Economy 44029 May12:0014:0016:0018:0020:00
GBP/USD Forecast: "Breakout above $1.2360 Would Open a Test of Resistance at $1.2465"

29 May 00:00 79 articles

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

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

29 May 00:00 Moneycontrol 1603024964768579582.html
Wall Street retreats ahead of Trump's response on Hong Kong

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

29 May 00:00 Moneycontrol 1603024963697471113.html
'In battle between actual and perceived risk, gold to remain directionless'

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

29 May 00:00 Moneycontrol 1603024963983440247.html
Wall Street ends down in late selloff; Facebook and China weigh

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

29 May 00:00 Moneycontrol 1603024964384515586.html
Asia shares fall as US-China tensions douse rally on Wall St

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

29 May 00:00 The Washington Times 8941836442824777022.html
Dow Jones Futures: Trump China News May Not Break Coronavirus Stock Market Rally; Renault, Twitter In Focus

Donald Trump, the U.S. president, appears poised to sign measures against China that would spur tensions further. He wants to punish Chinese officials

29 May 00:00 Forbes 6028587530858745108.html
Asia Session: Asia Booking Profits Ahead Of The Weekend

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

29 May 00:00 Investing.com 5710361975399843447.html
Top 5 Things to Know in the Market on Friday, May 29th

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

29 May 00:00 Investing.com 5710361974964380768.html
Stocks - Wall Street Falls at Open on Profit-Taking; Trump China Briefing Eyed

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

29 May 00:00 Investing.com 5710361975902429046.html
Gold - Patience Is A Virtue

Commodities Analysis by Florian Grummes covering: XAU/USD, XAG/USD, Gold Futures, Silver Futures. Read Florian Grummes's latest article on Investing.com

29 May 00:00 Investing.com 5710361976162921599.html
Stocks - Europe Lower Amid Nervousness Ahead of Trump Statement

Stocks - Europe Lower Amid Nervousness Ahead of Trump Statement

29 May 00:00 Investing.com 5710361974880076442.html
Metals Nearing Critical Momentum For New Parabolic Rally

Commodities Analysis by Chris Vermeulen covering: XAU/USD, XAG/USD, Gold Futures, Silver Futures. Read Chris Vermeulen's latest article on Investing.com

29 May 00:00 Investing.com 5710361975118768293.html
Dollar in narrow range as focus shifts to Trump's China response

Dollar in narrow range as focus shifts to Trump's China response

29 May 00:00 Investing.com 5710361975317410912.html
Stocks - US Futures Lower; Consolidating Ahead of Trump Speech

Stocks - US Futures Lower; Consolidating Ahead of Trump Speech

29 May 00:00 Investing.com 5710361975331633700.html
EUR/JPY falls back to 200-day SMA as Tokyo inflation beats estimates

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

29 May 00:28 FXStreet 4480975640009040921.html
WTI slips below $34.00 amid risk reset in early Asia

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

29 May 00:31 FXStreet 4480975638955652564.html
Asian shares set to dip in choppy trade over worries about worsening US-China ties; dollar slips, oil prices give up gains

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

29 May 01:13 Firstpost 4760741712028244885.html
GBP/JPY keeps the lower high formation above 132.00 as risk remains heavy

GBP/JPY declines 132.38, intraday low of 132.33, down 0.20% on a day, amid the initial Tokyo open on Friday. In addition to the upbeat economics from

29 May 01:24 FXStreet 4480975639980742928.html
GRAINS-Corn set for biggest weekly gain in more than 7 months

SYDNEY, May 29 (Reuters) - U.S. corn futures rose for a fifth consecutive session on Friday as concerns about adverse weather impacting crops pushed the grain towards its biggest weekly gain in more than seven months.FUNDAMENTALS* The most active corn futures on the Chicago Board Of Trade were up more than 3% for the week, heading for their biggest weekly gain since October 2019.* Corn was up 0.5% at $3.29 a bushel by 0106 GMT after rallying more than 2% on Thursday, when prices hit their highest since April 23 at $3.30-3/4 a bushel.

29 May 01:26 Successful Farming 8502642053910484359.html
Gold picks up a bid amid losses in the US stock futures

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

29 May 01:49 FXStreet 4480975639006966723.html
USD/CNH struggles to hold near to 7.20, bearish bets of weaker dollar play out

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

29 May 02:00 FXStreet 4480975639034592993.html
AUD/USD: Bulls and bears jostle above 0.6600 amid risk-off sentiment

While extending its pullback moves from the intraday low, AUD/USD rises to 0.6638 during Friday’s Asian session. Even so, the Aussie pair manages to f

29 May 02:21 FXStreet 4480975638289456668.html
Gold: Patience Is A Virtue

Gold has been treading water for weeks now and seems to be slightly stuck above US$1,700. The weekly chart is still bullish, and the daily chart is neutral. U.S

29 May 02:26 Seeking Alpha 5725634557617362321.html
USD/IDR Price News: Indonesian Rupiah remains flat despite central bank's bullish comments

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

29 May 02:27 FXStreet 4480975638541835616.html
Outlook & trading strategies for Silver, crude oil by Tradebulls Securities

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

29 May 02:36 Business-Standard 1502508925761420466.html
Global stocks slip as markets await Trump's HK response

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

29 May 02:51 Malaymail 302165936440667508.html
WTI Price Analysis: Oil eyes record monthly surge

While West Texas Intermediate (WTI) crude's front-month contract has backed off from the 2.5-month highs reached earlier this week due to deterioratin

29 May 02:52 FXStreet 4480975638205860597.html
Stocks slip as markets await Trump’s Hong Kong response

Sino-US tensions outweigh optimism over re-opening.

29 May 04:43 Moneyweb 1092550948003994197.html
Stocks slip as markets await Trump’s HK response

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

29 May 05:20 The Indian Express 2885715104038190428.html
NZD/USD faces a tough barrier around 0.6230 – UOB

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

29 May 05:33 FXStreet 4480975639809958108.html
US stocks end lower as China tensions end three-day Dow streak

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

29 May 05:39 CNA 5644198863187169781.html
Natural Gas Price: Room for extra pullbacks

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

29 May 05:50 FXStreet 4480975638992678159.html
USD/JPY: Extra consolidation remains the name of the game – UOB

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

29 May 05:54 FXStreet 4480975639068827505.html
U.S. Stock Market Regains Lead As Top Global Performer For 2020

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

29 May 05:54 Seeking Alpha 5725634557734956879.html
WTI struggles to cheer USD weakness, drops 1.40% in Asia

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

29 May 06:03 FXStreet 4480975639912635548.html
Macro Afternoon

A flat end to the week as the window dressing month end meme takes place across risk assets with most stock markets pulling back here in Asia. Besides the usual end of month reshuffle, risk is still waiting Trump’s policy announcement on China, but it seems he’s too busy having a dummy spit about Twitter instead.

29 May 06:30 MacroBusiness 6890797928858469550.html
EUR/USD: Busted through the 200-day ma scope for the 1.1240 December high – Commerzbank

EUR/USD has at long last taken out the 200-day ma and its current May high at 1.1012/19 with gusto, with scope for the 1.1240 December high, Karen Jon

29 May 06:50 FXStreet 4480975639808517679.html
Tokyo shares snap 4-day winning streak amid U.S.-China tensions

Tokyo shares fell Friday, with both the benchmark Nikkei and Topix indexes snapping their four-day winning streaks, amid concern about worsening U.S.-China tensions over Beijing's new security law that Washington says will undermine the autonomy of Hong Kong. The 225-issue Nikkei Stock Average ended down 38.42 points, or 0.18 percent,…

29 May 07:00 Japan Today 8582716286508229010.html
Dollar in narrow range as focus shifts to Trump’s China response

The local currency shone on Thursday, gaining traction versus the dollar, amid trivial activity. Despite demand for dollars from the corporate and interbank players, the shilling was propelled to close at the 3775-3785 levels as the market was crammed with end month foreign currency inflows. Ahead of the weekend, the home unit may hold on to its recently acquired gains and possibly set new ranges. The dollar was hemmed into a narrow trading range yesterday as traders’ focus shifted to U.S. President Donald Trump’s response to China’s passage of a national security law for Hong Kong. The greenback was on course for a weekly loss against major currencies as progress in lifting coronavirus lockdowns and stimulus plans in Europe weakened demand for safe havens, but the mood could quickly worsen if Sino-U.S. tensions increase.

29 May 07:03 EABW Digital 2826306001316187994.html
USD/JPY drops to near 2-week lows amid escalating US-China tensions

The USD/JPY pair dived to near two-week lows in the last hour, albeit managed to find some support ahead of the 107.00 round-figure mark. Having repea

29 May 07:11 FXStreet 4480975639496828207.html
BoC: The most depleted stockpile of monetary policy ammo any modern governor has inherited – NBF

Warren Lovely and Taylor Schleich from the National Bank of Canada offer up some high-level commentary on how certain conditions evolved under Poloz’s

29 May 07:13 FXStreet 4480975638586137100.html
Seoul stocks end higher on finance minister's FX intervention comments

Seoul stocks ended slightly higher Friday, after South Korea's finance minister hinted at possible intervention in case of volatility in the local currency markets. The Korean won rose against the US dollar. The benchmark Korea Composite Stock Price Index (KOSPI) gained 1.06 points, or 0.05 percent, to close at 2,029.60. Trading volume was moderate at about 1.08 billion shares worth some 13.8 trillion won ($11.2 bil...

29 May 07:17 Koreaherald 8029273603411887064.html
EUR/USD: The trend is positive but a setback is on the cards

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

29 May 07:18 FXStreet 4480975638643350717.html
US Dollar Index drops to 2-month lows near 98.20 ahead of Trump

The greenback faces extra selling pressure at the end of the week and is forcing the US Dollar Index (DXY) to recede to fresh 2-month lows in the 98.2

29 May 07:21 FXStreet 4480975640048749321.html
USD/CNH: Extra gains need to clear 7.2000 – UOB

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

29 May 07:39 FXStreet 4480975639883070391.html
Tokyo stocks close lower on US-China tension

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

29 May 07:43 Malaymail 302165934904464356.html
AUD/USD bulls flirt with 200-DMA, around 0.6660 region

The AUD/USD pair climbed to session tops, around the 0.6660 region in the last hour, with bulls making a fresh attempt to extend the momentum beyond t

29 May 07:51 FXStreet 4480975639963134207.html
Asia shares fall as U.S.-China tensions douse rally on Wall St

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

29 May 08:00 CTVNews 2422791598692309723.html
World shares fall as Hong Kong, U.S.-China tensions weigh

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

29 May 08:00 CTVNews 2422791597904780792.html
US-China tension to push Asian shares lower in choppy trade

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

29 May 08:05 CNA 5644198862835007287.html
Stocks slip as investors await Trump's Hong Kong response

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

29 May 08:13 Financial Post 2379081493464431795.html
USD/CAD holds steady, up little around 1.3770 amid weaker oil prices

The USD/CAD pair edged higher on Friday, albeit lacked any strong follow-through and remained confined in a three-day-old trading range. A sharp fall

29 May 08:23 FXStreet 4480975639984986773.html
Market Pulse on May 28th

S&P 500 3029,73 -6,40.

29 May 08:48 Allnews 678771719806694529.html
The close: TSX ends lower, crude has best month on record

U.S. stocks finish mostly higher as investors take in latest Trump news

29 May 08:53 The Globe and Mail 68426410920224595.html
USD/JPY: Below 107.31/21 the risk turns lower – Credit Suisse

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

29 May 09:05 FXStreet 4480975638540947368.html
EUR/USD climbs to 2-month tops beyond 1.1100

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

29 May 09:09 FXStreet 4480975639361415870.html
GBP/USD: Above 1.2363 would break the March downtrend to re-expose the April highs at 1.2643/48 – Credit Suisse

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

29 May 09:17 FXStreet 4480975640080429102.html
Gold clings to gains near session tops, around $1725 region

Gold edged higher during the early European session and climbed back closer to the previous day's swing high, around the $1727 region. The precious me

29 May 09:32 FXStreet 4480975639874152108.html
GBP/USD Forecast: "Breakout above $1.2360 Would Open a Test of Resistance at $1.2465"

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

29 May 09:43 The Pound Sterling Live 6614579508430576138.html
EUR/USD Forecast: Looking for a Fresh Chance to Buy

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

29 May 09:43 The Pound Sterling Live 6614579508192404869.html
Gold Price Forecast: Move Above $1735 Resistance Required for Bulls to Grab Control Again

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

29 May 09:46 The Pound Sterling Live 6614579508399769140.html
WTI drops 4% and eyes $32 mark amid risk-off, weakening demand

The selling pressure around WTI (July futures on Nymex) accelerates following the break below the 33 level, as bears now target the 32 support zone he

29 May 09:48 FXStreet 4480975640036687837.html
Gold price flat ahead of Trump’s Hong Kong response

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

29 May 09:50 The Indian Express 2885715105093834215.html
Tokyo stocks open lower on US-China tension

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

29 May 10:00 manilastandard.net 4715274784914778304.html
Buy Foot Locker For 50% Upside as the Economy Reopens

Beaten and bruised FL stock is ready to rip higher as the U.S. economy reopens and rebounds in the coming months. Foot Locker has 50% upside.

29 May 10:01 InvestorPlace 24614509126127668.html
USD/CHF dives to 4-week lows, around 0.9600 mark amid notable USD supply

The intraday USD selling bias picked up pace during the early European session and pushed the USD/CHF pair to near four-week lows, around the 0.9600 m

29 May 10:06 FXStreet 4480975638159874930.html
Gold prices up as markets cautiously await Trump's response on HK

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

29 May 10:25 The Economic Times 7653256037856039089.html
Discounted Alibaba Stock Is a Tempting Buy Now

Alibaba stock is likely to come under short-term pressure, but its aggressive growth rate makes it a good long-term play.

29 May 10:46 InvestorPlace 24614510202687908.html
Have No Fear Of Missing Out

The S&P 500 appears to be breaking out to the upside. New all-time highs ahead? The fundamental reality not only challenged but is also in sharp contrast to rec

29 May 10:53 Seeking Alpha 5725634557197907152.html
New York gold traders are drowning in a glut they helped create

Shutdowns strangle supply routes that allow physical bullion to move around the globe

29 May 11:12 Gulf News 2086521545054567926.html
When is the Canadian GDP report and how could it affect USD/CAD?

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

29 May 11:36 FXStreet 4480975638109826880.html
Hong Kong’s Turmoil Makes EWH a Profitable Put Play

With more protests starting in Hong Kong, I think a bearish position on iShares MSCI Hong Kong ETF (NYSEARCA:EWH) is a great way to add some bearish protection.

29 May 13:27 InvestorPlace 24614509967624095.html
3 of the Best Breakout Stocks to Buy Now

Bulls are knocking on the door of resistance in these three breakout stocks. Here are the levels to watch, and how to trade them.

29 May 13:59 InvestorPlace 24614510569383388.html
Stocks quickly cutting losses ahead of Trump's China press conference

Stocks were lower on Friday as traders braced for an upcoming news conference on U.S.-China relations from President Donald Trump.

29 May 18:16 Msn 1509165515618997939.html
4 Top Stock Trades for Monday: ZS, CGC, OXY, UBER

Uber, Occidental Petroleum, Canopy Growth and Zscaler are our top stock trades for Monday. That said, let's look at the charts for the group.

29 May 20:47 InvestorPlace 24614511035789864.html
Stock Market Wrap-Up: Yes, This Retail Stock Really Did Hit a Record High Friday

The overall market was mixed to finish the week, but even a hard-hit industry had a big winner.

29 May 21:31 The Motley Fool 2231313658923426391.html
Bitcoin’s Funding is Flashing a Warning Sign After Rejection at Key Resistance

Bitcoin's rejection at $9,700 has coincided with funding flipping positive. This suggests that sellers are gaining the upper hand over buyers

29 May 23:00 Bitcoinist.com 1696346937032192390.html
Wall St ends mostly higher as U.S.-China spat simmers

U.S. stocks finished mostly higher on Friday after President Donald Trump announced measures against China in response to new security legislation that were less threatening to the U.

29 May 23:01 Financial Post 2379081492079237753.html
Dead Cat Bounce or Real Rally?

Investors are split on whether the rally since late-March is the real-deal or a short-lived bounce. Here's what our quant experts are saying.

29 May 23:53 InvestorPlace 24614510875651545.html
Sundaram Finance posts Rs 131 crore net profit for March quarter

29 May 00:00 52 articles

Sundaram Finance posts Rs 131 crore net profit for March quarter

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

29 May 00:00 Moneycontrol 1603024964076490790.html
Metropolis Healthcare Q4 net profit declines 56% to Rs 15.49 crore

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

29 May 00:00 Moneycontrol 1603024964687918827.html
IIFL Finance March Quarter profit plunges 81% to Rs 59 crore

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

29 May 00:00 Moneycontrol 1603024964641468384.html
Jubilant Life Sciences posts Rs 260.49 crore profit for March quarter

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

29 May 00:00 Moneycontrol 1603024964746015071.html
Sagar Cements Q4 profit down 94% to Rs 1.18 crore

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

29 May 00:00 Moneycontrol 1603024964583721169.html
Sundaram-Clayton Ltd posts 23.43% rise in Q4 standalone net

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

29 May 00:00 Moneycontrol 1603024964961323669.html
V-Mart Retail Q4 net loss at Rs 8.43 crore, net sales at Rs 332.66 crore

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

29 May 00:00 Moneycontrol 1603024965431218572.html
Muthoot Capital Q4 profit falls 40% to Rs 14 crore on auto sector woes

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

29 May 00:00 Moneycontrol 1603024964194991243.html
Auto Corp Goa Standalone March 2020 Net Sales at Rs 75.40 crore, down 29.79% Y-o-Y

29 May 00:00 Moneycontrol 1603024964655204651.html
Dilip Buildcon consolidated Q4 profit more than doubles to Rs 191 crore

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

29 May 00:00 Moneycontrol 1603024965223211260.html
IIFL Finance Consolidated March 2020 Net Sales at Rs 1,286.70 crore, down 7.93% Y-o-Y

29 May 00:00 Moneycontrol 1603024965279926386.html
IIFL Finance Standalone March 2020 Net Sales at Rs 774.65 crore, down 8.34% Y-o-Y

29 May 00:00 Moneycontrol 1603024964356307788.html
Wendt Consolidated March 2020 Net Sales at Rs 26.29 crore, down 28.87% Y-o-Y

29 May 00:00 Moneycontrol 1603024964933849820.html
Wendt Standalone March 2020 Net Sales at Rs 22.79 crore, down 29.9% Y-o-Y

29 May 00:00 Moneycontrol 1603024964727077381.html
Rain Industries Consolidated March 2020 Net Sales at Rs 2,897.65 crore, down 9.35% Y-o-Y

29 May 00:00 Moneycontrol 1603024964861670802.html
Procter & Gamble Health posts net profit of Rs 46.5 crore for March quarter

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

29 May 00:00 Moneycontrol 1603024963791786696.html
Ceat Consolidated March 2020 Net Sales at Rs 1,573.41 crore, down 10.63% Y-o-Y

29 May 00:00 Moneycontrol 1603024963490953671.html
Muthoot Cap Standalone March 2020 Net Sales at Rs 146.90 crore, up 7.67% Y-o-Y

29 May 00:00 Moneycontrol 1603024963974676003.html
Lupin Standalone March 2020 Net Sales at Rs 2,483.88 crore, down 16.42% Y-o-Y

29 May 00:00 Moneycontrol 1603024963366539461.html
Agro Tech Foods Standalone March 2020 Net Sales at Rs 204.67 crore, up 2.24% Y-o-Y

29 May 00:00 Moneycontrol 1603024963985296564.html
LT Foods Consolidated March 2020 Net Sales at Rs 1,197.95 crore, up 18.76% Y-o-Y

29 May 00:00 Moneycontrol 1603024963793612082.html
Hind Nat Glass Standalone March 2020 Net Sales at Rs 537.00 crore, down 15.34% Y-o-Y

29 May 00:00 Moneycontrol 1603024963852687996.html
RCF Q4 profit jumps nearly 3-fold at Rs 142 crore

Total income rose to Rs 2661.91 crore in the fourth quarter of the last fiscal from Rs 2297.94 crore in the corresponding period of the previous year.

29 May 00:00 Moneycontrol 1603024965394021351.html
KEC International Q4 profit down 3% to Rs 193 crore

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

29 May 00:00 Moneycontrol 1603024964106778873.html
Hold Dabur India; target of Rs 492: Arihant Capital

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

29 May 00:00 Moneycontrol 1603024965081159988.html
Andhra Paper Q4 net profit up 55% to Rs 93 crore

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

29 May 00:00 Moneycontrol 1603024965354415120.html
Buy Kewal Kiran Clothing; target of Rs 820: ICICI Direct

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

29 May 00:00 Moneycontrol 1603024963788054212.html
Buy Sun Pharmaceutical Industries; target of Rs 540: ICICI Direct

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

29 May 00:00 Moneycontrol 1603024963736657862.html
Buy Radico Khaitan; target of Rs 400: ICICI Direct

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

29 May 00:00 Moneycontrol 1603024964558965213.html
Slideshow | Gainers & Losers: 10 stocks that moved the most on May 29

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

29 May 00:00 Moneycontrol 1603024963319391122.html
RIL Rights Entitlement shares ends at 7% premium over intrinsic value on May 29

The intrinsic value is the difference between Reliance Industries share price (Rs 1,460) and rights issue price (Rs 1,257).

29 May 00:00 Moneycontrol 1603024964607709284.html
Hold Aarti Industries; target of Rs 1002: East India Securities

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

29 May 00:00 Moneycontrol 1603024964005671915.html
Dilip Buildcon raises Rs 100 crore through NCDs

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

29 May 00:00 Moneycontrol 1603024963517076646.html
Hold TVS Motors; target of Rs 318: Prabhudas Lilladher

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

29 May 00:00 Moneycontrol 1603024964302161104.html
Here's the list of outperforming stocks rising most since lockdown

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

29 May 00:00 Business-Standard 1502508925337671879.html
Lupin’s Q4 net profit rises 35 per cent 

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

29 May 00:00 Telangana Today 8182025566700645226.html
Wipro shares jump 7 per cent on new CEO appointment

Shares of Wipro on Friday closed nearly 7 per cent higher after the company announced the appointment of Capgemini Group veteran Thierry Delaporte as its CEO and MD, effective July 6.

29 May 00:00 Telangana Today 8182025566728535733.html
Stocks to watch: RIL, Voda Idea, Wipro, Voltas, YES Bank, Cadila Healthcare

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

29 May 03:20 Business-Standard 1502508924747055624.html
TVS Motor shares dip over 3% as March quarter profit plunges 43%

The company said it had successfully transitioned to BS-VI

29 May 04:34 Business-Standard 1502508926577703822.html
Rain Industries surges 17% on healthy operational performance in March qtr

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

29 May 05:07 Business-Standard 1502508926153292900.html
CEAT up 6% on 14% YoY growth in Q4 EBITDA, partial resumption of operations

The company has resumed operations at most of its factories with easing in lockdown restrictions, and is gradually witnessing pick up in demand as well, Kumar Subbiah, CFO of CEAT said

29 May 05:40 Business-Standard 1502508925917008756.html
Lupin Q4 results: Net profit rises 35% to Rs 390 crore

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

29 May 05:57 The Economic Times 7653256036844409520.html
Lupin Q4 results: Consolidated net profit rises 35% to Rs 390 cr; income from operations marginally down

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

29 May 07:08 Firstpost 4760741711811583381.html
Lupin Q4 net profit up 35% to Rs 390 cr on robust sales, lower tax expenses

In the current times, Lupin has been able to ensure business continuity while safeguarding the health and safety of its employees

29 May 08:54 Business-Standard 1502508925692180102.html
Blue Star to raise Rs 300 crore via NCDs

29 May 09:44 Free Press Journal 9080771788639382556.html
Covid-19 impact: IndiGo, SpiceJet may clock combined Q4 loss of Rs 3,350 cr

According to Elara Capital, IndiGo and SpiceJet could report a cumulative net loss of Rs 3,350 crore in Q4FY20, as against a profit of Rs 570 crore in Q3FY20 and Rs 650 crore in Q4FY19.

29 May 09:48 Business-Standard 1502508926529607621.html
Vodafone Idea stock jumps 35% on report of possible stake sale to Google

Analysts, however, say a 5 per cent sale will not help much given the cash burn and rising debt

29 May 13:36 Business-Standard 1502508925047644177.html
Bank credit shrinks 1.2% in April, gross bank credit falls to Rs 91.53 trn

Loans in the retail segment contracted 2.5 per cent to Rs 24.90 trillion

29 May 14:41 Business-Standard 1502508924560375248.html
ESAF Small Finance Bank Q4 PBT up 42% at Rs 74 cr, income rises 32%

Full-year PBT doubles to Rs 256.26 crore from Rs 127.18 crore

29 May 15:26 Business-Standard 1502508926521345408.html
Lupin reports 25% fall in pre-tax profit at Rs 412 cr in Q4 on low sales

On a sequential basis, however, the company fared better, both in terms of sales and profits. The stock ended day's trade at Rs 869.8, down 1.3 per cent.

29 May 17:13 Business-Standard 1502508925032360264.html
Moody’s downgrades IIFL Finance to B1

Moody’s has also downgraded the senior secured programme rating of India Infoline Finance to (P)B1 from (P)Ba3.

29 May 23:36 The Financial Express 1288289580653876210.html
UPL rating: Neutral — Synergies drove results in quarter

High debt a key concern for company; ‘Neutral’ maintained with target price of Rs 424

29 May 23:54 The Financial Express 1288289579991226397.html
Markets buck global trend, march higher for third day

29 May 00:00 46 articles

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

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

29 May 00:00 Moneycontrol 1603024965372691498.html
Gold price dips marginally to Rs 46,929, silver gains

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

29 May 00:00 Moneycontrol 1603024965011700708.html
Indian rupee settles 14 paise higher at 75.62 against US dollar

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

29 May 00:00 Moneycontrol 1603024964885525730.html
Market-wide rollover remains strong, expect Nifty to move towards 10,000-10,200

Marketwide rollover is seen at 93 percent. Nifty rollover is at 76 percent as compared to 3-month average of 70 percent. Bank Nifty rollover is seen at 81 percent as compared to 3-month average of 71 percent.

29 May 00:00 Moneycontrol 1603024964021514611.html
'Global growth worries, US-China tensions likely to keep crude prices choppy'

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

29 May 00:00 Moneycontrol 1603024964931425372.html
Crude futures slip nearly 5% on demand concerns; gain 86.61% in May

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

29 May 00:00 Moneycontrol 1603024964225120370.html
Sensex drops over 300 pts in early trade; Nifty tests 9,400 level   

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

29 May 00:00 Telangana Today 8182025567514113125.html
Sensex surges 224 pts; Nifty tops 9,550-mark

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

29 May 00:00 Telangana Today 8182025566800388259.html
Nifty view & stock calls by Nilesh Jain of Anand Rathi: Buy Titan, HCL Tech

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

29 May 02:21 Business-Standard 1502508925377764465.html
Here's a derivative strategy on Tata Motors by HDFC Securities

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

29 May 02:36 Business-Standard 1502508925279767277.html
Business Live: Indian shares fall ahead of GDP data; Vodafone jumps

Updates from the world of economy, markets, and finance

29 May 04:06 The Hindu 6679535025163072287.html
Equity market records N29bn loss

Johnson Okafor Trading activities on the floor of the Nigerian Stock Exchange fell by 0.22 per cent on Thursday to halt its gaining streak as market speculators began profit-taking. Consequently,...

29 May 04:07 Punch Newspapers 3524240993914380002.html
Share Market Update: Sensex ends 233 points higher, Nifty at 9,580; Wipro, BPCL, ONGC, Indian Oil top gainers

Stock Market LIVE Updates:

29 May 04:12 Business Today 1145527432009160480.html
Sensex, Nifty fall ahead of GDP numbers; Vodafone Idea jumps 14%

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

29 May 04:15 India Today 4286117813990442598.html
Rupee rises 7 paise against the US dollar; all eyes on GDP data

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

29 May 05:26 The Economic Times 7653256036476149663.html
What's the cost of Covid lockdown? Today’s GDP data will give an idea

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

29 May 05:33 The Economic Times 7653256037626196390.html
U.S. Stocks Expensive Any Way You Cut It, Says Oxford Economics

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

29 May 05:34 Bloomberg.com 4032480121253672037.html
Rupee rises 11 paise to 75.65 against US dollar in early trade

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

29 May 05:44 The Indian Express 2885715105111403138.html
Markets Weaken On Opening Session As Sensex Slips 247.86 Points, Nifty At 9438 Points

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

29 May 05:58 Abplive 5873643726300780484.html
Auto index outperforms benchmark Sensex for second straight month

In the past two months, M&M has rallied 55%, while Hero MotoCorp soared 46% followed by Escorts (up 37%) and Bajaj Auto (up 32%)

29 May 06:00 Business-Standard 1502508926111214522.html
ASX climbs 4.2pc in May as fallen stocks find favour

A miraculous late run for the banks lifted the ASX from a mediocre month to sharp rise, adding to a rebound for mining, tech and restrictions-hit companies.

29 May 07:10 Australian Financial Review 3974284486438766064.html
Crude has best month on record in May as prices surge 88 per cent

Canada's oil patch has little to celebrate even though crude oil prices concluded their best ever month.

29 May 08:00 CTVNews 2422791597135341129.html
Pharma shares in focus: Cipla, Aurobindo Pharma hit 52-week high

Dr Reddy's, Divis Labs, Biocon, JB Chemicals, Caplin Point Lab, Aarti Drugs, Indoco Remedies, RPG Lifesciences and Glenmark Pharma were up in the range of 3% to 5%.

29 May 08:14 Business-Standard 1502508925918720848.html
Foreign Stakes in Top India Firms at 5-Year Low on Risk-Off Mood

Holdings of global funds in the Nifty-500 Index fell 140 basis points during the three-month period to an average 21 per cent, analysts wrote in a note.

29 May 08:26 NDTV.com 5090057681303518826.html
Rupee: Go long above 75.6

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

29 May 08:30 BusinessLine 5283600944703826.html
Nifty 50 June Futures (9,404)

The Indian benchmark indices i.e. the Nifty spot and the Sensex spot indices are trading with a downward bias. The Nifty spot is down by 0.2 per cent whereas the Sensex spot is down by 0.4 per cent. A

29 May 08:33 BusinessLine 5283600441081718.html
Rupee settles 14 paise higher at 75.62 against US dollar

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

29 May 08:57 The Hindu 6679535026352466082.html
Rupee settles 14 paise higher at 75.62 against US dollar

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

29 May 09:00 The Hans India 817019414843662664.html
Stocks in focus: Vodafone Idea, RIL, Yes Bank, Voltas, Bank of India to remain in action

KEC, Lemon Tree, Equitas Holdings, Jubilant Life Sciences, Procter & Gamble Healthcare, Voltas, Dilip Buildcon and V-Mart Retail are among 31 companies which are scheduled to announce their March quarter earnings today.

29 May 09:00 The Financial Express 1288289580548996909.html
Rupee appreciates 14 paise to close at 75.62; forex traders say investors await Q4 GDP data

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

29 May 09:14 Firstpost 4760741711730271823.html
Market LIVE: Sensex ends 600 pts up from day’s low, Nifty settles at 9,568; HDFC, ITC among top contributors

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

29 May 10:04 The Financial Express 1288289579708855097.html
RIL, HDFC Bank send Sensex 300 points down; check what’s dragging markets today

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

29 May 10:18 The Financial Express 1288289580294210132.html
Sensex drops over 300 pts in early trade; Nifty tests 9,400 level

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

29 May 10:22 Deccan Herald 2027555796706209546.html
Sensex rises 224 points, Nifty ends above 9,500-mark lead by pharma, FMCG stocks

The S&P BSE Sensex rose 223.51 points (0.69 per cent) to settle at 32,424.10, while the Nifty 50 ended at 9,580.30, up 90.20 points (0.95 per cent).

