Elon Musk just earned $780 million from Tesla — but there’s a catch

The monstrous compensation package for Tesla CEO Elon Musk is considered the largest of its kind in history, and it's starting to pay out.

The Son Of F1 Supercar Is Still On Track

In case you haven't heard, McLaren is cutting jobs by more than a quarter. McLaren, the company that built ...

Finance Ministry Perm Sec Guvamatanga splashes US$50k on kitchen suite

Underfire Ministry of Finance and Economic Development secretary George Guvamatanga has splashed a whooping US$50 000 on a kitchen suite makeover at his Harare house, Zim Morning Post can reveal.

A Goldman Sachs cryptocurrency report angered true fans

On Wednesday, Goldman Sachs released a report that outlined five reasons that cryptocurrency is not an asset class or a suitable investment .

Stocks could trade 'drastically lower' on breakdown in trade between China and US, JPMorgan says

JPMorgan has turned cautious on equities after being bullish for months, according to an analyst noted published by Marko Kolanovic on Thursday....

The Limits of Extreme COVID Monetary Policy

By Paola Subacchi LONDON – With output having collapsed as a result of the COVID-19 pandemic, many are wondering how far monetary policy can be stretched to support the economy. For the US Federal Reserve, negative interest rates appear to represent an effective limit, not because such a policy is technically unfeasible, but because it would be politically unacceptable. Yet for the European Central Bank, the Bank of England, and the Bank of Japan, there appears to be no limit. The ECB has long since cut rates into negative territory, and BOE Governor Andrew Bailey is reportedly “looking very carefully” at that option for the United Kingdom. Likewise, BOJ Governor Haruhiko Kuroda, while deeming the BOJ’s current policy mix appropriate for current conditions, has not ruled out further monetary easing or another increase in asset purchases. The question is whether it makes sense to go further down the road of extreme monetary policy. Former ECB President Mario Draghi’s famous promise to do “whatever it takes” to…

Sign of Some Upside Ahead for Boeing Stock

Boeing is one of the names most battered by the novel coronavirus, but with airlines starting to perk up, the stock could be a winner.

UNSC paralysis and ‘political infighting’ must end, to boost COVID-19 fight: Borrell

“We must learn the wider lessons and take seriously how human health and planetary health are linked and how existing inequalities are making us more vulnerable.”

S&P 500 Sell Signal May Drag Bitcoin Back Toward Black Thursday Lows

The lingering correlation between Bitcoin and the S&P 500 may be soon coming back to haunt the cryptocurrency market if a chillingly accurate sell signal se

George Floyd case revives 'qualified immunity' debate, as Supreme Court could soon take up issue

Qualified immunity is a concept developed by the Supreme Court that gives government officials immunity from harms caused by their actions under a large number of circumstances that may happen as they perform their official duties.

Travancore Titanium to make Li-ion batteries

PSU develops lithium trinitrate, main raw material for these batteries

Coronavirus | Koyambedu cluster happened despite precautions, Madras High Court told

‘CMDA distributed masks and disinfected premises daily’

Sugar unit in Vizianagaram agrees to clear ryots’ dues within two months

Parvathipuram MLA, Collector take the initiative

Action plan on the anvil to prevent industrial accidents

SP holds review meeting with heads of line departments

CM writes to CEOs seeking investments

The Chief Minister has written to 13 chief executive officers, including Apple’s Tim Cook, Amazon’s Jeff Bezos, Samsung’s Kim Hyun Suk and HP’s Enrique, to consider investment in the State.He outlined

Locust surge may turn into global plague: expert

‘Swarms won’t overrun central India’

Knowledge-based economy the way forward: CM

‘₹1,500-cr. K-Fon project to accelerate it’

TTD to release white paper on all its immovable assets

Details to be uploaded on official website in order to usher in more transparency

FDI inflows from Caymans triple

FDI inflows from Singapore fell to $14.7 bn in FY20 from $16.2 bn in the previous year, but held on to its No.1 ranking

The White House's coronavirus postcards cost the struggling Post Office $28 million

It's yet another complication for President Trump's strained relationship with the federal agency, which receives no taxpayer funding.

6 easy steps to save money in 60 minutes

If you're new to budgeting and saving (or just need to break with old habits) take an hour to go through these six steps.

DeAndre Hopkins strongly believes he's best WR in NFL

DeAndre Hopkins may have been traded away by the Texans for not all that much in return — a veteran running back and draft pick — but that doesn’t necessarily mean his talent is d…

Trump cuts WHO funding as US economy clouds speedy recovery

WASHINGTON — Grim employment and spending numbers darkened the prospects for a speedy recovery in the U.S. as the economic devastation from the coronavirus pandemic continues to spread, even as states moved to reopen more sectors. President Donald Trump meanwhile announced that the United States will end its support for the World Health Organization, charging …

Crushing It: Splunk's Strong Fundamentals Drive Stock Higher

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

U.S. Weekly FundFlows Insight Report: ETF And Fund Investors Become Slightly More Risk Seeking During The Week

For the thirteenth consecutive week, investors were overall net purchasers of fund assets (including those of conventional funds and ETFs). Fund investors were

Bio-Rad: A Very Interesting Short-Term Investment Thanks To Gains On Sartorius Holding

Bio-Rad's 2 Core business divisions: Life Sciences and Clinical Diagnostics posted so-so results in Q120 delivering net profits of $74m. Although both divisions

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

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

Attendance exemption fee for Inter

The Board of Intermediate Education will consider grant of exemption from attendance to private candidates (without college study) to appear for Intermediate Public Advanced Supplementary Examinations

Bank CIMB Niaga: Negatives Priced In

Bank CIMB Niaga's loans growth is expected to be flattish this year, compared with earlier expectations of a +6%-8% increase as the bank places a stronger empha

Free private bus service evokes good response from Udupi commuters

As many as 23 buses to be operated on 20 routes from Monday

‘Judiciary helping save democracy in State’

TDP, BJP leaders hail HC order on SEC

We Work in an Amazon Warehouse. We Didn’t Sign Up to Be Heroes.

Thanks for the flattering commercials, but we’re about to lose our hazard pay.

Get Your Feet Ready For Nike's BeTrue and Converse Collections in Honor of Pride 2020

For Pride 2020, Nike is launching this year's BeTrue Collection on June 19 globally and Converse Pride Collection on May 29 globally.

Power minister R K Singh asks Rs 3 trillion from finance commission

The minister informed the commission that the old schemes of the ministry are being amalgamated into a new scheme for which he requested Rs 3 trillion over five years.

Mark Henry explains why AJ Styles was traded to SmackDown

AJ Styles was surprisingly traded to SmackDown earlier this month. What's the possible reason behind the move?

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

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

No decision taken on setting up bad bank: FinMin official

Last month, the government decided to put restriction on foreign direct investment (FDI) to clamp down on the investor from China to buy Indian companies cheap.

Income Tax Return: Filing ITRs to become easy as CBDT notifies new Form 26AS

Form 26AS contains details of tax deducted, tax paid and tax deposited along with some other taxable income, like interest on FD etc, on which tax has not been deducted.

Saber CEO says there’s still untapped power in Nintendo Switch hardware

Saber Interactive, the team behind the impressive port of The Witcher 3: Wild Hunt and the upcoming port of World War Z, still feel that developers can get even more juice out of the Nintendo Switc…

ThePlace: Diriyah, a powerhouse of Saudi culture and commerce

Diriyah was the birthplace of the first Saudi state and, historically, a crossroads for pilgrims and traders. Nowadays, it is home to one of the Kingdom’s most ambitious heritage developments. Located on the outskirts of Riyadh, amid an oasis on the banks of Wadi Hanifa, Diriyah’s mud-brick walls once surrounded a thriving desert city that was a powerhouse of culture and

ACT church seeks faster easing of restriction rules

Muslims are also preparing for their first communal prayers in more than a month.

Gemini Exchange Brings Crypto Trading to Over 4 Million Samsung Users in U.S., Canada

Winklevoss brothers-backed Gemini cryptocurrency exchange has inked a partnership with South Korean multinational conglomerate Samsung Electronics Co. Per the terms of the partnership, as reported by Bloomberg on May 28, 2020, Gemini’s app will integrate with Samsung’s blockchain wallet to allow users to trade and store digital assets on mobile phones.

Private hospital care expected to resume in July but bitterness over State deal remains

State will take control of facilities again if future Covid surge appears imminent

Seeks RBI intervention over interest rate cuts

Real estate developers body Credai has written to the RBI, saying that the banks have not adequately passed on the benefits of repo rate cuts to the NBFCs and housing finance companies (HFCs) and...

Man faces looting, arson charges after southeast Fresno church fire

A 19-year-old Fresno man has been booked on charges of looting, arson and vandalism after a southeast Fresno church was set on fire.

Anies appoints former Merpati Airlines CEO to helm Transjakarta

The former head of state-owned Merpati Nusantara Airlines is the new president of city-owned bus operator Transjakarta.

Zakir Naik continues to be engaged in fund raising

Zakir Naik contacted Abdullah Ali al Emadi, a prominent Qatari national and one of his old associates, and requested $500,000 for his charity organisations, ET has learnt. Qatari national Mohammad Siddique Al Emadi is another close associate who helps Naik reach out to wealthy local businessmen and charity organisations to raise funds.

Overfunding: Independent Fashion Retailers Marketplace Atterley.com Surpasses £400,000 Funding Target on Crowdcube

Atterley.com, a UK-based marketplace for independent fashion retailers, has successfully secured its initial £400,000 funding target through its equity crowdfunding campaign on Crowdcube. As previously reported, Atterley.com’s mission is to bring together discerning fashion consumers, and the inventory fo the “best” boutiques and independents around the world. “Atterley is a marketplace for boutiques. We help to solve the macro-environmental challenges that independent boutiques are facing in lower footfall, rising operational costs, lack of resource &

Private buses in Mangaluru to introduce Chalo Card

It gives passengers an option to pay travel fares through smart card

Adamawa Govt accesses N10bn UBEC funds

Governor Ahmadu Fintiri of Adamawa State says the state government has accessed N10 billion from the Universal Basic Education Commission (UBEC) funds.

The alternate English proficiency test is keeping study abroad plan alive

Every day thousands of the students are regularly in touch with the International Recruitment team of various Universities

Big Tech goes on pandemic M&A spree despite political backlash

Rate of dealmaking by Alphabet, Amazon, Apple, et al is highest since 2015

Big-time success: Market experts hail rights entitlement platform

Reliance Industries' mega rights issue was the first time the platform was tested

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

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

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

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

Key Russian air cargo customer sues Boeing over widebodies, highlighting how coronavirus shifted market

The legal complaint has a weird twist: Russian cargo carrier Volga-Dnepr alleges that it has a binding contract to take four widebody aircraft worth more than $600 million at standard...

Netherlands to get tougher on tax avoidance with new withholding tax

The cabinet will push ahead with its stated intent to take a tougher stance on tax avoidance, proposing a new withholding tax which would cap dividend flows to tax havens effective from 2024, a

The release of private motorists breathes life into the fuel industry

Fuel station proprietors countrywide have got smiles on their faces following the resumption of private cars on the road.

Madhya Pradesh: Panic in Singrauli as more than 1000 bats found dead

Thousands of bats were found dead and lying on ground on Friday noon around the trees.

