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

French carmaker Renault to cut 15,000 jobs worldwide

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

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 'vital' cost-cutting plan

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

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 in US$2.2b cost cutting plan

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

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

Carmaker eyes production cuts after fall in demand during coronavirus crisis

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

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

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

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

Renault poised to announce 15,000 layoffs worldwide

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

Renault 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

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

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.

Renault to restructure French factories in bid to slash costs

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

Renault to restructure French factories in high-stakes reboot plan

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

Wipro appoints Thierry Delaporte as new CEO and MD

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

Wipro appoints Thierry Delaporte as CEO and MD

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

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

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

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

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

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

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

Thierry Delaporte appointed as CEO and Managing Director of WIPRO

Wipro appoints Thierry Delaporte as CEO & Managing Director

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

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

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

Indian IT firm Wipro names Thierry Delaporte as CEO

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

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

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

Wipro shares gain nearly 4% on Thierry Delaporte’s appointment as CEO, MD of company

Shares of Wipro on Friday jumped nearly 4 percent after the company announced the appointment of Capgemini Group veteran Thierry Delaporte as its Chief Executive Officer and Managing Director, effective 6 July, 2020

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

GDP for 2019-20 Q4 plummets to 3.1%, full year growth at 4.2%

Data suggests that India's GDP growth in FY2019-20 slowed down to an 11-year-low of 4.2 per cent.

Top headlines: GDP growth slips to 3.1% in Q4FY20; 4.2% in 2019-20

Business Standard brings to you the top headlines of the day

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

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

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

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

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

India GDP Q4: At 4.2% GDP Growth Lowest in 11 Years But Better Than Expected | Explained in 10 Points

RBI Governor Shaktikanta Das said the economic growth in 2020-21 is likely to be in the negative territory as the "macroeconomic impact of the pandemic is turning out to be more severe than initially anticipated".

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

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

Q4FY20 GDP estimates out today: What's in store for India's economy

Economists and analysts indicated that the GDP figures released today will only offer an assessment of the early damage caused by Covid-19 outbreak. They also expect a sharp economic decline in upcoming quarters.

Pilot breaches lockdown and flies to Anglesey RAF base 'to go to beach'

The RAF confirmed the civilian pilot landed at RAF Valley on a closed airfield without permission.

Pilot breaches lockdown and flies to Anglesey RAF base 'to go to beach'

The RAF confirmed the civilian pilot landed at RAF Valley on a closed airfield without permission.

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.

Pilot breaches lockdown rules by flying to closed RAF airbase ‘to go to beach’

The RAF confirmed the civilian pilot landed at RAF Valley on a closed airfield without permission.

Covidiot businessman who ‘wanted to go to beach during lockdown’ flies his private jet from London and lands at RAF base

A COVIDIOT landed a plane at an RAF airbase – because he wanted to go to the beach during the coronavirus lockdown. The man flew 272 miles from Fairoaks Airport near Cobham in Surrey to RAF V…

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.

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

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

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

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

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

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

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

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

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

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

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

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

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

Economists expect worst financial contraction in four decades

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

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

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

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

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

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

Canada’s economy saw record decline in March, with worse numbers forecast for April

Statistics Canada says GDP fell 7.2 per cent in March; the agency is forecasting a decline of 11 per cent in April as COVID-19 lockdowns took hold

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

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

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

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

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

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

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

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

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

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

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

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

VW increases bet on China’s slowing electric vehicle market

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

Coronavirus depresses U.S. consumer spending in April

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

Coronavirus depresses U.S. consumer spending in April

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

COVID-19 pandemic: US consumer spending tumble in April

The Commerce Department said on Friday consumer spending, which accounts for more than two-thirds of U.S. economic activity, plunged 13.6 percent last month.

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 issues notices to Franklin Templeton MF, Sebi: Investors Group

It further said mutual funds and the fund managers should be made to answer questions on their choice of investment, and compliance with regulatory and prudential norms, among others.

Madras High Court issues notices to Franklin Templeton MF, Sebi

Last month, Franklin Templeton had closed six debt funds.

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

Madras High Court issues notices to Franklin Templeton 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

Sebi seeks time to file counter in High Court on PIL against Franklin MF

The PIL had been filed by an investor protection society in response to the abrupt winding up six debt schemes worth Rs 28,000 crore of assets under management by the fund house

With 'Main Street' in view, Fed weighs risks of job, productivity shocks

With 'Main Street' in view, Fed weighs risks of job, productivity shocks

With 'Main Street' in view, Fed weighs risks of job, productivity shocks

WASHINGTON (Reuters) - U.S. Federal Reserve officials have talked broadly about helping households and firms through the current economic crisis and quickly unleashed trillions of dollars in cash and credit guarantees to build a “bridge” to the post-pandemic world.

