partnered” with by Oracle, reports the Wall Street Journal. The company’s bid prevailed after weeks of speculation…

West Dunbartonshire residents buy more than 60,000 Eat Out to Help Out meals

Figures released by HMRC show that £333,000 was deducted from bills at th 50 establishments in the area who took part.

Rural homes and business can benefit from £1 million broadband funding

Rural homes and businesses in Shropshire are set to benefit from £1 million in national broadband funding.

Foreign Workforce in U.S. Shrinks as Foreign Students Stay Away

The pool of foreign workers in the U.S. is falling because fewer foreigners are enrolling at U.S. universities, according to Bloomberg News.

Harmony Gold completes purchase of AngloGold Ashanti’s assets

Transaction is scheduled to close on September 30

By shutting down old coal plants, India can clean up its air – and save Rs 53,000 crore

Instead of pushing old plants to comply with pollution norms, power firms should replace them with renewable options, says a study.

'Now is the time to find a bargain': 1 in 3 renters are moving or thinking about it as Australia's property market gets a shakeup

As rental prices fall in most capital cities, there’s a lot of tenants who are getting itchy feet.

BCA reports strong demand for used cars

Average used car values exceeded £8,000 for the third month in a row in August, with sold volumes continuing to rise, up by 3.9% over the month, reports BCA.

E-commerce users in Asean surpasses 2025 forecast

PUTRAJAYA, Sept 14 — The Covid-19 pandemic has become a catalyst for the Asean market to adopt e-commerce earlier than forecasted, according to the Malaysia Digital Economy Corporation (MDEC). Chief operating officer Datuk Ng Wan Peng said prior to the pandemic, MDEC forecasted Asean e-commerce...

Updates: Why Aviation Union Halts Arik Air Operations In Lagos (Pictures)

Operations of Arik Air have been shut down by aviation unions over alleged non-payment of staff salaries since April and other “anti-labour practices. Naija News reports that the Aviation unions claimed that the non-payment started after the company placed 90 per cent of the workforce on compulsory leave. Meanwhile, speaking on the purported actions of […]

China Market Update: “ATMX” Leads Hong Kong Higher, US Teenagers Dance & Lipsync To TikTok’s Oracle Announcement

Hong Kong’s volume leaders were the “ATMX” stocks: Tencent rose +2.62% on strong Southbound Stock Connect buying from Mainland investors, Alibaba HK rose +0.83% on reports it will take a stake in Grab, which is Southeast Asia’s Uber/riding hailing company, Meituan Dianping rose +0.74%, and Xiaomi...

Women, Lost More Jobs Than Men Post-Lockdown: Survey

The survey covered 11,537 respondents from 20 states, of the informal sector, of which 3,221 were women, accounting for 28 per cent of the total respondents.

Covid-19 prompts sharp decline in Q2 cell phone sales in Brazil

Sales collapse due to supply chain challenges and a general lack of interest from consumers amid the public health emergency.

Biden criticizes US 'forever wars' but may up defense spending

In an interview with the military newspaper Stars and Stripes last Thursday Joe Biden former US Vice President presented some of his foreign policy positions.

Former Nissan executive Kelly's trial to start in Tokyo without Ghosn

Former Nissan executive Kelly's trial to start in Tokyo without Ghosn

Safety First: DGCA to conduct audit of IndiGo, Vistara

By Rohit Vaid New Delhi, Sep 14 (IANS) Keeping the rising air traffic in mind, Indi’s civil aviation regulator will conduct a safety audit of the country’s largest airline IndiGo and Tata Sons-Singapore Airlines backed Vistara from Tuesday. “Every aspect pertaining to operational safety will be audited, especially the newly[Read More...]

Iconic new tower opens as pandemic crushes Manhattan office market

The airy $3.3 billion tower adjacent to Grand Central Terminal represents a major step in city efforts to ensure that a blocks-long swath of Midtown Manhattan, where buildings on average are 85 years old, remains a premier office district.

Bank credit grows by 5.49%, deposits by 10.92%: RBI data

In the fortnight ended August 30, 2019, banks’ advances were at Rs 96.80 lakh crore and deposits stood at Rs 127.80 lakh crore.

IPL 2020: Startups to power on-air advertising, fill the void left by FMCG, auto majors

With the economy ravaged by the coronavirus pandemic, the startups have ensured that the brand value of IPL does not suffer any dent and have made significant inroads into a space once dominated by FMCG and auto companies.

Wall Street Economists Channel Powell's Fiscal Vision

With Congress at an impasse over additional Covid-19 aid, I asked economists from the largest Wall Street institutions what a technocratic approach to federal spending would look like.

Cities count cost of lasting exodus from offices

Companies prepare plans for a more permanent flexible way of working following pandemic

If you are stuck in Chakravyuh of penny stocks, time to exit is now

The Robinhood investors entered the market, thanks to easy accessibility and cheaper entry options allowed by discount brokers, but have no proper exit plans to redeem their profits.

China books biggest U.S. corn sale since Sept. 1

By Mark Weinraub CHICAGO, Sept 14 (Reuters) - Chinese buyers booked their biggest deal for U.S. corn since Sept. 1, the U.S. Agriculture Department said on Monday, after focusing their attention on U.S. soybeans since the start of the month.

NASAL honours NCC boss Danbatta

The Award is coming few months after President Muhammadu Buhari renewed Danbatta’s mandate as the country’s chief telecoms regulator for another term of five years.

3 Stocks to Avoid This Week

An office furniture icon, an electric vehicle upstart, and an interrupted cruise line seem pretty vulnerable.

Demand for Reliance Retail stake is so high Mukesh Ambani is putting investors on wait-list

Carlyle & SoftBank have expressed interest in investing in Reliance Retail but have been asked to wait as Reliance is already in talks with other investors.

AXA Financial Indonesia builds sharia insurance industry through ‘waqf’

The Jakarta Post’s Riska Rahman interviewed AXA Financial Indonesia president director Niharika Yadav in late May to find out more about the importance and challenges of developing sharia products.

EU Threatens London's Euro Clearing in Spat Over Internal Markets Bill

The EU is set to delay a decision on allowing City of London clearing houses to continue clearing Euro transactions for EU-based clients due to concern over Britain's plan to breach its Brexit divorce settlement, reported Reuters, quoting "a derivatives industry source"

Q&A: What’s all this about a cheap new mortgage, and can I switch?

Avant Money launches in Ireland with lowest interest rates in market

UK business schools report jump in MBA applications

Bumper enrolment will boost parent universities as they invest heavily in online teaching

Happiest Minds IPO allotment status: Here's how to check it

The basis for Happiest Minds' share allotment is likely to be finalised on Tuesday. The issue, which was sold from September 7 to September 9 in the price band of Rs 165-166 was subscribed 151 times.

Full impact of Covid-19 on public transport revealed in latest figures

All modes of transport are down, with air, train and bus worst affected by the virus

Bredband2 makes buy-out offer for A3 to create operator with 15% of Sweden's fibre connections

Swedish data communication and security services provider Bredband2 said it has issued a public buy-out offer to shareholders in telecommunications operator A3. The offer has been accepted by holders of nearly 72 percent of shares. The merged company with approximately 450,000 fibre connections and a 15 percent market share would be led by Bredband2 CEO Daniel Krook and there is likely to be some staffing overlap.

The Daily Chase: Oracle chosen for U.S. TikTok deal; stocks rise on vaccine hope

It looks like Oracle is the chosen one to help spare TikTok from being shut down in the United States by president Donald Trump.

