Economy 972
DH Deciphers: LPG gas cylinder price blast rips through middle-class budget
What has the Union Government announced? The Union government has announced an increase in the price of LPG cylinders by Rs 145-150. At the same time, for those who avail the LPG subsidy, it has
Appreciate Group (LON:APP) Earns Buy Rating from Liberum Capital
Liberum Capital reaffirmed their buy rating on shares of Appreciate Group (LON:APP) in a research note published on Tuesday morning, ThisIsMoney.Co.Uk reports. LON:APP opened at GBX 63.50 ($0.84) on Tuesday. The stock’s 50-day moving average is GBX 59.79. The company has a market cap of $118.33 million and a P/E ratio of 12.96. The company […]
Facebook's Zuckerberg wants 'new framework' for digital tax
Facebook founder and CEO Mark Zuckerberg on Friday backed moves by the OECD group of free-market economies to reform the way online giants are taxed worldwide, even if that means companies like his own ...
ASOS PLC/ADR (OTCMKTS:ASOMY) Lifted to “Buy” at Berenberg Bank
Berenberg Bank upgraded shares of ASOS PLC/ADR (OTCMKTS:ASOMY) from a hold rating to a buy rating in a research report released on Monday, The Fly reports. A number of other research firms also recently issued reports on ASOMY. ValuEngine downgraded shares of ASOS PLC/ADR from a buy rating to a hold rating in a report […]
Open to bringing tweaks to budget and take steps beyond it, says FM Nirmala Sitharaman
Experts tell the Finance Minister that a Budget proposal could affect the demand for REITs and InvITs in India
Royal Bank of Scotland is changing its name to NatWest
The bank's chief executive announced the decision to rebrand while reporting a surge in profits.
Sentiment Stays Afloat
The percentage of respondents reporting as bullish has risen to 41.33% from 33.87% last week.Bearish sentiment fell 8.82 percentage points to 26.4%.Neutral sentiment also ticked higher this week, risi
Rational (FRA:RAA) PT Set at €670.00 by Bankhaus Lampe
Bankhaus Lampe set a €670.00 ($779.07) price objective on Rational (FRA:RAA) in a research report report published on Monday, Borsen Zeitung reports. The firm currently has a neutral rating on the stock. A number of other analysts have also recently commented on RAA. Hauck & Aufhaeuser set a €625.00 ($726.74) price target on shares of […]
Govt STOPS Printing Ordinary Passports, FOCUSES On Emergency And Diaspora Passports
The government has revealed that is has stopped printing ordinary passports because they are not feasible economically at the moment
Coronavirus prompts HSBC and Shell to send staff home
Employees in Hong Kong and Singapore came into contact with people infected
Cashed up super funds hunt for buying opportunities
Unisuper and Hostplus say they are sitting on elevated piles of cash and any major sell-off in equity markets sparked by the coronavirus will come as a buying opportunity.
Allow one-time restructuring of real estate loans to complete stuck projects: Keki Mistry, HDFC
If loan restructuring is allowed, then new lenders will come and provide funding for a project with proper diligence, proper safeguards while ring-fencing the money. If that is done, then these projects can get completed and home buyers can get their apartments, says Keki Mistry, CEO, HDFC.
IndusInd Bank hits over 3-year low; tumbles 11% in six sessions
The private sector lender's stock was trading at its lowest level since January 10, 2017
Renault slashes dividend as Nissan income falls 84%
Carmaker, which owns 43% of Nissan, saw full-year profit miss estimates after sales fall
Burberry Group (LON:BRBY) PT Lowered to GBX 2,600 at Credit Suisse Group
Burberry Group (LON:BRBY) had its target price reduced by Credit Suisse Group from GBX 2,650 ($34.86) to GBX 2,600 ($34.20) in a report issued on Monday morning, Stock Target Advisor reports. They currently have an outperform rating on the stock. A number of other equities research analysts also recently weighed in on the stock. Deutsche […]
New £1.4m council house development completed in Stanley
The supply of council housing in Perth and Kinross has been boosted with the completion of a new £1.4million development in Stanley.
Capgemini to hire up to 15,000 freshers this year via campus recruitment
At present, 1.2 lakh employees work in the Indian offices of Capgemini. With this, India accounts for more than half of the French IT services company's global strength
'Almost a mass psychosis': Tesla's 250% stock rally makes no sense, Bob Lutz says
Bob Lutz has no idea why Tesla stock has rocketed more than 250% in six months.
Court rejects unions’ application over SAA job cuts
Unions are expected to appeal the decision.
HKTDC Helps SMEs Amid Unprecedented Challenges
HKTDC Chairman Dr Peter K N Lam said Hong Kong has experienced unprecedented challenges over the past year, affecting the local political, economic and social landscape, as well as people's livelihood. Given that Hong Kong's economic outlook is already subdued because of the ongoing Sino-United States trade dispute, the weak global economy and the local social unrest over the past months, the impact of the current coronavirus outbreak could be higher than that of SARS (Severe acute respiratory syndrome) in 2003, further weakening demand in retail and catering and affecting the job market in the first half of this year.
Wirecard quarterly profit strength meets expectations
BERLIN (Reuters) - Payments company Wirecard reported strong quarterly results in line with analyst expectations on Friday and reiterated guidance for core profit growth of 34% this year.
Asian plane makers struggle to take off in crowded market
Asian plane makers have thrown huge sums at building jets but flagship projects have suffered repeated setbacks, and they face a tough time breaking into a market dominated by established players.
NVIDIA Financial Results Fourth Quarter and Fiscal 2020 - Positive Forecasts Despite Coronavirus
NVIDIA today reported revenue for the fourth quarter ended Jan. 26, 2020, of $3.11 billion, up 41 percent from $2.21 billion a year earlier, and up 3 percent from $3.01 billion in the previous quarter...
Microsoft, TCS, BrowserStack, Sprink top recruiters at IIM Ahmedabad
Including pre-placement offers (PPOs), the trio made 12 offers, the highest in the third cluster, followed by FinIQ with 11 offers.
Eight-phase panchayat bypolls in Jammu and Kashmir to be held in March 2020
Of the 11,639 vacant panch seats, 11,457 seats are in Kashmir and 182 in Jammu and of the 1,011 vacant sarpanch seats, 887 are in Kashmir and the remaining 124 in Jammu.
Punjab: Just one MLA volunteered to pay tax on salary drawn from govt
CM had appealed to them to do so two years ago, as it would save the strained exchequer Rs 52 lakh; MLA Kuljit Singh Nagra says he pays Rs 80,000 as tax each year
Rail blockade comes down
While a blockade at the Pitt River Bridge started to come down Friday morning, West Coast Express service remains cancelled, leaving commuters from the Fraser Valley with a longer trip to work today.
India's 2020-21 pulses import may fall by 50% if government doesn't extend import quotas, says IPGA
As Indian government struggles to support the domestic pulses farmers who are getting non-remunerative prices due to the second consecutive year of bumper production, trade body Indian Pulses and Grains Association (IPGA) has claimed that large scale smuggling of pulses from neighbouring countries is hurting the interests of domestic farmers and traders.
Dutch cruise ship passenger disembarking in Cambodia
The first passengers of Dutch cruise ship Westerdam were allowed to leave the ship during the early hours of Friday morning, Dutch time. The Holland America Line cruise ship docked in the Cambodian
Mangaldai College Recruitment 2020
Mangaldai College Recruitment 2020Mangaldai College has released an employment notification for the posts of Assistant Professors
Mike Ashley’s Frasers Group adds name to business rates letter
More than 50 retailers wrote to the Chancellor this week demanding changes to transitional relief.
Ice-cream brand Rollick warming up to geographic expansion
Eyes 28% growth over next five years
Kinross Gold: Q4 Performance Puts The Company Back On Track
Kinross Gold reports Q4 2019 results.Higher gold price helps and the company delivers significant operating cash flow.Production guidance for the next year is slightly down from 2019 numbers, but Kinr
USD/CAD slides to mid-1.3200s, reverses Thursday’s positive move
The USD/CAD pair extended its steady intraday slide and refreshed daily lows, around mid-1.3200s during the early European session on Friday. The pair
Abertay University defends decision to increase monthly rents amid concern over student poverty
Abertay University has defended its decision to increase student rents amid claims some students are struggling financially.
AFCA Warns Berndale Clients Recovery of Funds is Unlikely
The AFCA has delivered an update to its information page regarding Berndale Capital Securities Pty Ltd, who had its licence cancelled by ASIC.
EU Judge Raises Prospect of Increasing Multibillion Fine Against Google
Alphabet's appeal against a multibillion-dollar fine for alleged anticompetitive behavior by its Google unit risks backfiring after a European Union court floated the prospect of increasing the fine (Warning: source paywalled; alternative source), rather than scrapping it. The Wall Street Journal re...
Arsenal struggling to agree new contract with Bukayo Saka
Liverpool are interested in the teenager
The Reserve Bank of India can’t counter food inflation without factoring in extreme weather events
What’s behind the rising price of onions in every alternate year since 2013? Climate change.
Singapore PM says recession possible due to coronavirus outbreak
SINGAPORE — Singapore’s economy could enter recession due to the blow from the coronavirus outbreak, its prime minister said on Friday, adding that the city-state was bracing for a “significant” hit in the coming quarters.
Coronavirus: India Inc will shiver if China can't contain outbreak
Efforts to contain the coronavirus outbreak within next three to four months will be critical as it would determine the fate of many industries around the globe, including in India.
Some Abertay students ‘can’t afford food’ as university defends rent rises
Abertay University has defended its decision to increase student rents amid claims some students are struggling financially.
CCI defends probe against Amazon; says company's claim unfounded
CCI counsel told Karnataka High Court that law gave the commission full jurisdiction to investigate Amazon for potential anti-competitive activity
Let's stick together on security, Germany's Kramp-Karrenbauer tells UK
BERLIN (Reuters) - The EU and Britain have a shared interest in retaining close security ties after Brexit, Germany’s defense minister told Reuters in an interview.
Misguided Attempts To Improve The Housing Situation
Today there have been calls to rehash the capital gains tax argument and restrict the ability for rental property owners to borrow funds. These are misguided calls.
Why Neeraj Dewan in bullish on consumption, infra and auto
Neeraj Dewan, Director, Quantum Securities, says growth is not happening for the larger part of the market, but four to six months down the line, the economic activity should pick up and one must select stocks based on that.
Basf (ETR:BAS) Given a €68.00 Price Target at UBS Group
UBS Group set a €68.00 ($79.07) target price on Basf (ETR:BAS) in a report published on Monday morning, Borsen Zeitung reports. The brokerage currently has a neutral rating on the basic materials company’s stock. BAS has been the topic of a number of other research reports. Credit Suisse Group set a €66.50 ($77.33) price objective […]
Facebook’s Zuckerberg wants ‘new framework’ for digital tax
Facebook founder and CEO Mark Zuckerberg on Friday backed moves by the OECD group of free-market economies to reform the way online giants...
Cruise industry avoids Asia as it seeks to limit coronavirus risks
Many cruises in the region are being cancelled while others currently sailing are being re-routed, skipping originally scheduled stops in China, Hong Kong and Singapore
Reports | PSG to offer Kylian Mbappe £41 million per year amidst Real Madrid interest
Paris Saint-Germain are set to offer French superstar Kylian Mbappe a £41 million per year contract in order to keep the 21-year-old at the club. The 2018 World Cup winner has been heavily linked with a move away after he rejected PSG’s first attempt at extending his current contract beyond 2022.
Analyzing Piper Sandler Companies (PIPR) & Its Competitors
Piper Sandler Companies (NYSE: PIPR) is one of 36 publicly-traded companies in the “Security brokers & dealers” industry, but how does it contrast to its competitors? We will compare Piper Sandler Companies to similar companies based on the strength of its dividends, institutional ownership, analyst recommendations, profitability, earnings, valuation and risk. Profitability This table compares […]
Virus could mean $5 bn in airline losses: UN agency
The new coronavirus outbreak could mean a $4-5 billion drop in worldwide airline revenue, the International Civil Aviation Organization said on Thursday.
Council to consider housing or care services at former Perth care home site
The site of a former Perth care home which closed down despite criticism from the public could be brought back into community use with a mixture of housing and care services.
"Oversold" Pound Sterling finds Buying Interest
It was a sea of green for the British Pound on the global currency performance board at the start of the new week as it rallied against the majority of its peers and confirmed that while there is much anxiety over looming trade negotiations
Exclusive: Scope Markets Joins Your Bourse’s Liquidity Network
Online trading provider Scope Market announced on Friday the joining to the network of Your Bourse Liquidity Hub partners.
Mark Zuckerberg to voice support for global tax on tech giants
Facebook CEO Mark Zuckerberg is to offer public support for international tax reform which would see technology giants pay more tax in Europe.
GBP/USD faces a probable move to 1.3160 – UOB
In light of the recent price action, Cable could now move to the 1.3160 region, in opinion pf FX Strategists at UOB Group. Key Quotes 24-hour view: “A
Trains in the newly electrified Thanjavur-Tiruvarur broad gauge section can now operate
The Commissioner of Railway Safety (CRS), Southern Circle, Bengaluru, has given statutory clearance for passenger and freight train services on this section
IRS Backs Off Fortnite Gaming Currency As Reportable Income
The IRS has deleted a part of its website regarding the taxation of video game currency, perplexing gamers and others as to the question of taxing virtual cash.
Compass Group (LON:CPG) Price Target Raised to GBX 1,800
Compass Group (LON:CPG) had its price objective lifted by Goldman Sachs Group from GBX 1,700 ($22.36) to GBX 1,800 ($23.68) in a research report released on Monday, Stock Target Advisor reports. They currently have a sell rating on the stock. A number of other research firms also recently weighed in on CPG. UBS Group reaffirmed […]
Zambia banks reap record profits from government debt
Stanbic posted a profit before tax and costs of 1.72bn kwacha last year.
DMart OFS: Non-retail quota subscribed 3.4 times
Radhakishan Damani and other promoters of Avenue Supermarts would be selling 2.28 per cent stake or 1.5 crore shares of the company in a Rs 3,500-crore deal.
'Exceptional Leader': HM Amit Shah Pays Tribute To Sushma Swaraj On Her Birth Anniversary
Union Home Minister Amit Shah on Friday paid his tribute to late former External Affairs Minister Sushma Swaraj on the day of her birth anniversary.
Shore Capital Reaffirms Buy Rating for Frontier Developments (LON:FDEV)
Shore Capital restated their buy rating on shares of Frontier Developments (LON:FDEV) in a research note published on Tuesday, Digital Look reports. Other analysts also recently issued research reports about the stock. Citigroup reissued a buy rating on shares of Frontier Developments in a report on Tuesday. Berenberg Bank reissued a buy rating and set […]
Mike Ashley's Frasers Group joins calls for business rates reform
Mike Ashley's Frasers Group has said that with the British high street on "life support" the Treasury must take action on business rates reform.
Bitcoin Mining Stock Surges as Chinese Economy Falters
The economic fallout from the Coronavirus is starting to be felt across the world. China’s economy has been the hardest hit but contrary to wider market
Copies of ‘anti-farmer’ Budget burnt in 19 Punjab districts
To facilitate MNCs and corporates, the Modi government has proposed cluster farming, one district one crop and one corporate for marketing, which will hit the farmers hard, the protesters said.
Datacom Announces Appointment Of New Chair
Datacom Group is pleased to announce Tony Carter’s appointment as the new chair of the board following the retirement of current chair, Craig Boyce.
Jefferies Financial Group Analysts Give Delivery Hero (ETR:DHER) a €75.00 Price Target
Jefferies Financial Group set a €75.00 ($87.21) target price on Delivery Hero (ETR:DHER) in a report released on Tuesday, Borsen Zeitung reports. The firm currently has a buy rating on the stock. Several other research firms have also recently issued reports on DHER. Kepler Capital Markets set a €63.60 ($73.95) target price on Delivery Hero […]
RBS profit surges, as bank’s new CEO sets climate goal
LONDON, Feb 14 — Royal Bank of Scotland today said its net profit almost doubled last year to £3.1 billion, as new chief executive Alison Rose placed climate at the top of her agenda. Rose said in the earnings statement that she planned also to roughly halve the size of the Edinburgh-based...
Rand firmer after Ramaphosa’s speech
The rand was subdued following the delay caused by the EFF.
Sebi seeks explanation from former CARE Rating chairman, MD for interference in ratings
Markets regulator Sebi has sought explanation from erstwhile managing director and CEO, and chairman of CARE Rating for their interference in the rating process of entities including DHFL, IL&FS and Yes Bank, sources said. In a letter on February
Costly onion, potato push WPI inflation to 3.1% in Jan
Both food, non-food articles inflation are expected to rise further, say experts
GBP/USD drops to session lows, risks breaking below 1.30 mark post-US retail sales
The GBP/USD pair held on to its weaker tone and dropped to fresh session lows, around the key 1.30 psychological mark in reaction to the latest US mac
JPMorgan Chase gives fintechs data access deal deadline
JPMorgan Chase has sent fintechs a letter warning that they will be cut off from retrieving customer information unless they sign up to a new data access agreement, according to Reuters.
IOB to focus on MSME, will increase lending to Rs 50,000 cr: Official
Laying more focus on MSME segment, IOB would increase its lending to the sector from the present Rs 31,000 cr to Rs 50,000 cr in a couple of years from now.
Coronavirus And Credit - A Perfect Storm
This article posits that the spread of the coronavirus coincides with the downturn in the global credit cycle, with potentially catastrophic results.The credit crisis was already likely to be severe,
An inside look at the debate around pandemic bonds, which have $425 million hinging on how deadly the coronavirus ends up being
A group of unique bondholders will either reap massive profits or lose hundreds of millions of dollars as the coronavirus outbreak escalates.
4 ASX shares to get you started in investing
If you're looking to get started in investing, here's why I think BHP Group Ltd (ASX: BHP) and these 3 other ASX shares are a great place to begin.
How Dynamic Supply Chain Analytics Smooths Cash Flow
ClearMetal discusses the impact of static data analytics on cash flow through the supply chain, with impacts on inventory and invoice-to-payment cycles.
Lack of wood closes mill
Hundreds of forest industry workers will be affected as a pulp and paper mill on Vancouver Island shuts down for one month because it says it can't get enough wood.
Flywire Secures $120 Million Through Series E Investment Round Led by Goldman Sachs; Announces Acquisition of Healthcare Technology Platform Simplee
Flywire, a U.S.-based fintech firm that provides global payment and receivables solutions for education, healthcare, and commercial enterprises, announced on Th
Russia Leads Multinational Stablecoin Initiative
Russia is taking the lead in issuing a multinational stablecoin backed by commodities with the Eurasian Economic Union, or EAEU, and BRICS countries.
The think tank behind Australia's changing view of China
The Australian Strategic Policy Institute has played a central role in the breakdown of consensus on Beijing. Its critics accuse it of fomenting hysteria.
Contracting Is Not A "problem" That Needs "solving"
Roger Partridge - Chairman
Hitting the target: business tries to break the deadlock on climate
Growing support for a net zero emissions target is heaping pressure on the government and Labor to adopt more ambitious climate policies.
Skoda Enyaq: Brand's new EV crossover named
The Czech brand loves its unusual model names, and its vital new EV takes the cake
Renault reports net losses of 141 million euros in 2019
Renault said its outlook for 2020 was bleak with a fresh fall in operational profitability, a statement said Friday.
U.S. January core retail sales unchanged; December revised down
Sales at clothing stores declined by the most since 2009
Horizon Oil hired disgraced lobbyist in PNG
The ASX-listed company at the centre of corruption allegations in Papua New Guinea hired a lobbyist who was found guilty of stealing public money.
Advertising giants face ACCC inquiry into market power
Concerned about market concentration, the Morrison government has ordered an inquiry into the conduct of digital giants such as Google and Facebook, and global advertising agencies.
3 Small-Cap Stocks With Big-Cap Potential
You may wish you had bought Axos Financial, Telaria, and Yext now if they hit their upside potential later.
Sebi constitutes municipal bonds development committee
Markets regulator Sebi on Friday said it has constituted a committee which will suggest on policy matters pertaining to development of municipal debt securities and facilitate municipalities for issuance of such bonds. The regulator has constituted
FM Sitharaman says the govt is open to tweaking inside and outside Budget for economic growth
irmala Sitharaman said the immediate feedback to the Union Budget has been motivating, as it has had a 'positive impact' on the currency, bond and equity markets.On the REITs and InvITs, the Finance Minister said she wanted to hear the views of the economists and other tax experts on the Budget
The inside story of a gas deal gone bad
ASX-listed Horizon Oil went from challenging a strongman in PNG to ignoring corruption warnings and paying a shell company $US10.3 million.
South Africa's fuel prices to drop (with diesel users to benefit most)...
The AA says “steady declines in international oil prices" have set the stage for fuel price reductions at month end, despite a weakening rand.
Beware of the perils of swimming against the tide
Why the share market and the ocean have much in common, and the lessons we can take from learning not to swim against the tide.
TechTarget: Hop On The Priority Engine Express For 75% Gains
TechTarget has significant barriers to entry and lots of operating leverage.Priority Engine Express will accelerate organic revenue growth.75% upside is possible with robust EBITDA growth.
SilverCloud On How FIs Can Offer SMBs A ‘Consumer’ Banking Experience
SilverCloud CEO Scott Cornell tells PYMNTS how forward-thinking FIs can bring digital tools that improve consumer relationships to their corporate customers.
4 of the biggest news pieces from the ASX200 this week
These were 4 of the biggest news items from the ASX 200 (ASX:XJO) this week. Read how this affected these individual companies.
ASIC sends a message about takeover laws
Takeover law is a high-stakes game, and the criminal charges levelled against Jan Cameron show the regulator clearly wants to make a strong point.
Wolverhampton Council spends £18,000 on two trips to France property convention
Wolverhampton Council spent more than £18,000 of taxpayers' money on two trips to a real estate exhibition in France, figures have revealed.
Amazon May Have Finally Cracked This Huge Retail Category
The company's decade-long efforts to make inroads in this $700 billion category may be starting to pay off.
HCB Financial: A Modestly Overvalued Bank
HCB Financial is a solid community bank serving an area in southwestern Michigan.A conservative loan portfolio, however, offsets a remarkably low cost deposit base to limit the company's net interest
Exports contract for 6th straight month, drop 1.66 per cent in January; trade deficit widens
Shipments of petroleum products, plastic, carpet, gems and jewellery, and leather products contracted by 7.42 per cent, 10.62 per cent, 5.19 per cent, 6.89 per cent, and 7.57 4 per cent, respectively, in January. Imports also fell for the eighth consecutive months, down 0.75 per cent to USD 41.14 billion in January, widening the trade deficit to a seven-month high of USD 15.17 billion, according to the government data released on Friday.
Nvidia shares surge on signs of machine learning boom
Shares of Nvidia Corp rose 6% on Friday after the chipmaker stunned analysts with strong quarterly results and joined rivals Intel Corp and Advanced Micro Devices Inc in predicting strong demand for chips used in the latest generation of data centers and AI.
Europe wants G20 to make taxing digital giants top priority this year
Finance ministers and central bank governors of the world’s 20 biggest economies meet on Feb. 22-23 in Riyadh
If you haven't started saving for retirement, don't panic, but get a plan
OTTAWA - Canadians are bombarded by advertising preaching the virtues of starting to save for retirement early, letting the benefits of time and compound in
AMP embarks on 'whole of wealth' cross-sell
The strategy unveiled by the AMP CEO has seen Bell Potter put a Buy recommendation on the stock for the first time in four years.
Trump to meet with top business executives during India visit
President Trump will meet with executives of Indian companies with business interests in the United States during his visit to New Delhi this month,
Total considers stopping fuel oil sales for power: CEO
ABERDEEN, Scotland (Reuters) - France’s Total (TOTF.PA) is considering stopping sales of fuel oil to power markets as the energy giant seeks to reduce its carbon footprint and grow its renewable power business, its chief executive told Reuters.
South African public sector union says wage deal not open for review
Nehawu says the wage agreements are 'sacrosanct'.
British bank RBS changes name in evolution to 'purpose-led' operation
Feb. 14 (UPI) -- The Royal Bank of Scotland announced Friday it will change its name to the NatWest Group later this year as part of a shift to become a "purpose-led" operation -- and distance itself from scandals related to a major bailout more than a decade ago.
Trump Wants $1.5 Billion for Uranium Mining
The Trump administration is asking Congress for $1.5 billion over 10 years to create a new national stockpile of U.S.-mined uranium, saying that propping up U.S. uranium production in the face of cheaper imports is a matter of energy security.
ESIC to hike confinement expenses for maternity services to Rs 7,500
The decision was taken at an ESIC meeting chaired by Labour Minister Santosh Gangwar on Thursday
Number of unemployed persons in Pakistan at present
According to the latest available Labour Force Survey (2017-18), the total unemployed persons in Pakistan are 3.79 million out of the total labour force of 65.5 million, depicting an unemployment rate of 5.79%. Year-wise data on total labour force, total unemployed persons and unemployment rate from the year 1990-91 to the year 2017-18 is given below: Note: The above data was submitted in the National Assembly by the Minister for Planning, Development and Special Initiatives Asad Umar on February 14, 2020 in a written reply to a question asked by the Pakistan Muslim League-Nawaz (PML-N) lawmaker Chaudhry Muhammad Barjees Tahir. Responding to another question asked by Ali Khan Jadoon of Pakistan Tehreek-e-Insaf (PTI), Asad Umar told the House that the Chinese Companies have not given any loans to the government of Pakistan; however, the Chinese government has provided the loan for the following projects: Thakot-Havelian Road project (KKH-II) M-5 Motorway Multan-Sukkur Section Optical Fiber (Khunjrab-Rawalpindi)…
Tesco rapped for ‘unlawfully’ blocking competition
Twenty three of the company’s 5,354 leases stopped competitors opening stores nearby, the competition watchdog found.
