Economy 1007
TCG BDC: The Case Of The Unattractive High Yield
Sporting a high dividend yield of 12.40%, TCG BDC stock may be on many investors’ watch list.The company regularly pays dividends and repurchases shares every quarter, but funds for these activities a
Households saved Rs 11K per year due to increasing affordability of thalis: Survey
Eco Survey finds that cost of vegetarian thali reduced significantly since 2015-16 though the price rose in 2019.
Economic Survey sets the tone for Budget 2020
The Survey's theme is 'Wealth Creation'
Bitfinex Adds Tether Gold Margin Trading with 5x Leverage
Bitfinex, one of the top global crypto exchanges, has added margin trading support for bullion-backed stablecoin Tether Gold (XAU₮).
Afghanistan violence soars amid US-Taliban talks: Watchdog
Violent attacks in Afghanistan jumped to record levels in the last quarter of 2019 compared with previous years, a US government watchdog has said, underscoring the 18-year-long conflict's continued toll on the country.
Key takeaways from Economic Survey 2020
Finance Minister Nirmala Sitharaman on Friday tabled economic survey projecting the country’s economic growth at 6-6.5% for the next fiscal year starting April 1.
Celtic transfer news: Hoops ‘could land’ Tottenham star Victor Wanyama in £8m move
A SHOCK deadline day transfer taking £8m-rated Victor Wanyama from Tottenham to Celtic could still happen today, according to reports. The former Hoops hero, now 28, earns around £60,000-a-week at …
Govt spend on social services up by 1.5% in six years: Eco Survey
According to the Survey, as a proportion of gross domestic product (GDP), the expenditure on social services has registered an increase of 1.5 percentage points during the period 2014-15 to 2019-20 from 6.2% to 7.7%, it said.
Kingdom Under Fire: The Crusaders coming to PC
Kingdom Under Fire: The Crusaders, the real-time strategy / third-person action hybrid game first launched for Xbox in October 2004, is coming to PC via Steam in Q1 2020, developer Blueside announced....
Trump will demand high price for UK trade deal, says former ambassador
Kim Darroch said it was ‘impossible’ that the US congress would ratify any trade deal by the end of the year.
SSE on course despite slight lag in renewables
Energy giant SSE marked its first quarter out of the household energy sector by saying that it is on course to deliver on its earnings target for the year.
Stock markets fall
Canada's main stock index posted a triple-digit decline in late-morning trading as the heavyweight financial, energy and industrial sectors moved lower.
SBI records 41 per cent jump in Q3 net profit at Rs 5,583 crore
The bank says this is the highest ever quarterly net profit recorded by it
Pound Sterling Powers into Month-End Against Euro and Dollar
The British Pound heads into month end with momentum owing to a decision by the Bank of England to keep interest rates unchanged
GDP Prints At 2.1%, But Strong Export Data Is Anomalous; Likely To Be Revised Downward
Most of the 2.1% print came from Net Exports (NEX), but the lead of that was a technical increase from IMPORTS (which normally REDUCE GDP) .NEX is the component of GDP that, historically, is most revi
Asia shares try to rally after gut-wrenching week
Asian share markets were praying for a reprieve at the end of a punishing week as investors snatched at hopes the coronavirus could be contained, ...
Q4 GDP: A Quick First Look
Quarterly real GDP growth came in slightly hotter than I expected at 2.1%.The single-biggest mover was the total collapse in real imports, down 8.7%.Consumption is way down. Real core PCE growth was 2
Amazon sees sales hit €79.2bn as Prime memberships rise
The online retailer Amazon has reported a 21% increase in sales for the fourth quarter of last ye...
Council leader dismisses quality of life table putting Dundee 29th out of 32 Scottish districts
New figures ranking Scottish local authority areas based on quality of life have been dismissed as “not necessarily robust”.
Economic Survey 2020 forecasts India GDP growth at 6-6.5% for FY21
Economic Survey 2020: According to the survey, uncertainties, although declining, are still elevated due to protectionist tendencies of China and USA and rising USA-Iran geo-political tensions
Nifty call: Go long on strong rally above 12,050 levels with fixed stop-loss
Nifty 50 February futures (12,025)Following a positive start, the Sensex and Nifty began to decline due to selling interest at higher levels. The Asian markets are displaying mixed cues; the Nikkei 22
Auto Expo 2020: MG Maxus D90 SUV to be priced between Rs 40-45 lakh
The MG Maxus D90 SUV will take on the Fortuner and Endeavour.
A few tips to boost sales of new cars
Levying road tax for five-year periods, making the registration process online, and ensuring dealerships sell spare parts across the counter and online are among steps that will help reduce the cost of ownership
Highlights of the day: TSMC, UMC maintain normal production in China despite outbreak, but IC design houses worried about business
Many Taiwan-based IT firms are feeling the heat from the coronavirus outbreak that is delaying their production from returning normal following Lunar New Year. But have revealed that their fabs in China have been running as usual. Despite the foundry houses' reassuring revelations, many Taiwanese ...
Narrabri farmers feel 'sold out' by federal-NSW energy deal that boosts gas supply
NSW environment minister insists government will not ‘cut corners’ in assessing Santos’s controversial coal-seam gas project at Narrabri
Amazon blows past a $1 trillion valuation after topping analysts' earnings expectations (AMZN)
Amazon shares soared as much as 11% in early Friday trading, driving the company's market valuation above $1 trillion for the first time since J...
Beyond Brexit: Fishing, farming and science set for biggest shake-up in 70 years
It was hard to find a more pro-remain sector of the UK economy than Britain's scientific research sector. Science is, and always has been an international enterprise dependent on the free movement of people and just as importantly research funds. And most of the money, and people, come from the EU. The government's announcement this week for a fast-track visa system for "top talent" in research has allayed some of the scientists' fears.
SiteMinder-backed research reveals an increasingly tech-savvy independent hotelier on the rise
LONDON, UK – New research backed by SiteMinder reveals that today’s independent hoteliers have a greater awareness and appetite around technology when it comes to their marketing and distribution strategies. According to eHotelier’s Marketing & Distribution 2020 Journal, 68.4 percent of independent hotels already have a digital marketing strategy implemented for their business and a further 24.4 percent intend to implement their strategy over the coming year. Only 7.2 percent of independent hoteliers do not understand the relevance of a digital marketing
US raises USD 7.6 billion in auction of 37, 39, 47 GHz bands for 5G
The US FCC announced it's completed the auction of the upper 37 GHz, 39 GHz and 47 GHz bands, which started on 10 December 2019. The auction of 5G spectrum attracted total bids of USD 7.56 billion, and bidders won 99.9 percent of the licences on offer.
Racing Point F1 team renamed Aston Martin from 2021
LONDON, Jan 31 — The Racing Point Formula One team will be rebranded Aston Martin from the 2021 season, James Bond’s favourite carmaker announced today after securing a sizeable investment deal. Canadian billionaire Lawrence Stroll, whose son Lance Stroll drives for Racing Point, has agreed to...
Buy local products for 'better tomorrow'; efforts on to make India $5 tn economy: Prez Kovind
President Ram Nath Kovind on Friday exhorted people to use locally manufactured products for a "better tomorrow" as he reiterated the government's commitment to make India a USD 5 trillion economy.
Universities seek new markets after triple-blow
The UK's highly competitive visas for foreign students, along with the bushfires and coronavirus, threaten Australia's $38 billion higher education market.
Burlescombe produce market "overwhelmed" by optimism and support
The new monthly produce market got underway at Burlescombe and Westleigh Community Hall on Sunday, January 26
Sasol expects earnings to collapse 69%
Oil price, softer global margins and Lake Charles project weighs on first-half earnings
Sale of.Org Domain Registry Delayed By California Attorney General
California Attorney General Xavier Becerra sent a letter to the Internet Corporation for Assigned Names and Numbers (ICANN) demanding more information about the private equity takeover of the .org domain registry. The attorney general is seeking answers to 35 questions concerning the sale as well as...
‘I hope something positive has come out of this horror’: Angus gran’s brutal death inspires self-defence drive
The brutal death of a former Monifieth grandmother has inspired a self-defence drive in South Africa.
Crisil upgrades Jindal Steel's NCD ratings to positive on restart of plant
Upgrade reflects improvement in JSPL's business risk profile over medium term
India's GDP growth not overstated, says Economic Survey 2020
Economic Survey 2020 live: The Economic Survey 2019-20 cleared the air around "inflated GDP numbers". Here's what this exactly means for you
Ryanair signs Rentalcars.com to drive unrivalled car rental experience
Ryanair has partnered with to offer its travellers the best rates on the world’s largest choice of car rental inventory. By integrating Rentalcars.com’s platform across its Group Airlines, Ryanair is using the most innovative technology in the industry to create a market-leading and frictionless user experience that will deliver more car rental bookings than ever before. As a result of its improved customer journey across Web, Mobile and App platforms, Ryanair’s customers will not only be offered the widest choice of cars
GBP/USD keeps the mixed outlook unaltered – UOB
Cable is expected to extend the broader consolidative mood amidst the prevailing mixed outlook, suggested FX Strategists at UOB Group. Key Quotes 24-h
Racing Point and Aston Martin set to work together in 2021
Racing Point will become Aston Martin's Formula 1 team at the start of the 2021 season thanks to a deal that has been done with the company and Lawrence Stroll. It is believed that Stroll has bought a stake in the British car company and the news comes after it was announced earlier that Red Bull and Aston Martin would part ways at the end of 2020.
Billionaire Lawrence Stroll takes stake in Aston Martin
Canadian billionaire Lawrence Stroll will take an up to 20 percent stake in Aston Martin for nearly 200 million pounds (US$$263 million) as the ailing carmaker raises funds after a sales drop put pressure on its finances, Reuters reports. Famed for being fictional secret agent James Bond’s car of choice, the 107-year-old company’s share price…
Economic Survey suggests widening scope of Make in India to create 4 crore jobs by 2025
This can be done by integrating “assemble in India for the world” into Make in India.
Pvt sector to get 70% of upcoming space projects worth up to $1.6 bn: Isro
In the last 25 years, the space agency has launched more than 50 PSLV rockets, and wants to launch another 50 in the next five years
Big share sale target in FY21? AI, BPCL, CCRI plus some more
Dalal Street analysts expect disinvestment proceeds to touch Rs 50,000 crore in FY20.
Union Budget 2020: Govt Tables Economic Survey, Pegs Growth Rate at 6-6.5% For FY 2020-21
The growth rate for the current financial year, ending March 31, was 5%, the Economic Survey, prepared by Chief Economic Adviser (CEA) Arvind Subramanian said. The Survey added that the rate of inflation declined from 3.2% in April 2019 to 2.6% in December 2019.
Rand marks time as China virus, power cuts weigh
Investors clutch at hopes that China can contain the spread of the coronavirus.
Ethereum Event Attracts Global Energy Giant Sponsor, ETH Prices Up 7%
A large Ethereum gathering in the US next month is attracting some big named sponsors as BP adds its name to the list.
SBI Q3 result: Lender logs 41% YoY rise in profit at Rs 5,583 cr; NPAs dip
During the quarter under review, the bank's credit book grew 6.79% YoY to Rs 23.01 trillion, up from Rs 21.55 trillion. The retail loans have jumped 17.49% YoY, while corporate loans slipped 0.48%
SK hynix’s 2019 operating profit plunges 87%
South Korean chipmaker SK hynix’s operating profit in 2019 plummeted 87 percent to 2.7 trillion won ($2.2 billion), amid the continued fall in memory chip prices and lower demand, according to its earnings report released Friday. The world’s second-biggest memory provider raised 26.9 trillion won in annual sales last year, a 33.3 percent plunge from 2018. The net profit nosedived 87 percent to 2.02 tril...
Australian bushfires: State of emergency declared in Canberra
Heatwave conditions expected to sweep through Victoria and New South Wales states
EUR/USD: Extra gains seen above 1.1088 – Commerzbank
Karen Jones, Team Head FICC Technical Analysis Research at Commerzbank, noted the pair faces a tough hurdle in the vicinity of 1.1090. Key Quotes “EUR
Years of red ink before Sargon's downfall
The holding company of high-powered fintech superannuation group Sargon Capital lost nearly $25 in the two years before it tumbled into receivership, and it is yet to file accounts for last financial year.
Eco Survey: Thalinomics in times of rising prices: Veg, non-veg thalis more affordable
Using the annual earnings of an average industrial worker, it is found that affordability of vegetarian thalis improved 29 per cent from 2006-07 to 2019-20 while that for non-vegetarian thalis improved by 18 per cent.
SBI Q3 results: Profit jumps 41% to Rs 5,583 crore; asset quality shows big improvement
Percentage of net NPAs stood at 2.65 per cent compared with 3.95 per cent last year.
The Outer Worlds has a release date for Nintendo Switch… but not everyone is happy
If you’ve been holding out for a portable version of last year’s excellent Obsidian RPG, The Outer Worlds, then we finally have a release date for you.
Tokyo stocks close higher after WHO virus ruling
TOKYO, Jan 31 — Tokyo stocks closed higher today after the World Health Organisation declared the new coronavirus an international emergency but held off on recommending restrictions on the movement of people. The benchmark Nikkei 225 index gained 0.99 per cent, or 227.43 points, to end at...
Finance minister: 18pc discount for PLUS toll charges starts tonight
KUALA LUMPUR, Jan 31 — The 18 per cent Projek Lebuhraya Utara Selatan (PLUS) toll highway discount begins tonight, said Finance Minister Lim Guan Eng today. Lim reiterated Prime Minister Tun Dr Mahathir Mohamad’s announcement that the Cabinet has decided to restructure PLUS’ concession...
Banking Association Reassures Lebanese their Deposits Are Safe
The head of the Association of Banks in Lebanon, Salim Sfeir, has made assurances that deposits are safe and that the temporary measures were only aimed at managing the current crisis. “Things will soon return to normal as the new government begins t
Posco’s operating profit down 30% in 2019 amid industry downturn
South Korean steel giant Posco said Friday its operating profit dropped 30.2 percent in 2019 from the previous year, amid the overall industry downturn and protectionism by major trading partners. The steelmaker said its revenue stood at 64.3 trillion won ($53.9 billion), down 0.9 percent on-year. The operating profit posted at 3.86 trillion won, while net profit was 1.98 trillion won last year. The operating margin...
Economic Survey 2020 has a clear message for Nirmala Sitharaman
Growth in the current fiscal year would come in at 5 per cent, as per Economic Survey.
2020 TVS Apache RR310 – ride-by-wire, LCD display
Updated and revised for this year is the 2020 TVS Apache RR310, newly released in the India market. At first glance, updates appear confined to new
Marico slips 6%, hits 52-week low on disappointing December quarter results
In Q3FY20, consolidated revenue from operations declined 2 per cent YoY at Rs 1,824 crore.
SK Hynix, Inc. (HXSCL) Q4 2019 Results - Earnings Call Transcript
SK Hynix, Inc. (OTC:HXSCL) Q4 2019 Earnings Conference Call January 30, 2020, 07:00 PM ET Company Participants Sanghoon Park - Head of IR Jin-Seok Cha - CFO Conference Call Participants Hyunwoo Doh -
One double duvet vs two single duvets? A review of what couples do by country
In order to beat those winter blues many of us will be looking to the summer months and planning holidays. With Forbes recently releasing its "Top 27 Countries to travel to in 2020" The Original Bed Co. has investigated into these 27 destinations to reveal where in the world you will be able to enjoy your own duvet and where you will be sharing. Many of us will face a disrupted night's sleep as a result of a duvet-stealing partner. However, some
NZD/USD Price Analysis: Slides to near 2-month lows, farther below 0.6500 level
The NZD/USD pair added to its recent losses and remained depressed for the sixth consecutive session on Friday, falling to near two-month lows during
Two loan products launched by Indian Bank
Indian Bank on Thursday announced the launch of two products - Surya Shakthi, for roof top solar set up for captive consumption and Corporate Loan, a finance product in aid of units under stress for w
EUR/USD comes under pressure below 1.1030 ahead of data
After moving to the 1.1030/35 band, or daily highs, EUR/USD appears to have met some sellers and is now giving away part of those earlier gains. EUR/U
Huawei overtakes Apple to get 2nd place in CY 2019
Despite the challenges that they are facing, Huawei still seems to be doing well in terms of smartphone shipment and in 2019, they have slightly overtaken Apple to become the 2nd top brand. This is…
China ADMITS it was too slow to react to coronavirus outbreak which has killed at least 213 people - amid claims that officials are hiding a higher death toll by cremating bodies
The secretary of the ruling Communist party in Wuhan said the virus's impact on the world 'would have been less' if measures had been taken sooner.
ONGC’s gas pipeline in A.P’s KG Basin leaks, no damage reported
Villagers spot it on Friday morning and alert officials; ONGC team rushes and cuts off supply
Link to buy Pepper European Servicing unit for up to €200m
Pepper Ireland unit manages €18bn of assets, including 60,000 residential mortgages
Economic Survey pegs GDP growth at 6-6.5% in next fiscal
Government must use its strong mandate to deliver expeditiously on reforms, it says
When are the Eurozone Preliminary CPIs/ GDP and how could they affect EUR/USD?
Eurostat will publish the first estimate of Eurozone inflation and growth figures for January and Q4 respectively at 1000 GMT today. The headline CPI
Bank Negara says sentiments in global financial markets positive in Dec
KUALA LUMPUR, Jan 31 — Sentiments in the global financial markets in December were positive amid prospects of easing global trade tensions, said Bank Negara Malaysia (BNM) today. The central bank said investor’s risk appetite improved following the announcement and subsequent signing of a phase...
Economic Survey calls for $1.4 trillion infra spending during FY2020-2025
Investment in infrastructure is necessary for the economy, as power shortages, inadequate transport and poor connectivity affects overall growth performance, as per the Survey
Shares struggle for footing after virus-battered week
World share markets fought to regain their footing on Friday as investors clutched at hopes that China could contain the coronavirus, even as ...
What could derail the long-awaited property market recovery?
PROPERTY experts are hopeful 2020 will be the year the Perth market returns to growth.
GDP edges up 0.1 per cent
The Canadian economy edged higher in November, reversing most the decline seen in October, as cold weather helped boost the utilities sector and the construction and retail sectors also gained ground.
PROMOTED: Drive 10x your Revenue and Value at this year’s Sales...
Sales Leadership Conference (SLC) is West Africa’s biggest convergence of revenue leaders across corporate Nigeria..........
Corporation tax cut to benefit 1% firms, SMEs paying lower tax: Eco Survey
With economic slowdown resulting in slippages in direct and indirect tax collections, the Survey said the next financial year is expected to pose challenges on the fiscal front
In her absence, presidential hopeful Elizabeth Warren’s dog Bailey takes part in campaign
Less than a week before the Iowa caucus, the 20-month-old Golden Retriever, accompanied by Warren's husband Bruce Mann, made three campaign stops.
2019 Subaru XV recalled over seatbelt fault
More than 700 compact Subaru SUVs are being recalled to rectify an issue with the rear seatbelts.
Oh! GDP grew only 6.1% - not 6.8% - last fiscal, says MOSPI
GDP figures for financial year 2017-18 were also revised downwards to 7 per cent, from 7.17 per cent reported earlier
Brexit Day celebrations: How the UK is marking 31 January
After nearly four years since the EU referendum in June 2016, Brexit Day is almost upon us. So how is the UK marking 31 January?
CVS Stock Is a Long-Term Hold, but It’s not a Buy Ahead of Earnings
CVS Health's 2018 acquisition of Aetna will likely boost CVS stock in 2020, but volatiity around earnings date is possible.
Jackson Laboratory announces research affiliation, publishes new papers on genes and microbiome
January has been an exciting month at The Jackson Laboratory (JAX). With this surplus of news, we wanted to share three major stories from the past week:
Woodford Income Focus fund to reopen in February
£268m fund was frozen in October after stockpicker’s business imploded
Luxury home prices in Manhattan have tumbled to their lowest level in years, and it proves that sellers are still struggling to offload prime real estate, Business Insider - Business Insider Singapore
Business Insider - The price threshold for Manhattan luxury homes fell to $3.8 million at the end of 2019 — the lowest it's been since 2013.. Read more at businessinsider.sg
General Electric Slams It Out Of The Park
Contrary to fears from many market participants, General Electric appears to be turning a corner.The company's latest release reveals strong performance when it comes to cash flow and good results mov
Bank of Lithuania Looks into Central Bank Digital Currency
Bank of Lithuania may be the next entity to look into Central Bank Digital Currencies (CBDCs), after multiple banks worldwide have expressed interest. All
Chesapeake Energy Bulls Are Asking the Wrong Question
From logical deduction, the environment must be pressured beyond belief. Thus, I can’t see CHK stock doing anything but eroding in the long run.
Elon Musk Drops Confounding New EDM Single, “Don’t Doubt ur Vibe”
This would seem like a Grimes ripoff if it displayed any sort of musical innovation.
Economic Survey 2020: GDP Growth Projected At 6-6.5 Per Cent In FY21; Growth Resurgence From Second Half Of FY20
The Economic Survey 2019-20 was tabled by Finance Minister Nirmala Sitharaman in the parliament today (31 January). The survey projects the Indian Economy to grow at a rate of 6 to 6.5 per cent in the upcoming Financial Year 2020-21.
Perth energy firm SSE ‘on course’ to deliver targets
Perth-based energy giant SSE said it expected to meet its full year targets yesterday despite its renewable energy output falling 5% behind forecasts for the first nine months of the year.
Sisters tried to poison mom days before allegedly killing her for life insurance money - report
Two sisters from Mpumalanga allegedly attempted to poison their 62-year-old mother a few days before she was killed and raped, reportedly to collect an R80 000 life insurance payout.
Luxury home prices in Manhattan have tumbled to their lowest level in years, and it proves that sellers are still struggling to offload prime real estate
The price threshold for Manhattan luxury homes fell to $US3,816,835 in the fourth quarter of 2019, according to a report by the real-estate listing platform, StreetEasy.
3 Straight Quarters Of 2%, And Yet Each One Very Different
For the year, the Bureau of Economic Analysis (BEA) puts total real output at $19.07 trillion, or annual growth of 2.33% and down from 2.93% in 2018.Imports are down so sharply because the domestic pa
Govt Revises GDP Growth For 2018-19 to 6.1 Per Cent From 6.8 Per Cent
Earlier in the day, the Economic Survey presented by chief economic advisor (CEA) Krishnamurthy Subramanian projected revival of economic growth to 6-6.5 per cent in the next fiscal starting April 1, 2020.
Eskom gauges interest in building pebble-bed nuclear plants
South Africa spent R14.47bn trying to develop the technology before abandoning the project in 1999.
USD/CAD eases from tops, still well bid near 200-DMA post-US/Canadian data
The USD/CAD pair trimmed a part of its early gains to seven-week tops, albeit still managed to hold with modest daily gains above the 1.3200 mark post
Acceleron Reignites Pipeline After Latest Trial Success With PAH Drug
Acceleron achieves primary endpoint in phase 2 PULSAR study using sotatercept to treat patients with pulmonary arterial hypertension.Top-line results from the phase 2b PULSAR study are going to be rel
Portal Leisure Centre fails to boost town centre footfall as empty shops pile up
Retail vacancy rates above the national average, new report shows.
Aussie property values rise another 0.9% in January
CoreLogic’s dwelling price results have been released for January, which reveals another 0.9% increase in values over the month at the 5-city level, driven by more strong rises across Sydney (1.1%) and Melbourne (1.2%):
All-New 2021 Kia Sedona Coming Soon With Big Changes
At the 2018 New York Auto Show, the Kia Sedona minivan was given a refresh with updated styling, a more spa...
Amazon shares surge on strong earnings update
Amazon shares shot higher Thursday after the internet colossus released quarterly earnings figures for the holiday quarter that trounced market expectations.
‘Big four’ banks turn into ‘big two’ - VietNamNet
With Vietcombank making up 40 percent of total profit of four state-owned banks, the competition among the ‘big four’ banks has been reduced to the ‘big two’.
Treasury Wine Estates shareholders back company's US presence
Long-term Treasury Wine Estates shareholder Tribeca wants the company to maintain a presence in the US but would like to see its commercial business divested.
Markets Recoil as Economic Survey Stokes Fiscal Slippage Fears
The 30-share BSE Sensex closed 190.33 points, or 0.47 per cent, lower at 40,723.49. Likewise, the broader NSE Nifty shed 73.70 points, or 0.61 per cent, to finish at 11,962.10.
Boots 70 per cent off sale - what are the best bargains?
Better than half price bargains to be had - but be quick!
Amazon set to blow past a $1 trillion valuation after topping analysts’ earnings expectations
Amazon shares tore as much as 11% higher in early Friday trading, pushing the company’s market valuation above $1 trillion for the first time since July.
Weekend Reading: 1-2 February 2020
Global Macro / Markets / Investing:
NZD/USD finds support near 0.6450, stages modest recovery
The NZD/USD pair closed the fifth straight trading day in the negative territory on Thursday and extended its slide on Friday to touch its lowest leve
Africa pushes ahead on the world’s largest free-trade zone
The African Union is backing the Africa Continental Free Trade Area.
The Daily Chase: Stocks under pressure as virus spreads; GDP inches higher
Global stocks are coming back under pressure this morning as investors interpret the latest wave of coronavirus headlines. Meanwhile, the Canadian economy unexpectedly expanded in November.
Construction boss jailed after illegal migrants found working on Midland Metropolitan Hospital
Illegal migrants were found working on the crisis-hit Midland Metropolitan Hospital site after a Home Office-led investigation.
Call for ‘vacancy control’ to curb Vancouver rental rates
Housing advocates are concerned that the trend toward jacking up rents once units vacate will result in further displacement
Property sales catapult American Savings’ earnings | Honolulu Star-Advertiser
American Savings Bank’s earnings soared 30% in the fourth quarter after recognizing an after-tax gain of $7.7 million from the sales of its former headquarters at the Financial Plaza of the Pacific and its Mililani Service Center.
EA's tepid forecast overshadows quarterly beat, shares slip
Amid rising competition from console, mobile developers.
US: Annual core PCE Price Index ticked up to 1.6% in December as expected
Inflation in the United States, as measured by the Personal Consumption Expenditures (PCE) Price Index, rose 0.3% on a monthly basis in December follo
Indiabulls to exit realty biz, merge with entity led by Embassy, Blackstone
In the past two years, IBREL has sold commercial assets to Blackstone for around Rs 12,250 crore
Bank strike paralyses work
Bank employees owing allegiance to various constituent unions of the United Forum of Bank Unions (UFBU) boycotted work in the erstwhile composite Khammam district on Friday, the first day of the two-d
Economic Survey: IBC reduces resolution time to 340 days from 4.3 years
The Insolvency and Bankruptcy Code (IBC), which came into force in 2016, provides for market-linked and time-bound resolution of stressed assets
Mining sector's GDP share sees decline due to disruptions in Goa, Karnataka
Closure of mines and disruptions due to changes in legislations has thrown the sector out of gear, curtailing production and endangering jobs
Hindustan Unilever Q3: Steady performance amidst the slowdown
Despite the ongoing consumption slowdown, Hindustan Unilever has been able to maintain the same 5 per cent year-on-year growth in volumes in each of the last three quarters. It has been able to hold v
Luxury home prices in Manhattan have tumbled to their lowest level in years, and it proves that sellers are still struggling to offload prime real estate
The price threshold for Manhattan luxury homes fell to $3.8 million at the end of 2019 — the lowest it's been since 2013.
