Economy 829
Zambia banks reap record profits from government debt
Stanbic posted a profit before tax and costs of 1.72bn kwacha last year.
Rand firmer after Ramaphosa’s speech
The rand was subdued following the delay caused by the EFF.
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
Microsoft, TCS, BrowserStack, Sprink top recruiters at IIM Ahmedabad
Including pre-placement offers (PPOs), the trio made 12 offers, the highest in the third cluster, followed by FinIQ with 11 offers.
Scale insects control cactus infestation in Esperance
Scale insects which the Department of Primary Industry and Regional Development released as biological control agents are helping wipe out damaging cactus inf...
Concern over raw sewage spill on Fish Hoek Beach
Residents of Fish Hoek have raised concerns after a sewage spill discharged into the lighthouse stormwater outlet on Fish Hoek beach.
Piyush Goyal accuses West Bengal govt of depriving people of benefits of central schemes
"Prime Minister Narendra Modi has directed that projects of any state will be completed on priority if land and other requisites are made available," Piyush Goyal said while inaugurating the first phase of the East-West Metro corridor.
Singapore PM says recession possible due to coronavirus outbreak
SINGAPORE — Singapore’s economy could enter recession due to the blow from the coronavirus outbreak, its prime minister said on Friday, adding that the city-state was bracing for a “significant” hit in the coming quarters.
Zuckerberg accepts Facebook may pay more tax outside U.S. - Politico
MUNICH — Facebook Chief Executive Mark Zuckerberg accepts that global tax reforms mean the social networking giant may have to pay more taxes outside of the United States, Politico reported, citing excerpts of a speech he is due to give on Saturday.
Copies of ‘anti-farmer’ Budget burnt in 19 Punjab districts
To facilitate MNCs and corporates, the Modi government has proposed cluster farming, one district one crop and one corporate for marketing, which will hit the farmers hard, the protesters said.
Cleanliness of wet markets only at 40pc, says minister
PASIR PUTEH, Feb 14 — The cleanliness level of most wet markets in Malaysia hovers around 40 per cent, said Housing and Local Government Minister Zuraida Kamaruddin. In view of this, she called on traders and customers to change their attitude and habits, especially...
The 5 Best Finance Apps For Your Phone
The Fintech revolution is upon us. A product of technological developments pushing financial services into the next (or, arguably, the current) realm, ‘Fintech’ has spawned countless apps, websites, services and solutions, many of which are aimed at improving the financial life of consumers who have previously...
Cashed up super funds hunt for buying opportunities
Unisuper and Hostplus say they are sitting on elevated piles of cash and any major sell-off in equity markets sparked by the coronavirus will come as a buying opportunity.
Facebook’s Zuckerberg wants ‘new framework’ for digital tax
Facebook founder and CEO Mark Zuckerberg on Friday backed moves by the OECD group of free-market economies to reform the way online giants...
Coronavirus: India Inc will shiver if China can't contain outbreak
Efforts to contain the coronavirus outbreak within next three to four months will be critical as it would determine the fate of many industries around the globe, including in India.
In like Flynn: Detector dog helps Revenue seize €280k thought to be proceeds of crime
Revenue officers have seized €280,000 in cash at Rosslare Port.
Eurostat figures show Ireland still languishes at the bottom for renewable home heating
Ireland continues to be the worst performer in Europe when it comes to using renewable energy for home heating.
EUR/USD: Love is in the bearish air
EUR/USD has been extending its losses, trading at the lowest since April 2017. Yohay Elam, an analyst at FXStreet analyzes the technical perspective o
GBP/USD faces a probable move to 1.3160 – UOB
In light of the recent price action, Cable could now move to the 1.3160 region, in opinion pf FX Strategists at UOB Group. Key Quotes 24-hour view: “A
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
EUR/USD: Extending losses
US consumer data will be the main focus today following disappointing German economy data, Yohay Elam from FXStreet reports. The EUR/USD pair is tradi
USD/CAD slides to mid-1.3200s, reverses Thursday’s positive move
The USD/CAD pair extended its steady intraday slide and refreshed daily lows, around mid-1.3200s during the early European session on Friday. The pair
Eight-phase panchayat bypolls in Jammu and Kashmir to be held in March 2020
Of the 11,639 vacant panch seats, 11,457 seats are in Kashmir and 182 in Jammu and of the 1,011 vacant sarpanch seats, 887 are in Kashmir and the remaining 124 in Jammu.
Telangana CM Chandrasekhar Rao decides to overhaul irrigation department to boost efficiency
The CM also performed puja at Triveni Sangamama at Kaleshwara Swamy temple.
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
Facebook's Zuckerberg wants 'new framework' for digital tax
Facebook founder and CEO Mark Zuckerberg on Friday backed moves by the OECD group of free-market economies to reform the way online giants are taxed worldwide, even if that means companies like his own ...
Open to bringing tweaks to budget and take steps beyond it, says FM Nirmala Sitharaman
Experts tell the Finance Minister that a Budget proposal could affect the demand for REITs and InvITs in India
HKTDC Helps SMEs Amid Unprecedented Challenges
HKTDC Chairman Dr Peter K N Lam said Hong Kong has experienced unprecedented challenges over the past year, affecting the local political, economic and social landscape, as well as people's livelihood. Given that Hong Kong's economic outlook is already subdued because of the ongoing Sino-United States trade dispute, the weak global economy and the local social unrest over the past months, the impact of the current coronavirus outbreak could be higher than that of SARS (Severe acute respiratory syndrome) in 2003, further weakening demand in retail and catering and affecting the job market in the first half of this year.
Misguided Attempts To Improve The Housing Situation
Today there have been calls to rehash the capital gains tax argument and restrict the ability for rental property owners to borrow funds. These are misguided calls.
Kinross Gold: Q4 Performance Puts The Company Back On Track
Kinross Gold reports Q4 2019 results.Higher gold price helps and the company delivers significant operating cash flow.Production guidance for the next year is slightly down from 2019 numbers, but Kinr
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.
TSX inches higher
Canada's main stock index resumed its upward trend in late morning trading despite decreases in the key energy and materials sectors.
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.
WOAN licence ‘likely’ to be awarded in 2021
President Cyril Ramaphosa reveals licensing of the government-proposed WOAN is likely to be completed sometime next year.
Revenue seizes €280k in cash from freight trailer in Rosslare
With the help of detector dog Flynn, Revenue officers seized the cash on Wednesday.
Beeping power bank in unclaimed bag triggers bomb scare in SC
The area outside Court 4, which remains usually crowded, was cordoned off for a while
Microsoft temporarily blocked from beginning Pentagon project
AWS had earlier alleged that the contract was awarded to Microsoft last October after US President Donald Trump exercised his influence over the country’s Defence Department.
Trains in the newly electrified Thanjavur-Tiruvarur broad gauge section can now operate
The Commissioner of Railway Safety (CRS), Southern Circle, Bengaluru, has given statutory clearance for passenger and freight train services on this section
ASOS PLC/ADR (OTCMKTS:ASOMY) Lifted to “Buy” at Berenberg Bank
Berenberg Bank upgraded shares of ASOS PLC/ADR (OTCMKTS:ASOMY) from a hold rating to a buy rating in a research report released on Monday, The Fly reports. A number of other research firms also recently issued reports on ASOMY. ValuEngine downgraded shares of ASOS PLC/ADR from a buy rating to a hold rating in a report […]
Burberry Group (LON:BRBY) PT Lowered to GBX 2,600 at Credit Suisse Group
Burberry Group (LON:BRBY) had its target price reduced by Credit Suisse Group from GBX 2,650 ($34.86) to GBX 2,600 ($34.20) in a report issued on Monday morning, Stock Target Advisor reports. They currently have an outperform rating on the stock. A number of other equities research analysts also recently weighed in on the stock. Deutsche […]
Rational (FRA:RAA) PT Set at €670.00 by Bankhaus Lampe
Bankhaus Lampe set a €670.00 ($779.07) price objective on Rational (FRA:RAA) in a research report report published on Monday, Borsen Zeitung reports. The firm currently has a neutral rating on the stock. A number of other analysts have also recently commented on RAA. Hauck & Aufhaeuser set a €625.00 ($726.74) price target on shares of […]
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 […]
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 […]
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 […]
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 […]
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 […]
Shore Capital Reaffirms Buy Rating for Frontier Developments (LON:FDEV)
Shore Capital restated their buy rating on shares of Frontier Developments (LON:FDEV) in a research note published on Tuesday, Digital Look reports. Other analysts also recently issued research reports about the stock. Citigroup reissued a buy rating on shares of Frontier Developments in a report on Tuesday. Berenberg Bank reissued a buy rating and set […]
Mark Zuckerberg to voice support for global tax on tech giants
Facebook CEO Mark Zuckerberg is to offer public support for international tax reform which would see technology giants pay more tax in Europe.
SMART Modular Launches 32GB Low-profile DDR4-3200 Mini-DIMMs for Industrial Applications
SMART Modular Technologies, Inc., a subsidiary of SMART Global Holdings, Inc., and a leader in specialty memory, storage and hybrid solutions including memory modules, Flash memory cards and other sol...
ASUS Outs notice: Cooler Mounting Issue STRIX Radeon RX 5700 Series
ASUS like to address user concerns related to the thermal performance and cooler mounting pressure we use on ROG Strix Radeon RX 5700-series graphics cards. During the design phase, AMD shares documen...
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.
Allow one-time restructuring of real estate loans to complete stuck projects: Keki Mistry, HDFC
If loan restructuring is allowed, then new lenders will come and provide funding for a project with proper diligence, proper safeguards while ring-fencing the money. If that is done, then these projects can get completed and home buyers can get their apartments, says Keki Mistry, CEO, HDFC.
DMart OFS: Non-retail quota subscribed 3.4 times
Radhakishan Damani and other promoters of Avenue Supermarts would be selling 2.28 per cent stake or 1.5 crore shares of the company in a Rs 3,500-crore deal.
Why business community isn’t happy with govt amid virus crisis
At the beginning of this month, the Hospital Authority (HA) claimed that its stock of protective gear for frontline healthcare workers was enough to meet the requirements for at least 90 days. Nevertheless, Dr. Deacons Yeung Tai-kong, HA’s cluster services director, suggested otherwise recently, as he said that given the dramatic upsurge in usage, particularly…
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…
In like Flynn: Detector dog helps Revenue seize €280k thought to be proceeds of crime
Revenue officers have seized €280,000 in cash at Rosslare Port.
Coronavirus prompts HSBC and Shell to send staff home
Employees in Hong Kong and Singapore came into contact with people infected
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.
Coronavirus outbreak impact: Digitimes Research estimates impacts on major Chinese IT sectors
The coronavirus outbreak is hitting hard the ICT industries and markets in China. provides a preliminary estimation on the impacts on four major sectors: semiconductors, display panels, handsets and notebooks. Many manufacturers in China are slowly returning to work. The pace of recovery reportedly has been faster than expected though production for many remains low. For some in the semiconductor sector, the outbreak so far has had little impact on their orders. IC testing solutions provider ...
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.
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.
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.
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.
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.
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.
Market LIVE: After SC AGR order on modification pleas by telcos, RIL, Airtel gain, Vodafone Idea falls
Share Market News Today | Sensex, Nifty, Share Prices LIVE: Bharti Airtel was the top gainer, up 3.54 per cent, followed by Bajaj-Auto, RIL and Sun Pharma. On the flip IndusInd Bank was the top loser.
World ATM Congress 2020: FABEC OPS Theatre hosts operations experts from around the world
FABEC OPS Theatre returns to World ATM Congress 2020 with a bold agenda centred on new operational concepts including urban air mobility, dynamic airspace configuration, initial Trajectory-Based Operations (iTBO), data sharing, resilience management, interdependencies of ATM performance, understanding delay, and the value of forecasts. The presentations, chosen from more than 50 requests received from five continents, provide valuable insight into new systems entering the market. Speakers will share their experiences and exchange views with industry experts in an international forum
STR: U.S. hotel construction up 6.8% in January
HENDERSONVILLE, TENNESSEE - STR's hotel pipeline data for the U.S. showed 1,615 projects accounting for 208,807 rooms in construction as of the end of January 2020. This represented a 6.8% year-over-year increase in the number of rooms in the final phase of the development pipeline. “The industry is now up to more than 208,000 rooms in construction, which is as close as the country has come to the prior end-of-month peak of 211,700 in December 2007,” said Bobby Bowers, STR’s senior
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
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.
AGR dues: Risk of duopoly in telecom higher than before, says analyst
Most of the remaining liability is with state-owned BSNL/MTNL and some of the shut/bankrupt telecom companies
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
Supreme Court orders telcos to clear AGR dues by Mar 17, threatens contempt
The Supreme Court on Friday said the companies and the federal Department of Telecommunications (DoT) were liable for contempt of court
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.
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.
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.
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
KZN Post Office staff on alert after 'dodgy parcel' makes Joburg staff sick
Customers are cautioned that it is illegal to post any illegal, hazardous or poisonous substance
Sensex rises over 200 pts; Nifty above 12,200
According to traders, domestic equities advanced tracking significant foreign fund inflow ahead of the release of wholesale inflation data.
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.
India offers U.S. dairy, chicken access in bid for elusive trade deal with Trump
Dykes said the U.S. dairy industry was looking for access in viable commercial quantities.
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.
Zuckerberg accepts Facebook may pay more tax in different places - Politico
MUNICH — Facebook Chief Executive Mark Zuckerberg accepts that global tax reforms mean the social networking giant may have to pay more taxes in different countries, Politico reported, citing excerpts of a speech he is due to give on Saturday.
Bursa Malaysia ends higher on news of stimulus package
KUALA LUMPUR, Feb 14 — Bursa Malaysia ended higher today as market sentiment was lifted following news that the government will unveil an economic stimulus package to address the Covid-19 outbreak on February 27. At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 5.30 points to its intraday...
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...
Facebook’s Zuckerberg wants ‘new framework’ for digital tax
Facebook founder and CEO Mark Zuckerberg on Friday backed moves by the OECD group of free-market economies to reform the way online giants are taxed worldwide, even if that means companies like his...
The numbers that could reward the RBA's optimism
Upbeat company profit results, better readings from consumers and another record sharemarket high are backing the Reserve Bank's optimistic view on the economy.
