Economy 1222
Piyush Goyal accuses West Bengal govt of depriving people of benefits of central schemes
"Prime Minister Narendra Modi has directed that projects of any state will be completed on priority if land and other requisites are made available," Piyush Goyal said while inaugurating the first phase of the East-West Metro corridor.
Karnataka shutdown for jobs to Kannadigas
About 100 pro-Kannada outfits began a day-long shutdown in Karnataka on Thursday under a common banner, seeking more jobs for Kannadigas
Sentiment Stays Afloat
The percentage of respondents reporting as bullish has risen to 41.33% from 33.87% last week.Bearish sentiment fell 8.82 percentage points to 26.4%.Neutral sentiment also ticked higher this week, risi
Fears Newcastle Clean Air Zone plan could be delayed by malfunctioning vehicle checker system
Birmingham and Leeds have been forced to postpone their anti-pollution measures because of a malfunctioning government service, which Tyneside leaders are keeping a close eye on
Cashed up super funds hunt for buying opportunities
Unisuper and Hostplus say they are sitting on elevated piles of cash and any major sell-off in equity markets sparked by the coronavirus will come as a buying opportunity.
Renault slashes dividend as Nissan income falls 84%
Carmaker, which owns 43% of Nissan, saw full-year profit miss estimates after sales fall
Burberry Group (LON:BRBY) PT Lowered to GBX 2,600 at Credit Suisse Group
Burberry Group (LON:BRBY) had its target price reduced by Credit Suisse Group from GBX 2,650 ($34.86) to GBX 2,600 ($34.20) in a report issued on Monday morning, Stock Target Advisor reports. They currently have an outperform rating on the stock. A number of other equities research analysts also recently weighed in on the stock. Deutsche […]
New £1.4m council house development completed in Stanley
The supply of council housing in Perth and Kinross has been boosted with the completion of a new £1.4million development in Stanley.
Asian plane makers struggle to take off in crowded market
Asian plane makers have thrown huge sums at building jets but flagship projects have suffered repeated setbacks, and they face a tough time breaking into a market dominated by established players.
Oil: Energy sector up – ANZ
Crude oil was able to shift pressure and the market looks like convenient with the latest news about coronavirus. WTI trades at $51.75, ANZ Research r
USD/CAD slides to mid-1.3200s, reverses Thursday’s positive move
The USD/CAD pair extended its steady intraday slide and refreshed daily lows, around mid-1.3200s during the early European session on Friday. The pair
Why Neeraj Dewan in bullish on consumption, infra and auto
Neeraj Dewan, Director, Quantum Securities, says growth is not happening for the larger part of the market, but four to six months down the line, the economic activity should pick up and one must select stocks based on that.
Eurostat figures show Ireland still languishes at the bottom for renewable home heating
Ireland continues to be the worst performer in Europe when it comes to using renewable energy for home heating.
TSX inches higher
Canada's main stock index resumed its upward trend in late morning trading despite decreases in the key energy and materials sectors.
Trains in the newly electrified Thanjavur-Tiruvarur broad gauge section can now operate
The Commissioner of Railway Safety (CRS), Southern Circle, Bengaluru, has given statutory clearance for passenger and freight train services on this section
EUR/USD: Love is in the bearish air
EUR/USD has been extending its losses, trading at the lowest since April 2017. Yohay Elam, an analyst at FXStreet analyzes the technical perspective o
Zambia banks reap record profits from government debt
Stanbic posted a profit before tax and costs of 1.72bn kwacha last year.
DMart OFS: Non-retail quota subscribed 3.4 times
Radhakishan Damani and other promoters of Avenue Supermarts would be selling 2.28 per cent stake or 1.5 crore shares of the company in a Rs 3,500-crore deal.
Mike Ashley's Frasers Group joins calls for business rates reform
Mike Ashley's Frasers Group has said that with the British high street on "life support" the Treasury must take action on business rates reform.
Copies of ‘anti-farmer’ Budget burnt in 19 Punjab districts
To facilitate MNCs and corporates, the Modi government has proposed cluster farming, one district one crop and one corporate for marketing, which will hit the farmers hard, the protesters said.
Internal affairs minister irked by crowds at NIRA offices
Kampala, Uganda | THE INDEPENDENT | The Minister of Internal Affairs Jeje Odongo has expressed concern over the surging crowds seeking services at the National Identification and Registration Authority (NIRA) offices in Kololo. General Odongo said this while presiding over the inauguration of the new NIRA governing board that took their Oath on Thursday. He said …
RBS to slash investment bank, rebrand as NatWest
Royal Bank of Scotland’s new chief executive Alison Rose unveiled a new strategy for the taxpayer-backed bank on Friday, including radically cutting back the size of its loss-making investment bank and renaming the company NatWest, Reuters reports. Rose, the first woman to lead one of Britain’s major banks, is hoping a rebrand will help shift…
RBS profit surges, as bank’s new CEO sets climate goal
LONDON, Feb 14 — Royal Bank of Scotland today said its net profit almost doubled last year to £3.1 billion, as new chief executive Alison Rose placed climate at the top of her agenda. Rose said in the earnings statement that she planned also to roughly halve the size of the Edinburgh-based...
US: Retail Sales rose 0.3% in January as expected
Retail Sales in the US increased by 0.3% on a monthly basis in January following December's 0.2% growth, the advanced data published by the US Census
JPMorgan Chase gives fintechs data access deal deadline
JPMorgan Chase has sent fintechs a letter warning that they will be cut off from retrieving customer information unless they sign up to a new data access agreement, according to Reuters.
UK PM Johnson spokesman: Sunak reminded cabinet they need to find 5% budget savings
Newly appointed Chancellor of the Exchequer, Rishi Sunak, has reminded cabinet minister that they need to find 5% budget savings, British Prime Minist
Contracting Is Not A "problem" That Needs "solving"
Roger Partridge - Chairman
U.S. January core retail sales unchanged; December revised down
Sales at clothing stores declined by the most since 2009
Horizon Oil hired disgraced lobbyist in PNG
The ASX-listed company at the centre of corruption allegations in Papua New Guinea hired a lobbyist who was found guilty of stealing public money.
Huawei hit hard by coronavirus in China, new criminal charges in U.S.
There's lots of bad news piling up for Huawei, the firm often considered to be Android's best hope of challenging Apple's leadership in smartphone design and business competency.
3 Small-Cap Stocks With Big-Cap Potential
You may wish you had bought Axos Financial, Telaria, and Yext now if they hit their upside potential later.
Beware of the perils of swimming against the tide
Why the share market and the ocean have much in common, and the lessons we can take from learning not to swim against the tide.
SilverCloud On How FIs Can Offer SMBs A ‘Consumer’ Banking Experience
SilverCloud CEO Scott Cornell tells PYMNTS how forward-thinking FIs can bring digital tools that improve consumer relationships to their corporate customers.
ASIC sends a message about takeover laws
Takeover law is a high-stakes game, and the criminal charges levelled against Jan Cameron show the regulator clearly wants to make a strong point.
Wolverhampton Council spends £18,000 on two trips to France property convention
Wolverhampton Council spent more than £18,000 of taxpayers' money on two trips to a real estate exhibition in France, figures have revealed.
Amazon May Have Finally Cracked This Huge Retail Category
The company's decade-long efforts to make inroads in this $700 billion category may be starting to pay off.
We’ll improve on service delivery to Lagosians, says commissioner
Ajibola Ponnle, commissioner for establishments, training and pensions in Lagos, says her ministry will inspire paradigm shift towards improving service delivery to Lagosians. Ponnle said this at the launch of Simple,
Total considers stopping fuel oil sales for power: CEO
ABERDEEN, Scotland (Reuters) - France’s Total (TOTF.PA) is considering stopping sales of fuel oil to power markets as the energy giant seeks to reduce its carbon footprint and grow its renewable power business, its chief executive told Reuters.
SNB's Zurbruegg: Risk on Swiss banks from rising property prices is not too high
"Risk on Swiss banks from rising property prices is not too high," Swiss National Bank's Vice-Chairman Fritz Zurbruegg said on Friday. "Affordability
Germany’s BaFin Alerts Residents to Nexo – Group
The Federal Financial Supervisory Authority, more commonly known as BaFin, has published a warning on its website this Friday.
African Development Bank says World Bank chief’s criticism ‘misleading’
The African Development Bank on Thursday pushed back against World Bank President David Malpass’ comments that it and.”
Tesla prices its second offering of stock at $767 apiece
Tesla priced its second offering of stock at $767 apiece Friday.
Philips: High Margin Of Safety And A 10% IRR Make This Medical Imaging Play A Buy
Philips has transformed from an industrial conglomerate to a leader in several fields within the medical technology space.The company is a global leader in the oligopolistic medical imaging space.The
Lakshmi Vilas Bank posts ₹334-cr loss in Q3
Our Bureau Private sector lender Lakshmi Vilas Bank (LVB) posted a net loss of ₹334 crore in the third quarter of FY20 when compared to the ₹373-crore net loss recorded in the same period the previous
Procurement, Digital Banking See VC Funding Rounds
This week's B2B funding focused on Software-as-a-Service (SaaS), cash flow amid streamlining payments and supply chain visibility, as well as digital banking.
Warning of empty shelves
Sectors from retail to oil and gas are calling on governments to resolve a dispute with anti-pipeline protesters as a rail blockade enters its ninth day, extending railway shutdowns and threatening shortages of groceries, propane, drinking water and other goods.
Lufthansa cancels China flights through to late March
German airline giant Lufthansa said Friday it would prolong its suspension of flights to the Chinese mainland until March 28 over the novel coronavirus COVID-19.
Coronavirus: DGCA extends screening to passengers arriving from Japan, South Korea
Till date, only passengers arriving from Thailand, Singapore, China and Hong Kong were being screened for possible exposure to the respiratory virus
UN experts: North Korea enhances nukes and illicit trade
CAMEROON, Cameroon — U.N. experts say North Korea has increased imports and exports of banned and restricted goods such as coal and petroleum products as it continues to enhance its illicit nuclear and ballistic missile programs in violation of sanctions. The experts identified new methods that the country is using to evade U.N. sanctions, including …
Withdraw income tax on overseas tours, travel agents petition PM Modi
The government introduced five per cent TCS on overseas tour packages with an aim to plug revenue leakag
USD/JPY Price Analysis: Consolidated in a range, awaits US retail sales for fresh impetus
The USD/JPY pair extended its sideways consolidative price action through the mid-European session on Friday and remained confined in a narrow trading
PhonePe earmarks ₹800 crore marketing budget to take on competition
It has signed up Alia Bhatt to create awareness.The platform aims add over 100 million users every year
When to Stay or Walk Away: Your Guide to Navigating Business Development
Follow these 4 guidelines, and keep your head in the game of business development.
Canopy Growth says more cost cuts coming as it reports $124M loss
Canopy Growth Corp. is planning further cost cutting as it works to achieve positive cash flow and profitability, the cannabis producer's new chief executive said Friday as it reported a $124.17-million loss in its third quarter of 2020.
It's how to hit climate targets that matters
Business has taken the lead in propelling Australia towards net zero carbon emissions by 2050.
Exports decline by 1.66% year-on-year to $25.97 billion in January
Imports too declined by 0.75 per cent USD 41.14 billion, leaving a trade deficit of USD 15.17 billion during the month under review
Covid-19 infections: Ministry receives 250 complaints about face masks
KUCHING, Feb 14 — The Domestic Trade and Consumer Affairs Ministry has received 250 complaints concerning face masks in the wake of Covid-19 infections. Its Deputy Minister Chong Chieng Jen said the highest number comprised 181 complaints concerning expensive prices, while the other complaints...
The daily business briefing: February 14, 2020
Prosecutors file more charges against Huawei, a judge halts a Microsoft military contract contested by Amazon, and more
Last cargo of toxic waste re-exported this month
“The re-exportation of the remaining wastes from South Korea this month signifies our nation’s steadfastness to protect public health and the environment from the deceptive trade in hazardous waste disguised as plastic waste for recycling,” said Simon to the group.
Renault plans $2.2 billion 'no taboos' cost cuts after first loss in a decade
PARIS (Reuters) - Renault’s (RENA.PA) first loss in a decade triggered a no-taboos commitment to cut costs by 2 billion euros ($2.2 billion) over the next three years from the carmaker on Friday, as it tries to put the Carlos Ghosn affair behind it.
IRS suggests game currencies are not taxable; tax experts say don’t believe it
A change to the IRS website suggests that game currencies are not taxable, despite an earlier statement that they are – but tax experts say ...
Gold struggles to move into positive territory, trades around $1,575
The troy ounce of the precious metal rose $8 on Thursday but seems to be having a tough time stretching higher on Friday. As of writing, the XAU/USD p
You could be cheating on your taxes without realizing it. Here's how to tell.
Recent changes in tax laws eliminating or curtailing some long-time deductions and credits could turn ordinary taxpayers into inadvertent tax cheats.
You've Never Heard of the C-Suite Targeting Scam, but It's a Killer
A widespread but far less understood scam cost U.S. businesses more than $1.7 billion in 2019.
After Supreme Court rap, DoT orders telcos to clear dues immediately
The order by the DoT has asked telcos to clear dues by 11.59 pm Friday.
Brazil’s Largest Crypto-Friendly Bank Posts 42% Rise In Q4 2019
The largest standalone investment bank in Latin America, Banco BTG Pactual SA, recorded an impressive 42% net income growth during last year's fourth
In Hot U.S. Jobs Market, Half of College Grads Are Missing Out
Millions of Americans are seeing little return from their expensive college degrees -- even in today’s hot jobs market.
Standard Chartered Joins Forces With Imperial College Business School For New Climate Risk Management Partnership
Standard Chartered, a UK-based multinational banking and financial services company with $688 billion in assets, announced on Thursday it has joined forces with
Still rising
BEIJING — The death toll from China’s virus epidemic neared 1,400 on Friday, as the United States complained of a “lack of transparency” from Beijing over its handling of a crisis that has fuelled global panic.
Exports dip 1.66% in January
The trade deficit was $15.05 billion in January 2019.Imports too declined by 0.75$ $41.14 billion, leaving a trade deficit of $15.17 billion during the month under review
R&L upgrades PH credit rating
In a report to the Department of Foreign Affairs (DFA), the Embassy said the upgrade was made in view of the steady progress of the government’s reforms to modernize the tax system, the prioritization of the socio-economic agenda, the launch of the Bangsamoro Transition Authority (BTA), and the Build, Build, Build program.
Not approached by any telco to finance AGR dues, says SBI chairman
The payments to be made by the companies include Rs 53,000 crore by Vodafone Idea, Rs 35,500 crore by Bharti Airtel and Rs 14,000 crore by the now defunct Tata Teleservices
Larry Ellison Joins Peter Thiel In Trump’s Camp
It will be interesting to see who else—if anyone—from the Silicon Valley elite follows Ellison.
Airlines suspend China flights due to coronavirus outbreak
(Reuters) - Airlines are suspending flights to China in the wake of the new coronavirus outbreak.
WanaArtha Life’s securities accounts blocked by AGO in Jiwasraya trickle down effect
WanaArtha Life assured its policyholders that the policy benefits in the insurer were safe and that it was trying to handle the situation with the AGO, OJK and other relevant authorities.
EUR/JPY challenges 119.00 ahead of US data
The persistent soft tone surrounding thje European currency in combination with the stead pace in the Japanese safe haven are forcing EUR/JPY to trade
The Interview That Should Terrify Owners of Freeport-McMoRan Stock
Freeport-McMoran stock works on paper. But higher cash flow will go to a management team that's already destroyed billions in value.
Rupee settles 6 paise lower at 71.37 against US dollar
On a weekly basis, the rupee has gained 3 paise.
Portfolio Protection: Time Will Come When Silver Shines Brighter
This precious metal has constantly lagged behind gold, but everybody knows perfectly well the time will come when silver shines brighter.An unexpectedly long bullish market should eventually end. Havi
Railways modifies capex spending model, enhances focus on critical projects
The national transporter has decided to disburse budgetary grants in full to projects nearing completion and will partially fund those in the initial stages
Tesla's Giga New York is poised to meet a critical workforce target
It appears that Tesla will be meeting its workforce goals in its Gigafactory New York facility, with the company reportedly only a few hundred workers short of its 1,460 target for April 2020. With this in mind, Tesla seems poised to meet its end of its deal with the state, avoiding a potential $41.2 million […]
Tanzania borrows Sh147bn to construct 550km SGR line
NAIROBI, Kenya, Feb 14 – The government of Tanzania has received a Sh147 billion loan from Standard Chartered Bank Tanzania to fund the construction of Kenya breaking news | Kenya news today |
Deep Dive: Paper Checks: The Bane Of Student Disbursements?
The Disbursements Tracker Deep Dive examines how checks are alive and well for student aid disbursements, despite security flaws and better digital methods.
Is 5AMLD Causing Crypto Companies to Shut Down & Relocate?
The EU's 5th anti-money laundering directive has already caused some crypto firms to relocate or shut down. Is regulation really a good thing for crypto?
ESG ETFs Help Investors Avoid Exposure To Some Headline Risks
ETFs that incorporate environmental, social and governance (ESG) principles provide investors with a diversified core portfolio position that is capable of avoiding some risk-off events due to the und
Do you want us to wind up SC?: Top court fumes at govt, telcos over non-payment of AGR dues
'We don't know who is creating this nonsense. Is there no law left in the country? It is better not to live in this country and rather leave the country,' the bench observed.
Lufthansa cancels China flights through to late March
German airline giant Lufthansa said Friday it would prolong its suspension of flights to the Chinese mainland until March 28 over the...
7 Stock Market Sweethearts You'll Want to Call Your Own
It's easy to adore these great businesses.
Warren Buffett loses $1 billion in 2 days after Kraft Heinz disappoints again
Warren Buffett took a $1 billion loss as Kraft Heinz stock plunged 11% in two days. Berkshire Hathaway's 27% stake in the food giant shrank in v...
Rental price indexes: January 2020
The rental price indexes measure the changes in prices that households pay for housing rentals.
Rio Tinto and STAS to commercialise aluminium filtration technology
Rio Tinto has signed an agreement with Canadian firm STAS to commercialise an advanced compact filtration (ACF) technology for aluminium cast houses.
Here's Why Everyone Should Be Rooting for Shopify
Shareholder or not, a new e-commerce movement is great for small businesses around the globe.
Vietnam says monitoring over 5,000 Chinese workers for coronavirus
HANOI (Reuters) - Vietnam is monitoring more than 5,000 workers who returned to the Southeast Asian country after the Lunar New Year holiday for signs of coronavirus, state media reported on Friday.
Mealie-Meal Coupons ...
Will mealie-meal coupons being proposed by the Zimbabwean government result in the availability of the basic commodity to the intended beneficiaries?
Rising garlic price cannot be blamed on coronavirus: Business watchdog
As some suggest the coronavirus outbreak may be behind the sharp rise in garlic prices, the competition watchdog is not having any of it, blaming importers instead.
Top headlines: SC shocker for telcos, wholesale inflation rises, and more
From SC's rejection of telcos' plea for new schedule for AGR payments to wholesale inflation rises to 3.1% in January, here are the day's top headlines
Construction Activity Can Signal When Credit Booms Go Wrong
The risk of a bad boom- where a rapid credit growth episode is followed by a financial crisis or subpar economic growth -increases when there is also a boom in house prices.We find that signals from c
Breaking News: CP+ 2020 Has Been Cancelled Due to Coronavirus Fears
PetaPixel has learned that the CP+ 2020 expo in Japan—one of the largest photo industry trade shows in the world—has been cancelled due to fears over the recent coronavirus outbreak. An official announcement from the show is expected shortly. (UPDATE: Confirmed)
Obtaining PAN card will be made simpler, says Nirmala Sitharaman
Sitharaman made the comments during an interactive session titled 'Budget and Beyond' with professionals from asset management, wealth advisory, tax consultancy and other related industries at NITI Aayog
LuLu Group to expand retail arm Tablez, consolidate hotels in India
To also set up large-format malls in Hyderabad, Lucknow and Bengaluru
New Report A Pathfinder For Affordable Housing
A report released today by LGNZ provides a roadmap for councils finding their way through the complex policy, regulatory and market tools available to help enable more affordable housing developments for New Zealanders.
Bill.com: Material Deceleration On The Horizon
Bill.com reported its fiscal Q2 2020 results last week, beating top line estimates and reporting 50% year-over-year revenue growth.Despite an incredible report, revenue growth rates are expected to sl
Coronavirus update: SpiceJet to suspend Delhi-Hong Kong flights from February 16
IndiGo and Air India have already suspended all their flights between India and China.
Egypt Discusses Reinforcing Cooperation with Aramco
Egypt's Minister of Petroleum and Mineral Resources Tarek El-Molla has discussed with Fahad al-Ammari, General Manager of Area Projects-Upstream Project Management Saudi Aramco, and his accompanying delegation reinforcing bilateral cooperation on imp
Hungary: No room to counter a deep downturn – ABN Amro
Anke Martens, a senior analyst at ABN Amro, reviews the current situation of the Hungarian economy, expecting a slowdown. EUR/HUF is trading at 335.02
Eurozone Prelim GDP arrives at 0.1% QoQ in Q4 vs. 0.1% expected
After Germany flirted with a recession in the final quarter of 2019, the Eurozone economy steadied in the fourth quarter, the latest figures released
Suspended NMC Health vice chair resigns amid legal review
NMC Health announced today that vice chair Khalifa Butti Omeir Bin Yousef has resigned with immediate effect amid a legal review.
Saudi Arabia, UAE Among Top 10 Logistics Markets
Arabian Gulf countries have had a high ranking in the 2020 Agility Emerging Markets Logistics Index, with UAE and Saudi Arabia among the top 10 logistics markets. In the GCC, the UAE ranked third, Saudi Arabia sixth, Oman 14th, Bahrain 15th, and Kuwa
Ringgit lower against US dollar in early trade
KUALA LUMPUR: The ringgit opened lower against the US dollar in early trade today on weak buying interest due to weaker-than-expected fourth-quarter 2019 gross domestic product (GDP) results.
Xi's pick to save China from virus is loyalist who lured Tesla
Barely a month ago, then-Shanghai Mayor Ying Yong was sharing a stage with Elon Musk to celebrate the release of Tesla Inc.’s China-built Model 3 sedans -- the sort of glitzy honor that comes with leading the financial hub of the world’s second-largest economy.
China’s startups on the ropes after virus freezes funding
A backlash against Chinas tech champions in 2019 had begun damping a decade or more of go-go optimism and investment that fueled one of the fastest and largest creations of wealth the world has seen.
Treasury Market Flashes New Warning As Real Yields Go Negative
Real yields for key maturities in inflation-indexed government bonds (TIPS) have slipped into negative terrain lately.It comes as no surprise to learn that the 10-year TIPS rate is plumbing depths bel
RBS to rebrand as Natwest as bank posts £4.2bn profit under new boss Alison Rose
Royal Bank of Scotland reported profit of £4.2bn for 2019 today, beating predictions as new boss Alison Rose outlined a rebrand of the bank as Natwest.
US Dollar Index Price Analysis: Correction lower could test the mid-98.00s
DXY is shedding some ground after reaching fresh yearly peaks in the proximity of 99.20 earlier on Friday. The current overbought levels in the dollar
AGR dues: DoT withdraws order seeking no coercive action against telcos
The department's move came after the Supreme Court directed the managing directors and directors of telcos and other firms to explain why contempt action be not taken against them
Operto and Lightmaker announce partnership for next-generation enterprise property management
VANCOUVER, BC - Operto Guest Technologies has announced a partnership with enterprise property management software and trust accounting provider Lightmaker Property Manager (LMPM). By joining with LMPM, Operto will further enhance its range of technological solutions which provide operational efficiency and best practice for professional property managers, as well as an enhanced personalized and comfortable experience for guests. Operto provides property managers with a software platform to manage access, temperature control and noise/occupancy monitoring that streamlines operations and improves the host/guest
TIF: 'People in racing are exhausted' by lack of change
The Thoroughbred Idea Foundation revisits a report they published in 2019 asking why companies like Equibase continue to charge for their data.
Renault reports first net losses in a decade for 2019 on lower sales
Renault said in a statement it suffered net losses of 141 million euros ($152 million)
IEA sees first drop in global oil demand
Global oil demand will drop this quarter for the first time in more than a decade as the coronavirus batters China's economy, the International Energy Agency said. The new estimates show that oil markets face a significant surplus despite the latest production cuts by OPEC and its partners. Crude already sank to a one-year low below $50 a barrel last week, and the impact of the epidemic will be felt throughout the year, the agency said. "Demand has been hit hard by the novel coronavirus and the widespread shutdown of China's economy," the Paris-based IEA said. "The crisis is ongoing and at this stage it is hard to be precise about the impact.
SC orders telcos to clear dues by March 17, threatens contempt
The court, which had asked companies including Vodafone Idea and Bharti Airtel to pay 920 billion Indian rupees ($12.89 billion) in overdue levies and interest by Jan. 23, had rejected petitions seeking a review of its order last month
Rupee slips 2 paise to 71.33 against US dollar in early trade
The rupee had settled at 71.31 against the US dollar on Thursday.
Digital Turbine Is Likely To Catch A Second Wind
After a strong rally, consolidation set in, and the shares fell back to where they were in the summer of last year.However, we think the elements are in place for the company to recharge growth, drive
UFI President Mary Larkin: “Exhibition Industry committed to providing meeting places around the world”
PARIS - The outbreak of the Novel Coronavirus COVID-19 is impacting the global exhibitions and events industry, as events of all kinds are being postponed or cancelled. UFI President Mary Larkin issued the following statement: “We stand in sympathy and support of everyone affected by the current COVID-19 outbreak, whether directly or indirectly. The exhibitions and events industry exists to provide platforms for people and industries to meet, to trade, and to collaborate. These gatherings are especially important in times of disruption. It is
AGR case: DoT withdraws 'no-coercive order' against telcos after SC slams dept
Lambasting DoT for issuing circular, SC bench head by Justice Arun Mishra dismisses review petition saying there's "no stay" on coercive action against telcos who'll fail to comply with SC order
Mobile BNZ Brings Banking And Low Interest Loans To Northland
BNZ Chief Customer Officer, Paul Carter, says, “Mobile BNZ ensures our customers in Northland will have the opportunity to have a quality face-to-face conversation with one of our people.
Whistleblower policy critical for internal control in firms: Keki Mistry
Mistry said certain instances in the past have shown that whistleblowers are either seeking ill of a company or looking for media attention
Teranga secures approvals to acquire stake in Massawa Gold Project
Teranga has secured approvals to proceed to conclude the previously announced acquisition of a 90% stake in the Massawa Gold Project in Senegal, Africa.
Indian Court Stays National Competition Regulator’s Investigation Against E-Commerce Giant Amazon
New Delhi (Sputnik): US E-Commerce major Amazon engaged in deep discounting during the festive season in India. India’s domestic traders are up in arms, alleging that discounting by online retailers is distorting the market
Capgemini plans quarterly appraisals for entry-level workforce
To add 25,000 techies this year through mix of campus and lateral hires
After Supreme Court Rap, DoT Directs Telcos to Pay AGR Dues by 11:59 PM Tonight
The order by the DoT has asked telcos to clear dues by 11.59 pm Friday.
Kraft Heinz’s Junk Downgrade Rekindles Bond Market Jitters
Kraft Heinz Co., the iconic food giant created in a merger five years ago, was downgraded to junk by two credit raters, raising fresh worries among investors that a slowing economy could threaten the broader corporate bond market.
The State Of Indian Education With Mohandas Pai And Nisha Holla Part 1
Watch for a wealth of insights on education from our esteemed guests
British Fashion Council Partners With Fashion Zoo for China Amplification
The two entities will work together to launch LFW China Day, a schedule of Chinese designers showing in London from September 2021.
Cocoa traders expect adverse weather, hoarding to hit Ivorian sales
ABIDJAN/LONDON (Reuters) - Adverse weather and hoarding in Ivory Coast could see sales of the top cocoa producer’s largest export fall some way short of consensus, which could push global prices higher, traders said.
Consulting firms lead recruitment at IIM Bangalore
The lateral and final placements for the PGP Class of 2018-20 of the Indian Institute of Management Bangalore (IIMB) saw 518 offers, leading to all 428 students who appeared for placements being placed over three interview days.
Anglo takeover becomes Sirius' last hope as alternative falls through
Embattled UK miner Sirius Minerals said today that it had dropped an alternative funding scheme to its takeover by Anglo American as it was unviable.
Hedera Hashgraph Slumps 20% After Meteoric Rally
Hedera Hashgraph (HBAR) lost over 20% of its valuation just hours after performing one of the most spectacular rallies in recent crypto history. HBAR
Amazon Stock Is a Buy if Not for the Coronavirus
But it’s the coronavirus, not the tremendous spike in market value, that investors should be worried about in the nearer term.
What's next for Vodafone Idea, Bharti Airtel after Supreme Court's AGR blow?
AGR row: Soon after the court judgement, Airtel said that it's in the process of doing self-assessment of the dues, and shall submit Rs 10,000 crore by February 20
Future Industry Consolidation Could Be Good News For Macerich
On February 10, the shopping center REIT giant Simon Property Group announced it was acquiring a majority equity stake in Taubman Centers, Inc.Future consolidation in the industry could be good news f
Tech Conferences in Asia On Hold Due To Coronavirus Outbreak
This week, organizers of Black Hat Asia and DEF CON China security conferences announced that the coronavirus outbreak in the region is forcing them to put the events on hold.
Asian plane makers struggle to take off in crowded market
Asian plane makers have thrown huge sums at building jets but flagship projects have suffered repeated setbacks, and they face a tough time breaking into a market dominated by established players.
Breaking: Lagos closes 16 companies over N126.19m tax evasion
The Lagos State Internal Revenue Service(LIRS) on Friday announced that it had closed 16 companies in the state over alleged failure to
Exports decline 1.7% in January, trade deficit widens to $15 billion
During the first 10 months of the current fiscal, while exports contracted 1.9%, imports shrank 8.1%.Of the 30 major items in India’s export and import baskets, 21 export items and 17 imported goods fell
US Dollar Index challenges daily lows near 99.00, U-Mich in sight
The US Dollar Index (DXY), which tracks the buck vs a bundle of its main competitors, remains on the defensive at the end of the week and is now flirt
GBP/USD: Spending will not alleviate Brexit pressure – Rabobank
The cable gained some traction yesterday following the resignation of the Chancellor Sajid Javid, but analysts at Rabobank are still seeing hurdles in
Hong Kong stocks end week higher as virus deaths fall
Hong Kong stocks edged up on Friday, as the daily death and infection tolls in the epicentre of the coronavirus outbreak returned to lower levels, following a dramatic spike the previous day. At the
Flight Centre lifts stop-sell on SAA tickets
Its preferred travel insurance provider has reinstated cover to SAA, effective immediately.
Kevin Carmichael: Bombardier may have failed, but at least it tried to win
Kevin Carmichael: A humbling time for one of Canada’s great enterprises
DoT asks Vodafone Idea, Airtel to clear AGR dues by midnight
The DoT, which faced the ire of Supreme Court for putting on hold recovery of dues from telecom companies, has started issuing circle or zone-wise demand notices to firms
Corruption and mismanagement to blame for SA poor economy - Cosatu
Reacting to President Cyril Ramaphosa's SONA, Cosatu warned the government not to outsource its developmental obligations to the private sector.
GTBank, Zenith, Access, First bank, UBA get some Love on Valentine’s Day
Love is in the air and Nigerian bank users have spoken. ‘Who is the love of your life? Who is your crush? Your side boo? Your worst ex? Who will you break up with?’ Here at Ciuci Consulting, our annual banking report – What Retail Banking Customers Want for 2020 has started on a ‘love note’ with the #BankLoveChallenge.
Q&A: Coronavirus likely to infect the global economy
The rapid development of China's coronavirus crisis coincided with the annual idling of much of the country's economic activity due to the Lunar New Year break, which typically runs for a week or two. ...