India's share in global commercial services exports up at 3.5 per cent
According to the economic survey tabled by finance minister Nirmala Sitaraman, the service sector acounts for 55 per cent of economic growth
On a wing mirror and a prayer? Don't look back in anger in Sunday's Well home with parking
An elegant, Victorian house in Sunday’s Well with oodles of space has a key ingredient — parking, says Tommy Barker
The Light From The Gods Still Shines Bright - Raytheon Company Delivers In Q4
Raytheon Company just posted its Q4 numbers. 2019 was a great year, with strong growth at every level. Backlog is growing faster than bookings, bookings faster than revenue - so revenue growth can ac
Space sector can hit $50 bn by 2024, needs policy support: Antrix-PwC study
Calls for unhindered access to capital for start-ups, govt support in the form of buyback arrangements or schemes to incentivise investors
Apple Chipmaker Says Supply Not Affected By Coronavirus
One of Apple's chipmakers, TMSC, insists it is business as usual despite the coronavirus disrupting supply chains.
Jakarta stock index slips 1.5 percent as Wuhan virus spreads
The JCI concluded morning trade at 5,966.87 before lunch break, breaking below the 6,000 level for the first time this year.
Canada: Real GDP edged up 0.1% in November vs. 0% expected
The real Gross Domestic Product (GDP) expanded by 0.1% on a monthly basis in November following October's 0.1% contraction, the data published by Stat
Afghanistan violence rises amid US-Taliban talks: Watchdog
SIGAR noted that attacks appeared to mirror progress in US-Taliban talks, with incidents dropping earlier in the year, then picking up again after US President Donald Trump temporarily halted negotiations in September.
These TNW2020 tracks are back by popular demand
At last year’s TNW Conference, we welcomed 350 speakers to share their ideas and visions of what’s next in tech. Divided over 11 themes, our program let you find the talks you’d enjoy the most – whether you were interested in marketing trends, the future of work, or digital art. Several of these tracks were […]
Comment: An Apple wireless charger makes sense even if it isn’t AirPower
It was reported earlier this week that we might see an Apple wireless charger after all, despite the AirPower debacle. Some have suggested this isn't ...
“Every Choice Has a Consequence” Say EU leaders in Open Letter
The three presidents of the main EU institutions say that five decades worth of interconnected policies between their economic bloc and the UK will have to be dismantled and then reconstructed in order to chart a “new way forward as allies, partners and friends”.
Lavender Economic Survey says growth has bottomed out, pegs GDP for FY21 at 6-6.5%
The pre-Budget Survey said for wealth to be distributed, it first has to be created and called for looking at wealth creators with respect.
Here’s what the P/E Ratio really tells us about an ASX share
Do you know what an ASX share's P/E ratio really tells us? The answer might surprise you!
Jewellery salesman with suitcase full of £4m gems targeted by gang in robbery plot
The gang ambushed the salesman as he walked to an Ernest Jones store to display Le Vian's signature brown "chocolate diamonds"
Ford Stock Is a Neutral Play in 2020
The automaker has an opportunity for growth in China but it’s got to deliver in a market not favoring light vehicles.
Farmers stuck with pineapples as prices drop to Shs 700
agriculture
Amazon set to blow past a $1 trillion valuation after topping analysts' earnings expectations
Amazon shares tore as much as 11% higher in early Friday trading, pushing the company’s market valuation above $US1 trillion for the first time since July.
Tesla CEO Elon Musk drops hot new track: Gigaclub coming soon?
A day after Tesla reported its impressive Q4 2019 earnings, CEO Elon Musk seems to be in a celebratory mood, treating his fans and the electric vehicle community by dropping a new song. The Model Y delivery is set to start soon and a lot of people are excited about the Cybertruck but the Tesla […]
What to look for in earnings season
The savage market reaction to a number of startling share downgrades this week is a reminder that hefty price gains may not reflect earnings prospects.
We are comfortable buying retail: Newmark plays against flow
Property fund veteran and former Hawthorn footballer Chris Langford is playing against the real estate flow and buying retail assets.
Fiscal deficit target may be relaxed to arrest declining growth: Economic Survey
The Medium Term Fiscal Policy (MTFP) statement presented with the Budget 2019-20, pegged the fiscal deficit target for 2019-20 at 3.3 per cent of gross domestic product (GDP), which was further expected to follow a gradual path of reduction and attain the targeted level of 3 per cent of GDP in 2020-21, and continue at the same level in 2021-22.
3 Warren Buffett Picks That Most Investors Missed
Even many Buffett followers haven't picked up on some of these winners. Did you?
Supreme Court business rates hearing on ATM charges to be heard on Budget day
It comes on March 11, the day the Chancellor will unveil plans to help the high street.
Japanese billionaire cancels search for girlfriend to take on SpaceX trip
Back in 2018, Maezawa, who founded Japanese online clothing retailer Zozotown, had been named as the first passenger on Elon Musk’s SpaceX rocket flight around the moon, which is scheduled to take place in 2023. His original idea was to…
How will immigration rules change after Brexit?
The issue dominated the EU referendum debate.
EA plans to release four major non-sports titles before April 2021
EA held an earnings call last night for the third quater of the FY2020. EA revealed that it has 12 games in the pipeline set to be published before April 2021, including four new games based on existing IPs.
CFTC Chairman: We Could See Ethereum Futures Launching Soon
Ethereum Futures might be the next significant product coming to the cryptocurrency scene, said the CFTC Charmain, Heath Tarbert. Furthermore, he
Security Token: MERJ Exchange to List Tokenized Offering of Collectible Cars
MERJ Exchange, the official stock exchange of Seychelles and a marketplace seeking to leverage digital security offerings, has partnered with Liechtenstein-base
CMA new boss talks tough against issuing profit warnings late
NAIROBI, Kenya, Jan 31 - The Acting Chief Executive of Capital Markets Authority Wycliffe Shamiah has warned companies listed on the Nairobi Securities Kenya breaking news | Kenya news today |
Austria’s FMA Warns Against Swissinv24 Ltd
Austria's FMA has published a warning on its website this Friday against Swissinv24 Ltd, an alleged provider of trading platforms.
Splunk Stock Will Keep Powering Higher Despite Being Overvalued
Splunk stock isn't cheap -- it's probably overvalued here -- but valuation alone won't stop the SPLK rally.
Strategic strata moves rattle Melbourne's city grid
In an intriguing start to the year for the CBD strata market, property developer Salta has snapped up a second floor in a seven-storey building on Exhibition Street.
Volatility In SmileDirectClub Likely To Continue So Waiting To Buy May Be Best
SmileDirectClub, Inc went public in September 2019 as a unicorn, being valued at over $5B.While margins are showing improvement, net margin is still negative mainly due to high customer acquisition co
Telecom sector is bleeding! Will Modi govt offer relief in Budget 2020?
Budget 2020: Telecom industry has also demanded a reduction in levies, both licence fee and Spectrum Usage Charges (SUC). It has also asked the Centre to create an infrastructure bank that would raise tax-free bonds, the proceeds of which can be used to lend to the companies at lower rates.
SBI invests $20m in core banking-API integration firm OpenLegacy
Japan's SBI Holdings has invested $20 million in OpenLegacy Technologies, an American software firm that smooths API integration of core banking systems.
Pro-business policy critical to achieve $5 trillion economy, says Economic Survey
The Economic Survey 2019-20 says India’s aspiration to become a $5 trillion economy depends critically on promoting “pro-business” policy that unleashes the power of competitive markets to generate
Fallen Order has already sold more than EA were expecting for the whole financial year
Star Wars Jedi: Fallen Order has already surpassed the sales EA were hoping to see for the fiscal year. In their earnings call, the company praises the success of both Fallen Order and Battlefront II, as well as Apex Legends.
The Sims 4 hits 20 million players, with online play hinted for a next-gen game
The Sims Online rises from the ashes?
Qatar Petroleum announces fuel prices for February
Doha - Qatar Petroleum (QP) today announced the petrol and diesel prices for February.
The pound rises as the UK bids goodbye to EU — but experts say to brace for an up to 7% drop if trade talks falter
"If trade negotiations fail and the UK ends up with a delayed hard exit we would look for GBP USD to drop 5% to 7% taking us back towards $1.24," said one analyst.
Buzzy primary care company One Medica just popped in its stock market debut after raising $245 million in its IPO, Business Insider - Business Insider Singapore
Business Insider - One Medical is set to start trading Friday under the ticker "ONEM." One Medical was founded on the idea of making it easier to get medical care.. Read more at businessinsider.sg
Budget 2020: Why focus on wealth creation is good news for Indian economy
The Economic Survey 2019-20 has managed to hit the bullseye by focusing on wealth creation. It now remains to be seen whether the government provides the tools and environment required for the same.
Saskatoon street robberies up more than 20 per cent in 2019
Last year, 175 robberies were reported to police in Saskatoon. That is a more than 20 per cent increase over the 144 reported in 2018.
Economic Survey 2020: CEA Subramanian sees fiscal slippage in FY20
Subramanian said the country might have hit the trough in growth and expressed his confidence in achieving 6-6.5 per cent growth in fiscal year 2020-21
ISRO readying for low cost satellite launch vehicles
ISRO has earmarked $1,600 million for launch vehicles, of which $870 million will be for PSLV and the remaining for Geosynchronous Satellite Launch Vehicle, he revealed. ISRO has planned some 500 Polar Satellite Launch Vehicle launches in the next five years. The Government Owned Contractor Operated (GOCO) model is picking up very well in the space and defence sectors.
Shoe Zone to close town centre store
A budget shoe retailer is to pull out of a west Suffolk town after reporting a slump in profits last year.
Foreign exchange reserves reach life-time high of $466.69 billion
In the previous week, the reserves had increased by USD 943 million to USD 462.16 billion
Headie One Teams With Fred again... For "Charades"
Free Headie One. Headie One has been one of the leading artists in UK's drill scene which has been exploding beyond Europe these days. Music x Road made him a bonafide star in his own right but unfortunately, he faced a bit of a setback at the beginning of the year. Headie One is currently incarcera...
Amazon set to blow past a $1 trillion valuation after topping analysts' earnings expectations, Business Insider - Business Insider Singapore
Business Insider - The company previously touted $1 trillion valuations in September 2018 and July 2019, though the milestones were quickly lost as shares tumbled.. Read more at businessinsider.sg
It's official: too much banking is bad for you
The "financialisation" of an economy can exacerbate inequality, and undermine stability.
Canada needs more doctors
Canada lags well behind all but the United States among 11 of the wealthiest nations when it comes to the number of doctors per capita, a new report indicates.
Reforms must take into account economic wellbeing
As we implement the wave of reforms flowing from the royal commission, it's important to ensure the health of the economic system.
ExxonMobil and Chevron report fourth-quarter earnings declines
US oil majors knocked by tighter margins, chemicals weakness and writedowns
Apple supplier LG Display posts fourth quarterly loss in a row
Loss smaller than expected.
Bitcoin Cash (BCH) Miners Gaming the Network Amid Low Transaction Volume
Despite attempts to improve the difficulty adjustment protocol for Bitcoin Cash (BCH), miners are still able to ‘game’ the network while transaction volumes remain significantly low.
Coca-Cola announcement fails to fizz
Yesterday Coca-Cola New Zealand announced a sugar reduction goal of 20% across its portfolio by 2025.
2021 Mercedes-Benz EQS prototype photographed
Official side-by-side photographs show the 2021 Mercedes-Benz EQS will closely follow last year’s Vision EQS concept.
Cott to sell S&D Coffee business for US$405 million
The sale is part of Cott's plan to focus on its water business.
Lebanon central bank chief says $1bn sent abroad
Protesters have accused bankers of complicity with the political class and suspect politicians of transferring funds abroad despite the restrictions and a prolonged local bank closure when protests first broke out.
Eco Survey gives positive outlook for steel, oil and gas sectors: Pradhan
The sector achieved a growth of 5.2 per cent during April-November period of the ongoing financial year as compared to 3.6 per cent in the year-ago period, it added
Aviva stops investors from taking money out of Irish property funds
Investment vehicles have combined value of €940 million
These All Ords shares were sold off in January: Time to buy?
Kogan.com Ltd (ASX:KGN) and these All Ordinaries shares were sold off in January. Is this a buying opportunity?
Stryker Humming Along, But Seems To Be Straining The Sell-Side
Stryker's fourth quarter was operationally excellent but more mixed next to ever-higher Street expectations.Mako continues to drive impressive growth in knees, and I expected a better year from the sp
China car sector to take hefty first-quarter hit from virus but 2020 outlook not necessarily grim
The new coronavirus epidemic is likely to wreak havoc on China auto sales and production in the first quarter, but it is too early to push panic ...
Retail, residential sectors under reporting season spotlight
Performance of the retail and residential owners and developers will be under the spotlight in the upcoming earnings reporting season.
Statistics Canada says GDP edged up 0.1 per cent in November
OTTAWA — Statistics Canada says real gross domestic product edged up 0.1 per cent in November, reversing most of the decline experienced in October.
Economic Survey calls for USD 1.4 trillion spending on infrastructure
Finance minister notes that investment in infrastructure is necessary, as it affects the overall growth
HBC board backs bid
The board of directors of Hudson's Bay Co. has unanimously recommended shareholders support a sweetened offer to take the retailer private.
Vedanta profit rises 49% to Rs 2,348 cr in Q3 on the back of lower expenses
In a statement, the company said "attributable PAT (was) at Rs 2,348 crore, up 49 per cent y-o-y (year-on-year)"
GDP growth for FY19 revised downwards to 6.1% from 6.8% estimated earlier
"Real GDP or GDP at constant (2011-12) prices for the years 2018-19 and 2017-18 stand at Rs 139.81 trillion and Rs 131.75 trillion, respectively
Rocket Report: Starlink flies, OneWeb has next mega-constellation launch
“This marks the start of a regular launch campaign during 2020.”
Amazon sees face mask sales surge amid coronavirus fears
Packs of 50 disposable masks have been selling fast on the website.
Indian economy has hit ‘a trough’, hope to achieve 6-6.5% in 2020-’21, says chief economic advisor
The chief economic advisor pointed out that firms that had borrowed a lot of funds between 2008 and 2012 had invested less during the 2013-’17 period.
No fresh investment, redemption for mutual fund investors on Budget day
Mutual funds investors will not be able to make a fresh investment or sell their units on the Budget day because subscription and redemption are closed on Saturdays and Sundays, industry officials
Kate Middleton 'misses' her close bond with Prince Harry and 'fears she'll 'never be close to him again,' source tells Us Weekly
Kate Middleton, 38, 'misses' her close bond with Prince Harry, an insider claimed to Us Weekly. The source added that she 'fears she'll never be close to him again.'
Intel’s 10-core Comet Lake i9 10900K will boost to 5.1GHz
Intel's top 10-core 10th Gen processor will boost up to 5.1GHz
2019 UCE: Performance improves, boys beat girls
Last year, O'level candidature increased, and more girls than boys registered and sat the final exams. Meanwhile, the rate of malpractice dropped, with the results...
Don’t worry, we are okay, say Malaysian students under Wuhan coronavirus lockdown
KUALA LUMPUR, Jan 31 — “Families and friends in Malaysia, don’t worry. We are okay and safe here,” said Yeong Kai Yi, 26, a Malaysian student at the Central China Normal University in Wuhan, China, when contacted by Bernama today. The final year student at the university’s School of Fine...
Bitcoin Is Up 32% This Month – On Track for $152,000 Year-End?
As Jan 2020 ends, bitcoin is up 32% this month. As one analyst points out, if this continues every month, BTC will reach $152,000 by Dec.
Dow plummets 600+ points in its worst day since August
The Dow Jones Industrial Average erased its year-to-date gains in the last day of January trading, tumbling more than 600 points on rising coron...
The pound rises as the UK bids goodbye to EU — but experts say to brace for an up to 7% drop if trade talks falter
The British pound is trading slightly higher as Britain gets ready to leave the European Union tonight.
Drought tariffs to take effect from tomorrow
Water restrictions will officially come into effect in the City of Mbombela Local Municipality tomorrow, February 1.
Genesco: Relatively Cheap And Aggressively Shrinking The Share Count
Shares of Genesco have greatly trailed the market over the last 12 months in spite of strong EPS growth.Comps have been relatively solid across the company's various brands.However, EPS growth is prim
Realme UI (Android 10) stable update is rolling out for the Realme XT
Realme is expanding the rollout of Android 10-based Realme UI stable update. The company shared the files for those who want to manually flash it.
Elon Musk Just Dropped a New EDM Song on SoundCloud: Don't Doubt Ur Vibe
Elon Musk just released an EDM track on SoundCloud called Don't Doubt ur Vibe, and it'll have you dancing your way into the weekend.
Final Fantasy VII Remake Trailer Shows New Theme Song, Honey Bee Inn, Red XIII, More
"Perfection"
Kozhikode fishermen save a whale shark
An endangered whale shark, accidentally caught while trawling, is returned to the sea in a dramatic rescue by nine alert Kozhikode fishermen. Meet the fishermen, scientists and conservationists who are protecting our oceans
Lucky Daye Sings Sweet Melodies On New Single "Fade Away"
Stream Lucky Daye's latest release. Coming off four Grammy nominations for Best R&B Performance and Best R&B Song for “Roll Some Mo,” Best Traditional R&B Performance for “Real Games,” and Best R&B Album for his debut album, Painted, Lucky Daye is back to show...
10 things you need to know before the opening bell
Here’s what you need to know before the markets open:
The pound rises as the UK bids goodbye to the EU — but experts say to brace for a drop of up to 7% if trade talks fail, Business Insider - Business Insider Singapore
Business Insider - If the UK ends up back with a so-called hard exit, "we would look for GBP USD to drop 5% to 7% taking us back towards $1.24," one analyst said.. Read more at businessinsider.sg
Staff share in €54m payout after US takeover of Decawave
Chipmaker gives new owner access to fast-growing market for Irish group’s technology
Kid Ink Gets Melodic On New Single "Holy Grail"
Kid Ink lifts his chalice. Kid Ink has earned his stripes over time, becoming a genuine fan favorite over at HNHH. Perhaps it's because of his versatility, his ability to bar up or get melodic depending on what the song requires. Today, Ink has opted for a hybrid on 'Holy Grail,' the latest single f...
Goldman Sachs warns Wuhan coronavirus will hit US economic growth this quarter
Goldman Sachs warned on Friday that Wuhan coronavirus is likely to hit US economic growth.
OIL: Buy The Bottom In Crude
Oil demand is the only part of the balance where the bears can make a potentially compelling case to sell oil – but the supply variables win out.Supply is currently being constrained by market partici
Cut in housing prices can clean up banks' balance sheets: Economic Survey
Pitching for correction in property prices, the survey said that housing prices are ruling at a high level, even as the growth in rates has been muted since 2015-16
Hong Kong-based Digital Asset Exchange Bitfinex Introduces Margin Trading for Tether’s New Gold-backed Stablecoin
Hong Kong-based digital asset exchange Bitfinex has introduced margin trading for Tether gold (XAU₮). Beginning on January 30, 2020, the exchange has confi
Amazon's Q4 revenue takes a 300 bps hit due to Diwali timing, Japanese tax
Firms says large part of impact was felt as Diwali season moved more into third quarter, boosting Q3 sales at the cost of Q4
A Much Better Alternative To Dollar-Cost Averaging
Warren Buffett himself seems to like the dollar-cost average approach to investing in stocks, but I am skeptical.Today, I test a simple alternative to DCA that has produced higher absolute returns and
BlackRock Appears Interested In North American Small Cap Pharmaceuticals
BlackRock sees North American Small Cap Pharmaceuticals as Undervalued. Will this trend continue?Comparing Blackrock and Vanguards asset allocation in North American Small Cap Pharmaceuticals.BlackRoc
Domestic milk intake down 5.7% in December
Domestic milk intake by creameries and pasteurisers was estimated at 243.8 million litres for December 2019, according to the CSO.
The EMI waiver is here
In these difficult times for real estate and home loan segment, banks and housing finance companies (HFIs) have found a new method to attract borrowers – home loans with EMI waivers. It does not mean
New York pension fund to review investments in coal companies
The New York State Common Retirement Fund has announced its plan to review investments for 27 thermal coal mining companies.
Economic Survey 2019-20 Tabled in Parliament, Sees Pick up in Growth
For the current fiscal, it projected a GDP growth of 5 per cent, the lowest in 11 years, and worsening job prospects.
Gold futures fall Rs 319 to Rs 40,656 per 10 gm
Gold prices on Friday fell by Rs 319 to Rs 40,656 per 10 gram in futures trade as participants cut down their positions in line with a weak trend overseas. On the Multi Commodity Exchange, gold
US soldiers hurt in Iran missile strike up to 64
US President Donald Trump had initially said no Americans were hurt.
Milan-based Supermercato24 raises €11 million to expand its e-grocery marketplace in Europe
Italian startup Supermercato24 has today announced raising €11 million to expand its e-grocery marketplace in its homecountry, as well as in Poland where it also has an office, and the rest of Europe.
Economic Survey 2020: FTAs have been beneficial, insecurities over trade deals misplaced
Last year, India backed out of the proposed free trade agreement under RCEP that comprises 16 countries in the larger South East Asian region after some of its key concerns were not addressed
Trade body at variance with ISMA over sugar production estimate
All India Sugar Trade Association sees sugar output falling to 27 million tonnes; This is higher than ISMA's estimate of 26 million tonnes for 2019-20
Look for New Highs From CSX Stock as the Economy Heats Up
As goes the economy, so goes CSX stock, and the economy is only going to improve over the next few quarters.
‘Disney SmackDown’: Woman dressed as Minnie Mouse beats up security guard in Las Vegas
The clip, which was originally shared on Instagram, features a woman brutally beating up a security guard on the Sin City sidewalk, Las Vegas after a brief interaction with her.
Household lending grows for third consecutive year - Central Bank
Home lending drove growth in the figures but private sector lending fell
Property where Johnny Cash, June Carter Cash once lived sold
HENDERSONVILLE, Tenn. — The lakefront property in Tennessee where Johnny and June Carter Cash lived for more than 30 years has been sold for $3.2 million.The Hendersonville Standard first reported . . .
7.3% Yield, Monthly Pay Opportunity From HFRO
Most fixed income products are getting expensive, including preferred stocks and bonds.Yet we keep finding nice opportunities for fixed income investors.HFRO has traded flat recently while most fixed
10 things you need to know before the opening bell, Business Insider - Business Insider Singapore
Business Insider - This is what traders are talking about.. Read more at businessinsider.sg
3 Big Things Today, January 31, 2020
Corn and soybean futures were little changed amid concerns about the coronavirus.
US Defends Fourth Rise In Casualty Count After Military Base Attack
The disclosed number of injured personnel has progressively risen from zero to 64, since the strike on Al Asad air base earlier this month.
Royal Enfield Bullet 500, Classic 500, Thunderbird 500 to be discontinued in India from March 31
Royal Enfield Bullet 500, Royal Enfield Classic 500 and Royal Enfield Thunderbird 500 are powered by the same single-cylinder, 4-stroke, spark ignition, air-cooled, fuel injection, 499 cc engine that generates 27.2 bhp and 41.3 Nm of maximum torque.
1.7 million road users to benefit from 18pc discount for PLUS toll charges
KUALA LUMPUR, Jan 31 — A total of 1.7 million road users will benefit from the 18 per cent savings in their toll rates, at all PLUS-operated highways nationwide, from the stroke of midnight tomorrow. The toll reduction will cover all Passenger Vehicles (Class 1), Taxis (Class 4) and Buses (Class...
SK Hynix to make deep capex cut as virus spread threatens chip output
South Korea's SK Hynix , the worlds' No.2 memory chip maker, warned a new virus outbreak in China could pose a threat to chip production and said ...
Top U.S. fund firms split over new limits on shareholder votes
BOSTON (Reuters) - Pending U.S. securities rules that would limit shareholder proposals have divided passive and active U.S. fund firms as some take a harder line on issues like climate change.
Volkswagen offers to buy all of Navistar for $2.9 bn
German auto giant Volkswagen said Thursday it wants to buy the part of American truck maker Navistar that it does not already own for $2.9 billion.
Nubia executive teases smartphone with 80W fast charging capabilities
Earlier today (31st January 2020), Ni Fei, the CEO and Co-Founder of Nubia, shared a post on Weibo, a Chinese microblogging website, to tease an upcoming 5G smartphone with an impressive 80W fast charging capabilities. In the Weibo post, Ni Fei shared an image as well which contained certain details and statistics regarding a smartphone …
This Industrial Giant Is Giving Up and That's a Good Thing
After years of trying to turn things around, it's finally time to say goodbye to a struggling sector.
2020 predictions: 5 telling trends in 3D printing
Hype or new hope? Is 2020 the year 3D printing actually disrupts high-volume manufacturing?
Britain hails new start as it says farewell to EU
LONDON: Britain on Friday (Jan 31) ends almost half a century of integration with its closest neighbours and leaves the European Union, starting a ...
HUL reshuffles top management team
Narasimhan would replace Priya Nair, currently Executive Director - Home Care who moved as Executive Director - Beauty and Personal Care
Is this the most expensive bottle of liqueur in the world?
Suffolk auctioneers are toasting what they believe may be a record price for a single bottle of liqueur.
Goldman Sachs warns Wuhan coronavirus will hit US economic growth this quarter, Business Insider - Business Insider Singapore
Business Insider - Fewer Chinese tourists and a drop in US exports to China could weigh on the economy.. Read more at businessinsider.sg
10 things you need to know before the opening bell
Here’s what you need to know before the markets open:
Mediterranean refugee deaths drop but experts say risks remain
In the first month of 2020, at least 70 people drowned in the Mediterranean while attempting the perilous journey to Europe, the lowest level since 2014, the start of the refugee crisis.
5 ASX growth shares to boost your portfolio performance
Here's why I would pick A2 Milk Company (ASX: A2m) shares and these 4 other ASX shares to boost your portfolio performance.
ATA urges the Senate to vote 'no' on the Cash Ban Bill
"Some incredibly insightful individuals testified at the Cash Ban hearing on Thursday. The message was clear: any restriction on cash is an attack on economic freedom. Australians should be allowed to make legal purchases with the legal tender of their choice instead of being forced onto the banking system."
