Money


Asia stocks hold near highs, yields up on U.S. stimulus plans Asia stocks hold near highs, yields up on U.S. stimulus plans
- January 12, 2021

Apart from the charges on Trump, global investors also have an eye on the increase in the number of COVID-19 infections that has surpassed 90.37 million. The spread between the 2-year and 10-year Treasury yield brushed against 100 basis points to hit its steepest since July 2017. USA gold futures gained 0.8 percent to $1,849.70. (more...)
GM Unveiled New Logo GM Unveiled New Logo
- January 12, 2021

GM is hoping the "Everybody In" campaign prepares buyers for a new era of vehicle propulsion. The new logo will go wherever GM now has a logo, including websites and buildings, Wahl said. GM said the industry has reached a history-changing inflection point for mass adoption of electric vehicles. As the automotive world changes gear to vehicle electification, General Motors has unveiled a new logo that reflects its complte shift towards electric vehicles (EVs) and is in line with its ... (more...)
Apple, Hyundai set to agree electric car tie-up Apple, Hyundai set to agree electric car tie-up
- January 11, 2021

Following the revelation, Hyundai Motor Group reportedly disclosed that it is in talks with the Cupertino giant to produce its first EV. We should note that an updated version of the Korea IT report fails to mention the agreement signing timeframe or the production location, so take everything with a grain of salt. (more...)
Second positive case of COVID-19 at St. F.X Second positive case of COVID-19 at St. F.X
- January 11, 2021

As much of the rest of Canada continues to see record-breaking numbers, Nova Scotia has managed to whittle its total caseload down to 28 active infections with no one now in hospital. However, the province is increasing the number of people allowed in retail shops from 25 percent capacity to 50 percent of their capacity. Nova Scotia's chief medical officer of health Dr. (more...)
Nio takes wraps off the ET7, its first ever all-electric sedan Nio takes wraps off the ET7, its first ever all-electric sedan
- January 11, 2021

Nio is coming off a stellar 2020. Of course, you need a lot more than a ton of data to make a auto drive itself, and Nio seems fairly early in its journey to autonomy. NAD's full functions can be subscribed with AD as a Service (ADaaS) for a monthly subscription fee of RMB 680. Enabled by the advanced mass-produced solid-state battery technology, it can achieve an ultra-high energy density of 360 Wh/kg. (more...)
Burger King unveils first rebrand in more than 20 years | Marketing Burger King unveils first rebrand in more than 20 years | Marketing
- January 11, 2021

The more modern look must "bring out the values of Burger King in a more authentic way", says a press release. The branding will be extended to Burger King's food packaging , employee uniforms and signage. Real crew members are featured in new BKadvertising. "We wanted to use design to get people to crave our food; its flame-grilling perfection and above all, its taste". (more...)
Mega Millions results for 01/08/21; did anyone win the $520M jackpot? Mega Millions results for 01/08/21; did anyone win the $520M jackpot?
- January 11, 2021

If no one wins, the jackpot keeps on climbing for the next drawing. The USA-based Mega Millions held its latest draw on Friday, 8 January 2021. One ticket sold in NY was worth $2 million because the option Megaplier was added. The odds of a ticket hitting the jackpot by matching five AND the Mega Ball? Mega Millions is played in 44 states, plus the District of Columbia and the Virgin Islands. (more...)
Hyundai Motor, Apple in EV Battery Development Talks Hyundai Motor, Apple in EV Battery Development Talks
- January 11, 2021

Hyundai Motor Company shares skyrocketed yesterday on news the automaker is in talks with Apple. In a freakish move, Hyundai on Thursday night confirmed discussions with Apple to collaborate on the development of self-driving electric vehicles, then in a matter of hours, walked back on its remarks issuing a new statement that removed any references to the tech giant. (more...)
Red alert for Brisbane and Sunshine Coast while lockdown lifts in Sydney Red alert for Brisbane and Sunshine Coast while lockdown lifts in Sydney
- January 11, 2021

Masks will have to keep being worn in indoor places, including shopping centres and supermarkets, gyms, workplaces, places of worship, libraries, taxis and ride shares. Additionally, retail and indoor hospitality venues will revert to the one-person-per-four-square-metre density rule (smaller venues up to 200 square metres can have one person per two square metres - up to a maximum of 50 people). (more...)
Google and Facebook offer employees work from home till December Google and Facebook offer employees work from home till December
- January 10, 2021

Will working from home hurt your career? Employees have been working from home since March, and, as technology companies adapt to the new normal, it is hard to see how work life can return to the old way of doing things after such an extended period. (more...)
Tesla launches cheaper Model Y variant Tesla launches cheaper Model Y variant
- January 10, 2021