CBOT Trends - Wheat up 3-5 cents, corn mixed, soy steady-down 2 cents
CHICAGO, Feb 14 (Reuters) - Following are U.S. trade expectations for the opening of grain and soy complex trading at the Chicago Board of Trade (CBOT) at 8:30 a.m. CST (1430 GMT) on Friday.WHEAT - Up 3 cents to 5 cents per bushel* Some end-of-week bargain buying expected to boost wheat market. Most-active CBOT wheat contract has fallen in three of the four previous trading sessions and is on track for a weekly loss of 1.9%.
Oil: St. Valentine brings affection – TDS
There are some risks to be dealing with it yet but energy markets are taking a relaxed St. Valentine’s day, according to analysts at TD Securities. Br
Museveni lauds Vision Group on Harvest Money expo
I applaud the Vision Group for bringing us together to learn and showcase different products and available resources and technologies for us to advance the agricultural...
Pfizer Q3 net profit up 5 per cent to ₹139 cr
Drug firm Pfizer Ltd on Friday reported a 5.39 per cent rise in net profit to ₹139.06 crore for the quarter ended December 31, 2019. The company had posted a net profit of ₹131.94 crore for the corres
Jitters infect trading, Fed withdraws
A large increase in reported coronavirus infected patients saw European and US investors step away from shares in overnight trading. Initial jitters were eased by a WHO official’s statement that the increase was simply a full accounting of cases so far. US indices recovered and made gains, until the US Federal Reserve announced it was tapering its repurchase agreement program, effectively withdrawing liquidity.
Tax dept notifies forms for firms to avail lower corporate taxes
In September 2019, the govt announced a cut in base corporate tax for existing companies to 22% from the current 30%.The effective tax rate for existing units will be 25.17% as compared to 34.94% now
Trump to woo Indian executives during New Delhi visit
NEW DELHI (Reuters) - U.S. President Donald Trump will meet executives of large Indian companies with interests in the United States as he looks to drum up investments during his visit to New Delhi this month.
Philippines lifts deployment ban to Kuwait
The lifting of the ban means newly-hired and returning skilled workers, semi-skilled workers, professionals, and household service workers can return and work in the Gulf state
RBS changes name to NatWest in bid to shed legacy of bailout
The majority state-owned U.K. bank RBS announced a name change on Friday as it tries to leave behind its near-collapse during the 2008 financial crisis.
Why you can never have too much super
If you're working hard and planning for retirement, you might wonder if you have too much in super. In my opinion, you can't.
5G: 2020 is when it gets real, but not for everyone
Some countries are forging ahead with 5G, but some are already hitting hurdles, says Ericsson.
Market Wrap, Feb 14: Sensex falls 202 pts post AGR verdict
Among telcos, Vodafone Idea tumbled over 23 per cent to Rs 3.44 apiece on the BSE post the AGR verdict
Virus-hit Hong Kong says it with face masks, not flowers
Hong Kong: Hong Kong's flower markets are lamenting dismal Valentine's Day sales as the city battles the deadly coronavirus outbreak, with admirers joking that a box of face masks is a better way to say "I love you" than a bouquet.
Kresna goes about business as usual despite reports of problems related to Jiwasraya
The Financial Services Authority (OJK) has denied reports that investment management firm PT Kresna Asset Management (KAM) and life insurer PT Kresna Life are under investigation by the Attorney General’s Office (AGO).
9 Food and Restaurant Stocks to Dine In On
Should the economy keeping rolling like it is, these nine food and restaurant stocks to buy will likely surprise many investors.
Shock as RG’s office demands $200 top-up for ordinary passports
Registrar General (RG) Clemence Masango has ordered all citizens who paid $53 for an ordinary passport before the fees were raised to $253, to pay the difference of $200 before their travel documents are processed.
Renault reports first net losses in decade for 2019
Renault also took a hit from a decline in the financial contribution of a likewise struggling Nissan
4 ASX shares to watch in week 3 of reporting season
Here are 4 great ASX shares to watch during the busiest week of February's ASX reporting season.
Falling Oil Prices An Economic Warning Sign
Global demand has already been falling for the last several months, and oil prices are sending warnings that market hopes for a global reflation are likely not a reality.Falling gasoline prices have h
Stockholm enters Global Cities top 30 for the first time - CityAM
With a strong economy and commitment to reducing its environmental impact, Stockholm is the first Scandinavian city to make the [...]
RBI’s lending push amid inflation to crimp fixed deposit (FD) returns
Soon after the RBI monetary policy review earlier this month, banks dropped their fixed deposit rates. Mint explains the implications of the RBI action
Projects to improve broadband internet planned in Tennessee
The U.S. Department of Agriculture is investing $9 million on high-speed broadband internet projects in 10 rural Tennessee counties.
Petrol, diesel prices up
KUALA LUMPUR, Feb 14 — The retail prices of RON97 and RON95 petrol will be higher by two sen per litre, at RM2.36 and RM2.06, respectively, for the week beginning midnight tonight up to Feb 21. A Finance Ministry statement said the price of diesel will be higher by six sen per litre,...
How multi-party politics changed Kenya's economy
The economy was destabilised and the regime found itself in difficulties.
India, Portugal ink seven pacts after Modi-Sousa talks
The pacts provide for cooperation in areas of investment, transport, ports, culture and industrial and intellectual property rights
Edelweiss Q3 profit drops 93% to Rs 17 crore; debt-to-equity ratio improves
Consolidated expenditure of the company increased to Rs 2,598.06 crore in Q3FY20 over Rs 2,439.14 crore in Q3FY19.
DA assures no ASF in Caraga region
BUTUAN CITY – “No cause for alarm because there is no case of African Swine Fever (ASF) in Northeastern Mindanao due to tighter measures to prevent the contagious disease from entering Caraga region,” stressed Emmylou T. Presilda, regional spokesperson of the Department of Agriculture said.
XRP Outperforms Top 5 Cryptos, Unfazed by BitMEX Crash
The price of XRP recovered remarkably after the BitMEX crash, which led to heavy liquidations. Now, XRP is the best-performing coin among the leading 5
Were these the best results on the ASX last week?
Why I think Commonwealth Bank of Australia (ASX:CBA) and these ASX shares delivered the strongest results last week…
The IMF will Present the Results of its Regular Mission to Bulgaria
The International Monetary Fund will present the results of its regular mission to Bulgaria. Experts have been in the country since February 4, and traditionally, they have had a number of meetings with government representatives, BNB, business and non-governmental organizations.
SpiceJet shares climb nearly 6% after Q3 results
In the 2018 December quarter, the carrier recorded a profit of Rs 55 crore.
Bernie Sanders on Social Security: Everything You Need to Know
Here's a look at how Democratic presidential candidate Bernie Sanders would tackle Social Security's $13.9 trillion long-term cash shortfall.
If You Like Fuel Cell Energy, Bloom Energy Might Be The Safer Bet
While FCEL stock is an interesting play, FuelCell Energy reported disappointing Q4 2019 results, making Bloom Energy the safer play.
Foreign investors in row over Lebanese debt
Ashmore has locked horns with other creditors, including Pimco
Dan Loeb’s Third Point Discloses $115M ViacomCBS Stake
The hedge fund also revealed that it cut its holdings in Fox Corp. by more than 37 percent, and acquired a $130 million stake in Amazon.
NPA empowers Enugu women, youths with vocational skills equipment
THE Nigeria Ports Authority, NPA, has empowered over 100 women and youths of Umuaram-Ikem, Isi-Uzo local government area of Enugu state
Flight centre resumes sales of SAA tickets
The insurer linked to flight centre reinstated insolvency cover for SAA.
US-mediated Nile dam talks fail to produce solution
Ethiopian officials said Friday that negotiations this week in Washington failed to resolve a long-running dispute with Egypt over a massive dam on the...
Big love: Thai elephants, students send Valentines to coronavirus-hit China
Some 3,000 students gathered on Friday in Thailand's Ayutthaya province to send Valentine's Day well-wishes to China, which is facing an ongoing ...
Delta hopes to be the first carbon neutral airline
It'll rely more on mitigation than zero-emissions aircraft to achieve its goal.
AUD/USD: Recovery not guaranteed
AUD/USD has been on the rise amid a calmer market mood. However, technically, the pair shows signs of a short-term drop, according to Yohay Elam from
What’s It Going to Take for Zillow to Get Back to $150?
Zillow Group’s latest partnership with regional homebuilders could help Z stock and ZG stock get to $150. Here’s why.
SC pulls up DoT for non-collection of AGR dues
Airtel to pay ₹10,000 crore by February 20
Asian Defence Spending Increases By More Than 50% In 10 Years, Report Says
The International Institute for Strategic Studies study suggests 2019 saw the largest yearly global defence-spending rise in a decade.
Ukraine's NSDC to cooperate with global IT giants in countering cyber threats
They will interact via the platform of the National Coordinating Center for Cybersecurity.
Huawei, Meng face new US charges of trade secrets theft
The new charges, including a federal racketeering allegation, add to an indictment unsealed in January 2019 that alleged Huawei stole trade secrets from US carrier T-Mobile.
EV is the way to go
Re: “Washington should pass clean-fuel standard like Oregon, California” : State Rep. Joe Fitzgibbon’s Op-Ed made a common-sense case for Washington state setting goals to reduce greenhouse-gas emissions...
Ontario Power Generation, Hydro One create Ivy electric vehicle charging network
Two of Ontario's biggest utilities have formed a new company to create a province-wide fast-charger network for electric vehicles.
Euro rebounds as U.S. stocks drop, growth concerns remain
NEW YORK — The euro bounced against thegreenback on Friday as U.S. stocks declined from record highs,though concerns about growth in the eurozone are expected tokeep weighing on the single currency.
GoAir appoints Vinay Dube, former Jet Airways chief, as new CEO
In recent weeks the airline has been facing challenge due to delays in deliveries of aircraft and spare engines resulting in cancellation of flights
Canopy Rivers swings to loss, withdraws guidance on industry headwinds
TORONTO — Canopy Rivers Inc. says it swung to a loss in its third quarter of 2020 and has withdrawn its full-year guidance over multiple headwinds in the cannabis industry. The venture capital arm of Canopy Growth says it had a net loss of $2.
Indian Overseas Bank to focus on MSME-lending: CEO
Laying more focus on the MSME segment, Indian Overseas Bank (IOB) will increase its lending to the sector from ₹31,000 crore at present to ₹50,000 crore in a couple of years from now, said a top offi
FG shares N8.15 trillion with states, others in 2019
N8.15 trillion of the Federation Account distributions was reportedly shared by the Federal, States and Local Governments in 2019.
HealthifyMe collaborates with online grocery players to tap wider markets
A pilot project in partnership with Swiggy to deliver healthy food launched in Gurgaon; mental wellness segment on anvil
Fortis Q3 net loss narrows to Rs 69.32 cr on good show in hospital business
The third quarter of 2019-20 continues to witness earnings growth with margin expansion in the hospitals business
Consumer Sentiment Soars on Improved Optimism and Best Income Gains Since 1960
Consumer sentiment climbed again in early February, moving toward the highest level in 15 years. | Economy
No discounts, no problem: E-wallet users stick around despite less cash back
GoPay has the highest number "organic" users with 54 percent of respondents willing to continue using the e-wallet without promotions. OVO came in second with 29 percent organic users while DANA and LinkAja had 11 percent and 6 percent, respectively.
Best-ever January for housing market as mortgages, house sales skyrocket
Turkish house sales jumped 55.8% year-on-year in January, the best-ever start to the year for the housing market, according to a national statistical body...
Shropshire care specialist awards staff pay rises
A company has decided to smash through the current salaries for care staff and introduce pay rises of up to 55 per cent above minimum wage.
At least 10 countries contact Turkey for domestic car dealership, minister says
Many countries have requested to sign deals to sell Turkey's first domestically produced car introduced last December, the Turkish industry and technology...
Fiat Chrysler halts production in Serbia over China disruption
MILAN, Feb 14 — Fiat Chrysler (FCA) said today it had temporarily halted production at its Serbian plant due to disruptions related to components sourced from China, where businesses have been hampered by the outbreak of a new coronavirus. Planned downtime at the Kragujevac plant in Serbia, where...
Zimbabwe battles to clear huge passport backlog
Country seeks to clear more than 400,000 passports dating as far back as 2018.
Yamana Gold: Digging Into The FY-2019 Report
Yamana Gold reported FY-2019 production results, meeting both cost and annual production guidance, and is expecting similar operating metrics for FY-2020.The company raised its dividend yet again last
Shell confirms Singapore Covid-19 case, sends staff home after another scare
SINGAPORE, Feb 14 — Shell said today a contractor working at its Singapore refinery had contracted Covid-19, as the city state reported its biggest jump in new cases so far. The oil giant said earlier it had sent some staff home from its main office in Singapore after discovering another employee...
Japan: GDP to have turned negative – Standard Chartered
Japan is scheduled to release preliminary Q4 GDP data on 17 February, trade data for January and core machine orders for December on 19 February and C
Telecom firms told to pay Rs 1.47 lakh crore dues by midnight, hours after SC pulls up government
Airtel has informed the telecom department it will deposit Rs 10,000 crore by February 20, and the remaining amount ‘well before’ March 17, said media reports.
Forex reserves soar to record $473 b
India’s foreign exchange reserves rose by $1.701 billion to a lifetime high of $473 billion in the week to February 7 on account of the increase in foreign currency assets, according to RBI data. In t
Compensation from Boeing over 737 MAX grounding key to SpiceJet operations
Incentives crucial for its survival as 737 MAX grounding stalls expansion plans
Strong will to take Turkish-Pakistani trade, economic ties to new heights
Ankara and Islamabad look to benefit from the increasing trend in recent years and raise their bilateral trade volume to $1 billion in short-term, before eventually increasing it to $5 billion
Abercrombie & Fitch's Restructuring Is Attractive At The Current Price
While searching stocks in the US retail sector, we detected Abercrombie & Fitch fulfills many requirements to increase chances of a successful turnaround.One of them is the clear net cash position, wh
Corporate diversity: Amazon
Re: “Amazon’s leadership team is slowly adding diversity” : Shareholders aren’t going to pressure Jeff Bezos to speed up the pace of diversity because the performance of Amazon...
Stock investors say Ramaphosa’s speech was too light on details
Market participants will look for answers in the budget speech.
Coronavirus infects more than 64,000 people globally: List of cases, countries
In Mainland China, 1,380 deaths have been reported among 63,851 cases, mostly in the central province of Hubei. Here are list of coronavirus cases in countries around the world.
Dieselgate: VW offers to pay €830m, but talks break down
Volkswagen is facing significant costs five years after its dieselgate scandal after compensation talks collapsed in Germany's largest collective lawsuit.
USD/CAD rebounds from session lows, trades above 1.3250
The USD/CAD pair dropped to a daily low of 1.3233 during the early trading hours of the American session but easily erased a large portion of its loss
Vivo to invest in local manufacture, expansion
Firm embarks on ₹7,500-crore plan
Steemit to Shift Its Proprietary Blockchain and Token to Tron Network
Tron partners with Steemit, a major blockchain-based blogging and social networking website that will be moving to Tron’s network.
Canopy Growth: Only Faint Positives
Canopy Growth beat consensus estimates for FQ3.The Canadian cannabis company still had a massive free cash flow loss of C$360 million.The stock has a fully diluted market cap of $8.4 billion and FY21
‘One should be penalised for not building green’
Mahesh Ramanujam, President & CEO, USGBC, spoke to M.A. Siraj on the sidelines of the Greenbuild India 2020 conclave. Excerpts:On the origin and objectives of USGBCThe US Green Building Counci
Stanbic IBTC creates a phenomenal experience of tech and agric
It is youth-empowering events like the “Youth Leadership Series” (YLS) organized by Stanbic IBTC Bank Plc that makes the difference.
Warren Buffett just lost $1 billion in 2 days after Kraft Heinz disappointed again
Warren Buffett lost more than $US1 billion this week after Kraft Heinz stock plummeted 11% in two days.
NSTP visit an eye-opener for Meiji University students
KUALA LUMPUR: In an effort to expose undergraduates to the working world, six exchange students from Meiji University, Tokyo under the Summer School Programme paid a visit to The New Straits Times Press (Malaysia) Berhad (NSTP) yesterday.
Legal aid payments to lawyers rose to more than €60m last year
Defence team in Mr Moonlight murder trial shared almost €1m in legal fees for 2019 work
Karnataka High Court stays CCI order against Amazon, Flipkart
‘Centre probing FEMA violation charge against e-com giants’
States Reject Opioid Makers’ $18 Billion Settlement Offer
21 U.S. states are rejecting an $18 billion offer by McKesson Corp. and other opioid distributors to resolve nationwide litigation over their handling of the highly addictive painkillers, according to people familiar with the talks.
GM Scrambles to Shield U.S. Plants From Virus Disruption
General Motors Co. is working to maintain the flow of parts to some of its most profitable U.S. plants to keep them from becoming the next factories idled by the coronavirus spreading in China.
Expert: Venezuelan Oil Production Currently at 1945 Levels
The oil-rich nation of Venezuela is producing its lowest output of oil in 75 years, according to professor Rafael Quiroz.
IMF and World Bank say poverty-stricken Somalia is eligible for debt relief
The IMF and World Bank have said that Somalia is eligible for debt relief under the Enhanced Heavily Indebted Poor Countries (HIPC) initiative.
LIC Housing Finance asks 14 developers to seek AIF funding
Experiencing growth in the sector, things will improve: MD
This Stings: Coronavirus Comes for the Fiat 500L
The automaker announced Friday that the plant, home to the unloved Fiat 500L, will be offline until sometime late in the month. If U.S. inventory suffered, would anyone notice?
Transocean February 2020 Fleet Status Report Analysis
Transocean publishes its new fleet status report.The report contains a number of developments, but most of them have been reported before.There's still absolutely no light at the end of the tunnel for
Final electoral roll released for Vellore, Tiruvannamalai
Final tally of voters in Vellore stands at 12,39,453
Wyndham, the world’s largest hotel brand, has temporarily closed 70% of its hotels in China in response to the coronavirus outbreak
Wyndham Hotels has temporarily closed approximately 1,000, or 70%, of its 1,500 hotels in China in response to the coronavirus outbreak, Wyndham CEO Geoff Ballotti said on an earnings call with investors on Thursday.
Karnataka is aligned with PM Modi’s$ 5 trillion economy aim: CM
Yediyurappa inaugurates Invest Karnataka-Hubballi Conference
Kraft Heinz downgraded to junk status by Fitch Ratings
Food firm ends up with massive debt load due to deals and jeopardised credit ratings
Vellore entrepreneurs welcome capital subsidy increase
The Vellore District Micro and Small Entrepreneurs Association (VDMSEA) has welcomed the budget proposal for an increase in subsidy for investments in MSMEs. In a press release issued here, VDMSEA pre
River Island’s Irish profits jump more than 50%
Gordon Deegan Pre-tax profits at the Irish arm of fashion retailer River Island increased by 53% to €4.89m in 2018, newly-filed accounts show.
Sical Logistics posts Q3 loss of ₹48 crore
Sical Logistics Ltd. an integrated logistics provider and unit of the Coffee Day group, has posted a net loss of ₹48.28 crore for the third quarter ended December 2019 against a profit of ₹7.96 crore
Alnylam: RNAi Treatment Sales And Pipeline Excite But Profitability A Concern
Alnylam is chiefly responsible for a resurgence amongst RNAi based drug developers after Onpattro - a treatment for hATTR amyloidosis - was approved by FDA in August 2018.The drug achieved sales of $1
‘Overzealous interpretation of law poses risk to independent directors’
Penalising them for a company’s action would be counter-productive: Sinha
Pluralsight: Playing The Value Game
Shares of Pluralsight plummeted nearly 10% after reporting fourth-quarter results, despite beating Wall Street estimates on the top and bottom line.Investors mulled an in-line revenue guidance for FY2
After SC's warning, govt orders telcos to clear dues by 11.59 pm tonight
After Supreme Court threatened contempt proceedings against top executives of of Bharti Airtel, Vodafone Idea and other telecom firms, the telecom department on Friday began issuing orders, asking firms to clear past dues immediately. The government has also asked telecom companies to pay their dues by 11.59 pm tonight
STMicroelectronics Waiting on the IoT
STM stock has risen 85% over the last six months as it beat analyst estimates and predicted continued improvement in 2020
Salaries and wages commission develops five-year strategic plan
Ifeanyi Onuba, Abuja The National Salaries Incomes and Wages Commission has developed a five-year strategic plan to enable it achieve its mandate. The Acting Chairman of the Commission, Ekpo ...
Macy's: Closing Stores Is Only One Piece Of The Puzzle
M is closing 125 stores and cutting 2,000 corporate jobs.Cutting corporate costs is only the first step.M must get more throughput from remaining stores and rapidly grow online sales.Until it arrests
Apple reopens Beijing stores with temperature checks, limited hours, crowd control
Beijing's Apple Stores are open for about half the hours that they are normally, and are subjecting visitors to temperature checks and maximum occupancy limits because of the coronavirus outbreak.
Data Shows Bitcoin’s Progression From Retail To Institutional Asset
As Bitcoin matures, a wider range of investors begins to consider the asset as an investment to add to their portfolios. New data shows exactly how
Canada: CPI inflation is projected to firm to 2.4% in January – TD Securities
Previewing next week's macroeconomic data releases from Canada, "CPI inflation is projected to firm to 2.4% in January on a combination of a 0.3% m/m
The Highly Accurate Ethereum Golden Cross is Forming, Is a Major Rally Incoming?
Ethereum's stellar performance of late has seen it gain 113% in the six weeks since the start of the year. This achievement reversed a six-month downtrend
Pakistan has achieved all economic goals, IMF says
--Global financial body says 'govt has made considerable progress in last few months to advance economic reforms' The International Monetary Fund (IMF) on Friday announced that Pakistan
S/4 HANA Migration Really Doesn’t Have to Be that Complicated
Planning your SAP S/4 Hana migration: 8 key steps to success.
Supreme Court orders Indian telcos to pay $13bn or face action
The court has threatened contempt proceedings against the companies and Department of Telecommunications government officials for non-compliance with that ruling.
Irish whiskey sales in US on the up as American spirits exports plunge due to tariffs
It marks an even better year for Irish whiskey than 2018 when US sales topped $1 billion for the first time ever.
Largest Blockchain Social Media Steemit Joining TRON’s Ecosystem
The world's largest decentralized and blockchain-based social media, as well as a blogging platform, Steemit, announced a strategic partnership with the
Apple Stores in Beijing screening customers, limiting crowds due to coronavirus
After reopening five of its Apple Stores in Beijing, China, Apple is screening potential customers at the door due to concerns with the coronavirus.
Don’t let the coronavirus scare have you turning bearish on equities
The economic fallout with be transitory in nature
Irish homeowners with €300k mortgage paying €229 more a month than euro area average
Irish homeowners with a €300k mortgage being repaid over 30 years are paying €229 more a month than their euro area counterparts, according to figures released today by the Brokers Ireland group.
Yobe approves N220.7m for payment of LG retirees
Yobe Governor, Mai Mala Buni has approved N220.7 million for the payment of retirement benefits to180 retirees from the 17 local government
Virgin Galactic's record-breaking week doesn't stop short-sellers
Richard Branson’s Virgin Galactic Holdings Inc. may close at another record on Friday after hitting new highs every day this week, but bearish bets are climbing too.
PMO to banks: NCLT cannot be escape route, refer only NPAs of over ₹200 cr
Move to prevent closure of firms and job losses
3 of the best ASX dividend shares to buy next week
Why I think income investors should buy Telstra Corporation Ltd (ASX:TLS) and these ASX dividend shares next week
Energoatom generates 7.8 bln kWh of electricity in Jan 2020
The company's power plants sold 7.375 billion kWh of electricity over the period under review.
Amazon Prepares to Launch (Another) Grocery Store Chain
The e-commerce giant is trying something different that's ... sort of ordinary.
NEITI: Recurrent expenditure of 21 states higher than their FAAC allocations
A new report published by NEITI has shown that the recurrent expenditure of 21 states is higher than their FAAC disbursements
Tourism sector hits lean patch
It is a seasonal phase; most families do not venture out as it is exam time
CBDT notifies forms for firms to avail lower corporate taxes
The income tax (I-T) department has notified forms for companies to avail the reduced corporate tax rates that were announced in September last year. The Central Board of Direct Taxes (CBDT) has
Open to tweaking Budget to address concerns of the industry, says FM
Finance ministry to come out with detailed rules on Vivad Se Vishwas Bill in a couple of days
NY Fed's GDP Nowcast drops to 1.4% for first quarter of 2020 from 1.7%
The US economy is expected to expand by 1.4% in the first quarter of 2020, the Federal Reserve Bank of New York's latest Nowcasting Report showed. "Ne
Canopy Growth shares surge after reporting smaller-than-expected loss
To pacify investors impatient for profits, Canopy and its rivals started the year by announcing a wide range of cost reductions
Enbridge raises bets on U.S. Gulf Coast LNG, reports higher Q4 earnings
Calgary-based Enbridge Inc. is raising its bets on the growing liquefied natural gas export sector on the U.S. Gulf Coast by buying the pipeline that would supply the proposed Rio Grande LNG export facility.
Bitcoin Rally Stalls, Bullish Recovery Depends On These Levels
Analyst Josh Rager has identified price points that could determine the movement of Bitcoin over the next few days. Bitcoin Price Hangs in the Balance
Five Covid-19 cases in Hospital Klang? Fake news, says Health Ministry (VIDEO)
KUALA LUMPUR, Feb 14 — The Health Ministry was forced again to debunk allegations of new coronavirus-positive cases in the country, this time totalling five purportedly at the Klang Hospital. The ministry explained that a video that has been circulating on the internet showing a masked...
Risks Remain, but Amarin Stock Is a Buy at Today’s Prices
With the competition floundering, Amarin stock could soar if Vascepa lives up to expectations. There's plenty of upside left on the table.
J. C. Penney Needs To Do Significantly Better Than Department Store Peers
J. C. Penney's Analyst Day is scheduled for April 7 and it is expected to provide a three-year financial outlook then.This outlook is constrained by the need to reach certain targets by 2022 in order
Zuckerberg accepts Facebook may pay more tax in different places - Politico
MUNICH — Facebook Chief Executive Mark Zuckerberg accepts that global tax reforms mean the social networking giant may have to pay more taxes in different countries, Politico reported, citing excerpts of a speech he is due to give on Saturday.
DOLE lifts deployment ban on HSWs to Kuwait
The Department of Labor and Employment DOLE) announced on Friday the lifting of the deployment ban on household service workers (HSWs) to Kuwait.
The Perils Of Late-Cycle Investing
It may well be that structured credit hedge funds constitute a sensible vehicle for riding the remaining bucks of the late bull and surviving the downturn when it arrives.Structured credit hedge funds
Japan: GDP will see a severe contraction – Westpac
Economists forecast a sharp drop in Q4 GDP for Japan, Westpac Institutional Bank reports. USD/JPY is trading at 109.805 after rising since the start o
Bitcoin Daily: US Treasury’s Mnuchin Says ‘Significant’ New Crypto Rules In Works; Spain’s FC Barcelona To Create Team Token
U.S. Secretary of the Treasury Steven Mnuchin said that the federal government would be rolling out new regulations regarding cryptocurrency soon.
Chemical plant bosses apologise after flaring lights up sky
ExxonMobil said the incident, which sparked concern among local residents, occurred as it attempts to restart the Mossmorran site.
Wells Fargo invests in crypto monitoring firm Elliptic
San Francisco-based banking giant Wells Fargo has invested US$5 million in British startup Elliptic, a provider of risk management systems for the cryptocurrency sector. The investment came from Wells Fargo Strategic Capital, the venture unit of the fourth-largest US bank by assets, as an extension of Elliptic’s US$23 million Series B funding round announced in…
Bailed-out RBS to rebrand as NatWest
Royal Bank of Scotland is calling time on its recent checkered past, rebranding as NatWest and setting out new goals to become a 'purpose-led bank' focused on enterprise, learning and climate.
SpiceJet soars 10% on 21% YoY rise in net profit; B737 may return this year
On the operational front, Passenger Load Factor came in at 91.9 per cent in Q3, with the fleet size growing to 119 aircraft as on December 31, 2019.
Ahead of Trump's visit, govt offers to import US dairy, chicken to seal elusive trade deal
India, the world's largest milk-producing nation, has traditionally restricted dairy imports to protect the livelihoods of 80 million rural households involved in the industry
Pfizer Q3 net profit climbs 5%, operational revenue up at Rs 514 cr
The company had posted a net profit of Rs 131.94 crore for the corresponding period of the previous fiscal, Pfizer Ltd said in a filing to BSE.
Factbox: Coronavirus forces delay of trade fairs and conferences
Factbox: Coronavirus forces delay of trade fairs and conferences.
FTSE 100 CAPE Valuation And Long-Term Forecast
Over the last 30 or so years, the FTSE 100's CAPE ratio has averaged 18.4. The current value of 15.6 is obviously below that, so the FTSE 100 is cheap, right?Looking at CAPE data for multiple indices
Coronavirus travel setback spreads beyond China
According to travel analytics company ForwardKeys, the travel setback caused by the coronavirus outbreak has now spread beyond China, with other parts of the Asia Pacific region experiencing a 10.5% slowdown in outbound travel bookings for March and April, excluding trips to and from China and Hong Kong. As of 9th February, the setback looks likely to be most marked in North East Asia, where outbound bookings for March & April, are 17.1% behind where they were at the equivalent moment
Inside iearn.finance: a DeFi Aggregator for Optimized Yield Opportunities
The iearn.finance platform is described "an aggregator of interest-earning DeFi opportunities."
Risk of duopoly in telecom sector higher than before: Analyst
The room for manoeuvre is now very less for operators. The situation is particularly grave for Voda Idea.
The numbers that could reward the RBA's optimism
Upbeat company profit results, better readings from consumers and another record sharemarket high are backing the Reserve Bank's optimistic view on the economy.
CGS-CIMB launches online trading platform for retail investors
With the launch of an online trading platform, PT CGS-CIMB Sekuritas Indonesia hopes to get more individuals to invest in Indonesia's stock market.
Boeing to extend labor contract with engineer's union by four years
(Reuters) - U.S. planemaker Boeing Co (BA.N) said it has agreed to a tentative deal with its engineers’ union to extend its labor contract by another four years.
Chips are down as Toshiba logs ¥145.63 billion loss for April-December
Toshiba Corp. said Friday it posted a group net loss of ¥145.63 billion ($1.32 billion) in the April-December period due to the sluggish performance of its
Frankfurt University of Applied Sciences and BARIG are partners
FRANKFURT AM MAIN - The Frankfurt University of Applied Sciences (Frankfurt UAS) and the Board of Airline Representatives in Germany (BARIG) are now partners. As BARIG’s first “Academic Partnership,” this cooperation is particularly beneficial to the part-time MBA Aviation and Tourism Management program at Frankfurt UAS. "We are very pleased about the partnership with Frankfurt UAS, which is one of the six largest universities for applied sciences in Germany," BARIG Secretary General Michael Hoppe comments. "It of utmost importance to us
SC rejects plea by telecom operators seeking more time to settle AGR dues
The Supreme Court on Friday rejected a plea by incumbent telecom operators seeking more time to settle Adjusted Gross Revenue (AGR) dues and has asked the companies to deposit dues by March 17. It wil
New Digi users can soon get the Samsung Galaxy S20 with RM0 upfront
After we’ve posted about the Samsung Galaxy S20 pre-order offer from Digi, the yellow telco has reached out to us to clarify on the hefty advance payment requirement. In our original post, we highlighted that Digi’s PhoneFreedom 365 instalment plan is demanding an upfront payment of over RM3,000 for new customers despite promising RM0 upfront as one of its key highlights.