Economic Survey: Why erosion of taxpayers’ money in PSBs is a much deeper issue
While the Economic Survey helps in quantifying the loss, it fails to point out the graver issues at hand
The world's hypocrisy about Israel's occupation of the West Bank
Jewish settlements are not the primary obstacle to peace with the Palestinians.
50 Barron's 2020 Broker Picks: 31 Pay Dividends
Annual stock lists are fair game for Dog Catchers. This Barron's Roundtable 50 watchlist appeared in two weekly issues - 1/20 and 27/20.Barron's convened 10 veteran Wall Street investors and economist
National Statistical Office revises growth down to 6.1% for 2018-19
“Real GDP or GDP at constant (2011-12) prices for the years 2018-19 and 2017-18 stand at ₹139.81 lakh crore and ₹131.75 lakh crore, respectively.”
Boeing: A Lot Of Pain With Light At The End Of The Tunnel
Boeing experienced a great deal of pain last year due to its 737 Max issues.These problems have extended into 2020 and will likely persist during at least the first half of the year.The balance sheet
Companies in Beijing to resume work on February 10 due to virus fight: government newspaper
BEIJING (Reuters) - China’s capital Beijing said on Friday that companies in the province will postpone reopening until Feb. 10 in order to help prevent the spread of a new coronavirus, government newspaper Beijing Daily reported.
Government must unleash bold reforms to achieve 6-6.5% growth in FY21, say experts, industry
The chamber said as the Economic Survey is a precursor to the Union Budget, it expects some of the bold reforms highlighting trust, entrepreneurship and primacy of the market to be reflected in the Budget announcements. Leader Economic Advisory Services at PwC India Ranen Banerjee said attaining the projected growth rate of 6-6.5% will be challenging.
Bitfinex Users Can Now Trade Tether Gold Stablecoin Against Bitcoin
After launching trading of gold-pegged stablecoin Tether Gold last week, Bitfinex cryptocurrency exchange now allows users to trade Tether Gold against Bitcoin.
The pound rises as the UK bids goodbye to EU — but experts say to brace for an up to 7% drop if trade talks falter
The British pound is trading slightly higher as Britain gets ready to leave the European Union tonight.
Majority of Canadians 'satisfied' with the country's abortion policies: poll
A majority of the Canadian public are satisfied with the country’s abortion policies, a new poll says. The DART & Maru/Blue Voice Canada poll released on Friday says 75 per cent of Canadians were “satisfied” with Canada’s abortion policies, with 25 per cent indicating they are not satisfied. Like most countries, Canada’s abortion laws have evolved over …
ISRO readying low-cost satellite launch vehicles worth Rs 30-35 cr
ISRO has planned some 500 Polar Satellite Launch Vehicle launches in the next five years, a press release quoting Haridas said
ING the second Netherlands bank to turn to negative savings interest
Banking institution ING has become the second bank in the Netherlands to charge a negative interest rate on certain savings accounts. Customers will face a -0.50 percent interest rate for any amount
Do Not Put Ocean Power Technologies Stock in Your 401k
The Ocean Renewable Energy Action Coalition just launched. As a result, is Ocean Power Technologies and OPTT stock worth a look?
Ukraine sunseed, rapeseed harvest rises in 2019
KIEV, Jan 31 (Reuters) - Sunflower harvest in Ukraine, the world's biggest sunflower oil exporter, rose by 7.7 percent to 15.3 million tonnes in 2019, the state statistics service said on Friday.Ukraine has increased its sunoil exports by around 60% so far in the September 2019 to August 2020 season, to 1.96 million tonnes. It exported 6.063 million tonnes in the 2018/19 season, according to the Ukrainian sunoil producers' association.
Medal for former ECB chief Draghi divides Germans
Months after the end of his term as president of the European Central Bank, Italian economist Mario Draghi will receive Germany's highest honour ...
Dec core sector growth recovers to 1.3% on higher coal, fertiliser output
Production of crude oil, natural gas, and electricity contracted in the month under review
Canadian billionaire Lawrence Stroll leads group buying stake in Aston Martin
Stroll will become the iconic car company’s executive chairman; consortium, which also includes André Desmarais, will initially buy a 16.7 per cent interest with plans to raise that to 20 per cent
Tesla Management Talks Cybertruck, Model Y, Coronavirus, and More
Don't miss these must-read quotes from the electric-car company's fourth-quarter earnings call.
The pound rises as the UK bids goodbye to the EU — but experts say to brace for a drop of up to 7% if trade talks fail
If the UK ends up back with a so-called hard exit, "we would look for GBP USD to drop 5% to 7% taking us back towards $1.24," one analyst said.
PIC: Nyanga High Marist Brothers O’Level Students’ List Breaks The Internet With 19 As Topping
Nyanga High Marist Brothers O'Level Students BREAK The Net With 19As.
US GDP reverses rout ahead of gap risk
Higher than expected US GDP growth helped turn a European share rout into a US rally overnight. However a weaker inflation component to the national accounts spurred bonds higher. Industrial commodities fell further, and gold held higher ground, in clear signs of concern. Cautious Asia Pacific trading is possible ahead of key event risk over the weekend.
EUR/GBP on the defensive around 0.8400 ahead of Brexit
The continuation of the buying interest around the quid is forcing EUR/GBP to recede further ground and briefly test the area of 2020 lows near 0.8385
The worst start to a new year since 2016 – Rabobank
The CEEMEA currencies are on track to end January on the back foot marking the worst start to a new year since January 2016, writes Piotr Matys – Seni
USD/JPY pares early gains, turns flat below 109 ahead of US data
The USD/JPY pair struggles to make a meaningful recovery on Friday as investors continue to stay close to safe-haven assets such as the JPY amid heigh
London is Europe's best city to invest in and Manchester moves into the top 30 on the
London kept second place globally and first in Europe in the annual chart, which measures the attractiveness of major cities around the world for real asset investing.
Indonesia: Year in review 2019
Indonesia recorded year-on-year (yoy) growth of 5.02 percent in the third quarter of 2019, slightly down on earlier projections of 5.1 percent, as well as on second quarter levels of 5.05 percent yoy. This figure was the lowest rate of growth since mid-2017, as investment, household spending and government spending all saw subdued growth.
Opinion: Is Enmax paying its fair share into City of Calgary coffers?
For Calgary’s economy, 2019 was a terrible year, marked by ongoing troubles in the energy sector and a downturn in construction. Not surprisingly, the city’s weak economic performance h…
Fiscal deficit hits 132% of estimate till Dec on slow revenue collection
The government aims to restrict the gap at 3.3 per cent of the GDP or Rs 7,03,760 crore in the year ending March 2020
Boeing Credit Rating Slashed Amid Plane Maker’s Ongoing 737 MAX Fiasco
Moody's warns Boeing also remains
AUD/USD keeps the red near multi-month lows, around 0.6700 mark ahead of US data
The AUD/USD pair maintained its offered tone through the mid-European session, albeit has managed to rebound around 15-20 from near four-month lows to
EUR/JPY flirts with the 100-day SMA near 121.30
The better tone surrounding the European currency is sustaining the uptick in EUR/JPY to the 120.30 region, where sits the initial barrier at the 100-
World Bank calls for stronger tax collection to bring 115 million Indonesians into middle class
World Bank acting country director for Indonesia Rolande Pryce said the government’s plan to relax corporate income tax, among other things, would reduce the tax-to-GDP ratio by 0.5 percent. Indonesia’s tax to GDP ratio stands at 10.7 percent in 2017, the lowest among regional peers.
Economic Survey 2020 explains why the rich are good for economy
Economic Survey 2020: Survey says wealth created by entrepreneurs correlate strongly with wealth created by employees, and that greater wealth creation in a market economy enhances welfare for all
‘Rich people own stocks. Poor people own houses’
A roundup of what The Globe and Mail’s market strategist Scott Barlow is reading today on the Web
Stage set for gradual recovery in broader markets over next year: Sunil Subramaniam, Sundaram MF
Things are not going to recover right from tomorrow but over the next three to six months, one can definitely see the underpins of an economic recovery, says Sunil Subramaniam, MD & CEO, Sundaram Mutual Fund.
As Trade Tensions Ebb and Chip Prices Recover MU Stock Is a Buy
After being battered by market forces and a trade war for over a year, Micron is positioned for growth, and that should propel MU stock.
Plug Power - Business Update Call Takeaways - Company Signs Third Anchor Customer
Discussing key takeaways from Thursday's business update call. Company reported FY2019 gross billings at the lower end of the projected range and guided for approximately 27% top-line growth and mater
Goldman Sachs warns Wuhan coronavirus will hit US economic growth this quarter
Goldman Sachs warned on Friday that Wuhan coronavirus is likely to hit US economic growth.
Bold reforms needed to achieve 6-6.5% growth in FY21: Experts, industry
Leader Economic Advisory Services at PwC India Ranen Banerjee said attaining the projected growth rate of 6-6.5 per cent will be challenging
SK Hynix to make deep capex cut; virus spread may threaten chip output
SEOUL (Reuters) - South Korea’s SK Hynix, the world’s No.2 memory chip maker, warned a new virus outbreak in China could pose a threat to chip production and said it would sharply reduce annual investment after posting a steep fall in quarterly profit.
It Grows
Evil had a great holiday season: Amazon now has over 150 million Prime subscribers, the company announced in Q4 2019 numbers released on Thursday. The massive growth numbers sent the company’s market cap surging to over $1 trillion (£761 billion) and made CEO Jeff Bezos an estimated $13.2 billion (£9 billion) in a matter of minutes.
What every Canadian investor needs to know today
A look at the morning’s market action
Housing corporations not building enough homes, regulator says
Housing corporations are still failing to build enough homes, according to a report by the Housing Corporation Authority, part of the Human Environment and Transport Inspectorate. The "State of the
Police confirm arrest of 18-year-old for allegedly raping 70-year-old grandmother
The police in Plateau on Friday confirmed the arrest of an 18-year-old man, Marvellous Luka, who allegedly raped his 70-year-old grandmother.
Eskom warns SA to brace for more frequent power cuts
The country has been contending with an energy deficit since late 2005.
Overnights: Colors leads on Thursday; Star Plus dwindles but stays No.2
'Bigg Boss 13' kept Colors strong on Thursday in UK.
Infor strikes cost-saving partnership with Wellington-Altus
The partnership is a return to a full-service approach that’s worked in the past for founders of both Wellington-Altus and Infor, who came from large investment banks with significant wealth-management divisions
UK and EU prepare for next Brexit phase - a trade deal
As London hopes for a "zero-tariff, zero-quota trade agreement" post-Brexit, Brussels is insisting on a "level playing field". Meanwhile, British bankers are counting on maintaining their access to E…
Warren Buffett's big Amazon investment is finally paying off, 8 months after he lamented not buying sooner (AMZN, BRKA)
Warren Buffett spent years watching Amazon soar from the sidelines, before his holding company Berkshire Hathaway started purchasing shares earl...
Three males arrested in connection with burglaries after Garda pursuit on M1
Following reports of a number of burglaries in the Blackrock area, Gardaí on night patrols, with the assistance of the Air Support Unit monitored traffic and carried out patrols of the area.
How major US stock indexes fared Friday
Stocks fell sharply on Wall Street Friday as investors feared that a virus outbreak that originated in China will dent the global economy. Technology companies, which do a lot of business with China, led the losses. Airlines fell after Delta and American suspended flights to and from China. The sell-off erased the S&P 500’s gains …
tZero to Launch Broker-Dealer, Seeks Fund from External Sources
tZero, the blockchain subsidiary Overstock, is planning to launch its retail broker-dealer platform called tZero Markets.
Market LIVE: Sensex, Nifty subdued as Economic Survey throws fiscal, economic challenge for government
Around 3.15 PM, S&P BSE Sensex was trading 0.51 per cent or 209 points lower at 40,703.84 while broader Nifty 50 index breached the crucial 12,000-mark and was ruling at 11,955 points
Notable turnaround in mineral production due to policy reforms: Survey
India produces as many as 95 minerals which include 4 hydrocarbon energy minerals, including coal and lignite; 5 atomic minerals, 10 metallic, 21 non-metallic and 55 minor minerals.
French and Italian economies shrink as Eurozone slows
The French and Italian economies both unexpectedly contracted in the final quarter of the year as the struggling Eurozone caps off a year of weak growth.
BOJ warns of cyber-attack vulnerability ahead of Olympic Games
The increasing threat of cyber-attacks has prodded the Bank of England
Mobile money transactions now at 721 million – Techjaja
Uganda’s mobile financial sector has been growing with increasing number of mobile money subscribers ever since its inception. Uganda Com
American Airlines, mechanics union reach tentative US$4.2 billion contract deal
American Airlines Holdings Inc and its mechanics union announced tentative joint collective bargaining agreements on Thursday covering five ...
Parliament approves additional UGX 164b for health sector
Kampala, Uganda | THE INDEPENDENT | Parliament has approved an additional budget of 164.05 billion shillings to the health sector in the financial year 2020/2021. This followed the adoption of the Budget Committee report on the National Budget Framework Paper in which Members of Parliament recommended additional funds for different activities under the health sector. The …
Warren Buffett’s lesson for companies: keep candid
Apple, Facebook and Microsoft are among the groups depriving investors of information
Too soon to tell economic impact of Wuhan coronavirus on China: IMF chief
It is still too soon to gauge the economic impact of the virus outbreak on China's economy, beyond the first three months of the year, ...
ABN Amro signs cloud and DevOps deals with Indian vendors Infosys and TCS
Infosys has signed a multi-year, multi-million euro contract with ABN Amro Bank to accelerate its cloud and DevOps transformation journey. The Dutch bank has also signed a separate cloud migration and DevOps deal with fellow Indian vendor Tata Consultancy Services.
These 3 Numbers Explain Why Amazon Is Dominating Everything Right Now
Amazon's best-ever quarter is about these three things.
Sensex drops 190 points; Nifty ends below 12K
All eyes have now turned to the Union Budget, scheduled to be presented on Saturday.
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
India forecasts faster economic growth, warns of fiscal challenge
The government estimates GDP will grow 5% this fiscal year, which ends on March 31. That would be the slowest growth since the global financial crisis of 2008-09
How the iPad quietly transformed computing
10 years after launch, some analysts say the device hasn't proven to be as revolutionary as its initial promise. Really?
Hong Kong stocks close lower
HONG KONG, Jan 31 — Hong Kong shares closed down today, shedding their earlier gains and adding to a dismal week on one of Asia’s biggest bourses. The benchmark Hang Seng Index fell 0.52 per cent, or 136.50 points, to close at 26,312.63. Mainland Chinese markets were still closed for the...
Demand for face masks, hand sanitisers soars
KUALA LUMPUR: The rising fear among the public over the novel coronavirus (2019-nCov) has caused a high demand for surgical face masks and hand sanitisers over the last few days.
The Next AMD Stock Buy Opportunity is Coming … Just Not Yet
Longer-term AMD stock investors have every reason to see more upside in shares, but trimming risk and waiting to accumulate shares on a more meaningful correction is smart business today.
House Prices, Rent Dip In Nairobi As Landlords Become Less Demanding
House prices and rents in Nairobi dropped marginally for the year 2019, a new study by realtor HassConsult has revealed.According to the study, rents dipped by 2.1 per cent in Nairobi while those
Indiana University’s Big Red 200 Supercomputer Will Rock NVIDIA Ampere GPUs And AMD EPYC Rome Crusher CPUs
The Big Red 200 supercomputer at Indiana University is going to be upgraded with NVIDIA's upcoming Ampere GPUs this summer.
Football: Untiring veteran Hilton ready for Neymar clash and determined to keep going
Most footballers his age have long since hung up their boots, perhaps moved into management or punditry. But Vitorino Hilton, who turns 43 later ...
Economic survey: Slowdown bottomed out, uptick from here onwards, says CEA
The Economic Survey 2019-20, prepared by a team lead by Subramanian, has projected the GDP to expand in the range of 6-6.5 per cent during 2020-21
1% Bitcoin No Longer ‘Crazy’ for Portfolios, Says Morgan Creek CEO
Morgan Creek founder and CEO Mark Yusko says Bitcoin is one of the most asymmetric assets he has ever seen in his career as a fund manager.
Economic Survey 2020 to give roadmap for $5 tn economy
Coming at a time when India's nominal economic growth, not adjusted for inflation, has been the worst in 42 years, the Economic Survey, to be presented in parliament by around 12.30 pm, is hugely
ANZ NZ Roy Morgan Consumer Confidence
The ANZ-Roy Morgan Consumer Confidence Index was unchanged at 123 in January, a solid level. Households aren’t gung ho, but are feeling resilient.
Nexus guarantees European prices ahead of Brexit
Nexus Collections is freezing all prices ahead of the UK leaving Europe on 31st January, 2020. Any potential increased costs in terms of products, delivery or overhead that are a direct result of Brexit will be absorbed by Nexus Collections, a leading supplier of conference bags and conferences supplies. As a leading provider of conference supplies, such as bags and promotional items, including sustainable goods, Nexus Collections sources products from a number of destinations and delivers them to countries all over
Rly passenger volume up by 1.85%, freight loading rose by 5.34% in 2018-2019: Eco Survey
Commenting on the cleanliness parameters of the national transporter, the survey stated that for railways which covers over 8,700 stations and carries around 230 lakh passengers daily with clientele of varied socio-economic backgrounds, cleanliness was a continuous process.
Eurozone economy barely grows in Q4 as France, Italy shrink
BRUSSELS — The eurozone economy, made up of the 19 countries that use the euro, barely grew in the final quarter of 2019 as both France and Italy contracted, official figures showed Friday. In its first estimate for the quarter, statistics agency Eurostat said the eurozone grew by only 0.1% from the previous three-month period. …
Tax rule changes mean millions of people will get an extra £104 a year from April
31 million people will see some extra cash in their accounts
How to remove a big obstacle to buying a house: debt
It’s not impossible to buy a house if you’re in debt, it’s just more challenging. Here are some steps to take.
Rural students spend more than urban counterpart on books, stationery, uniform: Eco Survey
As per the Economic Survey 2019-20 tabled in the Parliament by Finance Minister Nirmala Sitharaman, the absence of suitable financial support system and high burden of course fee, especially in higher education, pushes the poor and underprivileged out of the education system.
Eco Survey has right vibes; will Budget reflect same thinking, asks D-Street
Here is what economists and analyst read into the fine prints of the survey.
Franco-British trade: Brexit and the uncertain future of the Entente Cordiale
Right now, the European Union is the UK's largest trading partner, with France and Britain in particular enjoying extremely close economic ties. But can that continue post-Brexit? With the nature of…
Rare-earth miner Lynas to build waste treatment plant in Malaysia
Rare-earth mining firm Lynas has reached a deal with the Malaysian state of Pahang to build a waste treatment plant in the country.
Market Wrap, Jan 31: Sensex tanks 190 pts, Nifty below 12K ahead of Budget
State Bank of India posted a 41 per cent year-on-year growth in the standalone net profit at Rs 5,583 crore - its highest ever quarterly net profit-- for the December quarter of FY20
Musk says Tesla is closing in on the 400-mile range mark
According to Musk, Tesla's battery cell technology has improved and is improving at such a rate, that it won't be much longer until it launches a 400-mile range Model S
QFMA to further boost Qatari capital market: CEO
The Qatar Financial Markets Authority (QFMA) is working to further improve the performance of Qatar’s capital market, which has previously been ranked among top 10 financial markets in the world in various indicators related to measuring capital market performance.
A projector had far too much fun with car tech
Stop it. You can fool a Tesla Autopilot system with a projector?
Megallan Midstream reports weaker net income for fourth quarter, year over year
TULSA — Market-to-market commodity-related adjustments pushed Magellan Midstream Partners’ net income lower in the final quarter of 2019, the company reported on Thursday. Before markets opened, the company reported it earned a fourth-quarter net income of $286.4 million, or $1.25 per unit, on total revenues of about $740.7 million. In the fourth quarter of 2018, it had earned a net income of $314.1 million, or $1.38 per unit, on total revenues of about $865.7 million. Company officials said Magellan’s distributable cash flow for the fourth quarter of 2019 was a record $357.8 million, compared to $302.4 million the same period the previous year. As for the full year, Magellan reported a net income of about
Short-term labour shortages on cards for Suffolk and Norfolk farms post-Brexit
East Anglia's farmers are set to count the cost of Brexit with a labour squeeze and higher costs - although there will be opportunities to develop stronger domestic supply chains, a report suggests.
Guard poisons Nyambirai’s 544 cattle
Businessman Mr Tawanda Nyambirai lost 123 cattle worth nearly $1,4 million after his security guard allegedly laced stockfeeds with a poisonous herbicide, for undisclosed reasons.
Mercedes-Benz X-Class production to end in May 2020?
The Mercedes-Benz X-Class was officially revealed in July 2017 and since its official launch it has sold 15 300 units worldwide.
Podcast: Economic Survey (Round-up)
The Economic Survey stated that the Indian economy is expected to grow 6-6.5 percent in 2020-21.This GDP growth forecast is seen as somewhat ambitious, given that Indian economy is widely expected to
'Old Slogans and Old Cliches': India's Ex-Finance Minister Slams Gov't Approach to Economic Slide
New Delhi (Sputnik): The Indian economy's growth rate witnessed a six-year low in the second quarter (July-September) of 2019; the Reserve Bank of India has cut the year's growth projection to 5 percent from the 6.1 percent projected in October 2019.
Viral video: Jharkhand’s forest dept uses Archimedes principle to rescue elephant stuck in well
Jharkhand's forest department was praised online after the rescue team used Archimedes principle to rescue an elephant calf stuck inside a well in the state's Gumla district.
Macy's: An Iconic Brand Is Trading At A Discount
When an icon is on sale, you buy it.Macy's offers a dividend yield above 8%. The dividend is well covered with a payout ratio below 50%.Macy's online strategy is paying off. The iconic name helps both
Economic Survey launches 'Health Score' to detect liquidity issues in NBFCs
A sudden payment default without any prior warning by Infrastructure Leasing and Financial Services (IL&FS) in August 2018 had triggered panic and caused liquidity crisis in the NBFC sector
Stonewall Top 100: British Military Services Fall In 2020 Employer Rankings
All three services have ranked worse in this year's list, compared to 2019.
How ‘Embedded’ Payment Providers are Transforming Fintech
Behind-the-scenes payments providers could be moving Big Tech further toward financial services.
Market Highlights: Sensex slips 190 points, Nifty ends below 12,000 ahead of Budget 2020
Share Market, Stock Market Highlights: Everything that happened in the markets.
Budget session should be focused on economic matters: PM Modi
He also said that the session should be focused on economic matters and how India can take advantage of the current global economic situation.
Is India's GDP growth overstated? Economic Survey counters Arvind Subramanian, others
Beginning from Arvind Subramanian, several economists and international agencies have raised doubts over India's GDP growth rate figures in past one year. The Economic Survey 2020-21 rejects the charge.
Even This Cheap, It’s Hard to Make a Case for Chesapeake Energy Stock
Could Chesapeake Energy stock rally 20% to 30% from here? Yes. But that doesn't mean CHK stock doesn't have risks. In fact, far from it.
CBR preview: Dealing with more uncertainties – Nordea
Analysts at Nordea Markets expect the Central Bank of Russia to leave its key rate unchanged at 6.25% at its meeting next Friday but maintained their
112 layer flash to be sampled in Q1
Kioxia, the renamed Toshiba, says it will sample a 112-layer TLC flash in Q1. It is the fifth-generation BiCS FLASH 3D flash memory.
Meet The Imperial Japanese Plane That Terrified The Allies
The Zero was the pinnacle of Japanese technology.
Nubia Red Magic 5G: CEO Teases 80W Fast Charging Technology - Gizchina.com
This morning, Ni Fei, the CEO and co-founder of Nubia, did indeed post something very interesting. It's a photo of the Nubia Red Magic 5G gaming
Sexual assaults rise at US military academies: Pentagon
Incidence of sexual assault in US military academies rose again last year, the Pentagon said Thursday, despite efforts to combat the problem.
USD/CNH now eyes the 7.04 area – UOB
Following the recent price action, FX Strategists at UOB now see USD/CNH attempting a move to the 7.04 region in the next weeks. Key Quotes 24-hour vi
Report: Family farm bankruptcies jumped 20% in 2019
2019 was a tough year for American farmers. U.S. farm bankruptcies jumped 20 percent last year.
Cutting down waste: Jakarta's traditional markets to drop single-use plastic bags by July
As an alternative, vendors are expected to educate and provide their customers with ecofriendly bags.
Loving Go Soul Searching on If I Am Only My Thoughts
The album shimmers when it still needs some tarnish.
Taliban’s Continued Attacks Show Limits of U.S. Strategy in Afghanistan
The number of attacks, detailed in a quarterly inspector general report, highlights once more the disparity between talking points and the reality on the ground.
Global smartphone sales of 2019 revealed, with Apple taking top spot in Q4 2019
With 2019 over, it was only a matter of time before analysts shared the big numbers for 2019. Research organisations have provided a few interesting facts to chew on, such as how Samsung still holds the largest smartphone market share, Huawei overtaking Apple for the overall second spot, and Apple managing to snag a top spot for Q4 2019.
Rockwell Automation Puts Up A Decent Quarter In A Challenging Macro Environment
Rockwell did miss at the segment profit line, but revenue was better than expected and full-year guidance was maintained.Rockwell's digital efforts seem to be gaining some traction, and it looks like
Buy the Bloodshed in Twitter Stock After the Q4 Earnings Release
Twitter stock tumbled badly following the underlying company’s Q3 earnings report and unfortunately, Q4 may not be so hot either. But there are enough positives in this story to warrant a contrarian mindset.
Delhi Polls 2020: BJP promises clean water, cheap wheat flour, jobs in its manifesto
Manoj Tiwari said that if BJP forms the next government in Delhi then people will get clean water in their taps and the dependency on water tankers will become zero.
Eurozone Preliminary CPI rises 1.4% YoY in Jan, meets estimates
According to Eurostat’s flash reading of Eurozone CPI report, the annual reading came in at +1.4% in October, meeting expectations of +1.4% and +1.3%
Economic survey predicts GDP to be between 6 and 6.5%, wants government to deliver expeditiously on reforms to revive growth
The Economic Survey 2019-20 tabled in the parliament on Friday predicted the GDP growth between 6% and 6.5% in the fiscal year starting 1 April.
U.S. could face difficulties sanctioning Danske over money-laundering: report
COPENHAGEN (Reuters) - U.S. authorities could face difficulties fining Danske Bank (DANSKE.CO) over its involvement in suspected money-laundering in Estonia, according to a report by S&P Global Market Intelligence.
It Grows
Evil had a great holiday season: Amazon now has over 150 million Prime subscribers, the company announced in Q4 2019 numbers released on Thursday. The massive growth numbers sent the company’s market cap surging to over $US1 ($1) trillion and made CEO Jeff Bezos an estimated $US13.2 ($20) billion in a matter of...