29 May 10:33 The Indian Express 2885715104334174037.html
Markets march higher for third day; post weekly gains

India Business News: Equity benchmarks finished in the green for the third session on the trot on Friday as investors scooped up FMCG, finance and banking stocks despite n

29 May 10:42 The Times of India 6060938663212048903.html
Sensex surges 224 points; Nifty tops 9,550-mark

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

29 May 10:54 The Hindu 6679535026146319127.html
This telco stock has doubled in two months; eyes fresh highs

Bharti Infratel share price has doubled from its 52-week low of Rs 121 touched on March 19, 2020. However, the stock is still 22% lower from its 52-week high of Rs 295.75 registered on December 2 last year

29 May 11:11 Business Today 1145527432305073468.html
Rupee rises 11 paise to 75.65 against US dollar in early trade

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

29 May 11:12 Deccan Herald 2027555797530136510.html
Bharti Infratel share price doubles from March lows, stock gains 8% today; check new target prices

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

29 May 11:57 The Financial Express 1288289579719679162.html
Sensex, Nifty close higher for third straight session: Key factors behind the share market rally

Amid weak cues from global markets, Sensex and Nifty opened lower, although erased early losses and reversed trend by the last hour of the session, amid rally in sector specific action. Barring IT and media, all the indices closed higher, amid heavy gains in realty, pharma and FMCG stocks

29 May 12:42 Business Today 1145527432039066218.html
Gold prices jump today as investors seek safe-haven assets amid heightened US-China tensions

The gold prices on the MCX inched higher as overnight COMEX gold appreciated due to worsening economic data from the US and trade relations with China

29 May 12:43 The Financial Express 1288289581055946727.html
Nikkei dented by US-China tensions, but scores best month since 2015

Japanese stocks retreated from three-month highs on Friday as escalating US-China tensions over Hong Kong prompted investors to lock in profits, but easing coronavirus restrictions helped Nikkei mark

29 May 13:16 Deccan Herald 2027555797926921003.html
Market watch: KSE-100 rises despite rupee depreciation

Benchm­ark index gains 235.81 points to settle at 33,931.23

29 May 15:29 The Express Tribune 1105816787636584991.html
Sensex ends 6% higher this week, Nifty Bank surges 12%; check key factors behind markets’ upmove

Sensex recovered 600 points from day's low to end at 32,424 while Nifty 50 index settled at 9,580. During this week both Sensex and Nifty gained 6 per cent each

29 May 16:13 The Financial Express 1288289580100942891.html
Late surge in share prices helps markets improve returns scorecard in May

A sharp surge in share prices during the last week of May helped the markets improve their returns scorecard for the month. The benchmark Sensex and Nifty ended with losses of 3.8% and 2.8%

29 May 18:17 Business-Standard 1502508925197962455.html
Markets buck global trend, march higher for third day

On Friday, the benchmark Nifty was up by 90.20 points or 0.95% to close at 9,580.3. The 30 share index Sensex was up by 223.51 or 0.69% to close at 32,424.1.

29 May 23:34 The Financial Express 1288289580145277737.html
India's economic growth dips drastically during coronavirus pandemic

29 May 00:00 45 articles

Capitec sends out Covid-19 warning

Capitec, one of South Africa’s largest banks, has warned that the impact of the Covid-19 pandemic will dent future earnings.

29 May 00:00 BusinessTech 2153596439253050557.html
GDP numbers: Data collection affected due to COVID-19 outbreak, says government

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

29 May 00:00 Moneycontrol 1603024964002400698.html
Q4 GDP data today: Why does the growth number matter to us?

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

29 May 00:00 Moneycontrol 1603024963766404024.html
Modi Govt 2.0 | Bold steps with a focus on long-term reforms

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

29 May 00:00 Moneycontrol 1603024965053959558.html
Low Q4 growth telling commentary on economic mismanagement of BJP govt: Chidambaram

India's economic growth slowed to 3.1 percent in January-March and to an 11-year low of 4.2 percent for the full fiscal 2019-20 amid a drop in consumption and investment.

29 May 00:00 Moneycontrol 1603024964199471251.html
Restarting The American Economy: The Most Essential Factors

According to some sources, unemployment is expected to reach 25.2% by the end of this year.

29 May 00:00 Forbes 6028587530401218518.html
Council may find it difficult to raise GST rates

 The GST Council is unlikely to make major changes in the indirect tax structure at its next meeting slated mid June.

29 May 00:00 Telangana Today 8182025567676095131.html
Unprecedented unemployment

One in every four Indians is unemployed now. The coronavirus-induced lockdown for the longest period in the world has triggered job losses

29 May 00:00 Telangana Today 8182025566558296855.html
Bank of Canada to hold rates at 0.25% through end of next year: Reuters poll

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

29 May 00:00 Investing.com 5710361974683785604.html
Debt relief plans for world's poor countries inch forward

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

29 May 00:00 Otago Daily Times Online News 3107042080584120244.html
India's economy seen slowing rapidly in March quarter, with worse to come

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

29 May 00:21 Yahoo 7097669637717529319.html
FSDC meet: Govt, regulators to step in with more liquidity measures

Both the Centre and the regulators have stepped up focus on “avoiding a prolonged period of dislocation in financial markets”, the council added.

29 May 01:08 The Financial Express 1288289580098261685.html
India's economy may have grown at slowest in 2 years during March quarter

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

29 May 01:53 Business-Standard 1502508925800783787.html
Lockdown impact: Economy seen slowing rapidly in March qtr, with worse to come

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

29 May 02:48 India Today 4286117813347177802.html
Pakistan to float $1.5b Eurobonds

Move comes after inflow of hot foreig­n money proved costly

29 May 04:00 The Express Tribune 1105816787576398859.html
GDP Numbers Expected To Show India's Economy Grew At Slowest Pace In 2 Years

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

29 May 04:06 HUFFPOST 6665507018615307945.html
Exports to stay low due to liquidity woes

Busine­ssmen term zero-rating indisp­ensabl­e to remove hardsh­ips

29 May 04:07 The Express Tribune 1105816786936255687.html
India’s economy seen slowing rapidly in March quarter, with worse to come

Economists expect worst financial contraction in four decades

29 May 04:08 The Globe and Mail 68426411471686560.html
Budget 2020: FG in fresh bid to borrow N5.51trn

THE Federal government has asked the National Assembly to approve a total of N5.51 trillion external borrowing to fund its 2020 budget

29 May 05:00 Vanguard News 4125100339445154017.html
S&P: Indian economy will shrink by 5% in FY21 due to coronavirus crisis

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

29 May 05:29 FXStreet 4480975638307427644.html
Commentary: Embattled China knows its national priority is the economy

Notwithstanding controversy over a Hong Kong security law and brewing tensions with the US, proceedings at the National People’s Congress and ...

29 May 06:12 CNA 5644198863821801283.html
India's economy seen slowing rapidly in March quarter, with worse to come

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

29 May 06:21 Bdnews24 8119004129304994366.html
'Biggest Blow Since World War II': Danish Economy Expects 5.3% Nosedive

In what has been described as a marathon with no single solution, the Danish economy is expeted to shrink by over $15 billion in the aftermath of the novel coronavirus...

29 May 07:24 Sputniknews 967333869125372102.html
We’ll probably lose 1-2 years of our economic life to Covid: Indranil Sengupta

‘Indias GDP may contracts 1.3 per cent in benign case, and go up to minus 5 per cent in worst case

29 May 07:26 The Economic Times 7653256038006586449.html
Expect no direct financial stimulus – Kasaija

Kampala, Uganda |  THE INDEPENDENT |  The Finance Minister Matia Kasaija has said that the government does not have a provision for any fiscal stimulus for businesses that have been affected by the impacts of the COVID-19 pandemic. Several economists and players within the private sector have been calling upon the government to consider giving economic …

29 May 08:00 The Independent Uganda: 5099025990473687838.html
India's economy seen slowing rapidly in March quarter, with worse to come

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

29 May 08:11 Deccan Herald 2027555796108872763.html
Migrants To Get Cash In Hand, Government Has Not Ruled Out Poor: Sources

Government has not ruled out cash transfer to the poor or migrant workers and said it will look at giving cash handouts as the situation evolves.

29 May 08:14 NDTV.com 5090057681787653772.html
Japan’s low unemployment rate conceals deeper labour market pain

TOKYO, May 29 — Japan’s labour market in April appeared to be weathering a severe slowdown in economic activity due to the coronavirus pandemic, but a closer look at official data released today revealed a less rosy picture. Japan’s jobless rate rose to 2.6 per cent in April from 2.5 per cent...

29 May 08:45 Malaymail 302165934742061668.html
Resurgent inflation would be very dangerous – Natixis

If inflation does return from 2021, the consequences could be very severe as a debt crisis would be inevitable, according to analysts at Natixis. Read

29 May 08:45 FXStreet 4480975638525722373.html
Finance ministry not in favour of raising GST rates on non-essential items

Although government has eased restrictions in the ongoing lockdown and allowed businesses to restart operations, India’s more than two-month-long lockdown and flight of migrant workers from urban and industrial centres have crippled economic activity.

29 May 09:08 Livemint 6614605818833713016.html
Debt relief plans for world's poor countries inch forward

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

29 May 10:00 The Jakarta Post 7678601104038264695.html
Pakistan plans to raise $1.5bn in Eurobonds, officials say

Pakistan News: Pakistan plans to raise $1.5 billion through Eurobonds to bridge a balance of payments gap for the financial year beginning July 1, said sources. With

29 May 10:11 The Times of India 6060938664709107153.html
Statistics Canada expected to report GDP down nine per cent in March

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

29 May 10:25 CP24 1887544296495592171.html
GST Council may find it difficult to raise GST rates

It was widely expected that the GST Council could consider raising tax rates and cess on certain non-essential items to boost revenue for states and the Centre.Several states have reportedly taken an over 80-90% hit in GST collections in April

29 May 10:28 Livemint 6614605819269358820.html
Modi’s Rs 21 lakh cr package not enough; industry says govt needs to do this for companies to survive

Given the major disruptions caused by the coronavirus pandemic, the industry has asked for increased government spending, direct cash transfers to consumers, and deferment of taxes.

29 May 11:29 The Financial Express 1288289580943827239.html
Govt unlikely to press for hike in GST rates for non-essentials next month

However it will have to find ways in which essential and non-essential items can be segregated

29 May 12:08 Business-Standard 1502508926526211004.html
India GDP growth slows to 3.1% in Q4, stands at 11-year low of 4.2% in FY20

The second Advance Estimates, released on February 28, had projected the FY20 growth rate at 5 per cent

29 May 12:19 Business-Standard 1502508925541543150.html
India quarterly growth worst in 2 decades as lockdown bites

India, Asia's 3rd largest economy, expands by just 3.1% in January-March 2020

29 May 15:15 Rappler 1882105643811355860.html
Low demand, high inventory; housing sector facing its worst: CREDAI head

Shah said that interest subvention is the "need of the hour"

29 May 15:20 Business-Standard 1502508925989600952.html
India's economic growth dips drastically during coronavirus pandemic

Indian economy grew by 4.2% in fiscal year ending March, down from 6.1% previous year

29 May 19:06 Gulf News 2086521544262826399.html
US consumer spending sinks by record 13.6% in face of virus

Even with employers cutting millions of jobs, personal incomes soared 10.5 per cent in April, reflecting billions of dollars in support through government payments in the form of unemployment aid and stimulus checks.

29 May 19:32 The Financial Express 1288289581476026653.html
‘Telling commentaryon BJP management’: Cong hits out after dip in GDP growth rate

Congress leader and former finance minister P Chidambaram blamed the government’s economic management for the new low in GDP growth.

29 May 19:43 The Indian Express 2885715104989300264.html
GST hike on non-essential items unlikely despite falling revenues

Sources indicated that as of now there is no proposal to reduce GST rate on essential items, even as it is ultimately GST Council which will take any decision on changing the tax rates and not just the central government.

29 May 20:22 The Indian Express 2885715105225658193.html
12-year low — and Before Covid

2019-20 economic growth tumbles to 4.2%

29 May 22:19 The Telegraph 2864094127198034719.html
Financial Markets Continue To Rise Despite Dismal Employment Data

The April unemployment rate was 14.7 percent as jobless claims continue to roll in. Q1 GDP was down 5 percent. If consumer spending does not rebound, then the r

29 May 22:58 Seeking Alpha 5725634556618538473.html
Renault Cutting Nearly 15,000 Jobs Worldwide to Save Costs

29 May 00:00 39 articles

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

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

29 May 00:00 BNN - Baltic News Network 1847219822270856539.html
Renault poised to announce 15,000 lay offs worldwide

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

29 May 00:00 Moneycontrol 1603024965087732964.html
French carmaker Renault to cut 15,000 jobs worldwide

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

29 May 00:00 The Washington Times 8941836442755062329.html
Renault to cut 15,000 jobs

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

29 May 00:00 Telangana Today 8182025568155724037.html
We thought too big, Renault says as it axes 15,000 jobs in cost-cutting reboot

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

29 May 00:00 Investing.com 5710361974738730182.html
French carmaker Renault announces 15,000 job cuts worldwide

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

29 May 00:00 The Pioneer 1146783232630092176.html
Volkswagen spending $2.2 billion to expand in China’s electric car market

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

29 May 00:00 Telangana Today 8182025567132434382.html
Nissan Shares Fall as Turnaround Spending Leads to Massive Loss

Nissan Motor Co. shares fell as much as 7.7% after the Japanese automaker posted a 671 billion yen ($6.2 billion) net loss for the latest fiscal year due to new restructuring measures and the coronavirus pandemic.

29 May 02:17 Daily Maverick 2373996787902850690.html
Renault To Cut Nearly 15,000 Jobs, Alpine A110 Future In Doubt

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

29 May 02:38 Motor1.com 1648269241399631840.html
Renault poised to announce 15,000 layoffs worldwide: union

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

29 May 02:40 CNA 5644198862558315927.html
Coronavirus crisis: Renault to lay off 150,000 employees globally

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

29 May 03:50 Business Today 1145527431237434548.html
Faltering Renault to cut 15,000 jobs worldwide, including 4,600 in France

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

29 May 04:19 France 24 5635134571035291232.html
Renault poised to announce 15,000 layoffs worldwide

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

29 May 04:35 The Indian Express 2885715105049920910.html
Nissan falls behind rivals in industry's critical transitional period

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

29 May 05:48 The Japan Times 6673764367436547863.html
French Carmaker Renault Plans to Eliminate Nearly 15,000 Jobs Worldwide Amid Pandemic

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

29 May 06:01 Sputniknews 967333868241438153.html
VW spending $2.2B to expand in China's electric car market

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

29 May 06:05 680News 8014034334214280675.html
Renault announces nearly 15,000 job losses worldwide

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

29 May 06:24 RTE.ie 7595237278015603014.html
Renault to restructure factories, confirms 15,000 job cuts

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

29 May 06:25 The Times of India 6060938663569387067.html
French carmaker Renault to take extreme measures on costs, cuts 14,000 jobs

Top official admits that manufacturer had been spending way too much, plans 10% job cuts

29 May 06:51 Gulf News 2086521545202241887.html
French carmaker Renault announces 15,000 job cuts worldwide

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

29 May 06:52 KitchenerToday.com 52741009702364975.html
Volkswagen invests €2b in Chinese electric vehicle sector

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

29 May 07:46 Malaymail 302165935428917796.html
French carmaker Renault announces 15,000 job cuts worldwide

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

29 May 07:50 The Economic Times 7653256037411750161.html
Renault to cut 14,600 jobs worldwide and lower capacity

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

29 May 07:56 The Irish Times 8204772967574399179.html
VW spending $2.2B to expand in China's electric car market

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

29 May 07:58 Tech Xplore 4945708899343696713.html
French carmaker Renault announces 15,000 job cuts worldwide

Renault, the French carmaker announces its cost-cutting plan of over three years. Renault will have 15,000 job cuts worldwide

29 May 08:01 TechGenyz 5378425015846222589.html
Renault to cut 15,000 jobs in 'vital' cost-cutting plan

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

29 May 08:04 Tech Xplore 4945708898730161403.html
Nissan will focus on Japan, China and North America, to discontinue production in Indonesia and Spain

Datsun brand will be withdrawing its operations from Russia

29 May 08:09 OVERDRIVE 7781473803694672399.html
Renault announces 15,000 job cuts worldwide

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

29 May 08:16 Jersey Evening Post 6141642773773034490.html
We thought too big, Renault says as it axes 15,000 jobs in cost-cutting reboot

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

29 May 08:54 Autoblog 4372976972555997065.html
Coronavirus effect: UK car production likely to drop to lowest level in decades

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

29 May 09:13 Business Today 1145527431642068569.html
VW increases bet on China’s slowing electric vehicle market

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

29 May 09:34 Ft 707176889524481933.html
14,600 job cuts announced by Renault around the world, plans to save 2 billion euros

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

29 May 09:36 OVERDRIVE 7781473803166189020.html
Renault Cutting Nearly 15,000 Jobs Worldwide to Save Costs

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

29 May 09:46 Interesting Engineering 7328942541817317440.html
McLaren to reportedly cut about 30% of their employees

Over 1,000 employees will lose their jobs at McLaren Group due to restructuring program

29 May 12:20 AutoIndustriya.com 2007465447658042813.html
Renault to cut 15,000 jobs in 'vital' cost-cutting plan

French carmaker Renault says nearly 4,600 jobs would be cut in France and more than 10,000 in the rest of the world – some 8% of the company's global workforce

29 May 12:30 Rappler 1882105643772097192.html
French carmaker Renault to cut 15,000 jobs worldwide

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

29 May 12:49 CTVNews 2422791599140171880.html
Volkswagen invests 2 billion euros in Chinese electric vehicle sector

Volkswagen will take a 50% stake in JAG – the parent company of state-owned JAC Motors – and a 26% share of Chinese battery supplier Gotion High-Tech

29 May 13:20 Rappler 1882105642751442254.html
Renault to cut 15,000 jobs in ‘vital’ cost-cutting plan

Production capacity will be cut to 3.3m by 2024 from 4m vehicles currently

29 May 15:06 Gulf News 2086521544679207469.html
Renault plans to cut 14,600 jobs worldwide in race to reduce costs

The measures round off a decisive week for Renault and its Japanese partners Nissan Motor Co. and Mitsubishi Motors Corp., drawing a line under a two-decade era of aggressive expansion

29 May 20:02 Business-Standard 1502508925777635397.html
Agriculture, mining saved Indian economy in FY20, can it sustain COVID-19 assault?

29 May 00:00 35 articles

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

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

29 May 00:00 Moneycontrol 1603024964984493095.html
Canada GDP in April fell a record 11% as COVID-19 shutters economy

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

29 May 00:00 Moneycontrol 1603024963977858061.html
Japan's Nishimura says Industrial Production is in severe condition

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

29 May 02:05 FXStreet 4480975639497208357.html
CBN forecasts slower growth, reduces lending rate to 12.5%

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

29 May 04:27 Punch Newspapers 3524240994080558843.html
India Q4 GDP data to be out today: Brokerages expect growth to reflect COVID-19 pain

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

29 May 05:02 Business Today 1145527431870800492.html
Q4FY20 GDP estimates out today: What's in store for India's economy

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

29 May 05:20 India Today 4286117813650801898.html
GDP growth likely be at 3.6% in Jan-Mar quarter, says Care Ratings; govt to release data today evening

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

29 May 06:22 Firstpost 4760741711868037707.html
Economy worst in decade

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

29 May 07:02 Castanet 616068602185430582.html
India's lockdown strictest; economic impact to be deeper than other countries: Jefferies

A US investment bank report says India's detection rates have also climbed lately and doubling rate has plateaued at ~13-day level; medical infra is now getting stretched in certain cities, with hospitals at 100 per cent plus capacity utilisation in Mumbai, says report

29 May 07:42 Business Today 1145527432168346761.html
Covid-19 Hits G20 International Merchandise Trade In First Quarter

Covid-19 containment measures introduced in many countries in March 2020 hit G20 merchandise trade hard in the first quarter of 2020. Compared with the fourth quarter of 2019, exports fell by 4.3% and imports by 3.9%, and now stand at their lowest levels since the second quarter of 2017. Early indications for April point to more precipitous falls in the second quarter, with Korean and Japanese exports, for example, falling 21.5% and 10.6%, respectively, compared with March 2020.

29 May 07:46 SCOOP 5315659000228675616.html
StatCan expected to report GDP down nine per cent in March, 10 per cent in Q1

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

29 May 08:00 KitchenerToday.com 52741009447194527.html
Video | Cement companies report concrete gains despite weak volumes in Q4

Firms reported a surge in EBITDA per tonne in Q4, thanks to higher realisations and savings on energy and logistics costs

29 May 08:38 BusinessLine 5283601367059212.html
SPECIAL REPORT: Oil prices volatility deflates Nigeria’s GDP

THE Nigerian economy has been facing challenges for the past five years following its over dependence on oil as a major source

29 May 08:48 Vanguard News 4125100338924089083.html
I am cautiously optimistic about demand revival in H2: TVS Motor CEO

While the company expects to outdo the industry on domestic sales and exports, its capex in the current year is likely to come down substantially

29 May 11:20 Business-Standard 1502508925207422388.html
Latvian GDP contracted by 1.5% in first quarter

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

29 May 11:46 Public broadcasting of Latvia 4233150812035287512.html
India's Q4 GDP growth falls to 3.1% - worst since 2009 global financial crisis

India's gross domestic product (GDP) growth in Q4FY20 is the lowest in 44 quarters, according to the data by Central Statistics Office (CSO)

29 May 12:15 Business Today 1145527432738635945.html
India reports GDP growth for January-March quarter at 3.1%; 4.2% for FY20

India’s gross domestic product (GDP) growth slowed to 3.1 per cent in January-March quarter, official data showed on Friday.

29 May 13:04 The Statesman 1191309782474209857.html
Lockdown effect: Core sector output crashes record 38.1% in April

Infra segment hurt the most as cement and steel output tank by more than 80 per cent

29 May 14:04 Business-Standard 1502508926377583343.html
Low Q4 growth telling commentary on economic mismanagement of BJP govt: Chidambaram

'We had forecast that GDP for Q4 will touch a new low at below 4 per cent. It has turned out to be worse at 3.1 per cent. It is a telling commentary on the economic management of the BJP government,' he tweeted.

29 May 14:25 Oneindia 2023829370827307807.html
Farm sector grows by 5.9% in Q4 of 2019-20; future uncertain due to Covid

As the data relates to pre-Covid lockdown period it does not reflect the real picture of distress which unfolded from April onwards in the sector

29 May 14:33 Business-Standard 1502508925931308792.html
GDP numbers reinforce belief that economy is headed for recession: Analysts

While estimates varied across brokerages and economists, the common thread that ran through the estimates was the fact that the economy is headed towards a recessionary phase

29 May 14:36 Business-Standard 1502508926129762523.html
GDP data: Yet another huge knock for Modi govt's economic growth story

India's economic growth falls for a third successive year, fiscal deficit widens to 4.6%; agriculture and govt spending prevent further decline

29 May 14:37 Business-Standard 1502508924982393101.html
Q4 GDP Highlights: Growth slows to 3.1%, hurt by lockdown, beats estimates; govt adds caveat

Q4 FY 2019-20 GDP growth estimates Highlights: India's economy grew at 3.1 per cent in Q4 of the last fiscal, beating street estimates.

29 May 14:55 The Financial Express 1288289581162791165.html
India GDP growth dips to 3.1 pc in Jan-Mar; 4.2 pc in 2019-20

The gross domestic product (GDP) had expanded by 5.7 per cent in the corresponding quarter of 2018-19, according to data released by the National Statistical Office (NSO) on Friday.

29 May 15:04 Oneindia 2023829370883544059.html
India GDP growth slows to 3.1% in Q4 as Covid-19 lockdown hits economy

In the services sector, growth in the hotels and financial services sectors fell to 2.6 per cent and 2.4 per cent in the fourth quarter

29 May 15:42 Business-Standard 1502508926557212155.html
India's GDP growth dips to 3.1% in January-March 2020; 11-year-low of 4.2% in 2019-20

India's economic growth slipped to 3.1 per cent in the January-March quarter of 2019-20 showing impact of COVID-19 pandemic. The gross domestic product (GDP) had expanded by 5.7 per cent in the

29 May 17:55 Deccan Herald 2027555797454208286.html
Covid-19 lockdown: FY21 GDP growth rate forecasts pose a big worry

However on the extreme ends, Bernstein pegged fall in the gross domestic product (GDP) at 7 per cent and Asian Development Bank projected GDP growth at 4 per cent

29 May 18:05 Business-Standard 1502508925795278973.html
India’s core sector output witnesses biggest ever fall, contracts 38% in April as lowdown hits economy

India’s core sector output contracted 38.1% in the month of April, reflecting how India’s economy has taken a toll as the nation fights the coronavirus pandemic.

29 May 18:05 The Financial Express 1288289580513503190.html
Agriculture, mining saved Indian economy in FY20, can it sustain COVID-19 assault?

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

29 May 18:22 Business Today 1145527431643780825.html
Biz EOD: India's GDP growth lower than 2009; core industries' output declines; credit card, MSME loans fall

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

29 May 18:32 Business Today 1145527431428367203.html
GDP growth slows to 3.1% in Q4 FY20 but is this the final estimate? Govt caveat leaves room for revision

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

29 May 19:12 The Financial Express 1288289580268305774.html
Low Q4 growth telling commentary on economic mismanagement of BJP govt: Chidambaram

India's economic growth slowed to 3.1 per cent in January-March and to an 11-year low of 4.2 per cent for the full fiscal 2019-20 amid a drop in consumption and investment.

29 May 20:12 The Financial Express 1288289580623480782.html
Agriculture, mining saved Indian economy in FY20; manufacturing bites

The farm sector is expected to perform well in FY21 as well.

29 May 20:44 Business-Standard 1502508924685765307.html
Canada's economy shrinks 8.2% in Q1 2020

The drop in Canada's gross domestic product in the 1st quarter of 2020 is the sharpest since the 1st quarter of 2009

29 May 22:30 Rappler 1882105643223327630.html
Early warning: Growth slows to 3.1 per cent in Q4 which had just one week of lockdown

The March quarter estimates dragged the overall GDP growth rate for 2019-20 to an 11-year low of 4.2 per cent, the provisional estimate released by National Statistical Office (NSO) on Friday showed.

29 May 23:08 The Indian Express 2885715104386264302.html
Indian IT eyes captives as global companies rejig operations

29 May 00:00 32 articles

Kersia acquires Holchem to become Europe’s second biggest food safety company

Biosecurity and food safety company Kersia has acquired UK-based Holchem from Ecolab in a deal that will see it become Europe’s second largest food safety company.

29 May 00:00 FoodNavigator.com 3674007565650072501.html
'It is still too early to say that it is the end of the SIP trend'

SIP flows have reduced for just about a month or two, during the last two months of the lockdown, but we cannot ignore that there have been genuine challenges on mobility.

29 May 00:00 Moneycontrol 1603024964446176725.html
Middle East rich most cautious after oil plunge, COVID-19 crisis: Barclays

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

29 May 00:00 Moneycontrol 1603024964927788728.html
Paris-based Neobrain snaps up €3 million to support employees during change

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

29 May 00:00 EU-Startups 1488873444190122193.html
Slovak startup GymBeam nabs around €6 million for its fitness brand

Slovakian startup GymBeam, one of the fastest growing fitness brands in Europe, has landed an investment of around €6 million, which it will use to push its brand across Central and Eastern Europe. Founded in 2014, the Slovak e-commerce platform focuses on fitness, nutritional supplements, functi

29 May 00:00 EU-Startups 1488873444433036035.html
The pandemic has tightened Putin's economic grip but spells trouble for the future

The coronavirus has allowed Vladimir Putin to expand the Russian state's involvement in its economy, but it creates some long-term issues.

29 May 00:12 The Age 7967730562638753540.html
The pandemic has tightened Putin's economic grip but spells trouble for the future

The coronavirus has allowed Vladimir Putin to expand the Russian state's involvement in its economy, but it creates some long-term issues.

29 May 00:12 WAtoday 6806590900104015620.html
The pandemic has tightened Putin's economic grip but spells trouble for the future

The coronavirus has allowed Vladimir Putin to expand the Russian state's involvement in its economy, but it creates some long-term issues.

29 May 00:12 Brisbane Times 2314609339657826052.html
Industry chorus: Package not much help, govt must do the heavy lifting

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

29 May 01:35 The Indian Express 2885715105512355324.html
Top biz headlines: Corona warriors for markets, Jet gets 7 new EoIs, & more

Here are the top 10 headlines on Friday morning

29 May 01:51 Business-Standard 1502508925763316865.html
The PH economy amid COVID-19

After quarantine restrictions imposed in the middle of March, the Philippines is now slowly working its way around the coronavirus disease (COVID-19) pandemic with the loosening of restrictions to allow businesses even in several non-essential industries to restart operations, given health and safety protocols.  From a modified enhanced community quarantine, just recently, the Metro Manila Council, composed of the 17 mayors of the metropolis, have agreed to recommend the transition of the National Capital Region to a general community quarantine (GCQ) albeit still with limitations and restrictions by 1 June.  President Rodrigo is set to decide on the matter before the MECQ imposed in Metro Manila ends on 31 May. While a GCQ would allow more businesses and the economy to breath little following restrictions during the enhanced community quarantine, the COVID-19 crisis have no doubt gnawed at the country’s economic growth outlook as businesses reel from the impacts of COVID-19 measures such as lockdowns and travel…

29 May 02:20 manilastandard.net 4715274784214957712.html
Indian Microlending Firm SATYA MicroCapital Ltd Secures Over $13 Million in Equity Funding from Tokyo’s Gojo & Co.

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

29 May 03:20 Crowdfund Insider 6834688073812805010.html
Let’s speed up digital change at banks

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

29 May 04:00 Gulf News 2086521544144482516.html
Wipro gains over 6% after Co appoints Thierry Delaporte as new CEO and MD

Delaporte was most recently the chief operating officer of French consulting and technology firm Capgemini Group.

29 May 04:26 Business-Standard 1502508925200004732.html
India’s key growth engine grinds to halt in sign of slump

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

29 May 04:31 The Economic Times 7653256037208815126.html
UAE job hires - Tech skills are the most wanted

But mid- to senior management positions are worst hit in this downturn, and more to come

29 May 04:52 Gulf News 2086521544070341084.html
India’s key growth engine grinds to halt in sign of slump

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

29 May 05:32 The Times of India 6060938663133885581.html
Indian IT eyes captives as global companies rejig operations

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

29 May 05:49 The Economic Times 7653256036774080523.html
Trip.com Group Ltd (TCOM) CEO Jane Sun on Q1 2020 Results - Earnings Call Transcript

Trip.com Group Ltd (NASDAQ:TCOM) Q1 2020 Earnings Conference Call May 28, 2020, 20:00 ET Company Participants Michelle Qi - Senior IR Director James Liang - Co-

29 May 05:49 Seeking Alpha 5725634556689738387.html
Neimeth’s share price rises by 114.6% in 2 months

Neimeth International Pharmaceuticals Plc’s share price rose by 9.57 per cent to N1.03 per share on Thursday at the Nigerian Stock Exchange (NSE)....

29 May 06:05 Latest Nigeria News, Nigerian Newspapers, Politics 2658445900043425010.html
After Infosys, now Wipro hires a Capgemini top executive as CEO & MD

Appoints French IT services firm's COO Thierry Delaporte for its top post

29 May 06:59 Business-Standard 1502508926502333377.html
IPC maker DFI to deepen deployments in AIoT, 5G

IPC maker DFI, an affiliate of Qisda, saw its revenues for the first four months of the year shoot up 41.86% on year to NT$2.862 billion (US$95.40 million), the highest for the same period on record, and it will step up deployments in AIoT and 5G applications, according to company sources.

29 May 08:06 DIGITIMES 8411283749040531399.html
Malaysia’s Statistics Department foresees recession in the next four to six months

KUALA LUMPUR, May 29 — The Department of Statistics Malaysia (DOSM) has predicted that the country is heading into an economic recession in the next four to six months. In the Malaysian Economic Statistics Review (MESR), chief statistician Datuk Seri Mohd Uzir Mahidin said that their prediction...

29 May 08:52 Malaymail 302165936470558939.html
Ethiopia secures $122 million from industry parks

The income has increased by 32 percent from same period the previous year, according to Lelise Neme, CEO of Industrial Parks Development Corporation the state agency in charge of building and managing industrial parks in Ethiopia. Built by the government focusing maily on jobs creation and boosting export earnings, industrial parks in Ethiopia are currently engaged in manufacturing of apparels, textiles and garment. One park (Bole Lemi -1) is dedicated for pharmaceuticals manufacturing.

29 May 08:58 New Business Ethiopia 4287479610704241253.html
Softbank-backed Coupang becomes central to new South Korean COVID-19 outbreak | ZDNet

Over 100 new cases have been linked to Coupang facilities.

