Economy 1303
The New Valentine’s Day Is Coming for All Your Relationships
The holiday isn’t just for couples anymore. Does that make it better or worse?
Luigi’s Mansion 3 has won Outstanding Achievement in Animation at DICE Awards
Nintendo’s gorgeous Luigi’s Mansion 3, which launched last year on the Nintendo Switch, has scooped an award at this year’s prestigious Dice Awards. The spooktastic game was awarded the award for o…
Erdogan’s visit to Islamabad. Economic cooperation will intensify
By Seymur Mammadov The official visit of Turkish President Recep Tayyip Erdogan to Pakistan will be another milestone in further strengthening bilateral relations between the two countries in all areas. The two countries have always maintained and continue to maintain fraternal relations and in difficult times stand shoulder to shoulder with each other both in the fight against terrorism and at the international level, especially with regard to Ankara’s principled, unchanging position on the Kashmir issue. At the same time, Pakistan has always supported Turkey’s position on the Cyprus issue. Today, Turkey and Pakistan pursue an independent foreign policy and bear a heavy burden, which do not want to notice in the West. Both countries have similar experience in conducting a migration policy, have a tolerant policy towards their neighbors, and in Europe the concept of “multiculturalism” has become problematic and causes more and more irritation. From the 1980s to today, Pakistan has accepted up to 3.5 million Afghan…
Sarb moves to sell stake in African Bank
Sarb sees the disposal process being completed within 18–24 months after a suitable buyer is identified.
Zambia banks reap record profits from government debt
Stanbic posted a profit before tax and costs of 1.72bn kwacha last year.
Flight centre resumes sales of SAA tickets
The insurer linked to flight centre reinstated insolvency cover for SAA.
Stock investors say Ramaphosa’s speech was too light on details
Market participants will look for answers in the budget speech.
South African public sector union says wage deal not open for review
Nehawu says the wage agreements are 'sacrosanct'.
Ramaphosa unveils overhaul of South African energy industry
The government will invite private companies to submit bids to supply additional renewable energy to the grid.
Ramaphosa plan no quick fix for SA’s energy woes
Industry experts are looking for timelines.
Cosatu says SA seeks to cut 30 000 state jobs, freeze pay
That’s part of the state’s proposal to reduce its wage bill, according to the union.
Rand firmer after Ramaphosa’s speech, stocks flat
South Africa’s rand firmed on Friday after President Cyril Ramaphosa set out brief plans to stimulate economic growth during his state of the nation address, although his speech was short on specifics and timeframes.
Rand firmer after Ramaphosa’s speech
The rand was subdued following the delay caused by the EFF.
Ramaphosa’s speech underscores weak SA credit outlook – Fitch
Fitch says Ramaphosa's speech left important questions unanswered.
'Unique opportunities' at CTI Senior College of Further Education , Clonmel
Thinking about college? Or a career? Working through all the third-level courses and career options available to school leavers can be daunting. With much of the focus for Leaving Certificate st...
Graphite India share turned Rs 1 lakh into Rs 25,000 in 1.5 years; here's why
Graphite India share price, which closed at Rs 1,100 on August 14, 2018 ended at Rs 283 on February 14, 2020
AGR row: After SC rap, telecom dept orders operators to clear dues before midnight
Department of Telecommunications has started issuing circle or zone-wise demand notices to telecom firms, asking them to clear pending licence fees and spectrum usage charges before 11:59 pm on February 14
CBDT backs PM Modi's claim; says only 2,200 professionals declared income above Rs 1 crore in FY19
PM Modi drew flak for his comments recently only 2,200 professionals declared income above Rs 1 crore per annum but CBDT has clarified that it's true
I-T Dept notifies forms for companies to avail lower corporate taxes
CBDT has notified Forms 10-IC and 10-ID for existing companies that want to avail lower I-T rate and new manufacturing firms, respectively
SC orders telcos to clear dues by March 17, threatens contempt
The court, which had asked companies including Vodafone Idea and Bharti Airtel to pay 920 billion Indian rupees ($12.89 billion) in overdue levies and interest by Jan. 23, had rejected petitions seeking a review of its order last month
Renault plans a slew of initiatives in India
"We will bring innovation and find slots where demand is there. We have Kwid and Triber and in the second half of this year, we also plan to bring in a new product which would be based on Triber platform," says Mamillapalle
Coronavirus update: SpiceJet to suspend Delhi-Hong Kong flights from February 16
IndiGo and Air India have already suspended all their flights between India and China.
CCI defends probe against Amazon; says company's claim unfounded
CCI counsel told Karnataka High Court that law gave the commission full jurisdiction to investigate Amazon for potential anti-competitive activity
AGR case: DoT withdraws 'no-coercive order' against telcos after SC slams dept
Lambasting DoT for issuing circular, SC bench head by Justice Arun Mishra dismisses review petition saying there's "no stay" on coercive action against telcos who'll fail to comply with SC order
What's next for Vodafone Idea, Bharti Airtel after Supreme Court's AGR blow?
AGR row: Soon after the court judgement, Airtel said that it's in the process of doing self-assessment of the dues, and shall submit Rs 10,000 crore by February 20
Government willing to do more beyond Budget to boost growth, says FM Sitharaman
Sitharaman said the finance ministry will provide details of the scheme soon
DoT asks Vodafone Idea, Airtel to clear AGR dues by midnight
The DoT, which faced the ire of Supreme Court for putting on hold recovery of dues from telecom companies, has started issuing circle or zone-wise demand notices to firms
Ahead of Trump's visit, govt offers to import US dairy, chicken to seal elusive trade deal
India, the world's largest milk-producing nation, has traditionally restricted dairy imports to protect the livelihoods of 80 million rural households involved in the industry
Vinay Dube appointed as GoAir CEO
As GoAir CEO, Vinay Dube would be responsible for the management of the airline and also for meeting the goals and long-term growth objectives of the company
Biz EOD: No relief for telcos in AGR row; WPI inflation worst in 8 months; CCI defends probe against Amazon
Catch top stories from the world of business and economy with BusinessToday.In's end of day report
Capgemini to hire up to 15,000 freshers this year via campus recruitment
At present, 1.2 lakh employees work in the Indian offices of Capgemini. With this, India accounts for more than half of the French IT services company's global strength
SpiceJet Q3 net profit soars 21% to Rs 78 crore despite 737 MAX troubles
SpiceJet reported growth in air transport services during the December quarter, as segment results for the period almost doubled to Rs 115.05 crore from Rs 58.55 crore from the year-ago period
Investing in the art world is now just a click away
New York: Owning a piece of art is not just for the ultra-wealthy anymore.
Virus-hit Hong Kong says it with face masks, not flowers
Hong Kong: Hong Kong's flower markets are lamenting dismal Valentine's Day sales as the city battles the deadly coronavirus outbreak, with admirers joking that a box of face masks is a better way to say "I love you" than a bouquet.
US accuses Huawei of stealing trade secrets, assisting Iran
NEW YORK: US prosecutors on Thursday accused Huawei of stealing trade secrets and helping Iran track protesters in its latest indictment against the Chinese company, escalating the US battle with the world's largest telecommunications equipment maker.
Dan Loeb’s Third Point Discloses $115M ViacomCBS Stake
The hedge fund also revealed that it cut its holdings in Fox Corp. by more than 37 percent, and acquired a $130 million stake in Amazon.
Locust invasion is set to leave East Africa on the verge of famine, UN official warns
A billion locusts are eating their way through farmlands in eastern Africa and their population could increase by 500 times in the next four months - leaving the region facing famine, UN officials warn.
How the other half romance! From a £3,000 bouquet to an 'everything is pink supper', Tatler reveals the ultimate status symbols for a SERIOUSLY posh Valentine’s Day
British society bible Tatler has shared its pick of the ultimate status symbols that you'll need if you're trying to woo a well-heeled man or woman this weekend.
Trump, Modi To Outline Ambitious Vision For Next Chapter Of Indo-US Ties: Wells
When President Donald Trump travels to India to meet Prime Minister Narendra Modi, the two leaders will outline an ambitious vision for the next chapter of relationship between the two largest democracies of the world, a top American diplomat has said.
Indo-US Relationship 'most Transformational' In Current Era: Ambassador Sandhu
The relationship between India and the United States – the two largest democracies of the world – is seen as the most transformational one in the current era, New Delhi's top envoy to the US has said.
Market LIVE: After SC AGR order on modification pleas by telcos, RIL, Airtel gain, Vodafone Idea falls
Share Market News Today | Sensex, Nifty, Share Prices LIVE: Bharti Airtel was the top gainer, up 3.54 per cent, followed by Bajaj-Auto, RIL and Sun Pharma. On the flip IndusInd Bank was the top loser.
Mandryk: Ready appointment another wise move by Moe gov't in FCL-Unifor dispute
Sometimes government wins by simply being seen as the voice of reason and the appointment of Vince Ready is infinitely reasonable.
Saskatchewan's growth industry: Intensive livestock
When George Flotre ran a small farm, he knew every one of his cows. Now he only really knows Rita.
More people failed to pay property taxes in 2019: City of Regina
“The numbers are a little bit different from last year, a little bit higher.”
Operto and Lightmaker announce partnership for next-generation enterprise property management
VANCOUVER, BC - Operto Guest Technologies has announced a partnership with enterprise property management software and trust accounting provider Lightmaker Property Manager (LMPM). By joining with LMPM, Operto will further enhance its range of technological solutions which provide operational efficiency and best practice for professional property managers, as well as an enhanced personalized and comfortable experience for guests. Operto provides property managers with a software platform to manage access, temperature control and noise/occupancy monitoring that streamlines operations and improves the host/guest
World ATM Congress 2020: FABEC OPS Theatre hosts operations experts from around the world
FABEC OPS Theatre returns to World ATM Congress 2020 with a bold agenda centred on new operational concepts including urban air mobility, dynamic airspace configuration, initial Trajectory-Based Operations (iTBO), data sharing, resilience management, interdependencies of ATM performance, understanding delay, and the value of forecasts. The presentations, chosen from more than 50 requests received from five continents, provide valuable insight into new systems entering the market. Speakers will share their experiences and exchange views with industry experts in an international forum
Aviation finance sector looking vulnerable
High aircraft values and low lease-rate factors which do not reflect the commercial and operating risks facing airlines leave the aviation finance industry in a vulnerable state in 2020, says Scope Ratings. Scope expects little change to lease-rate factors in the first half of the year. The slowdown in the global economy will rub off on the aviation industry. More airline defaults and further consolidation are likely in 2020, though stability in oil prices will help the industry keep costs under
InnSpire expands into Latin America through strategic partnership with Nimbus Networks
MEXICO CITY - InnSpire, provider of a comprehensive technology suite that helps drive a seamless, world-class guest experience for some of the world's most iconic hotels and brands, has completed the company's first foray into the Latin American market through a strategic partnership with leading telecommunications specialist, Nimbus Networks. The new regional reseller/distributor partnership has already resulted in Nimbus Network's installation of InnSpire's suite of networking and guest-facing technology in four hotel properties in Peru, which include the AC CostaVerde in
Frankfurt University of Applied Sciences and BARIG are partners
FRANKFURT AM MAIN - The Frankfurt University of Applied Sciences (Frankfurt UAS) and the Board of Airline Representatives in Germany (BARIG) are now partners. As BARIG’s first “Academic Partnership,” this cooperation is particularly beneficial to the part-time MBA Aviation and Tourism Management program at Frankfurt UAS. "We are very pleased about the partnership with Frankfurt UAS, which is one of the six largest universities for applied sciences in Germany," BARIG Secretary General Michael Hoppe comments. "It of utmost importance to us
STR: U.S. hotel construction up 6.8% in January
HENDERSONVILLE, TENNESSEE - STR's hotel pipeline data for the U.S. showed 1,615 projects accounting for 208,807 rooms in construction as of the end of January 2020. This represented a 6.8% year-over-year increase in the number of rooms in the final phase of the development pipeline. “The industry is now up to more than 208,000 rooms in construction, which is as close as the country has come to the prior end-of-month peak of 211,700 in December 2007,” said Bobby Bowers, STR’s senior
Glenn Sampert appointed General Manager of the InterContinental Miami
MIAMI, FLA. – InterContinental Miami, the city’s premier luxury hotel and an icon of the Downtown skyline, has announced the appointment of Glenn Sampert as general manager. In his new role, Mr. Sampert wil oversee the day-to-day operations of the 653 room Bayfront hotel, which includes the recent addition of a 30,000 square foot turf-covered flexible lawn space with sweeping views of downtown Miami and Bayfront Park that will lend itself well to meetings, events, new programming, and social gatherings. Mr.
Samsung Electronics board chairman resigns after being jailed for union sabotage
Amidst continued scandals for the company’s heir.
Trouble At The Law Firm Filing Patently Ridiculous Lawsuits On Behalf Of Tulsi Gabbard
We've covered the two ridiculous lawsuits filed by Tulsi Gabbard in the past few months -- one against Google and another against...
Belgian OncoDNA closes €19 million Series B to expand its oncology software
Gosselies-based OncoDNA, the healthtech making precision medicine a reality, today announced that it has completed a €19 million Series B equity financing. The new funding will support rapid international growth, accelerate software development and hiring initiatives.
Rent-to-buy scheme aims to help breach the ‘deposit barrier’
New homes at reduced rents give first-time buyers a chance to get on the housing ladder
US expresses 'disappointment' in China's response to coronavirus – video
Larry Kudlow expresses US 'disappointment' in Chinese response to Coronavirus
The French and the Irish are fighting pension age rises – will the British?
Britons have been browbeaten while our nearest neighbours go into battle against changes
From khat to coffee: revitalising an age-old Yemeni crop
In Haraz, farmers and exporters are bringing new life to a globally acclaimed and desired product
Cruise ship rejected by five countries over coronavirus fears docks in Cambodia – video
Passengers aboard the MS Westerdam cruise ship, which was turned away by five countries over coronavirus fears, were allowed to disembark in Cambodia on Friday
Tennessee Republicans worry women will go on tampon-buying frenzy
During an annual three-day holiday, shoppers are allowed to buy computers and clothing tax-free, but a proposal to include tampons has gotten pushback
German economy flatlines after spending and exports slowdown
GDP growth at 0% for final quarter of 2019 with no upturn forecast in the short term
The daily business briefing: February 14, 2020
Prosecutors file more charges against Huawei, a judge halts a Microsoft military contract contested by Amazon, and more
Exports contract for sixth straight month, trade deficit shoots up
While imports contracted by 0.7 per cent, the rate of fall was significantly lower than the 8.9 per cent contraction in inbound trade seen in December
AGR order: After SC rap, DoT asks telcos to clear dues by midnight
The DoT, which faced the ire of the Supreme Court for putting on hold recovery of dues from telecom companies, started issuing circle or zone-wise demand notices to firms, an order seen by PTI said
No talks on opening up poultry and dairy markets to US companies: Govt
International media reports on Thursday suggested that India had finally allowed market access to chicken legs from the US
Withdraw income tax on overseas tours, travel agents petition PM Modi
The government introduced five per cent TCS on overseas tour packages with an aim to plug revenue leakag
DoT's Jan 23 order issued without telecom minister, secy consent: Sources
A senior government official privy to the development said the January 23 order was issued by the DoT without the consent of the telecom minister or DoT secretary
Not approached by any telco to finance AGR dues, says SBI chairman
The payments to be made by the companies include Rs 53,000 crore by Vodafone Idea, Rs 35,500 crore by Bharti Airtel and Rs 14,000 crore by the now defunct Tata Teleservices
With profitability in mind, Renault plans slew of initiatives in India
The auto maker is also gearing up to bring a mass segment EV in India within the next two years
Open to tweaking Budget to address concerns of the industry, says FM
Finance ministry to come out with detailed rules on Vivad Se Vishwas Bill in a couple of days
Glenmark Pharma Q3 consolidated net profit rises 64% to Rs 190.83 crore
Consolidated revenue of the company stood at Rs 2,735.56 crore for the quarter under consideration as against Rs 2,555.04 crore for the corresponding period a year ago.
Private firms to invest Rs 3,000 cr in MP, to create 14,000 jobs
The announcement in this regard was made by Madhya Pradesh Chief Minister Kamal Nath during the textile and garment sector round table held here
ESIC to hike confinement expenses for maternity services to Rs 7,500
The decision was taken at an ESIC meeting chaired by Labour Minister Santosh Gangwar on Thursday
RPower net profit declines 57 pc to Rs 49 crore in Dec quarter
Reliance Power (RPower) on Friday said its consolidated net profit has dipped over 57 per cent to Rs 49.39 crore in the December 2019 quarter, mainly due to lower income. The company's consolidated net profit had stood at Rs 116.44 crore in the
Renault reports first net losses in a decade for 2019 on lower sales
Renault said in a statement it suffered net losses of 141 million euros ($152 million)
AGR-hit Vodafone Idea postpones Q3 conference call with analysts
The Supreme Court on Friday directed the top echelons of telecom firms to explain why contempt action should not be taken against them for non-compliance of its AGR order
Antitrust probe into e-commerce firms stalled after Amazon challenge
CCI last month ordered a probe into Amazon and rival Walmart's Flipkart over alleged violations of competition law and certain discounting practices
Compensation from Boeing over 737 MAX grounding key to SpiceJet operations
Incentives crucial for its survival as 737 MAX grounding stalls expansion plans
India's forex reserves soar to record $473 billion, gold down by $218 mn
Expressed in dollar terms, the foreign currency assets include the effect of appreciation or depreciation of non-US units like the euro, pound and yen held in the foreign exchange reserves.
SpiceJet soars 10% on 21% YoY rise in net profit; B737 may return this year
On the operational front, Passenger Load Factor came in at 91.9 per cent in Q3, with the fleet size growing to 119 aircraft as on December 31, 2019.
MTNL Q3 loss widens to Rs 1065 crore, revenue dips 14% to Rs 624 crore
Employees cost of MTNL during the reported period stood at Rs 755.48 crore
Coronavirus: DGCA extends airport screening to passengers arriving from Japan, South Korea
Aviation regulator DGCA asked airports and airlines on Friday that passengers arriving in flights from Japan and South Korea must be screened once they step out of aerobridges in order to prevent the spread of novel coronavirus infection. Till date,
IndiGo to start daily direct flight on Delhi-Dammam route from March 10
The airline will now operate a total of five daily direct flights connecting Dammam with Mumbai, Hyderabad, Kozhikode, Trivandrum and Delhi
Goyal suggests ideas to stakeholders for promoting sale of tribal products
Citing an example, he said cricketer M S Dhoni can be a brand ambassador for a tribal product of Jharkhand
ONGC Q3 net halves on fall in oil, gas prices, output
State-owned Oil and Natural Gas Corp (ONGC) on Friday reported halving of its December quarter net profit after it faced the double whammy of falling oil and gas prices and a drop in production. Standalone net profit in October-December at Rs 4,152
IndusInd Bank hits over 3-year low; tumbles 11% in six sessions
The private sector lender's stock was trading at its lowest level since January 10, 2017
Karnataka HC grants interim stay on CCI probe against Amazon, Flipkart
The order was delivered by Justice PS Dinesh Kumar on a petition filed by Amazon, seeking interim stay on the CCI probe order, after hearing the matter over the past three days
DoT to finalise firm to develop spectrum auction software by March 6
The delay is likely to push spectrum auction to July-August this year, according to sources. mjunction and e-Procurement Technologies have experience to design module for spectrum auction.
CBDT to base taxmen's appraisal on their 'Vivad se Vishwas' performance
FM Nirmala Sitharaman had proposed this direct tax dispute resolution scheme in her budget speech on February 1
AGR dues: Risk of duopoly in telecom higher than before, says analyst
Most of the remaining liability is with state-owned BSNL/MTNL and some of the shut/bankrupt telecom companies
Shree Cement's Dec-quarter pre-tax profit up 2.8% at Rs 409 crore
PBT in Q3 of the last fiscal year stood at Rs 398.5 crore
Bank accounts of over 200 NDMC employees hacked, money siphoned off in Feb
Though police have received only two complaints of online fraud from the employees, NDMC employees union says more than 200 employees have lost their money after being cheated online
KT Rama Rao hits out at Finance Commission over reduced states devolution
The reduction in devolution to 41 per cent from 42 per cent earlier will lead to an up to Rs 4,000 crore hit to Telangana, Rao told reporters on the sidelines of the NTLF here.
German economy stagnates as eurozone records weakest growth in seven years
Germany and the eurozone also face the possibility of disrupted trade with Britain, which left the EU on January 31
No extension in deadline for selling BS-IV vehicles, says Supreme Court
The apex court had on October 24, 2018 said no Bharat Stage-IV vehicle would be sold or registered in India from April 1, 2020
Eveready's Dec-quarter pre-tax profit jumps on asset sale to Rs 110 crore
The pre-tax profit, adjusted against the one-time land sale and separation costs, remained flat at Rs 21.20 crore
Exports decline by 1.66% year-on-year to $25.97 billion in January
Imports too declined by 0.75 per cent USD 41.14 billion, leaving a trade deficit of USD 15.17 billion during the month under review
Sebi seeks explanation from former CARE Rating chairman, MD for interference in ratings
Markets regulator Sebi has sought explanation from erstwhile managing director and CEO, and chairman of CARE Rating for their interference in the rating process of entities including DHFL, IL&FS and Yes Bank, sources said. In a letter on February
Nirmala Sitharaman to meet industry bodies to assess coronavirus impact
The virus outbreak in China has claimed nearly 1,500 lives and infected over 60,000
India's curbs on Malaysian palm imports disrupts global edible oil trade
Malaysia's latest palm export data revealed the impact of India's restrictions, with shipments to India in January falling 85% from a year earlier to 46,876 tonnes, the lowest since 2011
Adani Enterprises signs 50-year agreements with AAI for 3 airports
Having won bids, AEL had also set up a subsidiary Adani Airports Ltd which would operate, manage and develop the airports
AGR dues: DoT withdraws order seeking no coercive action against telcos
The department's move came after the Supreme Court directed the managing directors and directors of telcos and other firms to explain why contempt action be not taken against them
Sun TV Q3 PBT drops by 8.12% at Rs 498.46 crore; revenue grows marginally
The subscription revenues for the quarter was up by 18 per cent to Rs 411.85 crore from Rs 349.60 crore for the corresponding quarter ended December 31, 2018
Govt willing to do more beyond Budget to boost growth: FM Sitharaman
The country's GDP growth is estimated to slow to an 11-year low of 5 per cent in the current financial year
Microsoft, TCS, BrowserStack, Sprink top recruiters at IIM Ahmedabad
Including pre-placement offers (PPOs), the trio made 12 offers, the highest in the third cluster, followed by FinIQ with 11 offers.
Trump wants $1.5 bn over 10 years to revive US uranium production
US uranium production has plummeted 96 per cent in the last five years, the US Energy Information Administration reported Thursday
Supreme Court orders telcos to clear AGR dues by Mar 17, threatens contempt
The Supreme Court on Friday said the companies and the federal Department of Telecommunications (DoT) were liable for contempt of court
Govt expects to complete Air India sale in first half of FY21: DIPAM secy
The deadline for submitting the EoI is March 17
GoAir appoints Vinay Dube, former Jet Airways chief, as new CEO
In recent weeks the airline has been facing challenge due to delays in deliveries of aircraft and spare engines resulting in cancellation of flights
Irdai concerned over rising hospital tariffs, plans to standardise charges
"We plan to introduce a system in which people will have the liberty to choose their TPAs," Irdai member said
Export of services rises 11.6% to $20 bn in Dec; imports up 10.3%
Surplus in trade services stood at $7.45 billion for December
ONGC's Dec-quarter PBT halves to Rs 5,998 cr on fall in oil, gas prices
Standalone net profit in the period at Rs 4,152 crore was 49.8 per cent lower than Rs 8,263 crore net profit in the same period of the previous fiscal year
Adani group signs agreement with AAI for development of three airports
In 2018, the government decided to privatise airports at Lucknow, Ahmedabad, Jaipur, Mangaluru, Thiruvananthapuram, and Guwahati
Whistleblower policy critical for internal control in firms: Keki Mistry
Mistry said certain instances in the past have shown that whistleblowers are either seeking ill of a company or looking for media attention
Focus on investment and job creation: Donald Trump's India plan revealed
Creating new jobs and boosting manufacturing is critical for Trump in his re-election bid later this year
RCom Q3 consolidated loss widens to Rs 10,598 cr, income slips to Rs 263 cr
The company had posted a loss of Rs 238 crore in the same period a year ago
Gold prices climb Rs 75 to Rs 41,481 per 10 grams, silver gains Rs 147
"Spot gold of 24 karat in Delhi was trading up by Rs 75 with rupee depreciation," HDFC Securities Senior Analyst (Commodities) Tapan Patel said.
Huge potential for US-India ties in energy sector, ready to meet demand: US
Larry Kudlow, economic advisor to Trump, said that talks are going on between India and the US on a trade deal that could be inked during the visit of the president
Adani Enterprises hits 52-week high after it signs agreement with AAI
The stock rallied for the ninth straight day, up 17 per cent, against 3 per cent rise in the S&P BSE Sensex during the period.
New GST filing format, e-invoicing to help in reporting for taxes: GSTN CEO
There is a need for standard to ensure complete interoperability, he said
Common portal for health insurance claim settlements on the cards
Regulator aims to usher time-bound settlement of claims and eliminate disparity in charges among different for some common procedures
Railways modifies capex spending model, enhances focus on critical projects
The national transporter has decided to disburse budgetary grants in full to projects nearing completion and will partially fund those in the initial stages
India's population galloping, but no one paying attention: Venkaiah Naidu
Political parties are feeling shy, politicians are feeling shy, Parliament also do not adequately discuss about the issue," Naidu said
Fortis Q3 net loss narrows to Rs 69.32 cr on good show in hospital business
The third quarter of 2019-20 continues to witness earnings growth with margin expansion in the hospitals business
SpiceJet Q3 profit rises to Rs 73.2 cr, operational revenue up by 47%
"This profit is after a non-cash forex charge on account of Ind AS 116 of Rs 75.9 crore without which the profit would have been Rs 149.1 crore," SpiceJet said in a release.
Flipkart to offer 'touch and feel' experience in tie-up with kirana stores
In fashion, tie-ups with local tailors had offered huge benefit to e-commerce company in a sharp reduction in the number of returns
ED, CBI have been treating me 'totally unreasonably': Vijay Mallya
His lawyers told the British High Court this week that he had been the victim of the airline industry's misfortunes and had no fraudulent intentions behind seeking loans for his now-defunct airline.
Banks' loans rise over 7% in two weeks to January 31: RBI report
Non-food credit rose Rs 1.02 trillion to Rs 100.24 trillion
Airtel offers to pay Rs 10,000 cr by Feb 20, rest before next hearing date
Airtel owes nearly Rs 35,586 crore, including licence fee and spectrum usage charge, to the government
CBDT notifies 10-IC, 10-ID forms for firms to avail lower corporate taxes
Form 10-IC will have to be filed by the companies that wish to avail the beneficial rate of 22 per cent upon relinquishment of the exemptions/incentives offered under the Income Tax Act.
Top headlines: SC shocker for telcos, wholesale inflation rises, and more
From SC's rejection of telcos' plea for new schedule for AGR payments to wholesale inflation rises to 3.1% in January, here are the day's top headlines
Market Wrap, Feb 14: Sensex falls 202 pts post AGR verdict
Among telcos, Vodafone Idea tumbled over 23 per cent to Rs 3.44 apiece on the BSE post the AGR verdict
IOB to focus on MSME, will increase lending to Rs 50,000 cr: Official
Laying more focus on MSME segment, IOB would increase its lending to the sector from the present Rs 31,000 cr to Rs 50,000 cr in a couple of years from now.
Pulses import may fall 60% next fiscal on good crop expectations: IPGA
There would be lower imports next year also because traders might not be able to buy from overseas market, taking advantage of loopholes in the import quota order
MAX 737: SpiceJet considering Boeing compensation offer for grounded planes
The no-frills carrier has been impacted by the grounding of its 13 Boeing 737 MAX planes since March last year as it is incurring various costs related to the aircraft
Odisha to tap 5T model for mineral resource mapping, extend KALIA scheme
State to also set World-class core sample laboratory and develop select rural habitats as smart villages akin to smart cities
USTR Robert Lighthizer unlikely to visit India ahead of Trump's tour
The two countries are negotiating a trade package to iron out certain issues and promote two-way commerce
Pfizer Q3 net profit climbs 5%, operational revenue up at Rs 514 cr
The company had posted a net profit of Rs 131.94 crore for the corresponding period of the previous fiscal, Pfizer Ltd said in a filing to BSE.
India offers to open up poultry, dairy markets for trade deal with Trump
India, the world's largest milk-producing nation, has traditionally restricted dairy imports to protect the livelihoods of 80 million rural households involved in the industry
Sebi constitutes municipal bonds development committee
Markets regulator Sebi on Friday said it has constituted a committee which will suggest on policy matters pertaining to development of municipal debt securities and facilitate municipalities for issuance of such bonds. The regulator has constituted
AGR case: DoT officer who faced SC's wrath issued order after senior's nod
He had issued an order saying no coercive action should be taken to recover Adjusted Gross Revenue (AGR) dues from telecom firms after expiry of the deadline set by the apex court
PAN not linked with Aadhaar to become inoperative after March 31: I-T dept
The deadline for linking of PAN and Aadhar has been extended several times and the current deadline ends on March 31, 2020
UP govt to promote e-vehicles, targets 10,700 mw of solar energy
The energy minister said the state was targetting solar energy generation of 10,700 megawatt (mw) by 2022 in the private sector to conserve environment and curb pollution
DMart share sale sees 3 times subscription, investors bid for 45 mn shares
The stock fell 5.6 per cent to end at Rs 2,401 in secondary market trade. A further 1.5 million shares meant for retail investors will be auctioned on Monday.
SC completely lifts ban on construction, demolition activities in Delhi-NCR
On Friday, the matter came up before a bench comprising Justices Arun Mishra and Deepak Gupta
136 million euros to energise Macedonia
Greek City Times Article
Huawei gets another reprieve from the Commerce Department
Huawei has been under a lot of trouble ever since the company was banned by the United States government from doing business US-based companies.
Bitcoin Rally Stalls, Bullish Recovery Depends On These Levels
Analyst Josh Rager has identified price points that could determine the movement of Bitcoin over the next few days. Bitcoin Price Hangs in the Balance
Hedera Hashgraph Slumps 20% After Meteoric Rally
Hedera Hashgraph (HBAR) lost over 20% of its valuation just hours after performing one of the most spectacular rallies in recent crypto history. HBAR
Bitcoin ‘Lambo Line’ Indicator Suggests Bull Market Inbound
According to findings from ChartStar, the number of 'Lambo' mentions on Reddit turns out to be a very good indicator for predicting strong Bitcoin moves.
Bitcoin Mining Stock Surges as Chinese Economy Falters
The economic fallout from the Coronavirus is starting to be felt across the world. China’s economy has been the hardest hit but contrary to wider market
XRP Outperforms Top 5 Cryptos, Unfazed by BitMEX Crash
The price of XRP recovered remarkably after the BitMEX crash, which led to heavy liquidations. Now, XRP is the best-performing coin among the leading 5
Bahamian Central Bank to Roll Out Digital Currency in H2 2020
The Bahamas’ Central Bank governor yesterday confirmed that a digital currency will be rolled out by the second half of 2020.
Motorola Razr Gets 1 out of 10 Repairability Score in iFixit’s Most Arduous Teardown Yet
Touted as Motorola's first foldable phone, the Razr is quite intriguing in every aspect. It boasts mid-range specifications, coupled with a steep price tag
IMF and World Bank say poverty-stricken Somalia is eligible for debt relief
The IMF and World Bank have said that Somalia is eligible for debt relief under the Enhanced Heavily Indebted Poor Countries (HIPC) initiative.
Court rejects unions' bid to block SAA job cuts
A bid by two trade unions to block job cuts at South African Airways was rejected by the country’s labour court on Friday.
Hong Kong pledges nearly R50bn as city seeks to contain spread of coronavirus
Hong Kong leader Carrie Lam pledged handouts totalling HK$25 billion to the Hospital Authority and businesses grappling with the coronavirus outbreak.
KZN Post Office staff on alert after 'dodgy parcel' makes Joburg staff sick
Customers are cautioned that it is illegal to post any illegal, hazardous or poisonous substance
This is how long it will take for the wind industry to add energy to the grid
SAWEA has asked for clarity on the planned sequence, to ensure that momentum is not lost.
Trump Wants $1.5 Billion for Uranium Mining
The Trump administration is asking Congress for $1.5 billion over 10 years to create a new national stockpile of U.S.-mined uranium, saying that propping up U.S. uranium production in the face of cheaper imports is a matter of energy security.
Philippines lifts deployment ban to Kuwait
The lifting of the ban means newly-hired and returning skilled workers, semi-skilled workers, professionals, and household service workers can return and work in the Gulf state
LIST: Traffic schemes for Alabang, Balintawak starting February 14
The traffic adjustments will give way to construction works for the Skyway extension and Skyway Stage 3 projects
PAL, Cebu Pacific, AirAsia resume flights to Taiwan after gov't lifts travel ban
(UPDATED) Check the list of flights here
Hong Kong unveils cash handouts as virus deepens economic woes
Hong Kong leader Carrie Lam says the government will dip into its financial reserves – some of the world's healthiest – to give cash subsidies to sectors hit hardest by the crisis
No quick fix to pipeline protests, Trudeau says, as rail links severed
Prime Minister Justin Trudeau says there are no easy answers to the dispute over a British Columbia pipeline project that has sparked Indigenous protests at vital rail links across Canada.
