Renault to cut 15,000 jobs

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

Renault to cut 15,000 jobs

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

Renault Cutting Nearly 15,000 Jobs Worldwide to Save Costs

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

French carmaker Renault to cut 15,000 jobs worldwide

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

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

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

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

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

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

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

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

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

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

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

Renault to restructure factories, confirms 15,000 job cuts

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

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

Carmaker eyes production cuts after fall in demand during coronavirus crisis

Renault poised to announce 15,000 layoffs worldwide

The overall cuts would affect just under 10% of Renault's 180,000 global workforce. The firm has around 48,500 staff in France.

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

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

Renault to cut 15,000 jobs, save RM9.7 billion by 2024

Lots of movement in the Renault-Nissan-Mitsubishi Alliance lately, what with the reveal of a new business strategy and Nissan both posting severe losses

Renault poised to announce 15,000 lay offs worldwide

Some 4,500 jobs would go in France, though largely through a voluntary departure plan and a retirement scheme, the CFDT's Franck Daout told Reuters on Thursday.

Renault poised to announce 15,000 layoffs worldwide: union

French carmaker Renault is poised to announce 15,000 layoffs worldwide on Friday as it unveils a plan to boost its profitability and cope with ...

Renault To Cut Nearly 15,000 Jobs, Alpine A110 Future In Doubt

Renault's plan is to save in excess of €2 billion over three years. It involves reconverting the Dieppe plant at the end of the Alpine A110's production.

Renault to cut 14,600 jobs worldwide and lower capacity

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

14,600 job cuts announced by Renault around the world, plans to save 2 billion euros

Renault has also announced a suspension of planned capacity increase projects in Morocco and Romania as well as further optimize its operations in Russia.

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

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

China to ban pork imports from India to 'prevent swine fever': Report

According to the daily, India reported its first case of ASF in both domestic pigs and wild boars in Assam earlier this month

China says will ban pork imports from India to 'prevent swine fever': Report

China News: Citing concerns regarding African swine fever (ASF), China has announced that it will put a ban on imports of pigs, wild boar and related products fro

China To Ban Import Of Pigs From India Over African Swine Fever: Report

Citing concerns over African swine fever (ASF), China has announced that it will put a ban on imports of pigs, wild boar and related products from India.

China reports African swine fever outbreak in Gansu province

BEIJING, May 29 (Reuters) - China's Ministry of Agriculture and Rural Affairs said on Friday it had found a new outbreak of African swine fever near the city of Lanzhou in northwestern Gansu province.More than 90 pigs had already died on the farm of 9,900 pigs, it said.The ministry has recently stepped up efforts to track cases of the disease, which is deadly to pigs and for which there is no cure or vaccine. (Reporting by Dominique Patton; Editing by Hugh Lawson)© Copyright Thomson Reuters 2020. Click For Restrictions - http://about.reuters.com/fulllegal.asp

China reports African swine fever outbreak in Gansu province

BEIJING (Reuters) - China’s Ministry of Agriculture and Rural Affairs said on Friday it had found a new outbreak of African swine fever near the city of Lanzhou in northwestern Gansu province.

Morning Digest: India open to dialogue with Nepal; citing swine fever, China bans pork imports from India, and more

A select list of stories to read before you start your day

Sun Pharma to test pancreatitis drug in Covid-19 patients in India

Sun Pharma it has initiated manufacturing of the active pharmaceutical ingredient and the finished product of the drug using technology from its unit, Pola Pharma Japan.

Sun Pharma to test pancreatitis drug in COVID-19 patients in India

BENGALURU (Reuters) - Drugmaker Sun Pharmaceutical Industries Ltd said on Friday it has received Indian regulatory approval to start clinical trials of a pancreatitis drug in COVID-19 patients.

Sun Pharma to conduct clinical trial of pancreatitis drug in COVID-19 patients

Shares of Sun Pharma rose 5 percent intraday on Friday after receiving approval from the Indian drug regulator for clinical trial of its drug on COVID-19 patients.

Britain’s biggest solar farm – the size of almost 1,000 football pitches – gets green light in Kent countryside despite fears it will harm the local area

The £450million project Cleve Hill solar park will be capable of generating enough electricity to power more than 91,000 homes through producing 350 megawatts.

Britain's biggest solar farm will be size of 600 football pitches

Nearly one million solar panels will be installed on farm land on the north Kent coast.

UK’s largest solar farm to be built in Kent despite countryside concerns

Construction work on Cleve Hill solar park is due to begin in 2021, with the site operational by April 2022.

Europe Airs ‘Grave Concern’ Over China’s Move in Hong Kong

The European Union voiced “grave concern” over sweeping new Chinese national-security legislation in Hong Kong and questioned China’s respect for its international commitments.

Europe reaches a tipping point over China’s Hong Kong gamble

European anger is palpable, and there are signs that China’s moves could have ramifications further down the line, by speeding European efforts to adopt a more unified industrial policy and influencing decisions on the role of Huawei Technologies Co. in 5G networks.