Eurozone Preliminary GDP arrives at 0.1% QoQ in Q4, misses estimates
The Eurozone economy eased its pace of expansion at 0.1% on quarter in the three months to December of 2019, missing +0.2% expected, the first estimat
India must focus on network products to export like China: Economic Survey
Among the major Asian countries, India and Indonesia are the only ones with a trade deficit in such products
Localized Peer to Peer Lender Folk2Folk Reports Record Amount Invested via IFISA
Folk2Folk, a localized peer to peer lending platform, is reporting a "record year" regarding its Innovative Finance ISA (IFISA) offering during 2019. The comp
LG lost over $850 million through its Mobile Division as sales fall in 2019
LG has recently revealed its financial report for the Q4 of 2019. In the final quarter, the company saw a massive loss as its mobile division continues to deteriorate in the smartphone industry. According to the report, the South Korean tech giant saw a loss of over $850 million in Q4 of 2019 as sales …
Companies' Sensex tenure pared by 80% post liberalisation: Economic Survey
Higher dynamism has helped the emergence of new firms which have challenged the old order, survey notes
Zameen.com synergises data, technology and expertise to reboot Pakistan's property sector
The game-changing tool Property Bank aims to make unaddressed property listings approachable
Americans spent at slowest pace in 3 years in 2019, threatening powerhouse of US economy
Consumer spending is closely watched because it drives about two-thirds of gross domestic product. But there are signs that households are start...
Tech Mahindra Q3 net profit slips 5% YoY to Rs 1,146 crore, revenue up 8%
In constant currency terms, revenue grew 4.3 per cent. In US dollar terms, revenue rose 5.1 per cent to $ 1,353 million.
Coca-Cola: A Solid Quarter, But Coke Is Maxed Out
Coca-Cola wrapped up its FY2019 with a solid quarter that saw organic revenues surpass analyst estimates.While the balance sheet is reaching an inflection point that should see deleveraging results in
Sterling extends gains after BoE keeps rates on hold
LONDON, Jan 31 — The British pound extended its rally today for a second consecutive day following the Bank of England’s decision to keep interest rates steady on signs of a post-election pick-up in growth. But analysts said the rally may be short lived. The United Kingdom exits the European...
BofA sees Eskom among risks to spoil brief SA rally
'Investors are getting impatient and are looking for opportunities elsewhere' – investment strategist.
The Flippening: Stablecoins’ Transfer Value On The Ethereum Network Just Surpassed ETH
Stablecoins now have a larger share of value transferred on the Ethereum network than its native cryptocurrency – ETH. Even though the continuously
EA will release 4 new non-sports games before the end of March 2021
EA has revealed a simple outline of its plans for this fiscal year.
Canada lags behind peers in doctors per capita, but average in physician visits
TORONTO — Canada lags well behind all but the United States among 11 of the wealthiest nations when it comes to the number of doctors per capita, a new report indicates.The analysis by the . . .
Haj cost for Muassasah pilgrims remains RM9,980, says Mujahid
KUALA LUMPUR, Jan 31 — The cost for each Muassasah Haj pilgrim to perform the Haj this year will remain at only RM9,980 from the actual cost of RM22,900, Minister in the Prime Minister Department Datuk Seri Mujahid Yusof Rawa. He said the remaining cost of RM12,920 for each of the 31,600...
US wants to hike NHS drug prices in a Brexit trade deal, top diplomat declares
Sir Kim Darroch, who was our man in Washington, said 'of course' the US wants higher drug prices when it sells to the UK - despite Boris Johnson dismissing the claims as "nonsense"
Swiping their way higher: Visa, Mastercard could be the next US$1 trillion companies
Tech and internet titans were the first to reach US$1 trillion in stock market value, but the next U.S. companies that could do so are better ...
Pound-to-New Zealand Dollar Rate Risks Correction as RBNZ Shifts into "Neutral" Gear
The British Pound Sterling vs the New Zealand Dollar: Latest GBP/NZD News and Analysis
Dancing On Ice's Hamish Gaman breaks silence after 'parting ways' with Caprice Bourret
He's insisted he is "not okay"
Consumers relatively upbeat in latest confidence index
Low interest rates and a stronger housing market are keeping consumers relatively buoyant. The ANZ-Roy Morgan Consumer Confidence Index was unchanged at 123 in January, sitting around its best level in more than a year. Consumers were slightly less optimistic about their current position but are slightly more upbeat about the longer term, and more think it's a good time to buy a big-ticket item. "New Zealand consumers are feeling pretty alright about things at the moment - the labour market remains tight, interest rates are low and the housing market is lifting again," ANZ's chief economist Sharon Zollner said. She said the lift in the housing market was likely behind the rise in those thinking its a good time to buy a major household item, which in turn would support the retail sector.
Municipalities approve Eneco takeover by Mitsubishi despite WWII history
A majority of Eneco's shareholders approved the sale of the energy company to Japanese companies Mitsubishi and Chubu. Now that the municipality of Rotterdam has given the green light, the holders of
2019 novel coronavirus: A chronology
KUALA LUMPUR, January 31 — Following is the chronology of events relating to the threat of the 2019 novel coronavirus (2019-nCoV). The virus, which originated in the city of Wuhan, China, can cause severe respiratory illness, including pneumonia, with fever, cough, breathing difficulty. December...
Credit rating agency S&P expected to keep Turkey's outlook unchanged
The U.S.-based international credit rating agency Standard & Poor's S&P is expected to keep Turkey's credit ratings and the overall outlook...
Agricultural Commodities May Be Misreading The Coronavirus
Agricultural commodities are selling off due to poorer-than-expected import quotas regarding the U.S-China trade deal.China and India have skyrocketing food prices that will likely only accelerate hig
Coronavirus Outbreak Sends European Stock Markets Into Tailspin
On Monday, US stocks posted their biggest downturn since October 2019 due to fears of the economic impacts of the new SARS-related virus that recently emerged in central China.
Amazon's Jeff Bezos, already the wealthiest person on the planet, just got billions richer
Jeff Bezos, the world's richest person, got billions richer in minutes Thursday as Amazon shares soared in extended trading on news of a killer quarter driven by strong holiday sales.
November GDP beats expectations, but... – RBC
According to Josh Nye, Senior Economist at Royal Bank of Canada (RBC) Economics, a modest upside surprise in November GDP does little to change the na
Survey suggests scrapping of 'anachronistic' Essential Commodites Act 1955
"As the conviction rate, however, is abysmally low and raids have no impact on prices, the ECA only seems to enable rent-seeking and harassment. The Survey provides clear evidence that the case for jettisoning this anachronistic legislation is strong," the document said.
Bitcoin Will Be $8 Trillion Economy by 2030, Top Wealth Manager Explains Why
Bitcoin could become an $8 trillion asset by 2030, according to Andy Edstrom of California-based WESCAP Group. The wealth manager said the cryptocurrency
Fidelity Bank reports a 28.5% increase in profit for FY 2019
Earlier today, Fidelity Bank Plc announced its unaudited financial reports for the period ended December 31st, 2019.
Ferry contract awarded to Polish shipbuilder that built Salish-class vessels
B.C. Ferries has awarded Remontowa Shipbuilding of Gdansk, Poland, a $92.3-million contract to build an additional liquefied natural gas-fuelled ferry to be delivered in 2022.The new vessel, which . . .
Japan Airlines: 25% of reservations for China flights canceled in past 10 days
TOKYO (Reuters) - Japan’s second-biggest carrier, Japan Airlines Co, has seen 25% of reservations for China flights canceled in the past 10 days, an executive said on Friday, amid growing concerns over the coronavirus epidemic.
Economic Survey 2020 calls for better efficiency at public sector banks
For FY19, PSBs had made a collective loss of Rs 66,000.
Samsung Galaxy S10 Lite and Note10 Lite To Be Available from RM 2299; Pre-Orders Receive Free Galaxy Fit
Samsung has officially announced that it will begin to offer the new Galaxy S10 Lite and Galaxy Note10 Lite in Malaysia starting from 7 February 2020.
A positive, but cautious outlook for M&A activity in 2020
After recent surges in activity in 2018 and 2019, New Zealand’s M&A activity is expected to slow down in 2020, with processes taking longer, and some deals failing to complete.
Mr Eazi Heats Things Up With "Kpalanga"
Mr Eazi is back with his latest track. Mr Eazi has the golden touch on any record he touches. The afrobeats superstar has gained a serious amount of prominence in the last few years while also treading international grounds including in the US. 2019 was a huge year for him, as well. Appearing on Bey...
Apple's impressive earnings, promising patents, and new acquisitions on the AppleInsider Podcast
Victor and William discuss the unexpectedly impressive Apple Q1 2020 earnings call, what happens when Apple acquires a company, and what a future iPad may be able to do with William's handwriting.
Statistics Canada says GDP edged up 0.1 per cent in November
The Canadian economy edged higher in November, reversing most the decline seen in October, as cold weather helped boost the utilities sector and the construction and retail sectors also gained ground.
It may be controversial but the Huawei 5G deal is vital for Brexit Britain’s trading future ǀ View
If Johnson succeeds, Brexit Britain will be one of the few places in the world with preferential trade with the world’s two superpowers. The battle lines in the US-China trade war mean any country that is on good trade terms with both will have an almost unique competitive advantage.
Hawaiian Airlines posts earnings jump while keeping eye on China virus | Honolulu Star-Advertiser
Hawaiian Airlines’ earnings soared 57.2% in the fourth quarter despite increased capacity that included additional competition from newcomer Southwest Airlines.
Ziopharm Stands Out, But Still Riskier Than Cellectis
Ziopharm’s TCR approach targets solid tumors by recognizing neoantigens unique to each patient's cancer.The Sleeping Beauty solid tumor treatment is still autologous and doesn’t address cost issues pl
Wars and viruses: Are robots less prone to market panic?
LONDON (Reuters) - Widely blamed for volatile “flash crashes” in currencies and equities, high-frequency algorithms may also be why shock global events, including the current coronavirus, seem to have lost their power to spook markets for any length of time.
Neither icing nor a cake – Rabobank
Analysts at Rabobank offered a review of Friday's Eurozone GDP figures, which showed that the economy grew by 0.1% q-o-q in the fourth quarter of 2019
WTI drops below $52.00 and challenges 2020 lows
Prices of the barrel of WTI are losing further ground at the end of the week and are trading at shouting distance from yearly lows in sub-$52.00 level
Turkey's 2-year benchmark bond yield drops to single digits
The two-year benchmark bond yield has fallen to single digits for the first time since November 2016
This US-based startup helps acquire new skills at affordable prices; check details
With offices in Bengaluru and the US, Springboard has got 15,000 students in over 100 countries around the globe, of which 80 per cent are in the US
U.S. commerce secretary says coronavirus will help bring jobs to North America
U.S. Commerce Secretary Wilbur Ross said Thursday he believed the coronavirus outbreak that has left millions under lockdown in China will help return jobs to the U.S. and Mexico.
Microsoft NieRly Stopped Platinum from Developing on PS4
Xbox was looking to buy Japanese dev
Aston Martin won’t release EVs until it’s financially stable
Following an emergency investment, Aston Martin says it likely won't make any EVs until after 2025.
Non-food credit growth slides to 7% in Dec 19 from 12.8% a year ago
All four categories - agriculture, industry, services and retail - segments showed deceleration in credit growth
Samsung Galaxy A51 & A71 first impressions: Applying the secret sauce
In the past, it was always a little hard to recommend mid-range Samsung smartphones. Despite being the largest smartphone maker in the world, with a wealth of products across pretty much every price point and major market, Samsung’s affordable devices always scored poorly on the price-to-performance scale.
Pace of road construction less than half that of 2018-19: Economic Survey
Per-day construction drops from 29.7 km in FY19 to 12.7 km in first six months of current fiscal
Bitcoin Price Pulls Back to $9.2K, BTC Realized Cap Hits All-Time High
Bitcoin price hitting a 3-month high on rising volume hints at a bullish trend that puts $10K within reach.
Apple supplier Japan Display secures $936M bailout from Ichigo
Japan Display has been given a much-needed bailout, agreeing on Friday to an investment of up to 100.8 billion yen ($926 million) from Ichigo Asset Management, funds that will help keep the beleaguered Apple supplier in operation.
GE Keeps Proving The Doubters Wrong
GE posted better than expected earnings and cash flow in the fourth quarter of 2019. Management expects free cash flow to rise to between $2 billion and $4 billion in 2020, despite headwinds from asse
4.5 Years Later and Microsoft Reportedly Hits Its Goal of 1 Billion Windows 10 Devices
4.5 Years Later and Microsoft Reportedly Hits Its Goal of Powering 1 Billion Windows 10 Devices, the Company's Italian Website Confirms.
Steel & Tube expecting large first half loss
One of the the country's largest steel manufacturers says adverse trading conditions will result in a large first half loss. Steel & Tube warned in November that its first half result would be less than last year's profit, but conditions were worse than expected, further impacting sales revenue and volumes. It was now forecasting a loss in underlying EBIT (earnings before interest and tax) of between $36 million and $37m in the six months to December, compared with a $9.8m underlying profit the year earlier. The result included non-cash charges of $37m related to a write-down in the company's goodwill, as well as $2m in restructuring costs and $2m in debt write-offs. The bottom line would be further affected by another $2m to $3m charge resulting from changes in tax accounting.
Hitachi makes US$5 billion offer for full control of industrial gear unit
Hitachi Ltd said on Friday it would spend 531.1 billion yen (US$4.84 billion) to take full control of industrial equipment unit Hitachi ...
I would have classified the banks into three Tiers - Mahama
news, story, article
Global thermal coal prices to fall following coronavirus outburst in China
Thermal coal imports into China are also likely to slow for a time. Already there are reports of Indonesian coal producers being asked to delay loadings. As the largest supplier of coal to China, Indonesia has the most to lose if the situation worsens and electricity demand weakens.
Tesla’s Giga Shanghai formula is a trump card for the EV revolution
In its Q4 2019 Update Letter, Tesla stated that it can comfortably deliver 500,000 vehicles in 2020, and a lot of this will be due to the Model 3 ramp in Gigafactory Shanghai and the Model Y ramp in Fremont. While Tesla’s revenue, production numbers, and cashflow were in the spotlight in the Q4 Update […]
Bitcoin Price Pulls Back to $9.2K, BTC Realized Cap Hits All-Time High
Bitcoin price hitting a 3-month high on rising volume hints at a bullish trend that puts $10K within reach.
Tax rule changes will see millions handed an extra £104 from April
31million people will see a cash boost - this is why
Lucrative speaking circuit helps David Cameron bank £836,000 profit in a year
Former prime minister Theresa May also earned close to £400,000 in the month of December alone through speaking engagements.
Market movers: Stocks that saw action on Friday - and why
A roundup of some of the North American equities making moves in both directions today
India bans export of protective masks, clothing amid coronavirus outbreak
India on Friday banned the export of personal protection equipment such as masks and clothing amid a global coronavirus outbreak. It did not give a reason for the ban but it reported its first case of the new coronavirus on Thursday, a woman in Kerala who was a student of Wuhan University in China.
GDP growth for 2018-’19 revised downwards to 6.1%
Earlier it was estimated to be 6.8%. However, slowdown in mining, manufacturing and farm sectors forced the National Statistical Office to change the figures.
Wipro CEO And MD Abidali Z Neemuchwala To Step Down Due To Family Commitment
The Wipro Board of Directors has also initiated a search to identify the next Chief Executive Officer
8 Super Bowl commercials to keep the game interesting
These sweet, inspiring and silly commercials are Super Bowl stars.
Invest or develop at the heart of Dunedin’s university precinct - Colliers
A superbly located property at the heart of Dunedin’s university precinct is for sale with vacant possession, providing multiple options for developers or add-value investors.
Slowdown bottomed out, GDP expected to grow at 6.5 per cent: Chief Economic Adviser
The Economic Survey has projected the GDP to expand by 6-6.5 per cent
Canada’s economy bucks forecasts, posts surprise gain
Statistics Canada says GDP grew by 0.1 per cent in November despite impact of rail strike, pipeline disruption; economists had expected no increase for the month
Unilever Plans to Dump PG Tips as Tea Sales Fall
Enormous international conglomerate Unilever has had enough of selling tea bags to British people, and is trying to offload its PG Tips and Lipton brands in the face of falling overall sales of tea products. It probably should've kept that to itself before trying to negotiate a price.
Gold steadies around $1,580, looks to post highest monthly close since April 2013
After closing the previous day with small losses near $1,570, the XAU/USD pair edged higher on Friday and remains on track to register its highest mon
Eaton maintains its B-BBEE Level 1 status
Eaton has maintained its B-BBEE Level 1 status for the third year in a row setting the lead amongst the top power management companies in South Africa.
Nairobi-based lobby urges Treasury to rescind decision on implementation of turnover tax
NAIROBI, Kenya, Jan 31 – A Nairobi based lobby group representing small traders has appealed to the Ministry of Treasury to halt the implementation of the Kenya breaking news | Kenya news today |
Insolvency law reduces resolution time for stressed assets to 340 days: Economic Survey
The Insolvency and Bankruptcy Code (IBC), which came into force in 2016, provides for market-linked and time-bound resolution of stressed assets. The survey, tabled in the Parliament on Friday, also said resolution under the Code has been much higher as compared to other processes.
Buy Now, Pay Later Platform Klarna Launches In Australia, Takes Swipe At Afterpay
There's another service that lets you buy products and pay for them later. Klarna launched on Thursday in Australia in partnership with the Commonwealth Bank – and it's not shy in telling retailers why they should adopt it rather than Afterpay....
Corporate tax cut to mostly benefit less than 1 pc of companies: Survey
The corporate tax cut announced by FM last Sept will benefit less than 1 pc of firms, as per Economic Survey.
Nintendo confirms there will be no new Switch models this year
Earlier this month, DigitTimes claimed that Nintendo had started volume production for a new Switch that would launch mid-2020. We also heard from an industry analyst who was convinced a Nintendo Switch Pro, which supported 4K resolutions, came with bigger…
FG targets $150 billion revenue from Zero-oil plan
FG has disclosed that it is targeting additional $150 billion to the foreign reserves in the next 10 years through its zero-oil plan.
CBOT Trends - Corn, soybeans, wheat steady-down 2 cents per bushel
CHICAGO, Jan 31 (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 - Steady to down 2 cents per bushel* Wheat futures mostly lower on risk-off trading ahead of the weekend.* Most-active CBOT March soft red winter wheat futures contract hit resistance at its 20-day moving average during overnight trading session. Consolidation was noted at the 30-day moving average.
We Tested Tesla's Fart Mode
Extremely serious Tesla CEO Elon Musk sure does love an Easter Egg. If you delve into the various sections settings of a Tesla you'll find a tonne of hidden goodies. Some add comfort, convenience and practicality to the luxury EV. Others make you wonder what kind of cooked unit even thought to put something like this...
China banks borrow from SARS playbook in preparation for market reopening
SHANGHAI: Chinese financial firms will deploy measures used during the SARS outbreak nearly two decades ago to combat the new virus when markets ...
As cities grow, the Internet of Things can help us get on top of the waste crisis
Total global waste is expected to double from nearly 2 billion tonnes in 2016 to an estimated 4 billion tonnes by 2050 as consumer-oriented urban populations grow. As population growth increases consumption ...
United Airlines Stock Is Poised for Lift Off After Encountering Turbulence
The selling in United Airlines stock has gotten overdone on coronavirus fears. The company has limited exposure and is primed for a rally.
GDP growth expected to strongly rebound to 6-6.5% in FY21: Economic Survey
India's economic growth is expected to "strongly rebound" to 6-6.5 per cent in 2020-21 from 5 per cent estimated in the current fiscal, the Economic Survey said on Friday, adding that the government with a strong mandate has the capacity to expedite reforms.
Wall Street opens in red as coronavirus headlines continue to dominate
Wall Street's n indexes started the last day of January in the negative territory as investors continue to react to heightened concerns over the coron
A little-known trucking company surges nearly 58% after Volkswagen makes a surprise offer to buy
Hardly a household name, truck manufacturer Navistar’s stock rose to sudden popularity Thursday, continuing into Friday’s pre-market trading. Shares surged as much as 57.7% Friday after Volkswagen’s trucking arm, Traton, made an unsolicited offer to buy the company for $US2.9 billion, or $US35 per share, Thursday. Volkswagen, which already owns a 16.76% stake in Navistar, said it would pay entirely in cash. The two companies are some of the biggest in the truck-making industry. But to make the acquisition, Volkswagen will have to get the blessing of activist investor Carl Icahn: The billionaire’s fund owns about 17% of Navistar’s outstanding stock, making Icahn Navistar’s single largest shareholder. The offer comes at a time when the broader trucking manufacturing industry is in a slump, with new orders in decline, The Wall Street Journal previously reported. In its most recent earnings, Navistar’s fourth quarter revenue declined versus the year prior. The stock started the year sliding downwards after it trailed…
ITC Q3 net profit rises 29% to Rs 4,047.87 cr; net sales up 5.71%
The company had posted a net profit of Rs 3,136.95 crore in the October-December quarter of the previous fiscal
Investment Implications Of Unravelling Of Post WW2 World Order: The Case Of Turkey
While the world is now accustomed to the likes of China challenging the post-WW2 world order, the challenge by smaller actors such as Turkey is something new.Multinationals, ranging from oil and gas p
Lucrative speaking circuit helps David Cameron bank £836,000 profit in a year
Former prime minister Theresa May also earned close to £400,000 in the month of December alone through speaking engagements.
EUR/USD clinches weekly highs above 1.1050
The buying pressure around the shared currency is now picking up extra pace and lifting EUR/USD to fresh weekly tops above 1.1050. EUR/USD in multi-da
Three-bed seaside home in Scotland worth £185k sold for just £45k after £1 auction
A three-bedroom house on offer for just £1 sold at auction for slightly more than that yesterday – going under the hammer for £45,000. Auction House Scotland said a Scottish buyer had snapped up th…
Zombies and Bears Beware, BABA Stock Will Defeat You!
Waiting on a healthier pullback in BABA stock is advised in order to avoid the headlines ailing today’s market.
Galaxy S20 series to cost roughly the same as the S10 in Europe
With the number of leaks and rumors flying around lately, there seems to be very little about the Galaxy S20 series that we don't know. Pricing is one of those details that remain subject to change, b
How to Trade Boeing Stock After Its Nasty Earnings Report
Boeing's earnings were abysmal thanks to the grounded 737 Max, but the stock shrugged it off. Here's how to trade BA stock moving forward.
Death of transgender inmate prompts dismissal of discrimination complaint
The death of a transgender inmate means her discrimination complaint against the province must be dismissed, according to a ruling by the Human Rights Tribunal released Friday.
Chevron posts steepest loss in a decade after gas writedown
Chevron Corp. posted its biggest loss in a decade after it wrote down the value of North American natural gas fields and returns plunged from overseas refining and oil production.
Lexus ES prices down by Rs 8.05 lakh
Lexus has begun local assembly in India, which has led to prices of the ES sedan to drop. Click here for all the details.
UK SMEs see their future in the cloud
Cloud computing features strongly in the plans of SMEs for the coming year, with 57 percent planning increased adoption, according to a new report.
Did Walmart Waste $3.3 Billion on Jet.com?
The e-commerce site is a shell of what it was when the retailer purchased it.
Lipper U.S. Weekly FundFlows Insight Report: Funds Suffer Net Outflows For The First Week In Six
Money market funds suffered net outflows of $11.6 billion.Fixed income funds took in $6.1 billion of net new money.Equity funds had net negative flows of $6.6 billion.
Nelson Council moves to close reserves due to increased fire risk
Following a continued spell of hot and dry weather Nelson City Council, in collaboration with Fire and Emergency New Zealand (FENZ), DoC, forestry companies and Tasman District Council, is closing access to the following reserves until further notice:- Grampians Reserve- Sir Stanley Whitehead Reserve- Marsden Valley Reserve- Maitai Water Reserve- Brook Conservation Reserve- Roding Water ReserveCouncil makes the decision to close reserves after taking advice from FENZ and monitoring the Build Up Index (BUI), which is an indicator of the difficulty in suppressing a fire that has started. The BUI is now well over 80, the level at which FENZ advises which reserves should close, and is expected to be close to 100 midway through next week.
Take Profit on USDCAD Long – TDS
Following Friday’s release of the Canadian monthly GDP growth figures, Mazen Issa, Senior FX Strategist at TD Securities (TDS), suggests taking profit
Earnings Look Good Enough for PayPal Stock
PayPal stock is down modestly after its Q4 report, due to perceptions that its guidance was soft. But its guidance actually looks solid.
Exclusive: Japan's Nidec bets on electric cars and acquisitions to treble sales: sources
TOKYO (Reuters) - Japan’s Nidec Corp (6594.T) plans to more than treble its revenue over the next five years by focusing on electric vehicle powertrains and buying specialists in motor technologies, two people familiar with the matter told Reuters.
Rivers are warming at the same rate as the atmosphere
Researchers at EPFL and the Swiss Federal Institute for Forest, Snow and Landscape Research (WSL) have found that the temperature of Swiss rivers is rising steadily. This situation is straining ecosystems ...
Nevada Copper chooses Redpath to enhance production at US mine
Nevada Copper has selected mining contractor Redpath USA to implement its ramp-up strategy for its 100%-owned Pumpkin Hollow project in Nevada, the US.
Economic Survey's GDP growth forecast for FY20 wide off projection
It is for the second consecutive time that NSO's GDP estimate is significantly lower than the projection made in the survey prepared by the finance ministry
Vedanta Q3 PBT at Rs 3,806 cr, up 9.4% on lower costs, exceptional gain
Sales down 10% to Rs 21,126 cr mainly due to lower commodity prices, muted volumes in zinc, oil & gas and copper
Suncorp Says 'Unprecedented' Catastrophes Will Drive Reinsurance Recoveries
Australian primary insurance giant Suncorp has referred to an unprecedented start to the season for catastrophe losses this morning, saying that it now expects to make recoveries across its reinsuranc
Switch Online reaches 15 million paid accounts as Nintendo worries about 'those who do not renew their memberships'
In the most recent corporate management policy briefing for the fiscal year ending in March 2020, we get a tiny little update from Nintendo president Shuntaro Furukawa on the state of the Switch Online service. Surprisingly, it's a lit...
Core industries output rise 1.3% in December after four months of decline
The growth came on the back of rise in output in coal, fertiliser and refinery products sectors. However, production of crude oil, natural gas, and electricity contracted during December
Huge jump in sex attacks by taxi and minicab drivers
TfL said 294 incidents were reported to police in 2018 compared to 162 the year before.
Amazon set to break record for one-day gain in market cap
Amazon could set a new mark for the biggest single-day gain on record for a US company.
Motorola celebrates selling 100 million Moto G phones by offering discounts
Motorola is celebrating reaching 100 million sales of the Moto G series, by offering a wide range of discounts and buy one get one free offers.