Is It Time To Say ‘Goodbye, Vodafone?’ Choice Is Government Takeover Or Bankruptcy
The political cost of offering huge bailouts can be high.
An EU judge told Google it's landed on Monopoly's 'Go to Jail' square and reportedly threatened to increase its $2.6 billion antitrust fine, Business Insider - Business Insider Singapore
Business Insider - Google faced stinging criticism from an EU General Court judge as it fights a $2.6 billion antitrust fine first imposed in 2017.. Read more at businessinsider.sg
Weekend Reading: 15-16 February 2020
Global Macro / Markets / Investing:
An inside look at the debate around pandemic bonds, which have $425 million hinging on how deadly the coronavirus ends up being, Business Insider - Business Insider Singapore
Business Insider - The World Bank called the bonds "a momentous step" in curbing disease, while a public health expert deems them "inappropriate and ineffective.". Read more at businessinsider.sg
An EU judge told Google it’s landed on Monopoly’s ‘Go to Jail’ square and reportedly threatened to increase its $2.6 billion antitrust fine
Google’s legal battle with the EU over antitrust fines has just gotten fierce.
South African Rand Risks Fresh Depreciation Despite SONA's Positives
The British Pound Sterling vs the South African Rand: Latest GBP/ZAR News and Analysis
Asia sees sharp decline in match-fixing, says AFC
"From 2016 we've witnessed a decline in match-fixing across Asia by 21% and with our efforts in tandem with Sportradar, the preventive measures we've introduced have produced positive results," Benoit Pasquier, AFC General Counsel and Director of Legal Affairs, told Reuters by email.
Is professional investment advice worth the fees?
Determining the value of professional investment advice is a catch-22. While professional guidance has proven to boost returns over time, the cost of paying for it also eats away at those returns over time.
The Daily Chase: Rail blockade fallout continues; Canopy rallies as revenue surges
CN said yesterday it has begun an “orderly shutdown” of its network in Eastern Canada, which forced Via Rail to halt service on all but two of its routes across the country as blockades continue to impede rail traffic.
518 job offers made to 428 students at IIM-Bangalore
Strategy consulting and product management continue to be the most sought after roles, followed by Finance and General Management.
UEFA bans Manchester City from Champions League for two seasons
LONDON — English Premier League champion Manchester City was banned by UEFA from the Champions League for two seasons on Friday for "serious breaches" of spending rules and failing to co-operate with investigators i n a seismic ruling against one of world football’s wealthiest clubs.
Germany’s BaFin Alerts Residents to Nexo – Group
The Federal Financial Supervisory Authority, more commonly known as BaFin, has published a warning on its website this Friday.
US retail sales up a modest 0.3% in January
WASHINGTON — U.S. retail sales rose a modest 0.3% in January, a slight improvement over December, as unseasonably warm weather boosted sales at hardware stores and furniture stores.
African Development Bank says World Bank chief’s criticism ‘misleading’
The African Development Bank on Thursday pushed back against World Bank President David Malpass’ comments that it and.”
US accuses Huawei of stealing trade secrets, assisting Iran
Tracking of protesters alleged in latest indictment against, escalating tensions.
No extension in deadline for selling BS-IV vehicles, says Supreme Court
The apex court had on October 24, 2018 said no Bharat Stage-IV vehicle would be sold or registered in India from April 1, 2020
Mining ban has shaved ₹7,000 crore off Goa’s economy, says report
Ban has severely impacted jobs, says CMIE report
Coronavirus Fears Gifts an Attractive Price for Qualcomm Stock
Although the coronavirus and declining China sales pose problems for QCOM, they could be temporary headwinds.
More people failed to pay property taxes in 2019: City of Regina
“The numbers are a little bit different from last year, a little bit higher.”
This 6% Yield Is Not Fat, It Is Just A Little Husky
Husky Energy has delivered one of the worst returns among the Canadian large cap energy space.At the core of the issue is the fat capex which prevent meaningful free cash flow generation.We examine th
Canada's Telus Announces Pre-Valentine's Pledge To 'Stay Faithful' to Huawei In National 5G Rollout
In a statement ahead of Valentine's Day, the Canadian executive said it was "important" for Telus to launch its network "when the time is right", adding that his company would continue working with govenrment officials to build its networks.
Philips: High Margin Of Safety And A 10% IRR Make This Medical Imaging Play A Buy
Philips has transformed from an industrial conglomerate to a leader in several fields within the medical technology space.The company is a global leader in the oligopolistic medical imaging space.The
Renault reports first net losses in decade for 2019
French carmaker Renault said Friday it went into the red last year for the first time in a decade on lower sales and a falling contribution from its Japanese partner Nissan.
Renault plans US$2.2b ‘no taboos’ cost cuts after first loss in a decade
PARIS, Feb 14 — Renault’s first loss in a decade triggered a no-taboos commitment to cut costs by €2 billion (RM9.1 billion) over the next three years from the carmaker today, as it tries to put the Carlos Ghosn affair behind it. As ex-Volkswagen brand manager Luca de Meo prepares to take...
Lakshmi Vilas Bank posts ₹334-cr loss in Q3
Our Bureau Private sector lender Lakshmi Vilas Bank (LVB) posted a net loss of ₹334 crore in the third quarter of FY20 when compared to the ₹373-crore net loss recorded in the same period the previous
Boeing and engineering union agree on new, extended contract
The board of SPEEA will recommend the proposal to its 18,000 members in the Puget Sound area.
World Bank questions Uganda’s growth with no jobs
Kampala, Uganda | THE INDEPENDENT | The World Bank has said Uganda should ask hard questions on why the country is growing but not creating enough jobs and people incomes remain stagnant. In the Economic update for Uganda launched on Thursday, the international lender said Uganda’s level of per capita income – that is money …
Procurement, Digital Banking See VC Funding Rounds
This week's B2B funding focused on Software-as-a-Service (SaaS), cash flow amid streamlining payments and supply chain visibility, as well as digital banking.
Indian Ports Not To Allow Disembarkation Of Chinese Ships’ Crew To Avoid Spreading Of Deadly Coronavirus
Besides China, crew of the ships from Thailand, Singapore, Hong Kong and Macau will also not be allowed to disembark.
Warning of empty shelves
Sectors from retail to oil and gas are calling on governments to resolve a dispute with anti-pipeline protesters as a rail blockade enters its ninth day, extending railway shutdowns and threatening shortages of groceries, propane, drinking water and other goods.
UN experts: North Korea enhances nukes and illicit trade
CAMEROON, Cameroon — U.N. experts say North Korea has increased imports and exports of banned and restricted goods such as coal and petroleum products as it continues to enhance its illicit nuclear and ballistic missile programs in violation of sanctions. The experts identified new methods that the country is using to evade U.N. sanctions, including …
Withdraw income tax on overseas tours, travel agents petition PM Modi
The government introduced five per cent TCS on overseas tour packages with an aim to plug revenue leakag
Why fund management companies are surging on the ASX
Investing in fund management companies is back in favour after a year of uncertainty. Now the money managers are in the money.
Belarus leader says Russia insists on merging the two states
The president of Belarus said Friday that Russia insisted on merging the two states during last week's talks on further integrating the countries' economies. As negotiations on closer ties stalled, Russia halted oil supplies to Belarus and Lukashenko repeatedly accused the Kremlin of pushing
Enterprise Ireland ranked second globally for VC deal count
State agency backed 200 early-stage companies last year with about 1,500 in its portfolio
VW boss says no to coal, yes to Fridays for Future
‘If Germany does not make progress on the phase-out of coal, we cannot expect others to do so either,’ writes Herbert Diess.
Mobile banking, FinTech services under threat as critical upgrade costs soar
Digital mobile banking in Zimbabwe has matured beyond the proof-of-concept stage into mainstream adoption where it is servicing millions, driving local transact...
Pound-Australian Dollar Exchange Rate Forecast to Remain Supported
The British Pound has advanced 0.60% against the Australian Dollar over the course of the past week in line with the broader push higher by Sterling, that leaves it the top performing major currency for the week ending February 14
USD/JPY Price Analysis: Consolidated in a range, awaits US retail sales for fresh impetus
The USD/JPY pair extended its sideways consolidative price action through the mid-European session on Friday and remained confined in a narrow trading
OKEx Expands Into India’s Crypto Market via Partnership With Local Exchange
Despite the ongoing uncertainty toward crypto regulation in India, major global crypto exchange OKEx has just made another push in the country’s market.
What's Next For U.K. Car Manufacturing After Brexit?
A major plank of the economic argument to remain in the EU was that the U.K.'s highly integrated supply chains with the EU for industries like automotive and aerospace would be catastrophically impact
Bahamian Central Bank to Roll Out Digital Currency in H2 2020
The Bahamas’ Central Bank governor yesterday confirmed that a digital currency will be rolled out by the second half of 2020.
Tesco rapped for ‘unlawfully’ blocking competition
Twenty three of the company’s 5,354 leases stopped competitors opening stores nearby, the competition watchdog found.
Biggest Family Offices Get Direct Access to Trading Desks
Family offices with assets of at least $1 billion are increasingly bypassing private bankers to deal directly with investment bank trading desks, a Citigroup Inc. executive said.
An inside look at the debate around pandemic bonds, which have $425 million hinging on how deadly the coronavirus ends up being
A group of unique bondholders will either reap massive profits or lose hundreds of millions of dollars as the coronavirus outbreak escalates.
Canopy Growth says more cost cuts coming as it reports $124M loss
Canopy Growth Corp. is planning further cost cutting as it works to achieve positive cash flow and profitability, the cannabis producer's new chief executive said Friday as it reported a $124.17-million loss in its third quarter of 2020.
GBP/EUR Update - Cabinet Reshuffle - CityAM
Reports over the weekend of tensions rising between the UK and the EU over trade negotiations meant that the pound got off to a shaky start this week.
Barnsley co-chairman in talks to buy new club – ‘Moving in right direction’, deal could be done at €8-10m
Already invested in two clubs, Chien Lee is looking to put money in a third after selling Nice to Englishman Jim Ratcliffe back in August 2019. The American entrepreneur is currently the co-chairman of Barnsley FC, who were recently promoted back to the Championship, and has money placed in Swiss club FC Thun. Well, according
10 things you need to know before the opening bell
This is what traders are talking about.
Exports decline by 1.66% year-on-year to $25.97 billion in January
Imports too declined by 0.75 per cent USD 41.14 billion, leaving a trade deficit of USD 15.17 billion during the month under review
Covid-19 infections: Ministry receives 250 complaints about face masks
KUCHING, Feb 14 — The Domestic Trade and Consumer Affairs Ministry has received 250 complaints concerning face masks in the wake of Covid-19 infections. Its Deputy Minister Chong Chieng Jen said the highest number comprised 181 complaints concerning expensive prices, while the other complaints...
BPCL standalone profit zooms to ₹1,261 crore in Q3
State-owned Bharat Petroleum Corporation Ltd (BPCL) reported a standalone net profit of ₹1,260.63 crore in the October to December of FY20 from ₹495.14 crore a year ago mainly on the back of a margina
The daily business briefing: February 14, 2020
Prosecutors file more charges against Huawei, a judge halts a Microsoft military contract contested by Amazon, and more
Tax Appeals Commission dismisses bank’s attempt to write off Revenue bill
Unidentified bank facing assessment of €1.4 million
Volkswagen offered 830-mn-euro settlement for German diesel cases
The mass lawsuit is one of the major legal hangovers from VW's 2015 admission to fitting 11 million vehicles worldwide with software to make motors appear less polluting in regulatory tests than in real driving conditions. While diesel buyers in the US have enjoyed generous buyback and compensation schemes, German drivers had so far gone uncompensated for the impact of the scandal, which has since spread to other carmakers.
Student fury as colleges push limits with accommodation fee hikes
A number of colleges around the country are raising their student accommodation fees by the maxim...
Northumbrian Water to challenge regulator over price controls
North East water firm wants to balance reductions to bills with environmental improvements
Why the SC rapped Department of Telecommunications desk officer over AGR order
"We will draw up contempt against everyone," said Justice Arun Mishra.
Hong Kong pledges nearly R50bn as city seeks to contain spread of coronavirus
Hong Kong leader Carrie Lam pledged handouts totalling HK$25 billion to the Hospital Authority and businesses grappling with the coronavirus outbreak.
AZ revenues rise, but it says coronavirus could hit 2020
AstraZeneca’s new drugs powered a surge in revenues in 2019, but chief executive Pascal Soriot thinks the Covid-19 outbreak could weight on its 2020 performance.
Renault plans $2.2 billion 'no taboos' cost cuts after first loss in a decade
PARIS (Reuters) - Renault’s (RENA.PA) first loss in a decade triggered a no-taboos commitment to cut costs by 2 billion euros ($2.2 billion) over the next three years from the carmaker on Friday, as it tries to put the Carlos Ghosn affair behind it.
Safe to travel around Philippines — Duterte
The Philippines is expected to lose P42 billion in tourism revenues from China, Hong Kong, Macau and Taiwan due to the coronavirus outbreak from February to April, Tourism Secretary Bernadette Romulo Puyat said Wednesday.
Flat oil price offsets weaker Rand in projected March fuel price drop
Rand’s weakening against the US Dollar, as well as the mentioned flatter oil price, points to a decrease of between 14 and 25 cents a litre for petrol.
US Intelligence Community Sees Crypto As a Threat to the Greenback
The U.S. Office of the Director of National Intelligence is seeking a researcher to model risk scenarios for how and why the dollar could lose its global supremacy.
IRS suggests game currencies are not taxable; tax experts say don’t believe it
A change to the IRS website suggests that game currencies are not taxable, despite an earlier statement that they are – but tax experts say ...
Gold struggles to move into positive territory, trades around $1,575
The troy ounce of the precious metal rose $8 on Thursday but seems to be having a tough time stretching higher on Friday. As of writing, the XAU/USD p
BIR: Taxpayers should use online tax payment facilities
As the filing of the 2019 income tax returns nears, the Bureau of Internal Revenue (BIR) asked yesterday all taxpayers to make use of the online payment system which is more convenient and easy to use.
IRB Infra Q3 PAT down 27% at Rs 160 crore
Total expenses increased to Rs 1,534.36 crore, from Rs 1,446.82 crore earlier.
WTI climbs to fresh two-week highs above $52
The barrel of West Texas Intermediate (WTI) fell below the $51 handle on Thursday but recovered a large portion of its losses to close the day at $51.
Indonesia promotes ASEAN Outlook on Indo-Pacific at middle power meet
Indonesia is using a meeting of loosely associated and like-minded countries in Mexico City to promote the vision of an inclusive Indo-Pacific region, underlining the importance of dialogue to foster cooperation instead of rivalry.
You could be cheating on your taxes without realizing it. Here's how to tell.
Recent changes in tax laws eliminating or curtailing some long-time deductions and credits could turn ordinary taxpayers into inadvertent tax cheats.
UK government spent £500,000 on travel to Brexit negotiations
Huge bill on travel to and from Brussels reflects Theresa May’s drawn-out approach to negotiations
VN-Index dips, ending three-session gaining streak - VnExpress International
Vietnam’s benchmark stock market index slipped 0.08 percent to 937.45 points Friday, ending a three-session gaining streak.
UEFA receives record requests for Euro 2020 tickets
UEFA has received approximately 28.3 million requests for 2.5 million available tickets at the 2020 European Championship, double the amount sought in the...
Only 2,200 professionals in India disclosed annual income above ₹1 crore
I-T Dept shares data on income tax returns for 2018-19 via tweets
SC Comes Down Heavily On TELCOs For Not Paying AGR Dues, Asks Withdrawal Of Centre‘s Order Not To Take Coercive Action
SC Comes Down Heavily On TELCOs For Not Paying AGR Dues
Euro Buyers see Best Exchange Rate Since mid-December as Pound Sterling Boosted by Expectations for Increased Govt. Spending under Sunak
The British Pound has advanced against the Euro for six months in a row now and the momentum has taken the GBP/EUR exchange rate back up to 1.20
Airbus Orders Surge In January
Airbus has started the year on a strong note, with big orders for Airbus A220 and A320.Deliveries during were naturally weak during the month.Company targets 880 deliveries and has delivered 4% of tha
Turkey ready to join CPEC projects, Erdogan says
--Turkish president calls for 'quickly increasing' Pak-Turk trade to $1bn and gradually raising it to $5bn--PM Imran promises to fully facilitate Turkish business community in joint ventures with
You've Never Heard of the C-Suite Targeting Scam, but It's a Killer
A widespread but far less understood scam cost U.S. businesses more than $1.7 billion in 2019.
Agencies within the US Justice and Treasury Department are Seeking Millions of Dollars in Funding to Oversee the Cryptocurrency Industry
Federal agencies and departments established within the US Justice Department and the Treasury Department are reportedly requesting that millions of dollars be
Samsung's jailed board chairman has resigned
Lee Sang-hoon was convicted of violating South Korean union labor laws in December 2019, and sentenced to 18 months in prison.
After Supreme Court rap, DoT orders telcos to clear dues immediately
The order by the DoT has asked telcos to clear dues by 11.59 pm Friday.
Brazil’s Largest Crypto-Friendly Bank Posts 42% Rise In Q4 2019
The largest standalone investment bank in Latin America, Banco BTG Pactual SA, recorded an impressive 42% net income growth during last year's fourth
Thales sees opportunities in India after military plans theatre commands
The first batch of RBE2 air defence radar systems will roll out from the joint venture between Thales and Reliance Defence Limited next month, Sourisse told.
Former Starbreeze executive convicted of insider trading
Overkill's The Walking Dead continues to haunt Starbreeze.
Blow to Bitcoin Bulls as Price Hits China FUD Level [Again]
Bitcoin was struggling to resume its explosive upside action on Friday as it felt the pressure from a so-called China FUD level. The offbeat
With profitability in mind, Renault plans slew of initiatives in India
The auto maker is also gearing up to bring a mass segment EV in India within the next two years
In Hot U.S. Jobs Market, Half of College Grads Are Missing Out
Millions of Americans are seeing little return from their expensive college degrees -- even in today’s hot jobs market.
F&O: Options signal Nifty range in 12,000-12,300 zone
India VIX moved up by 1.83 per cent to 13.61.
What’s venture capital and why does it matter for startups?
The term 'venture capital' is often thrown about in the tech startup world, but do you know what it means and how it works?
AGR order: After SC rap, DoT asks telcos to clear dues by midnight
The DoT, which faced the ire of the Supreme Court for putting on hold recovery of dues from telecom companies, started issuing circle or zone-wise demand notices to firms, an order seen by PTI said
Malaysia's modest GDP growth in line with neighbouring countries: Azmin
KUALA LUMPUR: Malaysia’s modest gross domestic product (GDP) growth of 4.3 per cent last year is considered better than some of its neighbours, said Economic Affairs Minister Datuk Seri Azmin Ali.
Standard Chartered Joins Forces With Imperial College Business School For New Climate Risk Management Partnership
Standard Chartered, a UK-based multinational banking and financial services company with $688 billion in assets, announced on Thursday it has joined forces with
Flipkart to offer 'touch and feel' experience in tie-up with kirana stores
In fashion, tie-ups with local tailors had offered huge benefit to e-commerce company in a sharp reduction in the number of returns
Royal Bank of Scotland to be renamed after 293 years
The Government-controlled bank will become NatWest Group and agreed to a 5p-a-share special dividend after profits hit £4.2bn last year.
R&L upgrades PH credit rating
In a report to the Department of Foreign Affairs (DFA), the Embassy said the upgrade was made in view of the steady progress of the government’s reforms to modernize the tax system, the prioritization of the socio-economic agenda, the launch of the Bangsamoro Transition Authority (BTA), and the Build, Build, Build program.
ICAO forecasts $4-5 billion hit to first-quarter airline revenue from virus
ICAO forecast global airline revenue could fall by $4bn to $5bn in the first quarter due to flight cancellations linked to the coronavirus
Star fund manager's bet on $4.3 billion worth of Argentine debt is dangerously close to unraveling
Franklin Templeton and its star money manager, Michael Hasenstab, have $4.3 billion worth of Argentine bonds as the country marches towards rest...
4 Things Royal Dutch Shell Investors Need To Know In 2020
Royal Dutch Shell is an above-average, quality high-yield stock with a trustworthy dividend.Royal Dutch Shell offers above-average growth potential courtesy of a smart strategic focus on LNG.The valua
Odisha to tap 5T model for mineral resource mapping, extend KALIA scheme
State to also set World-class core sample laboratory and develop select rural habitats as smart villages akin to smart cities
NERC: Power sector recorded N1.7trn tariff shortfall in four years
The Nigerian Electricity Regulatory Commission (NERC) says the power sector recorded ₦1.72 trillion tariff-related revenue shortfall from 2015 to 2019. The commission said this in a newly released consultation paper
Bitcoin Tweets Reach 2-Year High as $10K Fuels Google Interest Surge
Twitter users churn out 75,000 posts mentioning Bitcoin in a single day, as price action sees mainstream consumers pay fresh attention.
Another rate cut early March, stimulus package end-February?
KUALA LUMPUR: The expectation of a monetary policy adjustment, on top of a fiscal stimulus package, to boost Malaysia’s economy soon is getting higher.
Not approached by any telco to finance AGR dues, says SBI chairman
The payments to be made by the companies include Rs 53,000 crore by Vodafone Idea, Rs 35,500 crore by Bharti Airtel and Rs 14,000 crore by the now defunct Tata Teleservices
Lion Air offers discounts to rev up business amid virus fears
Indonesia’s largest low-cost carrier is offering significant price cuts for flights to and from three destinations in the country as the aviation business is weighed down by concern over the coronavirus outbreak.
AGR-hit Vodafone Idea postpones Q3 analyst call
The filing, in late evening on Thursday, said the new date of the call will be intimated separately but did not give any reason for the postponement.
When are US monthly retail sales figures and how could they affect EUR/USD?
Friday's US economic docket highlights the release of monthly retail sales figures, scheduled at 13:30 GMT. Consensus estimates point to modest growth
HUL tops list of ad spenders; Amazon Online India ranks second: Report
Sports platform Dream11 makes it to top 5 in ad expenditure
OPEC January Production Data
OPEC 14 crude oil production was down 509,000 barrels per day in January.OPEC announced a couple of months ago that Ecuador was leaving the cartel. However, it was still included in January's data.Ira
Google takes appeal against €2.4bn fine to European Court of Justice
The European Court of Justice is hearing Google's appeal over a 2017 sanction for anti-competitive behaviour.
DoT Asks Airtel, Vodafone Idea, Others To Clear AGR Dues By Midnight
Airtel has told the DoT it will deposit Rs 10,000 crore of AGR dues by Feb. 20, 2020, and the balance before next date of hearing.
Airlines suspend China flights due to coronavirus outbreak
(Reuters) - Airlines are suspending flights to China in the wake of the new coronavirus outbreak.
WanaArtha Life’s securities accounts blocked by AGO in Jiwasraya trickle down effect
WanaArtha Life assured its policyholders that the policy benefits in the insurer were safe and that it was trying to handle the situation with the AGO, OJK and other relevant authorities.
3 Reasons Why DexCom's Q4 Update Delighted Investors
The medical-device maker delivered good news across the board for the quarter.
EUR/JPY challenges 119.00 ahead of US data
The persistent soft tone surrounding thje European currency in combination with the stead pace in the Japanese safe haven are forcing EUR/JPY to trade
Farm labourers union decries LPG price hike in Karimnagar
They fear a triple whammy with the hike in RTC bus fares, and the proposed electricity and house tax increases
The Interview That Should Terrify Owners of Freeport-McMoRan Stock
Freeport-McMoran stock works on paper. But higher cash flow will go to a management team that's already destroyed billions in value.
Rishi Sunak 'honoured' To Be Appointed As UK’s New Finance Minister
Indian-origin British MP Rishi Sunak said that he is “honoured” to be appointed as Chancellor of the Exchequer after he replaced Sajid Javid as UK's next FM.
Royal Bank of Scotland to be renamed after 293 years
The Government-controlled bank will become NatWest Group and agreed to a 5p-a-share special dividend after profits hit £4.2bn last year.
Rupee settles 6 paise lower at 71.37 against US dollar
On a weekly basis, the rupee has gained 3 paise.
What Farmers Are Reading This Week, February 7-14
This week, multiple companies released new information on equipment. Along with the equipment updates, the USDA released a new report, crop insurance received a cut, and hemp stayed in the news. If you missed anything from last week, follow the Successful Farming staff’s work in last week's recap. Read more: What Farmers Are Reading This Week, January 31-February 6
Portfolio Protection: Time Will Come When Silver Shines Brighter
This precious metal has constantly lagged behind gold, but everybody knows perfectly well the time will come when silver shines brighter.An unexpectedly long bullish market should eventually end. Havi
Supreme Court orders Indian telcos to pay US$13b or face action
NEW DELHI, Feb 14 — India’s Supreme Court today ordered top telecom companies to pay US$13 billion (RM53.8 billion) in unpaid spectrum and licensing fees by March 17 or face punishment in a fresh blow to ailing mobile carriers. Shares in Vodafone Idea, which said it would be hardest hit by the...
The secret to finding the best ASX shares – breaking all the rules
Let's look at David Gardner’s six rule breaker traits and see how they apply to the best ASX growth shares like CSL Limited (ASX:CSL).
Railways modifies capex spending model, enhances focus on critical projects
The national transporter has decided to disburse budgetary grants in full to projects nearing completion and will partially fund those in the initial stages
Tanzania borrows Sh147bn to construction a 550km SGR
NAIROBI, Kenya, Feb 14 – The government of Tanzania has received a Sh147 billion loan from Standard Chartered Bank Tanzania to fund the construction of Kenya breaking news | Kenya news today |
Hong Kong, Singapore rugby sevens postponed over virus
The flagship Hong Kong Sevens was slated for April 3-5, with Singapore a week later.
