Economy 660
Letters for Nov. 29
Don’t speed and you won’t payRe: Police chief opposed to nixing photo radar, Nov. 27I have been caught speeding by photo radar more than once. Guess what? I was speeding.Reviewing photo radar on th…
An erupting volcano in Mexico forced KLM passengers to take an 11-hour flight from Amsterdam to ... Amsterdam
Passengers travelling on a KLM flight on Thursday were forced to endure an 11-hour journey that ended with them being dropped them off exactly where they started because of an erupting volcano.
India quarterly growth falls to worst level in six years
India's economy grew at its slowest pace in more than six years in the July-September period, down to 4.5 percent from 7.0 percent a year ago, according to government figures released Friday that piled more pressure on Prime Minister Narendra Modi.
Huawei plans legal challenge to latest US pressure: report
Chinese telecoms giant Huawei is preparing a legal counterpunch against new moves by American regulators to bar the company from accessing $8.5 billion in US federal funds for services and equipment, a report said Friday.
Daily Mail owner buys i newspaper for £50m
DMGT buys the newspaper from JPI Media, which took over Johnston Press last year.
Supreme Court sacks Eleruwa of Eruwa, says appeal lacks merit
The Supreme Court, on Friday, sacked the Eleruwa of Eruwa, Oba Samuel Adegbola and six others, dismissing an appeal they lodged before it...
Man wins appeal over lack of detail in mortgage debt demand
A man has won a Supreme Court appeal which centred on a claim he was entitled to more detail about how a €221,000 mortgage debt was calculated before a bank obtained judgment for the money against him.
Tories slammed by free market groups over state aid pledges
Business and free market groups slammed pledges today by Boris Johnson to expand state aid for businesses if the Conservative [...]
AmBank Group to disburse up to RM6b of loans in 2H 2020
KUALA LUMPUR, Nov 29 — AMMB Holdings Bhd (AmBank Group) targets to disburse up to RM6 billion in loans in the second half of its financial year ending March 31, 2020 (H2 2020), driven by the current positive sentiment in the industry’s loan growth segment. Chief executive officer Datuk Sulaiman...
November Portfolio Update - Prefs And Finance
This month saw a smaller amount of overall investments, mostly going into finance, some oil/energy, preferred stock, and other debt instruments.FX is somewhat improved, but still at prohibitive levels
Slow Q2 GDP growth: Weak credit, manufacturing need fixing, say experts
The rate of economic expansion was the lowest in more than six years; it slipped from 5 per cent in Q1 this year and 7.1 per cent in Q2 of FY19
Gravestones to be inspected by Perth and Kinross Council
The programme will begin in Perth and Blair Atholl
Proposed EU-wide 'climate law' would set net-zero carbon target by 2050
Plan is part of ‘green new deal’ but campaigners say it is not enough to tackle climate crisis
SFI–Capco Institute Banking & Finance Forum
The conference will be held in English and attendance is free of charge. Registration is mandatory.
Ethereum Express Launching New Projects For Over 48,000 Users
Featured The Ethereum Express project is set to launch two pilot projects for a user base exceeding 48,000. Proof-of-Authority will be used in the
B.C. Transit advisories for Greater Victoria on Friday afternoon
B.C. Transit says there are potential issues with the following bus trips Friday morning: 8 Oak Bay - from Camosun College Interurban at 2:51 p.m. 11 UVIC - from Tillicum Centre at 3:31 . . .
Vegetable vendors in Vijayapura to resume trade
They have been protesting against eviction of hawkers from the Nehru Market Lane
India's Q2 GDP growth dips to over 6-yr low of 4.5%; manufacturing weighs
This GDP growth data for the September 2019 quarter is the lowest since January-March of 2012-13, when it was registered at 4.3%
Saudi Aramco IPO received $44.3 billion in bids so far: Samba Capital
The state-owned oil giant plans to sell 1.5% of the company's shares for as much as 96 billion riyals ($25.6 billion), a deal which would give it a market value of $1.7 trillion
Former WVZ security guards seek ED's audience over contract termination
Former World Vision Zimbabwe security guards retrenched in 2011 without terminal benefits are planning to engage President Emmerson Mnangagwa for him to r...
Onion crisis eases in Tirupati, Chittoor
No cap on quantity at Rythu Bazaars
Why 8th Senate rejected Buhari’s $29.96bn loan request – Shehu Sani
Sunday Aborisade, Abuja The chairman of the Senate Committee on Local and Foreign Debt in the 8th National Assembly, Senator Shehu Sani, has explained why the federal parliament rejected Preside...
India’s economic growth cools to six-year low
Slowdown in rate of expansion is latest sign of deepening gloom
How terminal illness can get you into debt
Being diagnosed with a terminal illness is terrifying anyway, let alone went you have to think about money.
Minister: Malaysian film industry in for better times following co-production agreement with Australia
PUTRAJAYA, Nov 29 — The Malaysian film industry is in for better times following the signing of a co-production agreement between Malaysia and Australia in Sydney today. Communications and Multimedia Minister Gobind Singh Deo said that with the signing of the agreement, Malaysian productions will...
India plans security audit of WhatsApp after hacking attempt
Troubles in WhatsApp's largest market.
Gold price drop triggers heavy buying in India; demand wanes in other hubs
Dealers were charging a premium of up to $1.5 an ounce over official domestic prices this week, compared with a discount of $3 last week
Crypto Exchange Admits 'Missing' CEO Has User Funds Access Amid Exit Scam Fears
In a story reminiscent of the QuadrigaCX scandal, crypto exchange platform, IDAX Global, has no idea where its CEO is.
The Asset Allocator: Meb Faber - All-Time Highs Are 'Nothing To Be Afraid Of' (Podcast)
ETF manager, author and popular investment blogger Mebane Faber addresses the asset allocation issues of the day. Among our topics in this wide-ranging interview:Faber does not look askance at buy-and
Company apologizes after uproar over headscarf ban
A recruitment firm apologized and fired a staff member after it was revealed on social media that it turned down the employment application of a...
Euro snoozes through sleepiest week since launch 20 years ago
Currency lodged in tight range thanks to steady monetary policy and trade uncertainty
House of the week: Cork city house has been a life-saver for ARC Cancer Support
A CORK city house that has been a life-saving, holistic home-from-home for many hundreds of persons given cancer diagnoses now looks set to return to private, family accommodation and ‘domestic service’ once more.
Statistics Canada reports pace of economic growth slowed in third quarter
Statistics Canada says the pace of economic growth in Canada slowed in the third quarter.
Ford SA slapped with R35 million fine for Kuga debacle
Consumers will now be compensated for damages they may have suffered following the 2017 recalls of Ford Kuga 1.6 EcoBoost.This emerged at the National Consumer Commission's media briefing on the outcomes of its investigation into the matter in Pretoria on Friday.Ford made headlines in 2017 afte
Top news of the day: GDP growth slips to a six-year low of 4.5%, Pragya Thakur apologies for Godse remarks, moves privilege notice against Rahul Gandhi, and more
The major news headlines of the day, and more.
Taco Bell accelerates rollout despite Mexican stand-off
Fast-food giant Collins Foods will open its first Victorian Taco Bell restaurants in Hawthorn and South Yarra.
Academic Conference: World Symposium on Investment Research
It is an annual event taking place on the first Sunday and Monday of May in some financial centers around the globe.
Four Irish women honoured as leaders in global recruitment
The Irish nominees are Geraldine King, Anne Heraty, Shona McManus and Rosaleen Blair
4th Annual Private Wealth Switzerland Forum
The 4th Annual Private Wealth Switzerland Forum–Zurich brings together more than 250 attendees including 150 leading high-net-worth capital allocators from Switzerland and beyond.
Dicey Situation: European Parliament Declares Global Emergency Over Climate Change
The Parliament’s vote came during a debate about an upcoming United Nations conference on climate change that is scheduled for 2 Dec and the same day scientists warned that our planet has crossed several tipping points.
Q2 GDP, core sector data may push RBI to cut rates in December: economists
The GDP growth rate for Q2FY20 was in line with the market expectation at 4.5 per cent, says Deepthi Mary Mathew, economist, Geojit Financial Services
Canada: Economy grew at annualized rate of 1.3% in Q3 vs. 1.2% expected
The Canadian economy expanded 1.3% on a yearly basis in the third quarter supported by higher household spending and business investment, the data pub
Lufthansa: German airline not open to Qatar investment
DUBAI: Saudi Arabian and international investors have subscribed to the initial public offering of Saudi Aramco in huge numbers, with demand for shares in the world’s most profitable company exceeding the number of shares on offer. Financial advisers to the biggest IPO in history announced that bids to the value of $44.3bn (166.275bn riyals) have been received in total from
Why Serving Plant-Based Burgers Could Get Restaurants Sued
This Impossible Whopper fight could be a lawsuit of unintended consequences for vegans and vegetarians.
Why We Should All Care About the Return of Toys "R" Us
Toys "R" Us, the venerable retailer that liquidated all of its stores last year, is having another go at it. Here's why we should pay attention.
India quarterly growth falls to worst level in six years
India's economy grew at its slowest pace in more than six years in the July-September period, down to 4.5 percent from 7.0 percent a year ago, according to government figures released Friday that piled more pressure on Prime Minister Narendra Modi.
Holiday road checks back
CounterAttack road checks return this weekend to encourage drivers to make smart and safe decisions during the holiday season.
WWF India Job Senior Project Officer 2019
Human-elephant conflict (HEC) threatens the lives and livelihoods of both humans and Asia’s elephants, constituting one of the most serious threats
Black Friday evolves but still marks start of holiday shopping season
The holiday shopping season kicks off on Friday with traditional Black Friday sales, though many retailers got a jump on the competition by getting started with deep discounts on Thanksgiving Day, and analysts forecast data to show that online shoppers spent a record $4 billion on Thanksgiving, MarketWatch reports. The total had already reached $2.1 billion as of 5 p.m. Thursday, a 20.2 percent increase compared to the same point last year. Demand was so high on Thursday that Costco's website and app were briefly hampered by heavy traffic, USA Today reports. Black Friday is continuing to evolve, as many stores try to snag a bigger share of holiday sales by cutting prices days or even weeks before what used to be a one-day shopping frenzy. Shoppers are expected to spend up to $731 billion in November and December, roughly 4 percent more than in the same period last year. Harold Maass
Canada's GDP growth slows in third quarter
The pace of economic growth in Canada slowed in the third quarter, boosted by higher business investment and increased household spending, but weighed down by a drop in exports, Statistics Canada said Friday.
Annual inflation rises to 5.56pc as food prices continue to increase
NAIROBI, Kenya, Nov 29 - Kenya’s year-on-year inflation has risen to 5.56 percent, compared to 4.95 percent registered last month, as the price of food and alcoholic drinks increased. According to Kenya National Bureau of
Saudi Aramco IPO gets US$44.3b in bids so far, says lead manager
RIYADH, Nov 29 — Saudi Aramco has received bids for its shares totalling US$44.3 billion so far, lead manager Samba Capital said today, putting its initial public offering on track to be over-subscribed. The state-owned oil giant plans to sell 1.5 per cent of the company’s shares for as much as...
Alta Fox Opportunities Fund, L.P. Q3 2019 Quarterly Letter
Alta Fox Capital is a long/short hedge fund.In Q3 2019, the fund decreased 2.21% gross and 2.10% net.This compared favorably to the -2.40% return for the Russell 2000 and -5.4% return for the Russell
BJP opposes move to keep open ‘Vaikuntha Dwaram’ for 10 days
TTD is tampering with time-tested practice, alleges Madhav
Sugar companies' profit set to rise on firmer prices
The profit of sugar companies is expected to improve with prices firming up on the back of lower sugar production. Domestic sugar production for sugar season started in October was revised downwards
Site C taking shape
BC Hydro has released a new video of construction progress at Site C on the Peace River outside Fort St. John.
Stubble to become a source of income, says Union Minister Kailash Chaudhary
Kailash Chaudhary said that the government is considering such measures, so that farmers do not need to burn stubble, instead they can increase their income.
Natixis downgrades price outlook for 2020 as gold starts losing glitter
Signs of a thaw in the US-China trade spat and prospects of an improvement in US economic growth have taken a toll on the metal, which has lost nearly $100 an ounce to trade at $1,456 today
Duterte says he'll 'quarrel' with China if it shuts down PH power
But the Philippine leader thinks China won't do such a thing because it would damage the Asian giant's reputation and because it sees its stake in the NGCP as a business
Nalco banks on long-term raw material security for alumina, aluminium ops
Coal mining to take off in 2020, Pottangi bauxite mine to go on stream in 2023
Sensex hits 19 fresh highs in November, gains 665 points
The announcement of corporate tax reduction in the last week of September provided the much-needed trigger that lifted the market by around 4 per cent during the month and a little over 7 per cent till date
Minister urges Japanese investors to leverage Malaysia’s digital transformation push
KOBE (Japan), Nov 29 — International Trade and Industry Minister Datuk Darell Leiking is calling for Japanese investors to leverage on Malaysia’s push for digital transformation. He said Malaysia was committed to undertaking the digital transformation efforts, among others, through the National...
SC ruling on AGR will lead to telecom sector’s collapse: FICCI
Cascading effect will be felt across several other sectors too
Better Buy: Square vs. American Express
A case of the turtle and the hare?
Humana: Patience Will Likely Achieve A Lower Buy Price
The only way an investor can realize a return from an investment in shares is through receipt of dividends and gains on share sales. I repeat - the only way.The best way to make a gain on sale of shar
Amazon tax must be delayed in light of service shutdowns
The New Zealand Taxpayers’ Union is calling on the Government to delay the introduction of the ‘Amazon tax’ in light of reports Amazon will withdraw its international websites while it processes how to comply with new GST rules, says the New Zealand Taxpayers’ Union.
Domestic traffic for Air Passengers rises by 12pc – KCAA
NAIROBI, Kenya, Oct 29-The Kenya Civil Aviation Authority says there is an increase in passenger traffic at the Jomo Kenyatta International Airport with 12 per cent growth in domestic passengers and 7.6 per cent in
The Power of Green Public Finance
Policymakers and pundits have been wringing their hands over the crises afflicting the European Union, arguing that it is falling behind in confronting major threats to its long-term survival. Yet on the issue of climate change, nothing could be further from the truth. In mid-November, EU member states demonstrated that they can unite behind a shared vision of a low-carbon future. And European institutions are already leading the fight against climate change at the global level. Among these, the European Investment Bank will now be playing an even greater role as an instrument for decarbonizing the economy and limiting global warming to well below 2°C above pre-industrial levels. Climate change is the top political issue of our time. Scientists estimate that if we remain on our current path, we will experience global warming of 3-4°C by the end of the century, at which point large portions of the planet will be uninhabitable.
India GDP growth: a six-and-a-half-year low – ANZ
Analysts at Australia and New Zealand Banking Group (ANZ) offered their take on Friday's release of Indian GDP report, which showed a further decelera
Does Kerala CM Fear Accountability? War With Centre Over Allowing CAG To Audit Kannur Airport Company’s Finances
CAG has been seeking the right to audit KIAL’s finances.
UK Black Friday transactions jump 12.5pc versus 2018, says Barclaycard
LONDON, Nov 29 — The volume of Black Friday payment transactions in Britain as of 1000 GMT was up 12.5 per cent versus last year, initial data from Barclaycard showed today, bringing some cheer to UK retailers in need of a tonic after a troubled year. Barclaycard, which processes nearly one pound...
Canadian Investment Firm 3iQ Files Prospectus for Bitcoin Fund
Canadian investment fund manager 3iQ filed a preliminary prospectus for its close-end, regulated, publicly-traded Bitcoin fund.
India accounted for 22% of all visa-related searches to US in 2018: Survey
Overall, the top 10 countries accounted for nearly 56.5 per cent of all foreign visa-related searches in 2018, the report added
Forget the Noise; Traders Explain Why You Should Be Long-Term Bullish on Bitcoin
Traders are bearish on bitcoin after a 53% crash. More pain may be ahead but BTC offers features that make it a good long-term investment.
If this is not recession, what is? Opposition slams govt after India's GDP growth dips | Reactions
Speaking at the National Economy Conclave, CPI(M) leader Sitaram Yechury referred to the recent GDP numbers and said, "This is the New India. This government wants a Hindu Rashtra which they want to do keeping states at bay."
Demand in LS to shift private members' business to Wednesday from Friday
BJD member Bhartruhari Mahtab suggested that the day for private members' business be changed from Friday to Wednesday. He said it was the practice in the British parliament
Bill Evans: Australian dollar to keep falling as RBA cuts
Via Bill Evans of Westpac on the RBA and the Australian dollar:
Hong Kong Airlines delays salaries as protests hit tourism
HONG KONG: Low-cost carrier Hong Kong Airlines said Friday (Nov 29) it will delay salary payments to some staff, warning its business has been ...
Shareholders of Singapore-listed POSH told to accept takeover offer by Kuok Group
KUALA LUMPUR (Nov 29): Minority shareholders of loss-making Singapore-listed PACC Offshore Services Holdings Ltd (POSH) have been advised to accept the voluntary conditional cash offer of S$0.215 by the Kuok Group, through its investment vehicle Quetzal Capital Pte Ltd.In a letter to the recommending directors in respect to the offer, independent financial adviser Provenance Capital Pte Ltd said the offer presents shareholders with a cash exit opportunity to realise their entire investment in the shares at a fixed price
Tax benefits for traders as CBDT approves NSE's commodity derivatives
Exchange gets 'Recognised Association' status, due to which participants can set off losses in commodity derivatives against business gains
Enphase: All Cats Love Fish But Fear To Wet Their Paws
Enphase Energy surprised us with victories it made this year. Revenue and operating income broke all records.The company offers us unprecedented growth, progressive technology of solar energy inversio
Cities consume 75% of all world sources, generating 50% of waste
While cities cover only 3% of the earth's surface, they consume 75% of its natural sources, Turkey's Environment and Urbanization Minister Murat Kurum said...