EUR/USD depressed near 1.0830 ahead of EMU data
After bottoming out (and printing fresh 2020 lows) in the 1.0830/25 band, EUR/USD has managed to regain some poise, trim part of the daily losses and
Mexico: Banxico changes style as cut rates – TDS
Banxico has substantially changed the style of its monetary policy decision statements. February’s rate cut has introduced somewhat more hawkish eleme
Gains in AUD/USD look limited for the time being – UOB
FX Strategists at UOB Group believe AUD/USD will likely move into a consolidative phase in the next sessions. Key Quotes 24-hour view: “Our expectatio
Gold in search of a firm direction, stuck in a range around $1575 region
Gold lacked any firm directional bias and oscillated in a narrow trading band around the $1575 region through the early European session on Friday. A
GBP/JPY Price Analysis: Faces rejection near two-month old descending trend-line
The GBP/JPY cross failed to capitalize on the previous session's goodish intraday positive move and witnessed a modest pullback during the early Europ
Indonesia: IDR limited pressure in the wake of a rate cut – TDS
Low inflation and slower growth are the reasons cited by strategists at TD Securities to forecast a rate cut of 25 basis points in Indonesia. This mea
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
Canada: Housing market is back – NBF
Economists at the National Bank of Canada Financial markets summarize the situation of the Canadian housing market which has recovered since a year ag
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
GBP/USD: Bulls asking out the pound
Gains on the cable are set to continue as technical indicators point at that, according to an analyst at FXStreet Yohay Elam. Key quotes “The four-hou
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
TSMC becomes first Taiwan individual stock added to Global Islamic Indexes
Taiwan’s semiconductor manufacturing giant expects more business opportunities from Middle East
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
Despite swelling revenue deficit, Tamil Nadu presents a tax-free Budget
Drop in Centre’s share causes strain
The OCR Should Be Cut
The Reserve Bank Monetary Policy Committee releases its next Monetary Policy Statement and Official Cash Rate (OCR) decision next Wednesday – the first we’ve heard from them since November.
“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.
China's Xi pledges to minimise impact of virus
BEIJING: China will definitely be able to minimise the impact of the coronavirus outbreak and will maintain the development momentum of its ...
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 ...
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 ...
Shares step back as hopes of early end to coronavirus fade
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 ...
4 crew poisoned by fumigation, 1 died, France
General cargo ship FRI DOLPHIN alerted MRCC Corsen France, in the evening Feb 13, reporting 4 crew being poisoned during cargo fumigation process. The ship was in Bay of Biscay W of Brest, en route…
J. C. Penney Needs To Do Significantly Better Than Department Store Peers
J. C. Penney's Analyst Day is scheduled for April 7 and it is expected to provide a three-year financial outlook then.This outlook is constrained by the need to reach certain targets by 2022 in order
The Perils Of Late-Cycle Investing
It may well be that structured credit hedge funds constitute a sensible vehicle for riding the remaining bucks of the late bull and surviving the downturn when it arrives.Structured credit hedge funds
Analyzing The Safety Of Goodyear's 5.4% Yielding Dividend
Goodyear Tire & Rubber has had a tough year with earnings contracting, and shares losing roughly half of their value.The company's dividend now yields 5.4% and is currently viable despite the near-ter
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.
Internet of things customers look to create partnerships - IDC
New Zealand's large enterprises seek to build and maintain commercial relationships and partnerships with Internet of Things (IoT) vendors.
Fire protection and safety in tunnels: ventilation, fire suppression and fast responses
Dangerous equipment and potentially toxic gases in underground tunnels makes the mining industry particularly susceptible to the risk of workplace fires.
It's time to step up your risk assessment approach
Focus must be on identifying as many issues as possible rather than aiming to provide a clean report.
The digital customer experience in banking: 2020 outlook
For the first time, trust has been usurped by customer experience as the chief factor considered by customers when choosing their bank.
Time for new, daring domain names is now, here’s why…
A domain name can offer customers instant insights into where your company is located and what it does.
CyberArk delivers Blueprint for privileged access management success
CyberArk Blueprint helps customers take a future-proof, phased and measurable approach to reducing privilege-related risk.
Chips are down as Toshiba logs ¥145.63 billion loss for April-December
Toshiba Corp. said Friday it posted a group net loss of ¥145.63 billion ($1.32 billion) in the April-December period due to the sluggish performance of its
Is COVID-19 a 'black swan'?
The Chernobyl disaster played a big part in making the Soviet public ripe for regime change. Could the coronavirus have a similar effect in China?
What Iran's attacks on American bases tell us about China's missile program
The belief that Chinese missiles are numerous, but inaccurate, is likely now outdated.
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.
LYFT (NASDAQ:LYFT) Given “Buy” Rating at JMP Securities
JMP Securities reissued their buy rating on shares of LYFT (NASDAQ:LYFT) in a report published on Monday morning, TipRanks reports. The firm currently has a $88.00 price target on the ride-sharing company’s stock. Other research analysts have also recently issued research reports about the stock. Wolfe Research upgraded shares of LYFT from an underperform rating […]
Top NMC shareholder Muhairi quits board amid turmoil
Abu Dhabi-based healthcare group has faced turbulent time since report questioning finances
Vodafone’s India venture on brink of collapse after court ruling
Decision means telecoms company must pay billions of dollars in fees by next month
Ramaphosa plan is no quick fix for South Africa’s energy woes
President Cyril Ramaphosa’s plans to overhaul the energy industry have some way to go before they provide answers to the nation’s crippling power shortages.
Bitcoin Daily: US Treasury’s Mnuchin Says ‘Significant’ New Crypto Rules In Works; Spain’s FC Barcelona To Create Team Token
U.S. Secretary of the Treasury Steven Mnuchin said that the federal government would be rolling out new regulations regarding cryptocurrency soon.
Our real estate biz not dependent on govt reforms & we continue to do well: Adi Godrej
Adi Godrej, Chairman, Godrej Industries, says the last two years have been record years for Godrej Properties. The chemical business is doing well while the consumer company is under a little pressure as peoples purchasing power has come down.
Risk of duopoly in telecom sector higher than before: Analyst
The room for manoeuvre is now very less for operators. The situation is particularly grave for Voda Idea.
Myntra names its new chief technology officer
Flipkart and Myntra together control about 70% of the online fashion market share in the country. According to Myntras new CTO Raghu Krishnananda, fashion ecommerce penetration is expected to reach 15% of the total fashion spend in the country in 2020.
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.
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.
Inside iearn.finance: a DeFi Aggregator for Optimized Yield Opportunities
The iearn.finance platform is described "an aggregator of interest-earning DeFi opportunities."
Price of surgical mask may go up by P2-P4 per piece
The Department of Trade and Industry (DTI) may allow stores and pharmacies to sell surgical masks at higher prices due to the increasing cost of raw materials here and abroad amid the novel coronavirus (Covid-19) outbreak.
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…
Toyota Mobility Foundation launches City Architecture for Tomorrow Challenge with MDEC in Kuala Lumpur
The cities of today are evolving at a rapid rate, and with increases in population in them, this has placed significant pressure on infrastructure and
German economy stagnated in fourth quarter
FRANKFURT — 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. The figure underlines the challenge facing the eurozone.
DataOps: Turning Your Business into a Wealthy Data Democracy
Many businesses have tried to generate value from their data. Many have succeeded: some narrowly, some broadly. At Hitachi Vantara, DataOps is...
Samsung's jailed board chairman quits
SEOUL (Reuters) - Samsung Electronics’ (005930.KS) board Chairman Lee Sang-hoon, who was convicted and jailed for sabotaging union activities, has resigned from the South Korean company, it said on Friday.
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.
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.
Vice premier stresses stable employment amid epidemic
BEIJING, Feb. 13 -- Chinese Vice Premier Hu Chunhua has called for all-out efforts to ensure stable employment amid the novel coronavirus outbreak.
Mike Novogratz’s Galaxy Digital Slashes 15% Staff
Galaxy Digital, a crypto merchant bank established by Michael Novogratz, has cut its staff by 13 - around 15 percent of its total workforce.
Samsung's jailed union-busting chairman steps down
Lee Sang-hoon was sentenced to 18 months in prison for sabotaging union activities.
Nasa confirms 'potentially hazardous' asteroid will pass Earth safely tomorrow
The gigantic space rock will miss us by about 3 million miles
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
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
InnSpire expands into Latin America through strategic partnership with Nimbus Networks
MEXICO CITY - InnSpire, provider of a comprehensive technology suite that helps drive a seamless, world-class guest experience for some of the world's most iconic hotels and brands, has completed the company's first foray into the Latin American market through a strategic partnership with leading telecommunications specialist, Nimbus Networks. The new regional reseller/distributor partnership has already resulted in Nimbus Network's installation of InnSpire's suite of networking and guest-facing technology in four hotel properties in Peru, which include the AC CostaVerde in
Food delivery company MatHem raises €47.5 million to continue expanding across Sweden
Swedish online grocer MatHem has raised 500 million SEK, or €47.5 million, to develop a new environmentally certified warehouse in Larsboda and to continue expanding its retail delivery business. The company delivers groceries and small household items and, after ten years in business, has served over half of Swedish households. MatHem’s investors span several sectors. […]
Govt willing to do more beyond Budget to boost growth: FM Sitharaman
The country's GDP growth is estimated to slow to an 11-year low of 5 per cent in the current financial year
Gold prices climb Rs 75 to Rs 41,481 per 10 grams, silver gains Rs 147
"Spot gold of 24 karat in Delhi was trading up by Rs 75 with rupee depreciation," HDFC Securities Senior Analyst (Commodities) Tapan Patel said.
New GST filing format, e-invoicing to help in reporting for taxes: GSTN CEO
There is a need for standard to ensure complete interoperability, he said
India's population galloping, but no one paying attention: Venkaiah Naidu
Political parties are feeling shy, politicians are feeling shy, Parliament also do not adequately discuss about the issue," Naidu said
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.
3 Steps to a Socially Conscious Portfolio
So you want your investment holdings to reflect your values and you’re confused by all the so-called E.S.G. funds. Here’s how to start.
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.
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.
Your chance to develop video games at Devon's new tech hub
Demand for digital and IT professionals has never been higher
Ringgit ends higher versus US dollar
KUALA LUMPUR, Feb 14 — The ringgit closed marginally higher against the US dollar today, tracking the performance of regional peers amid concerns on the Covid-19 outbreak. At 6pm, the ringgit was quoted at 4.1360/1400 versus the greenback from 4.1390/1420 yesterday. FXTM market analyst Han Tan...
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.
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.
AUD/USD pares early gains, turns flat above 0.67 as focus shifts to US data
The AUD/USD pair closed the first three days of the week in the positive territory but turned south on Thursday amid resurfacing worries over the coro
US Dollar Index Price Analysis: Correction lower could test the mid-98.00s
DXY is shedding some ground after reaching fresh yearly peaks in the proximity of 99.20 earlier on Friday. The current overbought levels in the dollar
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
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
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
USD/JPY remains within a consolidative theme – UOB
FX Strategists at UOB Group expect USD/JPY to stay side-lined for the time being. Key Quotes 24-hour view: “We highlighted yesterday ‘USD could ease f
USD/CHF retakes 0.9800 mark, 1-1/2 month tops
The USD/CHF pair climbed to 1-1/2 month tops during the early European session on Friday and was now seen extending the momentum further beyond the 0.
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
Hungary: No room to counter a deep downturn – ABN Amro
Anke Martens, a senior analyst at ABN Amro, reviews the current situation of the Hungarian economy, expecting a slowdown. EUR/HUF is trading at 335.02
USD/CNH: Side-line trade expected to persist – UOB
There is still scope for USD/CNH to extend the current consolidation in the next weeks, according to FX Strategists at UOB Group. Key Quotes 24-hour v
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...
Volume of construction works, up almost 28 pct, in 2019
The volume of construction works increased last year by 27.6 pct as compared to 2018, as gross series, according to data released by the...
Open access journals get a boost from librarians—much to Elsevier’s dismay
Move to cut fees adds pressure to funding model already under strain.
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.
Dating apps see exponential growth over past eight years
With romance in the air this Valentine's Day, dating apps like Tinder are racking up huge numbers. We take a closer look. But first, Chinese tech giant Huawei is targeted with a new indictment in the…
2020 - A Close Look At What To Expect
As Q4-2019 earnings continue to push the US stock market higher, what should traders expect going forward in 2020?There are a number of things that could potentially disrupt foreign market expectation
Bill.com: Material Deceleration On The Horizon
Bill.com reported its fiscal Q2 2020 results last week, beating top line estimates and reporting 50% year-over-year revenue growth.Despite an incredible report, revenue growth rates are expected to sl
When The Facts Change
The coronavirus is a human tragedy, but the markets remain sanguine.A slowing of global growth is already factored into market expectations.Further central bank easing is expected to calm any market f
Digital Turbine Is Likely To Catch A Second Wind
After a strong rally, consolidation set in, and the shares fell back to where they were in the summer of last year.However, we think the elements are in place for the company to recharge growth, drive
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
Range Resources: Leverage Risk Climbs Sharply
The credit line may not be available when the company most needs it.Cash flow in the third quarter dropped nearly 50% from the previous year.Fourth-quarter cash flow should continue the pattern of pro
'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.
Meaty increases push up annual food prices - Stats NZ
Higher prices for meat, poultry, and fish contributed to a 3.5 percent increase in food prices for the year ended January 2020, the largest annual rise in food prices in over eight years, Stats NZ said today.
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.
TIF: 'People in racing are exhausted' by lack of change
The Thoroughbred Idea Foundation revisits a report they published in 2019 asking why companies like Equibase continue to charge for their data.
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.
Africa’s cloud appetite a boost for its ICT sector
Africa Data Centres CEO Stephane Duproz lauds the influx of global cloud providers on the continent, noting this will benefit the ICT sector.
Ramaphosa sees renewables as answer to Eskom’s woes
The president indicates that renewable energy can be the answer to the country’s energy supply needs.