Google could pick up stake in Vodafone Idea

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

Google may pick 5% stake in Vodafone Idea

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

Google considering taking stake in Vodafone Idea: Report

A deal with Google could be a lifeline for Vodafone Idea, which owes as much as Rs 54,000 crore in adjusted gross revenue dues to the government.

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

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

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

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

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

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

Daily briefing: Satellite picks up Chinese artillery near LAC; Google mulls taking stake in Vodafone Idea

After Facebook bought a stake in Jio, now Google is looking to invest in Indian telecom. The Financial Times reported that it is eyeing the debt-laden Vodafone Idea.

Magic Leap CEO Rony Abovitz to step down

Magic Leap is not yet naming a replacement.

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

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

Magic Leap CEO to step down

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

Translation From VC-Backed PR Jargon To English of Magic Leap CEO Rony Abovitz's Statement That He's 'Stepping Down'

From a company-wide memo sent by Rony Abovitz, the founder of Magic Leap, which has raised nearly $3 billion from high-profile investors including Andreessen Horowitz, Google, AT&T, NTT DoCoMo, Public Investment Fund of Saudi Arabia, JP Morgan, Kleiner Perkins Caufield & Byers: As we've sha...

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

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

Output of eight infrastructure sectors contracts by 38.1% in April

During the month of nationwide lockdown, cement and steel output shrank 86% and 83.9% respectively, while electricity and coal output fell 22.8% and 15.5% respectively

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

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

Core sector output contracts by record 38.1 per cent in April

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

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

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

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

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

Renault staying in Formula One despite massive restructuring

Renault will stay in Formula One, interim Chief Executive Coltilde Delbos said on Friday after announcing the carmaker's restructuring measures including plans to cut 15,000 jobs worldwide. Renault's F1 future had been uncertain given the financial pressures on the French car giant and a slump in demand due to the COVID-19 pandemic. Renault finished fifth overall last season.

Motor racing: Renault staying in Formula One - interim CEO

PARIS (Reuters) - Renault will stay in Formula One, interim Chief Executive Coltilde Delbos said on Friday after announcing the carmaker’s restructuring measures including plans to cut 15,000 jobs worldwide.

TikTok owner ByteDance moves to shift power out of China - sources

BEIJING/NEW YORK/WASHINGTON — TikTok’s poaching of Disney’s Kevin Mayer to be its CEO was just the most visible part of a broader strategy by its Chinese owner to shift its center of power away from China at a time of rising global tensions, several people familiar with the plans said.

TikTok owner ByteDance moves to shift power out of China: Sources

TikTok's poaching of Disney's Kevin Mayer to be its CEO was just the most visible part of a broader strategy by its Chinese owner to shift its centre of power away from China at a time of rising global tensions, several people familiar with the plans said.

TikTok owner ByteDance moves to shift power out of China: Report

ByteDance has quietly made a series of moves in recent months to transfer global decision-making and research capabilities out of its home country. The changes come at a time of heightened tension between the United States and China over trade, technology and the COVID-19 pandemic.

TikTok maker ByteDance looks to shift power out of China amid rising global tensions

TikTok’s poaching of Disney’s Kevin Mayer to be its CEO was just the most visible part of a broader strategy by its Chinese owner to shift its centre of power away from China at a time of rising global tensions, several people familiar with the plans said.

ByteDance plans to shift its power center from China - Gizchina.com

ByteDance plans to shift its power center from China. The company is actively recruiting top executive and engineers outside China

In Boom-and-Bust San Francisco, Pandemic Brings Grim New Reality

Uber, Lyft and Airbnb have slashed thousands of jobs. Salesforce and Visa are letting employees work remotely for months; Twitter and Square are allowing them to do so for good.

Goldman’s Eccentric Couch-Surfing Trader Plans a Credit Fund

Not many Goldman Sachs partners seek out citizenship in a tiny Caribbean island to speed through airports. Ali Meli wasn’t your typical Goldman partner.

Norway plans $369 million green industry investments

OSLO (Reuters) - The Norwegian government proposes spending 3.6 billion Norwegian crowns ($369 million) on investments to make its economy greener as it gradually emerges from coronavirus lockdowns, the government said on Friday.

Germans cook more in coronavirus crisis, turn away from junk food

HAMBURG (Reuters) - Many Germans cooked more meals themselves during the coronavirus crisis and also used more fresh ingredients rather than processed foods, the food and agriculture ministry said on Friday.

Pakistan drug firm to import potential COVID-19 treatment from Bangladesh

KARACHI, Pakistan (Reuters) - A pharmaceutical company in Pakistan plans to import the antiviral drug remdesivir, which has shown promise in treating coronavirus patients, from neighbouring Bangladesh, it said in a stock exchange filing on Friday.

Singapore says Malaysia wants further deferral of joint rail project

SINGAPORE (Reuters) - Singapore said on Friday it was reviewing a request by neighbouring Malaysia to further suspend a high speed rail project set to link the city-state to Malaysia’s capital Kuala Lumpur.