Cub McPaws raises $800,000 in Pre-Series A funding round

Kids consumer-tech company Cub McPaws has raised $800,000 in a Pre-Series A funding round from a syndicate of investors from the US, Japan, Dubai and India. The funding was raised from institutional i

Chywanprash makers expected to see spike in demand with govt guidelines

Ayurveda products such as Ashwagandha, Giloy recommended for post-Covid-19 recovery protocol

Central Bank chief says Ireland must plan for no-deal Brexit in January

The Governor of the Central Bank, Gabriel Makhlouf, said Ireland must plan for a diverge between the UK and European Union economies, potentially as soon as January 1st when the current transition period is due to end.

Where people are most concerned about losing job as unemployment rises

London, the North East and the West Midlands currently have the highest rates of unemployment.

Change is on the way for offices, but it won't be quick

Some 70 per cent of employers intend to invest in remote technologies to support greater flexibility in the workplace, according to an industry survey.

WKHS Stock Price: Workhorse Group continues to truck higher despite broader market selloff

It has been a wild ride for Workhorse (NASDAQ:WKHS) investors this week as shares spiked over 30% from Monday’s opening price of $18.06. The stock is

USD/CAD to rise as Canadian economic and political outlook becomes cloudier – HSBC

The CAD has recovered all of the ground lost to the USD during the early phases of the COVID-19 lockdown but economists at HSBC believe the drop in US

Federal Reserve to be unable to reverse USD weakness – TDS

With the ECB brushing off EUR/USD concerns, economists at TD Securities think the focus shifts back to the upside and there is not much the Fed can sa

CFTC Positioning Report: EUR net longs resumed the upside

These are the main highlights of the CFTC Positioning Report for the week ended on September 8th: Traders reduced both gross long and short positions

US Treasury Sec. Mnuchin: There can be COVID-19 deal if Pelosi willing to compromise

"We will continue to work on the COVID-19 aid," US Treasury Secretary Steven Mnuchin told CNBC on Monday. Mnuchin further noted that there could be a

Gold Price Analysis: XAU/USD up little around $1950 area, remains confined in a range

Gold extended its sideways consolidative price action and remained confined in a range below the $1950 level through the mid-European session on Monda

EU to delay UK access decision for euro clearing due to Internal Markets Bill – Reuters

The European Union is planning to delay the decision on allowing the UK to continue clearing euro transactions for EU-based clients due to concerns ov

ECB’s Makhlouf: Impact of pandemic is going to be around for a lot of 2021

"There has been quite a robust recovery in the eurozone economy," European Central Bank policymaker Gabriel Makhlouf said on Monday but noted that the

ECB’s Makhlouf: Would be wise to plan on basis that there won't be a EU/UK trade deal

"It would be wise to plan on the basis that there will not be a trade deal between the European Union and the United Kingdom," European Central Bank p

EUR/JPY flirts with the 126.00 mark, or daily highs

The continuation of the buying bias in the risk complex is helping EUR/JPY to extend the recovery to the vicinity of 126.00 the figure at the beginnin

Big Tech: U.S. Success Depends on Corporations Importing H-1B Workers

Big Tech executives say the U.S. success "depends" on corporations' ability to import foreign workers to take white-collar American jobs.

Dangote refinery will sell petrol at international price, says FG

Eniola Akinkuotu, AbujaThe Minister of Finance, Budget and National Planning, Zainab Ahmed, has said when Dangote Refinery kicks off next year, it may not significantly reduce the price of petr...

Gold Price News and Forecast: XAU/USD – What does the valuable gold miners indicator say now? [Video]

The control that the gold bulls had during July and early August has been lost. An uptrend that supported the run higher during the summer months has

S&P 500 Index opens decisively higher after last week's slump

Major equity indexes in the US closed in the negative territory for the second straight time last week but staged a decisive rebound on Monday support

Gold Price Analysis: XAU/USD spikes to session tops, around $1960 level

Gold caught some aggressive bids and shot to fresh daily tops, around the $1958 region during the early North American session. The bearish pressure s

ECB's Lane: Baseline assumes localised lockdowns over coming year

"There is no indication that we are hitting the lower bound with rates," European Central Bank's (ECB) chief economist Philip Lane said on Monday, as

AUD/USD Price Analysis: Bulls looking to build on the momentum beyond 0.7300 mark

The AUD/USD pair refreshed daily tops during the early North American session, with bulls now looking to reclaim and build on the momentum beyond the

USD/CAD continues to fluctuate in tight range below 1.3200

The USD/CAD pair rose toward 1.3200 during the European trading hours on falling crude oil prices but reversed its direction and turned flat on the da

EU's Michel: EU wants a more balanced trade relationship with China

Following his meeting with Chinese President Xi Jinping, European Council President Charles Michel said that he reiterated that the EU wants a relatio

Covid-19 and the case against a state-run National Health Insurance

Government has no legal means to access the R200-billion that is privately funded by medical scheme members, so the only option is to legislate a monopoly for itself and increase the NHI budget beyond the existing public sector budget by raising dedicated NHI taxes or levies. In our post-Covid economic meltdown, that is about as likely to happen as Donald Trump apologising for being misogynistic.

'Mulan' flopped in its box-office debut in China

"Mulan" Walt Disney Pictures Disney's live-action "Mulan" remake debuted in China over the weekend with a disappointing $23 million, even with

Opinion: Introducing the K-shaped economic recovery, favouring some sectors and leaving others behind

Some of the indicators are getting us hopeful about a 'V' or maybe a ‘U,’ and some pessimists figure we are stuck at ‘L,’ but it would seem that it is all more complicated than that

Finance minister, ADB chief vow cooperation against COVID-19

Finance Minister Hong Nam-ki and Asian Development Bank President Masatsugu Asakawa held a video-linked meeting on Monday and pledged to cooperate against the new coronavirus, the finance ministry said. During the talks, Hong and Asakawa agreed to encourage countries in the Asia Pacific region to cooperate in various sectors to respond to COVID-19, according to the ministry. Hong also proposed opening ADB's Seoul o...

Defective Celtic Tiger homes to be focus of new working group

Minister to examine solutions for owners of such homes, such as loans or tax breaks

Loblaw moves back into banking three years after cutting ties with CIBC

PC Financial will try to rebuild base of deposits without a partner after two million clients were moved to Simplii Financial in 2017

Alert Level Status Quo Stays A Little Longer – Expert Reaction

Aotearoa New Zealand will stay at its current Covid-19 Alert Level settings for at least another week to mitigate remaining risks of transmission, the Prime Minister announced today.

Vroom Stock Has a Lot More Going for It Than People Seem to Appreciate

Supply boosts, higher marketing spending, and favorable macro trends should lift Vroom stock over the longer term.

Here’s Why the Airbnb Stock IPO is a Sign of a Pandemic Crisis Rebound

Airbnb stock will make its much-anticipated market debut later this year, but investor sentiment on the IPO is a mixed bag.

We will work with the government to ensure responsible advertising: Subhash Kamath

The Advertising Standards Council of India (ASCI) believes that it can work with the Government to help check the spread of misleading ads in India.BusinessLine's Chitra Narayanan talks to ASCI&#3

HDC, Asiana shares fall after deal collapses

Shares in HDC Hyundai Development Co. and Asiana Airlines Inc. fell Monday after the property developer's planned acquisition of the debt-ridden carrier collapsed last week amid the COVID-19 pandemic. HDC fell 0.2 percent to 24,700 won ($21) and Asiana plunged 2.5 percent to 3,965 won, far underperforming the broader KOSPI's 1.3 percent gain. But Asiana's parent Kumho Industrial Co. rose 1.2 percent to end at 6,8...

