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

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

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

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

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

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

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

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

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

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

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

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

Jubilant Life Sciences posts Rs 260.49 crore profit for March quarter

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

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

The company said it had successfully transitioned to BS-VI

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

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

Sundaram Finance posts Rs 131 crore net profit for March quarter

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

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

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

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

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

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

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

Lupin’s Q4 net profit rises 35 per cent 

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

Co Kildare road closure over next week

Road resurfacing

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

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

Bharti Infratel hits over 3-month high; zooms 100% from March lows

The stock rallied 8% per cent to Rs 243 in the intra-day deals today, and was quoting at its highest level since February 14, 2020 on the BSE

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

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

Renault to cut 15,000 jobs worldwide, including 4,600 in France: Sources

French auto giant Renault plans to cut around 15,000 jobs worldwide, including 4,600 in France, as part of a two billion euro cost-cutting plan over three years, sources said Thursday. The plan,

Renault to cut 15,000 jobs in US$2.2b cost cutting plan

PARIS: French auto giant Renault plans to cut around 15,000 jobs worldwide, including 4,600 in France, as part of a two billion euro (US$2.2 ...

French carmaker Renault announces 15,000 job cuts worldwide

Struggling French carmaker Renault on Friday announced 15,000 job cuts worldwide as part of a 2 billion-euro cost-cutting plan over three years. Renault said on Friday that nearly 4,600 jobs will be cut in France in addition to more than 10,000 in the rest of the world. The group's global

French carmaker Renault announces 15,000 job cuts worldwide

PARIS — Struggling French carmaker Renault on Friday announced 15,000 job cuts worldwide as part of a 2 billion-euro cost-cutting plan over three years.

Renault announces 15,000 job cuts worldwide

The move is part of a two billion euro cost-cutting plan over three years.

Renault poised to announce 15,000 layoffs worldwide

The overall cuts would affect just under 10% of Renault's 180,000 global workforce. The firm has around 48,500 staff in France.

Renault poised to announce 15,000 lay offs worldwide

Some 4,500 jobs would go in France, though largely through a voluntary departure plan and a retirement scheme, the CFDT's Franck Daout told Reuters on Thursday.

Faltering Renault to cut 15,000 jobs worldwide, including 4,600 in France

French carmaker Renault said on Friday it was launching talks with unions to restructure some plants and potentially close others as it confirmed plans to cut around 15,000 jobs worldwide to ride out…

Renault to cut 15,000 jobs in 2b euro cost cutting plan

Renault hopes to bring about the job cuts without redundancies through voluntary departures, internal mobility measures and retraining, sources said.

Motor racing: Renault staying in Formula One - interim CEO

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

Renault to cut 15,000 jobs in 'vital' cost-cutting plan

Carmaker Renault said Friday that it would cut nearly 15,000 jobs, including 4,600 at its core French operations, as it seeks to steer out of a cash crunch exacerbated by the coronavirus crisis.

Renault to cut 15,000 jobs

French carmaker Renault said Friday it will cut 15,000 jobs worldwide as part of a 2 billion-euro ($2.2 billion) cost-cutting plan, as a brutal drop in industry sales during the pandemic worsened the company's pre-existing problems.

Renault announces nearly 15,000 job losses worldwide

Renault has announced nearly 15,000 job losses worldwide, including 4,600 in France in a €2 billion cost-cutting plan over three years.

Renault Cutting Nearly 15,000 Jobs Worldwide to Save Costs

Renault announced it will be cutting 14,600 jobs around the world in a bid to save costs during the pandemic.

Renault staying in Formula One despite massive restructuring

Renault will stay in Formula One, interim Chief Executive Coltilde Delbos said on Friday after announcing the carmaker's restructuring measures including plans to cut 15,000 jobs worldwide. Renault's F1 future had been uncertain given the financial pressures on the French car giant and a slump in demand due to the COVID-19 pandemic. Renault finished fifth overall last season.

Renault to restructure factories, confirms 15,000 job cuts

News News: PARIS: Carmaker Renault said on Friday it was launching talks with unions to restructure some French plants and potentially close others as it confirm.

Renault poised to announce 15,000 layoffs worldwide: union

French carmaker Renault is poised to announce 15,000 layoffs worldwide on Friday as it unveils a plan to boost its profitability and cope with ...

Renault to cut 14,600 jobs worldwide and lower capacity

Cost reductions aimed at outlasting the downturn that has rocked the auto industry

French carmaker Renault announces 15,000 job cuts worldwide

The group's global production capacity will be revised from 4 million vehicles in 2019 to 3.3 million by 2024, the company said. "The difficulties encountered by the group, the major crisis facing the automotive industry and the urgency of the ecological transition are all imperatives that are driving the company to accelerate its transformation," it said in a statement.

Renault to slash about 15,000 jobs in €2bn cost-cutting plan

Carmaker eyes production cuts after fall in demand during coronavirus crisis

Renault announces it is staying in F1

Renault is staying in Formula 1 for now.

14,600 job cuts announced by Renault around the world, plans to save 2 billion euros

Renault has also announced a suspension of planned capacity increase projects in Morocco and Romania as well as further optimize its operations in Russia.

Government announces furlough scheme changes – what you need to know

The Chancellor Rishi Sunak has announced a series of changes to the Government's furlough scheme today, including workers being able to go back part-time from July. Here's what you need to know

Government's self-employment support scheme extended – what you need to know

The Government's Self-Employment Income Support Scheme will be extended and will pay out another single grant covering three months, the Chancellor has announced today. It's also said this will be

Stocks slip as investors await Trump's Hong Kong response

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

European stocks fall on rising U.S.-China tensions

European stocks fell Friday, with investors ahead of a press conference by President Donald Trump over China, amid rising tensions between the countries,...

Global stocks slip as markets await Trump's HK response

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

Stocks - Europe Lower Amid Nervousness Ahead of Trump Statement

Stocks - Europe Lower Amid Nervousness Ahead of Trump Statement

Tokyo stocks open lower on US-China tension

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

Tokyo stocks open lower on US-China tension

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

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

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

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

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

Top 5 Things to Know in the Market on Friday, May 29th

Top 5 Things to Know in the Market on Friday, May 29th

Asian markets fall as new Chinese law puts Hong Kong’s future in doubt

Asian markets mostly fell in early trading Friday, ahead of a news conference by President Donald Trump regarding China.

Asian Stocks Down as Investors Await Trump Action

Asian Stocks Down as Investors Await Trump Action

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

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

Asian stock markets: Mildly offered, ASX 200 drops 0.75% ahead of China news

With the escalating tensions between the global champions, the US and China, Asian shares remain pressured while heading into the European session on

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

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

Stocks slip as markets await Trump’s HK response

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

Stocks - Dow Notches Two-Month Winning Streak as Trump Stops Short on China

Stocks - Dow Notches Two-Month Winning Streak as Trump Stops Short on China

Stocks - Europe Lower; Caution Reigns Over Hong Kong

Stocks - Europe Lower; Caution Reigns Over Hong Kong

Tokyo stocks close lower on US-China tension

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

Asia-Pacific Stocks Decline As China Passes Resolution on Hong Kong Security Bill

On Wall Street, major stock indexes suffered losses in overnight trading on Thursday, while the US economy gradually reopens from the coronavirus-induced lockdown.

Stocks slip as markets await Trump’s Hong Kong response

Sino-US tensions outweigh optimism over re-opening.

Stocks - US Futures Lower; Consolidating Ahead of Trump Speech

Stocks - US Futures Lower; Consolidating Ahead of Trump Speech

Stocks - Wall Street Falls at Open on Profit-Taking; Trump China Briefing Eyed

Stocks - Wall Street Falls at Open on Profit-Taking; Trump China Briefing Eyed

Forex - Dollar Drifts Lower in Tight Trading Ranges

Forex - Dollar Drifts Lower in Tight Trading Ranges

Buy Visaka Industries; target of Rs 250: ICICI Securities

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

Buy Radico Khaitan; target of Rs 400: ICICI Direct

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

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

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

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

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

Buy United Spirits; target of Rs 650: ICICI Direct

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

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

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

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

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

Buy Federal Bank target of Rs 55: Anand Rathi

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

Buy Orient Cement target of Rs 65: Anand Rathi

Anand Rathi is bullish on Orient Cement has recommended buy rating on the stock with a target price of Rs 65 in its research report dated May 28, 2020.

Buy Federal Bank; target of Rs 67: Prabhudas Lilladher

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

Buy Coal India; target of Rs 264: ICICI Securities

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

Buy Tube Investments of India; target of Rs 425: ICICI Direct

ICICI Direct is bullish on Tube Investments of India has recommended buy rating on the stock with a target price of Rs 425 in its research report dated May 29, 2020.

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

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

Buy Orient Cements; target of Rs 63: Cholamandalam securities

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

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

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

Hold TVS Motors; target of Rs 318: Prabhudas Lilladher

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

Hold Dabur India; target of Rs 492: Arihant Capital

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

Hold Wonderla Holidays target of Rs 145: Sharekhan

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

Rupee settles 14 paise higher at 75.62 against US dollar

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

Rupee settles 14 paise higher at 75.62 against US dollar

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

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

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

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

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

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

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

Indian rupee settles 14 paise higher at 75.62 against US dollar

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

Rupee: Go long above 75.6

The rupee (INR) has opened the session marginally higher at 75.7 compared to Thursday’s close of 75.76 against the dollar (USD). But it continues to stay within the range 75.6 and 76.If the rupee gain

Elon Musk earns £625 million payday after Tesla hits targets

Tesla chief executive Elon Musk has seen his wealth boosted by £625 million after his company hit a number of performance targets.

Elon Musk earns £625 million payday after Tesla hits targets

It was not clear if Mr Musk, whose wealth is estimated at 39 billion dollars (£31.7 billion) by Forbes magazine, exercised the options.

Elon Musk earns £625 million payday after Tesla hits targets

It was not clear if Mr Musk, whose wealth is estimated at 39 billion dollars (£31.7 billion) by Forbes magazine, exercised the options.

Elon Musk earns £625 million payday after Tesla hits targets

Tesla chief executive Elon Musk has seen his wealth boosted by £625 million after his company hit a number of performance targets.The electric car maker passed the milestones of a total market value of 100 billion dollars (£81 billion) and making 20 billion (£16 billion) in revenue for four quarters triggering the compensation package.A filing with the US Securities and Exchange Commission said Mr Musk can buy 1.69 million shares of Tesla for 350.02 dollars (£284.03), compared to its most recent closing price of 805.81 dollars (£653.93).It was not clear if Mr Musk, whose wealth is estimated at 39 billion dollars (£31.7 billion) by Forbes magazine, exercised the options.

No cash can repay the debt from this base politics

No cash can repay the debt from this base politics.

No cash can repay the debt from this base politics

No cash can repay the debt from this base politics.

No cash can repay the debt from this base politics

No cash can repay the debt from this base politics.

Young’s says it expects ‘lower sales’ when customers return to pubs

The London-based pub company said it will not pay shareholders a dividend for the past year.

Young’s says it expects ‘lower sales’ when customers return to pubs

The London-based pub company said it will not pay shareholders a dividend for the past year.

Young’s says it expects ‘lower sales’ when customers return to pubs

The London-based pub company said it will not pay shareholders a dividend for the past year.

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

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

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

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

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

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

Canada GDP in April fell a record 11% as COVID-19 shutters economy

Gross domestic product in March fell by 7.2 percent from February, the most severe month-on-month plunge ever, although the decline was less than the 9 percent predicted by analysts. Statscan said the March and April decreases were likely the largest-ever consecutive monthly declines.

Coronavirus Impact: GDP growth lowest in 11 years

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

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

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

CWB reports Q2 profit down as provisions for credit losses soar

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

Latvia’s gross domestic product down 1.5% in Q1 2020

In Q1 2020, compared to Q1 2019, gross domestic product (GDP) decreased by 1.5 %, according to seasonally and calendar non-adjusted data. In Q1 GDP at constant prices was EUR 6.8 billion.

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

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

Taiwan 1Q20 economic growth rate estimated at 1.59%, says DGBAS

Taiwan's economic growth rate for the first quarter of 2020 is estimated at 1.59%, 0.05pp higher than the preliminary estimation of 1.54% made in April 2020 and the lowest quarterly level since the second quarter of 2016, according to the Directorate General of Budget, Accounting and Statistics (DGBAS) on May 28.

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

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

VMware CEO After Storming Quarter: “Tech is Stronger than GDP”

VMware CEO: "Tech is stronger than GDP, and software and cloud is stronger than tech."

Japan Might Be Subsidizing Your Travels When The Crisis Passes Over

Japan’s tourism numbers in April 2020 were reportedly 99.9% lower than those in April 2019.

Latvian GDP contracted by 1.5% in first quarter

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

French economy shrank less than first thought in first quarter: INSEE

French economy shrank less than first thought in first quarter: INSEE

Transport pass sales indicate recovery

Passes sold in May in the Lisbon Metropolitan Area (AML) indicate a significant recovery in relation to April, although they correspond to only 30 percent of the average of passes acquired during the first quarter of this year.

Italy’s economy shrinks more than feared

MILAN, May 29 — Italy’s economy shrank 5.3 per cent in the first quarter, much worse than first thought, official data showed today, as the effects of a tough coronavirus lockdown began to be felt. The national statistics institute (ISTAT) said at the end of April it expected the economy to...

Coronavirus effect: UK car production likely to drop to lowest level in decades

Full-year production could fall to as low as around 870,000 vehicles, according to a forecast by AutoAnalysis for the SMMT, far below a recent nadir of 999,460 cars in 2009, during the financial crisis

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

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

COVID-19 pandemic: US consumer spending tumble in April

The Commerce Department said on Friday consumer spending, which accounts for more than two-thirds of U.S. economic activity, plunged 13.6 percent last month.

‘Oil revenue may drop further to 25 per cent of budget’

With Nigeria’s revenue from oil and gas dropping by N425.52billion in the first quarter (Q1) of 2020 to N940.91billion, according to the Minister of Finance, Budget and National Planning, Zainab Ahmed

Williams set to sell Formula One team

Williams is considering a sale of its once-dominant but now struggling Formula One team as part of a new strategic direction.

Williams set to sell Formula One team

Williams is considering a sale of its once-dominant but now struggling Formula One team as part of a new strategic direction.

Williams considers sale of struggling F1 team

Williams is considering a sale of its once-dominant but now struggling Formula One team as part of a new strategic direction, Williams Grand Prix Holdings (WGPH) said on Friday.

Formula 1: Williams considers sale of team as board struggles from £13 million loss in 2019

Williams said on Friday it was considering selling its once-dominant but now struggling Formula One team as part of a strategic review.

Want to buy an F1 team? Williams is considering selling

LONDON — Williams said on Friday it was considering selling its once-dominant but now struggling Formula One team as part of a strategic review. Williams G

Formula One: Williams considering selling team after suffering over $15 million in losses

After posting a £12.9 million profit in 2018, Williams have responded to the blow by seeking new investment.

Govt must come clean on border standoff with China: Rahul Gandhi

India News: "The government's silence about the border situation with China is fuelling massive speculation and uncertainty at a time of crisis," he said on Twitt

Govt must come clean on border standoff with China: Rahul Gandhi

"The Government's silence about the border situation with China is fuelling massive speculation and uncertainty at a time of crisis," Congress leader Rahul Gandhi on Friday said on Twitter.