SNP minister demands urgent talks on £20 billion bridge to Scotland
Scottish Transport Secretary Michael Matheson has called for urgent talks with the British government over proposals for a bridge between Northern Ireland and Scotland - an idea he described as the prime minister's "vanity project".
9 Young Beneficiaries Of Chiefs’ FIFA Ban
The Siya crew has looked at nine young players who could be beneficiaries if Kaizer Chiefs fail to overturn the FIFA transfer ban.
Some Potential Swaps To Consider (If You Own The Sell Fund)
RVI to OPP, MMT to EHI, CIK to DHY, FLC/PSF to FPF, DSL to DBL, EFR to BSL, BLW to VLT.The buy candidate is not necessarily a buy on its own but it's cheaper and we think better to own here than the s
Tanzania borrows Sh147bn to construct 550km SGR line
NAIROBI, Kenya, Feb 14 – The government of Tanzania has received a Sh147 billion loan from Standard Chartered Bank Tanzania to fund the construction of Kenya breaking news | Kenya news today |
Deep Dive: Paper Checks: The Bane Of Student Disbursements?
The Disbursements Tracker Deep Dive examines how checks are alive and well for student aid disbursements, despite security flaws and better digital methods.
Reliance Retail fastest growing globally: Deloitte
Mukesh Ambani-led Reliance Retail has topped the list of ‘50 Fastest-growing retailers globally between FY2013-2018’ in the Deloitte’s Global Powers of Retailing 2020 index. The Indian retailer had r
2 top ASX dividend shares to buy and hold for the next decade
Here's why you can't go past these two top ASX dividend shares as long-term investments over the next decade.
Ivan Geshev: There will be Permanent Checks of What is Burnt in the TPPs
The Prosecutor's Office ordered the Minister of Ecology to immediately check whether there is illegal burning of waste in the Thermal Power Plants Bobov Dol, Brickel, Sliven and Pernik, which are linked to businessman Hristo Kovachki. Chief Prosecutor Ivan Geshev and Ministers Mladen Marinov (Minister of interior) and Emil Dimitrov (Minister of Environment) were in Bobov Dol on February 13 and announced that the TPP would no longer burn waste there and pollute the air in the area.
Chartered Accountants Ireland excludes Willie McAteer
Willie McAteer has been excluded from Chartered Accountants Ireland after a disciplinary tribunal found he had brought discredit on himself and his profession.
PSG replace Man City as most financially powerful club: report
French champions Paris St Germain have overtaken Manchester City as the most financially powerful club in world football, the annual Soccerex Football Finance 100 report showed.
Experienced interim moves to new challenged trust
A struggling hospital trust has appointed an experienced interim chief executive for the coming financial year.
DoT asks telecommunication companies to clear dues before midnight
15 entities owe the Government Rs 1.47 lakh crore
No to travel ban on ASEAN members
FOREIGN Affairs Secretary Teodoro Locsin Jr. said he will not support a travel ban to and from Singapore and other countries in the Association of Southeast Asian Nations (ASEAN) amid the 58 cases of coronavirus disease (Covid-19).
Bitcoin ‘Lambo Line’ Indicator Suggests Bull Market Inbound
According to findings from ChartStar, the number of 'Lambo' mentions on Reddit turns out to be a very good indicator for predicting strong Bitcoin moves.
Is 5AMLD Causing Crypto Companies to Shut Down & Relocate?
The EU's 5th anti-money laundering directive has already caused some crypto firms to relocate or shut down. Is regulation really a good thing for crypto?
MOBE ’six-figure income from home’ swindlers to pay FTC $17m, hand over tropical island real estate
21 steps, thousands of dollars, and the secret to easy cash was revealed.
Valentine credit data crackdown delivers kiss of death for online fraud
User-initiated bans bite from today.
ESG ETFs Help Investors Avoid Exposure To Some Headline Risks
ETFs that incorporate environmental, social and governance (ESG) principles provide investors with a diversified core portfolio position that is capable of avoiding some risk-off events due to the und
Investors Continue To Look Past The Coronavirus
Tokyo was a notable exception in the Asia Pacific region, as the other major equity markets, like in Hong Kong, China, Taiwan, South Korea, and Australia, advanced. The MSCI Asia Pacific Index rose fo
Focus on investment and job creation: Donald Trump's India plan revealed
Creating new jobs and boosting manufacturing is critical for Trump in his re-election bid later this year
'Open to Tweaking Inside And Outside Budget For Economic Growth', Says Nirmala Sitharaman
The government had announced a host of steps in the Union Budget, presented on February 1 in Parliament
US government $10bn Pentagon cloud contract put on hold
Jeff Bezos believes Trump nixed Amazon’s bid for Microsoft in pursuit of political agenda.
Royal Bank of Scotland to be renamed after 293 years
The Government-controlled bank will become NatWest Group and agreed to a 5p-a-share special dividend after profits hit £4.2bn last year.
TRB Ventures targets over RM8bil in property deals this year
KUALA LUMPUR: TRB Ventures Sdn Bhd is targeting over 50 per cent increase in new property sales to 21,000 units worth over RM8 billion this year via its property marketplace platform, MHub.
Do you want us to wind up SC?: Top court fumes at govt, telcos over non-payment of AGR dues
'We don't know who is creating this nonsense. Is there no law left in the country? It is better not to live in this country and rather leave the country,' the bench observed.
More risk capital and a strong corporate governance code, key to India's GDP growth: Uday Kotak
Indias aspirational growth of 6-7% depends on risk capital and strong corporate governance code, Kotak said.
The French and the Irish are fighting pension age rises – will the British?
Britons have been browbeaten while our nearest neighbours go into battle against changes
EUR/GBP bounces off 2020 lows, around 0.8320
The sterling is correcting lower following the moderate pick-up on Thursday and is helping EUR/GBP to bounce off recent yearly lows in the sub0.8300 r
Tobacco farmers worry over proposed hike in National Calamity Contingent Duty
‘Move will pave the way for smuggling of illegal cigarettes into the country’
German economy flatlines as eurozone growth hits seven-year low
Germany's economy is stagnating as a slowdown in spending and exports wiped out growth in the fourth quarter of 2019 with GDP unchanged.
Dividend Growth Or Higher Yields, You Choose
If you're blinded by a high yield, FRT may not be for you. FRT offers a strong balance sheet, consistent dividend growth, and great management.REG trades a lower multiple of FFO than investors would e
Motorists to pay more for petrol, diesel as import bill rises
NAIROBI, Kenya, Feb 14- Motorists will from mid-night pay more for super petrol after the energy watchdog hiked the price of the commodity by Sh2.67 to Kenya breaking news | Kenya news today |
6 Tax Deductions You Can Claim Without Itemizing
You don't need to itemize to reap these lucrative tax breaks.
The 10 Most Financially Powerful Clubs In The World Revealed
For the first time in three years, a Premier League club is not at the top of football's most financially powerful clubs ranking, while Manchester United have dropped to 16th place. Here are the 10 most financially powerful clubs in the world today!
Adani Group, Airport Authority of India ink pacts for managing Ahmedabad and two other airports
Three subsidiaries of the group – Adani Ahmedabad International Airport Limited, Adani Lucknow International Airport Limited and Adani Mangaluru International Airport Limited – have signed concession agreements with the AAI.
7 Stock Market Sweethearts You'll Want to Call Your Own
It's easy to adore these great businesses.
3 Big Stock Charts for Friday: Dollar General, IPG Photonics, and American Eagle
In this market, winners have run and losers have stayed stuck. These big stock charts focus on three names in between.
Delta to invest $1 bln to curb global air travel's climate impact
By Tracy RucinskiCHICAGO, Feb 14 (Reuters) - Delta Air Lines Inc said on Friday it will invest $1 billion over the next decade in initiatives that would limit the impact of global air travel on the environment, the first airline to make a commitment of that scale.The aviation industry accounts for roughly 2% of global carbon dioxide emissions and has set out a plan to achieve carbon-neutral growth from 2020, even as air travel is forecast to accelerate.
Warren Buffett loses $1 billion in 2 days after Kraft Heinz disappoints again
Warren Buffett took a $1 billion loss as Kraft Heinz stock plunged 11% in two days. Berkshire Hathaway's 27% stake in the food giant shrank in v...
BPCL seeks Assam govt’s stand on buying its stake in Numaligarh Refinery
The board of Bharat Petroleum Corporation Ltd (BPCL) has decided to initiate the process of selling its 61.65 per cent stake in subsidiary Numaligarh Refinery Ltd (NRL) amidst indications that the Ass
Investors welcome Poland's decision to freeze last coal-fueled plant project
WARSAW (Reuters) - Shares in Polish state-run utilities Energa and Enea gained on Friday after they froze financing of their joint project to build 1 a GW coal-fueled power unit, citing difficulties raising funds due to environmental concerns.
India’s Antitrust Investigation Into Amazon, Flipkart On Hold
eCommerce News: The Bengaluru court in India put the CCI antitrust investigation into Amazon and Flipkart on hold for two months following a challenge by Amazon.
Air India sale expected in first half of next fiscal: DIPAM Secretary
The deadline for submitting the EoI is March 17
GRAINS-U.S. soybeans stay firm as market awaits return of Chinese buying
* Soybeans set for second weekly gain in a row* Market expects Chinese demand as trade deal takes effect* Wheat, corn also steady as virus concerns abate (Updates with European trading, changes)By Gus Trompiz and Naveen ThukralPARIS/SINGAPORE, Feb 14 (Reuters) - Chicago soybean futures edged higher on Friday to stay on course for a second week of gains on expectations that China will step up purchases of U.S. crop.Corn and wheat also ticked up but were heading for a weekly fall as large global supplies offset support from steady export demand.
Rio Tinto and STAS to commercialise aluminium filtration technology
Rio Tinto has signed an agreement with Canadian firm STAS to commercialise an advanced compact filtration (ACF) technology for aluminium cast houses.
This is how much Sunderland council tax is going to rise by
“Raising council tax is one of those difficult decisions, if we don’t raise it we will need to cut services further"
Here's Why Everyone Should Be Rooting for Shopify
Shareholder or not, a new e-commerce movement is great for small businesses around the globe.
Positive Earnings Look as If They’re Already Priced in to Teva Stock
Teva stock rose 9% after a positive earnings report. But after $3 billion in cost-cutting, investors may be looking for additional revenue.
5 Ways to Prepare for a Recession
We don't know when the next downturn will hit, but we do know when to prepare for it.
'Remaining Restriction Should be Lifted Swiftly,' Says EU After Envoys Visit to Kashmir
“While we recognise the serious security concerns, it is important that the remaining restrictions be lifted swiftly,” said Virginie Battu-Henriksson, EU Spokesperson for Foreign Affairs and Security Policy.
New taxi company eyes expansion in unlikely Saskatoon success story
Captain Taxi started in the middle of the first year of ride sharing in the city
Renault launches 'made in India' Triber in South Africa, ships 600 units
With base in South Africa, Renault also plans to sell the model, which comes with a one litre petrol engine and flexible seating arrangement, in other parts of the African continent.
Ringgit ends higher versus US dollar
KUALA LUMPUR, Feb 14 — The ringgit closed marginally higher against the US dollar today, tracking the performance of regional peers amid concerns on the Covid-19 outbreak. At 6pm, the ringgit was quoted at 4.1360/1400 versus the greenback from 4.1390/1420 yesterday. FXTM market analyst Han Tan...
Government willing to do more beyond Budget to boost growth, says FM Sitharaman
Sitharaman said the finance ministry will provide details of the scheme soon
Huge potential for US-India ties in energy sector, ready to meet demand: US
Larry Kudlow, economic advisor to Trump, said that talks are going on between India and the US on a trade deal that could be inked during the visit of the president
[PHOTOS] A Condominium Project In Taman Desa Has Partially Collapsed
The 'Protect Taman Desa Coalition' has been protesting the project since 2017.
The 2 top British Jewish newspapers plan to merge but still publish separately
The two top British Jewish newspapers plan to merge in a move which will 'secure their financial futures.'
Lime Asset deliberately deceived investors in awareness of losses: FSS
South Korean fund operator Lime Asset Management and its seller Shinhan Investment deliberately duped investors by concealing their losses and continuing the sale of the related products, the watchdog Financial Supervisory Service said Friday. Based on an intermediary inspection and accounting audit, the FSS estimated that two of the disputed parent funds may suffer losses of up to 730 billion won ($617.5 million). ...
Satoshi Nakaboto: ‘Man charged with operating $300M money-laundering Bitcoin ‘mixer’’
Our robot colleague Satoshi Nakaboto writes about Bitcoin BTC every fucking day.
German economy stagnates in sign of Europe's difficulties
FRANKFURT, Germany (AP) — Growth ground to a halt at the end of the year in Germany, Europe’s largest economy, as manufacturing remained in a slump and exports fell, official figures showed Friday.The flat reading underlines the challenge facing the broader eurozone economy as it struggles against headwinds from the U.S-China trade dispute and Britain's departure from the European Union.Both the German and eurozone figures were the weakest since 2013, when the region was suffering from a debt crisis that nearly spelled the end of the euro currency.Germany's state statistics agency said Friday there was zero growth in the fourth quarter and a mediocre 0.6% increase for the whole year.
'Stay Alert' call to business as Coronavirus impacts spread across NZ economy - ABC
Importers and exporters should talk to their shippers - both sea and air - and keep informed as knock-on effects of China’s coronavirus hit New Zealand.
3 Steps to a Socially Conscious Portfolio
So you want your investment holdings to reflect your values and you’re confused by all the so-called E.S.G. funds. Here’s how to start.
Range Resources: Leverage Risk Climbs Sharply
The credit line may not be available when the company most needs it.Cash flow in the third quarter dropped nearly 50% from the previous year.Fourth-quarter cash flow should continue the pattern of pro
Top headlines: SC shocker for telcos, wholesale inflation rises, and more
From SC's rejection of telcos' plea for new schedule for AGR payments to wholesale inflation rises to 3.1% in January, here are the day's top headlines
Construction Activity Can Signal When Credit Booms Go Wrong
The risk of a bad boom- where a rapid credit growth episode is followed by a financial crisis or subpar economic growth -increases when there is also a boom in house prices.We find that signals from c
2020 - A Close Look At What To Expect
As Q4-2019 earnings continue to push the US stock market higher, what should traders expect going forward in 2020?There are a number of things that could potentially disrupt foreign market expectation
Apple Stock is a Tasty Breakout Candidate
Apple stock is itching to join the Nasdaq in overbought territory. Here's how to play the looming breakout with AAPL options.
JLL Reports Record Fourth-Quarter And Full-Year 2019 Results
NEW ZEALAND, 14 February 2020 – Jones Lang LaSalle Incorporated (NYSE: JLL) has reported outstanding operating performance for the fourth quarter and full year of 2019.
This Bitcoin Metric Is Over 100% Higher in 2 Months, and It’s Critical for Bulls
Over the past 60 days, Bitcoin has found itself rocketing higher, rallying from a low of $6,400 to a local top of $10,500 in the span of two months.
Obtaining PAN card will be made simpler, says Nirmala Sitharaman
Sitharaman made the comments during an interactive session titled 'Budget and Beyond' with professionals from asset management, wealth advisory, tax consultancy and other related industries at NITI Aayog
Replace your entire wage with dividends from ASX shares
You can replace your entire wage with dividends from ASX shares.
Storm Dennis: Newcastle United fans warned to expect delays ahead of Arsenal trip
Magpies supporters are heading the capital on Sunday for their clash at the Emirates Stadium
LuLu Group to expand retail arm Tablez, consolidate hotels in India
To also set up large-format malls in Hyderabad, Lucknow and Bengaluru
New Report A Pathfinder For Affordable Housing
A report released today by LGNZ provides a roadmap for councils finding their way through the complex policy, regulatory and market tools available to help enable more affordable housing developments for New Zealanders.
Brexit Takes a Chunk Out of Cisco’s Earnings, as Headwinds Blow
Cisco earnings fell flat this week, with the networking specialist posting a 6% drop in orders. The decline in Europe was blamed squarely on Brexit.
When The Facts Change
The coronavirus is a human tragedy, but the markets remain sanguine.A slowing of global growth is already factored into market expectations.Further central bank easing is expected to calm any market f
Over 15 tonnes of used cooking oil dispatched from Madurai to Telangana for bio-fuel production
The oil was collected from 222 shops in the city that used more than 40 litres of oil a day
Govt willing to do more beyond Budget to boost growth: FM Sitharaman
The country's GDP growth is estimated to slow to an 11-year low of 5 per cent in the current financial year
SpiceJet Q3 net profit soars 21% to Rs 78 crore despite 737 MAX troubles
SpiceJet reported growth in air transport services during the December quarter, as segment results for the period almost doubled to Rs 115.05 crore from Rs 58.55 crore from the year-ago period
Friday’s small-cap stocks to watch
Our roundup of Canadian small-caps of between $100-million and $2.5-billion in market capitalization making news and on the move today
Govt Hikes Fuel,Adjusts Electricity Prices
The government followed up their January increase on electricity prices by adjusting February prices by...
Standard Chartered and Imperial College partner to tackle climate change
The bank will work with Imperial College Business School’s Centre for Climate Finance and Investment over four years to “uncover solutions that will help embed climate risk identification and management into financial decisions.”
Meaty increases push up annual food prices - Stats NZ
Higher prices for meat, poultry, and fish contributed to a 3.5 percent increase in food prices for the year ended January 2020, the largest annual rise in food prices in over eight years, Stats NZ said today.
How to save money on car insurance—10 ways
Lowering your auto insurance bill doesn’t mean you have to sacrifice coverage or customer service.
Axfood And ICA 2019 Reports - Dividend Increases
In this article, we'll review both Axfood and ICA-gruppen FY19 results. Both companies increased their dividends for the year, albeit only in the 3-4% range.Both companies provided excellent FY19 perf
Bill.com: Material Deceleration On The Horizon
Bill.com reported its fiscal Q2 2020 results last week, beating top line estimates and reporting 50% year-over-year revenue growth.Despite an incredible report, revenue growth rates are expected to sl
This is how long it will take for the wind industry to add energy to the grid
SAWEA has asked for clarity on the planned sequence, to ensure that momentum is not lost.
WHSmith moves Daily Telegraph from ‘news’ to ‘magazine’ section of stores
Move by UK retailer comes as publisher grapples with decline in sales
Egypt Discusses Reinforcing Cooperation with Aramco
Egypt's Minister of Petroleum and Mineral Resources Tarek El-Molla has discussed with Fahad al-Ammari, General Manager of Area Projects-Upstream Project Management Saudi Aramco, and his accompanying delegation reinforcing bilateral cooperation on imp
KLM apologises after airliner crew's coronavirus toilet note sparks outrage in S.Korea
Seoul: KLM, the Dutch arm of Air France KLM, offered a public apology on Friday after a crew member sparked online outrage by posting a sign in Korean saying passengers on a recent flight were not allowed to use a toilet because of the new coronavirus.
Forget saving money! I’d invest using these 3 Warren Buffett tips
I think adopting a value investing strategy such as that used by Warren Buffett could be a better idea than having cash savings.
German Economy Slumps, Exports Fall, Underlines Eurozone Woes
Growth ground to a halt at the end of the year in Germany, Europe´s largest economy, as manufacturing remained in a slump and exports fell.
Analysts Admit Bitcoin Could See Larger Price Pullback After 3% Drop
Over the past 60 days, since bottoming at $6,400 in the middle of December, Bitcoin has been on a near-relentless surge higher.
Singapore woos world’s biggest money managers with new law
The law, known as the Variable Capital Companies Act, makes it easier for overseas and domestic entities to register funds in Singapore if they have a locally based fund manager.
IHS Markit Teams to Use Credit Benchmark’s Credit Analytics Tools for its Securities Financing Platform
IHS Markit has confirmed that it has teamed up with Credit Benchmark in order to use the company’s credit risk analytics tools for its securities financing so
Suspended NMC Health vice chair resigns amid legal review
NMC Health announced today that vice chair Khalifa Butti Omeir Bin Yousef has resigned with immediate effect amid a legal review.
Mark Zuckerberg 'accepts' Facebook may have to pay more tax in Europe
Facebook boss Mark Zuckerberg says he recognises that tech giants may to have pay more tax in Europe in future and understands the "frustration".
Premarket: European shares scale record even as coronavirus shows no signs of peaking
Hopes of government stimulus support shares globally
ETF Deathwatch For January 2020
The ETF Deathwatch list decreased in size in January. Ten exchange-traded products were added to the list, and 23 funds were removed.The funds added in January were a mix of actively managed, internat
Saudi Arabia, UAE Among Top 10 Logistics Markets
Arabian Gulf countries have had a high ranking in the 2020 Agility Emerging Markets Logistics Index, with UAE and Saudi Arabia among the top 10 logistics markets. In the GCC, the UAE ranked third, Saudi Arabia sixth, Oman 14th, Bahrain 15th, and Kuwa
Paul Pogba open to return to former club as Man Utd set hefty transfer fee
Paul Pogba wants a return to former club, Juventus, as Manchester United set a lower than anticipated transfer fee of just £83m
Pantami wants NCC board to link SIM cards, national ID cards, BVN
Pantami, has called on the newly inaugurated Board of NCC to link up sim card registration to National Identification Card and BVN.
NZD/USD extends sideways grind below 0.6450 ahead of US retail sales data
After rising toward the 0.6500 handle on the back of the Reserve Bank of New Zealand's hawkish policy outlook on Wednesday, the NZD/USD pair lost its
"No Rollbacks": BitMEX Says After 62% XRP Flash Crash
XRP saw a "flash crash" on the BitMex exchange, with the asset's price plunging by 50% in a few minutes' time.
China’s startups on the ropes after virus freezes funding
A backlash against Chinas tech champions in 2019 had begun damping a decade or more of go-go optimism and investment that fueled one of the fastest and largest creations of wealth the world has seen.
Pipeline protests expected today, governments to meet with First Nations
Anti-pipeline protests that have severed vital freight and passenger rail links across Canada could heat up today, with the added threat of activists planning to shut down government offices in British Columbia's capital.
Treasury Market Flashes New Warning As Real Yields Go Negative
Real yields for key maturities in inflation-indexed government bonds (TIPS) have slipped into negative terrain lately.It comes as no surprise to learn that the 10-year TIPS rate is plumbing depths bel
Nissan shares tumble to ten-and-a-half year low after earnings rout; Renault also suffers
TOKYO (Reuters) - Shares of Nissan Motor Co sank to their lowest in more than a decade on Friday, after deep cuts to the troubled Japanese automaker’s earnings forecast and dividend raised questions about its future profitability.
India, Portugal ink seven pacts after Modi-Sousa talks
The pacts provide for cooperation in areas of investment, transport, ports, culture and industrial and intellectual property rights. Portugal is an important country for India in Southern Europe, and bilateral ties have witnessed a steady progress in the last 15 years. In October 2005, Portugal extradited Abu Salem and Monica Bedi to face terror charges.
Universities say Chinese students could quit Australia
Top Australian universities warned Friday Chinese students may walk away from courses Down Under after Canberra extended a coronavirus travel ban, in a major blow to the multi-billion-dollar sector.
Fraport to speed passengers through two Brazilian airports
RIO de JANEIRO – Fraport Brasil has installed SITA’s passenger processing technology at the two airports it manages in Brazil, Fortaleza Airport (FOR) and Porto Alegre Airport (POA). New self-service gates provide passengers with automated entry to the security checking area with a simple scan of their boarding pass. This will reduce queues and make the process four times as efficient. Andreea Pal, CEO of Fraport Brasil, said: “A significant part of our remit is to invest in infrastructure to transform
Forever 21's $81 Million USD Bankruptcy Deal Gets Preliminary Court Approval
“Clearly, this is the only bid, and the alternative is liquidation, which is certainly not in anyone’s interest.”
RBS to rebrand as Natwest as bank posts £4.2bn profit under new boss Alison Rose
Royal Bank of Scotland reported profit of £4.2bn for 2019 today, beating predictions as new boss Alison Rose outlined a rebrand of the bank as Natwest.
Mark Carney sees silver lining in Brexit hit to economy
Mark Carney has said there may be a silver lining to Brexit and welcomes the Prime Minister's plans to address weak productivity.
Friday’s Insider Report: Chairman invests $1.2-million in this stock yielding nearly 5%
A look at recent notable transactions
Opinion: How Justin Trudeau can turn a lose-lose Teck decision into a delicate victory
By approving the Teck Frontier oil sands mine under the greenhouse-gas vows that Alberta Premier Jason Kenney has laid out, Mr. Trudeau can use the free market to wiggle his way out from between a rock and a hard place
AUD/USD pares early gains, turns flat above 0.67 as focus shifts to US data
The AUD/USD pair closed the first three days of the week in the positive territory but turned south on Thursday amid resurfacing worries over the coro
Top Analyst Confirms $100,000 Bitcoin Price Target For End of 2021
A prominent analyst hailing from institutional markets in Europe recently threw his weight behind a prediction that Bitcoin will trade at least as high as $100,000 by the end of 2021
AGR dues: DoT withdraws order seeking no coercive action against telcos
The department's move came after the Supreme Court directed the managing directors and directors of telcos and other firms to explain why contempt action be not taken against them
Jeremy Quin Appointed Defence Minister
Jeremy Quin MP takes over from James Heappey MP as Minister for Defence Procurement.
Operto and Lightmaker announce partnership for next-generation enterprise property management
VANCOUVER, BC - Operto Guest Technologies has announced a partnership with enterprise property management software and trust accounting provider Lightmaker Property Manager (LMPM). By joining with LMPM, Operto will further enhance its range of technological solutions which provide operational efficiency and best practice for professional property managers, as well as an enhanced personalized and comfortable experience for guests. Operto provides property managers with a software platform to manage access, temperature control and noise/occupancy monitoring that streamlines operations and improves the host/guest
LIST: Traffic schemes for Alabang, Balintawak starting February 14
The traffic adjustments will give way to construction works for the Skyway extension and Skyway Stage 3 projects
Official Survey Says Unemployment in West Bank, Gaza Rises 25%
Unemployment in the Palestinian labor force rose 25 percent in 2019, revealed an official report by the Palestinian Central Bureau of Statistics on Thursday. The number of unemployed was 343,800 in 2019, with 215,100 in the Gaza Strip and 128,700 in
No quick fix to pipeline protests, Trudeau says, as rail links severed
Prime Minister Justin Trudeau says there are no easy answers to the dispute over a British Columbia pipeline project that has sparked Indigenous protests at vital rail links across Canada.
