Economy 5127 May12:0014:0016:0018:0020:00
Renault-Nissan-Mitsubishi deepen their alliance

27 May 12:45 20 articles

Renault-Nissan-Mitsubishi deepen their alliance

As the auto industry faces an existential crisis from the coronavirus pandemic, Renault, Nissan, and Mitsubishi pledge to work together to 'enhance efficiency and competitiveness'

27 May 12:45 Rappler 1882105643872887964.html
Renault, Nissan, And Mitsubishi Detail Alliance Business Changes

The part that caught our attention the most is the so-called principles of the leader-follower scheme for vehicles.

27 May 09:10 Motor1.com 1648269241009478522.html
Nissan-Renault alliance to share more parts, technology

The auto alliance of Nissan and Renault said Wednesday it will be sharing more vehicle parts, technology and models to save costs as the industry struggles to survive the coronavirus pandemic.

27 May 00:00 The Washington Times 8941836441865018688.html
Nissan-Renault alliance to share more parts, technology

Alliance Operating Board Chairman Jean-Dominique Senard said the group, which also includes smaller Japanese automaker Mitsubishi Motors Corp., will have each company focusing on geographic regions.

27 May 08:47 The Economic Times 7653256037834434101.html
Factbox: Renault and Nissan's plan to rebuild their alliance

TOKYO (Reuters) - The automaking alliance of Renault SA (RENA.PA), Nissan Motor Co (7201.T) and Mitsubishi Motors Corp (7211.T) outlined a new strategy on Wednesday whereby the strongest partner takes the lead in areas such as new technologies and parts procurement.

27 May 12:50 Reuters 8334514180936186332.html
Renault and Nissan rule out merger

As they unveil survival plan.

27 May 10:04 Moneyweb 1092550946454573403.html
Renault's Senard says it does not need to merge with Nissan

PARIS (Reuters) - Renault (RENA.PA) Chairman Jean-Dominique Senard said on Wednesday that there was no need for a merger with its partners Nissan (7201.T) and Mitsubishi (7211.T).

27 May 08:20 Reuters 8334514179899739477.html
Renault and Nissan rebuild their alliance to ride out the coronavirus storm

When Renault SA , Nissan Motor Co and Mitsubishi Motors Corp announced the last strategy plan for their Alliance in September 2017, the goal was ...

27 May 05:45 CNA 5644198862449809904.html
Renault and Nissan deepen cooperation in bid for survival

Renault and Nissan deepen cooperation in bid for survival

27 May 00:00 Investing.com 5710361974939385857.html
Renault and Nissan deepen cooperation in bid for survival

TOKYO, May 27 — Renault, Nissan Motor Co and Mitsubishi Motors Corp said today they would each take a lead on car manufacturing in different regions in a wide-ranging revamp of their partnership to slash costs and survive. The three carmakers are reeling from the coronavirus pandemic which...

27 May 08:22 Malaymail 302165935524892050.html
Nissan and Renault unveil steps to cut costs and revamp alliance

Renault SA and Japanese partners Nissan Motor Co. and Mitsubishi Motors Corp. on Wednesday unveiled steps to standardize platforms further and push for mor

27 May 12:13 The Japan Times 6673764367335510887.html
Renault and Nissan scrap Ghosn strategy in move to slash costs

Carmakers rule out merger and ditch longstanding sales targets as alliance with Mitsubishi switches focus

27 May 10:42 Ft 707176888516954575.html
Renault and Nissan rule out merger as they unveil survival plan

Companies to cooperate more closely on car production to save costs

27 May 13:22 Gulf News 2086521545209962382.html
Renault, Nissan, Mitsubishi outline new plan to survive coronavirus crisis

On Wednesday, the Alliance partners will outline a new plan with a less lofty objective, survival, the Reuters reported

27 May 07:26 Business-Standard 1502508925052657259.html
Renault-Nissan announce plan to deepen cooperation to ensure group's survival

TOKYO (Reuters) - Renault SA, Nissan Motor Co and Mitsubishi Motors Corp on Wednesday announced details of a new strategy plan pledging to deepen cooperation in developing and producing cars to survive as an automaking group.

27 May 11:33 Reuters 8334514181702502617.html
From boom to bottom: Renault and Nissan bet on deeper cooperation

As Renault, Nissan and junior partner Mitsubishi repair their alliance, they are under pressure to recover from two years of falling vehicle sales, a problem exacerbated by the coronavirus pandemic

27 May 13:36 Business-Standard 1502508924805508353.html
Renault could build cars at Nissan’s Sunderland factory in the future

The Renault Nissan Mitsubishi Alliance has been outlining its plans for the future.

27 May 13:17 Express & Star 7324224460083671177.html
Timeline: From boom to bottom: Renault and Nissan bet on deeper cooperation

(Reuters) - Renault SA (RENA.PA), Nissan Motor Co (7201.T) and Mitsubishi Motors have no plans to merge and will instead focus on a new production sharing plan to cut costs and improve efficiency, Chairman Jean-Dominique Senard said on Wednesday.

27 May 11:35 Reuters 8334514180972436677.html
Renault, Nissan rebuild alliance to ride out coronavirus storm; thousands of jobs to be at risk after restructuring plans: Report

When Renault SA, Nissan Motor Co and Mitsubishi Motors Corp announced the last strategy plan for their Alliance in September 2017, the goal was to become the world’s biggest automaker by 2022.

27 May 05:12 Firstpost 4760741713535667051.html
Nissan-Renault alliance to share more parts, technology

The auto alliance of Nissan and Renault said Wednesday it will be sharing more vehicle parts, technology and models to save costs as the industry struggles to survive the coronavirus pandemic.

27 May 11:33 CTVNews 2422791598119079721.html
Japan’s new stimulus package to be JPY117.1 trillion – Bloomberg

27 May 03:42 14 articles

Japan’s new stimulus package to be JPY117.1 trillion – Bloomberg

Citing a document outline the additional stimulus budget, Bloomberg reports that Japan’s new package is likely to be JPY117.1 trillion. more to come .

27 May 03:42 FXStreet 4480975640148569000.html
Factbox: Key spending in Japan's second stimulus package of $1.1 trillion

TOKYO (Reuters) - Japan’s cabinet approved on Wednesday a fresh stimulus package worth $1.1 trillion, among the world’s largest fiscal plans to cushion the economic blow from the coronavirus pandemic.

27 May 11:12 Reuters 8334514180734302421.html
Japan eyes fresh US$1.1t stimulus to combat pandemic pain

TOKYO, May 27 — Japan will compile a fresh stimulus package worth US$1.1 trillion (RM4.8 trillion) that will include a sizable amount of direct spending to cushion the economic blow from the coronavirus pandemic, a draft of the budget obtained by Reuters showed today. The stimulus, which will be...

27 May 02:41 Malaymail 302165934873282147.html
Japan eyes fresh $1.1 trillion stimulus to combat pandemic pain

Japan will compile a fresh stimulus package worth $1.1 trillion that will include a sizable amount of direct spending to cushion the economic blow from the coronavirus pandemic, a draft of the budget obtained by Reuters showed on Wednesday. The stimulus, which will be funded partly by a second extra

27 May 02:13 Yahoo 7097669638763027423.html
Japan eyes fresh $1.1 trillion stimulus to combat pandemic pain

To fund the costs, Japan will issue an additional 31.9 trillion yen in government bonds under the second supplementary budget for the current fiscal year ending in March 2021, according to the draft.

27 May 03:28 The Indian Express 2885715104574672605.html
Japan eyes fresh $1.1 trillion stimulus to combat pandemic pain

TOKYO — Japan will compile a new $1.1 trillion stimulus package that includes significant direct spending, to stop the coronavirus pandemic pushing the world’s third-largest economy deeper into recession, a budget draft seen by Reuters showed on Wednesday.

27 May 05:22 Financial Post 2379081493770929787.html
Japan eyes fresh $1.1t stimulus to combat pandemic pain

The stimulus, which will be funded partly by a second extra budget, will be on top of a $1.1 trillion package already rolled out last month.

27 May 10:54 The Jakarta Post 7678601103943431611.html
Japan approves fresh $1.1 trillion stimulus to combat pandemic pain

TOKYO (Reuters) - Japanese Prime Minister Shinzo Abe’s cabinet approved on Wednesday a new $1.1 trillion stimulus package that includes significant direct spending, to stop the coronavirus pandemic pushing the world’s third-largest economy deeper into recession.