Govt must come clean on border standoff with China: Rahul Gandhi

Congress leader Rahul Gandhi on Friday asked the government to come clean on the border standoff with China and tell the country what exactly is happening as its silence is fuelling speculation and uncertainty.

Govt's silence on border standoff with China fuelling speculations: Rahul

"The Government's silence about the border situation with China is fuelling massive speculation and uncertainty at a time of crisis," he said on Twitter

'Tell Country Exactly What's Happening': Rahul Gandhi to Centre on India-China Face-Off

In a tweet, the Congress MP said that the government's silence is fueling massive speculation and uncertainty at a time of crisis.

Govt must tell India exactly what’s happening: Rahul Gandhi on border situation with China

Rahul Gandhi has asked the government to clarify the ongoing border situation with China, soon after US President Donald Trump claimed Prime Minister Narendra Modi is "not in a good mood" over the "big conflict" with China.

Volkswagen spending $2.2 billion to expand in China’s electric car market

Volkswagen is spending 2 billion euros ($2.2 billion) to expand its presence in China's electric car industry in the biggest foreign investment announced since the country's economy began to reopen following the coronavirus pandemic.

VW spending $2.2B to expand in China’s electric car market

Volkswagen makes its biggest foreign investment of $2.2 billion to make its presence in the Chinese electric vehicle market.

VW spending $2.2B to expand in China's electric car market

Volkswagen is spending 2 billion euros ($2.2 billion) to expand its presence in China's electric car industry in the biggest foreign investment announced since the country's economy began to reopen following ...

VW spending $2.2B to expand in China's electric car market

BEIJING — Volkswagen is spending 2 billion euros ($2.2 billion) to expand its presence in China’s electric car industry in the biggest foreign investment announced since the country’s economy began to reopen following the coronavirus pandemic.

Volkswagen invests €2b in Chinese electric vehicle sector

BEIJING, May 29 ― Volkswagen said today it will invest around €2 billion (RM9.65 billion) in two Chinese companies in the electric vehicle sector, calling it “the world's biggest market”. The German car giant said it will take a 50 per cent stake in JAG ― the parent company of state-owned...

VW increases bet on China’s slowing electric vehicle market

German group will invest €2bn into growing presence in country despite hit from Covid-19

Notting Hill reeling after bodies identified as mother and son

Two people found dead at a home in Notting Hill in Melbourne's south-east were a mother and son.

Notting Hill reeling after bodies identified as mother and son

Two people found dead at a home in Notting Hill in Melbourne's south-east were a mother and son.

Notting Hill reeling after bodies identified as mother and son

Two people found dead at a home in Notting Hill in Melbourne's south-east were a mother and son.

Queen’s letters over Australian PM’s dismissal should be public, court rules

The letters, deemed ‘personal and confidential correspondence’, were deposited into the National Archives of Australia

Queen’s letters over Australian PM’s dismissal should be public, court rules

The letters, deemed ‘personal and confidential correspondence’, were deposited into the National Archives of Australia

Queen’s letters over Australian PM’s dismissal should be public, court rules

The letters, deemed ‘personal and confidential correspondence’, were deposited into the National Archives of Australia

Queen’s letters over Australian PM’s dismissal should be public, court rules

Correspondence exchanged between the Queen and her representative in Australia in the lead up to the country’s only dismissal of a former prime minister can be made public, a court has ruled.The Australian High Court overturned an earlier decision relating to the cache of letters which have been sealed in the National Archives.Governor-General Sir John Kerr dismissed Labour prime minister Gough Whitlam in 1975 and replaced him with opposition leader Malcolm Fraser in one of the most controversial moments in the country’s political history.The letters, deemed “personal and confidential correspondence”, were deposited into the National Archives of Australia and were intended to remain private until at least December 2027.The private secretary of the Governor-General and Monarch at that time could also limit their release under an agreement, court papers said.

Queen’s secret correspondence in lead-up to Whitlam dismissal to become public

The High Court has ruled in favour of a historian seeking the public release of letters between the Queen and former governor-general John Kerr.

High Court paves way for release of Whitlam dismissal papers

Court finds that letters between the Queen and the former governor-general Sir John Kerr are public records.

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

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

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

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

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

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

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

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

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

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

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

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

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

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

No proposal from Google, says Vodafone Idea

Vodafone Idea issues clarification on reports of Google picking stake in company

Reacting to the reports of tech giant Google eyeing a 5 per cent stake in the company, Vodafone Idea on Friday clarified that there is no proposal before

No proposal before board now, says Voda Idea on Google picking stake in co

The clarification to the BSE by Vodafone Idea comes a day after reports that Alphabet Inc's Google is eyeing about 5% stake in the telecom company.

Vodafone Idea dismisses report of Google buying stake

"Currently, there is no proposal as reported by the media that is being considered at the Board," Vodafone Idea said

Vodafone Idea: No proposal before Board on stake sale to Google, but evaluating various opportunities

The Financial Times had reported that Google was exploring to buy a 5% stake in Vodafone Idea.

Vodafone Idea Denies Reports Of Likely Stake Sale Talks With Google

On Friday, Vodafone Idea shares rose 12.71% to Rs 6.56 apiece on the BSE on reports of a likely stake sale deal with Google.

Vodafone Idea not considering any proposal from Google

On May 28, it was reported that Google was looking to enter India's telecom market via a 5 percent stake purchase in Vodafone Idea.

Vodafone Idea shares up by 30% amid reports of Google investment

Google could pick up stake in Vodafone Idea

A report in the Financial Times says Alphabet, Google’s parent company, is looking to buy 5 per cent stake in Vodafone's India business.

Daily briefing: Satellite picks up Chinese artillery near LAC; Google mulls taking stake in Vodafone Idea

After Facebook bought a stake in Jio, now Google is looking to invest in Indian telecom. The Financial Times reported that it is eyeing the debt-laden Vodafone Idea.

पैरासीटामोल एपीआई के निर्यात पर लगे प्रतिबंध को सरकार ने हटाया

पैरासीटामोल एपीआई के निर्यात पर लगे प्रतिबंध को सरकार ने हटाया Government lift restriction on export of Paracetamol API.

US indicts N. Koreans, Chinese over US$2.5b network to dodge sanctions

WASHINGTON, May 29 — The US Justice Department indicted 28 North Koreans and five Chinese yesterday for operating a money laundering ring that moved billions of US dollars through global banks to avoid nuclear sanctions on Pyongyang. The network processed more than US$2.5 billion (RM10.9 billion)...

US indicts NKoreans, Chinese over $2.5 bn network to dodge sanctions

The US Justice Department indicted 28 North Koreans and five Chinese on Thursday for operating a money laundering ring that moved billions of dollars through global banks to avoid nuclear sanctions on Pyongyang.The network processed more than $2.

US indicts North Koreans, Chinese over money laundering

WASHINGTON, DC: The US Justice Department indicted 28 North Koreans and five Chinese on Thursday (May 28), for operating a money laundering ring ...

US charges North Korean nationals for breaching nuclear sanctions

The US Department of Justice alleged that the mainly North Korean nationals siphoned money through several countries to evade US sanctions. They are alleged to have used a global network of more than 250 front companies.

US charges dozens of North Koreans in $2.5B sanctions-busting scheme

The Justice Department has accused a network of North Korean and Chinese citizens of secretly advancing North Korea’s nuclear weapons program by channeling at least $2.5 billion in illicit payments

US indicts North Koreans, accuses state-owned bank of evading sanctions

The US Justice Department accused North Korea's state-owned bank of evading US sanctions laws and charged 28 North Korean and five Chinese citizens in its largest crackdown on North Korea sanctions violations.

TikTok owner ByteDance moves to shift power out of China: Sources

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

TikTok owner ByteDance moves to shift power out of China - sources

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

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

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

TikTok is becoming less Chinese, more American

ByteDa­nce has expand­ed TikTok's decisi­on-making and resear­ch capabi­lities to Califo­rnia

Explainer: How important is Hong Kong to China as a free finance hub?

Explainer: How important is Hong Kong to China as a free finance hub?

Explainer: How important is Hong Kong to China as a free finance hub?

HONG KONG (Reuters) - Bankers and investors fear China’s push to impose national security laws on Hong Kong threaten the city’s future as an international financial centre. If it gets to that stage, Beijing’s move will come at a cost for China’s economy.

Explainer: How important is Hong Kong to China as a free finance hub?

Hong Kong is one of the world's most open economies and one of the biggest channels for equity and debt financing

How important is Hong Kong to China as a free finance hub?

China still has extensive capital controls and often intervenes in its financial markets and banking system. Hong Kong is one of the world's most open economies and one of the biggest channels for equity and debt financing.

Hongkongers eye grim future as China approves national security law

Members of Hong Kong's pro-democracy protest movement fear that the new legislation will further tighten Beijing's grip on the state

Hong Kong Ai Weiwei

Dissident Chinese artist Ai Weiwei believes the newly passed national security law for Hong Kong augurs the end for the semi-autonomous city. Ai was arrested at Beijing's airport in April 2011 and held for 81 days without explanation during a wider crackdown on dissent that coincided with the international

The end of Hong Kong?

Dissident Chinese artist Ai Weiwei believes a newly passed national security law for Hong Kong augurs the end for the semi-autonomous city.

Bannon: World must stop China in Hong Kong

Via The Wire comes Steve Bannon:

China approves national security law for Hong Kong

HONG KONG/BEIJING China's Parliament approved a decision yesterday to go forward with national security legislation for Hong Kong that democracy activists in the city and Western countries fear could erode its freedoms and jeopardise its role as a global financial...

How important is Hong Kong to China as a free finance hub?

While China has reformed its markets over the years, over 60% of foreign direct investment (FDI) into and out of China continued to be channeled through Hong Kong as of 2018, according to Morgan Stanley.

Rahul Gandhi Questions Centre's Silence On India-China Border Situation

Congress leader and Wayanad MP Rahul Gandhi, slammed the Narendra Modi government‘s silence on the border situation with China saying that it was fuelling massive speculation and uncertainty at a time...

India-China border dispute: Govt must come clean and tell exactly what’s happening, says Rahul Gandhi

Taking to Twitter, he said, "the government’s silence about the border situation with China is fueling massive speculation and uncertainty at a time of crisis."

Rahul Gandhi says govt’s silence on Indo-China border issue is ‘fuelling massive speculation’

Congress leader Rahul Gandhi on Friday said that the Government’s silence about the Indo-China border issue is fuelling massive speculation and uncertainty at a time of crisis.

India-China dispute: Rahul Gandhi urges Centre to ‘come clean, tell country what’s happening’

The Congress leader claimed that the Centre’s silence about the border situation was fueling massive speculation and uncertainty at a time of crisis.

SC comes down heavily on govt messing up migrants' issue

NEW DELHI, May 28: Unimpressed by the Centre's solicitor general Tushar Mehta's plea that the government was taking "unprecedented measures to deal with an unprecedented crisis" and already transported 91 lakh migrant labourer back to their native states by trains and buses since May 1, the Supreme Court on Thursday fired searching questions at him, some 50, in a suo moto hearing on the "problems and miseries of migrant labourers stranded in different parts of the country.With past experience of the Court being soft to the government on the issues of coronavirus and lockdowns, Mehta was in for a surprise at the way he was bombarded by the bench comprising Justices Ashok Bhushan, S.K. Kaul and M.R. Shah. The Bench, which had summoned the Centre and the state governments on Tuesday, noting that there were shortcomings and failures on the part of both central and the state governments.Mehta tried to pacify the judges by stating that the government is immensely grateful to SC for taking cognizance of the issue to…

Nickel futures slide on tepid demand

On the Multi Commodity Exchange, nickel contracts for June delivery traded down by Rs 5.60, or 0.6 percent, to Rs 924.70 per kg with a business turnover of 1,434 lots.

Zinc futures down on muted demand

On the Multi Commodity Exchange, zinc for delivery in June was trading lower by Rs 50 paise, or 0.32 percent, at Rs 157.45 per kg in 2,079 lots.

Copper futures slide on weak demand

On Multi Commodity Exchange, copper for delivery in June eased by Rs 2.75, or 0.66 percent, to Rs 413 per kg in a business turnover of 3,029 lots.

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

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

Silver rises on improved industrial demand outlook, rise in US-China tensions

In the futures market, silver for July delivery touched an intraday high of Rs 48,868 and a low of Rs 48,452 per kg on the MCX.

Home Minister Amit Shah meets PM Modi; briefs on CMs views on lockdown

During the meeting, Shah briefed Modi about the suggestions and the feedback he received from the chief ministers during his telephonic conversations on Thursday, a government official said.

'Lockdown might be extended by 15 days'

The ongoing Lockdown 4 in its existing form, may be extended by 15-days, Chief Minister Pramod Sawant said, a day after a telephonic conversation with Union Home Minister Amit Shah.

PM Modi-Shah meet, strategy post May 31 on discussion table

A day after speaking with the Chief Ministers, Union Home Minister is meeting with Prime Minister Narendra modi ahead of the lockdown coming to an end on May 31.

Amit Shah speaks to CMs before meeting Modi on next phase of lockdown

The central government is expected to announce its decision on the lockdown within the next two days

Lockdown 5.0: Amit Shah meets PM Modi after talk with chief ministers on future course

Home Minister Amit Shah on Friday visited PM Modi to discuss the future course of the nationwide lockdown as Lockdown 4.0 nears an end.

Don't open state borders, relax borrowing limits: Chhattisgarh CM to Shah

The telephonic conversation between Baghel and Union Home Minister took place on Thursday

Restaurants at 50% Capacity, Opening of Gyms: Goa CM Seeks Relaxations For Lockdown 5.0

Pramod Sawant also said that he feels that the ongoing nationwide lockdown will be extended by 15 more days.

Lockdown 5.0: After discussing future course of action with state CMs, Amit Shah meets PM Modi

According to sources, the two leaders discussed the COVID-19 situation in India and the next course of action in this regard.

Amit Shah meets PM Modi, briefs on states’ suggestions on lockdown

The Centre is expected to announce its decision on the lockdown within the next two days even as the number of Covid-19 cases in India climbed to 1,65,799 on Friday, making it the world's ninth worst-hit country.

Hong Kong warns removing U.S. special status is a 'double-edged sword'

HONG KONG — Hong Kong told the United States to keep out of the debate over national security legislation being imposed by China, and warned that withdrawal of the financial hub’s special status under U.

Hong Kong government warns removing US special status is 'double-edged sword'

HONG KONG: Hong Kong's government warned Washington that withdrawing its special US status, which has underpinned the city as a global financial ...

Hong Kong govt warns removing US special status is "double-edged sword"

Hong Kong's government warned Washington that withdrawing its special US status, which has underpinned the city as a global financial hub, could be a "double-edged sword" and urged the United States to stop interfering in internal affairs.

Hong Kong govt warns removing US special status is “double-edged sword”

The statement came as US President Donald Trump is due to announce later on Friday his response to the Chinese parliament’s advancement of national security legislation for Hong Kong.

China approves plan to impose Hong Kong security law

China's parliament approved plans Thursday to impose a security law on Hong Kong that has ratcheted up tensions with the US and sparked new protests over fears the city is losing its special freedoms.