Total shareholders reject motion to boost climate credentials

PARIS (Reuters) - A majority of French oil major Total’s shareholders have rejected a resolution by a group of investors aimed at changing the company’s statutes to do more to meet its obligations under the 2015 Paris climate accord.

Coronavirus: Pilot flew to Anglesey 'to go to the beach'

Airfield staff thought the pilot made an emergency landing but he came to enjoy the coast, a report says.

Coronavirus: New mortgage holiday should affect credit record, says Nationwide boss

The UK's biggest building society says struggling applicants should be flagged to lenders.

Madras high court issues notices to Franklin Templeton MF, Sebi: Investors Group

India Business News: Notices have been issued to crisis-hit Franklin Templeton Mutual Fund and Sebi by the Madras High Court after a petition was filed by an investors gro

Madras High Court slaps notices to Franklin Templeton MF, Sebi, says Investors Group

Madras High Court issues notices to Franklin Templeton Mutual Fund, SEBI: Investors group

Notices have been issued to crisis-hit Franklin Templeton Mutual Fund and Sebi by the Madras High Court after a petition was filed by an investors group to safeguard nearly Rs 28,000 crore of investors' money stuck in six schemes shut down by the fund house, according to a statement

SoftBank investment chief given 113% pay rise despite Vision Fund woes

Ex-Deutsche trader Rajeev Misra earns $15m even after historic losses at Japanese tech group

BaFin examines Wirecard chief’s share purchase

Markus Braun’s move falls within pre-results period when managers usually may not trade

Iconic luxury department store Harrods to open its first outlet location in a bid to shift excess stock that has built up in its store during the lockdown

Harrods outlet store opens at Westfield shopping center in London in July.

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

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

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

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

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

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

Railway Reservations can be made up to 120 days in advance from 31st May

Railway Reservations can be made up to 120 days in advance from 31st May: - Summary of the Gallery

Indian Railways reinstates advance ticket reservation window to 120 days

According to a Railway Ministry spokesperson, the changes shall be implemented from 8 am of the train booking date of May 31 onwards

Reservation period for special trains increased to 120 days: Indian Railway

The changes will be implemented from May 31 onward, according to Indian Railways

Railways to continue advance booking after May 31

Pakistan Railways to continue advance booking after May 31.

Indians to skip border trade with China through Lipulekh pass this year

Indian traders have decided not to do trade with China through Lipulekh pass this year as a precaution against COVID-19. They conveyed their unwillingness to participate in the annual exercise during a preparatory meeting. Officials said there has been no word so far from the Centre as well on border trade as the lockdown against coronavirus continues.

Coronavirus | Indians to skip border trade with China through Lipulekh pass this year

There has been no word so far from the Centre on the issue, say officials.

Vodafone Idea dismisses report of Google buying stake

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

Vodafone Idea Denies Reports Of Likely Stake Sale Talks With Google

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

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

Famous tourist sites remain closed as lockdown rules are eased

Visitor to France will not yet be able to see the Mona Lisa, climb the Eiffel Tower or look around the Palace of Versailles.

Famous tourist sites remain closed as lockdown rules are eased

Visitor to France will not yet be able to see the Mona Lisa, climb the Eiffel Tower or look around the Palace of Versailles.

Famous tourist sites remain closed as lockdown rules are eased

Visitor to France will not yet be able to see the Mona Lisa, climb the Eiffel Tower or look around the Palace of Versailles.

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

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

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

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

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

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

IDC: Apple still dominates the wearable market with 21.2 million units shipped in Q1 2020

Apple continues to lead the market for wearable products, according to the latest IDC report. The company shipped 21.2 million units of these products in the first quarter of 2020, which represents 29.3% of the total share. Compared to the first quarter of 2019, the company grew by 13.3 million units, or 23.7% of market […]

Apple retains top spot in the wearables market in Q1

A new report suggests Apple shipped over 21 million wearables units in Q1, giving it a 29.3% market share.

TJ Maxx, Marshalls, HomeGoods expect to reopen end of June

There is more progress on the road to reopening for T.J. Maxx, Marshalls, and HomeGoods.

TJ Maxx, Marshalls, HomeGoods expect to reopen end of June

TJX Companies, the stores' parent company, says it expects most of its stores to open by the end of June.

Sun Pharma gets DCGI nod to start clinical trial of Nafamostat drug in COVID-19 patients

Three clinical trials are undergoing to test Nafamostat in Covid-19 patients; these trials are being led by the University of Tokyo Hospital, Japan; Gyeongsang National University Hospital (South Korea); and a collaborative trial by University Hospital, Italy, University of Zurich, Switzerland and Yokohoma City University, Japan

COVID-19 in India: DCGI allows clinical trials of Sun Pharma’s Nafamostat

Covid-19: Sun Pharma gets approval for clinical trial of Nafamostat

Covid-19: Nafamostat was found to be the most potent drug and was able to inhibit virus entry at very low concentrations, consistent with findings from Japan and German labs.

