Economy 700
Swedish Media Bosses Publish Open Letter in Protest Against 'Chinese Pressure'
Chinese Ambassador Gui Congyou compared Sweden's criticism of China to an 48-kilogram lightweight boxer picking a fight with an 86 kg heavyweight.
Assemble in India for world can raise export market by 6 per cent by 2030: Economic Survey
India must focus on a group of industries, referred to as “network products”, where production processes are globally fragmented and controlled by leading multi-national enterprises (MNEs) within thei
SSE on course despite slight lag in renewables
Energy giant SSE marked its first quarter out of the household energy sector by saying that it is on course to deliver on its earnings target for the year.
Stock markets fall
Canada's main stock index posted a triple-digit decline in late-morning trading as the heavyweight financial, energy and industrial sectors moved lower.
Major Overhaul In External Affairs Ministry: New Verticals On Trade, Technology & Economy, Strategic Projects To Get More Attention
This is the first major overhaul in the ministry in nearly five decades.
Pound Sterling Powers into Month-End Against Euro and Dollar
The British Pound heads into month end with momentum owing to a decision by the Bank of England to keep interest rates unchanged
GDP Prints At 2.1%, But Strong Export Data Is Anomalous; Likely To Be Revised Downward
Most of the 2.1% print came from Net Exports (NEX), but the lead of that was a technical increase from IMPORTS (which normally REDUCE GDP) .NEX is the component of GDP that, historically, is most revi
Financial watchdog to investigate M&C Saatchi accounting scandal
The Financial Conduct Authority has launched an inquiry into the £11.6m accounting error revealed in December.
Asia shares try to rally after gut-wrenching week
Asian share markets were praying for a reprieve at the end of a punishing week as investors snatched at hopes the coronavirus could be contained, ...
Shareholder Capitalism Isn't Dead, It Just Changed Its Name to Stakeholder Capitalism
In our headlong search for what comes after shareholder capitalism, we have at long last discovered that stakeholder capitalism is still the same capitalism. And that's good news.
Economic Survey 2020 forecasts India GDP growth at 6-6.5% for FY21
Economic Survey 2020: According to the survey, uncertainties, although declining, are still elevated due to protectionist tendencies of China and USA and rising USA-Iran geo-political tensions
60 lakh informal workers, small traders enrolled under new pension schemes: President
Last year, the government launched Pradhan Mantri Shram Yogi Maan-dhan (PM-SYM) and Pradhan Mantri Laghu Vyapari Maan-dhan Yojana (PM-LVM) for providing assured minimum pension of Rs 3,000 per month.
India must follow China's growth model to create jobs, suggests Economic Survey 2020
Economic Survey 2019-20: India can create 4 crore well-paid jobs by 2025 and 8 crore by 2030 by integrating "Assemble in India for the world" into Make in India
A few tips to boost sales of new cars
Levying road tax for five-year periods, making the registration process online, and ensuring dealerships sell spare parts across the counter and online are among steps that will help reduce the cost of ownership
Highlights of the day: TSMC, UMC maintain normal production in China despite outbreak, but IC design houses worried about business
Many Taiwan-based IT firms are feeling the heat from the coronavirus outbreak that is delaying their production from returning normal following Lunar New Year. But have revealed that their fabs in China have been running as usual. Despite the foundry houses' reassuring revelations, many Taiwanese ...
Narrabri farmers feel 'sold out' by federal-NSW energy deal that boosts gas supply
NSW environment minister insists government will not ‘cut corners’ in assessing Santos’s controversial coal-seam gas project at Narrabri
Authorities tighten watch on Chinese workers in Indonesia's regions amid coronavirus fears
Amid the expanding coronavirus outbreak, authorities in Indonesia have been increasing monitoring of Chinese workers, especially those who recently arrived in the archipelago from mainland China, where the fast-spreading virus has killed at least 170 since it first emerged in the city of Wuhan, Hubei province.
Third edition of Olam in Kerala capital to offer a range of products and workshops
Olam, beginning on February 1, brings fun, food, music and sales to one venue
Buy local products for 'better tomorrow'; efforts on to make India $5 tn economy: Prez Kovind
President Ram Nath Kovind on Friday exhorted people to use locally manufactured products for a "better tomorrow" as he reiterated the government's commitment to make India a USD 5 trillion economy.
Wipro CEO Abidali Neemuchwala decides to step down
Neemuchwala has served as the CEO and MD of Wipro since February 2016. Prior to that, he was the CEO of the BPO division of Tata Consultancy Services Limited
Barnstaple based business take Business Innovation of the Year gong
SEA, the Barnstaple-based defence and security electronic system specialist has won a national award
Universities seek new markets after triple-blow
The UK's highly competitive visas for foreign students, along with the bushfires and coronavirus, threaten Australia's $38 billion higher education market.
'I will give everything for the badge', says new United recruit Fernandes
Manchester United's latest signing, Bruno Fernandes, has assured fans that he is highly motivated to give "everything" for the club.
Crisil upgrades Jindal Steel's NCD ratings to positive on restart of plant
Upgrade reflects improvement in JSPL's business risk profile over medium term
India's GDP growth not overstated, says Economic Survey 2020
Economic Survey 2020 live: The Economic Survey 2019-20 cleared the air around "inflated GDP numbers". Here's what this exactly means for you
Billionaire Lawrence Stroll takes stake in Aston Martin
Canadian billionaire Lawrence Stroll will take an up to 20 percent stake in Aston Martin for nearly 200 million pounds (US$$263 million) as the ailing carmaker raises funds after a sales drop put pressure on its finances, Reuters reports. Famed for being fictional secret agent James Bond’s car of choice, the 107-year-old company’s share price…
Economic Survey suggests widening scope of Make in India to create 4 crore jobs by 2025
This can be done by integrating “assemble in India for the world” into Make in India.
Union Budget 2020: Govt Tables Economic Survey, Pegs Growth Rate at 6-6.5% For FY 2020-21
The growth rate for the current financial year, ending March 31, was 5%, the Economic Survey, prepared by Chief Economic Adviser (CEA) Arvind Subramanian said. The Survey added that the rate of inflation declined from 3.2% in April 2019 to 2.6% in December 2019.
Progress in state on potato value chain should be replicated: PepsiCo Asia head
“How can industry and farmers win together? We follow contract farming or collaborative farming, where we put farmers at the centre,” he said.
Ethereum Event Attracts Global Energy Giant Sponsor, ETH Prices Up 7%
A large Ethereum gathering in the US next month is attracting some big named sponsors as BP adds its name to the list.
SBI Q3 result: Lender logs 41% YoY rise in profit at Rs 5,583 cr; NPAs dip
During the quarter under review, the bank's credit book grew 6.79% YoY to Rs 23.01 trillion, up from Rs 21.55 trillion. The retail loans have jumped 17.49% YoY, while corporate loans slipped 0.48%
SK hynix’s 2019 operating profit plunges 87%
South Korean chipmaker SK hynix’s operating profit in 2019 plummeted 87 percent to 2.7 trillion won ($2.2 billion), amid the continued fall in memory chip prices and lower demand, according to its earnings report released Friday. The world’s second-biggest memory provider raised 26.9 trillion won in annual sales last year, a 33.3 percent plunge from 2018. The net profit nosedived 87 percent to 2.02 tril...
Eco Survey: Thalinomics in times of rising prices: Veg, non-veg thalis more affordable
Using the annual earnings of an average industrial worker, it is found that affordability of vegetarian thalis improved 29 per cent from 2006-07 to 2019-20 while that for non-vegetarian thalis improved by 18 per cent.
SBI Q3 results: Profit jumps 41% to Rs 5,583 crore; asset quality shows big improvement
Percentage of net NPAs stood at 2.65 per cent compared with 3.95 per cent last year.
Anambra reschedules cancelled Nkpor auto spare parts market poll
President of ASMATA, Chief Ikechukwu Ekwegbalu, notified the traders to prepare for the election on Thursday, February 6.
Banking Association Reassures Lebanese their Deposits Are Safe
The head of the Association of Banks in Lebanon, Salim Sfeir, has made assurances that deposits are safe and that the temporary measures were only aimed at managing the current crisis. “Things will soon return to normal as the new government begins t
Posco’s operating profit down 30% in 2019 amid industry downturn
South Korean steel giant Posco said Friday its operating profit dropped 30.2 percent in 2019 from the previous year, amid the overall industry downturn and protectionism by major trading partners. The steelmaker said its revenue stood at 64.3 trillion won ($53.9 billion), down 0.9 percent on-year. The operating profit posted at 3.86 trillion won, while net profit was 1.98 trillion won last year. The operating margin...
Carnoustie residents demand renewables giant moves controversial cable landing site
Carnoustie community leaders have moved to protect local tourism from “huge disruption” caused by controversial plans to bury an electricity cable next to their world-famous golf course.
Brexit uncertainty among French diaspora in London’s ‘Frog Valley’
French nationals living in the UK greeted Britain’s January 31 exit from the EU with Gallic resignation and trepidation over the administrative procedures to come.
Public sector bank services hit as employees union go on 2-day strike
Bank strike: Services like cash deposit, withdrawal, cheque clearances, instrument issuance and loan disbursement of public sector banks are affected.
Marico slips 6%, hits 52-week low on disappointing December quarter results
In Q3FY20, consolidated revenue from operations declined 2 per cent YoY at Rs 1,824 crore.
Gov Makinde recalls five directors sacked by predecessor, Ajimobi
Five directors of the (BCOS who were sacked by the immediate past Governor Abiola Ajimobi, have been reinstated by the incumbent Governor, Seyi Makinde.
Two loan products launched by Indian Bank
Indian Bank on Thursday announced the launch of two products - Surya Shakthi, for roof top solar set up for captive consumption and Corporate Loan, a finance product in aid of units under stress for w
Inside Russian airline Aeroflot's pilot training facility where MailOnline is taught how to land a Boeing 737 in a state-of-the-art simulator - with VERY mixed results
MailOnline Travel's Jennifer Newton gets a tour of Aeroflot's pilot training school on the outskirts of Moscow - and takes the captain's seat in a Boeing 737 flight simulator.
ONGC’s gas pipeline in A.P’s KG Basin leaks, no damage reported
Villagers spot it on Friday morning and alert officials; ONGC team rushes and cuts off supply
Flight into the danger zone: China sends planes to bring ‘stranded’ overseas residents back home to Wuhan… but who would be brave enough to board?
There are 117 nationals from Wuhan in Bangkok, Thailand, and a further 100 in Kota Kinabalu, Malaysia, who are understood to be desperate to get back to the coronavirus-stricken city 'as soon as possible'.
Economic Survey highlights: FY20 fiscal deficit target may need relaxation
GDP growth pegged at 6-6.5 per cent in financial year starting April 1, up from 5 per cent in current fisca
Economic Survey pegs GDP growth at 6-6.5% in next fiscal
Government must use its strong mandate to deliver expeditiously on reforms, it says
When are the Eurozone Preliminary CPIs/ GDP and how could they affect EUR/USD?
Eurostat will publish the first estimate of Eurozone inflation and growth figures for January and Q4 respectively at 1000 GMT today. The headline CPI
Bank Negara says sentiments in global financial markets positive in Dec
KUALA LUMPUR, Jan 31 — Sentiments in the global financial markets in December were positive amid prospects of easing global trade tensions, said Bank Negara Malaysia (BNM) today. The central bank said investor’s risk appetite improved following the announcement and subsequent signing of a phase...
Pilots, flight attendants demand flights to China stop as virus fear mounts worldwide
Pilots and flight attendants are demanding airlines stop flights to China as health officials declare a global emergency over the rapidly spreading coronavirus, with American Airlines’ pilots filing a lawsuit seeking an immediate halt.
Economic Survey calls for $1.4 trillion infra spending during FY2020-2025
Investment in infrastructure is necessary for the economy, as power shortages, inadequate transport and poor connectivity affects overall growth performance, as per the Survey
What could derail the long-awaited property market recovery?
PROPERTY experts are hopeful 2020 will be the year the Perth market returns to growth.
GDP edges up 0.1 per cent
The Canadian economy edged higher in November, reversing most the decline seen in October, as cold weather helped boost the utilities sector and the construction and retail sectors also gained ground.
Corporation tax cut to benefit 1% firms, SMEs paying lower tax: Eco Survey
With economic slowdown resulting in slippages in direct and indirect tax collections, the Survey said the next financial year is expected to pose challenges on the fiscal front
Fused entity to have enough cash to loan private players: PFC on REC merger
PFC and REC can separately lend up to 25 per cent of their net worth to a single borrower/ project, and lending to a group borrower could be 40 per cent, PFC informed the BSE
Oh! GDP grew only 6.1% - not 6.8% - last fiscal, says MOSPI
GDP figures for financial year 2017-18 were also revised downwards to 7 per cent, from 7.17 per cent reported earlier
CVS Stock Is a Long-Term Hold, but It’s not a Buy Ahead of Earnings
CVS Health's 2018 acquisition of Aetna will likely boost CVS stock in 2020, but volatiity around earnings date is possible.
Woodford Income Focus fund to reopen in February
£268m fund was frozen in October after stockpicker’s business imploded
Luxury home prices in Manhattan have tumbled to their lowest level in years, and it proves that sellers are still struggling to offload prime real estate, Business Insider - Business Insider Singapore
Business Insider - The price threshold for Manhattan luxury homes fell to $3.8 million at the end of 2019 — the lowest it's been since 2013.. Read more at businessinsider.sg
Bank of Lithuania Looks into Central Bank Digital Currency
Bank of Lithuania may be the next entity to look into Central Bank Digital Currencies (CBDCs), after multiple banks worldwide have expressed interest. All
Chesapeake Energy Bulls Are Asking the Wrong Question
From logical deduction, the environment must be pressured beyond belief. Thus, I can’t see CHK stock doing anything but eroding in the long run.
Economic Survey 2020: GDP Growth Projected At 6-6.5 Per Cent In FY21; Growth Resurgence From Second Half Of FY20
The Economic Survey 2019-20 was tabled by Finance Minister Nirmala Sitharaman in the parliament today (31 January). The survey projects the Indian Economy to grow at a rate of 6 to 6.5 per cent in the upcoming Financial Year 2020-21.
Helicopter company in Kobe Bryant crash not certified to fly in poor visibility
The charter company whose helicopter crashed and killed basketball star Kobe Bryant, his daughter and seven others on Sunday was not certified to fly in conditions requiring pilots to fly using only cockpit instruments, media reports said.
Emilia Clarke & Emma Watson Have Joined 2000 Supporters Urging Climate Change Action
Now that celebrities can reach their fans on a more personal level over social media, the lines between celebrity and activist have blurred. Many actors, musicians, and models use their platforms to raise awareness about the issues they care about.…
Perth energy firm SSE ‘on course’ to deliver targets
Perth-based energy giant SSE said it expected to meet its full year targets yesterday despite its renewable energy output falling 5% behind forecasts for the first nine months of the year.
Luxury home prices in Manhattan have tumbled to their lowest level in years, and it proves that sellers are still struggling to offload prime real estate
The price threshold for Manhattan luxury homes fell to $US3,816,835 in the fourth quarter of 2019, according to a report by the real-estate listing platform, StreetEasy.
Govt Revises GDP Growth For 2018-19 to 6.1 Per Cent From 6.8 Per Cent
Earlier in the day, the Economic Survey presented by chief economic advisor (CEA) Krishnamurthy Subramanian projected revival of economic growth to 6-6.5 per cent in the next fiscal starting April 1, 2020.
Eskom gauges interest in building pebble-bed nuclear plants
South Africa spent R14.47bn trying to develop the technology before abandoning the project in 1999.
Paradigm Chairman Sam Gores Denies Report of Possible Sale to CAA
"We are not for sale, nor are we selling the agency," Gores says in email to employees
Portal Leisure Centre fails to boost town centre footfall as empty shops pile up
Retail vacancy rates above the national average, new report shows.
Aussie property values rise another 0.9% in January
CoreLogic’s dwelling price results have been released for January, which reveals another 0.9% increase in values over the month at the 5-city level, driven by more strong rises across Sydney (1.1%) and Melbourne (1.2%):
Domino's wants software development classed as a manufacturing industry
Warns Australian tech job market is getting dysfunctional, again.
Unilever considers selling tea brands as UK hot tea sales are on a downward trend
Following on from the recent news (30th Jan 2020) of Unilever looking to sell their PG Tips and Lipton brands, Arian Bassari, Consumer Analyst at GlobalData, a leading data analytics company, offers his view on these developments.
Treasury Wine Estates shareholders back company's US presence
Long-term Treasury Wine Estates shareholder Tribeca wants the company to maintain a presence in the US but would like to see its commercial business divested.
Budget Session 2020 Highlights: GDP growth rate for 2018-19 revised downwards to 6.1 per cent
Parliament Budget Session 2020, Economic Survey 2020 Highlights: The Economic Survey 2019-2020, tabled by Finance Minister Nirmala Sitharaman, projected the economic growth of 6 to 6.5 per cent in the fiscal year starting April 1.
Jonathan Van Ness wants people to know living with HIV is manageable 'in the way that diabetes is', Business Insider - Business Insider Singapore
Business Insider - Speaking to Insider, the "Queer Eye" star said many people are surprised that "it's a chronic illness and that it's not a terminal one.". Read more at businessinsider.sg
Markets Recoil as Economic Survey Stokes Fiscal Slippage Fears
The 30-share BSE Sensex closed 190.33 points, or 0.47 per cent, lower at 40,723.49. Likewise, the broader NSE Nifty shed 73.70 points, or 0.61 per cent, to finish at 11,962.10.
Turn off BT warnings the next time you play Death Stranding
Kojima Productions is still chipping away at fan-requested updates for Death Stranding. The latest feature – a BT Encounter Warning option – lets players skip the slightly-too-long scene that plays whenever Sam treads into Beach...
NZD/USD finds support near 0.6450, stages modest recovery
The NZD/USD pair closed the fifth straight trading day in the negative territory on Thursday and extended its slide on Friday to touch its lowest leve
Africa pushes ahead on the world’s largest free-trade zone
The African Union is backing the Africa Continental Free Trade Area.
The Daily Chase: Stocks under pressure as virus spreads; GDP inches higher
Global stocks are coming back under pressure this morning as investors interpret the latest wave of coronavirus headlines. Meanwhile, the Canadian economy unexpectedly expanded in November.
Property sales catapult American Savings’ earnings | Honolulu Star-Advertiser
American Savings Bank’s earnings soared 30% in the fourth quarter after recognizing an after-tax gain of $7.7 million from the sales of its former headquarters at the Financial Plaza of the Pacific and its Mililani Service Center.
