French carmaker Renault to cut 15,000 jobs worldwide
29 May 00:00 • 27 articles
French carmaker Renault to cut 15,000 jobs worldwide
French carmaker Renault said Friday it will cut 15,000 jobs worldwide as part of a 2 billion-euro ($2.2 billion) cost-cutting plan, as a brutal drop in industry sales during the pandemic worsened the
29 May 00:00 • The Washington Times • 8941836442755062329.htmlFrench carmaker Renault to cut 15,000 jobs worldwide
French carmaker Renault said Friday it will cut 15,000 jobs worldwide as part of a 2 billion-euro ($2.2 billion) cost-cutting plan, as a brutal drop in industry sales during the pandemic worsened the company's pre-existing problems.
29 May 12:49 • CTVNews • 2422791599140171880.htmlRenault to cut 15,000 jobs
Carmaker Renault said on Friday that it would cut nearly 15,000 jobs, including 4,600 at its core French operations, as it seeks to steer out of a cash crunch exacerbated by the coronavirus crisis.
29 May 00:00 • Telangana Today • 8182025568155724037.htmlRenault to cut 15,000 jobs
French carmaker Renault said Friday it will cut 15,000 jobs worldwide as part of a 2 billion-euro ($2.2 billion) cost-cutting plan, as a brutal drop in industry sales during the pandemic worsened the company's pre-existing problems.
29 May 06:46 • Castanet • 616068603019488300.htmlFrench carmaker Renault to take extreme measures on costs, cuts 14,000 jobs
Top official admits that manufacturer had been spending way too much, plans 10% job cuts
29 May 06:51 • Gulf News • 2086521545202241887.htmlFrench carmaker Renault announces 15,000 job cuts worldwide
Struggling French carmaker Renault on Friday announced 15,000 job cuts worldwide as part of a 2 billion-euro cost-cutting plan over three years. Renault said on Friday that nearly 4,600 jobs will be cut in France in addition to more than 10,000 in the rest of the world. The group's global
29 May 00:00 • The Pioneer • 1146783232630092176.htmlFrench carmaker Renault announces 15,000 job cuts worldwide
PARIS — Struggling French carmaker Renault on Friday announced 15,000 job cuts worldwide as part of a 2 billion-euro cost-cutting plan over three years.
29 May 06:52 • KitchenerToday.com • 52741009702364975.htmlFrench carmaker Renault announces 15,000 job cuts worldwide
The group's global production capacity will be revised from 4 million vehicles in 2019 to 3.3 million by 2024, the company said. "The difficulties encountered by the group, the major crisis facing the automotive industry and the urgency of the ecological transition are all imperatives that are driving the company to accelerate its transformation," it said in a statement.
29 May 07:50 • The Economic Times • 7653256037411750161.htmlFrench carmaker Renault announces 15,000 job cuts worldwide
Renault, the French carmaker announces its cost-cutting plan of over three years. Renault will have 15,000 job cuts worldwide
29 May 08:01 • TechGenyz • 5378425015846222589.htmlFrench Carmaker Renault Plans to Eliminate Nearly 15,000 Jobs Worldwide Amid Pandemic
Earlier, French President Emmanuel Macron said that authorities intend to send 8 billion euros to support the automotive industry.
29 May 06:01 • Sputniknews • 967333868241438153.htmlRenault to cut 15,000 jobs in US$2.2b cost cutting plan
PARIS: French auto giant Renault plans to cut around 15,000 jobs worldwide, including 4,600 in France, as part of a two billion euro (US$2.2 ...
29 May 07:13 • CNA • 5644198863133049479.htmlRenault to cut 15,000 jobs worldwide, including 4,600 in France: Sources
French auto giant Renault plans to cut around 15,000 jobs worldwide, including 4,600 in France, as part of a two billion euro cost-cutting plan over three years, sources said Thursday. The plan,
29 May 07:44 • Deccan Herald • 2027555797721716978.htmlFaltering Renault to cut 15,000 jobs worldwide, including 4,600 in France
French carmaker Renault said on Friday it was launching talks with unions to restructure some plants and potentially close others as it confirmed plans to cut around 15,000 jobs worldwide to ride out…
29 May 04:19 • France 24 • 5635134571035291232.htmlRenault to cut 15,000 jobs in 'vital' cost-cutting plan
Carmaker Renault said Friday that it would cut nearly 15,000 jobs, including 4,600 at its core French operations, as it seeks to steer out of a cash crunch exacerbated by the coronavirus crisis.
29 May 08:04 • Tech Xplore • 4945708898730161403.htmlRenault to cut 15,000 jobs in 'vital' cost-cutting plan
French carmaker Renault says nearly 4,600 jobs would be cut in France and more than 10,000 in the rest of the world – some 8% of the company's global workforce
29 May 12:30 • Rappler • 1882105643772097192.htmlRenault to cut 14,600 jobs worldwide and lower capacity
Cost reductions aimed at outlasting the downturn that has rocked the auto industry
29 May 07:56 • The Irish Times • 8204772967574399179.htmlRenault Cutting Nearly 15,000 Jobs Worldwide to Save Costs
Renault announced it will be cutting 14,600 jobs around the world in a bid to save costs during the pandemic.
29 May 09:46 • Interesting Engineering • 7328942541817317440.htmlRenault poised to announce 15,000 layoffs worldwide
The overall cuts would affect just under 10% of Renault's 180,000 global workforce. The firm has around 48,500 staff in France.
29 May 04:35 • The Indian Express • 2885715105049920910.htmlRenault to slash about 15,000 jobs in €2bn cost-cutting plan
Carmaker eyes production cuts after fall in demand during coronavirus crisis
29 May 11:08 • Ft • 707176890028434978.htmlRenault to restructure French factories in high-stakes reboot plan
French carmaker Renault said on Friday it was launching talks with unions to reorganise and cease assembling vehicles at several plants in France ...
29 May 13:45 • CNA • 5644198862401630530.htmlRenault poised to announce 15,000 layoffs worldwide: union
French carmaker Renault is poised to announce 15,000 layoffs worldwide on Friday as it unveils a plan to boost its profitability and cope with ...
29 May 02:40 • CNA • 5644198862558315927.htmlRenault announces nearly 15,000 job losses worldwide
Renault has announced nearly 15,000 job losses worldwide, including 4,600 in France in a €2 billion cost-cutting plan over three years.