27 May 11:12 Reuters 8334514180918881229.html
Japan doubles down on stimulus with extra $1 trillion in aid

Package includes financing for companies, rent subsidies and healthcare assistance

27 May 12:51 Gulf News 2086521545504208423.html
Japan outlines fresh stimulus package for virus-hit economy

'With this world's biggest package equivalent to 40% of our GDP, we'll protect the Japanese economy through this once-in-a-century crisis,' says Prime Minister Shinzo Abe

27 May 13:00 Rappler 1882105643857391440.html
Japan approves fresh $1.1 trillion stimulus to combat coronavirus pain

The record stimulus of 117 trillion yen, which will be funded partly by a second extra budget, followed another 117 trillion yen package rolled out last month.

27 May 10:50 The Indian Express 2885715104614388894.html
Japan approves fresh $1.1-trillion stimulus to combat economic impact of coronavirus

The record stimulus of 117 trillion yen, which will be funded partly by a second extra budget, followed another 117 trillion yen package rolled out last month

27 May 11:06 The Globe and Mail 68426410647909865.html
Japan approves fresh $1.1 trn stimulus to combat Covid-19 economic fallout

The latest package includes 33 trillion yen in direct spending, the Ministry of Finance (MOF) said.

27 May 13:16 Business-Standard 1502508926055103936.html
Japan's new budget to include US$302b in direct spending, reports Mainichi

TOKYO, May 27 — Japan's government plans to include US$302 billion (RM1.32 trillion) in direct spending under a second extra budget to be compiled today, to cushion the economic blow from the coronavirus pandemic, the Mainichi newspaper reported. The 32.5 trillion yen (RM1.32 trillion) in...

27 May 00:47 Malaymail 302165935255733618.html
Global energy investment may see a record fall in 2020 over Covid-19: IEA

27 May 07:29 14 articles

Global energy investment may see a record fall in 2020 over Covid-19: IEA

Governments are easing restrictions put in place to curb the spread of the virus after the confinement of around 3 billion people brought the global economy to a near standstill

27 May 07:29 Business-Standard 1502508924994879477.html
Global energy investment to drop by $400bn

An IEA report indicates that Covid-19 has set in motion the largest drop in global energy investment in history from fossil fuels to renewables and efficiency.

27 May 08:49 ESI-Africa.com 2679729877377327273.html
Global energy investment expected to tumble 20% in 2020 due to COVID crisis: IEA

PARIS (Reuters) - Global energy investment is expected to plunge by around 20% or $400 billion in 2020, its biggest fall on record, because of the new coronavirus outbreak, the International Energy Agency (IEA) said on Wednesday.

27 May 04:24 Reuters 8334514181339995726.html
IEA: Covid-19 crisis causing biggest fall in global energy investment in history

In a report published on Wednesday, the Paris-based International Energy Agency (IEA) highlighted that the coronavirus crisis causing biggest fall in

27 May 05:23 FXStreet 4480975638333041252.html
Global energy investment expected to tumble 20pc in 2020 due to Covid-19 crisis, says IEA

PARIS, May 27 — Global energy investment is expected to plunge by around 20 per cent or US$400 billion (RM1.74 trillion) in 2020, its biggest fall on record, because of the new coronavirus outbreak, the International Energy Agency (IEA) said today. The Paris-based IEA said this could have serious...

27 May 04:31 Malaymail 302165934798306438.html
Virus sparks record drop in energy investment – IEA

The International Energy Agency estimates global energy investment may plunge by almost $400 billion in 2020

27 May 05:30 Rappler 1882105642686355368.html
Virus sparks record drop in energy investment: IEA

The energy industry is set to suffer a record drop in investment due to the coronavirus fallout, the IEA said on Wednesday, and while renewables are likely to fare better than oil, any swift economic ...

27 May 08:03 Tech Xplore 4945708899756875975.html
Virus sparks record drop in energy investment: IEA

The Paris-based International Energy Agency (IEA) estimated the plunge will be of the order of one-fifth from 2019 levels, or almost $400 billion.

27 May 11:56 The Jakarta Post 7678601102952363658.html
Virus sparks record drop in energy investment: IEA

All the energy sectors -- oil, gas, renewables -- everything is affected but the biggest impact is on shale oil, the agency's director Fatih Birol said

27 May 11:34 New Vision 9103146372575578371.html
The IEA warns global energy investment will fall by $400 billion in 2020, the biggest drop in the sector’s history

Global investment in the energy sector is expected to plunge by almost $400 billion in 2020 compared to last year as the pandemic takes a beating on the energy sector, the International Energy Agency warned on Wednesday.

27 May 12:20 Business Insider Malaysia 8325046882487725574.html
Global energy spending to fall $400bn due to coronavirus crisis

IEA says investments in low-carbon technologies falling far short of climate goals

27 May 04:00 Ft 707176888580857182.html
COVID-19 crisis causing biggest fall in global energy investments

Kampala, Uganda | THE INDEPENDENT | The COVID-19 pandemic has set in motion the largest drop in global energy investment in history with spending expected to plunge in every major sector this year – from fossil fuels to renewables and efficiency – the International Energy Agency said in a new report released today. The unparalleled …

27 May 13:50 The Independent Uganda: 5099025990906676289.html
Global spending on oil to drop by $1 trillion in 2020 says IEA

Investment in energy sector will see its biggest drop this year says the agency

27 May 08:18 Gulf News 2086521543751258182.html
The IEA warns global energy investment will fall by $400 billion in 2020, the biggest drop in the sector's history, Business Insider - Business Insider Singapore

Business Insider - Before the crisis, the IEA was expecting global energy investment to increase by 2% now it expects a decline of 20% compared to last year.. Read more at businessinsider.sg

27 May 12:20 www.businessinsider.sg 5090408755903294982.html
EU Commission: European recovery plan and next long-term budget to use €1.85 trillion

27 May 11:08 14 articles

EU Commission: European recovery plan and next long-term budget to use €1.85 trillion

The European recovery plan and the next long-term budget will use €1.85 trillion to kick-start the EU economy, Reuters reported on Wednesday, citing t

27 May 11:08 FXStreet 4480975638541124593.html
EU proposes 750 billion-euro coronavirus recovery fund

BRUSSELS (AP) — The European Union proposed Wednesday a 750 billion-euro ($825 billion) recovery fund to help countries weather a painful recession triggered by the coronavirus and bridge divisions over...

27 May 00:26 The Seattle Times 9121942837954472005.html
EU proposes €750 billion coronavirus recovery fund

The European Commission has proposed a recovery fund of €750 billion, which it says is designed to repair the economic damage caused by the coronavirus pandemic.

27 May 02:20 RTE.ie 7595237278664615233.html
EU unveils unprecedented 750 bn euro recovery plan

European Union chief Ursula von der Leyen on Wednesday proposed a 750-billion-euro post-virus recovery fund for Europe, but will have to win over sceptical member states to push it through.

27 May 02:00 Digital Journal 4566489172105439864.html
European Commission proposes €750B EU recovery package

‘Today we face our very own defining moment,’ Ursula von der Leyen says.

27 May 09:50 POLITICO 2584151346230366787.html
EU Commission proposes €750 billion recovery fund in wake of Covid-19 crisis

The European Commission is proposing a €750 billion recovery fund to reboot economies hit hard by the coronavirus outbreak, EU officials said on Wednesday.

27 May 10:53 France 24 5635134572075767788.html
EU’s Von der Leyen to unveil trillion-euro recovery plan

Brussels, Belgium | AFP |  European Union chief Ursula von der Leyen will on Wednesday propose a roughly one-trillion-euro post-virus recovery fund for Europe, but will have to win over sceptical member states. The global coronavirus outbreak has thrust the EU into its deepest ever recession, and Von der Leyen’s proposal will set out to help …

27 May 07:30 The Independent Uganda: 5099025988922647126.html
Brussels wants €750bn borrowing power to fund virus recovery

European Commission president Ursula von der Leyen must win backing from reluctant capitals

27 May 11:09 Ft 707176889744857431.html
Von der Leyen seeks to rally Europe behind ‘next generation’ recovery plan

European Commission president to pitch for a huge increase in spending power

27 May 05:50 Ft 707176890024599177.html
Factbox: Key climate spending in EU's 'green recovery' plan

BRUSSELS (Reuters) - The European Commission unveiled a 750 billion euro ($826.3 billion) package on Wednesday which it says will put fighting climate change at the heart of the bloc’s recovery from the coronavirus pandemic.

