Economy 1155
Households saved Rs 11K per year due to increasing affordability of thalis: Survey
Eco Survey finds that cost of vegetarian thali reduced significantly since 2015-16 though the price rose in 2019.
Norton Motorcycles faces financial trouble
Last-minute attempts to save the Norton appear to have failed as the brand has failed to secure the backing it needs to continue trading. Click for more.
Cuts in India’s education budget have meant fewer scholarships for students from marginalised groups
In charts: An analysis of pre-matric and post-matric scholarships disbursed from 2015-’16 and 2019-’20.
Economic Survey sets the tone for Budget 2020
The Survey's theme is 'Wealth Creation'
Bitfinex Adds Tether Gold Margin Trading with 5x Leverage
Bitfinex, one of the top global crypto exchanges, has added margin trading support for bullion-backed stablecoin Tether Gold (XAU₮).
The French fishermen who could sink Britain's post-Brexit ambitions
BOULOGNE-SUR-MER, France (Reuters) - For the British government, a successful Brexit means re-asserting economic sovereignty and landing a trade deal with Europe. Trawler captain Stephane Fait and his fellow French fisherman could sink that plan.
Govt spend on social services up by 1.5% in six years: Eco Survey
According to the Survey, as a proportion of gross domestic product (GDP), the expenditure on social services has registered an increase of 1.5 percentage points during the period 2014-15 to 2019-20 from 6.2% to 7.7%, it said.
Fire crew shelters from Orroral Valley fire Gudgenby at historic homestead
A fire crew was taking shelter at the historic Gudgenby homestead in the path of the Orroral Valley fire last night.
Glasgow-based Smart Metering Systems to benefit from smart meter deadline extension
Glasgow-based Smart Metering Systems (SMS) said it now expected its work to be “more evenly spread” after the UK government pushed back the deadline for energy suppliers to install smart meters to 2024.
Ireland's Varadkar: Don't see how to separate fisheries from Brexit trade deal
Don't see how to separate fisheries from Brexit trade deal, the Irish PM Leo Varadkar reacted to the UK Cabinet minister Michael Gove's comments. It i
Assemble in India for world can raise export market by 6 per cent by 2030: Economic Survey
India must focus on a group of industries, referred to as “network products”, where production processes are globally fragmented and controlled by leading multi-national enterprises (MNEs) within thei
SSE on course despite slight lag in renewables
Energy giant SSE marked its first quarter out of the household energy sector by saying that it is on course to deliver on its earnings target for the year.
Mongolia closes border to China until March 2 to stop virus
ULAANBAATAR (Reuters) - Mongolia will close all ports of entry from and into China until March 2 to try to prevent the spread of the coronavirus epidemic, the government said on Friday.
Stock markets fall
Canada's main stock index posted a triple-digit decline in late-morning trading as the heavyweight financial, energy and industrial sectors moved lower.
Major Overhaul In External Affairs Ministry: New Verticals On Trade, Technology & Economy, Strategic Projects To Get More Attention
This is the first major overhaul in the ministry in nearly five decades.
Australia on standby for fire threat as heat, winds return
SYDNEY (Reuters) - Australian authorities warned on Friday of severe fire danger in densely populated areas this weekend, declaring a state of emergency in the capital, Canberra, as soaring temperatures and strong whipped up huge, unpredictable blazes.
SBI records 41 per cent jump in Q3 net profit at Rs 5,583 crore
The bank says this is the highest ever quarterly net profit recorded by it
Pound Sterling Powers into Month-End Against Euro and Dollar
The British Pound heads into month end with momentum owing to a decision by the Bank of England to keep interest rates unchanged
GDP Prints At 2.1%, But Strong Export Data Is Anomalous; Likely To Be Revised Downward
Most of the 2.1% print came from Net Exports (NEX), but the lead of that was a technical increase from IMPORTS (which normally REDUCE GDP) .NEX is the component of GDP that, historically, is most revi
Financial watchdog to investigate M&C Saatchi accounting scandal
The Financial Conduct Authority has launched an inquiry into the £11.6m accounting error revealed in December.
Asia shares try to rally after gut-wrenching week
Asian share markets were praying for a reprieve at the end of a punishing week as investors snatched at hopes the coronavirus could be contained, ...
Q4 GDP: A Quick First Look
Quarterly real GDP growth came in slightly hotter than I expected at 2.1%.The single-biggest mover was the total collapse in real imports, down 8.7%.Consumption is way down. Real core PCE growth was 2
Amazon sees sales hit €79.2bn as Prime memberships rise
The online retailer Amazon has reported a 21% increase in sales for the fourth quarter of last ye...
What If the Coronavirus and China's Quarantines Caused a Global Recession?
That would be bad.
Economic Survey 2020 forecasts India GDP growth at 6-6.5% for FY21
Economic Survey 2020: According to the survey, uncertainties, although declining, are still elevated due to protectionist tendencies of China and USA and rising USA-Iran geo-political tensions
Critical infrastructure: Enugu govt approves over N2.5bn
Governor Ifeanyi Ugwuanyi of Enugu State has approved the execution of development projects worth over N2.5 billion.
60 lakh informal workers, small traders enrolled under new pension schemes: President
Last year, the government launched Pradhan Mantri Shram Yogi Maan-dhan (PM-SYM) and Pradhan Mantri Laghu Vyapari Maan-dhan Yojana (PM-LVM) for providing assured minimum pension of Rs 3,000 per month.
Major developments for Cullompton and Tiverton go to consultation
Plans for 500 homes and Cullompton regeneration go to the public
India must follow China's growth model to create jobs, suggests Economic Survey 2020
Economic Survey 2019-20: India can create 4 crore well-paid jobs by 2025 and 8 crore by 2030 by integrating "Assemble in India for the world" into Make in India
Highlights of the day: TSMC, UMC maintain normal production in China despite outbreak, but IC design houses worried about business
Many Taiwan-based IT firms are feeling the heat from the coronavirus outbreak that is delaying their production from returning normal following Lunar New Year. But have revealed that their fabs in China have been running as usual. Despite the foundry houses' reassuring revelations, many Taiwanese ...
Narrabri farmers feel 'sold out' by federal-NSW energy deal that boosts gas supply
NSW environment minister insists government will not ‘cut corners’ in assessing Santos’s controversial coal-seam gas project at Narrabri
Amazon blows past a $1 trillion valuation after topping analysts' earnings expectations (AMZN)
Amazon shares soared as much as 11% in early Friday trading, driving the company's market valuation above $1 trillion for the first time since J...
US raises USD 7.6 billion in auction of 37, 39, 47 GHz bands for 5G
The US FCC announced it's completed the auction of the upper 37 GHz, 39 GHz and 47 GHz bands, which started on 10 December 2019. The auction of 5G spectrum attracted total bids of USD 7.56 billion, and bidders won 99.9 percent of the licences on offer.
Omnibus bill on job creation: Our last bus to demographic bonus
Something that President Jokowi could have emphasized again and again since he broached the omnibus bill plans in his Independence Day speech in August, is that these pieces of legislation are essential if Indonesia is going to cash in on the demographic dividend — a phenomenon that occurs when the size of the working-age population of between 14 and 65 years outnumbers dependents.
Buy local products for 'better tomorrow'; efforts on to make India $5 tn economy: Prez Kovind
President Ram Nath Kovind on Friday exhorted people to use locally manufactured products for a "better tomorrow" as he reiterated the government's commitment to make India a USD 5 trillion economy.
Wipro CEO Abidali Neemuchwala decides to step down
Neemuchwala has served as the CEO and MD of Wipro since February 2016. Prior to that, he was the CEO of the BPO division of Tata Consultancy Services Limited
Universities seek new markets after triple-blow
The UK's highly competitive visas for foreign students, along with the bushfires and coronavirus, threaten Australia's $38 billion higher education market.
Burlescombe produce market "overwhelmed" by optimism and support
The new monthly produce market got underway at Burlescombe and Westleigh Community Hall on Sunday, January 26
Wipro CEO and Managing Director Abidali Z Neemuchwala steps down
Neemuchwala cited ‘family commitments’ as the reason for his resignation.
Ginni Rometty to step down as IBM chief executive
Tech giant has struggled to grow as it moves into new fields like cloud computing and artificial intelligence
Crisil upgrades Jindal Steel's NCD ratings to positive on restart of plant
Upgrade reflects improvement in JSPL's business risk profile over medium term
India's GDP growth not overstated, says Economic Survey 2020
Economic Survey 2020 live: The Economic Survey 2019-20 cleared the air around "inflated GDP numbers". Here's what this exactly means for you
Transfer Deadline Day - the latest done deals and rumours
All the latest from the conclusion of the January transfer window.
Travellers make last-gasp bid to stay put at North Esk Park during crunch site visit
Travellers made a last-gasp plea to stay in an unauthorised Mearns encampment during a crunch visit to decide its fate.
Billionaire Lawrence Stroll takes stake in Aston Martin
Canadian billionaire Lawrence Stroll will take an up to 20 percent stake in Aston Martin for nearly 200 million pounds (US$$263 million) as the ailing carmaker raises funds after a sales drop put pressure on its finances, Reuters reports. Famed for being fictional secret agent James Bond’s car of choice, the 107-year-old company’s share price…
Economic Survey suggests widening scope of Make in India to create 4 crore jobs by 2025
This can be done by integrating “assemble in India for the world” into Make in India.
Coveney claims Brexit will 'dominate Irish politics' as UK prepares to leave the EU tonight
He also said there will be no discussions on a trade deal if there is not a ‘level playing field’.
Pvt sector to get 70% of upcoming space projects worth up to $1.6 bn: Isro
In the last 25 years, the space agency has launched more than 50 PSLV rockets, and wants to launch another 50 in the next five years
Tourism businesses urged to harness ‘fantastic’ potential of Arbroath 2020
Tourism businesses across Angus and Dundee are being encouraged to turn the “eyes of the world” on the area by harnessing the potential surrounding this year’s 700th anniversary of the Declaration of Arbroath.
Derry woman takes Irish citizenship battle to the US
A Derry woman who is challenging a court ruling, that she is a British citizen and not Irish, is taking her campaign to the United States claims this contravenes the Good Friday Agreement. Emma DeSouza is set to travel to Washington, New York, Philadelphia and Boston next week on a 10-day trip in a bid to highlight...
Big share sale target in FY21? AI, BPCL, CCRI plus some more
Dalal Street analysts expect disinvestment proceeds to touch Rs 50,000 crore in FY20.
Union Budget 2020: Govt Tables Economic Survey, Pegs Growth Rate at 6-6.5% For FY 2020-21
The growth rate for the current financial year, ending March 31, was 5%, the Economic Survey, prepared by Chief Economic Adviser (CEA) Arvind Subramanian said. The Survey added that the rate of inflation declined from 3.2% in April 2019 to 2.6% in December 2019.
Nova Scotia court says man's rights not violated when 'Grabher' plate revoked
HALIFAX — A Nova Scotia Supreme Court judge has dismissed a claim by a man who says the province infringed on his freedom of expression when it revoked a licence plate personalized with his surname —. . .
SBI Q3 result: Lender logs 41% YoY rise in profit at Rs 5,583 cr; NPAs dip
During the quarter under review, the bank's credit book grew 6.79% YoY to Rs 23.01 trillion, up from Rs 21.55 trillion. The retail loans have jumped 17.49% YoY, while corporate loans slipped 0.48%
Facebook to remove coronavirus misinformation after WHO declares global emergency
SAN FRANCISCO (Reuters) - Facebook Inc said on Thursday it will take down misinformation about China’s fast-spreading coronavirus in a rare departure from its approach to health content, after the World Health Organization declared the outbreak a global health emergency.
Airlines curb or cancel China flights
A number of airlines say they are halting or reducing flights to China as the country struggles to contain the spread of the deadly novel coronavirus.
Years of red ink before Sargon's downfall
The holding company of high-powered fintech superannuation group Sargon Capital lost nearly $25 in the two years before it tumbled into receivership, and it is yet to file accounts for last financial year.
US SEC Commissioner defends proposal on shareholder voting rules
A top official at the U.S. Securities and Exchange Commission on Thursday defended an agency shareholder voting proposal amid "misconception" ...
Benchmark names Gregg Fracassa General Manager for Snow King Resort, Jackson, Wyoming
THE WOODLANDS (HOUSTON), TEXAS - Benchmark, a global hospitality company, has appointed Gregg Fracassa general manager for Snow King Resort, a Benchmark Resorts & Hotels property located in Jackson, Wyoming. Greg Champion, Benchmark’s president and COO, made the announcement. "It is a pleasure to welcome Gregg to Benchmark and to Snow King,” said Mr. Champion. “He brings great depth of leadership and operational experience to the property and an important understanding of maximizing the attributes of a resort hotel and its
Vedanta implements resolution plan to bag Ferro Alloys via NCLT route
Company's foray into ferro alloy business to strengthen its steel business portfolio
Eco Survey: Thalinomics in times of rising prices: Veg, non-veg thalis more affordable
Using the annual earnings of an average industrial worker, it is found that affordability of vegetarian thalis improved 29 per cent from 2006-07 to 2019-20 while that for non-vegetarian thalis improved by 18 per cent.
SBI Q3 results: Profit jumps 41% to Rs 5,583 crore; asset quality shows big improvement
Percentage of net NPAs stood at 2.65 per cent compared with 3.95 per cent last year.
IBM CEO Ginni Rometty retires
The company’s chairman, president and chief executive officer will be replaced by Arvind Krishna.
Ezekiel Mutua Splashes Millions on His Barber
The Kenya Film Classification Board (KFCB) boss opened up on the heart-melting story of how he worked with the struggling youth to...
Tokyo stocks close higher after WHO virus ruling
TOKYO, Jan 31 — Tokyo stocks closed higher today after the World Health Organisation declared the new coronavirus an international emergency but held off on recommending restrictions on the movement of people. The benchmark Nikkei 225 index gained 0.99 per cent, or 227.43 points, to end at...
CFPB Sues Citizens Bank For Violating Truth In Lending Act
The Consumer Financial Protection Bureau (CFPB) has filed a lawsuit against Citizens Bank over alleged violations of the Truth In Lending Act (TILA).
Finance minister: 18pc discount for PLUS toll charges starts tonight
KUALA LUMPUR, Jan 31 — The 18 per cent Projek Lebuhraya Utara Selatan (PLUS) toll highway discount begins tonight, said Finance Minister Lim Guan Eng today. Lim reiterated Prime Minister Tun Dr Mahathir Mohamad’s announcement that the Cabinet has decided to restructure PLUS’ concession...
Economic Survey 2020 has a clear message for Nirmala Sitharaman
Growth in the current fiscal year would come in at 5 per cent, as per Economic Survey.
Around 400 Indians to be evacuated from Wuhan: Air India CMD Ashwani Lohani
The flight will include all necessary resources like masks, medical equipment, packed food, prescribed medicines, along with a team of five doctors from the Health Ministry, and paramedical personnel from Air India
Public sector bank services hit as employees union go on 2-day strike
Bank strike: Services like cash deposit, withdrawal, cheque clearances, instrument issuance and loan disbursement of public sector banks are affected.
Uzbekistan celebrated 28th Day of Defender of Motherland in Islamabad
Islamabad, Pakistan: Uzbekistan Embassy in Islamabad celebrated 28th Day of Defender of Motherland (Armed Forces Day) here at a local hotel which was attended by members of Diplomatic Corp of Islamabad, senior civil and military officials, journalists and academia. The event was hosted by the Ambassador of Uzbekistan in Islamabad Furkat Sidikov and Defence Attaché Lt Col Sadullah Tashmatov and was coloured by performances of Uzbek Military troupe and Uzbek performers. This was a unique and colourful event in Diplomatic Corp Islamabad observed in recent past. Since Uzbekistan gives a special status of friendship to Pakistan therefore Uzbek performers also sung Pakistani songs, sending a message to Pakistan that how much they love Pakistan and wish to be a part of Pakistani society. “This was unique event not like other we usually attend in Diplomatic Corp because it represented beautiful society of Uzbek people and their psychological linkage to Pakistan. It was an excellent opportunity to enjoy and understand…
Marico slips 6%, hits 52-week low on disappointing December quarter results
In Q3FY20, consolidated revenue from operations declined 2 per cent YoY at Rs 1,824 crore.
Prime Minister Johnson Poised for Canada-Style UK-EU Free Trade Deal After Brexit – Report
The UK’s withdrawal from the EU on Friday will be followed by an 11-month transition period, during which Britain will remain committed to the existing trade deals with the bloc, but will be able to negotiate new such agreements with EU members and other countries.
No proposal for PoK merger with Pakistan: Foreign Office
"There is no such proposal under consideration,” Foreign Office spokesperson Aisha Farooqui said on Thursday when asked about the reports. She also rejected that government was thinking to bring new regulation to change the status of Gilgit-Baltistan. “It is media speculation I, do not wish to comment on it,” she said in response to a question.
Nintendo says no new Switch in 2020
Japanese gaming giant Nintendo said Friday there would be no fresh model of its hot-selling Switch console this year, dashing the hopes of fans eager for a new version.
Uganda Tourism Institute worth Uhs380b to open in July
Uganda’s State Minister for Tourism Godfrey Kiwanda has said that the Hotel and Tourism Training Institute Application Hotel located in Jinja is nearing completion and will be officially opened in July. The construction of the application hotel is being undertaken under the Competitiveness and Enterprise Development Project, funded by Government of Uganda (USD. 2.5m), World Bank (USD. 100m) and coordinated by the Private Sector Foundation Uganda (PSFU). Former Tourism Minister Prof. Ephraim Kamuntu (Now the Minister of Judiciary and Constitutional Affairs) on April 10th 2018, led a team of Government officials and other partners for a groundbreaking ceremony that kickstarted construction works for the new application hotel for Uganda Hotel and Tourism Training Institute in Jinja. The construction contract was awarded to Roko Construction Limited under the supervision of Arch Design Limited for a duration of 12 months. Kiwanda who was officiating at the Institute’s Alumni Association launch hosted in Kampala…
RevitUp travels to Hotel Association of Halkidiki summit
RevitUp will be at the upcoming Hotel Association of Halkidiki meetup in Thessaloniki. Scheduled for Sunday, February 2nd, at the Macedonia Palace Hotel, the summit will address topics from sustainability to destination marketing, management, and more. Nikos Giokas, Director of Business Development at RevitUp, will introduce the latest efforts to redefine revenue optimization for hoteliers during the meetup. Last weekend, Giokas and the RevitUp team were at the 1st International Hospitality Expo Cyprus hotel marketing strategy and tourism promotion with Savvas
Rishad Premji writes to employees, lauds Abidali Neemuchwala’s contributions
Wipro announced this morning that its CEO and MD Neemuchwala has resigned due to family commitments and he would stay on until a successor was appointed.
Two loan products launched by Indian Bank
Indian Bank on Thursday announced the launch of two products - Surya Shakthi, for roof top solar set up for captive consumption and Corporate Loan, a finance product in aid of units under stress for w
FAA staff and tour co. ties alleged after 3 chopper crashes
The chairman of a key Senate committee is asking the Transportation Department's Inspector General to investigate misconduct allegations at the Federal Aviation Administration's Hawaii field office. They involve an allegedly...
Angus caravan park lodges lawful use bid for 220 units in latest stage of site saga
Angus caravan park operators have lodged a bid for year-round occupation of hundreds of units there in a move amined at bringing to an end a lengthy legal saga at the popular site.
NEW RESTAURANT: Deg’s Chicken now open in Fairfield Commons mall
BEAVERCREEK — Deg’s Flame Grilled Chicken — which is on hiatus at The Greene — has opened a new location in the Mall at Fairfield Commons food court.
Turkish exploration vessel trespasses into Greek territorial waters (updated)
Greek City Times Article
Burundi: Four journalists jailed for ‘undermining state security’
A court in Burundi has sentenced four journalists to two and a half years in prison for attempting to undermine state security. The journalists were arrested in October in the western province of Bubanza Province while covering an incursion of Read More
ONGC’s gas pipeline in A.P’s KG Basin leaks, no damage reported
Villagers spot it on Friday morning and alert officials; ONGC team rushes and cuts off supply
Link to buy Pepper European Servicing unit for up to €200m
Pepper Ireland unit manages €18bn of assets, including 60,000 residential mortgages
Grab for Free: Farming Simulator 19
Focus Home Interactive and Epic Games are currently giving away Farming Simulator 19 for free. From today and until February 6th, PC gamers can visit the game's Epic Games Store page and acquire the...
Economic Survey highlights: FY20 fiscal deficit target may need relaxation
GDP growth pegged at 6-6.5 per cent in financial year starting April 1, up from 5 per cent in current fisca
Economic Survey pegs GDP growth at 6-6.5% in next fiscal
Government must use its strong mandate to deliver expeditiously on reforms, it says
Bank Negara says sentiments in global financial markets positive in Dec
KUALA LUMPUR, Jan 31 — Sentiments in the global financial markets in December were positive amid prospects of easing global trade tensions, said Bank Negara Malaysia (BNM) today. The central bank said investor’s risk appetite improved following the announcement and subsequent signing of a phase...
Pilots, flight attendants demand flights to China stop as virus fear mounts worldwide
Pilots and flight attendants are demanding airlines stop flights to China as health officials declare a global emergency over the rapidly spreading coronavirus, with American Airlines’ pilots filing a lawsuit seeking an immediate halt.
Economic Survey calls for $1.4 trillion infra spending during FY2020-2025
Investment in infrastructure is necessary for the economy, as power shortages, inadequate transport and poor connectivity affects overall growth performance, as per the Survey
Special court to take up Behmai massacre case on Feb 12
But in view of the strike over the issue of chambers continuing, the matter has now been further postponed to February 12.
Shares struggle for footing after virus-battered week
World share markets fought to regain their footing on Friday as investors clutched at hopes that China could contain the coronavirus, even as ...
Vietjet suspends all China flights - VnExpress International
Vietjet will stop all flights to and from China starting Saturday to try and limit the spread the deadly coronavirus.
What could derail the long-awaited property market recovery?
PROPERTY experts are hopeful 2020 will be the year the Perth market returns to growth.
Coronavirus: Amazon, Microsoft Employ Thousands of China-Born Employees
The huge population of China-born professionals in the United State is prompting many companies to ask them not to travel to China.
GDP edges up 0.1 per cent
The Canadian economy edged higher in November, reversing most the decline seen in October, as cold weather helped boost the utilities sector and the construction and retail sectors also gained ground.
PROMOTED: Drive 10x your Revenue and Value at this year’s Sales...
Sales Leadership Conference (SLC) is West Africa’s biggest convergence of revenue leaders across corporate Nigeria..........
Tipperary IFA president says EU 'can't be browbeaten' by Boris Johnson
Irish farmers 'cannot be sold out'
Corporation tax cut to benefit 1% firms, SMEs paying lower tax: Eco Survey
With economic slowdown resulting in slippages in direct and indirect tax collections, the Survey said the next financial year is expected to pose challenges on the fiscal front
WHO representative says Ukraine able to cope with coronavirus
The death toll in China is now 213 people.
Fused entity to have enough cash to loan private players: PFC on REC merger
PFC and REC can separately lend up to 25 per cent of their net worth to a single borrower/ project, and lending to a group borrower could be 40 per cent, PFC informed the BSE
Oh! GDP grew only 6.1% - not 6.8% - last fiscal, says MOSPI
GDP figures for financial year 2017-18 were also revised downwards to 7 per cent, from 7.17 per cent reported earlier
Firearms used by armed groups in Nigeria are smuggled from Turkey, Libya, others – Report
AFTER a three-year study carried out by the Conflict Armament Research, CAR, an independent investigative organisation based in the UK,
Woodford Income Focus fund to reopen in February
£268m fund was frozen in October after stockpicker’s business imploded
Luxury home prices in Manhattan have tumbled to their lowest level in years, and it proves that sellers are still struggling to offload prime real estate, Business Insider - Business Insider Singapore
Business Insider - The price threshold for Manhattan luxury homes fell to $3.8 million at the end of 2019 — the lowest it's been since 2013.. Read more at businessinsider.sg
'Not being used properly': MYOB, Xero look to invoice finance amid supply chain scrutiny
The industry built around speeding up payment times for small business looks set to grow.
Hong Kong’s disruption is Sydney’s opportunity
Hot Property
Bank of Lithuania Looks into Central Bank Digital Currency
Bank of Lithuania may be the next entity to look into Central Bank Digital Currencies (CBDCs), after multiple banks worldwide have expressed interest. All
Chesapeake Energy Bulls Are Asking the Wrong Question
From logical deduction, the environment must be pressured beyond belief. Thus, I can’t see CHK stock doing anything but eroding in the long run.
Two Indian sailors killed, several missing in tanker fire off UAE coast
The daily quoting sources reported that the tanker had around 55 people on board, including 12 crew members at the time of the accident.
Economic Survey 2020: GDP Growth Projected At 6-6.5 Per Cent In FY21; Growth Resurgence From Second Half Of FY20
The Economic Survey 2019-20 was tabled by Finance Minister Nirmala Sitharaman in the parliament today (31 January). The survey projects the Indian Economy to grow at a rate of 6 to 6.5 per cent in the upcoming Financial Year 2020-21.
Understanding ‘Thalinomics’, or the economics of a plate of food in India
Analysing this data, the survey found that since 2015-16, there was a change in the dynamics of ‘thali’ prices.
Quality scores, along with amenities
Cost reduction is no longer the sole concern for buyers in affordable housing projects. By M.A. Siraj
Perth energy firm SSE ‘on course’ to deliver targets
Perth-based energy giant SSE said it expected to meet its full year targets yesterday despite its renewable energy output falling 5% behind forecasts for the first nine months of the year.
Viral Irish border Twitter account faces its own exit on Brexit Day
Satirical account @BorderIrish said it will tweet for the last time on Friday after becoming a sensation.
Luxury home prices in Manhattan have tumbled to their lowest level in years, and it proves that sellers are still struggling to offload prime real estate
The price threshold for Manhattan luxury homes fell to $US3,816,835 in the fourth quarter of 2019, according to a report by the real-estate listing platform, StreetEasy.
Citi Unveils Digital Investment Platform “Citi Wealth Builder”
Citi announced on Thursday the launch of its new tool Citi Wealth Builder, which is described as a digital investing platform with professionally managed portfo
3 Straight Quarters Of 2%, And Yet Each One Very Different
For the year, the Bureau of Economic Analysis (BEA) puts total real output at $19.07 trillion, or annual growth of 2.33% and down from 2.93% in 2018.Imports are down so sharply because the domestic pa
Govt Revises GDP Growth For 2018-19 to 6.1 Per Cent From 6.8 Per Cent
Earlier in the day, the Economic Survey presented by chief economic advisor (CEA) Krishnamurthy Subramanian projected revival of economic growth to 6-6.5 per cent in the next fiscal starting April 1, 2020.
CERN: We're ditching Facebook Workplace. Here's why
CERN is to demand that Facebook removes all its content from Workplace by January 31.
Budget 2020: Earn less than Rs 10 lakh? Here's what you can expect
Budget 2020: There have been talks about government levying 10% income tax on income above Rs 5 lakh to Rs 10 lakh and 20% for income above Rs 10 lakh to Rs 20 lakh
USD/CAD eases from tops, still well bid near 200-DMA post-US/Canadian data
The USD/CAD pair trimmed a part of its early gains to seven-week tops, albeit still managed to hold with modest daily gains above the 1.3200 mark post
Possible disruption to water supply in Tallanstown on Monday - Talk of the Town
Homeowners and businesses in Tallanstown may suffer disruption to their water supply this Monday. This is due to mains repair works due to be carried out in the Rathbrist area of the village from 10.30am to 6pm on the day. Irish Water has advised that those affected may experience low pressure or a water outage...Read More→
Non-cash payments under I-T Act: 7 electronic modes get CBDT nod
BHIM, UPI, debit/credit cardsand net banking make the cut
Portal Leisure Centre fails to boost town centre footfall as empty shops pile up
Retail vacancy rates above the national average, new report shows.
Amazon Makes Fresh Pitch to Continue Improving Customer, Seller Experience
Since its arrival in India in 2013, Amazon has created over 700,000 direct and indirect jobs and announced plans to create additional one million jobs in India by 2025.
Aussie property values rise another 0.9% in January
CoreLogic’s dwelling price results have been released for January, which reveals another 0.9% increase in values over the month at the 5-city level, driven by more strong rises across Sydney (1.1%) and Melbourne (1.2%):
Amazon shares surge on strong earnings update
Amazon shares shot higher Thursday after the internet colossus released quarterly earnings figures for the holiday quarter that trounced market expectations.
‘Big four’ banks turn into ‘big two’ - VietNamNet
With Vietcombank making up 40 percent of total profit of four state-owned banks, the competition among the ‘big four’ banks has been reduced to the ‘big two’.
Treasury Wine Estates shareholders back company's US presence
Long-term Treasury Wine Estates shareholder Tribeca wants the company to maintain a presence in the US but would like to see its commercial business divested.
Budget Session 2020 Highlights: GDP growth rate for 2018-19 revised downwards to 6.1 per cent
Parliament Budget Session 2020, Economic Survey 2020 Highlights: The Economic Survey 2019-2020, tabled by Finance Minister Nirmala Sitharaman, projected the economic growth of 6 to 6.5 per cent in the fiscal year starting April 1.
Markets Recoil as Economic Survey Stokes Fiscal Slippage Fears
The 30-share BSE Sensex closed 190.33 points, or 0.47 per cent, lower at 40,723.49. Likewise, the broader NSE Nifty shed 73.70 points, or 0.61 per cent, to finish at 11,962.10.
Weekend Reading: 1-2 February 2020
Global Macro / Markets / Investing:
US warns citizens to avoid China amid WHO's global virus emergency
Tedros said travel and trade restrictions involving China were unnecessary, but authorities and businesses around the world were taking matters into their own hands.