EA's tepid forecast overshadows quarterly beat, shares slip
Amid rising competition from console, mobile developers.
Bank strike paralyses work
Bank employees owing allegiance to various constituent unions of the United Forum of Bank Unions (UFBU) boycotted work in the erstwhile composite Khammam district on Friday, the first day of the two-d
How mortgage broking was saved from near death
The Hayne recommendations nearly finished off mortgage brokers a year ago. Today, their services are more in demand than ever.
Mining sector's GDP share sees decline due to disruptions in Goa, Karnataka
Closure of mines and disruptions due to changes in legislations has thrown the sector out of gear, curtailing production and endangering jobs
Hindustan Unilever Q3: Steady performance amidst the slowdown
Despite the ongoing consumption slowdown, Hindustan Unilever has been able to maintain the same 5 per cent year-on-year growth in volumes in each of the last three quarters. It has been able to hold v
Luxury home prices in Manhattan have tumbled to their lowest level in years, and it proves that sellers are still struggling to offload prime real estate
The price threshold for Manhattan luxury homes fell to $3.8 million at the end of 2019 — the lowest it's been since 2013.
India's share in global commercial services exports up at 3.5 per cent
According to the economic survey tabled by finance minister Nirmala Sitaraman, the service sector acounts for 55 per cent of economic growth
UC Berkeley had to apologize for saying anti-Chinese xenophobia is a 'normal reaction' to the coronavirus, Business Insider - Business Insider Singapore
Business Insider - "Confused and honestly very angry about this Instagram post from an official UC Berkeley Instagram account," one former student said.. Read more at businessinsider.sg
Railway Budget 2020: Railway fares unlikely to be hiked, govt may give privatisation push
Budget 2020: After the success of India's first private train Tejas, the Centre may also consider privatising other trains and railway operations. The Centre's railway station modernisation plan will also boost steel consumption in the country
Lavender Economic Survey says growth has bottomed out, pegs GDP for FY21 at 6-6.5%
The pre-Budget Survey said for wealth to be distributed, it first has to be created and called for looking at wealth creators with respect.
Ford Stock Is a Neutral Play in 2020
The automaker has an opportunity for growth in China but it’s got to deliver in a market not favoring light vehicles.
Farmers stuck with pineapples as prices drop to Shs 700
agriculture
Long queues return to banking halls, as customers avoid new ATM withdrawal limits
Customers of various banks now prefer to withdraw cash over the counter in the banking hall to using Automated Teller Machines (ATM).
Fiscal deficit target may be relaxed to arrest declining growth: Economic Survey
The Medium Term Fiscal Policy (MTFP) statement presented with the Budget 2019-20, pegged the fiscal deficit target for 2019-20 at 3.3 per cent of gross domestic product (GDP), which was further expected to follow a gradual path of reduction and attain the targeted level of 3 per cent of GDP in 2020-21, and continue at the same level in 2021-22.
Smoothing Bumpy Cash Flow For Small Town Governments
Springbrook discusses the cash flow challenges of local governments prioritizing timely supplier payments and budget transparency.
3 Warren Buffett Picks That Most Investors Missed
Even many Buffett followers haven't picked up on some of these winners. Did you?
Kobe Bryant: Helicopter Company Involved in Lakers Star's Death Suspends Operations
Island Express Helicopters — the company that owned the aircraft that Kobe Bryant, his daughter Gianna and seven other passengers were on when it crashed in Calabasas, California, on Sunday — has temporarily suspended its operations. A statement on the company's website revealed that all [...]
Supreme Court business rates hearing on ATM charges to be heard on Budget day
It comes on March 11, the day the Chancellor will unveil plans to help the high street.
What a 5-Step Checklist at Johns Hopkins Can Teach You About Life and Business
Often the simplest steps -- ones we repeat all the time -- are an opportunity to slip up and create costly errors.
Buyer pays 30 per cent above asking price to nab King West loft
This roughly 600-square-foot unit is in a nearly 20-year-old building across from Massey Harris Park that is composed of two-storey units with loft-like characteristics
CMA new boss talks tough against issuing profit warnings late
NAIROBI, Kenya, Jan 31 - The Acting Chief Executive of Capital Markets Authority Wycliffe Shamiah has warned companies listed on the Nairobi Securities Kenya breaking news | Kenya news today |
Ola, another SoftBank-backed cab startup, will launch in London just as Uber faces being booted from the city, Business Insider - Business Insider Singapore
Business Insider - Ola is a rival to Uber, but shares the same big investor.. Read more at businessinsider.sg
Splunk Stock Will Keep Powering Higher Despite Being Overvalued
Splunk stock isn't cheap -- it's probably overvalued here -- but valuation alone won't stop the SPLK rally.
Strategic strata moves rattle Melbourne's city grid
In an intriguing start to the year for the CBD strata market, property developer Salta has snapped up a second floor in a seven-storey building on Exhibition Street.
SBI invests $20m in core banking-API integration firm OpenLegacy
Japan's SBI Holdings has invested $20 million in OpenLegacy Technologies, an American software firm that smooths API integration of core banking systems.
Save money on tickets for unmissable Euro 96 heroes show
Three football legends will preview the Euro 2020 Finals and talk about their own career highlights in one of Plymouth Pavilions' most eagerly-anticipated events of the year
Pro-business policy critical to achieve $5 trillion economy, says Economic Survey
The Economic Survey 2019-20 says India’s aspiration to become a $5 trillion economy depends critically on promoting “pro-business” policy that unleashes the power of competitive markets to generate
Fallen Order has already sold more than EA were expecting for the whole financial year
Star Wars Jedi: Fallen Order has already surpassed the sales EA were hoping to see for the fiscal year. In their earnings call, the company praises the success of both Fallen Order and Battlefront II, as well as Apex Legends.
Nike Adds Pops of Pastel to SB Dunk High Pro "Easter Spectrum"
The seasonal suede offering drops from today.
Nissan Titan Becomes Snarling Beast With Sweet-Sounding Exhaust
We're of the opinion that the Nissan Titan doesn't get as much recognition as it deserves in the US market....
Oyo cuts staff strength by about 2,000, exits 200 cities as part of restructuring
Oyo claims that although it has slashed a significant workforce, there has been a lot of support that the start-up has given to the employees who have been asked to leave
KK airport rep: 117 flights from China affected by Sabah govt’s temporary suspension over coronavirus outbreak
KOTA KINABALU, Jan 31 — A total of 117 weekly flights from 15 cities in China, as well as Taiwan and Hong Kong, have been affected following the Sabah government’s decision to temporary suspend all scheduled and charter flights from China to the state, effective yesterday. The 117 flights do...
The pound rises as the UK bids goodbye to EU — but experts say to brace for an up to 7% drop if trade talks falter
"If trade negotiations fail and the UK ends up with a delayed hard exit we would look for GBP USD to drop 5% to 7% taking us back towards $1.24," said one analyst.
Buzzy primary care company One Medica just popped in its stock market debut after raising $245 million in its IPO, Business Insider - Business Insider Singapore
Business Insider - One Medical is set to start trading Friday under the ticker "ONEM." One Medical was founded on the idea of making it easier to get medical care.. Read more at businessinsider.sg
Budget 2020: Why focus on wealth creation is good news for Indian economy
The Economic Survey 2019-20 has managed to hit the bullseye by focusing on wealth creation. It now remains to be seen whether the government provides the tools and environment required for the same.
UK Bankers Would Like a Lie-In in the Mornings
People who make their money from other people losing theirs would like to be allowed to do so during more sociable hours, with those who ply trades on the UK's stock exchanges petitioning for a later start to their working days.
Chinese firm applies for construction of 840MW Ayago dam
Kampala, Uganda | THE INDEPENDENT | A Chinese company Power China International Group Limited has submitted an application to construct the 840 Mega Watts Ayago hydropower plant on River Nile. According to the Uganda Gazette this week, the company seeks a license for generation and sale of electricity from Ayago dam on River Nile in Kiryandongo …
Foreign exchange reserves reach life-time high of $466.69 billion
In the previous week, the reserves had increased by USD 943 million to USD 462.16 billion
Amazon set to blow past a $1 trillion valuation after topping analysts' earnings expectations, Business Insider - Business Insider Singapore
Business Insider - The company previously touted $1 trillion valuations in September 2018 and July 2019, though the milestones were quickly lost as shares tumbled.. Read more at businessinsider.sg
It's official: too much banking is bad for you
The "financialisation" of an economy can exacerbate inequality, and undermine stability.
How are UK businesses coping with Brexit uncertainty?
Two businesses, two very different perspectives on how to cope with the lack of clarity around the EU-UK's future trading relationship.
Reforms must take into account economic wellbeing
As we implement the wave of reforms flowing from the royal commission, it's important to ensure the health of the economic system.
ExxonMobil and Chevron report fourth-quarter earnings declines
US oil majors knocked by tighter margins, chemicals weakness and writedowns
OECD warns of ‘concerns’ over US move on digital tax
PARIS, Jan 31 — An alternative proposal by Washington on how to tax digital giants worldwide has been met with “concern” by several nations, the OECD group of free-market economies said today. The push for a so-called “safe harbour” option would essentially render compliance optional,...
Cott to sell S&D Coffee business for US$405 million
The sale is part of Cott's plan to focus on its water business.
PIC: Three Injured As 7 Gas Cylinders Explode At Chinhoyi Shopping Centre
Chinhoyi Shopping Center Gas Explosion.. 3 People Injured. Three people were injured, one of them seriously when seven gas cylinders exploded at Chinhoyi
Lebanon central bank chief says $1bn sent abroad
Protesters have accused bankers of complicity with the political class and suspect politicians of transferring funds abroad despite the restrictions and a prolonged local bank closure when protests first broke out.
Eco Survey gives positive outlook for steel, oil and gas sectors: Pradhan
The sector achieved a growth of 5.2 per cent during April-November period of the ongoing financial year as compared to 3.6 per cent in the year-ago period, it added
Aviva stops investors from taking money out of Irish property funds
Investment vehicles have combined value of €940 million
Zimbabwean entrepreneur invents tech that turns a tree into a WiFi hub
‘Trees of Knowledge’ will convert trees and rural landmarks into educational WiFi hubs in Africa.
'Build the play' - Bristol Rovers boss explains why the Gas have signed Swansea City defender
He has been on loan in Holland
These All Ords shares were sold off in January: Time to buy?
Kogan.com Ltd (ASX:KGN) and these All Ordinaries shares were sold off in January. Is this a buying opportunity?
Flight attendants sue Boeing over ‘toxic’ air inside plane
The lawsuit alleges contaminated air from the outside off the engines enters the cabin.
Amazon’s 2019 Transparency Report Shows Slight Decline in Government Requests
Amazon’s 2019 transparency report says it received 1,841 subpoenas, 440 search warrants, and 114 other requests in the second half of 2019.
China car sector to take hefty first-quarter hit from virus but 2020 outlook not necessarily grim
The new coronavirus epidemic is likely to wreak havoc on China auto sales and production in the first quarter, but it is too early to push panic ...
Top news of the day: Delhi court postpones hanging of Nirbhaya case convicts, Economic Survey pegs GDP growth at 6-6.5% in next fiscal, and more
The major news headlines of the day, and more.
Statistics Canada says GDP edged up 0.1 per cent in November
OTTAWA — Statistics Canada says real gross domestic product edged up 0.1 per cent in November, reversing most of the decline experienced in October.
Economic Survey calls for USD 1.4 trillion spending on infrastructure
Finance minister notes that investment in infrastructure is necessary, as it affects the overall growth
Vedanta profit rises 49% to Rs 2,348 cr in Q3 on the back of lower expenses
In a statement, the company said "attributable PAT (was) at Rs 2,348 crore, up 49 per cent y-o-y (year-on-year)"
GDP growth for FY19 revised downwards to 6.1% from 6.8% estimated earlier
"Real GDP or GDP at constant (2011-12) prices for the years 2018-19 and 2017-18 stand at Rs 139.81 trillion and Rs 131.75 trillion, respectively
Xbox One bundle deals offer Black Friday prices with discounts across all models
Pick up a cheap Xbox One S or X from just $149 this week as Walmart and Amazon return to Black Friday prices.
Indian economy has hit ‘a trough’, hope to achieve 6-6.5% in 2020-’21, says chief economic advisor
The chief economic advisor pointed out that firms that had borrowed a lot of funds between 2008 and 2012 had invested less during the 2013-’17 period.
No fresh investment, redemption for mutual fund investors on Budget day
Mutual funds investors will not be able to make a fresh investment or sell their units on the Budget day because subscription and redemption are closed on Saturdays and Sundays, industry officials
Support Sudan now or regret later: UN tells US, World Bank, IMF
Months after Bashir was ousted, Sudan's economy remains burdened with foreign debt of more than $60 billion, inflation of about 60 percent, soaring unemployment and chronic shortage of fuel and foreig
President Kenyatta launches construction of Shs1.8bn Naivasha-Njabini Road
NYANDARUA, Kenya, Jan 31 – President Uhuru Kenyatta Friday launched the construction of Shs 1.8 billion Naivasha to Njabini road. The upgrading of the - Kenya breaking news | Kenya news today | Capitalfm.co.ke
Dow plummets 600+ points in its worst day since August
The Dow Jones Industrial Average erased its year-to-date gains in the last day of January trading, tumbling more than 600 points on rising coron...
The pound rises as the UK bids goodbye to EU — but experts say to brace for an up to 7% drop if trade talks falter
The British pound is trading slightly higher as Britain gets ready to leave the European Union tonight.
Drought tariffs to take effect from tomorrow
Water restrictions will officially come into effect in the City of Mbombela Local Municipality tomorrow, February 1.
The pound rises as the UK bids goodbye to the EU — but experts say to brace for a drop of up to 7% if trade talks fail, Business Insider - Business Insider Singapore
Business Insider - If the UK ends up back with a so-called hard exit, "we would look for GBP USD to drop 5% to 7% taking us back towards $1.24," one analyst said.. Read more at businessinsider.sg
Staff share in €54m payout after US takeover of Decawave
Chipmaker gives new owner access to fast-growing market for Irish group’s technology
Goldman Sachs warns Wuhan coronavirus will hit US economic growth this quarter
Goldman Sachs warned on Friday that Wuhan coronavirus is likely to hit US economic growth.
Dutch extracted from China can be quarantined in their own homes
The Dutch people who will be extracted from the Chinese city of Wuhan over the weekend will be allowed to spend the two weeks long quarantine period - to make sure they are not infected with the new
Downing Street's 'divorce': UK finally set to leave EU
After years of division and protests, the UK will become the first country to leave the EU, ending a 47-year membership.
Cut in housing prices can clean up banks' balance sheets: Economic Survey
Pitching for correction in property prices, the survey said that housing prices are ruling at a high level, even as the growth in rates has been muted since 2015-16
GlobalData: Brexit deal with EU will change the landscape of medical device industry in UK
In the event of a free trade agreement with the EU, the UK will continue to be bound by current EU laws, thereby adhering to the new Medical Device Regulation. This will significantly change the landscape of the medical device industry, says GlobalData, a leading data and analytics company.
BlackRock Appears Interested In North American Small Cap Pharmaceuticals
BlackRock sees North American Small Cap Pharmaceuticals as Undervalued. Will this trend continue?Comparing Blackrock and Vanguards asset allocation in North American Small Cap Pharmaceuticals.BlackRoc
New York pension fund to review investments in coal companies
The New York State Common Retirement Fund has announced its plan to review investments for 27 thermal coal mining companies.
EA made nearly a billion Dollars in the last quarter thanks to “Live Services”
Publisher Electronic Arts has reported on its quarterly earnings for the last three months of 2019, and they’ve made an awful lot of money on their “live services” which is a bit of a catchall-term…
Mastercard Invests in AI-Based Startup Trust Stamp
Electronic payments giant Mastercard has made a strategic investment in Trust Stamp, an Artificial Intelligence-based authentication services company.
Economic Survey 2019-20 Tabled in Parliament, Sees Pick up in Growth
For the current fiscal, it projected a GDP growth of 5 per cent, the lowest in 11 years, and worsening job prospects.
New Answers About What Happened to Luke Skywalker's Lightsaber After He Lost It in THE EMPIRE STRIKES BACK
A couple of months ago we learned that there was a new Star Wars comic coming, which is set shortly after the events of The Empire Strikes Back . The story goes back to Cloud City and explores what happened to Luke Skywalker’s Lightsaber after Darth Vader cut off his right hand, which was holdi
Acrelec announces $223 million investment from Glory to expand in-store quick service solutions
Acrelec, the global leader in customer experience technology for “quick service” restaurants and retailers, has announced plans for a $223 million investment by Glory Global Solutions. The funding is subject to review by Acrelec’s employee representatives and certain competition authorities. Acrelec has developed kiosks, drive-through and self-checkouts for many of the world’s best-known restaurants and […]
Electricity consumers to pay more for prepaid meters
Electricity Consumers will have to pay more for prepaid meters as the hike in FG's Value Added Tax, VAT, from 5 to 7.5 per cent, begins in ...
Trade body at variance with ISMA over sugar production estimate
All India Sugar Trade Association sees sugar output falling to 27 million tonnes; This is higher than ISMA's estimate of 26 million tonnes for 2019-20
Look for New Highs From CSX Stock as the Economy Heats Up
As goes the economy, so goes CSX stock, and the economy is only going to improve over the next few quarters.
IrrigationNZ applauds $12.7m funding for Northland water
IrrigationNZ supports the Government’s decision to inject $12.7m into improving Northland’s water resilience.
Household lending grows for third consecutive year - Central Bank
Home lending drove growth in the figures but private sector lending fell
Property where Johnny Cash, June Carter Cash once lived sold
HENDERSONVILLE, Tenn. — The lakefront property in Tennessee where Johnny and June Carter Cash lived for more than 30 years has been sold for $3.2 million.The Hendersonville Standard first reported . . .
Ashley Roberts emerges with Pussycat Dolls after split from Giovanni Pernice
Nothing like your girls to get you over a break-up.
Three Birmingham City University workers evacuated from Wuhan on UK rescue flight
They are among 83 British nationals who will be taken to Arrow Park Hospital, Wirral, for a period of quarantine after the flight from China touches down at RAF Brize Norton in Oxfordshire
10 things you need to know before the opening bell, Business Insider - Business Insider Singapore
Business Insider - This is what traders are talking about.. Read more at businessinsider.sg
IrrigationNZ applauds $12.7m funding for Northland water
IrrigationNZ applauds $12.7m funding for Northland water - but more urgently needed
Top U.S. fund firms split over new limits on shareholder votes
BOSTON (Reuters) - Pending U.S. securities rules that would limit shareholder proposals have divided passive and active U.S. fund firms as some take a harder line on issues like climate change.