27 May 13:52 Reuters 8334514180814310691.html
The EU plans a record-breaking new stimulus package of $826 billion to soothe Europe's economic pain from the coronavirus, Business Insider - Business Insider Singapore

Business Insider - The European commission aims to fund its recovery plan by raising unprecedented sums on the financial markets.. Read more at businessinsider.sg

27 May 11:02 www.businessinsider.sg 5090408756380457614.html
The EU plans a record-breaking new stimulus package of $826 billion to soothe Europe’s economic pain from the coronavirus

The European Commission unveiled a planned deployment of 750 billion euros ($826 billion) on Wednesday as part of its new long-term budget and recovery plan to help fight the impact of the coronavirus on the continent’s economy.

27 May 11:02 Business Insider Malaysia 8325046882964888206.html
EU plans a record-breaking $826 billion stimulus package to soothe Europe's economic pain from the coronavirus

The European Commission on Wednesday proposed a €750 billion (about $826 billion) stimulus package to help the European Union recover from ...

27 May 13:06 Business Insider 3364799146874230723.html
EU unveils unprecedented 750 bn euro recovery plan

European Union chief Ursula von der Leyen on Wednesday proposed a 750-billion-euro post-virus recovery fund for Europe but will have to win over sceptical member states to push it through.

27 May 11:50 The Guardian 7580308505428226508.html
ThredUp Is The Win You Didn’t Know Walmart Needed

27 May 00:00 11 articles

ThredUp Is The Win You Didn’t Know Walmart Needed

Walmart and ThredUp have announced an online partnership that will give consumers access to 750,000 pre-owned women’s and children’s items, accessories, footwear and handbags from ThredUp on Walmart’s site.

27 May 00:00 Forbes 6028587531826905376.html
Walmart Goes Full-Throttle on Resale With ThredUp

As part of an ongoing mission for fashion dominance, Walmart enters resale.

27 May 04:01 WWD 5490910668907005475.html
Walmart teams with ThredUP to sell used clothing online

NEW YORK — Walmart is teaming up with online resale site ThredUP.com to offer nearly 750,000 items of used women’s and children’s clothing and accessories items on its website.

27 May 04:02 680News 8014034334737411332.html
Walmart, ThredUp Join Forces For Second-Hand Clothes

Walmart is joining forces with resale startup ThredUp, according to a report in CNBC on Wednesday (May 27).

27 May 11:01 PYMNTS.com 7357138826036542490.html
Walmart partners with online fashion reseller thredUP

May 27 (UPI) -- Retailer Walmart said Wednesday it's partnering with consignment company thredUP as a measure to boost online fashion sales.

27 May 13:27 UPI 8257973864413712989.html
Walmart partners with thredUP to offer new and pre-owned clothing

Shoppers can now purchase thredUP's secondhand wares through Walmart.com.

27 May 13:25 Engadget 96641516234710997.html
Walmart is now selling used goods from Nike, Coach, Michael Kors and more as it dives into the $32 billion resale market

Walmart will for the first time sell used clothing, accessories, and shoes on its website through a partnership with the resale site ThredUp.

27 May 04:05 Pulse Live 3606876836534291787.html
Walmart is now selling used goods from Nike, Coach, Michael Kors and more as it dives into the $32 billion resale market

Walmart is partnering withe the resale site ThredUp to sell used clothing, shoes, accessories, and handbags on its website.

27 May 04:06 Business Insider Nederland 7680839748290184143.html
Walmart is now selling used goods from Nike, Coach, Michael Kors and more as it dives into the $32 billion resale market

Walmart is diving into the $32 billion resale market through a partnership with the second-hand-sales site ThredUp.

27 May 04:01 Business Insider Malaysia 8325046883769222095.html
Walmart is now selling used goods from Nike, Coach, Michael Kors and more as it dives into the $32 billion resale market, Business Insider - Business Insider Singapore

Business Insider - Walmart is partnering withe the resale site ThredUp to sell used clothing, shoes, accessories, and handbags on its website.. Read more at businessinsider.sg

27 May 13:19 www.businessinsider.sg 5090408757184791503.html
Walmart is now selling used goods from Nike, Coach, Michael Kors and more as it dives into the $32 billion resale market

Walmart is partnering withe the resale site ThredUp to sell used clothing, shoes, accessories, and handbags on its website.

27 May 13:19 Business Insider 6060062400953549775.html
Companies Act amended to make PM CARES Fund eligible for CSR contributions

27 May 10:55 9 articles

Companies Act amended to make PM CARES Fund eligible for CSR contributions

Until now, only the Prime Minister's National Relief Fund was eligible to receive CSR funding.

27 May 10:55 DNA India 7533428661977974552.html
Contributions to PM CARES Fund will be considered as CSR: Centre

The Centre has notified that contributions to the PM CARES Fund will be considered as part of Corporate Social Responsibility (CSR) of companies. “In Schedule VII, item (viii), after the words ‘Prime

27 May 06:29 BusinessLine 5283600924145907.html
Donations by companies to PM-CARES Fund notified as CSR, says govt

Finance Minister Nirmala Sitharaman had tweeted on March 29 that CSR Funds can now donate to PM CARES Fund

27 May 13:35 Business-Standard 1502508926231590089.html
Companies Act amended, contributions to PM CARES Fund to be considered as CSR | Economy News

New Delhi: The Ministry of Corporate Affairs has issued a notification that contributions to the PM CARES Fund will be … Companies Act amended, contributions to PM CARES Fund to be considered as CSR | Economy News Read More »

27 May 09:08 ISSCNC 6824315491912616575.html
Government amends norms; companies' contribution to PM CARES Fund to qualify as CSR expenditure

The PM CARES Fund would be utilised to deal with any emergency or distress situation such as coronavirus outbreak.

27 May 13:40 The Economic Times 7653256037346176886.html
Govt amends norms; companies' contribution to PM CARES Fund to qualify as CSR expenditure

The government has amended the norms whereby contributions by corporates to the PM CARES Fund will qualify as CSR spending under the companies law

27 May 13:52 Firstpost 4760741712319896785.html
Modi govt amends Companies Act, makes PM CARES eligible to receive CSR funds

The notification was brought in to make PM CARES fund eligible to receive CSR funding. It will be implemented with a retrospective effect and shall deem to have come into force on March 28. 

27 May 06:40 India Today 4286117813424720066.html
Companies Act 2013 Amended To Make PM CARES Eligible To Receive CSR Funding From Corporates

Now, corporates can fund the government under CSR activity. Gazette notification to this effect was released by the Narendra Modi government under which the PM CARES fund can receive funds from...

27 May 09:22 The Hans India 817019414801761961.html
PM CARES now eligible to receive contribution under CSR; govt amends Act

The Ministry of Corporate Affairs (MCA) has allowed the CSR contributions by making changes to the Companies Act via notification dated May 26

27 May 06:45 Business Today 1145527431554421944.html
Off-price retailer Tuesday Morning has filed for bankruptcy with plans to close 230 stores

27 May 13:05 8 articles

Off-price retailer Tuesday Morning has filed for bankruptcy with plans to close 230 stores

Tuesday Morning, which has nearly 700 stores specializing in off-price home goods, has filed for bankruptcy.

27 May 13:05 Business Insider 6060062400281951394.html
Off-price retailer Tuesday Morning has filed for bankruptcy with plans to close 230 stores

Off-price retailer Tuesday Morning has filed for bankruptcy. The company plans to close approximately 230 of its stores.

27 May 13:05 Business Insider Malaysia 8325046883097623714.html
Off-price retailer Tuesday Morning has filed for bankruptcy with plans to close 230 stores, Business Insider - Business Insider Singapore

Business Insider - Tuesday Morning, which has nearly 700 stores specializing in off-price home goods, has filed for bankruptcy.. Read more at businessinsider.sg

27 May 13:05 www.businessinsider.sg 5090408756513193122.html
Tuesday Morning becomes 5th big retailer to file Chapter 11; 230 stores to close

Discount goods retailer Tuesday Morning has filed for Chapter 11 bankruptcy protection, the fifth major retailer to do so since the pandemic.

27 May 11:18 KNOE 8 News 9048639191231399006.html
Discount chain QD reopens six more stores

A discount retailer is reopening a further six of its stores around East Anglia.