The Daily Chase: Stocks under pressure as virus spreads; GDP inches higher
Global stocks are coming back under pressure this morning as investors interpret the latest wave of coronavirus headlines. Meanwhile, the Canadian economy unexpectedly expanded in November.
Call for ‘vacancy control’ to curb Vancouver rental rates
Housing advocates are concerned that the trend toward jacking up rents once units vacate will result in further displacement
Property sales catapult American Savings’ earnings | Honolulu Star-Advertiser
American Savings Bank’s earnings soared 30% in the fourth quarter after recognizing an after-tax gain of $7.7 million from the sales of its former headquarters at the Financial Plaza of the Pacific and its Mililani Service Center.
How to get one of 7000 first home grants
Those eligible can purchase with as little as 5 per cent of the property’s value, saving up to $26,000 in not buying insurance, but it's 'complicated’.
US: Annual core PCE Price Index ticked up to 1.6% in December as expected
Inflation in the United States, as measured by the Personal Consumption Expenditures (PCE) Price Index, rose 0.3% on a monthly basis in December follo
Indiabulls to exit realty biz, merge with entity led by Embassy, Blackstone
In the past two years, IBREL has sold commercial assets to Blackstone for around Rs 12,250 crore
Bank strike paralyses work
Bank employees owing allegiance to various constituent unions of the United Forum of Bank Unions (UFBU) boycotted work in the erstwhile composite Khammam district on Friday, the first day of the two-d
Economic Survey: IBC reduces resolution time to 340 days from 4.3 years
The Insolvency and Bankruptcy Code (IBC), which came into force in 2016, provides for market-linked and time-bound resolution of stressed assets
Mining sector's GDP share sees decline due to disruptions in Goa, Karnataka
Closure of mines and disruptions due to changes in legislations has thrown the sector out of gear, curtailing production and endangering jobs
Hindustan Unilever Q3: Steady performance amidst the slowdown
Despite the ongoing consumption slowdown, Hindustan Unilever has been able to maintain the same 5 per cent year-on-year growth in volumes in each of the last three quarters. It has been able to hold v
Luxury home prices in Manhattan have tumbled to their lowest level in years, and it proves that sellers are still struggling to offload prime real estate
The price threshold for Manhattan luxury homes fell to $3.8 million at the end of 2019 — the lowest it's been since 2013.
Airtel, Telkom Now Want CAK Merger Conditions Reviewed
Airtel and Telkom Kenya now want merger conditions set by the Competition Authority of Kenya (CAK) reviewed and done away with.In a suit at the Competition Tribunal, the telcos want the conditions
SAMA launches licenses for non-bank financial institutions
The SAMA has licensed the Saudi Digital Payments Company (STCPay) as an Electronic Wallet Company, and GEIDEA Technology Company as a payment services company following the success of the trial period in an experimental environment.
India's share in global commercial services exports up at 3.5 per cent
According to the economic survey tabled by finance minister Nirmala Sitaraman, the service sector acounts for 55 per cent of economic growth
Budget 2020: PPF limit may increase to Rs 2.5 lakh from Rs 1.5 lakh
Budget 2020: The ministry is also planning to permit tax exemptions of up to Rs 2.5 lakh for savings under Section 80 C (of the Income Tax Act)
On a wing mirror and a prayer? Don't look back in anger in Sunday's Well home with parking
An elegant, Victorian house in Sunday’s Well with oodles of space has a key ingredient — parking, says Tommy Barker
We will replace one district, one factory with staple processing zones - Mahama
news, story, article
Failure to reach post-Brexit trade deal 'existential threat' to Ireland: PM
Johnson has said he wants Britain to set its own standards and regulations.
Residents helped to safety during early-hours Dudley house fire
Four people fled to safety with the help of a passer-by during a house fire in the early hours of this morning.
Virus rescue flight returns to Korea with 18 showing fever
Eighteen passengers on a chartered flight from virus-stricken Wuhan to South Korea showed signs of fever after landing at Gimpo International Airport and were taken to hospitals for checks.
Space sector can hit $50 bn by 2024, needs policy support: Antrix-PwC study
Calls for unhindered access to capital for start-ups, govt support in the form of buyback arrangements or schemes to incentivise investors
Apple Chipmaker Says Supply Not Affected By Coronavirus
One of Apple's chipmakers, TMSC, insists it is business as usual despite the coronavirus disrupting supply chains.
Submarine jobs poised to go west
The Morrison government is leaning towards sending ASC's submarine maintenance blue collar jobs to Perth, risking its relationship with key senator Rex Patrick.
Jakarta stock index slips 1.5 percent as Wuhan virus spreads
The JCI concluded morning trade at 5,966.87 before lunch break, breaking below the 6,000 level for the first time this year.
Canada: Real GDP edged up 0.1% in November vs. 0% expected
The real Gross Domestic Product (GDP) expanded by 0.1% on a monthly basis in November following October's 0.1% contraction, the data published by Stat
Quality rice through PDS from April 1
Chief Minister Y.S. Jagan Mohan Reddy has directed the officials of the Department of Consumer Affairs, Food and Civil Supplies to supply quality rice in packets under the Public Distribution System (
Railway Budget 2020: Railway fares unlikely to be hiked, govt may give privatisation push
Budget 2020: After the success of India's first private train Tejas, the Centre may also consider privatising other trains and railway operations. The Centre's railway station modernisation plan will also boost steel consumption in the country
Lavender Economic Survey says growth has bottomed out, pegs GDP for FY21 at 6-6.5%
The pre-Budget Survey said for wealth to be distributed, it first has to be created and called for looking at wealth creators with respect.
Here’s what the P/E Ratio really tells us about an ASX share
Do you know what an ASX share's P/E ratio really tells us? The answer might surprise you!
Jewellery salesman with suitcase full of £4m gems targeted by gang in robbery plot
The gang ambushed the salesman as he walked to an Ernest Jones store to display Le Vian's signature brown "chocolate diamonds"
Russia confirms first two coronavirus cases
MOSCOW, Jan 31 — Russia said today that two Chinese citizens had tested positive for the novel coronavirus in the country’s first cases since the deadly outbreak emerged in China. The two cases were registered in the Zabaikalsky and Tyumen regions of Siberia, Deputy Prime Minister Tatyana...
Research: How to Build Trust with Business Partners from Other Cultures
Understanding cultural differences helps us navigate them respectfully.
Farmers stuck with pineapples as prices drop to Shs 700
agriculture
What to look for in earnings season
The savage market reaction to a number of startling share downgrades this week is a reminder that hefty price gains may not reflect earnings prospects.
We are comfortable buying retail: Newmark plays against flow
Property fund veteran and former Hawthorn footballer Chris Langford is playing against the real estate flow and buying retail assets.
Your letters for Jan. 31
All hail the motoristRe: Druh Farrell pledges more “climate change” oversight, Jan. 24So Councillors Farrell and Gian-Carlo Carra have now earnestly latched onto the modern progressive’s favo…
Truck has 480,000 lumen light panel installed on it
RCtestflight on YouTube was dissastisfied with only being able to light up entire mountainsides from four kilometers away, so replaced the enormous array of LED lamps atop his truck with ones inclu…
Long queues return to banking halls, as customers avoid new ATM withdrawal limits
Customers of various banks now prefer to withdraw cash over the counter in the banking hall to using Automated Teller Machines (ATM).
EU turns page on Brexit and moves on to trade talks
A resolute European Union sought Friday to turn the page on Brexit and move on to negotiating a looser, less favourable trading relationship with its departing British partner.
Fiscal deficit target may be relaxed to arrest declining growth: Economic Survey
The Medium Term Fiscal Policy (MTFP) statement presented with the Budget 2019-20, pegged the fiscal deficit target for 2019-20 at 3.3 per cent of gross domestic product (GDP), which was further expected to follow a gradual path of reduction and attain the targeted level of 3 per cent of GDP in 2020-21, and continue at the same level in 2021-22.
Citizen suffers as wilful defaults take toll on welfare schemes: Eco Survey
According to the Survey, promoters at the helm of defaulting firms pledge almost 50 per cent of their shareholding to lenders on average
3 Warren Buffett Picks That Most Investors Missed
Even many Buffett followers haven't picked up on some of these winners. Did you?
DHFL account classified as ‘red-flagged’ by State Bank of India
State Bank of India has classified the Dewan Housing Finance Corporation Ltd (DHFL) account as a red-flagged account (RFA) and said it would scrutinise the home loan pools purchased from the trouble
Supreme Court business rates hearing on ATM charges to be heard on Budget day
It comes on March 11, the day the Chancellor will unveil plans to help the high street.
China virus may cause delays of anti-pollution equipment retrofits on ships
TOKYO/SINGAPORE (Reuters) - Shipping companies may face delivery delays of vessels fitted with exhaust gas filtering equipment that complies with anti-pollution rules that kicked in this year due to the impact from the virus outbreak in China, shipping sources said on Friday.
EC staff in Northern Ireland taking low-key approach to leaving
Belfast European Commission office still holds to line that EU is Good for You
Former Assam Police ADGP (SB) Pallav Bhattacharya appointed as New APSC Chairman
Former Additional Director General of Police (ADGP-SB) Pallav Bhattacharya (IPS) has been named by the Government as the new Chairman
Buyer pays 30 per cent above asking price to nab King West loft
This roughly 600-square-foot unit is in a nearly 20-year-old building across from Massey Harris Park that is composed of two-storey units with loft-like characteristics
Security Token: MERJ Exchange to List Tokenized Offering of Collectible Cars
MERJ Exchange, the official stock exchange of Seychelles and a marketplace seeking to leverage digital security offerings, has partnered with Liechtenstein-base
CMA new boss talks tough against issuing profit warnings late
NAIROBI, Kenya, Jan 31 - The Acting Chief Executive of Capital Markets Authority Wycliffe Shamiah has warned companies listed on the Nairobi Securities Kenya breaking news | Kenya news today |
SMSF trustees need simpler, cheaper regulation
Looking for straightforward advice and getting tied up in paperwork or high fees? Why it's time for change.
Travel warning: Israelis in China should consider leaving
Israel's Foreign Ministry warns against traveling to China, says Israelis currently in the country should consider leaving.
Govt to spend Rs 25 lakh cr to boost rural economy; over Rs 43K cr disbursed under PM-KISAN scheme
The government has provided over Rs 43,000 crore to more than 8 crore farmers under the PM-KISAN scheme and will spend Rs 25 lakh crore in coming years to boost the rural economy, President Ram Nath Kovind said on Friday.
Work underway to build 29 new homes in Bedminster
The development is set to be completed early next year
Strategic strata moves rattle Melbourne's city grid
In an intriguing start to the year for the CBD strata market, property developer Salta has snapped up a second floor in a seven-storey building on Exhibition Street.
PM's climate fix puts taxpayer dollars at risk
The bilateral energy agreement with NSW is by a long way the second best, more costly and higher risk climate solution.
Volatility In SmileDirectClub Likely To Continue So Waiting To Buy May Be Best
SmileDirectClub, Inc went public in September 2019 as a unicorn, being valued at over $5B.While margins are showing improvement, net margin is still negative mainly due to high customer acquisition co
Market wrap: all the leasing and sales activity in and around Sydney
Sydney's inner south shines during leasing activity.
Telecom sector is bleeding! Will Modi govt offer relief in Budget 2020?
Budget 2020: Telecom industry has also demanded a reduction in levies, both licence fee and Spectrum Usage Charges (SUC). It has also asked the Centre to create an infrastructure bank that would raise tax-free bonds, the proceeds of which can be used to lend to the companies at lower rates.
Teachers unlikely to face penalties for strike next week
‘Not constructive’ to talk about penalising teachers, says Government spokeswoman
Pro-business policy critical to achieve $5 trillion economy, says Economic Survey
The Economic Survey 2019-20 says India’s aspiration to become a $5 trillion economy depends critically on promoting “pro-business” policy that unleashes the power of competitive markets to generate
Budget 2020: Will govt increase investment limit under Section 80C?
Budget 2020: The limit of deduction available under Section 80C is Rs 1.5 lakh. Taxpayers expect FM Sitharaman to increase the limit to Rs 2.5 lakh
Mindless vandals will not stop ransacking this Stockport charity shop
"It is difficult to believe that someone could be so cruel as to target a charity shop again and again"
Hundreds of schools face closure on Tuesday due to teacher strike
Meeting between TUI and public service oversight group ends without breakthrough
Oyo cuts staff strength by about 2,000, exits 200 cities as part of restructuring
Oyo claims that although it has slashed a significant workforce, there has been a lot of support that the start-up has given to the employees who have been asked to leave
KK airport rep: 117 flights from China affected by Sabah govt’s temporary suspension over coronavirus outbreak
KOTA KINABALU, Jan 31 — A total of 117 weekly flights from 15 cities in China, as well as Taiwan and Hong Kong, have been affected following the Sabah government’s decision to temporary suspend all scheduled and charter flights from China to the state, effective yesterday. The 117 flights do...
The pound rises as the UK bids goodbye to EU — but experts say to brace for an up to 7% drop if trade talks falter
"If trade negotiations fail and the UK ends up with a delayed hard exit we would look for GBP USD to drop 5% to 7% taking us back towards $1.24," said one analyst.
AA Insurance awarded Shine’s DVFREE Tick
AA Insurance awarded Shine’s DVFREE Tick for creating a domestic violence-free workplace
Budget 2020: Why focus on wealth creation is good news for Indian economy
The Economic Survey 2019-20 has managed to hit the bullseye by focusing on wealth creation. It now remains to be seen whether the government provides the tools and environment required for the same.
Tims seeks to reclaim roots
Tim Hortons franchisees gathered in Calgary earlier this week and erupted into applause after corporate executives promised to help reframe the public's understanding that the chain is a Canadian company.
France's Pasteur Institute Foundation hoping to develop coronavirus vaccine
PARIS (Reuters) - France’s Pasteur Institute Foundation is looking into developing a vaccine to treat the coronavirus, an official at the institute said on Friday.
Economic Survey 2020: CEA Subramanian sees fiscal slippage in FY20
Subramanian said the country might have hit the trough in growth and expressed his confidence in achieving 6-6.5 per cent growth in fiscal year 2020-21
NSW strikes ‘landmark’ energy deal with Federal Government, Greens call it ‘climate criminality’
A "landmark" agreement between the Morrison and Berejiklian governments that will see more than $2 billion invested into a new gas-fuelled energy deal has A "landmark" agreement between the Morrison and Berejiklian governments that will see more than $2 billion invested into a new gas-fuelled energy deal has been slammed as "climate criminality" by the Greens.
Shoe Zone to close town centre store
A budget shoe retailer is to pull out of a west Suffolk town after reporting a slump in profits last year.
Foreign exchange reserves reach life-time high of $466.69 billion
In the previous week, the reserves had increased by USD 943 million to USD 462.16 billion
EU votes in favor of choosing a common charging cable standard
The European Union wants to vote on legislation by July at the latest.
Reforms must take into account economic wellbeing
As we implement the wave of reforms flowing from the royal commission, it's important to ensure the health of the economic system.
ExxonMobil and Chevron report fourth-quarter earnings declines
US oil majors knocked by tighter margins, chemicals weakness and writedowns
E tū: safety of Air NZ Wuhan crew paramount
The union for aviation, E tū, says it’s working to secure assurances about the safety of up to 10 volunteer cabin crew and any ground crew operating the Air New Zealand evacuation flight from Wuhan.
Wilbur Ross Sees a Bright Side to Chinese Virus
Commerce Secretary Wilbur Ross suggested Thursday that the viral outbreak in China might offer an unexpected benefit for the U.S. economy: It could encourage American manufacturers in China to return to the United States.
Bitcoin Cash (BCH) Miners Gaming the Network Amid Low Transaction Volume
Despite attempts to improve the difficulty adjustment protocol for Bitcoin Cash (BCH), miners are still able to ‘game’ the network while transaction volumes remain significantly low.
U.S. lawsuits targeting Canadian growers up in the air
It's unlikely they'll ever get to court but they will garner public sympathy from consumers not at all happy with legalization – or the product
OECD warns of ‘concerns’ over US move on digital tax
PARIS, Jan 31 — An alternative proposal by Washington on how to tax digital giants worldwide has been met with “concern” by several nations, the OECD group of free-market economies said today. The push for a so-called “safe harbour” option would essentially render compliance optional,...
Coca-Cola announcement fails to fizz
Yesterday Coca-Cola New Zealand announced a sugar reduction goal of 20% across its portfolio by 2025.
Cott to sell S&D Coffee business for US$405 million
The sale is part of Cott's plan to focus on its water business.
Eco Survey gives positive outlook for steel, oil and gas sectors: Pradhan
The sector achieved a growth of 5.2 per cent during April-November period of the ongoing financial year as compared to 3.6 per cent in the year-ago period, it added
Greed, hubris and weak regulation: A year on from the Hayne royal commission, has anything changed?
The banking royal commission was badly needed, but it never went far enough. It was too short, and the terms of reference missed some critical areas.
Viral Irish border Twitter account faces its own exit on Brexit Day
Satirical account @BorderIrish said it will tweet for the last time on Friday after becoming a sensation.
Aviva stops investors from taking money out of Irish property funds
Investment vehicles have combined value of €940 million
Chinese tourists cancelling
Tour companies and hotels in destinations popular with Chinese tourists are starting to see cancellations after a new form of virus that has led to mass quarantines and more than 200 deaths in China.
These All Ords shares were sold off in January: Time to buy?
Kogan.com Ltd (ASX:KGN) and these All Ordinaries shares were sold off in January. Is this a buying opportunity?
Retail, residential sectors under reporting season spotlight
Performance of the retail and residential owners and developers will be under the spotlight in the upcoming earnings reporting season.
Statistics Canada says GDP edged up 0.1 per cent in November
OTTAWA — Statistics Canada says real gross domestic product edged up 0.1 per cent in November, reversing most of the decline experienced in October.
Scottish bus firm Alexander Dennis to build up to 600 buses for Irish operator
Larbert-based bus manufacturer Alexander Dennis has won a competition to provide as many as 600 hybrid buses for the Republic of Ireland’s National Transport Authority.
Economic Survey calls for USD 1.4 trillion spending on infrastructure
Finance minister notes that investment in infrastructure is necessary, as it affects the overall growth
Viral Irish border Twitter account faces its own exit on Brexit Day
Satirical account @BorderIrish said it will tweet for the last time on Friday after becoming a sensation.
HBC board backs bid
The board of directors of Hudson's Bay Co. has unanimously recommended shareholders support a sweetened offer to take the retailer private.
Vedanta profit rises 49% to Rs 2,348 cr in Q3 on the back of lower expenses
In a statement, the company said "attributable PAT (was) at Rs 2,348 crore, up 49 per cent y-o-y (year-on-year)"
GDP growth for FY19 revised downwards to 6.1% from 6.8% estimated earlier
"Real GDP or GDP at constant (2011-12) prices for the years 2018-19 and 2017-18 stand at Rs 139.81 trillion and Rs 131.75 trillion, respectively
Shakespeare North Playhouse appoints new chair
Max Steinberg has been chosen as the new chair of Shakespeare North Trust
Amazon sees face mask sales surge amid coronavirus fears
Packs of 50 disposable masks have been selling fast on the website.
Indian economy has hit ‘a trough’, hope to achieve 6-6.5% in 2020-’21, says chief economic advisor
The chief economic advisor pointed out that firms that had borrowed a lot of funds between 2008 and 2012 had invested less during the 2013-’17 period.
No fresh investment, redemption for mutual fund investors on Budget day
Mutual funds investors will not be able to make a fresh investment or sell their units on the Budget day because subscription and redemption are closed on Saturdays and Sundays, industry officials
Water level in Periyar dam on Friday (Jan. 31)
MADURAIWater level in Periyar dam stood at 117.75 feet (permissible level is 142 ft.), with an inflow of 54 cusecs and a discharge of 444 cusecs. In Vaigai dam, the level was 54.46 ft. (71 ft.), with
GE2020: Fianna Fáil's Byrne claims SF tax plans 'will cost jobs in Louth'
Fianna Fáil Councillor James Byrne slates Sinn Féin tax plans
Websites selling Primark online meaning you can avoid the queues
Despite there being no official online store there are online retailers selling its products
The little-known Buffett quote that guides my investing
The simple secret to evaluating winning businesses like Xero Limited (ASX:XRO) and CSL Limited (ASX: CSL)
President Kenyatta launches construction of Shs1.8bn Naivasha-Njabini Road
NYANDARUA, Kenya, Jan 31 – President Uhuru Kenyatta Friday launched the construction of Shs 1.8 billion Naivasha to Njabini road. The upgrading of the - Kenya breaking news | Kenya news today | Capitalfm.co.ke
Dow plummets 600+ points in its worst day since August
The Dow Jones Industrial Average erased its year-to-date gains in the last day of January trading, tumbling more than 600 points on rising coron...
Watch | Highlights of Economic Survey 2019-20
A video on India's Economic Survey 2019-20 which was tabled on January 31, 2020
President Kovind talks about NE; says Modi Govt transformed emotional disconnect with NE
President Ram Nath Kovind while addressing a joint session of Parliament on January 31said that apart from the geographical distance of the Northeast
The pound rises as the UK bids goodbye to EU — but experts say to brace for an up to 7% drop if trade talks falter
The British pound is trading slightly higher as Britain gets ready to leave the European Union tonight.
Genesco: Relatively Cheap And Aggressively Shrinking The Share Count
Shares of Genesco have greatly trailed the market over the last 12 months in spite of strong EPS growth.Comps have been relatively solid across the company's various brands.However, EPS growth is prim
Tertiary Students equipped with skills for the job market
news, story, article
'Why does everyone want to divide us?': EU presidents bid adieu to the UK – video
EU parliament president David Sassoli asks if British citizens were given enough information about Brexit
Design shows in China including Design Shanghai and Festival of Design postponed due to coronavirus outbreak
The organisers of Design Shanghai have delayed the trade fair until May, due to the coronavirus epidemic that has suspended travel in China, with a host of other event organisers following suit.
10 things you need to know before the opening bell
Here’s what you need to know before the markets open:
The pound rises as the UK bids goodbye to the EU — but experts say to brace for a drop of up to 7% if trade talks fail, Business Insider - Business Insider Singapore
Business Insider - If the UK ends up back with a so-called hard exit, "we would look for GBP USD to drop 5% to 7% taking us back towards $1.24," one analyst said.. Read more at businessinsider.sg
Goldman Sachs warns Wuhan coronavirus will hit US economic growth this quarter
Goldman Sachs warned on Friday that Wuhan coronavirus is likely to hit US economic growth.
Businesses see promising India-UK ties ahead after Brexit
Brexit: Leading trade organisations and Indian entrepreneurs in Britain see this as an exciting time for the India-UK trade and economic partnership to be taken to a new level
OIL: Buy The Bottom In Crude
Oil demand is the only part of the balance where the bears can make a potentially compelling case to sell oil – but the supply variables win out.Supply is currently being constrained by market partici
Cut in housing prices can clean up banks' balance sheets: Economic Survey
Pitching for correction in property prices, the survey said that housing prices are ruling at a high level, even as the growth in rates has been muted since 2015-16
Hong Kong-based Digital Asset Exchange Bitfinex Introduces Margin Trading for Tether’s New Gold-backed Stablecoin
Hong Kong-based digital asset exchange Bitfinex has introduced margin trading for Tether gold (XAU₮). Beginning on January 30, 2020, the exchange has confi
Amazon's Q4 revenue takes a 300 bps hit due to Diwali timing, Japanese tax
Firms says large part of impact was felt as Diwali season moved more into third quarter, boosting Q3 sales at the cost of Q4
A Much Better Alternative To Dollar-Cost Averaging
Warren Buffett himself seems to like the dollar-cost average approach to investing in stocks, but I am skeptical.Today, I test a simple alternative to DCA that has produced higher absolute returns and
BlackRock Appears Interested In North American Small Cap Pharmaceuticals
BlackRock sees North American Small Cap Pharmaceuticals as Undervalued. Will this trend continue?Comparing Blackrock and Vanguards asset allocation in North American Small Cap Pharmaceuticals.BlackRoc
Domestic milk intake down 5.7% in December
Domestic milk intake by creameries and pasteurisers was estimated at 243.8 million litres for December 2019, according to the CSO.
The EMI waiver is here
In these difficult times for real estate and home loan segment, banks and housing finance companies (HFIs) have found a new method to attract borrowers – home loans with EMI waivers. It does not mean
House supports reform thrust
HOUSE Majority Leader and Leyte Rep. Martin Romualdez yesterday said the leadership of Speaker Alan Peter Cayetano is relentless in its work to help the administration institutionalize the crucial reforms that are vital to delivering the “campaign promises” of President Rodrigo “Rody” Duterte and sustain economic growth.
Economic Survey 2019-20 Tabled in Parliament, Sees Pick up in Growth
For the current fiscal, it projected a GDP growth of 5 per cent, the lowest in 11 years, and worsening job prospects.
Gold futures fall Rs 319 to Rs 40,656 per 10 gm
Gold prices on Friday fell by Rs 319 to Rs 40,656 per 10 gram in futures trade as participants cut down their positions in line with a weak trend overseas. On the Multi Commodity Exchange, gold
DFA to bring home Filipinos in China
AMID health concerns brought about by the 2019 novel coronavirus (nCoV), the Department of Foreign Affairs (DFA) is set to repatriate next week the first batch of Filipinos in China wishing to go home.
Coronavirus forcing Google, Apple to take precautionary measures
Silicon Valley is bracing for the coronavirus outbreak to impact its bottom line as Google closed its offices in China and Apple.
Wuhan Virus: Singapore bars visitors that recently travelled to China
In an attempt to contain the spread of the coronavirus, Singapore has imposed a travel restriction to all visitors from China as well as foreigners that have a recent travel history to mainland China. The travel restriction will start at 11:59 pm on Saturday.
Electricity consumers to pay more for prepaid meters
Electricity Consumers will have to pay more for prepaid meters as the hike in FG's Value Added Tax, VAT, from 5 to 7.5 per cent, begins in ...
Economic Survey 2020: FTAs have been beneficial, insecurities over trade deals misplaced
Last year, India backed out of the proposed free trade agreement under RCEP that comprises 16 countries in the larger South East Asian region after some of its key concerns were not addressed
Trade body at variance with ISMA over sugar production estimate
All India Sugar Trade Association sees sugar output falling to 27 million tonnes; This is higher than ISMA's estimate of 26 million tonnes for 2019-20
Look for New Highs From CSX Stock as the Economy Heats Up
As goes the economy, so goes CSX stock, and the economy is only going to improve over the next few quarters.
Altria's Profit Just Got Vaporized
Controversy surrounding the e-cigarette industry is costing the tobacco giant billions of dollars.
The Tax Break the IRS Is Begging You to Take
Millions of taxpayers are eligible but choose not to claim the thousands of dollars this tax credit offers.
Household lending grows for third consecutive year - Central Bank
Home lending drove growth in the figures but private sector lending fell
Five Blender Hacks In Three Minutes
DECODED writes: Hello BlenderNation! Blender comes stocked with so many little features that even the seasoned pros don't know all of them. In this video, I'll demonstrate five of my favourite Blender hacks to speed up your modeling process and make your life just a little bit easier.
Enrolling in Medicare? Don't Make This Giant Mistake
It's one that could cost you big-time for the rest of your life.
10 things you need to know before the opening bell, Business Insider - Business Insider Singapore
Business Insider - This is what traders are talking about.. Read more at businessinsider.sg
3 Big Things Today, January 31, 2020
Corn and soybean futures were little changed amid concerns about the coronavirus.
CAA fulfilled wishes of Mahatma Gandhi, says Prez Kovind
President Ram Nath Kovind on Friday hailed the contentious Citizenship Amendment Act as "historic" in his address to joint sitting of both houses of Parliament, prompting protests by some opposition members.
Luxury Resort Chain Purchases Mattei's Tavern
A luxury resort chain has purchased the Inn at Mattei's Tavern in Los Olivos and hopes to reopen the historic landmark next year.
1.7 million road users to benefit from 18pc discount for PLUS toll charges
KUALA LUMPUR, Jan 31 — A total of 1.7 million road users will benefit from the 18 per cent savings in their toll rates, at all PLUS-operated highways nationwide, from the stroke of midnight tomorrow. The toll reduction will cover all Passenger Vehicles (Class 1), Taxis (Class 4) and Buses (Class...
Three Irish citzens evacuated from China amidst coronavirus
The World Health Organisation declared the coronavirus outbreak a global public health emergency yesterday. Three citizens have since evacuated china.
SK Hynix to make deep capex cut as virus spread threatens chip output
South Korea's SK Hynix , the worlds' No.2 memory chip maker, warned a new virus outbreak in China could pose a threat to chip production and said ...
Writers Guild hopes new streaming laws will reverse 'service industry' trend
TORONTO - Amid talks about regulating foreign streaming services in this country, the Writers Guild of Canada is sounding the alarm on what it says is a tro
Top U.S. fund firms split over new limits on shareholder votes
BOSTON (Reuters) - Pending U.S. securities rules that would limit shareholder proposals have divided passive and active U.S. fund firms as some take a harder line on issues like climate change.
Suffolk mum to open new high street shop
A brand new eco friendly shop is set to open its doors in a Suffolk market town next month.
Volkswagen offers to buy all of Navistar for $2.9 bn
German auto giant Volkswagen said Thursday it wants to buy the part of American truck maker Navistar that it does not already own for $2.9 billion.
Kevin Greenard: Decline in the value of your cash savings
The average life expectancy for females and males in Canada is 84 and 80, respectively. Many people are living well into their 90’s, resulting in many retirees having to update financial plans . . .
Air New Zealand update on Shanghai services
31 January 2020
CAA 'historic', it has fulfilled Gandhi ji's wish: President Ram Nath Kovind
'The Citizenship Amendment Act is a historic law. It has fulfilled wishes of the Father of the Nation Mahatma Gandhi,' he said.
