McAdam LLC Sells 21 Shares of Amazon.com, Inc. (NASDAQ:AMZN)

McAdam LLC reduced its position in Amazon.com, Inc. (NASDAQ:AMZN) by 5.1% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 387 shares of the e-commerce giant’s stock after selling 21 shares during the quarter. McAdam LLC’s holdings in Amazon.com were worth […]

Kohl’s Co. (NYSE:KSS) Shares Sold by Commerce Bank

Commerce Bank reduced its holdings in shares of Kohl’s Co. (NYSE:KSS) by 87.4% during the 1st quarter, HoldingsChannel reports. The institutional investor owned 23,175 shares of the company’s stock after selling 160,673 shares during the quarter. Commerce Bank’s holdings in Kohl’s were worth $338,000 as of its most recent SEC filing. A number of other […]

Amazon.com, Inc. (NASDAQ:AMZN) Holdings Raised by Quilter Plc

Quilter Plc lifted its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 0.7% during the first quarter, Holdings Channel.com reports. The fund owned 72,142 shares of the e-commerce giant’s stock after acquiring an additional 489 shares during the period. Amazon.com accounts for approximately 9.3% of Quilter Plc’s holdings, making the stock its biggest holding. Quilter […]

Commerce Bank Buys 2,565 Shares of PolyOne Co. (NYSE:POL)

Commerce Bank raised its stake in shares of PolyOne Co. (NYSE:POL) by 15.7% during the 1st quarter, according to the company in its most recent filing with the SEC. The firm owned 18,900 shares of the specialty chemicals company’s stock after purchasing an additional 2,565 shares during the quarter. Commerce Bank’s holdings in PolyOne were […]

Commerce Bank Buys 1,732 Shares of CarMax, Inc (NYSE:KMX)

Commerce Bank increased its stake in shares of CarMax, Inc (NYSE:KMX) by 34.5% during the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 6,757 shares of the company’s stock after purchasing an additional 1,732 shares during the quarter. Commerce Bank’s holdings in CarMax were worth $363,000 […]

Commerce Bank Sells 4,601 Shares of Invesco Ltd. (NYSE:IVZ)

Commerce Bank trimmed its holdings in shares of Invesco Ltd. (NYSE:IVZ) by 10.3% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 40,174 shares of the asset manager’s stock after selling 4,601 shares during the period. Commerce Bank’s holdings […]

Mackay Shields LLC Buys Shares of 1,283 Chemed Co. (NYSE:CHE)

Mackay Shields LLC acquired a new position in Chemed Co. (NYSE:CHE) in the 1st quarter, Holdings Channel.com reports. The firm acquired 1,283 shares of the company’s stock, valued at approximately $556,000. Several other large investors also recently bought and sold shares of CHE. Great Diamond Partners LLC purchased a new stake in shares of Chemed […]

Commerce Bank Buys 847 Shares of Bank of Montreal (NYSE:BMO)

Commerce Bank increased its stake in Bank of Montreal (NYSE:BMO) (TSE:BMO) by 14.0% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 6,903 shares of the bank’s stock after purchasing an additional 847 shares during the period. Commerce Bank’s holdings in Bank […]

Swiss National Bank Buys 600 Shares of FirstCash Inc (NYSE:FCFS)

Swiss National Bank increased its stake in shares of FirstCash Inc (NYSE:FCFS) by 0.7% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 82,812 shares of the credit services provider’s stock after acquiring an additional 600 shares during the quarter. Swiss National Bank owned about […]

Rhumbline Advisers Buys 153,817 Shares of Coty Inc (NYSE:COTY)

Rhumbline Advisers boosted its stake in shares of Coty Inc (NYSE:COTY) by 27.9% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 706,118 shares of the company’s stock after purchasing an additional 153,817 shares during the quarter. Rhumbline Advisers […]

Apple Inc. (NASDAQ:AAPL) Shares Sold by Focused Wealth Management Inc

Focused Wealth Management Inc trimmed its stake in shares of Apple Inc. (NASDAQ:AAPL) by 2.0% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 25,517 shares of the iPhone maker’s stock after selling 515 shares during the period. Apple comprises about […]

Nordstrom, Inc. (NYSE:JWN) Shares Purchased by Swiss National Bank

Swiss National Bank lifted its holdings in Nordstrom, Inc. (NYSE:JWN) by 23.3% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 421,725 shares of the specialty retailer’s stock after purchasing an additional 79,800 shares during the quarter. Swiss National Bank’s holdings in Nordstrom […]

Apple Inc. (NASDAQ:AAPL) is Canton Hathaway LLC’s 4th Largest Position

Canton Hathaway LLC lowered its holdings in shares of Apple Inc. (NASDAQ:AAPL) by 1.3% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 11,627 shares of the iPhone maker’s stock after selling 153 shares during the quarter. Apple makes up 2.1% of […]

Commerce Bank Boosts Holdings in Ulta Beauty Inc (NASDAQ:ULTA)

Commerce Bank boosted its position in shares of Ulta Beauty Inc (NASDAQ:ULTA) by 40.9% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,743 shares of the specialty retailer’s stock after buying an additional 506 shares during the quarter. Commerce Bank’s holdings in Ulta Beauty […]

Apple Inc. (NASDAQ:AAPL) Shares Acquired by Noesis Capital Mangement Corp

Noesis Capital Mangement Corp lifted its position in shares of Apple Inc. (NASDAQ:AAPL) by 3.9% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 14,412 shares of the iPhone maker’s stock after buying an additional 541 shares during the period. Apple […]

Apple Inc. (NASDAQ:AAPL) Shares Sold by Buckingham Capital Management Inc.

Buckingham Capital Management Inc. reduced its stake in shares of Apple Inc. (NASDAQ:AAPL) by 21.6% in the 1st quarter, HoldingsChannel reports. The firm owned 50,973 shares of the iPhone maker’s stock after selling 14,018 shares during the quarter. Apple makes up 3.3% of Buckingham Capital Management Inc.’s portfolio, making the stock its 5th largest position. […]

Madison Wealth Management Buys 1,967 Shares of Amazon.com, Inc. (NASDAQ:AMZN)

Madison Wealth Management boosted its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 666.8% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The firm owned 2,262 shares of the e-commerce giant’s stock after acquiring an additional 1,967 shares during the period. Amazon.com accounts for about 1.8% of Madison Wealth […]

Capital Advantage Inc. Makes New Investment in Amazon.com, Inc. (NASDAQ:AMZN)

Capital Advantage Inc. bought a new position in shares of Amazon.com, Inc. (NASDAQ:AMZN) in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 607 shares of the e-commerce giant’s stock, valued at approximately $1,442,000. Amazon.com accounts for 0.6% of Capital Advantage Inc.’s portfolio, […]

Synchrony Financial (NYSE:SYF) Position Increased by Commerce Bank

Commerce Bank increased its stake in Synchrony Financial (NYSE:SYF) by 82.7% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 19,239 shares of the financial services provider’s stock after purchasing an additional 8,709 shares during the period. Commerce Bank’s holdings in […]

Mengis Capital Management Inc. Sells 204 Shares of Apple Inc. (NASDAQ:AAPL)

Mengis Capital Management Inc. trimmed its stake in Apple Inc. (NASDAQ:AAPL) by 0.3% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 77,222 shares of the iPhone maker’s stock after selling 204 shares during the period. Apple comprises about 6.7% of Mengis Capital […]

Barber Financial Group Inc. Increases Position in Amazon.com, Inc. (NASDAQ:AMZN)

Barber Financial Group Inc. grew its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 17.5% in the first quarter, according to its most recent disclosure with the SEC. The fund owned 322 shares of the e-commerce giant’s stock after buying an additional 48 shares during the period. Barber Financial Group Inc.’s holdings in Amazon.com were worth $627,000 […]

Swiss National Bank Has $3.19 Billion Holdings in Amazon.com, Inc. (NASDAQ:AMZN)

Swiss National Bank increased its position in Amazon.com, Inc. (NASDAQ:AMZN) by 23.4% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,635,551 shares of the e-commerce giant’s stock after acquiring an additional 309,700 shares during the period. Amazon.com comprises about 3.4% of Swiss National […]

Amazon.com, Inc. (NASDAQ:AMZN) Shares Acquired by Biondo Investment Advisors LLC

Biondo Investment Advisors LLC lifted its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 22.7% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 2,361 shares of the e-commerce giant’s stock after purchasing an additional 437 shares during the quarter. Amazon.com comprises 1.5% of Biondo […]

Mackay Shields LLC Invests $640,000 in MarineMax Inc (NYSE:HZO)

Mackay Shields LLC purchased a new position in MarineMax Inc (NYSE:HZO) during the first quarter, HoldingsChannel.com reports. The fund purchased 61,400 shares of the specialty retailer’s stock, valued at approximately $640,000. Other institutional investors and hedge funds also recently modified their holdings of the company. Acadian Asset Management LLC bought a new position in MarineMax […]

Lighthouse Financial Advisors Inc. Sells 42 Shares of Amazon.com, Inc. (NASDAQ:AMZN)

Lighthouse Financial Advisors Inc. reduced its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 4.4% during the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 909 shares of the e-commerce giant’s stock after selling 42 shares during the quarter. Lighthouse Financial Advisors Inc.’s holdings in Amazon.com were […]

Bank of Montreal to Issue Quarterly Dividend of $0.76 (NYSE:BMO)

Bank of Montreal (NYSE:BMO) (TSE:BMO) declared a quarterly dividend on Wednesday, May 27th, Zacks reports. Shareholders of record on Tuesday, August 4th will be given a dividend of 0.76 per share by the bank on Wednesday, August 26th. This represents a $3.04 dividend on an annualized basis and a yield of 6.04%. The ex-dividend date […]

Heritage Investors Management Corp Sells 8,501 Shares of Apple Inc. (NASDAQ:AAPL)

Heritage Investors Management Corp decreased its holdings in shares of Apple Inc. (NASDAQ:AAPL) by 3.4% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 244,454 shares of the iPhone maker’s stock after selling 8,501 shares during the quarter. Apple makes up […]

Fusion Family Wealth LLC Has $325,000 Stock Position in Apple Inc. (NASDAQ:AAPL)

Fusion Family Wealth LLC decreased its holdings in shares of Apple Inc. (NASDAQ:AAPL) by 5.1% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,277 shares of the iPhone maker’s stock after selling 68 shares during the quarter. Apple makes up […]

Commerce Bank Has $291,000 Stock Position in Hologic, Inc. (NASDAQ:HOLX)

Commerce Bank raised its stake in Hologic, Inc. (NASDAQ:HOLX) by 51.0% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,295 shares of the medical equipment provider’s stock after buying an additional 2,801 shares during the period. Commerce Bank’s holdings in […]

Aberdeen Wealth Management LLC Increases Position in Amazon.com, Inc. (NASDAQ:AMZN)

Aberdeen Wealth Management LLC grew its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 5.3% in the first quarter, according to its most recent disclosure with the SEC. The fund owned 257 shares of the e-commerce giant’s stock after buying an additional 13 shares during the period. Aberdeen Wealth Management LLC’s holdings in Amazon.com were worth $501,000 […]

Lucia Wealth Services LLC Has $521,000 Holdings in Amazon.com, Inc. (NASDAQ:AMZN)

Lucia Wealth Services LLC raised its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 25.9% during the 1st quarter, Holdings Channel.com reports. The institutional investor owned 267 shares of the e-commerce giant’s stock after acquiring an additional 55 shares during the quarter. Lucia Wealth Services LLC’s holdings in Amazon.com were worth $521,000 at the end of the […]

Kathmere Capital Management LLC Purchases 3,849 Shares of Apple Inc. (NASDAQ:AAPL)

Kathmere Capital Management LLC increased its position in Apple Inc. (NASDAQ:AAPL) by 68.0% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 9,509 shares of the iPhone maker’s stock after buying an additional 3,849 shares during the quarter. Apple accounts for 0.9% of […]

Commerce Bank Grows Stock Position in Royal Caribbean Cruises Ltd (NYSE:RCL)

Commerce Bank lifted its stake in Royal Caribbean Cruises Ltd (NYSE:RCL) by 116.9% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 11,292 shares of the company’s stock after purchasing an additional 6,086 shares during the period. Commerce Bank’s holdings in Royal […]

Amazon.com, Inc. (NASDAQ:AMZN) is Partnervest Advisory Services LLC’s 9th Largest Position

Partnervest Advisory Services LLC boosted its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 26.7% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,379 shares of the e-commerce giant’s stock after buying an additional 291 shares during the period. […]

Trexquant Investment LP Has $499,000 Holdings in Clean Harbors Inc (NYSE:CLH)

Trexquant Investment LP raised its stake in Clean Harbors Inc (NYSE:CLH) by 4.1% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 9,710 shares of the business services provider’s stock after acquiring an additional 382 shares during the quarter. Trexquant Investment LP’s holdings […]

Apple Inc. (NASDAQ:AAPL) Shares Bought by FineMark National Bank & Trust

FineMark National Bank & Trust grew its stake in shares of Apple Inc. (NASDAQ:AAPL) by 3.2% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 211,873 shares of the iPhone maker’s stock after acquiring an additional 6,583 shares during the period. […]

Apple Inc. (NASDAQ:AAPL) is Wade G W & Inc.’s 3rd Largest Position

Wade G W & Inc. decreased its holdings in shares of Apple Inc. (NASDAQ:AAPL) by 4.7% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 172,339 shares of the iPhone maker’s stock after selling 8,544 shares during the quarter. Apple accounts for […]

40,729 Shares in NMI Holdings Inc (NASDAQ:NMIH) Bought by Trexquant Investment LP

Trexquant Investment LP acquired a new stake in NMI Holdings Inc (NASDAQ:NMIH) during the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 40,729 shares of the financial services provider’s stock, valued at approximately $473,000. Trexquant Investment LP owned about 0.06% of NMI at the end of […]

Amazon.com, Inc. (NASDAQ:AMZN) Stock Position Increased by Mogy Joel R Investment Counsel Inc.

Mogy Joel R Investment Counsel Inc. increased its position in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 0.1% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 17,475 shares of the e-commerce giant’s stock after buying an additional 24 shares during the quarter. Amazon.com comprises […]

Pinnacle Wealth Management Advisory Group LLC Purchases 140 Shares of Amazon.com, Inc. (NASDAQ:AMZN)

Pinnacle Wealth Management Advisory Group LLC lifted its position in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 15.7% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,029 shares of the e-commerce giant’s stock after purchasing an additional 140 shares during […]

Papa John’s Int’l, Inc. (NASDAQ:PZZA) Shares Bought by First Trust Advisors LP

First Trust Advisors LP raised its holdings in Papa John’s Int’l, Inc. (NASDAQ:PZZA) by 7.9% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 40,979 shares of the company’s stock after acquiring an additional 3,011 shares during the quarter. First Trust Advisors LP’s holdings […]

PNC Financial Services Group Inc. Buys 7,890 Shares of Elanco Animal Health (NYSE:ELAN)

PNC Financial Services Group Inc. boosted its stake in shares of Elanco Animal Health (NYSE:ELAN) by 18.5% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 50,550 shares of the company’s stock after acquiring an additional 7,890 shares during the quarter. PNC […]

Moloney Securities Asset Management LLC Raises Stock Holdings in Amazon.com, Inc. (NASDAQ:AMZN)

Moloney Securities Asset Management LLC increased its position in Amazon.com, Inc. (NASDAQ:AMZN) by 46.1% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,879 shares of the e-commerce giant’s stock after acquiring an additional 593 shares during the period. Amazon.com makes up about […]

Swiss National Bank Acquires 2,100 Shares of Global Blood Therapeutics Inc (NASDAQ:GBT)

Swiss National Bank increased its holdings in shares of Global Blood Therapeutics Inc (NASDAQ:GBT) by 1.8% in the first quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 116,800 shares of the company’s stock after purchasing an additional 2,100 shares during the quarter. Swiss National Bank owned […]

Ashland Global Holdings Inc (NYSE:ASH) Shares Sold by PNC Financial Services Group Inc.

PNC Financial Services Group Inc. lowered its position in shares of Ashland Global Holdings Inc (NYSE:ASH) by 2.9% during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 22,970 shares of the basic materials company’s stock after selling 690 shares during the quarter. PNC Financial […]

Integra Lifesciences Holdings Corp (NASDAQ:IART) Shares Sold by PNC Financial Services Group Inc.

PNC Financial Services Group Inc. trimmed its stake in shares of Integra Lifesciences Holdings Corp (NASDAQ:IART) by 4.8% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 26,604 shares of the life sciences company’s stock after selling 1,344 shares during […]

Trexquant Investment LP Purchases Shares of 8,789 Global Blood Therapeutics Inc (NASDAQ:GBT)

Trexquant Investment LP purchased a new stake in Global Blood Therapeutics Inc (NASDAQ:GBT) in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 8,789 shares of the company’s stock, valued at approximately $449,000. Other institutional investors also recently modified their holdings of the […]

Fuller & Thaler Asset Management Inc. Increases Position in Apple Inc. (NASDAQ:AAPL)

Fuller & Thaler Asset Management Inc. grew its stake in Apple Inc. (NASDAQ:AAPL) by 28.5% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 26,300 shares of the iPhone maker’s stock after acquiring an additional 5,827 shares during the quarter. Fuller & Thaler Asset […]

Zurcher Kantonalbank Zurich Cantonalbank Grows Position in ESCO Technologies Inc. (NYSE:ESE)

Zurcher Kantonalbank Zurich Cantonalbank raised its position in shares of ESCO Technologies Inc. (NYSE:ESE) by 29.5% in the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 1,932 shares of the scientific and technical instruments company’s stock after purchasing an additional 440 shares during the quarter. Zurcher Kantonalbank Zurich Cantonalbank’s holdings in ESCO Technologies were worth […]

PNC Financial Services Group Inc. Acquires 13,408 Shares of Woodward, Inc.Common Stock (NASDAQ:WWD)

PNC Financial Services Group Inc. raised its holdings in shares of Woodward, Inc.Common Stock (NASDAQ:WWD) by 207.5% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 19,871 shares of the technology company’s stock after acquiring an additional 13,408 shares during the quarter. […]

Zurcher Kantonalbank Zurich Cantonalbank Purchases 828 Shares of Centerstate Bank Corp (NASDAQ:CSFL)

Zurcher Kantonalbank Zurich Cantonalbank increased its position in Centerstate Bank Corp (NASDAQ:CSFL) by 10.5% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 8,722 shares of the financial services provider’s stock after purchasing an additional 828 shares during the period. […]

Cambridge Investment Research Advisors Inc. Has $166.59 Million Stock Position in Amazon.com, Inc. (NASDAQ:AMZN)

Cambridge Investment Research Advisors Inc. increased its position in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 7.6% in the first quarter, Holdings Channel.com reports. The institutional investor owned 85,442 shares of the e-commerce giant’s stock after buying an additional 6,025 shares during the period. Amazon.com makes up 1.6% of Cambridge Investment Research Advisors Inc.’s holdings, making […]

Citizens & Northern Corp Has $3.81 Million Stock Holdings in Amazon.com, Inc. (NASDAQ:AMZN)

Citizens & Northern Corp increased its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 4.2% in the 1st quarter, HoldingsChannel reports. The institutional investor owned 1,952 shares of the e-commerce giant’s stock after purchasing an additional 79 shares during the quarter. Amazon.com makes up approximately 2.4% of Citizens & Northern Corp’s investment portfolio, making the stock its […]

Cambridge Investment Research Advisors Inc. Acquires 21,040 Shares of United Continental Holdings Inc (NASDAQ:UAL)

Cambridge Investment Research Advisors Inc. raised its holdings in United Continental Holdings Inc (NASDAQ:UAL) by 294.0% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 28,197 shares of the transportation company’s stock after buying an additional 21,040 shares during the quarter. Cambridge Investment Research […]

Fiscal deficit widens to 4.6% of GDP in FY20

This was the highest level of deficit for the Centre since FY13.

Indian economy slows in March quarter, with worst to come

India's economy grew at 3.

India's economic growth dips during coronavirus pandemic

NEW DELHI (AP) — India’s economy grew by 4.2% in the fiscal year that ended in March, down from 6.1% the previous year, the government said Friday, and is likely to contract this year because of the coronavirus pandemic.The growth dipped to 3.1% in January-March, the last quarter of the fiscal year, as the country began feeling the effect of the pandemic, the Ministry of Statistics and Program Implementation said.It said in a statement that the estimate may be revised as more data is gathered from businesses affected by a nationwide lockdown imposed on March 25 that is currently scheduled to end on Sunday. The government has not yet said whether it will be extended.The main opposition Congress party said that 4.