The Death Of Cash Fueled Square Stock Growth

With the boom in digital payment since the start of the pandemic, SQ stock saw outsized gains from its consumer-facing Cash App.

Banks Board Bureau to hold virtual interviews on Sep 19, 20

As many as 29 General Managers and Chief General Managers from public sector banks are in the fray to be appointed as Executive Directors in various banks.The Banks Board Bureau (BBB) will, on Septemb

Don’t Bother With United Airlines When Low-Cost Carriers Are Better Buys

With a vaccine still in progress, and low-cost airlines better recovery plays, there's little reason to dive into UAL stock right now.

Retail shortages, undeterred homebuyers and a slowdown in construction

Business Today: the best news, analysis and comment from The Irish Times business desk

Gilead in Advanced Talks for Immunomedics, Bid More Than $20 Billion

Gilead Sciences Inc. will acquire Immunomedics Inc. for about $21 billion cash to add breast-cancer treatments, the companies said in a statement.

PM begins Bihar poll push with petro projects worth Rs 900 crore

Pushing his development message ahead of the polls, likely to be held in October-November, Modi said the Bihar package included 10 petroleum and gas projects worth Rs 21,000 crore, and that this was the seventh project that was completed.

HMT posts ₹43.81-crore loss in Q1

HMT Ltd’s losses have increased to ₹43.81 crore on a consolidated basis for the first-quarter (Q1) of FY 2020-21 as against the loss of ₹42.02 crore recorded in the same period last year.The company,

Lightning Logistics plans to add 1,000 more EVs to its fleet

Company looking to expand into more tier-I, tier-II cities

Electric trucking startup Nikola defends itself from short-seller fraud allegations

Nikola is accused of pushing a nonfunctional truck down a hill for a promotional video.

'Back on track': Delhi Metro saw over 3 lakh journeys on Sunday, says DMRC

DMRC also said that it is ramping up the social distancing signages inside its trains

Modi govt plans to drop condition that Air India buyer take on Rs 24,000 cr aircraft debt

Modi govt is being advised to drop the rule on concern it will deter buyers who will be allowed to bid on the enterprise value & not on the entity value.

Bulgaria's Exports to EU Decreased by 6.5% in First Half of the Year

Bulgaria's total exports and imports of goods to and from the European Union and third countries fell sharply for another month in August, according to preliminary data from the National Statistical Institute (NSI), which confirm the continuing negative impact of the coronavirus pandemic on international trade. In July, the total Bulgarian exports decreased compared to a year earlier by 10.

Maize farmers to support FG’s food security drive

Dr Bello Abubakar, National President, made the pledge in an interview with newsmen in Abuja.

Dashlane launches new password health reporting tool for businesses

Good security practices are more important than ever in the current climate, with people working from home using their own devices.

Merry to see full recovery by year-end 2020

Headset and acoustic device supplier Merry Electronics has seen sales improving, likely to bottom out for a full recovery in the latter half of the year, according to company chairman Lu-lee Liao.

Insurance Act review gets back underway

The Reserve Bank will continue its review of the Insurance Act from October.

Victorian Government expands business stimulus payments

Yesterday, the Victorian Government announced a $3 billion stimulus package for Victorian businesses. This was targeted primarily at the hospitality, retail, accommodation and tourism operators:

UPDATE 1-Roche exec criticises Trump drug price order, says 'exceeds authority'

(Adds background, details)ZURICH, Sept 14 (Reuters) - President Donald Trump's latest executive order aimed at lowering U.S. drug prices by linking them to those of other nations is "light on details" but "surely exceeds" his authority, Roche's top drug executive said on Monday.

Indian economy normalising after Q1 slump; growth potential intact: Kumar Mangalam Birla

"I remain confident that India's long-term growth potential remains intact despite the COVID setback. The IMF also has estimated that the Indian economy will rebound to 6 per cent in FY22," Birla said

New Zealand Hemp Industry Set To Generate $2 Billion Per Annum And Create 20,000 Jobs

A new report says a fully enabled hemp industry could generate $2 billion in income for New Zealand by 2030, while also creating thousands of new jobs.

RBI to hold special OMOs of ₹10,000 crore each this week

The RBI said it will purchase two new long-term government securities, maturing in 2023 and 2025, in addition to the 10-year bond maturing in 2030

Formosa Sumco revenue falls to 7-month low

Formosa Sumco Technology (FST), which ships silicon wafers to mainly Taiwan- and China-based logic and memory foundries, has reported August revenue fell 7.7% sequentially to a 7-month low of NT$963 million (US$32.9 million).

Benchmark of Nippon India Small Cap Fund changed

Nippon India Mutual Fund has changed the benchmark of Nippon India Small Cap Fund from S&P BSE Small

Labor: HomeBuilder not big enough

Labor’s shadow housing minister, Jason Clare, believes the Morrison Government’s HomeBuilder policy is not big enough and wants the government to fund social housing to “save tradies jobs”:

Citi has a message for oil bulls: $60 oil to return by 2021

The rate at which those stockpiles are shrinking appears to have slowed in recent weeks as the coronavirus proved stubbornly persistent and the OPEC+ alliance returned barrels to the market.

Google-Backed Cuemath May Raise $45 Mn From Falcon Edge

Bengaluru-headquartered edtech startup Cuemath is reportedly in talks to raise $45 Mn funding in Series C round from Falcon Edge India.

Chainlink to Start Supplying Data for Crypto.com’s DeFi Wallet

The new integration will provide users of Crypto.com's DeFi wallet with access to accurate and untampered price data, ChainLink said.

Clipping wings: Cap on airport ownership likely

After Adani won all 6 airports in previous round, new rules may be enforced before next round of privatisation

Visa's payment police saves Aussie businesses $560m

The global payments giant has developed sophisticated artificial intelligence tools, which it says can assess transactions in a millisecond and judge if they are bogus.

Workers try fresh approach, bid to buy SA Express

'Nobody knows better how to run the airline than those who have spent their lives doing so,' says Thabsile Sikakane, spokesperson for Fly SAX, the acquiring entity which is bidding for SA Express.

More shops open at Kallikudi central market

With the Department of Agricultural Marketing and Agri Business and the district administration giving a push to make the Central Market for Vegetables, Fruits and Flowers at Kallikudi functional, mor

State well within its limits in managing finances despite COVID-19: Harish

FRBM Act amendment sought in line with Centre’s recommendations, says Finance Minister

Milma to target the health conscious

To raise production of its ‘Good Health’ brand drink

GeoSure teams up with Deem, Inc. to bring travel safety and COVID-19 awareness tools to business travel

OAKLAND, CA - Deem, a leading mobile and cloud technology provider for the corporate travel industry, announced its partnership with GeoSure, the global leader in providing timely, hyper-local safety information and digital duty of care solutions. Deem clients, including many Fortune 500 companies, rapidly growing small and medium-sized businesses, and travel management companies (TMCs), will gain access to GeoSure’s unique suite of travel safety digital products and hyper-local insights as found in Deem’s recently launched SafetyCheck feature. These include health and medical

FRBM increase pushes TS further into debt trap: CLP

CLP Leader Bhatti Vikramarka says government would require ₹50K cr every year by 2024 for debt servicing

Air Arabia Abu Dhabi expands operations, unveils Cairo flights

Air Arabia Abu Dhabi expands operations, unveils Cairo flights

New tractor sales continue to recover

New tractor sales continued to recover in August, according to latest figures issued by the Farm Tractor and Machinery Trade Association.