Volkswagen offers to buy all of Navistar for $2.9 bn
German auto giant Volkswagen said Thursday it wants to buy the part of American truck maker Navistar that it does not already own for $2.9 billion.
Myanmar turns back China Southern flight over coronavirus fears: government spokesman
YANGON (Reuters) - Authorities in Myanmar turned back a China Southern flight from Guangzhou with almost everyone on board on Friday after one of the passengers was found with flu symptoms similar to the fast-spreading coronavirus, a government spokesman said.
Investors get bullish after WHO lauds China's coronavirus response
"For now, the market’s risk lights have shifted from flickering on red to a steady shade of amber."
Goldman Sachs warns Wuhan coronavirus will hit US economic growth this quarter, Business Insider - Business Insider Singapore
Business Insider - Fewer Chinese tourists and a drop in US exports to China could weigh on the economy.. Read more at businessinsider.sg
5 ASX growth shares to boost your portfolio performance
Here's why I would pick A2 Milk Company (ASX: A2m) shares and these 4 other ASX shares to boost your portfolio performance.
Myanmar turns back China Southern flight over coronavirus fear, says govt spokesman
YANGON, Jan 31 — Authorities in Myanmar turned back a China Southern flight from Guangzhou with almost everyone on board today after one of the passengers was found with flu symptoms similar to the fast-spreading coronavirus, a government spokesman said. The plane arrived in the commercial...
Three major trade unions to jointly fight for enhancement of minimum wages
‘State government dilly-dallying over release of order on the issue’
National Statistical Office revises growth down to 6.1% for 2018-19
“Real GDP or GDP at constant (2011-12) prices for the years 2018-19 and 2017-18 stand at ₹139.81 lakh crore and ₹131.75 lakh crore, respectively.”
Government must unleash bold reforms to achieve 6-6.5% growth in FY21, say experts, industry
The chamber said as the Economic Survey is a precursor to the Union Budget, it expects some of the bold reforms highlighting trust, entrepreneurship and primacy of the market to be reflected in the Budget announcements. Leader Economic Advisory Services at PwC India Ranen Banerjee said attaining the projected growth rate of 6-6.5% will be challenging.
Kobe Bryant crash: Helicopter owner Island Express suspending tours, other flight operations
Island Express, the company that owns the helicopter involved in the fatal crash that killed Kobe Bryant and eight others, has suspended its other helicopter operations.
The pound rises as the UK bids goodbye to EU — but experts say to brace for an up to 7% drop if trade talks falter
The British pound is trading slightly higher as Britain gets ready to leave the European Union tonight.
ING the second Netherlands bank to turn to negative savings interest
Banking institution ING has become the second bank in the Netherlands to charge a negative interest rate on certain savings accounts. Customers will face a -0.50 percent interest rate for any amount
Medal for former ECB chief Draghi divides Germans
Months after the end of his term as president of the European Central Bank, Italian economist Mario Draghi will receive Germany's highest honour ...
Dec core sector growth recovers to 1.3% on higher coal, fertiliser output
Production of crude oil, natural gas, and electricity contracted in the month under review
Canadian billionaire Lawrence Stroll leads group buying stake in Aston Martin
Stroll will become the iconic car company’s executive chairman; consortium, which also includes André Desmarais, will initially buy a 16.7 per cent interest with plans to raise that to 20 per cent
The pound rises as the UK bids goodbye to the EU — but experts say to brace for a drop of up to 7% if trade talks fail
If the UK ends up back with a so-called hard exit, "we would look for GBP USD to drop 5% to 7% taking us back towards $1.24," one analyst said.
Morrisons could be moving to redundant car dealership site
The John Grose Ford dealership in Framlingham is set to shut up shop today - as rumours circulate that Morrisons could be taking over the site.
Global Run On Virus Masks Leaves US & Europe With No Supply
Global panic growing as virus spreads
Opinion: Is Enmax paying its fair share into City of Calgary coffers?
For Calgary’s economy, 2019 was a terrible year, marked by ongoing troubles in the energy sector and a downturn in construction. Not surprisingly, the city’s weak economic performance h…
India’s Supreme Court allows Sarda Mines to resume mining in Odisha
The Supreme Court of India has allowed Sarda Mines to resume mining operations in the state of Odisha if it pays INR933m ($139m) in environmental fine.
Fiscal deficit hits 132% of estimate till Dec on slow revenue collection
The government aims to restrict the gap at 3.3 per cent of the GDP or Rs 7,03,760 crore in the year ending March 2020
More countries publishing ecosystem accounts, considering environment in economic decisions
New research shows that an increasing number of countries are publishing ecosystem accounts, helping to embed nature in economic and financial decisions.
Boeing Credit Rating Slashed Amid Plane Maker’s Ongoing 737 MAX Fiasco
Moody's warns Boeing also remains
Poundland shoppers lose it after spotting controversial 'design flaw' on giraffe toys
A picture of the offending toy has opened the floodgates on social media
World Bank calls for stronger tax collection to bring 115 million Indonesians into middle class
World Bank acting country director for Indonesia Rolande Pryce said the government’s plan to relax corporate income tax, among other things, would reduce the tax-to-GDP ratio by 0.5 percent. Indonesia’s tax to GDP ratio stands at 10.7 percent in 2017, the lowest among regional peers.
Economic Survey 2020 explains why the rich are good for economy
Economic Survey 2020: Survey says wealth created by entrepreneurs correlate strongly with wealth created by employees, and that greater wealth creation in a market economy enhances welfare for all
Stage set for gradual recovery in broader markets over next year: Sunil Subramaniam, Sundaram MF
Things are not going to recover right from tomorrow but over the next three to six months, one can definitely see the underpins of an economic recovery, says Sunil Subramaniam, MD & CEO, Sundaram Mutual Fund.
As Trade Tensions Ebb and Chip Prices Recover MU Stock Is a Buy
After being battered by market forces and a trade war for over a year, Micron is positioned for growth, and that should propel MU stock.
Plug Power - Business Update Call Takeaways - Company Signs Third Anchor Customer
Discussing key takeaways from Thursday's business update call. Company reported FY2019 gross billings at the lower end of the projected range and guided for approximately 27% top-line growth and mater
Goldman Sachs warns Wuhan coronavirus will hit US economic growth this quarter
Goldman Sachs warned on Friday that Wuhan coronavirus is likely to hit US economic growth.
Bold reforms needed to achieve 6-6.5% growth in FY21: Experts, industry
Leader Economic Advisory Services at PwC India Ranen Banerjee said attaining the projected growth rate of 6-6.5 per cent will be challenging
Housing corporations not building enough homes, regulator says
Housing corporations are still failing to build enough homes, according to a report by the Housing Corporation Authority, part of the Human Environment and Transport Inspectorate. The "State of the
Eskom warns SA to brace for more frequent power cuts
The country has been contending with an energy deficit since late 2005.
Three companies to process seaweed produced by farmers of Palk Bay region
Memoranda of Understanding were signed to this effect by the Fisheries Department on Thursday
UK and EU prepare for next Brexit phase - a trade deal
As London hopes for a "zero-tariff, zero-quota trade agreement" post-Brexit, Brussels is insisting on a "level playing field". Meanwhile, British bankers are counting on maintaining their access to E…
Economic Survey: 5,151 smart city projects at various levels of execution
On Pradhan Mantri Awas Yojna-Urban (PMAY-U) programme, the Survey said the scheme was launched in June, 2015 to provide "pucca" house with basic amenities to all eligible urban poor
Warren Buffett's big Amazon investment is finally paying off, 8 months after he lamented not buying sooner (AMZN, BRKA)
Warren Buffett spent years watching Amazon soar from the sidelines, before his holding company Berkshire Hathaway started purchasing shares earl...
France cracks down on plastic waste, destruction of unsold clothes
PARIS, Jan 31 — The French parliament yesterday passed a law forbidding retailers from destroying unsold clothes and banning single-use plastic containers by 2040, part of the government’s efforts to reduce waste. The bill adopted by the Senate, after being cleared by the lower house National...
How major US stock indexes fared Friday
Stocks fell sharply on Wall Street Friday as investors feared that a virus outbreak that originated in China will dent the global economy. Technology companies, which do a lot of business with China, led the losses. Airlines fell after Delta and American suspended flights to and from China. The sell-off erased the S&P 500’s gains …
Peppa Pig voice actress quits the role after 13 years
Peppa Pig's Harley Bird has quit the role of the lead character after 13 years. She first started on the show at the age of five.
Market LIVE: Sensex, Nifty subdued as Economic Survey throws fiscal, economic challenge for government
Around 3.15 PM, S&P BSE Sensex was trading 0.51 per cent or 209 points lower at 40,703.84 while broader Nifty 50 index breached the crucial 12,000-mark and was ruling at 11,955 points
American Airlines, mechanics union reach tentative US$4.2 billion contract deal
American Airlines Holdings Inc and its mechanics union announced tentative joint collective bargaining agreements on Thursday covering five ...
Too soon to tell economic impact of Wuhan coronavirus on China: IMF chief
It is still too soon to gauge the economic impact of the virus outbreak on China's economy, beyond the first three months of the year, ...
Friday’s small-cap stocks to watch
Our roundup of Canadian small-caps of between $100-million and $2.5-billion in market capitalization making news and on the move today
India forecasts faster economic growth, warns of fiscal challenge
The government estimates GDP will grow 5% this fiscal year, which ends on March 31. That would be the slowest growth since the global financial crisis of 2008-09
The EU’s Risky Green Taxonomy
European Union member states and the European Parliament are soon expected to adopt a so-called “taxonomy” for classifying green investments, after reaching an agreement last month on a list of “sustainable” economic activities. Once the new system enters into force, most likely this year, the European Commission will use this list to determine which financial assets and products are sustainable. This taxonomy is the backbone of the Commission’s regulatory package on sustainable finance, which has the ambitious goal of “reorient[ing] capital flows towards sustainable investment, in order to achieve sustainable and inclusive growth.” The Commission hopes that the new labelling scheme will address the problem of market players “greenwashing” non-sustainable financial products and serve as the basis for policy incentives to promote sustainable investment. To be fit for purpose, however, the taxonomy must address three important questions. Unfortunately, the EU’s one-dimensional approach disregards two of the three…
The Next AMD Stock Buy Opportunity is Coming … Just Not Yet
Longer-term AMD stock investors have every reason to see more upside in shares, but trimming risk and waiting to accumulate shares on a more meaningful correction is smart business today.
Economic survey: Slowdown bottomed out, uptick from here onwards, says CEA
The Economic Survey 2019-20, prepared by a team lead by Subramanian, has projected the GDP to expand in the range of 6-6.5 per cent during 2020-21
Economic Survey 2020 to give roadmap for $5 tn economy
Coming at a time when India's nominal economic growth, not adjusted for inflation, has been the worst in 42 years, the Economic Survey, to be presented in parliament by around 12.30 pm, is hugely
Pakistan Suspends Flights to China a Day After WHO Declares Global Health Emergency Over Coronavirus
New Delhi (Sputnik): Airlines around the world have been suspending all flights to China following the outbreak of the virus which has already claimed the lives of over 200 people.
Rly passenger volume up by 1.85%, freight loading rose by 5.34% in 2018-2019: Eco Survey
Commenting on the cleanliness parameters of the national transporter, the survey stated that for railways which covers over 8,700 stations and carries around 230 lakh passengers daily with clientele of varied socio-economic backgrounds, cleanliness was a continuous process.
Eurozone economy barely grows in Q4 as France, Italy shrink
BRUSSELS — The eurozone economy, made up of the 19 countries that use the euro, barely grew in the final quarter of 2019 as both France and Italy contracted, official figures showed Friday. In its first estimate for the quarter, statistics agency Eurostat said the eurozone grew by only 0.1% from the previous three-month period. …
How to remove a big obstacle to buying a house: debt
It’s not impossible to buy a house if you’re in debt, it’s just more challenging. Here are some steps to take.
Eco Survey has right vibes; will Budget reflect same thinking, asks D-Street
Here is what economists and analyst read into the fine prints of the survey.
QFMA to further boost Qatari capital market: CEO
The Qatar Financial Markets Authority (QFMA) is working to further improve the performance of Qatar’s capital market, which has previously been ranked among top 10 financial markets in the world in various indicators related to measuring capital market performance.
Economic Survey launches 'Health Score' to detect liquidity issues in NBFCs
A sudden payment default without any prior warning by Infrastructure Leasing and Financial Services (IL&FS) in August 2018 had triggered panic and caused liquidity crisis in the NBFC sector
How ‘Embedded’ Payment Providers are Transforming Fintech
Behind-the-scenes payments providers could be moving Big Tech further toward financial services.
Market Highlights: Sensex slips 190 points, Nifty ends below 12,000 ahead of Budget 2020
Share Market, Stock Market Highlights: Everything that happened in the markets.
Is India's GDP growth overstated? Economic Survey counters Arvind Subramanian, others
Beginning from Arvind Subramanian, several economists and international agencies have raised doubts over India's GDP growth rate figures in past one year. The Economic Survey 2020-21 rejects the charge.
Triodos Bank CEO: 'Bankers should be eco-warriors'
Presenting at the Bristol Distinguished Address Series, Dr Bevis Watts, chief executive of Triodos Bank UK spoke on the essential role banking must play in driving action on climate change.
Even This Cheap, It’s Hard to Make a Case for Chesapeake Energy Stock
Could Chesapeake Energy stock rally 20% to 30% from here? Yes. But that doesn't mean CHK stock doesn't have risks. In fact, far from it.
How $98 trillion of household wealth in America is distributed
If a pie represented the wealth in the United States, nine pieces, or 90% of the pie, would go to the wealthiest 20% in the country.
Report: Family farm bankruptcies jumped 20% in 2019
2019 was a tough year for American farmers. U.S. farm bankruptcies jumped 20 percent last year.
Big corporates opt for WeWork shared office tenancy
The economic downturn and a trend towards flexible office environments see WeWork become home to large enterprises, says WeWork SA GM Stafford Masie.
Cutting down waste: Jakarta's traditional markets to drop single-use plastic bags by July
As an alternative, vendors are expected to educate and provide their customers with ecofriendly bags.
Nearly 1,000 students, staff on leave of absence after returning from China, says MOE
SINGAPORE: A total of 967 students and employees from schools in Singapore have been placed on a leave of absence because of their recent travel ...
Economic Survey: Need to address challenges in farm sector to double income
The food processing sector is growing at an average annual growth rate of more than 5 per cent over the last six years ended 2017-18, it added
Montrose snap up striker Lewis Hawke from Stirling Albion
Montrose manager Stewart Petrie has signed striker Lewis Hawke until the end of the season. Hawke has joined the Gable Endies from Stirling Albion for an undisclosed fee. The deal is short term but not a loan and can be extended if it suits both parties.
An American boxer was accidentally head-butted in a fight and suffered a gash so wide you could have stuck a nickel in it, Business Insider - Business Insider Singapore
Business Insider - JoJo Diaz boxed well over 12 rounds despite the wound, winning the IBF super featherweight world title from Tevin Farmer on a DAZN show in Miami.. Read more at businessinsider.sg
Eurozone Preliminary CPI rises 1.4% YoY in Jan, meets estimates
According to Eurostat’s flash reading of Eurozone CPI report, the annual reading came in at +1.4% in October, meeting expectations of +1.4% and +1.3%
Economic survey predicts GDP to be between 6 and 6.5%, wants government to deliver expeditiously on reforms to revive growth
The Economic Survey 2019-20 tabled in the parliament on Friday predicted the GDP growth between 6% and 6.5% in the fiscal year starting 1 April.
Eurozone Preliminary GDP arrives at 0.1% QoQ in Q4, misses estimates
The Eurozone economy eased its pace of expansion at 0.1% on quarter in the three months to December of 2019, missing +0.2% expected, the first estimat
A crocodile in Indonesia has had a tire stuck on its head for years — and there's a reward for anyone brave enough to get it off, Business Insider - Business Insider Singapore
Business Insider - Previous attempts to get the tire off, such as luring the crocodile using chicken and meat, have been unsuccessful.. Read more at businessinsider.sg
India must focus on network products to export like China: Economic Survey
Among the major Asian countries, India and Indonesia are the only ones with a trade deficit in such products
SBI profit jumps 41 per cent to Rs 6,797 crore in Q3 on lower provisioning
On a standalone basis, SBI's net profit jumped 41.2 per cent to Rs 5,583.36 crore in the third quarter of the current fiscal compared to Rs 3,954.81 crore during the corresponding October-December period in the same period a year ago.
LG lost over $850 million through its Mobile Division as sales fall in 2019
LG has recently revealed its financial report for the Q4 of 2019. In the final quarter, the company saw a massive loss as its mobile division continues to deteriorate in the smartphone industry. According to the report, the South Korean tech giant saw a loss of over $850 million in Q4 of 2019 as sales …
It stifles freedom: Economic Survey cautions Modi govt against excessive intervention in market | 10 points
The Economic Survey has said govt interventions often result in undermining the market's ability to support wealth creation and lead to outcomes which are opposite to those intended.
Americans spent at slowest pace in 3 years in 2019, threatening powerhouse of US economy
Consumer spending is closely watched because it drives about two-thirds of gross domestic product. But there are signs that households are start...
Astellas files new application for expanded use of roxadustat in Japan
Astellas has set its sights on extending the use of roxadustat into Japan, for the treatment of anaemia associated with chronic kidney disease (CKD) in non-dialysis patients.
Smart City Mission: 5,151 projects at various stages of implementation, says Survey
Talking about achievements of 'Smart Cities Mission' (SCM), the Survey said all 100 cities under the mission have incorporated SPVs, City Level Advisory Forums (CLAFs) and appointed Project Management Consultants (PMCs). "Since the launch of the mission, 5,151 projects worth more than Rs 2 lakh crore are at various stages of implementation in the 100 cities," it added.
US pilots, cabin crew demand China flights halt on virus fears
US airlines cut hundreds of flights to China and State Department advises people not to travel there due to outbreak.
Sterling extends gains after BoE keeps rates on hold
LONDON, Jan 31 — The British pound extended its rally today for a second consecutive day following the Bank of England’s decision to keep interest rates steady on signs of a post-election pick-up in growth. But analysts said the rally may be short lived. The United Kingdom exits the European...