Gold heads for biggest monthly drop in 3 years on US-China talks optimism
The precious metal is down 3.6% this month, the most since November 2016, when Trump won the US presidential election
Global funds raise stock allocations at the expense of cash: Reuters poll
BENGALURU (Reuters) - Global funds recommended switching cash back into equities in November as stocks worldwide rose to near record highs despite a lack of clarity over how, when, or if a truce will be called on the damaging U.S.-China trade war, a Reuters poll showed.
South Africa court rejects Zuma appeal to prevent corruption trial
A South African court on Friday rejected an appeal by former President Jacob Zuma that sought to prevent his prosecution on corruption charges over...
ET View: Time to boost demand, forget the fiscal deficit target
The time has come for the government to shed its obsession about fiscal deficit targets and borrow more from the market, both to compensate the states for their shortfall in GST collections and to meet its own expenditure commitments. India still has deep reserves of economic resilience and it is necessary to avoid any self-defeating talk of recession.
Demos and deals as Black Friday sweeps Europe
Climate activists staged protests across Europe on Friday to denounce the environmental toll of mass consumption, while shoppers hit the streets and the internet as retailers of all stripes touted pre-holiday bargains.
Hong Kong Airlines delays salary payments as protests take their toll
Hong Kong Airlines has delayed the payment of salaries for almost half of its staff members as widespread protests in the city have hit the carrier.
Debt ETFs/index funds to have minimum of 8 issuers: Sebi
If a credit rating falls below the investment grade, rebalancing by Debt ETFs/index funds will be done within five working days.
CEA Subramanian sees GDP picking up in Q3, says fundamentals remain strong
India's economic growth slowed to 4.5 per cent in the September quarter from 7.1 per cent in the corresponding period of last year
China limits number of rides drivers can offer through car-pooling services
China's Ministry of Transport said car-pooling services have to limit the daily number of rides drivers can offer through apps such as Didi ...
RBI may go for another rate cut as GDP slows to more than 6-year low
Analysts expect the MPC slashing interest rates by 25 basis points (bps), along with a marginal cut in gross domestic product (GDP) growth forecast for FY20
Fiscal deficit hits 102% of budget estimate till October
India Business News: The country's fiscal deficit hit 102.4% of 2019-20 Budget Estimate (BE) at Rs 7.2 lakh crore at the end of October. The fiscal deficit or the gap betw
SBI FXTRADE Expands Offering, Adds 8 New JPY Currency Pairs
SBI FXTRADE Co., Ltd. announced this Friday that it is expanding its FX product offering to include eight new currency pairs based on the Japanese yen.
Bulgaria Is among the Countries Which Export the most Grain
Bulgaria is one of the leading exporters of grain. Over the past year, it exported grain worth more than $ 1 billion, or a quarter of the country's total exports.
Cashing in on the crisis
Is the Westpac scandal an ethical deal-breaker or a rare opportunity for investors?
East Kilbride Debenham's worker raises almost £200 for Kilbryde Hospice after his legs are waxed
Iain raised £200 getting waxed in front of his colleagues.
3 Reasons Why Shorting McDonald’s (MCD) Stock Now Is a Bad Idea
Missing third quarter estimates and the firing of the CEO is why investors are short McDonald’s. There are reasons why you shouldn't.
Trading Forex in the Philippines
Time for Forex trading in the Philippines? Keep a wary eye on the local market and find a trading platform to make you a key player.
USD/JPY climbs to fresh six month highs above 109.60
The USD/JPY pair is inching higher ahead of the American session on Friday supported by the broad-based USD strength. As of writing, the pair was trad
Four Irish women honoured as leaders in global recruitment
The Irish nominees are Geraldine King, Anne Heraty, Shona McManus and Rosaleen Blair
Sebi brings norms for debt ETFs, issuer to have less than 15% index weight
Under the norms to be adopted by all mutual fund houses, the index will have a minimum of eight issuers, rating of the constituents of the index will be investment grade
C&I Leasing gets approval to list N539 million worth rights issue
C&I Leasing Plc has obtained approval of the Securities Exchange Commission (“SEC) to open subscription of a rights issue of N539 million.
More pain for German car industry as Daimler axes 10,000 jobs
The Mercedes-Benz maker said it wanted to save 1.4 billion euros (USD 1.5 billion) in staff costs by the end of 2022 as it joins rivals in investing huge sums in the greener, smarter cars of the future. "The total number worldwide will be in the five-digits," Daimler personnel chief Wilfried Porth said in a conference call about the job cull.
Indian retailer Future's shares surge as regulator approves Amazon investment
Shares in Future Retail Ltd surged 13per cent on Friday, after India's antitrust body approved a deal that would give Amazon.com Inc a minority ...
Labour raises alarm over nation’s rising debt profile
Organised Labour has raised the alarm over the nation’s rising debt profile, saying there is the urgent need for the country to give in to well...
Council and airport win award for age-friendly initiative
MAYO County Council, in conjunction with Ireland West Airport, took home first prize in the Best Age-Friendly Initiative category at the 16th annual Chambers Ireland Excellence in Local Government Awards in Dublin.
Gross Domestic Product growth falls to 4.5% in Q2 of 2019-20
The Gross Domestic Product growth fell to 4.5 per cent in the second quarter of the year 2019-20.
India’s Core Sector Output Shrinks 5.8% In October, Lowest In Over A Decade
As many as six of eight core industries saw a contraction in output, indicating the severity of the economic slowdown in India.
There's a buzz about wax wrap at beekeeper's meeting
The Tiverton Beekeepers had a demonstration by Norma King on how to make Wax Wraps
State Courts relocate to new premises in December
SINGAPORE: The State Courts will relocate to new premises at the State Court Towers in December. Some services will be available at the new ...
US Military Presence at Syria's Oil Fields Escalates Situation in Country - Russian Deputy FM
The day before, Syrian state television reported that US forces mustered dozens of military vehicles near oil fields in the Rumeilan region of Al-Hasakah province in Syria's northeast.
Hut 8 Purchases 9 Data Centers from Bitfury for $7 Million
Hut 8 Mining Corp on Thursday announced the acquisition of nine Blockbox AC data centers from the BItfury Group, costing $7 million.
Why This Top Aerospace Stock Is Poised to Fly Higher
One of the best-performing industrial stocks of the last decade shows no signs of slowing down.
India: Economy grew 4.5% in Q2 vs. 4.7% expected
The data published by the Ministry of Statistics on Friday revealed that the Gross Domestic Product (GDP) in India expanded by 4.5% following the %5 g
Loan fraud case: two former bank officials, seven borrowers jailed
Convicted duped the bank to the tune of ₹43.21 lakh: CBI
PSD decries PNL's social experiments with establishing minimum wage
The Social Democratic Party ( PSD ) argues that the calculation model proposed by National Liberal Party (PNL) for establishing the minimum...
Publisher says he’s hearing interest in non-profit turn
NEW YORK — The publisher of the nation’s first daily newspaper to be granted non-profit status says he’s since heard from a “few dozen” lawyers and news executives curious about whether the Salt Lake Tribune’s approach could work elsewhere. Tribune publisher Paul Huntsman learned earlier this month that the Internal Revenue Service had approved the …
Block Friday: French activists try to disrupt discount shopping day
PARIS, Nov 29 — Activists staged protests against online retailer Amazon around France today and tried to blockade a shopping mall in Paris, denouncing as rampant consumerism the US Black Friday shopping frenzy that has spread to European shores. French companies have embraced the discount...
BPCL Privatisation: DIPAM Appoints Deloitte As Adviser For Strategic Sale Of India’s Second Largest Oil Refiner
Some global petrochemical giants, including Saudi Aramco have expressed interest in the assets of BPCL
Disruption ahead for motorists as work begins on A90 near Perth
Drivers are being warned they could face delays this weekend as carriageway resurfacing improvements get under way on a busy stretch of dual carriageway between Perth and Dundee.
Mining industry is the bulwark of Ghana's development - Koney
news, story, article
Centre to bring new job-oriented education policy, says HRD Minister
HRD minister urged students to work with dedication to make India a $5 trillion economy in the next few years
World shares mostly slide in ‘Black Friday' retreat
BEIJING (AP) - Stock markets mostly fell Friday as investors gauged whether renewed China-U.S. tensions might lead to a "Black Friday" sell-off, and with U.S. traders largely out for a long weekend.
UK's Johnson says will keep no-deal Brexit preparations in place
LONDON (Reuters) - British Prime Minister Boris Johnson said on Friday he wanted to keep in place preparations the government has made for the possibility of a no-deal Brexit.
Farmers battle 'worst autumn in memory' to get seeds planted and crops out of the ground
Crop growing across East Anglia has been severely disrupted by prolonged wet weather - and there are fears the effects will continue to be felt next year.
Kevin Greenard: Ten reasons to be cautious with Canadian equity ETFs
An ETF is a commonly used abbreviation for Exchange Traded Fund. Canada was the first country to launch an ETF in 1990 with one provider. Known as the S&P/TSX 60 Index, it essentially held the . . .
Shopping in these 4 popular Malaysian cities just got a lot easier for Singaporeans with NETS ATM cards, Business Insider - Business Insider Singapore
Business Insider - NETS ATM cards can now be used in Malaysia across 7,400 PayNet acceptance points - but only in these 4 cities.. Read more at businessinsider.sg
India’s economic growth falls to 4.5% in July-September quarter – the slowest in over six years
This is the sixth straight quarter of slower growth. The GDP grew just 5% in the April-June quarter.
Black Friday: Women in Hijabs Fight Over a Vacuum Cleaner at Walmart
While other shoppers squabble over $1.60 towels.
Huawei plans legal challenge over exclusion from federal subsidies in US
The Federal Communications Commission last week branded Huawei and its Chinese rival ZTE as threats to US national security and blocked them from the fund
Is Vietnam too cautious when setting economic development goals for 2020? - VietNamNet
Many economic targets set for 2020 are lower in comparison with real implemented levels.
Huawei plans legal challenge to latest US pressure: report
Chinese telecoms giant Huawei is preparing a legal counterpunch against new moves by American regulators to bar the company from accessing $8.5 billion in US federal funds for services and equipment, ...
Slice Of Heaven, Ansaldo and Pearl Of Wisdom please
Slice Of Heaven, Ansaldo and Pearl Of Wisdom pleased when the horses were exercised here on Friday morning (Nov. 29)Inner sand:1000m: Louisiana (Nazerul) 1-6, 600/39. Stretched out well. Saint Petersb
India-ASEAN FTA review: Further liberalisation of trade on agenda
ASEAN-India trade in goods agreement was signed on August 13, 2009, and entered into force on January 1, 2010
Q2 GDP: Fiscal deficit of 3.9% realistic, says Uday Kotak
The just released GDP data for the second quarter (July-September) shows that the growth has gone down to 4.5 per cent (the lowest in six years) from 5 per cent in the first quarter (April-June)
Gov’t bid to save wealth case vs Marcoses junked
FOR failing to present new arguments, the motion for reconsideration filed by the government in connection with the dismissal of the case against Marcoses and Tantocos was dismissed by the Sandiganbayan.
Former AIB boss David Duffy pay rises 84% to £3.4m as head of Virgin Money
CEO’s pay more than eight times his AIB salary – despite losses at UK’s Virgin Money
NPCI enhances UPI 2.0, allows customers to make recurring payments
NPCI is also working on proximity payment option for the platform where one can make payments from a mobile phone that uses near-field communication technology
Bank of Ghana introduces higher 100 and 200 cedis denomination banknotes
news, story, article
Wary of China, Germany plans rapid state intervention to protect key industries
BERLIN (Reuters) - Germany set out plans on Friday to create a government committee to step in quickly to protect companies against foreign takeovers, a sign of concern about China and others acquiring its technology.
Publisher says he's hearing interest in nonprofit turn
NEW YORK (AP) - The publisher of the nation's first daily newspaper to be granted nonprofit status says he's since heard from a "few dozen" lawyers and news executives curious about whether the Salt Lake Tribune's approach could work elsewhere.
Lukoil: Solid Q3 Results Ensure High Yields
Lukoil performed better than expected in Q3 2019.I expect Lukoil to generate strong FCF in the medium term.Lukoil is one of the best quality stocks in the Russian stock market.
Sod turned on two Kerry greenways
Funding of €6.5 million for the cycleways is being supplemented by an increase in the local property tax.
Despite growth in govt expenditure, GDP slowdown continues
The economic activities which registered growth of over 4.3 per cent in Q2 of 2019/20 over Q2 of 2018/19 are 'Trade, Hotels, Transport, Communication and Services related to Broadcasting' 'Financial, Real Estate and Professional Services' and 'Public Administration, Defence and other services'
HCL Foundation invests more than Rs 160 crore in community projects in UP
UP accounts for 2/3rd of the Foundation's activity spend
ESCWA Committee on Women
Qatar participated in the 9th session of the Committee on Women of the United Nations Economic and Social Commission for Western Asia (ESCWA), which was held in Amman, Jordan with a delegation representing the Ministries of Foreign Affairs and the Administrative Development, Labour and Social Affairs.
Asian shares slide on weak Japan data; US markets closed
BEIJING — Shares extended losses in Asia on Friday after Japan and South Korea reported weak manufacturing data that suggest a worsening toll from trade tensions.
CISF Recruitment 2019 for Head Constable (Rs. 25,500 – Rs. 81,100/-Per Month)
CISF Recruitment 2019 for Head Constable (Rs. 25,500 - Rs. 81,100/-Per Month)Applications are invited from the Male/Female citizens of India to fill up 300
GDP growth slumps to 6-year low of 4.5% during July-September
Dragged by dip in consumption and exports
India's Sep-quarter GDP growth slips to 4.5%, the lowest in over six years
Q2 growth numbers fell, in line with economists' expectations, mainly on account of a weak manufacturing, falling consumer demand and private investment, and a drop in exports due to a global slowdown
The Dark History Behind Black Friday Revealed
History Behind Black Friday -The retail bonanza known as Black Friday is now an integral part of many Thanksgiving celebrations.
Core sector output shrinks 5.8% in October
As many as six of eight core industries saw a contraction in output in October.
Mercedes-Benz Parent Company Daimler To Cut Thousands of Jobs
Daimler says it plans to cut thousands of jobs by the end of 2022, not filling some vacant posts and offering severance packages in Germany.
County Durham food hygiene ratings: The takeaways and chippies with the lowest scores
These are the County Durham establishments who have been given a score by inspectors they probably don't want on their door
Malaysians are an extremely worried lot, says a survey
Malaysians are an extremely worried lot, says a survey
Japanese fashion tycoon Maezawa shows off $900 million SoftBank payday
TOKYO (Reuters) - Japan’s Yusaku Maezawa on Friday posted footage of a $900 million payday for the fashion magnate following his sale of a stake in Zozo Inc, the online fashion retailer he founded, to SoftBank Group Corp.
Bitmain Lawsuit Heats Up, Plaintiffs Fight Motion to Dismiss
United Corp, a Florida-based cryptocurrency company that sued Bitmain in December 2018, contested the mining giant's motion to dismiss the case in a US
‘Winter is coming’: Synergy, transformation crucial for growth, says BI
Reiterating the President's notable Game of Thrones analogy, the Bank Indonesia governor stressed that structural transformation was vital to facing the coming "winter" in the global economy.
Nationwide Christmas tree shortage looming
It may be Thanksgiving, but savvy shoppers are already planning their Christmas tree shopping with a nationwide shortage looming.
Maldives ex-President Yameen Sentenced to 5 Years Prison Over Money Laundering Charges
Yameen has been accused of receiving US $1 million of government money through a private company as part of a deal to lease a number of tropical islands for hotel development.
Malaysians can now use MyDebit ATM cards at some shops in Singapore
Cross-border payments between Singapore and Malaysia just got a huge boost, after the Republic’s NETS and Malaysia’s PayNet announced that their payment terminals can now accept each other’s cards.
Huawei plans legal challenge to latest US pressure: Report
The Federal Communications Commission last week branded Huawei and its Chinese rival ZTE as threats to US national security and blocked them from the fund. It also proposed that other service providers be required to cancel or replace existing services and equipment from the companies. Huawei plans to file a lawsuit in the United States next week.
PIMCO Enhanced Short Maturity Active ETF: A 'Better Than Cash' Alternative
MINT is a low-risk bond-based exchange-traded fund with a focus on capital preservation and liquidity while offering yields above Treasuries through a monthly dividend.Actively managed strategy is uni
Inflation Rates Up By 5.56PC in November, From 4.9PC In October
The cost of living (inflation rate) went up from 4.95 percent in the month of October to 5.56 in November.The Kenya National Bureau of Statistics (KNBS) notes that the cost of food and non-alcohol
Publisher says he’s hearing interest in non-profit turn
NEW YORK - Utah’s Salt Lake Tribune is taking an intriguing approach toward survival by successfully petitioning the IRS to let it become a non-profit. That
South Korea cuts growth forecast to lowest in decade
SEOUL: South Korea's central bank on Friday (Nov 29) cut its growth forecast for this year to 2 per cent, which would be the weakest rate in a ...
5 Black Friday VPN deals you can't miss
A VPN is your first and most important line of defense against hackers who are after everything from your browsing history to your credit card number, and each of the top-rated VPNs below is available for an additional 40% off when you enter the coupon code BFSAVE40 at checkout. 1. KeepSolid VPN Unlimited: Lifetime Subscription MSRP: $500 | Sale Price: $39 | Price w/ code BFSAVE40...
Audit Service asked two assemblies to refund money
news, story, article
Turkish, UN officials discuss repatriation of Syrian refugees in Ankara
A Turkish government delegation met with representatives of the U.N. High Commissioner for Refugees (UNHCR) in the capital Ankara to discuss the voluntary...
World shares mostly slide in ‘Black Friday' retreat
BEIJING (AP) - Stock markets mostly fell Friday as investors gauged whether renewed China-U.S. tensions might lead to a Black Friday sell-off, and with U.S. traders largely out for a long weekend.
Dayton traffic from the WHIO Traffic Center
Check this page for a full list of crashes, disabled vehicles, construction projects and other hazards affecting your commute.
