Cisco Systems, Inc. (CSCO) Presents at Cowen and Company 48th Annual Technology, Media & Telecom Conference (Transcript)

Cisco Systems, Inc. (NASDAQ:CSCO) Cowen and Company 48th Annual Technology, Media & Telecom Conference May 27, 2020 08:30 AM ET Company Participants Jonatha

Iron Mountain: Strong Operating Results Despite COVID-19

Iron Mountain recently declared its dividend in line with the previous, which is excellent news in a difficult economic environment such as the one we are curre

Teekay Tankers: A Story Of Very Rapid Deleveraging

Teekay Tankers generated over $240M of free cash flow in the last two quarters (the current market cap is below $575M). Strong free cash flow is also expected i

Net 1 UEPS Technologies, Inc. 2020 Q3 - Results - Earnings Call Presentation

The following slide deck was published by Net 1 UEPS Technologies, Inc. in conjunction with their 2020 Q3 earnings call.

Full Steam Ahead At Cannabis Extractor Radient Technologies

Cannabis extraction is the future of the industry. Radient Technologies has a superior extraction technology. Their throughput and economies of scale will make

Weekly Closed-End Fund Roundup: 2 Upcoming Mergers (May 17, 2020)

1 out of 23 CEF sectors positive on price and 8 out of 23 sectors positive on NAV last week. A little bit of alpha available from MNE and SRF/SRV mergers. GER/G

Prosafe SE (PRSEY) CEO Jesper Kragh Andresen on Q1 2020 Results - Earnings Call Transcript

Prosafe SE (OTCPK:PRSEY) Q1 2020 Earnings Conference Call May 27, 2020 4:00 AM ET Company Participants Jesper Kragh Andresen – Chief Executive Officer Stig Chri

Lam Research: Strong Cost And Pricing Advantages Improve Outlook

Lam Research has outperformed the S&P 500 over the past 10 years due to its scale advantages. The company has a strong liquidity position and cash flow generati

NVIDIA Corporation (NVDA) Management Presents at Cowen 2020 Virtual TMT Conference (Transcript)

NVIDIA Corporation (NASDAQ:NVDA) Cowen 2020 Virtual TMT Conference Call May 27, 2020 10:30 A.M. ET Company Participants Colette Kress - Chief Financial Officer

Redhill Biopharma Ltd (RDHL) CEO Dror Ben-Asher on Q1 2020 Results - Earnings Call Transcript

Redhill Biopharma Ltd (NASDAQ:RDHL) Q1 2020 Earnings Conference Call May 27, 2020, 08:30 ET Company Participants Dror Ben-Asher - Co-Founder, Chairman & CEO

The New Ingersoll Rand Debuts Under Challenging Circumstances

Ingersoll Rand produced a lackluster report for its first quarter, with results falling short of sell-side expectations and peers. Upstream oil/gas is likely to

NZD/USD: I Retain My Long-Term Bullish View

The NZD/USD has remained quite resistant during COVID-19. Export data for New Zealand came in better than expected. In spite of the potential for negative rates

Oil - It's A Terrible Time To Be A Refinery, But There Might Be Light At The End Of The Tunnel

Refining margins remain in the dumps as crude rally outpaces product prices. Global refining margins indicate if crude doesn't pullback soon, we could see throu

Golden Ocean Group Limited (GOGL) CEO Ulrik Andersen on Q1 2020 Results - Earnings Call Transcript

Golden Ocean Group Limited (NASDAQ:GOGL) Q1 2020 Earnings Conference Call May 27, 2020 09:00 AM ET Company Participants Ulrik Andersen - CEO Per Heiberg - CFO T

Radical Transparency: A (Positive) Spin On Despegar's Q1 Earnings Call

Despegar reported disappointing Q1 results on May 4th, 2020. The company outlined cost-cutting measures and liquidity sufficient to survive an extraordinarily d

Elbit Systems Firing On All Cylinders

The military defense industry is one of the essential industries during crises but Elbit's sentiment and fundamentals are strong offering a safe investment espe

ATS Automation Tooling Systems Inc. (ATSAF) CEO Andrew Hider on Fiscal Q4 2020 Results - Earnings Call Transcript

ATS Automation Tooling Systems Inc. (OTCPK:ATSAF) Q4 2020 Earnings Conference Call May 27, 2020 10:00 AM ET Company Participants Stewart McCuaig - Vice Presiden

Buy Realty Income Now, Or Regret It Later

Realty Income is by far one of the best managed REITs that exist. They are the dividend investors dream company. They also now yield 5.36%. The market has unjus

Sea Limited: Skeletons In The Closet

SE is inflating revenue. SE is selling goods for a negative gross margin. The maximum potential value is $59.8/share.

Improving EIA's Weekly Crude Oil Production Estimate

Each week the EIA estimates crude production and an adjustment. I used regression of the weekly figures to the monthly actual production. The process developed

Star Bulk Carriers Corp. 2020 Q1 - Results - Earnings Call Presentation

The following slide deck was published by Star Bulk Carriers Corp. in conjunction with their 2020 Q1 earnings call.

Sandstorm Gold: This Gold Miner Is About To Get Much Bigger

Sandstorm's stock outperformance should continue as there are many bullish growth catalysts. There is incremental growth over the next few years thanks to newly

Keysight Technologies, Inc. 2020 Q2 - Results - Earnings Call Presentation

The following slide deck was published by Keysight Technologies, Inc. in conjunction with their 2020 Q2 earnings call.

Zillow: The Stock Is A Zell

Zillow has built a tremendous following for its residential real estate website. But the business has only just moved into the black and has limited further ups

HP Inc. 2020 Q2 - Results - Earnings Call Presentation

The following slide deck was published by HP Inc. in conjunction with their 2020 Q2 earnings call.

NetApp, Inc. 2020 Q4 - Results - Earnings Call Presentation

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

Dorian LPG Ltd. (LPG) CEO John Hadjipateras on Q4 2020 Results - Earnings Call Transcript

Dorian LPG Ltd. (NYSE:LPG) Q4 2020 Earnings Conference Call May 27, 2020 10:00 AM ET Company Participants Ted Young - Chief Financial Officer John Hadjipateras

Star Bulk Carriers Corp. (SBLK) CEO Petros Pappas on Q1 2020 Results - Earnings Call Transcript

Star Bulk Carriers Corp. (NASDAQ:SBLK) Q1 2020 Earnings Conference Call May 27, 2020 11:00 AM ET Company Participants Petros Pappas - Chief Executive Officer Ha

PNM Resources, Inc.: Running In Place With A Heavy Burden

PNM is currently fairly valued to 22% overvalued depending on approach. PNM's financial health and solvency is a major point of concern. Further market volatili

Xebec Adsorption Inc. (XEBEF) CEO Kurt Sorschak on Q1 2020 Results - Earnings Call Transcript

Xebec Adsorption Inc. (OTCQX:XEBEF) Q1 2020 Earnings Conference Call May 27, 2020, 11:00 AM ET Company Participants Brandon Chow - IR Kurt Sorschak - CEO Louis

HEICO Corporation (HEI) CEO Laurans Mendelson on Q2 2020 Results - Earnings Call Transcript

HEICO Corporation (NYSE:HEI) Q2 2020 Earnings Conference Call May 27, 2020 9:00 AM ET Company Participants Laurans Mendelson - Chairman & Chief Executive Of

Nikola Motor: Investing In The Truck Of The Future

Nikola Motor will compete with the biggest names in trucking, but it won't make a dent to market share until 2024. A very strong product line-up means it can co

Beyond Meat: Earning A Meaty Profit

The higher profit margin for artificial meat is the main catalyst behind BYND's recent rally as its stock price fully recovers from the recent sell-off in March

Retail Opportunity Investments Is Stronger Than It Looks

ROIC has fallen dramatically on news of weak rent collection. Our analysis suggests the low percent of rent collected was more related to moratoriums in ROIC's

British Land Company PLC (BTLCY) CEO Christopher Grigg on Q4 2020 Results - Earnings Call Transcript

British Land Company PLC (OTCPK:BTLCY) Q4 2020 Results Conference Call May 27, 2020 03:30 AM ET Company Participants David Walker - Head, IR Chris Grigg - CEO &

Coronavirus Produces Significant Political Risk For Insurers

As we all know, an insurance policy only pays out on what has specifically been insured against. This includes the idea that certain things simply cannot be ins

B2W - Gain Exposure To The Brazilian Online Retail Sector

Brazilian e-commerce has been growing at 11.1% for the past two years and is projected to grow by 5.5% for the next three years without considering the effects

Broadwind Has Towering Potential And A Not So Towering Valuation

Broadwind's 1Q20 report was stronger than expected. In the wake of the quarterly call we spoke with the company to address a few additional questions we had. We

GEO Group: Uninvestable Until A Dividend Cut As Deleveraging Or A Buyback Is A Better Use Of Capital

GEO is guiding negative FCF after paying dividend in FY2020. GEO's leverage ratio is running against its covenant at FY2020 guidance. The cost of debt is higher

SPDR Portfolio S&P 500 Growth ETF's Exposure To Technology Stocks Is Advantageous

SPYG invests in large-cap growth stocks in the S&P 500 Index. The fund’s relatively lower exposure to cyclical sectors is advantageous as the impact of COVID-19

Mohawk Industries: Not A Convincing Investment

Mohawk is trading on a forward sales multiple of 1.08, below their long-term average of 1.3x. 2018 and 2019 were tough years for the business and industry. We b

Teekay LNG: Attractive Long-Term Cash Flow Visibility Will Move The Needle

Teekay LNG Partners reported solid results with record-high Q1 2020 adjusted net income (7th consecutive quarterly increase). Importantly, the TGP IDRs were eli

WEAT: Further Decline Is Unlikely

Wheat is still relatively more expensive than corn. It will be difficult for U.S. exporters to look for buyers in the new season. The weather can change everyth

Sun Pharmaceuticals Industries Ltd. ADR (SMPQY) Q4 2020 Results - Earnings Call Transcript

Start Time: 09:00 End Time: 10:14 Sun Pharmaceuticals Industries Ltd. ADR (OTCPK:SMPQY) Q4 2020 Earnings Conference Call May 27, 2020, 09:00 AM ET Company Parti

Exxon Mobil Corporation (XOM) CEO Darren Woods Hosts 2020 Annual Meeting of Shareholders (Transcript)

Exxon Mobil Corporation (NYSE:XOM) 2020 Annual Meeting of Shareholders May 27, 2020 10:30 AM ET Company Participants Stephen Littleton - Vice President of Inves

North American Construction Group: Growth, Value, And Bullish Insiders

ROE is 28% vs. industry median of -1.6%. Revenues up 241% since Q4 2016. EBITDA has a 3-year CAGR of 45% vs. industry median of 7%. P/S is the lowest it's been

The Rally Continues, Now Thanks To Small-Caps (Technically Speaking For 5/27)

The EU and Japan have announced major stimulus programs. While existing home sales have dropped sharply, new home sales are surprisingly resilient. The markets

Box, Inc. 2021 Q1 - Results - Earnings Call Presentation

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

Fevertree: Compounder For The Long-Term Investor

Fevertree shows outstanding performance compared to its close peers. An outsourced business model leads to high profit margins and returns on capital, and has a

Communications Systems: Needs Sustained Bottom-Line Growth To Move The Share Price

Firm posts negative earnings in the first quarter. Once again this showed that the company is absent any real competitive advantage. No need to push the boundar

Genesis Energy LP: Too Risky For The Current Environment

Even though it shows some rebound after March lows, Genesis Energy LP remains a risky buy in the current environment. The stock shows high volatility and a high

A Selection Of Appealing Nanocaps

We discuss a selection of nanocap companies with operational and valuation attributes which make them appealing to certain types of investors. Three community b

Buy Gladstone Capital For Its 11%+ Yield

GLAD has rebounded strongly off its lows but remains well below its prior highs. With the distribution having been cut already, the new payout looks safe. With

Pershing Square Holdings, Ltd. (PSHZF) CEO William Ackman on Q1 2020 Results - Earnings Call Transcript

Pershing Square Holdings, Ltd. (OTCPK:PSHZF) Q1 2020 Earnings Conference Call May 27, 2020 11:00 AM ET Company Participants William Ackman - Chief Executive Off

Ulta Beauty: More Headwinds Expected Due To COVID-19

Ulta Beauty is the category leader in beauty retail and has historically grown successfully through new store openings and increasing sales. However, Ulta exper

Hershey: Strong Cost Advantages Will Power The Company Forward

Hershey has experienced steady growth over the years due to its large market share in the United States. The company has shown a willingness to innovate in onli

Yext: Avoid At These Levels

Shares have rallied over 75% off its April lows, but the price today is unsustainable at these levels. Yext has been given worse reviews than its competitors, w

Coronavirus Stock Market Bargains: Xerox Stock

Xerox stock has lost $4.5B of value in the recent selloff. Forward-looking estimates indicate that only $2.7B of value loss was warranted. XRX has poor price mo

Starfield 2020 Release Debunked As Bethesda’s Pete Hines Says the USK Rating is Merely a Glitch

Earlier this week, Bethesda’s highly-anticipated title seemingly received an USK rating, which had many hoping for a Starfield 2020 release.