Ontario Power Generation, Hydro One create Ivy electric vehicle charging network
Two of Ontario's biggest utilities have formed a new company to create a province-wide fast-charger network for electric vehicles.
Pipeline protests expected today, governments to meet with First Nations
Anti-pipeline protests that have severed vital freight and passenger rail links across Canada could heat up today, with the added threat of activists planning to shut down government offices in British Columbia's capital.
Demand for "Organic" Products is Growing, But Consumers Do Not Necessarily Understand What the Term Entails
Product labels offer valuable information, particularly as consumers become increasingly concerned about what is contained in the products they buy. With growing demand for clean, green, and eco-friendly products, many manufacturers have placed increased emphasis on how they market their products, b
Apocalyptic Footage Shows Massive Locust Swarm In Africa
Swarm consumes entire valley in Kenya
DealBook: Delta Plans to Go Carbon Neutral. Yes, You Read That Right.
The airline pledges to spend at least $1 billion to buy emission offsets and invest in more efficient planes, new fuel sources and carbon-capture technologies.
Jeff Bezos Buying $165 Million Estate, a California Record
The Amazon leader reached a deal for the Warner Estate in Beverly Hills with David Geffen, who has owned it since 1990.
Who’s Profiting From Your Outrageous Medical Bills?
The same people who should be fixing them.
BlackRock Becomes a Symbol for Anticapitalist Fervor in France
Suspicions that the Wall Street giant sought to influence President Macron’s overhaul of the nation’s pension system have made the company a target of protesters.
3 Steps to a Socially Conscious Portfolio
So you want your investment holdings to reflect your values and you’re confused by all the so-called E.S.G. funds. Here’s how to start.
What My Epilepsy Taught Me About the Value of Time
We know more about epilepsy than ever. But I am still trying to reckon with mine.
Northumbrian Water to challenge regulator over price controls
North East water firm wants to balance reductions to bills with environmental improvements
Ouseburn shipping container village, likened to Stack and By The River Brew, finally set to go ahead
The VESSL development will include studios for creative businesses in Ouseburn, plus cafes and a roof terrace, if it is approved by city councillors
One-way traffic schemes, lane closures set this Valentine's weekend
Plan out your routes this Valentine's weekend as several lane closures and traffic schemes will be implemented across Metro Manila
SC threatens contempt against Bharti Airtel, Voda over non-payment of dues
The Supreme Court on Friday threatened contempt proceedings against top executives of Bharti Airtel, Vodafone Idea and other telecom firms for failing to comply with its directive to pay an estimated Rs 1.47 lakh crore in past dues, and asked whether there was no law left in the country.
After SC's warning, govt orders telcos to clear dues by 11.59 pm tonight
After Supreme Court threatened contempt proceedings against top executives of of Bharti Airtel, Vodafone Idea and other telecom firms, the telecom department on Friday began issuing orders, asking firms to clear past dues immediately. The government has also asked telecom companies to pay their dues by 11.59 pm tonight
Hong Kong stocks end week higher as virus deaths fall
Hong Kong stocks edged up on Friday, as the daily death and infection tolls in the epicentre of the coronavirus outbreak returned to lower levels, following a dramatic spike the previous day. At the
Sensex rises over 200 pts; Nifty above 12,200
According to traders, domestic equities advanced tracking significant foreign fund inflow ahead of the release of wholesale inflation data.
S&P affirms India's rating at 'BBB-' with stable outlook
Fiscal deficits have exceeded the government's plan, S&P said, adding it expects limited consolidation over the next few years.
Piyush Goyal accuses West Bengal govt of depriving people of benefits of central schemes
"Prime Minister Narendra Modi has directed that projects of any state will be completed on priority if land and other requisites are made available," Piyush Goyal said while inaugurating the first phase of the East-West Metro corridor.
'No law left in country?' SC raps DoT officer on staying top court verdict on telcos' AGR dues
The Supreme Court on Friday asked Telecom companies why contempt proceedings should not be initiated against them for failing to pay over Rs 1.50 lakh crore Adjusted Gross Revenue to the Centre and
India offers U.S. dairy, chicken access in bid for elusive trade deal with Trump
Dykes said the U.S. dairy industry was looking for access in viable commercial quantities.
Why the SC rapped Department of Telecommunications desk officer over AGR order
"We will draw up contempt against everyone," said Justice Arun Mishra.
Adani group, AAI ink pacts for managing three airports
Adani group, AAI ink pacts for managing three airports Mumbai, Feb 14 ( PTI) Adani Group on Friday inked agreements with the Airports Authority of India (AAI) for the management, operations and development of Ahmedabad, Mangaluru and Lucknow airports. "Today, as we sign the concession agreements for Mangaluru, Lucknow & A'bad with the AAI, its the beginning of another historic journey catering to India's exponential airport infra demands," Adani Group chairman Gautam Adani said in a tweet.
Asian plane makers struggle to take off in crowded market
Asian plane makers have thrown huge sums at building jets but flagship projects have suffered repeated setbacks, and they face a tough time breaking into a market dominated by established players.
US brings new charges against Chinese tech giant Huawei
The indictment details efforts to steal from a half dozen companies.
Rupee slips 2 paise to 71.33 against US dollar in early trade
The rupee had settled at 71.31 against the US dollar on Thursday.
January Wholesale Price Index stands at 3.1%
The annual rate of inflation based on monthly Wholesale Price Index stood at 3.1% (provisional) for the month of January 2020 (over January 2019) as compared to 2.59% (provisional) for the previous
Government willing to do more beyond Budget to boost growth: Finance Minister Nirmala Sitharaman
The finance minister had similar interactive sessions in Mumbai, Chennai and Kolkata last week.
MoUs for investment of more than Rs 1 lakh cr are being signed: BS Yediyurappa
Karnataka Chief Minister B S Yediyurappa stated that MoUs for investment of more than Rs one lakh crore at different places in North Karnataka region are being signed. He made the announcement at
CBDT notifies forms for firms to avail lower corporate taxes
The income tax (I-T) department has notified forms for companies to avail the reduced corporate tax rates that were announced in September last year. The Central Board of Direct Taxes (CBDT) has
Coronavirus could mean $5 billion in airline losses: UN agency
"Prior to the outbreak, airlines had planned to increase capacity by nine percent on international routes to/from China for the first quarter of 2020 compared to 2019," ICAO said in a statement.
DH Deciphers: LPG gas cylinder price blast rips through middle-class budget
What has the Union Government announced? The Union government has announced an increase in the price of LPG cylinders by Rs 145-150. At the same time, for those who avail the LPG subsidy, it has
Virus fears send Wall Street down after UK finance minister quits
China has been praised by the World Health Organization (WHO) for its transparent handling of the outbreak.
PM Modi holds talks with Portuguese President Sousa
Sousa is accompanied by a high-level delegation.
'No law left in country?' SC raps DoT officer on staying top court on telcos' AGR dues
The Supreme Court on Friday directed the managing directors and directors of telcos and other firms to explain why contempt action be not taken against them for non-compliance of its order to pay
Here is how much women from other countries spend on Val’s gift Vs Nigerian women
A data company has released a statistics on how much women from different countries spend on Val's gifts including Nigerian women. StatiSense revealed that women in Thailand and the US spend more than women in most
Valentine's Day flowers: last chance for same-day flower delivery
There's still time to order Valentine's Day flowers! Here's our list for last chance same-day flower delivery.
COBOL stays top of mind for businesses in 2020
Study finds over half of organizations plan to improve existing COBOL systems this year.
Puerto Rico loses millions in email phishing scam
Authorities have frozen $2.9 million but haven't revealed how much money was stolen.
Some Apple stores in China to reopen following coronavirus fears
Apple stores in Shenzhen and Shanghai remain closed, but others resume limited operations.
Ericsson: Our 5G technology is better any anyone's
Some have claimed Ericsson is behind Huawei, but Swedish firm fights back.
Tesco under fire for blocking rival stores opening nearby
Tesco has come under fire for stifling competition in the grocery market for up to 10 years, preventing rivals from opening stores near their own. The competition watchdog said it first approached the country's largest supermarket chain on the issue in 2018 after uncovering evidence it had been stopping landlords from letting property to rivals The Competition and Markets Authority (CMA) said the supermarket may have reduced competition by unlawfully leaning on its landlords not to rent nearby sites to rivals, leaving shoppers worse off. The watchdog stopped short of fining Tesco because it is unable to do so under current rules.
Worried About Retirement? 3 Moves That'll Help You Change Your Mindset
If the idea of leaving the workforce is making you anxious, these steps are a must.
Kraft Heinz Is Still a Mess
Another disappointing earnings report shows that the company's still in disarray.
5 Ways to Prepare for a Recession
We don't know when the next downturn will hit, but we do know when to prepare for it.
3 Small-Cap Stocks With Big-Cap Potential
You may wish you had bought Axos Financial, Telaria, and Yext now if they hit their upside potential later.
Why Virgin Galactic Stock Just Popped Another 13%
Does this stock know any direction other than up?
3 High-Growth Stocks That Could Soar
Redfin, PetIQ, and Beyond Meat all have upcoming catalysts to propel their shares higher.
Most Americans Would Prefer an Unexpected Financial Challenge to a Romantic Breakup
People seem to value their hearts over their wallets, according to a new survey.
Bed Bath & Beyond's Meltdown Has Only Just Begun
The retailer’s unexpected fourth-quarter update indicates that things could get much worse before they get any better.
Bernie Sanders on Social Security: Everything You Need to Know
Here's a look at how Democratic presidential candidate Bernie Sanders would tackle Social Security's $13.9 trillion long-term cash shortfall.
Up 60% the Last 6 Months, This Cloud Company Just Boosted Its Growth Prospects
Important new partnerships will materialize over the next few quarters.
Amazon Prepares to Launch (Another) Grocery Store Chain
The e-commerce giant is trying something different that's ... sort of ordinary.
Here's Why Everyone Should Be Rooting for Shopify
Shareholder or not, a new e-commerce movement is great for small businesses around the globe.
Amazon May Have Finally Cracked This Huge Retail Category
The company's decade-long efforts to make inroads in this $700 billion category may be starting to pay off.
3 Stocks That Will Only Break Your Heart
A display chip designer, electric-car maker, and space travel upstart are hot names this year, but they could cool down at this point.
7 Stock Market Sweethearts You'll Want to Call Your Own
It's easy to adore these great businesses.
3 Reasons Why DexCom's Q4 Update Delighted Investors
The medical-device maker delivered good news across the board for the quarter.
Look to Water Utilities for Steady Growth
The utilities sector has been the No. 2 performer so far this year. And with estimates of up to $1 trillion needed for water infrastructure replacement, it looks poised to grow.
6 Tax Deductions You Can Claim Without Itemizing
You don't need to itemize to reap these lucrative tax breaks.
66% of Older Workers Will Experience This Devastating Retirement-Planning Setback
It's a risk that nobody can completely avoid.
FTSE 100 ends week lower after week AstraZeneca, RBS results
UK blue-chip shares fell for a second day on Friday after AstraZeneca and RBS reported underwhelming results, while investors remained unsettled because of concerns over the impact of the coronavirus outbreak on the global economy.
Jet buyers back Boeing-Embraer deal as Airbus expands reach
SINGAPORE — Some of the world’s biggest aircraft buyers are urging the European Union to clear Boeing’s tie-up with Embraer, fearing Embraer’s commercial aviation business would struggle on its own now Airbus has swallowed its main competitor in regional jets.
Belarus to Russia: We'll siphon off your transit oil to Europe if necessary
MINSK — Belarus threatened to siphon off oil from Russia’s transit pipeline to Europe unless Moscow restarted crude supplies and accused the Kremlin on Friday of using energy prices as leverage to try to swallow up its former Soviet neighbor.
Nvidia shares surge on signs of machine learning boom
Shares of Nvidia Corp rose 6% on Friday after the chipmaker stunned analysts with strong quarterly results and joined rivals Intel Corp and Advanced Micro Devices Inc in predicting strong demand for chips used in the latest generation of data centers and AI.
Euro rebounds as U.S. stocks drop, growth concerns remain
NEW YORK — The euro bounced against thegreenback on Friday as U.S. stocks declined from record highs,though concerns about growth in the eurozone are expected tokeep weighing on the single currency.
EU launches anti-dumping investigation on China aluminum products
LONDON — The European Commission has opened an investigation into whether China is dumping aluminum extrusions, products widely used in transport, construction and electronics, in the European Union, it said on Friday.
Singapore PM says recession possible due to coronavirus outbreak
SINGAPORE — Singapore’s economy could enter recession due to the blow from the coronavirus outbreak, its prime minister said on Friday, adding that the city-state was bracing for a “significant” hit in the coming quarters.
Appili Therapeutics Announces Upsizing of Previously Announced Equity Offering
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATESHALIFAX, Nova Scotia — Appili Therapeutics Inc.
Zuckerberg accepts Facebook may pay more tax in different places - Politico
MUNICH — Facebook Chief Executive Mark Zuckerberg accepts that global tax reforms mean the social networking giant may have to pay more taxes in different countries, Politico reported, citing excerpts of a speech he is due to give on Saturday.
Maxar Technologies to Host Investor Briefing on March 4, 2020
WESTMINSTER, Colo. — Maxar Technologies (NYSE:MAXR) (TSX:MAXR), a trusted partner and innovator in Earth Intelligence and Space Infrastructure, today announced that members of senior management will present an overview of the Company’s business, recent financial results, and strategic priorities on March 4, 2020, beginning at 8:00 a.
Canopy Growth shares surge after reporting smaller-than-expected loss
To pacify investors impatient for profits, Canopy and its rivals started the year by announcing a wide range of cost reductions
Zuckerberg accepts Facebook may pay more tax outside U.S. - Politico
MUNICH — Facebook Chief Executive Mark Zuckerberg accepts that global tax reforms mean the social networking giant may have to pay more taxes outside of the United States, Politico reported, citing excerpts of a speech he is due to give on Saturday.
Kevin Carmichael: Bombardier may have failed, but at least it tried to win
Kevin Carmichael: A humbling time for one of Canada’s great enterprises
Frederick Koch, low-profile Koch brother, dies at 86
Frederick Koch, who kept a low profile as an arts benefactor rather than joining the family oil business that became Koch Industries, has died, according to the New York Times. He was 86.
Canopy Growth says more cost cuts coming as it reports $124M loss
Canopy Growth Corp. is planning further cost cutting as it works to achieve positive cash flow and profitability, the cannabis producer's new chief executive said Friday as it reported a $124.17-million loss in its third quarter of 2020.
Tesla prices its second offering of stock at US$767 apiece
Tesla priced its second offering of stock at US$767 apiece Friday.
CannTrust names new CEO as it works to restore licences lost from non-compliance
CannTrust Holdings Inc. says it has appointed its chief financial officer, Greg Guyatt, to be its CEO as the company works to come back from the fallout of its operation of unlicensed grow rooms.
CPP Investment Board posts 3.6 per cent rate of return for its third quarter
The Canada Pension Plan Investment Board says it earned a return of 3.6 per cent during its most recent quarter, after expenses.
RBS changes name to NatWest in bid to shed legacy of bailout
The majority state-owned U.K. bank RBS announced a name change on Friday as it tries to leave behind its near-collapse during the 2008 financial crisis.
Via trains at standstill as talks to end blockades get rolling
Anti-pipeline protests that have derailed vital freight movement in eastern Ontario and passenger rail travel across Canada are continuing Friday, with the added threat of activists planning to shut down government offices in British Columbia's capital.
Belarus leader says Russia insists on merging the two states
The president of Belarus said Friday that Russia insisted on merging the two states during last week's talks on further integrating the countries' economies.
Fashion mogul Peter Nygard accused of rape, sex trafficking by 10 women in class-action lawsuit
Ten women have filed a class-action lawsuit against wealthy Canadian fashion mogul Peter Nygard accusing him of rape and sex trafficking, with many of them claiming they were under the age of 18 at the time of the alleged assaults.
Peter Nygard accused of sexual assault by 10 women in class-action lawsuit
Canadian clothing mogul Peter Nygard is facing a class action lawsuit by 10 women who have accused him of sexual assault and sex trafficking, including several who were under the age of 18 at the time of the alleged incidents.
Renault sales and earnings drop in tough market
France's Renault saw its sales and earnings drop last year and says 2020 will be tough due to the need for investment in new technologies just as the market is shrinking.
Financial infidelity: 1 in 5 Canadians keep money secrets from their partner
While love is in the air for some this Valentine’s Day, a new survey finds that secrets are too with one in five Canadians admitting to engaging in financial infidelity.
Aphria Stock Isn’t Profitable Enough to Be Worth the Risk
Aphria's results indicated that its profitability is weakening. As a result, Aphria stock is unattractive at this point.
What’s It Going to Take for Zillow to Get Back to $150?
Zillow Group’s latest partnership with regional homebuilders could help Z stock and ZG stock get to $150. Here’s why.
Collect on Rite Aid’s Short-Term Bullishness
My regular readers know I never want to buck the tape, or go against the action in the market, which is why I am recommending a bullish call option on Rite Aid Corporation (NYSE:RAD).
Coronavirus Fears Gifts an Attractive Price for Qualcomm Stock
Although the coronavirus and declining China sales pose problems for QCOM, they could be temporary headwinds.
If You Like Fuel Cell Energy, Bloom Energy Might Be The Safer Bet
While FCEL stock is an interesting play, FuelCell Energy reported disappointing Q4 2019 results, making Bloom Energy the safer play.
Positive Earnings Look as If They’re Already Priced in to Teva Stock
Teva stock rose 9% after a positive earnings report. But after $3 billion in cost-cutting, investors may be looking for additional revenue.
Income and Growth Investors Will Benefit as CVS Adopts Managed Care
CVS stock should attract both income and growth investors as it leads the trend of managed care against competitor UnitedHealth.
Risks Remain, but Amarin Stock Is a Buy at Today’s Prices
With the competition floundering, Amarin stock could soar if Vascepa lives up to expectations. There's plenty of upside left on the table.
3 Big Stock Charts for Friday: Dollar General, IPG Photonics, and American Eagle
In this market, winners have run and losers have stayed stuck. These big stock charts focus on three names in between.
Is It Finally Time to Be a Believer in Tesla Stock?
With Tesla stock, it isn’t all about the high profile arguments from the bulls and bears. Here's what you should pay attention to.
7 U.S. Stocks to Buy on Coronavirus Weakness
As bad it is, the coronavirus is a short-term problem. It will pass, and when it does, these beaten-up stocks will rebound in a big way.
Z Stock Could Win but the U.S. Might Not
Demographic megatrends presents a massive tailwind for Zillow, but housing affordability is a metric to watch.
Apple Stock is a Tasty Breakout Candidate
Apple stock is itching to join the Nasdaq in overbought territory. Here's how to play the looming breakout with AAPL options.
9 Food and Restaurant Stocks to Dine In On
Should the economy keeping rolling like it is, these nine food and restaurant stocks to buy will likely surprise many investors.
7 Micro-Cap Stocks That Could Double
Hidden micro-cap gems are hard to find, unless investors screen for value and strong revenue growth.
Amazon Stock Is a Buy if Not for the Coronavirus
But it’s the coronavirus, not the tremendous spike in market value, that investors should be worried about in the nearer term.
The Interview That Should Terrify Owners of Freeport-McMoRan Stock
Freeport-McMoran stock works on paper. But higher cash flow will go to a management team that's already destroyed billions in value.
3 Defense Stocks for Geopolitical Turmoil
International conflict can bring investing opportunities. Here are three defense stocks to consider in these uncertain times.
JD.com is Still a Better Pick Than Alibaba Stock
Alibaba's China retail business is slowing and it will likely be hit hard by the coronavirus. That makes JD a better pick than Alibaba stock.
Play the Contrarian And Buy the Dip in Under Armour Stock
UAA stock plunged on awful fourth quarter numbers from the athletic apparel maker, but the sell-off feels overdone.
It’s Time to Plug into PLUG Stock
Another deal and a technical big deal on the price chart puts PLUG stock into buying position for continued momentum.
Could Micron Stock Run Up to Its 20-Year-Old High Near $97?
MU stock is trying to repeat the breakout it had in 2017. If so, there could be enough upside potential to possibly break a 20-year-old high.
STMicroelectronics Waiting on the IoT
STM stock has risen 85% over the last six months as it beat analyst estimates and predicted continued improvement in 2020
Could Beyond Meat Stock Beef Up Your Portfolio?
As Beyond Meat stock is already up significantly in 2020, it may be time to take some money off the table.
Bike Sharing Program Leaves UCSB
The HOPR Bike Share company has ended its contract with UC Santa Barbara and plans to leave by spring break, reports The Daily Nexus.
Online scam reveals a lack of controls
Experts say that the possible theft of $4.1 million in public funds shows problems in public administration systems and that cybercrime continues to accelerate
Improving cybersecurity is imperative
As the custodian of the people's property and their most confidential information, the government has the responsibility to have secure and safe cybernetic systems, with maximum internal controls and administrative protocols that effectively prevent any fraudulent action.
Apple Reopens Beijing Stores With Limited Hours, Temperature Checks [Video]
Apple reopened its five stores in Beijing today.
EU jobs commissioner: Workers must have right to disconnect
’We’re not robots,’ says Nicolas Schmit.
Google leaves court bruised, not broken
The case is a test for Commission competition chief Margrethe Vestager’s approach to reining in big tech.
VW boss says no to coal, yes to Fridays for Future
‘If Germany does not make progress on the phase-out of coal, we cannot expect others to do so either,’ writes Herbert Diess.
EFCC probes alleged diversion of N3b in Kwara _ The Nation Nigeria
The Economic and Financial Crimes Commission (EFCC) said it is probing alleged diversion of over three billion Naira by the past administration...
Take a walk into the past – or into the future – with thrilling Bangkok Design Week
The Nation / ANN It’s bigger, better, more interesting and extra exciting. The third edition of Bangkok Design Week, ongoing until this Sunday (February 9), has expanded to three more areas – Samyan, Thonglor-Ekkamai and Ari-Pradipat in addition to the main Charoenkrung-Talad Noi – and features unseen places and compelling experiences coupled with mesmerising pieces of creative design.
We ordered Valentine's Day flowers from eight of the best online flower delivery services – and ranked them best to worst
Which flower delivery service has the biggest, freshest, best Valentine's Day flowers right now? We put the leading options to the test
#SONA2020: Renewable energy sector celebrates pledge to bid window 5
The South African Wind Energy Association, along with the broader renewable energy sector have welcomed the announcement that bid window 5 will open soon.
Students tell all about Open Africa Power 2020 experience
Three students that participated in Enel Foundation's Open Africa Power 2020 programme, give their impression of the programme.
AfDB refutes World Bank President’s remarks on Africa’s debt profile
The AfDB responds to World Bank President's David Malpass recent remarks about multilateral development banks contributing to Africa’s debt profile.
518 job offers made to 428 students at IIM-Bangalore
Strategy consulting and product management continue to be the most sought after roles, followed by Finance and General Management.
Manipur CM announces state budget estimate of over Rs. 20,000 crore
Biren Singh informed the House that revenue expenditure is estimated at Rs 16,445 crore. As such, the capital outlay is estimated at Rs 3,356 crore, which is an increase of Rs. 397 crore over revised estimates of 2019-20.
Tripura prepares for NPR, to collect data through mobile app only
A team of nearly 11 thousand people will be deployed to work on NPR mechanism in the state, part of which is already functional. The data will be collected in Tripura from May 16 to June 29, 2020.
Kerala Nirmal Lottery NR-160 Today Results announced: First Prize is worth Rs 60 lakh!
Kerala Nirmal Lottery NR 160 Today Results: The first prize winner is ticket number NF-101793 which bagged a whopping Rs 60 lakh. The second prize was drawn by ticket number NJ-293905 which bagged Rs 5 lakh.
After J&K visit, EU wants India to lift remaining restrictions swiftly
Noting the "positive steps" initiated by the union government to restore normalcy in the region, the EU spokesperson said the visit presented a "welcome opportunity" to see the situation on the ground and to interact with local interlocutors in Jammu and Kashmir.
Punjab: Just one MLA volunteered to pay tax on salary drawn from govt
CM had appealed to them to do so two years ago, as it would save the strained exchequer Rs 52 lakh; MLA Kuljit Singh Nagra says he pays Rs 80,000 as tax each year
Tamil Nadu Budget: AIADMK govt focuses on flagship welfare schemes, education
he Chief Minister K Palaniswami-led government, which has been implementing a slew of welfare schemes announced the formation of a not-for-profit special purpose vehicle to finance and manage the Amma Unavgam, the pet project of Former Chief Minister J Jayalalithaa and allocated Rs 100 crore.
AGR-hit Vodafone Idea postpones Q3 analyst call
The filing, in late evening on Thursday, said the new date of the call will be intimated separately but did not give any reason for the postponement.
Copies of ‘anti-farmer’ Budget burnt in 19 Punjab districts
To facilitate MNCs and corporates, the Modi government has proposed cluster farming, one district one crop and one corporate for marketing, which will hit the farmers hard, the protesters said.
U.S. DOJ indicts Huawei for racketeering and stealing trade secrets [Update: Huawei response]
The U.S. has charged Huawei with stealing trade secrets in a new 16-count indictment handed down this week. The firm is also accused of violating sanctions by covertly trading with states like Iran and North Korea.
Fiat Chrysler halts production in Serbia over China disruption
MILAN, Feb 14 — Fiat Chrysler (FCA) said today it had temporarily halted production at its Serbian plant due to disruptions related to components sourced from China, where businesses have been hampered by the outbreak of a new coronavirus. Planned downtime at the Kragujevac plant in Serbia, where...
Taliban, Afghan forces clash despite talk of breakthrough in peace deal
KABUL, Feb 14 — Afghan government forces and Taliban insurgents waged war against each other in the past 24 hours despite US officials saying there had been a breakthrough in recent days in peace talks to end the 18-year-old conflict. While negotiators from the warring sides pressed on with...
Minister: Malaysia to cut red tapes, streamline investment process
KUALA LUMPUR, Feb 14 — Malaysia will be undertaking extensive reforms of the investment process to improve the ease of doing business for both foreign and domestic investors, the Ministry of International Trade and Industry (MITI) said. “Investors can expect red tape to be cut, bureaucracy to...
Hunt on for ‘patient zero’ who spread Covid-19 globally from Singapore
SINGAPORE, Feb 14 — As lion dancers snaked between conference room tables laden with plastic bottles, pens, notebooks and laptops, some staff from British gas analytics firm Servomex snapped photos of the performance meant to bring good luck and fortune. But the January sales meeting in a luxury...
Cruise industry shuns Asia, seeking to limit Covid-19 risks
BANGKOK, Feb 14 — The plight of the cruise ship off Japan with more than 200 coronavirus infections and the shunning of another luxury liner by five ports despite no known cases has led to a sharp change in tack for an industry in shock: avoid Asia. To that end, many cruises in the region are...
Covid-19: DPM confirms foreign ships refusing to share essential info barred from docking in Malaysia
PUTRAJAYA, Feb 14 — Malaysia will not allow any foreign vessel that refuses to share essential information to dock in the country, Datuk Seri Dr Wan Azizah Wan Ismail said today amid reports of recent attempts by two Hong Kong cruise ships. The deputy prime minister said the decision was made in...
Ringgit ends higher versus US dollar
KUALA LUMPUR, Feb 14 — The ringgit closed marginally higher against the US dollar today, tracking the performance of regional peers amid concerns on the Covid-19 outbreak. At 6pm, the ringgit was quoted at 4.1360/1400 versus the greenback from 4.1390/1420 yesterday. FXTM market analyst Han Tan...
Petrol, diesel prices up
KUALA LUMPUR, Feb 14 — The retail prices of RON97 and RON95 petrol will be higher by two sen per litre, at RM2.36 and RM2.06, respectively, for the week beginning midnight tonight up to Feb 21. A Finance Ministry statement said the price of diesel will be higher by six sen per litre,...
Supreme Court orders Indian telcos to pay US$13b or face action
NEW DELHI, Feb 14 — India’s Supreme Court today ordered top telecom companies to pay US$13 billion (RM53.8 billion) in unpaid spectrum and licensing fees by March 17 or face punishment in a fresh blow to ailing mobile carriers. Shares in Vodafone Idea, which said it would be hardest hit by the...
S&P 500, Dow little changed amid Covid-19 worries; Nvidia forecast buoys Nasdaq
NEW YORK, Feb 14 — The S&P 500 and the Dow barely moved today, as worries over an economic hit from the coronavirus outbreak refrained investors from making big bets ahead of a long weekend, while gains in Nvidia shares kept the Nasdaq in positive territory. Adding to the downbeat sentiment...
Carney says business must come clean quickly on climate
LONDON, Feb 14 — Bank of England Governor Mark Carney called on the world’s businesses to publish strategies for cutting carbon emissions and adopting cleaner power sources by November, when world leaders meet in Scotland for UN-led climate talks. “It’s not just green assets and divestment...
Ants, bats and birds evicted for new German Tesla plant
BERLIN, Feb 14 — US electric car giant Tesla began clearing forest for its first European “Gigafactory” near Berlin yesterday, and is now racing against the clock to rehouse ants, birds and hibernating bats. Workers have started clearing a 92-hectare area of forest at the site in Gruenheide...
Veterinary Dept to use bait laced with anti-rabies vaccine to lure stray dogs in Sarawak
KUCHING, Feb 14 — The federal Veterinary Department will introduce bait laced with anti-rabies vaccine as a new strategy against the spread of the disease among stray dogs in the state, its director-general Datuk Dr Quaza Nizamuddin Hassan Nizar said today. “We want to use this in areas with...
Singapore PM Lee: Covid-19 outbreak expected to last longer than SARS and cause greater economic impact, but life has to go on
SINGAPORE, Feb 14 — While it took four months before the Severe acute respiratory syndrome (SARS) was fully eradicated from Singapore back in 2003, Prime Minister Lee Hsien Loong said the Covid-19 outbreak is expected to last longer, with a greater impact already hitting the economy. However, Lee...
Renault plans US$2.2b ‘no taboos’ cost cuts after first loss in a decade
PARIS, Feb 14 — Renault’s first loss in a decade triggered a no-taboos commitment to cut costs by €2 billion (RM9.1 billion) over the next three years from the carmaker today, as it tries to put the Carlos Ghosn affair behind it. As ex-Volkswagen brand manager Luca de Meo prepares to take...
Philippines to lift Taiwan travel ban imposed over Covid-19
MANILA, Feb 14 — The Philippines has lifted a travel ban that was imposed on visitors from Taiwan in a bid to control the spread of the coronavirus, and will evaluate other restrictions including those on Macau, government officials said today. The decision followed a warning by Taiwan, which has...
US January industrial output falls on weather, Boeing drop
WASHINGTON, Feb 14 — US industrial production fell 0.3 per cent in January as unseasonably warm weather held down the output of utilities and Boeing Co slowed production of civilian aircraft, the Federal Reserve said today. The Fed said manufacturing production fell 0.1 per cent in January,...
Cleanliness of wet markets only at 40pc, says minister
PASIR PUTEH, Feb 14 — The cleanliness level of most wet markets in Malaysia hovers around 40 per cent, said Housing and Local Government Minister Zuraida Kamaruddin. In view of this, she called on traders and customers to change their attitude and habits, especially...
Covid-19 infections: Ministry receives 250 complaints about face masks
KUCHING, Feb 14 — The Domestic Trade and Consumer Affairs Ministry has received 250 complaints concerning face masks in the wake of Covid-19 infections. Its Deputy Minister Chong Chieng Jen said the highest number comprised 181 complaints concerning expensive prices, while the other complaints...
Bursa Malaysia ends higher on news of stimulus package
KUALA LUMPUR, Feb 14 — Bursa Malaysia ended higher today as market sentiment was lifted following news that the government will unveil an economic stimulus package to address the Covid-19 outbreak on February 27. At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 5.30 points to its intraday...
RBS profit surges, as bank’s new CEO sets climate goal
LONDON, Feb 14 — Royal Bank of Scotland today said its net profit almost doubled last year to £3.1 billion, as new chief executive Alison Rose placed climate at the top of her agenda. Rose said in the earnings statement that she planned also to roughly halve the size of the Edinburgh-based...
Plastics tax, carbon-trading cash to cover EU’s Brexit gap, officials say
BRUSSELS, Feb 14 — Top European Union official Charles Michel proposed today filling the Brexit gap in the EU’s next long-term budget with revenue from a new tax on plastics and funds from trading carbon emissions. Presenting a so-called negotiating box, which will form the basis of intense...
US core retail sales unchanged in January
WASHINGTON, Feb 14 — US consumer spending appears to have slowed further in January, with sales at clothing stores declining by the most since 2009, which could raise concerns about the economy’s ability to continue expanding at a moderate pace. The Commerce Department said today retail sales...
Covid-19 hits Chinese health workers as economy limps back to life
BEIJING, Feb 14 — The new coronavirus has infected 1,700 Chinese health workers and killed six, authorities said today, as businesses struggled to balance containment measures with a return from an extended post-holiday break. Authorities reported 5,090 new cases in mainland China, including more...
Shell confirms Singapore Covid-19 case, sends staff home after another scare
SINGAPORE, Feb 14 — Shell said today a contractor working at its Singapore refinery had contracted Covid-19, as the city state reported its biggest jump in new cases so far. The oil giant said earlier it had sent some staff home from its main office in Singapore after discovering another employee...
