Nissan-Renault alliance to share more parts, technology

The auto alliance of Nissan and Renault said Wednesday it will be sharing more vehicle parts, technology and models to save costs as the industry struggles to survive the coronavirus pandemic.

Nissan-Renault alliance to share more parts, technology

Alliance Operating Board Chairman Jean-Dominique Senard said the group, which also includes smaller Japanese automaker Mitsubishi Motors Corp., will have each company focusing on geographic regions.

Nissan-Renault alliance to share more parts, technology

The auto alliance of Nissan and Renault said Wednesday it will be sharing more vehicle parts, technology and models to save costs as the industry struggles to survive the coronavirus pandemic.

Renault, Nissan rule out merger, unveil plan to save troubled alliance

Renault and Nissan were among the weakest global automakers going into the coronavirus crisis

Renault and Nissan rule out merger

As they unveil survival plan.

Renault and Nissan rebuild their alliance to ride out the coronavirus storm

When Renault SA , Nissan Motor Co and Mitsubishi Motors Corp announced the last strategy plan for their Alliance in September 2017, the goal was ...

Factbox: Renault and Nissan's plan to rebuild their alliance

TOKYO (Reuters) - The automaking alliance of Renault SA (RENA.PA), Nissan Motor Co (7201.T) and Mitsubishi Motors Corp (7211.T) outlined a new strategy on Wednesday whereby the strongest partner takes the lead in areas such as new technologies and parts procurement.

Renault and Nissan rule out merger as they unveil survival plan

Companies to cooperate more closely on car production to save costs

Renault and Nissan rule out merger as they unveil survival plan

PARIS/TOKYO (Reuters) - Renault (RENA.PA), Nissan Motor Co (7201.T) and Mitsubishi Motors Corp (7211.T) ruled out a merger on Wednesday and doubled down on a plan to cooperate more closely on car production to save costs and salvage their troubled alliance.

Nissan and Renault unveil steps to cut costs and revamp alliance

Renault SA and Japanese partners Nissan Motor Co. and Mitsubishi Motors Corp. on Wednesday unveiled steps to standardize platforms further and push for mor

Renault, Nissan rebuild alliance to ride out coronavirus storm; thousands of jobs to be at risk after restructuring plans: Report

When Renault SA, Nissan Motor Co and Mitsubishi Motors Corp announced the last strategy plan for their Alliance in September 2017, the goal was to become the world’s biggest automaker by 2022.

Renault, Nissan, And Mitsubishi Detail Alliance Business Changes

The part that caught our attention the most is the so-called principles of the leader-follower scheme for vehicles.

Renault and Nissan scrap Ghosn strategy in move to slash costs

Carmakers rule out merger and ditch longstanding sales targets as alliance with Mitsubishi switches focus

Tesla to cut car prices in North America, China

The price cut comes as states after lockdowns during which demand for cars waned.

Tesla to cut car prices in North America, China

BEIJING — Tesla Inc said on Wednesday it will cut prices of its electric vehicles in North America as the firm ramps up car production at its Fremont, California, factory after the easing of coronavirus lockdowns.

Tesla cuts prices by as much as 6% in North America to boost demand

Auto retail sales in the United States likely halved in April from a year earlier, showed data from J.D. Power.

Tesla cuts prices by as much as 6% in North America to boost demand

BEIJING (Reuters) - Tesla Inc (TSLA.O) has cut prices of its electric vehicles by as much as 6% in North America following a decline in auto demand in the region during weeks of lockdown that have now started to ease.

Tesla Cuts Prices of Electric Cars by up to 6 Percent in North America

It's Supercharger quick-charger is also no longer free for new Model S and X customers.

Tesla to cut prices for some models in North America, China

U.S. electric vehicle maker Tesla Inc said on Wednesday it will cut prices in North America, as the firm ramps up car production in its Fremont, ...

Tesla reduces car prices in North America and China

Adjustments in prices come amidst the reduction in car demand during the coronavirus crisis. Tesla has announced that prices of cars will be cut in North America, and China in a bid to increase sales.

Tesla cuts prices by as much as 6per cent in North America to boost demand

BEIJING: Tesla Inc has cut prices of its electric vehicles by as much as 6per cent in North America following a decline in auto demand in the ...

Tesla Cuts Prices In North America And China By Up To 6% To Ease Sales Slump

Tesla’s flagship Model S is one of the vehicles that are now thousands of dollars cheaper in a bid to encourage sales, after the pandemic cut demand for new cars.

Tesla Cutting Car Prices to Spur Demand

The electric vehicle company had strong first-quarter results, but COVID-19 related lockdowns have put a damper on North American car sales.

Breaking: Tesla Cuts Model 3, X, & S Prices Up To 6% In North America, Model Y Unchanged

According to Reuters, Tesla has cut prices in North America on all of its cars except the Model Y by up to 6%. At the same time, free unlimited Supercharging on Model S and X has been removed. The delivery times for custom ordered Model 3's has been reduced from 5–7 weeks to 3–5 weeks

Tesla reduces prices of its cars in the US

Tesla today surprised everyone by announcing price cuts for its cars. This new price cut is applicable in both China and the US. The price cut varies from $2000 to $5000 depending on the model. Find the details below.

Tesla reduces price of nearly every car by $2,000 or more

A nice surprise from Tesla.

Japan eyes fresh $1.1 trillion stimulus to combat pandemic pain

Japan will compile a fresh stimulus package worth $1.1 trillion that will include a sizable amount of direct spending to cushion the economic blow from the coronavirus pandemic, a draft of the budget obtained by Reuters showed on Wednesday. The stimulus, which will be funded partly by a second extra

Japan eyes fresh $1.1 trillion stimulus to combat pandemic pain

To fund the costs, Japan will issue an additional 31.9 trillion yen in government bonds under the second supplementary budget for the current fiscal year ending in March 2021, according to the draft.

Japan eyes fresh $1.1 trillion stimulus to combat pandemic pain

TOKYO — Japan will compile a new $1.1 trillion stimulus package that includes significant direct spending, to stop the coronavirus pandemic pushing the world’s third-largest economy deeper into recession, a budget draft seen by Reuters showed on Wednesday.

Japan approves fresh $1.1 trillion stimulus to combat pandemic pain

TOKYO (Reuters) - Japanese Prime Minister Shinzo Abe’s cabinet approved on Wednesday a new $1.1 trillion stimulus package that includes significant direct spending, to stop the coronavirus pandemic pushing the world’s third-largest economy deeper into recession.

Japan approves fresh $1.1 trillion stimulus to combat coronavirus pain

The record stimulus of 117 trillion yen, which will be funded partly by a second extra budget, followed another 117 trillion yen package rolled out last month.

Japan eyes fresh $1.1t stimulus to combat pandemic pain

The stimulus, which will be funded partly by a second extra budget, will be on top of a $1.1 trillion package already rolled out last month.

Japan eyes fresh US$1.1t stimulus to combat pandemic pain

TOKYO, May 27 — Japan will compile a fresh stimulus package worth US$1.1 trillion (RM4.8 trillion) that will include a sizable amount of direct spending to cushion the economic blow from the coronavirus pandemic, a draft of the budget obtained by Reuters showed today. The stimulus, which will be...

Japan approves fresh $1.1-trillion stimulus to combat economic impact of coronavirus

The record stimulus of 117 trillion yen, which will be funded partly by a second extra budget, followed another 117 trillion yen package rolled out last month

Japan approves fresh $1.1 trn stimulus to combat Covid-19 economic fallout

The latest package includes 33 trillion yen in direct spending, the Ministry of Finance (MOF) said.

Factbox: Key spending in Japan's second stimulus package of $1.1 trillion

TOKYO (Reuters) - Japan’s cabinet approved on Wednesday a fresh stimulus package worth $1.1 trillion, among the world’s largest fiscal plans to cushion the economic blow from the coronavirus pandemic.

Japan OKs funds for US$1.1T stimulus to fight pandemic woes

Japan's Cabinet approved a proposed 32 trillion yen (US$296 billion) supplementary budget on Wednesday to help fund $1.1 trillion in measures to cushion the blow to the economy from the coronavirus pandemic.

Japan doubles down on stimulus with extra $1 trillion in aid

Package includes financing for companies, rent subsidies and healthcare assistance

Factbox: Key climate spending in EU's 'green recovery' plan

BRUSSELS (Reuters) - The European Commission unveiled a 750 billion euro ($826.3 billion) package on Wednesday which it says will put fighting climate change at the heart of the bloc’s recovery from the coronavirus pandemic.

EU to propose €750bn Covid-19 recovery package

Ireland in line for grants of €1.9bn in scheme weighted by how badly economies have been hit

EU proposing €750bn recovery fund in response to pandemic crisis

Paolo Gentiloni’s announcement came amid divisions in the bloc.