Tesla (NASDAQ: TSLA) Shares Have a Further Upside Bullish Potential of 64 Percent to $1,350, According to Wedbush Securities

Tesla has received another bullish endorsement with the Wedbush Securities analyst Dan Ives raising the company's stock price target by 33%

Zadak Introduces the SPARK AIO 240MM ARGB CPU Cooler

Zodak's Spark AIO 240 MM ARGB CPU Cooler is the companies attempt to enter the mainstream cooling market.

Building The Bubble: Demand For Trans-Tasman Travel Soaring

Research conducted in both New Zealand and Australia by leading market research agency Opinion Compare, shows the desire of both countries to travel to respective countries is surging. An online survey of nationally representative samples in both countries (n=522 in New Zealand, n=504 in Australia) showed high intention and desire for Trans-Tasman travel.

Proposal For Trans-Tasman Bubble Considers Every Step Of A Passenger’s Journey

A proposed blueprint into how safe trans-Tasman travel could re-open is advancing fast, with a draft to be presented to New Zealand and Australian governments for consideration in early June.

Progression Of Trans-Tasman Bubble Offers Lifeline To Tourism Industry

New Zealand must move quickly to make the most of Australians’ enthusiasm for trans-Tasman travel, says Tourism Industry Aotearoa.

A Draft Timeline For The Trans-Tasman Bubble Pins July 1 As The Date Aussies Could Start Travelling To NZ

Pack your jandals!

Not yet, but “not too long” till we’re ready for a trans-Tasman bubble, says PM

Report from RNZ A group of government and business representatives will early next month deliver a blueprint on how a trans-Tasman bubble could work.

McLaren To Axe 1,200 Jobs, More Than A Quarter Of Its Workforce

The coronavirus pandemic is forcing McLaren to scale down by eliminating 1,200 jobs from its automotive and F1 divisions. Most of the job cuts are in UK.

LIC launches pension scheme with 10-year term policy for senior citizens

According to data, the number of folios with 44 fund houses rose to 9,04,28,589 at the end of April, from 8,97,46,051 in the end of March, registering a gain of 6,82,538 folios.

PMVVY scheme modified! Senior citizens can get Rs 18,500 per month pension for 10 years

In the Modified PMVVY, the interest rate will keep varying depending on the financial year in which the investment is made.

Missing power goals again! Thermal plants all set to miss 2022 pollution target

With two years to the deadline, just 97 GW of the coal-fired capacity is in compliance with particulate matter (PM) standards, while upgradation is underway in 14 GW and a mere 16 GW of capacity is in compliance with SO2 norms.

Big companies to get bigger after Covid: BofA Securities

The infrastructure and real estate sector could witness the emergence of new asset owners such as sovereign wealth funds, pension funds and private equity players.

Covid-19: Catch up to trend-GDP difficult in three years

However, this time around, things could be different, the agency said, alluding to the fact that the loss of GDP this time around could be much steeper.

E-commerce transactions grow up to 25% in second week of May

Harshil Mathur, CEO and co-founder, Razorpay, said with the situation starting to ease out in parts of the country, the payments firm has seen a spike in transactions in the last few days, particularly in e-commerce.

RBI to auction 84-day CMBs worth Rs 80,000 crore

CMBs are used to meet the temporary mismatches in the cash flow of the government. This instrument has the generic character of treasury bills but is issued for maturities less than 91 days.

Decoded! Taxation of employee stock options vis-à-vis start-ups

Book value instead of full market value should have been considered for taxation of ESOPs

Kotak Mahindra Bank set to raise Rs 7,460 crore through share sale

The bank also informed that meeting of the issuance committee of the board is scheduled to be held on May 29 to approve the issue price.

Demand for housing sector will come back in medium term, says HDFC CEO Keki Mistry

Now, historically, whenever there has been any kind of stress in the market, NPLs tend to go up in short term, but once the stress get alleviated, NPLs come down to the normal levels.

Privatisation of discoms an opportunity, says JSW Energy CEO

The scenario for FY21 will depend on economic recovery defined by three factors: how the MSMEs are going to perform, the issue of migrant labour, and the rate of spread of Covid-19, said Prashant Jain.

Bajaj Finserv: Retain ‘buy’ with fair value of Rs 7,000

Bajaj General Insurance's management will continue to focus on long-term profitability and unlike ICICI Lombard, is willing to ride volatility - a key reason for its higher exposure to crop leading to higher claims ratio and combined ratio over the past two years.

Analyst corner: Maintain ‘sell’ on D-Mart operator with TP of Rs 1,900

In FY20, D-Mart added 38 stores vs 21 in FY19. In FY21, we expect lower store adds, while in FY22, this should once again gather pace with 45 store adds.

Coronavirus Impact: Shapoorji Pallonji Real Estate bets big on digital, to redirect ad spends on digital marketing

The company plans to redirect around 50% to 60% of its ATL spends towards digital marketing which takes the tally to over Rs 10 crore

Need funds after job loss? Your life insurance policy may help you get it in an easy way

People facing job loss or salary cuts may be in financial distress and need funds urgently to meet their day-to-day expenses.

Bharti Airtel block deal: Now, Sunil Mittal’s telecom group looks to go debt-free after Mukesh Ambani’s RIL

Bharti Airtel’s promoter firm Bharti Telecom raised Rs 8,433 crore on Tuesday, selling 2.75% stake in the telecom major to institutional investors through an accelerated book building process in the secondary market.

Stock Market Investment in times of Covid-19: Time to rebalance your portfolio, stay invested for long term

Stock markets are hard to predict. The best way to time the market is to remain invested in the market.

RIL, ITC keep Sensex, Nifty under pressure; check what’s keeping investors edgy today

ITC, Reliance Industries, M&M, Asian Paints and Maruti Suzuki were among the top contributors towards today's fall

Government proposal: MSMEs may seek own insolvency

Data available with insolvency regulator IBBI show, proceedings in 2,170 cases were going on as of March 2020. Typically most of the insolvent firms are MSMEs.

Metal stocks continue to climb up amidst a volatile market; top stock picks leading brokerage firms

For a second-day straight, metal stocks on the bourses were seen surging higher despite the volatility being faced by the benchmark indices.

Kotak Mahindra Bank share price jumps 4% ahead of QIP launch; stock surges 20% from March lows

The board of Kotak Mahindra Bank had earlier approved a proposal to raise capital through a fresh issue of 6.5 crore.

TCS ‘work from home’ policy: Only one-fourth of workers to come to office; CEO explains Vision 25×25

One of India's largest software companies TCS has said that by 2025, only 25% of its total workforce will be required to come to office for work, as many companies now opt work from home policy.

Using FASTag, RuPay, UPI, AePS? This NPCI chatbot will answer your queries 24×7

NPCI said that PAi will soon be available in several regional languages of India to help increase the adoption of digital payments among Indian citizens.

Birla Corporation share price rockets 40% in two days, cement shares gain as demand picks up

Among other cement and cement products stocks, Dalmia Bharat shares surged 8 per cent and Anjani Portland Cement shares advanced 11.42 per cent.

A.O. Smith partners with FoxyMoron to enhance digital presence

The agency will be responsible for building the brand's social presence and increasing market penetration and consumer engagement

Demand for real estate to go up in post COVID-19 world: Manoj Gaur

In an exclusive interview, Manoj Gaur, MD, Gaurs Group, and Chairman, Affordable Housing Committee, CREDAI (National), talks about the impact of Coronavirus on real estate in India and shares his industry outlook.

Personal loan vs. Line of Credit: Which is better to end cash problem during Coronavirus pandemic?

A line of credit gives you access to a pool of funds from which you can draw for any personal or business-related activities.

Bankruptcy resolution: In IBC, liquidation an overwhelming outcome rather than revival

Of the total 3,774 cases admitted into CIRPs till the end of March 2020, 914 ended into liquidation, which is 24% of the total cases admitted.

Crude oil at biggest discount in over a decade; this is where Indian Oil is still buying oil from

Gulf producers such as Iraq and Saudi Arabia -- which together supplied around 40% of India’s oil imports last year -- have been offering cargoes at very attractive prices recently, Sanjiv Singh, chairman of Indian Oil Corp., said in an interview.

#ARM Worldwide bags social media mandate for MTV India

The agency will be responsible for taking care of the social media marketing strategy for MTV India

RIL, which made equities popular, inaugurates new trading venue with biggest ever rights issue

Introduced in January, the trading platform allows shareholders to sell their rights entitlement to others interested in subscribing to the share sale.

BPCL privatisation bid deadline extended; check new date

The company distributes 21 per cent of petroleum products consumed in the country by volume as of March this year.

Animal Spirits stuck at the same place as lockdown stall economic activity

The dashboard signals Asia’s third-largest economy had a dismal start to the new fiscal year from April 1, after what’s been an already disappointing beginning to the calendar year.

Lucknow-Mumbai flight passengers face delay in opening of aircraft door

There were around 40 passengers on the first flight to Mumbai after resumption of domestic flight services on May 25.

RBI’s loan moratorium may spell trouble for NBFCs looking for funds, as investors’ trust weakens

The effect of loan moratorium is expected to make a dent in the liquidity profiles of non-banking finance companies.

HDFC shares tanked with Sensex but recovery remains astray; brokerages still bullish, check target price

With a warchest of Rs 11,000 crore HDFC might be ready to battle the coronavirus pandemic but with the stock gaining only 4% so far since its March lows, the question is will the share price gain steam?

Banks, financial stocks help Sensex, Nifty rise over 3%, check what propelled the rally on D-Street

Axis Bank was the top Sensex gainer, ending the session with a growth of 13.46 per cent. While Sun Pharma was the top Sensex laggard, after reporting Q4 earnings which were below expectations

Natural Calamity Insurance: Here is how to make insurance claim in case a natural calamity strikes

Policyholders should take all possible steps to avert further damage. As insurance companies do not allow policyholders to make a profit out of a claim, therefore, any exaggeration of a claim will not be entertained. 

Chyawanprash sales jump 4 times due to coronavirus, says Dabur; key takeaways from Q4 results

As the coronavirus pandemic hit billions of lives, consumers’ renewed focus on immunity boosting and healthcare brands has led to FMCG major Dabur witnessing an exponential growth in the sales of its chyawanprash range.

Sagnik Ghosh joins Liqvd Asia as managing partner

Ghosh will help build the communication across verticals like media planning and buying, performance marketing, brand strategy

SBI Home, Personal Loan EMI moratorium extended by three months! Bank notifies customers

SBI today said in a statement that it has also proactively reached out to all of its eligible loan customers to obtain their consent to stop their Standing Instructions

PGCIL Recruitment 2020: Jobs alert for Power Grid Corporation vacancies; check application details

PGCIL or Power Grid Corporation of India Limited is a Maharatna company which falls under the Ministry of Power, Government of India.

Migrant workers return to job market: Employment condition may soon revive as job hunt begins

A stable unemployment rate and a rising labour participation rate imply an increase in the employment rate.

MSMEs set new world record for largest online business lesson

The attempt created a new world record for the largest online business lesson, involving 18,693 unique viewers for 30 minutes.

Thanks to Covid, India shows highest surge in preference for e-commerce among these top nations

The hygiene and risk factors have contributed to the increased adoption of e-commerce channel among customers who have either been inactive in digital buying or preferred traditional channel for touch-and-feel factor before making purchases.

50 per cent job seekers enhancing skills in lockdown for better career opportunities: Survey

The country imposed a nationwide lockdown on March 25 to contain the coronavirus pandemic that has been extended thrice to May 31.

‘Atma Nirbhar’ MSMEs: How govt measures will enable them for long-term sustainability, profitability

Ease of doing business for MSMEs: In current times, where the mere survival of the MSME sector is at stake, Atma Nirbhar Bharat Abhiyan intends to address the needs of the MSME sector.