29 May 09:26 ZDNet 591556592049827281.html
India-dedicated funds attract zero investments in April due to Covid-19

This is the first time since August 2016 that a month has reported nil fundraising in India-dedicated schemes

29 May 09:30 Business-Standard 1502508926401048530.html
Nissan tight-lipped about strategy for Africa as it ‘transforms’

After announcing R3bn investment in its Rosslyn plant for the new Navara pickup last year.

29 May 09:30 Moneyweb 1092550947548436632.html
Almost all firms 'forced to rethink tech priorities'

Global pandemic triggers shift to an almost completely digital working set-up.

29 May 12:16 TechRadar 2111116914564721799.html
Emerging trends in warehousing segment post Covid-19 lockdown

At a time when the Indian real estate industry has been facing headwinds on account of a difficult residential market, the warehousing property segment has emerged as a promising investment opportunity for institutional investors.

29 May 14:50 The Financial Express 1288289580173450652.html
OYO sales down to half amid COVID-19; Ritesh Agarwal explains why future holds little respite too

Coronavirus has put a spanner in the growth of the otherwise stellar performing unicorn startups of the world with homegrown OYO now saying that the sales of the company have come down to half in the past few weeks.

29 May 15:15 The Financial Express 1288289579783812687.html
Tamil Nadu CM to invite 13 prominent tech companies to invest in state

The move is aimed at cashing in on the opportunities arising with companies planning to exit from countries like China and looking to relocate their manufacturing activities to countries like India

29 May 16:53 Business-Standard 1502508925295705574.html
Digital Transformation: Only 40% of Consumers Expect to Visit Physical Bank Branches After COVID-19, a Survey by Fintech Novantas Reveals

The month of April 2020 saw a dramatic 200% surge in the number of new mobile banking registrations, meanwhile, mobile banking traffic increased by 85%, accordi

29 May 22:54 Crowdfund Insider 6834688072203071394.html
HDFC rating: Buy — Earnings reflected dull realty sentiment

29 May 00:00 29 articles

Bank mortgage lending is drying up in South Africa

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

29 May 00:00 BusinessTech 2153596439501664290.html
FIIs pare stake in 90% Nifty companies in Q4; trend may continue in coming quarter

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

29 May 00:00 Moneycontrol 1603024963538968046.html
Buy United Spirits; target of Rs 650: ICICI Direct

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

29 May 00:00 Moneycontrol 1603024964811913889.html
What changed for the market while you were sleeping? Top 10 things to know

Trends on SGX Nifty indicate a gap down opening for the index in India with a 101 points loss.

29 May 00:00 Moneycontrol 1603024964240548454.html
Investors can participate in NIIT Tech share buyback through these 2 strategies

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

29 May 00:00 Moneycontrol 1603024963846184811.html
14 Return-On-Equity Champions With Warren Buffett Fundamentals

Warren Buffett considers it a positive sign when a company is able to earn above-average returns on equity. Here are 14 that fit the bill.

29 May 00:00 Forbes 6028587531989453429.html
Banks’ asset quality ratios may worsen up to 600 bps: Fitch

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

29 May 01:40 The Financial Express 1288289580447860181.html
FPIs sell over $2.6 billion of Indian bonds in May

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

29 May 01:48 The Financial Express 1288289579536593755.html
Sensex, Nifty stuck in coronavirus storm; should investors expect profit in 2020?

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

29 May 04:26 Business Today 1145527432338065524.html
Brighthouse Financial Inc: A 6.75% Preferred Stock IPO From This Life Insurer

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

29 May 04:34 Seeking Alpha 5725634556074865333.html
Are low-interest rates making you jittery? Consider P2P lending

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

29 May 04:45 Business Today 1145527431449211863.html
Capital flows running out of steam as DIIs taper after FPIs

After some relief was seen in April when the pace of FPI selling eased as central banks across the world announced stimulus packages, both local and foreign investors seem to have run out of steam.

29 May 07:40 The Financial Express 1288289579854273315.html
Bharat Bond ETF second tranche worth Rs 14,000 cr to hit market in mid-July

In December, 2019, Bharat Bond ETF mobilised Rs 12,400 crore

29 May 08:06 Business-Standard 1502508926409820967.html
Generating Alpha Using CEFs

With volatility subsiding across financial markets CEF investors may be turning to other ways to generate returns over and above their beta exposure. We discuss

29 May 08:15 Seeking Alpha 5725634556646172175.html
Arrowhead and Exemplar deliver better than expected results

But Covid-19 presents risks for the property sector.

29 May 08:52 Moneyweb 1092550947661246066.html
VN corporate bond market turns gloomy because of Covid-19 - VietNamNet

The primary supply of corporate bonds has dropped sharply as the epidemic has upset enterprises’ business plans. Many have postponed bond issuance plans.

29 May 09:00 VietNamNet 1879169835562736293.html
Google's interest positive but may not help solve Voda Idea's debt woes

Acquisition of a controlling stake by an outsider or a sizable equity infusion by current promoters remains the need of the hour, Credit Suisse said in its latest note

29 May 09:19 Business-Standard 1502508926692103668.html
Indian banks' asset quality pressure may last for at least 2 years: Fitch

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

29 May 09:24 Business-Standard 1502508926106260615.html
Pacific Premier Bancorp's Temporarily Elevated Expenses, External Factors To Pressurize Earnings

The acquisition of Opus Bank will lead to high expenses in the second and third quarters. External factors, including the decline in interest rates and the wors

29 May 09:26 Seeking Alpha 5725634556421611660.html
Debt market’s love for G-Secs & PSU papers is here to stay

Risk of a high-quality portfolio is volatility, as underlying securities are traded frequently.

29 May 09:45 The Economic Times 7653256037773156305.html
Marathon Oil Stock Will Continue to Limp Along as the Pandemic Continues

MRO stock is down 56% from last December, and it doesn't seem like stock will rally anytime soon considering the volatility in the market

29 May 11:48 InvestorPlace 24614509883249201.html
First-quarter earnings to be adversely hit by lockdown, here’s how to invest | Angel Broking INTERVIEW

With the nation-wide lockdown spreading over two months of the first quarter of financial year 2020-21, it is a given that India Inc’s first quarter earnings are to be adversely impacted.

29 May 17:12 The Financial Express 1288289581334097060.html
Limited impact on Vedanta operations due to coronavirus lockdown: Crisil

 The COVID-19-induced lockdown has had a limited impact on the operations of Vedanta Ltd, rating agency Crisil has said. Also, increase in export offset decline in domestic demand during the

29 May 18:08 Deccan Herald 2027555797626580818.html
Limited impact on Vedanta operations due to coronavirus lockdown: Crisil

Also, increase in export offset decline in domestic demand during the lockdown, supported by its low cost position in key businesses, it said.

29 May 18:28 The Financial Express 1288289580966216182.html
Ecolab: High Multiple, 'Leaky Equity Bucket', Time To Cash Out

Ecolab has provided solid returns for shareholders over the last five years or more. Ecolab shares are trading at possibly unsustainably high multiples. A detai

29 May 22:03 Seeking Alpha 5725634557447848365.html
Major Market Indicators Report June 2020: Downshifting To Neutral

U.S. equity markets stage a V-shaped recovery as our indicators shift down to neutral. Our risk adjusted fair value target on the S&P 500 is 3,080, representing

29 May 22:08 Seeking Alpha 5725634557241514983.html
Post-Covid retail loan losses may treble, hitting fintech lenders: CreditVidya

Much of the deterioration in loan quality is likely to be the result of loan stacking, or the practice of the same borrower having multiple outstanding loans from different lenders.

29 May 23:11 The Financial Express 1288289579554553581.html
Covid effect? Debt Mutual Funds to face multiple headwinds

Since the lockdown was imposed in India to contain the spread of novel coronavirus, weak liquidity of underlying assets and redemption pressures have been a risk to the debt mutual funds.

29 May 23:32 The Financial Express 1288289580895886644.html
HDFC rating: Buy — Earnings reflected dull realty sentiment

Asset growth, likely to be soft for two quarters, will revive faster than peers; company to consolidate its positioning; ‘Buy’ retained.

29 May 23:48 The Financial Express 1288289580378170667.html
Old style value investing doesn’t work anymore, says Damodaran

29 May 00:00 22 articles

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

Invest in tokenised physical gold without any risk.

29 May 00:00 MyBroadband 3036103787945880553.html
Big Tech’s Tumble: Why AMZN, MSFT And Other FAAMG Stocks Are Stalling

Stocks Analysis by Matthew Weller covering: S&P 500, Boeing Co, Microsoft Corporation, Alphabet Inc Class A. Read Matthew Weller's latest article on Investing.com

29 May 00:00 Investing.com 5710361975365816706.html
Point/Counterpoint: Value Vs. Growth

Point/Counterpoint: Value Vs. Growth

29 May 00:00 Investing.com 5710361975386862408.html
PAS collapse a dose of COVID-19 reality

Workers and investors - including one Rich Lister - have been reminded that firms in trouble before this crisis will struggle to emerge from it. 

29 May 01:47 Australian Financial Review 3974284487814393602.html
The Toronto-Dominion Bank (TD) CEO Bharat Masrani on Q2 2020 Results - Earnings Call Transcript

The Toronto-Dominion Bank (NYSE:TD) Q2 2020 Earnings Conference Call May 28, 2020, 01:30 PM ET Company Participants Gillian Manning - Head, IR Bharat Masrani -

29 May 01:55 Seeking Alpha 5725634556381872060.html
Blackmores steadies the ship

The largest shareholder in Australia's biggest vitamins company is positioning for the future on many fronts.

29 May 01:55 Australian Financial Review 3974284488400640454.html
Golar LNG Partners LP (GMLP) CEO Karl Staubo on Q1 2020 Results - Earnings Call Transcript

Golar LNG Partners LP (NASDAQ:GMLP) Q4 2020 Earnings Conference Call May 28, 2020 11:30 AM ET Corporate Participants Tor Troim - Chairman Karl Staubo - CEO Bria

29 May 02:05 Seeking Alpha 5725634557105655195.html
DXC Technology Company (DXC) CEO Mike Salvino on Q4 2020 Results - Earnings Call Transcript

DXC Technology Company (NYSE:DXC) Q4 2020 Results Conference Call May 28, 2020 04:45 PM ET Company Participants Shailesh Murali - Investor Relations Mike Salvin

29 May 02:38 Seeking Alpha 5725634556401398511.html
How investors learnt to love the rally in stocks

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

29 May 03:00 Ft 707176889758423930.html
Dell Technologies' (DELL) CEO Management on Q1 2021 Results - Earnings Call Transcript

Dell Technologies Inc. (NYSE:DELL) Q1 2021 Earnings Conference Call May 28, 2020 5:30 PM ET Company Participants Rob Williams – Head-Investor Relations Jeff Cla

29 May 03:50 Seeking Alpha 5725634557290932687.html
Czech Billionaire Bets Big on Industries Other Investors Avoid

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

29 May 04:01 Bloomberg.com 4032480120617067144.html
Wale Jana sends heartfelt apology to his investors

Embattled business man and CEO of Sapphire Scents, Wale Jana has taken to social media to apologize to his investors, as he submits himself to an independent recovery plan. Wale Jana’s business crumbled and investors’ money

29 May 05:28 LailasNews.com 2090029849774564677.html
The wealthy will be on governments' radars in COVID-19 response

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

29 May 05:31 Gulf News 2086521545345756627.html
Australian Small Business and Family Enterprise Ombudsman Kate Carnell answers your questions

Small businesses are hurting, but stepping up to play their part in the nations post-COVID recovery. Australian Small Business and Family Enterprise Ombudsman Kate Carnell was online today to answer readers questions.  

29 May 05:39 The Daily Telegraph 1055835840916679377.html
Bet on agrarian theme as rural economic recovery will stand out: Mukul Kochhar

‘We have had a very good winter harvest this time

29 May 05:42 The Economic Times 7653256037402294698.html
India may see a trade surplus after 10-12 years; to keep currency stable: Prashant Jain

‘Sectors where the fixed costs component is higher will be hit sharply

29 May 07:17 The Economic Times 7653256037890883673.html
Stocks To Buy In A Post-Pandemic World

The pandemic proved that not only is technology critical, but they can be a lifeline for a business. Insurance has performed very well, enough for most major in

29 May 08:58 Seeking Alpha 5725634558096832438.html
Auto sector will feel the maximum pain this year: Prashant Jain

‘The impact on wages is significant and auto is a discretionary product

29 May 09:40 The Economic Times 7653256038332309529.html
NEA: I See Reasons To Remain Long

NEA continues to trade at an attractive discount to its underlying value. Investment grade munis have a positive spread over treasuries on all points on the yie

29 May 09:50 Seeking Alpha 5725634557228053980.html
Old style value investing doesn’t work anymore, says Damodaran

Guru Aswath Damodaran said value and growth investing has become a lazy categorisation of investing.

29 May 10:38 The Economic Times 7653256037760183172.html
How This Week Highlights the Challenges Facing General Electric Stock

GE stock hasn't gotten off the mat, even as peers have rallied. This week shows why investors are skeptical — and how GE isn't what it was.

29 May 13:44 InvestorPlace 24614509308095101.html
A case study in how not to invest in bank stocks

Stay clear of these complicated investments

29 May 22:00 The Globe and Mail 68426411490817335.html
Italian BTP yields flatten after strong issuance

29 May 00:00 19 articles

'Make Europe Great Again' recovery fund to reverse euro's fortunes: BofA

'Make Europe Great Again' recovery fund to reverse euro's fortunes: BofA

29 May 00:00 Investing.com 5710361974696456041.html
Month-End Profit-Taking Weighs On Equities As The Euro Pops Above $1.11

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

29 May 00:00 Investing.com 5710361975337511913.html
No Bombshells From Trump, FX Rally In Relief

Forex Analysis by Kathy Lien covering: AUD/USD, USD/CAD. Read Kathy Lien's latest article on Investing.com

29 May 00:00 Investing.com 5710361974551435403.html
Forex - Dollar Drifts Lower in Tight Trading Ranges

Forex - Dollar Drifts Lower in Tight Trading Ranges

29 May 00:00 Investing.com 5710361975540795298.html
Rand, stocks drop with focus on US response to China over Hong Kong

The rand treaded water for most the session and but saw some selling late on after the trade balance for April swung to a large deficit as exports tumbled.

29 May 00:00 ewn.co.za 2308610106431679669.html
European stocks rise for fourth day on healthcare bounce

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

29 May 00:06 Malaymail 302165935181544955.html
Sterling rises 0.5pc versus weaker dollar, flat versus euro

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

29 May 00:33 Malaymail 302165935099021354.html
Federal Reserve adds just $1bn of new corporate debt to balance sheet

Only modest use made of US central bank’s emergency lending facilities in the past week

29 May 01:08 Ft 707176889485937234.html
Dollar bides time, yuan falls before Trump takes stage on China

TOKYO — The dollar was hemmed into a narrow trading range on Friday as traders’ focus shifted to U.

29 May 02:08 Financial Post 2379081492604326757.html
More central banks eye yield curve control. How does Japan's work?

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

29 May 03:58 Financial Post 2379081492514356183.html
Forex Today: Dollar dives, decoupling from stumbling stocks ahead of Trump's Chinese announcement

Here is what you need to know on Friday, May 29: The US dollar remains on the back foot, with EUR/USD topping 1.11, despite a worsening market mood re

29 May 05:30 FXStreet 4480975639619346279.html
Euro Outshines Pound Sterling and Dollar as Investors Cheer EU Progress on Coronabonds

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

29 May 05:59 The Pound Sterling Live 6614579508641342183.html
Budget deficit hits $40b and still rising

The federal budget deficit had blown out to $40 billion by the end of April, as coronavirus emergency spending began to kick in and tax revenue was squeezed.

29 May 06:20 Australian Financial Review 3974284487855999377.html
Banks' $47b bonanza as buyers back recovery

Growing optimism that the economy will emerge from the pandemic in better shape than previously expected triggered a monster bank buying spree.

29 May 06:50 Australian Financial Review 3974284488358855417.html
EU Delivers Comprehensive Fiscal Rescue Package

In my view, the package, dubbed Next Generation EU, represents a significant step to bolster Europe's economy and show unity. The European Commission stated tha

29 May 07:03 Seeking Alpha 5725634558019167585.html
Yen perks up, dollar sags as markets jittery before Trump speaks on China

TOKYO, May 29 ― The yen rose against major currencies today as caution ahead of US President Donald Trump's press conference on China's treatment of Hong Kong triggered safe-haven inflows. The dollar drifted lower against the euro and the British pound but could quickly reverse course amid...

29 May 07:27 Malaymail 302165935835125497.html
Euro business loans up as firms seek cash to weather virus

FRANKFURT, May 29 — Growth in lending to eurozone businesses continued to accelerate in April as companies sought funds to cope with the tough coronavirus lockdowns which hit activity, European Central Bank data showed today. Loans to non-financial firms added 6.6 per cent year-on-year in April...

29 May 09:23 Malaymail 302165935100380720.html
What every Canadian investor needs to know today

A look at the morning’s market action

29 May 09:55 The Globe and Mail 68426409987949127.html
Italian BTP yields flatten after strong issuance

LONDON — Italian government bonds stabilized on Friday after a new issuance and as investors waited for a European Commission rescue plan to take form, with yields across the euro zone mostly neutral.

29 May 10:33 Financial Post 2379081492301003958.html
Goldfinch Partners acquires payments fintech Vesta

29 May 00:00 19 articles

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

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

29 May 00:00 Moneycontrol 1603024964256084651.html
Why Goldman Sachs Is Running Downmarket To Embrace RIAs With Recent Acquisitions

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

29 May 00:00 Forbes 6028587531589716958.html
Goldfinch Partners acquires payments fintech Vesta

Goldfinch Partners, a Washington-based private equity firm, has invested $125 million in Vesta in a bid to take control of more than 80% of the Oregon-based payments and fraud detection solution provider.

29 May 00:00 FinTech Futures 6822881035670538279.html
Marqeta lands $4.3bn valuation thanks to mystery investor

Marqeta, the California-based card-issuing platform, has landed $150 million from an undisclosed investor, valuing the company at $4.3 billion.

29 May 00:00 FinTech Futures 6822881036007865420.html
Meniga lands $9.4m from Groupe BPCE, UniCredit and Crédito Agrícola

Meniga, an Iceland and UK-based digital banking and personal financial management (PFM) software provider, has landed $9.4 million (€8.5 million) in a strategic investment round led by new backer Groupe BPCE, France’s second-largest banking group.

29 May 00:00 FinTech Futures 6822881037336024253.html
Starling Bank lands £40m from existing backers

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

29 May 00:00 FinTech Futures 6822881035907866518.html
Deutsche Börse signs market data deal with Chinese firm Wind

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

29 May 00:00 FinTech Futures 6822881036809253816.html
SDF Invests $550K In SatoshiPay For B2B X-Border Solution

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

29 May 00:31 PYMNTS.com 7357138824986138292.html
Biggest technology acquisitions 2020

We round up the biggest technology industry mergers and acquisitions of the year so far

29 May 03:06 Computerworld 8450890021643308475.html
Text Message Finance: Stackin’ Raises $12.6 Million

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

29 May 04:14 Crowdfund Insider 6834688073258299341.html
Indian Fintech U GRO Capital Partners Global Value Creation Partners to Offer Better Online Lending Services to SMEs

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

29 May 04:22 Crowdfund Insider 6834688072843542136.html
How private equity is a risky play for the economy and jobs

Beyond the stock market and big banks, one of the biggest players in the economy operates with no regulation and an often-destructive track record.

29 May 06:01 The Seattle Times 9121942836567591831.html
Robinhood Names Surabhi Gupta as VP of Engineering

Robinhood has expanded its Engineering team with the appointment of Surabhi Gupta, who has been named as the Vice President of Engineering.

29 May 07:13 Finance Magnates 8992138266097696111.html
LG Joins Google, IBM, Boeing in Hedera Hashgraph’s Governing Council

International giant LG Electronics joined the Hedera Governing Council. The inner company body is set to deal with and oversee the governance of the

29 May 07:37 CryptoPotato 7087008390085992739.html
MaiCapital Launches Bitcoin-Based Quant Fund

MaiCapital Limited today announced this week the launch of its second crypto-themed quantitative hedge fund, Bitcoin+ Investment Fund1.

29 May 08:55 Finance Magnates 8992138266093605484.html
Starling Bank raises £40m as it lends to virus-hit small businesses

Starling Bank has raised £40 million from investors as small businesses turn to lenders for support during the coronavirus crisis.

29 May 08:56 independent 5894610846122194672.html
CBA offers $150,000 in seed funding to startups helping small businesses

Commonwealth Bank of Australia's fintech investment vehicle, X15 Ventures, is to run a virtual pitch event for startups with technology capable of supporting small business owners, with the winning ideas to receive seed funding of up to $150,000.

29 May 09:44 Finextra 6000504749789381857.html
These were the 10 biggest European tech stories this week

These were the 10 European tech stories this week

29 May 17:10 Tech.eu 1356465907997933592.html
Bitcoin Daily: BitClave Settles SEC Charges By Agreeing To Return ICO Proceeds; Authentication Startup Magic Notches $4M In Funding

The SEC unveiled charges against BitClave PTE Ltd. for allegedly conducting an unregistered initial coin offering (ICO).

29 May 22:57 PYMNTS.com 7357138825795799036.html
Wipro appoints Thierry Delaporte as new CEO and MD

29 May 00:00 19 articles

Wipro's new CEO Thierry Delaporte has an impressive CV but challenges galore: Experts

Delaporte will have to ring in organisational changes to help Wipro regain lost ground, feel experts.

29 May 00:00 Moneycontrol 1603024963631016671.html
Wipro's new CEO: Can foreign executives succeed in Indian IT firms?

Wipro's peers TCS and HCL Tech have always placed faith in long-timers.

29 May 00:00 Moneycontrol 1603024965112212963.html
Indian IT to get first non-Indian CEO in Wipro’s Thierry Delaporte

Thierry Delaporte, who will take over as CEO and MD on July 6 replacing incumbent Abidali Neemuchwala, is chairman Rishad Premjis choice to steer Wipro from a decade-long streak of below-par growth that has lagged peers. Rishad took over as Chairman of Wipro from his father Azim Premji last July.

29 May 03:35 The Economic Times 7653256037181841993.html
Capgemini's top executive Thierry Delaporte is new Wipro CEO

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

29 May 03:45 Business Today 1145527432291867301.html
Wipro appoints Capgemini’s Thierry Delaporte as new CEO, MD

India Business News: Wipro said it has appointed Thierry Delaporte as its chief executive officer and managing director to replace outgoing Abidali Neemuchwala. Delaporte,

29 May 03:58 The Times of India 6060938664650064741.html
Thierry Delaporte appointed as CEO and Managing Director of WIPRO

29 May 04:02 Free Press Journal 9080771787223824047.html
Wipro Appoints Capgemini's Thierry Delaporte As CEO, Managing Director

Wipro has appointed Capgemini executive Thierry Delaporte as its chief executive officer and managing director, the company said in a regulatory filing.

29 May 04:05 NDTV.com 5090057681448379975.html
Wipro names former Capgemini COO Thierry Delaporte as new CEO; Neemuchwala to leave on 1 June

Thierry Delaporte, who will replace Abidali Neemuchwala, was most recently the chief operating officer of Capgemini Group.

29 May 04:10 Firstpost 4760741712676426010.html
Capgemini COO Thierry Delaporte becomes new Wipro CEO and MD

Neemuchwala will step down as CEO on June 1 while executive chairman Rishad Premji will oversee day-to-day operations of the company until Delaporte takes over on July 6

29 May 04:15 Business-Standard 1502508924853868927.html
Wipro shares gain 1% after Co appoints Thierry Delaporte as new CEO and MD

Delaporte was most recently the chief operating officer of French consulting and technology firm Capgemini Group.

29 May 04:26 Business-Standard 1502508926271545722.html
India's Wipro names new CEO; Thierry Delaporte to take over July 6

Thierry Delaporte to join from Capgemini and will be based in Paris

29 May 05:21 Gulf News 2086521543999459969.html
Wipro appoints Deepak M Satwalekar to its Board of Directors

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

29 May 05:31 The Economic Times 7653256037369332955.html
Wipro appoints Thierry Delaporte as new CEO and MD

Wipro's 3-month old leader hunt comes to an end

29 May 05:34 The Hindu 6679535025833020055.html
Former HDFC executive Deepak Satwalekar appointed to Wipro’s Board

29 May 05:55 Free Press Journal 9080771788871628348.html
Thierry Delaporte as CEO to help Wipro with new ideas, global presence: Analysts

Prior to Wipro, Delaporte was the chief operating officer of Capgemini Group and a member of its group executive board.Analysts believe Delaporte will be expected to deliver on tasks predecessor Abidali Z. Neemuchwala left incomplete

29 May 08:03 Livemint 6614605818012450478.html
Who is Wipro’s new MD and CEO?

Wipro’s new MD and CEO Thierry Delaporte: Wipro named Thierry Delaporte as its new chief executive officer (CEO) and managing director (MD). He will be replacing Abidali Neemuchwala who relinquishes his position on June 1.

29 May 08:03 The Indian Express 2885715104357463079.html
Wipro appoints Thierry Delaporte as CEO & Managing Director

Wipro has appointed Thierry Delaporte as the Chief Executive Officer and Managing Director of the company, effective July 6 this year.Current CEO and MD Abidali Neemuchwala will relinquish his positio

29 May 08:44 BusinessLine 5283600313163776.html
Who is Thierry Delaporte? Three interesting facts about Wipro’s new boss

Information technology major Wipro has appointed Capgemini Chief Operating Office, Thierry Delaporte, as its new Chief Executive Officer (CEO) and Managing Director.

29 May 11:07 The Financial Express 1288289579772078494.html
Inside Wipro's new CEO appointment: How IT firm got lucky with Thierry Delaporte

Industry observers say that Wipro has been 'sheer lucky' to get him onboard given the tepid performance of the company for over last three-four years

29 May 14:46 Business Today 1145527432778844161.html
Nikon Releases Brutal Financial Report, Lays Off 700 in Southeast Asia

29 May 00:00 19 articles

35% Gain Possible For PVH Corp Stock Post-Covid?

Comparing the trend in PVH Corp stock (formerly known as Phillips-Van Heusen Corporation, owns brands such as Van Heusen, Tommy Hilfiger, Calvin Klein, to name a few) over recent months with its trajectory during and after the Great Recession of 2008,we believe that the stock can potentially gain...

29 May 00:00 Forbes 6028587530996508676.html
Twilio Shares Surge 98% YTD As Emerging Use Cases Drive Increased Demand

During the Covid-19 crisis, Twilio has emerged as a leading provider of the underlying infrastructure needed to power increased digital engagement. Management called out six emerging use cases for Twilio’s platform during the pandemic.

29 May 00:00 Forbes 6028587530845520848.html
First Solar Stock Set To Surge To Pre-Covid Peak Of $57?

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

29 May 00:00 Forbes 6028587531670239312.html
Aussie shares slip early after Wall St stumble

The Australian share market has opened lower after Wall St dipped amid US-China trade tensions.

29 May 00:14 WAtoday 6806590900697769898.html
Amazon Faces A Brand New World

The top end of our fair value estimate range for Amazon stands at $2,465 per share. In this article, we cover our revenue, EBITDA, net operating cash flow, and

29 May 01:06 Seeking Alpha 5725634556984322090.html
Hoegh LNG Holdings Ltd. (HOLHF) CEO Sveinung J.S. on Q1 2020 Results - Earnings Call Transcript

Hoegh LNG Holdings Ltd (OTC:HOLHF) Q1 2020 Earnings Conference Call May 28, 2020 03:00 AM ET Corporate Participants Sveinung J.S. - CEO Håvard Furu - CFO Presen

29 May 01:30 Seeking Alpha 5725634556908935743.html
Giga-tronics Inc. (GIGA) CEO John Regazzi on Q4 2020 Results - Earnings Call Transcript

Giga-tronics Inc. (OTCQB:GIGA) Q4 2020 Earnings Conference Call May 28, 2020 4:30 P.M. ET Company Participants Traci Mitchell - Principal Accounting Officer and

29 May 01:52 Seeking Alpha 5725634556051099708.html
Majesco (MJCO) CEO Adam Elster on Q4 2020 Results - Earnings Call Transcript

Majesco (NASDAQ:MJCO) Q4 2020 Earnings Conference Call May 28, 2020 17:00 ET Company Participants Stan Berger - Investor Relations Adam Elster - Chief Executive

29 May 03:23 Seeking Alpha 5725634557897037068.html
NIO Limited (NIO) CEO William Li on Q1 2020 Results - Earnings Call Transcript

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

29 May 03:28 Seeking Alpha 5725634556409990605.html
TripAdvisor: Travel Rebound Play

TripAdvisor has permanently stripped out $65 million in operating expenses. Travel is starting to rebound as the CDC confirms COVID-19 pulled forward deaths of

29 May 05:18 Seeking Alpha 5725634556945954135.html
The Topsy-Turvy S&P 500 Earnings Picture

I am hard-pressed to see how S&P 500 earnings in this frustrating pandemic will only fall to $125 in calendar 2020. The once hoped-for V-shaped recovery has giv

29 May 05:59 Seeking Alpha 5725634556801083578.html
Costco Wholesale Corporation (COST) Management on Q3 2020 Results - Earnings Call Transcript

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

29 May 06:12 Seeking Alpha 5725634556222745912.html
IDC: Hearables market sees growth, but smartwatch sales decline in Q1 2020

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

29 May 09:31 Gizmochina 1751854814886488222.html
Zscaler Stock Is Thriving as More People Work From Home

The cloud-based security upstart’s growth is set to accelerate with a little assistance from a nationwide lockdown.

29 May 10:57 The Motley Fool 2231313658617563234.html
2 Stocks I'll Hold Forever

These companies both have the capacity to keep growing their revenues at a strong and steady pace for the long term.

29 May 13:15 The Motley Fool 2231313658008280693.html
Here's Why Zoom Stock Has Been Soaring -- and What to Expect Going Forward

Following a more than doubling of its stock over the last six months, expectations are high going into the videoconferencing company's earnings report next week.

29 May 16:28 The Motley Fool 2231313657223672555.html
Resilient Square Stock Will Defeat the Bears

SQ stock is perfectly positioned to capitalize on the emerging trends of the 21st century economy, but bears are still grumbling.

29 May 16:43 InvestorPlace 24614511112745508.html
Why Tech Stocks DocuSign, CrowdStrike, and Zoom Video All Closed Higher on Friday

Next week is a big week for tech earnings.

29 May 21:33 The Motley Fool 2231313658304321754.html
Nikon Releases Brutal Financial Report, Lays Off 700 in Southeast Asia

After delaying the report—and publishing a revised financial forecast earlier this month—Nikon has finally released its Fiscal Year 2020 financial results. At the same time, the company reportedly cut 10% of its workforce in Thailand and Laos, laying off 700 people.

29 May 23:56 Petapixel 4288413231902237983.html
Buy Federal Bank; target of Rs 54: Emkay Global Financial

29 May 00:00 18 articles

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

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

29 May 00:00 Moneycontrol 1603024964592382744.html
Buy Federal Bank; target of Rs 67: Prabhudas Lilladher

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

29 May 00:00 Moneycontrol 1603024963900391214.html
Buy Federal Bank target of Rs 55: Anand Rathi

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

29 May 00:00 Moneycontrol 1603024964411011455.html
Buy Aditya Birla Fashion and Retail target of Rs 137: Anand Rathi

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

29 May 00:00 Moneycontrol 1603024963939584017.html
Buy Coal India; target of Rs 264: ICICI Securities

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

29 May 00:00 Moneycontrol 1603024963360734300.html
Buy Orient Cement target of Rs 65: Anand Rathi

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

29 May 00:00 Moneycontrol 1603024965022733509.html
Hold Wonderla Holidays target of Rs 145: Sharekhan

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

29 May 00:00 Moneycontrol 1603024963991020140.html
Buy Tube Investments of India; target of Rs 425: ICICI Direct

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

29 May 00:00 Moneycontrol 1603024963749927191.html
Buy TVS Motor Company; target of Rs 422: ICICI Securities

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

29 May 00:00 Moneycontrol 1603024964507081451.html
Buy Visaka Industries; target of Rs 250: ICICI Securities

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

29 May 00:00 Moneycontrol 1603024964509805872.html
UCO Bank reduces repo-based lending rate by 40 bps

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

29 May 00:00 Moneycontrol 1603024963693768388.html
Bank of India cuts MCLR by 25 bps across all tenors

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

29 May 00:00 Moneycontrol 1603024965161289920.html
Buy Orient Cements; target of Rs 63: Cholamandalam securities

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

29 May 00:00 Moneycontrol 1603024963915650303.html
Vodafone Idea share price dips 20% from day's high after co clarifies on stake sale

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

29 May 00:00 Moneycontrol 1603024965273217916.html
Google mulling stake in VIL positive but inadequate to solve telcos' debt woes: Analysts

Acquisition of a controlling stake by an outsider or a sizable equity infusion by current promoters remains the need of the hour, Credit Suisse said in its latest note.