Politico: Zuckerberg accepts Facebook may pay more tax in different places
MUNICH, Feb 14 — Facebook Chief Executive Mark Zuckerberg accepts that global tax reforms mean the social networking giant may have to pay more taxes in different countries, Politico reported, citing excerpts of a speech he is due to give on Saturday. Cross-border tax rules are set to be...
Euro skids to new low ahead of GDP data, dollar shines
LONDON, Feb 14 — The euro eased to another nearly three-year low today as investors worried about slowing growth momentum in the euro zone ahead of an estimate of how its economy performed in the fourth quarter. The European single currency has lost 1 per cent so far this week and is on track for...
‘Grinding Into Her Buttocks’: PNC Bank to Pay Millions to Black Employee After Allegedly Failing to Protect Her from White Customer’s Harassment
PNC Bank could have to pay a pretty penny to settle a case of workplace sexual harassment after a former employee says the bank failed to shield her from
Binance Adds 15 Fiat Currency Options for Purchasing Crypto
Binance’s debit and credit card partner Simplex is now offering 15 more fiat currencies that are supported for purchasing Bitcoin, Ether and others.
Report: Middle East and Africa’s Blockchain Spending to Surge 400% by 2023
The International Data Corporation projects that Middle East and Africa’s blockchain spending would surge from $21 million in 2019 to $105 million by 2023.
US Intelligence Community Sees Crypto As a Threat to the Greenback
The U.S. Office of the Director of National Intelligence is seeking a researcher to model risk scenarios for how and why the dollar could lose its global supremacy.
Bitcoin Tweets Reach 2-Year High as $10K Fuels Google Interest Surge
Twitter users churn out 75,000 posts mentioning Bitcoin in a single day, as price action sees mainstream consumers pay fresh attention.
Trader: Ethereum Can Hit $440 But Indicator Warns Altcoin ‘Overbought’
“Serious resistance” should trigger above $400 as General Strength Indicator suggests Ether is at its most overbought since May 2019.
Price Analysis Feb 14: BTC, ETH, XRP, BCH, BSV, LTC, EOS, BNB, XTZ, ADA
A deeper correction may have to wait as many major cryptocurrencies are looking strong and their uptrend is likely to continue.
OKEx Expands Into India’s Crypto Market via Partnership With Local Exchange
Despite the ongoing uncertainty toward crypto regulation in India, major global crypto exchange OKEx has just made another push in the country’s market.
Expert: Venezuelan Oil Production Currently at 1945 Levels
The oil-rich nation of Venezuela is producing its lowest output of oil in 75 years, according to professor Rafael Quiroz.
Consumer Sentiment Soars on Improved Optimism and Best Income Gains Since 1960
Consumer sentiment climbed again in early February, moving toward the highest level in 15 years. | Economy
German Economy Slumps, Exports Fall, Underlines Eurozone Woes
Growth ground to a halt at the end of the year in Germany, Europe´s largest economy, as manufacturing remained in a slump and exports fell.
Leftist Pipeline Protests Shuts Down Canadian Rail Networks
Two Canadian rail networks are suspending trains as protestors continue blockades against a natural gas pipeline project.
High-Tech Shortages Loom As Coronavirus Shutdowns Hit Manufacturers
There are now more than 45,000 confirmed cases of the coronavirus dubbed COVID-19 by the World Health Organization, and the disease has caused at least 1,115 deaths. The impact of the virus is now reaching way beyond public health: China is at the heart of global manufacturing, and as supply chains suffer, panic is...
Hasbro And Parker Brothers' Godzilla Monopoly And Jenga Are Real
Sometimes, we dare to dream of a better tomorrow—a brighter world, hope for the generations beyond us, of a happier and more just society that works for the good of all instead of a chosen few. Sometimes, we dare to dream that our licensed tie-in board games will be better than they probably will turn out to be....
Apple reopens Beijing stores with temperature checks, limited hours, crowd control
Beijing's Apple Stores are open for about half the hours that they are normally, and are subjecting visitors to temperature checks and maximum occupancy limits because of the coronavirus outbreak.
Apple Stores in Beijing screening customers, limiting crowds due to coronavirus
After reopening five of its Apple Stores in Beijing, China, Apple is screening potential customers at the door due to concerns with the coronavirus.
Warren Buffett loses $1 billion in 2 days after Kraft Heinz disappoints again
Warren Buffett took a $1 billion loss as Kraft Heinz stock plunged 11% in two days. Berkshire Hathaway's 27% stake in the food giant shrank in v...
Consumer sentiment hits highest level since 2018 despite coronavirus outbreak
American consumers were increasingly optimistic about the economy this month despite a deadly viral outbreak. The University of Michigan said Fr...
Star fund manager's bet on $4.3 billion worth of Argentine debt is dangerously close to unraveling
Franklin Templeton and its star money manager, Michael Hasenstab, have $4.3 billion worth of Argentine bonds as the country marches towards rest...
Mike Bloomberg once said taking too much money from the rich and giving it to the poor was a bigger problem than income inequality
Bloomberg once said in 2018 that taking too much money from the rich was a bigger problem than income inequality. 'I think income inequality is ...
Water main repairs to clog traffic around McCully Street | Honolulu Star-Advertiser
Board of Water Supply repair work continues today on a damaged 30-inch main at McCully and Young streets, which will affect traffic in the area.
Lawmakers open groundwater fight against bottled water companies
Washington state, land of sprawling rainforests and glacier-fed rivers, might soon become the first in the nation to ban water bottling companies from tapping spring-fed sources.
Q&A: Coronavirus likely to infect the global economy
The rapid development of China's coronavirus crisis coincided with the annual idling of much of the country's economic activity due to the Lunar New Year break, which typically runs for a week or two. ...
Lewis pays tribute to predecessor as a ‘good friend’
Julian Smith was sacked as Northern Ireland Secretary during Thursday’s Cabinet reshuffle.
Google-backed Digital Academy hailed a huge success
A four-month Shropshire Digital Skills Academy supported by Google has been hailed a massive success – with plans already in place to run it again later this year.
Royal Bank of Scotland to be renamed after 293 years
The Government-controlled bank will become NatWest Group and agreed to a 5p-a-share special dividend after profits hit £4.2bn last year.
Shropshire care specialist awards staff pay rises
A company has decided to smash through the current salaries for care staff and introduce pay rises of up to 55 per cent above minimum wage.
Plans go in for new Newtown Aldi store
A new supermarket is set to be built on the site of a former car dealership.
Tesco rapped for ‘unlawfully’ blocking competition
Twenty three of the company’s 5,354 leases stopped competitors opening stores nearby, the competition watchdog found.
Salaries and wages commission develops five-year strategic plan
Ifeanyi Onuba, Abuja The National Salaries Incomes and Wages Commission has developed a five-year strategic plan to enable it achieve its mandate. The Acting Chairman of the Commission, Ekpo ...
Kobe Bryant: Investigation reveals how pilot was distracted during flight
Ara Zobayan, the pilot of the Sikorsky S-76B helicopter that crashed on January 26 in Calabasas, killing Basketball Legend, Kobe Bryant; his daughter, Gianna and seven others was distracted while o...
NNPC employs 1,050 out of 60,000 candidates
’Femi Asu The Nigerian National Petroleum Corporation has announced the recruitment of 1,050 graduate trainees. The NNPC said in a statement, on Friday, that it had concluded its 2019/2020 em...
N11.5bn fraud: Absence of witnesses stalls Alao-Akala’s trial
The trial of a former governor of Oyo State, Adebayo Alao-Akala, and two others for alleged N11.5billion fraud was on Friday stalled, due to the absence of the prosecution witnesses. The Economi...
20 killed in central Mali village
Twenty people were killed in an overnight attack on a village in central Mali, a local official said Friday, in an apparent bout of ethnic violence in the war-torn state. "We have 20 dead. Som...
Facebook’s Zuckerberg wants ‘new framework’ for digital tax
Facebook founder and CEO Mark Zuckerberg on Friday backed moves by the OECD group of free-market economies to reform the way online giants are taxed worldwide, even if that means companies like his...
21 states reject $18 billion opioid settlement offer from drug wholesalers
More than 20 state attorneys general on Friday penned a letter rejecting an $18 billion settlement offer from three major drug wholesalers meant to end litigation against their role in the opioid
Trump to meet with top business executives during India visit
President Trump will meet with executives of Indian companies with business interests in the United States during his visit to New Delhi this month,
20 killed at ethnic flarepoint in central Mali
Twenty people were killed in an attack overnight on a village in central Mali, local officials said Friday, in an apparent spate of ethnic violence in the deeply troubled region.
Africa's wealthiest man, Aliko Dangote, acquires additional shares worth $3.99 million in his Cement business
Africa's wealthiest man, Aliko Dangote, has acquired additional shares worth $3.99 million (N1.45 billion) in his publicly-listed company, Dangote Cement.
Kenyan lovebirds to cough more to buy roses as cost shoot through the roof
Kenyan lovebirds planning to buy a bouquet of roses this valentine will have to dig deeper into their pockets.
Questions as Uhuru promises govt support in building Moi's Sh45 billion private hospital
Mzee Moi died after building the foundation of the mega hospital
Ghana raking more benefits after receiving flights for other countries due to poor visibility caused by unexpected harmattan
Ghana has begun raking some benefits after receiving aircraft bound for other West African countries but could not land there due to the harmattan haze.
420 matatu Saccos in trouble after getting exposed by NTSA
420 matatu Saccos in Nairobi operating illegally
Biggest jump in world defence spending in 10 years: study
Global spending on defence rose by four percent in 2019, the largest growth in 10 years, led by big increases from the US and China, a study said Friday.
5G-Ready iPhone 12 Might Ship Without 2×2 MIMO Support, Resulting in Slower Upload Speeds
A new report states that one of the many iPhone 12 features to not be present is 2x2 MIMO support, resulting in crippled upload speeds
Apple Stores Employees in Beijing Are Now Screening Customers Due to the Coronavirus Threat
With the coronavirus threat rampant, Apple Store employees are limiting customer entrance while also screening them in the process
MCMC warns certified Android TV box suppliers not to offer illegal streaming
The Malaysian Communications and Multimedia Commission (MCMC) has issued a warning to all Android TV box suppliers not to misuse the SIRIM and MCMC labels. It emphasised that certification for such media boxes does not cover applications that permit illegal streaming of copyright content.
New Digi users can soon get the Samsung Galaxy S20 with RM0 upfront
After we’ve posted about the Samsung Galaxy S20 pre-order offer from Digi, the yellow telco has reached out to us to clarify on the hefty advance payment requirement. In our original post, we highlighted that Digi’s PhoneFreedom 365 instalment plan is demanding an upfront payment of over RM3,000 for new customers despite promising RM0 upfront as one of its key highlights.
Another rate cut early March, stimulus package end-February?
KUALA LUMPUR: The expectation of a monetary policy adjustment, on top of a fiscal stimulus package, to boost Malaysia’s economy soon is getting higher.
Passengers on cruise ship turned away over Covid-19 fears disembark in Cambodia
SIHANOUKVILLE, Cambodia: Passengers on a cruise ship that spent two weeks at sea after being turned away by five countries over Covid-19 coronavirus fears started disembarking in Cambodia on Friday.
Malaysia's modest GDP growth in line with neighbouring countries: Azmin
KUALA LUMPUR: Malaysia’s modest gross domestic product (GDP) growth of 4.3 per cent last year is considered better than some of its neighbours, said Economic Affairs Minister Datuk Seri Azmin Ali.
TRB Ventures targets over RM8bil in property deals this year
KUALA LUMPUR: TRB Ventures Sdn Bhd is targeting over 50 per cent increase in new property sales to 21,000 units worth over RM8 billion this year via its property marketplace platform, MHub.
Dr M to announce economic stimulus package on Feb 27
KUALA LUMPUR: Prime Minister Tun Dr Mahathir Mohamad will announce an economic stimulus package on Feb 27 to mitigate the adverse external economic impacts brought about by the Covid-19 outbreak.
Ringgit lower against US dollar in early trade
KUALA LUMPUR: The ringgit opened lower against the US dollar in early trade today on weak buying interest due to weaker-than-expected fourth-quarter 2019 gross domestic product (GDP) results.
The 5 Best Finance Apps For Your Phone
The Fintech revolution is upon us. A product of technological developments pushing financial services into the next (or, arguably, the current) realm, ‘Fintech’ has spawned countless apps, websites, services and solutions, many of which are aimed at improving the financial life of consumers who have previously...
The Two-Step Path To Financial Independence
If you’re interested in financial independence, whether you want to see if you can accumulate enough capital to retire early or just want the kind of financial stability that lets you live your life as you choose, there’s a two-step path to getting there....
Ajimobi sues his successor Seyi Makinde, others over revocation of landed property
Oyo state governor, Seyi Makinde is currently being sued by his predecessor Senator Abiola Ajimobi over the revocation of the former governor’s landed property in Ibadan, the state capital.
The five key features in Blender 2.82
Discover the key changes in the latest update to the 3D software, from fluid simulation to USD and UDIM support.
Watch as Apple employees check the temperature of Beijing store customers
A video has emerged from Apple's Sanlitun store in Beijing following its reopening, showing customers entering the store wearing masks and having their temperature checked.
Forever 21's $81 Million USD Bankruptcy Deal Gets Preliminary Court Approval
“Clearly, this is the only bid, and the alternative is liquidation, which is certainly not in anyone’s interest.”
Xi's pick to save China from virus is loyalist who lured Tesla
Barely a month ago, then-Shanghai Mayor Ying Yong was sharing a stage with Elon Musk to celebrate the release of Tesla Inc.’s China-built Model 3 sedans -- the sort of glitzy honor that comes with leading the financial hub of the world’s second-largest economy.
The Daily Chase: Rail blockade fallout continues; Canopy rallies as revenue surges
CN said yesterday it has begun an “orderly shutdown” of its network in Eastern Canada, which forced Via Rail to halt service on all but two of its routes across the country as blockades continue to impede rail traffic.
CPPIB reports 3.6% rate of return after expenses in third quarter
Net assets for the Toronto-based fund manager grew to $420.4 billion as of Dec. 31, up from $409.5 billion at the end of the previous quarter.
Canadian home sales up 11.5% compared with 2019: CREA
The Canadian Real Estate Association says home sales rose 11.5 per cent in January compared with a year earlier to reach the highest sales figures for the month in 12 years, even as new listings remain constrained.
Virgin Galactic's record-breaking week doesn't stop short-sellers
Richard Branson’s Virgin Galactic Holdings Inc. may close at another record on Friday after hitting new highs every day this week, but bearish bets are climbing too.
Amazon axes delivery partners in U.S.; hundreds of jobs cut
An Illinois company that rapidly expanded over the past two years to deliver packages for Amazon.com Inc. is shuttering operations in five states and letting go hundreds of drivers after failing to meet the e-commerce giant’s standards.
Is professional investment advice worth the fees?
Determining the value of professional investment advice is a catch-22. While professional guidance has proven to boost returns over time, the cost of paying for it also eats away at those returns over time.
Boeing and engineering union agree on new, extended contract
The board of SPEEA will recommend the proposal to its 18,000 members in the Puget Sound area.
US manufacturing output hit by Boeing troubles, slips 0.1%
Excluding the production of airplanes and parts, factory production rose 0.3%.
ASIC sends a message about takeover laws
Takeover law is a high-stakes game, and the criminal charges levelled against Jan Cameron show the regulator clearly wants to make a strong point.
Sexism claims rock giant farm exporter
A former board member has accused the chairman of Australia's biggest wheat exporter of making sexist remarks during an industry event in Melbourne.
The numbers that could reward the RBA's optimism
Upbeat company profit results, better readings from consumers and another record sharemarket high are backing the Reserve Bank's optimistic view on the economy.
AMP embarks on 'whole of wealth' cross-sell
The strategy unveiled by the AMP CEO has seen Bell Potter put a Buy recommendation on the stock for the first time in four years.
The inside story of a gas deal gone bad
ASX-listed Horizon Oil went from challenging a strongman in PNG to ignoring corruption warnings and paying a shell company $US10.3 million.
Horizon Oil hired disgraced lobbyist in PNG
The ASX-listed company at the centre of corruption allegations in Papua New Guinea hired a lobbyist who was found guilty of stealing public money.
Nest-egg nerves: the challenge facing super funds
With consistently good returns under their belt, how well prepared are super funds for a downturn?
It's how to hit climate targets that matters
Business has taken the lead in propelling Australia towards net zero carbon emissions by 2050.
Why fund management companies are surging on the ASX
Investing in fund management companies is back in favour after a year of uncertainty. Now the money managers are in the money.
Advertising giants face ACCC inquiry into market power
Concerned about market concentration, the Morrison government has ordered an inquiry into the conduct of digital giants such as Google and Facebook, and global advertising agencies.
Hitting the target: business tries to break the deadlock on climate
Growing support for a net zero emissions target is heaping pressure on the government and Labor to adopt more ambitious climate policies.
Cashed up super funds hunt for buying opportunities
Unisuper and Hostplus say they are sitting on elevated piles of cash and any major sell-off in equity markets sparked by the coronavirus will come as a buying opportunity.
These 15 matchmaking and social media startups want to change how we connect
The first thing that comes to mind when we think of social platforms and matchmaking is usually dating apps, but the potential of matchmaking algorithms goes way beyond making personal connections. Sometimes all you’re looking for is a developer with the right tech skills to get your fantasy project off the ground, or someone who […]
What’s venture capital and why does it matter for startups?
The term 'venture capital' is often thrown about in the tech startup world, but do you know what it means and how it works?
Satoshi Nakaboto: ‘Man charged with operating $300M money-laundering Bitcoin ‘mixer’’
Our robot colleague Satoshi Nakaboto writes about Bitcoin BTC every fucking day.
Biggest Family Offices Get Direct Access to Trading Desks
Family offices with assets of at least $1 billion are increasingly bypassing private bankers to deal directly with investment bank trading desks, a Citigroup Inc. executive said.
Software Maker Toast Raises Funds at $4.9 Billion Valuation
Toast Inc., which makes point-of-sale technology for restaurants, raised $400 million at a $4.9 billion valuation in a fundraising round led by investors including Bessemer Venture Partners and TPG.
Kraft Heinz’s Junk Downgrade Rekindles Bond Market Jitters
Kraft Heinz Co., the iconic food giant created in a merger five years ago, was downgraded to junk by two credit raters, raising fresh worries among investors that a slowing economy could threaten the broader corporate bond market.
GM Scrambles to Shield U.S. Plants From Virus Disruption
General Motors Co. is working to maintain the flow of parts to some of its most profitable U.S. plants to keep them from becoming the next factories idled by the coronavirus spreading in China.
States Reject Opioid Makers’ $18 Billion Settlement Offer
21 U.S. states are rejecting an $18 billion offer by McKesson Corp. and other opioid distributors to resolve nationwide litigation over their handling of the highly addictive painkillers, according to people familiar with the talks.
Larry Ellison Joins Peter Thiel In Trump’s Camp
It will be interesting to see who else—if anyone—from the Silicon Valley elite follows Ellison.
Tesla Sold Shares at Steepest Discount It’s Ever Given Investors
Tesla Inc. investors who got in on Thursday’s share sale received the steepest discount the electric-car maker has offered in its 10-year history as a public company.
New Jersey’s American Dream Mall Readies for Its Ultimate Test
Two decades in the making, the American Dream mega-mall is about to open its doors to shoppers. The question is how many will show up.
Dairies Are Desperate to Get Americans to Drink Milk Again
Facing an unprecedented and protracted slump in demand, the industry is coming up with all sorts of innovations.
Labor Unions Need All the Help They Can Get
The House just passed a bill making it easier for workers to organize. It doesn’t go far enough.
Xi’s Pick to Save China From Virus Is Loyalist Who Lured Tesla
Barely a month ago, then-Shanghai Mayor Ying Yong was sharing a stage with Elon Musk to celebrate the release of Tesla Inc.’s China-built Model 3 sedans -- the sort of glitzy honor that comes with leading the financial hub of the world’s second-largest economy.
In Hot U.S. Jobs Market, Half of College Grads Are Missing Out
Millions of Americans are seeing little return from their expensive college degrees -- even in today’s hot jobs market.
In the Face of New, 100% Tariffs, What Spirits to Stock Up On Now
Whiskies, cognac, Campari, bottles of Champagne—America’s favorite European wine and spirits may soon be out of reach for consumers
Flat oil price offsets weaker Rand in projected March fuel price drop
Rand’s weakening against the US Dollar, as well as the mentioned flatter oil price, points to a decrease of between 14 and 25 cents a litre for petrol.
Nigeria has potential to feed Africa’s 1.2 billion people — Ecobank
Ecobank says Nigeria has the capacity to feed Africa’s estimated 1.2 billion people if it harnesses the gains of the agricultural value...
Proposed $3.3bn external borrowing is to finance 2020 budget, Eurobond ― DMO
By Elizabeth Adegbesan The Debt Management Office (DMO) has clarified that the proposed $3.3 billion external borrowings is meant to finance part of the 2020 budget deficit of N2.18 trillion and refinance the federal government’s Eurobond maturing in January 2021. The DMO disclosed this yesterday in a press statement released on its website. In DecemberRead More
FG transfers oil assets, OML 98, from PanOcean to NPDC
The Federal Government, yesterday, transferred ownership of Oil Mining Lease, OML, 98 to the Nigerian Petroleum Development Company, NPDC,
ICAO forecasts $4-5 billion hit to first-quarter airline revenue from virus
ICAO forecast global airline revenue could fall by $4bn to $5bn in the first quarter due to flight cancellations linked to the coronavirus
FG transfers oil assets, OML 98, from PanOcean to NPDC
The Federal Government, Friday, transferred ownership of Oil Mining Lease, OML, 98 to the Nigerian Petroleum Development Company, NPDC
Philippines to lift Taiwan travel ban imposed over coronavirus
The Philippines on Friday lifted a travel ban that was imposed on visitors from Taiwan in a bid to control the spread of the coronavirus, and
Men want more than underwear on Valentine’s Day
A cross-section of men in the Federal Capital Territory (FCT) on Friday said that women should give them valuable gifts for the Valentine Day
Plateau SUBEB opens bid for 130 projects
The Plateau State Universal Basic Education Board (SUBEB) on Friday opened bid for the award of contracts for the execution of 130 projects
Minimum Wage: Kogi workers to get better deal — NLC Chairman
Kogi NLC Chairman, Onuh Edoka has charged workers in the state to remain resolute as the labour leader struggle for the new minimum wage...
Yobe approves N220.7m for payment of LG retirees
Yobe Governor, Mai Mala Buni has approved N220.7 million for the payment of retirement benefits to180 retirees from the 17 local government
NPA empowers Enugu women, youths with vocational skills equipment
THE Nigeria Ports Authority, NPA, has empowered over 100 women and youths of Umuaram-Ikem, Isi-Uzo local government area of Enugu state
Facebook’s Zuckerberg wants ‘new framework’ for digital tax
Facebook founder and CEO Mark Zuckerberg on Friday backed moves by the OECD group of free-market economies to reform the way online giants...
Lufthansa cancels China flights through to late March
German airline giant Lufthansa said Friday it would prolong its suspension of flights to the Chinese mainland until March 28 over the...
US brings new charges against Chinese tech giant Huawei
US Justice Department has added new criminal charges against Chinese tech giant Huawei and several subsidiaries, as announced Thursday.
Breaking: Lagos closes 16 companies over N126.19m tax evasion
The Lagos State Internal Revenue Service(LIRS) on Friday announced that it had closed 16 companies in the state over alleged failure to
African Development Bank says World Bank chief’s criticism ‘misleading’
The African Development Bank on Thursday pushed back against World Bank President David Malpass’ comments that it and.”
Spring has arrived in Aizpute
Spring has already begun in the Aizpute greenhouse where the first pansies have already been picked and the momentary sunshine is enough for the microgreens to sprout, according to a Latvian Radio broadcast on February 13.
The IMF will Present the Results of its Regular Mission to Bulgaria
The International Monetary Fund will present the results of its regular mission to Bulgaria. Experts have been in the country since February 4, and traditionally, they have had a number of meetings with government representatives, BNB, business and non-governmental organizations.
New £1.4m council house development completed in Stanley
The supply of council housing in Perth and Kinross has been boosted with the completion of a new £1.4million development in Stanley.
Some Abertay students ‘can’t afford food’ as university defends rent rises
Abertay University has defended its decision to increase student rents amid claims some students are struggling financially.
Farmers urged to stick heads above parapet to build trust
Farmers and those working in the agriculture industry must get better at telling their story as a means of building public trust in the sector and the goods it produces.
After SC rap, DoT orders telcos to clear dues by 11.59 pm today
The DoT, which faced the ire of the Supreme Court for putting on hold recovery of dues from telecom companies, started issuing circle or zone-wise demand notices to firms.
Coronavirus outbreak: SpiceJet suspends Delhi-Hong Kong flights from Feb 16-29
The flights from Delhi to Hong Kong in China have been suspended from February 16-29. IndiGo and Air India have already suspended all their flights between India and China.
Coronavirus: India Inc will shiver if China can't contain outbreak
Efforts to contain the coronavirus outbreak within next three to four months will be critical as it would determine the fate of many industries around the globe, including in India.
Valentine credit data crackdown delivers kiss of death for online fraud
User-initiated bans bite from today.
US accuses Huawei of stealing trade secrets, assisting Iran
Tracking of protesters alleged in latest indictment against, escalating tensions.
Canada's Telus to launch 5G network with Huawei gear - Financial Post
Will use Chinese gear "out of the gate".
USD/CAD slides to 2-week lows, further below mid-1.3200s
The USD/CAD pair maintained its offered tone through the early North-American session and dropped to fresh two-week lows, around the 1.3235 region in
EUR/USD: Love is in the bearish air
EUR/USD has been extending its losses, trading at the lowest since April 2017. Yohay Elam, an analyst at FXStreet analyzes the technical perspective o
AUD/USD pares early gains, turns flat above 0.67 as focus shifts to US data
The AUD/USD pair closed the first three days of the week in the positive territory but turned south on Thursday amid resurfacing worries over the coro
SNB's Zurbruegg: Risk on Swiss banks from rising property prices is not too high
"Risk on Swiss banks from rising property prices is not too high," Swiss National Bank's Vice-Chairman Fritz Zurbruegg said on Friday. "Affordability
NY Fed's GDP Nowcast drops to 1.4% for first quarter of 2020 from 1.7%
The US economy is expected to expand by 1.4% in the first quarter of 2020, the Federal Reserve Bank of New York's latest Nowcasting Report showed. "Ne
US Dollar Index Price Analysis: Correction lower could test the mid-98.00s
DXY is shedding some ground after reaching fresh yearly peaks in the proximity of 99.20 earlier on Friday. The current overbought levels in the dollar
German EcoMin: Economy is still experiencing a period of weakness
The German Economy Ministry is out with its assessment of the economy after the fourth quarter 2019 GDP showed stagnation. Key Quotes: German economy
EUR/JPY Price Analysis: Scope for a drop to 117.00
The bearish note around EUR/JPY remains unchanged for the time being, encouraging the cross to breach the key support at 119.00 the figure. While belo
Japan: GDP to have turned negative – Standard Chartered
Japan is scheduled to release preliminary Q4 GDP data on 17 February, trade data for January and core machine orders for December on 19 February and C
USD/JPY: Aiming 110.00 again
Japanese Tertiary Industry Index came in negative for December but beat expectations, while US Retail Sales and Michigan Consumer Sentiment will close
USD/JPY drops below 109.80 after uninspiring US data
The USD/JPY pair lost nearly 15 pips with the initial reaction to Retail Sales and Industrial Production data from the US and touched a session low of
USD/CAD drops below 1.3250 as WTI rebounds above $52
The USD/CAD pair continues to react to crude oil's performance in the absence of significant macroeconomic data releases on Friday. As of writing, the
EUR/USD depressed near 1.0830 ahead of EMU data
After bottoming out (and printing fresh 2020 lows) in the 1.0830/25 band, EUR/USD has managed to regain some poise, trim part of the daily losses and
USD/INR New York Price Forecast: Greenback looking for directions vs. rupee
Following the 2018 bull-run, USD/INR has been consolidating in a rectangle pattern. The spot is trading above the main weekly simple moving averages (SMAs), s
Russia: Structural reforms needed to support growth – ABN Amro
Economy outlook for the Russian country improved last year but still lacks the structural ingredients to steam a high growth environment, according to
Oil: St. Valentine brings affection – TDS
There are some risks to be dealing with it yet but energy markets are taking a relaxed St. Valentine’s day, according to analysts at TD Securities. Br
WH adviser Kudlow: Trump administration may propose 10% middle-class tax cut
The Trump administration may propose a 10% middle-class tax cut when they reveal the next tax plan in September, White House economic adviser Larry Ku
Eurozone Prelim GDP arrives at 0.1% QoQ in Q4 vs. 0.1% expected
After Germany flirted with a recession in the final quarter of 2019, the Eurozone economy steadied in the fourth quarter, the latest figures released
Atlanta Fed's GDPNow drops to 2.4% from 2.7% for first quarter of 2020
The real gross domestic product (GDP) in the United States is expected to expand by 2.4% in the first quarter of 2020, the Federal Reserve Bank of Atl
GBP/USD: Spending will not alleviate Brexit pressure – Rabobank
The cable gained some traction yesterday following the resignation of the Chancellor Sajid Javid, but analysts at Rabobank are still seeing hurdles in
GBP/USD drops to session lows, risks breaking below 1.30 mark post-US retail sales
The GBP/USD pair held on to its weaker tone and dropped to fresh session lows, around the key 1.30 psychological mark in reaction to the latest US mac
Netherlands: GDP grew 0.4% in all quarters of 2019 – ABN Amro
Gross domestic product (GDP) increased in the fourth quarter in the same numbers as did in the previous quarters of 2019. Senior economist at ABN Amro
When are US monthly retail sales figures and how could they affect EUR/USD?
Friday's US economic docket highlights the release of monthly retail sales figures, scheduled at 13:30 GMT. Consensus estimates point to modest growth
Mexico: Banxico changes style as cut rates – TDS
Banxico has substantially changed the style of its monetary policy decision statements. February’s rate cut has introduced somewhat more hawkish eleme
NZD/USD extends sideways grind below 0.6450 ahead of US retail sales data
After rising toward the 0.6500 handle on the back of the Reserve Bank of New Zealand's hawkish policy outlook on Wednesday, the NZD/USD pair lost its
AUD/USD steadies above 0.6700, looks to snap six-week losing streak
The AUD/USD pair is struggling to make a decisive move in either direction on Friday and continues to fluctuate in a relatively tight range above the
Gold: Investors keep the bright metal with fondness
The yellow metal is ending the week with modest gains around $1,575.00 a troy ounce, recovering some of the ground it lost in the previous one. Valeri
Indonesia: BI to stay on hold – Standard Chartered
Indonesia will release trade data on 17 February and the Bank of Indonesia (BI) will hold its monthly meeting on 19-20 February. Economists at Standar
GBP/USD faces a probable move to 1.3160 – UOB
In light of the recent price action, Cable could now move to the 1.3160 region, in opinion pf FX Strategists at UOB Group. Key Quotes 24-hour view: “A
Wall Street opens slightly higher following mixed US data
Wall Street's main indexes started the day slightly higher on Friday as investors assess the latest batch up of macroeconomic data releases from the U
US: UoM Consumer Confidence improves to 100.9 in February from 99.8
The University of Michigan's Survey of Consumers revealed that the Index of Consumer Sentiment in February improved to 100.9 (preliminary) from 99.8 i
USD/CAD rebounds from session lows, trades above 1.3250
The USD/CAD pair dropped to a daily low of 1.3233 during the early trading hours of the American session but easily erased a large portion of its loss
Oil: Energy sector up – ANZ
Crude oil was able to shift pressure and the market looks like convenient with the latest news about coronavirus. WTI trades at $51.75, ANZ Research r
China's Xi: Ensuring safety and health of people is a major task
"We need to mend the loopholes exposed in this coronavirus outbreak," China's President Xi Jinping told the Chinese state television on Friday. "Ensur
GBP/USD: Pound sparkling with the new romance on Downing Street
The cable is holding onto gains triggered by the replacement of the Chancellor of the Exchequer. Us consumer confidence and Brexit will also be eyed t
USD/JPY remains within a consolidative theme – UOB
FX Strategists at UOB Group expect USD/JPY to stay side-lined for the time being. Key Quotes 24-hour view: “We highlighted yesterday ‘USD could ease f
Gains in AUD/USD look limited for the time being – UOB
FX Strategists at UOB Group believe AUD/USD will likely move into a consolidative phase in the next sessions. Key Quotes 24-hour view: “Our expectatio
Gold in search of a firm direction, stuck in a range around $1575 region
Gold lacked any firm directional bias and oscillated in a narrow trading band around the $1575 region through the early European session on Friday. A
GBP/JPY Price Analysis: Faces rejection near two-month old descending trend-line
The GBP/JPY cross failed to capitalize on the previous session's goodish intraday positive move and witnessed a modest pullback during the early Europ
Rouble rate is important factor in Russia's position on OPEC+ deal – Reuters
Russian oil companies are worried about the risk of a higher rouble rate due to the planned sales of Sberbank, Reuters reported on Friday, citing a so
Base metals still have demand – TDS
Analysts at TD Securities have confidence in the base metals and expect prices for copper, aluminum and lead heading north. Key quotes “There's still
Indonesia: IDR limited pressure in the wake of a rate cut – TDS
Low inflation and slower growth are the reasons cited by strategists at TD Securities to forecast a rate cut of 25 basis points in Indonesia. This mea
USD/CHF retakes 0.9800 mark, 1-1/2 month tops
The USD/CHF pair climbed to 1-1/2 month tops during the early European session on Friday and was now seen extending the momentum further beyond the 0.