India's economic growth dips during coronavirus pandemic

NEW DELHI — India’s economy grew by 4.2% in the fiscal year that ended in March, down from 6.1% the previous year, the government said Friday, and is likely to contract this year because of the coronavirus pandemic. The growth dipped to 3.1% in January-March, the last quarter of the fiscal year, as the country …

India quarterly growth worst in 2 decades as lockdown bites

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

India's GDP Growth Slows To 3.1% In March Quarter, 4.2% For FY20

Output of eight infrastructure sectors contracted by 38.1% in April.

India GDP growth slows to 3.1% in Q4 as Covid-19 lockdown hits economy

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

India quarterly growth worst in two decades as lockdown bites

MUMBAI, May 29 — India’s economy grew at its slowest pace in at least two decades last quarter, government data showed today, with warnings of far worse to come as it grapples with the fallout of the world’s largest coronavirus lockdown. Asia’s third-largest economy expanded by just 3.1 per...

India quarterly growth worst in two decades as lockdown bites

India's economy grew at its slowest pace in at least two decades last quarter, government data showed Friday, with warnings of far worse to come as it grapples with the fallout of the world's largest coronavirus lockdown. The figures beat even gloomier forecasts, with Bloomberg News predicting

GDP growth slows to a 11-year low of 4.2%, Q4 slumps to 3.1%

In 2019-20, the Indian economy grew by 4.2% against 6.1% expansion in 2018-19.

India's Q4 FY20 GDP Down To 3.1%, 2019-20 Growth Shrinks To 4.2%

On a sequential basis, the quarterly growth rate has progressively come down from 5.2 per cent in Q1 of 2019-20 to 4.4 per cent in Q2 and 4.1 per cent in Q3.

India GDP growth slows to 3.1% in Q4, stands at 11-year low of 4.2% in FY20

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

GDP growth at 3.1% in Q4 drags full year FY20 growth to 4.2 per cent

The govt has revised growth for the first three quarters of FY20 to 5.2% in Q1, 4.4% in Q2 and 4.1% in Q3.

Congress Slams Centre Over Low GDP Growth In Last Quarter Of 2019-20

The Congress on Friday said the low GDP growth in the last quarter of 2019-20 is the result of the BJP government's failures, misplaced priorities and a telling commentary on its economic management.

India's economy seen slowing rapidly in March quarter, with worse to come

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

India's economic growth dips drastically during coronavirus pandemic

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

India's economy may have grown at slowest in 2 years during March quarter

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

India's economy seen slowing rapidly in March quarter, with worse to come

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

India's economy seen slowing rapidly in March quarter, with worse to come

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

Covid-19 impact: India GDP growth slows to 3.1% in March quarter

Growth was 4.2% in the fiscal year through March 2020 as compared to 6.1% in FY19.The full impact of the lockdown on manufacturing and services will become more visible in the June quarter

India’s economy seen slowing rapidly in March quarter, with worse to come

Economists expect worst financial contraction in four decades

India GDP growth dips to 3.1 pc in Jan-Mar; 4.2 pc in 2019-20

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

GDP Numbers Expected To Show India's Economy Grew At Slowest Pace In 2 Years

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

Jan-March expansion at 40 quarter low of 3.1%, 2019-20 GDP growth at 11-year low of 4.2%

India Business News: The country’s economic growth in the January-March quarter of 2019-20 expanded at its slowest pace in 40 quarters at 3.1%, dragged down by the manufac

GDP growth in 2019-20 slows to 11-year low of 4.2%, Jan-Mar growth dips to 3.1%

In 2019-20, the Indian economy grew by 4.2% against 6.1% growth rate in 2018-19.

India's GDP growth slows to 3.1% in January-March 2020: Govt data

India's GDP growth slowed to 3.1 pc in January-March 2020, Govt data showed on Friday. More details awaited

India reports GDP growth for January-March quarter at 3.1%; 4.2% for FY20

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

Indian economy grew at just 3.1% in January-March quarter, the slowest in 11 years

Output of eight core industries, meanwhile, declined by a whopping 38.1% in April, as against 9% in March.

What's the cost of Covid lockdown? Today’s GDP data will give an idea

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

Covid-19 lockdown: FY21 GDP growth rate forecasts pose a big worry

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

Amid coronavirus outbreak India’s GDP growth slows to 3.1% in Jan-March quarter of FY20

GDP: 3.1% for March quarter, 4.1% for year. But it is not due to coronavirus

GDP growth rate for March quarter slipped to 3.1% from 4.7% recorded during the previous quarter. The economy grew by 4.2% in 2019-20 for year. The coronavirus lockdown will have more impact in June quarter.

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

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

Growth pangs: Q4 GDP growth slows to 3.1%; FY20 clocks 4.2%

Agriculture, govt spending saviours; industrial, services growth shrink

Lockdown impact: Economy seen slowing rapidly in March qtr, with worse to come

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

GDP growth slows to 3.1% in Q4; fiscal deficit widens to 4.59% of GDP in 2019-20

Gross Domestic Product (GDP) 4th Quarter Data: The growth in GDP during 2019-20 is estimated at 4.2 per cent, slowing to an 11-year low, as compared to 6.1 per cent in 2018-19.

Early warning: Growth slows to 3.1 per cent in Q4 which had just one week of lockdown

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

India's GDP growth dips to 3.1% in January-March 2020; 11-year-low of 4.2% in 2019-20

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

India Q4 GDP data to be out today: Brokerages expect growth to reflect COVID-19 pain

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

India's GDP growth dips to 3.1 per cent in January-March 2020; 4.2 per cent for fiscal year 2019-20

According to data by NSO, the GDP had expanded by 5.7 per cent in the corresponding quarter of 2018-19.

GDP growth slows to 3.1% in Q4 FY20 but is this the final estimate? Govt caveat leaves room for revision

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

Q4 GDP Highlights: Growth slows to 3.1%, hurt by lockdown, beats estimates; govt adds caveat

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

GDP Growth Rate In FY20 Better Than Expected At 4.2 Per Cent; 4th Quarter Growth Rate Plummets To 3.1 Per Cent  

As per the data released by the government, India reported a better than expected growth of 4.2 per cent in FY20, reports India Today. Although the figure marks the lowest growth rate in 11 years, the performance is higher than what many experts had forecast.

Renault announces 15,000 job cuts worldwide

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

French carmaker Renault to cut 15,000 jobs worldwide

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

French carmaker Renault announces 15,000 job cuts worldwide

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

French carmaker Renault to cut 15,000 jobs worldwide

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

French carmaker Renault announces 15,000 job cuts worldwide

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

Renault to cut 15,000 jobs in US$2.2b cost cutting plan

PARIS: French auto giant Renault plans to cut around 15,000 jobs worldwide, including 4,600 in France, as part of a two billion euro (US$2.2 ...

Renault to cut 15,000 jobs in 2b euro cost cutting plan

Renault hopes to bring about the job cuts without redundancies through voluntary departures, internal mobility measures and retraining, sources said.

Renault announces nearly 15,000 job losses worldwide

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

French carmaker Renault announces 15,000 job cuts worldwide

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

Renault to cut 15,000 jobs in 'vital' cost-cutting plan

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

French carmaker Renault announces 15,000 job cuts worldwide

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

French carmaker Renault announces 15,000 job cuts worldwide

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

Renault to cut 15,000 jobs in 'vital' cost-cutting plan

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

Renault to cut 14,600 jobs worldwide and lower capacity

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

Renault Cutting Nearly 15,000 Jobs Worldwide to Save Costs

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

Renault to cut 15,000 jobs in ‘vital’ cost-cutting plan

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

Renault to restructure French factories in bid to slash costs

French carmaker Renault said on Friday it was launching talks with unions to reorganise and cease assembling vehicles at several plants in France ...

Renault to restructure factories, confirms 15,000 job cuts

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

Renault to slash about 15,000 jobs in €2bn cost-cutting plan

Carmaker eyes production cuts after fall in demand during coronavirus crisis

Renault plans to cut 14,600 jobs worldwide in race to reduce costs

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

French carmaker Renault to take extreme measures on costs, cuts 14,000 jobs

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

Renault to restructure French factories in high-stakes reboot plan

French carmaker Renault said on Friday it was launching talks with unions to reorganise and cease assembling vehicles at several plants in France ...

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

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

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

PARIS, May 29 — Renault acknowledged that its global ambitions had been unrealistic, announcing plans to cut about 15,000 jobs, shrink production and restructure French plants as it pressed the reset button and sought to banish the spectre of Carlos Ghosn. Faced with a slump in demand that has...

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

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

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

PARIS (Reuters) - Renault acknowledged that its global ambitions had been unrealistic, announcing plans to cut about 15,000 jobs, shrink production and restructure French plants as it pressed the reset button and sought to banish the spectre of Carlos Ghosn.

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

PARIS (Reuters) - Renault acknowledged that its global ambitions had been unrealistic, announcing plans to cut about 15,000 jobs, shrink production and restructure French plants as it pressed the reset button and sought to banish the spectre of Carlos Ghosn.

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

Faced with a slump in demand that has been exacerbated by the coronavirus pandemic, Renault detailed plans on Friday to find 2 billion euros in savings over the next three years.

Faltering Renault to cut 15,000 jobs worldwide, including 4,600 in France

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

French Carmaker Renault Plans to Eliminate Nearly 15,000 Jobs Worldwide Amid Pandemic

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

Renault to cut 15,000 jobs worldwide, including 4,600 in France: Sources

French auto giant Renault plans to cut around 15,000 jobs worldwide, including 4,600 in France, as part of a two billion euro cost-cutting plan over three years, sources said Thursday. The plan,

Tokyo stocks open lower on US-China tension

TOKYO, May 29 ― Tokyo stocks opened lower today, tracking falls on Wall Street on rising tensions between the US and China. The benchmark Nikkei 225 index was down 0.56 per cent or 123.03 points at 21,793.28 in early trade, while the broader Topix index slipped 0.65 per cent or 10.20 points to...

Stocks slip as investors await Trump's Hong Kong response

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

Stocks slip as markets await Trump’s HK response

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

Tokyo stocks close lower on US-China tension

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

Tokyo stocks open lower on US-China tension

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

Hong Kong stocks end week with more losses

HONG KONG, May 29 — Hong Kong stocks finished with more losses today as traders nervously await Donald Trump’s news conference, in which he will set out the US response to China’s plans to impose a security law on the financial hub. The Hang Seng Index fell 0.74 per cent, or 171.29 points, to...

Asian Stocks Down as Investors Await Trump Action

Asian Stocks Down as Investors Await Trump Action

Wall Street stocks mixed amid US-China tensions

NEW YORK, May 29 — Wall Street stocks were mixed early today amid rising US-China tensions as data showed a big drop in consumption spending in April but a rise in income boosted by government aid. About 25 minutes into trading, the Dow Jones Industrial Average stood at 25,345.84, down 0.2 per...

Stocks slip as markets await Trump’s Hong Kong response

Sino-US tensions outweigh optimism over re-opening.

Stocks rebound on relief at Trump's response to China over Hong Kong

NEW YORK (Reuters) - A gauge of global equities rebounded and crude oil rose on Friday after U.S. President Donald Trump ordered an end to Washington’s special treatment of Hong Kong, a move investors welcomed as unlikely to jeopardize a trade accord with China.

US stocks rise after Trump sticks to script on China

Shares in New York gained 4.5 per cent in May, buoyed by signs the US economy is stirring after shutting down in April.

Global stocks slip as markets await Trump's HK response

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

World shares fall as Hong Kong, U.S.-China tensions weigh

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

Stocks tumble ahead of Trump's China press conference

May 29 (UPI) -- President Donald Trump's upcoming news conference on China Friday shook up stocks in morning trading on Wall Street, as the White House could respond to the communist country's action against Hong Kong.

Stocks recover after Trump's announcement on Hong Kong

May 29 (UPI) -- President Donald Trump's planned news conference on China shook up stocks early Friday, but the major indexes mostly recovered by the end the day after his announcement revealed no changes to trade with Beijing.

Stocks tumble as Wall Street awaits Trump’s China salvo

US stocks tumbled Friday as Wall Street anxiously awaited for President Trump to announce his next economic salvo against China. The Dow Jones industrial average slid as much as 368.97 points, or 1.4

Asia shares fall as US-China tensions douse rally on Wall St

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

Asia shares fall as U.S.-China tensions douse rally on Wall St

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

Battle for Hong Kong Is Shifting to City’s Financial Markets

The struggle to maintain confidence in Hong Kong’s future is manifesting in its stock and currency markets.

US stocks end lower as China tensions end three-day Dow streak

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

Stocks Turn Positive After Trump Keeps Phase One China Trade Deal Intact

Trump took a more confrontational approach with China on Friday.

Stocks quickly cutting losses ahead of Trump's China press conference

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

Stocks - Europe Lower; Caution Reigns Over Hong Kong

Stocks - Europe Lower; Caution Reigns Over Hong Kong

Asian markets fall as new Chinese law puts Hong Kong’s future in doubt

Asian markets mostly fell in early trading Friday, ahead of a news conference by President Donald Trump regarding China.

Stocks - Dow Notches Two-Month Winning Streak as Trump Stops Short on China

Stocks - Dow Notches Two-Month Winning Streak as Trump Stops Short on China

Asia-Pacific Stocks Decline As China Passes Resolution on Hong Kong Security Bill

On Wall Street, major stock indexes suffered losses in overnight trading on Thursday, while the US economy gradually reopens from the coronavirus-induced lockdown.

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

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

Stocks - Wall Street Slips as U.S. Consumer Wobbles; Trump's China Speech Eyed

Stocks - Wall Street Slips as U.S. Consumer Wobbles; Trump's China Speech Eyed

Wipro appoints Thierry Delaporte as CEO and MD

Wipro has appointed Thierry Delaporte as the Chief Executive Officer and Managing Director of the company, effective July 6.Until recently, Thierry Delaporte was the Chief Operating Officer of Capgemi

Wipro appoints Thierry Delaporte as new CEO and MD

Wipro's 3-month old leader hunt comes to an end

Capgemini's top executive Thierry Delaporte is new Wipro CEO

Until recently, Thierry Delaporte was CEO of Capgemini Group and a member of its Group Executive Board. He held several leadership roles including that of CEO of Global Financial Services Strategic Business Unit, and head of all global service lines

Wipro appoints Capgemini’s Thierry Delaporte as new CEO, MD

India Business News: Wipro said it has appointed Thierry Delaporte as its chief executive officer and managing director to replace outgoing Abidali Neemuchwala. Delaporte,

Indian IT to get first non-Indian CEO in Wipro’s Thierry Delaporte

Thierry Delaporte, who will take over as CEO and MD on July 6 replacing incumbent Abidali Neemuchwala, is chairman Rishad Premjis choice to steer Wipro from a decade-long streak of below-par growth that has lagged peers. Rishad took over as Chairman of Wipro from his father Azim Premji last July.

Thierry Delaporte appointed as CEO and Managing Director of WIPRO

Wipro gains over 6% after Co appoints Thierry Delaporte as new CEO and MD

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

Wipro Appoints Capgemini's Thierry Delaporte As CEO, Managing Director

Wipro has appointed Capgemini executive Thierry Delaporte as its chief executive officer and managing director, the company said in a regulatory filing.

Wipro shares gain 1% after Co appoints Thierry Delaporte as new CEO and MD

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

Indian IT firm Wipro names Thierry Delaporte as CEO

BENGALURU — India’s Wipro Ltd on Friday named Thierry Delaporte as chief executive officer and managing director of the company, effective July 6, 2020.

Capgemini’s Delaporte to take over as Wipro CEO and MD

Frenchman had spent 25 years with the consulting firm

Wipro share price gains nearly 6% after Thierry Delaporte named new CEO and MD

Wipro share price climbed 5.6% to the day's high of Rs 210.5 on the BSE against the last closing value of Rs 199.30. Volume-wise, 18.8 lakh and 162 lakh shares were trading on BSE and NSE counters, both above the 5, 10 and 30-day average

Wipro appoints Thierry Delaporte as CEO & Managing Director

Wipro has appointed Thierry Delaporte as the Chief Executive Officer and Managing Director of the company, effective July 6 this year.Current CEO and MD Abidali Neemuchwala will relinquish his positio

Thierry Delaporte, the first foreign CEO of Wipro, is no stranger to Indian IT

Delaporte, who joined Capgemini in 1995, through its acquisition of Sogeti, started with auditing. Soon, he led the finance operations for the company across regions outside of Europe. He moved to sales and later led Capgeminis Global Financial Services Strategic Business Unit before moving on to head the companys Latin American operations.

Billionaire Premji Hires Wipro CEO From His Rival Capgemini Thierry Delaporte New CEO

Thierry Delaporte will take over effective July 6, replacing Abidali Z Neemuchwala. Wipro named Thierry Delaporte chief executive officer, recruiting … Billionaire Premji Hires Wipro CEO From His Rival Capgemini Thierry Delaporte New CEO Read More »

India's Wipro names new CEO; Thierry Delaporte to take over July 6

Thierry Delaporte to join from Capgemini and will be based in Paris

Who is Thierry Delaporte? Three interesting facts about Wipro’s new boss

Information technology major Wipro has appointed Capgemini Chief Operating Office, Thierry Delaporte, as its new Chief Executive Officer (CEO) and Managing Director.

Wipro shares jump 7 per cent on new CEO appointment

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

Thierry Delaporte as CEO to help Wipro with new ideas, global presence: Analysts

Prior to Wipro, Delaporte was the chief operating officer of Capgemini Group and a member of its group executive board.Analysts believe Delaporte will be expected to deliver on tasks predecessor Abidali Z. Neemuchwala left incomplete

Inside Wipro's new CEO appointment: How IT firm got lucky with Thierry Delaporte

Industry observers say that Wipro has been 'sheer lucky' to get him onboard given the tepid performance of the company for over last three-four years

Wipro shares up by nearly 4%, after appointment announcement of Capgemini exec, Thierry Delaporte

Wipro's new CEO Thierry Delaporte has an impressive CV but challenges galore: Experts

Delaporte will have to ring in organisational changes to help Wipro regain lost ground, feel experts.

Wipro Shares Gain Over 2% On Appointment Of New CEO And Managing Director

Wipro shares gained more than 2 per cent on the BSE on the appointment of Capgemini executive Thierry Delaporte as new CEO and managing director.

Wipro names former Capgemini COO Thierry Delaporte as new CEO; Neemuchwala to leave on 1 June

Thierry Delaporte, who will replace Abidali Neemuchwala, was most recently the chief operating officer of Capgemini Group.

After Infosys, now Wipro hires a Capgemini top executive as CEO & MD

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

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Forbes removes Kylie Jenner from billionaires list

Olushola Odeyinde Kylie Jenner has been removed from the list of billionaires by Forbes on Friday. The Reality Tv star, Make-up business mogul, and influencer has been accused by Forbes of in...

Forbes Announces Kylie Jenner Is No Longer A Billionaire

Kylie Jenner has lost her billionaire status after being accused by Forbes of inflating the size of her business and success.

Kylie Jenner’s Billionaire Status Questioned by Forbes

Forbes has done the key investigative financial reporting we need, revealing that Kylie Jenner is not actually a billionaire, even after the 600-million-dollar sale of Kylie Cosmetics to Coty.

Kylie Jenner, Forbes spar over story on billionaire status

Forbes magazine, which once declared Kylie Jenner a billionaire on its cover, says she no longer deserves the title, but Jenner is pushing back.

Kylie Jenner is not a billionaire, says Forbes magazine now

LOS ANGELES, May 30 — Forbes magazine, which in March 2019 declared reality TV star Kylie Jenner had become the world’s youngest self-made billionaire, said yesterday that it no longer believed that her net worth was that much. The magazine said it reviewed financial data released by Coty Inc,...

Kylie Jenner Disputes Forbes Claim She Isn’t A Billionaire

Kylie Jenner is defending herself after Forbes published a report that the 22-year-old isn't the youngest self-made billionaire after all. Forbes analyzed six months

Turns Out Kylie Jenner Might Not Be a Billionaire After All

A new report from Forbes believes that Jenner's earnings via Kylie Cosmetics have been inflated for years.

Kylie Jenner, Responding To Forbes Report, Says She Never ‘Tried To Lie’

The 22-year-old cosmetics mogul is still worth $900 million.

Forbes says Kylie Jenner is no longer a billionaire, claims she FORGED tax returns

Forbes says Kylie Jenner is not a billionaire - after originally naming her the youngest billionaire ever - claims she fabricated financial documents to support the false claim. On Friday, Forbes called out Kylie Jenner and

Forbes Strips Kylie Jenner of Billionaire Status for Inflating Size of Her Business

Forbes named Kylie Jenner a billionaire last year making her the younger entrepreneur with that distinction, however, the financial publication has...