The Flippening: Stablecoins’ Transfer Value On The Ethereum Network Just Surpassed ETH
Stablecoins now have a larger share of value transferred on the Ethereum network than its native cryptocurrency – ETH. Even though the continuously
Megan Thee Stallion Shares New Details Of Her New Upcoming Persona
New year, new Megan Thee Stallion! The 24-year-old rapper, who previously rose to fame with personas like "Hot Girl Meg" and "Tina Snow", is now getting ready to showcase a whole new character to the world in her debut album. “Suga is here to basically let girls know that it’s okay to be a mess,”…
WHO says countries should keep borders open, trade & people moving despite coronavirus
GENEVA (Reuters) - Borders should be kept open and people and trade flowing in the face of the coronavirus outbreak, although countries have a sovereign right to take measures to try to protect their citizens, the World Health Organization (WHO) said on Friday.
Delta kingdom loses 115 years old monarch
OLEH - ODIO-OLOGBO of Irri Kingdom, Isoko South Local Government Area, Delta State, HRM Joshua Aghagba, Amathovo I
Swiping their way higher: Visa, Mastercard could be the next US$1 trillion companies
Tech and internet titans were the first to reach US$1 trillion in stock market value, but the next U.S. companies that could do so are better ...
Pound-to-New Zealand Dollar Rate Risks Correction as RBNZ Shifts into "Neutral" Gear
The British Pound Sterling vs the New Zealand Dollar: Latest GBP/NZD News and Analysis
A labor attorney explains the work rules around getting sick in the office, whether you’re facing a small cold or the coronavirus
With the outbreak of coronavirus dominating headlines, it is a great time to dust off the company policy on dealing with flu season and infectious diseases in the workplace. Contagious diseases are particularly troublesome subjects for companies, as there’s a wide variety of circumstances and cultures on the wisdom of working through a sickness. Some managers reward employees who “tough it out” and show up under the weather, while other company cultures encourage sick employees to work from home or stay away altogether.
Canada's first P2P consumer lender preps launch
Canadian regulators have given the greenlight for the country's first peer-to-peer lending platform for consumer loans.
Credit rating agency S&P expected to keep Turkey's outlook unchanged
The U.S.-based international credit rating agency Standard & Poor's S&P is expected to keep Turkey's credit ratings and the overall outlook...
Coronavirus Outbreak Sends European Stock Markets Into Tailspin
On Monday, US stocks posted their biggest downturn since October 2019 due to fears of the economic impacts of the new SARS-related virus that recently emerged in central China.
Egypt's population nears 100 million, putting pressure on resources and jobs
CAIRO (Reuters) - Sitting in her sister’s apartment on a noisy Cairo street, Rania Sayed one day hopes to leave a city that is becoming more congested as Egypt’s population ticks up to 100 million, a milestone it will pass next month.
Appellate court overturns environment court decision on Kibos sugar mill closure
KISUMU, Kenya, Jan 31 – The Court of Appeal in Kisumu has revoked a decision by the Environment and Land Court ordering the closure of the Kibos Sugar - Kenya breaking news | Kenya news today | Capitalfm.co.ke
Driver injured as lorry crashes into Wednesbury Morrisons
A man was injured when the lorry he was driving crashed into the side of Morrisons in Wednesbury.
Here are all the US presidents who have been impeached, Business Insider - Business Insider Singapore
Business Insider - President Donald Trump became the third president in US history to be impeached. The others were former presidents Andrew Johnson and Bill Clinton.. Read more at businessinsider.sg
Turkey, Lithuania ink economic protocol for greater trade, investment ties
Turkey and Lithuania on Friday signed a protocol for the Economic and Trade Committee JETCO that will pave the way for further expansion of bilateral...
Fidelity Bank reports a 28.5% increase in profit for FY 2019
Earlier today, Fidelity Bank Plc announced its unaudited financial reports for the period ended December 31st, 2019.
A positive, but cautious outlook for M&A activity in 2020
After recent surges in activity in 2018 and 2019, New Zealand’s M&A activity is expected to slow down in 2020, with processes taking longer, and some deals failing to complete.
Panga Box Office: Here’s The Daily Breakdown Of Kangana Ranaut Starrer
Panga Box Office: Kangana Ranaut starrer Panga which locked horns with Varun Dhawan-Shraddha Kapoor's Street Dancer 3D has performed way below expectations at the ticket windows. After taking a start
Statistics Canada says GDP edged up 0.1 per cent in November
The Canadian economy edged higher in November, reversing most the decline seen in October, as cold weather helped boost the utilities sector and the construction and retail sectors also gained ground.
As we head out, can you cash in? Old 50p coins marking Britain JOINING the EU can sell for up to £100 thanks to Brexit
Since the 1970s, the Royal Mint has released a number of seven sided coins marking our membership in the bloc. One of them from 1992 is rare and worth a mint.
Economic Survey: Wilful defaulters owe Rs 1.4 trillion to lenders
The Economic Survey, tabled in the parliament on Friday, has revealed that the wilful defaulters owe a whopping sum Rs 1.4 lakh crore. As of 2018, wilful defaulters owed their respective lenders
Lucrative speaking circuit helps David Cameron bank £836,000 profit in a year
Former prime minister Theresa May also earned close to £400,000 in the month of December alone through speaking engagements.
Aston Martin won’t release EVs until it’s financially stable
Following an emergency investment, Aston Martin says it likely won't make any EVs until after 2025.
Non-food credit growth slides to 7% in Dec 19 from 12.8% a year ago
All four categories - agriculture, industry, services and retail - segments showed deceleration in credit growth
Pace of road construction less than half that of 2018-19: Economic Survey
Per-day construction drops from 29.7 km in FY19 to 12.7 km in first six months of current fiscal
WWE stock plunges after Vince McMahon ousts top execs
WWE shares plunged off the top rope Friday after head honcho Vince McMahon booted two longtime executives at the pro wrestling giant. The firm’s stock tumbled 21.5 percent to $48.88 — its
Hitachi makes US$5 billion offer for full control of industrial gear unit
Hitachi Ltd said on Friday it would spend 531.1 billion yen (US$4.84 billion) to take full control of industrial equipment unit Hitachi ...
Street Dancer 3D Box Office: Here’s The Daily Breakdown Of Varun Dhawan-Shraddha Kapoor Starrer
Street Dancer 3D Box Office: Varun Dhawan and Shraddha Kapoor starrer latest Bollywood dance film has followed quite an underwhelming trend at the Box Office. The film took a below-par start and conti
9 business moguls on how to break into a new industry and make it to the top, Business Insider - Business Insider Singapore
Business Insider - "I lost about $20,000 until I turned a corner. I didn't change anything or get smarter — I just got better by showing up every day.". Read more at businessinsider.sg
Explained: What is Economic Survey’s strategy for boosting wealth creation?
Economic Survey reiterates PM Narendra Modi's call for increasing “wealth creators” in the economy.
Global thermal coal prices to fall following coronavirus outburst in China
Thermal coal imports into China are also likely to slow for a time. Already there are reports of Indonesian coal producers being asked to delay loadings. As the largest supplier of coal to China, Indonesia has the most to lose if the situation worsens and electricity demand weakens.
Excavation to Begin on Next Phase of Summerland Oil Well Cleanup
During the week of February 10, 2019, exploratory excavation work will begin on oil wells leaking onto Summerland Beach, as part of the planning for capping up to three more wells on and off the beach – including the notorious Treadwell #10 offshore well (pictured above). The actual capping work will take place during the months of June/July 2020. State Lands Commission staff notified Heal the Ocean of its progress report to the State Legislature, “Coastal Hazards and Legacy Oil and Gas Well Removal and Remediation Program,” which it presented in December 2019 as preparation for this next phase of the cleanup.
Economic Survey maintains $5 trillion aim, but can’t avoid references to Great Indian Slowdown
The annual document barely seems to acknowledge that the Indian economy is in the doldrums.
Core Sector Growth Recovers To 1.3% In December
The growth was, however, lower than 2.1 percent recorded in December 2018.
Lucrative speaking circuit helps David Cameron bank £836,000 profit in a year
Former prime minister Theresa May also earned close to £400,000 in the month of December alone through speaking engagements.
Market movers: Stocks that saw action on Friday - and why
A roundup of some of the North American equities making moves in both directions today
Record Time: New & Notable Vinyl Releases (January 2020)
Record Time is Paste’s monthly column that takes a glimpse into the wide array of new vinyl releases that are currently flooding record stores around the world. Rather than run down every fresh bit of wax in the marketplace, we’ll home in on special editions, reissues and unusual titles that come across our desk with an interest in discussing both the music and how it is pressed and presented. This month that includes a classic soundtrack, a jazz wonder, and a heartbreaking live performance by the late Daniel Johnston.
GDP growth for 2018-’19 revised downwards to 6.1%
Earlier it was estimated to be 6.8%. However, slowdown in mining, manufacturing and farm sectors forced the National Statistical Office to change the figures.
Ultrasound firm suspended by health bosses goes into voluntary liquidation - leaving several members of staff unpaid
'Obviously we are very upset'
Slowdown bottomed out, GDP expected to grow at 6.5 per cent: Chief Economic Adviser
The Economic Survey has projected the GDP to expand by 6-6.5 per cent
Canada’s economy bucks forecasts, posts surprise gain
Statistics Canada says GDP grew by 0.1 per cent in November despite impact of rail strike, pipeline disruption; economists had expected no increase for the month
ZESA Announces City Wide Electricity Blackout…Check Areas And Time
ZESA Announces City Wide Electricity Blackout Power utility ZESA has announced that there will be a city-wide electricity blackout on Sunday. According to the struggling power utility, during the 12-hour blackout, it will be carrying out essential maintenance. The blackout will cover the majority of the capital and will last from 6 am to 6 …
Unilever Plans to Dump PG Tips as Tea Sales Fall
Enormous international conglomerate Unilever has had enough of selling tea bags to British people, and is trying to offload its PG Tips and Lipton brands in the face of falling overall sales of tea products. It probably should've kept that to itself before trying to negotiate a price.
Airbus paying $4-billion to settle corruption probe, exposing bribery allegations
The plane maker has been investigated by French and British authorities for suspected corruption over jet sales dating back over a decade
No use suing over spilt milk as court throws out Lidl shopper's personal injury claim
A woman who told a court she was injured when she slipped on milk in a Lidl supermarket has had her €15,000 compensation claim thrown out.
Chinese city of Wuhan says it should have acted sooner to contain virus
BEIJING (Reuters) - Wuhan, the epicenter of a coronavirus that has quickly spread beyond China’s borders in recent days, should have taken measures sooner to contain it, the city’s Communist Party chief said on Friday.
Relief as new scheme to control parking problems to be introduced in Woodbridge
Woodbridge will be introducing parking restrictions from April this year as part of the new initiative instigated by the civil parking enforcement (CPE) scheme.
Nairobi-based lobby urges Treasury to rescind decision on implementation of turnover tax
NAIROBI, Kenya, Jan 31 – A Nairobi based lobby group representing small traders has appealed to the Ministry of Treasury to halt the implementation of the Kenya breaking news | Kenya news today |
11 Netflix original series that are ending this year, Business Insider - Business Insider Singapore
Business Insider - Many of the streaming service's hit shows (like "Glow" and "13 Reasons Why") will debut their final seasons in 2020.. Read more at businessinsider.sg
Corporate tax cut to mostly benefit less than 1 pc of companies: Survey
The corporate tax cut announced by FM last Sept will benefit less than 1 pc of firms, as per Economic Survey.
Spread some of the infrastructure spending wider
An increase in central government’s contribution to local authority roading costs should be a priority for some of the $4 billion in unallocated infrastructure spending the Government still has up its sleeve, Federated Farmers says.
FG targets $150 billion revenue from Zero-oil plan
FG has disclosed that it is targeting additional $150 billion to the foreign reserves in the next 10 years through its zero-oil plan.
Greece defends anti-migrant floating barrier amid growing criticism
Minister says barrier would send message to smugglers that ‘rules of the game have changed’
China banks borrow from SARS playbook in preparation for market reopening
SHANGHAI: Chinese financial firms will deploy measures used during the SARS outbreak nearly two decades ago to combat the new virus when markets ...
Pilots, flight attendants demand flights to China stop as virus fear mounts worldwide
Pilots and flight attendants are demanding airlines stop flights to China as health officials declare a global emergency over the rapidly ...
The Super Bowl's massive audience is a huge draw for advertisers. Here are 10 brands running Super Bowl commercials for the first time in 2020., Business Insider - Business Insider Singapore
Business Insider - Bud Light Seltzer, Facebook, Little Caesars, Sabra, are among the brands airing Super Bowl ads for the first time.. Read more at businessinsider.sg
Egypt's population nears 100 million, putting pressure on resources and jobs
Sitting in her sister's apartment on a noisy Cairo street, Rania Sayed one day hopes to leave a city that is becoming more congested as Egypt's population ticks up to 100 million, a milestone it will pass next month. Like many others, she wants to move to one of the new satellite settlements
I've been using this eye cream for 5 years and it's the closest thing to a miracle for getting rid of dark circles and depuffing, Business Insider - Business Insider Singapore
Business Insider - This is the best under-eye brightening treatment I've tried. It's been in my skin-care routine for 5 years, and I recommend it to everyone.. Read more at businessinsider.sg
United Airlines Stock Is Poised for Lift Off After Encountering Turbulence
The selling in United Airlines stock has gotten overdone on coronavirus fears. The company has limited exposure and is primed for a rally.
GDP growth expected to strongly rebound to 6-6.5% in FY21: Economic Survey
India's economic growth is expected to "strongly rebound" to 6-6.5 per cent in 2020-21 from 5 per cent estimated in the current fiscal, the Economic Survey said on Friday, adding that the government with a strong mandate has the capacity to expedite reforms.
Wall Street opens in red as coronavirus headlines continue to dominate
Wall Street's n indexes started the last day of January in the negative territory as investors continue to react to heightened concerns over the coron
A little-known trucking company surges nearly 58% after Volkswagen makes a surprise offer to buy
Hardly a household name, truck manufacturer Navistar’s stock rose to sudden popularity Thursday, continuing into Friday’s pre-market trading. Shares surged as much as 57.7% Friday after Volkswagen’s trucking arm, Traton, made an unsolicited offer to buy the company for $US2.9 billion, or $US35 per share, Thursday. Volkswagen, which already owns a 16.76% stake in Navistar, said it would pay entirely in cash. The two companies are some of the biggest in the truck-making industry. But to make the acquisition, Volkswagen will have to get the blessing of activist investor Carl Icahn: The billionaire’s fund owns about 17% of Navistar’s outstanding stock, making Icahn Navistar’s single largest shareholder. The offer comes at a time when the broader trucking manufacturing industry is in a slump, with new orders in decline, The Wall Street Journal previously reported. In its most recent earnings, Navistar’s fourth quarter revenue declined versus the year prior. The stock started the year sliding downwards after it trailed…
Pizza Hut is giving away 2 years of free pizza and Super Bowl tickets to the first set of twins born after this year's Super Bowl kickoff, Business Insider - Business Insider Singapore
Business Insider - Pizza Hut is gifting the winning family with free pizza, two tickets to next year's Super Bowl, and $22,000 towards the twins' education.. Read more at businessinsider.sg
Investment Implications Of Unravelling Of Post WW2 World Order: The Case Of Turkey
While the world is now accustomed to the likes of China challenging the post-WW2 world order, the challenge by smaller actors such as Turkey is something new.Multinationals, ranging from oil and gas p
Lucrative speaking circuit helps David Cameron bank £836,000 profit in a year
Former prime minister Theresa May also earned close to £400,000 in the month of December alone through speaking engagements.
Gold 50p Brexit coins sell out in hours
The 50p coin to commemorate Brexit has been beset by problems and repeated delays.
Three-bed seaside home in Scotland worth £185k sold for just £45k after £1 auction
A three-bedroom house on offer for just £1 sold at auction for slightly more than that yesterday – going under the hammer for £45,000. Auction House Scotland said a Scottish buyer had snapped up th…
Watch Harry Styles and Lizzo surprise fans with a delightful performance of 'Juice', Business Insider - Business Insider Singapore
Business Insider - The two powerhouse singers thrilled fans in Miami with their rendition of the track, which is from Lizzo's 2019 album "Cuz I Love You.". Read more at businessinsider.sg
How to Trade Boeing Stock After Its Nasty Earnings Report
Boeing's earnings were abysmal thanks to the grounded 737 Max, but the stock shrugged it off. Here's how to trade BA stock moving forward.
New Zealand Box Office continues to Impress in 2019
FRIDAY 31ST JANUARY 2020
Chevron posts steepest loss in a decade after gas writedown
Chevron Corp. posted its biggest loss in a decade after it wrote down the value of North American natural gas fields and returns plunged from overseas refining and oil production.
UK SMEs see their future in the cloud
Cloud computing features strongly in the plans of SMEs for the coming year, with 57 percent planning increased adoption, according to a new report.
Did Walmart Waste $3.3 Billion on Jet.com?
The e-commerce site is a shell of what it was when the retailer purchased it.
A labor attorney explains the work rules around getting sick in the office, whether you're facing a small cold or the coronavirus, Business Insider - Business Insider Singapore
Business Insider - Generally, an employer can require a sick employee to leave work — but those employees won't always be required to get paid.. Read more at businessinsider.sg
City suppliers to wait longer for pay
EACC asks Treasury to suspend payments for an investigation into fraud claims.
Economic Survey links infrastructure with social reforms to boost growth
The Survey suggested interlinking electricity supply with health and education
Delta's credit card revamp makes its cards better than ever, and you can earn up to 100,000 miles with the current welcome bonuses — but only until April 1, Business Insider - Business Insider Singapore
Business Insider - Delta revamped its lineup of co-branded Amex credit cards, and you can currently earn up to 100,000 miles with the limited-time welcome bonuses.. Read more at businessinsider.sg
Aston Martin director explains why they will become a constructor in 2021
Following the announcement this morning Racing Point will be rebranded, Aston Martin CEO Andy Palmer has explained why the carmaker wants to become a constructor and a works team in Formula 1.
Nevada Copper chooses Redpath to enhance production at US mine
Nevada Copper has selected mining contractor Redpath USA to implement its ramp-up strategy for its 100%-owned Pumpkin Hollow project in Nevada, the US.
Economic Survey's GDP growth forecast for FY20 wide off projection
It is for the second consecutive time that NSO's GDP estimate is significantly lower than the projection made in the survey prepared by the finance ministry
Vedanta Q3 PBT at Rs 3,806 cr, up 9.4% on lower costs, exceptional gain
Sales down 10% to Rs 21,126 cr mainly due to lower commodity prices, muted volumes in zinc, oil & gas and copper
Apple must fight to keep the iPhone's Lightning port as the EU presses ahead on forcing standardized phone chargers, Business Insider - Business Insider Singapore
Business Insider - The EU might kill the Lightning port on the iPhone.. Read more at businessinsider.sg
Deep Dive: Giving ATMs Next-Gen Upgrades For Security, Cardless Functionality And More
This Deep Dive examines how next-generation ATMs are boosting customers' experiences and helping brick-and-mortar financial institutions (FIs) remain current.