Buhari’s Authoritarian, Selective, One-Sided Vision For 2050 By Bayo Oluwasanmi

One fact that is indisputable about Buhari is that he is not a visionary leader. For his Vision 2050, Nigerians should expect mass cruelty wrapped in Buhari’s selective, one-sided authoritarian vision: suppression of press freedom, freedom of speech, freedom of religion, freedom to protest, freedom of association, illegal arrest and detention of critics, nepotism, lawless and disorderly country.

Uber borrowing US$500M in junk market's refinancing frenzy

Uber Technologies Inc. is borrowing $500 million to refinance debt, joining a barrage of high-yield companies that are capitalizing on cheap rates to lower their interest expense.

Regional house price jump on the way

The CEO of Australia's third largest credit union says 8 per cent of home loans are on deferred payment status, but home lending is solid for July and August.

American Land Agency Lagging Behind in Shift to Renewables: IEEFA

The Bureau of Land Management, the single biggest steward of real estate in the US, often finds itself in the crossfire of heated arguments over how best to use and/or protect the more than 250 million acres it is responsible for across the American West. The agency is supposed to see that its lands are managed in the national interest and in a way that meets a long list of responsible-use requirements.

Why HPE SA and BCX are ideal partners for SAP S/4HANA migration

As certified S/4HANA implementation partners, they can play a crucial role in helping organisations become more innovative and agile than their competitors.

With Diversity, Inclusion Top of Mind, BFC Takes on New Board Members

The British Fashion Council is putting diversity at the top of its agenda, and has named four new board members.

Gold Prices Remain Constant In Bhubaneswar On Monday

The prices of gold held still in Odisha's capital city of Bhubaneswar, for the last 24 hours. As on Monday, the gold prices for 24 carats/10 grams recorded Rs 53,350 while 22 carats/10 grams recorded as Rs 48,910.gold price today,gold rate today,gold price on 14th september,nation,national news,business,business news,kalingatv,kalinga tv,gold prices india,gold prices in india,gold price today in cuttack,gold price today in odisha,gold price in bhubaneswar,gold rate in bhubaneswar,gold rate 22k,gold price today in cuttack

French Finance Minister Defends Involvement in LVMH’s Tiffany Deal

France's Finance Minister Bruno Le Maire stressed plans to implement a digital tax on American technology giants.

Supermarket demand continues to underpin beef prices despite weak pound

Boris Johnson’s proposal to make far-reaching changes to the Brexit agreement reached last year with the EU saw the UK pound weaken dramatically on international money markets last week.

Amazon To Hire 1 Lakh Workers For Festive Season

Washington: While job losses are on the rise throughout the world, Amazon has pumped in a breath of fresh air by deciding to hire 1,00,000 workers in the US and Canada. This is the e-commerce company’s 4th hiring spree in 2020 fuelled by a surge in online shopping due to lockdowns and social distancing requirements. […]

Britain's youngest chocolatier on why lockdown in Solihull has been sweet - but also a rocky road

Knowle business owner has backed the new 'Support Local' initiative

Charlotte’s Web Earnings: CWBHF Stock Falls 5% on Q2 Misses

Charlotte's Web earnings on Monday have CWBHF stock falling a bit after the company missed both EPS and revenue estimates for the quarter.

Upgrades Signal a Potential Blastoff for Virgin Galactic Stock

Financial experts are smitten with SPCE stock and, it seems, space tourism in general

Hopes Tayport campsite will help tackle problem of wild camping

It is hoped a new campsite in Tayport will help ease concerns about a rise in wild camping.

Targeting Target’s Profits for Ourselves

As traders look around for other stocks to add to their portfolios, we think many of them are going to zero in on Target (NYSE:TGT).

More than half of Honolulu's virus recovery funds allocated

Officials have said nearly 60% of Honolulu’s federal coronavirus recovery funds have been allocated for use, leaving $165.4 million pending.

Power use back on the rise

A new BC Hydro report reveals electricity demand is back on the upwards trend, after a significant and unexpected drop due to COVID-19.

Airtel tipped to gain from AGR relief

Moody’s upgraded its outlook for Bharti Airtel, predicting a Supreme Court ruling giving operators ten ...

AGRF 2020 Concludes with Call for Greater Focus on Urban Food Markets

The 10th edition of the annual African Green Revolution Forum (AGRF) in Kigali Rwanda, saw heads of state, government ministers, civil society, and business leaders resolve to use the flourishing urban food markets as a launchpad for growing the continent’s agricultural investments into stable businesses. The AGRF, the world’s premier forum for advancing Africa’s agricultural agenda, drew a large and diverse crowd of more than 10,400 delegates from all over the world to analyze the state of African agriculture under the theme, Feed the Cities, Grow the Continent: Leveraging Urban Food Markets to Achieve Sustainable Food Systems in Africa. The theme was a call to action to rethink Africa’s food systems in order to deliver a more resilient, better nourished, and more prosperous outcome for all. During the Forum, technical assessments, policy analyses and political discussions reached a new level of consensus that could accelerate the efforts to reach the goals in the Malabo Declaration, and make farming in Africa…

Polish e-commerce giant Allegro files for IPO, seeks to raise €225 million at a reported $10 billion+ valuation

Polish ecommerce platform Allegro has filed for an IPO, with plans to raise 1 billion zlotys (€225 million) and debut on the Warsaw Stock Exchange. FT reports that advisers are targeting a valuation of between €10 billion and €12 billion. The offering will enable the group to repay part of its outstanding debt. Other reasons […]

Nesta Offers Monetary Prize for Fintechs Offering Support to Workers Impacted by COVID-19

Click HERE to find out ⭐ Nesta Offers Monetary Prize for Fintechs Offering Support to Workers Impacted by COVID-19. | Crowdfund Insider: Global Fintech News, including Crowdfunding, Blockchain and more.

Research reveals 'climate-change complacency' across Europe

Most European citizens do not particularly care about climate change. That's the striking finding from new research on the views of 70,000 randomly sampled European men and women.

Households in 4 major cities report 'serious financial problems'

At least half of households in the four largest U.S. cities—New York , Los Angeles, Chicago, and Houston—report facing serious financial problems during the coronavirus outbreak. Their worries include ...

Covid and commercial research decline

Inevitably, the rapid spread of an emergent and potentially lethal virus around the world has led to huge disruption of normal life. With talk of a new-normal in the wake of the COVID-19 pandemic, we ...

Half Salary To No Salary: Imax Theater Operator Dies By Suicide

The COVID pandemic pushed many into financial crisis due to their earnings going from good to little

Ryanair says its winter presence in Cork depends on UK being on Europe-wide green list

CEO Eddie Wilson urged the Irish government to adopt the European Commission’s new system of colour coding.

Pfizer could have working Covid-19 vaccine before the end of 2020

Pfizer CEO, Albert Boula, has said the drug company could release a coronavirus vaccine before the year is out if approved by the FDA.

Cycling and HGV traffic are both up on last year as public transport still lags behind

Cycling in Dublin is up by 9.4% on last year.

Retail footfall suffers first decline since April as schools reopen

Retail footfall suffered the first decline since April last week as schools reopened and families returned from their UK holidays.

