Money
Xi Jinping calls for a global COVID-19 'firewall' at G20 summit
- November 22, 2020
Virtually addressing the G20 summit hosted by Saudi Arabia this year, PM Modi said, "We are focused on saving citizens, economy from pandemic ". This year's G-20 summit began Saturday with a call for world leaders to mount a united response to the coronavirus pandemic. (more...)
- November 22, 2020
Virtually addressing the G20 summit hosted by Saudi Arabia this year, PM Modi said, "We are focused on saving citizens, economy from pandemic ". This year's G-20 summit began Saturday with a call for world leaders to mount a united response to the coronavirus pandemic. (more...)
Chinese Coronavirus Vaccine Taken by almost 1 Million People, Company Says
- November 22, 2020
Oxford is developing its vaccine in conjunction with the drugmaker AstraZeneca. "We've seen with previous vaccines over the course of the last 20 or 30 years, that there's sometimes misinformation, that misinformation is now predominately online and we've got to combat that, and persuade people that it's safe to take the vaccine". (more...)
- November 22, 2020
Oxford is developing its vaccine in conjunction with the drugmaker AstraZeneca. "We've seen with previous vaccines over the course of the last 20 or 30 years, that there's sometimes misinformation, that misinformation is now predominately online and we've got to combat that, and persuade people that it's safe to take the vaccine". (more...)
Google, Facebook to Let Employees Work from Home Through 2020
- November 22, 2020
Facebook CEO Mark Zuckerberg said last month that because most Facebook employees are able to do their jobs remotely, the company felt "a responsibility to allow people who don't have this flexibility to access shared public resources first". (more...)
- November 22, 2020
Facebook CEO Mark Zuckerberg said last month that because most Facebook employees are able to do their jobs remotely, the company felt "a responsibility to allow people who don't have this flexibility to access shared public resources first". (more...)
Singapore-Hong Kong air travel bubble postponed
- November 22, 2020
But we think it is better to defer from a public health standpoint", he wrote. Ong said in a Facebook post that the postponement is a "sober reminder that the COVID-19 virus is still with us". As per the country's protocol, all global passengers are supposed to go through COVID-19 test on landing at the airport. Hong Kong, alongside Singapore, was lauded by public health officials for its response early into the pandemic. (more...)
- November 22, 2020
But we think it is better to defer from a public health standpoint", he wrote. Ong said in a Facebook post that the postponement is a "sober reminder that the COVID-19 virus is still with us". As per the country's protocol, all global passengers are supposed to go through COVID-19 test on landing at the airport. Hong Kong, alongside Singapore, was lauded by public health officials for its response early into the pandemic. (more...)
Feds cut off virus relief emergency lending programs
- November 22, 2020
Treasury Secretary Steven Mnuchin said he will not extend a handful of the emergency lending programs the Federal Reserve implemented earlier this year to buoy the economy amid the coronavirus pandemic. Before the election, Mr. Mnuchin led talks for Republicans in discussing a roughly $2 trillion package with Mrs. Pelosi. McConnell has repeatedly said the starting point for talks should be the $500 billion measure backed by Senate Republicans, which would not provide direct $1,200 ... (more...)
- November 22, 2020
Treasury Secretary Steven Mnuchin said he will not extend a handful of the emergency lending programs the Federal Reserve implemented earlier this year to buoy the economy amid the coronavirus pandemic. Before the election, Mr. Mnuchin led talks for Republicans in discussing a roughly $2 trillion package with Mrs. Pelosi. McConnell has repeatedly said the starting point for talks should be the $500 billion measure backed by Senate Republicans, which would not provide direct $1,200 ... (more...)
Mercedes-Maybach S-Class oozes luxury and tech
- November 22, 2020
This is the new Z223 Mercedes-Maybach S-Class, and it is essentially a more opulent version of the seventh-generation S-Class that made its debut in September this year. A Maybach badge is included on the C-pillar, while the special model scores its own variant-specific rear bumper and exhaust tailpipe design. Accordingly, the rear doors are wider and can be specified to open electronically, with separate door controls for a chauffeur to open or close the door without needing to exit the ... (more...)
- November 22, 2020
This is the new Z223 Mercedes-Maybach S-Class, and it is essentially a more opulent version of the seventh-generation S-Class that made its debut in September this year. A Maybach badge is included on the C-pillar, while the special model scores its own variant-specific rear bumper and exhaust tailpipe design. Accordingly, the rear doors are wider and can be specified to open electronically, with separate door controls for a chauffeur to open or close the door without needing to exit the ... (more...)
RBI panel proposes to raise promoters cap to 26% in private banks
- November 21, 2020
An internal working group of the Reserve Bank of India ( RBI ) has proposed the entry of corporate houses into banking and higher promoter stakes in the long run. But once the NOFHC structure achieves a tax-neutral status, all those banks shall move to the NOFHC structure within five years from the tax-neutrality announcement. (more...)