These 5 Valentine's Day-themed puzzles will get you in the holiday spirit. Can you solve them all?, Business Insider - Business Insider Singapore
Business Insider - All five of these Valentine's Day puzzles are filled to the brim with love, hearts, candy, flowers — the works.. Read more at businessinsider.sg
ViacomCBS Names George Cheeks to Replace Joe Ianniello as Head of CBS
Cheeks, who most recently worked at NBCUniversal but previously was at Viacom, starts in late March.
Realtors expect debt restructuring up to Rs 1 trn, tax sops for homebuyers
He said loans up to Rs 1 trillion are required to be restructured in view of liquidity crunch faced by builders
The 10 most dangerous US states to work in, Business Insider - Business Insider Singapore
Business Insider - Some states have more dangerous jobs than others. We took a look at fatal workplace injury rates across the US.. Read more at businessinsider.sg
Core industries output rise 1.3% in December after four months of decline
The growth came on the back of rise in output in coal, fertiliser and refinery products sectors. However, production of crude oil, natural gas, and electricity contracted during December
Books industry needs investors – GPA
news, story, article
Amazon set to break record for one-day gain in market cap
Amazon could set a new mark for the biggest single-day gain on record for a US company.
FDA to Investigate Influencers Promoting Pharmaceutical Products
The FDA will conduct two studies to examine the relationship between paid pharmaceutical endorsements from celebrities, influencers and physicians and user behaviour.
US consumer spending cooled last month, core prices picked up
Income growth in the US slowed to 0.2%.
Slip-N-Slide CEO Ted Lucas Explains How He Built SuperFest Into Miami's Biggest Festival
Ted Lucas is the man behind artists like Trina, Rick Ross, Pitbull and others now he runs one of the biggest concert series in the country.
Economic Survey raises more questions than answers for pharma industry
Economic Survey 2019-20: The pharma industry is left in a fix after the Economic Survey 2020 came out today. Here's all you need to know
India Set to Move Towards Chinese Model to Expand Exports, Create Jobs
New Delhi (Sputnik): The Indian Finance Ministry has been trying to attract investments from foreign companies into India. The cut in corporate tax rates came as a push to attract investments by technology companies looking for avenues outside of China, amid Beijing’s ongoing trade war with Washington.
9 business moguls on how to break into a new industry and make it to the top
Looking to blaze into a new industry? We asked some of the world’s smartest business people and Advisors in The Oracles for their best tips for breaking into a new field, from tech to real estate to day trading.
Spread some of the infrastructure spending wider, Feds urges
An increase in central government’s contribution to local authority roading costs should be a priority for some of the $4 billion in unallocated infrastructure spending the Government still has up its sleeve, Federated Farmers says.
Wipro stocks fall over two per cent after CEO Neemuchwala steps down
MD Abidali Z Neemuchwala will continue to hold the office of the CEO and Managing Director, until a successor is appointed for a smooth transition.
DHT Holdings' Co-CEOs On The VLCC Markets (Podcast Transcript)
As part of the Value Investor's Edge Live Virtual Tanker Forum, J Mintzmyer spoke with DHT Holdings' co-CEOs.The discussion covered the VLCC markets and IMO 2020 developments.We reviewed DHT's scrubbe
OVO Sound Leaks Drake & Future's "Desires"
Listen to the record from the frequent musical partners.
Ole Gunnar Solskjaer not expecting any deadline day business for Man Utd
Eddie Howe did not rule out an exit for Joshua King.
Rome bar near Trevi fountain and restaurant in Vietnam ban Chinese customers and Italian music school blocks all East Asian students in 'racist' incidents as coronavirus is declared a global health emergency
A bar in central Rome has put up a sign saying 'people coming from China' do not have access, while a restaurant in Vietnam said 'no Chinese'. An Italian school has also barred East Asians.
PIC:King & Queen… Robert Mugabe Jnr’s New Model Bae Reveals She’s Still A Virgin & More Details About Their Relationship
Robert Mugabe Jnr's New Girlfriend Reveals She's Still A Virgin. Things seem to be looking up for the late former president Robert Mugabe's son Robert Jnr
Economic Survey 2020: How privatisation helps CPSEs unlock growth potential
Economic Survey 2020: The analysis showed that these privatised CPSEs, on an average, perform better post privatisation than their peers in terms of their net worth, net profit, return on assets
Economic Survey 2020: Red-tape still strangles Indian manufacturing
Economic Survey 2020 updates: Ease of doing business in India seems like a far fetched dream as of now due to the huge number of licenses and approvals needed to run a business. Here's all you need to know
Shehbaz files defamation suit against British newspaper, reporter David Rose
The PML-N president said that the allegations leveled against him were baseless.
FCA Flags Capital International Management Company
The FCA regulator has warned against Capital International Management Company, a clone of European Economic Area (EEA) authorised firm.
Lyft Stock Is An Intriguing Trade for Market Bulls Ahead of Earnings
The long-term debate over Lyft won't be resolved by a single quarterly report, but a risk-loving market could bid LYFT stock up next month.
BJP promises wheat flour at Rs 2, clean drinking water to every household
BJP's manifesto was released in presence of Union Ministers Nitin Gadkari, Prakash Javadekar, Harsh Vardhan, party's Delhi unit president Manoj Tiwari and MPs. Addressing the media, Nitin Gadkari said the party will run the "bullet train" of development in the national capital.
French Connection shares plummet after failure to secure buyer
The retailer saw shares slide by almost a third after it said it was set to post between £1 million and £2 million in losses for the year.
Core sector output shows growth after contracting for four months
The rebound signals that the economy may have bottomed out in the second quarter and may see revival in the third quarter. The news should come as relief for the government ahead of the Budget and may dispel fears surrounding the Indian economy slipping into stagflation.
Group hails Okowa for hosting NEXIM bank forum
President of Delta Progressives, Mr Ogagaoghene Otikpo, has commended Gov. Ifeanyi Okowa for hosting the ongoing South-South Enlightenment
MTN Group to sell 14% of its Nigerian business
MTN Group says it is looking to reduce its majority shareholding in its Nigerian subsidiary by 14%, hoping to raise $4 billion from the sale.
Retailers call for two hours free parking in Perth city centre to bring back shoppers
Retailers have called for two hours of free parking to be introduced in Perth city centre to help bring shoppers from the outskirts and beyond back to the high street.
Shrinking French and Italian economies hamper euro zone growth
Spectre of recession likely to mean more monetary easing by ECB
Correction directions issued over claims of Singaporeans contracting Wuhan coronavirus, shortage of masks
SINGAPORE: Several correction directions have been issued over false claims to do with the Wuhan coronavirus situation in Singapore, the ...
Aldi wants to open a new, bigger Newport store next to Sainsbury's - but the council will try to stop it
Sainsbury's have objected to Aldi's plans to open a new supermarket next door
Railways Approaches Finance Ministry to Relieve it of Pension Burden
This is not the first time that the railways has begged off its pension responsibilities, which eat into its earnings.
Contraction in domestic revenue growth softened IT-BPM sector growth in FY19: Survey
Of the total $135.5 billion of exports of the IT-BPM sector in 2018-19, IT services accounted for 55%, and BPM and software products & engineering services for the remaining 45 per cent (with each accounting for almost half of the share). The survey termed the Indian IT-BPM industry as the flag-bearer of India's exports over the past two decades.
Banking services affected as employees strike
The nationwide strike has been called by the United Forum of Bank Unions, pressing for a 20% wage hike and a charter of other demands
Eurozone economy records worst year since 2013
The growth recorded was lower than the 0.2% anticipated in the markets and was largely due to the fact that two of the eurozone's biggest economies, France and Italy, both contracted.
Important Announcement Ahead Of Chippa & Pirates Clash
Chippa United make important announcement for their match against Orlando Pirates.
Italy's Gualtieri: Government expects GDP to bounce back in Q1 after disappointing Q4
The Italian government expects the Gross Domestic Product (GDP) to bounce back in the first quarter of 2020 following the disappointing growth recorde
China's factory activity falls in January as Wuhan coronavirus fears grow
BEIJING: China's manufacturing activity slipped in January, official data showed on Friday (Jan 31), as the country grapples with a new virus that ...
China to bring home all Hubei residents from overseas
BEIJING: The Chinese government is to send charter planes to bring citizens from virus-hit Hubei province who are overseas back
Politics And The Markets 1/31/20
This is the forum for daily political discussion on Seeking Alpha. Please don't leave political comments on other articles or news, and please avoid personal insults!
Highways sector needs Rs 19.63 lakh crore investment by 2024-25: Economic Survey
Of the total Rs 102 lakh crore investment need for infrastructure projected by the National Infrastructure Pipeline (NIP), during 2020 to 2025, the highways sector will require Rs 19.63 lakh crore, the Survey said.
Tesco discounts toy Range Rover by a whopping £82 so shoppers can get it for just £27.50
Supermarket Tesco has slashed the cost of a toy Range Rover by 75%. The car is currently £27.50 instead of £110
Eurozone economy records worst year since 2013
The eurozone economy, which is made up of the 19 countries that use the euro currency, ended 2019 with a whimper and recorded its worst year of growth since it was mired in a debt crisis in 2013.
One of the emergency hospitals Wuhan is panic-building is looking close to completion. Watch a live feed of the construction here., Business Insider - Business Insider Singapore
Business Insider - The Wuhan Huoshenshan Hospital is due to open February 3, and the Leishenshan Hospital is due to open February 5.. Read more at businessinsider.sg
Eco Survey calls for pro-business policies, strengthening invisible hand of markets
The invisible hand needs to be strengthened by promoting pro-business policies to provide equal opportunities for new entrants, enable fair competition and ease doing business, eliminate policies that undermine markets through government intervention even where it is not necessary, it said.
Two-day PSU bank strike over wage revision impacts services across country
However, private sector lenders like ICICI Bank and HDFC Bank were operational.
French Connection shares plummet after failure to secure buyer
The retailer saw shares slide by almost a third after it said it was set to post between £1 million and £2 million in losses for the year.
FTSE 100 stumbles as coronavirus spreads to the UK
The FTSE 100 has fallen this morning after the Bank of England left interest rates on hold, boosting the pound and hurting British stocks.
4 Things Investors Must Consider Before Buying Aurora Cannabis
Aurora stock is currently one of the worst-performing Canadian cannabis companies. Here are a few things to know before investing.
Nonprofit Receives Grant to Help Prevent Local Oil Production
Santa Barbara County faces a tripling of onshore oil production. Three oil companies are proposing to drill and operate over 700 new wells in Cat Canyon Oil Field, posing dangerous threats to clean air, clean water, public safety, and our climate. What’s more, these oil companies are not proposing conventional oil drilling, which is risky enough, but rather they are seeking permits for extreme, enhanced oil extraction processes known as cyclic steam injection and steam flooding, which are far riskier and more energy intensive than traditional drilling. The Environmental Defense Center (EDC) has just received $10,000 in grant funding from the Fund for Santa Barbara to help confront this major threat.
American optimism toward economy surges to 9-month high as job market hums
American households were more optimistic about the economy this month. The University of Michigan said its index of consumer sentiment jumped to...
IBM Chief To Exit Role After Sluggish Growth
IBM CEO Ginni Rometty is stepping down after eight years in which the tech giant struggled to keep up with its competition. Arvind Krishna will be the new CEO.
Plastic use to be banned soon in Nirmal district
District Collector suggests meaningful interactions between technology students and farmers to develop agriculture
Economic Survey: New firm creation higher in services sector than mfg, agri
The survey also said that there is a need to invest in ramping up India's statistical infrastructure. It also said that India has made impressive improvements in several social development indicators
When is the monthly Canadian GDP report and how could it affect USD/CAD?
Friday's economic docket highlights the release of monthly Canadian GDP growth figures for November, scheduled to be published at 13:30 GMT by Statist
USD/CHF drops below 0.9700 as markets remain risk-averse
The USD/CHF pair erased nearly 40 pips on Thursday and seems to be having a difficult time staging a recovery on Friday. After touching a daily high o
Coronavirus: NZ businesses exporting to China take a hit
New Zealand exporters are nervously waiting to see how big an impact the deadly coronavirus will have on their businesses. The disease is spreading across the globe and has killed at least 171 people and infected thousands. Restrictions in China on travel and public gatherings to try to contain the outbreak are putting the squeeze on New Zealand firms doing business in the country. New Zealand Rock Lobster Industry Council chief executive Mark Edwards said the live lobster export business had ceased after a huge drop in demand. He said the timing - during Chinese New Year, a peak period for demand and goods prices - was unfortunate.
When It Comes To IQIYI Stock, Investors Should Tune Out
IQIYI has staged a nice rally, but that's likely to fizzle out in the face of tough macroeconomic headwinds.
Central Bank Digital Currency (CBDC) Is Becoming a Big Topic in Asia
An official at Japan's central bank has signaled a willingness to embrace a digital yen & Cambodia is pushing ahead with it's own blockchain-powered currency
Top headlines: Eco Survey 2019-20, Wipro's Abidali Neemuchwala steps down
Economic Survey for 2019-20 was tabled in Parliament on Friday and projected the country's gross domestic product (GDP) to grow between 6 - 6.5 per cent in financial 2020-21 (FY21)
Aston Martin Sells Part of Itself and Pivots to F1
Aston Martin is no longer cash-strapped and in peril, as car enthusiast billionaire Lawrence Stroll has smashed into the office and handed over £182m in return for him and his car-loving businessmates taking a 16.7 per cent ownership stake in the company. It's Dragon's Den for real.
Sales of over 1.7k listed manufacturing firms contracted by 7.7 per cent in Q2: Survey
The Survey, tabled in Parliament on Friday by Finance Minister Nirmala Sitharaman said demand conditions for the manufacturing sector weakened in September quarter of 2019-20 with a contraction in nominal sales, citing RBI studies on corporate performance.
F&O: Over to Budget; banking stocks only hope as bears rule
India VIX moved up 3.38 per cent to 17.36 level.
Pvt sector share in National Infra Pipeline to hit 30% by 2025: Eco Survey
Two-thirds of the pipeline is already firmed up; projects of certain states likely to be added to in due course
Economic Survey outlines strategy to achieve $5 trillion economy, says PM Modi
In a social media post, PM Modi said that the Economic Survey, tabled in Parliament today, highlights the government's strategy to achieve $5 trillion economy.
Economic Survey: Sales of over 1.7k mfg firms contracted by 7.7% in Q2
Net profit for the manufacturing sector contracted in Q1 (June quarter) of 2019-20, mainly due to a production slowdown, it added
Canadian Nov. GDP will be in focus on Friday – TDS
Analysts at TD Securities (TDS) offered a brief preview on Thursday's release of Canadian monthly GDP print for November and also the near-term outloo
Lilly posts higher-than-expected profit as new drugs lift outlook
Eli Lilly has posted higher-than-expected profit on the back of increasing demand for its newly launched drugs, despite fighting continued price erosion and pressure in the US.
Delta, American, and Several Other Airlines Worldwide Suspend Flights To and From China Amid Coronavirus Fears
Delta Air Lines and American Airlines said on Friday that they will suspend all U.S.-China flights for at least several weeks due to the coronavirus outbreak. Delta on Friday said its China service suspension will begin Feb. 6 and last through April 30, but it will continue to operate the service un...
Horrific footage of a yelping dog being barbecued alive at a Chinese market is shared by activists calling for an end to the barbaric trade in dog meat
A video shared by campaign group No To Dog Meat shows a dog in searing pain as it tries to open its battered jaw to yelp while being cooked on a barbecue at a meat market in Yulin, China.
Consequential train accidents decreased to 59 in 2018-19: Economic Survey
The Indian Railways with over 68,000 route-kilometres is the third-largest network in the world under single management
Rail investment ‘fantastic news’ for Northland, says Reade
January 31, 2020
Production pattern is not in sync with the demand: The Economic Survey 2019-20
The survey said that the share of cereals declines steadily as MPCE level increases, from about 19 per cent for the bottom decile class of rural India to about 5-6 per cent for the top decile class, and from 15 per cent for the bottom decile class of urban India to under 3 per cent for the top decile class.
Privatised CPSEs reported better profit, sales after transition: Eco Survey
The survey, tabled in Parliament on Friday, examined the change in performance for each individual central public sector enterprises (CPSE)
Pakistan suspends direct flights to and from China over virus fears
According to sources, direct flights to and from China will remain suspended till February 2.
Eco Survey sees growth at 6.5% in FY21, calls for easing of deficit target
For the current fiscal, it projected a GDP growth of 5 per cent, the lowest in 11 years, and worsening job prospects
Sebi disposes of insider trading case against SpiceJet's former independent director
It had been alleged that he traded in SpiceJet while in possession of unpublished price information
Macy's is launching a new store concept that's masterminded by the woman behind buzzy concept store, Story, Business Insider - Business Insider Singapore
Business Insider - Macy's is in the process of hiring employees to work at its new store in the upscale town of Southlake, Texas.. Read more at businessinsider.sg
HUL reports 12.95% rise in consolidated net profit at Rs 1,631 cr
The company had posted a net profit of Rs 1,444 crore in the October-December period of the previous fiscal
Fewer than 1 in 5 Employees Is Highly Engaged. Here's Why This is a Problem--and How to Fix It
In today's competitive hiring market, it's easier to keep your current employees engaged that to start the hiring process from scratch.
Govt must support pro-business policies to be a $5-trn economy: Eco Survey
The survey said the exponential rise in India's GDP and GDP per capita post liberalisation coincides with wealth generation in the stock market
Clashes in diamond hub shed light on C.Africa’s ethnic tensions
Bloodletting along ethnic lines in a key diamond town has highlighted the problems facing the Central African Republic in its struggle to dampen militia violence.
Eskom CEO appoints board for planned division into three units
Eskom seeks to drive harder bargain on funding costs-CEO
Laura Ashley chief executive steps down after eight years
Retailer Laura Ashley said today its chief executive Kwan Cheong Ng is stepping down after eight years in the role. [...]
Economic Survey 2019-20: Competition, low tariffs led to financial stress in telecom sector
The data price in the country came down by over 99% during 2016-2019, making it among the lowest tariff in the world, according to the survey.
Nintendo Shares Plummet After Mixed Earnings, Plans for New Switch Axed
Nintendo was down nearly 5% after it reported earnings, and the worst is likely yet to come.