Maker (MKR) Jumps 37% Following a Second Listing on Coinbase

Coinbase listed MKR for the first time in April 2019, but due to limited liquidity no trades were executed.

Should Tesla Start Advertising?

Tesla shareholders are scheduled to vote in July on whether or not the brand should start advertising product like every other automaker on the planet. It’s something the board and CEO Elon Musk have long resisted, and not without good reason. As a car brand, Tesla probably enjoys more free publicity than anyone else. Musk […]

Managed money betting on big crops

A fast start to the planting season and a lackluster export market have prices for row crops trading mostly sideways over the last month and weaker since the beginning of the year.

More Than 10 Million Download Free Uncharted, Journey During Coronavirus Crisis

Sony to support around 100 affected indie developers

Housing sector faces its worst ever crisis due to Covid-19

Credai chief says Central government should offer a two per cent interest subsidy on home loans

Q&A: Where does Ireland stand on coronavirus, as we prepare for Phase 2?

Where does Ireland stand in relation to the coronavirus now?

Domestic abuse victims 'trapped' in dangerous homes by mortgages

Victims of domestic abuse are being trapped in dangerous homes because of their mortgages, charities say.

WATCH LIVE | Mkhize outlines Covid-19 interventions as SA moves to level 3

Health minister Dr Zwelini Mkhize on Friday was expected to hold a press briefing on Covid-19 health interventions as the country moves to lockdown level 3.

Nissan formally closes Indonesian factory

Automaker Nissan Motor Indonesia (NMI) announced the official closure of its factory in Indonesia as its Japanese parent company disclosed a restructuring plan to improve its finances.

Indonesian children vulnerable to secondary risks from COVID-19 crisis: Survey

A recent assessment by Save the Children Indonesia has found that children are exposed to the secondary risks from the COVID-19 pandemic that pose a threat to their health, well-being and lives -- if not more.

Sebi concessions fail to lift IPO market, firms shelve listing plans

Investment bankers say many have shelved listing plans; appetite healthy for share sales in large listed firms

Two Billion Set to Lose Their Jobs Next Couple of Months Due to Pandemic

Study says 10% of global workforce likely to work remotely forever

Sebi fines 2 persons in SpiceJet insider trading case

Markets regulator Sebi on Friday imposed a penalty totalling Rs 35 lakh on two persons for trading in shares of SpiceJet on the basis of unpublished price-sensitive information related to financial

Alibaba Stock Bulls Shouldn’t Sweat Delisting

A new hurdle for Alibaba stock is a push to delist Chinese stocks over strict accounting rules, but long-term investors should be fine.

Working Parents: Bring Your Negotiating Skills Home; Why Successful Negotiators Struggle When Negotiating with Their Kids;

Bring your boardroom skills to the living room.

Disinfect to Protect: Lysol’s P36 million funding to help Philippine Red Cross battle COVID-19

Lysol Philippines has partnered with the Philippine Red Cross (PRC) for Disinfect to Protect, a joint mission to ensure everybody is protected from illnesses, by breaking the chain of infection.

US Pres. Trump reportedly won't announce additional tariffs on China

According to several news outlets, US President Donald Trump won't announce any changes to the Phase-one trade deal with China. Trump is not expected

Looking for ECB to expand PEPP by €500 billion – TD Securities

Previewing the European Central Bank's monetary policy meeting next week on June 4th, "the focus of the June meeting will likely be the expansion of t

US President Donald Trump press conference – live stream

US President Donald Trump is hosting a news conference from White House. US Pres. Trump weighing sanctions targeting China's financial sector – Bloomb

Converse Chuck 70 "Layers" Supplies Stacked Multicolor Seams

For a vivid 3D glasses-esque effect.

SGPDA not to hand over fish market construction work to fisheries dept

NT NETWORK Margao The chairman of South Goa Planning and  Development Authority (SGPDA) Wilfred D’Sa  informed that a collective decision has

Two months without the pokies has helped change Carol's life

Carol is one of thousands of people in Australia who are seeking help for their gambling addiction while access to the pokies is cut off.

Brazilian man carrying €525K held for money laundering

A 51-year-old Brazilian man was arrested in Rotterdam on Wednesday after he was found to be carrying 525 thousand euros in a large shopping bag. He was taken into custody on charges of money

New jobs dry up amid shutdown

New job postings nosedived 87 percent year-on-year in April on the leading job search sites in Bangladesh, highlighting the strain the country’s labour market has been going through because of the

From Singapore with love

At 32, Rana Shikder is waiting for death, but he is content because he is at home.

Americans Turned Less Gloomy About The Economy in May

Current conditions look better than they did a month ago but the outlook for the future is grimmer. |

J&K: Driver’s presence of mind saves the day as truck carrying LPG cylinders catches fire

While there weren't many vehicles plying on the road in view of the lockdown, police personnel posted at a nearby checkpoint immediately stopped them from proceeding ahead as LPG cylinders started exploding one by one.

Delta Stock Could Lead an Airline Rally

DAL stock could be one of the stars of an airline resurgence, but it's still a long-term play because the industry needs time to rebound.

There’s Still Time to Buy the Disney Stock Dip

DIS stock is up nearly 20% in May. The reason? The country is reopening. And as it does, Disney gets to showcase the power of its brand.

Why Virgin Galactic Is Still Dreaming of Space Travel

Although the markets are turning positive, several fundamental factors are conspiring against Virgin Galactic.

Southwest Airlines Stock Is a Survivor Worth Betting On

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

Sonoma Pharmaceuticals News: SNOA Stock Skyrockets 117% on COVID-19 Disinfectant

Sonoma Pharmaceuticals (SNOA) is in the news Friday after approval for a disinfectant of the novel coronavirus sent SNOA stock skyrocketing.

Money whitening scope to widen

The government may allow uses of untaxed or black money in all sectors to boost investment and create jobs as part of its efforts to pull the economy out of Covid-19 wreckage.

Securities Commission of Malaysia: Clone Scams are on The Rise

The Securities Commission of Malaysia warned to the investing public today that fraudsters are trying to trick investors via clone firms.

Tourism: what's our new normal?

After months of lockdown, it's no surprise that people are itching to get out and about. But with ongoing debates about how and when to open Australia's state and territory borders, it's hard to know ...

Investors, scientists urge IEA head to take bolder climate stance

LONDON (Reuters) - Fatih Birol, the head of the International Energy Agency (IEA), faced renewed calls to take a bolder stance on climate change on Friday from investors concerned the organisation’s reports enable damaging levels of investment in fossil fuels.

Man who stole thousands from Ballarat businesses is jailed

A 28-year-old father who stole thousands of dollars worth of items from Ballarat retail stores has been jailed for his "premeditated and persistent" crime spr...

Cosmic Girls's Exy & (G)I-DLE's Yuqi take on a mission to become friends in new 1theK series 'Today Is Our First Day'

Starting this May 29 at 9 PM KST, global K-Pop media platform 1theK will be launching a brand new project to help various idol group member…

More central banks eye yield curve control. How does Japan's work?

TOKYO — The Bank of Japan’s yield curve control (YCC) is drawing attention from other central banks, including the U.

Stocks to watch: RIL, Voda Idea, Wipro, Voltas, YES Bank, Cadila Healthcare

Here's a look at the top stocks that may remain in focus today

Capgemini's top executive Thierry Delaporte is new Wipro CEO

Until recently, Thierry Delaporte was CEO of Capgemini Group and a member of its Group Executive Board. He held several leadership roles including that of CEO of Global Financial Services Strategic Business Unit, and head of all global service lines

India News Headlines: Latest India Business News 29th May 2020

Latest India Business News 29th May 2020 - Jet Airways received fresh EoIs from 11 investors ahead of deadline which ends on Thursday.

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

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

Golden Knights’ AHL team to be called Henderson Silver Knights

Silver Knights was one of the final three names Golden Knights owner Bill Foley considered for his NHL franchise, along with Desert Knights.

Does Centre have unfettered powers to impose conditions on states borrowing money?

States can now borrow 2% more funds as long as they meet certain conditions – including abiding by the ‘One Nation One Ration Card’ scheme.

Ex-Bellamy's boss Laura McBain joins board of boutique brand Lark

From baby formula to fine foods and now whisky, she has reconnected to Tasmania, as well as wealthy Hong Kong investors.

Australia's greenhouse gas emissions fall slightly in 2019

MELBOURNE (Reuters) - Australia’s greenhouse gas emissions fell just 0.9% in 2019 as increasing emissions from liquefied natural gas (LNG) export plants largely offset declines in the power and farm sectors, government data showed on Friday.

US joins G7 artificial intelligence group to counter China

US involvement is important because of the large role that American tech firms play globally and its historic advocacy for human rights, said Kay Mathiesen, an associate professor focused on computer ethics at Northeastern University in Boston.

Mark Cuban lays out his plan to boost post-COVID economy: 'Give people checks that they have to spend'

Billionaire entrepreneur and Dallas Mavericks owner Mark Cuban told "Hannity" Thursday that the issuing of pre-loaded, federally funded debit cards is the best way to spur consumer demand and boost the economic recovery from the coronavirus pandemic.

Connecticut woman allegedly spits in face of shopper going wrong way in one-way aisle

A Connecticut woman was arrested for allegedly spitting in the face of a man who was disobeying a supermarket’s one-way aisle direction, a report said. Martine Shanchuk, of Sandy Hook, tried to

Ottawa urged to restore funding to groups that help exploited women, girls

Opposition MPs sent a letter Wednesday to Trudeau, Maryam Monsef and Bill Blair denouncing the decision to not renew federal funding for groups that help sexually exploited women and girls

Twitter should fact check Kouk

All day, every day he demands more stimulus:

ICC-BCCI email exchange generates heat in board meeting

Cricket News: The long-standing matter involving the tax dispute between the ICC and BCCI, one that has led to unpleasant exchange of emails between the two organis

Three on the market: in Clontarf, Dublin 3

A choice of three impressive properties currently on the market in popular Clontarf.

Rethinking Covid-19 testing strategy

As the economy reopens, testing of asymptomatic cases must be rapidly expanded to break the transmission chain

Flawed COVID hypothesis may have saved Washington from being NYC

Researchers urge caution on genetic studies early in outbreaks.

U.N. calls on nations to take action in six areas to limit COVID-19's financial impact

May 28 (UPI) -- U.N. Secretary-General Antonio Guterres on Thursday called for countries throughout the world to work to take action in six areas to limit the financial impacts of the COVID-19 pandemic.

EUR/USD options market bias has flipped bullish, risk reversals show

On Thursday, EUR/USD one-month risk reversals (EUR1MRR) crossed above zero or flipped bullish to euro calls – the first positive reading since March 1

The Left wields its Science Club

When Michael Dukakis ran for president in 1988, he presented himself as a technocrat rather than a politician. Good government, he suggested, was about implementing what science and its derivatives, social science and the dismal science of economics, had shown to work. Technocratic solutions founded on science should, he implied, trump less tangible and more emotional phenomena such as optimism, the entrepreneurial spirit, and patriotism.

Cabinet Secretary holds meeting with Chief Secretaries

Ahead of the completion of nationwide lockdown 4.0, Cabinet Secretary Rajiv Gauba on Thursday held a meeting with municipal commissioners and district

Epistar 4Q20 operation may turn profitable, says president

Epistar is likely to see operation swing into profitability in the fourth quarter of 2020 if the impact of the coronavirus pandemic eases off in the third quarter, according to company president Chin-yung Fan.