Forbes Revokes Kylie Jenner’s Youngest Self-Made Billionaire Title—Says She Lied

The magazine cited alleged proof that Jenner faked it to make it.

Kylie Jenner fires back at Forbes after claim she lied to gain billionaire status

Kylie Jenner has fired back at Forbes for claiming she forged documents and over exaggerated her business to attain the billionaire status, saying she is not a billionaire. Kylie bashed the most explosive claim in the

Kylie Jenner Responds To Forbes’ Claims That She Lied Her Way To Billionaire Status

After Forbes magazine announced that they were removing Kylie Jenner from their list of billionaires and stripped her of the title “World’s

Go read this Forbes investigation alleging Kylie Jenner isn’t actually a billionaire

Kylie Jenner was perhaps not the youngest self-made billionaire ever, Forbes suggests

Kylie Jenner Responds To Forbes’ Accusation Of “Inflating” Billionaire Status

Kylie Jenner has responded to Forbes' claim that she inflated her billionaire status.

Forbes Magazine Has Revoked Kylie Jenner’s Billionaire Status And Accused Her Of Lying

She's only worth a paltry $900 million.

Kylie Jenner has been 'inflating' her business success and isn't a billionaire, Forbes says

You know what's less cool than a billion dollars? "Inflating" the success of your business for years, as Forbes claims Kylie Jenner has done. Forbes declared Jenner the youngest self-made billionaire ever last year, but it's now offering an update: actually, now she's not a billionaire at all, self-made or otherwise. The outlet on Friday concluded that Jenner's business is, it turns out, "significantly smaller, and less profitable, than the family has spent years leading the cosmetics industry and media outlets, including Forbes, to believe." The report describes how Jenner publicists showed Forbes tax returns demonstrating the unbelievable growth of her company, Kylie Cosmetics, and showing $307 million in revenue in 2016. The documents were apparently a little too unbelievable, in fact; the outlet describes the numbers the Jenners provided as "hard to believe" and writes that filings later showed there's "virtually no way" they were accurate. "If Kylie Cosmetics did $125 million in sales in 2018, how could…

Inside Kylie Jenner's quest to become a 'fake billionaire' - orchestrated by momager Kris

Kylie Jenner has been outed as a 'fake billionaire' by Forbes magazine, the very publication that declared her 'the world's youngest self-made billionaire

Kylie Jenner Is Not A Billionaire & Lied To Inflate Her Net Worth, Claims Forbes

Forbes Magazine has stripped Kylie Jenner of her title of “youngest self-made billionaire” after the outlet claims the Kylie Cosmetics founder

Kylie Jenner denies Forbes' claim she's no longer a billionaire and peddled a 'web of lies' about her net worth

Kylie Jenner is speaking out after Forbes insisted she isn't really a billionaire after all and faked numbers about her net worth.

Forbes revoke Kylie Jenner's billionaire status, slamming her "web of lies"

Forbes has revoked Kylie Jenner's billionaire status following an article published claiming the 22-year-old largely exaggerated her earnings

Forbes just revoked Kylie Jenner's billionaire status, saying she's exaggerated her company's success for years. Take a look at how Jenner built her empire.

Forbes now alleges that Kylie Cosmetics has never made as much money as Kylie Jenner and her team claimed.

EXCLUSIVE: Kylie Jenner could face criminal investigation and even JAIL over 'web of lies' surrounding her company's value after Forbes claimed she faked billionaire status, top financial fraud attorney reveals

Kylie Jenner could face a criminal investigation over alleged exaggerations of her company's value, financial fraud attorney Jan Handzlik told DailyMail.com.

Google could pick up stake in Vodafone Idea

A report in the Financial Times says Alphabet, Google’s parent company, is looking to buy 5 per cent stake in Vodafone's India business.

Google may pick 5% stake in Vodafone Idea

Google is considering acquiring a stake in Vodafone Group Plc’s struggling Indian business, the Financial Times reported, joining Facebook in investing in the world’s fastest-growing mobile arena. Google may take a stake of about 5% in Vodafone Idea, though the deliberations are at a very early stage, the FT cited people familiar with the matter as saying.

No proposal from Google, says Vodafone Idea

Vodafone Idea dismisses report of Google buying stake

"Currently, there is no proposal as reported by the media that is being considered at the Board," Vodafone Idea said

Google mulls Vodafone Idea stake acquisition - report

Google plans to invest in Indian operator Vodafone India. The US giant seeks to acquire a 5 percent stake in Vodafone Idea, Financial Times reports, citing unnamed sources familiar with the matter. No financial details related to the planned transaction have been disclosed. 

Vodafone Idea not considering any proposal from Google

On May 28, it was reported that Google was looking to enter India's telecom market via a 5 percent stake purchase in Vodafone Idea.

Vodafone Idea shares zoom on Google stake buy reports

Telecom giant denies any such plans

Voda Idea jumps 35% on reports Google eyeing 5% stake in telco

For a 5 per cent stake, Google will have to shell out $110 million.

Vodafone Idea shares up by 30% amid reports of Google investment

Vodafone Idea surges 35% on report Google eyeing 5% stake, trims gain later

The stock has been more-than-doubled from Rs 3.04 on April 1, as compared to a 13.4 per cent rise in the S&P BSE Sensex during the same period.

Vodafone Idea Denies Reports Of Likely Stake Sale Talks With Google

On Friday, Vodafone Idea shares rose 12.71% to Rs 6.56 apiece on the BSE on reports of a likely stake sale deal with Google.

Vodafone Idea share price zooms 35% on report Google eyeing stake in telco

Share price of Vodafone Idea gained 35% to Rs 7.85 compared to the previous close of Rs 5.82 on BSE

No proposal before board now, says Voda Idea on Google picking stake in co

The clarification to the BSE by Vodafone Idea comes a day after reports that Alphabet Inc's Google is eyeing about 5% stake in the telecom company.

Vodafone Idea issues clarification on reports of Google picking stake in company

Reacting to the reports of tech giant Google eyeing a 5 per cent stake in the company, Vodafone Idea on Friday clarified that there is no proposal before

Vodafone Idea stock jumps 35% on report of possible stake sale to Google

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

Google's interest positive but may not help solve Voda Idea's debt woes

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

Vodafone Idea share price dips 20% from day's high after co clarifies on stake sale

Any such investment will provide a breather for Vodafone Idea which has been reeling under increasing financial stress.

Vodafone-Idea clarifies on reports of Google seeking to buy equity stake, here’s why the stock fell 15%

Cash-strapped telecom major Vodafone-Idea has clarified that its Board is currently not considering any proposal for investment in the comping, a day after The Financial Times reported that internet giant Google could pick up a 5% equity stake in the firm.

Google's 5 per cent investment would not provide relief to Vodafone Idea: Report

Google's 5 per cent investment, even if it materialises, would be inadequate to solve debt problems at Vodafone Idea, according to a Credit Suisse report.“While Google's investment into VIL wo

Vodafone Idea: No proposal before Board on stake sale to Google, but evaluating various opportunities

The Financial Times had reported that Google was exploring to buy a 5% stake in Vodafone Idea.

Google mulling stake in VIL positive but inadequate to solve telcos' debt woes: Analysts

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

Core sector output contracts by record 38.1 per cent in April

The output of eight core infrastructure industries shrank by a record 38.1 per cent in April due to the coronavirus-induced lockdown, according to the official data.

Covid takes toll on core sector, output slumps 38% in April

India Business News: Output of eight core sector industries plunged 38.1% in April — probably the steepest ever — led by an over 80% slump in cement and steel production d

India's eight core infrastructure sectors contract 38.1% in April

Massive contraction recorded amid a nationwide lockdown to contain the spread of coronavirus

Core sector output contracts 38% in April owing to stalled economic activity

In March, the output of the core sector that includes eight infrastructure sectors — coal, crude oil, natural gas, refinery products, fertiliser, steel, cement, and electricity — had contracted 9%.

Pandemic pain: Output of 8 core sectors contracts 38.1% in April

As expected, the lockdown wreaked havoc on the output of eight core industries in April, contracting 38.1 per cent for the month under review.The eight core industries — coal, crude oil, natural gas,

GDP growth slows to 3.1% in Q4; core sector output contracts 38.1% in April

India Business News: The gross domestic product or GDP data released on Friday showed that the economy slowed to 3.1 per cent in the January-March quarter, partly as a res

Lockdown impact: Eight core industries' output contracts by 38.1% in April

Output of eight infrastructure sectors saw 5.2% growth in year-ago period

India's Q4 GDP growth falls to 3.1% - worst since 2009 global financial crisis

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

Coronavirus impact: Output in eight core industries declines 38% in April

All eight core sectors reported massive decline in production during April, with coronavirus-mandated lockdowns in place. Cement and steel reported the biggest losses in output at 86 per cent and 83.9 per cent, respectively

India’s core sector output witnesses biggest ever fall, contracts 38% in April as lowdown hits economy

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

Biz EOD: India's GDP growth lower than 2009; core industries' output declines; credit card, MSME loans fall

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

Volkswagen pumps 2 billion euros into China electric vehicle bet

BEIJING/HONG KONG (Reuters) - Volkswagen AG (VOWG_p.DE) plans to boost its electric push in China, the world’s biggest auto market, by pumping 2.1 billion euros in two Chinese electric vehicle players.

Volkswagen pumps 2 billion euros into China electric vehicle bet

Volkswagen AG plans to boost its electric push in China, the world's biggest auto market, by pumping 2.1 billion euros in two Chinese electric ...

Volkswagen invests 2 billion euros in Chinese electric vehicle sector

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

Volkswagen invests €2b in Chinese electric vehicle sector

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

Volkswagen invests US$2.2b in Chinese electric vehicle sector

Volkswagen said on Friday it will invest around 2 billion euros ($2.2 billion) in two Chinese companies in the electric vehicle sector, calling it ...

Volkswagen invests 2 billion euros in Chinese electric vehicle sector

Volkswagen said on Friday it will invest around 2 billion euros ($2.2 billion) in two Chinese companies in the electric vehicle sector, calling it "the world's biggest market".

VW spending $2.2B to expand in China's electric car market

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

VW increases bet on China’s slowing electric vehicle market

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

VW spending $2.2B to expand in China’s electric car market

Volkswagen makes its biggest foreign investment of $2.2 billion to make its presence in the Chinese electric vehicle market.

VW spending $2.2B to expand in China's electric car market

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

VW spending $2.2B to expand in China's electric car market

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

Volkswagen Ploughs Over $2 Billion Into the Chinese Electric Car Industry

On Friday, Volkswagen announced it would be investing $2.2 billion in two companies in the Chinese electric vehicle sector in a bid to push forward the "world's biggest market" towards the electrification of cars.

Volkswagen spending $2.2 billion to expand in China’s electric car market

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

Volkswagen AG pumps 2 billion euros into China electric vehicle bet, buys stakes in 2 firms

VW said it will invest 1 billion euros to take a 50% stake in the state-owned parent of Anhui Jianghuai Automobile Group (JAC Motors), also raising its stake in an existing electric vehicle joint venture with JAC to 75% from 50%.

Volkswagen to invest 2 billion euros in Chinese EV deal, buys stakes in two firms

In a separate transaction, VW said it will pay 1.1 billion euros to acquire 26.5% of Guoxuan High-tech Co Ltd, a maker of electric vehicle batteries, becoming its biggest shareholder

Volkswagen Pumps $2.2 Billion Into China EV Operations, Expands Cooperation With Ford

Earlier this month, Volkswagen announced it was rethinking its plan to use its SEAT brand to spearhead its electric vehicle efforts in China. It wasn't exactly clear at that time what the company's Plan B was. Certainly it was not abandoning its China plans, was it? This week, that question has been answered. The company

Volkswagen Looks East To China, Pledges €2bn To Boost Beijing's Electric, New Energy Vehicle Market

The world's largest automaker group is set to enter the Chinese market as rival motor companies compete for a top spot in the world's largest car market, the company...

Volkswagen invests two billion euros in China – new acquisitions are part of its electrification strategy

Volkswagen has announced some big moves in China as part of its electrification strategy in the world's largest auto market. The German giant plans to

Volkswagen invests €2bn in Chinese electric vehicle sector

BEIJING: Volkswagen will invest around €2 billion ($2.2 billion) in two Chinese companies in the electric vehicle sector, calling it “the world’s biggest market.” The German car giant said it will take a 50 percent stake in JAG — the parent company of state-owned JAC Motors — and increase its holding in the JAC Volkswagen joint venture from 50 percent to 75 percent for around

Tesla performance opens door to Elon Musk payday

NEW YORK, May 29 ― Tesla has hit financial marks that let its colourful chief executive Elon Musk reap the first portion of a multi-billion dollar compensation package, the electric car maker said yesterday. Musk has foregone a base salary in exchange for a shot at a fortune in deeply discounted...

Tesla performance opens door to Elon Musk payday

Tesla has hit financial marks that let its colorful chief executive Elon Musk reap the first portion of a multi-billion dollar compensation package, the electric car maker said Thursday.

Elon Musk gets a $770 million award as Tesla hits goals

He can't sell the shares yet, though.

Elon Musk earns performance-based Tesla payout worth $775M

Elon Musk is officially in the money. The Tesla CEO on Thursday became eligible to cash in on a controversial payday which could see him pocket more than $700 million. The electric automaker said in a

Elon Musk earns £625 million payday after Tesla hits targets

It was not clear if Mr Musk, whose wealth is estimated at 39 billion dollars (£31.7 billion) by Forbes magazine, exercised the options.

Elon Musk earns £625 million payday after Tesla hits targets

It was not clear if Mr Musk, whose wealth is estimated at 39 billion dollars (£31.7 billion) by Forbes magazine, exercised the options.

Elon Musk earns £625 million payday after Tesla hits targets

Tesla chief executive Elon Musk has seen his wealth boosted by £625 million after his company hit a number of performance targets.

Elon Musk earns £625 million payday after Tesla hits targets

It was not clear if Mr Musk, whose wealth is estimated at 39 billion dollars (£31.7 billion) by Forbes magazine, exercised the options.

Elon Musk earns £625 million payday after Tesla hits targets

Tesla chief executive Elon Musk has seen his wealth boosted by £625 million after his company hit a number of performance targets.The electric car maker passed the milestones of a total market value of 100 billion dollars (£81 billion) and making 20 billion (£16 billion) in revenue for four quarters triggering the compensation package.A filing with the US Securities and Exchange Commission said Mr Musk can buy 1.69 million shares of Tesla for 350.02 dollars (£284.03), compared to its most recent closing price of 805.81 dollars (£653.93).It was not clear if Mr Musk, whose wealth is estimated at 39 billion dollars (£31.7 billion) by Forbes magazine, exercised the options.

Elon Musk just earned $780 million from Tesla — but there’s a catch

The monstrous compensation package for Tesla CEO Elon Musk is considered the largest of its kind in history, and it's starting to pay out.

Elon Musk Awarded $800 Million For Doing His Job

Elon Musk has taken Tesla, the world's largest electric vehicle manufacturer, for a wild ride in the last c...

Tesla’s Musk earns $770M in stock options, company confirms

Tesla confirmed Thursday that CEO Elon Musk will get the first tranche worth nearly $770 million of a stock-based compensation package

Tesla CEO Elon Musk gets $700 million in first performance-based payout

Tesla has awarded its CEO, Elon Musk, with the first out of 12 performance-based payouts — and it’s worth over a whopping $700 million.

Tesla: Elon Musk qualifies for $770 million compensation

May 29 (UPI) -- Tesla announced in its Thursday filing with the Securities and Exchange Commission that founder Elon Musk has qualified for a compensation package worth some $770 million after the company reached certain growth goals.

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

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

Elon Musk just cleared the first of 12 levels that end in a $55 billion payday. Here's how his elaborate Tesla compensation plan works.

Musk's compensation agreement with Tesla includes 12 "tranches" of stock options that become available only after certain goals are hit.

Sundaram Finance net at ₹131 crore

Sundaram Finance Ltd. (SFL) has registered a net profit of ₹130.89 crore for the fourth quarter ended March 2020. The firm had recorded a net profit of ₹675 crore a year earlier.The net profit of the

Wendt Standalone March 2020 Net Sales at Rs 22.79 crore, down 29.9% Y-o-Y

Lupin Standalone March 2020 Net Sales at Rs 2,483.88 crore, down 16.42% Y-o-Y

Ceat Consolidated March 2020 Net Sales at Rs 1,573.41 crore, down 10.63% Y-o-Y

IIFL Finance Standalone March 2020 Net Sales at Rs 774.65 crore, down 8.34% Y-o-Y

IIFL Finance March Quarter profit plunges 81% to Rs 59 crore

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

LT Foods Consolidated March 2020 Net Sales at Rs 1,197.95 crore, up 18.76% Y-o-Y

Wendt Consolidated March 2020 Net Sales at Rs 26.29 crore, down 28.87% Y-o-Y

Auto Corp Goa Standalone March 2020 Net Sales at Rs 75.40 crore, down 29.79% Y-o-Y

Muthoot Cap Standalone March 2020 Net Sales at Rs 146.90 crore, up 7.67% Y-o-Y

IIFL Finance Consolidated March 2020 Net Sales at Rs 1,286.70 crore, down 7.93% Y-o-Y

Rain Industries Consolidated March 2020 Net Sales at Rs 2,897.65 crore, down 9.35% Y-o-Y

Agro Tech Foods Standalone March 2020 Net Sales at Rs 204.67 crore, up 2.24% Y-o-Y

Sundaram Finance posts Rs 131 crore net profit for March quarter

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

TVS Motor shares dip over 3% as March quarter profit plunges 43%

The company said it had successfully transitioned to BS-VI

Hind Nat Glass Standalone March 2020 Net Sales at Rs 537.00 crore, down 15.34% Y-o-Y

Jubilant Life Sciences posts Rs 260.49 crore profit for March quarter

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

Mastercard's (MA) Management at Sanford C Bernstein Strategic Decisions Conference - Transcript

Mastercard Incorporated (NYSE:MA) Sanford C Bernstein Strategic Decisions Conference May 28, 2020 2:00 PM ET Company Participants Sachin Mehra – Chief Financial

General Electric (GE) Presents at Bernstein 36th Annual Strategic Decisions Virtual Conference (Transcript)

General Electric Company (NYSE:GE) Bernstein 36th Annual Strategic Decisions Virtual Conference Call May 28, 2020 10:00 A.M. ET Company Participants Larry Culp

Cognizant Technology Solutions' (CTSH) Management on 2020 Bernstein Strategic Decisions Conference - Transcript

Cognizant Technology Solutions Corporation (NASDAQ:CTSH) 2020 Bernstein Strategic Decisions Conference May 28, 2020 4:00 PM ET Company Participants Karen McLoug

U.S. Bancorp (USB) CEO Andy Cecere Presents at Bernstein Strategic Decisions Conference (Transcript)

U.S. Bancorp (NYSE:USB) Bernstein Strategic Decisions Conference May 28, 2020 1:00 PM ET Company Participants Andy Cecere - Chief Executive Officer Terry Dolan

Tapestry's (TPR) CEO Jide Zeitlin Presents at Bernstein Strategic Decisions Conference (Transcript)

Tapestry, Inc. (NYSE:TPR) Bernstein Strategic Decisions Conference May 28, 2020 4:00 PM ET Company Participants Jide Zeitlin – Chairman and Chief Executive Offi

American International Group Inc (AIG) Presents at Deutsche Bank Global Financial Services Conference (Transcript)

American International Group Inc (NYSE:AIG) Deutsche Bank Global Financial Services Conference May 27, 2020 07:45 AM ET Company Participants Mark Lyons - Execut

KKR & Co's (KKR) Management Presents at Bernstein Strategic Decisions Conference 2020 (Transcript)

KKR & Co. Inc. (NYSE:KKR) Bernstein Strategic Decisions Conference 2020 Call May 28, 2020 3:00 PM ET Company Participants Scott Nuttall – Co-President and C

Citigroup Inc. (C) CEO Mike Corbat Presents at Bernstein's 36th Annual Strategic Decisions Conference (Transcript)

Citigroup Inc. (NYSE:C.PK) Bernstein's 36th Annual Strategic Decisions Conference May 29, 2020 10:00 AM ET Company Participants Mike Corbat - Chief Executive Of

Blackstone Group Inc. (BX) CEO Steve Schwarzman Presents at Bernstein's 36th Annual Strategic Decisions Conference (Transcript)

Blackstone Group Inc. (NYSE:BX) Bernstein’s 36th Annual Strategic Decisions Conference May 27, 2020 1:30 PM ET Company Participants Steve Schwarzman - Chairman

Medtronic plc (MDT) CEO Geoff Martha presents at Bernstein 36th Annual Strategic Decisions Conference (Transcript)

Medtronic plc (NYSE:MDT) Bernstein 36th Annual Strategic Decisions Conference May 29, 2020 09:00 AM ET Company Participants Geoff Martha - Chief Executive Offic

Uniti Group Inc. (UNIT) Management Presents at Cowen 2020 Technology, Media & Telecom Conference (Transcript)

Uniti Group Inc. (NASDAQ:UNIT) Cowen 2020 Technology, Media & Telecom Conference May 29, 2020 01:50 PM ET Company Participants Mark Wallace - Chief Financia

BlackRock, Inc. (BLK) CEO Larry Fink Presents at Deutsche Bank Global Financial Services Conference Call (Transcript)

BlackRock, Inc. (NYSE:BLK) Deutsche Bank Global Financial Services Conference May 27, 2020 12:05 PM ET Company Participants Larry Fink - Chairman and CEO Confer

Wells Fargo & Company (WFC) CEO Charlie Scharf presents at Bernstein 36th Annual Strategic Decisions Conference (Transcript)

Wells Fargo & Company (NYSE:WFC) Bernstein 36th Annual Strategic Decisions Conference May 29, 2020 09:00 AM ET Company Participants Charlie Scharf - Chief E

COVID-19 could cause $8.5 trillion loss in global output: UN Sec Gen

“Unless we act now, the COVID-19 pandemic will cause unimaginable devastation and suffering around the world. Hunger and famine of historic proportions. Sixty million more people pushed into extreme poverty. Up to half the global workforce – 1.6 billion people – without livelihoods,” Guterres said

UN Secretary General warns of loss of $8.5 trillion in global output due to pandemic

Addressing a virtual press conference along with Prime Minister of Jamaica Andrew Holness and Prime Minister of Canada Justin Trudeau, Antonio Guterres said the world is afflicted by enormous fragilities: weak health systems; runaway climate change; unsustainable levels of inequality.