29 May 00:00 Moneycontrol 1603024964695329452.html
Govt discontinues 7.75 per cent Savings Bonds

Investors deprived of an attractive savings instrument

29 May 10:37 BusinessLine 5283601780432843.html
Yes Bank launches overdraft facility on FDs through digital channels

The customers can avail the facility by clicking ‘pre-approved offers’ or ‘exclusive Offers’ to the select eligible fixed deposits. The bank promises to disburse the sanctioned overdraft limit in one day.

29 May 18:24 The Financial Express 1288289579960606074.html
Yes Bank launches overdraft facility on FDs

Private lender Yes Bank has launched an overdraft (OD) facility against fixed deposits (FDs) for its customers through digital channels.

29 May 23:12 The Financial Express 1288289581596525100.html
Wall Street Has Given Up on These 3 Stocks, and That's a Huge Mistake

29 May 01:05 17 articles

PagSeguro Digital Ltd. (PAGS) CEO Ricardo Dutra on Q1 2020 Results - Earnings Call Transcript

PagSeguro Digital Ltd. (NYSE:PAGS) Q1 2020 Earnings Conference Call May 28, 2020 05:30 PM ET Company Participants Ricardo Dutra - Chief Executive Officer Eduard

29 May 01:05 Seeking Alpha 5725634557478251851.html
Dumpster Diving: (Potbelly Corp. Edition)

Before COVID-19, Potbelly was showing tangible signs of a business turnaround. If you look at Q4 2019 results, the company had its best comps in three years at

29 May 01:56 Seeking Alpha 5725634557586084417.html
Cresco Labs Inc. (CRLBF) CEO Charlie Bachtell on Q1 2020 Results - Earnings Call Transcript

Cresco Labs Inc. (OTCQX:CRLBF) Q1 2020 Results Conference Call May 28, 2020 5:00 PM ET Company Participants Aaron Miles - Vice President, Investor Relations Cha

29 May 03:19 Seeking Alpha 5725634557724742072.html
Interviewing Etergo’s CEO: What The Ola Electric Acquisition Means For Etergo, Consumers, & Investors

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

29 May 03:57 CleanTechnica 1065744423163810556.html
Uber Jump e-Bikes Scrapped and Destroyed After Lime Deal

Outraging cycling enthusiasts.

29 May 04:24 HYPEBEAST 3806037268625909644.html
COVID-19: Retailers struggle amid uncertainties about reopening, recovery of sales

SINGAPORE: John Ng was hoping to use 2020 to get his new company StyleLab off the ground. He had taken over the distribution rights to ...

29 May 06:06 CNA 5644198862927861291.html
How coronavirus is reshaping the mobility industry, from EVs to supply chains

The current crisis is first and foremost humanitarian, with 300k casualties to date worldwide and massive joblessness. It is also economic, with almost all companies having financial difficulties and many collapsing. However, a few sectors are currently booming (e.g. deliveries), some will benefit from a crisis-induced tailwind, while others will continue to suffer for years […]

29 May 07:13 The Next Web 3990801509543399542.html
The Smartest Stocks to Invest $2,500 Into Right Now

Your pocketbook will thank you if you hang onto these quality companies for the long term.

29 May 09:51 The Motley Fool 2231313657817413116.html
Wall Street Has Given Up on These 3 Stocks, and That's a Huge Mistake

There are hundreds of stocks that would have to more than double to revisit their 52-week highs. Let's check out three out-of-favor stocks that are ready to prove the naysayers wrong.

29 May 12:31 The Motley Fool 2231313658749395935.html
The 9 Best Cheap Stocks to Fill Up On Now

Due to the devastation of the coronavirus, cheap stocks are a dime a dozen. However, these nine ideas may offer significant upside.

29 May 12:33 InvestorPlace 24614509259873798.html
5 Quotes to Help Plan for Retirement

Wisdom from the world's wisest students of the market is surprisingly simple, even if difficult to adhere to.

29 May 13:00 The Motley Fool 2231313658508514049.html
Uber introduces a new hourly rate for longer, multistop trips

Uber will charge $50 an hour for these longer trips.

29 May 13:18 The Verge 1337119303300853172.html
Sign of Some Upside Ahead for Boeing Stock

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

29 May 16:02 InvestorPlace 24614510072672590.html
Continue Avoiding Carnival Cruise Stock for Now

Carnival is performing much better than a few months ago. But that doesn't mean CCL stock is a buy. Let's look elsewhere instead.

29 May 16:44 InvestorPlace 24614509425121476.html
Southwest Airlines Stock Is a Survivor Worth Betting On

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

29 May 18:48 InvestorPlace 24614511246017749.html
Delta Stock Could Lead an Airline Rally

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

29 May 18:57 InvestorPlace 24614511042068923.html
How to Ride a Multi-Bagger Opportunity in Virgin Galactic Stock

Virgin Galactic remains an excellent speculative play and an even better holding with a well-conceived spread in SPCE stock.

29 May 19:21 InvestorPlace 24614509751646230.html
Dell beats revenue estimates as remote working lifts workstation demand

29 May 00:00 16 articles

Dell reports steady sales because of work-from-home trend

Dell Technologies Inc. reported quarterly revenue and profit that were better than projected on greater sales of personal computers to businesses with employees working from home, even while server demand waned.

29 May 00:00 MyBroadband 3036103788701183916.html
Simplo revenues to peak in 2Q20

Notebook battery specialist Simplo Technology expects its second-quarter 2020 revenues to hit the peak for the year, judging from its order visibility, according to company chairman Raymond Sung.

29 May 03:41 DIGITIMES 8411283748252331732.html
Costco Wholesale revenue rises 7.3per cent on coronavirus-induced stockpiling

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

29 May 05:06 CNA 5644198863550609161.html
Dell beats revenue estimates as remote working lifts workstation demand

Dell Technologies Inc beat analysts' estimates for quarterly revenue on Thursday, boosted by demand for its workstations from companies moving ...

29 May 05:11 CNA 5644198863962848084.html
Dell beats revenue estimates as remote working lifts workstation demand

ROUND ROCK,Texas: Dell Technologies Inc beat analysts' estimates for quarterly revenue on Thursday (May 28), boosted by demand for its ...

29 May 05:11 CNA 5644198863842963405.html
Grupo Supervielle: 1Q Earnings Snapshot

BUENOS AIRES, Argentina (AP) _ Grupo Supervielle SA (SUPV) on Thursday reported first-quarter net income of $7.4 million. The Buenos Aires, Argentina-based bank said it had earnings of 8 cents per share. Earnings, adjusted for non-recurring costs, came to 26 cents per share. The results topped Wall Street expectations. The average estimate of three analysts …

29 May 10:02 City NEWS 1130 5858657119391038509.html
Most actively traded companies on the TSX

TORONTO — Some of the most active companies traded Friday on the Toronto Stock Exchange: Toronto Stock Exchange (15,192.83, down 69.90 points.) Bombardier Inc. (TSX:BBD.B). Industrials. Down 3.5 cents, or 7.29 per cent, to 44.5 cents on 122 million shares. B2Gold Corp. (TSX:BTO). Materials. Up 46 cents, or 6.45 per cent, to $7.59 on 72.6 million …

29 May 10:32 City NEWS 1130 5858657120301230852.html
CWB Financial reports Q2 profit down as provisions for credit losses soar

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

29 May 10:47 KitchenerToday.com 52741009316985789.html
CWB reports Q2 profit down as provisions for credit losses soar

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

29 May 11:35 BNN 3833521687813244173.html
Better Buy: Alibaba vs. Alphabet

These two technology giants are leaders in their respective markets. Discover what makes one a better investment choice.

29 May 13:40 The Motley Fool 2231313659125647414.html
10 Penny Stocks to Buy Under $5 That Might Be Worth the Risk

When looking for penny stocks to buy under $5, you’ve got to go dumpster diving. That’s never an easy task when stocks aren't cheap.

29 May 13:43 InvestorPlace 24614509799404139.html
Costco Reports Revenue Beat Despite First Monthly Sales Drop in a Decade

Fiscal third-quarter revenue beat expectations, though COVID-19 impacts caused an April comparable-sales drop that marked the first year-over-year decrease in over a decade.

29 May 14:16 The Motley Fool 2231313658643123954.html
Dow Jones Slumps as Cisco Acquires a Cloud Company, Home Depot Stock Moves Closer to 52-Week High

Cisco will reportedly pay $1 billion to expand its software portfolio, and Home Depot continues to rally.

29 May 17:16 The Motley Fool 2231313657702118140.html
Zscaler Earnings: ZS Stock Soars 26% on Strong Q3 Beats

Zscaler (ZS) earnings for the cloud security company's fiscal third quarter of 2020 have ZS stock flying higher on Friday.

29 May 18:12 InvestorPlace 24614510491616865.html
Canopy Growth Earnings: CGC Stock Crashes 19% On Losses, Charges

Canopy Growth earnings has CGC stock taking a beating on Friday after the company reported major losses in multiple areas during the quarter.

29 May 18:36 InvestorPlace 24614509319582900.html
Williams-Sonoma Earnings: WSM Stock Rallies 14% Following Q1 Topper

Williams-Sonoma (WSM) earnings for the retail company's first quarter of the year have WSM stock heading higher on Friday.

29 May 19:02 InvestorPlace 24614509810787854.html
SportSG announces $3m digital scheme

29 May 00:00 15 articles

Find The Best Talent And More: 4 Concrete Benefits To Your Business Of Being Accountable To Stakeholders

Accountability is essential if a company is to be purpose-driven and meet the needs of all stakeholders. But where to start? Examining environmental, community, worker, customer and governance impacts can help your business review, assess, and make meaningful changes to improve overall performance.

29 May 00:00 Forbes 6028587530827105018.html
Sardinia-based IntendiMe raises €2.3 million for its hearing technology

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

29 May 00:00 EU-Startups 1488873443044206829.html
FMG appoints Claire Owens as new managing director

Huddersfield-based incident management and recovery business FMG, appointed Claire Owens as a new managing director in March, at the outset of the Covid-19 outbreak in the UK.

29 May 00:00 FleetNews 632199012628512248.html
Gov't committed to making Internet access a right, says minister

MINISTER of Science, Energy and Technology Fayval Williams says COVID-19 has brought into...

29 May 00:00 Jamaica Observer 5357348613714079241.html
Telangana focused on holistic women empowerment: Jayesh Ranjan

 Women’s empowerment needs a full-360 degree approach that starts from school and guides them through their work life.

29 May 00:00 Telangana Today 8182025567823958780.html
Govt announces package to boost arts sector

The government has announced a $175 million package to boost the arts and creative sector in the wake of Covid-19. This story was first published...

29 May 00:00 Otago Daily Times Online News 3107042079290011135.html
Govt announces package to boost arts sector

The government has announced a $175 million package to boost the arts and creative sector in the wake of Covid-19. This story was first published...

29 May 00:00 Otago Daily Times Online News 3107042078866378201.html
CBA says crisis reinforces its X15 mission to create new start-ups

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

29 May 01:03 Australian Financial Review 3974284487566427837.html
SportSG announces $3m digital scheme

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

29 May 06:00 thenewpaper 2217039561432285781.html
Stanbic IBTC Holdings celebrates digital graduate trainees

Stanbic IBTC Group recently held its first-ever digital graduation ceremony in honour of the 17th Stream of Graduate Trainees who.

29 May 07:27 Vanguard News 4125100338982393232.html
Kāpiti Gateway Building Passes First Hurdle

The Kāpiti Gateway Building project has inched a step closer after Council granted approval today to apply to the Provincial Growth Fund for 50% of the estimated project cost.

29 May 07:40 SCOOP 5315658998810637628.html
Market Drayton launch new charity trust

Market Drayton Town are launching a charity trust aimed at growing links with the community by giving young people a unique opportunity to develop sporting and social interests.

29 May 09:13 Shropshire Star 3480199992406685126.html
‘Social IQ skills’ are the X-factor that women bring to tech companies

Apart from automation, technology needs soft and cognitive skills, believes HCl Technologies

29 May 09:29 BusinessLine 5283600704211494.html
Rajeev Chandrasekhar highlights problems of women entrepreneurs in letter to FM

In the midst of the coronavirus outbreak, Member of Parliament, Rajeev Chandrasekhar has written to Union Finance Minister, Nirmala Sitharaman pointing out the challenges that the Women Entrepreneurs are facing.

29 May 16:16 Oneindia 2023829371450564090.html
Remote working could change how, and where, we earn a living

Covid-19 has given rise to a new era of remote working, potentially opening up more income, and regions, to New Zealand’s freelance economy.  For many of us, the only obstacle that ever stood in the way of a prosperous life in Dunedin was its tiny job market. Now, thanks to Covid-19 and the funda

29 May 22:06 The Spinoff 7256195146579261213.html
Book your hotel room... But check in whenever

29 May 00:00 15 articles

Tristar Worldwide begins 45-day consultation process with workers

Addison Lee Group chauffeur division Tristar Worldwide has started a 45-day consultation with some of its workers, according to GMB London.

29 May 00:00 FleetNews 632199013474757011.html
National's first economic policy under Muller's leadership: A $10k cash payment to businesses for every new full-time hire - payment capped at $100k

National's first economic policy under Muller's leadership: A $10k cash payment to businesses for every new full-time hire - payment capped at $100k

29 May 00:36 interest.co.nz 6454226276728793772.html
Fashion retailer PAS Group goes into administration

The company behind names like Review and JETS Swimwear has hoisted the white flag leaving 225 stores and 1300 staff in limbo.

29 May 00:49 Australian Financial Review 3974284487409314780.html
Book your hotel room... But check in whenever

HOSPITALITY chiefs claim the Executive's decision to allow hotels in the north to take advance bookings "at risk" from June 8 but with no definitive dates is "causing confusion - and could lead to job losses on a massive scale".

29 May 01:00 The Irish News 993067291084306.html
'50pc is the new full' - Demand picks up for 'post-pandemic' staycations

Visitors are leaving the 'dreaming phase' and actively booking holidays.

29 May 02:00 independent 5894610846396594688.html
Save-on-Foods ends hazard pay for staff, other grocers continue it

Essential service workers in the grocery sector receiving extra pay during the pandemic will be watching their paycheques in the coming weeks as companies re-evaluate how they compensate employees.. . .

29 May 06:00 Times Colonist 7617512062017680967.html
Non-essential shops to reopen: What shops will it include and when will it happen?

The government has unveiled a full list of the shops which will be allowed to reopen in England under new guidelines from 15 June. The measures are part of the second phase in Boris Johnson’s roadmap

29 May 06:39 The Independent 2511519172081429016.html
Sainsbury's new boss Roberts faces unexpected in-tray

When Sainsbury's new boss Simon Roberts hosts a virtual focus group with supermarket shoppers on his first day in charge on Monday, the ...

29 May 07:15 CNA 5644198864114016770.html
Hostel owner Safestay positive it can welcome back guests under new plans

London-listed hostel owner Safestay has said it plans to reopen over the course of the year but with major changes to the experience for customers, the company said.

29 May 07:47 independent 5894610844923098472.html
Nottingham council suspends tendering new contracts worth £25 million over coronavirus

“The current COVID situation means we wouldn’t be able to successfully run a re-tendering exercise"

29 May 07:57 NottinghamshireLive 5149776701555398547.html
Airlines Leave $29 Billion Aid Fund Untapped in Bet on Rebound

U.S. airlines have yet to tap $29 billion in federal pandemic relief loans as they wait to see whether the reopening of the economy revives demand and diminishes the need for money that comes with government strings attached.

29 May 08:00 Bloomberg.com 4032480121998347888.html
Two million jobs could be lost by changes to the furlough scheme, experts warn

BRITAIN will be hit by as many as two million job cuts if the chancellor makes cuts to the furlough scheme, experts have warned. Rishi Sunak is this afternoon expected to announce employers will ne…

29 May 09:05 The Sun 7379604593167286406.html
Need to know: Friday

The coronavirus pandemic is dominating global markets, business and politics. Here's our daily take on the most important stories, and some things to watch out for.

29 May 09:05 Australian Financial Review 3974284487543588038.html
Ifac advises Tipperary farmers about new TAMS 11 closing date

Ifac, the farming, food, and agribusiness professional services firm, is reminding Tipperary farmers that the Department of Agriculture has made a number of extensions to the Targeted Agricultural Mod...

29 May 10:59 TipperaryLive 1097599578126792326.html
Labor calls to lift cap on home-loan deposit scheme to help construction

Labor is pressing the government to open its first home loan deposit scheme to all eligible people building a new home to help the struggling sector.

29 May 18:00 Brisbane Times 2314609339599380492.html
7 5G Stocks to Buy for the Future of Telecom

29 May 00:00 14 articles

Qualcomm, Qorvo & Jabil: Apple Suppliers Have Been Left Behind From The Rally. Time To Buy?

Apple stock is up about 5% year-to-date, despite the Coronavirus pandemic, driven by its strong balance sheet and fast-growing services business, which makes it a safe haven of sorts. However, most of Apple’s suppliers have not fared as well. Our indicative list of 6 key suppliers for the iPhone...

29 May 00:00 Forbes 6028587530795333996.html
VMware's (VMW) CEO Pat Gelsinger on Q1 2021 Results - Earnings Call Transcript

VMware, Inc. (NYSE:VMW) Q1 2021 Earnings Conference Call May 28, 2020 4:30 PM ET Company Participants Paul Ziots – Vice President-Investor Relations Pat Gelsing

29 May 03:24 Seeking Alpha 5725634556853870886.html
Zscaler, Inc. (ZS) CEO Jay Chaudhry on Q3 2020 Results - Earnings Call Transcript

Zscaler, Inc. (NASDAQ:ZS) Q3 2020 Results Conference Call May 28, 2020 04:30 PM ET Company Participants Bill Choi - SVP, IR Jay Chaudhry - Chairman and CEO Remo

29 May 03:24 Seeking Alpha 5725634556299044032.html
TI rules the analogue roost

In 2019, TI’s analogue sales were directed to industrial applications (36% of revenue), smartphones and other personal electronics (23% of revenue), and automotive applications (21% of revenue).  All three application segments are highly profitable and afford it the best opportunities for growth now and into the future, the company said.

29 May 05:30 Electronics Weekly.com 6636672080751320998.html
Origin turns to gaming to fend off disruption

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

29 May 05:35 Australian Financial Review 3974284488244149602.html
FCCL maker Taiflex guardedly optimistic about 2H20

Flexible copper-clad laminate (FCCL) supplier Taiflex Scientific expects revenues for 2020 to grow slightly or at least stay flat compared to 2019 despite uncertainties in the second half of the year.

29 May 07:49 DIGITIMES 8411283748013106046.html
TI remains top analog IC supplier

With analog sales of US$10.2 billion and a 19% market share, Texas Instruments held a firm grip on its position as the leading supplier of analog devices in 2019, according to IC Insights.

29 May 08:21 DIGITIMES 8411283750125936970.html
Tower Delivers Solid First-half Performance

Kiwi insurer, Tower Limited (NZX / ASX: TWR), has today announced a half year profit of $14.9 million after tax, a $3 million improvement on the same period last year.

29 May 09:00 SCOOP 5315658999302506095.html
Tower delivers solid first-half performance

Kiwi insurer, Tower Limited (NZX / ASX: TWR), has today announced a half year profit of $14.9 million after tax, a $3 million improvement on the same period last year.

29 May 09:50 www.voxy.co.nz 6138926315893547827.html
Apple tops wearables Q1 growth, but wristbands, hearables lead the segment

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

29 May 10:44 TechRadar 2111116915122049382.html
7 5G Stocks to Buy for the Future of Telecom

Sure, many investors are still obsessing over the coronavirus, but it's time to invest in the future. That's why these 5G stocks are buys now.

29 May 11:50 InvestorPlace 24614511023480498.html
HCL Technologies to buy Cisco's Self-Optimizing Network technology

Unlike its rivals, HCL Tech has bet big on selling products and platforms. As part of this strategy, it bought some IBM products for nearly $2 billion in 2018

29 May 14:03 Business-Standard 1502508926233290698.html
The 5 Best 5G Stocks on the Market Today for Investors

From chipmakers to wireless networks, these 5G stocks offer potential investors a few different angles to play the upcoming 5G rollout.

29 May 16:31 InvestorPlace 24614510710842246.html
US warns: Huawei 5G package is ‘obsolete by the time its operational’

Countries purchasing Huawei’s 5G wireless technology risk buying into a “China-only” telecommunications industry that lacks access to Western innovations, according to U.S. officials.

29 May 22:36 Washington Examiner 4625792332669225022.html
Oil prices fall as U.S. fuel demand remains weak

29 May 00:00 14 articles

Oil Prices Rebound Nearly 90% In May For Best Month On Record

Prices increased by more than 5% on Friday.

29 May 00:00 Forbes 6028587530456605051.html
Oil prices fall as U.S. fuel demand remains weak

Oil prices fall as U.S. fuel demand remains weak

29 May 00:00 Investing.com 5710361974483933212.html
Oil Posts Best Month Ever, Even As Rig Cuts Decline, Stockpiles Climb

Oil Posts Best Month Ever, Even As Rig Cuts Decline, Stockpiles Climb

29 May 00:00 Investing.com 5710361975162670904.html
India’s oil import bill falls 10 per cent in FY 20

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

29 May 00:00 Telangana Today 8182025566780085194.html
Oil rises about 2% as higher US refinery rates offsets surprise crude build

US crude inventories rose 7.9 million barrels last week, exceeding expectations, due to a big increase in imports from Saudi Arabia, the Energy Information Administration (EIA) says

29 May 03:16 Business-Standard 1502508925338104246.html
‘Oil revenue may drop further to 25 per cent of budget’

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

29 May 04:18 The Guardian 7580308505443940978.html
China, India soak up oil from floating storage as demand recovers

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

29 May 04:56 The Indian Express 2885715104931034198.html
Crude Oil Futures: Further gains not ruled out

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

29 May 05:26 FXStreet 4480975638740421357.html
Oil and gas geopolitics and its end

Let us see how oil barrel prices have really fluctuated in recent weeks: in April, in fact, the European and Asian Brent benchmark, in parallel with the US West Texas Intermediate (WTI), decreased by about 1 U.S. dollar per barrel a day.   The WTI, however, is a mixture of different light and sweet American crude […]

29 May 05:30 Modern Diplomacy 4563921199130635968.html
Fifty unsold cargoes of Nigeria’s oil await buyers in global market

The global oil market remains dull as 50 unsold cargoes of Nigeria’s Bonny Light await buyers, indicating that the volatile market

29 May 08:28 Vanguard News 4125100339101082734.html
Oil falls but set to post biggest monthly rise in years on output cuts

Brent crude slipped 43 cents, or 1.2%, to $34.86 a barrel by 0643 GMT and US West Texas Intermediate (WTI) crude was at $33.14 a barrel, down 57 cents, or 1.7%.

29 May 09:08 The Indian Express 2885715105537480492.html
NNPC sets $10 oil production cost target by 2021 - Premium Times Nigeria

With its current unit cost between $9 and $22 per barrel, the NNPC says it has set an oil production cost target ceiling of $10 per barrel by 2021.

29 May 09:50 Premium Times Nigeria 5456729299558111876.html
Crude oil prices fall but remains set for biggest monthly gain in years

US West Texas Intermediate (WTI) crude was down $1.28, or 3.8 per cent, at $32.43.

29 May 10:20 The Economic Times 7653256036728676988.html
Oil surges 88% in May, posting its best month on record

WTI crude oil spiked 88% in May, notching its best monthly performance gain on record, according to data from Bloomberg. The surge in oil prices...

29 May 22:06 Business Insider 3364799146599831623.html
COVID-19 could cause $8.5 trillion loss in global output, warns UN chief Antonio Guterres

29 May 00:00 14 articles

EU’s $826 Billion Recovery Plan Criticized over Lack of Cultural Funding

European cultural figures are protesting a new $826 billion recovery plan that aims to mitigate the economic fallout facing the twenty-seven member states of the European Union because of the coronavirus pandemic. While the relief package has been described as ambitious by lawmakers, representatives from the EU’s creative industries are saying it does not provide enough funding for the arts, failing one of the sectors worst hit by the ongoing global health crisis.“This is about all of us and it is way bigger than any one of us,” said Ursula von der Leyen, the European Commission president, as

29 May 00:00 Artforum 2239022090305791362.html
COVID-19 could cause $8.5 trillion loss in global output: UN chief Antonio Guterres

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

29 May 00:00 Moneycontrol 1603024964187612774.html
U.N. calls on nations to take action in six areas to limit COVID-19's financial impact

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

29 May 02:30 UPI 8257973864198460673.html
UN secretary-general predicts 'historic' hunger in post-coronavirus world

United Nations Secretary-General António Guterres warned that the world is facing extreme crisis due to the coronavirus, despite scientific and technological advances. 

29 May 02:39 Fox News 7362823820071251148.html
E.U.’s Coronavirus Recovery Plan Also Aims to Fight Climate Change

The proposed package would boost clean energy and transport to help the continent become carbon neutral by 2050

29 May 05:45 Scientific American 532798823567546156.html
Covid-19 could cause $8.5 trillion loss in global output: UN Secretary General

US News: UN chief Antonio Guterres has warned that the Covid-19 pandemic could cause unimaginable devastation, usher in hunger and famine of historic proportio

29 May 06:14 The Times of India 6060938663617916326.html
Covid-19 could cause USD 8.5 Trillion Loss In Global Output: UN Sec Gen

UN chief Antonio Guterres has warned that the COVID-19 pandemic will cause unimaginable devastation, usher in hunger and famine of historic proportions and lead to a loss of USD 8.5 trillion in global output

29 May 06:18 Kashmir Observer 1268422870354397434.html
COVID-19 could cause $8.5 trillion loss in global output: UN Sec Gen

“Unless we act now, the COVID-19 pandemic will cause unimaginable devastation and suffering around the world. Hunger and famine of historic proportions. Sixty million more people pushed into extreme poverty. Up to half the global workforce – 1.6 billion people – without livelihoods,” Guterres said

29 May 06:38 The Economic Times 7653256037716108955.html
Covid-19 may cause hunger, famine, $8.5 trn loss in global output: UN chief

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

29 May 06:48 Business-Standard 1502508925390581788.html
Coronavirus may lead to $8.5 trillion loss in global output, sharpest since Great Depression: UN

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

29 May 07:04 Business Today 1145527432729443039.html
UN Secretary General warns of loss of $8.5 trillion in global output due to pandemic

Addressing a virtual press conference along with Prime Minister of Jamaica Andrew Holness and Prime Minister of Canada Justin Trudeau, Antonio Guterres said the world is afflicted by enormous fragilities: weak health systems; runaway climate change; unsustainable levels of inequality.

29 May 10:42 The Statesman 1191309782449779972.html
'Saudi Arabia committed to work with others to address pandemic global impacts'

Al Jadaan highlighted the actions that the G20 has taken to respond to the health, economic and social challenges stemming from the COVID-19 pandemic.

29 May 10:58 Saudi Gazette 6913978434072775602.html
COVID-19 could cause $8.5 trillion loss in global output, warns UN chief Antonio Guterres

He said the pandemic could usher in a loss of USD 8.5 trillion in global output  the sharpest contraction since the Great Depression of the 1930s.

29 May 12:01 The Financial Express 1288289579525572058.html
Chile, Peru secure credit lines from IMF amid pandemic

The IMF approved a two-year $24 billion credit line for Chile on Friday as the South American nation battles the growing impact of the coronavirus pandemic.

29 May 22:50 Digital Journal 4566489171897160625.html
The green energy acceleration in the post-COVID-19 world

29 May 00:00 13 articles

A New 32GWh Gigafactory Will Build Sustainable Batteries In Norway

The Norwegian company Morrow Batteries is going to establish a new gigafactory, which will be located in the strategic Agder county. Their aim is to “revolutionize battery production and establish a more sustainable supply to European car makers”.

29 May 00:00 Forbes 6028587530597469583.html
SAVE OUR LUNGS, SAVE OUR HEART – SAVE DEHING PATKAI

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

29 May 00:00 The Shillong Times 2998999880259791100.html
Andrew Liveras disgorges dog’s vomit on energy

At the AFR the bogus debate rolls on:

29 May 01:01 MacroBusiness 6890797929308731928.html
The green energy acceleration in the post-COVID-19 world

29 May 01:30 Free Press Journal 9080771788888432636.html
China to restrict expansion of solar equipment producers

BEIJING (Reuters) - China intends to impose restrictions on expansion of solar equipment production to tackle overcapacity in the industry in the face of falling domestic installations, a draft plan issued by the country’s industrial ministry showed on Friday.

29 May 08:52 Reuters 8334514180465172733.html
COMESA: 630 million people living without electricity

COMESA region currently has the lowest electricity generation with approximately 630 million people living without reliable access to electricity and 790 million people forced to rely on solid biomass to cook their food and heat their homes. Studies show that about 1.3 billion people worldwide still lack access to modern energy. However, the situation is worse in the developing economies, where more than 70% of their people lack access to modern energy and 89% or more still rely on traditional biomass as the primary source of energy. Sub-Saharan Africa’s energy systems face an enormous challenge. Significant improvements have in the recent year been made in the generation capacity with the coming on stream of major power generation projects in many countries of Eastern Africa-Southern Africa-Indian Ocean region. These have been supported by various programmes such as the Project on Enhancement of a Sustainable Energy Market in Eastern Africa-Southern Africa-Indian Ocean Region (ESREM), funded by the European…

29 May 09:05 EABW Digital 2826306000387013528.html
A low carbon future with district heating solutions

S Richmond explores ncertainty surrounding traditional fossil fuel heating systems, and how companies are implementing district heating solutions

29 May 09:38 Open Access Government 7441385493135210349.html
China excludes clean coal projects from list eligible for green bonds

SHANGHAI (Reuters) - China has excluded “clean coal” from a list of projects eligible for green bonds, according to long-awaited new draft guidelines published by the central bank on Friday.

29 May 09:49 Reuters 8334514180544979672.html
US tops upstream oil & gas CO2 emitters list — Canada has highest intensity, Norway lowest

US tops upstream oil & gas CO2 emitters list — Canada has highest intensity, Norway lowest

29 May 10:10 Saudi Gazette 6913978434691670495.html
Vanadium Miners News For The Month Of May 2020

Vanadium spot prices were flat in May. Vanadium market news - New battery tech revives vanadium interest. Vanadium company news - AMG commits $140m for construc

29 May 10:28 Seeking Alpha 5725634557561871240.html
3 Natural Gas Stocks for a Cleaner Future

Strong demand for natural gas is likely from emerging markets in the coming decade. This will trigger growth and value creation for natural gas stocks.

29 May 13:08 InvestorPlace 24614509155648983.html
Clean Cooking: 33 Solutions For One Renewable Energy Problem

The latest energy report from the International Energy Agency describes how much more pants-on-fire activity is needed to pump up the clean power trend on the heels of the COVID-19 crisis. For starters, at this rate an estimated 620 million people still won't have electricity by 2030. That's nothing to sneeze at, but it's small

29 May 18:55 CleanTechnica 1065744423894539271.html
The coming recession is the best reason to step up the pace of renewables investment

It will not do to wait until the next power plant announces its closure. Building alternative infrastructure should start now

29 May 20:00 the Guardian 1491978795175402119.html
Vodafone Idea: No proposal before Board on stake sale to Google, but evaluating various opportunities

29 May 00:00 13 articles

Vodafone Idea not considering any proposal from Google

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

29 May 00:00 Moneycontrol 1603024964936570175.html
Mubadala Investment Company eyes stake in Jio Platforms: Source

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

29 May 01:10 Free Press Journal 9080771788559513115.html
Vodafone Idea surges 35% on report Google eyeing 5% stake, trims gain later

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

29 May 03:49 Business-Standard 1502508926166912033.html
Google considering taking stake in Vodafone Idea: Report

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

29 May 04:52 The Indian Express 2885715105377118764.html
Google mulls Vodafone Idea stake acquisition - report

Google plans to invest in Indian operator Vodafone India. The US giant seeks to acquire a 5 percent stake in Vodafone Idea, Financial Times reports, citing unnamed sources familiar with the matter. No financial details related to the planned transaction have been disclosed. 