Cost of upgrading three fire stations balloons to £20million
There are "unforeseen costs" which were not anticipated at the early stages
FIRS boss, Nami discloses why FIRS failed to meet revenue target under Fowler
The reasons why the FIRS failed to attain its tax revenue projections under former Executive Chairman, Babatunde Fowler, has been disclosed.
Renault reports first net losses in a decade for 2019 on lower sales
Renault said in a statement it suffered net losses of 141 million euros ($152 million)
Aviation finance sector looking vulnerable
High aircraft values and low lease-rate factors which do not reflect the commercial and operating risks facing airlines leave the aviation finance industry in a vulnerable state in 2020, says Scope Ratings. Scope expects little change to lease-rate factors in the first half of the year. The slowdown in the global economy will rub off on the aviation industry. More airline defaults and further consolidation are likely in 2020, though stability in oil prices will help the industry keep costs under
USD/CHF retakes 0.9800 mark, 1-1/2 month tops
The USD/CHF pair climbed to 1-1/2 month tops during the early European session on Friday and was now seen extending the momentum further beyond the 0.
IEA sees first drop in global oil demand
Global oil demand will drop this quarter for the first time in more than a decade as the coronavirus batters China's economy, the International Energy Agency said. The new estimates show that oil markets face a significant surplus despite the latest production cuts by OPEC and its partners. Crude already sank to a one-year low below $50 a barrel last week, and the impact of the epidemic will be felt throughout the year, the agency said. "Demand has been hit hard by the novel coronavirus and the widespread shutdown of China's economy," the Paris-based IEA said. "The crisis is ongoing and at this stage it is hard to be precise about the impact.
Renault sales and earnings drop in tough market
France's Renault saw its sales and earnings drop last year and says 2020 will be tough due to the need for investment in new technologies just as the market is shrinking.
German Economy Grows at Weakest Pace Since Crisis as Coronavirus Hit Looms
Pound Sterling (GBP) Live: Outlook Forecasts and Latest News presented in rolling live format
EUR/CHF: SNB does not find love in prices – Rabobank
The Swiss National Bank (SNB) has the mandate to maintain CPI inflation near 2% on a yearly basis but is currently running at just 0.2%. CHF’s strengt
SC orders telcos to clear dues by March 17, threatens contempt
The court, which had asked companies including Vodafone Idea and Bharti Airtel to pay 920 billion Indian rupees ($12.89 billion) in overdue levies and interest by Jan. 23, had rejected petitions seeking a review of its order last month
New GST filing format, e-invoicing to help in reporting for taxes: GSTN CEO
There is a need for standard to ensure complete interoperability, he said
Filipinos stranded in Taiwan cannot extend their visa-free stay — Banayo
The Manila Economic and Cultural Office (MECO) has reminded stranded Filipinos in Taiwan that they cannot extend their visa-free stay in the country.
Digital Turbine Is Likely To Catch A Second Wind
After a strong rally, consolidation set in, and the shares fell back to where they were in the summer of last year.However, we think the elements are in place for the company to recharge growth, drive
USTR Robert Lighthizer unlikely to visit India ahead of Trump's tour
The two countries are negotiating a trade package to iron out certain issues and promote two-way commerce
AGR case: DoT withdraws 'no-coercive order' against telcos after SC slams dept
Lambasting DoT for issuing circular, SC bench head by Justice Arun Mishra dismisses review petition saying there's "no stay" on coercive action against telcos who'll fail to comply with SC order
Former Bellamy’s director Jan Cameron charged after ASIC investigation
Former Bellamy's Australia director Jan Cameron will appear in the Hobart Magistrates Court on criminal charges after an investigation by the Australian Former Bellamy's director Jan Cameron failing to disclose her full interest in the infant formula company when it listed on the ASX in 2014, according to the corporate watchdog.
Kobe Bryant: Investigation reveals how pilot was distracted during flight
Ara Zobayan, the pilot of the Sikorsky S-76B helicopter that crashed on January 26 in Calabasas, killing Basketball Legend, Kobe Bryant; his daughter, Gianna and seven others was distracted while o...
Traders suspend imports from China
Kampala, Uganda | THE INDEPENDENT | Traders who import most of their goods from China say they have been unable to send money for goods or fly to China as most factories supplying them are closed due to the outbreak of the coronavirus. This will likely have an impact on the prices of most of the …
Mobile BNZ Brings Banking And Low Interest Loans To Northland
BNZ Chief Customer Officer, Paul Carter, says, “Mobile BNZ ensures our customers in Northland will have the opportunity to have a quality face-to-face conversation with one of our people.
New Political Poll Shows National Scraping Into Power And NZ First Out Of Parliament
The first 1 News Colmar Brunton poll of the year shows National just scraping in to power and New Zealand First out of Parliament.
Flywire Buys Simplee to Tap into Healthcare Payments, Raises $120M
Flywire announced on Thursday its acquisition of Simplee, a healthcare technology platform, aiming to enter the medical payments arena.
Warren Buffett loves using Valentine's Day to explain why See's Candies is his 'dream business'
"See's Candies means getting kissed," Buffett said in 1998. "If we can get that in the minds of people, we can raise prices."
It’s Time to Plug into PLUG Stock
Another deal and a technical big deal on the price chart puts PLUG stock into buying position for continued momentum.
Teranga secures approvals to acquire stake in Massawa Gold Project
Teranga has secured approvals to proceed to conclude the previously announced acquisition of a 90% stake in the Massawa Gold Project in Senegal, Africa.
Indian Court Stays National Competition Regulator’s Investigation Against E-Commerce Giant Amazon
New Delhi (Sputnik): US E-Commerce major Amazon engaged in deep discounting during the festive season in India. India’s domestic traders are up in arms, alleging that discounting by online retailers is distorting the market
Belarus Threatens To Tap Oil From Russian Pipeline
President Alyaksandr Lukashenka has said Belarus would start taking oil from a transit pipeline if Russia does not supply its neighbor with the required volumes of crude, the state news agency BelTA reports.
CBN condemns receiving foreign currency in transfers
CBN has lamented the rate at which international money transfers are done in foreign currencies by Nigerians, saying it is detrimental to naira.
Capgemini plans quarterly appraisals for entry-level workforce
To add 25,000 techies this year through mix of campus and lateral hires
RPower net profit declines 57 pc to Rs 49 crore in Dec quarter
Reliance Power (RPower) on Friday said its consolidated net profit has dipped over 57 per cent to Rs 49.39 crore in the December 2019 quarter, mainly due to lower income. The company's consolidated net profit had stood at Rs 116.44 crore in the
Glenmark Pharma Q3 consolidated net profit rises 64% to Rs 190.83 crore
Consolidated revenue of the company stood at Rs 2,735.56 crore for the quarter under consideration as against Rs 2,555.04 crore for the corresponding period a year ago.
5 bad money habits to give up sooner rather than later
We're not talking about pinching pennies — we're talking about bad money habits that are holding you back from building wealth.
Google’s €2.4bn fine ‘a small amount of cash’
Colm Mac Eochaidh comments come during hear at EU’s General Court in Luxembourg
Blame game over 830-mn-euro settlement in VW's German diesel cases
Consumer representatives and car giant Volkswagen each blamed the other Friday for a breakdown in talks over a settlement for 400,000 German customers in the firm's "dieselgate" emissions cheating scandal.
Trader: Ethereum Can Hit $440 But Indicator Warns Altcoin ‘Overbought’
“Serious resistance” should trigger above $400 as General Strength Indicator suggests Ether is at its most overbought since May 2019.
EFCC probes alleged diversion of N3b in Kwara _ The Nation Nigeria
The Economic and Financial Crimes Commission (EFCC) said it is probing alleged diversion of over three billion Naira by the past administration...
Dudley Council criticised over care home top-up fee system
A local government watchdog has accused Dudley Council of absolving itself of its responsibilities and putting vulnerable people at risk by refusing to handle top-up fees for nursing homes.
ONGC net profit falls 50% to ₹4,152 crore in Q3
ONGC has reported a ₹4,151.63 crore standalone net profit for the third quarter of financial year 2019-2020. This is 49.75 per cent lower than the ₹8,262.7 crore profit reported in the comparable quar
Covid-19: DPM confirms foreign ships refusing to share essential info barred from docking in Malaysia
PUTRAJAYA, Feb 14 — Malaysia will not allow any foreign vessel that refuses to share essential information to dock in the country, Datuk Seri Dr Wan Azizah Wan Ismail said today amid reports of recent attempts by two Hong Kong cruise ships. The deputy prime minister said the decision was made in...
After Supreme Court Rap, DoT Directs Telcos to Pay AGR Dues by 11:59 PM Tonight
The order by the DoT has asked telcos to clear dues by 11.59 pm Friday.
The Refined Investor Series 2020 promises to provide actionable insights for investors
The Refined Investor Series, reputed for high-level conversations is well attended by high profile business leaders and investors- and this year is no different as Fine & Country West Africa will be collaborating with PwC and Udo Udoma & Belo-Osagie as knowledge partners to execute what has been described as one of the most anticipated & insightful Real Estate events for the upper quartile market in Nigeria.
Kraft Heinz’s Junk Downgrade Rekindles Bond Market Jitters
Kraft Heinz Co., the iconic food giant created in a merger five years ago, was downgraded to junk by two credit raters, raising fresh worries among investors that a slowing economy could threaten the broader corporate bond market.
MyTheresa eCommerce Fashion Brand Plans To Go Public
MyTheresa, the online luxury fashion retailer, plans to list on the New York Stock Exchange to take advantage of robust equity markets.
USD/JPY drops below 109.80 after uninspiring US data
The USD/JPY pair lost nearly 15 pips with the initial reaction to Retail Sales and Industrial Production data from the US and touched a session low of
Collect on Rite Aid’s Short-Term Bullishness
My regular readers know I never want to buck the tape, or go against the action in the market, which is why I am recommending a bullish call option on Rite Aid Corporation (NYSE:RAD).
Trump wants $1.5 bn over 10 years to revive US uranium production
US uranium production has plummeted 96 per cent in the last five years, the US Energy Information Administration reported Thursday
I-T Dept notifies forms for companies to avail lower corporate taxes
CBDT has notified Forms 10-IC and 10-ID for existing companies that want to avail lower I-T rate and new manufacturing firms, respectively
Tesla raises $2 billion in secondary stock offering priced at $767 a share — 5% below where it's trading now
Tesla will sell 2.65 million shares of common stock for a price tag of $US767 a share, the company announced Friday. That’s a 4.6% discount on Thursday’s closing price.
SA Vs ENG 2nd T20I Live Streaming, Durban Pitch Report, Weather And All Match Details
In the second SA vs ENG T20I at Durban, England will have to win against Eoin Morgan's men at all costs to keep the series alive. Read further for all details.
Baltic states mull joint deposit recycling system
A meeting of Baltic Assembly committees in Tallinn February 14 focused on the circular economy and digital cooperation, with the possibility of a unified recycling system for all three Baltic states among the subejects discussed.
The Two-Step Path To Financial Independence
If you’re interested in financial independence, whether you want to see if you can accumulate enough capital to retire early or just want the kind of financial stability that lets you live your life as you choose, there’s a two-step path to getting there....
Cocoa traders expect adverse weather, hoarding to hit Ivorian sales
ABIDJAN/LONDON (Reuters) - Adverse weather and hoarding in Ivory Coast could see sales of the top cocoa producer’s largest export fall some way short of consensus, which could push global prices higher, traders said.
Consulting firms lead recruitment at IIM Bangalore
The lateral and final placements for the PGP Class of 2018-20 of the Indian Institute of Management Bangalore (IIMB) saw 518 offers, leading to all 428 students who appeared for placements being placed over three interview days.
136 million euros to energise Macedonia
Greek City Times Article
India's curbs on Malaysian palm imports stir up edible oil trade
"A rebalancing is happening in the palm oil market," says a Mumbai-based dealer with a global trading firm.
Anglo takeover becomes Sirius' last hope as alternative falls through
Embattled UK miner Sirius Minerals said today that it had dropped an alternative funding scheme to its takeover by Anglo American as it was unviable.
Wolverhampton's Beatties building should become hotel - councillor
The new owners of Wolverhampton’s historic Beatties building should turn the landmark into a luxury hotel, a leading city councillor has said.
Hedera Hashgraph Slumps 20% After Meteoric Rally
Hedera Hashgraph (HBAR) lost over 20% of its valuation just hours after performing one of the most spectacular rallies in recent crypto history. HBAR
Mobility in Africa, breaking new grounds
As Africa enters a technology revolution, the pace of urbanisation will increase, and the ever-pressing issue of mobility will increase with it.
Indonesia's 2020 census to recruit 390,000 volunteers, keen to follow S. Korea footsteps
The BPS will combine door-to-door interviews and data gathering from the Home Ministry’s Population and Civil Registration Directorate General for the 2020 census.
AGR row: After SC rap, telecom dept orders operators to clear dues before midnight
Department of Telecommunications has started issuing circle or zone-wise demand notices to telecom firms, asking them to clear pending licence fees and spectrum usage charges before 11:59 pm on February 14
CannTrust names new CEO as it works to restore licences lost from non-compliance
VAUGHAN, Ont. — CannTrust Holdings Inc. says it has appointed its chief financial officer, Greg Guyatt, to be its CEO as the company works to come back from the fallout of its operation of unlicensed grow rooms. The Vaughan, Ont.
PSG are now the club with the most financial muscle in the world
Of all of the world's most powerful clubs, Paris Saint-Germain continue to grow and have placed first in a recent study on the Football
Zuckerberg ready for Facebook to pay more tax as welcomes rules review
MUNICH (Reuters) - Facebook (FB.O) Chief Executive Mark Zuckerberg accepts that global tax reforms mean it may have to pay more taxes in different countries, excerpts of a speech he is due to deliver in Germany on Saturday show.
NZX profit reflects growth in capital markets
The NZX says its full year result reflects the stellar performance of the capital markets over the past year, with momentum expected to drive growth in the coming year. The capital market operator's net profit rose 25.7 percent to $14.6 million in the year to December, and rose 7.1 percent on continuing operations. The market operator said it spent most of its capital investment to upgrade the NZX trading system and NZX Wealth Technologies over the past year. NZX chair James Miller said the 2019 results showed encouraging earnings growth, assisted by strong growth in the local market, which rose more than 30 percent over the year. "This extends the excellent run of New Zealand's sharemarket over the past decade," Miller said, noting the NZX's share price had increased 42 percent over that period.
Amazon Stock Is a Buy if Not for the Coronavirus
But it’s the coronavirus, not the tremendous spike in market value, that investors should be worried about in the nearer term.
What's next for Vodafone Idea, Bharti Airtel after Supreme Court's AGR blow?
AGR row: Soon after the court judgement, Airtel said that it's in the process of doing self-assessment of the dues, and shall submit Rs 10,000 crore by February 20
Future Industry Consolidation Could Be Good News For Macerich
On February 10, the shopping center REIT giant Simon Property Group announced it was acquiring a majority equity stake in Taubman Centers, Inc.Future consolidation in the industry could be good news f
Retirement hack: cheap dividend stocks could make you a million
Buying undervalued income shares could boost your chances of generating a seven-figure portfolio.
Covid-19: Taiwan says China ‘stalling’ over repatriation flights
TAIPEI, Feb 14 — Taiwan today accused China of dragging its feet over the evacuation of citizens stranded in the midst of the deadly Covid-19 outbreak, the latest spat between the two neighbours. Multiple countries have successfully arranged evacuation flights for nationals stuck in Hubei...
Market movers: Stocks seeing action on Friday - and why
A roundup of some of the North American equities making moves in both directions today
2 Well-Covered 8% Yields Below Call Value: DCP Midstream LP
DCP has two preferred issues with 12.92X distribution coverage in 2019.Both are below their $25 call value.DCP's 15%-plus common unit yield's coverage also is detailed.Earnings, growth projects, analy
Swaraj Kaushal, Bansuri Remember 'joy Of Our Lives' Sushma Swaraj On Her Birth Anniversary
Swaraj Kaushal, husband of late Sushma Swaraj, has remembered the former External Affairs Minister on her birth anniversary - the first since she passed away
Consumers Turn To Unattended Retail For Speed, Shorter Lines
The February 2020 Future of Unattended Retail Report: Vending as the New Contextual Commerce examines what consumers expect from advanced UR encounters.
Telugu migrant labourers stranded without work permit in Iraq to return home
Explaining the fate of those migrants who were without work permit, Telugu Gulf Employees Welfare Association president Alagonda Dakshina Murthy, who works in Erbil, said his association had approached the MoS for MEA V Muraleedharan during his visit to Iraq in November 2019.
Jet buyers back Boeing-Embraer deal as Airbus expands reach
SINGAPORE — Some of the world’s biggest aircraft buyers are urging the European Union to clear Boeing’s tie-up with Embraer, fearing Embraer’s commercial aviation business would struggle on its own now Airbus has swallowed its main competitor in regional jets.
AAP's hat-trick and the Delhi Assembly Polls
Arvind Kejriwal’s Aam Aadmi Party won the Delhi Assembly elections for the third time this week. The Aam Aadmi Party, which is also known as the AAP, won 62 seats of the Delhi Assembly, while the BJP
After SC rap, DoT orders telcos to clear dues by 11.59 pm today
The DoT, which faced the ire of the Supreme Court for putting on hold recovery of dues from telecom companies, started issuing circle or zone-wise demand notices to firms.
EU says India has taken steps to restore normalcy in Kashmir, calls for swift withdrawal of remaining curbs
The European Union spokeswoman said we recognise the serious security concerns, but it is important that the remaining restrictions be lifted swiftly.The comment comes after the 25 EU diplomats visited Kashmir on Wed and Thu and ahead of a meeting of the envoys with India’s NSA Ajit Doval
Renault plans a slew of initiatives in India
"We will bring innovation and find slots where demand is there. We have Kwid and Triber and in the second half of this year, we also plan to bring in a new product which would be based on Triber platform," says Mamillapalle
Illegal miners face 2-year imprisonment - FG - The Nation Newspaper
Anyone who engages in illegal mining will face two-year jail term without an option of fine, the federal government has declared...
Asian plane makers struggle to take off in crowded market
Asian plane makers have thrown huge sums at building jets but flagship projects have suffered repeated setbacks, and they face a tough time breaking into a market dominated by established players.
Budget: farmers disappointed
Farmers’ organisations are disappointed with the State budget in view of lack of an announcement on crop loan waiver and increase in paddy procurement price. They have expressed concern over the gover
FG transfers oil assets, OML 98, from PanOcean to NPDC
The Federal Government, yesterday, transferred ownership of Oil Mining Lease, OML, 98 to the Nigerian Petroleum Development Company, NPDC,
EUR/USD tests daily highs around 1.0850 post-US data
The shred currency has recovered the smile at the end of the week, with EUR/USD now navigating the upper end of the daily range around 1.0850. EUR/USD
Via trains at standstill as talks to end blockades get rolling
Anti-pipeline protests that have derailed vital freight movement in eastern Ontario and passenger rail travel across Canada are continuing Friday, with the added threat of activists planning to shut down government offices in British Columbia's capital.
Digital Asset Exchange Liquid.com to Launch FF1 Token, a Cryptocurrency that Helps Create a Diversified and Risk-Managed Investment Portfolio
Liquid.com, a globally accessible digital asset exchange, confirmed on February 11, 2020, that Two Prime’s inaugural FF Token, the FF1, will be officially int
Reports: Manchester United join Real Madrid, Barcelona, Liverpool in transfer race for PSG star
The latest word around the rumour mill is that Manchester United have also joined the transfer race for Paris Saint Germain (PSG)’s Kylian Mbappe, who is being targeted by Real Madrid, Barcelona and Liverpool as well among other top-flight European giants.
'A smart move': Here's what 4 Wall Street analysts are saying about Tesla's $2 billion common stock offering
Tesla announced on Thursday plans to raise $US2 billion in funds through a common stock offering.
Software Maker Toast Raises Funds at $4.9 Billion Valuation
Toast Inc., which makes point-of-sale technology for restaurants, raised $400 million at a $4.9 billion valuation in a fundraising round led by investors including Bessemer Venture Partners and TPG.
ONGC Q3 net halves on fall in oil, gas prices, output
State-owned Oil and Natural Gas Corp (ONGC) on Friday reported halving of its December quarter net profit after it faced the double whammy of falling oil and gas prices and a drop in production. Standalone net profit in October-December at Rs 4,152
Breaking: Lagos closes 16 companies over N126.19m tax evasion
The Lagos State Internal Revenue Service(LIRS) on Friday announced that it had closed 16 companies in the state over alleged failure to
UK ministers back post-Brexit points-based immigration system
‘Simpler’ and ‘fairer’ visa regime will apply from January 2021.
Income Tax Department busts ₹2000 crore black money racket in Andhra Pradesh, Telangana
Searches conducted by the department earlier this month covered more than 40 premises.Chandrababu Naidu’s associate was covered in the search operation
Exports decline 1.7% in January, trade deficit widens to $15 billion
During the first 10 months of the current fiscal, while exports contracted 1.9%, imports shrank 8.1%.Of the 30 major items in India’s export and import baskets, 21 export items and 17 imported goods fell
Top news of the day: Supreme Court rap forces telecom department to order telcos to clear AGR dues, memorial for slain CRPF jawans inaugurated in Pulwama, and more
The major news headlines of the day, and more.
Brexit investments paying off for UK mining companies
UK mining sector earnings have increased by over £2bn since the UK voted to leave the EU in June 2016, according to analysis of the latest ONS figures.
RISE OF THE CIO: How the digital revolution is changing the role and making it a critical part of the C-suite
Business Insider explores the minds of top CIOs leading tech overhauls to see how they're dealing with the changing duties of the role.
CannTrust names new CEO as it works to restore licences lost from non-compliance
CannTrust Holdings Inc. says it has appointed its chief financial officer, Greg Guyatt, to be its CEO as the company works to come back from the fallout of its operation of unlicensed grow rooms.
Thai villagers turn to court in protest over Mekong dam in Laos
BANGKOK (Reuters) - Villagers along the Mekong River have asked a court in Bangkok on Friday to slow down Thai purchases of electricity from a hydropower dam in Laos, which they say has harmed their livelihoods since it began operation last year.
US Dollar Index challenges daily lows near 99.00, U-Mich in sight
The US Dollar Index (DXY), which tracks the buck vs a bundle of its main competitors, remains on the defensive at the end of the week and is now flirt
Exxon Mobil: A Great American Company With A 5.66% Dividend Worth Investing In
Exxon Mobil has increased its dividend for 37 consecutive years and with yields closing in on 6% it is an income lover's dream.Exxon Mobil is positioning itself for the future as its recoverable resou
Digix, Developer of First Asset-backed Digital Gold Token, Launches Revamped Marketplace and Website
Digix, the developer of the first asset-backed digital gold token, recently upgraded its online marketplace and website. The company’s new marketplace and dig
On heels of quarterly loss, Nissan again slashes full-year outlook amid economic uncertainties
After posting only its first third quarterly loss in 11 years, Nissan Motor Co. on Thursday again cut its annual profit forecast due to weak demand and eco
Tesco 'unlawfully' blocked rivals from opening nearby stores, CMA finds
Tesco has been told to stop illegally blocking rival supermarkets from buying its land or leasing nearby sites by the [...]
Online scam reveals a lack of controls
Experts say that the possible theft of $4.1 million in public funds shows problems in public administration systems and that cybercrime continues to accelerate
Taiwan says China 'stalling' over repatriation flights
'The Chinese side has used all kinds of reasons to stall and refused our plans and recommendations. We deeply regret this,' says Taiwan's health minister Chen Shih-chung
Hong Kong stocks end week higher as virus deaths fall
Hong Kong stocks edged up on Friday, as the daily death and infection tolls in the epicentre of the coronavirus outbreak returned to lower levels, following a dramatic spike the previous day. At the
Puerto Rico loses millions in email phishing scam
Authorities have frozen $2.9 million but haven't revealed how much money was stolen.
Flight Centre lifts stop-sell on SAA tickets
Its preferred travel insurance provider has reinstated cover to SAA, effective immediately.
No quick fix to pipeline protests, Trudeau says, as rail links severed
Prime Minister Justin Trudeau says there are no easy answers to the dispute over a British Columbia pipeline project that has sparked Indigenous protests at vital rail links across Canada.
#SONA2020: Renewable energy sector celebrates pledge to bid window 5
The South African Wind Energy Association, along with the broader renewable energy sector have welcomed the announcement that bid window 5 will open soon.
Kevin Carmichael: Bombardier may have failed, but at least it tried to win
Kevin Carmichael: A humbling time for one of Canada’s great enterprises
United Bancorporation Of Alabama: Annual Update On Alabama's Southern Banking Belle
United Bancorporation of Alabama has exceeded most of our expectations over the last two years. The company's operating performance has benefited from some nonrecurring items, especially awards relate
Goods exports dip 1.6% to $25.97 b in Jan; trade deficit at $15.17 billion
Coronavirus outbreak, persisting protectionism add to exporters’ woes
Improving cybersecurity is imperative
As the custodian of the people's property and their most confidential information, the government has the responsibility to have secure and safe cybernetic systems, with maximum internal controls and administrative protocols that effectively prevent any fraudulent action.
