Money
England to go into hard lockdown
- November 01, 2020
The Office for National Statistics estimated Friday that 1 in 100 people in England , well over half a million, had the virus in the week to October 23. There were calls for similar action in England, but Boris Johnson said they should carry on as normal. Both the chief executive of the British Retail Consortium, Helen Dickinson, and the chief executive of the New West End Company, Jace Tyrrell, described the lockdown as a "nightmare before Christmas". (more...)
- November 01, 2020
The Office for National Statistics estimated Friday that 1 in 100 people in England , well over half a million, had the virus in the week to October 23. There were calls for similar action in England, but Boris Johnson said they should carry on as normal. Both the chief executive of the British Retail Consortium, Helen Dickinson, and the chief executive of the New West End Company, Jace Tyrrell, described the lockdown as a "nightmare before Christmas". (more...)
Amazon briefs Sebi, BSE on Singapore ruling
- November 01, 2020
This is what has happened recently. Amazon last Sunday won an injunction to halt Future's deal with Reliance from a Singapore arbitrator both sides had agreed to use in case of disputes. "With respect to upholding the sanctity of contractual obligations, it is prudent that SEBI and other authorities take into consideration the interim order of the Singapore arbitrator when they are reviewing the proposed deal", one of the sources told PTI. (more...)
- November 01, 2020
This is what has happened recently. Amazon last Sunday won an injunction to halt Future's deal with Reliance from a Singapore arbitrator both sides had agreed to use in case of disputes. "With respect to upholding the sanctity of contractual obligations, it is prudent that SEBI and other authorities take into consideration the interim order of the Singapore arbitrator when they are reviewing the proposed deal", one of the sources told PTI. (more...)
Ready to ride: 2021 Triumph Trident 660 officially launched
- November 01, 2020
Triumph will bring the Trident 660 motorcycle to the Indian market. Triumph Motorcycles has made sure that the Trident is low on maintenance costs as well as the bike comes with a service interval of 16,000 km and gets a two-year, unlimited km warranty. (more...)
- November 01, 2020
Triumph will bring the Trident 660 motorcycle to the Indian market. Triumph Motorcycles has made sure that the Trident is low on maintenance costs as well as the bike comes with a service interval of 16,000 km and gets a two-year, unlimited km warranty. (more...)
Defying Apple, Spotify reports strong growth in both users and paid subscribers
- November 01, 2020
The company, hit at the outset of the COVID-19 pandemic by a drop in commuting when many users tune into its services, said on Thursday all regions had now fully recovered. Spotify is highly banking on podcast content to drive up this content consumption. On Instagram , Mr. Rogan defended his controversial guest. The latest release means Spotify has pulled further ahead from Apple Music , its closest competitor, which has around 60 million paying customers. (more...)
- November 01, 2020
The company, hit at the outset of the COVID-19 pandemic by a drop in commuting when many users tune into its services, said on Thursday all regions had now fully recovered. Spotify is highly banking on podcast content to drive up this content consumption. On Instagram , Mr. Rogan defended his controversial guest. The latest release means Spotify has pulled further ahead from Apple Music , its closest competitor, which has around 60 million paying customers. (more...)
Exxon’s revenue tanks 29% in Q3 due to COVID-19 disruptions
- October 31, 2020
All told, more than 400,000 oil and gas sector jobs have been cut this year, according to Rystad Energy, with about half of those in the United States, where several big exploration companies and most large oil service companies are headquartered. (more...)
- October 31, 2020
All told, more than 400,000 oil and gas sector jobs have been cut this year, according to Rystad Energy, with about half of those in the United States, where several big exploration companies and most large oil service companies are headquartered. (more...)
Man of the hour, Sonu Sood in Chiranjeevi’s ‘Acharya’?
- October 31, 2020
Sonu who became the "Messiah of Migrants" amid the coronavirus pandemic , on the show revealed to Kapil that he was the one who wrote the famous "Hum Tum Mein Itne Ched Karenge..." dialogue in the movie Dabangg . In the clip, we see a few migrant workers who reached their hometown safely amid the lockdown expressing their gratitude towards the star's gesture. (more...)
- October 31, 2020
Sonu who became the "Messiah of Migrants" amid the coronavirus pandemic , on the show revealed to Kapil that he was the one who wrote the famous "Hum Tum Mein Itne Ched Karenge..." dialogue in the movie Dabangg . In the clip, we see a few migrant workers who reached their hometown safely amid the lockdown expressing their gratitude towards the star's gesture. (more...)
Kia Motors America Donates 2020 Niro EV
- October 31, 2020
In a statement, the auto manufacturer shared that it will begin manufacturing prototypes of military vehicles within the year, with evaluations by the South Korean government scheduled sometime in 2021 after product testing. Kia states it also wants to use the technology in military vehicles to enhance capabilities of its road-going SUVs. Since those first examples rolled off the line, Kia has built 140,000 military vehicles - nine model types with countless variants. (more...)