Hong Kong stocks end week with more losses

HONG KONG, May 29 — Hong Kong stocks finished with more losses today as traders nervously await Donald Trump’s news conference, in which he will set out the US response to China’s plans to impose a security law on the financial hub. The Hang Seng Index fell 0.74 per cent, or 171.29 points, to...

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

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

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

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

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

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

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

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

ഓഹരി വിപണിയില്‍ നഷ്ടത്തോടെ തുടക്കം; സെന്‍സെക്‌സ് 150 പോയിന്റ് നഷ്ടത്തില്‍, നിഫ്റ്റി 9,450ലുമെത്തി

Share market opens lower

Sagar Cements Q4 profit down 94% to Rs 1.18 crore

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

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

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

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

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

KEC International Q4 profit down 3% to Rs 193 crore

The global engineering, procurement and construction (EPC) major had clocked a profit of Rs 198.76 crore in January-March 2018-19, it said in a filing to BSE.

COVID-19 impact | Re-mobilisation of workforce at project sites an arduous task: Voltas

In its March quarter (Q4) results, the company posted a 12.7 percent year-on-year (YoY) growth in net profit at Rs 160 crore.

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

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

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

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

Mah Sing’s Q1 net profit falls to RM30.07m

KUALA LUMPUR, May 29 — Mah Sing Group Bhd’s net profit in the first quarter ended March 31, 2020 (Q1 2020) fell to RM30.07 million from RM55.01 million in the same period last year. Revenue declined to RM371.13 million from RM450.33 million previously. In a filing with Bursa Malaysia today, Mah...

Profitable Blis points to significant growth

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

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

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

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

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

Starling Scores $49 million From Its Investors

Starling, a United Kingdom-based digital bank, has raised $49 million in a funding round led by its investors Merian Chrysalis Investment Co. and Harald McPike.

UK challenger bank Starling Bank raises €44.3 million to support small businesses

Today UK challenger bank Starling Bank has raised approximately €44.3 million in a funding round led by JTC and Merian Chrysalis Investment Company Limited. The investment follows an approximate €66.5 million investment in February 2020, bringing the total raised by Starling in 2020 to around €110 m

Starling Bank raises £40 million as SME banking business picks up

Starling bank has raised a further £40 million from existing investors JTC and Merian Chrysalis Investment Company, bringing the total raised this year to £100 million.

Starling Bank lands £40m from existing backers

Starling Bank has raised an additional £40 million in funding from existing backers, adding to its £60 million raise in February, TechCrunch reports.

Starling Bank Scores Another £40 Million from Existing Investors

Starling Bank, a UK-based challenger bank, has raised £40 million (around $49.2 million) in the latest funding round from its existing investors.

New Zealand close to coronavirus eradication, despite grim global figures

New Zealand has all but eradicated coronavirus from its shores, with just one person in the nation of five million known to be still infected. The development is in stark contrast to the global outlook, however, where the spread of the pandemic generally remains grim - with India reporting another record increase in cases, and deaths reaching a new peak in Pakistan. In the US, Covid-19 forced more than two million people out of work last week despite the gradual reopening of businesses - stoking fears the outbreak is causing deep and potentially long-lasting damage to the world's largest economy. The confirmed US death toll has now surpassed 100,000 - the highest in the world.

New Zealand near eradication, but virus has grim global hold

New Zealand on Friday had all but eradicated the coronavirus from its shores with just one person in the nation of 5 million known to be still infected, but developments elsewhere were generally grim,

New Zealand close to virus eradication despite grim global figures

The US economy is also showing signs of deep and long-lasting damage despite some businesses reopening.

New Zealand near eradication, but virus has grim global hold

In the U.S., the virus threw more than 2 million people out of work last week despite the gradual reopening of businesses, stoking fears the scourge is doing deep and potentially long-lasting damage to the world's largest economy.

Madras High Court issues notices to Franklin Templeton Mutual Fund, SEBI: Investors group

Notices have been issued to crisis-hit Franklin Templeton Mutual Fund and Sebi by the Madras High Court after a petition was filed by an investors group to safeguard nearly Rs 28,000 crore of investors' money stuck in six schemes shut down by the fund house, according to a statement

Madras high court issues notices to Franklin Templeton MF, Sebi: Investors Group

India Business News: Notices have been issued to crisis-hit Franklin Templeton Mutual Fund and Sebi by the Madras High Court after a petition was filed by an investors gro

Madras High Court slaps notices to Franklin Templeton MF, Sebi, says Investors Group

Franklin Templeton’s legal troubles rise as Madras HC issues notice

The court sought a status report from Sebi on the refund process.The matter would be next heard on 26 June

Tesla’s Musk earns $770M in stock options, company confirms

Tesla confirmed Thursday that CEO Elon Musk will get the first tranche worth nearly $770 million of a stock-based compensation package

Elon Musk earns £625 million payday after Tesla hits targets

It was not clear if Mr Musk, whose wealth is estimated at 39 billion dollars (£31.7 billion) by Forbes magazine, exercised the options.

Tesla performance opens door to Elon Musk payday

NEW YORK, May 29 ― Tesla has hit financial marks that let its colourful chief executive Elon Musk reap the first portion of a multi-billion dollar compensation package, the electric car maker said yesterday. Musk has foregone a base salary in exchange for a shot at a fortune in deeply discounted...

Tesla performance opens door to Elon Musk payday

Tesla has hit financial marks that let its colorful chief executive Elon Musk reap the first portion of a multi-billion dollar compensation package, the electric car maker said Thursday.

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

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

IDC: Hearables market on the rise, but smartwatch sales have declined in Q1 2020

Global shipments for wearables went up by 29.7% YoY with 72.6 million units shipped.

Apple retains top spot in the wearables market in Q1

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

IDC: Apple still dominates the wearable market with 21.2 million units shipped in Q1 2020

Apple continues to lead the market for wearable products, according to the latest IDC report. The company shipped 21.2 million units of these products in the first quarter of 2020, which represents 29.3% of the total share. Compared to the first quarter of 2019, the company grew by 13.3 million units, or 23.7% of market […]

IDC: Hearables market sees growth, but smartwatch sales decline in Q1 2020

The first quarter of 2020 had the wearables market see a significant growth despite the ongoing Coronavirus pandemic. According to an IDC report, the hearables market has seen impressive growth during this time of crisis, while smartwatches and fitness trackers have seen a decline in sales. The hearables category includes all the headphones, earphones earbuds, …

Apple tops wearables Q1 growth, but wristbands, hearables lead the segment

The International Data Corporation (IDC) report says smartwatches and basic ones registered a decline in growth, which was offset by wristbands and hearables.

Samsung's global wearables shipments grew by 71% for the first quarter of 2020

The latest IDC report on the wearables market (for the first quarter of 2020 (1Q2020)) shows that its watch sector declined. However, this shortfall was addressed by gains made by the audio and band categories. Apple remained the #1 brand in terms of shipments, although Samsung posted the greatest year-on-year (YoY) growth.

COVID-18 Watch: Hotels, airlines look for new revenue streams, hold on to cash to tide over liquidity crunch

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

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

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

Superfan’s lifetime collection of rock’n’roll memorabilia could fetch thousands

The collection features items signed by Pink Floyd, David Bowie, The Who, Eric Clapton and Sting,

Superfan’s lifetime collection of rock’n’roll memorabilia could fetch thousands

The collection features items signed by Pink Floyd, David Bowie, The Who, Eric Clapton and Sting,

Financial help sought for new community hub

The $3.8 million Wanaka Community Hub building, which opened seven months ago is in financial strife. The hub houses community and government...

Financial help sought for new community hub

The $3.8million Wanaka Community Hub building, which opened seven months ago is in financial strife. The hub houses community and government...

Some sectors of Australian economy will need additional support - PM Morrison

Some sectors of Australian economy will need additional support - PM Morrison

Some sectors of Australian economy will need additional support - PM Morrison

SYDNEY (Reuters) - Some sectors of Australia’s economy will require additional stimulus, Prime Minister Scott Morrison said on Friday.

'A dud deal': Opposition promises to scrap BRI deal with China if elected

Opposition Leader Michael O'Brien said the Belt and Road Initiative with China was not in the state's interest and he would abolish it, if elected.

'A dud deal': Opposition promises to scrap BRI deal with China if elected

Opposition Leader Michael O'Brien said the Belt and Road Initiative with China was not in the state's interest and he would abolish it, if elected.

NGO screens 20,000 in slums despite doctor, workers testing positive

Three batches of healthcare workers from Niramay Seva Foundation are assisting the BMC in Andheri West and Versova

NGO screens 20,000 in slums despite doctor, workers testing positive

Three batches of healthcare workers from Niramay Seva Foundation are assisting the BMC in Andheri West and Versova

ABBA’s Björn Ulvaeus Named President of CISAC

The ABBA great succeeds Jean-Michel Jarre at CISAC, the global confederation of authors societies.

ABBA's Björn Ulvaeus Named President of CISAC

The ABBA great succeeds Jean-Michel Jarre at CISAC, the global confederation of authors societies.

コロナ禍でニーズ増す金融サービス　「LINE Score」「LINE Pocket Money」の戦略とは？ (1/2)

LINEのスコアリングサービス「LINE Score」の登録ユーザーが500万人を突破した。LINE Scoreは個人の信用度を独自の基準で点数化することで、金融サービスをはじめとした各種サービスへの展開を図ろうとしている。それを実際に活用しているサービスとして個人向けローンサービス「LINE Pocket Money」がある。

India, US could strike a 'smaller' trade deal in the coming weeks: Indian envoy

The two countries have been negotiating a trade package to iron out issues and boost two-way commerce.

India, US could strike a 'smaller' trade deal in coming weeks: Indian envoy

The two countries have been negotiating a trade package to iron out certain issues and further boost two-way commerce

India, US could strike a ‘smaller’ trade deal in the coming weeks: Indian envoy

According to India's ambassador Taranjit Singh Sandhu, India and the US could strike a smaller trade deal in the coming weeks

India, US could strike a 'smaller' trade deal in the coming weeks: Indian envoy

Addressing the virtual West Coast Summit of US-India Strategic Partnership Forum (USISPF), Sandhu said that India's supply of antimalarial drug hydroxychloroquine (HCQ) to the US has given the two countries enough confidence and have played an important foundation.

GBP/USD still faces further consolidation – UOB

Cable is still seen navigating within the 1.2150/1.2350 range, noted FX Strategists at UOB Group. Key Quotes 24-hour view: “We highlighted yesterday t

NZD/USD faces a tough barrier around 0.6230 – UOB

NZD/USD should clear the 0.6230 region to allow for the continuation of the uptrend, suggested FX Strategists at UOB Group. Key Quotes 24-hour view: “

USD/CNH: Extra gains need to clear 7.2000 – UOB

According to FX Strategists at UOB Group, USD/CNH’s outlook remains positive and is expected to climb further on a breakout of the 7.20 level. Key Quo

USD/JPY: Extra consolidation remains the name of the game – UOB

In opinion of FX Strategists at UOB Group, USD/JPY is still seen navigating within the current consolidative theme in the next weeks. Key Quotes 24-ho

AUD/USD: The key resistance area at 0.6658/6706 continues to cap any attempt to break higher – Credit Suisse

AUD/USD is seeing a further attempt to break above the pivotal resistance zone at 0.6658/6706, which ideally continues to cap, according to analysts a

Financial sector weighs on Toronto, U.S. stock markets mixed in early trading

Canada's main stock index fell in early trading as losses in the heavyweight financial sector offset gains by materials stocks.

Financial sector weighs on S&P/TSX composite, U.S. stock markets down

Losses in the financial sector helped weigh down Canada's main stock index in late-morning trading as it posted a triple-digit decline, while U.S. stock markets also moved lower.

Wall Street ends down in late selloff; Facebook and China weigh

The Dow Jones Industrial Average fell 147.63 points, or 0.58%, to 25,400.64, the S&P 500 lost 6.4 points, or 0.21%, to 3,029.73 and the Nasdaq Composite dropped 43.37 points, or 0.46%, to 9,368.99.

S&P, Dow Jones open lower on jitters over Trump's China response

The Dow Jones Industrial Average fell 76.49 points, or 0.30 percent, at the open to 25,324.15, and the S&P 500 opened lower by 4.56 points, or 0.15 percent, at 3,025.17.

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

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

Lagos attracts $250 million investment for new industrial, residential development

Lagos State government yesterday said that it had attracted investment worth $250 million for its new industrial cum residential development aimed at boosting economic activities and jobs.

Lagos attracts US$250m investment for new industrial-residential development

Lagos State government said it has attracted investment worth US250m for its new industrial cum residential development aimed at boosting economic activities and jobs.

Sanwo-Olu assures Lagosians of affordable housing

Lagos State Governor Babajide Sanwo-Olu said on Thursday that his administration would make available affordable and accessible housing for residents....

Sanwo-olu promises Lagosians affordable houses

Lagos State Governor Mr Babajide Olusola Sanwo-Olu on Thursday promised that his administration will build affordable and accessible houses for Lagosians.

Hong Kong media tycoon vows to stay and “fight” China, backs US pressure

HONG KONG, May 29 — Embattled Hong Kong publishing tycoon Jimmy Lai – one of the financial hub’s most prominent democracy activists – said on Friday he would fight till the last against Beijing’s imposition of national security laws and keep publishing. “What I have, this place gave me,...

Hong Kong media tycoon vows to stay and 'fight' China, backs U.S. pressure

HONG KONG (Reuters) - Embattled Hong Kong publishing tycoon Jimmy Lai - one of the financial hub’s most prominent democracy activists - said on Friday he would fight till the last against Beijing’s imposition of national security laws and keep publishing.

Integrating satellite and socioeconomic data to improve climate change policy

Bangladesh is on track to lose all of its forestland in the next 35-40 years, leading to a rise in CO2 emissions and subsequent climate change, researchers said. However, that is just one of the significant land-use changes that the country is experiencing. A new study uses satellite and census data to quantify and unravel how physical and economic factors drive land-use changes. Understanding this relationship can inform climate policy at the national scale in Bangladesh and beyond.

Study: Integrating satellite and socioeconomic data to improve climate change policy

Bangladesh is on track to lose all of its forestland in the next 35-40 years, leading to a rise in CO2 emissions and subsequent climate change, researchers said. However, that is just one of the significant land-use changes that the country is experiencing. A new study uses satellite and census data to quantify and unravel how physical and economic factors drive land-use changes. Understanding this relationship can inform climate policy at the national scale in Bangladesh and beyond.

US major airlines roll out more options to avoid staff layoffs

The top three U.S. airlines, hit hard by the coronavirus pandemic, are rolling out fresh programs to induce tens of thousands of employees to ...

US major airlines roll out more options to avoid staff lay-offs

The top three U.S. airlines, hit hard by the coronavirus pandemic, are rolling out fresh programs to induce tens of thousands of employees to ...

Government invests $800,000 in King Country freshwater project

The announcement comes after new freshwater regulations were announced on Thursday.

“King ＆ Prince高橋海人似”で話題のTikTokerや、カンボジア教育支援に貢献する現役大学生プロデューサー－今知っておくべき注目のイケメン4人【モデルプレスNEXT／vol.8】

モデルプレスがNEXTブレイクのアイコンにスポットを当てる新企画「モデルプレスNEXT」。今知っておくべき4人の注目のイケメンをフィーチャーする。＜vol.8＞

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

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

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

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

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

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

Gold price flat ahead of Trump’s Hong Kong response

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

Equities drop as Trump lines up China response

HONG KONG, May 29 — Equities mostly fell today after Donald Trump called a news conference for later in the day to outline his response to China’s plan to crack down on Hong Kong, which many fear could further increase tensions between the superpowers. The losses were being tempered, however,...