27 May 08:41 East Anglian Daily Times 681138151917030963.html
Halfords to reopen 53 stores to cope with cycling demand and car repairs

The high street retailer has been allowed to trade throughout lockdown, but chose to close stores to the public to protect staff.

27 May 07:12 Shropshire Star 3480199991877586133.html
Halfords to reopen 53 stores to cope with cycling demand and car repairs

The high street retailer has been allowed to trade throughout lockdown, but chose to close stores to the public to protect staff.

27 May 07:13 Jersey Evening Post 6141642773959167189.html
Halfords to reopen 53 stores to cope with cycling demand and car repairs

The high street retailer has been allowed to trade throughout lockdown, but chose to close stores to the public to protect staff.

27 May 07:12 Express & Star 7324224459423763669.html
Elon Musk's SpaceX raises US$346 million ahead of debut astronaut mission

27 May 00:45 8 articles

Elon Musk's SpaceX raises US$346 million ahead of debut astronaut mission

Elon Musk's SpaceX said on Tuesday that it raised US$346.2 million in a new round of funding, a day before it launches two American astronauts to ...

27 May 00:45 CNA 5644198862830229065.html
Elon Musk's SpaceX raises $346 million ahead of debut astronaut mission

US Presid­ent Donald Trump will be among the specta­tors at Kenned­y Space Center to witnes­s the launch­

27 May 08:12 The Express Tribune 1105816785965145695.html
LETTER: Elon Musk and Tesla to Nevada?

Bad move — he should try Texas.

27 May 04:00 Las Vegas Review-Journal 8640648836803283017.html
Of course billionaires like Elon Musk love outer space. The Earth is too small for their egos

This week, Musk’s SpaceX will launch the first US astronauts into space in nine years. We’re meant to be inspired, but back on the ground the workers are struggling

27 May 06:00 the Guardian 1491978795505071620.html
Elon Musk rocket launch postponed due to bad weather

Craft was to be the first private enterprise vehicle in history to take humans into space

27 May 13:54 The Irish Times 8204772967470451490.html
Binoculars at the ready: Elon Musk rocket to be seen in Irish skies tonight

SpaceX craft will be the first private enterprise in history to take humans into space

27 May 13:54 The Irish Times 8204772967491329801.html
What The Average American Should Know About The SpaceX Crew Dragon Launch

Here are a few talking points to help you make sense of the SpaceX Crew Dragon mission - the historic first private manned mission to space.

27 May 11:09 DKODING 1461033208321733678.html
NASA set to resume human spaceflight from U.S. soil with historic SpaceX launch

CAPE CANAVERAL, Fla., May 27 (Reuters) - SpaceX, the private rocket company of billionaire entrepreneur Elon Musk, was set to launch two Americans into orbit on Wednesday from Florida on a mission that would mark the first spaceflight of NASA astronauts from U.S. soil in nine years.

27 May 11:55 Daily Maverick 2373996789291322456.html
Latam becomes largest airline driven to bankruptcy by coronavirus

27 May 03:11 6 articles

Latam becomes largest airline driven to bankruptcy by coronavirus

NEW YORK, May 27 — Latam Airlines Group, the continent's largest carrier, filed for US bankruptcy protection yesterday, becoming the world's largest carrier so far to seek an emergency reorganisation due to the coronavirus pandemic. The filing highlights the financial weakness of Latin America's...

27 May 03:11 Malaymail 302165936192710802.html
LATAM becomes largest airline driven to bankruptcy by coronavirus

(Reuters) - LATAM Airlines Group (LTM.SN), the continent’s largest carrier, filed for U.S. bankruptcy protection on Tuesday, becoming the world’s largest carrier so far to seek an emergency reorganization due to the coronavirus pandemic.

27 May 11:42 Reuters 8334514180254833276.html
Shares in Latin America's biggest airline drop 35% after bankruptcy filing

SANTIAGO: Shares in Latin America's largest airline plunged 35 per cent on the Santiago stock exchange on Tuesday (May 26) after LATAM filed for ...

27 May 04:02 CNA 5644198863844611774.html
Shares in Latin America's biggest airline plunge after bankruptcy filing

Shares in Latin America's largest airline plunged on the New York and Santiago stock exchanges on Tuesday after LATAM filed for bankruptcy in the US.

27 May 08:06 Tech Xplore 4945708899080101481.html
Latam Airlines seeks bankruptcy protection as travel slumps

BANGKOK, Thailand (AP) — Latam Airlines, South America's biggest carrier, sought US...

27 May 00:00 Jamaica Observer 5357348614181313057.html
Is American Airlines Worth Saving?

The U.S. airline industry is in the process of moving from payroll support grants which most carriers received to carrier-specific and optional loans from the U

27 May 13:55 Seeking Alpha 5725634558006946948.html
Coinbase Set to Acquire Institutional Crypto Brokerage Tagomi

27 May 13:25 5 articles

Coinbase Set to Acquire Institutional Crypto Brokerage Tagomi

Cryptocurrency platform Coinbase announced on Wednesday it is set to acquire Tagomi, a U.S.-based institutional crypto brokerage platform. Coinbase revealed tha

27 May 13:25 Crowdfund Insider 6834688073760340771.html
Coinbase Strengthens Institutional Focus, Acquires Leading Crypto Brokerage

Major cryptocurrency firms continue to pave the way for institutional involvement in the space. The US-based digital asset exchange, Coinbase, just

27 May 11:54 CryptoPotato 7087008390309041541.html
BitGo Launches Crypto Brokerage for Institutions

BitGo, a crypto financial services platform, has announced the launch of its prime brokerage platform, offering digital asset trading services to its institutional clients.

27 May 11:00 Finance Magnates 8992138264794262522.html
Coinbase Buys Tagomi to Boost Institutional Trading

Coinbase, a leading US-based crypto exchange, has officially announced on Wednesday its acquisition of Tagomi, a crypto prime brokerage platform.

27 May 12:38 Finance Magnates 8992138266364480090.html
BitGo Launches New Offering Institutional Trading Service Through New Entity BitGo Prime

Digital asset custody provider BitGo announced on Wednesday it is now offering institutional trading services through its new entity, BitGo Prime. BitGo claims

27 May 12:01 Crowdfund Insider 6834688072334018024.html
US stocks open higher, Dow +1.4 pc, Nasdaq: +0.2pc

27 May 13:49 5 articles

US stocks open higher, Dow +1.4 pc, Nasdaq: +0.2pc

NEW YORK, May 27 — Wall Street stocks opened higher today on continued optimism about the reopening of the US economy as investors shrug off rising tensions between Washington and Beijing. Shortly after the opening bell, the Dow Jones Industrial Average stood at 25,338.80, up 1.4 per cent. The...

27 May 13:49 Malaymail 302165936127549257.html
Stocks - Dow Jumps as Financials Take Spotlight Amid Stumble in Tech

Stocks - Dow Jumps as Financials Take Spotlight Amid Stumble in Tech

27 May 00:00 Investing.com 5710361974567458685.html
Stocks Cut Gains, Dow Up 200 Points As Tech Shares Slide

The Dow broke above 25,000.

27 May 00:00 Forbes 6028587532114941782.html
Dow Busts Move Higher on Late Buying as Traders Bank on Financials to Shine

Dow Busts Move Higher on Late Buying as Traders Bank on Financials to Shine

27 May 00:00 Investing.com 5710361974459660047.html
Dow Jumps 300 Points As Wall Street Bets On A Successful Reopening Of The Economy

The Dow broke above 25,000.

27 May 00:00 Forbes 6028587531666117035.html
Global stocks are mixed after Trump promised 'interesting' action against China, while Europe awaits a huge new stimulus package, Business Insider - Business Insider Singapore

27 May 10:04 5 articles

Global stocks are mixed after Trump promised 'interesting' action against China, while Europe awaits a huge new stimulus package, Business Insider - Business Insider Singapore

Business Insider - Trump warned Hong Kong was at risk of losing its status as a global financial centre if China's proposed national security law goes ahead as planned.. Read more at businessinsider.sg

27 May 10:04 www.businessinsider.sg 5090408757578967240.html
Global stocks are mixed after Trump promised ‘interesting’ action against China, while Europe awaits a huge new stimulus package

Global stocks were mixed Wednesday after US President Trump promised “interesting” action on China’s proposed crackdown on Hong Kong by the end of the week, and as European investors wait anxiously for the announcement of a new stimulus package from the European Commission.

