Money


Mastercard Announces Google Pay Rollout Across Europe Including Greece
- December 23, 2020

And when you sign up for Google Pay , you choose whether you'd like to use your transaction history to personalize your experience within the app. Built-in tools allow for splitting expenses and calculating totals with another person, and the Google Pay app can be used to order food, buy gas, and more. (more...)
New COVID-19 strain hits pound, euro as investors seek dollars New COVID-19 strain hits pound, euro as investors seek dollars
- December 23, 2020

Sterling was on track for its biggest drop in three months against the dollar after Britain imposed tough new curbs to stem a fast-spreading new coronavirus strain . On Monday night, Bloomberg reported the United Kingdom had tabled an offer on fishing in Brexit talks in a bid to break the deadlock. If that is not enough for Christmas week, the European Union plans to impose a travel ban on Britain, preventing the spread of a vicious corona virus that has forced 18 million to lock ... (more...)
Tesla debuts into S&P after frantic Friday trading Tesla debuts into S&P after frantic Friday trading
- December 21, 2020

Tesla's shares fell on its first day after being added to the S&P 500 Index , as the broader market slid and the stock retraced gains from Friday when tens of millions of shares were purchased by index-fund managers. Tesla's shares sank 5 percent to $659.99, half-hour into the session. Other electric vehicle companies, whose shares have gained significantly over the past month after the S&P 500 inclusion was announced, were also weak on Monday. (more...)
Reliance-Future deal: Delhi HC rejects plea for injunction against Amazon Reliance-Future deal: Delhi HC rejects plea for injunction against Amazon
- December 21, 2020

The Singapore International Arbitration Centre (SIAC) had on October 25 passed an interim order barring FRL from going ahead to secure any funding from a restricted party. Amazon said that it is a binding order. Thus, prima facie Amazon's plea is void. The Delhi HC on December 21 made a prima facie observation that the Emergency Award order by the SIAC is valid, and added that FRL's suit is maintainable. (more...)
Apple puts iPhone assembler Wistron on probation over India factory riot Apple puts iPhone assembler Wistron on probation over India factory riot
- December 21, 2020

In a crucial development, one of Apple's suppliers Wistron has removed its Vice-President in charge of India and has admitted to lapses in paying its workers here, a week after workers went on a rampage at its factory near Bengaluru, causing damage worth millions of dollars. (more...)
Mega Millions, Powerball jackpots over $650 million combined; Sunday’s Ohio Lottery results Mega Millions, Powerball jackpots over $650 million combined; Sunday’s Ohio Lottery results
- December 21, 2020

The all-important Powerball number was 13. The Multiplier number was 02. A player in MI was one number away from winning the $305 million Powerball jackpot , but there was no victor of the grand prize for the drawing held on Saturday, Dec. (more...)
Sensex down by over 200 points; Nifty slips below 13700 Sensex down by over 200 points; Nifty slips below 13700
- December 21, 2020

On the other hand, L&T, Reliance Industries, Sun Pharma, Infosys and HCL Tech were among the gainers. Meanwhile on the domestic front, foreign portfolio investors (FPIs) were net buyers in the capital market as they purchased shares worth Rs 2,720.95 crore on a net basis on Friday, according to provisional exchange data. (more...)
‘Out of control’ virus strain in United Kingdom, govt calls meet ‘Out of control’ virus strain in United Kingdom, govt calls meet
- December 21, 2020

Matt Hancock said tougher Tier 4 restrictions may be in place for months until the vaccine is rolled out. More than 16 million Britons are now required to stay at home after a lockdown came into force Sunday in London and southeast England and the government scrapped plans to relax rules on socializing at Christmas . (more...)
Google Pay Redesign Focuses on Organizing, Protecting Your Money Google Pay Redesign Focuses on Organizing, Protecting Your Money
- December 21, 2020

It will also present pages of information it feels is useful, like a list of services you're subscribed to, for example. Apart from a major redesign, starting next year, users in the U.S. It's a transition step toward the launch of Plex, a mobile-first banking service that Google plans to introduce in partnership with financial institutions including Citi next year. (more...)
Bridgewater founder Ray Dalio's son killed in car crash Bridgewater founder Ray Dalio's son killed in car crash
- December 21, 2020

Police are still investigating the cause of the crash, which nearly destroyed the store. Talio crossed a parking strip, lit a curb before hitting the doors, and went to the store. "I and my family are grieving and processing, and I want to be inconsistent for the time being", Bridgewater Associates founder Ray Talio wrote on Twitter. (more...)
Tesla most valuable company ever to make S&P 500 debut Tesla most valuable company ever to make S&P 500 debut
- December 21, 2020