Coronavirus Impact: 72% consumers want to buy from locally sourced items going forward: Deloitte Consumer Tracker Report

Consumers are carefully evaluating needs versus wants of products and services making a shift towards less discretionary purchases

Covid-19 effect: Deloitte consumer survey shows change in spending pattern over last six weeks

Around 51% of the respondents feel the trend of online buying and pick-up in-store is a safer option, while 37% respondents feel that it is faster than shopping in the store.

Workplace norms after Covid-19 outbreak: Preparing for the new normal

The need of the hour is to rethink organisational transformation, ensure the safety of our employees and re-align operations to help our customers

ETF route: Bharat Bond to help CPSEs raise Rs 34,000 crore in FY21

Debt mobilisation via this route might rise to Rs 50,000 crore or higher in FY22

Post Covid-19 lockdown, hospitality sector to see steep credit stress: Icra

“The demand has declined to the lowest levels that the industry has ever witnessed; it is clear that this is the biggest crisis ever by the sector,” Icra said.

Combating economic downturn post Covid-19 pandemic: Sync trade and FDI policies

Revise the existing institutional mechanisms for trade and investment policymaking to make policies more coherent and inclusive

No need to worry about food inflation for six months, says expert

The buffer stock has been procured by the government at Rs 37 per kg and Rs 27 per kg for wheat, and this is sold through PDS at Rs 2-3 per kg, which involves a huge subsidy, he said.

Rs 20 lakh crore Covid-19 relief package: Missing demand

The package has a large role for RBI, with 40% of the amount mentioned being provided as liquidity by the central bank.

European Stimulus Plan Gives Markets More Momentum

Rising tensions with China did not dull the effects of a new fiscal stimulus proposal in Europe on markets, which

Europe Proposes $823 Billion Pandemic Aid Package

To bring a divided and battered continent together, the chief executive of the European Union on Wednesday laid out an ambitious $823 billion plan to help Europe recover from the coronavirus pandemic and move toward a greener and more technologically advanced future.

Sainsbury's massive sale starts today with clothes for £1

Sainsbury's up to 70% off sale launches across stores today with huge savings to be made

Mcdonald's explains why it has removed popular items from menu

With restaurants gradually reopening some fans may be disappointed to find they can no longer order their favourite meal

Strict rules Primark fans will need to follow when stores reopen

Primark stores will look very different with changes to how customers shop and browse items

New Wetherspoons pub plan approved for Merseyside

The plan represents a £2.2m investment in the town

Liverpool ONE reopening with one-way walking lanes & reduced hours

There will be strict limits on the number of customers allowed in stores at one time too

Small talk is a big loss

The ECHO's Print Editor tells it like it is...

IGNOU June Term-End exam form deadline extended until June 15

Earlier the deadline to submit the June TEE exam form was May 31 which has now been extended.

Locusts are an excellent source of protein, but eating them is no longer a good idea

Some have suggested consuming the grasshoppers to manage the locust swarm in parts of Asia and Africa.

Hima Das, Neeraj Chopra resume outdoor training at Sports Authority of India centre in Patiala

The training took place in strict compliance with the health guidelines of the government and the Standard Operating Procedure unveiled last week.

Cyclone Amphan is the latest reminder that India needs to upgrade its disaster management systems

In 2019, India saw five million new internal displacements caused by climate disasters.

Covid-19: Kent RO withdraws ad against house helps kneading dough, issues apology

The healthcare products company had claimed that their machine should be used to knead dough as ‘her hands may be infected’.

Air apparent: Hungarian carrier Wizz targets Gatwick hub to take on Ryanair

Wizz Air is plotting a major expansion at London Gatwick as rival carriers pull back, paving the way for the Hungarian low-cost carrier to emerge from the travel downturn with a bigger presence in the world's busiest city for passenger traffic.

Auto Trader to offer 25% discount as it starts trading from June 1

Auto Trader has said it will slash its prices in June as the Government allows car dealerships to open again.

Hibernia ‘confident’ in the Dublin office market as it experiences ‘modest’ fall in rent collection

Kevin Nowlan, the chief executive of listed landlord and developer Hibernia Reit, said the company “remain confident” in the long-term prospects of central Dublin’s office and residential market.

Country’s largest private landlord currently ‘cannot foresee’ Covid impact

Ires Reit, the country’s largest private landlord, currently “cannot foresee” the impact the coronavirus will have on the company.

Hammerson boss quits weeks after group loses €449m deal

The boss of Dundrum Town Centre co-owner Hammerson has announced plans to step down weeks after a £400m (€449m) deal to sell several sites fell through.

ICare set to buy 23 homes to avoid families being evicted

APPROVED housing body iCare has negotiated a multi-million euro loan facility from AIB to allow it to buy more homes from distressed mortgage holders.

Glanbia announces biodiversity payment to suppliers

Glanbia Ireland has announced a 0.20c/L payment to boost biodiversity on dairy farms.

IALPA pushing Dublin-based CityJet to retain its 57 pilots as they face redundancy

The Irish Airline Pilots’ Association (IALPA) is pushing Dublin-based CityJet to retain its 57 pilots here as they face redundancy.

Brisbane City Council's CEO offered another four years

Colin Jensen, who became chief executive in 2010, will stay on at the council until 2024.

Another two Grow Super staff stood aside amid Dally M scandal

Two staff at Grow Super have been stood aside amid a police probe into a betting plunge on the Dally M.

'Gold Coast stuff': Fears over Treasury Square development

There are fears a $2 billion development at Treasury Square could overshadow Birrarung Marr after the state government sought to sell the land before finalising planning controls.

Low-income families are spending more on food since March, says report

Low-income families have increased their spending on food by more than 30% since March when the national Covid-19 lockdown began, writes Ground Up.

Limpopo launches Covid-19 response plan after cases surge in mining towns

The Limpopo government has launched a Covid-19 surge plan as the number of cases continue to rise, especially in mining areas.

Bike-sharing services get commuters to drive less

When bike-sharing services open in cities, more people start to commute by bicycle and take public transit, new research shows.

Energy investment on pace for record decline, IEA analysis says

May 27 (UPI) -- Global energy investment could sink to its lowest level in history due to fallout from the coronavirus pandemic, the International Energy Agency said in an annual report Wednesday.

EU proposes $825 billion COVID-19 'Recovery Plan for Europe'

May 27 (UPI) -- The European Union on Wednesday proposed a $825 billion stimulus plan to help stabilize member states amid a recession brought on by the COVID-19 crisis.

Walmart partners with online fashion reseller thredUP

May 27 (UPI) -- Retailer Walmart said Wednesday it's partnering with consignment company thredUP as a measure to boost online fashion sales.

Boeing sends layoff notices to more than 6,000 employees

May 27 (UPI) -- Boeing said Wednesday it is laying off more than 6,000 employees in the first phase of its plans to reduce its workforce by 10 percent as the airline industry reels from the coronavirus pandemic.

Italy-bound flight returns to Germany due to closed airport

May 27 (UPI) -- A flight that departed from Germany landed at the same airport four hours later because the intended destination hub in Italy was be closed.

Buy Birla Corporation; target of Rs 610: ICICI Direct

ICICI Direct is bullish on Birla Corporation has recommended buy rating on the stock with a target price of Rs 610 in its research report dated May 26, 2020.

Buy USDINR; target of 76.00 - 76.20: ICICI Direct

ICICI Direct The rupee again approached its sizeable Call base of 76. We feel a close above these levels would open the gates for more upsides. However, looking at the consolidation in Dollar index we feel, the rupee will remain in a range.

Hold Firstsource Solution; target of Rs 31: ICICI Direct

ICICI Direct recommended hold rating on Firstsource Solution with a target price of Rs 31 in its research report dated May 27, 2020.

Natural gas futures up 0.54% in evening trade

In the futures market, natural gas for June delivery touched an intraday high of Rs 150,30 and an intraday low of Rs 146.80 per mmBtu on MCX.

Silver futures dip 0.44% in afternoon trade

In the futures market, silver for July delivery touched an intraday high of Rs 47,847 and a low of Rs 47,370 per kg.

Sell Thyrocare Technologies; target of Rs 307: Prabhudas Lilladher

Prabhudas Lilladher is bearish on Thyrocare Technologies has recommended sell rating on the stock with a target price of Rs 307 in its research report dated May 27, 2020.

French optical maker Essilor bets on business rebound as India eases COVID-19 lockdown

Along with its associate companies, Essilor employs 5,000 people in India and exports optical products to Europe, the US and Canada.

IATO urges tourism minister to provide financial stimulus for sector

IATO has also asked for special collateral free and interest free long-term loans (5-10 years) to be provided to the tour operators for revival of business and aggressive marketing, the statement said.

Zinc futures down on muted demand

On the Multi Commodity Exchange, zinc for delivery in May declined by Rs 2.80, or 1.74 percent, to Rs 158.05 per kg in a business turnover of 1,513 lots.

UCO Bank slashes lending rate by 40 basis points

The government expects banks to reduce lending rates, which is required to kick start the economy hit hard by the coronavirus-forced lockdown, among other factors.

Ola Financial Services raises Rs 205 crore from Matrix Partners, others

Gemini Investments LP, Arun Sarin's family office, and Alpha Wave Holdings also participated in the round, according to the documents.

Oil slides on US-China tensions, doubts about Russian output cuts

The group known as OPEC+ is cutting output by nearly 10 million barrels per day (bpd) in May and June. Some question whether it will continue to do so as demand recovers after many countries ease coronavirus lockdowns.

G R Chintala takes over as NABARD chairman

Chintala replaces H K Bhanwala, who headed the organisation for more than six years.

Brokerages upgrade these 15 stocks to buy, expect 11-75% returns in a year

This war between USA & China may intensify further & may take ugly shape going forward, which may change World Power Equation post-COVID-19 era, Amit Jain of Ashika Wealth Advisors said.

‘Certainly not an eye-wash’: Nobel-winning economist Abhijit Banerjee on Centre's Rs 20 lakh crore stimulus

The Nobel laureate has voiced hope that the Centre's economic relief package will boost the supply side which will drive economic recovery.

Coronavirus lockdown: JSW Sports, owners of IPL and PKL teams, see 30% impact on business in 2020

The impact of not having IPL this year will be big as the league is a massive P&L (profit and loss statement) for the company, said the JSW Sports CEO

The going will get tougher for the Indian automobile sector; here's why

In the long run, more solid reforms might be needed to help auto sector be able to walk without the crutches that government might be able to give it.

Torrent Pharma Consolidated March 2020 Net Sales at Rs 1,946.00 crore, up 4.85% Y-o-Y

Vestapace to launch 35 satellites for 5G network in India, eyes commencing operation by 2021

Vestaspace Technologies founder and CEO Arun Kumar Sureban said a beta version of the next-generation satellite constellations is planned for September 2020, besides the launch of a fully operational constellation of satellites in early 2021 into 'Low-Earth-Orbit or Geosynchronous Equatorial Orbit'.

Paytm allows Vodafone Idea feature phone users to recharge using UPI

Paytm said it has partnered Vodafone Idea and National Payments Corporation of India (NPCI) to allow feature phone users to recharge their numbers using UPI.

The art of digital networking – Five simple steps

Meaningful networking can be highly beneficial for personal and professional growth for finance executives. Hence, networking intelligently is important. Even in a lockdown.

Nine CFO priorities in the time of COVID-19

There has to be an optimal mix of strategy for sheer survival and ambitious growth in these unusual times of lockdowns, demand collapse and destroyed cash flows. Here is a brief overview of what is on the mind of the CFO as they help their businesses navigate this crisis.

Cash holdings of PMS schemes decline in April: Report

However, 13 PMS schemes also recorded an increase in cash holdings in April over March

Aditya Birla Fashion and Retail posts Q4 net loss of Rs 146.59 crore

Revenue from operations during the quarter under review stood at Rs 1,831.88 crore. It was at Rs 1,915.31 crore in the year-ago period, ABFRL said in a regulatory filing.

HDFC AMC marks down value of Essel Group NCDs by Rs 120 crore: Report

HDFC AMC had marked down Rs 120 crore due to the drop in share prices of ZEE and Dish TV, which were used as collateral by Essel group.

Planning to invest now? Here’s how you can build a Rs 5,00,000 ‘Atmanirbhar' portfolio

Investors should ideally place small amounts in different sectors to take advantage of the multiplier effect which the economic package could have over a period of time.

