Economy 1255
TCG BDC: The Case Of The Unattractive High Yield
Sporting a high dividend yield of 12.40%, TCG BDC stock may be on many investors’ watch list.The company regularly pays dividends and repurchases shares every quarter, but funds for these activities a
Bitfinex Adds Tether Gold Margin Trading with 5x Leverage
Bitfinex, one of the top global crypto exchanges, has added margin trading support for bullion-backed stablecoin Tether Gold (XAU₮).
Key takeaways from Economic Survey 2020
Finance Minister Nirmala Sitharaman on Friday tabled economic survey projecting the country’s economic growth at 6-6.5% for the next fiscal year starting April 1.
Govt spend on social services up by 1.5% in six years: Eco Survey
According to the Survey, as a proportion of gross domestic product (GDP), the expenditure on social services has registered an increase of 1.5 percentage points during the period 2014-15 to 2019-20 from 6.2% to 7.7%, it said.
A truck has rolled, delays expected
Customhouse Street, Awapuni, is blocked following a crash.
Ginni Rometty, 1st female CEO at IBM, to step down in April
Ginni Rometty, the first female CEO in IBM's century-long history, is leaving the helm in April.
Trump will demand high price for UK trade deal, says former ambassador
Kim Darroch said it was ‘impossible’ that the US congress would ratify any trade deal by the end of the year.
Ireland's Varadkar: Don't see how to separate fisheries from Brexit trade deal
Don't see how to separate fisheries from Brexit trade deal, the Irish PM Leo Varadkar reacted to the UK Cabinet minister Michael Gove's comments. It i
Community funding up for grabs in City of Wanneroo
COMMUNITY groups can apply for funding and have a say on how the City of Wanneroo distributes funding.
Assemble in India for world can raise export market by 6 per cent by 2030: Economic Survey
India must focus on a group of industries, referred to as “network products”, where production processes are globally fragmented and controlled by leading multi-national enterprises (MNEs) within thei
Binn chiefs quizzed over £70m Glenfarg incinerator project
Binn Group bosses held talks with local residents yesterday to share details of their plans for a £70 million incinerator at Glenfarg EcoPark.
Mongolia closes border to China until March 2 to stop virus
ULAANBAATAR (Reuters) - Mongolia will close all ports of entry from and into China until March 2 to try to prevent the spread of the coronavirus epidemic, the government said on Friday.
Stock markets fall
Canada's main stock index posted a triple-digit decline in late-morning trading as the heavyweight financial, energy and industrial sectors moved lower.
Major Overhaul In External Affairs Ministry: New Verticals On Trade, Technology & Economy, Strategic Projects To Get More Attention
This is the first major overhaul in the ministry in nearly five decades.
Australia on standby for fire threat as heat, winds return
SYDNEY (Reuters) - Australian authorities warned on Friday of severe fire danger in densely populated areas this weekend, declaring a state of emergency in the capital, Canberra, as soaring temperatures and strong whipped up huge, unpredictable blazes.
SBI records 41 per cent jump in Q3 net profit at Rs 5,583 crore
The bank says this is the highest ever quarterly net profit recorded by it
Drop Criminal Complaint Against Fortify Rights Senior
Thai authorities or Thai poultry company Thammakaset Company Limited should immediately drop criminal defamation complaints against Puttanee Kangkun and other human rights defenders, Fortify Rights said today. On December 6, Thammakaset filed a complaint against Puttanee with the Bangkok Southern Criminal Court for 14 social media engagements expressing support for human rights defenders.
Indonesia says China clears planes to evacuate Indonesian citizens from Hubei
JAKARTA (Reuters) - Indonesia’s foreign minister said on Friday that China had cleared planes to fly to the virus-hit Chinese province of Hubei to evacuate Indonesian citizens from the area.
GDP Prints At 2.1%, But Strong Export Data Is Anomalous; Likely To Be Revised Downward
Most of the 2.1% print came from Net Exports (NEX), but the lead of that was a technical increase from IMPORTS (which normally REDUCE GDP) .NEX is the component of GDP that, historically, is most revi
Financial watchdog to investigate M&C Saatchi accounting scandal
The Financial Conduct Authority has launched an inquiry into the £11.6m accounting error revealed in December.
Asia shares try to rally after gut-wrenching week
Asian share markets were praying for a reprieve at the end of a punishing week as investors snatched at hopes the coronavirus could be contained, ...
Q4 GDP: A Quick First Look
Quarterly real GDP growth came in slightly hotter than I expected at 2.1%.The single-biggest mover was the total collapse in real imports, down 8.7%.Consumption is way down. Real core PCE growth was 2
Lottery Commission gives new guidelines to operators
ABUJA---THE National Lottery Regulatory Commission (NLRC), in furtherance of its efforts to strengthen its regulatory functions in the sect
Wahine drop 94 points in rout of UC Irvine
The victory put the Rainbow Wahine (10-10, 4-3) back at the .500 mark and UH has won four of their last five games against Big West Conference opponents.
What If the Coronavirus and China's Quarantines Caused a Global Recession?
That would be bad.
Economic Survey 2020 forecasts India GDP growth at 6-6.5% for FY21
Economic Survey 2020: According to the survey, uncertainties, although declining, are still elevated due to protectionist tendencies of China and USA and rising USA-Iran geo-political tensions
Bethesda selling Fallout t-shirt for Aussie bushfire relief
Bethesda is the latest to sell physical gear in efforts to fundraise for Aussie bushfire relief, offering a Fallout-themed First Responders t-shirt.
Nifty call: Go long on strong rally above 12,050 levels with fixed stop-loss
Nifty 50 February futures (12,025)Following a positive start, the Sensex and Nifty began to decline due to selling interest at higher levels. The Asian markets are displaying mixed cues; the Nikkei 22
IVF 'postcode lottery' in Suffolk and Essex could be coming to an end
The 'IVF postcode lottery' that impacts couples in Suffolk and Essex could be coming to an end under new NHS proposals.
Major developments for Cullompton and Tiverton go to consultation
Plans for 500 homes and Cullompton regeneration go to the public
India must follow China's growth model to create jobs, suggests Economic Survey 2020
Economic Survey 2019-20: India can create 4 crore well-paid jobs by 2025 and 8 crore by 2030 by integrating "Assemble in India for the world" into Make in India
A few tips to boost sales of new cars
Levying road tax for five-year periods, making the registration process online, and ensuring dealerships sell spare parts across the counter and online are among steps that will help reduce the cost of ownership
Highlights of the day: TSMC, UMC maintain normal production in China despite outbreak, but IC design houses worried about business
Many Taiwan-based IT firms are feeling the heat from the coronavirus outbreak that is delaying their production from returning normal following Lunar New Year. But have revealed that their fabs in China have been running as usual. Despite the foundry houses' reassuring revelations, many Taiwanese ...
Narrabri farmers feel 'sold out' by federal-NSW energy deal that boosts gas supply
NSW environment minister insists government will not ‘cut corners’ in assessing Santos’s controversial coal-seam gas project at Narrabri
Amazon blows past a $1 trillion valuation after topping analysts' earnings expectations (AMZN)
Amazon shares soared as much as 11% in early Friday trading, driving the company's market valuation above $1 trillion for the first time since J...
Pakistan may be the next big Asian market for tech startups: report
A McKinsey & Co's report cited by DW listed Pakistan amongst the fastest-growing economies
Omnibus bill on job creation: Our last bus to demographic bonus
Something that President Jokowi could have emphasized again and again since he broached the omnibus bill plans in his Independence Day speech in August, is that these pieces of legislation are essential if Indonesia is going to cash in on the demographic dividend — a phenomenon that occurs when the size of the working-age population of between 14 and 65 years outnumbers dependents.
Third edition of Olam in Kerala capital to offer a range of products and workshops
Olam, beginning on February 1, brings fun, food, music and sales to one venue
Indigenous people left landless as traditional farming wanes in northeast India
By Rina ChandranSHILLONG, India, Jan 31 (Thomson Reuters Foundation) - T ribal people in northeastern India are increasingly becoming landless and poor as their traditional farming practices are abandoned in favour of commercial plantations, indigenous experts warned on Friday."Jhum" is the practice by tribal groups in the northeastern states of rotating land use for temporary farming, resulting in parts of forest land cleared and cultivated to grow foods.After three years, the cultivated field is left to regenerate while another area is cleared.
Buy local products for 'better tomorrow'; efforts on to make India $5 tn economy: Prez Kovind
President Ram Nath Kovind on Friday exhorted people to use locally manufactured products for a "better tomorrow" as he reiterated the government's commitment to make India a USD 5 trillion economy.
How to book holiday villas in Sicily
Sicily is a fashion secret among British people who enjoy a sunny vacation away from the crowds, but the attention of the Mediterranean island is easy to understand. Book a villa in Italy to use as a base for exploring Sicily during the summer months and you will be greeted by rising temperatures and hours of sunshine almost every day. You can choose to enjoy the season by relaxing on one of the beaches or isolation grounds that make up
Wipro CEO Abidali Neemuchwala decides to step down
Neemuchwala has served as the CEO and MD of Wipro since February 2016. Prior to that, he was the CEO of the BPO division of Tata Consultancy Services Limited
Barnstaple based business take Business Innovation of the Year gong
SEA, the Barnstaple-based defence and security electronic system specialist has won a national award
Universities seek new markets after triple-blow
The UK's highly competitive visas for foreign students, along with the bushfires and coronavirus, threaten Australia's $38 billion higher education market.
Sasol expects earnings to collapse 69%
Oil price, softer global margins and Lake Charles project weighs on first-half earnings
Sale of.Org Domain Registry Delayed By California Attorney General
California Attorney General Xavier Becerra sent a letter to the Internet Corporation for Assigned Names and Numbers (ICANN) demanding more information about the private equity takeover of the .org domain registry. The attorney general is seeking answers to 35 questions concerning the sale as well as...
Indonesia crocodile stuck in a tyre for years, now authorities offer a reward for removing it
'A reward will be given to anyone, who can release the hapless reptile,' Central Sulawesi BKSDA chief Hasmuni Hasmar stated in Palu City, Central Sulawesi Province.
Solitary splendour in Maldives
For those who want to get away from it all, there’s always the Maldives
Ginni Rometty to step down as IBM chief executive
Tech giant has struggled to grow as it moves into new fields like cloud computing and artificial intelligence
Crisil upgrades Jindal Steel's NCD ratings to positive on restart of plant
Upgrade reflects improvement in JSPL's business risk profile over medium term
India's GDP growth not overstated, says Economic Survey 2020
Economic Survey 2020 live: The Economic Survey 2019-20 cleared the air around "inflated GDP numbers". Here's what this exactly means for you
Outa, Saapa want Dudu Myeni to be declared delinquent director for life
Dudu Myeni must be declared a delinquent director for the rest of her life for allegedly plunging SAA into financial chaos ...
GBP/USD keeps the mixed outlook unaltered – UOB
Cable is expected to extend the broader consolidative mood amidst the prevailing mixed outlook, suggested FX Strategists at UOB Group. Key Quotes 24-h
EU lawmakers vote in favor of common charger despite Apple’s plea
According to Apple, the move to adopt a universal charging standard for all phones will do more harm than good. EU lawmakers disagree.
Economic Survey suggests widening scope of Make in India to create 4 crore jobs by 2025
This can be done by integrating “assemble in India for the world” into Make in India.
Pvt sector to get 70% of upcoming space projects worth up to $1.6 bn: Isro
In the last 25 years, the space agency has launched more than 50 PSLV rockets, and wants to launch another 50 in the next five years
Tourism businesses urged to harness ‘fantastic’ potential of Arbroath 2020
Tourism businesses across Angus and Dundee are being encouraged to turn the “eyes of the world” on the area by harnessing the potential surrounding this year’s 700th anniversary of the Declaration of Arbroath.
Derry woman takes Irish citizenship battle to the US
A Derry woman who is challenging a court ruling, that she is a British citizen and not Irish, is taking her campaign to the United States claims this contravenes the Good Friday Agreement. Emma DeSouza is set to travel to Washington, New York, Philadelphia and Boston next week on a 10-day trip in a bid to highlight...
Big share sale target in FY21? AI, BPCL, CCRI plus some more
Dalal Street analysts expect disinvestment proceeds to touch Rs 50,000 crore in FY20.
Union Budget 2020: Govt Tables Economic Survey, Pegs Growth Rate at 6-6.5% For FY 2020-21
The growth rate for the current financial year, ending March 31, was 5%, the Economic Survey, prepared by Chief Economic Adviser (CEA) Arvind Subramanian said. The Survey added that the rate of inflation declined from 3.2% in April 2019 to 2.6% in December 2019.
Rand marks time as China virus, power cuts weigh
Investors clutch at hopes that China can contain the spread of the coronavirus.
Progress in state on potato value chain should be replicated: PepsiCo Asia head
“How can industry and farmers win together? We follow contract farming or collaborative farming, where we put farmers at the centre,” he said.
Nova Scotia court says man's rights not violated when 'Grabher' plate revoked
HALIFAX — A Nova Scotia Supreme Court judge has dismissed a claim by a man who says the province infringed on his freedom of expression when it revoked a licence plate personalized with his surname —. . .
Ethereum Event Attracts Global Energy Giant Sponsor, ETH Prices Up 7%
A large Ethereum gathering in the US next month is attracting some big named sponsors as BP adds its name to the list.
SBI Q3 result: Lender logs 41% YoY rise in profit at Rs 5,583 cr; NPAs dip
During the quarter under review, the bank's credit book grew 6.79% YoY to Rs 23.01 trillion, up from Rs 21.55 trillion. The retail loans have jumped 17.49% YoY, while corporate loans slipped 0.48%
Release contaminated Fukushima water into sea: Japan panel
Radioactive water from the stricken nuclear plant in Fukushima should be released into the ocean or vaporised into the air, an expert panel advised the Japanese government on Friday.
Airlines curb or cancel China flights
A number of airlines say they are halting or reducing flights to China as the country struggles to contain the spread of the deadly novel coronavirus.
Years of red ink before Sargon's downfall
The holding company of high-powered fintech superannuation group Sargon Capital lost nearly $25 in the two years before it tumbled into receivership, and it is yet to file accounts for last financial year.
Benchmark names Gregg Fracassa General Manager for Snow King Resort, Jackson, Wyoming
THE WOODLANDS (HOUSTON), TEXAS - Benchmark, a global hospitality company, has appointed Gregg Fracassa general manager for Snow King Resort, a Benchmark Resorts & Hotels property located in Jackson, Wyoming. Greg Champion, Benchmark’s president and COO, made the announcement. "It is a pleasure to welcome Gregg to Benchmark and to Snow King,” said Mr. Champion. “He brings great depth of leadership and operational experience to the property and an important understanding of maximizing the attributes of a resort hotel and its
Vedanta implements resolution plan to bag Ferro Alloys via NCLT route
Company's foray into ferro alloy business to strengthen its steel business portfolio
Eco Survey: Thalinomics in times of rising prices: Veg, non-veg thalis more affordable
Using the annual earnings of an average industrial worker, it is found that affordability of vegetarian thalis improved 29 per cent from 2006-07 to 2019-20 while that for non-vegetarian thalis improved by 18 per cent.
Tools needed to help young people in Africa
RGB Building Supplies has joined forces with South West-based charity Amigos
SBI Q3 results: Profit jumps 41% to Rs 5,583 crore; asset quality shows big improvement
Percentage of net NPAs stood at 2.65 per cent compared with 3.95 per cent last year.
Anambra reschedules cancelled Nkpor auto spare parts market poll
President of ASMATA, Chief Ikechukwu Ekwegbalu, notified the traders to prepare for the election on Thursday, February 6.
Ezekiel Mutua Splashes Millions on His Barber
The Kenya Film Classification Board (KFCB) boss opened up on the heart-melting story of how he worked with the struggling youth to...
Tokyo stocks close higher after WHO virus ruling
TOKYO, Jan 31 — Tokyo stocks closed higher today after the World Health Organisation declared the new coronavirus an international emergency but held off on recommending restrictions on the movement of people. The benchmark Nikkei 225 index gained 0.99 per cent, or 227.43 points, to end at...
CFPB Sues Citizens Bank For Violating Truth In Lending Act
The Consumer Financial Protection Bureau (CFPB) has filed a lawsuit against Citizens Bank over alleged violations of the Truth In Lending Act (TILA).
Banking Association Reassures Lebanese their Deposits Are Safe
The head of the Association of Banks in Lebanon, Salim Sfeir, has made assurances that deposits are safe and that the temporary measures were only aimed at managing the current crisis. “Things will soon return to normal as the new government begins t
Finavia envisions: Electric aircraft will fly on domestic routes in Finland by the end of 2020s
The Finnish airport operator Finavia has joined a Nordic initiative to enhance the development of electric aviation. The Network for Electric Aviation (NEA) is a unique initiative, where Nordic actors come together to accelerate the introduction of electric aviation in the Nordic countries. “Electric-powered aircraft will likely be a vital part of tackling the environmental challenges of the aviation industry. As an airport operator we want to find out what kind of development electric flying will require from our airports”, says
Economic Survey 2020 has a clear message for Nirmala Sitharaman
Growth in the current fiscal year would come in at 5 per cent, as per Economic Survey.
Cash-strapped Triphin will enrol at Wits University, thanks to Mukuru
By Nonkululeko Njilo | Sowetan | South Africans have rolled up their sleeves and hatched a plan to send a cash-strapped matriculant with seven distinctions to university — just two days after her heartfelt plea for help. Triphin Mudzvengi has touched hearts across the nation after revealing that she was accepted at the University of the Witwatersrand (Wits). But due to her family's financial constraints she was unable to enrol, reported GroundUp on Tuesday. She had tried to obtain scholarships and bursaries but did not qualify because, having arrived in the country with her parents from Zimbabwe in 2010, she was a foreign national. This also excluded her from the National Student Financial Aid Scheme.
Public sector bank services hit as employees union go on 2-day strike
Bank strike: Services like cash deposit, withdrawal, cheque clearances, instrument issuance and loan disbursement of public sector banks are affected.
Marico slips 6%, hits 52-week low on disappointing December quarter results
In Q3FY20, consolidated revenue from operations declined 2 per cent YoY at Rs 1,824 crore.
Prime Minister Johnson Poised for Canada-Style UK-EU Free Trade Deal After Brexit – Report
The UK’s withdrawal from the EU on Friday will be followed by an 11-month transition period, during which Britain will remain committed to the existing trade deals with the bloc, but will be able to negotiate new such agreements with EU members and other countries.
SK Hynix, Inc. (HXSCL) Q4 2019 Results - Earnings Call Transcript
SK Hynix, Inc. (OTC:HXSCL) Q4 2019 Earnings Conference Call January 30, 2020, 07:00 PM ET Company Participants Sanghoon Park - Head of IR Jin-Seok Cha - CFO Conference Call Participants Hyunwoo Doh -
Uganda Tourism Institute worth Uhs380b to open in July
Uganda’s State Minister for Tourism Godfrey Kiwanda has said that the Hotel and Tourism Training Institute Application Hotel located in Jinja is nearing completion and will be officially opened in July. The construction of the application hotel is being undertaken under the Competitiveness and Enterprise Development Project, funded by Government of Uganda (USD. 2.5m), World Bank (USD. 100m) and coordinated by the Private Sector Foundation Uganda (PSFU). Former Tourism Minister Prof. Ephraim Kamuntu (Now the Minister of Judiciary and Constitutional Affairs) on April 10th 2018, led a team of Government officials and other partners for a groundbreaking ceremony that kickstarted construction works for the new application hotel for Uganda Hotel and Tourism Training Institute in Jinja. The construction contract was awarded to Roko Construction Limited under the supervision of Arch Design Limited for a duration of 12 months. Kiwanda who was officiating at the Institute’s Alumni Association launch hosted in Kampala…
NZD/USD Price Analysis: Slides to near 2-month lows, farther below 0.6500 level
The NZD/USD pair added to its recent losses and remained depressed for the sixth consecutive session on Friday, falling to near two-month lows during
Gov Makinde recalls five directors sacked by predecessor, Ajimobi
Five directors of the (BCOS who were sacked by the immediate past Governor Abiola Ajimobi, have been reinstated by the incumbent Governor, Seyi Makinde.
Rishad Premji writes to employees, lauds Abidali Neemuchwala’s contributions
Wipro announced this morning that its CEO and MD Neemuchwala has resigned due to family commitments and he would stay on until a successor was appointed.
Two loan products launched by Indian Bank
Indian Bank on Thursday announced the launch of two products - Surya Shakthi, for roof top solar set up for captive consumption and Corporate Loan, a finance product in aid of units under stress for w
UN warns world may pay ‘terrible price’ if it fails Sudan
Khartoum, Sudan | AFP | A top UN official has warned that the international community would “pay a terrible price” if it fails to help rebuild Sudan’s dilapidated economy as the African country transitions to civilian rule. “The story of Sudan in year 2020 is not the story of the previous government,” United Nations Development Programme …
EUR/USD comes under pressure below 1.1030 ahead of data
After moving to the 1.1030/35 band, or daily highs, EUR/USD appears to have met some sellers and is now giving away part of those earlier gains. EUR/U
FAA staff and tour co. ties alleged after 3 chopper crashes
The chairman of a key Senate committee is asking the Transportation Department's Inspector General to investigate misconduct allegations at the Federal Aviation Administration's Hawaii field office. They involve an allegedly...
FBI Probing Israeli Firm That Could Have Supplied Tools to Spy on Amazon’s Jeff Bezos – Report
The US-based advisory firm that investigated the hacking of Jeff Bezos’s phone concluded that it was likely compromised through a WhatsApp chat with an account allegedly used by the Saudi Crown Prince. They also suggested that the malware that targeted Bezos came from an Israeli company. Both Saudi Arabia and the Israeli company denied any role.
Salesman 'left householder in tears' in row over cancelled order, court hears
A man in his 70s who had survived a heart bypass and prostate cancer was reduced to tears by an aggressive salesman from a home improvement company when he tried to cancel an order for a new conservatory roof, a court heard.
Huawei overtakes Apple to get 2nd place in CY 2019
Despite the challenges that they are facing, Huawei still seems to be doing well in terms of smartphone shipment and in 2019, they have slightly overtaken Apple to become the 2nd top brand. This is…
TANCET 2020 application deadline extended, check how to apply for master’s level entrance exam
TANCET 2020: The exams will be conducted as per schedule - on February 29 for MCA and MBA and on March 1 for ME, MTech, M.Arch, and M.Plan admissions.
NEW RESTAURANT: Deg’s Chicken now open in Fairfield Commons mall
BEAVERCREEK — Deg’s Flame Grilled Chicken — which is on hiatus at The Greene — has opened a new location in the Mall at Fairfield Commons food court.
Release contaminated Fukushima water into sea: Japan panel
Radioactive water from the stricken nuclear plant in Fukushima should be released into the ocean or vaporised into the air, an expert panel advised the Japanese government on Friday. The TEPCO-operated nuclear plant suffered a meltdown in 2011 after it was hit by an earthquake-triggered tsunami. The
Inside Russian airline Aeroflot's pilot training facility where MailOnline is taught how to land a Boeing 737 in a state-of-the-art simulator - with VERY mixed results
MailOnline Travel's Jennifer Newton gets a tour of Aeroflot's pilot training school on the outskirts of Moscow - and takes the captain's seat in a Boeing 737 flight simulator.
ONGC’s gas pipeline in A.P’s KG Basin leaks, no damage reported
Villagers spot it on Friday morning and alert officials; ONGC team rushes and cuts off supply
Link to buy Pepper European Servicing unit for up to €200m
Pepper Ireland unit manages €18bn of assets, including 60,000 residential mortgages
Atari plans to open video game-themed resorts in 8 US cities
LAS VEGAS — Atari, the arcade game company that ushered in the gaming revolution in the 1980s, is opening eight video game-themed hotels across the United States, including ones in Las Vegas and . . .
Economic Survey highlights: FY20 fiscal deficit target may need relaxation
GDP growth pegged at 6-6.5 per cent in financial year starting April 1, up from 5 per cent in current fisca
Economic Survey pegs GDP growth at 6-6.5% in next fiscal
Government must use its strong mandate to deliver expeditiously on reforms, it says
When are the Eurozone Preliminary CPIs/ GDP and how could they affect EUR/USD?
Eurostat will publish the first estimate of Eurozone inflation and growth figures for January and Q4 respectively at 1000 GMT today. The headline CPI
Bank Negara says sentiments in global financial markets positive in Dec
KUALA LUMPUR, Jan 31 — Sentiments in the global financial markets in December were positive amid prospects of easing global trade tensions, said Bank Negara Malaysia (BNM) today. The central bank said investor’s risk appetite improved following the announcement and subsequent signing of a phase...
Pilots, flight attendants demand flights to China stop as virus fear mounts worldwide
Pilots and flight attendants are demanding airlines stop flights to China as health officials declare a global emergency over the rapidly spreading coronavirus, with American Airlines’ pilots filing a lawsuit seeking an immediate halt.
Economic Survey calls for $1.4 trillion infra spending during FY2020-2025
Investment in infrastructure is necessary for the economy, as power shortages, inadequate transport and poor connectivity affects overall growth performance, as per the Survey
7,000 passengers detained on liner in Italy due to false coronavirus alarm
Woman from Macau detected fever when ship paused at Civitavecchia, north-west of Rome
Shares struggle for footing after virus-battered week
World share markets fought to regain their footing on Friday as investors clutched at hopes that China could contain the coronavirus, even as ...
What could derail the long-awaited property market recovery?
PROPERTY experts are hopeful 2020 will be the year the Perth market returns to growth.
Coronavirus: Amazon, Microsoft Employ Thousands of China-Born Employees
The huge population of China-born professionals in the United State is prompting many companies to ask them not to travel to China.
GDP edges up 0.1 per cent
The Canadian economy edged higher in November, reversing most the decline seen in October, as cold weather helped boost the utilities sector and the construction and retail sectors also gained ground.
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Sales Leadership Conference (SLC) is West Africa’s biggest convergence of revenue leaders across corporate Nigeria..........
Incumbent Jaman North MP picks forms for NPP primaries
news, story, article
Corporation tax cut to benefit 1% firms, SMEs paying lower tax: Eco Survey
With economic slowdown resulting in slippages in direct and indirect tax collections, the Survey said the next financial year is expected to pose challenges on the fiscal front
Fused entity to have enough cash to loan private players: PFC on REC merger
PFC and REC can separately lend up to 25 per cent of their net worth to a single borrower/ project, and lending to a group borrower could be 40 per cent, PFC informed the BSE
Woodford Income Focus fund to reopen in February
£268m fund was frozen in October after stockpicker’s business imploded
To mask or not to mask: confusion spreads over coronavirus protection
"Do not wear a mask if you are well" read a warning plastered across the front of Singapore's main newspaper on Friday, as authorities around the world sought to calm panic buying of masks seen as a guard against the fast-spreading coronavirus.
Luxury home prices in Manhattan have tumbled to their lowest level in years, and it proves that sellers are still struggling to offload prime real estate, Business Insider - Business Insider Singapore
Business Insider - The price threshold for Manhattan luxury homes fell to $3.8 million at the end of 2019 — the lowest it's been since 2013.. Read more at businessinsider.sg
'Not being used properly': MYOB, Xero look to invoice finance amid supply chain scrutiny
The industry built around speeding up payment times for small business looks set to grow.
General Electric Slams It Out Of The Park
Contrary to fears from many market participants, General Electric appears to be turning a corner.The company's latest release reveals strong performance when it comes to cash flow and good results mov
Hong Kong’s disruption is Sydney’s opportunity
Hot Property
Bank of Lithuania Looks into Central Bank Digital Currency
Bank of Lithuania may be the next entity to look into Central Bank Digital Currencies (CBDCs), after multiple banks worldwide have expressed interest. All
Economic Survey 2020: GDP Growth Projected At 6-6.5 Per Cent In FY21; Growth Resurgence From Second Half Of FY20
The Economic Survey 2019-20 was tabled by Finance Minister Nirmala Sitharaman in the parliament today (31 January). The survey projects the Indian Economy to grow at a rate of 6 to 6.5 per cent in the upcoming Financial Year 2020-21.
Understanding ‘Thalinomics’, or the economics of a plate of food in India
Analysing this data, the survey found that since 2015-16, there was a change in the dynamics of ‘thali’ prices.
Helicopter company in Kobe Bryant crash not certified to fly in poor visibility
The charter company whose helicopter crashed and killed basketball star Kobe Bryant, his daughter and seven others on Sunday was not certified to fly in conditions requiring pilots to fly using only cockpit instruments, media reports said.
Luxury home prices in Manhattan have tumbled to their lowest level in years, and it proves that sellers are still struggling to offload prime real estate
The price threshold for Manhattan luxury homes fell to $US3,816,835 in the fourth quarter of 2019, according to a report by the real-estate listing platform, StreetEasy.
3 Straight Quarters Of 2%, And Yet Each One Very Different
For the year, the Bureau of Economic Analysis (BEA) puts total real output at $19.07 trillion, or annual growth of 2.33% and down from 2.93% in 2018.Imports are down so sharply because the domestic pa
Govt Revises GDP Growth For 2018-19 to 6.1 Per Cent From 6.8 Per Cent
Earlier in the day, the Economic Survey presented by chief economic advisor (CEA) Krishnamurthy Subramanian projected revival of economic growth to 6-6.5 per cent in the next fiscal starting April 1, 2020.
Paradigm Chairman Sam Gores Denies Report of Possible Sale to CAA
"We are not for sale, nor are we selling the agency," Gores says in email to employees
South Korean evacuees from Wuhan welcomed to quarantine centres
SEOUL, Jan 31 — Hundreds of South Koreans flown home on a charter flight from China were greeted with welcome signs today as they arrived at quarantine centres where nearby residents had staged vehement protests only a day before. The 368 South Koreans were transported to two facilities in Asan...
Budget 2020: Earn less than Rs 10 lakh? Here's what you can expect
Budget 2020: There have been talks about government levying 10% income tax on income above Rs 5 lakh to Rs 10 lakh and 20% for income above Rs 10 lakh to Rs 20 lakh
USD/CAD eases from tops, still well bid near 200-DMA post-US/Canadian data
The USD/CAD pair trimmed a part of its early gains to seven-week tops, albeit still managed to hold with modest daily gains above the 1.3200 mark post
Possible disruption to water supply in Tallanstown on Monday - Talk of the Town
Homeowners and businesses in Tallanstown may suffer disruption to their water supply this Monday. This is due to mains repair works due to be carried out in the Rathbrist area of the village from 10.30am to 6pm on the day. Irish Water has advised that those affected may experience low pressure or a water outage...Read More→
Non-cash payments under I-T Act: 7 electronic modes get CBDT nod
BHIM, UPI, debit/credit cardsand net banking make the cut
Portal Leisure Centre fails to boost town centre footfall as empty shops pile up
Retail vacancy rates above the national average, new report shows.
Amazon Makes Fresh Pitch to Continue Improving Customer, Seller Experience
Since its arrival in India in 2013, Amazon has created over 700,000 direct and indirect jobs and announced plans to create additional one million jobs in India by 2025.
Thailand China Outbreak
The holiday was over for almost 80 Chinese visitors to Thailand. Wuhan has been under tight lockdown as Chinese authorities seek to contain further spread of the virus. The virus outbreak has attached a measure of fear and loathing to the city's name, as was demonstrated Friday when another group
Unilever considers selling tea brands as UK hot tea sales are on a downward trend
Following on from the recent news (30th Jan 2020) of Unilever looking to sell their PG Tips and Lipton brands, Arian Bassari, Consumer Analyst at GlobalData, a leading data analytics company, offers his view on these developments.
Amazon shares surge on strong earnings update
Amazon shares shot higher Thursday after the internet colossus released quarterly earnings figures for the holiday quarter that trounced market expectations.
Treasury Wine Estates shareholders back company's US presence
Long-term Treasury Wine Estates shareholder Tribeca wants the company to maintain a presence in the US but would like to see its commercial business divested.
Budget Session 2020 Highlights: GDP growth rate for 2018-19 revised downwards to 6.1 per cent
Parliament Budget Session 2020, Economic Survey 2020 Highlights: The Economic Survey 2019-2020, tabled by Finance Minister Nirmala Sitharaman, projected the economic growth of 6 to 6.5 per cent in the fiscal year starting April 1.
Markets Recoil as Economic Survey Stokes Fiscal Slippage Fears
The 30-share BSE Sensex closed 190.33 points, or 0.47 per cent, lower at 40,723.49. Likewise, the broader NSE Nifty shed 73.70 points, or 0.61 per cent, to finish at 11,962.10.
Amazon set to blow past a $1 trillion valuation after topping analysts’ earnings expectations
Amazon shares tore as much as 11% higher in early Friday trading, pushing the company’s market valuation above $1 trillion for the first time since July.