Sun Pharma gains 5% on DGCI nod to initiate clinical trial of drug on COVID-19 patients

Nafamostat is approved in Japan for improvement of acute symptoms of pancreatitis and treatment of Disseminated Intravascular Coagulation (DIC).

Lifetime community rating leads to rise in low cover plan purchases

Research suggests many first-time buyers bought cheap plans with limited benefits

Lifetime community rating cited for rise in low cover health plan purchases

Research suggests many first time buyers bought cheap plans with limited benefits

‘It’s safe to fly’, EU aviation safety boss says

Comments support Ryanair CEO Michael O’Leary call for loosening on restrictions

Charities find new ways of raising money during lockdown

Strip and Dip skinny dip and Cycling Ireland take events online in bid to raise funds

Iput secures €200m in ‘green finance’ for delivery of new LinkedIn HQ

Funds form part of €300m revolving credit facility agreed with Wells Fargo Bank

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

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

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

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

Lockdown 5.0: In 'exit plan,' positive sign for Metro, malls, restaurants

The new guidelines for the extended lockdown, however, will be comparatively much stricter for 13 worst COVID-19-hit cities.

Lockdown 5.0: In 'exit plan,' positive sign for Metro, malls, restaurants

New Delhi: Three days ahead of completing 68-day countrywide lockdown, the Centre is learnt to have come up with a roadmap of an exit plan from the crisis in its fourth extension of the restrictions...

Lockdown 5.0: In 'exit plan,' positive sign for Metro, malls, restaurants

The new guidelines for the extended lockdown, however, will be comparatively much stricter for 13 worst Covid-19-hit cities

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

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

Singapore top source of FDI in FY20 with investments worth $14.67 billion

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

Job-seekers targeted in upfront fee scam

Recruitment firm claimed farm workers needed criminal background checks

Automatic refill: Driverless prescription delivery is here | ZDNet

Coming off pandemic, health is a growth sector for robots.

Consumer confidence up for first time in five months in Japan

The figure is the second-lowest since April 2004 and lower than the 27.5 posted in January 2009 during the global financial crisis.

Labour ministry to provide free skills training to job seekers registered on National Career Service portal

The training will encompass modules on corporate etiquette, improving inter personal skills, making impactful presentation including other necessary soft skills needed by the industry. The training module is available in two languages, Hindi and English, on the NCS portal.

Funds recommend keeping equity allocations on hold at 7-month low: Poll

Asset managers were almost evenly split on whether this year's lows for key indexes would be revisited.

Market movers: Vodafone in focus, pharma names rally; 2 stocks give sell signals

Here is what happened in Fridays session.

Expect demand to start picking up post Diwali: Nitin Jain

‘We have to ensure that the companies in this period are able to sustain themselves

Month-End Profit-Taking Weighs On Equities As The Euro Pops Above $1.11

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

Month-End Profit-Taking Weighs On Equities As The Euro Pops Above $1.11

Equity markets in the Asia-Pacific region were mixed, with Japan, Hong Kong, Australia, and Taiwan seeing selling pressure. The Dow Jones Stoxx 600 is snapping

Canopy posts $1.3-billion loss on impairment and restructuring charges; shares tumble

Ontario-based Canopy Growth’s net loss attributable to the company widened to $1.30 billion, or $3.72 per share, in the quarter ended March 31, from $379.5 million, or $1.10 per share, a year ago

Friday’s small-cap stocks to watch

Our roundup of Canadian small-caps making news and on the move today

Citi indicator sees 70% chance of market losses from here

Daily roundup of research and analysis from The Globe and Mail’s market strategist Scott Barlow

Better Buy: Magellan Midstream Partners vs. NuStar Energy

A midstream player that's changed its business or one that's stuck to its knitting? The choice isn't easy with both offering 9%+ yields.

Decoding the Stock Market: The Vocabulary of Volatility

Here are some of the most important volatility concepts for investors to know.

COVID-19 Watch: Hotels, airlines look for new revenue streams, hold on to cash to tide over liquidity crunch

Other steps like drastic cost control and a sharp reduction in future supply addition are also in the offing.

COVID-18 Watch: Hotels, airlines look for new revenue streams, hold on to cash to tide over liquidity crunch

Other steps like drastic cost control and a sharp reduction in future supply addition are also in the offing.

Amazon in talks for new office despite pandemic

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

Amazon in talks for new Dublin office even as virus hits

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

Franklin Templeton’s legal troubles rise as Madras HC issues notice

The court sought a status report from Sebi on the refund process.The matter would be next heard on 26 June

IRCTC train ticket booking: Reservation period extended, tatkal brought back

The tatkal ticket booking facility will also be applicable for 200 special mail express trains that will commence from June 1.Indian Railways partially resumed services with 30 special AC trains on May 12

CWB reports Q2 profit down as provisions for credit losses soar

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

CWB Financial reports Q2 profit down as provisions for credit losses soar

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

Warren Buffett's Berkshire Hathaway lost Bill Gates as a director this year. Here are its 14 board members.