D-Street Buzz | Fertiliser stocks trade higher; Bayer CropScience, Coromandel International hit 52-week high

Coromandel International's consolidated net profit surged 96 percent year-on-year to Rs 235 crore in March quarter of FY20 against Rs 120 crore of the same quarter in the previous financial year.

KPIT Technologies Q4 net profit rises 23.3% to Rs 38.1 crore

Its revenue from operations stood at Rs 556.2 crore in the reported period, up 10.9 percent from Rs 501.2 crore in the March 2019 quarter, it added.

In pics | Economic impact of coronavirus pandemic in India as per CRISIL

Highlighting the grave economic impact of COVID-19, Crisil has said India is staring at its worst recession since Independence. Here are its impact on key indicators

COVID-19 impact | IDFC First Bank announces pay cuts for senior management

IDFC First said its senior management has volunteered to take a 10 percent cut in compensation for 2020-21.

Petronas eyeing India's ACME Solar assets worth Rs 450-500 crore: Report

Petronas will likely conduct the deal worth Rs 450-500 crore through its Indian arm Amplus Energy Solutions

A match made in heaven: How Vows for Eternity is redefining confidential matchmaking for global Indians

Headquartered in New York City with an established presence in Mumbai, Delhi, London and Dubai, Vows for Eternity is a global, confidential and personalised matrimonial search firm that brings life partners together based on mindsets, values and personalities

Slideshow | Gainers & Losers: 10 stocks that moved the most on May 27

Among Sectors, Nifty Bank rose 7 percent followed by IT, metal and energy space, while pharma index ended marginally lower.

Nickel futures slide on tepid demand

On the Multi Commodity Exchange, nickel contracts for May delivery traded down by Rs 8.50, or 0.92 percent, to Rs 920.40 per kg with a business turnover of 29 lots.

Sensex jumps 1,000 pts, Nifty above 9,300; 4 key factors behind the rally

Experts indicate that the bargain hunting in banks and financial counters gave a fillip to the market.

India should avoid understanding Beijing through 'biased' US lens, says Chinese strategic analyst

In the article, he also accused India of starting the latest standoff, alleging that it was a

Slideshow | UPL and Bajaj Finserv among 15 buying ideas with 13-84% upside

Here are the top 15 stocks, in which brokerages are expecting 13-84 percent upside:

Arogya Sanjeevani: Low-cost insurance, but a regular health cover works better

Existing health insurance plans offer far more features and benefits, but come with higher premiums

Coal India arm MCL reports 42.6% growth in overburden removal

The development assumes significance as Coal India (CIL) has shifted its focus to overburden removal - the process of removing the top soil and rock to expose coal seams in its open cast mines - on account of slump in coal demand.

SAT test now optional for US university admissions; Indian test-prep institutes feel the heat

For students, especially from non-native English speaking nations, the SAT is used to test the ability to read and comprehend university-level programmes

Aditya Birla Fashion & Retail plans Rs 1,000 crore rights issue

Aditya Birla Fashion & Retail is the country's largest pure-play fashion and lifestyle player with a strong bouquet of fashion brands and retail formats with a network of over 3,040 stores, and presence across 25,000 multi-brand outlets across the country.

BPCL privatisation bid deadline further extended until July 31

While the Cabinet had in November last year approved the sale of government's entire 52.98 percent stake in BPCL, offers seeking expression of interest (EoI), or bids showing interest in buying its stake, were invited only on March 7.

Titan Company shares down 2% as COVID-19 hits businesses

The company said the lockdowns posed challenges to all its businesses.

Tata Investment Corporation posts net loss of Rs 36.75 crore in Q4 FY20

Total revenue from operations in the quarter under review stood at Rs 21.41 crore as compared to Rs 24.59 crore in the corresponding period a year ago.

It is India's hour to shine, but will it?

If India manages to overcome its long-pending issues around multiple approvals, licenses, permits, an overload of documentation and reporting, then India has a chance to leave an indelible mark on global trade in the coming decade.

Dabur's Q4 net profit falls 24% YoY; domestic volume declines at 14.6%

Consolidated EBITDA stood at Rs 352.3 crore against CNBC-TV18 poll of Rs 475 crore while EBITDA margin came at 18.9 percent against CNBC-TV18 poll of 21.8 percent.

Future Lifestyle Fashions share price down 2% as board mulls fund-raising plan

Future Group faces high promoter debt, sharp fall in share prices and cash flow woes, all of which have been exacerbated by the COVID-19 outbreak.

Israel Rejects Chinese Bid to Build World's Largest Desalination Plant

Under U.S. pressure, Israel has appointed a local company to construct Sorek 2, a desalination plant that is set to become...

Gretchen Whitmer’s Construction Ban Had Devastating Impact on Michigan Jobs

Gov. Gretchen Whitmer’s decision to ban most residential construction contributed to Michigan's second highest in the nation unemployment rate.

Dow Up More Than 500 Points on Economic Confidence

Shares of retailers like Macy's, Kohl's, and the Gap rose sharply as investors cheered evidence that the economy is recovering. | Economy

Mercedes-Benz to introduce 10 new models in 2020, unveils two AMG models at ₹1.33 crore & ₹2.48 crore

These two are the additions to the Mercedes-AMG portfolio in India.

Mercedes-Benz plans 10 new models to spur demand

Digitally launches two vehicles in AMG segment

Lockdown presents mixed fortunes for Prakasam farmers

Paddy, Bengal gram, maize growers saw gains, while tobacco and chilli cultivators faced hard times

Lockdown-hit farmers in Prakasam press for loan waiver

The All India Kisan Sangharsh Coordination Committee in Prakasam district has urged the Centre to announce a special financial package for farmers who are struggling to cope with the lockdown imposed

Officials’ panel to inspect Nanjangud pharma firm

Pre-operation procedures start

Sensex surrenders opening gains, drops over 60 points; Nifty near 9,000 level

NSE Nifty fell 13.70 points.

Ola Electric acquires Netherland-based scooter-maker Etergo

While the company did not share the financial details of the deal, according to industry estimates, Etergo was valued at about $80-85 million last year

Rupee settles 5 paise lower at 75.71 against US dollar

The rupee opened weak.

Jewellery manufacturers call for opening of showrooms in Coimbatore

In a memorandum submitted to the Collector, the Coimbatore Jewellery Manufacturers Association said that while the small jewellery shops are open, the bigger showrooms remain shut

Changing balance across LAC trigger for stand-off, says China expert Taylor Fravel

China is likely responding to what it sees as a challenge to its position, he opines

Potato wholesale trade remains low in Mettupalayam

Traders say demand has dipped, and supply to Kerala, disrupted due to the lockdown, is yet to pick up

Liquor sales in Kerala likely from Thursday

The Kerala government is all set to resume the sale of legal alcohol from Thursday.It hopes to restrict people from queuing up at liquor shops by deploying a mobile phone application, Bev Q. The softw

Rupee settles 5 paise lower at 75.71 against US dollar

The rupee depreciated 5 paise to settle at 75.71 (provisional) against the US dollar on Wednesday, as market participants were concerned about rising tensions between the US and China amid coronavirus

Staffing giants join forces to decode COVID-19 puzzle

Give a clarion call: ‘Help India Get Back to Work Safely’

Tokens for free June rations to be distributed from May 29

In a an official release on Wednesday, Chief Minister Edappadi K. Palaniswami said the tokens would bear the specific date and time of when consumers could go to their ration shops and get their supplies from June 1

Flying high: How young pilot Aswini helped transport essentials during lockdown

The 27-year-old recalls how challenging the last couple of months have been

COVID-19: Going local, with help for the farmer in Kerala

A group of women entrepreneurs in Kerala forms a Facebook group to help local farmers sell their produce

Lukewarm turnout at liquor shops not a cause for comfort

KARAIKAL Though there was no overcrowding in front of the IMFL, arrack and toddy shops in Karaikal on Monday and Tuesday, purportedly due to the price hike, social activists express apprehensions that

CBI books rice mill, three directors in ₹100 crore cheating case

The directors of the rice mill allegedly obtained credit facilities from the SBI’s commercial branch in Haryana’s Karnal by misrepresentation of facts, says a CBI spokesperson

Rodents compound woes of traders

Their population has seen manifold increase in closed showrooms

6 employees accused of cheating BPO of ₹4.8 crore

A BPO servicing international clients filed a case against six of its executives for cheating the company of ₹4.8 crore. In his complaint, the administrator of the BPO, which has offices in Whitefield

Tata Power plans to add 700 MW in renewable energy

Enhances renewables portfolio by 7% to 3,833 MW

Loans to MSMEs may get ‘risk-free’ tag

On FinMin nudge to RBI, banks may not need to set aside capital; Centre expecting less than 15% NPAs

Shiva Texyarn launches reusable ‘Smiley’ masks

Firm producing 10,000 pieces a day

50% are likely to increase online spends: Survey

Nearly half of the consumers in India are likely to increase their spending on the online shopping platforms, even for traditionally offline categories such as vitamins, supplements, fresh food, home

Sensex rises 1,000 points as banking stocks shine

Axis Bank leads pack with 13.46% gain

Sun Pharma Q4 profit declines 37%

Sun Pharmaceutical Industries Ltd. has reported 37% drop in consolidated net profit for the fourth quarter ended March 31, 2020 at ₹400 crore as compared to ₹636 crore in the same period last year. Th

IHCL goes for enhanced safety and hygiene for opening hotel post lockdown

As part of its strategy to open its hotels after lifting of lockdown, Indian Hotels Company Ltd. (IHCL) has decided to use industrial strength disinfectants at common and high-touch areas of hotels li

Amalgamations’ auto parts unit to cut pay

May trim headcount also

FCI transports huge amount of grains by rail

The Food Corporation of India (FCI) has transported 3.42 lakh metric tonnes of food grains by train to West Bengal, Kerala, Tamil Nadu and Karnata during the lockdown, said FCI AGM (General) B. Ranga

Low rates, poor demand hit jasmine growers

Though the sale of Udupi Mallige or Udupi jasmine started about a month ago, growers say that they are getting low rates, while flower sellers say that the demand is poor on account of lockdown restri

Over 8 lakh Tirumala laddus sold in three days

Anantapur and Kadapa districts top the list in sale figures

Don’t let differences shade ties, says China’s Ambassador Sun Weidong

India and China have kept up “close communication and cooperation” since the COVID-19 outbreak, said China’s Ambassador to India Sun Weidong, adding that he was “impressed” by India’s handling of the

Rise in fake posts spreading COVID-based canards: CM

Fake social media posts targeting individuals in the name of having contracted COVID-19 is on the rise, Chief Minister Pinarayi Vijayan said on Wednesday.In Alappuzha, a set of miscreants attempted to

European Union unveils €750 billion economy rescue plan

Bloc will borrow funds from the market and disburse them in loans and grants.

Hospitality sector in the Nilgiris may see 70% slide in revenue

Lockdown coincided with peak season for tourism

SBI customers to SMS ‘yes’ for moratorium

State Bank of India’s (SBI’s) customers will be able to avail loan repayment moratorium facility by simply responding to an SMS from the bank, the lender said.The bank will send an SMS to customers,

FCI lauds Telangana’s paddy procurement for Central pool

Telangana contributed 52.23 lakh tonnes of the 83.01 lakh tonnes procured at the national level

Survey underlines job loss, drop in earnings during lockdown

It reveals that 73% of around 870 respondents in State have lost their jobs

FlyDubai delays cargo flight plans

‘Kongu region has a variety of sectors with cargo potential’

Foodgrains procurement centres to close by May 31

CM tells Agriculture dept. to focus on crop season from June

Discom reduces T&D losses to 6.64%, says CMD

‘Steps have been taken to solve problems of consumers’

Profit of Tube Investments at ₹74 crore

Tube Investments of India Ltd. (TIIL) has posted a standalone net profit after tax of ₹74 crore for the fourth quarter ended March 2020, including an exceptional item of ₹22 crore.TII had recorded a n

Paid lodging may soon be an option for transit passengers at Chennai aiport

Government considering setting up facility where they can stay during layovers

Seven more positive cases in Alappuzha

Biggest single-day spike in cases in the district

‘Pass on repo rate reduction to realty sector’

CREDAI writes to Governor of Reserve Bank of India

Helping supply chains recover

Not a fiscal stimulus, but cutting government expenditure, removing price controls, and opening up trade will help

Markets begin cautious return to normalcy

Gold, textile, footwear shops in Srikakulam and Vizianagaram open for business after two months

Consumers can now book LPG refills on WhatsApp

A company source said since many consumers were comfortable using the messaging application on their smart phones, the company was offering this option too.