Over 15 tonnes of used cooking oil dispatched from Madurai to Telangana for bio-fuel production
The oil was collected from 222 shops in the city that used more than 40 litres of oil a day
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
Opinion: How Justin Trudeau can turn a lose-lose Teck decision into a delicate victory
By approving the Teck Frontier oil sands mine under the greenhouse-gas vows that Alberta Premier Jason Kenney has laid out, Mr. Trudeau can use the free market to wiggle his way out from between a rock and a hard place
Friday’s Insider Report: Chairman invests $1.2-million in this stock yielding nearly 5%
A look at recent notable transactions
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.
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.
This Bitcoin Metric Is Over 100% Higher in 2 Months, and It’s Critical for Bulls
Over the past 60 days, Bitcoin has found itself rocketing higher, rallying from a low of $6,400 to a local top of $10,500 in the span of two months.
Replace your entire wage with dividends from ASX shares
You can replace your entire wage with dividends from ASX shares.
Forget saving money! I’d invest using these 3 Warren Buffett tips
I think adopting a value investing strategy such as that used by Warren Buffett could be a better idea than having cash savings.
Saudi Arabia, UAE Among Top 10 Logistics Markets
Arabian Gulf countries have had a high ranking in the 2020 Agility Emerging Markets Logistics Index, with UAE and Saudi Arabia among the top 10 logistics markets. In the GCC, the UAE ranked third, Saudi Arabia sixth, Oman 14th, Bahrain 15th, and Kuwa
Egypt Discusses Reinforcing Cooperation with Aramco
Egypt's Minister of Petroleum and Mineral Resources Tarek El-Molla has discussed with Fahad al-Ammari, General Manager of Area Projects-Upstream Project Management Saudi Aramco, and his accompanying delegation reinforcing bilateral cooperation on imp
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.
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.
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."
Analysts Admit Bitcoin Could See Larger Price Pullback After 3% Drop
Over the past 60 days, since bottoming at $6,400 in the middle of December, Bitcoin has been on a near-relentless surge higher.
Top Analyst Confirms $100,000 Bitcoin Price Target For End of 2021
A prominent analyst hailing from institutional markets in Europe recently threw his weight behind a prediction that Bitcoin will trade at least as high as $100,000 by the end of 2021
"No Rollbacks": BitMEX Says After 62% XRP Flash Crash
XRP saw a "flash crash" on the BitMex exchange, with the asset's price plunging by 50% in a few minutes' time.
Wirral Autism charity bags big award
Autism Together has been going since 2016 and has provided training for businesses on how to be autism aware
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). ...
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...
Brexit Takes a Chunk Out of Cisco’s Earnings, as Headwinds Blow
Cisco earnings fell flat this week, with the networking specialist posting a 6% drop in orders. The decline in Europe was blamed squarely on Brexit.
Lough Talt boil water notice still in place
IRISH Water has issued a reminder to customers supplied by the Lough Talt public water supply that the scheme remains on a boil water notice.
How to save money on car insurance—10 ways
Lowering your auto insurance bill doesn’t mean you have to sacrifice coverage or customer service.
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.
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
Tech startup Tekion launches cloud-based automotive dealer management
The product connects key stakeholders of the industry enabling maximum level of operational efficiencies, collaboration, and personalized retail experiences
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
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
Govt expects to complete Air India sale in first half of FY21: DIPAM secy
The deadline for submitting the EoI is March 17
Irdai concerned over rising hospital tariffs, plans to standardise charges
"We plan to introduce a system in which people will have the liberty to choose their TPAs," Irdai member said
Common portal for health insurance claim settlements on the cards
Regulator aims to usher time-bound settlement of claims and eliminate disparity in charges among different for some common procedures
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.
Market Wrap, Feb 14: Sensex falls 202 pts post AGR verdict
Among telcos, Vodafone Idea tumbled over 23 per cent to Rs 3.44 apiece on the BSE post the AGR verdict
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
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
UP govt to promote e-vehicles, targets 10,700 mw of solar energy
The energy minister said the state was targetting solar energy generation of 10,700 megawatt (mw) by 2022 in the private sector to conserve environment and curb pollution
Malema not convinced by Ramaphosa’s jobs plan
Julius Malema said Ramaphosa continued to create long-term plans focused on consultations, which have had little results ...
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.
Maxar Technologies to Host Investor Briefing on March 4, 2020
WESTMINSTER, Colo. — Maxar Technologies (NYSE:MAXR) (TSX:MAXR), a trusted partner and innovator in Earth Intelligence and Space Infrastructure, today announced that members of senior management will present an overview of the Company’s business, recent financial results, and strategic priorities on March 4, 2020, beginning at 8:00 a.
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.
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.
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.
9 Food and Restaurant Stocks to Dine In On
Should the economy keeping rolling like it is, these nine food and restaurant stocks to buy will likely surprise many investors.
Could Beyond Meat Stock Beef Up Your Portfolio?
As Beyond Meat stock is already up significantly in 2020, it may be time to take some money off the table.
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...
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,...
Politico: Zuckerberg accepts Facebook may pay more tax in different places
MUNICH, Feb 14 — Facebook Chief Executive Mark Zuckerberg accepts that global tax reforms mean the social networking giant may have to pay more taxes in different countries, Politico reported, citing excerpts of a speech he is due to give on Saturday. Cross-border tax rules are set to be...
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.
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.
High-Tech Shortages Loom As Coronavirus Shutdowns Hit Manufacturers
There are now more than 45,000 confirmed cases of the coronavirus dubbed COVID-19 by the World Health Organization, and the disease has caused at least 1,115 deaths. The impact of the virus is now reaching way beyond public health: China is at the heart of global manufacturing, and as supply chains suffer, panic is...
Consumer sentiment hits highest level since 2018 despite coronavirus outbreak
American consumers were increasingly optimistic about the economy this month despite a deadly viral outbreak. The University of Michigan said Fr...
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...
Maxim Behar is the Employer Brand Leader of the Year!
World-renowned PR expert Maxim Behar won the first place in the Employer Brand Leader of the Year category at the prestigious Employer Branding Awards competition organized by b2b Media. The owner and manager of one of the leading PR companies in Bulgaria M3 Communications Group, Inc.
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.
3rd Indian tests positive for coronavirus on ship off coast Japan
Earlier, two other Indians had been tested positive for coronavirus on the ship. The Indian Embassy in Tokyo is in touch with all three whose conditions are stable and improving.
USD/CAD drops below 1.3250 as WTI rebounds above $52
The USD/CAD pair continues to react to crude oil's performance in the absence of significant macroeconomic data releases on Friday. As of writing, the
Russia: Structural reforms needed to support growth – ABN Amro
Economy outlook for the Russian country improved last year but still lacks the structural ingredients to steam a high growth environment, according to
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
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
Singapore reports nine new coronavirus cases – Reuters
Singapore has reported nine new confirmed cases of coronavirus infections, the biggest daily jump, on Friday, lifting the total count in the country t
Czech Republuc: Healthy economy – ABN Amro
Anke Martens from ABN Amro summarize the situation of the Czech economy which has good health. EUR/CZK trades at 24.7815 as has fallen since January.
Mobile Web Ghana to host Africa Digital Skills Conference in July
news, story, article
USAID, UBA signs a new partnership deal
Kampala, Uganda | THE INDEPENDENT | The U.S Agency for International Development (USAID) through the Prosper Africa initiative is partnering with the United Bank for Africa (UBA) to increase two-way trade and investment between the United States and the nations of Africa. The partnership will ensure that businesses are equipped with the technical and financial …
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
Pfizer Q3 net profit up 5 per cent to ₹139 cr
Drug firm Pfizer Ltd on Friday reported a 5.39 per cent rise in net profit to ₹139.06 crore for the quarter ended December 31, 2019. The company had posted a net profit of ₹131.94 crore for the corres
From March 2021, pharma firms marketing drugs will be held responsible for their quality
Currently, only the manufacturers are held liable under the Drugs and Cosmetics Act
New Helen Clark Foundation Report Urges Capital Gains Tax
A new report into New Zealand's shortage of affordable housing has called for a capital gains tax.
Smart Speaker Market In The Q4, 2019. Amazon and Google Lead
The smart speaker market is still led by Google and Amazon due to the first-movers' advantages. Apple ranks sixth with its HomePod.
Israel Gives Modern-Day “Miriam’s Well” to Gaza: “Water From Thin Air”
Watergen is bringing the miracle of Miriam's Well to thirsty people around the world.
The PlayStation 5 could cost as much as $470 as Sony reportedly struggles to keep the cost of parts down
Sony is struggling with growing manufacturing costs driving up the cost of its next-generation console the PlayStation 5,Bloomberg reports.
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
Lumber Is Quietly Rising
Lumber has not followed crude oil and copper.An industrial commodity for construction.Rates in the U.S. favor new home building.Levels to watch in the lumber futures market.The futures are dangerous;
The Peak Season For Cotton Prices Is Approaching
Cotton has moved lower from the mid-January high.A very volatile soft commodity - higher lows since 2000.China has weighed on the price of the fiber.Seasonality favors buying on dips over the coming w
10 things you need to know before the opening bell
This is what traders are talking about.
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.
Major roading contract awarded
Fulton Hogan have won the road maintenance contract and will officially take over the work in May 2020.
Contemporary Mozambique: 4 Projects that Respond to Present Challenges
Contemporaneous Mozambique: 4 projects that respond to present challenges
Contemporary Mozambique: 4 Projects that Respond to Present Challenges
Contemporaneous Mozambique: 4 projects that respond to present challenges
NVIDIA Reports Bang-Up Q4 Earnings On Big Data Center GPU Gains, NVDA Shares Spike
NVIDIA saw big gains from its data center efforts, and investors reacted positively to its overall Q4 earnings report, sending the company's share price up more than 6 percent in early morning trading.
Zuckerberg ‘accepts’ that Facebook may have to pay more tax in Europe
Mark Zuckerberg accepts that global tax reforms mean Facebook may have to pay more taxes in some countries, including in Europe.
Stockholm enters Global Cities top 30 for the first time - CityAM
With a strong economy and commitment to reducing its environmental impact, Stockholm is the first Scandinavian city to make the [...]
Seoul Global Challenge 2019-2020 Finds Success in Finding Innovative Solutions to Reduce the Fine Dust in Seoul Subway
The Seoul Global Challenge (hereinafter called \"SGC\") 2019-2020, hosted by the Seoul Metropolitan Government and organized by Seoul Business Agency (SBA) aimed at finding innovative solutions to urban problems by inviting global innovators, culminated with the awards ceremony on the 6th, according to the Seoul Metropolitan Government.
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
SpiceJet reports 21% rise in Q3 profit to ₹78 crore
If the airline had not recognized such ‘other income’, it would have reported a loss of ₹173.19 crore.Expenses at the airline increased by about 56% from a year ago to about ₹3,848.61 crore in Q3
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
DRC: controversy over road infrastructure project [Morning Call]
Controversy in Kinshasa over President Félix Tshisekedi's infrastructure development project called "Hundred Days Emergency Program". Investigation launched over suspected embezzlement of funds
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
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.
Gold prices rise ₹75, silver gains ₹147
Gold prices on Friday rose by ₹75 to ₹41,481 per 10 grams in the national capital amid rupee depreciation, according to HDFC Securities. Likewise, silver also gained ₹147 to ₹47,036 per kg from ₹46,88
US Depository Trust and Clearing Corporation Might Establish Consortium to Deal with DLT Security Risks
The US Depository Trust and Clearing Corporation (DTCC), a major post-trade financial services firm offering clearing and settlement services to large capital m
Whenever my husband and I talk about investing, we fight. How can we get on the same path?
He has almost $100,000 invested in a high interest savings account which I don’t think is an efficient strategy
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.
Mozambique on recovery path after cyclones
IMF paints a picture of hope a year after Idai and Kenneth's devastation.
These were the worst performing ASX 200 shares last week
The Blackmores Limited (ASX:BKL) share price was among the worst performers on the ASX 200 last week…
How much does the average Australian earn?
How much does the average Australian earn? Do you earn more than the average Australian wage earner? How can you earn more?
4 ASX shares to watch in week 3 of reporting season
Here are 4 great ASX shares to watch during the busiest week of February's ASX reporting season.
These were the best performing ASX 200 shares last week
The IDP Education Ltd (ASX:IEL) share price was among the best performers on the ASX 200 last week…
Were these the best results on the ASX last week?
Why I think Commonwealth Bank of Australia (ASX:CBA) and these ASX shares delivered the strongest results last week…
Keep some powder dry, invest rest in 4 sectors: Gurmeet Chadha
Look at the last one-year return at the shorter end of the yield curve. Even if we have not taken any duration risk, we have clocked 10-12% kind of a return in the short-term debt category which is almost equal to the Nifty return of last one year, says Gurmeet Chadha, Co-founder, Complete Circle Consultants.
SBI a value play, buy Page Industries on dips: Rahul Shah, MOFSL
The economy is bottoming out and rural consumption is definitely growing. Plus, this quarters numbers have been fairly decent. I do not think there could be any more pain here for the auto sector in coming month, says Rahul Shah, Vice President, Broking & Distribution - Motilal Oswal Financial Services.
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.
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.
SpiceJet shares climb nearly 6% after Q3 results
In the 2018 December quarter, the carrier recorded a profit of Rs 55 crore.
Foreigners Dump Turkish Local Assets by Close to Record Amounts
Turkish local assets were hit last week by one of the largest bouts of foreign disinvestment in the last five years, Deutsche Bank said on Friday. The outflow signaled bearish market sentiment towards Turkey, which has seen the lira weaken in recent
Pertamina to kick off gas, oil exploration in Thousand Islands in March
Upstream oil and gas company PT Pertamina Hulu Energi (PHE) Offshore Southeast Sumatra (OSES) plans to start oil and gas exploration in the Thousand Islands, north of Jakarta’s coast, next month.
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).
US’ 4th extension shows Huawei’s strength: industry insiders
The US Department of Commerce announced on Thursday that it was issuing a 45-day extension allowing US companies to continue doing business with Chinese telecoms giant Huawei Technologies Co. It is the fourth such extension by the US.
3 Big Things Today, February 14, 2020
Soybean and grain futures were little changed in overnight trading as the coronavirus spreads.
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.
