Economy 569
Appreciate Group (LON:APP) Earns Buy Rating from Liberum Capital
Liberum Capital reaffirmed their buy rating on shares of Appreciate Group (LON:APP) in a research note published on Tuesday morning, ThisIsMoney.Co.Uk reports. LON:APP opened at GBX 63.50 ($0.84) on Tuesday. The stock’s 50-day moving average is GBX 59.79. The company has a market cap of $118.33 million and a P/E ratio of 12.96. The company […]
Royal Bank of Scotland is changing its name to NatWest
The bank's chief executive announced the decision to rebrand while reporting a surge in profits.
Coronavirus prompts HSBC and Shell to send staff home
Employees in Hong Kong and Singapore came into contact with people infected
Singapore PM Lee: Covid-19 outbreak expected to last longer than SARS and cause greater economic impact, but life has to go on
SINGAPORE, Feb 14 — While it took four months before the Severe acute respiratory syndrome (SARS) was fully eradicated from Singapore back in 2003, Prime Minister Lee Hsien Loong said the Covid-19 outbreak is expected to last longer, with a greater impact already hitting the economy. However, Lee...
IndusInd Bank hits over 3-year low; tumbles 11% in six sessions
The private sector lender's stock was trading at its lowest level since January 10, 2017
Copper: Car sales to hit the red metal – ANZ
A move below $5,700/t was near before base metals were able to recover. There are still troubles on the horizon for the red metal as auto sales in Chi
'The bigger the card, the tackier your relationship': Etiquette expert William Hanson reveals how to celebrate Valentine's Day and emerge with your reputation unscathed
Valentine's Day is the time of year when civil courtship is needed more than ever, according to etiquette expert William Hanson, who recommends an amusing card over a sentimental one.
Wirecard quarterly profit strength meets expectations
BERLIN (Reuters) - Payments company Wirecard reported strong quarterly results in line with analyst expectations on Friday and reiterated guidance for core profit growth of 34% this year.
Asian plane makers struggle to take off in crowded market
Asian plane makers have thrown huge sums at building jets but flagship projects have suffered repeated setbacks, and they face a tough time breaking into a market dominated by established players.
NVIDIA Financial Results Fourth Quarter and Fiscal 2020 - Positive Forecasts Despite Coronavirus
NVIDIA today reported revenue for the fourth quarter ended Jan. 26, 2020, of $3.11 billion, up 41 percent from $2.21 billion a year earlier, and up 3 percent from $3.01 billion in the previous quarter...
India's 2020-21 pulses import may fall by 50% if government doesn't extend import quotas, says IPGA
As Indian government struggles to support the domestic pulses farmers who are getting non-remunerative prices due to the second consecutive year of bumper production, trade body Indian Pulses and Grains Association (IPGA) has claimed that large scale smuggling of pulses from neighbouring countries is hurting the interests of domestic farmers and traders.
Oil: Energy sector up – ANZ
Crude oil was able to shift pressure and the market looks like convenient with the latest news about coronavirus. WTI trades at $51.75, ANZ Research r
Mike Ashley’s Frasers Group adds name to business rates letter
More than 50 retailers wrote to the Chancellor this week demanding changes to transitional relief.
Lufthansa Group extends China flight cancellations to March 28 over virus outbreak
BERLIN (Reuters) - Germany’s Lufthansa (LHAG.DE) on Friday said it would suspend all flights to mainland China until March 28 due to the new coronavirus, which is spreading in China and around the world.
AFCA Warns Berndale Clients Recovery of Funds is Unlikely
The AFCA has delivered an update to its information page regarding Berndale Capital Securities Pty Ltd, who had its licence cancelled by ASIC.
Plan to sell Portishead retirement flats dubbed 'Olditz' on the open market scrapped
Developer PegasusLife says it is evaluating its next steps for the retirement apartment block
Reliance Jio, Airtel and Vodafone's yearly prepaid plans will help you save money: Here's how
Despite the price hike in December, the companies have not lessened the benefits and it has only gotten better.
The Reserve Bank of India can’t counter food inflation without factoring in extreme weather events
What’s behind the rising price of onions in every alternate year since 2013? Climate change.
Basf (ETR:BAS) Given a €68.00 Price Target at UBS Group
UBS Group set a €68.00 ($79.07) target price on Basf (ETR:BAS) in a report published on Monday morning, Borsen Zeitung reports. The brokerage currently has a neutral rating on the basic materials company’s stock. BAS has been the topic of a number of other research reports. Credit Suisse Group set a €66.50 ($77.33) price objective […]
Australia contains fires for first time in nearly six months
Fires across Australia's most populous state have been contained for the first time in nearly six months, authorities said on Friday, as heavy rains aid firefighters and boost some dam levels to their highest in nearly two years.
Analyzing Piper Sandler Companies (PIPR) & Its Competitors
Piper Sandler Companies (NYSE: PIPR) is one of 36 publicly-traded companies in the “Security brokers & dealers” industry, but how does it contrast to its competitors? We will compare Piper Sandler Companies to similar companies based on the strength of its dividends, institutional ownership, analyst recommendations, profitability, earnings, valuation and risk. Profitability This table compares […]
"Oversold" Pound Sterling finds Buying Interest
It was a sea of green for the British Pound on the global currency performance board at the start of the new week as it rallied against the majority of its peers and confirmed that while there is much anxiety over looming trade negotiations
Exclusive: Scope Markets Joins Your Bourse’s Liquidity Network
Online trading provider Scope Market announced on Friday the joining to the network of Your Bourse Liquidity Hub partners.
Compass Group (LON:CPG) Price Target Raised to GBX 1,800
Compass Group (LON:CPG) had its price objective lifted by Goldman Sachs Group from GBX 1,700 ($22.36) to GBX 1,800 ($23.68) in a research report released on Monday, Stock Target Advisor reports. They currently have a sell rating on the stock. A number of other research firms also recently weighed in on CPG. UBS Group reaffirmed […]
Zambia banks reap record profits from government debt
Stanbic posted a profit before tax and costs of 1.72bn kwacha last year.
Taribo West, Emmanuel Babayaro join fight to tackle corruption
In his playing heydey, Taribo West was a tough-tackling defender taking on the best strikers in Italy's Serie A with his trademark shock...
Mike Ashley's Frasers Group joins calls for business rates reform
Mike Ashley's Frasers Group has said that with the British high street on "life support" the Treasury must take action on business rates reform.
US charges Chinese company Huawei with plotting to steal trade secrets
Donald Trump has repeatedly raised national security concerns about Huawei.
Bitcoin Mining Stock Surges as Chinese Economy Falters
The economic fallout from the Coronavirus is starting to be felt across the world. China’s economy has been the hardest hit but contrary to wider market
Jefferies Financial Group Analysts Give Delivery Hero (ETR:DHER) a €75.00 Price Target
Jefferies Financial Group set a €75.00 ($87.21) target price on Delivery Hero (ETR:DHER) in a report released on Tuesday, Borsen Zeitung reports. The firm currently has a buy rating on the stock. Several other research firms have also recently issued reports on DHER. Kepler Capital Markets set a €63.60 ($73.95) target price on Delivery Hero […]
RBS to slash investment bank, rebrand as NatWest
Royal Bank of Scotland’s new chief executive Alison Rose unveiled a new strategy for the taxpayer-backed bank on Friday, including radically cutting back the size of its loss-making investment bank and renaming the company NatWest, Reuters reports. Rose, the first woman to lead one of Britain’s major banks, is hoping a rebrand will help shift…
RBS profit surges, as bank’s new CEO sets climate goal
LONDON, Feb 14 — Royal Bank of Scotland today said its net profit almost doubled last year to £3.1 billion, as new chief executive Alison Rose placed climate at the top of her agenda. Rose said in the earnings statement that she planned also to roughly halve the size of the Edinburgh-based...
GBP/USD drops to session lows, risks breaking below 1.30 mark post-US retail sales
The GBP/USD pair held on to its weaker tone and dropped to fresh session lows, around the key 1.30 psychological mark in reaction to the latest US mac
4 ASX shares to get you started in investing
If you're looking to get started in investing, here's why I think BHP Group Ltd (ASX: BHP) and these 3 other ASX shares are a great place to begin.
Proposed EU 2021-2027 budget at 1.074% of EU GNI, or 1.095 trillion euros
Chairman of EU leaders proposed the next EU 2021-2027 budget at 1.074% of the EU's gross national income (GNI), or 1.095 trillion euros, Reuters repor
Flywire Secures $120 Million Through Series E Investment Round Led by Goldman Sachs; Announces Acquisition of Healthcare Technology Platform Simplee
Flywire, a U.S.-based fintech firm that provides global payment and receivables solutions for education, healthcare, and commercial enterprises, announced on Th
Hitting the target: business tries to break the deadlock on climate
Growing support for a net zero emissions target is heaping pressure on the government and Labor to adopt more ambitious climate policies.
Renault reports net losses of 141 million euros in 2019
Renault said its outlook for 2020 was bleak with a fresh fall in operational profitability, a statement said Friday.
Advertising giants face ACCC inquiry into market power
Concerned about market concentration, the Morrison government has ordered an inquiry into the conduct of digital giants such as Google and Facebook, and global advertising agencies.
FM Sitharaman says the govt is open to tweaking inside and outside Budget for economic growth
irmala Sitharaman said the immediate feedback to the Union Budget has been motivating, as it has had a 'positive impact' on the currency, bond and equity markets.On the REITs and InvITs, the Finance Minister said she wanted to hear the views of the economists and other tax experts on the Budget
China's securities regulator to ease refinancing rules to help companies fight coronavirus
China Securities Regulatory Commission (CSRC) has announced that it will be easing refinancing conditions to help listed companies fight the coronavir
SilverCloud On How FIs Can Offer SMBs A ‘Consumer’ Banking Experience
SilverCloud CEO Scott Cornell tells PYMNTS how forward-thinking FIs can bring digital tools that improve consumer relationships to their corporate customers.
Banks' loans rise over 7% in two weeks to January 31: RBI report
Non-food credit rose Rs 1.02 trillion to Rs 100.24 trillion
ASIC sends a message about takeover laws
Takeover law is a high-stakes game, and the criminal charges levelled against Jan Cameron show the regulator clearly wants to make a strong point.
Exports contract for 6th straight month, drop 1.66 per cent in January; trade deficit widens
Shipments of petroleum products, plastic, carpet, gems and jewellery, and leather products contracted by 7.42 per cent, 10.62 per cent, 5.19 per cent, 6.89 per cent, and 7.57 4 per cent, respectively, in January. Imports also fell for the eighth consecutive months, down 0.75 per cent to USD 41.14 billion in January, widening the trade deficit to a seven-month high of USD 15.17 billion, according to the government data released on Friday.
Nvidia shares surge on signs of machine learning boom
Shares of Nvidia Corp rose 6% on Friday after the chipmaker stunned analysts with strong quarterly results and joined rivals Intel Corp and Advanced Micro Devices Inc in predicting strong demand for chips used in the latest generation of data centers and AI.
Trump to meet with top business executives during India visit
President Trump will meet with executives of Indian companies with business interests in the United States during his visit to New Delhi this month,
Total considers stopping fuel oil sales for power: CEO
ABERDEEN, Scotland (Reuters) - France’s Total (TOTF.PA) is considering stopping sales of fuel oil to power markets as the energy giant seeks to reduce its carbon footprint and grow its renewable power business, its chief executive told Reuters.
British bank RBS changes name in evolution to 'purpose-led' operation
Feb. 14 (UPI) -- The Royal Bank of Scotland announced Friday it will change its name to the NatWest Group later this year as part of a shift to become a "purpose-led" operation -- and distance itself from scandals related to a major bailout more than a decade ago.
Trump Wants $1.5 Billion for Uranium Mining
The Trump administration is asking Congress for $1.5 billion over 10 years to create a new national stockpile of U.S.-mined uranium, saying that propping up U.S. uranium production in the face of cheaper imports is a matter of energy security.
Elanco Seeks Clearance To Acquire Bayer's Animal Health Business
The Commerce Commission has received a clearance application from Elanco Animal Health Inc. seeking clearance to acquire Bayer AG’s animal health business.
Is It Time To Say ‘Goodbye, Vodafone?’ Choice Is Government Takeover Or Bankruptcy
The political cost of offering huge bailouts can be high.
SNB's Zurbruegg: Risk on Swiss banks from rising property prices is not too high
"Risk on Swiss banks from rising property prices is not too high," Swiss National Bank's Vice-Chairman Fritz Zurbruegg said on Friday. "Affordability
An EU judge told Google it's landed on Monopoly's 'Go to Jail' square and reportedly threatened to increase its $2.6 billion antitrust fine, Business Insider - Business Insider Singapore
Business Insider - Google faced stinging criticism from an EU General Court judge as it fights a $2.6 billion antitrust fine first imposed in 2017.. Read more at businessinsider.sg
An inside look at the debate around pandemic bonds, which have $425 million hinging on how deadly the coronavirus ends up being, Business Insider - Business Insider Singapore
Business Insider - The World Bank called the bonds "a momentous step" in curbing disease, while a public health expert deems them "inappropriate and ineffective.". Read more at businessinsider.sg
An EU judge told Google it’s landed on Monopoly’s ‘Go to Jail’ square and reportedly threatened to increase its $2.6 billion antitrust fine
Google’s legal battle with the EU over antitrust fines has just gotten fierce.
US retail sales up a modest 0.3% in January
WASHINGTON — U.S. retail sales rose a modest 0.3% in January, a slight improvement over December, as unseasonably warm weather boosted sales at hardware stores and furniture stores.
Approval processes for clinical practice guideline create conflict of interest
Most clinical practice guidelines in the U.S. are created by medical specialty societies. While there is widespread awareness of the potential for intellectual and financial conflict of interest by individual panel members, there is little recognition of the potential for the processes used by guideline panels to create conflict of interest.
African Development Bank says World Bank chief’s criticism ‘misleading’
The African Development Bank on Thursday pushed back against World Bank President David Malpass’ comments that it and.”
Owner admits it's 'quite funny' that his BMW floated off down Thames
James paid £5,000 for the BMW, which also had some expensive clothes inside.
Coronavirus Fears Gifts an Attractive Price for Qualcomm Stock
Although the coronavirus and declining China sales pose problems for QCOM, they could be temporary headwinds.
More people failed to pay property taxes in 2019: City of Regina
“The numbers are a little bit different from last year, a little bit higher.”
Tesla prices its second offering of stock at $767 apiece
Tesla priced its second offering of stock at $767 apiece Friday.
Tesco is selling 100 Jaffa Cakes for just £3.75
The bargain boxes won't be on offer for long so be quick
Renault reports first net losses in decade for 2019
French carmaker Renault said Friday it went into the red last year for the first time in a decade on lower sales and a falling contribution from its Japanese partner Nissan.
Renault plans US$2.2b ‘no taboos’ cost cuts after first loss in a decade
PARIS, Feb 14 — Renault’s first loss in a decade triggered a no-taboos commitment to cut costs by €2 billion (RM9.1 billion) over the next three years from the carmaker today, as it tries to put the Carlos Ghosn affair behind it. As ex-Volkswagen brand manager Luca de Meo prepares to take...
Boeing and engineering union agree on new, extended contract
The board of SPEEA will recommend the proposal to its 18,000 members in the Puget Sound area.