Statement at the Conclusion of the IMF Mission to Pakistan 2020
An International Monetary Fund (IMF) Mission led by Ernesto Ramirez Rigo visited Islamabad during February 03-13, 2020 to initiate discussions on the second review of the authorities’ economic reform program supported under the Extended Fund Facility (EFF) arrangement. At the conclusion of the visit, Ramirez Rigo made the following statement released on February 14: “The IMF staff team had constructive and productive discussions with the Pakistani authorities and commended them on the considerable progress made during the last few months in advancing reforms and continuing with sound economic policies. The mission and the authorities made significant progress in the discussions on policies and reforms. In the coming days progress will continue to pave the way for the IMF Executive Board’s consideration of the review. “The macroeconomic outlook remains broadly as expected at the time of the first review. Economic activity has stabilized and remains on the path of gradual recovery. The current account deficit has…
DoT asks Vodafone Idea, Airtel to clear AGR dues by midnight
The DoT, which faced the ire of Supreme Court for putting on hold recovery of dues from telecom companies, has started issuing circle or zone-wise demand notices to firms
GSA and NIC hold sensitisation forum on Cargo Insurance Draft Protocol
news, story, article
Corruption and mismanagement to blame for SA poor economy - Cosatu
Reacting to President Cyril Ramaphosa's SONA, Cosatu warned the government not to outsource its developmental obligations to the private sector.
CPP Investment Board posts 3.6 per cent rate of return for its third quarter
TORONTO — The Canada Pension Plan Investment Board says it earned a return of 3.6 per cent during its most recent quarter, after expenses. Net assets for the Toronto-based fund manager grew to $420.4 billion as of Dec. 31, up from $409.
Insured losses from storm Ciara could near $2 billion, RMS estimates
(Reuters) - Total insured property losses from storm Ciara, which was named Sabine in Germany, could be between 1.1 billion and 1.8 billion euros ($1.2 billion-$1.95 billion), catastrophe risk modeling firm RMS estimated on Friday.
Redskins Reportedly Make Decision On All-Pro Corner Josh Norman
The Washington Redskins will be moving on from Josh Norman, who signed a five-year deal with the team back in 2016.
Mbappe To Become 3rd-Highest-Paid Player Worldwide?
Amid reports suggesting that Kylian Mbappe's eventual transfer to Real Madrid is already done and dusted, Paris Saint-Germain want to make the superstar the third-highest-paid player in the world by lifting his salary to Cristiano Ronaldo's level.
AGR dues: Bharti Group to deposit ₹10,000 crore with DoT by February 20
Will pay balance dues by next date of hearing, says telecom major
3 Defense Stocks for Geopolitical Turmoil
International conflict can bring investing opportunities. Here are three defense stocks to consider in these uncertain times.
Milk crisis: State seeks T.N. help
Milma is eyeing a daily supply of one lakh litres from Tamil Nadu
RBS profit surges, as bank's new CEO sets climate goal
Looking to the future, Rose said "climate, and the role we can play in accelerating the transition to a low carbon economy" was among her "initial areas of focus where we can make a substantial impact".
Kering Turned Over Approximately $17.15 Billion USD in 2019
With Gucci contributing approximately $10.42 billion USD alone.
The IRS won't ask you to report 'Fortnite' V-Bucks on tax returns
The agency's overall approach to in-game currency isn't clear, though.
GTBank, Zenith, Access, First bank, UBA get some Love on Valentine’s Day
Love is in the air and Nigerian bank users have spoken. ‘Who is the love of your life? Who is your crush? Your side boo? Your worst ex? Who will you break up with?’ Here at Ciuci Consulting, our annual banking report – What Retail Banking Customers Want for 2020 has started on a ‘love note’ with the #BankLoveChallenge.
Hong Kong unveils cash handouts as virus deepens economic woes
Hong Kong leader Carrie Lam says the government will dip into its financial reserves – some of the world's healthiest – to give cash subsidies to sectors hit hardest by the crisis
Q&A: Coronavirus likely to infect the global economy
The rapid development of China's coronavirus crisis coincided with the annual idling of much of the country's economic activity due to the Lunar New Year break, which typically runs for a week or two. ...
Northern Ireland to Scotland bridge would be 'utter waste of money', SDLP says
The proposed bridge between Northern Ireland and Scotland would be an "utter waste of public mone...
Facebook’s Zuckerberg wants ‘new framework’ for digital tax
Paris, France | AFP | Facebook founder and CEO Mark Zuckerberg on Friday backed moves by the OECD group of free-market economies to reform the way online giants are taxed worldwide, even if that means companies like his own paying more to national governments. “We also want tax reform and I’m glad the OECD is looking …
Irish judge says Google’s €2.4bn fine is ‘a small amount of cash’
Colm Mac Eochaidh remarks made at appeal hearing at General Court in Luxembourg
FG transfers oil assets, OML 98, from PanOcean to NPDC
The Federal Government, Friday, transferred ownership of Oil Mining Lease, OML, 98 to the Nigerian Petroleum Development Company, NPDC
Turkey ready to work on CPEC projects, says President Erdogan alongside PM Imran
Calls for increasing bilateral trade between the two countries to $1 billion, before bringing it up to $5 billion.
CBOT Trends - Wheat up 3-5 cents, corn mixed, soy steady-down 2 cents
CHICAGO, Feb 14 (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. CST (1430 GMT) on Friday.WHEAT - Up 3 cents to 5 cents per bushel* Some end-of-week bargain buying expected to boost wheat market. Most-active CBOT wheat contract has fallen in three of the four previous trading sessions and is on track for a weekly loss of 1.9%.
USD/CAD slides to 2-week lows, further below mid-1.3200s
The USD/CAD pair maintained its offered tone through the early North-American session and dropped to fresh two-week lows, around the 1.3235 region in
Museveni lauds Vision Group on Harvest Money expo
I applaud the Vision Group for bringing us together to learn and showcase different products and available resources and technologies for us to advance the agricultural...
Vietnam turns away cruise ship over coronavirus fears
Vietnam has turned away a German owned cruise ship with more than 1,000 passengers on board over fears of coronavirus infections on board,
Facebook - This Cash Machine Keeps On Spitting Out Money
Facebook's cash (and cash equivalents) balance keeps on increasing, exceeding the $50Bn mark (~$55Bn at year end 2020). This is fuelled by strong annual operating cash flow, which has now surpassed th
Tesla plans second stock offering to raise more than $2B
Feb. 14 (UPI) -- Electric automaker Tesla says it will make a secondary stock offer in a bid to raise more than $2 billion to shore up its balance sheet -- less than two weeks after boss Elon Musk said it "didn't make sense" to raise more money.
Pulses import may fall 60% next fiscal on good crop expectations: IPGA
There would be lower imports next year also because traders might not be able to buy from overseas market, taking advantage of loopholes in the import quota order
Sensex, Nifty fall for 2nd day as banking, auto stocks slide
Banking shares tumbled following the Supreme Court taking a strong note of non-compliance of its order asking telcos to pay ₹1.47 lakh crore in statutory dues.
Cruise passengers land after two weeks at sea over virus fears
Passengers on a cruise ship that was turned away from ports around Asia over fears they could be carrying the new coronavirus finally began disembarking in Cambodia on Friday.
CBDT notifies 10-IC, 10-ID forms for firms to avail lower corporate taxes
Form 10-IC will have to be filed by the companies that wish to avail the beneficial rate of 22 per cent upon relinquishment of the exemptions/incentives offered under the Income Tax Act.
The Peak Season For Cotton Prices Is Approaching
Cotton has moved lower from the mid-January high.A very volatile soft commodity - higher lows since 2000.China has weighed on the price of the fiber.Seasonality favors buying on dips over the coming w
Jitters infect trading, Fed withdraws
A large increase in reported coronavirus infected patients saw European and US investors step away from shares in overnight trading. Initial jitters were eased by a WHO official’s statement that the increase was simply a full accounting of cases so far. US indices recovered and made gains, until the US Federal Reserve announced it was tapering its repurchase agreement program, effectively withdrawing liquidity.
CBDT to base taxmen's appraisal on their 'Vivad se Vishwas' performance
FM Nirmala Sitharaman had proposed this direct tax dispute resolution scheme in her budget speech on February 1
NVIDIA Reports Bang-Up Q4 Earnings On Big Data Center GPU Gains, NVDA Shares Spike
NVIDIA saw big gains from its data center efforts, and investors reacted positively to its overall Q4 earnings report, sending the company's share price up more than 6 percent in early morning trading.
Carney says business must come clean quickly on climate
LONDON, Feb 14 — Bank of England Governor Mark Carney called on the world’s businesses to publish strategies for cutting carbon emissions and adopting cleaner power sources by November, when world leaders meet in Scotland for UN-led climate talks. “It’s not just green assets and divestment...
How much does the average Australian earn?
How much does the average Australian earn? Do you earn more than the average Australian wage earner? How can you earn more?
Tax dept notifies forms for firms to avail lower corporate taxes
In September 2019, the govt announced a cut in base corporate tax for existing companies to 22% from the current 30%.The effective tax rate for existing units will be 25.17% as compared to 34.94% now
Graphite India share turned Rs 1 lakh into Rs 25,000 in 1.5 years; here's why
Graphite India share price, which closed at Rs 1,100 on August 14, 2018 ended at Rs 283 on February 14, 2020
Trump to woo Indian executives during New Delhi visit
NEW DELHI (Reuters) - U.S. President Donald Trump will meet executives of large Indian companies with interests in the United States as he looks to drum up investments during his visit to New Delhi this month.
Is It Finally Time to Be a Believer in Tesla Stock?
With Tesla stock, it isn’t all about the high profile arguments from the bulls and bears. Here's what you should pay attention to.
New Helen Clark Foundation Report Urges Capital Gains Tax
A new report into New Zealand's shortage of affordable housing has called for a capital gains tax.
Takumi Appoints Mary Keane-Dawson as Group Chief Executive to Accelerate Growth
Following a year of rapid growth, Takumi appoints Mary Keane-Dawson as group chief executive.
Vijay Mallya says ED, CBI have been ‘totally unreasonable’
Beleaguered tycoon requests banks to take back 100% of the principal amount
EU launches anti-dumping investigation on China aluminum products
LONDON — The European Commission has opened an investigation into whether China is dumping aluminum extrusions, products widely used in transport, construction and electronics, in the European Union, it said on Friday.
Coronavirus could mean $5 billion in airline losses: UN agency
"Prior to the outbreak, airlines had planned to increase capacity by nine percent on international routes to/from China for the first quarter of 2020 compared to 2019," ICAO said in a statement.
Millions of couples unaware they're entitled to a £250 cash boost from HMRC
Themarriage tax allowanceallows you to transfer £1,250 of your personalallowance(the amount you can earntax-free eachyear) to your spouse or civil partner - saving you £250 a year
These were the best performing ASX 200 shares last week
The IDP Education Ltd (ASX:IEL) share price was among the best performers on the ASX 200 last week…
Binance Adds 15 Fiat Currency Options for Purchasing Crypto
Binance’s debit and credit card partner Simplex is now offering 15 more fiat currencies that are supported for purchasing Bitcoin, Ether and others.
Erdogan’s visit to Islamabad. Economic cooperation will intensify
By Seymur Mammadov The official visit of Turkish President Recep Tayyip Erdogan to Pakistan will be another milestone in further strengthening bilateral relations between the two countries in all areas. The two countries have always maintained and continue to maintain fraternal relations and in difficult times stand shoulder to shoulder with each other both in the fight against terrorism and at the international level, especially with regard to Ankara’s principled, unchanging position on the Kashmir issue. At the same time, Pakistan has always supported Turkey’s position on the Cyprus issue. Today, Turkey and Pakistan pursue an independent foreign policy and bear a heavy burden, which do not want to notice in the West. Both countries have similar experience in conducting a migration policy, have a tolerant policy towards their neighbors, and in Europe the concept of “multiculturalism” has become problematic and causes more and more irritation. From the 1980s to today, Pakistan has accepted up to 3.5 million Afghan…
Tactical Asset Allocation Views (February 2020)
China and the rest of Asia are likely to see the most pronounced decline in growth for Q1 2020, as economic activity is disrupted from quarantines, factories shutdowns and canceled transportation serv
Friday’s analyst upgrades and downgrades
Inside the Market’s roundup of some of today’s key analyst actions
Vietnam turns away cruise ship over coronavirus fears - state media
Vietnam has turned away a German-owned cruise ship with more than 1,000 passengers on board over fears of coronavirus infections on board, state media reported on Friday. Authorities in Quang Ninh province, home to the UNESCO world heritage site Ha Long Bay, decided on Tuesday not to allow passengers
Why you can never have too much super
If you're working hard and planning for retirement, you might wonder if you have too much in super. In my opinion, you can't.
USAID, UBA signs a new partnership deal
Kampala, Uganda | THE INDEPENDENT | The U.S Agency for International Development (USAID) through the Prosper Africa initiative is partnering with the United Bank for Africa (UBA) to increase two-way trade and investment between the United States and the nations of Africa. The partnership will ensure that businesses are equipped with the technical and financial …
New H-1B application process begins March 1
Employers that rely on foreign national talent face new electronic filing system and modified registration timeline for FY 2021 filing period.
Private firms to invest Rs 3,000 cr in MP, to create 14,000 jobs
The announcement in this regard was made by Madhya Pradesh Chief Minister Kamal Nath during the textile and garment sector round table held here
Aphria Stock Isn’t Profitable Enough to Be Worth the Risk
Aphria's results indicated that its profitability is weakening. As a result, Aphria stock is unattractive at this point.
Financial infidelity: 1 in 5 Canadians keep money secrets from their partner
While love is in the air for some this Valentine’s Day, a new survey finds that secrets are too with one in five Canadians admitting to engaging in financial infidelity.
Indiana Uses 3-point Flurry To Beat No. 21 Iowa, End Skid
Devonte Green scored 18 of his 27 points in the first half and Trayce Jackson-Davis added 17 on Thursday, helping the Indiana Hoosiers close out an 89-77 victory over No. 21 Iowa.
Zuckerberg ‘accepts’ that Facebook may have to pay more tax in Europe
Mark Zuckerberg accepts that global tax reforms mean Facebook may have to pay more taxes in some countries, including in Europe.
Could Beyond Meat Stock Beef Up Your Portfolio?
As Beyond Meat stock is already up significantly in 2020, it may be time to take some money off the table.
One-way traffic schemes, lane closures set this Valentine's weekend
Plan out your routes this Valentine's weekend as several lane closures and traffic schemes will be implemented across Metro Manila
KT Rama Rao hits out at Finance Commission over reduced states devolution
The reduction in devolution to 41 per cent from 42 per cent earlier will lead to an up to Rs 4,000 crore hit to Telangana, Rao told reporters on the sidelines of the NTLF here.
10 things you need to know before the opening bell
This is what traders are talking about.
Govt expects to complete Air India sale in first half of FY21: DIPAM secy
The deadline for submitting the EoI is March 17
Market Wrap, Feb 14: Sensex falls 202 pts post AGR verdict
Among telcos, Vodafone Idea tumbled over 23 per cent to Rs 3.44 apiece on the BSE post the AGR verdict
Rishi Sunak, Alok Sharma join UK cabinet; three Indian-origin MPs in Boris Johnson govt
The 39-year-old Chancellor Rishi Sunak has been the Conservative MP for Richmond in Yorkshire since 2015. He was born in 1980 in Hampshire
Report: Middle East and Africa’s Blockchain Spending to Surge 400% by 2023
The International Data Corporation projects that Middle East and Africa’s blockchain spending would surge from $21 million in 2019 to $105 million by 2023.
'No law left in country?' SC raps DoT officer on staying top court verdict on telcos' AGR dues
The Supreme Court on Friday asked Telecom companies why contempt proceedings should not be initiated against them for failing to pay over Rs 1.50 lakh crore Adjusted Gross Revenue to the Centre and
Consumer sentiment hits highest level since 2018 despite coronavirus outbreak
American consumers were increasingly optimistic about the economy this month despite a deadly viral outbreak. The University of Michigan said Fr...
India’s pulses import may fall 60% next fiscal: IPGA
There would be lower imports next year also because traders might not be able to buy from overseas market, says IGPA Chairman
Perth car parks card issue is set to be resolved
Machines at South Inch and Canal Street set to be back in business
What every Canadian investor needs to know today
A look at the morning’s market action
Malema not convinced by Ramaphosa’s jobs plan
Julius Malema said Ramaphosa continued to create long-term plans focused on consultations, which have had little results ...
Brexit and how farmers can survive it: how the next 11 months will shape the sector
It would be foolish to think that farmers in lowland areas such as East Anglia are going to get
Kresna goes about business as usual despite reports of problems related to Jiwasraya
The Financial Services Authority (OJK) has denied reports that investment management firm PT Kresna Asset Management (KAM) and life insurer PT Kresna Life are under investigation by the Attorney General’s Office (AGO).
Erdoğan's South America visit was milestone for ties, Paraguayan ambassador says
Despite the ocean between them, Turkey and Paraguay recently tapped into their shared economic potential and are now keen to make up for lost...
DealBook: Delta Plans to Go Carbon Neutral. Yes, You Read That Right.
The airline pledges to spend at least $1 billion to buy emission offsets and invest in more efficient planes, new fuel sources and carbon-capture technologies.
K’taka HC stays CCI probe order against Amazon, Flipkart
The respondents in the case, which are the Confederation of All India Traders (CAIT) and Delhi Vyapar Mahasangh, have decided to file an appeal against the order of the High Court with the consultation of their lawyers.
Biggest jump in world defence spending in 10 years: study
Global spending on defence rose by four percent in 2019, the largest growth in 10 years, led by big increases from the US and China, a study said Friday.
SBI a value play, buy Page Industries on dips: Rahul Shah, MOFSL
The economy is bottoming out and rural consumption is definitely growing. Plus, this quarters numbers have been fairly decent. I do not think there could be any more pain here for the auto sector in coming month, says Rahul Shah, Vice President, Broking & Distribution - Motilal Oswal Financial Services.
9 Food and Restaurant Stocks to Dine In On
Should the economy keeping rolling like it is, these nine food and restaurant stocks to buy will likely surprise many investors.
Coronavirus: KLM airline apologises after crew bans passengers from using toilet on 10-hour flight to South Korea
KLM, the Dutch arm of Air France KLM, offered a public apology on Friday after a crew member sparked online outrage by posting a sign in Korean saying passengers on a recent flight were not allowed to use a toilet because of the new coronavirus.
Politico: Zuckerberg accepts Facebook may pay more tax in different places
MUNICH, Feb 14 — Facebook Chief Executive Mark Zuckerberg accepts that global tax reforms mean the social networking giant may have to pay more taxes in different countries, Politico reported, citing excerpts of a speech he is due to give on Saturday. Cross-border tax rules are set to be...
Shock as RG’s office demands $200 top-up for ordinary passports
Registrar General (RG) Clemence Masango has ordered all citizens who paid $53 for an ordinary passport before the fees were raised to $253, to pay the difference of $200 before their travel documents are processed.
UP govt to promote e-vehicles, targets 10,700 mw of solar energy
The energy minister said the state was targetting solar energy generation of 10,700 megawatt (mw) by 2022 in the private sector to conserve environment and curb pollution
Renault reports first net losses in decade for 2019
Renault also took a hit from a decline in the financial contribution of a likewise struggling Nissan
USD/CAD drops below 1.3250 as WTI rebounds above $52
The USD/CAD pair continues to react to crude oil's performance in the absence of significant macroeconomic data releases on Friday. As of writing, the
Foreigners Dump Turkish Local Assets by Close to Record Amounts
Turkish local assets were hit last week by one of the largest bouts of foreign disinvestment in the last five years, Deutsche Bank said on Friday. The outflow signaled bearish market sentiment towards Turkey, which has seen the lira weaken in recent
Erdogan vows to take Pakistan-Turkey trade volume to US$ 5 billion
ISLAMABAD, Pakistan: The Turkish President Recep Tayyip Erdogan has said that there is a vast scope for increasing the current Pakistan-Turkey trade volume of US$ 800 million, and vowed to take it to US$ 1 billion in the first phase and eventually to US$ 5 billion later, the Dispatch News Desk (DND) news agency reported. While addressing the Pakistan-Turkey Business Forum in Islamabad on Friday, Erdogan said that we want to take the commercial relations between the two brotherly Countries to the same level as political ties. Tayyip Erdogan said that Pakistan and Turkey can collaborate in a number of industries for their mutual benefit, adding that we should not allow protectionism or trade walls between us. Live Stream: Turkish President Recep Tayyip Erdogan Speech at Pakistan- Turkey Business Forum in Islamabad (14.02.2020)#WelcomeErdoganToPakistan #PakTurkFriendship #PrimeMinisterImranKhan #Pakistan 🇵🇰 #Turkey 🇹🇷@RTErdogan https://t.co/oMp2F5r9Tp — Prime Minister’s Office, Pakistan (@PakPMO) February 14, 2020…
Vijay Mallya says ED, CBI been ‘totally unreasonable’
Lord Justice Stephen Irwin and Justice Elisabeth Laing, the two-member bench presiding over the High Court appeal, will hand down their verdict at a later date.
Nigeria has potential to feed Africa’s 1.2 billion people — Ecobank
Ecobank says Nigeria has the capacity to feed Africa’s estimated 1.2 billion people if it harnesses the gains of the agricultural value...
Valaris February 2020 Fleet Status Report Analysis
Valaris releases its new fleet status report.There is a number of developments on the floater front, but jobs remain short-term in nature.The company also announces several rig retirements.
Boris Johnson's Scotland-Ireland bridge branded `waste of money' by SNP Transport Secretary
Boris Johnson's proposed bridge between Scotland and Northern Ireland has been branded a "vanity project" by Scotland's Transport Secretary who called for the £20 billion  cost to be spent elsewhere.
4 ASX shares to watch in week 3 of reporting season
Here are 4 great ASX shares to watch during the busiest week of February's ASX reporting season.
Falling Oil Prices An Economic Warning Sign
Global demand has already been falling for the last several months, and oil prices are sending warnings that market hopes for a global reflation are likely not a reality.Falling gasoline prices have h
3 Big Things Today, February 14, 2020
Soybean and grain futures were little changed in overnight trading as the coronavirus spreads.
Former Anglo finance chief Willie McAteer expelled from accounting body
Membership of Chartered Accountants Ireland revoked and payment of €15,000 towards tribunal costs agreed
Income and Growth Investors Will Benefit as CVS Adopts Managed Care
CVS stock should attract both income and growth investors as it leads the trend of managed care against competitor UnitedHealth.
CBDT notifies forms for firms to avail lower corporate taxes
The move comes after the government had slashed corporate tax rate last year in September as a measure to boost economic activity. The base corporate tax for existing companies was brought down to 22% from the current 30% while for new manufacturing firms, the tax was reduced to 15 per cent from the current 25 per cent.
Biggest jump in world defence spending in 10 years: study
Global spending on defence rose by four percent in 2019, the largest growth in 10 years, led by big increases from the US and China, a study said Friday.
These were the worst performing ASX 200 shares last week
The Blackmores Limited (ASX:BKL) share price was among the worst performers on the ASX 200 last week…
SpiceJet reports 21% rise in Q3 profit to ₹78 crore
If the airline had not recognized such ‘other income’, it would have reported a loss of ₹173.19 crore.Expenses at the airline increased by about 56% from a year ago to about ₹3,848.61 crore in Q3
Adani Enterprises signs 50-year agreements with AAI for 3 airports
Having won bids, AEL had also set up a subsidiary Adani Airports Ltd which would operate, manage and develop the airports
MAX 737: SpiceJet considering Boeing compensation offer for grounded planes
The no-frills carrier has been impacted by the grounding of its 13 Boeing 737 MAX planes since March last year as it is incurring various costs related to the aircraft
RBI’s lending push amid inflation to crimp fixed deposit (FD) returns
Soon after the RBI monetary policy review earlier this month, banks dropped their fixed deposit rates. Mint explains the implications of the RBI action
Minister: Malaysia to cut red tapes, streamline investment process
KUALA LUMPUR, Feb 14 — Malaysia will be undertaking extensive reforms of the investment process to improve the ease of doing business for both foreign and domestic investors, the Ministry of International Trade and Industry (MITI) said. “Investors can expect red tape to be cut, bureaucracy to...
ED, CBI have been treating me 'totally unreasonably': Vijay Mallya
His lawyers told the British High Court this week that he had been the victim of the airline industry's misfortunes and had no fraudulent intentions behind seeking loans for his now-defunct airline.
Cruise passengers land after two weeks at sea over coronavirus fears
But the vessel was barred by Japan, Guam, the Philippines, Taiwan and Thailand over fears it was carrying someone with a new virus that has now killed around 1,400 people and sickened 64,000, mostly in China.
FIRS: Tax waivers, illicit flows responsible for low revenue
The FIRS says it has not been able to meet its revenue target because of non-discretionary tax waiver grants and illicit financial flows
Citing Covid-19 ‘emergency’, DPM says mask makers can hire more migrant workers to ramp up output
PUTRAJAYA, Feb 14 — Putrajaya is allowing local manufacturers of face masks to recruit more foreign workers to meet rising market demands over the novel coronavirus (Covid-19) outbreak here. Deputy Prime Minister Datuk Seri Dr Wan Azizah Wan Ismail said the manufacturers pled for a relaxation in...
Keep some powder dry, invest rest in 4 sectors: Gurmeet Chadha
Look at the last one-year return at the shorter end of the yield curve. Even if we have not taken any duration risk, we have clocked 10-12% kind of a return in the short-term debt category which is almost equal to the Nifty return of last one year, says Gurmeet Chadha, Co-founder, Complete Circle Consultants.
Worried About Retirement? 3 Moves That'll Help You Change Your Mindset
If the idea of leaving the workforce is making you anxious, these steps are a must.