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

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

Trump says will hold Friday press conference on China

WASHINGTON: US President Donald Trump said he will give a press conference on Friday (May 29) on China amid spiraling US-Chinese tensions over ...

China's Didi Chuxing raises over $500 million for autonomous driving unit

The ridehailing giant said the round was led by SoftBank Vision Fund 2 and marks the first time Didi's autonomous driving business has brought in external funding since it was established.

SoftBank leads $500 million fundraising for Didi's self-driving unit

BEIJING/SHANGHAI (Reuters) - China’s Didi Chuxing said on Friday it had completed a fundraising round of over $500 million for its autonomous driving subsidiary that was led by SoftBank Group’s (9984.T) Vision Fund 2.

SoftBank Leads $500 Million Funding for Didi Autonomous Unit

Didi Chuxing has scored more than $500 million of funding for its autonomous driving division in a round led by the SoftBank Vision Fund, the first external investment in the Chinese ride-hailing giant’s fledgling self-driving subsidiary.

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Economy worst in decade

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

സാമ്പത്തിക പ്രതിസന്ധി; 1500 പ്രവാസി ജീവനക്കാരെ കുവൈത്ത് എയര്‍വേയ്‌സ് പിരിച്ചുവിടുന്നു

kuwait airways to lay off 1500 staffs due to crisis

China cbank injects 670 bln yuan via reverse repos for week, rate unchanged

SHANGHAI — China’s central bank kept the interest rate on seven-day reverse repurchase agreements unchanged at 2.

PBOC injects CNY300 bln via reverse repos, rate unchanged

On Friday, the People’s Bank of China (PBOC) injected 300 billion yuan ($41.96 billion) into money markets, via seven-day reverse repo agreements, kee

PBOC to make biggest weekly cash injection via OMO since mid-Jan – Reuters

The People’s Bank of China (PBOC) extends its market liquidity injections for the fourth straight day on Friday, making the biggest weekly cash inject

Morale During the Pandemic (Why & How to Raise It)

Extended quarantine and the complexity of re-entry has global morale at an all time low. A few personal actions can turn things around.

Morale During the Pandemic, and How to Raise It

Extended quarantine and the complexity of re-entry has global morale at an all time low. A few personal actions can turn things around.

Debt relief plans for world's poor countries inch forward

Plans for debt relief for the world's poorest countries inched forward as private creditors laid out a blueprint for their involvement, though it...

Debt relief plans for world's poor countries inch forward

Plans for debt relief for the world's poorest countries inched forward on Thursday as private creditors laid out a blueprint for their involvement, though it received immediate criticism for not going far enough.

Euro Outshines Pound Sterling and Dollar as Investors Cheer EU Progress on Coronabonds

A fundamental shift in sentiment for the better towards the European Union has been reflected in a steady demand for euros over the course of the past two days, ensuring the single currency's outlook against peers such as the British Pound and U.S. Dollar has improved markedly

歐盟制訂AI規範 Google：應避免過度管控扼殺創新

歐洲聯盟執行委員會（European Commission）正在研擬新的AI（人工智慧）規範，為此徵詢各大科技巨擘的意見。Google認為，歐盟對AI的定義太過廣泛，應該訂得明確且狹窄一點，且不應過度規範與管控，以免扼殺科技業的創新。先前歐盟執委會主席馮德萊恩表示，目前歐盟AI產業的產值高達3000

Iran says it will continue nuclear work despite U.S. sanctions

Iran said Friday its experts would continue nuclear development activities, despite sanctions imposed earlier this week on their fellow scientists by the United States.

Iran says it will continue nuclear work despite US sanctions

Iran said Friday its experts would continue nuclear development activities, despite sanctions imposed earlier this week on their fellow scientists by the United States. State TV cited a statement from the country’s nuclear department saying the U.S. decision to impose sanctions on two Iranian nuclear

กฟผ. ชวนฟัง "Action for Green รักษ์โลกให้เรียนรู้"

กฟผ. ชวนฟังกูรูดังด้านสิ่งแวดล้อมแนะแนวทางรักษ์โลก แบบ New Normal

"อุตตม" มั่นใจ แผน "Soft Loan" กู้ชีวิต SMEs

"อุตตม" มั่นใจ แผน "Soft Loan" กู้ชีวิต SMEs  "หมอหนู" ตั้งเป้า โควิด-19 คลี่คลาย ต้องผลิตวัคซีนให้ได้  Official Website : https://mgronline.comhttps://www.facebook.com/MGRonlineLivehttps://www.instagram.com/mgronlinehttps://twitter.com/MGROnlineLive

More than 120 top scientists criticise a series of FLAWS in study that found Trump-backed hydroxychloroquine drug raised the risk of death to Covid-19 patients and halted global trials

More than 120 leading scientists and doctors from around the world, including four from the UK, have penned an open letter to the editor of the Lancet, the journal in which the study is published.

കേരളത്തില്‍ ഒരു കൊവിഡ് മരണം കൂടി; മരിച്ചത് പത്തനംതിട്ട സ്വദേശി

Covid Death COVID DEATH KERALA COVID-19 Kottayam Pathanamthitta Kerala കോട്ടയം: സംസ്ഥാനത്ത് കൊവിഡ് ബാധിച്ച് ഒരാള്‍ കൂടി മരിച്ചു. പത്തനംതിട്ട സ്വദേശി ജോഷിയാണ് കൊവിഡ് ബാധിച

Lifetime community rating leads to rise in low cover plan purchases

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

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

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

RBI slaps penalties on Bank of India, Karnataka Bank, Saraswat Cooperative Bank for non-compliance

RBI also imposed a penalty of Rs 1.2 crore on Karnataka Bank for non-compliance with central bank’s directions.

RBI fines Karnataka Bank

Karnataka Bank has informed the stock exchanges that Reserve Bank of India (RBI) has imposed a monetary penalty of ₹1.20 crore on it for divergence in respect of non-performing assets (NPAs) and non-a

RBI imposes Rs 4 crore penalty on Citibank

In a release, RBI said the penalty has been imposed on Citibank NA for contravention of certain sections of the Banking Regulation Act and for non-compliance with directions.

Output of eight infrastructure sectors contracts by 38.1% in April

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

Core sector output contracts by record 38.1 per cent in April

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

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

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

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

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

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

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

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

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

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

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

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

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

SoftBank Vision Fund CEO Gets 113% Pay Raise Despite Massive Losses

The Vision Fund chief saw his salary more than double despite historic losses at the Japanese tech group.

SoftBank Vision Fund head's pay doubled last year despite massive losses

SoftBank Vision Fund's head, Rajeev Misra, saw his total pay for the past business year more than double to roughly $15 million, even as the fund's under-performance pushed SoftBank to a record operating loss of some $13 billion.

Volkswagen’s Smallest Crossover Coupe ‘2021 VW Nivus’ Revealed

Volkswagen has finally unveiled its smallest crossover coupe ever in the form of the Nivus, which is powered by a 126 horsepower 1.0-litre TSI three-cylinder petrol/ethanol engine

專店展出 GLE53 Coupe新潮跑格

平治旗下Mercedes- AMG高性能新型...

Paid sick leave mandates hold promise in containing COVID-19

Mandates like those found in the federal government's Families First Coronavirus Response Act may be helping to slow the pandemic.

Paid sick leave mandates hold promise in containing COVID-19

Paid sick leave (PSL) mandates like those found in the federal government's Families First Coronavirus Response Act may be helping to slow the spread of COVID-19, according to a new study by health economists at Georgia State and Tulane universities.

USD/JPY: Below 107.31/21 the risk turns lower – Credit Suisse

USD/JPY has broken its uptrend from March to turn the risk lower with support seen at 106.77/74, the Credit Suisse analyst team report. Key quotes “Be

USD/JPY: Consolidative above 107.00

The rangebound mood in USD/JPY appears unchanged at least in the very near-term above 107.00, Pablo Piovano, an editor at FXStreet’s, briefs. The pair

GBP/USD: Above 1.2363 would break the March downtrend to re-expose the April highs at 1.2643/48 – Credit Suisse

GBP/USD is seen at risk of breaking above 1.2363, its downtrend from late March, which would re-expose the April highs at 1.2643/48, economists at Cre

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

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

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

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

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

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

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

Economists expect worst financial contraction in four decades

French carmaker Renault to cut 15,000 jobs worldwide

French carmaker Renault said Friday it will cut 15,000 jobs worldwide as part of a 2 billion-euro ($2.2 billion) cost-cutting plan, as a brutal drop in industry sales during the pandemic worsened the

Renault to cut 15,000 jobs

Carmaker Renault said on Friday that it would cut nearly 15,000 jobs, including 4,600 at its core French operations, as it seeks to steer out of a cash crunch exacerbated by the coronavirus crisis.

Coronavirus crisis: Renault to lay off 150,000 employees globally

The overall cuts would affect just under 10% of Renault's 180,000 global workforce. The firm has around 48,500 staff in France

French Carmaker Renault Plans to Eliminate Nearly 15,000 Jobs Worldwide Amid Pandemic

Earlier, French President Emmanuel Macron said that authorities intend to send 8 billion euros to support the automotive industry.

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Researchers Cultivate Mini Lungs for SARS-CoV-2 Research

A Bochum-based team intends to use organoids derived from stem cells to study the progression of SARS-CoV-2 infection and to identify antiviral substances.

Researchers grow lung organoids from stem cells for Sars-Cov-2 research

A Bochum-based team intends to use organoids from stem cells to study the progression of Sars-CoV-2 infection and to identify antiviral substances.

EUR/USD Price Analysis: Range breakout seen on D1 favors move above 1.11

EUR/USD closed well above 1.1019 on Thursday, confirming an upside breakout of the multi-week trading range of 1.0727 to 1.1019. The breakout is backe

USD/JPY Price Analysis: Breaks 12-day-old supportline as risk aversion intensifies

USD/JPY takes the offers around 107.38, down 0.24% on a day, amid the early Friday’s trading. The risk barometer recently broke an upward sloping tren

EUR/GBP Price Analysis: Jumps to fresh 2-month tops, further beyond 0.90 mark

The EUR/GBP cross gained some positive traction for the third consecutive session on Friday and broke out of the previous day's trading range. The mom

EUR/USD: The trend is positive but a setback is on the cards

Another day, another round number smashed – at 1.11, the world's most popular currency pair is trading at the highest since March while Friday's four-

EUR/USD: The trend turns higher with resistance seen at 1.1145/66 and ultimately at 1.1369 – Credit Suisse

EUR/USD has seen a conclusive break above key 200-day average/price resistance at 1.1009/19 to turn the core trend higher, with resistance seen at 1.1

Magic Leap CEO to step down

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

Magic Leap CEO Rony Abovitz is stepping down

Magic Leap founder Rony Abovitz confirmed he has raised a new round of funding, and he also announced he will step down as CEO.

Rony Abovitz confirms Magic Leap's new funding, will step down as CEO

Magic Leap has secured new funding to back its plan in building augmented reality tech for business use, but it will eventually move forward with a new CEO as Rony Abovitz is stepping down.

Arjun Kapoor Joins International Celebs Dua Lipa, Jason Derulo & Others To Raise Funds For Those Heavily Affected By Global Pandemic

Actor Arjun Kapoor will be part of a global effort to raise funds for those affected by the COVID-19 pandemic. The effort also involves international stars like Jason Derulo, Dua Lipa, Maluma, Nicky

Arjun Kapoor joins Dua Lipa, Jason Derulo to raise COVID-19 funds

Actor Arjun Kapoor will be part of a global effort to raise funds for those affected by the COVID-19 pandemic. The effort also involves

Translation From VC-Backed PR Jargon To English of Magic Leap CEO Rony Abovitz's Statement That He's 'Stepping Down'

From a company-wide memo sent by Rony Abovitz, the founder of Magic Leap, which has raised nearly $3 billion from high-profile investors including Andreessen Horowitz, Google, AT&T, NTT DoCoMo, Public Investment Fund of Saudi Arabia, JP Morgan, Kleiner Perkins Caufield & Byers: As we've sha...

拿到救命錢之後，Magic Leap 創辦人 Rony Abovitz 將離職

AR 新創 Maigc Leap 的故事峰迴路轉，在上週拿到最新一輪募資，保住千名員工的飯碗後，創辦人兼執行長自己的飯碗卻不保了。Magic Leap 將在近期招募新的執行長來取代 Rony Abovitz。 矽谷新創送走創辦人的故事將再添一例，擴增實境（Augmented Reality）新...

We thought too big, Renault says as it axes 15,000 jobs in cost-cutting reboot

Renault acknowledged that its global ambitions had been unrealistic, announcing plans to cut about 15,000 jobs, shrink production and restructure French plants as it pressed the reset button and sought to banish the spectre of Carlos Ghosn. Faced with a slump in demand that has been exacerbated by the coronavirus pandemic, Renault detailed plans on Friday to find 2 billion euros ($2.22 billion) in savings over the next three years. "We thought too big in terms of sales," said interim Chief Exe

‘We thought too big,’ Renault says as it axes 15,000 jobs in cost-cutting reboot

Faced with a slump in demand that has been exacerbated by the coronavirus pandemic, Renault detailed plans on Friday to find 2 billion euros in savings over the next three years.

We thought too big, Renault says as it axes 15,000 jobs in cost-cutting reboot

We thought too big, Renault says as it axes 15,000 jobs in cost-cutting reboot

Capcom looking for partners for Mega Man Battle Network 20th Anniversary products in 2021

It seems as though Capcom has big plans for Mega Man Battle Network’s 20th Anniversary which is set to happen next year. The Japanese company has revealed via job listings on its official sit…

After speaking with Shah, Goa CM hints, lockdown may be extended by 15 days

He told the media that after speaking with Union Home Minister Amit Shah, he felt that the lockdown may be extended for another 15 days. We however demand that there should be some more relaxations.

Goa CM Pramod Sawant said

Goa Chief Minister Pramod Sawant has demanded to extend the lockdown by another 15 days, whereas after talking to Home

Cocooning Offaly farmer strikes up unlikely friendship with wild fox during lockdown

AN IRISH farmer has struck up a surprising new friendship with a wild fox during lockdown. Farmers and foxes have, historically speaking, never really seen eye to eye. That certainly used to be the case for retired dairy farmer Tony Bergin. But things changed just over two months ago when the 90-year-old was ordered to stay indoors at his home near Roscrea as part of the government’s strict measures for halting the spread of coronavirus. Lockdown has proven a trying time for everyone, especially those forced to cocoon at home away from their immediate family and friends. Advertisement Tony, however, soon found himself in good company, as RTE reports. At some point during those early, uncertain, weeks a wild fox began paying him regular visits. Over time, an understanding and, eventually, friendship developed between the pair. Now, most evenings after dinner, the 90-year-old heads out to his yard to catch up with his pal. After a few whistles, Tony is able to coax his furry companion out for a bite to eat. The…

Amitabh Bachchan Sends Migrant Workers to Uttar Pradesh From Mumbai in 10 Buses

Amitabh Bachchan, like Sonu Sood and others, helps migrant workers reach their home in Uttar Pradesh. He teams up with the Haji Ali Trust and Pir Makhdum Trust to send 10 buses.