US consumer spending cooled last month, core prices picked up
Income growth in the US slowed to 0.2%.
Economic Survey raises more questions than answers for pharma industry
Economic Survey 2019-20: The pharma industry is left in a fix after the Economic Survey 2020 came out today. Here's all you need to know
India Set to Move Towards Chinese Model to Expand Exports, Create Jobs
New Delhi (Sputnik): The Indian Finance Ministry has been trying to attract investments from foreign companies into India. The cut in corporate tax rates came as a push to attract investments by technology companies looking for avenues outside of China, amid Beijing’s ongoing trade war with Washington.
Play Casino Stocks with a Bearish Put on Las Vegas Sands
My indicators turned bearish last Friday, and I am recommending a bearish put option on Las Vegas Sands Corp. (NYSE:LVS).
Ukraine court puts freeze on Ferrexpo unit's shareholding – media
Ferrexpo's operations remain unaffected and continue as normal.
Wipro stocks fall over two per cent after CEO Neemuchwala steps down
MD Abidali Z Neemuchwala will continue to hold the office of the CEO and Managing Director, until a successor is appointed for a smooth transition.
DHT Holdings' Co-CEOs On The VLCC Markets (Podcast Transcript)
As part of the Value Investor's Edge Live Virtual Tanker Forum, J Mintzmyer spoke with DHT Holdings' co-CEOs.The discussion covered the VLCC markets and IMO 2020 developments.We reviewed DHT's scrubbe
It would be a mistake for Malaysia to raise locally assembled vehicle prices – German ambassador
BMW Malaysia exports the G30 520i to the Philippines Last week, the automotive industry received confirmation from the finance ministry that there will be
These were the best performing ASX 200 shares last week
The Link Administration Holdings Ltd (ASX:LNK) share price and the ResMed Inc. (ASX:RMD) share price were amongst the best performers on the ASX 200 last week...
Britain hails new start as it says farewell to EU after a long-drawn process
Official celebrations will be muted out of respect for half the population who wanted to stay in the EU.
Rupert Murdoch Now Has a Challenger to Apple News
Rupert Murdoch's News Corp launched a beta of its Apple News challenger 'Knewz' earlier this week, promising to burst our filter bubbles.
Economic Survey 2020: How privatisation helps CPSEs unlock growth potential
Economic Survey 2020: The analysis showed that these privatised CPSEs, on an average, perform better post privatisation than their peers in terms of their net worth, net profit, return on assets
3 exciting ASX small cap tech shares on my watchlist
Alcidion Group Ltd (ASX:ALC) and two other ASX small cap tech shares could be great long term investments...
Post-fire losses darken days for light bulb maker - VnExpress International
Light bulb maker Rang Dong, whose Hanoi warehouse was gutted by a fire, has reported Q4 losses of almost VND36 billion ($1.5 million).
State of emergency declared as bushfire threatens Australian capital
Australian officials declared a state of emergency for the capital city of Canberra and surrounding regions on Friday, as soaring temperatures and ...
Economic Survey 2020: Red-tape still strangles Indian manufacturing
Economic Survey 2020 updates: Ease of doing business in India seems like a far fetched dream as of now due to the huge number of licenses and approvals needed to run a business. Here's all you need to know
Aston Martin bailed out by Canadian F1 billionaire
Aston Martin has been rescued from collapse by a US$656 million bailout led by a Canadian Formula 1 billionaire.
Rangers ‘set to clinch’ Matej Vydra signing on transfer deadline day
RANGERS are set to seal a deadline day loan deal for Burnley striker Matej Vydra, according to reports. Steven Gerrard is keen to bolster his attacking options as the club endeavour to claim the Pr…
Illumination's Mario Movie Is "Moving Along Smoothly", Aiming For 2022 Release
Nintendo is "proactively involved"
These were the worst performing ASX 200 shares last week
The Nearmap Ltd (ASX:NEA) share price and the Treasury Wine Estates Ltd (ASX:TWE) share price were amongst the worst performers on the ASX 200 last week...
Lyft Stock Is An Intriguing Trade for Market Bulls Ahead of Earnings
The long-term debate over Lyft won't be resolved by a single quarterly report, but a risk-loving market could bid LYFT stock up next month.
Lockheed Martin Can Keep Flying Higher in 2020
The defense titan has had a great five-year run, but its year-end earnings results and forecast suggest there is potential for further growth.
French Connection shares plummet after failure to secure buyer
The retailer saw shares slide by almost a third after it said it was set to post between £1 million and £2 million in losses for the year.
Lexus LC 500h Luxury Coupe Launched In India At Rs. 1.96 Crore
Lexus LC 500h uses a 3.5-litre V6 hybrid petrol engine developing 354 horsepower and it can sprint from zero to 100 kmph in just 4.7 seconds
Opposition lingers in Shinhan’s Orange Life merger
Shinhan Financial Group’s plans to merge Orange Life Insurance with its wholly owned life insurance unit seemed to have been working out smoothly. However, trouble persists as minority shareholders continue to demand an increase in their dividend payouts. Small shareholders of Orange began making the demand after teaming up with civic activist group the Korea Stockholders Alliance in November, but Shinhan refu...
Core sector output shows growth after contracting for four months
The rebound signals that the economy may have bottomed out in the second quarter and may see revival in the third quarter. The news should come as relief for the government ahead of the Budget and may dispel fears surrounding the Indian economy slipping into stagflation.
You don’t have to hit a six in every ball, wait for market to throw you a loose ball: Madhusudan Kela
As the markets have amply proven in the last four, six months, the loose ball is coming. Meanwhile, pharma could provide great opportunities, says market expert Madhusudan Kela.
3 Big Stock Charts for Friday: Lyft, HD Supply, and Melco Resorts & Entertainment
Friday's big stock charts feature three stocks with the potential for longer-term rebounds — and shorter-term upside.
MTN Group to sell 14% of its Nigerian business
MTN Group says it is looking to reduce its majority shareholding in its Nigerian subsidiary by 14%, hoping to raise $4 billion from the sale.
Amazon Crushes Earnings, and Here's the Most Impressive Part
Amazon’s retail sales took flight even in soft consumer spending environment.
Retailers call for two hours free parking in Perth city centre to bring back shoppers
Retailers have called for two hours of free parking to be introduced in Perth city centre to help bring shoppers from the outskirts and beyond back to the high street.
Shrinking French and Italian economies hamper euro zone growth
Spectre of recession likely to mean more monetary easing by ECB
Economic Survey 2020: Why wealth creation was picked as this year's theme
Economic Survey 2019-20: Elaborating on India's historical dominance on the global economy, the survey stressed on the importance of bringing an openness in the market that leads to wealth creation
Celtic ‘in talks with Tottenham’ over loan move for Victor Wanyama
CELTIC are now in talks with Tottenham over a loan move for Victor Wanyama, according to reports from down south. Reports earlier claimed that the Hoops could land their former player in a shock &#…
Contraction in domestic revenue growth softened IT-BPM sector growth in FY19: Survey
Of the total $135.5 billion of exports of the IT-BPM sector in 2018-19, IT services accounted for 55%, and BPM and software products & engineering services for the remaining 45 per cent (with each accounting for almost half of the share). The survey termed the Indian IT-BPM industry as the flag-bearer of India's exports over the past two decades.
Deribit to Offer Daily Bitcoin Options
Crypto derivatives platform Deribit will offer a daily Bitcoin index options to its client base.
Lil Keed, Lil Yachty, Lil Gotit & Zaytoven Connect For "A-Team"
The A-Team cometh. Picture this, you're in trouble and call the A-Team. Lil Keed, Lil Yachty, Lil Gotit, and Zaytoven show up. What is your reaction? With a full-fledged quartet album set to arrive in a few months, this newfangled collective have been hard at work in honing their chemistry on wax. O...
Transfer Update: Interested Suitors Track Former Pirates Man
Siya sources have indicated that a now former Orlando Pirates player has already attracted interested suitors.
China virus causes scare for India's smartphone makers
NEW DELHI (Reuters) - The coronavirus outbreak in China could start to disrupt India’s production of smartphones if it continues to spread in February, as it could delay component shipments, industry executives said.
Collapse of Kabul Bank Analyzed in New Book
A book detailing the key factors in the collapse of Kabul Bank was released in Afghanistan on Thursday, and the event triggered fresh criticism against the Afghan government for failing to
Paris-based AssoConnect raises €7 million to transform the non-profit sector
The French startup AssoConnect, whose technology is transforming how the non-profit sector is managed, has completed a second round of funding of €7 million, led by XAnge, ISAI and several business angels.
Italy's Gualtieri: Government expects GDP to bounce back in Q1 after disappointing Q4
The Italian government expects the Gross Domestic Product (GDP) to bounce back in the first quarter of 2020 following the disappointing growth recorde
China's factory activity falls in January as Wuhan coronavirus fears grow
BEIJING: China's manufacturing activity slipped in January, official data showed on Friday (Jan 31), as the country grapples with a new virus that ...
Eco Survey flags disproportionate dwarfism of banks, calls to be efficient
The Economic Survey 2019-20 tabled in Parliament by Finance Minister Nirmala Sitharaman noted that despite nationalisation a significant portion of the poor remained unbanked till 2014
Friday’s analyst upgrades and downgrades
Inside the Market’s roundup of some of today’s key analyst actions
Politics And The Markets 1/31/20
This is the forum for daily political discussion on Seeking Alpha. Please don't leave political comments on other articles or news, and please avoid personal insults!
Highways sector needs Rs 19.63 lakh crore investment by 2024-25: Economic Survey
Of the total Rs 102 lakh crore investment need for infrastructure projected by the National Infrastructure Pipeline (NIP), during 2020 to 2025, the highways sector will require Rs 19.63 lakh crore, the Survey said.
Red-Hot Uber Stock Might Just Prove Its Bull Case in 2020
At the start of 2020 Uber stock is looking pretty hot. Investors should keep a close eye on the name as the year unfolds.
Eurozone economy records worst year since 2013
The eurozone economy, which is made up of the 19 countries that use the euro currency, ended 2019 with a whimper and recorded its worst year of growth since it was mired in a debt crisis in 2013.
Official Microsoft site claims 1 billion Windows 10 users
2 years later than predicted, Microsoft may have finally reached its goal of 1 billion Windows 10 users. The number was claimed on an official Microsoft site offering free wallpaper for loyal users. The site is in Italian and auto-translated, which explains the strange layout, but can be seen in the original Italian here. Microsoft …
The Return of the King: Jeff Bezos Tops World's Billionaires List After Amazon Sales Went up 21%
On Wednesday, the fortune of billionaire entrepreneur Elon Musk grew by $2.3 billion within an hour following an increase in the total market value of electric vehicle maker Tesla.
Pokémon Home's Reveal Explains the Absence of a Much-Loved Feature
The Global Trade Station's return as part of Pokémon Home helps to explain why it was removed from Sword and Shield in the first place.
Economic Survey 'disappointing', Modi govt selling dreams to people: Mayawati
In a series of tweets, BSP president Mayawati said: "Because of the wrong policies and programmes of the centre, rising poverty, inflation, unemployment etc. have led to constant shrinking of the per capita/family income of the people, yet the BJP government is selling dreams to them.
We Don't Know How Many Bullets, Guns or Planes China Sells Around the World
China may be the world’s No. 2 arms producer, according to a new estimate. But we still don't know how many arms it actually sells.
No end in sight to Kangai estate wrangle
Hearing in the disputed estate of late national hero Kumbirai Kangai did not commence yesterday after one of the lawyers failed to turn up.
French Connection shares plummet after failure to secure buyer
The retailer saw shares slide by almost a third after it said it was set to post between £1 million and £2 million in losses for the year.
FTSE 100 stumbles as coronavirus spreads to the UK
The FTSE 100 has fallen this morning after the Bank of England left interest rates on hold, boosting the pound and hurting British stocks.
4 Things Investors Must Consider Before Buying Aurora Cannabis
Aurora stock is currently one of the worst-performing Canadian cannabis companies. Here are a few things to know before investing.
Nonprofit Receives Grant to Help Prevent Local Oil Production
Santa Barbara County faces a tripling of onshore oil production. Three oil companies are proposing to drill and operate over 700 new wells in Cat Canyon Oil Field, posing dangerous threats to clean air, clean water, public safety, and our climate. What’s more, these oil companies are not proposing conventional oil drilling, which is risky enough, but rather they are seeking permits for extreme, enhanced oil extraction processes known as cyclic steam injection and steam flooding, which are far riskier and more energy intensive than traditional drilling. The Environmental Defense Center (EDC) has just received $10,000 in grant funding from the Fund for Santa Barbara to help confront this major threat.
American optimism toward economy surges to 9-month high as job market hums
American households were more optimistic about the economy this month. The University of Michigan said its index of consumer sentiment jumped to...
IBM Chief To Exit Role After Sluggish Growth
IBM CEO Ginni Rometty is stepping down after eight years in which the tech giant struggled to keep up with its competition. Arvind Krishna will be the new CEO.
When is the monthly Canadian GDP report and how could it affect USD/CAD?
Friday's economic docket highlights the release of monthly Canadian GDP growth figures for November, scheduled to be published at 13:30 GMT by Statist
Trump will demand the NHS pays more for drugs after Brexit, warns outgoing UK ambassador to US
Donald Trump will demand that the NHS pays higher prices for US drugs as part of any trade deal, the departing British ambassador to Washington has said.
USD/CHF drops below 0.9700 as markets remain risk-averse
The USD/CHF pair erased nearly 40 pips on Thursday and seems to be having a difficult time staging a recovery on Friday. After touching a daily high o
Why imported onions are rotting? Economic Survey 2020 has an answer
Economic Survey 2020 latest: Imported onions are rotting as there are no takers. Here's what the Economic Survey 2019-20 has to say about the onion crisis
Turkish conglomerate Anadolu sells McDonald's franchising rights
Turkey's Anadolu Group Holding, one of the country's largest conglomerates, said Thursday that all shares of Anadolu Restaurant, which includes the Turkish...
When It Comes To IQIYI Stock, Investors Should Tune Out
IQIYI has staged a nice rally, but that's likely to fizzle out in the face of tough macroeconomic headwinds.
Central Bank Digital Currency (CBDC) Is Becoming a Big Topic in Asia
An official at Japan's central bank has signaled a willingness to embrace a digital yen & Cambodia is pushing ahead with it's own blockchain-powered currency
Robocalls: How common are they?
— From October to December 2019, the Federal Trade Commission reported more than 19.5 million do not call complaints in the United States.
Top headlines: Eco Survey 2019-20, Wipro's Abidali Neemuchwala steps down
Economic Survey for 2019-20 was tabled in Parliament on Friday and projected the country's gross domestic product (GDP) to grow between 6 - 6.5 per cent in financial 2020-21 (FY21)
Aston Martin Sells Part of Itself and Pivots to F1
Aston Martin is no longer cash-strapped and in peril, as car enthusiast billionaire Lawrence Stroll has smashed into the office and handed over £182m in return for him and his car-loving businessmates taking a 16.7 per cent ownership stake in the company. It's Dragon's Den for real.
Sales of over 1.7k listed manufacturing firms contracted by 7.7 per cent in Q2: Survey
The Survey, tabled in Parliament on Friday by Finance Minister Nirmala Sitharaman said demand conditions for the manufacturing sector weakened in September quarter of 2019-20 with a contraction in nominal sales, citing RBI studies on corporate performance.
ServiceNow aims to court CEOs, expand use cases beyond IT
CEO Bill McDermott said he has all he needs to expand ServiceNow into a company producing $10 billion in revenue a year.
F&O: Over to Budget; banking stocks only hope as bears rule
India VIX moved up 3.38 per cent to 17.36 level.
Pvt sector share in National Infra Pipeline to hit 30% by 2025: Eco Survey
Two-thirds of the pipeline is already firmed up; projects of certain states likely to be added to in due course
Economic Survey outlines strategy to achieve $5 trillion economy, says PM Modi
In a social media post, PM Modi said that the Economic Survey, tabled in Parliament today, highlights the government's strategy to achieve $5 trillion economy.
Eco Survey flags 'disproportionate dwarfism' of Indian banks, calls upon PSBs to become efficient
Flagging 'disproportionate dwarfism' of banks, Economic Survey called upon PSBs to become efficient.
Economic Survey: Sales of over 1.7k mfg firms contracted by 7.7% in Q2
Net profit for the manufacturing sector contracted in Q1 (June quarter) of 2019-20, mainly due to a production slowdown, it added
Canadian Nov. GDP will be in focus on Friday – TDS
Analysts at TD Securities (TDS) offered a brief preview on Thursday's release of Canadian monthly GDP print for November and also the near-term outloo
Health minister: Registration of students from Wuhan suspended temporarily
KUALA LUMPUR, Jan 31 — The Education Ministry (MoE) is temporarily suspending the registration of students from the city of Wuhan in China’s Hubei province at all Malaysian education institutions due to the 2019 novel coronavirus (2019-nCoV) outbreak. Health Minister Datuk Seri Dzulkefly Ahmad...
Veteran MEP Bill Newton Dunn dubs Brexit ‘profound mistake’
Bill Newton Dunn, who served in the first European Parliament in 1979, said he was very worried for the UK.
Lilly posts higher-than-expected profit as new drugs lift outlook
Eli Lilly has posted higher-than-expected profit on the back of increasing demand for its newly launched drugs, despite fighting continued price erosion and pressure in the US.
Horrific footage of a yelping dog being barbecued alive at a Chinese market is shared by activists calling for an end to the barbaric trade in dog meat
A video shared by campaign group No To Dog Meat shows a dog in searing pain as it tries to open its battered jaw to yelp while being cooked on a barbecue at a meat market in Yulin, China.
Consequential train accidents decreased to 59 in 2018-19: Economic Survey
The Indian Railways with over 68,000 route-kilometres is the third-largest network in the world under single management
Brexit: what’s next? The crunch dates ahead and what investors expect - CityAM
The UK voted to leave the European Union by a margin of 52% to 48% in a referendum held on [...]
CFTC Chairman Heath P. Tarbert Wants US to Take the Lead in Adopting Cryptocurrencies and Blockchain Technology
Dr. Heath P. Tarbert, chairman and chief executive at the US Commodity Futures Trading Commission (CFTC), recently stated that he would like to see the United S
Britain bids farewell to EU, hails a new start
Britain becomes the first country to leave the 28-member bloc
Millions of workers to get an extra £104 as new tax rules come into effect in April
In addition to increasing the NICs threshold the Government will also end the freeze to working age benefits, which has been in place since 2016.
Design Guidelines for Contemporary Tropical Architecture
from San José, Costa Rica, shares his contemplations for a free expressive code for tropical architecture. However, deepening and broadening this...
Production pattern is not in sync with the demand: The Economic Survey 2019-20
The survey said that the share of cereals declines steadily as MPCE level increases, from about 19 per cent for the bottom decile class of rural India to about 5-6 per cent for the top decile class, and from 15 per cent for the bottom decile class of urban India to under 3 per cent for the top decile class.
Privatised CPSEs reported better profit, sales after transition: Eco Survey
The survey, tabled in Parliament on Friday, examined the change in performance for each individual central public sector enterprises (CPSE)
Eco Survey sees growth at 6.5% in FY21, calls for easing of deficit target
For the current fiscal, it projected a GDP growth of 5 per cent, the lowest in 11 years, and worsening job prospects
Samsung to send donations to China
Samsung on Friday announced a donation of 10,000 articles of anti-contamination clothing, as well as 30 million yuan ($4.3 million) to support China’s response to the novel coronavirus, the company announced Friday. The donations will be sent to the Red Cross Society of China, via Samsung’s Chinese headquarters, it added. By Shim Woo-hyun (ws@heraldcorp.com)
Sebi disposes of insider trading case against SpiceJet's former independent director
It had been alleged that he traded in SpiceJet while in possession of unpublished price information
HUL reports 12.95% rise in consolidated net profit at Rs 1,631 cr
The company had posted a net profit of Rs 1,444 crore in the October-December period of the previous fiscal
Eco Survey focuses on wealth creation, says PM
After the release of Economic Survey 2019-20, Prime Minister Narendra Modi took to his Twitter handle and said it focuses on wealth-creation for 130 crore Indians. It outlines a multi-faceted strategy to achieve a $5 trillion economy through enterprise, exports, ease of doing business and more.
Trump will demand the NHS pays more for drugs after Brexit, warns outgoing UK ambassador to US
Donald Trump will insist the NHS pays more for American drugs after Brexit, the outgoing British ambassador to Washington has claimed.
Binance Futures Launches Cardano (ADA) Perpetual Contracts with 75x Leverage
In a blog post published on January 30, 2020, cryptocurrency trading platform Binance announced that it will launch ADA/USDT perpetual contract with up to 75x leverage.
Gamboa to Cagayan Valley cops: Get more HVTs
PHILIPPINE National Police chief, General Archie Francisco F. Gamboa, yesterday called on the Cagayan Valley police force to focus their effort in getting more ‘high-value drug targets’ or the so-called ‘big fishes’ in the illegal drugs industry in order to make a major contribution in the PNP’s stepped-up war on drugs.
Trump will demand the NHS pays more for drugs after Brexit, warns outgoing UK ambassador to US, Business Insider - Business Insider Singapore
Business Insider - Donald Trump will insist the NHS pays more for American drugs after Brexit, the outgoing British ambassador to Washington has claimed.. Read more at businessinsider.sg
Economic Survey 2019-20: Competition, low tariffs led to financial stress in telecom sector
The data price in the country came down by over 99% during 2016-2019, making it among the lowest tariff in the world, according to the survey.
Nintendo Shares Plummet After Mixed Earnings, Plans for New Switch Axed
Nintendo was down nearly 5% after it reported earnings, and the worst is likely yet to come.
Trump will demand the NHS pays more for drugs after Brexit, warns outgoing UK ambassador to US
Donald Trump will demand that the NHS pays higher prices for US drugs as part of any trade deal, the departing British ambassador to Washington has said.
Forget Legalization: CBD Is Good Enough for CRON Stock
Cronos’ acquisition of Lord Jones is perfect because the American consumer wants CBD, not marijuana.
Genesis Crypto Lending Firm Hits New Record in Loan Originations in Q4 2019
Over-the-counter digital currency trading and lending firm Genesis has closed the fourth quarter of 2019 with record high loan originations since its inception.
China - One Problem Ends And Another Begins
Trade had been a problem for the Chinese economy.Hong Kong issues are ongoing.African Swine Fever caused a meat shortage.Did ASF lead to coronavirus?Commodities will move with the state of China's eco
Screen Ireland unveils slate of 40 productions coming to international market
Agency responsible for developing screen industries said sector contributed €357m to economy last year
Coaches that took passengers from China evacuation flight to be ‘deep cleaned’
Vehicles from Horseman Coaches Ltd were seen arriving at RAF Brize Norton.
Oil Climbs as WHO Declares Emergency, but Opposes Travel Restrictions
Oil prices rose on Friday but were still set for a fourth consecutive weekly loss, as markets attempted to assess the economic damage of the coronavirus that has spread from China to around 20 countries, killing more than 200 people. Brent crude LCOc
Pfizer Misses Target, Soft Guidance, And Other News: The Good, Bad And Ugly Of Biopharma
Pfizer missed Q4 target, offers soft guidance.Surface Onco receives IND.PerkinElmer provides lackluster 2020 guidance.
Veteran MEP Bill Newton Dunn dubs Brexit ‘profound mistake’
Bill Newton Dunn, who served in the first European Parliament in 1979, said he was very worried for the UK.
Third-Party Switch Game Sales Have Increased By More Than 50% Year-On-Year
The Wii U days are long gone
Warren Buffett's $4.6 million crypto lunch was eBay's priciest purchase in 2019. It still hasn't happened.
Tron chief Justin Sun bought the charity meal with Berkshire Hathaway's boss but bailed at the last minute, sparking conspiracies.
This Country getting US re-boot from Bridesmaids director
Let's hope its as good as the Gavin and Stacey adaption, right?
Tech View: Be patient with Budget volatility, don’t rush to buy on dips
Nifty broke below the lower end of the Rising Megaphone pattern on the daily chart.
This Billionaire Bitcoin Investor Gives 3 Catalysts That Could Send Price Flying
Bitcoin has undoubtedly been on a tear over the past 45 or so days. Since hitting $6,400 in December, BTC has surged by almost 50%, hitting a local high
Integrate ‘Assemble in India’ into Make in India
Move will boost exports, create 80 mn jobs in next 10 years, survey says.The Survey gives China’s example, where labour-intensive exports between 2001 and 2006 created 70 million jobs
Chinese visitors to Vietnam hit record high in Jan - VnExpress International
January saw tourists from China to Vietnam post record high growth though new coronavirus fears prompted the country to clamp down on Chinese arrivals 10 days prior.
Stocks drop amid uncertainty over virus impact; Amazon soars
U.S. stocks fell broadly in midday trading on Wall Street amid ongoing uncertainty about the potential economic impact of the 2019 Novel Coronavirus outbreak that originated in China.
Design Guidelines for Contemporary Tropical Architecture
from San José, Costa Rica, shares his contemplations for a free expressive code for tropical architecture. However, deepening and broadening this...
‘Need For Wealth Creation’: Lessons From Thirukkural, Arthashastra And Ten New Ideas In Economic Survey 2020
‘Since the wealth cannot be distributed unless created, the wealth creators are India’s wealth’
US stocks fall amid virus fears despite Amazon surge
NEW YORK, Jan 31 — Wall Street stocks dropped early today amid worries over the coronavirus outbreak and despite a blowout Amazon earnings report that lifted the e-commerce giant’s value back above US$1 trillion (RM4.1 trillion). Britain confirmed its first cases of the virus, the US upgraded...
India bans export of protective masks, clothing amid coronavirus outbreak
NEW DELHI (Reuters) - India on Friday banned the export of personal protection equipment such as masks and clothing amid a global coronavirus outbreak.
Pre Budget Expectations by HDFC Securities
HDFC Securities The Govt needs to give a serious push to improve the business environment.
Fintech Become Tops $200 Million in Loans Matched between Online Lenders and SMEs
Become, formerly known as Lending Express, has surpassed $200 million in matching online lending to SMEs in need of growth capital. The news was revealed in a r
Did Justin Theroux Meet Angelina Jolie’s Kids?
Justin Theroux never met Angelina Jolie’s kids as part of a new romance. A tabloid reported that rumor last year, but Gossip Cop debunked it as false.
Elon Musk's new song has a bit of everything - EDM, Mars, and the Cybertruck
The billionaire's second track on his SoundCloud, "Don't Doubt ur Vibe", is his first foray into producing Electronic Dance Music, and its album art portrays the Cybertruck and Mars.
Lebanese bonds tumble as uncertainty increases
"Lebanese debt is currently trading at a large discount and investors have already priced in a restructuring," Saeb El Zein, a financial markets expert told Annahar.