29 May 06:24 • RTE.ie • 7595237278015603014.htmlRenault to restructure factories, confirms 15,000 job cuts
News News: PARIS: Carmaker Renault said on Friday it was launching talks with unions to restructure some French plants and potentially close others as it confirm.
29 May 06:25 • The Times of India • 6060938663569387067.htmlRenault poised to announce 15,000 lay offs worldwide
Some 4,500 jobs would go in France, though largely through a voluntary departure plan and a retirement scheme, the CFDT's Franck Daout told Reuters on Thursday.
29 May 00:00 • Moneycontrol • 1603024965087732964.htmlRenault to restructure French factories in bid to slash costs
French carmaker Renault said on Friday it was launching talks with unions to reorganise and cease assembling vehicles at several plants in France ...
29 May 13:45 • CNA • 5644198862648852852.htmlRenault staying in Formula One despite massive restructuring
Renault will stay in Formula One, interim Chief Executive Coltilde Delbos said on Friday after announcing the carmaker's restructuring measures including plans to cut 15,000 jobs worldwide. Renault's F1 future had been uncertain given the financial pressures on the French car giant and a slump in demand due to the COVID-19 pandemic. Renault finished fifth overall last season.
29 May 08:50 • Autoblog • 4372976973040782190.htmlCoronavirus crisis: Renault to lay off 150,000 employees globally
The overall cuts would affect just under 10% of Renault's 180,000 global workforce. The firm has around 48,500 staff in France
29 May 03:50 • Business Today • 1145527431237434548.htmlWipro appoints Capgemini’s Thierry Delaporte as new CEO, MD
29 May 03:58 • 24 articles
Wipro appoints Capgemini’s Thierry Delaporte as new CEO, MD
India Business News: Wipro said it has appointed Thierry Delaporte as its chief executive officer and managing director to replace outgoing Abidali Neemuchwala. Delaporte,
29 May 03:58 • The Times of India • 6060938664650064741.htmlCapgemini's top executive Thierry Delaporte is new Wipro CEO
Until recently, Thierry Delaporte was CEO of Capgemini Group and a member of its Group Executive Board. He held several leadership roles including that of CEO of Global Financial Services Strategic Business Unit, and head of all global service lines
29 May 03:45 • Business Today • 1145527432291867301.htmlCapgemini COO Thierry Delaporte becomes new Wipro CEO and MD
Neemuchwala will step down as CEO on June 1 while executive chairman Rishad Premji will oversee day-to-day operations of the company until Delaporte takes over on July 6
29 May 04:15 • Business-Standard • 1502508924853868927.htmlWipro Appoints Capgemini's Thierry Delaporte As CEO, Managing Director
Wipro has appointed Capgemini executive Thierry Delaporte as its chief executive officer and managing director, the company said in a regulatory filing.
29 May 04:05 • NDTV.com • 5090057681448379975.htmlWipro appoints Thierry Delaporte as new CEO and MD
Wipro's 3-month old leader hunt comes to an end
29 May 05:34 • The Hindu • 6679535025833020055.htmlWipro appoints Thierry Delaporte as CEO and MD
Wipro has appointed Thierry Delaporte as the Chief Executive Officer and Managing Director of the company, effective July 6.Until recently, Thierry Delaporte was the Chief Operating Officer of Capgemi
29 May 13:08 • BusinessLine • 5283602107987840.htmlWipro names former Capgemini COO Thierry Delaporte as new CEO; Neemuchwala to leave on 1 June
Thierry Delaporte, who will replace Abidali Neemuchwala, was most recently the chief operating officer of Capgemini Group.
29 May 04:10 • Firstpost • 4760741712676426010.htmlWipro appoints Thierry Delaporte as CEO & Managing Director
Wipro has appointed Thierry Delaporte as the Chief Executive Officer and Managing Director of the company, effective July 6 this year.Current CEO and MD Abidali Neemuchwala will relinquish his positio
29 May 08:44 • BusinessLine • 5283600313163776.htmlAfter Infosys, now Wipro hires a Capgemini top executive as CEO & MD
Appoints French IT services firm's COO Thierry Delaporte for its top post
29 May 06:59 • Business-Standard • 1502508926502333377.htmlWipro gains over 6% after Co appoints Thierry Delaporte as new CEO and MD
Delaporte was most recently the chief operating officer of French consulting and technology firm Capgemini Group.
29 May 04:26 • Business-Standard • 1502508925200004732.htmlIndian IT to get first non-Indian CEO in Wipro’s Thierry Delaporte
Thierry Delaporte, who will take over as CEO and MD on July 6 replacing incumbent Abidali Neemuchwala, is chairman Rishad Premjis choice to steer Wipro from a decade-long streak of below-par growth that has lagged peers. Rishad took over as Chairman of Wipro from his father Azim Premji last July.
29 May 03:35 • The Economic Times • 7653256037181841993.htmlWipro shares up by nearly 4%, after appointment announcement of Capgemini exec, Thierry Delaporte
29 May 06:42 • Free Press Journal • 9080771787338818279.htmlWipro shares gain 1% after Co appoints Thierry Delaporte as new CEO and MD
Delaporte was most recently the chief operating officer of French consulting and technology firm Capgemini Group.
29 May 04:26 • Business-Standard • 1502508926271545722.htmlThierry Delaporte appointed as CEO and Managing Director of WIPRO
29 May 04:02 • Free Press Journal • 9080771787223824047.htmlIndia's Wipro names new CEO; Thierry Delaporte to take over July 6
Thierry Delaporte to join from Capgemini and will be based in Paris
29 May 05:21 • Gulf News • 2086521543999459969.htmlWipro shares gain nearly 4% on Thierry Delaporte’s appointment as CEO, MD of company
Shares of Wipro on Friday jumped nearly 4 percent after the company announced the appointment of Capgemini Group veteran Thierry Delaporte as its Chief Executive Officer and Managing Director, effective 6 July, 2020
29 May 06:10 • Firstpost • 4760741713225168042.htmlThierry Delaporte, the first foreign CEO of Wipro, is no stranger to Indian IT
Delaporte, who joined Capgemini in 1995, through its acquisition of Sogeti, started with auditing. Soon, he led the finance operations for the company across regions outside of Europe. He moved to sales and later led Capgeminis Global Financial Services Strategic Business Unit before moving on to head the companys Latin American operations.
29 May 13:19 • The Economic Times • 7653256037122761091.htmlWho is Wipro’s new MD and CEO?
Wipro’s new MD and CEO Thierry Delaporte: Wipro named Thierry Delaporte as its new chief executive officer (CEO) and managing director (MD). He will be replacing Abidali Neemuchwala who relinquishes his position on June 1.