Weather and soil type – ‘key factors in water quality’
Weather conditions and soil type are two key factors impacting on water quality in Ireland according to the ACP's programme manager.
Is balance lacking on agri-food boards and committees?
Is the tillage sector being under-represented on boards and committees in the agri-food sector?
BS6 Bajaj Pulsar range power figures revealed
Fuel injection and a revised exhaust system have brought changes to the numbers the bikes produce. Click here for more.
Ramaphosa’s speech underscores weak SA credit outlook – Fitch
Fitch says Ramaphosa's speech left important questions unanswered.
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
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
With profitability in mind, Renault plans slew of initiatives in India
The auto maker is also gearing up to bring a mass segment EV in India within the next two years
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.
Sun TV Q3 PBT drops by 8.12% at Rs 498.46 crore; revenue grows marginally
The subscription revenues for the quarter was up by 18 per cent to Rs 411.85 crore from Rs 349.60 crore for the corresponding quarter ended December 31, 2018
Thales sees opportunities in India after military plans theatre commands
The first batch of RBE2 air defence radar systems will roll out from the joint venture between Thales and Reliance Defence Limited next month, Sourisse told.
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
Odisha to tap 5T model for mineral resource mapping, extend KALIA scheme
State to also set World-class core sample laboratory and develop select rural habitats as smart villages akin to smart cities
Scientists develop tech to convert carbon dioxide into hydrocarbon fuel
Malmstadt said that in contrast, the team's discovery uses a millifluidic reactor process, a very small scale chemical reactor system, which has a minimal environmental footprint.
Northumbrian Water to challenge regulator over price controls
North East water firm wants to balance reductions to bills with environmental improvements
This is how much Sunderland council tax is going to rise by
“Raising council tax is one of those difficult decisions, if we don’t raise it we will need to cut services further"
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
Thief steals man’s phone, clear out his bank account and takes additional loan
A man has been left totally devastated after his phone was stolen and the thief cleared out his bank account then took a loan with the account. Social media user, Benson, cried out after his father's
5 Ways to Prepare for a Recession
We don't know when the next downturn will hit, but we do know when to prepare for it.
Here's Why Everyone Should Be Rooting for Shopify
Shareholder or not, a new e-commerce movement is great for small businesses around the globe.
7 Stock Market Sweethearts You'll Want to Call Your Own
It's easy to adore these great businesses.
3 Reasons Why DexCom's Q4 Update Delighted Investors
The medical-device maker delivered good news across the board for the quarter.
6 Tax Deductions You Can Claim Without Itemizing
You don't need to itemize to reap these lucrative tax breaks.
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.
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.
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.
A Senior BBC Boss Who Gave A Speech To Hedge Fund Managers Is Still Involved In A Review Of Rules On Staff Speaking Arrangements
Kamal Ahmed apologised to BBC staff over the £12,000 speaking fee and said he would not take the money.
AGR-hit Vodafone Idea postpones Q3 analyst call
The filing, in late evening on Thursday, said the new date of the call will be intimated separately but did not give any reason for the postponement.
Supreme Court orders Indian telcos to pay US$13b or face action
NEW DELHI, Feb 14 — India’s Supreme Court today ordered top telecom companies to pay US$13 billion (RM53.8 billion) in unpaid spectrum and licensing fees by March 17 or face punishment in a fresh blow to ailing mobile carriers. Shares in Vodafone Idea, which said it would be hardest hit by the...
Covid-19 infections: Ministry receives 250 complaints about face masks
KUCHING, Feb 14 — The Domestic Trade and Consumer Affairs Ministry has received 250 complaints concerning face masks in the wake of Covid-19 infections. Its Deputy Minister Chong Chieng Jen said the highest number comprised 181 complaints concerning expensive prices, while the other complaints...
Bitcoin Tweets Reach 2-Year High as $10K Fuels Google Interest Surge
Twitter users churn out 75,000 posts mentioning Bitcoin in a single day, as price action sees mainstream consumers pay fresh attention.
Pain At The Pump As Fuel Prices Increase In February Review
Super Petrol and Diesel prices have increased by Ksh2.67 and Ksh2.13 in the February 2020 review, the Energy and Petroleum Regulatory Authority (EPRA) has announced.In the review, kerosene price h
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...
Star fund manager's bet on $4.3 billion worth of Argentine debt is dangerously close to unraveling
Franklin Templeton and its star money manager, Michael Hasenstab, have $4.3 billion worth of Argentine bonds as the country marches towards rest...
EPOC Explained—The Science Behind Getting Your Bod To Burn More Calories Post-Exercise
2) High-intensity exercises generate a greater EPOC effect than lower-intensity ones. "The higher the intensity of the exercises, the harder you will stress the body," says Proniewych. "This would mean you will need more ATP energy and oxygen after for your body to recover." FatCamera - Getty Images
Another rate cut early March, stimulus package end-February?
KUALA LUMPUR: The expectation of a monetary policy adjustment, on top of a fiscal stimulus package, to boost Malaysia’s economy soon is getting higher.
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.
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.
Hong Kong authorities find excessive levels of Legionella in MTR cooling towers after 11 people infected
The Centre for Health Protection has found excessive levels of Legionella bacteria in tested samples of cooling towers at Choi Hung MTR station following 11 infections in Wong Tai Sin, a nearby neighbourhood. The water-dwelling bacteria causes Legionnaires’ disease which can lead to a fever, cough, headache, muscle pain and diarrhoea. Humans contract the disease – […]
Amazon stalls Microsoft’s $10B ‘war cloud’ contract with the US gov
A federal judge has made Amazon pretty happy by placing a temporary injunction on the $10 billion JEDI deal awarded to Microsoft in October.
What’s venture capital and why does it matter for startups?
The term 'venture capital' is often thrown about in the tech startup world, but do you know what it means and how it works?
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.
Ivan Geshev: There will be Permanent Checks of What is Burnt in the TPPs
The Prosecutor's Office ordered the Minister of Ecology to immediately check whether there is illegal burning of waste in the Thermal Power Plants Bobov Dol, Brickel, Sliven and Pernik, which are linked to businessman Hristo Kovachki. Chief Prosecutor Ivan Geshev and Ministers Mladen Marinov (Minister of interior) and Emil Dimitrov (Minister of Environment) were in Bobov Dol on February 13 and announced that the TPP would no longer burn waste there and pollute the air in the area.
Minister Vladislav Goranov: The Bulgarian Currency is Undervalued
The Bulgarian lev is undervalued, Bulgaria's Finance Minister Vladislav Goranov said, referring to econometric models for evaluating the exchange rates used by the IMF. Once again, Goranov has denied fears that the savings of Bulgarian citizens will melt after joining the eurozone and confirmed that the country will enter the eurozone with the same lev-euro exchange rate as it currently has.
Valentine credit data crackdown delivers kiss of death for online fraud
User-initiated bans bite from today.
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
WTI climbs to fresh two-week highs above $52
The barrel of West Texas Intermediate (WTI) fell below the $51 handle on Thursday but recovered a large portion of its losses to close the day at $51.
EUR/JPY challenges 119.00 ahead of US data
The persistent soft tone surrounding thje European currency in combination with the stead pace in the Japanese safe haven are forcing EUR/JPY to trade
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
Rocket Report: Demo-2 launch this spring, concerns about Firefly’s backer
"You've got to make sure you've done everything you need to do."
Develop software technology to boost agribusiness under PfJ/PERD
news, story, article
AGI and AMA to partner GITFIC
news, story, article
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
Only 2,200 professionals in India disclosed annual income above ₹1 crore
I-T Dept shares data on income tax returns for 2018-19 via tweets
Air India sale expected in first half of next fiscal: DIPAM Secretary
The deadline for submitting the EoI is March 17
BPCL seeks Assam govt’s stand on buying its stake in Numaligarh Refinery
The board of Bharat Petroleum Corporation Ltd (BPCL) has decided to initiate the process of selling its 61.65 per cent stake in subsidiary Numaligarh Refinery Ltd (NRL) amidst indications that the Ass
BPCL standalone profit zooms to ₹1,261 crore in Q3
State-owned Bharat Petroleum Corporation Ltd (BPCL) reported a standalone net profit of ₹1,260.63 crore in the October to December of FY20 from ₹495.14 crore a year ago mainly on the back of a margina
Day Trading Guide for February 14, 2020
Given below are supports and resistances for Nifty 50 futures and seven key stocks that can help in your intra-day trading:₹1241 • HDFC BankS1S2R1R2COMMENT1227121312551270Fresh short positions can be
Portfolio Protection: Time Will Come When Silver Shines Brighter
This precious metal has constantly lagged behind gold, but everybody knows perfectly well the time will come when silver shines brighter.An unexpectedly long bullish market should eventually end. Havi
Dividend Growth Or Higher Yields, You Choose
If you're blinded by a high yield, FRT may not be for you. FRT offers a strong balance sheet, consistent dividend growth, and great management.REG trades a lower multiple of FFO than investors would e
Investors Continue To Look Past The Coronavirus
Tokyo was a notable exception in the Asia Pacific region, as the other major equity markets, like in Hong Kong, China, Taiwan, South Korea, and Australia, advanced. The MSCI Asia Pacific Index rose fo
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
Airbus Orders Surge In January
Airbus has started the year on a strong note, with big orders for Airbus A220 and A320.Deliveries during were naturally weak during the month.Company targets 880 deliveries and has delivered 4% of tha
OPEC January Production Data
OPEC 14 crude oil production was down 509,000 barrels per day in January.OPEC announced a couple of months ago that Ecuador was leaving the cartel. However, it was still included in January's data.Ira
Samsung's jailed board chairman has resigned
Lee Sang-hoon was convicted of violating South Korean union labor laws in December 2019, and sentenced to 18 months in prison.
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.
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.
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.
Rio Tinto and STAS to commercialise aluminium filtration technology
Rio Tinto has signed an agreement with Canadian firm STAS to commercialise an advanced compact filtration (ACF) technology for aluminium cast houses.
Amazon can’t end fake reviews, but its new system might drown them out
The company’s new one-tap star rating feature seeks to get more customer feedback ... from actual customers.
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
Exports dip 1.66% in January
The trade deficit was $15.05 billion in January 2019.Imports too declined by 0.75$ $41.14 billion, leaving a trade deficit of $15.17 billion during the month under review
Coronavirus: 3rd Indian crew on board cruise ship off Japanese coast tests positive
A third Indian crew on board a cruise ship off the Japanese coast has tested positive for the novel coronavirus, the Indian Embassy in Japan.The cruise ship Diamond Princess with 3,711 people on board arrived at the Japanese coast early last week and was quarantined after a passenger was found to be infected
Third Indian crew on board cruise ship off Japan tests positive for coronavirus
A total of 138 Indians, including 132 crew and 6 passengers, were on board the ship.
Tobacco farmers worry over proposed hike in National Calamity Contingent Duty
‘Move will pave the way for smuggling of illegal cigarettes into the country’
Rupee settles 6 paise lower at 71.37 against US dollar
On a weekly basis, the rupee has gained 3 paise.
Adani Group, Airport Authority of India ink pacts for managing Ahmedabad and two other airports
Three subsidiaries of the group – Adani Ahmedabad International Airport Limited, Adani Lucknow International Airport Limited and Adani Mangaluru International Airport Limited – have signed concession agreements with the AAI.
'Roadworks and a railway crossing closure has left our village like a ghost town'
People in Hale say they can't get in and out, and businesses are already losing takings
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
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
'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
Meet Bitcoin Market’s Most Accurate Technical Indicator: Lamborghini
Take a break Golden Cross, bitcoin now has found a better technical indicator in Lamborghini this Valentine's Day. So it appears, there is a great
Blow to Bitcoin Bulls as Price Hits China FUD Level [Again]
Bitcoin was struggling to resume its explosive upside action on Friday as it felt the pressure from a so-called China FUD level. The offbeat
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.
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.
The secret to finding the best ASX shares – breaking all the rules
Let's look at David Gardner’s six rule breaker traits and see how they apply to the best ASX growth shares like CSL Limited (ASX:CSL).
VN-Index dips, ending three-session gaining streak - VnExpress International
Vietnam’s benchmark stock market index slipped 0.08 percent to 937.45 points Friday, ending a three-session gaining streak.
IRB Infra Q3 PAT down 27% at Rs 160 crore
Total expenses increased to Rs 1,534.36 crore, from Rs 1,446.82 crore earlier.
F&O: Options signal Nifty range in 12,000-12,300 zone
India VIX moved up by 1.83 per cent to 13.61.
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.
Beeping power bank in unclaimed bag triggers bomb scare in SC
Security officials said the bag was emptied at an isolated place and it was found that the beep sound was coming out of a power bank.
After Supreme Court rap, DoT orders telcos to clear dues immediately
The order by the DoT has asked telcos to clear dues by 11.59 pm Friday.
WanaArtha Life’s securities accounts blocked by AGO in Jiwasraya trickle down effect
WanaArtha Life assured its policyholders that the policy benefits in the insurer were safe and that it was trying to handle the situation with the AGO, OJK and other relevant authorities.
The PlayStation 5 could cost as much as $470 as Sony reportedly struggles to keep the cost of parts down
PlayStation insiders said exactly where the company prices the PS5 will depend on where rival Microsoft prices its next-generation Xbox.
BIR: Taxpayers should use online tax payment facilities
As the filing of the 2019 income tax returns nears, the Bureau of Internal Revenue (BIR) asked yesterday all taxpayers to make use of the online payment system which is more convenient and easy to use.
Tax Appeals Commission dismisses bank’s attempt to write off Revenue bill
Unidentified bank facing assessment of €1.4 million
SpaceX plans to launch fifth Starlink batch Saturday
ORLANDO, Fla., Feb. 14 (UPI) -- SpaceX plans to launch its fifth batch of Starlink satellites from Florida at 10:47 a.m. EST on Saturday, with a marginally favorable weather forecast.
SpaceX plans to launch fifth Starlink batch Sunday
ORLANDO, Fla., Feb. 14 (UPI) -- SpaceX plans to launch its fifth batch of Starlink satellites from Florida at 10:25 a.m. EST on Sunday, after postponing a Saturday attempt due to weather concerns.
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.