27 May 10:04 Business Insider Malaysia 8325046884163397832.html
Global stocks are mixed after Trump promised 'interesting' action against China, while Europe awaits a huge new stimulus package

Global stocks are mixed Wednesday as investors weigh rising US-China tensions and the growing implications of a new draconian law on Hong Kong, ...

27 May 12:06 Business Insider 3364799148185423254.html
Dow climbs 325 points as investors cheer efforts to boost global economies, Business Insider - Business Insider Singapore

Business Insider - The European Commission proposed on Wednesday a $826 billion stimulus package intended to aid recovery from the ongoing recession.. Read more at businessinsider.sg

27 May 13:35 www.businessinsider.sg 5090408757282187262.html
Dow climbs 325 points as investors cheer efforts to boost global economies

US stocks rose Wednesday as investors were encouraged by signs that international authorities are taking measures to boost the global economy.

27 May 13:35 Business Insider Malaysia 8325046883866617854.html
Bank of Montreal 2020 Q2 - Results - Earnings Call Presentation

27 May 10:14 5 articles

Bank of Montreal 2020 Q2 - Results - Earnings Call Presentation

The following slide deck was published by Bank of Montreal in conjunction with their 2020 Q2 earnings call.

27 May 10:14 Seeking Alpha 5725634556383137258.html
Photronics, Inc. 2020 Q2 - Results - Earnings Call Presentation

The following slide deck was published by Photronics, Inc. in conjunction with their 2020 Q2 earnings call.

27 May 12:35 Seeking Alpha 5725634557710192387.html
Royal Bank of Canada 2020 Q2 - Results - Earnings Call Presentation

The following slide deck was published by Royal Bank of Canada in conjunction with their 2020 Q2 earnings call.

27 May 10:32 Seeking Alpha 5725634557322812038.html
Columbus McKinnon Corporation 2020 Q4 - Results - Earnings Call Presentation

The following slide deck was published by Columbus McKinnon Corporation in conjunction with their 2020 Q4 earnings call.

27 May 11:40 Seeking Alpha 5725634557053529526.html
Golden Ocean Group Limited 2020 Q1 - Results - Earnings Call Presentation

The following slide deck was published by Golden Ocean Group Limited in conjunction with their 2020 Q1 earnings call.

27 May 13:01 Seeking Alpha 5725634556421959498.html
After Covid-19, Africa can come back better

27 May 12:31 5 articles

After Covid-19, Africa can come back better

These are challenging times for Africa, and, like the rest of the world, the continent is fighting to recover from the pandemic. But there are ways of helping to ensure that Africa comes back stronger than ever.

27 May 12:31 Daily Maverick 2373996788738603290.html
COVID-19: Jonathan tasks Africa to look inward for solutions

AS the COVID-19 pandemic continues to ravage the world, Former President, Dr Goodluck Ebele Jonathan, has tasked African

27 May 05:23 Vanguard News 4125100340491243174.html
African, global philanthropists team up to manufacture Covid-19 medical equipment in Africa

AFRICAN and global philanthropists have teamed up to help African nations secure urgently needed ventilators, breathing support devices and other medical equipment, in the battle against the Covid-19 pandemic. Prominent Zimbabwean business man, Mr Strive Masiyiwa, also co-founder of Higherlife Foundation, who has recently been appointed as an African Union Special Envoy to mobilise the private sector response to Covid-19, is leading a private partnership to start local manufacturing of the equipment. Working with fellow philanthropists such as Sir Richard Branson and Jeff Skoll, the group has identified two solutions, which will be manufactured in South Africa.  In a media statement, the group said the initiative will start with the production of 1,000 bridge ventilators, a design that was provided to this partnership for free by Virgin Orbit and has recently received emergency use authorisation by the US Food and Drug Administration (FDA). The model is designed with a price significantly lower than a normal…

27 May 13:05 Chronicle 6294247025553316439.html
COMMENT: Africa’s collaboration in fight against Covid-19 commendable

THE 57th anniversary of Africa Day on Monday came at a time the continent and the entire world is grappling with Covid-19 and its effects it has had on the lives of the people as well as its economic impact on nations. Since the outbreak of the virus, African states have come together to share strategies on how to curb the spread of the virus and also on mitigation measures on the economies of the continent affected by virus. To date, more than 100 000 Covid-19 cases have been recorded across Africa with 40 000 recoveries and 3 000 deaths. Various meetings have been held between AU Heads of State and Government and a number of stakeholders including African business leaders and chairpersons of the regional economic communities (RECs) among others in a bid to come up with fortified responses to Covid-19. As a result of those interactions, AU chairperson and South African President Cyril Ramaphosa has appointed Zimbabwean billionaire Mr Strive Masiyiwa to coordinate a private sector-led continental effort to procure…

27 May 00:05 Chronicle 6294247025012071909.html
2nd UBA Africa Day Conversations held virtually with calls for collaboration to fight COVID-19 fallout

Kampala, Uganda | THE INDEPENDENT | Pan-African lender, United Bank for Africa joined countries on the African continent to celebrate the African Day. Formally the African Freedom Day and African Liberation Day, Africa Day, is commemorated on May.25 annually as a foundation for the formation of the Organisation of African Unity in 1963, now known as …

27 May 13:10 The Independent Uganda: 5099025989530533594.html
Merkel: We have to make clear pandemic not over

27 May 13:51 4 articles

Merkel: We have to make clear pandemic not over

BERLIN (Reuters) - German Chancellor Angela Merkel said on Wednesday it has to be made clear that the coronavirus pandemic is not over and basic measures such as social distancing and wearing face masks are still needed.

27 May 13:51 Reuters 8334514181239927957.html
Merkel: German states taking increasing responsibility for coronavirus steps

BERLIN, May 27 — Germany’s federal government is monitoring the coronavirus closely but practical responsibility lies increasingly with the 16 states, Chancellor Angela Merkel said today, adding care must be taken to avoid the virus spreading fast again. “We are still at start of the...

27 May 13:53 Malaymail 302165934418707531.html
Germany can't confirm Merkel will attend G7 in person: spokeswoman

BERLIN (Reuters) - German Chancellor Angela Merkel cannot confirm her physical presence at an envisaged summit of the Group of Seven (G7) in the United States yet, a spokeswoman said on Wednesday, adding that this would depend on how the coronavirus pandemic develops.

27 May 12:12 Reuters 8334514180108180736.html
Hawks to doves? Germany's new generation of economists

For many Europeans, Angela Merkel's change looked sudden. But the groundwork started two years ago. Germany slowly ripened for the Merkel-Macron plan. This explains why it didn't meet massive public resistance in Germany.

27 May 05:02 EUobserver 625925299072386341.html
Singapore Fintech GoBear Secures $17 Million Through Latest Investment Round to Expand Financial Services For Asian Markets

27 May 13:55 4 articles

Singapore Fintech GoBear Secures $17 Million Through Latest Investment Round to Expand Financial Services For Asian Markets

GoBear, a Singapore-based fintech, has reportedly secured $17 million through its latest investment round. The investment brings GoBear’s total funding to $97

27 May 13:55 Crowdfund Insider 6834688073140666444.html
Hong Kong’s HKT Financial Services, the Fintech Arm of HKT Group, Introduces Digital Financing Platform

Hong Kong-based HKT Financial Services, the Fintech division of the HKT Group, has launched another Fintech project, HKT Flexi, a digital or online financing platform that allows users to make payments via the HKT Flexi App. HKT Financial Services offers mobile payments, merchant services, O2O solutions, insurance packages under the Tap & Go, HKT Merchant Services and HKT Care. HKT Financial Services is a key part of HKT Group’s digital ecosystem, which provides an integrated

27 May 03:45 Crowdfund Insider 6834688073051502442.html
The “Future Is Bright” for Qatar’s Fintech Firms that can Survive COVID-19 and Partner with Incumbents, According to Financial Services Professional

The "future is bright" for Qatar's Fintechs that can survive COVID-19 & partner w/ incumbents, according to financial services professional.

27 May 04:27 Crowdfund Insider 6834688073010846936.html
Singapore fintech firm secures $17M to build out platform | ZDNet

Raking in $17 million in its latest fund raising, GoBear will be looking to build up a "full-fledged financial services platform" and tap an estimated base of 300 million in the region who remain underserved by existing market offerings.