Krachi East Assembly urged to complete abandoned market project
news, story, article
Stubble burning, construction waste still a major concern: Economic Survey
About 178 million tonnes of surplus crop residues are available in the country. Burning of these residues leads to rise in pollutant levels and deterioration of air quality
Creep told his ex "I'm your worst nightmare"
Allan Logan made two telephone calls to his ex Rebecca Lindsay and uttered a threatening remark to her.
Genesis Crypto Lending Firm Hits New Record in Loan Originations in Q4 2019
Over-the-counter digital currency trading and lending firm Genesis has closed the fourth quarter of 2019 with record high loan originations since its inception.
Screen Ireland unveils slate of 40 productions coming to international market
Agency responsible for developing screen industries said sector contributed €357m to economy last year
Reports conflict over most recent bailout of Apple supplier Japan Display
Apple supplier Japan Display has denied having signed a deal worth 100.8 billion yen ($925M), after its shares were suspended over reports.
Oil Climbs as WHO Declares Emergency, but Opposes Travel Restrictions
Oil prices rose on Friday but were still set for a fourth consecutive weekly loss, as markets attempted to assess the economic damage of the coronavirus that has spread from China to around 20 countries, killing more than 200 people. Brent crude LCOc
Watch Martin Scorsese, Jonah Hill, & YBN Cordae’s Coca-Cola Energy Super Bowl Commercial
Are Super Bowl ads cinema? No, but that hasn't stopped Martin Scorsese from appearing in one. The legendary director stars alongside his fellow Hollywood elite Jonah Hill and newly minted rap star YBN Cordae in a new commercial for Coca-Cola Energy that will air during the big game this Sunday. Because corporations now share their Super Bowl spots ahead of time, it's viewable on YouTube now. As funny advertisements go, this one's pretty good. The premise: Marty's at a cartoonish party waiting for Hill to show up. Hill is at home feeling zonked. He considers flaking. He begins typing a message to Scorsese, leaving his buddy in limbo via suspense-laden iPhone ellipsis. The whole world watches to see whether Hill will stand Scorsese up — including Cordae, who pops in a couple times to egg Hill on because companies love to throw random collections of famous people together in their Super Bowl ads. (See: Coke rival Pepsi's ad from last year.) Only a few gulps of Coca-Cola energy — a new
Warren Buffett's $4.6 million crypto lunch was eBay's priciest purchase in 2019. It still hasn't happened.
Tron chief Justin Sun bought the charity meal with Berkshire Hathaway's boss but bailed at the last minute, sparking conspiracies.
Week in Review: French diaspora braces for Brexit, Tunisia struggles with sex education and China battles coronavirus
French diaspora in London braces for Brexit; Tunisia struggles to implement a sex education curriculum years in the making; daily life in China changes during the coronavirus threat; and Paris voters…
France, Italy Drag Euro-Area Economy to Worst Quarter Since 2013
(Bloomberg) -- Terms of Trade is a daily newsletter that untangles a world embroiled in trade wars. Sign up here. The euro-area economy barely grew at the end of 2019 as unexpected contractions in France and Italy dealt the bloc its weakest quarter in almost seven years.The surprise slump in two of the
Stocks drop amid uncertainty over virus impact; Amazon soars
U.S. stocks fell broadly in midday trading on Wall Street amid ongoing uncertainty about the potential economic impact of the 2019 Novel Coronavirus outbreak that originated in China.
‘Need For Wealth Creation’: Lessons From Thirukkural, Arthashastra And Ten New Ideas In Economic Survey 2020
‘Since the wealth cannot be distributed unless created, the wealth creators are India’s wealth’
US stocks fall amid virus fears despite Amazon surge
NEW YORK, Jan 31 — Wall Street stocks dropped early today amid worries over the coronavirus outbreak and despite a blowout Amazon earnings report that lifted the e-commerce giant’s value back above US$1 trillion (RM4.1 trillion). Britain confirmed its first cases of the virus, the US upgraded...
Luxury brand sales on Las Vegas Strip driven by tourists, millennials
Luxury labels are itching to grow their retail presence in Las Vegas as big spenders among tourists and millennials propel the luxury retail market.
Economic Survey advocates further ‘economic freedom’
While it does makes a case for further reform, it falls short on prescriptions and sector-specific insights
The moment Taylor Swift hugs boyfriend Joe Alwyn after a 'Reputation' concert in 'Miss Americana' will warm your whole heart, Business Insider - Business Insider Singapore
Business Insider - The new documentary about the pop star was released on Netflix on Friday and showed behind-the-scenes footage from the past few years.. Read more at businessinsider.sg
Frankfurt Auto Show No Longer in Frankfurt
Verband der Automobilindustrie (VDA), the organizing body of Germany’s International Automobile Exhibition (IAA), has announced it will no longer hold its bi-annual trade show in Frankfurt. Last week, representatives from Berlin, Cologne, Frankfurt, Hamburg, Hanover, Munich and Stuttgart met with VDA to present their concepts for IAA 2021. Frankfurt has already been taken out of the running, […]
US DENIES entry to any foreign national who has visited China over the past two weeks, while United joins Delta and American Airlines in suspending ALL flights to China due to coronavirus
The Trump administration on Friday declared the coronavirus a public health emergency, and banned foreign nationals who have been to China in the past two weeks from entering the US.
Manage buy-to-rent risks
The current buyers’ market offers a good opportunity for investors looking for properties to rent out, especially with the prospect of a potential rental-growth recovery in the latter part of 2020.
Sunlit uplands? Forecast offers bright outlook for UK’s first post-Brexit day
Following a tumultuous three-and-a-half-years, even the February 1 weather forecast is split along Leave-Remain lines.
Enbridge faces regulators in Canada, U.S. over plans to expand oil pipeline network
Enbridge faces off with regulators in Minnesota over Line 3 just as it grapples with complaints over changes to overhaul its Mainline
Dow plunges 500 points amid coronavirus fears after outbreak is declared a global health emergency and death toll reaches 213
The World Health Organization declared the epidemic a global emergency on Thursday after the fast-spreading virus killed more than 200 people in China and infected thousands.
CAT directs AP CS to file affidavit on officer’s salary payment
The Central Administrative Tribunal (CAT) on Friday instructed the Andhra Pradesh Chief Secretary to file an affidavit on the delay in execution of its direction to release salary of IRS officer Jasti
Critical infrastructure: Enugu govt approves over N2.5 billion
In continuation with its renewed efforts to provide more critical infrastructure in the state, the administration of Governor Ifeanyi
Airbus to pay US$4b to settle corruption probe, says French prosecutor
PARIS, Jan 31 — European planemaker Airbus will pay €3.592 billion (RM16.3 billion or US$3.98 billion) to settle corruption probes by US, British and French authorities into contract dealings, France’s financial prosecutor said today. The simultaneous settlements in Britain, France and the...
Tongaat shares back to JSE trading on Monday
It suspended trading on June 10 after revelations of accounting irregularities that saw its share plummet some 75% last year.
Report: Family farm bankruptcies jumped 20% in 2019
2019 was a tough year for American farmers. U.S. farm bankruptcies jumped 20 percent last year.
Crisis-hit Thyssenkrupp mulls sale of elevators units worth 15 billion euro
According to the Financial Times, Thyssenkrupp has attracted at least four bids for its crown jewel, including from Finnish lift maker Kone
Oyo rubbishes reports of large-scale partner loss, and exiting businesses
Currently, Oyo largely operates under three models - franchisee, leased and owned assets. The rooms under the franchisee model accounts for the largest number of its inventory of nearly 3 lakh rooms in India
Pinterest Stock Should Spark Investors’ Interest With This New Feature
Pinterest just introduced “Try On,” the companies spin on augmented reality. What does this mean for Pinterest stock?
Aston Martin delays electric car plans after raising emergency funds
The British automaker’s awful 2019 put it in a tough spot
Thrifty homeowner transforms the empty cupboard in her hallway into an 'inspirational' glam station - using purchases from eBay and Ikea
Hannah Maria Clark, from Dundee, took to Facebook group DIY On A Budget Official and told how she transformed the empty cupboard in her hallway into a glam station
British Steel rescue under threat as French government opposes Jingye deal
The Chinese takeover of embattled British Steel is hanging in the balance after the French government said it would oppose the deal.
Market watch: KSE-100 falls 273 points owing to global sell-off
Benchmark index decreases 0.65% to settle at 41,630.93
Arcadia makes supporting clean energy easier
Get a $20 Amazon gift card or 4 standard LED bulbs just by signing up.
Crisis-hit Thyssenkrupp mulls sale of '15bn euro elevator unit'
Deciding the future of the elevator unit was the group's "top priority", said Merz, aiming to raise billions of euros in fresh capital that could be used across the conglomerate's struggling divisions.
East Midlands Airport workers' coronavirus fears over 'protective gear shortage'
Employees at East Midlands, Liverpool and Stansted airports said there was not sufficient protective equipment, while those at Manchester told union they were given face masks but not gloves or hand sanitiser
Rihanna is the world's richest female musician — from yachting trips on the French Riviera to a staff that includes a chef and personal trainers, see how she spends her $600 million fortune, Business Insider - Business Insider Singapore
Business Insider - While Rihanna is known to spend lavishly on beauty, fashion, and accessories, her favorite way to spend her fortune is on others.. Read more at businessinsider.sg
A bookstore in Canada is filled with adorable foster kittens that customers can adopt
Ellen Helmke opened the secondhand bookstore in 2011. The shop offers a space for customers to drink coffee, unwind, and pick up a new book or two.
Aston Martin Lands Sugar Daddy in the Form of a Canadian Billionaire
A consortium led by Canadian billionaire Lawrence Stroll has agreed to buy a 16.7 percent stake in Aston Martin, pledging to increase that figure to 20 percent.
Startup India sees growth; Maha, Karnataka lead the race
The startup ecosystem in the country has seen an uptick in growth in the past few years, with a push from the Startup India initiative launched in August 2015. The Economic Survey said that startups
Billionaire Lawrence Stroll takes stake in ailing carmaker Aston Martin
Canadian billionaire Lawrence Stroll will take a roughly 20per cent stake in Aston Martin for nearly 200 million pounds (US$263 million) as the ...
The Co-operative Bank accredited as a living wage employer
The Co-operative Bank has become an accredited Living Wage employer.
Economic Survey: India skids on ranking for protecting minority shareholders
The economic survey also patted the back of the government, stating that implementation of Goods and Services Tax (GST) has helped India in improving the ease of doing business.
Mega Millions, Powerball tickets bring in $500K of sales on first day in Mississippi
The Mega Millions and Powerball debuts in Mississippi were a hit.
Airbus paying £3bn to end global corruption probes
Courts in France, the US and the UK considering their own parts of the deal.
Airbus paying £3bn to end global corruption probes
Courts in France, the US and the UK considering their own parts of the deal.
Massively popular K-pop artist Seungri has been indicted on charges of prostitution and gambling, Business Insider - Business Insider Singapore
Business Insider - The investigation against Seungri, which began in March, led him to resign from the entertainment industry.. Read more at businessinsider.sg
Sunlit uplands? Forecast offers bright outlook for UK’s first post-Brexit day
Following a tumultuous three-and-a-half-years, even the February 1 weather forecast is split along Leave-Remain lines.
Iran suspends all flights to and from China due to coronavirus
DUBAI (Reuters) - Iran has suspended all flights to China because of the coronavirus outbreak, Iran’s semi-official Tasnim news agency reported on Friday, adding that all flights from China to the Islamic Republic have also been banned.
Nottingham couple could be stuck in China for weeks as flights suspended over coronavirus
They are trying to 'follow the rules' by staying at home, wearing masks and washing their hands.
This pilot influencer is giving her more than 500,000 Instagram followers an inside look at the world of aviation, Business Insider - Business Insider Singapore
Business Insider - The pilot influencer offers a candid look at the perks and difficulties of life as a short haul pilot in Europe.. Read more at businessinsider.sg
US: Income growth is not what it used to be – Wells Fargo
Data released on Friday in the US showed that personal income rose 0.2% and spending 0.3% in December. Despite a tight labor market, year-over-year re
Budget 2020: Challenge for Indian Finance Minister is to Balance Growth, Fiscal Deficit
New Delhi (Sputnik): Amid the slowdown in the Indian economy, the government lowered its national income growth forecast from 7 percent to 5 percent for the current fiscal year. The Economic Survey tabled in Parliament on Friday pegged growth for 2020-21 at between 6 and 6.5 percent.
A Few Short-Term Challenges Don't Cancel Ingersoll-Rand's Strong HVAC Results
Ingersoll-Rand's fourth quarter results were not strong as reported, with a $0.06/share miss at the operating line, but underlying HVAC performance was very good.Thermo King is going through its cycli
Good start, companies — now keep raising wages!
About a decade ago, when I started writing about how companies should strive to create value for stakeholders, not just shareholders, some of my business and finance friends thought I was nuts.
Miners Accumulating Ethereum at a Rapid Rate May Take ETH to Record High
The Ethereum (ETH) price could explode to record highs on the backs of an optimistic accumulation behavior. Data provided by cryptocurrency market
Caterpillar’s 2020 outlook adds more gloom to virus-shaken markets
The outlook signals headwinds for machine sales, which fell the most in nearly three years in December.
Airbus agrees to pay 3.6 billion euros to settle corruption probes
Airbus is set to pay a massive 3.6 billion euros ($4 billion) in fines to Britain, France and the US to settle corruption inquiries sparked..
The revitalisation of Limerick's O'Connell street takes a step forward
Plans to revitalise Limerick's main thoroughfare took a step forward this week.
Economic Survey Bats For Market Economy, Shows How Government’s Intervention Can Do More Harm Than Good
The Indian state is not only involved in running businesses but also intervenes in markets quite frequently.
Denmark’s Smart Payment Card Issuer Pleo Introduces New Credit Card by Partnering with Mastercard, JPMorgan
Denmark-headquartered Pleo, a smart payment card issuer, has confirmed that it’s introducing a new credit card by teaming up with Mastercard and J.P. Morgan,
Good start, companies — now keep raising wages!
About a decade ago, when I started writing about how companies should strive to create value for stakeholders, not just shareholders, some of my business and finance friends thought I was nuts.
Economic Survey: Building blocks for 'wealth creation' and $5-trn economy
Here is a snapshot of some of the 'new ideas' for the economy that the Survey focuses on
Nordea Appoints Virgin Money’s Ian Smith As New CFO & Head of Group Finance
Finland-based banking group Nordea Bank announced on Thursday it has appointed Virgin Money's CFO Ian Smith as its new CFO and Head of Group Finance. According to Nordea, Smith has an extensive background in the financial services sector in the UK and has held senior positions as a banking audit partner and later as Financial Services M&A leader at Deloitte. He also previously served as Director of Group Finance at Lloyds Banking Group plc and
Helicopter company in Kobe Bryant crash not certified to fly in poor visibility - reports
The charter company whose helicopter crashed and killed basketball star Kobe Bryant, his daughter and seven others on Sunday was not certified to ...
China auto sector braces, hopes coronavirus impact is short-lived
SHANGHAI/BEIJING (Reuters) - The new coronavirus epidemic is likely to wreak havoc on China auto sales and production in the first quarter, but it is too early to push panic buttons as ground could be made up later in the year, industry executives said. Dongfeng Motor Group and its partners Honda Motor, Renault and PSA all have factories there. "We expect (China) vehicle production to decline 3% for the full year, with production down 15% in the first quarter, including the extended new year s
Exxon quarterly profit falls 5.2% on weak refining, chemical margins
HOUSTON (Reuters) - Exxon Mobil Corp (XOM.N) on Friday reported a 5.2% drop in fourth-quarter profit on weaknesses in chemicals and refining and flat oil and gas output, with asset sales helping to stem the decline.
Osinbajo, LCCI discuss economy, Apapa gridlock, others
The Vice-President, Prof. Yemi Osinbajo, on Friday received a delegation of the Lagos Chamber of Commerce and Industry (LCCI), led by its President, Mrs Toki Mabogunje at the Presidential Villa in Abuja.
Airbus to pay around €1b in UK slice of global bribery settlement
LONDON, Jan 31 — Airbus, the world’s largest aircraft maker, will pay just under €1 billion (RM4.3 billion)in a British settlement to draw a line under a three-and-a-half year criminal investigation into allegations of fraud, bribery and corruption. The deal under a three-year Deferred...
Global tax rules set for overhaul as states seek to avoid new trade war
PARIS (Reuters) - Outdated cross-border tax rules are set to be rewritten after 137 states sought this week to avoid a new trade war over the global multiplication of taxes on digital services.
France agrees to end Airbus corruption probe in £3bn deal
Courts in the US and the UK are considering their own parts of the deal.
Americans spent at slowest pace in 3 years in 2019, threatening powerhouse of US economy
American shoppers continued to serve as the engine of the US economy through volatile times last year, fuelling growth even as a global cooldown and trade tensions clouded the outlook. But there are signs that households are starting to pull back on spending.
Huzurnagar VVPATs slips destroyed
Following protocol of the Election Commission
A bookstore in Canada is filled with adorable foster kittens that customers can adopt, Business Insider - Business Insider Singapore
Business Insider - Customers can read, drink coffee, and play with adorable cats at the Otis & Clementine's Books & Coffee shop in Canada.. Read more at businessinsider.sg
City Stars face Bidco in top-of-the-table clash
Stima are third with 39 points.
Coca-Cola Is the Most Conservative Investment You Can Make
Coca-Cola stock was a star in the January market, but don't be fooled. This is a slow-growing dividend aristocrat.
Good start, companies — now keep raising wages!, Business Insider - Business Insider Singapore
Business Insider - We've been heading toward a "Better Capitalism," but if we're going to fix the American economy, companies need to keep raising wages.. Read more at businessinsider.sg
A bullish signal for Canada’s banks, the SNC-Lavalin rally isn’t over, and why gold is setting up for a fall
A roundup of investment ideas for active investors
Zendaya wore a dress with daring cutouts, giant pockets, and a split sleeve on the red carpet, Business Insider - Business Insider Singapore
Business Insider - Zendaya's latest outfit is further proof that she's one of the best-dressed stars on the red carpet.. Read more at businessinsider.sg
1g salt and 0.2g turmeric: Economic Survey 2020's Thalinomics for adult male engaged in heavy work
The Thalinomics is a novel addition to the Economic Survey 2020, which has calculated the affordability of a one-plate meal in relation to "an adult male engaged in heavy work". "We have taken the
I would buy NAB and these blue chip ASX dividend shares
National Australia Bank Ltd (ASX:NAB) and these blue chip ASX dividend shares could be great options for income investors...