Hearts owner Ann Budge: 'Scottish football's voting system not fit for purpose'

The system requires 11 Premiership clubs to back Ann Budge's plans.

EOS completes acquisition of Audacy

Electro Optic Systems Holdings Ltd. of Australia completed its acquisition May 28 of Silicon Valley startup Audacy and announced plans to spend approximately $1.2 billion Australian dollars ($800 million) to create the EOSLink satellite communications constellation.

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

ByteDance has quietly made a series of moves in recent months to transfer global decision-making and research capabilities out of its home country. The changes come at a time of heightened tension between the United States and China over trade, technology and the COVID-19 pandemic.

Ping An Voyager Fund Leads Investment in PlusDental to Enhance Modern Dentistry in Europe

HONG KONG and SHANGHAI, May 29, 2020 /PRNewswire/ -- Ping An Insurance (Group) Company of China, Ltd. (hereafter "Ping An" or the "Group", HKEx:23...

Favored Tech Announces Global Availability of FT-Nano Green 1008, the Most Advanced Corrosion Protection for Electronic Devices

CUPERTINO, Calif., May 29, 2020 /PRNewswire/ -- Favored Tech's early access customers have started production shipments of products protected by F...

UK economy shows early signs of improvement from lockdown low | Free to read

Five indicators benefit from easing of restrictions amid overall depressed activity

How investors learnt to love the rally in stocks

‘Fear of missing out’ dominates in sweeping ascent as doubters turn into believers

China’s media slams Trump over border comments, says he is ‘driving a wedge’

Washington believes the combined strength of Beijing and New Delhi could impair its interests in Asia and beyond, says The Global Times

Indian Microlending Firm SATYA MicroCapital Ltd Secures Over $13 Million in Equity Funding from Tokyo’s Gojo & Co.

SATYA MicroCapital Ltd, a fast-growing micro-lending firm based in India, has secured INR 105 crore (appr. $13.85 million) in equity funding from Gojo & Com

FDI inflows from Cayman Islands into India triples in FY20

The Cayman Islands, which is close to Cuba and was ranked in the study as the most prominent centre for financial secrecy, hosts more than 100,000 companies, a number that outstrips the local population

As Jobs Vanish, Salaried Workers Become Gig Economy 'Partners' With Swiggy, Zomato And Amazon

With a recession on the horizon, workers are turning to the one sector that appears to pandemic proof: home delivery.

Japan bankruptcies seen rising to seven-year high amid pandemic

A global economic slowdown triggered by the COVID-19 pandemic is causing companies to go out of business around the world.

Reservoirs are full – but the long-range forecast is for dry weather

RESERVOIRS are 95% full and the Island is in a ‘comfortable’ position despite the long spell of dry weather, Jersey Water has said.

German auto supplier ZF Friedrichshafen to cut up to 15,000 jobs - memo

German car parts supplier ZF Friedrichshafen plans to reduce the workforce by up to 15,000 jobs, or around 10per cent, by 2025 as a result of a ...

S&P cuts Rolls-Royce credit rating to junk on COVID-19 hit

Ratings agency Standard & Poor's cut engine maker Rolls-Royce's credit rating to junk on Thursday, citing the disruption caused to global air ...

Afterpay says it 'rejects' the notion of performing credit checks on its customers. Here's why their arguments don't add up.

Afterpay has gone out on the defensive yet again, as calls for it to be brought into line persist.

Gangs of Edinburgh: How the vice sex trade took off in the capital

The late Margaret 'Madam Moneybags' Paterson was eventually jailed after officers raided her home and discovered she was in charge of prostitutes across the country.

UNIVERSITY: An idea of excellence

A university is an academic institution of higher learning committed to disseminate and create knowledge, deliver quality education, work for national

Book timber smugglers under DMA: Darakhshan

Chairperson, Union Waqf Development Committee, Darakhshan Andrabi on Thursday appealed to J&K administration to take stern measures to stop “loot” of

Coronavirus deaths in US cross 1 lakh

The US has surpassed the grim milestone of over one lakh coronavirus-linked deaths, the highest in the world, as the COVID-19 pandemic wreaks havoc across

NZ FinMin Robertson: Economy is opening up and improving

New Zealand’s (NZ) Finance Minister Grant Robertson came out on the wires on Friday, via Reuters, noting that the economy is opening up and improving.

Are low-interest rates making you jittery? Consider P2P lending

Falling interest rate amid coronavirus crisis has impacted income of many investors who depended on debt instruments; those with surplus cash can consider peer-to-peer lending, which is attracting increasing interest from people willing to lend to those in need of short-term financing -- whether individuals or small businesses

Japan's Nishimura says Industrial Production is in severe condition

Japan's economy minister Yasutoshi Nishimura said a few minutes before press time that the country's industrial production is in severe condition, par

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

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

Lockdown 5.0: Full List of Activities Likely to be Permitted, Prohibited After May 31

Take a look at the complete list of activities that government might permit and prohibit after May 31

Ukraine's chief banker: Most of problems on labor market unrelated to COVID-19

The second cause is low productivity.

Binance USD (BUSD) Stablecoin Added to KyberSwap Exchange and other dApps based on Kyber Network

BUSD (Binance USD), a stablecoin pegged 1:1 with the US dollar, will be accessible via the KyberSwap exchange and other decentralized applications (dApps) and p

North American Fintech Firms have Better Access to Regulatory Sandboxes because of United-States-Mexico-Canada Free Trade Agreement: Report

More than $30 billion worth of transactions a year are carried out via the US-Mexico remittance corridor, which is notably one of the world’s largest cross-bo

Ole Gunnar Solskjaer 'reignites Man Utd's interest' in Jose Mourinho transfer target

Mourinho identified forward Pietro Pellegri as a big talent when the player was plying his trade at Genoa, before Monaco snapped him up for £21million

Jordan's FM speaks to counterparts, warns about sovereignty - Middle East

Jordan’s Foreign Minister, Ayman Safadi, reiterates importance of two-state solution in conversation with US and British counterparts.

New options at Natur’all

In April, Natur’all - Fresh Food Lovers, found at the Lagos and Aljezur Intermarché supermarkets, began to include grill options from their kitchen.

Country encouraged to buy Portuguese

A campaign has been launched to encourage the buying of Portuguese products to help boost the economy, complete with a seal of approval for national products.

China extends its anti-dumping investigation into Australian and Japanese chemical exports

According to Reuters, China announced that it extended its anti-dumping investigation into the Australian and Japanese chemical exports. more to come

Derivatives Data Shows That Even After 150% Rally, Bitcoin Is Far From Topping Out

Over the past few weeks, analysts have said Bitcoin is finally finding a local top.

Vietnam’s Development Strategy for Next Decade Must Put Productivity Growth Front and Center

A productivity-driven development model–combining innovation with balanced development and allocation of private, public, human and natural capital–will be key for Vietnam to achieve its goal of becoming a high-income economy by 2045, a new World Bank report suggests. The “Vibrant Vietnam: Forging the Foundation of a High-Income Economy” report, launched today, comes as the Government […]

Gold picks up a bid amid losses in the US stock futures

Gold, a traditional safe-haven asset, is drawing bids as the US stock futures are signaling risk aversion. The yellow metal is trading at $1,720 at pr

Five richest Australians revealed

Surging iron ore prices and a tech sector winning from the work-at-home revolution sees former No. 1 Rich Lister Anthony Pratt bumped from the top five.

CBA says crisis reinforces its X15 mission to create new start-ups

CBA has rolled its Credit Savvy business into X15 and will host a hackathon in July to identify new ideas and entrepreneurs.

World Bank suggests possible extra replenishment of IDA lending arm

WASHINGTON, May 29 ― World Bank President David Malpass yesterday suggested the Bank and donor countries should explore a possible supplemental replenishment of the International Development Association (IDA) concessional lending arm if the coronavirus crisis deepens. In a letter to US and...

Ringgit opens higher against US dollar

KUALA LUMPUR, May 29 ― The ringgit strengthened against the US dollar in early session today on an overnight recovery of oil prices but investors are cautious by a possible escalation of the United States (US)-China trade war risk, said an analyst. At 9.08am today, the local note was quoted at...

Industry chorus: Package not much help, govt must do the heavy lifting

The survey was conducted after the latest round of easing, and the respondents included large companies, regional trade bodies, and also some small and medium enterprises across the manufacturing and services sectors.

5G Networks and COVID-19: Any link? - The Nation Nigeria

Attracting my attention presently, is the debate on possible link of the Fifth-Generation Communication Networks (5G) to the COVID-19...

Let’s tell this story properly - The Nation Nigeria

Today is the anniversary of many a governor and President Muhammadu Buhari. It marks the fifth anniversary of the president and marks either the first...

Emission Reduction Credits

An appeals court in California reversed a determination that the Bay Area Air Quality Management District Hearing Board applied the wrong standard of review when it upheld a calculation awarding Valero fewer emission reduction credits than it had anticipated after upgrading a refinery. 

Nanoscope received NIH grant to advance ultrafast laser-based gene delivery to the retina

The Nanoscope team has developed Multi-Characteristic Opsins to sensitize cells toward low level of white light so that vision is improved at ambient room light.

Paytm Mall in talks for Grofers stake as SoftBank pushes for consolidation

Online retailer Paytm Mall has held talks with e-grocer Grofers for a potential investment, multiple people in the know told ET, adding that the ongoing discussions may even lead to a merger.

2020 Land Rover Discovery Sport long-term review: Introduction

The Disco Sport has all the makings to facilitate the lifestyle of a young, adventurous family. We’re going to put it through its paces in the long term to see if it meets the brief.

Number of South Korean budget phone users continues to fall in March

The number of budget smartphone users in South Korea continued to drop in March with its market share threatening to sink below the 10-percent mark, data showed Friday. Local subscribers to so-called mobile virtual network operators (MVNOs) numbered 7.61 million as of the end of March, down 0.6 percent from the previous month, according to the data from the Ministry of Science and ICT. MVNOs rent networks from the ...

Japan’s Aso: Fiscal situation will deteriorate further ahead as tax revenue will likely decline

Speaking to reporters on Friday, Japanese Finance Minister Taro Aso said that the country’s fiscal situation will deteriorate further ahead as tax rev

USD/IDR Price News: Indonesian Rupiah remains flat despite central bank's bullish comments

The Indonesian rupiah is trading in the sideways manner around 14,760 at press time. The currency has been restricted to a narrow range of 14,740-14,7

Costa Group CEO Harry Debney to bow out

After a volatile decade including a public float in 2015, a profit wipeout in 2019 and steady navigation through COVID-19, the boss is departing.

7-Eleven books higher Q1 profit despite Covid-19 pandemic

KUALA LUMPUR, May 29 — Convenience store chain 7-Eleven Malaysia has reported higher sales for the first quarter of 2020 by RM619.3 million, or 6.1 per cent overall. Chief executive officer Colin Harvey said sales increased by RM35.6 million in the quarter, with the same-store sales up 1.9 per...

Amirudin’s pol-sec dismisses claims of secret meeting between Selangor MB and home minister, Azmin

SHAH ALAM, May 29 — There was no secret meeting between Selangor Mentri Besar Datuk Seri Amirudin Shari and Senior Minister cum Minister of International Trade and Industry Datuk Seri Mohamed Azmin Ali and Home Minister Datuk Seri Hamzah Zainuddin yesterday. This was confirmed by the mentri...