27 May 05:59 ZDNet 591556592279589308.html
10 REITs One Year Later - Part 1

27 May 12:07 4 articles

10 REITs One Year Later - Part 1

It's been a year since I wrote a series of articles about the ten REITs with A or A- S&P credit ratings. Earlier in 2020, I added two REITs from this group of t

27 May 12:07 Seeking Alpha 5725634556926823710.html
It’s A Good Idea To Ignore REITs Right Now, Despite Soaring Yields. Here's Why

Stocks Analysis by Investing.com (Haris Anwar/Investing.com) covering: Simon Property Group Inc, United States 10-Year, First Trust S&P REIT Index Fund, Brookfield Property Partners LP. Read Investing

27 May 00:00 Investing.com 5710361975205882859.html
2 Dividend Picks From A Resilient REIT Sector

These 2 industrial REITs have collected almost all their rents during April. The triple-net lease model combined with long leases make the cashflows more predic

27 May 13:13 Seeking Alpha 5725634557856121777.html
It’s A Good Idea To Ignore REITs Right Now, Despite Soaring Yields. Here's Why

Stocks Analysis by Investing.com (Haris Anwar/Investing.com) covering: Simon Property Group Inc, United States 10-Year, First Trust S&P REIT Index Fund, Brookfield Property Partners LP. Read Investing

27 May 00:00 Investing.com 5710361975655690781.html
Air France to cut 40% of domestic flights after bailout

27 May 13:30 4 articles

Air France to cut 40% of domestic flights after bailout

Air France pledges to halve its carbon emissions from domestic flights by 2024 as part of the conditions for receiving state aid

27 May 13:30 Rappler 1882105643869094599.html
Air France to cut 40% of domestic flights after bailout

French government has made any bailout contingent on profitability improvements

27 May 13:15 Gulf News 2086521545629263179.html
Air France agrees to cut many domestic flights

The CEO of Air France-KLM has announced substantial changes to the domestic network of Air France…

27 May 00:00 Business Traveller 900610881805129657.html
National airlines need government aid to survive

 National airlines will largely depend on domestic flights to grow because international flights are expected to remain severely restricted until a COVID-19 vaccine is available.

27 May 12:32 The Jakarta Post 7678601104035088694.html
Google faces antitrust case in India over payments app

27 May 13:46 3 articles

Google faces antitrust case in India over payments app

The complaint was filed in February and the Competition Commission of India (CCI) has kept the identity of the complainant confidential

27 May 13:46 Business Today 1145527430939614676.html
Google faces antitrust case in India over payments app: Report

India Business News: The Competition Commission of India (CCI) is looking into allegations that Alphabet Inc’s Google is abusing its market position to unfairly promote it

27 May 12:35 The Times of India 6060938664879686360.html
Google faces antitrust case in India over promoting payments app: Report

The complaint was filed in February and the Competition Commission of India (CCI) has kept the identity of the complainant confidential, the first source with direct knowledge of the case said

27 May 11:33 Business-Standard 1502508926220224293.html
Banks would need additional capital buffer of $20 bn, says Credit Suisse

27 May 13:50 3 articles

Banks would need additional capital buffer of $20 bn, says Credit Suisse

Slippage of 20% on loans under moratorium to weigh on capital ratios

27 May 13:50 Business-Standard 1502508926324748449.html
Indian banks need $20 billion additional capital as credit quality weakens: Credit Suisse

The lenders would require extra capital in the coming 12 months as credit quality declines, resulting in wider provisioning

27 May 12:19 Business Today 1145527430828778737.html
Debt downgrades can push India bank fund raising to $20 billion

State-run banks will need $13 billion from the government to recapitalize.

27 May 10:31 The Economic Times 7653256036866475992.html
India among major markets to see increase in ATM usage over 2019

27 May 00:00 3 articles

India among major markets to see increase in ATM usage over 2019

Almost half of the world’s major markets saw an increase in the use of ATMs over 2019, despite the global push towards cashless payments which has intensified due to the coronavirus outbreak in recent months.

27 May 00:00 FinTech Futures 6822881035385271616.html
UK Parliament is concerned about potential effects of the pandemic on the UK's cash infrastructure

Members of Parliament in the UK are concerned that plummeting ATM usage due to the pandemic may put its cash infrastructure in danger of collapse.

27 May 13:58 Business Insider 6060062400616777177.html
Coronavirus accelerates shift away from cash

Pandemic encourages more businesses to move to contactless payments

27 May 04:00 Ft 707176888971908604.html
It’s Time to Sell Wildly Unprofitable United Airlines Stock

27 May 13:27 3 articles

It’s Time to Sell Wildly Unprofitable United Airlines Stock

Warren Buffett didn't sell UAL stock just because he is scared. United Airlines faces a long road to recovery, and it isn't worth a buy here.

27 May 13:27 InvestorPlace 24614510194654275.html
Stocks To Buy After The Buffett Sell-Off

The airlines sold by Berkshire lost 15.8% in value more than other airlines since the Buffett Sell-off began. The Buffett Airlines have less attractive cash val

27 May 07:40 Seeking Alpha 5725634556427104138.html
Warren Buffett dumped the 'big 4' airline stocks in April. They've already recovered from the sell-off he sparked.

Warren Buffett's exit from the 'big four' airlines sparked a sell-off of their shares in early May. Shares in American, Delta, Southwest, and Un...

27 May 13:51 Business Insider 3364799147239669773.html
Openview – now powered by 2 million homes

27 May 00:00 3 articles

Openview – now powered by 2 million homes

The future of free-to-air satellite TV.

27 May 00:00 BusinessTech 2153596439669336442.html
Openview, now powered by two million homes

The future of free-to-air satellite TV is upon us. In the highly competitive, content-driven space of providing world-class entertainment to South African's whose power of choice is more diverse than ever, two million households have chosen Openview as their go-to viewing option.

27 May 13:20 Daily Maverick 2373996788889223777.html
Openview – now powered by 2 million homes

The future of free-to-air satellite TV.

27 May 00:00 MyBroadband 3036103787897557506.html
COVID-19 crisis | 'Massive increase' in youth unemployment, women particularly hard-hit: UN

27 May 00:00 3 articles

COVID-19 crisis | 'Massive increase' in youth unemployment, women particularly hard-hit: UN

The novel coronavirus pandemic has led to a surge in unemployment worldwide but it has hit young workers hard, the United Nations said on May 27, noting that more than one in six people aged under 29 were forced to stop working due to the COVID-19 crisis.

27 May 00:00 Moneycontrol 1603024965052574682.html
Pandemic creating ‘lockdown generation’ as one in six youths stop work: UN

The Covid-19 pandemic has caused surging unemployment worldwide, but has hit young workers especially hard, forcing more than one in six people aged under 29 to stop working, the UN said Wednesday.

27 May 12:50 Hindustan Times 696565557862198649.html
Pandemic creating ‘lockdown generation’ as one in six youths stop work ― UN

The COVID-19 pandemic has caused surging unemployment worldwide, but has hit young workers especially hard, forcing under 29 to stop working.

27 May 13:37 Vanguard News 4125100340327918368.html
Investor wealth surges by Rs 2 lakh crore as markets rally

27 May 00:00 2 articles

Investor wealth surges by Rs 2 lakh crore as markets rally

Led by the rally in equity market, the market capitalisation of BSE-listed companies soared Rs 2,01,549.38 crore to Rs 1,23,62,539.79 crore.

27 May 00:00 Moneycontrol 1603024964848320130.html
Investor wealth surges by Rs 2 lakh crore as markets rally

India Business News: Investor wealth surged by Rs 2,01,549.38 crore on Wednesday following a rally in the broader market. The 30-share BSE Sensex settled 995.92 points or

27 May 13:43 The Times of India 6060938664830356453.html
Delta Exchange Launches Interest-Bearing Accounts for Crypto Traders

27 May 13:00 2 articles

Delta Exchange Launches Interest-Bearing Accounts for Crypto Traders

Delta Exchange, a crypto derivatives platform, announced on Wednesday the launch of interest-bearing accounts for its customers.