Proposed $3.3bn external borrowing is to finance 2020 budget, Eurobond ― DMO
By Elizabeth Adegbesan The Debt Management Office (DMO) has clarified that the proposed $3.3 billion external borrowings is meant to finance part of the 2020 budget deficit of N2.18 trillion and refinance the federal government’s Eurobond maturing in January 2021. The DMO disclosed this yesterday in a press statement released on its website. In DecemberRead More
Edelweiss Q3 profit drops 93% to Rs 17 crore; debt-to-equity ratio improves
Consolidated expenditure of the company increased to Rs 2,598.06 crore in Q3FY20 over Rs 2,439.14 crore in Q3FY19.
Rent-to-buy scheme aims to help breach the ‘deposit barrier’
New homes at reduced rents give first-time buyers a chance to get on the housing ladder
Smart Speaker Market In The Q4, 2019. Amazon and Google Lead
The smart speaker market is still led by Google and Amazon due to the first-movers' advantages. Apple ranks sixth with its HomePod.
Maxim Behar is the Employer Brand Leader of the Year!
World-renowned PR expert Maxim Behar won the first place in the Employer Brand Leader of the Year category at the prestigious Employer Branding Awards competition organized by b2b Media. The owner and manager of one of the leading PR companies in Bulgaria M3 Communications Group, Inc.
The Multibillion Dollar Canal Carving a Rift Through Erdogan's Turkey
The largest infrastructure project Turkey has ever undertaken is angering environmentalists, opposition politicians and potentially Moscow
German economy stagnates as eurozone records weakest growth in seven years
Germany and the eurozone also face the possibility of disrupted trade with Britain, which left the EU on January 31
Lumber Is Quietly Rising
Lumber has not followed crude oil and copper.An industrial commodity for construction.Rates in the U.S. favor new home building.Levels to watch in the lumber futures market.The futures are dangerous;
XRP Outperforms Top 5 Cryptos, Unfazed by BitMEX Crash
The price of XRP recovered remarkably after the BitMEX crash, which led to heavy liquidations. Now, XRP is the best-performing coin among the leading 5
Philippines scraps coronavirus Taiwan travel ban
Manila says Taiwan had imposed strict measures against spread of Wuhan virus
Report: Manchester United want to sign Tottenham star Eric Dier
The Daily Star have claimed that Manchester United are considering a move to sign Tottenham Hotspur star Eric Dier ahead of the summer window, with Dier’s long-term future at Spurs in doubt. Dier, 26, is struggling to find his best form at Tottenham this season – even after the appointment of Jose Mourinho. The England […]Manchester United are reportedly eyeing a move to sign Tottenham star Eric Dier, with Spurs willing to 'listen to offers' given his current contract.
Were these the best results on the ASX last week?
Why I think Commonwealth Bank of Australia (ASX:CBA) and these ASX shares delivered the strongest results last week…
Frontline CEO Robert Hvide Macleod On Crude Tanker Markets (Podcast Transcript)
As part of the Virtual Tanker Forum, Value Investor's Edge Live hosted Robert Hvide Macleod, CEO of Frontline.Macleod discussed the dynamics of the crude tanker markets, their scrubber installation pr
Alviva shares crash 25% as ICT distribution comes up short
Shares in technology distribution group Alviva Holdings tumbled more than 25% in intraday trading in Johannesburg on Friday after it shocked investors with a profit warning.
Telecom dept orders telcos to clear dues by February 14 midnight
Bharti Airtel offered the Department of Telecom to pay ₹10,000 crore by February 20.
If You Like Fuel Cell Energy, Bloom Energy Might Be The Safer Bet
While FCEL stock is an interesting play, FuelCell Energy reported disappointing Q4 2019 results, making Bloom Energy the safer play.
UK could face ECJ if it fails to apply Irish protocol
The UK can be brought to the European Court of Justice if it fails to carry out checks and controls on goods going from Great Britain to Northern Ireland, EU sources have confirmed.
AITUC terms the Budget as ‘hoax’
Trade unions to stage protests from February 24
Foreign investors in row over Lebanese debt
Ashmore has locked horns with other creditors, including Pimco
US January industrial output falls on weather, Boeing drop
WASHINGTON, Feb 14 — US industrial production fell 0.3 per cent in January as unseasonably warm weather held down the output of utilities and Boeing Co slowed production of civilian aircraft, the Federal Reserve said today. The Fed said manufacturing production fell 0.1 per cent in January,...
U.S. Dollar Rises On Continued Flow Of 'Safe Haven' Money
The recent rise in the value of the US dollar appears to be connected with the flow of risk averse monies seeking a safe haven investment.This is not a new factor for US markets as the country has rec
Dan Loeb’s Third Point Discloses $115M ViacomCBS Stake
The hedge fund also revealed that it cut its holdings in Fox Corp. by more than 37 percent, and acquired a $130 million stake in Amazon.
State apprehensive over Indo-U.S. trade talks
Sunil Kumar writes to Centre seeking safeguards for farmers
Tax service suddenly halts thousands of provisional tax refunds; MPs want explanation
The Tax Authority suspended the provisional tax refund of 124,000 people in January, a significant increase compared to the between 79 thousand and 82 thousand halted in 2017, 2018 and 2019.
US-mediated Nile dam talks fail to produce solution
Ethiopian officials said Friday that negotiations this week in Washington failed to resolve a long-running dispute with Egypt over a massive dam on the...
Adani group, AAI ink pacts for managing three airports
Adani group, AAI ink pacts for managing three airports Mumbai, Feb 14 ( PTI) Adani Group on Friday inked agreements with the Airports Authority of India (AAI) for the management, operations and development of Ahmedabad, Mangaluru and Lucknow airports. "Today, as we sign the concession agreements for Mangaluru, Lucknow & A'bad with the AAI, its the beginning of another historic journey catering to India's exponential airport infra demands," Adani Group chairman Gautam Adani said in a tweet.
What’s It Going to Take for Zillow to Get Back to $150?
Zillow Group’s latest partnership with regional homebuilders could help Z stock and ZG stock get to $150. Here’s why.
Huawei, Meng face new US charges of trade secrets theft
Chinese tech giant Huawei has been hit with fresh US criminal charges alleging a "decades-long" effort to steal trade secrets from American companies.
SC pulls up DoT for non-collection of AGR dues
Airtel to pay ₹10,000 crore by February 20
Asian Defence Spending Increases By More Than 50% In 10 Years, Report Says
The International Institute for Strategic Studies study suggests 2019 saw the largest yearly global defence-spending rise in a decade.
Facebook may have to pay more tax, Zuckerberg accepts
Global cross-border taxation rules are set to be rewritten
EXD: Still Showing Value Compared To The Other Similar Eaton Vance Funds
EXD is still not getting the same love as other Eaton Vance option funds.The strategy switch it embarked on is coming up on being deployed for almost one full year.We are seeing similar returns to its
Huawei, Meng face new US charges of trade secrets theft
The new charges, including a federal racketeering allegation, add to an indictment unsealed in January 2019 that alleged Huawei stole trade secrets from US carrier T-Mobile.
Euro rebounds as U.S. stocks drop, growth concerns remain
NEW YORK — The euro bounced against thegreenback on Friday as U.S. stocks declined from record highs,though concerns about growth in the eurozone are expected tokeep weighing on the single currency.
GoAir appoints Vinay Dube, former Jet Airways chief, as new CEO
In recent weeks the airline has been facing challenge due to delays in deliveries of aircraft and spare engines resulting in cancellation of flights
Plastics tax, carbon-trading cash to cover EU’s Brexit gap, officials say
BRUSSELS, Feb 14 — Top European Union official Charles Michel proposed today filling the Brexit gap in the EU’s next long-term budget with revenue from a new tax on plastics and funds from trading carbon emissions. Presenting a so-called negotiating box, which will form the basis of intense...
Two transatlantic jets divert to Shannon airport due to medical emergencies
Shannon is the country’s busiest airport for aircraft diversions.
Canopy Rivers swings to loss, withdraws guidance on industry headwinds
TORONTO — Canopy Rivers Inc. says it swung to a loss in its third quarter of 2020 and has withdrawn its full-year guidance over multiple headwinds in the cannabis industry. The venture capital arm of Canopy Growth says it had a net loss of $2.
Delta will invest $1 billion to become first carbon-neutral airline
Delta will invest $1 billion over the next decade in an effort to become the world's first carbon-neutral airline, the company announced Friday.
Manufacturing industry still shrinking despite some January growth
The manufacturing industry is off to a sluggish start with the sector in contraction for the second month in a row. The BNZ-Business New Zealand Performance of Manufacturing Index was 49.6 for January, up on December's 49.3. A reading above 50 points to expansion. BNZ senior economist Craig Ebert said despite the figure, it was still a decent outcome. "Very precisely it's a contraction, but in the broad scheme of things it's pretty much stable.
16 workers returning from Iraq after KTR’s efforts
Officials coordinate with Centre on repatriation
US core retail sales unchanged in January
WASHINGTON, Feb 14 — US consumer spending appears to have slowed further in January, with sales at clothing stores declining by the most since 2009, which could raise concerns about the economy’s ability to continue expanding at a moderate pace. The Commerce Department said today retail sales...
'We've been waiting for 12 years': Hundreds of Community Employment supervisors strike over pension rights
They want the incoming government to implement a Labour Court recommendation issued in 2008 that a pension scheme be put in place for them.
Indian Overseas Bank to focus on MSME-lending: CEO
Laying more focus on the MSME segment, Indian Overseas Bank (IOB) will increase its lending to the sector from ₹31,000 crore at present to ₹50,000 crore in a couple of years from now, said a top offi
Textile industry told to diversify to polyester to boost exports
Ravi Capoor, Secretary (Textiles), has urged the industry to diversify to polyester textile products to boost exports.His advice follows the government’s decision to abolish anti-dumping duty on P
FG shares N8.15 trillion with states, others in 2019
N8.15 trillion of the Federation Account distributions was reportedly shared by the Federal, States and Local Governments in 2019.
Street's Most Famous Bear Worries Retail Investors Don't Appreciate Corporate Debt Risk
Albert Edwards gave an interview to Bloomberg this week, and much of the discussion centered around the risks embedded in investment grade debt.There's a ton of nuance to this discussion, and I want t
Quick strategies needed to shift dependency on China
China is Indonesia's largest trading partner, our second-largest supplier and third-largest foreign investor. These three indicators should be more than enough for us to be vigilant and immediately anticipate further adverse impacts.
Modell’s Brings On Advisers Amid Slumping Sales, Online Competition
Modell's Sporting Goods has brought on a trio of advisers with the inclusion of a chief restructuring officer in response to disappointing sales.
Fortis Q3 net loss narrows to Rs 69.32 cr on good show in hospital business
The third quarter of 2019-20 continues to witness earnings growth with margin expansion in the hospitals business
Consumer Sentiment Soars on Improved Optimism and Best Income Gains Since 1960
Consumer sentiment climbed again in early February, moving toward the highest level in 15 years. | Economy
No discounts, no problem: E-wallet users stick around despite less cash back
GoPay has the highest number "organic" users with 54 percent of respondents willing to continue using the e-wallet without promotions. OVO came in second with 29 percent organic users while DANA and LinkAja had 11 percent and 6 percent, respectively.
Momo: Cheap By Any Metric
MOMO is a fast growth, Chinese tech company with a gigantic addressable market that is priced like a value stock.MOMO is cheap compared to other dating app/site companies and other Chinese social medi
Smartlands Looks to Lichtenstein Law for Blockchain based Services, Targets HNWs
Smartlands, a blockchain based Fintech that lays claim to tokenizing the first real estate offering in the UK, says it will revise and expand its legal framewor
Vodafone's India operation on brink of bankruptcy after court ruling
India's Supreme Court has rejected an application to delay the payment of billions of dollars in backdated taxes and penalties that bankrupt Vodafone Idea.
Ramaphosa plan no quick fix for SA’s energy woes
Industry experts are looking for timelines.
Fiscal federalism is need of the hour: KTR
‘Telangana’s growth model ideal for overcoming economic slowdown’
Best-ever January for housing market as mortgages, house sales skyrocket
Turkish house sales jumped 55.8% year-on-year in January, the best-ever start to the year for the housing market, according to a national statistical body...
Best Drill Interceptions In The Metals Mining Sector For The Week Ended February 9, 2020
Walker River with Bonanza grade gold interception in Nevada.Gran Colombia discovers new high-grade gold zone at Marmato in Colombia.Erdene continues to deliver good drill results from its Mongolian pr
Japanese Regulator Blacklists AAFX, Justforex and GlobePro
The Kanto finance bureau of Japan’s Ministry of Finance (MoF) on Friday reminded the public to exercise caution when dealing with affiliates or introducing brokers of unregulated FX companies.
KLM apologizes after airliner crew's coronavirus toilet note sparks outrage in South Korea
KLM, the Dutch arm of Air France KLM , offered a public apology on Friday after a crew member sparked online outrage by posting a sign in Korean ...
Shropshire care specialist awards staff pay rises
A company has decided to smash through the current salaries for care staff and introduce pay rises of up to 55 per cent above minimum wage.
FG to get N245.6bn China loan for section V of East-West road
The Federal Government has applied for N245.6 billion loan ($800m) from the China Exim Bank for the construction of the Section V of the
Government willing to do more beyond Budget to boost growth: Finance Minister Nirmala Sitharaman
The finance minister had similar interactive sessions in Mumbai, Chennai and Kolkata last week.
Duterte promotes local tourism amid COVID-19 scare
President Duterte has urged Filipinos to travel with him around the Philippines amid growing concern over the threat of the coronavirus disease (COVID-19) in the country.
HubSpot: A Growth Stock For The Long Term
Shares of HubSpot rocketed up more than ~7% after the company reported Q4 results and released FY20 guidance.The company is also projecting continued strong ~25% y/y revenue growth in FY20.Perhaps mor
Yamana Gold: Digging Into The FY-2019 Report
Yamana Gold reported FY-2019 production results, meeting both cost and annual production guidance, and is expecting similar operating metrics for FY-2020.The company raised its dividend yet again last
Lonestar Resources: Likely To Be Overwhelmed By Debt Burden And Interest Costs
Lonestar is capable of maintaining production in 2020 while generating a bit of positive cash flow. Its high interest costs prevent it from being able to scale up more though. With debt at 3.9x unhedg
After Top Court's Directive, Indian Govt Asks Telcos to Return Statutory Dues by Midnight
New Delhi (Sputnik): Immediately after the ruling of Indian apex court last year on payment of dues by telecom companies to the government, Vodafone’s global CEO Nick Read said the company’s future in India was doubtful. Even as Read retracted his statement immediately, weeks later his Indian partner and chairman of Vodafone Idea said it may shut.
AGR case: DoT officer who faced SC's wrath issued order after senior's nod
He had issued an order saying no coercive action should be taken to recover Adjusted Gross Revenue (AGR) dues from telecom firms after expiry of the deadline set by the apex court
NTSB releases preliminary report on helicopter crash that killed Kobe Bryant
The NTSB released its preliminary report Friday over the helicopter crash that killed Kobe Bryant, his 13-year-old daughter and seven others on Jan. 26.
Low prices dash hopes of turmeric farmers
Actual price would be decided after the harvest picks up, says trader
MoUs for investment of more than Rs 1 lakh cr are being signed: BS Yediyurappa
Karnataka Chief Minister B S Yediyurappa stated that MoUs for investment of more than Rs one lakh crore at different places in North Karnataka region are being signed. He made the announcement at
Cruise industry shuns Asia, seeking to limit Covid-19 risks
BANGKOK, Feb 14 — The plight of the cruise ship off Japan with more than 200 coronavirus infections and the shunning of another luxury liner by five ports despite no known cases has led to a sharp change in tack for an industry in shock: avoid Asia. To that end, many cruises in the region are...
Vietnam turns away two cruise ships over coronavirus fears
HANOI (Reuters) - Vietnam has denied two cruise ships permission to dock due to fears of coronavirus infections on board, Vietnamese state media and a cruise operator reported on Friday.
Telecom firms told to pay Rs 1.47 lakh crore dues by midnight, hours after SC pulls up government
Airtel has informed the telecom department it will deposit Rs 10,000 crore by February 20, and the remaining amount ‘well before’ March 17, said media reports.
Over $1 million to help Tairawhiti youth into employment - Willie Jackson
Employment Minister Willie Jackson announced today that TairÄwhiti rangatahi will benefit from an investment made by the Government’s He Poutama Rangatahi (HPR) scheme.
Tesco under fire for blocking rival stores opening nearby
Tesco has come under fire for stifling competition in the grocery market for up to 10 years, preventing rivals from opening stores near their own. The competition watchdog said it first approached the country's largest supermarket chain on the issue in 2018 after uncovering evidence it had been stopping landlords from letting property to rivals The Competition and Markets Authority (CMA) said the supermarket may have reduced competition by unlawfully leaning on its landlords not to rent nearby sites to rivals, leaving shoppers worse off. The watchdog stopped short of fining Tesco because it is unable to do so under current rules.
Forex reserves soar to record $473 b
India’s foreign exchange reserves rose by $1.701 billion to a lifetime high of $473 billion in the week to February 7 on account of the increase in foreign currency assets, according to RBI data. In t
S&P 500, Dow little changed amid Covid-19 worries; Nvidia forecast buoys Nasdaq
NEW YORK, Feb 14 — The S&P 500 and the Dow barely moved today, as worries over an economic hit from the coronavirus outbreak refrained investors from making big bets ahead of a long weekend, while gains in Nvidia shares kept the Nasdaq in positive territory. Adding to the downbeat sentiment...
Global defense spending sees biggest jump in 10 years, report says
Global spending on defense rose by 4% in 2019, the largest growth in 10 years, led by big increases in the U.S. and China, a study said Friday. The...
Reports: Real Madrid ready to exchange star midfielder for Manchester United’s Paul Pogba
According to reports, La Liga giants Real Madrid are keen to sell star midfielder Isco to Manchester United, provided they are allowed to sign Paul Pogba in exchange.
Real To Beat Barca To €115m Star?
FC Barcelona are believed to have made a €115 million star their main target for the next transfer window, but Real Madrid have now joined the chase, and have reportedly already offered him a massive contract.
Compensation from Boeing over 737 MAX grounding key to SpiceJet operations
Incentives crucial for its survival as 737 MAX grounding stalls expansion plans
Free delivery, free food and discounts: local eateries fight plunging business amid coronavirus fears, Business Insider - Business Insider Singapore
Business Insider - F&B brands Business Insider spoke to said they were adopting new measures to attract customers, mainly centred around delivery and discounts.. Read more at businessinsider.sg
Two transatlantic jets make emergency landings at Shannon
Flights from Spain and Bahamas both declared medical emergencies on board
Strong will to take Turkish-Pakistani trade, economic ties to new heights
Ankara and Islamabad look to benefit from the increasing trend in recent years and raise their bilateral trade volume to $1 billion in short-term, before eventually increasing it to $5 billion
No quick fix to pipeline protests, Trudeau says, as rail links severed
Prime Minister Justin Trudeau says there are no easy answers to the dispute over a British Columbia pipeline project that has sparked Indigenous protests at vital rail links across Canada.
Asian market helps Manulife and Sun Life in latest quarters
Both companies have offices in Waterloo Region
Abercrombie & Fitch's Restructuring Is Attractive At The Current Price
While searching stocks in the US retail sector, we detected Abercrombie & Fitch fulfills many requirements to increase chances of a successful turnaround.One of them is the clear net cash position, wh
Bitcoin to Form Golden Cross but It Cannot Guarantee a Bull Run
Bitcoin traders are enthusiastic about a textbook technical indicator whose formation could send the asset's prices higher. Dubbed as Golden Cross, the
Tax reform, policy uncertainties to cause oil drop in Nigeria, WoodMac warns
A new report by consultancy firm, Wood Mackenzie, has disclosed that Nigeria’s crucial energy sector could experience a 35% decline in oil output.
Could Micron Stock Run Up to Its 20-Year-Old High Near $97?
MU stock is trying to repeat the breakout it had in 2017. If so, there could be enough upside potential to possibly break a 20-year-old high.
Consulting firms lead recruitment at IIMB
Made 147 offers; overall, 428 students got 518 offers
Africa's wealthiest man, Aliko Dangote, acquires additional shares worth $3.99 million in his Cement business
Africa's wealthiest man, Aliko Dangote, has acquired additional shares worth $3.99 million (N1.45 billion) in his publicly-listed company, Dangote Cement.
ONGC's Dec-quarter PBT halves to Rs 5,998 cr on fall in oil, gas prices
Standalone net profit in the period at Rs 4,152 crore was 49.8 per cent lower than Rs 8,263 crore net profit in the same period of the previous fiscal year
Stock investors say Ramaphosa’s speech was too light on details
Market participants will look for answers in the budget speech.
Numsa vows to appeal after court rejects bid to block SAA job cuts
An application by two trade unions to block job cuts at struggling state-owned airline SAA was rejected by the country's labour court.
As Boeing jets sit idle, Airbus can’t make planes fast enough
The troubles plaguing Boeing after the yearlong grounding of its 737 Max plane have created an unusual opening for its chief rival, Airbus, to swoop in and grab business. There’s just one hitch: Airbus is in no position to benefit.
Southwest's premium business card is offering a record-high welcome bonus of up to 100,000 points, but it won't last long
100,000 points leaves you just 25,000 points shy of qualifying for the Companion Pass. This offer is only available for a limited time, so don't wait.
Dieselgate: VW offers to pay €830m, but talks break down
Volkswagen is facing significant costs five years after its dieselgate scandal after compensation talks collapsed in Germany's largest collective lawsuit.
The big news: Telecom companies told to pay dues to government by midnight, and 9 other top stories
Other headlines: A third Indian on a cruise ship in Japan tested positive for coronavirus, and a parent and teacher were given bail in the Bidar sedition case.
Man City banned from European competition for two seasons by UEFA
MANCHESTER, England (Reuters) - English champions Manchester City have been banned from European competition for the next two seasons and fined 30 million euros ($32.53 million) by European soccer’s governing body UEFA after an investigation into alleged breaches of Financial Fair Play (FFP) rules.
USD/CAD rebounds from session lows, trades above 1.3250
The USD/CAD pair dropped to a daily low of 1.3233 during the early trading hours of the American session but easily erased a large portion of its loss
Yamana Gold: I Stay Bullish After Q4 Report
Yamana Gold reports Q4 2019 results.Higher gold prices lead to significant cash flow generation.Should gold stay at current levels, the company will have the capacity to further increase the dividend
Storm Ciara expected to cost up to £200m in insurance claims
Experts at PwC say Storm Dennis likely to add to damage with 140mm of rain predicted
Flood-affected people threaten agitation over unkept promises
Officers admit that additional amount announced by CM yet to be paid to farmers
Kadant, Inc. (KAI) CEO Jeffrey Powell on Q4 2019 Results - Earnings Call Transcript
Kadant, Inc. (NYSE:KAI) Q4 2019 Earnings Conference Call February 13, 2020, 11:00 ET Company Participants Michael McKenney - EVP & CFO Jeffrey Powell - President, CEO & Director Conference Cal
‘1500’ Lagos-bound passengers stranded in Ghana — four days after flight diversion
About 1,500 Nigerians are stranded in Ghana four days after British Airways, Rwandair, Emirates and Qatar airlines diverted their flights from the Murtala Muhammad International Airport (MMIA) in Lagos to Kotoka International Airport, in Accra.
US Navy seizes Iranian-manufactured missiles in Arabian Sea
It added that the weapons seized were components of Iranian design and manufacture, including three Iranian surface-to-air missiles.
2019 brings first and highest current account surplus since 2001
Turkey achieved a higher-than-expected current account surplus in 2019, its first and highest surplus since 2001, official data showed Friday. Having...
Canopy Growth: Only Faint Positives
Canopy Growth beat consensus estimates for FQ3.The Canadian cannabis company still had a massive free cash flow loss of C$360 million.The stock has a fully diluted market cap of $8.4 billion and FY21
Not Too Sweet? 'Sugar Scandal' Rocks Lukashenka's Belarus
Four top executives in Belarus's once-lucrative sugar industry vanished without a trace. Two weeks later, President Alyaksandr Lukashenka announced they were being held by police on suspicion of masterminding what he suggested was the biggest scam the country has ever seen
Jes Staley’s Jeffrey Epstein issue is just the latest Barclays tangle
Here’s why running this particular British bank is like riding a rollercoaster
DoT's Jan 23 order issued without telecom minister, secy consent: Sources
A senior government official privy to the development said the January 23 order was issued by the DoT without the consent of the telecom minister or DoT secretary
Kraft Heinz Is Still a Mess
Another disappointing earnings report shows that the company's still in disarray.
Ukraine's Zelenskyy urged by Putin to stick to peace plan
Russian President Vladimir Putin on Friday urged Ukrainian leader Volodymyr Zelenskyy to stick to peace agreements to de-escalate the five-year conflict between Kyiv forces and Moscow-backed separatists, the Kremlin said in a blunt statement on Friday.
New Jersey’s American Dream Mall Readies for Its Ultimate Test
Two decades in the making, the American Dream mega-mall is about to open its doors to shoppers. The question is how many will show up.
PSG replace Man City as most financially powerful club: report
French champions Paris St Germain have overtaken Manchester City as the most financially powerful club in world football, the annual Soccerex ...
Netherlands to build capacity of GRA Personnel
news, story, article
SC refuses to extend BS-IV deadline
The Supreme Court on Friday refused to entertain a plea by automobile dealers for permission to sell and register vehicles following the Bharat Stage-IV standard emission norms beyond April 1, 2020.Th
Warren Buffett just lost $1 billion in 2 days after Kraft Heinz disappointed again
Warren Buffett lost more than $US1 billion this week after Kraft Heinz stock plummeted 11% in two days.
Pound-to-Dollar Rate Retreats from Greenback but Charts Point Higher
The British Pound vs the US Dollar: GBP/USD News and Conversion Level for Pounds to Dollars
Angry spanish farmers invade Valencia
Hundreds of tractors brought the coastal city of Valencia to a halt, with tractors also blocking many roads in the southern Andalusia region
German economy flatlines after spending and exports slowdown
GDP growth at 0% for final quarter of 2019 with no upturn forecast in the short term
Irish firm signs €40m deal to supply European and UK markets
An Irish food company has signed a €40m deal with Lidl, which will see it supply its Irish, Eur...