What Farmers Are Reading This Week, February 7-14
This week, multiple companies released new information on equipment. Along with the equipment updates, the USDA released a new report, crop insurance received a cut, and hemp stayed in the news. If you missed anything from last week, follow the Successful Farming staff’s work in last week's recap. Read more: What Farmers Are Reading This Week, January 31-February 6
GRAINS-U.S. soybeans stay firm as market awaits return of Chinese buying
* Soybeans set for second weekly gain in a row* Market expects Chinese demand as trade deal takes effect* Wheat, corn also steady as virus concerns abate (Updates with European trading, changes)By Gus Trompiz and Naveen ThukralPARIS/SINGAPORE, Feb 14 (Reuters) - Chicago soybean futures edged higher on Friday to stay on course for a second week of gains on expectations that China will step up purchases of U.S. crop.Corn and wheat also ticked up but were heading for a weekly fall as large global supplies offset support from steady export demand.
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.
You've Never Heard of the C-Suite Targeting Scam, but It's a Killer
A widespread but far less understood scam cost U.S. businesses more than $1.7 billion in 2019.
Coronavirus: Third Indian on cruise ship in Japan tests positive; all are doing well, says embassy
They have been taken to ‘hospitals for further treatment and quarantine’.
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?
How a chlorine-free wash programme could benefit your milking equipment cleaning regime
Dairy farmers are now turning to the use of a chlorine-free wash programme in their daily cleaning routines to disinfect and clean their milking equipment.
Teagasc Hill Sheep Conference comes to Ballybofey next week
The contribution of hill sheep farms to maintaining and enhancing the uplands environment will be the focus of the Teagasc sheep conference.
Withdraw income tax on overseas tours, travel agents petition PM Modi
The government introduced five per cent TCS on overseas tour packages with an aim to plug revenue leakag
ESIC to hike confinement expenses for maternity services to Rs 7,500
The decision was taken at an ESIC meeting chaired by Labour Minister Santosh Gangwar on Thursday
DoT to finalise firm to develop spectrum auction software by March 6
The delay is likely to push spectrum auction to July-August this year, according to sources. mjunction and e-Procurement Technologies have experience to design module for spectrum auction.
Exports decline by 1.66% year-on-year to $25.97 billion in January
Imports too declined by 0.75 per cent USD 41.14 billion, leaving a trade deficit of USD 15.17 billion during the month under review
Sebi seeks explanation from former CARE Rating chairman, MD for interference in ratings
Markets regulator Sebi has sought explanation from erstwhile managing director and CEO, and chairman of CARE Rating for their interference in the rating process of entities including DHFL, IL&FS and Yes Bank, sources said. In a letter on February
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
Airtel offers to pay Rs 10,000 cr by Feb 20, rest before next hearing date
Airtel owes nearly Rs 35,586 crore, including licence fee and spectrum usage charge, to the government
IOB to focus on MSME, will increase lending to Rs 50,000 cr: Official
Laying more focus on MSME segment, IOB would increase its lending to the sector from the present Rs 31,000 cr to Rs 50,000 cr in a couple of years from now.
Sebi constitutes municipal bonds development committee
Markets regulator Sebi on Friday said it has constituted a committee which will suggest on policy matters pertaining to development of municipal debt securities and facilitate municipalities for issuance of such bonds. The regulator has constituted
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.
Coronavirus: Third Indian crew on board cruise ship off Japanese coast tests positive
A third Indian crew on board a cruise ship off the Japanese coast has tested positive for the novel coronavirus, the Indian Embassy in Japan said on Friday as authorities confirmed that 218 people have been infected with the deadly virus on the quarantined ship.
3 Small-Cap Stocks With Big-Cap Potential
You may wish you had bought Axos Financial, Telaria, and Yext now if they hit their upside potential later.
Amazon May Have Finally Cracked This Huge Retail Category
The company's decade-long efforts to make inroads in this $700 billion category may be starting to pay off.
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.
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.
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.
EU jobs commissioner: Workers must have right to disconnect
’We’re not robots,’ says Nicolas Schmit.
Russia Leads Multinational Stablecoin Initiative
Russia is taking the lead in issuing a multinational stablecoin backed by commodities with the Eurasian Economic Union, or EAEU, and BRICS countries.
OKEx Expands Into India’s Crypto Market via Partnership With Local Exchange
Despite the ongoing uncertainty toward crypto regulation in India, major global crypto exchange OKEx has just made another push in the country’s market.
Huawei hit hard by coronavirus in China, new criminal charges in U.S.
There's lots of bad news piling up for Huawei, the firm often considered to be Android's best hope of challenging Apple's leadership in smartphone design and business competency.
Study: Effectiveness of program that pays farmers to conserve water
Crops need water. And in the central United States, the increasing scarcity of water resources is becoming a threat to the nation's food production.
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,
Exclusive: Intel Xe HP 4-Tile 500W GPU EU Count Leaked, No It’s Not 512
Well, well, well, I have something really interesting for you. Remember the Xe HP GPU leak from a couple of days back that showcased a 4-tile 500W GPU? And remember how most people assumed this is a 512 EU affair with 4096 cores? Well, I decided to ask one of my sources working at Intel …
The challenges of compliance in an as-a-service world
Software-as-a-service (SaaS) is rapidly replacing applications that were once hosted on-premises. There are compelling reasons for switching to SaaS. Costs are lower, there’s no in-house equipment or software to deal with, and no updates or patches to manage. Organizations are obviously aware of the advantages. Experts at Gartner estimate that SaaS global revenue will exceed $94 billion in 2019, up 18.5 percent over 2018. The outlook for future growth is even more promising, with projections that revenue will soar to $143.7 billion by 2022.
Is professional investment advice worth the fees?
Determining the value of professional investment advice is a catch-22. While professional guidance has proven to boost returns over time, the cost of paying for it also eats away at those returns over time.
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.
AMP embarks on 'whole of wealth' cross-sell
The strategy unveiled by the AMP CEO has seen Bell Potter put a Buy recommendation on the stock for the first time in four years.
Nest-egg nerves: the challenge facing super funds
With consistently good returns under their belt, how well prepared are super funds for a downturn?
It's how to hit climate targets that matters
Business has taken the lead in propelling Australia towards net zero carbon emissions by 2050.
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.
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.
These 15 matchmaking and social media startups want to change how we connect
The first thing that comes to mind when we think of social platforms and matchmaking is usually dating apps, but the potential of matchmaking algorithms goes way beyond making personal connections. Sometimes all you’re looking for is a developer with the right tech skills to get your fantasy project off the ground, or someone who […]
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.
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.”
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
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
US: Retail Sales rose 0.3% in January as expected
Retail Sales in the US increased by 0.3% on a monthly basis in January following December's 0.2% growth, the advanced data published by the US Census
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
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
RompHim goes out of business
RompHim, the rompers-for-men company that achieved viral success a couple of years back, is going out of business. CNN reports that the initial focus on marketing to straight bros limited their app…
Why “De-growth” Shouldn’t Scare Businesses
There’s opportunity in an economy that produces and consumes less.
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.
Tesla prices its second offering of stock at $767 apiece
Tesla priced its second offering of stock at $767 apiece Friday.
Supercharging decarbonization through intelligent technologies
Integrating digital tools into the world's energy systems could reduce carbon emissions by more than 50%, a new review has found.
Is It Time To Say ‘Goodbye, Vodafone?’ Choice Is Government Takeover Or Bankruptcy
The political cost of offering huge bailouts can be high.
Indian Ports Not To Allow Disembarkation Of Chinese Ships’ Crew To Avoid Spreading Of Deadly Coronavirus
Besides China, crew of the ships from Thailand, Singapore, Hong Kong and Macau will also not be allowed to disembark.
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
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 …
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.
Costly onion, potato push WPI inflation to 3.1% in Jan
Both food, non-food articles inflation are expected to rise further, say experts
Lakshmi Vilas Bank posts ₹334-cr loss in Q3
Our Bureau Private sector lender Lakshmi Vilas Bank (LVB) posted a net loss of ₹334 crore in the third quarter of FY20 when compared to the ₹373-crore net loss recorded in the same period the previous
IRDAI to set up common electronic platform to settle health insurance claims
The Insurance Regulatory and Development Authority of India (IRDAI) is looking at setting up a common electronic platform for settling health insurance claims.The platform, which is expected to come
Mining ban has shaved ₹7,000 crore off Goa’s economy, says report
Ban has severely impacted jobs, says CMIE report
Mobile banking, FinTech services under threat as critical upgrade costs soar
Digital mobile banking in Zimbabwe has matured beyond the proof-of-concept stage into mainstream adoption where it is servicing millions, driving local transact...
An inside look at the debate around pandemic bonds, which have $425 million hinging on how deadly the coronavirus ends up being
A group of unique bondholders will either reap massive profits or lose hundreds of millions of dollars as the coronavirus outbreak escalates.
HCB Financial: A Modestly Overvalued Bank
HCB Financial is a solid community bank serving an area in southwestern Michigan.A conservative loan portfolio, however, offsets a remarkably low cost deposit base to limit the company's net interest
Coronavirus And Credit - A Perfect Storm
This article posits that the spread of the coronavirus coincides with the downturn in the global credit cycle, with potentially catastrophic results.The credit crisis was already likely to be severe,
TechTarget: Hop On The Priority Engine Express For 75% Gains
TechTarget has significant barriers to entry and lots of operating leverage.Priority Engine Express will accelerate organic revenue growth.75% upside is possible with robust EBITDA growth.
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 …
Warning of empty shelves
Sectors from retail to oil and gas are calling on governments to resolve a dispute with anti-pipeline protesters as a rail blockade enters its ninth day, extending railway shutdowns and threatening shortages of groceries, propane, drinking water and other goods.
Lack of wood closes mill
Hundreds of forest industry workers will be affected as a pulp and paper mill on Vancouver Island shuts down for one month because it says it can't get enough wood.
PhonePe earmarks ₹800 crore marketing budget to take on competition
It has signed up Alia Bhatt to create awareness.The platform aims add over 100 million users every year
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
If you haven't started saving for retirement, don't panic, but get a plan
OTTAWA - Canadians are bombarded by advertising preaching the virtues of starting to save for retirement early, letting the benefits of time and compound in
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
Europe wants G20 to make taxing digital giants top priority this year
Finance ministers and central bank governors of the world’s 20 biggest economies meet on Feb. 22-23 in Riyadh
U.S. January core retail sales unchanged; December revised down
Sales at clothing stores declined by the most since 2009
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.
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.
Procurement, Digital Banking See VC Funding Rounds
This week's B2B funding focused on Software-as-a-Service (SaaS), cash flow amid streamlining payments and supply chain visibility, as well as digital banking.
How Dynamic Supply Chain Analytics Smooths Cash Flow
ClearMetal discusses the impact of static data analytics on cash flow through the supply chain, with impacts on inventory and invoice-to-payment cycles.
4 of the biggest news pieces from the ASX200 this week
These were 4 of the biggest news items from the ASX 200 (ASX:XJO) this week. Read how this affected these individual companies.
Beware of the perils of swimming against the tide
Why the share market and the ocean have much in common, and the lessons we can take from learning not to swim against the tide.
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.
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.
Asia sees sharp decline in match-fixing, says AFC
"From 2016 we've witnessed a decline in match-fixing across Asia by 21% and with our efforts in tandem with Sportradar, the preventive measures we've introduced have produced positive results," Benoit Pasquier, AFC General Counsel and Director of Legal Affairs, told Reuters by email.
10 things you need to know before the opening bell
This is what traders are talking about.
Solar farm as big as 19 rugby pitches and overlooking Swansea city centre is planned for Kilvey Hill
But energy bosses insist it wouldn't have an impact on the amazing views across Swansea Bay
A Huge 76% of UK IT Projects Overrun: Mulesoft
Over three quarters (76%) of UK IT projects overrun, a new report by Mulesoft finds. And resourcing constraints married to big ambitions are...
Alan Costello: Engineering a bright future for everyone
THE last 10 months have been particularly busy, and rewarding, for Alan Costello. In April 2019, he was elected chairman of the Cork branch of Engineers Ireland.
Enterprise Ireland ranked second globally for VC deal count
State agency backed 200 early-stage companies last year with about 1,500 in its portfolio
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.
An inside look at the debate around pandemic bonds, which have $425 million hinging on how deadly the coronavirus ends up being
A group of unique bondholders will either reap massive profits or lose hundreds of millions of dollars as the coronavirus outbreak escalates.
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.
Russia hints at Belarus joining it in a unified state in exchange for oil deal: Lukashenko
MINSK (Reuters) - Moscow has hinted at giving Minsk a deal on energy prices in exchange for Belarus joining Russia in a unified state, Belarusian President Alexander Lukashenko said on Friday, the state news agency Belta reported.
When to Stay or Walk Away: Your Guide to Navigating Business Development
Follow these 4 guidelines, and keep your head in the game of business development.
Kolkata: Mamata Banerjee ‘felt bad’ about not being invited to metro corridor inauguration
Union Railway Minister Piyush Goyal flagged off the first phase of the East-West Metro Corridor project on Thursday.
South Africa's fuel prices to drop (with diesel users to benefit most)...
The AA says “steady declines in international oil prices" have set the stage for fuel price reductions at month end, despite a weakening rand.
Germany’s BaFin Alerts Residents to Nexo – Group
The Federal Financial Supervisory Authority, more commonly known as BaFin, has published a warning on its website this Friday.
Glenmark Pharma Q3 consolidated net profit rises 64% to Rs 190.83 crore
Consolidated revenue of the company stood at Rs 2,735.56 crore for the quarter under consideration as against Rs 2,555.04 crore for the corresponding period a year ago.
RPower net profit declines 57 pc to Rs 49 crore in Dec quarter
Reliance Power (RPower) on Friday said its consolidated net profit has dipped over 57 per cent to Rs 49.39 crore in the December 2019 quarter, mainly due to lower income. The company's consolidated net profit had stood at Rs 116.44 crore in the
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
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
136 million euros to energise Macedonia
Greek City Times 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.
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
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.
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
Hong Kong stocks end week higher as virus deaths fall
Hong Kong stocks edged up on Friday, as the daily death and infection tolls in the epicentre of the coronavirus outbreak returned to lower levels, following a dramatic spike the previous day. At the
Puerto Rico loses millions in email phishing scam
Authorities have frozen $2.9 million but haven't revealed how much money was stolen.