Out of the total, the 49-year old entrepreneur's $139.7 billion wealth was added this year alone, due to the dramatic surge in Tesla's share price, making him the second richest person in the world, surpassing Facebook's Mark Zuckerberg and Microsoft's Bill Gates. (more...)
Death on United Flight Sparks COVID Scare Death on United Flight Sparks COVID Scare
- December 20, 2020

While first responders tended to the man, flight crew members overheard his wife telling the healthcare workers that her husband had been experiencing symptoms consistent with COVID-19. United Airlines said it was sharing requested information with the U.S. Centers for Disease Control and Prevention (CDC), so it could work with local health officials to reach out to passengers of flight 591 who CDC believes may be at risk for possible exposure or infection. (more...)
SMIC, China’s largest chipmaker, added to blacklist by US government SMIC, China’s largest chipmaker, added to blacklist by US government
- December 20, 2020

Commerce Secretary Wilbur Ross on Friday criticized what he called China's "ubiquitous surveillance to repress its citizens in Xinjiang and elsewhere". The decision to add SMIC and DJI to the Entity List in effect formalizes a decision by the Commerce Department in September, when it required American suppliers to apply for licenses before providing technology to the company. (more...)
Microsoft, US Energy Dept. implicated in SolarWinds hack Microsoft, US Energy Dept. implicated in SolarWinds hack
- December 20, 2020

John Dickson of the security firm Denim Group said many private sector firms which could be vulnerable are scrambling to shore up security, even to the point of considering rebuilding their servers and other equipment. Bloomberg News reported that at least three USA state governments were hacked. President-elect Joe Biden expressed "great concern" over the computer breach while Utah Senator Mitt Romney blamed Russian Federation and slammed what he called "inexcusable silence" from the White ... (more...)
SCOTUS denies Ky. Christian school's request to block COVID-19 restrictions SCOTUS denies Ky. Christian school's request to block COVID-19 restrictions
- December 20, 2020

A ruling against the state "would have little practical effect", the court said. The Franklin Circuit Court ruled in favor of the state but was reversed by the Kentucky Court of Appeals, which ruled the state lacked standing in the case.The damages are determined by the amount of money lost in the state through PokerStars operating an illegal offshore gambling scheme."There is no doubt the Commonwealth of Kentucky is harmed by illegal internet gambling", Justice Samuel Wright said in ... (more...)
PM Modi's Varanasi office listed on OLX for 'sale'; 4 arrested PM Modi's Varanasi office listed on OLX for 'sale'; 4 arrested
- December 19, 2020

Record foreign direct investment (FDI) and foreign portfolio investment (FPI) during the pandemic is a testimony to the faith that the world now has in India, he said. "Earlier investors cited high tax rates to say Why India but today (corporate) tax rates are so competitive that they say "why not India", he said. (more...)
Wall Street ends at record highs on fiscal stimulus hope Wall Street ends at record highs on fiscal stimulus hope
- December 18, 2020

Tesla stock has already seen a spectacular rise this year of 680 percent, and with a market capitalization of some $600 billion it will be the richest company to enter the prestigious S&P index. Still, the Fed has said it can only do so much to tide over the economy and that more financial support from Washington is critical for a continued recovery. (more...)
EU's Barnier says just hours left for Brexit talks EU's Barnier says just hours left for Brexit talks
- December 18, 2020

British negotiator issued a statement on Thursday night describing the talks as "blocked", but Barnier said a deal could be struck if both sides make "a real effort". "If the United Kingdom then wants to cut access to these waters for European fishermen, at any given time, then the European Union also has to maintain its sovereign right to react or to compensate by adjusting the conditions for products, and especially fisheries products to the single market", Barnier said. (more...)
Trump administration is adding China's largest chipmaker to its trade blacklist Trump administration is adding China's largest chipmaker to its trade blacklist
- December 18, 2020

DJI did not immediately respond to a request for comment. Technology that helps with the production of the most-advanced chips - those 10 nanometers or smaller - face the "presumption of denial, " Commerce said. It also cited entities that acquired US -origin items in support of the People's Liberation Army's programs, and entities and persons that engaged in the theft of USA trade secrets. (more...)
Brexit: Trade talks to resume as sides warn 'differences' remain Brexit: Trade talks to resume as sides warn 'differences' remain
- December 18, 2020

Ursula von der Leyen spoke to Prime Minister Boris Johnson in a phone call on Thursday night, in which the two leaders took stock of the current state of EU-UK negotiations. If a deal comes later, it could only be ratified in 2021, as the parliament wouldn't have enough time to debate a proposed agreement before that. Significant disruption is expected at ports whether or not the two sides can agree a trade deal, as under either scenario the United Kingdom will be leaving the EU's single ... (more...)

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