EU to propose €750bn Covid recovery package for states

Ireland in line for grants of €1.9 billion in package weighted by how badly economies have been hit

EU to Propose €750bn Covid Recovery Package to Tackle 'Unprecedented Crisis'

The plan comes as the 27-member bloc faces the prospect of a deep EU-wide recession. Nearly all member states have breached EU deficit limits as they have rushed to...

EU proposing £670bn recovery fund in response to pandemic crisis

Paolo Gentiloni’s announcement came amid divisions in the bloc.

EU Commission proposes €750 billion recovery fund in wake of Covid-19 crisis

The European Commission is proposing a €750 billion recovery fund to reboot economies hit hard by the coronavirus outbreak, EU officials said on Wednesday.

EU proposing £670bn recovery fund in response to coronavirus pandemic crisis

The EU Commission is proposing a 750 billion-euro recovery (£670bn) fund to help the bloc’s economy through the deep recession induced by the coronavirus pandemic, commissioner Paolo Gentiloni said. Mr Gentiloni, who is in charge of economic affairs at the EU’s executive body, confirmed the size of the fund in a tweet.

EU launches €750bn stimulus package to kickstart economies devastated by Covid-19

It is described as the biggest ever stimulus package and will be comprised mainly of loans and grants for businesses.

EUR/USD Flat in Wild Trading as EU Proposes €750B Covid-19 Stimulus Package

EUR/USD Flat in Wild Trading as EU Proposes €750B Covid-19 Stimulus Package

Brussels wants €750bn borrowing power to fund virus recovery

European Commission president Ursula von der Leyen must win backing from reluctant capitals

EU's financial 'firepower' is 1.85 trillion with 750bn for COVID fund

Of the 750 billion euro recovery fund, the 500 billion euros would be given to EU countries as grants, the remaining 250 billion euros would be available as loans."

McDonald's is Reopening All of Its UK Drive-Thrus by Next Week

Prepare for the end times, as droves of people descend upon the golden arches for some takeaway fries and a burger, taking over roads and leaving carnage in their wake.

McDonald's to reopen all Scottish drive-thru restaurants from next week

Scots fans can finally get their hands on McDonald's as it makes its long-awaited comeback up north.

McDonald's to open all drive-thru restaurants by next Thursday

Fast food chain McDonald's will open its 28 drive-thru restaurants in Northern Ireland by Thursday of next week.

All of McDonald's Irish drive-thrus to reopen by next Thursday

All 51 drive-thrus in Ireland will be open by 4 June.

McDonald's drive-thrus in Notts set to reopen next month

The wait is nearly over

ALL McDonald’s drive-thrus in Suffolk to reopen next week

More than 1,000 McDonald’s drive-thru restaurants, including all sites in Suffolk, will be reopened to the public from next week.

McDonald's to re-open Dundalk drive thru next week - Talk of the Town

McDonald’s in Dundalk will re-open next week. The company announced this morning that all its drive-thrus would re-open by Thursday June 4th. The fast food chain opened six restaurants in Dublin last Wednesday and are now ready to move forward with the rest of Ireland with openings to take place between Tuesday and Thursday of...Read More→

McDonald's to reopen more than 1,000 restaurants by next week

McDonald's is rapidly expanding its store openings across the UK and Ireland to have more than 1,000 restaurants reopened for drive-thru or delivery by next Thursday, June 4. Last week, the fast food chain reopened 33 drive-thru sites but the company said it decided to close some lanes where demand "impacted local communities or the safety of our people or customers" due to long queues.

McDonald’s to reopen more than 1,000 restaurants by next week

The chain said it closed some drive-thru lanes last week after soaring demand impacted local communities or staff and customer safety.

McDonald’s to reopen more than 1,000 restaurants by next week

The chain said it closed some drive-thru lanes last week after soaring demand impacted local communities or staff and customer safety.

McDonald's reveals when they're reopening all UK drive-thrus

The chain has announced it will reopen all of its drive-thrus and many more restaurants for delivery.

Every McDonald's drive-thru in Black Country and Staffordshire to be open next week

The chain said it closed some drive-thru lanes last week after soaring demand impacted local communities or staff and customer safety.

REPORT: McDonald's announce date of Dundalk drive-thru reopening

Restaurant

All McDonald's Drive-Thrus To Open Across The Country By June 4th

All McDonald's Drive-Thrus will reopen by Thursday June 4th.

McDonald’s fans queue for TWO HOURS at drive thru in taste of things to come as 975 more restaurants to reopen next week

DESPERATE to get their gnashers around a juicy McDonald’s burger, fast food fans wait in queues for up to 2 hours. The reopening of another 975 restaurants – including in Scotland ̵…

Renault and Nissan deepen cooperation in bid for survival

Renault and Nissan deepen cooperation in bid for survival

Renault and Nissan deepen cooperation in bid for survival

TOKYO, May 27 — Renault, Nissan Motor Co and Mitsubishi Motors Corp said today they would each take a lead on car manufacturing in different regions in a wide-ranging revamp of their partnership to slash costs and survive. The three carmakers are reeling from the coronavirus pandemic which...

Renault-Nissan announce plan to deepen cooperation to ensure group's survival

TOKYO (Reuters) - Renault SA, Nissan Motor Co and Mitsubishi Motors Corp on Wednesday announced details of a new strategy plan pledging to deepen cooperation in developing and producing cars to survive as an automaking group.

Renault-Nissan announce plan to deepen cooperation to ensure group's survival

Renault SA , Nissan Motor Co and Mitsubishi Motors Corp on Wednesday announced details of a new strategy plan pledging to deepen cooperation in ...

From boom to bottom: Renault and Nissan bet on deeper cooperation

As Renault, Nissan and junior partner Mitsubishi repair their alliance, they are under pressure to recover from two years of falling vehicle sales, a problem exacerbated by the coronavirus pandemic

Timeline: From boom to bottom: Renault and Nissan bet on deeper cooperation

(Reuters) - Renault SA (RENA.PA), Nissan Motor Co (7201.T) and Mitsubishi Motors have no plans to merge and will instead focus on a new production sharing plan to cut costs and improve efficiency, Chairman Jean-Dominique Senard said on Wednesday.

Tuesday Morning becomes 5th big retailer to file Chapter 11; 230 stores to close

Discount goods retailer Tuesday Morning has filed for Chapter 11 bankruptcy protection, the fifth major retailer to do so since the pandemic.

Off-price retailer Tuesday Morning has filed for bankruptcy with plans to close 230 stores

Tuesday Morning, which has nearly 700 stores specializing in off-price home goods, has filed for bankruptcy.

Off-price retailer Tuesday Morning has filed for bankruptcy with plans to close 230 stores

Off-price retailer Tuesday Morning has filed for bankruptcy. The company plans to close approximately 230 of its stores.

Tuesday Morning becomes 5th big retailer to file Chapter 11

Discount goods retailer Tuesday Morning has filed for Chapter 11 bankruptcy protection, the fifth major retailer to do so since the pandemic.

Tuesday Morning becomes 5th big retailer to file Chapter 11

Discount goods retailer Tuesday Morning has filed for Chapter 11 bankruptcy protection, the fifth major retailer to do so since the pandemic.

Off-price retailer Tuesday Morning has filed for bankruptcy with plans to close 230 stores, Business Insider - Business Insider Singapore

Business Insider - Tuesday Morning, which has nearly 700 stores specializing in off-price home goods, has filed for bankruptcy.. Read more at businessinsider.sg

62,000 healthcare workers in the US have tested positive for the coronavirus, the CDC says. The number is likely far higher., Business Insider - Business Insider Singapore

Business Insider - It is the first CDC update in six weeks, in which time the number of US healthcare workers infected with COVID-19 has increased sevenfold.. Read more at businessinsider.sg

An ongoing list of food businesses, delivery services, and restaurants donating to healthcare workers on the front lines, Business Insider - Business Insider Singapore

Business Insider - Donating food is an easy way to support and fuel healthcare workers on the frontlines of the coronavirus pandemic.. Read more at businessinsider.sg

A 'capital war' is accelerating between the US and China, and the coronavirus pandemic is only making it worse, according to one investor, Business Insider - Business Insider Singapore

Business Insider - "We're in a world where capital wars matter," Michael Howell, CEO of Crossborder Capital, said in a Tuesday interview with CNBC.. Read more at businessinsider.sg

Police arrested a Bay Area woman who they say posted racist notes on the homes of Asian Americans, Business Insider - Business Insider Singapore

Business Insider - The notes suggested that those not native to the US leave the country immediately.. Read more at businessinsider.sg

62,000 healthcare workers in the US have tested positive for the coronavirus, the CDC says. The number is likely far higher.

It is the first CDC update in six weeks, in which time the number of US healthcare workers infected with COVID-19 has increased sevenfold.