29 May 08:03 • The Indian Express • 2885715104357463079.htmlThierry Delaporte as CEO to help Wipro with new ideas, global presence: Analysts
Prior to Wipro, Delaporte was the chief operating officer of Capgemini Group and a member of its group executive board.Analysts believe Delaporte will be expected to deliver on tasks predecessor Abidali Z. Neemuchwala left incomplete
29 May 08:03 • Livemint • 6614605818012450478.htmlWho is Thierry Delaporte? Three interesting facts about Wipro’s new boss
Information technology major Wipro has appointed Capgemini Chief Operating Office, Thierry Delaporte, as its new Chief Executive Officer (CEO) and Managing Director.
29 May 11:07 • The Financial Express • 1288289579772078494.htmlWipro's new CEO Thierry Delaporte has an impressive CV but challenges galore: Experts
Delaporte will have to ring in organisational changes to help Wipro regain lost ground, feel experts.
29 May 00:00 • Moneycontrol • 1603024963631016671.htmlWipro Shares Gain Over 2% On Appointment Of New CEO And Managing Director
Wipro shares gained more than 2 per cent on the BSE on the appointment of Capgemini executive Thierry Delaporte as new CEO and managing director.
29 May 04:51 • NDTV.com • 5090057682265371242.htmlWipro shares jump 7 per cent on new CEO appointment
Shares of Wipro on Friday closed nearly 7 per cent higher after the company announced the appointment of Capgemini Group veteran Thierry Delaporte as its CEO and MD, effective July 6.
29 May 00:00 • Telangana Today • 8182025566728535733.htmlWipro's new CEO: Can foreign executives succeed in Indian IT firms?
Wipro's peers TCS and HCL Tech have always placed faith in long-timers.
29 May 00:00 • Moneycontrol • 1603024965112212963.htmlGoogle considering taking stake in Vodafone Idea: Report
29 May 04:52 • 20 articles
Google considering taking stake in Vodafone Idea: Report
A deal with Google could be a lifeline for Vodafone Idea, which owes as much as Rs 54,000 crore in adjusted gross revenue dues to the government.
29 May 04:52 • The Indian Express • 2885715105377118764.htmlGoogle could pick up stake in Vodafone Idea
A report in the Financial Times says Alphabet, Google’s parent company, is looking to buy 5 per cent stake in Vodafone's India business.
29 May 00:56 • The Asian Age • 2126266544114886149.htmlGoogle may pick 5% stake in Vodafone Idea
Google is considering acquiring a stake in Vodafone Group Plc’s struggling Indian business, the Financial Times reported, joining Facebook in investing in the world’s fastest-growing mobile arena. Google may take a stake of about 5% in Vodafone Idea, though the deliberations are at a very early stage, the FT cited people familiar with the matter as saying.
29 May 08:22 • Deccan Herald • 2027555797023268434.htmlVodafone Idea not considering any proposal from Google
On May 28, it was reported that Google was looking to enter India's telecom market via a 5 percent stake purchase in Vodafone Idea.
29 May 00:00 • Moneycontrol • 1603024964936570175.htmlNo proposal from Google, says Vodafone Idea
29 May 10:21 • Free Press Journal • 9080771788789875236.htmlGoogle mulls Vodafone Idea stake acquisition - report
Google plans to invest in Indian operator Vodafone India. The US giant seeks to acquire a 5 percent stake in Vodafone Idea, Financial Times reports, citing unnamed sources familiar with the matter. No financial details related to the planned transaction have been disclosed.
29 May 07:53 • Telecompaper • 8935967933746773.htmlVodafone Idea dismisses report of Google buying stake
"Currently, there is no proposal as reported by the media that is being considered at the Board," Vodafone Idea said
29 May 11:47 • Business Today • 1145527431791070335.htmlVodafone Idea Denies Reports Of Likely Stake Sale Talks With Google
On Friday, Vodafone Idea shares rose 12.71% to Rs 6.56 apiece on the BSE on reports of a likely stake sale deal with Google.
29 May 11:21 • Bloomberg | Quint • 7403450741658805191.htmlVodafone Idea stock jumps 35% on report of possible stake sale to Google
Analysts, however, say a 5 per cent sale will not help much given the cash burn and rising debt
29 May 13:36 • Business-Standard • 1502508925047644177.htmlVodafone Idea: No proposal before Board on stake sale to Google, but evaluating various opportunities
The Financial Times had reported that Google was exploring to buy a 5% stake in Vodafone Idea.
29 May 09:32 • The Economic Times • 7653256037222191068.htmlVodafone Idea issues clarification on reports of Google picking stake in company
Reacting to the reports of tech giant Google eyeing a 5 per cent stake in the company, Vodafone Idea on Friday clarified that there is no proposal before
29 May 11:12 • The Statesman • 1191309781477413474.htmlVodafone Idea shares up by 30% amid reports of Google investment
29 May 08:01 • Free Press Journal • 9080771788353054062.htmlVodafone Idea surges 35% on report Google eyeing 5% stake, trims gain later
The stock has been more-than-doubled from Rs 3.04 on April 1, as compared to a 13.4 per cent rise in the S&P BSE Sensex during the same period.
29 May 03:49 • Business-Standard • 1502508926166912033.htmlVodafone Idea share price zooms 35% on report Google eyeing stake in telco
Share price of Vodafone Idea gained 35% to Rs 7.85 compared to the previous close of Rs 5.82 on BSE
29 May 04:09 • Business Today • 1145527431317231067.htmlVodafone-Idea share price jumps 15%, Google mulls 5% stake buy in cash-strapped telco
Struggling telecommunications firm Vodafone-Idea saw its share price jump 15% in the initial few minutes of trade on Friday as investors reacted to the news of internet giant Google considering a 5% equity stake buy in the company.
29 May 10:08 • The Financial Express • 1288289579567506377.htmlGoogle's 5 per cent investment would not provide relief to Vodafone Idea: Report
Google's 5 per cent investment, even if it materialises, would be inadequate to solve debt problems at Vodafone Idea, according to a Credit Suisse report.“While Google's investment into VIL wo
29 May 12:26 • BusinessLine • 5283601659934867.htmlVodafone Idea share price dips 20% from day's high after co clarifies on stake sale
Any such investment will provide a breather for Vodafone Idea which has been reeling under increasing financial stress.