27 May 13:00 Finance Magnates 8992138266026959253.html
Digital Asset Derivatives Trading Platform, Delta Exchange, Acquires Strategic Investment from New York’s CoinFund

Delta Exchange, an established cryptocurrency derivatives exchange that maintains offices in Singapore, has received funding from New York-headquartered blockch

27 May 12:09 Crowdfund Insider 6834688073511723991.html
TD challenges Varadkar to live on €350 a week before considering reducing pandemic payment

27 May 13:40 2 articles

TD challenges Varadkar to live on €350 a week before considering reducing pandemic payment

Leo Varadkar has said the Government will extend the pandemic unemployment payment beyond June 8 but a date for how long it will continue has not been decided yet.

27 May 13:40 Irishexaminer 8196011179677218960.html
Covid supports to continue beyond 8 June - Taoiseach

Taoiseach Leo Varadkar has said the Government is not considering cutting the €350 a week Pandemic Unemployment Payment (PUP) for someone who was working full time on minimum wage before the Covid-19 emergency.

27 May 03:45 RTE.ie 7595237278140009118.html
No, Goldman Sachs Doesn’t Think Bitcoin is the Next Big Thing

27 May 13:36 2 articles

No, Goldman Sachs Doesn’t Think Bitcoin is the Next Big Thing

A call focusing on the future US economic outlook hosted by Goldman Sachs that mentioned Bitcoin alongside gold got the crypto market buzzing early this week.

27 May 13:36 NewsBTC 7232133510952678259.html
Bitcoin Jumps $9,100 as Dow Prepares For Massive 400-Point Open

Bitcoin closed above $9,100 in a surprising upside move after trading sideways for the entire Asian and early European trading session Wednesday.

27 May 13:00 NewsBTC 7232133510842842239.html
Southwest Airlines: $41 Is Too Low

27 May 13:31 2 articles

Southwest Airlines: $41 Is Too Low

UBS slapped a $41 price target on Southwest Airlines for 28% upside. The airline has plenty of liquidity, and the recent jump in traffic should greatly reduce d

27 May 13:31 Seeking Alpha 5725634557615459201.html
Southwest And JetBlue Top Annual List Of Most Satisfying Air Carriers

Travelers flying on Southwest Airlines and JetBlue Airways will end up relatively more satisfied with their journeys, according to new airline satisfaction data published this morning.

27 May 00:00 Forbes 6028587530605008820.html
NSW freezes public service pay to save $3 billion in pandemic

27 May 13:32 2 articles

NSW freezes public service pay to save $3 billion in pandemic

The NSW government will freeze pay rises for public sector workers for 12 months, as it deals with rising unemployment due to the coronavirus pandemic.

27 May 13:32 The New Daily 5848147785399012662.html
$3b saved as NSW public service pay frozen

NSW is freezing pay increases for 410,000 public servants for a year and will use the $3 billion in savings for job creation and recovery.

27 May 08:02 Australian Financial Review 3974284487492904853.html
European Stimulus Plan Gives Markets More Momentum

27 May 13:57 2 articles

European Stimulus Plan Gives Markets More Momentum

Rising tensions with China did not dull the effects of a new fiscal stimulus proposal in Europe on markets, which

27 May 13:57 Courthouse News Service 1799505150044051345.html
Metal stocks to benefit in a big way if China announces another stimulus: Ajay Bagga

‘Tractors and two wheelers will continue to do well as rural economy is in robust health

27 May 11:53 The Economic Times 7653256036779876360.html
Only 40% jobseekers think layoffs won't happen, finds survey

27 May 09:24 2 articles

Only 40% jobseekers think layoffs won't happen, finds survey

Around 50% of job seekers said they are utilising this time to focus on up-skilling, as per a survey.

27 May 09:24 The Economic Times 7653256037307386262.html
1 in 10 Indian jobseekers lost job, most think layoff imminent: Survey

Jobseekers from the IT, pharma, medical or healthcare and BFSI industries were less impacted by layoffs and salary cuts as compared to their counterparts from other industries.

27 May 13:46 Business-Standard 1502508924755060131.html
Wharton professor Jeremy Siegel lays out why a record-high stock market in 2020 remains 'a real possibility', Business Insider - Business Insider Singapore

27 May 13:01 2 articles

Wharton professor Jeremy Siegel lays out why a record-high stock market in 2020 remains 'a real possibility', Business Insider - Business Insider Singapore

Business Insider - Fresh risk-on attitude and the Fed's lending efforts can drive a strong rally as long as a second wave of COVID cases is avoided, Siegel said.. Read more at businessinsider.sg

27 May 13:01 www.businessinsider.sg 5090408756920649840.html
Wharton professor Jeremy Siegel lays out why a record-high stock market in 2020 remains ‘a real possibility’

Wharton finance professor Jeremy Siegel still sees a scenario where the stock market breaches new highs before the year is out, despite reopening risks, historic unemployment, and a deep recession.

27 May 13:01 Business Insider Malaysia 8325046883505080432.html
Torrent Pharma slips 6% on profit-booking; outlook remains a concern

27 May 06:17 2 articles

Torrent Pharma slips 6% on profit-booking; outlook remains a concern

Unlike peers, Torrent Pharma guided for a relatively moderate outlook across geographies, note analysts at Emkay Global Financial Services.

27 May 06:17 Business-Standard 1502508925631225531.html
Sun Pharma Q4 profit declines 37% to Rs 399 cr on one-time exceptional loss

The company had posted a net profit of Rs 635.88 crore in the same period previous fiscal, Sun Pharma said in a BSE filing

27 May 13:09 Business-Standard 1502508926139712526.html
ZUBR Granted Gibraltar’s In-Principle DLT Approval

27 May 13:57 2 articles

ZUBR Granted Gibraltar’s In-Principle DLT Approval

ZUBR has received an in-principle decision from the Gibraltar Financial Services Commission to grant the firm authorisation as a DLT provider

27 May 13:57 Finance Magnates 8992138266574465984.html
Digital Asset Derivatives Platform ZUBR Receives “In Principle” Approval from the Gibraltar Financial Services Commission

ZUBR, a digital asset platform to arbitrage using derivatives, has received "in-principle" approval from the Gibraltar Financial Services Commission (GFSC) t

27 May 13:35 Crowdfund Insider 6834688073199238161.html
The real threat to Facebook and Twitter isn't a pandemic or a president

27 May 13:45 2 articles

The real threat to Facebook and Twitter isn't a pandemic or a president

This week in Trending, we look at the latest round of problems involving social media companies as well as the debate over the Silicon Valley exodus.

27 May 13:45 Business Insider 6060062401245780420.html
The real threat to Facebook and Twitter isn’t a pandemic or a president

Welcome back to Trending, where we read the tech leaves every Wednesday. I’m Alexei Oreskovic, Business Insider’s West Coast Bureau Chief and Global Tech Editor. If you want to get Trending in your email inbox every week, just click here.

27 May 13:45 Business Insider Malaysia 8325046883617676613.html
Market focus shifting to non-work from home stocks: Manish Singh

27 May 06:02 2 articles

Market focus shifting to non-work from home stocks: Manish Singh

‘Completely battered and oversold stock will see a recovery now

27 May 06:02 The Economic Times 7653256038398029988.html
Global Yields For Stocks And Bonds

The U.S. stock market has continued its decade-plus of dominance versus global peers during the 2020 sell-off despite a less-than-stellar domestic response to t

27 May 13:32 Seeking Alpha 5725634556231788737.html
The Daily Chase: RBC, BMO Q2 profits sink; Huawei CFO hearing

27 May 11:04 2 articles

The Daily Chase: RBC, BMO Q2 profits sink; Huawei CFO hearing

Royal Bank Canada and Bank of Montreal saw their profits cut in half in the fiscal second quarter, and missed expectations in the process, as provisions for credit losses ballooned at both institutions.

27 May 11:04 BNN 3833521688055722905.html
Market movers: Stocks that saw action on Wednesday - and why

Royal Bank of Canada and Bank of Montreal both rise in early trading after releasing disappointing quarterly results

27 May 13:59 The Globe and Mail 68426410733780864.html
Tuesday Morning closing 230 stores, files bankruptcy

27 May 00:00 2 articles

Tuesday Morning closing 230 stores, files bankruptcy

DALLAS, TX - Off-price retailer Tuesday Morning filed for Chapter 11 bankruptcy protection Wednesday with plans to close more than a third of its stores. Tuesday Morning had been struggling when the coronavirus pandemic began and went into a free fall when it was forced to temporarily close its locations due to the crisis. The company joins a growing list of retailers that have tumbled into Chapter 11 bankruptcy during the pandemic, including J.C. Penney, Neiman Marcus and J. Crew. In each case, the companies were already in rough shape before the pandemic began due to excessive debt and declining foot traffic. Tuesday Morning, which sells a wide variety of merchandise including home decor, bath and body goods, crafts, food, and toys, hopes to stay in business while using the bankruptcy process to restructure its operations. The company plans to permanently close about 230 of its 687 stores this summer. Of those, it has already identified 132 that will be shuttered, including 17 in California. "These stores were…

27 May 00:00 Inlandnewstoday 5627894672453768675.html
More than 3,600 stores are closing in 2020 as the retail apocalypse drags on. Here's the full list.

