Economy 1829 May12:0014:0016:0018:0020:00
Core sector output contracts by record 38.1 per cent in April

29 May 00:00 5 articles

Core sector output contracts by record 38.1 per cent in April

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

29 May 00:00 Telangana Today 8182025567251485591.html
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%.

29 May 11:36 The Economic Times 7653256038152259740.html
India's eight core infrastructure sectors contract 38.1% in April

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

29 May 11:50 Business-Standard 1502508926199439752.html
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

29 May 11:43 Livemint 6614605817630870063.html
Coronavirus impact: Output in eight core industries declines 38% in April

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

29 May 11:54 Business Today 1145527431377329959.html
Belfast International Airport announces voluntary redundancy programme

29 May 11:50 3 articles

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.

29 May 11:50 Shropshire Star 3480199991828270425.html
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.

29 May 11:50 Express & Star 7324224459374447961.html
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.

29 May 11:52 Jersey Evening Post 6141642773909851481.html
EasyJet and Carnival poised to exit FTSE 100 as virus hammers travel firms

29 May 11:40 3 articles

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

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

29 May 11:40 Shropshire Star 3480199992367182523.html
EasyJet and Carnival poised to exit FTSE 100 as virus hammers travel firms

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

29 May 11:40 Express & Star 7324224459913360059.html
EasyJet and Carnival poised to exit FTSE 100 as virus hammers travel firms

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

29 May 11:43 Jersey Evening Post 6141642774448763579.html
Ringgit opens higher against US dollar

29 May 01:50 2 articles

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...

29 May 01:50 Malaymail 302165935738008770.html
Ringgit higher against US dollar on improved global sentiment

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

29 May 11:27 Malaymail 302165935460244915.html
Month-End Profit-Taking Weighs On Equities As The Euro Pops Above $1.11

29 May 11:50 2 articles

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

29 May 11:50 Seeking Alpha 5725634556758868394.html
Month-End Profit-Taking Weighs On Equities As The Euro Pops Above $1.11

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

29 May 00:00 Investing.com 5710361975337511913.html
Debate over $600 in jobless aid to intensify as claims rise

29 May 05:15 2 articles

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.

29 May 05:15 Fox 4 8372747777510570027.html
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.

29 May 11:14 KNOE 8 News 9048639192801791511.html
Give us too the benefit of credit guarantee scheme: urban co-op banks to FM

29 May 09:05 2 articles

Give us too the benefit of credit guarantee scheme: urban co-op banks to FM

UCBs are financially sound and are a key funding source for MSMEs, says petition

29 May 09:05 BusinessLine 5283601327982934.html
Credit guarantee scheme: No immediate 100% payments to banks if MSMEs default

On the face of it, the guarantee scheme is a great deal for banks as there is no risk of losing money. But in reality, it is going to be a tough task for banks to get the full guaranteed amount from the guarantee corporation

29 May 11:37 Business Today 1145527431859714419.html
AP Explains China India Border Tensions

29 May 07:25 2 articles

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

29 May 07:25 Yahoo 7097669637262631584.html
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.

29 May 11:51 Oneindia 2023829371503497925.html
Indians to skip border trade with China through Lipulekh pass this year

29 May 10:50 2 articles

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.

29 May 10:50 The Economic Times 7653256038420952898.html
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.

29 May 11:13 The Hindu 6679535025172106193.html
Big petrol price increase coming in June – AA

29 May 00:00 2 articles

Big petrol price increase coming in June – AA

The AA has predicted that fuel prices will rise substantially in June.

29 May 00:00 MyBroadband 3036103787600640960.html
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”.

29 May 11:07 CARmag 8756669822394456922.html
Singapore top FDI source for India in FY20 with $14.67 bn in investments

29 May 11:58 2 articles

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

In the past two financial years, FDI from Singapore has surpassed that from Mauritius

29 May 11:58 Business-Standard 1502508925130754158.html
Singapore top source of FDI in FY20 with investments worth $14.67 billion

According to experts, Singapore has been able to outpace Mauritius with its ease of doing business policies, simplified tax regime and a large number of private investors.

29 May 00:00 Moneycontrol 1603024963589265816.html
TJ Maxx, Marshalls, HomeGoods expect to reopen end of June

29 May 11:07 2 articles

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.

29 May 11:07 ABC7 Los Angeles 8300010440880764824.html
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.

29 May 11:07 ABC7 New York 7327811148520830872.html
Bharti Infratel hits over 3-month high; zooms 100% from March lows

29 May 04:24 2 articles

Bharti Infratel hits over 3-month high; zooms 100% from March lows

The stock rallied 8% per cent to Rs 243 in the intra-day deals today, and was quoting at its highest level since February 14, 2020 on the BSE

29 May 04:24 Business-Standard 1502508926636907452.html
Bharti Infratel share price doubles from March lows, stock gains 8% today; check new target prices

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

29 May 11:57 The Financial Express 1288289579719679162.html
One of the world's oldest bottle of Cognac sells for over €130,000

29 May 11:33 2 articles

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.

29 May 11:33 euronews 7318238122235258894.html
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.

29 May 03:42 BBC News 3883826128538848478.html
Amazon in talks for new office despite pandemic

29 May 00:00 2 articles

Amazon in talks for new office despite pandemic

Amazon.com Inc. is in talks to rent an office block in Dublin with space for about 750 workers, according to a person familiar with the matter.

29 May 00:00 MyBroadband 3036103788747548761.html
Amazon in talks for new Dublin office even as virus hits

Amazon.com Inc. is in talks to rent an office block in Dublin with space for about 750 workers, according to a person familiar with the matter.

29 May 11:56 BNN 3833521688599124217.html
China reports African swine fever outbreak in Gansu province

29 May 10:55 2 articles

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

29 May 10:55 Successful Farming 8502642053282020505.html
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.

29 May 11:06 Reuters 8334514179895966852.html
ReneSola Ltd 2020 Q1 - Results - Earnings Call Presentation

29 May 11:45 6 articles

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.

29 May 11:45 Seeking Alpha 5725634558007163140.html
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.

29 May 03:14 Seeking Alpha 5725634556454028287.html
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.

29 May 11:52 Seeking Alpha 5725634558094765039.html
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.

29 May 03:50 Seeking Alpha 5725634556251177188.html
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.

29 May 11:43 Seeking Alpha 5725634557596730019.html
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.

29 May 11:54 Seeking Alpha 5725634556524283000.html
CWB reports Q2 profit down as provisions for credit losses soar

29 May 11:35 2 articles

CWB reports Q2 profit down as provisions for credit losses soar

CWB Financial Group reported its second-quarter profit fell compared with a year ago as the economy tanked due to the steps taken to slow the COVID-19 pandemic and its provisions for credit losses more than doubled.

29 May 11:35 BNN 3833521687813244173.html
CWB Financial reports Q2 profit down as provisions for credit losses soar

EDMONTON — CWB Financial Group reported its second-quarter profit fell compared with a year ago as the economy tanked due to the steps taken to slow the COVID-19 pandemic and its provisions for credit losses more than doubled.

29 May 10:47 KitchenerToday.com 52741009316985789.html