EUR/GBP bounces off 2020 lows, around 0.8320
The sterling is correcting lower following the moderate pick-up on Thursday and is helping EUR/GBP to bounce off recent yearly lows in the sub0.8300 r
EUR/CHF: SNB does not find love in prices – Rabobank
The Swiss National Bank (SNB) has the mandate to maintain CPI inflation near 2% on a yearly basis but is currently running at just 0.2%. CHF’s strengt
Copper: Car sales to hit the red metal – ANZ
A move below $5,700/t was near before base metals were able to recover. There are still troubles on the horizon for the red metal as auto sales in Chi
Hungary: No room to counter a deep downturn – ABN Amro
Anke Martens, a senior analyst at ABN Amro, reviews the current situation of the Hungarian economy, expecting a slowdown. EUR/HUF is trading at 335.02
Proposed EU 2021-2027 budget at 1.074% of EU GNI, or 1.095 trillion euros
Chairman of EU leaders proposed the next EU 2021-2027 budget at 1.074% of the EU's gross national income (GNI), or 1.095 trillion euros, Reuters repor
Singapore reports nine new coronavirus cases – Reuters
Singapore has reported nine new confirmed cases of coronavirus infections, the biggest daily jump, on Friday, lifting the total count in the country t
GBP/USD Price Analysis: Pound easing from weekly high, trades above 1.3000 figure
Following the October and December bull-run, GBP/USD is trading in a rectangle consolidation above its 100/200-day simple moving averages (SMAs). The spot is e
EUR/USD tests daily highs around 1.0850 post-US data
The shred currency has recovered the smile at the end of the week, with EUR/USD now navigating the upper end of the daily range around 1.0850. EUR/USD
EUR/USD New York Price Forecast: Euro off 34-month lows post-US Retail Sales
EUR/USD is trading in a weak bear trend below the main daily simple moving averages (SMAs) as the quote is bouncing off 34-month lows. The US Retail Sales Cont
WTI climbs to fresh two-week highs above $52
The barrel of West Texas Intermediate (WTI) fell below the $51 handle on Thursday but recovered a large portion of its losses to close the day at $51.
BOE’s Carney sees silver lining after Brexit hit to UK economy
The outgoing Bank of England (BOE) Governor Mark Carney warned over the economic risks of the UK leaving the European Union (EU), in an exclusive inte
US: Unconvinced retail sales data
The United States has just released retail sales data and the numbers were slightly higher but failed to convince the market, Joseph Trevisani from FX
IMF's Georgieva: Coronavirus is big uncertainty today for world economy
The coronavirus outbreak is a big uncertainty for the world economy, International Monetary Fund's (IMF) Managing Director Kristalina Georgieva said o
Canada: CPI inflation is projected to firm to 2.4% in January – TD Securities
Previewing next week's macroeconomic data releases from Canada, "CPI inflation is projected to firm to 2.4% in January on a combination of a 0.3% m/m
EUR/JPY challenges 119.00 ahead of US data
The persistent soft tone surrounding thje European currency in combination with the stead pace in the Japanese safe haven are forcing EUR/JPY to trade
Canada: Housing market is back – NBF
Economists at the National Bank of Canada Financial markets summarize the situation of the Canadian housing market which has recovered since a year ag
Gold Price Analysis: XAU/USD trading in 10-day highs near $1580.00/oz
XAU/USD is trading in a bull trend above the main daily simple moving averages (SMAs). Gold is rising in a bull channel while the market is being supported ab
USD/CNH: Side-line trade expected to persist – UOB
There is still scope for USD/CNH to extend the current consolidation in the next weeks, according to FX Strategists at UOB Group. Key Quotes 24-hour v
Russian oil firms favor extending than deepening output cuts - S&P Global Platts
Citing the Chiefs of Russia’s oil giants, S&P Global Platts reports that a majority of the Russian oil companies back the case for oil output cut exte
USD/CHF Price Analysis: Greenback off fresh 2020 highs, trades above 0.9800 figure
USD/CHF is easing after hitting new 2020 highs this Friday. The quote is trading below the 100/200-day simple moving averages suggesting an overall bearish bia
Gold struggles to move into positive territory, trades around $1,575
The troy ounce of the precious metal rose $8 on Thursday but seems to be having a tough time stretching higher on Friday. As of writing, the XAU/USD p
Czech Republuc: Healthy economy – ABN Amro
Anke Martens from ABN Amro summarize the situation of the Czech economy which has good health. EUR/CZK trades at 24.7815 as has fallen since January.
US: Retail Sales rose 0.3% in January as expected
Retail Sales in the US increased by 0.3% on a monthly basis in January following December's 0.2% growth, the advanced data published by the US Census
EUR/USD Price Analysis: The focus shifted to the 1.0814 level
The sell-off in EUR/USD seems to have met some (lasting?) contention in the 1.0830/25 band, or new 2020 lows recorded during early trade. The increasi
EUR/USD: Extending losses
US consumer data will be the main focus today following disappointing German economy data, Yohay Elam from FXStreet reports. The EUR/USD pair is tradi
GBP/USD: Bulls asking out the pound
Gains on the cable are set to continue as technical indicators point at that, according to an analyst at FXStreet Yohay Elam. Key quotes “The four-hou
USD/JPY Price Analysis: Consolidated in a range, awaits US retail sales for fresh impetus
The USD/JPY pair extended its sideways consolidative price action through the mid-European session on Friday and remained confined in a narrow trading
US Dollar Index Price Analysis: DXY grinds to fresh 2020 highs, challenges 99.20 resistance
The US dollar index (DXY) is trading near its highest since October while trading well above its main daily simple moving averages (SMAs). DXY is spiking to t
US Dollar Index challenges daily lows near 99.00, U-Mich in sight
The US Dollar Index (DXY), which tracks the buck vs a bundle of its main competitors, remains on the defensive at the end of the week and is now flirt
US: Industrial Production declined 0.3% in January vs. -0.2% expected
Industrial Production in the US declined 0.3% in January, the data published by the Federal Reserve showed on Friday. This reading came in slightly wo
USD/TRY: CBRT rate cut will not impact the lira – TDS
The Central Bank of the Republic of Turkey (CBRT) will announce on Wednesday, 19 February its policy rate. A rate cut is expected for economists at TD
Japan: GDP will see a severe contraction – Westpac
Economists forecast a sharp drop in Q4 GDP for Japan, Westpac Institutional Bank reports. USD/JPY is trading at 109.805 after rising since the start o
FOMC minutes unlikely to include new revelations on near-term outlook – TD Securities
"The minutes are unlikely to include any major new revelations on the near-term outlook relative to what was said in the press briefing and this week'
AUD/USD: Recovery not guaranteed
AUD/USD has been on the rise amid a calmer market mood. However, technically, the pair shows signs of a short-term drop, according to Yohay Elam from
China's securities regulator to ease refinancing rules to help companies fight coronavirus
China Securities Regulatory Commission (CSRC) has announced that it will be easing refinancing conditions to help listed companies fight the coronavir
USD/CAD slides to mid-1.3200s, reverses Thursday’s positive move
The USD/CAD pair extended its steady intraday slide and refreshed daily lows, around mid-1.3200s during the early European session on Friday. The pair
Facebook purges more fake accounts from Russia, Iran
Facebook has removed three networks of accounts, Pages, and Groups for engaging in foreign or government interference on Facebook and Instagram that
India's curbs on Malaysian palm imports stir up edible oil trade
"A rebalancing is happening in the palm oil market," says a Mumbai-based dealer with a global trading firm.
Turkey ready to work on CPEC projects, says President Erdogan alongside PM Imran
Calls for increasing bilateral trade between the two countries to $1 billion, before bringing it up to $5 billion.
International Education Institute involved in major data breach
The Institute of International Education, an educational organization that operates 200 leading international scholarship programs, left sections of its database unprotected and open to public search. Vinay Sridhara of Balbix looks into the issue.
Q&A: Why local government needs unified communications
With state and local government agencies are frustrated by tight budget restrictions, outdated technology and slow processes, the answer is in a unified communication strategy.
Biggest jump in world defence spending in 10 years: study
Global spending on defence rose by four percent in 2019, the largest growth in 10 years, led by big increases from the US and China, a study said Friday.
RompHim goes out of business
RompHim, the rompers-for-men company that achieved viral success a couple of years back, is going out of business. CNN reports that the initial focus on marketing to straight bros limited their app…
Consulting firms lead recruitment at IIM Bangalore
The lateral and final placements for the PGP Class of 2018-20 of the Indian Institute of Management Bangalore (IIMB) saw 518 offers, leading to all 428 students who appeared for placements being placed over three interview days.
New H-1B application process begins March 1
Employers that rely on foreign national talent face new electronic filing system and modified registration timeline for FY 2021 filing period.
Do you want us to wind up SC?: Top court fumes at govt, telcos over non-payment of AGR dues
'We don't know who is creating this nonsense. Is there no law left in the country? It is better not to live in this country and rather leave the country,' the bench observed.
After SC rap, DoT withdraws order seeking no coercive action against defaulting telcos
The department's move came after the Supreme Court directed the managing directors and directors of telcos and other firms to explain why contempt action be not taken against them.
Jaguar Land Rover launches new discovery sport
The desirability of the exterior design continues into the cabin. The refined interiors lend a sense of calm, as one enters the vehicle.
TN budget 2020-21 highlights: State's economy was strong despite global slowdown, says OPS
Tamil Nadu achieved growth of 8.1 per cent in 2018-19, says Deputy Chief Minister O Paneerselvam in his state budget speech.
Photo of the Day: Coronavirus valentine bouquet
The bouquet has surgical masks and hand sanitizer ready for unwell lovers
TSMC becomes first Taiwan individual stock added to Global Islamic Indexes
Taiwan’s semiconductor manufacturing giant expects more business opportunities from Middle East
Philippines scraps coronavirus Taiwan travel ban
Manila says Taiwan had imposed strict measures against spread of Wuhan virus
Airbus fined €3.6bn for global bribery scandal
One of Bristol's biggest firms used bribes to stack the decks in its favour and win contracts around the globe
Plan to sell Portishead retirement flats dubbed 'Olditz' on the open market scrapped
Developer PegasusLife says it is evaluating its next steps for the retirement apartment block
Tax reform, policy uncertainties to cause oil drop in Nigeria, WoodMac warns
A new report by consultancy firm, Wood Mackenzie, has disclosed that Nigeria’s crucial energy sector could experience a 35% decline in oil output.
Mobility in Africa, breaking new grounds
As Africa enters a technology revolution, the pace of urbanisation will increase, and the ever-pressing issue of mobility will increase with it.
FIRS boss, Nami discloses why FIRS failed to meet revenue target under Fowler
The reasons why the FIRS failed to attain its tax revenue projections under former Executive Chairman, Babatunde Fowler, has been disclosed.
CBN condemns receiving foreign currency in transfers
CBN has lamented the rate at which international money transfers are done in foreign currencies by Nigerians, saying it is detrimental to naira.
FG shares N8.15 trillion with states, others in 2019
N8.15 trillion of the Federation Account distributions was reportedly shared by the Federal, States and Local Governments in 2019.
Standard Life Aberdeen boss Keith Skeoch confirmed as new chair of Investment Association
Standard Life Aberdeen chief executive Keith Skeoch has been appointed as the new chairman of the Investment Association (IA), whose members manage some £7.7 trillion of assets.
How to produce a funky French house track
Make a Daft Punk-style house tune
Why “De-growth” Shouldn’t Scare Businesses
There’s opportunity in an economy that produces and consumes less.
Interim EconMin Popescu in Mangalia: I am very pleased with how Damen Shipyard developed
Interim Minister of Economy, Energy and Business Environment Virgil Popescu has stated on Friday, during a visit paid to the Damen Mangalia...
Romanian economy slows down to 4.1 percent in 2019
The Romanian economy slowed down to 4.1 percent last year, after 4.4 percent in 2018 and 7.1 percent in 2017, show flash estimates released by...
Volume of construction works, up almost 28 pct, in 2019
The volume of construction works increased last year by 27.6 pct as compared to 2018, as gross series, according to data released by the...
This Is How The New Delhi Railway Station Will Be Transformed Under The Redevelopment Programme
Here’s how it will look after the station redevelopment project is complete.
Why Yogi Adityanath Wants India And Nepal To Know About Women Workforce Of This Naxal-Affected Village
Flowers and leaves offered at temples, which were earlier discarded, are now being recycled, claims the CM.
SC Comes Down Heavily On TELCOs For Not Paying AGR Dues, Asks Withdrawal Of Centre‘s Order Not To Take Coercive Action
SC Comes Down Heavily On TELCOs For Not Paying AGR Dues
Rs 77.94 Crore Mega Food Park, 8 Agro-Processing Clusters To Be Set Up In Tamil Nadu: Deputy CM Panneerselvam
Tamil Nadu government has approved setting up of mega food park and eight agro processing clusters in the state, said Deputy Chief Minister O Panneerselvam.
Kaveri Project: Lack Of Testing Facilities In India A Serious Hurdle In Development Of Indigenous Jet Engine
Lack of test facilities meant the Kaveri project team had to rush to other countries to validate the components.
Karnataka HC Stays CCI Probe Into Alleged Violation Of Competition Laws By Amazon, Flipkart
The court has asked the respondents in the matter including CCI and CAIT to file their responses within eight weeks.
Five Acre Land Allocated By Yogi Govt For Mosque Is Disputed With Cases Filed By Multiple Claimants
The five acre land allocated by the Yogi Adityanath led Uttar Pradesh government as an alternate site for a mosque as mandated by the Supreme Court’s Ram Janmabhoomi verdict, is disputed with multiple claimants, Hindi News18 has reported.
Is It Time To Say ‘Goodbye, Vodafone?’ Choice Is Government Takeover Or Bankruptcy
The political cost of offering huge bailouts can be high.
Indian Ports Not To Allow Disembarkation Of Chinese Ships’ Crew To Avoid Spreading Of Deadly Coronavirus
Besides China, crew of the ships from Thailand, Singapore, Hong Kong and Macau will also not be allowed to disembark.
Netherlands to build capacity of GRA Personnel
news, story, article
GSA and NIC hold sensitisation forum on Cargo Insurance Draft Protocol
news, story, article
AGI and AMA to partner GITFIC
news, story, article
Minister calls for framework to close gender gap in energy sector
news, story, article
Free delivery, free food and discounts: local eateries fight plunging business amid coronavirus fears, Business Insider - Business Insider Singapore
Business Insider - F&B brands Business Insider spoke to said they were adopting new measures to attract customers, mainly centred around delivery and discounts.. Read more at businessinsider.sg
An inside look at the debate around pandemic bonds, which have $425 million hinging on how deadly the coronavirus ends up being, Business Insider - Business Insider Singapore
Business Insider - The World Bank called the bonds "a momentous step" in curbing disease, while a public health expert deems them "inappropriate and ineffective.". Read more at businessinsider.sg
World Bank questions Uganda’s growth with no jobs
Kampala, Uganda | THE INDEPENDENT | The World Bank has said Uganda should ask hard questions on why the country is growing but not creating enough jobs and people incomes remain stagnant. In the Economic update for Uganda launched on Thursday, the international lender said Uganda’s level of per capita income – that is money …
Traders suspend imports from China
Kampala, Uganda | THE INDEPENDENT | Traders who import most of their goods from China say they have been unable to send money for goods or fly to China as most factories supplying them are closed due to the outbreak of the coronavirus. This will likely have an impact on the prices of most of the …
USAID, UBA signs a new partnership deal
Kampala, Uganda | THE INDEPENDENT | The U.S Agency for International Development (USAID) through the Prosper Africa initiative is partnering with the United Bank for Africa (UBA) to increase two-way trade and investment between the United States and the nations of Africa. The partnership will ensure that businesses are equipped with the technical and financial …
Facebook’s Zuckerberg wants ‘new framework’ for digital tax
Paris, France | AFP | Facebook founder and CEO Mark Zuckerberg on Friday backed moves by the OECD group of free-market economies to reform the way online giants are taxed worldwide, even if that means companies like his own paying more to national governments. “We also want tax reform and I’m glad the OECD is looking …
Aldi is about to increase the price of its bag for life up to 15p
Stores in the Midlands will also scrap single-use produce bags
Two of Ontario's biggest utilities form new company to create electric vehicle charging network
Two of Ontario's biggest utilities have formed a new company to create a province-wide fast-charger network for electric vehicles.
33 per cent of us have ended, or would end a relationship because of a partner's debt: Survey
The number one financial reason cited for ending a relationship is a lack of financial honesty, such as hidden debt or purchases
Pipeline protests expected today, governments to meet with First Nations
VICTORIA — Anti-pipeline protests that have severed vital freight and passenger rail links across Canada could heat up today, with the added threat of activists planning to shut down government offices in British Columbia's capital.
Asian market helps Manulife and Sun Life in latest quarters
Both companies have offices in Waterloo Region
US brings new charges against Chinese tech giant Huawei
WASHINGTON — The Justice Department has added new criminal charges against Chinese tech giant Huawei and several subsidiaries, accusing the company of a brazen scheme to steal trade secrets from competitors in America, federal prosecutors announced T
Enbridge raises bets on U.S. Gulf Coast LNG, reports higher Q4 earnings
Calgary-based Enbridge Inc. is raising its bets on the growing liquefied natural gas export sector on the U.S. Gulf Coast by buying the pipeline that would supply the proposed Rio Grande LNG export facility.
CPP Investment Board posts 3.6 per cent rate of return for its third quarter
TORONTO — The Canada Pension Plan Investment Board says it earned a return of 3.6 per cent during its most recent quarter, after expenses. Net assets for the Toronto-based fund manager grew to $420.4 billion as of Dec. 31, up from $409.
No quick fix to pipeline protests, Trudeau says, as rail links severed
Prime Minister Justin Trudeau says there are no easy answers to the dispute over a British Columbia pipeline project that has sparked Indigenous protests at vital rail links across Canada.
CREA reports home sales up 11.5 per cent compared with a year earlier
OTTAWA — The Canadian Real Estate Association says home sales rose 11.5 per cent in January compared with a year earlier to reach the highest sales figures for the month in 12 years, even as new listings remain constrained.
CannTrust names new CEO as it works to restore licences lost from non-compliance
VAUGHAN, Ont. — CannTrust Holdings Inc. says it has appointed its chief financial officer, Greg Guyatt, to be its CEO as the company works to come back from the fallout of its operation of unlicensed grow rooms. The Vaughan, Ont.
US retail sales up a modest 0.3% in January
WASHINGTON — U.S. retail sales rose a modest 0.3% in January, a slight improvement over December, as unseasonably warm weather boosted sales at hardware stores and furniture stores.
Canopy Rivers swings to loss, withdraws guidance on industry headwinds
TORONTO — Canopy Rivers Inc. says it swung to a loss in its third quarter of 2020 and has withdrawn its full-year guidance over multiple headwinds in the cannabis industry. The venture capital arm of Canopy Growth says it had a net loss of $2.
Indian Overseas Bank to focus on MSME-lending: CEO
Laying more focus on the MSME segment, Indian Overseas Bank (IOB) will increase its lending to the sector from ₹31,000 crore at present to ₹50,000 crore in a couple of years from now, said a top offi
Open to bringing tweaks to budget and take steps beyond it, says FM Nirmala Sitharaman
Experts tell the Finance Minister that a Budget proposal could affect the demand for REITs and InvITs in India
DoT asks telecommunication companies to clear dues before midnight
15 entities owe the Government Rs 1.47 lakh crore
Novel coronavirus situation under control: Health Secretary
States such as Uttarakhand, Uttar Pradesh, Bihar, West Bengal and Sikkim bordering Nepal whave been asked to strengthen the disease surveillance
Pfizer Q3 net profit up 5 per cent to ₹139 cr
Drug firm Pfizer Ltd on Friday reported a 5.39 per cent rise in net profit to ₹139.06 crore for the quarter ended December 31, 2019. The company had posted a net profit of ₹131.94 crore for the corres
AGR fallout: Telecom tariff may go up by 20-25%
Telecom tariffs may go up by 25 per cent, as operators try to recover the money they will pay out for settling the dues related to Adjusted Gross Revenue. The SC order directing the telecom companies
India needs urgent structural reforms: IMF
India urgently needs more ambitious structural and financial sector reform measures and a medium-term fiscal consolidation strategy due to the rising debt levels while ensuring a more accommodative fi
Reliance Retail fastest growing globally: Deloitte
Mukesh Ambani-led Reliance Retail has topped the list of ‘50 Fastest-growing retailers globally between FY2013-2018’ in the Deloitte’s Global Powers of Retailing 2020 index. The Indian retailer had r
Costly onion, potato push WPI inflation to 3.1% in Jan
Both food, non-food articles inflation are expected to rise further, say experts
Forex reserves soar to record $473 b
India’s foreign exchange reserves rose by $1.701 billion to a lifetime high of $473 billion in the week to February 7 on account of the increase in foreign currency assets, according to RBI data. In t
LuLu Group to expand retail arm Tablez, consolidate hotels in India
To also set up large-format malls in Hyderabad, Lucknow and Bengaluru
Lakshmi Vilas Bank posts ₹334-cr loss in Q3
Our Bureau Private sector lender Lakshmi Vilas Bank (LVB) posted a net loss of ₹334 crore in the third quarter of FY20 when compared to the ₹373-crore net loss recorded in the same period the previous
SC pulls up DoT for non-collection of AGR dues
Airtel to pay ₹10,000 crore by February 20
SC rejects plea by telecom operators seeking more time to settle AGR dues
The Supreme Court on Friday rejected a plea by incumbent telecom operators seeking more time to settle Adjusted Gross Revenue (AGR) dues and has asked the companies to deposit dues by March 17. It wil
Ice-cream brand Rollick warming up to geographic expansion
Eyes 28% growth over next five years
IRDAI to set up common electronic platform to settle health insurance claims
The Insurance Regulatory and Development Authority of India (IRDAI) is looking at setting up a common electronic platform for settling health insurance claims.The platform, which is expected to come
From March 2021, pharma firms marketing drugs will be held responsible for their quality
Currently, only the manufacturers are held liable under the Drugs and Cosmetics Act
Only 2,200 professionals in India disclosed annual income above ₹1 crore
I-T Dept shares data on income tax returns for 2018-19 via tweets
Mining ban has shaved ₹7,000 crore off Goa’s economy, says report
Ban has severely impacted jobs, says CMIE report
AGR dues: Bharti Group to deposit ₹10,000 crore with DoT by February 20
Will pay balance dues by next date of hearing, says telecom major
Air India sale expected in first half of next fiscal: DIPAM Secretary
The deadline for submitting the EoI is March 17
Renault reports first net losses in decade for 2019
Renault also took a hit from a decline in the financial contribution of a likewise struggling Nissan
PMO to banks: NCLT cannot be escape route, refer only NPAs of over ₹200 cr
Move to prevent closure of firms and job losses
Goods exports dip 1.6% to $25.97 b in Jan; trade deficit at $15.17 billion
Coronavirus outbreak, persisting protectionism add to exporters’ woes
Vijay Mallya says ED, CBI have been ‘totally unreasonable’
Beleaguered tycoon requests banks to take back 100% of the principal amount
BPCL seeks Assam govt’s stand on buying its stake in Numaligarh Refinery
The board of Bharat Petroleum Corporation Ltd (BPCL) has decided to initiate the process of selling its 61.65 per cent stake in subsidiary Numaligarh Refinery Ltd (NRL) amidst indications that the Ass
Trends in MSME sector growth in Tamil Nadu
Most MSMEs in Tamil Nadu were set up by entrepreneurs who said that they had the skill and motivation to set up and run a unit but a fifth of the entrepreneurs reported that their inability to find a
Textile industry told to diversify to polyester to boost exports
Ravi Capoor, Secretary (Textiles), has urged the industry to diversify to polyester textile products to boost exports.His advice follows the government’s decision to abolish anti-dumping duty on P
HUL tops list of ad spenders; Amazon Online India ranks second: Report
Sports platform Dream11 makes it to top 5 in ad expenditure
India must focus on skill-based education
Initiating vocational training at the school level will make young people employment-ready and also boost India’s competitiveness
BusinessLine wins ANMI award
The Hindu BusinessLine won an award in the “Most Diversified Coverage-Newspaper” category at a ceremony organised by the Association of National Exchanges Members of India (ANMI) in New Delhi on Frida
ONGC net profit falls 50% to ₹4,152 crore in Q3
ONGC has reported a ₹4,151.63 crore standalone net profit for the third quarter of financial year 2019-2020. This is 49.75 per cent lower than the ₹8,262.7 crore profit reported in the comparable quar
Despite swelling revenue deficit, Tamil Nadu presents a tax-free Budget
Drop in Centre’s share causes strain
MSME in Tamil Nadu | An up-close view
Tamil Nadu continues to be a vibrant industrial State, with a large base of big factories and small units. The State has an estimated seven lakh registered micro, small and medium enterprises (MSME),
BPCL standalone profit zooms to ₹1,261 crore in Q3
State-owned Bharat Petroleum Corporation Ltd (BPCL) reported a standalone net profit of ₹1,260.63 crore in the October to December of FY20 from ₹495.14 crore a year ago mainly on the back of a margina
Day Trading Guide for February 14, 2020
Given below are supports and resistances for Nifty 50 futures and seven key stocks that can help in your intra-day trading:₹1241 • HDFC BankS1S2R1R2COMMENT1227121312551270Fresh short positions can be
Ho Ching: “Now is not the time to relax yet!” referring to slower spread of Covid19
Ho Ching: “Now is not the time to relax yet!” referring to slower spread of Covid19
After Lawrence Wong announces ‘strong package’ in Budget 2020, netizens respond with wishlist
After Lawrence Wong announces ‘strong package’ in Budget 2020, netizens respond with wishlist
What Do You Get When You Cross Opinion With News?
Nathan Smith - Chief Editor
New Helen Clark Foundation Report Urges Capital Gains Tax
A new report into New Zealand's shortage of affordable housing has called for a capital gains tax.
New CEO Appointed For Harraways
Mr Scott is also pleased to advise that Mr Henry Hawkins has been appointed as the new Chief Executive Officer of the Company. Henry brings a wealth of local and international experience, and knowledge of the food manufacturing sector to the Company. Harraways is fortunate to have him in this role as it embarks on its continuing journey of growth, supplying quality products to both the local and export markets.
Datacom Announces Appointment Of New Chair
Datacom Group is pleased to announce Tony Carter’s appointment as the new chair of the board following the retirement of current chair, Craig Boyce.
The OCR Should Be Cut
The Reserve Bank Monetary Policy Committee releases its next Monetary Policy Statement and Official Cash Rate (OCR) decision next Wednesday – the first we’ve heard from them since November.
Mobile BNZ Brings Banking And Low Interest Loans To Northland
BNZ Chief Customer Officer, Paul Carter, says, “Mobile BNZ ensures our customers in Northland will have the opportunity to have a quality face-to-face conversation with one of our people.
HKTDC Helps SMEs Amid Unprecedented Challenges
HKTDC Chairman Dr Peter K N Lam said Hong Kong has experienced unprecedented challenges over the past year, affecting the local political, economic and social landscape, as well as people's livelihood. Given that Hong Kong's economic outlook is already subdued because of the ongoing Sino-United States trade dispute, the weak global economy and the local social unrest over the past months, the impact of the current coronavirus outbreak could be higher than that of SARS (Severe acute respiratory syndrome) in 2003, further weakening demand in retail and catering and affecting the job market in the first half of this year.
Emergency Management Southland Keeping Watch On Weather
This is an official message from Emergency Management Southland.
“Stay Alert” Call To Business As Coronavirus Impacts Spread Across NZ Economy
Auckland Business Chamber head Michael Barnett said the plight of the education sector and its impact on many NZ communities was acknowledged.
Misguided Attempts To Improve The Housing Situation
Today there have been calls to rehash the capital gains tax argument and restrict the ability for rental property owners to borrow funds. These are misguided calls.
Contracting Is Not A "problem" That Needs "solving"
Roger Partridge - Chairman
Farmers Fear New Water Rules Could Push Them Under
William Beetham's attachment to the land he farms in the Wairarapa stretches back six generations. His family settled there in the 1850s and is regarded as one of New Zealand's farming dynasties. At one stage, the original 30-plus room Brancepeth station was the largest in the district. Beetham lives on a nearby farm and runs a beef and sheep business over the two properties. This is hilly land - baked dry and brown in the summer, but cold and wet in the winter. It is sandstone country, with easily eroded hillsides stretching down to a river - the Wainuiora - that runs along the valley. The family has been planting trees for years to keep the land from slipping.
Major Upgrade Of Constellation Bus Station Begins
Work is starting on a major upgrade to Constellation Station on Auckland’s North Shore which will see the bus station expanded and completely refitted over the next 15 months.
Rental price indexes: January 2020
The rental price indexes measure the changes in prices that households pay for housing rentals.
The 2 top British Jewish newspapers plan to merge but still publish separately
The two top British Jewish newspapers plan to merge in a move which will 'secure their financial futures.'
EXCLUSIVE: Buhari suspends NBC Director-General, Modibbo Kawu
After several months of being investigated on allegations of corruption, the Director-General, National Broadcasting Commission (NBC), Modibbo Kawu, has been suspended with immediate effect.
How to watch a month of Sky Movies and top TV for less than a fiver
Stream over 300 Box Sets including award-winning Sky Originals, plus 1,000 movies On Demand and a new premiere every day for one month on NOW TV for £4.99
Six-month extension for free parking pilot to be approved
Council bosses are due to give green light to a full calendar year of Free for Three in Paisley
Mobile banking, FinTech services under threat as critical upgrade costs soar
Digital mobile banking in Zimbabwe has matured beyond the proof-of-concept stage into mainstream adoption where it is servicing millions, driving local transact...
The Drive-Thru: The companies revolutionising retail, All-Star Weekend approaching, and layoffs at Wayfair, Walmart, and Kohl's
Hello!
Warren Buffett just lost $1 billion in 2 days after Kraft Heinz disappointed again
Warren Buffett lost more than $US1 billion this week after Kraft Heinz stock plummeted 11% in two days.
Netflix's new season of 'Narcos: Mexico' is pacing to be the franchise's most popular entry yet
“Narcos: Mexico” season two premiered on Netflix on Thursday and there are already signs that it could be the biggest entry yet in the “Narcos” series.
'A smart move': Here's what 4 Wall Street analysts are saying about Tesla's $2 billion common stock offering
Tesla announced on Thursday plans to raise $US2 billion in funds through a common stock offering.
'Almost a mass psychosis': Tesla's 250% stock rally makes no sense, Bob Lutz says
Bob Lutz has no idea why Tesla stock has rocketed more than 250% in six months.
Tesla raises $2 billion in secondary stock offering priced at $767 a share — 5% below where it's trading now
Tesla will sell 2.65 million shares of common stock for a price tag of $US767 a share, the company announced Friday. That’s a 4.6% discount on Thursday’s closing price.
Dispensed: What to expect out of biotech M&A, Medicare Advantage enrollment in 2020, and what comes next for the DNA-testing industry
Hello,
Apple is checking customers' temperatures at its stores in Beijing because of the coronavirus outbreak
Apple is checking its customers’ temperatures before they enter its stores in Beijing after reopening some stores amid the coronavirus outbreak in China.
An inside look at the debate around pandemic bonds, which have $425 million hinging on how deadly the coronavirus ends up being
A group of unique bondholders will either reap massive profits or lose hundreds of millions of dollars as the coronavirus outbreak escalates.
Warren Buffett loves using Valentine's Day to explain why See's Candies is his 'dream business'
Warren Buffett loves using Valentine’s Day to explain why See’s Candies is his “dream business.“
Dating apps see exponential growth over past eight years
With romance in the air this Valentine's Day, dating apps like Tinder are racking up huge numbers. We take a closer look. But first, Chinese tech giant Huawei is targeted with a new indictment in the…
China's Xi pledges to minimise impact of virus
BEIJING: China will definitely be able to minimise the impact of the coronavirus outbreak and will maintain the development momentum of its ...
Asian shares aim for second week of gains amid virus scare
Global shares eased on Friday, as investors were spooked by a sharp rise in the number of coronavirus cases in China this week while oil prices ...
Zuckerberg accepts Facebook may pay more tax outside US - Politico
Facebook Chief Executive Mark Zuckerberg accepts that global tax reforms mean the social networking giant may have to pay more taxes outside of ...
Coronavirus-hit Hong Kong says 'I love you' with face masks, not flowers
Hong Kong's flower markets are lamenting dismal Valentine's Day sales as the city battles the deadly coronavirus outbreak, with admirers joking ...
Samsung Electronics says its board chairman offers to resign
Samsung Electronics said on Friday that Lee Sang-hoon, the chairman of its board, had offered to resign, without elaborating on a reason.
Zuckerberg accepts Facebook may pay more tax outside US: Politico
Facebook Chief Executive Mark Zuckerberg accepts that global tax reforms mean the social networking giant may have to pay more taxes outside of ...
European shares hit record even as coronavirus shows no signs of peaking
Stock markets across the world ticked higher on Friday, even as investors debated whether China's coronavirus outbreak would cause long-lasting ...
KLM apologizes after airliner crew's coronavirus toilet note sparks outrage in South Korea
KLM, the Dutch arm of Air France KLM , offered a public apology on Friday after a crew member sparked online outrage by posting a sign in Korean ...
Shares step back as hopes of early end to coronavirus fade
Global shares eased on Friday, as investors were spooked by a sharp rise in the number of coronavirus cases in China this week while oil prices ...