With 'Main Street' in view, Fed weighs risks of job, productivity shocks

U.S. Federal Reserve officials have talked broadly about helping households and firms through the current economic crisis and quickly unleashed ...

Renault to stay in Formula One despite job cuts

Renault will continue to run a team in the Formula One world championship, despite announcing nearly 15 000 job losses in the wake of plummeting car sales.

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.

Volkswagen invests 2 billion euros in Chinese electric vehicle sector

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

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

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

Volkswagen invests €2b in Chinese electric vehicle sector

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

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

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

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

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

Wall Street retreats ahead of Trump's response on Hong Kong

President Donald Trump, who has warned of a tough response to China's move, is expected to make an announcement later in the day.

Dow Jones retreats ahead of Trump's response on Hong Kong

The Dow Jones Industrial Average was down 269.88 points, or 1.06 per cent, at 25,130.76.

Gold price flat ahead of Trump’s Hong Kong response

Spot gold was unchanged at $1,718.60 per ounce by 0616 GMT. US gold futures rose 0.2% to $1,716.50.

German regulator examines stock trades by Wirecard CEO

FRANKFURT (Reuters) - Germany’s market regulator said on Friday it was investigating whether Markus Braun, the CEO of payments firm Wirecard, had violated insider-trading rules by buying stock during the quiet period before publication of its annual report.

Uber launches hourly ride booking option in some U.S. cities

(Reuters) - Uber Technologies Inc on Friday said it would offer rides by the hour in some U.S. cities, a feature aimed at helping Americans with essential trips during the coronavirus pandemic.

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

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

On debt-stricken Lebanon, investors see little room for optimism

LONDON (Reuters) - Emerging market investors are no strangers to sovereign debt crises, but few have been as perilous as the one facing Lebanon given a toxic combination of financial and political weaknesses and no obvious economic platform on which to build a recovery.

OPEC delivers three quarters of record oil cut in May: survey

LONDON (Reuters) - OPEC oil output hit the lowest in two decades in May as Saudi Arabia and other members started to deliver a record supply cut, a Reuters survey found, although Nigeria and Iraq are laggards in making their share of the reduction.

Coal mine in Serbia gives up new Roman treasure

BELGRADE (Reuters) - As the sun sank over a vast opencast coal mine in eastern Serbia earlier this month, a small crane eased the front half of a Roman ship from the steep sides of the pit.

Crisis-hit Wall Street checks in to Zandi's 'impairment studio'

NEW YORK (Reuters) - When Wall Street doesn’t know where the world economy is heading, it books a session at Mark Zandi’s “impairment studio”.

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

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

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

Cane arrear reaches Rs 17,134 crore so far in 2019-20 season: Centre

Under the Sugarcane (Control) Order, 1966, sugar mills are required to make cane price payment to farmers within 14 days of supply of cane. If mills fail to make payment, they have to pay interest at the rate of 15 per cent per annum on amount due for the delayed period beyond 14 days.

Cane arrear reaches Rs 17,134 crore so far in 2019-20 season: Centre

India Business News: NEW DELHI: Cane dues to be paid by sugar mills to farmers have reached Rs 17,134 crore so far in the 2019-20 season that will end in September, accord.

India's Fiscal Deficit Widens To 4.59% Of GDP

India ended the year with a fiscal deficit of 4.59 per cent of gross domestic product, against the target of 3.8 per cent.

FY20 fiscal deficit widens to 4.59% of GDP, higher than budget aim of 3.8%

This would mean that the government will have limited space to provide economic relief to businesses and individuals hit by coronavirus crisis.In absolute terms, total receipts of the government were ₹17.5 lakh crore against the estimate of ₹19.31 lakh crore

Uber introduces a new hourly rate for longer, multistop trips

Uber will charge $50 an hour for these longer trips.

Tyson Foods to close Iowa pork plant amid coronavirus outbreak

Tyson Foods plans to temporarily close an Iowa pork plant where nearly a quarter of the workers have caught the novel coronavirus.

French mortality rate for first-half of May lower than in 2019 despite Covid-19

French mortality rates between May 1 and 18 were six percent lower than for the same period last year and one percent below the rate seen over that period in 2018, despite the coronavirus epidemic, s…

COVID-19: Irish mortality rate 'in the lower range' when compared with others

The COVID-19 mortality rate in Ireland has been in the lower range overall when compared with oth...

‘At the most elite institutions, college can basically be a finishing school:’ Coronavirus raises new questions about the value of higher education

After universities moved online in the spring, the question of what college tuition actually buys took on new resonance.