Sonu Sood Airlifts 170 Girls Working as Labourers at a Factory in Kerala, Sends Them to Odisha

Sonu Sood now helps migrant workers stuck in Kerala. He sends a special aircraft to lift 170 young girls from Kerala to Odisha.

Exclusive! After helping migrant workers in Mumbai, Sonu Sood now airlifts 177 girls stuck in Kerala

Man of the moment Sonu Sood has won the hearts of many by his selfless and kind act. He has left no stone unturned in helping migrant workers reach th

Jadon Sancho 'feeling the pressure' amid Manchester United transfer interest

Jadon Sancho has struggled for form since the Bundesliga's return though he remains a top target for Man Utd.

Manchester United have a win-win transfer ploy with Jadon Sancho and Dean Henderson

Manchester United are remain firmly focused on signing Borussia Dortmund superstar Jadon Sancho.

Manchester United know where to find their perfect back-up striker

Man Utd will need a long-term replacement for Odion Ighalo when he returns to China and they now know the ideal player they should be after.

Erling Haaland appears to like tweet criticising Man Utd transfer target Jadon Sancho

Jadon Sancho has been struggling for fitness after returning from injury, and his Dortmund team-mate Erling Haaland appeared to endorse a tweet pointing this out

Investors could look at top-rated company FDs as options shrink

The highest interest rate offered by SBI is 5.4 per cent after the 40-basis point cut.

PBOC sets Yuan reference rate at 7.1316

The People's Bank of China (PBOC) has set the Yuan reference rate at 7.1316 versus Thursday's fix at 7.1277.

Google Makes Sharing Plus Codes Easier in a Push To Simplify Addressing System Globally

Two years ago, Google open-sourced Plus Codes, a digital addressing system to help billions of people navigate to places that don't have clear addresses. The company said this week it is making it easier for anyone with an Android device to share its rendition of an address -- a six-digit alphanumer...

Google Maps made easy: How to search and share your location even without an address

Google has announced that it is making it easier for Google Maps users to share Plus Codes with others.

Google launches Plus Codes for Maps

Google has announced its Plus Codes feature is now available in Google Maps for Android.

Bursa bucks regional trend on economic recovery plan news

KUALA LUMPUR, May 29 — Bursa Malaysia bucked the regional trend to close higher today, thanks to buying support in index-linked counters and positive news on the government’s new economic recovery plan, dealers said. The benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) rose 15.75 points to end the...

Bursa Malaysia turns positive at mid-afternoon

KUALA LUMPUR, May 29 ― Bursa Malaysia reversed its earlier downtrend to stay in positive territory at mid-afternoon, thanks to gains in selected index-linked counters. Bucking the regional trend, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) gained 3.27 points to 1,460.77 as at 3.06pm against...

Bursa Malaysia slightly lower in early trade

KUALA LUMPUR, May 29 ― Bursa Malaysia retreated from yesterday's gains to open slightly lower this morning dampened by selling in the index-linked counters amid mixed market sentiment. At 9.05am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) eased 6.09 points to 1,451.41 from yesterday’s...

Vodafone Idea share price zooms 35% on report Google eyeing stake in telco

Share price of Vodafone Idea gained 35% to Rs 7.85 compared to the previous close of Rs 5.82 on BSE

Voda Idea jumps 35% on reports Google eyeing 5% stake in telco

For a 5 per cent stake, Google will have to shell out $110 million.

Vodafone Idea surges 35% on report Google eyeing 5% stake, trims gain later

The stock has been more-than-doubled from Rs 3.04 on April 1, as compared to a 13.4 per cent rise in the S&P BSE Sensex during the same period.

Vodafone-Idea share price jumps 15%, Google mulls 5% stake buy in cash-strapped telco

Struggling telecommunications firm Vodafone-Idea saw its share price jump 15% in the initial few minutes of trade on Friday as investors reacted to the news of internet giant Google considering a 5% equity stake buy in the company.

Veteran Kerala politician MP Veerendra Kumar passes away at 84

Kumar was a Rajya Sabha member from Kerala and also a member of PTIs Board of Directors.

Kerala: Rajya Sabha MP Virendra Kumar Dies at the Age of 84, PM Said

MP Virender Kumar, Rajya Sabha MP and managing director of the leading Malayalam daily Mathrubhumi, died on Thursday in a

M P Veerendra Kumar, RS member and press baron from Kerala, passes away

"He was admitted to the hospital in Kozhikode due to some health complications. But unfortunately, he passed away a little before 11 PM," the sources told PTI

China to ban pork imports from India to 'prevent swine fever': Report

According to the daily, India reported its first case of ASF in both domestic pigs and wild boars in Assam earlier this month

China To Ban Import Of Pigs From India Over African Swine Fever: Report

Citing concerns over African swine fever (ASF), China has announced that it will put a ban on imports of pigs, wild boar and related products from India.

Morning Digest: India open to dialogue with Nepal; citing swine fever, China bans pork imports from India, and more

A select list of stories to read before you start your day

Indian-origin doctor Rajesh Gupta who worked during coronavirus pandemic found dead in UK hotel

An Indian-origin doctor Rajesh Gupta was found dead in a hotel in the United Kingdom on Monday where he was staying with his family to protect them from the novel coronavirus pandemic, reported HT.

Indian-origin doctor in UK, working during Covid-19 pandemic, found dead in hotel

Rajesh Gupta was found dead on Monday afternoon in the hotel where he had been staying to protect his family while he worked during the coronavirus pandemic. The cause of his death was yet to be determined, said the NHS Trust where he worked.

Coronavirus may lead to $8.5 trillion loss in global output, sharpest since Great Depression: UN

Globally, coronavirus has infected 5,813,997 people and killed 360,397, according to Johns Hopkins University

COVID-19 could cause $8.5 trillion loss in global output: UN chief Antonio Guterres

“We must avoid it. The pandemic has demonstrated our fragility. Despite all the technological and scientific advances of recent decades, we are in an unprecedented human crisis, because of a microscopic virus,” the UN Secretary General said on Thursday to the high-level event on Financing For Development.

Covid-19 may cause hunger, famine, $8.5 trn loss in global output: UN chief

Guterres told the high-level meeting that the UN is asking for immediate, collective action in six critically important areas to deal with the crisis

Riddhima Kapoor Sahni is all praise for mother Neetu Kapoor for giving her a new hairstyle; calls her 'supermom'

Riddhima Kapoor Sahni has been by her mother Neetu Kapoor's side since the day she has come to Mumbai. Not only that she has also been quite active on

Riddhima Kapoor Sahni is a spitting image of her mother Neetu Kapoor and her new quarantine look is proof

The late actor Rishi Kapoor and Neetu Kapoor’s daughter Riddhima Kapoor Sahni is an avid social media user. Riddhima, who is a fitness enthusiast, is

‘Dad trained mom well’ Riddhima Kapoor Sahni says as Neetu Kapoor beats her in two scrabble games

Riddhima Kapoor Sahni is making the most of her time bonding with mom Neetu Kapoor in their Mumbai residence.

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

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

Watch: CM KCR inaugurates Kondapochamma Sagar Reservoir

Yagams, poojas marked the opening of Kondapochamma Sagar. The reservoir will receive water from the Markook surge pool.

PIC wants Eskom bonds turned to equity

SOUTH African state asset manager the Public Investment Corporation has submitted a proposal to the government on converting bonds it holds in struggling state utility Eskom into equity.

PIC willing to convert R90 billion of Eskom debt into equity

Africa’s biggest fund manager, the Public Investment Corp., is willing to convert more than 90 billion rand ($5.2 billion) of Eskom Holdings SOC Ltd. debt into equity.

IIT Roorkee to research on identifying antiviral for treating Covid-19

The objective of the study is to identify antiviral molecules to combat Covid-19 and expedite the process of identification of drugs through an in-silico approach

IIT Roorkee to conduct research for identifying antiviral to tackle COVID-19

Indian Institute of Technology (IIT) Roorkee will conduct research on the identification of antiviral to treat COVID-19.

Eli Apple agrees terms with Panthers after failed Raiders move

Cornerback Eli Apple has agreed to join the Carolina Panthers after leaving the New Orleans Saints.

Ex-New Orleans Saints CB Eli Apple agrees to deal with Carolina Panthers

May 28 (UPI) -- The Carolina Panthers agreed to terms on a one-year contract with former New Orleans Saints cornerback Eli Apple, the team announced Thursday.

'Double-edged sword': Hong Kong gov't warns US on special status

Hong Kong leader Carrie Lam tried to rally people behind China's new national security on Friday, as the government warned the United States to stop interfering in its internal affairs, saying the withdrawal of the territory's special status could be a "double-edged sword".

Hong Kong govt warns removing US special status is 'double-edged sword'

HONG KONG, May 29 — Hong Kong's government warned Washington that withdrawing its special US status, which has underpinned the city as a global financial hub, could be a "double-edged sword" and urged the United States to stop interfering in internal affairs. The statement came as US President...

NZD/USD climbs above 0.6200 on broad USD weakness

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

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

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

EUR/USD climbs to 2-month tops beyond 1.1100

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

Samsung Galaxy Watch Active 3: what we want to see

The Samsung Galaxy Watch Active 3 could land soon with more storage and a bigger battery.

Nokia Mobile toyed with the idea of Foldable Nokia smartphones but put the project on hold a few months back

HMD aka Nokia Mobile has been actively toying with many smartphone innovations and design ideas for disrupting the smartphone market. One of the examples of such ideas was the Light’s array camera technology on Nokia 9 PureView. Though with lack of support from Light the smartphone couldn’t live up to its potential.

Samsung Galaxy Note20's battery could be 4,300 mAh after all

This has been inferred by digging through a certification database.

Disney World Plans for a July Reopening, Despite the Still-Ongoing Pandemic

What could possibly go wrong?

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

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

Walt Disney World Temporarily Suspends Dining Plans, FastPasses, And Extra Magic Hours

Significant changes are coming to the Walt Disney World Resort upon the parks’ reopening in mid-July, but it’s more than anyone imagined. Due to the coronavirus pandemic, Disney will ...

Avoid GE Stock? Depends if You’re Trading or Investing

General Electric may not make for a great investment, but GE stock it has some upside and a well-established bottom.

First Solar Stock Set To Surge To Pre-Covid Peak Of $57?

Comparing the trend in First Solar stockover recent months with its performance during and after the Great Recession of 2008, we believe that the stock can potentially gain around 20% once fears surrounding the coronavirus outbreak subside, to touch pre-crisis highs of around $57...

"It's not up to him, that's up to me": Chris Jericho on a possible match with Mike Tyson

Does "Le Champion" believe that Mike Tyson is capable of putting on a decent wrestling match?

COVID-19 patients who undergo surgery are at increased risk of postoperative death

Patients are at increased risk of dying after surgery if they contract COVID-19. Non-critical surgery should be postponed during COVID-19 outbreaks. Investment is urgently needed to increase safety of surgery during COVID-19 outbreaks.

COVID-19 patients who undergo surgery are at increased risk of postoperative death

Patients undergoing surgery after contracting coronavirus are at greatly increased risk of postoperative death, a new global study reveals. Researchers found that amongst SARS-CoV-2 infected patients who underwent surgery, mortality rates approach those of the sickest patients admitted to intensive care after contracting the virus in the community.

NABARD sanctions Rs 1,050 crore credit support to West Bengal

The credit support under special liquidity facility will be extended to state cooperative banks, regional rural banks and micro-finance institutions. The NABARD has already disbursed an amount of Rs 720 crore to state coperative and regional rural banks, he said, adding that disbursements to MFIs will commence shortly.

NABARD sanctions Rs 1,050 crore credit support to West Bengal

The National Bank for Agriculture and Rural Development (NABARD) has sanctioned credit of Rs 1,050 crore in the current fiscal so far to West Bengal for benefit of farmers and poor people.

Coronavirus | Indians to skip border trade with China through Lipulekh pass this year

There has been no word so far from the Centre on the issue, say officials.

Indians to skip border trade with China through Lipulekh pass this year

Indian traders have decided not to do trade with China through Lipulekh pass this year as a precaution against COVID-19. They conveyed their unwillingness to participate in the annual exercise during a preparatory meeting. Officials said there has been no word so far from the Centre as well on border trade as the lockdown against coronavirus continues.

Man booked for morphing Godse’s picture on currency

M.P. police act a week after social media post

Man booked for posting currency note on Facebook with Godse’s image over Gandhi’s

Police say he has been absconding since the incident

華為有望下單給高通？分析師：美商務部應會核准執照

美國商務部祭出最新禁令，禁止業者以內有美國科技的設備替華為製造晶片。分析人士相信，高通（Qualcomm Inc.）或許會是華為轉單的意外受惠者。 Barron's、Benzinga 報導，KeyBanc Capital Markets 分析師 John Vinh 28 日發表研究報告指出，受...

Covid-19: No need to wear a mask when jogging or alone in the car, says Dr Noor Hisham

KUALA LUMPUR, May 29 — Health director-general Datuk Dr Noor Hisham Abdullah said there’s no need to wear a mask when you are out jogging or in the car alone. He added that practising social distancing and maintaining good personal hygiene are more important as this will ensure the virus...

COVID-19: Maintain 20 feet distance from people to avoid infection

Maintaining a 6 feet distance from the next person to avoid COVID-19 infection may no longer hold true. A new study says that 20 feet is the new minimum.

Health Ministry: COVID-19 mobile app updated

The citizen will then be asked to answer some questions that determine the infection possibility, she added.

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

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

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

Stock Market LIVE Updates:

Bharti Infratel share price doubles from March lows, stock gains 8% today; check new target prices

Brokerages seem to be bullish on Bharti Infratel stock and see the upside of nearly 23 per cent. Amid lockdown restrictions, Bharti Infratel last month extended its deadline for completion of a merger with Indus Towers to June 24.

Alleged Rwandan genocide bankroller to be tried in Arusha: judge

Described as Africa's most wanted man, Kabuga has been held in a French jail since his May 16 arrest at his home outside Paris.

Rwandan genocide bankroller Kabuga to be tried in Arusha -Judge

The alleged financier of the 1994 Rwandan genocide, arrested this month in France after 25 years on the run, will be transferred to the war crimes tribunal in Arusha, Tanzania, once conditions allow

Sterling sinks to two-month low as Brexit fears loom

LONDON, May 29 — The pound fell to a two-month low against the euro today as Brexit talks and speculation about negative interest rates in Britain continue to weigh on sterling, which also fell against the dollar. Brexit talks about a trade deal with the European Union have not gone well, with...

Sterling rises 0.5pc versus weaker dollar, flat versus euro

LONDON, May 29 ― The pound rose around half a per cent against a weaker dollar yesterday, but was little changed against the euro, as Brexit-related risks and speculation about negative interest rates continue to limit the pound's gains. The safe-haven dollar fell to a near two-month low as...

India’s key growth engine grinds to halt in sign of slump

India Business News: From call centers to hotels to airlines, India’s key services industries have come to a standstill during the coronavirus outbreak, dragging the econo

India’s key growth engine grinds to halt in sign of slump

Businesses providing services of everything from technology to travel and trade were the first to be hit by lock down. Unlike manufacturing-heavy economies like China and South Korea, in India, the services sector accounts for 55% of gross domestic product -- and the slump in output has had ripple effects on jobs and economic growth.

