Top German court to rule on VW 'Dieselgate' compensation

Almost five years after Volkswagen's admission to cheating on emissions tests involving millions of diesel engined cars, a top German court will on Monday finally rule in a battle over compensation for tens of thousands of affected owners.

Top German court to rule on VW ‘Dieselgate’ compensation

FRANKFURT AM MAIN, May 25 — Almost five years after Volkswagen’s admission to cheating on emissions tests involving millions of diesel engined cars, a top German court will today finally rule in a battle over compensation for tens of thousands of affected owners. In a preliminary finding in...

German court rules against VW in 'Dieselgate' compensation scandal

About four years after the Volkswagen Diesel scandal broke, Germany's Federal Court passes a binding rule on compensation for consumers

Volkswagen scandal: Top German court rules automaker must pay 'dieselgate' compensation

Germany's top civil court has ruled against Volkswagen in the first case brought by a car owner against the automaker for emissions test cheating. The ruling sets a precedent for thousands more cases.

Germany’s highest court rules VW should offer Dieselgate compensation

Thousands of motorists can now claim damages from the carmaker.

Germany's top court to rule on compensation for Volkwagen 'Dieselgate' scandal

Almost five years after Volkswagen's admission to cheating on regulatory emissions tests involving millions of cars, Germany's top court will on Monday finally rule in a battle over compensation for…

Volkswagen ordered to compensate motorists in landmark ‘Dieselgate’ ruling

A German federal court judge ruled on Monday that Volkswagen has to pay compensation to motorists who purchased vehicles with manipulated diesel engines, a major blow for the carmaker in its home mar…

Germany's top court to rule on compensation for VW diesel cheating

In an early May hearing, judges at the Federal Court of Justice (BGH) said there was a chance for at least partial compensation for some VW buyers, saying they had indeed been harmed by purchasing a manipulated vehicle.

Top German court grants buybacks for Volkswagen diesel car owners

News News: Almost five years after Volkswagen's admission to cheating on emissions tests involving millions of diesel-engined cars, the ruling is the first real

Top German court grants buybacks for Volkswagen diesel car owners

Almost 5 years after Volkswagen's admission to cheating on emissions tests, the ruling is the first real legal setback for VW in its home country

VW defeated in landmark Dieselgate case brought by van buyer

German court ruling will force carmaker to compensate tens of thousands more customers

Volkswagen loses landmark German case as diesel owners stand to receive damages

The ‘dieselgate’ scandal has so far cost Volkswagen more than $32.7 billion in damages and regulatory fines

Top German court grants buybacks for VW diesel car owners

KARLSRUHE, May 25 — A top German court ruled today that Volkswagen must buy back a diesel car it modified to appear less polluting, a decision that could influence the outcome of tens of thousands of other “dieselgate” cases. Judges at the Federal Court of Justice (BGH) in Karlsruhe...

New emissions blow for VW as German court backs damages claims

KARLSRUHE, Germany (Reuters) - Volkswagen (VOWG_p.DE) must pay compensation to owners of vehicles with rigged diesel engines in Germany, a court ruled on Monday, dealing a fresh blow to the automaker almost five years after its emissions scandal erupted.

Top German court grants buybacks for VW diesel car owners (Update)

A top German court ruled Monday that Volkswagen must buy back a diesel car it modified to appear less polluting, a decision that could influence the outcome of tens of thousands of other "dieselgate" ...

Top German court grants buybacks for VW diesel car owners

A top German court ruled Monday that Volkswagen must buy back a diesel car it modified to appear less polluting, a decision that could influence the outcome of tens of thousands of other "dieselgate" cases.

Lufthansa's US$9.8 billion bailout bogged down in talks with EU

Germany’s 9 billion-euro (US$9.8 billion) bailout of Deutsche Lufthansa AG is being slowed by discussions meant to ensure the rescue plan receives swift European Union approval once it’s finalized, people familiar with the matter said.

Germany stamps authority on Lufthansa with $9.8 billion lifeline

The largest German corporate rescue since the coronavirus crisis struck will see the government get a 20% stake, which could rise to 25% plus one share in the event of a takeover attempt, as it seeks to protect thousands of jobs.