Malta finance minister faces money-laundering probe
Malta's finance minister, Edward Scicluna, is to face a criminal inquiry on his role in the sale of three Maltese hospitals, a local magistrate has ruled. The affair comes after other senior government figures recently resigned over alleged links to the m...
Time to move e-scooters off footpaths
The decision to ban certain brands of e-scooter doesn’t mean the remaining e-scooters are safe, says the car review website dogandlemon.com.
ECB Board nominee Panetta calls for an accommodative monetary policy
Inflation outlook seems to fall short of the European Central Bank's (ECB) Governing Council’s inflation aim of below but close to 2%, noted Fabio Pan
Fiscal deficit exceeds budget estimates during April-October on lower tax receipts
Constrained by lower tax collection, the Centre’s fiscal deficit exceeded the budget estimate during first seven months (April-October) itself. Fiscal deficit is the difference between income and the
More pain for German car industry as Daimler axes 10,000 jobs
Luxury automaker Daimler said Friday it would scrap at least 10,000 jobs worldwide, the latest in a wave of layoffs to hit the stuttering German car industry as it battles with a costly switch to electric.
Power Grid Jobs for Executive Trainee (B.Tech/B.E, B.Sc)
Power Grid Jobs for Executive Trainee (B.Tech/B.E, B.Sc)Details of a number of vacancies and reservation shall be indicated in the notification
Cricket: DDCA ombudsman approves Rajat Sharma’s resignation as president
Sharma’s resignation was stayed by DDCA ombudsman Ahmed but has finally been accepted on Friday after a fresh request.
Cameroonian invents boat made from plastic bottles to offer poor fisher folks chance to earn a living
The menace of plastic waste littering confronts many African cities. From clogging city drains to being an eyesore, they serve as a nuisance, but Ismaël Essome Ebone from the Cameroonian city of Douala proffers a solution. Ebone aware that fisher folks were unable to purchase wooden canoes to undertake fishing because of high prices and...
Wettest monsoon in 25 years could lift 2020 wheat output to a record high
India received monsoon rains during the June-September season that were 10 per cent above average
Focus on Lewisham: New social scene sparks interest from first-time buyers
Although it is a relatively unassuming corner of South East London, Lewisham has been the birthplace of a wealth of musical talent: Cream drummer Ginger Baker, Rolling Stones bassist Bill Wyman and Sex Pistols frontman Sid Vicious were all born there.
Economic Crisis: GDP Growth Falls to 4.5% in July to September, Lowest in More Than 6 Years
India was the world’s fastest-growing economy until last year, posting quarterly growth rates of as high of 9.4% in 2016.
Euro-Dollar Gets No Joy from Inflation Gains as German Politics and U.S. Tariff Threat Loom
The Euro vs the Dollar - Latest Exchange Rate News and Forecasts on the Euro Dollar Currency Pair Today
Rupee slips 12 paise to 71.74 against US dollar ahead of GDP data
On a weekly basis, the domestic unit has lost 3 paise.
Daily Mail owner buys i as UK regional market consolidates
DMGT to pay £50m for national daily that belongs to indebted JPI Media
India's fiscal deficit touches Rs 7 trillion, surpasses annual target in seven months
India’s fiscal deficit in the first seven months through October stood at Rs 7.2 trillion, or 102.4 per cent of the budgeted target for the current fiscal year, government data showed on Friday.
ECB Board nominee Schnabel: September stimulus can be justified by current inflation data
The European Central Bank's (ECB) September stimulus could be justified by current inflation data as well as the outlook for inflation over the medium
Sweden-based Online Payments Firm Klarna Reportedly Onboarded 60,000 Additional Merchants
Sweden-based Online payments company (and bank) Klarna reportedly became Europe’s highest valued Fintech in August 2019 with a market capitalization of around $5.5 billion. Klarna’s management stated on November 26 that it has onboarded 60,000 additional merchants worldwide in 2019, which represents an increase of about 140% from last year, when the company signed up 25,000 new customers. Klarna says the new merchants include major companies such as Abercrombie & Fitch, Expedia, H&M, River Island,
EUR/JPY recedes from tops, meets resistance around 120.60
Further downside in the Japanese yen coupled with steady-to-bearish sentiment around the European currency leave EUR/JPY stuck within the daily range
Swiss firm Zurich airport to develop Jewar airport, outbids DIAL, Adani
Jewar Airport or the Noida International Greenfield Airport will come up in the 5,000-hectare area when fully constructed and is estimated to cost Rs 29,560 crores, Nodal Officer for the Project.
No provision for financial aid to family of farmers who commit suicide
Agriculture credit targets have also been enhanced from Rs 9 trillion in 2016-17 to Rs 13.5 trillion in 2019-20
RBI files insolvency application against debt-laden DHFL
DHFL is one of the biggest defaulters in the country that owes over Rs 1 lakh crore (over $14 billion) to its debtors
Crop insurance
IF many of the country’s small farmers, particularly in far-flung communities, remain uninsured, blame it on inadequate resource base and outreach of the Philippine Crop Insurance Corp. (PCIC).
Barratt hails £250m-plus injection to Scots economy
Housebuilder Barratt Developments’ Scottish operations have delivered a £256 million boost to the economy over the past year, marking a double-digit hike on 2018.
Bharti Airtel to seek board nod on December 4 for raising funds
The board will also evaluate raising of funds through debentures, non-convertible debt instruments along with warrants, convertible debentures , securities or any other equity based instruments including through qualified institutions placement or rights issue, or through any other permissible mode
GDP growth slips to 4.5% in September quarter, slowest expansion in 26 quarters
The slump was mainly on account of a weak manufacturing and a drop in exports.
PM scrambles to spur growth; India braces for GDP shock
By Vrishti Beniwal The bad news is getting worse for India’s economy and Prime Minister Narendra Modi is exhausting all options to stem the fallout. Data on Friday will likely show the economy had
Core sector output shrinks 5.8 per cent in October
The only sector that posted growth in October was fertilizers where production increased by 11.8 per cent year-on-year.
Skyworth group to invest $100 mn on white goods factory in Telangana
The company proposes to make latest generation Lithium-ion batteries for electric vehicles, air conditioners, refrigerators and washing machines in the second phase expansion, according to the Shenzen
Shafie leverages on Sabah’s geographic location to lure Japanese investors
KOTA KINABALU, Nov 29 — Sabah Chief Minister Datuk Seri Mohd Shafie Apdal began the first leg of his trade mission in Japan today addressing 200 investors and businessmen from 140 companies in Kobe, Japan by spelling out investment opportunities available in Sabah. He delivered the keynote...
South Africa court rejects Zuma appeal to prevent corruption trial
A South African court on Friday rejected an appeal by former President Jacob Zuma that sought to prevent his prosecution on corruption charges over a 2 billion dollars arms deal.
GDP growth plunges to 4.5%, lowest since 2012
Official says fundamentals are strong, numbers will pick up.
Another Jolt To RCEP? Japan Not To Sign The Multi-Nation Regional Trade Deal If India Doesn’t Join
“All we are thinking of is negotiations including India,” the Japanese Trade Minister added.
Euro area flash inflation: Higher core, temporarily – Nordea
Analysts at Nordea Markets see a stronger than expected rise in the Eurozone inflation in November as a temporary surge until year-end and continue to
More pain for German car industry as Daimler axes 10,000 jobs
Daimler, which employs 304,000 people globally, says the job cuts would be achieved through natural turnover, early retirement schemes and severance packages
UK PM Johnson: Will keep no-deal Brexit preparations in a state of readiness
While responding to a question from a reporter about dropping no-deal Brexit preparations, "Many of those preparations will be extremely valuable as w
India's GDP Growth Drops To 4.5%, Lowest In 26 Quarters
The data comes two days after Nirmala Sitharam on Wednesday quelled fears about the Indian economy going into recession.
When is the Canadian GDP report and how could it affect USD/CAD?
Friday's economic docket highlights the release of monthly Canadian GDP growth figures for October, scheduled to be published at 13:30 GMT. Statistics
Uganda asks more Asians to grab available investment opportunities
Uganda’s Vice President Edward Kiwanuka Sekandi has called upon Arab Countries mostly people from the United Arab Emirates (UAE) to rush and grab the plenty of investment opportunities that the country beholds. This was during the 5th Edition of the UAE – Uganda Trade and Investment Forum that was held at Sheraton Hotel and organized by the Sharjah Chamber of Commerce. It attracted over 22 companies from UAE who came to look for trade and investment opportunities in Uganda. Alex Onzima, a Minister of State in the Vice President’s office highlighted the need for trade performance between the two sister countries while representing the Vice President Sekandi. “We believe that what Ugandans and Africans need to develop is Trade, foreign Investments and access to markets but not Aid.
New rules on gift voucher expiry dates come into effect from Monday
Businesses will be banned from putting an expiry date of less than five years on gift vouchers fr...
Publisher says he's hearing interest in nonprofit turn
NEW YORK (AP) - The publisher of the nation's first daily newspaper to be granted nonprofit status says he's since heard from a few dozen lawyers and news executives curious about whether the Salt Lake Tribune's approach could work elsewhere.
Fears for Oldbury site as Npower restructuring could cost thousands of jobs
Energy giant Npower has announced plans to restructure its UK business, leading to the loss of up to 4,500 jobs and the closure of a number of call centres.
Chinese investments in Malaysia halve, US inflow soars, new govt data reveals
KUALA LUMPUR, Nov 29 — Chinese investments into Malaysia halved to US$1.7 billion in the first nine months of the year from a year ago, though US investments soared seven times to US$5.9 billion — reflecting a diversion of funds due to the Beijing-Washington trade clashes. Data provided by the...
South Africa court rejects Zuma appeal to prevent corruption trial
JOHNANNESBURG (Reuters) - A South African court on Friday rejected an appeal by former president Jacob Zuma that sought to prevent his prosecution on corruption charges over a $2 billion arms deal.
Railways saw least number of accidents in last two and half years: Goyal
"The last 2.5 years have been the safest in the history of Indian Railways. There have been least number of accidents in the last 2.5 years", the minister said
Gotabaya Rajapaksa's visit has potential to boost bilateral trade, investments with Sri Lanka: Assocham
"We can significantly increase our bilateral trade from the present level of about USD 7 billion. Besides, mutual investment can also flourish in a number of areas, including ports, airports, highways, metro rails, telecommunication, petroleum products and hydel power," Assocham President B K Goenka said.
EM stocks fall on trade deal doubts; Lira firms on central bank comments
BENGALURU (Nov 29): Emerging markets stocks fell on Friday on worries that a new US law backing Hong Kong protesters could hinder progress in resolving the Sino-US trade war, while comments from the Turkish central bank breathed new life into the lira.MSCI's stock index for emerging markets fell nearly 1%, extending losses to the second straight session after US President Donald Trump signed into law on Wednesday legislation that supported the protesters, a move that China said it would
Swedish economy ups pace in Q3, supports Riksbank hike plans
STOCKHOLM — Sweden’s economy accelerated slightly in the third quarter from a tough start to the year, data showed on Friday, providing some support for the central bank’s plan to increase the benchmark rate at its meeting in December.
Eurozone unemployment's falls to lowest rate since July 2008
LONDON (AP) - Unemployment across the 19-country eurozone has fallen to its lowest rate since July 2008 even though growth is cooling in the face of headwinds like the U.S.-China trade war and uncertainty related to Britain's departure from the European Union.
Mzansi Magosha’s offer Black Friday discounts
Mzansi Magosha's offer Black Friday discounts in a bid to lure customers charging as little as ZAR50 per session and men are happy
Rupee slips 11 paise to 71.73 against USD ahead of GDP
India's economy grew at 5 per cent in the first quarter of 2019-20 -- the slowest pace in over six years.
Bonanza Creek Energy: Strong Operational Performance Adds To Its Value
Bonanza Creek has delivered at the high end of production expectations while spending towards the lower end of its original capex budget.Production growth may be lower in 2020 as it attempts to minimi
Rs 2,000 notes not much in use, can be taken out of circulation: S C Garg
Rs 2000 notes were circulated by RBI in November 2016 after demonetisation of Rs 500 and Rs 1,000 notes
What Japan's next stimulus package should aim for
The government's challenge will be to put together a spending package that shores up consumer spending and increases the economy's growth potential.
Vanguard International Dividend Appreciation ETF: Exposure To High-Quality Foreign Stocks
VIGI screens for non-U.S. stocks with at least a seven-year consecutive history of increasing the dividend amount.Fund has outperformed some other widely traded foreign stock ETFs in recent years.VIGI
Business Cycle Data And Investor Sentiment Supportive Of Higher Equity Prices
One factor impacting investor sentiment at the moment may be the fact the equity market has generated strong returns to date in 2019.With the strong equity market returns in 2019, investors seem to be
HSBC and Santander customers set for refund
The competition watchdog says the banks failed to send text alerts to customers about to go into the red.
Pakistan to Debut Chinese Yuan-Denominated Panda Bonds Worth $1 Billion
New Delhi (Sputnik): China’s Panda Bonds are onshore products that help international borrowers to explore domestic yuan investors. These yuan-dominated notes are sold by non-Chinese issuers.
New regulations for gift vouchers to come into effect ahead of Christmas
New laws will give all vouchers a five-year expiry time while also meaning people won't have to spend the entirity of the balance in one transaction.
You Can Buy a Lifetime Membership to Pornhub Premium Today Thanks To Black Friday
Pornhub is great for porn, because you can access a huge database of porn without having to sign up or pay for access, but that doesn't mean everything is so freely accessible. Some people may have noticed that there are videos and features locked away behind a subscription, which costs between £8 and £10 a month. But what if you could pay a bunch of money in one go and access Pornhub Premium for the rest of your life?
Watch: Finance Minister Nirmala Sitharaman’s colleagues napped in Parliament during her speech
Sitharaman was speaking on the economy, on which, in the space of three months, she has changed her stance from ‘all is well’ to ‘there’s a slowdown’.
Trials on to convert diesel engines into electric: Piyush Goyal
Railways Minister Piyush Goyal addressed Rajya Sabha, saying India will be the first country to have an entirely electrified rail network. The government aims at converting diesel engines into electric ones, in its commitment towards environment protection. However, he said it is too early to ascertain the exact cost of the project at this stage.
China: Crypto Exchange IDAX Locks up Cold Wallet as CEO ‘Goes Missing’
IDAX reported liquidity problems prior to Lei Guorong absconding, while it remains uncertain what access he has to the platform’s wallets.
Rail operator vows extra compensation for disrupted passengers
West Midlands Trains said timetable changes in May led to disruption on its London Northwestern Railway and West Midlands Railway services.
'Don't mix it with middle-lower ones': Jokowi says Labuan Bajo is 'super premium'
Jokowi has ordered the Tourism Ministry to apply a visitor quota to Labuan Bajo, a tourist destination that is also the gate to Komodo Island.
M65 reopens 4 hours behind schedule after overnight roadworks are delayed by cold weather
The M65 has reopened after an overnight closure overran by four hours this morning (November 29).
Why this hurry to discuss my reincarnation, I am quite well: Dalai Lama
The 14th Dalai Lama himself has said in the past that it is not necessary that the tradition should continue
Japan Loses Former Prime Minister Yasuhiro Nakasone
Former Japanese Prime Minister Yasuhiro Nakasone has died at the age of 101, Concise News understands, according to NHK television.
Top headlines: Q2 GDP growth slips to 4.5%, CEA defends tax cut & more
From Mukesh Ambani becoming ninth richest on Forbes' billionaires list to PM Modi announcing $50 million assistance to Sri Lanka, Business Standard brings you the top news of the day
8 original gift ideas for family and friends across the North East this Christmas
From personalised keepsakes to exciting experiences, there is lots of choice
Bengaluru flat case: Enforcement Directorate attaches land worth ₹7-crore in Tamil Nadu
Agricultural land worth about ₹7 crore in Tamil Nadu’s Nilgiris district was attached by the Enforcement Directorate in connection with a money-laundering probe linked to an alleged flat buyer’s cheat
IIT researchers and NCSM join to create 'Gandhipedia'
The first phase is expected to be completed by March next year followed by four more phases till March, 2024, it said.
Oil mixed amid slow holiday trade before Opec+ meeting
West Texas Intermediate (WTI) futures were up 4 cents, or 0.1 per cent, at $58.15 a barrel.
Eurozone unemployment's falls to lowest rate since July 2008
LONDON (AP) - Unemployment across the 19-country eurozone has fallen to its lowest rate since July 2008 even though growth is cooling in the face of headwinds like the U.S.-China trade war and uncertainty related to Britain's departure from the European Union.
'Unemployment at its peak': Stalin slams Centre for lack of jobs, layoffs
As many as 7,000 graduates including engineers have applied for 549 posts of sanitary workers advertised by the Coimbatore City Municipal Corporation after which Stalin called for intervention
Sainsbury's releases its new Christmas charity campaign, but it's not gone down well with shoppers
Shoppers have expressed their cynicism towards the scheme
Ringgit ends slightly lower against US dollar
KUALA LUMPUR, Nov 29 — The ringgit ended slightly lower against the US dollar today in line the decline in global crude oil prices which affected the local note’s valuation, said a dealer. At 6pm, the ringgit settled at 4.1750/1780 against the greenback compared with yesterday’s close of...
Don’t buy the hype about a looming bacon shortage
Some reports have indicated that there could be a bacon shortage in 2020, but one economist isn't convinced you need to freak out about your breakfast fave.
Inside the cheapest house on Rightmove in Nottingham right now
The semi-detached property could be bagged for a bargain
Eurozone inflation firms but still below central bank goal
BRUSSELS — Official figures show that inflation across the 19-country eurozone rose in November but remains way below the level that the European Central Bank and its new president, Christine Lagarde, would like it to be.
Ex-Japan PM Nakasone dies at 101
Former Japanese prime minister, famed for national integration after the second world war dies at the age of 101.