The ABCs Of The California Gig Worker Ruling
California's ruling to deny a request to halt enforcement of AB5 spotlights the clash between the private sector and the government over the gig economy and more.
SONA 2020: Big plans that require tough action according to OUTA
Unless the promises made in SONA 2020 are followed by concrete, faster implementation South Africa will remain in a precarious state says OUTA.
India's curbs on Malaysian palm imports disrupts global edible oil trade
Malaysia's latest palm export data revealed the impact of India's restrictions, with shipments to India in January falling 85% from a year earlier to 46,876 tonnes, the lowest since 2011
Cryptocurrency Boosts Illicit Gambling on Asian Soccer Leagues
Cryptocurrency has purportedly helped to increase illegal gambling activity on soccer across the Asian continent.
Standard Life Aberdeen boss Keith Skeoch confirmed as new chair of Investment Association
Standard Life Aberdeen chief executive Keith Skeoch has been appointed as the new chairman of the Investment Association (IA), whose members manage some £7.7 trillion of assets.
Chemical plant bosses apologise after flaring lights up sky
ExxonMobil said the incident, which sparked concern among local residents, occurred as it attempts to restart the Mossmorran site.
Mersey Gateway fines hit record low thanks to new online tool
More drivers are paying the controversial £2 toll on time thanks to Merseyflow's new app
Open to bringing tweaks to budget and take steps beyond it, says FM Nirmala Sitharaman
Experts tell the Finance Minister that a Budget proposal could affect the demand for REITs and InvITs in India
Coronavirus prompts HSBC and Shell to send staff home
Employees in Hong Kong and Singapore came into contact with people infected
Reports: Glazers set final asking price for Manchester United ahead of potential sale
The Glazer family, the owners of Premier League giants Manchester United, have reportedly made it clear that they will only sell the club if they receive over £2billion, and only want to part ways with a 20-per-cent stake.
Vietnam Airlines loses up to $10.8 million a week to Covid-19 - VnExpress International
Vietnam Airlines has lost VND200-250 billion ($8.6-10.8 million) per week following flight suspension to China, the national carrier said in a statement.
NVIDIA Financial Results Fourth Quarter and Fiscal 2020 - Positive Forecasts Despite Coronavirus
NVIDIA today reported revenue for the fourth quarter ended Jan. 26, 2020, of $3.11 billion, up 41 percent from $2.21 billion a year earlier, and up 3 percent from $3.01 billion in the previous quarter...
Hong Kong actor Louis Koo to the rescue with 20,000 face masks for entertainment industry veterans
KUALA LUMPUR, Feb 14 — Hong Kong actor Louis Koo jumped in to help veteran actors and actresses facing difficulties to get face masks in light of the Covid-19 outbreak. Through the Entertainers Association, Koo managed to get 20,000 face masks which will be distributed to the industry seniors....
EU Judge Raises Prospect of Increasing Multibillion Fine Against Google
Alphabet's appeal against a multibillion-dollar fine for alleged anticompetitive behavior by its Google unit risks backfiring after a European Union court floated the prospect of increasing the fine (Warning: source paywalled; alternative source), rather than scrapping it. The Wall Street Journal re...
Reliance Jio, Airtel and Vodafone's yearly prepaid plans will help you save money: Here's how
Despite the price hike in December, the companies have not lessened the benefits and it has only gotten better.
Coronavirus outbreak impact: Digitimes Research estimates impacts on major Chinese IT sectors
The coronavirus outbreak is hitting hard the ICT industries and markets in China. provides a preliminary estimation on the impacts on four major sectors: semiconductors, display panels, handsets and notebooks. Many manufacturers in China are slowly returning to work. The pace of recovery reportedly has been faster than expected though production for many remains low. For some in the semiconductor sector, the outbreak so far has had little impact on their orders. IC testing solutions provider ...
Basf (ETR:BAS) Given a €68.00 Price Target at UBS Group
UBS Group set a €68.00 ($79.07) target price on Basf (ETR:BAS) in a report published on Monday morning, Borsen Zeitung reports. The brokerage currently has a neutral rating on the basic materials company’s stock. BAS has been the topic of a number of other research reports. Credit Suisse Group set a €66.50 ($77.33) price objective […]
Facebook’s Zuckerberg wants ‘new framework’ for digital tax
Facebook founder and CEO Mark Zuckerberg on Friday backed moves by the OECD group of free-market economies to reform the way online giants...
Analyzing Piper Sandler Companies (PIPR) & Its Competitors
Piper Sandler Companies (NYSE: PIPR) is one of 36 publicly-traded companies in the “Security brokers & dealers” industry, but how does it contrast to its competitors? We will compare Piper Sandler Companies to similar companies based on the strength of its dividends, institutional ownership, analyst recommendations, profitability, earnings, valuation and risk. Profitability This table compares […]
"Oversold" Pound Sterling finds Buying Interest
It was a sea of green for the British Pound on the global currency performance board at the start of the new week as it rallied against the majority of its peers and confirmed that while there is much anxiety over looming trade negotiations
IRS Backs Off Fortnite Gaming Currency As Reportable Income
The IRS has deleted a part of its website regarding the taxation of video game currency, perplexing gamers and others as to the question of taxing virtual cash.
British network Three joins 5G mobile club
British network Three is rolling out 5G mobile to major cities including London, Glasgow and Birmingham from the end of the month, joining its ...
Shore Capital Reaffirms Buy Rating for Frontier Developments (LON:FDEV)
Shore Capital restated their buy rating on shares of Frontier Developments (LON:FDEV) in a research note published on Tuesday, Digital Look reports. Other analysts also recently issued research reports about the stock. Citigroup reissued a buy rating on shares of Frontier Developments in a report on Tuesday. Berenberg Bank reissued a buy rating and set […]
Datacom Announces Appointment Of New Chair
Datacom Group is pleased to announce Tony Carter’s appointment as the new chair of the board following the retirement of current chair, Craig Boyce.
Sebi seeks explanation from former CARE Rating chairman, MD for interference in ratings
Markets regulator Sebi has sought explanation from erstwhile managing director and CEO, and chairman of CARE Rating for their interference in the rating process of entities including DHFL, IL&FS and Yes Bank, sources said. In a letter on February
GBP/USD drops to session lows, risks breaking below 1.30 mark post-US retail sales
The GBP/USD pair held on to its weaker tone and dropped to fresh session lows, around the key 1.30 psychological mark in reaction to the latest US mac
IOB to focus on MSME, will increase lending to Rs 50,000 cr: Official
Laying more focus on MSME segment, IOB would increase its lending to the sector from the present Rs 31,000 cr to Rs 50,000 cr in a couple of years from now.
An inside look at the debate around pandemic bonds, which have $425 million hinging on how deadly the coronavirus ends up being
A group of unique bondholders will either reap massive profits or lose hundreds of millions of dollars as the coronavirus outbreak escalates.
Proposed EU 2021-2027 budget at 1.074% of EU GNI, or 1.095 trillion euros
Chairman of EU leaders proposed the next EU 2021-2027 budget at 1.074% of the EU's gross national income (GNI), or 1.095 trillion euros, Reuters repor
Flywire Secures $120 Million Through Series E Investment Round Led by Goldman Sachs; Announces Acquisition of Healthcare Technology Platform Simplee
Flywire, a U.S.-based fintech firm that provides global payment and receivables solutions for education, healthcare, and commercial enterprises, announced on Th
Russia Leads Multinational Stablecoin Initiative
Russia is taking the lead in issuing a multinational stablecoin backed by commodities with the Eurasian Economic Union, or EAEU, and BRICS countries.
Renault reports net losses of 141 million euros in 2019
Renault said its outlook for 2020 was bleak with a fresh fall in operational profitability, a statement said Friday.
Advertising giants face ACCC inquiry into market power
Concerned about market concentration, the Morrison government has ordered an inquiry into the conduct of digital giants such as Google and Facebook, and global advertising agencies.
The inside story of a gas deal gone bad
ASX-listed Horizon Oil went from challenging a strongman in PNG to ignoring corruption warnings and paying a shell company $US10.3 million.
Europe wants G20 to make taxing digital giants top priority this year
Finance ministers and central bank governors of the world’s 20 biggest economies meet on Feb. 22-23 in Riyadh
AMP embarks on 'whole of wealth' cross-sell
The strategy unveiled by the AMP CEO has seen Bell Potter put a Buy recommendation on the stock for the first time in four years.
British bank RBS changes name in evolution to 'purpose-led' operation
Feb. 14 (UPI) -- The Royal Bank of Scotland announced Friday it will change its name to the NatWest Group later this year as part of a shift to become a "purpose-led" operation -- and distance itself from scandals related to a major bailout more than a decade ago.
DoT to finalise firm to develop spectrum auction software by March 6
The delay is likely to push spectrum auction to July-August this year, according to sources. mjunction and e-Procurement Technologies have experience to design module for spectrum auction.
South African Rand Risks Fresh Depreciation Despite SONA's Positives
The British Pound Sterling vs the South African Rand: Latest GBP/ZAR News and Analysis
The Daily Chase: Rail blockade fallout continues; Canopy rallies as revenue surges
CN said yesterday it has begun an “orderly shutdown” of its network in Eastern Canada, which forced Via Rail to halt service on all but two of its routes across the country as blockades continue to impede rail traffic.
THE AI PIVOT: How the push to adopt the advanced tech is rippling through corporate America
The rise of artificial intelligence is giving companies new capabilities to better understand consumers and automate job tasks, among other things.
Myntra appoints former Samsung executive Raghu Krishnananda as CTO
He has earlier led research and development teams in the US and India, in companies such as Yahoo, Goldman Sachs and Citibank
Mining ban has shaved ₹7,000 crore off Goa’s economy, says report
Ban has severely impacted jobs, says CMIE report
More people failed to pay property taxes in 2019: City of Regina
“The numbers are a little bit different from last year, a little bit higher.”
IRDAI to set up common electronic platform to settle health insurance claims
The Insurance Regulatory and Development Authority of India (IRDAI) is looking at setting up a common electronic platform for settling health insurance claims.The platform, which is expected to come
Canada's Telus Announces Pre-Valentine's Pledge To 'Stay Faithful' to Huawei In National 5G Rollout
In a statement ahead of Valentine's Day, the Canadian executive said it was "important" for Telus to launch its network "when the time is right", adding that his company would continue working with govenrment officials to build its networks.
VW boss says no to coal, yes to Fridays for Future
‘If Germany does not make progress on the phase-out of coal, we cannot expect others to do so either,’ writes Herbert Diess.
Trump administration postpones full ban on Huawei for another 45 days
Huawei will be able to continue buying from its American suppliers for 45 more days, thanks to the latest license extension by the U.S. Commerce Department.
Mobile banking, FinTech services under threat as critical upgrade costs soar
Digital mobile banking in Zimbabwe has matured beyond the proof-of-concept stage into mainstream adoption where it is servicing millions, driving local transact...
What's Next For U.K. Car Manufacturing After Brexit?
A major plank of the economic argument to remain in the EU was that the U.K.'s highly integrated supply chains with the EU for industries like automotive and aerospace would be catastrophically impact
Biggest Family Offices Get Direct Access to Trading Desks
Family offices with assets of at least $1 billion are increasingly bypassing private bankers to deal directly with investment bank trading desks, a Citigroup Inc. executive said.
Boston Dynamics' Robot Dog Spot Will Soon Start Working on Oil Rigs
Spot, Boston Dynamics' robot dog, is going to begin work on Aker BP's Skarv oil rig. As an attempt to move away from the dangerous roles on oil rigs, the companies are working together to find a safe solution.
GBP/EUR Update - Cabinet Reshuffle - CityAM
Reports over the weekend of tensions rising between the UK and the EU over trade negotiations meant that the pound got off to a shaky start this week.
10 things you need to know before the opening bell
This is what traders are talking about.
BPCL standalone profit zooms to ₹1,261 crore in Q3
State-owned Bharat Petroleum Corporation Ltd (BPCL) reported a standalone net profit of ₹1,260.63 crore in the October to December of FY20 from ₹495.14 crore a year ago mainly on the back of a margina
4 data center spending trends you need to know
Data center spending is likely to be feast or famine as enterprises pull back and hyperscale cloud providers build out infrastructure only to hit pause and digest.
BIR: Taxpayers should use online tax payment facilities
As the filing of the 2019 income tax returns nears, the Bureau of Internal Revenue (BIR) asked yesterday all taxpayers to make use of the online payment system which is more convenient and easy to use.
DPM: Under-quarantine Malaysians repatriated from Wuhan may be allowed home Feb 18
PUTRAJAYA, Feb 14 — The 105 Malaysians and their family members who were evacuated from Wuhan, China earlier this month will be allowed to go home in four more days if their condition remains the same, Datuk Seri Dr Wan Azizah Wan Ismail said today. The deputy prime minister said all of them...
Only 2,200 professionals in India disclosed annual income above ₹1 crore
I-T Dept shares data on income tax returns for 2018-19 via tweets
Euro Buyers see Best Exchange Rate Since mid-December as Pound Sterling Boosted by Expectations for Increased Govt. Spending under Sunak
The British Pound has advanced against the Euro for six months in a row now and the momentum has taken the GBP/EUR exchange rate back up to 1.20
Ramaphosa’s speech underscores weak SA credit outlook – Fitch
Fitch says Ramaphosa's speech left important questions unanswered.
Thales sees opportunities in India after military plans theatre commands
The first batch of RBE2 air defence radar systems will roll out from the joint venture between Thales and Reliance Defence Limited next month, Sourisse told.
Flipkart to offer 'touch and feel' experience in tie-up with kirana stores
In fashion, tie-ups with local tailors had offered huge benefit to e-commerce company in a sharp reduction in the number of returns
Royal Bank of Scotland to be renamed after 293 years
The Government-controlled bank will become NatWest Group and agreed to a 5p-a-share special dividend after profits hit £4.2bn last year.
Star fund manager's bet on $4.3 billion worth of Argentine debt is dangerously close to unraveling
Franklin Templeton and its star money manager, Michael Hasenstab, have $4.3 billion worth of Argentine bonds as the country marches towards rest...
Bitcoin Tweets Reach 2-Year High as $10K Fuels Google Interest Surge
Twitter users churn out 75,000 posts mentioning Bitcoin in a single day, as price action sees mainstream consumers pay fresh attention.
HUL tops list of ad spenders; Amazon Online India ranks second: Report
Sports platform Dream11 makes it to top 5 in ad expenditure
Gauhati High Court Recruitment 2020
Gauhati High Court Recruitment 2020Gauhati High Court has released an employment notification for the recruitment of 27 posts (existing and anticipated)
Royal Bank of Scotland to be renamed after 293 years
The Government-controlled bank will become NatWest Group and agreed to a 5p-a-share special dividend after profits hit £4.2bn last year.
What Farmers Are Reading This Week, February 7-14
This week, multiple companies released new information on equipment. Along with the equipment updates, the USDA released a new report, crop insurance received a cut, and hemp stayed in the news. If you missed anything from last week, follow the Successful Farming staff’s work in last week's recap. Read more: What Farmers Are Reading This Week, January 31-February 6
2 top ASX dividend shares to buy and hold for the next decade
Here's why you can't go past these two top ASX dividend shares as long-term investments over the next decade.
TN budget 2020-21 highlights: State's economy was strong despite global slowdown, says OPS
Tamil Nadu achieved growth of 8.1 per cent in 2018-19, says Deputy Chief Minister O Paneerselvam in his state budget speech.
DoT asks telecommunication companies to clear dues before midnight
15 entities owe the Government Rs 1.47 lakh crore
Valentine credit data crackdown delivers kiss of death for online fraud
User-initiated bans bite from today.
Focus on investment and job creation: Donald Trump's India plan revealed
Creating new jobs and boosting manufacturing is critical for Trump in his re-election bid later this year
Philippines to lift Taiwan travel ban imposed over coronavirus
MANILA/TAIPEI (Reuters) - The Philippines has lifted a travel ban that was imposed on visitors from Taiwan in a bid to control the spread of the coronavirus, and will evaluate other restrictions including those on Macau, government officials said on Friday.
Does Dr M need SDs to complete his term as PM?
COMMENTARY, Feb 14 — As many as 138 out of 222 MPs are alleged to have signed statutory declarations (SDs) in support of sitting Prime Minister Tun Dr Mahathir Mohamad staying the full term in the latest political twist enveloping Malaysia. According to news reports, the remainder denied signing...
Tobacco farmers worry over proposed hike in National Calamity Contingent Duty
‘Move will pave the way for smuggling of illegal cigarettes into the country’
German economy flatlines as eurozone growth hits seven-year low
Germany's economy is stagnating as a slowdown in spending and exports wiped out growth in the fourth quarter of 2019 with GDP unchanged.
AGI and AMA to partner GITFIC
news, story, article
Motorists to pay more for petrol, diesel as import bill rises
NAIROBI, Kenya, Feb 14- Motorists will from mid-night pay more for super petrol after the energy watchdog hiked the price of the commodity by Sh2.67 to Kenya breaking news | Kenya news today |
6 Tax Deductions You Can Claim Without Itemizing
You don't need to itemize to reap these lucrative tax breaks.
Day Trading Guide for February 14, 2020
Given below are supports and resistances for Nifty 50 futures and seven key stocks that can help in your intra-day trading:₹1241 • HDFC BankS1S2R1R2COMMENT1227121312551270Fresh short positions can be
Adani Group, Airport Authority of India ink pacts for managing Ahmedabad and two other airports
Three subsidiaries of the group – Adani Ahmedabad International Airport Limited, Adani Lucknow International Airport Limited and Adani Mangaluru International Airport Limited – have signed concession agreements with the AAI.
Investors welcome Poland's decision to freeze last coal-fueled plant project
WARSAW (Reuters) - Shares in Polish state-run utilities Energa and Enea gained on Friday after they froze financing of their joint project to build 1 a GW coal-fueled power unit, citing difficulties raising funds due to environmental concerns.
Air India sale expected in first half of next fiscal: DIPAM Secretary
The deadline for submitting the EoI is March 17
GRAINS-U.S. soybeans stay firm as market awaits return of Chinese buying
* Soybeans set for second weekly gain in a row* Market expects Chinese demand as trade deal takes effect* Wheat, corn also steady as virus concerns abate (Updates with European trading, changes)By Gus Trompiz and Naveen ThukralPARIS/SINGAPORE, Feb 14 (Reuters) - Chicago soybean futures edged higher on Friday to stay on course for a second week of gains on expectations that China will step up purchases of U.S. crop.Corn and wheat also ticked up but were heading for a weekly fall as large global supplies offset support from steady export demand.
Government willing to do more beyond Budget to boost growth, says FM Sitharaman
Sitharaman said the finance ministry will provide details of the scheme soon
Kerala Nirmal Lottery NR-160 Today Results announced: First Prize is worth Rs 60 lakh!
Kerala Nirmal Lottery NR 160 Today Results: The first prize winner is ticket number NF-101793 which bagged a whopping Rs 60 lakh. The second prize was drawn by ticket number NJ-293905 which bagged Rs 5 lakh.
Romanian economy slows down to 4.1 percent in 2019
The Romanian economy slowed down to 4.1 percent last year, after 4.4 percent in 2018 and 7.1 percent in 2017, show flash estimates released by...
German economy stagnates in sign of Europe's difficulties
FRANKFURT, Germany (AP) — Growth ground to a halt at the end of the year in Germany, Europe’s largest economy, as manufacturing remained in a slump and exports fell, official figures showed Friday.The flat reading underlines the challenge facing the broader eurozone economy as it struggles against headwinds from the U.S-China trade dispute and Britain's departure from the European Union.Both the German and eurozone figures were the weakest since 2013, when the region was suffering from a debt crisis that nearly spelled the end of the euro currency.Germany's state statistics agency said Friday there was zero growth in the fourth quarter and a mediocre 0.6% increase for the whole year.
When The Facts Change
The coronavirus is a human tragedy, but the markets remain sanguine.A slowing of global growth is already factored into market expectations.Further central bank easing is expected to calm any market f
Over 15 tonnes of used cooking oil dispatched from Madurai to Telangana for bio-fuel production
The oil was collected from 222 shops in the city that used more than 40 litres of oil a day
Malaysia, China affirm commitment to jointly combat Covid-19
PUTRAJAYA: Malaysia and China are committed to strengthening cooperation and mounting a concerted effort to overcome the ongoing Covid-19 coronavirus outbreak which has so far killed nearly 1,500 people in the republic.
Netherlands: GDP grew 0.4% in all quarters of 2019 – ABN Amro
Gross domestic product (GDP) increased in the fourth quarter in the same numbers as did in the previous quarters of 2019. Senior economist at ABN Amro
China reports 5,000 new coronavirus cases, cruise ship disembarks in Cambodia
China's coronavirus outbreak showed no sign of peaking with health authorities on Friday reporting more than 5,000 new cases, while passengers on a cruise ship blocked from five countries due to virus fears finally disembarked in Cambodia.
How to save money on car insurance—10 ways
Lowering your auto insurance bill doesn’t mean you have to sacrifice coverage or customer service.
Axfood And ICA 2019 Reports - Dividend Increases
In this article, we'll review both Axfood and ICA-gruppen FY19 results. Both companies increased their dividends for the year, albeit only in the 3-4% range.Both companies provided excellent FY19 perf
This is how long it will take for the wind industry to add energy to the grid
SAWEA has asked for clarity on the planned sequence, to ensure that momentum is not lost.
WHSmith moves Daily Telegraph from ‘news’ to ‘magazine’ section of stores
Move by UK retailer comes as publisher grapples with decline in sales
Dwolla co-founder Milne to step away from CEO role
Dwolla co-founder Ben Milne is quitting as CEO as the company embarks on a new "go to market" strategy.
Forget saving money! I’d invest using these 3 Warren Buffett tips
I think adopting a value investing strategy such as that used by Warren Buffett could be a better idea than having cash savings.
Singapore woos world’s biggest money managers with new law
The law, known as the Variable Capital Companies Act, makes it easier for overseas and domestic entities to register funds in Singapore if they have a locally based fund manager.
IHS Markit Teams to Use Credit Benchmark’s Credit Analytics Tools for its Securities Financing Platform
IHS Markit has confirmed that it has teamed up with Credit Benchmark in order to use the company’s credit risk analytics tools for its securities financing so
Senior IAS Officer Rajiv Bansal Appointed Air India’s New CMD
Senior IAS officer Rajiv Bansal was on Thursday (13 February) named the Chairman and Managing Director of national carrier Air India.
Mark Zuckerberg 'accepts' Facebook may have to pay more tax in Europe
Facebook boss Mark Zuckerberg says he recognises that tech giants may to have pay more tax in Europe in future and understands the "frustration".
Sony Is Struggling With PlayStation 5 Price Due To Costly Parts
Scarce components have pushed the manufacturing costs for Sony's next PlayStation to around $450 per unit, forcing a difficult price-setting decision in its battle with Microsoft, Bloomberg reported Friday, citing sources. From the report: The Japanese conglomerate is preparing to gradually replace ...
NZD/USD extends sideways grind below 0.6450 ahead of US retail sales data
After rising toward the 0.6500 handle on the back of the Reserve Bank of New Zealand's hawkish policy outlook on Wednesday, the NZD/USD pair lost its
"No Rollbacks": BitMEX Says After 62% XRP Flash Crash
XRP saw a "flash crash" on the BitMex exchange, with the asset's price plunging by 50% in a few minutes' time.
Mark Carney sees silver lining in Brexit hit to economy
Mark Carney has said there may be a silver lining to Brexit and welcomes the Prime Minister's plans to address weak productivity.
Opinion: How Justin Trudeau can turn a lose-lose Teck decision into a delicate victory
By approving the Teck Frontier oil sands mine under the greenhouse-gas vows that Alberta Premier Jason Kenney has laid out, Mr. Trudeau can use the free market to wiggle his way out from between a rock and a hard place
Top Analyst Confirms $100,000 Bitcoin Price Target For End of 2021
A prominent analyst hailing from institutional markets in Europe recently threw his weight behind a prediction that Bitcoin will trade at least as high as $100,000 by the end of 2021
FIRS boss, Nami discloses why FIRS failed to meet revenue target under Fowler
The reasons why the FIRS failed to attain its tax revenue projections under former Executive Chairman, Babatunde Fowler, has been disclosed.
Aviation finance sector looking vulnerable
High aircraft values and low lease-rate factors which do not reflect the commercial and operating risks facing airlines leave the aviation finance industry in a vulnerable state in 2020, says Scope Ratings. Scope expects little change to lease-rate factors in the first half of the year. The slowdown in the global economy will rub off on the aviation industry. More airline defaults and further consolidation are likely in 2020, though stability in oil prices will help the industry keep costs under
Coronavirus death toll in China reaches 1,380, confirmed cases near 64,000
The new strain of coronavirus originated in the Chinese city of Wuhan and has since then spread to several countries across the world, including India
New GST filing format, e-invoicing to help in reporting for taxes: GSTN CEO
There is a need for standard to ensure complete interoperability, he said
Filipinos stranded in Taiwan cannot extend their visa-free stay — Banayo
The Manila Economic and Cultural Office (MECO) has reminded stranded Filipinos in Taiwan that they cannot extend their visa-free stay in the country.
Hana Financial signs W77b deal to acquire The-K Non-Life
Hana Financial Group said Friday it had inked a sales and purchase agreement with the Korea Teachers’ Credit Union to buy a 70 percent stake in The-K Non-Life Insurance for 77 billion won ($65.1 million). This is the first acquisition deal for Korea’s third-largest banking group since the takeover of Korea Exchange Bank in 2013. The-K Non-Life will become the 14th affiliate and second insurer arm t...
Johor MB: Purchase of new Toyota Camry for excos made after assessment by PWD
MUAR, Feb 14 — The recent purchase of new Toyota Camry cars for Johor executive council members was made after assessment by the Public Works Department (JKR), said Mentri Besar Datuk Dr Sahruddin Jamal. He said the state government had bought 15 Toyota Camry cars to replace the...
Former Bellamy’s director Jan Cameron charged after ASIC investigation
Former Bellamy's Australia director Jan Cameron will appear in the Hobart Magistrates Court on criminal charges after an investigation by the Australian Former Bellamy's director Jan Cameron failing to disclose her full interest in the infant formula company when it listed on the ASX in 2014, according to the corporate watchdog.
Coronavirus outbreak: SpiceJet suspends Delhi-Hong Kong flights from Feb 16-29
The flights from Delhi to Hong Kong in China have been suspended from February 16-29. IndiGo and Air India have already suspended all their flights between India and China.
It’s Time to Plug into PLUG Stock
Another deal and a technical big deal on the price chart puts PLUG stock into buying position for continued momentum.
Wall Street opens slightly higher following mixed US data
Wall Street's main indexes started the day slightly higher on Friday as investors assess the latest batch up of macroeconomic data releases from the U
Tesla prices its second offering of stock at US$767 apiece
Tesla priced its second offering of stock at US$767 apiece Friday.
RPower net profit declines 57 pc to Rs 49 crore in Dec quarter
Reliance Power (RPower) on Friday said its consolidated net profit has dipped over 57 per cent to Rs 49.39 crore in the December 2019 quarter, mainly due to lower income. The company's consolidated net profit had stood at Rs 116.44 crore in the
The false promise of “renewable natural gas”
It’s no substitute for shifting to clean electricity.
Covid-19: DPM confirms foreign ships refusing to share essential info barred from docking in Malaysia
PUTRAJAYA, Feb 14 — Malaysia will not allow any foreign vessel that refuses to share essential information to dock in the country, Datuk Seri Dr Wan Azizah Wan Ismail said today amid reports of recent attempts by two Hong Kong cruise ships. The deputy prime minister said the decision was made in...
CannTrust names new CEO as it works to restore licences lost from non-compliance
VAUGHAN, Ont. — CannTrust Holdings Inc. says it has appointed its chief financial officer, Greg Guyatt, to be its CEO as the company works to come back from the fallout of its operation of unlicensed grow rooms. The Vaughan, Ont.
US: Industrial Production declined 0.3% in January vs. -0.2% expected
Industrial Production in the US declined 0.3% in January, the data published by the Federal Reserve showed on Friday. This reading came in slightly wo
Five months out, Japan's Olympics organisers say 'no plan B' amid coronavirus fears
Organisers for the 2020 Tokyo Olympics say they have no contingency plans for cancelling the event, despite rising fears of a coronavirus outbeak in neighbouring China. Officials said plans for the Summer Olympics to open on July 24 remained "on track", despite jolts from the virus which has infected almost 64,000 globally and killed more than 1,400, mostly in China. “The advice we’re received externally from the WHO (World Health Organisation) is that there’s no case for any contingency plans or cancelling the Games or moving the Games,” said John Coates, the head of an International Olympic Committee inspection team. Japan reported its first coronavirus death on Thursday, and is carrying out checks on passengers of a quarantined cruise ship, Diamond Princess, after the virus was found onboard earlier in February.
Trends in MSME sector growth in Tamil Nadu
Most MSMEs in Tamil Nadu were set up by entrepreneurs who said that they had the skill and motivation to set up and run a unit but a fifth of the entrepreneurs reported that their inability to find a
Market movers: Stocks seeing action on Friday - and why
A roundup of some of the North American equities making moves in both directions today
2 Well-Covered 8% Yields Below Call Value: DCP Midstream LP
DCP has two preferred issues with 12.92X distribution coverage in 2019.Both are below their $25 call value.DCP's 15%-plus common unit yield's coverage also is detailed.Earnings, growth projects, analy
Philippines to lift Taiwan travel ban imposed over coronavirus
The Philippines on Friday lifted a travel ban that was imposed on visitors from Taiwan in a bid to control the spread of the coronavirus, and
Budget: farmers disappointed
Farmers’ organisations are disappointed with the State budget in view of lack of an announcement on crop loan waiver and increase in paddy procurement price. They have expressed concern over the gover
Base metals still have demand – TDS
Analysts at TD Securities have confidence in the base metals and expect prices for copper, aluminum and lead heading north. Key quotes “There's still
FG transfers oil assets, OML 98, from PanOcean to NPDC
The Federal Government, yesterday, transferred ownership of Oil Mining Lease, OML, 98 to the Nigerian Petroleum Development Company, NPDC,
Income Tax Department busts ₹2000 crore black money racket in Andhra Pradesh, Telangana
Searches conducted by the department earlier this month covered more than 40 premises.Chandrababu Naidu’s associate was covered in the search operation
Brexit investments paying off for UK mining companies
UK mining sector earnings have increased by over £2bn since the UK voted to leave the EU in June 2016, according to analysis of the latest ONS figures.
RISE OF THE CIO: How the digital revolution is changing the role and making it a critical part of the C-suite
Business Insider explores the minds of top CIOs leading tech overhauls to see how they're dealing with the changing duties of the role.
Ericsson: Our 5G technology is better any anyone's
Some have claimed Ericsson is behind Huawei, but Swedish firm fights back.
Tesco 'unlawfully' blocked rivals from opening nearby stores, CMA finds
Tesco has been told to stop illegally blocking rival supermarkets from buying its land or leasing nearby sites by the [...]
6 Chinese medical workers die, 1.7K infected by virus
Confirmed cases in mainland China rose to 63,851 by the end of Thursday, up 5,090 from the previous day. The death toll rose 121 to 1,380.
Puerto Rico loses millions in email phishing scam
Authorities have frozen $2.9 million but haven't revealed how much money was stolen.
United Bancorporation Of Alabama: Annual Update On Alabama's Southern Banking Belle
United Bancorporation of Alabama has exceeded most of our expectations over the last two years. The company's operating performance has benefited from some nonrecurring items, especially awards relate
Improving cybersecurity is imperative
As the custodian of the people's property and their most confidential information, the government has the responsibility to have secure and safe cybernetic systems, with maximum internal controls and administrative protocols that effectively prevent any fraudulent action.