Germany stamps authority on Lufthansa with $9.8 billion lifeline

Germany stamps authority on Lufthansa with $9.8 billion lifeline

Germany stamps authority on Lufthansa with $9.8 billion lifeline

Germany threw Lufthansa a 9 billion euro ($9.8 billion) lifeline on Monday, agreeing a bailout which gives Berlin a veto in the event of a hostile bid for the airline. Lufthansa has been locked in talks with Berlin for weeks over aid it needs to survive an expected protracted travel slump, with the

Lufthansa says Germany approves stabilization package

Lufthansa says Germany approves stabilization package

Germany's Lufthansa agrees to government's $9.8b aid

Deal will also place federal government with a major say in airline's future course

Germany approves 9 billion euro aid package for Lufthansa

FRANKFURT, Germany (AP) — Germany on Monday approved a 9 billion-euro ($9.8 billion) aid package for stricken airline Lufthansa to keep a major employer going through the turbulence of the...

German gov't to climb aboard at Lufthansa in virus rescue

(UPDATED) To help Lufthansa, the German government offers a 3-billion-euro loan and 5.7 billion of 'silent' capital. It also seeks to buy 20% of the company for 300 million euros.

German govt to climb aboard at Lufthansa in virus rescue

Berlin will climb aboard airline giant Lufthansa as its largest shareholder in a nine-billion-euro ($9.8 billion) rescue if investors and competition authorities agree, as the coronavirus-stricken carrier ...

Talks on Lufthansa aid not concluded yet: ministry

BERLIN (Reuters) - Negotiations on a government bailout for coronavirus-stricken airline Lufthansa (LHAG.DE) are in their last phase but have not been concluded yet, a spokeswoman of the German economy ministry said on Monday.

Lufthansa state rescue deal agreed in principle, say sources

FRANKFURT AM MAIN, May 25 — Coronavirus-stricken German airline group Lufthansa has agreed in principle a nine-billion-euro (US$9.8 billion) rescue deal that would see the government come onboard as a shareholder, sources told AFP today. With mangers and ministers in agreement, Lufthansa’s...

Greece resumes island ferry services in bid to salvage tourist season

More than 34 million visitors travelled to Mediterranean country last year

Greece resumes island ferry services in bid to salvage summer tourist season

Travel to the islands had been generally off-limits since a lockdown in late March.

Greece Restarts Ferries to Islands, Reopens Cafes, Restaurants

ATHENS, Greece (AP) - Greece restarted regular ferry services to its islands Monday and cafes and restaurants were also back open for business as the country accelerated efforts to salvage its tourism season.

Greece reopens restaurants, resumes island ferry service, following coronavirus closures

Fancy a holiday?

In race for tourism, Greece reopens cafes, island ferries

Greece restarted regular ferry services to its islands Monday, and cafes and restaurants were also back open for business as the country accelerated efforts to salvage its tourism season.

Greece resumes island ferry services in bid to salvage summer tourist season

Travel to the islands had been generally off-limits since a lockdown in late March.

Greece resumes island ferry services in bid to salvage summer tourist season

Travel to the islands had been generally off-limits since a lockdown in late March.

Bharti Telecom to sell $1 bn stake in Airtel

 Bharti Telecom is selling upto $1 billion of its shares in Bharti Airtel through a secondary market block deal on Tuesday.

Bharti Airtel promoter to raise USD 1 billion through equity

Bharti Telecom to sell $1 bn stake in Airtel through block deal

Promoter to sell 2.75% stake worth $1 bn in Bharti Airtel via block deals

Shares are being offered to large investors at 6 per cent discount to March 22 closing price of Rs 593; Mittal company joins top Indian companies in raising funds

Bharti Airtel Promoter Said To Plan $1 Billion Fundraising To Become Debt Free

Bharti Telecom plans to sell 2.75% equity stake, equivalent to 150 million shares, at a floor price of Rs 558 apiece.

Numbers on Rent Supplement payment up 20% since beginning of Covid-19 pandemic

Housing groups have warned that Ireland could see a rise in evictions as a result of the crisis.

New payment to support Kiwis through Covid-19

The Government today announced a new temporary payment to support New Zealanders who lose their jobs due to the global COVID-19 pandemic to adjust and find new employment or retrain.