Ondo teachers get N47.6m car loan - The Nation

Primary school teachers in Ondo State on Thursday received cheques for car loan worth N47.6m.The car loan was given to the teachers..

Australian clothing retailer PAS Group enters voluntary administration

Australian clothing retailer PAS Group Ltd on Friday said it had entered voluntary administration to review its operations, citing the tough financial market conditions and the crisis caused by the coronavirus pandemic.

PARTLY FALSE: First Philippine Holdings 'made P24.6B profit, but only paid P10M income tax'

The P10 million that First Philippine Holdings Corporation paid in income tax is part of a total of P5.175 billion in income taxes that the company and its subsidiaries paid in 2019

Outlook & trading strategies for Silver, crude oil by Tradebulls Securities

The outperformance in Silver is because it could benefit from optimism about increased industrial demand as economies reopen following the COVID-19 pandemic

Renault To Cut Nearly 15,000 Jobs, Alpine A110 Future In Doubt

Renault's plan is to save in excess of €2 billion over three years. It involves reconverting the Dieppe plant at the end of the Alpine A110's production.

Here's a derivative strategy on Tata Motors by HDFC Securities

Long build up was seen in the Tata Motor Futures' on Thursday where we have seen 67% (Prov) rise in the Open Interest with price moving up by 2.9%.

Nifty view & stock calls by Nilesh Jain of Anand Rathi: Buy Titan, HCL Tech

If Nifty is unable to surpass its previous swing high of 9584.5, we can expect profit booking at higher levels

Co Tyrone teenager's tadpole growing proves to be TikTok hit

A CO Tyrone teenager has taken a novel approach to fulfilling her lockdown time by growing thousands of tadpoles.

Number of FDI projects in Northern Ireland fell last year, but report finds US investors largely unfazed by Brexit

THE number of foreign direct projects in Northern Ireland fell by 15 per cent last year, but a new survey from EY suggests overseas investment should remain relatively resilient despite the impact from coronavirus.

'Hamari Bahu Silk' actor Manas Shah in financial crisis

TV actor Manas Shah is going through a rough phase financially and has had to sell off his car because he hasn't been paid for his last show "Hamari Bahu Silk". "This is the first time that I'm facing such a challenging situation. I'm facing a big financial crisis. I had to sell my car for survival. I also had to leave my rented house and shift with my cousin in Lokhandwala," he said.

Trust demands new "lease of life" for historic Derry hall

THERE have been calls to find a new use for a Derry venue that has played host to suffragette Emmeline Pankhurst, former President Eamon De Valera and some of the biggest names in entertainment in the last 120 years.

Mubadala Investment Company eyes stake in Jio Platforms: Source

Abu Dhabi-based sovereign investor Mubadala Investment Company is in discussions to invest in Reliance Industries' digital unit Jio Platforms, a source said.

Why Remote Work Is So Hard -- and How It Can Be Fixed

Cal Newport, writing at the New Yorker: Technological transitions often stumble when we expect them to sprint. In 1989, the Stanford economist Paul David wanted to understand why so many companies were so slow to adopt computer technology; for historical perspective, he turned to the history of the ...

Mumbai: ENTs perform endoscopic surgery on 8-year-old boy to remove coin stuck in food pipe

Las Vegas caregiver accused of stealing $9K from 81-year-old

Jaugust Milligan, 29, faces charges of using a credit or debit card without consent and exploiting an old or vulnerable person for more than $5,000, court records show.

The TV commercial, once advertising’s main event, suffers in the pandemic

Before the coronavirus pandemic, the TV networks were expecting a strong 2020. The presidential election and Tokyo Olympics would keep people watching, and companies would spend more than usual on commercial time.

Brazilian researchers design low-cost mechanical ventilators

A group of researchers at the University of São Paulo's Engineering School (POLI-USP) in Brazil have developed a mechanical ventilator that costs only approximately 7% as much as a conventional ventilator.

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

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

With no immediate solution in sight, India matches China in terms of man power, resources

Even as the Prime Minister's top men oversee the developments along the Line of Actual Control, there is still no change in the ground, with the standoff between India and China continuing.

Let’s speed up digital change at banks

There is space available for digital-enabled SME-focused entities to make headway

GitHub warns Java developers of new malware poisoning NetBeans projects | ZDNet

The malware's end goal was to install a remote access trojan and grant hackers access to highly sensitive workstations were sensitive projects were being developed.

Singapore to establish AI framework for 'fairness' credit scoring metrics | ZDNet

Monetary Authority of Singapore tasks two teams, comprising banks and artificial intelligence industry players, to develop metrics that ensure the "responsible use of AI" for credit risk scoring and customer marketing.

4 Alternative Sleep Cycles That Can Add Extra Hours to Your Week

Monophasic sleep seems to be the most popular type of sleep. But there are actually a few more ways you could distribute your rest time and make it fit your schedule and your body clock. For example, a siesta is very common in some countries, like Spain and Mexico. And that kind of sleep schedule is biphasic, because there are 2 sleep periods — a long one at night and a short one during the day.

Don't Go All Negative On Me

Given the current state of the U.S. economy and the prior dislocations in the money and bond markets, there has been an increasing amount of chatter regarding w

ViacomCBS slashes up to 400 jobs as part of merger restructuring: source

ViacomCBS Inc is cutting up to 400 employees across CBS as part of its plan to save US$750 million from its merger with CBS, a source familiar ...

U.S. Stock Market Regains Lead As Top Global Performer For 2020

The leadership switch knocked China's equity market to second place at the close of trading in the U.S. on Wednesday, May 27. After leading SPY on a year-to-dat

LATAM's bankruptcy filing to delay its Brazil bailout to at least July: sources

LATAM Airlines Group's U.S. bankruptcy filing this week will delay its potential bailout in Brazil to at least July and also push back aid to its ...

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

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

Italy's credit agency SACE approves state guarantees for FCA US$7 billion bank loan: source

The board of Italy's export credit agency SACE has approved state guarantees covering 80per cent of a 6.3 billion euro (US$7 billion) bank loan ...

France opposed guidelines on EU presidency sponsorships

Internal document shows diplomats questioned whether the secretariat of the Council of the EU was legally allowed to write guidelines on the financing of the six-month rotating EU presidency activities.

Costco Wholesale revenue rises 7.3per cent on coronavirus-induced stockpiling

Warehouse club operator Costco Wholesale Corp reported a 7.3per cent increase in quarterly revenue on Thursday, as people stocked up on ...

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

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

Crude Oil Futures: Further gains not ruled out

According to preliminary readings of crude oil futures markets from CME Group, open interest and volume rose by around 4.6K contracts and by nearly 45

New heat seam machine for sealing PPEs launched

At a time when the country was battling the spread the coronavirus pandemic, which has affected the economy, three garment firms in Tiruppur along with an engineering industry have come up with a new heat seam sealing machine used for sealing PPE units under Prime Minister Narendra Modi's Atma Nirbhar scheme. Continue Reading →

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

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

How our very richest tripled their fortunes in a decade

Two macro themes have helped to deliver an extraordinary jump in the fortunes of our richest Australians.  

Mayfair 101 fund's prize asset under a cloud

Receivers of Mayfair 101's IPO Wealth Fund are questioning a deal involving its largest investment, a stake in Indian software venture Accloud.

Origin turns to gaming to fend off disruption

Origin Energy has teamed up with a computer game platform to offer customers rewards, one of several innovation strategies to keep ahead of a rapidly changing market.

Royal Welsh Show counts cost of coronavirus shutdown

The Royal Welsh Show could take five years to recover from the financial hit of coronavirus, organisers have said.

Planned Tasley garden village could include doctors' surgery

A proposed garden village development near Bridgnorth could contain a small doctors' surgery.

Poker day paid tribute to tragic Perth youngster Ava (8) and raised thousands for a worthy cause

Ava Soutar died in February after contracting meningitis.

France opposed guidelines on EU presidency sponsorships

Internal document shows diplomats questioned whether the secretariat of the Council of the EU was legally allowed to write guidelines on the financing of the six-month rotating EU presidency activities.

Tinder adds ‘Prompts’ to help you get chatting

We've all not done anything interesting to talk about recently so let the app help get things started

Nissan falls behind rivals in industry's critical transitional period

Nissan Motor Co.'s business downturn may be causing a costly delay in the global race toward new mobility technologies, analysts say.

China-led AIIB approves $750-million loan for PH's virus response

The loan from the Beijing-based multilateral lender will be used to increase the Philippines' testing capacity and provide conditional cash transfers to poor households

Former MVP Enchong Dee, Lady Spikers lead La Salle fund drive

Past and present La Salle athletes team up to help vulnerable communities amid the pandemic

OnePlus and Fortnite collaborate to bring new game modes in Creative Island

Fortnite, one of the most popular games in the market, is partnering with the known smartphone vendor OnePlus. The collaboration will bring a new game mode to Epic Game‘s battle royale. The new Creative Island is a part of Fortnite’s in-game Creative mode. The new game mode within the game will allow players to test …

Android 11 Beta launch event will be live streamed on June 3rd

Google I/O, the technology giant’s annual developers conference, has been canceled this year because of the on-going COVID-19 pandemic. Thus, the company has decided to have an exclusive launch event for the upcoming major Android version — Android 11. The company will be hosting a launch event on 3rd June for the Android 11 Beta …

Vande Bharat Phase II: MEA ropes in private airlines, opens land borders

The MEA spokesperson said as of today, 45,216 Indians have returned. These include 8,069 migrant workers, 7,656 students and 5,107 professionals

Flight searches and bookings remain down overall, however positive signals are there

With our access to real-time traveller audiences and unmatched visibility into global travel demand, we’re in a unique position to share the current travel trends at the forefront of marketers’ minds. In this blog series, we’ll take a look at the data in order to aid travel marketers in their assessment of this worldwide event. They can use these trends to inform their marketing strategies during this period and be prepared for the recovery once the situation stabilises. These insights are

Global DMC Partners releases latest Meetings & Events survey results

WASHINGTON, D.C. – Global DMC Partners (GDP), a leading global network of independently owned destination management companies (DMCs) and creative event experts, announced the results of its most recent Meetings & Events Pulse Survey, focusing on the widespread impact of the COVID-19 global pandemic to the MICE industry. Conducted April 27 through May 4, 2020, the survey polled 374 respondents from the meetings and events industry. Of these, 93 percent were planners versus vendors or suppliers. While the survey touched

UNWTO launches global guidelines to reopen tourism

The World Tourism Organization (UNWTO) has released a set of guidelines to help tourism sector emerge stronger and more sustainably from COVID-19. The guidelines highlight the need to act decisively, to restore confidence and, as UNWTO strengthens its partnership with Google, to embrace innovation and the digital transformation of global tourism. The guidelines were produced in consultation with the Global Tourism Crisis Committee and aim to support governments and private sector to recover from an unparalleled crisis. Depending on when travel

Four closed Derbyshire railway stations could be set to reopen

They're on the Chesterfield to Sheffield line

Check out the People Mover (not monorail) coming to Bangkok

Automated people movers designed in Canada and built in China will soon arrive to whisk passengers between commercial developments on the Chao Phraya River The first of several Bombardier Innovia APM300s will arrive next month to service the Gold...