Statement at the Conclusion of the IMF Mission to Pakistan 2020
An International Monetary Fund (IMF) Mission led by Ernesto Ramirez Rigo visited Islamabad during February 03-13, 2020 to initiate discussions on the second review of the authorities’ economic reform program supported under the Extended Fund Facility (EFF) arrangement. At the conclusion of the visit, Ramirez Rigo made the following statement released on February 14: “The IMF staff team had constructive and productive discussions with the Pakistani authorities and commended them on the considerable progress made during the last few months in advancing reforms and continuing with sound economic policies. The mission and the authorities made significant progress in the discussions on policies and reforms. In the coming days progress will continue to pave the way for the IMF Executive Board’s consideration of the review. “The macroeconomic outlook remains broadly as expected at the time of the first review. Economic activity has stabilized and remains on the path of gradual recovery. The current account deficit has…
GSA and NIC hold sensitisation forum on Cargo Insurance Draft Protocol
news, story, article
CPP Investment Board posts 3.6 per cent rate of return for its third quarter
TORONTO — The Canada Pension Plan Investment Board says it earned a return of 3.6 per cent during its most recent quarter, after expenses. Net assets for the Toronto-based fund manager grew to $420.4 billion as of Dec. 31, up from $409.
3 Defense Stocks for Geopolitical Turmoil
International conflict can bring investing opportunities. Here are three defense stocks to consider in these uncertain times.
The IRS won't ask you to report 'Fortnite' V-Bucks on tax returns
The agency's overall approach to in-game currency isn't clear, though.
Canadian officials helping in Japan after 12 Canadians contract virus on ship
Foreign Affairs Minister Francois-Philippe Champagne says Canadian health workers are assisting in Japan after 12 Canadians contracted the novel coronavirus while on a cruise ship.
FG transfers oil assets, OML 98, from PanOcean to NPDC
The Federal Government, Friday, transferred ownership of Oil Mining Lease, OML, 98 to the Nigerian Petroleum Development Company, NPDC
USD/CAD slides to 2-week lows, further below mid-1.3200s
The USD/CAD pair maintained its offered tone through the early North-American session and dropped to fresh two-week lows, around the 1.3235 region in
Tesla Sold Shares at Steepest Discount It’s Ever Given Investors
Tesla Inc. investors who got in on Thursday’s share sale received the steepest discount the electric-car maker has offered in its 10-year history as a public company.
Pulses import may fall 60% next fiscal on good crop expectations: IPGA
There would be lower imports next year also because traders might not be able to buy from overseas market, taking advantage of loopholes in the import quota order
Volkswagen to shut coal-fired power stations at main factory to cut CO2
FRANKFURT (Reuters) - Volkswagen (VOWG_p.DE) is shutting down two coal-fired power stations at its main plant in Wolfsburg, Germany and has declined offers to sell them to cut down the company’s carbon dioxide emissions, Chief Executive Herbert Diess said on Friday.
CBDT notifies 10-IC, 10-ID forms for firms to avail lower corporate taxes
Form 10-IC will have to be filed by the companies that wish to avail the beneficial rate of 22 per cent upon relinquishment of the exemptions/incentives offered under the Income Tax Act.
Carney says business must come clean quickly on climate
LONDON, Feb 14 — Bank of England Governor Mark Carney called on the world’s businesses to publish strategies for cutting carbon emissions and adopting cleaner power sources by November, when world leaders meet in Scotland for UN-led climate talks. “It’s not just green assets and divestment...
New Helen Clark Foundation Report Urges Capital Gains Tax
A new report into New Zealand's shortage of affordable housing has called for a capital gains tax.
Coronavirus could mean $5 billion in airline losses: UN agency
"Prior to the outbreak, airlines had planned to increase capacity by nine percent on international routes to/from China for the first quarter of 2020 compared to 2019," ICAO said in a statement.
These were the best performing ASX 200 shares last week
The IDP Education Ltd (ASX:IEL) share price was among the best performers on the ASX 200 last week…
‘Grinding Into Her Buttocks’: PNC Bank to Pay Millions to Black Employee After Allegedly Failing to Protect Her from White Customer’s Harassment
PNC Bank could have to pay a pretty penny to settle a case of workplace sexual harassment after a former employee says the bank failed to shield her from
Tactical Asset Allocation Views (February 2020)
China and the rest of Asia are likely to see the most pronounced decline in growth for Q1 2020, as economic activity is disrupted from quarantines, factories shutdowns and canceled transportation serv
China's Xi says to fix problems exposed during coronavirus outbreak: state TV
BEIJING (Reuters) - Chinese President Xi Jinping said on Friday the ruling Communist Party must fix various problems, loopholes and weaknesses exposed during the current outbreak of the coronavirus, state television reported on Friday.
5 things to know for Friday, February 14, 2020
For the first time in three decades, VIA Rail has cancelled services across Canada as a result of ongoing pipeline protests. Here's what else you need to know to start your day.
Philippines to lift Taiwan travel ban imposed over Covid-19
MANILA, Feb 14 — The Philippines has lifted a travel ban that was imposed on visitors from Taiwan in a bid to control the spread of the coronavirus, and will evaluate other restrictions including those on Macau, government officials said today. The decision followed a warning by Taiwan, which has...
Aphria Stock Isn’t Profitable Enough to Be Worth the Risk
Aphria's results indicated that its profitability is weakening. As a result, Aphria stock is unattractive at this point.
Consumer sentiment hits highest level since 2018 despite coronavirus outbreak
American consumers were increasingly optimistic about the economy this month despite a deadly viral outbreak. The University of Michigan said Fr...
What every Canadian investor needs to know today
A look at the morning’s market action
Malema not convinced by Ramaphosa’s jobs plan
Julius Malema said Ramaphosa continued to create long-term plans focused on consultations, which have had little results ...
China coronavirus death toll nears 1,400
China reports 5,090 new coronavirus cases in mainland, 121 new deaths
Biggest jump in world defence spending in 10 years: study
Global spending on defence rose by four percent in 2019, the largest growth in 10 years, led by big increases from the US and China, a study said Friday.
SBI a value play, buy Page Industries on dips: Rahul Shah, MOFSL
The economy is bottoming out and rural consumption is definitely growing. Plus, this quarters numbers have been fairly decent. I do not think there could be any more pain here for the auto sector in coming month, says Rahul Shah, Vice President, Broking & Distribution - Motilal Oswal Financial Services.
Irdai concerned over rising hospital tariffs, plans to standardise charges
"We plan to introduce a system in which people will have the liberty to choose their TPAs," Irdai member said
Poland: No hurry to raise interest rates – ABN Amro
Economists at ABN Amro analyze the outlook for the Polish economy in 2020, which is expected to grow at a slower pace. EUR/PLN is dealt at 4.2426 as h
Major roading contract awarded
Fulton Hogan have won the road maintenance contract and will officially take over the work in May 2020.
Valaris February 2020 Fleet Status Report Analysis
Valaris releases its new fleet status report.There is a number of developments on the floater front, but jobs remain short-term in nature.The company also announces several rig retirements.
Income and Growth Investors Will Benefit as CVS Adopts Managed Care
CVS stock should attract both income and growth investors as it leads the trend of managed care against competitor UnitedHealth.
SpiceJet reports 21% rise in Q3 profit to ₹78 crore
If the airline had not recognized such ‘other income’, it would have reported a loss of ₹173.19 crore.Expenses at the airline increased by about 56% from a year ago to about ₹3,848.61 crore in Q3
Adani Enterprises signs 50-year agreements with AAI for 3 airports
Having won bids, AEL had also set up a subsidiary Adani Airports Ltd which would operate, manage and develop the airports
The Market Place: Sky Bet Movers, Price Boosts and Trader Tip
Penny Marlow at Fakenham is the best-backed horse of the day with Sky Bet. We have all the movers, Price Boosts plus a traders' tip.
HC stays CCI’s order for investigation on Amazon, Flipkart
The Karnataka High Court on Friday stayed the January 13 order of the Competition Commission of India initiating an investigation to find out whether e-commerce majors Amazon and Flipkart have violate
Worried About Retirement? 3 Moves That'll Help You Change Your Mindset
If the idea of leaving the workforce is making you anxious, these steps are a must.
Tata Motors supplies Tigor EVs to Gujarat Vij Company
Tata has stepped up its efforts in the e-mobility segment and delivered the first batch of EVs in Gandhinagar and Ahmedabad. Click to know more.
Lumber Is Quietly Rising
Lumber has not followed crude oil and copper.An industrial commodity for construction.Rates in the U.S. favor new home building.Levels to watch in the lumber futures market.The futures are dangerous;
Philippines scraps coronavirus Taiwan travel ban
Manila says Taiwan had imposed strict measures against spread of Wuhan virus
Common portal for health insurance claim settlements on the cards
Regulator aims to usher time-bound settlement of claims and eliminate disparity in charges among different for some common procedures
SocGen invests in life assurance startup that offers cheaper premiums for fitness band wearers
Societe Generale has invested EUR1.1 million in a Czech online life assurance startup that offers discounts on premiums in return for a healthy lifestyle.
'No law left in country?' SC raps DoT officer on staying top court on telcos' AGR dues
The Supreme Court on Friday directed the managing directors and directors of telcos and other firms to explain why contempt action be not taken against them for non-compliance of its order to pay
State apprehensive over Indo-U.S. trade talks
Sunil Kumar writes to Centre seeking safeguards for farmers
Tax service suddenly halts thousands of provisional tax refunds; MPs want explanation
The Tax Authority suspended the provisional tax refund of 124,000 people in January, a significant increase compared to the between 79 thousand and 82 thousand halted in 2017, 2018 and 2019.
Huawei, Meng face new US charges of trade secrets theft
Chinese tech giant Huawei has been hit with fresh US criminal charges alleging a "decades-long" effort to steal trade secrets from American companies.
PAN to become inoperative after 31 March if not linked with Aadhaar: Income Tax department
The deadline for linking of PAN and Aadhar has been extended several times and the current deadline ends on 31 March, 2020.Till 27 January, 2020, over 30.75 crore PANs have already been linked to Aadhaar.
CPPIB reports 3.6% rate of return after expenses in third quarter
Net assets for the Toronto-based fund manager grew to $420.4 billion as of Dec. 31, up from $409.5 billion at the end of the previous quarter.
Rs 77.94 Crore Mega Food Park, 8 Agro-Processing Clusters To Be Set Up In Tamil Nadu: Deputy CM Panneerselvam
Tamil Nadu government has approved setting up of mega food park and eight agro processing clusters in the state, said Deputy Chief Minister O Panneerselvam.
66% of Older Workers Will Experience This Devastating Retirement-Planning Setback
It's a risk that nobody can completely avoid.
US core retail sales unchanged in January
WASHINGTON, Feb 14 — US consumer spending appears to have slowed further in January, with sales at clothing stores declining by the most since 2009, which could raise concerns about the economy’s ability to continue expanding at a moderate pace. The Commerce Department said today retail sales...
Street's Most Famous Bear Worries Retail Investors Don't Appreciate Corporate Debt Risk
Albert Edwards gave an interview to Bloomberg this week, and much of the discussion centered around the risks embedded in investment grade debt.There's a ton of nuance to this discussion, and I want t
Momo: Cheap By Any Metric
MOMO is a fast growth, Chinese tech company with a gigantic addressable market that is priced like a value stock.MOMO is cheap compared to other dating app/site companies and other Chinese social medi
Vodafone's India operation on brink of bankruptcy after court ruling
India's Supreme Court has rejected an application to delay the payment of billions of dollars in backdated taxes and penalties that bankrupt Vodafone Idea.
Best Drill Interceptions In The Metals Mining Sector For The Week Ended February 9, 2020
Walker River with Bonanza grade gold interception in Nevada.Gran Colombia discovers new high-grade gold zone at Marmato in Colombia.Erdene continues to deliver good drill results from its Mongolian pr
FG to get N245.6bn China loan for section V of East-West road
The Federal Government has applied for N245.6 billion loan ($800m) from the China Exim Bank for the construction of the Section V of the
Government willing to do more beyond Budget to boost growth: Finance Minister Nirmala Sitharaman
The finance minister had similar interactive sessions in Mumbai, Chennai and Kolkata last week.
Duterte promotes local tourism amid COVID-19 scare
President Duterte has urged Filipinos to travel with him around the Philippines amid growing concern over the threat of the coronavirus disease (COVID-19) in the country.
HubSpot: A Growth Stock For The Long Term
Shares of HubSpot rocketed up more than ~7% after the company reported Q4 results and released FY20 guidance.The company is also projecting continued strong ~25% y/y revenue growth in FY20.Perhaps mor
DA allocates P3.7 million for Negros Oriental abaca, cotton farmers
CEBU CITY – The Department of Agriculture (DA) and the Fiber Industry Development Authority (FIDA) allocated about P3.7 million in financial assistance for the development and expansion projects of abaca and cotton farmers in Negros Oriental.
AGR case: DoT officer who faced SC's wrath issued order after senior's nod
He had issued an order saying no coercive action should be taken to recover Adjusted Gross Revenue (AGR) dues from telecom firms after expiry of the deadline set by the apex court
Gold: Investors keep the bright metal with fondness
The yellow metal is ending the week with modest gains around $1,575.00 a troy ounce, recovering some of the ground it lost in the previous one. Valeri
Osinbajo is why we are impacting Nigeria - Google
Google, one of the leading tech giants has commended the efforts of Vice President Yemi Osinbajo in helping the organization achieve remarkable success in Nigeria.
MoUs for investment of more than Rs 1 lakh cr are being signed: BS Yediyurappa
Karnataka Chief Minister B S Yediyurappa stated that MoUs for investment of more than Rs one lakh crore at different places in North Karnataka region are being signed. He made the announcement at
Shree Cement's Dec-quarter pre-tax profit up 2.8% at Rs 409 crore
PBT in Q3 of the last fiscal year stood at Rs 398.5 crore
Students tell all about Open Africa Power 2020 experience
Three students that participated in Enel Foundation's Open Africa Power 2020 programme, give their impression of the programme.
Consulting firms lead recruitment at IIMB
Made 147 offers; overall, 428 students got 518 offers
Africa's wealthiest man, Aliko Dangote, acquires additional shares worth $3.99 million in his Cement business
Africa's wealthiest man, Aliko Dangote, has acquired additional shares worth $3.99 million (N1.45 billion) in his publicly-listed company, Dangote Cement.
Numsa vows to appeal after court rejects bid to block SAA job cuts
An application by two trade unions to block job cuts at struggling state-owned airline SAA was rejected by the country's labour court.
As Boeing jets sit idle, Airbus can’t make planes fast enough
The troubles plaguing Boeing after the yearlong grounding of its 737 Max plane have created an unusual opening for its chief rival, Airbus, to swoop in and grab business. There’s just one hitch: Airbus is in no position to benefit.
Interim EconMin Popescu in Mangalia: I am very pleased with how Damen Shipyard developed
Interim Minister of Economy, Energy and Business Environment Virgil Popescu has stated on Friday, during a visit paid to the Damen Mangalia...
Kuala Lumpur and Shenzhen events postponed due to coronavirus outbreak
(Reuters) - The Maybank Championship to be held in Kuala Lumpur and the Volvo China Open in Shenzhen that were both scheduled for April have been postponed due to the coronavirus outbreak, the European Tour announced on Friday.
Cosatu says SA seeks to cut 30 000 state jobs, freeze pay
That’s part of the state’s proposal to reduce its wage bill, according to the union.
Flood-affected people threaten agitation over unkept promises
Officers admit that additional amount announced by CM yet to be paid to farmers
2019 brings first and highest current account surplus since 2001
Turkey achieved a higher-than-expected current account surplus in 2019, its first and highest surplus since 2001, official data showed Friday. Having...
Jes Staley’s Jeffrey Epstein issue is just the latest Barclays tangle
Here’s why running this particular British bank is like riding a rollercoaster
DoT's Jan 23 order issued without telecom minister, secy consent: Sources
A senior government official privy to the development said the January 23 order was issued by the DoT without the consent of the telecom minister or DoT secretary
RAF Mildenhall Closure Delayed Until At Least 2027
The decision to close the base was first made in 2015.
Pound-to-Dollar Rate Retreats from Greenback but Charts Point Higher
The British Pound vs the US Dollar: GBP/USD News and Conversion Level for Pounds to Dollars
Nigerian military team calls on Tourism Minister
news, story, article
Tesla China resumes Model 3 deliveries after shutdown due to coronavirus outbreak
Tesla has resumed deliveries of its Made in China Model 3. The deliveries come after a government-mandated shutdown of production and deliveries amidst the outbreak of the coronavirus in the country. Tesla enthusiast Jay in Shanghai uploaded a video on Twitter showing several vehicle haulers with Model 3s loaded up and being secured onto a […]
Europe Seeks To Have G20 Tackle Tech Firm Taxation
Europe now wants global financial leaders in the G20 to make taxing digital giants a priority in 2020.
China’s capital Beijing imposes 14-day quarantine on arrivals
BEIJING (Reuters) - The Chinese capital Beijing is imposing a 14-day self-quarantine on all those returning to the city, and will punish those who refuse to quarantine themselves or follow official rules on containing a new coronavirus, city authorities said on Friday.
Adani arm, AAI ink pact for 3 airports
Adani Enterprises Limited (AEL) on Friday signed concession agreements with Airports Authority of India (AAI) for operating, managing and developing three airports — Lucknow, Mangaluru and Ahmedabad —
Finance technology takes lion's share of investment in 2019
Fintech startups worldwide managed to attract over 30% more investments last year compared to 2018, taking the lion's share of investment deals, while fintech startups in Turkey inked 17 investment deals worth $8.4 million
JD.com is Still a Better Pick Than Alibaba Stock
Alibaba's China retail business is slowing and it will likely be hit hard by the coronavirus. That makes JD a better pick than Alibaba stock.
Vinay Dube appointed as GoAir CEO
As GoAir CEO, Vinay Dube would be responsible for the management of the airline and also for meeting the goals and long-term growth objectives of the company
Chinese pharma firm in Dundalk suspends travel to and from China
WuXi said it prioritised its employees’ ‘health, safety and wellbeing’
BP Pledges to Go Carbon-Neutral—How Remains an Open Question
The oil major says it will eliminate or offset all its emissions—roughly equal to those of Australia—by 2050
NNPC employs 1,050 out of 60,000 candidates
’Femi Asu The Nigerian National Petroleum Corporation has announced the recruitment of 1,050 graduate trainees. The NNPC said in a statement, on Friday, that it had concluded its 2019/2020 em...
More than 1,500 to be hired for event days at Allegiant Stadium
Representatives of ASM Global and Levy Restaurants told the Community Benefits Plan Oversight Committee about plans to hire more than 55 percent minorities.
Gov. Oyetola presents N1.2bn bonds to retirees - Premium Times Nigeria
The governor says the welfare of the retirees is of paramount importance to his administration despite limited resources.
DMart share sale sees 3 times subscription, investors bid for 45 mn shares
The stock fell 5.6 per cent to end at Rs 2,401 in secondary market trade. A further 1.5 million shares meant for retail investors will be auctioned on Monday.
‘Gangaikondan Food Park announcement is not new’
Industrialists are also upset over government’s failure to invigorate Nanguneri SEZ
Minister calls for framework to close gender gap in energy sector
news, story, article
Do Not Sell AT&T After The Share Price Rally
In view of the price increases, investors wonder whether AT&T is now overvalued.This question can be approached from different perspectives and the answer depends, as always, on personal strategy.And
Special centre for turmeric in Erode welcomed
‘It will help in expanding the area under turmeric cultivation bringing in overall development’
Maybank Championship and Volvo China Open postponed over coronavirus outbreak
'The well-being of our players, spectators and staff is always our absolute priority'
QC mayor supports ABS-CBN’s bid for fresh franchise deal
Quezon City Mayor Joy Belmonte has strongly supported the pursuit of television network giant ABS-CBN for a fresh 25-year franchise deal to operate.
Paramount Group, Inc. (PGRE) CEO Albert Behler on Q4 2019 Results - Earnings Call Transcript
Paramount Group, Inc. (NYSE:PGRE) Q4 2019 Earnings Conference Call February 13, 2020, 10:00 ET Company Participants Robert Simone - Director, Business Development & IR Albert Behler - Chairman, CE
Karnataka HC Stays CCI Probe Into Alleged Violation Of Competition Laws By Amazon, Flipkart
The court has asked the respondents in the matter including CCI and CAIT to file their responses within eight weeks.
Ag markets turn mostly lower Friday
Investors could remain on the sidelines until the March Prospective Planting Report, one analyst says.
33 per cent of us have ended, or would end a relationship because of a partner's debt: Survey
The number one financial reason cited for ending a relationship is a lack of financial honesty, such as hidden debt or purchases
Young minds to fuel the growth of the pharma sector
Young minds to fuel the growth of the pharma sector
Rangers release statement over outstanding £2.8m owed to them by kit supplier Hummel
Rangers have released an official statement over the outstanding money owed to them by kit supplier Hummel.
Tesco illegally stopped landlords renting out sites near its stores to rivals, a watchdog found
It blocked rivals from opening stores in 23 locations across the UK - including one in Wales
UD cuts pace of budget growth by $10 million, searches for new savings
— University of Dayton leaders say the school remains strong, but it needs to be nimble in facing demographic and population challenges that impact universities in Ohio and beyond.
Get ready for global economy's dreadful future: Save more, work longer, and expect less
Ultra-low and negative interest rates are taking hold in countries where economic growth has been sluggish.
Third Indian crew member on board ship tests positive for coronavirus
So far there have been 218 coronavirus positive cases on the ship Diamond Princess
Six-month extension for free parking pilot to be approved
Council bosses are due to give green light to a full calendar year of Free for Three in Paisley
Ford Is In The Doghouse.
Ford is once again in trouble after a poor quarter, with the share price back around $8.The dividend is well covered and the stock looks cheap, but investor sentiment is strongly against this name.Inv
Victory as British Gas reverse meter change that left poor families going hungry
The energy giant agreed to a U-turn after the minimum payment rise, from £1 to £5, attracted a 90,000-strong petition and a story on Mirror Online
Look to Water Utilities for Steady Growth
The utilities sector has been the No. 2 performer so far this year. And with estimates of up to $1 trillion needed for water infrastructure replacement, it looks poised to grow.
Consumer Spending Drives Jan. Retail Sales Boost
News: Retail sales, which are an indication of purchases at restaurants, stores and online, rose a seasonally adjusted 0.3 percent last month from December.
No talks on opening up poultry and dairy markets to US companies: Govt
International media reports on Thursday suggested that India had finally allowed market access to chicken legs from the US
After SC rap, DoT withdraws order seeking no coercive action against defaulting telcos
The department's move came after the Supreme Court directed the managing directors and directors of telcos and other firms to explain why contempt action be not taken against them.
Airbus fined €3.6bn for global bribery scandal
One of Bristol's biggest firms used bribes to stack the decks in its favour and win contracts around the globe
Shell Singapore employees instructed to work at home over coronavirus concerns
Shell instructed a number of its Singapore employees to work from home for the time being after the company confirmed that one employee was in close contact with someone who tested positive for
German economy stagnates as eurozone growth reaches 7-year low
Germany, Europe’s largest economy, has recorded a zero growth between October and December, as manufacturing remained in a slump and exports fell.
Calgary's housing market shows growing strength
The market is in better shape than you might think.The latest housing market update from the City of Calgary points to improving economic conditions that put Calgary’s housing market in balan…
Global Investors Meet in November
The Global Investors Meet (GIM) aimed at attracting investments to Karnataka will be held in Bengaluru from November 3 to 5 this year.Union Minister for Parliamentary Affairs, Coal and Mines Pralhad J
Export of services rises 11.6% to $20 bn in Dec; imports up 10.3%
Surplus in trade services stood at $7.45 billion for December
MTUC takes Kulasegaran to task over remarks against Solomon
KUALA LUMPUR: The Malaysian Trade Union Congress (MTUC) has taken Human Resources Minister M. Kulasegaran to task over the latter's remarks against the congress’ secretary-general, J. Solomon.
SC refuses to extend March 31 deadline for BS-IV vehicle sales
The Supreme Court bench of Justice Arun Mishra and Deepak Gupta made it clear that the deadline for BS-IV vehicles will not be extended by even one day
21 states reject $18 billion opioid settlement offer from drug wholesalers
More than 20 state attorneys general on Friday penned a letter rejecting an $18 billion settlement offer from three major drug wholesalers meant to end litigation against their role in the opioid
Motorists to pay more for fuel
Super petrol and diesel prices go up Sh2.67 and Sh2.13 respectively.
Delta to invest $1 billion to curb global air travel's climate impact
CHICAGO (Reuters) - Delta Air Lines Inc said on Friday it will invest $1 billion over the next decade in initiatives that would limit the impact of global air travel on the environment, the first airline to make a commitment of that scale.
When is the UK Budget 2020?
The UK Budget 2020 is due next month but after the shock resignation of Sajid Javid this week the government may be forced to delay the date.
Atlanta Fed's GDPNow drops to 2.4% from 2.7% for first quarter of 2020
The real gross domestic product (GDP) in the United States is expected to expand by 2.4% in the first quarter of 2020, the Federal Reserve Bank of Atl
Oyetola presents N1.2bn bonds to retirees
Gov. Gboyega Oyetola of Osun on Friday presented N1.2 billion bonds to retirees in the state.................................
Coronavirus-hit Hong Kong says 'I love you' with face masks, not flowers
Hong Kong's flower markets are lamenting dismal Valentine's Day sales as the city battles the deadly coronavirus outbreak, with admirers joking ...
China’s coronavirus death toll rises to 1,380
Hits 1,700 health workers, and takes total number of infected to 63,851
CREA reports home sales up 11.5 per cent compared with a year earlier
OTTAWA — The Canadian Real Estate Association says home sales rose 11.5 per cent in January compared with a year earlier to reach the highest sales figures for the month in 12 years, even as new listings remain constrained.
Rouble rate is important factor in Russia's position on OPEC+ deal – Reuters
Russian oil companies are worried about the risk of a higher rouble rate due to the planned sales of Sberbank, Reuters reported on Friday, citing a so
Biz EOD: No relief for telcos in AGR row; WPI inflation worst in 8 months; CCI defends probe against Amazon
Catch top stories from the world of business and economy with BusinessToday.In's end of day report
BlackRock Becomes a Symbol for Anticapitalist Fervor in France
Suspicions that the Wall Street giant sought to influence President Macron’s overhaul of the nation’s pension system have made the company a target of protesters.
The Highly Accurate Ethereum Golden Cross is Forming, Is a Major Rally Incoming?
Ethereum's stellar performance of late has seen it gain 113% in the six weeks since the start of the year. This achievement reversed a six-month downtrend
Washington Extends US Companies’ Cooperation With Huawei for Another 45 Days
Washington formally blacklisted Huawei in May 2019, but the Treasury has since repeatedly prolonged licences allowing US companies to do some business with the Chinese tech giant.
Tourism in Himachal’s Dharamshala dips after coronavirus outbreak
In Goa too — another tourism-dependent state, the fear of the virus has impacted, even though all cases of quarantine have turned negative.
Vodafone’s India venture on brink of collapse after court ruling
Decision means telecoms company must pay billions of dollars in fees by next month
“Stay Alert” Call To Business As Coronavirus Impacts Spread Across NZ Economy
Auckland Business Chamber head Michael Barnett said the plight of the education sector and its impact on many NZ communities was acknowledged.
Adani Enterprises hits 52-week high after it signs agreement with AAI
The stock rallied for the ninth straight day, up 17 per cent, against 3 per cent rise in the S&P BSE Sensex during the period.
Court rejects unions' bid to block SAA job cuts
A bid by two trade unions to block job cuts at South African Airways was rejected by the country’s labour court on Friday.
Asian shares aim for second week of gains amid virus scare
Global shares eased on Friday, as investors were spooked by a sharp rise in the number of coronavirus cases in China this week while oil prices ...
German EcoMin: Economy is still experiencing a period of weakness
The German Economy Ministry is out with its assessment of the economy after the fourth quarter 2019 GDP showed stagnation. Key Quotes: German economy
GBP/JPY Price Analysis: Faces rejection near two-month old descending trend-line
The GBP/JPY cross failed to capitalize on the previous session's goodish intraday positive move and witnessed a modest pullback during the early Europ
China's Xi pledges to minimise impact of virus
BEIJING: China will definitely be able to minimise the impact of the coronavirus outbreak and will maintain the development momentum of its ...
The Australian Dollar Cheers RBA's Optimism but Virus Concerns Tipped to Weigh
The Pound vs Australian Dollar: Latest GBP/AUD Forecasts, News and Analysis
Euro skids to new low ahead of GDP data, dollar shines
LONDON, Feb 14 — The euro eased to another nearly three-year low today as investors worried about slowing growth momentum in the euro zone ahead of an estimate of how its economy performed in the fourth quarter. The European single currency has lost 1 per cent so far this week and is on track for...
How to Be Confident (Not Arrogant) and Win Over New Clients
Let your experience, track record and satisfied customers do the talking.
Market LIVE: After SC AGR order on modification pleas by telcos, RIL, Airtel gain, Vodafone Idea falls
Share Market News Today | Sensex, Nifty, Share Prices LIVE: Bharti Airtel was the top gainer, up 3.54 per cent, followed by Bajaj-Auto, RIL and Sun Pharma. On the flip IndusInd Bank was the top loser.
How To Build A Digital ID In Layers
In an interview with PYMNTS, Trulioo COO Zac Cohen cautions against a "one-size-fits-all" approach to digital identity.
India offers to open up poultry, dairy markets for trade deal with Trump
India, the world's largest milk-producing nation, has traditionally restricted dairy imports to protect the livelihoods of 80 million rural households involved in the industry
STR: U.S. hotel construction up 6.8% in January
HENDERSONVILLE, TENNESSEE - STR's hotel pipeline data for the U.S. showed 1,615 projects accounting for 208,807 rooms in construction as of the end of January 2020. This represented a 6.8% year-over-year increase in the number of rooms in the final phase of the development pipeline. “The industry is now up to more than 208,000 rooms in construction, which is as close as the country has come to the prior end-of-month peak of 211,700 in December 2007,” said Bobby Bowers, STR’s senior
Price of surgical mask may go up by P2-P4 per piece
The Department of Trade and Industry (DTI) may allow stores and pharmacies to sell surgical masks at higher prices due to the increasing cost of raw materials here and abroad amid the novel coronavirus (Covid-19) outbreak.
Shares step back as hopes of early end to coronavirus fade
Global shares eased on Friday, as investors were spooked by a sharp rise in the number of coronavirus cases in China this week while oil prices ...
Russian oil firms favor extending than deepening output cuts - S&P Global Platts
Citing the Chiefs of Russia’s oil giants, S&P Global Platts reports that a majority of the Russian oil companies back the case for oil output cut exte
AGR fallout: Telecom tariff may go up by 20-25%
Telecom tariffs may go up by 25 per cent, as operators try to recover the money they will pay out for settling the dues related to Adjusted Gross Revenue. The SC order directing the telecom companies
S&P affirms India's rating at 'BBB-' with stable outlook
Fiscal deficits have exceeded the government's plan, S&P said, adding it expects limited consolidation over the next few years.
BOE’s Carney sees silver lining after Brexit hit to UK economy
The outgoing Bank of England (BOE) Governor Mark Carney warned over the economic risks of the UK leaving the European Union (EU), in an exclusive inte
Analyzing The Safety Of Goodyear's 5.4% Yielding Dividend
Goodyear Tire & Rubber has had a tough year with earnings contracting, and shares losing roughly half of their value.The company's dividend now yields 5.4% and is currently viable despite the near-ter
Tunnel collapses at Mozambique ruby mine kill 11 illegal miners
At least eleven illegal miners in northern Mozambique’s Montepuez ruby mine have died following a series of tunnel collapses over three days.