62,000 healthcare workers in the US have tested positive for the coronavirus, the CDC says. The number is likely far higher.

It is the first CDC update in six weeks, in which time the number of US healthcare workers infected with COVID-19 has increased sevenfold.

Celebrities who have recovered from the coronavirus, Business Insider - Business Insider Singapore

Business Insider - J.K. Rowling, Prince Charles, and Tom Hanks have all confirmed that they are in good health after reporting novel coronavirus symptoms.. Read more at businessinsider.sg

An ongoing list of food businesses, delivery services, and restaurants donating to healthcare workers on the front lines

Donating food is an easy way to support and fuel healthcare workers on the frontlines of the coronavirus pandemic.

An ongoing list of food businesses, delivery services, and restaurants donating to healthcare workers on the front lines

As frontline heroes in the fight against the coronavirus, healthcare workers like doctors and nurses often sacrifice their own physical and mental well-being in order to take care of others.

A 'capital war' is accelerating between the US and China, and the coronavirus pandemic is only making it worse, according to one investor

"We're in a world where capital wars matter," Michael Howell, CEO of Crossborder Capital, said in a Tuesday interview with CNBC.

A ‘capital war’ is accelerating between the US and China, and the coronavirus pandemic is only making it worse, according to one investor

The coronavirus pandemic has accelerated a trade, technology, and capital war between the US and China, according to Michael Howell, CEO of CrossBorder Capital.

Police arrested a Bay Area woman who they say posted racist notes on the homes of Asian Americans

The notes suggested that those not native to the US leave the country immediately.

Police arrested a Bay Area woman who they say posted racist notes on the homes of Asian Americans

A 52-year-old woman in the San Francisco Bay Area was arrested on suspicion of a hate crime after police learned she was posting hateful handwritten messages on the homes of Asian-Americans, according to a statement from San Leandro Police Department.

Celebrities who have recovered from the coronavirus

Many celebrities who reportedly tested positive for COVID-19 – or showed novel coronavirus symptoms without being tested – have since recovered.

India wilts under heatwave as temperature hits 50 degrees Celsius

India is wilting under a heatwave, with the temperature in places reaching 50 degrees Celsius (122 degrees Fahrenheit) and the capital enduring its hottest May day in nearly two decades.

India wilts under heatwave as temperature hits 50 degrees Celsius

The hot spell is projected to scorch northern India for several more days, the Meteorological Department said late Tuesday, "with severe heat wave conditions in isolated pockets".

India wilts as temperature hits 50 degrees Celsius

India is wilting under a heatwave, with temperatures in places reaching 50 degrees Celsius (122 degrees Fahrenheit) and the capital enduring its hottest May day in nearly two decades.

India wilts as temperature hits 50 degrees Celsius

The hot spell is projected to scorch northern India for several more days, 'with severe heat wave conditions in isolated pockets'

India heatwave: Delhi temperature hits 47C as north India reels

Delhi saw temperatures hit 47C, the highest in decades for this time of year.

North India sizzles as temperature touches 50C

India is wilting under a heatwave, with the temperature in places reaching 50 degrees Celsius (122 degrees Fahrenheit) and the capital enduring its hottest May day in nearly 20 years.

India's GDP growth may rebound to 5% in FY22: Former RBI chief Subbarao

Rating agency Crisil on Tuesday had said the Indian economy may shrink by 5% in fiscal 2021, adding this recession could be the country's fourth since Independence and perhaps the worst to date

India’s GDP growth may rebound to 5 pc in FY22, says Subbarao

"I do believe that getting up to 5 per cent next year (FY22) is quite probable. The reason I say that is because this (COVID-19) is not a natural disaster. Our factories are still standing, our infrastructure and transport systems are still there," former RBI governor Duvvuri Subbarao said.

India's GDP growth may rebound to 5 pc in FY22, says Duvvuri Subbarao

Indian economy may expand by around 5% in the next financial year,ex-RBI guv Duvvuri Subbarao said.

GDP growth may rebound to 5% in FY22: Former RBI governor

The economy, which is likely to contract by 5 per cent in the current fiscal year, may expand by around 5 per cent in the next financial year, former RBI governor Duvvuri Subbarao said. Rating agency

Indian economy may expand by around 5% in FY22: Ex-RBI governor Subbarao

According to Subbarao, the country is going to face its worst recession in the current financial year

COVID-19 to accelerate digital adoption in India; Jio helped spur internet usage: Morgan Stanley

India's total online shopper base at 30 per cent of its internet population is low when compared with 78 per cent in China and 70-plus per cent in the US. Morgan Stanley projected India's 670 million internet users to rise to 914 million by 2027 and online shoppers to jump to 590 million from 190 million in 2020.

COVID-19 to accelerate digital adoption in India; Reliance Jio helped spur internet usage: Morgan Stanley

In a 53-page report on 'India's Digital Economy in a Post-COVID-19 World', Morgan Stanley said 2020 will likely see increasing online penetration in grocery and will put a few Super Apps into motion.

Covid-19 pandemic to accelerate digital adoption in India: Morgan Stanley

Morgan Stanley said Covid-19 has relieved some apprehension relating to digital transactions

COVID-19 to accelerate digital adoption in India

COVID-19 is expected to accelerate digital adoption in India and as online trends take shape, behavioural modification could strengthen, with contactless shopping, payments.

Reliance Jio pushed internet usage in India, coronavirus to accelerate it further: Morgan Stanley

While Mukesh Ambani’s Reliance Jio brought telecom services revolution in India, the coronavirus pandemic will give a further push to digital adoption in the country as more and more people take to e-commerce to buy products.

Clinical trials to accelerate adoption of new drug treatments in Saudi Arabia

RIYADH: Clinical trials in Saudi Arabia could speed up the adoption of new drugs locally, a pharmaceutical executive has told Arab News. “Clinical trials have two very big benefits for the Kingdom. Firstly, they provide data in the long run with respect to safety and efficacy, catered specifically to the Saudi population. Secondly, they impact local investment and build

Novavax aims to make 1 billion COVID-19 vaccine doses after buying plant

The U.S. company said on Wednesday it would buy Czech Republic-based Praha Vaccines, a unit of India's Cyrus Poonawalla Group, which also owns Serum Institute, for $167 million in cash. Novavax is one of several companies in the race to develop a vaccine for COVID-19, the disease caused by the novel

Novavax aims to make one billion COVID-19 vaccine doses after buying plant

(Reuters) - Novavax Inc (NVAX.O) is buying a manufacturing plant from privately held Serum Institute of India, the world’s largest maker of vaccines by volume, as the U.S. company aims to produce 1 billion doses of its COVID-19 vaccine candidate next year.

Tamil Nadu inks deals for over Rs 15,100 crore investment, to create 47,000 plus jobs

The investments, to the tune of Rs 15,128 crore will be in diverse sectors including manufacturing of commercial vehicles and energy, the government said adding nine pacts were signed at the Secretariat in the presence of Chief Minister K Palaniswami and eight other companies firmed up the deals via a virtual link.

Tamil Nadu inks deals for over Rs 15,100 crore investment, to create 47,000 plus jobs

The investments, to the tune of Rs 15,128 crore will be in diverse sectors including manufacturing of commercial vehicles and energy, the government said adding nine pacts were signed at the Secretariat in the presence of Chief Minister K Palaniswami and eight other companies firmed up the deals via a virtual link.

Tamil Nadu to create 47,000 plus jobs, inks deals for over Rs 15,000 crore investment

The investments, to the tune of Rs 15,128 crore will be in diverse sectors including manufacturing of commercial vehicles and energy, the government said adding nine pacts were signed at the Secretariat in the presence of Chief Minister K Palaniswami and eight other companies firmed up the deals via a virtual link.

Tamil Nadu signs MoUs worth over Rs 15,000 crore to generate 47,000 jobs

The proposed investment will be towards company's proposed brownfield expansion at company's Oragadam facility near Chennai

Tamil Nadu signs 17 agreements for investments of over ₹15,100 crore

The Memorandums of Understanding have been signed with companies from various countries and are expected to provide jobs to over 47,000 people

India may need to pump $20 billion into coronavirus-hit state banks

The capital plans were still being discussed and a final decision could be taken in the second half of the fiscal year, a second government source said.

India may need to pump $20 billion into coronavirus-hit state banks: Sources

The government initially considered a budget of around 250 billion rupees for bank recapitalisations but that has risen significantly, a senior government source with direct knowledge of the matter said, with loan defaults likely to rise as businesses take a severe hit from nationwide lockdowns to tackle the coronavirus.

Debt downgrades can push India bank fund raising to $20 billion

State-run banks will need $13 billion from the government to recapitalize.

Debt downgrades can push India bank fund raising to $20 billion

A legacy of bad loans, a shadow banking implosion and a historic bank bailout in March have left Indian lenders weakened coming into the coronavirus lockdown.