Warren Buffett's Berkshire Hathaway lost one of its highest-profile directors when Microsoft cofounder and billionaire philanthropist Bill G...

Stop and Shop extends 10% pay bump for hourly workers

Stop and Shop plans to extend a 10% pay increase until July 4.

Big petrol price increase coming in June – AA

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

SA facing ‘hefty’ petrol price increase in June (plus diesel shortages)…

The Automobile Association says South Africa’s fuel prices are set to climb in June in a “dramatic reversal of April's chaotic fuel market”.

Expect a big jump in the petrol price next week

In a dramatic reversal of April’s chaotic fuel market, fuel prices are set to climb in June, the Automobile Association (AA) says, citing unaudited month-end fuel price data released by the Central Energy Fund.

A new horizon for vibrational circular dichroism spectroscopy

Vibrational circular dichroism (VCD) spectroscopy is an extension of circular dichroism spectroscopy into the infrared and near-infrared regions where vibrational transitions occur in the ground electronic ...

Aquaculture industry set to be a boon for Northern Australian economy

Northern Australian aquaculture is set to increase its production five-fold to exceed $1.34 billion in value and produce more than five times its current volume of fish, prawns and other seafood products ...

I am cautiously optimistic about demand revival in H2: TVS Motor CEO

While the company expects to outdo the industry on domestic sales and exports, its capex in the current year is likely to come down substantially

World coronavirus dispatch: The UK-NZ-Germany success, and Korea's haste

From carmaker Renault laying off 14,600 people, to S&P's downgrading Rolls-Royce to junk, and the third type of coronavirus transmission - read these and more in today's world dispatch

KCR launches last phase of Rs 1 trn Kaleshwaram Lift Irrigation project

The project is designed to lift as much as 180 thousand million cubic feet of water from the River Godavari

Delhi HC restrains Quikr, Olx from publishing ads related to Reliance, Jio

Defendant's web portal enables consumers to publish advertisements for selling and offering goods and services for a consideration

Warner Music IPO aims to strike a chord in ‘Six Feet Apart’ era

Streaming likely to boost investor interest amid pandemic lockdowns

New York gold traders are drowning in a glut they helped create

Shutdowns strangle supply routes that allow physical bullion to move around the globe

Belfast International Airport announces voluntary redundancy programme

It is estimated to lose 45 employees out of a total workforce of 195 due to ‘devastating’ impact of the pandemic on air travel.

Go Outdoors to reopen Shrewsbury and Wolverhampton stores

The Go Outdoors stores in Wolverhampton, Kidderminster and Shrewsbury will reopen on Saturday.

Belfast International Airport announces voluntary redundancy programme

It is estimated to lose 45 employees out of a total workforce of 195 due to ‘devastating’ impact of the pandemic on air travel.

Semler Scientific: High-Quality Medical Stock With Cash Flow Growth And Zero Debt

Semler Scientific's blood-flow measurement product, QuantaFlo, offers major advantages over the more widely-used blood pressure cuff technique. Semler achieved

Boyd Gaming: Vegas Locals Market Spurt Will Drive Faster Recovery Than Strip After June 4th Reopening

The Las Vegas locals market has been one of the strengths of Boyd. Demos suggest a quicker revenue recovery than strip properties. Pre-virus growth showed balan

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

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

Wall Street Breakfast: U.S.-China Tension Ratchets Up

Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha, iTunes, Stitcher and Spotify (click the highlighted

Tracking Robert Karr's Joho Capital Portfolio - Q1 2020 Update

Robert Karr's 13F portfolio value decreased from $671M to $386M this quarter. Joho Capital decreased Microsoft, Global Payments, and Floor & Decor Holdings duri

First Horizon National: A 6.5% Yield Your Portfolio Should Have

First Horizon National is one of the largest regional banks in the Southeast with more than $32 billion in deposits. The company has seen strong loan growth amo

Unique ETFs With Downside Protection | Part 1 - SWAN ETF

SWAN ETF is a means of participating in the upside of the S&P 500 (not by 100%) while limiting your downside significantly. Think of this as a treasury fund wit

Elastic: Attractive Expansion Around Its Core Competencies

Elastic is leveraging its core competence in IaaS search technology to expand into the fast-growing cloud security and APM markets. It also continues to maintai

Learning From The Ups And Downs Of The Stock Market

Thus far in 2020, the stock market has experienced daily moves of 1.5% or more (up or down) 43% of the time. Of the 100 trading days thus far in 2020, 53 have b

Olympus Corporation 2020 Q4 - Results - Earnings Call Presentation

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

TMX Group: A Consistently Growing Dividend

TMX Group operates the Toronto Stock Exchange and the TSX Venture Exchange. Higher volatility levels should result in a strong Q2 (on the back of an improved Q1

ReneSola Ltd 2020 Q1 - Results - Earnings Call Presentation

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

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

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

Bharti Infratel share price doubles from March lows, stock gains 8% today; check new target prices

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

Mixed use developments to see an upsurge; Here’s why

As we start thinking of living in the post-COVID world, there are diverse perspectives on how cities can better respond to the current and future crises. There is a rise in demand for living within close proximities so that one can ‘walk from home’ to workplace and essential services to avoid dependency on public transport.