World Bank questions Uganda’s growth with no jobs
Kampala, Uganda | THE INDEPENDENT | The World Bank has said Uganda should ask hard questions on why the country is growing but not creating enough jobs and people incomes remain stagnant. In the Economic update for Uganda launched on Thursday, the international lender said Uganda’s level of per capita income – that is money …
Lufthansa cancels China flights through to late March
German airline giant Lufthansa said Friday it would prolong its suspension of flights to the Chinese mainland until March 28 over the novel coronavirus COVID-19.
Most Americans Would Prefer an Unexpected Financial Challenge to a Romantic Breakup
People seem to value their hearts over their wallets, according to a new survey.
UN experts: North Korea enhances nukes and illicit trade
CAMEROON, Cameroon — U.N. experts say North Korea has increased imports and exports of banned and restricted goods such as coal and petroleum products as it continues to enhance its illicit nuclear and ballistic missile programs in violation of sanctions. The experts identified new methods that the country is using to evade U.N. sanctions, including …
Why fund management companies are surging on the ASX
Investing in fund management companies is back in favour after a year of uncertainty. Now the money managers are in the money.
VW boss says no to coal, yes to Fridays for Future
‘If Germany does not make progress on the phase-out of coal, we cannot expect others to do so either,’ writes Herbert Diess.
Borderlands 3 February Update is now available, increases level cap, full patch notes revealed
Gearbox has released the February Update for Borderlands 3.
Trump administration postpones full ban on Huawei for another 45 days
Huawei will be able to continue buying from its American suppliers for 45 more days, thanks to the latest license extension by the U.S. Commerce Department.
Pound-Australian Dollar Exchange Rate Forecast to Remain Supported
The British Pound has advanced 0.60% against the Australian Dollar over the course of the past week in line with the broader push higher by Sterling, that leaves it the top performing major currency for the week ending February 14
USD/JPY Price Analysis: Consolidated in a range, awaits US retail sales for fresh impetus
The USD/JPY pair extended its sideways consolidative price action through the mid-European session on Friday and remained confined in a narrow trading
Why “De-growth” Shouldn’t Scare Businesses
There’s opportunity in an economy that produces and consumes less.
What's Next For U.K. Car Manufacturing After Brexit?
A major plank of the economic argument to remain in the EU was that the U.K.'s highly integrated supply chains with the EU for industries like automotive and aerospace would be catastrophically impact
Bahamian Central Bank to Roll Out Digital Currency in H2 2020
The Bahamas’ Central Bank governor yesterday confirmed that a digital currency will be rolled out by the second half of 2020.
Biggest Family Offices Get Direct Access to Trading Desks
Family offices with assets of at least $1 billion are increasingly bypassing private bankers to deal directly with investment bank trading desks, a Citigroup Inc. executive said.
How Apple Got It Wrong by Not Paying Retail Employees for the Time They're Being Searched
The court weighed in on a bad policy and a worse defense.
Boston Dynamics' Robot Dog Spot Will Soon Start Working on Oil Rigs
Spot, Boston Dynamics' robot dog, is going to begin work on Aker BP's Skarv oil rig. As an attempt to move away from the dangerous roles on oil rigs, the companies are working together to find a safe solution.
Canopy Growth says more cost cuts coming as it reports $124M loss
Canopy Growth Corp. is planning further cost cutting as it works to achieve positive cash flow and profitability, the cannabis producer's new chief executive said Friday as it reported a $124.17-million loss in its third quarter of 2020.
Barnsley co-chairman in talks to buy new club – ‘Moving in right direction’, deal could be done at €8-10m
Already invested in two clubs, Chien Lee is looking to put money in a third after selling Nice to Englishman Jim Ratcliffe back in August 2019. The American entrepreneur is currently the co-chairman of Barnsley FC, who were recently promoted back to the Championship, and has money placed in Swiss club FC Thun. Well, according
India's forex reserves soar to record $473 billion, gold down by $218 mn
Expressed in dollar terms, the foreign currency assets include the effect of appreciation or depreciation of non-US units like the euro, pound and yen held in the foreign exchange reserves.
Tax Appeals Commission dismisses bank’s attempt to write off Revenue bill
Unidentified bank facing assessment of €1.4 million
Volkswagen offered 830-mn-euro settlement for German diesel cases
The mass lawsuit is one of the major legal hangovers from VW's 2015 admission to fitting 11 million vehicles worldwide with software to make motors appear less polluting in regulatory tests than in real driving conditions. While diesel buyers in the US have enjoyed generous buyback and compensation schemes, German drivers had so far gone uncompensated for the impact of the scandal, which has since spread to other carmakers.
Bigg Boss 13: Mahira Sharma's First Posts After Eviction Are Dedicated To Paras Chhabra- Sidharth Shukla; Lady Thanks Them For Support
Mahira Sharma was recently evicted from Bigg Boss 13 and she took to Twitter after her eviction and thanked Paras Chhabra and Sidharth Shukla for being with her through the difficult journey
Northumbrian Water to challenge regulator over price controls
North East water firm wants to balance reductions to bills with environmental improvements
Last cargo of toxic waste re-exported this month
“The re-exportation of the remaining wastes from South Korea this month signifies our nation’s steadfastness to protect public health and the environment from the deceptive trade in hazardous waste disguised as plastic waste for recycling,” said Simon to the group.
Hong Kong pledges nearly R50bn as city seeks to contain spread of coronavirus
Hong Kong leader Carrie Lam pledged handouts totalling HK$25 billion to the Hospital Authority and businesses grappling with the coronavirus outbreak.
Renault plans $2.2 billion 'no taboos' cost cuts after first loss in a decade
PARIS (Reuters) - Renault’s (RENA.PA) first loss in a decade triggered a no-taboos commitment to cut costs by 2 billion euros ($2.2 billion) over the next three years from the carmaker on Friday, as it tries to put the Carlos Ghosn affair behind it.
The United States Extended Huawei's Provisional License for another 45 Days
President Trump's government has announced that it is extending Huawei's provisional license for another 45 days (to allow US companies to find alternatives to the Chinese telecommunications giant, which was considered a security threat to the United States, France Press reported. "The 45-day extension is necessary to allow existing telecommunication providers -- particularly those in rural US communities -- the ability to continue to temporarily and securely operate existing networks while they identify alternatives to Huawei for future operation", Department of Commerce wrote in a statement
Flat oil price offsets weaker Rand in projected March fuel price drop
Rand’s weakening against the US Dollar, as well as the mentioned flatter oil price, points to a decrease of between 14 and 25 cents a litre for petrol.
UAE won't use steel, iron to construct its first Hindu temple. This is how it will be built
The first Hindu temple in the UAE's capital Abu Dhabi will not use any steel or ferrous materials to build the temple, instead fly ash will be used to reinforce the concrete in the foundation.
IRS suggests game currencies are not taxable; tax experts say don’t believe it
A change to the IRS website suggests that game currencies are not taxable, despite an earlier statement that they are – but tax experts say ...
Gold struggles to move into positive territory, trades around $1,575
The troy ounce of the precious metal rose $8 on Thursday but seems to be having a tough time stretching higher on Friday. As of writing, the XAU/USD p
HOURS of misery in coronavirus lockdown at Heathrow: Passengers tell how family of eight from Malaysia were screened off by staff in hazmat suits aboard one of EIGHT flights quarantined simultaneously
MailOnline understands a British Airways flight from Kuala Lumpur was held up on the tarmac for two hours after a passenger fell ill. Sources say delays at UK airports are happening regularly.
Popular Preprint Servers Face Closure Because of Money Troubles
The rise of preprint repositories has helped scientists worldwide to share results and get feedback quickly. But several platforms that serve researchers in emerging economies are struggling to raise money to stay afloat. One, which hosts research from Indonesia, has decided to close because of this...
Indonesia promotes ASEAN Outlook on Indo-Pacific at middle power meet
Indonesia is using a meeting of loosely associated and like-minded countries in Mexico City to promote the vision of an inclusive Indo-Pacific region, underlining the importance of dialogue to foster cooperation instead of rivalry.
Euro Buyers see Best Exchange Rate Since mid-December as Pound Sterling Boosted by Expectations for Increased Govt. Spending under Sunak
The British Pound has advanced against the Euro for six months in a row now and the momentum has taken the GBP/EUR exchange rate back up to 1.20
Turkey ready to join CPEC projects, Erdogan says
--Turkish president calls for 'quickly increasing' Pak-Turk trade to $1bn and gradually raising it to $5bn--PM Imran promises to fully facilitate Turkish business community in joint ventures with
Agencies within the US Justice and Treasury Department are Seeking Millions of Dollars in Funding to Oversee the Cryptocurrency Industry
Federal agencies and departments established within the US Justice Department and the Treasury Department are reportedly requesting that millions of dollars be
Brazil’s Largest Crypto-Friendly Bank Posts 42% Rise In Q4 2019
The largest standalone investment bank in Latin America, Banco BTG Pactual SA, recorded an impressive 42% net income growth during last year's fourth
January Wholesale Price Index stands at 3.1%
The annual rate of inflation based on monthly Wholesale Price Index stood at 3.1% (provisional) for the month of January 2020 (over January 2019) as compared to 2.59% (provisional) for the previous
Indian banks' loans rise over 7% in two weeks to Jan 31: RBI
Outstanding loans rose ₹98926 crore ($13.86 billion) to ₹101.03 trillion in the fortnight to Jan. 31.Non-food credit rose ₹1.02 trillion to ₹100.24 trillion, while food credit fell ₹3,202 crore to ₹78,899 crore
Malaysia's modest GDP growth in line with neighbouring countries: Azmin
KUALA LUMPUR: Malaysia’s modest gross domestic product (GDP) growth of 4.3 per cent last year is considered better than some of its neighbours, said Economic Affairs Minister Datuk Seri Azmin Ali.
Standard Chartered Joins Forces With Imperial College Business School For New Climate Risk Management Partnership
Standard Chartered, a UK-based multinational banking and financial services company with $688 billion in assets, announced on Thursday it has joined forces with
Royal Bank of Scotland to be renamed after 293 years
The Government-controlled bank will become NatWest Group and agreed to a 5p-a-share special dividend after profits hit £4.2bn last year.
Protests in Greece over New Refugee Centers
Greek administrative officials and residents of the five Greek Aegean islands accommodating refugees and migrants have staged a protest in Athens against plans to build new camps. Dozens of protesters from the islands of Lesbos, Chios, Samos Leros and Kos gathered in front of the interior ministry, carrying placards against projects for new refugee camps.
R&L upgrades PH credit rating
In a report to the Department of Foreign Affairs (DFA), the Embassy said the upgrade was made in view of the steady progress of the government’s reforms to modernize the tax system, the prioritization of the socio-economic agenda, the launch of the Bangsamoro Transition Authority (BTA), and the Build, Build, Build program.
EU spending tens of millions of euros a year to promote meat eating
Campaigns to promote consumption of pork and veal labelled ‘indefensible’ in light of health and climate concerns
ICAO forecasts $4-5 billion hit to first-quarter airline revenue from virus
ICAO forecast global airline revenue could fall by $4bn to $5bn in the first quarter due to flight cancellations linked to the coronavirus
New CEO Appointed For Harraways
Mr Scott is also pleased to advise that Mr Henry Hawkins has been appointed as the new Chief Executive Officer of the Company. Henry brings a wealth of local and international experience, and knowledge of the food manufacturing sector to the Company. Harraways is fortunate to have him in this role as it embarks on its continuing journey of growth, supplying quality products to both the local and export markets.
4 Things Royal Dutch Shell Investors Need To Know In 2020
Royal Dutch Shell is an above-average, quality high-yield stock with a trustworthy dividend.Royal Dutch Shell offers above-average growth potential courtesy of a smart strategic focus on LNG.The valua
NERC: Power sector recorded N1.7trn tariff shortfall in four years
The Nigerian Electricity Regulatory Commission (NERC) says the power sector recorded ₦1.72 trillion tariff-related revenue shortfall from 2015 to 2019. The commission said this in a newly released consultation paper
MOH urges private sector to step up Covid-19 precautionary measures
KUALA LUMPUR: The private sector is encouraged to take precautionary steps amid the ongoing Covid-19 coronavirus outbreak.
Not approached by any telco to finance AGR dues, says SBI chairman
The payments to be made by the companies include Rs 53,000 crore by Vodafone Idea, Rs 35,500 crore by Bharti Airtel and Rs 14,000 crore by the now defunct Tata Teleservices
Lion Air offers discounts to rev up business amid virus fears
Indonesia’s largest low-cost carrier is offering significant price cuts for flights to and from three destinations in the country as the aviation business is weighed down by concern over the coronavirus outbreak.
'Gold pits have become tombs': mining leaves a tragic legacy in Cameroon
The ruthless quest for gold in eastern Cameroon has left the landscape peppered with deadly open pits
When are US monthly retail sales figures and how could they affect EUR/USD?
Friday's US economic docket highlights the release of monthly retail sales figures, scheduled at 13:30 GMT. Consensus estimates point to modest growth
3 Reasons Why DexCom's Q4 Update Delighted Investors
The medical-device maker delivered good news across the board for the quarter.
The Interview That Should Terrify Owners of Freeport-McMoRan Stock
Freeport-McMoran stock works on paper. But higher cash flow will go to a management team that's already destroyed billions in value.
Rishi Sunak 'honoured' To Be Appointed As UK’s New Finance Minister
Indian-origin British MP Rishi Sunak said that he is “honoured” to be appointed as Chancellor of the Exchequer after he replaced Sajid Javid as UK's next FM.
Royal Bank of Scotland to be renamed after 293 years
The Government-controlled bank will become NatWest Group and agreed to a 5p-a-share special dividend after profits hit £4.2bn last year.
Sony is "Struggling" to Keep PS5 Production Costs Down
PS(£34)5.
Railways modifies capex spending model, enhances focus on critical projects
The national transporter has decided to disburse budgetary grants in full to projects nearing completion and will partially fund those in the initial stages
Love Aaj Kal Box Office VS Gully Boy & Gunday: Will It Become The Highest Valentine’s Day Opener?
Love Aaj Kal Box Office: After a gap of over two and a half years, storyteller Imtiaz Ali is back to woo the audience with his tale of love. This time, the director has brought a fresh pair of Kartik
Poundland sells 40,000 engagement rings for £1 ahead of Valentine's Day- double last year's figure - but would YOU be brave enough to propose with one?
The discount store offers a range of £1 'Bling Rings' as well as £1 'Man Bands', available across the UK, which are designed to be used as placeholders, but social media users are not impressed.
Reliance Retail fastest growing globally: Deloitte
Mukesh Ambani-led Reliance Retail has topped the list of ‘50 Fastest-growing retailers globally between FY2013-2018’ in the Deloitte’s Global Powers of Retailing 2020 index. The Indian retailer had r
2 top ASX dividend shares to buy and hold for the next decade
Here's why you can't go past these two top ASX dividend shares as long-term investments over the next decade.
TN budget 2020-21 highlights: State's economy was strong despite global slowdown, says OPS
Tamil Nadu achieved growth of 8.1 per cent in 2018-19, says Deputy Chief Minister O Paneerselvam in his state budget speech.
Chartered Accountants Ireland excludes Willie McAteer
Willie McAteer has been excluded from Chartered Accountants Ireland after a disciplinary tribunal found he had brought discredit on himself and his profession.
Get your Valentine's Day sorted with up to 65% off from these top photo card providers
Take the pressure off romance with an easy customized Valentine's Day card with these photo card deals.