NEW UPDATE: Payments awarded for Covid-19 Pandemic Unemployment Payment and Enhanced Illness Benefit

Welfare

Covid-19: Minister confirms review of special unemployment payment

Figures show 35,600 people who were receiving the benefit are now returning to work

COVID-19 payment: Shops finding it "extremely" difficult to source staff

Shops and newsagents say they are finding it “extremely” difficult to get staff to return to ...

German court ruling clears the way to settle VW diesel cases

KARLSRUHE, Germany — A German court has ruled that Volkswagen must buy back cars from owners of its diesel cars equipped with software that evaded emissions testing — but consumers must accept the . . .

German court ruling clears way to settle VW diesel cases

The decision affects some 60,000 individual claims brought by car owners in Germany.

German court ruling clears the way to settle VW diesel cases

KARLSRUHE, Germany (AP) — A German court has ruled that Volkswagen must buy back cars from owners of its diesel cars equipped with software that evaded emissions testing — but consumers must accept the current value of the car based on the mileage they drove since buying it, not the purchase price.Volkswagen said the decision announced Monday would clear the way for settlement of remaining consumer claims in Germany. The decision affects some 60,000 individual claims brought by car owners there; around 262,000 others have already been covered by an 830 million-euro ($904 million) class-action settlement.“For the majority of the 60,000 pending cases, this ruling provides clarity,” the company said in a statement.

German court ruling clears way to settle VW diesel cases

The decision affects some 60,000 individual claims brought by car owners in Germany.

German court ruling clears way to settle VW diesel cases

The decision affects some 60,000 individual claims brought by car owners in Germany.

Coronavirus effect: 40% travel, tourism companies may shut down in 3-6 months, says report

"The travel and tourism sector is going through a very bad phase. It has taken a severe beating due to the COVID-19 outbreak with lakhs of people dependent on it suffering immense losses and job cuts," the report said

40% travel, tourism firm staring at complete shutdown risk in next 3-6 months: Report

The report said that 81 percent travel and tourism companies have lost their revenue up to 100 percent while 15 percent of the companies have witnessed it slide up to 75 percent.

40% travel, tourism firms staring at complete shutdown risk in next 3-6 months: Report

The report said that 81% travel and tourism companies have lost their revenue up to 100% while 15% of the companies have witnessed it slide up to 75%

40% tourism firms staring at complete shutdown risk in next 6 mnths: Report

The report said that 81 per cent travel and tourism companies have lost their revenue up to 100 per cent

Lockdown impact: Tourism companies staring at complete shutdown, seek government aid

The survey report further revealed that 38.6 per cent travel companies are going for job cuts and another 37.6 per cent of the companies are considering the option with uncertainty looming large.

Hertz car rental company has filed for bankruptcy

As a result of the COVID-19 pandemic, the Hertz car rental company files for bankruptcy protection

Hertz files for bankruptcy after rental-car demand vanishes

Drop in used-car sales compounds financial woes.

Hertz files for US bankruptcy protection as car rentals evaporate in pandemic

The firm, whose largest shareholder is billionaire investor Carl Icahn with a nearly 39 percent ownership stake, is reeling from government orders restricting travel and requiring citizens to remain home.

Hertz Bankruptcy And Fleet Liquidation Threaten To Make Mess Of Used-Vehicle Prices With Burst Of 'Pent-Up Supply'

Here come the “bankruptcy-remote special-purpose subsidiaries” and $14.5 billion in rental-vehicle-backed securities. The Chapter 11 bankruptcy filing of Hertz

S&P/TSX composite index up on broad-based rally, while U.S. stock markets closed

Canada's main stock index posted a triple-digit advance in late-morning trading, fuelled by a broad-based rally on the Toronto Stock Exchange.

S&P/TSX composite starts week higher, U.S. stock markets closed for holiday

TORONTO — Canada's main stock index started the trading week by moving higher, fuelled by gains in the financial and industrial sectors. The S&P/TSX composite index was up 94.85 points at 15,008.49. U.S.

Toronto stock market rally led by cannabis while U.S. stock markets closed

Canada's main stock index posted a triple-digit advance to start the trading week on a broad-based rally led by a resurgence among cannabis stocks.

TSX starts week higher

Canada's main stock index started the trading week by moving higher, fuelled by gains in the financial and industrial sectors.