Two dead as new wave of Chile protests break out
SANTIAGO: A young man has died after being hit by a hijacked bus in Santiago, the second fatality in renewed unrest in the Chilean capital, police said on Thursday.
NZD/USD finds support near 0.6450, stages modest recovery
The NZD/USD pair closed the fifth straight trading day in the negative territory on Thursday and extended its slide on Friday to touch its lowest leve
Africa pushes ahead on the world’s largest free-trade zone
The African Union is backing the Africa Continental Free Trade Area.
The Daily Chase: Stocks under pressure as virus spreads; GDP inches higher
Global stocks are coming back under pressure this morning as investors interpret the latest wave of coronavirus headlines. Meanwhile, the Canadian economy unexpectedly expanded in November.
Call for ‘vacancy control’ to curb Vancouver rental rates
Housing advocates are concerned that the trend toward jacking up rents once units vacate will result in further displacement
Property sales catapult American Savings’ earnings | Honolulu Star-Advertiser
American Savings Bank’s earnings soared 30% in the fourth quarter after recognizing an after-tax gain of $7.7 million from the sales of its former headquarters at the Financial Plaza of the Pacific and its Mililani Service Center.
Navajo Code Talker dies at 96; less than a handful remain
One of the few remaining Navajo Code Talkers who used their native language to confound the Japanese in World War II has died.
How to get one of 7000 first home grants
Those eligible can purchase with as little as 5 per cent of the property’s value, saving up to $26,000 in not buying insurance, but it's 'complicated’.
Anger as 210 homes given green light after 8 hours of debate
Villagers are seeking legal advice on how to prevent future developments in their community after plans for a further 210 homes were approved.
US: Annual core PCE Price Index ticked up to 1.6% in December as expected
Inflation in the United States, as measured by the Personal Consumption Expenditures (PCE) Price Index, rose 0.3% on a monthly basis in December follo
Indiabulls to exit realty biz, merge with entity led by Embassy, Blackstone
In the past two years, IBREL has sold commercial assets to Blackstone for around Rs 12,250 crore
Bank strike paralyses work
Bank employees owing allegiance to various constituent unions of the United Forum of Bank Unions (UFBU) boycotted work in the erstwhile composite Khammam district on Friday, the first day of the two-d
How mortgage broking was saved from near death
The Hayne recommendations nearly finished off mortgage brokers a year ago. Today, their services are more in demand than ever.
Economic Survey: IBC reduces resolution time to 340 days from 4.3 years
The Insolvency and Bankruptcy Code (IBC), which came into force in 2016, provides for market-linked and time-bound resolution of stressed assets
Mining sector's GDP share sees decline due to disruptions in Goa, Karnataka
Closure of mines and disruptions due to changes in legislations has thrown the sector out of gear, curtailing production and endangering jobs
Hindustan Unilever Q3: Steady performance amidst the slowdown
Despite the ongoing consumption slowdown, Hindustan Unilever has been able to maintain the same 5 per cent year-on-year growth in volumes in each of the last three quarters. It has been able to hold v
Tax Political Donations
Here’s a fair way to reduce our obscene $1 trillion federal deficit: Tax political donations. Not that our spineless, money-grubbing Congress would ever do it. They know who their masters are — and it ain’t the folks who elected them.
Luxury home prices in Manhattan have tumbled to their lowest level in years, and it proves that sellers are still struggling to offload prime real estate
The price threshold for Manhattan luxury homes fell to $3.8 million at the end of 2019 — the lowest it's been since 2013.
50 million locked down
Carrying permits demanding “fast passage,” truck drivers rushed a 560-ton shipment of disinfectant from eastern China to Wuhan, the locked-down city of 11 million people at the centre of a vast effort to contain a new viral disease.
India's share in global commercial services exports up at 3.5 per cent
According to the economic survey tabled by finance minister Nirmala Sitaraman, the service sector acounts for 55 per cent of economic growth
UC Berkeley had to apologize for saying anti-Chinese xenophobia is a 'normal reaction' to the coronavirus, Business Insider - Business Insider Singapore
Business Insider - "Confused and honestly very angry about this Instagram post from an official UC Berkeley Instagram account," one former student said.. Read more at businessinsider.sg
Budget 2020: PPF limit may increase to Rs 2.5 lakh from Rs 1.5 lakh
Budget 2020: The ministry is also planning to permit tax exemptions of up to Rs 2.5 lakh for savings under Section 80 C (of the Income Tax Act)
We will replace one district, one factory with staple processing zones - Mahama
news, story, article
Virus rescue flight returns to Korea with 18 showing fever
Eighteen passengers on a chartered flight from virus-stricken Wuhan to South Korea showed signs of fever after landing at Gimpo International Airport and were taken to hospitals for checks.
FBI Allegedly Probing Israeli Firm NSO Group's Spyware Used In High-Profile Hacks
The probe is allegedly looking at suspected intelligence gathering on governments according to the sources.
The Light From The Gods Still Shines Bright - Raytheon Company Delivers In Q4
Raytheon Company just posted its Q4 numbers. 2019 was a great year, with strong growth at every level. Backlog is growing faster than bookings, bookings faster than revenue - so revenue growth can ac
Submarine jobs poised to go west
The Morrison government is leaning towards sending ASC's submarine maintenance blue collar jobs to Perth, risking its relationship with key senator Rex Patrick.
Jakarta stock index slips 1.5 percent as Wuhan virus spreads
The JCI concluded morning trade at 5,966.87 before lunch break, breaking below the 6,000 level for the first time this year.
Canada: Real GDP edged up 0.1% in November vs. 0% expected
The real Gross Domestic Product (GDP) expanded by 0.1% on a monthly basis in November following October's 0.1% contraction, the data published by Stat
How to wear a gold chain
Thanks to Succession’s Shiv Roy, bling is now taking pride of place
Railway Budget 2020: Railway fares unlikely to be hiked, govt may give privatisation push
Budget 2020: After the success of India's first private train Tejas, the Centre may also consider privatising other trains and railway operations. The Centre's railway station modernisation plan will also boost steel consumption in the country
Lavender Economic Survey says growth has bottomed out, pegs GDP for FY21 at 6-6.5%
The pre-Budget Survey said for wealth to be distributed, it first has to be created and called for looking at wealth creators with respect.
Here’s what the P/E Ratio really tells us about an ASX share
Do you know what an ASX share's P/E ratio really tells us? The answer might surprise you!
Jewellery salesman with suitcase full of £4m gems targeted by gang in robbery plot
The gang ambushed the salesman as he walked to an Ernest Jones store to display Le Vian's signature brown "chocolate diamonds"
Russia confirms first two coronavirus cases
MOSCOW, Jan 31 — Russia said today that two Chinese citizens had tested positive for the novel coronavirus in the country’s first cases since the deadly outbreak emerged in China. The two cases were registered in the Zabaikalsky and Tyumen regions of Siberia, Deputy Prime Minister Tatyana...
Farmers stuck with pineapples as prices drop to Shs 700
agriculture
Amazon set to blow past a $1 trillion valuation after topping analysts' earnings expectations
Amazon shares tore as much as 11% higher in early Friday trading, pushing the company’s market valuation above $US1 trillion for the first time since July.
Koo Stark in behind-closed-doors High Court fight over money with ex-partner
A judge overseeing a trial in London has relaxed a reporting bar and allowed some detail to be revealed.
What to look for in earnings season
The savage market reaction to a number of startling share downgrades this week is a reminder that hefty price gains may not reflect earnings prospects.
We are comfortable buying retail: Newmark plays against flow
Property fund veteran and former Hawthorn footballer Chris Langford is playing against the real estate flow and buying retail assets.
Soak up a cosy vibe with these easy home decor tips
Incorporate a few changes to your regular decor this season and make your home winter-ready.
Long queues return to banking halls, as customers avoid new ATM withdrawal limits
Customers of various banks now prefer to withdraw cash over the counter in the banking hall to using Automated Teller Machines (ATM).
EU turns page on Brexit and moves on to trade talks
A resolute European Union sought Friday to turn the page on Brexit and move on to negotiating a looser, less favourable trading relationship with its departing British partner.
Fiscal deficit target may be relaxed to arrest declining growth: Economic Survey
The Medium Term Fiscal Policy (MTFP) statement presented with the Budget 2019-20, pegged the fiscal deficit target for 2019-20 at 3.3 per cent of gross domestic product (GDP), which was further expected to follow a gradual path of reduction and attain the targeted level of 3 per cent of GDP in 2020-21, and continue at the same level in 2021-22.
Saudi Arabia supports UN Alliance of Civilizations with $1 million
The support was offered during a meeting with High Representative of the Alliance of Civilizations, Miguel Angel Moratinos here.
How your apartment block can self-finance a revamp
A little-known law change means the majority in a building can require other owners to allow extensions and additions to pay for an upgrade.
Smoothing Bumpy Cash Flow For Small Town Governments
Springbrook discusses the cash flow challenges of local governments prioritizing timely supplier payments and budget transparency.
Kobe Bryant: Helicopter Company Involved in Lakers Star's Death Suspends Operations
Island Express Helicopters — the company that owned the aircraft that Kobe Bryant, his daughter Gianna and seven other passengers were on when it crashed in Calabasas, California, on Sunday — has temporarily suspended its operations. A statement on the company's website revealed that all [...]
Gender Minister, UN Women agree to step up fight against GBV
Kampala, Uganda | THE INDEPENDENT | The UN Women Country representative in Kampala has decried the high cost implications of Gender Based Violence (GBV) and warned that it denies Ugandan communities resources they would have put in much-needed development projects. “Uganda is incurring over Shs77 billion in cost or opportunity costs in managing violence …
DHFL account classified as ‘red-flagged’ by State Bank of India
State Bank of India has classified the Dewan Housing Finance Corporation Ltd (DHFL) account as a red-flagged account (RFA) and said it would scrutinise the home loan pools purchased from the trouble
What a 5-Step Checklist at Johns Hopkins Can Teach You About Life and Business
Often the simplest steps -- ones we repeat all the time -- are an opportunity to slip up and create costly errors.
Billionaire Bloomberg floods Democratic primary with cash
DES MOINES, Iowa — Billionaire Michael Bloomberg spent roughly $180 million in the month after his late entry into the Democratic presidential primary, a staggering sum that’s drastically more than all other leading contenders spent during much of the past year combined. Since his late entry into the race in November, the former New York …
EC staff in Northern Ireland taking low-key approach to leaving
Belfast European Commission office still holds to line that EU is Good for You
Buyer pays 30 per cent above asking price to nab King West loft
This roughly 600-square-foot unit is in a nearly 20-year-old building across from Massey Harris Park that is composed of two-storey units with loft-like characteristics
CMA new boss talks tough against issuing profit warnings late
NAIROBI, Kenya, Jan 31 - The Acting Chief Executive of Capital Markets Authority Wycliffe Shamiah has warned companies listed on the Nairobi Securities Kenya breaking news | Kenya news today |
Travel warning: Israelis in China should consider leaving
Israel's Foreign Ministry warns against traveling to China, says Israelis currently in the country should consider leaving.
Chinatown to ghost town: How coronavirus has struck fear at the heart of London
One person was shoved in the supermarket and told: 'Why are you here? Go back to your country, we don’t want your virus here.'
Govt to spend Rs 25 lakh cr to boost rural economy; over Rs 43K cr disbursed under PM-KISAN scheme
The government has provided over Rs 43,000 crore to more than 8 crore farmers under the PM-KISAN scheme and will spend Rs 25 lakh crore in coming years to boost the rural economy, President Ram Nath Kovind said on Friday.
Austria’s FMA Warns Against Swissinv24 Ltd
Austria's FMA has published a warning on its website this Friday against Swissinv24 Ltd, an alleged provider of trading platforms.
Work underway to build 29 new homes in Bedminster
The development is set to be completed early next year
Strategic strata moves rattle Melbourne's city grid
In an intriguing start to the year for the CBD strata market, property developer Salta has snapped up a second floor in a seven-storey building on Exhibition Street.
Homes with view of St James' Park proposed as part of Newcastle city centre development
Plans for 66 flats on the Newcastle Helix site outline innovative scheme for flexible housing
Volatility In SmileDirectClub Likely To Continue So Waiting To Buy May Be Best
SmileDirectClub, Inc went public in September 2019 as a unicorn, being valued at over $5B.While margins are showing improvement, net margin is still negative mainly due to high customer acquisition co
UC Berkeley had to apologise for saying anti-Chinese xenophobia is a 'normal reaction' to the coronavirus
UC Berkley is attracting backlash for calling anti-Chinese xenophobia a “normal reaction” to the Wuhan coronavirus.
Market wrap: all the leasing and sales activity in and around Sydney
Sydney's inner south shines during leasing activity.
Telecom sector is bleeding! Will Modi govt offer relief in Budget 2020?
Budget 2020: Telecom industry has also demanded a reduction in levies, both licence fee and Spectrum Usage Charges (SUC). It has also asked the Centre to create an infrastructure bank that would raise tax-free bonds, the proceeds of which can be used to lend to the companies at lower rates.
SBI invests $20m in core banking-API integration firm OpenLegacy
Japan's SBI Holdings has invested $20 million in OpenLegacy Technologies, an American software firm that smooths API integration of core banking systems.
Pro-business policy critical to achieve $5 trillion economy, says Economic Survey
The Economic Survey 2019-20 says India’s aspiration to become a $5 trillion economy depends critically on promoting “pro-business” policy that unleashes the power of competitive markets to generate
Barli Asmara enters ready-to-wear market with latest collection
Barli Asmara may be known to you for his delicate and ultra-feminine bridal offerings, but the designer has now set foot into the world of affordable ready-to-wear clothes with his latest collection.
Thoom links up with Lil Asaf at a refugee camp in Beirut in new video
The Ammam-born MC makes his debut on The Astral Plane.
Budget 2020: Will govt increase investment limit under Section 80C?
Budget 2020: The limit of deduction available under Section 80C is Rs 1.5 lakh. Taxpayers expect FM Sitharaman to increase the limit to Rs 2.5 lakh
Qatar Petroleum announces fuel prices for February
Doha - Qatar Petroleum (QP) today announced the petrol and diesel prices for February.
Oyo cuts staff strength by about 2,000, exits 200 cities as part of restructuring
Oyo claims that although it has slashed a significant workforce, there has been a lot of support that the start-up has given to the employees who have been asked to leave
KK airport rep: 117 flights from China affected by Sabah govt’s temporary suspension over coronavirus outbreak
KOTA KINABALU, Jan 31 — A total of 117 weekly flights from 15 cities in China, as well as Taiwan and Hong Kong, have been affected following the Sabah government’s decision to temporary suspend all scheduled and charter flights from China to the state, effective yesterday. The 117 flights do...
The pound rises as the UK bids goodbye to EU — but experts say to brace for an up to 7% drop if trade talks falter
"If trade negotiations fail and the UK ends up with a delayed hard exit we would look for GBP USD to drop 5% to 7% taking us back towards $1.24," said one analyst.
Buzzy primary care company One Medica just popped in its stock market debut after raising $245 million in its IPO, Business Insider - Business Insider Singapore
Business Insider - One Medical is set to start trading Friday under the ticker "ONEM." One Medical was founded on the idea of making it easier to get medical care.. Read more at businessinsider.sg
Budget 2020: Why focus on wealth creation is good news for Indian economy
The Economic Survey 2019-20 has managed to hit the bullseye by focusing on wealth creation. It now remains to be seen whether the government provides the tools and environment required for the same.
Tims seeks to reclaim roots
Tim Hortons franchisees gathered in Calgary earlier this week and erupted into applause after corporate executives promised to help reframe the public's understanding that the chain is a Canadian company.
UK Bankers Would Like a Lie-In in the Mornings
People who make their money from other people losing theirs would like to be allowed to do so during more sociable hours, with those who ply trades on the UK's stock exchanges petitioning for a later start to their working days.
I visited London's famous Borough Market, and the food was so diverse that supermarkets now seem boring, Business Insider - Business Insider Singapore
Business Insider - It's one of the largest and most famous food markets in Europe, and you might recognize it from films like "Harry Potter and the Prisoner of Azkaban.". Read more at businessinsider.sg
Airtel and Telkom Appeal over Merger Conditions Set By Competition Authority
Airtel Kenya and Telkom Kenya have filed a review of their proposed merger to the Competition Authority of Kenya over merger conditions. In a review case no CT/005/2020 filed on 10th January 2020, the two entities want a review of the merger terms that were stipulated by the Competition Authority of Kenya (CAK) as conditions […]
Saskatoon street robberies up more than 20 per cent in 2019
Last year, 175 robberies were reported to police in Saskatoon. That is a more than 20 per cent increase over the 144 reported in 2018.
Economic Survey 2020: CEA Subramanian sees fiscal slippage in FY20
Subramanian said the country might have hit the trough in growth and expressed his confidence in achieving 6-6.5 per cent growth in fiscal year 2020-21
Vees planning ahead
The Penticton Vees have announced forward Quinn Hutson has committed to the team for the 2020/21 Centennial Cup hosting season.
Shoe Zone to close town centre store
A budget shoe retailer is to pull out of a west Suffolk town after reporting a slump in profits last year.
Foreign exchange reserves reach life-time high of $466.69 billion
In the previous week, the reserves had increased by USD 943 million to USD 462.16 billion
EU votes in favor of choosing a common charging cable standard
The European Union wants to vote on legislation by July at the latest.
Amazon set to blow past a $1 trillion valuation after topping analysts' earnings expectations, Business Insider - Business Insider Singapore
Business Insider - The company previously touted $1 trillion valuations in September 2018 and July 2019, though the milestones were quickly lost as shares tumbled.. Read more at businessinsider.sg
Russia's consumer safety watchdog, after reporting two cases, says virus won't spread
MOSCOW (Reuters) - The head of Russia’s consumer safety watchdog said on Friday, after the country reported two coronavirus cases, that there was no risk of the virus spreading further in the country.
Authorities confirm remains found in ‘18 are those of Arizona couple
Arizona authorities confirmed Thursday that two sets of remains found in the desert near the Virgin River Gorge area in 2018 are those of a Littlefield, Arizona, couple.
How are UK businesses coping with Brexit uncertainty?
Two businesses, two very different perspectives on how to cope with the lack of clarity around the EU-UK's future trading relationship.
EMBARRASSING: Website of Nigerian embassy in China last updated in 2013 despite coronavirus outbreak
The website also still parades Goodluck Jonathan as the president of Nigeria, even though he handed over to Muhammadu Buhari five years ago.
Reforms must take into account economic wellbeing
As we implement the wave of reforms flowing from the royal commission, it's important to ensure the health of the economic system.
ExxonMobil and Chevron report fourth-quarter earnings declines
US oil majors knocked by tighter margins, chemicals weakness and writedowns
Visa’s X-Border Investment Leads Week Of B2B Funding
Visa's investment in Currencycloud leads this week's B2B FinTech investment roundup, with other investors targeting logistics and blockchain startups.
Wilbur Ross Sees a Bright Side to Chinese Virus
Commerce Secretary Wilbur Ross suggested Thursday that the viral outbreak in China might offer an unexpected benefit for the U.S. economy: It could encourage American manufacturers in China to return to the United States.
Bitcoin Cash (BCH) Miners Gaming the Network Amid Low Transaction Volume
Despite attempts to improve the difficulty adjustment protocol for Bitcoin Cash (BCH), miners are still able to ‘game’ the network while transaction volumes remain significantly low.
U.S. lawsuits targeting Canadian growers up in the air
It's unlikely they'll ever get to court but they will garner public sympathy from consumers not at all happy with legalization – or the product
What Are Open Innovation Companies Really Looking For?
A longterm relationship with product developers who take the time to understand their business.
UC Berkeley had to apologize for saying anti-Chinese xenophobia is a ‘normal reaction’ to the coronavirus
UC Berkley is attracting backlash for calling anti-Chinese xenophobia a “normal reaction” to the Wuhan coronavirus.
Cott to sell S&D Coffee business for US$405 million
The sale is part of Cott's plan to focus on its water business.
Lebanon central bank chief says $1bn sent abroad
Protesters have accused bankers of complicity with the political class and suspect politicians of transferring funds abroad despite the restrictions and a prolonged local bank closure when protests first broke out.
Eco Survey gives positive outlook for steel, oil and gas sectors: Pradhan
The sector achieved a growth of 5.2 per cent during April-November period of the ongoing financial year as compared to 3.6 per cent in the year-ago period, it added
Greed, hubris and weak regulation: A year on from the Hayne royal commission, has anything changed?
The banking royal commission was badly needed, but it never went far enough. It was too short, and the terms of reference missed some critical areas.
Aviva stops investors from taking money out of Irish property funds
Investment vehicles have combined value of €940 million
Chinese tourists cancelling
Tour companies and hotels in destinations popular with Chinese tourists are starting to see cancellations after a new form of virus that has led to mass quarantines and more than 200 deaths in China.
These All Ords shares were sold off in January: Time to buy?
Kogan.com Ltd (ASX:KGN) and these All Ordinaries shares were sold off in January. Is this a buying opportunity?
Flight attendants sue Boeing over ‘toxic’ air inside plane
The lawsuit alleges contaminated air from the outside off the engines enters the cabin.
Stryker Humming Along, But Seems To Be Straining The Sell-Side
Stryker's fourth quarter was operationally excellent but more mixed next to ever-higher Street expectations.Mako continues to drive impressive growth in knees, and I expected a better year from the sp
Hangings of Delhi bus gang-rapists postponed
NEW DELHI, Jan 31 — The hanging of four men scheduled for tomorrow for a notorious gang-rape and murder on a Delhi bus in 2012 has been postponed “until further orders,” a court ordered today. The brutal attack on Jyoti Singh sparked weeks of demonstrations and shone a spotlight on the...
China car sector to take hefty first-quarter hit from virus but 2020 outlook not necessarily grim
The new coronavirus epidemic is likely to wreak havoc on China auto sales and production in the first quarter, but it is too early to push panic ...
Retail, residential sectors under reporting season spotlight
Performance of the retail and residential owners and developers will be under the spotlight in the upcoming earnings reporting season.
Statistics Canada says GDP edged up 0.1 per cent in November
OTTAWA — Statistics Canada says real gross domestic product edged up 0.1 per cent in November, reversing most of the decline experienced in October.
Scottish bus firm Alexander Dennis to build up to 600 buses for Irish operator
Larbert-based bus manufacturer Alexander Dennis has won a competition to provide as many as 600 hybrid buses for the Republic of Ireland’s National Transport Authority.
Economic Survey calls for USD 1.4 trillion spending on infrastructure
Finance minister notes that investment in infrastructure is necessary, as it affects the overall growth
HBC board backs bid
The board of directors of Hudson's Bay Co. has unanimously recommended shareholders support a sweetened offer to take the retailer private.
Vedanta profit rises 49% to Rs 2,348 cr in Q3 on the back of lower expenses
In a statement, the company said "attributable PAT (was) at Rs 2,348 crore, up 49 per cent y-o-y (year-on-year)"
Shakespeare North Playhouse appoints new chair
Max Steinberg has been chosen as the new chair of Shakespeare North Trust
Amazon sees face mask sales surge amid coronavirus fears
Packs of 50 disposable masks have been selling fast on the website.
Brexit is a ‘sea change’ for Europe, says Merkel spokesman
BERLIN, Jan 31 — Britain’s EU departure today marks a “sea change” for the bloc, Chancellor Angela Merkel’s spokesman said. “It is clearly a sea change for Europe because the UK was an important member of the EU for 47 years — nearly half a century,” said Steffen Seibert said at a...
Lalonde gets district nod
Alan Lalonde will begin a new post with the Central Okanagan School District in March.
Indian economy has hit ‘a trough’, hope to achieve 6-6.5% in 2020-’21, says chief economic advisor
The chief economic advisor pointed out that firms that had borrowed a lot of funds between 2008 and 2012 had invested less during the 2013-’17 period.
No fresh investment, redemption for mutual fund investors on Budget day
Mutual funds investors will not be able to make a fresh investment or sell their units on the Budget day because subscription and redemption are closed on Saturdays and Sundays, industry officials
Brookman: A smash in the face shouldn't keep us down for long
There is a quote from boxer Mike Tyson that reads, “Everyone has a strategy until they get smashed in the face.”There are very few people in Alberta who do not relate to that quote at t…
The little-known Buffett quote that guides my investing
The simple secret to evaluating winning businesses like Xero Limited (ASX:XRO) and CSL Limited (ASX: CSL)
Bitcoin Is Up 32% This Month – On Track for $152,000 Year-End?
As Jan 2020 ends, bitcoin is up 32% this month. As one analyst points out, if this continues every month, BTC will reach $152,000 by Dec.
Watch | Highlights of Economic Survey 2019-20
A video on India's Economic Survey 2019-20 which was tabled on January 31, 2020
The pound rises as the UK bids goodbye to EU — but experts say to brace for an up to 7% drop if trade talks falter
The British pound is trading slightly higher as Britain gets ready to leave the European Union tonight.
Genesco: Relatively Cheap And Aggressively Shrinking The Share Count
Shares of Genesco have greatly trailed the market over the last 12 months in spite of strong EPS growth.Comps have been relatively solid across the company's various brands.However, EPS growth is prim
Tertiary Students equipped with skills for the job market
news, story, article
'Why does everyone want to divide us?': EU presidents bid adieu to the UK – video
EU parliament president David Sassoli asks if British citizens were given enough information about Brexit
London-based Yumpingo raises over €9 million to help restaurants gather real-time feedback
UK startup Yumpingo, a one-minute instant review platform for restaurants, has raised over €9 million. The foodtech startup will use the funds to launch Yumpingo Pay, a new pay-at-table platform, and expand the company’s sales and operations internationally.
Collaboration tools are more popular than ever, but they have an insidious side
Are collaboration tools having a positive or negative impact on the way we work?
What you need to know if you’re an EU citizen living in the UK after Brexit
EU citizens who want to stay in the UK after Brexit will need to apply online for the EU Settlement Scheme
IBM turns to technologist chief for cloud computing battle
Arvind Krishna has already pushed group to catch up with cloud computing leaders
Design shows in China including Design Shanghai and Festival of Design postponed due to coronavirus outbreak
The organisers of Design Shanghai have delayed the trade fair until May, due to the coronavirus epidemic that has suspended travel in China, with a host of other event organisers following suit.
Sask. volunteers, staff reflect on fair trade store
"I also have to think of the positive things. When I started you could not find fair trade coffee in the grocery store, and you can now."
The pound rises as the UK bids goodbye to the EU — but experts say to brace for a drop of up to 7% if trade talks fail, Business Insider - Business Insider Singapore
Business Insider - If the UK ends up back with a so-called hard exit, "we would look for GBP USD to drop 5% to 7% taking us back towards $1.24," one analyst said.. Read more at businessinsider.sg
Staff share in €54m payout after US takeover of Decawave
Chipmaker gives new owner access to fast-growing market for Irish group’s technology
Goldman Sachs warns Wuhan coronavirus will hit US economic growth this quarter
Goldman Sachs warned on Friday that Wuhan coronavirus is likely to hit US economic growth.
Dutch extracted from China can be quarantined in their own homes
The Dutch people who will be extracted from the Chinese city of Wuhan over the weekend will be allowed to spend the two weeks long quarantine period - to make sure they are not infected with the new
Businesses see promising India-UK ties ahead after Brexit
Brexit: Leading trade organisations and Indian entrepreneurs in Britain see this as an exciting time for the India-UK trade and economic partnership to be taken to a new level
OIL: Buy The Bottom In Crude
Oil demand is the only part of the balance where the bears can make a potentially compelling case to sell oil – but the supply variables win out.Supply is currently being constrained by market partici
Cut in housing prices can clean up banks' balance sheets: Economic Survey
Pitching for correction in property prices, the survey said that housing prices are ruling at a high level, even as the growth in rates has been muted since 2015-16
Hong Kong-based Digital Asset Exchange Bitfinex Introduces Margin Trading for Tether’s New Gold-backed Stablecoin
Hong Kong-based digital asset exchange Bitfinex has introduced margin trading for Tether gold (XAU₮). Beginning on January 30, 2020, the exchange has confi
Amazon's Q4 revenue takes a 300 bps hit due to Diwali timing, Japanese tax
Firms says large part of impact was felt as Diwali season moved more into third quarter, boosting Q3 sales at the cost of Q4
A Much Better Alternative To Dollar-Cost Averaging
Warren Buffett himself seems to like the dollar-cost average approach to investing in stocks, but I am skeptical.Today, I test a simple alternative to DCA that has produced higher absolute returns and
South Korean evacuation flight arrives from Wuhan amid tension over quarantine centers
A charter flight carrying 368 South Koreans from Wuhan arrived home on Friday as tensions simmered around quarantine centers where they will be isolated, a plan vehemently opposed by nearby residents.
Blackpool council to fund children’s services by cutting up to 75 jobs
Council tax to rise by maximum 4% as local authority tries to address social care failings
Domestic milk intake down 5.7% in December
Domestic milk intake by creameries and pasteurisers was estimated at 243.8 million litres for December 2019, according to the CSO.
New York pension fund to review investments in coal companies
The New York State Common Retirement Fund has announced its plan to review investments for 27 thermal coal mining companies.
Economic Survey 2019-20 Tabled in Parliament, Sees Pick up in Growth
For the current fiscal, it projected a GDP growth of 5 per cent, the lowest in 11 years, and worsening job prospects.
Gold futures fall Rs 319 to Rs 40,656 per 10 gm
Gold prices on Friday fell by Rs 319 to Rs 40,656 per 10 gram in futures trade as participants cut down their positions in line with a weak trend overseas. On the Multi Commodity Exchange, gold
Coronavirus forcing Google, Apple to take precautionary measures
Silicon Valley is bracing for the coronavirus outbreak to impact its bottom line as Google closed its offices in China and Apple.
Acrelec announces $223 million investment from Glory to expand in-store quick service solutions
Acrelec, the global leader in customer experience technology for “quick service” restaurants and retailers, has announced plans for a $223 million investment by Glory Global Solutions. The funding is subject to review by Acrelec’s employee representatives and certain competition authorities. Acrelec has developed kiosks, drive-through and self-checkouts for many of the world’s best-known restaurants and […]
Mongolia bans Chinese, foreigners arriving from China
ULAANBATAR, Jan 31 — Mongolia said today it will ban Chinese nationals and foreigners coming from China by plane, train or road to prevent the spread of a deadly virus. The ban will be enforced from tomorrow until March 2, according to a government statement, which also said Mongolians will be...
Milan-based Supermercato24 raises €11 million to expand its e-grocery marketplace in Europe
Italian startup Supermercato24 has today announced raising €11 million to expand its e-grocery marketplace in its homecountry, as well as in Poland where it also has an office, and the rest of Europe.
Electricity consumers to pay more for prepaid meters
Electricity Consumers will have to pay more for prepaid meters as the hike in FG's Value Added Tax, VAT, from 5 to 7.5 per cent, begins in ...
Economic Survey 2020: FTAs have been beneficial, insecurities over trade deals misplaced
Last year, India backed out of the proposed free trade agreement under RCEP that comprises 16 countries in the larger South East Asian region after some of its key concerns were not addressed
Trade body at variance with ISMA over sugar production estimate
All India Sugar Trade Association sees sugar output falling to 27 million tonnes; This is higher than ISMA's estimate of 26 million tonnes for 2019-20
Look for New Highs From CSX Stock as the Economy Heats Up
As goes the economy, so goes CSX stock, and the economy is only going to improve over the next few quarters.
Brexit finally happens: UK officially ends 47-year EU membership
Following more than three years of political divisiveness fueled by a long stint of uncertainty, two general elections and countless furious protests in...
It could be up to three years before a coronavirus vaccine is accessible, Canadian scientists say
The team at the International Vaccines facility are in preliminary stages of developing a prototype and say it could be a year before the vaccine is ready to test on humans
The Tax Break the IRS Is Begging You to Take
Millions of taxpayers are eligible but choose not to claim the thousands of dollars this tax credit offers.
‘New dawn for Europe’ hailed as UK quits union
BRUSSELS — The EU’s three chiefs hailed Britain’s departure from the bloc on Friday as “a new dawn for Europe”, warning London would not keep the benefits of membership when it leaves.
Household lending grows for third consecutive year - Central Bank
Home lending drove growth in the figures but private sector lending fell
My group of friends has a new member – I can't stand him. What can I do?
Everyone else in my circle loves him, but we clash all the time. Now I dread going out and socialising as I know he’ll be there
First Cases of Coronavirus Confirmed in Russia
Both patients are Chinese nationals
Property where Johnny Cash, June Carter Cash once lived sold
HENDERSONVILLE, Tenn. — The lakefront property in Tennessee where Johnny and June Carter Cash lived for more than 30 years has been sold for $3.2 million.The Hendersonville Standard first reported . . .
More and More Britons Seeking EU Passports Every Year After Brexit Vote
Political and economic turbulence aside, Brexit is poised to have a massive impact on Britons’ everyday lives, potentially impacting international travel and the right to live in the EU. Many have sought to avoid scenario this by getting an EU passport.