Taiwanese airlines worried about reports of Italian flight ban over coronavirus
CAL has one flight per week to Rome, EVA planning to launch a Milan route in February.Taiwanese airlines were investigating reports Friday (Jan. 31) evening that Italy had banned all flights from China, Hong Kong, Macau and Taiwan amid growing fears of the spread of novel coronavirus (2019-nCoV).
HUL reshuffles top management team
Narasimhan would replace Priya Nair, currently Executive Director - Home Care who moved as Executive Director - Beauty and Personal Care
Goldman Sachs warns Wuhan coronavirus will hit US economic growth this quarter, Business Insider - Business Insider Singapore
Business Insider - Fewer Chinese tourists and a drop in US exports to China could weigh on the economy.. Read more at businessinsider.sg
10 things you need to know before the opening bell
Here’s what you need to know before the markets open:
Charter flight carrying South Koreans from Wuhan arrives home
SEOUL: A charter flight carrying 368 South Koreans from Wuhan arrived home on Friday (Jan 31) as tensions simmered around quarantine centres where ...
5 ASX growth shares to boost your portfolio performance
Here's why I would pick A2 Milk Company (ASX: A2m) shares and these 4 other ASX shares to boost your portfolio performance.
Economic Survey: Why erosion of taxpayers’ money in PSBs is a much deeper issue
While the Economic Survey helps in quantifying the loss, it fails to point out the graver issues at hand
Burglar gets nine years for string of break-ins
A burglar who carried out a spree of break-ins and stole a car from one victim has been jailed for nine years.
India can make a satellite within four weeks, says Chandrayaan-1 Project Director
‘Space technology provides many opportunities for young engineers’
50 Barron's 2020 Broker Picks: 31 Pay Dividends
Annual stock lists are fair game for Dog Catchers. This Barron's Roundtable 50 watchlist appeared in two weekly issues - 1/20 and 27/20.Barron's convened 10 veteran Wall Street investors and economist
National Statistical Office revises growth down to 6.1% for 2018-19
“Real GDP or GDP at constant (2011-12) prices for the years 2018-19 and 2017-18 stand at ₹139.81 lakh crore and ₹131.75 lakh crore, respectively.”
Galileo Return Link Service replies to SOS messages worldwide
The Galileo Return Link Service, which allows people in distress to receive automatic acknowledgement that their signal has been received, is now live.
Budget 2020: James Wilson, the man who brought budget, income tax to India
Budget 2020: When James Wilson introduced the Income Tax, the act severely impacted the mood of the businesses as well as the feudal lords
Government must unleash bold reforms to achieve 6-6.5% growth in FY21, say experts, industry
The chamber said as the Economic Survey is a precursor to the Union Budget, it expects some of the bold reforms highlighting trust, entrepreneurship and primacy of the market to be reflected in the Budget announcements. Leader Economic Advisory Services at PwC India Ranen Banerjee said attaining the projected growth rate of 6-6.5% will be challenging.
Bitfinex Users Can Now Trade Tether Gold Stablecoin Against Bitcoin
After launching trading of gold-pegged stablecoin Tether Gold last week, Bitfinex cryptocurrency exchange now allows users to trade Tether Gold against Bitcoin.
The pound rises as the UK bids goodbye to EU — but experts say to brace for an up to 7% drop if trade talks falter
The British pound is trading slightly higher as Britain gets ready to leave the European Union tonight.
Ukraine sunseed, rapeseed harvest rises in 2019
KIEV, Jan 31 (Reuters) - Sunflower harvest in Ukraine, the world's biggest sunflower oil exporter, rose by 7.7 percent to 15.3 million tonnes in 2019, the state statistics service said on Friday.Ukraine has increased its sunoil exports by around 60% so far in the September 2019 to August 2020 season, to 1.96 million tonnes. It exported 6.063 million tonnes in the 2018/19 season, according to the Ukrainian sunoil producers' association.
Medal for former ECB chief Draghi divides Germans
Months after the end of his term as president of the European Central Bank, Italian economist Mario Draghi will receive Germany's highest honour ...
Holiday spots in southern Thailand face hard times after coronavirus outbreak
PHANG NGA (Thailand), Jan 31 — Thai tourist boat company “Love Andaman” is facing a bleak February after China banned all outbound group tours this week to try to contain the coronavirus outbreak. China is Thailand’s biggest source of foreign tourists, accounting for 28 per cent of the 39.8...
US envoy Khalilzad discusses ongoing Afghan peace process with army chief
Matters of mutual interest, including regional security discussed during the meeting
Dec core sector growth recovers to 1.3% on higher coal, fertiliser output
Production of crude oil, natural gas, and electricity contracted in the month under review
Canadian billionaire Lawrence Stroll leads group buying stake in Aston Martin
Stroll will become the iconic car company’s executive chairman; consortium, which also includes André Desmarais, will initially buy a 16.7 per cent interest with plans to raise that to 20 per cent
Who will benefit from Ehsaas Kafaalat Programme?
ISLAMABAD, Pakistan: Prime Minister Imran Khan has formally launched the “Ehsaas Kafaalat Programme”, under which Rs 2,000 stipend will be paid per month to the most deserving and poorest women across the Country through a digital payment system based on transparent mechanism. Under the programme, one million deserving families in 70 Districts will begin receiving Kafaalat stipends from February to March 2020. The enrollment process of 1 million families in 70 Districts has already been initiated in the first phase while more beneficiary families in rest of the Districts will be enrolled systematically by the end of 2020, which will mark the beginning of disbursing the Rs 2,000 monthly stipends to 7 million beneficiaries through the programme. The database of deserving individuals has been established using a variety of modern techniques and technology to ensure the provision of frauds free dignified financial assistance. Meanwhile, all existing eligible beneficiaries of the Benazir Income Support Programme (BISP)…
The pound rises as the UK bids goodbye to the EU — but experts say to brace for a drop of up to 7% if trade talks fail
If the UK ends up back with a so-called hard exit, "we would look for GBP USD to drop 5% to 7% taking us back towards $1.24," one analyst said.
Morrisons could be moving to redundant car dealership site
The John Grose Ford dealership in Framlingham is set to shut up shop today - as rumours circulate that Morrisons could be taking over the site.
EUR/GBP on the defensive around 0.8400 ahead of Brexit
The continuation of the buying interest around the quid is forcing EUR/GBP to recede further ground and briefly test the area of 2020 lows near 0.8385
The worst start to a new year since 2016 – Rabobank
The CEEMEA currencies are on track to end January on the back foot marking the worst start to a new year since January 2016, writes Piotr Matys – Seni
USD/JPY pares early gains, turns flat below 109 ahead of US data
The USD/JPY pair struggles to make a meaningful recovery on Friday as investors continue to stay close to safe-haven assets such as the JPY amid heigh
Woman wins appeal over family home possession order
Heather Cody alleges mortgage fraud against her husband and Bank of Ireland
SBI profits zooms 41% to ₹5,583 crore in Q3
State Bank of India, on Friday, reported a robust 41 per cent jump in net profit at ₹5,583 crore in the third quarter ended December 31, 2019, along with an improvement in asset quality. The bank sa
Brexit Day: Businesses see promising India-UK ties ahead
Leading trade organisations and Indian entrepreneurs see this as an exciting time for the India-UK trade and economic partnership to be taken to a new level.
Non-Vegetarians Saving More Under Indian Prime Minister Modi, Government Data Shows
New Delhi (Sputnik): India’s federal Finance Ministry’s Economic Survey – a snapshot of the state of economy of the country during 2019-20, has a new chapter titled “Thalinomics: The Economics of a Plate of Food in India”. The government claimed it was an attempt to quantify what an average person pays for a Thali (Plate) of food.
137 countries start work on tax rules for tech giants; Tim Cook backs approach
Officials from 137 governments have begun work on new international tax rules for tech giants. The new rules will be designed to ensure that tech ...
Indonesia: Year in review 2019
Indonesia recorded year-on-year (yoy) growth of 5.02 percent in the third quarter of 2019, slightly down on earlier projections of 5.1 percent, as well as on second quarter levels of 5.05 percent yoy. This figure was the lowest rate of growth since mid-2017, as investment, household spending and government spending all saw subdued growth.
FINRA’s Executive VP for Regulatory Policy to Retire
FINRA announced this week that its Executive Vice President for Regulatory Policy and Legal Compliance Officer, Tom Selman, will be retiring.
Opinion: Is Enmax paying its fair share into City of Calgary coffers?
For Calgary’s economy, 2019 was a terrible year, marked by ongoing troubles in the energy sector and a downturn in construction. Not surprisingly, the city’s weak economic performance h…
China to fly overseas citizens back to virus-hit Hubei province
BEIJING: The Chinese government has decided to send charter planes to bring citizens from virus-hit Hubei province who are overseas back "as soon ...
Fiscal deficit hits 132% of estimate till Dec on slow revenue collection
The government aims to restrict the gap at 3.3 per cent of the GDP or Rs 7,03,760 crore in the year ending March 2020
Friday Dubai Metro Red Line timings changed
Work ahead of Expo 2020 means morning timings have changed on Dubai Metro
The daily business briefing: January 31, 2020
Brexit day arrives, Amazon shares surge, and more
Boeing Credit Rating Slashed Amid Plane Maker’s Ongoing 737 MAX Fiasco
Moody's warns Boeing also remains
World Bank calls for stronger tax collection to bring 115 million Indonesians into middle class
World Bank acting country director for Indonesia Rolande Pryce said the government’s plan to relax corporate income tax, among other things, would reduce the tax-to-GDP ratio by 0.5 percent. Indonesia’s tax to GDP ratio stands at 10.7 percent in 2017, the lowest among regional peers.
EU top court stays out of Croatia-Slovenia border row
The EU's top court ruled on Friday that it had no jurisdiction to settle a border dispute between Slovenia and Croatia. Slovenia had argued that its fellow EU member could be sued under EU law because it was not implementing a 2017 border ruling by the in...
Economic Survey 2020 explains why the rich are good for economy
Economic Survey 2020: Survey says wealth created by entrepreneurs correlate strongly with wealth created by employees, and that greater wealth creation in a market economy enhances welfare for all
‘Rich people own stocks. Poor people own houses’
A roundup of what The Globe and Mail’s market strategist Scott Barlow is reading today on the Web
Airtel Announces Best Data Prices to Woo More Customers
Airtel Kenya is back with a brand new offer that could give its rivals a run for their money...
Stage set for gradual recovery in broader markets over next year: Sunil Subramaniam, Sundaram MF
Things are not going to recover right from tomorrow but over the next three to six months, one can definitely see the underpins of an economic recovery, says Sunil Subramaniam, MD & CEO, Sundaram Mutual Fund.
As Trade Tensions Ebb and Chip Prices Recover MU Stock Is a Buy
After being battered by market forces and a trade war for over a year, Micron is positioned for growth, and that should propel MU stock.
Plug Power - Business Update Call Takeaways - Company Signs Third Anchor Customer
Discussing key takeaways from Thursday's business update call. Company reported FY2019 gross billings at the lower end of the projected range and guided for approximately 27% top-line growth and mater
Goldman Sachs warns Wuhan coronavirus will hit US economic growth this quarter
Goldman Sachs warned on Friday that Wuhan coronavirus is likely to hit US economic growth.
Bold reforms needed to achieve 6-6.5% growth in FY21: Experts, industry
Leader Economic Advisory Services at PwC India Ranen Banerjee said attaining the projected growth rate of 6-6.5 per cent will be challenging
SK Hynix to make deep capex cut; virus spread may threaten chip output
SEOUL (Reuters) - South Korea’s SK Hynix, the world’s No.2 memory chip maker, warned a new virus outbreak in China could pose a threat to chip production and said it would sharply reduce annual investment after posting a steep fall in quarterly profit.
What every Canadian investor needs to know today
A look at the morning’s market action
Infor strikes cost-saving partnership with Wellington-Altus
The partnership is a return to a full-service approach that’s worked in the past for founders of both Wellington-Altus and Infor, who came from large investment banks with significant wealth-management divisions
Three companies to process seaweed produced by farmers of Palk Bay region
Memoranda of Understanding were signed to this effect by the Fisheries Department on Thursday
Economic Survey: 5,151 smart city projects at various levels of execution
On Pradhan Mantri Awas Yojna-Urban (PMAY-U) programme, the Survey said the scheme was launched in June, 2015 to provide "pucca" house with basic amenities to all eligible urban poor
Singapore to suspend entry to travellers, including transit passengers, with recent China travel history
SINGAPORE, Jan 31 — Singapore said today it was suspending entry to travellers with a recent history of travel to China and suspending visas for Chinese passport holders, to stop the spread of the coronavirus. The ban, effective from tomorrow, will exempt Singaporean residents and work permit...
Warren Buffett's big Amazon investment is finally paying off, 8 months after he lamented not buying sooner (AMZN, BRKA)
Warren Buffett spent years watching Amazon soar from the sidelines, before his holding company Berkshire Hathaway started purchasing shares earl...
How major US stock indexes fared Friday
Stocks fell sharply on Wall Street Friday as investors feared that a virus outbreak that originated in China will dent the global economy. Technology companies, which do a lot of business with China, led the losses. Airlines fell after Delta and American suspended flights to and from China. The sell-off erased the S&P 500’s gains …
Amazon CEO Jeff Bezos added $13.5 billion to his fortune in 15 minutes
Jeff Bezos may have been the only ultra-wealthy billionaire who failed to get richer in 2019, but he’s making up for it in 2020.
Market LIVE: Sensex, Nifty subdued as Economic Survey throws fiscal, economic challenge for government
Around 3.15 PM, S&P BSE Sensex was trading 0.51 per cent or 209 points lower at 40,703.84 while broader Nifty 50 index breached the crucial 12,000-mark and was ruling at 11,955 points
Notable turnaround in mineral production due to policy reforms: Survey
India produces as many as 95 minerals which include 4 hydrocarbon energy minerals, including coal and lignite; 5 atomic minerals, 10 metallic, 21 non-metallic and 55 minor minerals.
Tourism Vancouver strengthens Asia Pacific expertise appointing GAO Group as new agency
VANCOUVER, BC, CANADA - Tourism Vancouver announced the appointment of a new agency, GAO Group International, to support regional sales efforts in Asia Pacific. Effective January 2020, GAO Group will be Tourism Vancouver’s official agency offering their services to support the organization’s Asia Pacific corporate incentive business development programs. From GAO Group’s head office in Melbourne and their regional office in Shanghai, they are perfectly positioned to promote Vancouver as a must visit Incentive Travel destination across the broader region. GAO Group
French and Italian economies shrink as Eurozone slows
The French and Italian economies both unexpectedly contracted in the final quarter of the year as the struggling Eurozone caps off a year of weak growth.
Mastercard invests in online and offline identity startup Trust Stamp
Mastercard has made a strategic investment in AI-generated identity authentication company Trust Stamp.
BOJ warns of cyber-attack vulnerability ahead of Olympic Games
The increasing threat of cyber-attacks has prodded the Bank of England
Mobile money transactions now at 721 million – Techjaja
Uganda’s mobile financial sector has been growing with increasing number of mobile money subscribers ever since its inception. Uganda Com
American Airlines, mechanics union reach tentative US$4.2 billion contract deal
American Airlines Holdings Inc and its mechanics union announced tentative joint collective bargaining agreements on Thursday covering five ...
Cover brief for The Oklahoman's Business section on Jan. 31, 2020
WOODWARD Chemical plant evacuated in gas leak No injuries were reported as part of a hydrogen chloride leak at a chemicals plant that forced an emergency evacuation Thursday afternoon. Erin Hatfield, spokeswoman for the Oklahoma Department of Environmental Quality, said the agency was informed by the City of Woodward/Woodward County Office of Emergency Management that no one had been hurt. Hatfield said local emergency management officials told the agency the leak was caused by a valve malfunction at Deepwater Chemicals. Hatfield said DEQ was informed that the valve released the colorless gas into the plant's stack, prompting an evacuation order issued about 2:35 p.m. The gas, when exposed to
Warren Buffett’s lesson for companies: keep candid
Apple, Facebook and Microsoft are among the groups depriving investors of information
Too soon to tell economic impact of Wuhan coronavirus on China: IMF chief
It is still too soon to gauge the economic impact of the virus outbreak on China's economy, beyond the first three months of the year, ...
ABN Amro signs cloud and DevOps deals with Indian vendors Infosys and TCS
Infosys has signed a multi-year, multi-million euro contract with ABN Amro Bank to accelerate its cloud and DevOps transformation journey. The Dutch bank has also signed a separate cloud migration and DevOps deal with fellow Indian vendor Tata Consultancy Services.
Sensex drops 190 points; Nifty ends below 12K
All eyes have now turned to the Union Budget, scheduled to be presented on Saturday.
Friday’s small-cap stocks to watch
Our roundup of Canadian small-caps of between $100-million and $2.5-billion in market capitalization making news and on the move today
India forecasts faster economic growth, warns of fiscal challenge
The government estimates GDP will grow 5% this fiscal year, which ends on March 31. That would be the slowest growth since the global financial crisis of 2008-09
Hong Kong stocks close lower
HONG KONG, Jan 31 — Hong Kong shares closed down today, shedding their earlier gains and adding to a dismal week on one of Asia’s biggest bourses. The benchmark Hang Seng Index fell 0.52 per cent, or 136.50 points, to close at 26,312.63. Mainland Chinese markets were still closed for the...
Minister of Transport and Communications meets Senegal’s Minister of Tourism and Air Transport
Minister of Transport and Communications, H E Jassim bin Saif bin Ahmed Al Sulaiti held talks at the Ministry offices yesterday with the Minister of Tourism and Air Transport of the Republic of Senegal, H E Alioune Sarr.
10am Transfer news LIVE: Giroud LATEST, King to United rejected, Adolfo Gaich eyed and Aubameyang update on Deadline Day
THE January transfer deadline is TONIGHT with many potential deals still to be done. Barcelona have eyes on a number of forward targets including Pierre-Emerick Aubameyang, Chelsea’s Willian …
The EU’s Risky Green Taxonomy
European Union member states and the European Parliament are soon expected to adopt a so-called “taxonomy” for classifying green investments, after reaching an agreement last month on a list of “sustainable” economic activities. Once the new system enters into force, most likely this year, the European Commission will use this list to determine which financial assets and products are sustainable. This taxonomy is the backbone of the Commission’s regulatory package on sustainable finance, which has the ambitious goal of “reorient[ing] capital flows towards sustainable investment, in order to achieve sustainable and inclusive growth.” The Commission hopes that the new labelling scheme will address the problem of market players “greenwashing” non-sustainable financial products and serve as the basis for policy incentives to promote sustainable investment. To be fit for purpose, however, the taxonomy must address three important questions. Unfortunately, the EU’s one-dimensional approach disregards two of the three…
The Next AMD Stock Buy Opportunity is Coming … Just Not Yet
Longer-term AMD stock investors have every reason to see more upside in shares, but trimming risk and waiting to accumulate shares on a more meaningful correction is smart business today.
House Prices, Rent Dip In Nairobi As Landlords Become Less Demanding
House prices and rents in Nairobi dropped marginally for the year 2019, a new study by realtor HassConsult has revealed.According to the study, rents dipped by 2.1 per cent in Nairobi while those
5 things about India you probably didn't know before Friday's Economic Survey
The Survey highlighted that there are quite a few signals that the Indian economy may have bottomed out.
Economic survey: Slowdown bottomed out, uptick from here onwards, says CEA
The Economic Survey 2019-20, prepared by a team lead by Subramanian, has projected the GDP to expand in the range of 6-6.5 per cent during 2020-21
1% Bitcoin No Longer ‘Crazy’ for Portfolios, Says Morgan Creek CEO
Morgan Creek founder and CEO Mark Yusko says Bitcoin is one of the most asymmetric assets he has ever seen in his career as a fund manager.
Economic Survey 2020 to give roadmap for $5 tn economy
Coming at a time when India's nominal economic growth, not adjusted for inflation, has been the worst in 42 years, the Economic Survey, to be presented in parliament by around 12.30 pm, is hugely
Nexus guarantees European prices ahead of Brexit
Nexus Collections is freezing all prices ahead of the UK leaving Europe on 31st January, 2020. Any potential increased costs in terms of products, delivery or overhead that are a direct result of Brexit will be absorbed by Nexus Collections, a leading supplier of conference bags and conferences supplies. As a leading provider of conference supplies, such as bags and promotional items, including sustainable goods, Nexus Collections sources products from a number of destinations and delivers them to countries all over
Rly passenger volume up by 1.85%, freight loading rose by 5.34% in 2018-2019: Eco Survey
Commenting on the cleanliness parameters of the national transporter, the survey stated that for railways which covers over 8,700 stations and carries around 230 lakh passengers daily with clientele of varied socio-economic backgrounds, cleanliness was a continuous process.
Rail passengers in East Suffolk face weeks of bus trips during track work
Rail passengers in east Suffolk face three weeks of disruption from Monday when Network Rail starts a major resignalling programme on the lines between Lowestoft and Norwich.
Eurozone economy barely grows in Q4 as France, Italy shrink
BRUSSELS — The eurozone economy, made up of the 19 countries that use the euro, barely grew in the final quarter of 2019 as both France and Italy contracted, official figures showed Friday. In its first estimate for the quarter, statistics agency Eurostat said the eurozone grew by only 0.1% from the previous three-month period. …
Tax rule changes mean millions of people will get an extra £104 a year from April
31 million people will see some extra cash in their accounts
How to remove a big obstacle to buying a house: debt
It’s not impossible to buy a house if you’re in debt, it’s just more challenging. Here are some steps to take.
Virus poses stark challenges to Abe's tourism goals as Tokyo Olympics loom
The coronavirus outbreak is posing myriad challenges for the Japanese economy, including a key Abe administration policy initiative — the promotion of inbo
Rural students spend more than urban counterpart on books, stationery, uniform: Eco Survey
As per the Economic Survey 2019-20 tabled in the Parliament by Finance Minister Nirmala Sitharaman, the absence of suitable financial support system and high burden of course fee, especially in higher education, pushes the poor and underprivileged out of the education system.
Trump appears to mock Pelosi by handing out pens during USMCA signing
The president laughed as he handed out pens, appearing to mock House Speaker Nancy Pelosi, D-Calif., for a gesture many saw as distasteful.
Eco Survey has right vibes; will Budget reflect same thinking, asks D-Street
Here is what economists and analyst read into the fine prints of the survey.
Anti-virus maker Avast shutters data harvester Jumpshot
Privacy scandal news saw share price fall off a cliff.
Irish PM says EU, Britain not that far away on trade
DUBLIN (Reuters) - The European Union and Britain are further apart in rhetoric than substance as they begin future trade talks, Irish Prime Minister Leo Varadkar said ahead of Britain’s departure from the bloc on Friday.
Highlights of CEA Subramanian press meet on Economic Survey: from 'wealth creation' to ‘Thalinomics'
Mr. Subramanian stressed that India’s aspiration to become a $5 trillion economy depends critically on promoting “pro-business” policy and moving away from “pro-crony” policy.
Market Wrap, Jan 31: Sensex tanks 190 pts, Nifty below 12K ahead of Budget
State Bank of India posted a 41 per cent year-on-year growth in the standalone net profit at Rs 5,583 crore - its highest ever quarterly net profit-- for the December quarter of FY20
German fund acquires planned office space on former PJ Carroll’s site
Deal sees Union Investment forward fund property which US group Hines is developing
How to become a millionaire – Anyone can do it
Here’s how to become a millionaire, anyone can do it! Including you. You just have to put your money and mind to it.
Paper plant destroyed by massive fire reopens in Elmwood Park
Exactly one year later, the Marcal Paper Plant reopened after being destroyed by a massive fire in Elmwood Park, New Jersey.
QFMA to further boost Qatari capital market: CEO
The Qatar Financial Markets Authority (QFMA) is working to further improve the performance of Qatar’s capital market, which has previously been ranked among top 10 financial markets in the world in various indicators related to measuring capital market performance.
Johnson & Johnson ordered to pay US$344 million over pelvic mesh claims
A US judge on Thursday ordered Johnson & Johnson to pay $344 million for false and deceptive marketing of pelvic mesh products used by tens of ...
Willy Mutunga Lashes Out At Executive, Parliament For Frustrating Judicial Independence
With increasing concerns of the Executive trying to muzzle the Judiciary by reducing its budget, former Chief Justice Willy Mutunga has weighed in on the matter, lashing out at the National Assembly f
Italy to let passengers off cruise ship after coronavirus scare
Italy's institute for infectious diseases examined samples taken from a Chinese woman ill with fever
Megallan Midstream reports weaker net income for fourth quarter, year over year
TULSA — Market-to-market commodity-related adjustments pushed Magellan Midstream Partners’ net income lower in the final quarter of 2019, the company reported on Thursday. Before markets opened, the company reported it earned a fourth-quarter net income of $286.4 million, or $1.25 per unit, on total revenues of about $740.7 million. In the fourth quarter of 2018, it had earned a net income of $314.1 million, or $1.38 per unit, on total revenues of about $865.7 million. Company officials said Magellan’s distributable cash flow for the fourth quarter of 2019 was a record $357.8 million, compared to $302.4 million the same period the previous year. As for the full year, Magellan reported a net income of about
Short-term labour shortages on cards for Suffolk and Norfolk farms post-Brexit
East Anglia's farmers are set to count the cost of Brexit with a labour squeeze and higher costs - although there will be opportunities to develop stronger domestic supply chains, a report suggests.
Coronavirus: 400 Indians to be airlifted from Virus-hit China
China has imposed a lockdown in the city following the outbreak of the virus
Podcast: Economic Survey (Round-up)
The Economic Survey stated that the Indian economy is expected to grow 6-6.5 percent in 2020-21.This GDP growth forecast is seen as somewhat ambitious, given that Indian economy is widely expected to
Budget Session: President Kovind hails Citizenship Amendment Act, but remains silent on NRC
Some Opposition members shouted ‘shame shame’ and displayed banners as soon as the president made the remarks in Parliament.
'Old Slogans and Old Cliches': India's Ex-Finance Minister Slams Gov't Approach to Economic Slide
New Delhi (Sputnik): The Indian economy's growth rate witnessed a six-year low in the second quarter (July-September) of 2019; the Reserve Bank of India has cut the year's growth projection to 5 percent from the 6.1 percent projected in October 2019.
Indian Origin, IIT Kanpur Graduate Arvind Krishna Elected New CEO Of IBM
After a “world-class succession process”, American IT giant International Business Machines (IBM) has named Indian-origin technology executive Arvind Krishna as the new Chief Executive Officer succeeding Virginia Rometty, reports India Today.
Economic Survey launches 'Health Score' to detect liquidity issues in NBFCs
A sudden payment default without any prior warning by Infrastructure Leasing and Financial Services (IL&FS) in August 2018 had triggered panic and caused liquidity crisis in the NBFC sector
New Great Dyke platinum mine opens
Great Dyke Investments yesterday started mining on its Darwendale concessions after years of preparation.
Market Highlights: Sensex slips 190 points, Nifty ends below 12,000 ahead of Budget 2020
Share Market, Stock Market Highlights: Everything that happened in the markets.
Barneys in Legal Battle With Ex-Employees Over Severance Claims
The company calling them "improperly classified claims."
Budget session should be focused on economic matters: PM Modi
He also said that the session should be focused on economic matters and how India can take advantage of the current global economic situation.
Is India's GDP growth overstated? Economic Survey counters Arvind Subramanian, others
Beginning from Arvind Subramanian, several economists and international agencies have raised doubts over India's GDP growth rate figures in past one year. The Economic Survey 2020-21 rejects the charge.
Triodos Bank CEO: 'Bankers should be eco-warriors'
Presenting at the Bristol Distinguished Address Series, Dr Bevis Watts, chief executive of Triodos Bank UK spoke on the essential role banking must play in driving action on climate change.
Even This Cheap, It’s Hard to Make a Case for Chesapeake Energy Stock
Could Chesapeake Energy stock rally 20% to 30% from here? Yes. But that doesn't mean CHK stock doesn't have risks. In fact, far from it.
CBR preview: Dealing with more uncertainties – Nordea
Analysts at Nordea Markets expect the Central Bank of Russia to leave its key rate unchanged at 6.25% at its meeting next Friday but maintained their
112 layer flash to be sampled in Q1
Kioxia, the renamed Toshiba, says it will sample a 112-layer TLC flash in Q1. It is the fifth-generation BiCS FLASH 3D flash memory.
Facebook and Google are fighting coronavirus misinformation
Google and Facebook are attempting to stay ahead of coronavirus conspiracy theories and fake cures.
NYSC members jubilate as they receive N33k monthly allowance
NYSC members have taken to social media in excitement over their ‘allawee’ increment. The happy corps members were seen on Twitter with hilarious memes about how they intend to spend their money.
Editor’s note: Cheering failure might sound preposterous – but don’t knock it until you’ve tried it
There’s no shame in admitting defeat. To prove it, the February issue of Report on Business magazine features eight inspiring leaders telling us what they learned from their biggest mistakes
Economic Survey 2020 pushes for privatisation of education, flexible labour laws
Economic Survey 2020: Survey calls for increasing literacy levels rapidly through institution of more schools and colleges; vouches for important policies that boost ease of doing business
Snowfall warning for Hwy 1
UPDATE 10:29 a.m. DriveBC has now issued a travel advisory for Highway1 in both directions between Columbia River Bridge and the B.C. Alberta Border for 219.5 km, Revelstoke to Field.
El Al Suspends Flights to China Due to Coronavirus Outbreak
The Israeli national airline follows British Airways, United, American, Air Asia, Finnair, Air India and Lufthansa in cancelling flights due to the epidemic • Flights to Beijing to resume on March 25.
Cutting down waste: Jakarta's traditional markets to drop single-use plastic bags by July
As an alternative, vendors are expected to educate and provide their customers with ecofriendly bags.