47% of Near-Retirees Don't Know How to Answer This Important Question
Hint: It involves your Social Security benefits.
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.
Kevin Carmichael: Bombardier may have failed, but at least it tried to win
Kevin Carmichael: A humbling time for one of Canada’s great enterprises
Tesla prices its second offering of stock at US$767 apiece
Tesla priced its second offering of stock at US$767 apiece Friday.
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.
Collect on Rite Aid’s Short-Term Bullishness
My regular readers know I never want to buck the tape, or go against the action in the market, which is why I am recommending a bullish call option on Rite Aid Corporation (NYSE:RAD).
Amazon Stock Is a Buy if Not for the Coronavirus
But it’s the coronavirus, not the tremendous spike in market value, that investors should be worried about in the nearer term.
3 Defense Stocks for Geopolitical Turmoil
International conflict can bring investing opportunities. Here are three defense stocks to consider in these uncertain times.
It’s Time to Plug into PLUG Stock
Another deal and a technical big deal on the price chart puts PLUG stock into buying position for continued momentum.
Online scam reveals a lack of controls
Experts say that the possible theft of $4.1 million in public funds shows problems in public administration systems and that cybercrime continues to accelerate
Tamil Nadu Budget: AIADMK govt focuses on flagship welfare schemes, education
he Chief Minister K Palaniswami-led government, which has been implementing a slew of welfare schemes announced the formation of a not-for-profit special purpose vehicle to finance and manage the Amma Unavgam, the pet project of Former Chief Minister J Jayalalithaa and allocated Rs 100 crore.
Trader: Ethereum Can Hit $440 But Indicator Warns Altcoin ‘Overbought’
“Serious resistance” should trigger above $400 as General Strength Indicator suggests Ether is at its most overbought since May 2019.
Chemical process breaks down lignin and turns birch wood into usable chemical products
A team of researchers affiliated with multiple institutions in Belgium has developed a chemical process that breaks down lignin and turns birch wood into usable chemical products. In their paper published ...
Status update: OSIRIS-REx Osprey Flyover
NASA's OSIRIS-REx spacecraft safely executed a 0.4-mile (620-m) flyover of the backup sample collection site Osprey as part of the mission's Reconnaissance B phase activities. Preliminary telemetry, however, ...
Q&A: Coronavirus likely to infect the global economy
The rapid development of China's coronavirus crisis coincided with the annual idling of much of the country's economic activity due to the Lunar New Year break, which typically runs for a week or two. ...
The Two-Step Path To Financial Independence
If you’re interested in financial independence, whether you want to see if you can accumulate enough capital to retire early or just want the kind of financial stability that lets you live your life as you choose, there’s a two-step path to getting there....
Kering Turned Over Approximately $17.15 Billion USD in 2019
With Gucci contributing approximately $10.42 billion USD alone.
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.
Kraft Heinz’s Junk Downgrade Rekindles Bond Market Jitters
Kraft Heinz Co., the iconic food giant created in a merger five years ago, was downgraded to junk by two credit raters, raising fresh worries among investors that a slowing economy could threaten the broader corporate bond market.
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.
FG transfers oil assets, OML 98, from PanOcean to NPDC
The Federal Government, yesterday, transferred ownership of Oil Mining Lease, OML, 98 to the Nigerian Petroleum Development Company, NPDC,
FG transfers oil assets, OML 98, from PanOcean to NPDC
The Federal Government, Friday, transferred ownership of Oil Mining Lease, OML, 98 to the Nigerian Petroleum Development Company, NPDC
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
USD/CAD slides to 2-week lows, further below mid-1.3200s
The USD/CAD pair maintained its offered tone through the early North-American session and dropped to fresh two-week lows, around the 1.3235 region in
USD/JPY drops below 109.80 after uninspiring US data
The USD/JPY pair lost nearly 15 pips with the initial reaction to Retail Sales and Industrial Production data from the US and touched a session low of
Oil: St. Valentine brings affection – TDS
There are some risks to be dealing with it yet but energy markets are taking a relaxed St. Valentine’s day, according to analysts at TD Securities. Br
GBP/USD: Spending will not alleviate Brexit pressure – Rabobank
The cable gained some traction yesterday following the resignation of the Chancellor Sajid Javid, but analysts at Rabobank are still seeing hurdles in
Wall Street opens slightly higher following mixed US data
Wall Street's main indexes started the day slightly higher on Friday as investors assess the latest batch up of macroeconomic data releases from the U
EUR/USD tests daily highs around 1.0850 post-US data
The shred currency has recovered the smile at the end of the week, with EUR/USD now navigating the upper end of the daily range around 1.0850. EUR/USD
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
US: Unconvinced retail sales data
The United States has just released retail sales data and the numbers were slightly higher but failed to convince the market, Joseph Trevisani from FX
US Dollar Index challenges daily lows near 99.00, U-Mich in sight
The US Dollar Index (DXY), which tracks the buck vs a bundle of its main competitors, remains on the defensive at the end of the week and is now flirt
US: Industrial Production declined 0.3% in January vs. -0.2% expected
Industrial Production in the US declined 0.3% in January, the data published by the Federal Reserve showed on Friday. This reading came in slightly wo
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.
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.
Mobility in Africa, breaking new grounds
As Africa enters a technology revolution, the pace of urbanisation will increase, and the ever-pressing issue of mobility will increase with it.
CBN condemns receiving foreign currency in transfers
CBN has lamented the rate at which international money transfers are done in foreign currencies by Nigerians, saying it is detrimental to naira.
GSA and NIC hold sensitisation forum on Cargo Insurance Draft Protocol
news, story, article
Facebook’s Zuckerberg wants ‘new framework’ for digital tax
Paris, France | AFP | Facebook founder and CEO Mark Zuckerberg on Friday backed moves by the OECD group of free-market economies to reform the way online giants are taxed worldwide, even if that means companies like his own paying more to national governments. “We also want tax reform and I’m glad the OECD is looking …
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.
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.
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.
Capgemini plans quarterly appraisals for entry-level workforce
To add 25,000 techies this year through mix of campus and lateral hires
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
ONGC net profit falls 50% to ₹4,152 crore in Q3
ONGC has reported a ₹4,151.63 crore standalone net profit for the third quarter of financial year 2019-2020. This is 49.75 per cent lower than the ₹8,262.7 crore profit reported in the comparable quar
MSME in Tamil Nadu | An up-close view
Tamil Nadu continues to be a vibrant industrial State, with a large base of big factories and small units. The State has an estimated seven lakh registered micro, small and medium enterprises (MSME),
'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.
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.
Samsung Electronics board chairman jailed for union-busting activities offers to resign
Samsung Electronics said on Friday that Lee Sang-hoon, the chairman of its board, had offered to resign, without elaborating on a reason.
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
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
Facebook - This Cash Machine Keeps On Spitting Out Money
Facebook's cash (and cash equivalents) balance keeps on increasing, exceeding the $50Bn mark (~$55Bn at year end 2020). This is fuelled by strong annual operating cash flow, which has now surpassed th
2 Well-Covered 8% Yields Below Call Value: DCP Midstream LP
DCP has two preferred issues with 12.92X distribution coverage in 2019.Both are below their $25 call value.DCP's 15%-plus common unit yield's coverage also is detailed.Earnings, growth projects, analy
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.
5 bad money habits to give up sooner rather than later
We're not talking about pinching pennies — we're talking about bad money habits that are holding you back from building wealth.
RISE OF THE CIO: How the digital revolution is changing the role and making it a critical part of the C-suite
Business Insider explores the minds of top CIOs leading tech overhauls to see how they're dealing with the changing duties of the role.
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.
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.
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.
The false promise of “renewable natural gas”
It’s no substitute for shifting to clean electricity.
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
Income Tax Department busts ₹2000 crore black money racket in Andhra Pradesh, Telangana
Searches conducted by the department earlier this month covered more than 40 premises.Chandrababu Naidu’s associate was covered in the search operation
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
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
Budget: farmers disappointed
Farmers’ organisations are disappointed with the State budget in view of lack of an announcement on crop loan waiver and increase in paddy procurement price. They have expressed concern over the gover
Digix, Developer of First Asset-backed Digital Gold Token, Launches Revamped Marketplace and Website
Digix, the developer of the first asset-backed digital gold token, recently upgraded its online marketplace and website. The company’s new marketplace and dig
Digital Asset Exchange Liquid.com to Launch FF1 Token, a Cryptocurrency that Helps Create a Diversified and Risk-Managed Investment Portfolio
Liquid.com, a globally accessible digital asset exchange, confirmed on February 11, 2020, that Two Prime’s inaugural FF Token, the FF1, will be officially int
Amazon wins suspension of $10bn 'JEDI' contract to Microsoft
Amazon has alleged it was shut out of the deal because of President Donald Trump's vendetta against the company and its chief executive Jeff Bezos.
After Supreme Court Rap, DoT Directs Telcos to Pay AGR Dues by 11:59 PM Tonight
The order by the DoT has asked telcos to clear dues by 11.59 pm Friday.
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.
MyTheresa eCommerce Fashion Brand Plans To Go Public
MyTheresa, the online luxury fashion retailer, plans to list on the New York Stock Exchange to take advantage of robust equity markets.
Retirement hack: cheap dividend stocks could make you a million
Buying undervalued income shares could boost your chances of generating a seven-figure portfolio.
GTBank, Zenith, Access, First bank, UBA get some Love on Valentine’s Day
Love is in the air and Nigerian bank users have spoken. ‘Who is the love of your life? Who is your crush? Your side boo? Your worst ex? Who will you break up with?’ Here at Ciuci Consulting, our annual banking report – What Retail Banking Customers Want for 2020 has started on a ‘love note’ with the #BankLoveChallenge.
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.
Aldi is about to increase the price of its bag for life up to 15p
Stores will also scrap single-use produce bags
Watch live: Northrop launches cargo capsule to space station
ORLANDO, Fla., Feb. 14 (UPI) -- Northrop Grumman has reset its plans to launch a cargo capsule to the International Space Station from Virginia at 3:43 p.m. EST Friday.
Tesla plans second stock offering to raise more than $2B
Feb. 14 (UPI) -- Electric automaker Tesla says it will make a secondary stock offer in a bid to raise more than $2 billion to shore up its balance sheet -- less than two weeks after boss Elon Musk said it "didn't make sense" to raise more money.
Cocoa traders expect adverse weather, hoarding to hit Ivorian sales
ABIDJAN/LONDON (Reuters) - Adverse weather and hoarding in Ivory Coast could see sales of the top cocoa producer’s largest export fall some way short of consensus, which could push global prices higher, traders said.
Thai villagers turn to court in protest over Mekong dam in Laos
BANGKOK (Reuters) - Villagers along the Mekong River have asked a court in Bangkok on Friday to slow down Thai purchases of electricity from a hydropower dam in Laos, which they say has harmed their livelihoods since it began operation last year.
Zuckerberg ready for Facebook to pay more tax as welcomes rules review
MUNICH (Reuters) - Facebook (FB.O) Chief Executive Mark Zuckerberg accepts that global tax reforms mean it may have to pay more taxes in different countries, excerpts of a speech he is due to deliver in Germany on Saturday show.
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.
The IRS won't ask you to report 'Fortnite' V-Bucks on tax returns
The agency's overall approach to in-game currency isn't clear, though.
Stock investors say Ramaphosa’s speech was too light on details
Market participants will look for answers in the budget speech.
Ramaphosa plan no quick fix for SA’s energy woes
Industry experts are looking for timelines.
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.
Compensation from Boeing over 737 MAX grounding key to SpiceJet operations
Incentives crucial for its survival as 737 MAX grounding stalls expansion plans
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
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
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
Fortis Q3 net loss narrows to Rs 69.32 cr on good show in hospital business
The third quarter of 2019-20 continues to witness earnings growth with margin expansion in the hospitals business
PAN not linked with Aadhaar to become inoperative after March 31: I-T dept
The deadline for linking of PAN and Aadhar has been extended several times and the current deadline ends on March 31, 2020
Huawei gets another reprieve from the Commerce Department
Huawei has been under a lot of trouble ever since the company was banned by the United States government from doing business US-based companies.
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.
MoUs for investment of more than Rs 1 lakh cr are being signed: BS Yediyurappa
Karnataka Chief Minister B S Yediyurappa stated that MoUs for investment of more than Rs one lakh crore at different places in North Karnataka region are being signed. He made the announcement at
Euro rebounds as U.S. stocks drop, growth concerns remain
NEW YORK — The euro bounced against thegreenback on Friday as U.S. stocks declined from record highs,though concerns about growth in the eurozone are expected tokeep weighing on the single currency.
What’s It Going to Take for Zillow to Get Back to $150?
Zillow Group’s latest partnership with regional homebuilders could help Z stock and ZG stock get to $150. Here’s why.
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.
Erosion Control: Edo, NEWMAP begin compensation exercise
The Edo State Nigeria Erosion and Watershed Management Project (Edo NEWMAP) has commenced payment of compensation to about...
Students tell all about Open Africa Power 2020 experience
Three students that participated in Enel Foundation's Open Africa Power 2020 programme, give their impression of the programme.
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...
Cruise industry shuns Asia, seeking to limit Covid-19 risks
BANGKOK, Feb 14 — The plight of the cruise ship off Japan with more than 200 coronavirus infections and the shunning of another luxury liner by five ports despite no known cases has led to a sharp change in tack for an industry in shock: avoid Asia. To that end, many cruises in the region are...
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...
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,...
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...
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
Water main repairs to clog traffic around McCully Street | Honolulu Star-Advertiser
Board of Water Supply repair work continues today on a damaged 30-inch main at McCully and Young streets, which will affect traffic in the area.
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.
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.
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.
Asian Defence Spending Increases By More Than 50% In 10 Years, Report Says
The International Institute for Strategic Studies study suggests 2019 saw the largest yearly global defence-spending rise in a decade.