- November 21, 2020
An internal working group of the Reserve Bank of India ( RBI ) has proposed the entry of corporate houses into banking and higher promoter stakes in the long run. But once the NOFHC structure achieves a tax-neutral status, all those banks shall move to the NOFHC structure within five years from the tax-neutrality announcement. (more...)
Apple to pay $113 million to settle iPhone 'battery gate' lawsuit
- November 21, 2020
Those who brought the lawsuit to the courts disagreed, claiming that Apple deliberately slowed down iPhones to encourage upgrades and the sale of newer models. "I'm committed to holding these goliath technology companies accountable when they hide important information from users". This isn't the first time the company has been brought to task over alleged iPhone slowing. (more...)
- November 21, 2020
Those who brought the lawsuit to the courts disagreed, claiming that Apple deliberately slowed down iPhones to encourage upgrades and the sale of newer models. "I'm committed to holding these goliath technology companies accountable when they hide important information from users". This isn't the first time the company has been brought to task over alleged iPhone slowing. (more...)
All-new Subaru BRZ breaks cover with more oomph
- November 21, 2020
Like the original BRZ , the new model will continue to be built at Subaru's Gunma plant in Japan, and will go on sale in a little less than a year from now (early fall 2021) at a yet undisclosed price . Small spoilers on the rear wheel arches also make grip easier, as does the integration of the rear spoiler. Subaru recently revealed the all-new, second-gen and it's an obvious improvement over the last-gen model. (more...)
- November 21, 2020
Like the original BRZ , the new model will continue to be built at Subaru's Gunma plant in Japan, and will go on sale in a little less than a year from now (early fall 2021) at a yet undisclosed price . Small spoilers on the rear wheel arches also make grip easier, as does the integration of the rear spoiler. Subaru recently revealed the all-new, second-gen and it's an obvious improvement over the last-gen model. (more...)
Crown asked to delay gaming operations at New Sydney casino
- November 21, 2020
Crown is now subject to a lengthy inquiry, after it was reported that criminal gangs had laundered cash at its casinos, with Chinese authorities also convicting members of its staff of illegally promoting gambling back in 2016. "We're talking about - potentially - drugs, we're talking about child sexual exploitation, we're talking about people trafficking and we're talking about financing terrorism". (more...)
- November 21, 2020
Crown is now subject to a lengthy inquiry, after it was reported that criminal gangs had laundered cash at its casinos, with Chinese authorities also convicting members of its staff of illegally promoting gambling back in 2016. "We're talking about - potentially - drugs, we're talking about child sexual exploitation, we're talking about people trafficking and we're talking about financing terrorism". (more...)
Erdogan warns over dangers of higher interest rates
- November 21, 2020
The interest rate decision is interpreted as a fundamental change in the previous policy of the central bank to keep the key interest rate as low as possible. The rate hike, which was in line with the expectations of the economists surveyed by Bloomberg, means that the one-week repo rate is slightly higher than the average interest rate the central bank has been charging for funding the Turkish financial system in recent weeks. (more...)
- November 21, 2020
The interest rate decision is interpreted as a fundamental change in the previous policy of the central bank to keep the key interest rate as low as possible. The rate hike, which was in line with the expectations of the economists surveyed by Bloomberg, means that the one-week repo rate is slightly higher than the average interest rate the central bank has been charging for funding the Turkish financial system in recent weeks. (more...)
Pfizer/BioNTech to seek emergency vaccine approval in US Friday
- November 20, 2020
Pfizer and BioNTech , who revealed earlier this week that their vaccine was 95% effective based on Phase 3 clinical trial data, are submitting for the emergency authorization in the US, as well as in Australia, Canada, Europe, Japan and the United Kingdom, and says that could pave the way for use of the vaccine to begin in "high-risk populations" by the end of next month. (more...)
- November 20, 2020
Pfizer and BioNTech , who revealed earlier this week that their vaccine was 95% effective based on Phase 3 clinical trial data, are submitting for the emergency authorization in the US, as well as in Australia, Canada, Europe, Japan and the United Kingdom, and says that could pave the way for use of the vaccine to begin in "high-risk populations" by the end of next month. (more...)
Trump to address APEC summit as he contends election loss at home
- November 20, 2020
With Biden set to take office in January, there are hopes of greater American engagement with Apec and other worldwide institutions. Last year's APEC summit in Chile, where Trump had expected to sign a preliminary trade accord with China, was canceled as host city Santiago struggled with street protests. (more...)
- November 20, 2020
With Biden set to take office in January, there are hopes of greater American engagement with Apec and other worldwide institutions. Last year's APEC summit in Chile, where Trump had expected to sign a preliminary trade accord with China, was canceled as host city Santiago struggled with street protests. (more...)
