India may need to pump $20 billion into coronavirus-hit state banks
27 May 00:00 • 3 articles
India may need to pump $20 billion into coronavirus-hit state banks
The capital plans were still being discussed and a final decision could be taken in the second half of the fiscal year, a second government source said.
27 May 00:00 • Moneycontrol • 1603024963795054975.htmlIndia may need to pump Rs 1.5 trn into coronavirus-hit state banks: Report
"The situation is very grim," the source said, adding that banks would require fresh funds soon
27 May 15:34 • Business-Standard • 1502508925821335314.htmlIndia may need to pump $20 billion into coronavirus-hit state banks: Sources
The government initially considered a budget of around 250 billion rupees for bank recapitalisations but that has risen significantly, a senior government source with direct knowledge of the matter said, with loan defaults likely to rise as businesses take a severe hit from nationwide lockdowns to tackle the coronavirus.
27 May 15:23 • The Economic Times • 7653256037613085581.html‘Mothership’ office on horizon but don't write off London, says Canary Wharf boss
27 May 15:28 • 2 articles
‘Mothership’ office on horizon but don't write off London, says Canary Wharf boss
LONDON, May 27 — The coronavirus crisis is accelerating a move to a new type of office which will be more of a “mothership” model with people working from multiple locations, though it is too early to write off mega cities such as London, Canary Wharf’s manager said. As well as causing more...
27 May 15:28 • Malaymail • 302165935716848030.html'Mothership' office on horizon but don't write off London: Canary Wharf
'Mothership' office on horizon but don't write off London: Canary Wharf
27 May 00:00 • Investing.com • 5710361976198495525.htmlSamsung Pay unveils its first debit card in partnership with SoFi
27 May 13:00 • 2 articles
Samsung Pay unveils its first debit card in partnership with SoFi
Samsung Money by SoFi combines a cash management account with no account fee and a Mastercard debit card with exclusive benefits.
27 May 13:00 • Android Central • 29040142442505891.htmlSamsung Money Debit Card announced; no ATM fees, no account fees
Last year, Apple announced the Apple Card – a credit card created in partnership with Goldman Sachs. Huawei followed suit with its own Huawei Card announced a few months ago in China. Today, it is the turn of Samsung, and the Korean tech giant has named it Samsung Money. Samsung Money is a Mastercard debit …
27 May 15:49 • Gizmochina • 1751854815399381112.htmlDebt downgrades can push India bank fund raising to $20 billion
27 May 10:31 • 2 articles
Debt downgrades can push India bank fund raising to $20 billion
State-run banks will need $13 billion from the government to recapitalize.
27 May 10:31 • The Economic Times • 7653256036866475992.htmlDebt downgrades can push India bank fund raising to $20 billion
A legacy of bad loans, a shadow banking implosion and a historic bank bailout in March have left Indian lenders weakened coming into the coronavirus lockdown.
27 May 15:11 • The Financial Express • 1288289581597414109.htmlS&P/TSX composite down as materials sector falls, U.S. stocks mixed
27 May 08:14 • 2 articles
S&P/TSX composite down as materials sector falls, U.S. stocks mixed
Canada's main stock index recovered from early trading weakness Wednesday to move to its highest closing in nearly three months on the strength of the heavyweight financials sector.
27 May 08:14 • CTVNews • 2422791599010640496.htmlS&P/TSX composite down as materials sector falls, U.S. stocks mixed
TORONTO — Canada's main stock index was down in late-morning trading as strength in the financial sector couldn't offset broad-based weakness on the Toronto Stock Exchange led by the materials sector. The S&P/TSX composite index was down 139.
27 May 15:26 • KitchenerToday.com • 52741009677589497.htmlGermany’s Scholz sees recovery fund as more than money
27 May 15:20 • 2 articles
Germany’s Scholz sees recovery fund as more than money
German finance minister talks to POLITICO about the need to look beyond national economies to make an EU that can work for decades to come.