Canada: Housing market is back – NBF
Economists at the National Bank of Canada Financial markets summarize the situation of the Canadian housing market which has recovered since a year ag
Health minister announces four more clear of Covid-19, can go home today
KUALA LUMPUR, Feb 14 — It’s a sweet Valentine for four Covid-19 patients who were given the all-clear sign and allowed to go home today. Health Minister Datuk Seri Dzulkefly Ahmad announced that the quartet, who were the first, second, third and fifth cases to be diagnosed with the coronavirus...
Etihad Airways launches TravelPass, an innovative subscription-based travel solution
ABU DHABI, UNITED ARAB EMIRATES – Etihad Airways has announced a partnership with Norwegian technology developer Braathens IT, to develop TravelPass, an innovative travel solution initially aimed at corporate and frequent travellers which will launch later this year. The new TravelPass technology provides a subscription-based travel solution, allowing Etihad to offer its frequent guests complete flexibility and ease with their regular and recurring travel arrangements. Customers can purchase a TravelPass for a set number of trips or a particular travel period
Govt willing to do more beyond Budget to boost growth: Nirmala Sitharaman
Sitharaman said that if required, the government would take more steps beyond Budget announcements.
DH Deciphers: LPG gas cylinder price blast rips through middle-class budget
What has the Union Government announced? The Union government has announced an increase in the price of LPG cylinders by Rs 145-150. At the same time, for those who avail the LPG subsidy, it has
ASOS PLC/ADR (OTCMKTS:ASOMY) Lifted to “Buy” at Berenberg Bank
Berenberg Bank upgraded shares of ASOS PLC/ADR (OTCMKTS:ASOMY) from a hold rating to a buy rating in a research report released on Monday, The Fly reports. A number of other research firms also recently issued reports on ASOMY. ValuEngine downgraded shares of ASOS PLC/ADR from a buy rating to a hold rating in a report […]
Odisha govt announces DA hike for employees
CM Naveen Patnaik today announced a hike of 5% DA for government employees.The decision will benefit around 3.5 lakh state government employees
Royal Bank of Scotland is changing its name to NatWest
The bank's chief executive announced the decision to rebrand while reporting a surge in profits.
China reports 121 new coronavirus deaths, more than 5,000 new cases
BEIJING: The death toll from a coronavirus outbreak rose by 121 in mainland China, the national health commission said on Friday (Feb 14). The ...
Cleanliness of wet markets only at 40pc, says minister
PASIR PUTEH, Feb 14 — The cleanliness level of most wet markets in Malaysia hovers around 40 per cent, said Housing and Local Government Minister Zuraida Kamaruddin. In view of this, she called on traders and customers to change their attitude and habits, especially...
Singapore PM Lee: Covid-19 outbreak expected to last longer than SARS and cause greater economic impact, but life has to go on
SINGAPORE, Feb 14 — While it took four months before the Severe acute respiratory syndrome (SARS) was fully eradicated from Singapore back in 2003, Prime Minister Lee Hsien Loong said the Covid-19 outbreak is expected to last longer, with a greater impact already hitting the economy. However, Lee...
Eight new Covid-19 cases in Singapore; tally jumps to 58
SINGAPORE: Singapore detected eight new cases of the Covid-19 coronavirus as of Thursday night, bringing the tally in the republic to 58.
Copper: Car sales to hit the red metal – ANZ
A move below $5,700/t was near before base metals were able to recover. There are still troubles on the horizon for the red metal as auto sales in Chi
'Almost a mass psychosis': Tesla's 250% stock rally makes no sense, Bob Lutz says
Bob Lutz has no idea why Tesla stock has rocketed more than 250% in six months.
Court rejects unions’ application over SAA job cuts
Unions are expected to appeal the decision.
China virus toll revised down to 1,380 after deaths double-counted
Hubei reported more than 4,800 new cases on Friday.
Passenger traffic ebbs at Vietnam airports over novel coronavirus fears - VnExpress International
Vietnamese airports have seen 20 percent less passenger traffic over the last year as fear of novel coronavirus keeps foreigners away.
China reports 5,000 new coronavirus cases, cruise ship disembarks in Cambodia
China’s coronavirus outbreak showed no sign of peaking with health authorities on Friday reporting more than 5,000 new cases, while passenger
WOAN licence ‘likely’ to be awarded in 2021
President Cyril Ramaphosa reveals licensing of the government-proposed WOAN is likely to be completed sometime next year.
Singapore PM says recession possible due to coronavirus outbreak
SINGAPORE — Singapore’s economy could enter recession due to the blow from the coronavirus outbreak, its prime minister said on Friday, adding that the city-state was bracing for a “significant” hit in the coming quarters.
Virus could mean $5 bn in airline losses: UN agency
The new coronavirus outbreak could mean a $4-5 billion drop in worldwide airline revenue, the International Civil Aviation Organization said on Thursday.
EUR/USD: Extending losses
US consumer data will be the main focus today following disappointing German economy data, Yohay Elam from FXStreet reports. The EUR/USD pair is tradi
Exclusive: Scope Markets Joins Your Bourse’s Liquidity Network
Online trading provider Scope Market announced on Friday the joining to the network of Your Bourse Liquidity Hub partners.
Mark Zuckerberg to voice support for global tax on tech giants
Facebook CEO Mark Zuckerberg is to offer public support for international tax reform which would see technology giants pay more tax in Europe.
GBP/USD faces a probable move to 1.3160 – UOB
In light of the recent price action, Cable could now move to the 1.3160 region, in opinion pf FX Strategists at UOB Group. Key Quotes 24-hour view: “A
Compass Group (LON:CPG) Price Target Raised to GBX 1,800
Compass Group (LON:CPG) had its price objective lifted by Goldman Sachs Group from GBX 1,700 ($22.36) to GBX 1,800 ($23.68) in a research report released on Monday, Stock Target Advisor reports. They currently have a sell rating on the stock. A number of other research firms also recently weighed in on CPG. UBS Group reaffirmed […]
Zuckerberg accepts Facebook may pay more tax outside U.S. - Politico
MUNICH — Facebook Chief Executive Mark Zuckerberg accepts that global tax reforms mean the social networking giant may have to pay more taxes outside of the United States, Politico reported, citing excerpts of a speech he is due to give on Saturday.
The 5 Best Finance Apps For Your Phone
The Fintech revolution is upon us. A product of technological developments pushing financial services into the next (or, arguably, the current) realm, ‘Fintech’ has spawned countless apps, websites, services and solutions, many of which are aimed at improving the financial life of consumers who have previously...
Bitcoin Mining Stock Surges as Chinese Economy Falters
The economic fallout from the Coronavirus is starting to be felt across the world. China’s economy has been the hardest hit but contrary to wider market
Costly onion, potato push WPI inflation to 3.1% in Jan
Both food, non-food articles inflation are expected to rise further, say experts
Coronavirus outbreak: DGCA extends screening to passengers arriving from Japan, South Korea
Till date, only passengers arriving from Thailand, Singapore, China and Hong Kong were being screened for possible exposure to the respiratory virus.
Nest-egg nerves: the challenge facing super funds
With consistently good returns under their belt, how well prepared are super funds for a downturn?
Hitting the target: business tries to break the deadlock on climate
Growing support for a net zero emissions target is heaping pressure on the government and Labor to adopt more ambitious climate policies.
Rania to make a comeback soon?
Rania fans are super excited at the thought of Rania making a comeback soon. Recently Larissa had an Instagram live broadcast. She said to fans that …
South Africa's fuel prices to drop (with diesel users to benefit most)...
The AA says “steady declines in international oil prices" have set the stage for fuel price reductions at month end, despite a weakening rand.
China's securities regulator to ease refinancing rules to help companies fight coronavirus
China Securities Regulatory Commission (CSRC) has announced that it will be easing refinancing conditions to help listed companies fight the coronavir
4 of the biggest news pieces from the ASX200 this week
These were 4 of the biggest news items from the ASX 200 (ASX:XJO) this week. Read how this affected these individual companies.
HCB Financial: A Modestly Overvalued Bank
HCB Financial is a solid community bank serving an area in southwestern Michigan.A conservative loan portfolio, however, offsets a remarkably low cost deposit base to limit the company's net interest
EU jobs commissioner: Workers must have right to disconnect
’We’re not robots,’ says Nicolas Schmit.
If you haven't started saving for retirement, don't panic, but get a plan
OTTAWA - Canadians are bombarded by advertising preaching the virtues of starting to save for retirement early, letting the benefits of time and compound in
New virus has infected more than 64,000 people globally
A viral outbreak that began in China has infected more than 64,000 people globally. The World Health Organization has named the illness COVID-19, referring to its origin late last year and the coronavirus that causes it.The latest figures reported by each government's health authority as of Friday in Beijing:— Mainland China: 1,380 deaths among 63,851 cases, mostly in the central province of Hubei.— Hong Kong: 56 cases, 1 death— Macao: 10— Japan: 259, including 218 from a cruise ship docked in Yokohama, 1 death— Singapore: 67— Thailand: 33— South Korea: 28— Malaysia: 19— Taiwan: 18— Vietnam: 16— Germany: 16— United States: 1
USD/INR New York Price Forecast: Greenback looking for directions vs. rupee
Following the 2018 bull-run, USD/INR has been consolidating in a rectangle pattern. The spot is trading above the main weekly simple moving averages (SMAs), s
South African public sector union says wage deal not open for review
Nehawu says the wage agreements are 'sacrosanct'.
Zespri welcomes successful defence of IP rights of kiwifruit growers
Zespri has welcomed the successful result of legal action taken against a former kiwifruit grower who took Zespri’s protected plant material to China where it has continued to spread, as well as the awarding of almost $15 million in damages.
IndiGo to start daily direct flight on Delhi-Dammam route from March 10
The airline will now operate a total of five daily direct flights connecting Dammam with Mumbai, Hyderabad, Kozhikode, Trivandrum and Delhi
An inside look at the debate around pandemic bonds, which have $425 million hinging on how deadly the coronavirus ends up being, Business Insider - Business Insider Singapore
Business Insider - The World Bank called the bonds "a momentous step" in curbing disease, while a public health expert deems them "inappropriate and ineffective.". Read more at businessinsider.sg
Is professional investment advice worth the fees?
Determining the value of professional investment advice is a catch-22. While professional guidance has proven to boost returns over time, the cost of paying for it also eats away at those returns over time.
US retail sales up a modest 0.3% in January
WASHINGTON — U.S. retail sales rose a modest 0.3% in January, a slight improvement over December, as unseasonably warm weather boosted sales at hardware stores and furniture stores.
No extension in deadline for selling BS-IV vehicles, says Supreme Court
The apex court had on October 24, 2018 said no Bharat Stage-IV vehicle would be sold or registered in India from April 1, 2020
Coronavirus Fears Gifts an Attractive Price for Qualcomm Stock
Although the coronavirus and declining China sales pose problems for QCOM, they could be temporary headwinds.
Photos of the day: February 14, 2020
BusinessLine India's leading website for business and financial news, BSE and NSE quotes, stock recommendations, market analysis and research, politics, gadgets & auto.
Renault reports first net losses in decade for 2019
French carmaker Renault said Friday it went into the red last year for the first time in a decade on lower sales and a falling contribution from its Japanese partner Nissan.
Renault plans US$2.2b ‘no taboos’ cost cuts after first loss in a decade
PARIS, Feb 14 — Renault’s first loss in a decade triggered a no-taboos commitment to cut costs by €2 billion (RM9.1 billion) over the next three years from the carmaker today, as it tries to put the Carlos Ghosn affair behind it. As ex-Volkswagen brand manager Luca de Meo prepares to take...
Boeing and engineering union agree on new, extended contract
The board of SPEEA will recommend the proposal to its 18,000 members in the Puget Sound area.
Coronavirus: DGCA extends airport screening to passengers arriving from Japan, South Korea
Aviation regulator DGCA asked airports and airlines on Friday that passengers arriving in flights from Japan and South Korea must be screened once they step out of aerobridges in order to prevent the spread of novel coronavirus infection. Till date,
National Farm Machinery Show recap: Day 2
Thursday was the second day of National Farm Machinery Show in Louisville, Kentucky.
Why fund management companies are surging on the ASX
Investing in fund management companies is back in favour after a year of uncertainty. Now the money managers are in the money.
Why “De-growth” Shouldn’t Scare Businesses
There’s opportunity in an economy that produces and consumes less.
Bahamian Central Bank to Roll Out Digital Currency in H2 2020
The Bahamas’ Central Bank governor yesterday confirmed that a digital currency will be rolled out by the second half of 2020.
An inside look at the debate around pandemic bonds, which have $425 million hinging on how deadly the coronavirus ends up being
A group of unique bondholders will either reap massive profits or lose hundreds of millions of dollars as the coronavirus outbreak escalates.
Tax Appeals Commission dismisses bank’s attempt to write off Revenue bill
Unidentified bank facing assessment of €1.4 million
Student fury as colleges push limits with accommodation fee hikes
A number of colleges around the country are raising their student accommodation fees by the maxim...
AZ revenues rise, but it says coronavirus could hit 2020
AstraZeneca’s new drugs powered a surge in revenues in 2019, but chief executive Pascal Soriot thinks the Covid-19 outbreak could weight on its 2020 performance.
Flat oil price offsets weaker Rand in projected March fuel price drop
Rand’s weakening against the US Dollar, as well as the mentioned flatter oil price, points to a decrease of between 14 and 25 cents a litre for petrol.
IRB Infra Q3 PAT down 27% at Rs 160 crore
Total expenses increased to Rs 1,534.36 crore, from Rs 1,446.82 crore earlier.
VN-Index dips, ending three-session gaining streak - VnExpress International
Vietnam’s benchmark stock market index slipped 0.08 percent to 937.45 points Friday, ending a three-session gaining streak.
Airbus Orders Surge In January
Airbus has started the year on a strong note, with big orders for Airbus A220 and A320.Deliveries during were naturally weak during the month.Company targets 880 deliveries and has delivered 4% of tha
With profitability in mind, Renault plans slew of initiatives in India
The auto maker is also gearing up to bring a mass segment EV in India within the next two years
Indian banks' loans rise over 7% in two weeks to Jan 31: RBI
Outstanding loans rose ₹98926 crore ($13.86 billion) to ₹101.03 trillion in the fortnight to Jan. 31.Non-food credit rose ₹1.02 trillion to ₹100.24 trillion, while food credit fell ₹3,202 crore to ₹78,899 crore
Malaysia's modest GDP growth in line with neighbouring countries: Azmin
KUALA LUMPUR: Malaysia’s modest gross domestic product (GDP) growth of 4.3 per cent last year is considered better than some of its neighbours, said Economic Affairs Minister Datuk Seri Azmin Ali.
4 Things Royal Dutch Shell Investors Need To Know In 2020
Royal Dutch Shell is an above-average, quality high-yield stock with a trustworthy dividend.Royal Dutch Shell offers above-average growth potential courtesy of a smart strategic focus on LNG.The valua
NERC: Power sector recorded N1.7trn tariff shortfall in four years
The Nigerian Electricity Regulatory Commission (NERC) says the power sector recorded ₦1.72 trillion tariff-related revenue shortfall from 2015 to 2019. The commission said this in a newly released consultation paper
Another rate cut early March, stimulus package end-February?
KUALA LUMPUR: The expectation of a monetary policy adjustment, on top of a fiscal stimulus package, to boost Malaysia’s economy soon is getting higher.
When are US monthly retail sales figures and how could they affect EUR/USD?
Friday's US economic docket highlights the release of monthly retail sales figures, scheduled at 13:30 GMT. Consensus estimates point to modest growth
OPEC January Production Data
OPEC 14 crude oil production was down 509,000 barrels per day in January.OPEC announced a couple of months ago that Ecuador was leaving the cartel. However, it was still included in January's data.Ira
Farm labourers union decries LPG price hike in Karimnagar
They fear a triple whammy with the hike in RTC bus fares, and the proposed electricity and house tax increases
U.S. looking for industry partnership to counter Huawei: White House official
MUNICH (Reuters) - The United States is looking to develop a partnership with the telecoms industry to provide alternatives to China’s Huawei Technologies, a senior White House official said on Friday.
The secret to finding the best ASX shares – breaking all the rules
Let's look at David Gardner’s six rule breaker traits and see how they apply to the best ASX growth shares like CSL Limited (ASX:CSL).
Sun TV Q3 PBT drops by 8.12% at Rs 498.46 crore; revenue grows marginally
The subscription revenues for the quarter was up by 18 per cent to Rs 411.85 crore from Rs 349.60 crore for the corresponding quarter ended December 31, 2018
Reliance Retail fastest growing globally: Deloitte
Mukesh Ambani-led Reliance Retail has topped the list of ‘50 Fastest-growing retailers globally between FY2013-2018’ in the Deloitte’s Global Powers of Retailing 2020 index. The Indian retailer had r
Remedy holds steady, posting solid growth across the board
Finnish developer moves forward on live-service multiplayer game plans
Paris-based Inato raises €12.9 million Series A to grow its clinical research platform
French startup Inato, a platform that helps biopharmaceutical companies increase their pool of patients in clinical trials, recently announced it has raised €12.9 million Series A funding. The round was led by Obvious Ventures and Cathay Innovation, with participation from previous investors Serena and Fly Ventures.
'Open to Tweaking Inside And Outside Budget For Economic Growth', Says Nirmala Sitharaman
The government had announced a host of steps in the Union Budget, presented on February 1 in Parliament
Royal Bank of Scotland to be renamed after 293 years
The Government-controlled bank will become NatWest Group and agreed to a 5p-a-share special dividend after profits hit £4.2bn last year.
Dividend Growth Or Higher Yields, You Choose
If you're blinded by a high yield, FRT may not be for you. FRT offers a strong balance sheet, consistent dividend growth, and great management.REG trades a lower multiple of FFO than investors would e
Delta to invest $1 bln to curb global air travel's climate impact
By Tracy RucinskiCHICAGO, Feb 14 (Reuters) - Delta Air Lines Inc said on Friday it will invest $1 billion over the next decade in initiatives that would limit the impact of global air travel on the environment, the first airline to make a commitment of that scale.The aviation industry accounts for roughly 2% of global carbon dioxide emissions and has set out a plan to achieve carbon-neutral growth from 2020, even as air travel is forecast to accelerate.
Big Love: Thai elephants, students send Valentines to virus-hit China
Bangkok: Some 3,000 students gathered on Friday in Thailand's Ayutthaya province to send Valentine's Day well-wishes to China, which is facing an ongoing coronavirus epidemic.
Develop software technology to boost agribusiness under PfJ/PERD
news, story, article
New taxi company eyes expansion in unlikely Saskatoon success story
Captain Taxi started in the middle of the first year of ride sharing in the city
Satoshi Nakaboto: ‘Man charged with operating $300M money-laundering Bitcoin ‘mixer’’
Our robot colleague Satoshi Nakaboto writes about Bitcoin BTC every fucking day.
'Stay Alert' call to business as Coronavirus impacts spread across NZ economy - ABC
Importers and exporters should talk to their shippers - both sea and air - and keep informed as knock-on effects of China’s coronavirus hit New Zealand.
Gold prices climb Rs 75 to Rs 41,481 per 10 grams, silver gains Rs 147
"Spot gold of 24 karat in Delhi was trading up by Rs 75 with rupee depreciation," HDFC Securities Senior Analyst (Commodities) Tapan Patel said.
Apple Stock is a Tasty Breakout Candidate
Apple stock is itching to join the Nasdaq in overbought territory. Here's how to play the looming breakout with AAPL options.
JLL Reports Record Fourth-Quarter And Full-Year 2019 Results
NEW ZEALAND, 14 February 2020 – Jones Lang LaSalle Incorporated (NYSE: JLL) has reported outstanding operating performance for the fourth quarter and full year of 2019.
MCMC Warns Android TV Box Suppliers To Not Misuse Certifications
The Malaysian Communications and Multimedia Commission (MCMC) has released a statement on Twitter regarding Android TV boxes. Uploaded on 14 February, the
Brexit Takes a Chunk Out of Cisco’s Earnings, as Headwinds Blow
Cisco earnings fell flat this week, with the networking specialist posting a 6% drop in orders. The decline in Europe was blamed squarely on Brexit.
Govt willing to do more beyond Budget to boost growth: FM Sitharaman
The country's GDP growth is estimated to slow to an 11-year low of 5 per cent in the current financial year
Friday’s small-cap stocks to watch
Our roundup of Canadian small-caps of between $100-million and $2.5-billion in market capitalization making news and on the move today
Govt Hikes Fuel,Adjusts Electricity Prices
The government followed up their January increase on electricity prices by adjusting February prices by...
Meaty increases push up annual food prices - Stats NZ
Higher prices for meat, poultry, and fish contributed to a 3.5 percent increase in food prices for the year ended January 2020, the largest annual rise in food prices in over eight years, Stats NZ said today.
German Economy Slumps, Exports Fall, Underlines Eurozone Woes
Growth ground to a halt at the end of the year in Germany, Europe´s largest economy, as manufacturing remained in a slump and exports fell.
USD/JPY remains within a consolidative theme – UOB
FX Strategists at UOB Group expect USD/JPY to stay side-lined for the time being. Key Quotes 24-hour view: “We highlighted yesterday ‘USD could ease f
Premarket: European shares scale record even as coronavirus shows no signs of peaking
Hopes of government stimulus support shares globally
Mike Bloomberg once said taking too much money from the rich and giving it to the poor was a bigger problem than income inequality
Bloomberg once said in 2018 that taking too much money from the rich was a bigger problem than income inequality. 'I think income inequality is ...
ETF Deathwatch For January 2020
The ETF Deathwatch list decreased in size in January. Ten exchange-traded products were added to the list, and 23 funds were removed.The funds added in January were a mix of actively managed, internat
Some Apple stores in China to reopen following coronavirus fears
Apple stores in Shenzhen and Shanghai remain closed, but others resume limited operations.
Nissan shares tumble to ten-and-a-half year low after earnings rout; Renault also suffers
TOKYO (Reuters) - Shares of Nissan Motor Co sank to their lowest in more than a decade on Friday, after deep cuts to the troubled Japanese automaker’s earnings forecast and dividend raised questions about its future profitability.
Forever 21's $81 Million USD Bankruptcy Deal Gets Preliminary Court Approval
“Clearly, this is the only bid, and the alternative is liquidation, which is certainly not in anyone’s interest.”
InnSpire expands into Latin America through strategic partnership with Nimbus Networks
MEXICO CITY - InnSpire, provider of a comprehensive technology suite that helps drive a seamless, world-class guest experience for some of the world's most iconic hotels and brands, has completed the company's first foray into the Latin American market through a strategic partnership with leading telecommunications specialist, Nimbus Networks. The new regional reseller/distributor partnership has already resulted in Nimbus Network's installation of InnSpire's suite of networking and guest-facing technology in four hotel properties in Peru, which include the AC CostaVerde in
AUD/USD pares early gains, turns flat above 0.67 as focus shifts to US data
The AUD/USD pair closed the first three days of the week in the positive territory but turned south on Thursday amid resurfacing worries over the coro
Vietnam says monitoring over 5,000 Chinese workers for Covid-19
HANOI, Feb 14 — Vietnam is monitoring more than 5,000 workers who returned to the South-east Asian country after the Lunar New Year holiday for signs of Covid-19, state media reported today. Yesterday, Communist-ruled Vietnam quarantined a rural commune of 10,000 people near Hanoi because of...
LIST: Traffic schemes for Alabang, Balintawak starting February 14
The traffic adjustments will give way to construction works for the Skyway extension and Skyway Stage 3 projects
Official Survey Says Unemployment in West Bank, Gaza Rises 25%
Unemployment in the Palestinian labor force rose 25 percent in 2019, revealed an official report by the Palestinian Central Bureau of Statistics on Thursday. The number of unemployed was 343,800 in 2019, with 215,100 in the Gaza Strip and 128,700 in
Is there still value in an auto show?
With Volvo and Mercedes absent from Toronto, it’s becoming clear that automakers are finding other ways to allocate their marketing budget
USD/CHF retakes 0.9800 mark, 1-1/2 month tops
The USD/CHF pair climbed to 1-1/2 month tops during the early European session on Friday and was now seen extending the momentum further beyond the 0.
Renault sales and earnings drop in tough market
France's Renault saw its sales and earnings drop last year and says 2020 will be tough due to the need for investment in new technologies just as the market is shrinking.
Adani group signs agreement with AAI for development of three airports
In 2018, the government decided to privatise airports at Lucknow, Ahmedabad, Jaipur, Mangaluru, Thiruvananthapuram, and Guwahati
CannTrust names new CEO
CannTrust Holdings Inc. says it has appointed its chief financial officer, Greg Guyatt, to be its CEO as the company works to come back from the fallout of its operation of unlicensed grow rooms.
Traders suspend imports from China
Kampala, Uganda | THE INDEPENDENT | Traders who import most of their goods from China say they have been unable to send money for goods or fly to China as most factories supplying them are closed due to the outbreak of the coronavirus. This will likely have an impact on the prices of most of the …
Flywire Buys Simplee to Tap into Healthcare Payments, Raises $120M
Flywire announced on Thursday its acquisition of Simplee, a healthcare technology platform, aiming to enter the medical payments arena.
Telus says it will use Huawei gear for its ‘initial’ 5G rollout
Telus’s CFO Doug French has said the carrier will begin rolling out its 5G network shortly, and it will use Huawei for its first phase and initial launch.
Mountain crash pilot hails Saudi rescue teams for saving his life
TOKYO: The University of Tokyo and Misk Initiatives Centre on Friday signed a memorandum of understanding to set up the Mohammed bin Salman Center for Future Science and Technology. It will support innovation in scientific research and technological development between the Kingdom and Japan in fields such as big data, cybersecurity, renewable energy, energy efficiency,
An apple a day too much to pay?
A surge in fruit and vegetable prices has driven the largest monthly rise in food costs in nearly three years. Official numbers showed prices rising 2.1 percent in January on the month before. Stats NZ said much higher costs for strawberries and apples and a range of meat and grocery items were the main drivers. It said that reflected the usual pattern of prices rising after the Christmas holidays. Food costs for the year ended January rose 3.5 percent on the year before, the biggest annual rise in eight years.
Trader: Ethereum Can Hit $440 But Indicator Warns Altcoin ‘Overbought’
“Serious resistance” should trigger above $400 as General Strength Indicator suggests Ether is at its most overbought since May 2019.
USD/JPY drops below 109.80 after uninspiring US data
The USD/JPY pair lost nearly 15 pips with the initial reaction to Retail Sales and Industrial Production data from the US and touched a session low of
Trump wants $1.5 bn over 10 years to revive US uranium production
US uranium production has plummeted 96 per cent in the last five years, the US Energy Information Administration reported Thursday
I-T Dept notifies forms for companies to avail lower corporate taxes
CBDT has notified Forms 10-IC and 10-ID for existing companies that want to avail lower I-T rate and new manufacturing firms, respectively
The Two-Step Path To Financial Independence
If you’re interested in financial independence, whether you want to see if you can accumulate enough capital to retire early or just want the kind of financial stability that lets you live your life as you choose, there’s a two-step path to getting there....
136 million euros to energise Macedonia
Greek City Times Article
India's curbs on Malaysian palm imports stir up edible oil trade
"A rebalancing is happening in the palm oil market," says a Mumbai-based dealer with a global trading firm.
47% of Near-Retirees Don't Know How to Answer This Important Question
Hint: It involves your Social Security benefits.
Zuckerberg ready for Facebook to pay more tax as welcomes rules review
MUNICH (Reuters) - Facebook (FB.O) Chief Executive Mark Zuckerberg accepts that global tax reforms mean it may have to pay more taxes in different countries, excerpts of a speech he is due to deliver in Germany on Saturday show.
Renault cuts dividend, slices profit goal for 2020
French carmaker Renault warned that auto demand remained volatile, cut its dividend for 2019 and set a lower operating margin goal for 2020, a ...
Jet buyers back Boeing-Embraer deal as Airbus expands reach
SINGAPORE — Some of the world’s biggest aircraft buyers are urging the European Union to clear Boeing’s tie-up with Embraer, fearing Embraer’s commercial aviation business would struggle on its own now Airbus has swallowed its main competitor in regional jets.
EUR/USD tests daily highs around 1.0850 post-US data
The shred currency has recovered the smile at the end of the week, with EUR/USD now navigating the upper end of the daily range around 1.0850. EUR/USD
'A smart move': Here's what 4 Wall Street analysts are saying about Tesla's $2 billion common stock offering
Tesla announced on Thursday plans to raise $US2 billion in funds through a common stock offering.
ONGC Q3 net halves on fall in oil, gas prices, output
State-owned Oil and Natural Gas Corp (ONGC) on Friday reported halving of its December quarter net profit after it faced the double whammy of falling oil and gas prices and a drop in production. Standalone net profit in October-December at Rs 4,152
Yuehua Entertainment trainee Huang Zhibo arrested for mask scam
Yuehua Entertainment trainee Huang Zhibo has been arrested for fraud.On February 13, the Shanghai Public Security Bureau revealed Huang Zhibo has bee…
Goyal suggests ideas to stakeholders for promoting sale of tribal products
Citing an example, he said cricketer M S Dhoni can be a brand ambassador for a tribal product of Jharkhand
Exxon Mobil: A Great American Company With A 5.66% Dividend Worth Investing In
Exxon Mobil has increased its dividend for 37 consecutive years and with yields closing in on 6% it is an income lover's dream.Exxon Mobil is positioning itself for the future as its recoverable resou
Digix, Developer of First Asset-backed Digital Gold Token, Launches Revamped Marketplace and Website
Digix, the developer of the first asset-backed digital gold token, recently upgraded its online marketplace and website. The company’s new marketplace and dig
Online scam reveals a lack of controls
Experts say that the possible theft of $4.1 million in public funds shows problems in public administration systems and that cybercrime continues to accelerate
Taiwan says China 'stalling' over repatriation flights
'The Chinese side has used all kinds of reasons to stall and refused our plans and recommendations. We deeply regret this,' says Taiwan's health minister Chen Shih-chung
Labor Unions Need All the Help They Can Get
The House just passed a bill making it easier for workers to organize. It doesn’t go far enough.
Goods exports dip 1.6% to $25.97 b in Jan; trade deficit at $15.17 billion
Coronavirus outbreak, persisting protectionism add to exporters’ woes
Tamil Nadu Budget: AIADMK govt focuses on flagship welfare schemes, education
he Chief Minister K Palaniswami-led government, which has been implementing a slew of welfare schemes announced the formation of a not-for-profit special purpose vehicle to finance and manage the Amma Unavgam, the pet project of Former Chief Minister J Jayalalithaa and allocated Rs 100 crore.
AGR dues: Bharti Group to deposit ₹10,000 crore with DoT by February 20
Will pay balance dues by next date of hearing, says telecom major
Milk crisis: State seeks T.N. help
Milma is eyeing a daily supply of one lakh litres from Tamil Nadu
Kering Turned Over Approximately $17.15 Billion USD in 2019
With Gucci contributing approximately $10.42 billion USD alone.
Hong Kong unveils cash handouts as virus deepens economic woes
Hong Kong leader Carrie Lam says the government will dip into its financial reserves – some of the world's healthiest – to give cash subsidies to sectors hit hardest by the crisis
MSME in Tamil Nadu | An up-close view
Tamil Nadu continues to be a vibrant industrial State, with a large base of big factories and small units. The State has an estimated seven lakh registered micro, small and medium enterprises (MSME),
Facebook’s Zuckerberg wants ‘new framework’ for digital tax
Paris, France | AFP | Facebook founder and CEO Mark Zuckerberg on Friday backed moves by the OECD group of free-market economies to reform the way online giants are taxed worldwide, even if that means companies like his own paying more to national governments. “We also want tax reform and I’m glad the OECD is looking …
Labor Unions Need All the Help They Can Get
(Bloomberg Opinion) -- The House of Representatives just passed an interesting bill dealing with organized labor. Known as the Protect the Right to Organize Act, the bill would ban states from enacting so-called right-to-work laws. It would make it illegal for employers to permanently replace striking
Tesla plans second stock offering to raise more than $2B
Feb. 14 (UPI) -- Electric automaker Tesla says it will make a secondary stock offer in a bid to raise more than $2 billion to shore up its balance sheet -- less than two weeks after boss Elon Musk said it "didn't make sense" to raise more money.