29 May 07:53 Telecompaper 8935967933746773.html
Vodafone Idea: No proposal before Board on stake sale to Google, but evaluating various opportunities

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

29 May 09:32 The Economic Times 7653256037222191068.html
No proposal before board now, says Voda Idea on Google picking stake in co

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

29 May 09:48 Business-Standard 1502508925815974829.html
Merger of three state-owned general insurers on back burner due to Covid-19

Notably, the boards of the three firms had approved the merger in January and had appointed management consultant firm EY to chalk the road map for the exercise last year

29 May 09:49 Business-Standard 1502508925930904752.html
Vodafone Idea issues clarification on reports of Google picking stake in company

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

29 May 11:12 The Statesman 1191309781477413474.html
Vodafone Idea dismisses report of Google buying stake

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

29 May 11:47 Business Today 1145527431791070335.html
Vodafone-Idea clarifies on reports of Google seeking to buy equity stake, here’s why the stock fell 15%

Cash-strapped telecom major Vodafone-Idea has clarified that its Board is currently not considering any proposal for investment in the comping, a day after The Financial Times reported that internet giant Google could pick up a 5% equity stake in the firm.

29 May 15:31 The Financial Express 1288289581510191022.html
After Vedanta, Adani Power to go for delisting; board meet on June 3

The conglomerate has so far maintained a strategy to incubate a business and monetize it through public listing at a later stage.

29 May 16:36 Business-Standard 1502508926408949693.html
Sebi warns TCS over disclosure of material information to investors

Sebi has also asked the company to ensure that disclosures provide adequate, accurate, explicit and timely information to the investors

29 May 16:41 Business-Standard 1502508926467258119.html
Aussie credit growth screams deleveraging

29 May 00:00 13 articles

Euro zone companies tap banks for cash to survive pandemic

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

29 May 00:00 Moneycontrol 1603024964965808213.html
Mortgage Rates Hit New All-Time Low, But Rushing To Refinance Might Not Be Necessary

Mortgage rates hit yet another record-breaking low, but rushing to refinance may not be necessary.

29 May 00:00 Forbes 6028587531573149228.html
With 'Main Street' in view, Fed weighs risks of job, productivity shocks

With 'Main Street' in view, Fed weighs risks of job, productivity shocks

29 May 00:00 Investing.com 5710361976264321318.html
Fed’s Mester Leans Against Yield-Control Move at June FOMC

Fed’s Mester Leans Against Yield-Control Move at June FOMC

29 May 00:00 Investing.com 5710361975646525389.html
CBA: Huge fiscal stimulus props up household income

Gareth Aird, head of Australian economics at CBA, has published research on the extent to which household impacts have been supported by the federal government’s stimulus:

29 May 01:30 MacroBusiness 6890797928691591697.html
Credit growth 'stops' in April

Lending growth froze in April for the first time since 2011 due to a plunge in credit card spending by shoppers during the coronavirus shutdowns.

29 May 02:32 Australian Financial Review 3974284486428481635.html
With 'Main Street' in view, Fed weighs risks of job, productivity shocks

WASHINGTON (Reuters) - U.S. Federal Reserve officials have talked broadly about helping households and firms through the current economic crisis and quickly unleashed trillions of dollars in cash and credit guarantees to build a “bridge” to the post-pandemic world.

29 May 05:06 Reuters 8334514180592306397.html
Don't Go All Negative On Me

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

29 May 05:33 Seeking Alpha 5725634556984068816.html
Aussie credit growth screams deleveraging

Via the excellent Damien Boey at Credit Suisse:

29 May 05:55 MacroBusiness 6890797930357934457.html
Pound Sterling Could Actually Rise if Bank of England Slashed Interest Rates to Below Zero says Analyst

Speculation has been growing over the course of May that the Bank of England could soon announce it will cut interest rates to below zero in its ongoing battle to stem the negative economic impacts of the coronavirus crisis

29 May 09:22 The Pound Sterling Live 6614579506701340666.html
Five Things You Need to Know to Start Your Day

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29 May 10:32 Bloomberg.com 4032480122692115282.html
Goldman Sachs president says bank on track to meet growth goals

Waldron was speaking at a virtual conference to investors and analysts who are listening closely for indications on the financial health of the largest US banks and their predictions for an economic recovery.

29 May 13:50 The Financial Express 1288289580826283734.html
ASIC flags payday lending concerns once COVID-19 fiscal stimulus dries up

More Australians will likely turn to high-risk payday loans when existing coronavirus stimulus measures run out in September, ASIC has warned.

29 May 22:10 The New Daily 5848147786963979190.html
Income Tax Return: Filing ITRs to become easy as CBDT notifies new Form 26AS

29 May 00:00 12 articles

Due diligence important for residential real estate projects post COVID-19

The pandemic may impact cashflows to real estate projects with delays in customer collections and unwillingness of banks and NBFCs to provide further funding.

29 May 00:00 Moneycontrol 1603024963575101270.html
Small Businesses Can Bypass Complicated GAAP Rules For Crypto Accounting

Small businesses can follow tax basis accounting for crypto and avoid cumbersome GAAP rules

29 May 00:00 Forbes 6028587531116568465.html
MCD unlikely to resume property tax collection from June 1

The Municipal Corporation of Dehradun (MCD) will not resume property tax collection from June 1. The tax section of the corporation was closed for the public since the middle of March due to Covid-19 pandemic due to which many property tax payers of the city have not submitted their property

29 May 00:00 The Pioneer 1146783232658483202.html
Banks free to do due diligence on guaranteed MSME loans

Banks and shadow lenders have been given the flexibility to do their own due diligence and restrict advances below the stipulated limit on sound business principles.

29 May 01:23 The Financial Express 1288289579609920758.html
Investors could look at top-rated company FDs as options shrink

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

29 May 01:59 The Economic Times 7653256036413260619.html
Income tax dept revises Form 26AS; now includes real estate, share transaction details

It will also assist the taxpayers to identify and take corrective action, in case any incorrect information/ detail is reported in Form 26AS

29 May 02:55 Business Today 1145527431544834329.html
The Govt Just Axed Its Fucked Robodebt Scheme & Is Now Refunding A Casual $721 Million

The Australian Federal Government has today announced that they will refund the $721 million worth of funds recouped by the robodebt scheme.

29 May 06:07 Pedestrian TV 5961900144341262654.html
US taxpayers' virus relief went to firms that avoided taxes

Reuters’ analysis of public data found around 110 publicly traded companies have each received $4 million or more in emergency aid from the program.

29 May 10:15 The Jakarta Post 7678601103729986444.html
Credit guarantee scheme: No immediate 100% payments to banks if MSMEs default

On the face of it, the guarantee scheme is a great deal for banks as there is no risk of losing money. But in reality, it is going to be a tough task for banks to get the full guaranteed amount from the guarantee corporation

29 May 11:37 Business Today 1145527431859714419.html
Soon Form 26AS to disclose more details from high-value deposits, expenditure to investments

Under the tax law, banks, mutual funds, companies and registrar, etc are supposed to furnish details of high value transactions

29 May 17:06 Business Today 1145527430702233365.html
Income Tax Return: Filing ITRs to become easy as CBDT notifies new Form 26AS

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

29 May 19:09 The Financial Express 1288289581311146679.html
New comprehensive I-T form to come in handy for taxman

Tax authorities will now have information regarding taxpayers' transactions in stocks and property, along with other financial transactions, in any given year after the Central Board of Direct Taxes (CBDT) notified the new form 26AS — an annual information statement — on Thursday.

29 May 23:01 The Financial Express 1288289581124261939.html
Newmark Capital tipped as buyer of $120m David Jones store

29 May 00:00 12 articles

Amazon in talks for new office despite pandemic

Amazon.com Inc. is in talks to rent an office block in Dublin with space for about 750 workers, according to a person familiar with the matter.

29 May 00:00 MyBroadband 3036103788747548761.html
NZ's largest furniture retailer to open, 180 jobs created

New Zealand's largest furniture and homewares retailer Nido will open its doors to the public tomorrow. The new $60m, 27,000 sq m store in West...

29 May 00:00 Otago Daily Times Online News 3107042080305640490.html
Tim Hortons planning next drive-thru on Boucher Road

CANADIAN coffee chain Tim Hortons is planning a new drive-thru in south Belfast amid a spike in demand for coffee-in-your-car during the Covid-19 pandemic.

29 May 01:00 The Irish News 993066422965527.html
Will London’s newest skyscraper become a monument to the market peak?

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

29 May 04:00 Ft 707176889969711426.html
Stick or twist? Investors face coronavirus-induced property dilemma

LONDON (Reuters) - The coronavirus pandemic has emptied offices and shuttered shops but filled warehouses and highlighted demand for work-from-home spaces, leaving investors wondering if they should flee real estate or double down on their bets.

29 May 06:24 Reuters 8334514181808271278.html
Property investor IPUT increases revolving credit facility by €50m

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

29 May 07:36 independent 5894610845267568909.html
Amazon in talks for new Dublin office even as virus hits

Amazon.com Inc. is in talks to rent an office block in Dublin with space for about 750 workers, according to a person familiar with the matter.

29 May 11:56 BNN 3833521688599124217.html
Newmark Capital tipped as buyer of $120m David Jones store

Melbourne-based Newmark Capital has started the ball rolling in post COVID-19 retail property deals.

29 May 14:00 Brisbane Times 2314609338115410608.html
Third time lucky for discount king Dimmeys

The Zappelli family, owners of the under-liquidation Dimmeys discount retail chain, is selling a 3885 square metre landholding in Brunswick worth around $15 million.

29 May 14:00 Brisbane Times 2314609339190753774.html
Market Wrap: all the leasing and sales activities in and around Sydney

Leasing activity has been close to the city while key sales were recorded in Manly, Parramatta and Kings Park.

29 May 14:00 Brisbane Times 2314609339224665681.html
Developer offers tenants half-price rent at prime site

Rents are being cut in half in a new office development just south of Sydney's CBD.

29 May 14:00 Brisbane Times 2314609338969901166.html
Developers vow to keep building skyscrapers, even as tech firms ditch their offices

Construction projects in Toronto and Vancouver continue as companies embrace working from home

29 May 22:32 The Globe and Mail 68426410811558035.html
Layoffs, pay cuts and shutdowns as major South African hotels count R1.7 billion in losses

29 May 00:00 12 articles

Layoffs, pay cuts and shutdowns as major South African hotels count R1.7 billion in losses

South African hotel and gaming group Tsogo Sun has recorded R1.7 billion in exceptional losses for the full year ended March 2020, after a nationwide Covid-19 lockdown led to a near-complete closure of its hotels.

29 May 00:00 BusinessTech 2153596439458993427.html
Finbond Group plans to sell its South African operation and delist from the JSE

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

29 May 00:00 BusinessTech 2153596439407465310.html
Kogan Shares Soar To Record High

Kogan.com.au has noted unprecedented growth during the COVID-19 pandemic, and today the company’s share price soared by 5.2% to reach a record high of $11.11 as of 12pm.

29 May 00:00 channelnews 7653493205867577435.html
Application for Coronavirus Alleviation Programme is free - NBSSI

Applicants of the Coronavirus Alleviation Programme (CAP) business support have been asked to be cautious of persons who offer to register them on the scheme at a fee.

29 May 00:00 GhanaWeb 9132111493759454210.html
State could see $16 million in coronavirus costs through September, panel told

Health insurance claims for 47,000 state employees stemming from COVID-19 illness could cost the state more than $16 million through September depending on how extensively stay-at-home guidance and...

29 May 01:17 Las Vegas Review-Journal 8640648836137862166.html
COVID-18 Watch: Hotels, airlines look for new revenue streams, hold on to cash to tide over liquidity crunch

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

29 May 03:31 The Indian Express 2885715103847798970.html
Government announces €115 million support package for air transport sector

The Greek government on Thursday announced a package of measures amounting to €115 million to support the country’s air transport sector, hit hard by the

29 May 04:08 Greek City Times 1506177378177574749.html
East African Portland Cement To Fire More Employees

The East African Portland Cement Company (EAPCC) has announced fresh lay offs through voluntary early retirement for all employees.According to acting managing director Stephen Nthei, the scheme i

29 May 04:46 KahawaTungu 3304128542375062612.html
CREATE bill passage to instantly benefit biz

Passage of the proposed Corporate Recovery and Tax Incentives for Enterprises Act bill until the Senate’s session on June 3 would benefit the business sector starting July 1.

29 May 06:22 Journal Online 6375127391916780727.html
Global DMC Partners releases latest Meetings & Events survey results

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

29 May 06:26 TravelDailyNews International 1304175787342269048.html
COVID-19 Watch: Hotels, airlines look for new revenue streams, hold on to cash to tide over liquidity crunch

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

29 May 11:41 The Indian Express 2885715105007911899.html
First-quarter GDP worst showing since 2009: StatCan

Canada's economy had its worst quarterly showing since 2009 through the first three months of 2020 owing to COVID-19, Statistics Canada said Friday, warning an even steeper drop may be coming.

29 May 12:14 CTVNews 2422791599005343207.html
The role of entrepreneurial action in economic recovery

29 May 00:00 12 articles

Economists must collaborate courageously

To navigate pandemic trade-offs, policymakers need syntheses.

29 May 00:00 Nature 7937820126940508067.html
How The US Can Learn About Successful Innovation Strategies From Israel, The Startup Nation

How The US Can Learn About Successful Innovation Strategies From Israel, The Startup Nation.

29 May 00:00 Forbes 6028587530582882406.html
What Kind Of Innovation Will We Apply To Build Our Post-COVID Food System?

As we imagine our Post-COVID food system, I want to discuss how we will unleash innovation to modernize a massive, brittle food production system and its support structures. Fundamentally, how can we innovate to better match food supply with demand?

29 May 00:00 Forbes 6028587530713167819.html
ANALYSIS: How SA can balance control of COVID-19 and avoid economic disaster

South Africa's management of the COVID-19 pandemic must now shift from a centrally regulated approach to one that enables participation and compliance by communities, workers and businesses.

29 May 00:00 ewn.co.za 2308610108218993121.html
Millions vulnerable to poverty although world does not suffer food shortage: IFAD

According to the World Food Programme, 265 million people would suffer from hunger by the end of this year due to the coronavirus pandemic.

29 May 00:00 Egypt Today 1963187899217320162.html
Covid-19 crisis and India’s next government

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

29 May 00:52 The Financial Express 1288289581094742615.html
Environment Must Be Centre Of All Future Plans

Environmental sustainability is no longer a ‘nice to have’ – it is now a ‘must have’ that needs to be embedded into decisions about New Zealand’s future, say experts in a new report.

29 May 07:29 SCOOP 5315658999796477231.html
The role of entrepreneurial action in economic recovery

The Covid-19 lockdown is having an unprecedented impact on small business and entrepreneurship globally. Governments around the world are rightly focusing on protecting people’s health while at the same time protecting the economy through stimulus and relief packages. There are differences in opinions as to what specific measures are required to return to ‘normality’, which further depends on the length of the pandemic and the severity of the impact on different types of business sectors.

29 May 08:17 Daily Maverick 2373996787840382352.html
‘The recovery needs to be a full-scale economic renewal’

Top economist Mariana Mazzucato on ‘doing economics differently’ in a post-Covid-19 world

29 May 08:28 The Irish Times 8204772967908148798.html
Plans submitted for futuristic Perth West project which could boost economy by £65m a year and create 2,000+ jobs

Developers have submitted plans for the innovative Perth West eco-project, which is expected to bring in over £65 million a year to the Perthshire economy and generate over 2,000 jobs.

29 May 08:46 The Courier 4275302768037569817.html
Gender inclusion, the Infosys way

Technology majors are at a huge advantage if they are able to understand how a cross-section of people tend to engage with their technology. With today’s consumer base more diverse and heterogeneous,

29 May 09:41 BusinessLine 5283600890690995.html
Aquaculture industry set to be a boon for Northern Australian economy

Northern Australian aquaculture is set to increase its production five-fold to exceed $1.34 billion in value and produce more than five times its current volume of fish, prawns and other seafood products ...

29 May 11:49 phys.org 3476726123122936238.html
Volkswagen looking to buy 50% of JAC's parent company

29 May 06:25 11 articles

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

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

29 May 06:25 Business Today 1145527431884728587.html
VW spending $2.2B to expand in China’s electric car market

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

29 May 06:38 TechGenyz 5378425015913960931.html
Volkswagen invests two billion euros in China – new acquisitions are part of its electrification strategy

Volkswagen has announced some big moves in China as part of its electrification strategy in the world's largest auto market. The German giant plans to

29 May 08:20 Paul Tan's Automotive News 7862472106291726060.html
Maruti Suzuki Considering Leasing Out Cars To Retail Customers: Report

Maruti Suzuki does provide its cars to car rental services, but a new lease scheme will be beneficial for both, the company’s dealers, as well as the company itself

29 May 08:30 GaadiWaadi.com 5195250399255234296.html
Chevy Working On A Secret New Sports Car

Although all-electric vehicles currently account for a very low percentage of total vehicle sales in the US...

29 May 11:00 CarBuzz 4034462235430320050.html
Volkswagen looking to buy 50% of JAC's parent company

The deal between Volkswagen and Anhui Jianghuai Automobile Group will result in a 50% ownership for each company

29 May 12:53 AutoIndustriya.com 2007465447912547606.html
Volkswagen Pumps $2.2 Billion Into China EV Operations, Expands Cooperation With Ford

Earlier this month, Volkswagen announced it was rethinking its plan to use its SEAT brand to spearhead its electric vehicle efforts in China. It wasn't exactly clear at that time what the company's Plan B was. Certainly it was not abandoning its China plans, was it? This week, that question has been answered. The company

29 May 15:54 CleanTechnica 1065744424723918661.html
What Is Audi's Project 'Artemis'?

Audi launches a project that aims to develop an electric vehicle from scratch in just four years. The team also gets to experiment with how to selling it.

29 May 16:06 Motor1.com 1648269241454175923.html
What’s Up With Volkswagen Software?

We've been writing it and saying it for years — the future of the auto industry comes down to batteries and software. This has been a top reason why people have been so bullish on Tesla and the company now has a market cap higher (much higher) than every automaker other than Toyota. (Full disclosure:

29 May 19:30 CleanTechnica 1065744425207314522.html
Tesla's EV Market Share Is Low And Falling

What have you, the investor, assumed for Tesla’s EV market share? Both globally, and in Europe? You are about to find out the real numbers. Investors who are sh

29 May 22:13 Seeking Alpha 5725634556375606712.html
The Ford-Volkswagen Pickup Truck Is Right Around The Corner

Two of the world's automotive giants, Ford and Volkswagen, are more commonly known for battling it out on t...

29 May 23:15 CarBuzz 4034462236257141984.html
Better Buy: Magellan Midstream Partners vs. NuStar Energy

29 May 00:00 11 articles

5 Top Canadian Oil Stocks To Buy In 2020

Pessimism about the Canadian oil and gas sector might be at an all time high but for medium to long-term investors, these stocks might be attractive buys.

29 May 00:00 Forbes 6028587530376578285.html
Should You Pick Ameren Over NextEra?

he stock price for NextEra Energy, the largest electric utility holding company in terms of market cap, is up by over 105% since the beginning of 2017, driven by the company’s fast-growing renewable energy business. In comparison, Ameren, a regulated utility that operates in Illinois and Missouri...

29 May 00:00 Forbes 6028587532421906020.html
Food Is Essential, So Sell Naked Puts On Performance Food Group

We love businesses that are essential to humans. Food distribution is one such business, and Performance Food Group is a value play. Selling naked puts against

29 May 01:39 Seeking Alpha 5725634556967556413.html
Top Stock Reports for Novo Nordisk, IBM & Honeywell

Today's Research Daily features new research reports on 16 major stocks, including Novo Nordisk (NVO), International Business Machines (IBM) and Honeywell International (HON).

29 May 02:00 Zacks Investment Research 2346638543176389018.html
How our very richest tripled their fortunes in a decade

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

29 May 05:44 Australian Financial Review 3974284486546759398.html
Southwestern Energy: Bullish On Gas Prices, But Clarity On 2021 Hedges Needed

The natural gas markets are poised to rally substantially, as production is declining, while the summer is expected to be abnormally warm. SWN follows a rolling

29 May 06:03 Seeking Alpha 5725634557612117206.html
Energy Transfer: Showing The Strength Of The Midstream Model

Energy Transfer saw its results impacted by the coronavirus outbreak but they overall held up okay. The company has a reasonably strong customer base that shoul

29 May 06:50 Seeking Alpha 5725634557567394150.html
Writing Puts For Income With Downside Protection

Readers of my prior articles know I like writing Put options to generate income. This has enhanced my return on the cash I want in some accounts. Some option tr

29 May 10:42 Seeking Alpha 5725634556237243248.html
Better Buy: Magellan Midstream Partners vs. NuStar Energy

A midstream player that's changed its business or one that's stuck to its knitting? The choice isn't easy with both offering 9%+ yields.

29 May 11:30 The Motley Fool 2231313657828221659.html
Canopy Growth Stock Is Still Among the Most Compelling Marijuana Plays

CGC stock is well-positioned to become a leader in the cannabis industry with its steady partnership with a beverage industry giant.

29 May 11:39 InvestorPlace 24614510498211832.html
Canopy Growth reports $1.3B fourth-quarter loss, hits reset on strategic focus

Canopy Growth Corp. is rethinking its first-to-every-market strategy after reporting a $1.3-billion loss in its fourth quarter.

29 May 12:27 CTVNews 2422791597603956903.html
Afterpay says it 'rejects' the notion of performing credit checks on its customers. Here's why their arguments don't add up.

29 May 00:00 10 articles

PPP Gets A Promotion: House Passes Bill That May Save Thousands Of Businesses — And One Million Headaches

House passes PPP loan Bill.

29 May 00:00 Forbes 6028587532054342368.html
Got Cryptocurrency? Get Ready For An IRS Audit

The IRS is hiring cryptocurrency experts to assist in virtual currency audits, a clear signal those audits will be on the rise.

29 May 00:00 Forbes 6028587530694344444.html
What Could Go Wrong: FinTech Vs. Healthcare Covid-19 Crisis Innovation Series

The COVID-19 crisis presents an opportunity for the healthcare industry to catapult forward, make fundamental changes, and adopt new innovation. But will they take advantage of this opportunity, or will the need to keep the status quo get in the way?

29 May 00:00 Forbes 6028587532018885692.html
The Paycheck Protection Program Could Have Been Great—It Wasn’t

With the first round of Paycheck Protection Program recipients about to submit for loan forgiveness, let's look back on the process.

29 May 00:00 Forbes 6028587531973758213.html
JPMorgan Agrees To Pay $2.5 Million To Settle A Class Action Lawsuit

JPMorgan Chase Bank NA, the customer and commercial branch of JPMorgan, consented to pay $2.5 million to settle a legal claim. The suit is identified with its past choice to consider acquisition of digital currency with its credit cards as loans. Plaintiffs To Get 95% of Harm For quite a…

29 May 00:00 BTC Wires 8723770619697637303.html
Afterpay says it 'rejects' the notion of performing credit checks on its customers. Here's why their arguments don't add up.

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

29 May 03:02 Business Insider Australia 5575934301376302654.html
Pandemic accelerates desire to pass down wealth

Fear over potential tax rises leads to a rise in people gifting assets to family members

29 May 04:00 Ft 707176889486444418.html
BBVA calls for easing of coronavirus restrictions

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

29 May 04:00 Ft 707176887978124562.html
Mortgage repayment cliff beckons

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

29 May 04:00 MacroBusiness 6890797930415665609.html
Coronavirus: New mortgage holiday should affect credit record, says Nationwide boss

The UK's biggest building society says struggling applicants should be flagged to lenders.

29 May 11:11 BBC News 3883826129000471240.html
Derivatives Data Shows That Even After 150% Rally, Bitcoin Is Far From Topping Out

29 May 01:00 10 articles

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

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

29 May 01:00 Bitcoinist.com 1696346936229738507.html
Derivatives Data Shows That Even After 150% Rally, Bitcoin Is Far From Topping Out

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

29 May 01:00 NewsBTC 7232133511597096872.html
EUR/USD options market bias has flipped bullish, risk reversals show

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

29 May 03:23 FXStreet 4480975639972696322.html
Bitcoin May Surge as Chinese Yuan Gets Fixed to Lowest Price in a Decade

Unlike Bitcoin and other free markets, the Chinese yuan market is fixed and somewhat controlled by the country's central bank. As Wikipedia describes:

29 May 10:00 Bitcoinist.com 1696346937759561100.html
Bitcoin Breaking $10,500 Will Set the Stage for a Massive Reversal: Here’s Why

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

29 May 10:00 NewsBTC 7232133511185853664.html
Ethereum Just Breached a Crucial Level, and That Means Bitcoin May Rip Higher

After days of stagnating, both Bitcoin and Ethereum have registered strong gains over the past 48 hours. While it is normally BTC leading the pack, this

29 May 12:00 Bitcoinist.com 1696346936959431748.html
‘Not an Asset Class’ Bitcoin Spiked by 100,000,000% Since 2011

Goldman Sachs is missing the fact that Bitcoin has provided an unprecedented 100,000,000% return on investment since 2011.

29 May 15:00 Bitcoinist.com 1696346936614313425.html
Analysts Foresee a Harsh End to Bitcoin’s Uptrend if It Losses $9,350

Analysts believe that a break below Bitcoin's near-term support will invalidate this recent uptrend and catalyze even further downside.

29 May 18:00 Bitcoinist.com 1696346936595896708.html
Ethereum’s Rocketing Funding Rates a Grave Sign for Its Ongoing Rally

The number of Ethereum long positions has been rocketing, which has been a warning sign that a liquidation-fueled movement is imminent.

29 May 20:00 Bitcoinist.com 1696346938031169457.html
This is the Level Chainlink Needs to Surmount to See “Swift Rally” to Fresh Highs

Chainlink (LINK) could soon find itself caught within an uptrend that leads it up to fresh all-time highs if it breaks one key resistance level.

29 May 22:00 NewsBTC 7232133510944601839.html
Ardagh to repay debt as it raises $715m in bond sale

29 May 00:00 9 articles

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

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

29 May 00:00 Moneycontrol 1603024965338982719.html
Finding Comfort Outside Of The MegaTechs

Megatech has done well lately. But for investors over allocated to Facebook, Apple, Amazon, Microsoft and Alphabet, there are other tech stocks with good growth prospects and strong balance sheets.

29 May 00:00 Forbes 6028587530637905891.html
In rescue effort, Fed has broad stake in corporate America's fortunes

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

29 May 00:00 Investing.com 5710361974642756641.html
US money market funds waive fees to stave off negative returns

Decline in yields on short-term debt prompts action from asset managers

29 May 03:00 Ft 707176889150166290.html
Ross Stores: The Valuation Appears Frothy

ROST quarterly revenue fell over 50% due to knock-on effects of the pandemic. Its cash flow fell hard and could remain challenged until all of its stores are re

29 May 03:25 Seeking Alpha 5725634557465273143.html
The number of borrowers going interest only increases, as 24% of housing and 41% of business loans were interest only at the end of April

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

29 May 05:57 interest.co.nz 6454226276663077314.html
Ardagh to repay debt as it raises $715m in bond sale

Glass and metal container group led by Paul Coulsen operates facilities in 12 countries

29 May 07:36 The Irish Times 8204772968903832020.html
Starling Bank Scores Another £40 Million from Existing Investors

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

29 May 09:24 Finance Magnates 8992138264945837691.html
Wells Fargo Stock Is Too Cheap

Wells Fargo, trading at 73.5% of tangible book value, is a bargain. WFC stock is worth at least $33.13 per share.

29 May 17:51 InvestorPlace 24614511219986048.html
Covid impact: Big tax shortfall raises Centre’s fiscal deficit to 4.6%

29 May 14:03 9 articles

Fiscal deficit widens to 4.6% of GDP in FY20 on poor revenue realisation

The deficit, which signifies the gap between government revenue and expenditure, is higher than the revised estimate of 3.8 per cent for the fiscal

29 May 14:03 Business-Standard 1502508925908976117.html
Govt lowers GDP growth rates for Q1, Q2 and Q3 in revised data

GDP growth has now been revised to 4.4 per cent in Q2 compared to 5.09 per cent earlier

29 May 14:03 Business Today 1145527431900538858.html
India's FY20 fiscal deficit at 4.59% of GDP, suprasses budget target of 3.8%

The fiscal deficit is 122 per cent of Rs 7.67 lakh crore budget aim of the government for fiscal 2019-20

29 May 14:13 Business Today 1145527432484560658.html
Crisis growing as GDP data signals weakening demand, growth impulses

India's economy was already slowing down before it entered the Covid-19 year of 2020-21, writes D K Srivastava.

29 May 14:46 Business-Standard 1502508926606139406.html
At 4.6% of GDP, last year's fiscal deficit breached FRBM Act escape clause

The total revenue for FY20 was Rs 17.5 trillion, or 90.6 per cent of revised estimates of Rs 19.32 trillion, compared with 91.4 per cent for the same period last year.

29 May 15:21 Business-Standard 1502508926199171531.html
Fiscal deficit widens to 4.6% of GDP in 2019-20

The deficit, which signifies the gap between government revenue and expenditure, is higher than the revised estimate of 3.8 per cent for the fiscal.

29 May 19:25 The Financial Express 1288289579895716729.html
Govt reducing income of SBI depositors by reducing interest rates: Congress

The Congress on Friday accused the BJP government of reducing income of State Bank of India (SBI) depositors by bringing down interest rates and demanded that the previous rates be restored. The

29 May 23:06 Deccan Herald 2027555797038410044.html
Q4 GDP growth 3.1%: Was a revival on?

Economy expanded at 4.2% in FY20, the lowest rate since FY09, dragged down by manufacturing, construction, investment.

29 May 23:26 The Financial Express 1288289580427535553.html
Covid impact: Big tax shortfall raises Centre’s fiscal deficit to 4.6%

Spending kept at 99.5% of RE to support falling economy.

29 May 23:42 The Financial Express 1288289580862457011.html
Indian entrepreneurs gave this many high paying jobs to America; US-India trade ties can help startups boom

29 May 00:00 9 articles

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

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

29 May 00:00 Moneycontrol 1603024964460067268.html
Vietnam’s Development Strategy for Next Decade Must Put Productivity Growth Front and Center

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

29 May 01:00 Modern Diplomacy 4563921199369111432.html
India using public digital infra to achieve economic goals at home, connect globally: Jawed Ashraf

India's High Commissioner to Singapore Jawed Ashraf further noted that building digital connectivity and partnerships with Singapore and ASEAN countries, is a priority for India and highlighted how technology has been used effectively to achieve public policy goals in the country during COVID-19 disruptions.

29 May 06:45 The Economic Times 7653256037878900147.html
India, US could strike a 'smaller' trade deal in the coming weeks: Indian envoy

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

29 May 07:06 The Economic Times 7653256037824296285.html
India, US could strike a ‘smaller’ trade deal in the coming weeks: Indian envoy

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

29 May 07:10 TechGenyz 5378425016004523179.html
India, US could strike a 'smaller' trade deal in coming weeks: Indian envoy

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

29 May 09:54 Business-Standard 1502508925035428504.html
India, US could strike a 'smaller' trade deal in the coming weeks: Indian envoy

India and the US could strike a “smaller” trade deal in the coming weeks, India's ambassador Taranjit Singh Sandhu has said while acknowledging that the unprecedented challenges posed by the COVID-19

29 May 12:48 Deccan Herald 2027555796568003260.html
Modi’s hydroxychloroquine support to US brings first installment of mega US-India trade deal closer

India and the US could strike a smaller trade deal in the coming weeks as hydroxychloroquine supply to the US has given the two countries enough confidence.

29 May 13:18 The Financial Express 1288289580695987978.html
Indian entrepreneurs gave this many high paying jobs to America; US-India trade ties can help startups boom

The strengthening of US-India bilateral ties could be a major proponent for startups to flourish and both countries can benefit if more startups are encouraged to work in America.