Modi’s Rs 21 lakh cr package not enough; industry says govt needs to do this for companies to survive

Given the major disruptions caused by the coronavirus pandemic, the industry has asked for increased government spending, direct cash transfers to consumers, and deferment of taxes.

Inflation pushes sharply into negative territory

Consumer price inflation here fell by a dramatic 0.9pc in May according to a first estimate by European Statistics Agency Eurostat.

Rare Red forest fire warning issued

The forest service has issued a rare Red forest fire warning as high temperatures and dry weather look set to persist into the weekend.

Brexit Boost: Nissan Backs Britain as It Pulls out of EU

Japanese carmaker Nissan has announced that it will retain its plant in Sunderland, England, but will be closing its factories in Spain.

India’s coronavirus death toll overtakes that of China

This is the first time that the single-day spike crossed the 7,000 mark.

₹32.86 crore allocated for horticulture farms in Virudhunagar

Drip and sprinkler irrigation facility to be provided under Central scheme

Glasgow garage boss flogging cheeky ‘wee f*nny’ number plate – and it could be yours for £25,000

A GLASGOW garage boss is selling his prized W33 FNY number plate – and it could be yours for a cool £25,000. Matt Kandola has spent the last five years with the cheeky plate on his R35 Nissan…

McDonald's to re-open drive-thrus in Airdrie and Coatbridge

Fewer employees will be in kitchens and service areas to maintain social distancing rules

'McLovin it': McDonald's to reopen East Kilbride drive-thrus next week

The fast food favourite will announce which Golden Arches branch is reopening only on the morning that service is resuming in order to manage demand.

SpaceX gets FAA approval for Starship flight tests

SpaceX has received an FAA license allowing the company to carry out suborbital flight tests of its Starship next-generation launch vehicle.

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

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

World Bank lends Philippines US$500m to counter virus impact

MANILA, May 29 — The World Bank Group approved a US$500 million (RM2.2 billion) loan for the Philippines to help it cope with the economic impact of the novel coronavirus pandemic, the Bank said today. The Philippine government will begin easing from June 1 one of the world’s toughest and...

KL-Singapore High Speed Rail construction suspension extended beyond May 31

SINGAPORE, May 29 — The suspension of the construction of the 350-kilometre Kuala Lumpur-Singapore High Speed Rail (HSR) project may be extended beyond May 31, 2020. “Malaysia had asked to extend the suspension period to allow both sides to discuss the changes they have in mind. “We are...

Ringgit higher against US dollar on improved global sentiment

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

Mah Sing’s Q1 net profit falls to RM30.07m

KUALA LUMPUR, May 29 — Mah Sing Group Bhd’s net profit in the first quarter ended March 31, 2020 (Q1 2020) fell to RM30.07 million from RM55.01 million in the same period last year. Revenue declined to RM371.13 million from RM450.33 million previously. In a filing with Bursa Malaysia today, Mah...

Portugal’s once-booming tourism collapses due to coronavirus

LISBON, May 29 — Portugal’s once-booming tourism sector collapsed in April as lockdowns to contain the spread of the coronavirus grounded flights and kept visitors from the country’s largest market Britain away. The National Statistics Institute (INE) said in its flash estimate today the...

Faster Malaysia-Singapore entry permit vetting during MCO with myPASS

JOHOR BARU, May 29 — The Malaysian Entry Permit Application System (myPASS), a new dedicated web-based application system, is expected to deliver faster and easier processing of entry permit applications by eligible travellers from Singapore to Malaysia during the movement control order (MCO). In...

SpiceJet gets DGCA approval to conduct drone trials, plans delivery of essentials in remote areas

A SpiceXpress-led consortium had submitted a proposal to the regulator for conducting experimental Beyond Visual Line of Sight (BVLOS) operations of remotely piloted aircraft in response to a DGCA notice inviting Expression of Interest.

Center Parcs issues reopening update and new social distancing guidance for guests

The holiday company has its HQ in Notts

Credit guarantee scheme: No immediate 100% payments to banks if MSMEs default

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

Coronavirus vaccine: Pfizer CEO claims COVID-19 medicine could be ready by October-end

American pharmaceutical giant Pfizer is conducting clinical trials with German firm BioNTech on several probable vaccines in Europe and the United States

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

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

TS POLYCET 2020: Entrance exam to be conducted on 1 July; SBTET extends application deadline till 9 June

The State Board of Technical Education and Training in Telangana has announced that the TS POLYCET 2020 will now be held on 1 July from 11 am to 1.30 pm

OGRA proposes Rs7.06 per litre cut in petrol price

Recomm­endati­on in line with decrea­se in global crude prices­

900 Acre Solar Farm Agreed for Kent Coast

The government has given a controversial plan for a solar farm the go ahead, with the mammoth 900 acre site set to be the country's largest array of panels by some margin; and requiring the biggest battery we've ever seen too.