India may need to pump Rs 1.5 trn into coronavirus-hit state banks: Report

"The situation is very grim," the source said, adding that banks would require fresh funds soon

EU to unveil massive stimulus plan for post-coronavirus recovery

The aim is to help countries and sectors worst hit by the COVID-19 pandemic recover quickly and protect the EU single market of 450 million people from being splintered by divergent economic growth and wealth levels as the 27-nation bloc emerges from its deepest ever recession expected this year.

EU to unveil massive stimulus plan for post-coronavirus recovery

To help member states recover from coronavirus slump.

Battle ahead for EU's massive virus recovery plan

If passed, this proposal would be the biggest European Union stimulus package in history. But Germany predicts talks would drag on until the end of 2020.

EU to unveil virus recovery plan amid split over way ahead

The move Wednesday comes as the 27-nation trading bloc is set to enter its deepest-ever recession as the impact from the coronavirus pandemic ravages economies.

U.S. Says Hong Kong’s Autonomy Is Gone, Sowing China Trade Doubt

The move could have far-reaching consequences for global trade.

The European Union Is on the Brink of Historic Change

The Commission’s $825 billion rescue fund would break many taboos, possibly paving the way for EU taxes and an EU treasury

Kent RO Apologises For Casteist Atta Maker Ad After Severe Backlash

Several Twitter users had reported the ad to the Advertising Standards Council of India.

Kent Apologises For Atta Maker Ad Slammed As "Classist", Offensive

Healthcare products company Kent RO Systems has issued an apology after a huge backlash over an advertisement that many criticised as "classist" on social media.

Extremely ridiculous: Kent RO's atta maker ad featuring Hema Malini called out for 'offensive' poster

Kent RO withdraws ad, apologises for depicting helps as Covid-19 carriers

The ad, featuring Hema Malini and her daughter Esha Deol as campaigners, drew heavy criticism on social media

Carlyle-backed ZoomInfo looks to raise about $800 million in Nasdaq listing

(Reuters) - ZoomInfo Technologies Inc expects to raise up to $801 million in its U.S. initial public offering (IPO), as the market for new issues rebounds after the COVID-19 pandemic put several debuts on hold for a couple of months.

Fauci says second wave of coronavirus infections is 'not inevitable': 'We can prevent this'

Anthony Fauci, the nation's top expert on infectious diseases, said Wednesday that a second wave of coronavirus infections is "not inevitable" if people are vigilant about proper mitigation efforts. 

Fauci says 2nd wave of COVID-19 is ‘not inevitable’ in the fall

Dr. Anthony Fauci seems more optimistic regarding the chances of a “second wave” of COVID-19 hitting the US by the fall.

Wall Street opens mixed, falling tech shares weigh on Nasdaq

Following Tuesday's impressive rally, Wall Street's main indexes started the day on a mixed tone on Wednesday. As of writing, the Dow Jones Industrial

Stocks mixed as tech sector weighs on the market

Stocks were mixed Wednesday as a decline in tech shares kept the gains in check.

Tech selloff weighs on S&P 500, Nasdaq

Amazon.com, Microsoft Corp and Facebook Inc, which have led a recent rally, weighed on the tech-heavy Nasdaq, while healthcare and technology stocks - which outperformed in the coronavirus-led market slump - were among the S&P 500 sector indexes in the red.

UK lockdown drives fastest growth in grocery sales for over 25 years

LONDON, May 27 — UK grocery sales rose by 14.3 per cent during the 12 weeks to May 17, the fastest rate since comparable records began in 1994, as Britons adapted to the national lockdown, data from market researcher Kantar showed today. The period included both the pre-lockdown rush to the shops...

UK lockdown drives fastest growth in grocery sales for over 25 years

Of Britain's big four grocers, industry leader Tesco was the best performer with sales up 12.7%, closely followed by No. 2 player Sainsbury's with a 12.5% increase. No. 4 Morrisons' sales rose 9.8%, while Walmart owned Asda was the laggard with a 6.5% increase.

UK lockdown drives fastest growth in grocery sales for over 25 years

United Kingdom grocery sales rose by 14.3 percent during the 12 weeks to May 17, the fastest rate since comparable records began in 1994.

UK regulator halts antibody home tests for coronavirus

MHRA warns unvalidated samples using finger prick may lead to unreliable results.

Huawei CFO to find out if her fraud case will proceed

Canada arrested Meng Wanzhou, the daughter of Huawei's founder, at Vancouver's airport in late 2018. The U.S. wants her extradited to face fraud charges. Her arrest infuriated Beijing, which sees her case as a political move designed to prevent China's rise.

Huawei CFO Meng to find out if a U.S extradition case against her will proceed

A top executive of Chinese tech giant Huawei is scheduled to learn Wednesday if a U.S extradition case against her can proceed. Canada arrested Meng Wanzhou, the daughter of Huawei’s founder, at Vancouver’s airport in late 2018. The U.S. wants her extradited to face fraud charges. Her arrest infuriated Beijing, which sees her case as a political move designed to prevent China’s rise.

Examinership case hears of 14 'credible' expressions of interest in firm behind Joe.ie

An examiner has been appointed by the High Court to come up with a survival plan for a digital media company behind Joe.ie.

Court hears 14 ‘credible’ expressions of interest in Joe.ie company

Examiner appointed to Maximum Media Network

Moderate participation expected in spectrum auctions: ICRA

IANS Mumbai Rating agency Investment Information and Credit Rating Agency (ICRA) expects moderate participation for the upcoming spectrum auctions at

Moderate participation expected in spectrum auctions; telecom industry's debt to elevate at Rs 4.6 cr in FY21: ICRA

Rating agency ICRA expects moderate participation for the upcoming spectrum auctions at Rs 55,000-Rs 60,000 crore due to the limited financial flexibility of the industry

ICRA expects muted participation in spectrum auction, sees industry debt rising

Despite the anticipated improvement in the cash flow generation in the current financial year post the tariff hikes, the debt coverage metrics is expected to continue to remain weak given the unyieldingly high debt levels, it said.

Icra expects moderate participation in spectrum auctions up to Rs 60,000 cr

The Centre has budgeted Rs 1.33 trillion as non-tax receipts from the telecom sector for FY2021

Spain proposes allowing direct travel between EU cities with low rates of coronavirus infections, rather than opening national borders, to boost tourism

Spain wants to create a 'green zone travel network' between European regions where coronavirus is low, rather than opening national borders in the hope it will allow tourism to restart quicker.

NCLT approves IL&FS stake sale in GIFT City to Gujarat govt

That sale consideration payable to IL&FS excluding resolution process costs shall be credited into a designated escrow account intimated to the infrastructure lending group

NCLT approves sale of IL&FS stake in GIFT City to Gujarat govt

IL&FS gets NCLT nod to sell stake in GIFT City to Gujarat govt

Debt-laden IL&FS will sell its entire stake in Gujarat International Finance Tec-City Limited (GIFTCL) to the Gujarat government.IL&FS has a 50 per cent stake in GIFTCL, which comprise

NCLT approves IL&FS stake sale in GIFTCL to Gujarat govt

The order said that IL&FS had sought that an amount of Rs 61.84 lakh is excluded as resolution process costs incurred for meeting various expenditures, other applicable taxes from the sale proceeds of the applicant's shareholding in GIFTCL to the Gujarat government.

After rare silence, Istanbul's Grand Bazaar prepares to reopen

An eerie silence has fallen over Istanbul's Grand Bazaar, one of the world's oldest, largest and most visited markets, where a raucous mixture of languages, cultures and commerce has buzzed for centuries.

After rare silence, Istanbul's Grand Bazaar prepares to reopen

An eerie silence has fallen over Istanbul's Grand Bazaar, one of the world's oldest, largest and most visited markets, where a raucous mixture of ...

After rare silence, Istanbul’s Grand Bazaar prepares to reopen

ISTANBUL, May 27 — An eerie silence has fallen over Istanbul’s Grand Bazaar, one of the world’s oldest, largest and most visited markets, where a raucous mixture of languages, cultures and commerce has buzzed for centuries. But there are now signs of life at the market as municipal workers...

Grand Bazaar prepares to reopen

: An eerie silence has fallen over Istanbul's Grand Bazaar, one of the world's oldest, largest and most visited markets

Live Coronavirus Updates: Fatality Rate Reduced To 2.87%, Lowest In World, Says Health Ministry

The Health Ministry said the COVID-19 fatality rate in India is 2.87 per cent, the lowest among countries badly hit by the pandemic.