Inside the air traffic control 'boys club'

Bullying and sexual harassment have been found to be rife at Airservices Australia, the federal agency responsible for ensuring safe air travel.

Inside the air traffic control 'boys club'

Bullying and sexual harassment have been found to be rife at Airservices Australia, the federal agency responsible for ensuring safe air travel.

Inside the air traffic control 'boys club'

Bullying and sexual harassment have been found to be rife at Airservices Australia, the federal agency responsible for ensuring safe air travel.

American Airlines flight attendant criticizes carrier for banning face shields during flights

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New waterways linking NE, B’desh to start in 3 months

New waterways between Tripura and Bangladesh would start within three months and it would boost trade and numerous economic activities, Tripura Chief Minister Biplab Kumar Deb said on Friday.

Inland waterways transport with Bangladesh to start in 3-4 months: Tripura CM

Chief Minister Biplab Kumar Deb today visited Sonamura and different parts of Sepahijala district as part of his inspection tour of quarantine centres set up at village level to accommodate people who are facing difficulties in-home quarantine.

IndiGo appoints Venkataramani Sumantran as independent director

India Business News: NEW DELHI: Venkataramani Sumantran, the chairman and managing director of Chennai-based Celeris Technologies, has been appointed the independent direc.

EU criticizes China over Hong Kong but no action planned

Rest of World News: The European Union criticized China on Friday for asserting more control over Hong Kong and suggested the move would have an impact on China-EU relati

Spraying Oil on Sand Dunes Helps Trees Grow

Originally published in January 1967

Virgin Australia's administrator to shortlist two bidders early next week

Virgin Australia's administrator to shortlist two bidders early next week

Virgin Australia's administrator to shortlist two bidders early next week

The administrator of Virgin Australia Holdings Ltd said it expected to shortlist two preferred bidders early next week after parties confirmed ...

F&O: Nifty50 structure looks bullish; supports shift higher

Going forward, Nifty will face resistance at 9,730 and then 9,889 levels.

Financial sector weighs on Toronto, U.S. stock markets mixed in early trading

Canada's main stock index fell in early trading as losses in the heavyweight financial sector offset gains by materials stocks.

Financial sector weighs on Toronto, U.S. stock markets mixed in early trading

TORONTO — Canada's main stock index fell in early trading as losses in the heavyweight financial sector offset gains by materials stocks. The S&P/TSX composite index was down 63.98 points at 15,198.75.

Financial sector weighs on S&P/TSX composite, U.S. stock markets down

Losses in the financial sector helped weigh down Canada's main stock index in late-morning trading as it posted a triple-digit decline, while U.S. stock markets also moved lower.

Amenities closed due to social distancing concerns

A number of amenities around Galway City are being closed this afternoon, following concerns about breaches of social distancing guidelines.

Market movers: Stocks seeing action on Friday - and why

Laurentian down sharply after dividend cut; Canopy sinks on earnings

Borrell: China’s move in Hong Kong doesn’t endanger investment deals

Foreign policy chief’s confidence is not shared by EU businesses worried about a new legal framework.

Battle of Jutland warship’s four years since restoration marked in lockdown

HMS Caroline closure amid the pandemic has had a ‘devastating impact’ on its finances with the loss of visitor revenue.

Battle of Jutland warship’s four years since restoration marked in lockdown

HMS Caroline closure amid the pandemic has had a ‘devastating impact’ on its finances with the loss of visitor revenue.

Uber now lets U.S. riders book trips for $50 an hour

Uber is introducing a new service that allows riders in the U.S. to book trips for $50 per hour up to a maximum of seven hours.

Bangalore airport: Air Asia plane hit by baggage cart, ladder topples over due to bad weather

Heavy winds and rain led to minor accidents at the Bangalore airport with an Air Asia plane getting hit by a baggage card and a passenger ladder toppling over

SARS: How India tackled previous coronavirus outbreak

Like novel coronavirus, SARS coronavirus outbreak had happened during winters in China. But unlike Covid-19 pandemic, India largely remained insulated from coronavirus outbreak back then. A story to think it over

2 Stocks I'll Hold Forever

These companies both have the capacity to keep growing their revenues at a strong and steady pace for the long term.

Better Buy: Zoom Video Communications vs. Microsoft

Both companies are enjoying strong growth. But is the new tech upstart or the veteran the superior investment choice?

As India deals with locusts, people are sharing memes on dealing with it

After videos of locusts in Rajasthan and Madhya Pradesh took social media by storm, people have been sharing memes about dealing with it.