Pricing! Fiat SA adds new Fullback 2,4Di-D 4x2 AT to double-cab range

Fiat South Africa has quietly expanded its Fullback double-cab range with the addition of a new 2,4Di-D 4x2 AT derivative.

Why it’s important to get back to basics and learn to walk (properly) again

Respect your body’s design and walk your way to fitness, creativity and mental health

Virus taking hold in rural, old plantation region of Alabama

HAYNEVILLE, Ala. — Sparsely populated Lowndes County, deep in Alabama’s old plantation country, has the sad distinction of having both the state’s highest rate of COVID-19 cases and its worst unemployment rate.

SKT to develop AI-based post-production platform

SK Telecom said Friday it plans to develop an artificial intelligence-based post-production platform to help local firms to export cultural content products abroad. The South Korean telecommunications firm said it has signed a memorandum of understanding with local post-production firm New ID to collaborate on the project. “The latest partnership deal will meet increased foreign demand for Korea’s cult...

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

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

Cabinet to discuss omnibus bill on Brexit

Tánaiste Simon Coveney will bring a memo to Cabinet today on Brexit which maps out how the Government should deal with the continuing uncertainty surrounding the UK's future trading relationship with the European Union.

Karnataka: No test if you are in institutional isolation for 7 days and show no symptoms

Any person who has completed seven days of institutional quarantine will undergo a medical check-up and will be sent for seven days of home quarantine. “If the person develops symptoms during home quarantine, health department staff will guide her to the hospital,” education minister S Suresh Kumar said in Covid-19 briefing on Thursday.

Wipro appoints Deepak M Satwalekar to its Board of Directors

Deepak M ​​Satwalekar has been the Managing Director of HDFC Ltd and subsequently the Managing Director and CEO of HDFC Standard Life Insurance Co. Ltd. He has also been a consultant to the World Bank, the Asian Development Bank, the United States Agency for International Development (USAID) and the United Nations Human Settlements Programme (UN-HABITAT), the statement said.

Indian IT eyes captives as global companies rejig operations

Global companies look to outsource work to large services firms to offset demand slowdown.

Coronavirus cash boost for Dudley transport workers

Transport workers will see their coronavirus funding quadrupled after council bosses backed down in a pay row.

Aussie credit growth screams deleveraging

Via the excellent Damien Boey at Credit Suisse:

Row over buffer zone around housing development near ancient woodland

A village resident has accused a council of threatening ancient woodland near Market Drayton in a bid to build dozens of homes.

Abiodun: covenant-keeping reformer at 60 - The Nation Nigeria

His mastery of the art of governance is already manifesting in his infrastructural development programmes with the establishment of Ogun State Public...

Seplat targets more acquisitions as shareholders get $59m dividends

Seplat Petroleum Development Company Plc remains a resilient business with strong balance sheet to acquire more oil and gas assets and ensure sustainable...

Reveal Group is First and Only Partner to Achieve Blue Prism "Double Platinum" Capability Certification

Company Sets New Standard for Intelligent Automation Delivery CapabilitiesNEW YORK & SYDNEY — Reveal Group, a global leader in Robotic Process Automation (RPA) and Intelligent Automation deployments, today announced that it has been recognized by Blue Prism (AIM: PRSM) as the first and only certified Double Platinum Capability and Delivery Provider in the world.

Stimulus Checks Fuel U.S. Retail Sales but Global Picture Remains Dim

Consumers new to online shopping are helping to drive sales.

Stress induced arthritis: Know how to deal with it naturally

Stress contributes significantly to the development of autoimmune diseases like rheumatoid arthritis. Know how to deal with this condition.

China's global influence to rise post-pandemic: European scholars

German expert warns US withdrawal from WHO will hand over more power to China

New test may help detect prostate cancer earlier and with greater accuracy

A new type of test that uses complex sugars to detect prostate cancer earlier and with greater accuracy is being developed by researchers at the University of Birmingham.

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

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

Czech Billionaire Bets Big on Industries Other Investors Avoid

Daniel Kretinsky's latest contrarian move: U.S. retailers.

Brookfield re-enters race for Virgin with surprise bid

It remains unclear how Brookfield's 11th-hour pitch will affect the rest of the process, which will see the administrators reduce the bidders to just two.

CBN forecasts slower growth, reduces lending rate to 12.5%

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

NCDC cries out as rapid test kits black market rises

• FG to use hotels, schools as quarantine, isolation centres • Hospitals’ refusal to treat patients leads to more deaths – FG Kamarudeen Ogundele, Olaleye Aluko and Tobi Aworinde The Presidentia...

Terengganu now a green zone after final Covid-19 patient discharged

KUALA TERENGGANU, May 29 — Terengganu is now free of Covid-19 and has been categorised as green zone, said state Health Director Dr Nor Azimi Yunus. He said this follows current developments of Covid-19 in the state, with the last positive patient discharged from hospital on Wednesday. He added...

Software Bug In Bombardier Airliner Made Planes Turn the Wrong Way

An anonymous reader quotes a report from The Register: A very specific software bug made airliners turn the wrong way if their pilots adjusted a pre-set altitude limit. The bug, discovered on Bombardier CRJ-200 aircraft fitted with Rockwell Collins Aerospace-made flight management systems (FMSes), l...

Brazil wants India to step up ethanol production to ‘balance’ world sugar market

Last year, by producing more ethanol, we took away 10 mt of sugar from the world market, but for which it would have collapsed,” Eduardo Leão de Sousa said in an interview to The Indian Express.

iPhone SE 2020 review: Completely changing the value conversation

The iPhone SE is one of the best phones you'll find for under $500 in 2020. With the latest A13 Bionic chipset and a compact form factor as well as great cameras, the iPhone SE has plenty going for it. Find out if you should make the switch from Android.

China, India soak up oil from floating storage as demand recovers

A total of 3.4 million tonnes of crude oil was discharged from floating storage into Asian markets in the past seven days, with China the top destination at 1.8 million tonnes and India second at 842,679 tonnes.

Google considering taking stake in Vodafone Idea: Report

A deal with Google could be a lifeline for Vodafone Idea, which owes as much as Rs 54,000 crore in adjusted gross revenue dues to the government.

Trains on their mind: Death of a mother at a railway station, a conversation in Heaven

PB Mehta writes: Mohandas Gandhi, Jawaharlal Nehru, Hansa Mehta, Rabindranath Tagore, Bhim Rao Ambedkar, Muhammad Ali Jinnah, Sri Aurobindo, Sarojini Naidu, Jayaprakash Narayan, Deendayal Upadhyaya are milling around. Narada shows up to needle them.

As it ramps up public healthcare, India must give more room to private sector

Only a healthy nation can grow. The COVID-19 pandemic has presented India with an opportunity. The Indian healthcare system can go through a radical overhauling, where it can be more sustainable as well as responsive.

Total FDI exceed $ 4180 million in nearly eight months: MIC

Yangon—In nearly eight months of the current fiscal year, the total Foreign Direct Investments have exceeded 4,180 million US dollars, according to the statement by the Myanmar Investment Commission (MIC).  A total of 13 foreign investments—four proposals and two approvals by the MIC, three approvals by Yangon Region Investment Committee and four by Bago Region Investment Committee. The FDI amounts to 735.696 million US dollars, creating 9,761 jobs for locals. 

Merkel Is Seizing Her Chance to Revolutionize Germany's Economy

(Bloomberg) — On a gloomy Friday in March, with the devastation of the coronavirus becoming clear, senior officials in Chancellor Angela Merkel’s government realized that extraordinary measures were needed to shore up Europe’s largest economy.

Givealittle page raises money for drought-stricken Hawke's Bay farmers

"There is a massive and critical lack of feed, and some farmers are in dire situations, mentally exhausted and trying to keep stock alive."

Global economy will not survive US-China tension

Both countries must work out their differences to avoid another world economic meltdown

Furla to Open New Plant, Introduce New Store Concept

The Italian accessories company has been streamlining its distribution and raising its positioning.

Cannabis Farming

A federal court in Washington dismissed a cannabis farming business’ claims against Chelan County relating to its moratorium on siting new cannabis businesses. Grandpa Bud, the cannabis farm, has not shown that the county did not have a legitimate interest in regulating cannabis production. 

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

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

Cancer, coronavirus are a dangerous mix, new studies find

New research shows how dangerous the coronavirus is for current and former cancer patients. Those who developed COVID-19 were much more likely to die within

The wealthy will be on governments' radars in COVID-19 response

Taxes will be an obvious route for governments, and so will appropriation, says Citi

Large heath butterflies return to Manchester after 150 years

Lancashire Wildlife Trust has brought the species back to peatlands following a local extinction in the 19th century

INTEL’s mysterious “unreleased” Core i5-7660X Skylake-X CPU has been spotted in China

In case you were not aware of, INTEL never officially released the Core i5-7660X Skylake-X CPU to the consumer market. 

telent and DGS installing world-class anti-drone system at major UK airport

BRISTOL, UK - telent, in collaboration with its technology partner Digital Global Systems (DGS), has agreed a three-year contract to install the CLEARKSY Drone Threat Management system at Bristol Airport, marking the first UK deployment of the system. The CLEARKSY Drone Threat Management system was developed by DGS in response to the rising threat of unauthorised drone usage at critical infrastructure sites, including airports. Its implementation at Bristol Airport, an international transport hub and one of the ten busiest airports in

Work from home set to become new norm for BPO sector

WESTERN BUREAU: Some of the leading developers of space in western Jamaica are now taking a wait-and-see attitude towards the COVID-19 sparked work-from-home (WFH) arrangement, which some outsourcing firms are expressing an interest in expanding....

Kia Motors to invest additional $54 million in Andhra plant despite COVID-19 pandemic

Kia had earlier said the company has a long-term commitment to the Indian market and invested USD 1.1 billion in the manufacturing plant at Anantapur

Next frontier in bacterial engineering

A new technique overcomes a serious hurdle in the field of bacterial design and engineering. Researchers develop method to identify proteins that enable highly efficient bacterial design. Approach has potential to boost efforts in bacterial design to tackle infectious diseases, bacterial drug resistance, environmental cleanup and more.

Scientists develop sorbent for purifying water from radioactive elements

Scientists from Far Eastern Federal University (FEFU) in collaboration with colleagues from the Institute of Chemistry FEB RAS come up with a smart technology for the synthesis of sorbent based on a ''tungsten bronze'' compound powder (Na2WO4) aimed to purify industrial and drinking water from hazardous radionuclides cesium (137Cs), and strontium (90Sr), as well as for effective processing of liquid radioactive waste. A related article appears in the Journal of Materials Science.

Vision: Observing the world during childhood affects the rest of life

Much of what we will be as adults depends on the first years of life, on what we simply observe happening around us and not only on what we are taught explicitly. This also applies to the development of the visual system, according to a new SISSA study that, for the first time, has experimentally shown the importance of passive visual experience. The research, published on Science Advances, has also potential clinical and technological implications.

LETTER: Nellis officials not doing retirees any favors

They need to give us credit for being responsible and permit access to benefits we’ve earned.

Uhuru Signs Into Law Education Curriculum Changes

President Uhuru Kenyatta signed into law the proposed changes in the education curriculum, which stipulate that...