Chinese envoy to UN: Confirmed coronavirus cases in China at 9,809 with 213 deaths
The total number of confirmed coronavirus cases in China stands at 9.809 with a death toll of 213, China's Permanent Representative to the UN, Zhang J
Need to address key challenges in farm sector for doubling farmers' income: Survey
Issues such as investment in agriculture, water conservation, improved yields through better farming practices, access to market, availability of institutional credit, increasing the linkages between agricultural and non-agricultural sectors need urgent attention, it said.
Clear skies over most parts of Oman
PACA said in its forecast for Friday
Millennials Aren’t Spending All Their Money on Avocado Toast, Actually
They are burdened by student loans, but new data shows they have saved more for retirement than Gen Xers did at the same age.
Two years on, Alandur foot over-bridge awaits opening
The Alandur Metro Station has an entry/exit only on one side of the road, and the foot over-bridge would be very useful for commuters
Economic Survey: Need to address challenges in farm sector to double income
The food processing sector is growing at an average annual growth rate of more than 5 per cent over the last six years ended 2017-18, it added
Bicycle, walking paths big parts of $12M Salem Avenue upgrade, public hears
DAYTON — Dozens of Dayton residents turned out to learn more about the city's plan to spend $12 million to redo Salem Avenue, a three-phase project scheduled to begin in 2021.
What can you do if a potential employer ‘ghosts’ you?
Ghosting is on the rise in workplace circles too, experts say, as technology is making it easy to both apply for jobs and ignore communication efforts
Eurozone Preliminary CPI rises 1.4% YoY in Jan, meets estimates
According to Eurostat’s flash reading of Eurozone CPI report, the annual reading came in at +1.4% in October, meeting expectations of +1.4% and +1.3%
Economic survey predicts GDP to be between 6 and 6.5%, wants government to deliver expeditiously on reforms to revive growth
The Economic Survey 2019-20 tabled in the parliament on Friday predicted the GDP growth between 6% and 6.5% in the fiscal year starting 1 April.
U.S. could face difficulties sanctioning Danske over money-laundering: report
COPENHAGEN (Reuters) - U.S. authorities could face difficulties fining Danske Bank (DANSKE.CO) over its involvement in suspected money-laundering in Estonia, according to a report by S&P Global Market Intelligence.
It Grows
Evil had a great holiday season: Amazon now has over 150 million Prime subscribers, the company announced in Q4 2019 numbers released on Thursday. The massive growth numbers sent the company’s market cap surging to over $US1 ($1) trillion and made CEO Jeff Bezos an estimated $US13.2 ($20) billion in a matter of...
Russia proposes raising Turkish tomato import quota by 50,000 T -RIA
MOSCOW, Jan 31 (Reuters) - Russia's Agriculture Ministry on Friday proposed increasing Turkey's tomato import quota by 50,000 tonnes to 200,000 tonnes, the RIA news agency reported.Russia lifted a ban on vegetable imports from Turkey in November 2017 but set quotas as tensions between the two countries eased after Ankara apologised for downing a Russian military jet. (Reporting by Maria Kiselyova; writing by Tom Balmforth; editing by Jason Neely)© Copyright Thomson Reuters 2020. Click For Restrictions - http://about.reuters.com/fulllegal.asp
Eurozone Preliminary GDP arrives at 0.1% QoQ in Q4, misses estimates
The Eurozone economy eased its pace of expansion at 0.1% on quarter in the three months to December of 2019, missing +0.2% expected, the first estimat
India must focus on network products to export like China: Economic Survey
Among the major Asian countries, India and Indonesia are the only ones with a trade deficit in such products
Localized Peer to Peer Lender Folk2Folk Reports Record Amount Invested via IFISA
Folk2Folk, a localized peer to peer lending platform, is reporting a "record year" regarding its Innovative Finance ISA (IFISA) offering during 2019. The comp
SBI profit jumps 41 per cent to Rs 6,797 crore in Q3 on lower provisioning
On a standalone basis, SBI's net profit jumped 41.2 per cent to Rs 5,583.36 crore in the third quarter of the current fiscal compared to Rs 3,954.81 crore during the corresponding October-December period in the same period a year ago.
New coronavirus outbreak affects tourism in Canada
Tour companies and hotels in destinations popular with Chinese tourists are starting to see cancellations after a new form of virus that has led to mass quarantines and 170 deaths in China.
Companies' Sensex tenure pared by 80% post liberalisation: Economic Survey
Higher dynamism has helped the emergence of new firms which have challenged the old order, survey notes
It stifles freedom: Economic Survey cautions Modi govt against excessive intervention in market | 10 points
The Economic Survey has said govt interventions often result in undermining the market's ability to support wealth creation and lead to outcomes which are opposite to those intended.
Nintendo CEO says no plans to launch new Switch model in 2020
Nintendo Co Ltd CEO Shuntaro Furukawa said the gaming company has no plans to launch a new Switch model this year.
Zameen.com synergises data, technology and expertise to reboot Pakistan's property sector
The game-changing tool Property Bank aims to make unaddressed property listings approachable
Economic Survey 2020: Need to address rising food bill, revisit PDS rates
The food subsidy bill has increased from Rs 1,13,171.2 crore in 2014-15 to Rs 1,71,127.5 crore in 2018-19, it said adding that the reasons for widening of the food subsidy have been many
Americans spent at slowest pace in 3 years in 2019, threatening powerhouse of US economy
Consumer spending is closely watched because it drives about two-thirds of gross domestic product. But there are signs that households are start...
MMDA extends free Pasig River ferry rides
The ferry service runs from Pinagbuhatan in Pasig City to Escolta in Manila, with 11 stations: Pinagbuhatan, San Joaquin and Maybunga in Pasig City; Guadalupe, Valenzuela in Makati City; Hulo in Mandaluyong City; and Lambingan, Sta. Ana, PUP, Lawton, Escolta in Manila City.
Astellas files new application for expanded use of roxadustat in Japan
Astellas has set its sights on extending the use of roxadustat into Japan, for the treatment of anaemia associated with chronic kidney disease (CKD) in non-dialysis patients.
Explained: The ugly truth about India’s adherence to the FRBM Act
By completely ignoring Revenue Deficit, and only focusing on containing Fiscal Deficit, the government has ensured that the FRBM Act now hurts growth – which is exactly opposite of what fiscal consolidation was supposed to do.
NBFCs: Survey’s new diagnostic tool ‘Health Score’ may help avert liquidity crisis
The recent funding crunch in the economy caused by the blowouts in the NBFC sector (IL&FS, DHFL etc) over the last two years has clearly prompted the Government to look at the problems of fina
Nigerians to pay more for data, calls as telcos apply new VAT
The Association of Licensed Telecommunications Operators of Nigeria (ALTONS) said it will start implementing the country's new 7.5% Value Added Tax (VAT) increase from Saturday, February 1 2020.
Amazon CEO Jeff Bezos added $13.5 billion to his fortune in 15 minutes
Jeff Bezos may have been the only ultra-wealthy billionaire who failed to get richer in 2019, but he’s making up for it in 2020.
Over 200 DP&L customers still without power in Montgomery County
— There are now over 200 Dayton Power & Light customers without power in Montgomery County.
Coca-Cola: A Solid Quarter, But Coke Is Maxed Out
Coca-Cola wrapped up its FY2019 with a solid quarter that saw organic revenues surpass analyst estimates.While the balance sheet is reaching an inflection point that should see deleveraging results in
Smart City Mission: 5,151 projects at various stages of implementation, says Survey
Talking about achievements of 'Smart Cities Mission' (SCM), the Survey said all 100 cities under the mission have incorporated SPVs, City Level Advisory Forums (CLAFs) and appointed Project Management Consultants (PMCs). "Since the launch of the mission, 5,151 projects worth more than Rs 2 lakh crore are at various stages of implementation in the 100 cities," it added.
US pilots, cabin crew demand China flights halt on virus fears
US airlines cut hundreds of flights to China and State Department advises people not to travel there due to outbreak.
Sterling extends gains after BoE keeps rates on hold
LONDON, Jan 31 — The British pound extended its rally today for a second consecutive day following the Bank of England’s decision to keep interest rates steady on signs of a post-election pick-up in growth. But analysts said the rally may be short lived. The United Kingdom exits the European...
The Flippening: Stablecoins’ Transfer Value On The Ethereum Network Just Surpassed ETH
Stablecoins now have a larger share of value transferred on the Ethereum network than its native cryptocurrency – ETH. Even though the continuously
Government welcomes Fonterra’s boiler move
A move by Fonterra to end its use of coal at its Te Awamutu site and use wood pellets to fuel its boiler illustrates how industry can play a major role in decarbonising the economy, says Energy and Resources Minister Megan Woods.
All Travellers in the Beijing Metro will be Checked for Fever
All passengers at all metro stations in Beijing will be checked for fever as a measure for the preventionof the spread of pneumonia caused by the new virus. This was noted in an official statement by the management, TASS reported.
Swiping their way higher: Visa, Mastercard could be the next US$1 trillion companies
Tech and internet titans were the first to reach US$1 trillion in stock market value, but the next U.S. companies that could do so are better ...
Pound-to-New Zealand Dollar Rate Risks Correction as RBNZ Shifts into "Neutral" Gear
The British Pound Sterling vs the New Zealand Dollar: Latest GBP/NZD News and Analysis
A labor attorney explains the work rules around getting sick in the office, whether you’re facing a small cold or the coronavirus
With the outbreak of coronavirus dominating headlines, it is a great time to dust off the company policy on dealing with flu season and infectious diseases in the workplace. Contagious diseases are particularly troublesome subjects for companies, as there’s a wide variety of circumstances and cultures on the wisdom of working through a sickness. Some managers reward employees who “tough it out” and show up under the weather, while other company cultures encourage sick employees to work from home or stay away altogether.
Economic Survey's Thalinomics suggests meal more affordable for common man
The survey states that across India and also the four regions -- North, South, East and West -- it is found that the absolute prices of a vegetarian thali have decreased significantly since 2015-16 though the price has increased in 2019.
Canada's first P2P consumer lender preps launch
Canadian regulators have given the greenlight for the country's first peer-to-peer lending platform for consumer loans.
‘Life-threatening’: Airport staff demand halt to flights from China
Staff at airports across Australia are threatening to walk off the job unless they are allowed to do more to protect themselves from the deadly coronavirus.
Consumers relatively upbeat in latest confidence index
Low interest rates and a stronger housing market are keeping consumers relatively buoyant. The ANZ-Roy Morgan Consumer Confidence Index was unchanged at 123 in January, sitting around its best level in more than a year. Consumers were slightly less optimistic about their current position but are slightly more upbeat about the longer term, and more think it's a good time to buy a big-ticket item. "New Zealand consumers are feeling pretty alright about things at the moment - the labour market remains tight, interest rates are low and the housing market is lifting again," ANZ's chief economist Sharon Zollner said. She said the lift in the housing market was likely behind the rise in those thinking its a good time to buy a major household item, which in turn would support the retail sector.
Credit rating agency S&P expected to keep Turkey's outlook unchanged
The U.S.-based international credit rating agency Standard & Poor's S&P is expected to keep Turkey's credit ratings and the overall outlook...
Agricultural Commodities May Be Misreading The Coronavirus
Agricultural commodities are selling off due to poorer-than-expected import quotas regarding the U.S-China trade deal.China and India have skyrocketing food prices that will likely only accelerate hig
Facebook working to curb fake cures on coronavirus outbreak, misinformation
Kang-Xing Jin, Facebook's head of health, said in a post that the social media platform's third-party fact-checkers are reviewing content and debunking false claims related to the coronavirus
NCDMB, Rungas to establish cooking gas cylinder plant in Bayelsa
The Nigerian Content Development and Monitoring Board, NCDMB, yesterday, said it has entered into partnership with Rungas Prime Industries
Coronavirus Outbreak Sends European Stock Markets Into Tailspin
On Monday, US stocks posted their biggest downturn since October 2019 due to fears of the economic impacts of the new SARS-related virus that recently emerged in central China.
Egypt's population nears 100 million, putting pressure on resources and jobs
CAIRO (Reuters) - Sitting in her sister’s apartment on a noisy Cairo street, Rania Sayed one day hopes to leave a city that is becoming more congested as Egypt’s population ticks up to 100 million, a milestone it will pass next month.
Amazon's Jeff Bezos, already the wealthiest person on the planet, just got billions richer
Jeff Bezos, the world's richest person, got billions richer in minutes Thursday as Amazon shares soared in extended trading on news of a killer quarter driven by strong holiday sales.
November GDP beats expectations, but... – RBC
According to Josh Nye, Senior Economist at Royal Bank of Canada (RBC) Economics, a modest upside surprise in November GDP does little to change the na
Appellate court overturns environment court decision on Kibos sugar mill closure
KISUMU, Kenya, Jan 31 – The Court of Appeal in Kisumu has revoked a decision by the Environment and Land Court ordering the closure of the Kibos Sugar - Kenya breaking news | Kenya news today | Capitalfm.co.ke
Role of IR professionals more challenging, says N. Srinivasan
“You should have empathy, be fair and transparent in your approach and must earn the trust and confidence of trade unions and workforce.”
Summer start for new Cloongullane Bridge
MAYO County Council is expected to appoint a contractor for the new Cloongullane Bridge between Swinford and Foxford in May, with work on the €2.5 million project to start in early summer.
Turkey, Lithuania ink economic protocol for greater trade, investment ties
Turkey and Lithuania on Friday signed a protocol for the Economic and Trade Committee JETCO that will pave the way for further expansion of bilateral...
Survey suggests scrapping of 'anachronistic' Essential Commodites Act 1955
"As the conviction rate, however, is abysmally low and raids have no impact on prices, the ECA only seems to enable rent-seeking and harassment. The Survey provides clear evidence that the case for jettisoning this anachronistic legislation is strong," the document said.
Nintendo says no new Switch in 2020
Japanese gaming giant Nintendo said Friday there would be no fresh model of its hot-selling Switch console this year, dashing the hopes of fans ...
Union Budget 2020: How, When and Where To Watch Live Streaming Of Union Budget
Union Budget 2020: Finance Minister Nirmala Sitharaman is all set to present Budget 2020 in Parliament on Saturday at 11 a.m.
Bitcoin Will Be $8 Trillion Economy by 2030, Top Wealth Manager Explains Why
Bitcoin could become an $8 trillion asset by 2030, according to Andy Edstrom of California-based WESCAP Group. The wealth manager said the cryptocurrency
Fidelity Bank reports a 28.5% increase in profit for FY 2019
Earlier today, Fidelity Bank Plc announced its unaudited financial reports for the period ended December 31st, 2019.
Unclaimed dividends increase from N103b to N130b in 2019, returns to public companies ─SEC
Registrars of public companies in Nigeria have returned all unclaimed dividends, which have been in their custody for 15 months and SEC
India on track to meet NDC goals under Paris Agreement: Survey
Swachh Bharat Mission (Urban) was launched in 2014 with twin objectives of ensuring 100 per cent scientific solid waste management and making urban India open defecation free (ODF) to achieve total environmental improvement, the Finance Ministry said in a release.
Ferry contract awarded to Polish shipbuilder that built Salish-class vessels
B.C. Ferries has awarded Remontowa Shipbuilding of Gdansk, Poland, a $92.3-million contract to build an additional liquefied natural gas-fuelled ferry to be delivered in 2022.The new vessel, which . . .
Japan Airlines: 25% of reservations for China flights canceled in past 10 days
TOKYO (Reuters) - Japan’s second-biggest carrier, Japan Airlines Co, has seen 25% of reservations for China flights canceled in the past 10 days, an executive said on Friday, amid growing concerns over the coronavirus epidemic.
Economic Survey 2020 calls for better efficiency at public sector banks
For FY19, PSBs had made a collective loss of Rs 66,000.
A positive, but cautious outlook for M&A activity in 2020
After recent surges in activity in 2018 and 2019, New Zealand’s M&A activity is expected to slow down in 2020, with processes taking longer, and some deals failing to complete.
Champagne discusses coronavirus response, evacuation with China counterpart
OTTAWA — Foreign Affairs Minister Francois-Philippe Champagne has spoken to his Chinese counterpart about the coronavirus outbreak, a day after the World Health Organization called it a global health emergency.
Coronavirus outbreak: With 5 doctors on board, Air India's B747 plane departs from Delhi to Wuhan
Air India's 423-seater jumbo B747 plane took off from the Delhi airport for Wuhan at around 1.20 pm on Friday to evacuate Indian nationals as China deals with the novel coronavirus outbreak, officials said.
Statistics Canada says GDP edged up 0.1 per cent in November
The Canadian economy edged higher in November, reversing most the decline seen in October, as cold weather helped boost the utilities sector and the construction and retail sectors also gained ground.
Daily Sabah chosen as 'Best Foreign-Language Newspaper' of the year
Daily Sabah won 'Best Foreign-Language Newspaper' in Turkey from the Anatolia Publishers' Association AYD. The award was presented at a ceremony held in...
Hawaiian Airlines posts earnings jump while keeping eye on China virus | Honolulu Star-Advertiser
Hawaiian Airlines’ earnings soared 57.2% in the fourth quarter despite increased capacity that included additional competition from newcomer Southwest Airlines.
Pope Francis promises to help Argentina in debt crisis, president says
VATICAN CITY (Reuters) - Argentine President Alberto Fernandez said Pope Francis had promised him in a meeting to do everything he could to help with his homeland’s debt crisis.
Budget 2020: The inclusive growth of the country
Sunil Khosla Head Digital Business, India Transact Services Limited "Considering the current ecosystem in the country, the annual financial budget 2020 is much awaited and expected to relieve most of the financial segments."
Measures, evacuation as Turkey confronts coronavirus threat
Authorities continue to assure the public all measures are in place amid hoaxes of coronavirus cases in Turkey, while a military cargo plane left for China to evacuate citizens from the virus's epicenter, Wuhan
ICBC adjuster charged
A North Vancouver ICBC claims adjuster has been charged with defrauding and stealing from the Crown corporation.
Wars and viruses: Are robots less prone to market panic?
LONDON (Reuters) - Widely blamed for volatile “flash crashes” in currencies and equities, high-frequency algorithms may also be why shock global events, including the current coronavirus, seem to have lost their power to spook markets for any length of time.
Neither icing nor a cake – Rabobank
Analysts at Rabobank offered a review of Friday's Eurozone GDP figures, which showed that the economy grew by 0.1% q-o-q in the fourth quarter of 2019
Delhi court revives Aircel-Maxis matter against Chidambaram, Karti
Additional Solicitor General Sanjay Jain, appearing for the agencies sought time to file the report, which was allowed
Turkey's 2-year benchmark bond yield drops to single digits
The two-year benchmark bond yield has fallen to single digits for the first time since November 2016
Economic Survey: Wilful defaulters owe Rs 1.4 trillion to lenders
The Economic Survey, tabled in the parliament on Friday, has revealed that the wilful defaulters owe a whopping sum Rs 1.4 lakh crore. As of 2018, wilful defaulters owed their respective lenders
Lucrative speaking circuit helps David Cameron bank £836,000 profit in a year
Former prime minister Theresa May also earned close to £400,000 in the month of December alone through speaking engagements.
U.S. commerce secretary says coronavirus will help bring jobs to North America
U.S. Commerce Secretary Wilbur Ross said Thursday he believed the coronavirus outbreak that has left millions under lockdown in China will help return jobs to the U.S. and Mexico.
Non-food credit growth slides to 7% in Dec 19 from 12.8% a year ago
All four categories - agriculture, industry, services and retail - segments showed deceleration in credit growth
Overwatch Patch 1.45 arrives in early February, adds new content, will beef up anti-cheat efforts
Blizzard has outlined the major content that will be coming with Overwatch Patch 1.45 in early February.
Embraer malfunction similar to 737 Max issue probed by NTSB
Investigators found the captain’s thumb switch that adjusts the trim had been installed upside down.
Pace of road construction less than half that of 2018-19: Economic Survey
Per-day construction drops from 29.7 km in FY19 to 12.7 km in first six months of current fiscal
GE Keeps Proving The Doubters Wrong
GE posted better than expected earnings and cash flow in the fourth quarter of 2019. Management expects free cash flow to rise to between $2 billion and $4 billion in 2020, despite headwinds from asse
Zaharieva: The Bulgarians from Wuhan will Leave China Tomorrow
They have expressed a desire to be removed from the city The three Bulgarians in Wuhan will leave China tomorrow, Deputy Prime Minister and Foreign Minister Ekaterina Zaharieva confirmed in response to a journalist's question today.
Steel & Tube expecting large first half loss
One of the the country's largest steel manufacturers says adverse trading conditions will result in a large first half loss. Steel & Tube warned in November that its first half result would be less than last year's profit, but conditions were worse than expected, further impacting sales revenue and volumes. It was now forecasting a loss in underlying EBIT (earnings before interest and tax) of between $36 million and $37m in the six months to December, compared with a $9.8m underlying profit the year earlier. The result included non-cash charges of $37m related to a write-down in the company's goodwill, as well as $2m in restructuring costs and $2m in debt write-offs. The bottom line would be further affected by another $2m to $3m charge resulting from changes in tax accounting.
Hitachi makes US$5 billion offer for full control of industrial gear unit
Hitachi Ltd said on Friday it would spend 531.1 billion yen (US$4.84 billion) to take full control of industrial equipment unit Hitachi ...
Explained: What is Economic Survey’s strategy for boosting wealth creation?
Economic Survey reiterates PM Narendra Modi's call for increasing “wealth creators” in the economy.
Starbucks opens drive-thru location at The Marshes
The first drive-thru Starbucks on Ireland’s east coast has opened at Marshes Shopping Centre and coffee lovers should keep an eye out for promotions throughout the week. The move has been hailed...
Air India flight with Indians from Wuhan to leave for home on Saturday
While Friday's flight is scheduled to take mostly those stranded in Wuhan, Saturday's flight is expected to take those held up in Hubei province
Global thermal coal prices to fall following coronavirus outburst in China
Thermal coal imports into China are also likely to slow for a time. Already there are reports of Indonesian coal producers being asked to delay loadings. As the largest supplier of coal to China, Indonesia has the most to lose if the situation worsens and electricity demand weakens.
Excavation to Begin on Next Phase of Summerland Oil Well Cleanup
During the week of February 10, 2019, exploratory excavation work will begin on oil wells leaking onto Summerland Beach, as part of the planning for capping up to three more wells on and off the beach – including the notorious Treadwell #10 offshore well (pictured above). The actual capping work will take place during the months of June/July 2020. State Lands Commission staff notified Heal the Ocean of its progress report to the State Legislature, “Coastal Hazards and Legacy Oil and Gas Well Removal and Remediation Program,” which it presented in December 2019 as preparation for this next phase of the cleanup.
Economic Survey maintains $5 trillion aim, but can’t avoid references to Great Indian Slowdown
The annual document barely seems to acknowledge that the Indian economy is in the doldrums.
HUL reshuffles top management team
Prabha Narasimhan would replace Priya Nair, currently Executive Director - Home Care who moved as Executive Director - Beauty and Personal Care, the FMCG major said in a statement. Nair will take over from Sandeep Kohli, who will relocate to Dubai as VP – Beauty & Personal Care for our North Africa, Middle East, Turkey and Russia markets, it added.
Tax rule changes will see millions handed an extra £104 from April
31million people will see a cash boost - this is why
Core Sector Growth Recovers To 1.3% In December
The growth was, however, lower than 2.1 percent recorded in December 2018.
Lucrative speaking circuit helps David Cameron bank £836,000 profit in a year
Former prime minister Theresa May also earned close to £400,000 in the month of December alone through speaking engagements.
Market movers: Stocks that saw action on Friday - and why
A roundup of some of the North American equities making moves in both directions today
India bans export of protective masks, clothing amid coronavirus outbreak
India on Friday banned the export of personal protection equipment such as masks and clothing amid a global coronavirus outbreak. It did not give a reason for the ban but it reported its first case of the new coronavirus on Thursday, a woman in Kerala who was a student of Wuhan University in China.
GDP growth for 2018-’19 revised downwards to 6.1%
Earlier it was estimated to be 6.8%. However, slowdown in mining, manufacturing and farm sectors forced the National Statistical Office to change the figures.
Wipro CEO And MD Abidali Z Neemuchwala To Step Down Due To Family Commitment
The Wipro Board of Directors has also initiated a search to identify the next Chief Executive Officer
Chinese planes to bring overseas Wuhan citizens back to virus-hit city
China sent two planes to Malaysia and Thailand on Friday to bring "stranded" Hubei province residents back to the virus-stricken city of Wuhan, authorities said.
Ride-hailing firm Ola to start in London on Feb 10 with over 20,000 drivers
Will be fully operational from day one, firm aims to offer a differentiated experience with features such as 24/7 helplines for drivers and customers and in-app emergency button
Ultrasound firm suspended by health bosses goes into voluntary liquidation - leaving several members of staff unpaid
'Obviously we are very upset'
'Budget 2020 must focus on Digital India, Nasscom, IT'
Dr Amit Nagpal, President, Bloggers Alliance The first priority of Budget 2020 should be Digital India.
Slowdown bottomed out, GDP expected to grow at 6.5 per cent: Chief Economic Adviser
The Economic Survey has projected the GDP to expand by 6-6.5 per cent
Canada’s economy bucks forecasts, posts surprise gain
Statistics Canada says GDP grew by 0.1 per cent in November despite impact of rail strike, pipeline disruption; economists had expected no increase for the month
ZESA Announces City Wide Electricity Blackout…Check Areas And Time
ZESA Announces City Wide Electricity Blackout Power utility ZESA has announced that there will be a city-wide electricity blackout on Sunday. According to the struggling power utility, during the 12-hour blackout, it will be carrying out essential maintenance. The blackout will cover the majority of the capital and will last from 6 am to 6 …
Airbus paying $4-billion to settle corruption probe, exposing bribery allegations
The plane maker has been investigated by French and British authorities for suspected corruption over jet sales dating back over a decade
Gold steadies around $1,580, looks to post highest monthly close since April 2013
After closing the previous day with small losses near $1,570, the XAU/USD pair edged higher on Friday and remains on track to register its highest mon
Eaton maintains its B-BBEE Level 1 status
Eaton has maintained its B-BBEE Level 1 status for the third year in a row setting the lead amongst the top power management companies in South Africa.
Coronavirus - Is India prepared? | TheHealthSite.com
The Wuhan coronavirus is fast spreading across the globe. Political commentator Vedank Singh shares his views on this virus.
Chinese city of Wuhan says it should have acted sooner to contain virus
BEIJING (Reuters) - Wuhan, the epicenter of a coronavirus that has quickly spread beyond China’s borders in recent days, should have taken measures sooner to contain it, the city’s Communist Party chief said on Friday.
Nairobi-based lobby urges Treasury to rescind decision on implementation of turnover tax
NAIROBI, Kenya, Jan 31 – A Nairobi based lobby group representing small traders has appealed to the Ministry of Treasury to halt the implementation of the Kenya breaking news | Kenya news today |
Insolvency law reduces resolution time for stressed assets to 340 days: Economic Survey
The Insolvency and Bankruptcy Code (IBC), which came into force in 2016, provides for market-linked and time-bound resolution of stressed assets. The survey, tabled in the Parliament on Friday, also said resolution under the Code has been much higher as compared to other processes.
Coronavirus outbreak: Indian government begins to evacuate 366 citizens from China's Wuhan
The 423-seater flight is expected to return to Delhi from Wuhan at 2 a.m. on Saturday and another special flight may depart from T3, Delhi on Saturday.
Pricing Your Apartment in a Slow Market
For sellers with high hopes, the reality of the current market can be deflating.
Corporate tax cut to mostly benefit less than 1 pc of companies: Survey
The corporate tax cut announced by FM last Sept will benefit less than 1 pc of firms, as per Economic Survey.
Changi Airport clarifies, says “CAG does not restrict the wearing of masks by those on duty at the airport”
Changi Airport clarifies, says “CAG does not restrict the wearing of masks by those on duty at the airport”
Thousands of Iraqis Write Their Digital History
What allowed the Iraqi protest movement to succeed, from Baghdad to Basra to all the central and southern governorates, is that it is a decentralized grassroots initiative aimed at "overthrowing the corrupt and making fundamental amendments to the el
FG targets $150 billion revenue from Zero-oil plan
FG has disclosed that it is targeting additional $150 billion to the foreign reserves in the next 10 years through its zero-oil plan.
CBOT Trends - Corn, soybeans, wheat steady-down 2 cents per bushel
CHICAGO, Jan 31 (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.WHEAT - Steady to down 2 cents per bushel* Wheat futures mostly lower on risk-off trading ahead of the weekend.* Most-active CBOT March soft red winter wheat futures contract hit resistance at its 20-day moving average during overnight trading session. Consolidation was noted at the 30-day moving average.
China banks borrow from SARS playbook in preparation for market reopening
SHANGHAI: Chinese financial firms will deploy measures used during the SARS outbreak nearly two decades ago to combat the new virus when markets ...
Pilots, flight attendants demand flights to China stop as virus fear mounts worldwide
Pilots and flight attendants are demanding airlines stop flights to China as health officials declare a global emergency over the rapidly ...
As cities grow, the Internet of Things can help us get on top of the waste crisis
Total global waste is expected to double from nearly 2 billion tonnes in 2016 to an estimated 4 billion tonnes by 2050 as consumer-oriented urban populations grow. As population growth increases consumption ...
Unions say workers’ welfare a ‘prime concern’ amid coronavirus outbreak
Airport workers have reported not being given gloves or hand sanitiser, GMB union said.
Shell and TransDiesel to Partner in NZ
31 January 2020
Egypt's population nears 100 million, putting pressure on resources and jobs
Sitting in her sister's apartment on a noisy Cairo street, Rania Sayed one day hopes to leave a city that is becoming more congested as Egypt's population ticks up to 100 million, a milestone it will pass next month. Like many others, she wants to move to one of the new satellite settlements
Britain reports first case of coronavirus infection in two from same family
The two were transferred to a specialist infectious disease unit in Newcastle, northeast England.