Nigeria’s GDP rises by 1.87% in Q1 2020

Nike Popoola In the first quarter of 2020, Nigeria’s Gross Domestic Product grew by 1.87 per cent (year-on-year) in real terms. The National Bureau of Statistics revealed in ‘Nigeria’s Gross ...

Nigeria’s GDP expands by 1.87% amid global challenges

The non-oil sector contributed 90.50% to the nation’s GDP in the first quarter of 2020, less than the 90.78% in the first quarter of 2019

Nigeria’s economic growth slows to 1.87% in Q1’2020

Nigeria recorded a lower GDP or economic growth of 1.87 percent, year-on-year, in the first quarter of the year (Q1’2020).

Despite coronavirus outbreak, Nigeria’s economy grew by 1.87% in Q1

Nigeria’s Gross Domestic Product (GDP) grew by 1.87% on a year-on-year basis in the first quarter of 2020 despite many economic contractions around the world, a new by National Bureau of Statistics report has shown. The performance recorded represented a contraction of 0.23 per cent compared to Q1 2019 and a contraction of 0.68 per […]

Citi warns that coronavirus may push 31 million women into unemployment and knock $1 trillion from world GDP, Business Insider - Business Insider Singapore

Business Insider - Overall there are 44 million workers at risk of losing their jobs because of the pandemic, Citi said. 31 million women, and 13 million men.. Read more at businessinsider.sg

Gucci announces plans to cut back to 2 fashion shows a year as the coronavirus pandemic ravages the luxury fashion industry, Business Insider - Business Insider Singapore

Business Insider - "I will abandon the worn-out ritual of seasonalities and shows to regain a new cadence, closer to my expressive call," Gucci's creative director said.. Read more at businessinsider.sg

Citi warns that coronavirus may push 31 million women into unemployment and knock $1 trillion from world GDP

Global GDP could shrink as much as $1 trillion if a predicted 31 million women lose their jobs during the coronavirus pandemic, Citi has warned.

Citi warns that coronavirus may push 31 million women into unemployment and knock $1 trillion from world GDP

Global GDP could shrink as much as $1 trillion if a predicted 31 million women lose their jobs during the coronavirus pandemic, Citi has warned....

Bust-up over climate weighs on EU-UK talks, risks trade rifts

BRUSSELS (Reuters) - Britain’s refusal to seal climate commitments in a new deal with the European Union to govern their relations after Brexit has become a stumbling block in their deadlocked talks and raises the risk of future trade disputes.

Bust-up over climate weighs on EU-UK talks, risks trade rifts

* EU worried over level playing field on climate after Brexit* UK says it has own ambitious goals, rejects binding EU targets* Talks on new Brexit deal deadlocked before June crunch timeBy Gabriela Baczynska and Kate AbnettBRUSSELS, May 25 (Reuters) - Britain's refusal to seal climate commitments in a new deal with the European Union to govern their relations after Brexit has become a stumbling block in their deadlocked talks and raises the risk of future trade disputes.

Bust-up over climate weighs on EU-UK talks, risks trade rifts

Britain's refusal to seal climate commitments in a new deal with the European Union to govern their relations after Brexit has become a stumbling block in their deadlocked talks and raises the risk of future trade disputes. While Britain has joined the global Paris agreement to fight climate change

I received a $1,000 stimulus check from the government — here's exactly what I did with it, Business Insider - Business Insider Singapore

Business Insider - Erin Greenawald wanted to give back to local businesses, so she donated to freelancer funds, commissioned art, and bought gift cards from restaurants.. Read more at businessinsider.sg

I received a $1,000 stimulus check from the government — here's exactly what I did with it

Erin Greenawald wanted to give back to local businesses, so she donated to freelancer funds, commissioned art, and bought gift cards from restaurants.

I received a $1,000 stimulus check from the government — here's exactly what I did with it

Erin Greenawald wanted to give back to local businesses, so she donated to freelancer funds, commissioned art, and bought gift cards from restaurants.

Air Canada, Transat deal faces intense EU antitrust scrutiny

Air Canada, Transat deal faces intense EU antitrust scrutiny

Air Canada’s Bid for Transat Gets Extended EU Merger Probe

Air Canada’s bid for tour operator Transat A.T. Inc. faces an extended probe from European Union regulators who said the deal may hamper competition by combining the two biggest airlines linking Europe and Canada.