Is 5AMLD Causing Crypto Companies to Shut Down & Relocate?
The EU's 5th anti-money laundering directive has already caused some crypto firms to relocate or shut down. Is regulation really a good thing for crypto?
MOBE ’six-figure income from home’ swindlers to pay FTC $17m, hand over tropical island real estate
21 steps, thousands of dollars, and the secret to easy cash was revealed.
ESG ETFs Help Investors Avoid Exposure To Some Headline Risks
ETFs that incorporate environmental, social and governance (ESG) principles provide investors with a diversified core portfolio position that is capable of avoiding some risk-off events due to the und
'Open to Tweaking Inside And Outside Budget For Economic Growth', Says Nirmala Sitharaman
The government had announced a host of steps in the Union Budget, presented on February 1 in Parliament
Royal Bank of Scotland to be renamed after 293 years
The Government-controlled bank will become NatWest Group and agreed to a 5p-a-share special dividend after profits hit £4.2bn last year.
TRB Ventures targets over RM8bil in property deals this year
KUALA LUMPUR: TRB Ventures Sdn Bhd is targeting over 50 per cent increase in new property sales to 21,000 units worth over RM8 billion this year via its property marketplace platform, MHub.
More risk capital and a strong corporate governance code, key to India's GDP growth: Uday Kotak
Indias aspirational growth of 6-7% depends on risk capital and strong corporate governance code, Kotak said.
EUR/GBP bounces off 2020 lows, around 0.8320
The sterling is correcting lower following the moderate pick-up on Thursday and is helping EUR/GBP to bounce off recent yearly lows in the sub0.8300 r
FLQ Crisis: Pierre Trudeau's right-hand man recalls Canada under terrorist threat
Between 1963 and 1970, the separatist FLQ planted deadly bombs and kidnapped a Quebec cabinet minister. Saturday at 7 p.m., W5 interviews main players who recall the violence that occurred on Canadian soil, 50 years ago, during the FLQ Crisis.
Tobacco farmers worry over proposed hike in National Calamity Contingent Duty
‘Move will pave the way for smuggling of illegal cigarettes into the country’
German economy flatlines as eurozone growth hits seven-year low
Germany's economy is stagnating as a slowdown in spending and exports wiped out growth in the fourth quarter of 2019 with GDP unchanged.
Lufthansa cancels China flights through to late March
German airline giant Lufthansa said Friday it would prolong its suspension of flights to the Chinese mainland until March 28 over the...
6 Tax Deductions You Can Claim Without Itemizing
You don't need to itemize to reap these lucrative tax breaks.
Yellow weather warning issued for Louth as Storm Dennis approaches
Met Éireann issue wind and rain warning for Louth
3 Big Stock Charts for Friday: Dollar General, IPG Photonics, and American Eagle
In this market, winners have run and losers have stayed stuck. These big stock charts focus on three names in between.
Delta to invest $1 bln to curb global air travel's climate impact
By Tracy RucinskiCHICAGO, Feb 14 (Reuters) - Delta Air Lines Inc said on Friday it will invest $1 billion over the next decade in initiatives that would limit the impact of global air travel on the environment, the first airline to make a commitment of that scale.The aviation industry accounts for roughly 2% of global carbon dioxide emissions and has set out a plan to achieve carbon-neutral growth from 2020, even as air travel is forecast to accelerate.
Warren Buffett loses $1 billion in 2 days after Kraft Heinz disappoints again
Warren Buffett took a $1 billion loss as Kraft Heinz stock plunged 11% in two days. Berkshire Hathaway's 27% stake in the food giant shrank in v...
Investors welcome Poland's decision to freeze last coal-fueled plant project
WARSAW (Reuters) - Shares in Polish state-run utilities Energa and Enea gained on Friday after they froze financing of their joint project to build 1 a GW coal-fueled power unit, citing difficulties raising funds due to environmental concerns.
Medical triage? Deactivating landmines? Now you can train in VR
On the job training is a major problem when it comes to dirty and dangerous jobs like deactivating land mines. Is VR adequate?
Shale drilling activity linked to high rates of gonorrhea and chlamydia in Texas
Researchers at the Yale School of Public Health have found that rates of two sexually transmitted infections, gonorrhea and chlamydia, are 15% and 10% higher, respectively, in Texas counties with high shale drilling activity ("fracking"), compared to counties without any fracking.
Positive Earnings Look as If They’re Already Priced in to Teva Stock
Teva stock rose 9% after a positive earnings report. But after $3 billion in cost-cutting, investors may be looking for additional revenue.
New taxi company eyes expansion in unlikely Saskatoon success story
Captain Taxi started in the middle of the first year of ride sharing in the city
Superman: Heroes Confronts the Fatal Flaw of Zack Snyder's Man of Steel
Superman: Heroes #1 has a warm, heroic exchange that fixes the biggest flaw in Zack Snyder's opening entry in the DCEU, Man of Steel.
Expensive components drive PS5 production costs to $450 per unit
Retail price of Xbox Series X will be deciding factor in PlayStation 5 price tag
Romanian economy slows down to 4.1 percent in 2019
The Romanian economy slowed down to 4.1 percent last year, after 4.4 percent in 2018 and 7.1 percent in 2017, show flash estimates released by...
Canada hopeful Iran will provide black boxes from downed airliner: Champagne
Canadian Foreign Minister Francois-Philippe Champagne says he sees progress in persuading Iran to relinquish the black boxes from the Ukrainian jetliner that crashed near Tehran last month.
Lime Asset deliberately deceived investors in awareness of losses: FSS
South Korean fund operator Lime Asset Management and its seller Shinhan Investment deliberately duped investors by concealing their losses and continuing the sale of the related products, the watchdog Financial Supervisory Service said Friday. Based on an intermediary inspection and accounting audit, the FSS estimated that two of the disputed parent funds may suffer losses of up to 730 billion won ($617.5 million). ...
Rising garlic price cannot be blamed on coronavirus: Business watchdog
As some suggest the coronavirus outbreak may be behind the sharp rise in garlic prices, the competition watchdog is not having any of it, blaming importers instead.
German economy stagnates in sign of Europe's difficulties
FRANKFURT, Germany (AP) — Growth ground to a halt at the end of the year in Germany, Europe’s largest economy, as manufacturing remained in a slump and exports fell, official figures showed Friday.The flat reading underlines the challenge facing the broader eurozone economy as it struggles against headwinds from the U.S-China trade dispute and Britain's departure from the European Union.Both the German and eurozone figures were the weakest since 2013, when the region was suffering from a debt crisis that nearly spelled the end of the euro currency.Germany's state statistics agency said Friday there was zero growth in the fourth quarter and a mediocre 0.6% increase for the whole year.
'Stay Alert' call to business as Coronavirus impacts spread across NZ economy - ABC
Importers and exporters should talk to their shippers - both sea and air - and keep informed as knock-on effects of China’s coronavirus hit New Zealand.
Top headlines: SC shocker for telcos, wholesale inflation rises, and more
From SC's rejection of telcos' plea for new schedule for AGR payments to wholesale inflation rises to 3.1% in January, here are the day's top headlines
Construction Activity Can Signal When Credit Booms Go Wrong
The risk of a bad boom- where a rapid credit growth episode is followed by a financial crisis or subpar economic growth -increases when there is also a boom in house prices.We find that signals from c
Apple Stock is a Tasty Breakout Candidate
Apple stock is itching to join the Nasdaq in overbought territory. Here's how to play the looming breakout with AAPL options.
JLL Reports Record Fourth-Quarter And Full-Year 2019 Results
NEW ZEALAND, 14 February 2020 – Jones Lang LaSalle Incorporated (NYSE: JLL) has reported outstanding operating performance for the fourth quarter and full year of 2019.
Replace your entire wage with dividends from ASX shares
You can replace your entire wage with dividends from ASX shares.
SpiceJet Q3 net profit soars 21% to Rs 78 crore despite 737 MAX troubles
SpiceJet reported growth in air transport services during the December quarter, as segment results for the period almost doubled to Rs 115.05 crore from Rs 58.55 crore from the year-ago period
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
Govt Hikes Fuel,Adjusts Electricity Prices
The government followed up their January increase on electricity prices by adjusting February prices by...
Netherlands: GDP grew 0.4% in all quarters of 2019 – ABN Amro
Gross domestic product (GDP) increased in the fourth quarter in the same numbers as did in the previous quarters of 2019. Senior economist at ABN Amro
This is how long it will take for the wind industry to add energy to the grid
SAWEA has asked for clarity on the planned sequence, to ensure that momentum is not lost.
German Economy Slumps, Exports Fall, Underlines Eurozone Woes
Growth ground to a halt at the end of the year in Germany, Europe´s largest economy, as manufacturing remained in a slump and exports fell.
Singapore woos world’s biggest money managers with new law
The law, known as the Variable Capital Companies Act, makes it easier for overseas and domestic entities to register funds in Singapore if they have a locally based fund manager.
Eurozone Prelim GDP arrives at 0.1% QoQ in Q4 vs. 0.1% expected
After Germany flirted with a recession in the final quarter of 2019, the Eurozone economy steadied in the fourth quarter, the latest figures released
IHS Markit Teams to Use Credit Benchmark’s Credit Analytics Tools for its Securities Financing Platform
IHS Markit has confirmed that it has teamed up with Credit Benchmark in order to use the company’s credit risk analytics tools for its securities financing so
Premarket: European shares scale record even as coronavirus shows no signs of peaking
Hopes of government stimulus support shares globally
Warning over transport disruption as UK braces for Storm Dennis
Winds of up to 70mph and severe downpours are forecast.
NZD/USD extends sideways grind below 0.6450 ahead of US retail sales data
After rising toward the 0.6500 handle on the back of the Reserve Bank of New Zealand's hawkish policy outlook on Wednesday, the NZD/USD pair lost its
Ringgit lower against US dollar in early trade
KUALA LUMPUR: The ringgit opened lower against the US dollar in early trade today on weak buying interest due to weaker-than-expected fourth-quarter 2019 gross domestic product (GDP) results.
China’s startups on the ropes after virus freezes funding
A backlash against Chinas tech champions in 2019 had begun damping a decade or more of go-go optimism and investment that fueled one of the fastest and largest creations of wealth the world has seen.
Pipeline protests expected today, governments to meet with First Nations
Anti-pipeline protests that have severed vital freight and passenger rail links across Canada could heat up today, with the added threat of activists planning to shut down government offices in British Columbia's capital.
Treasury Market Flashes New Warning As Real Yields Go Negative
Real yields for key maturities in inflation-indexed government bonds (TIPS) have slipped into negative terrain lately.It comes as no surprise to learn that the 10-year TIPS rate is plumbing depths bel
Nissan shares tumble to ten-and-a-half year low after earnings rout; Renault also suffers
TOKYO (Reuters) - Shares of Nissan Motor Co sank to their lowest in more than a decade on Friday, after deep cuts to the troubled Japanese automaker’s earnings forecast and dividend raised questions about its future profitability.
Forever 21's $81 Million USD Bankruptcy Deal Gets Preliminary Court Approval
“Clearly, this is the only bid, and the alternative is liquidation, which is certainly not in anyone’s interest.”
Beware oil execs in environmentalists’ clothing – BP could derail real change
If the company wants us to believe it can be part of the solution, it needs to stop drilling, says campaigner Alice Bell
RBS to rebrand as Natwest as bank posts £4.2bn profit under new boss Alison Rose
Royal Bank of Scotland reported profit of £4.2bn for 2019 today, beating predictions as new boss Alison Rose outlined a rebrand of the bank as Natwest.
Mark Carney sees silver lining in Brexit hit to economy
Mark Carney has said there may be a silver lining to Brexit and welcomes the Prime Minister's plans to address weak productivity.
Friday’s Insider Report: Chairman invests $1.2-million in this stock yielding nearly 5%
A look at recent notable transactions
Operto and Lightmaker announce partnership for next-generation enterprise property management
VANCOUVER, BC - Operto Guest Technologies has announced a partnership with enterprise property management software and trust accounting provider Lightmaker Property Manager (LMPM). By joining with LMPM, Operto will further enhance its range of technological solutions which provide operational efficiency and best practice for professional property managers, as well as an enhanced personalized and comfortable experience for guests. Operto provides property managers with a software platform to manage access, temperature control and noise/occupancy monitoring that streamlines operations and improves the host/guest
No quick fix to pipeline protests, Trudeau says, as rail links severed
Prime Minister Justin Trudeau says there are no easy answers to the dispute over a British Columbia pipeline project that has sparked Indigenous protests at vital rail links across Canada.
Bigg Boss 13: KRK Makes SHOCKING Revelation, Says Salman Khan Does NOT Want Sidharth Shukla To Win; In Fight With Makers
A lot of celebs watch Bigg Boss 13 and one of them is Kamaal R Khan aka KRK. The season is very close to finale and fans can't wait to know who will win the current season. The final contestants for t
Cost of upgrading three fire stations balloons to £20million
There are "unforeseen costs" which were not anticipated at the early stages
FIRS boss, Nami discloses why FIRS failed to meet revenue target under Fowler
The reasons why the FIRS failed to attain its tax revenue projections under former Executive Chairman, Babatunde Fowler, has been disclosed.
Renault reports first net losses in a decade for 2019 on lower sales
Renault said in a statement it suffered net losses of 141 million euros ($152 million)
Aviation finance sector looking vulnerable
High aircraft values and low lease-rate factors which do not reflect the commercial and operating risks facing airlines leave the aviation finance industry in a vulnerable state in 2020, says Scope Ratings. Scope expects little change to lease-rate factors in the first half of the year. The slowdown in the global economy will rub off on the aviation industry. More airline defaults and further consolidation are likely in 2020, though stability in oil prices will help the industry keep costs under
IEA sees first drop in global oil demand
Global oil demand will drop this quarter for the first time in more than a decade as the coronavirus batters China's economy, the International Energy Agency said. The new estimates show that oil markets face a significant surplus despite the latest production cuts by OPEC and its partners. Crude already sank to a one-year low below $50 a barrel last week, and the impact of the epidemic will be felt throughout the year, the agency said. "Demand has been hit hard by the novel coronavirus and the widespread shutdown of China's economy," the Paris-based IEA said. "The crisis is ongoing and at this stage it is hard to be precise about the impact.
Renault sales and earnings drop in tough market
France's Renault saw its sales and earnings drop last year and says 2020 will be tough due to the need for investment in new technologies just as the market is shrinking.
German Economy Grows at Weakest Pace Since Crisis as Coronavirus Hit Looms
Pound Sterling (GBP) Live: Outlook Forecasts and Latest News presented in rolling live format
EUR/CHF: SNB does not find love in prices – Rabobank
The Swiss National Bank (SNB) has the mandate to maintain CPI inflation near 2% on a yearly basis but is currently running at just 0.2%. CHF’s strengt
City road closure permits holding up rail work | Honolulu Star-Advertiser
The award of what is expected to be the largest public works contract in city history has been delayed in part because the city rail authority hasn’t been able to obtain city permits for work along the rail line, according to a consultant that is overseeing the rail project for the federal government.
Rupee slips 2 paise to 71.33 against US dollar in early trade
The rupee had settled at 71.31 against the US dollar on Thursday.
