Money
NZ poised to sign RCEP trade deal with 14 other countries
- November 15, 2020
Li said after eight years of negotiations, the signing of the RCEP has brought light and hope to people amid the current grim global situation, showing that multilateralism and free trade remain the correct direction for the world economy and human progress. (more...)
- November 15, 2020
Li said after eight years of negotiations, the signing of the RCEP has brought light and hope to people amid the current grim global situation, showing that multilateralism and free trade remain the correct direction for the world economy and human progress. (more...)
Nissan Qashqai teased, will be offered with petrol generator hybrid system
- November 15, 2020
The new SUV is now being tested on European roads and will be built in Sunderland, just like the two previous Qashqais. Its CMF-C platform, as it will be called, has been re-engineered to weigh less, increase stiffness and crumple more effectively in crashes. (more...)
- November 15, 2020
The new SUV is now being tested on European roads and will be built in Sunderland, just like the two previous Qashqais. Its CMF-C platform, as it will be called, has been re-engineered to weigh less, increase stiffness and crumple more effectively in crashes. (more...)
Honda is debuting the 2022 Civic on Twitch, here's how to watch
- November 15, 2020
Honda's iconic Civic , No. 1 vehicle for young, first-time and multicultural consumers 2, will undergo a full redesign that once again raises the bar for style, performance, safety and advanced technology in the compact auto market. Honda Canada has sold more than five million Honda and Acura passenger cars and light trucks in Canada. However, what we are about to see on Tuesday next week won't be the final production version of the bestseller but a prototype that's nearly ready to hit ... (more...)
- November 15, 2020
Honda's iconic Civic , No. 1 vehicle for young, first-time and multicultural consumers 2, will undergo a full redesign that once again raises the bar for style, performance, safety and advanced technology in the compact auto market. Honda Canada has sold more than five million Honda and Acura passenger cars and light trucks in Canada. However, what we are about to see on Tuesday next week won't be the final production version of the bestseller but a prototype that's nearly ready to hit ... (more...)
Disney Parks Capacity Increase & Other Key Takeaways from Q4 Earnings Call
- November 15, 2020
As we end the fourth quarter Disney Plus has recorded more than 73 million paid subscribers in just it's first year and we continue to see the positive trends. The California-based company said revenue fell 23pc for the three months to October 3, to $14.71bn, compared to the same period previous year. He acknowledges that people are willing to visit the parks because they trust Disney and are confident in the measures that have been taken. (more...)
- November 15, 2020
As we end the fourth quarter Disney Plus has recorded more than 73 million paid subscribers in just it's first year and we continue to see the positive trends. The California-based company said revenue fell 23pc for the three months to October 3, to $14.71bn, compared to the same period previous year. He acknowledges that people are willing to visit the parks because they trust Disney and are confident in the measures that have been taken. (more...)
Google employees will work remotely until summer 2021
- November 15, 2020
As reported by CNN, a memo was sent to employees where Sundar Pichai said that Google has reopened 42 offices across the globe, although it isn't clear which offices he was referring to. But new guidelines mean Google's biggest offices will remain largely unoccupied through June 2021. The decision will apply to nearly all of the company's 200,000 workers, according to the Journal. (more...)
- November 15, 2020
As reported by CNN, a memo was sent to employees where Sundar Pichai said that Google has reopened 42 offices across the globe, although it isn't clear which offices he was referring to. But new guidelines mean Google's biggest offices will remain largely unoccupied through June 2021. The decision will apply to nearly all of the company's 200,000 workers, according to the Journal. (more...)
U.S. weekly jobless claims fall to 709k amid slowing recovery
- November 14, 2020
That's an increase of 605 claims, or 0.3%, over the previous week. Still, it's well below the peak of almost 7 million in late March, when states first implemented lockdown measures to curb the spread of COVID-19. Gov. Mike DeWine on Wednesday threatened to again shut down bars, restaurants, and fitness centers next week if the number of new coronavirus cases keeps going up. (more...)
- November 14, 2020
That's an increase of 605 claims, or 0.3%, over the previous week. Still, it's well below the peak of almost 7 million in late March, when states first implemented lockdown measures to curb the spread of COVID-19. Gov. Mike DeWine on Wednesday threatened to again shut down bars, restaurants, and fitness centers next week if the number of new coronavirus cases keeps going up. (more...)
COVID-19 vaccine more than 90% effective, clinical trials show
- November 14, 2020
The cold chain requirement "is an issue for Pfizer , but manufacturing and distribution are issues for all vaccines ", said Robert Finberg, a physician and infectious disease specialist at the University of Massachusetts Medical Center. "The hesitancy behind purchasing these freezers is that they're hard to find and you're theoretically purchasing something that you plan on using once", said Saha. (more...)
- November 14, 2020
The cold chain requirement "is an issue for Pfizer , but manufacturing and distribution are issues for all vaccines ", said Robert Finberg, a physician and infectious disease specialist at the University of Massachusetts Medical Center. "The hesitancy behind purchasing these freezers is that they're hard to find and you're theoretically purchasing something that you plan on using once", said Saha. (more...)