Covid-19 could cause USD 8.5 Trillion Loss In Global Output: UN Sec Gen

UN chief Antonio Guterres has warned that the COVID-19 pandemic will cause unimaginable devastation, usher in hunger and famine of historic proportions and lead to a loss of USD 8.5 trillion in global output

COVID-19 could cause USD 8.5 trillion loss in global output: UN Sec Gen

Nagaland Page is an English newspaper published from Dimapur, Nagaland.

COVID-19 could cause $8.5 trillion loss in global output, warns UN chief Antonio Guterres

He said the pandemic could usher in a loss of USD 8.5 trillion in global output  the sharpest contraction since the Great Depression of the 1930s.

COVID-19 could cause $8.5 trillion loss in global output: UN chief Antonio Guterres

“We must avoid it. The pandemic has demonstrated our fragility. Despite all the technological and scientific advances of recent decades, we are in an unprecedented human crisis, because of a microscopic virus,” the UN Secretary General said on Thursday to the high-level event on Financing For Development.

Covid can cause $8.5 trillion loss in global output: UN chief Antonio Guterres

UN chief Antonio Guterres has warned that the Covid-19 pandemic will cause unimaginable devastation, usher in hunger and famine of historic proportions and lead to a loss of $8.5 trillion in

Covid-19 could Lead to Loss of $ 8500 Billion in Global Output: Secretary General -

United Nations chief Antonio Guterres has warned that the Covid-19 pandemic may cause unimaginable catastrophe and may lead to severe

USD/CAD rebounds from multi-month lows, trades above 1.3770

The USD/CAD pair dropped to its lowest level since early March at 1.3713 during the early trading hours of the American before staging a decisive reco

EUR/USD Price Analysis: Rising odds for a test of 1.1150 and above

EUR/USD has quickly left behind the key 200-day SMA and is now trading at shouting distance from the key barrier in the 1.1150 region. If the upside m

USD/JPY extends rebound and prints fresh daily highs above 107.70

The USD/JPY pair broke to the upside after moving sideways for hours during 107.05 and 107.30. It climbed to 107.82, hitting a fresh daily high as the

EUR/JPY Price Analysis: Scope for a test of 121.00

The march north in EUR/JPY remains unabated and it has already left behind the 119.00 yardstick. The cross is now flirting with the key 4-month resist

US Dollar Index Price Analysis: Interim support emerges at 97.87

DXY came under further pressure and is now navigating t he area of multi-week lows in the 98.00 neighbourhood. Sellers now look to have regained the u

Gold Price Analysis: XAU/USD pulls away from daily highs, trades above $1,725

The troy ounce of the precious metal advanced to a fresh daily high of $1,733 during the early trading hours of the American session but struggled to

AUD/USD Price Analysis: Greenback’s drop accelerates the rise above 0.6600

AUD/USD takes the bids around 0.6658, up 0.20% on a day, during the pre-European session on Friday. The Aussie pair recently gained traction after the

US Dollar Index Index Price Analysis: DXY ends the week near 10-week lows

DXY dropped to the 98.20/98.00 support zone while under below the main SMAs. If the market can find some footing here, the index might rebound. However, a brea

AUD/JPY Price Analysis: Depressed above 71.00 after Japanese statistics

AUD/JPY drops to 71.33 after the key economics from Japan recently weighed on the pair amid the initial Asian session on Friday. Read: Tokyo area May

GBP/USD Price Analysis: 50-day EMA regains bulls’ attention above 1.2300

The GBP/USD pair’s pullback from the intraday bottom fades upside momentum around 1.2320/25 amid Friday’s Asian session. Even so, the pair stays mildl

USD/INR New York Price Analysis: Greenback eyeing the May’s lows vs. Indian rupee

USD/INR is retreating further below the 76.00 figure as the spot is having a hard time to find a clear direction in May while the quote stays confined in the 7

S&P 500 Price Analysis: US stocks advance taking a breather above 3000 mark

After the crash seen in February-March, the S&P 500 is rebounding up sharply while regaining most of the lost ground. The market is hovering in 2.5-month high

Sensex surges 224 points, Nifty reclaims 9,500-mark

Equity benchmark Sensex extended its gains further on Friday, surging 224 points while Nifty topped the 9,500-mark. 

Sensex surges 224 points; Nifty tops 9,550-mark

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

Sensex surges 224 pts; Nifty tops 9,550-mark

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

Sensex rises 224 points, Nifty ends above 9,500-mark lead by pharma, FMCG stocks

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

Sensex rebounds 224 points from day's low, Nifty at 9,580; ONGC top gainer, jumps over 5%

Sensex jumped 224 points on Friday, driven by gains in HDFC, ITC and HUL despite weak cues from global markets.

Markets Weaken On Opening Session As Sensex Slips 247.86 Points, Nifty At 9438 Points

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

Sensex, Nifty close higher for third straight session: Key factors behind the share market rally

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

Sensex ends 6% higher this week, Nifty Bank surges 12%; check key factors behind markets’ upmove

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

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

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

Market LIVE: Sensex ends 600 pts up from day’s low, Nifty settles at 9,568; HDFC, ITC among top contributors

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

Coronavirus sinks U.S. consumer spending; savings hit record high

WASHINGTON (Reuters) - U.S. consumers cut spending by the most on record for the second straight month in April while boosting savings to an all-time high, and the growing frugality reinforced expectations the economy could take years to recover from the COVID-19 pandemic.

Coronavirus depresses US consumer spending in April

WASHINGTON, May 29 — US consumer spending suffered another month of record decline in April as the Covid-19 pandemic undercut demand, buttressing expectations that the economy could contract in the second quarter at its steepest pace since the Great Depression. The Commerce Department said today...

US consumer spending sinks by record 13.6% in face of virus

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

Coronavirus depresses U.S. consumer spending in April

WASHINGTON (Reuters) - U.S. consumer spending suffered another month of record decline in April as the COVID-19 pandemic undercut demand, buttressing expectations that the economy could contract in the second quarter at its steepest pace since the Great Depression.

Coronavirus depresses U.S. consumer spending in April

U.S. consumer spending suffered another month of record decline in April as the COVID-19 pandemic undercut demand, buttressing expectations that the economy could contract in the second quarter at its steepest pace since the Great Depression. The Commerce Department said on Friday consumer spending,

Coronavirus sinks U.S. consumer spending; savings hit record high

By Lucia Mutikani WASHINGTON (Reuters) - U.S.

US consumer spending sinks by record 13.6% in face of virus

WASHINGTON — U.S. consumer spending plunged by a record-shattering 13.6% in April as the viral pandemic shuttered businesses, forced millions of layoffs and sent the economy into a deep recession.

US consumer spending sinks by record 13.6% in face of virus

WASHINGTON — U.S. consumer spending plunged by a record-shattering 13.6% in April as the viral pandemic shuttered businesses, forced millions of layoffs and sent the economy into a deep recession.

Record drop in U.S. consumer spending as Americans stay home

With U.S. stores shuttered and many Americans stuck at home, U.S. consumer spending plunged by a record 13.6% in April. That's the biggest drop since the government began tracking that data in 1959, and that decline was even deeper than economists had forecast. Consumer spending accounts for more than two-thirds of U.S. economic activity, and that plunge supports expectations that the economy could shrink in the second quarter at its steepest pace since the Great Depression. Spending on healthcare dropped as dental offices closed and hospitals put off elective surgeries. Americans spent less less at restaurants and on hotels. The drop comes despite a surge in personal income. Stimulus checks that the government issued lifted incomes 10.5% last month, rebounding from a drop of over 2% in March when people began to stay at home. Federal Reserve Chair Jerome Powell is set to speak in a public webcast Friday, and Wall Street is watching closely to see if he have the Fed restart large-scale purchases of bonds to boost…

Coronavirus sinks US consumer spending; savings hit record high

U.S. consumers cut spending by the most on record for the second straight month in April while boosting savings to an all-time high, and the ...

US consumer spending plunged the most ever last month as savings spiked to a record high

A drop in spending could have a devastating effect on the US economy, as consumption is responsible for roughly two-thirds of gross domestic product.

Williams set to sell Formula One team

Williams is considering a sale of its once-dominant but now struggling Formula One team as part of a new strategic direction.

Williams set to sell Formula One team

Williams is considering a sale of its once-dominant but now struggling Formula One team as part of a new strategic direction.

Williams considers selling F1 team after £13m loss

Williams revealed that they are considering selling the Formula One team after a multi-million pound drop in the company's financial results.

Williams considers sale of struggling F1 team

Williams is considering a sale of its once-dominant but now struggling Formula One team as part of a new strategic direction, Williams Grand Prix ...

Cash-strapped Williams considers selling F1 team

Williams is considering selling a minority or majority stake to secure its future in F1. Click here to know more.

Williams considers selling F1 team after £13 million loss

Williams revealed on Friday that they are considering selling the Formula One team after a multi-million pound drop in the company's financial ...

Williams set to sell Formula One team following financial losses

Williams are considering selling their Formula 1 team due to growing financial pressures.This mo...

Formula One: Williams considering selling team after suffering over $15 million in losses

After posting a £12.9 million profit in 2018, Williams have responded to the blow by seeking new investment.

Williams loses ROKiT immediately as title sponsor; sale of F1 team possible

Things at Williams aren't going well at the moment. On Friday morning it was announced that ROKiT has left the British race stable as a title sponsor. At the moment the British brand is looking at a partial sale of the team, but even a complete takeover is not excluded.

Challenger bank Starling raises additional £40m

Fintech led by former AIB chief operating officer, has now raised £363m to date

Starling Bank lands £40m from existing backers

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

Starling Scores $49 million From Its Investors

Starling, a United Kingdom-based digital bank, has raised $49 million in a funding round led by its investors Merian Chrysalis Investment Co. and Harald McPike.

Starling Bank Scores Another £40 Million from Existing Investors

Starling Bank, a UK-based challenger bank, has raised £40 million (around $49.2 million) in the latest funding round from its existing investors.

Starling Bank raises £40 million as SME banking business picks up

Starling bank has raised a further £40 million from existing investors JTC and Merian Chrysalis Investment Company, bringing the total raised this year to £100 million.

Starling Bank raises £40m as it lends to virus-hit small businesses

Starling Bank has raised £40 million from investors as small businesses turn to lenders for support during the coronavirus crisis.

UK challenger bank Starling Bank raises €44.3 million to support small businesses

Today UK challenger bank Starling Bank has raised approximately €44.3 million in a funding round led by JTC and Merian Chrysalis Investment Company Limited. The investment follows an approximate €66.5 million investment in February 2020, bringing the total raised by Starling in 2020 to around €110 m

Starling Bank boosts its support for small and medium-sized businesses

Starling Bank is continuing to beef up its B2B banking and payments services following a fresh round of investment.

Starling Bank Raises £40 Million From Existing Investors, Total Raised for the Year Stands at £100 Million

Digital bank Starling bank has raised £40 million from existing investors according to a note from the Fintech. Starling said the funding was led by JTC and M

Dell Technologies' (DELL) CEO Management on Q1 2021 Results - Earnings Call Transcript

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

Williams-Sonoma, Inc. (WSM) CEO Laura Alber on Q1 2020 Results - Earnings Call Transcript

Williams-Sonoma, Inc. (NYSE:WSM) Q1 2020 Earnings Conference Call May 28, 2020 05:00 PM ET Company Participants Elise Wang - VP, IR Laura Alber - President and

Salesforce's (CRM) CEO Marc Benioff on Q1 2021 Results - Earnings Call Transcript

Salesforce (NYSE:CRM) Q1 2021 Earnings Conference Call May 28, 2020 5:00 PM ET Company Participants Evan Goldstein – Senior Vice President of Investor Relations

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

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Big Lots, Inc. (BIG) CEO Bruce Thorn on Q1 2020 Results - Earnings Call Transcript

Big Lots, Inc. (NYSE:BIG) Q1 2020 Earnings Conference Call May 29, 2020 08:00 ET Company Participants Andy Regrut - Vice President, Investor Relations Bruce Tho

Aritzia Inc's (ATZAF) CEO Brian Hill on Q4 2020 Results - Earnings Call Transcript

Aritzia Inc. (OTC:ATZAF) Q4 2020 Earnings Conference Call May 28, 2020 04:30 pm ET Company Participants Helen Kelly - Vice President, Investor Relations Brian H

Cresco Labs Inc. (CRLBF) CEO Charlie Bachtell on Q1 2020 Results - Earnings Call Transcript

Cresco Labs Inc. (OTCQX:CRLBF) Q1 2020 Results Conference Call May 28, 2020 5:00 PM ET Company Participants Aaron Miles - Vice President, Investor Relations Cha

Golar LNG's (GLNG) CEO Iain Ross on Q1 2020 Results - Earnings Call Transcript

Golar LNG Limited (NASDAQ:GLNG) Q1 2020 Earnings Conference Call May 28, 2020 10:00 AM ET Company Participants Iain Ross – Chief Executive Officer Callum Mitche

Marvell Technology Group Ltd. (MRVL) CEO Matthew Murphy on Q1 2021 Results - Earnings Call Transcript

Marvell Technology Group Ltd. (NASDAQ:MRVL) Q1 2021 Earnings Conference Call May 28, 2020 16:45 ET Company Participants Ashish Saran - Vice President, Investor

Canopy Growth Corporation (CGC) CEO David Klein on Q4 2020 Results - Earnings Call Transcript

Canopy Growth Corporation (NYSE:CGC) Q4 2020 Results Conference Call May 29, 2020 10:00 AM ET Company Participants Judy Hong - VP, IR David Klein - CEO Mike Lee

VMware's (VMW) CEO Pat Gelsinger on Q1 2021 Results - Earnings Call Transcript

VMware, Inc. (NYSE:VMW) Q1 2021 Earnings Conference Call May 28, 2020 4:30 PM ET Company Participants Paul Ziots – Vice President-Investor Relations Pat Gelsing

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Nordstrom, Inc. (JWN) CEO Erik Nordstrom on Q1 2020 Results - Earnings Call Transcript

Nordstrom, Inc. (NYSE:JWN) Q1 2020 Earnings Conference Call May 28, 2020 4:45 P.M. ET Company Participants Trina Schurman - Director, Investor Relations Erik No

Costco Wholesale Corporation (COST) Management on Q3 2020 Results - Earnings Call Transcript

Costco Wholesale Corporation (NASDAQ:COST) Q3 2020 Results Earnings Conference Call May 28, 2020, 5:00 pm ET Company Participants Richard Galanti - Executive Vi

The Toronto-Dominion Bank (TD) CEO Bharat Masrani on Q2 2020 Results - Earnings Call Transcript

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Canadian Western Bank (CBWBF) CEO Christopher Fowler on Q2 2020 Results - Earnings Call Transcript

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Trip.com Group Ltd (TCOM) CEO Jane Sun on Q1 2020 Results - Earnings Call Transcript

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Laurentian Bank of Canada (LRCDF) CEO François Desjardins on Q2 2020 Results - Earnings Call Transcript

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Pure Storage, Inc. (PSTG) CEO Charlie Giancarlo on Q1 2021 Results - Earnings Call Transcript

Pure Storage, Inc. (NYSE:PSTG) Q1 2021 Earnings Conference Call May 28, 2020 17:00 ET Corporate Participants Charlie Giancarlo - Chief Executive Officer Kevan K

Golar LNG Partners LP (GMLP) CEO Karl Staubo on Q1 2020 Results - Earnings Call Transcript

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Grupo Supervielle S.A. (SUPV) CEO Jorge Ramirez on Q1 2020 Results - Earnings Call Transcript

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BRP Inc. 2020 Q1 - Results - Earnings Call Presentation

The following slide deck was published by BRP Inc. in conjunction with their 2020 Q1 earnings call.

StoneCo Ltd. 2020 Q1 - Results - Earnings Call Presentation

The following slide deck was published by StoneCo Ltd. in conjunction with their 2020 Q1 earnings call.

ReneSola Ltd 2020 Q1 - Results - Earnings Call Presentation

The following slide deck was published by ReneSola Ltd in conjunction with their 2020 Q1 earnings call.

Lupin Ltd ADR 2020 Q4 - Results - Earnings Call Presentation

The following slide deck was published by Lupin Ltd ADR in conjunction with their 2020 Q4 earnings call.

Hitachi, Ltd. 2020 Q4 - Results - Earnings Call Presentation

The following slide deck was published by Hitachi, Ltd. in conjunction with their 2020 Q4 earnings call.

Euroseas Ltd. 2020 Q1 - Results - Earnings Call Presentation

The following slide deck was published by Euroseas Ltd. in conjunction with their 2020 Q1 earnings call.

CD Projekt S.A. 2020 Q1 - Results - Earnings Call Presentation

The following slide deck was published by CD Projekt S.A. in conjunction with their 2020 Q1 earnings call.

Aritzia Inc. 2020 Q4 - Results - Earnings Call Presentation

The following slide deck was published by Aritzia Inc. in conjunction with their 2020 Q4 earnings call.

AutoZone, Inc. 2020 Q3 - Results - Earnings Call Presentation

The following slide deck was published by AutoZone, Inc. in conjunction with their 2020 Q3 earnings call.

Pure Storage, Inc. 2021 Q1 - Results - Earnings Call Presentation

The following slide deck was published by Pure Storage, Inc. in conjunction with their 2021 Q1 earnings call.

iMedia Brands, Inc. 2020 Q1 - Results - Earnings Call Presentation

The following slide deck was published by iMedia Brands, Inc. in conjunction with their 2020 Q1 earnings call.

Grupo Supervielle S.A. 2020 Q1 - Results - Earnings Call Presentation

The following slide deck was published by Grupo Supervielle S.A. in conjunction with their 2020 Q1 earnings call.

Olympus Corporation 2020 Q4 - Results - Earnings Call Presentation

The following slide deck was published by Olympus Corporation in conjunction with their 2020 Q4 earnings call.

Canadian Western Bank 2020 Q2 - Results - Earnings Call Presentation

The following slide deck was published by Canadian Western Bank in conjunction with their 2020 Q2 earnings call.

Vipshop Holdings Limited 2020 Q1 - Results - Earnings Call Presentation

The following slide deck was published by Vipshop Holdings Limited in conjunction with their 2020 Q1 earnings call.

KNOT Offshore Partners LP 2020 Q1 - Results - Earnings Call Presentation

The following slide deck was published by KNOT Offshore Partners LP in conjunction with their 2020 Q1 earnings call.

CIRCOR International, Inc. 2020 Q1 - Results - Earnings Call Presentation

The following slide deck was published by CIRCOR International, Inc. in conjunction with their 2020 Q1 earnings call.