Now China says Wuhan wet market was NOT the origin of the coronavirus pandemic but it may have been the site of a 'super-spreader' event

Genetic evidence has confirmed that the virus originated in Chinese bats before it jumped to humans, but the exact location of the transition is unknown.

Chinese CDC Now Says The Wuhan Wet Market Wasn't The Origin of The Virus

Experts still don't know where the new coronavirus came from.

Tobacco industry using 'deadly' tactics to hook kids

Ahead of its World No Tobacco Day on Sunday, the World Health Organisation says 44 million children aged 13 to 15 are smoking.

Tobacco industry using 'deadly' tactics to hook kids: WHO

The WHO said cigarette firms were still trying out all manner of ways to get youngsters lighting up -- and it was no accident that the vast majority of smokers start before they turn 18.

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Asia Session: Asia Booking Profits Ahead Of The Weekend

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

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

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

COVID-19: AMCON seeks aviation sector bailout - Premium Times Nigeria

The Asset Management Corporation of Nigeria (AMCON) has asked the federal government to bailout the aviation sector...........

Row over N50b AMCON’s bailout, new loans for aviation

The Asset Management Corporation of Nigeria (AMCON) yesterday disclosed that it injected N50 billion to stabilise the operations of the aviation sector between 2012 and 2020.

Gold Futures: Upside appears limited

Open interest in gold futures markets noted investors trimmed their open interest for the fifth consecutive sessions on Thursday, this time by nearly

Natural Gas Price: Room for extra pullbacks

Open interest in Natural Gas futures markets increased for the second session in a row on Thursday, this time by around 30.6K contracts. In the same d

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

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

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

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

[Update: More than half of stores worldwide now open] COVID-19: Which Apple Stores have reopened?

Is your local Apple Store open? As some regions ease lockdown measures, Apple is beginning to reopen stores. Here's a list of every reopened location.

Nearly half of Apple retail stores now open globally

Apple has managed to reopen nearly 256 retail stores out of more than 500 worldwide, as it aims to safely restart operations.

Bank of India cuts MCLR by 25 bps across all tenors

The revised one-year MCLR will be 7.70 percent as against 7.95 percent earlier, the bank said in a release.

UCO Bank reduces repo-based lending rate by 40 bps

State-run UCO Bank on Friday said it has reduced its lending rate linked to the Reserve Bank of India's (RBI) repo rate by 40 basis points.

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

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

Euro zone companies tap banks for cash to survive pandemic

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

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

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

Property investor IPUT increases revolving credit facility by €50m

IPUT, one of Ireland's largest institutional property investors, has increased its revolving credit facility (‘RCF’) by €50m to €300m.

Marge Redmond, Sister Jacqueline on 'The Flying Nun', Dies at 95

Redmond was also known for prolific TV guest spots and starring in commercials for Cool Whip

Marge Redmond, Sister Jacqueline on 'The Flying Nun,' Dies at 95

The former wife of late actor Jack Weston, she also made a living doling out dollops of Cool Whip in commercials.

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

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

WTI slips below $34.00 amid risk reset in early Asia

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

Coronavirus India lockdown Day 66 updates | May 29, 2020

Coronavirus vaccine developed by India likely to begin human trial in October, says expert.

‘Pre-clinical Covid-19 vaccine trials in India could conclude by October’

India may be close to successfully developing a vaccine for the novel coronavirus, Principal Scientific Adviser Dr K VijayRaghavan said on Thursday adding that of the 30 groups engaged in the exercise, 20 are ‘working at a good pace’.

SBP reserves fall $55m to $12.07b

Drop comes on accoun­t of extern­al debt repaym­ents

India's forex reserves soar to record high of $490.04 billion

Foreign currency assets (FCA), a major component of the overall reserves, increased by $3.035 billion to $451.706 billion in the reporting week, Reserve Bank of India (RBI) data showed.

Pandemic puts up to 86mn children at risk of poverty: study

Viet Nam News / ANN UNITED NATIONS — The economic consequences of the COVID-19 pandemic could push as many as 86 million more children into poverty by the end of 2020, a joint study by Save the Children and UNICEF showed on Wednesday. That would bring the total number of children affected by poverty worldwide to 672 million, an increase of 15 percent over last year, the two aid agencies said in a statement. Nearly two-thirds of those children overall live in sub-Saharan Africa and South Asia.

Pandemic puts 86m children at risk of poverty: study

Save the Children and Unicef say nearly two-thirds of affected children live in sub-Saharan Africa, South Asia

No immediate plan to go for stricter lockdown: govt

Zafar Mirza says NCC will meet on June 1 to review situation.

Pak Govt has no immediate plan to go for stricter lockdown

Islamabad :  The Pakistan government has said that it has no immediate plan to go for a stricter lockdown, despite thousands of new COVID-19 cases, as well as deaths, it was reported on Friday.Speaking to Dawn news on Thursday, Information Minister S

Fintech marketplace Stackin secures $12.6 million ahead of UK launch

Stackin, a US startup that helps consumers navigate the crowded fintech space, has raised a $12.6 million Series B funding round led by Octopus Ventures.

Text Message Finance: Stackin’ Raises $12.6 Million

Stackin' has raised a $12.6 million Series B funding round led by Octopus Ventures, according to a company release. Other investors in the funding round includ

Honor 30 Series Finally Going Global, Enters in Russia - Gizchina.com

Honor 30 has finally gone official with the device now officially launched in the Russian market. Here's the Russian pricing and launch offers of the series

Honor 30 family hits Russia - its first market after China

The Honor 30 Pro+ and Honor 30 are up for pre-order, Honor 30 Pro is missing.

European coffee giant brews a strong IPO

JDE Peet's shows that coffee is a good mix to have in a virus-struck marketplace

StockBeat: Smelling the Coffee in Times of Coronavirus

StockBeat: Smelling the Coffee in Times of Coronavirus

Get Instant PAN Card Through Aadhaar For Free: How to Apply

Online PAN card allotment just got easier and free. No more document hassle, as all an applicant needs is their Aadhaar number.

Have mobile linked to Aadhaar? Get PAN instantly

India Business News: Now you can get a PAN allotted to you by the income tax department instantly if you have an Aadhaar-linked mobile number. The instant PAN will be a pa

Bitcoin Breaking $10,500 Will Set the Stage for a Massive Reversal: Here’s Why

Bitcoin has been on an impressive rally over the past two months.

Bitcoin Isn’t Even in a Macro Bull Market Yet: Here’s Why One Is Imminent

Bitcoin has performed extremely well since the $3,700 lows. Data from TradingView suggests that from the lows, the cryptocurrency is up just over 150%.

Eurozone Preliminary CPI misses estimates with 0.1% YoY in May, EUR/USD keeps highs

According to Eurostat’s flash reading of Eurozone CPI report, the annual reading came in at +0.1% in May, meeting expectations of +0.2% and +0.3% prev

When are the Eurozone Preliminary CPIs and how could they affect EUR/USD?

Eurostat will publish the first estimate of Eurozone inflation figures for May at 0900 GMT this Friday. The headline CPI is anticipated to come in sof

KCSE, KCPE to be done in February 2021 - Committee proposes

New proposed date for re-opening of schools

Magoha team wants exams in February next year

The committee recommends that the 1.8 million KCPE and KCSE candidates be given priority to report to schools in September this year.

Senate President appoints Sani Fema SA, sports

The President of the Senate Federal Republic of Nigeria,  Senator Ahmad Ibrahim Lawan has appointed Hon. Sani Fema as his

Buhari Extends Acting President Of Appeal Court’s Appointment

This was contained in a statement by Senior Special Assistant to the President on Media and Publicity, Garba Shehu, in Abuja on Friday.

Odion Ighalo willing to risk £75m contract with Shanghai to stay at United

Odion Ighalo is now ready to make a real financial gamble on his contract with Chinese club Shanghai Shenhua as he wants to finish the season with Man United.

Man United striker prepared to take a huge risk in order to extend his contract

Man United striker prepared to take a huge risk in order to extend his contract

The number of borrowers going interest only increases, as 24% of housing and 41% of business loans were interest only at the end of April

The number of borrowers going interest only increases, as 24% of housing and 41% of business loans were interest only at the end of April

Mortgage repayment cliff beckons

A Senate committee has been told that businesses and households have now deferred around $250 billion worth of loan repayments due to the coronavirus pandemic. However, Australian Prudential Regulation Authority (APRA) chairman Wayne Byres conceded that some customers will not be able to repay their loans when they are required to resume repayments:

Bev Q developers now raise the spectre of cyber attack

Faircode Technologies Private Limited, the Kochi-based developers of Bev Q, the virtual queue management app for maintaining social distancing at liquor outlets, has raised suspicion of a targeted and

Bev Q goes kaput disrupting liquor sale

Liquor sale across the State was disrupted on Friday after Bev Q, the virtual queue management app for maintaining social distancing at liquor outlets, went kaput denying access to majority of users t

Volkswagen to invest 2 billion euros in Chinese EV deal, buys stakes in two firms

In a separate transaction, VW said it will pay 1.1 billion euros to acquire 26.5% of Guoxuan High-tech Co Ltd, a maker of electric vehicle batteries, becoming its biggest shareholder

Volkswagen AG pumps 2 billion euros into China electric vehicle bet, buys stakes in 2 firms

VW said it will invest 1 billion euros to take a 50% stake in the state-owned parent of Anhui Jianghuai Automobile Group (JAC Motors), also raising its stake in an existing electric vehicle joint venture with JAC to 75% from 50%.

Douwe Egberts' parent valued at €15.6 billion in Amsterdam IPO

Coffee maker JDE Peet's, parent company of Douwe Egberts among others, made its stock debut on Amsterdam's AEX on Friday, one of only a handful of IPOs launched in the coronavirus crisis. Shares

As Peet’s Coffee Parent Shares Surge Post IPO, Expect It To Be A Bigger Contender Against Starbucks

The coronavirus pandemic may have shut restaurants and cafes, but it’s not quenched the thirst for coffee: shares of Peet’s Coffee parent JDE Peet's surged 14% on Friday after an initial public offering, likely paving the way for Peet’s to be a bigger challenger against coffee house giant Starbucks.

$60m funding boost for NZ libraries announced at Turanga

The government chose Christchurch's central library, Turanga, as the venue to announce a $60 million cash injection for NZ libraries on Friday.

$1.4m to help Queenstown workers who have lost jobs

The hard-hit Queenstown Lakes District has been given $1.4 million in Government funding to help redeploy workers who have lost their jobs because...

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

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

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

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

Highlights of the day: Several IT enterprises to enjoy robust 2H20

Despite the impact from the coronavirus pandemic, several IT enterprises are still having good visibility for the second half of 2020 with Nanya expecting to continue picking up in the third quarter because of demand from remote work and online studying. Meanwhile, Mitac is enjoying an ongoing ramp-up of , which are likely to last into the second half. , despite US' new trade ban on Huawei, still expects its performance to continue rising for the latter half of the year.

Global coffee demand is expected to drop amid the coronavirus pandemic – which could be good news for Aussie cafes

A new report from agribusiness bank Rabobank estimates that global coffee demand will drop by one million 60kg bags in 2020 because of COVID-19’s impact on coffee consumption.

EA Motive’s Star Wars Title, Project Maverick, Might be Revealed Next Week on June 2 – Rumor

From the looks of it, EA Motive's upcoming Star Wars game, Project Maverick, is to be relealed next week on the 2nd of June.

New ‘Star Wars: Maverick’ Game Could Be Revealed Next Week

'Star Wars: Maverick' may be the next big Star Wars game and it may be revealed as early as next week.

Coming Apocalypse of Xi Jinping

China stares at an economic collapse in wake of Covid of an economy already bruised with Trump's trade war. Therefore, the move in Hong Kong reflect Xi and Party's nervousness is managing economic fallouts of Covid and trade war. Current Hong Kong move appears geared more towards domestic audience rather than global for a change.

An economic Cold War was long coming

The US has always felt threatened by China’s rise. The Covid crisis has sharpened the conflict of economic interests

Domestic helps at Noida societies cut off by employers, some forced to beg

“When the lockdown was implemented, I was given Rs 1,600 and told to leave. Now, no one is hiring... we do not know when we will get jobs again,” said Bibi, who used to work at four houses but was only paid her dues by two employers.

Health protocols 'must be met' before domestic workers return to work

They are among the eight million workers that Patel said would be heading back to help to get the wheels of the economy turning again after weeks of lockdown.

Metals Nearing Critical Momentum For New Parabolic Rally

Commodities Analysis by Chris Vermeulen covering: XAU/USD, XAG/USD, Gold Futures, Silver Futures. Read Chris Vermeulen's latest article on Investing.com

Silver Price Analysis: Struggles to gather upside traction despite diamond breakout

Silver is currently trading near $17.41 per ounce, representing a 0.21% gain on the day, having faced rejection near $17.50 on Thursday. The metal wit

Lockdown 5.0: List of activities likely to be permitted, prohibited after May 31

Lockdown 5.0 guidelines: Many state governments have already stated that they would relax restrictions on many activities, including opening more markets and allowing more inter-state transportation

No major increase in virus spread since restrictions eased

THERE HAS been no major increase in the spread of coronavirus since Ireland entered phase 1 of exiting lockdown. On 18 May, some of Ireland's lockdown restrictions were tweaked, allowing certain shops to open, people to visit up to four friends outdoors while maintaining social distance, and citizens allowed to venture up to 5km from home for exercise. The Government had warned that its planned phased reopening of the country could be reversed if there is a spike in cases-- however it seems the people of Ireland "have learned how to go about their business and not spread this virus". The positive comments come from National Public Health Emergency Team member Professor Philip Nolan, who is chair of the Irish Epidemiological Modelling Advisory Group for the team. Speaking this morning on RTÉ's Morning Ireland, he assured people that there had been no significant increased spread of the virus, and that as long as citizens continue to adhere to measures including social distancing and regular hand washing, and to…

Aidan O’Shea sees both sides of the equation when it comes to professionalism

'I find it hard for the players in this argument. We’re not asking for professionalism'

Ask Ethan: How Are Mega-Constellations Of Satellites Changing The Night Sky?

It's not just about SpaceX and Starlink. What we're deciding today will have a global impact for years and decades to come.

UK D10 plan to provide alternatives to Huawei

The UK has come up with a plan to provide alternative sources to China for telecoms, pharmaceuticals and other key supplies.

Coronavirus impact: Volkswagen rolls out customer-centric financial schemes

Volkswagen India has introduced leasing and finance options for customers who are interested in buying a Volkswagen product.

Gold and silver rates today spikes up in Bangalore, Hyderabad, Kerala, Vizag - 29 May 2020

Gold and silver rates today 29 May 2020 : Gold rates, which have seen a decline till Thursday have rose by a maximum amount in Friday.