Ireland stands to benefit in a big way from investing in public transport

John FitzGerald: Good public transport improves quality of life and lowers greenhouse gases

[Newsmaker] BTS label Big Hit gears for IPO

The South Korean music label behind K-pop sensation BTS has filed for a preliminary review for an initial public offering, according to the nation’s stock market operator Korea Exchange (KRX) on Friday. Founded in 2005 by music producer Bang Si-hyuk, Big Hit Entertainment houses BTS and other K-pop singers and bands, including Lee Hyun and Tomorrow X Together. Bang, who serves as the entertainment firm’...

Water market may not be 'good thing for the country', Basin chief says

The Murray Darling Basin Authority chief says water markets favour high-margin crops over traditional industries at the cost of regional communities.

Three game-changing ideas for our post-pandemic world

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

Will London’s newest skyscraper become a monument to the market peak?

Demand across the sector has plummeted as businesses look to cut costs and rethink how staff work

US graduates in crisis: ‘Entry level jobs are not safe at all’ | Free to read

Economists warn downturn could reshape the lives of American youth for decades to come

BBVA calls for easing of coronavirus restrictions

Spanish bank’s chairman Carlos Torres says move is needed to kick-start economy

Keen versus Gurner to distract Switzer investors

Bloody Switzer won’t leave poor Steven Keen alone:

Indian Fintech U GRO Capital Partners Global Value Creation Partners to Offer Better Online Lending Services to SMEs

Indian Fintech U GRO Capital, an online lending platform for SMEs, has teamed up with Global Value Creation Partners (GVCP), in order to provide better financin

Business Live: Indian shares fall ahead of GDP data; Vodafone jumps

Updates from the world of economy, markets, and finance

Most Iwate 3/11 memorials canceled, with next year’s under threat

Charity events and victim support projects put on hold due to coronavirus pandemic.

SportSG announces $3m digital scheme

With the sports and fitness industry still largely shuttered, the fraternity was given a boost yesterday as Sport Singapore (SportSG) announced a new programme to help them go digital. The $3 million Enterprise Innovation and Capability Grant was rolled out by Minister for...

Top biz headlines: Corona warriors for markets, Jet gets 7 new EoIs, & more

Here are the top 10 headlines on Friday morning

Lack of adequate funds, labour among challenges faced by projects in India: Survey

Promoters in the Indian projects fraternity find getting adequate funds at reasonable interest, finding labourers matching the skills of those who have left for their hometown.

How Will Africa Fare After COVID-19? By Haleed Sulemana

The African Free Trade Area Agreement (AfCFTA) that would see African countries trade within its borders without priority to Western countries should be fast-tracked and made operational. This will allow the African Union and other African sectors to easily assert their agency globally.

Dodge Challenger Sets Sail In Florida, Promptly Sinks

While a picture is worth a thousand words, every once in a while, there comes an image that just leaves us ...

Lynas forced to defend disclosure on US military funding

Amanda Lacaze-led Lynas knew the US Department of Department process was on hold in April but she did not alert the market until May 22.

Frydenberg talks markets to US Treasury secretary

Treasurer Josh Frydenberg has spoken to US Treasury secretary Steven Mnuchin about the rebound in equity markets and the stabilisation of credit markets.

Sustainable Water Technologies Meet Consumer Demands

At one point in time, the water treatment industry was largely novel and unknown to the consumer market. However, as our society in the new decade grows more

Island Community Installs Solar-Powered Reverse Osmosis

Crowds of people lined up to stock up on water, abandoned swimming pools and dried-up dams. In spring 2018, such images from Cape Town, South Africa, splashed

Zupco bus deal a hot potato in Zimbabwe govt circles

CABINET ministers were evasive this week after being asked to explain the details of a murky deal between the government and Landela Investments (Pvt) Ltd, a company linked to President Emmerson Mnangagwa’s adviser Kuda Tagwirei. The company is raking in millions of dollars in taxpayer funds for buses bought on credit in China and now being sold to a state-owned company at inflated prices.

Zimbabwe Finance Minister threatened to resign from Govt over Mutodi

FOREIGN Affairs and International Trade Minister Sibusiso Busi Moyo confronted President Emmerson Mnangagwa and threatened to hand in his resignation from Cabinet unless loudmouth Energy Mutodi was sacked from Government, a leading weekly publication has revealed.

Finance Ministry statement on controversial Covid-19 tender

PERMANENT Secretary in the Ministry of Finance and Economic Development, George Guvamatanga, has been in the eye of a storm amid reports he authored a letter to the Health Ministry pushing for the payment of funds to suppliers of Covid-19 equipment.

Muhammadu Buhari: The Grave And Its Saving Ghosts -(Part One) By Dr Bolaji O. Akinyemi

The past 5 years of Mohammadu Buhari Presidency on the platform of All Progressive Congress, APC has not been different from his 5 years with APC; Afri-Project Consortium's handling of the Petroleum Trust Fund projects, while the North is made better that he met it. The South is made worse and groans under the yoke of deprivation.

Bon Iver Helps Donate $30,000 to George Floyd Memorial Fund & More Racial Equality Organizations

Bon Iver joined the national outrage over the unlawful death of George Floyd

Just Cause developer Avalanche is opening a new UK studio

Just Cause developer Avalanche Studios is opening a new studio in the UK city of Liverpool. The Swedish developer-publisher, which also worked on Mad Max and

The Witcher franchise has crossed 50 million sales

The Witcher franchise has sold over 50 million copies worldwide, according to the latest figures from developer CD Projekt Red. The Witcher 3 is responsible for a huge chunk of those sales, with the popular RPG having sold over 20 million copies as of June 2019.

108 jobs on line in Tower proposal

Tower says it will aim to cut costs by $7.2 million per year which includes a proposal for 108 redundancies. The NZX-listed insurer announced the...

Running for fitness becomes global goal

A Christchurch Hospital physiotherapist's desire to “lose a few pounds” after university has taken him all around the world one fast footstep at a...

Wage subsidy auditing figures only collected quarterly - MSD

Government ministers are not receiving up to date figures on breaches of the $10 billion wage subsidy scheme, and one Minister's office says "it's...

Poynting webinar – Taking Fixed Wireless Access from bits to bytes

On 3 June Poynting Antennas is hosting a webinar where they will discuss how Fixed Wireless Access, using outdoor antennas, can save a Mobile Network Operator (MNO) money.

Defend your hard-earned savings with Revix’s tokenised gold promotion

Invest in tokenised physical gold without any risk.

Awesome tech deals from Takealot and Incredible Connection

Here are the best tech deals this week.

First Latina US senator withdraws name from Biden's running mate list

LOS ANGELES, May 29 — Democrat Catherine Cortez Masto of Nevada, the first Latina elected to the US Senate, said yesterday she is not interested in being Joe Biden's running mate in November's presidential election. “I support Joe Biden 100 per cent and will work tirelessly to help get him...

'Not one rupee has come to states to fight COVID'

'Not one rupee has come to states to fight COVID'. 'The stimulus packages, sector reliefs, loans etc are coming to industry, but state governments have not got any money from GST, no money from excise, no money from any income source.'

COVID-19: No Shaking Of Hands, Hugging In Religious Centres, Ondo Government Tells Worshipers After Lifting Ban

He noted that part of the rules considered for the reopening of worship centres was for people to avoid hugging, hand shake and holding of hands during prayers.

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

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

ADB Approves $400 Million Loan to Support Philippines’ Capital Market Development

The Asian Development Bank (ADB) has approved a $400 million policy-based loan to support the Philippine government’s efforts to strengthen domestic capital markets and reach its development goals of high, sustained economic growth and poverty reduction. The Support to Capital Market-Generated Infrastructure Financing Program, subprogram 1, aims to address key constraints that have limited the […]

Days from launch, Fed officials eye 'Main Street' program expansion

Days from launch, Fed officials eye 'Main Street' program expansion

Wells Fargo reveals new risk management structure

Wells Fargo reveals new risk management structure

Stocks - Wall Street Slips as U.S. Consumer Wobbles; Trump's China Speech Eyed

Stocks - Wall Street Slips as U.S. Consumer Wobbles; Trump's China Speech Eyed

Sale of shut Philly refinery to real estate developer delayed

Sale of shut Philly refinery to real estate developer delayed

Point/Counterpoint: Value Vs. Growth

Point/Counterpoint: Value Vs. Growth

German regulator examines stock trades by Wirecard CEO

German regulator examines stock trades by Wirecard CEO

Chile jobless rate hits 9% during pandemic, highest in decade

Chile jobless rate hits 9% during pandemic, highest in decade

Brazil GDP to fall 5% or more this year: central bank chief Campos Neto

Brazil GDP to fall 5% or more this year: central bank chief Campos Neto

S&P 500 up in choppy action after Trump comments on China

S&P 500 up in choppy action after Trump comments on China

Ukraine expecting $5 billion IMF loan approval and initial payout next week: PM

Ukraine expecting $5 billion IMF loan approval and initial payout next week: PM

Bank of Canada to hold rates at 0.25% through end of next year: Reuters poll

Bank of Canada to hold rates at 0.25% through end of next year: Reuters poll

Japan's consumer mood higher in May but still 'extremely severe': government

Japan's consumer mood higher in May but still 'extremely severe': government

Gold Up on Back of Mounting U.S.-China Tension

Gold Up on Back of Mounting U.S.-China Tension

In rescue effort, Fed has broad stake in corporate America's fortunes

In rescue effort, Fed has broad stake in corporate America's fortunes

Southwest plans full flight schedule at OIA

ONTARIO – (INT) – Southwest Airlines, which accounts for half of Ontario International Airport’s commercial flights, says it will return to a full flight schedule by the end of the year. “This is great news for the aviation industry at a time when all of us need good news,” said Mark Thorpe, chief executive officer of the Ontario International Airport Authority. “The coronavirus pandemic led to decreases in passenger volumes by 90% or more virtually overnight and caused many to question whether recovery would come within years, much less months.” In addition, Southwest says it will initiate new, non-stop service between Ontario and Houston on November 1st.

Holness upbeat after global leaders commit to united front against COVID-19

Prime Minister Andrew Holness has applauded global leaders and multilateral institutions ...

Jamaica’s Vision 2030 plan under review

THE Government has commenced work to review and revise the requisite strategic actions fo...

Day Trading Guide for May 29, 2020

₹945 • HDFC Bank S1S2R1R2COMMENT 930913960975 Make use of intra-day dips to buy the stock while retaining a stop-loss at ₹930 levels ₹707 • Infosys S1S2R1R2COMMENT 695685715725 Initiate fresh long

Immunity Passports Are a Threat to Our Privacy and Information Security

With states beginning to ease shelter-in-place restrictions, the conversation on COVID-19 has turned to questions of when and how we can return to work, take kids to school, or plan air

Govt must not lose OFWs’ trust, faith

"The aggravation makes no sense at all to me. It’s double jeopardy."   It’s been five days since President Duterte issued yet again another ultimatum – this time for the release of thousands of repatriated overseas Filipino workers (OFWs) from quarantine in Metro Manila and the suburbs.

Ending lockdown

"The economy went dead. It has to be revived."     On Monday, June 1, 2020, most Filipinos will enjoy the benefits of relative freedom. June 1 is the first day after Asia’s strictest and the world’s longest lockdown ends, on May 31.