Laurentian Bank of Canada 2020 Q2 - Results - Earnings Call Presentation

The following slide deck was published by Laurentian Bank of Canada in conjunction with their 2020 Q2 earnings call.

Modine Manufacturing Company 2020 Q4 - Results - Earnings Call Presentation

The following slide deck was published by Modine Manufacturing Company in conjunction with their 2020 Q4 earnings call.

Summit Wireless Technologies, Inc. 2020 Q1 - Results - Earnings Call Presentation

The following slide deck was published by Summit Wireless Technologies, Inc. in conjunction with their 2020 Q1 earnings call.

Elekta AB (publ) 2020 Q4 - Results - Earnings Call Presentation

The following slide deck was published by Elekta AB (publ) in conjunction with their 2020 Q4 earnings call.

Booz Allen Hamilton Holding Corporation 2020 Q4 - Results - Earnings Call Presentation

The following slide deck was published by Booz Allen Hamilton Holding Corporation in conjunction with their 2020 Q4 earnings call.

B.O.S. Better Online Solutions Ltd. 2020 Q1 - Results - Earnings Call Presentation

The following slide deck was published by B.O.S. Better Online Solutions Ltd. in conjunction with their 2020 Q1 earnings call.

Maharashtra Govt to soon announce economic package, says DCM Ajit Pawar

Maharashtra to soon announce economic package to tide over virus crisis: Ajit Pawar

'In a nutshell, we are facing an economic crisis and we want to find a way out,' said Pawar.He also said that although the Centre recently announced an economic package, there were still differences of opinion on how much money will be given to the people

Maharashtra govt to soon announce package to tide over crisis: Deputy CM

Maharashtra Deputy Chief Minister Ajit Pawar on Friday said that the state government will soon announce a financial package to steer the state out of the present economic crisis.

Businesses told to start paying furlough bill from August

Chancellor Rishi Sunak unveiled plans for grants for freelancers of up to £6,570 which will also be available from that date.

Businesses told to start paying furlough bill from August

Chancellor Rishi Sunak unveiled plans for grants for freelancers of up to £6,570 which will also be available from that date.

Businesses told to start paying furlough bill from August

Chancellor Rishi Sunak unveiled plans for grants for freelancers of up to £6,570 which will also be available from that date.

Businesses to start paying towards furlough costs in August

A final self-employment coronavirus grant is to be made available and businesses must start paying towards the worker furlough scheme from August, the British Government has announced.

Workers to start getting part of furlough payments from their companies

Chancellor Rishi Sunak announced that the self-employment support scheme has also been extended.

Businesses Must Start Paying Towards Furlough Scheme From August, Chancellor Rishi Sunak Says

Changes to the Coronavirus Job Retention Scheme will enable businesses to bring back staff part time from July and introduce a taper requiring firms to contribute to...

Firms must pay 20 per cent of wages for furloughed staff from August, Rishi Sunak will say today as he starts to wind down massive bailout despite fears of a wave of redundancies

Chancellor Rishi Sunak will declare that businesses should start taking some of the burden despite fears of a wave of redundancies.

UN chief warns leaders pandemic may cause historic famine

Secretary-General Antonio Guterres warns up to 1.6 billion people may be unable to earn a living unless action taken now

UN chief warns leaders pandemic may cause historic famine

The U.N. chief on Thursday warned the largest gathering of world leaders since the coronavirus pandemic began that it will cause “unimaginable devastation and suffering around the world,” with historic levels of hunger and famine and up to 1.6 billion people unable to earn a living.

UN chief warns leaders pandemic may cause historic famine

The U.N. chief on Thursday warned the largest gathering of world leaders since the coronavirus pandemic began that it will cause “unimaginable devastation and suffering around the world,” with historic levels of hunger and famine and up to 1.6 billion people unable to earn a living unless action is taken now.

UN chief warns leaders pandemic may cause historic famine

The U.N. chief on Thursday warned the largest gathering of world leaders since the coronavirus pandemic began that it will cause “unimaginable devastation and suffering around the world,” with historic levels of hunger and famine and up to 1.6 billion people unable to earn a living.

U.N. chief warns leaders coronavirus pandemic may cause historic famine | Honolulu Star-Advertiser

UNITED NATIONS >> The U.N. chief today warned the largest gathering of world leaders since the coronavirus pandemic began that it will cause “unimaginable devastation and suffering around the world,” with historic levels of hunger and famine and up to 1.6 billion people unable to earn a living unless action is taken now.

4.6 magnitude earthquake hits Delhi

Strong tremors were felt across Delhi as a 4.6 magnitude temblor shook the national capital region. According to the National Centre for Seismology, the epicentre of the earthquake was located 14 km

Delhi-NCR struck by earthquake measuring 4.5 on Richter Scale

Delhi-NCR rocked by earthquake: The medium intensity earthquake of magnitude 4.5, had its epicentre in Haryana's Rohtak.

Two quakes hit Rohtak in one-hour span; tremors felt in Delhi

The first quake, a medium intensity one of 4.5 magnitude, hit the Haryana city at 9.08 p.m. at a depth of 5 km. The second quake was of lower intensity of magnitude 2.9 and occurred at the same location at 10 p.m., the National Centre for Seismology said.

Two quakes hit Rohtak in one-hour span; tremors felt in Delhi

The first quake, a medium intensity one of 4.5 magnitude, hit the Haryana city at 9.08 p.m. at a depth of 5 km.

4.6 magnitude earthquake hits Haryana; strong tremors felt in Delhi, nearby areas

Earthquake tremors were felt in Delhi on Friday evening.

Earthquake in Delhi, Gurugram: Richter scale notes 4.6 magnitude earthquake, Haryana’s Rohtak epicenter

Earthquake in Delhi, Gurugram: Reports said Haryana's Rohtak was the epicenter for earthquake and tremors were felt in adjoining areas of Delhi.

Travel disruptions, cost cutting key issues for U.S. business in China

Ninety percent of the 100 or so respondents said they were affected by such disruptions, up from 77% last month, according to a monthly survey on the impact of COVID-19 by the American Chamber of Commerce in China, released Friday.

Travel disruptions, cost cutting key issues for US business in China, says report

BEIJING, May 29 ― Global travel disruptions are the top concern for American businesses in China, of which many are cutting compensation and bonuses amid the fallout of the Covid-19 epidemic, according to a report from a business group. Ninety per cent of the 100 or so respondents said they were...

Travel disruptions, cost cutting key issues for US business in China: report

Global travel disruptions are the top concern for American businesses in China, of which many are cutting compensation and bonuses amid the ...

Travel disruptions, cost-cutting key issues for US business in China: Report

Global travel disruptions are the top concern for American businesses in China, of which many are cutting compensation and bonuses amid the ...

Travel disruptions, cost cutting key issues for U.S. business in China: report

BEIJING (Reuters) - Global travel disruptions are the top concern for American businesses in China, of which many are cutting compensation and bonuses amid the fallout of the COVID-19 epidemic, according to a report from a business group.

Travel disruptions, cost cutting key issues for U.S. business in China: report

Travel disruptions, cost cutting key issues for U.S. business in China: report

GDP numbers a telling commentary of BJP’s economic management, says Congress

Former Union minister Jairam Ramesh alleged that Prime Minister Narendra Modi was in denial mode.

Low Q4 growth telling commentary on economic mismanagement of BJP govt: Chidambaram

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

Low Q4 growth telling commentary on economic mismanagement of BJP govt: P Chidambaram

"Remember, this is pre-lockdown. Of the 91 days of Q4, lockdown applied to only 7 days," the former finance minister said.

GDP data: Yet another huge knock for Modi govt's economic growth story

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

Low Q4 growth telling commentary on economic mismanagement of BJP govt: Chidambaram

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

Low Q4 growth telling commentary on economic mismanagement of BJP govt: Chidambaram

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

Will the US soon treat Hong Kong like china? Much is at stake

Hong Kong risks becoming collateral damage in the growing rivalry between China and the United States.

How important is Hong Kong to China as a free finance hub?

China still has extensive capital controls and often intervenes in its financial markets and banking system. Hong Kong is one of the world's most open economies and one of the biggest channels for equity and debt financing.

How important is Hong Kong to China as a free finance hub?

While China has reformed its markets over the years, over 60% of foreign direct investment (FDI) into and out of China continued to be channeled through Hong Kong as of 2018, according to Morgan Stanley.

Explainer: How important is Hong Kong to China as a free finance hub?

HONG KONG (Reuters) - Bankers and investors fear China’s push to impose national security laws on Hong Kong threaten the city’s future as an international financial centre. If it gets to that stage, Beijing’s move will come at a cost for China’s economy.

Explainer: How important is Hong Kong to China as a free finance hub?

Hong Kong is one of the world's most open economies and one of the biggest channels for equity and debt financing

Explainer: How important is Hong Kong to China as a free finance hub?

Explainer: How important is Hong Kong to China as a free finance hub?

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

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

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

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

'Global growth worries, US-China tensions likely to keep crude prices choppy'

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

Asian shares set to dip in choppy trade over worries about worsening US-China ties; dollar slips, oil prices give up gains

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

Uniti Group (UNIT) Presents At Cowen 2020 Technology, Media & Telecom Conference - Slideshow

The following slide deck was published by Uniti Group Inc. in conjunction with this event.

Citizens Financial (CFG) Presents At Deutsche Bank Global Financial Services Conference - Slideshow

The following slide deck was published by Citizens Financial Group, Inc. in conjunction with this event.

Onto Innovation (ONTO) Presents At Cowen Virtual Technology, Media & Telecom Conference - Slideshow

The following slide deck was published by Onto Innovation Inc. in conjunction with this event.

Ribbon Communications (RBBN) Presents At Cowen Virtual Technology, Media & Telecom Conference - Slideshow

The following slide deck was published by Ribbon Communications Inc. in conjunction with this event.

GST Council to meet next month; FinMin not for raising rates on non-essential items

The nationwide lockdown was announced by Prime Minister Narendra Modi on March 24 for 21 days in the first leg in a bid to contain the spread of novel coronavirus.

Govt unlikely to press for hike in GST rates for non-essentials next month

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

GST Council to meet next month; FinMin not for raising rates on non-essential items

If goods and services tax (GST) rates are increased on non-essential items, sources said it will further bring down their demand and impede the overall economic recovery.

GST Council to meet next month; FinMin not for raising rates on non-essential items

Post the lockdown, the demand has to be induced and economic activity has to improve on all fronts, not just on essential items side, they said. However, the decision will be taken by the GST Council headed by the finance minister, according to sources.

GST Council to meet next month; Finance Ministry not in favour of raising rates on non-essential items

The finance ministry is not in favour of increasing goods and services tax rates on non-essential items in the next month's meeting of the GST Council, despite depressed revenue collections due to

Peet’s Coffee IPO Raises $2.5 Billion 

Peet’s Coffee IPO Raises $2.5 Billion 

Coffee maker JDE Peet's shares pop 15% after $17 billion virtual IPO

AMSTERDAM (Reuters) - Shares in coffee maker JDE Peet’s surged 15% in their stock market debut on Friday as investors jumped on the only big European IPO launched during the coronavirus crisis.

Peet's Coffee raises $2.5 billion in an IPO despite the coronavirus pandemic

Peet's Coffee raised $2.5 billion in its initial public offering, one of the largest this year despite the coronavirus pandemic.  The company an...

Coffee maker JDE Peet's IPO wrapped up in just 72 hours: sources

LONDON/PARIS (Reuters) - It took just three days to sell shares in JDE Peet’s JDEP.AS as investors facing a dearth of opportunities because of the coronavirus-induced slow-down rushed to secure a dose of the world’s No. 2 maker of packaged coffee.

As Peet’s Coffee Parent Shares Surge Post IPO, Expect It To Be A Bigger Contender Against Starbucks

The coronavirus pandemic may have shut restaurants and cafes, but it’s not quenched the thirst for coffee: shares of Peet’s Coffee parent JDE Peet's surged 14% on Friday after an initial public offering, likely paving the way for Peet’s to be a bigger challenger against coffee house giant Starbucks.

Magic Leap CEO to step down

Mixed reality headset manufacturer Magic Leap announced founder and CEO Rony Abovitz will leave his ...

Magic Leap CEO Rony Abovitz is stepping down

Magic Leap founder Rony Abovitz confirmed he has raised a new round of funding, and he also announced he will step down as CEO.

Magic Leap CEO Rony Abovitz to step down

Magic Leap is not yet naming a replacement.

Magic Leap CEO Rony Abovitz to Step Down After Company Fails to Deliver

Magic Leap CEO resignation comes weeks after company lays of 1,000 employees and warns of closure without capital injection.

Rony Abovitz confirms Magic Leap's new funding, will step down as CEO

Magic Leap has secured new funding to back its plan in building augmented reality tech for business use, but it will eventually move forward with a new CEO as Rony Abovitz is stepping down.

Debate over extending $600 in jobless aid in United States

 A debate in Congress over whether to extend USD 600 a week in federally provided benefits to the unemployed looks sure to intensify with the number of people receiving the aid now topping 30 million

Debate over $600 in jobless aid to intensify as claims rise

The money, included in a government relief package enacted in March, is set to expire July 31.

Debate over $600 in jobless aid to intensify as claims rise

The money, included in a government relief package enacted in March, is set to expire July 31.

Debate over $600 in jobless aid to intensify as claims rise

The $600 in federal benefits was added as a way to replace all of an average worker’s lost income.

Debate over USD 600 in jobless aid to intensify as claims rise

A debate in Congress over whether to extend USD 600 a week in federally provided benefits to the unemployed looks sure to intensify with the number of people receiving the aid now topping 30 million one in five workers.

The pandemic has tightened Putin's economic grip but spells trouble for the future

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

The pandemic has tightened Putin's economic grip but spells trouble for the future

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

The pandemic has tightened Putin's economic grip but spells trouble for the future

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

Economy needs the support of PSBs, says Union Bank chief

The country’s economy, which has been hit by the Covid-19 outbreak, needs support from the public sector banks (PSBs) to boost credit growth, said an official on Friday. The number of PSBs has come d

Economy needs support from PSBs: Union Bank chief

Speaking at a webinar session organised by the BCCI, Rai said that there will be a shift of credit growth in favour of the PSBs, adding that depositors will expect an interest rate of 5.5 per cent.

Impact of Coronavirus (COVID-19) Lockdown Economy Needs Support From PSBs, Says Union Bank Chief

The country’s economy, which has been hit by the COVID-19 outbreak, needs support from the public sector banks (PSBs) to … Impact of Coronavirus (COVID-19) Lockdown Economy Needs Support From PSBs, Says Union Bank Chief Read More »

Rupee settles 14 paise higher at 75.62 against US dollar

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

Rupee settles 14 paise higher at 75.62 against US dollar

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

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

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

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

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

Indian rupee settles 14 paise higher at 75.62 against US dollar

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

Rupee rises 7 paise against the US dollar; all eyes on GDP data

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

Rupee appreciates 14 paise to close at 75.62; forex traders say investors await Q4 GDP data

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

Brazil’s Embraer draws foreign interest after Boeing rift, say sources

SAO PAULO, May 29 — Aircraft makers are circling Brazil’s Embraer weeks after Boeing ditched plans for a historic commercial aviation tie-up, people familiar with the matter said. Boeing axed plans to buy 80 per cent of Embraer’s commercial unit in April, ending a planned move into regional...

Brazil’s Embraer drawing foreign interest after collapse of Boeing deal

China’s state-owned COMAC plane maker has voiced informal interest in co-operation with the world’s third-largest jet maker, sources said

Exclusive: Brazil's Embraer draws foreign interest after Boeing rift - sources

Aircraft makers are circling Brazil's Embraer weeks after Boeing ditched plans for a historic commercial aviation tie-up, people familiar with ...

Exclusive: Brazil's Embraer draws foreign interest after Boeing rift - sources

Exclusive: Brazil's Embraer draws foreign interest after Boeing rift - sources

Saudi Arabia Moved $40 Billion in Reserves to Sovereign Fund

Saudi Arabia transferred 150 billion riyals ($40 billion) from its central bank to its sovereign wealth fund as it went on an investment spree seeking to take advantage of recent market turmoil.

Saudi Arabia moved US$40 billion in reserves to sovereign fund

The move comes as the world’s largest crude exporter faces exceptional fiscal pressure from a crash in global oil markets.

Saudi Arabia transfers $40bn to back wealth fund’s spending spree

Finance minister confirms move as kingdom seeks to scoop up foreign assets at depressed prices

Saudi Arabia says it provided $40 billion to PIF from foreign reserves

Saudi Arabia says it provided $40 billion to PIF from foreign reserves

Madras High Court issues notices to Franklin Templeton MF, Sebi

Last month, Franklin Templeton had closed six debt funds.

Madras High Court slaps notices to Franklin Templeton MF, Sebi, says Investors Group

Madras High Court Issues Notices To Franklin Templeton, SEBI: Investors Group

Chennai Financial Markets and Accountability group is also launching an online petition to bring together all affected investors.

Madras High Court issues notices to Franklin Templeton MF, Sebi: Investors Group

It further said mutual funds and the fund managers should be made to answer questions on their choice of investment, and compliance with regulatory and prudential norms, among others.

Forex reserves soar to record high of $490.04 billion

The country's foreign exchange reserves swelled by USD 3.005 billion to a lifetime high of USD 490.044 billion in the week to May 22, mainly on account of a rise in foreign currency assets, RBI data

India's forex reserves soar to record high of $490.04 billion

Foreign currency assets (FCA), a major component of the overall reserves, increased by $3.035 billion to $451.706 billion in the reporting week, Reserve Bank of India (RBI) data showed.

Foreign Exchange Reserves Soar To Record High Of $490.04 Billion

The country's foreign exchange reserves swelled by $3.005 billion to a lifetime high of $490.044 billion in the week to May 22.

Forex reserves soar to lifetime high of $490 billion, shows RBI data

In the previous week, the reserves had increased by $1.726 billion to $487.04 billion.

Qatar denies Gulf bloc exit rumors

Qatar denied on Thursday that it plans to quit the Gulf Cooperation Council as it prepares to mark three years of isolation led by the regional bloc's heavyweight Saudi Arabia.

Qatar denies Gulf bloc exit rumours

DOHA, May 29 — Qatar denied yesterday that it plans to quit the Gulf Cooperation Council as it prepares to mark three years of isolation led by the regional bloc's heavyweight Saudi Arabia. However, the gas-rich state cautioned that the effort by three of the GCC's six members to isolate Doha...

Qatar denies Gulf bloc exit rumours

Middle East News: Qatar denied on Thursday that it plans to quit the Gulf Cooperation Council as it prepares to mark three years of isolation led by the regional bloc's

Qatar Denies Gulf Bloc Exit Rumours On Third Year Of "Illegal Blockade"

Qatar denied on Thursday that it plans to quit the Gulf Cooperation Council as it prepares to mark three years of isolation led by the regional bloc's heavyweight Saudi Arabia.

Council may find it difficult to raise GST rates

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

Council may find it difficult to raise GST rates

IANS New Delhi The GST Council is unlikely to make major changes in the indirect tax structure at its next meeting slated mid June. A top government so

Council may find it difficult to raise GST rates

IANS New Delhi The GST Council is unlikely to make major changes in the indirect tax structure at its next meeting slated mid June. A top government so

GST Council may find it difficult to raise GST rates

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

RBI imposes Rs 4 crore penalty on Citibank

In a release, RBI said the penalty has been imposed on Citibank NA for contravention of certain sections of the Banking Regulation Act and for non-compliance with directions.

RBI imposes Rs 4 crore penalty on Citibank

India Business News: MUMBAI: The Reserve Bank has imposed a penalty of Rs 4 crore on Citibank for non-compliance with various regulatory norms and directions of the centra.

RBI imposes Rs 4 crore penalty on Citibank; here’s why

The RBI has also imposed penalty on three co-operative banks for non-compliance with various directions issued by it.

RBI Imposes Rs 4 Crore Penalty On Citibank Over Non-Compliance Of Regulations

The action will not affect the bank's customers, RBI clarified

Dow Jones retreats ahead of Trump's response on Hong Kong

The Dow Jones Industrial Average was down 269.88 points, or 1.06 per cent, at 25,130.76.

Wall Street retreats ahead of Trump's response on Hong Kong

Wall Street's main indexes fell on Friday as investors were on edge ahead of a U.S. response to China's national security law on Hong Kong that ...

Wall Street retreats ahead of Trump's response on Hong Kong

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

S&P, Dow Jones open lower on jitters over Trump's China response

The Dow Jones Industrial Average fell 76.49 points, or 0.30 percent, at the open to 25,324.15, and the S&P 500 opened lower by 4.56 points, or 0.15 percent, at 3,025.17.