Gold price today: Rs 46,995 per 10 gram; silver at Rs 47,905 per kg

Gold price today: The price of 22-carat gold is about Rs 45,600 in New Delhi per 10 gram while in Chennai, the price is at Rs 44,310

‘We had to overcome fear’: the unsung heroes caring for Americans as deaths pass 100,000

Doctors, nurses and millions of others are helping during the pandemic – by delivering food, making masks, and working at homeless shelters, in palliative care and at nursing homes

Fundraising goes social

In the new normal, doing good is much more digital. In this time of COVID, many millennials are showing their support for the country’s health workers by using social media to raise funds for Personal Protective Equipment (PPE) such as face masks, face shields and hazmat suits. A eureka moment  Last March, five friends in Quezon City got together in a eureka moment to start a PPE fund drive for the country’s frontline healthcare workers. With the help of friends, families and kind strangers, they have raised over P3.2 million as of April 28, 2020.  According to 26-year-old Jonas Tamayo, it was his friend Chabeli Cua who came up with the idea. Cua, along with Choi Co, takes care of sourcing supplies as well as hospital relations. Meanwhile, their friends Frankie Cu and Ysa Syyap handle the finances and logistics while Tamayo is in-charge of communications.  The group’s initial target was to help around 5-10 hospitals. However, the strong response of people who took part in their campaign enabled them to do much…

Consumer confidence up for first time in five months in Japan

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

Unprecedented unemployment

One in every four Indians is unemployed now. The coronavirus-induced lockdown for the longest period in the world has triggered job losses

Here's How You Can Level Up Your Digital Marketing Skills And Land Yourself That New Job

Most companies are now looking for people with digital skill sets.

New WhatsApp Warning As This Malicious Hack Strikes Again: Here’s What You Do

This WhatsApp hack is claiming victims around the world—with a new twist: Here's how you protect your account.

CBI opens probe into cash transactions of Tablighi Jamaat

Foreign funds given to the organisation are also under the scanner

CBI launches probe against Maulana Saad in foreign funding matter

CBI is probing matters related to foreign funding and alleged Hawala links against Saad.

Petrol, diesel prices unchanged in Delhi, Hyderabad, Chennai, Mumbai - 29 May 2020

Petrol and diesel prices have been unchanged at major metro cities on Friday May 28.

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

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

Decision to open shops in malls soon after taking into account health ministry's guidelines

"The decision to open the remaining shops in the malls, will be taken soon, after taking into account the guidelines of the health ministry," the ministry said in a statement.​

Markets to remain open from 7 AM to 7 PM from today

To encourage commercial activities, markets will be allowed to remain open in the state from 7 AM to 7 PM from today. Till now, the market was being allowed to open from 7 AM to 4 PM. This decision and other directions to ensure proper facilities in quarantine centres were issued by the chief

Trump cuts ties with WHO mid-pandemic, as Europe speeds reopening

US President Donald Trump on Friday said he was severing ties with the World Health Organization, signalling the end of hundreds of millions of dollars in funding to the UN agency as the deadly coronavirus pandemic rages on.

Trump’s Decision To Withdraw Critical Funding from WHO Could Cost Lives

President Trump’s decision to cut ties with the World Health Organization is a callous act that will undercut the global effort to eradicate COVID-19

Does stress promote posting misinformation?

What does current research suggest about why such misinformation is spread, and what can be done to stop it?

Coronavirus may never go away even after a vaccine is developed: Report

Currently, there are already four endemic coronaviruses that circulate continuously, causing the common cold, and many experts think this virus will become the fifth

Shah Rukh Khan’s Khar office offered for Covid-19 quarantine purpose lying unused

Shah Rukh and Gauri Khan have taken up a lot of initiatives for Covid-19 relief which also includes financial help as well. Last month the couple had

Khar building that Shah Rukh Khan offered for Covid-19 patients lying unused

The four-storey building that Shah Rukh used as his office has been equipped with 22 beds, but the BMC has no staff to make it operational

Safety fears over drug hyped to treat the coronavirus spark global confusion

A study that suggested using hydroxychloroquine — a malaria drug — to treat people with COVID-19 could be dangerous has slowed clinical trials, but the study itself has also been questioned.

Coronapod: The divisive hydroxychloroquine study that's triggering mass confusion

Hear the latest science from the coronavirus pandemic

Pakistan plans to raise $1.5bn in Eurobonds, officials say

Pakistan News: Pakistan plans to raise $1.5 billion through Eurobonds to bridge a balance of payments gap for the financial year beginning July 1, said sources. With

External borrowings to rescue as Senate cuts 2020 budget to N10.509 trillion

The Federal Government yesterday changed the earlier plan of drastically slashing the 2029 passed budget of N10.594trillion to N9trillion by reducing it with just about N85billion through a new proposal of N10.509trillion .

Covid-19 pandemic may create opportunities to deepen India’s engagement with Africa

India could also create a new fund for Africa and adapt its grant-in-aid assistance to reflect the current priorities. This could include support for new investment projects by Indian entrepreneurs especially in the pharmaceutical and healthcare sectors in Africa.

Due diligence important for residential real estate projects post COVID-19

The pandemic may impact cashflows to real estate projects with delays in customer collections and unwillingness of banks and NBFCs to provide further funding.

Sony to hold another PS5 event on June 4

This one will likely be about games.

Sony confirms the "future of gaming" PS5 launch event and black DualSense controller

Sony has confirmed plans for a PS5 launch game event. Dubbed the "future of gaming", the event will commence on June 4 at 13:00 PDT (21:00 BST/22:00 CEST). Sony has teased a toned down version of the DualSense, too.

GBP/USD: Approaching the 1.2335 resistance – Commerzbank

GBP/USD is tightly confined within a converging range (1.2217-1.2335) but is pushing hard into the resistance at 1.2335, currently trading at 1.2330,

How to Stay Motivated Learning Portuguese

Learning a new language comes with so many rewards. It’s the key to experiencing the world in a new way and making deeper connections with the people you meet.

EUR/USD: Four reasons for a correction

EUR/USD has hit 1.11 – the highest since March – amid hopes for EU stimulus, dollar weakness but the sharp run may be followed by a temporary rethink

US: Surprised drop in continuing claims intensified the greenback retracement

Initial Claims added 2.1 million, the lowest in 10 weeks while Continuing Claims fell 3.86 million in the previous week. The US dollar is losing groun

FSDC meet: Govt, regulators to step in with more liquidity measures

Both the Centre and the regulators have stepped up focus on “avoiding a prolonged period of dislocation in financial markets”, the council added.

Government mulls further measures for NBFCs, markets: Report

At a meeting chaired by FM Sitharaman, RBI officials raised concerns over liquidity challenges being faced by NBFCs and various state and micro finances.

Researchers modify amide bonds to speed up reactions

In proteins, amino acids are held together by amide bonds. These bonds are long-lived and are robust against changes in temperature, acidity, or alkalinity.

A Small Twist in Protein Structure Leads to a Big Reaction

Researchers devised a way to modify amide bonds with a twist to their chemical structure that significantly speeds up reactions.

The role of entrepreneurial action in economic recovery

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

Government's stimulus program to boost consumer spending

The world has been experiencing an unprecedented economic downturn due to the COVID-19 pandemic. A significant number of economic activities have shut down. With increasing unemployment, economists are devising and proposing economic measures that could help ensure a sustainable increase in consumer spending and circumvent a long-term economic recession. However, whether the proposed economic measures are going to provide a long-term solution to these problems remains a concern.

Government removes restrictions on the export of paracetamol APIs

Government has removed restrictions on the export of paracetamol active pharmaceutical ingredient (API) almost three months after the curbs were put in place due to shortage of supply from China...

Govt lifts curbs on exports of paracetamol APIs with immediate effect

"The notification is further amended to remove the restriction on the export of paracetamol APIs, making it export 'free' with immediate effect," the statement read

Covid-19 in India: SC wrong on migrants, and also on private hospitals

The first is the domain of Centre & states; if private hospitals make losses, the second will badly hit Covid treatment.

Can’t make migrants pay for travel: Supreme Court

Even as the Centre claimed that it is taking “unprecedented steps” to meet the challenges during the Covid-19 lockdown, the Supreme Court on Thursday asked it to ensure free travel to stranded migrant labourers to their home states.

Samsung’s Blockchain Wallet Integrates With Gemini Crypto Exchange

Gemini, the crypto asset exchange founded by the Winklevoss Twins, has become the first exchange to partner with Samsung, the companies announced on Thursday. S

Samsung Galaxy A71s 5G UW is headed to Verizon

The name has been revealed through a regulatory filing.

散戶螞蟻搬象，標普本益比突破 23 倍！生技股當沖客出沒

美股 3 月觸底以來一路走強，許多股市老手踏錯腳步，散戶新手大軍卻開心狂買，完全忽略疫情對經濟展望造成的衝擊。 英國金融時報 29 日報導，John Hancock Investment Management 共同投資策略長 Emily Roland 表示，市場上的確出現「害怕錯過行情」（fe...

Keetmans negotiates low-cost housing for residents

The Keetmanshoop municipality has entered into several agreements with property developers as a means to address the increasing need for decent housing for its less fortunate residents.

Sberbank Forms Swiss Entity for Physical Commodities Trading

Sberbank has announced on Friday its expansion into the commodities market with the opening of a trading company in Switzerland.

Aston Villa's maverick duo of Jack Grealish & John McGinn hold key to Project Restart success

Aston Villa opinion | Things may seem bleak, but AVFC have a one-two punch that most cannot match

Weekly takeaway with Lawrence Kamwi - Reflecting on controls, restrictions, and adaptations(1)

Finance minister Iipumbu Shiimi’s theme for Budget Day 2020, “together defeating Covid-19, together thriving again”, resonates beyond Namibia’s borders.  It is a call, indeed, a prayer that informs and shapes the entire world as it charts new directions following a public health emergency.   The current health situation has led to a loss of normality in daily life. 

Williams reveals it is for sale

Backmarker Formula 1 team Williams has admitted it may be sold.

Millions relying on pandemic aid can see its end, and they’re scared

For millions of Americans left out of work by the coronavirus pandemic, government assistance has been a lifeline preventing a plunge into poverty, hunger and financial ruin.

BI sees rupiah strengthening to pre-pandemic level as it intervenes in market

BI has injected an additional Rp 167.6 trillion (US$11.33 billion) this month to stabilize the financial system.

US government weighs in against trans girls competing on girls' teams

Allowing transgender girls to compete in girls' sports leagues is illegal and could mean schools allowing the practice lose federal funding, the US Education Department ruled in a letter made public on Thursday.

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

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

Tea companies fear losing lucrative Chinese market over border conflict

Over the past five years, China emerged as the third largest importer of Indian tea as demand for the black variety has been soaring there

Gay weddings boost US economy by $3.8 billion since landmark ruling

Gay and lesbian weddings have boosted state and local economies by an estimated $3.8 billion since same-sex marriage was legalized nationwide in the United States in 2015, according to a study published on Thursday.

Six Everton players handed unexpected opportunity as return nears

Certain Everton players will be keen to grab their opportunity in the future with both hands

Kareena Kapoor Khan, Akshay Kumar, Rakul Preet Singh, Sonu Sood- Celebs Who Ventured Out Of Their Homes Amid Lockdown

We bring to you the list of Bollywood celeb who ventured out of their homes amid lockdown!

Kareena Kapoor Khan, Akshay Kumar, Rakul Preet Singh, Sonu Sood- Celebs Who Ventured Out Of Their Homes Amid Lockdown

We bring to you the list of Bollywood celeb who ventured out of their homes amid lockdown!

India-dedicated funds attract zero investments in April due to Covid-19

This is the first time since August 2016 that a month has reported nil fundraising in India-dedicated schemes

Multi-use trail touted for E&N line

Developing a multi-use trail along the length of the old E&N corridor would benefit cycling commuters, boost tourism and small business and cost far less than reviving a defunct rail service, . . .

Public sector will get planned pay rise - Donohoe

Workers in the public sector will get a planned pay rise in October, Finance Minister Paschal Don...

WWE News: AJ Styles Discusses How He Helped Two ‘Raw’ Superstars Maintain Positive Attitude

During his time on the Monday Night Raw roster, AJ Styles apparently made a positive impact on some of the red brand’s younger talents, offering them some valuable advice on how to survive the ...

VN corporate bond market turns gloomy because of Covid-19 - VietNamNet

The primary supply of corporate bonds has dropped sharply as the epidemic has upset enterprises’ business plans. Many have postponed bond issuance plans.

Trouble finds Karnataka CM Yediyurappa again, BJP MLAs' meeting trigger speculations

On Friday, CM Yediyurappa dismissed reports that he has convened an emergency meeting of a section of BJP MLAs after a group of party legislators met in Belagavi, fuelling speculations about fresh discontentment in the ruling camp.

Have Separation Anxiety? Try Holding a Hinge

These tiny, beautifully crafted objects have helped me to understand and accept my fear of life’s painful departures.

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

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

Mobile Mix: Telehealth market is fighting fit

Diana looks at all things telehealth, as the sector continues to attract attention during the ...

Starling Bank boosts its support for small and medium-sized businesses

Starling Bank is continuing to beef up its B2B banking and payments services following a fresh round of investment.

US offers $3M for 5G spectrum sharing research

The US Department of Defense granted mobile technology researchers $2.7 million to fund the launch ...

Best flash drives of 2020: USB memory sticks for all your data storage needs

Forget that pile of old USB pen drives in your desk, it's time to upgrade to the best flash drives on the market.

Apple deals on AirPods, iPhone, MacBooks still running with Memorial Day prices

We've rounded up the best Apple Memorial Day sales on AirPods, iPhone, MacBooks, Apple Watch, and more.

Jackie Kennedy's beauty secrets revealed: Dermatologist's notes reveal the First Lady applied facial toner to her armpits and kept walking to a minimum for fear of developing varicose veins

Unearthed consultation documents released by the Dr Erno Laszlo Institute, which are on loan to NYC's Makeup Museum, offer a glimpse of the former First Lady's tailored skincare routine.

VinFast’s first EV seen testing – November 2020 debut

It was previously reported that VinFast has plans to export electric vehicles to the United States in 2021, and we’re finally getting our first look at

Tensions high at Black Lives Matter protest in Fontana as rocks and bottles thrown

Rocks and bottles were thrown at a Black Lives Matter protest in Fontana.

Man United offered Wolves transfer target in Paul Pogba swap deal - reports

Real Madrid star James Rodriguez has been heavily linked with a move to Wolverhampton Wanderers, as well as other Premier League clubs

Serge Gnabry, Ismael Bennacer and five of the biggest transfer mistakes Arsenal made

The Gunners have dropped some real clangers in the transfer market

Plus500 Share Price Continues to Fall, Repurchases 22.5K Own Shares

Plus500 continues its share buyback program, with the company announcing via a regulatory filing that it has purchased 22,500 of its own ordinary shares.

Stunning cottage at Bretby Hall is on the market

It is in the grounds of the former home of fifth Earl of Carnarvon of Tutankhamun

MetaTrader 5 Platform Updated with Negative Price Capabilities

MetaQuotes announced this Friday, that it has rolled out a series of updates to its MetaTrader 5 platform, including adding negative price capabilities.

French Gov't Bans Hydroxychloroquine Submitting to Pressure From Pharma Labs, Politician Claims

The French government's decision to ban anti-malaria drug hydroxychloroquine for use in COVID-19 cases goes against French people's interests and rights to get an...

MaiCapital Launches Bitcoin-Based Quant Fund

MaiCapital Limited today announced this week the launch of its second crypto-themed quantitative hedge fund, Bitcoin+ Investment Fund1.