29 May 00:00 • Moneycontrol • 1603024965273217916.htmlNo proposal before board now, says Voda Idea on Google picking stake in co
The clarification to the BSE by Vodafone Idea comes a day after reports that Alphabet Inc's Google is eyeing about 5% stake in the telecom company.
29 May 09:48 • Business-Standard • 1502508925815974829.htmlDaily briefing: Satellite picks up Chinese artillery near LAC; Google mulls taking stake in Vodafone Idea
After Facebook bought a stake in Jio, now Google is looking to invest in Indian telecom. The Financial Times reported that it is eyeing the debt-laden Vodafone Idea.
29 May 03:51 • The Indian Express • 2885715105274612102.htmlVoda Idea jumps 35% on reports Google eyeing 5% stake in telco
For a 5 per cent stake, Google will have to shell out $110 million.
29 May 04:22 • The Economic Times • 7653256038275645702.htmlHow important is Hong Kong to China as a free finance hub?
29 May 00:00 • 16 articles
How important is Hong Kong to China as a free finance hub?
China still has extensive capital controls and often intervenes in its financial markets and banking system. Hong Kong is one of the world's most open economies and one of the biggest channels for equity and debt financing.
29 May 00:00 • Moneycontrol • 1603024964861033475.htmlHow important is Hong Kong to China as a free finance hub?
While China has reformed its markets over the years, over 60% of foreign direct investment (FDI) into and out of China continued to be channeled through Hong Kong as of 2018, according to Morgan Stanley.
29 May 08:15 • The Economic Times • 7653256037791915878.htmlStocks slip as markets await Trump’s Hong Kong response
Sino-US tensions outweigh optimism over re-opening.
29 May 04:43 • Moneyweb • 1092550948003994197.htmlExplainer: How important is Hong Kong to China as a free finance hub?
Explainer: How important is Hong Kong to China as a free finance hub?
29 May 00:00 • Investing.com • 5710361976153450662.htmlExplainer: How important is Hong Kong to China as a free finance hub?
Hong Kong is one of the world's most open economies and one of the biggest channels for equity and debt financing
29 May 08:53 • Business-Standard • 1502508926679069074.htmlExplainer: How important is Hong Kong to China as a free finance hub?
HONG KONG (Reuters) - Bankers and investors fear China’s push to impose national security laws on Hong Kong threaten the city’s future as an international financial centre. If it gets to that stage, Beijing’s move will come at a cost for China’s economy.
29 May 08:32 • Reuters • 8334514179850264376.htmlHong Kong stocks end week with more losses
HONG KONG, May 29 — Hong Kong stocks finished with more losses today as traders nervously await Donald Trump’s news conference, in which he will set out the US response to China’s plans to impose a security law on the financial hub. The Hang Seng Index fell 0.74 per cent, or 171.29 points, to...
29 May 08:43 • Malaymail • 302165934961430597.htmlStocks slip as investors await Trump's Hong Kong response
LONDON — Global stock markets fell and safe havens such as bonds and the Japanese yen gained on Friday, as investors awaited Washington’s response to China tightening control over the city of Hong Kong.
29 May 08:13 • Financial Post • 2379081493464431795.htmlBattle for Hong Kong Is Shifting to City’s Financial Markets
The struggle to maintain confidence in Hong Kong’s future is manifesting in its stock and currency markets.
29 May 08:36 • Bloomberg.com • 4032480122169782439.htmlAsian markets fall as new Chinese law puts Hong Kong’s future in doubt
Asian markets mostly fell in early trading Friday, ahead of a news conference by President Donald Trump regarding China.
29 May 03:13 • MarketWatch • 8975941548969900549.htmlAsian Stocks Down as Investors Await Trump Action
Asian Stocks Down as Investors Await Trump Action
29 May 00:00 • Investing.com • 5710361975784103997.htmlGlobal stocks slip as markets await Trump's HK response
SINGAPORE, May 29 ― Asia's stock markets pulled back and major currencies were held in check today, as investors await the US response to China tightening control over the city of Hong Kong. China's parliament yesterday pressed ahead with national security legislation for the city, raising fears...
29 May 02:51 • Malaymail • 302165936440667508.htmlEquities drop as Trump lines up China response
HONG KONG, May 29 — Equities mostly fell today after Donald Trump called a news conference for later in the day to outline his response to China’s plan to crack down on Hong Kong, which many fear could further increase tensions between the superpowers. The losses were being tempered, however,...
29 May 09:17 • Malaymail • 302165934650455768.htmlInvestors Skittish Ahead of Expected Sanctions on China
Wall Street is starting to feel the sting of U.S.-China tensions, as investors await President Trump’s announcement on potential sanctions later Friday.
29 May 13:52 • Courthouse News Service • 1799505150363622928.htmlUS-China tension to push Asian shares lower in choppy trade
All eyes are now on Friday's press conference hosted by Trump where he will address his response to China over its treatment of Hong Kong.
29 May 00:00 • Moneycontrol • 1603024964768579582.htmlUS Declaration Of (Cold) War
Stocks Analysis by Ed Yardeni covering: S&P 500, Dow Jones Industrial Average, ZTE Corp-H, S&P 500 Financials. Read Ed Yardeni's latest article on Investing.com
29 May 00:00 • Investing.com • 5710361976424023521.htmlIndia GDP Q4: At 4.2% GDP Growth Lowest in 11 Years But Better Than Expected | Explained in 10 Points
29 May 13:03 • 16 articles
India GDP Q4: At 4.2% GDP Growth Lowest in 11 Years But Better Than Expected | Explained in 10 Points
RBI Governor Shaktikanta Das said the economic growth in 2020-21 is likely to be in the negative territory as the "macroeconomic impact of the pandemic is turning out to be more severe than initially anticipated".
29 May 13:03 • India News, Breaking News, Entertainment News | India.com • 7150386083582528444.htmlIndia's GDP Growth Slows To 3.1% In March Quarter, 4.2% For FY20
Output of eight infrastructure sectors contracted by 38.1% in April.
29 May 12:32 • HUFFPOST • 6665507017308153118.htmlCovid-19 impact: India GDP growth slows to 3.1% in March quarter
Growth was 4.2% in the fiscal year through March 2020 as compared to 6.1% in FY19.The full impact of the lockdown on manufacturing and services will become more visible in the June quarter
29 May 12:21 • Livemint • 6614605819506458709.htmlIndia reports GDP growth for January-March quarter at 3.1%; 4.2% for FY20
India’s gross domestic product (GDP) growth slowed to 3.1 per cent in January-March quarter, official data showed on Friday.