Euro-Area Inflation Quickens, But Remains Far Below ECB's Goal
(Bloomberg) — Explore what’s moving the global economy in the new season of the Stephanomics podcast.
Rajapaksa's visit can boost trade, investments with Sri Lanka: Assocham
Rajapaksa arrived here on Thursday on a three-day visit, his first overseas tour after taking over the reins of Sri Lanka 10 days back, a reflection of importance he attaches to ties with India
Stocks slip on trade worries as record high stays elusive
LONDON (Nov 29): World shares slipped on Friday as a leading index strained for a record high, with nerves gnawing away from Asia to Europe over how, or when, the US and China can agree a truce in their damaging trade war.The MSCI All Country world index, which tracks shares in 49 countries, fell 0.2% to 548.48 points, short of a record 550.63 scaled in January 2018 before the tensions over trade between Washington and Beijing broke out.European shares
Liquidity pressures faced by NBFCs, HFCs, to continue: Fitch Ratings
Increasing competition to offset lower growth may weigh on profitability and test risk appetite
Last 2.5 years have been the safest in Railways’ history, says Piyush Goyal
The entire rail network will be electrified in India which is the only country in the globe that is experimenting to convert diesel engines into electric, he said.
Huawei will appeal exclusion from US network rollout
US operators will be required to strip out Huawei kit as part of $8.5 programme.
USD/CNH: scope for extra consolidation near-term – UOB
FX Strategists at UOB Group believe the pair is posed for the continuation of the consolidative mood in the next weeks. Key Quotes 24-hour view: “USD
IRS Not Infringing Privacy Requesting Crypto Exchange Data: US Judge
A California federal court has affirmed the legitimacy of the U.S. tax authorities’ summons for data from crypto exchange Bitstamp in connection with an individual tax reporting case.
Boustead posts loss in 3Q on impairments in heavy industries and property divisions
KUALA LUMPUR (Nov 29): Diversified group Boustead Holdings Bhd recorded a net loss of RM155 million for the third quarter ended Sept 30, 2019, versus a net profit of RM7.3 million a year ago.The loss, the group said in a bourse filing, was due to impairments in the heavy industries and property divisions, totalling RM161.3 million, as well as weaker results in other divisions.The group reported a loss per share of 7.65 sen against earnings per share of 0.36
EXCLUSIVE: Tray Deee Defines a Culture Vulture, Doesn't Think Jerry Heller was One
In this clip, DJ Vlad asked Tray Deee to define a culture vulture, and the West Coast entertainer explained that it's someone who exploits a cultur...
AfDB approves $210m to boost electricity transmission in Nigeria
The African Development Bank (AfDB) has approved $210 million to boost electricity transmission in Nigeria. In a statement on Thursday, Ndidi Mbah, general manager of public affairs at the Transmission
Cree's CEO Talks About His Firm's Big 5G and Electric Car Opportunities
During a talk with TheStreet, Cree CEO Gregg Lowe shared plenty of details about the growth opportunities in front of his firm's Wolfspeed power semiconductor and materials unit.
Armagh tile solutions company create 20 new jobs in Dublin with €3m investment
Armatile announced plans to create 20 new jobs and invest €3m in a new luxury showroom and design hub in Dublin.
East Asia's political vulnerability
To avoid Latin America-style political crises, East Asian governments must ensure that their economic policies support equitable growth.
Why 8th NASS rejected Buhari’s $30 billion loan request – Shehu Sani
Former chairman, Senate committee on local and foreign debt in the senate, Senator Shehu Sani has explained why the request by Nigeria President Muhammadu Buhari to borrow $30 billion was turned down by the 8th Senate.
Eurozone inflation firms but still below central bank goal
Official figures show that inflation across the 19-country eurozone rose in November but remains way below the level that the European Central Bank and its new president, Christine Lagarde, would like it to be.
Rural unrest spreads as farmers’ anger boils over
Low food prices and widespread fears about the green transition fuel discontent.
Rail operator vows extra compensation for disrupted passengers
West Midlands Trains said timetable changes in May led to disruption on its London Northwestern Railway and West Midlands Railway services.
Daimler to ax at least 10,000 jobs in latest car industry cuts
Daimler said on Friday it will cut at least 10,000 jobs worldwide over the next three years, following others in the industry as they cut costs to invest in electric vehicles while grappling with weakening sales. It marks the third announcement on cost cuts this week by a major German car company as
Dip in rail accidents in last two years: Piyush Goyal
Assuring members that Railways have taken steps to ensure safety and improve infrastructure, he said, "The last 2.5 years have been the safest in the history of Indian Railways. There have been least number of accidents in the last 2.5 years."
Menang Corp posts loss in 1Q due to land clearing and earthworks expenses, corporate exercises
KUALA LUMPUR (Nov 29): Menang Corp (M) Bhd posted a net loss of RM503,000 in the first quarter ended Sept 30, 2019, compared with a net profit of RM967,000 in the corresponding quarter last year.In a bourse filing, the group attributed the loss to expenses stemming from land clearing, earthworks and provisions for the costs of proposed corporate exercises.It reported a loss per share of 0.1 sen compared with earnings per share of 0.2 sen last year.Quarterly revenue declined
Shop small at Seminole Heights Holiday Shop Hop Saturday
With all the madness of Black Friday and Cyber Monday, don't forget to support local businesses for Small Business Saturday.
USD/CAD edges back closer to 1.3300 handle, focus shifts to Canadian GDP
The USD/CAD pair edged higher during the early European session on Friday, with bulls making a fresh attempt to reclaim and build on the momentum beyo
Electoral bonds cleaned political donation system; ain't a scam: SC Garg
In case a political party receives a political donation in cash primarily, then that might actually indicate a scam, he stated
In a first, RBI sends DHFL to NCLT for debt resolution
India Business News: The Reserve Bank of India (RBI) on Friday sent the troubled mortgage lender Dewan Housing Finance (DHFL) for bankruptcy proceedings, making it the fir
Jacob Zuma's leave to appeal application dismissed with costs
Former president Jacob Zuma launched an appeal after the KwaZulu-Natal High Court in Pietermaritzburg earlier dismissed his stay of prosecution bid.
Early shoppers beat Black Friday rush
Hardy and deal-hungry shoppers lined up Thursday outside JCPenney at Penn Square Mall, waiting in the cold and occasional rain for the doors to open at 2 p.m. so they could snap up an air fryer or two, various electronics and big-discount clothes. “Honestly, with the Black Friday deals you get on clothes, it makes it worth it, getting a little elbow room,” said Ryan Johnson, who shopped with his wife, Jazzlyn. “Black Friday before too long is gonna start in October.” Black Friday has long been a favorite shopping day for gift-shopping Americans, or in some instances when shoppers sought just to treat themselves to something nice.
Anambra acquires land for honey production, export — ADP Manager
Anambra Government has procured over five hectares of farmland at Igbariam in Anambra East LGA for Bee Plantation and Mass Production of honey for export
SCHOTT Glass to double capacity at Jambusar plant in Gujarat
Commits to infuse Euro 26 million by next year
Govt accounts show strong debt position
Hon Grant Robertson
French operators ramp up FTTP roll-out with 1.2 mln premises passed in Q3
French FTTP networks covered another 1.2 million homes and businesses in the three months to September, a new high after the record 1.1 million premises passed in the previous quarter. Overall, 16.7 million premises had access to FTTP services, up 34 percent year-on-year, said regulator Arcep in its latest fixed broadband report.
Six-car collision causes two-mile tailbacks on A12
A six-car collision caused one carriageway of the A12 to be partially blocked, leading to traffic queueing back two miles.
Rail operator vows extra compensation for disrupted passengers
West Midlands Trains said timetable changes in May led to disruption on its London Northwestern Railway and West Midlands Railway services.
Chinese investments in Malaysia halve, U.S inflow soars
Chinese investments into Malaysia halved to $1.7 billion in the first nine months of the year from a year ago, though U.S. investments soared seven times to $5.9 billion - reflecting a diversion of funds due to the Beijing-Washington trade clashes. Data provided by the Malaysian Investment Development
China holds out carrot ahead of Taiwan election, but few convinced
China is stepping up efforts to be nice to Taiwan ahead of key elections on January 11, offering better treatment to Taiwanese in China and urging the democratic island to "come home", but many there only see Beijing wielding a threatening stick. China denies interfering in elections in Taiwan, which Beijing claims as sacred territory, but it traditionally tries various means to influence their result, hoping politicians with a more positive view on China ties get into office.
Amazon workers stage strike on Black Friday
BERLIN (AP) - Workers at Amazon distribution centers in Germany have gone on strike for better pay on Black Friday, one of the busiest days of the year for the online retailer.
Hallmarking to be mandatory for gold jewellery from 2021: Ram Vilas Paswan
However, one year period will be provided for implementation of this decision to enable jewellers clear their existing stock
Steve Bruce says he is braced for a 'difficult' January transfer window at Newcastle United
The Toon head coach knows Newcastle in a position to spend but feels that there will complications ahead
IOB elevates Bhuwan Chandra as CFO
Public sector Indian Overseas Bank has announced the elevation of Bhuwan Chandra as its Chief Financial Officer with effect from December 1. Chandra succeeds Radha Venkatakrishnan who is superannuatin
Continental Reinsurance Plc suspended from trading shares on NSE
Trading in the shares of Continental Reinsurance Plc has been suspended effective Thursday, 28 November 2019.
The Bitcoin Man Acquires FortuneZ, Appoints Sydney Ifergan as COO
Herbert Rafael Sim, popularly known as The Bitcoin Man, has acquired crypto-focused business publication company FortuneZ for a sum of $2,500,000.
Ola restructuring biz over IPO to cost 250 jobs: Report
The spokesperson added that the restructuring is aimed at becoming "more nimble and have a sharper focus on growth and profitability".
Mayar Fund's Q3 2019 Letter To Partners
We invest globally in great businesses that have durable economic moats, favorable customer economics, consistent financial results, high and stable returns on capital, strong cash flow generation, an
Deal alert: You can fly round-trip Vancouver to Tokyo for only $486 CAD
Tokyo is one of the most highly sought-after travel destinations in the world. However, return airfare from Vancouver isn’t exactly easy on the wallet.
Gold rallies Rs 143 to Rs 38,695 on rupee depreciation, positive trend
On Thursday, gold prices closed at Rs 38,552 per 10 gram
Empty streets on Black Friday as customers choose to shop online instead
Black Friday got off to a very, very quiet start this morning.
German Amazon workers strike on ‘Black Friday’
FRANKFURT AM MAIN, Nov 29 — Hundreds of Amazon workers in Germany walked off the job as the US online retailer kicked off its “Black Friday” sales bonanza, escalating a long-simmering battle for better pay and working conditions. The strike called by the powerful Verdi union is set to last...
Mkhari ‘Respects’ Ramaphosa’s Decision To Withdraw From Chairman’s Conversation
JOHANNESBURG – PowerFM chairman Given Mkhari on Thursday said he respected the decision by President Cyril Ramaphosa to pull out of the Chairman’s Conversation. Mkhari said he understood why the president did it, but he was disappointed at the decision. The annual Chairman’s Conversation was cancelled on Thursday evening after Ramaphosa withdrew, citing concerns raised […]
Hong Kong to allow airlines to keep airport slots despite cutting capacity
HONG KONG: Airlines that fly to and from Hong Kong will be able to keep their prized airport slots even if they temporarily cut capacity due to ...
Eurozone Preliminary CPI arrives at +1.0% YoY in Nov vs. +0.9% expected - EUR/USD unfazed
More to come ....
Share Market highlights: Sensex ends 336 points down, Nifty near 12,050; Yes Bank, HUL top losers
Share Market News Today | Sensex, Nifty, Share Prices LIVE: The headline indices Sensex and Nifty receded from record high levels on Friday, tracking weak GDP data outlook.
Amazon workers stage strike on Black Friday
BERLIN (AP) - Workers at Amazon distribution centers in Germany have gone on strike for better pay on Black Friday, one of the busiest days of the year for the online retailer.
Overseas experts criticize US signing of Hong Kong-related act into law
Political experts worldwide and overseas Chinese communities have criticized the signing of a Hong Kong-related act into law by the United States, saying the move interferes in China's internal affairs.
Is Bury St Edmunds getting a new Italian restaurant?
An empty bank in Bury St Edmunds town centre may become an Italian restaurant.
Black Friday sees fewer shoppers in US stores as spending moves online
TRIPOLI: Libya’s National Oil Company said Thursday production had resumed at a key field in the southwest a day after it was interrupted by fighting there. “Following the cessation of military activity at the (Al-Feel) oilfield, production has resumed,” the NOC said in a statement on its website. Forces backing eastern-based strongman Khalifa Haftar, who seized Al-Feel
NSE commodities segment gets CBDT recognition, traders to get tax benefit
The approval will benefit traders in relation to trading in commodity derivatives segment of the NSE as the derivative income will be treated as business income
Do Activist Investors Create Value?
The exchange-traded fund industry is expanding its product range to all investment strategies and grabbing more and more market share from the mutual fund sector.Activist investing isn't a new phenome
Doug Ford to meet with Quebec Premier Francois Legault in Montreal
Ontario Premier Doug Ford will be meeting with his Quebec counterpart tonight, days before all provincial leaders get together in Toronto.
GDP growth slows down to 4.5% in Q2, hits more than 6-year low
India's Q2 GDP Growth 2019: DEA Secretary Atanu Chakraborty and CEA KV Subramnaian said that the fundamentals of India economy remain strong and the GDP growth rate is expected to bounce back in the third quarter of this fiscal
Chinese investments in Malaysia halve, US inflow soars
KUALA LUMPUR (Nov 29): Chinese investments into Malaysia halved to US$1.7 billion in the first nine months of the year from a year ago, though US investments soared seven times to US$5.9 billion — reflecting a diversion of funds due to the Beijing-Washington trade clashes.Data provided by the Malaysian Investment Development Authority (MIDA) to Reuters on Friday showed that China, traditionally the Southeast Asian country's biggest investor, has now slipped to third position behind the United States and Japan.Foreign
Reach share price jumps as Mirror owner pulls out of JPI talks
Shares in the publisher jumped higher in early trading after it also reported a 4.4% decline in revenue for the five months to November 24.
You Can Now Purchase Some Of The Most Famous Original Images Of Alleged UFO Sightings
One of the most notorious groupings of alleged UFO images can be yours for the cool price tag of just a few thousand dollars. The images were captured by s
Zuma and Thales’ leave to appeal dismissed with costs
Former president Jacob Zuma’s leave to appeal the refusal of a permanent stay of the graft charges he faces was denied with costs by a full bench of the Pietermaritzburg High Court on Friday.The leave to appeal for French arms manufacturer Thales was also dismissed with costs.Advocate Muzi Sik
Posta looks to digital boxes to overturn bad fortunes; hopes to increase revenue by Sh1.5bn
NAIROBI, Kenya, Nov 29- The Postal Corporation of Kenya is now targeting to increase its revenues by Sh1.5 billion through digital boxes after it witnessed a fall in letters during the last financial year. According to
The Death of FX Volatility
Volatility in the Euro-Dollar exchange rate reached an all-time low this week, and dying volatility is being recorded in most other major currency pairs as we enter the final month of the year
Swiss firm Zurich Airport beats Adani, DIAL bids to build Jewar airport
Jewar Airport or the Noida International Greenfield Airport will come up in 5,000 hectare area when fully constructed
India announces $400 million loan for Sri Lanka, in support of new president
India will lend Sri Lanka $400 million for infrastructure projects, Prime Minister Narendra Modi said on Friday after talks with the island nation's new President Gotabaya Rajapaksa aimed at improving bilateral ties. Sri Lanka, located off the southern tip of India, has become an arena of competing
Sensex falls 336 points to close at 40,794 ahead of GDP data; Nifty below 12,050
India Business News: Equity indices on Friday ended in red with the benchmark BSE sensex plunging over 300 points ahead of quarterly GDP growth data release. The 30-share
South Africa court rejects Zuma appeal to prevent corruption trial
A South African court on Friday rejected an appeal by former President Jacob Zuma that sought to prevent his prosecution on corruption charge
Government should nationalize Kenya Airways quickly -CEO
NAIROBI — The government must move quickly to nationalize Kenya Airways as regional competitors seeking to carve out market share pour cash into their national carriers, the airline’s chief executive said.
Hengyuan’s 3Q net loss narrows on turnaround plan
KUALA LUMPUR (Nov 29): Hengyuan Refining Company Bhd’s net loss narrowed in the third quarter ended Sept 30, 2019 to RM11.43 million from RM122.49 million a year earlier, due to higher revenue.Loss per share fell to to 3.81 sen from 40.83 sen, the group said in a filing today.Hengyuan said revenue for the quarter jumped 56% to RM3.23 billion from RM2.07 billion a year ago, as the refinery recorded sales volume of 10.7 million barrels.For the nine-month period, the
Euro zone inflation rises quicker than expected in November
BRUSSELS/FRANKFURT (Reuters) - Euro zone inflation accelerated faster than expected in November on a rise in food and services prices, likely comforting European Central Bank policymakers even if some factors pushing up prices may be only temporary.
New World Fund sells Adani Ports shares worth Rs 401 crore
Bulk deal data on the BSE showed that 1,06,87,163 scrips were sold at an average price of Rs 375.34 apiece.
Top U.S. retailers absorb tariff pressure ahead of holiday shopping season
WASHINGTON (Reuters) - Prices for electronics sold online at top U.S. retailers were up slightly heading into the critical U.S. shopping season, but sites including Walmart Inc (WMT.N) and Amazon.com Inc (AMZN.O) have held prices steady for many other popular holiday products despite the pressure from tariffs on Chinese imports.
US merger rush stirs debate over equities bull market
Some see signs of rally’s impending end in rash of multibillion dollar tie-ups
Take Five: NATO -- dead or alive?
(Reuters) - 1/ HAPPY BIRTHDAY NATO!