‘General Hospital’ Spoilers For Friday: Carly Questions Gladys, Nina Confesses, & Jax Spills The Beans
Viewers will not want to miss the next episode of General Hospital. Spoilers from a new sneak peek shared via Twitter reveal some juicy tidbits about what is on the way and many Port Charles ...
7 Large-Cap Stocks to Buy For Insulation From Volatility
Recent market volatility on the back of coronavirus fears makes this a good time stock up on quality stocks with long-term stability.
Airbus Agrees to Pay $10Mln Fine for Violating US Arms Export Control Act - Statement
WASHINGTON (Sputnik) - Aircraft manufacturer Airbus has agreed to pay a $10 million fine for allegedly violating the US Arms Export Control Act by providing false information about its compliance with existing rules on arms sales overseas, the US Department of State said in a statement on Friday.
Investors Should Forget Aurora Cannabis and Buy GWPH Stock Instead
Demand for legal cannabis is not as strong as bulls predicted. As a result, investors should avoid big names like Aurora stock.
This Small Company Makes Luxe Eco-Conscious Candles And I Want Five Of Them, TBH
They're lit.
Delhi polls: BJP promises wheat flour at Rs 2 per kg, clean drinking water to every households
The BJP on Friday released 'Delhi Sankalp Patra', its manifesto for Delhi Assembly polls, promising good quality wheat flour at Rs 2 per kg for the poor and supply of clean drinking water to every
Enphase: Promising Growth Vision
Enphase is widening its addressable market by integrating technologies like storage and energy monitoring.Enphase's IQ 8 microinverter will be a building block for the company's larger energy product
7 Underappreciated Foreign Dividend Stocks to Buy Now
This is a great time to add the benefits of diversification to your portfolio with some attractive foreign dividend stocks.
Economic Survey 2019-20: Food inflation higher in urban areas
Economic Survey moots tighter monetary policy in case of food, fuel price shock
Piper Sandler Companies (PIPR) CEO Chad Abraham on Q4 2019 Results - Earnings Call Transcript
Piper Sandler Companies (NYSE:PIPR) Q4 2019 Earnings Conference Call January 31, 2020 09:00 AM ET Company Participants Chad Abraham - Chairman & Chief Executive Officer Deb Schoneman - President T
EU bank regulators lay out tougher doomsday stress test
EBA factors in period of ‘low for longer’ rates and 4%-plus economic contraction
City payouts in NYPD misconduct cases up by nearly $30M
In 2019, the city paid out $68,688,423 to people who claim they were aggrieved by cop misconduct including in cases of excessive use of force, assault, malicious prosecution, false arrest or false
With Bellbrook-Sugarcreek deficit looming, state proposes drastic cuts
BELLBROOK — With a deficit looming for Bellbrook-Sugarcreek Schools, representatives from the Ohio Auditor’s Office shared a dozen recommendations to cut district spending.
PBF Energy: A Mexican Billionaire Can't Get Enough Of This New Jersey Refiner
Billionaire Carlos Slim's fund has indiscriminately bought up over 8 million shares in PBF since May to increase its stake to 17.6%.Slim's involvement in PBF is not immediately clear, though it may be
Economic Survey 2020: India has low rates of formal entrepreneurship
Large number of enterprises operate in informal economy not captured by data
Eurozone economic growth in 2019 was slowest in 6 years
Jan. 31 (UPI) -- Economic growth last year for the eurozone was the lowest it's been in six years, mainly hampered by slowdowns in France and Italy, the European Commission said Friday.
BBC radio chief James Purnell says corporation must invest in specialist music stations a decade after bosses tried and failed to axe 6 Music
James Purnell, director of radio and education, said the BBC had to adapt to changing listener habits. He said podcasts, music streaming and archive content are all increasingly important.
Consequential train accidents decreased in 2018-19: Economic Survey
Stating that steps are being taken on a regular basis to prevent rail accidents, the Economic Survey on Friday said consequential train accidents registered a decline in 2018-19.
Fiscal deficit hits 132% of full-year target
The deficit was 112.4% of 2018-19 Budget Estimate (BE) in the corresponding period.
Hindustan Unilever clocks 4% sales growth
Firm hit by weak consumer sentiment
Employment scheme supervisors to strike over pensions
Supervisors in community employment schemes around the country are to hold a 24-hour strike on 14 February in a long-running dispute over their pension rights.
Indian Government Bans Exporting All Types of Respiratory Masks
New Delhi (Sputnik): The novel Coronavirus is spreading fast in China and causing health scares in many other countries with the World Health Organisation declaring it a global emergency. The death toll has swelled to 230, with 9,692 infected cases in China alone. As a precaution, health experts suggest wearing face masks in public places.
Economic Survey 2020: 60% women in world's fastest growing economy do housework
Women's participation in labour force reduced to 25.3 per cent in 2017-18 from 33.1 per cent in 2011-12, Economic Survey found
Netflix signs deal for four more Adam Sandler movies
Streaming giant Netflix has extended its deal with Adam Sandler and his Happy Madison Productions company.
Corporate clients could provide a lower-cost path to electric vehicles
A U.K. startup landed a $400 million order for 10,000 electric UPS trucks.
Bury in liquidation danger as owner Dale fails to pay any money to creditors
Bury’s owner, Steve Dale, has failed to provide any of the money he pledged last summer towards paying the club’s debts via a company voluntary arrangement, creditors have been told
NSE: All-Share Index closes trading for January at 28,843.53
The All-Share Index of the Nigerian Stock Exchange (NSE) on Friday closed trading for the month of January below 29,000 mark following the dominance of the bears.
U.S. lifts sanctions on unit of China's biggest shipping company
In September, restrictions were placed on the Dalian units of China COSCO Shipping Corp., sending freight rates soaring as traders cancelled charters linked to the parent company.
SBI posts highest ever net on Essar Steel recovery
Asset quality improves, slippages stay elevated; no big ticket loan going forward, says CMD
A Singapore couple just paid US$2 million for a crazy romantic staycation, featuring 10,000 roses, diamond chopsticks, and a 18-course meal on a private jet, Business Insider - Business Insider Singapore
Business Insider - Crazy Rich Asians IRL.. Read more at businessinsider.sg
Suspension of UK’s China flights ‘hits up to 35,000 passengers’
British Airways and Virgin Atlantic grounded flights to mainland China.
Delta just suspended China flights for longer than any other airline, a red flag as the unprecedented coronavirus wreaks havoc on the airline industry
Demand has plummeted because of the coronavirus outbreak, putting airline profits and China's economy at risk.
Bank of India posts profit, scrip up 3%
The State-owned lender had posted a net loss of ₹4,643.71 crore in the year-earlier period.
Delta, American, and United Cancel All Flights To and From China for Months as Coronavirus Death Toll Hits 213 [Updated]
Delta, American, and United airlines will cancel all flights to and from mainland China as the confirmed death toll from the new coronavirus hits 213 and the number of confirmed cases reaches almost 10,000 worldwide, with over 100,000 more patients under medical observation.
Delta and American Airlines suspend all flights to mainland China over coronavirus
Delta and American Airlines are halting all flights to mainland China over concerns of the deadly coronavirus.
Union Budget 2020: Economic Survey Introduces 'Thalinomics'; Here Is What It Entails
Dubbed as an attempt to quantify what a common person pays for a Thali, a new concept called ‘Thalinomics’ has been introduced in Economic Survey 2019-20.
Varcoe: Beyond politics, Teck’s oilsands project hinges on partners, pipelines — and prices
A political brawl has erupted over a pending federal decision on the massive Frontier oilsands mine, but it’s only one of several barriers facing the mega-project.As Alberta presses the Trude…
Neemuchwala quits Wipro, analysts say it’s good for tech giant
‘His tenure was fraught with struggles’
Suspension of UK’s China flights ‘hits up to 35,000 passengers’
British Airways and Virgin Atlantic grounded flights to mainland China.
Processes of exports, imports at KIA have improved vastly: Economic Survey
‘This is after implementation of authorised economic operators policy in 2016’
Climate change activists block Shell headquarters, 30 detained
THE HAGUE (Reuters) - Environmental activists chanting “keep it in the ground” blocked the entrance to Shell’s headquarters in The Hague on Friday, protesting at the energy company’s role in climate change, until police dragged them away, detaining 30.
Financial Institutions, Inc. (FISI) CEO Marty Birmingham on Q4 2019 Results - Earnings Call Transcript
Financial Institutions, Inc. (NASDAQ:FISI) Q4 2019 Results Conference Call January 31, 2020 08:30 AM ET Company Participants Shelly Doran - Director, Investor and External Relations, EVP and General C
Bigg Boss 13: Vishal Aditya Singh's Fans Furious After Actor's Voting Lines Close 3 Hours Before Rest
Bigg Boss 13: Vishal Aditya Singh Fans Are Furious, Asks Why Voting Lines Are Closed For The Actor.
Qantas Suspends All Flights To & From China As 10th Australian Coronavirus Case Confirmed
Major Australian airline Qantas has announced plans to suspend flights to and from China as the ongoing coronavirus outbreak causes logistical issues.
Beavercreek drivers to pay tax increase for street work
Next year, Beavercreek drivers will pay a $5 increase when registering or renewing their motor vehicle licenses.
Myanmar turns back China Southern flight over coronavirus fears
Authorities in Myanmar turned back a China Southern flight from Guangzhou with almost everyone on board on Friday after one of the passengers was found with flu symptoms similar to the fast-spreading coronavirus, a government spokesman said.
3 ASX mining shares with dividend yields over 10%
If you're looking for huge income shares today then Whitehaven Coal Ltd (ASX: WHC) and these two mining companies definitely fit the bill.
Poland signs $4.6 billion deal for F-35 fighter jets
Poland signed a $4.6 billion deal with the United States on Friday for the purchase of 32 of its advanced F-35 fighter jets to enhance air defense on...
Amazon stock soars following strong Q4 earnings report
Amazon shares are soaring after the e-commerce giant announced fourth quarter earnings that smashed expectations.
Bank of Ghana keeps policy rate unchanged at 16 percent
news, story, article
DOMO Chemicals completes acquisition of Solvay’s European polyamides business
DOMO Chemicals (Ghent, Belgium; www.domochemicals.com) has completed its acquisition of Solvay’s Performance Polyamides Business in Europe. This Business i
Fed's Clarida: Yield curve inversion reflects global uncertainty rather than US outlook
Commenting on the recent inversion of the yield curve, Federal Reserve Vice Chairman Richard Clarida said that he was not worried about it and argued
Neemuchwala resigns after 4 years as Wipro CEO citing 'family commitments'
The board of directors has begun the process of looking for the next CEO, the company told the stock exchanges
Banking services hit as employees strike work in Prakasam
20% hike in pay, five-day working week top their demand list
Chevron reports worst quarterly loss in a decade
Jan. 31 (UPI) -- Chevron on Friday reported its worst quarterly loss in a decade -- $6.6 billion for the last three months of 2019, due mainly to a write-off of its Appalachian shale production sites.
HUL volume growth surprises, profit before tax up 14% in December quarter
The company's volume growth is also ahead of the overall FMCG sector's
A full price breakdown for ESPN's streaming service, ESPN+ — here's everything you need to know, Business Insider - Business Insider Singapore
Business Insider - Here's a full breakdown of how much the ESPN+ streaming service costs along with pricing packages and promotions.. Read more at businessinsider.sg
Privatised CPSEs reported better profit, sales after transition: Economic Survey
Most privatised CPSE witnessed improvement in net worth, profit, gross revenue and sales growth after the transition, the Economic Survey has said.
Southwest flew millions of passengers on planes that were missing maintenance records, according to a new report
More than 17 million passengers flew on planes that were missing required documentation over roughly two years, the report claims.
Volkswagen opens up on pricing and specification details for T-Roc Cabriolet
Convertible crossover can be had from £26,750 with order books now open
Delta flight attendants fight back against Boeing and a system they claim fed them 'toxic' air
The system in question takes air from an aircraft's engines and brings it into the cabin for pressurization and air conditioning.
Netflix, Adam Sandler Agree to New 4-Picture Deal
Uncut Gems star Adam Sandler is expanding his existing deal with Netflix by another four films.
Rs 7,000 crore worth of transactions hit due to bank strike in Tamil Nadu
All India Bank Employees Association (AIBEA) general secretary CH Venkatachalam told Express that nine lakh cheques worth Rs 7,000 crore in the state could not be processed due to the bank strike.
American optimism toward economy surges to 9-month high as job market hums
American households were more optimistic about the economy this month as a historically strong labour market helped offset a wave of potential concerns, including the impeachment trial of President Donald Trump and developments abroad.
Auto industry slowdown temporary: Economic Survey
The survey said that the “temporary auto slowdown may be attributable to certain other reasons such as lack of credit, base effect (as in last few years auto sector has grown rapidly), and structural changes like adoption of newer fuel standards from BS-IV to BS-VI from April 20 etc.”
Outflows lead to restrictions on Aviva property funds
Investors in two Aviva Life and Pensions commercial property funds have been told they cannot withdraw their money for six months because of recent net outflows.
Irish Water say Boil Water Notice lifted for the majority of customers in Tallanstown
Irish Water
France Agrees to End Airbus Corruption Probe in $4B Deal
A French court has approved an agreement with Airbus that would see the planemaker pay up to $4 billion to end years of corruption investigations by three countries.
New $2.35M U of S research chair targets beef industry sustainability
Dr. Cheryl Waldner will work with the beef industry to address producer priorities, like improving herd health and managing antibiotic use.
China locked down 50 million people and has to keep them fed | Honolulu Star-Advertiser
BEIJING >> Carrying permits demanding “fast passage,” truck drivers rushed a 560-ton shipment of disinfectant from eastern China to Wuhan, the locked-down city of 11 million people at the center of a vast effort to contain a new viral disease.
ITC Q3 pre-tax profit rises 4.5% to Rs 5049 cr on hotels, agro businesses
The company said that the macro-economic environment continues to be adversely impacted as reflected in GDP growth, and persistent weakness in consumption demand and investments
Airbus £830m settlement over UK bribery prosecution approved by High Court
The figure is the largest ever for a Deferred Prosecution Agreement and amounts to more than all previous similar settlements combined.
Airbus £830m settlement over UK bribery prosecution approved by High Court
The figure is the largest ever for a Deferred Prosecution Agreement and amounts to more than all previous similar settlements combined.
Revival in sight: Economic Survey pegs FY21 GDP growth at 6-6.5%
Fiscal targets may have to be relaxed for the current year
Delta just suspended China flights for longer than any other airline, a red flag as the unprecedented coronavirus wreaks havoc on the airline industry
Delta Air Lines said on Friday that it was suspending all its flights to China, becoming the first US airline to suspend all its routes to the country.
Survey trusts free markets to create wealth
CEA Krishnamurthy Subramanian suggests many micro solutions for macro problems
Blibli.com Debuts Cashierless Store; Nordstrom Pilots Resale Concept
News: eCommerce merchants are tapping into the world of brick-and-mortar retail by opening cashless and cashierless stores.
See You Tomorrow, Nordstrom's Groundbreaking Resale Initiative, Is Going to Change Your Life
See You Tomorrow is a massive investment in a more sustainable shopping experience from Nordstrom.
Valve's auto battler spin-off Dota Underlords leaving early access next month
Exit strategy.
Coronavirus: US stocks lose one per cent and Brits land back in UK
Wall Street has now fallen over one per cent as fears over the coronavirus outbreak continue to damage markets around the world.
Nissan calls for clarity over post-Brexit trade deal
Businesses are likely to face significant changes in the way they trade, says chambers of commerce.
Not the best timing! Budget hotel chain at the centre of the coronavirus outbreak tweets out '#happyfriday!' promotion... hours after two guests were confirmed as UK's first cases
The budget hotel chain at the centre of the coronavirus outbreak sent out an ill-timed tweet promotion...just hours after it confirmed two of its guests were the UK's first cases of the disease.
Managing investment, trade deficit: Are omnibus laws panacea for growth?
Two omnibus laws on job creation and taxation seem to be Jokowi’s new silver bullets to simplify Indonesia’s jungle of red tape. But are these laws the panaceas we have been looking for?
FP Dealmakers: Foreign firms gobbled up record number of Canadian companies in 2019
A number of Canadian companies were bought out by rivals or private equity firms last year
Huawei's rumored Mate X2 might feature an inward-folding display, six cameras
A patent application filed by Huawei with the EUIPO has revealed that the Mate X successor could feature an inward-folding design with six cameras and a stylus.
Volkswagen opens up on pricing and specification details for T-Roc Cabriolet
Convertible crossover can be had from £26,750 with order books now open
Introducing One Ring — an open-source pipeline for all your Spark applications
If you utilize Apache Spark, you probably have a few applications that consume some data from external sources and produce some intermediate result, that is...
Economic Survey 2019-20: India can chart China-like export trajectory
It calls for integrating ‘Assemble in India for the world’ into Make-in-India
Panic in markets: If Coronavirus is not tamed, trade with China may slump
The real impact of trade can be gauged after February 8 when the Chinese New Year holidays end
Christina Ricci Turns on the Magic, Levi’s Shuts Down Stores Due to Coronavirus
It's Friday. You've earned two minutes of fun and frivolity. Behold: Roger Vivier's campy, glamorous new campaign starring Christina Ricci!
Uptick in retail prices in FY20 mainly on veggies, pulses: Economic Survey
Consumer price inflation has been witnessing moderation since 2014, however, there has been an "uptick" in the prices of food items, particularly vegetables, owing to output disruptions and low base
Nissan calls for clarity over post-Brexit trade deal
Businesses are likely to face significant changes in the way they trade, says chambers of commerce.
The man who sat beside Billie Eilish at the Grammys originally had no idea who she was, but now says he's 'such a fan', Business Insider - Business Insider Singapore
Business Insider - Terry George from Leeds said he originally thought her name was "Billie Irish," and that she was a standup comedian from Ireland.. Read more at businessinsider.sg
How Political Changes Could Impact Walmart Stock
With a high forward P/E, Walmart stock is priced for perfection. Watch out for political changes this year, which may impact shares.
3 main US airlines suspend flights between US and China over coronavirus
Delta Air Lines, American Airlines, and United Airlines
Delta flight attendants fight back against Boeing and a system they claim fed them 'toxic' air
Delta flight attendants are suing Boeing following an incident where they claim “toxic” air flowed into the cabin during a routine flight, the Chicago Tribune reported.