Ramaphosa orders SIU to probe IFMS project
President Cyril Ramaphosa reportedly instructs the Special Investigating Unit to investigate the bungled National Treasury IT project.
Crowded festival season fuels coronavirus anxiety - VnExpress International
A buffalo-fight and poetry events have all been cancelled amid fears Vietnam’s festival-packed lunar January may increase coronavirus infection.
7.3% Yield, Monthly Pay Opportunity From HFRO
Most fixed income products are getting expensive, including preferred stocks and bonds.Yet we keep finding nice opportunities for fixed income investors.HFRO has traded flat recently while most fixed
10 things you need to know before the opening bell, Business Insider - Business Insider Singapore
Business Insider - This is what traders are talking about.. Read more at businessinsider.sg
3 Big Things Today, January 31, 2020
Corn and soybean futures were little changed amid concerns about the coronavirus.
How individuals decide between self-interest and commitment to a group
In conflicts that occur simultaneously within and between groups, who would, when and why put aside their own interest to stand up for the interest of the social group he or she belongs to? Recent findings ...
Be flexible: Islamic party lawmaker wants Indonesia to export cannabis
Indonesia, which has one of the strictest drug laws in the world, bans the use and possession of marijuana.
Three Irish citzens evacuated from China amidst coronavirus
The World Health Organisation declared the coronavirus outbreak a global public health emergency yesterday. Three citizens have since evacuated china.
Evening news briefing: Dec 16 gangrape convicts won’t be hanged tomorrow, Economic Survey 2020; and more
From explaining what is the Economic Survey's strategy for boosting the wealth creation, to Jawaani Jaaneman movie review, here are the top news this evening
SK Hynix to make deep capex cut as virus spread threatens chip output
South Korea's SK Hynix , the worlds' No.2 memory chip maker, warned a new virus outbreak in China could pose a threat to chip production and said ...
Writers Guild hopes new streaming laws will reverse 'service industry' trend
TORONTO - Amid talks about regulating foreign streaming services in this country, the Writers Guild of Canada is sounding the alarm on what it says is a tro
Top U.S. fund firms split over new limits on shareholder votes
BOSTON (Reuters) - Pending U.S. securities rules that would limit shareholder proposals have divided passive and active U.S. fund firms as some take a harder line on issues like climate change.
Suffolk mum to open new high street shop
A brand new eco friendly shop is set to open its doors in a Suffolk market town next month.
GENOMICA is developing new Wuhan coronavirus diagnostic kit
GENOMICA, a wholly owned company of PharmaMar Group, is developing a kit to reliably detect and identify the new virus known as "Wuhan pneumonia" (coronavirus 2019-nCoV).
Mild in Las Vegas Valley with weather change coming Sunday
An outdoor Super Bowl party might be a risky in the Las Vegas Valley as gusty winds are expected, the National Weather Service says.
Kevin Greenard: Decline in the value of your cash savings
The average life expectancy for females and males in Canada is 84 and 80, respectively. Many people are living well into their 90’s, resulting in many retirees having to update financial plans . . .
Amateur Skywatchers Discover New Form of Northern Lights - Video
The Northern Lights, which is scientifically called the Aurora Borealis, is a natural phenomenon, mainly seen in high-latitude regions.
Air New Zealand update on Shanghai services
31 January 2020
This Industrial Giant Is Giving Up and That's a Good Thing
After years of trying to turn things around, it's finally time to say goodbye to a struggling sector.
HUL reshuffles top management team
Narasimhan would replace Priya Nair, currently Executive Director - Home Care who moved as Executive Director - Beauty and Personal Care
Goldman Sachs warns Wuhan coronavirus will hit US economic growth this quarter, Business Insider - Business Insider Singapore
Business Insider - Fewer Chinese tourists and a drop in US exports to China could weigh on the economy.. Read more at businessinsider.sg
Muslim hatred flares up
Quebec cabinet ministers are speaking out about a deluge of hateful comments posted to the premier's Facebook page after he published a message in support of the province's Muslim community.
5 ASX growth shares to boost your portfolio performance
Here's why I would pick A2 Milk Company (ASX: A2m) shares and these 4 other ASX shares to boost your portfolio performance.
ATA urges the Senate to vote 'no' on the Cash Ban Bill
"Some incredibly insightful individuals testified at the Cash Ban hearing on Thursday. The message was clear: any restriction on cash is an attack on economic freedom. Australians should be allowed to make legal purchases with the legal tender of their choice instead of being forced onto the banking system."
Economic Survey: Why erosion of taxpayers’ money in PSBs is a much deeper issue
While the Economic Survey helps in quantifying the loss, it fails to point out the graver issues at hand
Three major trade unions to jointly fight for enhancement of minimum wages
‘State government dilly-dallying over release of order on the issue’
Budget 2020: James Wilson, the man who brought budget, income tax to India
Budget 2020: When James Wilson introduced the Income Tax, the act severely impacted the mood of the businesses as well as the feudal lords
Government must unleash bold reforms to achieve 6-6.5% growth in FY21, say experts, industry
The chamber said as the Economic Survey is a precursor to the Union Budget, it expects some of the bold reforms highlighting trust, entrepreneurship and primacy of the market to be reflected in the Budget announcements. Leader Economic Advisory Services at PwC India Ranen Banerjee said attaining the projected growth rate of 6-6.5% will be challenging.
Bitfinex Users Can Now Trade Tether Gold Stablecoin Against Bitcoin
After launching trading of gold-pegged stablecoin Tether Gold last week, Bitfinex cryptocurrency exchange now allows users to trade Tether Gold against Bitcoin.
The pound rises as the UK bids goodbye to EU — but experts say to brace for an up to 7% drop if trade talks falter
The British pound is trading slightly higher as Britain gets ready to leave the European Union tonight.
ISRO readying low-cost satellite launch vehicles worth Rs 30-35 cr
ISRO has planned some 500 Polar Satellite Launch Vehicle launches in the next five years, a press release quoting Haridas said
ING the second Netherlands bank to turn to negative savings interest
Banking institution ING has become the second bank in the Netherlands to charge a negative interest rate on certain savings accounts. Customers will face a -0.50 percent interest rate for any amount
Democrats hope to pass supplemental spending bill next week
House Majority Leader Steny Hoyer sets a date to consider the emergency supplemental spending bill and says they will fight for $4.67 billion against the opposition of the Trump government
Do Not Put Ocean Power Technologies Stock in Your 401k
The Ocean Renewable Energy Action Coalition just launched. As a result, is Ocean Power Technologies and OPTT stock worth a look?
Ukraine sunseed, rapeseed harvest rises in 2019
KIEV, Jan 31 (Reuters) - Sunflower harvest in Ukraine, the world's biggest sunflower oil exporter, rose by 7.7 percent to 15.3 million tonnes in 2019, the state statistics service said on Friday.Ukraine has increased its sunoil exports by around 60% so far in the September 2019 to August 2020 season, to 1.96 million tonnes. It exported 6.063 million tonnes in the 2018/19 season, according to the Ukrainian sunoil producers' association.
Medal for former ECB chief Draghi divides Germans
Months after the end of his term as president of the European Central Bank, Italian economist Mario Draghi will receive Germany's highest honour ...
Fear grows as person-to-person transmission of coronavirus rises globally
With the sixth coronavirus case confirmed in the southern German state of Bavaria on Friday, questions have arisen about whether the virus can easily be...
Holiday spots in southern Thailand face hard times after coronavirus outbreak
PHANG NGA (Thailand), Jan 31 — Thai tourist boat company “Love Andaman” is facing a bleak February after China banned all outbound group tours this week to try to contain the coronavirus outbreak. China is Thailand’s biggest source of foreign tourists, accounting for 28 per cent of the 39.8...
Where’s Wendy?
Paradise Valley Hotel 249 Belgrave-Gembrook Rd, Clematis (03) 59684037 By WENDY HARGREAVES, fiveofthebest.com Why does a pub meal taste even better when you take a day trip to find it? On this occa…
367 S.Koreans evacuated from Wuhan arrive in Seoul
SEOUL: A charter flight carrying 367 South Koreans from Wuhan, the epicentre of a virus outbreak in China, landed at the Gimpo International Airport on Friday, South Korea’s foreign ministry said.
Dec core sector growth recovers to 1.3% on higher coal, fertiliser output
Production of crude oil, natural gas, and electricity contracted in the month under review
Chinese residents face jail if they slam country’s coronavirus response
Speaking ill of Beijing’s response to the deadly coronavirus outbreak could land China residents in jail. WeChat, the Chinese social-media
Tesla Management Talks Cybertruck, Model Y, Coronavirus, and More
Don't miss these must-read quotes from the electric-car company's fourth-quarter earnings call.
'A really shameful episode in our history': Legendary Watergate reporter Carl Bernstein accused the GOP of a cover-up over Trump's impeachment, Business Insider - Business Insider Singapore
Business Insider - Bernstein ripped on Senate Republicans for refusing to hear potentially damaging new evidence in Trump's impeachment trial.. Read more at businessinsider.sg
The pound rises as the UK bids goodbye to the EU — but experts say to brace for a drop of up to 7% if trade talks fail
If the UK ends up back with a so-called hard exit, "we would look for GBP USD to drop 5% to 7% taking us back towards $1.24," one analyst said.
US GDP reverses rout ahead of gap risk
Higher than expected US GDP growth helped turn a European share rout into a US rally overnight. However a weaker inflation component to the national accounts spurred bonds higher. Industrial commodities fell further, and gold held higher ground, in clear signs of concern. Cautious Asia Pacific trading is possible ahead of key event risk over the weekend.
TSMC says business as usual; Facebook acts on coronavirus hoaxes
Apple A-series chip supplier TSMC has said that production in its Chinese facilities remains on track despite the coronavirus outbreak impacting output ...
EUR/GBP on the defensive around 0.8400 ahead of Brexit
The continuation of the buying interest around the quid is forcing EUR/GBP to recede further ground and briefly test the area of 2020 lows near 0.8385
Chhattisgarh CGPSC Prelims admit card released: How to download, exam pattern
Chhattisgarh CGPSC Prelims admit card: The preliminary exam will be held on February 9. Those who clear the exam will be called for CGPSC Main to be held on June 17 to 29 followed by interview.
The worst start to a new year since 2016 – Rabobank
The CEEMEA currencies are on track to end January on the back foot marking the worst start to a new year since January 2016, writes Piotr Matys – Seni
USD/JPY pares early gains, turns flat below 109 ahead of US data
The USD/JPY pair struggles to make a meaningful recovery on Friday as investors continue to stay close to safe-haven assets such as the JPY amid heigh
London is Europe's best city to invest in and Manchester moves into the top 30 on the
London kept second place globally and first in Europe in the annual chart, which measures the attractiveness of major cities around the world for real asset investing.
SBI profits zooms 41% to ₹5,583 crore in Q3
State Bank of India, on Friday, reported a robust 41 per cent jump in net profit at ₹5,583 crore in the third quarter ended December 31, 2019, along with an improvement in asset quality. The bank sa
Brexit Day: Businesses see promising India-UK ties ahead
Leading trade organisations and Indian entrepreneurs see this as an exciting time for the India-UK trade and economic partnership to be taken to a new level.
Global Run On Virus Masks Leaves US & Europe With No Supply
Global panic growing as virus spreads
137 countries start work on tax rules for tech giants; Tim Cook backs approach
Officials from 137 governments have begun work on new international tax rules for tech giants. The new rules will be designed to ensure that tech ...
Working to get them home
Prime Minister Justin Trudeau says the federal government is going through a "deliberate process" to airlift nearly 200 Canadians out of the epicentre of the novel coronavirus outbreak in China, while other countries continue to get their citizens home.
Indonesia: Year in review 2019
Indonesia recorded year-on-year (yoy) growth of 5.02 percent in the third quarter of 2019, slightly down on earlier projections of 5.1 percent, as well as on second quarter levels of 5.05 percent yoy. This figure was the lowest rate of growth since mid-2017, as investment, household spending and government spending all saw subdued growth.
India’s Supreme Court allows Sarda Mines to resume mining in Odisha
The Supreme Court of India has allowed Sarda Mines to resume mining operations in the state of Odisha if it pays INR933m ($139m) in environmental fine.
Fiscal deficit hits 132% of estimate till Dec on slow revenue collection
The government aims to restrict the gap at 3.3 per cent of the GDP or Rs 7,03,760 crore in the year ending March 2020
The daily business briefing: January 31, 2020
Brexit day arrives, Amazon shares surge, and more
Boeing Credit Rating Slashed Amid Plane Maker’s Ongoing 737 MAX Fiasco
Moody's warns Boeing also remains
EUR/JPY flirts with the 100-day SMA near 121.30
The better tone surrounding the European currency is sustaining the uptick in EUR/JPY to the 120.30 region, where sits the initial barrier at the 100-
World Bank calls for stronger tax collection to bring 115 million Indonesians into middle class
World Bank acting country director for Indonesia Rolande Pryce said the government’s plan to relax corporate income tax, among other things, would reduce the tax-to-GDP ratio by 0.5 percent. Indonesia’s tax to GDP ratio stands at 10.7 percent in 2017, the lowest among regional peers.
Toll fares on PLUS highways reduced by 18% from Feb 1 – no change in rates until concession ends in 2058
As agreed under the terms of its concession extension, PLUS has announced that it will implement the 18% reduction in toll rates as defined by the
Economic Survey 2020 explains why the rich are good for economy
Economic Survey 2020: Survey says wealth created by entrepreneurs correlate strongly with wealth created by employees, and that greater wealth creation in a market economy enhances welfare for all
Nirbhaya case: Delhi court defers execution of convicts until further orders
All the convicts were to be hanged on February 1.
‘Rich people own stocks. Poor people own houses’
A roundup of what The Globe and Mail’s market strategist Scott Barlow is reading today on the Web
Thinking of upgrading your parlour? Here are some options to consider…
When upgrading your parlour, Dairymaster focus on optimising cow comfort and welfare and operator comfort and welfare.
Kenya travel agents urge public to postpone non-essential travel to China
The Kenya Association of Travel Agents urged travellers to put off non-essential travel to parts of China in the face of the deadly coronavirus.
Stage set for gradual recovery in broader markets over next year: Sunil Subramaniam, Sundaram MF
Things are not going to recover right from tomorrow but over the next three to six months, one can definitely see the underpins of an economic recovery, says Sunil Subramaniam, MD & CEO, Sundaram Mutual Fund.
As Trade Tensions Ebb and Chip Prices Recover MU Stock Is a Buy
After being battered by market forces and a trade war for over a year, Micron is positioned for growth, and that should propel MU stock.
Plug Power - Business Update Call Takeaways - Company Signs Third Anchor Customer
Discussing key takeaways from Thursday's business update call. Company reported FY2019 gross billings at the lower end of the projected range and guided for approximately 27% top-line growth and mater
Goldman Sachs warns Wuhan coronavirus will hit US economic growth this quarter
Goldman Sachs warned on Friday that Wuhan coronavirus is likely to hit US economic growth.
Bold reforms needed to achieve 6-6.5% growth in FY21: Experts, industry
Leader Economic Advisory Services at PwC India Ranen Banerjee said attaining the projected growth rate of 6-6.5 per cent will be challenging
It Grows
Evil had a great holiday season: Amazon now has over 150 million Prime subscribers, the company announced in Q4 2019 numbers released on Thursday. The massive growth numbers sent the company’s market cap surging to over $1 trillion (£761 billion) and made CEO Jeff Bezos an estimated $13.2 billion (£9 billion) in a matter of minutes.
What every Canadian investor needs to know today
A look at the morning’s market action
Housing corporations not building enough homes, regulator says
Housing corporations are still failing to build enough homes, according to a report by the Housing Corporation Authority, part of the Human Environment and Transport Inspectorate. The "State of the
Turkey has what it takes to gain competitive edge in esports, gaming expert says
From how to get into a career in the esports industry and advice for parents of game-crazy kids to what the future holds for Turkey, here's the 'GIST' of all things gaming
Infor strikes cost-saving partnership with Wellington-Altus
The partnership is a return to a full-service approach that’s worked in the past for founders of both Wellington-Altus and Infor, who came from large investment banks with significant wealth-management divisions
UK and EU prepare for next Brexit phase - a trade deal
As London hopes for a "zero-tariff, zero-quota trade agreement" post-Brexit, Brussels is insisting on a "level playing field". Meanwhile, British bankers are counting on maintaining their access to E…
Economic Survey: 5,151 smart city projects at various levels of execution
On Pradhan Mantri Awas Yojna-Urban (PMAY-U) programme, the Survey said the scheme was launched in June, 2015 to provide "pucca" house with basic amenities to all eligible urban poor
How major US stock indexes fared Friday
Stocks fell sharply on Wall Street Friday as investors feared that a virus outbreak that originated in China will dent the global economy. Technology companies, which do a lot of business with China, led the losses. Airlines fell after Delta and American suspended flights to and from China. The sell-off erased the S&P 500’s gains …
How African countries are responding to Coronavirus
Beijing’s push to expand its influence on the youthful African continent means Africans now make up the second-largest population of foreign students in China, behind those from elsewhere in Asia, a
Do You Possess the Personality Traits of a Diehard Entrepreneur? A Decade of Research Will Tell You
Researchers agree. Entrepreneurial personality types have these 7 qualities in common. Can you relate?
Amazon CEO Jeff Bezos added $13.5 billion to his fortune in 15 minutes
Jeff Bezos may have been the only ultra-wealthy billionaire who failed to get richer in 2019, but he’s making up for it in 2020.
Focus on trade talks as island of Ireland prepares for Brexit
Protests and celebrations will be held in Northern Ireland as the UK leaves the EU
Market LIVE: Sensex, Nifty subdued as Economic Survey throws fiscal, economic challenge for government
Around 3.15 PM, S&P BSE Sensex was trading 0.51 per cent or 209 points lower at 40,703.84 while broader Nifty 50 index breached the crucial 12,000-mark and was ruling at 11,955 points
Notable turnaround in mineral production due to policy reforms: Survey
India produces as many as 95 minerals which include 4 hydrocarbon energy minerals, including coal and lignite; 5 atomic minerals, 10 metallic, 21 non-metallic and 55 minor minerals.
Tourism Vancouver strengthens Asia Pacific expertise appointing GAO Group as new agency
VANCOUVER, BC, CANADA - Tourism Vancouver announced the appointment of a new agency, GAO Group International, to support regional sales efforts in Asia Pacific. Effective January 2020, GAO Group will be Tourism Vancouver’s official agency offering their services to support the organization’s Asia Pacific corporate incentive business development programs. From GAO Group’s head office in Melbourne and their regional office in Shanghai, they are perfectly positioned to promote Vancouver as a must visit Incentive Travel destination across the broader region. GAO Group
Let's move on: EU wants to keep big role after Brexit
As the United Kingdom prepared to bring to an end its 47-year EU membership, the bloc's top officials on Friday pledged to continue playing a prominent role "in the ever-louder cacophony of the world," despite the loss of a powerful affiliate.
American Airlines, mechanics union reach tentative US$4.2 billion contract deal
American Airlines Holdings Inc and its mechanics union announced tentative joint collective bargaining agreements on Thursday covering five ...
Thailand confirms first human-to-human coronavirus transmission
BANGKOK, Jan 31 — Thailand has seen its first case of human-to-human transmission of the new coronavirus inside the country, a health official said today, as it raised its total number of cases to 19, the second-highest after China. The first patient to contract the virus inside Thailand is a...
Cover brief for The Oklahoman's Business section on Jan. 31, 2020
WOODWARD Chemical plant evacuated in gas leak No injuries were reported as part of a hydrogen chloride leak at a chemicals plant that forced an emergency evacuation Thursday afternoon. Erin Hatfield, spokeswoman for the Oklahoma Department of Environmental Quality, said the agency was informed by the City of Woodward/Woodward County Office of Emergency Management that no one had been hurt. Hatfield said local emergency management officials told the agency the leak was caused by a valve malfunction at Deepwater Chemicals. Hatfield said DEQ was informed that the valve released the colorless gas into the plant's stack, prompting an evacuation order issued about 2:35 p.m. The gas, when exposed to
Too soon to tell economic impact of Wuhan coronavirus on China: IMF chief
It is still too soon to gauge the economic impact of the virus outbreak on China's economy, beyond the first three months of the year, ...
ABN Amro signs cloud and DevOps deals with Indian vendors Infosys and TCS
Infosys has signed a multi-year, multi-million euro contract with ABN Amro Bank to accelerate its cloud and DevOps transformation journey. The Dutch bank has also signed a separate cloud migration and DevOps deal with fellow Indian vendor Tata Consultancy Services.
Lambert on deadline day deals, being priced out of the market, Downes and Woolfenden and a loan for Dobra
Ipswich Town boss Paul Lambert hasn't ruled out a late move before tonight's transfer deadline but admitted he has been priced out of adding to his squad during the January window.
Sensex drops 190 points; Nifty ends below 12K
All eyes have now turned to the Union Budget, scheduled to be presented on Saturday.
Friday’s small-cap stocks to watch
Our roundup of Canadian small-caps of between $100-million and $2.5-billion in market capitalization making news and on the move today
India forecasts faster economic growth, warns of fiscal challenge
The government estimates GDP will grow 5% this fiscal year, which ends on March 31. That would be the slowest growth since the global financial crisis of 2008-09
Woqod opens Sealine petrol station
Qatar Fuel “Woqod” yesterday opened Sealine petrol station, raising its network of fixed and mobile petrol stations to 103.
Hong Kong stocks close lower
HONG KONG, Jan 31 — Hong Kong shares closed down today, shedding their earlier gains and adding to a dismal week on one of Asia’s biggest bourses. The benchmark Hang Seng Index fell 0.52 per cent, or 136.50 points, to close at 26,312.63. Mainland Chinese markets were still closed for the...
A new exhibition explores masculinity, from the tough to the tender
The Barbican’s Masculinities show offers a journey through the complexity of modern maleness
The EU’s Risky Green Taxonomy
European Union member states and the European Parliament are soon expected to adopt a so-called “taxonomy” for classifying green investments, after reaching an agreement last month on a list of “sustainable” economic activities. Once the new system enters into force, most likely this year, the European Commission will use this list to determine which financial assets and products are sustainable. This taxonomy is the backbone of the Commission’s regulatory package on sustainable finance, which has the ambitious goal of “reorient[ing] capital flows towards sustainable investment, in order to achieve sustainable and inclusive growth.” The Commission hopes that the new labelling scheme will address the problem of market players “greenwashing” non-sustainable financial products and serve as the basis for policy incentives to promote sustainable investment. To be fit for purpose, however, the taxonomy must address three important questions. Unfortunately, the EU’s one-dimensional approach disregards two of the three…
Dargaville pontoon to be upgraded
Rt Hon Winston Peters
House Prices, Rent Dip In Nairobi As Landlords Become Less Demanding
House prices and rents in Nairobi dropped marginally for the year 2019, a new study by realtor HassConsult has revealed.According to the study, rents dipped by 2.1 per cent in Nairobi while those
5 things about India you probably didn't know before Friday's Economic Survey
The Survey highlighted that there are quite a few signals that the Indian economy may have bottomed out.
Economic survey: Slowdown bottomed out, uptick from here onwards, says CEA
The Economic Survey 2019-20, prepared by a team lead by Subramanian, has projected the GDP to expand in the range of 6-6.5 per cent during 2020-21
1% Bitcoin No Longer ‘Crazy’ for Portfolios, Says Morgan Creek CEO
Morgan Creek founder and CEO Mark Yusko says Bitcoin is one of the most asymmetric assets he has ever seen in his career as a fund manager.
Economic Survey 2020 to give roadmap for $5 tn economy
Coming at a time when India's nominal economic growth, not adjusted for inflation, has been the worst in 42 years, the Economic Survey, to be presented in parliament by around 12.30 pm, is hugely
Rly passenger volume up by 1.85%, freight loading rose by 5.34% in 2018-2019: Eco Survey
Commenting on the cleanliness parameters of the national transporter, the survey stated that for railways which covers over 8,700 stations and carries around 230 lakh passengers daily with clientele of varied socio-economic backgrounds, cleanliness was a continuous process.
How Turkey can gain the edge in esports: An interview with Meriç Eryürek
From how to get into a career in the esports industry and advice for parents of game-crazy kids to what the future holds for Turkey, here's the 'GIST' of all things gaming
Rail passengers in East Suffolk face weeks of bus trips during track work
Rail passengers in east Suffolk face three weeks of disruption from Monday when Network Rail starts a major resignalling programme on the lines between Lowestoft and Norwich.
Eurozone economy barely grows in Q4 as France, Italy shrink
BRUSSELS — The eurozone economy, made up of the 19 countries that use the euro, barely grew in the final quarter of 2019 as both France and Italy contracted, official figures showed Friday. In its first estimate for the quarter, statistics agency Eurostat said the eurozone grew by only 0.1% from the previous three-month period. …
Oklahoma business briefs for Jan. 31, 2020
OERB hits training milestone The Oklahoma Energy Resources Board has trained 17,000 teachers to use free energy curricula the organization offers to promote oil and gas-related science, technology, engineering, math and arts skills to their students, it has announced. Officials said the organization celebrated reaching that milestone as part of a workshop it held this month for more than 100 teachers at Cushing High School. The organization hosts 14 workshops to train teachers interested in using its curricula annually. Participating teachers receive free supplies associated with each course, plus a $50 stipend for attending the workshop.
1 in 4 Akl Upper Harbour homes go to resident-visa holders
A quarter of all home transfers in Auckland’s Upper Harbour were to NZ-resident-visa holders in the year ended December 2019, Stats NZ said today.
How to remove a big obstacle to buying a house: debt
It’s not impossible to buy a house if you’re in debt, it’s just more challenging. Here are some steps to take.
Virus poses stark challenges to Abe's tourism goals as Tokyo Olympics loom
The coronavirus outbreak is posing myriad challenges for the Japanese economy, including a key Abe administration policy initiative — the promotion of inbo
Rural students spend more than urban counterpart on books, stationery, uniform: Eco Survey
As per the Economic Survey 2019-20 tabled in the Parliament by Finance Minister Nirmala Sitharaman, the absence of suitable financial support system and high burden of course fee, especially in higher education, pushes the poor and underprivileged out of the education system.
Revitalize Wellness bags best spa award for Africa
Congratulations
Trump appears to mock Pelosi by handing out pens during USMCA signing
The president laughed as he handed out pens, appearing to mock House Speaker Nancy Pelosi, D-Calif., for a gesture many saw as distasteful.
Eco Survey has right vibes; will Budget reflect same thinking, asks D-Street
Here is what economists and analyst read into the fine prints of the survey.
Franco-British trade: Brexit and the uncertain future of the Entente Cordiale
Right now, the European Union is the UK's largest trading partner, with France and Britain in particular enjoying extremely close economic ties. But can that continue post-Brexit? With the nature of…
Daily Deal: FenSens Smart Wireless Solar Powered Backup Camera
The FenSens Smart Wireless Solar Powered Backup Camera is perfect for any car with a truly 100% wireless aftermarket option for...
Let’s talk shopping; At the Go Glam Shopping exhibition in Coimbatore
Entrepreneurs from the region make a good show at the ongoing Go Glam Shopping exhibition
Irish PM says EU, Britain not that far away on trade
DUBLIN (Reuters) - The European Union and Britain are further apart in rhetoric than substance as they begin future trade talks, Irish Prime Minister Leo Varadkar said ahead of Britain’s departure from the bloc on Friday.
State of coronavirus in B.C.
B.C. Health Minister, Adrian Dix and health officer Bonnie Dix held a joint press conference Friday to update British Columbians on the latest coronavirus information.
Market Wrap, Jan 31: Sensex tanks 190 pts, Nifty below 12K ahead of Budget
State Bank of India posted a 41 per cent year-on-year growth in the standalone net profit at Rs 5,583 crore - its highest ever quarterly net profit-- for the December quarter of FY20
German fund acquires planned office space on former PJ Carroll’s site
Deal sees Union Investment forward fund property which US group Hines is developing
Let's move on: EU wants to keep big role after Brexit
BRUSSELS (AP) — As the United Kingdom prepared to bring to an end its 47-year EU membership, the bloc's top officials on Friday pledged to continue playing a prominent role “in the ever-louder cacophony of the world," despite the loss of a powerful affiliate.In a text published by several European media outlets, EU commission president Ursula von der Leyen, Parliament president David Sassoli and Council president Charles Michel expressed their regrets to see Britain leave but also sounded eager to turn the page, saying the U.K.'s departure marks “a new dawn for Europe.
Paper plant destroyed by massive fire reopens in Elmwood Park
Exactly one year later, the Marcal Paper Plant reopened after being destroyed by a massive fire in Elmwood Park, New Jersey.
QFMA to further boost Qatari capital market: CEO
The Qatar Financial Markets Authority (QFMA) is working to further improve the performance of Qatar’s capital market, which has previously been ranked among top 10 financial markets in the world in various indicators related to measuring capital market performance.
Johnson & Johnson ordered to pay US$344 million over pelvic mesh claims
A US judge on Thursday ordered Johnson & Johnson to pay $344 million for false and deceptive marketing of pelvic mesh products used by tens of ...
Megallan Midstream reports weaker net income for fourth quarter, year over year
TULSA — Market-to-market commodity-related adjustments pushed Magellan Midstream Partners’ net income lower in the final quarter of 2019, the company reported on Thursday. Before markets opened, the company reported it earned a fourth-quarter net income of $286.4 million, or $1.25 per unit, on total revenues of about $740.7 million. In the fourth quarter of 2018, it had earned a net income of $314.1 million, or $1.38 per unit, on total revenues of about $865.7 million. Company officials said Magellan’s distributable cash flow for the fourth quarter of 2019 was a record $357.8 million, compared to $302.4 million the same period the previous year. As for the full year, Magellan reported a net income of about
Short-term labour shortages on cards for Suffolk and Norfolk farms post-Brexit
East Anglia's farmers are set to count the cost of Brexit with a labour squeeze and higher costs - although there will be opportunities to develop stronger domestic supply chains, a report suggests.
High-ly potential commodity? Lawmaker from conservative PKS party suggests Jokowi administration should export marijuana
Might we be looking at the dawn of weed legalization in Indonesia?
Coronavirus: 400 Indians to be airlifted from Virus-hit China
China has imposed a lockdown in the city following the outbreak of the virus
Podcast: Economic Survey (Round-up)
The Economic Survey stated that the Indian economy is expected to grow 6-6.5 percent in 2020-21.This GDP growth forecast is seen as somewhat ambitious, given that Indian economy is widely expected to
'Old Slogans and Old Cliches': India's Ex-Finance Minister Slams Gov't Approach to Economic Slide
New Delhi (Sputnik): The Indian economy's growth rate witnessed a six-year low in the second quarter (July-September) of 2019; the Reserve Bank of India has cut the year's growth projection to 5 percent from the 6.1 percent projected in October 2019.
Macy's: An Iconic Brand Is Trading At A Discount
When an icon is on sale, you buy it.Macy's offers a dividend yield above 8%. The dividend is well covered with a payout ratio below 50%.Macy's online strategy is paying off. The iconic name helps both
New Great Dyke platinum mine opens
Great Dyke Investments yesterday started mining on its Darwendale concessions after years of preparation.
How ‘Embedded’ Payment Providers are Transforming Fintech
Behind-the-scenes payments providers could be moving Big Tech further toward financial services.
Market Highlights: Sensex slips 190 points, Nifty ends below 12,000 ahead of Budget 2020
Share Market, Stock Market Highlights: Everything that happened in the markets.
Barneys in Legal Battle With Ex-Employees Over Severance Claims
The company calling them "improperly classified claims."
Budget session should be focused on economic matters: PM Modi
He also said that the session should be focused on economic matters and how India can take advantage of the current global economic situation.
Is India's GDP growth overstated? Economic Survey counters Arvind Subramanian, others
Beginning from Arvind Subramanian, several economists and international agencies have raised doubts over India's GDP growth rate figures in past one year. The Economic Survey 2020-21 rejects the charge.
Triodos Bank CEO: 'Bankers should be eco-warriors'
Presenting at the Bristol Distinguished Address Series, Dr Bevis Watts, chief executive of Triodos Bank UK spoke on the essential role banking must play in driving action on climate change.
Kobe Bryant: Helicopter company not certified to fly in foggy weather
The Island Express Helicopters, the charter company whose helicopter crashed and killed basketball star Kobe Bryant, his daughter and seven
Meet The Imperial Japanese Plane That Terrified The Allies
The Zero was the pinnacle of Japanese technology.
USD/CNH now eyes the 7.04 area – UOB
Following the recent price action, FX Strategists at UOB now see USD/CNH attempting a move to the 7.04 region in the next weeks. Key Quotes 24-hour vi
El Al Suspends Flights to China Due to Coronavirus Outbreak
The Israeli national airline follows British Airways, United, American, Air Asia, Finnair, Air India and Lufthansa in cancelling flights due to the epidemic • Flights to Beijing to resume on March 25.