Tech startup Tekion launches cloud-based automotive dealer management
The product connects key stakeholders of the industry enabling maximum level of operational efficiencies, collaboration, and personalized retail experiences
The Peak Season For Cotton Prices Is Approaching
Cotton has moved lower from the mid-January high.A very volatile soft commodity - higher lows since 2000.China has weighed on the price of the fiber.Seasonality favors buying on dips over the coming w
CBDT to base taxmen's appraisal on their 'Vivad se Vishwas' performance
FM Nirmala Sitharaman had proposed this direct tax dispute resolution scheme in her budget speech on February 1
How much does the average Australian earn?
How much does the average Australian earn? Do you earn more than the average Australian wage earner? How can you earn more?
Graphite India share turned Rs 1 lakh into Rs 25,000 in 1.5 years; here's why
Graphite India share price, which closed at Rs 1,100 on August 14, 2018 ended at Rs 283 on February 14, 2020
Is It Finally Time to Be a Believer in Tesla Stock?
With Tesla stock, it isn’t all about the high profile arguments from the bulls and bears. Here's what you should pay attention to.
Russia: Structural reforms needed to support growth – ABN Amro
Economy outlook for the Russian country improved last year but still lacks the structural ingredients to steam a high growth environment, according to
Q&A: Why local government needs unified communications
With state and local government agencies are frustrated by tight budget restrictions, outdated technology and slow processes, the answer is in a unified communication strategy.
Is balance lacking on agri-food boards and committees?
Is the tillage sector being under-represented on boards and committees in the agri-food sector?
Binance Adds 15 Fiat Currency Options for Purchasing Crypto
Binance’s debit and credit card partner Simplex is now offering 15 more fiat currencies that are supported for purchasing Bitcoin, Ether and others.
Friday’s analyst upgrades and downgrades
Inside the Market’s roundup of some of today’s key analyst actions
New H-1B application process begins March 1
Employers that rely on foreign national talent face new electronic filing system and modified registration timeline for FY 2021 filing period.
Private firms to invest Rs 3,000 cr in MP, to create 14,000 jobs
The announcement in this regard was made by Madhya Pradesh Chief Minister Kamal Nath during the textile and garment sector round table held here
Could Beyond Meat Stock Beef Up Your Portfolio?
As Beyond Meat stock is already up significantly in 2020, it may be time to take some money off the table.
KT Rama Rao hits out at Finance Commission over reduced states devolution
The reduction in devolution to 41 per cent from 42 per cent earlier will lead to an up to Rs 4,000 crore hit to Telangana, Rao told reporters on the sidelines of the NTLF here.
Report: Middle East and Africa’s Blockchain Spending to Surge 400% by 2023
The International Data Corporation projects that Middle East and Africa’s blockchain spending would surge from $21 million in 2019 to $105 million by 2023.
India’s pulses import may fall 60% next fiscal: IPGA
There would be lower imports next year also because traders might not be able to buy from overseas market, says IGPA Chairman
Gold prices rise ₹75, silver gains ₹147
Gold prices on Friday rose by ₹75 to ₹41,481 per 10 grams in the national capital amid rupee depreciation, according to HDFC Securities. Likewise, silver also gained ₹147 to ₹47,036 per kg from ₹46,88
Brexit and how farmers can survive it: how the next 11 months will shape the sector
It would be foolish to think that farmers in lowland areas such as East Anglia are going to get
EUR/USD Price Analysis: The focus shifted to the 1.0814 level
The sell-off in EUR/USD seems to have met some (lasting?) contention in the 1.0830/25 band, or new 2020 lows recorded during early trade. The increasi
DealBook: Delta Plans to Go Carbon Neutral. Yes, You Read That Right.
The airline pledges to spend at least $1 billion to buy emission offsets and invest in more efficient planes, new fuel sources and carbon-capture technologies.
K’taka HC stays CCI probe order against Amazon, Flipkart
The respondents in the case, which are the Confederation of All India Traders (CAIT) and Delhi Vyapar Mahasangh, have decided to file an appeal against the order of the High Court with the consultation of their lawyers.
USD/CAD drops below 1.3250 as WTI rebounds above $52
The USD/CAD pair continues to react to crude oil's performance in the absence of significant macroeconomic data releases on Friday. As of writing, the
Foreigners Dump Turkish Local Assets by Close to Record Amounts
Turkish local assets were hit last week by one of the largest bouts of foreign disinvestment in the last five years, Deutsche Bank said on Friday. The outflow signaled bearish market sentiment towards Turkey, which has seen the lira weaken in recent
3 Big Things Today, February 14, 2020
Soybean and grain futures were little changed in overnight trading as the coronavirus spreads.
Former Anglo finance chief Willie McAteer expelled from accounting body
Membership of Chartered Accountants Ireland revoked and payment of €15,000 towards tribunal costs agreed
CBDT notifies forms for firms to avail lower corporate taxes
The move comes after the government had slashed corporate tax rate last year in September as a measure to boost economic activity. The base corporate tax for existing companies was brought down to 22% from the current 30% while for new manufacturing firms, the tax was reduced to 15 per cent from the current 25 per cent.
Tennessee Republicans worry women will go on tampon-buying frenzy
During an annual three-day holiday, shoppers are allowed to buy computers and clothing tax-free, but a proposal to include tampons has gotten pushbackWomen can’t be trusted around tax-free tampons. If you cut the price of menstrual products they’re bound to go tampon-mad and buy boxes of the stuff, just
MAX 737: SpiceJet considering Boeing compensation offer for grounded planes
The no-frills carrier has been impacted by the grounding of its 13 Boeing 737 MAX planes since March last year as it is incurring various costs related to the aircraft
Maxar Technologies to Host Investor Briefing on March 4, 2020
WESTMINSTER, Colo. — Maxar Technologies (NYSE:MAXR) (TSX:MAXR), a trusted partner and innovator in Earth Intelligence and Space Infrastructure, today announced that members of senior management will present an overview of the Company’s business, recent financial results, and strategic priorities on March 4, 2020, beginning at 8:00 a.
Minister: Malaysia to cut red tapes, streamline investment process
KUALA LUMPUR, Feb 14 — Malaysia will be undertaking extensive reforms of the investment process to improve the ease of doing business for both foreign and domestic investors, the Ministry of International Trade and Industry (MITI) said. “Investors can expect red tape to be cut, bureaucracy to...
BSNL’s Bharat AirFibre now live in 5 circles: Details on what is it, plans and more
BSNL's Bharat AirFibre service that was unveiled last month in Telangana circle with an aim to offer broadband connectivity in rural areas, has been expanded to four new telecom circles.
Seoul Global Challenge 2019-2020 Finds Success in Finding Innovative Solutions to Reduce the Fine Dust in Seoul Subway
The Seoul Global Challenge (hereinafter called \"SGC\") 2019-2020, hosted by the Seoul Metropolitan Government and organized by Seoul Business Agency (SBA) aimed at finding innovative solutions to urban problems by inviting global innovators, culminated with the awards ceremony on the 6th, according to the Seoul Metropolitan Government.
FIRS: Tax waivers, illicit flows responsible for low revenue
The FIRS says it has not been able to meet its revenue target because of non-discretionary tax waiver grants and illicit financial flows
Proposed $3.3bn external borrowing is to finance 2020 budget, Eurobond ― DMO
By Elizabeth Adegbesan The Debt Management Office (DMO) has clarified that the proposed $3.3 billion external borrowings is meant to finance part of the 2020 budget deficit of N2.18 trillion and refinance the federal government’s Eurobond maturing in January 2021. The DMO disclosed this yesterday in a press statement released on its website. In DecemberRead More
Russia Halts All Charter Flights To And From China Due To Coronavirus
All charter flights from Russia to China have been stopped as of February 14 due to the spread of the coronavirus (2019-nCoV).
Rent-to-buy scheme aims to help breach the ‘deposit barrier’
New homes at reduced rents give first-time buyers a chance to get on the housing ladder
Maxim Behar is the Employer Brand Leader of the Year!
World-renowned PR expert Maxim Behar won the first place in the Employer Brand Leader of the Year category at the prestigious Employer Branding Awards competition organized by b2b Media. The owner and manager of one of the leading PR companies in Bulgaria M3 Communications Group, Inc.
Ghent-based uman.ai raises €500K to map employees’ work skills
The Belgian startup uman.ai, whose software helps teams to share skills more efficiently, has just announced raising €500K. The round was led by imec.istart, Skyhaus (parent company of a.o. ML6) and Roel Naessens (ex-Google), and additionally, the startup received innovation grants from VLAIO. With the funds raised, uman.ai wants to develop its platform further and set up a high-performance go-to-market strategy.
South Africa: Rand best CEEMEA performer this week – Rabobank
The South African rand was on track to end this week as the best performer amongst its CEEMEA peers after President Ramaphosa’s speech, Piort Matys fr
US’ 4th extension shows Huawei’s strength: industry insiders
The US Department of Commerce announced on Thursday that it was issuing a 45-day extension allowing US companies to continue doing business with Chinese telecoms giant Huawei Technologies Co. It is the fourth such extension by the US.
US Depository Trust and Clearing Corporation Might Establish Consortium to Deal with DLT Security Risks
The US Depository Trust and Clearing Corporation (DTCC), a major post-trade financial services firm offering clearing and settlement services to large capital m
US January industrial output falls on weather, Boeing drop
WASHINGTON, Feb 14 — US industrial production fell 0.3 per cent in January as unseasonably warm weather held down the output of utilities and Boeing Co slowed production of civilian aircraft, the Federal Reserve said today. The Fed said manufacturing production fell 0.1 per cent in January,...
Drop In School Attendance Concerning
Results out today showing a drop in school attendance in 2019 is a cause for concern, says NZEI Te Riu Roa President Liam Rutherford.
Facebook may have to pay more tax, Zuckerberg accepts
Global cross-border taxation rules are set to be rewritten
EXD: Still Showing Value Compared To The Other Similar Eaton Vance Funds
EXD is still not getting the same love as other Eaton Vance option funds.The strategy switch it embarked on is coming up on being deployed for almost one full year.We are seeing similar returns to its
Covid-19 hits Chinese health workers as economy limps back to life
BEIJING, Feb 14 — The new coronavirus has infected 1,700 Chinese health workers and killed six, authorities said today, as businesses struggled to balance containment measures with a return from an extended post-holiday break. Authorities reported 5,090 new cases in mainland China, including more...
PSA Welcomes Increased Government Funding For Homeless Support
The campaign for housing justice is a key priority of the PSA, with members across the country reporting they struggle to afford rent or mortgage payments.
Textile industry told to diversify to polyester to boost exports
Ravi Capoor, Secretary (Textiles), has urged the industry to diversify to polyester textile products to boost exports.His advice follows the government’s decision to abolish anti-dumping duty on P
Indonesia: BI to stay on hold – Standard Chartered
Indonesia will release trade data on 17 February and the Bank of Indonesia (BI) will hold its monthly meeting on 19-20 February. Economists at Standar
Gold Price Analysis: XAU/USD trading in 10-day highs near $1580.00/oz
XAU/USD is trading in a bull trend above the main daily simple moving averages (SMAs). Gold is rising in a bull channel while the market is being supported ab
Modell’s Brings On Advisers Amid Slumping Sales, Online Competition
Modell's Sporting Goods has brought on a trio of advisers with the inclusion of a chief restructuring officer in response to disappointing sales.
NLEX Harbor Link Malabon Exit to officially open February 21
New Malabon Exit at NLEX Harbor Link scheduled to be opened next week
US: Consequences of a move to the far left – Rabobank
Philip Marey, a US strategist at Rabobank, take a look at the campaign promises made by Bernie Sanders, at present the strongest candidate from the fa
After Top Court's Directive, Indian Govt Asks Telcos to Return Statutory Dues by Midnight
New Delhi (Sputnik): Immediately after the ruling of Indian apex court last year on payment of dues by telecom companies to the government, Vodafone’s global CEO Nick Read said the company’s future in India was doubtful. Even as Read retracted his statement immediately, weeks later his Indian partner and chairman of Vodafone Idea said it may shut.
Coronavirus infects more than 1,700 health workers in China, 6 die
More than 1,700 Chinese medical workers have been infected by the new virus that has killed nearly 1,400 people and spread to other parts of Asia and as far as the US and Europe.
Low prices dash hopes of turmeric farmers
Actual price would be decided after the harvest picks up, says trader
China's virus crackdown leaves millions working at home
The government extended the Lunar New Year holiday to keep factories and offices closed. Cinemas, temples and other tourist sites were shut down to prevent crowds from forming.
Over $1 million to help Tairawhiti youth into employment - Willie Jackson
Employment Minister Willie Jackson announced today that TairÄwhiti rangatahi will benefit from an investment made by the Government’s He Poutama Rangatahi (HPR) scheme.
S&P 500, Dow little changed amid Covid-19 worries; Nvidia forecast buoys Nasdaq
NEW YORK, Feb 14 — The S&P 500 and the Dow barely moved today, as worries over an economic hit from the coronavirus outbreak refrained investors from making big bets ahead of a long weekend, while gains in Nvidia shares kept the Nasdaq in positive territory. Adding to the downbeat sentiment...
Asian market helps Manulife and Sun Life in latest quarters
Both companies have offices in Waterloo Region
Hanoi, HCMC among localities to further extend school break - VnExpress International
With the novel coronavirus epidemic still raging, Hanoi, HCMC, Da Nang and the country's worst-hit Vinh Phuc have extended the prolonged school break by another one to two weeks.
Bitcoin to Form Golden Cross but It Cannot Guarantee a Bull Run
Bitcoin traders are enthusiastic about a textbook technical indicator whose formation could send the asset's prices higher. Dubbed as Golden Cross, the
Huawei gets another reprieve from the Commerce Department
Huawei has been under a lot of trouble ever since the company was banned by the United States government from doing business US-based companies.
The casino hub of Macau will give residents money to keep its economy going during the coronavirus pandemic
Macau recently shut down its casinos, the city's primary industry. It has stemmed an outbreak of the coronavirus and hopes to keep the economy afloat.
Vinay Dube appointed as GoAir CEO
GoAir has appointed Vinay Dube, the former chief executive officer (CEO) of Jet Airways, as its new CEO. Mr. Dube will report to chairman Nusli Wadia, managing director Jeh Wadia, and the board. He wi
Yamana Gold: I Stay Bullish After Q4 Report
Yamana Gold reports Q4 2019 results.Higher gold prices lead to significant cash flow generation.Should gold stay at current levels, the company will have the capacity to further increase the dividend
Zuckerberg accepts Facebook may pay more tax outside US: Politico
Facebook Chief Executive Mark Zuckerberg accepts that global tax reforms mean the social networking giant may have to pay more taxes outside of ...
Calls mount for public, private partnerships to focus on SA's most vulnerable
Partnerships between government and the private sector should focus on creating a conducive environment where citizens could ...
New Jersey’s American Dream Mall Readies for Its Ultimate Test
Two decades in the making, the American Dream mega-mall is about to open its doors to shoppers. The question is how many will show up.
Netherlands to build capacity of GRA Personnel
news, story, article
German economy flatlines after spending and exports slowdown
GDP growth at 0% for final quarter of 2019 with no upturn forecast in the short term
Irish firm signs €40m deal to supply European and UK markets
An Irish food company has signed a €40m deal with Lidl, which will see it supply its Irish, Eur...
Z Stock Could Win but the U.S. Might Not
Demographic megatrends presents a massive tailwind for Zillow, but housing affordability is a metric to watch.
Shutdown of CN Rail lines leads to propane shortages in the Maritimes
Businesses and homes across Atlantic Canada are days away from running out of propane as a result of anti-pipeline protests that have cut off rail links across Canada.
3 High-Growth Stocks That Could Soar
Redfin, PetIQ, and Beyond Meat all have upcoming catalysts to propel their shares higher.
One Liverpool family evicted a day as housing crisis grips city
Shocking new statistics show how many people are facing homelessness
Germany unlikely to stoke stuttering eurozone coffers
Germany entered 2020 with a flatlining economy and manufacturers in distress, leaving it ill prepared for continued trade uncertainty and the new coronavirus threat.
Textile policy to be rolled out by mid 2020
Mega parks will help country scale, spurring cost effectiveness: Textiles Secretary
Profits at River Island’s Irish arm rise 53%
Revenue declines by 15%
Bitcoin Be Mine: Celebrate Valentine’s Day the Crypto Way
It’s Valentine’s Day and crypto investors are currently sitting on early 2020 profits from Bitcoin and altcoins. Love is in the air and money is filling
European Tour postpones Asian events due to coronavirus outbreak
Several sporting events in the region have been postponed.
Borrow A Boat Returns to Crowdcube With a Mission to Raise 1.5 Million in Funding
Just a little over a year after raising £1,496,600 in funding through its previous Crowdcube round, the self-proclaimed Airbnb for boats, Borrow A Boat, has re
Apple is checking customers' temperatures at its stores in Beijing because of the coronavirus outbreak
Apple is checking its customers’ temperatures before they enter its stores in Beijing after reopening some stores amid the coronavirus outbreak in China.
US Dollar Index Price Analysis: DXY grinds to fresh 2020 highs, challenges 99.20 resistance
The US dollar index (DXY) is trading near its highest since October while trading well above its main daily simple moving averages (SMAs). DXY is spiking to t
FTSE 100 ends week lower after week AstraZeneca, RBS results
UK blue-chip shares fell for a second day on Friday after AstraZeneca and RBS reported underwhelming results, while investors remained unsettled because of concerns over the impact of the coronavirus outbreak on the global economy.
Nirmala Sitharaman to meet industry bodies to assess coronavirus impact
The virus outbreak in China has claimed nearly 1,500 lives and infected over 60,000
Delta unveils 10-year plan to become world's 1st carbon-neutral airline
Feb. 14 (UPI) -- Delta Air Lines, the world's second-largest carrier, announced plans Friday to mount an ambitious 10-year strategy during which it will spend at least $1 billion and become the world's first carbon-neutral airline.
VC Deals: Sirius XM Buys SoundCloud Stake, Seats
Welcome to Seeking Alpha’s Venture Capital Deals of the Week. Follow this account and turn on the e-mail alert to receive VCDeals in your inbox on Friday afternoons. Salesforce (NYSE:CRM) Ventures and
DILG chief tells LGUs to ramp up ASF prevention efforts
Department of the Interior and Local Government (DILG) Secretary Eduardo M. Año on Friday asked all local government units (LGUs) to tighten up African swine flu (ASF) prevention efforts and similar control measures in their respective turfs.
Andrea Orcel suffers defeat in criminal complaint against Santander
Ex-UBS banker is pursuing a civil case against the Spanish bank for alleged breach of contract
Mahila Congress stages demonstration
A section of members of the Mahila Congress staged a demonstration here on Friday condemning the steep hike in the price of non-subsidised LPG refills.A few protesters carried the empty LPG cylinder r
Cybercrime growing at speed of light - Pantami
The Minister of Communication and Digital Economy, Isa Pantami, has said cybercrime is growing at an alarming rate globally.
Research Solutions, Inc. (RSSS) CEO Peter Derycz on Q2 2020 Results - Earnings Call Transcript
Research Solutions, Inc. (OTCQB:RSSS) Q2 2020 Earnings Conference Call February 13, 2020 5:00 PM ET Company Participants Peter Derycz - Chief Executive Officer & President Alan Urban - Chief Finan
DBB: Coronavirus Already Priced In
DBB has experienced a tentative rebound since the start of February, after a sharp sell-off of 6% in January.Given the slowing pace of the spread of the coronavirus, macro fears, which surged in Janua
TRON Ecosystem Onboards Blockchain Social Network Steemit
At a time where the TRON ecosystem is trying to find new use cases, social media industry seems like taking fish to water.
US manufacturing output hit by Boeing troubles, slips 0.1%
Excluding the production of airplanes and parts, factory production rose 0.3%.
City and province sign preliminary agreement to build four transit projects, including Ontario Line
The city and the province have officially signed off on a preliminary agreement that will pave the way for a nearly $30 billion transit expansion plan.
These were the 10 biggest European tech stories this week
These were the 10 biggest European tech stories this week
WH adviser Kudlow: Trump administration may propose 10% middle-class tax cut
The Trump administration may propose a 10% middle-class tax cut when they reveal the next tax plan in September, White House economic adviser Larry Ku
SC threatens contempt against Bharti Airtel, Voda over non-payment of dues
The Supreme Court on Friday threatened contempt proceedings against top executives of Bharti Airtel, Vodafone Idea and other telecom firms for failing to comply with its directive to pay an estimated Rs 1.47 lakh crore in past dues, and asked whether there was no law left in the country.
Dr M to announce economic stimulus package on Feb 27
KUALA LUMPUR: Prime Minister Tun Dr Mahathir Mohamad will announce an economic stimulus package on Feb 27 to mitigate the adverse external economic impacts brought about by the Covid-19 outbreak.
State pawnshop Pegadaian on the lookout for fintech partners to develop digital financing
Pegadaian president director Kuswiyoto said on Thursday that the partnership with fintech operators was expected to further develop services the company provide in the Pegadaian Digital mobile apps.
Hydro One, Ontario Power Generation creating 'Ivy' electric vehicle charging network
The Ivy Charging Network is scheduled to have 160 Level-3 fast-chargers at its 73 locations throughout southern, eastern and western Ontario.
Amazon, Flipkart seek rollback of new Indian tax on online sellers
NEW DELHI (Reuters) - Amazon and Walmart’s Flipkart are among online retailers demanding that India scale back a proposed tax on third-party sellers on their platforms, saying the burden of compliance will hurt the fledgling industry, according to documents seen by Reuters.
Rand firmer after Ramaphosa’s speech, stocks flat
South Africa’s rand firmed on Friday after President Cyril Ramaphosa set out brief plans to stimulate economic growth during his state of the nation address, although his speech was short on specifics and timeframes.
Not Time To Buy KLX Energy Services Holdings
Telling a story about a wealthy CEO and cyclicality is not enough to overcome facts on the ground.The entire oilfield sector faces real headwinds well into the future.Ongoing losses mean this company
Congressional Budget Office: Democratic paid leave bill would cost more than expected, leaving a shortfall
Democratic legislation to provide universal paid family and medical leave will wind up costing taxpayers more than expected, according to the Congressional Budget Office.
SpiceJet gets ‘interim offer’ from Boeing
Claims ₹537 cr. citing grounded craft
PAL, Cebu Pacific, AirAsia resume flights to Taiwan after gov't lifts travel ban
(UPDATED) Check the list of flights here
Dip In TrustCo Bank's Price Provides Opportunity
Earnings are expected to be unchanged in 2020 due to flat growth in net-interest income. Further, increase in non-interest income is likely to be countered by provisions charge.Quarterly dividend is e
Miami and Atlanta are more vulnerable to aftershocks from WeWork’s woes than cities like New York and San Francisco
Cities most vulnerable to a pullback in the office-share craze sparked by the rise of WeWork aren’t New York and San Francisco, according to a new DBRS...
3 Stocks That Will Only Break Your Heart
A display chip designer, electric-car maker, and space travel upstart are hot names this year, but they could cool down at this point.
MCMC warns certified Android TV box suppliers not to offer illegal streaming
The Malaysian Communications and Multimedia Commission (MCMC) has issued a warning to all Android TV box suppliers not to misuse the SIRIM and MCMC labels. It emphasised that certification for such media boxes does not cover applications that permit illegal streaming of copyright content.
AT&T: When The Market Crashes
AT&T's 5.5% dividend yield is compelling, and the payments keep growing, but what happens when the market crashes?This article reviews the health of the business, valuation, risks, dividend safety, an
Exports contract for sixth straight month, trade deficit shoots up
While imports contracted by 0.7 per cent, the rate of fall was significantly lower than the 8.9 per cent contraction in inbound trade seen in December
Chinese Stocks Rise for 7th Consecutive Day Amid Coronavirus Infection
Chinese stocks rose for a seventh day on Wednesday, coinciding with the continuous decline in new confirmed cases of novel coronavirus infection for eight days on the Chinese mainland outside Hubei province. The development signaled an easing of investors' concerns over the viral outbreak's negative impact on economic growth, according to analysts.
Our real estate biz not dependent on govt reforms & we continue to do well: Adi Godrej
Adi Godrej, Chairman, Godrej Industries, says the last two years have been record years for Godrej Properties. The chemical business is doing well while the consumer company is under a little pressure as peoples purchasing power has come down.
IGEA and GDAA to merge; will keep the IGEA moniker
The Interactive Games and Entertainment Association (IGEA) and the Game Developers Association of Australia (GDAA) today announced their intentions to merge and function under the banner of the IGEA.
AGR-hit Vodafone Idea postpones Q3 conference call with analysts
The Supreme Court on Friday directed the top echelons of telecom firms to explain why contempt action should not be taken against them for non-compliance of its AGR order
Antitrust probe into e-commerce firms stalled after Amazon challenge
CCI last month ordered a probe into Amazon and rival Walmart's Flipkart over alleged violations of competition law and certain discounting practices
SpiceJet Q3 profit rises to Rs 73.2 cr, operational revenue up by 47%
"This profit is after a non-cash forex charge on account of Ind AS 116 of Rs 75.9 crore without which the profit would have been Rs 149.1 crore," SpiceJet said in a release.
Telkom Kenya Makes it Even Easier to Top-up From M-PESA With New Menu
Mobile data wars have always been a norm in Kenya, and for the most part, consumers benefit from the tussles because operators are tasked to front bargains to appeal to their customers. Telkom Kenya, for instance, is known for its tens of data products that have been developed to be attractive to different consumers and […]
European shares hit record even as coronavirus shows no signs of peaking
Stock markets across the world ticked higher on Friday, even as investors debated whether China's coronavirus outbreak would cause long-lasting ...
GBP/USD: Pound sparkling with the new romance on Downing Street
The cable is holding onto gains triggered by the replacement of the Chancellor of the Exchequer. Us consumer confidence and Brexit will also be eyed t
Temperatures to drop across Oman
PACA said, in its weather forecast for Friday.
US expresses 'disappointment' in China's response to coronavirus – video
Larry Kudlow expresses US 'disappointment' in Chinese response to Coronavirus
Gold in search of a firm direction, stuck in a range around $1575 region
Gold lacked any firm directional bias and oscillated in a narrow trading band around the $1575 region through the early European session on Friday. A
Chemical plant bosses apologise after flaring lights up sky
ExxonMobil said the incident, which sparked concern among local residents, occurred as it attempts to restart the Mossmorran site.
Ramaphosa plan is no quick fix for South Africa’s energy woes
President Cyril Ramaphosa’s plans to overhaul the energy industry have some way to go before they provide answers to the nation’s crippling power shortages.
After Lawrence Wong announces ‘strong package’ in Budget 2020, netizens respond with wishlist
After Lawrence Wong announces ‘strong package’ in Budget 2020, netizens respond with wishlist
The OCR Should Be Cut
The Reserve Bank Monetary Policy Committee releases its next Monetary Policy Statement and Official Cash Rate (OCR) decision next Wednesday – the first we’ve heard from them since November.
AfDB refutes World Bank President’s remarks on Africa’s debt profile
The AfDB responds to World Bank President's David Malpass recent remarks about multilateral development banks contributing to Africa’s debt profile.
Sarb moves to sell stake in African Bank
Sarb sees the disposal process being completed within 18–24 months after a suitable buyer is identified.
By a razor-thin margin, Mukilteo school bond passes
Support for a $240 million measure climbed to 60.4%. Earlier counts showed it below the thresheld.
Virus fears send Wall Street down after UK finance minister quits
China has been praised by the World Health Organization (WHO) for its transparent handling of the outbreak.
Appreciate Group (LON:APP) Earns Buy Rating from Liberum Capital
Liberum Capital reaffirmed their buy rating on shares of Appreciate Group (LON:APP) in a research note published on Tuesday morning, ThisIsMoney.Co.Uk reports. LON:APP opened at GBX 63.50 ($0.84) on Tuesday. The stock’s 50-day moving average is GBX 59.79. The company has a market cap of $118.33 million and a P/E ratio of 12.96. The company […]
Facebook's Zuckerberg wants 'new framework' for digital tax
Facebook founder and CEO Mark Zuckerberg on Friday backed moves by the OECD group of free-market economies to reform the way online giants are taxed worldwide, even if that means companies like his own ...
Rational (FRA:RAA) PT Set at €670.00 by Bankhaus Lampe
Bankhaus Lampe set a €670.00 ($779.07) price objective on Rational (FRA:RAA) in a research report report published on Monday, Borsen Zeitung reports. The firm currently has a neutral rating on the stock. A number of other analysts have also recently commented on RAA. Hauck & Aufhaeuser set a €625.00 ($726.74) price target on shares of […]
Allow one-time restructuring of real estate loans to complete stuck projects: Keki Mistry, HDFC
If loan restructuring is allowed, then new lenders will come and provide funding for a project with proper diligence, proper safeguards while ring-fencing the money. If that is done, then these projects can get completed and home buyers can get their apartments, says Keki Mistry, CEO, HDFC.
IndusInd Bank hits over 3-year low; tumbles 11% in six sessions
The private sector lender's stock was trading at its lowest level since January 10, 2017
Capgemini to hire up to 15,000 freshers this year via campus recruitment
At present, 1.2 lakh employees work in the Indian offices of Capgemini. With this, India accounts for more than half of the French IT services company's global strength
HKTDC Helps SMEs Amid Unprecedented Challenges
HKTDC Chairman Dr Peter K N Lam said Hong Kong has experienced unprecedented challenges over the past year, affecting the local political, economic and social landscape, as well as people's livelihood. Given that Hong Kong's economic outlook is already subdued because of the ongoing Sino-United States trade dispute, the weak global economy and the local social unrest over the past months, the impact of the current coronavirus outbreak could be higher than that of SARS (Severe acute respiratory syndrome) in 2003, further weakening demand in retail and catering and affecting the job market in the first half of this year.
Wirecard quarterly profit strength meets expectations
BERLIN (Reuters) - Payments company Wirecard reported strong quarterly results in line with analyst expectations on Friday and reiterated guidance for core profit growth of 34% this year.
Microsoft, TCS, BrowserStack, Sprink top recruiters at IIM Ahmedabad
Including pre-placement offers (PPOs), the trio made 12 offers, the highest in the third cluster, followed by FinIQ with 11 offers.
Mike Ashley’s Frasers Group adds name to business rates letter
More than 50 retailers wrote to the Chancellor this week demanding changes to transitional relief.
Ice-cream brand Rollick warming up to geographic expansion
Eyes 28% growth over next five years
Kinross Gold: Q4 Performance Puts The Company Back On Track
Kinross Gold reports Q4 2019 results.Higher gold price helps and the company delivers significant operating cash flow.Production guidance for the next year is slightly down from 2019 numbers, but Kinr
Lufthansa Group extends China flight cancellations to March 28 over virus outbreak
BERLIN (Reuters) - Germany’s Lufthansa (LHAG.DE) on Friday said it would suspend all flights to mainland China until March 28 due to the new coronavirus, which is spreading in China and around the world.
AFCA Warns Berndale Clients Recovery of Funds is Unlikely
The AFCA has delivered an update to its information page regarding Berndale Capital Securities Pty Ltd, who had its licence cancelled by ASIC.
PM Modi Praises Air India, Health Ministry Officials For Evacuating Stranded Indians From Coronavirus-Hit Wuhan
The two flight operations enabled India to evacuate around 650 of its people who were stranded in Wuhan.
The Reserve Bank of India can’t counter food inflation without factoring in extreme weather events
What’s behind the rising price of onions in every alternate year since 2013? Climate change.
Coronavirus: India Inc will shiver if China can't contain outbreak
Efforts to contain the coronavirus outbreak within next three to four months will be critical as it would determine the fate of many industries around the globe, including in India.