GDP growth expected to strongly rebound to 6-6.5% in FY21: Economic Survey
India's economic growth is expected to "strongly rebound" to 6-6.5 per cent in 2020-21 from 5 per cent estimated in the current fiscal, the Economic Survey said on Friday, adding that the government with a strong mandate has the capacity to expedite reforms.
Wall Street opens in red as coronavirus headlines continue to dominate
Wall Street's n indexes started the last day of January in the negative territory as investors continue to react to heightened concerns over the coron
A little-known trucking company surges nearly 58% after Volkswagen makes a surprise offer to buy
Hardly a household name, truck manufacturer Navistar’s stock rose to sudden popularity Thursday, continuing into Friday’s pre-market trading. Shares surged as much as 57.7% Friday after Volkswagen’s trucking arm, Traton, made an unsolicited offer to buy the company for $US2.9 billion, or $US35 per share, Thursday. Volkswagen, which already owns a 16.76% stake in Navistar, said it would pay entirely in cash. The two companies are some of the biggest in the truck-making industry. But to make the acquisition, Volkswagen will have to get the blessing of activist investor Carl Icahn: The billionaire’s fund owns about 17% of Navistar’s outstanding stock, making Icahn Navistar’s single largest shareholder. The offer comes at a time when the broader trucking manufacturing industry is in a slump, with new orders in decline, The Wall Street Journal previously reported. In its most recent earnings, Navistar’s fourth quarter revenue declined versus the year prior. The stock started the year sliding downwards after it trailed…
David Cameron has made £1.6m since Brexit vote in 2016
Former prime minister’s company accounts are made public on UK’s final day in EU
‘We apologize for this failure.’ A judge said a couple missed a chance at a $7,000 tax refund — but now he says they deserved it
The court-ordered refund caps the couple’s four-year quest for the money.
ITC Q3 net profit rises 29% to Rs 4,047.87 cr; net sales up 5.71%
The company had posted a net profit of Rs 3,136.95 crore in the October-December quarter of the previous fiscal
Lucrative speaking circuit helps David Cameron bank £836,000 profit in a year
Former prime minister Theresa May also earned close to £400,000 in the month of December alone through speaking engagements.
Three-bed seaside home in Scotland worth £185k sold for just £45k after £1 auction
A three-bedroom house on offer for just £1 sold at auction for slightly more than that yesterday – going under the hammer for £45,000. Auction House Scotland said a Scottish buyer had snapped up th…
Portion of TTC's Line 1 closed this weekend
Commuters will be faced with yet another subway closure this weekend on Line 1.
Chevron posts steepest loss in a decade after gas writedown
Chevron Corp. posted its biggest loss in a decade after it wrote down the value of North American natural gas fields and returns plunged from overseas refining and oil production.
Government savaged over handling of coronavirus amid growing toll of infections and deaths
The federal Health Minister has savaged Queensland's premier for claiming a lack of communication from the federal government could hamper local containment efforts.
Did Walmart Waste $3.3 Billion on Jet.com?
The e-commerce site is a shell of what it was when the retailer purchased it.
Alleged Forgery: Court admits publisher to N2m bail
An Ikeja Special Offence Court on Friday granted a N2 million bail the publisher of The Interview magazine, Azubuike Ishiekwene, accused of forgery by the Economic and Financial Crimes Commission (EFCC).
A labor attorney explains the work rules around getting sick in the office, whether you're facing a small cold or the coronavirus, Business Insider - Business Insider Singapore
Business Insider - Generally, an employer can require a sick employee to leave work — but those employees won't always be required to get paid.. Read more at businessinsider.sg
Economic Survey links infrastructure with social reforms to boost growth
The Survey suggested interlinking electricity supply with health and education
Take Profit on USDCAD Long – TDS
Following Friday’s release of the Canadian monthly GDP growth figures, Mazen Issa, Senior FX Strategist at TD Securities (TDS), suggests taking profit
Malaysia plans tougher penalties for illegal loggers in forest law reform
PUTRAJAYA, Jan 31 — Malaysia is set to beef up its decades-old forestry laws this year in an effort to protect its rainforests from illegal loggers, a senior minister said today. The move would stiffen penalties, including fines and jail terms, for those found guilty of cutting down trees without...
Earnings Look Good Enough for PayPal Stock
PayPal stock is down modestly after its Q4 report, due to perceptions that its guidance was soft. But its guidance actually looks solid.
Exclusive: Japan's Nidec bets on electric cars and acquisitions to treble sales: sources
TOKYO (Reuters) - Japan’s Nidec Corp (6594.T) plans to more than treble its revenue over the next five years by focusing on electric vehicle powertrains and buying specialists in motor technologies, two people familiar with the matter told Reuters.
Economic Survey's GDP growth forecast for FY20 wide off projection
It is for the second consecutive time that NSO's GDP estimate is significantly lower than the projection made in the survey prepared by the finance ministry
Vedanta Q3 PBT at Rs 3,806 cr, up 9.4% on lower costs, exceptional gain
Sales down 10% to Rs 21,126 cr mainly due to lower commodity prices, muted volumes in zinc, oil & gas and copper
85% of Older Adults Are Setting Themselves Up to Fail in Retirement
Retirement could be a challenging time for the majority of older Americans -- but it is possible to change course.
Thalinomics suggests meal more affordable for common man
The survey states that across India and also the four regions -- North, South, East and West -- it is found that the absolute prices of a vegetarian thali have decreased significantly since 2015-16 though the price has increased in 2019.
Realtors expect debt restructuring up to Rs 1 trn, tax sops for homebuyers
He said loans up to Rs 1 trillion are required to be restructured in view of liquidity crunch faced by builders
Core industries output rise 1.3% in December after four months of decline
The growth came on the back of rise in output in coal, fertiliser and refinery products sectors. However, production of crude oil, natural gas, and electricity contracted during December
Books industry needs investors – GPA
news, story, article
East African airlines suspend China flights due to coronavirus
NAIROBI/KIGALI (Reuters) - Kenya Airways and RwandAir said on Friday that they had suspended all flights to and from China until further notice after a virus outbreak killed more than 200 people in China and spread to 18 countries.
How the desk job could lead to permanent damage to your health
Alex Wilkins, iHASCO, highlights the hidden hazards in the workplace that could result in permanent damage to your health
Economic Survey raises more questions than answers for pharma industry
Economic Survey 2019-20: The pharma industry is left in a fix after the Economic Survey 2020 came out today. Here's all you need to know
Cases Involving Rs 1.58 Lakh Crore Resolved By IBC Till December; Resolution Time Slashed By 340 Per Cent
The Insolvency and Bankruptcy Code (IBC) has resolved cases worth Rs 1.58 lakh crore till December 2019 and the resolution time for each case has reduced from 4.3 years to less that a year, the Economic Survey 2019-20 has noted [PDF].
India Set to Move Towards Chinese Model to Expand Exports, Create Jobs
New Delhi (Sputnik): The Indian Finance Ministry has been trying to attract investments from foreign companies into India. The cut in corporate tax rates came as a push to attract investments by technology companies looking for avenues outside of China, amid Beijing’s ongoing trade war with Washington.
Ukraine court puts freeze on Ferrexpo unit's shareholding – media
Ferrexpo's operations remain unaffected and continue as normal.
Wipro stocks fall over two per cent after CEO Neemuchwala steps down
MD Abidali Z Neemuchwala will continue to hold the office of the CEO and Managing Director, until a successor is appointed for a smooth transition.
Economic Survey 2020: How privatisation helps CPSEs unlock growth potential
Economic Survey 2020: The analysis showed that these privatised CPSEs, on an average, perform better post privatisation than their peers in terms of their net worth, net profit, return on assets
Post-fire losses darken days for light bulb maker - VnExpress International
Light bulb maker Rang Dong, whose Hanoi warehouse was gutted by a fire, has reported Q4 losses of almost VND36 billion ($1.5 million).
Economic Survey 2020: Red-tape still strangles Indian manufacturing
Economic Survey 2020 updates: Ease of doing business in India seems like a far fetched dream as of now due to the huge number of licenses and approvals needed to run a business. Here's all you need to know
Aston Martin bailed out by Canadian F1 billionaire
Aston Martin has been rescued from collapse by a US$656 million bailout led by a Canadian Formula 1 billionaire.
French Connection shares plummet after failure to secure buyer
The retailer saw shares slide by almost a third after it said it was set to post between £1 million and £2 million in losses for the year.
Facebook to remove posts promoting fake coronavirus cures
It will also block hashtags on Instagram that peddle false information.
Japanese company NEC confirms 2016 security breach
NEC needed seven months to discover the hack, did not disclose it publicly.
Ganduje spends N500m in training youths as automobile mechanics
The Kano State Governor Abdullahi Ganduje has so far spent a total of N500m in training 200 youths as automobile mechanics in the state.
Macy's is launching a new store concept that's masterminded by the woman behind buzzy concept store, Story
Macy's is in the process of hiring employees to work at its new store in the upscale town of Southlake, Texas.
Core sector output shows growth after contracting for four months
The rebound signals that the economy may have bottomed out in the second quarter and may see revival in the third quarter. The news should come as relief for the government ahead of the Budget and may dispel fears surrounding the Indian economy slipping into stagflation.
You don’t have to hit a six in every ball, wait for market to throw you a loose ball: Madhusudan Kela
As the markets have amply proven in the last four, six months, the loose ball is coming. Meanwhile, pharma could provide great opportunities, says market expert Madhusudan Kela.
Macy’s is launching a new store concept that’s masterminded by the woman behind buzzy concept store, Story
Macy’s is preparing to open a new retail concept in Texas.
Tube delays: Commuters face Victoria Line chaos after Finsbury Park fire alert
A fire alert at Finsbury Park has led to rush hour havoc on the Victoria Line, while a signal failure disrupted the Piccadilly Line.
Retailers call for two hours free parking in Perth city centre to bring back shoppers
Retailers have called for two hours of free parking to be introduced in Perth city centre to help bring shoppers from the outskirts and beyond back to the high street.
Shrinking French and Italian economies hamper euro zone growth
Spectre of recession likely to mean more monetary easing by ECB
Economic Survey 2020: Why wealth creation was picked as this year's theme
Economic Survey 2019-20: Elaborating on India's historical dominance on the global economy, the survey stressed on the importance of bringing an openness in the market that leads to wealth creation
McDonald's launches much-loved Shamrock Shake ahead of St Patrick's Day
The festive milkshake will be sold at all of its outlets in Ireland
Aldi wants to open a new, bigger Newport store next to Sainsbury's - but the council will try to stop it
Sainsbury's have objected to Aldi's plans to open a new supermarket next door
Dunbar Cave State Park honored as top park in 2019
The state's Department of Environment and Conservation has announced that Dunbar Cave State Park has been selected as the 2019 Tennessee State Park of the Year.
Imran Khan incapable to run govt, serve people: Marriyum Aurangzeb
Imran Khan incapable to run government, serve people: Marriyum Aurangzeb.
Railways Approaches Finance Ministry to Relieve it of Pension Burden
This is not the first time that the railways has begged off its pension responsibilities, which eat into its earnings.
Contraction in domestic revenue growth softened IT-BPM sector growth in FY19: Survey
Of the total $135.5 billion of exports of the IT-BPM sector in 2018-19, IT services accounted for 55%, and BPM and software products & engineering services for the remaining 45 per cent (with each accounting for almost half of the share). The survey termed the Indian IT-BPM industry as the flag-bearer of India's exports over the past two decades.
Banking services affected as employees strike
The nationwide strike has been called by the United Forum of Bank Unions, pressing for a 20% wage hike and a charter of other demands
Deribit to Offer Daily Bitcoin Options
Crypto derivatives platform Deribit will offer a daily Bitcoin index options to its client base.
Eurozone economy records worst year since 2013
The growth recorded was lower than the 0.2% anticipated in the markets and was largely due to the fact that two of the eurozone's biggest economies, France and Italy, both contracted.
British, EU level trade playing field possible but difficult: Irish PM
DUBLIN (Reuters) - There is scope for the European Union and Britain to agree to maintain equal standards in a future trade deal, but coming to such an agreement will be hugely difficult, Irish Prime Minister Leo Varadkar said on Friday.
China virus causes scare for India's smartphone makers
NEW DELHI (Reuters) - The coronavirus outbreak in China could start to disrupt India’s production of smartphones if it continues to spread in February, as it could delay component shipments, industry executives said.
Collapse of Kabul Bank Analyzed in New Book
A book detailing the key factors in the collapse of Kabul Bank was released in Afghanistan on Thursday, and the event triggered fresh criticism against the Afghan government for failing to
Report: Weapons used in farmer/herder conflicts linked to Nigerian security agencies
Some of the weapons used in the conflicts between farmers and herders in the country have been traced to Nigerian security agencies, according to a report by Conflict Armament Research
Italy's Gualtieri: Government expects GDP to bounce back in Q1 after disappointing Q4
The Italian government expects the Gross Domestic Product (GDP) to bounce back in the first quarter of 2020 following the disappointing growth recorde
Coronavirus: countries evacuate citizens from China
These are the plans so far by foreign governments to evacuate their citizens from the epicentre of the outbreak
China's factory activity falls in January as Wuhan coronavirus fears grow
BEIJING: China's manufacturing activity slipped in January, official data showed on Friday (Jan 31), as the country grapples with a new virus that ...
Eco Survey flags disproportionate dwarfism of banks, calls to be efficient
The Economic Survey 2019-20 tabled in Parliament by Finance Minister Nirmala Sitharaman noted that despite nationalisation a significant portion of the poor remained unbanked till 2014
Hong Kong citizens queue for facial masks in frigid temperatures
People wait outside retail stores and pharmacies, discontent with government incompetence
Friday’s analyst upgrades and downgrades
Inside the Market’s roundup of some of today’s key analyst actions
Coronavirus: Countries evacuate citizens from China
HONG KONG, Jan 31 — Thousands of foreigners were among millions of people confined in the central Chinese city of Wuhan when Beijing announced plans to stem the spread of a SARS-like virus that has now claimed 213 lives nationwide. Today, China’s National Health Commission said nearly 10,000...
Bad weather leaves 602 towns and villages in Ukraine without power
Regional energy distribution companies have deployed their repair teams to eliminate the aftermath of the blackouts.
Highways sector needs Rs 19.63 lakh crore investment by 2024-25: Economic Survey
Of the total Rs 102 lakh crore investment need for infrastructure projected by the National Infrastructure Pipeline (NIP), during 2020 to 2025, the highways sector will require Rs 19.63 lakh crore, the Survey said.
Tesco discounts toy Range Rover by a whopping £82 so shoppers can get it for just £27.50
Supermarket Tesco has slashed the cost of a toy Range Rover by 75%. The car is currently £27.50 instead of £110
Eurozone economy records worst year since 2013
The eurozone economy, which is made up of the 19 countries that use the euro currency, ended 2019 with a whimper and recorded its worst year of growth since it was mired in a debt crisis in 2013.
The Return of the King: Jeff Bezos Tops World's Billionaires List After Amazon Sales Went up 21%
On Wednesday, the fortune of billionaire entrepreneur Elon Musk grew by $2.3 billion within an hour following an increase in the total market value of electric vehicle maker Tesla.
Economic Survey 'disappointing', Modi govt selling dreams to people: Mayawati
In a series of tweets, BSP president Mayawati said: "Because of the wrong policies and programmes of the centre, rising poverty, inflation, unemployment etc. have led to constant shrinking of the per capita/family income of the people, yet the BJP government is selling dreams to them.
Eco Survey calls for pro-business policies, strengthening invisible hand of markets
The invisible hand needs to be strengthened by promoting pro-business policies to provide equal opportunities for new entrants, enable fair competition and ease doing business, eliminate policies that undermine markets through government intervention even where it is not necessary, it said.
Two-day PSU bank strike over wage revision impacts services across country
However, private sector lenders like ICICI Bank and HDFC Bank were operational.
Amazon tops $1trillion valuation on strong results
Amazon.com is back in fashion with investors. Concern about the cost of Amazon’s one-day delivery pledge lingered after a busy holiday period
We Don't Know How Many Bullets, Guns or Planes China Sells Around the World
China may be the world’s No. 2 arms producer, according to a new estimate. But we still don't know how many arms it actually sells.
French Connection shares plummet after failure to secure buyer
The retailer saw shares slide by almost a third after it said it was set to post between £1 million and £2 million in losses for the year.
Chinese planes to bring overseas Wuhan citizens back to virus-hit city
Beijing - China sent two planes to Malaysia and Thailand on Friday to bring "stranded" Hubei province residents back to the virus-stricken city of Wuhan, authorities said.
FTSE 100 stumbles as coronavirus spreads to the UK
The FTSE 100 has fallen this morning after the Bank of England left interest rates on hold, boosting the pound and hurting British stocks.
Surge pricing for taxis to be proposed in NY City Council
Changes could be on the way for taxi drivers and passengers in New York City if a proposal being introduced in New York City Council Friday becomes law.
4 Things Investors Must Consider Before Buying Aurora Cannabis
Aurora stock is currently one of the worst-performing Canadian cannabis companies. Here are a few things to know before investing.
Nonprofit Receives Grant to Help Prevent Local Oil Production
Santa Barbara County faces a tripling of onshore oil production. Three oil companies are proposing to drill and operate over 700 new wells in Cat Canyon Oil Field, posing dangerous threats to clean air, clean water, public safety, and our climate. What’s more, these oil companies are not proposing conventional oil drilling, which is risky enough, but rather they are seeking permits for extreme, enhanced oil extraction processes known as cyclic steam injection and steam flooding, which are far riskier and more energy intensive than traditional drilling. The Environmental Defense Center (EDC) has just received $10,000 in grant funding from the Fund for Santa Barbara to help confront this major threat.
ET View: Economic Survey revives an old tale about Microsoft
Microsoft has come a long way since then and even became the worlds most valued company. The Survey does not hold out a happy story.
American optimism toward economy surges to 9-month high as job market hums
American households were more optimistic about the economy this month. The University of Michigan said its index of consumer sentiment jumped to...
East African airlines suspend China flights due to coronavirus
NAIROBI/KIGALI - Kenya Airways and RwandAir said on Friday that they had suspended all flights to and from China until further notice after a virus outbreak killed more than 200 people in China and spread to 18 countries.
$12M funding boost - regional water storage and use project
12M funding boost - regional water storage and use project
Economic Survey: New firm creation higher in services sector than mfg, agri
The survey also said that there is a need to invest in ramping up India's statistical infrastructure. It also said that India has made impressive improvements in several social development indicators
When is the monthly Canadian GDP report and how could it affect USD/CAD?
Friday's economic docket highlights the release of monthly Canadian GDP growth figures for November, scheduled to be published at 13:30 GMT by Statist
USD/CHF drops below 0.9700 as markets remain risk-averse
The USD/CHF pair erased nearly 40 pips on Thursday and seems to be having a difficult time staging a recovery on Friday. After touching a daily high o
Macy's is launching a new store concept that's masterminded by the woman behind buzzy concept store, Story
Macy’s is preparing to open a new retail concept in Texas.
Turning Into Virgin: Famous ‘Porn Oscars’ Venue in Las Vegas Closes Down With a Bang
The hotel is expected to open its doors again later this year as Virgin Hotels after an extensive renovation period.
Why imported onions are rotting? Economic Survey 2020 has an answer
Economic Survey 2020 latest: Imported onions are rotting as there are no takers. Here's what the Economic Survey 2019-20 has to say about the onion crisis
US, India cooperation in Indo-Pacific based on shared commitment to uphold rule of law: State Department
Briefing the media about US President Donald Trump's vision in the Indo Pacific, Jonathan Henick, Deputy Assistant Secretary For Central Asia, said America, under its renewed commitment to the Indo-Pacific, was strengthening relations with partner nations that share the value of freedom and openness.
Turkish conglomerate Anadolu sells McDonald's franchising rights
Turkey's Anadolu Group Holding, one of the country's largest conglomerates, said Thursday that all shares of Anadolu Restaurant, which includes the Turkish...
Plastics ban can't be instant, restaurants warn Ottawa
OTTAWA — Canada's restaurant owners are eager to do their part to curb this country's addiction to plastics, their association says, but they want the government to leave time for them to adapt to a . . .
Central Bank Digital Currency (CBDC) Is Becoming a Big Topic in Asia
An official at Japan's central bank has signaled a willingness to embrace a digital yen & Cambodia is pushing ahead with it's own blockchain-powered currency
Robocalls: How common are they?
— From October to December 2019, the Federal Trade Commission reported more than 19.5 million do not call complaints in the United States.
Army, ITBP Set up Coronavirus Quarantine in Delhi For 300 Students Returning From China
The students, as well as other passengers, will be thoroughly screened upon their arrival at the Indira Gandhi International airport in Delhi by a joint team of the Airport Health Authority (AHO) and Armed Forces Medical Services (AFMS).
Govt dropped initial plan on GSTAT set-up, proposal flagged, shows RTI
Madras High Court had LATER declared bench composition unconstitutional due to non-inclusion of even a single judicial member; No appeal filed yet
Top headlines: Eco Survey 2019-20, Wipro's Abidali Neemuchwala steps down
Economic Survey for 2019-20 was tabled in Parliament on Friday and projected the country's gross domestic product (GDP) to grow between 6 - 6.5 per cent in financial 2020-21 (FY21)
Only 18.75% Lagos residents are registered taxpayers — LIRS
LIRS has said that only 4.5 million or 18.75 percent of the 24 million people resident in Lagos State, representing 18.75 percent are...
Sales of over 1.7k listed manufacturing firms contracted by 7.7 per cent in Q2: Survey
The Survey, tabled in Parliament on Friday by Finance Minister Nirmala Sitharaman said demand conditions for the manufacturing sector weakened in September quarter of 2019-20 with a contraction in nominal sales, citing RBI studies on corporate performance.
Samal Island to be Chilika’s new tourism gateway
The Odisha Government has decided to develop Samal Island, a two sq km sandy landmass in Chilika lagoon, as a high-end tourist destination.
F&O: Over to Budget; banking stocks only hope as bears rule
India VIX moved up 3.38 per cent to 17.36 level.
Pvt sector share in National Infra Pipeline to hit 30% by 2025: Eco Survey
Two-thirds of the pipeline is already firmed up; projects of certain states likely to be added to in due course
Economic Survey outlines strategy to achieve $5 trillion economy, says PM Modi
In a social media post, PM Modi said that the Economic Survey, tabled in Parliament today, highlights the government's strategy to achieve $5 trillion economy.
Eco Survey flags 'disproportionate dwarfism' of Indian banks, calls upon PSBs to become efficient
Flagging 'disproportionate dwarfism' of banks, Economic Survey called upon PSBs to become efficient.
Economic Survey: Sales of over 1.7k mfg firms contracted by 7.7% in Q2
Net profit for the manufacturing sector contracted in Q1 (June quarter) of 2019-20, mainly due to a production slowdown, it added
Budget 2020: Allow tax exemption on health insurance premium
Animesh Das Head of Product Strategy - ACKO General Insurance It would be a welcome move, if the government will remove the current limits and allow tax exemption on actual/full health insurance premium paid by the taxpayer.
Domestic kamikaze mini drones delivered to Turkish security forces
The first batch of the domestically developed new generation kamikaze mini-drones was delivered to Turkish security forces, Defense Industry Presidency...
Lilly posts higher-than-expected profit as new drugs lift outlook
Eli Lilly has posted higher-than-expected profit on the back of increasing demand for its newly launched drugs, despite fighting continued price erosion and pressure in the US.
Delta, American, and Several Other Airlines Worldwide Suspend Flights To and From China Amid Coronavirus Fears
Delta Air Lines and American Airlines said on Friday that they will suspend all U.S.-China flights for at least several weeks due to the coronavirus outbreak. Delta on Friday said its China service suspension will begin Feb. 6 and last through April 30, but it will continue to operate the service un...
Consequential train accidents decreased to 59 in 2018-19: Economic Survey
The Indian Railways with over 68,000 route-kilometres is the third-largest network in the world under single management
Nintendo Finally Responds To Rumors Of High-Performance 'Switch Pro' Gaming Console
Don't hold your breath waiting for a more powerful Switch Pro to emerge, it's not coming this year.
Rail investment ‘fantastic news’ for Northland, says Reade
January 31, 2020
Millions of workers to get an extra £104 as new tax rules come into effect in April
In addition to increasing the NICs threshold the Government will also end the freeze to working age benefits, which has been in place since 2016.
Production pattern is not in sync with the demand: The Economic Survey 2019-20
The survey said that the share of cereals declines steadily as MPCE level increases, from about 19 per cent for the bottom decile class of rural India to about 5-6 per cent for the top decile class, and from 15 per cent for the bottom decile class of urban India to under 3 per cent for the top decile class.
Privatised CPSEs reported better profit, sales after transition: Eco Survey
The survey, tabled in Parliament on Friday, examined the change in performance for each individual central public sector enterprises (CPSE)
Indian-origin Arvind Krishna Replaces Virginia Rometty As New IBM CEO
Indian-origin Arvind Krishna has been elected as the next Chief Executive Officer (CEO) of IBM, the American IT giant, succeeding Virginia Rometty on Jan 30.
Eco Survey sees growth at 6.5% in FY21, calls for easing of deficit target
For the current fiscal, it projected a GDP growth of 5 per cent, the lowest in 11 years, and worsening job prospects
Fraud suspect sought
The Penticton RCMP is appealing to the public for help identifying a fraud suspect.
Sebi disposes of insider trading case against SpiceJet's former independent director
It had been alleged that he traded in SpiceJet while in possession of unpublished price information
Macy's is launching a new store concept that's masterminded by the woman behind buzzy concept store, Story, Business Insider - Business Insider Singapore
Business Insider - Macy's is in the process of hiring employees to work at its new store in the upscale town of Southlake, Texas.. Read more at businessinsider.sg
HUL reports 12.95% rise in consolidated net profit at Rs 1,631 cr
The company had posted a net profit of Rs 1,444 crore in the October-December period of the previous fiscal
Govt must support pro-business policies to be a $5-trn economy: Eco Survey
The survey said the exponential rise in India's GDP and GDP per capita post liberalisation coincides with wealth generation in the stock market
Bilawal again urges MQM-P to ‘rethink’ alliance with PTI
KARACHI: Pakistan People's Party (PPP) Chairman Bilawal Bhutto-Zardari on Friday yet urged Muttahida Qaumi Movement-Pakistan (MQM-P) — an ally of the Pakistan Tehreek-i-Insaf (PTI) government — t
How are social media giants fighting coronavirus conspiracies?
Coronavirus and conspiracies: how are social media companies tackling misinformation? | #TheCube
Eco Survey focuses on wealth creation, says PM
After the release of Economic Survey 2019-20, Prime Minister Narendra Modi took to his Twitter handle and said it focuses on wealth-creation for 130 crore Indians. It outlines a multi-faceted strategy to achieve a $5 trillion economy through enterprise, exports, ease of doing business and more.
Laura Ashley chief executive steps down after eight years
Retailer Laura Ashley said today its chief executive Kwan Cheong Ng is stepping down after eight years in the role. [...]
Economic Survey 2019-20: Competition, low tariffs led to financial stress in telecom sector
The data price in the country came down by over 99% during 2016-2019, making it among the lowest tariff in the world, according to the survey.
Stubble burning, construction waste still a major concern: Economic Survey
About 178 million tonnes of surplus crop residues are available in the country. Burning of these residues leads to rise in pollutant levels and deterioration of air quality
MP applauded for leading the process to revive dormant market
news, story, article
Forget Legalization: CBD Is Good Enough for CRON Stock
Cronos’ acquisition of Lord Jones is perfect because the American consumer wants CBD, not marijuana.
Genesis Crypto Lending Firm Hits New Record in Loan Originations in Q4 2019
Over-the-counter digital currency trading and lending firm Genesis has closed the fourth quarter of 2019 with record high loan originations since its inception.
China - One Problem Ends And Another Begins
Trade had been a problem for the Chinese economy.Hong Kong issues are ongoing.African Swine Fever caused a meat shortage.Did ASF lead to coronavirus?Commodities will move with the state of China's eco
Screen Ireland unveils slate of 40 productions coming to international market
Agency responsible for developing screen industries said sector contributed €357m to economy last year
Oil Climbs as WHO Declares Emergency, but Opposes Travel Restrictions
Oil prices rose on Friday but were still set for a fourth consecutive weekly loss, as markets attempted to assess the economic damage of the coronavirus that has spread from China to around 20 countries, killing more than 200 people. Brent crude LCOc
Citizenship Amendment Act fulfilled Gandhiji’s dream: President Ramnath Kovind
Vice President Venkaiah Naidu s also chairing a meeting of floor leaders of Rajya Sabha at his residence on Friday.
France, Italy Drag Euro-Area Economy to Worst Quarter Since 2013
(Bloomberg) -- Terms of Trade is a daily newsletter that untangles a world embroiled in trade wars. Sign up here. The euro-area economy barely grew at the end of 2019 as unexpected contractions in France and Italy dealt the bloc its weakest quarter in almost seven years.The surprise slump in two of the
Markets welcome WHO virus declaration
Markets rose in Asia on Friday after the World Health Organization declared a global health emergency over the deadly new virus sweeping China.
Chinese visitors to Vietnam hit record high in Jan - VnExpress International
January saw tourists from China to Vietnam post record high growth though new coronavirus fears prompted the country to clamp down on Chinese arrivals 10 days prior.
Stocks drop amid uncertainty over virus impact; Amazon soars
U.S. stocks fell broadly in midday trading on Wall Street amid ongoing uncertainty about the potential economic impact of the 2019 Novel Coronavirus outbreak that originated in China.