Hana Financial signs W77b deal to acquire The-K Non-Life
Hana Financial Group said Friday it had inked a sales and purchase agreement with the Korea Teachers’ Credit Union to buy a 70 percent stake in The-K Non-Life Insurance for 77 billion won ($65.1 million). This is the first acquisition deal for Korea’s third-largest banking group since the takeover of Korea Exchange Bank in 2013. The-K Non-Life will become the 14th affiliate and second insurer arm t...
Adani group signs agreement with AAI for development of three airports
In 2018, the government decided to privatise airports at Lucknow, Ahmedabad, Jaipur, Mangaluru, Thiruvananthapuram, and Guwahati
CannTrust names new CEO
CannTrust Holdings Inc. says it has appointed its chief financial officer, Greg Guyatt, to be its CEO as the company works to come back from the fallout of its operation of unlicensed grow rooms.
Former Bellamy’s director Jan Cameron charged after ASIC investigation
Former Bellamy's Australia director Jan Cameron will appear in the Hobart Magistrates Court on criminal charges after an investigation by the Australian Former Bellamy's director Jan Cameron failing to disclose her full interest in the infant formula company when it listed on the ASX in 2014, according to the corporate watchdog.
Kobe Bryant: Investigation reveals how pilot was distracted during flight
Ara Zobayan, the pilot of the Sikorsky S-76B helicopter that crashed on January 26 in Calabasas, killing Basketball Legend, Kobe Bryant; his daughter, Gianna and seven others was distracted while o...
Traders suspend imports from China
Kampala, Uganda | THE INDEPENDENT | Traders who import most of their goods from China say they have been unable to send money for goods or fly to China as most factories supplying them are closed due to the outbreak of the coronavirus. This will likely have an impact on the prices of most of the …
Mobile BNZ Brings Banking And Low Interest Loans To Northland
BNZ Chief Customer Officer, Paul Carter, says, “Mobile BNZ ensures our customers in Northland will have the opportunity to have a quality face-to-face conversation with one of our people.
Flywire Buys Simplee to Tap into Healthcare Payments, Raises $120M
Flywire announced on Thursday its acquisition of Simplee, a healthcare technology platform, aiming to enter the medical payments arena.
Warren Buffett loves using Valentine's Day to explain why See's Candies is his 'dream business'
"See's Candies means getting kissed," Buffett said in 1998. "If we can get that in the minds of people, we can raise prices."
Tesla prices its second offering of stock at US$767 apiece
Tesla priced its second offering of stock at US$767 apiece Friday.
Canada hopeful Iran will provide black boxes from downed airliner: Champagne
MUNICH — Canadian Foreign Minister Francois-Philippe Champagne says he sees progress in persuading Iran to relinquish the black boxes from the Ukrainian jetliner that crashed near Tehran last month.
Teranga secures approvals to acquire stake in Massawa Gold Project
Teranga has secured approvals to proceed to conclude the previously announced acquisition of a 90% stake in the Massawa Gold Project in Senegal, Africa.
Machines are now formally part of knowledge economy
The China court ruling that gave copyright protection to AI-generated content opens many doors, but also poses a volley of questions
Belarus Threatens To Tap Oil From Russian Pipeline
President Alyaksandr Lukashenka has said Belarus would start taking oil from a transit pipeline if Russia does not supply its neighbor with the required volumes of crude, the state news agency BelTA reports.
Volkswagen to launch network of ultra-fast charging points
WOLFSBURG, Feb 14 — Volkswagen is teaming up with E.ON to create a new network of ultra-fast charging points for electric vehicles which will provide enough power for a range of 200km in just 15 minutes. The goal of the new project is to create a dense infrastructure of rapid charging points,...
Capgemini plans quarterly appraisals for entry-level workforce
To add 25,000 techies this year through mix of campus and lateral hires
Israel/OPT: UN List Of Settlement Businesses Offers New Hope For Accountability
The publication of a UN database which lists more than 100 companies involved in business activities in illegal Israeli settlements is an important step towards accountability in the Occupied Palestinian Territories (OPT), Amnesty International said today.
Blame game over 830-mn-euro settlement in VW's German diesel cases
Consumer representatives and car giant Volkswagen each blamed the other Friday for a breakdown in talks over a settlement for 400,000 German customers in the firm's "dieselgate" emissions cheating scandal.
Alan Titchmarsh joins Flying Scotsman in reopening of historic railway line
Celebrity gardener Alan Titchmarsh was joined by Flying Scotsman for the official reopening of a heritage steam railway.
The Refined Investor Series 2020 promises to provide actionable insights for investors
The Refined Investor Series, reputed for high-level conversations is well attended by high profile business leaders and investors- and this year is no different as Fine & Country West Africa will be collaborating with PwC and Udo Udoma & Belo-Osagie as knowledge partners to execute what has been described as one of the most anticipated & insightful Real Estate events for the upper quartile market in Nigeria.
Trump wants $1.5 bn over 10 years to revive US uranium production
US uranium production has plummeted 96 per cent in the last five years, the US Energy Information Administration reported Thursday
I-T Dept notifies forms for companies to avail lower corporate taxes
CBDT has notified Forms 10-IC and 10-ID for existing companies that want to avail lower I-T rate and new manufacturing firms, respectively
Tesla raises $2 billion in secondary stock offering priced at $767 a share — 5% below where it's trading now
Tesla will sell 2.65 million shares of common stock for a price tag of $US767 a share, the company announced Friday. That’s a 4.6% discount on Thursday’s closing price.
Canada hopeful Iran will provide black boxes from downed airliner: Champagne
Canadian Foreign Minister Francois-Philippe Champagne says he sees progress in persuading Iran to relinquish the black boxes from the Ukrainian jetliner that crashed near Tehran last month.
Consulting firms lead recruitment at IIM Bangalore
The lateral and final placements for the PGP Class of 2018-20 of the Indian Institute of Management Bangalore (IIMB) saw 518 offers, leading to all 428 students who appeared for placements being placed over three interview days.
India's curbs on Malaysian palm imports stir up edible oil trade
"A rebalancing is happening in the palm oil market," says a Mumbai-based dealer with a global trading firm.
Canadian officials helping in Japan after 12 Canadians contract virus on ship
MUNICH — Foreign Affairs Minister Francois-Philippe Champagne says Canadian health workers are assisting in Japan after 12 Canadians contracted the novel coronavirus while on a cruise ship.
Anglo takeover becomes Sirius' last hope as alternative falls through
Embattled UK miner Sirius Minerals said today that it had dropped an alternative funding scheme to its takeover by Anglo American as it was unviable.
CannTrust names new CEO as it works to restore licences lost from non-compliance
VAUGHAN, Ont. — CannTrust Holdings Inc. says it has appointed its chief financial officer, Greg Guyatt, to be its CEO as the company works to come back from the fallout of its operation of unlicensed grow rooms. The Vaughan, Ont.
NZX profit reflects growth in capital markets
The NZX says its full year result reflects the stellar performance of the capital markets over the past year, with momentum expected to drive growth in the coming year. The capital market operator's net profit rose 25.7 percent to $14.6 million in the year to December, and rose 7.1 percent on continuing operations. The market operator said it spent most of its capital investment to upgrade the NZX trading system and NZX Wealth Technologies over the past year. NZX chair James Miller said the 2019 results showed encouraging earnings growth, assisted by strong growth in the local market, which rose more than 30 percent over the year. "This extends the excellent run of New Zealand's sharemarket over the past decade," Miller said, noting the NZX's share price had increased 42 percent over that period.
Retirement hack: cheap dividend stocks could make you a million
Buying undervalued income shares could boost your chances of generating a seven-figure portfolio.
Market movers: Stocks seeing action on Friday - and why
A roundup of some of the North American equities making moves in both directions today
Consumers Turn To Unattended Retail For Speed, Shorter Lines
The February 2020 Future of Unattended Retail Report: Vending as the New Contextual Commerce examines what consumers expect from advanced UR encounters.
CBSE 10th & 12th exam to begin from February 15; here's what to know
The examinations for the Class X will be held from 15TH February 2020 to 20TH March 2020 and Class XII will be held from 15TH February 2020 to 30TH March 2020. Elaborate arrangements have been made for smooth conduct of the exams, said Anurag Tripati, Secretary of CBSE in a statement.
Jet buyers back Boeing-Embraer deal as Airbus expands reach
SINGAPORE — Some of the world’s biggest aircraft buyers are urging the European Union to clear Boeing’s tie-up with Embraer, fearing Embraer’s commercial aviation business would struggle on its own now Airbus has swallowed its main competitor in regional jets.
Huawei checks its supply chain for "CIA-controlled" companies -
Huawei checks its supply chain for "CIA-controlled" companies. The Chinese manufacturer found that none of these companies are in its supply chain
Canadian officials helping in Japan after 12 Canadians contract virus on ship
MUNICH - Foreign Affairs Minister Francois-Philippe Champagne says Canadian health workers are assisting in Japan after 12 Canadians contracted the novel co
Asian plane makers struggle to take off in crowded market
Asian plane makers have thrown huge sums at building jets but flagship projects have suffered repeated setbacks, and they face a tough time breaking into a market dominated by established players.
New Volkswagen Golf 8 GTD to gain ‘significant increase in performance’
Volkswagen has confirmed the new Golf 8 GTD will be revealed at Geneva, promising the diesel hatch will gain a “significant increase in performance”.
'A smart move': Here's what 4 Wall Street analysts are saying about Tesla's $2 billion common stock offering
Tesla announced on Thursday plans to raise $US2 billion in funds through a common stock offering.
Software Maker Toast Raises Funds at $4.9 Billion Valuation
Toast Inc., which makes point-of-sale technology for restaurants, raised $400 million at a $4.9 billion valuation in a fundraising round led by investors including Bessemer Venture Partners and TPG.
Elanco seeks clearance to acquire Bayer's animal health business
The Commerce Commission has received a clearance application from Elanco Animal Health Inc. seeking clearance to acquire Bayer AG’s animal health business.
ONGC Q3 net halves on fall in oil, gas prices, output
State-owned Oil and Natural Gas Corp (ONGC) on Friday reported halving of its December quarter net profit after it faced the double whammy of falling oil and gas prices and a drop in production. Standalone net profit in October-December at Rs 4,152
Breaking: Lagos closes 16 companies over N126.19m tax evasion
The Lagos State Internal Revenue Service(LIRS) on Friday announced that it had closed 16 companies in the state over alleged failure to
Sindh govt plans to recruit pricing magistrates to curb inflation
KARACHI: The Sindh government on Friday decided to recruit price control magistrates to take action against hoarders and rising commodities’ prices.Speaking on the matter, Sindh Minister for Agr
Coronavirus inflicts growing toll on China’s health workers
A new coronavirus has taken a growing toll of Chinese health workers on the front line of the fight to stop it, a top official said on Friday
Exports decline 1.7% in January, trade deficit widens to $15 billion
During the first 10 months of the current fiscal, while exports contracted 1.9%, imports shrank 8.1%.Of the 30 major items in India’s export and import baskets, 21 export items and 17 imported goods fell
Brexit investments paying off for UK mining companies
UK mining sector earnings have increased by over £2bn since the UK voted to leave the EU in June 2016, according to analysis of the latest ONS figures.
CannTrust names new CEO as it works to restore licences lost from non-compliance
CannTrust Holdings Inc. says it has appointed its chief financial officer, Greg Guyatt, to be its CEO as the company works to come back from the fallout of its operation of unlicensed grow rooms.
Goyal suggests ideas to stakeholders for promoting sale of tribal products
Citing an example, he said cricketer M S Dhoni can be a brand ambassador for a tribal product of Jharkhand
Exxon Mobil: A Great American Company With A 5.66% Dividend Worth Investing In
Exxon Mobil has increased its dividend for 37 consecutive years and with yields closing in on 6% it is an income lover's dream.Exxon Mobil is positioning itself for the future as its recoverable resou
On heels of quarterly loss, Nissan again slashes full-year outlook amid economic uncertainties
After posting only its first third quarterly loss in 11 years, Nissan Motor Co. on Thursday again cut its annual profit forecast due to weak demand and eco
Tesco 'unlawfully' blocked rivals from opening nearby stores, CMA finds
Tesco has been told to stop illegally blocking rival supermarkets from buying its land or leasing nearby sites by the [...]
Demand for "Organic" Products is Growing, But Consumers Do Not Necessarily Understand What the Term Entails
Product labels offer valuable information, particularly as consumers become increasingly concerned about what is contained in the products they buy. With growing demand for clean, green, and eco-friendly products, many manufacturers have placed increased emphasis on how they market their products, b
Aldi is about to increase the price of its bag for life up to 15p
Stores will also scrap single-use produce bags
No quick fix to pipeline protests, Trudeau says, as rail links severed
Prime Minister Justin Trudeau says there are no easy answers to the dispute over a British Columbia pipeline project that has sparked Indigenous protests at vital rail links across Canada.
#SONA2020: Renewable energy sector celebrates pledge to bid window 5
The South African Wind Energy Association, along with the broader renewable energy sector have welcomed the announcement that bid window 5 will open soon.
United Bancorporation Of Alabama: Annual Update On Alabama's Southern Banking Belle
United Bancorporation of Alabama has exceeded most of our expectations over the last two years. The company's operating performance has benefited from some nonrecurring items, especially awards relate
Goods exports dip 1.6% to $25.97 b in Jan; trade deficit at $15.17 billion
Coronavirus outbreak, persisting protectionism add to exporters’ woes
GSA and NIC hold sensitisation forum on Cargo Insurance Draft Protocol
news, story, article
Corruption and mismanagement to blame for SA poor economy - Cosatu
Reacting to President Cyril Ramaphosa's SONA, Cosatu warned the government not to outsource its developmental obligations to the private sector.
CPP Investment Board posts 3.6 per cent rate of return for its third quarter
TORONTO — The Canada Pension Plan Investment Board says it earned a return of 3.6 per cent during its most recent quarter, after expenses. Net assets for the Toronto-based fund manager grew to $420.4 billion as of Dec. 31, up from $409.
Insured losses from storm Ciara could near $2 billion, RMS estimates
(Reuters) - Total insured property losses from storm Ciara, which was named Sabine in Germany, could be between 1.1 billion and 1.8 billion euros ($1.2 billion-$1.95 billion), catastrophe risk modeling firm RMS estimated on Friday.
Dr David Wachira: From Adversity to The World Bank Helm [VIDEO]
But it is the achievements of David Wachira, a man flying the Akorino flag high in Washington D.C. that truly highlights the relative ignorance of the Kenyan populace...
3 Defense Stocks for Geopolitical Turmoil
International conflict can bring investing opportunities. Here are three defense stocks to consider in these uncertain times.
RBS profit surges, as bank's new CEO sets climate goal
Looking to the future, Rose said "climate, and the role we can play in accelerating the transition to a low carbon economy" was among her "initial areas of focus where we can make a substantial impact".
Kering Turned Over Approximately $17.15 Billion USD in 2019
With Gucci contributing approximately $10.42 billion USD alone.
The Friends Central Perk LEGO Set is Back in Stock
The iconic Friends NBC series began its 10-year run in September of 1994 and went on to become a [...]
Hong Kong unveils cash handouts as virus deepens economic woes
Hong Kong leader Carrie Lam says the government will dip into its financial reserves – some of the world's healthiest – to give cash subsidies to sectors hit hardest by the crisis
145M Valentine’s Day cards expected to be exchanged this year
According to the Greeting Card Association and Hallmark, roughly 145 million Valentine's Day cards are exchanged each year.
