Economy 4329 May12:0014:0016:0018:0020:00
Vodafone Idea dismisses report of Google buying stake

29 May 11:12 3 articles

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
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
Marathon Oil Stock Will Continue to Limp Along as the Pandemic Continues

29 May 11:20 3 articles

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

29 May 11:36 2 articles

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

29 May 11:12 2 articles

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
Ringgit higher against US dollar on improved global sentiment

KUALA LUMPUR, May 29 — The ringgit ended the week slightly higher against the US dollar today on improved global sentiment despite lower oil prices, a dealer said. As at 6pm, the local note was quoted at 4.3450/3500 versus the greenback compared with yesterday’s close of 4.3540/3600. FXTM...

29 May 11:27 Malaymail 302165935460244915.html
EUR/JPY Price Analysis: Scope for a test of 121.00

29 May 11:36 2 articles

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
Coronavirus: New mortgage holiday should affect credit record, says Nationwide boss

29 May 11:11 2 articles

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
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
In Boom-and-Bust San Francisco, Pandemic Brings Grim New Reality

29 May 11:00 2 articles

In Boom-and-Bust San Francisco, Pandemic Brings Grim New Reality

Uber, Lyft and Airbnb have slashed thousands of jobs. Salesforce and Visa are letting employees work remotely for months; Twitter and Square are allowing them to do so for good.

29 May 11:00 Bloomberg.com 4032480120809308584.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
Coronavirus impact: Output in eight core industries declines 38% in April

29 May 11:50 2 articles

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
Better Buy: Magellan Midstream Partners vs. NuStar Energy

29 May 11:30 2 articles

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
Decoding the Stock Market: The Vocabulary of Volatility

29 May 11:03 2 articles

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

29 May 11:03 1 article

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
Warren Buffett's Berkshire Hathaway lost Bill Gates as a director this year. Here are its 14 board members.

29 May 11:26 1 article

Warren Buffett's Berkshire Hathaway lost Bill Gates as a director this year. Here are its 14 board members.

Warren Buffett's Berkshire Hathaway lost one of its highest-profile directors when Microsoft cofounder and billionaire philanthropist Bill G...

29 May 11:26 Business Insider 3364799146499197715.html
Healthcare facilities see 80% fall in revenue: Survey

29 May 11:42 1 article

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
Work and wellbeing bounce back during coronavirus crisis

29 May 11:50 1 article

Work and wellbeing bounce back during coronavirus crisis

Government measures to arrest the economic impact of COVID-19 have helped stop further job losses and declines in working hours, new analysis from The Australian National University (ANU) shows.

29 May 11:50 phys.org 3476726124809859489.html
GSMA, O-RAN Alliance join-up as operators tipped to jump on tech

29 May 11:31 1 article

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
Apple retains top spot in the wearables market in Q1

29 May 11:23 1 article

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
Singapore top FDI source for India in FY20 with $14.67 bn in investments

29 May 11:58 1 article

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
This telco stock has doubled in two months; eyes fresh highs

29 May 11:11 1 article

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

29 May 11:50 1 article

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

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

29 May 11:50 Business Today 1145527431722943102.html
New York gold traders are drowning in a glut they helped create

29 May 11:12 1 article

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
Viettel selects Digital Virgo for carrier billing

29 May 11:08 1 article

Viettel selects Digital Virgo for carrier billing

Vietnam-headquartered Viettel Group signed a global deal with Digital Virgo to deploy its direct carrier ...

29 May 11:08 Mobile World Live 2109488011476939013.html
TikTok maker ByteDance looks to shift power out of China amid rising global tensions

29 May 11:39 1 article

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

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

29 May 11:39 The Financial Express 1288289580497014385.html
Amazon in talks for new Dublin office even as virus hits

29 May 11:56 1 article

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

29 May 11:23 1 article

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

29 May 11:13 1 article

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

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

29 May 11:13 Malaymail 302165934961496191.html
SkipTheDishes has seen an 89 percent jump in new restaurants during the COVID-19 pandemic

29 May 11:02 1 article

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
Chevy Working On A Secret New Sports Car

29 May 11:00 1 article

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
Huawei launches IdeaHub to integrate remote working

29 May 11:10 1 article

Huawei launches IdeaHub to integrate remote working

KUALA LUMPUR, May 29 — Technology giant, Huawei Technologies Co Ltd has launched its latest invention — the IdeaHub targeted to integrate and smoothen remote working. Huawei’s Intelligent Vision and Intelligent Collaboration Technical Sales vice president Pan Yong said the product is in line...