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
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
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
US: UoM Consumer Confidence improves to 100.9 in February from 99.8
The University of Michigan's Survey of Consumers revealed that the Index of Consumer Sentiment in February improved to 100.9 (preliminary) from 99.8 i
USD/CAD rebounds from session lows, trades above 1.3250
The USD/CAD pair dropped to a daily low of 1.3233 during the early trading hours of the American session but easily erased a large portion of its loss
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
AUD/USD: Recovery not guaranteed
AUD/USD has been on the rise amid a calmer market mood. However, technically, the pair shows signs of a short-term drop, according to Yohay Elam from
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.
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.
Interim EconMin Popescu in Mangalia: I am very pleased with how Damen Shipyard developed
Interim Minister of Economy, Energy and Business Environment Virgil Popescu has stated on Friday, during a visit paid to the Damen Mangalia...
Rs 77.94 Crore Mega Food Park, 8 Agro-Processing Clusters To Be Set Up In Tamil Nadu: Deputy CM Panneerselvam
Tamil Nadu government has approved setting up of mega food park and eight agro processing clusters in the state, said Deputy Chief Minister O Panneerselvam.
The DNC was reportedly 'intimately involved' with the creation of the infamous app that botched the Iowa caucuses, Business Insider - Business Insider Singapore
Business Insider - National Democratic party officials had requested access to the app before the caucuses, according to a report by Yahoo News.. Read more at businessinsider.sg
Asian market helps Manulife and Sun Life in latest quarters
Both companies have offices in Waterloo Region
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
Forex reserves soar to record $473 b
India’s foreign exchange reserves rose by $1.701 billion to a lifetime high of $473 billion in the week to February 7 on account of the increase in foreign currency assets, according to RBI data. In t
Textile industry told to diversify to polyester to boost exports
Ravi Capoor, Secretary (Textiles), has urged the industry to diversify to polyester textile products to boost exports.His advice follows the government’s decision to abolish anti-dumping duty on P
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.
‘Bali remains safe’, says provincial health agency after Chinese tourist tested positive for COVID-19
DENPASAR, Bali: A traveller who was tested positive for COVID-19 after returning to China from Bali is unlikely to have contracted the virus in ...
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
Momo: Cheap By Any Metric
MOMO is a fast growth, Chinese tech company with a gigantic addressable market that is priced like a value stock.MOMO is cheap compared to other dating app/site companies and other Chinese social medi
U.S. Dollar Rises On Continued Flow Of 'Safe Haven' Money
The recent rise in the value of the US dollar appears to be connected with the flow of risk averse monies seeking a safe haven investment.This is not a new factor for US markets as the country has rec
Abercrombie & Fitch's Restructuring Is Attractive At The Current Price
While searching stocks in the US retail sector, we detected Abercrombie & Fitch fulfills many requirements to increase chances of a successful turnaround.One of them is the clear net cash position, wh
Yamana Gold: Digging Into The FY-2019 Report
Yamana Gold reported FY-2019 production results, meeting both cost and annual production guidance, and is expecting similar operating metrics for FY-2020.The company raised its dividend yet again last
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
The DNC was reportedly 'intimately involved' with the creation of the infamous app that botched the Iowa caucuses
National Democratic party officials had requested access to the app before the caucuses, according to a report by Yahoo News.
Over $1 million to help Tairawhiti youth into employment - Willie Jackson
Employment Minister Willie Jackson announced today that TairÄwhiti rangatahi will benefit from an investment made by the Government’s He Poutama Rangatahi (HPR) scheme.
Goldman Sachs-backed intel analytics co Cyfirma raises funds from Z3Partners
The firm has raised $8 million till date.Funds to be used to enhance its predictive capabilities
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.
Makeover of 35 junctions on the cards
BBMP to finalise design soon, say senior officials
Fiscal federalism is need of the hour: KTR
‘Telangana’s growth model ideal for overcoming economic slowdown’
Low prices dash hopes of turmeric farmers
Actual price would be decided after the harvest picks up, says trader
State apprehensive over Indo-U.S. trade talks
Sunil Kumar writes to Centre seeking safeguards for farmers
Smartlands Looks to Lichtenstein Law for Blockchain based Services, Targets HNWs
Smartlands, a blockchain based Fintech that lays claim to tokenizing the first real estate offering in the UK, says it will revise and expand its legal framewor
Ukraine's NSDC to cooperate with global IT giants in countering cyber threats
They will interact via the platform of the National Coordinating Center for Cybersecurity.
Huawei, Meng face new US charges of trade secrets theft
The new charges, including a federal racketeering allegation, add to an indictment unsealed in January 2019 that alleged Huawei stole trade secrets from US carrier T-Mobile.
Foreign investors in row over Lebanese debt
Ashmore has locked horns with other creditors, including Pimco
Google in talks with French publishers on paying for news
Le Monde and Le Figaro are among the groups involved in early discussions
The DNC was reportedly 'intimately involved' with the creation of the infamous app that botched the Iowa caucuses
National Democratic party officials had requested access to the app before the caucuses, according to a report by Yahoo News.
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.
Bitcoin to Form Golden Cross but It Cannot Guarantee a Bull Run
Bitcoin traders are enthusiastic about a textbook technical indicator whose formation could send the asset's prices higher. Dubbed as Golden Cross, the
Rat stuck in window and decomposing rodent among Walsall hygiene horrors
A rat scurrying across a shop window, dead rodents, filthy cooking equipment and out-of-date food putting lives at risk.
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.
Huawei, Meng face new US charges of trade secrets theft
Chinese tech giant Huawei has been hit with fresh US criminal charges alleging a "decades-long" effort to steal trade secrets from American companies.
Temasek arm sells Rs 204 crore Godrej Agrovet shares
The shares were offloaded on an average price of Rs 539.13, valuing the transaction at Rs 204.04 crore.
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.
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.
No discounts, no problem: E-wallet users stick around despite less cash back
GoPay has the highest number "organic" users with 54 percent of respondents willing to continue using the e-wallet without promotions. OVO came in second with 29 percent organic users while DANA and LinkAja had 11 percent and 6 percent, respectively.
Quick strategies needed to shift dependency on China
China is Indonesia's largest trading partner, our second-largest supplier and third-largest foreign investor. These three indicators should be more than enough for us to be vigilant and immediately anticipate further adverse impacts.
How this row of bungalows has become unlikely test bed for cheaper electric bills - but it comes at a whopping cost
The Swansea Valley properties will be fitted with gizmos like new Tesla batteries
Gas-fired power plant could be built on green belt land
The power plant would be roughly the size of a five-storey building
DA allocates P3.7 million for Negros Oriental abaca, cotton farmers
CEBU CITY – The Department of Agriculture (DA) and the Fiber Industry Development Authority (FIDA) allocated about P3.7 million in financial assistance for the development and expansion projects of abaca and cotton farmers in Negros Oriental.
A Seismic Shift? Kraken Releases January Bitcoin Volatility Report
Kraken Intelligence, our team of in-house research experts, has released its Bitcoin Volatility Report for January, 2020. Key Takeaways BTC’s +30.3% price appreciation marked its best start to the year since 2013. Stronger 1-month correlations with gold, oil, and US treasuries suggest that the Iran-US…
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
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.
Corporate diversity: Amazon
Re: “Amazon’s leadership team is slowly adding diversity” : Shareholders aren’t going to pressure Jeff Bezos to speed up the pace of diversity because the performance of Amazon...
Calgary's housing market shows growing strength
The market is in better shape than you might think.The latest housing market update from the City of Calgary points to improving economic conditions that put Calgary’s housing market in balan…
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.
These were the 10 biggest European tech stories this week
These were the 10 biggest European tech stories this week
Paris-based Qwarry snags €2 million to boost its cookie-free adtech solution
French startup Qwarry, specializing in advertising targeting, has raised €2 million from Normandie Participations, West Web Valley, Apicap and Crédit Agricole Innove in Normandy.
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
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
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
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.
BlackRock Becomes a Symbol for Anticapitalist Fervor in France
Suspicions that the Wall Street giant sought to influence President Macron’s overhaul of the nation’s pension system have made the company a target of protesters.
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....
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
COBOL stays top of mind for businesses in 2020
Study finds over half of organizations plan to improve existing COBOL systems this year.
Up 60% the Last 6 Months, This Cloud Company Just Boosted Its Growth Prospects
Important new partnerships will materialize over the next few quarters.
3 Stocks That Will Only Break Your Heart
A display chip designer, electric-car maker, and space travel upstart are hot names this year, but they could cool down at this point.
Belarus to Russia: We'll siphon off your transit oil to Europe if necessary
MINSK — Belarus threatened to siphon off oil from Russia’s transit pipeline to Europe unless Moscow restarted crude supplies and accused the Kremlin on Friday of using energy prices as leverage to try to swallow up its former Soviet neighbor.
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
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.
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.
7 Micro-Cap Stocks That Could Double
Hidden micro-cap gems are hard to find, unless investors screen for value and strong revenue growth.
NSW Facing Water Quality Concerns After Bushfires And Heavy Rains
NSW's water authority has admitted significant amounts of ash and debris have been washed into Sydney's main catchment area in the wake of devastating bushfires and the state's recent deluge of rain....
21 states reject $18 billion opioid settlement offer from drug wholesalers
More than 20 state attorneys general on Friday penned a letter rejecting an $18 billion settlement offer from three major drug wholesalers meant to end litigation against their role in the opioid
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.
Dr M to announce economic stimulus package on Feb 27
KUALA LUMPUR: Prime Minister Tun Dr Mahathir Mohamad will announce an economic stimulus package on Feb 27 to mitigate the adverse external economic impacts brought about by the Covid-19 outbreak.
Virgin Galactic's record-breaking week doesn't stop short-sellers
Richard Branson’s Virgin Galactic Holdings Inc. may close at another record on Friday after hitting new highs every day this week, but bearish bets are climbing too.
Plateau SUBEB opens bid for 130 projects
The Plateau State Universal Basic Education Board (SUBEB) on Friday opened bid for the award of contracts for the execution of 130 projects
Yobe approves N220.7m for payment of LG retirees
Yobe Governor, Mai Mala Buni has approved N220.7 million for the payment of retirement benefits to180 retirees from the 17 local government
Farmers urged to stick heads above parapet to build trust
Farmers and those working in the agriculture industry must get better at telling their story as a means of building public trust in the sector and the goods it produces.
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
WH adviser Kudlow: Trump administration may propose 10% middle-class tax cut
The Trump administration may propose a 10% middle-class tax cut when they reveal the next tax plan in September, White House economic adviser Larry Ku
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
Rouble rate is important factor in Russia's position on OPEC+ deal – Reuters
Russian oil companies are worried about the risk of a higher rouble rate due to the planned sales of Sberbank, Reuters reported on Friday, citing a so
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
Researchers discover how to improve safety of nuclear power plants
Researchers at Tomsk Polytechnic University found a method to increase fuel lifetimes by 75%. According to the research team, it will significantly increase safety and reduce the operating cost of nuclear ...
Enbridge raises bets on U.S. Gulf Coast LNG, reports higher Q4 earnings
Calgary-based Enbridge Inc. is raising its bets on the growing liquefied natural gas export sector on the U.S. Gulf Coast by buying the pipeline that would supply the proposed Rio Grande LNG export facility.
PMO to banks: NCLT cannot be escape route, refer only NPAs of over ₹200 cr
Move to prevent closure of firms and job losses
BusinessLine wins ANMI award
The Hindu BusinessLine won an award in the “Most Diversified Coverage-Newspaper” category at a ceremony organised by the Association of National Exchanges Members of India (ANMI) in New Delhi on Frida
Cybercrime growing at speed of light - Pantami
The Minister of Communication and Digital Economy, Isa Pantami, has said cybercrime is growing at an alarming rate globally.
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
Cisco Remains Big Tech Laggard
Fiscal Q2 continues top/bottom line beat trend.Guidance in-line with expectations down meaningfully.Dividend raised by a penny.
AT&T: When The Market Crashes
AT&T's 5.5% dividend yield is compelling, and the payments keep growing, but what happens when the market crashes?This article reviews the health of the business, valuation, risks, dividend safety, an
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
EOBI increases pension money from Rs 5250 to Rs 8500 per month
EOBI increases pension money from Rs 5250 to Rs 8500 per month
PFD completes afforestation on 250 acres in Murree
LAHORE: The Punjab Forest Department (PFD) has completed forestation of marginal lands stretched on an area of 250 acres in Murree at a cost of Rs51.300 million.The project was started in 2015 wit
Bharti to make ₹10,000 cr. part payment in AGR dues by Feb. 20
Promises to clear remaining dues ‘well before’ March 17, the date of next hearing
‘Buildings should breathe’
Experts urge incorporation of sustainability aspects right from the drawing board. By M.A. Siraj
SpiceJet gets ‘interim offer’ from Boeing
Claims ₹537 cr. citing grounded craft
‘Post Aug.5, J&K banks harassing us’
At least 21 Kashmir-based traders bodies on Friday, in full-page advertisements published in local dailies, accused the banks of harassment and persecution of the families of the borrowers in the name
Energoatom generates 7.8 bln kWh of electricity in Jan 2020
The company's power plants sold 7.375 billion kWh of electricity over the period under review.
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.
Largest Blockchain Social Media Steemit Joining TRON’s Ecosystem
The world's largest decentralized and blockchain-based social media, as well as a blogging platform, Steemit, announced a strategic partnership with the
The Highly Accurate Ethereum Golden Cross is Forming, Is a Major Rally Incoming?
Ethereum's stellar performance of late has seen it gain 113% in the six weeks since the start of the year. This achievement reversed a six-month downtrend
Data Shows Bitcoin’s Progression From Retail To Institutional Asset
As Bitcoin matures, a wider range of investors begins to consider the asset as an investment to add to their portfolios. New data shows exactly how
The Highly Accurate Ethereum Golden Cross is Forming, Is a Major Rally Incoming?
Ethereum's stellar performance of late has seen it gain 113% in the six weeks since the start of the year. This achievement reversed a six-month downtrend
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.
Reinventing Shopping And Agriculture With Innovation
Innovators aim to transform shopping and agriculture with new approaches to shopping centers and farms, with the help of tools like artificial intelligence.
Motorists to pay more for fuel
Super petrol and diesel prices go up Sh2.67 and Sh2.13 respectively.