Ritchie Street shoppers park on Anna Salai, hinder traffic flow

Lanes leading to the electronics hub have been barricaded

On third day, 41 flights operated at Shamshabad

There was slight improvement in the flight movement at the Rajiv Gandhi International Airport (RGIA) in Shamshabad on Wednesday with about 21 departures and 20 arrivals on the third day of the commenc

Slum project gets corpn. nod

The ₹19-crore initiative to be implemented in three areas of West Kochi

G.R. Chintala is new chairman of NABARD

G.R. Chintala is the new chairman of the National Bank for Agriculture and Rural Development (NABARD). He has served in various capacities in the bank, including as managing director, NABARD Financial

6 contract workers at TISS lose jobs; union calls it immoral

Lease of 2 off-campus hostels where they were employed ends

Digital strategies key for retail to survive a shifting consumer landscape

The world is in unchartered territory and as many businesses face the harsh reality of lockdown, we are beginning to accept that jobs will be lost, orders will be cancelled, and many doors will not be reopened.

Digital strategies key for retail to survive a shifting consumer landscape

The world is in unchartered territory and as many businesses face the harsh reality of lockdown, we are beginning to accept that jobs will be lost, orders will be cancelled, and many doors will not be reopened.

Intel tweaks its stock cooler for the first time in years: still no match for AMD's Wraith coolers and nowhere near good enough for the Comet Lake S i9-10900K

After nearly a decade of rehashing its stock cooler, Intel's finally made substantial (although entirely cosmetic) changes to its stock cooler design for a limited number of Comet Lake S SKUs.

The US gaming headset market is found to have hit new heights as of April 2020

A new market research report states that the gaming headset sector broke records in terms of US retail sales in April 2020. This study also found that 8 of the 10 best-selling devices in this category were from the brand Turtle Beach. Of these, its Stealth 600 has accrued the most revenue in 2020 so far.

Burger King debuts 'social distancing crowns' in Germany

Burger King wants its customers to enjoy eating their food safely - hence why they've come up with a smart idea: social distancing crowns.

Air Canada to resume flights to Phoenix in August

After nearly a month of closures due to the Covid-19 pandemic, Air Canada has resumed flights to and from the United States, with service to Phoenix Sky Harbor International Airport set to resume in August.

Valley company starts production on Sheriff Joe Arpaio TV docu-series

Former Maricopa County Sheriff Joe Arpaio will be the subject of an upcoming TV docu-series, which will look at his life and the controversies around his 24 years as sheriff.

Banner Health invests in firm that gained attention as domestic PPE manufacturer

Phoenix-based Banner Health is joining 14 other health care systems nationwide in acquiring a minority stake in a personal protective equipment manufacturer that garnered national attention for its co-owner’s warnings of America’s PPE shortage and the paucity of domestic manufacturers.

Primark's new rules for when stores reopen

Shops will be allowed to welcome back customers in England from June 15

Morrisons to launch shop selling just clothes and homeware

It will be a 'one-of-a-kind' store - a branch without the usual groceries

The places in Wales which have received the most money from Welsh Government business grants during coronavirus crisis

£639m has been given to businesses in Wales

Mums are 'taking on more housework than dads' during lockdown

Mums are also more likely to have quit or lost their job, or to have been furloughed, since the start of the lockdown, it is suggested

Iceland offers 20 per cent shopping discount to NHS staff

The exclusive deal is available to frontline staff from June 1-7 as a thank you to medics for their hard work in fighting the pandemic

Airbus experts examine plane crash site

Global pilots’ body seeks technical probe in accordance with international standards.

The Real Reason This Market Is Defying Gravity

Stocks Analysis by Jani Ziedins covering: S&P 500. Read Jani Ziedins's latest article on Investing.com

Wall Street Close: Bulls holding the reigns still and defying gravity

US benchmarks impressed yet again on the bid as a classic case of fear of missing out could well be drawing the less committed, or late decision-makin

JP Morgan's chief economist optimistic about Taiwan's growth

Global investment bank forecasts Taiwan will have better financial rebound than most of world

Taiwan to announce domestic travel subsidy measures next week

Minister says budget for domestic travel measures will be increased to NT$3.9 billion

Taiwan economic development to focus on six areas

The National Development Council (NDC) has proposed strategies for boosting Taiwan's economic development, focusing on six areas: Semiconductor, biotechnology/medical care, digital transformation, satellite communication devices, cybersecurity, Internet infrastructure.

Raising IC self-sufficiency increasingly difficult for China

US vendors remain dominant players in the global front-end semiconductor equipment market segment, which will be a critical factor blocking China's ambition of raising self-sufficiency for ICs, according to industry observers.

Chang Wah to double QFN leadframe capacity in 2020

Leadframe specialist Chang Wah Technology (CWTC) has disclosed plans to expand production capacity for QFN (quad flat no-lead) leadframes at its factory sites in China and Taiwan this year.

Largan sells China plant

Smartphone-use lens module maker Largan Precision has taken a major step in expanding capacity in Taiwan by remitting back about NT$11 billion (US$367 million) in income from selling its Suzhou, China plant.

Server PCB makers see bright shipment prospects for 3Q20

Server PCB specialists Tripod Technology, Gold Circuit Electronics (GCE) and Allied Circuit have seen clear order visibility through the end of July and are optimistic that their shipments for servers and networking equipment will remain robust throughout the third quarter, according to industry sources.

Second Iranian Oil Tanker Arrives At Venezuela's Largest Refinery

A second Iranian tanker carrying gasoline and oil derivatives has arrived at crisis-stricken Venezuela's main oil refinery, amid escalating tensions between Washington and the two U.S.-sanctioned countries.

The Daily Chase: RBC, BMO Q2 profits sink; Huawei CFO hearing

Royal Bank Canada and Bank of Montreal saw their profits cut in half in the fiscal second quarter, and missed expectations in the process, as provisions for credit losses ballooned at both institutions.

Ontario extends COVID-19 emergency orders until June 9

Current orders include the closure of playgrounds, swimming pools and bars and restaurants except for take-out and delivery.

Boeing starts job cuts with 6,770 layoffs in U.S. this week

Boeing Co. unveiled the first of its planned job cuts, saying it would notify 6,770 employees in the U.S. this week that their positions would be eliminated.

Goldman Sachs warns global economic recovery could be bumpy

The global economy could be in for a bumpy ride as lockdowns tied to the COVID-19 pandemic begin to ease, especially if governments start to pull back on stimulus programs, Goldman Sachs Group Inc. President John Waldron said.

Fed catalogues devastation wrought by pandemic on U.S. economy

The coronavirus deeply damaged the U.S. economy in recent weeks, with “steep” job losses and business closures, a new Federal Reserve report said.

A comeback in U.S. shale is at least a year away: Precision Drilling CEO

Even if the economy continues to recover and a second wave of the pandemic is less damaging than the first, U.S. shale drillers may still take at least a year before moving rigs back into the field, according to the leader of an oilfield-services company.

Investors pile into stocks that win in a full economic recovery

Signs are multiplying in the stock market that investors see the recovery from the coronavirus taking hold.

Samsung Pay unveils its first debit card in partnership with SoFi

Samsung Money by SoFi combines a cash management account with no account fee and a Mastercard debit card with exclusive benefits.

Ryanair to launch Scots flights to Europe by July with routes to Spain, Italy and Portugal from £15.99

RYANAIR is set to launch Scots flights to Europe from July onwards, with routes to popular destinations such as Spain and Portugal. The low-cost airline will restart journeys to the mainland on Jul…

Macron's $8.8 billion plan would make France Europe's top clean car producer

President Emmanuel Macron announced an 8 billion euro (7 billion pounds) plan on Tuesday to make France the top producer of clean vehicles in Europe and urged French carmakers to make vehicles in their own country. French car plants are only just starting to rev up production after the coronavirus lockdown, which hit the auto sector badly, and Macron wants to accelerate the transition to electric cars to help revive the industry. "We need a motivational goal: make France Europe's top producer

Oklahoma oil prices and drilling report for May 27, 2020

Oklahoma crude oil prices as of 5 p.m. Tuesday: Oklahoma Sweet: Sunoco Inc. — $30.75 Oklahoma Sour: Sunoco Inc. — $18.75 Oklahoma oil and gas drilling activity posted May 11: COMPLETION Blaine: Paloma Operating Co. Inc.; Hammerhead 20-15N-10W No. 3MH Well; NE1/4 NW1/4 NW1/4 NW1/4 (BHL) of 20-15N-10W; 627 barrels oil per day, 816,000 cu-ft gas per day, TD 16,227. Carter: Mack Energy Co.; SW Wildcat Jim Deese Unit No. 7-1 Well; NW1/4 SW1/4 SE1/4 SW1/4 of 06-02S-02W; 1 barrels oil per day, TD 4,372. Kingfisher: Paloma Operating Co. Inc.; Sand Hills 25-15N-6W No. 3MH Well; E1/2 SW1/4 SW1/4 SW1/4 (SL) of 24-15N-06W; 216 barrels oil per day, 52,000 cu-ft gas per day, TD

Oklahoma County marriage, divorce records for May 27, 2020

MARRIAGES Caitlyn Rae Crosby and Pablo Villa Vazquez Jessica Eileen Lindsey and Shelby Sky Walker Leigh Anne Fogle and Michael Wayne Wilmot Tamara Simmons and Anthony Latroit Sanders Lacey Maria Gordon and Connor Gage Billeg Bethany Gail Gryder and Betty Tran Abigale Autumn Bright and Jonathan Trueblood Liles Corie Brooke Wallace and Colby Jay Thomason Shleby Lauren Wren and Jon Thomas Roberts Kandy Delores Hooley and Joshua F. St. John Delaney Elizabeth Mills and Connor Erik Keith Amanda Marie Lovett and Ryan Richard Recher Jonnae Arion Lee Dukes and Marcus Le Andrew Reed Sang N.

Coronavirus in Oklahoma: Gasoline prices push higher as demand begins to return, AAA reports

Gas prices for drivers across Oklahoma and the nation climbed over the past week. Nationally, the average cost of a gallon of gasoline Tuesday was $1.96, while in Oklahoma, drivers were paying an average of about $1.63 per gallon for fuel, AAA officials said. About a week ago, the national average for a gallon of gas was $1.88, while Oklahoma drivers were paying about $1.55 a gallon. Tuesday’s per-gallon averages, while up, still are dramatically lower than they were a year ago (87 cents lower nationally, and 92 cents in Oklahoma). Indeed, drivers over the Memorial Day holiday enjoyed the lowest fuel costs seen over that period since 2003, officials said Tuesday.

Statistics New Zealand says job numbers fell by 37,500 in April, the biggest volume and percentage fall since its 'filled jobs series' began in 1999

Statistics New Zealand says job numbers fell by 37,500 in April, the biggest volume and percentage fall since its 'filled jobs series' began in 1999

NZ April fall largest since the filled jobs series began more than 20 years ago

New Zealand stats says total filled jobs fell 1.7% in April 2020 compared with march 2020. Job numbers fell by a record 37,500 in April 2020 amid COV

Xiaomi Smart Lock E achieves 1000% crowdfunding target in just 30 minutes

A few days ago, Xiaomi launched its new Smart Lock E for crowdfunding in China for a price of 899 yuan, which is roughly $126. While the company successfully completed the target, how it did is interesting. As per the report, the Xiaomi Smart Lock E managed to exceed the crowdfunding target by 1000 percent …

First Hawaiian Bank to reopen 7 branches | Honolulu Star-Advertiser

First Hawaiian Bank said today that six branches on Oahu and one on Hawaii island that were temporarily closed during the shelter-in-place mandate will reopen at 8:30 a.m. Monday. Branches reopening are Ewa Beach, Haleiwa, Hawaii Kai, Kaneohe, Manoa, Waianae and Waikoloa on the Big Island.

First Hawaiian to reopen 7 branches | Honolulu Star-Advertiser

First Hawaiian Bank said Tuesday that six branches on Oahu and one on Hawaii island that were temporarily closed during the shelter-in-place mandate will reopen at 8:30 a.m. Monday. Branches reopening are Ewa Beach, Haleiwa, Hawaii Kai, Kaneohe, Manoa, Waianae and Waikoloa on the Big Island.