29 May 16:59 The Financial Express 1288289581592490170.html
PIC willing to convert R90 billion of Eskom debt into equity

29 May 00:00 9 articles

PIC willing to convert R90 billion of Eskom debt into equity

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

29 May 00:00 MyBroadband 3036103787433276143.html
PIC wants Eskom bonds turned to equity

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

29 May 00:00 The Namibian 8837880576115470521.html
Row over N50b AMCON’s bailout, new loans for aviation

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

29 May 04:22 The Guardian 7580308504172840070.html
[ICYMI] Obasanjo writes former African presidents, rallies support for AfDB’s Adesina

Former President of Nigeria, Olusegun Obasanjo, has called on former African presidents to support President of AfDB, Dr Akinwumi Adesina,

29 May 08:41 Vanguard News 4125100339450265966.html
Pag-IBIG Fund sets P10B construction fund to build more homes, boost economy

Pag-IBIG Fund has increased to P10 billion its home construction fund in a bid to encourage production of housing units for its members and help boost the national economy. “We have alloc

29 May 08:55 Journal Online 6375127393437352152.html
JobKeeper could be extended, says Peter Dutton

Home Affairs Minister Peter Dutton has confirmed the government is willing to be flexible with the end date for JobKeeper wage subsidies.

29 May 08:57 The New Daily 5848147786339287758.html
Rail project expecting $100M shortfall, possibly $100M more | Honolulu Star-Advertiser

The Honolulu Authority for Rapid Transit got grim financial news Thursday, with no easy answers ahead.

29 May 10:05 Star-Advertiser 3439335388023101315.html
Deloitte's call for Virgin emergency cash rejected as liquidity fears rise

The federal government has rejected at least one direct plea from Virgin Australia's administrator Deloitte for emergency funding, raising concerns it might fall into liquidation before new owners are found.

29 May 14:00 Brisbane Times 2314609338372968596.html
Party City News: Why PRTY Stock Is Surging 29% Today

Party City (PRTY) is seeing massive gains to PRTY stock Friday following news of a Transaction Support Agreement with bondholders.

29 May 19:37 InvestorPlace 24614509741489884.html
Williams reveals it is for sale

29 May 00:00 9 articles

F1 Analysis: Why Williams is up for sale

Formula 1's decision to lower its cost-cap to $145m per season from 2021 was widely celebrated on Wednesday, but the economic impact of the COVID-19 pandemic was underlined on Friday as Williams revealed it would be open to selling its team. ADAM COOPER delves into the situation facing one of F1's fiercely independent teams

29 May 00:00 Autosport 3695548569526006014.html
German regulator examines stock trades by Wirecard CEO

German regulator examines stock trades by Wirecard CEO

29 May 00:00 Investing.com 5710361974467534840.html
Brookfield re-enters race for Virgin with surprise bid

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

29 May 04:25 Australian Financial Review 3974284488133632511.html
Williams reveals it is for sale

Backmarker Formula 1 team Williams has admitted it may be sold.

29 May 08:33 Sports Mole 7750663361929209725.html
CEO Williams: "Do consider selling the entire company"

The collaboration with ROKiT has been terminated with immediate effect and the Formula 1 team may go on sale. That was the news that Mike O'Driscoll said this Friday morning. Through the official channels, the CEO will give some more text and explanation.

29 May 08:58 GPblog.com 9117728198371150692.html
Williams set to sell Formula One team

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

29 May 08:58 WAtoday 6806590900126211267.html
Williams set to sell Formula One team

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

29 May 08:58 Brisbane Times 2314609339680021699.html
Want to buy an F1 team? Williams is considering selling

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

29 May 10:19 Autoblog 4372976973658437779.html
Cash-strapped Williams considers selling F1 team

Williams is considering selling a minority or majority stake to secure its future in F1. Click here to know more.

29 May 17:26 Autocar India 1039296989447895912.html
EUR/JPY Price Analysis: Scope for a test of 121.00

29 May 01:19 9 articles

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

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

29 May 01:19 FXStreet 4480975638424075553.html
GBP/USD Price Analysis: 50-day EMA regains bulls’ attention above 1.2300

The GBP/USD pair’s pullback from the intraday bottom fades upside momentum around 1.2320/25 amid Friday’s Asian session. Even so, the pair stays mildl

29 May 01:45 FXStreet 4480975639424096900.html
USD/JPY Price Analysis: Breaks 12-day-old supportline as risk aversion intensifies

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

29 May 03:27 FXStreet 4480975638815311520.html
AUD/USD Price Analysis: Greenback’s drop accelerates the rise above 0.6600

AUD/USD takes the bids around 0.6658, up 0.20% on a day, during the pre-European session on Friday. The Aussie pair recently gained traction after the

29 May 05:35 FXStreet 4480975638881820620.html
EUR/GBP Price Analysis: Jumps to fresh 2-month tops, further beyond 0.90 mark

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

29 May 08:46 FXStreet 4480975639368972156.html
GBP/USD: Failing to take over the 1.2360 critical resistance

Friday's four-hour chart is showing the cable's failure to crack critical resistance at 1.2360, Yohay Elam, an analyst at FXStreet, informs. See: GBP/

29 May 09:49 FXStreet 4480975639407066565.html
NZD/USD climbs above 0.6200 on broad USD weakness

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

29 May 10:58 FXStreet 4480975640068880266.html
EUR/JPY Price Analysis: Scope for a test of 121.00

The march north in EUR/JPY remains unabated and it has already left behind the 119.00 yardstick. The cross is now flirting with the key 4-month resist

29 May 11:36 FXStreet 4480975638185449385.html
AUD/USD trades at fresh session highs near 0.6660 ahead of key US data

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

29 May 11:55 FXStreet 4480975639795728787.html
Why Macy’s Stock Can Climb 70% Higher in 2020

29 May 00:00 9 articles

Report: Worldwide Alcohol Sales Won’t Rebound Until 2024

The global coronavirus pandemic may have initially caused a spike in U.S. alcohol sales at off-premise retail stores, but the long-term impact of decreased travel and on-premise closures could set the global booze business back five years, according to a new report from research firm IWSR.

29 May 00:00 Forbes 6028587531655529348.html
Stimulus Checks Fuel U.S. Retail Sales but Global Picture Remains Dim

Consumers new to online shopping are helping to drive sales.

29 May 04:30 WWD 5490910669654221383.html
Nordstrom sales plunge nearly 40per cent on pandemic-led store closures

Upscale department store chain Nordstrom Inc on Thursday reported a nearly 40per cent slump in quarterly sales, as lockdowns to contain the ...

29 May 05:15 CNA 5644198862624744586.html
Spykar Lifestyles makes a return to the new normal; resumes operation in 37 stores

The company which in all runs 350 stores across the country, claims to have got 45-55% of its business back

29 May 07:03 The Financial Express 1288289580926213860.html
What’s Keeping Stocks Afloat? The ‘Microsoft Market’

The tech giant is a mainstay of the industry that lets companies, governments and people navigate disruptions caused by the coronavirus and other threats.

29 May 09:00 Bloomberg.com 4032480122123540691.html
Amazon Doesn't See Demand Slowing Anytime Soon

It still has capacity constraints in its warehouses.

29 May 14:50 The Motley Fool 2231313657876495948.html
Salesforce Stock Still a Buy as Its Software Gains Influence

Salesforce stock took a tumble after Q1 earnings, but ditching CRM stock now would be rather shortsighted.

29 May 17:30 InvestorPlace 24614510903444915.html
Why Macy’s Stock Can Climb 70% Higher in 2020

Macy's stock plunged on the idea that the world would never be normal again after Covid-19. But the world is already normalizing today.

29 May 18:01 InvestorPlace 24614509631822086.html
3 Sports Apparel Stocks to Trade for Players and Spectators Alike

Stoppage time for athletics of all kinds hasn’t stopped bulls and bears from playing three sports apparel stocks to big wins.

29 May 19:39 InvestorPlace 24614509478445449.html
ASB Quarterly Economic Forecast: Fast and furious

29 May 00:00 9 articles

Fed's Mester says it's hard to imagine quick V-shaped recovery

Fed's Mester says it's hard to imagine quick V-shaped recovery

29 May 00:00 Investing.com 5710361975417775229.html
UK economy shows early signs of improvement from lockdown low | Free to read

Five indicators benefit from easing of restrictions amid overall depressed activity

29 May 03:00 Ft 707176889840155974.html
UK business morale deteriorates to 2008 low in May – Lloyds Bank

According to the latest survey conducted for Lloyds Bank, the UK business confidence hit its lowest since the 2008 Global Financial Crisis (GFC) due t

29 May 03:52 FXStreet 4480975639051351453.html
Should we fear post-pandemic inflation?

Inflation could well go through a yo-yo effect, as is already happening with other economic indicators.

29 May 04:42 The Economic Times 7653256036795867917.html
UK business confidence matches 2008 low in May - Lloyds Bank

LONDON — British business confidence fell to its lowest since the 2008 financial crisis in May, according to a survey for Lloyds Bank which contrasts with other surveys which have shown a small improvement since the initial shock of the coronavirus lockdown.

29 May 05:52 Financial Post 2379081491937329709.html
ASB Quarterly Economic Forecast: Fast and furious

New Zealand is emerging out of lockdown into a very different world to the one we all heralded in at the start of the year, and although for us the health crisis may be easing, the economic one is only just starting.

29 May 06:00 www.voxy.co.nz 6138926313939512278.html
UK business confidence at its lowest since December 2008

New survey shows their confidence at new depths, while fear of job losses soar

29 May 06:33 Gulf News 2086521543889043406.html
Covid-19 pandemic may increase China’s deficit to historic high

29 May Economies across the world have announced stimulus packages to deal with the impact caused by the Covid-19 pandemic....Read More...

29 May 06:35 Mining Technology 639193376941777948.html
NZD/USD: Surfing the euphoric wave above the 0.6170 support – ANZ

The kiwi is surfing the euphoric wave of risk-on sentiment again, trading at 0.6206, but economists at ANZ Bank are concern regarding unemployment. Ke

29 May 06:44 FXStreet 4480975639157715299.html
John Paulson Adds 2 Stocks To Portfolio, Boosts Tiffany

29 May 00:00 8 articles

John Paulson Adds 2 Stocks To Portfolio, Boosts Tiffany

Merger arbitrage specialist releases first-quarter portfolio

29 May 00:00 Forbes 6028587531964930291.html
Does Gap Inc Have Enough Cash To Survive Covid-19 Demand Shock?

With most retail stores shut and people holding off on discretionary spending, chains such as Gap Inc may be looking at an existential crisis - a big change from typical growth issues they tackle every day. The company’s stock has fallen 50% this year reflecting the demand shock that may push it...

29 May 00:00 Forbes 6028587532048165885.html
EOG Resources: The Three Wise Monkeys

Revenues were $4.72 billion, up from $4.06 billion in the same quarter the previous year. Total production was a record of 874.1K Boep/d, up 13% from last year,

29 May 03:59 Seeking Alpha 5725634556689729611.html
Avoid GE Stock? Depends if You’re Trading or Investing

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

29 May 10:16 InvestorPlace 24614509530578689.html
3 Reasons to Buy Microsoft on the Next Dip

Microsoft stock is trying to make new highs, as bulls continue to bid the stock higher. Here are a few reasons to still like MSFT.

29 May 10:31 InvestorPlace 24614510083022809.html
Buy the Post-Earnings Dip in Canopy Growth Stock Now

Canopy Growth's fourth-quarter earnings report was not good. But the big-picture trends remain favorable, and CGC stock will bounce back.

29 May 17:08 InvestorPlace 24614510364379114.html
Zoom Video Jumps to Record With Market Cap Now Above $50 Billion

Zoom Video Communications Inc. soared to a record on Friday with a rally in the last hour of trading helping the company close with a market value above $50 billion for the first time.

29 May 22:52 Bloomberg 4032480122172310644.html
Einhorn’s Greenlight Hedge Funds Rebound With 7.4% Gain in May

David Einhorn’s hedge funds surged 7.4% in May as U.S. stocks rallied.

29 May 23:49 Bloomberg.com 4032480121206786750.html
UK pushes alliance to ditch Huawei tech

29 May 00:41 8 articles

Huawei's ambitions for Canada stalled by rift with China, security expert says

TORONTO — Huawei Technologies Co.'s push to become a leading supplier of 5G technology in Canada appears to be in jeopardy after the Chinese tech giant's CFO suffered a legal setback in a B.C. court, prompting an angry response from Beijing.

29 May 00:41 KitchenerToday.com 52741010270217821.html
Huawei's ambitions for Canada stalled by rift with China, security expert says

Huawei Technologies Co.'s push to become a leading supplier of 5G technology in Canada appears to be in jeopardy after the Chinese tech giant's CFO suffered a legal setback in a B.C. court, prompting an angry response from Beijing.

29 May 00:45 CP24 1887544296204865933.html
Huawei ambitions stalled

Huawei Technologies Co.'s push to become a leading supplier of 5G technology in Canada appears to be in jeopardy after the Chinese tech giant's CFO suffered a legal setback in a B.C. court, prompting an angry response from Beijing.

29 May 06:33 Castanet 616068602920556613.html
UK D10 plan to provide alternatives to Huawei

The UK has come up with a plan to provide alternative sources to China for telecoms, pharmaceuticals and other key supplies.

29 May 08:36 Electronics Weekly.com 6636672080552551870.html
UK pushes alliance to ditch Huawei tech

The UK government is looking at ways to reduce its reliance on Chinese technology, floating ...

29 May 10:12 Mobile World Live 2109488011218859836.html
UK plans new 5G club of 10 democracies, including India: Report

The move to speed up such a club comes as the UK launched an inquiry into Huawei's involvement in the country's mobile network upgrade in the wake of US sanctions against the company.

29 May 19:14 The Financial Express 1288289581360039216.html
UK plans new 5G club of 10 democracies, including India, says report

The group will aim to create alternative suppliers of 5G equipment and other technologies to avoid relying on China

29 May 19:30 Business-Standard 1502508926400566455.html
UK plans new 5G club of 10 democracies, including India: Report

The British government has approached the US with the prospect of creating a 5G club of 10 democracies, including India, amid growing security concerns related to Chinese telecom giant Huawei,

29 May 20:17 Deccan Herald 2027555795968414331.html
We must create more jobs, not give extra money to public servants

29 May 00:00 8 articles

Universal super transcends pandemic

New Zealanders are braced for months, perhaps years, of changes in the way they and their Government spend their money. The coronavirus pandemic...

29 May 00:00 Otago Daily Times Online News 3107042078848966422.html
Why the national cabinet must brace for the jobless wave

An analysis of the JobKeeper numbers shows how complicated a return to higher levels of employment will be.

29 May 07:23 Australian Financial Review 3974284486371593875.html
What’s up with the housing market in the pandemic

For house hunters wondering whether the coronavirus crisis might lead to a better deal on an upcoming purchase, there’s some bad news: probably not, at least not right now.

29 May 11:30 Msn 1509165514155181452.html
Wage cuts, even symbolic ones, aren't going to help anybody

An economic recovery needs to be built on the back of real jobs and real economic activity, not on cheap political wins from wage cuts and freezes.

29 May 13:20 Brisbane Times 2314609339242466455.html
If we must have a pay freeze, spare front-line jobs dominated by underpaid women

Any halt to pubic sector pay rises in NSW needs to be short-lived, and the way to recovery must account for the glaring gender pay gap.

29 May 14:00 Brisbane Times 2314609338285668356.html
We must create more jobs, not give extra money to public servants

Public sector pay rises in the middle of a global pandemic do not benefit the 8 million people of NSW, many of whom are suffering right now.

29 May 14:05 Brisbane Times 2314609338311368341.html
The Guardian view on wage subsidies: unemployment costs too

Editorial: Almost a third of the UK workforce are now reliant on government support for their income. If it is withdrawn while the economy is hibernating then joblessness will rise

29 May 17:25 the Guardian 1491978795454863231.html
Massey's Alison Brook looks at how we are responding to a world-scale natural disaster that is killing jobs super-fast and what the resulting long-term unemployment will will do to economic prospects

Massey's Alison Brook looks at how we are responding to a world-scale natural disaster that is killing jobs super-fast and what the resulting long-term unemployment will will do to economic prospects

29 May 22:52 interest.co.nz 6454226275762366031.html
The impacts of COVID-19 on innovation and digital transformation in air transport

29 May 00:00 8 articles

Creating Value Through Digital Transformation

Surviving the most challenging economic conditions since the Great Depression, and thriving once the pandemic eases, requires flexible and imaginative thinking and the ability to manage the innovation process.

29 May 00:00 Forbes 6028587530891454665.html
Innovation? It’s all about the data, darling

In all my research into financial services innovation one trend stands out above any other: it’s all about the data.

29 May 00:00 FinTech Futures 6822881037340764192.html
Most Indian organisations want AI for improved productivity

Organisations across multiple verticals have been leveraging AI, driven by their own needs, but all of them are considering intelligent systems to either reduce effort on mundane tasks or establish specialized real-time insights for faster decision making

29 May 02:03 Free Press Journal 9080771788539999951.html
Datalogic Makes Investment in AWM Smart Shelf

The deal positions Datalogic for growth into new technology areas.

29 May 04:30 WWD 5490910668995989931.html
UNWTO launches global guidelines to reopen tourism

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

29 May 06:30 TravelDailyNews International 1304175788634256669.html
Shipping industry goes digital in lockdown

Blockchain replaces manual effort.

29 May 09:20 iTnews 4425008560097782186.html
The impacts of COVID-19 on innovation and digital transformation in air transport

As airlines, airports and their air transport sector partners continue to plot the industry’s recovery from the COVID-19 crisis, a focus on innovation, and investment in technologies such as touchless biometrics, self-service, automation, and mobile devices and apps, will have a crucial role to play. These are some of the key insights of a new report jointly released by Fast Future, Future Travel Experience (FTE), and the Airline Passenger Experience Association (APEX). The study findings are being launched today during a

29 May 09:21 TravelDailyNews International 1304175788237884707.html
Sanitation and cleanliness on top of new age mobility firms' agenda

Firms that provide urban commuting warm up to new realities as lockdown relaxes

29 May 13:24 Business-Standard 1502508925787092847.html
Big-time success: Market experts hail rights entitlement platform

29 May 00:00 8 articles

NIIT Technologies share buyback issue opens; 10 key things to know

The IT company proposed to raise Rs 337.46 crore through the buyback offer.

29 May 00:00 Moneycontrol 1603024963816863183.html
TZERO Announced New Broker-Dealers Trading On Its Blockchain

tZERO, owned by OverstockOSTK, announced yesterday that broker-dealers ChoiceTrade and an unnamed investment bank focused on institutional brokerage are now live and trading on the tZERO blockchain Alternative Trading System (ATS). Both brokers are now subscribers to the tZERO’s ATS.

29 May 00:00 Forbes 6028587530490567261.html
108 jobs on line in Tower proposal

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

29 May 00:00 Otago Daily Times Online News 3107042080208028293.html
India News Headlines: Latest India Business News 29th May 2020

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

29 May 03:16 Tentaran - there's more to life 1112023113524184376.html
Fitch forecasts Indonesia operator consolidation

Intense price competition in Indonesia and unequal access to spectrum resources, as the country mulls ...

29 May 10:31 Mobile World Live 2109488010223474149.html
Last day for buying, selling RIL-Rights Entitlement, shares surge 48% from May 20; should you buy today?

From an opening price of Rs 152 on May 20, Reliance Industries' rights entitlement (RIL-RE) share price has surged 48 per cent to hit today's high of Rs 225 apiece on NSE.

29 May 14:33 The Financial Express 1288289579526648990.html
Sebi concessions fail to lift IPO market, firms shelve listing plans

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

29 May 18:17 Business-Standard 1502508925174395316.html
Big-time success: Market experts hail rights entitlement platform

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

29 May 18:54 Business-Standard 1502508925590029161.html
East Tender expects increasing 5G optical filter shipments in 2H20

29 May 01:00 8 articles

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

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

29 May 01:00 Koreaherald 8029273604850950187.html
Epistar 4Q20 operation may turn profitable, says president

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

29 May 03:21 DIGITIMES 8411283749503469208.html
China LED makers expanding mini/micro LED capacities

China-based major LED chip makers and packaging service providers, optimistic about demand for mini and micro LEDs, are currently pushing capacity expansions mainly for related applications, according to industry sources.

29 May 03:35 DIGITIMES 8411283749723629444.html
Apple may postpone iPhone 12 launch to November due to coronavirus pandemic

The delay could be due to demand uncertainty owing to coronavirus pandemic

29 May 07:13 Business-Standard 1502508925945524109.html
Chassis specialist Ju Teng upbeats about 3Q20 orders

Chassis maker Ju Teng International expects the prevailing robust demand from the notebook sector to last into the third quarter of 2020, having experienced strong order pull-ins from clients in the second quarter.

29 May 07:21 DIGITIMES 8411283748679831029.html
Foxsemicon to enjoy revenue growth in 2020

Semiconductor equipment maker Foxsemicon Integrated Technology, an affiliate of the Foxconn Group, is expected to post on-year revenue growth in 2020, according to industry sources.

29 May 07:29 DIGITIMES 8411283748997841361.html
East Tender expects increasing 5G optical filter shipments in 2H20

Thin-film optical filter maker East Tender Optoelectronics has seen its shipments begin gaining momentum in the second quarter of 2020 and expects its revenues to grow quarter by quarter in the second half of the year.

29 May 08:13 DIGITIMES 8411283748264693665.html
Highlights of the day: Several IT enterprises to enjoy robust 2H20

Despite the impact from the coronavirus pandemic, several IT enterprises are still having good visibility for the second half of 2020 with Nanya expecting to continue picking up in the third quarter because of demand from remote work and online studying. Meanwhile, Mitac is enjoying an ongoing ramp-up of , which are likely to last into the second half. , despite US' new trade ban on Huawei, still expects its performance to continue rising for the latter half of the year.

29 May 08:38 DIGITIMES 8411283749792860855.html
Niti Aayog suggests slew of steps to make India’s exports competitive

29 May 00:00 7 articles

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

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

29 May 00:00 Moneycontrol 1603024964968119949.html
Smiley Monroe resumes production at reduced capacity

LISBURN manufacturer Smiley Munroe, which makes heavy-duty conveyor belts and custom-cut rubber parts, has resumed production at a reduced capacity after a two-month covid-enforced temporary closure.

29 May 01:00 The Irish News 993065286146990.html
Breaking: SC of The Bahamas to Implement Massive Regulatory Changes

The Securities Commission of The Bahamas is set to implement a range of new regulations, including leverage restrictions and banning binary options.

29 May 07:30 Finance Magnates 8992138266332190382.html
No need to feel threatened by e-commerce firms: Goyal tells traders

Lockdown 5.0: Union Commerce Minister also stated the Aatmanirbhar Bharat package that provided credit guarantee worth Rs 3 lakh crore for MSMEs also included traders

29 May 09:57 Business Today 1145527430690098165.html
Liberia embarks on a cost-reflective electricity pricing study

In efforts to attaining cost-reflective electricity pricing, the Liberia Electricity Regulatory Commission has begun a Cost of Service Study.

29 May 10:16 ESI-Africa.com 2679729878322978973.html
More stimulus package for MSMEs coming, says FG

The Federal Government will soon roll out additional stimulus packages for Micro Small and Medium Enterprises (MSMEs) across the country....

29 May 21:10 Latest Nigeria News, Nigerian Newspapers, Politics 2658445901060881208.html
Niti Aayog suggests slew of steps to make India’s exports competitive

The measures include establishment of a national trade network (NTN), improving information flow and making customs processes and IT systems more efficient.

29 May 23:00 The Financial Express 1288289581532546775.html
Saudi Arabia moved US$40 billion in reserves to sovereign fund

29 May 00:00 7 articles

Saudi Arabia says it provided $40 billion to PIF from foreign reserves

Saudi Arabia says it provided $40 billion to PIF from foreign reserves

29 May 00:00 Investing.com 5710361975473836785.html
World Bank suggests possible extra replenishment of IDA lending arm

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

29 May 01:00 Malaymail 302165936101828955.html
FDI inflows surge 18% in 2019-20 to record $74 billion

India Business News: India’s FDI inflows, including reinvested earnings, rose 18% to a record $73.5 billion during 2019-20, buoyed by a spurt in inflows into computer hard

29 May 02:00 The Times of India 6060938663426073075.html
Group faults removal of Mohammed as TCN MD

Nigerian Power Consumers Forum (NPCF) has faulted the removal of Mr Usman Gur Mohammed as the Managing Director, Transmis

29 May 02:57 Vanguard News 4125100339546295899.html
Wall Street has billions to lose in China from rising strain

Five big US banks had a combined $70.8 billion of exposure to China in 2019.

29 May 05:09 Moneyweb 1092550947288317993.html
BI sees rupiah strengthening to pre-pandemic level as it intervenes in market

BI has injected an additional Rp 167.6 trillion (US$11.33 billion) this month to stabilize the financial system.

29 May 08:53 The Jakarta Post 7678601104198145658.html
Saudi Arabia moved US$40 billion in reserves to sovereign fund

The move comes as the world’s largest crude exporter faces exceptional fiscal pressure from a crash in global oil markets.

29 May 21:47 BNN 3833521689627673867.html
Eurozone Preliminary CPI misses estimates with 0.1% YoY in May, EUR/USD keeps highs

29 May 06:05 7 articles

German Retail Sales drop 5.3% MoM in April vs. -12% expected, EUR/USD keeps 1.11

more to come ...

29 May 06:05 FXStreet 4480975639797043188.html
When are the Eurozone Preliminary CPIs and how could they affect EUR/USD?

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

29 May 07:54 FXStreet 4480975638324508177.html
Eurozone Preliminary CPI misses estimates with 0.1% YoY in May, EUR/USD keeps highs

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

29 May 09:01 FXStreet 4480975639429091679.html
Eurozone inflation slumps to 0.1pc in May

BRUSSELS, May 29 — Inflation in the eurozone single currency area dropped to 0.1 per cent in May from 0.3 per cent in April, the official Eurostat agency said today. The drop in prices comes as Europe entered its sharpest recession in EU history because of the lockdowns brought on by the Covid-19...

29 May 09:26 Malaymail 302165934982760438.html
Euro zone flash inflation at four-year low in May

Consumer prices in the 19 countries sharing the euro declined by 0.1% in month of May

29 May 09:29 The Irish Times 8204772967474581304.html
April Core PCE, Personal Spending and Income Preview: All falling in tandem

Core PCE price index to fall 0.3% in April while Personal Income and Spending are expected to plunge to a six-decade low. Instead of elucidating an un

29 May 10:18 FXStreet 4480975638697997026.html
Chicago Purchasing Managers Index Tumbles To 38-Year Low

The widely watched Chicago Purchasing Managers Index fell to 32.3 in May, hitting its lowest level since the recession year of 1982.

29 May 22:47 PYMNTS.com 7357138826717892493.html
Rural income is likely to shore up in coming months; Nestle’s Suresh Narayanan explains why

29 May 00:30 7 articles

Home in on that house

If you thought the 2% cut in stamp duty was a good thing, wait a while.

29 May 00:30 Bangalore Mirror 4632149709769423375.html
Best of BS Opinion: Diversity in boardrooms, earnings drought, and more

Here is a summary of Business Standard opinion pieces for the day

29 May 01:00 Business-Standard 1502508924733654160.html
Costa Group CEO Harry Debney to bow out

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

29 May 02:34 Australian Financial Review 3974284487429636303.html
Coronavirus impact: Govt needs to act before COVID-19 slaughters the Rs 1 lakh crore Indian poultry industry

Poultry industry supports over 25 million farmers and employs over five million directly and indirectly in allied fields

29 May 05:24 Business Today 1145527430944449471.html
Hotels report 82% drop in occupancy; recovery unlikely before September

The other key parameter ADR (average daily rate) has come down sharply as well. For instance, the average room rate for a branded hotel in April was Rs 4,113 per night, which was 27 per cent lower than the ADR in the same month last year

29 May 14:08 Business Today 1145527432693173906.html
Rural income is likely to shore up in coming months; Nestle’s Suresh Narayanan explains why

While declining rural incomes have caused much woes to India’s FMCG sector, the same is expected to shore up in the coming months thanks to various factors such as good monsoon.

29 May 17:48 The Financial Express 1288289580000353334.html
Retail sector braces for more pain as PAS Group collapses

Retailers will need to pull out all the stops to survive the looming recession after another major Australian business succumbs to the coronavirus.

29 May 22:05 The New Daily 5848147786178208069.html
What does Tesla slashing car prices really mean for the company?

29 May 00:00 7 articles

StockBeat: Smelling the Coffee in Times of Coronavirus

StockBeat: Smelling the Coffee in Times of Coronavirus

29 May 00:00 Investing.com 5710361976281796362.html
Tesla performance opens door to Elon Musk payday

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

29 May 01:27 Malaymail 302165934806915206.html
Tesla performance opens door to Elon Musk payday

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

29 May 08:08 Tech Xplore 4945708899180989357.html
Elon Musk gets a $770 million award as Tesla hits goals

He can't sell the shares yet, though.

29 May 09:49 Mashable 5336625363835630186.html
What does Tesla slashing car prices really mean for the company?

Sales of all autos, generally, tanked in the last two months

29 May 12:00 The Verge 1337119304284393611.html
Tesla Model 3 = Top Selling Car in California

In somewhat of a surprise, for the first time ever, the Tesla Model 3 was the top selling vehicle in California last quarter. (Yes, there's a lot of irony there given the recent controversy between Tesla/Elon Musk and California, especially Alameda County.) The Model 3 is often in the top 5 in California, but decades-long leaders

29 May 17:00 CleanTechnica 1065744423134643159.html
Spirit Aerosystems Holdings: Strong Enough To Challenge This Crisis

Spirit AeroSystems Holdings, Inc. has built up a strong cash position to challenge the current crisis. Spirit and its customers - Boeing and Airbus have exclusi

29 May 22:00 Seeking Alpha 5725634556600265688.html
Post-Pandemic Music Industry Predictions: The Consolidation Of Power

29 May 00:00 7 articles

Post-Pandemic Music Industry Predictions: The Consolidation Of Power

The music industry has been slowly consolidating for years, and the pandemic may accelerate this trend. Major financial transactions around mergers, acquisitions and institutional interest estimate the industry value doubling in a decade, but how will this impact festivals, startups and artists?

29 May 00:00 Forbes 6028587530989500516.html
TerrAscend Emerging As This Year’s Breakout Star Among Cannabis Operators

TerrAscend’s latest performance reinforces analyst projections that this could be a watershed year for the company, which has spent the last year aggressively expanding its U.S. operations.

29 May 00:00 Forbes 6028587531891574323.html
Wide-Moat Stocks On Sale - The June 2020 Heat Map

Our 3-step process focuses on wide-moat stocks (as per Morningstar’s rating). We are only interested in those targets that are attractively valued in historical

29 May 00:40 Seeking Alpha 5725634557023485648.html
[Newsmaker] BTS label Big Hit gears for IPO

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

29 May 04:55 Koreaherald 8029273603203044470.html
European coffee giant brews a strong IPO

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

29 May 05:53 Gulf News 2086521544181435112.html
Starling Bank raises £40 million as SME banking business picks up

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

29 May 09:05 Finextra 6000504749475274762.html
Visa Stock Is the Best Payments Powerhouse for Your Portfolio

Visa stock is beating the market in 2020; its ability to adapt and even thrive amid chaos proves long-term viability.

29 May 17:17 InvestorPlace 24614509496439379.html
Buhari seeks Senate’s approval for $5.513b external loan

29 May 04:11 7 articles

DMO faults Reps, says lawmakers approved $3.18bn Chinese loans

Ihuoma Chiedozie, Abuja The Debt Management Office has said all the loans collected by the Federal Government from China, which are being scrutinised by the House of Representatives, were approved...

29 May 04:11 Punch Newspapers 3524240995412558322.html
Access Bank plans more loans for health care - The Nation Nigeria

Access Bank Plc is set to disburse loans through the Central Bank of Nigeria (CBN) credit support scheme to boost the pharmaceutical and healthcare...

29 May 06:17 Latest Nigeria News, Nigerian Newspapers, Politics 2658445900604553237.html
Buhari seeks Senate’s approval for $5.513b external loan

The Federal Government also intends to borrow Euro 995million from the Export-Import Bank of Brazil to support Green imperative and enhance the....

29 May 07:10 Latest Nigeria News, Nigerian Newspapers, Politics 2658445900548703221.html
Mthuli Ncube in catch-22 situation

THE provision of subsidies to small-scale gold miners in defiance of advice from the International Monetary Fund (IMF) has left the government in a quandary ami...

29 May 08:33 Bulawayo24 News 5565663540108077598.html
No decision taken on setting up bad bank: FinMin official

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

29 May 19:37 The Financial Express 1288289580248887207.html
No decision taken on setting up bad bank: Finance Minister official

The finance ministry on Friday said there is no decision taken on the proposal of setting up of a government-sponsored bad bank to help ease pressure on lenders with regard to non-performing assets

29 May 21:05 Deccan Herald 2027555797028310212.html
No nation has veto power over AfDB, African leaders back Adesina

Former African leaders have thrown their weight behind the embattled President of the African Development Bank, AfDB, Dr. Akinwumi Adesina.