India's COVID-19 fatality rate among lowest in the world: Health Ministry

India has about 0.3 COVID-19 deaths per 100,000 of population which is amongst the lowest in the world, against the statistics of 4.4 deaths per 100,000 population for the world, said a statement issued by the Ministry of Health and Family Welfare Tuesday

COVID-19: Recovery Rate Now Up To 41.61 %, Fatality Rate Down To 2.87 %

India has reported about 0.3 deaths per lakh population, which is amongst the lowest in the world.

Wharton professor Jeremy Siegel lays out why a record-high stock market in 2020 remains ‘a real possibility’

Wharton finance professor Jeremy Siegel still sees a scenario where the stock market breaches new highs before the year is out, despite reopening risks, historic unemployment, and a deep recession.

Wharton professor Jeremy Siegel lays out why a record-high stock market in 2020 remains 'a real possibility'

The stock market can still set new record highs in 2020 thanks to fresh risk-on attitude and the Federal Reserve's stimulus, Wharton finance pro...

Wharton professor Jeremy Siegel lays out why a record-high stock market in 2020 remains 'a real possibility', Business Insider - Business Insider Singapore

Business Insider - Fresh risk-on attitude and the Fed's lending efforts can drive a strong rally as long as a second wave of COVID cases is avoided, Siegel said.. Read more at businessinsider.sg

Dow climbs 325 points as investors cheer efforts to boost global economies

US stocks rose Wednesday as investors were encouraged by signs that international authorities are taking measures to boost the global economy.

Dow climbs 325 points as investors cheer efforts to boost global economies, Business Insider - Business Insider Singapore

Business Insider - The European Commission proposed on Wednesday a $826 billion stimulus package intended to aid recovery from the ongoing recession.. Read more at businessinsider.sg

Dow climbs 350 points as investors cheer efforts to boost global economies

US stocks rose on Wednesday as investors were encouraged by signs that global authorities were taking measures to boost economies. The European ...

Pub jobs at risk unless social distancing is cut to one metre, trade groups warn

Expecting pubs to contribute to furlough costs whilst they are still closed is ‘madness’, Chancellor told.

Pub jobs at risk unless social distancing is cut to one metre, trade groups warn

Expecting pubs to contribute to furlough costs whilst they are still closed is ‘madness’, Chancellor told.

Pub jobs at risk unless social distancing is cut to one metre, trade groups warn

Expecting pubs to contribute to furlough costs whilst they are still closed is ‘madness’, Chancellor told.

Mukesh Ambani-Led RIL Is Preparing For Overseas IPO Of Jio Platforms, Likely To Opt For NASDAQ: Reports 

Mukesh Ambani-Led RIL Is Preparing For Overseas Listing For Jio Platforms, Likely To Opt For NASDAQ: Reports

With overseas IPO for Jio Platforms, Mukesh Ambani may look to cash in on tech cold war with China

Going to the New York Stock Exchange or Nasdaq would make sense. U.S.-traded Chinese technology firms such as JD.com Inc. and NetEase Inc. are looking for an alternative home closer to the mainland in case tensions between Washington and Beijing escalate, as my colleague Nisha Gopalan wrote this week.

Mukesh Ambani’s youngest son Anant Ambani on board of Jio Platforms; here’s what he had said about RIL

Anant Ambani, the youngest son of Asia’s richest person Mukesh Ambani, has formally joined the group’s digital venture Jio Platforms as an additional director.

India's Ambani prepares Facebook-backed unit for overseas IPO

Mukesh Ambani is reportedly preparing Jio Platforms Ltd. for an initial public offering

Tenants fear mass evictions as moratoria expire

Tenants are afraid mass evictions will take place in the coming weeks as eviction moratoria across the country begin to expire. 

Saudi Arabia’s private sector employees to resume work from Sunday, May 31

The decision comes as part of a slew of measures introduced by Saudi authorities

Saudi Arabia’s private sector employees to return to their offices

RIYADH: Private sector employees will be able to start working from their offices soon, Saudi Arabia’s Ministry of Human Resources and Social Development said on Wednesday. The ministry added that all private sector entities must prepare work spaces so that they are in line with Ministry of Health guidelines to prevent the spread of COVID-19. The Kingdom is easing coronavirus

Saudi public sector employees will return to work starting May 31

Saudi public sector employees will start returning to work gradually as of Sunday May 31, after more than two months of suspension amid strict measures to help curb the novel coronavirus outbreak.

Delhi reels under heatwave, Palam records high of 47.2 degrees Celsius

The last time the mercury touched the 46-degree mark at the Safdarjung weather station was on May 19, 2002

Delhi reels under heatwave, Palam records high of 47.2 degrees Celsius

Dust storm and thunderstorm with winds gusting up to 60 kilometers per hour are likely over Delhi-NCR on May 29-30, said IMD.The all-time record for Safdarjung in May is 47.2 degrees Celsius. It was recorded on May 29, 1944

Passenger on IndiGo's Chennai-Coimbatore flight tests positive for COVID-19

A young man who flew to Coimbatore from Chennai on board an IndiGo flight on Monday is among those who tested positive for COVID-19.

IndiGo grounds crew for 14 days after passenger on Chennai-Coimbatore flight tests Covid-19 positive

This is the first case of a passenger testing positive after domestic flight services resumed on Monday.

Passengers On Multiple Domestic Flights Test Positive For Coronavirus After Operations Resume

Passengers of a Delhi-Ludhiana flight have been quarantined after a 50-year-old Alliance Air employee has tested positive for coronavirus.

Domestic flight operations on their way to normalcy

PTI New Delhi A total of 445 domestic flights, carrying 62,641 passengers, were operated on Tuesday, Civil Aviation Minister Hardeep Singh Puri said on We

HK real estate tycoons voice support for national security legislation

Hong Kong real estate tycoons are “patriotic businesspeople” as they showed firm support and have the correct stance on the national security legislation proposed by the Chinese central government, experts said. And their confidence in the Hong Kong economy and business environment in the future differs from pessimistic predictions from the West, who claim the legislation will weaken the city’s role as an economic hub and financial center.

Piyush Goyal asks industry to start working for post-Covid period; says worst for economy is over

India Business News: Commerce and industry minister Piyush Goyal on Wednesday asked the industry to start working for the post-COVID period with good ideas and firm implem

Amazon India to provide free Covid-19 health insurance to sellers

India Business News: Amazon India on Wednesday said it will provide free Covid-19 health insurance to its sellers in the country to help cover expenses around hospitalisat

Vehicle tyres could be a major source of microplastics in the ocean

Transported to the ocean through the atmosphere or carried by rainwater into rivers and sewers

Let's follow the example of these cats expertly social distancing at a market

If cats can maintain a two-metre distance, so can your fellow shoppers.

Mkhize confirms whole country will move to level-3 lockdown

Health minister Zweli Mkhize has blamed an outdated slide in a presentation on Wednesday for creating fear that some parts of South Africa would remain on level-4 lockdown on 1 June.

Lockdown: Whole of SA moves to Level 3, hotspot areas to be constantly assessed, says Mkhize

The whole of South Africa will move to a Level 3 lockdown on 1 June, Health Minister Zweli Mkhize has clarified.

Whole country to move to Level 3 on 1 June, but further detail delayed, again

A highly anticipated media briefing on the Level 3 regulations has once again been postponed. Meanwhile, Health Minister Zweli Mkhizi clarified on Wednesday that Covid-19 hotspots will move to Level 3 along with the rest of the country on 1 June.

NerdWallet: Looking for safer ways to pay? Go contactless

Breaking old habits of forking over cash or swiping a credit card may be challenging, but contactless payments themselves are easy to use and may even help slow the spread of the coronavirus.

NerdWallet: Looking for safer ways to pay? Go contactless

Breaking old habits of forking over cash or swiping a credit card may be challenging, but contactless payments themselves are easy to use and may even help slow the spread of the coronavirus.

EU readies trillion-euro aid plan as virus hammers Latin America

A one-trillion-euro recovery plan to get Europe back on its feet after the devastation wreaked by the coronavirus pandemic was set to be unveiled Wednesday.

EU readies trillion-euro aid plan as virus hammers Latin America

A one-trillion-euro recovery plan to get Europe back on its feet after the devastation wreaked by the coronavirus pandemic was set to be unveiled Wednesday, as badly hit Spain started 10 days of national mourning for its thousands of dead.

EU readies trillion-euro aid plan as virus hammers LatAm

BRUSSELS, May 27, 2020 (AFP) - A one-trillion-euro recovery plan to get Europe back on its feet after the devastation wreaked by the coronavirus pandemic was set to be unveiled Wednesday, as badly hit Spain started 10 days of national mourning for its thousands of dead.

EU unveils huge aid plan as virus hammers Latin America

The massive European plan follows other unprecedented emergency measures introduced around the world to rescue economies shattered by the disease, which has claimed more than 350,000 lives as infections top 5.6 million.