Canadian officials helping in Japan after 12 Canadians contract virus on ship
Foreign Affairs Minister Francois-Philippe Champagne says Canadian health workers are assisting in Japan after 12 Canadians contracted the novel coronavirus while on a cruise ship.
EUR/USD New York Price Forecast: Euro off 34-month lows post-US Retail Sales
EUR/USD is trading in a weak bear trend below the main daily simple moving averages (SMAs) as the quote is bouncing off 34-month lows. The US Retail Sales Cont
Street Dancer 3D Box Office Day 21: Varun Dhawan-Shraddha Kapoor Starrer Closes Its 3rd Week Run On A Poor Note
Street Dancer 3D Box Office: Varun Dhawan-Shraddha Kapoor starrer Street Dancer 3D has turned out to be a passable affair at the ticket windows. With collections faring extremely low during 3rd week,
Tesla Sold Shares at Steepest Discount It’s Ever Given Investors
Tesla Inc. investors who got in on Thursday’s share sale received the steepest discount the electric-car maker has offered in its 10-year history as a public company.
Museveni lauds Vision Group on Harvest Money expo
I applaud the Vision Group for bringing us together to learn and showcase different products and available resources and technologies for us to advance the agricultural...
Eight planes put on lockdown at Heathrow over coronavirus fears
A passenger of United Airlines flight was 'taken to the back of the plane' after falling ill.
Canadian health workers assisting in Japan after 12 Canadians contract coronavirus on cruise ship
Some 3,500 passengers on the ship are under quarantine and 218 people have tested positive for the coronavirus
Pulses import may fall 60% next fiscal on good crop expectations: IPGA
There would be lower imports next year also because traders might not be able to buy from overseas market, taking advantage of loopholes in the import quota order
Sensex, Nifty fall for 2nd day as banking, auto stocks slide
Banking shares tumbled following the Supreme Court taking a strong note of non-compliance of its order asking telcos to pay ₹1.47 lakh crore in statutory dues.
Volkswagen to shut coal-fired power stations at main factory to cut CO2
FRANKFURT (Reuters) - Volkswagen (VOWG_p.DE) is shutting down two coal-fired power stations at its main plant in Wolfsburg, Germany and has declined offers to sell them to cut down the company’s carbon dioxide emissions, Chief Executive Herbert Diess said on Friday.
CBDT notifies 10-IC, 10-ID forms for firms to avail lower corporate taxes
Form 10-IC will have to be filed by the companies that wish to avail the beneficial rate of 22 per cent upon relinquishment of the exemptions/incentives offered under the Income Tax Act.
Jitters infect trading, Fed withdraws
A large increase in reported coronavirus infected patients saw European and US investors step away from shares in overnight trading. Initial jitters were eased by a WHO official’s statement that the increase was simply a full accounting of cases so far. US indices recovered and made gains, until the US Federal Reserve announced it was tapering its repurchase agreement program, effectively withdrawing liquidity.
Carney says business must come clean quickly on climate
LONDON, Feb 14 — Bank of England Governor Mark Carney called on the world’s businesses to publish strategies for cutting carbon emissions and adopting cleaner power sources by November, when world leaders meet in Scotland for UN-led climate talks. “It’s not just green assets and divestment...
Tax dept notifies forms for firms to avail lower corporate taxes
In September 2019, the govt announced a cut in base corporate tax for existing companies to 22% from the current 30%.The effective tax rate for existing units will be 25.17% as compared to 34.94% now
Puerto Rico Falls Prey To $4M Online Fraud
Fraud News: An online scam targeted $4 million in retirement funds from at least four Puerto Rico agencies, according to reports on Thursday (Feb. 14).
Takumi Appoints Mary Keane-Dawson as Group Chief Executive to Accelerate Growth
Following a year of rapid growth, Takumi appoints Mary Keane-Dawson as group chief executive.
Vijay Mallya says ED, CBI have been ‘totally unreasonable’
Beleaguered tycoon requests banks to take back 100% of the principal amount
EU launches anti-dumping investigation on China aluminum products
LONDON — The European Commission has opened an investigation into whether China is dumping aluminum extrusions, products widely used in transport, construction and electronics, in the European Union, it said on Friday.
Binance Adds 15 Fiat Currency Options for Purchasing Crypto
Binance’s debit and credit card partner Simplex is now offering 15 more fiat currencies that are supported for purchasing Bitcoin, Ether and others.
RBS changes name to NatWest in bid to shed legacy of bailout
The majority state-owned U.K. bank RBS announced a name change on Friday as it tries to leave behind its near-collapse during the 2008 financial crisis.
Independent traders in Mersey town offering fortnight of £5 deals
Shoppers can enjoy £5 deals on everything from food and alcohol to accessories and beauty treatments
‘Grinding Into Her Buttocks’: PNC Bank to Pay Millions to Black Employee After Allegedly Failing to Protect Her from White Customer’s Harassment
PNC Bank could have to pay a pretty penny to settle a case of workplace sexual harassment after a former employee says the bank failed to shield her from
Aldi is about to increase the price of its bag for life up to 15p
Stores in the Midlands will also scrap single-use produce bags
China's Xi: Ensuring safety and health of people is a major task
"We need to mend the loopholes exposed in this coronavirus outbreak," China's President Xi Jinping told the Chinese state television on Friday. "Ensur
PM Modi in Varanasi on Sunday; to launch over 30 projects
According to the PM's Office, PM Modi would flag off IRCTC's 'Maha Kaal Express' through a video link. The first overnight private train in the country will connect three Jyotirling pilgrim centres of Varanasi in Uttar Pradesh, and Ujjain and Omkareshwar in Madhya Pradesh. He would also dedicate to the nation the Pandit Deendayal Upadhyaya Memorial Centre.
Private firms to invest Rs 3,000 cr in MP, to create 14,000 jobs
The announcement in this regard was made by Madhya Pradesh Chief Minister Kamal Nath during the textile and garment sector round table held here
Greece wants NATO to halt migration influx from Turkey
Greek City Times Article
Aphria Stock Isn’t Profitable Enough to Be Worth the Risk
Aphria's results indicated that its profitability is weakening. As a result, Aphria stock is unattractive at this point.
Work begins on new Applegreen filling station at Dundalk Retail Park - Talk of the Town
Construction work has begun on the new Applegreen filling station at Dundalk Retail Park. Contractors have moved in in recent days to begin groundworks on the site, located in front of the existing KFC drive thru. ‘Coming soon’ posters have also been erected on site outlining that the Applegreen is on the way and will...Read More→
Report: Middle East and Africa’s Blockchain Spending to Surge 400% by 2023
The International Data Corporation projects that Middle East and Africa’s blockchain spending would surge from $21 million in 2019 to $105 million by 2023.
India’s pulses import may fall 60% next fiscal: IPGA
There would be lower imports next year also because traders might not be able to buy from overseas market, says IGPA Chairman
Kresna goes about business as usual despite reports of problems related to Jiwasraya
The Financial Services Authority (OJK) has denied reports that investment management firm PT Kresna Asset Management (KAM) and life insurer PT Kresna Life are under investigation by the Attorney General’s Office (AGO).
EUR/USD Price Analysis: The focus shifted to the 1.0814 level
The sell-off in EUR/USD seems to have met some (lasting?) contention in the 1.0830/25 band, or new 2020 lows recorded during early trade. The increasi
Is your Valentine's Day diamond a FAKE? Expert reveals a simple trick to prove your engagement ring is the real deal with a sheet of white paper and a pen
FEMAIL spoke to Tobias Kormind, founder of 77 Diamonds, who revealed how to test a diamond by drawing a black line on a piece of paper and placing it on top to see if the mark shows through.
Reverend Richard Coles receives Valentine's Day from late partner
David passed away in December after a long illness.
Poland: No hurry to raise interest rates – ABN Amro
Economists at ABN Amro analyze the outlook for the Polish economy in 2020, which is expected to grow at a slower pace. EUR/PLN is dealt at 4.2426 as h
Renault reports first net losses in decade for 2019
Renault also took a hit from a decline in the financial contribution of a likewise struggling Nissan
Kalki Koechlin Shares Pic Of New Born And Boyfriend On Valentine's Day; Says Couldn't Ask For More
New mommy in town Kalki Koechlin recently shared an adorable picture of the father-daughter duo, Guy and Sappho on Valentine’s Day. The actress thanked her partner and can’t stop gushing over her little one in her latest Instagram post. Picture shared by Kalki has her daughter resting on Guy’s chest looking cute as a button, melting our hearts
Vin Diesel Says A Female Fast & Furious Spin-Off Is Happening
After much anticipation, the first trailer for Fast & Furious 9 dropped last month, and it didn't disappoin...
Vijay Mallya says ED, CBI been ‘totally unreasonable’
Lord Justice Stephen Irwin and Justice Elisabeth Laing, the two-member bench presiding over the High Court appeal, will hand down their verdict at a later date.
Nigeria has potential to feed Africa’s 1.2 billion people — Ecobank
Ecobank says Nigeria has the capacity to feed Africa’s estimated 1.2 billion people if it harnesses the gains of the agricultural value...
Falling Oil Prices An Economic Warning Sign
Global demand has already been falling for the last several months, and oil prices are sending warnings that market hopes for a global reflation are likely not a reality.Falling gasoline prices have h
Former Anglo finance chief Willie McAteer expelled from accounting body
Membership of Chartered Accountants Ireland revoked and payment of €15,000 towards tribunal costs agreed
Income and Growth Investors Will Benefit as CVS Adopts Managed Care
CVS stock should attract both income and growth investors as it leads the trend of managed care against competitor UnitedHealth.
CBDT notifies forms for firms to avail lower corporate taxes
The move comes after the government had slashed corporate tax rate last year in September as a measure to boost economic activity. The base corporate tax for existing companies was brought down to 22% from the current 30% while for new manufacturing firms, the tax was reduced to 15 per cent from the current 25 per cent.
Adani Enterprises signs 50-year agreements with AAI for 3 airports
Having won bids, AEL had also set up a subsidiary Adani Airports Ltd which would operate, manage and develop the airports
MAX 737: SpiceJet considering Boeing compensation offer for grounded planes
The no-frills carrier has been impacted by the grounding of its 13 Boeing 737 MAX planes since March last year as it is incurring various costs related to the aircraft
RBI’s lending push amid inflation to crimp fixed deposit (FD) returns
Soon after the RBI monetary policy review earlier this month, banks dropped their fixed deposit rates. Mint explains the implications of the RBI action
The Market Place: Sky Bet Movers, Price Boosts and Trader Tip
Penny Marlow at Fakenham is the best-backed horse of the day with Sky Bet. We have all the movers, Price Boosts plus a traders' tip.
Minister: Malaysia to cut red tapes, streamline investment process
KUALA LUMPUR, Feb 14 — Malaysia will be undertaking extensive reforms of the investment process to improve the ease of doing business for both foreign and domestic investors, the Ministry of International Trade and Industry (MITI) said. “Investors can expect red tape to be cut, bureaucracy to...
ED, CBI have been treating me 'totally unreasonably': Vijay Mallya
His lawyers told the British High Court this week that he had been the victim of the airline industry's misfortunes and had no fraudulent intentions behind seeking loans for his now-defunct airline.
FIRS: Tax waivers, illicit flows responsible for low revenue
The FIRS says it has not been able to meet its revenue target because of non-discretionary tax waiver grants and illicit financial flows
Citing Covid-19 ‘emergency’, DPM says mask makers can hire more migrant workers to ramp up output
PUTRAJAYA, Feb 14 — Putrajaya is allowing local manufacturers of face masks to recruit more foreign workers to meet rising market demands over the novel coronavirus (Covid-19) outbreak here. Deputy Prime Minister Datuk Seri Dr Wan Azizah Wan Ismail said the manufacturers pled for a relaxation in...
Petrol, diesel prices up
KUALA LUMPUR, Feb 14 — The retail prices of RON97 and RON95 petrol will be higher by two sen per litre, at RM2.36 and RM2.06, respectively, for the week beginning midnight tonight up to Feb 21. A Finance Ministry statement said the price of diesel will be higher by six sen per litre,...
Edelweiss Q3 profit drops 93% to Rs 17 crore; debt-to-equity ratio improves
Consolidated expenditure of the company increased to Rs 2,598.06 crore in Q3FY20 over Rs 2,439.14 crore in Q3FY19.
Tata Motors supplies Tigor EVs to Gujarat Vij Company
Tata has stepped up its efforts in the e-mobility segment and delivered the first batch of EVs in Gandhinagar and Ahmedabad. Click to know more.
Watch: More Than 4 Construction Workers Trapped Under Partially Collapsed Taman Desa Building
Hopefully, authorities will move swiftly and take necessary action to save these construction workers as soon as possible before the structure collapses even further! https://www.facebook.com/myedgeprop/videos/784561648731520/?v=784561648731520 It's recently been reported that an apartment under construction partially collapsed in the Taman Desa area, shocking all citizens living in the area. While it…
Aircel-Maxis cases: ED, CBI file status report of investigation
The Enforcement Directorate and the CBI filed a status report of their investigation into Aircel-Maxis cases before a Delhi court on Friday.
The Multibillion Dollar Canal Carving a Rift Through Erdogan's Turkey
The largest infrastructure project Turkey has ever undertaken is angering environmentalists, opposition politicians and potentially Moscow
Varoufakis promises to release alleged recordings of 2015 Eurogroup sessions, after 'snub' by Greek parliament president
Controversial former Greek finance minister Yanis Varoufakis, who convincingly re-emerged on Greece's political scene after the July 2019 elections as the leader of a small Parliament-represented party, on Friday promised to release what he said are tape-recorded sessions of Eurogroup meetings in 2015.
German economy stagnates as eurozone records weakest growth in seven years
Germany and the eurozone also face the possibility of disrupted trade with Britain, which left the EU on January 31
Ghent-based uman.ai raises €500K to map employees’ work skills
The Belgian startup uman.ai, whose software helps teams to share skills more efficiently, has just announced raising €500K. The round was led by imec.istart, Skyhaus (parent company of a.o. ML6) and Roel Naessens (ex-Google), and additionally, the startup received innovation grants from VLAIO. With the funds raised, uman.ai wants to develop its platform further and set up a high-performance go-to-market strategy.
Frontline CEO Robert Hvide Macleod On Crude Tanker Markets (Podcast Transcript)
As part of the Virtual Tanker Forum, Value Investor's Edge Live hosted Robert Hvide Macleod, CEO of Frontline.Macleod discussed the dynamics of the crude tanker markets, their scrubber installation pr
The New Mutants Star Says Movie Got a 'Bad Rep' Due to Disney/Fox Merger
Numerous delays gave The New Mutants a bad reputation, but star Maisie Williams is happy with the final product.
The IMF will Present the Results of its Regular Mission to Bulgaria
The International Monetary Fund will present the results of its regular mission to Bulgaria. Experts have been in the country since February 4, and traditionally, they have had a number of meetings with government representatives, BNB, business and non-governmental organizations.
SpiceJet shares climb nearly 6% after Q3 results
In the 2018 December quarter, the carrier recorded a profit of Rs 55 crore.
Alviva shares crash 25% as ICT distribution comes up short
Shares in technology distribution group Alviva Holdings tumbled more than 25% in intraday trading in Johannesburg on Friday after it shocked investors with a profit warning.