L Brands said Wednesday that it plans to close about 250 Victoria's Secret stores in the US and Canada in 2020.

27 May 13:50 Business Insider 6060062401247512169.html
Microsoft’s Stock Faces A Sharp Reversal

27 May 00:00 2 articles

Microsoft’s Stock Faces A Sharp Reversal

Microsoft's stock is running into some technical trouble that may result in shares falling.

27 May 00:00 Forbes 6028587532251405766.html
Aurora Stock Is a Contentious Contrarian Cannabis Play

Brace yourself, because there will continue to be outsized daily price moves in Aurora stock. But there's potential for long-term gains.

27 May 13:15 InvestorPlace 24614510291442652.html
Co-Diagnostics Could Soar With Its Coronavirus Test

27 May 13:35 2 articles

Co-Diagnostics Could Soar With Its Coronavirus Test

Co-Diagnostics may be worth much more than today's price. CODX stock could be worth two or three times more, under certain estimates.

27 May 13:35 InvestorPlace 24614510887334033.html
Microsoft: On The Edge

Analysts remain optimistic about Microsoft. Now it’s rare enough. MSFT's price is now balanced relative to the main blue chips on Nasdaq. The capitalization of

27 May 06:46 Seeking Alpha 5725634557174223459.html
Why good credit matters — even if you don’t plan to borrow

27 May 00:00 2 articles

Why good credit matters — even if you don’t plan to borrow

Even if you don’t plan to borrow a dime, a good credit record is valuable. Think of it like a household fire extinguisher: It’s smart to have a good one even though you have no plans to use it.

27 May 00:00 The Washington Times 8941836443076245697.html
Personal loan vs. Line of Credit: Which is better to end cash problem during Coronavirus pandemic?

A line of credit gives you access to a pool of funds from which you can draw for any personal or business-related activities.

27 May 13:33 The Financial Express 1288289580807702430.html
EUR/USD: A convincing recovery plan is positive for the euro – Nordea

27 May 13:39 2 articles

EUR/USD: A convincing recovery plan is positive for the euro – Nordea

The EUR750 billion recovery fund proposal presented by the Commission would illustrate a strong commitment to keep the Euro-area and the EU together a

27 May 13:39 FXStreet 4480975638876695939.html
EUR/USD Volatility May Fall, Yet Bearish Trend Remains Intact

Markets are now rallying as global risk sentiment improves. Liquidity remains high, while interest rates have been cut across the world (in response to the rece

27 May 10:40 Seeking Alpha 5725634556549781498.html
SNB's Jordan: SNB has room to cut interest rates further if necessary

27 May 12:31 2 articles

SNB's Jordan: SNB has room to cut interest rates further if necessary

The Swiss National Bank (SNB) has room to cut interest rates further if necessary but -0.75% is seen as the right level currently, SNB Chairman Thomas

27 May 12:31 FXStreet 4480975638865233045.html
USD/CHF climbs above 0.9700 after SNB Chairman Jordan's comments

The USD/CHF fell to a daily low of 0.9650 in the early trading hours of the European session but turned north on Swiss National Bank Chairman Thomas J

27 May 13:36 FXStreet 4480975639362131275.html
Global airlines body raises alarm over bailout debts

27 May 03:49 2 articles

Global airlines body raises alarm over bailout debts

Says heavy debts from govts will delay indust­ry’s recove­ry

27 May 03:49 The Express Tribune 1105816786720511928.html
Coronavirus aftermath: Airlines to reel under massive debts; will weigh down recovery

With airlines across the globe remaining shut in the wake of coronavirus lockdown, the debt mount up will weigh heavily on carriers and may even hamper recovery.

27 May 13:47 The Financial Express 1288289579967809975.html
$5,250 in fines for DIY plumbing

27 May 00:00 2 articles

$5,250 in fines for DIY plumbing

News from Plumbers Gasfitters and Drainlayers Board Property owners are again being warned not to fall into the trap of using unlicensed people to conduct restricted sanitary plumbing work on renovation projects.

27 May 00:00 SCOOP 847363053378241223.html
$5,250 In DIY Fines And Reparation Order Reinforce Consumer Warning

Property owners are again being warned not to fall into the trap of using unlicensed people to conduct restricted sanitary plumbing work on renovation projects.

27 May 13:10 SCOOP 5315658999776074194.html
Swiss aim to restore free movement within Schengen zone by July 6

27 May 13:06 2 articles

Swiss aim to restore free movement within Schengen zone by July 6

ZURICH (Reuters) - The Swiss government wants to restore free movement of people with other Schengen zone member countries by July 6, it said on Wednesday, further easing restrictions on public life as the novel coronavirus outbreak shows signs of ebbing.

27 May 13:06 Reuters 8334514180311658837.html
Theatres, cinemas, summer camps to reopen as Swiss relax coronavirus curbs

Switzerland said on Wednesday it would lift curbs on larger public gatherings next month and free up travel within Europe's 26-nation Schengen zone by July 6, further easing restrictions on public life as the coronavirus outbreak ebbs.

27 May 00:00 Moneycontrol 1603024964340893852.html
Jamie Dimon says the US economy looks headed for a 'fairly rapid recovery' from the coronavirus pandemic, Business Insider - Business Insider Singapore

27 May 12:41 2 articles

Jamie Dimon says the US economy looks headed for a 'fairly rapid recovery' from the coronavirus pandemic, Business Insider - Business Insider Singapore

Business Insider - "The government has been pretty responsive, large companies have the wherewithal, hopefully we're keeping the small ones alive," said Dimon.. Read more at businessinsider.sg

27 May 12:41 www.businessinsider.sg 5090408756278694621.html
Teens are getting into their dream schools as colleges dip into their waitlists during the coronavirus pandemic, Business Insider - Business Insider Singapore

Business Insider - Experts say some students are reluctant to commit to schools, and a drop in enrollment could force schools to dive deep into their waitlists.. Read more at businessinsider.sg

27 May 13:55 www.businessinsider.sg 5090408756365710402.html
Proposal For Trans-Tasman Bubble Considers Every Step Of A Passenger’s Journey

27 May 13:14 2 articles

Proposal For Trans-Tasman Bubble Considers Every Step Of A Passenger’s Journey

A proposed blueprint into how safe trans-Tasman travel could re-open is advancing fast, with a draft to be presented to New Zealand and Australian governments for consideration in early June.

27 May 13:14 SCOOP 5315658998833984573.html
Overseas travel inches closer to an arrival date

Australia's international travel ban could be lifted within weeks, with a draft plan for the proposed trans-Tasman bubble just days away from consideration.

27 May 12:14 The New Daily 5848147785828735554.html
Pound Sterling "Blown Off Course by Frosty Brexit Talks", Dips 0.5% against Euro and Dollar

27 May 13:43 2 articles

Pound Sterling "Blown Off Course by Frosty Brexit Talks", Dips 0.5% against Euro and Dollar

The British Pound has suffered an abrupt shift in fortunes as it fell from top of the leaderboard amidst a fresh injection of nerves concerning the status of ongoing Brexit talks

27 May 13:43 The Pound Sterling Live 6614579507548817621.html
Beleaguered sterling heads into a perfect storm

Beleaguered sterling heads into a perfect storm

27 May 00:00 Investing.com 5710361976097596074.html
Leo Puri to take over as Chairman of JP Morgan

27 May 10:40 2 articles

Leo Puri to take over as Chairman of JP Morgan

Kalpana Morparia to retire

27 May 10:40 BusinessLine 5283600241092517.html
JP Morgan's Kalpana Morparia set to retire; Leo Puri to take over the reins

Takes charge in the first quarter of Calendar 2021; Murali Maiya to be new CEO

27 May 13:08 Business-Standard 1502508925184604455.html