AC-Transat deal scrutinized

European regulators are launching an in-depth investigation into Air Canada's deal to buy travel company Transat AT amid European Commission concerns the deal may reduce competition and result in higher prices.

Covid-19: Will stimulus package work – Hits and misses

In the Covid-19 stimulus package, five pillars of Atmanirbhar Bharat were stressed upon: economy, infrastructure, tech-driven system, vibrant demography and demand.

Australian economy must come off Covid-19 ‘life support’, PM to say

SYDNEY, May 25 — Australia’s economy must not become reliant on government stimulus, Prime Minister Scott Morrison will say tomorrow, as Canberra unwinds state support and accelerates plans to spur growth. Australia has reported just over 7,100 Covid-19 infections, including 102 deaths. That is...

Household fragility points to post-COVID pain

New data suggesting two in five households have a buffer of less than one month’s pay if they lose their jobs adds to calls for the government to keep stimulus measures in place.

EU must present united front to shield pandemic-hit banks: regulator

EU must present united front to shield pandemic-hit banks: regulator

EU must present united front to shield pandemic-hit banks: regulator

European countries need to join forces to shield their banks from the coronavirus outbreak, one of the bloc's top regulators said on Monday, potentially using a 500 billion euro ($545 billion) EU recovery fund to do so. The remarks from Jose Manuel Campa, who leads the European Banking Authority

EU must present united front to shield pandemic-hit banks: regulator

FRANKFURT (Reuters) - European countries need to join forces to shield their banks from the coronavirus outbreak, one of the bloc’s top regulators said on Monday, potentially using a 500 billion euro ($545 billion) EU recovery fund to do so.

Meet Cyrus, who wants to own Virgin through the virus and beyond

Every good auction needs a smokie.

CBD Melbourne: Some free advice for private equity giant Bain

Jayne Hrdlicka could be Virgin’s next CEO or the chairwoman if Bain Capital is successful in its bid for the airline. Interestingly, she's still on the payroll of her former employer.

CBD Melbourne: Some free advice for private equity giant Bain

Jayne Hrdlicka could be Virgin’s next CEO or the chairwoman if Bain Capital is successful in its bid for the airline. Interestingly, she's still on the payroll of her former employer.

Mexico can benefit from Chinese economic slowdown, Lopez Obrador says

Mexico can benefit from Chinese economic slowdown, Lopez Obrador says

Mexico can benefit from Chinese economic slowdown, Lopez Obrador says

MEXICO CITY, May 25 — A slowdown in China’s economy this year should allow Mexico to attract more investment, lure companies and create jobs, Mexican President Andres Manuel Lopez Obrador said today. Speaking at a regular government news conference, Lopez Obrador pointed to forecasters’...

Coronavirus could cost Mexico a million jobs: President

Mexican President Andres Manuel Lopez Obrador said on Sunday that the novel coronavirus could cost as many as a million jobs in the country as ...

Liz Weston: Find free, solid money advice in uncertain times

If you have money questions — and who among us doesn’t right now? — there are plenty of people willing to offer advice: friends, relatives and random strangers on the...

Liz Weston: Find free, solid money advice in uncertain times

If you have money questions — and who among us doesn’t right now? — there are plenty of people willing to offer advice: friends, relatives and random strangers on the internet.Finding someone who knows what they’re talking about, and who isn’t trying to take advantage of you, can be tougher. Fortunately, several groups of credentialed, trustworthy financial advisers are stepping up to offer free help.Groups such as the Financial Planning Association, the XY Planning Network, the National Association of Personal Financial Advisors, the Association for Financial Counseling & Planning Education and the National Foundation for Credit Counseling are among the organizations offering free consultations to help people na

Liz Weston: Find free, solid money advice in uncertain times

If you have money questions — and who among us doesn’t right now? — there are plenty of people willing to offer advice: friends, relatives and random strang

Chief Scientist clashes with Lucy Turnbull over 'shipping sunshine'

Former Lord Mayor Lucy Turnbull and Chief Scientist Alan Finkel debated Australia's energy future on Q+A. They agreed on the end goal but not how to achieve it.

Chief Scientist clashes with Lucy Turnbull over 'shipping sunshine'

Former Lord Mayor Lucy Turnbull and Chief Scientist Alan Finkel debated Australia's energy future on Q+A. They agreed on the end goal but not how to achieve it.