Previously there were only the Long Range and Performance variants, priced from $51,190 and $61,190, respectively. It also comes with rear-wheel drive, instead of the all-wheel-drive setup that is found on the Long Range version and the $59,990 Performance model . (more...)
Queensland records no new local cases of coronavirus amid lingering variant concern Queensland records no new local cases of coronavirus amid lingering variant concern
- January 10, 2021

The woman has since travelled to Maleny on the Sunshine Coast and has been staying with her parents, who are now being isolated and tested. Queensland Premier Annastacia Palaszczuk urged Queenslanders to stay home. "What we're seeing in the greater Brisbane area is large amounts of compliance and people are doing the right thing", Ms Palaszczuk said. She was then granted permission to fly into Brisbane on Jetstar flight JQ570 from Melbourne at 11pm. (more...)
Bitcoin Breaks $40,000, So Far Up 35% in First Week of 2021 Bitcoin Breaks $40,000, So Far Up 35% in First Week of 2021
- January 10, 2021

It topped $30,000 for the first time on January 2, after surpassing $20,000 on December 16. The price of Ethereum is moving closer and closer to its all-time high of $1,420 with each passing day. JPMorgan strategists wrote on 5 January that the digital currency has emerged as a rival to gold and could trade as high as $146 000 if it becomes established as a safe-haven asset. (more...)
Airlines Ban Booze, Add Staff to D.C. Flights After Capitol Riots Airlines Ban Booze, Add Staff to D.C. Flights After Capitol Riots
- January 09, 2021

Mitt Romney as he arrived in Washington, D.C. These instances prompted airlines and unions representing flight attendants to express concern about in-flight security as some of the rioters began to leave the D.C. The day prior, cabin crew allegedly struggled to gain control as profane insults flew between supporters of the president and other passengers during a flight from Texas to the nation's capital. (more...)
Doctors in Hebei working nonstop to process COVID-19 testing samples Doctors in Hebei working nonstop to process COVID-19 testing samples
- January 09, 2021

Most of the cases have been in Shijiazhuang, the provincial capital that is due to host some events of next years Winter Olympics. Another 16 cases were brought from outside the country. "Villages should identify, report, isolate and treat cases as early as possible, so as to cut off the transmission", Wu Hao, a national health official, was quoted as saying. (more...)
How latest round of PPP funding for businesses will work How latest round of PPP funding for businesses will work
- January 09, 2021

In this next round of relief, Congress set aside $15 billion across first- and second-draw PPP loans for lending by insured depository institutions, credit unions, and farm credit system institutions with consolidated assets of less than $10 billion. (more...)
Canadian economy lost 63000 jobs in December, first decline since April Canadian economy lost 63000 jobs in December, first decline since April
- January 09, 2021

The seven-month streak of gains in Canada's labor market came to an end in December as health authorities tightened restrictions to curb a second-wave of COVID-19 cases. The economy still has 9.9 million fewer jobs than it did before the pandemic sent it sinking into a deep recession almost a year ago. The pandemic will likely continue to weaken the economy through winter and perhaps early spring, and further job losses are possible in the coming months. (more...)
Skoda to launch Seltos, Creta rival SUV Kushaq in Q2 of 2021 Skoda to launch Seltos, Creta rival SUV Kushaq in Q2 of 2021
- January 09, 2021

Skoda is indeed betting big on Kushaq and is promising that the SUV is a culmination of its 125 years of automotive heritage. "It is deemed to be the best seller in its class, setting the benchmark for functionality, practicality, spaciousness, and convenience", said Zac Hollis, Brand Director, Skoda Auto India . (more...)
Tesla targets Facebook, value of shares in striking distance Tesla targets Facebook, value of shares in striking distance
- January 09, 2021

The auto industry disruptor led by Elon Musk wowed Wall Street yet again over the weekend, reporting annual vehicle deliveries of 499,550, just shy of its 2020 target of half a million , but well above analyst estimates. "I'll have basically nearly no possessions with a monetary value, apart from the stock in the companies". Tesla is expected to increase its near-term gains thanks to Democrats winning both the Georgia Senate seats, which pivoted control of Congress to the USA political ... (more...)
Wall Street ends higher in renewed rally on hopes of further stimulus Wall Street ends higher in renewed rally on hopes of further stimulus
- January 09, 2021

The S&P 500 is down 7.93 points, or 0.2%. USA stocks' ascent to new highs Wednesday came in weird and stunning contrast to what unfolded in Washington , D.C. The S&P 500 posted 92 new 52-week highs and no new lows, while the Nasdaq recorded 445 new highs and 13 new lows. House Speaker Nancy Pelosi announced that Congressional leaders have chose to resume the joint session to certify President-elect Joe Biden's win once the Capitol is "cleared for use". (more...)

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