‘Punjab seed scam’: PAU denies providing ‘source seed’ to any pvt company, sold TL seed to farmers only

Punjab paddy seed scam: Speaking to The Indian Express, Tarsem Singh Dhillon, director (seeds), PAU said this was the first year that the varsity had sold ‘Truthfully Labelled’ (TL) seeds of two new paddy varieties — PR 128 and PR 129 — to farmers only.

Las Vegas gyms not rushing to reopen Friday

When gyms begin to reopen Friday, those itching to get back can expect a variety of changes, including workout reservations, closed saunas and increased cleaning efforts.

The UK made just 197 cars last month, a drop of 99.7% as coronavirus tanks factory output

The UK produced only 197 cars in April, 99.7% lower than its output in April 2019, with production almost entirely stopped by coronavirus, the S...

COVID-19 pandemic is the 'perfect excuse to adopt four-day work week'

Do you think it's a good idea? Would working fewer hours each week help boost productivity?

Wage cuts, even symbolic ones, aren't going to help anybody

An economic recovery needs to be built on the back of real jobs and real economic activity, not on cheap political wins from wage cuts and freezes.

Wage cuts, even symbolic ones, aren't going to help anybody

An economic recovery needs to be built on the back of real jobs and real economic activity, not on cheap political wins from wage cuts and freezes.

Bengal to reopen places of worship Monday as CM eases lockdown

She also announced restarting of private and public sector offices with full attendance from June 8

Sanitation and cleanliness on top of new age mobility firms' agenda

Firms that provide urban commuting warm up to new realities as lockdown relaxes

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

Trip.com Group Ltd (NASDAQ:TCOM) Q1 2020 Earnings Conference Call May 28, 2020, 20:00 ET Company Participants Michelle Qi - Senior IR Director James Liang - Co-

NIO Limited (NIO) CEO William Li on Q1 2020 Results - Earnings Call Transcript

NIO Limited (NYSE:NIO) Q1 2020 Earnings Conference Call May 28, 2020 08:00 ET Company Participants Rui Chen - Director, Investor Relations William Li - Founder,

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

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

Hitachi Ltd (HTHIY) on Q4 2020 Results - Earnings Call Transcript

Hitachi Ltd (OTCPK:HTHIY) Q4 2020 Earnings Conference Call May 29, 2020, 02:30 ET Company Participants Yoshihiko Kawamura - Representative Executive Officer, SV

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

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

Invesco Mortgage Capital: 3 Preferred Series Yielding Over 10%, Plus 2 Option Trades

The mortgage-backed securities market had a crisis in March, with values driven lower, and mREITs crashing in price. The Fed came to the rescue, buying billions

Euroseas Ltd. 2020 Q1 - Results - Earnings Call Presentation

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

J. C. Penney Goes Bankrupt With No Recovery For Shareholders

J. C. Penney filed for bankruptcy and its restructuring support agreement includes no recovery for shareholders. It plans to split into a REIT and an operating

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

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

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

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

Spotify: Don't Buy The Rogan Rally

The ad-supported segment of the company lost money in Q1. Podcast usage is lagging all other media while streaming surges from stay-at-home orders. User growth

BRP Inc. 2020 Q1 - Results - Earnings Call Presentation

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

Hidden Stock Market Gems: Waters Corporation

Waters Corporation is a technology company that is manufacturing and selling analytical laboratory instruments and software. Growth potential for the industry a

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

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

REX American Resources: A Poor FQ1 Earnings Report Masks Improving Conditions

Ethanol producer REX American Resources reported its FQ1 earnings for the period ending April 30 earlier this week. The report gave investors a first look at th

Vipshop Holdings Limited 2020 Q1 - Results - Earnings Call Presentation

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

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

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

National Bank of Greece S.A.'s (NBGIF) CEO Pavlos Mylonas on Q1 2020 Results - Earnings Call Transcript

National Bank of Greece S.A. (OTCPK:NBGIF) Q1 2020 Results Earnings Conference Call May 28, 2020, 11:45 AM ET Company Participants Pavlos Mylonas - Chief Execut

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

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

Google (NASDAQ: GOOGL) Terminates Thousands of Job Offers as It Continues to Battle a Plunge in Ad Revenue

Google has now canceled the job offers of thousands of temporary and contract workers as it continues to battle a decline in ad revenue

SpaceX Starship Launch Insurance Requirement Jumps To $198 Million

Aerospace manufacturer SpaceX was granted a license for suborbital flights by the FAA yesterday, which included new insurance costs.

Survey shows Queenstown is open for business - Destination Queenstown

 A survey of local tourism businesses recently undertaken by Destination Queenstown shows that 96% of respondents will be open under level 2 for the winter season.