Oil prices steady above $42 as IEA cuts forecasts for global demand
- November 14, 2020
For the full-year 2020, IEA expects demand to decrease by 8.8 million barrels per day (bpd) compared to its previous estimate which called for a decline of 8.4 million bpd. Algeria's energy minister said OPEC+ - grouping OPEC and allies including Russian Federation - could extend production cuts of 7.7 million barrels per day (bpd) into 2021, or deepen them further if needed. (more...)
- November 14, 2020
For the full-year 2020, IEA expects demand to decrease by 8.8 million barrels per day (bpd) compared to its previous estimate which called for a decline of 8.4 million bpd. Algeria's energy minister said OPEC+ - grouping OPEC and allies including Russian Federation - could extend production cuts of 7.7 million barrels per day (bpd) into 2021, or deepen them further if needed. (more...)
Trump appears to hint for first time that Biden could succeed him
- November 14, 2020
Between the call for North Carolina on Friday and AP's call on Wednesday that Trump had won Alaska, Trump now has 232 electoral votes, compared with Biden's 290. The Food and Drug Administration, however, has not yet been asked to grant the necessary emergency approvals, scientific head of Operation Warp Speed Moncef Slaoui said two vaccines and two therapeutics may be granted emergency use by the end of the year. (more...)
- November 14, 2020
Between the call for North Carolina on Friday and AP's call on Wednesday that Trump had won Alaska, Trump now has 232 electoral votes, compared with Biden's 290. The Food and Drug Administration, however, has not yet been asked to grant the necessary emergency approvals, scientific head of Operation Warp Speed Moncef Slaoui said two vaccines and two therapeutics may be granted emergency use by the end of the year. (more...)
Chinese President Xi personally halted $37bn Ant IPO
- November 14, 2020
On Xi's instructions, Chinese regulators investigated Ant's offering, and the IPO was suspended on November 3. Ant, backed by Chinese e-commerce giant Alibaba ( BABA ) could have raised as much as $37bn. Calling for a new and "inclusive" banking system he said: "Today's financial system is the legacy of the Industrial Age". Their patronage has also groomed a new generation of titans including food and travel giant Meituan and Didi Chuxing (China's Uber) as well as those that prosper ... (more...)
- November 14, 2020
On Xi's instructions, Chinese regulators investigated Ant's offering, and the IPO was suspended on November 3. Ant, backed by Chinese e-commerce giant Alibaba ( BABA ) could have raised as much as $37bn. Calling for a new and "inclusive" banking system he said: "Today's financial system is the legacy of the Industrial Age". Their patronage has also groomed a new generation of titans including food and travel giant Meituan and Didi Chuxing (China's Uber) as well as those that prosper ... (more...)
Ford E-Transit battery electric van revealed
- November 14, 2020
The Ford E-Transit won't turn heads like the Mustang Mach-E, but the battery-powered commercial van will be an important part of the automaker's commercial business when it goes on sale late next year. The Mobile Charger can plug into both a 120-volt outlet and a 240-volt, giving owners charging versatility and wider availability. The lithium-ion drive battery is located under the floor, with a usable capacity of 67 kWh, says Ford. (more...)
- November 14, 2020
The Ford E-Transit won't turn heads like the Mustang Mach-E, but the battery-powered commercial van will be an important part of the automaker's commercial business when it goes on sale late next year. The Mobile Charger can plug into both a 120-volt outlet and a 240-volt, giving owners charging versatility and wider availability. The lithium-ion drive battery is located under the floor, with a usable capacity of 67 kWh, says Ford. (more...)
Vaccine Rally Stops, Dow, S&P Give up Gains
- November 14, 2020
Wells Fargo analysts said "vaccine optimism is being overshadowed by concerns that renewed restrictions could hinder ongoing economic recovery". The S&P 500 index was down 11.37 points at 3,561.29, while the Nasdaq composite was up 17.05 points at 11,803.48. (more...)
- November 14, 2020
Wells Fargo analysts said "vaccine optimism is being overshadowed by concerns that renewed restrictions could hinder ongoing economic recovery". The S&P 500 index was down 11.37 points at 3,561.29, while the Nasdaq composite was up 17.05 points at 11,803.48. (more...)
Indian govt announces third round of stimulus totalling $16bn
- November 14, 2020
Benefits under the new scheme are for any new employee joining employment in EPFO registered establishments on monthly wages less than Rs 15,000. There has also been support of over ₹12.7-lakh-crore through measures announced by the RBI. She said the move would help start work on 12 lakh houses as well as complete 18 lakh houses. An additional outlay of Rs 18,000 crore will be made towards the affordable urban housing programme, she said. (more...)
- November 14, 2020
Benefits under the new scheme are for any new employee joining employment in EPFO registered establishments on monthly wages less than Rs 15,000. There has also been support of over ₹12.7-lakh-crore through measures announced by the RBI. She said the move would help start work on 12 lakh houses as well as complete 18 lakh houses. An additional outlay of Rs 18,000 crore will be made towards the affordable urban housing programme, she said. (more...)