27 May 15:20 • POLITICO • 2584151346596385407.htmlGermany's Scholz: Very likely that we will get an agreement on EU recovery plan
Commenting on the European Commission's proposed recovery plan, German Finance Minister Olaf Scholz said that the proposals build on what France and G
27 May 14:41 • FXStreet • 4480975639447653660.htmlLearn actionable tactics from search marketing experts – free!
27 May 15:35 • 2 articles
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27 May 15:35 • Search Engine Land • 2231653389170761054.htmlLearn actionable tactics from search marketing experts – free!
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27 May 00:00 • MarTech Today • 1569212800055696728.htmlGE switches off light bulb business after almost 130 years
27 May 15:04 • 2 articles
GE switches off light bulb business after almost 130 years
GE started with lighting, but today it’s more of an “industry and debt” firm.
27 May 15:04 • Ars Technica • 5028555108228809114.htmlGE Is Saying Goodbye To Its 129-Year-Old Light Bulb Business
schwit1 shares a report from CNN: General Electric is saying goodbye to the light bulb. The conglomerate is shedding a struggling business founded by Thomas Edison more than a century ago. After years of failing to find a buyer, GE announced Wednesday it will sell its 129-year-old lighting division ...
27 May 04:50 • slashdot.org • 7963433142429044987.htmlGani Adams welcomes twins - The Nation
27 May 15:49 • 2 articles
Gani Adams welcomes twins - The Nation
Aare Ona Kakanfo of Yorubaland, Iba Gani Adams, on Tuesday, welcomes a set of twins in a private hospital in Lagos.Adams made this known in..
27 May 15:49 • Latest Nigeria News, Nigerian Newspapers, Politics • 2658445901033593338.htmlAare Gani Adams’ wife gives birth to twins
Aareonakakanfo of Yorubaland, Iba Gani Abiodun Ige Adams, on Tuesday, welcomed a set of twins— a male and female— with wife, Mojisola.
27 May 15:27 • Vanguard News • 4125100340603448504.htmlA 'capital war' is accelerating between the US and China, and the coronavirus pandemic is only making it worse, according to one investor
27 May 15:54 • 2 articles
A 'capital war' is accelerating between the US and China, and the coronavirus pandemic is only making it worse, according to one investor, Business Insider - Business Insider Singapore
Business Insider - "We're in a world where capital wars matter," Michael Howell, CEO of Crossborder Capital, said in a Tuesday interview with CNBC.. Read more at businessinsider.sg
27 May 15:54 • www.businessinsider.sg • 5090408755811675616.htmlA 'capital war' is accelerating between the US and China, and the coronavirus pandemic is only making it worse, according to one investor
"We're in a world where capital wars matter," Michael Howell, CEO of Crossborder Capital, said in a Tuesday interview with CNBC.
27 May 15:54 • Business Insider • 6060062399580433888.htmlBoeing will lay off nearly 7,000 workers as the industry is decimated by the COVID-19 pandemic
27 May 15:32 • 2 articles
Boeing will lay off nearly 7,000 workers as the industry is decimated by the COVID-19 pandemic, Business Insider - Business Insider Singapore
Business Insider - The company described the layoffs as "the first," with more expected later in the year.. Read more at businessinsider.sg
27 May 15:32 • www.businessinsider.sg • 5090408755749579801.htmlBoeing will lay off nearly 7,000 workers as the industry is decimated by the COVID-19 pandemic
Boeing said on Wednesday that it will lay off 6,770 US employees, “the first” wave of an expected round of job cuts as the coronavirus pandemic wreaks havoc on the aerospace sector.