Can the Fed heavily pressure the USD? – Rabobank
"While the DXY dollar index turned lower following the dovish leaning of the FOMC on January 29, it remains above its January 21 level," note Rabobank
Matthews International Corporation (MATW) CEO Joseph Bartolacci on Q1 2020 Results - Earnings Call Transcript
Start Time: 09:00 End Time: 09:23 Matthews International Corporation (NASDAQ:MATW) Q1 2020 Earnings Conference Call January 31, 2020, 09:00 AM ET Company Participants Joseph Bartolacci - President and
Buyer Payments And Seller Payouts In A Changing Sharing Economy
Here's a look at the evolution of buyer payments and seller payouts in the changing sharing economy.
Your business week: Halo Business Angel Network, SFA Business Connect 2020
Expert insight on hand from conference in Co Wicklow organised by Enterprise Ireland
Economic Survey backs Temasek-like model proposed for divestment
Survey recommends transferring stake of listed govt firms to a corporate entity
Wealthy are to be offered huge tax breaks by Uruguay’s new president to lure them to the country’s coastal resorts and help boost the economy as other South American countries crumble
Luis Lacalle Pou says he wants to offer residency to up to 200,000 by slashing the minimum amount of property foreigners need to buy to qualify.
Economic Survey: Take a cue from China to create 40 million jobs by 2025
Economic Survey: Take a cue from China to create 40 million jobs by 2025 Survey suggests integration of Assembling in India into Make in India
EUR/USD approaches a 1.1100 as the US dollar drops further versus majors
The EUR/USD pair rose further and printed a fresh weekly high at 1.1090. So far today it gained more than fifty pips, having the best daily performanc
Stroll acquires stake in Aston Martin
A consortium that includes Quebec billionaires Lawrence Stroll and Andre Desmarais is taking a significant stake in British car manufacturer Aston Martin — a move expected to have repercussions in the Formula One world.
Thalinomics in times of rising prices: Veg, non-veg thalis more affordable, says Eco Survey
Calling it 'Thalinomics', Krishnamurthy V Subramanian compared price of standard veg and non-veg meal plates across the country to say that affordability as a factor of daily wage has improved overtime, indicating improved welfare of the common person.
Greece still records highest youth unemployment in Europe
Greek City Times Article
Atlanta Fed's GDPNow stands at 2.7% for first quarter of 2020
The real gross domestic product (GDP) in the United States is expected to expand by 2.7% in the first quarter of 2020, the Federal Reserve Bank of Atl
NY Fed's GDP Nowcast fell to 1.5% for first quarter of 2020 from 1.7%
"Yesterday’s advance estimate from the Commerce Department of real GDP growth for 2019:Q4 was 2.1%. The latest New York Fed Staff Nowcast was 1.2%," n
Boris Johnson seems to lets slip HS2 WILL get the green light admitting that the government is 'in a hole' over the £100billion high-speed rail project but will 'keep digging'
Boris Johnson seemed to confirm the go-ahead for the controversial £100billion project in an interview with a 10-year-old on Sky News.
This Will Be The Quickest Volkswagen Golf R Ever
Volkswagen fans are eagerly awaiting the reveal of the eighth-generation Golf R, which should be arriving l...
Airbus £830m settlement over UK bribery prosecution approved by High Court
The figure is the largest ever for a Deferred Prosecution Agreement and amounts to more than all previous similar settlements combined.
Saudi int’l reserves record three-year high in 2019
Riyadh – Mubasher: Saudi Arabia’s foreign reserves grew by 0.59% year-on-year in 2019, recording its highest level in three years. Saudi international reserves rose to $499.54 billion in 2019, compared to $496.59 billion in the year-ago period. It …
30 years later, Economic Survey lays down the ground for Liberalisation 2.0
Embracing capitalism in a new avatar
Extreme Volatility Inbound: Why Today Is Critical For the Crypto Market
The crypto market has risen over 40% since the start of 2020, thanks to gains from Bitcoin, Ethereum, XRP, and other altcoins.
Economic slowdown bottomed out, uptick from here onwards: CEA K V Subramanian after Economic Survey
Chief Economic Adviser K V Subramanian on Friday said India's GDP is expected to grow at 6-6.5 per cent next fiscal as the economic slowdown has bottomed out.
Business as usual at PBA Holdings despite criminal case on shareholder
GEORGE TOWN: PBA Holdings Bhd (PHB), which owns Penang water supply company Perbadanan Bekalan Air Pulau Pinang (PBAPP) Sdn Bhd, today said the on-going criminal case involving a PHB shareholder has no effect on the standing and operations of the company.
Luxembourg’s Regulator Warns on False Regulation of Crypto Bull
The Commission de Surveillance du Secteur Financier (CSSF) warned that a firm claiming to be authorized under the name Crypto Bull is in fact not licensed to carry out business from within its jurisdiction.
'Large boulder the size of a small boulder' Tweet by sheriff's office goes viral
A Colorado sheriff's office Tweet is going viral due to their unusual description of a boulder's size.
LVMH banked $59 billion in revenue last year — here are 17 of the most iconic brands the French luxury giant owns
LVMH remains the world’s largest luxury goods conglomerate, with revenue reaching $59 billion last year, as reported by Chantal Fernandez at Business of Fashion. Fashion and leather good sales reached $24.5 billion, which is up 17% year-over-year. Across all sectors, the company’s total revenue was up 10% year-over-year.
Privatisation pitch: BPCL’s short-term price rally not a convincing argument
What really matters for long-term wealth creation is true reforms and free market
Bank of Ghana’s corporate guidelines pushes some board chairs and CEOs out of office
The Bank of Ghana has revealed that several board chairs and Chief Executive Officers (CEOs) of banks in Ghana have left their positions.
7 European ETFs to Buy as the Continent Begins Its Rebound
European equity markets have long lagged the U.S. But these European ETFs are worth a second look with nice valuations and yields.
Digital companies, liable to tax under new Finance Act — Osinbajo
Vice President, Yemi Osinbajo says multinational digital companies operating abroad with significant economic presence in Nigeria will be sub
The real estate industry hopes for favorable financial decisions in budget 2020
Ashish Sarin, CEO, AlphaCorp Considering the role of the sector in economy, there is intense speculation and simultaneous optimism that the government would announce some growth measures for the segment.
5 Stocks Under $5 With Colossal Growth Prospects
While some argue you get what you pay for, others say that stocks to buy trading at low levels can represent compelling opportunities.
Multibillion-dollar tax breaks for movie production are getting bad reviews, and some states are walking out
More and more states and cities are souring on the breaks they gave Hollywood production companies in hopes of becoming movie meccas.
Airbus agrees to pay record €991m UK fine in €3.6bn global bribery settlement
A London court today approved a record €991m (£833m) fine for Airbus in exchange for suspending the prosecution of alleged [...]
OPEC's oil output in January declined 640K bpd to 28.35 million bpd
The crude oil output of the Organization of the Petroleum Exporting Countries (OPEC) fell 640,000 barrels per day (bpd) in January to 28.35 million bp
Brexit: Industry leaders give trade deal hopes and fears
LEADERS in Jersey’s fishing, farming and hospitality industries have outlined their hopes and fears as the UK prepares to leave the EU and negotiate a new trade deal by the end of this year.
Coronavirus: SEAMATA urges traders to avoid business trips to China
southeast Amalgamated Market Traders Association, SEAMATA, has urged traders to shelve all business trips to China
Myanmar generates about 3,200 megawatts of electricity now
Myanmar is generating about 3,200 megawatts of electricity at the present, according to figures from the Ministry of Electricity and Energy.
African Economic Outlook indicates steady growth through 2021
AfDB's 2020 African Economic Outlook shows that growth remained stable in 2019 at 3.4% and is on course to pick up to 3.9% in 2020, and 4.1% in 2021.
SBI posts highest-ever quarterly profit of Rs 5,583 crore in Q3
SBI Q3 results: The bank's gross non-performing assets (NPAs) ratio declined to 6.94 per cent in Q3FY20 versus 8.71 per cent in the same quarter last year
Premarket: World shares struggle for footing after virus-battered week
Oil and copper prices set for worst month since May
GDP growth neither over nor underestimated, data woes baseless: Eco Survey
The Economic Survey tabled in Parliament on Friday said the level and growth of a country's GDP informs several critical policy initiatives as it is a barometer of the economy's size and health
Crude Oil Futures: The negative view remains unchanged
Open interest increased by around 14.2K contracts on Thursday, reaching the second build in a row as per advanced readings from CME Group. In the same
Listed companies in Taiwan required to disclose info in English starting July
The move signals Taiwan’s bid to draw foreign investors, which hold a combined 40 percent stake in local equity market
Finance Ministry Summons Infosys Asking Explanation For Its Inability To Resolve Technical Glitches Galore In GST System
Finance Ministry Summons Infosys Asking Explanation For Its Inability To Resolve Technical Glitches Galore In GSTN
Work at state-owned banks affected as employee unions go on 3-day strike
Private sector lenders like ICICI Bank and HDFC Bank were working as usual.
GDP growth expected to rebound to 6-6.5 per cent in 2020-21: Economic Survey
The Economic Survey 2019-20 tabled in Parliament said there are tentative signs of bottoming out of slowdown in manufacturing activity and global trade, which will have a positive impact on growth in the next fiscal.
Massive queues on Royal Mint site for new Brexit coins
Coin collectors are queuing in their thousands to get hold of the Brexit coin
Markets cheerful despite slump in GDP growth, Sensex up 7%: Economic Survey
Benchmark indices Nifty50 and S&P BSE Sensex reached record highs during 2019-20 (up to January 16, 2020).
Barclays introduces video games tax relief loans
Developers able to claim 90% of their tax credit before it is fully processed
Warren Buffett's $4.6 million crypto lunch was eBay's priciest purchase in 2019. It still hasn't happened.
Warren Buffett’s $US4.6 million charity lunch was the biggest purchase on eBay in 2019. The eye-wateringly expensive meal still hasn’t taken place.
Why businesses need to consider loyalty programmes
Loyalty programmes facilitate the development of a relationship with each customer through multiple touch points in the organisation, says LoyaltyPlus.
IKEA customers can now pay someone to build flatpacks in their homes
It's available for Nottingham customers
A little-known trucking company surges nearly 58% after Volkswagen unit makes a surprise offer to buy (NAV)
US truck manufacturer Navistar's shares shot up in pre-market trading Friday, after a Volkswagen unit said Thursday it could buy the company in ...
Aston Martin shares leap as Lawrence Stroll leads rescue deal
Shares in Aston Martin rose 20 per cent today as it was announced that Canadian billionaire Lawrence Stroll would take a 20 per cent stake in the carmaker.
Abidali Neemuchwala resigns as Wipro CEO, to hold position till successor is found
The company has not specified any time frame to find the successor.
Asia shares fight for footing after turbulent week
Asian share markets battled to regain their footing on Friday as investors clutched at hopes China could contain the coronavirus, even as headlines spoke of ever more cases and mounting deaths.
More Myanmar workers return to Myanmar after Chinese New Year
More Myanmar migrant workers are returned to Myanmar after Chinese New Year due to Novel Coronavirus, sources said.
Volkswagen truck unit makes offer to buy Navistar in $2.9B deal
— Volkswagen AG’s Traton SE unit has offered to buy "the rest of" Navistar in a $2.9 billion bid, according to national media reports from Bloomberg and other outlets.
India's GDP growth neither over- nor underestimated, says Economic Survey
Recently, Arvind Subramanian, the Narendra Modi government's former chief economic adviser, had said India's economic growth rate has been overestimated by around 2.5 percentage points between 2011-12 and 2016-17 due to a change in methodology for calculating GDP.
US tourism & leisure industry sees a drop of 10.3% in deal activity in December 2019
The US tourism & leisure industry saw a drop of 10.3% in overall deal activity during December 2019, when compared with the last 12-month average, according to GlobalData’s deals database. A total of 35 deals worth $415.18m were announced in December 2019, compared to the 12-month average of 39 deals. M&A was the leading category in the month in terms of volume with 19 deals which accounted for 54.3% of all deals. In second place was venture financing with 11 deals, followed by
[PHOTOS] Malaysia Is Now Home To The World’s First-Ever In-Theatre Coca-Cola Cafe
Absolutely insta-worthy!
Budget 2020: How can FM Nirmala Sitharaman put India back on growth trajectory towards a $5 trillion economy
Union Budget 2020:
Watchdog probes jump in sterling before Bank of England rate decision
City watchdog the Financial Conduct Authority has opened an investigation into the jump in the value of the pound shortly [...]
Helping prepare medium business for 2020
Medium businesses don’t have the same resources as larger businesses to pursue new technology improvements, says Brad Pulford, GM – Channel & Distribution at Dell Technologies Africa.
China's yuan finds its feet after vote of confidence by WHO on coronavirus
The World Health Organisation said late on Thursday that the coronavirus outbreak was a global emergency, but opposed travel ...
Free bandwidth for office parks – Accelerit Business Solutions
Accelerit is offering the first five clients to sign up on its feasible office parks free Internet based on a needs analysis conducted with the client.
Economic Survey Projects India's GDP Growth at 6-6.5 Per Cent for 2020-2021
New Delhi (Sputnik): Amid the widespread slowdown in the Indian economy, the government lowered its national income growth forecast for the current fiscal year from April 2019-March 2020 to 5 per cent against the earlier projections of 7 per cent.
How analytics can help expand market share and generate revenue
Fintech players have captured the marketplace with efficient customer experience and proven that mass-market growth is achievable, without branches and with mobile-based applications. What sets new financial entrants apart is that they are adaptable and can provide customers with financial advice in a way that suits them.
Bharti Airtel removed from DGFT’s Denied Entry List
Telecom major submits
Azmin to lead working visit to Japan to explore new economic cooperation
KUALA LUMPUR, Jan 31 — Economic Affairs Minister Datuk Seri Mohamed Azmin Ali will lead the Malaysian delegation of senior officials from his ministry for a six-day working visit to Japan from February 1-6. In a statement today, the Ministry of Economic Affairs (MEA) said the delegation will...
Economic Survey 2020 projects GDP growth at 6-6.5% in FY21
The Economic Survey 2020, prepared by Chief Economic Advisor Dr Krishnamurthy Subramanian, was tabled by Union Finance Minister Nirmala Sitharaman in Parliament Friday.
China's factory activity falls in January as virus fears grow
Official figures released Friday showed that the Purchasing Managers' Index (PMI) for manufacturing, an early gauge of factory activity, came in at 50.0, down slightly from 50.2 in the month before. A reading above 50 indicates the sector is expanding while below 50 shows a contraction.
UPS innovation: Protecting critical loads and the national grid
Data centre technology, specifically uninterruptible power supplies (UPS), can be used to support the power grid and balance the load.
What these eight business leaders learned from their biggest failures
Issy Sharp, Jim Treliving and more on how flaming out made them better
Unilever sales growth stagnates amid sluggish household consumption
The Anglo-Dutch company booked a 2.7 percent year-on-year (yoy) growth in sales to Rp 42.9 trillion (US$3.15 billion) in 2019, the company said in a statement obtained by The Jakarta Post on Thursday.
The UK has confirmed its first 2 cases of Wuhan coronavirus, Business Insider - Business Insider Singapore
Business Insider - The virus, which originated in the Chinese city of Wuhan, has now spread to at least 20 countries worldwide.. Read more at businessinsider.sg
Uptick in retail prices in FY20 mainly on veggies, pulses: Economic Survey
The Survey has recommended measures to safeguard farmers through procurement under Price Stabilization Fund to help regulate the price volatility of important agri-horticultural commodities and also added that MSP needs to be made more effective. For the current financial year so far, food and beverages emerged as the main contributor to retail inflation.
Warren Buffett's $4.6 million crypto lunch was eBay's priciest purchase in 2019. It still hasn't happened., Business Insider - Business Insider Singapore
Business Insider - Tron chief Justin Sun bought the charity meal with Berkshire Hathaway's boss but bailed at the last minute, sparking conspiracies.. Read more at businessinsider.sg
Funding National Infra Pipeline would be a 'challenge': Economic Survey 2019-20
To achieve GDP of USD 5 trillion by 2024 – 2025, India needs to spend about USD 1.4 trillion (Rs.100 lakh crore) over these years on infrastructure so that lack of infrastructure does not become a constraint to the growth of Indian economy, the survey said.
Ledger Wallet Co-Opts Controversial Pro-Brexit Slogan for Cryptocurrencies
On the eve of the U.K.’s exit from the EU, French crypto hardware wallet firm Ledger has attempted to co-opt the notorious pro-Brexit “Take Back Control” mantra for crypto.
Plastic peril strikes: Haunting image shows dead sea turtle after it died from lack of oxygen while tangled in fishing wire
Photojournalist Shane Gross, 34, took the haunting photos of a turtle seemingly screaming while trapped in fish wire, near the coast of Harbor Island in the Bahamas.
Formal employment rises from 17.9% to 22.8% in 6 years: Economic Survey
Economic Survey: A rise in share of formal employment indicates that more people are getting regular jobs and being employed in the organised sector.
China's factory activity falls in January as virus fears grow
China's manufacturing activity slipped in January, official data released Friday showed, as the country grapples with a new virus that has claimed more than 200 lives.
Raising funds for infrastructure will be "challenge": Economic Survey
States that well prepared projects might attract investors
Tribal leaders make the case for sales tax-sharing deals
A new law would affirm a sales tax agreement the Tulalip Tribes reached with the state and county.
Risky Time For A Valero Investment
VLO beat earnings estimates for 4Q19.But market conditions have since deteriorated.Product stocks are oversupplied and refinery margins have dropped.The virus in China is a headwind of unknown depth a
Rewane outlines sectors to drive economy in 2020
Bismarck Rewane says Nigeria’s economic growth will be dependent on three sectors going into 2020.
Asian investors eye low-cost housing - VietNamNet
JLL estimates that hundreds of millions of dollars from Japan, South Korea, Singapore and China are waiting to be funneled into Vietnam’s real estate market.
PSU banks staff strike may affect branch, ATM services
However, private sector lenders like ICICI Bank and HDFC Bank would be operational.
Profit jumps at Hargreaves Lansdown despite Woodford scandal
Profit before tax at investment platform Hargreaves Lansdown climbed 12 per cent in the first half of its financial year [...]
China has confidence and capability to win the war against coronavirus: foreign ministry
China has confidence and capability to win the war against the new coronavirus, said the country’s foreign ministry spokeswoman in responding to the World Health Organization (WHO)’s decision to declare the virus outbreak in China as a global emergency.
Here’s The List Of Top Ten Most Expensive Bank Accounts In Kenya
It will cost you at least Ksh17,750 per year to maintain the most expensive bank account in Kenya, a new study by Financial Sector Deepening (FSD) has found.The study found that Standard Chartered