29 May 22:19 Vanguard News 4125100339643166614.html
European stocks fall on rising U.S.-China tensions

29 May 00:00 7 articles

Stocks - Europe Lower; Caution Reigns Over Hong Kong

Stocks - Europe Lower; Caution Reigns Over Hong Kong

29 May 00:00 Investing.com 5710361974610176354.html
Trump Action Aside, China Crop-Buying Goal Is Becoming Untenable

Trump Action Aside, China Crop-Buying Goal Is Becoming Untenable

29 May 00:00 Investing.com 5710361976466376122.html
Seoul stocks open lower on Wall Street losses

South Korean stocks opened lower Friday, tracking overnight losses on Wall Street amid rising Sino-American tensions over China's passing of a new national security law on Hong Kong. The benchmark Korea Composite Stock Price Index (KOSPI) retreated 10.80 points, or 0.53 percent, to 2,017.74 in the first 15 minutes of trading. The fall was largely attributed to the latest development in the Sino-American dispute on ...

29 May 00:31 Koreaherald 8029273603393113138.html
FTSE 100 up as AstraZeneca, GSK climb on vaccine hopes

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

29 May 00:53 Malaymail 302165935064215782.html
Tokyo stocks open lower on US-China tension

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

29 May 02:37 Malaymail 302165934725030731.html
Asian stock markets: Mildly offered, ASX 200 drops 0.75% ahead of China news

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

29 May 05:13 FXStreet 4480975639133739045.html
European stocks fall on rising U.S.-China tensions

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

29 May 08:10 MarketWatch 8975941549186919483.html
Give us too the benefit of credit guarantee scheme: urban co-op banks to FM

29 May 07:32 6 articles

Uganda Bankers Association elects a new Chairman

Members of Uganda Bankers Association (UBA) have elected Mathias Katamba, as the new Chairman taking over from Patrick Mweheire who served for two years (2018 & 2019). Katamba is the Chief Executive Officer of dfcu Bank Uganda. Also elected on the executive committee of UBA is Sarah Arapta, Citibank CEO as Vice-Chair, Varghese Thambi, CEO Diamond Trust Bank as Treasurer,  Sam Ntulume, CEO NC Bank as Auditor, Albert Saltson, CEO Standard Chartered Bank, Committee Member and Veronica Namagembe, CEO Pride Microfinance (MDI), also a Committee Member. The new leadership assumes responsibility at a time when the industry has registered significant improvements in the areas of profitability, credit extension, channels and growth in assets over the past year 2019. Outgoing  Chairman Patrick Mweheire said that in 2019, two financial institutions namely Opportunity Bank and Afriland Bank were issued with commercial banking licenses bringing the total number of tier I banks to 26.

29 May 07:32 EABW Digital 2826305999637941338.html
Give us too the benefit of credit guarantee scheme: urban co-op banks to FM

UCBs are financially sound and are a key funding source for MSMEs, says petition

29 May 09:05 BusinessLine 5283601327982934.html
We need to plan for the next round of NPAs

The RBI should draw up guidelines on rolling back rules on moratorium and NPA classification. Banks and NBFCs need financing so they are not held in suspension over debt servicing

29 May 10:19 BusinessLine 5283601533274248.html
Urban co-operative banks seek guarantee cover for their MSME borrowers

UCBs' outstanding loans to MSMEs amount to Rs 82,000 crore

29 May 12:11 Business-Standard 1502508925163153227.html
Economy needs support from PSBs: Union Bank chief

Speaking at a webinar session organised by the BCCI, Rai said that there will be a shift of credit growth in favour of the PSBs, adding that depositors will expect an interest rate of 5.5 per cent.

29 May 15:17 The Financial Express 1288289581102605242.html
Credit flow: Rs 4L crore reverse repo funds sanctioned as loans

RBI data show banks have parked Rs 6.3 lakh crore under the reverse repo route.

29 May 23:20 The Financial Express 1288289579624196921.html
Magic Leap CEO to step down

29 May 00:13 6 articles

Magic Leap CEO Rony Abovitz is stepping down

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

29 May 00:13 VentureBeat 6273363635766121234.html
Magic Leap CEO Rony Abovitz to step down

Magic Leap is not yet naming a replacement.

29 May 00:37 The Verge 1337119304655269320.html
Rony Abovitz confirms Magic Leap's new funding, will step down as CEO

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

29 May 02:35 Engadget 96641516207419634.html
Magic Leap CEO Rony Abovitz to Step Down After Company Fails to Deliver

Magic Leap CEO resignation comes weeks after company lays of 1,000 employees and warns of closure without capital injection.

29 May 04:43 Wccftech 3677959679238202094.html
Salesforce CEO Benioff: 'In a moment of crisis, you need to invest through it' | ZDNet

Work.com is an example of investing in a downturn and now Salesforce.com aims to broaden its reach as a digital transformation engine.

29 May 10:00 ZDNet 591556593272245306.html
Magic Leap CEO to step down

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

29 May 11:30 Mobile World Live 2109488009882265867.html
FDI inflows from Cayman Islands into India triples in FY20

29 May 00:00 6 articles

Singapore top source of FDI in FY20 with investments worth $14.67 billion

According to experts, Singapore has been able to outpace Mauritius with its ease of doing business policies, simplified tax regime and a large number of private investors.

29 May 00:00 Moneycontrol 1603024963589265816.html
FDI inflows from Cayman Islands into India triples in FY20

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

29 May 03:26 Livemint 6614605818762123690.html
FDI into India increased 18 per cent to $73 billion in 2019-20

This will spur job creation, says Union Minister Piyush Goyal

29 May 04:08 BusinessLine 5283600588226900.html
Total FDI exceed $ 4180 million in nearly eight months: MIC

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

29 May 04:30 Eleven Media Group Co., Ltd 2672168647251391632.html
Singapore top FDI source for India in FY20 with $14.67 bn in investments

In the past two financial years, FDI from Singapore has surpassed that from Mauritius

29 May 11:58 Business-Standard 1502508925130754158.html
Singapore top source of FDI in FY20 with investments worth $14.67 billion

In the last financial year, India attracted USD 14.67 billion in FDI from Singapore, whereas it was USD 8.24 billion from Mauritius, according to the data of the Department for Promotion of Industry and Internal Trade (DPIIT).

29 May 17:29 The Financial Express 1288289579602325579.html
Yes Bank Scam: Over 100 firms that ‘diverted’ money, Rs 87-crore gift to wife under ED lens

29 May 00:30 6 articles

Yes Bank Scam: Over 100 firms that ‘diverted’ money, Rs 87-crore gift to wife under ED lens

The Enforcement Directorate (ED) is poring over the books of more than 100 companies owned/controlled/managed by the founder of the troubled Yes Bank, Rana Kapoor, and his family members.

29 May 00:30 Mumbai Mirror 1209961193151420970.html
Madras High Court issues notices to Franklin Templeton Mutual Fund, SEBI: Investors group

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

29 May 08:15 Firstpost 4760741712337206522.html
Madras high court issues notices to Franklin Templeton MF, Sebi: Investors Group

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

29 May 10:33 The Times of India 6060938664018412824.html
Sebi seeks time to file counter in High Court on PIL against Franklin MF

The PIL had been filed by an investor protection society in response to the abrupt winding up six debt schemes worth Rs 28,000 crore of assets under management by the fund house

29 May 12:23 Business-Standard 1502508924569181185.html
Madras High Court issues notices to Franklin Templeton MF, Sebi: Investors Group

It further said mutual funds and the fund managers should be made to answer questions on their choice of investment, and compliance with regulatory and prudential norms, among others.

29 May 13:22 The Financial Express 1288289579541332474.html
ED attaches Rs 385 crore assets of Agusta middleman Rajiv Saxena

The Enforcement Directorate on Friday said it has attached assets, including five Swiss bank accounts, worth Rs 385.44 crore of Rajiv Saxena, a middleman in the AgustaWestland VVIP choppers money

29 May 19:19 Deccan Herald 2027555796061206854.html
Three Ways Technology Can Help Save Retailers

29 May 00:00 6 articles

COVID-19 impact | Blackberrys to align physical stores with digital capabilities

Premium menswear brand Blackberrys is gearing up to restart its business after the COVID-19-led disruption.

29 May 00:00 Moneycontrol 1603024963559203586.html
Three Ways Technology Can Help Save Retailers

With retail sales plunging, customer experience is more important. Learn how AR, geospatial, and other technologies can help retailers stay close to customers and encourage brand loyalty.

29 May 00:00 Forbes 6028587531594747121.html
Big food brands sidestep retailers in pandemic

Kraft Heinz and PepsiCo become latest groups to sell online, but can direct delivery take off?

29 May 04:00 Ft 707176888924606212.html
Okta, Inc. (OKTA) CEO Todd McKinnon on Q1 2021 Results - Earnings Call Transcript

Okta, Inc. (NASDAQ:OKTA) Q1 2021 Earnings Conference Call May 28, 2020 05:00 PM ET Company Participants David Gennarelli - Head of Investor Relations Todd McKin

29 May 04:02 Seeking Alpha 5725634556401971544.html
Toyota now offers fully online car buying service

Buyers can build and pay for a new car online, even arranging a finance package.

29 May 10:18 Express & Star 7324224460399518969.html
Has online grocery shopping peaked?

Americans, it turns out, would rather visit a store than buy food online.

29 May 22:02 Moneyweb 1092550946757091899.html
Google may pick 5% stake in Vodafone Idea

29 May 01:43 6 articles

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

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

29 May 01:43 The Financial Express 1288289580577872428.html
Paytm Mall in talks for Grofers stake as SoftBank pushes for consolidation

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

29 May 01:53 The Economic Times 7653256037664384937.html
Voda Idea jumps 35% on reports Google eyeing 5% stake in telco

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

29 May 04:22 The Economic Times 7653256038275645702.html
Vodafone Idea shares up by 30% amid reports of Google investment

29 May 08:01 Free Press Journal 9080771788353054062.html
Google may pick 5% stake in Vodafone Idea

Google is considering acquiring a stake in Vodafone Group Plc’s struggling Indian business, the Financial Times reported, joining Facebook in investing in the world’s fastest-growing mobile arena. Google may take a stake of about 5% in Vodafone Idea, though the deliberations are at a very early stage, the FT cited people familiar with the matter as saying.

29 May 08:22 Deccan Herald 2027555797023268434.html
Vodafone-Idea share price jumps 15%, Google mulls 5% stake buy in cash-strapped telco

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

29 May 10:08 The Financial Express 1288289579567506377.html
Elon Musk earns £625 million payday after Tesla hits targets

29 May 00:00 6 articles

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

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

29 May 00:00 Telangana Today 8182025567193251438.html
Elon Musk earns £625 million payday after Tesla hits targets

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

29 May 00:54 independent 5894610845454184621.html
Elon Musk earns £625 million payday after Tesla hits targets

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

29 May 00:56 Shropshire Star 3480199992503458194.html
Elon Musk earns £625 million payday after Tesla hits targets

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

29 May 00:56 ITV News 2184971256543520551.html
Elon Musk earns £625 million payday after Tesla hits targets

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

29 May 00:57 Express & Star 7324224460049635730.html
Elon Musk earns £625 million payday after Tesla hits targets

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

29 May 00:58 Jersey Evening Post 6141642774585039250.html
Japan April factory output falls 9.1% month/month - government

29 May 00:26 5 articles

Pandemic's hit to Japan's factory, retail sectors deeper than expected

TOKYO — Japan’s April factory output fell at a much faster-than-expected pace and retail sales tumbled the most in more than two decades as a coronavirus-triggered state of emergency dealt a heavy blow to the economy.

29 May 00:26 Financial Post 2379081492469320513.html
Last time the Japanese government described industrial production as decreasing rapidly was in November 2008

Following a slew of Japanese data today, a Japnese govt official has stated that the last time the Japanese govt described industrial production as de

29 May 00:41 FXStreet 4480975639184367266.html
Japan April factory output falls 9.1% month/month - government

TOKYO (Reuters) - Japan's factory output fell 9.1% in April, government data showed on Friday, compared with a median market forecast for a 5.1% drop. Manufacturers surveyed by the Ministry of Economy, Trade and Industry expect output to shrink 4.1% in May and rise 3.9% in June, the data showed.

29 May 01:35 Firstpost 4760741712838724297.html
Pandemic hit to Japan's factory, retail sectors deeper than expected; jobless rate up to 2.6%

Japan's April factory output fell at a much faster-than-expected pace and retail sales tumbled the most in more than two decades as a coronavirus-triggered state of emergency dealt a heavy blow to the economy. Global activity ground to a halt in April as government-imposed lockdowns due to the pandemic disrupted…

29 May 07:01 Japan Today 8582716285833130696.html
Japan factory output and retail sales slump as pandemic hits autos

Official data Friday showed factory output slipped 9.1 percent in April from the previous month.

29 May 08:26 The Japan Times 6673764366982786695.html
Explainer: How important is Hong Kong to China as a free finance hub?

29 May 03:13 5 articles

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

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

29 May 03:13 MarketWatch 8975941548969900549.html
How important is Hong Kong to China as a free finance hub?

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

29 May 08:15 The Economic Times 7653256037791915878.html
Explainer: How important is Hong Kong to China as a free finance hub?

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

29 May 08:32 Reuters 8334514179850264376.html
Battle for Hong Kong Is Shifting to City’s Financial Markets

The struggle to maintain confidence in Hong Kong’s future is manifesting in its stock and currency markets.

29 May 08:36 Bloomberg.com 4032480122169782439.html
Explainer: How important is Hong Kong to China as a free finance hub?

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

29 May 08:53 Business-Standard 1502508926679069074.html
J.C. Penney Stock Is Only Awesome if You Love Burning Money

29 May 04:22 5 articles

Golar LNG's (GLNG) CEO Iain Ross on Q1 2020 Results - Earnings Call Transcript

Golar LNG Limited (NASDAQ:GLNG) Q1 2020 Earnings Conference Call May 28, 2020 10:00 AM ET Company Participants Iain Ross – Chief Executive Officer Callum Mitche

29 May 04:22 Seeking Alpha 5725634556586144873.html
J.C. Penney Stock Is Only Awesome if You Love Burning Money

With J.C. Penney’s bankruptcy, JCP stock may appeal to risk-tolerant speculators. But if you can’t afford burning money, stay away!

29 May 13:54 InvestorPlace 24614510759502235.html
There’s Still Time to Buy the Disney Stock Dip

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

29 May 18:49 InvestorPlace 24614509182745728.html
Here Is Why The S&P 500 Could Be Headed For 3,700

Very few authors on this site have been as outspoken about a market rebound than I have. I have written eight very bullish articles since March 18th. Every one

29 May 22:35 Seeking Alpha 5725634557799163264.html
This Isn't A Brag, Making Money Today Was Too Easy

The pain trade is going in the direction that is the hardest which is usually where the alpha is. Today, almost every tech name I was watching was nicely in the

29 May 22:58 Seeking Alpha 5725634556545064624.html
US offers $3M for 5G spectrum sharing research

29 May 01:09 5 articles

STSP-based Visionatics expands from AOI to biotech imaging, overcoming industry challenges

The biotechnology sector is seeing a surge of smart solutions that incorporate information communication technology (ICT) advances to enable biomedical devices to deliver higher precision. This has become a key development trend for the healthcare industry. Having long dedicated to ICT and biotech developments, Taiwan is among the world's leading nations for innovation and technology. If Taiwan can combine its strength in ICT and biotech, it will be able to create unique industry advantages. In view of this, the Taiwan government has been activ...

29 May 01:09 DIGITIMES 8411283749541538269.html
EOS completes acquisition of Audacy

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

29 May 03:34 SpaceNews 7631243598954084389.html
Watch | Huawei webinar showcases transformation within innovation

Promoted | Here is an in-depth look at how Huawei’s research and development is reshaping how organisations and individuals connect.

29 May 04:00 TechCentral 724913818842625914.html
US offers $3M for 5G spectrum sharing research

The US Department of Defense granted mobile technology researchers $2.7 million to fund the launch ...

29 May 09:16 Mobile World Live 2109488011493261710.html
GSMA, O-RAN Alliance join-up as operators tipped to jump on tech

The GSMA and O-RAN Alliance became the latest organisations to announce joint efforts to help ...

29 May 11:31 Mobile World Live 2109488010684858972.html
KfW completes multi-year deployment of FIS Ambit Focus

29 May 00:00 5 articles

KfW completes multi-year deployment of FIS Ambit Focus

German state-owned development bank KfW has completed a multi-year implementation project with FIS.

29 May 00:00 FinTech Futures 6822881036126377732.html
Banking’s long divorce process

Banking, like any other business, is about two things: products and customers. So, it is no surprise that every incumbent core banking vendor manages these two aspects in their platforms. Although each has their own lifecycle, it is the product lifecycle that vendors focus hardest on.

29 May 00:00 FinTech Futures 6822881036393585343.html
Bank of Cyprus goes live on HPS PowerCard system

Bank of Cyprus, the largest banking and financial services group in its home country, has completed a migration to HPS’s PowerCard solution.

29 May 00:00 FinTech Futures 6822881035308809869.html
Long Odds: China's bet on REITs draws skeptics

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

29 May 00:03 Financial Post 2379081491694723540.html
Lithuania’s Central Bank to Fully Deploy its Blockchain Platform By Year-End

The Bank of Lithuania announced that it had completed the research phase of its blockchain project called LBChain.

29 May 16:00 Bitcoinist.com 1696346936379453582.html
NNPC plans $10 crude production cost - Latest Nigeria News, Nigerian Newspapers, Politics

29 May 04:01 5 articles

Govt may keep petroleum prices unchanged

Move aimed at shield­ing oil indust­ry from hefty losses­

29 May 04:01 The Express Tribune 1105816787911415648.html
Price crash: NNPC targets $10 oil production cost

’Femi Asu The Nigerian National Petroleum Corporation has said it is looking to drive down the cost of producing a barrel of crude oil to $10 and below in oilfields across the country. The Group ...

29 May 04:10 Punch Newspapers 3524240995965550370.html
Seplat targets more acquisitions as shareholders get $59m dividends

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

29 May 05:59 Latest Nigeria News, Nigerian Newspapers, Politics 2658445900555741483.html
ANALYSIS: How 12 years of unethical practices stunted growth of Nigeria’s solid minerals sector

The Nigerian mining sector is bedevilled by a number of problems, chief among which are shady practices that have been identified by NEITI audit reports.

29 May 09:35 Premium Times Nigeria 5456729299564271836.html
NNPC plans $10 crude production cost - Latest Nigeria News, Nigerian Newspapers, Politics

The Nigerian National Petroleum Corporation (NNPC) has commenced plans to crash oil production cost to $10 per barrel.....

29 May 20:51 Latest Nigeria News, Nigerian Newspapers, Politics 2658445901426727791.html
RBI fines Karnataka Bank

29 May 01:45 5 articles

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

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

29 May 01:45 The Financial Express 1288289581225942282.html
RBI fines Karnataka Bank

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

29 May 09:12 BusinessLine 5283602026889816.html
RBI slaps penalty worth crores of rupees on three banks, including one PSU and one cooperative bank

The Reserve Bank of India has slapped a penalty amounting to a total of Rs 6.50 crore on Bank of India, Karnataka Bank, and Saraswat Cooperative Bank.

29 May 14:55 The Financial Express 1288289580498418115.html
Citibank fined Rs 4 crores for non-compliance

The Reserve Bank of India, on Friday, imposed a penalty of Rs 4 crore on Citibank for violation of remuneration norms and non-compliance regarding obtaining the declarations from customers.

29 May 22:27 Deccan Herald 2027555796592917625.html
RBI extends Rupee Co-op Bank licence by 3 months

In a statement issued by the bank, Sudhir Pandit, chairman, board of administrators, said that the bank has till date recovered Rs 258.11 crore and has registered an aggregate profit of Rs 53.19 crore during the last four years.

29 May 23:38 The Financial Express 1288289581462408327.html
Pick n Pay opens alcohol pre-orders online as it prepares for high demand from 1 June

29 May 00:00 5 articles

Pick n Pay opens alcohol pre-orders online as it prepares for high demand from 1 June

Pick n Pay customers can now pre-order liquor from its online shop and all orders will be delivered from 1 June 2020.

29 May 00:00 BusinessTech 2153596439434006537.html
UPS adds 'peak' surcharge amid coronavirus fueled delivery spike

United Parcel Service Inc on May 31 will slap surcharges on U.S. e-commerce companies that have flooded its delivery network with shipments of ...

29 May 05:40 CNA 5644198863183977059.html
UPS adds 'peak' surcharge amid coronavirus-fueled delivery spike

United Parcel Service Inc on May 31 will slap surcharges on U.S. e-commerce companies that have flooded its delivery network with shipments of ...

29 May 05:40 CNA 5644198863269458373.html
B&M garden and DIY sales soar during lockdown

Dozens of discount stores closed during the coronavirus crisis have now reopened

29 May 10:33 Wales Online 7686550517579302728.html
SkipTheDishes has seen an 89 percent jump in new restaurants during the COVID-19 pandemic

SkipTheDishes has revealed new data regarding how its business has been faring during the COVID-19 pandemic.

29 May 11:02 mobilesyrup 1267416331958219416.html
Forbes drops Kylie Jenner from billionaires list

29 May 00:00 5 articles

Inside Kylie Jenner’s Web Of Lies—And Why She’s No Longer A Billionaire

Earlier this year, Kylie Jenner sold half of her cosmetics company in one of the greatest celebrity cash-outs of all time. But the deal’s fine print reveals that she has been inflating the size and success of her business. For years.

29 May 00:00 Forbes 6028587530371953191.html
Kylie Jenner has been 'inflating' her business success and isn't a billionaire, Forbes says

You know what's less cool than a billion dollars? "Inflating" the success of your business for years, as Forbes claims Kylie Jenner has done. Forbes declared Jenner the youngest self-made billionaire ever last year, but it's now offering an update: actually, now she's not a billionaire at all, self-made or otherwise. The outlet on Friday concluded that Jenner's business is, it turns out, "significantly smaller, and less profitable, than the family has spent years leading the cosmetics industry and media outlets, including Forbes, to believe." The report describes how Jenner publicists showed Forbes tax returns demonstrating the unbelievable growth of her company, Kylie Cosmetics, and showing $307 million in revenue in 2016. The documents were apparently a little too unbelievable, in fact; the outlet describes the numbers the Jenners provided as "hard to believe" and writes that filings later showed there's "virtually no way" they were accurate. "If Kylie Cosmetics did $125 million in sales in 2018, how could…

29 May 16:25 The Week 149215356262917674.html
Forbes says Kylie Jenner is no longer a billionaire, claims she FORGED tax returns

Forbes says Kylie Jenner is not a billionaire - after originally naming her the youngest billionaire ever - claims she fabricated financial documents to support the false claim. On Friday, Forbes called out Kylie Jenner and

29 May 16:52 LailasNews.com 2090029850703061700.html
Kylie Jenner Is Not A Billionaire & Lied To Inflate Her Net Worth, Claims Forbes

Forbes Magazine has stripped Kylie Jenner of her title of “youngest self-made billionaire” after the outlet claims the Kylie Cosmetics founder

29 May 18:11 Celebrity Insider 265863475016069682.html
Forbes drops Kylie Jenner from billionaires list

Kylie Jenner isn't a billionaire after all, Forbes as it accused the reality TV star's family of "inflating the value of her cosmetics".

29 May 21:03 Vanguard News 4125100339084925661.html
India's eight core infrastructure sectors contract 38.1% in April

29 May 00:00 5 articles

Core sector output contracts by record 38.1 per cent in April

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

29 May 00:00 Telangana Today 8182025567251485591.html
India's eight core infrastructure sectors contract 38.1% in April

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

29 May 11:50 Business-Standard 1502508926199439752.html
Coronavirus impact: Output in eight core industries declines 38% in April

All eight core sectors reported massive decline in production during April, with coronavirus-mandated lockdowns in place. Cement and steel reported the biggest losses in output at 86 per cent and 83.9 per cent, respectively

29 May 11:54 Business Today 1145527431377329959.html
Core sector output contracts by record 38.1% in April

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

29 May 17:27 Deccan Herald 2027555796206884297.html
Fiscal deficit widens to 4.6% of GDP in FY20

This was the highest level of deficit for the Centre since FY13.

29 May 20:28 The Indian Express 2885715104448131542.html
Copper futures slide on weak demand

29 May 00:00 5 articles

Copper futures slide on weak demand

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

29 May 00:00 Moneycontrol 1603024965103970512.html
Zinc futures down on muted demand

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

29 May 00:00 Moneycontrol 1603024965018701632.html
Nickel futures slide on tepid demand

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

29 May 00:00 Moneycontrol 1603024964477642756.html
Silver rises on improved industrial demand outlook, rise in US-China tensions

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

29 May 00:00 Moneycontrol 1603024965026162659.html
Gold price today: Rs 46,995 per 10 gram; silver at Rs 47,905 per kg

Gold price today: The price of 22-carat gold is about Rs 45,600 in New Delhi per 10 gram while in Chennai, the price is at Rs 44,310

29 May 03:03 Business-Standard 1502508926250584164.html
ITC Hotels partners with Swiggy to offer dining experiences at home

29 May 00:00 4 articles

ITC Hotels partners with Swiggy to deliver food delicacies at customers' doorsteps

The move would enable ITC Hotels' customers to enjoy their pre-paid orders with 'no-contact' deliveries and have unique food experiences with local offerings from the regions at their home, said a joint statement.

29 May 00:00 Moneycontrol 1603024964705433630.html
ITC Hotels partners with Swiggy for home delivery

Home delivery service will be available for properties including ITC Maurya, ITC Royal Bengal, ITC Grand Chola, ITC Gardenia and ITC Windsor among others…

29 May 00:00 Business Traveller 900610880949140077.html
ITC Hotels partners with Swiggy to offer dining options to customers

ITC Hotels had tapped into the food and beverage take-away model across the country recently. The chain said the association with Swiggy is aimed at reaching a much larger customer base.

29 May 10:14 The Economic Times 7653256037065490280.html
ITC Hotels partners with Swiggy to offer dining experiences at home

ITC Hotels has implemented stringent measures and protocols, including mandatory temperature checks for all chefs and food and beverage associates

29 May 12:01 Business-Standard 1502508924902509273.html
China's Geely raises $836 million from share sale

29 May 00:00 4 articles

China's Geely raises $836 million from share sale

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

29 May 00:00 Moneycontrol 1603024964265036310.html
Volkswagen AG pumps 2 billion euros into China electric vehicle bet, buys stakes in 2 firms

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

29 May 04:44 The Economic Times 7653256037969454429.html
Volkswagen Ploughs Over $2 Billion Into the Chinese Electric Car Industry

On Friday, Volkswagen announced it would be investing $2.2 billion in two companies in the Chinese electric vehicle sector in a bid to push forward the "world's biggest market" towards the electrification of cars.

29 May 08:44 Interesting Engineering 7328942541279250305.html
VW spending $2.2B to expand in China's electric car market

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

29 May 13:03 CTVNews 2422791598231115851.html
Study: Social Security Recipients Could Face Benefit Cuts This Decade

29 May 10:06 4 articles

The 5 Biggest Social Security Lies You've Been Told

Myths and misconceptions surround the most-revered social program in the country.

29 May 10:06 The Motley Fool 2231313658812237160.html
Study: Social Security Recipients Could Face Benefit Cuts This Decade

COVID-19 could result in benefits being cut even sooner than you think.

29 May 16:02 The Motley Fool 2231313658537022390.html
Three-point checklist for getting maximum savings out of KiwiSaver

Three point checklist to get the best out of KiwiSaver.

29 May 19:21 Newshub 2131266986766665335.html
Can this couple support their autistic child throughout her life while hitting retirement goals?

They are also looking to accumulate enough savings and investments to allow them to retire comfortably in their early to mid 60s. Their retirement spending goal is $90,000 a year after tax

29 May 22:00 The Globe and Mail 68426411408576874.html
Should You Buy Hertz Stock Now?

29 May 00:00 4 articles

Stick or twist? Investors face coronavirus-induced property dilemma

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

29 May 00:00 Moneycontrol 1603024965131782534.html
Coronavirus crisis crippling debt-heavy Serta Simmons

The nation’s biggest mattress maker is in danger of becoming a coronavirus casualty this summer — and it’s the company’s private-equity owners that have made it vulnerable. Serta Simmons — a

29 May 01:51 New York Post 7654946768692718437.html
Should You Buy Hertz Stock Now?

Understanding Hertz's current scenario is important to avoid a huge investing mistake.

29 May 17:21 The Motley Fool 2231313658881503280.html
Don’t Miss the RCL Stock Rally

With a good deal of fear priced into RCL stock, investors should act before they miss the recovery of share prices.

29 May 19:50 InvestorPlace 24614510453145316.html
Asian buyers set to resume wheat purchases after 2-month hiatus-sources

29 May 00:00 4 articles

Mahangu to yield surplus

LOCAL mahangu production is expected to yield a surplus of 23 metric tonnes this year while white maize will fall short of meeting local demand for the next six months (including May), by 5 961

29 May 00:00 The Namibian 8837880577765757589.html
RPT-Asia Rice-India prices retreat from highs, Vietnam sees fresh offers

(Repeats story sent on May 28)* Vietnam sees higher demand from Cuba, Malaysia and Philippines* Fewer takers for expensive Thai rice variety* Bangladesh likely to miss output target for 'Boro' riceBy Nakul IyerBENGALURU, May 28 (Reuters) - Indian export rice prices retreated this week from a more than one-year peak that slowed demand, while Vietnamese rates held near a two-year high as countries battling the coronavirus pandemic sought to bolster stocks.

29 May 01:30 Successful Farming 8502642054799773442.html
Asian buyers set to resume wheat purchases after 2-month hiatus-sources

* Buyers led by Indonesia looking for Black Sea cargoes* Deals likely to be signed in early June for July-Aug shipmentBy Naveen ThukralSINGAPORE, May 29 (Reuters) - Asian grain buyers are ready to re-enter the market after a pause of about two months caused by the coronavirus lockdowns, seeking wheat from Black Sea suppliers, two trade sources said.Millers across the region, including the no. 2 global importer Indonesia, are looking for new-crop Black Sea wheat for July-August shipment.

29 May 06:08 Successful Farming 8502642054084040800.html
The Time For The Soybean Bull Market Has Not Come Yet

The current soybean futures price is at the minimum of its five-year range. The first USDA forecast allows us to hope that the U.S. soybean ending stocks will d

29 May 07:32 Seeking Alpha 5725634557958429161.html
Mah Sing’s Q1 net profit falls to RM30.07m

29 May 02:10 4 articles

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

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

29 May 02:10 Malaymail 302165934686315231.html
Bursa bucks regional trend on economic recovery plan news

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

29 May 10:21 Malaymail 302165935516733377.html
Hap Seng records higher earnings in Q1

KUALA LUMPUR, May 29 — Hap Seng Consolidated Bhd’s net profit rose to RM160.38 million in the first quarter ended March 31, 2020 (Q1) from RM157.98 million in the same period last year. Revenue for the quarter, however, declined to RM1.48 billion from RM1.75 billion previously due to lower...

29 May 10:27 Malaymail 302165934963765165.html
Mah Sing’s Q1 net profit falls to RM30.07m

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

29 May 11:03 Malaymail 302165935627733396.html
City Power warns of possible load rotation

29 May 02:55 4 articles

LGUs in action against COVID-19

Last March 16, the entire Luzon was placed on lockdown due to the growing number of cases of novel coronavirus disease (COVID-19) in the Philippines under the declaration of President Rodrigo Duterte. The enhanced community quarantine had barred millions of people staying in Luzon to travel outside the island—supposedly for just a month—for almost three months since it has been continuing to be extended due to the rising pandemic of the disease. Moreover, the lockdown has caused the temporary suspension of work and closure of non-essential businesses in the entire Luzon. These developments resulted in for most of the Filipinos to stop working and suffer from various disruptions—financial, livelihood, psychosocial, and even mental. But these have pushed and inspired some of the local government units to conduct their own initiatives to extend their help to its constituents in whatever they can.  In our generation, the coronavirus had brought as a lot of unexpected and tragic situations happening simultaneously…

29 May 02:55 manilastandard.net 4715274785814748781.html
Ireland stands to benefit in a big way from investing in public transport

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

29 May 04:02 The Irish Times 8204772967994610038.html
Carmageddon awaits unless work from home continues

With social distancing likely to be the norm over the next two years, the notion of sardine-packing residents into trains, buses and trams is obviously no longer viable if Australia is to contain outbreaks of COVID-19.