AUD/USD steadies above 0.6700, looks to snap six-week losing streak
The AUD/USD pair is struggling to make a decisive move in either direction on Friday and continues to fluctuate in a relatively tight range above the
Karnataka High Court stays CCI order against Amazon, Flipkart
‘Centre probing FEMA violation charge against e-com giants’
States Reject Opioid Makers’ $18 Billion Settlement Offer
21 U.S. states are rejecting an $18 billion offer by McKesson Corp. and other opioid distributors to resolve nationwide litigation over their handling of the highly addictive painkillers, according to people familiar with the talks.
Bed Bath & Beyond's Meltdown Has Only Just Begun
The retailer’s unexpected fourth-quarter update indicates that things could get much worse before they get any better.
Europe Seeks To Have G20 Tackle Tech Firm Taxation
Europe now wants global financial leaders in the G20 to make taxing digital giants a priority in 2020.
UN experts: North Korea enhances nukes and illicit trade
UNITED NATIONS (AP) — U.N. experts say North Korea has increased imports and exports of banned and restricted goods such as coal and petroleum products as it continues to enhance...
Keep faith in Jagan, Perni tells RTC staff
Minister presents road safety and fuel-efficiency awards
Price Analysis Feb 14: BTC, ETH, XRP, BCH, BSV, LTC, EOS, BNB, XTZ, ADA
A deeper correction may have to wait as many major cryptocurrencies are looking strong and their uptrend is likely to continue.
U.S. January industrial output falls on weather, Boeing drop
WASHINGTON (Reuters) - U.S. industrial production fell 0.3% in January as unseasonably warm weather held down the output of utilities and Boeing Co (BA.N) cut production of civilian aircraft, the Federal Reserve said on Friday.
Z Stock Could Win but the U.S. Might Not
Demographic megatrends presents a massive tailwind for Zillow, but housing affordability is a metric to watch.
Decks cleared for setting up CIPET
The decks have been cleared for setting up the Central Institute of Plastics Engineering and Technology (CIPET) in Dharwad district with Union Chemical and Fertilizer Minister D.V. Sadananda Gowda mak
Finance technology takes lion's share of investment in 2019
Fintech startups worldwide managed to attract over 30% more investments last year compared to 2018, taking the lion's share of investment deals, while fintech startups in Turkey inked 17 investment deals worth $8.4 million
Manipur CM announces state budget estimate of over Rs. 20,000 crore
Biren Singh informed the House that revenue expenditure is estimated at Rs 16,445 crore. As such, the capital outlay is estimated at Rs 3,356 crore, which is an increase of Rs. 397 crore over revised estimates of 2019-20.
JD.com is Still a Better Pick Than Alibaba Stock
Alibaba's China retail business is slowing and it will likely be hit hard by the coronavirus. That makes JD a better pick than Alibaba stock.
Vinay Dube appointed as GoAir CEO
As GoAir CEO, Vinay Dube would be responsible for the management of the airline and also for meeting the goals and long-term growth objectives of the company
Shutdown of CN Rail lines leads to propane shortages in the Maritimes
Businesses and homes across Atlantic Canada are days away from running out of propane as a result of anti-pipeline protests that have cut off rail links across Canada.
GM Scrambles to Shield U.S. Plants From Virus Disruption
General Motors Co. is working to maintain the flow of parts to some of its most profitable U.S. plants to keep them from becoming the next factories idled by the coronavirus spreading in China.
BP Pledges to Go Carbon-Neutral—How Remains an Open Question
The oil major says it will eliminate or offset all its emissions—roughly equal to those of Australia—by 2050
3 High-Growth Stocks That Could Soar
Redfin, PetIQ, and Beyond Meat all have upcoming catalysts to propel their shares higher.
Nearly 100 foreigners denied entry to Bali amid China’s coronavirus travel ban
According to the government’s data, foreigners denied entry into Bali include those from the US, Canada, Australia, Russia and other countries.
Expert: Venezuelan Oil Production Currently at 1945 Levels
The oil-rich nation of Venezuela is producing its lowest output of oil in 75 years, according to professor Rafael Quiroz.
IMF and World Bank say poverty-stricken Somalia is eligible for debt relief
The IMF and World Bank have said that Somalia is eligible for debt relief under the Enhanced Heavily Indebted Poor Countries (HIPC) initiative.
NNPC employs 1,050 out of 60,000 candidates
’Femi Asu The Nigerian National Petroleum Corporation has announced the recruitment of 1,050 graduate trainees. The NNPC said in a statement, on Friday, that it had concluded its 2019/2020 em...
Germany unlikely to stoke stuttering eurozone coffers
Germany entered 2020 with a flatlining economy and manufacturers in distress, leaving it ill prepared for continued trade uncertainty and the new coronavirus threat.
LIC Housing Finance asks 14 developers to seek AIF funding
Experiencing growth in the sector, things will improve: MD
More than 1,500 to be hired for event days at Allegiant Stadium
Representatives of ASM Global and Levy Restaurants told the Community Benefits Plan Oversight Committee about plans to hire more than 55 percent minorities.
This Is How The New Delhi Railway Station Will Be Transformed Under The Redevelopment Programme
Here’s how it will look after the station redevelopment project is complete.
This Stings: Coronavirus Comes for the Fiat 500L
The automaker announced Friday that the plant, home to the unloved Fiat 500L, will be offline until sometime late in the month. If U.S. inventory suffered, would anyone notice?
Textile policy to be rolled out by mid 2020
Mega parks will help country scale, spurring cost effectiveness: Textiles Secretary
Transocean February 2020 Fleet Status Report Analysis
Transocean publishes its new fleet status report.The report contains a number of developments, but most of them have been reported before.There's still absolutely no light at the end of the tunnel for
‘Gangaikondan Food Park announcement is not new’
Industrialists are also upset over government’s failure to invigorate Nanguneri SEZ
Wyndham, the world’s largest hotel brand, has temporarily closed 70% of its hotels in China in response to the coronavirus outbreak
Wyndham Hotels has temporarily closed approximately 1,000, or 70%, of its 1,500 hotels in China in response to the coronavirus outbreak, Wyndham CEO Geoff Ballotti said on an earnings call with investors on Thursday.
Do Not Sell AT&T After The Share Price Rally
In view of the price increases, investors wonder whether AT&T is now overvalued.This question can be approached from different perspectives and the answer depends, as always, on personal strategy.And
Borrow A Boat Returns to Crowdcube With a Mission to Raise 1.5 Million in Funding
Just a little over a year after raising £1,496,600 in funding through its previous Crowdcube round, the self-proclaimed Airbnb for boats, Borrow A Boat, has re
Karnataka is aligned with PM Modi’s$ 5 trillion economy aim: CM
Yediyurappa inaugurates Invest Karnataka-Hubballi Conference
Kraft Heinz downgraded to junk status by Fitch Ratings
Food firm ends up with massive debt load due to deals and jeopardised credit ratings
US Sees Idlib Conflict as Chance to Close Ranks With Turkey, Boost Its Positions in Mid East – Prof
The US regards the Turco-Syrian conflict as a window of opportunity to close ranks with Ankara and project its force in the Balkan-Black Sea and Central Asian directions, says Mehmet Seyfettin Erol, the head of the Ankara Centre for Crisis and Policy Research.
Lakshmi Vilas Bank needs up to ₹2,000 cr. to stay afloat: CEO
Third quarter results kindle hope of raising funds, he says
Davao Del Norte bettor wins over P36 M Lotto 6/42 jackpot
The over P36 million jackpot of Lotto 6/42 was bagged by a lone bettor from Tagum City, Davao Del Norte during Thursday night's draw, the Philippine Charity Sweepstakes Office (PCSO) said.
Special centre for turmeric in Erode welcomed
‘It will help in expanding the area under turmeric cultivation bringing in overall development’
4 signs it's time to switch banks
If you've been with your bank since you were born and never considered switching, it may be time to take a look at your options.
FTSE 100 ends week lower after week AstraZeneca, RBS results
UK blue-chip shares fell for a second day on Friday after AstraZeneca and RBS reported underwhelming results, while investors remained unsettled because of concerns over the impact of the coronavirus outbreak on the global economy.
Paramount Group, Inc. (PGRE) CEO Albert Behler on Q4 2019 Results - Earnings Call Transcript
Paramount Group, Inc. (NYSE:PGRE) Q4 2019 Earnings Conference Call February 13, 2020, 10:00 ET Company Participants Robert Simone - Director, Business Development & IR Albert Behler - Chairman, CE
Delta unveils 10-year plan to become world's 1st carbon-neutral airline
Feb. 14 (UPI) -- Delta Air Lines, the world's second-largest carrier, announced plans Friday to mount an ambitious 10-year strategy during which it will spend at least $1 billion and become the world's first carbon-neutral airline.
Karnataka HC Stays CCI Probe Into Alleged Violation Of Competition Laws By Amazon, Flipkart
The court has asked the respondents in the matter including CCI and CAIT to file their responses within eight weeks.
Pluralsight: Playing The Value Game
Shares of Pluralsight plummeted nearly 10% after reporting fourth-quarter results, despite beating Wall Street estimates on the top and bottom line.Investors mulled an in-line revenue guidance for FY2
Ag markets turn mostly lower Friday
Investors could remain on the sidelines until the March Prospective Planting Report, one analyst says.
33 per cent of us have ended, or would end a relationship because of a partner's debt: Survey
The number one financial reason cited for ending a relationship is a lack of financial honesty, such as hidden debt or purchases
Triton International Limited's (TRTN) CEO Brian Sondey on Q4 2019 Results - Earnings Call Transcript
Triton International Limited (NYSE:TRTN) Q4 2019 Results Earnings Conference Call February 14, 2020, 08:30 AM ET Company Participants John Burns - Chief Financial Officer Brian Sondey - Chairman and C
Amazon axes delivery partners in U.S.; hundreds of jobs cut
An Illinois company that rapidly expanded over the past two years to deliver packages for Amazon.com Inc. is shuttering operations in five states and letting go hundreds of drivers after failing to meet the e-commerce giant’s standards.
After SC's warning, govt orders telcos to clear dues by 11.59 pm tonight
After Supreme Court threatened contempt proceedings against top executives of of Bharti Airtel, Vodafone Idea and other telecom firms, the telecom department on Friday began issuing orders, asking firms to clear past dues immediately. The government has also asked telecom companies to pay their dues by 11.59 pm tonight
Tesco illegally stopped landlords renting out sites near its stores to rivals, a watchdog found
It blocked rivals from opening stores in 23 locations across the UK - including one in Wales
STMicroelectronics Waiting on the IoT
STM stock has risen 85% over the last six months as it beat analyst estimates and predicted continued improvement in 2020
Overwhelming response to Invest Karnataka-Hubballi Conference
As many as 51 memorandums of understanding signed; Rajesh Exports plans to invest ₹ 50,000 crore to manufacture electric vehicles and lithium cells and batteries
Salaries and wages commission develops five-year strategic plan
Ifeanyi Onuba, Abuja The National Salaries Incomes and Wages Commission has developed a five-year strategic plan to enable it achieve its mandate. The Acting Chairman of the Commission, Ekpo ...
Bank accounts of over 200 NDMC employees hacked, money siphoned off in Feb
Though police have received only two complaints of online fraud from the employees, NDMC employees union says more than 200 employees have lost their money after being cheated online
Macy's: Closing Stores Is Only One Piece Of The Puzzle
M is closing 125 stores and cutting 2,000 corporate jobs.Cutting corporate costs is only the first step.M must get more throughput from remaining stores and rapidly grow online sales.Until it arrests
UD cuts pace of budget growth by $10 million, searches for new savings
— University of Dayton leaders say the school remains strong, but it needs to be nimble in facing demographic and population challenges that impact universities in Ohio and beyond.
Play the Contrarian And Buy the Dip in Under Armour Stock
UAA stock plunged on awful fourth quarter numbers from the athletic apparel maker, but the sell-off feels overdone.
Up 60% the Last 6 Months, This Cloud Company Just Boosted Its Growth Prospects
Important new partnerships will materialize over the next few quarters.
Get ready for global economy's dreadful future: Save more, work longer, and expect less
Ultra-low and negative interest rates are taking hold in countries where economic growth has been sluggish.
‘Post Aug.5, J&K banks harassing us’
At least 21 Kashmir-based traders bodies on Friday, in full-page advertisements published in local dailies, accused the banks of harassment and persecution of the families of the borrowers in the name
DBB: Coronavirus Already Priced In
DBB has experienced a tentative rebound since the start of February, after a sharp sell-off of 6% in January.Given the slowing pace of the spread of the coronavirus, macro fears, which surged in Janua
Data Shows Bitcoin’s Progression From Retail To Institutional Asset
As Bitcoin matures, a wider range of investors begins to consider the asset as an investment to add to their portfolios. New data shows exactly how
The Highly Accurate Ethereum Golden Cross is Forming, Is a Major Rally Incoming?
Ethereum's stellar performance of late has seen it gain 113% in the six weeks since the start of the year. This achievement reversed a six-month downtrend
Six-month extension for free parking pilot to be approved
Council bosses are due to give green light to a full calendar year of Free for Three in Paisley
US manufacturing output hit by Boeing troubles, slips 0.1%
Excluding the production of airplanes and parts, factory production rose 0.3%.
Ford Is In The Doghouse.
Ford is once again in trouble after a poor quarter, with the share price back around $8.The dividend is well covered and the stock looks cheap, but investor sentiment is strongly against this name.Inv
City and province sign preliminary agreement to build four transit projects, including Ontario Line
The city and the province have officially signed off on a preliminary agreement that will pave the way for a nearly $30 billion transit expansion plan.
Pakistan has achieved all economic goals, IMF says
--Global financial body says 'govt has made considerable progress in last few months to advance economic reforms' The International Monetary Fund (IMF) on Friday announced that Pakistan
Juno McEnroe: Little choice for Martin but to befriend political nemeses Fine Gael
Mary Lou McDonald was still awaiting her St Valentine's Day letter from Micheál Martin, after her missive to the Fianna Fáil leader suggesting they cosy up together for coalition talks.
Supreme Court orders Indian telcos to pay $13bn or face action
The court has threatened contempt proceedings against the companies and Department of Telecommunications government officials for non-compliance with that ruling.
Irish whiskey sales in US on the up as American spirits exports plunge due to tariffs
It marks an even better year for Irish whiskey than 2018 when US sales topped $1 billion for the first time ever.
These were the 10 biggest European tech stories this week
These were the 10 biggest European tech stories this week
Look to Water Utilities for Steady Growth
The utilities sector has been the No. 2 performer so far this year. And with estimates of up to $1 trillion needed for water infrastructure replacement, it looks poised to grow.
Dr M to announce economic stimulus package on Feb 27
KUALA LUMPUR: Prime Minister Tun Dr Mahathir Mohamad will announce an economic stimulus package on Feb 27 to mitigate the adverse external economic impacts brought about by the Covid-19 outbreak.
Consumer Spending Drives Jan. Retail Sales Boost
News: Retail sales, which are an indication of purchases at restaurants, stores and online, rose a seasonally adjusted 0.3 percent last month from December.
State pawnshop Pegadaian on the lookout for fintech partners to develop digital financing
Pegadaian president director Kuswiyoto said on Thursday that the partnership with fintech operators was expected to further develop services the company provide in the Pegadaian Digital mobile apps.
Don’t let the coronavirus scare have you turning bearish on equities
The economic fallout with be transitory in nature
Amazon, Flipkart seek rollback of new Indian tax on online sellers
NEW DELHI (Reuters) - Amazon and Walmart’s Flipkart are among online retailers demanding that India scale back a proposed tax on third-party sellers on their platforms, saying the burden of compliance will hurt the fledgling industry, according to documents seen by Reuters.
Cisco Remains Big Tech Laggard
Fiscal Q2 continues top/bottom line beat trend.Guidance in-line with expectations down meaningfully.Dividend raised by a penny.
No talks on opening up poultry and dairy markets to US companies: Govt
International media reports on Thursday suggested that India had finally allowed market access to chicken legs from the US
Irish homeowners with €300k mortgage paying €229 more a month than euro area average
Irish homeowners with a €300k mortgage being repaid over 30 years are paying €229 more a month than their euro area counterparts, according to figures released today by the Brokers Ireland group.
Virgin Galactic's record-breaking week doesn't stop short-sellers
Richard Branson’s Virgin Galactic Holdings Inc. may close at another record on Friday after hitting new highs every day this week, but bearish bets are climbing too.
After SC rap, DoT withdraws order seeking no coercive action against defaulting telcos
The department's move came after the Supreme Court directed the managing directors and directors of telcos and other firms to explain why contempt action be not taken against them.
Rand firmer after Ramaphosa’s speech, stocks flat
South Africa’s rand firmed on Friday after President Cyril Ramaphosa set out brief plans to stimulate economic growth during his state of the nation address, although his speech was short on specifics and timeframes.
Airbus fined €3.6bn for global bribery scandal
One of Bristol's biggest firms used bribes to stack the decks in its favour and win contracts around the globe
German economy stagnates as eurozone growth reaches 7-year low
Germany, Europe’s largest economy, has recorded a zero growth between October and December, as manufacturing remained in a slump and exports fell.
PMO to banks: NCLT cannot be escape route, refer only NPAs of over ₹200 cr
Move to prevent closure of firms and job losses
3 of the best ASX dividend shares to buy next week
Why I think income investors should buy Telstra Corporation Ltd (ASX:TLS) and these ASX dividend shares next week
Not Time To Buy KLX Energy Services Holdings
Telling a story about a wealthy CEO and cyclicality is not enough to overcome facts on the ground.The entire oilfield sector faces real headwinds well into the future.Ongoing losses mean this company
Energoatom generates 7.8 bln kWh of electricity in Jan 2020
The company's power plants sold 7.375 billion kWh of electricity over the period under review.
Calgary's housing market shows growing strength
The market is in better shape than you might think.The latest housing market update from the City of Calgary points to improving economic conditions that put Calgary’s housing market in balan…
Amazon Prepares to Launch (Another) Grocery Store Chain
The e-commerce giant is trying something different that's ... sort of ordinary.
After J&K visit, EU wants India to lift remaining restrictions swiftly
Noting the "positive steps" initiated by the union government to restore normalcy in the region, the EU spokesperson said the visit presented a "welcome opportunity" to see the situation on the ground and to interact with local interlocutors in Jammu and Kashmir.
Bharti to make ₹10,000 cr. part payment in AGR dues by Feb. 20
Promises to clear remaining dues ‘well before’ March 17, the date of next hearing
NEITI: Recurrent expenditure of 21 states higher than their FAAC allocations
A new report published by NEITI has shown that the recurrent expenditure of 21 states is higher than their FAAC disbursements
SpiceJet gets ‘interim offer’ from Boeing
Claims ₹537 cr. citing grounded craft
Tourism sector hits lean patch
It is a seasonal phase; most families do not venture out as it is exam time
MTUC takes Kulasegaran to task over remarks against Solomon
KUALA LUMPUR: The Malaysian Trade Union Congress (MTUC) has taken Human Resources Minister M. Kulasegaran to task over the latter's remarks against the congress’ secretary-general, J. Solomon.
PAL, Cebu Pacific, AirAsia resume flights to Taiwan after gov't lifts travel ban
(UPDATED) Check the list of flights here
Dip In TrustCo Bank's Price Provides Opportunity
Earnings are expected to be unchanged in 2020 due to flat growth in net-interest income. Further, increase in non-interest income is likely to be countered by provisions charge.Quarterly dividend is e
'Money mules' arrested
Investigators have arrested an Ontario-based married couple accused of acting as "money mules" in the Canada Revenue Agency phone-and-internet scam, Mounties announced Friday, hailing the move as a significant development in their ongoing fight against the widespread scheme.
Driver snared in undercover sting at Liverpool vs Barcelona game
He wasn't celebrating the Reds winning 4-0 and getting to the final
Europe wants G20 to make taxing digital giants top priority this year
BRUSSELS (Reuters) - Europe wants the world’s financial leaders to make it their top priority this year to reach a deal on global rules for taxing digital giants like Google (GOOGL.O), Amazon (AMZN.O) and Facebook (FB.O), a document showed.
Miami and Atlanta are more vulnerable to aftershocks from WeWork’s woes than cities like New York and San Francisco
Cities most vulnerable to a pullback in the office-share craze sparked by the rise of WeWork aren’t New York and San Francisco, according to a new DBRS...
AutoNation - 2020 Is Shaping Up To Be A Good Year
AutoNation not only easily beat Q4/2019 earnings expectations, but was able to report strength across the board.The company saw higher margins, strong same-store sales and expects this to continue due
CBDT notifies forms for firms to avail lower corporate taxes
The income tax (I-T) department has notified forms for companies to avail the reduced corporate tax rates that were announced in September last year. The Central Board of Direct Taxes (CBDT) has
Motorists to pay more for fuel
Super petrol and diesel prices go up Sh2.67 and Sh2.13 respectively.
Delta to invest $1 billion to curb global air travel's climate impact
CHICAGO (Reuters) - Delta Air Lines Inc said on Friday it will invest $1 billion over the next decade in initiatives that would limit the impact of global air travel on the environment, the first airline to make a commitment of that scale.
Open to tweaking Budget to address concerns of the industry, says FM
Finance ministry to come out with detailed rules on Vivad Se Vishwas Bill in a couple of days
Canopy Growth shares surge after reporting smaller-than-expected loss
To pacify investors impatient for profits, Canopy and its rivals started the year by announcing a wide range of cost reductions
When is the UK Budget 2020?
The UK Budget 2020 is due next month but after the shock resignation of Sajid Javid this week the government may be forced to delay the date.
7 Micro-Cap Stocks That Could Double
Hidden micro-cap gems are hard to find, unless investors screen for value and strong revenue growth.
Enbridge raises bets on U.S. Gulf Coast LNG, reports higher Q4 earnings
Calgary-based Enbridge Inc. is raising its bets on the growing liquefied natural gas export sector on the U.S. Gulf Coast by buying the pipeline that would supply the proposed Rio Grande LNG export facility.
Bitcoin Rally Stalls, Bullish Recovery Depends On These Levels
Analyst Josh Rager has identified price points that could determine the movement of Bitcoin over the next few days. Bitcoin Price Hangs in the Balance
3 Stocks That Will Only Break Your Heart
A display chip designer, electric-car maker, and space travel upstart are hot names this year, but they could cool down at this point.
Belarus to Russia: We'll siphon off your transit oil to Europe if necessary
MINSK — Belarus threatened to siphon off oil from Russia’s transit pipeline to Europe unless Moscow restarted crude supplies and accused the Kremlin on Friday of using energy prices as leverage to try to swallow up its former Soviet neighbor.
BusinessLine wins ANMI award
The Hindu BusinessLine won an award in the “Most Diversified Coverage-Newspaper” category at a ceremony organised by the Association of National Exchanges Members of India (ANMI) in New Delhi on Frida
Karnataka HC grants interim stay on CCI probe against Amazon, Flipkart
The order was delivered by Justice PS Dinesh Kumar on a petition filed by Amazon, seeking interim stay on the CCI probe order, after hearing the matter over the past three days
AT&T: When The Market Crashes
AT&T's 5.5% dividend yield is compelling, and the payments keep growing, but what happens when the market crashes?This article reviews the health of the business, valuation, risks, dividend safety, an
Coronavirus checks carried out at Felixstowe Port
Felixstowe port authorities have screened people on vessels to ensure no-one has been infected with coronavirus.
Delhi presses for victory
Rajasthan finishes day three on 128 for two after being asked to follow-on
Belarus leader says Russia insists on merging the two states
The president of Belarus said Friday that Russia insisted on merging the two states during last week's talks on further integrating the countries' economies.
South Scotland MSP calls for government crunch talks on the state of Ayrshire transport
Brian Whittle has called on the Scottish Government to get serious about improving the area’s road and rail links.
Alstom executive investigated over Italian train crash
ROME (Reuters) - Italian prosecutors have placed a senior executive of engineering group Alstom under investigation after a deadly high-speed train derailment in the northern Italian region of Lodi last week.
Exports contract for sixth straight month, trade deficit shoots up
While imports contracted by 0.7 per cent, the rate of fall was significantly lower than the 8.9 per cent contraction in inbound trade seen in December
CREA reports home sales up 11.5 per cent compared with a year earlier
OTTAWA — The Canadian Real Estate Association says home sales rose 11.5 per cent in January compared with a year earlier to reach the highest sales figures for the month in 12 years, even as new listings remain constrained.
7 U.S. Stocks to Buy on Coronavirus Weakness
As bad it is, the coronavirus is a short-term problem. It will pass, and when it does, these beaten-up stocks will rebound in a big way.
Glencore secures five-year deal to supply cobalt to Samsung SDI
(This Feb. 10 story corrects to change title of initiative in paragraph 6)
Proposal on structure of Department of Military Affairs sent to Defence Ministry
In addition to the CDS at the helm, the proposed DMA will have a Secretary, Transformation and Coordination, which will be the Chief of Integrated Defence Staff, an Additional Secretary and five Joint Secretaries.
Australia's First Hospital's Construction Was Paid for Exclusively through Rum Sales
In the early 1800s, Australia was faced with a lack of infrastructure, so one British general hatched an interesting idea to pay for the country's first hospital.
Biz EOD: No relief for telcos in AGR row; WPI inflation worst in 8 months; CCI defends probe against Amazon
Catch top stories from the world of business and economy with BusinessToday.In's end of day report
Sainsbury’s Introduces New C-Store Format; SHOWFIELDS To Open In Miami
Sainsbury's unveiled a new c-store format in London called On The Go, and used data to create the Mansion House store to meet the needs of busy city workers.