Boeing to extend labor contract with engineer's union by four years
U.S. planemaker Boeing Co said it has agreed to a tentative deal with its engineers' union to extend its labor contract by another four years.
British network Three joins 5G mobile club
British network Three is rolling out 5G mobile to major cities including London, Glasgow and Birmingham from the end of the month, joining its ...
Renault cuts dividend, slices profit goal for 2020
French carmaker Renault warned that auto demand remained volatile, cut its dividend for 2019 and set a lower operating margin goal for 2020, a ...
Samsung Electronics board chairman jailed for union-busting activities offers to resign
Samsung Electronics said on Friday that Lee Sang-hoon, the chairman of its board, had offered to resign, without elaborating on a reason.
Portfolio Protection: Time Will Come When Silver Shines Brighter
This precious metal has constantly lagged behind gold, but everybody knows perfectly well the time will come when silver shines brighter.An unexpectedly long bullish market should eventually end. Havi
Construction Activity Can Signal When Credit Booms Go Wrong
The risk of a bad boom- where a rapid credit growth episode is followed by a financial crisis or subpar economic growth -increases when there is also a boom in house prices.We find that signals from c
Tactical Asset Allocation Views (February 2020)
China and the rest of Asia are likely to see the most pronounced decline in growth for Q1 2020, as economic activity is disrupted from quarantines, factories shutdowns and canceled transportation serv
Valaris February 2020 Fleet Status Report Analysis
Valaris releases its new fleet status report.There is a number of developments on the floater front, but jobs remain short-term in nature.The company also announces several rig retirements.
This 6% Yield Is Not Fat, It Is Just A Little Husky
Husky Energy has delivered one of the worst returns among the Canadian large cap energy space.At the core of the issue is the fat capex which prevent meaningful free cash flow generation.We examine th
Alnylam: RNAi Treatment Sales And Pipeline Excite But Profitability A Concern
Alnylam is chiefly responsible for a resurgence amongst RNAi based drug developers after Onpattro - a treatment for hATTR amyloidosis - was approved by FDA in August 2018.The drug achieved sales of $1
United Bancorporation Of Alabama: Annual Update On Alabama's Southern Banking Belle
United Bancorporation of Alabama has exceeded most of our expectations over the last two years. The company's operating performance has benefited from some nonrecurring items, especially awards relate
Yamana Gold: I Stay Bullish After Q4 Report
Yamana Gold reports Q4 2019 results.Higher gold prices lead to significant cash flow generation.Should gold stay at current levels, the company will have the capacity to further increase the dividend
Lonestar Resources: Likely To Be Overwhelmed By Debt Burden And Interest Costs
Lonestar is capable of maintaining production in 2020 while generating a bit of positive cash flow. Its high interest costs prevent it from being able to scale up more though. With debt at 3.9x unhedg
Dip In TrustCo Bank's Price Provides Opportunity
Earnings are expected to be unchanged in 2020 due to flat growth in net-interest income. Further, increase in non-interest income is likely to be countered by provisions charge.Quarterly dividend is e
Momo: Cheap By Any Metric
MOMO is a fast growth, Chinese tech company with a gigantic addressable market that is priced like a value stock.MOMO is cheap compared to other dating app/site companies and other Chinese social medi
Exxon Mobil: A Great American Company With A 5.66% Dividend Worth Investing In
Exxon Mobil has increased its dividend for 37 consecutive years and with yields closing in on 6% it is an income lover's dream.Exxon Mobil is positioning itself for the future as its recoverable resou
Triton International Limited's (TRTN) CEO Brian Sondey on Q4 2019 Results - Earnings Call Transcript
Triton International Limited (NYSE:TRTN) Q4 2019 Results Earnings Conference Call February 14, 2020, 08:30 AM ET Company Participants John Burns - Chief Financial Officer Brian Sondey - Chairman and C
Ford Is In The Doghouse.
Ford is once again in trouble after a poor quarter, with the share price back around $8.The dividend is well covered and the stock looks cheap, but investor sentiment is strongly against this name.Inv
U.S. Dollar Rises On Continued Flow Of 'Safe Haven' Money
The recent rise in the value of the US dollar appears to be connected with the flow of risk averse monies seeking a safe haven investment.This is not a new factor for US markets as the country has rec
Falling Oil Prices An Economic Warning Sign
Global demand has already been falling for the last several months, and oil prices are sending warnings that market hopes for a global reflation are likely not a reality.Falling gasoline prices have h
Kadant, Inc. (KAI) CEO Jeffrey Powell on Q4 2019 Results - Earnings Call Transcript
Kadant, Inc. (NYSE:KAI) Q4 2019 Earnings Conference Call February 13, 2020, 11:00 ET Company Participants Michael McKenney - EVP & CFO Jeffrey Powell - President, CEO & Director Conference Cal
Kinross Gold: Q4 Performance Puts The Company Back On Track
Kinross Gold reports Q4 2019 results.Higher gold price helps and the company delivers significant operating cash flow.Production guidance for the next year is slightly down from 2019 numbers, but Kinr
J. C. Penney Needs To Do Significantly Better Than Department Store Peers
J. C. Penney's Analyst Day is scheduled for April 7 and it is expected to provide a three-year financial outlook then.This outlook is constrained by the need to reach certain targets by 2022 in order
HubSpot: A Growth Stock For The Long Term
Shares of HubSpot rocketed up more than ~7% after the company reported Q4 results and released FY20 guidance.The company is also projecting continued strong ~25% y/y revenue growth in FY20.Perhaps mor
Retirement Advisor: Paying For Your Parents' Retirement (Podcast)
A new survey by AgeUp finds that people don’t know much about their parents’ finances and are worried they may have to kick in their own funds to sustain them.The MassMutual unit is offering deferred
Do Not Sell AT&T After The Share Price Rally
In view of the price increases, investors wonder whether AT&T is now overvalued.This question can be approached from different perspectives and the answer depends, as always, on personal strategy.And
HCB Financial: A Modestly Overvalued Bank
HCB Financial is a solid community bank serving an area in southwestern Michigan.A conservative loan portfolio, however, offsets a remarkably low cost deposit base to limit the company's net interest
Philips: High Margin Of Safety And A 10% IRR Make This Medical Imaging Play A Buy
Philips has transformed from an industrial conglomerate to a leader in several fields within the medical technology space.The company is a global leader in the oligopolistic medical imaging space.The
DBB: Coronavirus Already Priced In
DBB has experienced a tentative rebound since the start of February, after a sharp sell-off of 6% in January.Given the slowing pace of the spread of the coronavirus, macro fears, which surged in Janua
Dividend Growth Or Higher Yields, You Choose
If you're blinded by a high yield, FRT may not be for you. FRT offers a strong balance sheet, consistent dividend growth, and great management.REG trades a lower multiple of FFO than investors would e
Pluralsight: Playing The Value Game
Shares of Pluralsight plummeted nearly 10% after reporting fourth-quarter results, despite beating Wall Street estimates on the top and bottom line.Investors mulled an in-line revenue guidance for FY2
Sentiment Stays Afloat
The percentage of respondents reporting as bullish has risen to 41.33% from 33.87% last week.Bearish sentiment fell 8.82 percentage points to 26.4%.Neutral sentiment also ticked higher this week, risi
Coronavirus And Credit - A Perfect Storm
This article posits that the spread of the coronavirus coincides with the downturn in the global credit cycle, with potentially catastrophic results.The credit crisis was already likely to be severe,
Paramount Group, Inc. (PGRE) CEO Albert Behler on Q4 2019 Results - Earnings Call Transcript
Paramount Group, Inc. (NYSE:PGRE) Q4 2019 Earnings Conference Call February 13, 2020, 10:00 ET Company Participants Robert Simone - Director, Business Development & IR Albert Behler - Chairman, CE
2020 - A Close Look At What To Expect
As Q4-2019 earnings continue to push the US stock market higher, what should traders expect going forward in 2020?There are a number of things that could potentially disrupt foreign market expectation
Investors Continue To Look Past The Coronavirus
Tokyo was a notable exception in the Asia Pacific region, as the other major equity markets, like in Hong Kong, China, Taiwan, South Korea, and Australia, advanced. The MSCI Asia Pacific Index rose fo
Lumber Is Quietly Rising
Lumber has not followed crude oil and copper.An industrial commodity for construction.Rates in the U.S. favor new home building.Levels to watch in the lumber futures market.The futures are dangerous;
FTSE 100 CAPE Valuation And Long-Term Forecast
Over the last 30 or so years, the FTSE 100's CAPE ratio has averaged 18.4. The current value of 15.6 is obviously below that, so the FTSE 100 is cheap, right?Looking at CAPE data for multiple indices
Abercrombie & Fitch's Restructuring Is Attractive At The Current Price
While searching stocks in the US retail sector, we detected Abercrombie & Fitch fulfills many requirements to increase chances of a successful turnaround.One of them is the clear net cash position, wh
The Perils Of Late-Cycle Investing
It may well be that structured credit hedge funds constitute a sensible vehicle for riding the remaining bucks of the late bull and surviving the downturn when it arrives.Structured credit hedge funds
Bill.com: Material Deceleration On The Horizon
Bill.com reported its fiscal Q2 2020 results last week, beating top line estimates and reporting 50% year-over-year revenue growth.Despite an incredible report, revenue growth rates are expected to sl
Yamana Gold: Digging Into The FY-2019 Report
Yamana Gold reported FY-2019 production results, meeting both cost and annual production guidance, and is expecting similar operating metrics for FY-2020.The company raised its dividend yet again last
Some Potential Swaps To Consider (If You Own The Sell Fund)
RVI to OPP, MMT to EHI, CIK to DHY, FLC/PSF to FPF, DSL to DBL, EFR to BSL, BLW to VLT.The buy candidate is not necessarily a buy on its own but it's cheaper and we think better to own here than the s
Macy's: Closing Stores Is Only One Piece Of The Puzzle
M is closing 125 stores and cutting 2,000 corporate jobs.Cutting corporate costs is only the first step.M must get more throughput from remaining stores and rapidly grow online sales.Until it arrests
AutoNation - 2020 Is Shaping Up To Be A Good Year
AutoNation not only easily beat Q4/2019 earnings expectations, but was able to report strength across the board.The company saw higher margins, strong same-store sales and expects this to continue due
EXD: Still Showing Value Compared To The Other Similar Eaton Vance Funds
EXD is still not getting the same love as other Eaton Vance option funds.The strategy switch it embarked on is coming up on being deployed for almost one full year.We are seeing similar returns to its
Canopy Growth: Only Faint Positives
Canopy Growth beat consensus estimates for FQ3.The Canadian cannabis company still had a massive free cash flow loss of C$360 million.The stock has a fully diluted market cap of $8.4 billion and FY21
When The Facts Change
The coronavirus is a human tragedy, but the markets remain sanguine.A slowing of global growth is already factored into market expectations.Further central bank easing is expected to calm any market f
LogicBio: A Speculative Buy For Their GeneRide Platform Based Gene Therapies
LogicBio Therapeutics develops gene therapies to treat rare genetic diseases in pediatric patients with significant unmet medical needs.Their treatments, based on their proprietary GeneRide platform,
Future Industry Consolidation Could Be Good News For Macerich
On February 10, the shopping center REIT giant Simon Property Group announced it was acquiring a majority equity stake in Taubman Centers, Inc.Future consolidation in the industry could be good news f
ETF Deathwatch For January 2020
The ETF Deathwatch list decreased in size in January. Ten exchange-traded products were added to the list, and 23 funds were removed.The funds added in January were a mix of actively managed, internat
VC Deals: Sirius XM Buys SoundCloud Stake, Seats
Welcome to Seeking Alpha’s Venture Capital Deals of the Week. Follow this account and turn on the e-mail alert to receive VCDeals in your inbox on Friday afternoons. Salesforce (NYSE:CRM) Ventures and
Digital Turbine Is Likely To Catch A Second Wind
After a strong rally, consolidation set in, and the shares fell back to where they were in the summer of last year.However, we think the elements are in place for the company to recharge growth, drive
Frontline CEO Robert Hvide Macleod On Crude Tanker Markets (Podcast Transcript)
As part of the Virtual Tanker Forum, Value Investor's Edge Live hosted Robert Hvide Macleod, CEO of Frontline.Macleod discussed the dynamics of the crude tanker markets, their scrubber installation pr
Facebook - This Cash Machine Keeps On Spitting Out Money
Facebook's cash (and cash equivalents) balance keeps on increasing, exceeding the $50Bn mark (~$55Bn at year end 2020). This is fuelled by strong annual operating cash flow, which has now surpassed th
Cisco Remains Big Tech Laggard
Fiscal Q2 continues top/bottom line beat trend.Guidance in-line with expectations down meaningfully.Dividend raised by a penny.
The Peak Season For Cotton Prices Is Approaching
Cotton has moved lower from the mid-January high.A very volatile soft commodity - higher lows since 2000.China has weighed on the price of the fiber.Seasonality favors buying on dips over the coming w
ESG ETFs Help Investors Avoid Exposure To Some Headline Risks
ETFs that incorporate environmental, social and governance (ESG) principles provide investors with a diversified core portfolio position that is capable of avoiding some risk-off events due to the und
Analyzing The Safety Of Goodyear's 5.4% Yielding Dividend
Goodyear Tire & Rubber has had a tough year with earnings contracting, and shares losing roughly half of their value.The company's dividend now yields 5.4% and is currently viable despite the near-ter
4 Things Royal Dutch Shell Investors Need To Know In 2020
Royal Dutch Shell is an above-average, quality high-yield stock with a trustworthy dividend.Royal Dutch Shell offers above-average growth potential courtesy of a smart strategic focus on LNG.The valua
Airbus Orders Surge In January
Airbus has started the year on a strong note, with big orders for Airbus A220 and A320.Deliveries during were naturally weak during the month.Company targets 880 deliveries and has delivered 4% of tha
OPEC January Production Data
OPEC 14 crude oil production was down 509,000 barrels per day in January.OPEC announced a couple of months ago that Ecuador was leaving the cartel. However, it was still included in January's data.Ira
2 Well-Covered 8% Yields Below Call Value: DCP Midstream LP
DCP has two preferred issues with 12.92X distribution coverage in 2019.Both are below their $25 call value.DCP's 15%-plus common unit yield's coverage also is detailed.Earnings, growth projects, analy
Best Drill Interceptions In The Metals Mining Sector For The Week Ended February 9, 2020
Walker River with Bonanza grade gold interception in Nevada.Gran Colombia discovers new high-grade gold zone at Marmato in Colombia.Erdene continues to deliver good drill results from its Mongolian pr
Axfood And ICA 2019 Reports - Dividend Increases
In this article, we'll review both Axfood and ICA-gruppen FY19 results. Both companies increased their dividends for the year, albeit only in the 3-4% range.Both companies provided excellent FY19 perf
AT&T: When The Market Crashes
AT&T's 5.5% dividend yield is compelling, and the payments keep growing, but what happens when the market crashes?This article reviews the health of the business, valuation, risks, dividend safety, an
Treasury Market Flashes New Warning As Real Yields Go Negative
Real yields for key maturities in inflation-indexed government bonds (TIPS) have slipped into negative terrain lately.It comes as no surprise to learn that the 10-year TIPS rate is plumbing depths bel
Range Resources: Leverage Risk Climbs Sharply
The credit line may not be available when the company most needs it.Cash flow in the third quarter dropped nearly 50% from the previous year.Fourth-quarter cash flow should continue the pattern of pro
Street's Most Famous Bear Worries Retail Investors Don't Appreciate Corporate Debt Risk
Albert Edwards gave an interview to Bloomberg this week, and much of the discussion centered around the risks embedded in investment grade debt.There's a ton of nuance to this discussion, and I want t
Not Time To Buy KLX Energy Services Holdings
Telling a story about a wealthy CEO and cyclicality is not enough to overcome facts on the ground.The entire oilfield sector faces real headwinds well into the future.Ongoing losses mean this company
6 Last-Minute Valentine's Day Gifts (Bonus: They're Also More Sustainable)
Consider these six flower-inspired swaps this Valentine's Day.
Jetstar ground crew set for 24-hour strike
Jetstar passengers are set to face major disruptions around the country in the coming days as baggage handlers and ground crew plan a 24-hour strike over Jetstar baggage handlers and ground crew are set for a 24-hour strike over the Australian budget airline's current employment proposal.
Man indicted in fatal shooting of Louisiana Walmart employee
NEW ORLEANS — A man accused of fatally shooting a New Orleans Walmart employee and wounding a female customer has been indicted on murder charges, according to the district attorney’s office. An Orleans Parish grand jury on Thursday indicted Kentrell Banks, 21, of second-degree murder and attempted second-degree murder, District Attorney Leon Cannizzaro’s office told …
Pipeline protests expected today, governments to meet with First Nations
VICTORIA — Anti-pipeline protests that have severed vital freight and passenger rail links across Canada could heat up today, with the added threat of activists planning to shut down government offices in British Columbia’s capital. Protests continue as political leaders look to negotiate solutions, while business leaders, opposition politicians and ordinary people call for immediate action to end the disruptions, which …
UN experts: North Korea enhances nukes and illicit trade
CAMEROON, Cameroon — U.N. experts say North Korea has increased imports and exports of banned and restricted goods such as coal and petroleum products as it continues to enhance its illicit nuclear and ballistic missile programs in violation of sanctions. The experts identified new methods that the country is using to evade U.N. sanctions, including …
EOBI increases pension money from Rs 5250 to Rs 8500 per month
EOBI increases pension money from Rs 5250 to Rs 8500 per month
Factbox: Coronavirus forces delay of trade fairs and conferences
Factbox: Coronavirus forces delay of trade fairs and conferences.
This man created your favourite Famous Amos Cookies
In 1962 Wallace “Wally” Amos Jr. became the first Black talent agent with the William Morris Agency of New York representing legends such as Diana Ross & the Supremes, Marvin Gaye, Sam Cooke, and Simon & Garfunkel. Born on July 1, 1936, in Tallahassee, Florida, Amos Jr. lived with his Aunt Della Bryant, who often...
Serbia, Kosovo Ink 'Milestone' Railway, Highway Deal
Serbian and Kosovar officials have signed a deal to restore a railway link between Belgrade and Pristina and to connect the two capitals with a highway in a step toward normalizing bilateral relations.
Belarus Threatens To Tap Oil From Russian Pipeline
President Alyaksandr Lukashenka has said Belarus would start taking oil from a transit pipeline if Russia does not supply its neighbor with the required volumes of crude, the state news agency BelTA reports.
Afghan Affection: Kabul Embraces Valentine's Day
One of the foreign customs which has been embraced in parts of Afghanistan since the fall of Taliban in 2001 has been showing your love on Valentine's Day. In Kabul, flower and gift shops cater to the growing demand.
Not Too Sweet? 'Sugar Scandal' Rocks Lukashenka's Belarus
Four top executives in Belarus's once-lucrative sugar industry vanished without a trace. Two weeks later, President Alyaksandr Lukashenka announced they were being held by police on suspicion of masterminding what he suggested was the biggest scam the country has ever seen
Medical triage? Deactivating landmines? Now you can train in VR
On the job training is a major problem when it comes to dirty and dangerous jobs like deactivating land mines. Is VR adequate?
5G: 2020 is when it gets real, but not for everyone
Some countries are forging ahead with 5G, but some are already hitting hurdles, says Ericsson.
MOBE ’six-figure income from home’ swindlers to pay FTC $17m, hand over tropical island real estate
21 steps, thousands of dollars, and the secret to easy cash was revealed.
JPMorgan Chase gives fintechs data access deal deadline
JPMorgan Chase has sent fintechs a letter warning that they will be cut off from retrieving customer information unless they sign up to a new data access agreement, according to Reuters.
A Segment of One: The new reality
Consumers now have access to all the information they need to define, compare and select the financial products and services that best serve their individual needs.
Bailed-out RBS to rebrand as NatWest
Royal Bank of Scotland is calling time on its recent checkered past, rebranding as NatWest and setting out new goals to become a 'purpose-led bank' focused on enterprise, learning and climate.
SocGen invests in life assurance startup that offers cheaper premiums for fitness band wearers
Societe Generale has invested EUR1.1 million in a Czech online life assurance startup that offers discounts on premiums in return for a healthy lifestyle.
Dwolla co-founder Milne to step away from CEO role
Dwolla co-founder Ben Milne is quitting as CEO as the company embarks on a new "go to market" strategy.
Standard Chartered and Imperial College partner to tackle climate change
The bank will work with Imperial College Business School’s Centre for Climate Finance and Investment over four years to “uncover solutions that will help embed climate risk identification and management into financial decisions.”
4 signs it's time to switch banks
If you've been with your bank since you were born and never considered switching, it may be time to take a look at your options.
10 things you need to know before the opening bell
This is what traders are talking about.
5 bad money habits to give up sooner rather than later
We're not talking about pinching pennies — we're talking about bad money habits that are holding you back from building wealth.
RISE OF THE CIO: How the digital revolution is changing the role and making it a critical part of the C-suite
Business Insider explores the minds of top CIOs leading tech overhauls to see how they're dealing with the changing duties of the role.
Samsung's jailed board chairman has resigned
Lee Sang-hoon was convicted of violating South Korean union labor laws in December 2019, and sentenced to 18 months in prison.
Southwest's premium business card is offering a record-high welcome bonus of up to 100,000 points, but it won't last long
100,000 points leaves you just 25,000 points shy of qualifying for the Companion Pass. This offer is only available for a limited time, so don't wait.
Why a Tea Party Patriots Founder Testified Again About IRS Bias
Americans may have forgotten how the Internal Revenue Service targeted conservative groups in the Obama years, but many of the victims haven't. In 2013, the IRS unfairly held up applications from conservative groups seeking tax-exempt status. The agency has since offered its "sincere apology" and settled several financial settlements.
Obtaining PAN card will be made simpler, says Nirmala Sitharaman
Sitharaman made the comments during an interactive session titled 'Budget and Beyond' with professionals from asset management, wealth advisory, tax consultancy and other related industries at NITI Aayog
'Stay Alert' call to business as Coronavirus impacts spread across NZ economy - ABC
Importers and exporters should talk to their shippers - both sea and air - and keep informed as knock-on effects of China’s coronavirus hit New Zealand.
Rock lobster fishing quota feedback sought - MPI
Fisheries New Zealand is seeking public feedback on proposals to allow rock lobster fishers to carry forward some or all of their uncaught Annual Catch Entitlement (ACE) into the following fishing year, which begins in April 2020.
Major upgrade of Constellation Bus Station begins
Work is starting on a major upgrade to Constellation Station on Auckland’s North Shore which will see the bus station expanded and completely refitted over the next 15 months.
Jitters infect trading, Fed withdraws
A large increase in reported coronavirus infected patients saw European and US investors step away from shares in overnight trading. Initial jitters were eased by a WHO official’s statement that the increase was simply a full accounting of cases so far. US indices recovered and made gains, until the US Federal Reserve announced it was tapering its repurchase agreement program, effectively withdrawing liquidity.
Major roading contract awarded
Fulton Hogan have won the road maintenance contract and will officially take over the work in May 2020.
Sanford reveals first-of-its-kind electric chiller van
Kiwi seafood company Sanford is putting New Zealand’s first fully electric chiller van on the road.
NZLS Board approves proposed changes to lawyers’ conduct rules - Law Society
The New Zealand Law Society (Law Society) Board has approved draft changes to two sets of rules designed to deliver clear conduct and reporting standards for lawyers to address discrimination, harassment, bullying and other unacceptable conduct in the legal community.
Internet of things customers look to create partnerships - IDC
New Zealand's large enterprises seek to build and maintain commercial relationships and partnerships with Internet of Things (IoT) vendors.
Meaty increases push up annual food prices - Stats NZ
Higher prices for meat, poultry, and fish contributed to a 3.5 percent increase in food prices for the year ended January 2020, the largest annual rise in food prices in over eight years, Stats NZ said today.
Zespri welcomes successful defence of IP rights of kiwifruit growers
Zespri has welcomed the successful result of legal action taken against a former kiwifruit grower who took Zespri’s protected plant material to China where it has continued to spread, as well as the awarding of almost $15 million in damages.
Elanco seeks clearance to acquire Bayer's animal health business
The Commerce Commission has received a clearance application from Elanco Animal Health Inc. seeking clearance to acquire Bayer AG’s animal health business.
US brings new charges against Chinese tech giant Huawei
The justice department alleges the firm is trying to steal trade secrets from American competitors.
Lewis pays tribute to predecessor as a ‘good friend’
Julian Smith was sacked as Northern Ireland Secretary during Thursday’s Cabinet reshuffle.
Royal Bank of Scotland to be renamed after 293 years
The Government-controlled bank will become NatWest Group and agreed to a 5p-a-share special dividend after profits hit £4.2bn last year.
Author Lee Child: A united Ireland is hundreds of years overdue
The best-selling writer said he is in the process of applying for an Irish passport.
Mike Ashley’s Frasers Group adds name to business rates letter
More than 50 retailers wrote to the Chancellor this week demanding changes to transitional relief.
Tesco rapped for ‘unlawfully’ blocking competition
Twenty three of the company’s 5,354 leases stopped competitors opening stores nearby, the competition watchdog found.
HQ Trivia, the Once-Popular Mobile Game, Is Shutting Down
CNN Business has learned that the once-popular live mobile trivia game "HQ Trivia" is shutting down. From the report: When HQ launched in 2017, its first game HQ Trivia quickly attracted millions of people across the world who stopped whatever they were doing twice a day to play the game on their s...
Sony Is Struggling With PlayStation 5 Price Due To Costly Parts
Scarce components have pushed the manufacturing costs for Sony's next PlayStation to around $450 per unit, forcing a difficult price-setting decision in its battle with Microsoft, Bloomberg reported Friday, citing sources. From the report: The Japanese conglomerate is preparing to gradually replace ...
Warning of empty shelves
Sectors from retail to oil and gas are calling on governments to resolve a dispute with anti-pipeline protesters as a rail blockade enters its ninth day, extending railway shutdowns and threatening shortages of groceries, propane, drinking water and other goods.
‘Irrelevant political promises’
The Wet’suwet’en Treaty Office Society is taking the executive director of the British Columbia Environmental Assessment Office to court to quash a decision extending an Environmental Assessment Certificate for the controversial Coastal GasLink pipeline project.
Protests remain peaceful
UPDATE 3:35 p.m. Police say pipeline protests outside government offices in Victoria on Friday were peaceful with much of the noise generated by passing motorists honking their car horns in support.
Home sales see big jump
The Canadian Real Estate Association says home sales rose 11.5 per cent in January compared with a year earlier to reach the highest sales figures for the month in 12 years, even as new listings remain constrained.
3 months without mailboxes
After thefts from the mailbox at a West Kelowna mobile home park last year, the more than 100 residents have been forced to drive to Kelowna to get their mail for the past three months – with no solution in sight.
Lack of wood closes mill
Hundreds of forest industry workers will be affected as a pulp and paper mill on Vancouver Island shuts down for one month because it says it can't get enough wood.
TSX inches higher
Canada's main stock index resumed its upward trend in late morning trading despite decreases in the key energy and materials sectors.
CannTrust names new CEO
CannTrust Holdings Inc. says it has appointed its chief financial officer, Greg Guyatt, to be its CEO as the company works to come back from the fallout of its operation of unlicensed grow rooms.
Vandals smash Sonic Wash
Employees at the Sonic Wash in West Kelowna were in cleanup mode when they got to work this morning.
'Money mules' arrested
Investigators have arrested an Ontario-based married couple accused of acting as "money mules" in the Canada Revenue Agency phone-and-internet scam, Mounties announced Friday, hailing the move as a significant development in their ongoing fight against the widespread scheme.
Nygard accused of assaults
Ten women have filed a class-action lawsuit against Canadian clothing mogul Peter Nygard accusing him of sexual assault and sex trafficking.
Don't bug the herons!
New signs will go up to discourage trespassers from disturbing Vernon's beloved herons.
Roku Beats The Street For Q4 Earnings, Makes Wild Prediction For Cord Cutting Movement
Roku has released its earnings report for the last quarter of 2019, and the company did very well exceeding its expectations.
NVIDIA Reports Bang-Up Q4 Earnings On Big Data Center GPU Gains, NVDA Shares Spike
NVIDIA saw big gains from its data center efforts, and investors reacted positively to its overall Q4 earnings report, sending the company's share price up more than 6 percent in early morning trading.
Zuckerberg ‘accepts’ that Facebook may have to pay more tax in Europe
Mark Zuckerberg accepts that global tax reforms mean Facebook may have to pay more taxes in some countries, including in Europe.
Safe to travel around Philippines — Duterte
The Philippines is expected to lose P42 billion in tourism revenues from China, Hong Kong, Macau and Taiwan due to the coronavirus outbreak from February to April, Tourism Secretary Bernadette Romulo Puyat said Wednesday.
Sugar milling company employee shot in Bukidnon
PRO10 director, Brigadier General Rolando B. Anduyan, said that an initial investigation conducted by the Maramag Municipal Police Station showed that victim Marlon Malunes, an employee of the Crystal Sugar Milling Company, Inc. was on his way to his office on board his motorcycle when he was shot while passing beside the NAPOCOR Channel around 11:30 p.m. Thursday.
No to travel ban on ASEAN members
FOREIGN Affairs Secretary Teodoro Locsin Jr. said he will not support a travel ban to and from Singapore and other countries in the Association of Southeast Asian Nations (ASEAN) amid the 58 cases of coronavirus disease (Covid-19).
R&L upgrades PH credit rating
In a report to the Department of Foreign Affairs (DFA), the Embassy said the upgrade was made in view of the steady progress of the government’s reforms to modernize the tax system, the prioritization of the socio-economic agenda, the launch of the Bangsamoro Transition Authority (BTA), and the Build, Build, Build program.
RBS to rebrand as Natwest as bank posts £4.2bn profit under new boss Alison Rose
Royal Bank of Scotland reported profit of £4.2bn for 2019 today, beating predictions as new boss Alison Rose outlined a rebrand of the bank as Natwest.
Anglo takeover becomes Sirius' last hope as alternative falls through
Embattled UK miner Sirius Minerals said today that it had dropped an alternative funding scheme to its takeover by Anglo American as it was unviable.
Mark Carney sees silver lining in Brexit hit to economy
Mark Carney has said there may be a silver lining to Brexit and welcomes the Prime Minister's plans to address weak productivity.
German economy flatlines as eurozone growth hits seven-year low
Germany's economy is stagnating as a slowdown in spending and exports wiped out growth in the fourth quarter of 2019 with GDP unchanged.
New regulator rules to save mobile, broadband and TV customers £1bn on bills
New Ofcom rules set to come into effect from tomorrow could save millions of customers up to £1bn a year on landline, broadband, TV and mobile packages.
Suspended NMC Health vice chair resigns amid legal review
NMC Health announced today that vice chair Khalifa Butti Omeir Bin Yousef has resigned with immediate effect amid a legal review.
Mike Ashley's Frasers Group joins calls for business rates reform
Mike Ashley's Frasers Group has said that with the British high street on "life support" the Treasury must take action on business rates reform.
Tesco 'unlawfully' blocked rivals from opening nearby stores, CMA finds
Tesco has been told to stop illegally blocking rival supermarkets from buying its land or leasing nearby sites by the [...]
Vodafone's India operation on brink of bankruptcy after court ruling
India's Supreme Court has rejected an application to delay the payment of billions of dollars in backdated taxes and penalties that bankrupt Vodafone Idea.
Mark Zuckerberg 'accepts' Facebook may have to pay more tax in Europe
Facebook boss Mark Zuckerberg says he recognises that tech giants may to have pay more tax in Europe in future and understands the "frustration".
Fire protection and safety in tunnels: ventilation, fire suppression and fast responses
Dangerous equipment and potentially toxic gases in underground tunnels makes the mining industry particularly susceptible to the risk of workplace fires.
Rio Tinto and STAS to commercialise aluminium filtration technology
Rio Tinto has signed an agreement with Canadian firm STAS to commercialise an advanced compact filtration (ACF) technology for aluminium cast houses.
Teranga secures approvals to acquire stake in Massawa Gold Project
Teranga has secured approvals to proceed to conclude the previously announced acquisition of a 90% stake in the Massawa Gold Project in Senegal, Africa.
Tunnel collapses at Mozambique ruby mine kill 11 illegal miners
At least eleven illegal miners in northern Mozambique’s Montepuez ruby mine have died following a series of tunnel collapses over three days.
Brexit investments paying off for UK mining companies
UK mining sector earnings have increased by over £2bn since the UK voted to leave the EU in June 2016, according to analysis of the latest ONS figures.
The false promise of “renewable natural gas”
It’s no substitute for shifting to clean electricity.
Huawei accused of racketeering, trade secret theft in US
US prosecutors charge Huawei and its subsidiaries with an alleged racketeering conspiracy as well as conspiracy to steal trade secrets.
Seoul Global Challenge 2019-2020 Finds Success in Finding Innovative Solutions to Reduce the Fine Dust in Seoul Subway
The Seoul Global Challenge (hereinafter called \"SGC\") 2019-2020, hosted by the Seoul Metropolitan Government and organized by Seoul Business Agency (SBA) aimed at finding innovative solutions to urban problems by inviting global innovators, culminated with the awards ceremony on the 6th, according to the Seoul Metropolitan Government.
It's time to step up your risk assessment approach
Focus must be on identifying as many issues as possible rather than aiming to provide a clean report.
WOAN licence ‘likely’ to be awarded in 2021
President Cyril Ramaphosa reveals licensing of the government-proposed WOAN is likely to be completed sometime next year.