RON97 price drops 8 sen, RON95 and diesel unchanged for week of Feb 1
KUALA LUMPUR, Jan 31 — The retail price of RON97 petrol dropped 8 sen to RM2.41 a litre, while RON95 and diesel are maintained at RM2.08 and RM2.18 a litre, respectively, effective midnight until February 7. The Ministry of Finance, in a statement today, announced that based on the calculations...
Woodbridge Regatta breaks tradition with hopes of Bank Holiday bonanza
Woodbridge is breaking tradition this year by holding its annual regatta in May instead of the traditional summer months.
Budget 2020: How FM Nirmala Sitharaman's fiscal deficit math is likely to move Sensex, Nifty on Feb 1
Budget 2020: An increase in fiscal deficit target in view of the ongoing economic slowdown may not negatively impact the market since elevated level of expenditure is expected to result in higher demand in Indian economy
Confusion over whether masks are necessary amid coronavirus outbreak
SINGAPORE/KUALA LUMPUR: “Do not wear a mask if you are well” read a warning plastered across the front of Singapore’s main newspaper on Friday, as authorities around the world sought to calm panic buying of masks seen as a guard against the fast-spreading novel coronavirus (2019-nCoV).
Crystal gazing the budget announcements from Economic Survey
Here's what to expect in the budget on Saturday or by way of policy pronouncements subsequent to the budget
Trump is a threat to peace. It is time for the UN to act on uniting Korea instead ǀ View
It’s an historic mistake - potentially catastrophic - to leave the fate of the Koreas, as well as of Iran and the Middle East - indeed international peace itself - in the hands of an individual who has demonstrated seriously erratic political and psychological behaviour.
Some Motorola RAZR pre-orders have started shipping out earlier than expected
Motorola has begun shipping some RAZR pre-orders in the U.S., a week before the original ship date.
Enbridge faces regulators in Canada, U.S. over plans to expand oil pipeline network
Enbridge faces off with regulators in Minnesota over Line 3 just as it grapples with complaints over changes to overhaul its Mainline
North African countries still have significant wheat needs this year - Transgrains
PARIS, Jan 31 (Reuters) - Algeria needs to buy 1.5 million tonnes of wheat and Morocco 600,000 tonnes in the last three months of the 2019/2020 (July-June) season, which should benefit France, a senior trader familiar with North African markets said on Friday.In addition, Tunisia will probably need to book another 200,000 tonnes, Jean-Philippe Everling, founder and director of Transgrains France in partnership with Italian group Casillo, told the Paris Grain Day conference in Paris.
Dow plunges 500 points amid coronavirus fears after outbreak is declared a global health emergency and death toll reaches 213
The World Health Organization declared the epidemic a global emergency on Thursday after the fast-spreading virus killed more than 200 people in China and infected thousands.
BOJ warns of cyber-attack vulnerability ahead of Olympic Games
Japan's financial institutions must guard against cyber-attacks ahead of the 2020 Tokyo Olympic Games, with nearly 40per cent of banks and other ...
EA Video Game Publisher To Focus On Subscriptions, Services In 2020
News: The Electronic Arts gaming company intends to expand its business in 2020 by focusing on live services and subscriptions.
Airbus to pay US$4b to settle corruption probe, says French prosecutor
PARIS, Jan 31 — European planemaker Airbus will pay €3.592 billion (RM16.3 billion or US$3.98 billion) to settle corruption probes by US, British and French authorities into contract dealings, France’s financial prosecutor said today. The simultaneous settlements in Britain, France and the...
Tongaat shares back to JSE trading on Monday
It suspended trading on June 10 after revelations of accounting irregularities that saw its share plummet some 75% last year.
Report: Family farm bankruptcies jumped 20% in 2019
2019 was a tough year for American farmers. U.S. farm bankruptcies jumped 20 percent last year.
HBC board unanimously backs Baker offer in amended and stated circular
The board of directors of Hudson's Bay Co. has unanimously recommended shareholders support a sweetened offer to take the retailer private.
Crisis-hit Thyssenkrupp mulls sale of elevators units worth 15 billion euro
According to the Financial Times, Thyssenkrupp has attracted at least four bids for its crown jewel, including from Finnish lift maker Kone
Oyo rubbishes reports of large-scale partner loss, and exiting businesses
Currently, Oyo largely operates under three models - franchisee, leased and owned assets. The rooms under the franchisee model accounts for the largest number of its inventory of nearly 3 lakh rooms in India
Coronovirus: N95 masks in short supply in Bengaluru
Karnataka seeks 6,000 more personal protection kits from Centre
Pinterest Stock Should Spark Investors’ Interest With This New Feature
Pinterest just introduced “Try On,” the companies spin on augmented reality. What does this mean for Pinterest stock?
British Steel rescue under threat as French government opposes Jingye deal
The Chinese takeover of embattled British Steel is hanging in the balance after the French government said it would oppose the deal.
Top commander sees increased Iran threat in Afghanistan
KABUL, Afghanistan — There has been an increase in Iranian activity in Afghanistan that poses a risk to American and coalition troops there, a senior U..S. commander said, as the threat from Tehran continues to churn across the Middle East.
‘U.S. soldiers injured in Iran strike up to 64’
U.S. President Donald Trump had initially said no Americans were hurt by the missiles fired on a base housing U.S. soldiers on January 8.
Market watch: KSE-100 falls 273 points owing to global sell-off
Benchmark index decreases 0.65% to settle at 41,630.93
Crisis-hit Thyssenkrupp mulls sale of '15bn euro elevator unit'
Deciding the future of the elevator unit was the group's "top priority", said Merz, aiming to raise billions of euros in fresh capital that could be used across the conglomerate's struggling divisions.
Rihanna is the world’s richest female musician — from yachting trips on the French Riviera to a staff that includes a chef and personal trainers, see how she spends her $600 million fortune
With an estimated net worth of $600 million, Rihanna, 31, is the world’s richest female musician. She was also the third highest paid female singer in 2019.
Rihanna is the world's richest female musician — from yachting trips on the French Riviera to a staff that includes a chef and personal trainers, see how she spends her $600 million fortune, Business Insider - Business Insider Singapore
Business Insider - While Rihanna is known to spend lavishly on beauty, fashion, and accessories, her favorite way to spend her fortune is on others.. Read more at businessinsider.sg
HUL to increase soap prices by 5-6 pc
According to HUL Chief Financial Officer Srinivas Phatak, prices of palm oil in the last six months have gone up by 25 to 30 per cent. "We would take the prices up in the soap part of our portfolio. We would be looking to price up between 5 to 6 per cent and they would come in a phased manner," Phatak said in a post-earnings conference call.
Aston Martin Lands Sugar Daddy in the Form of a Canadian Billionaire
A consortium led by Canadian billionaire Lawrence Stroll has agreed to buy a 16.7 percent stake in Aston Martin, pledging to increase that figure to 20 percent.
My Five
Ajay Kapur Founder & Managing Director, Shubham Chemicals and Solvents LtdBrisk walks & spiritual sessions for body and mind 1 To keep myself fit for a hectic schedule, I start my day
DAR exceeds 2019 targets in training, supporting farmer beneficiaries
The Department of Agrarian Reform (DAR) trained 467,890 agrarian reform beneficiaries last year, greatly exceeding its targets for the enhancement of their human, financial, and physical capital.
Startup India sees growth; Maha, Karnataka lead the race
The startup ecosystem in the country has seen an uptick in growth in the past few years, with a push from the Startup India initiative launched in August 2015. The Economic Survey said that startups
Billionaire Lawrence Stroll takes stake in ailing carmaker Aston Martin
Canadian billionaire Lawrence Stroll will take a roughly 20per cent stake in Aston Martin for nearly 200 million pounds (US$263 million) as the ...
MagicLab billionaire Andreev to launch new mobile app business
Move follows sale of stake in $3bn company to Blackstone
50 Million Of Cristiano Ronaldo’s 200 Million Instagram Followers Are Fake – Study
Football star, Cristiano Ronaldo recently celebrated reaching a whopping 200 million followers on Instagram but it appears his story might be 'ronbelievable'.
Gardaí targeting organised crime seize cash, gold bars and drugs worth €1.6m
Gardaí targeting organised crime have seized drugs worth €1.6m, gold bars and hundreds of thou...
Tech Mahindra to pick 70% stake in Cerium Systems
The cash transaction is expected to close by April 1, 2020.
2020 Classic Rock Super Bowl Commercials
A rundown of the 2020 classic rock Super Bowl commercials.
BDO survey: US tech firms fear trade war and Chinese innovation
Tech company chief financial officers are bullish about their company's short-term futures but are distracted by numerous regulatory and data privacy issues.
Economic Survey: India skids on ranking for protecting minority shareholders
The economic survey also patted the back of the government, stating that implementation of Goods and Services Tax (GST) has helped India in improving the ease of doing business.
Royal Enfield Classic 500 Tribute Black Limited Edition revealed
Royal Enfield is set to discontinue all of its 500cc UCE models; the limited-edition motorcycle will be the last to feature the engine. Click to know more.
Can a solo indie developer use ray tracing in their game?
Zeng Xiancheng on why the realistic lighting technique is not solely the realm of AAA developers
HBC board unanimously backs Baker offer in amended and stated circular
TORONTO — The board of directors of Hudson's Bay Co. has unanimously recommended shareholders support a sweetened offer to take the retailer private.
Novartis Revenue Jumps, And Other News: The Good, Bad And Ugly Of Biopharma
Novartis revenue jumps but net income falls for Q4.Hepion's CRV431 produces positive data.Amphastar gets a CRL.
US soldiers hurt in Iran missile strike up to 64: Pentagon
The number of US troops injured by an Iranian missile strike in Iraq this month has risen to 64, according to new figures released by the Pentagon. US President Donald Trump had initially said no
Lcal digital spending to grow 2.7 times in a market worth US$9.1 bil locally
KUALA LUMPUR: Digital spending in Malaysia is expected to grow 2.7 times in 2025 in a market estimated to be worth US$9.1 billion.
Betelgeuse Update: Dimmest Magnitude Recorded In 125 Years
Last week, the extreme dimming of the red supergiant knocked it out of the Top 20 brightest stars. However, there was worse news to come for the star as ne
Airbus paying £3bn to end global corruption probes
Courts in France, the US and the UK considering their own parts of the deal.
Airbus paying £3bn to end global corruption probes
Courts in France, the US and the UK considering their own parts of the deal.
UK trade bodies respond to points-based immigration proposal
UKIE suggests "little impact" on games industry, while TIGA welcomes attention given to creative and STEM sectors
What to watch, besides the Super Bowl, this weekend
Drama, fashion, nature’s machinations and music compete against the NFL championship game conformity
Govt should lean on growth instead of focusing on fiscal deficit: CEA
It is time to focus on growth and, therefore, cutting expenditure is not an option, probably because at a time like this, growth needs to be taken care of, he added
3M Company: Buy The Crisis, Collect The Dividends, And Sell The Turnaround
3M is absorbing substantial restructuring costs and just announced 1,500 layoffs.The market's reaction to recent news is not totally unjustified, but we are not so easily swayed. Stoic investing is we
Gallup: Credit Unions Feel The Love
The notion that credit unions (CUs) play country mouse to their more worldly banking cousins is beyond flawed, as a recent poll by the Gallup organization showed. Delving into customer sentiments across measures – including "helps me reach my financial goals" and "puts my financial well-being ahead of the interests of the bank" – Gallup found that credit unions are crushing it. Banks, not nearly as much. Banks did not surpass credit unions in any criterion used by Gallup. In fact, it wasn't even close. Though respondents had generally positive feelings about banks – for example, about financial institutions (FIs) being helpful during difficult life events – the focus on relationship-building and more personalized forms of finance have given credit unions the edge. For those who capitalize on it, the advantage will come in handy as FIs shapeshift their way to greater customer-centricity. How CUs sustain their unique brand of customer loyalty is among the core insights from the latest
Trade setup for Budget day: Nifty has strong support at 11,900, 11,850
On the upside, NSE Nifty has resistance at 12,125 and 12,200 levels.
Turkish tourism revenues jump 17% to $34.5 billion in 2019
2019 saw a booming tourism sector in Turkey with a 17% surge in revenues and a 14.1% rise in the number of visitors as the country is focused on further expanding the sector this year
US: Income growth is not what it used to be – Wells Fargo
Data released on Friday in the US showed that personal income rose 0.2% and spending 0.3% in December. Despite a tight labor market, year-over-year re
Budget 2020: Challenge for Indian Finance Minister is to Balance Growth, Fiscal Deficit
New Delhi (Sputnik): Amid the slowdown in the Indian economy, the government lowered its national income growth forecast from 7 percent to 5 percent for the current fiscal year. The Economic Survey tabled in Parliament on Friday pegged growth for 2020-21 at between 6 and 6.5 percent.
Consumer Sentiment Jumps Higher
Consumer sentiment was bolstered by record low unemployment, record gains in income, and near record lows in inflation. | Economy
A Few Short-Term Challenges Don't Cancel Ingersoll-Rand's Strong HVAC Results
Ingersoll-Rand's fourth quarter results were not strong as reported, with a $0.06/share miss at the operating line, but underlying HVAC performance was very good.Thermo King is going through its cycli
Good start, companies — now keep raising wages!
About a decade ago, when I started writing about how companies should strive to create value for stakeholders, not just shareholders, some of my business and finance friends thought I was nuts.
Miners Accumulating Ethereum at a Rapid Rate May Take ETH to Record High
The Ethereum (ETH) price could explode to record highs on the backs of an optimistic accumulation behavior. Data provided by cryptocurrency market
Caterpillar’s 2020 outlook adds more gloom to virus-shaken markets
The outlook signals headwinds for machine sales, which fell the most in nearly three years in December.
Economic Survey Bats For Market Economy, Shows How Government’s Intervention Can Do More Harm Than Good
The Indian state is not only involved in running businesses but also intervenes in markets quite frequently.
Economic Survey sources data from Wikipedia, other private entities
The Economic Survey 2019-20 has sourced certain data from Wikipedia, which is not considered as reliable source of information.
Arista Networks - Is This A Phoenix And The Implications Of The Apparent Big Switch Acquisition
Arista shares have bounced sharply since their nadir after the release of quarterly earnings and disastrous guidance.Some of the upside relates to the apparent acquisition of Big Switch by Arista afte
Good start, companies — now keep raising wages!
About a decade ago, when I started writing about how companies should strive to create value for stakeholders, not just shareholders, some of my business and finance friends thought I was nuts.
Thouxanbanfauni & UnoTheActivist Put On For The "North Side South Side"
The Atlanta duo strikes again. Whenever Thouxanbanfauni and UnoTheActivist link up in the studio, something special is bound to come out of that session. The two Atlanta natives are well-known in the underground rap community, bringing trap flavor and a less mainstream-oriented approach to the table...
Elegoo Mars Pro vs. Elegoo Mars: It's not much of a fight!
The Elegoo Mars has been hugely popular since its release, but now there is a new model, the Mars Pro. Is it worth the cost to replace? Let's find out.
Economic Survey: Building blocks for 'wealth creation' and $5-trn economy
Here is a snapshot of some of the 'new ideas' for the economy that the Survey focuses on
Nordea Appoints Virgin Money’s Ian Smith As New CFO & Head of Group Finance
Finland-based banking group Nordea Bank announced on Thursday it has appointed Virgin Money's CFO Ian Smith as its new CFO and Head of Group Finance. According to Nordea, Smith has an extensive background in the financial services sector in the UK and has held senior positions as a banking audit partner and later as Financial Services M&A leader at Deloitte. He also previously served as Director of Group Finance at Lloyds Banking Group plc and
Huawei phone sales beat Apple in 2019
Chinese firm topples iPhone maker but Samsung still leads the way.
Elon Musk is starting to resemble a 'quiet assassin' as the short-seller argument about Tesla disintegrates, an expert says
Tesla has an edge over other automakers in battery technology, charging infrastructure, and autonomous-driving technology, Gene Munster said.
Exxon quarterly profit falls 5.2% on weak refining, chemical margins
HOUSTON (Reuters) - Exxon Mobil Corp (XOM.N) on Friday reported a 5.2% drop in fourth-quarter profit on weaknesses in chemicals and refining and flat oil and gas output, with asset sales helping to stem the decline.
Schuh closes its Liverpool store for good
The store opened more than two decades ago
Airbus to pay around €1b in UK slice of global bribery settlement
LONDON, Jan 31 — Airbus, the world’s largest aircraft maker, will pay just under €1 billion (RM4.3 billion)in a British settlement to draw a line under a three-and-a-half year criminal investigation into allegations of fraud, bribery and corruption. The deal under a three-year Deferred...
Americans spent at slowest pace in 3 years in 2019, threatening powerhouse of US economy
American shoppers continued to serve as the engine of the US economy through volatile times last year, fuelling growth even as a global cooldown and trade tensions clouded the outlook. But there are signs that households are starting to pull back on spending.
2020 Mazda MX-5 Miata Arrives With Host Of New Features
Late last year, we reported that the Mazda MX-5 Miata would see a price increase for the 2020 model year, t...
Huzurnagar VVPATs slips destroyed
Following protocol of the Election Commission
Survey Shows Lack of Employee Engagement
A survey by Achievers revealed the reasons employees are dissatisfied with their current employees.
Bullish for Bitcoin: Mike Novogratz on BTC "Prospects Extremely Strong"
Novogratz became one of the most prominent people to delve into the Bitcoin space, having had a lot of clout on Wall Street.
Elon Musk Says 400-Mile Tesla Model S Is On The Horizon To Electrocute All EV Rivals
CEO Elon Musk recently proclaimed that the its flagship Model S will soon be capable of traveling 400 miles per charge.
US: UoM Consumer Confidence rose to 99.8 in January from 99.3 in December
The University of Michigan's Survey of Consumers revealed that the Index of Consumer Sentiment in January improved to 99.8 from 99.3 in December. This
PACCAR: Tech Shift Can Prove Lucrative
PACCAR is a leading trucking manufacturer which is working on new technological solutions for the trucking industry.With electric-powered trucks and autonomous driving being all the hype these days, t
Venture capital has no guesses as to what 2020 has in store
There appears to be no consensus on trends or sentiment.
Star Wars Jedi: Fallen Order beats EA's expectations, aiming to sell 10 million copies by March
During Electronic Arts' Q3 earnings call, the company noted that its predictions for Star Wars Jedi: Fallen Order had been beaten. The game is now expected to sell 10 million copies by March 2020.
Coca-Cola Is the Most Conservative Investment You Can Make
Coca-Cola stock was a star in the January market, but don't be fooled. This is a slow-growing dividend aristocrat.
ITI further extends FPO to Feb 5; issue subscribed 58% so far
Services of public sector banks were impacted as employee unions went on a two-day nationwide strike from Friday to press for wage revision.
Good start, companies — now keep raising wages!, Business Insider - Business Insider Singapore
Business Insider - We've been heading toward a "Better Capitalism," but if we're going to fix the American economy, companies need to keep raising wages.. Read more at businessinsider.sg
India Plans to Send 50 Satellite Launch Vehicles Into Orbit Within Next 5 Years - ISRO
New Delhi (Sputnik): India’s government space expenditure still lags behind that of the major players in the sector, such as the US, which spent about 13 times more than India in 2018, according to a report presented to parliament.
Three arrests as €1.6m worth of drugs seized by gardaí
Three people have been arrested in connection with the seizure of more than €1.6 million worth of heroin and cocaine, as well as €700,000 in cash, during a number of searches in the Leinster area.
India bans export of protective masks, clothing amid coronavirus outbreak
India banned exports of all kinds of personal protection equipment, including clothing and masks used to protect people from air borne particles.
Elon Musk Just Dropped A Chill EDM Track 'Don't Doubt ur Vibe' That Doesn't Suck
The world is a strange place when meme lord Elon Musk is dropping music.
The Crow Reboot Is Back in Active Development
After a year and a half on the shelf, the planned reboot of The Crow is reportedly back in active development.
Royal Enfield Classic 500 Tribute Black Announced; Launch On Feb 10
Royal Enfield Classic 500 Tribute Black will be the “The Last of the 500” carrying the long-stroke UCE 499 cc engine
Malaysia to send 18 million medical gloves to Wuhan for healthcare workers amid coronavirus outbreak
KUALA LUMPUR: The Malaysian government will be sending 18 million pieces of medical gloves to healthcare workers in Wuhan amid an escalating ...
Economic Survey: 'Counter-cyclical fiscal policy' to boost demand justified
The Survey places primary blame for the slowdown on global factors, saying 'the deceleration of India's GDP growth since 2017 has tracked the decline in world output'
I would buy NAB and these blue chip ASX dividend shares
National Australia Bank Ltd (ASX:NAB) and these blue chip ASX dividend shares could be great options for income investors...
7 Large-Cap Stocks to Buy For Insulation From Volatility
Recent market volatility on the back of coronavirus fears makes this a good time stock up on quality stocks with long-term stability.
Investors Should Forget Aurora Cannabis and Buy GWPH Stock Instead
Demand for legal cannabis is not as strong as bulls predicted. As a result, investors should avoid big names like Aurora stock.
Punjab Budget To Be Presented On Feb 25
The Amarinder Singh-led Punjab government will present its budget for 2020-21 on February 25.
Enphase: Promising Growth Vision
Enphase is widening its addressable market by integrating technologies like storage and energy monitoring.Enphase's IQ 8 microinverter will be a building block for the company's larger energy product
In Q4 2019 Nokia smartphone shipment crashed to 2.8 mi, declined YoY too
As per the report shared with us by CounterPoint Research, Nokia smartphone shipments crashed to only 2.8 million in Q4 2019 resulting in a 41% decline as compared to Q4 2018 shipments. The smartphone shipments declined by 27% on a Year-over-Year basis.
7 Underappreciated Foreign Dividend Stocks to Buy Now
This is a great time to add the benefits of diversification to your portfolio with some attractive foreign dividend stocks.
Economic Survey 2019-20: Food inflation higher in urban areas
Economic Survey moots tighter monetary policy in case of food, fuel price shock
Piper Sandler Companies (PIPR) CEO Chad Abraham on Q4 2019 Results - Earnings Call Transcript
Piper Sandler Companies (NYSE:PIPR) Q4 2019 Earnings Conference Call January 31, 2020 09:00 AM ET Company Participants Chad Abraham - Chairman & Chief Executive Officer Deb Schoneman - President T
EU bank regulators lay out tougher doomsday stress test
EBA factors in period of ‘low for longer’ rates and 4%-plus economic contraction
Yemen's Houthis say recent attacks on Aramco, airports in response to air strikes
CAIRO (Reuters) - Yemen’s Houthi military spokesman said on Friday the group had launched 26 rocket attacks in the past week against airports in southern Saudi Arabia, facilities belonging to oil giant Saudi Aramco and “two sensitive targets deep in” the kingdom.
I love this cheap, mechanical gaming keyboard... and it lights up too!
This Redragon 10-keyless mechanical gaming keyboard has increased my gaming enjoyment. I moved from controller to KB+M gameplay and things are better! I mostly wanted the insane update that moving …
Amazon rejoins $1tn club on back of blockbuster earnings
Bezos empire alongside Apple and Microsoft after further share price gains
City payouts in NYPD misconduct cases up by nearly $30M
In 2019, the city paid out $68,688,423 to people who claim they were aggrieved by cop misconduct including in cases of excessive use of force, assault, malicious prosecution, false arrest or false
Coronavirus shadow overseafood exports to China
MPEDA Chairman, however says the impact is minimal
PBF Energy: A Mexican Billionaire Can't Get Enough Of This New Jersey Refiner
Billionaire Carlos Slim's fund has indiscriminately bought up over 8 million shares in PBF since May to increase its stake to 17.6%.Slim's involvement in PBF is not immediately clear, though it may be
U.S. consumer, factory data suggest economy losing momentum
WASHINGTON (Reuters - U.S. consumer spending rose steadily in December, but tepid income gains pointed to moderate consumption growth this year, which together with slumping business investment likely set the economy on a slower growth path this year.
Economic Survey 2020: India has low rates of formal entrepreneurship
Large number of enterprises operate in informal economy not captured by data
HMD needs a standalone & cheaper Nokia smartphone portfolio adopting “better specs for money” strategy
It is certainly easier said than done but the way current Nokia smartphones are not really setting the markets on fire, HMD needs to revisit its smartphone startegy for sure. This quarter Nokia is not among the top 10 smartphone brands reveals the report from analyst firm Counterpoint research.
Ted Bundy kept victims' heads as trophies after having sex with decapitated corpses
Ted Bundy's ex girlfriend, Elizabeth Kendall, will speak for the first time in new Amazon documentary, Ted Bundy: Falling For A Killer
Canada: GDP bounced back in November – NFB
According to a report released on Friday, Canada’s real GDP rose 0.1% in November and 1.5% compared to a year earlier. Krishen Rangasamy, analyst at t
Verizon's Adding Subscribers, but Not Profits
Verizon's pricing and promotions are weighing on the bottom line.
Eurozone economic growth in 2019 was slowest in 6 years
Jan. 31 (UPI) -- Economic growth last year for the eurozone was the lowest it's been in six years, mainly hampered by slowdowns in France and Italy, the European Commission said Friday.
Google-Backed 1Life Healthcare Surges 58% in Trading Debut
1Life Healthcare Inc., a provider of tech-driven primary care clinics under the One Medical brand, closed its first day of trading up 58% after raising $245 million in an initial public offering.
Republicans Rally Around the Trump Economy
Consumer sentiment among Republicans is higher than it was when Ronald Reagan won his landslide reelection. | Economy
Apple’s AR glasses deserve an Apple Watch-style ‘early access’ launch
Apple's first Watch launched before it was fully baked, but early access helped users and developers learn what worked -- something the AR industry needs.
Samsung Galaxy A51 5G hops on GeekBench database
Samsung‘s Galaxy A-series is presently its top-selling series, thanks to the dynamism which the Korean giant introduced last year. The Galaxy A51 was one of the models released late last year. The brand is about getting a 5G variant as was seen in a recent GeekBench listing. EDITOR’S PICK: Xiaomi’s Aqara officially unveils its range …
Fiscal deficit hits 132% of full-year target
The deficit was 112.4% of 2018-19 Budget Estimate (BE) in the corresponding period.
Hindustan Unilever clocks 4% sales growth
Firm hit by weak consumer sentiment
Auckland is still New Zealand’s most traffic congested city - TomTom
Location technology specialist, TomTom (TOM2), today released the results of its TomTom Traffic Index, a report detailing the traffic situation in 416 cities and 57 countries around the world in 2019. Auckland took the top spot in New Zealand as the most congested city with drivers expecting to spend an average of 31% extra travel time stuck in traffic, worsening by 2% compared to the previous year result of 29%. This works out to be an additional 9 minutes for a 30 minutes trip. Wellington takes the 2nd place with a congestion level of 28%, followed by Hamilton (25%), Christchurch (21%), Tauranga (20%) and Dunedin (20%)
Can Apple's Wearables Segment Continue Its Incredible Growth?