Training reviewed
Vinod Kumar Dhaka, Inspector General-cum-Principal Chief Security Commissioner, Railway Protection Special Force, Railway Board, New Delhi, on Friday inspected the Railway Protection Special Force V B
‘Need For Wealth Creation’: Lessons From Thirukkural, Arthashastra And Ten New Ideas In Economic Survey 2020
‘Since the wealth cannot be distributed unless created, the wealth creators are India’s wealth’
US stocks fall amid virus fears despite Amazon surge
NEW YORK, Jan 31 — Wall Street stocks dropped early today amid worries over the coronavirus outbreak and despite a blowout Amazon earnings report that lifted the e-commerce giant’s value back above US$1 trillion (RM4.1 trillion). Britain confirmed its first cases of the virus, the US upgraded...
Mixed reviews for airline that operated evacuation flight from China to UK
Wamos Air has an overall rating of two-and-a-half out of five on TripAdvisor.
Luxury brand sales on Las Vegas Strip driven by tourists, millennials
Luxury labels are itching to grow their retail presence in Las Vegas as big spenders among tourists and millennials propel the luxury retail market.
Delta and American Halt All Flights Between China and the U.S.
All flights will be suspended started Febuary 6 through April 30. | Health
Newcastle hospital treating coronavirus pair urges patients to attend as normal
The two patients taken unwell are being treated at the Royal Victoria Infirmary.
How to improve crop insurance coverage
The Pradhan Mantri Fasal Bima Yojana must undergo a cost-benefit audit and be updated to allow for income stabilisation for farmers
Economic Survey advocates further ‘economic freedom’
While it does makes a case for further reform, it falls short on prescriptions and sector-specific insights
India bans export of protective masks, clothing amid coronavirus outbreak
NEW DELHI (Reuters) - India on Friday banned the export of personal protection equipment such as masks and clothing amid a global coronavirus outbreak.
Court asks Wike to reinstate 8 permanent secretaries sacked unlawfully
A national industrial court in Yenagoa, Bayelsa state has ordered the reinstating of eight permanent secretaries forcefully retired by Nyesom Wike, Rive...
Pre Budget Expectations by HDFC Securities
HDFC Securities The Govt needs to give a serious push to improve the business environment.
Kabul Blast Kills Two
Two militants pushing a handcart were killed January 31 in western Kabul when explosives in the cart detonated accidentally, Afghan officials say.
Lebanese bonds tumble as uncertainty increases
"Lebanese debt is currently trading at a large discount and investors have already priced in a restructuring," Saeb El Zein, a financial markets expert told Annahar.
Economic Survey sources data from Wikipedia, other private entities
Wikipedia is a free online encyclopedia, created and edited by volunteers around the world and hosted by the Wikimedia Foundation
Budget 2020: How FM Nirmala Sitharaman's fiscal deficit math is likely to move Sensex, Nifty on Feb 1
Budget 2020: An increase in fiscal deficit target in view of the ongoing economic slowdown may not negatively impact the market since elevated level of expenditure is expected to result in higher demand in Indian economy
Amazon hits 500K force
Need more proof that Amazon is big? It came this week.
Manage buy-to-rent risks
The current buyers’ market offers a good opportunity for investors looking for properties to rent out, especially with the prospect of a potential rental-growth recovery in the latter part of 2020.
Writers Guild hopes new streaming laws will reverse 'service industry' trend
TORONTO — Amid talks about regulating foreign streaming services in this country, the Writers Guild of Canada is sounding the alarm on what it says is a troubling trend toward a "service industry" and "massive exodus" of talent.
Crystal gazing the budget announcements from Economic Survey
Here's what to expect in the budget on Saturday or by way of policy pronouncements subsequent to the budget
Crypto Tax in 2020: A Comprehensive Guide
Paying crypto taxes is becoming increasingly difficult in 2020, as government tax authorities around the world continue to change their minds on how
Canada not rushing to post-Brexit deal with Britain, as business urges calm
Prime Minister Justin Trudeau says he is confident that Britain's exit from the European Union later today will be an orderly process with minimal disruption to Canadian trade and investment.
What could change in this year’s budget?
Each year the Union Budget is watched keenly and the salaried middle class hope for relief from income tax. Furquan Moharkan takes a look at five things that Finance Minister Nirmala Sitharaman could change in this year’s budget.
NCT tests resume at six centres as lift checks continue
The National Car Testing Service says car underbody inspections using lifts have recommenced at six centres across the country, but on a restricted basis.
Enbridge faces regulators in Canada, U.S. over plans to expand oil pipeline network
Enbridge faces off with regulators in Minnesota over Line 3 just as it grapples with complaints over changes to overhaul its Mainline
Wanaparthy police’s novel idea to curb accidents
Police conduct awareness campaign for villagers living along NH
North African countries still have significant wheat needs this year - Transgrains
PARIS, Jan 31 (Reuters) - Algeria needs to buy 1.5 million tonnes of wheat and Morocco 600,000 tonnes in the last three months of the 2019/2020 (July-June) season, which should benefit France, a senior trader familiar with North African markets said on Friday.In addition, Tunisia will probably need to book another 200,000 tonnes, Jean-Philippe Everling, founder and director of Transgrains France in partnership with Italian group Casillo, told the Paris Grain Day conference in Paris.
123 China tourists fly home via chartered flight from KK
KOTA KINABALU, Jan 31 — A total 123 tourists from Hubei, China flew home on a Xiamen Airlines chartered flight from the Kota Kinabalu International Airport (KKIA) today at 6.30pm. They boarded the chartered flight at the initiative of the government of China after the government cancelled all...
BOJ warns of cyber-attack vulnerability ahead of Olympic Games
Japan's financial institutions must guard against cyber-attacks ahead of the 2020 Tokyo Olympic Games, with nearly 40per cent of banks and other ...
Critical infrastructure: Enugu govt approves over N2.5 billion
In continuation with its renewed efforts to provide more critical infrastructure in the state, the administration of Governor Ifeanyi
Newcastle hospital treating coronavirus pair urges patients to attend as normal
The two patients taken unwell are being treated at the Royal Victoria Infirmary.
Airbus to pay US$4b to settle corruption probe, says French prosecutor
PARIS, Jan 31 — European planemaker Airbus will pay €3.592 billion (RM16.3 billion or US$3.98 billion) to settle corruption probes by US, British and French authorities into contract dealings, France’s financial prosecutor said today. The simultaneous settlements in Britain, France and the...
HBC board unanimously backs Baker offer in amended and stated circular
The board of directors of Hudson's Bay Co. has unanimously recommended shareholders support a sweetened offer to take the retailer private.
‘Bring back Tamils stranded in China’
MaduraiThe Madurai Bench of Madras High Court on Friday sought a response from the Centre and State on a petition that sought a direction to facilitate the return of Tamils stranded in China in the wa
Pasteurised camembert? French cheesemakers vote ‘Non’
PARIS, Jan 31 — A battle over the future of camembert, one of France’s most emblematic cheeses, came to a head today after producers voted against allowing pasteurised versions of the venerable raw-milk pucks. A narrow majority of dairy executives — 53 per cent — rejected a plan that would...
Satellite connectivity drives Comtech acquisition of Gilat
Comtech Telecommunications is buying Gilat Satellite Networks for $532.5m, it has been announced.
Crisis-hit Thyssenkrupp mulls sale of elevators units worth 15 billion euro
According to the Financial Times, Thyssenkrupp has attracted at least four bids for its crown jewel, including from Finnish lift maker Kone
Oyo rubbishes reports of large-scale partner loss, and exiting businesses
Currently, Oyo largely operates under three models - franchisee, leased and owned assets. The rooms under the franchisee model accounts for the largest number of its inventory of nearly 3 lakh rooms in India
Apple May Have to Ditch Its Lightning Cable to Conform to Standard Charger in the EU
It seems that Apple's argument for why it should keep its lightning cable, rather than switching over to one of the two USB standards used by everyone else, has fallen on deaf ears.
Coronovirus: N95 masks in short supply in Bengaluru
Karnataka seeks 6,000 more personal protection kits from Centre
British Steel rescue under threat as French government opposes Jingye deal
The Chinese takeover of embattled British Steel is hanging in the balance after the French government said it would oppose the deal.
Chainlink Boosts Ethereum DeFi with New Price Reference Data Networks
Chainlink’s Price Reference Data oracle networks vastly expand the amount of secure and reliable data accessible to Ethereum Dapps
China says U.S. move to raise travel warning is inappropriate
BEIJING (Reuters) - The United States’ decision to raise its warning level for travel to China is not in line with the facts and is inappropriate, a spokeswoman at the Chinese foreign ministry, Hua Chunying, said on Friday on the ministry’s website.
Delhi Police ask for 45 documents for opening restaurant, only 19 for a gun: Economic Survey
Delhi Police ask for as many as 45 documents before giving its clearance for opening an eatery in the national capital as gainst only 19 to buy a gun, the Economic Survey said on Friday while making a case for doing away with unnecessary controls.
Market watch: KSE-100 falls 273 points owing to global sell-off
Benchmark index decreases 0.65% to settle at 41,630.93
Balanced growth is essential for democracy
Economic development is uneven across State lines and social classes. A consensual approach is needed to move India forward
Crisis-hit Thyssenkrupp mulls sale of '15bn euro elevator unit'
Deciding the future of the elevator unit was the group's "top priority", said Merz, aiming to raise billions of euros in fresh capital that could be used across the conglomerate's struggling divisions.
PM Modi Seeks 'Honest' Feedback on Ground Situation From 37 Ministers Who Visited Jammu & Kashmir
So far, a total of 14 ministers have submitted their assessment on the welfare schemes in a proforma that will be compiled together in a comprehensive report for the government to take action on the basis of the feedback, a home ministry official said.
East Midlands Airport workers' coronavirus fears over 'protective gear shortage'
Employees at East Midlands, Liverpool and Stansted airports said there was not sufficient protective equipment, while those at Manchester told union they were given face masks but not gloves or hand sanitiser
Takeaway fined for 'lamb' curry which was actually more than half beef
Pasta & Papadums in Briton Ferry was brought before the courts
HUL to increase soap prices by 5-6 pc
According to HUL Chief Financial Officer Srinivas Phatak, prices of palm oil in the last six months have gone up by 25 to 30 per cent. "We would take the prices up in the soap part of our portfolio. We would be looking to price up between 5 to 6 per cent and they would come in a phased manner," Phatak said in a post-earnings conference call.
Aston Martin Lands Sugar Daddy in the Form of a Canadian Billionaire
A consortium led by Canadian billionaire Lawrence Stroll has agreed to buy a 16.7 percent stake in Aston Martin, pledging to increase that figure to 20 percent.
Hwy 1 to close overnight
UPDATE: 3:20 p.m. Avalanche control work on the Trans-Canada Highway will close the route overnight between Revelstoke and Golden.
Startup India sees growth; Maha, Karnataka lead the race
The startup ecosystem in the country has seen an uptick in growth in the past few years, with a push from the Startup India initiative launched in August 2015. The Economic Survey said that startups
Billionaire Lawrence Stroll takes stake in ailing carmaker Aston Martin
Canadian billionaire Lawrence Stroll will take a roughly 20per cent stake in Aston Martin for nearly 200 million pounds (US$263 million) as the ...
Russian Journalist Detained in Lithuanian Capital's Airport
VILNIUS (Sputnik) - Correspondent Yulia Shatilova of Russia's Zvezda channel has been detained at the airport in the Lithuanian capital of Vilnius.
How to retire early and still be rich
If you want to retire early in the future but maintain a particular lifestyle, achieving FIRE may not be as difficult as you think...
Airbus ran ‘massive’ bribery scheme to win orders
European aerospace group to pay €3.6bn in penalties to regulators in France, UK and US
Economic Survey: India skids on ranking for protecting minority shareholders
The economic survey also patted the back of the government, stating that implementation of Goods and Services Tax (GST) has helped India in improving the ease of doing business.
HBC board unanimously backs Baker offer in amended and stated circular
TORONTO — The board of directors of Hudson's Bay Co. has unanimously recommended shareholders support a sweetened offer to take the retailer private.
'Feel good' Budget may see cut in tax rate, sops for social sectors
To cushion the impact on collections, these tweaks might be accompanied by rationalisation in tax rebates
Airbus paying £3bn to end global corruption probes
Courts in France, the US and the UK considering their own parts of the deal.
Airbus paying £3bn to end global corruption probes
Courts in France, the US and the UK considering their own parts of the deal.
UK trade bodies respond to points-based immigration proposal
UKIE suggests "little impact" on games industry, while TIGA welcomes attention given to creative and STEM sectors
Apple suppliers mixed over threat from China's Coronavirus
Supply chain sources say that while fabrication firms TSMC and UMC report no change in operations, Taiwanese chip design firms are expecting an impact on demand because of the Coronavirus.
Osun govt. to restrict cattle grazing to farm settlements
Osun Commissioner for Agriculture and Food Security, has assured farmers that the state government will restrict open grazing
Govt should lean on growth instead of focusing on fiscal deficit: CEA
It is time to focus on growth and, therefore, cutting expenditure is not an option, probably because at a time like this, growth needs to be taken care of, he added
Iran suspends all flights to and from China due to coronavirus
DUBAI (Reuters) - Iran has suspended all flights to China because of the coronavirus outbreak, Iran’s semi-official Tasnim news agency reported on Friday, adding that all flights from China to the Islamic Republic have also been banned.
68% of Middle-Aged and Older Workers Share This Retirement-Planning Regret
Here's a chance to learn a valuable lesson.
View: Public sector bank network, a good idea
It is vital for India to swiftly enact the law on data protection, given the kind of data sharing that has been envisaged in the PSBN.
Germany wants to conclude Brexit talks by year's end: minister
BERLIN (Reuters) - Germany wants to do all it can to conclude outstanding negotiations with Britain on its future ties with the European Union by the end of this year, Economy Minister Peter Altmaier said on Friday.
Turkish tourism revenues jump 17% to $34.5 billion in 2019
2019 saw a booming tourism sector in Turkey with a 17% surge in revenues and a 14.1% rise in the number of visitors as the country is focused on further expanding the sector this year
Lower Mainland mayors, including Surrey, endorse regional ride-hailing licence
VANCOUVER — Mayors in British Columbia's Lower Mainland have reached an agreement on an interim business licence for ride-hailing companies that want to operate in the region.Surrey Mayor Doug . . .
US: Income growth is not what it used to be – Wells Fargo
Data released on Friday in the US showed that personal income rose 0.2% and spending 0.3% in December. Despite a tight labor market, year-over-year re
Budget 2020: Challenge for Indian Finance Minister is to Balance Growth, Fiscal Deficit
New Delhi (Sputnik): Amid the slowdown in the Indian economy, the government lowered its national income growth forecast from 7 percent to 5 percent for the current fiscal year. The Economic Survey tabled in Parliament on Friday pegged growth for 2020-21 at between 6 and 6.5 percent.
Consumer Sentiment Jumps Higher
Consumer sentiment was bolstered by record low unemployment, record gains in income, and near record lows in inflation. | Economy
A Few Short-Term Challenges Don't Cancel Ingersoll-Rand's Strong HVAC Results
Ingersoll-Rand's fourth quarter results were not strong as reported, with a $0.06/share miss at the operating line, but underlying HVAC performance was very good.Thermo King is going through its cycli
Good start, companies — now keep raising wages!
About a decade ago, when I started writing about how companies should strive to create value for stakeholders, not just shareholders, some of my business and finance friends thought I was nuts.
Miners Accumulating Ethereum at a Rapid Rate May Take ETH to Record High
The Ethereum (ETH) price could explode to record highs on the backs of an optimistic accumulation behavior. Data provided by cryptocurrency market
Airbus agrees to pay 3.6 billion euros to settle corruption probes
Airbus is set to pay a massive 3.6 billion euros ($4 billion) in fines to Britain, France and the US to settle corruption inquiries sparked..
The revitalisation of Limerick's O'Connell street takes a step forward
Plans to revitalise Limerick's main thoroughfare took a step forward this week.
NCG joins Northern Powerhouse Partner Programme
'Realising the potential of the North through investment in skills is a huge opportunity – and NCG will lead the way'
Farmers demand setting up of DPC at Sikkal
RAMANATHAPURAMA section of farmers from Sikkal in Kadaladi union submitted a petition to Collector K. Veera Raghava Rao demanding that a direct purchase centre be opened in the area.They said that far
Economic Survey Bats For Market Economy, Shows How Government’s Intervention Can Do More Harm Than Good
The Indian state is not only involved in running businesses but also intervenes in markets quite frequently.
Update KB4532695 is giving users the BSOD
Microsoft released update KB4532695 for Windows 10 version 1903 and 1909 a few days ago. While the update delivers additional corrections, as well as improvements in stability and security, users have encountered a number of issues since. In the official Microsoft forum, users are reporting performance issues, including problems with sound and system start-up. The …
Economic Survey sources data from Wikipedia, other private entities
The Economic Survey 2019-20 has sourced certain data from Wikipedia, which is not considered as reliable source of information.
Denmark’s Smart Payment Card Issuer Pleo Introduces New Credit Card by Partnering with Mastercard, JPMorgan
Denmark-headquartered Pleo, a smart payment card issuer, has confirmed that it’s introducing a new credit card by teaming up with Mastercard and J.P. Morgan,
Good start, companies — now keep raising wages!
About a decade ago, when I started writing about how companies should strive to create value for stakeholders, not just shareholders, some of my business and finance friends thought I was nuts.
Economic Survey: Building blocks for 'wealth creation' and $5-trn economy
Here is a snapshot of some of the 'new ideas' for the economy that the Survey focuses on
Nordea Appoints Virgin Money’s Ian Smith As New CFO & Head of Group Finance
Finland-based banking group Nordea Bank announced on Thursday it has appointed Virgin Money's CFO Ian Smith as its new CFO and Head of Group Finance. According to Nordea, Smith has an extensive background in the financial services sector in the UK and has held senior positions as a banking audit partner and later as Financial Services M&A leader at Deloitte. He also previously served as Director of Group Finance at Lloyds Banking Group plc and
Eco Survey completely disconnected with problems faced by common man: Congress
The Congress slammed the Centre on the Economic Survey saying it is a diverted picture from the reality, accusing the government of "fudging data" and committing a "fraud" as the numbers presented by it are not believable by the world. Congress spokesperson Gaurav Vallabh said the government has not taken any concrete steps to end tax terrorism.
Exxon quarterly profit falls 5.2% on weak refining, chemical margins
HOUSTON (Reuters) - Exxon Mobil Corp (XOM.N) on Friday reported a 5.2% drop in fourth-quarter profit on weaknesses in chemicals and refining and flat oil and gas output, with asset sales helping to stem the decline.
Osinbajo, LCCI discuss economy, Apapa gridlock, others
The Vice-President, Prof. Yemi Osinbajo, on Friday received a delegation of the Lagos Chamber of Commerce and Industry (LCCI), led by its President, Mrs Toki Mabogunje at the Presidential Villa in Abuja.
Airbus to pay around €1b in UK slice of global bribery settlement
LONDON, Jan 31 — Airbus, the world’s largest aircraft maker, will pay just under €1 billion (RM4.3 billion)in a British settlement to draw a line under a three-and-a-half year criminal investigation into allegations of fraud, bribery and corruption. The deal under a three-year Deferred...
Global tax rules set for overhaul as states seek to avoid new trade war
PARIS (Reuters) - Outdated cross-border tax rules are set to be rewritten after 137 states sought this week to avoid a new trade war over the global multiplication of taxes on digital services.
France agrees to end Airbus corruption probe in £3bn deal
Courts in the US and the UK are considering their own parts of the deal.
Americans spent at slowest pace in 3 years in 2019, threatening powerhouse of US economy
American shoppers continued to serve as the engine of the US economy through volatile times last year, fuelling growth even as a global cooldown and trade tensions clouded the outlook. But there are signs that households are starting to pull back on spending.
Forty temporarily laid off at Cork hotel as doubts raised over long-term future
Staff at the Blarney hotel and golf resort were hoping against hope that the hotel would reopen tomorrow following its regular January closure.
I-235 closure planned in Oklahoma City this weekend
Interstate 235 will be closed to through traffic at the Interstate 44 interchange beginning Friday.
A bookstore in Canada is filled with adorable foster kittens that customers can adopt, Business Insider - Business Insider Singapore
Business Insider - Customers can read, drink coffee, and play with adorable cats at the Otis & Clementine's Books & Coffee shop in Canada.. Read more at businessinsider.sg
Survey Shows Lack of Employee Engagement
A survey by Achievers revealed the reasons employees are dissatisfied with their current employees.
US: UoM Consumer Confidence rose to 99.8 in January from 99.3 in December
The University of Michigan's Survey of Consumers revealed that the Index of Consumer Sentiment in January improved to 99.8 from 99.3 in December. This
PACCAR: Tech Shift Can Prove Lucrative
PACCAR is a leading trucking manufacturer which is working on new technological solutions for the trucking industry.With electric-powered trucks and autonomous driving being all the hype these days, t
Telus offers $75 20GB Peace of Mind plan yet again
If you missed out on Telus' $75 20GB offer the first two times, the Vancouver-based carrier is giving you another chance to sign up.
Coca-Cola Is the Most Conservative Investment You Can Make
Coca-Cola stock was a star in the January market, but don't be fooled. This is a slow-growing dividend aristocrat.
ITI further extends FPO to Feb 5; issue subscribed 58% so far
Services of public sector banks were impacted as employee unions went on a two-day nationwide strike from Friday to press for wage revision.
Good start, companies — now keep raising wages!, Business Insider - Business Insider Singapore
Business Insider - We've been heading toward a "Better Capitalism," but if we're going to fix the American economy, companies need to keep raising wages.. Read more at businessinsider.sg
A bullish signal for Canada’s banks, the SNC-Lavalin rally isn’t over, and why gold is setting up for a fall
A roundup of investment ideas for active investors
Senegal's main airport undertaking coronavirus screening
A move occasioned by growing concerns over the spread of the deadly coronavirus to Africa. Airports across the continent are screening passengers especially those coming from the region of origin.
Economic Survey 2020 Details 'slump In 2019' But Predicts 'rebound To Achieve $5 Trillion'
A day before the Union Budget is presented, CEA Krishnamurthy Subramanian on Friday, presented the Economic Survey 2020 which spoke of how difficult 2019 was
India bans export of protective masks, clothing amid coronavirus outbreak
India banned exports of all kinds of personal protection equipment, including clothing and masks used to protect people from air borne particles.
1g salt and 0.2g turmeric: Economic Survey 2020's Thalinomics for adult male engaged in heavy work
The Thalinomics is a novel addition to the Economic Survey 2020, which has calculated the affordability of a one-plate meal in relation to "an adult male engaged in heavy work". "We have taken the
Iran calls US sanctions on nuke organization chief ‘unwise'
Iran’s Foreign Ministry spokesman Abbas Mousavi said it seems U.S. officials imposed the sanctions to try to divert public opinion from Trump’s impeachment.
Malaysia to send 18 million medical gloves to Wuhan for healthcare workers amid coronavirus outbreak
KUALA LUMPUR: The Malaysian government will be sending 18 million pieces of medical gloves to healthcare workers in Wuhan amid an escalating ...
Russia reports first coronavirus cases, restricts China air travel
MOSCOW (Reuters) - Russia reported its first two cases of coronavirus on Friday and restricted direct flights to China, its biggest trade partner, as Russians complained of rising prices for medical masks and anti-virus medicine.
Economic Survey: 'Counter-cyclical fiscal policy' to boost demand justified
The Survey places primary blame for the slowdown on global factors, saying 'the deceleration of India's GDP growth since 2017 has tracked the decline in world output'
I would buy NAB and these blue chip ASX dividend shares
National Australia Bank Ltd (ASX:NAB) and these blue chip ASX dividend shares could be great options for income investors...
Sides in bitter forest dispute back at table on Sunday
With the longest strike in coastal forest history now into its eighth month, the two sides in the bitter dispute are heading back to the bargaining table.Western Forest Products and the United . . .
Iraq Garment Factory Fosters Multi-Ethnic Female Workforce
A garment factory in the small town of Bartella - east of Mosul, Iraq - employs some 550 workers; most of whom are women. The town is known by locals as ‘Small Iraq’ because workers from different religions and ethnicities live here. A factory of mostly women faces some issues.
Airbus Agrees to Pay $10Mln Fine for Violating US Arms Export Control Act - Statement
WASHINGTON (Sputnik) - Aircraft manufacturer Airbus has agreed to pay a $10 million fine for allegedly violating the US Arms Export Control Act by providing false information about its compliance with existing rules on arms sales overseas, the US Department of State said in a statement on Friday.
Facebook to remove coronavirus misinformation after WHO declares global emergency
Facebook Inc said on Thursday it will take down misinformation about China's fast-spreading coronavirus in a rare departure from its approach to ...
Argentina's debts, poverty on menu as Pope welcomes leader
Pope Francis on Friday received Argentina's new President Alberto Fernandez to the Vatican with his compatriot keen to address poverty and Buenos Aires' debts during private talks.
Canberra-Sydney high-speed rail bid was always too expensive
Cabinet documents have revealed the real story behind the Speedrail bid, which came so close to reality 20 years ago.
GCB Bank unveils first G-Money Mobile Wallet
news, story, article
Punjab Budget To Be Presented On Feb 25
The Amarinder Singh-led Punjab government will present its budget for 2020-21 on February 25.
One to Watch in Copenhagen: Custommade
The label Custommade is undergoing a repositioning and focusing on smaller, design-led collections and a wider accessories offer.
Ease of doing business: How India moved up the ranks and the road ahead
Economic survey 2019-20: The new blueprint
7 Underappreciated Foreign Dividend Stocks to Buy Now
This is a great time to add the benefits of diversification to your portfolio with some attractive foreign dividend stocks.
Nottingham families wanted for Channel 4's money saving programme Supershoppers
The hidden secrets of big brands will be revealed
Economic Survey 2019-20: Food inflation higher in urban areas
Economic Survey moots tighter monetary policy in case of food, fuel price shock
Piper Sandler Companies (PIPR) CEO Chad Abraham on Q4 2019 Results - Earnings Call Transcript
Piper Sandler Companies (NYSE:PIPR) Q4 2019 Earnings Conference Call January 31, 2020 09:00 AM ET Company Participants Chad Abraham - Chairman & Chief Executive Officer Deb Schoneman - President T
EU bank regulators lay out tougher doomsday stress test
EBA factors in period of ‘low for longer’ rates and 4%-plus economic contraction
Council thanks those who helped shape budget decisions
The Council carried out a budget survey in the latter part of 2019 to encourage residents and businesses to have their say
Amazon rejoins $1tn club on back of blockbuster earnings
Bezos empire alongside Apple and Microsoft after further share price gains
5.2 Magnitude Quake Strikes in Japan - EMSC
The quake occurred six kilometres to the west of the city of Ushiku, the US Geological Survey reported.
Coronavirus shadow overseafood exports to China
MPEDA Chairman, however says the impact is minimal
Coronavirus outbreak: Army sets up quarantine facility in Manesar for 300 students returning from Hubei
Coronavirus outbreak: The death toll in the outbreak has risen to 213, with the number of confirmed cases exceeding 9,000, China’s health authorities confirmed.
PBF Energy: A Mexican Billionaire Can't Get Enough Of This New Jersey Refiner
Billionaire Carlos Slim's fund has indiscriminately bought up over 8 million shares in PBF since May to increase its stake to 17.6%.Slim's involvement in PBF is not immediately clear, though it may be
U.S. consumer, factory data suggest economy losing momentum
WASHINGTON (Reuters - U.S. consumer spending rose steadily in December, but tepid income gains pointed to moderate consumption growth this year, which together with slumping business investment likely set the economy on a slower growth path this year.
Economic Survey 2020: India has low rates of formal entrepreneurship
Large number of enterprises operate in informal economy not captured by data
Canada: GDP bounced back in November – NFB
According to a report released on Friday, Canada’s real GDP rose 0.1% in November and 1.5% compared to a year earlier. Krishen Rangasamy, analyst at t
Eurozone economic growth in 2019 was slowest in 6 years
Jan. 31 (UPI) -- Economic growth last year for the eurozone was the lowest it's been in six years, mainly hampered by slowdowns in France and Italy, the European Commission said Friday.
Punjab budget to be presented on February 25
The cabinet decided to summon the 11th session (Budget Session) of the 15th Punjab Vidhan Sabha from February 20 to 28, according to an official spokesperson.
Bid to capture industry’s action on climate crisis
A new project aims to help the Scottish farming industry accurately record and measure the positive steps it is taking to tackle climate change by sequestering carbon.
Consequential train accidents decreased in 2018-19: Economic Survey
Stating that steps are being taken on a regular basis to prevent rail accidents, the Economic Survey on Friday said consequential train accidents registered a decline in 2018-19.
Fiscal deficit hits 132% of full-year target
The deficit was 112.4% of 2018-19 Budget Estimate (BE) in the corresponding period.
Hindustan Unilever clocks 4% sales growth
Firm hit by weak consumer sentiment
Employment scheme supervisors to strike over pensions
Supervisors in community employment schemes around the country are to hold a 24-hour strike on 14 February in a long-running dispute over their pension rights.
Indian Government Bans Exporting All Types of Respiratory Masks
New Delhi (Sputnik): The novel Coronavirus is spreading fast in China and causing health scares in many other countries with the World Health Organisation declaring it a global emergency. The death toll has swelled to 230, with 9,692 infected cases in China alone. As a precaution, health experts suggest wearing face masks in public places.
Economic Survey 2020: 60% women in world's fastest growing economy do housework
Women's participation in labour force reduced to 25.3 per cent in 2017-18 from 33.1 per cent in 2011-12, Economic Survey found
After 38 years, Island Bakery shuts off ovens
A family owned and operated commercial bakery that supplied bread to tens of thousands on the Island for 38 years has shut down its ovens.Island Bakery, which started life on Tennyson Avenue in . . .
How Idexx Laboratories Beat Expectations in Q4
The animal health company boosted its full-year 2020 earnings guidance, too.