Ripple Price Analysis: Following 8% Weekly Gains, Did XRP Finally Find The 2020 Bottom Against Bitcoin?
TL;DR XRP increased by a further 1.33% over the past 24 hours, resulting in a weekly increase of over 8%. Against Bitcoin, XRP rebounded from the support
As coronavirus spreads, so does anti-Chinese sentiment | Honolulu Star-Advertiser
In Japan, the hashtag #ChineseDon’tComeToJapan has been trending on Twitter. In Singapore, tens of thousands of residents have signed a petition calling for the government to ban Chinese nationals from entering the country.
Cutting down waste: Jakarta's traditional markets to drop single-use plastic bags by July
As an alternative, vendors are expected to educate and provide their customers with ecofriendly bags.
Need to address key challenges in farm sector for doubling farmers' income: Survey
Issues such as investment in agriculture, water conservation, improved yields through better farming practices, access to market, availability of institutional credit, increasing the linkages between agricultural and non-agricultural sectors need urgent attention, it said.
Economic Survey: Need to address challenges in farm sector to double income
The food processing sector is growing at an average annual growth rate of more than 5 per cent over the last six years ended 2017-18, it added
Focus on trade talks as island of Ireland prepares for Brexit
Protests and celebrations will be held in Northern Ireland as the UK leaves the EU
Final call to apply for CiTi’s Women in Business programme
Today’s the deadline to apply for CiTi's upskilling programme for female entrepreneurs in the Western Cape.
7 Lessons Learned from Rebranding Gone Wrong
Don't let your company's rebranding efforts go sideways: Heed these valuable lessons.
An American boxer was accidentally head-butted in a fight and suffered a gash so wide you could have stuck a nickel in it, Business Insider - Business Insider Singapore
Business Insider - JoJo Diaz boxed well over 12 rounds despite the wound, winning the IBF super featherweight world title from Tevin Farmer on a DAZN show in Miami.. Read more at businessinsider.sg
Eurozone Preliminary CPI rises 1.4% YoY in Jan, meets estimates
According to Eurostat’s flash reading of Eurozone CPI report, the annual reading came in at +1.4% in October, meeting expectations of +1.4% and +1.3%
Focus on trade talks as island of Ireland prepares for Brexit
Protests and celebrations will be held in Northern Ireland as the UK leaves the EU
Get Mannerisms, Gadget Master, the Daily and the Weekly, in newsletter form
Are you too busy to keep checking our blogs and news section? Let the content come straight to you! Easily digestible newsletter emails straight to your inbox.
Economic survey predicts GDP to be between 6 and 6.5%, wants government to deliver expeditiously on reforms to revive growth
The Economic Survey 2019-20 tabled in the parliament on Friday predicted the GDP growth between 6% and 6.5% in the fiscal year starting 1 April.
U.S. could face difficulties sanctioning Danske over money-laundering: report
COPENHAGEN (Reuters) - U.S. authorities could face difficulties fining Danske Bank (DANSKE.CO) over its involvement in suspected money-laundering in Estonia, according to a report by S&P Global Market Intelligence.
It Grows
Evil had a great holiday season: Amazon now has over 150 million Prime subscribers, the company announced in Q4 2019 numbers released on Thursday. The massive growth numbers sent the company’s market cap surging to over $US1 ($1) trillion and made CEO Jeff Bezos an estimated $US13.2 ($20) billion in a matter of...
Eurozone Preliminary GDP arrives at 0.1% QoQ in Q4, misses estimates
The Eurozone economy eased its pace of expansion at 0.1% on quarter in the three months to December of 2019, missing +0.2% expected, the first estimat
Legoland Discovery Centre is offering free entry in Birmingham - if you do a specific job
Next week from 3February, fire emergency service workers can receive free entry at Legoland Discovery Centre Birmingham for the duration of its Lego City: Report for Duty event
Baton Systems, Provider of “Blockchain-Inspired” Payments Software, Finalizes $12 Million Investment Round
Baton Systems, an established developer of "blockchain-inspired" bank-to-bank payments software and infrastructure for linking multiple different ledgers, has
A crocodile in Indonesia has had a tire stuck on its head for years — and there's a reward for anyone brave enough to get it off, Business Insider - Business Insider Singapore
Business Insider - Previous attempts to get the tire off, such as luring the crocodile using chicken and meat, have been unsuccessful.. Read more at businessinsider.sg
India must focus on network products to export like China: Economic Survey
Among the major Asian countries, India and Indonesia are the only ones with a trade deficit in such products
Josh King to Manchester United: Solskjaer says business is unlikely
Manchester United manager Ole Gunnar Solskjaer says he is not expecting any more transfer business on deadline day.
SBI profit jumps 41 per cent to Rs 6,797 crore in Q3 on lower provisioning
On a standalone basis, SBI's net profit jumped 41.2 per cent to Rs 5,583.36 crore in the third quarter of the current fiscal compared to Rs 3,954.81 crore during the corresponding October-December period in the same period a year ago.
New coronavirus outbreak affects tourism in Canada
Tour companies and hotels in destinations popular with Chinese tourists are starting to see cancellations after a new form of virus that has led to mass quarantines and 170 deaths in China.
Companies' Sensex tenure pared by 80% post liberalisation: Economic Survey
Higher dynamism has helped the emergence of new firms which have challenged the old order, survey notes
It stifles freedom: Economic Survey cautions Modi govt against excessive intervention in market | 10 points
The Economic Survey has said govt interventions often result in undermining the market's ability to support wealth creation and lead to outcomes which are opposite to those intended.
Nintendo CEO says no plans to launch new Switch model in 2020
Nintendo Co Ltd CEO Shuntaro Furukawa said the gaming company has no plans to launch a new Switch model this year.
Economic Survey 2020: Need to address rising food bill, revisit PDS rates
The food subsidy bill has increased from Rs 1,13,171.2 crore in 2014-15 to Rs 1,71,127.5 crore in 2018-19, it said adding that the reasons for widening of the food subsidy have been many
Americans spent at slowest pace in 3 years in 2019, threatening powerhouse of US economy
Consumer spending is closely watched because it drives about two-thirds of gross domestic product. But there are signs that households are start...
Flying Blind: 70% of Airport Websites Contain Vulnerabilities
Airport cybersecurity remains poor, according to a new report that tested the public-facing assets of 100 global airports. Amazon S3 buckets...
Power blackout warning as temperatures soar, dust storms and mud rain threaten Victoria
Temperatures are soaring in Victoria, with people in the state urged to reduce their electricity usage on Friday afternoon to help prevent blackouts.
Tech Mahindra Q3 net profit slips 5% YoY to Rs 1,146 crore, revenue up 8%
In constant currency terms, revenue grew 4.3 per cent. In US dollar terms, revenue rose 5.1 per cent to $ 1,353 million.
Nigerians to pay more for data, calls as telcos apply new VAT
The Association of Licensed Telecommunications Operators of Nigeria (ALTONS) said it will start implementing the country's new 7.5% Value Added Tax (VAT) increase from Saturday, February 1 2020.
Amazon CEO Jeff Bezos added $13.5 billion to his fortune in 15 minutes
Jeff Bezos may have been the only ultra-wealthy billionaire who failed to get richer in 2019, but he’s making up for it in 2020.
Coca-Cola: A Solid Quarter, But Coke Is Maxed Out
Coca-Cola wrapped up its FY2019 with a solid quarter that saw organic revenues surpass analyst estimates.While the balance sheet is reaching an inflection point that should see deleveraging results in
Smart City Mission: 5,151 projects at various stages of implementation, says Survey
Talking about achievements of 'Smart Cities Mission' (SCM), the Survey said all 100 cities under the mission have incorporated SPVs, City Level Advisory Forums (CLAFs) and appointed Project Management Consultants (PMCs). "Since the launch of the mission, 5,151 projects worth more than Rs 2 lakh crore are at various stages of implementation in the 100 cities," it added.
US pilots, cabin crew demand China flights halt on virus fears
US airlines cut hundreds of flights to China and State Department advises people not to travel there due to outbreak.
Sterling extends gains after BoE keeps rates on hold
LONDON, Jan 31 — The British pound extended its rally today for a second consecutive day following the Bank of England’s decision to keep interest rates steady on signs of a post-election pick-up in growth. But analysts said the rally may be short lived. The United Kingdom exits the European...
FBI launches investigation into Pegasus spyware vendor over US citizen hacks
NSO Group denies any knowledge of a probe taking place.
The Flippening: Stablecoins’ Transfer Value On The Ethereum Network Just Surpassed ETH
Stablecoins now have a larger share of value transferred on the Ethereum network than its native cryptocurrency – ETH. Even though the continuously
Swiping their way higher: Visa, Mastercard could be the next US$1 trillion companies
Tech and internet titans were the first to reach US$1 trillion in stock market value, but the next U.S. companies that could do so are better ...
Pound-to-New Zealand Dollar Rate Risks Correction as RBNZ Shifts into "Neutral" Gear
The British Pound Sterling vs the New Zealand Dollar: Latest GBP/NZD News and Analysis
Sammelana will help build bonds between languages: Moily
The former Chief Minister M. Veerappa Moily lauded the initiative of Sharnbasva University for hosting the Vishwa Sahitya Sammelana and said that this would go a long way in building bonds between dif
Economic Survey's Thalinomics suggests meal more affordable for common man
The survey states that across India and also the four regions -- North, South, East and West -- it is found that the absolute prices of a vegetarian thali have decreased significantly since 2015-16 though the price has increased in 2019.
Meghan King Edmonds Reveals The Real Reason Why She Spilled About Threesomes With Ex Jim
Meghan King Edmonds Threesomes Jim Podcast Divorce Interview
Canada's first P2P consumer lender preps launch
Canadian regulators have given the greenlight for the country's first peer-to-peer lending platform for consumer loans.
Consumers relatively upbeat in latest confidence index
Low interest rates and a stronger housing market are keeping consumers relatively buoyant. The ANZ-Roy Morgan Consumer Confidence Index was unchanged at 123 in January, sitting around its best level in more than a year. Consumers were slightly less optimistic about their current position but are slightly more upbeat about the longer term, and more think it's a good time to buy a big-ticket item. "New Zealand consumers are feeling pretty alright about things at the moment - the labour market remains tight, interest rates are low and the housing market is lifting again," ANZ's chief economist Sharon Zollner said. She said the lift in the housing market was likely behind the rise in those thinking its a good time to buy a major household item, which in turn would support the retail sector.
Will house prices drop after Brexit?
What will the impact be?
Credit rating agency S&P expected to keep Turkey's outlook unchanged
The U.S.-based international credit rating agency Standard & Poor's S&P is expected to keep Turkey's credit ratings and the overall outlook...
Agricultural Commodities May Be Misreading The Coronavirus
Agricultural commodities are selling off due to poorer-than-expected import quotas regarding the U.S-China trade deal.China and India have skyrocketing food prices that will likely only accelerate hig
Coronavirus Outbreak Sends European Stock Markets Into Tailspin
On Monday, US stocks posted their biggest downturn since October 2019 due to fears of the economic impacts of the new SARS-related virus that recently emerged in central China.
Amazon's Jeff Bezos, already the wealthiest person on the planet, just got billions richer
Jeff Bezos, the world's richest person, got billions richer in minutes Thursday as Amazon shares soared in extended trading on news of a killer quarter driven by strong holiday sales.
November GDP beats expectations, but... – RBC
According to Josh Nye, Senior Economist at Royal Bank of Canada (RBC) Economics, a modest upside surprise in November GDP does little to change the na
Appellate court overturns environment court decision on Kibos sugar mill closure
KISUMU, Kenya, Jan 31 – The Court of Appeal in Kisumu has revoked a decision by the Environment and Land Court ordering the closure of the Kibos Sugar - Kenya breaking news | Kenya news today | Capitalfm.co.ke
Role of IR professionals more challenging, says N. Srinivasan
“You should have empathy, be fair and transparent in your approach and must earn the trust and confidence of trade unions and workforce.”
Here are all the US presidents who have been impeached, Business Insider - Business Insider Singapore
Business Insider - President Donald Trump became the third president in US history to be impeached. The others were former presidents Andrew Johnson and Bill Clinton.. Read more at businessinsider.sg
Turkey, Lithuania ink economic protocol for greater trade, investment ties
Turkey and Lithuania on Friday signed a protocol for the Economic and Trade Committee JETCO that will pave the way for further expansion of bilateral...
Truth about Trump economy
Trump may be a good president for the top 1% but he has not been good for everyone else COMMENT | JOSEPH E. STIGLITZ | As the world’s business elites trekked to Davos for their annual gathering, people should have been asking a simple question: Have they overcome their infatuation with US President Donald Trump? …
Union Budget 2020: How, When and Where To Watch Live Streaming Of Union Budget
Union Budget 2020: Finance Minister Nirmala Sitharaman is all set to present Budget 2020 in Parliament on Saturday at 11 a.m.
Bitcoin Will Be $8 Trillion Economy by 2030, Top Wealth Manager Explains Why
Bitcoin could become an $8 trillion asset by 2030, according to Andy Edstrom of California-based WESCAP Group. The wealth manager said the cryptocurrency
Northumberland's apprentices aren’t making tea, they’re making history
As part of National Apprenticeship Week, Northumberland County Council is highlighting the value of apprenticeships
Louis Vuitton Is Opening a Japanese Restaurant Inside This Store
The menu will be curated by renowned chef Yosuke Suga.
Fidelity Bank reports a 28.5% increase in profit for FY 2019
Earlier today, Fidelity Bank Plc announced its unaudited financial reports for the period ended December 31st, 2019.
India on track to meet NDC goals under Paris Agreement: Survey
Swachh Bharat Mission (Urban) was launched in 2014 with twin objectives of ensuring 100 per cent scientific solid waste management and making urban India open defecation free (ODF) to achieve total environmental improvement, the Finance Ministry said in a release.
Ferry contract awarded to Polish shipbuilder that built Salish-class vessels
B.C. Ferries has awarded Remontowa Shipbuilding of Gdansk, Poland, a $92.3-million contract to build an additional liquefied natural gas-fuelled ferry to be delivered in 2022.The new vessel, which . . .
Japan Airlines: 25% of reservations for China flights canceled in past 10 days
TOKYO (Reuters) - Japan’s second-biggest carrier, Japan Airlines Co, has seen 25% of reservations for China flights canceled in the past 10 days, an executive said on Friday, amid growing concerns over the coronavirus epidemic.
Economic Survey 2020 calls for better efficiency at public sector banks
For FY19, PSBs had made a collective loss of Rs 66,000.
A positive, but cautious outlook for M&A activity in 2020
After recent surges in activity in 2018 and 2019, New Zealand’s M&A activity is expected to slow down in 2020, with processes taking longer, and some deals failing to complete.
Work begins on The Bend retail complex in southwest Las Vegas
Construction crews have begun site work on The Bend, an eatery-heavy project in the southwest valley that also would include a movie theater.
U.S. EPA Chief of Staff Is Headed to Top Coal Mining Group
(Bloomberg) -- EPA Administrator Andrew Wheeler’s chief of staff is leaving the agency to work for the nation’s top coal mining trade group.Ryan Jackson is stepping down after three years at the Environmental Protection Agency to become the National Mining Association’s senior vice president of government
Champagne discusses coronavirus response, evacuation with China counterpart
OTTAWA — Foreign Affairs Minister Francois-Philippe Champagne has spoken to his Chinese counterpart about the coronavirus outbreak, a day after the World Health Organization called it a global health emergency.
Planting 1 trillion trees might not actually be a good idea
Scientists are skeptical of the plan
Statistics Canada says GDP edged up 0.1 per cent in November
The Canadian economy edged higher in November, reversing most the decline seen in October, as cold weather helped boost the utilities sector and the construction and retail sectors also gained ground.
The Hindu Young World quiz on February 4
MaduraiThe 20th edition of the The Hindu Young World Quiz, one of the longest-running school quizzes, will be held in Madurai on February 4 at the Hatsun Auditorium, Tamil Nadu Chamber of Commerce and
Hawaiian Airlines posts earnings jump while keeping eye on China virus | Honolulu Star-Advertiser
Hawaiian Airlines’ earnings soared 57.2% in the fourth quarter despite increased capacity that included additional competition from newcomer Southwest Airlines.
Budget 2020: The inclusive growth of the country
Sunil Khosla Head Digital Business, India Transact Services Limited "Considering the current ecosystem in the country, the annual financial budget 2020 is much awaited and expected to relieve most of the financial segments."
ICBC adjuster charged
A North Vancouver ICBC claims adjuster has been charged with defrauding and stealing from the Crown corporation.
Wars and viruses: Are robots less prone to market panic?
LONDON (Reuters) - Widely blamed for volatile “flash crashes” in currencies and equities, high-frequency algorithms may also be why shock global events, including the current coronavirus, seem to have lost their power to spook markets for any length of time.
How the Japanese Word 'Ikigai' Can Help Your Business Be More Successful
These Japanese islanders have a long tradition of finding the secret to a successful life. And businesses can use the same idea to find their niche.
Delhi court revives Aircel-Maxis matter against Chidambaram, Karti
Additional Solicitor General Sanjay Jain, appearing for the agencies sought time to file the report, which was allowed
As we head out, can you cash in? Old 50p coins marking Britain JOINING the EU can sell for up to £100 thanks to Brexit
Since the 1970s, the Royal Mint has released a number of seven sided coins marking our membership in the bloc. One of them from 1992 is rare and worth a mint.
India bans export of all kinds of respiratory masks
The move assumes significance as there could be a spurt in demand for personal protection equipments due to coronavirus outbreak.DGFT also bans imports of stock lot papers
WTI drops below $52.00 and challenges 2020 lows
Prices of the barrel of WTI are losing further ground at the end of the week and are trading at shouting distance from yearly lows in sub-$52.00 level
Turkey's 2-year benchmark bond yield drops to single digits
The two-year benchmark bond yield has fallen to single digits for the first time since November 2016
Economic Survey: Wilful defaulters owe Rs 1.4 trillion to lenders
The Economic Survey, tabled in the parliament on Friday, has revealed that the wilful defaulters owe a whopping sum Rs 1.4 lakh crore. As of 2018, wilful defaulters owed their respective lenders
Lucrative speaking circuit helps David Cameron bank £836,000 profit in a year
Former prime minister Theresa May also earned close to £400,000 in the month of December alone through speaking engagements.
U.S. commerce secretary says coronavirus will help bring jobs to North America
U.S. Commerce Secretary Wilbur Ross said Thursday he believed the coronavirus outbreak that has left millions under lockdown in China will help return jobs to the U.S. and Mexico.
Non-food credit growth slides to 7% in Dec 19 from 12.8% a year ago
All four categories - agriculture, industry, services and retail - segments showed deceleration in credit growth
Embraer malfunction similar to 737 Max issue probed by NTSB
Investigators found the captain’s thumb switch that adjusts the trim had been installed upside down.
Pace of road construction less than half that of 2018-19: Economic Survey
Per-day construction drops from 29.7 km in FY19 to 12.7 km in first six months of current fiscal
Can A Rabbi Impartially Judge His Constituent?
The issue here is the close connection between the dayan and his constituent and the question of whether his judgment will be affected by this relationship.
Bitcoin Price Pulls Back to $9.2K, BTC Realized Cap Hits All-Time High
Bitcoin price hitting a 3-month high on rising volume hints at a bullish trend that puts $10K within reach.
GE Keeps Proving The Doubters Wrong
GE posted better than expected earnings and cash flow in the fourth quarter of 2019. Management expects free cash flow to rise to between $2 billion and $4 billion in 2020, despite headwinds from asse
First cases of Coronavirus confirmed in UK
Two patients in England, who are members of the same family, have tested positive for Coronavirus
Telecoms operators fined N2.9 billion over infractions
Four major telecommunications companies in Nigeria have been fined for various actions that contravene the rules and regulations of the NCC.
Ask a travel expert: How can I tell if my hotel room has bedbugs?
Bedbugs aren’t related to how clean a place is: They are attracted to humans, not dirt
Steel & Tube expecting large first half loss
One of the the country's largest steel manufacturers says adverse trading conditions will result in a large first half loss. Steel & Tube warned in November that its first half result would be less than last year's profit, but conditions were worse than expected, further impacting sales revenue and volumes. It was now forecasting a loss in underlying EBIT (earnings before interest and tax) of between $36 million and $37m in the six months to December, compared with a $9.8m underlying profit the year earlier. The result included non-cash charges of $37m related to a write-down in the company's goodwill, as well as $2m in restructuring costs and $2m in debt write-offs. The bottom line would be further affected by another $2m to $3m charge resulting from changes in tax accounting.
Hitachi makes US$5 billion offer for full control of industrial gear unit
Hitachi Ltd said on Friday it would spend 531.1 billion yen (US$4.84 billion) to take full control of industrial equipment unit Hitachi ...
9 business moguls on how to break into a new industry and make it to the top, Business Insider - Business Insider Singapore
Business Insider - "I lost about $20,000 until I turned a corner. I didn't change anything or get smarter — I just got better by showing up every day.". Read more at businessinsider.sg
I would have classified the banks into three Tiers - Mahama
news, story, article
Explained: What is Economic Survey’s strategy for boosting wealth creation?
Economic Survey reiterates PM Narendra Modi's call for increasing “wealth creators” in the economy.
Starbucks opens drive-thru location at The Marshes
The first drive-thru Starbucks on Ireland’s east coast has opened at Marshes Shopping Centre and coffee lovers should keep an eye out for promotions throughout the week. The move has been hailed...
Travelers at Entebbe Airport ignorant of coronavirus
Kampala, Uganda | THE INDEPENDENT | Passengers traveling in and out of Uganda through Entebbe International Airport are ignorant about novel coronavirus, a new strain of zoonotic diseases that had not been previously identified in humans. The deadly virus, said to have originated from the Chinese city of Wuhan has so far killed 213 people in …
‘Just gutted’: Eurostar passengers in Paris reflect on Brexit day
As Britain finally leaves the EU, travellers from Britain and France express anger and sadness
Global thermal coal prices to fall following coronavirus outburst in China
Thermal coal imports into China are also likely to slow for a time. Already there are reports of Indonesian coal producers being asked to delay loadings. As the largest supplier of coal to China, Indonesia has the most to lose if the situation worsens and electricity demand weakens.
Economic Survey maintains $5 trillion aim, but can’t avoid references to Great Indian Slowdown
The annual document barely seems to acknowledge that the Indian economy is in the doldrums.
HUL reshuffles top management team
Prabha Narasimhan would replace Priya Nair, currently Executive Director - Home Care who moved as Executive Director - Beauty and Personal Care, the FMCG major said in a statement. Nair will take over from Sandeep Kohli, who will relocate to Dubai as VP – Beauty & Personal Care for our North Africa, Middle East, Turkey and Russia markets, it added.
Bitcoin Price Pulls Back to $9.2K, BTC Realized Cap Hits All-Time High
Bitcoin price hitting a 3-month high on rising volume hints at a bullish trend that puts $10K within reach.
Tax rule changes will see millions handed an extra £104 from April
31million people will see a cash boost - this is why
Core Sector Growth Recovers To 1.3% In December
The growth was, however, lower than 2.1 percent recorded in December 2018.
Lucrative speaking circuit helps David Cameron bank £836,000 profit in a year
Former prime minister Theresa May also earned close to £400,000 in the month of December alone through speaking engagements.
Market movers: Stocks that saw action on Friday - and why
A roundup of some of the North American equities making moves in both directions today
India bans export of protective masks, clothing amid coronavirus outbreak
India on Friday banned the export of personal protection equipment such as masks and clothing amid a global coronavirus outbreak. It did not give a reason for the ban but it reported its first case of the new coronavirus on Thursday, a woman in Kerala who was a student of Wuhan University in China.
Bernie Sanders, a socialist surges in Iowa
Progressive who shook up the Democrats is now ahead in the first state to vote
GDP growth for 2018-’19 revised downwards to 6.1%
Earlier it was estimated to be 6.8%. However, slowdown in mining, manufacturing and farm sectors forced the National Statistical Office to change the figures.
Thunberg puts climate activist Nakate in media spotlight
Greta Thunberg puts Africa’s climate activists in media spotlight Stockholm, Sweden | AFP | After a racism debate in Davos on the invisibility of African climate activists, Greta Thunberg held a press conference Friday with eco warriors from Kenya, Uganda and South Africa to stress the importance of their voices. Vanessa Nakate of Uganda was …
Wipro CEO And MD Abidali Z Neemuchwala To Step Down Due To Family Commitment
The Wipro Board of Directors has also initiated a search to identify the next Chief Executive Officer
Slowdown bottomed out, GDP expected to grow at 6.5 per cent: Chief Economic Adviser
The Economic Survey has projected the GDP to expand by 6-6.5 per cent
Canada’s economy bucks forecasts, posts surprise gain
Statistics Canada says GDP grew by 0.1 per cent in November despite impact of rail strike, pipeline disruption; economists had expected no increase for the month
Unilever Plans to Dump PG Tips as Tea Sales Fall
Enormous international conglomerate Unilever has had enough of selling tea bags to British people, and is trying to offload its PG Tips and Lipton brands in the face of falling overall sales of tea products. It probably should've kept that to itself before trying to negotiate a price.
Airbus paying $4-billion to settle corruption probe, exposing bribery allegations
The plane maker has been investigated by French and British authorities for suspected corruption over jet sales dating back over a decade
Gold steadies around $1,580, looks to post highest monthly close since April 2013
After closing the previous day with small losses near $1,570, the XAU/USD pair edged higher on Friday and remains on track to register its highest mon
Relief as new scheme to control parking problems to be introduced in Woodbridge
Woodbridge will be introducing parking restrictions from April this year as part of the new initiative instigated by the civil parking enforcement (CPE) scheme.
Nairobi-based lobby urges Treasury to rescind decision on implementation of turnover tax
NAIROBI, Kenya, Jan 31 – A Nairobi based lobby group representing small traders has appealed to the Ministry of Treasury to halt the implementation of the Kenya breaking news | Kenya news today |
Insolvency law reduces resolution time for stressed assets to 340 days: Economic Survey
The Insolvency and Bankruptcy Code (IBC), which came into force in 2016, provides for market-linked and time-bound resolution of stressed assets. The survey, tabled in the Parliament on Friday, also said resolution under the Code has been much higher as compared to other processes.
Pricing Your Apartment in a Slow Market
For sellers with high hopes, the reality of the current market can be deflating.
Hunter attacked by seal
A Quebec hunter had to be airlifted to hospital this week following what was described as a rare seal attack on a Nova Scotia island.
11 Netflix original series that are ending this year, Business Insider - Business Insider Singapore
Business Insider - Many of the streaming service's hit shows (like "Glow" and "13 Reasons Why") will debut their final seasons in 2020.. Read more at businessinsider.sg
Minister expects negotiations with UK on free trade deal to be advanced
The Minister for Trade believes New Zealand can negotiate a free trade deal with the UK by the end of the year. At noon tomorrow, the United Kingdom's 47-year relationship with the European Union (EU) will end - three and a half years since Britons voted in a referendum to leave. But with another year of negotiations ahead as they finalise the fine print of the exit deal, it's not yet clear what the effects for New Zealand will be. Minister David Parker told Morning Report New Zealand was ready to start negotiations as soon as the United Kingdom was ready. "Their first priority will, of course, be the European Union, because that's their largest and closest trading partner but the prime minister Jacinda Ardern reaffirmed with Boris Johnson that we're ready to start trade renegotiations with them for their post-Brexit trade relationship with New Zealand in the near future.
Corporate tax cut to mostly benefit less than 1 pc of companies: Survey
The corporate tax cut announced by FM last Sept will benefit less than 1 pc of firms, as per Economic Survey.
NVIDIA’s Next-Gen GPU Is Up To 75% Faster Than Current-Gen – Will Be Deployed in Big Red 200 Supercomputer This Summer
NVIDIA's Next-Gen 'Ampere' GPUs which will be featured in the BIg Red 200 supercomputer are up to 75% faster than existing chips.
CBOT Trends - Corn, soybeans, wheat steady-down 2 cents per bushel
CHICAGO, Jan 31 (Reuters) - Following are U.S. trade expectations for the opening of grain and soy complex trading at the Chicago Board of Trade (CBOT) at 8:30 a.m. CST (1430 GMT) on Friday.WHEAT - Steady to down 2 cents per bushel* Wheat futures mostly lower on risk-off trading ahead of the weekend.* Most-active CBOT March soft red winter wheat futures contract hit resistance at its 20-day moving average during overnight trading session. Consolidation was noted at the 30-day moving average.
China banks borrow from SARS playbook in preparation for market reopening
SHANGHAI: Chinese financial firms will deploy measures used during the SARS outbreak nearly two decades ago to combat the new virus when markets ...
Pilots, flight attendants demand flights to China stop as virus fear mounts worldwide
Pilots and flight attendants are demanding airlines stop flights to China as health officials declare a global emergency over the rapidly ...
As cities grow, the Internet of Things can help us get on top of the waste crisis
Total global waste is expected to double from nearly 2 billion tonnes in 2016 to an estimated 4 billion tonnes by 2050 as consumer-oriented urban populations grow. As population growth increases consumption ...
Rural management curriculum launched in Sikkim
The rural management curriculum is a BBA/MBA programme that strives to promote rural studies and rural management in order to enable development of sustainable rural livelihoods, the Chairman of MGNCRE, Dr W G Prasanna Kumar, said.
Explained: In Kenya’s digital ID system, echoes of India’s Aadhaar
A briefing paper published by the Open Society Justice Initiative (OSFI) has defined NIIMS as a “national population register”, which will be the “single source of information about Kenyan citizens and foreigners resident in the country.”
Egypt's population nears 100 million, putting pressure on resources and jobs
Sitting in her sister's apartment on a noisy Cairo street, Rania Sayed one day hopes to leave a city that is becoming more congested as Egypt's population ticks up to 100 million, a milestone it will pass next month. Like many others, she wants to move to one of the new satellite settlements
Veteran BBC Journalist Who Was Born and Bred in Kenya
As Kenya might experience her fair share of problems, the country has however managed to produce talents that have...
GDP growth expected to strongly rebound to 6-6.5% in FY21: Economic Survey
India's economic growth is expected to "strongly rebound" to 6-6.5 per cent in 2020-21 from 5 per cent estimated in the current fiscal, the Economic Survey said on Friday, adding that the government with a strong mandate has the capacity to expedite reforms.
Wall Street opens in red as coronavirus headlines continue to dominate
Wall Street's n indexes started the last day of January in the negative territory as investors continue to react to heightened concerns over the coron
Court orders safeguards for Kenyan digital IDs, bans DNA collecting
NAIROBI (Reuters) - Kenya’s high court said the government could go ahead with a new digital ID scheme, as long as it brought in stronger regulations and did not use it to collect citizens’ DNA and geo-location data.
A little-known trucking company surges nearly 58% after Volkswagen makes a surprise offer to buy
Hardly a household name, truck manufacturer Navistar’s stock rose to sudden popularity Thursday, continuing into Friday’s pre-market trading. Shares surged as much as 57.7% Friday after Volkswagen’s trucking arm, Traton, made an unsolicited offer to buy the company for $US2.9 billion, or $US35 per share, Thursday. Volkswagen, which already owns a 16.76% stake in Navistar, said it would pay entirely in cash. The two companies are some of the biggest in the truck-making industry. But to make the acquisition, Volkswagen will have to get the blessing of activist investor Carl Icahn: The billionaire’s fund owns about 17% of Navistar’s outstanding stock, making Icahn Navistar’s single largest shareholder. The offer comes at a time when the broader trucking manufacturing industry is in a slump, with new orders in decline, The Wall Street Journal previously reported. In its most recent earnings, Navistar’s fourth quarter revenue declined versus the year prior. The stock started the year sliding downwards after it trailed…
Pizza Hut is giving away 2 years of free pizza and Super Bowl tickets to the first set of twins born after this year's Super Bowl kickoff, Business Insider - Business Insider Singapore
Business Insider - Pizza Hut is gifting the winning family with free pizza, two tickets to next year's Super Bowl, and $22,000 towards the twins' education.. Read more at businessinsider.sg
‘We apologize for this failure.’ A judge said a couple missed a chance at a $7,000 tax refund — but now he says they deserved it
The court-ordered refund caps the couple’s four-year quest for the money.
ITC Q3 net profit rises 29% to Rs 4,047.87 cr; net sales up 5.71%
The company had posted a net profit of Rs 3,136.95 crore in the October-December quarter of the previous fiscal
Lucrative speaking circuit helps David Cameron bank £836,000 profit in a year
Former prime minister Theresa May also earned close to £400,000 in the month of December alone through speaking engagements.