Topshop owner forced to make U-turn after offering staff just 50% of redundancy pay

Arcadia, whose high street brands include Topshop, Topman, and Dorothy Perkins, previously said it was only going to pay some of its employees as little as 50% of their notice pay

S&P 500 Index: Scope for a near-term bounce before deeper corrective setback – Credit Suisse

The S&P 500 extends its corrective setback and whilst economists at Credit Suisse see scope for a near-term bounce on Monday, the “ideal” scenario rem

EUR/USD Price Analysis: Scope for a move to 1.1965 and above

EUR/USD extends the rebound from last week’s lows and flirts with 2-day highs in the 1.1870/80 band. Extra upside remains on the cards and initially t

BoE: Impact from policy decision to be limited and short-lived, sterling more sensitive to other factors – TDS

This month's Bank of England (BoE) decision isn't expected to be any kind of turning point, with no new forecasts at this meeting and no need to addre

ALERTt: India’s sequential retail price inflation marginally eases in Aug to 6.69%

–Indo-Asian News Service rv/arm

Monetary policy has limitations, govt should act more to revive economy: SBI economists

Using a formula, they estimated the

New study shares insights on bouncing back from job loss 

This trait allows people to manage their emotions and behaviours to produce positive results and to consider adversity as a positive challenge rather than a hindrance.

Ebury and MarketFinance partnered to expedite the final stretch of the Coronavirus Business Interruption Loan Scheme

MarketFinance will provide government-backed funds to Ebury's small- and medium-sized business customers, as the CBILS winds down.

Rex gets reporting role as co-ordination with Qantas, Virgin authorised

The ACCC said the reports, which it will release publicly, would protect against anti-competitive information sharing and minimise the potential consumer risks.

Pack a punch with ThePowerMBA

Fully online, cost-effective and flexible – ThePowerMBA democratises business knowledge

US Dollar Index Price Analysis: Corrective downside could test 92.70

DXY is now adding to Friday’s losses near the 93.00 neighbourhood on the back of the continuation of the positive sentiment in the risk-associated spa

Stocks rise as vaccine hopes spur risk-on sentiment

Investor focus will be on central banks this week.

UAE's jewellery retailers are cashing in by selling their excess gold stocks

With demand down by 60-70%, retailers use their unsold stocks to pay off debt

India's secondary listing plan for firms joining foreign markets irks investors

Indian companies that list overseas will have to later launch on a domestic bourse under policy changes being considered by government officials, sources told Reuters, a move that global investors fear will harm valuations.

From baby bumps to COVID-19 recoveries, this is what Bollywood celebrities such as Anushka Sharma and Disha Patani have been up to this week

Inspiring and thought provoking messages shine bright on A-lister accounts

Latest News | Jaikumar Constructions Gets Sebi's Go-ahead to Launch IPO 

Get latest articles and stories on Latest News at LatestLY. Real estate developer Jaikumar Constructions has received markets regulator Sebi's go-ahead to float an initial public offering. Latest News | Jaikumar Constructions Gets Sebi's Go-ahead to Launch IPO .

2 No-Brainer Stocks to Buy in Biotech

These stocks are great anchors for any healthcare investor's portfolio.

New York City’s Day of Reckoning Is at Hand

Divisions between government and private business, and between rich and poor, make it harder to overcome massive economic damage.

Yobe emerges fastest growing IGR State

Yobe State government has emerged the fastest growing Internally Generated Revenue (IGR) State in Nigeria in the year 2019...

Kotak Mahindra Bank launches digital home loans

Kotak Mahindra Bank on Monday announced the launch of online home loans.“With a completely online sanction journey, consumers can apply, submit documents and get their home loans sanctioned in less th

Europe to see rise in coronavirus fatalities in October, November, WHO warns

The World Health Organization expects Europe to see a rise in the daily number of Covid-19 deaths in October and November, the head of the body's European branch told AFP on Monday.

Non-metros, smaller towns show higher inclination towards reskilling

UpGrad’s Free 101 Program initiative is offering 10 programmes free of cost to college students and working professionals

EMBA: Rise in online enrolments

SP Jain School sees 50% growth in enrolments for its executive MBA offering

Amazon is hiring 100,000 people for minimum-wage jobs

(CNN) — Amazon is once again drastically expanding its workforce, announcing Monday that it’s hiring 100,000 new employees to support a surge in online shopping amid the ongoing pandemic....

Ashok Leyland to address larger LCV market with ‘Bada Dost’

Chennai, Sep 14 : Truck major Ashok Leyland Ltd, with its new light commercial vehicle (LCV) 'Bada Dost', will be able to address a larger part of this

National brand: common vision for ‘I am Vietnamese’ pride - VietNamNet

The national brand will help build a new flag to turn all Vietnamese people around the world to look forward a common vision.

KIIFB funds for taluk hospitals, says Minister

Foundation stone laid for new building of Karunagappally taluk hospital

Today's top business news: Stocks drop, S&P expects India's economy to contract 9% in fiscal 2021, 50 years since Milton Friedman’s seminal essay, and more

Updates from the world of economy, markets, and finance

SBI transfers Rs 6 lakhs defrauded via cloned cheques back to the Ram Mandir Trust

Earlier this month, bogus cheques were used by unknown fraudsters to withdraw Rs 6 lakhs from the bank accounts of Ram Janmabhoomi Teerth Kshetra Trust | OpIndia News

ECB: Further stimulus not ruled out yet – UOB

Economist Lee Sue Ann at UOB Group assessed the latest ECB event. Key Quotes “The interest rate on the main refinancing operations and the interest ra

CIBA guide fisheries students to set up start-up hatchery for Asian Seabass

Three Mangalore Fisheries College graduates make foray inot entrepreneurship

Google to help half a million small businesses get back on their feet

Tech company says it will also assist job seekers, educational institutions and vulnerable populations as they grapple with the 'new normal' due to the Covid-19 pandemic.

ICICI Prudential partners with NSDL

ICICI Prudential Life Insurance has entered into a corporate agency agreement with NSDL Payments Bank, a subsidiary of NSDL, the largest depository of India. Continue Reading →

Are The US And China Tensions Affecting Business?

From a legal perspective, we still see the secure connection between the countries as they work together to successfully conduct business exchanges.

6 Reasons To File Your Crypto Taxes

Filing taxes on your crypto gains is not an option; it is a requirement under the IRS tax code.

GBP/USD looks attractive, odds of disorderly Brexit meaningfully lower – Goldman Sachs

According to the analysts at the US investment banking giant, Goldman Sachs, the odds of a damaging no-deal Brexit are lower, which makes the sterling

USD/CAD to reinforce the broader bear move beneath 1.3104 – Credit Suisse

The USD/CAD pair, which is trading in the neutral territory around the 1.3180 region, needs to see a move below the back of the broken March downtrend

USD/TRY: Lira to see further losses as Moody’s warns a possible balance of payments crisis – MUFG

The Turkish lira continues to underperform with USD/TRY hitting a new record high last week at 7.5145 as it is second-worst performing emerging market

EUR/JPY Price Analysis: Interim hurdle emerges at 126.46

EUR/JPY is alternating gains with losses below the 126.00 mark at the beginning of the week. Bulls need to surpass last week’s top near 126.50 (post-E

DIFC Courts strike an agreement with Dubai FDI on info sharing and event hosting

Dubai attracted Dh12b in foreign investments in first six months despite pandemic

Sorrento Therapeutics Is a Scary, Risky Potential Buy

Sorrento Therapeutics has plummeted since firing its CFO on Aug. 19. But there could be a risky oppotunity here for brave investors.

Relook: Telecom panel may reduce spectrum prices for auction

Sources indicated to FE that though the Telecom Regulatory Authority of India has not lowered the reserve price despite the DoT’s request for a review, the government’s inter-ministerial panel may do so.

Why term insurance is a must in financial planning

Individuals up to the age of 40 years need a life cover equivalent to 20-30 times of their annual income

Overdues: Is supplying to govt or PSUs a big risk?