CBOT Trends - Corn, wheat seen steady to higher; soybeans mixed
CHICAGO, Nov 29 (Reuters) - Following are U.S. trade expectations for the opening of grain and soy complex trading at the Chicago Board of Trade (CBOT) at 8:30 a.m. CST (1430 GMT) on Friday.The markets were closed on Thursday for the Thanksgiving holiday.WHEAT - Steady to up 2 cents per bushel* There were no deliveries against the CBOT's December wheat contract on first notice day on Friday. Traders expected deliveries of zero to 400 contracts, with most anticipating none.
GDP at 4.5%: 'Worrying,' says Manmohan Singh; 'fundamentals strong,' counters govt
India Business News: India's GDP growth hit an over six-year low of 4.5 per cent in July-September 2019, triggering a war of words between the government and the oppositio
Turkish, Qatari financial authorities sign deal to expand economic, financial ties
The Presidential Finance Office and the Qatar Financial Center signed a memorandum of understanding (MoU) to expand cooperation during President Recep...
Experts on GDP numbers: 'Worst is not past us'
Former Chief Statistician of India, Pronab Sen said the manufacturing showing negative growth is certainly worrying. "I don't think the growth has bottomed out, the growth figures may continue to decline the next quarter too, however, post fourth quarter may show some recovery owing to the base effect," Sen said.
US-China trade war news: Clash around law supporting Hong Kong
While harsh statements from Chinese and Hong Kong diplomats to the US should have potentially dragged the Asian shares to south, losses are limited ah
Farmers’ grievance meet turns stormy
Stir against ‘denial’ of Vaigai water for irrigation
Financial boost for minority media
Newspapers run by members of the Armenian, Greek and Jewish communities are to receive extra state funds thanks to an affirmative action scheme. The...
Thousands of Aussies ditch big energy companies for cheaper, local alternatives
Thousands saving up to $430 on energy costs – compare today! Affordable energy continues to be a top concern for many seniors and cost-wary Aussie
Northern voters express mixed feelings over delayed results announcement
-Voters in the northern regions expressed mixed feelings over the delayed final announcement of election results.
4.5% GDP growth rate unacceptable, worrisome: Former PM Manmohan Singh
He said the "toxic combination of deep distrust, pervasive fear and a sense of hopelessness in our society" is stifling economic activity and growth
Government restricts cyanide sales after suspicious suicides
The Ministry of Environment and Urbanization on Friday banned the retail and online sale of cyanide to the public after a series of questionable...
Fiscal deficit for April-Oct touches Rs 7.2 trillion, exceeds FY20 target
This was 102.4% of the full-year target, compared with 103.9% for the same period last year
Former Nepal PM calls for trilateral partnership with India and China
Prachanda said Nepal being a sovereign and independent country should have equal status and say in the trilateral partnership
AIIMS duped of Rs 12 cr as fraudsters withdraw money using 'cloned cheques'
The money was illegally withdrawn from the AIIMS' accounts in the State Bank of India at its non-home branches in other cities
Russia's Novak: Would rather take decision on output extension close to April
Russian Energy Minister Alexander Novak said that he favoured OPEC and its non-OPEC allies to make a decision on whether to extend the crude oil produ
Indian Rupee Billed as "Overvalued" and Set for Declines after GDP Disappointment
British Pound vs Indian Rupee - Latest Exchange Rate News and Forecasts for Converting Pounds to Euros Today
4,500 jobs in UK at risk as Germany's E.ON breaks up struggling Npower
The revamp effectively removes one of the market's so-called 'Big Six' players, which have lost customers to nimbler recent entrants and been hit by a regulatory price cap
China's financial warning signs flashing nearly everywhere as policymakers scramble
From rural bank runs to surging consumer indebtedness and an unprecedented bond restructuring, mounting signs of financial stress in China are putting the
Government of Ghana talks about Ghc 100 and Ghc 200 currency notes
The Governor of the Central Bank of Ghana, Dr. Ernest Addison has explained the rationale behind the government’s policy decision to introduc
New Turkish restaurant in Metro Vancouver promises to transport you to Istanbul
A soon-to-open Turkish restaurant is set to be a welcome addition to North Burnaby.
Sensex tumbles 336 pointts ahead of GDP data
The 30-share Sensex pared some losses, ending 336.36 points or 0.82 per cent lower at 40,793.81.
OPEC oil output falls 110,000 bpd in November to 29.57M bpd – Reuters
Crude oil output by the Organization of the Petroleum Exporting Countries fell 110,000 barrels per day (bpd) in November to 29.57 million bpd, a Reute
NTPC to list commercial paper on BSE for an issue size of Rs 1,500 cr
After the process, the effective date of listing of such papers at the exchange will be December 2, the BSE said in a statement
Gold eases over doubts on US-China trade war, faces worst month in 3-years
Investors were uncertain about the fate of a 'phase-one' trade deal between the two economies
AI and modest wear: Ria Miranda celebrates 10-year fashion career
Fashion designer Ria Miranda celebrates her decade-long tenure in the Indonesian modest wear fashion industry with an exhibition highlighting her milestone achievements and her collaboration with Microsoft’s artificial intelligence (AI) system Rinna.
Las Vegas shoppers hitting stores early on Black Friday
The Retail Association of Nevada estimates roughly 1.65 million adults in the state will be shopping over the five-day Thanksgiving weekend and Cyber Monday.
KSE-100 index crosses 39,000 points to 9-month high
KSE-100 index crosses 39,000 points to 9-month high.
Zurich Airport Wins Multi-Billion Contract to Build Delhi's Third Airport - Official
New Delhi (Sputnik): This is the first major success for the Switzerland-based company Zurich Airport International, as it has received setbacks five times in this year. Adani enterprises won bids to operate five major international airports in all those cases.
Solar-powered equipment for blacksmith inaugurated
SivagangaA solar-powered blower, hammer and an angle grinder for blacksmiths were inaugurated by R. Sundararajan, Assistant General Manager, Canara Bank, along with Mohan Bhaskar Hedge, Chief Executiv
Oklahoma police say officer got Starbucks with 'PIG' on cups
An Oklahoma police chief says an officer bought Starbucks for 911 dispatchers working on Thanksgiving only to find that ‘PIG’ was printed on the cups’ labels
4.5 per cent GDP growth rate unacceptable, worrisome: Manmohan Singh
Delivering his valedictory address at a national conclave on economy, former prime minister Manmohan Singh said mutual trust is the bedrock of societal transactions fostering economic growth, but "our social fabric of trust, confidence is now torn and ruptured".
Kerala Bank comes into being
Administrator rule of district cooperative banks ends
Social Innovation Ireland Fund boosts its board
Ailbhe Keane, founder and creative director of Izzy Wheels, has also joined the the fund board.
Build office buildings for all GPs, says Minister
Dayakar Rao reviews work taken up under Centrally-aided schemes
Payback Time: The myth that keeps Canadians on a financial treadmill
In a new weekly retirement column, personal finance columnist Dale Jackson will cut through the noise and deal with the issues that forge a stable retirement.
How to get a $25 Amazon Smart Plug for $4.99 during Black Friday
At $25, the Amazon Smart Plug is a tall order considering similar Alexa-enabled Wi-Fi smart plugs from smaller brands generally cost between $10 and $15 a piece. They work exactly the same, allowin…
Supreme Court releases new roster, PILs to be heard by CJI and 3 senior most judges
The new roster is slightly different from the last time when the outgoing CJI Ranjan Gogoi had kept PIL matters for top five judges of the apex court, including the CJI. Besides PIL matters, CJI Bobde has kept with him matters of contempt, election, habeas corpus, social justice, direct and indirect tax cases, among others.
The Purpose Of A Business
Is the purpose of a business just to make money?
India’s GDP growth slips to 4.5%, slowest in more than six years
The GDP growth rate has now slowed for the sixth consecutive quarter with the previous low recorded at 4.3 per cent in March 2013.
Good, bad and ugly of industrial relations code
Rituparna Chakraborty, Co-Founder & Senior Vice-President of TeamLease, cautions that this change in notification mechanism does not necessarily mean lesser administrative hassle or follow through for employers
Textile parks grow at snail's pace; only 22 out of 59 projects completed so far
Scheme for Integrated Textile Parks (SITP) provides support for creating good textile infrastructure, with the government granting up to 40 per cent of the project cost
Japan's defence, foreign ministers to visit India tomorrow for 2+2 dialogue
The two ministers will be leading a Japanese delegation to the inaugural meeting of the 2+2 dialogue
BCC struggles to rehabilitate recreational facilities due to funds shortage
Shortage of funds is reportedly crippling the Bulawayo City Council from rehabilitating recreational facilities needed for various activities that may keep the ...
AUD/USD slumps to fresh multi-week highs near 0.6760 on broad USD strength
After rebounding to 0.6780 area during the European trading hours, the AUD/USD pair lost its traction in the last hour pressured by the broad-based US
Australia a 'treasure island' for medical device giants: ex-hospital boss
The former boss of Australia's second largest private hospital operator has backed health insurers' claims they are being gouged by medical device manufacturers.
Sebi advances margins determination period for commodity derivatives
Effective April 1, 2020, cut off time shall be kept at 5 pm for the purpose of determining minimum threshold of margins to be collected by members from their clients
Arab Parliament Rejects EU Parliament Resolution on Human Rights Situation in Algeria
President of the Arab Parliament Dr. Mishaal bin Fahm Al-Salami rejected the European Parliament's resolution on the situation of human rights and freedoms in Algeria, issued on Thursday, considering the European Parliament has no legal jurisdiction
Odisha's investments in PSUs yield poor returns, says CAG report
Out of 147 entities where the government poured funds, only 12 had paid dividend- two rural banks, nine government companies and one statutory corporation
SECA Evening Event: Venture capital for family offices, insurance firms and pension funds
This event is aimed at managers and decision-makers from the investment sector of Swiss family offices, insurance firms and pension funds.
Buhari Administration Committed to Growth of MSMEs — Adebayo
Minister for Industry, Trade and Investment, Otunba Niyi Adebayo, has declared that “Nigeria is open for business!” Vanguard News
Steinmetz fails to overturn $1.25bn arbitration award
London High Court tells mining group BSGR ‘no apparent bias or procedural irregularity’
New equipment brings improved imaging to radiology
Patients will benefit from faster, clearer imaging with the arrival of new equipment in the radiology department at Hawke’s Bay Fallen Soldiers’ Memorial Hospital.
New on Netflix – December 2019
The good news is, The Witcher is coming to Netflix this month! The bad news is, it only starts on the 20th of December. But wait, more good news! There’s a TON of new Netflix content to keep …
Buhari proposes pool fund for africa trans-regional gas infrastructure
PRESIDENT Muhammadu Buhari yesterday said there was a need for African nations to pool resources to put up trans-border and trans-regional....
No question of closing down Integral Coach Factory, says Piyush Goyal
Minister hails the organisation for the Vande Bharat Express, India's first indigenously made semi-high-speed train
GDP growth tanks to 4.5% in Q2; core industries' output shrinks 5.8% in Oct
Fiscal deficit in the first seven months of FY20 already at 102% of government's target for full financial year
Canada’s economy slowed in third quarter
OTTAWA, Nov 29 — Canada’s economy put on the brakes in the third quarter sending growth falling to 1.3 per cent, or almost one-third of the previous three months’ GDP, the government statistical agency said today. Statistics Canada blamed a drop in exports for the slowdown, noting that it was...
Opec November oil output slips before Aramco IPO, policy meeting
LONDON, Nov 29 — Opec oil output has fallen in November as Angolan production has slipped due to maintenance and Saudi Arabia has kept a lid on supply to support the market before the initial public offering (IPO) of state-owned Saudi Aramco, a Reuters survey found. On average, the 14-member...
Disinfection upgrades at Mayo water plants
WORKING in partnership with Mayo County Council, Irish Water has completed a detailed assessment of the water treatment plants in Mayo as part of the National Disinfection Programme.
FPA Crescent Fund Q3 2019 Commentary
The Fund seeks to generate equity-like returns over the long term, take less risk than the market and avoid permanent impairment of capital. We invest across capital structure, geographies, sectors.FP
US redwood sequoia company wins approval
A US company wanting to grow giant redwood trees here to sell the lumber back home has won the right to buy another 4000ha in New Zealand. Tough restrictions on cutting down Redwood, or Sequoia, in the US means people cannot get enough of it to use as a building material. The wood is especially popular for things like decking and outdoor furniture, as it is admired as both attractive and robust. To meet the need, the Soper Wheeler Company of California set up the New Zealand Redwood Company in Taupō in 2001. New Zealand's moist climate allows higher growth rates for Sequoia than in California.
New World Fund sells over 10 mn shares in Adani Ports worth Rs 401 cr
As per September 2019 shareholding data, New World Fund Inc was a public shareholder of Adani Ports and held 2.07 per cent stake
Nigeria’s First Digital Economy Diagnostic Reveals a Vibrant Entrepreneurial Ecosystem
The World Bank Group today launched its first Nigeria Digital Economy Diagnostic Report during an eSummit hosted by the government. The report reveals that although Nigeria is the largest mobile market in Sub Saharan Africa with a strong mobile broadband infrastructure and a vibrant digital entrepreneurial ecosystem, the lack of infrastructure and connectivity in the […]
Infighting in Telangana’s Singareni Collieries union out in the open
TGBKS regional committee attacked at a recent programme
Patanjali secures Rs 3,200 cr loan from SBI, other banks to buy Ruchi Soya
Patanjali said it has got loans of Rs 1,200 crore from SBI, Rs 700 crore from PNB, Rs 600 crore from UBI, Rs 400 crore from Syndicate Bank and Rs 300 crore from Allahabad Bank
Buying a BS4 car
Should I buy a BS4 car or do I wait for a BS6 model and will there be any restrictions on the former after four or five years?
Russia and China deepen ties with River Amur bridge
Russia and China have finished building the first road bridge linking their two countries, Russian officials said on Friday, in the latest sign of warming relations. The bridge across the River Amur will connect the cities of Blagoveshchensk in Russia's Far East and Heihe in northeastern China and
SAT asks Sebi to look into Karvy's plea on power of attorney issue
Sebi on November 22 had barred Karvy from taking new clients in respect of its stock broking activities.
Sugar output in 2019-20 may fall by 18% to 2.73 mn tonnes: Govt in RS
Sugar marketing year runs from October to September
Climate change protest in Plymouth city centre - in pictures
Noisy protesters have been marching to raise awareness of climate change in Plymouth today
Economic Slowdown: 4.5% Growth “Clearly Unacceptable", "Worrisome", Says Ex-PM Manmohan Singh
Indian economy needs to grow at 8-9% per year to fulfil people’s aspirations. Root cause for slowdown is Modi government's distrust of businessmen, says Singh.
The Looming Calendar Anomaly In Junk Bonds
A seasonal supply/demand imbalance in high-yield bond markets has traditionally led to strong performance in December and January. This has led to a historically bankable strategy to capture alpha fro
Japan, South Korea to hold high-level trade talks
Nov. 29 (UPI) -- In the shadow of the United States trade war with China, South Korea's trade ministry said Friday it will hold high-level trade negotiations with Japan to end its long-running standoff.
Wall Street starts holiday-shortened day in red
Wall Street's main indexes started the day in the negative territory on Friday as investors returned from the Thanksgiving Day holiday break. As of wr
City to clear out Esplanade
The City of Penticton says it will be moving to clear out Esplanade Park, a popular camping spot for the homeless, on Monday morning.
Hallmarking of gold jewellery mandatory across nation from January 2020
Jewellers to be given a year's time to clear stocks that aren't hallmarked and get themselves registered
Mercedes-Benz owner to slash 10,000 jobs in latest car industry cuts
Daimler said on Friday it will cut at least 10,000 jobs worldwide over the next three years, following others in the industry as they cut costs to invest in electric vehicles while grappling with
Lawrence Kenwright tells of regret over Signature Living investor complaints
Hotel boss apologises for delays and poor communications
'We have lost a great leader' - Ramaphosa as King Sigcawu is laid to rest
President Cyril Ramaphosa has bid farewell to King Mpendulo Zwelonke Sigcawu during his funeral at the Nqadu Royal Palace near Willowvale in the Eastern Cape.
Forex kitty continues to move up, closes in $449 billion mark
In the previous week, the reserves had increased by USD 441 million to reach USD 448.249 billion
Inside Career of Uhuru's New Millionaire Nominee
President Uhuru Kenyatta's nominee is also a holder of a PhD from the University of...
Next week’s key events in developed markets – ING
Analysts at ING offered a brief overview of the upcoming important market-moving economic releases/events, including a batch of sentiment indicators i
Economy hit by climate of fear, says Manmohan Singh
Former Prime Minister warns of disastrous effects of a sharp slowdown in growth .
How Adani Enterprises, GMR Group lost the bid for Jewar airport to Zurich Airport
Zurich Airport, which is currently involved in eight airports in South America, is keen to expand in South and South-east Asian countries like India, Indonesia and the Philippines
Hike in Onion Price? Thieves in West Bengal steal onions instead of Cash
With the hike in prices of Onion up to Rs 100 per kilo in West Bengal, onions have seemingly become more alluring for thieves than cash
Man wins Supreme Court appeal for more detail in mortgage debt judgment demand
Joseph O’Malley, from Westport, said he was confused and uncertain over his liability
China: 5 Crypto Exchanges Halt or Shut Services Amid Perceived Crackdown
At least five Chinese crypto exchanges have halted or chosen to terminate operations this month in response to a perceived hardening of Beijing’s anti-crypto stance.
Black Friday: Holiday Shopping Gets a Trump Economy Boost | Breitbart
Despite a holiday season shortened by a late Thanksgiving, retail spending is expected to rise by around 4 percent this year.| Economy
Canada Q3 GDP growth slower, but details better – RBC
Nathan Janzen – Senior Economist at Royal Bank of Canada (RBC) – offered his take on Friday's release of the Canadian GDP report, which showed a shar
NZ First ‘Agrees to Disagree’ Over Tobacco Excise Increase
New Zealand First ‘Agrees to Disagree’ Over Tobacco Excise Increase
Finland, Belgium, Denmark, Netherlands, Norway, Sweden Join INSTEX Mechanism for Trade With Iran - Finnish Foreign Ministry
Iran considers the European Instrument in Support of Trade Exchanges (INSTEX), a tool set up to help trade with Tehran under the US sanctions, to be weak, Iranian Deputy Foreign Minister Seyed Abbas Araghchi stated earlier in November, adding that the system has not been fully implemented so far.