BlackRock Becomes a Symbol for Anticapitalist Fervor in France
Suspicions that the Wall Street giant sought to influence President Macron’s overhaul of the nation’s pension system have made the company a target of protesters.
Coronavirus empties exhibition halls, but over time the show will go on
LONDON (Reuters) - When Victoria Beckham sends her models down the London catwalk on Sunday, many of her most important clients will not be sitting in the front row but following from afar as the coronavirus outbreak hobbles international events.
So you want to buy an election?
A short list of things Mike Bloomberg could buy with his campaign money that would improve his election prospects
The Highly Accurate Ethereum Golden Cross is Forming, Is a Major Rally Incoming?
Ethereum's stellar performance of late has seen it gain 113% in the six weeks since the start of the year. This achievement reversed a six-month downtrend
Risks Remain, but Amarin Stock Is a Buy at Today’s Prices
With the competition floundering, Amarin stock could soar if Vascepa lives up to expectations. There's plenty of upside left on the table.
3 months without mailboxes
After thefts from the mailbox at a West Kelowna mobile home park last year, the more than 100 residents have been forced to drive to Kelowna to get their mail for the past three months – with no solution in sight.
Direct flights to Turkish occupied Cyprus possible after a resolution of Cyprus issue
Greek City Times Article
Chinese Stocks Rise for 7th Consecutive Day Amid Coronavirus Infection
Chinese stocks rose for a seventh day on Wednesday, coinciding with the continuous decline in new confirmed cases of novel coronavirus infection for eight days on the Chinese mainland outside Hubei province. The development signaled an easing of investors' concerns over the viral outbreak's negative impact on economic growth, according to analysts.
Vodafone’s India venture on brink of collapse after court ruling
Decision means telecoms company must pay billions of dollars in fees by next month
SONA 2020: Ramaphosa is a lame duck, says FFPlus
FFPlus leader Pieter Groenewald called President Cyril Ramaphosa a "lame duck" following his State of the Nation Address.
Pipeline protests expected today, governments to meet with First Nations
VICTORIA — Anti-pipeline protests that have severed vital freight and passenger rail links across Canada could heat up today, with the added threat of activists planning to shut down government offices in British Columbia’s capital. Protests continue as political leaders look to negotiate solutions, while business leaders, opposition politicians and ordinary people call for immediate action to end the disruptions, which …
“Stay Alert” Call To Business As Coronavirus Impacts Spread Across NZ Economy
Auckland Business Chamber head Michael Barnett said the plight of the education sector and its impact on many NZ communities was acknowledged.
Adani Enterprises hits 52-week high after it signs agreement with AAI
The stock rallied for the ninth straight day, up 17 per cent, against 3 per cent rise in the S&P BSE Sensex during the period.
Our real estate biz not dependent on govt reforms & we continue to do well: Adi Godrej
Adi Godrej, Chairman, Godrej Industries, says the last two years have been record years for Godrej Properties. The chemical business is doing well while the consumer company is under a little pressure as peoples purchasing power has come down.
Court rejects unions' bid to block SAA job cuts
A bid by two trade unions to block job cuts at South African Airways was rejected by the country’s labour court on Friday.
Supreme Court orders telcos to clear AGR dues by Mar 17, threatens contempt
The Supreme Court on Friday said the companies and the federal Department of Telecommunications (DoT) were liable for contempt of court
J. C. Penney Needs To Do Significantly Better Than Department Store Peers
J. C. Penney's Analyst Day is scheduled for April 7 and it is expected to provide a three-year financial outlook then.This outlook is constrained by the need to reach certain targets by 2022 in order
Paul Pogba wants to leave but Manchester United want €100m
Juventus and Real Madrid are both interested but will not pay such a high fee
Samsung's jailed union-busting chairman steps down
Lee Sang-hoon was sentenced to 18 months in prison for sabotaging union activities.
Zuckerberg accepts Facebook may pay more tax in different places - Politico
MUNICH — Facebook Chief Executive Mark Zuckerberg accepts that global tax reforms mean the social networking giant may have to pay more taxes in different countries, Politico reported, citing excerpts of a speech he is due to give on Saturday.
Asian shares aim for second week of gains amid virus scare
Global shares eased on Friday, as investors were spooked by a sharp rise in the number of coronavirus cases in China this week while oil prices ...
AGR-hit Vodafone Idea postpones Q3 conference call with analysts
The Supreme Court on Friday directed the top echelons of telecom firms to explain why contempt action should not be taken against them for non-compliance of its AGR order
Is COVID-19 a 'black swan'?
The Chernobyl disaster played a big part in making the Soviet public ripe for regime change. Could the coronavirus have a similar effect in China?
SpiceJet Q3 profit rises to Rs 73.2 cr, operational revenue up by 47%
"This profit is after a non-cash forex charge on account of Ind AS 116 of Rs 75.9 crore without which the profit would have been Rs 149.1 crore," SpiceJet said in a release.
Barcelona identify Mallorca star Ante Budimir to solve striker injury crisis
Luis Suarez and Ousmane Dembele have been ruled out until the end of the season and the La Liga giants are now lacking options going forward
LYFT (NASDAQ:LYFT) Given “Buy” Rating at JMP Securities
JMP Securities reissued their buy rating on shares of LYFT (NASDAQ:LYFT) in a report published on Monday morning, TipRanks reports. The firm currently has a $88.00 price target on the ride-sharing company’s stock. Other research analysts have also recently issued research reports about the stock. Wolfe Research upgraded shares of LYFT from an underperform rating […]
SC allows Karti Chidambaram to travel to UK, France
A bench headed by Chief Justice S A Bobde permitted Karti Chidambaram to travel abroad from February 14 to 28 subject to compliance of conditions imposed earlier.
GBP/JPY Price Analysis: Faces rejection near two-month old descending trend-line
The GBP/JPY cross failed to capitalize on the previous session's goodish intraday positive move and witnessed a modest pullback during the early Europ
European shares hit record even as coronavirus shows no signs of peaking
Stock markets across the world ticked higher on Friday, even as investors debated whether China's coronavirus outbreak would cause long-lasting ...
Sensex rises over 200 pts; Nifty above 12,200
According to traders, domestic equities advanced tracking significant foreign fund inflow ahead of the release of wholesale inflation data.
Jetstar ground crew set for 24-hour strike
Jetstar passengers are set to face major disruptions around the country in the coming days as baggage handlers and ground crew plan a 24-hour strike over Jetstar baggage handlers and ground crew are set for a 24-hour strike over the Australian budget airline's current employment proposal.
The Perils Of Late-Cycle Investing
It may well be that structured credit hedge funds constitute a sensible vehicle for riding the remaining bucks of the late bull and surviving the downturn when it arrives.Structured credit hedge funds
Peakwork brings new booking option for ancillary services into dynamic packaging
DUSSELDORF - With Peakwork, travelers can now reserve a seat directly when booking a dynamic flight+hotel package. Within the booking process, the aircraft seating plan is displayed on the checkout page of the travel portal and the preferred seat can be selected. Upselling additional services is becoming increasingly important for airlines. Peakwork is now meeting this requirement with the extended integration of additional services within the dynamic packaging process. The new seat selection functionality complements the existing ability to book individual
The Guestbook releases new White Paper, "Metasearch, What to Know Before You Bid"
LOS ANGELES - Rewards program for independent and boutique hotels, The Guestbook, announces the release of a new white paper, entitled "Metasearch, What to Know Before You Bid." This enlightening new white paper examines the many ways independent hotels are turning to new search tools to improve direct bookings and conversion rates, examining the rise of metasearch and how hotels can use it to their advantage. The booking journey continues to evolve, with a survey finding 94.4 percent of consumers reported
Bitcoin Daily: US Treasury’s Mnuchin Says ‘Significant’ New Crypto Rules In Works; Spain’s FC Barcelona To Create Team Token
U.S. Secretary of the Treasury Steven Mnuchin said that the federal government would be rolling out new regulations regarding cryptocurrency soon.
German economy stagnated in fourth quarter
FRANKFURT — Growth ground to a halt at the end of the year in Germany, Europe’s largest economy, as manufacturing remained in a slump and exports fell. The figure underlines the challenge facing the eurozone.
Wells Fargo invests in crypto monitoring firm Elliptic
San Francisco-based banking giant Wells Fargo has invested US$5 million in British startup Elliptic, a provider of risk management systems for the cryptocurrency sector. The investment came from Wells Fargo Strategic Capital, the venture unit of the fourth-largest US bank by assets, as an extension of Elliptic’s US$23 million Series B funding round announced in…
New regulator rules to save mobile, broadband and TV customers £1bn on bills
New Ofcom rules set to come into effect from tomorrow could save millions of customers up to £1bn a year on landline, broadband, TV and mobile packages.
The Australian Dollar Cheers RBA's Optimism but Virus Concerns Tipped to Weigh
The Pound vs Australian Dollar: Latest GBP/AUD Forecasts, News and Analysis
Jes Staley: Inside Barclays CEO’s Links With Jeffrey Epstein
It emerged on Thursday that British regulators are probing the chief executive of Barclays –one the country’s largest banks – over his relationship with the disgraced millionaire Jeffrey Epstein, who has been accused of trafficking hundreds of young women and underage girls for sex.
Myntra names its new chief technology officer
Flipkart and Myntra together control about 70% of the online fashion market share in the country. According to Myntras new CTO Raghu Krishnananda, fashion ecommerce penetration is expected to reach 15% of the total fashion spend in the country in 2020.
The best places to buy a home if you're single
A new ranking has revealed affordable spots in each region.
Bailed-out RBS to rebrand as NatWest
Royal Bank of Scotland is calling time on its recent checkered past, rebranding as NatWest and setting out new goals to become a 'purpose-led bank' focused on enterprise, learning and climate.
Euro skids to new low ahead of GDP data, dollar shines
LONDON, Feb 14 — The euro eased to another nearly three-year low today as investors worried about slowing growth momentum in the euro zone ahead of an estimate of how its economy performed in the fourth quarter. The European single currency has lost 1 per cent so far this week and is on track for...
How Greyhound Bus Makes Fraudsters Play Fare
The Merchant Fraud Decisioning Playbook examines new fraud threats against merchants and how businesses, payment providers and security players are responding.
Arvind Kejriwal invites PM Modi for his swearing-in ceremony on Sunday
A letter was sent to the prime minister on Friday morning. All seven Delhi MPs and eight newly elected BJP MLAs have also been invited for the oath-taking ceremony
People With 1 Job Skill on Their LinkedIn Profile Get Hired at Faster Rates
LinkedIn found job seekers who had this skill got hired at the highest rates.
Gold in search of a firm direction, stuck in a range around $1575 region
Gold lacked any firm directional bias and oscillated in a narrow trading band around the $1575 region through the early European session on Friday. A
PM Modi Pays Tribute To Sushma Swaraj, Says 'She Had Great Dreams For Our Nation'
Prime Minister Narendra Modi on Friday paid his tribute to late former External Affairs Minister Sushma Swaraj on the day of her birth anniversary.
SpiceJet soars 10% on 21% YoY rise in net profit; B737 may return this year
On the operational front, Passenger Load Factor came in at 91.9 per cent in Q3, with the fleet size growing to 119 aircraft as on December 31, 2019.
Barcelona identify Mallorca star Ante Budimir to solve striker injury crisis
Luis Suarez and Ousmane Dembele have been ruled out until the end of the season and the La Liga giants are now lacking options going forward
Ahead of Trump's visit, govt offers to import US dairy, chicken to seal elusive trade deal
India, the world's largest milk-producing nation, has traditionally restricted dairy imports to protect the livelihoods of 80 million rural households involved in the industry
India offers U.S. dairy, chicken access in bid for elusive trade deal with Trump
Dykes said the U.S. dairy industry was looking for access in viable commercial quantities.
Top NMC shareholder Muhairi quits board amid turmoil
Abu Dhabi-based healthcare group has faced turbulent time since report questioning finances
Facebook’s Zuckerberg wants ‘new framework’ for digital tax
Facebook founder and CEO Mark Zuckerberg on Friday backed moves by the OECD group of free-market economies to reform the way online giants are taxed worldwide, even if that means companies like his...
Ramaphosa plan is no quick fix for South Africa’s energy woes
President Cyril Ramaphosa’s plans to overhaul the energy industry have some way to go before they provide answers to the nation’s crippling power shortages.
After Lawrence Wong announces ‘strong package’ in Budget 2020, netizens respond with wishlist
After Lawrence Wong announces ‘strong package’ in Budget 2020, netizens respond with wishlist
Factbox: Coronavirus forces delay of trade fairs and conferences
Factbox: Coronavirus forces delay of trade fairs and conferences.
Factbox: Countries evacuating nationals from China coronavirus areas
(Reuters) - A growing number of countries around the world are evacuating or planning to evacuate diplomatic staff and citizens from parts of China hit by the new coronavirus.
Market LIVE: After SC AGR order on modification pleas by telcos, RIL, Airtel gain, Vodafone Idea falls
Share Market News Today | Sensex, Nifty, Share Prices LIVE: Bharti Airtel was the top gainer, up 3.54 per cent, followed by Bajaj-Auto, RIL and Sun Pharma. On the flip IndusInd Bank was the top loser.
EUR/USD depressed near 1.0830 ahead of EMU data
After bottoming out (and printing fresh 2020 lows) in the 1.0830/25 band, EUR/USD has managed to regain some poise, trim part of the daily losses and
FTSE 100 CAPE Valuation And Long-Term Forecast
Over the last 30 or so years, the FTSE 100's CAPE ratio has averaged 18.4. The current value of 15.6 is obviously below that, so the FTSE 100 is cheap, right?Looking at CAPE data for multiple indices
Royal Bank of Scotland Group changing name to NatWest Group plc as most customers are in England
THE Royal Bank of Scotland Group announced it was renaming itself NatWest – as most customers are south of the border. The rebranding of the Edinburgh-based plc after 51 years is the first ma…
India offers to open up poultry, dairy markets for trade deal with Trump
India, the world's largest milk-producing nation, has traditionally restricted dairy imports to protect the livelihoods of 80 million rural households involved in the industry
STR: U.S. hotel construction up 6.8% in January
HENDERSONVILLE, TENNESSEE - STR's hotel pipeline data for the U.S. showed 1,615 projects accounting for 208,807 rooms in construction as of the end of January 2020. This represented a 6.8% year-over-year increase in the number of rooms in the final phase of the development pipeline. “The industry is now up to more than 208,000 rooms in construction, which is as close as the country has come to the prior end-of-month peak of 211,700 in December 2007,” said Bobby Bowers, STR’s senior
Coronavirus travel setback spreads beyond China
According to travel analytics company ForwardKeys, the travel setback caused by the coronavirus outbreak has now spread beyond China, with other parts of the Asia Pacific region experiencing a 10.5% slowdown in outbound travel bookings for March and April, excluding trips to and from China and Hong Kong. As of 9th February, the setback looks likely to be most marked in North East Asia, where outbound bookings for March & April, are 17.1% behind where they were at the equivalent moment
Price of surgical mask may go up by P2-P4 per piece
The Department of Trade and Industry (DTI) may allow stores and pharmacies to sell surgical masks at higher prices due to the increasing cost of raw materials here and abroad amid the novel coronavirus (Covid-19) outbreak.
The OCR Should Be Cut
The Reserve Bank Monetary Policy Committee releases its next Monetary Policy Statement and Official Cash Rate (OCR) decision next Wednesday – the first we’ve heard from them since November.
Mexico: Banxico changes style as cut rates – TDS
Banxico has substantially changed the style of its monetary policy decision statements. February’s rate cut has introduced somewhat more hawkish eleme
Bangalorean Navy officer to take over as Fleet Commander of Western Fleet
Rear Admiral Krishna Swaminathan, a Bangalorean and alumni of Bishop Cotton Boys School, on Friday has taken over as the fleet commander of the Western Fleet, the sword arm of the Indian Navy. Apart
Shares step back as hopes of early end to coronavirus fade
Global shares eased on Friday, as investors were spooked by a sharp rise in the number of coronavirus cases in China this week while oil prices ...
AfDB refutes World Bank President’s remarks on Africa’s debt profile
The AfDB responds to World Bank President's David Malpass recent remarks about multilateral development banks contributing to Africa’s debt profile.
Sarb moves to sell stake in African Bank
Sarb sees the disposal process being completed within 18–24 months after a suitable buyer is identified.
February 2020 week three fuel price – petrol, diesel up
It's Friday, so time again for the weekly fuel price update, and the coming week will see the price of all fuels going up. In the case of RON 95 petrol,
Samsung's jailed board chairman quits
SEOUL (Reuters) - Samsung Electronics’ (005930.KS) board Chairman Lee Sang-hoon, who was convicted and jailed for sabotaging union activities, has resigned from the South Korean company, it said on Friday.
Paul Pogba hopes for summer exit but Manchester United want €100m
Paul Pogba wants to leave Manchester United at the end of the season but his chances of moving could be hampered by the club setting an asking price of around €100m
Reuters: Oil prices stabilize, set for weekly gain on hopes for supply cut
The Organization of the Petroleum Exporting Countries and its allied producers are considering cutting output by up to 2.3 million barrels per day.
Risk of duopoly in telecom sector higher than before: Analyst
The room for manoeuvre is now very less for operators. The situation is particularly grave for Voda Idea.
The numbers that could reward the RBA's optimism
Upbeat company profit results, better readings from consumers and another record sharemarket high are backing the Reserve Bank's optimistic view on the economy.
S&P affirms India's rating at 'BBB-' with stable outlook
Fiscal deficits have exceeded the government's plan, S&P said, adding it expects limited consolidation over the next few years.
CGS-CIMB launches online trading platform for retail investors
With the launch of an online trading platform, PT CGS-CIMB Sekuritas Indonesia hopes to get more individuals to invest in Indonesia's stock market.
Ramaphosa unveils overhaul of South African energy industry
The government will invite private companies to submit bids to supply additional renewable energy to the grid.
HQ Trivia, the Once-Popular Mobile Game, Is Shutting Down
CNN Business has learned that the once-popular live mobile trivia game "HQ Trivia" is shutting down. From the report: When HQ launched in 2017, its first game HQ Trivia quickly attracted millions of people across the world who stopped whatever they were doing twice a day to play the game on their s...
Indo-US Relationship 'most Transformational' In Current Era: Ambassador Sandhu
The relationship between India and the United States – the two largest democracies of the world – is seen as the most transformational one in the current era, New Delhi's top envoy to the US has said.
TSMC becomes first Taiwan individual stock added to Global Islamic Indexes
Taiwan’s semiconductor manufacturing giant expects more business opportunities from Middle East
Chips are down as Toshiba logs ¥145.63 billion loss for April-December
Toshiba Corp. said Friday it posted a group net loss of ¥145.63 billion ($1.32 billion) in the April-December period due to the sluggish performance of its
Report: PSG replace Man City as most financially powerful club
PARIS, Feb 14 — French champions Paris St Germain have overtaken Manchester City as the most financially powerful club in world football, the annual Soccerex Football Finance 100 report showed. PSG topped the 2020 edition with a football finance index score of 5.318, which is based on the value...
Frankfurt University of Applied Sciences and BARIG are partners
FRANKFURT AM MAIN - The Frankfurt University of Applied Sciences (Frankfurt UAS) and the Board of Airline Representatives in Germany (BARIG) are now partners. As BARIG’s first “Academic Partnership,” this cooperation is particularly beneficial to the part-time MBA Aviation and Tourism Management program at Frankfurt UAS. "We are very pleased about the partnership with Frankfurt UAS, which is one of the six largest universities for applied sciences in Germany," BARIG Secretary General Michael Hoppe comments. "It of utmost importance to us
Warren Buffett loves using Valentine's Day to explain why See's Candies is his 'dream business'
Warren Buffett loves using Valentine’s Day to explain why See’s Candies is his “dream business.“
Vodafone faces potential collapse after SC orders telecom firms to pay Rs 1.47 lakh crore in a month
Shares of Vodafone Idea tanked on Friday following the Supreme Court verdict. It plunged 16.67% to Rs 3.75 around 2.30 pm.
BOE’s Carney sees silver lining after Brexit hit to UK economy
The outgoing Bank of England (BOE) Governor Mark Carney warned over the economic risks of the UK leaving the European Union (EU), in an exclusive inte
Pipeline protests expected today, governments to meet with First Nations
VICTORIA — Anti-pipeline protests that have severed vital freight and passenger rail links across Canada could heat up today, with the added threat of activists planning to shut down government offices in British Columbia's capital.
Despite swelling revenue deficit, Tamil Nadu presents a tax-free Budget
Drop in Centre’s share causes strain
SC rejects plea by telecom operators seeking more time to settle AGR dues
The Supreme Court on Friday rejected a plea by incumbent telecom operators seeking more time to settle Adjusted Gross Revenue (AGR) dues and has asked the companies to deposit dues by March 17. It wil
AGR dues: Risk of duopoly in telecom higher than before, says analyst
Most of the remaining liability is with state-owned BSNL/MTNL and some of the shut/bankrupt telecom companies
India’s Top Court Rebukes Telcos for Default of Dues to Govt
New Delhi (Sputnik): Last year, Vodafone’s global CEO Nick Read said the company’s future in India was in doubt following a court ruling in a tax dispute with the government.
New Digi users can soon get the Samsung Galaxy S20 with RM0 upfront
After we’ve posted about the Samsung Galaxy S20 pre-order offer from Digi, the yellow telco has reached out to us to clarify on the hefty advance payment requirement. In our original post, we highlighted that Digi’s PhoneFreedom 365 instalment plan is demanding an upfront payment of over RM3,000 for new customers despite promising RM0 upfront as one of its key highlights.
Santa Barbara Airport Gets Record Passengers for 2019
The airlines serving Santa Barbara Airport (SBA) have completed their passenger reporting for 2019 and confirm that the Airport has broken all-time records for passenger traffic for calendar year 2019. Still, the Airport’s numbers would have been even higher – exceeding one million passengers – if the Airport had not been closed for 18 hours on August 25, 2019 after a private C-130 aircraft crashed on the main runway, cancelling all flights.
Judge grants Amazon bid to pause Pentagon's JEDI cloud contract
After claims deal reflected undue influence by President Trump.
India's curbs on Malaysian palm imports disrupts global edible oil trade
Malaysia's latest palm export data revealed the impact of India's restrictions, with shipments to India in January falling 85% from a year earlier to 46,876 tonnes, the lowest since 2011
Cryptocurrency Boosts Illicit Gambling on Asian Soccer Leagues
Cryptocurrency has purportedly helped to increase illegal gambling activity on soccer across the Asian continent.
Analyzing The Safety Of Goodyear's 5.4% Yielding Dividend
Goodyear Tire & Rubber has had a tough year with earnings contracting, and shares losing roughly half of their value.The company's dividend now yields 5.4% and is currently viable despite the near-ter
Pipeline protests expected to continue, governments to meet with First Nations
Anti-pipeline protests that have severed vital freight and passenger rail links across Canada could heat up today, with the added threat of activists planning to shut down government offices in British Columbia's capital.
Standard Life Aberdeen boss Keith Skeoch confirmed as new chair of Investment Association
Standard Life Aberdeen chief executive Keith Skeoch has been appointed as the new chairman of the Investment Association (IA), whose members manage some £7.7 trillion of assets.
Tunnel collapses at Mozambique ruby mine kill 11 illegal miners
At least eleven illegal miners in northern Mozambique’s Montepuez ruby mine have died following a series of tunnel collapses over three days.
World ATM Congress 2020: FABEC OPS Theatre hosts operations experts from around the world
FABEC OPS Theatre returns to World ATM Congress 2020 with a bold agenda centred on new operational concepts including urban air mobility, dynamic airspace configuration, initial Trajectory-Based Operations (iTBO), data sharing, resilience management, interdependencies of ATM performance, understanding delay, and the value of forecasts. The presentations, chosen from more than 50 requests received from five continents, provide valuable insight into new systems entering the market. Speakers will share their experiences and exchange views with industry experts in an international forum
Renault sales and earnings drop in tough market
PARIS (AP) — France's Renault saw its sales and earnings drop last year and says 2020 will be tough due to the need for investment in new technologies just as the market is shrinking.The company said Friday that it sold 3.8 million vehicles last year, down 3.4%, with revenue dropping about the same rate to 55.5 billion euros ($60 billion).That almost wiped out its net earnings, which amounted to just 19 million euros last year compared with 3.4 billion euros a year earlier.Interim chief Clotilde Delbos said "the visibility for 2020 is limited due to an expected volatility in the market.
CBDT backs PM Modi's claim; says only 2,200 professionals declared income above Rs 1 crore in FY19
PM Modi drew flak for his comments recently only 2,200 professionals declared income above Rs 1 crore per annum but CBDT has clarified that it's true
Etihad Airways launches TravelPass, an innovative subscription-based travel solution
ABU DHABI, UNITED ARAB EMIRATES – Etihad Airways has announced a partnership with Norwegian technology developer Braathens IT, to develop TravelPass, an innovative travel solution initially aimed at corporate and frequent travellers which will launch later this year. The new TravelPass technology provides a subscription-based travel solution, allowing Etihad to offer its frequent guests complete flexibility and ease with their regular and recurring travel arrangements. Customers can purchase a TravelPass for a set number of trips or a particular travel period
Bursa Malaysia ends higher on news of stimulus package
KUALA LUMPUR, Feb 14 — Bursa Malaysia ended higher today as market sentiment was lifted following news that the government will unveil an economic stimulus package to address the Covid-19 outbreak on February 27. At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 5.30 points to its intraday...
Govt willing to do more beyond Budget to boost growth: Nirmala Sitharaman
Sitharaman said that if required, the government would take more steps beyond Budget announcements.
Virus fears send Wall Street down after UK finance minister quits
China has been praised by the World Health Organization (WHO) for its transparent handling of the outbreak.
Mike Novogratz’s Galaxy Digital Slashes 15% Staff
Galaxy Digital, a crypto merchant bank established by Michael Novogratz, has cut its staff by 13 - around 15 percent of its total workforce.