Bigg Boss 13: Did Asim Riaz Leave The Show After Taking The Money Bag? Truth BUSTED
Bigg Boss 13 finalist Asim Riaz is known as one of the potential winners on the show. Today, a message from Asim Riaz’s handle was shared on social media asking fans to not believe any rumours that the finalist took the money bag. With many rumours spiralling, Asim’s supporters ask fans to continue voting for their champ and make him the winner
Mike Bloomberg once said taking too much money from the rich and giving it to the poor was a bigger problem than income inequality, Business Insider - Business Insider Singapore
Business Insider - "I think income inequality is a very big problem. But the bigger problem is, you can take money from the rich and move it over to the poor," he said.. Read more at businessinsider.sg
Foreign investors in row over Lebanese debt
Ashmore has locked horns with other creditors, including Pimco
US January industrial output falls on weather, Boeing drop
WASHINGTON, Feb 14 — US industrial production fell 0.3 per cent in January as unseasonably warm weather held down the output of utilities and Boeing Co slowed production of civilian aircraft, the Federal Reserve said today. The Fed said manufacturing production fell 0.1 per cent in January,...
Dan Loeb’s Third Point Discloses $115M ViacomCBS Stake
The hedge fund also revealed that it cut its holdings in Fox Corp. by more than 37 percent, and acquired a $130 million stake in Amazon.
India needs urgent structural reforms: IMF
India urgently needs more ambitious structural and financial sector reform measures and a medium-term fiscal consolidation strategy due to the rising debt levels while ensuring a more accommodative fi
Stoffel Vandoorne to be Mercedes reserve driver
Former McLaren driver Stoffel Vandoorne will combine his duties in Formula E with the role as Mercedes reserve driver. The rumour surfaced earlier today but the man himself has now confirmed the news on Twitter.
Adani group, AAI ink pacts for managing three airports
Adani group, AAI ink pacts for managing three airports Mumbai, Feb 14 ( PTI) Adani Group on Friday inked agreements with the Airports Authority of India (AAI) for the management, operations and development of Ahmedabad, Mangaluru and Lucknow airports. "Today, as we sign the concession agreements for Mangaluru, Lucknow & A'bad with the AAI, its the beginning of another historic journey catering to India's exponential airport infra demands," Adani Group chairman Gautam Adani said in a tweet.
Activities & street closures for Krewe of Janus Mardi Gras Parade on February 15
Street closures have been announced for the Krewe of Janus Mardi Gras Parade on Saturday, February 15.
PAN to become inoperative after March 31 if not linked with Aadhaar: Income Tax Dept
PAN will become inoperative if it is not linked with Aadhaar by March 31, the I-T department has said.
In the Face of New, 100% Tariffs, What Spirits to Stock Up On Now
Whiskies, cognac, Campari, bottles of Champagne—America’s favorite European wine and spirits may soon be out of reach for consumers
PAN to become inoperative after 31 March if not linked with Aadhaar: Income Tax department
The deadline for linking of PAN and Aadhar has been extended several times and the current deadline ends on 31 March, 2020.Till 27 January, 2020, over 30.75 crore PANs have already been linked to Aadhaar.
CPPIB reports 3.6% rate of return after expenses in third quarter
Net assets for the Toronto-based fund manager grew to $420.4 billion as of Dec. 31, up from $409.5 billion at the end of the previous quarter.
The casino hub of Macau will give residents money to keep its economy going during the coronavirus pandemic
Macau will give permanent residents 2.2 billion patacas, equivalent to $US274.9 million, to boost its economy once the deadly coronavirus outbreak subsides, according to officials.
USD/TRY: CBRT rate cut will not impact the lira – TDS
The Central Bank of the Republic of Turkey (CBRT) will announce on Wednesday, 19 February its policy rate. A rate cut is expected for economists at TD
‘Most powerful and clean’ new Volkswagen Golf GTD teased
Power will go up from the 130 kW in the Mk 7.5 to 147 kW, the same as what the Mk V GTI produced.
Covid-19 hits Chinese health workers as economy limps back to life
BEIJING, Feb 14 — The new coronavirus has infected 1,700 Chinese health workers and killed six, authorities said today, as businesses struggled to balance containment measures with a return from an extended post-holiday break. Authorities reported 5,090 new cases in mainland China, including more...
Flash floods, hail, rain: Nightmare for Friday commuters
Hail, flash flooding and heavy rain are expected in Melbourne on Friday afternoon, just as commuters head home for the weekend.
GoAir appoints Vinay Dube, former Jet Airways chief, as new CEO
In recent weeks the airline has been facing challenge due to delays in deliveries of aircraft and spare engines resulting in cancellation of flights
Delta will invest $1 billion to become first carbon-neutral airline
Delta will invest $1 billion over the next decade in an effort to become the world's first carbon-neutral airline, the company announced Friday.
Manufacturing industry still shrinking despite some January growth
The manufacturing industry is off to a sluggish start with the sector in contraction for the second month in a row. The BNZ-Business New Zealand Performance of Manufacturing Index was 49.6 for January, up on December's 49.3. A reading above 50 points to expansion. BNZ senior economist Craig Ebert said despite the figure, it was still a decent outcome. "Very precisely it's a contraction, but in the broad scheme of things it's pretty much stable.
US core retail sales unchanged in January
WASHINGTON, Feb 14 — US consumer spending appears to have slowed further in January, with sales at clothing stores declining by the most since 2009, which could raise concerns about the economy’s ability to continue expanding at a moderate pace. The Commerce Department said today retail sales...
The Drive-Thru: The companies revolutionising retail, All-Star Weekend approaching, and layoffs at Wayfair, Walmart, and Kohl's
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Indian Overseas Bank to focus on MSME-lending: CEO
Laying more focus on the MSME segment, Indian Overseas Bank (IOB) will increase its lending to the sector from ₹31,000 crore at present to ₹50,000 crore in a couple of years from now, said a top offi
"I Want The Bag" By Cap Gold
Now available worldwide, Cap Gold's “I Want The Bag” provides a framework of how the rapper plans on supplementing his rise.
FG shares N8.15 trillion with states, others in 2019
N8.15 trillion of the Federation Account distributions was reportedly shared by the Federal, States and Local Governments in 2019.
Street's Most Famous Bear Worries Retail Investors Don't Appreciate Corporate Debt Risk
Albert Edwards gave an interview to Bloomberg this week, and much of the discussion centered around the risks embedded in investment grade debt.There's a ton of nuance to this discussion, and I want t
Indonesia: BI to stay on hold – Standard Chartered
Indonesia will release trade data on 17 February and the Bank of Indonesia (BI) will hold its monthly meeting on 19-20 February. Economists at Standar
Gold Price Analysis: XAU/USD trading in 10-day highs near $1580.00/oz
XAU/USD is trading in a bull trend above the main daily simple moving averages (SMAs). Gold is rising in a bull channel while the market is being supported ab
Coronavirus scare leaves China's empty restaurants selling off stocks
Wang Chuanchao shuttered his restaurant in central Beijing three weeks ago as the scare over the coronavirus epidemic in country kept customers ...
Modell’s Brings On Advisers Amid Slumping Sales, Online Competition
Modell's Sporting Goods has brought on a trio of advisers with the inclusion of a chief restructuring officer in response to disappointing sales.
HealthifyMe collaborates with online grocery players to tap wider markets
A pilot project in partnership with Swiggy to deliver healthy food launched in Gurgaon; mental wellness segment on anvil
Lewis Burton shares Valentine’s Day message for girlfriend Caroline Flack
It has been reported that the couple are legally not allowed to see one another
Consumer Sentiment Soars on Improved Optimism and Best Income Gains Since 1960
Consumer sentiment climbed again in early February, moving toward the highest level in 15 years. | Economy
Vodafone's India operation on brink of bankruptcy after court ruling
India's Supreme Court has rejected an application to delay the payment of billions of dollars in backdated taxes and penalties that bankrupt Vodafone Idea.
Best-ever January for housing market as mortgages, house sales skyrocket
Turkish house sales jumped 55.8% year-on-year in January, the best-ever start to the year for the housing market, according to a national statistical body...
Japanese Regulator Blacklists AAFX, Justforex and GlobePro
The Kanto finance bureau of Japan’s Ministry of Finance (MoF) on Friday reminded the public to exercise caution when dealing with affiliates or introducing brokers of unregulated FX companies.
FG to get N245.6bn China loan for section V of East-West road
The Federal Government has applied for N245.6 billion loan ($800m) from the China Exim Bank for the construction of the Section V of the
Government willing to do more beyond Budget to boost growth: Finance Minister Nirmala Sitharaman
The finance minister had similar interactive sessions in Mumbai, Chennai and Kolkata last week.
Fiat Chrysler halts production in Serbia over China disruption
MILAN, Feb 14 — Fiat Chrysler (FCA) said today it had temporarily halted production at its Serbian plant due to disruptions related to components sourced from China, where businesses have been hampered by the outbreak of a new coronavirus. Planned downtime at the Kragujevac plant in Serbia, where...
HubSpot: A Growth Stock For The Long Term
Shares of HubSpot rocketed up more than ~7% after the company reported Q4 results and released FY20 guidance.The company is also projecting continued strong ~25% y/y revenue growth in FY20.Perhaps mor
Lonestar Resources: Likely To Be Overwhelmed By Debt Burden And Interest Costs
Lonestar is capable of maintaining production in 2020 while generating a bit of positive cash flow. Its high interest costs prevent it from being able to scale up more though. With debt at 3.9x unhedg
Gold: Investors keep the bright metal with fondness
The yellow metal is ending the week with modest gains around $1,575.00 a troy ounce, recovering some of the ground it lost in the previous one. Valeri
Shell confirms Singapore Covid-19 case, sends staff home after another scare
SINGAPORE, Feb 14 — Shell said today a contractor working at its Singapore refinery had contracted Covid-19, as the city state reported its biggest jump in new cases so far. The oil giant said earlier it had sent some staff home from its main office in Singapore after discovering another employee...
Japan: GDP to have turned negative – Standard Chartered
Japan is scheduled to release preliminary Q4 GDP data on 17 February, trade data for January and core machine orders for December on 19 February and C
Lawmakers open groundwater fight against bottled water companies
Washington state, land of sprawling rainforests and glacier-fed rivers, might soon become the first in the nation to ban water bottling companies from tapping spring-fed sources.
Plant 100 saplings, court tellsIndustries and Commerce Director
Planting of 100 saplings has been prescribed as punishment to the State Industries and Commerce Director for the non-compliance of a court order. A Single Judge of the Kerala High Court issued the ord
Telecom firms told to pay Rs 1.47 lakh crore dues by midnight, hours after SC pulls up government
Airtel has informed the telecom department it will deposit Rs 10,000 crore by February 20, and the remaining amount ‘well before’ March 17, said media reports.
Tesco under fire for blocking rival stores opening nearby
Tesco has come under fire for stifling competition in the grocery market for up to 10 years, preventing rivals from opening stores near their own. The competition watchdog said it first approached the country's largest supermarket chain on the issue in 2018 after uncovering evidence it had been stopping landlords from letting property to rivals The Competition and Markets Authority (CMA) said the supermarket may have reduced competition by unlawfully leaning on its landlords not to rent nearby sites to rivals, leaving shoppers worse off. The watchdog stopped short of fining Tesco because it is unable to do so under current rules.
S&P 500, Dow little changed amid Covid-19 worries; Nvidia forecast buoys Nasdaq
NEW YORK, Feb 14 — The S&P 500 and the Dow barely moved today, as worries over an economic hit from the coronavirus outbreak refrained investors from making big bets ahead of a long weekend, while gains in Nvidia shares kept the Nasdaq in positive territory. Adding to the downbeat sentiment...
Compensation from Boeing over 737 MAX grounding key to SpiceJet operations
Incentives crucial for its survival as 737 MAX grounding stalls expansion plans
Free delivery, free food and discounts: local eateries fight plunging business amid coronavirus fears, Business Insider - Business Insider Singapore
Business Insider - F&B brands Business Insider spoke to said they were adopting new measures to attract customers, mainly centred around delivery and discounts.. Read more at businessinsider.sg
Apple Should Pay Store Employees for Overtime Due to Bag Searches – Court
California Supreme Court has ruled that Apple owes millions to its Apple Store employees for the time that they spend for bag searches.
Shree Cement's Dec-quarter pre-tax profit up 2.8% at Rs 409 crore
PBT in Q3 of the last fiscal year stood at Rs 398.5 crore
Lewis Burton shares Valentine’s Day message for girlfriend Caroline Flack
It has been reported that the couple are legally not allowed to see one another
Strong will to take Turkish-Pakistani trade, economic ties to new heights
Ankara and Islamabad look to benefit from the increasing trend in recent years and raise their bilateral trade volume to $1 billion in short-term, before eventually increasing it to $5 billion
No quick fix to pipeline protests, Trudeau says, as rail links severed
Prime Minister Justin Trudeau says there are no easy answers to the dispute over a British Columbia pipeline project that has sparked Indigenous protests at vital rail links across Canada.
Tax reform, policy uncertainties to cause oil drop in Nigeria, WoodMac warns
A new report by consultancy firm, Wood Mackenzie, has disclosed that Nigeria’s crucial energy sector could experience a 35% decline in oil output.
Eveready's Dec-quarter pre-tax profit jumps on asset sale to Rs 110 crore
The pre-tax profit, adjusted against the one-time land sale and separation costs, remained flat at Rs 21.20 crore
Could Micron Stock Run Up to Its 20-Year-Old High Near $97?
MU stock is trying to repeat the breakout it had in 2017. If so, there could be enough upside potential to possibly break a 20-year-old high.
Africa's wealthiest man, Aliko Dangote, acquires additional shares worth $3.99 million in his Cement business
Africa's wealthiest man, Aliko Dangote, has acquired additional shares worth $3.99 million (N1.45 billion) in his publicly-listed company, Dangote Cement.
ONGC's Dec-quarter PBT halves to Rs 5,998 cr on fall in oil, gas prices
Standalone net profit in the period at Rs 4,152 crore was 49.8 per cent lower than Rs 8,263 crore net profit in the same period of the previous fiscal year
Stock investors say Ramaphosa’s speech was too light on details
Market participants will look for answers in the budget speech.
As Boeing jets sit idle, Airbus can’t make planes fast enough
The troubles plaguing Boeing after the yearlong grounding of its 737 Max plane have created an unusual opening for its chief rival, Airbus, to swoop in and grab business. There’s just one hitch: Airbus is in no position to benefit.
Southwest's premium business card is offering a record-high welcome bonus of up to 100,000 points, but it won't last long
100,000 points leaves you just 25,000 points shy of qualifying for the Companion Pass. This offer is only available for a limited time, so don't wait.
The casino hub of Macau will give residents money to keep its economy going during the coronavirus pandemic
Macau recently shut down its casinos, the city's primary industry. It has stemmed an outbreak of the coronavirus and hopes to keep the economy afloat.
Dieselgate: VW offers to pay €830m, but talks break down
Volkswagen is facing significant costs five years after its dieselgate scandal after compensation talks collapsed in Germany's largest collective lawsuit.
Xiaomi Mi 10 Sells Out in Just 60 Seconds but Future Stock May Be in Short Supply for a Limited Time
Xiaomi has revealed that the first batch of the Mi 10 series was sold out within a minute of going live in China
Cosatu says SA seeks to cut 30 000 state jobs, freeze pay
That’s part of the state’s proposal to reduce its wage bill, according to the union.