Centre will soon decide on opening shops in malls: Goyal

‘MSME schemes, including credit guarantee programme, covers traders also’

Decision to open shops in malls soon after taking into account health ministry's guidelines

Issues of retail traders were discussed in a meeting between Commerce and Industry Minister Piyush Goyal on Thursday with representatives of traders associations through video conferencing.

When will shops in malls open? Commerce Ministry clarifies after Piyush Goyal meets traders

Issues of retail traders were discussed in a meeting between Commerce and Industry Minister Piyush Goyal on Thursday with representatives of traders associations through video conferencing.

No need to feel threatened by e-commerce firms: Goyal tells traders

Lockdown 5.0: Union Commerce Minister also stated the Aatmanirbhar Bharat package that provided credit guarantee worth Rs 3 lakh crore for MSMEs also included traders

UK business confidence matches 2008 low in May - Lloyds Bank

LONDON — British business confidence fell to its lowest since the 2008 financial crisis in May, according to a survey for Lloyds Bank which contrasts with other surveys which have shown a small improvement since the initial shock of the coronavirus lockdown.

UK business confidence at its lowest since December 2008

New survey shows their confidence at new depths, while fear of job losses soar

UK business morale deteriorates to 2008 low in May – Lloyds Bank

According to the latest survey conducted for Lloyds Bank, the UK business confidence hit its lowest since the 2008 Global Financial Crisis (GFC) due t

UK Business Confidence Lowest Since 2008 Despite Easing of Lockdown, Top Bank's Survey Finds

The UK government has announced a lockdown exit strategy that will allow most businesses to reopen throughout the summer, but the number of firms that anticipate laying...

Argentina knocks back new debt proposal but says talks progressing

BUENOS AIRES — Argentina knocked back a new debt restructuring proposal from key creditor groups on Thursday as insufficient, but said the offer showed progress was being made toward striking a deal.

Argentina knocks back new debt proposal but says talks progressing

BUENOS AIRES — Argentina knocked back a new debt restructuring proposal from key creditor groups on Thursday as insufficient, but said the offer showed progress was being made toward striking a deal.

Argentina says new debt revamp proposal in right direction, still falls short

Argentina's economy minister said on Friday that a newly received debt restructuring proposal from two creditor groups was a step in the right ...

Exclusive: Argentina says new debt revamp proposal in right direction, still falls short

Argentina's economy minister said on Friday that a newly received debt restructuring proposal from two creditor groups was a step in the right ...

Samsung’s Blockchain Wallet Integrates With Gemini Crypto Exchange

Gemini, the crypto asset exchange founded by the Winklevoss Twins, has become the first exchange to partner with Samsung, the companies announced on Thursday. S

Samsung Blockchain Wallet Gets Gemini Integration In North America

Samsung has partnered with US-based cryptocurrency exchange Gemini to integrate the latter's services with its Blockchain KeyStore Wallet.

Gemini Exchange Brings Crypto Trading to Over 4 Million Samsung Users in U.S., Canada

Winklevoss brothers-backed Gemini cryptocurrency exchange has inked a partnership with South Korean multinational conglomerate Samsung Electronics Co. Per the terms of the partnership, as reported by Bloomberg on May 28, 2020, Gemini’s app will integrate with Samsung’s blockchain wallet to allow users to trade and store digital assets on mobile phones.

Cryptocurrency Exchange & Custodian Gemini Announces New Partnership With Samsung

Gemini Trust Company, LLC (Gemini), a cryptocurrency exchange and custodian, announced on Thursday it is collaborating with Samsung Electronics to power the Sam

Fashion retailer PAS Group goes into administration

The company behind names like Review and JETS Swimwear has hoisted the white flag leaving 225 stores and 1300 staff in limbo.

Fashion retailer PAS group goes into voluntary administration

Australia's retail climate has claimed another scalp with the owner of fashion brands Review, Black Pepper and Yarra Trail sinking in to administration.

Fears for several fashion stores after PAS Group enters voluntary administration

PAS Group, which owns a number of big name fashion brands including Review and Jets Swimwear, has entered voluntary administration. The company announced the news in a release to the ASX on Friday…

Australian clothing retailer PAS Group enters voluntary administration

Australian clothing retailer PAS Group Ltd on Friday said it had entered voluntary administration to review its operations, citing the tough financial market conditions and the crisis caused by the coronavirus pandemic.

Covid-19 crisis to trigger 20% fall in FDI

The State is now in eighth spot in a ranking of most attractive European locations for FDI

Covid-19 crisis to cause FDI investment to the Republic to fall by 20% this year

The State is now in eighth spot in a ranking of most attractive European locations for FDI

Consumer discretionary stocks in the spotlight as U.S. economy reopens

A gradual lifting of lockdowns in some states has stirred hopes for a bounce back for the retailers that make up much of the sector

Wall Street Week Ahead: Investors eye consumer discretionary stocks as US reopens

Investors are taking a closer look at the market's consumer discretionary companies as a reopening U.S. economy fuels hopes of a turnaround for ...

Lupin’s Q4 net profit rises 35 per cent 

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

Lupin Q4 results: Net profit rises 35% to Rs 390 crore

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

RCF Q4 profit jumps nearly 3-fold at Rs 142 crore

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

RCF Q4 results: Profit jumps nearly 3-fold at Rs 142 crore

Its net profit stood at Rs 47.16 crore in the year-ago period, the company said in a regulatory filing.

Lupin Q4 results: Consolidated net profit rises 35% to Rs 390 cr; income from operations marginally down

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

Belfast International Airport announces voluntary redundancy programme

It is estimated to lose 45 employees out of a total workforce of 195 due to ‘devastating’ impact of the pandemic on air travel.

Belfast International Airport announces voluntary redundancy programme

It is estimated to lose 45 employees out of a total workforce of 195 due to ‘devastating’ impact of the pandemic on air travel.

Belfast International Airport announces voluntary redundancy programme

It is estimated to lose 45 employees out of a total workforce of 195 due to ‘devastating’ impact of the pandemic on air travel.

With 'Main Street' in view, Fed weighs risks of job, productivity shocks

WASHINGTON (Reuters) - U.S. Federal Reserve officials have talked broadly about helping households and firms through the current economic crisis and quickly unleashed trillions of dollars in cash and credit guarantees to build a “bridge” to the post-pandemic world.

With 'Main Street' in view, Fed weighs risks of job, productivity shocks

U.S. Federal Reserve officials have talked broadly about helping households and firms through the current economic crisis and quickly unleashed ...

With 'Main Street' in view, Fed weighs risks of job, productivity shocks

With 'Main Street' in view, Fed weighs risks of job, productivity shocks

Market Wrap: all the leasing and sales activities in and around Sydney

Leasing activity has been close to the city while key sales were recorded in Manly, Parramatta and Kings Park.

Market Wrap: all the leasing and sales activities in and around Sydney

Leasing activity has been close to the city while key sales were recorded in Manly, Parramatta and Kings Park.

Market Wrap: all the leasing and sales activities in and around Sydney

Leasing activity has been close to the city while key sales were recorded in Manly, Parramatta and Kings Park.

What do the new furlough rules mean for workers and businesses?

Chancellor Rishi Sunak has announced several changes to the furlough scheme.

New self-employment grant and furlough details: What does it all mean?

Businesses will need to start contributing to furloughed wages and the self-employed can apply for a new grant from August.

New self-employment grant and furlough details: What does it all mean?

Businesses will need to start contributing to furloughed wages and the self-employed can apply for a new grant from August.

JCPenney to begin reopening stores after declaring bankruptcy

The clothing retailer shut down brick-and-mortar locations due to COVID-19, but now as the U.S. begins to reopen, they plan to begin opening their stores.

JCPenney to begin reopening stores after declaring bankruptcy

The clothing retailer shut down brick-and-mortar locations due to COVID-19, but now as the U.S. begins to reopen, they plan to begin opening their stores.

JCPenney to begin reopening stores after declaring bankruptcy

The clothing retailer shut down brick-and-mortar locations due to COVID-19, but now as the U.S. begins to reopen, they plan to begin opening their stores.

JobKeeper buck stops with Treasury boss

Steven Kennedy is ultimately responsible for the biggest policy costing discrepancy in Australian history.

JobKeeper buck stops with Treasury boss

Steven Kennedy is ultimately responsible for the biggest policy costing discrepancy in Australian history.

JobKeeper buck stops with Treasury boss

Steven Kennedy is ultimately responsible for the biggest policy costing discrepancy in Australian history.

Waqar Younis quits social media, says account was hacked

Waqar Younis Quits Social Media After Hacker Likes Obscene Video From His Twitter Handle

Waqar Younis said he was forced to quit the platform after his account was repeatedly hacked in the past.

Someone hacked my Twitter account, liked obscene video: Waqar Younis says he will delete social media accounts

Am obscene video was liked from Twitter account of former Pakistan's pacer Waqar Younis. Waqar gave clarification on this and said that he will not be seen on social media again.

Diane Dodds – Furlough changes incredibly difficult for some firms in NI

Around 200,000 people have taken part in an unprecedented official initiative to save jobs during the lockdown.

Diane Dodds – Furlough changes incredibly difficult for some firms in NI

Around 200,000 people have taken part in an unprecedented official initiative to save jobs during the lockdown.

Diane Dodds – Furlough changes incredibly difficult for some firms in NI

Around 200,000 people have taken part in an unprecedented official initiative to save jobs during the lockdown.

Financial sector weighs on Toronto, U.S. stock markets mixed in early trading

TORONTO — Canada's main stock index fell in early trading as losses in the heavyweight financial sector offset gains by materials stocks. The S&P/TSX composite index was down 63.98 points at 15,198.75.

Financial sector weighs on Toronto, U.S. stock markets mixed in early trading

Canada's main stock index fell in early trading as losses in the heavyweight financial sector offset gains by materials stocks.

Financial sector weighs on S&P/TSX composite, U.S. stock markets down

Losses in the financial sector helped weigh down Canada's main stock index in late-morning trading as it posted a triple-digit decline, while U.S. stock markets also moved lower.

Universal Orlando plans to reopen resort hotels on June 2

ORLANDO, Fla. - Universal Orlando plans to reopen its hotels to guests on June 2, more than two months after they were closed to help prevent the spread of

Universal Orlando plans to reopen resort hotels on June 2

Universal Orlando plans to reopen its hotels to guests on June 2, more than two months after they were closed to help prevent the spread of the coronavirus.

Universal Orlando plans to reopen resort hotels on June 2

ORLANDO, Fla. (AP) — Universal Orlando plans to reopen its hotels to guests on June 2, more than two months after they were closed to...

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

In the past two financial years, FDI from Singapore has surpassed that from Mauritius

Singapore top source of FDI in FY20 with investments worth $14.67 billion

According to experts, Singapore has been able to outpace Mauritius with its ease of doing business policies, simplified tax regime and a large number of private investors.

Singapore top source of FDI in FY20 with investments worth $14.67 billion

In the last financial year, India attracted USD 14.67 billion in FDI from Singapore, whereas it was USD 8.24 billion from Mauritius, according to the data of the Department for Promotion of Industry and Internal Trade (DPIIT).

Turkey says may begin oil exploration under Libya deal in 3-4 months

ANKARA: Turkey may begin oil exploration in the eastern Mediterranean within three or four months under a deal it signed with Libya that was condemned by others in the region including Greece, Energy Minister Fatih Donmez said on Friday. Libya’s internationally-recognized Government of National Accord (GNA) signed the maritime delimitation deal last year. Turkey says it

Turkey says may begin oil exploration under Libya deal in three-four months

ANKARA (Reuters) - Turkey may begin oil exploration in the eastern Mediterranean within three or four months under a deal it signed with Libya that was condemned by others in the region including Greece, Energy Minister Fatih Donmez said on Friday.

Turkey says may begin oil exploration under Libya deal in three-four months

Turkey may begin oil exploration in the eastern Mediterranean within three or four months under a deal it signed with Libya that was condemned by others in the region including Greece, Energy Minister Fatih Donmez said on Friday. Libya's internationally-recognised Government of National Accord (

Indians to skip border trade with China through Lipulekh pass this year

Indian traders have decided not to do trade with China through Lipulekh pass this year as a precaution against COVID-19. They conveyed their unwillingness to participate in the annual exercise during a preparatory meeting. Officials said there has been no word so far from the Centre as well on border trade as the lockdown against coronavirus continues.

Indians to skip border trade with China through Lipulekh pass this year

Officials said there has been no word so far from the Centre as well on border trade as the lockdown against coronavirus continues.

Coronavirus | Indians to skip border trade with China through Lipulekh pass this year

There has been no word so far from the Centre on the issue, say officials.

Amazon in talks for new office despite pandemic

Amazon.com Inc. is in talks to rent an office block in Dublin with space for about 750 workers, according to a person familiar with the matter.

Amazon in talks for new Dublin office even as virus hits

Amazon.com Inc. is in talks to rent an office block in Dublin with space for about 750 workers, according to a person familiar with the matter.

Amazon in talks for new 750-worker Dublin office despite virus

Amazon is in talks to rent an office block in Dublin with space for about 750 workers.

Russia's Rosneft finds extended oil cuts painful: Sources

Rosneft has told the energy ministry it would be difficult to maintain cuts to the end of the year, as it has had to cut shipments to major buyers, such as Glencore and Trafigura, despite good demand, two sources close to the talks said on condition of anonymity.

Exclusive: Russia's Rosneft finds extended oil cuts painful - sources

Rosneft does not have enough crude to ship to buyers with which it has long-term supply deals, making it hard for the Russian company to continue ...

Exclusive: Russia's Rosneft finds extended oil cuts painful - sources

Exclusive: Russia's Rosneft finds extended oil cuts painful - sources

We must create more jobs, not give extra money to public servants

Public sector pay rises in the middle of a global pandemic do not benefit the 8 million people of NSW, many of whom are suffering right now.

We must create more jobs, not give extra money to public servants

Public sector pay rises in the middle of a global pandemic do not benefit the 8 million people of NSW, many of whom are suffering right now.

We must create more jobs, not give extra money to public servants

Public sector pay rises in the middle of a global pandemic do not benefit the 8 million people of NSW, many of whom are suffering right now.

No decision taken on setting up bad bank: FinMin official

Last month, the government decided to put restriction on foreign direct investment (FDI) to clamp down on the investor from China to buy Indian companies cheap.

No decision taken on setting up bad bank: Finance Ministry official

Even the Economic Survey 2017 had proposed this idea, suggesting the creation of a bad bank called Public Sector Asset Rehabilitation Agency (PARA) to help tide over the problem of stressed assets.

No decision taken on setting up bad bank: Finance Minister official

The finance ministry on Friday said there is no decision taken on the proposal of setting up of a government-sponsored bad bank to help ease pressure on lenders with regard to non-performing assets

Google Withdraws Offers To More Than 2,000 Contract Workers

More than 2,000 people who had signed employment agreements with Google as temp and contract workers have had their offers rescinded.

Google Leaves Thousands of Contractors Hanging as it Rescinds Promised Job Offers

Big tech companies haven’t been immune to the economic challenges of the global pandemic, but those hardships haven’t been borne equally. A New York Times report reveals that while Google has recently added some perks for full-time staff to make working from home easier, it’s also rescinded job offers for “several thousand” temporary and contract workers.

Google has rescinded thousands of job offers to temporary and contract workers, as the company continues to feel the sting of the pandemic

In its latest cost-cutting measure, Google has reportedly rescinded job offers to more than 2,000 contractors who were preparing to join the company.

Buy Orient Cement target of Rs 65: Anand Rathi

Anand Rathi is bullish on Orient Cement has recommended buy rating on the stock with a target price of Rs 65 in its research report dated May 28, 2020.

Buy Federal Bank target of Rs 55: Anand Rathi

Anand Rathi is bullish on Federal Bank has recommended buy rating on the stock with a target price of Rs 55 in its research report dated May 29, 2020.

Buy Aditya Birla Fashion and Retail target of Rs 137: Anand Rathi

Anand Rathi is bullish on Aditya Birla Fashion and Retail has recommended buy rating on the stock with a target price of Rs 137 in its research report dated May 28, 2020.

Stick or twist? Investors face coronavirus-induced property dilemma

LONDON (Reuters) - The coronavirus pandemic has emptied offices and shuttered shops but filled warehouses and highlighted demand for work-from-home spaces, leaving investors wondering if they should flee real estate or double down on their bets.

Stick or twist? Investors face coronavirus-induced property dilemma

Property has long been a staple of a balanced investment portfolio, favoured by pension funds and insurers seeking assets that combine capital value growth offered by stocks with secure income akin to bonds.

Stick or twist? Investors in virus-induced property dilemma

LONDON: The coronavirus pandemic has emptied offices and shuttered shops but filled warehouses and highlighted demand for work-from-home spaces, leaving investors wondering if they should flee real estate or double down on their bets. Property has long been a staple of a balanced investment portfolio, favored by pension funds and insurers seeking assets that combine capital

SoftBank Vision Fund CEO Gets 113% Pay Raise Despite Massive Losses

The Vision Fund chief saw his salary more than double despite historic losses at the Japanese tech group.

SoftBank investment chief given 113% pay rise despite Vision Fund woes

Ex-Deutsche trader Rajeev Misra earns $15m even after historic losses at Japanese tech group

SoftBank Vision Fund head's pay doubled last year despite massive losses

SoftBank Vision Fund's head, Rajeev Misra, saw his total pay for the past business year more than double to roughly $15 million, even as the fund's under-performance pushed SoftBank to a record operating loss of some $13 billion.

Buy the Post-Earnings Dip in Canopy Growth Stock Now

Canopy Growth's fourth-quarter earnings report was not good. But the big-picture trends remain favorable, and CGC stock will bounce back.

Canopy Growth Stock Is Still Among the Most Compelling Marijuana Plays

CGC stock is well-positioned to become a leader in the cannabis industry with its steady partnership with a beverage industry giant.

Canopy Growth Earnings: CGC Stock Crashes 19% On Losses, Charges

Canopy Growth earnings has CGC stock taking a beating on Friday after the company reported major losses in multiple areas during the quarter.

Newmark Capital tipped as buyer of $120m David Jones store

Melbourne-based Newmark Capital has started the ball rolling in post COVID-19 retail property deals.

Newmark Capital tipped as buyer of $120m David Jones store

Melbourne-based Newmark Capital has started the ball rolling in post COVID-19 retail property deals.

Newmark Capital tipped as buyer of $120m David Jones store

Melbourne-based Newmark Capital has started the ball rolling in post COVID-19 retail property deals.

Oil falls but remains set for biggest monthly gain in years

LONDON: Oil prices were dragged sharply lower on Friday by weak US fuel demand, fears of a second wave of coronavirus cases in South Korea and a worsening in US-China relations, but were still on track for a hefty monthly gain. July Brent crude fell 72 cents, or 2 percent, to $34.57 a barrel by midday in London. US West Texas Intermediate (WTI) crude was down 83 cents, or 2.5

Crude oil prices fall but remains set for biggest monthly gain in years

US West Texas Intermediate (WTI) crude was down $1.28, or 3.8 per cent, at $32.43.

Oil falls but set to post biggest monthly rise in years on output cuts

Brent crude slipped 43 cents, or 1.2%, to $34.86 a barrel by 0643 GMT and US West Texas Intermediate (WTI) crude was at $33.14 a barrel, down 57 cents, or 1.7%.

Urban co-operative banks seek guarantee cover for their MSME borrowers

UCBs' outstanding loans to MSMEs amount to Rs 82,000 crore

Give us too the benefit of credit guarantee scheme: urban co-op banks to FM

UCBs are financially sound and are a key funding source for MSMEs, says petition

Credit guarantee scheme: No immediate 100% payments to banks if MSMEs default

On the face of it, the guarantee scheme is a great deal for banks as there is no risk of losing money. But in reality, it is going to be a tough task for banks to get the full guaranteed amount from the guarantee corporation

Young’s says it expects ‘lower sales’ when customers return to pubs

The London-based pub company said it will not pay shareholders a dividend for the past year.

Young’s says it expects ‘lower sales’ when customers return to pubs

The London-based pub company said it will not pay shareholders a dividend for the past year.

Young’s says it expects ‘lower sales’ when customers return to pubs

The London-based pub company said it will not pay shareholders a dividend for the past year.

Japan factory output and retail sales slump as pandemic hits autos

Official data Friday showed factory output slipped 9.1 percent in April from the previous month.

Pandemic's hit to Japan's factory, retail sectors deeper than expected

TOKYO — Japan’s April factory output fell at a much faster-than-expected pace and retail sales tumbled the most in more than two decades as a coronavirus-triggered state of emergency dealt a heavy blow to the economy.