CyberArk delivers Blueprint for privileged access management success
CyberArk Blueprint helps customers take a future-proof, phased and measurable approach to reducing privilege-related risk.
Ramaphosa sees renewables as answer to Eskom’s woes
The president indicates that renewable energy can be the answer to the country’s energy supply needs.
US charges Chinese company Huawei with plotting to steal trade secrets
Donald Trump has repeatedly raised national security concerns about Huawei.
Revenue seizes €280k in cash from freight trailer in Rosslare
With the help of detector dog Flynn, Revenue officers seized the cash on Wednesday.
'We've been waiting for 12 years': Hundreds of Community Employment supervisors strike over pension rights
They want the incoming government to implement a Labour Court recommendation issued in 2008 that a pension scheme be put in place for them.
KBC claims siblings are in contempt of court after failing to leave property at centre of controversial eviction
The High Court today heard the McGann family has not complied with a court order.
AWS Can Be A DevOps’ Best Friend. This $30 Training Takes You Behind The Scenes.
This site may earn affiliate commissions from the links on this page. Terms of use.
Royal Bank of Scotland Group changing name to NatWest Group plc as most customers are in England
THE Royal Bank of Scotland Group announced it was renaming itself NatWest – as most customers are south of the border. The rebranding of the Edinburgh-based plc after 51 years is the first ma…
German Economy Grows at Weakest Pace Since Crisis as Coronavirus Hit Looms
Pound Sterling (GBP) Live: Outlook Forecasts and Latest News presented in rolling live format
South African Rand Risks Fresh Depreciation Despite SONA's Positives
The British Pound Sterling vs the South African Rand: Latest GBP/ZAR News and Analysis
The Australian Dollar Cheers RBA's Optimism but Virus Concerns Tipped to Weigh
The Pound vs Australian Dollar: Latest GBP/AUD Forecasts, News and Analysis
"Oversold" Pound Sterling finds Buying Interest
It was a sea of green for the British Pound on the global currency performance board at the start of the new week as it rallied against the majority of its peers and confirmed that while there is much anxiety over looming trade negotiations
Euro Buyers see Best Exchange Rate Since mid-December as Pound Sterling Boosted by Expectations for Increased Govt. Spending under Sunak
The British Pound has advanced against the Euro for six months in a row now and the momentum has taken the GBP/EUR exchange rate back up to 1.20
Pound-Australian Dollar Exchange Rate Forecast to Remain Supported
The British Pound has advanced 0.60% against the Australian Dollar over the course of the past week in line with the broader push higher by Sterling, that leaves it the top performing major currency for the week ending February 14
Pound-to-Dollar Rate Retreats from Greenback but Charts Point Higher
The British Pound vs the US Dollar: GBP/USD News and Conversion Level for Pounds to Dollars
RBI’s lending push amid inflation to crimp fixed deposit (FD) returns
Soon after the RBI monetary policy review earlier this month, banks dropped their fixed deposit rates. Mint explains the implications of the RBI action
Indian banks' loans rise over 7% in two weeks to Jan 31: RBI
Outstanding loans rose ₹98926 crore ($13.86 billion) to ₹101.03 trillion in the fortnight to Jan. 31.Non-food credit rose ₹1.02 trillion to ₹100.24 trillion, while food credit fell ₹3,202 crore to ₹78,899 crore
SC lifts ban on construction activities in Delhi- NCR
The ban was imposed in the wake of high levels of pollution .The order was passed while hearing several matters related to pollution in Delhi-NCR
PhonePe earmarks ₹800 crore marketing budget to take on competition
It has signed up Alia Bhatt to create awareness.The platform aims add over 100 million users every year
Exports decline 1.7% in January, trade deficit widens to $15 billion
During the first 10 months of the current fiscal, while exports contracted 1.9%, imports shrank 8.1%.Of the 30 major items in India’s export and import baskets, 21 export items and 17 imported goods fell
Odisha govt announces DA hike for employees
CM Naveen Patnaik today announced a hike of 5% DA for government employees.The decision will benefit around 3.5 lakh state government employees
Income Tax Department busts ₹2000 crore black money racket in Andhra Pradesh, Telangana
Searches conducted by the department earlier this month covered more than 40 premises.Chandrababu Naidu’s associate was covered in the search operation
EU says India has taken steps to restore normalcy in Kashmir, calls for swift withdrawal of remaining curbs
The European Union spokeswoman said we recognise the serious security concerns, but it is important that the remaining restrictions be lifted swiftly.The comment comes after the 25 EU diplomats visited Kashmir on Wed and Thu and ahead of a meeting of the envoys with India’s NSA Ajit Doval
FM Sitharaman says the govt is open to tweaking inside and outside Budget for economic growth
irmala Sitharaman said the immediate feedback to the Union Budget has been motivating, as it has had a 'positive impact' on the currency, bond and equity markets.On the REITs and InvITs, the Finance Minister said she wanted to hear the views of the economists and other tax experts on the Budget
Exports dip 1.66% in January
The trade deficit was $15.05 billion in January 2019.Imports too declined by 0.75$ $41.14 billion, leaving a trade deficit of $15.17 billion during the month under review
PAN to become inoperative after 31 March if not linked with Aadhaar: Income Tax department
The deadline for linking of PAN and Aadhar has been extended several times and the current deadline ends on 31 March, 2020.Till 27 January, 2020, over 30.75 crore PANs have already been linked to Aadhaar.
SpiceJet reports 21% rise in Q3 profit to ₹78 crore
If the airline had not recognized such ‘other income’, it would have reported a loss of ₹173.19 crore.Expenses at the airline increased by about 56% from a year ago to about ₹3,848.61 crore in Q3
Coronavirus: DGCA extends screening to passengers arriving from Japan, South Korea
Till date, only passengers arriving from Thailand, Singapore, China and Hong Kong were being screened for possible exposure to the respiratory virus
Tax dept notifies forms for firms to avail lower corporate taxes
In September 2019, the govt announced a cut in base corporate tax for existing companies to 22% from the current 30%.The effective tax rate for existing units will be 25.17% as compared to 34.94% now
Turkey ready to join CPEC projects, Erdogan says
--Turkish president calls for 'quickly increasing' Pak-Turk trade to $1bn and gradually raising it to $5bn--PM Imran promises to fully facilitate Turkish business community in joint ventures with
Sindh govt plans to recruit pricing magistrates to curb inflation
KARACHI: The Sindh government on Friday decided to recruit price control magistrates to take action against hoarders and rising commodities’ prices.Speaking on the matter, Sindh Minister for Agr
Press freedom in Somalia under attack- Amnesty [Morning Call]
Rights group Amnesty International raises alarm on press freedoms in Somalia, says journalists suffer killings, attacks and threats
DRC: controversy over road infrastructure project [Morning Call]
Controversy in Kinshasa over President Félix Tshisekedi's infrastructure development project called "Hundred Days Emergency Program". Investigation launched over suspected embezzlement of funds
The Lure of A Fancy Car
There is a well-trodden route from R&D to sales and Dick Skipworth, who founded Memec which became the world’s third largest distributor, like so many others who followed that route, was seduced by a car.
Most Read articles – Apple silicon, AI investment, Coronavirus
Time to look once again at the five most read articles on ElectronicsWeekly.com that were written in the last week, via the powers of Google Analytics. See what your peers have been reading this last seven days.
If you haven't started saving for retirement, don't panic, but get a plan
OTTAWA - Canadians are bombarded by advertising preaching the virtues of starting to save for retirement early, letting the benefits of time and compound in
Ex-SoftBank employee indicted over alleged leak to Russian envoy in Japan
A former SoftBank Corp. employee was indicted Friday on a charge of illegally acquiring corporate secrets, which breaks the law on preventing unfair compet
Chips are down as Toshiba logs ¥145.63 billion loss for April-December
Toshiba Corp. said Friday it posted a group net loss of ¥145.63 billion ($1.32 billion) in the April-December period due to the sluggish performance of its
Japan Atomic accused of altering data about fault under Tsuruga reactor
The Nuclear Regulation Authority on Friday accused Japan Atomic Power Co. of modifying the original geological data used to determine whether a fault under
Is COVID-19 a 'black swan'?
The Chernobyl disaster played a big part in making the Soviet public ripe for regime change. Could the coronavirus have a similar effect in China?
On heels of quarterly loss, Nissan again slashes full-year outlook amid economic uncertainties
After posting only its first third quarterly loss in 11 years, Nissan Motor Co. on Thursday again cut its annual profit forecast due to weak demand and eco
Special centre for turmeric in Erode welcomed
‘It will help in expanding the area under turmeric cultivation bringing in overall development’
Alappuzha bypass to be ready in April
Minister visits Kuthirapanthy
Recovery notices issued to 13 in Lucknow
ADM gives them 30 days to deposit the penalty amount, either collectively or by a single person.
LIC Housing Finance asks 14 developers to seek AIF funding
Experiencing growth in the sector, things will improve: MD
Keep faith in Jagan, Perni tells RTC staff
Minister presents road safety and fuel-efficiency awards
PMLA case: ED files chargesheet naming Moin Qureshi’s close aide an accused
Special Judge Anuradha Shukla Bharadwaj put up the matter for consideration of the second chargesheet filed in the case for February 15.
Cruise industry avoids Asia as it seeks to limit coronavirus risks
Many cruises in the region are being cancelled while others currently sailing are being re-routed, skipping originally scheduled stops in China, Hong Kong and Singapore
Textile policy to be rolled out by mid 2020
Mega parks will help country scale, spurring cost effectiveness: Textiles Secretary
Property Tax Parishkaram from tomorrow
GHMC will conduct tax adalats in the name of ‘Property Tax Parishkaram’ at its circle offices every Sunday, starting from February 16 to March 29.The sessions will review various petitions, court case
Flood-affected people threaten agitation over unkept promises
Officers admit that additional amount announced by CM yet to be paid to farmers
Global Investors Meet in November
The Global Investors Meet (GIM) aimed at attracting investments to Karnataka will be held in Bengaluru from November 3 to 5 this year.Union Minister for Parliamentary Affairs, Coal and Mines Pralhad J
Gold seized at RGIA
An air passenger was detained by Customs officials at Rajiv Gandhi International Airport for smuggling 1.2 kg of foreign origin gold from Jeddah. The accused passenger, who is being questioned by the
Adani arm, AAI ink pact for 3 airports
Adani Enterprises Limited (AEL) on Friday signed concession agreements with Airports Authority of India (AAI) for operating, managing and developing three airports — Lucknow, Mangaluru and Ahmedabad —
Vellore entrepreneurs welcome capital subsidy increase
The Vellore District Micro and Small Entrepreneurs Association (VDMSEA) has welcomed the budget proposal for an increase in subsidy for investments in MSMEs. In a press release issued here, VDMSEA pre
Consulting firms lead recruitment at IIMB
Made 147 offers; overall, 428 students got 518 offers
AITUC terms the Budget as ‘hoax’
Trade unions to stage protests from February 24
Karnataka High Court stays CCI order against Amazon, Flipkart
‘Centre probing FEMA violation charge against e-com giants’
Budget: farmers disappointed
Farmers’ organisations are disappointed with the State budget in view of lack of an announcement on crop loan waiver and increase in paddy procurement price. They have expressed concern over the gover
Fiscal federalism is need of the hour: KTR
‘Telangana’s growth model ideal for overcoming economic slowdown’
ISO approval for 11 rail stations
In recognition of environmental management system in Palakkad Division
Vinay Dube appointed as GoAir CEO
GoAir has appointed Vinay Dube, the former chief executive officer (CEO) of Jet Airways, as its new CEO. Mr. Dube will report to chairman Nusli Wadia, managing director Jeh Wadia, and the board. He wi
Duty cut to revive horse breeding
The National Horse Breeding Society of India has thanked the Union Finance Minister Nirmala Sitharaman for taking steps to help revive the horse-breeding industry and making ‘Make in India’ a possibil
Bharti to make ₹10,000 cr. part payment in AGR dues by Feb. 20
Promises to clear remaining dues ‘well before’ March 17, the date of next hearing
‘Buildings should breathe’
Experts urge incorporation of sustainability aspects right from the drawing board. By M.A. Siraj
Big setback if India and U.S. can’t agree on trade deal now, says top U.S. diplomat Alice Wells
Ms. Wells will not be accompanying Mr Trump to India and neither will Secretary of State Mike Pompeo.
Tobacco farmers worry over proposed hike in National Calamity Contingent Duty
‘Move will pave the way for smuggling of illegal cigarettes into the country’
This store in Visakhapatnam provides greener alternatives to plastic packaging
Being mindful of the amount of plastic ending up at the city dump, Asya offers eco-friendly alternatives to packing gifts
Over 15 tonnes of used cooking oil dispatched from Madurai to Telangana for bio-fuel production
The oil was collected from 222 shops in the city that used more than 40 litres of oil a day
Milk crisis: State seeks T.N. help
Milma is eyeing a daily supply of one lakh litres from Tamil Nadu
India, Portugal ink seven pacts after Modi-Sousa talks
The pacts provide for cooperation in areas of investment, transport, ports, culture and industrial and intellectual property rights
MADITSSIA hails schemes for MSMEs
MaduraiMadurai District Tiny and Small Scale Industries Association (MADITSSIA) welcomed the schemes announced in the budget, presented in the Tamil Nadu Legislative Assembly on Friday, to leverage th
‘Gangaikondan Food Park announcement is not new’
Industrialists are also upset over government’s failure to invigorate Nanguneri SEZ
India’s pulses import may fall 60% next fiscal: IPGA
There would be lower imports next year also because traders might not be able to buy from overseas market, says IGPA Chairman
‘Overzealous interpretation of law poses risk to independent directors’
Penalising them for a company’s action would be counter-productive: Sinha
‘One should be penalised for not building green’
Mahesh Ramanujam, President & CEO, USGBC, spoke to M.A. Siraj on the sidelines of the Greenbuild India 2020 conclave. Excerpts:On the origin and objectives of USGBCThe US Green Building Counci
Plant 100 saplings, court tellsIndustries and Commerce Director
Planting of 100 saplings has been prescribed as punishment to the State Industries and Commerce Director for the non-compliance of a court order. A Single Judge of the Kerala High Court issued the ord
Low prices dash hopes of turmeric farmers
Actual price would be decided after the harvest picks up, says trader
Rupee settles 6 paise lower at 71.37 against US dollar
On a weekly basis, the rupee has gained 3 paise.
Sensex, Nifty fall for 2nd day as banking, auto stocks slide
Banking shares tumbled following the Supreme Court taking a strong note of non-compliance of its order asking telcos to pay ₹1.47 lakh crore in statutory dues.
Karnataka is aligned with PM Modi’s$ 5 trillion economy aim: CM
Yediyurappa inaugurates Invest Karnataka-Hubballi Conference
Israeli strikes kill seven in Damascus
Three were Syrian soldiers and the rest were members of Iran’s Revolutionary Guard
Vijay Mallya says ED, CBI been ‘totally unreasonable’
Lord Justice Stephen Irwin and Justice Elisabeth Laing, the two-member bench presiding over the High Court appeal, will hand down their verdict at a later date.
Adani Group, Airport Authority of India ink pacts for managing Ahmedabad and two other airports
Three subsidiaries of the group – Adani Ahmedabad International Airport Limited, Adani Lucknow International Airport Limited and Adani Mangaluru International Airport Limited – have signed concession agreements with the AAI.
SpiceJet gets ‘interim offer’ from Boeing
Claims ₹537 cr. citing grounded craft
Gold prices rise ₹75, silver gains ₹147
Gold prices on Friday rose by ₹75 to ₹41,481 per 10 grams in the national capital amid rupee depreciation, according to HDFC Securities. Likewise, silver also gained ₹147 to ₹47,036 per kg from ₹46,88
Top news of the day: Supreme Court rap forces telecom department to order telcos to clear AGR dues, memorial for slain CRPF jawans inaugurated in Pulwama, and more
The major news headlines of the day, and more.
Telecom dept orders telcos to clear dues by February 14 midnight
Bharti Airtel offered the Department of Telecom to pay ₹10,000 crore by February 20.
HC stays CCI’s order for investigation on Amazon, Flipkart
The Karnataka High Court on Friday stayed the January 13 order of the Competition Commission of India initiating an investigation to find out whether e-commerce majors Amazon and Flipkart have violate
Overwhelming response to Invest Karnataka-Hubballi Conference
As many as 51 memorandums of understanding signed; Rajesh Exports plans to invest ₹ 50,000 crore to manufacture electric vehicles and lithium cells and batteries
Sical Logistics posts Q3 loss of ₹48 crore
Sical Logistics Ltd. an integrated logistics provider and unit of the Coffee Day group, has posted a net loss of ₹48.28 crore for the third quarter ended December 2019 against a profit of ₹7.96 crore
Trains in the newly electrified Thanjavur-Tiruvarur broad gauge section can now operate
The Commissioner of Railway Safety (CRS), Southern Circle, Bengaluru, has given statutory clearance for passenger and freight train services on this section
Central Vista project will roll on, says Puri
Delhi HC has taken cognisance of 2 petitions challenging DDA’s proposed change of land-use
Lakshmi Vilas Bank needs up to ₹2,000 cr. to stay afloat: CEO
Third quarter results kindle hope of raising funds, he says
Vivo to invest in local manufacture, expansion
Firm embarks on ₹7,500-crore plan
State apprehensive over Indo-U.S. trade talks
Sunil Kumar writes to Centre seeking safeguards for farmers
SC refuses to extend BS-IV deadline
The Supreme Court on Friday refused to entertain a plea by automobile dealers for permission to sell and register vehicles following the Bharat Stage-IV standard emission norms beyond April 1, 2020.Th
‘Post Aug.5, J&K banks harassing us’
At least 21 Kashmir-based traders bodies on Friday, in full-page advertisements published in local dailies, accused the banks of harassment and persecution of the families of the borrowers in the name
Decks cleared for setting up CIPET
The decks have been cleared for setting up the Central Institute of Plastics Engineering and Technology (CIPET) in Dharwad district with Union Chemical and Fertilizer Minister D.V. Sadananda Gowda mak
Find out you can break into the Manchester film and television industry
Skills to Screen: Manchester is coming to Space Studios Manchester on February 29
Win £200 by filling out our money survey
Help shine a light on the state of the nation’s finances for your chance to win
Subway launches new money-saving deals and bite-sized sandwiches from £1.29
A new range from the sandwich chain will offer people looking to save cash or just after a quick snack new options - with four new sandwiches on their way and deals for £2.99 subs and £4.99 meal deals
Millions of couples unaware they're entitled to a £250 cash boost from HMRC
Themarriage tax allowanceallows you to transfer £1,250 of your personalallowance(the amount you can earntax-free eachyear) to your spouse or civil partner - saving you £250 a year
Brexit and how farmers can survive it: how the next 11 months will shape the sector
It would be foolish to think that farmers in lowland areas such as East Anglia are going to get
Suffolk and north Essex left counting the cost of Storm Ciara
The region has been left counting the cost after Storm Ciara struck last weekend, according to an insurer.
Why Southwold is family-owned brewing and pubs group's 'forever' home
Playing an active part in the community is
'Cheese wedges' no more after planning appeal dismissed
The future of former council offices which were set to be turned into homes is now in doubt after plans for the site fell through.
Coronavirus checks carried out at Felixstowe Port
Felixstowe port authorities have screened people on vessels to ensure no-one has been infected with coronavirus.
Family's winning Winnie the Pooh Lego set to go on sale
A Suffolk family have beat off tough competition from around the world to have their creation selected to become an official Lego product.
Racing car electronics manufacturer goes full-throttle after factory move
A motorsports manufacturer - which makes engine electronics technology for Formula 1's sporting greats - is moving into the fast lane with its new purpose-built factory.
People in countryside hit with higher bills
People living in rural East Anglia could be spending thousands more on household essentials than others in the UK, according to a new report.
Photographer's novel idea for capturing deer on film
A wildlife photographer and a cider maker have joined forces to capture a wonder of nature.
'Amazing' Suffolk Show in 2019 nets healthy surplus as attention turns to this year's event
Suffolk Show organisers are riding high after a bumper 2019 event - and are hoping to build on its soaring success this year.
IHS Markit Teams to Use Credit Benchmark’s Credit Analytics Tools for its Securities Financing Platform
IHS Markit has confirmed that it has teamed up with Credit Benchmark in order to use the company’s credit risk analytics tools for its securities financing so
Smartlands Looks to Lichtenstein Law for Blockchain based Services, Targets HNWs
Smartlands, a blockchain based Fintech that lays claim to tokenizing the first real estate offering in the UK, says it will revise and expand its legal framewor
Borrow A Boat Returns to Crowdcube With a Mission to Raise 1.5 Million in Funding
Just a little over a year after raising £1,496,600 in funding through its previous Crowdcube round, the self-proclaimed Airbnb for boats, Borrow A Boat, has re
Agencies within the US Justice and Treasury Department are Seeking Millions of Dollars in Funding to Oversee the Cryptocurrency Industry
Federal agencies and departments established within the US Justice Department and the Treasury Department are reportedly requesting that millions of dollars be
Digix, Developer of First Asset-backed Digital Gold Token, Launches Revamped Marketplace and Website
Digix, the developer of the first asset-backed digital gold token, recently upgraded its online marketplace and website. The company’s new marketplace and dig
Flywire Secures $120 Million Through Series E Investment Round Led by Goldman Sachs; Announces Acquisition of Healthcare Technology Platform Simplee
Flywire, a U.S.-based fintech firm that provides global payment and receivables solutions for education, healthcare, and commercial enterprises, announced on Th
Digital Asset Exchange Liquid.com to Launch FF1 Token, a Cryptocurrency that Helps Create a Diversified and Risk-Managed Investment Portfolio
Liquid.com, a globally accessible digital asset exchange, confirmed on February 11, 2020, that Two Prime’s inaugural FF Token, the FF1, will be officially int
Standard Chartered Joins Forces With Imperial College Business School For New Climate Risk Management Partnership
Standard Chartered, a UK-based multinational banking and financial services company with $688 billion in assets, announced on Thursday it has joined forces with
Europe wants G20 to make taxing digital giants top priority this year
Finance ministers and central bank governors of the world’s 20 biggest economies meet on Feb. 22-23 in Riyadh
Premarket: European shares scale record even as coronavirus shows no signs of peaking
Hopes of government stimulus support shares globally
Whenever my husband and I talk about investing, we fight. How can we get on the same path?
He has almost $100,000 invested in a high interest savings account which I don’t think is an efficient strategy
Friday’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
Opinion: How Justin Trudeau can turn a lose-lose Teck decision into a delicate victory
By approving the Teck Frontier oil sands mine under the greenhouse-gas vows that Alberta Premier Jason Kenney has laid out, Mr. Trudeau can use the free market to wiggle his way out from between a rock and a hard place
Friday’s analyst upgrades and downgrades
Inside the Market’s roundup of some of today’s key analyst actions
Don’t let the coronavirus scare have you turning bearish on equities
The economic fallout with be transitory in nature
What every Canadian investor needs to know today
A look at the morning’s market action
Talking about finance can temper the flames among couples
But not communicating money goals and values on a regular basis can lead to secrecy, resentment and blame in a relationship
Friday’s Insider Report: Chairman invests $1.2-million in this stock yielding nearly 5%
A look at recent notable transactions
Are you having second thoughts about your career choice?
According to a recent survey by Toronto-based non-profit career coaching and development organization CERIC, nearly 72 per cent of Canadians who meet with the organization’s career counsellors wish they had chosen a different career path
Market movers: Stocks seeing action on Friday - and why
A roundup of some of the North American equities making moves in both directions today
U.S. January core retail sales unchanged; December revised down
Sales at clothing stores declined by the most since 2009
Energoatom generates 7.8 bln kWh of electricity in Jan 2020
The company's power plants sold 7.375 billion kWh of electricity over the period under review.
Reuters: Oil prices stabilize, set for weekly gain on hopes for supply cut
The Organization of the Petroleum Exporting Countries and its allied producers are considering cutting output by up to 2.3 million barrels per day.
MCMC Warns Android TV Box Suppliers To Not Misuse Certifications
The Malaysian Communications and Multimedia Commission (MCMC) has released a statement on Twitter regarding Android TV boxes. Uploaded on 14 February, the
RBS profit surges, as bank's new CEO sets climate goal
Looking to the future, Rose said "climate, and the role we can play in accelerating the transition to a low carbon economy" was among her "initial areas of focus where we can make a substantial impact".
Renault reports net losses of 141 million euros in 2019
Renault said its outlook for 2020 was bleak with a fresh fall in operational profitability, a statement said Friday.
Huawei, Meng face new US charges of trade secrets theft
The new charges, including a federal racketeering allegation, add to an indictment unsealed in January 2019 that alleged Huawei stole trade secrets from US carrier T-Mobile.
Young minds to fuel the growth of the pharma sector
Young minds to fuel the growth of the pharma sector
Amazon wins suspension of $10bn 'JEDI' contract to Microsoft
Amazon has alleged it was shut out of the deal because of President Donald Trump's vendetta against the company and its chief executive Jeff Bezos.
Iranians feel strain of turmoil and sanctions
Iran's economy has been battered since US President Donald Trump in 2018 abandoned an international nuclear deal and reimposed sanctions and a
Supreme Court orders Indian telcos to pay $13bn or face action
The court has threatened contempt proceedings against the companies and Department of Telecommunications government officials for non-compliance with that ruling.
Virus-hit Hong Kong says it with face masks, not flowers
A manager at another store, who gave her name as Joyce, said her shop has had to reduce what they buy as customer interest wilts.
Abu Dhabi focuses on growing Saudi Arabian market to boost visits
Abu Dhabi focuses on growing Saudi Arabian market to boost visits
ASOS PLC/ADR (OTCMKTS:ASOMY) Lifted to “Buy” at Berenberg Bank
Berenberg Bank upgraded shares of ASOS PLC/ADR (OTCMKTS:ASOMY) from a hold rating to a buy rating in a research report released on Monday, The Fly reports. A number of other research firms also recently issued reports on ASOMY. ValuEngine downgraded shares of ASOS PLC/ADR from a buy rating to a hold rating in a report […]
Burberry Group (LON:BRBY) PT Lowered to GBX 2,600 at Credit Suisse Group
Burberry Group (LON:BRBY) had its target price reduced by Credit Suisse Group from GBX 2,650 ($34.86) to GBX 2,600 ($34.20) in a report issued on Monday morning, Stock Target Advisor reports. They currently have an outperform rating on the stock. A number of other equities research analysts also recently weighed in on the stock. Deutsche […]
Rational (FRA:RAA) PT Set at €670.00 by Bankhaus Lampe
Bankhaus Lampe set a €670.00 ($779.07) price objective on Rational (FRA:RAA) in a research report report published on Monday, Borsen Zeitung reports. The firm currently has a neutral rating on the stock. A number of other analysts have also recently commented on RAA. Hauck & Aufhaeuser set a €625.00 ($726.74) price target on shares of […]
Basf (ETR:BAS) Given a €68.00 Price Target at UBS Group
UBS Group set a €68.00 ($79.07) target price on Basf (ETR:BAS) in a report published on Monday morning, Borsen Zeitung reports. The brokerage currently has a neutral rating on the basic materials company’s stock. BAS has been the topic of a number of other research reports. Credit Suisse Group set a €66.50 ($77.33) price objective […]
Analyzing Piper Sandler Companies (PIPR) & Its Competitors
Piper Sandler Companies (NYSE: PIPR) is one of 36 publicly-traded companies in the “Security brokers & dealers” industry, but how does it contrast to its competitors? We will compare Piper Sandler Companies to similar companies based on the strength of its dividends, institutional ownership, analyst recommendations, profitability, earnings, valuation and risk. Profitability This table compares […]
Jefferies Financial Group Analysts Give Delivery Hero (ETR:DHER) a €75.00 Price Target
Jefferies Financial Group set a €75.00 ($87.21) target price on Delivery Hero (ETR:DHER) in a report released on Tuesday, Borsen Zeitung reports. The firm currently has a buy rating on the stock. Several other research firms have also recently issued reports on DHER. Kepler Capital Markets set a €63.60 ($73.95) target price on Delivery Hero […]
Compass Group (LON:CPG) Price Target Raised to GBX 1,800
Compass Group (LON:CPG) had its price objective lifted by Goldman Sachs Group from GBX 1,700 ($22.36) to GBX 1,800 ($23.68) in a research report released on Monday, Stock Target Advisor reports. They currently have a sell rating on the stock. A number of other research firms also recently weighed in on CPG. UBS Group reaffirmed […]
Appreciate Group (LON:APP) Earns Buy Rating from Liberum Capital
Liberum Capital reaffirmed their buy rating on shares of Appreciate Group (LON:APP) in a research note published on Tuesday morning, ThisIsMoney.Co.Uk reports. LON:APP opened at GBX 63.50 ($0.84) on Tuesday. The stock’s 50-day moving average is GBX 59.79. The company has a market cap of $118.33 million and a P/E ratio of 12.96. The company […]
LYFT (NASDAQ:LYFT) Given “Buy” Rating at JMP Securities
JMP Securities reissued their buy rating on shares of LYFT (NASDAQ:LYFT) in a report published on Monday morning, TipRanks reports. The firm currently has a $88.00 price target on the ride-sharing company’s stock. Other research analysts have also recently issued research reports about the stock. Wolfe Research upgraded shares of LYFT from an underperform rating […]
Shore Capital Reaffirms Buy Rating for Frontier Developments (LON:FDEV)
Shore Capital restated their buy rating on shares of Frontier Developments (LON:FDEV) in a research note published on Tuesday, Digital Look reports. Other analysts also recently issued research reports about the stock. Citigroup reissued a buy rating on shares of Frontier Developments in a report on Tuesday. Berenberg Bank reissued a buy rating and set […]
Top NMC shareholder Muhairi quits board amid turmoil
Abu Dhabi-based healthcare group has faced turbulent time since report questioning finances
Foreign investors in row over Lebanese debt
Ashmore has locked horns with other creditors, including Pimco
Andrea Orcel suffers defeat in criminal complaint against Santander
Ex-UBS banker is pursuing a civil case against the Spanish bank for alleged breach of contract
Jes Staley’s Jeffrey Epstein issue is just the latest Barclays tangle
Here’s why running this particular British bank is like riding a rollercoaster
WHSmith moves Daily Telegraph from ‘news’ to ‘magazine’ section of stores
Move by UK retailer comes as publisher grapples with decline in sales
Vodafone’s India venture on brink of collapse after court ruling
Decision means telecoms company must pay billions of dollars in fees by next month
Brazil’s Largest Crypto-Friendly Bank Posts 42% Rise In Q4 2019
The largest standalone investment bank in Latin America, Banco BTG Pactual SA, recorded an impressive 42% net income growth during last year's fourth
€280k seized at Rosslare with help of detector dog Flynn
Revenue officers seized €280,000 at Rosslare Europort this week with the help of detector dog Flynn.
Belarus leader says Russia insists on merging the two states
The president of Belarus said Friday that Russia insisted on merging the two states during last week's talks on further integrating the countries' economies. As negotiations on closer ties stalled, Russia halted oil supplies to Belarus and Lukashenko repeatedly accused the Kremlin of pushing
Tennessee Republicans worry women will go on tampon-buying frenzy
During an annual three-day holiday, shoppers are allowed to buy computers and clothing tax-free, but a proposal to include tampons has gotten pushbackWomen can’t be trusted around tax-free tampons. If you cut the price of menstrual products they’re bound to go tampon-mad and buy boxes of the stuff, just
Vietnam turns away cruise ship over coronavirus fears - state media
Vietnam has turned away a German-owned cruise ship with more than 1,000 passengers on board over fears of coronavirus infections on board, state media reported on Friday. Authorities in Quang Ninh province, home to the UNESCO world heritage site Ha Long Bay, decided on Tuesday not to allow passengers
Labor Unions Need All the Help They Can Get
(Bloomberg Opinion) -- The House of Representatives just passed an interesting bill dealing with organized labor. Known as the Protect the Right to Organize Act, the bill would ban states from enacting so-called right-to-work laws. It would make it illegal for employers to permanently replace striking
'Open to Tweaking Inside And Outside Budget For Economic Growth', Says Nirmala Sitharaman
The government had announced a host of steps in the Union Budget, presented on February 1 in Parliament
After Supreme Court Rap, DoT Directs Telcos to Pay AGR Dues by 11:59 PM Tonight
The order by the DoT has asked telcos to clear dues by 11.59 pm Friday.
New virus has infected more than 64,000 people globally
A viral outbreak that began in China has infected more than 64,000 people globally. The World Health Organization has named the illness COVID-19, referring to its origin late last year and the coronavirus that causes it.The latest figures reported by each government's health authority as of Friday in Beijing:— Mainland China: 1,380 deaths among 63,851 cases, mostly in the central province of Hubei.— Hong Kong: 56 cases, 1 death— Macao: 10— Japan: 259, including 218 from a cruise ship docked in Yokohama, 1 death— Singapore: 67— Thailand: 33— South Korea: 28— Malaysia: 19— Taiwan: 18— Vietnam: 16— Germany: 16— United States: 1
IEA sees first drop in global oil demand
Global oil demand will drop this quarter for the first time in more than a decade as the coronavirus batters China's economy, the International Energy Agency said. The new estimates show that oil markets face a significant surplus despite the latest production cuts by OPEC and its partners. Crude already sank to a one-year low below $50 a barrel last week, and the impact of the epidemic will be felt throughout the year, the agency said. "Demand has been hit hard by the novel coronavirus and the widespread shutdown of China's economy," the Paris-based IEA said. "The crisis is ongoing and at this stage it is hard to be precise about the impact.