Misguided Attempts To Improve The Housing Situation
Today there have been calls to rehash the capital gains tax argument and restrict the ability for rental property owners to borrow funds. These are misguided calls.
copper dealer jailed one year
A copper dealer from Hwange has been slapped with one year jail term for illegal possession of 682,5kgs of copper worth $11 602, 50.Same Gundidza (23) of Railwa...
Jefferies Financial Group Analysts Give Delivery Hero (ETR:DHER) a €75.00 Price Target
Jefferies Financial Group set a €75.00 ($87.21) target price on Delivery Hero (ETR:DHER) in a report released on Tuesday, Borsen Zeitung reports. The firm currently has a buy rating on the stock. Several other research firms have also recently issued reports on DHER. Kepler Capital Markets set a €63.60 ($73.95) target price on Delivery Hero […]
Rand firmer after Ramaphosa’s speech
The rand was subdued following the delay caused by the EFF.
Airtel offers to pay Rs 10,000 cr by Feb 20, rest before next hearing date
Airtel owes nearly Rs 35,586 crore, including licence fee and spectrum usage charge, to the government
Coronavirus And Credit - A Perfect Storm
This article posits that the spread of the coronavirus coincides with the downturn in the global credit cycle, with potentially catastrophic results.The credit crisis was already likely to be severe,
4 ASX shares to get you started in investing
If you're looking to get started in investing, here's why I think BHP Group Ltd (ASX: BHP) and these 3 other ASX shares are a great place to begin.
How Dynamic Supply Chain Analytics Smooths Cash Flow
ClearMetal discusses the impact of static data analytics on cash flow through the supply chain, with impacts on inventory and invoice-to-payment cycles.
Lack of wood closes mill
Hundreds of forest industry workers will be affected as a pulp and paper mill on Vancouver Island shuts down for one month because it says it can't get enough wood.
RompHim goes out of business
RompHim, the rompers-for-men company that achieved viral success a couple of years back, is going out of business. CNN reports that the initial focus on marketing to straight bros limited their app…
FM Sitharaman says the govt is open to tweaking inside and outside Budget for economic growth
irmala Sitharaman said the immediate feedback to the Union Budget has been motivating, as it has had a 'positive impact' on the currency, bond and equity markets.On the REITs and InvITs, the Finance Minister said she wanted to hear the views of the economists and other tax experts on the Budget
TechTarget: Hop On The Priority Engine Express For 75% Gains
TechTarget has significant barriers to entry and lots of operating leverage.Priority Engine Express will accelerate organic revenue growth.75% upside is possible with robust EBITDA growth.
Exports contract for 6th straight month, drop 1.66 per cent in January; trade deficit widens
Shipments of petroleum products, plastic, carpet, gems and jewellery, and leather products contracted by 7.42 per cent, 10.62 per cent, 5.19 per cent, 6.89 per cent, and 7.57 4 per cent, respectively, in January. Imports also fell for the eighth consecutive months, down 0.75 per cent to USD 41.14 billion in January, widening the trade deficit to a seven-month high of USD 15.17 billion, according to the government data released on Friday.
Nvidia shares surge on signs of machine learning boom
Shares of Nvidia Corp rose 6% on Friday after the chipmaker stunned analysts with strong quarterly results and joined rivals Intel Corp and Advanced Micro Devices Inc in predicting strong demand for chips used in the latest generation of data centers and AI.
Trump to meet with top business executives during India visit
President Trump will meet with executives of Indian companies with business interests in the United States during his visit to New Delhi this month,
Tesco rapped for ‘unlawfully’ blocking competition
Twenty three of the company’s 5,354 leases stopped competitors opening stores nearby, the competition watchdog found.
Is It Time To Say ‘Goodbye, Vodafone?’ Choice Is Government Takeover Or Bankruptcy
The political cost of offering huge bailouts can be high.
Weekend Reading: 15-16 February 2020
Global Macro / Markets / Investing:
Asia sees sharp decline in match-fixing, says AFC
"From 2016 we've witnessed a decline in match-fixing across Asia by 21% and with our efforts in tandem with Sportradar, the preventive measures we've introduced have produced positive results," Benoit Pasquier, AFC General Counsel and Director of Legal Affairs, told Reuters by email.
518 job offers made to 428 students at IIM-Bangalore
Strategy consulting and product management continue to be the most sought after roles, followed by Finance and General Management.
Yandex claims 2 million self-driving car miles, double in 4 months
Yandex's autonomous cars have driven 2 million miles to date, double the figure reported in October and 4 times the number announced in August.
This 6% Yield Is Not Fat, It Is Just A Little Husky
Husky Energy has delivered one of the worst returns among the Canadian large cap energy space.At the core of the issue is the fat capex which prevent meaningful free cash flow generation.We examine th
World Bank questions Uganda’s growth with no jobs
Kampala, Uganda | THE INDEPENDENT | The World Bank has said Uganda should ask hard questions on why the country is growing but not creating enough jobs and people incomes remain stagnant. In the Economic update for Uganda launched on Thursday, the international lender said Uganda’s level of per capita income – that is money …
Canada's Telus to launch 5G network with Huawei gear - Financial Post
Will use Chinese gear "out of the gate".
Enterprise Ireland ranked second globally for VC deal count
State agency backed 200 early-stage companies last year with about 1,500 in its portfolio
Pound-Australian Dollar Exchange Rate Forecast to Remain Supported
The British Pound has advanced 0.60% against the Australian Dollar over the course of the past week in line with the broader push higher by Sterling, that leaves it the top performing major currency for the week ending February 14
OKEx Expands Into India’s Crypto Market via Partnership With Local Exchange
Despite the ongoing uncertainty toward crypto regulation in India, major global crypto exchange OKEx has just made another push in the country’s market.
China coronavirus toll increases to 1,367
Chinese authorities on Thursday said the overall toll due to the deadly coronavirus outbreak in the country has reached 1,367, with 52,526 confirmed cases
India's forex reserves soar to record $473 billion, gold down by $218 mn
Expressed in dollar terms, the foreign currency assets include the effect of appreciation or depreciation of non-US units like the euro, pound and yen held in the foreign exchange reserves.
Volkswagen offered 830-mn-euro settlement for German diesel cases
The mass lawsuit is one of the major legal hangovers from VW's 2015 admission to fitting 11 million vehicles worldwide with software to make motors appear less polluting in regulatory tests than in real driving conditions. While diesel buyers in the US have enjoyed generous buyback and compensation schemes, German drivers had so far gone uncompensated for the impact of the scandal, which has since spread to other carmakers.
Hong Kong pledges nearly R50bn as city seeks to contain spread of coronavirus
Hong Kong leader Carrie Lam pledged handouts totalling HK$25 billion to the Hospital Authority and businesses grappling with the coronavirus outbreak.
Safe to travel around Philippines — Duterte
The Philippines is expected to lose P42 billion in tourism revenues from China, Hong Kong, Macau and Taiwan due to the coronavirus outbreak from February to April, Tourism Secretary Bernadette Romulo Puyat said Wednesday.
The United States Extended Huawei's Provisional License for another 45 Days
President Trump's government has announced that it is extending Huawei's provisional license for another 45 days (to allow US companies to find alternatives to the Chinese telecommunications giant, which was considered a security threat to the United States, France Press reported. "The 45-day extension is necessary to allow existing telecommunication providers -- particularly those in rural US communities -- the ability to continue to temporarily and securely operate existing networks while they identify alternatives to Huawei for future operation", Department of Commerce wrote in a statement
US Intelligence Community Sees Crypto As a Threat to the Greenback
The U.S. Office of the Director of National Intelligence is seeking a researcher to model risk scenarios for how and why the dollar could lose its global supremacy.
WTI climbs to fresh two-week highs above $52
The barrel of West Texas Intermediate (WTI) fell below the $51 handle on Thursday but recovered a large portion of its losses to close the day at $51.
Indonesia promotes ASEAN Outlook on Indo-Pacific at middle power meet
Indonesia is using a meeting of loosely associated and like-minded countries in Mexico City to promote the vision of an inclusive Indo-Pacific region, underlining the importance of dialogue to foster cooperation instead of rivalry.
SC Comes Down Heavily On TELCOs For Not Paying AGR Dues, Asks Withdrawal Of Centre‘s Order Not To Take Coercive Action
SC Comes Down Heavily On TELCOs For Not Paying AGR Dues
Turkey ready to join CPEC projects, Erdogan says
--Turkish president calls for 'quickly increasing' Pak-Turk trade to $1bn and gradually raising it to $5bn--PM Imran promises to fully facilitate Turkish business community in joint ventures with
Agencies within the US Justice and Treasury Department are Seeking Millions of Dollars in Funding to Oversee the Cryptocurrency Industry
Federal agencies and departments established within the US Justice Department and the Treasury Department are reportedly requesting that millions of dollars be
January Wholesale Price Index stands at 3.1%
The annual rate of inflation based on monthly Wholesale Price Index stood at 3.1% (provisional) for the month of January 2020 (over January 2019) as compared to 2.59% (provisional) for the previous
Blow to Bitcoin Bulls as Price Hits China FUD Level [Again]
Bitcoin was struggling to resume its explosive upside action on Friday as it felt the pressure from a so-called China FUD level. The offbeat
F&O: Options signal Nifty range in 12,000-12,300 zone
India VIX moved up by 1.83 per cent to 13.61.
AGR order: After SC rap, DoT asks telcos to clear dues by midnight
The DoT, which faced the ire of the Supreme Court for putting on hold recovery of dues from telecom companies, started issuing circle or zone-wise demand notices to firms, an order seen by PTI said
China’s virus crackdown leaves millions working at home
The China's government extended the Lunar New Year holiday to keep factories and offices closed. Cinemas, and other tourist sites shut down.
Appili Therapeutics Announces Upsizing of Previously Announced Equity Offering
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATESHALIFAX, Nova Scotia — Appili Therapeutics Inc.
ICAO forecasts $4-5 billion hit to first-quarter airline revenue from virus
ICAO forecast global airline revenue could fall by $4bn to $5bn in the first quarter due to flight cancellations linked to the coronavirus
New CEO Appointed For Harraways
Mr Scott is also pleased to advise that Mr Henry Hawkins has been appointed as the new Chief Executive Officer of the Company. Henry brings a wealth of local and international experience, and knowledge of the food manufacturing sector to the Company. Harraways is fortunate to have him in this role as it embarks on its continuing journey of growth, supplying quality products to both the local and export markets.
Odisha to tap 5T model for mineral resource mapping, extend KALIA scheme
State to also set World-class core sample laboratory and develop select rural habitats as smart villages akin to smart cities
AGR-hit Vodafone Idea postpones Q3 analyst call
The filing, in late evening on Thursday, said the new date of the call will be intimated separately but did not give any reason for the postponement.
DoT Asks Airtel, Vodafone Idea, Others To Clear AGR Dues By Midnight
Airtel has told the DoT it will deposit Rs 10,000 crore of AGR dues by Feb. 20, 2020, and the balance before next date of hearing.
Meet Bitcoin Market’s Most Accurate Technical Indicator: Lamborghini
Take a break Golden Cross, bitcoin now has found a better technical indicator in Lamborghini this Valentine's Day. So it appears, there is a great
3 Reasons Why DexCom's Q4 Update Delighted Investors
The medical-device maker delivered good news across the board for the quarter.
Dry spell: Melaka makes available five portable water treatment plants
MELAKA, Feb 14 — The Melaka government will be providing five Portable Water Treatment Plants (PWTPs) costing a total of RM2.2 million which will be placed in five locations in Zone 1 here that is facing water rationing. State Public Works, Transport and Basic Amenities Committee chairman Datuk...
Supreme Court orders Indian telcos to pay US$13b or face action
NEW DELHI, Feb 14 — India’s Supreme Court today ordered top telecom companies to pay US$13 billion (RM53.8 billion) in unpaid spectrum and licensing fees by March 17 or face punishment in a fresh blow to ailing mobile carriers. Shares in Vodafone Idea, which said it would be hardest hit by the...
Tanzania borrows Sh147bn to construction a 550km SGR
NAIROBI, Kenya, Feb 14 – The government of Tanzania has received a Sh147 billion loan from Standard Chartered Bank Tanzania to fund the construction of Kenya breaking news | Kenya news today |
China reports major drop in new virus cases; 143 new deaths
BEIJING — China reported Saturday a figure of 2,641 new virus cases, a major drop from the higher numbers in recent days since a broader diagnostic method was implemented. The number of new deaths rose slightly to 143, bringing the total fatalities in mainland China to 1,523. The total number of confirmed cases in the …
Some Potential Swaps To Consider (If You Own The Sell Fund)
RVI to OPP, MMT to EHI, CIK to DHY, FLC/PSF to FPF, DSL to DBL, EFR to BSL, BLW to VLT.The buy candidate is not necessarily a buy on its own but it's cheaper and we think better to own here than the s
Pain At The Pump As Fuel Prices Increase In February Review
Super Petrol and Diesel prices have increased by Ksh2.67 and Ksh2.13 in the February 2020 review, the Energy and Petroleum Regulatory Authority (EPRA) has announced.In the review, kerosene price h
Chartered Accountants Ireland excludes Willie McAteer
Willie McAteer has been excluded from Chartered Accountants Ireland after a disciplinary tribunal found he had brought discredit on himself and his profession.
Experienced interim moves to new challenged trust
A struggling hospital trust has appointed an experienced interim chief executive for the coming financial year.
Bitcoin ‘Lambo Line’ Indicator Suggests Bull Market Inbound
According to findings from ChartStar, the number of 'Lambo' mentions on Reddit turns out to be a very good indicator for predicting strong Bitcoin moves.
MOBE ’six-figure income from home’ swindlers to pay FTC $17m, hand over tropical island real estate
21 steps, thousands of dollars, and the secret to easy cash was revealed.
Investors Continue To Look Past The Coronavirus
Tokyo was a notable exception in the Asia Pacific region, as the other major equity markets, like in Hong Kong, China, Taiwan, South Korea, and Australia, advanced. The MSCI Asia Pacific Index rose fo
TRB Ventures targets over RM8bil in property deals this year
KUALA LUMPUR: TRB Ventures Sdn Bhd is targeting over 50 per cent increase in new property sales to 21,000 units worth over RM8 billion this year via its property marketplace platform, MHub.
More risk capital and a strong corporate governance code, key to India's GDP growth: Uday Kotak
Indias aspirational growth of 6-7% depends on risk capital and strong corporate governance code, Kotak said.
EUR/GBP bounces off 2020 lows, around 0.8320
The sterling is correcting lower following the moderate pick-up on Thursday and is helping EUR/GBP to bounce off recent yearly lows in the sub0.8300 r
3 Big Stock Charts for Friday: Dollar General, IPG Photonics, and American Eagle
In this market, winners have run and losers have stayed stuck. These big stock charts focus on three names in between.
Retirement Advisor: Paying For Your Parents' Retirement (Podcast)
A new survey by AgeUp finds that people don’t know much about their parents’ finances and are worried they may have to kick in their own funds to sustain them.The MassMutual unit is offering deferred
BPCL seeks Assam govt’s stand on buying its stake in Numaligarh Refinery
The board of Bharat Petroleum Corporation Ltd (BPCL) has decided to initiate the process of selling its 61.65 per cent stake in subsidiary Numaligarh Refinery Ltd (NRL) amidst indications that the Ass
India’s Antitrust Investigation Into Amazon, Flipkart On Hold
eCommerce News: The Bengaluru court in India put the CCI antitrust investigation into Amazon and Flipkart on hold for two months following a challenge by Amazon.
This is how much Sunderland council tax is going to rise by
“Raising council tax is one of those difficult decisions, if we don’t raise it we will need to cut services further"
Positive Earnings Look as If They’re Already Priced in to Teva Stock
Teva stock rose 9% after a positive earnings report. But after $3 billion in cost-cutting, investors may be looking for additional revenue.
5 Ways to Prepare for a Recession
We don't know when the next downturn will hit, but we do know when to prepare for it.
Renault launches 'made in India' Triber in South Africa, ships 600 units
With base in South Africa, Renault also plans to sell the model, which comes with a one litre petrol engine and flexible seating arrangement, in other parts of the African continent.
Ringgit ends higher versus US dollar
KUALA LUMPUR, Feb 14 — The ringgit closed marginally higher against the US dollar today, tracking the performance of regional peers amid concerns on the Covid-19 outbreak. At 6pm, the ringgit was quoted at 4.1360/1400 versus the greenback from 4.1390/1420 yesterday. FXTM market analyst Han Tan...
Huge potential for US-India ties in energy sector, ready to meet demand: US
Larry Kudlow, economic advisor to Trump, said that talks are going on between India and the US on a trade deal that could be inked during the visit of the president
[PHOTOS] A Condominium Project In Taman Desa Has Partially Collapsed
The 'Protect Taman Desa Coalition' has been protesting the project since 2017.
CS summoned over illegal Sh4.9bn contract
Senators want answers on a contract for provision of Health Care Information Technology.
Lime Asset deliberately deceived investors in awareness of losses: FSS
South Korean fund operator Lime Asset Management and its seller Shinhan Investment deliberately duped investors by concealing their losses and continuing the sale of the related products, the watchdog Financial Supervisory Service said Friday. Based on an intermediary inspection and accounting audit, the FSS estimated that two of the disputed parent funds may suffer losses of up to 730 billion won ($617.5 million). ...
3 Steps to a Socially Conscious Portfolio
So you want your investment holdings to reflect your values and you’re confused by all the so-called E.S.G. funds. Here’s how to start.
Range Resources: Leverage Risk Climbs Sharply
The credit line may not be available when the company most needs it.Cash flow in the third quarter dropped nearly 50% from the previous year.Fourth-quarter cash flow should continue the pattern of pro
2020 - A Close Look At What To Expect
As Q4-2019 earnings continue to push the US stock market higher, what should traders expect going forward in 2020?There are a number of things that could potentially disrupt foreign market expectation
This Bitcoin Metric Is Over 100% Higher in 2 Months, and It’s Critical for Bulls
Over the past 60 days, Bitcoin has found itself rocketing higher, rallying from a low of $6,400 to a local top of $10,500 in the span of two months.
Replace your entire wage with dividends from ASX shares
You can replace your entire wage with dividends from ASX shares.
Xi’s Pick to Save China From Virus Is Loyalist Who Lured Tesla
Barely a month ago, then-Shanghai Mayor Ying Yong was sharing a stage with Elon Musk to celebrate the release of Tesla Inc.’s China-built Model 3 sedans -- the sort of glitzy honor that comes with leading the financial hub of the world’s second-largest economy.
SpiceJet Q3 net profit soars 21% to Rs 78 crore despite 737 MAX troubles
SpiceJet reported growth in air transport services during the December quarter, as segment results for the period almost doubled to Rs 115.05 crore from Rs 58.55 crore from the year-ago period
Volume of construction works, up almost 28 pct, in 2019
The volume of construction works increased last year by 27.6 pct as compared to 2018, as gross series, according to data released by the...
Saudi Arabia Provides Emergency Medical Aid to China
Saudi Arabia announced on Thursday the signing of six contracts with global companies to provide medical equipment and supplies to China in its effort to combat the new coronavirus outbreak. The deals were signed by the King Salman Humanitarian Aid a
Home sales see big jump
The Canadian Real Estate Association says home sales rose 11.5 per cent in January compared with a year earlier to reach the highest sales figures for the month in 12 years, even as new listings remain constrained.
Analysts Admit Bitcoin Could See Larger Price Pullback After 3% Drop
Over the past 60 days, since bottoming at $6,400 in the middle of December, Bitcoin has been on a near-relentless surge higher.
Pantami wants NCC board to link SIM cards, national ID cards, BVN
Pantami, has called on the newly inaugurated Board of NCC to link up sim card registration to National Identification Card and BVN.
Africa’s cloud appetite a boost for its ICT sector
Africa Data Centres CEO Stephane Duproz lauds the influx of global cloud providers on the continent, noting this will benefit the ICT sector.
EUR/JPY Price Analysis: Scope for a drop to 117.00
The bearish note around EUR/JPY remains unchanged for the time being, encouraging the cross to breach the key support at 119.00 the figure. While belo
Beware oil execs in environmentalists’ clothing – BP could derail real change
If the company wants us to believe it can be part of the solution, it needs to stop drilling, says campaigner Alice Bell
Friday’s Insider Report: Chairman invests $1.2-million in this stock yielding nearly 5%
A look at recent notable transactions
China moves to ease mounting anger with reset of virus fight
China took action on two fronts to gain control of the spiraling coronavirus outbreak gripping the country: reporting a dramatic increase in cases and ousting top officials who failed to check the disease’s expansion.
Ramaphosa speaks openly about South Africa’s limited energy supply
While delivering the 2020 State of the Nation Address, President Cyril Ramaphosa spoke openly about South Africa’s limited energy supply.
After US President Trump, Microsoft CEO Satya Nadella To Visit India On 24 February To Attend Company Event
Nadella is expected to attend a company event on 24 and 25 February.
Ramaphosa sees renewables as answer to Eskom’s woes
The president indicates that renewable energy can be the answer to the country’s energy supply needs.
German Economy Grows at Weakest Pace Since Crisis as Coronavirus Hit Looms
Pound Sterling (GBP) Live: Outlook Forecasts and Latest News presented in rolling live format
EUR/CHF: SNB does not find love in prices – Rabobank
The Swiss National Bank (SNB) has the mandate to maintain CPI inflation near 2% on a yearly basis but is currently running at just 0.2%. CHF’s strengt
USTR Robert Lighthizer unlikely to visit India ahead of Trump's tour
The two countries are negotiating a trade package to iron out certain issues and promote two-way commerce
USD/CNH: Side-line trade expected to persist – UOB
There is still scope for USD/CNH to extend the current consolidation in the next weeks, according to FX Strategists at UOB Group. Key Quotes 24-hour v
Food delivery company MatHem raises €47.5 million to continue expanding across Sweden
Swedish online grocer MatHem has raised 500 million SEK, or €47.5 million, to develop a new environmentally certified warehouse in Larsboda and to continue expanding its retail delivery business. The company delivers groceries and small household items and, after ten years in business, has served over half of Swedish households. MatHem’s investors span several sectors. […]
US: Unconvinced retail sales data
The United States has just released retail sales data and the numbers were slightly higher but failed to convince the market, Joseph Trevisani from FX
Machines are now formally part of knowledge economy
The China court ruling that gave copyright protection to AI-generated content opens many doors, but also poses a volley of questions
CBN condemns receiving foreign currency in transfers
CBN has lamented the rate at which international money transfers are done in foreign currencies by Nigerians, saying it is detrimental to naira.
Glenmark Pharma Q3 consolidated net profit rises 64% to Rs 190.83 crore
Consolidated revenue of the company stood at Rs 2,735.56 crore for the quarter under consideration as against Rs 2,555.04 crore for the corresponding period a year ago.
5 bad money habits to give up sooner rather than later
We're not talking about pinching pennies — we're talking about bad money habits that are holding you back from building wealth.
Blame game over 830-mn-euro settlement in VW's German diesel cases
Consumer representatives and car giant Volkswagen each blamed the other Friday for a breakdown in talks over a settlement for 400,000 German customers in the firm's "dieselgate" emissions cheating scandal.
The Refined Investor Series 2020 promises to provide actionable insights for investors
The Refined Investor Series, reputed for high-level conversations is well attended by high profile business leaders and investors- and this year is no different as Fine & Country West Africa will be collaborating with PwC and Udo Udoma & Belo-Osagie as knowledge partners to execute what has been described as one of the most anticipated & insightful Real Estate events for the upper quartile market in Nigeria.
MyTheresa eCommerce Fashion Brand Plans To Go Public
MyTheresa, the online luxury fashion retailer, plans to list on the New York Stock Exchange to take advantage of robust equity markets.
Collect on Rite Aid’s Short-Term Bullishness
My regular readers know I never want to buck the tape, or go against the action in the market, which is why I am recommending a bullish call option on Rite Aid Corporation (NYSE:RAD).
Tesla raises $2 billion in secondary stock offering priced at $767 a share — 5% below where it's trading now
Tesla will sell 2.65 million shares of common stock for a price tag of $US767 a share, the company announced Friday. That’s a 4.6% discount on Thursday’s closing price.
China virus toll revised downward after deaths double-counted
China's death toll from the new coronavirus epidemic was revised downwards to 1,380 on Friday after officials said some fatalities had been counted more than once.
Samsung Electronics says its board chairman offers to resign
Samsung Electronics said on Friday that Lee Sang-hoon, the chairman of its board, had offered to resign, without elaborating on a reason.
Canadian officials helping in Japan after 12 Canadians contract virus on ship
MUNICH — Foreign Affairs Minister Francois-Philippe Champagne says Canadian health workers are assisting in Japan after 12 Canadians contracted the novel coronavirus while on a cruise ship.
Mobility in Africa, breaking new grounds
As Africa enters a technology revolution, the pace of urbanisation will increase, and the ever-pressing issue of mobility will increase with it.
Indonesia's 2020 census to recruit 390,000 volunteers, keen to follow S. Korea footsteps
The BPS will combine door-to-door interviews and data gathering from the Home Ministry’s Population and Civil Registration Directorate General for the 2020 census.
AGR row: After SC rap, telecom dept orders operators to clear dues before midnight
Department of Telecommunications has started issuing circle or zone-wise demand notices to telecom firms, asking them to clear pending licence fees and spectrum usage charges before 11:59 pm on February 14
NZX profit reflects growth in capital markets
The NZX says its full year result reflects the stellar performance of the capital markets over the past year, with momentum expected to drive growth in the coming year. The capital market operator's net profit rose 25.7 percent to $14.6 million in the year to December, and rose 7.1 percent on continuing operations. The market operator said it spent most of its capital investment to upgrade the NZX trading system and NZX Wealth Technologies over the past year. NZX chair James Miller said the 2019 results showed encouraging earnings growth, assisted by strong growth in the local market, which rose more than 30 percent over the year. "This extends the excellent run of New Zealand's sharemarket over the past decade," Miller said, noting the NZX's share price had increased 42 percent over that period.
How Mercy Kyallo Turned Failure to Multi-Million Fashion Brand
The young entrepreneur quit formal employment at an advertising firm to venture into the business that deals in...
After SC rap, DoT orders telcos to clear dues by 11.59 pm today
The DoT, which faced the ire of the Supreme Court for putting on hold recovery of dues from telecom companies, started issuing circle or zone-wise demand notices to firms.
Renault plans a slew of initiatives in India
"We will bring innovation and find slots where demand is there. We have Kwid and Triber and in the second half of this year, we also plan to bring in a new product which would be based on Triber platform," says Mamillapalle
Digital Asset Exchange Liquid.com to Launch FF1 Token, a Cryptocurrency that Helps Create a Diversified and Risk-Managed Investment Portfolio
Liquid.com, a globally accessible digital asset exchange, confirmed on February 11, 2020, that Two Prime’s inaugural FF Token, the FF1, will be officially int
Software Maker Toast Raises Funds at $4.9 Billion Valuation
Toast Inc., which makes point-of-sale technology for restaurants, raised $400 million at a $4.9 billion valuation in a fundraising round led by investors including Bessemer Venture Partners and TPG.
Sindh govt plans to recruit pricing magistrates to curb inflation
KARACHI: The Sindh government on Friday decided to recruit price control magistrates to take action against hoarders and rising commodities’ prices.Speaking on the matter, Sindh Minister for Agr
Thai villagers turn to court in protest over Mekong dam in Laos
BANGKOK (Reuters) - Villagers along the Mekong River have asked a court in Bangkok on Friday to slow down Thai purchases of electricity from a hydropower dam in Laos, which they say has harmed their livelihoods since it began operation last year.
On heels of quarterly loss, Nissan again slashes full-year outlook amid economic uncertainties
After posting only its first third quarterly loss in 11 years, Nissan Motor Co. on Thursday again cut its annual profit forecast due to weak demand and eco
#SONA2020: Renewable energy sector celebrates pledge to bid window 5
The South African Wind Energy Association, along with the broader renewable energy sector have welcomed the announcement that bid window 5 will open soon.
Insured losses from storm Ciara could near $2 billion, RMS estimates
(Reuters) - Total insured property losses from storm Ciara, which was named Sabine in Germany, could be between 1.1 billion and 1.8 billion euros ($1.2 billion-$1.95 billion), catastrophe risk modeling firm RMS estimated on Friday.
RBS profit surges, as bank's new CEO sets climate goal
Looking to the future, Rose said "climate, and the role we can play in accelerating the transition to a low carbon economy" was among her "initial areas of focus where we can make a substantial impact".
EUR/USD New York Price Forecast: Euro off 34-month lows post-US Retail Sales
EUR/USD is trading in a weak bear trend below the main daily simple moving averages (SMAs) as the quote is bouncing off 34-month lows. The US Retail Sales Cont
Facebook - This Cash Machine Keeps On Spitting Out Money
Facebook's cash (and cash equivalents) balance keeps on increasing, exceeding the $50Bn mark (~$55Bn at year end 2020). This is fuelled by strong annual operating cash flow, which has now surpassed th
Sensex, Nifty fall for 2nd day as banking, auto stocks slide
Banking shares tumbled following the Supreme Court taking a strong note of non-compliance of its order asking telcos to pay ₹1.47 lakh crore in statutory dues.
Apple Stores in Beijing Screening Customers for Fever Amid Coronavirus Outbreak
As expected, Apple reopened its five retail stores in the Beijing area today as the Wuhan coronavirus outbreak in China continues. In a video...
Singapore reports nine new coronavirus cases – Reuters
Singapore has reported nine new confirmed cases of coronavirus infections, the biggest daily jump, on Friday, lifting the total count in the country t
NVIDIA Reports Bang-Up Q4 Earnings On Big Data Center GPU Gains, NVDA Shares Spike
NVIDIA saw big gains from its data center efforts, and investors reacted positively to its overall Q4 earnings report, sending the company's share price up more than 6 percent in early morning trading.
Takumi Appoints Mary Keane-Dawson as Group Chief Executive to Accelerate Growth
Following a year of rapid growth, Takumi appoints Mary Keane-Dawson as group chief executive.
EU launches anti-dumping investigation on China aluminum products
LONDON — The European Commission has opened an investigation into whether China is dumping aluminum extrusions, products widely used in transport, construction and electronics, in the European Union, it said on Friday.
High-Tech Shortages Loom As Coronavirus Shutdowns Hit Manufacturers
There are now more than 45,000 confirmed cases of the coronavirus dubbed COVID-19 by the World Health Organization, and the disease has caused at least 1,115 deaths. The impact of the virus is now reaching way beyond public health: China is at the heart of global manufacturing, and as supply chains suffer, panic is...
Millions of couples unaware they're entitled to a £250 cash boost from HMRC
Themarriage tax allowanceallows you to transfer £1,250 of your personalallowance(the amount you can earntax-free eachyear) to your spouse or civil partner - saving you £250 a year
USAID, UBA signs a new partnership deal
Kampala, Uganda | THE INDEPENDENT | The U.S Agency for International Development (USAID) through the Prosper Africa initiative is partnering with the United Bank for Africa (UBA) to increase two-way trade and investment between the United States and the nations of Africa. The partnership will ensure that businesses are equipped with the technical and financial …
China's Xi: Ensuring safety and health of people is a major task
"We need to mend the loopholes exposed in this coronavirus outbreak," China's President Xi Jinping told the Chinese state television on Friday. "Ensur
Deploy self-regulatory mechanism to check influx of substandard goods- SON
SON has urged electronic dealers at Alaba International Market in Lagos to deploy a self-regulatory mechanism to check the influx of substandard goods.
Financial infidelity: 1 in 5 Canadians keep money secrets from their partner
While love is in the air for some this Valentine’s Day, a new survey finds that secrets are too with one in five Canadians admitting to engaging in financial infidelity.
Zuckerberg ‘accepts’ that Facebook may have to pay more tax in Europe
Mark Zuckerberg accepts that global tax reforms mean Facebook may have to pay more taxes in some countries, including in Europe.