ECB’s de Guindos: Euro area economy to shrink between 8% and 12% in 2020

The European Central Bank (ECB) Vice President Luis De Guindos said on Wednesday, the Euro area economy is expected to shrink between 8% and 12% in 20

Euro zone economy to shrink between 8% and 12% this year: Christine Lagarde

Lagarde said the actual outcome would be between the "medium and "severe" scenarios

April manufacturing IIP to contract by 50-60 per cent: Report

"We believe IIP manufacturing and IIP in April will contract by 50% -60% with some improvement in May in the range of -30% to -35%" said the SBI report released on Wednesday. Official release of IIP numbers for April are scheduled to be released in the second week of June.

IndoStar Capital Finance raises Rs 1,225 crore

IndoStar has assets under management of around Rs 10,200 crore and has nearly 70,000 customers.

Indian Banks may need $20-50 bn capital over next 1-2 years as bad loans set to rise

Fitch Ratings has pegged the total capital requirement for India's banking sector at $50 billion.

Boeing and FAA: Safety protocol is flawed

Re: “FAA response preserves Boeing’s big role in certifying its own planes,” : It is obvious the Federal Aviation Administration (FAA) must depend on manufacturers like Boeing to...

GE switches off light bulb business after almost 130 years

GE started with lighting, but today it’s more of an “industry and debt” firm.

S&P/TSX composite down as materials sector falls, U.S. stocks mixed

Canada's main stock index recovered from early trading weakness Wednesday to move to its highest closing in nearly three months on the strength of the heavyweight financials sector.

S&P/TSX composite down as materials sector falls, U.S. stocks mixed

TORONTO — Canada's main stock index was down in late-morning trading as strength in the financial sector couldn't offset broad-based weakness on the Toronto Stock Exchange led by the materials sector. The S&P/TSX composite index was down 139.

Global stocks rise as lockdown measures ease further

Stock markets rose on Wednesday as more easing of coronavirus lockdowns created a positive buzz on trading floors, analysts said.

Some Aer Lingus cabin crew to be temporarily laid off

Aer Lingus has told its Shannon-based cabin crew that they are to be temporarily laid off, while those based in Dublin and Cork are to see rosters and pay reduced from 50% to 30% of normal.

Heat wave likely to recede in Central India from May 29 onwards: IMD

The IMD predicted that maximum temepratures in North India likely to recede from May 28

Current Heat Wave Likely To Continue For 2 More Days In Northwest, Central India

Conditions are favourable for further advance of Southwest Monsoon.

World Bank approves $346 Million for Nigeria, others on Lake Chad

The World Bank has approved $346 million in International Development Association (IDA) financing to help strengthen resilience and livelihoods..

World Bank approves $346m for projects in Nigeria, others

Ihuoma Chiedozie, Abuja The World Bank has approved $346m for two projects aimed at strengthening resilience and livelihoods in the Lake Chad region. A statement from the World Bank explained...

World Bank provides $346 million to strengthen resilience, livelihoods in Lake Chad region

It explained that overall, the Lake Chad region suffered from poor development and economic indicators compared to the averages in the four countries.

Germany’s Scholz sees recovery fund as more than money

German finance minister talks to POLITICO about the need to look beyond national economies to make an EU that can work for decades to come.

Numbers continue to grow, 354 domestic flights operated till 5pm today: Aviation Minister

After two months of being grounded, India resumed its domestic flight services on Monday with 428 flights functioning on day one.

123 Test Positive for Covid-19, Cases Rise to 1,471 [VIDEO]

Health CS Mutahi Kagwe confirmed that 123 more people tested positive for Covid-19 in the last 24 hours...

Covid-19: Kenya cases jump to 1,471 as 123 test positive

This is so far the highest daily increase in the country.

Another spike in coronavirus cases as 123 test positive

The total number of cases in the country now stands at 1, 471.

Day 3 of domestic flights: Airports handle 354 departures till 5 pm, says Puri

Domestic services resumed on Monday after a gap of two months, and 428 flights were operated within the country that day.'Till 5pm on day 3 today, there have already been 354 departures & 288 arrivals with a total of 47,917 people at various airports,' said Puri

Bose's most recent ANC headphones hit all-time low in rare sale

Noise-cancelling headphones aren't cheap, but they're a worthy investment if you frequently find yourself in noisy environments. With this deal on the

Boeing will lay off nearly 7,000 workers as the industry is decimated by the COVID-19 pandemic

Boeing said on Wednesday that it will lay off 6,770 US employees, “the first” wave of an expected round of job cuts as the coronavirus pandemic wreaks havoc on the aerospace sector.

Boeing will lay off nearly 7,000 workers as the industry is decimated by the COVID-19 pandemic, Business Insider - Business Insider Singapore

Business Insider - The company described the layoffs as "the first," with more expected later in the year.. Read more at businessinsider.sg

The coronavirus crisis will be 'hugely beneficial' to Amazon and other tech giants, billionaire investor Bill Ackman said, Business Insider - Business Insider Singapore

Business Insider - To the extent that investors are driving up stocks to reflect tech's bright prospects, the market "doesn't seem wrong to me," Ackman said.. Read more at businessinsider.sg

The coronavirus crisis will be ‘hugely beneficial’ to Amazon and other tech giants, billionaire investor Bill Ackman said

Stocks may be outperforming because US technology titans are poised to become even more dominant thanks to the coronavirus pandemic, billionaire investor Bill Ackman told The New York Times earlier this month.

68% of newly unemployed American workers could earn more money from government benefits than they did from their pre-pandemic jobs, research claims, Business Insider - Business Insider Singapore

Business Insider - Jobless data showed last week that about 39 million people in total have filed for unemployment in the last nine weeks of the pandemic.. Read more at businessinsider.sg

68% of newly unemployed American workers could earn more money from government benefits than they did from their pre-pandemic jobs, research claims

More than two-thirds of American workers who have filed for unemployment during the coronavirus are likely earning more from government insurance than they were when they had a job, according to research published by the National Bureau of Economic Research this week.

Chefs across Europe are protesting lockdown rules

In Latvia, Spain and France, restaurant workers are demaning help for their sector.

Cuomo to press Trump on reviving US economy with roads, bridges in White House meeting

WASHINGTON, May 27 — New York Governor Andrew Cuomo will press President Donald Trump to invest in the nation’s roads, bridges and rails during a White House meeting today as US states begin to reopen after the coronavirus outbreak left the economy in tatters. Cuomo’s visit to Washington...

Amid Fatal Nursing Home Fiasco, Cuomo to Meet Trump at the White House

New York Governor Andrew Cuomo is in Washington D.C. Wednesday for a meeting with President Trump at the White House. They are expected to discuss infrastructure and New York's ongoing efforts to reopen as the Wuhan coronavirus pandemic begins to slow.

OnePlus 8 Pro prices skyrocket from secondhand sellers as stock issues continue

A shortage of OnePlus 8 Pro units has left secondhand units being sold for considerably higher prices than you'd find at retail.

Blue crab stock remains within healthy range

Results from the latest Blue Crab Winter Dredge Survey—conducted annually by the Virginia Institute of Marine Science and Maryland Department of Natural Resources—show the Chesapeake Bay's blue crab ...

Adani Power gets approval to set up 1,320 MW plant in Madhya Pradesh

Pench Thermal Energy has signed a power purchase agreement with MP Power Management Company Ltd (MPPMCL) for procurement of 1,320 MW of electricity on long-term basis

Govt to use five hubs to bring back Indians on Vande Bharat flights

Over 275 Indians stranded in Mexico, Peru, Portugal and Netherlands returned via Amsterdam in first such flight on Wednesday

Govt orders probe against Jaiprakash Associates, Jaypee Infratech

The Jaypee group has already sold many cement and power plants to reduce its debt

NTPC to enter distribution space, eyes ADAG's two BSES discoms in Delhi

The ADAG has two discoms namely BSES Rajdhani Power Ltd (BRPL) and BSES Yamuna Power Ltd (BYPL)

Bond market signals rocky road ahead for Tata Motors, Jaguar Land Rover

JLR bonds trading at record yield of 13.2%, more than double since the pandemic broke out

Amrapali case: ED attaches JP Morgan assets worth Rs187 cr, firm cries foul

A bench of Justices Arun Mishra and U U Lalit asked the Enforcement Directorate to file a short reply on the grievance raised by the JP Morgan India

Coromandel International's Q4 PBT rises 91%, total income up 8.84%

The total income for the quarter rose 8.84 per cent to Rs 2880.82 crore from Rs 2646.96 crore in the year ago period.

See Dubai gradually reopening as COVID-19 restrictions are eased

People back in eateries, malls, gyms and offices in Dubai with social distancing in mind

HS2 supply chain opportunities webinar

The Federation of Small Businesses in the West Midlands is holding an hour-long online webinar on supply chain opportunities for the HS2 project.