Economic Survey 2020 pitches divestment in public sector undertakings
Economic Survey says public sector units performed better than peers after privatisation
President Kovind makes pitch for swadeshi to build 'a better tomorrow'
Protests in parliament against CAA, NRC mar his address
Zalmay Khalilzad, COAS Gen Bajwa discuss regional security
They also discussed matters relating to Afghan peace process.
NSE: All-Share Index closes trading for January at 28,843.53
The All-Share Index of the Nigerian Stock Exchange (NSE) on Friday closed trading for the month of January below 29,000 mark following the dominance of the bears.
Delta, American airlines halt flights to China amid coronavirus outbreak
The two largest US airlines plan to suspend all flights to China amid the country’s mushrooming coronavirus crisis. American Airlines is halting trips to and from mainland China on Friday
U.S. lifts sanctions on unit of China's biggest shipping company
In September, restrictions were placed on the Dalian units of China COSCO Shipping Corp., sending freight rates soaring as traders cancelled charters linked to the parent company.
SBI posts highest ever net on Essar Steel recovery
Asset quality improves, slippages stay elevated; no big ticket loan going forward, says CMD
ViacomCBS names NBC exec to head CBS
ViacomCBS has named George Cheeks as president and CEO of CBS Entertainment group starting March 23.
Coronavirus: US airline suspends flights to China
Following the devastating spread of the airborne disease, Coronavirus, a United States (US)'s airlines, Delta, has suspends flights bound to China.
FG mulls release of 2021-2025 Medium Term Development Plan
The Federal government says the successor Medium, Term National Development Plan: 2021-2025 will be ready soon.
It's easier to buy a gun in Delhi than to set up a restaurant: Economic Survey
"Although India has significantly reduced the time and cost of starting a business, a lot more needs to be done," it said.
Chinese tourists cancel trips to Canadian hotspots such as Banff, Yellowknife
Tour companies and hotels in destinations popular with Chinese tourists are starting to see cancellations after a new form of virus that has led to mass quarantines and more than 200 deaths in China.
Suspension of UK’s China flights ‘hits up to 35,000 passengers’
British Airways and Virgin Atlantic grounded flights to mainland China.
Dundee head teacher shows ‘very strong leadership’, says glowing school report
A Dundee school has been praised for its “positive culture” and respectful and supportive relationships following an inspection.
Delta just suspended China flights for longer than any other airline, a red flag as the unprecedented coronavirus wreaks havoc on the airline industry
Demand has plummeted because of the coronavirus outbreak, putting airline profits and China's economy at risk.
Top lawyer Barnabas Xulu ordered to pay back R20m in legal fees to fisheries department
Western Cape Judge President John Hlophe's lawyer, Barnabas Xulu, must repay the state more than R20m his firm received from the former Department of Agriculture, Forestry and Fisheries for work performed, the Western Cape High Court has ruled.
Economic Survey 2020 stresses on Assembled-in-India
The Survey states that by integrating "Assemble in India for the world" into Make in India, India can generate 4 crores well-paid jobs by 2025 and 8 crores by 2030
Half of BSNL TS staff opts out
About 5,000 employees take VRS
‘Fill vacancies in revenue, health,education wings on priority basis’
Recruitment should be need-based, says Jagan
Bank of India posts profit, scrip up 3%
The State-owned lender had posted a net loss of ₹4,643.71 crore in the year-earlier period.
Delta and American Airlines suspend all flights to mainland China over coronavirus
Delta and American Airlines are halting all flights to mainland China over concerns of the deadly coronavirus.
EAM Jaishankar thanks Chinese FM Wang Yi for help in evacuation of Indians from Wuhan
After his telephonic conversation with Wang, Jaishankar, in a tweet, said both sides agreed to stay in touch as China dealt with the challenge of the coronavirus. India on Friday sent an Air India flight to bring back Indians stuck in Wuhan after China granted the required permission.
Union Budget 2020: Economic Survey Introduces 'Thalinomics'; Here Is What It Entails
Dubbed as an attempt to quantify what a common person pays for a Thali, a new concept called ‘Thalinomics’ has been introduced in Economic Survey 2019-20.
Hooda slams Haryana govt.
‘Governance has come to a complete halt in the State’
Varcoe: Beyond politics, Teck’s oilsands project hinges on partners, pipelines — and prices
A political brawl has erupted over a pending federal decision on the massive Frontier oilsands mine, but it’s only one of several barriers facing the mega-project.As Alberta presses the Trude…
Neemuchwala quits Wipro, analysts say it’s good for tech giant
‘His tenure was fraught with struggles’
Suspension of UK’s China flights ‘hits up to 35,000 passengers’
British Airways and Virgin Atlantic grounded flights to mainland China.
Needed: fewer regulations for start-ups, says CEA Krishnamurthy Subramanian
“With a rank of 163 of the 190 nations in enforcing contracts, only a few countries like Afghanistan, Mozambique, and Zimbabwe perform worse than India.”
B.C. coronavirus testing continues, still only one confirmed case
International emergency measures aimed at poorer countries, Dr. Bonnie Henry says
Processes of exports, imports at KIA have improved vastly: Economic Survey
‘This is after implementation of authorised economic operators policy in 2016’
Citizens lament as website of Nigerian embassy in China carries Jonathan’s picture as president
SOME Nigerians on social media in series of tweets bewail over the official website of the country’s Embassy in China that still carries the
About 12, 787 farmers benefit from PFJ in East Mumprusi Municipality
news, story, article
Qantas Suspends All Flights To & From China As 10th Australian Coronavirus Case Confirmed
Major Australian airline Qantas has announced plans to suspend flights to and from China as the ongoing coronavirus outbreak causes logistical issues.
Russian bombers buzz Canadian airspace in Arctic
OTTAWA — Two long-range Russian bombers capable of carrying nuclear missiles buzzed Canadian airspace on Friday morning, the North American Aerospace Defence Command said, days after a senior military officer warned that North America's early-warning
Buy the JPY, sell the AUD? – Rabobank
"At the bottom of the G10 league since January 21 are the NOK, the AUD and the NZD," note Rabobank analysts. Key quotes "These three currencies have b
Beavercreek drivers to pay tax increase for street work
Next year, Beavercreek drivers will pay a $5 increase when registering or renewing their motor vehicle licenses.
3 ASX mining shares with dividend yields over 10%
If you're looking for huge income shares today then Whitehaven Coal Ltd (ASX: WHC) and these two mining companies definitely fit the bill.
Two ex-AMU students externed
Two former students of Aligarh Muslim University, including a former AMU Students’ Union vice- president, have been externed for a period of six months by the district administration. The students are
Nirdesh pins hope on Budget
₹200-crore package mooted to revive the project 4 years ago
Amazon stock soars following strong Q4 earnings report
Amazon shares are soaring after the e-commerce giant announced fourth quarter earnings that smashed expectations.
Mayo organisations join new national climate action campaign
Macalla Farm and Westport Eco-Congregation are among the Mayo-based organisations joining One Future, a new campaign group calling for faster and fairer climate action.
Bank of Ghana keeps policy rate unchanged at 16 percent
news, story, article
DOMO Chemicals completes acquisition of Solvay’s European polyamides business
DOMO Chemicals (Ghent, Belgium; www.domochemicals.com) has completed its acquisition of Solvay’s Performance Polyamides Business in Europe. This Business i
Vedanta profit rises 49% to ₹2,348 crore
Revenue, however, drops 10% to to ₹21,126 crore
Fed's Clarida: Yield curve inversion reflects global uncertainty rather than US outlook
Commenting on the recent inversion of the yield curve, Federal Reserve Vice Chairman Richard Clarida said that he was not worried about it and argued
Sides in bitter forest dispute back at table
Times ColonistWith the longest strike in coastal forest history now into its eighth month, the two sides in the bitter dispute are heading back to the bargaining table.Western Forest Products and . . .
The future looks bright for ACT art and design
The global appetite to "support the local and the handmade" is growing
Neemuchwala resigns after 4 years as Wipro CEO citing 'family commitments'
The board of directors has begun the process of looking for the next CEO, the company told the stock exchanges
Three women ask Postcard News editor Mahesh Vikram Hegde to sing Vande Mataram at Mangaluru airport
The incident comes days after stand-up comedian Kunal Kamra heckled Republic TV editor Arnab Goswami on a flight.
Banking services hit as employees strike work in Prakasam
20% hike in pay, five-day working week top their demand list
Chevron reports worst quarterly loss in a decade
Jan. 31 (UPI) -- Chevron on Friday reported its worst quarterly loss in a decade -- $6.6 billion for the last three months of 2019, due mainly to a write-off of its Appalachian shale production sites.
Two storey extension planned for Our Lady of Lourdes Hospital - Talk of the Town
A new two storey extension is planned for Our Lady of Lourdes Hospital in Drogheda. The proposed extension will facilitate the Acute Surgical Assessment Unit and the acute short stay in-patients admission areas should it proceed. The Health Service Executive has applied to Louth County Council for planning permission for a two storey building extension...Read More→
Core sector grows at 1.3% in Dec. 2019
The growth was, however, lower than the 2.1% recorded in December 2018.
HUL volume growth surprises, profit before tax up 14% in December quarter
The company's volume growth is also ahead of the overall FMCG sector's
Recession fears and how to combat them in 2020
The fear of not being able to pay for necessities is likely tied to the fear of an increased cost of living, so cutting your ongoing monthly spending is a good place to start.
Spouse Employment Training Program aims to heighten job security
Spouses of active-duty Air Force members can receive entry-level dental assistant skills training through the Air Force Aid Society-sponsored Spouse Employment Training Program offered at the Airman and Family Readiness Center.
Privatised CPSEs reported better profit, sales after transition: Economic Survey
Most privatised CPSE witnessed improvement in net worth, profit, gross revenue and sales growth after the transition, the Economic Survey has said.
A warning about 'ghost' tax preparers
It's tax season, and who you choose to file your taxes matter. The IRS issued this warning about unethical ghost tax preparers.
New tax rules mean millions will get an extra £104 from April
It will affect around 31 million full-time workers
Once-endangered 1855 Indiana home is revived as an inn
ATTICA, Ind. — Five months ago, Katy Kays was in Attica looking at a property she was thinking about buying, renovating and reselling. As Kays poked around a house that could have used a handy touch before the general manager of Lafayette’s Achieve Marketing and Consulting tried to flip it, she said she had a …
Planning application for upgrade of N24 road in Carrick-on-Suir will go on public display next week
The planning application for a long-awaited upgrade of 3.8km of the N24 running through Carrick-on-Suir will go on public display for six weeks starting this Monday, February 3. The p...
Pasteurized Camembert? French Cheesemakers Vote ‘Non’
A battle over the future of camembert, one of France's most emblematic cheeses, came to a head Friday after producers voted against allowing pasteurized versions of the venerable raw-milk pucks.
Southwest flew millions of passengers on planes that were missing maintenance records, according to a new report
More than 17 million passengers flew on planes that were missing required documentation over roughly two years, the report claims.
Man’s rights not infringed when personalized ‘Grabher’ licence plate was revoked, N.S. court rules
Lorne Grabher’s Nova Scotia plate was taken back in 2016 by the province’s Registrar of Motor Vehicles after the agency received a complaint from a woman who said it promoted hatred toward women
Bayer considers new tactic in Roundup settlement talks
(Reuters) - As Bayer AG (BAYGn.DE) tries to settle U.S. lawsuits claiming that its weedkiller Roundup causes cancer, the company is considering a proposal that would bar plaintiffs’ lawyers involved in the litigation from advertising for new clients, according to a person familiar with the matter.
Economic Survey: ‘Thalinomics’ Reveals How The Cost Of Your Thali Has Come Down Since 2015-16
How the common man’s food affordability has improved since 2015-16.
JCB Partners with Oceanpayment for Merchant Acquiring
Hong Kong & Tokyo, Jan 31, 2020 - (ACN Newswire) - JCB International Co., Ltd. ("JCBI"), the international operations subsidiary of JCB Co., Ltd., Japan's only international payment brand, and Oceanpayment Co., Ltd., China's leading cross-border payment brand, announced that they signed a License Agreement to start JCB merchant acquiring business. In order to strengthen the cooperative relationship, Mr. Hirohiko Sugiyama, Managing Director of JCB International (Asia) Ltd. and Lanny Yang, Co-Founder and EVP of Oceanpayment made greetings in Hong Kong to announce the partnership.
Apple Proposes Standardized Format for Delivering One-Time Codes Over SMS
Apple has proposed a standardized format for delivering one-time code over SMS.
LifeLabs data breach update
New evidence shows 4.7 million people in B.C. may have had their privacy breached following a hack at LifeLabs.
Rs 7,000 crore worth of transactions hit due to bank strike in Tamil Nadu
All India Bank Employees Association (AIBEA) general secretary CH Venkatachalam told Express that nine lakh cheques worth Rs 7,000 crore in the state could not be processed due to the bank strike.
Social Democrats propose affordable homes at €200k and the end to commuter hell in election manifesto
Entitled ‘Invest in Better’, the party said the document sets out a uniquely Irish version of the Nordic model”.
American optimism toward economy surges to 9-month high as job market hums
American households were more optimistic about the economy this month as a historically strong labour market helped offset a wave of potential concerns, including the impeachment trial of President Donald Trump and developments abroad.
Auto industry slowdown temporary: Economic Survey
The survey said that the “temporary auto slowdown may be attributable to certain other reasons such as lack of credit, base effect (as in last few years auto sector has grown rapidly), and structural changes like adoption of newer fuel standards from BS-IV to BS-VI from April 20 etc.”
Outflows lead to restrictions on Aviva property funds
Investors in two Aviva Life and Pensions commercial property funds have been told they cannot withdraw their money for six months because of recent net outflows.
Hospitals create awareness of coronavirus
Private hospitals in the city are not keen on setting up isolation ward but some have started awareness of symptoms of the infection. Two days after the first positive case of coronavirus was confirme
4.0 Magnitude Quake Hits Sivrice, Eastern Turkey - Kandilli Observatory Seismological Centre
Earlier this month, Turkey's Elazig province was hit by a 6.8-magnitude earthquake, which claimed the lives of 41 people and left more than 1,000 injured.
France Agrees to End Airbus Corruption Probe in $4B Deal
A French court has approved an agreement with Airbus that would see the planemaker pay up to $4 billion to end years of corruption investigations by three countries.
N.S. court says man's rights not infringed when Grabher licence plate was revoked
A Nova Scotia Supreme Court judge has dismissed a claim by a man who says the province infringed on his freedom of expression when it revoked a licence plate personalized with his surname -- Grabher.
Air depression to impact many parts of Oman
The Public Authority of Civil Aviation (PACA), has confirmed of a possible air depression during the next two days.
ITC Q3 pre-tax profit rises 4.5% to Rs 5049 cr on hotels, agro businesses
The company said that the macro-economic environment continues to be adversely impacted as reflected in GDP growth, and persistent weakness in consumption demand and investments
Airbus £830m settlement over UK bribery prosecution approved by High Court
The figure is the largest ever for a Deferred Prosecution Agreement and amounts to more than all previous similar settlements combined.
Airbus £830m settlement over UK bribery prosecution approved by High Court
The figure is the largest ever for a Deferred Prosecution Agreement and amounts to more than all previous similar settlements combined.
Romania's Transgaz signs MoU on development of natural gas networks in Eastern Europe
Romania's Transgaz national natural gas transmission corporation signed on January 28 a Memorandum of Understanding (MoU) on the Partnership...
Survey doesn’t address ground realities: Cong.
‘It’s an exercise in obfuscation’
Revival in sight: Economic Survey pegs FY21 GDP growth at 6-6.5%
Fiscal targets may have to be relaxed for the current year
Vinda International: Favorable Tailwinds Persist
Vinda International recorded its highest quarterly gross margin in history at 36.0% for 4Q2019, largely due to low wood pulp prices.Vinda International's revenue growth slowed in 4Q2019, but the compa
Delta just suspended China flights for longer than any other airline, a red flag as the unprecedented coronavirus wreaks havoc on the airline industry
Delta Air Lines said on Friday that it was suspending all its flights to China, becoming the first US airline to suspend all its routes to the country.
Maria Bartiromo believes Trump will strike trade deal with Europe this year
President Trump will clinch a trade deal with Europe within the next year, Fox Business host Maria Bartiromo said Friday.
Survey trusts free markets to create wealth
CEA Krishnamurthy Subramanian suggests many micro solutions for macro problems
Economic Survey 2020 Brings Out ‘Thalinomics’ To Quantify What A Common Man Pays For Thali Across India
Thalinomics attempts to answer whether a thali has become more or less affordable.
Soggy January: Rain of ‘almost biblical proportions’ fell on Vancouver Island
Rain is expected in Greater Victoria over the next few days, but nothing like the amount that has been falling on much of the rest of Vancouver Island. The volume of rain in many Island . . .
Economic Survey 2019-20 sources data from Wikipedia, other private entities
The Economic Survey 2019-20 has sourced certain data from Wikipedia, which is not considered as reliable source of information.Besides Wikipedia, the Survey has also relied on data from other private
Stocks decline as coronavirus keeps traders on edge
Stocks fell broadly Friday, the final day of the month, as traders tried to assess the potential economic impact of China’s fast-spreading coronavirus while weighing earnings from Caterpillar and Amazon.
GRAINS-Soybeans extend losing streak on coronavirus fears; corn firm, wheat weak
(Recasts, updates with U.S. trading, adds new analyst quote, changes byline/dateline; pvs PARIS/SYDNEY)By Mark WeinraubCHICAGO, Jan 31 (Reuters) - Chicago Board of Trade soybean futures fell on Friday, on track for their ninth straight day of losses, as concerns about the coronavirus cutting into Chinese demand beat back any attempts at a bargain-buying bounce, traders said.
Coronavirus: US stocks lose one per cent and Brits land back in UK
Wall Street has now fallen over one per cent as fears over the coronavirus outbreak continue to damage markets around the world.
Here are a few nuggets from Economic Survey in order to prevent frauds
Financial services exports have remained stagnant, averaging about $5 billion in recent years
Hlophe’s lawyer Barnabas Xulu ordered to pay back R20m to fisheries dept
Judge Rogers this week found BXI had received the payments for work done based on invalid writs of execution and notices of attachment.
Negros Oriental to put travelers from China in 14-day quarantine amid coronavirus threat
Negros Oriental Governor Roel Degamo's order comes after the health department revealed that the Philippines' first confirmed case of the novel coronavirus has a travel history to Dumaguete City
Leila Janah, Indian-origin entrepreneur who hired the poor, dies at 37
Samasource, one of her companies, said the cause was epithelioid sarcoma, a rare soft-tissue cancer.
Need new mechanism for revising fuel prices: South India Motor Transport Association
A revision once in three/six months can lift the mood of the transport sector that is battling many challenges, says SIMTA
Every day is snow day for Turkey's railroad workers
Traveling from Asia to Europe on a train is a comfortable journey for thousands but few know the people who make it possible. Armed with ice-breaking...
State taxes: Which are the most tax-friendly states for the wealthy?
Here is a list of 17 investments and strategies to help lower your taxes.
Countries On China's 'New Silk Road' Face Coronavirus Fears
Countries in and around China's "Belt and Road" trade routes in Central and South Asia are taking steps to protect themselves from the spread of the coronavirus. Pakistan has halted all flights to and from China, Kazakhstan has closed a flagship border free-trade zone, and Tajikistan is screening arrivals with thermal scanners.
‘No reason to feel defensive’: PM Modi asks NDA leaders to back CAA strongly
A BJP ally told news agency PTI that the Prime Minister called on his government to aggressively take on the opposition's charge that the CAA discriminated against Muslims.
Coronavirus outbreak: Do not travel to China, U.S. tells citizens
Japan also advised citizens to put off non-urgent travel to China, while Bahrain recommended no travel to any country hit by the virus, and Iran urged a ban on all travellers from China.
Managing investment, trade deficit: Are omnibus laws panacea for growth?
Two omnibus laws on job creation and taxation seem to be Jokowi’s new silver bullets to simplify Indonesia’s jungle of red tape. But are these laws the panaceas we have been looking for?
FP Dealmakers: Foreign firms gobbled up record number of Canadian companies in 2019
A number of Canadian companies were bought out by rivals or private equity firms last year
Sempur English Camp in Bogor preps children for brighter future
Initiated by a subdistrict head in Bogor, the Sempur English Camp aims to prepare its children to master the English language.
Surrey relents on Uber
Mayors in British Columbia's Lower Mainland have reached an agreement on an interim business licence for ride-hailing companies that want to operate in the region.
For start-up ecosystem to flourish, liquidity is the need of the hour
Tanuj Choudhry, Chief Business Officer, HomeLane India’s economic growth has been sluggish over the last few years and the impact has been concerning.
When It Comes To Cannabis Plays, Stay Away From Aurora Stock
Without a clear strategic plan to lower Aurora Cannabis's debt pile, a bet on Aurora stock would be nothing more than a gamble.
Seagull Centre diverts more waste from landfill
The Seagull Centre in Thames is set to divert more items from going to landfill with its new Resource Recovery Park, which was officially opened today by Thames Ward Councillor Martin Rodley in a ribbon-cutting ceremony.
Economic Survey 2019-20: India can chart China-like export trajectory
It calls for integrating ‘Assemble in India for the world’ into Make-in-India
Your guide to the February ASX reporting season
Investors are bracing themselves for what could be a volatile February reporting season. Here are some stocks and secotors you should watch.
Women are the single largest exclusion in India’s farmer suicides data: P Sainath
Delivering his valedictorian address at the XVI National Conference of Indian Association for Women's Studies (IAWS) here, Sainath, 63, said climate change was going to affect women more as they are the providers of water, food, fodder and fuels.
Panic in markets: If Coronavirus is not tamed, trade with China may slump
The real impact of trade can be gauged after February 8 when the Chinese New Year holidays end
UPDATED: Airlines canceling China flights over Wuhan coronavirus outbreak
As we’ve been blogging here at Boing Boing, the Wuhan coronavirus continues to spread, and airlines have begun suspending flights to and from China, where most confirmed cases are located. • …
Northern farmers ask Johnson for £300m to replace CAP payments
Estimates suggest that the majority of farmers rely on EU payments for at least 60% of farm income
Property of the Week: Old or new? Take your pick on Portobello Road
It may be home to the world’s largest antiques market; but Portobello Road in Notting Hill is surely just as renowned for its property.
Uptick in retail prices in FY20 mainly on veggies, pulses: Economic Survey
Consumer price inflation has been witnessing moderation since 2014, however, there has been an "uptick" in the prices of food items, particularly vegetables, owing to output disruptions and low base
Economic Survey sources data from Wikipedia, other private entities
The Survey is also marked by quotes from Shrimad Bhagavad Gita, Rig Veda, Adam Smith's 'An Inquiry into the Nature and Causes of the Wealth of Nations', Kautilya's Arthashastra, and Tamil saint and philosopher Thiruvalluvar's treatise The Thirukural.
GST collection crosses Rs 1.1 trn mark in January; in line with the target
In January, domestic GST collection was around Rs 86,453 cr. Around Rs 23,597 cr was collected through IGST and cess
How Political Changes Could Impact Walmart Stock
With a high forward P/E, Walmart stock is priced for perfection. Watch out for political changes this year, which may impact shares.
Entry screening not yet on cards for Irish airports as coronavirus spreads
Low level of exposure to Chinese tourists in Ireland, tourism bosses say
'Feel good' Budget may see cut in tax rate, sops for social sectors
FM is expected to pull out all stops to spur demand and investment, govt sources and economists said.
TS plans S-Hub with ₹25 cr. seed fund
Incubator to promote start-ups, sanitation and waste water recycling
3 main US airlines suspend flights between US and China over coronavirus
Delta Air Lines, American Airlines, and United Airlines
Corona virus: BMW extends factory vacation in China
The current plant vacation to celebrate the New Year will be extended by one week until February 9 in all three BMW Group plants in China
Indian Air Force’s AN-32 Aircraft Takes Flight Near Chinese Border With Bio-Fuel in Both Engines
New Delhi (Sputnik): The Indian Air Force (IAF) is aiming to cut fuel costs by around $4 billion by 2024. With the successful test of the biofuel- blend-powered transport aircraft , the IAF will gradually increase biofuel use across its fleet.
Can the Fed heavily pressure the USD? – Rabobank
"While the DXY dollar index turned lower following the dovish leaning of the FOMC on January 29, it remains above its January 21 level," note Rabobank
Buyer Payments And Seller Payouts In A Changing Sharing Economy
Here's a look at the evolution of buyer payments and seller payouts in the changing sharing economy.
Your business week: Halo Business Angel Network, SFA Business Connect 2020
Expert insight on hand from conference in Co Wicklow organised by Enterprise Ireland
Tractor Supply's Shopper Trends Turn Negative
The retailer blamed unusually warm winter weather for a sharp growth slowdown over the holiday season.
Economic Survey backs Temasek-like model proposed for divestment
Survey recommends transferring stake of listed govt firms to a corporate entity
Luckin Coffee Should Perk Up Your Portfolio
Luckin is growing at a breakneck pace.Profitability is on the horizon.The business and growth plan seem solid.The recent price drop provides a good entry point.
ITC Q3 net profit grows 29% to Rs 4,048 crore
Net sales increased 5.71 per cent during the December quarter this fiscal to Rs 13,220.30 crore, as opposed to Rs 12,506.05 crore in the corresponding period a year ago
India's annual growth slows to 5% as New Delhi vows revival
India needs to create jobs for the 1.2 million new entrants to the labor market every month but unemployment levels have hit a four-decade high.
Economic Survey: Take a cue from China to create 40 million jobs by 2025
Economic Survey: Take a cue from China to create 40 million jobs by 2025 Survey suggests integration of Assembling in India into Make in India
ESM Goh says Singaporeans need to be wary of and pay heed to POFMA
ESM Goh says Singaporeans need to be wary of and pay heed to POFMA
EUR/USD approaches a 1.1100 as the US dollar drops further versus majors
The EUR/USD pair rose further and printed a fresh weekly high at 1.1090. So far today it gained more than fifty pips, having the best daily performanc
Stroll acquires stake in Aston Martin
A consortium that includes Quebec billionaires Lawrence Stroll and Andre Desmarais is taking a significant stake in British car manufacturer Aston Martin — a move expected to have repercussions in the Formula One world.
Apple Supplier Japan Display Reaches $930 Million Bailout Agreement With Ichigo
Struggling Apple supplier Japan Display has reached a deal with Ichigo Asset Management to receive up to 100.8 billion yen ($930 million USD) in bailout funding.
Thalinomics in times of rising prices: Veg, non-veg thalis more affordable, says Eco Survey
Calling it 'Thalinomics', Krishnamurthy V Subramanian compared price of standard veg and non-veg meal plates across the country to say that affordability as a factor of daily wage has improved overtime, indicating improved welfare of the common person.
Greece still records highest youth unemployment in Europe
Greek City Times Article
Atlanta Fed's GDPNow stands at 2.7% for first quarter of 2020
The real gross domestic product (GDP) in the United States is expected to expand by 2.7% in the first quarter of 2020, the Federal Reserve Bank of Atl
Thailand confirms first human-to-human coronavirus transmission
The case is a Thai taxi driver, said Tanarak Pipat, deputy director-general of the Department of Disease Control.
NY Fed's GDP Nowcast fell to 1.5% for first quarter of 2020 from 1.7%
"Yesterday’s advance estimate from the Commerce Department of real GDP growth for 2019:Q4 was 2.1%. The latest New York Fed Staff Nowcast was 1.2%," n
Economic Survey 2019-20: GDP data accuracy story
The Economic Survey also added that since 10% increase in new firm creation increases district-level GDP growth by 1.8%.
Fifteen Percent of Italians Are Holocaust Deniers, Poll Shows
Some 20 percent of respondents agreed that Mussolini, Hitler’s ally and the father of 20th-century fascism, 'was a great leader who only made a few mistakes'
Airbus £830m settlement over UK bribery prosecution approved by High Court
The figure is the largest ever for a Deferred Prosecution Agreement and amounts to more than all previous similar settlements combined.
Wreckage of ship tied to Bermuda Triangle found off Florida
Scientists have found the wreckage of a cargo steamship that became associated with the Bermuda Triangle when it disappeared in 1925 off the Atlantic Coast of Florida. The 250-foot (76-meters) SS Cotopaxi was sailing from Charleston, South Carolina, to Havana when it disappeared along with its 32-person crew. But a…
Regional council approves GRT deal, buses will be back on the road Saturday
There has been no bus service for close to two weeks
30 years later, Economic Survey lays down the ground for Liberalisation 2.0
Embracing capitalism in a new avatar
Is 2020 set to be the year for farmers to act or to take stock?
East Anglian farmers wanting to buy or sell land should
4pm Transfer news LIVE: Cedric Soares and Zivkovic DONE DEALS, Bale move off, Giroud and King bids on Deadline Day
THE January transfer deadline is TONIGHT with many potential deals still to be done. Arsenal have signed Cedric Soares from Southampton on a season-long loan deal. Meanwhile, Olivier Giroud is expe…
Economic slowdown bottomed out, uptick from here onwards: CEA K V Subramanian after Economic Survey
Chief Economic Adviser K V Subramanian on Friday said India's GDP is expected to grow at 6-6.5 per cent next fiscal as the economic slowdown has bottomed out.
Luxembourg’s Regulator Warns on False Regulation of Crypto Bull
The Commission de Surveillance du Secteur Financier (CSSF) warned that a firm claiming to be authorized under the name Crypto Bull is in fact not licensed to carry out business from within its jurisdiction.