29 May 13:04 • The Statesman • 1191309782474209857.htmlGDP: 3.1% for March quarter, 4.1% for year. But it is not due to coronavirus
GDP growth rate for March quarter slipped to 3.1% from 4.7% recorded during the previous quarter. The economy grew by 4.2% in 2019-20 for year. The coronavirus lockdown will have more impact in June quarter.
29 May 13:08 • India Today • 4286117813185149037.htmlAmid coronavirus outbreak India’s GDP growth slows to 3.1% in Jan-March quarter of FY20
29 May 12:50 • Free Press Journal • 9080771788935583669.htmlQ4 GDP data today: Why does the growth number matter to us?
Theoretically, the lockdown impacted the economy only in the last week of March. But, in reality much of the normal course of business had slowed down days before the nationwide lockdown came into effect. This is because people movement declined significantly much before the lockdown.
29 May 00:00 • Moneycontrol • 1603024963766404024.htmlGDP for 2019-20 Q4 plummets to 3.1%, full year growth at 4.2%
Data suggests that India's GDP growth in FY2019-20 slowed down to an 11-year-low of 4.2 per cent.
29 May 12:19 • India Today • 4286117813701412525.htmlMarch quarter GDP growth to show drastic fall; brace for worse in Q1FY21 print
A note by ICICI Bank stated the country's March quarter GDP growth may come to 1.5 percent year-on-year (YoY).
29 May 00:00 • Moneycontrol • 1603024964984493095.htmlIndia Q4 GDP data to be out today: Brokerages expect growth to reflect COVID-19 pain
Lockdown that began in last seven days of March is expected to have taken a toll on economic growth; economy is likely to have entered a recessionary phase with some agencies even estimating a contraction of over 5 per cent in FY21
29 May 05:02 • Business Today • 1145527431870800492.htmlQ4FY20 GDP estimates out today: What's in store for India's economy
Economists and analysts indicated that the GDP figures released today will only offer an assessment of the early damage caused by Covid-19 outbreak. They also expect a sharp economic decline in upcoming quarters.
29 May 05:20 • India Today • 4286117813650801898.htmlGDP growth likely be at 3.6% in Jan-Mar quarter, says Care Ratings; govt to release data today evening
The country's GDP growth is likely to be at 3.6 percent in January-March 2020 as economic activity came to a complete halt due to the countrywide lockdown imposed to contain the coronavirus outbreak, says a report
29 May 06:22 • Firstpost • 4760741711868037707.htmlCanada GDP in April fell a record 11% as COVID-19 shutters economy
Gross domestic product in March fell by 7.2 percent from February, the most severe month-on-month plunge ever, although the decline was less than the 9 percent predicted by analysts. Statscan said the March and April decreases were likely the largest-ever consecutive monthly declines.
29 May 00:00 • Moneycontrol • 1603024963977858061.htmlWhat's the cost of Covid lockdown? Today’s GDP data will give an idea
To be sure, Indias growth was already at a six-year-low during the pre-lockdown period.
29 May 05:33 • The Economic Times • 7653256037626196390.htmlGDP numbers: Data collection affected due to COVID-19 outbreak, says government
The GDP growth for FY2019-20 came in at 4.2 percent, against 6.1 percent in FY 2018-19.
29 May 00:00 • Moneycontrol • 1603024964002400698.htmlCanada’s economy saw record decline in March, with worse numbers forecast for April
Statistics Canada says GDP fell 7.2 per cent in March; the agency is forecasting a decline of 11 per cent in April as COVID-19 lockdowns took hold
29 May 13:18 • The Globe and Mail • 68426411143120148.htmlAritzia Inc. 2020 Q4 - Results - Earnings Call Presentation
29 May 03:14 • 15 articles
Aritzia Inc. 2020 Q4 - Results - Earnings Call Presentation
The following slide deck was published by Aritzia Inc. in conjunction with their 2020 Q4 earnings call.
29 May 03:14 • Seeking Alpha • 5725634556454028287.htmlOlympus Corporation 2020 Q4 - Results - Earnings Call Presentation
The following slide deck was published by Olympus Corporation in conjunction with their 2020 Q4 earnings call.
29 May 11:43 • Seeking Alpha • 5725634557596730019.htmlB.O.S. Better Online Solutions Ltd. 2020 Q1 - Results - Earnings Call Presentation
The following slide deck was published by B.O.S. Better Online Solutions Ltd. in conjunction with their 2020 Q1 earnings call.
29 May 13:26 • Seeking Alpha • 5725634556614665058.htmliMedia Brands, Inc. 2020 Q1 - Results - Earnings Call Presentation
The following slide deck was published by iMedia Brands, Inc. in conjunction with their 2020 Q1 earnings call.
29 May 13:28 • Seeking Alpha • 5725634557906387052.htmlElekta AB (publ) 2020 Q4 - Results - Earnings Call Presentation
The following slide deck was published by Elekta AB (publ) in conjunction with their 2020 Q4 earnings call.
29 May 13:53 • Seeking Alpha • 5725634557663685872.htmlVipshop Holdings Limited 2020 Q1 - Results - Earnings Call Presentation
The following slide deck was published by Vipshop Holdings Limited in conjunction with their 2020 Q1 earnings call.
29 May 13:24 • Seeking Alpha • 5725634557624909298.htmlSummit Wireless Technologies, Inc. 2020 Q1 - Results - Earnings Call Presentation
The following slide deck was published by Summit Wireless Technologies, Inc. in conjunction with their 2020 Q1 earnings call.
29 May 13:22 • Seeking Alpha • 5725634556232819360.htmlKNOT Offshore Partners LP 2020 Q1 - Results - Earnings Call Presentation
The following slide deck was published by KNOT Offshore Partners LP in conjunction with their 2020 Q1 earnings call.
29 May 13:38 • Seeking Alpha • 5725634557544941703.htmlBooz Allen Hamilton Holding Corporation 2020 Q4 - Results - Earnings Call Presentation
The following slide deck was published by Booz Allen Hamilton Holding Corporation in conjunction with their 2020 Q4 earnings call.
29 May 11:54 • Seeking Alpha • 5725634556524283000.htmlAutoZone, Inc. 2020 Q3 - Results - Earnings Call Presentation
The following slide deck was published by AutoZone, Inc. in conjunction with their 2020 Q3 earnings call.