The finance ministry says dues are getting cleared, but what is needed is a mechanism that doesn’t need FM’s intervention

Home office products take off as work-from-home routine continues

Flipkart, which recently concluded its Big Savings Day sale, has registered a threefold rise in demand for study tables, chairs and laptop tables since February

Highs and lows: More listeners tune in to radio but advertisers switch off

Calling the recovery, “tentative”, Entertainment Network India CEO, Prashant Panday points out that “even in August industry revenues were down between 30-50% y-o-y.”

Unsteady economy: With demand outlook still hazy, firms are hesitant to hire permanent workers

With the economy contracting, Payoneer says 135 million jobs may have been lost leading to a 35% rise in unemployment and that has prompted many more to take up gig jobs.

Scientists Release ‘Blueprint’ To Save Critical Ecosystems And Stabilize The Earth’s Climate

A group of scientists and experts produced the first comprehensive global-scale analysis of terrestrial areas essential for biodiversity and climate resilience, totaling 50.4% of the Earth's land. The report was published in Science Advances entitled “A ‘Global Safety Net’ to reverse biodiversity loss and stabilize the Earth’s climate,” and highlights the importance of protecting and restoring the natural world to address three converging crises – climate change, the loss of biodiversity, and the emergence of novel viruses such as COVID-19.

US based Fintech Stash Claims its AUM have Grown to $1.8 Billion, Company Reportedly Offers Personalized Advice to 5 Million Americans

US based Fintech Stash claims its AUM have grown to $1.8 billion, company reportedly offers personalized advice to 5 million Americans.

Businesses have done a good job as emergency policy makers – but they must not get complacent

Government policy must at times play catch-up with reality – and this has never been more prevalent than during the Covid-19 pandemic.

Latest News | Dabur Forays into Edible Oil Segment

Get latest articles and stories on Latest News at LatestLY. Leading ayurvedic and natural health care company Dabur India on Monday forayed into the edible oil segment with the launch of its cold pressed mustard oil. Latest News | Dabur Forays into Edible Oil Segment.

Abu Dhabi launches 'Silal' to target local food production and future supply stability

ADQ owns Silal with a mandate to locally produce and support desert farming

Over 73,000 people in Bali furloughed, 2,500 laid off due to COVID-19 crisis

More than 73,000 people have been furloughed during the COVID-19 crisis in Bali, with another 2,500 having lost their jobs, as the fallout of the coronavirus outbreak continues to take its toll on people’s livelihoods this year  Bali Governor...

Reconstruction of burnt Bida market starts

Reconstruction of the Etsu Musa Market in Bida has begun, 30 months after it was engulfed by fire.Over 600 shops were engulfed...

Northern Arc Capital facilitates external funding for Asirvad Microfinance

ECB worth ₹220 crore was subscribed by Germany’s Invest in Visions GmbH

Webjet managing director, chairman offload big share sales

Only last month, Webjet managing director John Guscic batted away questions about loans tied to his shares.

CR17 donor scores R1.5 billion Eskom contract

The Competition Commission has been criticised for approving a deal that would result in two dominant players in the resources market that supplies coal to Esko...

China boosts imports of Ukrainian barley

KYIV, Sept 14 (Reuters) - China has boosted imports of Ukrainian barley in the first two months in the 2020/21 season, buying 1.3 million tonnes compared with 659,000 tonnes in the same period in 2019/20, the APK-Inform consultancy said on Monday.It said China had bought 862,000 tonnes of barley in August versus 415,000 tonnes in August 2019.Ukraine is a traditional grower of barley and its traditional market is Saudi Arabia.This season its barley exports to Saudi Arabia fell to 334,000 tonnes from 388,000 a season earlier.

Chennai’s positivity rate comes down to 7 per cent, Corpn targets 5 per cent

With the city reporting less than 1,000 new cases per day for nearly a week, the Greater Chennai Corporation has managed to maintain the test positivity rate at around 7 per cent.

Manhattan’s Newest Skyscraper Is Opening Up to a Dead Midtown

SL Green Realty Corp. is opening its new $3.1 billion office skyscraper Monday, in a neighborhood that’s among Manhattan’s busiest -- but is now still unusually quiet.

Isuzu D-Max claims Car of The Year title in Zimbabwe

Zimbabweans recently voted online for their favourite vehicle and the Isuzu D-Max scooped the Car of The Year title after garnering 56% of the votes. 

Amtek Auto heads for liquidation as winning bidder Deccan Value fails to pay up

Citing slump in auto sector, Deccan triggers 'force majeure' clause in ₹2,700-crore resolution plan

Like Netflix? Then You'll Love This Stock

This young company bears an eerie similarity to Netflix in its early days of streaming. And in the ways that it differs, it may be even better.

Daily Rupee call: Buy rupee in declines

The rupee (INR) last week ended at 73.53, with a loss of 39 paise against the dollar (USD). Thus, on a weekly basis, the local currency closed below the key support of 73.5– a bearish indication. But

86% of doctors in UK believe the second peak of Covid-19 will happen in next 6 months: Survey

90% of respondents feel that failures of ‘test-and-trace’ system will lead to second peak

Filing GSTR 3B to be easy as system to compute ITC availability, tax liability

Filing GST monthly return for over one crore assessees will be easier from this month as the GSTN (GST Network or IT backbone of the indirect tax system) has deployed two major functionalities. There

The 3 Fastest-Growing Pot Stocks Through 2024

Over a five-year stretch, these cannabis stocks offer a compound annual growth rate ranging between 59% and 105%.

Latest report shows Irish people getting more involved in sports - as gender gap declines

The Irish Sports Monitor 2019 shows that participation rates have grown by an additional 150,000 people in that period

Sebi clarifies on asset allocation norms for multicap schemes

It said mutual funds have many options to meet with the requirements of its circular pertaining to asset allocation framework for multi cap schemes based on the preference of their unit holders.

Travel Unity invites “Serious About Change” tourism organizations to apply for pilot of DEI Certification Program

NEW YORK, NY – Travel Unity (TU), a nonprofit focused on diversity in travel, has put out a call for conscientious tourism organizations to join a cohort that will trial its tentpole program, Certified by Travel Unity (CBTU). This program is anchored in TU’s recently launched Diversity, Equity & Inclusion (DEI) Standards for Travel & Tourism, which took months to develop with input from more than 100 professionals across industries. The DEI Standards aim to assist travel companies and organizations

Second earthquake felt in Leighton Buzzard

The magnitude 2.1 event was thought to have been an aftershock from the larger tremor felt on September 8.

PM addresses Southern business leaders

Prime Minister Jacinda Ardern is speaking at an event in Dunedin held by the Otago Southland Employers' Association. The Leader of the Labour party...

CAG: State misused funds for medical college upgrade, increasing PG intake

Pointing out instances of irregular diversion of funds, expenditure on inadmissible items and blockage of funds, the CAG has blamed the state government’s “lack of effective monitoring” for the lapse.

Indore: IIM-IIT join hands for research and joint programmes; ink MoU focussing on AI, Analytics and Tech

Airtel happy with the construction of Uhuru Chamwino Hospital

The construction of the Uhuru Hospital in Chamwino District, Dodoma region has been completed by 87 percent after the government fulfilled its commitment of directing Sh2.3 billion towards the

Romanian startup Cyscale raises €350K in 4 hours on SeedBlink, for its international expansion

Cyscale, a Romanian startup that develops security solutions for data saved in the cloud, has raised €350K in less than four hours after the company listed on SeedBlink, the largest crowdfunding platform in Southeast Europe. Cyscale succeeded in raising €50K more than the €300K initially targeted.

5 ways how a dull festive season may worsen India’s economic plight

A weak festive season could significantly impact India's economic recovery this year as the pandemic rages on. In this article, we look at five ways how the country's growth will be impaired if the important festive quarter sees lower demand.