Petropavlovsk PLC (PPLKF) CEO Pavel Maslovskiy on Q4 2019 Results - Earnings Call Transcript

Petropavlovsk PLC (OTC:PPLKF) Q4 2019 Results Earnings Conference Call May 27, 2020, 03:30 AM ET Company Participants Patrick Pittaway - Head of Investor Relati

Workday Shares Have Become A GARP Story - And A Good One At That

Workday will be announcing the results of its fiscal Q1 (ended 4/30/30) this Wednesday, May 27th. At this point, expectations are muted reflecting the extent to

We're In A Recession, Start A Company

We are in a severe recession with a lot of bad news, yet the amount of effort being put out to build new companies and restructure old companies is amazing. Is

Tesla: China Trade War Risk

President Trump will use China virus in his re-election campaign. Chinese government and consumers may push back on US companies. Stronger US Dollar will impact

AMD: 100X P/E Ratio Is Not Supported By 2020 Revenue Projections

No stock can maintain a 100x PE ratio without booming revenue. A recession/depression will depress overall demand. Competitor Intel is projecting a weak quarter

Applied Materials Could Be The First U.S. Victim China Sanctions

Applied Materials' acquisition of Hitachi Kokusai Electric is being held up awaiting regulatory approval from China. Hitachi Kokusai holds a strong position in

Photronics Inc. (PLAB) CEO Peter Kirlin on Q2 2020 Results - Earnings Call Transcript

Photronics, Inc. (NASDAQ:PLAB) Q2 2020 Earnings Conference Call May 27, 2020 08:30 A.M. ET Company Participants Troy Dewar - VP, IR Peter S. Kirlin - CEO John P

'Obvious' Shorts: The Highest Borrowing Fee Stocks In The U.S. Market Of May 2020

High borrowing fees are a red flag for a stock. I compiled a list of stocks that have 50%+ fees to borrow (for shorting). Canadian cannabis and corona-related s

LINK Has Grown 4x In The Last Year, And May Keep Growing

Chainlink was likely the best altcoin investment of the last 12 months - up nearly 4x from its $1 price last May. Partnerships continue to increase, including a

Etsy: Downgrading On Valuation And Competition

Shares of Etsy have been a major outperformed this year, rising 64% year-to-date despite a ~10% decline in the broader markets. The company has continued strong

Is Northern Oil And Gas Worth The Risk At This Price

We discuss Northern Oil and Gas's unique business model and how it may be a strategic advantage. We lay out the company's history of share dilution and will let

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.

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.

50% of consumers expect to increase ecommerce spends in the next one month: Facebook-BCG Report

The report also reveals how 43% consumers are expecting decrease in overall spend in the next six months

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.

Small talk is a big loss

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

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.

Glanbia announces biodiversity payment to suppliers

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

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.

China donates PPE to South Ayrshire carers thanks to Provost

The area faced a shortage of protective equipment

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

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...

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.

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.

’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.

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

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.

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.

Coronavirus impact: Cement production to witness steepest fall ever of upto 30% in FY21

The slowdown in cement industry, which was already impacted by tepid economic activity, was compounded by the coronavirus-led lockdown instituted in March

Doughnut firm sets up home delivery service in Uttoxeter

The company's success means it is expanding down the A50

Save $470 On The Razer Blade 15

Today, you can save $470 on the Razer Blade 15 in Mercury White. That brings the price down to just $2,129. Which is a really good price for this nearly

China says situation at India border 'under control' after Ladakh standoff

China and India have a sound border-relate­d mechan­ism and commun­icatio­n channe­ls, says Chines­e spokes­person­

Learn actionable tactics from search marketing experts – free!

Register now to access 40+ sessions that will help drive more traffic, leads, and sales.

'Mother of all sales' predicted for Devon and Cornwall's shops as they reopen

According to experts, there could be the 'mother of all sales' for the next few months

Board postpones cuts for a year

However, the entity reduced payment to bondholders by 65 percent

African Development Bank chief hits back over graft accusations

'I maintain my innocence with regard to trumped-up allegations that unjustly seek to impugn my honor and integrity, as well as the reputation of the African Development Bank,' says Akinwumi Adesina

New turbulence in high-stakes Lufthansa rescue drama

Lufthansa says its supervisory board is currently 'unable to approve' the aid package from Germany, as conditions must be 'analyzed intensively'

COVID-19 slowing down railway projects - Amaechi

Rotimi Amaechi, Nigeria's minister of transportation, has expressed worry over the effects of the coronavirus pandemic on Nigeria's existing railway projects.

Watchdog Questions Govt’s Anti-Corruption Policy at Customs

Integrity Watch Afghanistan (IWA) on Wednesday strongly criticized the Afghan government’s anti-corruption policy, saying actions promised by the Afghan government to curb corruption have b

Watchdog Questions Govt’s Anti-Corruption Policy at Customs

Integrity Watch Afghanistan (IWA) on Wednesday strongly criticized the Afghan government’s anti-corruption policy, saying actions promised by the Afghan government to curb corruption have b

High-Fashion Market Continues Its Digital Shift

Shopping for high-fashion apparel continues to change under the pressure of the pandemic, as Instagram makes a play to become the go-to platform for fashion.

Lexus Gains A Partner In Online Reputation Management

Lexus announced that it will partner with Widewail, an automotive reputation management and social media engagement solution.

Will Uncle Sam Soon Pay Companies To ‘Reshore’ Factories Back To America?

Will the U.S. government pay American companies to "near shore" supply chains, incentivizing a pivot away from China?

Lloyd Banks' "Til The End" Proves DMX Wrong

Lloyd Banks revealed the depth of his lyricism on 'Till The End,' a song that stands as one of his greatest artistic achievements. It’s difficult to imagine what prompted DMX to discredit Lloyd Banks in such a public fashion. Considering that the G-Unit rapper has been widely recognized as The...

Gold Price News and Forecast: XAU/USD at $1,700 again [Video]

With broad risk appetite turning positive in recent sessions, we have seen gold slipping lower. The positive near term outlook been gradually replaced

Gold Price News and Forecast: XAU/USD bears pause around two-week low above $1,700

Gold consolidates losses near the lowest since May 13 while taking rounds to $1,711/12 amid the early Asian session on Wednesday. The bullion dropped

Gold Price News and Forecast: XAU/USD tumbled to 1,705.00

Lately, gold price has responded with lower economic numbers, because the recent economic numbers reflect the impact of the outbreak of Covid-19, and

Gold Price Analysis: XAU/USD declines to 2-week lows, challenges $1700/oz

XAU/USD is losing considerable strength while trading below the main SMAs on the four-hour chart. Gold is slowly reversing its monthly gains while challenging

Gold Price News and Forecast: XAU/USD bounce from sub-4H 200-SMA has stalled

Gold's overnight drop below the 4-hour chart 200-candle simple moving average (SMA) was short-lived, possibly due to US-China tensions. Technical char

S&P 500 Price Analysis: US stocks battling with the 3000 mark

After the February-March collapse, the S&P 500 is recovering a great part of the lost ground. The market is trading in 2.5-month highs above its main SMA on th

S&P 500 Price Analysis: Pushing against the 3000 level on hopes of economic recovery

The S&P 500 Index has retrieved the whole coronavirus slump to reach levels beyond 3000 for the first time since early March. Investor’s optimism abou

Germany's DAX 30 Index: German stocks gain despite sell-off in tech shares

A sell-off in technology stocks dragged on the German stock market on Wednesday. Nevertheless, the DAX closed the eighth of its last nine trading days

WTI tumbles more than 5% toward $32.00

WTI (July futures on Nymex) broke to the downside and lost 4% in a few minutes, falling to $32.10, the lowest level since last Friday. The price is lo

GBP/USD extends losses and approaches 1.2200

The cable is dropping sharply on Wednesday, losing nearly 1% on the day after having peaked at 1.2353 to reach levels right above 1.2200. Investor’s

USD/CAD extends rebound, trades above 1.3800 on oil selloff

The USD/CAD pair fell to its lowest level in more than two months at 1.3725 on Wednesday and staged a decisive recovery in the second half of the day.

PocketBook eReaders now available in the US from Newegg

Switzerland-based PocketBook has been making eBook readers since 2007, but it’s been tough to find the company’s products in the United States for the last few years. Now Newegg is sell…

Indians are the most anxious over Covid fallout

Deloitte survey puts them at the top of a global anxiety index

Phase 3 still weeks away

British Columbia is now in the second week of its Phase 2 of reopening businesses, but any thoughts of removing additional COVID-19 restrictions is still at least three weeks away.

SA plans R357bn infrastructure fund, ANC says

Focusing on ‘network industries’ such as rail and ports, energy, broadband connectivity, water, sanitation and human settlements.