29 May 11:10 Malaymail 302165934966964945.html
Who is Thierry Delaporte? Three interesting facts about Wipro’s new boss

29 May 11:07 1 article

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
Aquaculture industry set to be a boon for Northern Australian economy

29 May 11:49 1 article

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
Got $3,000? Here Are 3 Great Biotech Stocks to Buy Right Now

29 May 11:03 1 article

Got $3,000? Here Are 3 Great Biotech Stocks to Buy Right Now

One big biotech and two small biotechs especially stand out as attractive picks.

29 May 11:03 The Motley Fool 2231313658821025532.html
Coronavirus vaccine: Pfizer CEO claims COVID-19 medicine could be ready by October-end

29 May 11:51 1 article

Coronavirus vaccine: Pfizer CEO claims COVID-19 medicine could be ready by October-end

American pharmaceutical giant Pfizer is conducting clinical trials with German firm BioNTech on several probable vaccines in Europe and the United States

29 May 11:51 Business Today 1145527431919393916.html
Use of public transport likely to dip for 6 mnths post lockdown: CSE survey

29 May 11:18 1 article

Use of public transport likely to dip for 6 mnths post lockdown: CSE survey

Within six months after the lockdown, metro ridership will decline from 37% in pre-lockdown period to 16%, the CSE said.

29 May 11:18 Business-Standard 1502508926281980706.html
Sun Pharma to test pancreatitis drug in Covid-19 patients in India

29 May 11:20 1 article

Sun Pharma to test pancreatitis drug in Covid-19 patients in India

Sun Pharma it has initiated manufacturing of the active pharmaceutical ingredient and the finished product of the drug using technology from its unit, Pola Pharma Japan.

29 May 11:20 Business-Standard 1502508925866512974.html
EU's Greenhouse Gas Emissions Continue To Fall As Coal Ditched

29 May 11:30 1 article

EU's Greenhouse Gas Emissions Continue To Fall As Coal Ditched

An anonymous reader quotes a report from The Guardian: Greenhouse gas emissions in the EU continued their fall in 2018, the latest year for which comprehensive data is available, according to a new report from Europe's environment watchdog. Emissions fell by 2.1% compared with 2017, to a level 23% l...

29 May 11:30 science.slashdot.org 3975130315833701863.html
Magic Leap CEO to step down

29 May 11:30 1 article

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
7 5G Stocks to Buy for the Future of Telecom

29 May 11:50 1 article

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
EasyJet and Carnival poised to exit FTSE 100 as virus hammers travel firms

29 May 11:40 1 article

EasyJet and Carnival poised to exit FTSE 100 as virus hammers travel firms

Avast, Homeserve, Ladbrokes owner GVC and Convatec have been earmarked as the most likely firms to move into the index.

29 May 11:40 Shropshire Star 3480199992367182523.html
Two-Mile-Borris' Blackcastle Farm sausages for Aldi from this Sunday

29 May 11:35 1 article

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

29 May 11:41 1 article

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
Modi’s Rs 21 lakh cr package not enough; industry says govt needs to do this for companies to survive

29 May 11:29 1 article

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
GSMA finds traffic surge isn’t harming environment

29 May 11:28 1 article

GSMA finds traffic surge isn’t harming environment

Network traffic increases during Covid-19 (coronavirus) lockdown measures did not lead to huge spikes in ...

29 May 11:28 Mobile World Live 2109488009691154051.html
OGRA proposes Rs7.06 per litre cut in petrol price

29 May 11:02 1 article

OGRA proposes Rs7.06 per litre cut in petrol price

Recomm­endati­on in line with decrea­se in global crude prices­

29 May 11:02 The Express Tribune 1105816787910770343.html