COVID Impact: Cargo Handling At Ports Declines 17% to 245 mn tonnes in April-August

Affected by disturbances caused due to COVID-19, India's important ports continued to behold a decline in cargo handling, recording a 16.56 per cent drop to 245

Minister: Transport Ministry working on nationwide integrated transport policy

KUALA LUMPUR, Sept 14 — The Transport Ministry is working towards achieving a more integrated national transport system across Malaysia under the National Transport Policy (NTP) 2019-2030. Its minister Datuk Seri Wee Ka Siong said all national policies were inclusive throughout the country, and...

‘UP expressways will provide faster road connectivity to Delhi, benefit north India’

The government is actively considering putting a highway patrol force in place. There is also a project of the World Bank. We are in discussion with the Public Works Department and soon the Chief Minister will take a decision in this regard

Lumber’s Staggering Rally Has New Homes Selling for $16,148 More

The North American lumber industry is having its craziest year in memory -- and that was before the wildfires.

Amazon to Offer '100,000 New Jobs' in US and Canada, Plans to Open 100 New Facilities in Both Countries

The announcement comes amdi a critically high rate of unemployment in the United States. In April this year, the rate had peaked to 14.7 percent due to the COVID-19-induced lockdown. The number was worst since the Great Depression of 1929-30. As more sectors of the American economy is opening up, employment is regaining momentum. 🌎 Amazon to Offer '100,000 New Jobs' in US and Canada, Plans to Open 100 New Facilities in Both Countries.

Do you really need $8 million saved up for retirement?

Figuring out what you need

As Digital Transformation Accelerates, Entrust Datacard Becomes "Entrust"

Entrust Datacard today announced a new brand identity and company name – Entrust.

Plug Power Is in the Driver’s Seat as Hydrogen Use Grows

Mega deals for Plug Power from companies like Walmart and Home Depot are set to lift PLUG stock further.

Petrol, Diesel Prices Slashed By Up To 16 Paise Across Metros

State-owned oil marketing companies on Monday revised prices of the two auto fuels across the metro cities. As per the notification from Indian Oil Corporation, petrol and diesel prices were slashed between 13 paise to 16 paise respectively. In Delhi, petrol rates were cut by 14 paise bring down the price to Rs. 81.72 per litre from Rs. 81.86 per litre. The prices of diesel were also slashed to Rs. 72.78 per litre, after a revision of 15 paise. Both the auto fuels remained untouched on Sunday after receiving a price cut on Saturday.

NZTech’s New Board Reflects New Zealand’s Future

By NZTech chief executive Graeme Muller

The Shameful Stalemate Over Coronavirus Relief

Republicans are mostly to blame — but both sides ought to set tactics aside and put the economy first.

Nikola defended by Wedbush with 'massive opportunity' in the balance

Wedbush sees more than 50% upside on Nikola (NASDAQ:NKLA) if the company can execute on its plan. "While we look forward to management addressing some of these issues, we continue to believe seeing the forest through the trees that Nikola is a story stock now and its all about execution looking ahead through 2023," updates analyst Dan Ives.

US adults' aversion to travel will remain strong heading into the holidays

Three-quarters of US adults said they do not plan to travel for or around the Thanksgiving holiday, and 72% said the same for the winter holidays.

Credit card firms' H1 net up 19% on increased profit from loans

South Korea's credit card companies saw their combined earnings rise in the first half of the year from a year earlier due to increased profits from card loans, data showed Monday. The combined net profit of eight card issuers, including Shinhan Card Co., Samsung Card Co. and KB Kookmin Card Co., came to 1.11 trillion won ($937 million) in the January-June period, up 18.9 percent from a year earlier, according to th...

GMA welcomes NDC promises on health, rejects Okada legalisation

The Ghana Medical Association (GMA) has welcomed the main opposition NDC’s manifesto promises on health but disagrees with the party’s plan to legalise Okada should they win the December polls.

Govt appoints new executive directors to World Bank, Asian Development Bank

While Rajesh Khullar, a Haryana cadre IAS officer of 1988 batch, has been appointed to the World Bank as executive director, Sameer Kumar Khare, additional secretary in the economic affairs department of the finance ministry and a 1989 batch IAS officer of Assam-Meghalaya cadre, will be the new executive director at Asian Development Bank

Indo-Spanish firms’ JV to take over conservancy work in Adyar from Oct 1

A consortium of Spanish and Indian firms are all set to take over the conservancy works in Adyar zone from October 1 despite severe opposition from the Chennai Corporation conservancy workers.

Morning Bell With Jim Cramer: Watch Oracle Closely

The stocks in the Dow, Nasdaq and S&P 500 are climbing higher Friday as it looks to close out a volatile week of trading after the holiday weekend.

Maserati hopes new supercar will drive turnaround ahead of FCA-PSA merger

Italian marque has a crucial role in Stellantis, the new group stemming from the merger

Parent Company Of Philadelphia Sports Club Files For Chapter 11 Bankruptcy

PHILADELPHIA (CBS) – The parent company of Philadelphia Sports Club has filed for Chapter 11 bankruptcy. Town Sports International, LLC, which has 61 affiliate companies including several Philadelphia Sports Club locations in the region, made the announcement Monday morning.

Rand firmer in early trade, eyes on central banks meetings

In fixed income, the yield on the benchmark government instrument due in 2030 was flat at 9.36%.

Savings App Chip Raises £10.7 Million in 48 Hours as Part of Future Fund Round on Crowdcube

Click HERE to find out ⭐ Savings App Chip Raises £10.7 Million in 48 Hours as Part of Future Fund Round on Crowdcube. | Crowdfund Insider: Global Fintech News, including Crowdfunding, Blockchain and more.

Oman Oil price decreases

A statement issued online by the Oman News Agency (ONA) said

Impact investors raise $70m to back companies that improve society

Daniel Madhavan spent most of his career with JB Were before discovering he could make money by backing businesses that do good.

EU heading for lower sugar output as pest attacks bite

The European Union is heading for a significant drop in sugar output this year after fields were devastated by pests and dry weather, making the bloc a net importer and pressuring a fragile sugar industry, analysts say.

Frank discussion needed about work from home, says Roberts

POINTING out that work-from-home arrangements will likely be a long-term feature across t...

London City airport to make more than a third of staff redundant

Airport says loss of up to 239 jobs will help it to bounce back when post-Covid growth returns

'Lost decade for nature' as UK fails on 17 of 20 UN biodiversity targets

UK government said it failed on two-thirds of targets, but RSPB analysis is bleaker – and suggests UK is moving backwards in some areas

ED acusses Ecocash of causing market distortions

PRESIDENT Emmerson Mnangagwa has said the steep price hikes for basic commodities experienced in the country in recent months, were the creation of mobile money giant, Ecocash. Addressing the Zanu PF provincial executive in Gweru, Saturday, the president said government authorities were forced to carry out intensive investigations to locate the source of the galloping […]

Working from home could be keeping Covid-19 at bay – for proof, look at London | Richard Harris and James Cheshire

Unlike the rest of the UK, the capital is dominated by white-collar work that can be done at home, say professors Richard Harris and James Cheshire

PWC predicts global drop in media revenue

Global entertainment and media revenue will fall by 14.3 per cent this year, with consumer magazines to be hit hardest,..

‘Without trust, business can’t invest and the economy won’t recover’

There are powerful signals that the president is following through on promises, but much more can be done: BLSA CEO

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Study shows Falkland Islands' potential to become carbon negative

A new study by the UK Center for Ecology and Hydrology suggests that restoring the Falkland Island peatlands could lead to up to £47 million worth of carbon offsets.