EUR/USD clinches weekly highs above 1.1050
The buying pressure around the shared currency is now picking up extra pace and lifting EUR/USD to fresh weekly tops above 1.1050. EUR/USD in multi-da
Portion of TTC's Line 1 closed this weekend
Commuters will be faced with yet another subway closure this weekend on Line 1.
How to Trade Boeing Stock After Its Nasty Earnings Report
Boeing's earnings were abysmal thanks to the grounded 737 Max, but the stock shrugged it off. Here's how to trade BA stock moving forward.
Chevron posts steepest loss in a decade after gas writedown
Chevron Corp. posted its biggest loss in a decade after it wrote down the value of North American natural gas fields and returns plunged from overseas refining and oil production.
Did Walmart Waste $3.3 Billion on Jet.com?
The e-commerce site is a shell of what it was when the retailer purchased it.
Alleged Forgery: Court admits publisher to N2m bail
An Ikeja Special Offence Court on Friday granted a N2 million bail the publisher of The Interview magazine, Azubuike Ishiekwene, accused of forgery by the Economic and Financial Crimes Commission (EFCC).
A labor attorney explains the work rules around getting sick in the office, whether you're facing a small cold or the coronavirus, Business Insider - Business Insider Singapore
Business Insider - Generally, an employer can require a sick employee to leave work — but those employees won't always be required to get paid.. Read more at businessinsider.sg
Lipper U.S. Weekly FundFlows Insight Report: Funds Suffer Net Outflows For The First Week In Six
Money market funds suffered net outflows of $11.6 billion.Fixed income funds took in $6.1 billion of net new money.Equity funds had net negative flows of $6.6 billion.
Economic Survey links infrastructure with social reforms to boost growth
The Survey suggested interlinking electricity supply with health and education
Take Profit on USDCAD Long – TDS
Following Friday’s release of the Canadian monthly GDP growth figures, Mazen Issa, Senior FX Strategist at TD Securities (TDS), suggests taking profit
Tauranga hospo investment and redevelopment site up for auction - Colliers
An investment property at the heart of Tauranga’s waterfront hospitality district and a CBD fringe redevelopment opportunity will go under the hammer next month.
Delta's credit card revamp makes its cards better than ever, and you can earn up to 100,000 miles with the current welcome bonuses — but only until April 1, Business Insider - Business Insider Singapore
Business Insider - Delta revamped its lineup of co-branded Amex credit cards, and you can currently earn up to 100,000 miles with the limited-time welcome bonuses.. Read more at businessinsider.sg
Earnings Look Good Enough for PayPal Stock
PayPal stock is down modestly after its Q4 report, due to perceptions that its guidance was soft. But its guidance actually looks solid.
Nevada Copper chooses Redpath to enhance production at US mine
Nevada Copper has selected mining contractor Redpath USA to implement its ramp-up strategy for its 100%-owned Pumpkin Hollow project in Nevada, the US.
Economic Survey's GDP growth forecast for FY20 wide off projection
It is for the second consecutive time that NSO's GDP estimate is significantly lower than the projection made in the survey prepared by the finance ministry
Vedanta Q3 PBT at Rs 3,806 cr, up 9.4% on lower costs, exceptional gain
Sales down 10% to Rs 21,126 cr mainly due to lower commodity prices, muted volumes in zinc, oil & gas and copper
Apple must fight to keep the iPhone's Lightning port as the EU presses ahead on forcing standardized phone chargers, Business Insider - Business Insider Singapore
Business Insider - The EU might kill the Lightning port on the iPhone.. Read more at businessinsider.sg
85% of Older Adults Are Setting Themselves Up to Fail in Retirement
Retirement could be a challenging time for the majority of older Americans -- but it is possible to change course.
These 5 Valentine's Day-themed puzzles will get you in the holiday spirit. Can you solve them all?, Business Insider - Business Insider Singapore
Business Insider - All five of these Valentine's Day puzzles are filled to the brim with love, hearts, candy, flowers — the works.. Read more at businessinsider.sg
Thalinomics suggests meal more affordable for common man
The survey states that across India and also the four regions -- North, South, East and West -- it is found that the absolute prices of a vegetarian thali have decreased significantly since 2015-16 though the price has increased in 2019.
Realtors expect debt restructuring up to Rs 1 trn, tax sops for homebuyers
He said loans up to Rs 1 trillion are required to be restructured in view of liquidity crunch faced by builders
The 10 most dangerous US states to work in, Business Insider - Business Insider Singapore
Business Insider - Some states have more dangerous jobs than others. We took a look at fatal workplace injury rates across the US.. Read more at businessinsider.sg
Core industries output rise 1.3% in December after four months of decline
The growth came on the back of rise in output in coal, fertiliser and refinery products sectors. However, production of crude oil, natural gas, and electricity contracted during December
East African airlines suspend China flights due to coronavirus
NAIROBI/KIGALI (Reuters) - Kenya Airways and RwandAir said on Friday that they had suspended all flights to and from China until further notice after a virus outbreak killed more than 200 people in China and spread to 18 countries.
Amazon set to break record for one-day gain in market cap
Amazon could set a new mark for the biggest single-day gain on record for a US company.
US consumer spending cooled last month, core prices picked up
Income growth in the US slowed to 0.2%.
Carter Page is Suing the DNC For the Steele Dossier
How much responsibility should they have?
Economic Survey raises more questions than answers for pharma industry
Economic Survey 2019-20: The pharma industry is left in a fix after the Economic Survey 2020 came out today. Here's all you need to know
Cases Involving Rs 1.58 Lakh Crore Resolved By IBC Till December; Resolution Time Slashed By 340 Per Cent
The Insolvency and Bankruptcy Code (IBC) has resolved cases worth Rs 1.58 lakh crore till December 2019 and the resolution time for each case has reduced from 4.3 years to less that a year, the Economic Survey 2019-20 has noted [PDF].
India Set to Move Towards Chinese Model to Expand Exports, Create Jobs
New Delhi (Sputnik): The Indian Finance Ministry has been trying to attract investments from foreign companies into India. The cut in corporate tax rates came as a push to attract investments by technology companies looking for avenues outside of China, amid Beijing’s ongoing trade war with Washington.
‘Just gutted’: Eurostar passengers in Paris reflect on Brexit day
As Britain finally leaves the EU, travellers from Britain and France express anger and sadness
Why is there an uptick of human trafficking during major events?
Human trafficking can occur at any time and at any place throughout the world, but major festivals and events including the Super Bowl are known to result in an increase of human trafficking activity. ...
9 business moguls on how to break into a new industry and make it to the top
Looking to blaze into a new industry? We asked some of the world’s smartest business people and Advisors in The Oracles for their best tips for breaking into a new field, from tech to real estate to day trading.
Play Casino Stocks with a Bearish Put on Las Vegas Sands
My indicators turned bearish last Friday, and I am recommending a bearish put option on Las Vegas Sands Corp. (NYSE:LVS).
Ukraine court puts freeze on Ferrexpo unit's shareholding – media
Ferrexpo's operations remain unaffected and continue as normal.
Wipro stocks fall over two per cent after CEO Neemuchwala steps down
MD Abidali Z Neemuchwala will continue to hold the office of the CEO and Managing Director, until a successor is appointed for a smooth transition.
DHT Holdings' Co-CEOs On The VLCC Markets (Podcast Transcript)
As part of the Value Investor's Edge Live Virtual Tanker Forum, J Mintzmyer spoke with DHT Holdings' co-CEOs.The discussion covered the VLCC markets and IMO 2020 developments.We reviewed DHT's scrubbe
Trade unions to back Bord na Móna worker protest tomorrow
A protest march which will be held by Bord na Móna workers tomorrow has been backed by the Irish Congress of Trade Unions.
It would be a mistake for Malaysia to raise locally assembled vehicle prices – German ambassador
BMW Malaysia exports the G30 520i to the Philippines Last week, the automotive industry received confirmation from the finance ministry that there will be
Bongo case postponed but Mahumapelo drops bombshell statement
Mahumapelo says there are those who mobilise people to make sure that some people are arrested, in order to resolve political challenges that are within the movement.
Economic Survey 2020: How privatisation helps CPSEs unlock growth potential
Economic Survey 2020: The analysis showed that these privatised CPSEs, on an average, perform better post privatisation than their peers in terms of their net worth, net profit, return on assets
3 exciting ASX small cap tech shares on my watchlist
Alcidion Group Ltd (ASX:ALC) and two other ASX small cap tech shares could be great long term investments...
Economic Survey 2020: Red-tape still strangles Indian manufacturing
Economic Survey 2020 updates: Ease of doing business in India seems like a far fetched dream as of now due to the huge number of licenses and approvals needed to run a business. Here's all you need to know
Shehbaz files defamation suit against British newspaper, reporter David Rose
The PML-N president said that the allegations leveled against him were baseless.
FCA Flags Capital International Management Company
The FCA regulator has warned against Capital International Management Company, a clone of European Economic Area (EEA) authorised firm.
Lyft Stock Is An Intriguing Trade for Market Bulls Ahead of Earnings
The long-term debate over Lyft won't be resolved by a single quarterly report, but a risk-loving market could bid LYFT stock up next month.
Lockheed Martin Can Keep Flying Higher in 2020
The defense titan has had a great five-year run, but its year-end earnings results and forecast suggest there is potential for further growth.
French Connection shares plummet after failure to secure buyer
The retailer saw shares slide by almost a third after it said it was set to post between £1 million and £2 million in losses for the year.
Japanese company NEC confirms 2016 security breach
NEC needed seven months to discover the hack, did not disclose it publicly.
Macy's is launching a new store concept that's masterminded by the woman behind buzzy concept store, Story
Macy's is in the process of hiring employees to work at its new store in the upscale town of Southlake, Texas.
Why Texans Don’t Want Any More Californians
Migrants from the Golden State could change the character of their new homes.
Core sector output shows growth after contracting for four months
The rebound signals that the economy may have bottomed out in the second quarter and may see revival in the third quarter. The news should come as relief for the government ahead of the Budget and may dispel fears surrounding the Indian economy slipping into stagflation.
You don’t have to hit a six in every ball, wait for market to throw you a loose ball: Madhusudan Kela
As the markets have amply proven in the last four, six months, the loose ball is coming. Meanwhile, pharma could provide great opportunities, says market expert Madhusudan Kela.
Macy’s is launching a new store concept that’s masterminded by the woman behind buzzy concept store, Story
Macy’s is preparing to open a new retail concept in Texas.
Tube delays: Commuters face Victoria Line chaos after Finsbury Park fire alert
A fire alert at Finsbury Park has led to rush hour havoc on the Victoria Line, while a signal failure disrupted the Piccadilly Line.
Hungary to build more prisons to tackle overcrowding, halt inmates' lawsuits
Hungary will begin an ambitious prison-building program in an attempt to stem a tide of costly lawsuits by inmates complaining of overcrowding and inhumane conditions, Prime Minister Viktor Orban said on Friday. Orban accused "business-savvy lawyers" of exploiting the conditions to launch
MTN Group to sell 14% of its Nigerian business
MTN Group says it is looking to reduce its majority shareholding in its Nigerian subsidiary by 14%, hoping to raise $4 billion from the sale.
Amazon Crushes Earnings, and Here's the Most Impressive Part
Amazon’s retail sales took flight even in soft consumer spending environment.
EU warns UK there is no strength in ‘splendid isolation’
BRUSSELS, Jan 31 — The European Union’s three top officials gathered today to promise a new dawn for their bloc and warn Britain that it would lose the benefits of close ties after Brexit. “We want to have the best possible relationship with the United Kingdom, but it will never be as good as...
Shrinking French and Italian economies hamper euro zone growth
Spectre of recession likely to mean more monetary easing by ECB
Taiwan revokes Far Eastern Air Transport’s operating license
Compensation arrangement for ticket holders will be worked out early February.The Ministry of Transportation announced Friday (Jan. 31) it was revoking the operating license for Far Eastern Air Transport (FAT), the airline which suspended its flights last December 13 amid financial troubles.
The Esports Club partners with Ahmedabad’s first-ever Comic Con to create exclusive gaming experience zone
Ahmedabad Comic Con will feature an exclusive gaming zone in partnership with The Esports Club (TEC).
Roscrea ‘early years’ workers to join protest
Early Years Professionals at Little Learners community childcare service and First Steps Roscrea are supporting protest on February 5 organised by SIPTU
Aldi wants to open a new, bigger Newport store next to Sainsbury's - but the council will try to stop it
Sainsbury's have objected to Aldi's plans to open a new supermarket next door
Railways Approaches Finance Ministry to Relieve it of Pension Burden
This is not the first time that the railways has begged off its pension responsibilities, which eat into its earnings.
Contraction in domestic revenue growth softened IT-BPM sector growth in FY19: Survey
Of the total $135.5 billion of exports of the IT-BPM sector in 2018-19, IT services accounted for 55%, and BPM and software products & engineering services for the remaining 45 per cent (with each accounting for almost half of the share). The survey termed the Indian IT-BPM industry as the flag-bearer of India's exports over the past two decades.
Banking services affected as employees strike
The nationwide strike has been called by the United Forum of Bank Unions, pressing for a 20% wage hike and a charter of other demands
Eurozone economy records worst year since 2013
The growth recorded was lower than the 0.2% anticipated in the markets and was largely due to the fact that two of the eurozone's biggest economies, France and Italy, both contracted.
British, EU level trade playing field possible but difficult: Irish PM
DUBLIN (Reuters) - There is scope for the European Union and Britain to agree to maintain equal standards in a future trade deal, but coming to such an agreement will be hugely difficult, Irish Prime Minister Leo Varadkar said on Friday.
Countries evacuate citizens from China
Foreign governments race to protect their citizens from deadly virus.
Trump claims Democrats 'want to kill our cows, that means you're next,' in a bizarre attack in Iowa on Alexandria Ocasio-Cortez's Green New Deal, Business Insider - Business Insider Singapore
Business Insider - President Donald Trump railed against the Green New Deal championed by progressive Democrats — which makes no mention of confiscating livestock.. Read more at businessinsider.sg
China virus causes scare for India's smartphone makers
NEW DELHI (Reuters) - The coronavirus outbreak in China could start to disrupt India’s production of smartphones if it continues to spread in February, as it could delay component shipments, industry executives said.
Paris-based AssoConnect raises €7 million to transform the non-profit sector
The French startup AssoConnect, whose technology is transforming how the non-profit sector is managed, has completed a second round of funding of €7 million, led by XAnge, ISAI and several business angels.
Coronavirus: countries evacuate citizens from China
These are the plans so far by foreign governments to evacuate their citizens from the epicentre of the outbreak
China's factory activity falls in January as Wuhan coronavirus fears grow
BEIJING: China's manufacturing activity slipped in January, official data showed on Friday (Jan 31), as the country grapples with a new virus that ...
Eco Survey flags disproportionate dwarfism of banks, calls to be efficient
The Economic Survey 2019-20 tabled in Parliament by Finance Minister Nirmala Sitharaman noted that despite nationalisation a significant portion of the poor remained unbanked till 2014
Hong Kong citizens queue for facial masks in frigid temperatures
People wait outside retail stores and pharmacies, discontent with government incompetence
Friday’s analyst upgrades and downgrades
Inside the Market’s roundup of some of today’s key analyst actions
Highways sector needs Rs 19.63 lakh crore investment by 2024-25: Economic Survey
Of the total Rs 102 lakh crore investment need for infrastructure projected by the National Infrastructure Pipeline (NIP), during 2020 to 2025, the highways sector will require Rs 19.63 lakh crore, the Survey said.
Red-Hot Uber Stock Might Just Prove Its Bull Case in 2020
At the start of 2020 Uber stock is looking pretty hot. Investors should keep a close eye on the name as the year unfolds.
Eurozone economy records worst year since 2013
The eurozone economy, which is made up of the 19 countries that use the euro currency, ended 2019 with a whimper and recorded its worst year of growth since it was mired in a debt crisis in 2013.
One of the emergency hospitals Wuhan is panic-building is looking close to completion. Watch a live feed of the construction here., Business Insider - Business Insider Singapore
Business Insider - The Wuhan Huoshenshan Hospital is due to open February 3, and the Leishenshan Hospital is due to open February 5.. Read more at businessinsider.sg
The Return of the King: Jeff Bezos Tops World's Billionaires List After Amazon Sales Went up 21%
On Wednesday, the fortune of billionaire entrepreneur Elon Musk grew by $2.3 billion within an hour following an increase in the total market value of electric vehicle maker Tesla.
Economic Survey 'disappointing', Modi govt selling dreams to people: Mayawati
In a series of tweets, BSP president Mayawati said: "Because of the wrong policies and programmes of the centre, rising poverty, inflation, unemployment etc. have led to constant shrinking of the per capita/family income of the people, yet the BJP government is selling dreams to them.
Eco Survey calls for pro-business policies, strengthening invisible hand of markets
The invisible hand needs to be strengthened by promoting pro-business policies to provide equal opportunities for new entrants, enable fair competition and ease doing business, eliminate policies that undermine markets through government intervention even where it is not necessary, it said.
Two-day PSU bank strike over wage revision impacts services across country
However, private sector lenders like ICICI Bank and HDFC Bank were operational.
Amazon tops $1trillion valuation on strong results
Amazon.com is back in fashion with investors. Concern about the cost of Amazon’s one-day delivery pledge lingered after a busy holiday period
No end in sight to Kangai estate wrangle
Hearing in the disputed estate of late national hero Kumbirai Kangai did not commence yesterday after one of the lawyers failed to turn up.
French Connection shares plummet after failure to secure buyer
The retailer saw shares slide by almost a third after it said it was set to post between £1 million and £2 million in losses for the year.
IBM-Backed Hyperledger Fabric Releases Version 2.0
Hyperledger Fabric had a major release with version 2.0, which significantly improves performance while adding some decentralization aspects for data sharing.
The Icelandic Gay Vampire Movie THIRST Acquired by LevelK
LevelK has acquired the Icelandic gay vampire movie Thirst , which was directed by Gaukur Úlfarsson and Steinþór Hróar Steinþórsson . The film takes place in a small town “where evil is lurking around and strange crimes and brutality frequently occur.” The story follows Hulda, “a woman who i
4 Things Investors Must Consider Before Buying Aurora Cannabis
Aurora stock is currently one of the worst-performing Canadian cannabis companies. Here are a few things to know before investing.
Nonprofit Receives Grant to Help Prevent Local Oil Production
Santa Barbara County faces a tripling of onshore oil production. Three oil companies are proposing to drill and operate over 700 new wells in Cat Canyon Oil Field, posing dangerous threats to clean air, clean water, public safety, and our climate. What’s more, these oil companies are not proposing conventional oil drilling, which is risky enough, but rather they are seeking permits for extreme, enhanced oil extraction processes known as cyclic steam injection and steam flooding, which are far riskier and more energy intensive than traditional drilling. The Environmental Defense Center (EDC) has just received $10,000 in grant funding from the Fund for Santa Barbara to help confront this major threat.
ET View: Economic Survey revives an old tale about Microsoft
Microsoft has come a long way since then and even became the worlds most valued company. The Survey does not hold out a happy story.
American optimism toward economy surges to 9-month high as job market hums
American households were more optimistic about the economy this month. The University of Michigan said its index of consumer sentiment jumped to...
East African airlines suspend China flights due to coronavirus
NAIROBI/KIGALI - Kenya Airways and RwandAir said on Friday that they had suspended all flights to and from China until further notice after a virus outbreak killed more than 200 people in China and spread to 18 countries.
IBM Chief To Exit Role After Sluggish Growth
IBM CEO Ginni Rometty is stepping down after eight years in which the tech giant struggled to keep up with its competition. Arvind Krishna will be the new CEO.
US warns against China travel, as virus death toll hits 213
The United States told its citizens to avoid China after the World Health Organization declared a global coronavirus emergency, as the Chinese death toll rose Friday to 213 and total infections surpassed the SARS epidemic of two decades ago.
Economic Survey: New firm creation higher in services sector than mfg, agri
The survey also said that there is a need to invest in ramping up India's statistical infrastructure. It also said that India has made impressive improvements in several social development indicators
When is the monthly Canadian GDP report and how could it affect USD/CAD?
Friday's economic docket highlights the release of monthly Canadian GDP growth figures for November, scheduled to be published at 13:30 GMT by Statist
USD/CHF drops below 0.9700 as markets remain risk-averse
The USD/CHF pair erased nearly 40 pips on Thursday and seems to be having a difficult time staging a recovery on Friday. After touching a daily high o
Coronavirus: NZ businesses exporting to China take a hit
New Zealand exporters are nervously waiting to see how big an impact the deadly coronavirus will have on their businesses. The disease is spreading across the globe and has killed at least 171 people and infected thousands. Restrictions in China on travel and public gatherings to try to contain the outbreak are putting the squeeze on New Zealand firms doing business in the country. New Zealand Rock Lobster Industry Council chief executive Mark Edwards said the live lobster export business had ceased after a huge drop in demand. He said the timing - during Chinese New Year, a peak period for demand and goods prices - was unfortunate.
Macy's is launching a new store concept that's masterminded by the woman behind buzzy concept store, Story
Macy’s is preparing to open a new retail concept in Texas.
Michigan couple sues airline after getting kicked off flight
SOUTHFIELD, Mich. (AP) — A Michigan couple is suing American Airlines for discrimination after being removed from a flight because the airline said the Orthodox Jewish couple smelled bad. Yehuda...
When It Comes To IQIYI Stock, Investors Should Tune Out
IQIYI has staged a nice rally, but that's likely to fizzle out in the face of tough macroeconomic headwinds.
Plastics ban can't be instant, restaurants warn Ottawa
OTTAWA — Canada's restaurant owners are eager to do their part to curb this country's addiction to plastics, their association says, but they want the government to leave time for them to adapt to a . . .
Central Bank Digital Currency (CBDC) Is Becoming a Big Topic in Asia
An official at Japan's central bank has signaled a willingness to embrace a digital yen & Cambodia is pushing ahead with it's own blockchain-powered currency
Jean Paul Gaultier Taps New General Manager
Antoine Gagey has succeeded Sophie Waintraub in the role.
Army, ITBP Set up Coronavirus Quarantine in Delhi For 300 Students Returning From China
The students, as well as other passengers, will be thoroughly screened upon their arrival at the Indira Gandhi International airport in Delhi by a joint team of the Airport Health Authority (AHO) and Armed Forces Medical Services (AFMS).
Govt dropped initial plan on GSTAT set-up, proposal flagged, shows RTI
Madras High Court had LATER declared bench composition unconstitutional due to non-inclusion of even a single judicial member; No appeal filed yet
Top headlines: Eco Survey 2019-20, Wipro's Abidali Neemuchwala steps down
Economic Survey for 2019-20 was tabled in Parliament on Friday and projected the country's gross domestic product (GDP) to grow between 6 - 6.5 per cent in financial 2020-21 (FY21)
IGNOU December term-end TEE results declared, check direct link
IGNOU December exam TEE results 2019: The results are available at the website- ignou.ac.in. The written examinations were conducted from December 1 to 31, 2019
Sales of over 1.7k listed manufacturing firms contracted by 7.7 per cent in Q2: Survey
The Survey, tabled in Parliament on Friday by Finance Minister Nirmala Sitharaman said demand conditions for the manufacturing sector weakened in September quarter of 2019-20 with a contraction in nominal sales, citing RBI studies on corporate performance.
F&O: Over to Budget; banking stocks only hope as bears rule
India VIX moved up 3.38 per cent to 17.36 level.
Pvt sector share in National Infra Pipeline to hit 30% by 2025: Eco Survey
Two-thirds of the pipeline is already firmed up; projects of certain states likely to be added to in due course
Economic Survey outlines strategy to achieve $5 trillion economy, says PM Modi
In a social media post, PM Modi said that the Economic Survey, tabled in Parliament today, highlights the government's strategy to achieve $5 trillion economy.
Eco Survey flags 'disproportionate dwarfism' of Indian banks, calls upon PSBs to become efficient
Flagging 'disproportionate dwarfism' of banks, Economic Survey called upon PSBs to become efficient.
Economic Survey: Sales of over 1.7k mfg firms contracted by 7.7% in Q2
Net profit for the manufacturing sector contracted in Q1 (June quarter) of 2019-20, mainly due to a production slowdown, it added
Arya Vidyapeeth College Recruitment for Assistant Professor
Subject-wise vacancies: 1. English: 01 posts (Roster point No. 103), Un-reserved2. Statistics: 01 posts (Roster point NO. 50), Reserved for ST(H)
Canadian Nov. GDP will be in focus on Friday – TDS
Analysts at TD Securities (TDS) offered a brief preview on Thursday's release of Canadian monthly GDP print for November and also the near-term outloo
Lilly posts higher-than-expected profit as new drugs lift outlook
Eli Lilly has posted higher-than-expected profit on the back of increasing demand for its newly launched drugs, despite fighting continued price erosion and pressure in the US.
Going with the wind energy in Latvia
Going green has been an international hot topic for a while, with Latvian President Egils Levits discussing at the recent World Economic Forum how Latvia could become a renewable energy role model, and an increasing portion of the Latvian energy portfolio will be made up of wind energy.
Plans out for downtown loo
Kelowna's planning department is reviewing detailed designs for a new pop-up bathroom facility to be erected on Queensway Avenue.
Consequential train accidents decreased to 59 in 2018-19: Economic Survey
The Indian Railways with over 68,000 route-kilometres is the third-largest network in the world under single management
Navajo Code Talker dies at 96; less than a handful remain
WINDOW ROCK, Ariz. (AP) — One of the few remaining Navajo Code Talkers who used their native language to confound the Japanese in World War II has died. Joe Vandever...
Rail investment ‘fantastic news’ for Northland, says Reade
January 31, 2020
Millions of workers to get an extra £104 as new tax rules come into effect in April
In addition to increasing the NICs threshold the Government will also end the freeze to working age benefits, which has been in place since 2016.
Eastern EU states threaten lawsuit over looming trucking reform
BRUSSELS (Reuters) - Poland, Bulgaria and other eastern European Union states are mulling a legal challenge to new road transport rules that would force their trucks to return home every eight weeks, a change they say would harm their trucking companies, diplomats said.
Varadkar says Noone’s autism comments were ‘ignorant’
Taoiseach says Catherine Noone’s comments are ‘not proportionate for her to lose her job’
3 Ways To Identify And Avoid Gas-lighters
The word "gaslight" comes from a 1938 play and subsequent film adaptation called Gas Light, about a murderous thief who tricks his wife into thinking she is insane in order to cover up his crimes.
Production pattern is not in sync with the demand: The Economic Survey 2019-20
The survey said that the share of cereals declines steadily as MPCE level increases, from about 19 per cent for the bottom decile class of rural India to about 5-6 per cent for the top decile class, and from 15 per cent for the bottom decile class of urban India to under 3 per cent for the top decile class.
Privatised CPSEs reported better profit, sales after transition: Eco Survey
The survey, tabled in Parliament on Friday, examined the change in performance for each individual central public sector enterprises (CPSE)
Indian-origin Arvind Krishna Replaces Virginia Rometty As New IBM CEO
Indian-origin Arvind Krishna has been elected as the next Chief Executive Officer (CEO) of IBM, the American IT giant, succeeding Virginia Rometty on Jan 30.
Eco Survey sees growth at 6.5% in FY21, calls for easing of deficit target
For the current fiscal, it projected a GDP growth of 5 per cent, the lowest in 11 years, and worsening job prospects
The global spread of the coronavirus — where is it?
The World Health Organisation has declared an international emergency over the outbreak.
BSNL set to revamp; half the employees are retrenched today
Barat Sanchar Nigam Limited (BSNL) is all set to rejuvenate the public telecom sector by bringing alterations in services and work. As part of the move the country is to witness the largest retrenching of employees.
Sebi disposes of insider trading case against SpiceJet's former independent director
It had been alleged that he traded in SpiceJet while in possession of unpublished price information
WHO declares global virus emergency as death toll hits 213
The World Health Organization declared a global emergency over the new coronavirus, as China reported Friday the death toll had climbed to 213 with nearly 10,000 infections.
Macy's is launching a new store concept that's masterminded by the woman behind buzzy concept store, Story, Business Insider - Business Insider Singapore
Business Insider - Macy's is in the process of hiring employees to work at its new store in the upscale town of Southlake, Texas.. Read more at businessinsider.sg
HUL reports 12.95% rise in consolidated net profit at Rs 1,631 cr
The company had posted a net profit of Rs 1,444 crore in the October-December period of the previous fiscal
Govt must support pro-business policies to be a $5-trn economy: Eco Survey
The survey said the exponential rise in India's GDP and GDP per capita post liberalisation coincides with wealth generation in the stock market
Eco Survey focuses on wealth creation, says PM
After the release of Economic Survey 2019-20, Prime Minister Narendra Modi took to his Twitter handle and said it focuses on wealth-creation for 130 crore Indians. It outlines a multi-faceted strategy to achieve a $5 trillion economy through enterprise, exports, ease of doing business and more.
Economic Survey 2019-20: Competition, low tariffs led to financial stress in telecom sector
The data price in the country came down by over 99% during 2016-2019, making it among the lowest tariff in the world, according to the survey.
Nintendo Shares Plummet After Mixed Earnings, Plans for New Switch Axed
Nintendo was down nearly 5% after it reported earnings, and the worst is likely yet to come.
Krachi East Assembly urged to complete abandoned market project
news, story, article
Thailand novel coronavirus case count now 19, 1st locally acquired case
By NewsDesk @infectiousdiseasenews Thailand health officials reported (computer translated) five additional novel coronavirus (2019-nCoV) cases– four in Chinese nationals and one in a Thai national. This brings the total to 19 cases in the Kingdom. The Thai patient is a taxi driver with no history of traveling to China, making this the first locally acquired case …
Keep New Zealand Beautiful welcomes Wellington branch
Not-for-profit organisation Keep New Zealand Beautiful will now have a Wellington City based branch, Keep Wellington Beautiful.
When the price tag seems too good to be true, it might be – but not because of the cost
When the price tag seems too good to be true, it might be, learns Gayle MacDonald. Not because of the cost, but because the sticker seems to be a permanent feature of the product
MP applauded for leading the process to revive dormant market
news, story, article
Genesis Crypto Lending Firm Hits New Record in Loan Originations in Q4 2019
Over-the-counter digital currency trading and lending firm Genesis has closed the fourth quarter of 2019 with record high loan originations since its inception.
Screen Ireland unveils slate of 40 productions coming to international market
Agency responsible for developing screen industries said sector contributed €357m to economy last year
In The Last Lap: Modi’s Ambitious Interconnectivity Project Between India, Nepal And Bangladesh A Step Closer
New Delhi plans to extend this agreement to include Myanmar and, subsequently, other South-East Asian nations.
Third-Party Switch Game Sales Have Increased By More Than 50% Year-On-Year
The Wii U days are long gone
Tech View: Be patient with Budget volatility, don’t rush to buy on dips
Nifty broke below the lower end of the Rising Megaphone pattern on the daily chart.
This Billionaire Bitcoin Investor Gives 3 Catalysts That Could Send Price Flying
Bitcoin has undoubtedly been on a tear over the past 45 or so days. Since hitting $6,400 in December, BTC has surged by almost 50%, hitting a local high
France, Italy Drag Euro-Area Economy to Worst Quarter Since 2013
(Bloomberg) -- Terms of Trade is a daily newsletter that untangles a world embroiled in trade wars. Sign up here. The euro-area economy barely grew at the end of 2019 as unexpected contractions in France and Italy dealt the bloc its weakest quarter in almost seven years.The surprise slump in two of the
Integrate ‘Assemble in India’ into Make in India
Move will boost exports, create 80 mn jobs in next 10 years, survey says.The Survey gives China’s example, where labour-intensive exports between 2001 and 2006 created 70 million jobs
UK govt warns travellers to EU of end to free mobile roaming
The UK government has issued new guidance warning that the guarantee of free mobile roaming across the EU, Iceland, Norway and Liechtenstein will end from 01 January 2021. This marks the end of the Brexit transition period.
Markets welcome WHO virus declaration
Markets rose in Asia on Friday after the World Health Organization declared a global health emergency over the deadly new virus sweeping China.
Chinese visitors to Vietnam hit record high in Jan - VnExpress International
January saw tourists from China to Vietnam post record high growth though new coronavirus fears prompted the country to clamp down on Chinese arrivals 10 days prior.
Stocks drop amid uncertainty over virus impact; Amazon soars
U.S. stocks fell broadly in midday trading on Wall Street amid ongoing uncertainty about the potential economic impact of the 2019 Novel Coronavirus outbreak that originated in China.
‘Need For Wealth Creation’: Lessons From Thirukkural, Arthashastra And Ten New Ideas In Economic Survey 2020
‘Since the wealth cannot be distributed unless created, the wealth creators are India’s wealth’
US stocks fall amid virus fears despite Amazon surge
NEW YORK, Jan 31 — Wall Street stocks dropped early today amid worries over the coronavirus outbreak and despite a blowout Amazon earnings report that lifted the e-commerce giant’s value back above US$1 trillion (RM4.1 trillion). Britain confirmed its first cases of the virus, the US upgraded...