Rand falls, focus on Trump’s Hong Kong response

In fixed income, the yield on the 10-year government bond was up 2.5 basis points at 8.96%.

Sonu var bharosa nay kay? 9 reasons why we deserve a Sonu Sood biopic post COVID-19 lockdown

No need to feel threatened by e-commerce firms: Goyal tells traders

Lockdown 5.0: Union Commerce Minister also stated the Aatmanirbhar Bharat package that provided credit guarantee worth Rs 3 lakh crore for MSMEs also included traders

Nissan tight-lipped about strategy for Africa as it ‘transforms’

After announcing R3bn investment in its Rosslyn plant for the new Navara pickup last year.

TI remains top analog IC supplier

With analog sales of US$10.2 billion and a 19% market share, Texas Instruments held a firm grip on its position as the leading supplier of analog devices in 2019, according to IC Insights.

Wipro share price gains nearly 6% after Thierry Delaporte named new CEO and MD

Wipro share price climbed 5.6% to the day's high of Rs 210.5 on the BSE against the last closing value of Rs 199.30. Volume-wise, 18.8 lakh and 162 lakh shares were trading on BSE and NSE counters, both above the 5, 10 and 30-day average

How private equity is a risky play for the economy and jobs

Beyond the stock market and big banks, one of the biggest players in the economy operates with no regulation and an often-destructive track record.

CM Amarinder Singh's Demand, Central Government should give 10-10 Thousand Rupees to the Poor -

Punjab Chief Minister Captain Amarinder Singh on Thursday demanded the Central Government to provide ten thousand rupees to the poor

New Volkswagen Nivus breaks cover as baby coupé-style crossover...

Volkswagen has revealed a brand new nameplate, presenting the Nivus as a coupé-style crossover developed in Latin America.

Meghan Markle has been secretly working with her patronage Mayhew as it 'desperately' struggles with funding amid the coronavirus crisis, the London animal charity reveals

Meghan Markle, 38, has been secretly working with the London-based animal welfare charity during the coronavirus pandemic, Mayhew's media officer Sarah Hastelow told Newsweek

Stocks in focus: Vodafone Idea, RIL, Yes Bank, Voltas, Bank of India to remain in action

KEC, Lemon Tree, Equitas Holdings, Jubilant Life Sciences, Procter & Gamble Healthcare, Voltas, Dilip Buildcon and V-Mart Retail are among 31 companies which are scheduled to announce their March quarter earnings today.

Committees on tourism put transformation high on the agenda of the South African tourism

CAPE TOWN, SOUTH AFRICA - The Portfolio Committee on Tourism and the Select Committee on Trade and Industry, Economic Development, Small Business Development, Tourism, Employment and Labour  received a briefing from the South African Tourism (SAT) on their five-year strategic and annual performance plans.   The report was well received as the committees were reassured by SAT that the target of 21 million tourist arrivals will be met by 2030. The committees welcomed the assurance to achieve that target after COVID-19 as

The impacts of COVID-19 on innovation and digital transformation in air transport

As airlines, airports and their air transport sector partners continue to plot the industry’s recovery from the COVID-19 crisis, a focus on innovation, and investment in technologies such as touchless biometrics, self-service, automation, and mobile devices and apps, will have a crucial role to play. These are some of the key insights of a new report jointly released by Fast Future, Future Travel Experience (FTE), and the Airline Passenger Experience Association (APEX). The study findings are being launched today during a

Oscar Sudi Rants Over Alleged Plot by Interior CS Matiang'i

We are no longer interested to serve in those positions. No one would want to serve a failed government...

Opinion - Mobile social media: Enhancing mobility of the digitally excluded population

Lately, we have seen exponential growth in the utilisation of social media platforms as communication and information dissemination tools by both the private and public sector organisations, as well as individuals. This is in line with the latest development, upgrade and updates in the global digital market that can allow organisations and even individuals to save costs in terms of transport, accommodation facilities and enhancing productivity or service provision. 

My former manager was demanding GH¢120,000 to give me my Instagram password – eShun

Songstress eShun has finally made her fans privy to how come there is a swap of display picture on her official Instagram account.

Stick or twist? Investors face coronavirus-induced property dilemma

LONDON (Reuters) - The coronavirus pandemic has emptied offices and shuttered shops but filled warehouses and highlighted demand for work-from-home spaces, leaving investors wondering if they should flee real estate or double down on their bets.

The Mayo man in New York teaching fitness classes from his rooftop

Covid-19: ‘New Yorkers value work and hustle. This has allowed people to slow down’

Double swoop: AC Milan set sights on defensive duo amid talk of €75m+ transfer budget

Further spending will have to be financed by sales...

Economic contraction expected to remain well into 2021 - Shiimi

The Namibian economy is projected to contract by 6.6% in real terms during the 2020/21 financial year. Finance minister Iipumbu Shiimi on Wednesday cautioned that this contraction may linger on well into 2021 at a moderate rate of 1.1%, with the new normal average growth rates of between 2.0 and 3.6% in 2022 and beyond.  

India's lockdown strictest; economic impact to be deeper than other countries: Jefferies

A US investment bank report says India's detection rates have also climbed lately and doubling rate has plateaued at ~13-day level; medical infra is now getting stretched in certain cities, with hospitals at 100 per cent plus capacity utilisation in Mumbai, says report

Grimes Is Selling Her Soul For $15 Million (Or Your Next Best Offer)

Ill trade you a slab of beer for it.

Generating Alpha Using CEFs

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

Tamil Nadu Chief Minister sanctions funds for protection of bug-hit tapioca, launches development projects

Chief Minister Edappadi K. Palaniswami, in a statement issued on Friday, said he had sanctioned a sum of ₹54.46 lakh to protect tapioca crops

Arrowhead and Exemplar deliver better than expected results

But Covid-19 presents risks for the property sector.

Funding available for Tipperary sports clubs

BID TO INCREASE PARTICIPATION

City of San Miguel de Allende enters 'Phase 0' of reactivation

NY - San Miguel de Allende, a city known as the "Heart of Mexico" and located in the Bajio region, will enter Phase 0 of its Covid-19 Reactivation plan - activation of the local economy for the local residents - starting June 1. During this initial phase of the plan, San Miguel will see most of the business infrastructure that affects local residents reopen, including restaurants, shopping centers, markets, public transportation, offices and more. At this point, hotels, bars, cantinas, clubs,

Bharat Bond ETF second tranche worth Rs 14,000 cr to hit market in mid-July

In December, 2019, Bharat Bond ETF mobilised Rs 12,400 crore

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

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

Google may pick 5% stake in Vodafone Idea

Google is considering acquiring a stake in Vodafone Group Plc’s struggling Indian business, the Financial Times reported, joining Facebook in investing in the world’s fastest-growing mobile arena. Google may take a stake of about 5% in Vodafone Idea, though the deliberations are at a very early stage, the FT cited people familiar with the matter as saying.

COVID-19: Banks to open again in Saudi Arabia

Financial facilities to comply with health precautions

Xiaomi is working on a Dimensity 1000+ smartphone

The MediaTek Dimensity 1000+ supports the industry’s highest 144Hz refresh rate and SA and NSA dual-mode 5G.

Tesla CEO Elon Musk gets $700 million in first performance-based payout

Tesla has awarded its CEO, Elon Musk, with the first out of 12 performance-based payouts — and it’s worth over a whopping $700 million.

New photos show extent of ruin at Strathmartine Hospital as plans labelled last chance to save site

Work to transform a derelict Tayside landmark could begin as early as next year after fresh photos showed the ruined state of the most substantial building on the site.

Japan’s low unemployment rate conceals deeper labour market pain

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

American Airlines Flight Attendant Banned from Wearing Face Shield Despite Being Effective Protection Against COVID-19

A flight attendant claimed that she was not allowed to wear a face shield because it does not fit in with American Airlines' 'image standards.'

New waterways linking NE, B’desh to start in 3 months

New waterways between Tripura and Bangladesh would start within three months and it would boost trade and numerous economic activities, Tripura Chief Minister Biplab Kumar Deb said on Friday.

Royal Malaysian Navy to look into expanding base in Sabah east coast

KOTA KINABALU, May 29 — The Royal Malaysian Navy (RMN) is looking into the expansion of its base to accommodate the asset requirements of RMN especially in the east coast of Sabah. RMN chief Admiral Tan Sri Mohd Reza Mohd Sany however said the matter is still at discussion stage with the Sabah...

Malaysia’s Statistics Department foresees recession in the next four to six months

KUALA LUMPUR, May 29 — The Department of Statistics Malaysia (DOSM) has predicted that the country is heading into an economic recession in the next four to six months. In the Malaysian Economic Statistics Review (MESR), chief statistician Datuk Seri Mohd Uzir Mahidin said that their prediction...

Children's home backed for approval despite residents' concern

Plans to allow a former activity centre to be converted into a children’s home have been strongly criticised by residents.

Court rules Bendigo Bank small business loans were 'unfair'

Federal Court finds Bendigo Bank breached unfair contracts provisions after ASIC probe, in a ruling that will apply to all lenders across Australia.

Investors fear cryptocurrency CEO accused of stealing millions could be on the run

A man accused of stealing millions from Bitcoin investors appears to have made a run for it.

Tech Firm Weighs In With A Solution As RBZ /Ecocash Fight Reaches Crescendo

An African tech firm FlexFinTx has pledged a solution that can potentially end the tension between financial regulators and the regulated entities.

'Biggest Blow Since World War II': Danish Economy Expects 5.3% Nosedive

In what has been described as a marathon with no single solution, the Danish economy is expeted to shrink by over $15 billion in the aftermath of the novel coronavirus...

US Dollar Index drops to 2-month lows near 98.20 ahead of Trump

The greenback faces extra selling pressure at the end of the week and is forcing the US Dollar Index (DXY) to recede to fresh 2-month lows in the 98.2

Mercedes responds as well: "Speculations about leaving F1 are unfounded"

After its parent company Daimler, Mercedes itself also reacted to the rumours that will be hurled into the world on Thursday. According to the German team a sale is out of the question and can be admired in Formula 1 for the time being. According to Mercedes, Toto Wolff will be involved anyway, but it has not yet been confirmed in what role that will be.

House OKs creation of EVDA on 2nd reading

THE House of Representatives on late Thursday evening approved on second reading a proposed law seeking to create the Eastern Visayas Development Authority (EVDA) to spearhead investment promotion and implement economic development strategies in Region VIII.

Which countries have not reported any coronavirus cases?

In December 2019, the coronavirus was seemingly confined to China. But, a few weeks later, the virus, which causes the illness known as COVID-19, became a global pandemic.

USA Rugby outlines protocols for clubs on return to play

USA Rugby has released guidelines for clubs to follow as they consider returning to play in the wake of relaxed US coronavirus pandemic stay-at-home regulations.

3 Ways To Track Subscription Payments Coming Out Of Your Acc, To Take Better Control Of Ya $$

To make sure you're not getting ripped off.

How automated communications can enhance customer engagement & brand loyalty [Sponsored]

Technology can drive dynamic content campaigns, at scale, while marketers embrace a more strategic role. Marketers have long since identified the importance of strategic...

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

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

Wehrlein not interested in midfield F1 return

Pascal Wehrlein appears to have withdrawn his support for a potential new Formula 1 team.

The Time For The Soybean Bull Market Has Not Come Yet

The current soybean futures price is at the minimum of its five-year range. The first USDA forecast allows us to hope that the U.S. soybean ending stocks will d

Manufacturers' New Orders Posted Widespread Declines In April

New orders for durable goods plunged 17.2 percent in April following a 16.6 percent tumble in March. New orders for nondefense capital goods excluding aircraft,

Star reiterates plan to stick to current agreement and join Barcelona in 2021 after loan spell

Rumours of early switch, interest from Inter...

Sainsbury's new boss Roberts faces unexpected in-tray

When Sainsbury's new boss Simon Roberts hosts a virtual focus group with supermarket shoppers on his first day in charge on Monday, the ...

Ardagh to repay debt as it raises $715m in bond sale

Glass and metal container group led by Paul Coulsen operates facilities in 12 countries

Kāpiti Gateway Building Passes First Hurdle

The Kāpiti Gateway Building project has inched a step closer after Council granted approval today to apply to the Provincial Growth Fund for 50% of the estimated project cost.

ACT govt rules out business loans and grants, hospitality package welcomed

Chief Minister Andrew Barr says assistance for other ailing sectors is being considered.

Google mulls Vodafone Idea stake acquisition - report

Google plans to invest in Indian operator Vodafone India. The US giant seeks to acquire a 5 percent stake in Vodafone Idea, Financial Times reports, citing unnamed sources familiar with the matter. No financial details related to the planned transaction have been disclosed. 

Robinhood Names Surabhi Gupta as VP of Engineering

Robinhood has expanded its Engineering team with the appointment of Surabhi Gupta, who has been named as the Vice President of Engineering.

Teachers issue 'devastating' update on Long Eaton school after major fire

Fire crews worked through the evening to control the large blaze

Siemens wins compression contract for Golden Pass LNG export project

Boil-off gas compressor (Source: Siemens) Siemens Gas and Power GmbH & Co. KG (Erlangen, Germany) was awarded a contract from CCZ JV — a joint venture

CMSC announces virtual experience for healthcare professionals

The Consortium of Multiple Sclerosis Centers (CMSC) is pleased to announce a state-of-the-art virtual experience for healthcare professionals to learn about the latest products, innovations, and services from industry supporters and partners to optimize MS care.

Former nurse Joan’s 102 laps of the park to raise funds for the NHS

The centenarian aims to complete 102 laps of her local park before her 102nd birthday in September;

Boost explains why eWallet to bank account transfers have been discontinued

Boost had recently performed a major upgrade which offers users a larger eWallet size of up to RM4,999. However, its previous feature which allows users to cash out their eWallet credit to bank accounts has been discontinued since 18th of May.

You won’t be able to use Zoom if you don’t update before 30th May

While Zoom has had a whirlwind of a time trying to save their reputation with privacy and security, they still have an untrustworthy reputation, in our opinion. However, they’re still one of the most popular ways people are getting in touch with during the current pandemic.

National cabinet launches ambitious federation reform agenda

Federation reform has been overhauled and a new council tasked with removing duplication and overlap will report to the national cabinet each month.

Lockdown 4.0: Parents stock up on kidswear with easing of norms

A Delhi-based couple blessed with a newborn in April had a harrowing time. With the baby's birth coinciding with the unexpected nationwide lockdown, they had to resort to borrowing clothes from fr

Nifty 50 June Futures (9,404)

The Indian benchmark indices i.e. the Nifty spot and the Sensex spot indices are trading with a downward bias. The Nifty spot is down by 0.2 per cent whereas the Sensex spot is down by 0.4 per cent. A

Arsenal: 3 ways to avoid repeating last January transfer window

Per reports, Arsenal will not be spending a dime this summer, due to the financial impact of the coronavirus. This is a familiar situation for the Gunners,...

Microsoft introduces major Azure Cosmos DB changes

Microsoft has announced significant updatesto its NoSQL platform.

Mthuli Ncube in catch-22 situation

THE provision of subsidies to small-scale gold miners in defiance of advice from the International Monetary Fund (IMF) has left the government in a quandary ami...

Aussie Satirical Sites Are Trolling Zuckerberg & The US Is Simply Frothing The Content

"Just spat out my coffee."