Chief Scientist clashes with Lucy Turnbull over 'shipping sunshine'

Former Lord Mayor Lucy Turnbull and Chief Scientist Alan Finkel debated Australia's energy future on Q+A. They agreed on the end goal but not how to achieve it.

ITA estimates Rs 2,100 crore revenue loss for tea industry in Assam and West Bengal during Mar-May

The Indian Tea Association (ITA) has pegged a revenue loss of Rs 2,100 crore for the industry in Assam and West Bengal during March, April and May.

Indian Tea industry suffers loss of Rs 2100 crore in WB and Assam

Kolkata: The tea industry in two states, West Bengal and Assam is staring at a loss of around Rs 2,100 crore due to the Covid-19 pandemic as production has dipped by a whopping 65 percent in the past two months.

Find out the impact COVID-19-induced lockdown has had on the tea industry

PNC Financial Services Group Inc. Sells 14,392 Shares of Koninklijke Philips NV (NYSE:PHG)

PNC Financial Services Group Inc. trimmed its holdings in Koninklijke Philips NV (NYSE:PHG) by 12.6% in the first quarter, HoldingsChannel.com reports. The institutional investor owned 99,418 shares of the technology company’s stock after selling 14,392 shares during the quarter. PNC Financial Services Group Inc.’s holdings in Koninklijke Philips were worth $3,992,000 at the end of […]

Edison International (NYSE:EIX) Shares Sold by PNC Financial Services Group Inc.

PNC Financial Services Group Inc. reduced its position in shares of Edison International (NYSE:EIX) by 3.5% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 96,271 shares of the utilities provider’s stock after selling 3,487 shares during the period. PNC Financial […]

Cenovus Energy Inc (NYSE:CVE) Shares Sold by Fiera Capital Corp

Fiera Capital Corp reduced its stake in shares of Cenovus Energy Inc (NYSE:CVE) (TSE:CVE) by 14.2% during the 1st quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 228,789 shares of the oil and gas company’s stock after selling 37,838 shares during the period. Fiera Capital Corp’s holdings in […]

Oppenheimer Asset Management Inc. Has $831,000 Stake in Spirit Realty Capital Inc (NYSE:SRC)

Oppenheimer Asset Management Inc. raised its stake in shares of Spirit Realty Capital Inc (NYSE:SRC) by 56.5% in the first quarter, according to its most recent 13F filing with the SEC. The fund owned 31,797 shares of the real estate investment trust’s stock after purchasing an additional 11,473 shares during the period. Oppenheimer Asset Management […]

Mackay Shields LLC Invests $1.78 Million in Axon Enterprise Inc (NASDAQ:AAXN)

Mackay Shields LLC acquired a new position in shares of Axon Enterprise Inc (NASDAQ:AAXN) during the first quarter, Holdings Channel.com reports. The fund acquired 25,200 shares of the industrial products company’s stock, valued at approximately $1,784,000. A number of other institutional investors and hedge funds also recently modified their holdings of AAXN. Wealth Quarterback LLC […]

Mackay Shields LLC Cuts Stake in Jack Henry & Associates, Inc. (NASDAQ:JKHY)

Mackay Shields LLC lowered its position in shares of Jack Henry & Associates, Inc. (NASDAQ:JKHY) by 0.5% in the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 11,985 shares of the technology company’s stock after selling 58 shares during the quarter. Mackay Shields LLC’s holdings […]

Fixed Exchange Rate: More harm than good

The Reserve Bank of Zimbabwe suspended the new managed floating exchange rate and introduced the fixed exchange rate of 1 US Dollar to 25 Zimbabwean Dollars on ...

With The New ZWL $10 Banknote Worth Just US$0.25, Is RBZ Serious?

With the Reserve Bank of Zimbabwe (RBZ) coming through with its promise to issue higher denominated banknotes, this raises questions on how serious the

First there was JobSeeker, then JobKeeper - now it's JobMaker

Scott Morrison has signalled more federal control over skills training, accusing the states of running a system that is complex, clunky and unresponsive.

PM steps in on vocational education, pushing more federal control

Scott Morrison has signalled more federal control over skills training, accusing the states of running a system that is complex, clunky and unresponsive.