Buyers are snapping up AirPods Pro as fast as Apple can produce them, and the AppleWatch shows solid growth and great potential.
Economic Survey 2020: 60% women in world's fastest growing economy do housework
Women's participation in labour force reduced to 25.3 per cent in 2017-18 from 33.1 per cent in 2011-12, Economic Survey found
RNC Sees Record Fundraising Numbers for Non-Presidential Election Year
The RNC closed out 2019 with a record $26.5 million raised in December, bringing it to $241.1 million raised throughout the year.
Xpel Inc: Racing With Exceptional Risk/Reward
Near term catalyst with Team Penske sponsorship.Longer term catalyst partnering with Roger Penske’s dealership network & trucking companies.Xpel's 10-year record is on par with some of the greatest st
How Idexx Laboratories Beat Expectations in Q4
The animal health company boosted its full-year 2020 earnings guidance, too.
Bury in liquidation danger as owner Dale fails to pay any money to creditors
Bury’s owner, Steve Dale, has failed to provide any of the money he pledged last summer towards paying the club’s debts via a company voluntary arrangement, creditors have been told
Realme 3 Pro gets official Android 10-based Pixel Experience ROM
The last year's Realme 3 Pro now is part of the list of smartphones with support for the Pixel Experience ROM (Android 10 based).
NSE: All-Share Index closes trading for January at 28,843.53
The All-Share Index of the Nigerian Stock Exchange (NSE) on Friday closed trading for the month of January below 29,000 mark following the dominance of the bears.
U.S. lifts sanctions on unit of China's biggest shipping company
In September, restrictions were placed on the Dalian units of China COSCO Shipping Corp., sending freight rates soaring as traders cancelled charters linked to the parent company.
Litecoin Price Analysis: LTC Surges 25% In A Week But Can Bulls Keep Up?
Among the top 20 cryptocurrencies, Litecoin is the best-performer after surging almost 15% under 24-hours. After correcting to $52 last weekend, buyers
SBI posts highest ever net on Essar Steel recovery
Asset quality improves, slippages stay elevated; no big ticket loan going forward, says CMD
Brad Pitt Planning Surprise Party For Jennifer Aniston’s 51st Birthday?
Is Brad Pitt really planning a surprise party for Jennifer Aniston’s 51st birthday next month? That’s the bogus claim in one of the new tabloids.
It's easier to buy a gun in Delhi than to set up a restaurant: Economic Survey
"Although India has significantly reduced the time and cost of starting a business, a lot more needs to be done," it said.
Akua GMB’s husband, Dr Kweku Oteng allegedly marries 5th wife in a private ceremony
The CEO of Angel Group of companies Dr Kweku Oteng per the rumours on social media is that he has added to his four wives a fifth. It is not well known when the millionaire went in for another wife as his last wife known to the public is former Ghana Most Beautiful contestant Sally […]
‘Fill vacancies in revenue, health,education wings on priority basis’
Recruitment should be need-based, says Jagan
Tech Mahindra profit dips 5% to ₹1,146 cr.
Firm’s revenue, however, rises 8% to ₹9,655 crore
Roses for Kobe and Gianna as Lakers return to action
Red roses adorned the courtside seats where Kobe and Gianna Bryant sat at the last Los Angeles Lakers game they attended. On the overhead video board, photos of Bryant in action for the Lakers alternated with those of the other seven people who were killed alongside him and his 13-year-old daughter in a helicopter crash.
Bank of India posts profit, scrip up 3%
The State-owned lender had posted a net loss of ₹4,643.71 crore in the year-earlier period.
Farm for sale but the locals are WILD! Animal park available for £1.5m comes complete with monkeys, porcupines, meerkats, goats, sheep and cattle
As well as native Scottish wildlife such as Highland cattle, goats and sheep, Auchingarrich Wildlife Park near Comrie, Perth and Kinross is home to several more exotic creatures like lemurs (pictured).
Neemuchwala quits Wipro, analysts say it’s good for tech giant
‘His tenure was fraught with struggles’
Stanley Black & Decker Comes In A Little Light, But Has Drivers For 2020
Stanley Black & Decker had a mixed fourth quarter, with revenue coming in a little light outside of Security, but good margins in the Tools & Storage business.A healthy residential repair/remodel mark
Broadridge Financial Solutions, Inc. (BR) CEO Tim Gokey on Q2 2020 Results - Earnings Call Transcript
Broadridge Financial Solutions, Inc. (NYSE:BR) Q2 2020 Earnings Conference Call January 31, 2020 08:30 AM ET Company Participants Edings Thibault - Head of Investor Relations Tim Gokey - Chief Executi
Financial Institutions, Inc. (FISI) CEO Marty Birmingham on Q4 2019 Results - Earnings Call Transcript
Financial Institutions, Inc. (NASDAQ:FISI) Q4 2019 Results Conference Call January 31, 2020 08:30 AM ET Company Participants Shelly Doran - Director, Investor and External Relations, EVP and General C
Buy the JPY, sell the AUD? – Rabobank
"At the bottom of the G10 league since January 21 are the NOK, the AUD and the NZD," note Rabobank analysts. Key quotes "These three currencies have b
Tesla Showing Similarities to 2017 Bitcoin, What Happens Next?
Tesla is among the top-performing assets of 2020 so far, and one of the few financial assets that has outperformed Bitcoin and the rest of the
VC Deals: AbbVie Joins $50M For Inflammatory Disease Treatments
Welcome to Seeking Alpha’s Venture Capital Deals of the Week. Follow this account and turn on the e-mail alert to receive VCDeals in your inbox on Friday afternoons. AbbVie Ventures (NYSE:ABBV) partic
3 ASX mining shares with dividend yields over 10%
If you're looking for huge income shares today then Whitehaven Coal Ltd (ASX: WHC) and these two mining companies definitely fit the bill.
Orders for NatShield Sanitizer Spike after Outbreak
KUALA LUMPUR / PERTH, Jan 30, 2020 - (ACN Newswire) - ASX-listed Holista CollTech (ASX:HCT, 'Holista') announced today a strong spike in demand in Malaysia for it all-natural disinfectant spray NatShield™ Sanitizer containing the powerful Path-Away® anti-microbial compound. The increased demand follows the recent outbreak of the deadly coronavirus originating in Wuhan, China.
Poland signs $4.6 billion deal for F-35 fighter jets
Poland signed a $4.6 billion deal with the United States on Friday for the purchase of 32 of its advanced F-35 fighter jets to enhance air defense on...
Amazon stock soars following strong Q4 earnings report
Amazon shares are soaring after the e-commerce giant announced fourth quarter earnings that smashed expectations.
Bank of Ghana keeps policy rate unchanged at 16 percent
news, story, article
DOMO Chemicals completes acquisition of Solvay’s European polyamides business
DOMO Chemicals (Ghent, Belgium; www.domochemicals.com) has completed its acquisition of Solvay’s Performance Polyamides Business in Europe. This Business i
Vedanta profit rises 49% to ₹2,348 crore
Revenue, however, drops 10% to to ₹21,126 crore
Fed's Clarida: Yield curve inversion reflects global uncertainty rather than US outlook
Commenting on the recent inversion of the yield curve, Federal Reserve Vice Chairman Richard Clarida said that he was not worried about it and argued
160 neighbours complained - but this Oldham home WILL become a HMO
The owner said he was catering for high end professionals, and refurbished properties to the ‘highest possible standard’
Banking services hit as employees strike work in Prakasam
20% hike in pay, five-day working week top their demand list
Chevron reports worst quarterly loss in a decade
Jan. 31 (UPI) -- Chevron on Friday reported its worst quarterly loss in a decade -- $6.6 billion for the last three months of 2019, due mainly to a write-off of its Appalachian shale production sites.
Core sector grows at 1.3% in Dec. 2019
The growth was, however, lower than the 2.1% recorded in December 2018.
HUL volume growth surprises, profit before tax up 14% in December quarter
The company's volume growth is also ahead of the overall FMCG sector's
Lyft Has 99 Problems, But This Ain't One
Lyft has several problems today, but low barriers to entry might not be one of them.Each price cut by Lyft increases the cost of entering its industry because Lyft's own prices are the cap on payments
Recession fears and how to combat them in 2020
The fear of not being able to pay for necessities is likely tied to the fear of an increased cost of living, so cutting your ongoing monthly spending is a good place to start.
Privatised CPSEs reported better profit, sales after transition: Economic Survey
Most privatised CPSE witnessed improvement in net worth, profit, gross revenue and sales growth after the transition, the Economic Survey has said.
Once-endangered 1855 Indiana home is revived as an inn
ATTICA, Ind. — Five months ago, Katy Kays was in Attica looking at a property she was thinking about buying, renovating and reselling. As Kays poked around a house that could have used a handy touch before the general manager of Lafayette’s Achieve Marketing and Consulting tried to flip it, she said she had a …
Wuhan coronavirus: 1,500 SAF personnel packing 5.2m masks in 24-hour operation
SINGAPORE: A total of 1,500 Singapore Armed Forces (SAF) personnel are packing 5.2 million surgical masks for distribution to the public, as ...
PS4 game sales top 1 billion all-time, says Sony
More than 274 million games sold in 2019
Despite Its IPO Success, Peloton Might Just Be a Fitness Fad
Despite its stellar revenue growth, investors should be cautious. Peloton stock might fall prey to new fitness trends or cycling competitors.
Rs 7,000 crore worth of transactions hit due to bank strike in Tamil Nadu
All India Bank Employees Association (AIBEA) general secretary CH Venkatachalam told Express that nine lakh cheques worth Rs 7,000 crore in the state could not be processed due to the bank strike.
Grab an unlocked 512GB Galaxy Note9 and carry all your media offline for just $685 (45% off) (Update: Even cheaper)
If you're eyeing a Galaxy Note10 but don't want to spend a fortune on one, you might want to consider a Note9. Even though it's not the company's latest
American optimism toward economy surges to 9-month high as job market hums
American households were more optimistic about the economy this month as a historically strong labour market helped offset a wave of potential concerns, including the impeachment trial of President Donald Trump and developments abroad.
Auto industry slowdown temporary: Economic Survey
The survey said that the “temporary auto slowdown may be attributable to certain other reasons such as lack of credit, base effect (as in last few years auto sector has grown rapidly), and structural changes like adoption of newer fuel standards from BS-IV to BS-VI from April 20 etc.”
EA is happy with Jedi: Fallen Order's sales
EA had high hopes for Star Wars Jedi: Fallen Order, but its expectations have been surpassed. Respawn's singleplayer narrative-driven Star Wars game has already outperformed its sales targets. In EA's recent third quarter financial ear...
Outflows lead to restrictions on Aviva property funds
Investors in two Aviva Life and Pensions commercial property funds have been told they cannot withdraw their money for six months because of recent net outflows.
To mask or not to mask: confusion spreads over coronavirus protection
SINGAPORE/KUALA LUMPUR (Reuters) - “Do not wear a mask if you are well” read a warning plastered across the front of Singapore’s main newspaper on Friday, as authorities around the world sought to calm panic buying of masks seen as a guard against the fast-spreading coronavirus.
Coronavirus In Context
Experts are projecting that the current outbreak may get worse before it gets better.However, the mortality rate is below that of SARS with the elderly and people with pre-existing conditions being mo
€1.6 million in drugs, €700,000 in cash and 'a number of gold bars' seized by gardaí
Two of the searches were by gardaí targeting international crime.
ITC Q3 pre-tax profit rises 4.5% to Rs 5049 cr on hotels, agro businesses
The company said that the macro-economic environment continues to be adversely impacted as reflected in GDP growth, and persistent weakness in consumption demand and investments
UN Urges Int'l Community to Rebuild Sudan Economy
A top UN official has warned that the international community would "pay a terrible price" if it fails to help rebuild Sudan's dilapidated economy as the African country transitions to civilian rule. "The story of Sudan in year 2020 is not the story
BattleTech feels reborn, thanks to brutal mod RogueTech
The near-total conversion has me hooked
Romania's Transgaz signs MoU on development of natural gas networks in Eastern Europe
Romania's Transgaz national natural gas transmission corporation signed on January 28 a Memorandum of Understanding (MoU) on the Partnership...
Survey doesn’t address ground realities: Cong.
‘It’s an exercise in obfuscation’
Brexit: EU Leaders Wish For Unity, Hope as UK Departs From Its Bloc
The United Kingdom formally exited the European Union treaty on Friday after three-long years of debate.
Revival in sight: Economic Survey pegs FY21 GDP growth at 6-6.5%
Fiscal targets may have to be relaxed for the current year
Vinda International: Favorable Tailwinds Persist
Vinda International recorded its highest quarterly gross margin in history at 36.0% for 4Q2019, largely due to low wood pulp prices.Vinda International's revenue growth slowed in 4Q2019, but the compa
Jaejoong's fans start petition demanding for a fair and accurate ranking from KBS Music Bank for excluding his mini album 'Aeyo'
Kim Jaejoong released his 2nd mini-album 'Aeyo' on January 14 and has topped Gaon and Hanteo weekly album physical sales for 2 consecutive w…
Survey trusts free markets to create wealth
CEA Krishnamurthy Subramanian suggests many micro solutions for macro problems
Economic Survey 2020 Brings Out ‘Thalinomics’ To Quantify What A Common Man Pays For Thali Across India
Thalinomics attempts to answer whether a thali has become more or less affordable.
Cork's Montenotte is on the move, boy
With a sunroom, a C3 energy rating, and a price drop in the order of €30,000, No 6 Montenotte Grove sounds like an healthy option for anyone looking for a fine family home, in a settled suburb on the up and up - with the Montenotte Hotel now a standard bearer.
Prosecution seeks jail for expelled Yale-NUS student who filmed shower videos of housemates
SINGAPORE: Prosecutors on Friday (Jan 31) sought a jail term of more than seven months for a student who was expelled from Yale-NUS College after ...
Nokia smartphone and feature phone shipments were down in 2019 (+ Q4 2019 results)
Counterpoint Research released their full year and 4th quarter analysis of the mobile market of 2019. In the fourth quarter of 2019, Apple regained the title of the biggest smartphone vendor after …
Stocks decline as coronavirus keeps traders on edge
Stocks fell broadly Friday, the final day of the month, as traders tried to assess the potential economic impact of China’s fast-spreading coronavirus while weighing earnings from Caterpillar and Amazon.
Booz Allen Hamilton Holding Corporation (BAH) CEO Horacio Rozanski on Q3 2020 Results - Earnings Call Transcript
Booz Allen Hamilton Holding Corporation (NYSE:BAH) Q3 2020 Earnings Conference Call January 31, 2020 08:00 AM ET Company Participants Nick Veasey - Vice President of Investor Relations Horacio Rozansk
GRAINS-Soybeans extend losing streak on coronavirus fears; corn firm, wheat weak
(Recasts, updates with U.S. trading, adds new analyst quote, changes byline/dateline; pvs PARIS/SYDNEY)By Mark WeinraubCHICAGO, Jan 31 (Reuters) - Chicago Board of Trade soybean futures fell on Friday, on track for their ninth straight day of losses, as concerns about the coronavirus cutting into Chinese demand beat back any attempts at a bargain-buying bounce, traders said.
Coronavirus: US stocks lose one per cent and Brits land back in UK
Wall Street has now fallen over one per cent as fears over the coronavirus outbreak continue to damage markets around the world.
Here are a few nuggets from Economic Survey in order to prevent frauds
Financial services exports have remained stagnant, averaging about $5 billion in recent years
State taxes: Which are the most tax-friendly states for the wealthy?
Here is a list of 17 investments and strategies to help lower your taxes.
Building Micromobility At A Global Scale
Entering the competitive and complex electric scooter and bike market in Washington, D.C. is newcomer Helbiz, based in the U.S. but better known in Europe.
Trump failed to slash healthcare benefits for the poor when his Obamacare repeal effort collapsed — so now he's trying to do it on his own, Business Insider - Business Insider Singapore
Business Insider - Congress rejected the idea during the Trump administration's effort to repeal and replace the Affordable Care Act.. Read more at businessinsider.sg
OmiseGo-Backed Exchange Shuts Down
Go, the exchange powered by OmiseGo technology, has closed after months of negligible volumes and regulatory difficulties. Go Exchange Closes on Low
My Chemical Romance’s YouTube Views Increased As Their Shows Went On Sale
With My Chemical Romance's third and final UK stadium show going on sale, YouTube have reported an increase in views.
Managing investment, trade deficit: Are omnibus laws panacea for growth?
Two omnibus laws on job creation and taxation seem to be Jokowi’s new silver bullets to simplify Indonesia’s jungle of red tape. But are these laws the panaceas we have been looking for?
FP Dealmakers: Foreign firms gobbled up record number of Canadian companies in 2019
A number of Canadian companies were bought out by rivals or private equity firms last year
Manish Pandey takes India to 165/8 in fourth T20
Manish Pandey led India's recovery with an unbeaten 50 off 36 balls, taking the visitors to 165 for eight against New Zealand in the fourth T20 International here on Friday. Put into bat, India were
Volkswagen opens up on pricing and specification details for T-Roc Cabriolet
Convertible crossover can be had from £26,750 with order books now open
The Samsung Galaxy S20 series could be released on 6 March 2020
The next big event this 2020 is none other than Samsung Unpacked 2020 and it's coming earlier than scheduled. However, we got some interesting news that the release date for the Samsung Galaxy S20 series is sooner than expected which is 6 March 2020.
After Split With FOX Channels, Roku Users Will No Longer Be Able to Stream Super Bowl
The news sent the stock on an abrupt downward trend, falling as much as 6.1% intraday
Wolves' Jordan Graham joins Gillingham on loan
Wolves winger Jordan Graham has joined League One outfit Gillingham until the end of the season.
When It Comes To Cannabis Plays, Stay Away From Aurora Stock
Without a clear strategic plan to lower Aurora Cannabis's debt pile, a bet on Aurora stock would be nothing more than a gamble.
Magazines Dive Into Retail Again — This Time With Pot, Fashion And Delivery
Retail and magazines have always had a relationship, and recent developments indicate magazines are looking to take a more direct role in retail.
Economic Survey 2019-20: India can chart China-like export trajectory
It calls for integrating ‘Assemble in India for the world’ into Make-in-India
Your guide to the February ASX reporting season
Investors are bracing themselves for what could be a volatile February reporting season. Here are some stocks and secotors you should watch.
Panic in markets: If Coronavirus is not tamed, trade with China may slump
The real impact of trade can be gauged after February 8 when the Chinese New Year holidays end
Theresa May Has Earned Almost £400,000 Since Quitting As Prime Minister
May will receive a £190,000 “signing bonus” after agreeing a deal with the Washington Speakers Bureau agency last month.
Brexit brings a new dawn for United Kingdom: Boris Johnson
47-year-long membership of EU ends
Uptick in retail prices in FY20 mainly on veggies, pulses: Economic Survey
Consumer price inflation has been witnessing moderation since 2014, however, there has been an "uptick" in the prices of food items, particularly vegetables, owing to output disruptions and low base
Nissan calls for clarity over post-Brexit trade deal
Businesses are likely to face significant changes in the way they trade, says chambers of commerce.
Trump failed to slash healthcare benefits for the poor when his Obamacare repeal effort collapsed — so now he’s trying to do it on his own
The Trump administration unveiled a plan on Thursday to allow states the option of capping spending on health benefits for millions for Americans, likely prompting them to cover fewer people after Congress rebuffed the idea during the drive to repeal and replace Obamacare in 2017.
GST collection crosses Rs 1.1 trn mark in January; in line with the target
In January, domestic GST collection was around Rs 86,453 cr. Around Rs 23,597 cr was collected through IGST and cess
How Political Changes Could Impact Walmart Stock
With a high forward P/E, Walmart stock is priced for perfection. Watch out for political changes this year, which may impact shares.
Amazon Sees Upgrades All Around Wall Street Following Solid Cash Flow, Operating Income
Web hosting services seller and online retailer Amazon.com, Inc is seeing fresh optimism from Wall Street following strong revenue growth.
85th sahitya sammelana sees surge in registrations
21,130 delegates sign up for the event to be held in Kalaburagi
OCHIENG: If not people what else makes a population?
Both population and people come from the Latin populus and the Greek populos — ordinary folk.
Can the Fed heavily pressure the USD? – Rabobank
"While the DXY dollar index turned lower following the dovish leaning of the FOMC on January 29, it remains above its January 21 level," note Rabobank
Buyer Payments And Seller Payouts In A Changing Sharing Economy
Here's a look at the evolution of buyer payments and seller payouts in the changing sharing economy.
Your business week: Halo Business Angel Network, SFA Business Connect 2020
Expert insight on hand from conference in Co Wicklow organised by Enterprise Ireland
QLDC lifts Luggate water restrictions
With demand having dropped, Queenstown Lakes District Council (QLDC) has lifted water restrictions in Luggate.
Musk says Model S to get 400 mile range in the future
Elon Musk mentioned during an investors call that his auto company is still working to improve the range on the Model S and X vehicles.
Tractor Supply's Shopper Trends Turn Negative
The retailer blamed unusually warm winter weather for a sharp growth slowdown over the holiday season.
Rand tumbles to 11-week low as coronavirus, power cuts weigh
The rand fell by nearly 4% over the week.
Trump failed to slash healthcare benefits for the poor when his Obamacare repeal effort collapsed — so now he's trying to do it on his own
The Trump administration unveiled a plan on Thursday to allow states the option of capping spending on health benefits for millions for Americans, likely prompting them to cover fewer people after Congress rebuffed the idea during the drive to repeal and replace Obamacare in 2017.
Economic Survey backs Temasek-like model proposed for divestment
Survey recommends transferring stake of listed govt firms to a corporate entity
Luckin Coffee Should Perk Up Your Portfolio
Luckin is growing at a breakneck pace.Profitability is on the horizon.The business and growth plan seem solid.The recent price drop provides a good entry point.
ITC Q3 net profit grows 29% to Rs 4,048 crore
Net sales increased 5.71 per cent during the December quarter this fiscal to Rs 13,220.30 crore, as opposed to Rs 12,506.05 crore in the corresponding period a year ago
India's annual growth slows to 5% as New Delhi vows revival
India needs to create jobs for the 1.2 million new entrants to the labor market every month but unemployment levels have hit a four-decade high.
Economic Survey: Take a cue from China to create 40 million jobs by 2025
Economic Survey: Take a cue from China to create 40 million jobs by 2025 Survey suggests integration of Assembling in India into Make in India
EUR/USD approaches a 1.1100 as the US dollar drops further versus majors
The EUR/USD pair rose further and printed a fresh weekly high at 1.1090. So far today it gained more than fifty pips, having the best daily performanc
Stroll acquires stake in Aston Martin
A consortium that includes Quebec billionaires Lawrence Stroll and Andre Desmarais is taking a significant stake in British car manufacturer Aston Martin — a move expected to have repercussions in the Formula One world.
Apple Supplier Japan Display Reaches $930 Million Bailout Agreement With Ichigo
Struggling Apple supplier Japan Display has reached a deal with Ichigo Asset Management to receive up to 100.8 billion yen ($930 million USD) in bailout funding.
Greece still records highest youth unemployment in Europe
Greek City Times Article
20 new officers for Suffolk as council tax rise for police funding approved
Council tax bills in Suffolk are set to rise after an increase in the share of policing funding was approved.
Atlanta Fed's GDPNow stands at 2.7% for first quarter of 2020
The real gross domestic product (GDP) in the United States is expected to expand by 2.7% in the first quarter of 2020, the Federal Reserve Bank of Atl
NY Fed's GDP Nowcast fell to 1.5% for first quarter of 2020 from 1.7%
"Yesterday’s advance estimate from the Commerce Department of real GDP growth for 2019:Q4 was 2.1%. The latest New York Fed Staff Nowcast was 1.2%," n
Economic Survey 2019-20: GDP data accuracy story
The Economic Survey also added that since 10% increase in new firm creation increases district-level GDP growth by 1.8%.
Science and Mathematics to be taught in English again
KUALA LUMPUR: Science and Mathematics subjects will once again be taught in English.
Saudi int’l reserves record three-year high in 2019
Riyadh – Mubasher: Saudi Arabia’s foreign reserves grew by 0.59% year-on-year in 2019, recording its highest level in three years. Saudi international reserves rose to $499.54 billion in 2019, compared to $496.59 billion in the year-ago period. It …
Is 2020 set to be the year for farmers to act or to take stock?
East Anglian farmers wanting to buy or sell land should
Extreme Volatility Inbound: Why Today Is Critical For the Crypto Market
The crypto market has risen over 40% since the start of 2020, thanks to gains from Bitcoin, Ethereum, XRP, and other altcoins.
Economic slowdown bottomed out, uptick from here onwards: CEA K V Subramanian after Economic Survey
Chief Economic Adviser K V Subramanian on Friday said India's GDP is expected to grow at 6-6.5 per cent next fiscal as the economic slowdown has bottomed out.
Business as usual at PBA Holdings despite criminal case on shareholder
GEORGE TOWN: PBA Holdings Bhd (PHB), which owns Penang water supply company Perbadanan Bekalan Air Pulau Pinang (PBAPP) Sdn Bhd, today said the on-going criminal case involving a PHB shareholder has no effect on the standing and operations of the company.
Uber Stock: A 2020 Survival Guide
The leading ridesharing service is revving up this year after a dud rookie season. Let's see what needs to happen for things to stay that way.
LVMH banked $59 billion in revenue last year — here are 17 of the most iconic brands the French luxury giant owns
LVMH remains the world’s largest luxury goods conglomerate, with revenue reaching $59 billion last year, as reported by Chantal Fernandez at Business of Fashion. Fashion and leather good sales reached $24.5 billion, which is up 17% year-over-year. Across all sectors, the company’s total revenue was up 10% year-over-year.
Privatisation pitch: BPCL’s short-term price rally not a convincing argument
What really matters for long-term wealth creation is true reforms and free market
These 3 Stocks Are Too Cheap to Pass Up
Who's looking for a deal?
BS6-compliant Lexus NX launched at Rs 54.90 lakh
Lexus has upgraded the NX’s engine to meet the upcoming BS6 emission norms. Click here for more details.
The Bubble: Bigger, Fatter, Uglier
Reflecting on presidential debate proclamations past.What progress has been made in addressing the big, fat, ugly bubble identified in September 2016?What are the implications of the bigger, fatter, u
USD/CHF slumps to two-week lows near 0.9640
The USD/CHF pair came under renewed bearish pressure in the last hour and slumped to its lowest level since January 16th at 0.9639. As of writing, the
Factbox: Bayer faces lengthy Roundup appeals and settlement talks continue
(Reuters) - Bayer AG’s (BAYGn.DE) shares have taken a hit since three consecutive U.S. juries awarded more than $2 billion in damages to cancer patients alleging that the company’s glyphosate-based weed killer, Roundup, caused their disease.