29 May 11:52 • Seeking Alpha • 5725634558094765039.htmlReneSola Ltd 2020 Q1 - Results - Earnings Call Presentation
The following slide deck was published by ReneSola Ltd in conjunction with their 2020 Q1 earnings call.
29 May 11:45 • Seeking Alpha • 5725634558007163140.htmlStoneCo Ltd. 2020 Q1 - Results - Earnings Call Presentation
The following slide deck was published by StoneCo Ltd. in conjunction with their 2020 Q1 earnings call.
29 May 12:02 • Seeking Alpha • 5725634557918275824.htmlHitachi, Ltd. 2020 Q4 - Results - Earnings Call Presentation
The following slide deck was published by Hitachi, Ltd. in conjunction with their 2020 Q4 earnings call.
29 May 13:52 • Seeking Alpha • 5725634556912593585.htmlEuroseas Ltd. 2020 Q1 - Results - Earnings Call Presentation
The following slide deck was published by Euroseas Ltd. in conjunction with their 2020 Q1 earnings call.
29 May 13:29 • Seeking Alpha • 5725634556468364434.htmlBRP Inc. 2020 Q1 - Results - Earnings Call Presentation
The following slide deck was published by BRP Inc. in conjunction with their 2020 Q1 earnings call.
29 May 13:33 • Seeking Alpha • 5725634557251525937.htmlMadras High Court issues notices to Franklin Templeton Mutual Fund, SEBI: Investors group
29 May 08:15 • 8 articles
Madras High Court issues notices to Franklin Templeton Mutual Fund, SEBI: Investors group
Notices have been issued to crisis-hit Franklin Templeton Mutual Fund and Sebi by the Madras High Court after a petition was filed by an investors group to safeguard nearly Rs 28,000 crore of investors' money stuck in six schemes shut down by the fund house, according to a statement
29 May 08:15 • Firstpost • 4760741712337206522.htmlMadras high court issues notices to Franklin Templeton MF, Sebi: Investors Group
India Business News: Notices have been issued to crisis-hit Franklin Templeton Mutual Fund and Sebi by the Madras High Court after a petition was filed by an investors gro
29 May 10:33 • The Times of India • 6060938664018412824.htmlMadras High Court slaps notices to Franklin Templeton MF, Sebi, says Investors Group
29 May 11:02 • Free Press Journal • 9080771786911147082.htmlMadras High Court issues notices to Franklin Templeton MF, Sebi: Investors Group
It further said mutual funds and the fund managers should be made to answer questions on their choice of investment, and compliance with regulatory and prudential norms, among others.
29 May 13:22 • The Financial Express • 1288289579541332474.htmlMadras High Court issues notices to Franklin Templeton MF, Sebi
Last month, Franklin Templeton had closed six debt funds.
29 May 12:05 • The Economic Times • 7653256036600987555.htmlFranklin Templeton to soon start e-voting process for winding up six debt schemes
Sources in the mutual fund industry say that Trustees of Franklin Templeton MF will start sending notices to investors on the voting process and unit holders’ meeting in the next two-three days.
29 May 01:49 • The Financial Express • 1288289580907297067.htmlFranklin Templeton’s legal troubles rise as Madras HC issues notice
The court sought a status report from Sebi on the refund process.The matter would be next heard on 26 June
29 May 11:20 • Livemint • 6614605818260377020.htmlSebi seeks time to file counter in High Court on PIL against Franklin MF
The PIL had been filed by an investor protection society in response to the abrupt winding up six debt schemes worth Rs 28,000 crore of assets under management by the fund house
29 May 12:23 • Business-Standard • 1502508924569181185.htmlGreece to open to tourists from 29 countries from June 15
29 May 12:12 • 10 articles
Greece to open to tourists from 29 countries from June 15
Europe News: ATHENS: Greece said on Friday it will open to visitors from 29 countries from June 15, days before its peak tourism season begins.
29 May 12:12 • The Times of India • 6060938663585570988.htmlGreece to open to tourists from 29 countries from June 15
ATHENS (Reuters) - Greece said on Friday it will open to visitors from 29 countries from June 15, days before its peak tourism season begins.
29 May 12:22 • Reuters • 8334514180411317766.htmlGreece to allow visitors from 29 countries from June 15, but not UK
Greece listed 29 countries from where it will accept visitors as of June 15 as the Greek government looks to mitigate some of the financial damage from the coronavirus pandemic. The Greek Tourism Ministry said travellers from the permitted countries will be able to enter Greece on direct flights to Athens and to the northern city of Thessaloniki.
29 May 13:56 • ITV News • 2184971257594903162.htmlGreece: Tourists from 29 countries can fly in as of June 15
Greece on Friday listed 29 countries from where it will accept visitors as of June 15 as the Greek government looks to mitigate some of the financial damage from the coronavirus pandemic.
29 May 00:00 • The Washington Times • 8941836442034552444.htmlGreece open for travel from June 15th
The tourism ministry on Friday announced the list of countries for which Greece's borders will be "open" from June 15th, with flights permitted to land in
29 May 13:01 • Greek City Times • 1506177377752438103.htmlGreece to allow visitors from 29 countries next month, but not UK
Greece on Friday listed 29 countries from where it will accept visitors as of June 15 as the Greek government looks to mitigate some of the financial damage from the coronavirus pandemic.
29 May 12:42 • independent • 5894610845057693618.htmlGreece to allow visitors from 29 countries next month, but not UK
The popular tourist destination was quick to impose a lockdown.
29 May 12:46 • Jersey Evening Post • 6141642773394909198.htmlGreece Will Welcome Tourists Back, But Not Americans
Visitors from nearly 30 countries can travel to Greece as early as June 15
29 May 00:00 • Forbes • 6028587531128963984.htmlGreece bans Britons from going on holiday in the country when it reopens its borders on June 15 due to high level of UK coronavirus cases
While citizens of 29 other countries will be allowed to travel when Greece's airports reopen to tourists on June 15, the UK's number of coronavirus cases is still too high. Pictured, Mykonos.
29 May 13:27 • Mail Online • 124328112590668910.htmlGreece to allow visitors from 29 countries next month, but not UK
The popular tourist destination was quick to impose a lockdown.
29 May 12:44 • Express & Star • 7324224458859505678.htmlRenault announces it is staying in F1
29 May 09:21 • 8 articles
Renault announces it is staying in F1
Renault is staying in Formula 1 for now.