Pandemic hit to Japan's factory, retail sectors deeper than expected; jobless rate up to 2.6%

Japan's April factory output fell at a much faster-than-expected pace and retail sales tumbled the most in more than two decades as a coronavirus-triggered state of emergency dealt a heavy blow to the economy. Global activity ground to a halt in April as government-imposed lockdowns due to the pandemic disrupted…

Independent schools to overtake Catholic system as second-biggest sector in NSW

Independently-run schools are the fastest-growing sector in NSW, thanks in part to a boom in Islamic colleges.

Independent schools to overtake Catholic system as second-biggest sector in NSW

Independently-run schools are the fastest-growing sector in NSW, thanks in part to a boom in Islamic colleges.

Independent schools to overtake Catholic system as second-biggest sector in NSW

Independently-run schools are the fastest-growing sector in NSW, thanks in part to a boom in Islamic colleges.

Delhi HC directs RBI, PMC Bank to consider needs of depositors

Delhi HC directs RBI, PMC Bank to consider needs of depositors: Delhi High Court has directed the Reserve Bank of India (RBI), Punjab Maharashtra Cooperative Bank, and other respondents to consider the needs of the depositors during the coronavirus-induced lockdown.. Get all latest entertainment & viral stories on english.lokmat.com

Appreciate difficulties of PMC bank depositors on moratorium on withdrawals, Delhi HC to Centre, RBI

A bench of Chief Justice D N Patel and Justice Prateek Jalan said upon receipt of any representation from any individual or group of depositors in this regard,

Appreciate difficulties of PMC Bank depositors on moratorium on withdrawals: HC to Centre, RBI

Activist Bejon Kumar Misra filed the petition seeking directions to RBI to ease out the moratorium for withdrawal of deposited money of depositors from PMC Bank during the pandemic

Record-breaking spring sunshine boosts British strawberry crop

Tesco berry buyer Laura Mitchell said the good weather has resulted in ‘exceptionally good quality and sweet strawberries’.

Record-breaking spring sunshine boosts British strawberry crop

Tesco berry buyer Laura Mitchell said the good weather has resulted in ‘exceptionally good quality and sweet strawberries’.

Record-breaking spring sunshine boosts British strawberry crop

Tesco berry buyer Laura Mitchell said the good weather has resulted in ‘exceptionally good quality and sweet strawberries’.

Dollar bides time, yuan falls before Trump takes stage on China

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

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

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

Yen perks up, dollar sags as markets jittery before Trump speaks on China

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

SoftBank leads $500 million fundraising for Didi's self-driving unit

BEIJING/SHANGHAI (Reuters) - China’s Didi Chuxing said on Friday it had completed a fundraising round of over $500 million for its autonomous driving subsidiary that was led by SoftBank Group’s (9984.T) Vision Fund 2.

SoftBank leads US$500 million fundraising for Didi's self-driving unit

China's Didi Chuxing said on Friday it had completed a fundraising round of over US$500 million for its autonomous driving subsidiary that was led ...

China's Didi Chuxing raises over $500 million for autonomous driving unit

The ridehailing giant said the round was led by SoftBank Vision Fund 2 and marks the first time Didi's autonomous driving business has brought in external funding since it was established.

OPEC delivers three quarters of record oil cut in May: survey

OPEC oil output hit the lowest in two decades in May as Saudi Arabia and other members started to deliver a record supply cut, a Reuters survey ...

OPEC delivers three quarters of record oil cut in May: survey

LONDON (Reuters) - OPEC oil output hit the lowest in two decades in May as Saudi Arabia and other members started to deliver a record supply cut, a Reuters survey found, although Nigeria and Iraq are laggards in making their share of the reduction.

OPEC delivers three quarters of record oil cut in May: Survey

OPEC oil output hit the lowest in two decades in May as Saudi Arabia and other members started to deliver a record supply cut, a Reuters survey ...

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

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

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

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

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

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

UK weather forecast – Temperatures plummet next week with rain set to wreck 28C heatwave as storms barrel into Britain

A DOWNPOUR is set to bring an end to the UK’s 28C heatwave with rainfall covering much of the country next week. The showers are expected to hit northern regions at the beginning of the week, befor…

UK weather forecast – Last weekend of 28C heatwave in UK as rainstorms and colder temperature set to hit most of Britain

THE UK’s been enjoying the 28C heatwave, but it’s set to come to an end next week, with rainfall covering much of the country.  These showers are expected to hit northern regions at the…

UK weather forecast – Last weekend of 28C heatwave in UK as rainstorms and colder temperature set to hit most of Britain

THE UK’s been enjoying the 28C heatwave, but it’s set to come to an end next week, with rainfall covering much of the country.  These showers are expected to hit northern regions at the…

Reality check for hot city fringe office markets

Vacancy in city fringe office markets is expected to almost double by the end of next year.

Reality check for hot city fringe office markets

Vacancy in city fringe office markets is expected to almost double by the end of next year.

Reality check for hot city fringe office markets

Vacancy in city fringe office markets is expected to almost double by the end of next year.

Buy Sun Pharmaceutical Industries; target of Rs 540: ICICI Direct

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

Buy Radico Khaitan; target of Rs 400: ICICI Direct

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

Buy Kewal Kiran Clothing; target of Rs 820: ICICI Direct

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

Redcape Hotel to reopen pubs as restrictions taper off

Listed pub group Redcape says its primed to reopen its doors on Monday, with new-look properties and changes to how it serves customers in the post-pandemic era.

Redcape Hotel to reopen pubs as restrictions taper off

Listed pub group Redcape says its primed to reopen its doors on Monday, with new-look properties and changes to how it serves customers in the post-pandemic era.

Redcape Hotel to reopen pubs as restrictions taper off

Listed pub group Redcape says its primed to reopen its doors on Monday, with new-look properties and changes to how it serves customers in the post-pandemic era.

Renault poised to announce 15,000 lay offs worldwide

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

Renault poised to announce 15,000 layoffs worldwide

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

Renault poised to announce 15,000 layoffs worldwide: union

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

NZD/USD: Resistance at 0.6216/39 ideally contains the fresh move higher – Credit Suisse

NZD/USD stays capped for now by the ‘neckline’ to the 2015/2020 ‘triangle’ at 0.6216 and the 78.6% retracement of the February/March 2020 fall at 0.62

EUR/USD: The trend turns higher with resistance seen at 1.1145/66 and ultimately at 1.1369 – Credit Suisse

EUR/USD has seen a conclusive break above key 200-day average/price resistance at 1.1009/19 to turn the core trend higher, with resistance seen at 1.1

AUD/USD: The key resistance area at 0.6658/6706 continues to cap any attempt to break higher – Credit Suisse

AUD/USD is seeing a further attempt to break above the pivotal resistance zone at 0.6658/6706, which ideally continues to cap, according to analysts a

Renowned astrologer Bejan Daruwalla passes away

Daruwalla, known for his newspaper columns on astrology, was 90. Apollo Hospital here confirmed that Daruwalla died during treatment.

Renowned Astrologer Bejan Daruwalla passes away

Renowned Astrologer Bejan Daruwalla passed away on Friday evening. Gujarat Chief Minister Vijay Rupani took to Twitter to offer his condolences. He wrote, "Saddened by the demise of renowned Astrologer Bejan Daruwalla. I pray for the departed soul. My condolences. Om Shanti..

Astrologer Bejan Daruwalla dies, son denies he contracted Covid-19

Daruwalla died at a private hospital here on Friday evening, his family said.

Price crash: NNPC targets $10 oil production cost

’Femi Asu The Nigerian National Petroleum Corporation has said it is looking to drive down the cost of producing a barrel of crude oil to $10 and below in oilfields across the country. The Group ...

NNPC sets $10 oil production cost target by 2021 - Premium Times Nigeria

With its current unit cost between $9 and $22 per barrel, the NNPC says it has set an oil production cost target ceiling of $10 per barrel by 2021.

NNPC plans $10 crude production cost - Latest Nigeria News, Nigerian Newspapers, Politics

The Nigerian National Petroleum Corporation (NNPC) has commenced plans to crash oil production cost to $10 per barrel.....

Peru secures US$11b credit line from IMF

WASHINGTON, May 29 — Peru has secured a two-year, US$11 billion (RM48 billion) credit line from the IMF as the South American nation battles the growing impact of the coronavirus pandemic. The Flexible Credit Line, which the IMF announced late yesterday, is a renewable funding mechanism granted...

Chile, Peru secure credit lines from IMF amid pandemic

(UPDATED) The International Monetary Fund grants Chile a $24-billion credit line and Peru an $11-billion credit line, both for two years

Chile, Peru secure credit lines from IMF amid pandemic

The IMF approved a two-year $24 billion credit line for Chile on Friday as the South American nation battles the growing impact of the coronavirus pandemic.

What is the Covid Alert Levels system?

The Covid Alert Levels system is similar to that used to establish the terrorist threat and will be run by a new Joint Biosecurity Centre.

What is the Covid Alert Levels system?

The Covid Alert Levels system is similar to that used to establish the terrorist threat and will be run by a new Joint Biosecurity Centre.

What is the Covid Alert Levels system?

The Covid Alert Levels system is similar to that used to establish the terrorist threat and will be run by a new Joint Biosecurity Centre.

Gold price dips marginally to Rs 46,929, silver gains

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

Gold price today: Rs 46,995 per 10 gram; silver at Rs 47,905 per kg

Gold price today: The price of 22-carat gold is about Rs 45,600 in New Delhi per 10 gram while in Chennai, the price is at Rs 44,310

Gold and silver rates today spikes up in Bangalore, Hyderabad, Kerala, Vizag - 29 May 2020

Gold and silver rates today 29 May 2020 : Gold rates, which have seen a decline till Thursday have rose by a maximum amount in Friday.

Petrol, Diesel To Get Costlier From Jun 01

The petrol as well as the diesel is set to become costlier in Jammu and Kashmir as the government on Friday announced new tax

Petrol and diesel to be costlier

JAMMU, May 29: Government today increased the rate of tax on sale of petrol and diesel in J&K by Rs. 2 per litre and Rs 1 per litre respectively. The new rates will be effective from June 1, 2020. The tax increase on petrol and diesel in J&K follows a similar move by the neighbouring states of Punjab, Haryana and Delhi last month. Himachal Pradesh has also enhanced rates on the sale of diesel and petrol effective from 1st June 2020. A notification issued by FC Finance Department in this regard reads “In exercise of the powers conferred by Section 3 and 3 A of the Jammu and Kashmir Motor Spirit and Diesel Oil (Taxation of Sale) Act Samvat 2005 and in supersession of all the previous notifications on the subject, the Government hereby direct that tax and surcharge on sale of Motor Spirit (Petrol) and Diesel Oil shall be levied at the rate of 24% minus Rs 0.50/ litre and Rs 5 per Litre surcharge (Motor Spirit-Petrol) and 16% rate of Tax and Surcharge of Rs. 1.5 per litre (Diesel Oil), respectively.

Petrol price up by Rs.2, Diesel by Re. 1 from Jun 01

Petrol price up by Rs.2, Diesel by Re. 1 from Jun 01 JAMMU, MAY 28- Government today increased the rate of tax on sale of petrol and diesel in J&K by Rs. 2 per litre and Rs 1 per litre respectively. The new rates will be effective from Ist June 2020. The tax increase on […]

Google Maps makes it easier to use and send Plus Codes

For those of us that have got our home or office addresses committee to memory, the idea of a place not having an easy address to know or any address at all is somewhat unthinkable. But Google says…

Google Makes Sharing Plus Codes Easier in a Push To Simplify Addressing System Globally

Two years ago, Google open-sourced Plus Codes, a digital addressing system to help billions of people navigate to places that don't have clear addresses. The company said this week it is making it easier for anyone with an Android device to share its rendition of an address -- a six-digit alphanumer...

GoodChips expands certification to global market with Azwood Energy

A leading energy supplier within New Zealand is enabling GoodChips® to grow its international base.

GoodChips® Expands Certification To Global Market With New Zealand Based Company, Azwood Energy.

A leading energy supplier within New Zealand is enabling GoodChips® to grow its international base.

Ringgit opens higher against US dollar

KUALA LUMPUR, May 29 ― The ringgit strengthened against the US dollar in early session today on an overnight recovery of oil prices but investors are cautious by a possible escalation of the United States (US)-China trade war risk, said an analyst. At 9.08am today, the local note was quoted at...

Ringgit higher against US dollar on improved global sentiment

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

Southwest Is a Much Better Pick Now Than American Airlines Stock

Investors looking to play the rebound in airline stocks should pass up AAL stock because the firm's shaky finances will hurt its recovery.

Southwest Airlines Stock Is a Survivor Worth Betting On

What doesn't kill a stock makes it stronger. LUV stock just survived the mother of all survival tests and it's on its way back.

It Looks as If American Airlines Stock Is Set for a Big Return Next Year

American Airlines Will Fly with lower capacity but first must wait for passenger traffic levels increasing

US indicts N. Koreans, Chinese over US$2.5b network to dodge sanctions

WASHINGTON, May 29 — The US Justice Department indicted 28 North Koreans and five Chinese yesterday for operating a money laundering ring that moved billions of US dollars through global banks to avoid nuclear sanctions on Pyongyang. The network processed more than US$2.5 billion (RM10.9 billion)...

US indicts NKoreans, Chinese over $2.5 bn network to dodge sanctions

The US Justice Department indicted 28 North Koreans and five Chinese on Thursday for operating a money laundering ring that moved billions of dollars through global banks to avoid nuclear sanctions on Pyongyang.The network processed more than $2.

US indicts North Koreans, accuses state-owned bank of evading sanctions

The US Justice Department accused North Korea's state-owned bank of evading US sanctions laws and charged 28 North Korean and five Chinese citizens in its largest crackdown on North Korea sanctions violations.

India’s key growth engine grinds to halt in sign of slump

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

India’s key growth engine grinds to halt in sign of slump

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

Major Brisbane bridge closed this weekend, free tolls on offer

One of Brisbane's busiest bridges will be partially closed this weekend for maintenance. 

Major Brisbane bridge closed this weekend, free tolls on offer

One of Brisbane's busiest bridges will be partially closed this weekend for maintenance. 

IMD revises forecast, southwest monsoon to hit Kerala on June 1

Most of the districts in Kerala have been getting rains with thunderstorm and gusty winds for the last few days.

After IMD revises forecast, southwest monsoon to hit Kerala on June 1

Most of the districts in Kerala have been getting rains with thunderstorm and gusty winds for the last few days.

China excludes clean coal projects from list eligible for green bonds

SHANGHAI (Reuters) - China has excluded “clean coal” from a list of projects eligible for green bonds, according to long-awaited new draft guidelines published by the central bank on Friday.

China excludes clean coal from list of projects eligible for green bonds

China excludes clean coal from list of projects eligible for green bonds

UPS adds 'peak' surcharge amid coronavirus fueled delivery spike

United Parcel Service Inc on May 31 will slap surcharges on U.S. e-commerce companies that have flooded its delivery network with shipments of ...

UPS adds 'peak' surcharge amid coronavirus-fueled delivery spike

United Parcel Service Inc on May 31 will slap surcharges on U.S. e-commerce companies that have flooded its delivery network with shipments of ...

TJ Maxx, Marshalls, HomeGoods expect to reopen end of June

There is more progress on the road to reopening for T.J. Maxx, Marshalls, and HomeGoods.

TJ Maxx, Marshalls, HomeGoods expect to reopen end of June

TJX Companies, the stores' parent company, says it expects most of its stores to open by the end of June.

Fed's Mester says it's hard to imagine quick V-shaped recovery

Fed's Mester says it's hard to imagine quick V-shaped recovery

Fed's Mester: Hard to imagine a quick V-shaped recovery as consumers remain cautious

The Federal Reserve's actions so far improved the market liquidity and functioning, Cleveland Federal Reserve President Loretta Mester told Bloomberg

ALERT: Gardaí issue warning over bogus tradesmen currently under investigation

Be advised!

ALERT: Gardaí issue warning over bogus tradesmen currently under investigation

Be advised!

Nissan settles dispute with Tamil Nadu government over unpaid dues of Rs 5000 crore: Report

The Japanese auto major was to receive between Rs 1400 crore (USD 185 million) and Rs 1800 crore (USD 238 million) as per the settlement, said the report.

Nissan settles dispute with Tamil Nadu over unpaid dues, damages; begins process to withdraw international arbitration: Report

The dispute arose after Nissan said Tamil Nadu hadn’t paid certain incentives under a 2008 agreement to set up a car plant in the southern state.

Banks’ asset quality ratios may worsen up to 600 bps: Fitch

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

Indian banks' asset quality pressure may last for at least 2 years: Fitch

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

CM KCR releases water into Kondapochamma Sagar reservoir

Telangana CM KCR inaugurates Markook pump house releasing water into Kondapochamma Sagar reservoir in Siddipet

‘Chandi Homam’ begins before release of Godavari water into Kondapochamma

With Vedic rituals beginning at the Kondapochama Temple during the wee hours of Friday, the countdown for releasing of Godavari water from Markook Pump House into Kondapochamma Sagar Reservoir has begun.

Gold Price Forecast: Move Above $1735 Resistance Required for Bulls to Grab Control Again

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

Gold Price News and Forecast: XAU/USD at yesterday’s high [Video]

The outlook for gold remains on a knife edge. Following the rebound from $1693 on Wednesday the market has rallied back into the resistance around the

Capital Iron building part of 6.7 acres bought by Reliance; store to keep operating

Reliance Properties, which was behind the transformation of the Janion building on Store Street, has picked up nearly seven acres of downtown Victoria, including the site of the Capital Iron . . .

Capital Iron building part of 6.7-acres bought by Reliance; store to keep operating

Reliance Properties, which was behind the transformation of the Janion building on Store Street, has picked up nearly seven acres of downtown Victoria, including the site of the Capital Iron . . .

Gold price flat ahead of Trump’s Hong Kong response

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

Gold prices up as markets cautiously await Trump's response on HK

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

Colleagues line street for funeral procession of ‘loved and valued’ NHS worker

Mike Brown was known well around Southampton General Hospital for his love of spicy food and cheeky sense of humour.

Colleagues line street for funeral procession of ‘loved and valued’ NHS worker

Mike Brown was known well around Southampton General Hospital for his love of spicy food and cheeky sense of humour.

RBI slaps penalty worth crores of rupees on three banks, including one PSU and one cooperative bank

The Reserve Bank of India has slapped a penalty amounting to a total of Rs 6.50 crore on Bank of India, Karnataka Bank, and Saraswat Cooperative Bank.

RBI slaps penalties on Bank of India, Karnataka Bank, Saraswat Cooperative Bank for non-compliance

RBI also imposed a penalty of Rs 1.2 crore on Karnataka Bank for non-compliance with central bank’s directions.

USD/CHF Price Analysis: Finds some support near 0.9600 mark, only for the time being

The USD/CHF pair found some support ahead of the 0.9600 round-figure mark and has now managed to rebound around 20-25 pips from the vicinity of monthl

USD/CHF Price Analysis: Approaching an important support level at 0.9590/95

The US dollar increased its bearish pressure on Thursday after breaking below the bottom line of the last two months’ triangle pattern at 0.9650 area

US money market funds waive fees to stave off negative returns

Decline in yields on short-term debt prompts action from asset managers

Some US asset managers are slashing fees on money market funds so their investors don't lose money because returns are so low

Asset management firms in the US are slashing fees charged on short-term debt funds as plunging interest rates and yields on US government debt ...

UAE to shorten COVID-19 prevention curfew by two hours

DUBAI: The United Arab Emirates will shorten a nightly curfew meant to prevent the spread of the novel coronavirus by two hours from Saturday by two hours, the country’s Emirates News Agency said on Friday. The curfew, officially called “the national sanitization program,” will run from 10 p.m. to 6 a.m as of Saturday. It currently starts at 8 p.m. and ends at 6 a.m. The

UAE to shorten Covid-19 prevention curfew by two hours

DUBAI (Reuters) - The United Arab Emirates will shorten from Saturday by two hours a nightly curfew meant to prevent the spread of the novel coronavirus, the country’s state news agency said on Friday.

GRAINS-Corn, soybeans slide on U.S.-China tensions

* Corn dips after four day climb, Midwest weather risks for wheat* Soybeans curbed by U.S.-China tensions after 2-week high (New throughout, changes byline, previous dateline PARIS/SYDNEY)By Christopher WalljasperCHICAGO, May 29 (Reuters) - U.S. corn and soybean futures fell on Friday as percolating U.S.-China trade tensions over Beijing's proposed restrictions on Hong Kong put a damper on the markets after a week of positive movement, with U.S. President Donald Trump expected to address the situation later on Friday.