Survey Shows Queenstown Is Open For Business

Queenstown, New Zealand (29 May 2020) – A survey of local tourism businesses recently undertaken by Destination Queenstown shows that 96% of respondents will be open under level 2 for the winter season.

Auction tests demand for Queenstown property

Bidders in Queenstown have started testing the water in one of the country's most expensive property markets. This story was first published by RNZ...

Shuttered salons and silent scissors! Beauty and grooming industry looks at bleak future

The Uttar Pradesh government had allowed salons to open but not beauty parlours, which caused more confusion than clarity to shop owners.

SBI EMI Moratorium calculation: Additional Rs 4.5 lakh interest on 15-year Home Loan of Rs 30 lakh

SBI EMI moratorium: State Bank of India has simplified the process of stopping the EMIs by initiating an SMS communication to nearly 85 lakh eligible borrowers asking about their consent to stop EMIs.

IOCL Recruitment 2020: Deadline for online application for engineers, graduate apprentice extended; Details

The recruitment of engineers/officers or engagement of graduate apprentice engineers (GAEs) would be done through the Graduate Aptitude Test in Engineering (GATE) 2020.

COVID-19 PF Withdrawal: How to avail provident fund advance using UMANG app

The maximum limit that one can withdraw is 75 per cent of the PF balance or three months of basic wages plus dearness allowance, whichever is lower.

Modi’s hydroxychloroquine support to US brings first installment of mega US-India trade deal closer

India and the US could strike a smaller trade deal in the coming weeks as hydroxychloroquine supply to the US has given the two countries enough confidence.

Goldman Sachs president says bank on track to meet growth goals

Waldron was speaking at a virtual conference to investors and analysts who are listening closely for indications on the financial health of the largest US banks and their predictions for an economic recovery.

Investors Skittish Ahead of Expected Sanctions on China

Wall Street is starting to feel the sting of U.S.-China tensions, as investors await President Trump’s announcement on potential sanctions later Friday.

Brazil GDP contracts 1.5pc in Q1 due to pandemic

RIO DE JANEIRO, May 29 — Brazil’s economy — Latin America’s largest — contracted by 1.5 per cent in the first quarter due to the shutdown triggered by the coronavirus pandemic, the government reported today. But the contraction reflects only the early effects of the pandemic because...

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).

Musicians say breakdown with MSO management 'irreparable'

Players called for the organisation's chairman and managing director to resign in an increasingly public dispute.

U.S. Incomes Soared 10.5% in April and Saving Rate Hit Highest Level Ever

Government payments boosted income in April but Americans shut in their homes spent nearly $2 trillion less than they had a month earlier. | Economy

Green Dot To Launch Mobile Banking For US Immigrants

Welcome Technologies is partnering with Green Dot for the PODERCard, which will help U.S. Hispanic immigrants access digital banking services.

Mobile banking service for US immigrants launches

Welcome Technologies, an outfit that works to support immigrants to the US, has joined forces with Green Dot on a digital banking product.

Can’t stop fashion: on physical stores opening up and innovative strategies being adopted by brands

Manish Malhotra opens shop, and internationally, luxury majors get into gaming

Reopen Koyambedu market, other shops, traders urge govt.

Association says alternative site affected business, farmers’ livelihood

John Lewis announces huge clothing sale - with up to 50 per cent off

Make savings on shorts, T-shirts, summer dresses, tops, skirts and more

DFS reopens 88 more showrooms as lockdown rules ease

DFS reopening more branches - and with protective measures in place

Fed's Mester says it's hard to imagine quick V-shaped recovery

Fed's Mester says it's hard to imagine quick V-shaped recovery

Fed's Mester: Hard to imagine a quick V-shaped recovery as consumers remain cautious

The Federal Reserve's actions so far improved the market liquidity and functioning, Cleveland Federal Reserve President Loretta Mester told Bloomberg

IMF warns stock investors to pay more attention to climate risks

Investors worldwide are underestimating the financial risks from climate change, and companies need to start disclosing their exposure, according to the International Monetary Fund.

Coronavirus DIDN’T start in Wuhan wet market, Chinese researchers claim

WUHAN wet market was not the origin of the coronavirus pandemic as previously thought, it’s been claimed. But it is thought a super-spreader visited there and sparked the Covid-19 outbreak wh…

Developer behind Bertha Park project near Perth facing second planning refusal

The Elgin-based builder is seeking to revise its initial designs for the development so it can create 82 new properties in an area it currently has approval to build 68.

India Rules Out Any Plan to Restrict Chinese Foreign Portfolio Investors

New Delhi (Sputnik): Border tension has been simmering between India and China after a skirmish between patrol parties in Ladakh's Galwan Valley sector earlier this...