29 May 05:00 MacroBusiness 6890797929883751112.html
City Power warns of possible load rotation

On Thursday, Johannesburg's City Power announced that they may need to impose daily “load rotation” in some areas where electricity infrastructure is overloaded.

29 May 09:56 ESI-Africa.com 2679729877177405550.html
GBP/USD: Approaching the 1.2335 resistance – Commerzbank

29 May 07:27 4 articles

GBP/USD: Approaching the 1.2335 resistance – Commerzbank

GBP/USD is tightly confined within a converging range (1.2217-1.2335) but is pushing hard into the resistance at 1.2335, currently trading at 1.2330,

29 May 07:27 FXStreet 4480975639500789890.html
EUR/USD: The trend turns higher with resistance seen at 1.1145/66 and ultimately at 1.1369 – Credit Suisse

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

29 May 08:38 FXStreet 4480975638222877146.html
NZD/USD: Resistance at 0.6216/39 ideally contains the fresh move higher – Credit Suisse

NZD/USD stays capped for now by the ‘neckline’ to the 2015/2020 ‘triangle’ at 0.6216 and the 78.6% retracement of the February/March 2020 fall at 0.62

29 May 10:00 FXStreet 4480975638608189118.html
EUR/CHF: Base completed with next resistance at 1.0710/17 – Credit Suisse

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

29 May 11:23 FXStreet 4480975639322640223.html
Flight operations to return to pre-COVID-19 levels by Diwali: Hardeep Singh Puri

29 May 00:00 4 articles

Flight operations to return to pre-COVID-19 levels by Diwali: Hardeep Singh Puri

Domestic flight operations resumed in a staggered manner after a gap of two months on May 25.

29 May 00:00 Moneycontrol 1603024964918440600.html
Reviving Jet Airways: Long list of suitors surprises. But the big question remains

The list includes a few known, and some unknown names, and even an airline

29 May 00:00 Moneycontrol 1603024965256121163.html
Indian carriers in 'survival' mode, need sustainable revival: IATA CEO Alexandre de Juniac

Speaking at a webinar hosted by the aviation consultancy Centre for Asia Pacific Aviation (CAPA), de Juniac also forecast the air travel demand in India to drop by 47 percent and revenue by $11 billion this year over 2019 owing to the coronavirus pandemic.

29 May 00:00 Moneycontrol 1603024964001754735.html
Indian aviation sector in survival mode, needs viable revival: IATA CEO

He said it is particularly disappointing that the package of $123 billion in government financial aid that has been announced around the world, including $26 billion in the Asia Pacific region

29 May 18:14 Business-Standard 1502508926527120269.html
Wellness company to create 100 jobs with Cork City plant

29 May 02:10 4 articles

Big firms lend hands to COVID-19 fight

The world faces unprecedented challenges brought by the coronavirus disease (COVID-19) pandemic.  It has changed the way communities, governments and businesses function, underscoring the importance of healthcare and public-private sector collaboration to help all communities affected by the crisis, especially those most vulnerable.  Providing unwavering assistance to the Filipino community, some of the country’s largest companies have joined the fight against COVID-19 in various and equally crucial ways. SM Group  The SM group of companies has donated over P170 million for medical sup-plies for hospitals combatting COVID-19 nationwide. The donation includes personal protective equipment such as suits, face shields, gloves, N95 and sur-gical masks and goggles, among others.  It is also shifting its focus to digital channels in order to ensure the continuity of its programs. The group has various efforts in the education, agriculture and healthcare as well as partnerships with brands like Goldilocks and Uniqlo…

29 May 02:10 manilastandard.net 4715274784375683168.html
Wellness company to create 100 jobs with Cork City plant

Doterra’s European manufacturing HQ will be located in the northern suburbs of the city

29 May 06:34 The Irish Times 8204772967383249239.html
Lagos attracts US$250m investment for new industrial-residential development

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

29 May 09:46 The Guardian 7580308505604502434.html
South West Food Hub launches to help those feeding the nation

The initiative is supported by local organisations including the Heart of the South West LEP, the University of Exeter, Exeter City Futures, POM Support and the National Farmers' Union (NFU)

29 May 16:10 DevonLive 2469244512975711433.html
COMMENT: New forex retention ratio for gold miners should spur them on

29 May 00:05 4 articles

COMMENT: New forex retention ratio for gold miners should spur them on

The gold mining industry got what it had been calling for when on Tuesday, the Government increased the foreign currency portion the miners retain after selling the metal to Fidelity Printers and Refiners (FPR). Gold is the country’s top foreign currency earner but for years the hard currency earnings had not been cascading in satisfactory amounts down to those who really generate it. They had been complaining that much of the equipment they need to produce optimally is imported, thus has to be paid for in foreign currency which they didn’t have. It indeed was ironic that having worked so hard to produce the country’s biggest foreign currency earner, the miners didn’t have the foreign currency themselves. They had to queue for long periods for the cash at the Reserve Bank like everyone else, including those that don’t generate any hard currency. Often, the gold miners failed to get it. Their businesses suffered as a result. But their sustained lobby bore fruit on Tuesday. FPR increased the retention threshold…

29 May 00:05 Chronicle 6294247025382684555.html
Wooden furniture manufacturers face liquidity problems amid COVID-19 crisis - VietNamNet

Vietnam’s wooden furniture industry was expected to have a prosperous year in 2020 after the US-China trade war broke out in 2019. But hopes have been dashed by Covid-19.

29 May 05:00 VietNamNet 1879169834756806707.html
Covid-19’s Attempt To Snuff Out African Tobacco Is Going Up In Flames

At the end of March, South Africa had imposed the most severe and controversial lockdown in Africa. To add to its combating efforts against the coronavirus, the nation included a ban on the sale of alcohol and tobacco. The effects rang throughout Southern Africa, the unofficial capital of the continent’s tobacco business. In as much as Covid-19 presented a challenge for the industry, there is reason to believe that the later would be greater than the present. Developing Africa has become an attractive market for the tobacco industry due to its increases in its income, growing population size, foreign direct investment (FDI), and improved life expectancy. A Ban That Backfired South Africa plans to ease its nationwide lockdown as from June 1, allowing limited alcohol sales and the reopening of bars. But, the government does not show signs of lifting the ban on tobacco products like vapes and snus.

29 May 05:00 WeeTracker 6939661661755913118.html
Gold supply chain shows resilience amid Covid-19

The World Gold Council has published its latest market update, which suggests that the gold industry has shown satisfactory results,...Read More...

29 May 10:42 Mining Technology 639193375385271247.html
Wipro shares gain nearly 4% on Thierry Delaporte’s appointment as CEO, MD of company

29 May 04:51 4 articles

Wipro Shares Gain Over 2% On Appointment Of New CEO And Managing Director

Wipro shares gained more than 2 per cent on the BSE on the appointment of Capgemini executive Thierry Delaporte as new CEO and managing director.

29 May 04:51 NDTV.com 5090057682265371242.html
Wipro shares gain nearly 4% on Thierry Delaporte’s appointment as CEO, MD of company

Shares of Wipro on Friday jumped nearly 4 percent after the company announced the appointment of Capgemini Group veteran Thierry Delaporte as its Chief Executive Officer and Managing Director, effective 6 July, 2020

29 May 06:10 Firstpost 4760741713225168042.html
Wipro shares up by nearly 4%, after appointment announcement of Capgemini exec, Thierry Delaporte

29 May 06:42 Free Press Journal 9080771787338818279.html
Wipro share price gains nearly 6% after Thierry Delaporte named new CEO and MD

Wipro share price climbed 5.6% to the day's high of Rs 210.5 on the BSE against the last closing value of Rs 199.30. Volume-wise, 18.8 lakh and 162 lakh shares were trading on BSE and NSE counters, both above the 5, 10 and 30-day average

29 May 07:18 Business Today 1145527431060352636.html
Graham Conway appointed general manager of Select Car Leasing

29 May 00:00 4 articles

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

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

29 May 00:00 Moneycontrol 1603024965446487408.html
Graham Conway appointed general manager of Select Car Leasing

Select Car Leasing have announced that Graham Conway will be stepping into a new role at the company, as general manager.

29 May 00:00 FleetNews 632199014461734113.html
GWM India’s president and MD are James Yang and Parker Shi

Both James Yang and Parker Shi have ample experience in the auto industry which should help GWM establish its presence in India. Click to read more.

29 May 10:24 Autocar India 1039296990794629180.html
SaaS Moats And Key Factors, With Industry Veteran Justen Stepka (Podcast)

We continue to follow the software as a service sector and the impact of the work from home world, but this time with an outside perspective. Justen Stepka, a t

29 May 10:30 Seeking Alpha 5725634556359331659.html
Covid-19 crisis to trigger 20% fall in FDI

29 May 01:00 4 articles

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

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

29 May 01:00 The Irish News 993066134803055.html
Covid-19 crisis to trigger 20% fall in FDI

The State is now in eighth spot in a ranking of most attractive European locations for FDI

29 May 04:32 The Irish Times 8204772967858010592.html
Covid-19 crisis to cause FDI investment to the Republic to fall by 20% this year

The State is now in eighth spot in a ranking of most attractive European locations for FDI

29 May 04:32 The Irish Times 8204772968989439190.html
SPECIAL REPORT: BUHARINOMICS, FIVE YEARS AFTER: Diversification agenda falters, gropes for traction

THE Federal Government’s main economic strategy is anchored on diversification of the economic base away from oil dependency.

29 May 08:42 Vanguard News 4125100338952032424.html
Apple is now selling refurbished models of the iPhone XR for $499

29 May 07:18 3 articles

Apple is now selling refurbished models of the iPhone XR for $499

Two years after the initial launch, Apple has started selling refurbished models of the iPhone XR on its website. Price begins at $499 for the 64 GB variant and goes up to $639 for the 256 GB variant.

29 May 07:18 Neowin 8633418615083505133.html
Apple's iPhone XR now available refurbished from $499

Apple's iPhone XR is now available from Apple's refurbished store with savings of up to $120.

29 May 09:50 iMore 3803412791934547164.html
Apple now sells refurbished iPhone XRs

Starting at $499

29 May 10:15 The Verge 1337119303607152198.html
UK automotive production at lowest level since WW2, to cost industry $15B

29 May 00:00 3 articles

UK car production reaches lowest point since WW2

UK car production fell to its lowest level since the Second World War in April, down -99.7%, according to figures from the Society of Motor Manufacturers and Traders (SMMT).

29 May 00:00 FleetNews 632199012675296421.html
UPS Adds Peak Delivery Surcharge To Manage eCommerce Demand Amid Pandemic

UPS will charge an extra fee for companies shipping certain amounts of packages.

29 May 07:01 PYMNTS.com 7357138826575622443.html
UK automotive production at lowest level since WW2, to cost industry $15B

With auto factories closed due to coronavirus, it's clear that production was going to take a hit. Now we know just how big an impact it had in the UK.

29 May 07:34 The Next Web 3990801509976760384.html
Some sectors of Australian economy will need additional support - PM Morrison

29 May 00:00 3 articles

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

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

29 May 00:00 Investing.com 5710361974786331343.html
Frydenberg talks markets to US Treasury secretary

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

29 May 00:45 Australian Financial Review 3974284486973699993.html
Some sectors of Australian economy will need additional support - PM Morrison

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

29 May 05:02 Reuters 8334514181610855950.html
China's post-Covid 19 'techno-nationalist' industrial policy

29 May 05:10 3 articles

China's post-Covid 19 'techno-nationalist' industrial policy

While Covid-19 brings China one step closer to technology-perfected authoritarianism through improvised health apps and real-time surveillance, Europe is busy looking inward.

29 May 05:10 EUobserver 625925299392394143.html
Trade war, then tech war, and now capital war

The US is the dominant world power, and China the rising threat to it, for global hegemony. Under President Trump, the US felt it had, for long, endured a negative trade balance with China. So, it em

29 May 10:47 BusinessLine 5283600973013876.html
Malaysia 5.0 ― A National 4IR Policy ― Rais Hussin

MAY 30 ― “Between 400 million and 800 million individuals could be displaced by automation and need to find new jobs by 2030 around the world” ― McKinsey Global Institute Malaysia 5.0 outlines a problem-solving approach to society’s challenges and problems through the deployment and...

29 May 23:07 Malaymail 302165935087765244.html
Bitcoin PoS Is the New Coin to Revolutionize the Crypto World

29 May 00:00 3 articles

Bitcoin PoS Is the New Coin to Revolutionize the Crypto World

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

29 May 00:00 BTC Wires 8723770619248121202.html
Russia’s Largest Bank, Sberbank, Calls on Suppliers to Provide 4,917 ATMs that come with Graphic Cards to Perform “Blockchain Operations”

Russia’s largest banking institution, Sberbank, has reportedly called on local suppliers to provide 4,917 ATMs that come with built-in graphic cards that can

29 May 02:11 Crowdfund Insider 6834688072213710405.html
Bitcoin PoS Is the New Coin to Revolutionize the Crypto World

Investing in Bitcoin (BTC) is now expensive, and getting your own through mining is nearly impossible for the average person. However, a new opportunity can be found in Bitcoin PoS.

29 May 07:00 BTC Manager 8549607151840032140.html
Latin American open banking startup Belvo raises $10m

29 May 00:00 3 articles

Santander invests in Brazilian alternative lender a55

Santander InnoVentures, the Spanish banking group’s $200 million corporate venture fund, has invested an undisclosed sum in Latin American alternative small and medium-sized enterprise (SME) lender a55.

29 May 00:00 FinTech Futures 6822881036145386032.html
Latin American open banking startup Belvo raises $10m

Mexico City-based Belvo has raised $10 million from Founders Fund and Kaszek Ventures to grow its developer-first financial API platform across Latin America.

29 May 08:00 Finextra 6000504749572232637.html
How Coronavirus is Impacting Digital Payments in Emerging Markets

Emerging markets have been the scene for creative innovations in payments for the last decade, says Wirex CEO Pavel Matveev.

29 May 09:15 Computer Business Review 8072376451544064043.html
RBZ cuts Zipit transaction limits

29 May 00:00 3 articles

FNB fraud protection – Why your online payments get declined

FNB flags certain retailers as high-risk for online payments, as well as individual transactions.

29 May 00:00 MyBroadband 3036103789320614748.html
RBZ cuts Zipit transaction limits

THE Reserve Bank of Zimbabwe (RBZ)’s Financial Intelligence Unit (FIU) has directed all banks to review downwards Zipit transaction limits to ZWL$20 000 a day from ZWL$100 000 following abuse of the facility by illicit foreign currency dealers. In a statement yesterday the Apex bank unit said it has directed Zimswitch, which operates the Zipit platform to immediately implement the new position. “The FIU has noted that the existing Zipit transaction limits, which have no monthly cap are being misused, primarily for illicit foreign currency transactions. “The current Zipit limits of ZWL$100 000 per day allow a customer (subject to any bank-specific limits) to move about ZWL$3 million per month, using a single account and much more if he or she is multi-banked and/or uses third party accounts,” said the FIU. It said the above limits have been reached on account that “very few” individuals in the country earn over ZWL$100 000 a day.

29 May 00:05 Chronicle 6294247025779767930.html
SA’s plan to regulate cryptocurrency

Proposals aim to severely limit anonymous transactions in cyberspace.

29 May 10:30 Moneyweb 1092550947857038049.html
Bandi Sanjay writes to Sitharaman to relax loans interest for MSMEs

29 May 00:00 3 articles

Decision to open shops in malls soon after taking into account health ministry's guidelines

Issues of retail traders were discussed in a meeting between Commerce and Industry Minister Piyush Goyal on Thursday with representatives of traders associations through video conferencing.

29 May 00:00 Moneycontrol 1603024965187437479.html
Bandi Sanjay writes to Sitharaman to relax loans interest for MSMEs

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

29 May 00:00 Telangana Today 8182025568375867612.html
When will shops in malls open? Commerce Ministry clarifies after Piyush Goyal meets traders

Issues of retail traders were discussed in a meeting between Commerce and Industry Minister Piyush Goyal on Thursday with representatives of traders associations through video conferencing.

29 May 15:01 The Financial Express 1288289581394739034.html
SoftBank leads $500 million fundraising for Didi's self-driving unit

29 May 00:00 3 articles

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

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

29 May 00:00 Moneycontrol 1603024964729686871.html
SoftBank Leads $500 Million Funding for Didi Autonomous Unit

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

29 May 08:07 Bloomberg.com 4032480121128539441.html
SoftBank leads $500 million fundraising for Didi's self-driving unit

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

29 May 09:27 Reuters 8334514181194183925.html
Ford Puma Gets ST-Line Vignale Trim, Diesel, And Automatic

29 May 03:08 3 articles

Ford Puma Gets ST-Line Vignale Trim, Diesel, And Automatic

The new trim combines the best of both worlds - the sporty exterior appearance of the ST-Line with the plush cabin of the Vignale.

29 May 03:08 Motor1.com 1648269241832018516.html
GM Chinese Brand Wuling Launches New Electric Minivan

Originally published on EV Obsession. Wuling, a brand of General Motors, recently launched its first electric minivan. The Rong Guang EV, which is an electrified upgrade to the 2008 Rong Guang, will have two variants that will meet the needs of businesses and personal users. For businesses, the commercial version will have a sealed side and back

29 May 03:53 CleanTechnica 1065744424571616337.html
2021 Chevy Suburban Z71 Shows Off Unique Face, Off-Road Upgrades

New photos of the 2021 Chevy Suburban show off the off-road-oriented Z71 trim, which features a unique front fascia, and more.

29 May 13:49 Motor1.com 1648269240893192374.html
BC farms need workers

29 May 10:16 3 articles

New site is one-stop shop for B.C. workers, farmers, during pandemic

VICTORIA — The British Columbia government has created a new online resource to help the province's agricultural sector find workers during the COVID-19 pandemic. A statement from the Ministry of. . .

29 May 10:16 Times Colonist 7617512060830579620.html
BC farms need workers

The British Columbia government has created a new online resource to help the province's agricultural sector find workers during the COVID-19 pandemic.

29 May 10:41 Castanet 616068601448666705.html
Angus Kebbell talks to a Hurunui River dairy farmer and DOC's chief scientist about how land use changes brought by irrigation are changing the river catchment water quality

Angus Kebbell talks to a Hurunui River dairy farmer and DOC's chief scientist about how land use changes brought by irrigation are changing the river catchment water quality

29 May 22:30 interest.co.nz 6454226277491753694.html
Meerut Man Quits High-Paying MNC Job For Organic Farming, Trains 200+ Farmers

29 May 09:35 3 articles

Meerut Man Quits High-Paying MNC Job For Organic Farming, Trains 200+ Farmers

“The ultimate aim is to uphold the concept of organic food," says Ajay who has inspired many corporate employees to turn towards organic farming.

29 May 09:35 The Better India 450426085438950714.html
When every order is a seed: How to buy produce in advance and aid farmer rescue projects

Apples, honey and veterinary kits — how these social entrepreneurs are getting consumers involved in farmer rescue projects

29 May 09:53 The Hindu 6679535026286863788.html
Two-Mile-Borris' Blackcastle Farm sausages for Aldi from this Sunday

The amazing 1% fat  beef sausages will be on sale from this Sunday for a week as part of Aldi Grow project

29 May 11:35 TipperaryLive 1097599577306007310.html
As it ramps up public healthcare, India must give more room to private sector

29 May 04:04 3 articles

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

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

29 May 04:04 The Indian Express 2885715105676541687.html
Healthcare facilities see 80% fall in revenue: Survey

The Covid-19 pandemic has left the Indian private healthcare sector in acute financial distress, a new survey said on Friday adding that the healthcare facilities in the country have witnessed at least 80 per cent fall in average revenue.

29 May 11:42 Nagalandpost 3019528212496867830.html
COVID recovery taskforce wants border closure measures relaxed

The COVID-19 Economic Recovery Taskforce set up by the government is recommending a relaxation of border closure measures. The government banned incoming passenger travel in March. The taskforce says it wants to see the phased opening of...

29 May 17:03 The Gleaner 1215260529702145488.html
'This Is Very Bad': SAS, Norwegian Air Post Huge Losses Amid Flights Grounded by COVID-19

29 May 05:41 3 articles

'This Is Very Bad': SAS, Norwegian Air Post Huge Losses Amid Flights Grounded by COVID-19

The COVID-19 crisis has effectively stopped most international air traffic; Norwegian Air and SAS, Scandinavia's largest airlines, have been forced into bailout...

29 May 05:41 Sputniknews 967333867945995355.html
Germany, Brussels seal pact on Lufthansa rescue plan: sources

Germany and the European Commission have reached agreement on a giant Berlin-funded rescue plan for coronavirus-hit Lufthansa, a Commission spokeswoman and a source close to the negotiations said Friday.

29 May 22:00 Digital Journal 4566489172678428961.html
Germany, Brussels seal pact on Lufthansa rescue plan, say sources

FRANKFURT, May 30 ― Germany and the European Commission have reached a pact on a giant Berlin-funded rescue plan for coronavirus-hit Lufthansa, a Commission spokeswoman and a source close to the negotiations said yesterday. Since the pandemic hit Europe, the Lufthansa group ― which also...

29 May 23:18 Malaymail 302165936231619492.html
Covid-19 pandemic may create opportunities to deepen India’s engagement with Africa

29 May 00:00 3 articles

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

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

29 May 00:00 Sahara Reporters 4209699745140091782.html
Covid-19 pandemic may create opportunities to deepen India’s engagement with Africa

India could also create a new fund for Africa and adapt its grant-in-aid assistance to reflect the current priorities. This could include support for new investment projects by Indian entrepreneurs especially in the pharmaceutical and healthcare sectors in Africa.

29 May 04:19 The Indian Express 2885715104972119934.html
India needs help

Perhap­s India need to work on its old diseas­e of ‘bad choice of friend­s’ before it can get out of its nation­al crisis­

29 May 04:36 The Express Tribune 1105816787393048101.html
AMD Stock May Look Weak, but There’s Still Lots of Opportunity

29 May 08:42 3 articles

VIXM: Here's Why It Is Likely Going To Keep Dropping

VIXM has had a strong year due to the historic rally in the VIX. VIXM tracks the Mid-Term VIX Futures Index, which allows it to reduce roll yield at the cost of

29 May 08:42 Seeking Alpha 5725634557535708892.html
Decoding the Stock Market: The Vocabulary of Volatility

Here are some of the most important volatility concepts for investors to know.

29 May 11:03 The Motley Fool 2231313659254291134.html
AMD Stock May Look Weak, but There’s Still Lots of Opportunity

It’s had a great run and there’s now evidence of better things to come, but AMD stock investors need to respect a good defensive game first.

29 May 11:17 InvestorPlace 24614510158728124.html
Saving Main Street: How A Business School Is Helping Toronto SMB Retailers

29 May 05:00 3 articles

Virtual marketplace helps firms sell wares online

Businesses adapting to lockdown can now sell their products directly to customers online through a virtual marketplace.

29 May 05:00 Shropshire Star 3480199992753723148.html
QSR Orders Have Gone Digital And Fraudsters Want A Piece Of The Pie

Rich Stuppy of Kount talks about why quick-service restaurants that are going digital need to think about fraud prevention from the very start.

29 May 08:00 PYMNTS.com 7357138826294875857.html
Saving Main Street: How A Business School Is Helping Toronto SMB Retailers

Chris Carder of the Schulich School of Business discusses a program in Toronto that might provide a post-pandemic model for Main Street retailers in other cities.

29 May 08:01 PYMNTS.com 7357138826417354265.html
China-led AIIB approves $750-million loan for PH's virus response

29 May 00:00 3 articles

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

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

29 May 00:00 Modern Diplomacy 4563921198231860772.html
China-led AIIB approves $750-million loan for PH's virus response

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

29 May 06:15 Rappler 1882105641969820404.html
Ministry proposes $69m stimulus for fisheries, aquaculture

Minister Edhy Prabowo said the stimulus would include social aid for fishermen, fish farmers and salt farmers and funds to strengthen surveillance efforts against poaching.

29 May 09:33 The Jakarta Post 7678601104140907206.html
Samsung's global wearables shipments grew by 71% for the first quarter of 2020

29 May 00:00 3 articles

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

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

29 May 00:00 GSMArena 7227394116620722992.html
Samsung's global wearables shipments grew by 71% for the first quarter of 2020

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

29 May 00:00 Notebookcheck 6932799089577839579.html
Apple retains top spot in the wearables market in Q1

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

29 May 11:23 iMore 3803412792232054746.html
COVID-19 pandemic: US consumer spending tumble in April

29 May 00:00 3 articles

COVID-19 pandemic: US consumer spending tumble in April

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

29 May 00:00 Moneycontrol 1603024964495244188.html
Japan's jobless rate rises to 2.6% in April: Government

The seasonally adjusted unemployment rate was 2.6% in April, up from 2.5% in March, figures from the Ministry of Internal Affairs and Communications showed. The median forecast was 2.7%

29 May 00:00 Moneycontrol 1603024964179035019.html
2 startling graphs illustrate how nervous Americans are about the future of the economy

April was a month of historic increases and decreases due to the coronavirus outbreak. On Friday, the government reported that consumer spending in April plunged 13.6 percent from the month prior, which Bloomberg says is "the sharpest drop in Commerce Department records back to 1959." Meanwhile, the personal savings rate, which describes the amount of a person's disposable income that they are putting into savings, hit 33 percent in April, "by far the highest since the department started tracking in the 1960's, and [surpassing the] consumer savings during the Global Financial Crisis," CNBC reports. The personal savings rate hit a historic 33% in April, the BEA said Friday. This rate — how much people save as a percentage of their disposable income — is by far the highest since the department started tracking in the 1960′s, and surpasses consumer savings during the GFC. pic.twitter.com/uQScYS4k6t — Maggie Kate Fitzgerald (@mkmfitzgerald) May 29, 2020 The high personal savings rate, combined with the extremely…

29 May 14:10 The Week 149215355484626605.html
Five richest Australians revealed

29 May 00:00 3 articles

Used Car Seller Billionaires Ernie Garcia II And Son Accused Of Insider Trading In Lawsuit

The father and son team behind Carvana, the online used car seller, along with the company’s directors and investment firms controlled by the Garcias, allegedly traded on coronavirus fears to buy up shares at “bargain basement prices.”

29 May 00:00 Forbes 6028587531856590291.html
Five richest Australians revealed

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

29 May 01:30 Australian Financial Review 3974284487161133159.html
Rich Lister winners and losers so far

With the fortunes of many billionaires tied up in equity, the past few months have been a wild ride and not everyone has come out on top.

29 May 01:30 Australian Financial Review 3974284486567703602.html
PBOC to make biggest weekly cash injection via OMO since mid-Jan – Reuters

29 May 02:03 3 articles

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

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

29 May 02:03 FXStreet 4480975639149585780.html
China cbank injects 670 bln yuan via reverse repos for week, rate unchanged

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

29 May 02:07 Financial Post 2379081491983817904.html
PBOC injects CNY300 bln via reverse repos, rate unchanged

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

29 May 02:56 FXStreet 4480975638386055936.html
Stay-at-home virus order eases pushing gasoline prices higher

29 May 00:00 3 articles

Expect a big jump in the petrol price next week

In a dramatic reversal of April’s chaotic fuel market, fuel prices are set to climb in June, the Automobile Association (AA) says, citing unaudited month-end fuel price data released by the Central Energy Fund.

29 May 00:00 BusinessTech 2153596440066609853.html
Big petrol price increase coming in June – AA

The AA has predicted that fuel prices will rise substantially in June.

29 May 00:00 MyBroadband 3036103787600640960.html
Stay-at-home virus order eases pushing gasoline prices higher

SOUTHLAND – (INT) – Supply and demand is pushing gasoline prices higher as the COVID-19 lock-down eases and people become more mobile. Prices are moving closer to 3-dollars-a-gallon. The Automobile Club’s Gas Watch puts the California average for 87-octane regular at $2.88. In the Riverside-San Bernardino area, pump prices gained 6-cents-a-gallon the past week for an average of $2.85. “Gas price averages continue to be more than a dollar lower than this time last year and more than 60 cents lower than at the beginning of March when the pandemic began affecting gasoline demand,” Auto Club spokesman Jeffrey Spring said.

29 May 00:00 Inlandnewstoday 5627894674112577285.html
Gold: Strongly rejected at $1727.37

29 May 05:45 3 articles

Gold Price Analysis: Has strong support and $1,718, and may resume its rise – Confluence Detector

Gold has been consolidating its gains after recovering from a dive below $1,700. Can it extend its gains on the last day of May? The Technical Conflue

29 May 05:45 FXStreet 4480975638978461865.html
Gold: Strongly rejected at $1727.37

The trend on the hourly chart below is still firmly down. This current wave higher could be the next lower high and there could be some signs of a rej

29 May 06:29 FXStreet 4480975638095678884.html
Here are 7 of the top chart patterns used by technical analysts to buy stocks

Technical analysts believe that stock prices often trade in patterns, as the motivating driver behind the movement of stocks is humans, and ...

29 May 09:06 Business Insider 3364799147448661328.html
CIL’s coal allocation under e-auction for non-power sector up 3-folds in April

29 May 12:55 3 articles

Coal India share price up 10% in 5 days; a stock to bet on as India’s power demand gets back on track?

A heatwave spreading across north India and the steady resumption of economic activity has caused a sharp spike in the country’s energy consumption, with this Coal India’s share price has also surged 10% in the last five days.

29 May 12:55 The Financial Express 1288289580031947853.html
CIL's coal quota under e-auction for non-power sector up 3-folds in Apr

The scheme was launched in 2015-16 to make coal available to non-power consumers, including captive power plants

29 May 14:17 Business-Standard 1502508924585035097.html
CIL’s coal allocation under e-auction for non-power sector up 3-folds in April

Coal India Ltd (CIL) had allocated 1.20 MT of dry fuel to the sector under the scheme in April 2019, as per latest government data.

29 May 16:00 The Financial Express 1288289580250248714.html
Vodafone Idea share price zooms 35% on report Google eyeing stake in telco

29 May 00:56 3 articles

Google could pick up stake in Vodafone Idea

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

29 May 00:56 The Asian Age 2126266544114886149.html
Vodafone Idea share price zooms 35% on report Google eyeing stake in telco

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

29 May 04:09 Business Today 1145527431317231067.html
Bharti Infratel hits over 3-month high; zooms 100% from March lows

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

29 May 04:24 Business-Standard 1502508926636907452.html
How Korté Chocolate mirrors the rise of specialty coffee with their single origin, higher cacao drinks for Malaysian cafés

29 May 09:57 3 articles

Lockdown shopping: Chocolate chips, frozen pizza up, energy bars nosedive

Americans bored at home during the coronavirus lockdown are rediscovering their love of baking and cooking, reversing a decades-long trend that has reshaped the grocery store experience.

29 May 09:57 TheHill 355432919828347797.html
Cool Ranch Doritos return after consumers lament their 'mysterious' disappearance

Cool Ranch Doritos are re-emerging on store shelves after they 'mysteriously' became scarcer during the pandemic.

29 May 16:45 CTVNews 2422791599156362040.html
How Korté Chocolate mirrors the rise of specialty coffee with their single origin, higher cacao drinks for Malaysian cafés

KUALA LUMPUR, MAY 30 — You’d think something as basic as hot chocolate beverages are a done deal. Everyone has their favourite brand. There isn’t room for any newcomers to a saturated market. Or so conventional wisdom would inform you. Shane Tan, former senior barista at Pulp, the Malaysian...

29 May 23:38 Malaymail 302165934680337517.html
Want to Teach? This Online Platform Will Connect You to Thousands of Students

29 May 03:14 3 articles

This lockdown, download a teacher

With online learning in great demand during the lockdown, startups in this teaching space are cashing in

29 May 03:14 BusinessLine 5283601573603405.html
Want to Teach? This Online Platform Will Connect You to Thousands of Students

India has a shortfall of nearly one million teachers. But unique initiatives like Lenovo SmarterEd are filling the gap, reaching those who need help the most.

29 May 10:38 The Better India 450426084263710913.html
Check out top industry-oriented courses offered by Swayam

Have you wondered what kind of courses are there on the platform? Which ones are right for you? If yes, then we have got you covered. Here is the list of most unique courses offered by Swayam from across fields.

29 May 10:46 The Indian Express 2885715105370790811.html
SBP reserves fall $55m to $12.07b

29 May 04:01 3 articles

SBP reserves fall $55m to $12.07b

Drop comes on accoun­t of extern­al debt repaym­ents

29 May 04:01