Does Sensex really mirror the economy?
Change in index constituents also influenced by trading volume, market capitalisation
Next-gen Mini is on hold over Brexit and cost-cutting
Mini reportedly has delayed the development of its next-generation Cooper, due to cost pressures and Brexit uncertainty. Most Minis are built in the UK.
Kingdom Hearts III's DLC Re: Mind Leaves Nothing but Bad Memories
If this what we can expect, it's probably okay that there won't be any more DLC for this game.
7 European ETFs to Buy as the Continent Begins Its Rebound
European equity markets have long lagged the U.S. But these European ETFs are worth a second look with nice valuations and yields.
U.S. sanctions Iran's atomic power chief for nuclear violations
Jan. 31 (UPI) -- The U.S. Treasury has imposed fiscal sanctions against Iran's nuclear energy chief and ordered his U.S.-linked assets frozen, amid ongoing tensions between the Washington, D.C., and Tehran.
Economic Survey: India now global leader in monthly data consumption
For the quarter ending June 2019, the price of data was 7.7 per GB as compared to 200 per GB in June 2016. The Average Revenue Per User (ARPU) for GSM-based mobile services has also gone down substantially from 126 in June 2016 to 74.30 in June 2019, said the survey.
5 Stocks Under $5 With Colossal Growth Prospects
While some argue you get what you pay for, others say that stocks to buy trading at low levels can represent compelling opportunities.
Prosecution objects to Najib, family examining items seized by police
KUALA LUMPUR: The prosecution is opposing an application by Datuk Seri Najib Razak and his family for permission to physically inspect items allegedly purchased using funds siphoned from 1Malaysia Development Bhd (1MDB) which were seized from them shortly after the 14th General Election (GE14) .
Abdul Jalil succeeds Hamzah Bakar as Sapura Energy's chairman
KUALA LUMPUR: Sapura Energy Bhd has appointed Abdul Jalil Abdul Rasheed as its non-independent non-executive chairman, succeeding Datuk Hamzah Bakar, effective February 1.
OPEC's oil output in January declined 640K bpd to 28.35 million bpd
The crude oil output of the Organization of the Petroleum Exporting Countries (OPEC) fell 640,000 barrels per day (bpd) in January to 28.35 million bp
Brexit: Industry leaders give trade deal hopes and fears
LEADERS in Jersey’s fishing, farming and hospitality industries have outlined their hopes and fears as the UK prepares to leave the EU and negotiate a new trade deal by the end of this year.
Deficit at $11.8 billion
The federal government ran a deficit of $11.8 billion over seven months of its 2019-20 fiscal year compared with a deficit of $2.1 billion in the same period last year.
State of emergency declared as bushfire threatens Australian capital
Australian officials declared a state of emergency for the capital city of Canberra and surrounding regions on Friday, as soaring temperatures and strong winds threatened to propel a large bushfire beyond the control of firefighters.
Many regional reasons to say yay to Northwest chardonnay
Wineries are making more food-friendly versions of the white Burgundy wine than ever before.
Elon Musk: Full Self Driving May Be 'Feature Complete' But That 'Doesn't Mean Features Are Working Well'
During Tesla’s earnings call Wednesday evening Elon Musk mentioned that Full Self Driving tech is probably going to be released by the end of this year, and that the company may allow certain customers early access to a “feature complete” version of the software. Musk went on to clarify that this means the car...
Wealth creation to Thalinomics: All you must know about Economic Survey '20
The overarching theme of the Economic Survey 2019-20 is creation of wealth over time and the implementation of policies that act as enablers in creation of this wealth
Billionaire F1 owner leads rescue deal for 007 sport car maker Aston Martin: reaction
Luxury sports car maker Aston Martin Lagonda has agreed to sell a £182 million stake to a consortium led by a Canadian billionaire as part of a major fundraiser to protect the future of the British manufacturer.
$1.1 million California Chrome sibling up for claim at Aqueduct
Fort McHenry, the $1.1 million half-brother of the popular champion California Chrome, has been gelded and will run Sunday for a $50,000 claiming price at Aqueduct.
Munich-based SimScale closes €27 million to expand pioneering cloud-based 3D simulation software
German startup SimScale, one of world’s first production-ready cloud-based softwares for simulation, today announced that it has closed €27 million in Series C funding. Global venture capital and private equity firm Insight Partners led the round, with participation from existing investors: Earlybird, Union Square Ventures, June Fund, Vito Ventures, Bayern Kapital, and High-Tech Gründerfonds.
African Economic Outlook indicates steady growth through 2021
AfDB's 2020 African Economic Outlook shows that growth remained stable in 2019 at 3.4% and is on course to pick up to 3.9% in 2020, and 4.1% in 2021.
SBI posts highest-ever quarterly profit of Rs 5,583 crore in Q3
SBI Q3 results: The bank's gross non-performing assets (NPAs) ratio declined to 6.94 per cent in Q3FY20 versus 8.71 per cent in the same quarter last year
Record 31.19 million foreign nationals entered Japan in 2019
The number of foreign nationals who entered Japan in 2019 came to 31.19 million, logging a record high for the seventh consecutive year, the Immigration Se
Gas goes up, gas goes down
The price of petrol continues to yo-yo in the North Okanagan.
Premarket: World shares struggle for footing after virus-battered week
Oil and copper prices set for worst month since May
Number of foreign workers in Japan totals record 1.66 million
Chinese accounted for a quarter of the total with 418,327, followed by 401,326 Vietnamese and 179,685 Filipinos, the labor ministry says.
GDP growth neither over nor underestimated, data woes baseless: Eco Survey
The Economic Survey tabled in Parliament on Friday said the level and growth of a country's GDP informs several critical policy initiatives as it is a barometer of the economy's size and health
Crude Oil Futures: The negative view remains unchanged
Open interest increased by around 14.2K contracts on Thursday, reaching the second build in a row as per advanced readings from CME Group. In the same
February 2020 week 1 fuel price – RON 97 down 8 sen
Another Friday, and another round of the weekly fuel price update. More good news for RON 97 petrol users, because the price of the fuel has dropped
Listed companies in Taiwan required to disclose info in English starting July
The move signals Taiwan’s bid to draw foreign investors, which hold a combined 40 percent stake in local equity market
WTI pares back gains below $53 ahead of US drilling data
WTI (oil futures on NYMEX) reverses half the Thursday’s recovery rally and surrenders the $53 mark in European session this Friday. The black gold ext
GDP growth expected to rebound to 6-6.5 per cent in 2020-21: Economic Survey
The Economic Survey 2019-20 tabled in Parliament said there are tentative signs of bottoming out of slowdown in manufacturing activity and global trade, which will have a positive impact on growth in the next fiscal.
Markets cheerful despite slump in GDP growth, Sensex up 7%: Economic Survey
Benchmark indices Nifty50 and S&P BSE Sensex reached record highs during 2019-20 (up to January 16, 2020).
Rural students spend more in books, uniform, stationery than urban: Survey
Among those who were enrolled, drop-out rate was as high as 10 per cent at primary level, 17.5 per cent at upper primary/middle, and 19.8 per cent at secondary level, the survey added.
Arsenal submit 'lucrative' offer to sign Emre Can in deadline day transfer
Can could still return to the Premier League...
Warren Buffett's $4.6 million crypto lunch was eBay's priciest purchase in 2019. It still hasn't happened.
Warren Buffett’s $US4.6 million charity lunch was the biggest purchase on eBay in 2019. The eye-wateringly expensive meal still hasn’t taken place.
Thalinomics and the improved affordability of a plate of food
Move over the Big Mac Index! The Economic Survey 2020 has made a unique attempt to quantify the cost incurred in putting together one complete home-made meal — the healthy Indian thali.A trend of coin
Transfer news: Manchester United, Tottenham and Chelsea all target strikers on frantic deadline day
Strikers are the in-demand commodity as the January transfer market moves into its final hours. Several Premier League clubs have outstanding business to take care of, and for most a goalscorer would
Warren Buffett’s $4.6 million crypto lunch was eBay’s priciest purchase in 2019. It still hasn’t happened.
Warren Buffett’s $4.6 million charity lunch was the biggest purchase on eBay in 2019. The eye-wateringly expensive meal still hasn’t taken place.
A little-known trucking company surges nearly 58% after Volkswagen unit makes a surprise offer to buy (NAV)
US truck manufacturer Navistar's shares shot up in pre-market trading Friday, after a Volkswagen unit said Thursday it could buy the company in ...
Travel trends echo Brexit separation
As the UK leaves the EU, a study by ForwardKeys, which analyses global aviation capacity, flight searches and over 17 million flight booking transactions a day, reveals that since the UK’s referendum decision on June 23rd 2016 to leave the EU, the growth in travel to the EU has slowed and growth in travel to other parts of the world has picked up. There has been a similar reciprocal trend in the opposite direction amongst travellers from the EU, where
Aston Martin shares leap as Lawrence Stroll leads rescue deal
Shares in Aston Martin rose 20 per cent today as it was announced that Canadian billionaire Lawrence Stroll would take a 20 per cent stake in the carmaker.
Asia shares fight for footing after turbulent week
Asian share markets battled to regain their footing on Friday as investors clutched at hopes China could contain the coronavirus, even as headlines spoke of ever more cases and mounting deaths.
SBI profit jumps 41% to ₹6,797crore in Q3 on lower provisioning
Consolidated income rose to ₹95,384.28 crore in the third quarter from ₹84,390.14 crore in October-December 2018-19, SBI said in a regulatory filing
Royal Enfield to stop selling 500cc bikes in India, exports to continue
Royal Enfield Classic, Bullet and Thunderbird 500cc motorcycles will be available for retail in India only till March 31
Jeff Bezos added £10,000,000,000 to his fortune in just 15 minutes
The world's richest man just got richer.
Economic Survey 2020: The thali, India's own Big Mac Index
What Subramanian has done is somewhat similar to the Big Mac index, but at a national level. He has mapped out what a regular thali costs at a regional level and at the state level from 2007/08 to 2019/20
Volkswagen truck unit makes offer to buy Navistar in $2.9B deal
— Volkswagen AG’s Traton SE unit has offered to buy "the rest of" Navistar in a $2.9 billion bid, according to national media reports from Bloomberg and other outlets.
India's GDP growth neither over- nor underestimated, says Economic Survey
Recently, Arvind Subramanian, the Narendra Modi government's former chief economic adviser, had said India's economic growth rate has been overestimated by around 2.5 percentage points between 2011-12 and 2016-17 due to a change in methodology for calculating GDP.
Lil Wayne Reconnects With Mannie Fresh On "Mahogany"
Lil Wayne's flow is ridiculous. When he's in his bag, there's nobody who can snap with the feral intensity of Lil Wayne. His flow is elite, his references clever, sliding sleek wordplay in his schemes with ease. 'I'm a Libra I'll weigh it out, hope the reaper don't take me out,' he raps, on Funeral'...
USD/CAD moves back closer to multi-week tops/200-DMA
The USD/CAD pair reversed an early dip to sub-1.3200 levels and moved back closer to seven-week tops set in the previous session. Having touched an in
US tourism & leisure industry sees a drop of 10.3% in deal activity in December 2019
The US tourism & leisure industry saw a drop of 10.3% in overall deal activity during December 2019, when compared with the last 12-month average, according to GlobalData’s deals database. A total of 35 deals worth $415.18m were announced in December 2019, compared to the 12-month average of 39 deals. M&A was the leading category in the month in terms of volume with 19 deals which accounted for 54.3% of all deals. In second place was venture financing with 11 deals, followed by
Amazon lifts profit in Q4 despite weak international ops, sees mixed Q1
Amazon said revenues for its fourth quarter advanced to USD 87.4 billion from 72.4 billion the year before, including a negative forex effect of USD 120 million, well in line with expectations. Despite a forecast for a lower profit, the operating profit crept up to USD 3.9 billion from 3.8 billion, and the net profit lifted to USD 3.3 billion or USD 6.47 per diluted share, from 3.0 billion and 6.04 per share.
[PHOTOS] Malaysia Is Now Home To The World’s First-Ever In-Theatre Coca-Cola Cafe
Absolutely insta-worthy!
Budget 2020: How can FM Nirmala Sitharaman put India back on growth trajectory towards a $5 trillion economy
Union Budget 2020:
Economic Survey 2020 draws heavy references from Kautilya's Arthashashtra
Economic Survey 2020: The document also defends Kautilya and says that he is often misrepresented because of impartial reading of Arthshashtra
Watchdog probes jump in sterling before Bank of England rate decision
City watchdog the Financial Conduct Authority has opened an investigation into the jump in the value of the pound shortly [...]
Gardaí arrest three in connection with burglaries following pursuit outside Dundalk
Fourth person still being sought by Gardaí
Helping prepare medium business for 2020
Medium businesses don’t have the same resources as larger businesses to pursue new technology improvements, says Brad Pulford, GM – Channel & Distribution at Dell Technologies Africa.
Retirement Target Date Allocation Glide Path In-Depth View
Allocation between OWN, LOAN and RESERVE Super Classes will determine the bulk of your investment returns.Age or retirement target date Allocation Glide Path provides guide to OWN and LOAN allocation
Economic Survey: Time to scrap Essential Commodities Act?
‘Government intervention in agriculture market doing more harm than good’
Britain set to leave the European Union, nearly 4 years after Brexit vote, 3 prime ministers
The United Kingdom is leaving the European Union Friday, becoming the first country to leave in its 62-year history.
Roy Woods Returns With New Song "Shot Again"
Listen to a new song from the OVO crooner. After a relatively quite 2019, Roy Woods is looking to bounce back stronger than ever this year. With an album set arrive later this year, the OVO crooner decides to come through today and share his first song of the year called “Shot Again.” Ov...
China's yuan finds its feet after vote of confidence by WHO on coronavirus
The World Health Organisation said late on Thursday that the coronavirus outbreak was a global emergency, but opposed travel ...
Coronavirus: Spurt in fertiliser import costs seen due to plant closure
Exporters not to worried for now, say concerns may kick in only if virus spread isn't controlled; leather sector stand to gain.
SpaceX's workhorse Falcon 9 rocket expected to reach major launch milestone in 2020
Hours after SpaceX launched its 240th new Starlink satellite into orbit, Elon Musk took to Twitter to cryptically reveal that the company’s workhorse Falcon 9 rocket could “reach triple digits this year” if everything goes according to plan. Designed and built by SpaceX in the late 2000s, the Falcon 9 rocket launched for the first […]
Govt debuts pesticide to fight sweet potato pests
Reports indicate that some farmers have started slashing the vines to get rid of the pests
Economic Survey suggests cutting subsidy to increase fiscal legroom
Cutting the food subsidy can help provide more fiscal room, according to the Economic Survey.
Economic Survey Projects India's GDP Growth at 6-6.5 Per Cent for 2020-2021
New Delhi (Sputnik): Amid the widespread slowdown in the Indian economy, the government lowered its national income growth forecast for the current fiscal year from April 2019-March 2020 to 5 per cent against the earlier projections of 7 per cent.
Economic Survey 2020: Theme, Colour, Significance | All You Need to Know
"As PM Narendra Modi said wealth can't be distributed unless it's created," said the CEA explaining why wealth creation has been chosen as the theme of this year's economic survey
Uptick in retail prices in FY20 mainly on veggies, pulses: Survey
The Economic Survey 2019-20, presented in Parliament by Finance Minister Nirmala Sitharaman stated that inflation has been witnessing moderation since 2014, however, recently there has been an "uptick
VN-Index plummets further amidst coronavirus crisis - VnExpress International
The benchmark VN-Index plunged 22.96 points, or 2.39 percent, to 936.62 Friday to reach its lowest level since February 11 last year.
China's factory activity falls in January as virus fears grow
Official figures released Friday showed that the Purchasing Managers' Index (PMI) for manufacturing, an early gauge of factory activity, came in at 50.0, down slightly from 50.2 in the month before. A reading above 50 indicates the sector is expanding while below 50 shows a contraction.
Unilever sales growth stagnates amid sluggish household consumption
The Anglo-Dutch company booked a 2.7 percent year-on-year (yoy) growth in sales to Rp 42.9 trillion (US$3.15 billion) in 2019, the company said in a statement obtained by The Jakarta Post on Thursday.
Uptick in retail prices in FY20 mainly on veggies, pulses: Economic Survey
The Survey has recommended measures to safeguard farmers through procurement under Price Stabilization Fund to help regulate the price volatility of important agri-horticultural commodities and also added that MSP needs to be made more effective. For the current financial year so far, food and beverages emerged as the main contributor to retail inflation.
IHG debuts upscale brand, voco in Africa with Valor Hospitality Partners Africa
JOHANNESBURG, SOUTH AFRICA - InterContinental Hotels Group, one of the world’s leading hotel companies, has signed voco The Bank, Rosebank in South Africa in partnership with Valor Hospitality Partners Africa. Earlier this year, IHG announced the signing of a Master Development Agreement (MDA) with Valor Hospitality Partners Africa to roll out multiple franchise hotels over the next 10 years, across IHG’s portfolio of brands in midscale, upscale and luxury segments. This is the first signing under the MDA and adds
GBP/USD looks supported by the 1.2929/08 band – Commerzbank
In opinion of Karen Jones, Team Head FICC Technical Analysis Research at Commerzbank, Cable looks supported by the 1.2929/08 region. Key Quotes “GBP/U
The Week In Payments: China, China, Challenger Banks And Bitcoin
If there were a theme in the big headlines this week in payments, financial services and commerce, it would have been movement.
USD/JPY stays under pressure and targets 108.40 – UOB
FX Strategists at UOB Group keep the negative view on USD/JPY and still see a potential move to 108.40 in the next weeks. Key Quotes 24-hour view: “Th
Warren Buffett's $4.6 million crypto lunch was eBay's priciest purchase in 2019. It still hasn't happened., Business Insider - Business Insider Singapore
Business Insider - Tron chief Justin Sun bought the charity meal with Berkshire Hathaway's boss but bailed at the last minute, sparking conspiracies.. Read more at businessinsider.sg
Govt plans to sell 15% take in HAL via offer for sale
The government is planning to sell 15 per cent stake in Hindustan Aeronautics Ltd (HAL) through an offer for sale, which could fetch about Rs 4,000 crore to the exchequer.
Public Mutual declares distributions of more than RM64m for five funds
KUALA LUMPUR, Jan 31 — Public Mutual, a wholly-owned subsidiary of Public Bank, today declared distributions amounting to more than RM64 million for five funds for the financial year ended January 31, 2020. The gross distributions include 5.0 sen per unit for Public Money Market Fund, 4.25 sen...
'A joke': Palestinians slam Trump's proposal for new capital
Abu Dis, occupied West Bank – Just outside of Jerusalem lies Abu Dis, a small village which US President Donald Trump's Middle East plan has earmarked as the new capital of a future Palestinian state.
Myanmar earns US$310 M from fishery exports in 2020
Myanmar earned about US$310 million from fishery export from October 1 to January 17 in this fiscal year and it is more US$45 million compared with the amount of fishery export in the same period in the last fiscal year, according to figures from the Ministry of Commerce.
DBKL to offer special traffic compound rates from Feb 1
KUALA LUMPUR, Jan 31 — Kuala Lumpur City Hall (DBKL) will be offering special traffic compound rates as low as RM15 for motorcycles, cars and heavy vehicles from February 1- March 3 in conjunction with Federal Territory Day. The public may check and settle outstanding fines at all DBKL payment...
Indiabulls Real Estate to merge certain Embassy Property projects with self
Embassy is in discussions with financial investors such as The Blackstone Group Inc. and others to raise up to $200 million before the said merger. This equity investment of $200 million will bring significant cash in the merged entity for expanding its business operations.
Formal employment rises from 17.9% to 22.8% in 6 years: Economic Survey
Economic Survey: A rise in share of formal employment indicates that more people are getting regular jobs and being employed in the organised sector.
China's factory activity falls in January as virus fears grow
China's manufacturing activity slipped in January, official data released Friday showed, as the country grapples with a new virus that has claimed more than 200 lives.
Bitfinex Exchange Launches Tether Gold (XAUT) Margin Trading with 5x Leverage
Bitfinex crypto exchange has announced the launch of its Tether Gold margin trading service. Traders on the platform can now trade various pairs of Tether Gold, including XAUt/USD, XAU/USDt and XAUt/BTC with up to 5x leverage, according to a press release on January 30, 2020.
Amazon lifts profit in Q4 despite weak international ops, sees mixed Q1
Amazon said revenues for its fourth quarter advanced to USD 87.4 billion from 72.4 billion the year before, including a negative forex effect of USD 120 million, well in line with expectations. Despite a forecast for a lower profit, the operating profit crept up to USD 3.9 billion from 3.8 billion, and the net profit lifted to USD 3.3 billion or USD 6.47 per diluted share, from 3.0 billion and 6.04 per share.
CELLINK resolves directed share issue of SEK 377 million
The Board of Directors of CELLINK AB (publ) has, based on the authorization given by the Company’s Annual General Meeting that was held on 18 December 2019, resolved on a directed share issue of 3,890,000 new shares of series B (corresponding to approximately 10 per cent of the total number of outstanding shares in the Company) at a subscription price of SEK 97 per share (the “Share Issue”), which means that the Company receives SEK 377,330,000 before transaction costs.
Tribal leaders make the case for sales tax-sharing deals
A new law would affirm a sales tax agreement the Tulalip Tribes reached with the state and county.
Economist who counted $40 billion cost from SARS predicts far bigger hit from new coronavirus
The global cost of the coronavirus could be three or four times that of the 2003 SARS outbreak, which sapped the world's economy by $40 billion, according
Risky Time For A Valero Investment
VLO beat earnings estimates for 4Q19.But market conditions have since deteriorated.Product stocks are oversupplied and refinery margins have dropped.The virus in China is a headwind of unknown depth a
Bank employees across India participate in two-day nationwide strike
The employees have joined the strike as the early wage revision settlement has been due since November 1, 2017
Asian investors eye low-cost housing - VietNamNet
JLL estimates that hundreds of millions of dollars from Japan, South Korea, Singapore and China are waiting to be funneled into Vietnam’s real estate market.
Hanjin heiress partners with KCGI, Bando for group's management control
The heiress of South Korean airline-focused conglomerate Hanjin Group, widely known for the "nut rage" incident in 2014, has joined hands with a local fund and a builder for the group's management control ahead of a shareholders meeting in March. In a joint statement with local activist fund Korea Corporate Governance Improvement (KCGI) and midsized builder Bando Engineering & Construction, Cho Hyun-ah,...
PSU banks staff strike may affect branch, ATM services
However, private sector lenders like ICICI Bank and HDFC Bank would be operational.
Fanuc Still Under Pressure From The Automation Slowdown
Fanuc didn't report a strong fiscal third quarter, but it was relatively in line and that comes as a relief.Orders continue to decline at a double-digit rate, and a sequential bump in FA orders is lik
Facebook walks back digital currency project Libra
Libra, Facebook’s digital currency initiative, has been faltering since late last year as partners started backing out after regulators opposed the plan. In a post-earnings conference call this week, Facebook chief executive Mark Zuckerberg said work on the Libra initiative is being handled by the Libra Foundation, stressing the separation between the foundation and the social…
Profit jumps at Hargreaves Lansdown despite Woodford scandal
Profit before tax at investment platform Hargreaves Lansdown climbed 12 per cent in the first half of its financial year [...]
Why Africa can no longer be ignored - AfDB - Premium Times Nigeria
The president of the African Development Bank (AfDB), Akinwunmi Adesina, has said that Africa can no longer be ignored because it has a huge market...
No, Bernie Sanders' Idea for National Rent Control Is a Terrible Idea
Bad economics.
Moloney feeling sharper after injury and exile
The Wasps hooker missed last year’s Six Nations through injury and is eager to sting Scotland.
Urmila Matondkar compares CAA with Rowlatt Act, gets WW II years wrong
"After the end of the Second World War in 1919, the British knew that unrest was spreading in India and that it could increase after the Second World
Billionaire F1 owner leads major rescue deal for sport car maker Aston Martin
Luxury sports car maker Aston Martin Lagonda has agreed to sell a £182 million stake to a consortium led by a Canadian billionaire as part of a major fundraiser to protect the future of the British manufacturer.
Thalinomics versus Dosanomics: a tale of two chief economic advisers
An average household that eats two vegetarian Thalis a day gained around ₹10,887 on average.The price of a vegetarian thali increased last year after falling ‘significantly’ for five years
Mellanox More Than Biding Its Time Into The Nvidia Deal Close
Mellanox reported fourth-quarter results that were significantly better than expected, with healthy growth in both InfiniBand and Ethernet product lines.There has been no update on the Nvidia-Mellanox
Copper Futures: There is still room for further losses
In light of preliminary prints from CME Group, open interest and volume went up by around 7.6K contracts and more than 3K contracts, respectively, on
EA: Our Games Will Blow People’s Minds in the Next Couple of Years Thanks to Next-Gen
EA CFO Blake Jorgensen boasted that the publisher's games coming in the next couple of years will blow people's minds thanks to next-gen.
Viral Video: Wuhan residents stuck at home due to coronavirus sing anthem, shout slogans
Videos emerged of residents of Wuhan, who have been restricted to their homes, singing patriotic songs together and shouting slogans to encourage each other.
Local automakers face difficulties sourcing auto parts from China
South Korean automakers are struggling to operate manufacturing lines here following difficulties in sourcing components from China due to the suspension of factory operations in the mainland. According to Hyundai Motor Group, the automaker has decided to cancel extra working hours at its Ulsan and Jeonju plants this week, following the temporary shutdown of the two partnering factories in China that are respo...
Farm confidence rises but concern about compliance costs is deep - Federated Farmers
Farmers are feeling slightly more positive than they were six months ago but very few believe general economic conditions will improve in the year ahead, the Federated Farmers Mid-Season Farm Confidence Survey shows.
Top ASX stock picks for February 2020
We asked our Foolish writers to pick their favourite ASX shares to buy in February 2020. Here is what they came up with…
Nirmala Sitharaman’s bahi khata: More for aam adami?
The buzz is that she will be addressing the demand side of economy — giving consumers more money to spend without cutting back on government expenditure on social schemes
Bitcoin Price Analysis: $10,000 In Sight, However Bearish Divergence Might Ruin The Bulls Party?
Since Bitcoin broke firmly above the $9K price line last Tuesday, we saw the coin consolidating mostly inside the range of $9300 - $9400. The beautiful
Here’s The List Of Top Ten Most Expensive Bank Accounts In Kenya
It will cost you at least Ksh17,750 per year to maintain the most expensive bank account in Kenya, a new study by Financial Sector Deepening (FSD) has found.The study found that Standard Chartered
GAN expects earnings to beat market expectations
Gambling software company anticipates earnings of between £7m and £8m
Notable turnaround in mineral production due to policy reforms: Survey
The production of major minerals during 2018-19 has recorded a growth of 25 per cent over previous year in terms of value, it said