27 May 15:32 • Business Insider Malaysia • 8325046882334010393.htmlThe coronavirus crisis will be ‘hugely beneficial’ to Amazon and other tech giants, billionaire investor Bill Ackman said
27 May 15:33 • 2 articles
The coronavirus crisis will be 'hugely beneficial' to Amazon and other tech giants, billionaire investor Bill Ackman said, Business Insider - Business Insider Singapore
Business Insider - To the extent that investors are driving up stocks to reflect tech's bright prospects, the market "doesn't seem wrong to me," Ackman said.. Read more at businessinsider.sg
27 May 15:33 • www.businessinsider.sg • 5090408756156674497.htmlThe coronavirus crisis will be ‘hugely beneficial’ to Amazon and other tech giants, billionaire investor Bill Ackman said
Stocks may be outperforming because US technology titans are poised to become even more dominant thanks to the coronavirus pandemic, billionaire investor Bill Ackman told The New York Times earlier this month.
27 May 15:33 • Business Insider Malaysia • 8325046882741105089.htmlDr. Pimple Popper said her ‘favorite’ pimples to treat are the ones with the biggest pops
27 May 15:55 • 2 articles
Dr. Pimple Popper said her 'favorite' pimples to treat are the ones with the biggest pops, Business Insider - Business Insider Singapore
Business Insider - While treating a man with a "mask" of blackheads around his eyes, temples, and forehead, Dr. Sandra Lee said she enjoys tough-yet-satisfying pimples.. Read more at businessinsider.sg
27 May 15:55 • www.businessinsider.sg • 5090408757064489126.htmlDr. Pimple Popper said her ‘favorite’ pimples to treat are the ones with the biggest pops
On May 22, dermatologist Dr. Sandra Lee, who is known as Dr. Pimple Popper, shared another installment of her work with a man who had so many blackheads, it looked as if he was wearing a mask.
27 May 15:55 • Business Insider Malaysia • 8325046883648919718.htmlNovavax aims to make one billion COVID-19 vaccine doses after buying plant
27 May 15:15 • 2 articles
Novavax aims to make 1 billion COVID-19 vaccine doses after buying plant
The U.S. company said on Wednesday it would buy Czech Republic-based Praha Vaccines, a unit of India's Cyrus Poonawalla Group, which also owns Serum Institute, for $167 million in cash. Novavax is one of several companies in the race to develop a vaccine for COVID-19, the disease caused by the novel
27 May 15:15 • Yahoo • 7097669637048799267.htmlNovavax aims to make one billion COVID-19 vaccine doses after buying plant
(Reuters) - Novavax Inc (NVAX.O) is buying a manufacturing plant from privately held Serum Institute of India, the world’s largest maker of vaccines by volume, as the U.S. company aims to produce 1 billion doses of its COVID-19 vaccine candidate next year.
27 May 15:45 • Reuters • 8334514180018332695.htmlNokia veteran Sari Baldauf takes over as 5G battle rages
27 May 00:00 • 2 articles
Nokia veteran Sari Baldauf takes over as 5G battle rages
Nokia veteran Sari Baldauf takes over as 5G battle rages
27 May 00:00 • Investing.com • 5710361975482966183.htmlNokia veteran Sari Baldauf takes over as 5G battle rages
HELSINKI (Reuters) - Sari Baldauf took over as chairwoman of telecoms equipment maker Nokia (NOKIA.HE) on Wednesday, succeeding Risto Siilasmaa who chaired the Finnish firm for eight years.
27 May 15:42 • Reuters • 8334514180814017020.htmlAmerica’s threat to delist Chinese companies could make everybody better off
27 May 01:12 • 2 articles
[Shang-Jin Wei] America’s delisting threat could pay off
After passing unanimously in the US Senate on May 20, the Holding Foreign Companies Accountable Act is heading for the House of Representatives, and US President Donald Trump is expected to sign it into law. The law requires that all companies listed on US stock exchanges submit to audits reviewable by the US Public Company Accounting Oversight Board, and non-compliant firms can be delisted after three years. This ha...
27 May 01:12 • Koreaherald • 8029273603358281823.htmlAmerica’s threat to delist Chinese companies could make everybody better off
Far from confirming fears of a widespread delisting of Chinese firms, a proposed U.S. law will likely improve the investment environment.
27 May 15:07 • MarketWatch • 8975941549804491938.html