FED Chair Powell: Economy needs more support from Congress
- November 14, 2020
This week, European Central Bank head Christine Lagarde questioned how many people would actually be vaccinated in 2021. Christine Lagarde, President of the European Central Bank, said "We are seeing significantly less uncertainty on several fronts" and mentioned Joe Biden's election as US President and "the fact that Brexit is moving forward" as positive factors along with the development of the vaccine. (more...)
- November 14, 2020
This week, European Central Bank head Christine Lagarde questioned how many people would actually be vaccinated in 2021. Christine Lagarde, President of the European Central Bank, said "We are seeing significantly less uncertainty on several fronts" and mentioned Joe Biden's election as US President and "the fact that Brexit is moving forward" as positive factors along with the development of the vaccine. (more...)
Will people working from home have to pay more tax?
- November 14, 2020
White collar staff reaping the financial benefits of working from home should be taxed to help other workers who aren't getting the same advantages, experts at Deutsche Bank said in a new report on Tuesday Nov. Millions of white collar workings have been working from home since the pandemic hit. It is expected that many of these workers will continue to work remotely for some time, with two-thirds of companies saying that three-quarters of their employees can work from home ... (more...)
- November 14, 2020
White collar staff reaping the financial benefits of working from home should be taxed to help other workers who aren't getting the same advantages, experts at Deutsche Bank said in a new report on Tuesday Nov. Millions of white collar workings have been working from home since the pandemic hit. It is expected that many of these workers will continue to work remotely for some time, with two-thirds of companies saying that three-quarters of their employees can work from home ... (more...)
PM Modi to co-chair virtual India-ASEAN summit on Thursday
- November 14, 2020
ASEAN officials say the leaders are trying to finalize the wording of the statement. Despite the reservations repeatedly expressed by China and Russia, India has maintained that the Indo-Pacific is a free, open, transparent and inclusive concept with Asean at its centre. (more...)
- November 14, 2020
ASEAN officials say the leaders are trying to finalize the wording of the statement. Despite the reservations repeatedly expressed by China and Russia, India has maintained that the Indo-Pacific is a free, open, transparent and inclusive concept with Asean at its centre. (more...)
Elon Musk questions the accuracy of COVID-19 tests
- November 14, 2020
Rapid antigen test from BD, ' Musk said in a tweet, possibly referring to Becton Dickinson and Co's rapid antigen test. Musk, who is having symptoms of a " typical cold " and "nothing unusual so far", did four tests on Thursday. The US is now seeing another spike in COVID-19 cases. Two months later he defied lockdown orders in California to reopen the Tesla assembly plant, daring authorities to arrest him. (more...)
- November 14, 2020
Rapid antigen test from BD, ' Musk said in a tweet, possibly referring to Becton Dickinson and Co's rapid antigen test. Musk, who is having symptoms of a " typical cold " and "nothing unusual so far", did four tests on Thursday. The US is now seeing another spike in COVID-19 cases. Two months later he defied lockdown orders in California to reopen the Tesla assembly plant, daring authorities to arrest him. (more...)
Trump administration bans U.S. investments in firms linked to Chinese military
- November 14, 2020
National Security Advisor Robert O'Brien said the order will prevent Americans from unknowingly providing passive capital to Chinese companies - listed on exchanges around the world - that support the improvement of Beijing's army and spy agencies. (more...)
- November 14, 2020
National Security Advisor Robert O'Brien said the order will prevent Americans from unknowingly providing passive capital to Chinese companies - listed on exchanges around the world - that support the improvement of Beijing's army and spy agencies. (more...)
Disney+ has more than 73M subscribers
- November 14, 2020
For the fiscal year, Disney reported annual revenue of $16.50 billion, which is down a whopping 37% year-over year. Prior to 2020, Disney had not reported a quarterly loss since 2001, when the company ceased operation of the internet search portal Go.com, and had not seen back-to-back quarterly losses since 1996. (more...)
- November 14, 2020
For the fiscal year, Disney reported annual revenue of $16.50 billion, which is down a whopping 37% year-over year. Prior to 2020, Disney had not reported a quarterly loss since 2001, when the company ceased operation of the internet search portal Go.com, and had not seen back-to-back quarterly losses since 1996. (more...)
India enters into technical recession for first time: RBI Report
- November 12, 2020
But that failed to make up for its almost 20 per cent crash in the second quarter, which included most the period when the country was in the grip of its first coronavirus lockdown. "The return of children to school boosted activity in the education sector", Mr Athow said. The government will publish second quarter GDP data on November 27. (more...)
- November 12, 2020
But that failed to make up for its almost 20 per cent crash in the second quarter, which included most the period when the country was in the grip of its first coronavirus lockdown. "The return of children to school boosted activity in the education sector", Mr Athow said. The government will publish second quarter GDP data on November 27. (more...)
Latest news
2.28 lakh people vaccinated on Day 7, 267 adverse events reported