Luxury brand sales on Las Vegas Strip driven by tourists, millennials
Luxury labels are itching to grow their retail presence in Las Vegas as big spenders among tourists and millennials propel the luxury retail market.
European Parliament votes in favor of a common charger, Apple dislikes
The European Parliament decided in favor of a common charger between all companies acting in Europe. Apple is against the new resolution.
How to improve crop insurance coverage
The Pradhan Mantri Fasal Bima Yojana must undergo a cost-benefit audit and be updated to allow for income stabilisation for farmers
Economic Survey advocates further ‘economic freedom’
While it does makes a case for further reform, it falls short on prescriptions and sector-specific insights
India bans export of protective masks, clothing amid coronavirus outbreak
NEW DELHI (Reuters) - India on Friday banned the export of personal protection equipment such as masks and clothing amid a global coronavirus outbreak.
UK will be more welcoming to Indonesians after Brexit, ambassador says
“To Indonesians who are interested in traveling or studying in the UK, [the country] will be an even more open, welcoming and positive place for Indonesians than it has been in the past,” he said on Friday.
Pre Budget Expectations by HDFC Securities
HDFC Securities The Govt needs to give a serious push to improve the business environment.
9to5Mac Daily: January 31, 2020 – Apple Maps redesign, more
Listen to a recap of the top stories of the day from 9to5Mac. 9to5Mac Daily is available on iTunes and Apple’s Podcasts app, Stitcher, TuneIn, Google Play, or through our dedicated RSS feed for Overcast and other podcast players. Sponsored by MacStadium: Get 50% off your first two months of a Mac mini subscription now w/ code 9TO5MAC, or get started with MacStadium’s new Orka […]
Lebanese bonds tumble as uncertainty increases
"Lebanese debt is currently trading at a large discount and investors have already priced in a restructuring," Saeb El Zein, a financial markets expert told Annahar.
High Commissioner to Tuvalu announced - Peters
Foreign Affairs Minister Winston Peters today announced the appointment of diplomat Matt Howell as New Zealand’s High Commissioner to Tuvalu.
Woodbridge Regatta breaks tradition with hopes of Bank Holiday bonanza
Woodbridge is breaking tradition this year by holding its annual regatta in May instead of the traditional summer months.
Budget 2020: How FM Nirmala Sitharaman's fiscal deficit math is likely to move Sensex, Nifty on Feb 1
Budget 2020: An increase in fiscal deficit target in view of the ongoing economic slowdown may not negatively impact the market since elevated level of expenditure is expected to result in higher demand in Indian economy
International bid from Ethio Telecom (TENDER)
The RFI remains floating from February 3, 2020 up to march 2, 2020. RFI document can be obtained free of charge from Ethio Telecom’s head office room no. 207 during office hours (Monday to Friday). Interested eligible bidders may obtain further information from ethio’s Website and collect the RFI document in person from Head quarter, 2nd Floor, and room no. 207.
Manage buy-to-rent risks
The current buyers’ market offers a good opportunity for investors looking for properties to rent out, especially with the prospect of a potential rental-growth recovery in the latter part of 2020.
Writers Guild hopes new streaming laws will reverse 'service industry' trend
TORONTO — Amid talks about regulating foreign streaming services in this country, the Writers Guild of Canada is sounding the alarm on what it says is a troubling trend toward a "service industry" and "massive exodus" of talent.
Confusion over whether masks are necessary amid coronavirus outbreak
SINGAPORE/KUALA LUMPUR: “Do not wear a mask if you are well” read a warning plastered across the front of Singapore’s main newspaper on Friday, as authorities around the world sought to calm panic buying of masks seen as a guard against the fast-spreading novel coronavirus (2019-nCoV).
Crypto Tax in 2020: A Comprehensive Guide
Paying crypto taxes is becoming increasingly difficult in 2020, as government tax authorities around the world continue to change their minds on how
Sunlit uplands? Forecast offers bright outlook for UK’s first post-Brexit day
Following a tumultuous three-and-a-half-years, even the February 1 weather forecast is split along Leave-Remain lines.
Canada not rushing to post-Brexit deal with Britain, as business urges calm
Prime Minister Justin Trudeau says he is confident that Britain's exit from the European Union later today will be an orderly process with minimal disruption to Canadian trade and investment.
What could change in this year’s budget?
Each year the Union Budget is watched keenly and the salaried middle class hope for relief from income tax. Furquan Moharkan takes a look at five things that Finance Minister Nirmala Sitharaman could change in this year’s budget.
Enbridge faces regulators in Canada, U.S. over plans to expand oil pipeline network
Enbridge faces off with regulators in Minnesota over Line 3 just as it grapples with complaints over changes to overhaul its Mainline
Attacking the clones: Dual techniques help reveal malicious image editing
It is relatively easy to clone parts of an image with photo editing software to remove objects and backgrounds or even to duplicate objects. A skillful digital artist will be able to do this almost seamlessly. ...
Chattered Accountant pick forms to contest K.T Hammond
news, story, article
U.S to quarantine all 195 American evacuees from China
The U.S. advised against all travel to China as the number of cases of a new virus spiked more than tenfold in a week.
North African countries still have significant wheat needs this year - Transgrains
PARIS, Jan 31 (Reuters) - Algeria needs to buy 1.5 million tonnes of wheat and Morocco 600,000 tonnes in the last three months of the 2019/2020 (July-June) season, which should benefit France, a senior trader familiar with North African markets said on Friday.In addition, Tunisia will probably need to book another 200,000 tonnes, Jean-Philippe Everling, founder and director of Transgrains France in partnership with Italian group Casillo, told the Paris Grain Day conference in Paris.
123 China tourists fly home via chartered flight from KK
KOTA KINABALU, Jan 31 — A total 123 tourists from Hubei, China flew home on a Xiamen Airlines chartered flight from the Kota Kinabalu International Airport (KKIA) today at 6.30pm. They boarded the chartered flight at the initiative of the government of China after the government cancelled all...
James Nyoro: Brains Behind Uhuru's Ksh7 Billion Project
Through Nyoro's appointment by the president, he took part in various major projects including...
Critical infrastructure: Enugu govt approves over N2.5 billion
In continuation with its renewed efforts to provide more critical infrastructure in the state, the administration of Governor Ifeanyi
Airbus to pay US$4b to settle corruption probe, says French prosecutor
PARIS, Jan 31 — European planemaker Airbus will pay €3.592 billion (RM16.3 billion or US$3.98 billion) to settle corruption probes by US, British and French authorities into contract dealings, France’s financial prosecutor said today. The simultaneous settlements in Britain, France and the...
Tongaat shares back to JSE trading on Monday
It suspended trading on June 10 after revelations of accounting irregularities that saw its share plummet some 75% last year.
HBC board unanimously backs Baker offer in amended and stated circular
The board of directors of Hudson's Bay Co. has unanimously recommended shareholders support a sweetened offer to take the retailer private.
Pasteurised camembert? French cheesemakers vote ‘Non’
PARIS, Jan 31 — A battle over the future of camembert, one of France’s most emblematic cheeses, came to a head today after producers voted against allowing pasteurised versions of the venerable raw-milk pucks. A narrow majority of dairy executives — 53 per cent — rejected a plan that would...
Crisis-hit Thyssenkrupp mulls sale of elevators units worth 15 billion euro
According to the Financial Times, Thyssenkrupp has attracted at least four bids for its crown jewel, including from Finnish lift maker Kone
With new projects’ vigour, Hyderabad’s real estate blooms out of slowdown blues
In the words of KT Rama Rao, Minister for IT, municipal administration and urban development, "Hyderabad's growth story and momentum have just begun." Even as the sector elsewhere stares at a slowdown, new projects are being started around Hyderabad.
Oyo rubbishes reports of large-scale partner loss, and exiting businesses
Currently, Oyo largely operates under three models - franchisee, leased and owned assets. The rooms under the franchisee model accounts for the largest number of its inventory of nearly 3 lakh rooms in India
Wetherspoons is hosting a 17-day nationwide gin festival this February
With Dry January finally about to come to an end, it's time to raise a toast to your success.
British Steel rescue under threat as French government opposes Jingye deal
The Chinese takeover of embattled British Steel is hanging in the balance after the French government said it would oppose the deal.
Chainlink Boosts Ethereum DeFi with New Price Reference Data Networks
Chainlink’s Price Reference Data oracle networks vastly expand the amount of secure and reliable data accessible to Ethereum Dapps
Delhi Police ask for 45 documents for opening restaurant, only 19 for a gun: Economic Survey
Delhi Police ask for as many as 45 documents before giving its clearance for opening an eatery in the national capital as gainst only 19 to buy a gun, the Economic Survey said on Friday while making a case for doing away with unnecessary controls.
Market watch: KSE-100 falls 273 points owing to global sell-off
Benchmark index decreases 0.65% to settle at 41,630.93
Drinkers want fizz, low carbs, and Super Bowl ads reflect it
DETROIT - When Americans crack open a cold one during Sunday's Super Bowl, it might not be a traditional domestic beer.Sales of classic beers like Bud Light
Balanced growth is essential for democracy
Economic development is uneven across State lines and social classes. A consensual approach is needed to move India forward
Crisis-hit Thyssenkrupp mulls sale of '15bn euro elevator unit'
Deciding the future of the elevator unit was the group's "top priority", said Merz, aiming to raise billions of euros in fresh capital that could be used across the conglomerate's struggling divisions.
Rihanna is the world's richest female musician — from yachting trips on the French Riviera to a staff that includes a chef and personal trainers, see how she spends her $600 million fortune, Business Insider - Business Insider Singapore
Business Insider - While Rihanna is known to spend lavishly on beauty, fashion, and accessories, her favorite way to spend her fortune is on others.. Read more at businessinsider.sg
HUL to increase soap prices by 5-6 pc
According to HUL Chief Financial Officer Srinivas Phatak, prices of palm oil in the last six months have gone up by 25 to 30 per cent. "We would take the prices up in the soap part of our portfolio. We would be looking to price up between 5 to 6 per cent and they would come in a phased manner," Phatak said in a post-earnings conference call.
My Five
Ajay Kapur Founder & Managing Director, Shubham Chemicals and Solvents LtdBrisk walks & spiritual sessions for body and mind 1 To keep myself fit for a hectic schedule, I start my day
Airbus ran ‘massive’ bribery scheme to win orders
European aerospace group to pay €3.6bn in penalties to regulators in France, UK and US
Tech Mahindra to pick 70% stake in Cerium Systems
The cash transaction is expected to close by April 1, 2020.
First Kondo, now cosy: but do you have to buy into lifestyle trends?
Beware the tricks of consumer capitalism
The Co-operative Bank accredited as a living wage employer
The Co-operative Bank has become an accredited Living Wage employer.
Economic Survey: India skids on ranking for protecting minority shareholders
The economic survey also patted the back of the government, stating that implementation of Goods and Services Tax (GST) has helped India in improving the ease of doing business.
HBC board unanimously backs Baker offer in amended and stated circular
TORONTO — The board of directors of Hudson's Bay Co. has unanimously recommended shareholders support a sweetened offer to take the retailer private.
Earn up to 100,000 miles on these new limited-time offers from Delta
Delta has just launched a new limited-time offer on four of its consumer credit cards that can earn flyers up to 100,000 miles.
'Feel good' Budget may see cut in tax rate, sops for social sectors
To cushion the impact on collections, these tweaks might be accompanied by rationalisation in tax rebates
Lcal digital spending to grow 2.7 times in a market worth US$9.1 bil locally
KUALA LUMPUR: Digital spending in Malaysia is expected to grow 2.7 times in 2025 in a market estimated to be worth US$9.1 billion.
Massively popular K-pop artist Seungri has been indicted on charges of prostitution and gambling, Business Insider - Business Insider Singapore
Business Insider - The investigation against Seungri, which began in March, led him to resign from the entertainment industry.. Read more at businessinsider.sg
UK trade bodies respond to points-based immigration proposal
UKIE suggests "little impact" on games industry, while TIGA welcomes attention given to creative and STEM sectors
Govt should lean on growth instead of focusing on fiscal deficit: CEA
It is time to focus on growth and, therefore, cutting expenditure is not an option, probably because at a time like this, growth needs to be taken care of, he added
Iran suspends all flights to and from China due to coronavirus
DUBAI (Reuters) - Iran has suspended all flights to China because of the coronavirus outbreak, Iran’s semi-official Tasnim news agency reported on Friday, adding that all flights from China to the Islamic Republic have also been banned.
Bilawal urges MQM-P to reconsider alliance with ‘failing’ PTI govt
PPP chairman says his party is ready to work with MQM-P to solve Karachi’s issues despite ideological differences
3M Company: Buy The Crisis, Collect The Dividends, And Sell The Turnaround
3M is absorbing substantial restructuring costs and just announced 1,500 layoffs.The market's reaction to recent news is not totally unjustified, but we are not so easily swayed. Stoic investing is we
View: Public sector bank network, a good idea
It is vital for India to swiftly enact the law on data protection, given the kind of data sharing that has been envisaged in the PSBN.
Read Here: Aaron Akivito Sema from Nagaland makes history at Mt. Everest Fashion Runway
Master Aaron Akivito Sema, a proud 12 years old student of Livingstone Foundation International, Nagaland became the youngest person
Nottingham couple could be stuck in China for weeks as flights suspended over coronavirus
They are trying to 'follow the rules' by staying at home, wearing masks and washing their hands.
Trade setup for Budget day: Nifty has strong support at 11,900, 11,850
On the upside, NSE Nifty has resistance at 12,125 and 12,200 levels.
Germany wants to conclude Brexit talks by year's end: minister
BERLIN (Reuters) - Germany wants to do all it can to conclude outstanding negotiations with Britain on its future ties with the European Union by the end of this year, Economy Minister Peter Altmaier said on Friday.
Turkish tourism revenues jump 17% to $34.5 billion in 2019
2019 saw a booming tourism sector in Turkey with a 17% surge in revenues and a 14.1% rise in the number of visitors as the country is focused on further expanding the sector this year
Restless Ivanti Customers Promised More Care, in a Major Shakeup
US-based IT security and service management firm Ivanti is attempting to shake up the company and reconnected with its customers.
Lower Mainland mayors, including Surrey, endorse regional ride-hailing licence
VANCOUVER — Mayors in British Columbia's Lower Mainland have reached an agreement on an interim business licence for ride-hailing companies that want to operate in the region.Surrey Mayor Doug . . .
US: Income growth is not what it used to be – Wells Fargo
Data released on Friday in the US showed that personal income rose 0.2% and spending 0.3% in December. Despite a tight labor market, year-over-year re
Budget 2020: Challenge for Indian Finance Minister is to Balance Growth, Fiscal Deficit
New Delhi (Sputnik): Amid the slowdown in the Indian economy, the government lowered its national income growth forecast from 7 percent to 5 percent for the current fiscal year. The Economic Survey tabled in Parliament on Friday pegged growth for 2020-21 at between 6 and 6.5 percent.
A Few Short-Term Challenges Don't Cancel Ingersoll-Rand's Strong HVAC Results
Ingersoll-Rand's fourth quarter results were not strong as reported, with a $0.06/share miss at the operating line, but underlying HVAC performance was very good.Thermo King is going through its cycli
5 Business Travel Trends to Watch in 2020
Be aware of this travel forecast to help you get the most out of your travels.
Good start, companies — now keep raising wages!
About a decade ago, when I started writing about how companies should strive to create value for stakeholders, not just shareholders, some of my business and finance friends thought I was nuts.
Caterpillar’s 2020 outlook adds more gloom to virus-shaken markets
The outlook signals headwinds for machine sales, which fell the most in nearly three years in December.
Airbus agrees to pay 3.6 billion euros to settle corruption probes
Airbus is set to pay a massive 3.6 billion euros ($4 billion) in fines to Britain, France and the US to settle corruption inquiries sparked..
The revitalisation of Limerick's O'Connell street takes a step forward
Plans to revitalise Limerick's main thoroughfare took a step forward this week.
NCG joins Northern Powerhouse Partner Programme
'Realising the potential of the North through investment in skills is a huge opportunity – and NCG will lead the way'
Russia Wants a New Trade Deal with the UK
Russia wants to conclude a new trade agreement with the UK after the country leaves the European Union, said Russian Ambassador to London Andrey Kelin, quoted by BGNES. Russia and the UK must sign agreements in the fields of aviation, transport, trade in nuclear materials, etc.
Economic Survey Bats For Market Economy, Shows How Government’s Intervention Can Do More Harm Than Good
The Indian state is not only involved in running businesses but also intervenes in markets quite frequently.
Macron to address France on Brexit: French presidency
PARIS (Reuters) - France’s President Emmanuel Macron will make a televised address on Friday on Britain’s departure from the European Union, his office said.
Economic Survey sources data from Wikipedia, other private entities
The Economic Survey 2019-20 has sourced certain data from Wikipedia, which is not considered as reliable source of information.
Good start, companies — now keep raising wages!
About a decade ago, when I started writing about how companies should strive to create value for stakeholders, not just shareholders, some of my business and finance friends thought I was nuts.
8-Core x86 CPU From China Goes Up for Sale
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Economic Survey: Building blocks for 'wealth creation' and $5-trn economy
Here is a snapshot of some of the 'new ideas' for the economy that the Survey focuses on
Nordea Appoints Virgin Money’s Ian Smith As New CFO & Head of Group Finance
Finland-based banking group Nordea Bank announced on Thursday it has appointed Virgin Money's CFO Ian Smith as its new CFO and Head of Group Finance. According to Nordea, Smith has an extensive background in the financial services sector in the UK and has held senior positions as a banking audit partner and later as Financial Services M&A leader at Deloitte. He also previously served as Director of Group Finance at Lloyds Banking Group plc and
New rules outlaw some of Nike’s record-breaking shoes
PARIS, Jan 31 — World Athletics announced significant changes to its rules today that will outlaw some variants of Nike’s Vaporfly running shoes and introduce strict limits to the technology developed for any future shoes used in elite competition. The sport’s governing body (WA) said that...
Helicopter company in Kobe Bryant crash not certified to fly in poor visibility - reports
The charter company whose helicopter crashed and killed basketball star Kobe Bryant, his daughter and seven others on Sunday was not certified to ...
Eco Survey completely disconnected with problems faced by common man: Congress
The Congress slammed the Centre on the Economic Survey saying it is a diverted picture from the reality, accusing the government of "fudging data" and committing a "fraud" as the numbers presented by it are not believable by the world. Congress spokesperson Gaurav Vallabh said the government has not taken any concrete steps to end tax terrorism.
Exxon quarterly profit falls 5.2% on weak refining, chemical margins
HOUSTON (Reuters) - Exxon Mobil Corp (XOM.N) on Friday reported a 5.2% drop in fourth-quarter profit on weaknesses in chemicals and refining and flat oil and gas output, with asset sales helping to stem the decline.
Airbus to pay around €1b in UK slice of global bribery settlement
LONDON, Jan 31 — Airbus, the world’s largest aircraft maker, will pay just under €1 billion (RM4.3 billion)in a British settlement to draw a line under a three-and-a-half year criminal investigation into allegations of fraud, bribery and corruption. The deal under a three-year Deferred...
Global tax rules set for overhaul as states seek to avoid new trade war
PARIS (Reuters) - Outdated cross-border tax rules are set to be rewritten after 137 states sought this week to avoid a new trade war over the global multiplication of taxes on digital services.
Americans spent at slowest pace in 3 years in 2019, threatening powerhouse of US economy
American shoppers continued to serve as the engine of the US economy through volatile times last year, fuelling growth even as a global cooldown and trade tensions clouded the outlook. But there are signs that households are starting to pull back on spending.
The NYC Restaurants Ordered Closed Jan 24 - Jan 31
NEW YORK — Filth flies, roaches, mice and unwashed hands — restaurants across the city have dirty secrets they’d rather you didn't know about. Fortunately for the diner’s well-being, New York City’s Health Department is watching.
I-235 closure planned in Oklahoma City this weekend
Interstate 235 will be closed to through traffic at the Interstate 44 interchange beginning Friday.
A bookstore in Canada is filled with adorable foster kittens that customers can adopt, Business Insider - Business Insider Singapore
Business Insider - Customers can read, drink coffee, and play with adorable cats at the Otis & Clementine's Books & Coffee shop in Canada.. Read more at businessinsider.sg
Tickets for the first Lakers game since Kobe Bryant’s death are on sale for $99,000 after StubHub said it would donate all fees to his charity
Some tickets for the first Lakers game since the unexpected death of the basketball star Kobe Bryant are on sale for just under $100,000.
US: UoM Consumer Confidence rose to 99.8 in January from 99.3 in December
The University of Michigan's Survey of Consumers revealed that the Index of Consumer Sentiment in January improved to 99.8 from 99.3 in December. This
How to file and pay your taxes online
Pay your taxes and get your refund asap
US airlines halt flights between US, China due to virus
The U.S. advised against all travel to China as the number of cases of a new virus spiked more than tenfold in a week.
Using pension funds to boost Eskom is our red line, says Solidarity
Trade union Solidarity said it was mandated to protect worker's pension money and it would "strongly oppose" any attempts ...
Coca-Cola Is the Most Conservative Investment You Can Make
Coca-Cola stock was a star in the January market, but don't be fooled. This is a slow-growing dividend aristocrat.
ITI further extends FPO to Feb 5; issue subscribed 58% so far
Services of public sector banks were impacted as employee unions went on a two-day nationwide strike from Friday to press for wage revision.
Good start, companies — now keep raising wages!, Business Insider - Business Insider Singapore
Business Insider - We've been heading toward a "Better Capitalism," but if we're going to fix the American economy, companies need to keep raising wages.. Read more at businessinsider.sg
A bullish signal for Canada’s banks, the SNC-Lavalin rally isn’t over, and why gold is setting up for a fall
A roundup of investment ideas for active investors
Economic Survey 2020 Details 'slump In 2019' But Predicts 'rebound To Achieve $5 Trillion'
A day before the Union Budget is presented, CEA Krishnamurthy Subramanian on Friday, presented the Economic Survey 2020 which spoke of how difficult 2019 was
Zendaya wore a dress with daring cutouts, giant pockets, and a split sleeve on the red carpet, Business Insider - Business Insider Singapore
Business Insider - Zendaya's latest outfit is further proof that she's one of the best-dressed stars on the red carpet.. Read more at businessinsider.sg
India Plans to Send 50 Satellite Launch Vehicles Into Orbit Within Next 5 Years - ISRO
New Delhi (Sputnik): India’s government space expenditure still lags behind that of the major players in the sector, such as the US, which spent about 13 times more than India in 2018, according to a report presented to parliament.
Three arrests as €1.6m worth of drugs seized by gardaí
Three people have been arrested in connection with the seizure of more than €1.6 million worth of heroin and cocaine, as well as €700,000 in cash, during a number of searches in the Leinster area.
Ariston Thermo Group visits Little Saints Orphanage to show support
A team from Ariston thermo, a global leader in the thermal comfort industry with its Origin from Italy, recently visited Little Saints Orphanage at Ogudu GRA, Lagos State during the Christmas holiday to show support and care.
India bans export of protective masks, clothing amid coronavirus outbreak
India banned exports of all kinds of personal protection equipment, including clothing and masks used to protect people from air borne particles.
Russia reports first coronavirus cases, restricts China air travel
MOSCOW (Reuters) - Russia reported its first two cases of coronavirus on Friday and restricted direct flights to China, its biggest trade partner, as Russians complained of rising prices for medical masks and anti-virus medicine.
Economic Survey: 'Counter-cyclical fiscal policy' to boost demand justified
The Survey places primary blame for the slowdown on global factors, saying 'the deceleration of India's GDP growth since 2017 has tracked the decline in world output'
I would buy NAB and these blue chip ASX dividend shares
National Australia Bank Ltd (ASX:NAB) and these blue chip ASX dividend shares could be great options for income investors...
7 Large-Cap Stocks to Buy For Insulation From Volatility
Recent market volatility on the back of coronavirus fears makes this a good time stock up on quality stocks with long-term stability.
Canberra-Sydney high-speed rail bid was always too expensive
Cabinet documents have revealed the real story behind the Speedrail bid, which came so close to reality 20 years ago.
GCB Bank unveils first G-Money Mobile Wallet
news, story, article
Punjab Budget To Be Presented On Feb 25
The Amarinder Singh-led Punjab government will present its budget for 2020-21 on February 25.
Enphase: Promising Growth Vision
Enphase is widening its addressable market by integrating technologies like storage and energy monitoring.Enphase's IQ 8 microinverter will be a building block for the company's larger energy product
Ease of doing business: How India moved up the ranks and the road ahead
Economic survey 2019-20: The new blueprint
7 Underappreciated Foreign Dividend Stocks to Buy Now
This is a great time to add the benefits of diversification to your portfolio with some attractive foreign dividend stocks.
Economic Survey 2019-20: Food inflation higher in urban areas
Economic Survey moots tighter monetary policy in case of food, fuel price shock
Piper Sandler Companies (PIPR) CEO Chad Abraham on Q4 2019 Results - Earnings Call Transcript
Piper Sandler Companies (NYSE:PIPR) Q4 2019 Earnings Conference Call January 31, 2020 09:00 AM ET Company Participants Chad Abraham - Chairman & Chief Executive Officer Deb Schoneman - President T
EU bank regulators lay out tougher doomsday stress test
EBA factors in period of ‘low for longer’ rates and 4%-plus economic contraction
Yemen's Houthis say recent attacks on Aramco, airports in response to air strikes
CAIRO (Reuters) - Yemen’s Houthi military spokesman said on Friday the group had launched 26 rocket attacks in the past week against airports in southern Saudi Arabia, facilities belonging to oil giant Saudi Aramco and “two sensitive targets deep in” the kingdom.
Amazon rejoins $1tn club on back of blockbuster earnings
Bezos empire alongside Apple and Microsoft after further share price gains
5.2 Magnitude Quake Strikes in Japan - EMSC
The quake occurred six kilometres to the west of the city of Ushiku, the US Geological Survey reported.
George Soros says Mark Zuckerberg 'should not be left in control of Facebook'
George Soros is gunning for Mark Zuckerberg again.
2 Chinese passengers from Boracay referred to RITM
Two arriving passengers at the Ninoy Aquino International Airport Terminal 4 asked the help of the airport medical staff Thursday because they were both suffering from cough and high fever.
Coronavirus shadow overseafood exports to China
MPEDA Chairman, however says the impact is minimal
New green dawn: Advocates hope ACT's cannabis laws pave way for open market
Advocates have welcomed Canberra's contentious new cannabis regime, hoping it sparks a broader public discussion about drug law reform and paves the way for a...
U.S. consumer, factory data suggest economy losing momentum
WASHINGTON (Reuters - U.S. consumer spending rose steadily in December, but tepid income gains pointed to moderate consumption growth this year, which together with slumping business investment likely set the economy on a slower growth path this year.
Economic Survey 2020: India has low rates of formal entrepreneurship
Large number of enterprises operate in informal economy not captured by data
Canada: GDP bounced back in November – NFB
According to a report released on Friday, Canada’s real GDP rose 0.1% in November and 1.5% compared to a year earlier. Krishen Rangasamy, analyst at t
Billionaire Bloomberg floods Democratic primary with cash
DES MOINES, Iowa — Billionaire Michael Bloomberg spent roughly $180 million in the month after his late entry into the Democratic presidential primary, a staggering sum that’s drastically more than all other leading contenders spent during much of the past year combined. Since his entry into the race in late November, the former New York …
Eurozone economic growth in 2019 was slowest in 6 years
Jan. 31 (UPI) -- Economic growth last year for the eurozone was the lowest it's been in six years, mainly hampered by slowdowns in France and Italy, the European Commission said Friday.
Republicans Rally Around the Trump Economy
Consumer sentiment among Republicans is higher than it was when Ronald Reagan won his landslide reelection. | Economy
Punjab budget to be presented on February 25
The cabinet decided to summon the 11th session (Budget Session) of the 15th Punjab Vidhan Sabha from February 20 to 28, according to an official spokesperson.
Consequential train accidents decreased in 2018-19: Economic Survey
Stating that steps are being taken on a regular basis to prevent rail accidents, the Economic Survey on Friday said consequential train accidents registered a decline in 2018-19.
Fiscal deficit hits 132% of full-year target
The deficit was 112.4% of 2018-19 Budget Estimate (BE) in the corresponding period.
Hindustan Unilever clocks 4% sales growth
Firm hit by weak consumer sentiment
Release Contaminated Fukushima Water Into Sea: Japan Panel
Radioactive water from the stricken nuclear plant in Fukushima should be released into the ocean or vaporized into the air, an expert panel advised the Japanese government on Friday.
Economic Survey 2020: 60% women in world's fastest growing economy do housework
Women's participation in labour force reduced to 25.3 per cent in 2017-18 from 33.1 per cent in 2011-12, Economic Survey found
How will travelling to Europe change after Brexit?
Just what will change?
Owners opt to evacuate horses to Exhibition Park in Canberra
Brita and Paul Menzies evacuated two of their horses to EPIC, but had to leave another two behind.
‘Hitches have arisen’ in Wigan starlet’s surprise move – Two clubs squabbling over ‘payment methods’
Perhaps one of the more surprising transfers being talked about on Friday, Antonee Robinson’s move from Wigan to Milan seemed to be going smoothly until late on Friday. Arriving in Italy to undergo his medical ahead of the loan move with an option to buy, the 22-year-old is meant to be the replacement for Ricardo
After mass retirement of staff, BSNL to outsource jobs
In the State, 4,596 out of 9,381 employees opted for VRS
How Idexx Laboratories Beat Expectations in Q4
The animal health company boosted its full-year 2020 earnings guidance, too.
Bury in liquidation danger as owner Dale fails to pay any money to creditors
Bury’s owner, Steve Dale, has failed to provide any of the money he pledged last summer towards paying the club’s debts via a company voluntary arrangement, creditors have been told
Economic Survey 2020 pitches divestment in public sector undertakings
Economic Survey says public sector units performed better than peers after privatisation
President Kovind makes pitch for swadeshi to build 'a better tomorrow'
Protests in parliament against CAA, NRC mar his address
BBI committee to begin collecting views next week
Steering Committee on implementation of BBI report to begin validation hearings on February 5 in Nairobi at KICC.
NSE: All-Share Index closes trading for January at 28,843.53
The All-Share Index of the Nigerian Stock Exchange (NSE) on Friday closed trading for the month of January below 29,000 mark following the dominance of the bears.
Delta, American airlines halt flights to China amid coronavirus outbreak
The two largest US airlines plan to suspend all flights to China amid the country’s mushrooming coronavirus crisis. American Airlines is halting trips to and from mainland China on Friday
U.S. lifts sanctions on unit of China's biggest shipping company
In September, restrictions were placed on the Dalian units of China COSCO Shipping Corp., sending freight rates soaring as traders cancelled charters linked to the parent company.
Litecoin Price Analysis: LTC Surges 25% In A Week But Can Bulls Keep Up?
Among the top 20 cryptocurrencies, Litecoin is the best-performer after surging almost 15% under 24-hours. After correcting to $52 last weekend, buyers
Samsung outS Q4, FY 2019 results; to focus on flagship, foldables
Samsung is still the no. 1 mobile OEM and we believe it will remain on top especially that Huawei has lost all of its chance to enter the US market. The trade ban in the United States has changed a…
SBI posts highest ever net on Essar Steel recovery
Asset quality improves, slippages stay elevated; no big ticket loan going forward, says CMD
Study Reports First Case of Coronavirus Spread by Asymptomatic Person
A woman from China infected a person in Germany before she began displaying symptoms
Blockchain Consortium Hyperledger Releases Hyperledger Fabric 2.0
Hyperledger, a distributed ledger technology (DLT) consortium created by a host of highly reputed companies including Linux and IBM, has announced the release of the version 2.0 of Hyperledger Fabric, an enterprise-grade blockchain platform, according to a blog post on January 30, 2020.
Euronews holds Reddit AMA to answer your questions on Brexit
Our Brexit expert, Alasdair Sandford will answer all the questions you have on Brexit on Reddit at 6pm CET.
ViacomCBS names NBC exec to head CBS
ViacomCBS has named George Cheeks as president and CEO of CBS Entertainment group starting March 23.
A Singapore couple just paid US$2 million for a crazy romantic staycation, featuring 10,000 roses, diamond chopsticks, and a 18-course meal on a private jet, Business Insider - Business Insider Singapore
Business Insider - Crazy Rich Asians IRL.. Read more at businessinsider.sg
Coronavirus: US airline suspends flights to China
Following the devastating spread of the airborne disease, Coronavirus, a United States (US)'s airlines, Delta, has suspends flights bound to China.
FG mulls release of 2021-2025 Medium Term Development Plan
The Federal government says the successor Medium, Term National Development Plan: 2021-2025 will be ready soon.