29 May 09:21 • Sports Mole • 7750663361946820868.htmlRenault to cut 15,000 jobs, save RM9.7 billion by 2024
Lots of movement in the Renault-Nissan-Mitsubishi Alliance lately, what with the reveal of a new business strategy and Nissan both posting severe losses
29 May 11:16 • Paul Tan's Automotive News • 7862472106882391314.htmlWe thought too big, Renault says as it axes 15,000 jobs in cost-cutting reboot
We thought too big, Renault says as it axes 15,000 jobs in cost-cutting reboot
29 May 00:00 • Investing.com • 5710361974738730182.htmlWe thought too big, Renault says as it axes 15,000 jobs in cost-cutting reboot
Renault acknowledged that its global ambitions had been unrealistic, announcing plans to cut about 15,000 jobs, shrink production and restructure French plants as it pressed the reset button and sought to banish the spectre of Carlos Ghosn. Faced with a slump in demand that has been exacerbated by the coronavirus pandemic, Renault detailed plans on Friday to find 2 billion euros ($2.22 billion) in savings over the next three years. "We thought too big in terms of sales," said interim Chief Exe
29 May 08:54 • Autoblog • 4372976972555997065.html‘We thought too big,’ Renault says as it axes 15,000 jobs in cost-cutting reboot
Faced with a slump in demand that has been exacerbated by the coronavirus pandemic, Renault detailed plans on Friday to find 2 billion euros in savings over the next three years.
29 May 11:03 • The Globe and Mail • 68426410031045063.htmlWe thought too big, Renault says as it axes 15,000 jobs in cost-cutting reboot
PARIS, May 29 — Renault acknowledged that its global ambitions had been unrealistic, announcing plans to cut about 15,000 jobs, shrink production and restructure French plants as it pressed the reset button and sought to banish the spectre of Carlos Ghosn. Faced with a slump in demand that has...
29 May 13:35 • Malaymail • 302165934447216501.htmlWe thought too big, Renault says as it axes 15,000 jobs in cost-cutting reboot
PARIS (Reuters) - Renault acknowledged that its global ambitions had been unrealistic, announcing plans to cut about 15,000 jobs, shrink production and restructure French plants as it pressed the reset button and sought to banish the spectre of Carlos Ghosn.
29 May 13:01 • Reuters • 8334514179832803463.htmlWe thought too big, Renault says as it axes 15,000 jobs in cost-cutting reboot
PARIS (Reuters) - Renault acknowledged that its global ambitions had been unrealistic, announcing plans to cut about 15,000 jobs, shrink production and restructure French plants as it pressed the reset button and sought to banish the spectre of Carlos Ghosn.
29 May 13:01 • Reuters • 8334514181111796543.htmlSupport For Arts And Music Sector Recovery
29 May 12:08 • 7 articles
Support For Arts And Music Sector Recovery
A jobseekers programme for the creative sector and four new funds have been set up by the Government to help our arts and music industry recover from the blow of COVID-19.
29 May 12:08 • SCOOP • 5315659000301448806.htmlSupport for arts and music sector recovery - Ardern, Sepuloni, Robertson
A jobseekers programme for the creative sector and four new funds have been set up by the Government to help our arts and music industry recover from the blow of COVID-19.
29 May 13:00 • www.voxy.co.nz • 6138926315511519977.htmlGovt announces package to boost arts sector
The government has announced a $175 million package to boost the arts and creative sector in the wake of Covid-19. This story was first published...
29 May 00:00 • Otago Daily Times Online News • 3107042078866378201.htmlGreen Party Welcomes Crucial Financial Support For Creatives
The Green Party says new government support for creatives and artists is a vital lifeline for a sector struggling to survive the COVID crisis.
29 May 12:03 • SCOOP • 5315658999185114462.htmlGovt announces package to boost arts sector
The government has announced a $175 million package to boost the arts and creative sector in the wake of Covid-19. This story was first published...
29 May 00:00 • Otago Daily Times Online News • 3107042079290011135.htmlSupport for arts and music sector recovery - Government
A jobseekers programme for the creative sector and four new funds have been set up by the Government to help our arts and music industry recover from the blow of COVID-19.
29 May 13:55 • www.voxy.co.nz • 6138926315804721701.html'Green Party welcomes crucial financial support for creatives'
The Green Party says new government support for creatives and artists is a vital lifeline for a sector struggling to survive the COVID crisis.
29 May 13:04 • www.voxy.co.nz • 6138926314902144455.htmlGDP growth at 3.1% in Q4 drags full year FY20 growth to 4.2 per cent
29 May 12:34 • 6 articles
GDP growth at 3.1% in Q4 drags full year FY20 growth to 4.2 per cent
The govt has revised growth for the first three quarters of FY20 to 5.2% in Q1, 4.4% in Q2 and 4.1% in Q3.
29 May 12:34 • The Economic Times • 7653256037299460965.htmlIndia's Q4 FY20 GDP Down To 3.1%, 2019-20 Growth Shrinks To 4.2%
On a sequential basis, the quarterly growth rate has progressively come down from 5.2 per cent in Q1 of 2019-20 to 4.4 per cent in Q2 and 4.1 per cent in Q3.
29 May 13:30 • Abplive • 5873643725920283825.htmlIndia GDP growth slows to 3.1% in Q4, stands at 11-year low of 4.2% in FY20
The second Advance Estimates, released on February 28, had projected the FY20 growth rate at 5 per cent
29 May 12:19 • Business-Standard • 1502508925541543150.htmlCoronavirus Impact: GDP growth lowest in 11 years
India's gross domestic product (GDP) grew at 3.1 per cent in the final quarter of financial year 2019-20, lowest in 44 quarters, according to the government data released on Friday. Overall growth for FY20 slumped to 4.2 per cent - lowest since FY09 when
29 May 00:00 • Business Today • 1145527431028913291.htmlTop headlines: GDP growth slips to 3.1% in Q4FY20; 4.2% in 2019-20
Business Standard brings to you the top headlines of the day
29 May 10:25 • Business-Standard • 1502508926046619621.htmlIndia's Q4 GDP growth falls to 3.1% - worst since 2009 global financial crisis
India's gross domestic product (GDP) growth in Q4FY20 is the lowest in 44 quarters, according to the data by Central Statistics Office (CSO)
29 May 12:15 • Business Today • 1145527432738635945.htmlIndia, US could strike a 'smaller' trade deal in the coming weeks: Indian envoy
29 May 00:00 • 6 articles
India, US could strike a 'smaller' trade deal in the coming weeks: Indian envoy
Addressing the virtual West Coast Summit of US-India Strategic Partnership Forum (USISPF), Sandhu said that India's supply of antimalarial drug hydroxychloroquine (HCQ) to the US has given the two countries enough confidence and have played an important foundation.