German economy stagnates in sign of Europe's difficulties
FRANKFURT, Germany (AP) — Growth ground to a halt at the end of the year in Germany, Europe’s largest economy, as manufacturing remained in a slump and exports fell, official figures showed Friday.The flat reading underlines the challenge facing the broader eurozone economy as it struggles against headwinds from the U.S-China trade dispute and Britain's departure from the European Union.Both the German and eurozone figures were the weakest since 2013, when the region was suffering from a debt crisis that nearly spelled the end of the euro currency.Germany's state statistics agency said Friday there was zero growth in the fourth quarter and a mediocre 0.6% increase for the whole year.
US brings new charges against Chinese tech giant Huawei
WASHINGTON (AP) — The U.S. Justice Department has added new criminal charges against Chinese tech giant Huawei and several subsidiaries, accusing the company of a brazen scheme to steal trade secrets from competitors in America, federal prosecutors announced Thursday.The new indictment also alleges the company provided surveillance equipment to Iran that enabled the monitoring of protesters during 2009 anti-government demonstrations in Tehran, and that it sought to conceal business that it was doing in North Korea despite economic sanctions there.The company disputed the allegations in a statement and called them them “without merit." China's foreign ministry accused the U.S.
Renault sales and earnings drop in tough market
PARIS (AP) — France's Renault saw its sales and earnings drop last year and says 2020 will be tough due to the need for investment in new technologies just as the market is shrinking.The company said Friday that it sold 3.8 million vehicles last year, down 3.4%, with revenue dropping about the same rate to 55.5 billion euros ($60 billion).That almost wiped out its net earnings, which amounted to just 19 million euros last year compared with 3.4 billion euros a year earlier.Interim chief Clotilde Delbos said "the visibility for 2020 is limited due to an expected volatility in the market.
The Highly Accurate Ethereum Golden Cross is Forming, Is a Major Rally Incoming?
Ethereum's stellar performance of late has seen it gain 113% in the six weeks since the start of the year. This achievement reversed a six-month downtrend
Data Shows Bitcoin’s Progression From Retail To Institutional Asset
As Bitcoin matures, a wider range of investors begins to consider the asset as an investment to add to their portfolios. New data shows exactly how
The Highly Accurate Ethereum Golden Cross is Forming, Is a Major Rally Incoming?
Ethereum's stellar performance of late has seen it gain 113% in the six weeks since the start of the year. This achievement reversed a six-month downtrend
Blow to Bitcoin Bulls as Price Hits China FUD Level [Again]
Bitcoin was struggling to resume its explosive upside action on Friday as it felt the pressure from a so-called China FUD level. The offbeat
Bitcoin to Form Golden Cross but It Cannot Guarantee a Bull Run
Bitcoin traders are enthusiastic about a textbook technical indicator whose formation could send the asset's prices higher. Dubbed as Golden Cross, the
Bitcoin Be Mine: Celebrate Valentine’s Day the Crypto Way
It’s Valentine’s Day and crypto investors are currently sitting on early 2020 profits from Bitcoin and altcoins. Love is in the air and money is filling
This Bitcoin Metric Is Over 100% Higher in 2 Months, and It’s Critical for Bulls
Over the past 60 days, Bitcoin has found itself rocketing higher, rallying from a low of $6,400 to a local top of $10,500 in the span of two months.
In Wake of Jewish Delegation’s Visit Saudi FM Denies Any Relations with Israel
King Salman bin Abdulaziz phoned Palestinian Authority Chairman Mahmoud Abbas "to underscore Saudi Arabia’s firm position on the Palestinian cause."
Alviva shares crash 25% as ICT distribution comes up short
Shares in technology distribution group Alviva Holdings tumbled more than 25% in intraday trading in Johannesburg on Friday after it shocked investors with a profit warning.
Mark Zuckerberg to voice support for global tax on tech giants
Facebook CEO Mark Zuckerberg is to offer public support for international tax reform which would see technology giants pay more tax in Europe.
Ramaphosa plan is no quick fix for South Africa’s energy woes
President Cyril Ramaphosa’s plans to overhaul the energy industry have some way to go before they provide answers to the nation’s crippling power shortages.
NVIDIA Financial Results Fourth Quarter and Fiscal 2020 - Positive Forecasts Despite Coronavirus
NVIDIA today reported revenue for the fourth quarter ended Jan. 26, 2020, of $3.11 billion, up 41 percent from $2.21 billion a year earlier, and up 3 percent from $3.01 billion in the previous quarter...
German economy stagnates as eurozone growth reaches 7-year low
Germany, Europe’s largest economy, has recorded a zero growth between October and December, as manufacturing remained in a slump and exports fell.
Kosovo and Serbia sign historic deal on rail and road links
It comes weeks after Belgrade and Pristina agreed to resume direct flights for the first time since the Kosovo War.
Angry spanish farmers invade Valencia
Hundreds of tractors brought the coastal city of Valencia to a halt, with tractors also blocking many roads in the southern Andalusia region
Google takes appeal against €2.4bn fine to European Court of Justice
The European Court of Justice is hearing Google's appeal over a 2017 sanction for anti-competitive behaviour.
When Frederick Douglass met Ireland's "Liberator" Daniel O’Connell in 1845
American abolitionist Frederick Douglass wrote how he was 'captivated' after attending a speech made by Daniel O'Connell, "The Liberator."
Irish whiskey sales in US on the up as American spirits exports plunge due to tariffs
It marks an even better year for Irish whiskey than 2018 when US sales topped $1 billion for the first time ever.
Lewis pays tribute to predecessor as a ‘good friend’
Julian Smith was sacked as Northern Ireland Secretary during Thursday’s Cabinet reshuffle.
Shops and apartments plans withdrawn
Plans to transform a disused piece of land that has become a magnet for fly-tipping into shops and apartments have been withdrawn.
Royal Bank of Scotland to be renamed after 293 years
The Government-controlled bank will become NatWest Group and agreed to a 5p-a-share special dividend after profits hit £4.2bn last year.
Author Lee Child: A united Ireland is hundreds of years overdue
The best-selling writer said he is in the process of applying for an Irish passport.
Wolverhampton's Beatties building should become hotel - councillor
The new owners of Wolverhampton’s historic Beatties building should turn the landmark into a luxury hotel, a leading city councillor has said.
Australia's First Hospital's Construction Was Paid for Exclusively through Rum Sales
In the early 1800s, Australia was faced with a lack of infrastructure, so one British general hatched an interesting idea to pay for the country's first hospital.
Boston Dynamics' Robot Dog Spot Will Soon Start Working on Oil Rigs
Spot, Boston Dynamics' robot dog, is going to begin work on Aker BP's Skarv oil rig. As an attempt to move away from the dangerous roles on oil rigs, the companies are working together to find a safe solution.
IRS Backs Off Fortnite Gaming Currency As Reportable Income
The IRS has deleted a part of its website regarding the taxation of video game currency, perplexing gamers and others as to the question of taxing virtual cash.
Sainsbury’s Introduces New C-Store Format; SHOWFIELDS To Open In Miami
Sainsbury's unveiled a new c-store format in London called On The Go, and used data to create the Mansion House store to meet the needs of busy city workers.
India’s Antitrust Investigation Into Amazon, Flipkart On Hold
eCommerce News: The Bengaluru court in India put the CCI antitrust investigation into Amazon and Flipkart on hold for two months following a challenge by Amazon.
Modell’s Brings On Advisers Amid Slumping Sales, Online Competition
Modell's Sporting Goods has brought on a trio of advisers with the inclusion of a chief restructuring officer in response to disappointing sales.
Consumer Spending Drives Jan. Retail Sales Boost
News: Retail sales, which are an indication of purchases at restaurants, stores and online, rose a seasonally adjusted 0.3 percent last month from December.
Consumers Turn To Unattended Retail For Speed, Shorter Lines
The February 2020 Future of Unattended Retail Report: Vending as the New Contextual Commerce examines what consumers expect from advanced UR encounters.
Puerto Rico Falls Prey To $4M Online Fraud
Fraud News: An online scam targeted $4 million in retirement funds from at least four Puerto Rico agencies, according to reports on Thursday (Feb. 14).
The ABCs Of The California Gig Worker Ruling
California's ruling to deny a request to halt enforcement of AB5 spotlights the clash between the private sector and the government over the gig economy and more.
SilverCloud On How FIs Can Offer SMBs A ‘Consumer’ Banking Experience
SilverCloud CEO Scott Cornell tells PYMNTS how forward-thinking FIs can bring digital tools that improve consumer relationships to their corporate customers.
Procurement, Digital Banking See VC Funding Rounds
This week's B2B funding focused on Software-as-a-Service (SaaS), cash flow amid streamlining payments and supply chain visibility, as well as digital banking.
How Greyhound Bus Makes Fraudsters Play Fare
The Merchant Fraud Decisioning Playbook examines new fraud threats against merchants and how businesses, payment providers and security players are responding.
Reinventing Shopping And Agriculture With Innovation
Innovators aim to transform shopping and agriculture with new approaches to shopping centers and farms, with the help of tools like artificial intelligence.
Wine.com Uncorks A Vintage Year
Wine.com snagged the title of most successful wine retailer of 2019, achieved with a focus on accessibility, according to CEO Rich Bergsund.
MyTheresa eCommerce Fashion Brand Plans To Go Public
MyTheresa, the online luxury fashion retailer, plans to list on the New York Stock Exchange to take advantage of robust equity markets.
How Dynamic Supply Chain Analytics Smooths Cash Flow
ClearMetal discusses the impact of static data analytics on cash flow through the supply chain, with impacts on inventory and invoice-to-payment cycles.
Europe Seeks To Have G20 Tackle Tech Firm Taxation
Europe now wants global financial leaders in the G20 to make taxing digital giants a priority in 2020.
DoT Asks Airtel, Vodafone Idea, Others To Clear AGR Dues By Midnight
Airtel has told the DoT it will deposit Rs 10,000 crore of AGR dues by Feb. 20, 2020, and the balance before next date of hearing.
Motorists to pay more for fuel
Super petrol and diesel prices go up Sh2.67 and Sh2.13 respectively.
Valentine’s Day: Love or business?
Even for poor people, the temptation to outdo themselves during the Valentine’s Day is high.
Meru medics threaten strike
They will issue a notice next week as talks with the county have failed.
CS summoned over illegal Sh4.9bn contract
Senators want answers on a contract for provision of Health Care Information Technology.
Protecting children from harmful food marketing
Professor Amandine Garde highlights the growing recognition of unhealthy food marketing as a major children’s rights issue, and what can and should be done to address it
NERC: Power sector recorded N1.7trn tariff shortfall in four years
The Nigerian Electricity Regulatory Commission (NERC) says the power sector recorded ₦1.72 trillion tariff-related revenue shortfall from 2015 to 2019. The commission said this in a newly released consultation paper
FIRS: Tax waivers, illicit flows responsible for low revenue
The FIRS says it has not been able to meet its revenue target because of non-discretionary tax waiver grants and illicit financial flows
We’ll improve on service delivery to Lagosians, says commissioner
Ajibola Ponnle, commissioner for establishments, training and pensions in Lagos, says her ministry will inspire paradigm shift towards improving service delivery to Lagosians. Ponnle said this at the launch of Simple,
2 top ASX dividend shares to buy and hold for the next decade
Here's why you can't go past these two top ASX dividend shares as long-term investments over the next decade.
4 of the biggest news pieces from the ASX200 this week
These were 4 of the biggest news items from the ASX 200 (ASX:XJO) this week. Read how this affected these individual companies.
Why you can never have too much super
If you're working hard and planning for retirement, you might wonder if you have too much in super. In my opinion, you can't.
These were the worst performing ASX 200 shares last week
The Blackmores Limited (ASX:BKL) share price was among the worst performers on the ASX 200 last week…
How much does the average Australian earn?
How much does the average Australian earn? Do you earn more than the average Australian wage earner? How can you earn more?
Beware of the perils of swimming against the tide
Why the share market and the ocean have much in common, and the lessons we can take from learning not to swim against the tide.
4 ASX shares to watch in week 3 of reporting season
Here are 4 great ASX shares to watch during the busiest week of February's ASX reporting season.
Replace your entire wage with dividends from ASX shares
You can replace your entire wage with dividends from ASX shares.
Forget saving money! I’d invest using these 3 Warren Buffett tips
I think adopting a value investing strategy such as that used by Warren Buffett could be a better idea than having cash savings.
3 of the best ASX dividend shares to buy next week
Why I think income investors should buy Telstra Corporation Ltd (ASX:TLS) and these ASX dividend shares next week
These were the best performing ASX 200 shares last week
The IDP Education Ltd (ASX:IEL) share price was among the best performers on the ASX 200 last week…
4 ASX shares to get you started in investing
If you're looking to get started in investing, here's why I think BHP Group Ltd (ASX: BHP) and these 3 other ASX shares are a great place to begin.
Were these the best results on the ASX last week?
Why I think Commonwealth Bank of Australia (ASX:CBA) and these ASX shares delivered the strongest results last week…
Retirement hack: cheap dividend stocks could make you a million
Buying undervalued income shares could boost your chances of generating a seven-figure portfolio.
The secret to finding the best ASX shares – breaking all the rules
Let's look at David Gardner’s six rule breaker traits and see how they apply to the best ASX growth shares like CSL Limited (ASX:CSL).
GTBank, Zenith, Access, First bank, UBA get some Love on Valentine’s Day
Love is in the air and Nigerian bank users have spoken. ‘Who is the love of your life? Who is your crush? Your side boo? Your worst ex? Who will you break up with?’ Here at Ciuci Consulting, our annual banking report – What Retail Banking Customers Want for 2020 has started on a ‘love note’ with the #BankLoveChallenge.
Huawei, Meng face new US charges of trade secrets theft
Chinese tech giant Huawei has been hit with fresh US criminal charges alleging a "decades-long" effort to steal trade secrets from American companies.
The Refined Investor Series 2020 promises to provide actionable insights for investors
The Refined Investor Series, reputed for high-level conversations is well attended by high profile business leaders and investors- and this year is no different as Fine & Country West Africa will be collaborating with PwC and Udo Udoma & Belo-Osagie as knowledge partners to execute what has been described as one of the most anticipated & insightful Real Estate events for the upper quartile market in Nigeria.
Deploy self-regulatory mechanism to check influx of substandard goods- SON
SON has urged electronic dealers at Alaba International Market in Lagos to deploy a self-regulatory mechanism to check the influx of substandard goods.
Yobe Government approves N220.7m for payment of LG retirees
Yobe Governor, Mai Mala Buni has approved N220.7 million for the payment of retirement benefits to180 retirees from the 17 local government areas
UK could face ECJ if it fails to apply Irish protocol
The UK can be brought to the European Court of Justice if it fails to carry out checks and controls on goods going from Great Britain to Northern Ireland, EU sources have confirmed.
Chartered Accountants Ireland excludes Willie McAteer
Willie McAteer has been excluded from Chartered Accountants Ireland after a disciplinary tribunal found he had brought discredit on himself and his profession.
Tanzania borrows Sh147bn to construction a 550km SGR
NAIROBI, Kenya, Feb 14 – The government of Tanzania has received a Sh147 billion loan from Standard Chartered Bank Tanzania to fund the construction of Kenya breaking news | Kenya news today |
Tanzania borrows Sh147bn to construct 550km SGR line
NAIROBI, Kenya, Feb 14 – The government of Tanzania has received a Sh147 billion loan from Standard Chartered Bank Tanzania to fund the construction of Kenya breaking news | Kenya news today |
Motorists to pay more for petrol, diesel as import bill rises
NAIROBI, Kenya, Feb 14- Motorists will from mid-night pay more for super petrol after the energy watchdog hiked the price of the commodity by Sh2.67 to Kenya breaking news | Kenya news today |
Virgin Galactic’s SpaceShipTwo arrives in New Mexico
Virgin Galactic’s SpaceShipTwo suborbital spaceplane arrived at the company’s spaceport in New Mexico Feb. 13, ready for a final series of test flights.
VN-Index dips, ending three-session gaining streak - VnExpress International
Vietnam’s benchmark stock market index slipped 0.08 percent to 937.45 points Friday, ending a three-session gaining streak.
Vietnam Airlines loses up to $10.8 million a week to Covid-19 - VnExpress International
Vietnam Airlines has lost VND200-250 billion ($8.6-10.8 million) per week following flight suspension to China, the national carrier said in a statement.
Student fury as colleges push limits with accommodation fee hikes
A number of colleges around the country are raising their student accommodation fees by the maxim...
Irish firm signs €40m deal to supply European and UK markets
An Irish food company has signed a €40m deal with Lidl, which will see it supply its Irish, Eur...
K’taka HC stays CCI probe order against Amazon, Flipkart
The respondents in the case, which are the Confederation of All India Traders (CAIT) and Delhi Vyapar Mahasangh, have decided to file an appeal against the order of the High Court with the consultation of their lawyers.
India's 2020-21 pulses import may fall by 50% if government doesn't extend import quotas, says IPGA
As Indian government struggles to support the domestic pulses farmers who are getting non-remunerative prices due to the second consecutive year of bumper production, trade body Indian Pulses and Grains Association (IPGA) has claimed that large scale smuggling of pulses from neighbouring countries is hurting the interests of domestic farmers and traders.
Exports contract for 6th straight month, drop 1.66 per cent in January; trade deficit widens
Shipments of petroleum products, plastic, carpet, gems and jewellery, and leather products contracted by 7.42 per cent, 10.62 per cent, 5.19 per cent, 6.89 per cent, and 7.57 4 per cent, respectively, in January. Imports also fell for the eighth consecutive months, down 0.75 per cent to USD 41.14 billion in January, widening the trade deficit to a seven-month high of USD 15.17 billion, according to the government data released on Friday.
Our real estate biz not dependent on govt reforms & we continue to do well: Adi Godrej
Adi Godrej, Chairman, Godrej Industries, says the last two years have been record years for Godrej Properties. The chemical business is doing well while the consumer company is under a little pressure as peoples purchasing power has come down.
IRB Infra Q3 PAT down 27% at Rs 160 crore
Total expenses increased to Rs 1,534.36 crore, from Rs 1,446.82 crore earlier.
F&O: Options signal Nifty range in 12,000-12,300 zone
India VIX moved up by 1.83 per cent to 13.61.
Temasek arm sells Rs 204 crore Godrej Agrovet shares
The shares were offloaded on an average price of Rs 539.13, valuing the transaction at Rs 204.04 crore.
Risk of duopoly in telecom sector higher than before: Analyst
The room for manoeuvre is now very less for operators. The situation is particularly grave for Voda Idea.
Volkswagen offered 830-mn-euro settlement for German diesel cases
The mass lawsuit is one of the major legal hangovers from VW's 2015 admission to fitting 11 million vehicles worldwide with software to make motors appear less polluting in regulatory tests than in real driving conditions. While diesel buyers in the US have enjoyed generous buyback and compensation schemes, German drivers had so far gone uncompensated for the impact of the scandal, which has since spread to other carmakers.
More risk capital and a strong corporate governance code, key to India's GDP growth: Uday Kotak
Indias aspirational growth of 6-7% depends on risk capital and strong corporate governance code, Kotak said.
Keep some powder dry, invest rest in 4 sectors: Gurmeet Chadha
Look at the last one-year return at the shorter end of the yield curve. Even if we have not taken any duration risk, we have clocked 10-12% kind of a return in the short-term debt category which is almost equal to the Nifty return of last one year, says Gurmeet Chadha, Co-founder, Complete Circle Consultants.
China’s startups on the ropes after virus freezes funding
A backlash against Chinas tech champions in 2019 had begun damping a decade or more of go-go optimism and investment that fueled one of the fastest and largest creations of wealth the world has seen.
SBI a value play, buy Page Industries on dips: Rahul Shah, MOFSL
The economy is bottoming out and rural consumption is definitely growing. Plus, this quarters numbers have been fairly decent. I do not think there could be any more pain here for the auto sector in coming month, says Rahul Shah, Vice President, Broking & Distribution - Motilal Oswal Financial Services.
Govt willing to do more beyond Budget to boost growth: Nirmala Sitharaman
Sitharaman said that if required, the government would take more steps beyond Budget announcements.
Why Neeraj Dewan in bullish on consumption, infra and auto
Neeraj Dewan, Director, Quantum Securities, says growth is not happening for the larger part of the market, but four to six months down the line, the economic activity should pick up and one must select stocks based on that.
Allow one-time restructuring of real estate loans to complete stuck projects: Keki Mistry, HDFC
If loan restructuring is allowed, then new lenders will come and provide funding for a project with proper diligence, proper safeguards while ring-fencing the money. If that is done, then these projects can get completed and home buyers can get their apartments, says Keki Mistry, CEO, HDFC.
PAN to become inoperative after March 31 if not linked with Aadhaar: Income Tax Dept
PAN will become inoperative if it is not linked with Aadhaar by March 31, the I-T department has said.
CBDT notifies forms for firms to avail lower corporate taxes
The move comes after the government had slashed corporate tax rate last year in September as a measure to boost economic activity. The base corporate tax for existing companies was brought down to 22% from the current 30% while for new manufacturing firms, the tax was reduced to 15 per cent from the current 25 per cent.
Edelweiss Q3 profit drops 93% to Rs 17 crore; debt-to-equity ratio improves
Consolidated expenditure of the company increased to Rs 2,598.06 crore in Q3FY20 over Rs 2,439.14 crore in Q3FY19.
SpiceJet shares climb nearly 6% after Q3 results
In the 2018 December quarter, the carrier recorded a profit of Rs 55 crore.
DMart OFS: Non-retail quota subscribed 3.4 times
Radhakishan Damani and other promoters of Avenue Supermarts would be selling 2.28 per cent stake or 1.5 crore shares of the company in a Rs 3,500-crore deal.
India, Portugal ink seven pacts after Modi-Sousa talks
The pacts provide for cooperation in areas of investment, transport, ports, culture and industrial and intellectual property rights. Portugal is an important country for India in Southern Europe, and bilateral ties have witnessed a steady progress in the last 15 years. In October 2005, Portugal extradited Abu Salem and Monica Bedi to face terror charges.
Beeping power bank in unclaimed bag triggers bomb scare in SC
Security officials said the bag was emptied at an isolated place and it was found that the beep sound was coming out of a power bank.
Get ready for global economy's dreadful future: Save more, work longer, and expect less
Ultra-low and negative interest rates are taking hold in countries where economic growth has been sluggish.
SC completely lifts ban on construction activities in Delhi-NCR
The apex court had on November 4 last year banned all construction and demolition activities in Delhi-NCR. About a month later, on December 9, lifted the ban partially and allowed construction activities between 6 AM and 6 PM, after the Central Pollution Control Board had said that air quality index (AQI) level was not severe at that time.
After Supreme Court rap, DoT orders telcos to clear dues immediately
The order by the DoT has asked telcos to clear dues by 11.59 pm Friday.
Ex-Newsweek owner dodges jail after pleading guilty in money-laundering scandal
A $35 million fraud and money-laundering scandal that ensnared Newsweek magazine and a small California Bible college wrapped up Friday with guilty pleas from two executives who had helped mastermind
Foreigners Dump Turkish Local Assets by Close to Record Amounts
Turkish local assets were hit last week by one of the largest bouts of foreign disinvestment in the last five years, Deutsche Bank said on Friday. The outflow signaled bearish market sentiment towards Turkey, which has seen the lira weaken in recent
Official Survey Says Unemployment in West Bank, Gaza Rises 25%
Unemployment in the Palestinian labor force rose 25 percent in 2019, revealed an official report by the Palestinian Central Bureau of Statistics on Thursday. The number of unemployed was 343,800 in 2019, with 215,100 in the Gaza Strip and 128,700 in
Saudi Arabia, UAE Among Top 10 Logistics Markets
Arabian Gulf countries have had a high ranking in the 2020 Agility Emerging Markets Logistics Index, with UAE and Saudi Arabia among the top 10 logistics markets. In the GCC, the UAE ranked third, Saudi Arabia sixth, Oman 14th, Bahrain 15th, and Kuwa
Egypt Discusses Reinforcing Cooperation with Aramco
Egypt's Minister of Petroleum and Mineral Resources Tarek El-Molla has discussed with Fahad al-Ammari, General Manager of Area Projects-Upstream Project Management Saudi Aramco, and his accompanying delegation reinforcing bilateral cooperation on imp
Singapore woos world’s biggest money managers with new law
The law, known as the Variable Capital Companies Act, makes it easier for overseas and domestic entities to register funds in Singapore if they have a locally based fund manager.
Rising garlic price cannot be blamed on coronavirus: Business watchdog
As some suggest the coronavirus outbreak may be behind the sharp rise in garlic prices, the competition watchdog is not having any of it, blaming importers instead.
Indonesia promotes ASEAN Outlook on Indo-Pacific at middle power meet
Indonesia is using a meeting of loosely associated and like-minded countries in Mexico City to promote the vision of an inclusive Indo-Pacific region, underlining the importance of dialogue to foster cooperation instead of rivalry.
CGS-CIMB launches online trading platform for retail investors
With the launch of an online trading platform, PT CGS-CIMB Sekuritas Indonesia hopes to get more individuals to invest in Indonesia's stock market.
Pertamina to kick off gas, oil exploration in Thousand Islands in March
Upstream oil and gas company PT Pertamina Hulu Energi (PHE) Offshore Southeast Sumatra (OSES) plans to start oil and gas exploration in the Thousand Islands, north of Jakarta’s coast, next month.
State pawnshop Pegadaian on the lookout for fintech partners to develop digital financing
Pegadaian president director Kuswiyoto said on Thursday that the partnership with fintech operators was expected to further develop services the company provide in the Pegadaian Digital mobile apps.
Kresna goes about business as usual despite reports of problems related to Jiwasraya
The Financial Services Authority (OJK) has denied reports that investment management firm PT Kresna Asset Management (KAM) and life insurer PT Kresna Life are under investigation by the Attorney General’s Office (AGO).
No discounts, no problem: E-wallet users stick around despite less cash back
GoPay has the highest number "organic" users with 54 percent of respondents willing to continue using the e-wallet without promotions. OVO came in second with 29 percent organic users while DANA and LinkAja had 11 percent and 6 percent, respectively.
Quick strategies needed to shift dependency on China
China is Indonesia's largest trading partner, our second-largest supplier and third-largest foreign investor. These three indicators should be more than enough for us to be vigilant and immediately anticipate further adverse impacts.
Asia sees sharp decline in match-fixing, says AFC
"From 2016 we've witnessed a decline in match-fixing across Asia by 21% and with our efforts in tandem with Sportradar, the preventive measures we've introduced have produced positive results," Benoit Pasquier, AFC General Counsel and Director of Legal Affairs, told Reuters by email.
10 things you need to know before the opening bell
This is what traders are talking about.
Warren Buffett loves using Valentine's Day to explain why See's Candies is his 'dream business'
"See's Candies means getting kissed," Buffett said in 1998. "If we can get that in the minds of people, we can raise prices."
Aldi is about to increase the price of its bag for life up to 15p
Stores will also scrap single-use produce bags
Tesco illegally stopped landlords renting out sites near its stores to rivals, a watchdog found
It blocked rivals from opening stores in 23 locations across the UK - including one in Wales
Solar farm as big as 19 rugby pitches and overlooking Swansea city centre is planned for Kilvey Hill
But energy bosses insist it wouldn't have an impact on the amazing views across Swansea Bay
Tesco is selling 100 Jaffa Cakes for just £3.75
The bargain boxes won't be on offer for long so be quick
Analysts Admit Bitcoin Could See Larger Price Pullback After 3% Drop
Over the past 60 days, since bottoming at $6,400 in the middle of December, Bitcoin has been on a near-relentless surge higher.
Top Analyst Confirms $100,000 Bitcoin Price Target For End of 2021
A prominent analyst hailing from institutional markets in Europe recently threw his weight behind a prediction that Bitcoin will trade at least as high as $100,000 by the end of 2021
"No Rollbacks": BitMEX Says After 62% XRP Flash Crash
XRP saw a "flash crash" on the BitMex exchange, with the asset's price plunging by 50% in a few minutes' time.
Inside iearn.finance: a DeFi Aggregator for Optimized Yield Opportunities
The iearn.finance platform is described "an aggregator of interest-earning DeFi opportunities."
Shoppers say £5 perfume is exactly like a £130 YSL fragrance
Fans are buying in bulk due to fear of it selling out
Seattle Genetics wins FDA priority review for oral HER2 drug
Seattle Genetics has scored a US Food and Drug Administration priority review for its oral HER2 inhibitor tucatinib in breast cancer, setting it up for a regulatory decision in August.
AZ revenues rise, but it says coronavirus could hit 2020
AstraZeneca’s new drugs powered a surge in revenues in 2019, but chief executive Pascal Soriot thinks the Covid-19 outbreak could weight on its 2020 performance.
You could be cheating on your taxes without realizing it. Here's how to tell.
Recent changes in tax laws eliminating or curtailing some long-time deductions and credits could turn ordinary taxpayers into inadvertent tax cheats.
US’ 4th extension shows Huawei’s strength: industry insiders
The US Department of Commerce announced on Thursday that it was issuing a 45-day extension allowing US companies to continue doing business with Chinese telecoms giant Huawei Technologies Co. It is the fourth such extension by the US.
BIR: Taxpayers should use online tax payment facilities
As the filing of the 2019 income tax returns nears, the Bureau of Internal Revenue (BIR) asked yesterday all taxpayers to make use of the online payment system which is more convenient and easy to use.
Duterte promotes local tourism amid COVID-19 scare
President Duterte has urged Filipinos to travel with him around the Philippines amid growing concern over the threat of the coronavirus disease (COVID-19) in the country.
Taal volcano status lowered to Alert Level 2
The Philippine Institute of Volcanology and Seismology (Phivolcs) lowered Taal Volcano’s alert status to alert level 2 on Friday.
DILG chief tells LGUs to ramp up ASF prevention efforts
Department of the Interior and Local Government (DILG) Secretary Eduardo M. Año on Friday asked all local government units (LGUs) to tighten up African swine flu (ASF) prevention efforts and similar control measures in their respective turfs.
DA assures no ASF in Caraga region
BUTUAN CITY – “No cause for alarm because there is no case of African Swine Fever (ASF) in Northeastern Mindanao due to tighter measures to prevent the contagious disease from entering Caraga region,” stressed Emmylou T. Presilda, regional spokesperson of the Department of Agriculture said.
Pasig City partners with ARTA for first-ever LGU anti-red tape unit
The Pasig City government was the first local government unit (LGU) to forge a partnership with the Anti-Red Tape Authority (ARTA) for the creation of a specialized unit against bureaucratic red tape.
DA allocates P3.7 million for Negros Oriental abaca, cotton farmers
CEBU CITY – The Department of Agriculture (DA) and the Fiber Industry Development Authority (FIDA) allocated about P3.7 million in financial assistance for the development and expansion projects of abaca and cotton farmers in Negros Oriental.
Wells Fargo invests in crypto monitoring firm Elliptic
San Francisco-based banking giant Wells Fargo has invested US$5 million in British startup Elliptic, a provider of risk management systems for the cryptocurrency sector. The investment came from Wells Fargo Strategic Capital, the venture unit of the fourth-largest US bank by assets, as an extension of Elliptic’s US$23 million Series B funding round announced in…
RBS to slash investment bank, rebrand as NatWest
Royal Bank of Scotland’s new chief executive Alison Rose unveiled a new strategy for the taxpayer-backed bank on Friday, including radically cutting back the size of its loss-making investment bank and renaming the company NatWest, Reuters reports. Rose, the first woman to lead one of Britain’s major banks, is hoping a rebrand will help shift…
Toyota Mobility Foundation launches City Architecture for Tomorrow Challenge with MDEC in Kuala Lumpur
The cities of today are evolving at a rapid rate, and with increases in population in them, this has placed significant pressure on infrastructure and
Supreme Court rejects telecom operators' plea for new schedule for AGR payments
The telecom companies appealed before the top court challenging its verdict on Rs 92,000 crore past dues
EU officials push for bloc to enforce Libya arms embargo
BERLIN — European Union officials are seeking support from member states to have naval ships enforce the U.N. arms embargo against Libya, according to a document obtained by The Associated Press on Friday.
German economy stagnated in fourth quarter
FRANKFURT — Growth ground to a halt at the end of the year in Germany, Europe’s largest economy, as manufacturing remained in a slump and exports fell. The figure underlines the challenge facing the eurozone.
Lime Asset deliberately deceived investors in awareness of losses: FSS
South Korean fund operator Lime Asset Management and its seller Shinhan Investment deliberately duped investors by concealing their losses and continuing the sale of the related products, the watchdog Financial Supervisory Service said Friday. Based on an intermediary inspection and accounting audit, the FSS estimated that two of the disputed parent funds may suffer losses of up to 730 billion won ($617.5 million). ...
Hana Financial signs W77b deal to acquire The-K Non-Life
Hana Financial Group said Friday it had inked a sales and purchase agreement with the Korea Teachers’ Credit Union to buy a 70 percent stake in The-K Non-Life Insurance for 77 billion won ($65.1 million). This is the first acquisition deal for Korea’s third-largest banking group since the takeover of Korea Exchange Bank in 2013. The-K Non-Life will become the 14th affiliate and second insurer arm t...
Shutdown of CN Rail lines leads to propane shortages in the Maritimes
Businesses and homes across Atlantic Canada are days away from running out of propane as a result of anti-pipeline protests that have cut off rail links across Canada.