Farmers Market Calendar: May 2020 | Honolulu Star-Advertiser

Many of Oahu’s farmers markets have closed due to the coronavirus pandemic, but some remain open, with restrictions in place to provide social distancing to protect vendors and shoppers. The situation is subject to change without notice. This list covers what’s open and what’s closed as of Tuesday. For the latest information on a specific market, call or check the websites listed. If you run a market, send updated information to Joleen Oshiro, joshiro@staradvertiser.com.

Giant batteries for electric grid are slated for Kapolei | Honolulu Star-Advertiser

A fledgling San Francisco energy storage company has snagged a big role in moving Hawaii off fossil fuel-generated electricity.

Honolulu shines in nationwide solar study released today | Honolulu Star-Advertiser

For the seventh year in a row, Honolulu topped a list of 50 cities nationwide for solar PV installed per capita; it also placed third in total existing solar PV capacity installed to date, according to a survey of 5o large urban centers released today by the nonprofit organizations Environment America Research & Policy Center and Frontier Group.

Museveni asks Ugandans to borrow from UDB for import substitution

President Yoweri Museveni has told Ugandans to borrow from Uganda Development Bank (UDB) and invest in import substitution projects. The President said the government recapitalized UDB to the tune of one trillion Ugandan shillings, with more funding expected to come from the World Bank and International Monetary Fund. He emphasized that Ugandans should borrow from the Bank and invest in import substitution economic activities. President Museveni was speaking at the commissioning of Lida Packaging Products Ltd., which produces medical and non-medical face masks located in Mbalala in Mukono District. Lida Packaging Products Ltd. is one of five manufacturers of face masks that have been certified by Uganda National Bureau of Standards (UNBS) and National Drug Authority (NDA). It produces 52,000 face masks daily.

Museveni urges Ugandan entrepreneurs to borrow from UDB

uganda development banks

Darvel group serving up food and friendship during lockdown

The Darvel Dinner ladies sprung into action before the pandemic took hold.

Plans for 100 new homes in Ferguslie Park take a step closer

Designs for Tannahill are revealed

Coatbridge care home's remorse over breach of Covid-19 social distancing rules

DJ's morale-boosting visit saw vulnerable residents dance together and share a microphone

Flat owners hit the roof after problems at Ayr factoring firm leaves some residents out of pocket

The row has left one development claiming it is owed more than £20,000 in advance payments already made.

Wishaw McDonald's drive-thru will open back up from next week

The store will open next week, after being closed for months.

Cambuslang hairdresser on why safety has to come first before resuming her business

Barbara Fraser fears her business could take a serious hit even after lockdown is eased

Clarification to a Sunday Mail article dated 10/05/20: Scots banking tycoon accused of cashing in on coronavirus

We now accept that the source of the price increases was abroad and that Wright Cottrell had no control whatsoever of these market changes.

China donates PPE to South Ayrshire carers thanks to Provost

The area faced a shortage of protective equipment

Bharti Telecom sells 2.75% stake in Airtel for INR 84 bln, to fully repay debt

Bharti Telecom, the promoter company of Indian operator Bharti Airtel, has sold a 2.75 percent stake in Bharti Airtel to institutional investors through an accelerated book building process in the secondary market. The allocation was done to over 50 accounts, with the top 10 getting two-thirds of the overall allocation. The total sale proceeds of over INR 84.33 billion (approximately USD 1.15 billion) was over-subscribed multiple times with a mix of all categories of investors, long only and hedge fund investors across geographies in India, Asia, Europe and the US, Bharti Telecom said. 

Bharti Telecom sells 2.75% stake in Airtel for INR 84 bln, to fully repay debt

Bharti Telecom, the promoter company of Indian operator Bharti Airtel, has sold a 2.75 percent stake in Bharti Airtel to institutional investors through an accelerated book building process in the secondary market. The allocation was done to over 50 accounts, with the top 10 getting two-thirds of the overall allocation. The total sale proceeds of over INR 84.33 billion (approximately USD 1.15 billion) was over-subscribed multiple times with a mix of all categories of investors, long only and hedge fund investors across geographies in India, Asia, Europe and the US, Bharti Telecom said. 

Bharti Telecom sells 2.75% stake in Airtel

Bharti Telecom has sold 2.75 percent stake in Airtel to institutional investors in the secondary market, raising over Rs 8,433 crore

I can't wait to pay off all my debt in Hardspace: Shipbreaker

A few weeks out from the June 16 Steam Early Access launch, we've got a fresh look at Hardspace: Shipbreaker, a cathartic game about slicing derelict spaceships to extract their precious innards so you can pay down a billion-credit debt. I'...

Riverside housing scheme begins with demolition of Gateshead oil depot

High Street Group is creating more than 250 riverside apartments on the former Brett Oils site

Northumberland Roman site gets rescue package to help it through coronavirus crisis

Vindolanda Trust gets loan from Lloyds Bank to help mitigate huge loss of visitor income

Aussies are heading back to shopping centres in high numbers as coronavirus restrictions start to ease, according to new data

More people are heading into shopping centres as coronavirus restrictions ease in Australia.

Companies like NAB and Westpac confirm hot desking is out as they begin returning employees to the office

The finance sector has rolled out measures for workers as they gradually return to the office.

Anant Ambani joins Jio Platforms as director

Reliance Retail’s e-commerce venture JioMart aims to tap into trend of online grocery shopping

Anant Ambani follows 2 older siblings, joins Jio as director

Anant Ambani (File photo) MUMBAI: More than five years after his older siblings were appointed to the boards of key … Anant Ambani follows 2 older siblings, joins Jio as director Read More »

N.L. warns of exodus of oil and gas industry without more federal help

ST. JOHN'S, N.L. — Newfoundland and Labrador's government is looking for a rapid answer from Ottawa on its request for aid for the offshore oil sector in light of a quickening exodus of exploration rigs from the province.

Nfld. warns of exodus

Newfoundland and Labrador's government is looking for a rapid answer from Ottawa on its request for aid for the offshore oil sector in light of a quickening exodus of exploration rigs from the province.

A person who feels appreciated will always do more than expected !

The long-term success of any company depends on the quality and loyalty of it’s employees. In this fast-paced, rapidly changing business environment in which corporate growth and profitability are critical, companies need to revamp their strategy for finding and retaining the best talent. According to research by Gallup less than 30 percent of employees say they […]

Trevor Neilson of i(x) investments: People need to get rid of the old, silly idea that capitalism must be amoral — or immoral — to produce returns

People need to get rid of the old, silly idea that capitalism must be amoral — or immoral — to produce returns. That has never been true and yet many on Wall Street believe it. Ihad the pleasure of interviewing Trevor Neilson, Co-Founder and CEO i(x) investments. Trevor is co-founder and CEO of i(x) investments, […]

Toronto's average rental price dropped five per cent in April

With rising unemployment, health fears and universities moving online, renters have avoided moving and landlords have dropped asking prices

Average fare rose by 8.21 per cent in April - NBS - The Nation Nigeria

In its Transport fare Watch report for April 2020 on Wednesday, the National Bureau of Statistics (NBS) said the average fare paid by commuters...

Netflix Stock Is a Win No Matter Where the Pandemic Goes

NFLX stock is more than just a pandemic play. The firm will likely continue to perform in the quarters ahead despite the economic downturn.

Chart Of The Day: Gold Could Rally No Matter Which Way Stocks Go

Commodities Analysis by Investing.com (Pinchas Cohen/Investing.com) covering: XAU/USD, Gold Futures. Read Investing.com (Pinchas Cohen/Investing.com)'s latest article on Investing.com

Over $500m to help digital transformation of companies

More than 32,000 people have been infected in Singapore, leaving 23 dead. The Covid-19 pandemic has wreaked havoc here and across the globe, and upended all economies. One irony, though, is that the pandemic has accelerated the drive for digital transformation among...

Latest trends in Digital Transformation of Healthcare

Digital Transformation of healthcare is helping patients in need of on-demand healthcare with Big Data and ePharmacy. Watch the latest trends

Effects of Iranian Oil Ships’ Arrival in Venezuela

Two of the five Iranian oil vessels have already arrived in Venezuela. The first one, the Fortune, docked at El Palito refinery. The arrival of the tankers in the midst...

Banned Together: Iranian Ships in Venezuela Defy US Blockade

The arrival of the Iranian fuel vessels on the Venezuelan coast shows that there is an alternative to the US-imposed "world imperative", Venezuelan analyst Sergio...

Nord Stream 2 Operator Says Sanction Threats Are Discrimination Against European Companies

MOSCOW (Sputnik) - Threats to impose sanctions against the Nord Stream 2 gas pipeline project are discrimination against European companies, the project operator, Nord...

SCO Summit, Scheduled for 22-23 July in St. Petersburg, Postponed, Source Says

MOSCOW (Sputnik) - Russia has decided to postpone the summit of the Shanghai Cooperation Organization (SCO), it could be held closer to the fall, a high-ranking source...

Most OPEC+ Nations Want No Changes in Deal Provisions Related to Cuts From July - Source

MOSCOW (Sputnik) - Most OPEC+ nations want to preserve the April conditions of the deal and reduce oil production by 7.7 million barrels per day starting July, but...

Australian LNG Exports to Chinese Market at Crossroads as Trade Tensions Intensify

A healthy bilateral relationship will be important to Australian liquefied natural gas (LNG) exports to China, which will be the only meaningful market in the coming...

TV Stations in US Caught Airing Content Scripted by Amazon – Report

The media content in question emerged ahead of the annual meeting of Amazon's shareholders where worker safety issues were expected to be discussed.

Doing the MOST: China To Build 700 Key State Labs As Tencent Invests $70bn In Post-COVID-19 Recovery

A Chinese ministry has announced plans to boost national self-sufficiency in key industries by launching efforts to build hundreds of research laboratories. The news...

Safe Sex: New Rules Poised to Help End the Swiss Brothels' Covid-19 Lockdown

Along with suggesting sex positions which allow for a maximum distance between faces during intercourse, the new rules also include a 15-minute time limit on a client's...

“Pick for Britain” is a Smoke and Mirrors Campaign – Political Commentator

According to reports, the British economy could be set to suffer a five percent annual deficit by 2024, as a result of the coronavirus pandemic. Unemployment rates are...

Boeing Cuts Jobs for 12,000 Workers in the US

Boeing has been reeling from a drop in demand for aircraft, as travel plunges amid the pandemic and worsens the pressure on the company, which was already in crisis...

Number of lone parent families in Ireland at highest level since 2012

Our single income family numbers are also well above the 16.5% EU average

Covid-19: Reopening may be gradual, segmented

Experts say measures need to be put in place to ensure no Covid-19 spike after opening economy.

Tea exports fall on Covid-19 curbs

Main market Pakistan shed seven million kilos

Kenya Airways takeover law to be out by August

Assembly team says it is on course to deliver legal framework.

ANJARWALLA & SEJPAL: Making insolvency laws in Kenya more

Covid-19 has resulted in individuals facing daunting health and economic prospects.

ANJARWALLA & SEJPAL: Employment laws and Covid-19

It will be important to seek to achieve fairness for both employers and employees.

Aga Khan Foundation hands over water projects

Sh3.8m water project funded by AKDN at Kenyenya Hospital officially launched.

Traders evicted from Kibuye market oppose fencing project

They accuse governor of taking advantage of Covid-19 situation to throw them out.

GITAHI: The case for reopening our economy

The economy must be restarted and people given their lives back.

GITU: Fine-tune reforms to make tea growing worthwhile

Start a reserve fund for marketing Kenyan tea as a quality global brand.

Karnataka set for reboot, but Covid rise a worry

The spike in Covid-19 positive cases over the last few days has become a cause for concern for Karnataka which is preparing to exit the lockdown and restart all economic activities.

Cancellations continue, blame it on low passenger load factor

Officials said the Indira Gandhi International Airport in Delhi handled around 277 flights on Tuesday, 100 short of its estimated figure.

COVID-19: At 0.46 per cent, Odisha's fatality rate among lowest in India

The recovery rate was also high at 48.25 per cent while the India average was 41.61 per cent. As many as 732 patients have recovered in the State so far. 

Triumph opens bookings for BSVI-compliant Tiger 900

The company claimed that it currently leads the premium adventure motorcycle segment in the country with its Tiger range of products.

EU Commission proposes €750bn recovery fund

The EU Commission will propose on Wednesday a €750bn recovery package, economics commissioner Paolo Gentiloni said in a tweet, calling it a "turning point" in the Covid-19 crisis. It comes on top of the one-trillion euro EU budget and the €540bn already a...