WHO Advises Against Use of Gilead's Remdesivir as Coronavirus Treatment
- November 20, 2020
Read Also: 'Demon's Souls' Level Order Guide to Best Archstones and Path to Take on PS5 Remake! The recommendations were published by the WHO Guideline Development Group, which provides advice based on the most recent data, in the British medical trade journal The BMJ . (more...)
- November 20, 2020
Read Also: 'Demon's Souls' Level Order Guide to Best Archstones and Path to Take on PS5 Remake! The recommendations were published by the WHO Guideline Development Group, which provides advice based on the most recent data, in the British medical trade journal The BMJ . (more...)
Nasdaq to buy financial fraud detection firm Verafin for US$2.75b
- November 20, 2020
Verafin provides over 2,000 financial institutions in North America a cloud platform to detect, report and investigate money laundering and financial fraud. Verafin's headquarters will remain in St. John's, and its executive leadership team will continue to run the company, according to the statement. "Combatting financial crime is central to achieving our goals". (more...)
- November 20, 2020
Verafin provides over 2,000 financial institutions in North America a cloud platform to detect, report and investigate money laundering and financial fraud. Verafin's headquarters will remain in St. John's, and its executive leadership team will continue to run the company, according to the statement. "Combatting financial crime is central to achieving our goals". (more...)
Mnuchin Wants $580 Billion Injected Into Slowing US Economy
- November 20, 2020
Former Fed chair Janet Yellen, former deputy treasury secretary Sarah Bloom Raskin and TIAA chief executive Roger Ferguson are also said to be under consideration. Neither program has lived up to its potential so far, with the Municipal Lending program making just one loan, while the Main Street program has made loans totaling around $4 billion to about 400 companies. (more...)
- November 20, 2020
Former Fed chair Janet Yellen, former deputy treasury secretary Sarah Bloom Raskin and TIAA chief executive Roger Ferguson are also said to be under consideration. Neither program has lived up to its potential so far, with the Municipal Lending program making just one loan, while the Main Street program has made loans totaling around $4 billion to about 400 companies. (more...)
Honda Civic revealed in prototype form
- November 20, 2020
Honda has also provided a teaser image of the interior. The rest of the body, meanwhile, maintains the same athletic proportions and low ride height as the 10th-generation model on which it's based, but looks a touch smoother with new side detailing, a crinkled C-pillar (a la Cadillac), and more pronounced detailing both front and back. (more...)
- November 20, 2020
Honda has also provided a teaser image of the interior. The rest of the body, meanwhile, maintains the same athletic proportions and low ride height as the 10th-generation model on which it's based, but looks a touch smoother with new side detailing, a crinkled C-pillar (a la Cadillac), and more pronounced detailing both front and back. (more...)
Australia 'will always be Australia,' PM responds to China grievances
- November 19, 2020
The pact holds extreme importance to counter Chinese militarization of the South China Sea, its maneuvers around disputed islands in the East China Sea, and Beijing's growing influence over Pacific island nations further east. -China trade relations under President-elect Joe Biden. China yesterday urged Australia to squarely face the crux of the current setback in bilateral ties, and do more to enhance mutual trust and promote cooperation between the two countries. (more...)
- November 19, 2020
The pact holds extreme importance to counter Chinese militarization of the South China Sea, its maneuvers around disputed islands in the East China Sea, and Beijing's growing influence over Pacific island nations further east. -China trade relations under President-elect Joe Biden. China yesterday urged Australia to squarely face the crux of the current setback in bilateral ties, and do more to enhance mutual trust and promote cooperation between the two countries. (more...)
Hurricane Iota blasts Nicaraguan coast, floods parts of Honduras
- November 19, 2020
Iota had intensified into a Category 5 storm, but it weakened as it neared the coast and made landfall with maximum sustained winds of 155 miles per hour (250 kph) early Tuesday morning. The Honduran government closed bridges and highways across the country on Tuesday, while opening more than 600 shelters where some 13,000 residents sought refuge. (more...)
- November 19, 2020
Iota had intensified into a Category 5 storm, but it weakened as it neared the coast and made landfall with maximum sustained winds of 155 miles per hour (250 kph) early Tuesday morning. The Honduran government closed bridges and highways across the country on Tuesday, while opening more than 600 shelters where some 13,000 residents sought refuge. (more...)
United Kingdom inflation picks up a bit more than expected in October
- November 18, 2020
Inflation is traditionally a the single most important economic consideration for the Bank of England when it comes to setting interest rates, and news that inflation is stronger than expected might have in the past lead to expectations for interest rate rises at the Bank. (more...)
- November 18, 2020
Inflation is traditionally a the single most important economic consideration for the Bank of England when it comes to setting interest rates, and news that inflation is stronger than expected might have in the past lead to expectations for interest rate rises at the Bank. (more...)
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2.28 lakh people vaccinated on Day 7, 267 adverse events reported