European stocks rise for fourth day on healthcare bounce

FRANKFURT, May 29 ― European shares rose for a fourth straight session yesterday, as optimism over businesses returning to work and stimulus for the battered euro zone economy outweighed rising US-China tensions. The pan-European STOXX 600 index rose 1.6 per cent to hit an 11-week high, with...

UK property firm Rightmove sees record website views as market picks up

UK property firm Rightmove sees record website views as market picks up

FTSE 100 up as AstraZeneca, GSK climb on vaccine hopes

LONDON, May 29 ― UK shares ended higher yesterday, helped by drugmakers AstraZeneca and GSK as markets looked for more progress in the development of a Covid-19 vaccine, while optimism over the reopening of the economy persisted. The blue-chip FTSE 100 rose another 1.2 per cent after ending...

‘PM has hands on nuclear button, yet can’t be trusted to appoint judges?’

NEW DELHI: Union Law Minister Ravi Shankar Prasad, making an observation on the Supreme Court Collegium system, said the Prime Minister has his finger on the nuclear button, "but the Prime Minister assisted by the Law Minister cannot be trusted to ap

Middle East rich most cautious after oil plunge, COVID-19 crisis: Barclays

Haider said risk sentiment was also down in Russia, another oil-rich economy, while appetite was subdued in India.

Cisco to acquire software firm ThousandEyes

The deal is worth nearly $1 billion, Bloomberg reported earlier, citing sources.

Exclusive | PE firm ChrysCapital to buy out Capital International's stake in Intas Pharmaceuticals

Capital International wanted to exit the firm because its parent Capital Group is looking to shift focus away from the private equity vertical.

China's Geely raises $836 million from share sale

Hong Kong-based Geely has sold 600 million primary shares at the bottom of the HK$10.80-HK$11.20 ($1.39-$1.44) price range, or at a 7.85% discount to the last closing price of HK$11.72, according to its release.

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

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

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

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

'In battle between actual and perceived risk, gold to remain directionless'

A substantial correction in gold will only be seen when investors chose to exit the metal.

Investors can participate in NIIT Tech share buyback through these 2 strategies

Given, the stock to perform well going ahead owing to increase in the order inflows & strong growth outlook, arbitrage benefit of 15-20 percent can be achieved easily in one month as on closing price (Rs 1,473).

Bombay HC notices on plea over cancellation of airport project award

As per the plea, Multi-modal International Cargo Hub and Airport at Nagpur (MIHAN), a joint venture company between Maharashtra Airport Development Company and Airports Authority of India (AAI), is now planning on issuing fresh tenders for the project.

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

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

Slideshow | Gainers & Losers: 10 stocks that moved the most on May 29

Among sectors, except IT other indices ended in the green. BSE Midcap and Smallcap indices rose between 1-2 percent.

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

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

Dilip Buildcon raises Rs 100 crore through NCDs

Highways builder Dilip Buildcon on Friday said it has raised Rs 100 crore through allotment of NCDs on a private placement basis. The company said it has allotted 1,000 Non Convertible Debentures (NCDs) of face value of Rs 10 lakh each.

Here's the list of outperforming stocks rising most since lockdown

Eight leading promoter-controlled business houses have emerged as the new Corona warriors for the stock market

Paris-based Neobrain snaps up €3 million to support employees during change

French HRtech startup Neobrain, which uses AI to support organisations and people during times of change and crisis, has secured €3 million of investment from French venture capital firm Breega. The startup will use the funds to expand internationally, grow its team and conduct more research on the

Sardinia-based IntendiMe raises €2.3 million for its hearing technology

Italian startup IntendiMe, which has created technologies for the deaf and hard of hearing, has closed a round of €2.3 million. The round was led by VV3TT (Vertis Venture 3 Technology Transfer), a venture capital fund focusing on technology transfer, which is managed by Vertis SGR and advised by Ven

Covid-19 crisis and India’s next government

The Covid crisis has politicised a new crop of leaders who are young, smart, and committed to the country

Tracking Covid-19: Govt must add more features to drive Aarogya Setu adoption

Making Aarogya Setu open-source great for building trust, but the govt must add more features to drive adoption

A PIL to shorten the road to medical care

Filed before the HC, the PIL raises the issue of massive shortage of ambulances; patients resorting to private players as city has only 93 BMC ambulances

IRCTC upgrades system for refunds into bank accounts

The Indian Railway Catering and Tourism Corporation (IRCTC) has upgraded its system to facilitate credit of ticket refunds into bank accounts of passengers who had booked through authorised agents before the lockdown.

Coronavirus pandemic | Maharashtra to give Rs 50 lakh insurance cover to frontline workers: Deputy CM Ajit Pawar

Pawar, who is also finance minister, said huge manpower is busy in surveying, tracing, testing, taking preventive measures and providing relief during the pandemic by risking their lives.

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

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

Modi Govt 2.0 | Bold steps with a focus on long-term reforms

The Narendra Modi-led government has enacted several vital reforms and taken long-term policy decisions aimed at restructuring the economy

Softbank-Bharti JV in talks for $500-$750 million fundraise: Report

Potential investors such as infra-focused private equity funds, sovereign wealth funds, global utilities and pension funds will be formally approached in the next weeks

Sawkmie seeks govt aid for flood-affected

SHILLONG: Mawlai MLA PT Sawkmie has written to Chief Secretary MS Rao requesting him to sanction financial assistance at the earliest for all the flood-affected districts, so as to enable the district administration to reach out to the people financi

From Mumbai, workers fly to Jharkhand on plane rented by NLSIU alumni

They were part of a group of 174 labourers — daily wagers, auto drivers and construction workers — from Jharkhand, living in Mumbai, who boarded a plane that was leased by a group of alumni of National Law School of India University (NLSIU).

Nanosatellite with global mission tested for space

ESA's largest antenna test facility remains operational despite the COVID-19 pandemic, performing pre-flight testing for the latest satellite in a constellation to serve the internet of things.

Marine Biologists Discover New Species of Red Alga

A team of marine biologists from China and the United Kingdom has revised the taxonomy of Pyropia, a large genus of red alga (seaweed) in the family Bangiaceae, and described a new species and four new genera.

Fertility Diary: Coronavirus Put IVF On Hold

"Aside from the devastating loss of life and jobs, the pandemic has put so many fertility journeys on hold."

Long Odds: China's bet on REITs draws skeptics

SHANGHAI/BEIJING — China’s plans to introduce real estate investment trusts (REITs) mark a crucial step to get private money to fund infrastructure such as toll roads and sewage systems, but authorities have their work cut out in creating a fully-fledged market.

It's not your wedding day - yet: COVID-19 gatecrashes weddings

According to research conducted by the Wedding Expo, the bridal industry was worth an estimated R20 billion a year.

Bank mortgage lending is drying up in South Africa

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

Finbond Group plans to sell its South African operation and delist from the JSE

Credit-provider Finbond says that as part of its short and medium term strategic objectives, it plans on selling its South African operations to focus on North America and Europe.

Opposition questions lack of transparency in ration funding

The Bruhat Bengaluru Mahanagara Palike (BBMP) council meeting got off to a stormy start on Thursday with the ruling party coming under fire over the release of nearly Rs 20 crore to several organisations by bypassing the transparency rules.

Retail trade turnover in Latvia down 9% in April

Compared to April 2019, total retail trade turnover reduced by 9.0 % in April 2020. Turnover of retail trade in food products has declined by 3.5 %.

African Development Bank says 'no decision' yet on demands for probe

Niale Kaba, the chair of the African Development Bank board, counters what she says was 'false' information

Fund managed by Latvian minister’s wife provides money to suspended Ventspils mayor’s mouthpiece Ventas Balss

The Social Integration Fund (SIF) managed by Zaiga Pūce, who is the wife of Latvian Environment Protection and Regional Development Minister (VARAM) Juris Pūce, has allocated financial support to reduce negative consequences from COVID-19 to the so-called Aivars Lembergs’ controlled newspaper Ventspils Balss.

Latvia develops mobile app to help halt spread of COVID-19

Latvian-developed mobile app Apturi Covid [Stop Covid] meets requirements of the General Data Protection Regulation (GDPR) because it does not use data from the global positioning system (GPS) to track its users, said the president of LLC Latvijas Mobilais Telefons (LMT) Juris Binde at the presentation of the app.

In Poland, key automotive industry has been hit most by crisis

Poland has a traditionally developed automotive sector, which normally is a driving force for the country’s industry and exports. This spring, however, passenger car production has dropped by 99% on an annual basis in Poland, according to the Polish Central Statistical Office, DW reports.

Real Madrid have stiff competitor in fight for Camavinga

Eduardo Camavinga, a French talent for Rennes, is not doing anything other than gain suitors. As well as Real Madrid's well known interest, Manchester United have apparently been following him for a long time, according to the English press.

From 2x1 to 2x2: Juve's swap deal requests with Barça grow

Juve has gone from 2x1 to 2x2 and has dared to ask Barcelona for the transfer of Ousmane Dembélé and Arturo Vidal in exchange for Pjanic and De Sciglio, a real inconsistency if we take into account that Barcelona had to pay 125 million for the Frenchman.

COVID-19 impact | Commercial real estate space take-up may shrink by 20-25%

A few companies, especially mid-sized and large firms, may even consider the subscription-based option of work from home wherein their long-term real estate needs would be optimised.

Russia's Rosneft finds extended oil cuts painful: Sources

Rosneft has told the energy ministry it would be difficult to maintain cuts to the end of the year, as it has had to cut shipments to major buyers, such as Glencore and Trafigura, despite good demand, two sources close to the talks said on condition of anonymity.

Vodafone Idea share price dips 20% from day's high after co clarifies on stake sale

Any such investment will provide a breather for Vodafone Idea which has been reeling under increasing financial stress.

Stick or twist? Investors face coronavirus-induced property dilemma

Property has long been a staple of a balanced investment portfolio, favoured by pension funds and insurers seeking assets that combine capital value growth offered by stocks with secure income akin to bonds.

SAVE OUR LUNGS, SAVE OUR HEART – SAVE DEHING PATKAI

 By Joanna Dawson & Saurav Malhotra,The first quarter of 2020 ushered in an economic crisis second only to the Great Depression. This is no ordinary crisis, but an ecological crisis of deforestation and wildlife-human virus transmission that has

Japan backs nearly a third of $6.6 billion loans to Nissan: sources

Japan backs nearly a third of $6.6 billion loans to Nissan: sources

Do You Bear The Brunt Of Emotional Labor? Here's What It May Look Like

Are there unbalanced relationships in your life that need to be shifted?

Why We're So Addicted to News About the Pandemic

The dopamine-inducing strategies of app developers are on steroids during the pandemic. Have they hooked you? Create new strategies to move your life in a better direction.

Creating infra worth Rs 2,209 cr in industrial parks: TSIIC Chairman

TSIIC Chairman Gyadari Balamallu said the State government was developing world class infrastructure worth Rs 2,209 crore in all industrial parks in the State.

Sathuppalli farmers told to grow sugarcane in large extent

Farmers in Sathupalli Assembly constituency were advised to cultivate sugarcane crop in large extent of land this Vanakalam season

India’s oil import bill falls 10 per cent in FY 20

At least in the oil sector, the global health emergency posed by the spread of the novel coronavirus has come to the country's advantage.