It's easier to buy a gun in Delhi than to set up a restaurant: Economic Survey
"Although India has significantly reduced the time and cost of starting a business, a lot more needs to be done," it said.
Chinese tourists cancel trips to Canadian hotspots such as Banff, Yellowknife
Tour companies and hotels in destinations popular with Chinese tourists are starting to see cancellations after a new form of virus that has led to mass quarantines and more than 200 deaths in China.
IMG Reveals Full Slate of Programming for NYFW: The Shows
NYFW: The Talks will feature a series of in-depth conversations with designers, artists, athletes, and industry leaders.
North Las Vegas woman reported missing on New Year’s Eve found alive
No details on where Jennifer Sims, 46, was found or her condition were released, but police confirmed that she was recently removed from a missing persons database.
Suspension of UK’s China flights ‘hits up to 35,000 passengers’
British Airways and Virgin Atlantic grounded flights to mainland China.
Half of BSNL TS staff opts out
About 5,000 employees take VRS
Trainer David Dunne has licence suspended for four months after appeal
Original €2,000 fine halved but appeals body concludes original penalty was unduly lenient
Gig Workers Have Nowhere to Pee
"We’re spending more money at restaurants than a customer would spend on the same order, and many of us would just like to wash our hands when we pick up food."
Bank of India posts profit, scrip up 3%
The State-owned lender had posted a net loss of ₹4,643.71 crore in the year-earlier period.
Delta, American, and United Cancel All Flights To and From China for Months as Coronavirus Death Toll Hits 213 [Updated]
Delta, American, and United airlines will cancel all flights to and from mainland China as the confirmed death toll from the new coronavirus hits 213 and the number of confirmed cases reaches almost 10,000 worldwide, with over 100,000 more patients under medical observation.
Union Budget 2020: Economic Survey Introduces 'Thalinomics'; Here Is What It Entails
Dubbed as an attempt to quantify what a common person pays for a Thali, a new concept called ‘Thalinomics’ has been introduced in Economic Survey 2019-20.
Neemuchwala quits Wipro, analysts say it’s good for tech giant
‘His tenure was fraught with struggles’
Bitcoin’s System is The Only Way to Build Cryptocurrency: Investment Firm Exec
Founder of Morgan Creek Capital, Mark Yusko, believes Bitcoin’s Proof of Work (PoW) consensus is the only viable protocol on which to build a digital
Suspension of UK’s China flights ‘hits up to 35,000 passengers’
British Airways and Virgin Atlantic grounded flights to mainland China.
Needed: fewer regulations for start-ups, says CEA Krishnamurthy Subramanian
“With a rank of 163 of the 190 nations in enforcing contracts, only a few countries like Afghanistan, Mozambique, and Zimbabwe perform worse than India.”
B.C. coronavirus testing continues, still only one confirmed case
International emergency measures aimed at poorer countries, Dr. Bonnie Henry says
Processes of exports, imports at KIA have improved vastly: Economic Survey
‘This is after implementation of authorised economic operators policy in 2016’
Broadridge Financial Solutions, Inc. (BR) CEO Tim Gokey on Q2 2020 Results - Earnings Call Transcript
Broadridge Financial Solutions, Inc. (NYSE:BR) Q2 2020 Earnings Conference Call January 31, 2020 08:30 AM ET Company Participants Edings Thibault - Head of Investor Relations Tim Gokey - Chief Executi
About 12, 787 farmers benefit from PFJ in East Mumprusi Municipality
news, story, article
Financial Institutions, Inc. (FISI) CEO Marty Birmingham on Q4 2019 Results - Earnings Call Transcript
Financial Institutions, Inc. (NASDAQ:FISI) Q4 2019 Results Conference Call January 31, 2020 08:30 AM ET Company Participants Shelly Doran - Director, Investor and External Relations, EVP and General C
How Business Travelers Can Maximize Hotel Loyalty Programs
Get the most out of hotel loyalty programs with these tips.
Qantas Suspends All Flights To & From China As 10th Australian Coronavirus Case Confirmed
Major Australian airline Qantas has announced plans to suspend flights to and from China as the ongoing coronavirus outbreak causes logistical issues.
Russian bombers buzz Canadian airspace in Arctic
OTTAWA — Two long-range Russian bombers capable of carrying nuclear missiles buzzed Canadian airspace on Friday morning, the North American Aerospace Defence Command said, days after a senior military officer warned that North America's early-warning
Super Bowl Ads from Trump and Bloomberg
The campaigns of President Donald Trump and Democrat Mike Bloomberg have purchased airtime during the preeminent TV ad event of the year: the Super Bowl. Both scheduled spots make claims that require context or further explanation.
Buy the JPY, sell the AUD? – Rabobank
"At the bottom of the G10 league since January 21 are the NOK, the AUD and the NZD," note Rabobank analysts. Key quotes "These three currencies have b
Tesla Showing Similarities to 2017 Bitcoin, What Happens Next?
Tesla is among the top-performing assets of 2020 so far, and one of the few financial assets that has outperformed Bitcoin and the rest of the
Beavercreek drivers to pay tax increase for street work
Next year, Beavercreek drivers will pay a $5 increase when registering or renewing their motor vehicle licenses.
All Nippon Airways and Singapore Airlines deepen partnership with joint venture agreement
Strategic partnership aimed at providing customers with enhanced flight connectivity and access to a wider network.
3 ASX mining shares with dividend yields over 10%
If you're looking for huge income shares today then Whitehaven Coal Ltd (ASX: WHC) and these two mining companies definitely fit the bill.
Hateful messages flood Quebec premier's Facebook page after he supports Muslims
ST-SAUVEUR, Que. — Quebec cabinet ministers are speaking out about a deluge of hateful comments posted to the premier's Facebook page after he published a message in support of the province's Muslim community.
Jawol Abraham Joins Saboba NPP Parliamentary Race
news, story, article
Amazon stock soars following strong Q4 earnings report
Amazon shares are soaring after the e-commerce giant announced fourth quarter earnings that smashed expectations.
Mayo organisations join new national climate action campaign
Macalla Farm and Westport Eco-Congregation are among the Mayo-based organisations joining One Future, a new campaign group calling for faster and fairer climate action.
Bank of Ghana keeps policy rate unchanged at 16 percent
news, story, article
DOMO Chemicals completes acquisition of Solvay’s European polyamides business
DOMO Chemicals (Ghent, Belgium; www.domochemicals.com) has completed its acquisition of Solvay’s Performance Polyamides Business in Europe. This Business i
Vedanta profit rises 49% to ₹2,348 crore
Revenue, however, drops 10% to to ₹21,126 crore
Fed's Clarida: Yield curve inversion reflects global uncertainty rather than US outlook
Commenting on the recent inversion of the yield curve, Federal Reserve Vice Chairman Richard Clarida said that he was not worried about it and argued
Incumbent Jaman North MP picks forms for re-election
news, story, article
Neemuchwala resigns after 4 years as Wipro CEO citing 'family commitments'
The board of directors has begun the process of looking for the next CEO, the company told the stock exchanges
Your emails: Should Huawei be in our 5G network?
We’ve once again trawled the emails from our lovely readers to find and answer your burning tech questions
Banking services hit as employees strike work in Prakasam
20% hike in pay, five-day working week top their demand list
Core sector grows at 1.3% in Dec. 2019
The growth was, however, lower than the 2.1% recorded in December 2018.
HUL volume growth surprises, profit before tax up 14% in December quarter
The company's volume growth is also ahead of the overall FMCG sector's
The Sardauna of our era
IT was the former American President, Abraham Lincoln, who said in one of his famous quotes: “Things may come to those who wait, but
High demand for Barratt Homes' new Tiverton development
The developer is launching the new site on Saturday, February 8
Italy declares coronavirus emergency after first two cases confirmed
ROME: Italy declared a six-month state of emergency on Friday over the new coronavirus, allowing the government to cut through red tape quickly if needed, after two Chinese tourists tested positive for the illness in the first cases detected in the country.
Thailand confirms first human-to-human coronavirus transmission, total cases rise to 19
BANGKOK: Thailand has seen its first case of human-to-human transmission of the new coronavirus inside the country, a health official said on ...
A full price breakdown for ESPN's streaming service, ESPN+ — here's everything you need to know, Business Insider - Business Insider Singapore
Business Insider - Here's a full breakdown of how much the ESPN+ streaming service costs along with pricing packages and promotions.. Read more at businessinsider.sg
More frequent load shedding coming: Eskom CEO
Eskom has warned South Africans to brace for more frequent power cuts as it halts the deferral of planned maintenance. The rand weakened as a result.
Privatised CPSEs reported better profit, sales after transition: Economic Survey
Most privatised CPSE witnessed improvement in net worth, profit, gross revenue and sales growth after the transition, the Economic Survey has said.
New tax rules mean millions will get an extra £104 from April
It will affect around 31 million full-time workers
US advises no travel to China, where virus deaths top 200
BEIJING — The U.S. advised against all travel to China as the number of cases of a worrying new virus spiked more than tenfold in a week, including the highest death toll in a 24-hour period reported Friday.
You can buy a flight from Hong Kong to New York for $201. The catch? You have to stop in Wuhan for 6 hours.
Wuhan, a city in central China, is at the epicenter of a global coronavirus outbreak that has infected almost 10,000 people and killed over 200.
Southwest flew millions of passengers on planes that were missing maintenance records, according to a new report
More than 17 million passengers flew on planes that were missing required documentation over roughly two years, the report claims.
Delta flight attendants fight back against Boeing and a system they claim fed them 'toxic' air
The system in question takes air from an aircraft's engines and brings it into the cabin for pressurization and air conditioning.
Bayer considers new tactic in Roundup settlement talks
(Reuters) - As Bayer AG (BAYGn.DE) tries to settle U.S. lawsuits claiming that its weedkiller Roundup causes cancer, the company is considering a proposal that would bar plaintiffs’ lawyers involved in the litigation from advertising for new clients, according to a person familiar with the matter.
Economic Survey: ‘Thalinomics’ Reveals How The Cost Of Your Thali Has Come Down Since 2015-16
How the common man’s food affordability has improved since 2015-16.
JCB Partners with Oceanpayment for Merchant Acquiring
Hong Kong & Tokyo, Jan 31, 2020 - (ACN Newswire) - JCB International Co., Ltd. ("JCBI"), the international operations subsidiary of JCB Co., Ltd., Japan's only international payment brand, and Oceanpayment Co., Ltd., China's leading cross-border payment brand, announced that they signed a License Agreement to start JCB merchant acquiring business. In order to strengthen the cooperative relationship, Mr. Hirohiko Sugiyama, Managing Director of JCB International (Asia) Ltd. and Lanny Yang, Co-Founder and EVP of Oceanpayment made greetings in Hong Kong to announce the partnership.
Rs 7,000 crore worth of transactions hit due to bank strike in Tamil Nadu
All India Bank Employees Association (AIBEA) general secretary CH Venkatachalam told Express that nine lakh cheques worth Rs 7,000 crore in the state could not be processed due to the bank strike.
Social Democrats propose affordable homes at €200k and the end to commuter hell in election manifesto
Entitled ‘Invest in Better’, the party said the document sets out a uniquely Irish version of the Nordic model”.
American optimism toward economy surges to 9-month high as job market hums
American households were more optimistic about the economy this month as a historically strong labour market helped offset a wave of potential concerns, including the impeachment trial of President Donald Trump and developments abroad.
47 Hip-Hop Albums Turning 10 in 2020
See them all here.
Navajo Code Talker Joe Vandever Sr. dies at age 96
The Navajo Nation has announced the death of a Navajo Code Talker.
Court strikes out MTN Nigeria’s suit against AGF, as FIRS, Customs take over tax probe
The Federal High Court has struck out MTN Nigeria's lawsuit against the Attorney General of the Federation, Abubakar Malami.
Outflows lead to restrictions on Aviva property funds
Investors in two Aviva Life and Pensions commercial property funds have been told they cannot withdraw their money for six months because of recent net outflows.
To mask or not to mask: confusion spreads over coronavirus protection
SINGAPORE/KUALA LUMPUR (Reuters) - “Do not wear a mask if you are well” read a warning plastered across the front of Singapore’s main newspaper on Friday, as authorities around the world sought to calm panic buying of masks seen as a guard against the fast-spreading coronavirus.
UK set to say goodbye to EU: Chronology of Brexit divorce deal
On January 29, 2020, the European Parliament approved the Brexit divorce deal under which the UK will leave the EU on January 31.
Coronavirus In Context
Experts are projecting that the current outbreak may get worse before it gets better.However, the mortality rate is below that of SARS with the elderly and people with pre-existing conditions being mo
France Agrees to End Airbus Corruption Probe in $4B Deal
A French court has approved an agreement with Airbus that would see the planemaker pay up to $4 billion to end years of corruption investigations by three countries.
Economic Survey 2019-20: Stubble burning incidents come down
But farmers continue this practice every year, starting winter
New $2.35M U of S research chair targets beef industry sustainability
Dr. Cheryl Waldner will work with the beef industry to address producer priorities, like improving herd health and managing antibiotic use.
N.S. court says man's rights not infringed when Grabher licence plate was revoked
A Nova Scotia Supreme Court judge has dismissed a claim by a man who says the province infringed on his freedom of expression when it revoked a licence plate personalized with his surname -- Grabher.
€1.6 million in drugs, €700,000 in cash and 'a number of gold bars' seized by gardaí
Two of the searches were by gardaí targeting international crime.
ITC Q3 pre-tax profit rises 4.5% to Rs 5049 cr on hotels, agro businesses
The company said that the macro-economic environment continues to be adversely impacted as reflected in GDP growth, and persistent weakness in consumption demand and investments
UN Urges Int'l Community to Rebuild Sudan Economy
A top UN official has warned that the international community would "pay a terrible price" if it fails to help rebuild Sudan's dilapidated economy as the African country transitions to civilian rule. "The story of Sudan in year 2020 is not the story
Thieves target non profit
For decades Venture Training has been assisting people with a variety of developmental challenges, so the loss of $800 is a huge blow to the non-profit group.
Airbus £830m settlement over UK bribery prosecution approved by High Court
The figure is the largest ever for a Deferred Prosecution Agreement and amounts to more than all previous similar settlements combined.
CCI dismisses complaint against Naspers-owned PayU Payments, Wibmo
The Competition Commission of India has dismissed allegations of unfair business practices against PayU Payments and Wibmo. It was alleged that PayU has intentionally foreclosed the market for other competitors by denying them proper access to Wibmo in the downstream market and has substantially created entry barriers for new market players.
Airbus £830m settlement over UK bribery prosecution approved by High Court
The figure is the largest ever for a Deferred Prosecution Agreement and amounts to more than all previous similar settlements combined.
Irish border communities ‘struggling to get mortgages due to Brexit’
Border Communities Against Brexit activists took their campaign for better public representation to Stormont on Friday afternoon.
Revival in sight: Economic Survey pegs FY21 GDP growth at 6-6.5%
Fiscal targets may have to be relaxed for the current year
Maria Bartiromo believes Trump will strike trade deal with Europe this year
President Trump will clinch a trade deal with Europe within the next year, Fox Business host Maria Bartiromo said Friday.
Survey trusts free markets to create wealth
CEA Krishnamurthy Subramanian suggests many micro solutions for macro problems
Blibli.com Debuts Cashierless Store; Nordstrom Pilots Resale Concept
News: eCommerce merchants are tapping into the world of brick-and-mortar retail by opening cashless and cashierless stores.
Economic Survey 2020 Brings Out ‘Thalinomics’ To Quantify What A Common Man Pays For Thali Across India
Thalinomics attempts to answer whether a thali has become more or less affordable.
Innovation Can’t Keep the Web Fast
Every so often, the fruits of innovation bear fruit in the form of improvements to the foundational layers of the web. In 2015, HTTP/2 became a published
Stocks decline as coronavirus keeps traders on edge
Stocks fell broadly Friday, the final day of the month, as traders tried to assess the potential economic impact of China’s fast-spreading coronavirus while weighing earnings from Caterpillar and Amazon.
Nick Ramsay AM takes the Conservative Party to court to lift his suspension
The AM was suspended after he was arrested at his home on New Year's Day
Booz Allen Hamilton Holding Corporation (BAH) CEO Horacio Rozanski on Q3 2020 Results - Earnings Call Transcript
Booz Allen Hamilton Holding Corporation (NYSE:BAH) Q3 2020 Earnings Conference Call January 31, 2020 08:00 AM ET Company Participants Nick Veasey - Vice President of Investor Relations Horacio Rozansk
GRAINS-Soybeans extend losing streak on coronavirus fears; corn firm, wheat weak
(Recasts, updates with U.S. trading, adds new analyst quote, changes byline/dateline; pvs PARIS/SYDNEY)By Mark WeinraubCHICAGO, Jan 31 (Reuters) - Chicago Board of Trade soybean futures fell on Friday, on track for their ninth straight day of losses, as concerns about the coronavirus cutting into Chinese demand beat back any attempts at a bargain-buying bounce, traders said.
Here are a few nuggets from Economic Survey in order to prevent frauds
Financial services exports have remained stagnant, averaging about $5 billion in recent years
Leila Janah, Indian-origin entrepreneur who hired the poor, dies at 37
Samasource, one of her companies, said the cause was epithelioid sarcoma, a rare soft-tissue cancer.
The outbreaks of both the Wuhan coronavirus and SARS likely started in Chinese wet markets. Photos show what the markets look like.
The Wuhan coronavirus outbreak likely started in a Chinese wet market, where livestock and poultry are sold alongside animals like dogs and civets.
Need new mechanism for revising fuel prices: South India Motor Transport Association
A revision once in three/six months can lift the mood of the transport sector that is battling many challenges, says SIMTA
Bozo Instagram influencers are exploiting coronavirus for clout
They're using tragedy for traction.
State taxes: Which are the most tax-friendly states for the wealthy?
Here is a list of 17 investments and strategies to help lower your taxes.
Economic Survey 2019-20: High fees push poor out of education system
Survey points to challenges of affordability and quality
Countries On China's 'New Silk Road' Face Coronavirus Fears
Countries in and around China's "Belt and Road" trade routes in Central and South Asia are taking steps to protect themselves from the spread of the coronavirus. Pakistan has halted all flights to and from China, Kazakhstan has closed a flagship border free-trade zone, and Tajikistan is screening arrivals with thermal scanners.
Managing investment, trade deficit: Are omnibus laws panacea for growth?
Two omnibus laws on job creation and taxation seem to be Jokowi’s new silver bullets to simplify Indonesia’s jungle of red tape. But are these laws the panaceas we have been looking for?
FP Dealmakers: Foreign firms gobbled up record number of Canadian companies in 2019
A number of Canadian companies were bought out by rivals or private equity firms last year
Penticton massage therapist faces new allegation of sexual misconduct
A Penticton massage therapist is facing new allegations of sexual misconduct.A notice of civil claim was filed against Leonard Krekic in B.C. Supreme Court
For start-up ecosystem to flourish, liquidity is the need of the hour
Tanuj Choudhry, Chief Business Officer, HomeLane India’s economic growth has been sluggish over the last few years and the impact has been concerning.
When It Comes To Cannabis Plays, Stay Away From Aurora Stock
Without a clear strategic plan to lower Aurora Cannabis's debt pile, a bet on Aurora stock would be nothing more than a gamble.
Magazines Dive Into Retail Again — This Time With Pot, Fashion And Delivery
Retail and magazines have always had a relationship, and recent developments indicate magazines are looking to take a more direct role in retail.
Economic Survey 2019-20: India can chart China-like export trajectory
It calls for integrating ‘Assemble in India for the world’ into Make-in-India
Your guide to the February ASX reporting season
Investors are bracing themselves for what could be a volatile February reporting season. Here are some stocks and secotors you should watch.
Women are the single largest exclusion in India’s farmer suicides data: P Sainath
Delivering his valedictorian address at the XVI National Conference of Indian Association for Women's Studies (IAWS) here, Sainath, 63, said climate change was going to affect women more as they are the providers of water, food, fodder and fuels.
Panic in markets: If Coronavirus is not tamed, trade with China may slump
The real impact of trade can be gauged after February 8 when the Chinese New Year holidays end
Theresa May Has Earned Almost £400,000 Since Quitting As Prime Minister
May will receive a £190,000 “signing bonus” after agreeing a deal with the Washington Speakers Bureau agency last month.
Verizon outages impact much of North Carolina
According to outage maps on Down Detector, there are widespread service outages for Verizon customers. Some US Cellular customers appear to be experiencing an outage as well.
UPDATED: Airlines canceling China flights over Wuhan coronavirus outbreak
As we’ve been blogging here at Boing Boing, the Wuhan coronavirus continues to spread, and airlines have begun suspending flights to and from China, where most confirmed cases are located. • …
UP: Lucknow Municipal Corporation Deploys Manhole Cleaning Robot To Eradicate The Practice Of Manual Scavenging
The first of the five robots was deployed by UP Minister Ashutosh Tandon and Lucknow Mayor Sanyukta.
Northern farmers ask Johnson for £300m to replace CAP payments
Estimates suggest that the majority of farmers rely on EU payments for at least 60% of farm income
Uptick in retail prices in FY20 mainly on veggies, pulses: Economic Survey
Consumer price inflation has been witnessing moderation since 2014, however, there has been an "uptick" in the prices of food items, particularly vegetables, owing to output disruptions and low base
Economic Survey sources data from Wikipedia, other private entities
The Survey is also marked by quotes from Shrimad Bhagavad Gita, Rig Veda, Adam Smith's 'An Inquiry into the Nature and Causes of the Wealth of Nations', Kautilya's Arthashastra, and Tamil saint and philosopher Thiruvalluvar's treatise The Thirukural.
Saudi International: Perez moves clear in Saudi Arabia as Johnson, Mickelson and Koepka need big weekend
Brooks Koepka, Dustin Johnson and Phil Mickelson may struggle to land the Saudi International title after Victor Perez took control.
Amazon Sees Upgrades All Around Wall Street Following Solid Cash Flow, Operating Income
Web hosting services seller and online retailer Amazon.com, Inc is seeing fresh optimism from Wall Street following strong revenue growth.
'Feel good' Budget may see cut in tax rate, sops for social sectors
FM is expected to pull out all stops to spur demand and investment, govt sources and economists said.
Third death as protests grow in Chile
A man died of carbon monoxide poisoning after a supermarket was torched in Chile's capital Santiago on Friday, bringing the death toll from a resurgence in violent unrest rose to three.
TS plans S-Hub with ₹25 cr. seed fund
Incubator to promote start-ups, sanitation and waste water recycling
3 main US airlines suspend flights between US and China over coronavirus
Delta Air Lines, American Airlines, and United Airlines
Delta flight attendants fight back against Boeing and a system they claim fed them 'toxic' air
Delta flight attendants are suing Boeing following an incident where they claim “toxic” air flowed into the cabin during a routine flight, the Chicago Tribune reported.
Can the Fed heavily pressure the USD? – Rabobank
"While the DXY dollar index turned lower following the dovish leaning of the FOMC on January 29, it remains above its January 21 level," note Rabobank
Matthews International Corporation (MATW) CEO Joseph Bartolacci on Q1 2020 Results - Earnings Call Transcript
Start Time: 09:00 End Time: 09:23 Matthews International Corporation (NASDAQ:MATW) Q1 2020 Earnings Conference Call January 31, 2020, 09:00 AM ET Company Participants Joseph Bartolacci - President and
Buyer Payments And Seller Payouts In A Changing Sharing Economy
Here's a look at the evolution of buyer payments and seller payouts in the changing sharing economy.
Helicopter in Kobe Bryant crash wasn’t certified for instruments-only flight
Ara Zobayan was licensed to fly using instruments alone, but the operating certificate by the Federal Aviation Administration limited Island Express Helicopters’ pilots to fly only under visual
Your business week: Halo Business Angel Network, SFA Business Connect 2020
Expert insight on hand from conference in Co Wicklow organised by Enterprise Ireland
Rand tumbles to 11-week low as coronavirus, power cuts weigh
The rand fell by nearly 4% over the week.
Irish border communities ‘struggling to get mortgages due to Brexit’
Border Communities Against Brexit activists took their campaign for better public representation to Stormont on Friday afternoon.
Economic Survey backs Temasek-like model proposed for divestment
Survey recommends transferring stake of listed govt firms to a corporate entity
165,000 baby sleepers from 4 different brands were just recalled for risk of infant suffocation — here's the list of recalled products
The US Consumer Product and Safety Commission (CPSC) recalled four brands of infant sleepers due of the risk of babies suffocating in them, according to a new report from NBC New York.
Wealthy are to be offered huge tax breaks by Uruguay’s new president to lure them to the country’s coastal resorts and help boost the economy as other South American countries crumble
Luis Lacalle Pou says he wants to offer residency to up to 200,000 by slashing the minimum amount of property foreigners need to buy to qualify.
ITC Q3 net profit grows 29% to Rs 4,048 crore
Net sales increased 5.71 per cent during the December quarter this fiscal to Rs 13,220.30 crore, as opposed to Rs 12,506.05 crore in the corresponding period a year ago
India's annual growth slows to 5% as New Delhi vows revival
India needs to create jobs for the 1.2 million new entrants to the labor market every month but unemployment levels have hit a four-decade high.
Economic Survey: Take a cue from China to create 40 million jobs by 2025
Economic Survey: Take a cue from China to create 40 million jobs by 2025 Survey suggests integration of Assembling in India into Make in India
EUR/USD approaches a 1.1100 as the US dollar drops further versus majors
The EUR/USD pair rose further and printed a fresh weekly high at 1.1090. So far today it gained more than fifty pips, having the best daily performanc
Apple Supplier Japan Display Reaches $930 Million Bailout Agreement With Ichigo
Struggling Apple supplier Japan Display has reached a deal with Ichigo Asset Management to receive up to 100.8 billion yen ($930 million USD) in bailout funding.
Thalinomics in times of rising prices: Veg, non-veg thalis more affordable, says Eco Survey
Calling it 'Thalinomics', Krishnamurthy V Subramanian compared price of standard veg and non-veg meal plates across the country to say that affordability as a factor of daily wage has improved overtime, indicating improved welfare of the common person.
Atlanta Fed's GDPNow stands at 2.7% for first quarter of 2020
The real gross domestic product (GDP) in the United States is expected to expand by 2.7% in the first quarter of 2020, the Federal Reserve Bank of Atl
I visited London's Harley Quinn-themed pop-up complete with a roller disco, Urban Decay makeovers, and colorful cocktails, Business Insider - Business Insider Singapore
Business Insider - After spending almost three hours there, I agreed with cosplayers who called it a "once-in-a-lifetime opportunity.". Read more at businessinsider.sg
You can buy a flight from Hong Kong to New York for $201. The catch? You have to stop in Wuhan for 6 hours.
A Chinese airline is offering travellers a rare deal – a flight from Hong Kong to New York for $US200.
'Chemical incident' on industrial estate
A cordon was put up and factories evacuated following a "chemical incident".
NY Fed's GDP Nowcast fell to 1.5% for first quarter of 2020 from 1.7%
"Yesterday’s advance estimate from the Commerce Department of real GDP growth for 2019:Q4 was 2.1%. The latest New York Fed Staff Nowcast was 1.2%," n
Economic Survey 2019-20: GDP data accuracy story
The Economic Survey also added that since 10% increase in new firm creation increases district-level GDP growth by 1.8%.
Airbus £830m settlement over UK bribery prosecution approved by High Court
The figure is the largest ever for a Deferred Prosecution Agreement and amounts to more than all previous similar settlements combined.
Wreckage of ship tied to Bermuda Triangle found off Florida
Scientists have found the wreckage of a cargo steamship that became associated with the Bermuda Triangle when it disappeared in 1925 off the Atlantic Coast of Florida. The 250-foot (76-meters) SS Cotopaxi was sailing from Charleston, South Carolina, to Havana when it disappeared along with its 32-person crew. But a…
Saudi int’l reserves record three-year high in 2019
Riyadh – Mubasher: Saudi Arabia’s foreign reserves grew by 0.59% year-on-year in 2019, recording its highest level in three years. Saudi international reserves rose to $499.54 billion in 2019, compared to $496.59 billion in the year-ago period. It …
30 years later, Economic Survey lays down the ground for Liberalisation 2.0
Embracing capitalism in a new avatar
Extreme Volatility Inbound: Why Today Is Critical For the Crypto Market
The crypto market has risen over 40% since the start of 2020, thanks to gains from Bitcoin, Ethereum, XRP, and other altcoins.
Govt. issues ₹18.10 cr. for construction of fire-ravaged temple mandapam
407-year-old Veera Vasantharayar Mandapam was destroyed on Feb. 2, 2018
Economic slowdown bottomed out, uptick from here onwards: CEA K V Subramanian after Economic Survey
Chief Economic Adviser K V Subramanian on Friday said India's GDP is expected to grow at 6-6.5 per cent next fiscal as the economic slowdown has bottomed out.
Business as usual at PBA Holdings despite criminal case on shareholder
GEORGE TOWN: PBA Holdings Bhd (PHB), which owns Penang water supply company Perbadanan Bekalan Air Pulau Pinang (PBAPP) Sdn Bhd, today said the on-going criminal case involving a PHB shareholder has no effect on the standing and operations of the company.
Google reaching out to D.C. policy experts with explainer tech summits
In today's regulatory climate, Big Tech is increasingly engaging with governments and other influential groups. A Google tech policy summit...
Brexit supporter burns EU flag near Downing Street in London
LONDON (Reuters) - A Brexit supporter burned a European Union flag beside Downing Street in central London on Friday as others jeered at pro-EU demonstrators in the final hours before the United Kingdom is due to leave the bloc.
Privatisation pitch: BPCL’s short-term price rally not a convincing argument
What really matters for long-term wealth creation is true reforms and free market
Bank of Ghana’s corporate guidelines pushes some board chairs and CEOs out of office
The Bank of Ghana has revealed that several board chairs and Chief Executive Officers (CEOs) of banks in Ghana have left their positions.
‘Buying a gun easier than opening a restaurant in Delhi: Chief Economic Advisor’
Analogy given by Chief Economic Advisor for improving the ease of doing business in India
Dunne seeking US injunction against son, court hears
Developer seeking to prevent son accessing €14m from sale of Walford
The Bubble: Bigger, Fatter, Uglier
Reflecting on presidential debate proclamations past.What progress has been made in addressing the big, fat, ugly bubble identified in September 2016?What are the implications of the bigger, fatter, u
USD/CHF slumps to two-week lows near 0.9640
The USD/CHF pair came under renewed bearish pressure in the last hour and slumped to its lowest level since January 16th at 0.9639. As of writing, the
Does Sensex really mirror the economy?
Change in index constituents also influenced by trading volume, market capitalisation
Q&A: Why AI is going to become more mainstream for business
The CEO of Yellowfin (BI analytics company) explains that although the adoption of analytics is still low amongst businesses, companies like Yellowfin are helping leaders think differently and make transformational value and change through data.
7 European ETFs to Buy as the Continent Begins Its Rebound
European equity markets have long lagged the U.S. But these European ETFs are worth a second look with nice valuations and yields.
Digital companies, liable to tax under new Finance Act — Osinbajo
Vice President, Yemi Osinbajo says multinational digital companies operating abroad with significant economic presence in Nigeria will be sub
The real estate industry hopes for favorable financial decisions in budget 2020
Ashish Sarin, CEO, AlphaCorp Considering the role of the sector in economy, there is intense speculation and simultaneous optimism that the government would announce some growth measures for the segment.
5 Stocks Under $5 With Colossal Growth Prospects
While some argue you get what you pay for, others say that stocks to buy trading at low levels can represent compelling opportunities.
Multibillion-dollar tax breaks for movie production are getting bad reviews, and some states are walking out
More and more states and cities are souring on the breaks they gave Hollywood production companies in hopes of becoming movie meccas.
Investigators Bust €6 Million Bitcoin and Gold Fraud Scheme
An international task force of French, Belgian and Israeli investigators brought down a fraud scheme responsible for stealing €6 million from French and Belgian citizens.
Indonesia deports American journalist over visa regulations
JAKARTA, Indonesia (AP) — Indonesian authorities deported an American journalist who was detained for more than six weeks after meeting with indigenous rights activists on Borneo island, his lawyer said...
Airbus agrees to pay record €991m UK fine in €3.6bn global bribery settlement
A London court today approved a record €991m (£833m) fine for Airbus in exchange for suspending the prosecution of alleged [...]
Prosecution objects to Najib, family examining items seized by police
KUALA LUMPUR: The prosecution is opposing an application by Datuk Seri Najib Razak and his family for permission to physically inspect items allegedly purchased using funds siphoned from 1Malaysia Development Bhd (1MDB) which were seized from them shortly after the 14th General Election (GE14) .