EU Commission updates working programme for 2020

The European Commission announced on Wednesday its updated work programme for 2020 as part of the EU's recovery plan. "The commission remains fully determined to deliver on its flagship initiatives, the European Green Deal and the Digital Strategy, as the...

Mix of loans and grants in Commission €750bn package

Italy and Spain, the worst-hit EU countries by the coronavirus pandemic, will get much of the new money under the European Commission's recovery plans - that mark a turning point for the bloc in moving towards joint debt.

Coinbase Set to Acquire Institutional Crypto Brokerage Tagomi

Cryptocurrency platform Coinbase announced on Wednesday it is set to acquire Tagomi, a U.S.-based institutional crypto brokerage platform. Coinbase revealed tha

Coinbase Buys Tagomi to Boost Institutional Trading

Coinbase, a leading US-based crypto exchange, has officially announced on Wednesday its acquisition of Tagomi, a crypto prime brokerage platform.

Nikkei pauses as profit-taking hits transport stocks

SYDNEY — Japan’s benchmark stock index Nikkei paused on Wednesday after hitting a 2-1/2-month high in the last session, as investors locked in profits from recent strong gains in transport companies.

Banks, automakers drive European stocks higher, EU recovery plan awaited

European shares edged higher on Wednesday as investors focused on a fresh EU stimulus plan , but renewed U.

U.S. economic activity fell sharply due to coronavirus disruptions, Fed says

Economic activity declined sharply across the United States over the past several weeks, according to a Federal Reserve report released on Wednesday, reflecting the disruptions caused by the coronavirus pandemic.

U.S. weighs options 'across the spectrum' to punish China over Hong Kong

WASHINGTON — The Trump administration is crafting a range of options to punish China over its tightening grip on Hong Kong, including targeted sanctions, new tariffs and further restrictions on Chinese companies, according to U.

Residents who beat gas power station now 'urging support' for energy firm's Plan B

"We are urging everyone to support the planning application"

Quarter-of-a-mile queue forms at tip on first day of reopening

Keynsham Recycling Centre opened today at 8am

’90s Supermodels Then & Now: Tyra Banks, Naomi Campbell, & More

'90s supermodels are still working it on the runway and on the covers of magazines. See Tyra Banks, Naomi Campbell, and more then and now.

Analytics firm Bonza gets seed funding, releases COVID-19 data

The start-up has recently released data on the nationwide COVID-19 reproduction number (Rt) on its website.

WHO expects hydroxychloroquine safety findings by mid-June

"A final decision on the harm, benefit or lack of benefit of hydroxychloroquine will be made once the evidence has been reviewed," the body said. "It is expected by mid-June."

Novavax launches its first coronavirus vaccine test on humans

US biotech company Novavax Inc has joined the race to test coronavirus vaccine candidates on humans and said it was targeting production of over a billion doses of its vaccine candidate next year.

The rise of digital taxes during a pandemic

 This measure could also become a new source of state revenue during the enormous tax relaxation given by the government to business sectors affected by the COVID-19 pandemic.

Bumi Resources Mineral to hold private placement to pay debt

The indebted miner is slated to sell the shares to Singapore-based management consulting firm Wexler Capital Pte.

That's made up: Anies refutes business group's claim about reopening of malls

The third phase of restriction implementation in Jakarta could be extended. 

Amazon may buy robo-taxi startup Zoox: WSJ

Amazon and Zoox are in advanced negotiations of a deal that would value the startup at less than the US$3.2 billion it was estimated to be worth in a funding round two years ago.

Telkom books 3.5 percent profit growth in 2019 as demand for internet services rises

PT Telekomunikasi Indonesia (Telkom) booked Rp 18.6 trillion (US$1.11 billion) in profit in 2019, up 3.5 percent from the preceding year.

Virgin bidder Cyrus plans to keep airline as full-service Qantas competitor

The Richard Branson-linked investment fund has said it wants to maintain Virgin Australia as a full-service international airline if it wins the race for the collapsed carrier.

Lab tester ALS eyes long-term COVID-19 test demand to drive growth

The $3 billion laboratory testing firm sees a "likely prolonged" impact from COVID-19 globally, and has stepped up work on surface testing products, which it sees in high demand as companies adjust to the new normal of the pandemic.

Zampatti: Made in Australia move crucial to industry's survival

Local fashion designers have welcomed government discussions on boosting the country's textile and manufacturing sector post COVID-19.

Brisbane City Council's CEO offered another four years

Colin Jensen, who became chief executive in 2010, will stay on at the council until 2024.

Another two Grow Super staff stood aside amid Dally M scandal

Two staff at Grow Super have been stood aside amid a police probe into a betting plunge on the Dally M.

'Gold Coast stuff': Fears over Treasury Square development

There are fears a $2 billion development at Treasury Square could overshadow Birrarung Marr after the state government sought to sell the land before finalising planning controls.

Free childcare has shown the benefits of generous government subsidies

The impact of the coronavirus shutdown is set to leave a permanent scar across the entire childcare industry.

Work intrudes further into the home with monitoring software

My employer is using software to track when I’m at my computer.

Petrol sold above N130 in 17 states, says NBS

’Femi Asu Despite the reduction in the price of petrol to N125 per litre, the product was sold above N130 per litre in 17 states in April, according to the National Bureau of Statistics. Followin...

Foreign direct investment dropped to $214.25m in Q1 – NBS

Nike Popoola Foreign Direct Investment into the country dropped to $214.25m in the first quarter of 2020 from $257.25m in the fourth quarter of 2019. The National Bureau of Statistics disclosed t...

AXA Mansard premium rose by N9.7bn in 2019

Nike Popoola AXA Mansard Insurance Plc said its gross written premium rose by 29 per cent to N43.62bn in its 2019 unaudited financial report from N33.92bn in 2018 financial period. A statement fr...

Japan's new budget to include US$302b in direct spending, reports Mainichi

TOKYO, May 27 — Japan's government plans to include US$302 billion (RM1.32 trillion) in direct spending under a second extra budget to be compiled today, to cushion the economic blow from the coronavirus pandemic, the Mainichi newspaper reported. The 32.5 trillion yen (RM1.32 trillion) in...

Russia consumer demand drops, jobless jump in April lockdown

MOSCOW, May 27 — Retail sales in Russia fell more than expected in April, while unemployment jumped above forecasts during a dire first full month of coronavirus lockdown for the country, data from statistics service Rosstat showed yesterday. Russia's economic health is in focus after a slump in...

Bursa Malaysia jumps higher after two-day break

KUALA LUMPUR, May 27 — Bursa Malaysia resumed trading on a higher note today after being closed for two days, as hopes for global recovery lifted the market sentiment. The local market was closed on Monday and yesterday for the Hari Raya Aidilfitri holiday. At 9.04am, the benchmark FTSE Bursa...

US dollar edges higher as US, China worries resurface

TOKYO, May 27 — The US dollar edged higher today as worries about the US response to China's proposed security law for Hong Kong supported safe-haven demand for the greenback. The euro held gains against the dollar and the pound but faces a severe test when the European Commission is expected to...

Ringgit strengthens against US dollar in early trade

KUALA LUMPUR, May 27 — The ringgit strengthened against the US dollar at the opening today on renewed buying interest amid stabilising oil prices, said an analyst. At 9.02am today, the local note was quoted at 4.3450/3600 compared with Friday’s close of 4.3610/3690. The market was closed on...

Queues and limited browsing in store for English shoppers

LONDON, May 27 — People eager to hit the shops again when English high street retailers, department stores and shopping centres reopen will face queuing and few opportunities to try products. Stores will look and operate very differently from how they did before a coronavirus lockdown was imposed...

DBKL to keep up inspection of KL Wholesale Market to ensure compliance with Covid-19 mitigation measures

KUALA LUMPUR, May 27 — Kuala Lumpur City Hall (DBKL) will continue to monitor the area around the walls of the Kuala Lumpur Wholesale Market to ensure that no foreigners use it to enter the market. In a statement issued today, DBKL said patrols and surveillance will be carried out to...

KL shares higher at mid-day buying support for glove makers

KUALA LUMPUR, May 27 — Bursa Malaysia ended the morning session on a high note today, on persistent buying support from the index-linked counters led by glove makers Hartalega and Top Gloves. At 12.30pm, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) rose 13.45 points to 1,450.21 from 1,436.76...

US DOJ closing insider trading probes into three senators, reports WSJ

WASHINGTON, May 27 — The US Department of Justice is closing probes into three US senators over stock trades made shortly before the coronavirus market turmoil, the Wall Street Journal reported yesterday, citing people familiar with the matter. The three senators include Republicans Kelly...

Hong Kong unrest worries curb global shares rally

TOKYO, May 27 — Unrest in Hong Kong over Beijing’s proposed national security laws weighed on global shares and oil prices today, offsetting optimism about the re-opening of the world economy. Riot police fired pepper pellets on protesters in Hong Kong’s main business district, rekindling...

Covid-19: Malaysia has sufficient supply of food and necessities, says minister

SERIAN, May 27 — Malaysia has sufficient supply of basic food and necessities to last during the current Covid-19 pandemic period, said Minister of Domestic Trade and Consumer Affairs (KPDNHEP) Datuk Alexander Nanta Linggi. He said the KPDNHEP, together with the Ministry of Agriculture and Food...

Bursa Malaysia ends firmer on buying support in index-linked counters

KUALA LUMPUR, May 27 — Persistent buying momentum in the index-linked counters, led by glove makers Hartalega and Top Glove, pushed Bursa Malaysia to end the day on a firm note, dealers said. After being closed for two days, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) rose 114.97 points, or...

Ringgit up against US dollar at close

KUALA LUMPUR, May 27 — The ringgit ended higher against the US dollar despite global risk sentiment and declining crude oil prices, a dealer said. As at 6pm, the local note was quoted at 4.3450/3510 against the greenback compared with last Friday’s close of 4.3610/3690. At press time, Brent...

New Finas chairman pledges to strengthen creative industry

KUALA LUMPUR, May 27 — The new chairman of the National Film Development Corporation Malaysia (Finas), Zakaria Abd Hamid, will meet stakeholders of the arts industry soon to discuss its direction and ways to strengthen development of the local creative industry. Zakaria said he is committed to...

Tencent, CCB Labuan to jointly foster digitalisation of enterprises in Malaysia

LABUAN, May 27 — Tencent, a leading provider of Internet value-added services in China, will explore cooperation opportunities with China Construction Bank Corporation Labuan Branch (CCB Labuan) following the signing of a memorandum of understanding (MoU) today. The MoU, inked via Tencent VooV...

Azmin to make working visit to Kedah

KUALA LUMPUR, May 27 — Senior Minister cum International Trade and Industry Minister Datuk Seri Mohamed Azmin Ali will make a one-day working visit to Kedah tomorrow. The International Trade and Industry Ministry (Miti) said Mohamed Azmin is scheduled to make a courtesy call on Kedah Mentri Besar...

Ho Hup receives LOAs from CCC-ECRL for ECRL Section 6 works

KUALA LUMPUR, May 27 — Ho Hup Construction Company Bhd has received Letters of Acceptance (LOAs) from China Communications Construction (CCC-ECRL) Sdn Bhd for the engineering, procurement, construction and commissioning of the East Coast Rail Link (ECRL) project. It said the works include Section...

Sunway Bhd launches cash call to raise up to RM1.11b

KUALA LUMPUR, May 27 — Sunway Bhd, which today reported a 42.6 per cent drop in first-quarter (Q1) net profit to RM78.29 million, has proposed to a renounceable rights issue to raise up to RM1.11 billion. The company is planning to issue up to 1.11 billion new irredeemable convertible preference...

Logging concession damages claims in Kedah reaches RM1.5b, says MB

ALOR STAR, May 27 — The latest claim for damages filed by companies whose logging concessions in Kedah have been revoked now stands at RM1.5 billion, said Chief Minister Muhammad Sanusi Md Nor. He said the claim previously stood at RM1 billion, involving about 40 companies with a total of 131...

Ryanair’s holiday bookings surge, sees UK dropping quarantine

DUBLIN, May 27 — Ryanair expects Britain to join other European nations in dropping Covid-19 quarantine plans in the coming weeks, its CEO told Reuters today, as he reported a “big surge” in holiday bookings from the country. Last week, Britain announced a 14-day quarantine from June 8 for...