- October 31, 2020
In a statement, the auto manufacturer shared that it will begin manufacturing prototypes of military vehicles within the year, with evaluations by the South Korean government scheduled sometime in 2021 after product testing. Kia states it also wants to use the technology in military vehicles to enhance capabilities of its road-going SUVs. Since those first examples rolled off the line, Kia has built 140,000 military vehicles - nine model types with countless variants. (more...)
Genesis GV70 is Hyundai's striking new answer to the BMW X3
- October 31, 2020
The current Genesis lineup is composed of the G70, G80 and G90 sedans and the GV80 SUV . Our early impressions of the GV70's styling are positive, as it has athletic proportions and is perhaps the most elegant example yet of Genesis' distinctive design language. (more...)
- October 31, 2020
The current Genesis lineup is composed of the G70, G80 and G90 sedans and the GV80 SUV . Our early impressions of the GV70's styling are positive, as it has athletic proportions and is perhaps the most elegant example yet of Genesis' distinctive design language. (more...)
'Covid sucks': Trudeau predicts tough winter
- October 30, 2020
Trudeau sought to spur hope as winter looms, despite the sombre words. Data indicates that younger, healthier people - who are more likely to recover without medical intervention - are driving the COVID-19 spike during this round of the pandemic. (more...)
- October 30, 2020
Trudeau sought to spur hope as winter looms, despite the sombre words. Data indicates that younger, healthier people - who are more likely to recover without medical intervention - are driving the COVID-19 spike during this round of the pandemic. (more...)
BP returns to profit after oil demand boom
- October 30, 2020
That was down from $2.2bn a year earlier, but a big improvement on its massive second-quarter loss of $6.7bn. Shares rose 3.1% to 206.25p this morning, down from 480p at the start of the year. BP slightly reduced its debt in the quarter and said it expected a further decline in the fourth quarter as a result of asset sales. BP's shares are down more than 50% this year and remain near 25-year lows, battered by weak oil prices and investor concerns about BP's ability to successfully ... (more...)
- October 30, 2020
That was down from $2.2bn a year earlier, but a big improvement on its massive second-quarter loss of $6.7bn. Shares rose 3.1% to 206.25p this morning, down from 480p at the start of the year. BP slightly reduced its debt in the quarter and said it expected a further decline in the fourth quarter as a result of asset sales. BP's shares are down more than 50% this year and remain near 25-year lows, battered by weak oil prices and investor concerns about BP's ability to successfully ... (more...)
United States unemployment claims fall to 751000, virus resurges
- October 30, 2020
More than 360,000 people filed for PUA benefits, which Congress created to help gig workers, the self-employed, and others not eligible for typical unemployment. The decline in continuing claims coincided again with an increase in Americans on Pandemic Emergency Unemployment Compensation, a federal program that provides an additional 13 weeks of benefits. (more...)
- October 30, 2020
More than 360,000 people filed for PUA benefits, which Congress created to help gig workers, the self-employed, and others not eligible for typical unemployment. The decline in continuing claims coincided again with an increase in Americans on Pandemic Emergency Unemployment Compensation, a federal program that provides an additional 13 weeks of benefits. (more...)
Joe Biden Holds Wide Leads in Three Key Battleground States
- October 29, 2020
According to the pollster's candidate preference tracker, Biden led Trump by 12 percentage points in the neighboring states of Minnesota and Wisconsin . FiveThirtyEight poll aggregators have awarded SurveyMonkey a "D-" pollster rating for its national tracker survey. The ABC News-Washington Post poll found Biden supported by 57 per cent of likely voters, far ahead of the president's 40 per cent, reported The Hill. (more...)
- October 29, 2020
According to the pollster's candidate preference tracker, Biden led Trump by 12 percentage points in the neighboring states of Minnesota and Wisconsin . FiveThirtyEight poll aggregators have awarded SurveyMonkey a "D-" pollster rating for its national tracker survey. The ABC News-Washington Post poll found Biden supported by 57 per cent of likely voters, far ahead of the president's 40 per cent, reported The Hill. (more...)
USA economy bounces back in Q3
- October 29, 2020
The GDP report - one of the last major economic scorecards before next week's presidential election - will do little to mitigate the human tragedy inflicted by the coronavirus pandemic, with tens of millions Americans still unemployed and more than 222,000 dead. (more...)
- October 29, 2020
The GDP report - one of the last major economic scorecards before next week's presidential election - will do little to mitigate the human tragedy inflicted by the coronavirus pandemic, with tens of millions Americans still unemployed and more than 222,000 dead. (more...)