Will ensure water for every acre in A.P.: Anil Kumar
‘Government committed to completing pending irrigation projects’
German auto industry group appoints former Merkel aide
BERLIN (AP) - An influential group representing the German auto industry has chosen Hildegard Mueller, who was once a senior aide to Chancellor Angela Merkel, as its new leader.
Zurich airport outbids Adani, DIAL to build Delhi-NCR’s second airport in Jewar town
Zurich International had developed the Kempegowda International airport in Bengaluru in partnership with other companies.
Black Friday sees fewer shoppers in stores as spending moves online
Shoppers also worried that tariffs imposed by President Donald Trump on Chinese imports would make their holiday shopping more expensive
Karvy case: SAT asks Sebi to review limited use of power of attorney issue
Sebi's directive had come after the National Stock Exchange forwarded a preliminary report to it on the non-compliances observed with respect to pledging/misuse of client securities by Karvy
UK hails 63 per cent hike in Indian student visas
The ONS data overall indicates that over the last decade, around 270,000 Indian students have chosen the UK as a higher education destination. In contrast, an estimated 229,000 more non-EU citizens moved to the UK than left in the year ending June 2019.
German auto industry group appoints former Merkel aide
BERLIN (AP) - An influential group representing the German auto industry has chosen Hildegard Mueller, who was once a senior aide to Chancellor Angela Merkel, as its new leader.
Boris Johnson's dad just called the entire British public illiterate
Prime Minister's dad Stanley Johnson was on the BBC's Victoria Derbyshire show
Disturbed by Turkey's achievements in Mediterranean, Greece summons Turkish envoy
Greece summoned Turkey's ambassador to Athens on Thursday, following the country's agreement with Libya over the Mediterranean Sea to protect its rights in...
Buhari: Construction of Ajaokuta-Kaduna-Kano gas pipeline to start soon
President Muhammadu Buhari says the federal government would soon commence the construction of the Ajaokuta-Kaduna-Kano (AAK) gas pipeline.
Focus will be on Canadian GDP – TDS
Analysts at TD Securities (TDS) offered a brief preview of Friday's only important release of the Canadian GDP growth figures, scheduled later during
German car industry reels as Daimler cuts 10,000 jobs
Some 50,000 cuts have been announced across the sector as automakers restructure
FM's remarks on economy disappointing, crisis entirely home grown: Sinha
Sinha said that even now, the government is largely in denial
Fired Zimbabwe state doctors reject offer to return to work
HARARE (Reuters) - Zimbabwe state doctors who were fired for going on strike have rejected a government offer to return to work, their union said on Friday.
ACB Stock Price: Aurora Cannabis Inc. sets higher lows, shrugging off financial fears
Aurora Cannabis Incorporated, which is headquartered in Edmonton and trades at the Toronto Stock Exchange (TSE) has risen on Thursday at and closed at
Inside the cheapest house for sale on Rightmove in Derby right now
It's on the market for less that half the average price of a terrace house in the area
Costco extends its Thanksgiving day promotions after its website crashes for several hours, preventing furious customers from shopping the deals
Costco is extending its Thanksgiving day online promotions to customers in the US after its website crashed for several hours and shoppers were unable to shop the sales.
Pakistani man aims to bring shade to Iraq's Arbaeen pilgrims
A retired Pakistani industrialist sent thousands of saplings to Iraq on Friday to bring shade to pilgrims, an idea formed when his relatives returned from a holy site with sunburn. Mohammedi Durbar, 85, wants to plant nearly 50,000 trees along the entire 80-km (50-mile) pilgrimage route between Iraq
EUR/GBP retreats from daily highs near 0.8540
The selling pressure around the single currency has forced EUR/GBP to recede from earlier tops in the 0.8540/45 band. EUR/GBP remains focused on the U
China’s true economic growth could be half of what everyone thinks
China’s GDP data release always generates great market excitement despite rarely straying more than 25 basis points below or above the government target. This stability has led a number of analysts to propose their own measures, typically based on a variety of Chinese proxy data but, in the end, not that different from the official numbers. In this article I argue that, based on the performance of countries comparable to China, the latter’s GDP growth could be as low as half the official number and that markets are likely overestimating China’s importance for the global economy. That being said, China has one of the highest levels of corporate debt in the world and slower growth implies greater risks of financial instability.
Roscommon respite centre to close despite campaign
The Irish Wheelchair Association (IWA) is shutting the Cuisle centre in Donamon in Co Roscommon because of funding issues.
Hong Kong customs seizes $50 mln smuggled frozen meat to mainland China
BEIJING/HONG KONG, Nov 29 (Reuters) - Hong Kong customs seized about 540 tonnes of suspected smuggled frozen meat with an estimated market value of about $50 million, the authority said in a statement on Friday, case of its kind in the past decade. The meat was found aboard four suspicious fishing vessels
Cotton - The Fluffy Fiber Continues To Work Its Way Higher
A recovery to 96.50 cents ran out of steam in June 2018.Cotton falls to just over the 2016 bottom.A bullish pattern since late August.Levels to watch in the cotton market.BAL is the cotton ETN product
GAM’s head of investments to quit Swiss asset manager
Matthew Beesley was once regarded as contender for top job
Digital Payments: Modi’s Idea of A Cashless India Is Going Steady and Strong
As compared to FY 2014-15, the digital transaction volume for FY 2018-19 has grown five-fold.
Newcastle Grainger Market opening hours - when to go for food, shopping and more
The covered market is home to street food stalls, cafes, greengrocers, butchers, fishmongers and more
This story has legs: Cambodia 'bug cafe' serves up insect tapas
Ant spring rolls, silkworm taro croquettes and a "bug mac" -- Cambodia's first insect tapas restaurant is mixing cocktail culture with creepy ...
It’s a rush for FASTags as banks, customers gear up for Dec 15 deadline
Banks come out with offers such as doorstep delivery and free movie tickets
India's apparel exports to EU face a duty disadvantage: Smriti Irani
India's exports of textile and apparel sector (including handicrafts) have increased from USD 39.3 billion (around Rs ) in 2017-18 to USD 40.4 billion in 2018-19," Irani said in a written reply to the Lok Sabha.
Amazon hit by Black Friday strikes and protests across Europe
UK protestors are demanding an end to 'appalling' working conditions while German staff are striking for better pay.
Customers are slamming Macy's, Best Buy, and Target for opening stores on Thanksgiving
"Thanksgiving is a day of giving thanks, not a day for corporate capitalism," one person wrote on Twitter this week.
Amazon's Black Friday Sale Cuts the Price of Beats Solo3 Headphones by Over £100
Yes, they launched in 2016, but they're still sporting a £250 price tag which has been almost cut in half for today only.
Taiwan raises economic growth forecasts for 2019 and 2020
GDP benefits from Taiwanese businesses returning amid trade wars: DGBAS.Taiwan’s economy will grow by a higher-than-expected 2.64 percent this year and even by 2.72 percent in 2020, the government predicted Friday (November 29).
The Aramco IPO And The OPEC Meeting Could Support The Price Of Crude Oil
The Saudis want to sell a piece of Aramco.Watch the OPEC meeting for clues.Iran provides support for the energy commodity.U.S. energy policy could shift.UCO and SCO are tools for those who do not trad
Sensex plunges 336 points ahead of GDP data release for September quarter
The top gainers on the Sensex were Bharti Airtel, HDFC Bank, and NTPC.
Swiss Firm Zurich Airport Outbids DIAL, Adani To Develop Jewar Airport
The first phase of the airport would be spread over 1,334 hectare and cost Rs 4,588 crore.
Crude Oil Price and Forecast: WTI traders take clues from US-China tensions, OPEC+ eyed
WTI has been dropping to the intra-day low of $58.07 by the press time of early Friday in Asia. The energy benchmark seems to have negatively affected
No change in prices of RON97, RON95 and diesel
KUALA LUMPUR (Nov 29): The Ministry of Finance (MOF) today announced that the retail price of RON97 petrol will remain at RM2.66 per liter, while RON95 and diesel will remain at RM2.08 and RM2.18 per liter respectively, for the period of Nov 30 to Dec 6.In a statement issued today, MOF announced that petroleum retail prices were set weekly using the Automatic Pricing Mechanism (APM) formula, where the retail price of RON95 and diesel for the same period is
Ombudsman allows Rajat Sharma to quit as DDCA president
Cricket News: The Delhi and District Cricket Association ombudsman Justice (Retd) Badar Durrez Ahmed on Friday accepted senior journalist Rajat Sharma's resignation
Govt to make hallmarking mandatory for gold jewellery
The government will make hallmarking for gold jewellery and artifacts mandatory from January 15, 2021, to ensure quality, Union Consumer Affairs Minister Ram Vilas Paswan said on Friday. The departmen
GDP growth at 4.5%: No, Indian economy is still not in recession, but these countries are
Q2 GDP: Some of the key economies in the world are in the verge of recession raising fears about the global economic health
Sri Lanka wants to undo 99-year port lease to China
Sri Lanka’s new government led by President Gotabaya Rajapaksa wants to undo the previous regime’s move to lease the southern port of Hambantota to a Chinese venture, citing national interest. Former
Wall Street Breakfast: Black Friday In Full Swing
Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha, iTunes, Stitcher and Spotify. The biggest shopping weekend of the year is here and 165.3M A
Hallmarking For Gold To Be Mandatory From 2021, Industry Welcomes Move
One year period will be provided for implementation of hallmarking decision to enable jewellers clear their existing stock.
Egypt has capacity to store 4 mln tonnes of wheat - ministry
CAIRO, Nov 29 (Reuters) - Egypt, the world's largest wheat importer, has the capacity to store 4 million tonnes of wheat this season, the supply ministry said on Friday, adding it had built new wheat silos for the additional storage.In July, Egypt signed a deal with the OPEC Fund for International Development (OFID) to build two wheat silos in Port Said. At the time, Supply Minister Ali Moselhy said they would raise Egypt's storage capacity for imported wheat by around 15%. (Reporting by Momen Saeed Atallah; Writing by Yousef Saba; editing by David Evans)
A blockchain/IoT combo could reduce food fraud by $131B in five years
Blockchain is gaining ground in the supply chain arena, verifying not only the provenance of goods, but enabling suppliers of meats and produce to verify their origins and ensure regulatory rules are met.
Problem with sewer shuts down Wellburn's Market grocery store, barbershop
Wellburn’s Market, a grocery store at Cook and Pandora that's been downtown for more than a century, was forced to close its doors Friday morning after a sewage line problem in the building. . . .
Border Closure: Nigeria short of N338 billion worth of rice
Nigeria has recorded N338.6 billion shortage of rice at the Malaysian price of $421 per tonne as a result of border closure.
Oil to be stuck in a rut in 2020 as slowing demand fuels glut: Reuters poll
(Reuters) - Oil prices will remain subdued in 2020 as growth concerns weigh on demand and fuel a glut of crude, a Reuters poll showed on Friday ahead of production-policy talks among OPEC and its allies next week.
Core sector output for October contracts further to 5.8 per cent
The index was dragged down by electricity which reported a de-growth of 12.4% vs -3.7% in Sept.
Help for low income families in Ingol over Christmas, with Whitby's Local Pantry
Residents in Ingol who are struggling to afford food in the run up to Christmas can attend a community pantry to stock up on supplies.
EXCLUSIVE: Govt explains why it introduced Ghc100, Ghc200 Cedi notes
The Governor of the Central Bank of Ghana, Dr Ernest Addison has explained the rationale behind government’s policy decision to introduce new Bank notes of Ghv100, Ghc200 and 2Ghc coin. Addressing a presser covered by MyNewsGH.com, the Governor said “twelve years after the redenomination exercise, sustained periods of high inflation and the perennial depreciation of the currency have eroded, in real terms, the face value of the series of the notes” forced government to take the decision. He explained that a lot of thinking and consultations took place. A lot “thinking went into the decision to introduce the higher denomination banknotes. The structure of the banknote should align well with the needs of the people who use it for their daily transactions. We need banknotes and coins that are convenient for most people to use, high quality, secure and cost effective.” He added. A promotional release by BoG read in part:
South Africa court rejects Zuma appeal to prevent corruption trial
A South African court on Friday rejected an appeal by former President Jacob Zuma that sought to prevent his prosecution on corruption charges...
Government initiates dialogue with ASEAN members for review of FTA: Piyush Goyal
"We have already initiated dialogue with ASEAN countries and I am happy to share with the House that ASEAN has agreed for a review of the FTA. We will take up various issues in the review and then we will report to the House," he told the House. He also said the Coffee Board is trying to develop an Indian brand of coffee .
India’s Fiscal Deficit In October At 102.4% Of 2019-20 Target
The gap between the government’s revenue and expenditure rose to Rs 7.20 lakh crore as of October.
Govt initiates dialogue with ASEAN members for review of FTA: Goyal
He also said the Coffee Board is trying to develop an Indian brand of coffee for export and the work in this regard is underway
India's April-October fiscal deficit at 102.4% of full-year target
Net tax receipts in the April-October period was Rs 6.83 trillion, while total expenditure was Rs 16.55 trillion, the data showed
Turkish financial sector buys 85.05% stake in JCR Eurasia
Turkey's leading banking and financial institutions inked a deal to buy 85.05% of credit rating agency JCR Eurasia, Turkey's banking association said on...
Sensex tumbles 336 points ahead of GDP data
NSE Nifty also settled 95.10 points down.
DHFL: RBI initiates corporate insolvency resolution process
The Reserve Bank of India (RBI) on Friday filed an application for initiation of corporate insolvency resolution process against the financially stressed Dewan Housing Finance Corporation Ltd (DHFL) u
Sewage break shuts down Wellburn's Market grocery store, barbershop
Wellburn’s Market, a grocery store at Cook and Pandora downtown for more than a century, was forced to close its doors Friday morning after a sewage main problem in the building. Customers were . . .
IHH Healthcare posts RM236m in 3Q net profit on stronger contribution from its operations
KUALA LUMPUR (Nov 29): IHH Healthcare Bhd reported a net profit of RM236.34 million for the third quarter ended Sept 30, 2019 (3QFY19) compared to a net loss of RM104.07 million a year ago.The regional healthcare group said the quarterly profit was driven by sustained organic revenue growth at existing operations.The boost to earnings also came from Gleneagles Hong Kong Hospital and Acibadem Altunizade Hospital, both opened in March 2017. In addition, Amanjaya Specialist Centre and Fortis Healthcare (“Fortis”),
First home tours available at Shoreline townhomes
Each of the six identical, individually parceled homes boasts three bedrooms and 2.25 bathrooms within 1,930 square feet of living space.
NZ training for Saudi Arabian air traffic control graduates
New Zealand training for Saudi Arabian air traffic control graduates
El Nino, La Nina not expected in Pacific but extreme weather still possible- WMO
GENEVA, Nov 29 (Reuters) - Neutral conditions are expected to prevail in the Pacific through February, but that will not prevent extreme weather, the U.N.'s World Meteorological Organisation said on Friday"We currently have neutral conditions so neither El Nino or La Nina. And we expect this to continue during the period December 2019 to February 2020. Having said that doesn't mean that we are not going to see unusual and extreme weather," WMO spokeswoman Clare Nullis told a news briefing.
Indian hedge funds return 0.09% in October, way behind Asian peers
Indian funds did better than Asian ones in only four out of the ten months of 2019 so far
Sebi imposes Rs 2 lakh fine on Unitech for violating Listing Agreement
It was alleged that Unitech made incorrect disclosure about shareholding of some promoters in the quarter ended September 2008 and December 2008.
ICPC, NOA launch community campaign to monitor constituency projects
The ICPC in collaboration with the NOA has launched a National Awareness Campaign on Community Monitoring of Constituency Projects.
AUD/USD loses recovery momentum ahead of 0.6800, trades around 0.6780
The AUD/USD pair continued to push lower during the Asian trading hours on Friday and touched its worst level since mid-October at 0.6762 but staged a
$5.8B deficit over 6 months
The federal government ran a deficit of $5.8 billion over the first six months of its 2019-20 fiscal year compared with a surplus of $1.2 billion in the same period last year.
Germany's Daimler to cut 'thousands' of jobs over 3 years
Daimler says it plans to cut thousands of jobs worldwide by the end of 2022. The German automaker says it plans not to fill some vacant posts and to offer severance packages in Germany to reduce administrative jobs.
Christmas bonus for Carrick-on-Suir Credit Union members
Carrick-on-Suir Credit Union Ltd is reporting a strong 2019. The credit union has provided €5.8 million in loans to the local community over the past year. Membership has grown and it now h...
Italy: Annual GDP in Q3 grew 0.3% as expected
The Gross Domestic Product (GDP) in Italy expanded by 0.1% on a quarterly basis in the third quarter and came in at 0.3% on a yearly basis with both r
US shoppers stay away from stores, spend online as Black Friday begins
NEW YORK, Nov 29 — US consumers splurged more than US$2 billion online in the first hours of Thanksgiving shopping today, while crowds were largely thin at retailers on the eve of Black Friday, reflecting the broader trend away from shopping at brick-and-mortar stores. Early discounts offered...
Adani group shares rally up to 13% as CCI approves Total Group's 37.4% stake buy
Adani Gas share price rallied as much as 12.77 per cent to Rs 168.60 apiece on the BSE after the CCI approved the acquisition of 37.4 per cent shareholding and joint control by Total Group in Adani Gas
China's true economic growth could be half of what everyone thinks, Business Insider - Business Insider Singapore
Business Insider - GDP growth could be as low as half the official number and that markets are likely overestimating China’s importance for the global economy.. Read more at businessinsider.sg
Maltese govt refuses immunity request in murder probe
The Maltese government has turned down a request from one of the island's richest men on for immunity in return for his cooperation in the investigation into a journalist's murder, after freeing a top official he was said to implicate.