Abdul Jalil succeeds Hamzah Bakar as Sapura Energy's chairman
KUALA LUMPUR: Sapura Energy Bhd has appointed Abdul Jalil Abdul Rasheed as its non-independent non-executive chairman, succeeding Datuk Hamzah Bakar, effective February 1.
OPEC's oil output in January declined 640K bpd to 28.35 million bpd
The crude oil output of the Organization of the Petroleum Exporting Countries (OPEC) fell 640,000 barrels per day (bpd) in January to 28.35 million bp
Burger King says it never promised Impossible Whoppers were vegan
Burger King said plaintiff Phillip Williams should have asked how Impossible Whoppers were cooked before ordering one
Brexit: Industry leaders give trade deal hopes and fears
LEADERS in Jersey’s fishing, farming and hospitality industries have outlined their hopes and fears as the UK prepares to leave the EU and negotiate a new trade deal by the end of this year.
Why the new home of Guinness is right here in the US
What happens when you combine over 260 years of Irish brewing experience with American beer creativity? You get the Guinness Open Gate Brewery in Maryland - the only place in the whole world where you can find these two qualities together.
Deficit at $11.8 billion
The federal government ran a deficit of $11.8 billion over seven months of its 2019-20 fiscal year compared with a deficit of $2.1 billion in the same period last year.
Coronavirus: SEAMATA urges traders to avoid business trips to China
southeast Amalgamated Market Traders Association, SEAMATA, has urged traders to shelve all business trips to China
State of emergency declared as bushfire threatens Australian capital
Australian officials declared a state of emergency for the capital city of Canberra and surrounding regions on Friday, as soaring temperatures and strong winds threatened to propel a large bushfire beyond the control of firefighters.
Thousands on virus lockdown at China-backed plant in Indonesia
More than 40,000 workers at a vast Chinese-controlled industrial complex in Indonesia have been quarantined over fears about the spread of a deadly coronavirus strain which has killed more than 200 people in China, it said Friday.
Many regional reasons to say yay to Northwest chardonnay
Wineries are making more food-friendly versions of the white Burgundy wine than ever before.
African Economic Outlook indicates steady growth through 2021
AfDB's 2020 African Economic Outlook shows that growth remained stable in 2019 at 3.4% and is on course to pick up to 3.9% in 2020, and 4.1% in 2021.
SBI posts highest-ever quarterly profit of Rs 5,583 crore in Q3
SBI Q3 results: The bank's gross non-performing assets (NPAs) ratio declined to 6.94 per cent in Q3FY20 versus 8.71 per cent in the same quarter last year
Economic Survey 2019-20 highlights: Back to Adam Smith's Invisible Hand
India's aspiration to become a $5 trillion economy depends critically on strengthening the invisible hand of the market, it said. And this needs to be done with the hand of trust through government intervention by facilitating pro-business policies.
New coronavirus outbreak affects tourism in Canada as confirmed cases in China climb
An expert says Canadian bats are unlikely to be the source of a new coronavirus that is infecting humans and raising global alarm.
Gas goes up, gas goes down
The price of petrol continues to yo-yo in the North Okanagan.
This globetrotting Lake Stevens bartender is aiming high
Macara “Mac” Hinds tended bar in Germany and traveled in Norway and Thailand. Now she is training to fly airplanes.
Britain prepares to leave EU amid public concerns over uncertainty
LONDON, Jan. 30 -- Amid continuing public concerns over uncertainties, Britain is set to leave the European Union (EU) on Friday after its Prime Minister Boris Johnson's Brexit deal was given final seal of approval in the European Parliament Wednesday.
Premarket: World shares struggle for footing after virus-battered week
Oil and copper prices set for worst month since May
GDP growth neither over nor underestimated, data woes baseless: Eco Survey
The Economic Survey tabled in Parliament on Friday said the level and growth of a country's GDP informs several critical policy initiatives as it is a barometer of the economy's size and health
Crude Oil Futures: The negative view remains unchanged
Open interest increased by around 14.2K contracts on Thursday, reaching the second build in a row as per advanced readings from CME Group. In the same
Listed companies in Taiwan required to disclose info in English starting July
The move signals Taiwan’s bid to draw foreign investors, which hold a combined 40 percent stake in local equity market
Finance Ministry Summons Infosys Asking Explanation For Its Inability To Resolve Technical Glitches Galore In GST System
Finance Ministry Summons Infosys Asking Explanation For Its Inability To Resolve Technical Glitches Galore In GSTN
JUST IN: Downtown Dayton to get a new hotel with rooftop bar
The developer who opened downtown Dayton’s first newly constructed hotel in decades wants to build another one nearby by Day Air Ballpark, where the Dayton Dragons play.
Work at state-owned banks affected as employee unions go on 3-day strike
Private sector lenders like ICICI Bank and HDFC Bank were working as usual.
Thousands on virus lockdown at China-backed plant in Indonesia
More than 40,000 workers at a vast Chinese-controlled industrial complex in Indonesia have been quarantined over fears about the spread of a deadly coronavirus strain which has killed more than 200 people in China, it said Friday.
WTI pares back gains below $53 ahead of US drilling data
WTI (oil futures on NYMEX) reverses half the Thursday’s recovery rally and surrenders the $53 mark in European session this Friday. The black gold ext
GDP growth expected to rebound to 6-6.5 per cent in 2020-21: Economic Survey
The Economic Survey 2019-20 tabled in Parliament said there are tentative signs of bottoming out of slowdown in manufacturing activity and global trade, which will have a positive impact on growth in the next fiscal.
Markets cheerful despite slump in GDP growth, Sensex up 7%: Economic Survey
Benchmark indices Nifty50 and S&P BSE Sensex reached record highs during 2019-20 (up to January 16, 2020).
Market Pulse on January 30th
S&P 500 3283,66 +10,26.
Huawei 5G role being capped in the UK will cost £500 million: British Telecom
BT (British Telecom) has stated that Britain’s decision to limit Huawei‘s involvement in building 5G infrastructure would have increased the cost of its gigabit-communications plan by about 500 million pounds over five years. British Telecom is the largest mobile broadband network provider and its Chief Executive, Philip Jansen, said he welcomed the use of vendors …
Barclays introduces video games tax relief loans
Developers able to claim 90% of their tax credit before it is fully processed
Millennium Hotels and Resorts partners with Johnson Controls
In line with the UAE Agenda 2030 for Sustainable Development, Millennium Hotels and Resorts and Johnson Controls announced a Technology Alliance to drive energy savings and operational cost reduction applying latest energy efficiency product technology and digitalization concepts. Kevork Deldelian, Chief Executive Officer of Millennium Hotels and Resorts MEA, said: “We are delighted to collaborate with Johnson Controls on sustainable energy solutions to reduce operational costs. The partnership will address Millennium’s entire asset portfolio of existing and new hotels including more
IKEA customers can now pay someone to build flatpacks in their homes
It's available for Nottingham customers
Thalinomics and the improved affordability of a plate of food
Move over the Big Mac Index! The Economic Survey 2020 has made a unique attempt to quantify the cost incurred in putting together one complete home-made meal — the healthy Indian thali.A trend of coin
Expert says Canadian bats unlikely to be a source of new coronavirus
SASKATOON — Canadian bats are unlikely to be the source of virus strains that can infect humans such as the one currently raising global alarms, a bat expert says.
Pakistan halts China flights amid coronavirus outbreak
LONDON: Civil disobedience group Extinction Rebellion staged a protest outside McKinsey & Company’s London office on Friday to demand the consulting firm use its influence over companies and governments to drive far-reaching action on climate change. At least 30 protesters gathered outside the building holding banners emblazoned with slogans such as “Business As Usual = Death”
Push for micro-irrigation says Economic Survey
The Economic Survey say that through government schemes like the Pradhan Mantri Krishi Sinchayee Yojana (PMKSY) which was launched in 2015 the area under micro-irrigation was increasing.
A little-known trucking company surges nearly 58% after Volkswagen unit makes a surprise offer to buy (NAV)
US truck manufacturer Navistar's shares shot up in pre-market trading Friday, after a Volkswagen unit said Thursday it could buy the company in ...
More documents needed to open a restaurant than to buy a pistol, says Economic Survey 2019-20
36 approvals are required to open a restaurant in Bengaluru, Delhi requires 26, and Mumbai 22.
Student paramedics to receive yearly £5,000 payment support
For the first time under NHS funding, student paramedics will receive £5,000 a year to support them whilst they are at university
OYO Hotels & Homes selects Sabre as its long-term strategic partner
SINGAPORE and ATHENS – Sabre Corporation has signed a strategic long-term global partnership with OYO Hotels & Homes. With this partnership, OYO will be connected to almost 900,000 travel agents globally, through the GDS connectivity solution powered by Sabre Hospitality Solutions’ innovative SynXis platform, that will help OYO generate increased bookings and open up additional revenue opportunities for its asset owners worldwide. Maninder Gulati, Global Chief Strategy Officer, OYO Hotels & Homes said, “At OYO Hotels & Homes, we have built
Abidali Neemuchwala resigns as Wipro CEO, to hold position till successor is found
The company has not specified any time frame to find the successor.
Drug Price Control Order led medicines to become costlier: Economic Survey
Survey urges government to opt for bulk procurement to provide affordable drugs
Asia shares fight for footing after turbulent week
Asian share markets battled to regain their footing on Friday as investors clutched at hopes China could contain the coronavirus, even as headlines spoke of ever more cases and mounting deaths.
Telefonica creates new global digital consumer unit
Telefonica has announced the creation of a new global unit designed to make sales processes and customer relations “more digital, faster and simpler” as part of the action plan launched in November to generate more than EUR 2 billion a year in additional revenues from 2022 onwards. The new unit, dubbed Chief Digital Consumer Office (CDCO), will be led by Chema Alonso, until now responsible for the company’s data strategy and cognitive intelligence project. Telefonica said the unit will above all promote innovation in new digital products and services, with a special focus on the digital home, as well as innovation in networks and relations with the entrepreneurial and startup community.
Miley Cyrus and Liam Hemsworth finalise divorce
Miley Cyrus and Liam Hemsworth finalise divorce
Sonko fires 2 in Cabinet reshuffle
Nairobi Governor also reinstates suspended 'super CEC' Charles Kerich.
SBI profit jumps 41% to ₹6,797crore in Q3 on lower provisioning
Consolidated income rose to ₹95,384.28 crore in the third quarter from ₹84,390.14 crore in October-December 2018-19, SBI said in a regulatory filing
Jeff Bezos added £10,000,000,000 to his fortune in just 15 minutes
The world's richest man just got richer.
PAL suspends charter flights to China
Philippine Airlines (PAL) has started suspending charter flights between Kalibo and parts of China but will maintain its scheduled flights between Manila and Beijing, Pudong Shanghai, Guangzhou, Jinjiang, Xiamen, Hong Kong, and Macau.
Economic Survey 2020: The thali, India's own Big Mac Index
What Subramanian has done is somewhat similar to the Big Mac index, but at a national level. He has mapped out what a regular thali costs at a regional level and at the state level from 2007/08 to 2019/20
Thailand and UK confirm coronavirus cases, Japan steps up measures - Risk takes a hit
The risk sentiment is witnessing a fresh knockdown as the coronavirus outbreak is rapidly spreading outside China, with Thailand confirming its first
Flush With $4.5M Funding, Haus Launches Monthly Wine Subscriptions
Haus has secured $4.5 million in financing for its subscription-based aperitifs. Haus members can choose from three monthly subscriptions, costing $35 to $144.
India's GDP growth neither over- nor underestimated, says Economic Survey
Recently, Arvind Subramanian, the Narendra Modi government's former chief economic adviser, had said India's economic growth rate has been overestimated by around 2.5 percentage points between 2011-12 and 2016-17 due to a change in methodology for calculating GDP.
Nyoro inaugurated Kiambu Governor, takes over from impeached Waititu
KIAMBU, Kenya, Jan 31 – James Nyoro was Friday installed the Governor of Kiambu, following the Senate’s decision on Wednesday to uphold the impeachment of - Kenya breaking news | Kenya news today | Capitalfm.co.ke
US tourism & leisure industry sees a drop of 10.3% in deal activity in December 2019
The US tourism & leisure industry saw a drop of 10.3% in overall deal activity during December 2019, when compared with the last 12-month average, according to GlobalData’s deals database. A total of 35 deals worth $415.18m were announced in December 2019, compared to the 12-month average of 39 deals. M&A was the leading category in the month in terms of volume with 19 deals which accounted for 54.3% of all deals. In second place was venture financing with 11 deals, followed by
It's That Time Of Year: No, The NFL Can't Stop Every Business From Using 'Super Bowl' In Every Instance
It's an annual tradition here at Techdirt, something like our deranged version of Christmas. Whenever the start of February rolls...
Amazon lifts profit in Q4 despite weak international ops, sees mixed Q1
Amazon said revenues for its fourth quarter advanced to USD 87.4 billion from 72.4 billion the year before, including a negative forex effect of USD 120 million, well in line with expectations. Despite a forecast for a lower profit, the operating profit crept up to USD 3.9 billion from 3.8 billion, and the net profit lifted to USD 3.3 billion or USD 6.47 per diluted share, from 3.0 billion and 6.04 per share.
Farm confidence rises but concern about compliance costs
Farm confidence rises but concern about compliance costs runs deep
Unscrupulous SA security companies abusing Zimbabweans
The Association of Private Security Owners of South Africa (TAPSOSA) has called on authorities to look into the plight of Zimbabwean security officers being abu...
Budget 2020: How can FM Nirmala Sitharaman put India back on growth trajectory towards a $5 trillion economy
Union Budget 2020:
Economic Survey 2020 draws heavy references from Kautilya's Arthashashtra
Economic Survey 2020: The document also defends Kautilya and says that he is often misrepresented because of impartial reading of Arthshashtra
Wanderlust Magazine announces 2020 Reader Travel Awards
Sensational wildlife spots. A unique tribal culture. Otherworldly red deserts. These are just a few of the reasons why Namibia has been voted Top Country in the Wanderlust Reader Travel Awards 2020 , with Kyrgyzstan, Scotland and Asian destinations also celebrating success. The awards were presented at a special event hosted at Destinations: The Holiday and Travel Show at Olympia today, 30th January 2020, co-hosted by Wanderlust Magazine’s Co-founder and Editor-in-Chief Lyn Hughes. This marks Namibia’s second Top Country win in a row.
Thousands on virus lockdown at China-backed plant in Indonesia
More than 40,000 workers at a vast Chinese-controlled industrial complex in Indonesia have been quarantined over fears about the spread of a deadly coronavirus strain which has killed more than 200 people in China, it said Friday. PT Indonesia Morowali Industrial Park has sealed off its nickel mining
Watchdog probes jump in sterling before Bank of England rate decision
City watchdog the Financial Conduct Authority has opened an investigation into the jump in the value of the pound shortly [...]
Helping prepare medium business for 2020
Medium businesses don’t have the same resources as larger businesses to pursue new technology improvements, says Brad Pulford, GM – Channel & Distribution at Dell Technologies Africa.
Retirement Target Date Allocation Glide Path In-Depth View
Allocation between OWN, LOAN and RESERVE Super Classes will determine the bulk of your investment returns.Age or retirement target date Allocation Glide Path provides guide to OWN and LOAN allocation
Economic Survey: Time to scrap Essential Commodities Act?
‘Government intervention in agriculture market doing more harm than good’
Budget Session: Economic Survey 2019-20 To Be Presented In Parliament Today
The budget session of the Parliament is set to commence from Friday (31 January) with an address by President Ram Nath Kovind to joint sitting of both the houses, reports India Today.
Qatar Airways to host 2nd CAPA Qatar Aviation Aeropolitical and Regulatory Summit
DOHA, QATAR – Following the success of last year’s CAPA Qatar Aviation, Aeropolitical and Regulatory Summit, the first summit of its kind held in the Middle East, Qatar Airways looks forward to welcoming industry leaders, national regulatory authorities, international and regional aviation organisations, and air transport executives from around the world to Doha next month for the second edition. This important summit will see senior aviation decision-makers from across the public and private sector gather for two days, from 5-6 February
Coronavirus: Spurt in fertiliser import costs seen due to plant closure
Exporters not to worried for now, say concerns may kick in only if virus spread isn't controlled; leather sector stand to gain.
Free bandwidth for office parks – Accelerit Business Solutions
Accelerit is offering the first five clients to sign up on its feasible office parks free Internet based on a needs analysis conducted with the client.
In Talisay, desperate residents beg on the street for money, water
Talisay Mayor Gerry Natanauan says the municipal government cannot just stop the people from begging, as it is an 'opportunity' calamity victims tend to resort to
Economic Survey suggests cutting subsidy to increase fiscal legroom
Cutting the food subsidy can help provide more fiscal room, according to the Economic Survey.
Economic Survey Projects India's GDP Growth at 6-6.5 Per Cent for 2020-2021
New Delhi (Sputnik): Amid the widespread slowdown in the Indian economy, the government lowered its national income growth forecast for the current fiscal year from April 2019-March 2020 to 5 per cent against the earlier projections of 7 per cent.
Coronavirus: 58 Telugu techies stranded in Wuhan want to return home
The parents of youths are asking the state and the Centre to bring their wards back home at earliest
Senate probes NNPC over $396m spent on refineries’ maintenance
The Senate on Thursday resolved to probe the Nigerian National Petroleum Corporation (NNPC) over the sum of $396 million expended on..
How analytics can help expand market share and generate revenue
Fintech players have captured the marketplace with efficient customer experience and proven that mass-market growth is achievable, without branches and with mobile-based applications. What sets new financial entrants apart is that they are adaptable and can provide customers with financial advice in a way that suits them.
Bharti Airtel removed from DGFT’s Denied Entry List
Telecom major submits
Chinese tourists cancel trips to Canadian hotspots such as Banff, Yellowknife
Tour companies and hotels in destinations popular with Chinese tourists are starting to see cancellations after a new form of virus that has led to mass qua
Azmin to lead working visit to Japan to explore new economic cooperation
KUALA LUMPUR, Jan 31 — Economic Affairs Minister Datuk Seri Mohamed Azmin Ali will lead the Malaysian delegation of senior officials from his ministry for a six-day working visit to Japan from February 1-6. In a statement today, the Ministry of Economic Affairs (MEA) said the delegation will...
Economic Survey 2020 projects GDP growth at 6-6.5% in FY21
The Economic Survey 2020, prepared by Chief Economic Advisor Dr Krishnamurthy Subramanian, was tabled by Union Finance Minister Nirmala Sitharaman in Parliament Friday.
As Delhi gangrape convicts await execution, a reminder: death penalty does not ensure women’s safety
India has an obsession with retributive and deterrent approaches and an increasing aversion to another goal of punishment – rehabilitation.
Coronavirus: Air India's special flight to depart from Delhi for Wuhan on Friday for evacuation of Indians
The government on Thursday reached out to over 600 Indians living in China's Hubei province, the epicentre of the novel coronavirus outbreak.
Economic Survey 2020: Theme, Colour, Significance | All You Need to Know
"As PM Narendra Modi said wealth can't be distributed unless it's created," said the CEA explaining why wealth creation has been chosen as the theme of this year's economic survey
Uptick in retail prices in FY20 mainly on veggies, pulses: Survey
The Economic Survey 2019-20, presented in Parliament by Finance Minister Nirmala Sitharaman stated that inflation has been witnessing moderation since 2014, however, recently there has been an "uptick
VN-Index plummets further amidst coronavirus crisis - VnExpress International
The benchmark VN-Index plunged 22.96 points, or 2.39 percent, to 936.62 Friday to reach its lowest level since February 11 last year.
China's factory activity falls in January as virus fears grow
Official figures released Friday showed that the Purchasing Managers' Index (PMI) for manufacturing, an early gauge of factory activity, came in at 50.0, down slightly from 50.2 in the month before. A reading above 50 indicates the sector is expanding while below 50 shows a contraction.
Chinese tourists cancel trips to Canadian hotspots such as Banff, Yellowknife
Tour companies and hotels in destinations popular with Chinese tourists are starting to see cancellations after a new form of virus that has led to mass quarantines and more than 200 deaths in China.
What these eight business leaders learned from their biggest failures
Issy Sharp, Jim Treliving and more on how flaming out made them better
Unilever sales growth stagnates amid sluggish household consumption
The Anglo-Dutch company booked a 2.7 percent year-on-year (yoy) growth in sales to Rp 42.9 trillion (US$3.15 billion) in 2019, the company said in a statement obtained by The Jakarta Post on Thursday.
The UK has confirmed its first 2 cases of Wuhan coronavirus, Business Insider - Business Insider Singapore
Business Insider - The virus, which originated in the Chinese city of Wuhan, has now spread to at least 20 countries worldwide.. Read more at businessinsider.sg
Uptick in retail prices in FY20 mainly on veggies, pulses: Economic Survey
The Survey has recommended measures to safeguard farmers through procurement under Price Stabilization Fund to help regulate the price volatility of important agri-horticultural commodities and also added that MSP needs to be made more effective. For the current financial year so far, food and beverages emerged as the main contributor to retail inflation.
IHG debuts upscale brand, voco in Africa with Valor Hospitality Partners Africa
JOHANNESBURG, SOUTH AFRICA - InterContinental Hotels Group, one of the world’s leading hotel companies, has signed voco The Bank, Rosebank in South Africa in partnership with Valor Hospitality Partners Africa. Earlier this year, IHG announced the signing of a Master Development Agreement (MDA) with Valor Hospitality Partners Africa to roll out multiple franchise hotels over the next 10 years, across IHG’s portfolio of brands in midscale, upscale and luxury segments. This is the first signing under the MDA and adds
USD/JPY stays under pressure and targets 108.40 – UOB
FX Strategists at UOB Group keep the negative view on USD/JPY and still see a potential move to 108.40 in the next weeks. Key Quotes 24-hour view: “Th
Airlines suspend China flights because of coronavirus
(Reuters) - Airlines are suspending flights to China in the wake of the new coronavirus outbreak.
Warren Buffett's $4.6 million crypto lunch was eBay's priciest purchase in 2019. It still hasn't happened., Business Insider - Business Insider Singapore
Business Insider - Tron chief Justin Sun bought the charity meal with Berkshire Hathaway's boss but bailed at the last minute, sparking conspiracies.. Read more at businessinsider.sg
Funding National Infra Pipeline would be a 'challenge': Economic Survey 2019-20
To achieve GDP of USD 5 trillion by 2024 – 2025, India needs to spend about USD 1.4 trillion (Rs.100 lakh crore) over these years on infrastructure so that lack of infrastructure does not become a constraint to the growth of Indian economy, the survey said.
Govt plans to sell 15% take in HAL via offer for sale
The government is planning to sell 15 per cent stake in Hindustan Aeronautics Ltd (HAL) through an offer for sale, which could fetch about Rs 4,000 crore to the exchequer.
WHO declares global virus emergency as death toll hits 213
The World Health Organization declared a global emergency over the new coronavirus, as China reported Friday the death toll had climbed to 213 with nearly 10,000 infections.
Public Mutual declares distributions of more than RM64m for five funds
KUALA LUMPUR, Jan 31 — Public Mutual, a wholly-owned subsidiary of Public Bank, today declared distributions amounting to more than RM64 million for five funds for the financial year ended January 31, 2020. The gross distributions include 5.0 sen per unit for Public Money Market Fund, 4.25 sen...
EU Lawmakers Vote Overwhelmingly in Favor of Charging Cable Standard, Despite Apple's Protestations
Despite criticism from Apple, EU lawmakers on Thursday voted overwhelmingly in favor for new rules to establish a common charger for all mobile device makers across Europe. From a report: Members of the European Parliament voted by 582-40 for a resolution urging the European Commission, which drafts...
United Business Solutions’ successful green printer offering
The remanufactured line is carefully handpicked from thousands of low-usage, off-lease and demo printers in Europe and around the world.
ODM Governor Loses Father
An ODM Governor is in grief following news on Friday morning that his recuperating father had...
Myanmar earns US$310 M from fishery exports in 2020
Myanmar earned about US$310 million from fishery export from October 1 to January 17 in this fiscal year and it is more US$45 million compared with the amount of fishery export in the same period in the last fiscal year, according to figures from the Ministry of Commerce.
Online ads still vulnerable to manipulation in US election
Older men in Arkansas might see a close-up photo of President Donald Trump pumping his fist in the air, along with a message asking them to donate $30 to his campaign for a Super Bowl commercial.
Indiabulls Real Estate to merge certain Embassy Property projects with self
Embassy is in discussions with financial investors such as The Blackstone Group Inc. and others to raise up to $200 million before the said merger. This equity investment of $200 million will bring significant cash in the merged entity for expanding its business operations.
ASEAN sustainable finance: A huge gap means a huge opportunity
While many investors, corporations and financial institutions have announced a commitment to achieving the SDGs, capital is not flowing at the required speed to those countries where SDG investment matters most.
Formal employment rises from 17.9% to 22.8% in 6 years: Economic Survey
Economic Survey: A rise in share of formal employment indicates that more people are getting regular jobs and being employed in the organised sector.
China's factory activity falls in January as virus fears grow
China's manufacturing activity slipped in January, official data released Friday showed, as the country grapples with a new virus that has claimed more than 200 lives.
5 Cases Where The Wuhan Coronavirus Was Used To Discriminate Against Chinese
Some restaurants in Japan and South Korea are rejecting Chinese customers.
Raising funds for infrastructure will be "challenge": Economic Survey
States that well prepared projects might attract investors
As coronavirus spreads across China, cities resemble ghost towns, residents show how to kill time
Several cities in China resemble ghost towns as very few people seem to be taking the risk of leaving their homes for fear of being infected by coronavirus.
Bitfinex Exchange Launches Tether Gold (XAUT) Margin Trading with 5x Leverage
Bitfinex crypto exchange has announced the launch of its Tether Gold margin trading service. Traders on the platform can now trade various pairs of Tether Gold, including XAUt/USD, XAU/USDt and XAUt/BTC with up to 5x leverage, according to a press release on January 30, 2020.
Amazon lifts profit in Q4 despite weak international ops, sees mixed Q1
Amazon said revenues for its fourth quarter advanced to USD 87.4 billion from 72.4 billion the year before, including a negative forex effect of USD 120 million, well in line with expectations. Despite a forecast for a lower profit, the operating profit crept up to USD 3.9 billion from 3.8 billion, and the net profit lifted to USD 3.3 billion or USD 6.47 per diluted share, from 3.0 billion and 6.04 per share.
CELLINK resolves directed share issue of SEK 377 million
The Board of Directors of CELLINK AB (publ) has, based on the authorization given by the Company’s Annual General Meeting that was held on 18 December 2019, resolved on a directed share issue of 3,890,000 new shares of series B (corresponding to approximately 10 per cent of the total number of outstanding shares in the Company) at a subscription price of SEK 97 per share (the “Share Issue”), which means that the Company receives SEK 377,330,000 before transaction costs.
Economist who counted $40 billion cost from SARS predicts far bigger hit from new coronavirus
The global cost of the coronavirus could be three or four times that of the 2003 SARS outbreak, which sapped the world's economy by $40 billion, according
Risky Time For A Valero Investment
VLO beat earnings estimates for 4Q19.But market conditions have since deteriorated.Product stocks are oversupplied and refinery margins have dropped.The virus in China is a headwind of unknown depth a
Rewane outlines sectors to drive economy in 2020
Bismarck Rewane says Nigeria’s economic growth will be dependent on three sectors going into 2020.
Bank employees across India participate in two-day nationwide strike
The employees have joined the strike as the early wage revision settlement has been due since November 1, 2017
Michael Gove admits post-Brexit trade with the EU will NOT be 'frictionless' as Boris Johnson 'prepares to ask Brussels for an "off-the-shelf" Canada-style deal'
Michael Gove today admitted UK trade with the EU after Brexit will not be 'frictionless' as Boris Johnson prepares to ask Brussels for an 'off-the-shelf' future partnership agreement.
Asian investors eye low-cost housing - VietNamNet
JLL estimates that hundreds of millions of dollars from Japan, South Korea, Singapore and China are waiting to be funneled into Vietnam’s real estate market.
Hanjin heiress partners with KCGI, Bando for group's management control
The heiress of South Korean airline-focused conglomerate Hanjin Group, widely known for the "nut rage" incident in 2014, has joined hands with a local fund and a builder for the group's management control ahead of a shareholders meeting in March. In a joint statement with local activist fund Korea Corporate Governance Improvement (KCGI) and midsized builder Bando Engineering & Construction, Cho Hyun-ah,...
PSU banks staff strike may affect branch, ATM services
However, private sector lenders like ICICI Bank and HDFC Bank would be operational.
Uber Officially Bans Drivers From Carrying Firearms, But Company's Business Model Prevents Enforcement
Iwastheone shares a report from The Atlantic, written by Sidney Fussell: Uber has banned guns in cars, for both drivers and passengers, since 2015. But over email and Facebook Messenger, four current and four former drivers told me they carry firearms on the job. In explaining why, they each cited ...
Facebook walks back digital currency project Libra
Libra, Facebook’s digital currency initiative, has been faltering since late last year as partners started backing out after regulators opposed the plan. In a post-earnings conference call this week, Facebook chief executive Mark Zuckerberg said work on the Libra initiative is being handled by the Libra Foundation, stressing the separation between the foundation and the social…
Profit jumps at Hargreaves Lansdown despite Woodford scandal
Profit before tax at investment platform Hargreaves Lansdown climbed 12 per cent in the first half of its financial year [...]
Bill Gates predicted a coronavirus-like outbreak - down to it starting at a Chinese market - in 2019 Netflix documentary show 'The Next Pandemic'
In an episode of the Netflix 'Explained' series aired late last year billionaire Bill Gates warned of the likelihood of a global pandemic breaking out from one of China's wet markets
$400,000 fund opening for Hamilton community groups
Applications open from 1 February for local community groups to seek a share of more than $400,000 through Hamilton City Council’s 2020 Single-Year Community Grants.
Balthazar is a bottle-green bar beneath a market in Kiev
Rina Lovko Studio has combined bottle-green surfaces with low lighting to create the moody interior of this drinks bar at the heart of Kiev's city centre.
US issues 'Do Not Travel' advisory to China over Coronavirus
The State Department's advisory also suggested Americans in China to departing using commercial means
Cebu Pacific reduces flights to China
Cebu Pacific will be reducing flights between the Philippines and mainland China, Hong Kong, and Macau from February 5 to March 29, 2020.
Business Development Ministry is uselessly needless – Mahama
Former President of Ghana, John Dramni Mahama says it’s needless to have set up the Business Development Ministry. Akufo-Addo in his tenure has set up the Business Development Ministry to promote the private sector in Ghana. But speaking to a section of the media in a Facebook Livestream event, the former President noted that it was needless setting up that Ministry. “I don’t think that you need a Business Development Ministry to promote Private Sector Growth. We had the Ministry of Trade that was handling aspects of it, Finance was handling aspects of it and all that and I think that that is sufficient.” The flagbearer of the NDC indicated that he hasn’t seen anything that the Business Development Ministry since it was set up has done to boost the private sector.
Thalinomics versus Dosanomics: a tale of two chief economic advisers
An average household that eats two vegetarian Thalis a day gained around ₹10,887 on average.The price of a vegetarian thali increased last year after falling ‘significantly’ for five years
Mellanox More Than Biding Its Time Into The Nvidia Deal Close
Mellanox reported fourth-quarter results that were significantly better than expected, with healthy growth in both InfiniBand and Ethernet product lines.There has been no update on the Nvidia-Mellanox
Farm confidence rises but concern about compliance costs is deep - Federated Farmers
Farmers are feeling slightly more positive than they were six months ago but very few believe general economic conditions will improve in the year ahead, the Federated Farmers Mid-Season Farm Confidence Survey shows.
IBM chief Ginni Rometty to step down
Cloud business boss Arvind Krishna to succeed.
Bitcoin Price Analysis: $10,000 In Sight, However Bearish Divergence Might Ruin The Bulls Party?
Since Bitcoin broke firmly above the $9K price line last Tuesday, we saw the coin consolidating mostly inside the range of $9300 - $9400. The beautiful
Here’s The List Of Top Ten Most Expensive Bank Accounts In Kenya
It will cost you at least Ksh17,750 per year to maintain the most expensive bank account in Kenya, a new study by Financial Sector Deepening (FSD) has found.The study found that Standard Chartered
GAN expects earnings to beat market expectations
Gambling software company anticipates earnings of between £7m and £8m
Release contaminated Fukushima water into sea: Japan panel
Radioactive water from the stricken nuclear plant in Fukushima should be released into the ocean or vaporised into the air, an expert panel advised the Japanese government on Friday.
Notable turnaround in mineral production due to policy reforms: Survey
The production of major minerals during 2018-19 has recorded a growth of 25 per cent over previous year in terms of value, it said
Release contaminated Fukushima water into sea: Japan panel
Radioactive water from the stricken nuclear plant in Fukushima should be released into the ocean or vaporized into the air, an expert panel advised the Japanese government on Friday.