A Huge 76% of UK IT Projects Overrun: Mulesoft
Over three quarters (76%) of UK IT projects overrun, a new report by Mulesoft finds. And resourcing constraints married to big ambitions are...
Brexit Takes a Chunk Out of Cisco’s Earnings, as Headwinds Blow
Cisco earnings fell flat this week, with the networking specialist posting a 6% drop in orders. The decline in Europe was blamed squarely on Brexit.
China reports 5,000 new coronavirus cases, cruise ship disembarks in Cambodia
China's coronavirus outbreak showed no sign of peaking with health authorities on Friday reporting more than 5,000 new cases, while passengers on a cruise ship blocked from five countries due to virus fears finally disembarked in Cambodia.
As Boeing jets sit idle, Airbus can’t make planes fast enough
The troubles plaguing Boeing after the yearlong grounding of its 737 Max plane have created an unusual opening for its chief rival, Airbus, to swoop in and grab business. There’s just one hitch: Airbus is in no position to benefit.
Judge grants Amazon motion for pause in Microsoft's Pentagon contract work
A US judge on Thursday granted Amazon.com Inc's request to temporarily halt the US Department of Defense and Microsoft Corp from moving forward on an up-to-$10 billion cloud computing deal that Amazon says reflected undue influence by President Donald Trump.
7 ways supermarkets try to tempt you into spending more money
Wonder why you always end up making impulse buys at the supermarket? Here’s some of the tactics they use to get shoppers to part with more cash.
River Island’s Irish profits jump more than 50%
Gordon Deegan Pre-tax profits at the Irish arm of fashion retailer River Island increased by 53% to €4.89m in 2018, newly-filed accounts show.
Alan Costello: Engineering a bright future for everyone
THE last 10 months have been particularly busy, and rewarding, for Alan Costello. In April 2019, he was elected chairman of the Cork branch of Engineers Ireland.
Body of missing British hiker found in New Zealand national park
Stephanie Simpson was reported missing after failing to return to work following a hiking trip.
Irish homeowners with €300k mortgage paying €229 more a month than euro area average
Irish homeowners with a €300k mortgage being repaid over 30 years are paying €229 more a month than their euro area counterparts, according to figures released today by the Brokers Ireland group.
Germany unlikely to stoke stuttering eurozone coffers
Germany entered 2020 with a flatlining economy and manufacturers in distress, leaving it ill prepared for continued trade uncertainty and the new coronavirus threat.
New taxi company eyes expansion in unlikely Saskatoon success story
Captain Taxi started in the middle of the first year of ride sharing in the city
UD cuts pace of budget growth by $10 million, searches for new savings
— University of Dayton leaders say the school remains strong, but it needs to be nimble in facing demographic and population challenges that impact universities in Ohio and beyond.
WSU president: ‘We are open for business’
— Wright State University (WSU) will have a brighter future if it can win partners among Dayton-area businesses, Wright State’s new president, Sue Edwards, told Dayton Area Chamber of Commerce members Friday.
Historic school on Salem Avenue planned for redevelopment
Dayton’s school board will approve the sale of 10 former school sites next Tuesday — nine vacant lots plus the historic Longfellow school at 245 Salem Avenue, which will become a redevelopment project.
Former Anglo finance chief Willie McAteer expelled from accounting body
Membership of Chartered Accountants Ireland revoked and payment of €15,000 towards tribunal costs agreed
State-funded health agency and social services staff to strike
Trade unions Siptu and Fórsa serve notice for a 24-hour work stoppage on February 21st
Brendan O’Connor inherits Marian Finucane slot on RTÉ Radio 1
Journalist and presenter departs deputy editor role at Sunday Independent
Irish judge says Google’s €2.4bn fine is ‘a small amount of cash’
Colm Mac Eochaidh remarks made at appeal hearing at General Court in Luxembourg
Tax Appeals Commission dismisses bank’s attempt to write off Revenue bill
Unidentified bank facing assessment of €1.4 million
US accuses Huawei of stealing trade secrets, assisting Iran
Company charged with conspiring to steal trade secrets from six US technology firms
Kraft Heinz downgraded to junk status by Fitch Ratings
Food firm ends up with massive debt load due to deals and jeopardised credit ratings
Washington lobbyist leading the push to break up corporate monopolies
Antitrust activist Sarah Miller is part of a push to rewire the US economy
Profits at River Island’s Irish arm rise 53%
Revenue declines by 15%
Google’s €2.4bn fine ‘a small amount of cash’
Colm Mac Eochaidh comments come during hear at EU’s General Court in Luxembourg
Renault slashes dividend as Nissan income falls 84%
Carmaker, which owns 43% of Nissan, saw full-year profit miss estimates after sales fall
Chinese pharma firm in Dundalk suspends travel to and from China
WuXi said it prioritised its employees’ ‘health, safety and wellbeing’
Facebook may have to pay more tax, Zuckerberg accepts
Global cross-border taxation rules are set to be rewritten
Enterprise Ireland ranked second globally for VC deal count
State agency backed 200 early-stage companies last year with about 1,500 in its portfolio
Coronavirus prompts HSBC and Shell to send staff home
Employees in Hong Kong and Singapore came into contact with people infected
UK carrier Three deploying 5G in time for ‘critical’ launch of new iPhones
UK carrier Three is launching 5G service at the end of the month, saying that this year's flagship iPhones will be a 'critical' point in demand ...
Ming-Chi Kuo casts doubt on 2×2 MIMO uplink support for 5G iPhone 12
Apple’s iPhone 12 may not support 2×2 uplink as initially expected, according to the latest report from Ming-Chi Kuo. TF Securities’ analyst Ming-Chi Kuo said in June 2019 that the 5G iPhone rollout would benefit WIN SEMI and Broadcom significantly, with the devices featuring six power amplifiers for 5G networking. However, Kuo has now scaled […]
British bank RBS changes name in evolution to 'purpose-led' operation
Feb. 14 (UPI) -- The Royal Bank of Scotland announced Friday it will change its name to the NatWest Group later this year as part of a shift to become a "purpose-led" operation -- and distance itself from scandals related to a major bailout more than a decade ago.
Tesla plans second stock offering to raise more than $2B
Feb. 14 (UPI) -- Electric automaker Tesla says it will make a secondary stock offer in a bid to raise more than $2 billion to shore up its balance sheet -- less than two weeks after boss Elon Musk said it "didn't make sense" to raise more money.
Americans to spend a record $27.4B for Valentine's Day, survey says
Feb. 14 (UPI) -- Americans are expected to set a record for Valentine's Day spending this year, according to a survey by the National Retail Federation.
A Seismic Shift? Kraken Releases January Bitcoin Volatility Report
Kraken Intelligence, our team of in-house research experts, has released its Bitcoin Volatility Report for January, 2020. Key Takeaways BTC’s +30.3% price appreciation marked its best start to the year since 2013. Stronger 1-month correlations with gold, oil, and US treasuries suggest that the Iran-US…
Wyndham, the world’s largest hotel brand, has temporarily closed 70% of its hotels in China in response to the coronavirus outbreak
Wyndham Hotels has temporarily closed approximately 1,000, or 70%, of its 1,500 hotels in China in response to the coronavirus outbreak, Wyndham CEO Geoff Ballotti said on an earnings call with investors on Thursday.
An inside look at the debate around pandemic bonds, which have $425 million hinging on how deadly the coronavirus ends up being
A group of unique bondholders will either reap massive profits or lose hundreds of millions of dollars as the coronavirus outbreak escalates.
Ethiopia to delay parliamentary elections by two weeks to August 29
ADDIS ABABA (Reuters) - Ethiopia’s election body said on Friday it would delay August’s parliamentary elections by two weeks and hold them on Aug. 29.
China's Xi says to fix problems exposed during coronavirus outbreak: state TV
BEIJING (Reuters) - Chinese President Xi Jinping said on Friday the ruling Communist Party must fix various problems, loopholes and weaknesses exposed during the current outbreak of the coronavirus, state television reported on Friday.
China’s capital Beijing imposes 14-day quarantine on arrivals
BEIJING (Reuters) - The Chinese capital Beijing is imposing a 14-day self-quarantine on all those returning to the city, and will punish those who refuse to quarantine themselves or follow official rules on containing a new coronavirus, city authorities said on Friday.
Insured losses from storm Ciara could near $2 billion, RMS estimates
(Reuters) - Total insured property losses from storm Ciara, which was named Sabine in Germany, could be between 1.1 billion and 1.8 billion euros ($1.2 billion-$1.95 billion), catastrophe risk modeling firm RMS estimated on Friday.
Cocoa traders expect adverse weather, hoarding to hit Ivorian sales
ABIDJAN/LONDON (Reuters) - Adverse weather and hoarding in Ivory Coast could see sales of the top cocoa producer’s largest export fall some way short of consensus, which could push global prices higher, traders said.
Alstom executive investigated over Italian train crash
ROME (Reuters) - Italian prosecutors have placed a senior executive of engineering group Alstom under investigation after a deadly high-speed train derailment in the northern Italian region of Lodi last week.
Total considers stopping fuel oil sales for power: CEO
ABERDEEN, Scotland (Reuters) - France’s Total (TOTF.PA) is considering stopping sales of fuel oil to power markets as the energy giant seeks to reduce its carbon footprint and grow its renewable power business, its chief executive told Reuters.
Attackers kill 31 in Mali village, after massacre last year at same site
BAMAKO (Reuters) - At least 31 people were killed on Friday in an attack on a village that was the scene last year of Mali’s worst civilian massacre in recent memory, the government said.
Nissan shares tumble to ten-and-a-half year low after earnings rout; Renault also suffers
TOKYO (Reuters) - Shares of Nissan Motor Co sank to their lowest in more than a decade on Friday, after deep cuts to the troubled Japanese automaker’s earnings forecast and dividend raised questions about its future profitability.
Vietnam says monitoring over 5,000 Chinese workers for coronavirus
HANOI (Reuters) - Vietnam is monitoring more than 5,000 workers who returned to the Southeast Asian country after the Lunar New Year holiday for signs of coronavirus, state media reported on Friday.
Investors welcome Poland's decision to freeze last coal-fueled plant project
WARSAW (Reuters) - Shares in Polish state-run utilities Energa and Enea gained on Friday after they froze financing of their joint project to build 1 a GW coal-fueled power unit, citing difficulties raising funds due to environmental concerns.
Renault plans $2.2 billion 'no taboos' cost cuts after first loss in a decade
PARIS (Reuters) - Renault’s (RENA.PA) first loss in a decade triggered a no-taboos commitment to cut costs by 2 billion euros ($2.2 billion) over the next three years from the carmaker on Friday, as it tries to put the Carlos Ghosn affair behind it.
Samsung's jailed board chairman quits
SEOUL (Reuters) - Samsung Electronics’ (005930.KS) board Chairman Lee Sang-hoon, who was convicted and jailed for sabotaging union activities, has resigned from the South Korean company, it said on Friday.
U.S. January industrial output falls on weather, Boeing drop
WASHINGTON (Reuters) - U.S. industrial production fell 0.3% in January as unseasonably warm weather held down the output of utilities and Boeing Co (BA.N) cut production of civilian aircraft, the Federal Reserve said on Friday.
Philippines to lift Taiwan travel ban imposed over coronavirus
MANILA/TAIPEI (Reuters) - The Philippines has lifted a travel ban that was imposed on visitors from Taiwan in a bid to control the spread of the coronavirus, and will evaluate other restrictions including those on Macau, government officials said on Friday.
Lufthansa Group extends China flight cancellations to March 28 over virus outbreak
BERLIN (Reuters) - Germany’s Lufthansa (LHAG.DE) on Friday said it would suspend all flights to mainland China until March 28 due to the new coronavirus, which is spreading in China and around the world.
Vietnam quarantines rural community of 10,000 because of coronavirus
HANOI (Reuters) - Vietnam has quarantined a community of 10,000 people near the capital, Hanoi, for 20 days because of fears the coronavirus could spread there, two local officials told Reuters on Thursday.
Thai villagers turn to court in protest over Mekong dam in Laos
BANGKOK (Reuters) - Villagers along the Mekong River have asked a court in Bangkok on Friday to slow down Thai purchases of electricity from a hydropower dam in Laos, which they say has harmed their livelihoods since it began operation last year.
Coronavirus empties exhibition halls, but over time the show will go on
LONDON (Reuters) - When Victoria Beckham sends her models down the London catwalk on Sunday, many of her most important clients will not be sitting in the front row but following from afar as the coronavirus outbreak hobbles international events.
Zuckerberg ready for Facebook to pay more tax as welcomes rules review
MUNICH (Reuters) - Facebook (FB.O) Chief Executive Mark Zuckerberg accepts that global tax reforms mean it may have to pay more taxes in different countries, excerpts of a speech he is due to deliver in Germany on Saturday show.
Europe wants G20 to make taxing digital giants top priority this year
BRUSSELS (Reuters) - Europe wants the world’s financial leaders to make it their top priority this year to reach a deal on global rules for taxing digital giants like Google (GOOGL.O), Amazon (AMZN.O) and Facebook (FB.O), a document showed.
Wirecard quarterly profit strength meets expectations
BERLIN (Reuters) - Payments company Wirecard reported strong quarterly results in line with analyst expectations on Friday and reiterated guidance for core profit growth of 34% this year.
Airlines suspend China flights due to coronavirus outbreak
(Reuters) - Airlines are suspending flights to China in the wake of the new coronavirus outbreak.
Let's stick together on security, Germany's Kramp-Karrenbauer tells UK
BERLIN (Reuters) - The EU and Britain have a shared interest in retaining close security ties after Brexit, Germany’s defense minister told Reuters in an interview.
Boeing to extend labor contract with engineer's union by four years
(Reuters) - U.S. planemaker Boeing Co (BA.N) said it has agreed to a tentative deal with its engineers’ union to extend its labor contract by another four years.
Russia hints at Belarus joining it in a unified state in exchange for oil deal: Lukashenko
MINSK (Reuters) - Moscow has hinted at giving Minsk a deal on energy prices in exchange for Belarus joining Russia in a unified state, Belarusian President Alexander Lukashenko said on Friday, the state news agency Belta reported.
Delta to invest $1 billion to curb global air travel's climate impact
CHICAGO (Reuters) - Delta Air Lines Inc said on Friday it will invest $1 billion over the next decade in initiatives that would limit the impact of global air travel on the environment, the first airline to make a commitment of that scale.
Amazon, Flipkart seek rollback of new Indian tax on online sellers
NEW DELHI (Reuters) - Amazon and Walmart’s Flipkart are among online retailers demanding that India scale back a proposed tax on third-party sellers on their platforms, saying the burden of compliance will hurt the fledgling industry, according to documents seen by Reuters.
Glencore secures five-year deal to supply cobalt to Samsung SDI
(This Feb. 10 story corrects to change title of initiative in paragraph 6)
Is he Britain's Thomas Cromwell? Dominic Cummings chuckles
LONDON (Reuters) - Prime Minister Boris Johnson’s chief adviser, Dominic Cummings, chuckled on Friday when asked by reporters if he was the Thomas Cromwell of British politics.
Volkswagen to shut coal-fired power stations at main factory to cut CO2
FRANKFURT (Reuters) - Volkswagen (VOWG_p.DE) is shutting down two coal-fired power stations at its main plant in Wolfsburg, Germany and has declined offers to sell them to cut down the company’s carbon dioxide emissions, Chief Executive Herbert Diess said on Friday.
Trump to woo Indian executives during New Delhi visit
NEW DELHI (Reuters) - U.S. President Donald Trump will meet executives of large Indian companies with interests in the United States as he looks to drum up investments during his visit to New Delhi this month.
U.S. looking for industry partnership to counter Huawei: White House official
MUNICH (Reuters) - The United States is looking to develop a partnership with the telecoms industry to provide alternatives to China’s Huawei Technologies, a senior White House official said on Friday.
Council says vehicle ban a success despite business complaints
Central Dunedin businesses are up in arms about cars and buses being banned in the Octagon. The Dunedin City Council is hailing the trial closure of the landmark as a success but retailers say it has left them out of pocket and unsure of their future if any ban becomes permanent. The council is holding a series of pedestrian-only trials in the Octagon from January to late March, at the cost of $150,000. The plan is being marketed as the Octagon Experience. The current trial, which began on 27 January and finishes on Sunday, is the most widespread.
An apple a day too much to pay?
A surge in fruit and vegetable prices has driven the largest monthly rise in food costs in nearly three years. Official numbers showed prices rising 2.1 percent in January on the month before. Stats NZ said much higher costs for strawberries and apples and a range of meat and grocery items were the main drivers. It said that reflected the usual pattern of prices rising after the Christmas holidays. Food costs for the year ended January rose 3.5 percent on the year before, the biggest annual rise in eight years.
Manufacturing industry still shrinking despite some January growth
The manufacturing industry is off to a sluggish start with the sector in contraction for the second month in a row. The BNZ-Business New Zealand Performance of Manufacturing Index was 49.6 for January, up on December's 49.3. A reading above 50 points to expansion. BNZ senior economist Craig Ebert said despite the figure, it was still a decent outcome. "Very precisely it's a contraction, but in the broad scheme of things it's pretty much stable.
NZX profit reflects growth in capital markets
The NZX says its full year result reflects the stellar performance of the capital markets over the past year, with momentum expected to drive growth in the coming year. The capital market operator's net profit rose 25.7 percent to $14.6 million in the year to December, and rose 7.1 percent on continuing operations. The market operator said it spent most of its capital investment to upgrade the NZX trading system and NZX Wealth Technologies over the past year. NZX chair James Miller said the 2019 results showed encouraging earnings growth, assisted by strong growth in the local market, which rose more than 30 percent over the year. "This extends the excellent run of New Zealand's sharemarket over the past decade," Miller said, noting the NZX's share price had increased 42 percent over that period.
Asbestos and Bomb Damage Hinder Big Ben's Restoration
The cost of shoring up Big Ben and the tower it resides in has risen by £18.6m, thanks to the work turning out to be a little more complex than a few plasterers on Facebook thought it might be, and the discovery of asbestos, WWII bomb damage, inadequate previous repairs, lead paint, the need for specialist clock mechanism repair work and the impact of additional grime from London's death-smog period.
All the Best UK Network Deals Available for the Samsung Galaxy S20+
The Samsung Galaxy S20+ might not be out in the UK for over a month (!), but that isn't stopping the networks from gladly sticking up sales pages and getting you to pledge to hand over your money once the phone is actually released. After all, you can't get a pair of Galaxy Buds+ if you don't pre-order, because nobody ever thought of spending £159 to buy them on their own.
Three 5G Switches on in These 66 Places at the End of February
We were promised that 2020 would be the year of 5G in the UK, and – somewhat surprisingly – the mobile networks are really delivering on that promise.
Strong will to take Turkish-Pakistani trade, economic ties to new heights
Ankara and Islamabad look to benefit from the increasing trend in recent years and raise their bilateral trade volume to $1 billion in short-term, before eventually increasing it to $5 billion
At least 10 countries contact Turkey for domestic car dealership, minister says
Many countries have requested to sign deals to sell Turkey's first domestically produced car introduced last December, the Turkish industry and technology...
Erdoğan's South America visit was milestone for ties, Paraguayan ambassador says
Despite the ocean between them, Turkey and Paraguay recently tapped into their shared economic potential and are now keen to make up for lost...
Best-ever January for housing market as mortgages, house sales skyrocket
Turkish house sales jumped 55.8% year-on-year in January, the best-ever start to the year for the housing market, according to a national statistical body...
US-mediated Nile dam talks fail to produce solution
Ethiopian officials said Friday that negotiations this week in Washington failed to resolve a long-running dispute with Egypt over a massive dam on the...
2019 brings first and highest current account surplus since 2001
Turkey achieved a higher-than-expected current account surplus in 2019, its first and highest surplus since 2001, official data showed Friday. Having...
Coronavirus outbreak impact: Digitimes Research estimates impacts on major Chinese IT sectors
The coronavirus outbreak is hitting hard the ICT industries and markets in China. provides a preliminary estimation on the impacts on four major sectors: semiconductors, display panels, handsets and notebooks. Many manufacturers in China are slowly returning to work. The pace of recovery reportedly has been faster than expected though production for many remains low. For some in the semiconductor sector, the outbreak so far has had little impact on their orders. IC testing solutions provider ...
Apple quietly builds the business case for AR
Apple has introduced new AR features that should help the company push adoption of the technologies more into the mainstream.
What Farmers Are Reading This Week, February 7-14
This week, multiple companies released new information on equipment. Along with the equipment updates, the USDA released a new report, crop insurance received a cut, and hemp stayed in the news. If you missed anything from last week, follow the Successful Farming staff’s work in last week's recap. Read more: What Farmers Are Reading This Week, January 31-February 6
CBOT Trends - Wheat up 3-5 cents, corn mixed, soy steady-down 2 cents
CHICAGO, Feb 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. CST (1430 GMT) on Friday.WHEAT - Up 3 cents to 5 cents per bushel* Some end-of-week bargain buying expected to boost wheat market. Most-active CBOT wheat contract has fallen in three of the four previous trading sessions and is on track for a weekly loss of 1.9%.
3 Big Things Today, February 14, 2020
Soybean and grain futures were little changed in overnight trading as the coronavirus spreads.
GRAINS-U.S. soybeans stay firm as market awaits return of Chinese buying
* Soybeans set for second weekly gain in a row* Market expects Chinese demand as trade deal takes effect* Wheat, corn also steady as virus concerns abate (Updates with European trading, changes)By Gus Trompiz and Naveen ThukralPARIS/SINGAPORE, Feb 14 (Reuters) - Chicago soybean futures edged higher on Friday to stay on course for a second week of gains on expectations that China will step up purchases of U.S. crop.Corn and wheat also ticked up but were heading for a weekly fall as large global supplies offset support from steady export demand.
Delta to invest $1 bln to curb global air travel's climate impact
By Tracy RucinskiCHICAGO, Feb 14 (Reuters) - Delta Air Lines Inc said on Friday it will invest $1 billion over the next decade in initiatives that would limit the impact of global air travel on the environment, the first airline to make a commitment of that scale.The aviation industry accounts for roughly 2% of global carbon dioxide emissions and has set out a plan to achieve carbon-neutral growth from 2020, even as air travel is forecast to accelerate.
Ag markets turn mostly lower Friday
Investors could remain on the sidelines until the March Prospective Planting Report, one analyst says.
January 2020 NPD: Dragon Ball the Only Winner in Dry Month
Just Saiyan
This Stings: Coronavirus Comes for the Fiat 500L
The automaker announced Friday that the plant, home to the unloved Fiat 500L, will be offline until sometime late in the month. If U.S. inventory suffered, would anyone notice?
People With 1 Job Skill on Their LinkedIn Profile Get Hired at Faster Rates
LinkedIn found job seekers who had this skill got hired at the highest rates.
When to Stay or Walk Away: Your Guide to Navigating Business Development
Follow these 4 guidelines, and keep your head in the game of business development.
Govt Hikes Fuel,Adjusts Electricity Prices
The government followed up their January increase on electricity prices by adjusting February prices by...
How Mercy Kyallo Turned Failure to Multi-Million Fashion Brand
The young entrepreneur quit formal employment at an advertising firm to venture into the business that deals in...
Las Vegas working to rebrand wedding destination
Couples are making what one expert calls “smarter marriage choices,” from dating longer to ensuring financial stability, before getting married.
More than 1,500 to be hired for event days at Allegiant Stadium
Representatives of ASM Global and Levy Restaurants told the Community Benefits Plan Oversight Committee about plans to hire more than 55 percent minorities.
Telecom firms told to pay Rs 1.47 lakh crore dues by midnight, hours after SC pulls up government
Airtel has informed the telecom department it will deposit Rs 10,000 crore by February 20, and the remaining amount ‘well before’ March 17, said media reports.
Vodafone faces potential collapse after SC orders telecom firms to pay Rs 1.47 lakh crore in a month
Shares of Vodafone Idea tanked on Friday following the Supreme Court verdict. It plunged 16.67% to Rs 3.75 around 2.30 pm.
The Reserve Bank of India can’t counter food inflation without factoring in extreme weather events
What’s behind the rising price of onions in every alternate year since 2013? Climate change.
Takumi Appoints Mary Keane-Dawson as Group Chief Executive to Accelerate Growth
Following a year of rapid growth, Takumi appoints Mary Keane-Dawson as group chief executive.
South Africa's fuel prices to drop (with diesel users to benefit most)...
The AA says “steady declines in international oil prices" have set the stage for fuel price reductions at month end, despite a weakening rand.
Clampdown on misuse of drones in Mayo housing estates
A CLAMPDOWN is imminent on the misuse of drones in Mayo.
Vice premier stresses stable employment amid epidemic
BEIJING, Feb. 13 -- Chinese Vice Premier Hu Chunhua has called for all-out efforts to ensure stable employment amid the novel coronavirus outbreak.
Agreement signed to establish Saudi science and technology center at Tokyo University
ABU DHABI: Saudi Arabia has unveiled plans to develop AlUla into the world’s largest living museum and a major heritage, cultural, arts and adventure tourism destination. AlUla is known for its natural beauty and archaeological diversity. It has hosted major cultural events, including a site-responsive outdoor art installation featuring the work of Saudi and international
How to save money on car insurance—10 ways
Lowering your auto insurance bill doesn’t mean you have to sacrifice coverage or customer service.
Miami and Atlanta are more vulnerable to aftershocks from WeWork’s woes than cities like New York and San Francisco
Cities most vulnerable to a pullback in the office-share craze sparked by the rise of WeWork aren’t New York and San Francisco, according to a new DBRS...
Mike Novogratz’s Galaxy Digital Slashes 15% Staff
Galaxy Digital, a crypto merchant bank established by Michael Novogratz, has cut its staff by 13 - around 15 percent of its total workforce.
Germany’s BaFin Alerts Residents to Nexo – Group
The Federal Financial Supervisory Authority, more commonly known as BaFin, has published a warning on its website this Friday.
Japanese Regulator Blacklists AAFX, Justforex and GlobePro
The Kanto finance bureau of Japan’s Ministry of Finance (MoF) on Friday reminded the public to exercise caution when dealing with affiliates or introducing brokers of unregulated FX companies.
Flywire Buys Simplee to Tap into Healthcare Payments, Raises $120M
Flywire announced on Thursday its acquisition of Simplee, a healthcare technology platform, aiming to enter the medical payments arena.
AFCA Warns Berndale Clients Recovery of Funds is Unlikely
The AFCA has delivered an update to its information page regarding Berndale Capital Securities Pty Ltd, who had its licence cancelled by ASIC.
Exclusive: Scope Markets Joins Your Bourse’s Liquidity Network
Online trading provider Scope Market announced on Friday the joining to the network of Your Bourse Liquidity Hub partners.
Is 5AMLD Causing Crypto Companies to Shut Down & Relocate?
The EU's 5th anti-money laundering directive has already caused some crypto firms to relocate or shut down. Is regulation really a good thing for crypto?
Traffic jams on A4 highway to persist until 2030
Commuters having to deal with traffic on the A4 highway, will have to do so more often and for longer in the coming decade. The widening of the highway that connects Amsterdam and The Hague will only
Tax service suddenly halts thousands of provisional tax refunds; MPs want explanation
The Tax Authority suspended the provisional tax refund of 124,000 people in January, a significant increase compared to the between 79 thousand and 82 thousand halted in 2017, 2018 and 2019.
Shell Singapore employees instructed to work at home over coronavirus concerns
Shell instructed a number of its Singapore employees to work from home for the time being after the company confirmed that one employee was in close contact with someone who tested positive for
New luxury 60-bed care home now open in Derbyshire
Heanor Park has assisted living suites and a state-of-the-art technology
Apple Stores in Beijing Screening Customers for Fever Amid Coronavirus Outbreak
As expected, Apple reopened its five retail stores in the Beijing area today as the Wuhan coronavirus outbreak in China continues. In a video...
Value addition is the way to go
James Otim, general manager Kweyo grower’s cooperatives society in Gulu district said farmers growing groundnuts should add value such as making peanut butter, oil...
Museveni lauds Vision Group on Harvest Money expo
I applaud the Vision Group for bringing us together to learn and showcase different products and available resources and technologies for us to advance the agricultural...
Hundreds turn up for Harvest Money expo
One of the trainers Benedict Rwakabale, called on farmers to come and learn various skills in farming.
Forbes: Despite losing record, Phoenix Suns' value increases
Despite continuous seasons of losing records on the court, the value of Phoenix Suns increased again this year, according to Forbes, which released its annual list of National Basketball Association valuations this week.
Crash near Scottsdale Fashion Square leaves two pedestrians injured
Fire crews are investigating a two vehicle crash that left two pedestrian hurt.
Corporate diversity: Amazon
Re: “Amazon’s leadership team is slowly adding diversity” : Shareholders aren’t going to pressure Jeff Bezos to speed up the pace of diversity because the performance of Amazon...
Yes, that Harriet Tubman debit card is real, and no, she’s not supposed to be doing the Wakanda salute
Harriet Tubman is in fact saying the word “love” in American Sign Language, according to OneUnited, the black-owned bank that made the debit cards for Black History Month.
UN experts: North Korea enhances nukes and illicit trade
UNITED NATIONS (AP) — U.N. experts say North Korea has increased imports and exports of banned and restricted goods such as coal and petroleum products as it continues to enhance...
EV is the way to go
Re: “Washington should pass clean-fuel standard like Oregon, California” : State Rep. Joe Fitzgibbon’s Op-Ed made a common-sense case for Washington state setting goals to reduce greenhouse-gas emissions...
Man indicted in fatal shooting of Louisiana Walmart employee
NEW ORLEANS (AP) — A man accused of fatally shooting a New Orleans Walmart employee and wounding a female customer has been indicted on murder charges, according to the district...
Experienced interim moves to new challenged trust
A struggling hospital trust has appointed an experienced interim chief executive for the coming financial year.
The IRS won't ask you to report 'Fortnite' V-Bucks on tax returns
The agency's overall approach to in-game currency isn't clear, though.
Samsung's jailed union-busting chairman steps down
Lee Sang-hoon was sentenced to 18 months in prison for sabotaging union activities.
It doesn’t matter if China hacked Equifax
Blame China? Equifax stole our data first.
Washington Extends US Companies’ Cooperation With Huawei for Another 45 Days
Washington formally blacklisted Huawei in May 2019, but the Treasury has since repeatedly prolonged licences allowing US companies to do some business with the Chinese tech giant.
Jes Staley: Inside Barclays CEO’s Links With Jeffrey Epstein
It emerged on Thursday that British regulators are probing the chief executive of Barclays –one the country’s largest banks – over his relationship with the disgraced millionaire Jeffrey Epstein, who has been accused of trafficking hundreds of young women and underage girls for sex.
US Sanctions Sri Lanka Commander for Role in Extrajudicial Killings - State Department
WASHINGTON (Sputnik) - The United States has sanctioned Sri Lanka Army Commander Shavendra Silva for extrajudicial killings committed by his troops during the civil war in the country, the US Department of State said in a statement on Friday.
Eleven Civilians Killed in US Air Strike in Afghanistan's Nangarhar, Local Residents Say
No official confirmation of this information has been provided so far.
Chinese Stocks Rise for 7th Consecutive Day Amid Coronavirus Infection
Chinese stocks rose for a seventh day on Wednesday, coinciding with the continuous decline in new confirmed cases of novel coronavirus infection for eight days on the Chinese mainland outside Hubei province. The development signaled an easing of investors' concerns over the viral outbreak's negative impact on economic growth, according to analysts.
Canada's Telus Announces Pre-Valentine's Pledge To 'Stay Faithful' to Huawei In National 5G Rollout
In a statement ahead of Valentine's Day, the Canadian executive said it was "important" for Telus to launch its network "when the time is right", adding that his company would continue working with govenrment officials to build its networks.
India’s Top Court Rebukes Telcos for Default of Dues to Govt
New Delhi (Sputnik): Last year, Vodafone’s global CEO Nick Read said the company’s future in India was in doubt following a court ruling in a tax dispute with the government.
After Top Court's Directive, Indian Govt Asks Telcos to Return Statutory Dues by Midnight
New Delhi (Sputnik): Immediately after the ruling of Indian apex court last year on payment of dues by telecom companies to the government, Vodafone’s global CEO Nick Read said the company’s future in India was doubtful. Even as Read retracted his statement immediately, weeks later his Indian partner and chairman of Vodafone Idea said it may shut.
Indian Court Stays National Competition Regulator’s Investigation Against E-Commerce Giant Amazon
New Delhi (Sputnik): US E-Commerce major Amazon engaged in deep discounting during the festive season in India. India’s domestic traders are up in arms, alleging that discounting by online retailers is distorting the market
Royal Bank of Scotland is changing its name to NatWest
The bank's chief executive announced the decision to rebrand while reporting a surge in profits.
Mum uses £5 Vanish washing powder to transform tiled floors and grout
Not just for clothes.
The best places to buy a home if you're single
A new ranking has revealed affordable spots in each region.
How a chlorine-free wash programme could benefit your milking equipment cleaning regime
Dairy farmers are now turning to the use of a chlorine-free wash programme in their daily cleaning routines to disinfect and clean their milking equipment.
Teagasc Hill Sheep Conference comes to Ballybofey next week
The contribution of hill sheep farms to maintaining and enhancing the uplands environment will be the focus of the Teagasc sheep conference.
Irish News editor Noel Doran voted 'best regional editor of the 21st century' in online poll
IRISH News editor Noel Doran has been named best regional editor of the 21st century in an online poll.
Lee Child says united Ireland 'hundreds of years overdue'
One of Britain's most famous authors has told of his hopes for a united Ireland, saying the move is hundreds of years overdue.