Lufthansa Not Ruling Out Bankruptcy Option if Gov't Aid Package Not Arranged, Report Says

MOSCOW (Sputnik) - German flag carrier Lufthansa reserves the right to file for bankruptcy if negotiations with the government over a multi-billion coronavirus-related...

Owner of Dublin restaurant and pub group ordered to pay ex-girlfriend €104,000 for unfair dismissal

In her hard-hitting ruling,WRCAdjudication OfficerNiamhO’Carroll Kelly found that theunnamed business owner 'took advantage of his personal relationship with the complainant in an attempt to force her out of the company so as to ensure minimal financial impact on the company'

Vestager hits back at Lufthansa bailout criticism

Commission vice-president in charge of competition Margarethe Vestager argued that companies getting large capital injections from the state during the corona crisis still have to offset their competitive advantage.

BNI Syariah sees profit soar in Q1, chances to expand international banking services

BNI Syariah net profit soared 58.1 percent year-on-year (yoy) to Rp 214 billion (US$14.46 million) in the first quarter.

Musicians say breakdown with MSO management 'irreparable'

Players called for the organisation's chairman and managing director to resign in an increasingly public dispute.

Lagos BRT fares hike unnecessary, wicked —Commuters

Some commuters in Lagos State on Friday expressed dissatisfaction over the hike in fares by the Primero Transport Services Limited, operators of the Bus Rapid Transit in the state. The News Agen...

Statistics Dept: Malaysia should redeploy its unemployed surplus labour to essential services industries

KUALA LUMPUR, May 29 — Malaysia needs a dynamic labour market policy in order to address a labour market disequilibrium which was the result of the Covid-19 pandemic and movement control order (MCO) put in place to control the disease’s infection rate. The Department of Statistics Malaysia...

Energy Commission to hold competitive bidding process for LSS photovoltaic plant development

PUTRAJAYA, May 29 — The Energy Commission (EC) will hold a competitive bidding process to select a company or a consortium for the development of a large-scale solar (LSS) photovoltaic (PV) power plant costing RM4 billion in Peninsular Malaysia with a target capacity of 1,000MWac. The EC, in a...

Tan Chong takes 15.8pc stake in Warisan TC’s vehicle auction services unit

KUALA LUMPUR, May 29 — Vehicle assembler and distributor Tan Chong Motor Holdings Bhd (TCMH) is subscribing to new shares representing 15.79 per cent equity interest in its sister company Warisan TC Holdings Bhd’s subsidiary, MUV Marketplace Sdn Bhd (MUVM), for RM15 million. Warisan and MUVM,...

Peru secures US$11b credit line from IMF

WASHINGTON, May 29 — Peru has secured a two-year, US$11 billion (RM48 billion) credit line from the IMF as the South American nation battles the growing impact of the coronavirus pandemic. The Flexible Credit Line, which the IMF announced late yesterday, is a renewable funding mechanism granted...

Lego now gets its hands on the Lamborghini Sian FKP 37

The Lego Technic Lamborgini Sian FKP 37 will be one of the more expensive automotive sets from Lego yet, it goes on sale online on June 1 and will be available at retailers from August 1.

Can’t afford a real one? How about Lego’s RM1.6K Lamborghini Sian FKP 37 instead

For most of us, owning a Lamborghini—any Lamborghini—is a dream that’s destined to stay that way. The Sian FKP 37 was announced towards the tail-end of 2019, the first supercapacitor-based hybrid V12 from the Italian supercar makers, at a mouth-watering price of US$3.7 million (~RM16 million).

Nikkei dented by US-China tensions, but scores best month since 2015

Japanese stocks retreated from three-month highs on Friday as escalating US-China tensions over Hong Kong prompted investors to lock in profits, but easing coronavirus restrictions helped Nikkei mark

After near-tragedy in Cork, coastguard urges people to stay safe over bank holiday weekend

Emergency services are appealing to people to stay within 5km of home this bank holiday weekend following a surge in callouts and three dramatic sea rescues this week.

New record high: PH confirms 1,046 more coronavirus cases

The Philippines has 16,634 coronavirus cases as of Friday, May 29

The coronavirus pandemic is boosting the big tech transformation to warp speed

The coronavirus pandemic has sped up changes that were already happening across society, from remote learning and work to e-health, supply chains and logistics, policing, welfare and beyond. Big tech ...

Digital-only local newspapers will struggle to serve the communities that need them most

This week News Corp Australia announced the end of the print editions of 112 suburban and regional mastheads – about one-fifth of all of Australia's local newspapers. Of those, 36 will close and 76 ...

The HP example: How to do collaboration and remote work right

Companies that figure out how to carry on successfully with a distributed workforce can emerge from the ongoing pandemic stronger than before. HP offers lessons on how to do that.