Storm Ciara expected to cost up to £200m in insurance claims
Experts at PwC say Storm Dennis likely to add to damage with 140mm of rain predicted
EFCC, NYSC hold anti-corruption awareness rally in Lagos
The Economic and Financial Crimes Commission (EFCC) and the National Youth Service Corps (NYSC) on Friday held an anti-corruption rally
Vivo to invest in local manufacture, expansion
Firm embarks on ₹7,500-crore plan
2019 brings first and highest current account surplus since 2001
Turkey achieved a higher-than-expected current account surplus in 2019, its first and highest surplus since 2001, official data showed Friday. Having...
Argos sign Canadian DB Colquhoun
The Toronto Argonauts announced today that they have signed Canadian Arjen Colquhoun. The 27-year-old defensive back joins Argonauts after spending three seasons with the Edmonton Eskimos, where he recorded 16 defensive tackles in the 2019 season.
Jes Staley’s Jeffrey Epstein issue is just the latest Barclays tangle
Here’s why running this particular British bank is like riding a rollercoaster
West Coast Express to resume after pipeline protests block rail tracks overnight
The demonstration was in support of Wet’suwet’en members who oppose Coastal GasLink
Warren Buffett just lost $1 billion in 2 days after Kraft Heinz disappointed again
Warren Buffett lost more than $US1 billion this week after Kraft Heinz stock plummeted 11% in two days.
Pound-to-Dollar Rate Retreats from Greenback but Charts Point Higher
The British Pound vs the US Dollar: GBP/USD News and Conversion Level for Pounds to Dollars
German economy flatlines after spending and exports slowdown
GDP growth at 0% for final quarter of 2019 with no upturn forecast in the short term
Irish firm signs €40m deal to supply European and UK markets
An Irish food company has signed a €40m deal with Lidl, which will see it supply its Irish, Eur...
Google Pixel 5 XL spotted with an "unique" triple-camera setup
A new render emerged revealing the deisng of the unreleased Google Pixel 5 XL. The handset will boast a triple-camera setup with Ultra-Wide Angle module.
IMF's Georgieva: Coronavirus is big uncertainty today for world economy
The coronavirus outbreak is a big uncertainty for the world economy, International Monetary Fund's (IMF) Managing Director Kristalina Georgieva said o
In-form Dublin clubs kick off busy weekend of AIL action on Friday night
Meanwhile, table-toppers Con visit bottom club Ballynahinch
States Reject Opioid Makers’ $18 Billion Settlement Offer
21 U.S. states are rejecting an $18 billion offer by McKesson Corp. and other opioid distributors to resolve nationwide litigation over their handling of the highly addictive painkillers, according to people familiar with the talks.
AOC says the quiet part out loud about Medicare for All: It has virtually no chance of becoming law right away, Business Insider - Business Insider Singapore
Business Insider - Her comments highlight a possible pivot available to Bernie Sanders: Fight for sweeping change but accept modest reform from a polarized Congress.. Read more at businessinsider.sg
UN experts: North Korea enhances nukes and illicit trade
UNITED NATIONS (AP) — U.N. experts say North Korea has increased imports and exports of banned and restricted goods such as coal and petroleum products as it continues to enhance...
Finance technology takes lion's share of investment in 2019
Fintech startups worldwide managed to attract over 30% more investments last year compared to 2018, taking the lion's share of investment deals, while fintech startups in Turkey inked 17 investment deals worth $8.4 million
RCom Q3 consolidated loss widens to Rs 10,598 cr, income slips to Rs 263 cr
The company had posted a loss of Rs 238 crore in the same period a year ago
BP Pledges to Go Carbon-Neutral—How Remains an Open Question
The oil major says it will eliminate or offset all its emissions—roughly equal to those of Australia—by 2050
3 High-Growth Stocks That Could Soar
Redfin, PetIQ, and Beyond Meat all have upcoming catalysts to propel their shares higher.
IMF and World Bank say poverty-stricken Somalia is eligible for debt relief
The IMF and World Bank have said that Somalia is eligible for debt relief under the Enhanced Heavily Indebted Poor Countries (HIPC) initiative.
Germany unlikely to stoke stuttering eurozone coffers
Germany entered 2020 with a flatlining economy and manufacturers in distress, leaving it ill prepared for continued trade uncertainty and the new coronavirus threat.
Brandon Lewis: I want to deliver on powersharing deal
The new Northern Ireland Secretary said he wanted to build on promises made by his predecessor Julian Smith last month.
This Is How The New Delhi Railway Station Will Be Transformed Under The Redevelopment Programme
Here’s how it will look after the station redevelopment project is complete.
DMart share sale sees 3 times subscription, investors bid for 45 mn shares
The stock fell 5.6 per cent to end at Rs 2,401 in secondary market trade. A further 1.5 million shares meant for retail investors will be auctioned on Monday.
Minister calls for framework to close gender gap in energy sector
news, story, article
NPP Aspirant advises delegates not to be swayed by monetary gains
news, story, article
Do Not Sell AT&T After The Share Price Rally
In view of the price increases, investors wonder whether AT&T is now overvalued.This question can be approached from different perspectives and the answer depends, as always, on personal strategy.And
Karnataka is aligned with PM Modi’s$ 5 trillion economy aim: CM
Yediyurappa inaugurates Invest Karnataka-Hubballi Conference
Plans go in for new Newtown Aldi store
A new supermarket is set to be built on the site of a former car dealership.
Leftist Pipeline Protests Shuts Down Canadian Rail Networks
Two Canadian rail networks are suspending trains as protestors continue blockades against a natural gas pipeline project.
Lewis pays tribute to predecessor as a ‘good friend’
Julian Smith was sacked as Northern Ireland Secretary during Thursday’s Cabinet reshuffle.
Vellore entrepreneurs welcome capital subsidy increase
The Vellore District Micro and Small Entrepreneurs Association (VDMSEA) has welcomed the budget proposal for an increase in subsidy for investments in MSMEs. In a press release issued here, VDMSEA pre
Lewis pays tribute to predecessor as a ‘good friend’
Julian Smith was sacked as Northern Ireland Secretary during Thursday’s Cabinet reshuffle.
4 signs it's time to switch banks
If you've been with your bank since you were born and never considered switching, it may be time to take a look at your options.
FTSE 100 ends week lower after week AstraZeneca, RBS results
UK blue-chip shares fell for a second day on Friday after AstraZeneca and RBS reported underwhelming results, while investors remained unsettled because of concerns over the impact of the coronavirus outbreak on the global economy.
Paramount Group, Inc. (PGRE) CEO Albert Behler on Q4 2019 Results - Earnings Call Transcript
Paramount Group, Inc. (NYSE:PGRE) Q4 2019 Earnings Conference Call February 13, 2020, 10:00 ET Company Participants Robert Simone - Director, Business Development & IR Albert Behler - Chairman, CE
Brandon Lewis: I want to deliver on powersharing deal
The new Northern Ireland Secretary said he wanted to build on promises made by his predecessor Julian Smith last month.
Delta unveils 10-year plan to become world's 1st carbon-neutral airline
Feb. 14 (UPI) -- Delta Air Lines, the world's second-largest carrier, announced plans Friday to mount an ambitious 10-year strategy during which it will spend at least $1 billion and become the world's first carbon-neutral airline.
Ag markets turn mostly lower Friday
Investors could remain on the sidelines until the March Prospective Planting Report, one analyst says.
Young minds to fuel the growth of the pharma sector
Young minds to fuel the growth of the pharma sector
Amazon axes delivery partners in U.S.; hundreds of jobs cut
An Illinois company that rapidly expanded over the past two years to deliver packages for Amazon.com Inc. is shuttering operations in five states and letting go hundreds of drivers after failing to meet the e-commerce giant’s standards.
Ex-Barca Boss Prefers Australia To EPL
Former FC Barcelona manager Ernesto Valverde has been strongly linked with a move to the Premier League, but the 56-year-old has surprisingly revealed that he has other plans for his future.
Rangers release statement over outstanding £2.8m owed to them by kit supplier Hummel
Rangers have released an official statement over the outstanding money owed to them by kit supplier Hummel.
Lewis pays tribute to predecessor as a ‘good friend’
Julian Smith was sacked as Northern Ireland Secretary during Thursday’s Cabinet reshuffle.
Tesco illegally stopped landlords renting out sites near its stores to rivals, a watchdog found
It blocked rivals from opening stores in 23 locations across the UK - including one in Wales
Salaries and wages commission develops five-year strategic plan
Ifeanyi Onuba, Abuja The National Salaries Incomes and Wages Commission has developed a five-year strategic plan to enable it achieve its mandate. The Acting Chairman of the Commission, Ekpo ...
Boeing to extend labor contract with engineer's union by four years
U.S. planemaker Boeing Co said it has agreed to a tentative deal with its engineers' union to extend its labor contract by another four years.
UD cuts pace of budget growth by $10 million, searches for new savings
— University of Dayton leaders say the school remains strong, but it needs to be nimble in facing demographic and population challenges that impact universities in Ohio and beyond.
Here's The Street Car Glickenhaus Needs To Build To Race At Le Mans
They’re really going for it, aren’t they? The Scuderia Cameron Glickenhaus team has stepped up with a commitment to run in the World Endurance Championship’s Hypercar class as a manufacturer. Today the team unveiled the street car version of its race car....
Up 60% the Last 6 Months, This Cloud Company Just Boosted Its Growth Prospects
Important new partnerships will materialize over the next few quarters.
Get ready for global economy's dreadful future: Save more, work longer, and expect less
Ultra-low and negative interest rates are taking hold in countries where economic growth has been sluggish.
Report: The PS5's Manufacturing Cost Is Enormous
Hoping that the PS5 might hit the $499 mark or something nice and affordable in Australia? You might want to park those hopes, with a new Bloomberg report revealing that the cost of materials for the PS5 has skyrocketed....
Canada: CPI inflation is projected to firm to 2.4% in January – TD Securities
Previewing next week's macroeconomic data releases from Canada, "CPI inflation is projected to firm to 2.4% in January on a combination of a 0.3% m/m
British Tesco executive, 50, dies while paddle boarding off of Lanzarote
Ofer Deshe, 50, was pulled out of the sea by surfers after getting into difficulties off spectacular Famara Beach.
US manufacturing output hit by Boeing troubles, slips 0.1%
Excluding the production of airplanes and parts, factory production rose 0.3%.
City and province sign preliminary agreement to build four transit projects, including Ontario Line
The city and the province have officially signed off on a preliminary agreement that will pave the way for a nearly $30 billion transit expansion plan.
Pakistan has achieved all economic goals, IMF says
--Global financial body says 'govt has made considerable progress in last few months to advance economic reforms' The International Monetary Fund (IMF) on Friday announced that Pakistan
The US Air Force has updated and broadened its dress code to allow turbans, beards, and hijabs, Business Insider - Business Insider Singapore
Business Insider - Airmen were previously allowed to make a request for religious accommodations, but they were granted on a case-by-case basis.. Read more at businessinsider.sg
Foretold: Hyundai Prophecy Is Yet Another Glimpse of the Brand’s Future
Bound for next month's Geneva Motor Show, the Prophecy hints at the shape of electric Hyundais to come.
Supreme Court orders Indian telcos to pay $13bn or face action
The court has threatened contempt proceedings against the companies and Department of Telecommunications government officials for non-compliance with that ruling.
Irish whiskey sales in US on the up as American spirits exports plunge due to tariffs
It marks an even better year for Irish whiskey than 2018 when US sales topped $1 billion for the first time ever.
SC threatens contempt against Bharti Airtel, Voda over non-payment of dues
The Supreme Court on Friday threatened contempt proceedings against top executives of Bharti Airtel, Vodafone Idea and other telecom firms for failing to comply with its directive to pay an estimated Rs 1.47 lakh crore in past dues, and asked whether there was no law left in the country.
Ballincollig shopping centre damaged after car strikes supporting pillar
It is understood that a car struck and demolished a supporting pillar for the roof of retail units next to Quish's SuperValu in Ballincollig.
Consumer Spending Drives Jan. Retail Sales Boost
News: Retail sales, which are an indication of purchases at restaurants, stores and online, rose a seasonally adjusted 0.3 percent last month from December.
No talks on opening up poultry and dairy markets to US companies: Govt
International media reports on Thursday suggested that India had finally allowed market access to chicken legs from the US
Irish homeowners with €300k mortgage paying €229 more a month than euro area average
Irish homeowners with a €300k mortgage being repaid over 30 years are paying €229 more a month than their euro area counterparts, according to figures released today by the Brokers Ireland group.
Property Tax Parishkaram from tomorrow
GHMC will conduct tax adalats in the name of ‘Property Tax Parishkaram’ at its circle offices every Sunday, starting from February 16 to March 29.The sessions will review various petitions, court case
Popular WWE employee quits company out of the blue
This is quite a blow for WWE!
Rand firmer after Ramaphosa’s speech, stocks flat
South Africa’s rand firmed on Friday after President Cyril Ramaphosa set out brief plans to stimulate economic growth during his state of the nation address, although his speech was short on specifics and timeframes.
Airbus fined €3.6bn for global bribery scandal
One of Bristol's biggest firms used bribes to stack the decks in its favour and win contracts around the globe
Shell Singapore employees instructed to work at home over coronavirus concerns
Shell instructed a number of its Singapore employees to work from home for the time being after the company confirmed that one employee was in close contact with someone who tested positive for
German economy stagnates as eurozone growth reaches 7-year low
Germany, Europe’s largest economy, has recorded a zero growth between October and December, as manufacturing remained in a slump and exports fell.
PBAPP warns of looming water crisis in Penang, Kedah
GEORGE TOWN: The Penang Water Supply Corporation (PBAPP) has issued a third alert of a looming water crisis in the northern states after Kedah's Muda Dam water level dropped to a critical 7.44 per cent yesterday.
3 of the best ASX dividend shares to buy next week
Why I think income investors should buy Telstra Corporation Ltd (ASX:TLS) and these ASX dividend shares next week
Not Time To Buy KLX Energy Services Holdings
Telling a story about a wealthy CEO and cyclicality is not enough to overcome facts on the ground.The entire oilfield sector faces real headwinds well into the future.Ongoing losses mean this company
Amazon Prepares to Launch (Another) Grocery Store Chain
The e-commerce giant is trying something different that's ... sort of ordinary.
Global Investors Meet in November
The Global Investors Meet (GIM) aimed at attracting investments to Karnataka will be held in Bengaluru from November 3 to 5 this year.Union Minister for Parliamentary Affairs, Coal and Mines Pralhad J
Export of services rises 11.6% to $20 bn in Dec; imports up 10.3%
Surplus in trade services stood at $7.45 billion for December
N50.2bn Calabar-Odukpani-Itu Road dualisation ‘ll boost Economy – Presidency
SENIOR Special Assistant to the President on Niger Delta Affairs, Senator Ita Enang has said that the award of outstanding portion of dua
Dip In TrustCo Bank's Price Provides Opportunity
Earnings are expected to be unchanged in 2020 due to flat growth in net-interest income. Further, increase in non-interest income is likely to be countered by provisions charge.Quarterly dividend is e
Meghan Markle and Prince Harry Lay off 15-Member London Staff Amid Royal Exit
Meghan Markle and Prince Harry are currently residing in Canada after announcing their royal exit in January, and the couple has reportedly made a major change to their life in the U.K., letting go of all 15 staff members who served their office in Buckingham Palace.The Daily Mail reports that [...]