Reverse migration can spur housing demand in tier 2 and 3 cities post COVID-19: ANAROCK report

One significant trend may be reverse migration spurring housing demand in Tier 2 & 3 cities, says the ANAROCK report.

Commercial real estate to move northwards in Tier 2 markets post Covid-19

Factors like good location, easy accessibility, improvement in basic infrastructure, increased connectivity with suburbs and the availability of skilled manpower have turned smaller cities into an attractive business destination.

Power back on for nearly 2,700 Hydro customers in Colwood, Langford

Power has been restored to nearly 2,700 B.C. Hydro customers after an outage in Colwood and Langford this morning. The power went out for 2,678 customers in an area east of Worral Drive, north of. . .

BC Hydro orders curtailments

At least one independent power producer in B.C. has been told by BC Hydro to stop producing power, as a result of plummeting demand during the COVID-19 pandemic.

India's oil minister: India's June fuel demand to reach year-ago level

India's oil and steel minister Dharmendra Pradhan said on Monday that India's fuel demand is expected to reach the "year-ago level" in June, as report

Economic package is a mix of supply-side and demand-side measures: Dharmendra Pradhan

The oil industry is faced with an extraordinary situation. Our government’s view is to take a cautious and conscious approach of a balance in price, save it and use it for welfare, says Petroleum Minister

Genting Malaysia Bhd to undertake MSS, VSS for employees in Covid-19 restructuring exercise

KUALA LUMPUR, May 25 — Genting Malaysia Bhd (GENM) announced today it will undertake mutual and voluntary separation schemes for its employees to further mitigate the adverse financial impact from the ongoing Covid-19 pandemic. In an internal memo circulated to its employees sighted by Malay...

Survey shows majority of youths agree Covid-19 stimulus package can boost economy

KUALA LUMPUR, May 25 — The majority of youths feel the Economic Stimulus Package will counter the impact of the Covid-19 pandemic and boost the national economy. A survey conducted by the Institute for Youth Research Malaysia (IYRES) from April 14 to 24 found that 97. 2 per cent of the 2,928...

Oil New York Price Forecast: WTI recovery limited below 34.25 level

The crude oil recovery is taking a break after making fresh May’s highs. WTI is trading above its main SMAs on the four-hour benefiting bullish momentum in th

USD/INR New York Price Forecast: Greenback knocking at the 76.00 resistance vs. Indian rupee

USD/INR is testing the 76.00 figure while above the main SMAs on the daily chart. The bulls remain in charge at the start of the new trading week. A close abov

An expedition will recover the Titanic's telegraph — the radio it used to call for help as it sank. Here's how it'll work., Business Insider - Business Insider Singapore

Business Insider - A specially designed robot is set to enter the Titanic's Marconi suite, where operators issued the sinking ship's last distress call.. Read more at businessinsider.sg

An expedition will recover the Titanic’s telegraph — the radio it used to call for help as it sank. Here’s how it’ll work.

A federal judge ruled this week that a salvage company can go forward with a plan to recover the telegraph that the Titanic used to send out distress calls as it sank.

EUR/USD: At risk of extending its slide

The EUR/USD pair hovers around the 1.0900 level in a quiet start to the week, with the shared currency founding support in a better than anticipated G

EUR/USD: Time to buy a ticket for the 1.20 level – Nordea

It is probably too optimistic to expect both common EU debt and a widespread regulatory roll back, but it may be worthwhile buying a EUR lottery ticke

Business gives Ramaphosa’s plan to reopen economy the thumbs up

South African business leaders lauded the government’s plan to substantially ease a nationwide lockdown that’s crippled the economy, even as the number of the coronavirus cases grows exponentially.

Business Cheers Plans to Reopen South Africa’s Economy

South African business leaders lauded the government’s plan to substantially ease a nationwide lockdown that’s crippled the economy, even as the number of the coronavirus cases grows exponentially.

How coronavirus impacts buyers in real estate market

Notwithstanding the positive outlook for the Nigerian property market in 2020, the COVID-19 pandemic has impacted negatively on the market, leaving property investments in disarray.

Social distancing in home selling: How Lehigh Valley real estate agents are adapting to new reality

The housing market scene might soon resemble more of a hospital and less of a home but Lehigh Valley real estate agents say these measures are going to be crucial moving forward amid the COVID-19 pandemic.