Singapore: Extra measures to support the economy – UOB

Economist at UOB Group Barnabas Gan gives his views on the recently announced extra stimulus measures to support the economy in Singapore. Key Quotes

USD/JPY: Extra consolidation remains the name of the game – UOB

In opinion of FX Strategists at UOB Group, USD/JPY is still seen navigating within the current consolidative theme in the next weeks. Key Quotes 24-ho

Silver New York Price Forecast: XAG/USD rises to 3-month highs

Silver is trading in 3-month highs just under the $17.80 per troy ounce resistance. The white metal is gaining some steam while above its main SMAs on the fou

ACB Stock Price: Aurora Cannabis Inc. drops further to sub-$15.00 levels

Aurora Cannabis Inc. (ACB) is prolonging the weekly correction lower to the area below the $15.00 mark, posting at the same time fresh multi-day lows

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

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

Wall Street opens mixed as investors wait for US Pres. Trump's announcements on China

Wall Street's main indexes started the last day of the week on a mixed tone as investors seem to be staying reluctant to make large bets ahead of US P

Canada: The loonie does not react to better than expected GDP – TDS

Real GDP for Q1 and March surprised to the upside with contractions of 8.2% q/q (TD/market: -10%) and 7.2% m/m (TD: -7.0%, market: -8.5%), per TD Secu

USD/JPY off lows, still in the red below mid-107.00s ahead of Trump

The USD/JPY pair now seems to have entered a bearish consolidation phase and was seen oscillating in a range near two-week lows, just above the 107.00

Trade union wants all slaughterhouse workers tested for coronavirus

The around 33 thousand people who work in the Netherlands' meat processing industry must all be tested for the coronavirus, according to trade union FNV. A recent coronavirus outbreak at a

Pending vehicle registrations from pre-lockdown time continue

‘Only negligible vehicle sales happen now’

Fortescue and Andrew Forrest lose High Court appeal over exclusive native title of WA’s Yindjibarndi people

Australian mining giant Fortescue Metals Group (FMG) has lost its High Court bid to appeal against a native title determination that covers one of its

Xbox gamers have spent more than $1.4 billion on ID@Xbox titles

The ID@Xbox program has made more than $1.4 billion since the program began back in 2013. Global strategic partnership management lead of the ID@Xbox program Agostino Simonetta revealed some interesting stats about the scheme.

Musicians say breakdown with MSO management 'irreparable'

Players called for the organisation's chairman and managing director to resign in an increasingly public dispute.

Q&A: The rise of ERP through the coronavirus pandemic 

ERP software houses sensitive business information — from financials to employee data, and, in normal times, large enterprises use it to keep track of all their moving parts to see big-picture operations. This is being challenged in the time of COVID-19

OpenSSH to remove SHA-1 as cracking cost drops

Start the switch to better algorithms.

Trapped in Vietnam: The story of a European couple - VietNamNet

When COVID-19 brought the world to its knees those far from home found themselves trapped abroad.

Bitcoin Could Hit $11,000 in June 2020; Here’s Why

Bitcoin is correcting lower in the final week of May but its likelihood of retesting levels above $11,000 is growing higher next month.

Vision Group websites under maintenance

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Analysts welcome reduction of lending rate by CBN

Financial analysts on Friday said the reduction of the monetary policy rate from 13.5 to 12.5 per cent, as announced by the Central Bank of Nigeria would

Over $100,000 Goes To Support Whanganui Businesses Through COVID

Whanganui & Partners has distributed over $100,000 to Whanganui businesses to support them in adapting to challenges caused by COVID-19.

Only Equinor among oil majors promising renewable investments

Only Equinor among oil majors promising renewable investments

3 Natural Gas Stocks for a Cleaner Future

Strong demand for natural gas is likely from emerging markets in the coming decade. This will trigger growth and value creation for natural gas stocks.

10 Penny Stocks to Buy Under $5 That Might Be Worth the Risk

When looking for penny stocks to buy under $5, you’ve got to go dumpster diving. That’s never an easy task when stocks aren't cheap.

Slim Vaccine Chances Make iBio Stock Too Speculative Here

Every investor is betting on a vaccine. Unfortunately, the case for IBIO stock is simply too speculative, as its trials remain under wraps.

Hong Kong’s Turmoil Makes EWH a Profitable Put Play

With more protests starting in Hong Kong, I think a bearish position on iShares MSCI Hong Kong ETF (NYSEARCA:EWH) is a great way to add some bearish protection.

German choirs silenced as singing is branded a high-risk activity during coronavirus pandemic

When the Berlin Cathedral Choir gathered for a rehearsal on March 9, the new coronavirus was still a distant concern, with fewer than 50 confirmed cases in the German capital.