Taseko signs deal for Yellowhead copper project in Canada

Taseko Mines has signed an agreement with an indigenous nation as it seeks to secure regulatory approval for the Yellowhead copper project in Canada.

Beware of False Bottoms: Comparing Bitcoin and the S&P 500 to 1929’s Great Depression

False bottoms in Bitcoin and a comparison between the S&P 500 now and in 1929 suggest that more downside could be ahead, just like in 1929.

New Lenders Approved for CBILS

The British Business Bank has announced the approval of four new lenders for accreditation under the Coronavirus Business Interruption Loan Scheme (CBILS). The

Germany based Digital Bank N26 Publishes Survey Results Including US and European Markets

N26, a Germany-based digital bank that recently closed on $100 million funding as part of an extended Series D, is distributing survey results regarding the US

Air New Zealand Carepoints Donations Ramp Up

Just five days after the launch of the Air New Zealand Carepoints™ programme, the airline’s Airpoints™ members have already donated more than 172,000 Airpoints Dollars™ to Kiwis in need, smashing the initial 150,000 donation target.

Government Investment Supports The Acquisition Of New Interislander Ferries

State-Owned Enterprises Minister Winston Peters has welcomed KiwiRail’s announcement that it is seeking a preferred shipyard to build two new rail-enabled ferries for the Cook Strait crossing.

Lane Neave Advises MIE Pay On Australian Listing

Lane Neave has advised financial and technology company MIE Pay Limited on the New Zealand aspects of its listing on the National Stock Exchange of Australia.

New Zealand Facing Largest Decline In GDP In 160 Years

Estimates from the Reserve Bank today show New Zealand will this year experience the largest decline in annual GDP in at least 160 years, highlighting the seriousness of the economic crisis we are facing, National’s Finance Spokesperson Paul Goldsmith says.

Four things firms need to know about protecting employees during times of crisis

Four things firms need to know about protecting employees during times of crisis

Saudia to operate 60 domestic flights during first phase

Saudia to operate 60 domestic flights during first phase

Regeneron Stock Is a Solid Long-Term Buy

Investors are excited about Regeneron stock for its Covid-19 treatment. They're missing the point. Regeneron is a great long-term buy.

Nio Stock Is a Solid Buy After Rough Week

Nio stock took a beating in 2019, but the company is positioned for growth in 2020, with improving sales and extended Chinese EV subsidies.

As SPCE Stock Remains a Moonshot, Stay on the Sidelines

A "wait-and-see" approach may be the best way to play SPCE stock, as the company remains highly speculative.

10 Value Stocks to Buy From the Vanguard U.S. Value Factor ETF

The gap between expensive stocks and cheap value stocks to buy is wider than it has ever been. That's an opportunity for investors.

Don’t Rush to Buy Delta Stock, There’s Plenty of Time to Bottom Fish

While bottom fishers are scooping up airline stocks, DAL stock looks unlikely to make a significant recovery anytime soon.

India conducts over 1.16 lakh COVID-19 tests in 24 hours; Highest in a single day

A number of 1,16,041 lakh COVID-19 tests were conducted in the last 24 hours in the country which is highest in a single day so far.Whereas, the total number of 32,42,160 samples have been tested in India for coronavirus.

Liquor outlets in Kerala to open on May 28; new app to regulate customers

Using the mobile app, people will receive an e-token to book the time slot to visit the nearest outlet and this would reduce the crowds seen earlier, State Excise Minister T P Ramakrishnan said. The state-run liquor outlets and other bar and beer and wine shops were closed since March 24, when the centre declared nati

Central Bank reports €2.5bn profit for last year

The Central Bank is reporting a profit of over €2.5bn for last year – with just over €2bn o...

NABARD gets its new chief, G R Chintala

60% women in India own gold jewellery: WGC survey

European Commissions unveils €750-billion recovery plan

The European Commission proposed a €750-billion aid package to help Europe’s economic recovery from the fallout of the coronavirus pandemic on Wednesday

Moderna falls 20% amid reports that insiders have sold $89 million in shares this year as the stock has spiked (MRNA)

Moderna dropped as much as 20% on Wednesday amid a report from StatNews that insiders at the biotech company have liquidated $89 million in stock so far in 2020.

West African food trade under strain as COVID-19 shuts borders

* Traders see up to 30% losses due to COVID-19 restrictions* Goods spoil as border closures disrupt food transport* Trade frictions could contribute to food crisis - U.N.By Aaron RossDAKAR, May 27 (Reuters) - In ordinary times, it takes Boureima Diawara two or three days to truck his mangoes the 1,200 km (745 miles) from southern Mali to Senegal's seaside capital Dakar.

REFILE-West African food trade under strain as COVID-19 shuts borders

(Fixes typo in paragraph two)* Traders see up to 30% losses due to COVID-19 restrictions* Goods spoil as border closures disrupt food transport* Trade frictions could contribute to food crisis - U.N.By Aaron RossDAKAR, May 27 (Reuters) - In ordinary times, it takes Boureima Diawara two or three days to truck his mangoes the 1,200 km (745 miles) from southern Mali to Senegal's seaside capital Dakar.

Crisis Looming Over Handlooms: Six Relief And Revival Measures That Can Help The Sector Tide Over The Impact Of Covid-19 

Since mills are under lockdown, yarn supplies have come to a grinding halt, hitting the handloom sector severely.

aelf (ELF) Launch Cross-Chain Transfer Protocol

With the rise in the use of blockchain-based products and services, the enterprise demand for reliable performance, versatility, and blockchain interoperability solutions has increased as well. One of the most prominent bottlenecks that are hindering the mainstream adoption of distributed ledger technology (DLT) solutions is their interoperability. However, the rapid pace of development of blockchain interoperability solutions comes as a ray of hope that seeks to close the informational gap between different isolated blockchains.

Philips Avent’s final swansong before factory closure

A Suffolk manufacturing plant due to shut down in July has been providing headbands for facemasks during the coronavirus lockdown as its final swansong after operating for 84 years.

Regional, municipal administrative buildings could open in mid-June

Most of the buildings have been closed since March 18

PNC Financial Services Group Inc. Increases Holdings in Verisign, Inc. (NASDAQ:VRSN)

PNC Financial Services Group Inc. lifted its position in shares of Verisign, Inc. (NASDAQ:VRSN) by 9.9% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,095 shares of the information services provider’s stock after acquiring an additional 906 shares during the quarter. PNC […]

PNC Financial Services Group Inc. Boosts Position in Lincoln Electric Holdings, Inc. (NASDAQ:LECO)

PNC Financial Services Group Inc. increased its position in Lincoln Electric Holdings, Inc. (NASDAQ:LECO) by 10.7% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 26,951 shares of the industrial products company’s stock after purchasing an additional 2,610 shares during […]

PNC Financial Services Group Inc. Decreases Stock Holdings in Best Buy Co Inc (NYSE:BBY)

PNC Financial Services Group Inc. trimmed its stake in shares of Best Buy Co Inc (NYSE:BBY) by 4.6% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 41,823 shares of the technology retailer’s stock after selling 2,035 shares during the period. PNC Financial Services Group […]

PNC Financial Services Group Inc. Raises Stake in DENTSPLY SIRONA Inc (NASDAQ:XRAY)

PNC Financial Services Group Inc. boosted its position in DENTSPLY SIRONA Inc (NASDAQ:XRAY) by 36.9% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 46,949 shares of the medical instruments supplier’s stock after buying an additional 12,660 shares […]

Coal India arm awaits Centre nod for mining project in Assam

PTI Guwahati Coal India arm North Eastern Coalfields (NEC) has said its mining operations in Tikak Open Cast Project (OCP), under Saleki Proposed Reserve

RIL expanded in every conceivable technology trend: report

IANS Mumbai Reliance Industries (RIL) has expanded its horizon in every conceivable technology trend and the investments made by the company are bridging

2 out of 3 MSMEs are well-placed in lockdown

IANS New Delhi Two out of three micro, small and medium enterprises (MSMEs) are well-placed to surge through the lockdown while 30 per cent are very stron

Stringent lockdown further reduced GDP forecast: Fitch

IANS New Delhi India’s stringent lockdown norms have lasted longer than expected, said Fitch Ratings as it further reduced India’s GDP forecast to (-)

BC Ferries losing up to $1.5 million each day as pandemic tanks ridership

The company does not qualify for the wage subsidy

10 Conflict Resolution Skills Every Manager Needs

Conflict is a part of life. As a manager, conflict resolution skills should be a part of all professional development in order to ensure your team is functioning at its best.

Educational Codeforces Round 88 [Rated for Div. 2]

Hello Codeforces!

Banff ready to welcome visitors once again, some streets closed to vehicle access

A two block stretch of Banff Avenue will be closed to vehicles, along with a portion of Caribou Street.

ATSC 3.0 and the NAB Show Express: Part 1 - Consumers

The