Lamborghini Miura P400 Listed for $1M USD

The 1968 model is just one of 275 produced.

Uber Says AB5 Could Cost 158,000 Drivers Their Jobs

If Uber is forced to classify drivers in California as employees, 158,000 will be out of work, the company said. Passengers could see prices rise by 120 percent.

Starling Scores $49 million From Its Investors

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

Deep Dive: Offering An End-To-End Experience Through ATMs

This Deep Dive explores the latest ATM banking innovations and credit unions' redefined roles as COVID-19 restrictions alter their relationships with members.

Mastercard Debuts COVID-Recovery Data Tools For Business, Gov’t

Mastercard is offering its data insight tools to businesses and governmental bodies looking to try and assess how to move out of the pandemic.

Inertia and the power grid: A guide without the spin

The power grid is evolving to include ever-higher levels of wind and solar generation—which do not provide inertia, historically a key source of grid reliability. Should system planners and operators ...

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

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

EUR/CHF: Base completed with next resistance at 1.0710/17 – Credit Suisse

The EUR/CHF short-term trend has accelerated to the upside, with key resistance seen at 1.0710/17, ahead of 1.0772/88, per Credit Suisse. See: EUR/CHF

AUD/USD trades at fresh session highs near 0.6660 ahead of key US data

The AUD/USD pair came under strong bearish pressure toward the end of the American session and fell to 0.6620 area. Heightened US-China tensions over

Heralding a new era for agriculture

While the recent reform steps and stimulus package for agriculture will go a long way in boosting farmers’ income, price volatility in perishables continues to be a challenge

LIVE ARCHIVE: Economic cluster detail Level 3 regulations

Briefing due at 2pm on Friday.

South African Airways administrators seek more time for rescue plan

If the delay in publication is approved, they will start those talks on June 1, they said in the letter, dated May 28.

Epiroc secures contract from Codelco for Chuquicamata mine in Chile

Epiroc has secured a large equipment and service contract from Chilean state-owned copper miner Codelco for use at its Chuquicamata mine in northern Chile.

SkipTheDishes has seen an 89 percent jump in new restaurants during the COVID-19 pandemic

SkipTheDishes has revealed new data regarding how its business has been faring during the COVID-19 pandemic.

Bitcoin Sells Off At $9.5K Ahead of Trump’s China Response; What’s Next

Bitcoin traded lower on Friday as traders refrained from taking more significant risks amid escalating geopolitical tensions between the U.S. and China.

Cruise ship ban extended, effectively scuttling season in Greater Victoria

The cruise-ship season that was forecast to bring more than three quarters of a million passengers to Victoria’s shores — and an estimated $130 million in economic activity — has . . .

Goldfinch acquires 80% of Vesta for $125 million

Venture capital firm Goldfinch Partners has spent $125 million to acquire an 80% stake in fraud protection and e-commerce payments outfit Vesta.

P2P Lender Archover to Begin Offering New Secured Lending Again, According to Charlotte Marsh, MD at ArchOver

Charlotte Marsh, managing director at ArchOver, a peer-to-peer (P2P) lending platform supporting SMEs business borrowing, has argued that the COVID-19 outbreak

COVID-19: Planning For Major Projects At NZ’s Largest Industrial & Residential Development Underway

More than a fifth of the 170 hectares of commercial land available at the country’s largest industrial and residential development have now been sold as businesses look to establish large scale local operations in a post-COVID environment.

National Strategy For Careers And Employability Is The enduring Solution Grant Robertson Is Seeking

In announcing the Covid Income Relief Payment this week the Hon. Grant Robertson stated the Government is also considering an “enduring solution” to support New Zealanders experiencing job loss beyond the current crisis. The Career Development Association of New Zealand (CDANZ) welcomes this news but also asks: where is a National Strategy for Careers and Employability that would underpin such an initiative?

Exposing the deep underbelly of CSGO hacks and its thriving community

Hacking has grown exponentially in CSGO, and it seems like it has become a million-dollar industry.

Viettel selects Digital Virgo for carrier billing

Vietnam-headquartered Viettel Group signed a global deal with Digital Virgo to deploy its direct carrier ...

Bosnia: Officials, firm owner arrested over ventilator deal

SARAJEVO, Bosnia — Bosnian authorities have detained two high-ranking state officials and the owner of a private company which imported 100 ventilators from China that were found to be useless for COVID-19 patients.

G20 Debt Service Suspension Initiative receives 36 applications

Saudi G20 Presidency Policy Lead of the International Financial Architecture Working Group Bandr Alhomaly said, “Debt Service Suspension Initiative is a hallmark achievement in the G20’s history.”

WTTC launches Safe Travels protocols for aviation, airports, MICE and tour operators

The welfare of travelers and the millions of people employed throughout the Travel & Tourism sector at the heart of this new comprehensive package of Safe Travels protocols.