Hallmarking to be mandatory for gold jewellery from 2021: Paswan
The department of consumer affairs will issue a notification by January 15, 2020, for making gold hallmarking mandatory.
Will Smith posted a video of an actual turkey blocking his car on the highway on Thanksgiving: 'My dude, get out the street!', Business Insider - Business Insider Singapore
Business Insider - "It definitely must be Thanksgiving when you got a damn turkey in the road," Smith says as he approaches the bird on the freeway.. Read more at businessinsider.sg
Most SE Asian stocks slip as Sino-US tensions over Hong Kong continue to weigh
(Nov 29): Most Southeast Asian markets dropped on Friday, hurt by worries that a US law backing protesters in Chinese-ruled Hong Kong could disrupt ongoing trade negotiations, as the two countries try to strike a deal to diffuse a 16-month long trade war.All eyes were trained on China, which on Thursday warned of retaliation after US President Donald Trump signed legislation that, among other things, threatened sanctions for human rights violations in Hong Kong."Market will continue to wait for
Thai court fines Philip Morris $39.7 million for tax evasion
BANGKOK (AP) - A court in Thailand on Friday found the local unit of tobacco giant Philip Morris guilty of evading taxes by under-declaring the value of cigarettes it imported from the Philippines. It ordered the company to pay a fine of 1.2 billion baht ($39.7 million).
Pakistan keen to further enhance its brotherly ties with Oman: President
ISLAMABAD, Pakistan: President Dr Arif Alvi has said that Pakistan attaches great importance to its fraternal relations with Oman, and is keen to further enhance these brotherly relations in all spheres. Talking to the Ambassador-designate of Pakistan to Oman K.K. Ahsan Wagan at the Aiwan-e-Sadr in Islamabad on Friday, Dr Arif Alvi however said that the current volume of bilateral trade between Pakistan and Oman does not commensurate to the true potential. The president said that Pakistan has the potential of exporting food items, construction materials, leather and surgical goods to Oman. In this regard, he said that the ambassador-designate should endeavor to promote our economic and commercial interests in Oman and utilize existing institutional mechanisms. President Arif Alvi highlighted that the presence of Pakistani community in Oman is a living bridge between the two Countries. He said that we take pride that the Pakistani community has been making valuable contribution to the development of Oman.
RBI begins bankruptcy proceedings against DHFL, sends stressed NBFC to NCLT
DHFL, once one of India's top shadow lenders, owes its creditors - which include mutual funds, banks, pension funds, insurance firms and retail investors - close to Rs 1 trillion
Is inheritance in my bank account covered by the state guarantee? Liam Croke lets you know
Q: Liam, I received an inheritance from my late mother’s estate and the amount is significant. It’s going to be deposited into my account and I’m not sure what I’m going to do ...
Trenchcoats and rockets: Kim supervises North Korea weapons test
North Korea's leader Kim Jong Un supervised Thursday's test of what it called a "super-large multiple launch rocket system", Pyongyang's state ...
Air Serbia to launch flights from Istanbul Airport in December
Air Serbia has decided to resume flights from Istanbul on Dec. 11 after nearly a two-year break since March 14, 2017. According to a statement released...
US, India have made exploratory requests for greater market access: Piyush Goyal
“Regular consultations with the concerned line ministries / departments and other stakeholders bodies is a part of the ongoing discussions,” he said in a written reply to a question on bilateral trade negotiations with the US in Rajya Sabha. The minister said that trade related issues are discussed as a part of any ongoing economic relationship.
Govt on track to make India $5 trillion economy by 2024: P K Misra
Describing the country's economic fundamentals as strong, Mishra said the annual average GDP growth of 7.5 per cent during 2014-2019 was the highest since independence
Almost Half of EU States Give No-Go to New Rule Requiring Tech Giants to Reveal Real Incomes & Taxes
The proposed directive was worked out to shed light on how big businesses, like Apple, Google, or Facebook to name a few, get around tax legislation by formally shifting their income from greater-tax nations such as the UK and France to lower-tax jurisdictions like Malta, Ireland, or Luxembourg.
Ibrahim Abdul Majid appointed as new CEO of Boustead Plantations
KUALA LUMPUR (Nov 29): Boustead Plantations Bhd today announced the appointment of Ibrahim Abdul Majid as its new chief executive officer (CEO), effective Dec 1.Ibrahim, 60, will take over from Mohamad Azlan Jaafar, who is standing in as acting CEO and will resume his responsibilities as deputy CEO.In a statement today, the group said Ibrahim has an extensive career in the palm oil industry, bringing with him 40 years of experience.He started his career with Sime Darby in 1979
How do economists predict GDP figures? These indicators help
GDP Q2: One of the reasons why economists are fairly sure about the outcome of the GDP estimates is that key components of the GDP have not been showing positive trends
The dark side of Black Friday: Counting the real cost of deals and bargains
It's great for consumers, but Planet Earth and High Street businesses could pay a heavy toll for our greed.
HSBC and Santander customers to get £8m in refunds over overdraft breaches
'We are very sorry that some customers in certain circumstances were not sent the required overdraft alerts'
Amazon workers strike on ‘Black Friday’
Hundreds of Amazon workers in Germany walked off the job as the US online retailer kicked off its "Black Friday" sales bonanza, escalating a long-simmering battle for better pay and working conditions.
Juncker: The Blocking of Negotiations with Northern Macedonia and Albania Is Shameful
Jean-Claude Juncker, the head of the European Commission, wrote a daily editorial on Politico on his last business day, according to BGNES. In it, Juncker takes a backward glance at the weaknesses and successes of his five-year term as head of the European executive branch.
Tenants want better in Auckland metropolitan office market
Colliers International Research’s latest annual review of the Auckland metropolitan office market shows a busy year of activity with ongoing occupier demand for higher quality spaces leading to the construction of new buildings and refurbishment of existing premises.
Retailer Quiz to update ahead of festive sales period
Glasgow-based fast fashion chain Quiz will update on current trading ahead of the key festive period when it reports interim figures next week.
China seeks greater LNG cooperation with Qatar: Ambassador
China, the world’s largest LNG consumer, is seeking to expand its LNG cooperation with Qatar, the world’s largest LNG producer, which has just recently announced its plans to further increase its LNG production capacity by 64 percent to 126 million tonnes per annum (mtpa) from the current 77mtpa by 2027.
Why Bailouts Are The Solution For Companies That Are Too Big To Fail
Ideal regulators may reduce the necessity of a bailout; but they may still be required in times of extreme duress.
Johnson concedes only 31,000 new nurses will be recruited under Tory plans
The PM also said he would ‘walk out’ of trade talks with the US if it wanted the NHS to be on the table.
Daily Mail owner buys rival the i for nearly £50m
Daily Mail and General Trust chairman Lord Rothermere said the publication was ‘highly respected’ and generating plenty of cash.
AGR dues: Bharti Airtel to seek board nod for raising funds on December 4
The fund raising proposal follows the Supreme Court judgement on adjusted gross revenue
Air quality improves in Delhi, light rains predicted
The Air Quality Index stood at 79 on Friday
Future of big name Burton store in the balance
It could be saved by another high street name
Flughafen Zürich AG wins bid for new airport near New Delhi
LUCKNOW, India — An Indian official says Flughafen Zürich AG has been selected to design, develop and operate a new airport near the Indian capital after outbidding Indian companies. A spokesman for the Uttar Pradesh state government, Mritunjay Kumar, says state authorities have acquired 5,100 acres (2,063 hectares) of land and obtained environmental clearance for …
Thai court fines Philip Morris $39.7 million for tax evasion
BANGKOK (AP) - A court in Thailand on Friday found the local unit of tobacco giant Philip Morris guilty of evading taxes by under-declaring the value of cigarettes it imported from the Philippines. It ordered the company to pay a fine of 1.2 billion baht ($39.7 million).
Eurozone inflation jumps more than expected in November – ING
The increase in both headline and core inflation was driven by strong growth in services prices. Still, don't assume this has implications for the Eur
Missing person found in Panmure
The 60-year-old man reported missing in Panmure has since been found safe and well.
Market Wrap, Nov 29: Sensex tanks 336 points, Nifty closes at 12,056
During the day, the index hit a low of 40,664.18 levels. Reliance Industries, ICICI Bank, Hindustan Unilever, and State Bank of India contributed the most to the index's fall
Johnson concedes only 31,000 new nurses will be recruited under Tory plans
The PM also said he would ‘walk out’ of trade talks with the US if it wanted the NHS to be on the table.
Reprieve For Customers As Co-op Bank Scraps Balance Enquiry Charges
The Co-operative Bank has announced that it is scrapping all balance inquiry charges to its customers.In a statement posted on it social media pages, Co-op Bank said the move was as a result of cu
Fired Zimbabwe state doctors reject offer to return to work
Zimbabwe state doctors who were fired for going on strike have rejected a government offer to return to work, their union said on Friday. President Emmerson Mnangagwa's government, which responded to the job boycott by firing 448 doctors and pursuing disciplinary action against more than 1,000 others
Eight core sector industries shrink 5.8% in October
Electricity generation declined by 12.4 per cent in October, 2019 over October, 2018. Its cumulative index increased by 1.5 per cent during April to October, 2019-20 over the corresponding period of previous year
Scottish Natural Heritage apologises for killing hundreds of trees
More than 300 beech trees were deliberately poisoned by the organisation on an island in Loch Lomond.
Three fatalities on Mayo roads so far this year
THREE deaths have occurred as a result of accidents on Mayo roads so far this year.
Slowdown impact? Core sector output shrinks 5.8% in October
As many as six of eight core industries saw a contraction in output in October
Evolution Mining's Red Lake Mine Acquisition - A Bet On Exploration Success
Newmont Goldcorp will sell the Red Lake mine to Evolution Mining for $375 million, plus contingency payments of up to $100 million.Evolution will invest $100 million to improve the mine operations and
Vodacom dismisses CEO departure talk
Vodacom Group denied reports CEO Shameel Joosub (pictured) was heading for the door, but revealed ...
One-pot chicken with dates and caramelised lemon recipe
Chicken that is both nearly-fall-apart tender and deeply golden brown.
Centre to come out with permanent solution to stubble burning: MoS Agriculture
"A meeting was chaired by the ICAR (Indian Council of Agricultural Research) secretary. A committee has been formed to formulate a new scheme" for a long-term permanent solution to stubble buring by farmers, he said. The MoS said that the new committee will come out with a new scheme within one or two months.
RCom shares hit upper circuit for sixth time; gain over 42 per cent in nine sessions
On the BSE, the stock settled 3.85 per cent up at 81 paise. The stock has gained over 42 per cent in nine trading sessions.
Black Friday 2019 Shoppers Stay Away From Stores, Spend Online, Analysts Say
Early discounts saw a dip in the numbers lining up at stores across the country, according to consultants.
3 Dividend Stocks Ideal for Retirees
Utility stocks don't often make the business-news headlines, but that doesn't mean they're can't be great fits for income-focused retirees' portfolios.
Lonely and hungry
We’re reminded every year how many Canadians are left behind in our society, without enough food. Hunger Count 2019 has just been released.
Costco extends its Thanksgiving day promotions after its website crashes for several hours, preventing furious customers from shopping the deals, Business Insider - Business Insider Singapore
Business Insider - "I just want to spend my money on your site... why is it so hard?" one Costco shopper wrote on Twitter on Thursday.. Read more at businessinsider.sg
Ram temple will bring peace, foster brotherhood: Sri Sri Ravi Shankar
Asked how he envisages the proposed Ram temple to be, Ravi Shankar said, "Which will bring peace in the country and establish brotherhood between both the communities. Work has started towards the realisation of the dream the country harboured for a long time of having a grand Ram temple."
Daily Mail owner buys rival the i for nearly £50m
Daily Mail and General Trust chairman Lord Rothermere said the publication was ‘highly respected’ and generating plenty of cash.
Sensex tumbles 336 points ahead of GDP data
Yes Bank was the top loser in the Sensex pack, shedding 2.50 per cent, followed by HUL that fell 2.37 per cent, M&M 2.12 per cent, SBI 2.03 per cent, Tata Motors 2.03 per cent and Vedanta 1.97 per cent.
Daimler to cut 'thousands' of jobs by 2022 to fund electric vehicle shift
"Daimler aims to cut thousands of jobs worldwide by the end of 2022," the Mercedes-Benz maker said in a statement, adding that it intended to save 1.4 billion euros ($1.5 billion) in staff costs
Fiscal deficit for April-Oct at 102.4%, crosses full year target
The revenue gap for the April-October period stood at Rs 5.46 lk cr showing the weakness in tax collection.
Costco extends its Thanksgiving day promotions after its website crashes for more than 24-hours, preventing furious customers from shopping the deals
Costco is extending its Thanksgiving day online promotions to customers in the US after its website crashed for more than 24 hours and shoppers were unable to shop the sales.
Amazon workers strike on ‘Black Friday’
Hundreds of Amazon workers in Germany walked off the job as the US online retailer kicked off its "Black Friday" sales bonanza, escalating a long-simmering battle for better pay and working conditi...
FM's remarks on economy disappointing in extreme: Yashwant Sinha
Yashwant Sinha said the root cause of the current economic crisis is "death of demand" in the country. He alleged that the government ignored the agriculture distress in the country. Sinha also raised questions over the data for calculating GDP numbers. He added that companies after companies are facing bankruptcy and the govt has stated that it would have to close Air India.
UK online supermarket Ocado strikes AI deal in Japan
UK online supermarket Ocado is venturing further outside its main market, announcing Friday a deal to provide artificial intelligence (AI) capabilities to Japanese retail giant Aeon.
Amazon workers in Germany stage strike on Black Friday
Workers at Amazon distribution centres in Germany have gone on strike for better pay on Black Friday, one of the busiest days of the year for the online retailer.
HDFC MF front-running case: Sebi slaps Rs 8.7 mn fine on 7 firms
In its latest order passed on Thursday, Sebi noted that the entities have disgorged the ill-gotten profits made by them along with interest in compliance with disgorgement orders
Google and Netflix know the power of improv in the workplace. This is how to make it work for you
Making up a play, skit or song on the spot is a useful skill for the stage. But it can also help you in the workplace.
Costco extends its Thanksgiving Day promotions after its website crashed for several hours, preventing furious customers from shopping the deals
"I just want to spend my money on your site... why is it so hard?" one person wrote to Costco on Twitter on Thursday.
‘Steel output target of 300 mt is challenging amid issues over raw material availability’
The Indian steel industry will be able to achieve its crude steel production target of 300 million tonnes (mt) by 2030 only if the issues surrounding raw material availability are addressed. The st
DOC scraps plan to expand Lake Ianthe campsite
The Department of Conservation has scrapped plans to expand its campsite at Lake Ianthe/Matahi, in Westland after strong objections from conservation groups and locals.
The $500 KitchenAid Stand Mixer of your dreams is down to $240, but it’ll sell out fast
You know how you can’t help but feel a little jealous when you go to someone’s house and they have that gorgeous professional-grade KitchenAid mixer out on a counter. Well, now it’…
India quarterly growth falls to worst level in six years
MUMBAI, Nov 29 — India’s economy grew at its slowest pace in more than six years in the July-September period, down to 4.5 per cent from 7.0 per cent a year ago, according to government figures released today that piled more pressure on Prime Minister Narendra Modi. The expansion in Asia’s...
Thousands of people across Europe are protesting and striking against Amazon on Black Friday, Business Insider - Business Insider Singapore
Business Insider - In Germany employees went on strike, and in some warehouses do not plan to return to work until after Cyber Monday.. Read more at businessinsider.sg
CrowdOwnership: LandWey launches online investment platform for real estate co-ownership
In a bid to create a profitable, vibrant and viable entry into real estate investment by pooling intending real estate investors together to collectively...
Exclusive: Mexico's Pemex fights in court to suspend clean diesel rule - documents
Mexico's state-run oil company Pemex has been fighting for almost a year in court to suspend a rule issued by the previous government, requiring ...
Bouquets and brickbats for govt.as it completes 6 months in office
Several decisions guided by poll manifesto; sand policy, review of PPAs draw flak from various quarters
Herbs and hotels: The small businesses helping revive rural Portugal
PORTO, Nov 29 — After Bruno Vargas and his wife had their first baby, they wanted a quieter life. So, they left their home in Angola and returned to his native region in Portugal’s rural interior to set up an organic herbs company. The remote Santarem district of central Portugal is known for...
US stocks retreat from records on greater trade tension
WEST NEW YORK, Nov 29 — Wall Street stocks retreated from records early today on revived worries about US-China trade talks as retailer shares were mixed on the official start of the holiday shopping season. Analysts pointed to increased US-China trade friction as Beijing threatened unspecified...
The Liveris Formula: Dow’s Inclusive Capitalism
Parasites have a certain weight in history. Donors to a system, a state, a company, always claim to be giving back what they advertise as their hard earned cash. Andrew N. Liveris is one such character. Former CEO of the Dow Chemical corporation, he is a face associated with a company that was responsible for manufacturing the defoliating Agent Orange and napalm.
6 signs you probably need a financial adviser, even if you think you don't
If you don't have someone managing your money and you don't know how to do it yourself, it's harder to reach long-term goals like retirement.
India announces $400 mln loan for Sri Lanka, in support of new president
India will lend Sri Lanka $400 million for infrastructure projects, Prime Minister Narendra Modi said on Friday after talks with the island nation's new President Gotabaya Rajapaksa aimed at improving bilateral ties.
Attention Traders! Win $25K by showing off your trading talent with our newest asset - Algo!
We’re excited to introduce Algorand's native token, Algo, to PIT traders by launching a trading contest. The more you trade, the more you could win!
Govt not taking appropriate measures to tackle onion crisis: Congress
In a press conference here, the party's Rajya Sabha member Amee Yajnik said the government has "failed utterly" in handling the matter
Explainer: What's at stake in Macron's reform of France's cherished pensions?