S&P 500, Nasdaq rise at open on upbeat data
- October 29, 2020
Although October 28 is statistically the best trading day of the year, the main indexes dropped as new cases and hospitalizations set records in the Midwest, and Europe eyed new lockdowns. Microsoft Corp's quarterly results surpassed analysts targets, benefiting from a pandemic-driven shift to working from home and online learning. But earnings on average are expected to fall 14.8 per cent from a year earlier. (more...)
- October 29, 2020
Although October 28 is statistically the best trading day of the year, the main indexes dropped as new cases and hospitalizations set records in the Midwest, and Europe eyed new lockdowns. Microsoft Corp's quarterly results surpassed analysts targets, benefiting from a pandemic-driven shift to working from home and online learning. But earnings on average are expected to fall 14.8 per cent from a year earlier. (more...)
Germany announces a partial lockdown in November
- October 29, 2020
German citizens are asked to call off all non-essential travel. Merkel had pressed governors of the country's 16 states to quickly agree upon a partial lockdown . Schools and workplaces will remain open, and care homes visits will be allowed. Germany's restrictions will be reassessed in two weeks time, Merkel said . (more...)
- October 29, 2020
German citizens are asked to call off all non-essential travel. Merkel had pressed governors of the country's 16 states to quickly agree upon a partial lockdown . Schools and workplaces will remain open, and care homes visits will be allowed. Germany's restrictions will be reassessed in two weeks time, Merkel said . (more...)
Dow plunges more than 900 points as COVID-19 cases spike
- October 28, 2020
The spiraling pandemic and Washington's failure to reach a deal on new fiscal stimulus before the November 3 election drove all three stock indexes to close more than 3% lower in heavy trade. Shares of General Electric gained more than 3% in pre-market trading Wednesday after the company reported stronger than forecast revenues and a surprise adjusted profit for the third quarter. (more...)
- October 28, 2020
The spiraling pandemic and Washington's failure to reach a deal on new fiscal stimulus before the November 3 election drove all three stock indexes to close more than 3% lower in heavy trade. Shares of General Electric gained more than 3% in pre-market trading Wednesday after the company reported stronger than forecast revenues and a surprise adjusted profit for the third quarter. (more...)
Bank of Canada maintains interest rate: Read the official statement
- October 28, 2020
Policy-makers said the central bank would reduce the size of the programme gradually to a rate of C$4 billion (US$3 billion) a week, down from its current size of C$5 billion. Measures of core inflation are all below 2 percent, consistent with an economy where demand has fallen by more than supply. "The Bank is not achieving its inflation target, it hasn't done so in 10 years, and it has inflation expectations across multiple measures that are saying they will continue to not achieve that ... (more...)
- October 28, 2020
Policy-makers said the central bank would reduce the size of the programme gradually to a rate of C$4 billion (US$3 billion) a week, down from its current size of C$5 billion. Measures of core inflation are all below 2 percent, consistent with an economy where demand has fallen by more than supply. "The Bank is not achieving its inflation target, it hasn't done so in 10 years, and it has inflation expectations across multiple measures that are saying they will continue to not achieve that ... (more...)
Boeing Posts 3Q Loss, Plans More Job Cuts
- October 28, 2020
The Covid-19 pandemic has brought air travel to a near halt, pushing major airlines to the brink of bankruptcy and forcing them to seek government aid, cut costs and defer aircraft deliveries - when Boeing gets paid most of the money for new jets. (more...)
- October 28, 2020
The Covid-19 pandemic has brought air travel to a near halt, pushing major airlines to the brink of bankruptcy and forcing them to seek government aid, cut costs and defer aircraft deliveries - when Boeing gets paid most of the money for new jets. (more...)
Jack Dorsey's Square adds 4,709 Bitcoin to its balance sheet
- October 28, 2020
According to an official statement, the firm purchased roughly 4,709 BTC as cryptocurrency is "an instrument of economic empowerment and provides a way for the world to participate in a global monetary system, which aligns with the company's goal". (more...)
- October 28, 2020
According to an official statement, the firm purchased roughly 4,709 BTC as cryptocurrency is "an instrument of economic empowerment and provides a way for the world to participate in a global monetary system, which aligns with the company's goal". (more...)
Samsung chairman dies at 78, East Asia News & Top Stories
- October 28, 2020
Lee Kun-hee had been hospitalised for years and the younger Lee has been in charge of company affairs. When Lee inherited the chairmanship of the Samsung group in 1987 - founded by his father as a fish and fruit exporter - it was already the country's largest conglomerate, with operations ranging from consumer electronics to construction. (more...)
- October 28, 2020
Lee Kun-hee had been hospitalised for years and the younger Lee has been in charge of company affairs. When Lee inherited the chairmanship of the Samsung group in 1987 - founded by his father as a fish and fruit exporter - it was already the country's largest conglomerate, with operations ranging from consumer electronics to construction. (more...)
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