Indian Railways News: Demand For Shramik Specials Going Down But Trains Will Continue, Says Chairman

Indian Railways Latest News: West Bengal Chief Minister Mamata Banerjee is blaming the Railways for the increased number of coronavirus cases in the state. On Friday, Mamata said the Railways is running Corona Express. 

Madhya Pradesh: Indore has 1,545 active cases, recovery rate encouraging, says reports

CBOT Trends - Corn, wheat mixed; soybeans down 4-6 cents

CHICAGO, May 29 (Reuters) - Following are U.S. trade expectations for the opening of grain and soy complex trading at the Chicago Board of Trade (CBOT) at 8:30 a.m. CDT (1330 GMT) on Friday.WHEAT - Mixed, up 2 cents to down 2 cents per bushel* Technical selling pressuring wheat after most-active contract rallied 2% on Thursday. But strong export sales report supportive.

Hog farms in coronavirus crisis need more aid, say producers

More federal aid is needed if hog farmers are to survive the coronavirus pandemic, which has depressed market prices and slowed pork production.

Record global corn and wheat crops on the way

World grain production will reach an all-time high of 2.23 billion tonnes, with record-setting wheat and corn harvests.

‘Luminaire of the Future’ aims to revolutionise the European lighting industry

Wilfred Pohl explains how the customisable and sustainable ‘Luminaire of the Future’ aims to revolutionise European lighting in the workplace

MultiChoice customers to purchase television items on Jumia

Kampala, Uganda | JULIUS BUSINGE | MultiChoice Uganda customers can now access a range of items including decoders, dish, external antenna, remote control on the e-commerce website – Jumia, officials announced on May 29. Colin Asiimwe, the MultiChoice Uganda head of marketing said that the partnership between the two firms is timely in light of the …

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Bank of New York Mellon Corp Has $20.07 Million Stake in Match Group Inc (NASDAQ:MTCH)

Bank of New York Mellon Corp boosted its position in shares of Match Group Inc (NASDAQ:MTCH) by 10.9% during the first quarter, HoldingsChannel reports. The institutional investor owned 303,838 shares of the technology company’s stock after purchasing an additional 29,902 shares during the period. Bank of New York Mellon Corp’s holdings in Match Group were […]

Russell Investments Group Ltd. Raises Stake in Match Group Inc (NASDAQ:MTCH)

Russell Investments Group Ltd. boosted its position in Match Group Inc (NASDAQ:MTCH) by 117.7% 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 46,850 shares of the technology company’s stock after buying an additional 25,326 shares during the […]

TN breaks all earlier records: 874 test positive for Covid-19

Tamilnadu today witnessed its biggest ever increase in the number of coronavirus cases, with a whopping 874 persons testing positive for Covid-19 in a single day. Continue Reading →

Namibia's beef exports not affected by COVID-19

-Namibia's beef export to the international markets has not been affected by the global COVID-19 pandemic.

Sri Lankan brewery resumes exports after 2 months

Sri Lankan brewery resumes exports after 2 months: Sri Lanka's Lion Brewery has resumed exports after the island nation eased a two-month lockdown imposed due to the .... Get all latest entertainment & viral stories on english.lokmat.com

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

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

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

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

Vietnam allows import of live pigs to cut skyrocketing pork prices

Vietnam plans to import live hogs for the first time in a bid to fight the skyrocketing pork prices in the domestic market, according to the Ministry of Agriculture and Rural Development.

The world’s first integrated power-to-X-to-power hydrogen gas turbine demonstrator

With the HyflexPower project, a consortium — made up of Engie Solutions (Paris, France), Siemens Gas and Power GmbH & Co. KG (Munich, Germany), Centrax

Another delay in release of SAA rescue plan

Rescue practitioners Siviwe Dongwana and Les Matuson have asked creditors for another extension — the fourth thus far — to the deadline to publish SAA’s business rescue plan.

Prasa gets five new bosses

Stability. Stability. Stability always enters discussions about the embattled Passenger Rail Agency of South Africa. But will five new appointments make a difference in turning around the entity? And, most importantly, will trains operate next week?

Sipping at a sustainable, growing trend

Why, when we’ve been quick to cotton on to other global food and wine trends, have we not hopped onto the organic wine train with the same enthusiasm with which we’ve embraced global trends like veganism?

Sudan does an about-turn in US relations

Will Khartoum’s deal to pay compensation for the 1998 bombings change its global stance?

GoodChips expands certification to global market with Azwood Energy

A leading energy supplier within New Zealand is enabling GoodChips® to grow its international base.