GRAINS-Corn, soybeans slide on U.S.-China tensions

* Corn dips after four-day climb, Midwest weather risks for wheat* Soybeans curbed by U.S.-China tensions after two-week high (Updates closing prices)By Christopher WalljasperCHICAGO, May 29 (Reuters) - U.S. corn and soybean futures fell on Friday as escalating U.S.-China tensions over Beijing's proposed restrictions on Hong Kong dampened markets after a week of gains.Three sources told Reuters China may reduce U.S. agricultural imports if Washington issues a severe response to Beijing's push to impose national security laws on Hong Kong.

Airlines Leave $29 Billion Aid Fund Untapped in Bet on Rebound

U.S. airlines have yet to tap $29 billion in federal pandemic relief loans as they wait to see whether the reopening of the economy revives demand and diminishes the need for money that comes with government strings attached.

Covid-19: US airlines leave $29 billion aid fund untapped in bet on rebound

Although the four largest US passenger airlines have applied for the Treasury Department program, only American Airlines Group Inc. has said it intends to tap the pool of funds.

Ukraine expects US$5 bln IMF loan approval on June 5 – PM Shmyhal

The first tranche of US$1.9 billion may be disbursed the following day.

Ukraine expecting $5 billion IMF loan approval and initial payout next week: PM

Ukraine expecting $5 billion IMF loan approval and initial payout next week: PM

Telangana: Sons refuse to allow 80-year-old mother into house out of Covid-19 fear

The woman on Friday returned from Sholapur in Maharashtra after a stay at her relatives' house in the wake of relaxations in lockdown norms, but her elder son and his wife did not allow her into the house.

Telangana: Sons refuse to allow 80-year-old mother into house out of COVID-19 fear

The woman today returned from Sholapur in Maharashtra after a stay at her relatives house in the wake of relaxations in lockdown norms, but her elder son and his wife did not allow her into the house, said Edla Ashok, a division member of Karimnagar Municipal Corporation.

Government's stimulus program to boost consumer spending

The world has been experiencing an unprecedented economic downturn due to the COVID-19 pandemic. A significant number of economic activities have shut down. With increasing unemployment, economists are devising and proposing economic measures that could help ensure a sustainable increase in consumer spending and circumvent a long-term economic recession. However, whether the proposed economic measures are going to provide a long-term solution to these problems remains a concern.

Can government stimulus programs boost consumer spending?

The world has been experiencing an unprecedented economic downturn due to the COVID-19 pandemic. A significant number of economic activities have shut down, causing contractions in global output, as well ...

Tagwirei's business empire comes under scrutiny

WHEN Kudakwashe Tagwirei's father passed away in May 2018, the government came to a standstill.Cabinet was postponed, President Emmerson Mnangagwa, Vice-Preside...

Tagwirei’s business empire comes under spotlight

WHEN Kudakwashe Tagwirei’s father passed away in May 2018, the government came to a standstill.Cabinet was postponed, President Emmerson Mnangagwa, Vice-President Constantino Chiwenga, ministers and senior government officials drove to Shurugwi for his burial.

Big petrol price increase coming in June – AA

The AA has predicted that fuel prices will rise substantially in June.

SA facing ‘hefty’ petrol price increase in June (plus diesel shortages)…

The Automobile Association says South Africa’s fuel prices are set to climb in June in a “dramatic reversal of April's chaotic fuel market”.

Flour prices raised by Flour Mills Association

The price of a 20 kg bag of flour has been increased by Rs 120

Abdul Aleem Khan dismisses flour price increase by Mills Association

Pakistan Flour Mills Association had increased the price of flour by Rs 120

Wipro appoints Deepak M Satwalekar to its Board of Directors

Deepak M ​​Satwalekar has been the Managing Director of HDFC Ltd and subsequently the Managing Director and CEO of HDFC Standard Life Insurance Co. Ltd. He has also been a consultant to the World Bank, the Asian Development Bank, the United States Agency for International Development (USAID) and the United Nations Human Settlements Programme (UN-HABITAT), the statement said.

Former HDFC executive Deepak Satwalekar appointed to Wipro’s Board

United Airlines Announces Executive Staff Cuts

United Airlines said it will reduce its staff of 67 officers by 13.

Fear and anger are growing inside United Airlines, where workers are slamming the company over pay cuts after it took billions of dollars in government bailout money (UAL)

AP Photo/Mary Altaffer

Row over N50b AMCON’s bailout, new loans for aviation

The Asset Management Corporation of Nigeria (AMCON) yesterday disclosed that it injected N50 billion to stabilise the operations of the aviation sector between 2012 and 2020.

COVID-19: AMCON seeks aviation sector bailout - Premium Times Nigeria

The Asset Management Corporation of Nigeria (AMCON) has asked the federal government to bailout the aviation sector...........

Italian magistrates target Uber Italia over alleged rider exploitation: sources

MILAN (Reuters) - Italian magistrates have placed an Italian unit of Uber Technologies under special administration as part of an investigation into alleged exploitation of food delivery riders, three people familiar with the case said on Friday.

Italian magistrates target Uber Italia over alleged rider exploitation: sources

Italian magistrates target Uber Italia over alleged rider exploitation: sources

Month-End Profit-Taking Weighs On Equities As The Euro Pops Above $1.11

Equity markets in the Asia-Pacific region were mixed, with Japan, Hong Kong, Australia, and Taiwan seeing selling pressure. The Dow Jones Stoxx 600 is snapping

Month-End Profit-Taking Weighs On Equities As The Euro Pops Above $1.11

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

Germany Reaches EU Deal on $9.9 Billion Lufthansa Bailout

The German government worked out its differences with the European Commission over a 9 billion-euro ($9.9 billion) bailout of Deutsche Lufthansa AG, clearing the way for the rescue of Europe’s biggest airline to move forward.

EU says conditions needed in Lufthansa bailout, seeks deal

The EU competition chief said Friday that she is not 'creating extra hurdles' for Lufthansa after the airline balked at accepting a 9 billion-euro German government rescue package because of what it said were tough EU conditions.

GRAINS-Corn set for biggest weekly gain in more than 7 months

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

GRAINS-Corn extends gains, set for biggest weekly jump in 7 months

* Corn firms for fifth straight session* Wheat poised to finish the week up 1%* Soybeans on course for biggest weekly gain in two monthsBy Colin PackhamSYDNEY, May 29 (Reuters) - U.S. corn futures rose for a fifth consecutive session on Friday as concerns about adverse weather impacting crops and signs of increased demand pushed the grain towards its biggest weekly gain in more than seven months.Wheat was little changed but was on course to finish the week up 1%, while soybeans were poised to record their biggest weekly gain in two months.

Financial help sought for new community hub

The $3.8 million Wanaka Community Hub building, which opened seven months ago is in financial strife. The hub houses community and government...

Financial help sought for new community hub

The $3.8million Wanaka Community Hub building, which opened seven months ago is in financial strife. The hub houses community and government...

US major airlines roll out more options to avoid staff layoffs

The top three U.S. airlines, hit hard by the coronavirus pandemic, are rolling out fresh programs to induce tens of thousands of employees to ...

US major airlines roll out more options to avoid staff lay-offs

The top three U.S. airlines, hit hard by the coronavirus pandemic, are rolling out fresh programs to induce tens of thousands of employees to ...

Markets march higher for third day in a row

Equity benchmarks finished in the green for the third session on the trot on Friday as investors scooped up FMCG, finance and banking stocks despite negative overseas cues and rising Covid-19 cases

Markets march higher for third day; post weekly gains

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

Wage cuts, even symbolic ones, aren't going to help anybody

An economic recovery needs to be built on the back of real jobs and real economic activity, not on cheap political wins from wage cuts and freezes.

Wage cuts, even symbolic ones, aren't going to help anybody

An economic recovery needs to be built on the back of real jobs and real economic activity, not on cheap political wins from wage cuts and freezes.

Investors can participate in NIIT Tech share buyback through these 2 strategies

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

NIIT Technologies share buyback issue opens; 10 key things to know

The IT company proposed to raise Rs 337.46 crore through the buyback offer.

RIL Rights Entitlement shares ends at 7% premium over intrinsic value on May 29

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

Last day for buying, selling RIL-Rights Entitlement, shares surge 48% from May 20; should you buy today?

From an opening price of Rs 152 on May 20, Reliance Industries' rights entitlement (RIL-RE) share price has surged 48 per cent to hit today's high of Rs 225 apiece on NSE.

Pooja Hegde’s Instagram hacked, results in faux feud with Samantha Akkineni

After Pooja Hegde's hacked Instagram account posted a photo of Samantha Akkineni, fans of both the actors have been at loggerheads with each other.

Pooja Hegde's fans furious on Samantha Akkineni after an alleged chat of the latter surfaces online

This whole scenario has triggered Samantha’s fans and prompted them to start the hashtag #PoojaMustApologizeSamantha on Twitter. However, in a surpris

Battle of Jutland warship’s four years since restoration marked in lockdown

HMS Caroline closure amid the pandemic has had a ‘devastating impact’ on its finances with the loss of visitor revenue.

Battle of Jutland warship’s four years since restoration marked in lockdown

HMS Caroline closure amid the pandemic has had a ‘devastating impact’ on its finances with the loss of visitor revenue.

Japan's low unemployment rate conceals deeper labor market pain

Japan's labor market in April appeared to be weathering a severe slowdown in economic activity due to the coronavirus pandemic, but a closer look at official data released on Friday revealed a less rosy picture. Japan's jobless rate rose to 2.6% in April from 2.5% in the previous month, a…

Japan’s low unemployment rate conceals deeper labour market pain

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

Your daily horoscope: May 29

Your daily horoscope

May 29: Your daily horoscope

BIRTHDAY FRIDAY: Mercury, your ruler, in the financial area of your chart will give you lots of money-making ideas for the coming year. But one idea in particular will stand out above the rest, . . .

99% of Mumbai's ICU beds are occupied: BMC

99% of Mumbai's ICU beds are occupied: BMC. A total of 1,438 people tested positive for coronavirus in Mumbai on Thursday taking the total number of cases in the city to 35,273.

Coronavirus: 99% of Mumbai's ICU beds are occupied, says civic body

Seventy-two per cent of 373 ventilators in the city were in use

USD/JPY drops to near 2-week lows amid escalating US-China tensions

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

USD/CHF dives to 4-week lows, around 0.9600 mark amid notable USD supply

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

German regulator examines stock trades by Wirecard CEO

FRANKFURT (Reuters) - Germany’s market regulator said on Friday it was investigating whether Markus Braun, the CEO of payments firm Wirecard, had violated insider-trading rules by buying stock during the quiet period before publication of its annual report.

German regulator examines stock trades by Wirecard CEO

German regulator examines stock trades by Wirecard CEO

3 more test positive for COVID-19 in Manipur, total count 58

Nagaland Page is an English newspaper published from Dimapur, Nagaland.

Coronavirus | Three more test positive in Manipur

Total number of cases reach 58.

NABARD sanctions Rs 1,050 crore credit support to West Bengal

The credit support under special liquidity facility will be extended to state cooperative banks, regional rural banks and micro-finance institutions. The NABARD has already disbursed an amount of Rs 720 crore to state coperative and regional rural banks, he said, adding that disbursements to MFIs will commence shortly.

NABARD sanctions Rs 1,050 crore credit support to West Bengal

The National Bank for Agriculture and Rural Development (NABARD) has sanctioned credit of Rs 1,050 crore in the current fiscal so far to West Bengal for benefit of farmers and poor people.

Gold - Patience Is A Virtue

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

Gold: Patience Is A Virtue

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

SA's credit growth slows to 7.37% year on year in April

Expansion in the broadly defined M3 measure of money supply quickened to 10.47% in April from 9.49% in March.

SA’s credit growth slows to 7.37% year on year in April

M3 quickens to 10.47%.

Sensex drops over 300 pts in early trade; Nifty tests 9,400 level

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

Sensex drops over 300 pts in early trade; Nifty tests 9,400 level   

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

Copper futures slide on weak demand

On Multi Commodity Exchange, copper for delivery in June eased by Rs 2.75, or 0.66 percent, to Rs 413 per kg in a business turnover of 3,029 lots.

Nickel futures slide on tepid demand

On the Multi Commodity Exchange, nickel contracts for June delivery traded down by Rs 5.60, or 0.6 percent, to Rs 924.70 per kg with a business turnover of 1,434 lots.

AP Explains China India Border Tensions

Indian officials say the latest row began in early May, when Chinese soldiers entered the Indian-controlled territory of Ladakh at three different points, erecting tents and guard posts. China has sought to downplay the confrontation while providing little information. China has objected to India building

In first comments, China’s defence ministry border issue with India controllable, stable

The ministry said that the situation is stable and both countries have the wherewithal to resolve the situation through established mechanisms. This is the first statement from the ministry since the standoff in eastern Ladakh.

Indian aviation sector in survival mode, needs viable revival: IATA CEO

He said it is particularly disappointing that the package of $123 billion in government financial aid that has been announced around the world, including $26 billion in the Asia Pacific region

Indian carriers in 'survival' mode, need sustainable revival: IATA CEO Alexandre de Juniac

Speaking at a webinar hosted by the aviation consultancy Centre for Asia Pacific Aviation (CAPA), de Juniac also forecast the air travel demand in India to drop by 47 percent and revenue by $11 billion this year over 2019 owing to the coronavirus pandemic.

Regulator Asks 5 Firms To Recall Diabetes Drug Over Carcinogen Concerns

The US Food and Drug Administration (FDA) said on Thursday it has recommended five pharmaceutical firms to voluntarily recall their diabetes drug metformin after the agency found high levels of a possible cancer-causing impurity in some versions of the medication.

U.S. FDA asks five firms to recall diabetes drug with high levels of probable carcinogen

(Reuters) - The U.S. Food and Drug Administration (FDA) said on Thursday it has recommended five pharmaceutical firms to voluntarily recall their diabetes drug metformin after the agency found high levels of a possible cancer-causing impurity in some versions of the medication.

Water And Wastewater Price Changes From 1 July 2020

Prices for water and wastewater services in Auckland will increase by 2.5 per cent from 1 July 2020.

Water and wastewater price changes from 1 July 2020

Prices for water and wastewater services in Auckland will increase by 2.5 per cent from 1 July 2020.

Forest fire along LoC in Pooch triggers landmine blasts

POONCH, May 29: A massive fire that engulfed a large forest stretch in forward Balakote area in Poonch district along Line of Control (LoC) has triggered several landmine explosions in the area, officials said on Friday. Officials told that in the wee hours of Friday morning, forest fire that started in PaK area and spread on this side of Line of Control as well. "Many acres of forest area along LoC came under fire, which damaged the green gold and also triggered around half a dozen explosions of anti-personnel landmines that stand installed as a part of anti-infiltration grid," they said. The efforts were on to douse the fire when the report was last filed.

Forest fire triggers landmine explosions along LoC in Balakote

Forest fire along the Line of Control (LoC) in forward area of Balakote in Poonch district of Jammu and Kashmir on Friday triggered several landmine

Finance ministry not in favour of raising GST rates on non-essential items

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

Finance ministry not in favour of  raising GST rates on non essentials

Under the GST (Compensation to States) Act, 2017, protected revenues of the state governments is calculated on the basis of a 14% annual growth rate with FY16 as the base year

S&P 500, Nasdaq rally to close week higher as Trump’s actions against China seen not as disruptive as feared

Stock index benchmarks ended mostly higher Friday and booked sharp gains for the week and month, after a news conference from President Donald Trump on China...

Dow Jones Futures: Trump China News May Not Break Coronavirus Stock Market Rally; Renault, Twitter In Focus

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

JobStart Policy No Substitute For Tax Cuts

Taxpayers’ Union spokeswoman Islay Aitchison says, “While there’s definitely some appeal to subsidies targeted at job creation, taxpayers would rather see their money go toward tried-and-tested methods of boosting the economy, such as tax cuts. For the most part, businesses still hiring aren’t the ones that need support.”

JobStart policy no substitute for tax cuts

The National Party’s JobStart policy - under which businesses could claim $10,000 per new employee, for up to ten new employees - looks great on paper but would fail in practice, says the New Zealand Taxpayers’ Union.

China's Kunlun says U.S approves sale of Grindr to investor group

By Echo Wang (Reuters) - Chinese gaming company Beijing Kunlun Tech Co Ltd said on Friday that a U.S. national security panel approved the $620 million sale of popular gay dating app Grindr to an investor group called San Vicente Acquisition LLC. The panel, the Committee on Foreign Investment in the United States (CFIUS), ordered Kunlun last year to divest Grindr amid concerns regarding the safety of the personal data it handles, such as users' private messages and HIV status

China's Kunlun says U.S approves sale of Grindr to investor group

(Reuters) - Chinese gaming company Beijing Kunlun Tech Co Ltd said on Friday that a U.S. national security panel approved the $620 million sale of popular gay dating app Grindr to an investor group called San Vicente Acquisition LLC.

Pier 1's 'awful day' arrives with judge approving liquidation

The end is near for Pier 1 Imports Inc.

Pier 1’s ‘Awful Day’ Arrives With Judge Approving Liquidation

The end is near for Pier 1 Imports Inc.

Brighthouse Financial Inc: A 6.75% Preferred Stock IPO From This Life Insurer

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

Stifel Financial Corp.: A New 6.125% Preferred Stock IPO Trading At A 4.50% Premium

Stifel Financial Corp.'s new preferred stock, SF-C, is trading above its PAR, having a YTW of 5.12%. Company's leverage and liabilities' payments look solid. SF

China reports African swine fever outbreak in Gansu province

BEIJING, May 29 (Reuters) - China's Ministry of Agriculture and Rural Affairs said on Friday it had found a new outbreak of African swine fever near the city of Lanzhou in northwestern Gansu province.More than 90 pigs had already died on the farm of 9,900 pigs, it said.The ministry has recently stepped up efforts to track cases of the disease, which is deadly to pigs and for which there is no cure or vaccine. (Reporting by Dominique Patton; Editing by Hugh Lawson)© Copyright Thomson Reuters 2020. Click For Restrictions - http://about.reuters.com/fulllegal.asp

China reports African swine fever outbreak in Gansu province

BEIJING (Reuters) - China’s Ministry of Agriculture and Rural Affairs said on Friday it had found a new outbreak of African swine fever near the city of Lanzhou in northwestern Gansu province.

One of the world's oldest bottle of Cognac sells for over €130,000

The bottle, known as "Grand Frere", was produced in 1762 by Maison Gautier in France.

Cognac bottle, labelled one of world's oldest, sells for £118,000

The 258-year-old spirit is one of only three such bottles in existence today, an auction house says.

Limited impact on Vedanta operations due to coronavirus lockdown: Crisil

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

Limited impact on Vedanta operations due to coronavirus lockdown: Crisil

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

Regional Executive Director of NTPC confirmed

He was holding additional charge

CV Anand is NTPC’s new Regional Executive Director (South)

C. V Anand has been posted as the Regional Executive Director (South) of NTPC Limited at Southern Region Headquarters in Hyderabad

In Senegal, the struggles of a small airline during coronavirus

Launching an airline in Africa is a notorious challenge in a continent and sector where opportunities are often crimped by regulations and national champions are dominant.

In Senegal, the struggles of a small airline during coronavirus

Launching an airline in Africa is a notorious challenge in a continent and sector where opportunities are often crimped by regulations and national champions are dominant.

Rare Red forest fire warning issued

The forest service has issued a rare Red forest fire warning as high temperatures and dry weather look set to persist into the weekend.

Department of Agriculture issue Status Red forest fire warning

The Department of Agriculture has issued a Status Red forest fire warning that will remain in place across the June Bank Holiday weekend

Exclusive: U.S. warns governments, firms against aiding Iran fuel shipments to Venezuela - envoy

WASHINGTON (Reuters) - Seeking to deter further shipments of Iranian fuel to Venezuela, the Trump administration has quietly warned foreign governments, seaports, shipping companies and insurers that they could face stiff U.S. sanctions if they aid the tanker flotilla, the U.S. envoy on Venezuela told Reuters on Friday.

Exclusive: U.S. warns governments, firms against aiding Iran fuel shipments to Venezuela - envoy

Seeking to deter further shipments of Iranian fuel to Venezuela, the Trump administration has quietly warned foreign governments, seaports, shipping companies and insurers that they could face stiff U.S. sanctions if they aid the tanker flotilla, the U.S. envoy on Venezuela told Reuters on Friday. Elliott

Former South Korean 'comfort women' leader apologises for 'banking errors'

SEOUL: The former leader of an advocacy group for South Korean victims of Japanese wartime sexual violence on Friday (May 29) denied allegations ...