Bonfield to be Imagination CEO

Imagination is expected to announce today that its new CEO is to be Sir Peter Bonfield (pictured) who is chairman of NXP. He takes over from chairman and CEO Ray Bingham.

IPL 2020: Mumbai Indians bags highest on sponsorship revenues amid COVID-19 pandemic

According to the marketers following business of sports in India, Mumbai Indians continue to command a premium for their brand's strong market credibility despite the current slowdown.

Uggah: RM829m allocated for devt projects in Sarawak under first rolling plan of 12MP

KUCHING, Sept 14 — The Rural Development Ministry has allocated some RM829 million under the first rolling plan of the 12th Malaysia Plan (12MP) for development projects in Sarawak, said Deputy Chief Minister Datuk Amar Douglas Uggah Embas. He said the allocation under the first rolling plan...

Centre plans 7 more bullet train projects worth Rs 10 trillion: Report

The Central Government is planning to invest Rs 10 trillon to build seven new bullet train projects even as the Mumbai to Ahmedabad project has been delayed due to the coronavirus pandemic, the

Pelosi fears passing another virus relief bill would give Trump a win, Mnuchin says

Treasury Secretary Steven Mnuchin said Monday that he worries another coronavirus relief package might not be enacted because Speaker Nancy Pelosi fears it would reflect positively on President Trump.

ICICI-Videocon scam: Deepak Kochhar tests positive for Covid-19, ED officials quarantine selves

Remanded to ED custody till September 19 in connection with the ICICI Bank 'kickbacks for loan' scam involving his wife Chanda and Videocon, Deepak Kochhar was arrested earlier this month.

98% roads serving 2022 World Cup venues completed

Projects Affairs Director at the Public Works Authority (Ashghal), Eng. Youssef Al Emadi, has said that 98 percent main roads serving 2022 FIFA World Cup stadiums have been completed.

Teji Mandi: Three things investors should know on September 14th, 2020

Google becomes first major company to eliminate entire carbon legacy - what does this mean?

Abu Dhabi $5bn multi-tranche bonds listed on ADX

Underpinned by strong investor appetite, the bonds are priced at historic low yields.

Could Social Security Be Out of Money to Pay Benefits in 2023?

A permanent payroll tax cut could make this happen.

Regulatory sandbox at heart of Egyptian fintech boom

Egypt saw its start-up scene gather some momentum in 2019. Whilst no one report agrees, largely because many Egyptian companies register off-shore, the country enjoyed a record year of funding for technology start-ups.

Port transformation plan ‘very advanced’

‘EXCITING’ plans to transform St Helier’s port, marina and harbours ‘are in an very advanced stage’ and would give the Island the marine ‘gateway’ it deserved, the new chief executive of Ports of Jersey has revealed.

NLPGA asks members to ignore PPPRA’s administrative charge on LPG

The Nigeria LP Gas Association, NLPGA, has asked its members and operators to ignore the directive of the Petroleum Products Pricing Regulatory Agency (PPPRA) on the levy and administrative fee imposed on Liquefied Petroleum Gas (LPG) or cooking gas despite the product being deregulated. The association had argued that imposing administrative charge would be counter-productive, […]

Caffe Nero hires KPMG 'to review options' including rent cuts and store closures

The coffee chain, which operates 660 stores across the UK, has appointed KPMG to review its options, including rent cuts and potential store closures amid a rise in local lockdowns

Ireland to miss 2030 climate targets due to ‘broken planning system’ - report

Report says planning decisions for renewable energy need to be made faster

Vaccine hopes boost world share markets

Vaccine hopes boost world share markets

EU gas groups exposed as pipeline politics threaten Nord Stream 2

Billions in lending at risk after Navalny poisoning heightens calls for project to be blocked

NEP 2020: Breaking free from the rigid learning model

Most students think NEP will bring positive changes

iD Fresh Food expands dairy portfolio with launch of curd

Awarded FSSC 22000 for plants in Mumbai, Hyderabad and Dubai

Daimler loses technology patent case against Sharp

Daimler has lost a patent case in Germany against Japanese electronics firm Sharp, the second such case it has lost in the past month. Ruling that the automaker used Sharp’s technology without a license, a […]

Most trusted banks in the UK ranked from best to worst with bad news for RBS

These are the UK’s most trusted banks

Only 34% people will eat restaurant food in next 60 days, mostly home delivered: Survey

A recent study by Center for Disease Control, USA, released on September 11, says adults who tested positive for Covid-19 in July in America were twice as likely to have visited a restaurant or coffee shop in the last 14 days.

India’s shrimp output set to drop by 20% this year on reduced stocking

Drop attributed to several factors, including production issues and labour shortage

West Mercia Police's planned savings delayed but still achievable, report says

West Mercia Police’s planned savings were delayed by the extension of its alliance with a neighbouring force, but a commissioner’s report says they are still achievable.

The daily business briefing: September 14, 2020

Oracle beats out Microsoft for TikTok's U.S. operations, Gilead Sciences reaches $21 billion deal for Immunomedics, and more

Uganda, TOTAL ink oil deal

During a meeting between President Yoweri Museveni and Patrick Pouyanné, Chairman and CEO of Total, the Government of Uganda and Total have reached an agreement on the conditions of entry of the Uganda National Oil Company (UNOC) in the project as well as on the Host Government Agreement (HGA) which will govern the export pipeline project in Uganda. “We have today reached major milestones which pave the way to the Final Investment Decision in the coming months. “We now look forward to concluding a similar HGA with the Government of Tanzania and to completing the tendering process for all major engineering, procurement and construction contracts.” expressed Pierre Jessua, Managing Director of Total E&P Uganda. The conditions are set for the ramp-up of project activities and in particular, we will resume the land acquisition activities in Uganda while respecting the highest human rights standards. Total E&P Uganda reiterates its willingness to pursue a constructive dialog with the communities and NGOs regarding…

Sea Bass Hatchery Startup to be India’s First

A Kaushik, V Karthik, and S Shachin decided to become entrepreneurs in sea bass hatchery after seeing that shrimp farmers of AP own luxury cars.

Dream11 Parent Secures 225 Million USD

The gaming Unicorn, Dream11 parent, has secured 225 million USD from Tiger Global, TGP, ChrysCapital, and other. It has recently won the IPL sponsorship.

CBOT Trends - Soy up 4-5 cents; wheat, corn up 1-2 cents

CHICAGO, Sept 14 (Reuters) - Following are U.S. trade expectations for the opening of grain and soy complex trading at the Chicago Board of Trade (CBOT) at 8:30 a.m. CDT (1330 GMT) on Monday.WHEAT - Up 1 cent to 2 cents per bushel* Wheat futures seen slightly higher on bargain buying after falling for six of the previous seven sessions.* CBOT December soft red winter wheat hit resistance at its five-day moving average overnight. Prices found support at Friday's low of $5.39-3/4.

Taiwan IC design houses likely to enjoy strong 4Q20

Taiwan-based IC design houses, led by MediaTek, are expected to enjoy a particularly strong fourth-quarter 2020, thanks to the coronavirus pandemic causing delays of new product launches, according to market observers.

Cub McPaws Bags 800K USD from Global Investors

The kids-focussed AR startup, Cub McPaws, has secured 800K USD from global investors. The firm will utilize the latest fundings to expand and enhance.

Workers shut down Arik Air operations in Lagos

Operations of Arik Air were on Monday shut down by the aviation unions over alleged non-payment of staff salaries since April.They claimed that the non-payment started after the company placed ...

New Generation Of Small Chinese EVs Could Help Eskom’s Push For Mass EV Adoption In South Africa (Video)