MSM Malaysia to consolidate, move Chuping operations to Pasir Gudang

KUALA LUMPUR, May 27 — MSM Malaysia Holdings Bhd (MSMH) will be consolidating its refined sugar production by relocating its factory operations in MSM Perlis Sdn Bhd (MSMP) located in Chuping, Perlis, to MSM Sugar Refinery (Johor) Sdn Bhd (MSMJ) located in Tanjung Langsat, Pasir Gudang, Johor. In...

US stocks open higher, Dow +1.4 pc, Nasdaq: +0.2pc

NEW YORK, May 27 — Wall Street stocks opened higher today on continued optimism about the reopening of the US economy as investors shrug off rising tensions between Washington and Beijing. Shortly after the opening bell, the Dow Jones Industrial Average stood at 25,338.80, up 1.4 per cent. The...

KLK’s Q2 net profit dips 80.5pc on forex losses

KUALA LUMPUR, May 27 — Kuala Lumpur Kepong Bhd’s net profit dipped 80.5 per cent to RM27.89 million in the second quarter (Q2) ended March 31, 2020, from RM142.96 million in the same period last year, dragged by unrealised foreign currency exchange losses. Revenue shrank to RM3.80 billion...

Dow rises on reopening hopes, extending rally

NEW YORK, May 27 — Wall Street stocks were mostly higher early today on continued optimism about the reopening of the US economy as investors shrug off rising tensions between Washington and Beijing. About 15 minutes into trading, the Dow Jones Industrial Average stood at 25,308.55, up 1.3 per...

IOI Corp’s Q3 profit hit by foreign currency translation loss

KUALA LUMPUR, May 27 — IOI Corporation Bhd’s net profit fell to RM100,000 for the third quarter (Q3) ended March 31, 2020, from RM248.5 million in the same period last year due to a large net translation loss on foreign currency-denominated borrowings. However, revenue was higher at RM2.03...

Boeing cutting more than 12,000 US jobs, thousands more planned

WASHINGTON, May 28 — Boeing Co said yesterday it was eliminating more than 12,000 US jobs, including 6,770 involuntary layoffs, as the largest American planemaker restructures in the face of the coronavirus pandemic. Boeing also disclosed it plans “several thousand remaining layoffs” in...

Wall Street rises with economic hopes; bank stocks jump

NEW YORK, May 28 — US stocks rose yesterday, with the S&P 500 closing above 3,000 for the first time since March 5, as the further easing of lockdowns lifted optimism for an economic recovery. Bank stocks powered the day’s advance, with the S&P 500 financial index leading gains among...

Experts: Just beating Covid-19 is not enough to return consumer confidence

KUALA LUMPUR, May 28 — Economic observers think it will take more than just overcoming the Covid-19 threat in the country to restore consumer and investor confidence. They predict that it will only see a resurgence if the government can roll out a sustainable post-Covid-19 economic plan to help...

$5,250 in fines for DIY plumbing

News from Plumbers Gasfitters and Drainlayers Board Property owners are again being warned not to fall into the trap of using unlicensed people to conduct restricted sanitary plumbing work on renovation projects.

$5,250 In DIY Fines And Reparation Order Reinforce Consumer Warning

Property owners are again being warned not to fall into the trap of using unlicensed people to conduct restricted sanitary plumbing work on renovation projects.

Bank Hapoalim: Up to 1,000 employees to be laid off due to coronavirus - Inside Israel

Bank Hapoalim announces plan to lay off up to 1,000 employees, in effort to raise efficacy and save on salaries.

Punjab to go for additional borrowing amid corona crisis

Punjab to go for additional borrowing amid corona crisis: With Punjab staring at 30 per cent shortfall in revenue receipts in the 2020-21 fiscal, the Council of Ministers .... Get all latest entertainment & viral stories on english.lokmat.com

To meet revenue shortfall, Punjab to go for additional borrowing amid corona crisis

The state governments have extremely limited fiscal space, especially after the implementation of the Goods and Services Tax.

Volkswagen will sell its new European EVs in a similar way to Tesla — here's how it works, Business Insider - Business Insider Singapore

Business Insider - Volkswagen isn't using a fully direct sales model as it will involve the dealership, but it should eliminate the guesswork when buying a car.. Read more at businessinsider.sg

I vacuum and mop my hard surface floors with this one easy-to-use device — here's how it works, Business Insider - Business Insider Singapore

Business Insider - The Shark VacMop Pro is cordless, lightweight, and works as a broom, vacuum, and mop all in one for around $100.. Read more at businessinsider.sg

Target is selling an entire line of summer-inspired succulents, and they're all $5, Business Insider - Business Insider Singapore

Business Insider - The collection includes tiny, faux succulents in pineapple, strawberry, and animal planters. The summery plants are available online for $5 a pop.. Read more at businessinsider.sg

Despite lockdown orders, murder rates are rising in cities across America, Business Insider - Business Insider Singapore

Business Insider - Homicides in Nashville have spiked 233% during the pandemic. Houston, New York, and other cities have reported sizeable increases, as well.. Read more at businessinsider.sg

Bankrupt Hertz just told all of its landlords it won't pay rent for six months in the latest slam to commercial real estate, Business Insider - Business Insider Singapore

Business Insider - The notice came several days before Hertz, saddled with a debt of $19 billion, declared bankruptcy on May 22.. Read more at businessinsider.sg

Here's why 3 Wall Street analysts just boosted their Apple price targets, Business Insider - Business Insider Singapore

Business Insider - All three analysts see Apple stock gaining further this year, moving past the impact of the coronavirus pandemic on the tech giant.. Read more at businessinsider.sg

Made In's frying pan is the most-used pan in my kitchen because it's versatile and durable — it also costs less than $100, Business Insider - Business Insider Singapore

Business Insider - Made In's premium cookware is the perfect solution for amateur cooks who want to take their cooking to the next level without overspending.. Read more at businessinsider.sg

Micron climbs 6% after boosting sales guidance by more than expected, Business Insider - Business Insider Singapore

Business Insider - The announcement from Micron helped boost other chipmakers' shares on Wednesday, with the PHLX Semiconductor Index turning positive for the day.. Read more at businessinsider.sg

Some South Coast towns are still on temporary networks, but funding has been allocated for upgrades and resilience

RFS control centres on the South Coast will be among the 2000 locations to receive satellite connection to Sky Muster under federal funding

Coronavirus: Testing rates slide as youngest death recorded

After a testing blitz, numbers of tests have fallen in the past week as economies open up.

Braddon Northbourne Flats site on the market again, a year after failed sale

The 15,607-square-metre site of the former Northbourne Flats public housing in Braddon will be auctioned next month.

FACTBOX-Latest on the worldwide spread of the coronavirus

(Updates with fresh developments)May 27 (Reuters) - The Americas have emerged as the new epicenter of the coronavirus pandemic, the World Health Organization (WHO) said, as outbreaks accelerate in Peru, Chile, El Salvador, Guatemala and Nicaragua.DEATHS AND INFECTIONS* More than 5.6 million people have been reported infected with the novel coronavirus globally and 350,038 have died, according to a Reuters tally, as of 0920 GMT on Wednesday.* For an interactive graphic tracking the global spread, open https://tmsnrt.rs/3aIRuz7 in an external browser.

Latest on the worldwide spread of the coronavirus

The Americas have emerged as the new epicenter of the coronavirus pandemic, the World Health Organization (WHO) said, as outbreaks accelerate in Peru, Chile, El Salvador, Guatemala and Nicaragua.

Tejas inducted into 18 Squadron by IAF, Air Chief Marshal RKS Bhadauria flies fighter

The first LCA-Tejas FOC standard aircraft also completed its contract flight test acceptance within 12 months of the standard of preparation release in February 2019.

Lockdown to now focus on 11 cities with 70% of India's COVID-19 cases; check list here

As the total number of confirmed cases of COVID-19 infection in India crossed the 1.51 lakh-mark on Wednesday, the central government is mulling over strategies to implement for the road ahead in the fight against the coronavirus disease (COVID-19) pandemic outbreak in India.

Sensex rallies 996 points, Nifty reclaims 9,300-mark

Axis Bank was the top gainer as banking stocks led the rally in a highly volatile session.

10 million monthly active users on ZeeHindustan.in

With the aim of providing niche content in Telugu, Tamil, Kannada, Malayalam apart from Hindi, ZeeHindustan.in aims to provide a wide variety of news, views and analysis to the Indian audience in their own language.

SBI extends moratorium on loans by three months

Earlier, Reserve Bank of India (RBI) had on May 22 announced the extension of moratorium by another three months.

Punjab seeks Rs 51,102 crore fiscal stimulus from Centre to overcome economic crisis caused by COVID-19

The stimulus package demanded by the state includes Rs 21,500 crore direct stimulus, CCL debt waiver and 100% funding of Central schemes.

Watch this impressive Lego tapas factory crank out a steady stream of snacks

The Lego masters at The Brick Wall built this fantastic contraption to crank out tapas. Technical details: 19 Lego PF motors 5 BuWizz Bricks 4 weeks of hard work

US closes probes into 3 senators over their stock trades

Sens. Dianne Feinstein of California, Kelly Loeffler of Georgia and Jim Inhofe of Oklahoma have been informed that the Justice Department has closed investigations into their stock trades.

3 employees positive for COVID-19 at Cedar Bluff Kroger

Three Kroger associates at the Cedar Bluff location have tested positive for COVID-19, according to to an official statement from a company spokesperson.

Krispy Kreme is giving away free doughnuts for 5 days in June

Krispy Kreme is giving customers more opportunities to swing by and pick up a free doughnut.

UT looks to hold commencement in fall

The University of Tennessee announced they would not be holding in-person commencement ceremonies in August, but would instead look to the possibility in the fall and spring of 2021

Pizza van shut down after trading in garden with no planning or trade consent

She failed to apply for planning permission or trading consent

Use of Nottingham’s food banks has surged during coronavirus pandemic

There's increased demand above normal levels by 33 percent or more

New discount supermarket opens selling food from Waitrose, M&S, Aldi and Tesco

But only certain people can shop there

China Says Border Situation Is Stable, Controllable Amid Tense Standoff With India

India observers say new Indian roads, air strips sparked border standoff with China.

Bihar, UP outperform most states, Maharashtra tops with 15.26 lakh MSME registrations

As per data compiled by the Ministry of Micro, Small and Medium Enterprises (MSMEs), Bihar ranked number 3 in MSME registration leaving behind the most populous state of Uttar Pradesh and the industrial states of Gujarat and Karnataka

Coronavirus crisis: Nokia closes Tamil Nadu plant after 42 employees test positive

Nokia, however is not the first factory to shut down over coronavirus cases. Chinese smartphone company OPPO suspended its operations at a Greater Noida factory after 6 workers tested positive for COVID-19 last week

Debt Funds: No Safety Tag

From the NBFC liquidity crisis in 2018 to collapse of six Franklin Templeton schemes, debt funds are no longer considered safe

"Innovation Should Be Given a Boost Through Tax Incentives"

In the middle of the current pandemic, India has emerged as a credible supplier of essential medicines

PPE kits not covered under insurance, yet cost 50% of COVID-19 treatment

Jayan Mathews, Co-founder and Chief Product Officer at healthcare financing platform Vital, expects the stakeholders to reach an agreement soon

PVR, Inox Leisure stocks hit by uncertainty as coronavirus brings business to halt

With looming uncertainty over businesses, investors are watching the stock movement sitting on boundaries. Since March 24, when PM Modi announced lockdown,  Inox stock has lost 17.77% and PVR share price is down 39.20%

After SEBI's push, companies report financial impact of coronavirus lockdown

SEBI had earlier asked listed companies to disclose to investors and stakeholders the impact of the coronavirus pandemic on their businesses

JSW Steel to achieve supply normalcy by June; demand revival to take much longer

JSW Steel did not increase the inventory during the lockdown. It had capacity utilisation of 38 per cent in April and it increased to 85 per cent in May

India's GDP growth to slow down to 1.5% in Q4, says ICICI Bank report

India's GDP growth is estimated to be 4.2 per cent for full fiscal FY20 and minus 4 per cent for FY21 "with more than Rs 14 lakh crore of real output loss", as per ICICI Bank's research report

SBI cuts fixed deposit rates by 40 bps; check out new rates

The new rates on retail term deposits are applicable from May 27, according to data available on the bank's website

GE Power India appoints Mahesh Palashikar as Chairman

GE Power India is one of the leading players in the Indian power generation equipment market. Its manufacturing unit is located in Durgapur, West Bengal