Marathon Oil Stock Will Continue to Limp Along as the Pandemic Continues

MRO stock is down 56% from last December, and it doesn't seem like stock will rally anytime soon considering the volatility in the market

AMD Stock May Look Weak, but There’s Still Lots of Opportunity

It’s had a great run and there’s now evidence of better things to come, but AMD stock investors need to respect a good defensive game first.

Canopy Growth Stock Is Still Among the Most Compelling Marijuana Plays

CGC stock is well-positioned to become a leader in the cannabis industry with its steady partnership with a beverage industry giant.

7 5G Stocks to Buy for the Future of Telecom

Sure, many investors are still obsessing over the coronavirus, but it's time to invest in the future. That's why these 5G stocks are buys now.

Nissan unveils four-year transformation plan – to cut production by 20%, reduce model range, focus on EVs

Nissan, which yesterday announced a net loss of 671 billion yen (RM27.1 billion) for the year that ended in March, has revealed a four-year restructuring

Amazon Australia's Mid-Year Sale 2020: The Best Deals So Far

Being cooped up inside for weeks on end has given many of us the urge to splurge. With the announcement of Amazon's month-long Mid-Year Sale, you'll now be able to do that without throwing away too many of your precious pennies....

£400k for IoT security design schemes

The government has launched a £400,000 funding pot for innovators to design schemes to boost the security of  internet-connected products, Digital Infrastructure Minister Matt Warman announced today.

EU's Greenhouse Gas Emissions Continue To Fall As Coal Ditched

An anonymous reader quotes a report from The Guardian: Greenhouse gas emissions in the EU continued their fall in 2018, the latest year for which comprehensive data is available, according to a new report from Europe's environment watchdog. Emissions fell by 2.1% compared with 2017, to a level 23% l...

Mbombela residents up in arms about exorbitant increases in electricity bills

The fact that many are not receiving their full salaries, while others have not received salaries at all, adds to the pressure that many ratepayers are already experiencing.

Healthcare facilities see 80% fall in revenue: Survey

The Covid-19 pandemic has left the Indian private healthcare sector in acute financial distress, a new survey said on Friday adding that the healthcare facilities in the country have witnessed at least 80 per cent fall in average revenue.

Rising Up To The Challenge: How Indian Railways Has Become PPE Self-Reliant

Indian Railways is now manufacturing its own high-quality PPEs and other protective gear at affordable cost.

Lockdown 4.0 May Be Last Of Its Kind; Economic Revival Is Now Everybody’s Priority

We should see June as the transition month for a changeover from Lockdown 4.0 to Revival 1.0.

Eliud Kipchoge, Noordin Haji Ranked Among Africa's Top Disruptors

The publication revealed that the ranking of Africa’s Top 50 disruptors was based on innovation, disruption, and....

Two-Mile-Borris' Blackcastle Farm sausages for Aldi from this Sunday

The amazing 1% fat  beef sausages will be on sale from this Sunday for a week as part of Aldi Grow project

Overnights: Republic Bharat rules Indian news genre again in UK

Republic Bharat returned to the No.1 position amongst Indian news channels on Thursday, according to exclusive data obtained by BizAsiaLive.com. Republic Bharat delivered a share of 0.05%, followed by Aaj Tak, ABP News and NDTV 24×7 with 0.02%. News18 rated zero. Republic Bharat’s strongest timeband was between 21:00 and midnight with an average audience of […]

Belfast International Airport announces voluntary redundancy programme

It is estimated to lose 45 employees out of a total workforce of 195 due to ‘devastating’ impact of the pandemic on air travel.

Pound-to-New Zealand Dollar Rate Breaking Down into New Lower Range, but Nears Support

The British Pound Sterling vs the New Zealand Dollar: Latest GBP/NZD News and Analysis

Gourmet burger brand Burgerama to open in Dundalk next week - Talk of the Town

A new gourmet burger brand will open its doors in Dundalk next week. Burgerama is from the team behind Roots & Green, which has been trading on Jocelyn Street since its opening under Del Lennon in November 2018. It will open for the first time next Thursday June 4th. Opening hours will be 5pm to...Read More→

Wheelbarrow agents ferry food to the needy

More than 186 wheelbarrow agents ensured recipients got their food parcels delivered to their door. Wheelbarrows are now seen as an essential service item as they play a huge role in aiding with food distribution.

Wenzel and Nikon Metrology enter distribution partnership

The distribution agreement between Nikon Metrology Europe and Wenzel sees two of the biggest global players for metrology create a new partnership.

Latvian GDP contracted by 1.5% in first quarter

Data compiled by the Central Statistical Bureau (CSB) show that in the first quarter of 2020, compared to the first quarter of 2019, gross domestic product (GDP) decreased by 1.5 % (according to seasonally and calendar non-adjusted data).

Road User Charges from 1 July 2020 - NZ Post

The Government has recently announced changes to the Road User Charges (RUC), which will take effect from 1 July 2020. See the Ministry of Transport website for more information.

New Zealand Institute of Architects welcomes changes to building consent process

The Institute of Architects welcomes changes to the Building Act to ease consenting costs for homeowners.