PARIS (Reuters) - France is bracing for nationwide public sector strikes on Dec. 5 against President Emmanuel Macron’s drive to overhaul the country’s unwieldy and costly pension system.
OYO's valuation continues to soar despite losses; hovers near $10-bn mark
The losses have reportedly mounted due to the rise in operating expenses fuelled by the company's aggressive expansion in overseas markets
Airbus considering production of hybrid airplane by 2035
HAMBURG (Reuters) - Airbus (AIR.PA) (AIRG.DE) is considering producing a hybrid plane by 2035 as it strives for a low emission aircraft, its chief executive said.
Europe to consider law on climate neutrality by March
BRUSSELS (Reuters) - The European Union executive will propose by March 2020 a new climate law to turn the bloc neutral in terms of carbon dioxide emissions by 2050 and help lead the struggle against global warming, a draft showed on Friday.
FRSC criticises lane indiscipline by drivers - The Nation Newspaper
The Federal Road Safety Corps (FRSC) in Ebonyi has criticised the practice of lane indiscipline which it described as common among drivers in Ebonyi...
SEBI to decide on interim relief to Karvy by Monday: SAT
The Securities and Appellate Tribunal (SAT) has asked SEBI to decide on giving interim relief to Karvy Stock Broking by Monday. SAT has asked SEBI to consider allowing Karvy limited use of power of at
Germany's Daimler to cut at least 10,000 jobs over 3 years
BERLIN (AP) - German automaker Daimler said Friday that it plans to cut at least 10,000 jobs worldwide by the end of 2022. It plans not to fill some vacant posts and to offer severance packages in Germany to reduce administrative jobs.
Construction of Ajaokuta gas pipeline to begin soon – Buhari
President Muhammadu Buhari said on Friday work would soon commence on the construction of the 600-kilometre Ajaokuta-Kaduna-Kano gas pipeline
Europe: Banks May Hold and Sell Bitcoin Starting From 2020
According to a new bill on the Fourth Money Laundering Directive drafted by the European Union (EU), banks could be authorized to offer digital assets services including storage for customers. Germany would likely be the first nation to adopt the proposal. According to a German news report published on November 27, 2019, the amendment would come into force as early as 2020.
We have lost a great leader – Ramaphosa on King Sigcawu
President Cyril Ramaphosa has bid farewell to King Mpendulo Zwelonke Sigcawu during his funeral on Friday at the Nqadu Royal Palace near Willowvale in the Eastern Cape.
Government Extends Mandatory FASTag Roll Out Date To Dec. 15
Over 70 lakh FASTags had been issued till Wednesday, with the highest per-day issuance of 1,35,583 tags on Nov. 26.
Eni and Government inaugurates “Okuafo Pa” Agric training Centre
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Inheritance should be a windfall, not part of retirement plan, experts say
'The difficulty with inheritance is: you don't know at that point in time what's going to happen,' said Tony Maiorino, head at RBC Wealth Management Services
MTAA Super and Tasplan to merge in a $23 billion superannuation deal
The industry superannuation sector will see the arrival of a $23 billion giant with the merger of MTAA Super and Tasplan Super from October 1 2020.
Extinction Rebellion targets Black Friday
Protest draws a crowd outside the JSE
Nordstrom's Black Friday Sale Will Distract You From Family Drama
When does that direct deposit drop again? Asking for a friend...
North Vancouver’s 1960s Capilano Mall plans for redevelopment
The managers of Capilano Mall are planning for redevelopment of the 1960s-era mall.
GDP at 4.5%: What is recession?
Q2 GDP: Recession, simply put, is when an economy starts to decline in value. It means that the country is producing and earning less than what it did before
GAIL Gas launches payment options for PNG connections in Mangaluru
GAIL Gas Ltd, which has been authorised to implement City Gas Distribution (CGD) project in Dakshina Kannada district, has introduced three payment options for getting domestic PNG (piped natural gas)
Scottish meat doesn’t cost the Earth
Find out why Scotland’s weather and landscape is perfect for cattle and sheep.
Russia removes restrictions on two Brazilian beef plants - regulator
MOSCOW — Russia’s agriculture safety watchdog said on Friday it removed temporary restrictions on beef supplies to Russia from two plants in Brazil starting from Nov.
Coinbase Denies Report of $150M Acquisition of Tagomi Brokerage Firm
Coinbase has denied reports that it acquired digital currency brokerage firm Tagomi for $150 million.
FG’s 10 million jobs target achievable — Fashola
The Minister of Works and Housing, Mr Babatunde Raji Fashola, has said the ministry would play a vital role in helping the administration to...
Judge: 'Daft' that gardaí spent €280 to mop up prisoner's urine
A judge has described as 'daft' gardaí paying specialist cleaners €280 to clean up a mess caused by a man in custody when he urinated on a cell door and floor at Ennis Garda Station.
Buffett outbid by private equity in Berkshire's big deal hunt
Warren Buffett has frequently touted his Berkshire Hathaway Inc. as a home for businesses away from what he said was the debt-fueled, quick-turnover appetite of private equity firms. But the Berkshire name wasn’t enough for Tech Data Corp.
As Juncker bids farewell, new EU executive begins with scrutiny over Luxembourg tax
BRUSSELS (Reuters) - Officials from the new European Commission will discuss an International Monetary Fund study that lists Luxembourg as a world-leading tax haven just days after the former leader of the Grand Duchy departs the EU executive’s helm.
Jio likely to bag Reliance Infra's tower, optical fibre for Rs 3,600 cr
Bharti Airtel has placed a bid of around Rs 1,800 crore for the same, according to the sources
The big news: GDP growth touches six-year low, industrial output contracts, and 9 other top stories
Other headlines: A Telangana minister asked why a vet did not call the police in her last moments, and Uddhav Thackeray halted a metro car shed project.
Niall McGarry steps down as Irish chief of Maximum Media
Founder of Maximum Media, Niall McGarry has stepped down from his executive role within the Irish branch of the company over controversies
Government is on its last legs, says BNP's Mirza Fakhrul
BNP leader Mirza Fakhrul Islam Alamgir believes the end is near for the ruling Awami League government.
High-level visits, new projects to promote Turkish-Hungarian relations further
Enhancing their relations to a strategic level in 2013, Ankara and Budapest have greatly developed bilateral ties and initiated many projects, the Hungarian ambassador to Ankara said
Tracking David Abrams' Abrams Capital Management Portfolio - Q3 2019 Update
David Abrams' 13F portfolio value decreased this quarter from $3.68B to $3.57B. The number of positions increased from 19 to 20.Abrams Capital Management added Altaba while increasing Teva Pharmaceuti
Official cancels gift settlement given by parents
Sivakasi Sivakasi Sub-Collector C. Dinesh Kumar on Thursday cancelled a gift settlement given by parents to four of their children for not taking care of them. The Sub-Collector who also heads the Rev
Economy set to grow at much faster pace: P. K. Mishra
Mr. Mishra, however, acknowledged that in recent months India had witnessed a slowdown in growth.
Coinbase Denies Reports on Takeover of Prime Broker Tagomi
Coinbase has acquired Tagomi, a US-based prime broker that specializes in trade execution and digital asset markets for $150 million
Renault-Nissan-Mitsubishi to appoint General Secretary for alliance
Renault-Nissan-Mitsubishi said on Friday that in coming days it planned to appoint a General Secretary for the alliance in a bid to boost ...
Forex reserve hits fresh record high of $449 billion
In the previous week, the reserves had increased by $441 million to reach $448.249 billion.
Minister introduces legislation to extend minimum expiry period of gift vouchers
Minister for Business, Enterprise and Innovation Heather Humphreys is to bring in new rules around the sale and use of gift vouchers to improve consumer rights in the area.
BMW, Great Wall to build new China plant for electric cars
BMW and its partner Great Wall Motor said they plan to build a plant in China with a capacity of 160,000 cars per year, and which will produce ...
Govt. orders land acquisition for last leg of river linking project
TIRUNELVELIThe Tamil Nadu Government, which is keen on commissioning the Tamirabharani – Karumaeniyar – Nambiyar linking project by December 2020, has released the government order for acquiring lands
Timeline: Twists and turns in Mediaset vs Vivendi TV drama
(Reuters) - Italian broadcaster Mediaset (MS.MI) and shareholder Vivendi (VIV.PA) were negotiating on Friday to find a way to end a three-year legal battle after all-night talks failed to produce a breakthrough, sources said.
Canada: GDP masks sharp improvement in Canadian business investment for Q3 – TDS
Commenting on Friday's Gross Domestic Report from Canada, "GDP growth was in line with market expectations, with the Canadian economy growing 1.3% (an
Warren Buffett gets outbid by private equity amid Berkshire's 'elephant-sized' deal hunt
While Buffett is still on the prowl, he may not be willing to outbid private equity firms flush with money
Mayo firm a winner in InterTradeIreland Seedcorn competition
A MAYO firm was one of the main winners at the prestigious InterTradeIreland Seedcorn Investor Readiness Competition final, held at the Guinness Storehouse in Dublin.
Renault and Nissan Try a New Way After Years When Carlos Ghosn Ruled
The automakers want to strengthen their alliance with more decisions built on consensus.
Hawaii could have more than 10M annual visitors for 1st time
Tourism officials say Hawaii is on track to have more than 10 million visitors in one year for the first time in the state’s history.
Ukraine boasts record high grain harvest at 74.3 mln tonnes as of Nov 28
By the end of November, farmers threshed 0.3 million tonnes more than forecasted this year.
Dr Macharia Irungu appointed new Kenya Pipeline Corporation MD
Former Gulf Africa Petroleum Corporation CEO Dr. Macharia Irungu has been appointed the new Kenya Pipeline Managing Director.
Forex kitty continues to move up, closes in $449 billion mark
India Business News: Foreign exchange reserves continued the upward move, gaining by a modest $347 million to touch a new high of $448.6 billion in the week to November 22
Spurt in wheat sowing pushes rabi area to 338 lakh hectares
Pulses acreage falls with dip in area under gram cultivation
Block Friday: French activists try to disrupt discount shopping day
PARIS (Reuters) - Activists staged protests against online retailer Amazon around France on Friday and tried to blockade a shopping mall in Paris, denouncing as rampant consumerism the U.S. Black Friday shopping frenzy that has spread to European shores.
Germany's Daimler to cut at least 10,000 jobs over 3 years
BERLIN (AP) - German automaker Daimler said Friday that it plans to cut at least 10,000 jobs worldwide by the end of 2022. It plans not to fill some vacant posts and to offer severance packages in Germany to reduce administrative jobs.
Dangote Sugar Refinery: Revenue recovers but cost pressures remain
Dangote Sugar in its recently released 9M 2019 financials reported a marginal y/y growth in revenue to N117.4 billion in 9M 2019.
Swedish brand H&M tests clothing rental service
Hennes & Mauritz AB is testing out a clothing rental service as the fashion industry faces mounting criticism for waste and pollution. Consumers can rent garments for 350 kronor ($37) a week i
Former Syrian astronaut set for Turkish citizenship
After fleeing a civil war in his country of birth, the world's first Syrian astronaut is close to becoming a Turkish citizen, Muhammed Ahmed Faris told...
GRAINS-Chicago soybean prices slip as U.S.-China tensions grow
* U.S.-China talks shift to Shanghai this week* Wheat underpinned by declining outlook for Russia's crop* No deliveries against CBOT December wheat or corn contracts (Recasts with U.S. trading, adds quotes, updates prices, changes dateline from LONDON)By P.J. HuffstutterCHICAGO, Nov 29 (Reuters) - Chicago soybean futures slipped on Friday with the market closely watching for updates on U.S.-China trade talks, and traders less than impressed with a jump in recent soybean export sales between the two countries.
Biz EOD: GDP growth slows down to 4.5%; RBI may cut repo rate; Fiscal deficit of 3.9% realistic, says Uday Kotak
Catch the top stories from the world of business and economy with BusinessToday.In's end of day (EOD) report
German Amazon workers strike on 'Black Friday'
More than 2,000 Amazon workers in Germany walked off the job as the US online retailer kicked off its
Black Friday 'ruined' by NatWest banking outage, customers complain, after it leaves them unable to access accounts
Black Friday was "ruined" by a Natwest banking outage, customers have complained after being unable to access their bank accounts.
Agriculture Q2 growth shows marginal recovery at 2.1%; farmer incomes dip
Most rabi crops, including wheat, mustard and chana, were selling at 10% to 37% below the MSP in the first few months after their harvest
Npower Reveals Reason It Is Axing Up To 4,500 Jobs Under Closure Plan
The new owner of energy firm, Npower says it is cutting up to 4,500 United Kingdom (UK) jobs as part of a plan to make it more profitable.
Winter to be warmer, probability of above-normal temp in cold zones: IMD
The IMD has been issuing seasonal forecast for winter since 2016, and every forecast has predicted a warmer winter
Ontario court dismisses Subway's lawsuit against CBC over chicken report
An Ontario court has dismissed a lawsuit filed by Subway against the CBC over a report on the content of its chicken sandwiches, but says legal action again
Forecast: Breezy trade winds with more showers over the weekend
High pressure will build north of the state during the next couple days, increasing the trade winds to breezy and locally windy levels over the weekend.
Fisher Funds takes gong for Fund Manager of the Year
Fisher Funds was crowned overall Good Returns Fund Manager of the Year at the inaugural Good Returns Research IP awards ceremony, held last night in Auckland.
FinMin's claim of slowdown having bottomed out has analysts divided
Some analysts point to raw data available for the festive season and say any meaningful recovery is still to come
B.C. home sales continue to climb, hitting highest activity level in nearly two years
B.C. home sales remained on an upswing in October with MLS sales up 1.3% from September and 16% year-over-year.
Stock markets tread water as all quiet on trade war front
LONDON, Nov 29 — Stock traders found little to get the pulse racing today as the trade war front was eerily quiet and Thanksgiving sapped global trading volumes. “It’s been quite the forgettable week and I don’t think today is going to be any more memorable,” said Craig Erlam, Senior...
Block Friday: French activists try to disrupt discount shopping day
PARIS (Reuters) - Activists staged protests against online retailer Amazon around France on Friday and tried to blockade a shopping mall in Paris, denouncing as rampant consumerism the U.S. Black Friday shopping frenzy that has spread to European shores.
NATO moves towards spending goal sought by Trump, Spain lags
BRUSSELS (Reuters) - More European allies in NATO are set to meet a defense spending target sought by the United States in 2019, with sharp rises in Romania and Bulgaria, NATO Secretary-General Jens Stoltenberg said on Friday, but Belgium and Spain will continue to lag.
Thousands of people across Europe are protesting and striking against Amazon on Black Friday
Amazon workers and activists across the UK, Germany, France, and Spain are protesting working conditions at the retail giant’s warehouses with demonstrations and strikes on Black Friday, one of the busiest shopping days of the year.
Judge will decide on Vivendi request to suspend Mediaset's European plan: source
MILAN (Reuters) - An Italian judge will decide on Vivendi’s (VIV.PA) request to suspend Mediaset’s (MS.MI) pan-European project, as she took note that the two groups failed to settle their long-running dispute, a legal source said on Friday.
GDP Growth Rate: Deeply Worrying, Says Manmohan Singh; Will Pick up From Next Quarter, Claims Ministry
Many industrialists tell me that they live in an atmosphere of fear in our society today, former PM Manmohan Singh said denouncing Centre's economic policies
'This is why the capital is being moved': Jokowi says after getting stuck in Jakarta's gridlock
The moment the President’s convoy got stuck on Jl. Prof. Dr. Satrio in Kuningan, South Jakarta, went viral on social media on Thursday.
After five-month road test, B30 implementation gets green light
The vehicles in the test showed “relatively similar” performance in power, emissions and fuel consumption compared to when run using B20 biodiesel.
TS man back home after 3-year Gulf ordeal
40-year-old from Nizamabad spent three months in jail for overstaying in Saudi Arabia
Berlin airport to open in 2020 after nine-year delay
Berlin's new international airport is set to open on October 31, 2020, its operating company said Friday, after an embarrassing nine-year delay owing to structural problems and corruption. "The BER will open on 31.10.2020," Flughafen Berlin Brandenburg (FBB) said on Twitter, using the
Canadian Valeura reports positively on Devepınar-1 well in Thrace
The first gas production test from the Devepınar-1 well in the Thrace region has successfully flowed gas from the depths of between 4,640 and 4,775 meters...
Huawei to challenge FCC decision on government subsidy program - WSJ
Huawei Technologies has decided to challenge a U.S. Federal Communications Commission (FCC) decision barring U.S. rural carrier customers from ...
An efficient cold chain can make farm sector remunerative: expert
‘A weather data book is being prepared for 170 cities’
Plans to increase market for agri produce from Telangana
State to explore new methods for marketing its farm produce
Premier League says David Pemsel has resigned before starting his job as chief executive
LONDON (AP) - Premier League says David Pemsel has resigned before starting his job as chief executive.
If You're a Solo Entrepreneur in a Blue State, Get Politically Aware Right Now to Save Your Business
The problem isn't unions and employee status so much as it is a rush that might not make distinctions.
Green is the new black! Kilkenny launches shop local Green Friday Campaign
Say goodbye to Black Friday and hello to Green Friday by buying Irish brands and products on November 29, urges a leading Irish retailer. Green Friday is an initiative led by Marian O’Gorman of ...
Survey: AMD CPUs preferred by 60% of Europeans
When asked about the next desktop processor they intended to buy, the 10,000 respondents who take part in the survey expressed a preference for AMD, with 60 percent choosing the company over Intel.
Govt extends deadline for mandatory FASTags by two weeks to December 15
The government extended the deadline for making FASTag mandatory for toll payments on national highways to December 15 .
GDP data: All three engines driving economic growth are stalling
While the concerted decline in economic drivers calls for multi-pronged efforts to arrest it, stimulus measures so far have focussed mainly on an investment revival
OGRA recommends slight reduction in petrol price
Suggests cut of Rs2.4 per litre in price of diesel