Wipro: A new CEO should go beyond the tried and tested
Wipro on Friday said its CEO & MD has resigned from the company citing family commitments. A statement from the company said the Board of Directors has initiated a search to identify the next
Privatisation pitch: BPCL’s short-term price rally not a convincing argument
What really matters for long-term wealth creation is true reforms and free market
Vulture sanctuary in cold storage
Increased visits by tigers in the corridor area adds urgency to the issue
WARNING: Do not allow babies consume water from Tipperary supply
Irish Water has issued a drinking water restriction notice to Tipperary residents. On the advice of the Health Service Executive, water from the Templetuohy Water Supply Scheme should not be con...
Worsening locust invasion threatens food security across East Africa
So far just $15 million has been mobilized to help stop the outbreak that threatens to worsen an already poor hunger situation for millions of people in Kenya, Ethiopia, Somalia and elsewhere.
Bank of Ghana’s corporate guidelines pushes some board chairs and CEOs out of office
The Bank of Ghana has revealed that several board chairs and Chief Executive Officers (CEOs) of banks in Ghana have left their positions.
These 3 Stocks Are Too Cheap to Pass Up
Who's looking for a deal?
‘Buying a gun easier than opening a restaurant in Delhi: Chief Economic Advisor’
Analogy given by Chief Economic Advisor for improving the ease of doing business in India
Dunne seeking US injunction against son, court hears
Developer seeking to prevent son accessing €14m from sale of Walford
Strike action by 500 home helps deferred for two weeks
Next week's threatened strike by up to 500 home helps in Dublin and Wicklow has been deferred for two weeks to allow the HSE to progress arrangements for pay restoration to the staff in question.
The Bubble: Bigger, Fatter, Uglier
Reflecting on presidential debate proclamations past.What progress has been made in addressing the big, fat, ugly bubble identified in September 2016?What are the implications of the bigger, fatter, u
Tipperary's Newman Julian says FG is only party to cut tax
People on average incomes 'are not rich'
Does Sensex really mirror the economy?
Change in index constituents also influenced by trading volume, market capitalisation
Next-gen Mini is on hold over Brexit and cost-cutting
Mini reportedly has delayed the development of its next-generation Cooper, due to cost pressures and Brexit uncertainty. Most Minis are built in the UK.
7 European ETFs to Buy as the Continent Begins Its Rebound
European equity markets have long lagged the U.S. But these European ETFs are worth a second look with nice valuations and yields.
Digital companies, liable to tax under new Finance Act — Osinbajo
Vice President, Yemi Osinbajo says multinational digital companies operating abroad with significant economic presence in Nigeria will be sub
The real estate industry hopes for favorable financial decisions in budget 2020
Ashish Sarin, CEO, AlphaCorp Considering the role of the sector in economy, there is intense speculation and simultaneous optimism that the government would announce some growth measures for the segment.
Economic Survey: India now global leader in monthly data consumption
For the quarter ending June 2019, the price of data was 7.7 per GB as compared to 200 per GB in June 2016. The Average Revenue Per User (ARPU) for GSM-based mobile services has also gone down substantially from 126 in June 2016 to 74.30 in June 2019, said the survey.
Sean Dunne initiates New York injunction proceedings against son
Dunne seeking to restrain son John Dunne from using funds held Cypriot firm
No recorded cases of the coronavirus in Saudi Arabia: Minister
No recorded cases of the coronavirus in Saudi Arabia: Minister
Airbus agrees to pay record €991m UK fine in €3.6bn global bribery settlement
A London court today approved a record €991m (£833m) fine for Airbus in exchange for suspending the prosecution of alleged [...]
HCL top employer across Europe, South Africa
HCL Technologies said it has been named Top Employer 2020 in the United Kingdom, Sweden, Germany, the Netherlands, Poland, France and South Africa.As well as achieving status as a Top Employer in mult
Promoted
With the retirement of three Directors-General of Police (DGP), three Additional Directors-General of Police (ADGP) have been promoted to the DGP rank and three Inspectors-General of Police (IGP) to t
Burger King says it never promised Impossible Whoppers were vegan
Burger King said plaintiff Phillip Williams should have asked how Impossible Whoppers were cooked before ordering one
Deficit at $11.8 billion
The federal government ran a deficit of $11.8 billion over seven months of its 2019-20 fiscal year compared with a deficit of $2.1 billion in the same period last year.
Wealth creation to Thalinomics: All you must know about Economic Survey '20
The overarching theme of the Economic Survey 2019-20 is creation of wealth over time and the implementation of policies that act as enablers in creation of this wealth
Billionaire F1 owner leads rescue deal for 007 sport car maker Aston Martin: reaction
Luxury sports car maker Aston Martin Lagonda has agreed to sell a £182 million stake to a consortium led by a Canadian billionaire as part of a major fundraiser to protect the future of the British manufacturer.
African Economic Outlook indicates steady growth through 2021
AfDB's 2020 African Economic Outlook shows that growth remained stable in 2019 at 3.4% and is on course to pick up to 3.9% in 2020, and 4.1% in 2021.
SBI posts highest-ever quarterly profit of Rs 5,583 crore in Q3
SBI Q3 results: The bank's gross non-performing assets (NPAs) ratio declined to 6.94 per cent in Q3FY20 versus 8.71 per cent in the same quarter last year
Economic Survey 2019-20 highlights: Back to Adam Smith's Invisible Hand
India's aspiration to become a $5 trillion economy depends critically on strengthening the invisible hand of the market, it said. And this needs to be done with the hand of trust through government intervention by facilitating pro-business policies.
Gas goes up, gas goes down
The price of petrol continues to yo-yo in the North Okanagan.
This globetrotting Lake Stevens bartender is aiming high
Macara “Mac” Hinds tended bar in Germany and traveled in Norway and Thailand. Now she is training to fly airplanes.
Premarket: World shares struggle for footing after virus-battered week
Oil and copper prices set for worst month since May
Number of foreign workers in Japan totals record 1.66 million
Chinese accounted for a quarter of the total with 418,327, followed by 401,326 Vietnamese and 179,685 Filipinos, the labor ministry says.
GDP growth neither over nor underestimated, data woes baseless: Eco Survey
The Economic Survey tabled in Parliament on Friday said the level and growth of a country's GDP informs several critical policy initiatives as it is a barometer of the economy's size and health
Crude Oil Futures: The negative view remains unchanged
Open interest increased by around 14.2K contracts on Thursday, reaching the second build in a row as per advanced readings from CME Group. In the same
Listed companies in Taiwan required to disclose info in English starting July
The move signals Taiwan’s bid to draw foreign investors, which hold a combined 40 percent stake in local equity market
Finance Ministry Summons Infosys Asking Explanation For Its Inability To Resolve Technical Glitches Galore In GST System
Finance Ministry Summons Infosys Asking Explanation For Its Inability To Resolve Technical Glitches Galore In GSTN
JUST IN: Downtown Dayton to get a new hotel with rooftop bar
The developer who opened downtown Dayton’s first newly constructed hotel in decades wants to build another one nearby by Day Air Ballpark, where the Dayton Dragons play.
Work at state-owned banks affected as employee unions go on 3-day strike
Private sector lenders like ICICI Bank and HDFC Bank were working as usual.
WTI pares back gains below $53 ahead of US drilling data
WTI (oil futures on NYMEX) reverses half the Thursday’s recovery rally and surrenders the $53 mark in European session this Friday. The black gold ext
GDP growth expected to rebound to 6-6.5 per cent in 2020-21: Economic Survey
The Economic Survey 2019-20 tabled in Parliament said there are tentative signs of bottoming out of slowdown in manufacturing activity and global trade, which will have a positive impact on growth in the next fiscal.
Oman advises against travel to China due to coronavirus outbreak
DUBAI (Reuters) - Oman’s health ministry on Friday advised against travel to China because of the coronavirus outbreak.
Markets cheerful despite slump in GDP growth, Sensex up 7%: Economic Survey
Benchmark indices Nifty50 and S&P BSE Sensex reached record highs during 2019-20 (up to January 16, 2020).
Market Pulse on January 30th
S&P 500 3283,66 +10,26.
Rural students spend more in books, uniform, stationery than urban: Survey
Among those who were enrolled, drop-out rate was as high as 10 per cent at primary level, 17.5 per cent at upper primary/middle, and 19.8 per cent at secondary level, the survey added.
Barclays introduces video games tax relief loans
Developers able to claim 90% of their tax credit before it is fully processed
Millennium Hotels and Resorts partners with Johnson Controls
In line with the UAE Agenda 2030 for Sustainable Development, Millennium Hotels and Resorts and Johnson Controls announced a Technology Alliance to drive energy savings and operational cost reduction applying latest energy efficiency product technology and digitalization concepts. Kevork Deldelian, Chief Executive Officer of Millennium Hotels and Resorts MEA, said: “We are delighted to collaborate with Johnson Controls on sustainable energy solutions to reduce operational costs. The partnership will address Millennium’s entire asset portfolio of existing and new hotels including more
Why businesses need to consider loyalty programmes
Loyalty programmes facilitate the development of a relationship with each customer through multiple touch points in the organisation, says LoyaltyPlus.
IKEA customers can now pay someone to build flatpacks in their homes
It's available for Nottingham customers
Thalinomics and the improved affordability of a plate of food
Move over the Big Mac Index! The Economic Survey 2020 has made a unique attempt to quantify the cost incurred in putting together one complete home-made meal — the healthy Indian thali.A trend of coin
Pakistan halts China flights amid coronavirus outbreak
LONDON: Civil disobedience group Extinction Rebellion staged a protest outside McKinsey & Company’s London office on Friday to demand the consulting firm use its influence over companies and governments to drive far-reaching action on climate change. At least 30 protesters gathered outside the building holding banners emblazoned with slogans such as “Business As Usual = Death”
Push for micro-irrigation says Economic Survey
The Economic Survey say that through government schemes like the Pradhan Mantri Krishi Sinchayee Yojana (PMKSY) which was launched in 2015 the area under micro-irrigation was increasing.
A little-known trucking company surges nearly 58% after Volkswagen unit makes a surprise offer to buy (NAV)
US truck manufacturer Navistar's shares shot up in pre-market trading Friday, after a Volkswagen unit said Thursday it could buy the company in ...
More documents needed to open a restaurant than to buy a pistol, says Economic Survey 2019-20
36 approvals are required to open a restaurant in Bengaluru, Delhi requires 26, and Mumbai 22.
WHO declares global virus emergency as death toll hits 213
The United States told its citizens not to travel to China in the first major response to the World Health Organization's declaration of a global emergency over the spreading coronavirus, as Chinese authorities Friday increased the toll to 213 dead and nearly 10,000 infections.
Abidali Neemuchwala resigns as Wipro CEO, to hold position till successor is found
The company has not specified any time frame to find the successor.
Drug Price Control Order led medicines to become costlier: Economic Survey
Survey urges government to opt for bulk procurement to provide affordable drugs
Gas explosion at a Russian engineering factory kills 5
MOSCOW — A gas explosion at a factory in Russia on Friday killed five people and injured three more, emergency officials said. The explosion occurred in Russia’s central Oryol region, causing an engineering production facility under construction to collapse. It wasn’t immediately clear what prompted the explosion. All three injured — reported by Russian media …
Asia shares fight for footing after turbulent week
Asian share markets battled to regain their footing on Friday as investors clutched at hopes China could contain the coronavirus, even as headlines spoke of ever more cases and mounting deaths.
SBI profit jumps 41% to ₹6,797crore in Q3 on lower provisioning
Consolidated income rose to ₹95,384.28 crore in the third quarter from ₹84,390.14 crore in October-December 2018-19, SBI said in a regulatory filing
Jeff Bezos added £10,000,000,000 to his fortune in just 15 minutes
The world's richest man just got richer.
Herdsmen weapons supplied from Côte d’Ivoire, Libya and Turkey ―Report
Herdsmen attacking farmers in Katsina state, and Zamfara state were reportedly supplied weapons from Côte d'Ivoire, Libya and Turkey.
Economic Survey 2020: The thali, India's own Big Mac Index
What Subramanian has done is somewhat similar to the Big Mac index, but at a national level. He has mapped out what a regular thali costs at a regional level and at the state level from 2007/08 to 2019/20
Volkswagen truck unit makes offer to buy Navistar in $2.9B deal
— Volkswagen AG’s Traton SE unit has offered to buy "the rest of" Navistar in a $2.9 billion bid, according to national media reports from Bloomberg and other outlets.
India's GDP growth neither over- nor underestimated, says Economic Survey
Recently, Arvind Subramanian, the Narendra Modi government's former chief economic adviser, had said India's economic growth rate has been overestimated by around 2.5 percentage points between 2011-12 and 2016-17 due to a change in methodology for calculating GDP.
USD/CAD moves back closer to multi-week tops/200-DMA
The USD/CAD pair reversed an early dip to sub-1.3200 levels and moved back closer to seven-week tops set in the previous session. Having touched an in
US tourism & leisure industry sees a drop of 10.3% in deal activity in December 2019
The US tourism & leisure industry saw a drop of 10.3% in overall deal activity during December 2019, when compared with the last 12-month average, according to GlobalData’s deals database. A total of 35 deals worth $415.18m were announced in December 2019, compared to the 12-month average of 39 deals. M&A was the leading category in the month in terms of volume with 19 deals which accounted for 54.3% of all deals. In second place was venture financing with 11 deals, followed by
EU court will not intervene in Croatia-Slovenia border dispute
The European Union's top court ruled on Friday that it had no jurisdiction to settle a border dispute between Slovenia and Croatia, complicating Croatia's accession to the Schengen free-travel area. Slovenia had argued that its fellow EU member could be sued under EU law because it was not implementing
Amazon lifts profit in Q4 despite weak international ops, sees mixed Q1
Amazon said revenues for its fourth quarter advanced to USD 87.4 billion from 72.4 billion the year before, including a negative forex effect of USD 120 million, well in line with expectations. Despite a forecast for a lower profit, the operating profit crept up to USD 3.9 billion from 3.8 billion, and the net profit lifted to USD 3.3 billion or USD 6.47 per diluted share, from 3.0 billion and 6.04 per share.
Farm confidence rises but concern about compliance costs
Farm confidence rises but concern about compliance costs runs deep
Budget 2020: How can FM Nirmala Sitharaman put India back on growth trajectory towards a $5 trillion economy
Union Budget 2020:
Economic Survey 2020 draws heavy references from Kautilya's Arthashashtra
Economic Survey 2020: The document also defends Kautilya and says that he is often misrepresented because of impartial reading of Arthshashtra
Retirement Target Date Allocation Glide Path In-Depth View
Allocation between OWN, LOAN and RESERVE Super Classes will determine the bulk of your investment returns.Age or retirement target date Allocation Glide Path provides guide to OWN and LOAN allocation
Economic Survey: Time to scrap Essential Commodities Act?
‘Government intervention in agriculture market doing more harm than good’
EEP Africa: grant financing for early-stage clean power projects
EEP Africa has opened a call for proposals aimed at applicants in need of grant financing to implement innovative early-stage clean energy projects in Southern and East Africa.
Budget Session: Economic Survey 2019-20 To Be Presented In Parliament Today
The budget session of the Parliament is set to commence from Friday (31 January) with an address by President Ram Nath Kovind to joint sitting of both the houses, reports India Today.
Britain reports first two cases of coronavirus
Two patients from the same family in England have tested positive for coronavirus, the first such cases in Britain, England's chief medical officer said on Friday.
Latest on travellers reportedly walking around village 'carrying chainsaws'
Residents previously said they were 'scared'
Qatar Airways to host 2nd CAPA Qatar Aviation Aeropolitical and Regulatory Summit
DOHA, QATAR – Following the success of last year’s CAPA Qatar Aviation, Aeropolitical and Regulatory Summit, the first summit of its kind held in the Middle East, Qatar Airways looks forward to welcoming industry leaders, national regulatory authorities, international and regional aviation organisations, and air transport executives from around the world to Doha next month for the second edition. This important summit will see senior aviation decision-makers from across the public and private sector gather for two days, from 5-6 February
Coronavirus: Spurt in fertiliser import costs seen due to plant closure
Exporters not to worried for now, say concerns may kick in only if virus spread isn't controlled; leather sector stand to gain.
In Talisay, desperate residents beg on the street for money, water
Talisay Mayor Gerry Natanauan says the municipal government cannot just stop the people from begging, as it is an 'opportunity' calamity victims tend to resort to
Economic Survey suggests cutting subsidy to increase fiscal legroom
Cutting the food subsidy can help provide more fiscal room, according to the Economic Survey.
Economic Survey Projects India's GDP Growth at 6-6.5 Per Cent for 2020-2021
New Delhi (Sputnik): Amid the widespread slowdown in the Indian economy, the government lowered its national income growth forecast for the current fiscal year from April 2019-March 2020 to 5 per cent against the earlier projections of 7 per cent.
Senate probes NNPC over $396m spent on refineries’ maintenance
The Senate on Thursday resolved to probe the Nigerian National Petroleum Corporation (NNPC) over the sum of $396 million expended on..
Bharti Airtel removed from DGFT’s Denied Entry List
Telecom major submits
Chinese tourists cancel trips to Canadian hotspots such as Banff, Yellowknife
Tour companies and hotels in destinations popular with Chinese tourists are starting to see cancellations after a new form of virus that has led to mass qua
Australia fires: timelapse shows huge smoke cloud rising near Canberra – video
Huge clouds of smoke rising over houses south of the Australian capital can be seen in a timelapse video as a new state of emergency is declared
Azmin to lead working visit to Japan to explore new economic cooperation
KUALA LUMPUR, Jan 31 — Economic Affairs Minister Datuk Seri Mohamed Azmin Ali will lead the Malaysian delegation of senior officials from his ministry for a six-day working visit to Japan from February 1-6. In a statement today, the Ministry of Economic Affairs (MEA) said the delegation will...
Economic Survey 2020 projects GDP growth at 6-6.5% in FY21
The Economic Survey 2020, prepared by Chief Economic Advisor Dr Krishnamurthy Subramanian, was tabled by Union Finance Minister Nirmala Sitharaman in Parliament Friday.
Coronavirus: Air India's special flight to depart from Delhi for Wuhan on Friday for evacuation of Indians
The government on Thursday reached out to over 600 Indians living in China's Hubei province, the epicentre of the novel coronavirus outbreak.
Economic Survey 2020: Theme, Colour, Significance | All You Need to Know
"As PM Narendra Modi said wealth can't be distributed unless it's created," said the CEA explaining why wealth creation has been chosen as the theme of this year's economic survey
Uptick in retail prices in FY20 mainly on veggies, pulses: Survey
The Economic Survey 2019-20, presented in Parliament by Finance Minister Nirmala Sitharaman stated that inflation has been witnessing moderation since 2014, however, recently there has been an "uptick
Monetary Authority Of Singapore: What It Will Take To Win Digital Banking Licenses
The Merchants Guide To Navigating Global Payments Regulations examines how financial and data regulations are changing across different markets like Singapore.
VN-Index plummets further amidst coronavirus crisis - VnExpress International
The benchmark VN-Index plunged 22.96 points, or 2.39 percent, to 936.62 Friday to reach its lowest level since February 11 last year.
China's factory activity falls in January as virus fears grow
Official figures released Friday showed that the Purchasing Managers' Index (PMI) for manufacturing, an early gauge of factory activity, came in at 50.0, down slightly from 50.2 in the month before. A reading above 50 indicates the sector is expanding while below 50 shows a contraction.
Chinese tourists cancel trips to Canadian hotspots such as Banff, Yellowknife
Tour companies and hotels in destinations popular with Chinese tourists are starting to see cancellations after a new form of virus that has led to mass quarantines and more than 200 deaths in China.
Unilever sales growth stagnates amid sluggish household consumption
The Anglo-Dutch company booked a 2.7 percent year-on-year (yoy) growth in sales to Rp 42.9 trillion (US$3.15 billion) in 2019, the company said in a statement obtained by The Jakarta Post on Thursday.
Uptick in retail prices in FY20 mainly on veggies, pulses: Economic Survey
The Survey has recommended measures to safeguard farmers through procurement under Price Stabilization Fund to help regulate the price volatility of important agri-horticultural commodities and also added that MSP needs to be made more effective. For the current financial year so far, food and beverages emerged as the main contributor to retail inflation.
RCMP pipeline checkpoint called arbitrary, discriminatory
VANCOUVER — The Wet’suwet’en hereditary clan chiefs and their supporters want a public investigation into the way the RCMP are controlling access along a rural road in northern B.C. The RCMP have. . .
Economic Survey 2020: Why CEA Refers to Band Baaja Baaraat Movie
"Even our South Indian audience can relate to this. The same situation was there in Tamil movie Aaha Kalyanam," the CEA said
Govt. has lowered prestige of President’s office by including CAA in his address: Ghulam Nabi Azad
Speaking at a press briefing after President Kovind’s address, Leader of the Opposition in the Rajya Sabha Ghulam Nabi Azad it was shameful that the government claimed the CAA to be an achievement and included it in the President’s address
IHG debuts upscale brand, voco in Africa with Valor Hospitality Partners Africa
JOHANNESBURG, SOUTH AFRICA - InterContinental Hotels Group, one of the world’s leading hotel companies, has signed voco The Bank, Rosebank in South Africa in partnership with Valor Hospitality Partners Africa. Earlier this year, IHG announced the signing of a Master Development Agreement (MDA) with Valor Hospitality Partners Africa to roll out multiple franchise hotels over the next 10 years, across IHG’s portfolio of brands in midscale, upscale and luxury segments. This is the first signing under the MDA and adds
Russian jets buzz Cdn Arctic
Two long-range Russian bombers capable of carrying nuclear missiles buzzed Canadian airspace on Friday morning, the North American Aerospace Defence Command said, days after a senior military officer warned that North America's early warning system is outdated.
Airlines suspend China flights because of coronavirus
(Reuters) - Airlines are suspending flights to China in the wake of the new coronavirus outbreak.
Funding National Infra Pipeline would be a 'challenge': Economic Survey 2019-20
To achieve GDP of USD 5 trillion by 2024 – 2025, India needs to spend about USD 1.4 trillion (Rs.100 lakh crore) over these years on infrastructure so that lack of infrastructure does not become a constraint to the growth of Indian economy, the survey said.
Govt plans to sell 15% take in HAL via offer for sale
The government is planning to sell 15 per cent stake in Hindustan Aeronautics Ltd (HAL) through an offer for sale, which could fetch about Rs 4,000 crore to the exchequer.
Public Mutual declares distributions of more than RM64m for five funds
KUALA LUMPUR, Jan 31 — Public Mutual, a wholly-owned subsidiary of Public Bank, today declared distributions amounting to more than RM64 million for five funds for the financial year ended January 31, 2020. The gross distributions include 5.0 sen per unit for Public Money Market Fund, 4.25 sen...
Easyjet reveals electric plane that will make flying greener and cheaper
The Wright 1 plane will be able to fly for an hour, meaning it could be used on short-haul flights such as London to Paris or Amsterdam
EU Lawmakers Vote Overwhelmingly in Favor of Charging Cable Standard, Despite Apple's Protestations
Despite criticism from Apple, EU lawmakers on Thursday voted overwhelmingly in favor for new rules to establish a common charger for all mobile device makers across Europe. From a report: Members of the European Parliament voted by 582-40 for a resolution urging the European Commission, which drafts...
United Business Solutions’ successful green printer offering
The remanufactured line is carefully handpicked from thousands of low-usage, off-lease and demo printers in Europe and around the world.
Myanmar earns US$310 M from fishery exports in 2020
Myanmar earned about US$310 million from fishery export from October 1 to January 17 in this fiscal year and it is more US$45 million compared with the amount of fishery export in the same period in the last fiscal year, according to figures from the Ministry of Commerce.
DBKL to offer special traffic compound rates from Feb 1
KUALA LUMPUR, Jan 31 — Kuala Lumpur City Hall (DBKL) will be offering special traffic compound rates as low as RM15 for motorcycles, cars and heavy vehicles from February 1- March 3 in conjunction with Federal Territory Day. The public may check and settle outstanding fines at all DBKL payment...
Indiabulls Real Estate to merge certain Embassy Property projects with self
Embassy is in discussions with financial investors such as The Blackstone Group Inc. and others to raise up to $200 million before the said merger. This equity investment of $200 million will bring significant cash in the merged entity for expanding its business operations.
Transfer Deadline Day as it happened - Shrewsbury and Wolves deals as they happen
Keep up to date with all the Shrewsbury Town and Wolves deals on Transfer Deadline Day!
ASEAN sustainable finance: A huge gap means a huge opportunity
While many investors, corporations and financial institutions have announced a commitment to achieving the SDGs, capital is not flowing at the required speed to those countries where SDG investment matters most.
Formal employment rises from 17.9% to 22.8% in 6 years: Economic Survey
Economic Survey: A rise in share of formal employment indicates that more people are getting regular jobs and being employed in the organised sector.
China's factory activity falls in January as virus fears grow
China's manufacturing activity slipped in January, official data released Friday showed, as the country grapples with a new virus that has claimed more than 200 lives.
Raising funds for infrastructure will be "challenge": Economic Survey
States that well prepared projects might attract investors
Amir meets heads of military colleges from brotherly and friendly countries
Amir H H Sheikh Tamim bin Hamad Al Thani met yesterday, at the headquarters of Ahmed Bin Mohammed Military College, with heads of military colleges from brotherly and friendly countries, who called upon H H the Amir to greet him on the occasion of their visit to the country to attend the graduation ceremony of the college’s 15th batch.
Bitfinex Exchange Launches Tether Gold (XAUT) Margin Trading with 5x Leverage
Bitfinex crypto exchange has announced the launch of its Tether Gold margin trading service. Traders on the platform can now trade various pairs of Tether Gold, including XAUt/USD, XAU/USDt and XAUt/BTC with up to 5x leverage, according to a press release on January 30, 2020.
Amazon lifts profit in Q4 despite weak international ops, sees mixed Q1
Amazon said revenues for its fourth quarter advanced to USD 87.4 billion from 72.4 billion the year before, including a negative forex effect of USD 120 million, well in line with expectations. Despite a forecast for a lower profit, the operating profit crept up to USD 3.9 billion from 3.8 billion, and the net profit lifted to USD 3.3 billion or USD 6.47 per diluted share, from 3.0 billion and 6.04 per share.
Germany: Evacuation of more than 100 Germans from China starting shortly
BERLIN (Reuters) - Foreign Minister Heiko Maas said on Friday that a German military plane would be leaving for China shortly to evacuate more than 100 German citizens, none of whom are infected with the coronavirus or suspected of having contracted it.
Tribal leaders make the case for sales tax-sharing deals
A new law would affirm a sales tax agreement the Tulalip Tribes reached with the state and county.
Economist who counted $40 billion cost from SARS predicts far bigger hit from new coronavirus
The global cost of the coronavirus could be three or four times that of the 2003 SARS outbreak, which sapped the world's economy by $40 billion, according
Rewane outlines sectors to drive economy in 2020
Bismarck Rewane says Nigeria’s economic growth will be dependent on three sectors going into 2020.
Chinese Poll Tax Heritage Trust funding round now open
MEDIA RELEASE
Bank employees across India participate in two-day nationwide strike
The employees have joined the strike as the early wage revision settlement has been due since November 1, 2017
AJCS ranked first in Gulf region for the third year
Al Jazeera Centre for Studies (AJCS) was ranked the top think tank in the Gulf region for the third year in a row by the Think Tanks and Civil Societies Program (TTCSP) at the University of Pennsylvania in its 2019 Global
Iraqi cleric Al-Sistani condemns use of force, 11 protesters wounded
DUBAI: Oman's health ministry on Friday advised against travel to China because of the coronavirus outbreak. "It is advisable not to travel to China unless it is absolutely necessary," the ministry said in a Twitter posting.
Asian investors eye low-cost housing - VietNamNet
JLL estimates that hundreds of millions of dollars from Japan, South Korea, Singapore and China are waiting to be funneled into Vietnam’s real estate market.
PSU banks staff strike may affect branch, ATM services
However, private sector lenders like ICICI Bank and HDFC Bank would be operational.
Profit jumps at Hargreaves Lansdown despite Woodford scandal
Profit before tax at investment platform Hargreaves Lansdown climbed 12 per cent in the first half of its financial year [...]
Why Africa can no longer be ignored - AfDB - Premium Times Nigeria
The president of the African Development Bank (AfDB), Akinwunmi Adesina, has said that Africa can no longer be ignored because it has a huge market...
Billionaire F1 owner leads major rescue deal for sport car maker Aston Martin
Luxury sports car maker Aston Martin Lagonda has agreed to sell a £182 million stake to a consortium led by a Canadian billionaire as part of a major fundraiser to protect the future of the British manufacturer.
Copper Futures: There is still room for further losses
In light of preliminary prints from CME Group, open interest and volume went up by around 7.6K contracts and more than 3K contracts, respectively, on
Top ASX stock picks for February 2020
We asked our Foolish writers to pick their favourite ASX shares to buy in February 2020. Here is what they came up with…
IBM chief Ginni Rometty to step down
Cloud business boss Arvind Krishna to succeed.
Facebook to remove Coronavirus fake news after WHO flags global emergency
The move is unusually aggressive for Facebook, which generally limits the distribution of content containing health misinformation through restrictions on search results and advertising
Nirmala Sitharaman’s bahi khata: More for aam adami?
The buzz is that she will be addressing the demand side of economy — giving consumers more money to spend without cutting back on government expenditure on social schemes
Here’s The List Of Top Ten Most Expensive Bank Accounts In Kenya
It will cost you at least Ksh17,750 per year to maintain the most expensive bank account in Kenya, a new study by Financial Sector Deepening (FSD) has found.The study found that Standard Chartered
GAN expects earnings to beat market expectations
Gambling software company anticipates earnings of between £7m and £8m
Notable turnaround in mineral production due to policy reforms: Survey
The production of major minerals during 2018-19 has recorded a growth of 25 per cent over previous year in terms of value, it said
WHO declares coronavirus outbreak a global health emergency; death toll hits 213
"Our greatest concern is the potential for the virus to spread to countries with weaker health systems," says WHO chief.