Blockchain can help the NHS and ‘Global Britain’ take off
René Seifert suggests that NHS recruiters must turn to Blockchain-enabled identity verification services as post-Brexit ‘Global Britain’ takes off
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
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.
State pawnshop Pegadaian on the lookout for fintech partners to develop digital financing
Pegadaian president director Kuswiyoto said on Thursday that the partnership with fintech operators was expected to further develop services the company provide in the Pegadaian Digital mobile apps.
Third Indian crew member on board ship tests positive for coronavirus
So far there have been 218 coronavirus positive cases on the ship Diamond Princess
S/4 HANA Migration Really Doesn’t Have to Be that Complicated
Planning your SAP S/4 Hana migration: 8 key steps to success.
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.
Europe wants G20 to make taxing digital giants top priority this year
BRUSSELS (Reuters) - Europe wants the world’s financial leaders to make it their top priority this year to reach a deal on global rules for taxing digital giants like Google (GOOGL.O), Amazon (AMZN.O) and Facebook (FB.O), a document showed.
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.
Amazon, Flipkart seek rollback of new Indian tax on online sellers
NEW DELHI (Reuters) - Amazon and Walmart’s Flipkart are among online retailers demanding that India scale back a proposed tax on third-party sellers on their platforms, saying the burden of compliance will hurt the fledgling industry, according to documents seen by Reuters.
Glencore secures five-year deal to supply cobalt to Samsung SDI
(This Feb. 10 story corrects to change title of initiative in paragraph 6)
Asbestos and Bomb Damage Hinder Big Ben's Restoration
The cost of shoring up Big Ben and the tower it resides in has risen by £18.6m, thanks to the work turning out to be a little more complex than a few plasterers on Facebook thought it might be, and the discovery of asbestos, WWII bomb damage, inadequate previous repairs, lead paint, the need for specialist clock mechanism repair work and the impact of additional grime from London's death-smog period.
Miami and Atlanta are more vulnerable to aftershocks from WeWork’s woes than cities like New York and San Francisco
Cities most vulnerable to a pullback in the office-share craze sparked by the rise of WeWork aren’t New York and San Francisco, according to a new DBRS...
TRON Ecosystem Onboards Blockchain Social Network Steemit
At a time where the TRON ecosystem is trying to find new use cases, social media industry seems like taking fish to water.
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
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
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
MTNL Q3 loss widens to Rs 1065 crore, revenue dips 14% to Rs 624 crore
Employees cost of MTNL during the reported period stood at Rs 755.48 crore
Bank accounts of over 200 NDMC employees hacked, money siphoned off in Feb
Though police have received only two complaints of online fraud from the employees, NDMC employees union says more than 200 employees have lost their money after being cheated online
Nirmala Sitharaman to meet industry bodies to assess coronavirus impact
The virus outbreak in China has claimed nearly 1,500 lives and infected over 60,000
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
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.
Calls mount for public, private partnerships to focus on SA's most vulnerable
Partnerships between government and the private sector should focus on creating a conducive environment where citizens could ...
After SC's warning, govt orders telcos to clear dues by 11.59 pm tonight
After Supreme Court threatened contempt proceedings against top executives of of Bharti Airtel, Vodafone Idea and other telecom firms, the telecom department on Friday began issuing orders, asking firms to clear past dues immediately. The government has also asked telecom companies to pay their dues by 11.59 pm tonight
Did you know the cost of tackling air pollution in India is Rs 3.39 lakh per second?
India spends a whopping Rs 3.39 lakh per second to tackle air pollution from fossil fuels. Amid an ongoing slowdown, the emerging economy is forced to shell out Rs 10.7 lakh crore ($150 billion)
Kraft Heinz Is Still a Mess
Another disappointing earnings report shows that the company's still in disarray.
Why Virgin Galactic Stock Just Popped Another 13%
Does this stock know any direction other than up?
3 High-Growth Stocks That Could Soar
Redfin, PetIQ, and Beyond Meat all have upcoming catalysts to propel their shares higher.
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.
Z Stock Could Win but the U.S. Might Not
Demographic megatrends presents a massive tailwind for Zillow, but housing affordability is a metric to watch.
JD.com is Still a Better Pick Than Alibaba Stock
Alibaba's China retail business is slowing and it will likely be hit hard by the coronavirus. That makes JD a better pick than Alibaba stock.
Play the Contrarian And Buy the Dip in Under Armour Stock
UAA stock plunged on awful fourth quarter numbers from the athletic apparel maker, but the sell-off feels overdone.
STMicroelectronics Waiting on the IoT
STM stock has risen 85% over the last six months as it beat analyst estimates and predicted continued improvement in 2020
Manipur CM announces state budget estimate of over Rs. 20,000 crore
Biren Singh informed the House that revenue expenditure is estimated at Rs 16,445 crore. As such, the capital outlay is estimated at Rs 3,356 crore, which is an increase of Rs. 397 crore over revised estimates of 2019-20.
Steemit to Shift Its Proprietary Blockchain and Token to Tron Network
Tron partners with Steemit, a major blockchain-based blogging and social networking website that will be moving to Tron’s network.
Price Analysis Feb 14: BTC, ETH, XRP, BCH, BSV, LTC, EOS, BNB, XTZ, ADA
A deeper correction may have to wait as many major cryptocurrencies are looking strong and their uptrend is likely to continue.
Expert: Venezuelan Oil Production Currently at 1945 Levels
The oil-rich nation of Venezuela is producing its lowest output of oil in 75 years, according to professor Rafael Quiroz.
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.
Broadband transmission-type coding metasurface for electromagnetic beam forming and scanning
Due to their excellent performance in manipulating electromagnetic (EM) waves freely and flexibly, metasurfaces have been widely investigated since the beginning of the 21st century. However, with the ...
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.
GM Scrambles to Shield U.S. Plants From Virus Disruption
General Motors Co. is working to maintain the flow of parts to some of its most profitable U.S. plants to keep them from becoming the next factories idled by the coronavirus spreading in China.
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.
AUD/USD steadies above 0.6700, looks to snap six-week losing streak
The AUD/USD pair is struggling to make a decisive move in either direction on Friday and continues to fluctuate in a relatively tight range above the
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
US Dollar Index Price Analysis: DXY grinds to fresh 2020 highs, challenges 99.20 resistance
The US dollar index (DXY) is trading near its highest since October while trading well above its main daily simple moving averages (SMAs). DXY is spiking to t
Four Shortlisted NASA Missions Would Explore the Nastiest Places in the Solar System
As part of its ongoing Discovery Program, NASA has selected four possible missions that would involve some of the most hostile and enigmatic places in the solar system.
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.
Whangarei - Reduce Water Use By 20% To Delay Restrictions
If Whangārei residents can reduce their water consumption by 20 per cent they might keep the District’s water restrictions away for a few weeks yet.
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
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.
Zuckerberg accepts Facebook may pay more tax outside US - Politico
Facebook Chief Executive Mark Zuckerberg accepts that global tax reforms mean the social networking giant may have to pay more taxes outside of ...
Zuckerberg accepts Facebook may pay more tax outside US: Politico
Facebook Chief Executive Mark Zuckerberg accepts that global tax reforms mean the social networking giant may have to pay more taxes outside of ...
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.
ImmunoGen, Inc. (IMGN) CEO Mark Enyedy on Q4 2019 Results - Earnings Call Transcript
ImmunoGen, Inc. (NASDAQ:IMGN) Q4 2019 Results Earnings Conference Call February 14, 2020, 08:00 AM ET Company Participants Courtney O’Konek - Senior Director of Corporate Communications & IR Mark
Yamana Gold: I Stay Bullish After Q4 Report
Yamana Gold reports Q4 2019 results.Higher gold prices lead to significant cash flow generation.Should gold stay at current levels, the company will have the capacity to further increase the dividend
Kadant, Inc. (KAI) CEO Jeffrey Powell on Q4 2019 Results - Earnings Call Transcript
Kadant, Inc. (NYSE:KAI) Q4 2019 Earnings Conference Call February 13, 2020, 11:00 ET Company Participants Michael McKenney - EVP & CFO Jeffrey Powell - President, CEO & Director Conference Cal
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
Canopy Growth: Only Faint Positives
Canopy Growth beat consensus estimates for FQ3.The Canadian cannabis company still had a massive free cash flow loss of C$360 million.The stock has a fully diluted market cap of $8.4 billion and FY21
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.
Special centre for turmeric in Erode welcomed
‘It will help in expanding the area under turmeric cultivation bringing in overall development’
Alappuzha bypass to be ready in April
Minister visits Kuthirapanthy
LIC Housing Finance asks 14 developers to seek AIF funding
Experiencing growth in the sector, things will improve: MD
Textile policy to be rolled out by mid 2020
Mega parks will help country scale, spurring cost effectiveness: Textiles Secretary
Flood-affected people threaten agitation over unkept promises
Officers admit that additional amount announced by CM yet to be paid to farmers
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
ISO approval for 11 rail stations
In recognition of environmental management system in Palakkad Division
Vinay Dube appointed as GoAir CEO
GoAir has appointed Vinay Dube, the former chief executive officer (CEO) of Jet Airways, as its new CEO. Mr. Dube will report to chairman Nusli Wadia, managing director Jeh Wadia, and the board. He wi
Duty cut to revive horse breeding
The National Horse Breeding Society of India has thanked the Union Finance Minister Nirmala Sitharaman for taking steps to help revive the horse-breeding industry and making ‘Make in India’ a possibil
MADITSSIA hails schemes for MSMEs
MaduraiMadurai District Tiny and Small Scale Industries Association (MADITSSIA) welcomed the schemes announced in the budget, presented in the Tamil Nadu Legislative Assembly on Friday, to leverage th
‘Gangaikondan Food Park announcement is not new’
Industrialists are also upset over government’s failure to invigorate Nanguneri SEZ
‘Overzealous interpretation of law poses risk to independent directors’
Penalising them for a company’s action would be counter-productive: Sinha
Madurai Corporation plans to treat sewage from Kiruthumal
Officials say that the tender for the project has been called and that the work will commence in another 15 days
Karnataka is aligned with PM Modi’s$ 5 trillion economy aim: CM
Yediyurappa inaugurates Invest Karnataka-Hubballi Conference
Overwhelming response to Invest Karnataka-Hubballi Conference
As many as 51 memorandums of understanding signed; Rajesh Exports plans to invest ₹ 50,000 crore to manufacture electric vehicles and lithium cells and batteries
Sical Logistics posts Q3 loss of ₹48 crore
Sical Logistics Ltd. an integrated logistics provider and unit of the Coffee Day group, has posted a net loss of ₹48.28 crore for the third quarter ended December 2019 against a profit of ₹7.96 crore
Lakshmi Vilas Bank needs up to ₹2,000 cr. to stay afloat: CEO
Third quarter results kindle hope of raising funds, he says
Vivo to invest in local manufacture, expansion
Firm embarks on ₹7,500-crore plan
Borrow A Boat Returns to Crowdcube With a Mission to Raise 1.5 Million in Funding
Just a little over a year after raising £1,496,600 in funding through its previous Crowdcube round, the self-proclaimed Airbnb for boats, Borrow A Boat, has re
Young minds to fuel the growth of the pharma sector
Young minds to fuel the growth of the pharma sector
Bitcoin Be Mine: Celebrate Valentine’s Day the Crypto Way
It’s Valentine’s Day and crypto investors are currently sitting on early 2020 profits from Bitcoin and altcoins. Love is in the air and money is filling
Europe Seeks To Have G20 Tackle Tech Firm Taxation
Europe now wants global financial leaders in the G20 to make taxing digital giants a priority in 2020.
Yobe Government approves N220.7m for payment of LG retirees
Yobe Governor, Mai Mala Buni has approved N220.7 million for the payment of retirement benefits to180 retirees from the 17 local government areas
Slow but steady: Unfinished Batam Botanical Gardens begin attracting tourists
It was not until January this year that the gardens saw a significant increase in attendance, jumping to 3,544 people for the month.
Shutdown of CN Rail lines leads to propane shortages in the Maritimes
Businesses and homes across Atlantic Canada are days away from running out of propane as a result of anti-pipeline protests that have cut off rail links across Canada.
River Island’s Irish profits jump more than 50%
Gordon Deegan Pre-tax profits at the Irish arm of fashion retailer River Island increased by 53% to €4.89m in 2018, newly-filed accounts show.
Kraft Heinz downgraded to junk status by Fitch Ratings
Food firm ends up with massive debt load due to deals and jeopardised credit ratings
Profits at River Island’s Irish arm rise 53%
Revenue declines by 15%
Chinese pharma firm in Dundalk suspends travel to and from China
WuXi said it prioritised its employees’ ‘health, safety and wellbeing’
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.
Wyndham, the world’s largest hotel brand, has temporarily closed 70% of its hotels in China in response to the coronavirus outbreak
Wyndham Hotels has temporarily closed approximately 1,000, or 70%, of its 1,500 hotels in China in response to the coronavirus outbreak, Wyndham CEO Geoff Ballotti said on an earnings call with investors on Thursday.
U.S. January industrial output falls on weather, Boeing drop
WASHINGTON (Reuters) - U.S. industrial production fell 0.3% in January as unseasonably warm weather held down the output of utilities and Boeing Co (BA.N) cut production of civilian aircraft, the Federal Reserve said on Friday.
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
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...
Ag markets turn mostly lower Friday
Investors could remain on the sidelines until the March Prospective Planting Report, one analyst says.
This Stings: Coronavirus Comes for the Fiat 500L
The automaker announced Friday that the plant, home to the unloved Fiat 500L, will be offline until sometime late in the month. If U.S. inventory suffered, would anyone notice?
More than 1,500 to be hired for event days at Allegiant Stadium
Representatives of ASM Global and Levy Restaurants told the Community Benefits Plan Oversight Committee about plans to hire more than 55 percent minorities.
Graduating College This Year? Here’s What to Expect (And How to Explain to Your Parents)
It’s important to have a general understanding of what that might be like, and how to prepare because the workforce has changed since the days your parents were hunting for entry-level jobs.
Forbes: Despite losing record, Phoenix Suns' value increases
Despite continuous seasons of losing records on the court, the value of Phoenix Suns increased again this year, according to Forbes, which released its annual list of National Basketball Association valuations this week.
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...