CBDT notifies forms for firms to avail lower corporate taxes
The income tax (I-T) department has notified forms for companies to avail the reduced corporate tax rates that were announced in September last year. The Central Board of Direct Taxes (CBDT) has
Dispensed: What to expect out of biotech M&A, Medicare Advantage enrollment in 2020, and what comes next for the DNA-testing industry
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Aircel-Maxis case: ED and CBI file status reports of inquiry into the Chidambarams
The directorate told a court in Delhi that an active inquiry was being conducted, while the CBI said it had sent a letter rogatory to Malaysia.
Delta to invest $1 billion to curb global air travel's climate impact
CHICAGO (Reuters) - Delta Air Lines Inc said on Friday it will invest $1 billion over the next decade in initiatives that would limit the impact of global air travel on the environment, the first airline to make a commitment of that scale.
NY Fed's GDP Nowcast drops to 1.4% for first quarter of 2020 from 1.7%
The US economy is expected to expand by 1.4% in the first quarter of 2020, the Federal Reserve Bank of New York's latest Nowcasting Report showed. "Ne
Canopy Growth shares surge after reporting smaller-than-expected loss
To pacify investors impatient for profits, Canopy and its rivals started the year by announcing a wide range of cost reductions
7 Micro-Cap Stocks That Could Double
Hidden micro-cap gems are hard to find, unless investors screen for value and strong revenue growth.
Iranians feel strain of turmoil and sanctions
Iran's economy has been battered since US President Donald Trump in 2018 abandoned an international nuclear deal and reimposed sanctions and a
GBP/USD Price Analysis: Pound easing from weekly high, trades above 1.3000 figure
Following the October and December bull-run, GBP/USD is trading in a rectangle consolidation above its 100/200-day simple moving averages (SMAs). The spot is e
Atlanta Fed's GDPNow drops to 2.4% from 2.7% for first quarter of 2020
The real gross domestic product (GDP) in the United States is expected to expand by 2.4% in the first quarter of 2020, the Federal Reserve Bank of Atl
CPP Investment Board posts 3.6 per cent rate of return for its third quarter
The Canada Pension Plan Investment Board says it earned a return of 3.6 per cent during its most recent quarter, after expenses.
Gusts of up to 100km/hr and heavy rain forecast as weather warnings issued for coming days
Gusts of up to 100km/hr and up to 30mm of rain are forecast in parts of Ireland in the coming days as Storm Dennis batters parts of the country.
Alstom executive investigated over Italian train crash
ROME (Reuters) - Italian prosecutors have placed a senior executive of engineering group Alstom under investigation after a deadly high-speed train derailment in the northern Italian region of Lodi last week.
Exports contract for sixth straight month, trade deficit shoots up
While imports contracted by 0.7 per cent, the rate of fall was significantly lower than the 8.9 per cent contraction in inbound trade seen in December
Glencore secures five-year deal to supply cobalt to Samsung SDI
(This Feb. 10 story corrects to change title of initiative in paragraph 6)
Australia's First Hospital's Construction Was Paid for Exclusively through Rum Sales
In the early 1800s, Australia was faced with a lack of infrastructure, so one British general hatched an interesting idea to pay for the country's first hospital.
Biz EOD: No relief for telcos in AGR row; WPI inflation worst in 8 months; CCI defends probe against Amazon
Catch top stories from the world of business and economy with BusinessToday.In's end of day report
Sainsbury’s Introduces New C-Store Format; SHOWFIELDS To Open In Miami
Sainsbury's unveiled a new c-store format in London called On The Go, and used data to create the Mansion House store to meet the needs of busy city workers.
COBOL stays top of mind for businesses in 2020
Study finds over half of organizations plan to improve existing COBOL systems this year.
Risks Remain, but Amarin Stock Is a Buy at Today’s Prices
With the competition floundering, Amarin stock could soar if Vascepa lives up to expectations. There's plenty of upside left on the table.
EOBI increases pension money from Rs 5250 to Rs 8500 per month
EOBI increases pension money from Rs 5250 to Rs 8500 per month
Surge of visitors expected at Outlander filming locations as fifth series set to hit screens
Courier country locations used in the hit US TV show Outlander have been warned to expect a flood of visitors as the latest series hits the screens.
Pipeline protests expected today, governments to meet with First Nations
VICTORIA — Anti-pipeline protests that have severed vital freight and passenger rail links across Canada could heat up today, with the added threat of activists planning to shut down government offices in British Columbia’s capital. Protests continue as political leaders look to negotiate solutions, while business leaders, opposition politicians and ordinary people call for immediate action to end the disruptions, which …
“Stay Alert” Call To Business As Coronavirus Impacts Spread Across NZ Economy
Auckland Business Chamber head Michael Barnett said the plight of the education sector and its impact on many NZ communities was acknowledged.
Adani Enterprises hits 52-week high after it signs agreement with AAI
The stock rallied for the ninth straight day, up 17 per cent, against 3 per cent rise in the S&P BSE Sensex during the period.
Asian shares aim for second week of gains amid virus scare
Global shares eased on Friday, as investors were spooked by a sharp rise in the number of coronavirus cases in China this week while oil prices ...
German EcoMin: Economy is still experiencing a period of weakness
The German Economy Ministry is out with its assessment of the economy after the fourth quarter 2019 GDP showed stagnation. Key Quotes: German economy
Poundland sells 40,000 engagement rings just before Valentine's Day
Poundland has sold 40,000 engagement rings ahead of Valentine’s Day, the retailer has said. The discount giant claims to have sold almost twice as many engagement rings this year compared to last.
AGR-hit Vodafone Idea postpones Q3 conference call with analysts
The Supreme Court on Friday directed the top echelons of telecom firms to explain why contempt action should not be taken against them for non-compliance of its AGR order
Lotto bosses reveal shop where €17m EuroMillions ticket was sold
National Lottery bosses have revealed the County Mayo shop where the €17 million EuroMillions jackpot ticket was sold.
SpiceJet Q3 profit rises to Rs 73.2 cr, operational revenue up by 47%
"This profit is after a non-cash forex charge on account of Ind AS 116 of Rs 75.9 crore without which the profit would have been Rs 149.1 crore," SpiceJet said in a release.
European shares hit record even as coronavirus shows no signs of peaking
Stock markets across the world ticked higher on Friday, even as investors debated whether China's coronavirus outbreak would cause long-lasting ...
Japan: GDP will see a severe contraction – Westpac
Economists forecast a sharp drop in Q4 GDP for Japan, Westpac Institutional Bank reports. USD/JPY is trading at 109.805 after rising since the start o
Wells Fargo invests in crypto monitoring firm Elliptic
San Francisco-based banking giant Wells Fargo has invested US$5 million in British startup Elliptic, a provider of risk management systems for the cryptocurrency sector. The investment came from Wells Fargo Strategic Capital, the venture unit of the fourth-largest US bank by assets, as an extension of Elliptic’s US$23 million Series B funding round announced in…
The Australian Dollar Cheers RBA's Optimism but Virus Concerns Tipped to Weigh
The Pound vs Australian Dollar: Latest GBP/AUD Forecasts, News and Analysis
Jes Staley: Inside Barclays CEO’s Links With Jeffrey Epstein
It emerged on Thursday that British regulators are probing the chief executive of Barclays –one the country’s largest banks – over his relationship with the disgraced millionaire Jeffrey Epstein, who has been accused of trafficking hundreds of young women and underage girls for sex.
Ajimobi sues his successor Seyi Makinde, others over revocation of landed property
Oyo state governor, Seyi Makinde is currently being sued by his predecessor Senator Abiola Ajimobi over the revocation of the former governor’s landed property in Ibadan, the state capital.
Bailed-out RBS to rebrand as NatWest
Royal Bank of Scotland is calling time on its recent checkered past, rebranding as NatWest and setting out new goals to become a 'purpose-led bank' focused on enterprise, learning and climate.
PS5 costs £345 to manufacture, coronavirus not affecting production
An increase in the costs of components means the PlayStation 5 may end up costing more than Sony, and fans, had hoped.
Euro skids to new low ahead of GDP data, dollar shines
LONDON, Feb 14 — The euro eased to another nearly three-year low today as investors worried about slowing growth momentum in the euro zone ahead of an estimate of how its economy performed in the fourth quarter. The European single currency has lost 1 per cent so far this week and is on track for...
SpiceJet soars 10% on 21% YoY rise in net profit; B737 may return this year
On the operational front, Passenger Load Factor came in at 91.9 per cent in Q3, with the fleet size growing to 119 aircraft as on December 31, 2019.
Top NMC shareholder Muhairi quits board amid turmoil
Abu Dhabi-based healthcare group has faced turbulent time since report questioning finances
Pfizer Q3 net profit climbs 5%, operational revenue up at Rs 514 cr
The company had posted a net profit of Rs 131.94 crore for the corresponding period of the previous fiscal, Pfizer Ltd said in a filing to BSE.
After Lawrence Wong announces ‘strong package’ in Budget 2020, netizens respond with wishlist
After Lawrence Wong announces ‘strong package’ in Budget 2020, netizens respond with wishlist
Royal Bank of Scotland Group changing name to NatWest Group plc as most customers are in England
THE Royal Bank of Scotland Group announced it was renaming itself NatWest – as most customers are south of the border. The rebranding of the Edinburgh-based plc after 51 years is the first ma…
Sony struggling to set PS5 price after scarce components push cost to $450 – report
Sony is reportedly struggling to keep the cost of PS5 down.
India offers to open up poultry, dairy markets for trade deal with Trump
India, the world's largest milk-producing nation, has traditionally restricted dairy imports to protect the livelihoods of 80 million rural households involved in the industry
Economist magazine: A united Ireland is a ‘real and growing possibility’
Cover story suggests that everything has changed because of Sinn Féin’s success
'With Creation Of CDS & DMA, Synergy Among Three Services Will Get Fillip': Army Chief
Army Chief Gen Naravane on Thursday said with the office of the CDS and the DMA coming into being, the "synergy" among the three services will "get a fillip".
AfDB refutes World Bank President’s remarks on Africa’s debt profile
The AfDB responds to World Bank President's David Malpass recent remarks about multilateral development banks contributing to Africa’s debt profile.
Sarb moves to sell stake in African Bank
Sarb sees the disposal process being completed within 18–24 months after a suitable buyer is identified.
Reuters: Oil prices stabilize, set for weekly gain on hopes for supply cut
The Organization of the Petroleum Exporting Countries and its allied producers are considering cutting output by up to 2.3 million barrels per day.
Russian oil firms favor extending than deepening output cuts - S&P Global Platts
Citing the Chiefs of Russia’s oil giants, S&P Global Platts reports that a majority of the Russian oil companies back the case for oil output cut exte
AGR fallout: Telecom tariff may go up by 20-25%
Telecom tariffs may go up by 25 per cent, as operators try to recover the money they will pay out for settling the dues related to Adjusted Gross Revenue. The SC order directing the telecom companies
This store in Visakhapatnam provides greener alternatives to plastic packaging
Being mindful of the amount of plastic ending up at the city dump, Asya offers eco-friendly alternatives to packing gifts
S&P affirms India's rating at 'BBB-' with stable outlook
Fiscal deficits have exceeded the government's plan, S&P said, adding it expects limited consolidation over the next few years.
CGS-CIMB launches online trading platform for retail investors
With the launch of an online trading platform, PT CGS-CIMB Sekuritas Indonesia hopes to get more individuals to invest in Indonesia's stock market.
Ramaphosa unveils overhaul of South African energy industry
The government will invite private companies to submit bids to supply additional renewable energy to the grid.
Boeing to extend labor contract with engineer's union by four years
(Reuters) - U.S. planemaker Boeing Co (BA.N) said it has agreed to a tentative deal with its engineers’ union to extend its labor contract by another four years.
Fish On Friday to release new album in April
New album features both Nick Beggs and daughter Lula...
IOTA Network Brought to a Standstill as DevOps Team Investigates Trinity Wallet Bug
The IOTA Foundation has turned off the network after several Trinity wallet users had their funds drained. As per the announcement, most of the infected devices are running the Windows version of Trinity, and the attack is believed to be ongoing. IOTA Foundation has been criticized for its actions, claiming IOTA is a decentralized network and possessing the power to turn its network off at will, February 14, 2019.
TSMC becomes first Taiwan individual stock added to Global Islamic Indexes
Taiwan’s semiconductor manufacturing giant expects more business opportunities from Middle East
Warren Buffett loves using Valentine's Day to explain why See's Candies is his 'dream business'
Warren Buffett loves using Valentine’s Day to explain why See’s Candies is his “dream business.“
Vodafone faces potential collapse after SC orders telecom firms to pay Rs 1.47 lakh crore in a month
Shares of Vodafone Idea tanked on Friday following the Supreme Court verdict. It plunged 16.67% to Rs 3.75 around 2.30 pm.
BOE’s Carney sees silver lining after Brexit hit to UK economy
The outgoing Bank of England (BOE) Governor Mark Carney warned over the economic risks of the UK leaving the European Union (EU), in an exclusive inte
Pipeline protests expected today, governments to meet with First Nations
VICTORIA — Anti-pipeline protests that have severed vital freight and passenger rail links across Canada could heat up today, with the added threat of activists planning to shut down government offices in British Columbia's capital.
National Lottery reveals shop in Castlebar, Co Mayo which sold winning €17million EuroMillions jackpot ticket
It's surely the luckiest town in all of Europe!
India's curbs on Malaysian palm imports disrupts global edible oil trade
Malaysia's latest palm export data revealed the impact of India's restrictions, with shipments to India in January falling 85% from a year earlier to 46,876 tonnes, the lowest since 2011
7 ways supermarkets try to tempt you into spending more money
Wonder why you always end up making impulse buys at the supermarket? Here’s some of the tactics they use to get shoppers to part with more cash.
Pipeline protests expected to continue, governments to meet with First Nations
Anti-pipeline protests that have severed vital freight and passenger rail links across Canada could heat up today, with the added threat of activists planning to shut down government offices in British Columbia's capital.
Standard Life Aberdeen boss Keith Skeoch confirmed as new chair of Investment Association
Standard Life Aberdeen chief executive Keith Skeoch has been appointed as the new chairman of the Investment Association (IA), whose members manage some £7.7 trillion of assets.
Renault sales and earnings drop in tough market
PARIS (AP) — France's Renault saw its sales and earnings drop last year and says 2020 will be tough due to the need for investment in new technologies just as the market is shrinking.The company said Friday that it sold 3.8 million vehicles last year, down 3.4%, with revenue dropping about the same rate to 55.5 billion euros ($60 billion).That almost wiped out its net earnings, which amounted to just 19 million euros last year compared with 3.4 billion euros a year earlier.Interim chief Clotilde Delbos said "the visibility for 2020 is limited due to an expected volatility in the market.
Don C & Beats Craft Chicago-Inspired Studio3 & Powerbeats Pro Earphones for LeBron James
The basketball icon will gift these to his NBA All-Star Weekend teammates.
Govt willing to do more beyond Budget to boost growth: Nirmala Sitharaman
Sitharaman said that if required, the government would take more steps beyond Budget announcements.
Virus fears send Wall Street down after UK finance minister quits
China has been praised by the World Health Organization (WHO) for its transparent handling of the outbreak.