Osmania University’s tryst with Rohinton Baria Trophy in 1966-67

Turning the pages of Hyderabad’s sporting history brings lovely memories and Osmania University winning their maiden Rohinton Baria Trophy in 1966-67 season is one of the interesting and exciting facets.

How ‘Pad Man’ Akshay ‘irked’ wife Twinkle on Menstrual Hygiene Day

Akshay Kumar and Twinkle Khanna found an innovative way to advertise the benefits of menstrual hygiene on Menstrual Hygiene Day on Thursday,

Experts fear explosion of coronavirus cases if rules ignored once economy restarts

Bangladesh will face a sharp increase in COVID-19 cases and deaths if it reopens economy without fully implementing the safeguards, experts warn.

New facilities planned for Kilcock sports club

Development

Introducing the Zoom interview: tips for job hunting during the coronavirus pandemic

Abdelrahman Y. Fouda shares six things he learnt from interviewing online.

Dell Hit By Coronavirus But Wins Millions In Govt Deals

SYDNEY: In its third year in a row, Dell Australia has posted a drop in profits. This year the company posted an after-tax profit of just over AU$31 million for the financial period ended January 31, 2020, slightly down from the $33.6 million recorded in 2019.

Bandi Sanjay writes to Sitharaman to relax loans interest for MSMEs

Telangana BJP chief Bandi Sanjay Kumar urged FM Nirmala Sitharaman to consider relaxation of interest on loans for MSME)for a six month period.

Blood Markers of Fitness Identified

A simple blood test may be able to determine how physically fit you are, according to a new study conducted by scientists at the Stanford University School of Medicine.

Smart Sponge Could Soak Up Oil Spills

Scientists have developed a highly porous smart sponge that selectively soaks up oil in water. With an ability to absorb more than 30 times its weight in oil, the sponge could be used to inexpensively and efficiently clean up oil spills without harming marine life.

Redesigning business processes for contactless operations

Blog » As the world fights against Covid19, businesses are desperately struggling to cope and sustain in the rapidly evolving commercial landscape. Long-lasting

SDF Invests $550K In SatoshiPay For B2B X-Border Solution

The Stellar Development Foundation has invested $550,000 in SatoshiPay's development of a B2B cross-border payments solution and its digital wallets.

Billionaire sells $70M Hamptons mansion for massive discount

Investor Barry Rosenstein sold an East Hampton mansion, which originally had been listed for $70 million, at a steep discount.

Gowdy calls for 'national conversation' after George Floyd death, says riots 'ain't gonna accomplish nothing'

Former prosecutor and congressman Trey Gowdy, a Fox News contributor, reacted to the death of George Floyd following his arrest by Minneapolis police Thursday by contrasting his treatment with that of South Carolina church shooter Dylann Roof. 

U2’s Larry Mullen, Jr donates $100k to Native American relief fund

Larry Mullen, Jr's donation to the Navajo & Hopi Families COVID-19 Relief Fund is one of more than 25,000 Irish donations.

Infinix partners with Imint for its Vidhance stabilization solution

The Infinix Note 7 is the first smartphone from the brand to feature Vidhance.

Build Your Own Grid Tie Inverter

Inverters that convert DC into AC are pretty commonplace, some cars even have standard AC receptacles in them for you to plug in your favorite appliance. However, there’s a particular type of…

No end to tense Ladakh standoff in sight as India, China hold ground

NEW DELHI, May 28 (Agencies): There has been no change in the ground situation or lowering of guard by either sides at the four standoff points between Indian and Chinese troops in Ladakh sector’s Galwan valley and Pangong Tso areas.Both sides are holding firm and it is not possible to indicate at this time when the status quo ante will be restored, people familiar with the development told on Thursday.Yesterday, the Chinese foreign ministry had played down the tense standoff along the Line of Actual Control, insisting that the situation was stable and controllable and the two sides were in touch with each other at different levels.The seemingly conciliatory approach articulated by the Chinese side has not reflected in the ground situation.Three of the standoff points are located around Galwan valley and the fourth, near Pangong lake. The Chinese People’s Liberation Army had moved soldiers to close to these four standoff points that are seen to be an effort to stop India from upgrading its border infrastructure…

How Bacteria Purge Toxic Metals

Bacteria can identify – and then build resistance to – toxic chemicals and metals. Researchers have taken a closer look at this mechanism to understand how it works which could lead to the development of more effective antibacterial treatments.

NZTA negotiating on new cost of Transmission Gully – paying advance of $14m

News from NZTA Waka Kotahi the NZ Transport Agency is making an advance payment to the builder of the Transmission Gully project to reflect the costs of the Covid-19 work shutdown.

CBD businesses hoping that fewer people will keep working from home

Report from RNZ by Ruth Hill While government departments are keeping Wellington staff working at home – some shops and cafes in Wellington’s CBD report trade is down 40 percent.

Bitcoin PoS Is the New Coin to Revolutionize the Crypto World

Investing in Bitcoin (BTC) is now expensive, and getting your own through mining is nearly impossible for the average person. However, a new opportunity can be found in Bitcoin PoS. BitcoinPoS: The Best of Bitcoin and PoS Bitcoin Proof of Stake (BTP) was created by a team of developers that…

Facebook’s investment in Reliance Industries not surprising: Brett Biggs, CFO, Walmart

Walmart-controlled Flipkart and Amazon jointly hold 80% of the country’s e-commerce sector at present.

State-specific solutions needed for discoms’ problems: PM Modi

Prime Minister Narendra Modi said the Union power ministry should try and put in place state-specific strategies to improve their performance.

FPIs sell over $2.6 billion of Indian bonds in May

India witnessed the highest FPI outflow from bonds among Asian peers this year followed by Indonesia that saw an outflow of $7.9 billion.

How to sculpt your dream body: Mum-of-two, 36, reveals how she transformed and toned her physique in MONTHS - and she didn't give up any of her favourite foods

A mother-of-two revealed how she shed fat from her body in just eight months by changing up her diet and fitness routine. Julia Meadows, from Melbourne, shared her story and how she did it.

Tech firm developing mobile game to help kids prevent spread of coronavirus

The game will be a drug development simulator

My GH¢ 3 plantain comment misconstrued – Afriyie-Akoto

The Minister for Food and Agriculture, Dr Owusu Afriyie-Akoto, has clarified that his comments about low prices of foodstuff in the markets were completely taken out of context.

Woman, 60, crushed dead by vehicle

A 60-year-old woman has died after she was crushed by a private vehicle at Abirem Market junction in the Birirm North District of the Eastern Region.

I have not been ordered to pay GHC1.5 million – Obinim

Commercial High Court presided over by Justice Mrs. Doreen Boakye-Agyei, did not order Bishop Daniel Obinim, Senior Pastor of the International Godsway Church, to pay tax liability of one million, five hundred and ninety one thousand, seven hundred and ninety seven Ghana cedis and fifty pesewas (GHc 1,591,797.50), to the State, lawyers of the embattled pastor claim.

Coronavirus: Govts must invest in 'efficient infectious disease prevention' - Researcher

A Research and Development Expert at Center for Africa Poverty Eradication, Nana Fori, has researched into the economical effects of the novel Coronavirus pandemic with its findings revealing that the virus has thrown the world leaders into a dark and dangerous waters as they struggle to balance public safety, economic concerns, nationwide lockdowns, travel bans and many other interconnected factors.

FLASHBACK: Any idiot can be flagbearer - Kwame Pianim

Ten years ago, renowned economist and a leading member of the opposition New Patriotic Party (NPP), Mr. Kwame Pianim urged the party to choose a flagbearer who is technologically inclined and not an old-fashioned flagbearer.

Okudzeto Ablakwa sends 'MoMo' to 659 private school staff in constituency

The Member of Parliament (MP) for North Tongu, Samuel Okudzeto Ablakwa has provided some relief to 659 teaching and non-teaching staff of 45 private schools and 89 volunteer teachers in public basic schools who are not on government payroll.

#ECMustListen: More Ghanaians join calls to resist new voters’ register compilation

The seemingly unpopular decision by the Electoral Commission to compile a new voters’ register regardless of the existing global health crisis is being brutally scrutinized by some concerned Ghanaians on social media.

Rishi Sunak's easing of the furlough may be the start of a painful era

We don't know the effects the coronavirus will have on the wider economy, so we can't know what scaling back government support will have.

Column: A college hockey program worth saving in Alabama

They've always been an outlier, a major college hockey program in the Deep South.

N.C school board votes for in-person graduation amid virus

A school board in North Carolina has voted to hold an in-person graduation ceremony for all its high schools that would be a violation of the state’s coronavirus safety orders.

Virus protection adds new wrinkle to Southwest heat relief

Trying to stay safe during a global pandemic is hard enough, but people in Southwest desert cities like Phoenix and Las Vegas where temperatures can soar into the triple digits are also trying to prot

Travel disruptions challenge global transplant deliveries

Over the past two months, as air travel ground to a halt, Mishel Zrian has crisscrossed the Atlantic and the United States dozens of times, sleeping in empty airports and unable to return home to see

California to vote on business tax hike worth up to $12B

California voters in November will decide whether to increase property taxes on commercial and industrial land to raise up to an estimated $12 billion annually for public schools and city halls across

Women empowerment foundation boosted

FINANCIAL services provider Alexander Forbes has for the second consecutive year pledged to support the Lidar Community Foundation in Windhoek with *N$72 000.

Single quarters to make way for development

THE Keetmanshoop Town Council is planning to demolish the single quarters area containing 16 housing units.

No funds to pay green scheme workers

PETRUS Uugwanga, managing director of the Agricultural Business Development Agency (Agribusdev), on Tuesday said the agency cannot pay workers' overdue salaries at green schemes countrywide.

Bank bid blows up

The Australian dollar is hovering at the highs this morning even as S&P futures fall:

Developing countries must not be left behind in pandemic recovery, Trudeau tells UN group

Weeks ahead of bid for seat on Security Council, PM tells virtual conference about Canada’s tradition of bringing together diverse groups

The Great Bears do the bear market rally

Cross-posted from ZeroHedge is a fabulous post gathering together the world’s great bears.

Deutsche Börse signs market data deal with Chinese firm Wind

Deutsche Börse has signed an agreement with Chinese financial data provider Wind to grant Chinese investors greater access to European markets.

Why Goldman Sachs Is Running Downmarket To Embrace RIAs With Recent Acquisitions

Goldman Sachs continues to build its retail wealth management business, buying boutique custodian Folio Financial last week after the acquisition of United Capital last year

Why Molina Healthcare Stock Is Up 3x Despite Declining Revenue

Molina Healthcare’s stock (NYSE: MOH) has gained a whopping 240% since early 2017. But how did the company pull off such impressive gains, as its revenues actually declined 5% over the same period? Well, there is a valid reason, of course. As it turns out, the net earnings margins...

How Will Social Distancing Affect Our Need To Belong?

For many, the post-Covid workplace will involve more teleconferencing than face-to-face meetings. What will this mean for all-important social bonding? An expert weighs in.

Would You Choose Restaurant Brands’ Stock Over McDonald’s?

McDonald’s stock has grown 20% in the last couple of years (since Jan 2018), but Restaurant Brands’ Stock has grown by only 10%. But it is hard to believe why McDonald’s stock is up more Restaurant Brands’ stock - especially since Restaurant Brands’ revenue growth for the 2017-2019 period stood at..