USD/JPY: Aiming 110.00 again
Japanese Tertiary Industry Index came in negative for December but beat expectations, while US Retail Sales and Michigan Consumer Sentiment will close
10 things you need to know before the opening bell
This is what traders are talking about.
IOST Partner Suterusu to Bring More Privacy to Its Ecosystem
IOST (IOST), a distributed ledger technology (DLT) project that claims to be focused on delivering the “Internet of Services,” has joined forces with Suterusu, a project that claims to function as a more transparent Zcash (ZEC), with smart contract support. The partnership promises to bring Layer-2 privacy protection to the IOST blockchain through Suterusu’s ZK-ConSNARK zero-knowledge proof protocol, according to reports on February 14, 2020.
Czech Republuc: Healthy economy – ABN Amro
Anke Martens from ABN Amro summarize the situation of the Czech economy which has good health. EUR/CZK trades at 24.7815 as has fallen since January.
'No law left in country?' SC raps DoT officer on staying top court verdict on telcos' AGR dues
The Supreme Court on Friday asked Telecom companies why contempt proceedings should not be initiated against them for failing to pay over Rs 1.50 lakh crore Adjusted Gross Revenue to the Centre and
#TECH: Many lonely hearts are still falling for online fake lovers
It’s heartbreaking that so many lonely hearts are still falling for online fake lovers, writes Nur Zarina Othman
Politico: Zuckerberg accepts Facebook may pay more tax in different places
MUNICH, Feb 14 — Facebook Chief Executive Mark Zuckerberg accepts that global tax reforms mean the social networking giant may have to pay more taxes in different countries, Politico reported, citing excerpts of a speech he is due to give on Saturday. Cross-border tax rules are set to be...
UP govt to promote e-vehicles, targets 10,700 mw of solar energy
The energy minister said the state was targetting solar energy generation of 10,700 megawatt (mw) by 2022 in the private sector to conserve environment and curb pollution
Criticism of company’s vehicle storage proposal
Claims it will only add to the “considerable strain” on local roads
From March 2021, pharma firms marketing drugs will be held responsible for their quality
Currently, only the manufacturers are held liable under the Drugs and Cosmetics Act
Supreme Court rejects telecom operators' plea for new schedule for AGR payments
The telecom companies appealed before the top court challenging its verdict on Rs 92,000 crore past dues
Nigeria has potential to feed Africa’s 1.2 billion people — Ecobank
Ecobank says Nigeria has the capacity to feed Africa’s estimated 1.2 billion people if it harnesses the gains of the agricultural value...
Biggest jump in world defence spending in 10 years: study
Global spending on defence rose by four percent in 2019, the largest growth in 10 years, led by big increases from the US and China, a study said Friday.
These were the worst performing ASX 200 shares last week
The Blackmores Limited (ASX:BKL) share price was among the worst performers on the ASX 200 last week…
Mobile Web Ghana to host Africa Digital Skills Conference in July
news, story, article
Citing Covid-19 ‘emergency’, DPM says mask makers can hire more migrant workers to ramp up output
PUTRAJAYA, Feb 14 — Putrajaya is allowing local manufacturers of face masks to recruit more foreign workers to meet rising market demands over the novel coronavirus (Covid-19) outbreak here. Deputy Prime Minister Datuk Seri Dr Wan Azizah Wan Ismail said the manufacturers pled for a relaxation in...
Keep some powder dry, invest rest in 4 sectors: Gurmeet Chadha
Look at the last one-year return at the shorter end of the yield curve. Even if we have not taken any duration risk, we have clocked 10-12% kind of a return in the short-term debt category which is almost equal to the Nifty return of last one year, says Gurmeet Chadha, Co-founder, Complete Circle Consultants.
Pertamina to kick off gas, oil exploration in Thousand Islands in March
Upstream oil and gas company PT Pertamina Hulu Energi (PHE) Offshore Southeast Sumatra (OSES) plans to start oil and gas exploration in the Thousand Islands, north of Jakarta’s coast, next month.
German economy stagnates as eurozone records weakest growth in seven years
Germany and the eurozone also face the possibility of disrupted trade with Britain, which left the EU on January 31
Whenever my husband and I talk about investing, we fight. How can we get on the same path?
He has almost $100,000 invested in a high interest savings account which I don’t think is an efficient strategy
GMA partners with Korean company for 'Running Man'
GMA-7 partners with SBS Korea in a co-production deal for the local version of the Korean reality-comedy game show, “Running Man”. Present during the contract signing were GMA Chairman & Chief Executive Officer Atty. Felipe L. Gozon; President & Chief Operating Officer Gilberto R. Duavit, Jr.; Executive Vice President and Chief Financial Officer Felipe S. Yalong; VP for Entertainment Group Redgie Acuña-Magno; VP for Business Development Department II Janine Piad-Nacar; AVP for Business Development Department II Bang Arespacochaga & Senior Program Manager Enri T. Calaycay.
Frontline CEO Robert Hvide Macleod On Crude Tanker Markets (Podcast Transcript)
As part of the Virtual Tanker Forum, Value Investor's Edge Live hosted Robert Hvide Macleod, CEO of Frontline.Macleod discussed the dynamics of the crude tanker markets, their scrubber installation pr
Tennessee Republicans worry women will go on tampon-buying frenzy
During an annual three-day holiday, shoppers are allowed to buy computers and clothing tax-free, but a proposal to include tampons has gotten pushback
Alviva shares crash 25% as ICT distribution comes up short
Shares in technology distribution group Alviva Holdings tumbled more than 25% in intraday trading in Johannesburg on Friday after it shocked investors with a profit warning.
Telecom dept orders telcos to clear dues by February 14 midnight
Bharti Airtel offered the Department of Telecom to pay ₹10,000 crore by February 20.
Mike Bloomberg once said taking too much money from the rich and giving it to the poor was a bigger problem than income inequality, Business Insider - Business Insider Singapore
Business Insider - "I think income inequality is a very big problem. But the bigger problem is, you can take money from the rich and move it over to the poor," he said.. Read more at businessinsider.sg
U.S. Dollar Rises On Continued Flow Of 'Safe Haven' Money
The recent rise in the value of the US dollar appears to be connected with the flow of risk averse monies seeking a safe haven investment.This is not a new factor for US markets as the country has rec
European Tour postpones Asian events due to coronavirus
Several sporting events in the region have been postponed.
Temasek arm sells Rs 204 crore Godrej Agrovet shares
The shares were offloaded on an average price of Rs 539.13, valuing the transaction at Rs 204.04 crore.
WHO: Coronavirus cases among health care workers peaked in third and fourth week of Jan
"We need to know more about the infection of 1,760 Chinese health workers, including the time period and circumstances," World Health Organization (WH
India needs urgent structural reforms: IMF
India urgently needs more ambitious structural and financial sector reform measures and a medium-term fiscal consolidation strategy due to the rising debt levels while ensuring a more accommodative fi
Adani group, AAI ink pacts for managing three airports
Adani group, AAI ink pacts for managing three airports Mumbai, Feb 14 ( PTI) Adani Group on Friday inked agreements with the Airports Authority of India (AAI) for the management, operations and development of Ahmedabad, Mangaluru and Lucknow airports. "Today, as we sign the concession agreements for Mangaluru, Lucknow & A'bad with the AAI, its the beginning of another historic journey catering to India's exponential airport infra demands," Adani Group chairman Gautam Adani said in a tweet.
Gas-fired power plant could be built on green belt land
The power plant would be roughly the size of a five-storey building
US: UoM Consumer Confidence improves to 100.9 in February from 99.8
The University of Michigan's Survey of Consumers revealed that the Index of Consumer Sentiment in February improved to 100.9 (preliminary) from 99.8 i
A Segment of One: The new reality
Consumers now have access to all the information they need to define, compare and select the financial products and services that best serve their individual needs.
PAN not linked with Aadhaar to become inoperative after March 31: I-T dept
The deadline for linking of PAN and Aadhar has been extended several times and the current deadline ends on March 31, 2020
The casino hub of Macau will give residents money to keep its economy going during the coronavirus pandemic
Macau will give permanent residents 2.2 billion patacas, equivalent to $US274.9 million, to boost its economy once the deadly coronavirus outbreak subsides, according to officials.
USD/TRY: CBRT rate cut will not impact the lira – TDS
The Central Bank of the Republic of Turkey (CBRT) will announce on Wednesday, 19 February its policy rate. A rate cut is expected for economists at TD
Plastics tax, carbon-trading cash to cover EU’s Brexit gap, officials say
BRUSSELS, Feb 14 — Top European Union official Charles Michel proposed today filling the Brexit gap in the EU’s next long-term budget with revenue from a new tax on plastics and funds from trading carbon emissions. Presenting a so-called negotiating box, which will form the basis of intense...
Delta will invest $1 billion to become first carbon-neutral airline
Delta will invest $1 billion over the next decade in an effort to become the world's first carbon-neutral airline, the company announced Friday.
Manufacturing industry still shrinking despite some January growth
The manufacturing industry is off to a sluggish start with the sector in contraction for the second month in a row. The BNZ-Business New Zealand Performance of Manufacturing Index was 49.6 for January, up on December's 49.3. A reading above 50 points to expansion. BNZ senior economist Craig Ebert said despite the figure, it was still a decent outcome. "Very precisely it's a contraction, but in the broad scheme of things it's pretty much stable.
Coronavirus scare leaves China's empty restaurants selling off stocks
Wang Chuanchao shuttered his restaurant in central Beijing three weeks ago as the scare over the coronavirus epidemic in country kept customers ...
USD/CHF Price Analysis: Greenback off fresh 2020 highs, trades above 0.9800 figure
USD/CHF is easing after hitting new 2020 highs this Friday. The quote is trading below the 100/200-day simple moving averages suggesting an overall bearish bia
Smartlands Looks to Lichtenstein Law for Blockchain based Services, Targets HNWs
Smartlands, a blockchain based Fintech that lays claim to tokenizing the first real estate offering in the UK, says it will revise and expand its legal framewor
Ramaphosa plan no quick fix for SA’s energy woes
Industry experts are looking for timelines.
Fiscal federalism is need of the hour: KTR
‘Telangana’s growth model ideal for overcoming economic slowdown’
Japanese Regulator Blacklists AAFX, Justforex and GlobePro
The Kanto finance bureau of Japan’s Ministry of Finance (MoF) on Friday reminded the public to exercise caution when dealing with affiliates or introducing brokers of unregulated FX companies.
Goldman Sachs-backed intel analytics co Cyfirma raises funds from Z3Partners
The firm has raised $8 million till date.Funds to be used to enhance its predictive capabilities
AEP to welcome Moldova's Central Election Commission officials for exchange of experience
A delegation of Moldova's Central Election Commission will be calling on Romania's Permanent Electoral Authority (AEP) on Saturday and Sunday...
Lonestar Resources: Likely To Be Overwhelmed By Debt Burden And Interest Costs
Lonestar is capable of maintaining production in 2020 while generating a bit of positive cash flow. Its high interest costs prevent it from being able to scale up more though. With debt at 3.9x unhedg
A Seismic Shift? Kraken Releases January Bitcoin Volatility Report
Kraken Intelligence, our team of in-house research experts, has released its Bitcoin Volatility Report for January, 2020. Key Takeaways BTC’s +30.3% price appreciation marked its best start to the year since 2013. Stronger 1-month correlations with gold, oil, and US treasuries suggest that the Iran-US…
Tesco under fire for blocking rival stores opening nearby
Tesco has come under fire for stifling competition in the grocery market for up to 10 years, preventing rivals from opening stores near their own. The competition watchdog said it first approached the country's largest supermarket chain on the issue in 2018 after uncovering evidence it had been stopping landlords from letting property to rivals The Competition and Markets Authority (CMA) said the supermarket may have reduced competition by unlawfully leaning on its landlords not to rent nearby sites to rivals, leaving shoppers worse off. The watchdog stopped short of fining Tesco because it is unable to do so under current rules.
How to get the best deal on your trade-in car
If you’re bringing an old car to the dealership as part of your negotiations for a new set of wheels, your job is to squeeze every possible dollar out of the vehicle you’re trading in
Free delivery, free food and discounts: local eateries fight plunging business amid coronavirus fears, Business Insider - Business Insider Singapore
Business Insider - F&B brands Business Insider spoke to said they were adopting new measures to attract customers, mainly centred around delivery and discounts.. Read more at businessinsider.sg
It doesn’t matter if China hacked Equifax
Blame China? Equifax stole our data first.
Two of Ontario's biggest utilities form new company to create electric vehicle charging network
Two of Ontario's biggest utilities have formed a new company to create a province-wide fast-charger network for electric vehicles.
Tax reform, policy uncertainties to cause oil drop in Nigeria, WoodMac warns
A new report by consultancy firm, Wood Mackenzie, has disclosed that Nigeria’s crucial energy sector could experience a 35% decline in oil output.
Could Micron Stock Run Up to Its 20-Year-Old High Near $97?
MU stock is trying to repeat the breakout it had in 2017. If so, there could be enough upside potential to possibly break a 20-year-old high.
ONGC's Dec-quarter PBT halves to Rs 5,998 cr on fall in oil, gas prices
Standalone net profit in the period at Rs 4,152 crore was 49.8 per cent lower than Rs 8,263 crore net profit in the same period of the previous fiscal year
Kadant, Inc. (KAI) CEO Jeffrey Powell on Q4 2019 Results - Earnings Call Transcript
Kadant, Inc. (NYSE:KAI) Q4 2019 Earnings Conference Call February 13, 2020, 11:00 ET Company Participants Michael McKenney - EVP & CFO Jeffrey Powell - President, CEO & Director Conference Cal
Zuckerberg accepts Facebook may pay more tax outside US - Politico
Facebook Chief Executive Mark Zuckerberg accepts that global tax reforms mean the social networking giant may have to pay more taxes outside of ...
Duty cut to revive horse breeding
The National Horse Breeding Society of India has thanked the Union Finance Minister Nirmala Sitharaman for taking steps to help revive the horse-breeding industry and making ‘Make in India’ a possibil
MADITSSIA hails schemes for MSMEs
MaduraiMadurai District Tiny and Small Scale Industries Association (MADITSSIA) welcomed the schemes announced in the budget, presented in the Tamil Nadu Legislative Assembly on Friday, to leverage th
Kraft Heinz Is Still a Mess
Another disappointing earnings report shows that the company's still in disarray.
SC refuses to extend BS-IV deadline
The Supreme Court on Friday refused to entertain a plea by automobile dealers for permission to sell and register vehicles following the Bharat Stage-IV standard emission norms beyond April 1, 2020.Th
Major drop in new cases
China reported Saturday a figure of 2,641 new virus cases, a major drop from the higher numbers in recent days since a broader diagnostic method was implemented.
AUD/USD steadies above 0.6700, looks to snap six-week losing streak
The AUD/USD pair is struggling to make a decisive move in either direction on Friday and continues to fluctuate in a relatively tight range above the
IMF's Georgieva: Coronavirus is big uncertainty today for world economy
The coronavirus outbreak is a big uncertainty for the world economy, International Monetary Fund's (IMF) Managing Director Kristalina Georgieva said o
Bed Bath & Beyond's Meltdown Has Only Just Begun
The retailer’s unexpected fourth-quarter update indicates that things could get much worse before they get any better.
UN experts: North Korea enhances nukes and illicit trade
UNITED NATIONS (AP) — U.N. experts say North Korea has increased imports and exports of banned and restricted goods such as coal and petroleum products as it continues to enhance...
Price Analysis Feb 14: BTC, ETH, XRP, BCH, BSV, LTC, EOS, BNB, XTZ, ADA
A deeper correction may have to wait as many major cryptocurrencies are looking strong and their uptrend is likely to continue.
U.S. January industrial output falls on weather, Boeing drop
WASHINGTON (Reuters) - U.S. industrial production fell 0.3% in January as unseasonably warm weather held down the output of utilities and Boeing Co (BA.N) cut production of civilian aircraft, the Federal Reserve said on Friday.
RCom Q3 consolidated loss widens to Rs 10,598 cr, income slips to Rs 263 cr
The company had posted a loss of Rs 238 crore in the same period a year ago
Yobe Government approves N220.7m for payment of LG retirees
Yobe Governor, Mai Mala Buni has approved N220.7 million for the payment of retirement benefits to180 retirees from the 17 local government areas
Lakshmi Vilas Bank needs up to ₹2,000 cr. to stay afloat: CEO
Third quarter results kindle hope of raising funds, he says
4 signs it's time to switch banks
If you've been with your bank since you were born and never considered switching, it may be time to take a look at your options.
Triton International Limited's (TRTN) CEO Brian Sondey on Q4 2019 Results - Earnings Call Transcript
Triton International Limited (NYSE:TRTN) Q4 2019 Results Earnings Conference Call February 14, 2020, 08:30 AM ET Company Participants John Burns - Chief Financial Officer Brian Sondey - Chairman and C
Amazon axes delivery partners in U.S.; hundreds of jobs cut
An Illinois company that rapidly expanded over the past two years to deliver packages for Amazon.com Inc. is shuttering operations in five states and letting go hundreds of drivers after failing to meet the e-commerce giant’s standards.
Overwhelming response to Invest Karnataka-Hubballi Conference
As many as 51 memorandums of understanding signed; Rajesh Exports plans to invest ₹ 50,000 crore to manufacture electric vehicles and lithium cells and batteries
MTNL Q3 loss widens to Rs 1065 crore, revenue dips 14% to Rs 624 crore
Employees cost of MTNL during the reported period stood at Rs 755.48 crore
Boeing to extend labor contract with engineer's union by four years
U.S. planemaker Boeing Co said it has agreed to a tentative deal with its engineers' union to extend its labor contract by another four years.
Play the Contrarian And Buy the Dip in Under Armour Stock
UAA stock plunged on awful fourth quarter numbers from the athletic apparel maker, but the sell-off feels overdone.
FOMC minutes unlikely to include new revelations on near-term outlook – TD Securities
"The minutes are unlikely to include any major new revelations on the near-term outlook relative to what was said in the press briefing and this week'
Up 60% the Last 6 Months, This Cloud Company Just Boosted Its Growth Prospects
Important new partnerships will materialize over the next few quarters.
‘Post Aug.5, J&K banks harassing us’
At least 21 Kashmir-based traders bodies on Friday, in full-page advertisements published in local dailies, accused the banks of harassment and persecution of the families of the borrowers in the name
‘Buildings should breathe’
Experts urge incorporation of sustainability aspects right from the drawing board. By M.A. Siraj
Canadian home sales up 11.5% compared with 2019: CREA
The Canadian Real Estate Association says home sales rose 11.5 per cent in January compared with a year earlier to reach the highest sales figures for the month in 12 years, even as new listings remain constrained.
Western Union Pledges Up To 500K Match For Coronavirus Relief
News: Western Union and the Western Union Foundation announced a $1 million worldwide matching challenge to help provide relief for COVID-19, the coronavirus.
Meru medics threaten strike
They will issue a notice next week as talks with the county have failed.
Reinventing Shopping And Agriculture With Innovation
Innovators aim to transform shopping and agriculture with new approaches to shopping centers and farms, with the help of tools like artificial intelligence.
Coronavirus: Maybank Championship and Volvo China Open postponed
The European Tour have been forced to postpone two tournaments in April due to the coronavirus outbreak.
Cisco Remains Big Tech Laggard
Fiscal Q2 continues top/bottom line beat trend.Guidance in-line with expectations down meaningfully.Dividend raised by a penny.
PBAPP warns of looming water crisis in Penang, Kedah
GEORGE TOWN: The Penang Water Supply Corporation (PBAPP) has issued a third alert of a looming water crisis in the northern states after Kedah's Muda Dam water level dropped to a critical 7.44 per cent yesterday.
Agreement signed to establish Saudi science and technology center at Tokyo University
ABU DHABI: Saudi Arabia has unveiled plans to develop AlUla into the world’s largest living museum and a major heritage, cultural, arts and adventure tourism destination. AlUla is known for its natural beauty and archaeological diversity. It has hosted major cultural events, including a site-responsive outdoor art installation featuring the work of Saudi and international
Bharti to make ₹10,000 cr. part payment in AGR dues by Feb. 20
Promises to clear remaining dues ‘well before’ March 17, the date of next hearing
Europe wants G20 to make taxing digital giants top priority this year
BRUSSELS (Reuters) - Europe wants the world’s financial leaders to make it their top priority this year to reach a deal on global rules for taxing digital giants like Google (GOOGL.O), Amazon (AMZN.O) and Facebook (FB.O), a document showed.
AutoNation - 2020 Is Shaping Up To Be A Good Year
AutoNation not only easily beat Q4/2019 earnings expectations, but was able to report strength across the board.The company saw higher margins, strong same-store sales and expects this to continue due
7 Micro-Cap Stocks That Could Double
Hidden micro-cap gems are hard to find, unless investors screen for value and strong revenue growth.
Farmers urged to stick heads above parapet to build trust
Farmers and those working in the agriculture industry must get better at telling their story as a means of building public trust in the sector and the goods it produces.
Malaysian Advertisers Association conference shelved over Covid-19
KUALA LUMPUR: Council members of the Malaysian Advertisers Association (MAA) have postponed the MAA Marketer Conference 2020, which was scheduled for March 27.
BusinessLine wins ANMI award
The Hindu BusinessLine won an award in the “Most Diversified Coverage-Newspaper” category at a ceremony organised by the Association of National Exchanges Members of India (ANMI) in New Delhi on Frida
GBP/USD Price Analysis: Pound easing from weekly high, trades above 1.3000 figure
Following the October and December bull-run, GBP/USD is trading in a rectangle consolidation above its 100/200-day simple moving averages (SMAs). The spot is e
CPP Investment Board posts 3.6 per cent rate of return for its third quarter
The Canada Pension Plan Investment Board says it earned a return of 3.6 per cent during its most recent quarter, after expenses.
7 U.S. Stocks to Buy on Coronavirus Weakness
As bad it is, the coronavirus is a short-term problem. It will pass, and when it does, these beaten-up stocks will rebound in a big way.
Glencore secures five-year deal to supply cobalt to Samsung SDI
(This Feb. 10 story corrects to change title of initiative in paragraph 6)
Proposal on structure of Department of Military Affairs sent to Defence Ministry
In addition to the CDS at the helm, the proposed DMA will have a Secretary, Transformation and Coordination, which will be the Chief of Integrated Defence Staff, an Additional Secretary and five Joint Secretaries.
Coronavirus empties exhibition halls, but over time the show will go on
LONDON (Reuters) - When Victoria Beckham sends her models down the London catwalk on Sunday, many of her most important clients will not be sitting in the front row but following from afar as the coronavirus outbreak hobbles international events.
So you want to buy an election?
A short list of things Mike Bloomberg could buy with his campaign money that would improve his election prospects
Blockchain can help the NHS and ‘Global Britain’ take off
René Seifert suggests that NHS recruiters must turn to Blockchain-enabled identity verification services as post-Brexit ‘Global Britain’ takes off
EOBI increases pension money from Rs 5250 to Rs 8500 per month
EOBI increases pension money from Rs 5250 to Rs 8500 per month
Supreme Court orders telcos to clear AGR dues by Mar 17, threatens contempt
The Supreme Court on Friday said the companies and the federal Department of Telecommunications (DoT) were liable for contempt of court
CS Sicily Kariuki Summoned Over Illegal Ksh4.9bn Tech Tender
The Senate has summoned outgoing Health Cabinet Secretary Sicily Kariuki over an illegal contract for provision of Ksh4.9 billion Health Care Information Technology (HCIT).It has emerged that the
Is COVID-19 a 'black swan'?
The Chernobyl disaster played a big part in making the Soviet public ripe for regime change. Could the coronavirus have a similar effect in China?
LYFT (NASDAQ:LYFT) Given “Buy” Rating at JMP Securities
JMP Securities reissued their buy rating on shares of LYFT (NASDAQ:LYFT) in a report published on Monday morning, TipRanks reports. The firm currently has a $88.00 price target on the ride-sharing company’s stock. Other research analysts have also recently issued research reports about the stock. Wolfe Research upgraded shares of LYFT from an underperform rating […]
Vice premier stresses stable employment amid epidemic
BEIJING, Feb. 13 -- Chinese Vice Premier Hu Chunhua has called for all-out efforts to ensure stable employment amid the novel coronavirus outbreak.
Sensex rises over 200 pts; Nifty above 12,200
According to traders, domestic equities advanced tracking significant foreign fund inflow ahead of the release of wholesale inflation data.
44 million South Africans registered on Electronic Health Patient Registration, says Ramaphosa
President Cyril Ramaphosa said the fundamental condition for growth and development is a healthy and productive population, ...
German economy stagnated in fourth quarter
FRANKFURT — Growth ground to a halt at the end of the year in Germany, Europe’s largest economy, as manufacturing remained in a slump and exports fell. The figure underlines the challenge facing the eurozone.
New regulator rules to save mobile, broadband and TV customers £1bn on bills
New Ofcom rules set to come into effect from tomorrow could save millions of customers up to £1bn a year on landline, broadband, TV and mobile packages.
Myntra names its new chief technology officer
Flipkart and Myntra together control about 70% of the online fashion market share in the country. According to Myntras new CTO Raghu Krishnananda, fashion ecommerce penetration is expected to reach 15% of the total fashion spend in the country in 2020.
Indonesia: IDR limited pressure in the wake of a rate cut – TDS
Low inflation and slower growth are the reasons cited by strategists at TD Securities to forecast a rate cut of 25 basis points in Indonesia. This mea
Gains in AUD/USD look limited for the time being – UOB
FX Strategists at UOB Group believe AUD/USD will likely move into a consolidative phase in the next sessions. Key Quotes 24-hour view: “Our expectatio
India offers U.S. dairy, chicken access in bid for elusive trade deal with Trump
Dykes said the U.S. dairy industry was looking for access in viable commercial quantities.
Top NMC shareholder Muhairi quits board amid turmoil
Abu Dhabi-based healthcare group has faced turbulent time since report questioning finances
Facebook’s Zuckerberg wants ‘new framework’ for digital tax
Facebook founder and CEO Mark Zuckerberg on Friday backed moves by the OECD group of free-market economies to reform the way online giants are taxed worldwide, even if that means companies like his...
EDS submission on Urban Development Bill calls for stronger environmental safeguards
EDS has filed its submission on the Urban Development Bill. The Bill is a companion piece to last year’s KÄinga Ora - Homes and Communities Act, which established KÄinga Ora as a government developer and landlord. What the Urban Development Bill now seeks to do is to position this entity as an urban development authority and endow it with a suite of powers to enable it to undertake urban development at pace and scale.
EUR/USD depressed near 1.0830 ahead of EMU data
After bottoming out (and printing fresh 2020 lows) in the 1.0830/25 band, EUR/USD has managed to regain some poise, trim part of the daily losses and
Royal Bank of Scotland Group changing name to NatWest Group plc as most customers are in England
THE Royal Bank of Scotland Group announced it was renaming itself NatWest – as most customers are south of the border. The rebranding of the Edinburgh-based plc after 51 years is the first ma…
'With Creation Of CDS & DMA, Synergy Among Three Services Will Get Fillip': Army Chief
Army Chief Gen Naravane on Thursday said with the office of the CDS and the DMA coming into being, the "synergy" among the three services will "get a fillip".
Mexico: Banxico changes style as cut rates – TDS
Banxico has substantially changed the style of its monetary policy decision statements. February’s rate cut has introduced somewhat more hawkish eleme
February 2020 week three fuel price – petrol, diesel up
It's Friday, so time again for the weekly fuel price update, and the coming week will see the price of all fuels going up. In the case of RON 95 petrol,
Taiwan’s Foxconn Technology and Yulon to develop electric cars together
Apple supplier owns 51% of new unnamed joint venture
Reuters: Oil prices stabilize, set for weekly gain on hopes for supply cut
The Organization of the Petroleum Exporting Countries and its allied producers are considering cutting output by up to 2.3 million barrels per day.
Ramaphosa unveils overhaul of South African energy industry
The government will invite private companies to submit bids to supply additional renewable energy to the grid.
Indo-US Relationship 'most Transformational' In Current Era: Ambassador Sandhu
The relationship between India and the United States – the two largest democracies of the world – is seen as the most transformational one in the current era, New Delhi's top envoy to the US has said.
GBP/USD: Bulls asking out the pound
Gains on the cable are set to continue as technical indicators point at that, according to an analyst at FXStreet Yohay Elam. Key quotes “The four-hou
TSMC becomes first Taiwan individual stock added to Global Islamic Indexes
Taiwan’s semiconductor manufacturing giant expects more business opportunities from Middle East
Vodafone faces potential collapse after SC orders telecom firms to pay Rs 1.47 lakh crore in a month
Shares of Vodafone Idea tanked on Friday following the Supreme Court verdict. It plunged 16.67% to Rs 3.75 around 2.30 pm.
Despite swelling revenue deficit, Tamil Nadu presents a tax-free Budget
Drop in Centre’s share causes strain
Coronavirus Outbreak: Death Toll In China Rises To 1,488 As Confirmed Cases Of Infection Surge To Over 64,000
As many as 121 new deaths were reported on Thursday, with over 5,000 confirmed cases of infection
AGR dues: Risk of duopoly in telecom higher than before, says analyst
Most of the remaining liability is with state-owned BSNL/MTNL and some of the shut/bankrupt telecom companies
Toyota Mobility Foundation launches City Architecture for Tomorrow Challenge with MDEC in Kuala Lumpur
The cities of today are evolving at a rapid rate, and with increases in population in them, this has placed significant pressure on infrastructure and
World ATM Congress 2020: FABEC OPS Theatre hosts operations experts from around the world
FABEC OPS Theatre returns to World ATM Congress 2020 with a bold agenda centred on new operational concepts including urban air mobility, dynamic airspace configuration, initial Trajectory-Based Operations (iTBO), data sharing, resilience management, interdependencies of ATM performance, understanding delay, and the value of forecasts. The presentations, chosen from more than 50 requests received from five continents, provide valuable insight into new systems entering the market. Speakers will share their experiences and exchange views with industry experts in an international forum
Renault sales and earnings drop in tough market
PARIS (AP) — France's Renault saw its sales and earnings drop last year and says 2020 will be tough due to the need for investment in new technologies just as the market is shrinking.The company said Friday that it sold 3.8 million vehicles last year, down 3.4%, with revenue dropping about the same rate to 55.5 billion euros ($60 billion).That almost wiped out its net earnings, which amounted to just 19 million euros last year compared with 3.4 billion euros a year earlier.Interim chief Clotilde Delbos said "the visibility for 2020 is limited due to an expected volatility in the market.
CBDT backs PM Modi's claim; says only 2,200 professionals declared income above Rs 1 crore in FY19
PM Modi drew flak for his comments recently only 2,200 professionals declared income above Rs 1 crore per annum but CBDT has clarified that it's true
Bursa Malaysia ends higher on news of stimulus package
KUALA LUMPUR, Feb 14 — Bursa Malaysia ended higher today as market sentiment was lifted following news that the government will unveil an economic stimulus package to address the Covid-19 outbreak on February 27. At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 5.30 points to its intraday...
Bengaluru to get daily non-stop flight to US from October
The airliner's Boeing 787 aircraft will take around 17 hours to complete the trip
Big Data is key to creating sustainable travel solutions, say experts
44 per cent of travel technology experts predict that ‘Big Data’ will have the biggest impact on the growth of sustainable travel, according to a survey by Travel Technology Europe. Big Data, which enables patterns, trends, and associations relating to human behaviour and interactions to be identified and analysed, was highlighted alongside a number of other technologies that experts claim can lead to the development of more sustainable travel solutions. “Consider over-tourism for example”, says Rob Golledge, head of communications at Amadeus
Mike Novogratz’s Galaxy Digital Slashes 15% Staff
Galaxy Digital, a crypto merchant bank established by Michael Novogratz, has cut its staff by 13 - around 15 percent of its total workforce.