29 May 00:00 • Moneycontrol • 1603024964460067268.htmlIndia, US could strike a ‘smaller’ trade deal in the coming weeks: Indian envoy
According to India's ambassador Taranjit Singh Sandhu, India and the US could strike a smaller trade deal in the coming weeks
29 May 07:10 • TechGenyz • 5378425016004523179.htmlIndia, US could strike a 'smaller' trade deal in the coming weeks: Indian envoy
The two countries have been negotiating a trade package to iron out issues and boost two-way commerce.
29 May 07:06 • The Economic Times • 7653256037824296285.htmlIndia, US could strike a 'smaller' trade deal in the coming weeks: Indian envoy
India and the US could strike a “smaller” trade deal in the coming weeks, India's ambassador Taranjit Singh Sandhu has said while acknowledging that the unprecedented challenges posed by the COVID-19
29 May 12:48 • Deccan Herald • 2027555796568003260.htmlModi’s hydroxychloroquine support to US brings first installment of mega US-India trade deal closer
India and the US could strike a smaller trade deal in the coming weeks as hydroxychloroquine supply to the US has given the two countries enough confidence.
29 May 13:18 • The Financial Express • 1288289580695987978.htmlIndia, US could strike a 'smaller' trade deal in coming weeks: Indian envoy
The two countries have been negotiating a trade package to iron out certain issues and further boost two-way commerce
29 May 09:54 • Business-Standard • 1502508925035428504.htmlVolkswagen spending $2.2 billion to expand in China’s electric car market
29 May 00:00 • 5 articles
Volkswagen spending $2.2 billion to expand in China’s electric car market
Volkswagen is spending 2 billion euros ($2.2 billion) to expand its presence in China's electric car industry in the biggest foreign investment announced since the country's economy began to reopen following the coronavirus pandemic.
29 May 00:00 • Telangana Today • 8182025567132434382.htmlVW spending $2.2B to expand in China’s electric car market
Volkswagen makes its biggest foreign investment of $2.2 billion to make its presence in the Chinese electric vehicle market.
29 May 06:38 • TechGenyz • 5378425015913960931.htmlVW spending $2.2B to expand in China's electric car market
Volkswagen is spending 2 billion euros ($2.2 billion) to expand its presence in China's electric car industry in the biggest foreign investment announced since the country's economy began to reopen following ...
29 May 07:58 • Tech Xplore • 4945708899343696713.htmlVW spending $2.2B to expand in China's electric car market
BEIJING — Volkswagen is spending 2 billion euros ($2.2 billion) to expand its presence in China’s electric car industry in the biggest foreign investment announced since the country’s economy began to reopen following the coronavirus pandemic.
29 May 06:05 • 680News • 8014034334214280675.htmlVW spending $2.2B to expand in China's electric car market
Volkswagen is spending 2 billion euros (US$2.2 billion) to expand its presence in China's electric car industry in the biggest foreign investment announced since the country's economy began to reopen following the coronavirus pandemic.
29 May 13:03 • CTVNews • 2422791598231115851.htmlPeet’s Coffee IPO Raises $2.5 Billion
29 May 00:00 • 5 articles
Peet’s Coffee IPO Raises $2.5 Billion
Peet’s Coffee IPO Raises $2.5 Billion
29 May 00:00 • Investing.com • 5710361976379843304.htmlCoffee maker JDE Peet's shares pop 15% after $17 billion virtual IPO
AMSTERDAM (Reuters) - Shares in coffee maker JDE Peet’s surged 15% in their stock market debut on Friday as investors jumped on the only big European IPO launched during the coronavirus crisis.
29 May 13:50 • Reuters • 8334514180678443740.htmlDouwe Egberts' parent valued at €15.6 billion in Amsterdam IPO
Coffee maker JDE Peet's, parent company of Douwe Egberts among others, made its stock debut on Amsterdam's AEX on Friday, one of only a handful of IPOs launched in the coronavirus crisis. Shares
29 May 09:30 • NL Times • 9001346994252203355.htmlAs Peet’s Coffee Parent Shares Surge Post IPO, Expect It To Be A Bigger Contender Against Starbucks
The coronavirus pandemic may have shut restaurants and cafes, but it’s not quenched the thirst for coffee: shares of Peet’s Coffee parent JDE Peet's surged 14% on Friday after an initial public offering, likely paving the way for Peet’s to be a bigger challenger against coffee house giant Starbucks.
29 May 00:00 • Forbes • 6028587532409905373.htmlEuropean coffee giant brews a strong IPO
JDE Peet's shows that coffee is a good mix to have in a virus-struck marketplace
29 May 05:53 • Gulf News • 2086521544181435112.htmlCOVID-19 pandemic: US consumer spending tumble in April
29 May 00:00 • 4 articles
COVID-19 pandemic: US consumer spending tumble in April
The Commerce Department said on Friday consumer spending, which accounts for more than two-thirds of U.S. economic activity, plunged 13.6 percent last month.
29 May 00:00 • Moneycontrol • 1603024964495244188.htmlCoronavirus depresses U.S. consumer spending in April
U.S. consumer spending suffered another month of record decline in April as the COVID-19 pandemic undercut demand, buttressing expectations that the economy could contract in the second quarter at its steepest pace since the Great Depression. The Commerce Department said on Friday consumer spending,
29 May 13:03 • Yahoo • 7097669637980581976.htmlCoronavirus depresses U.S. consumer spending in April
WASHINGTON (Reuters) - U.S. consumer spending suffered another month of record decline in April as the COVID-19 pandemic undercut demand, buttressing expectations that the economy could contract in the second quarter at its steepest pace since the Great Depression.
29 May 13:34 • Reuters • 8334514179704286533.htmlGovernment's stimulus program to boost consumer spending
The world has been experiencing an unprecedented economic downturn due to the COVID-19 pandemic. A significant number of economic activities have shut down. With increasing unemployment, economists are devising and proposing economic measures that could help ensure a sustainable increase in consumer spending and circumvent a long-term economic recession. However, whether the proposed economic measures are going to provide a long-term solution to these problems remains a concern.
29 May 04:00 • EurekAlert! • 8889232468082336633.htmlVolkswagen invests 2 billion euros in Chinese electric vehicle sector
29 May 13:20 • 3 articles
Volkswagen invests 2 billion euros in Chinese electric vehicle sector
Volkswagen will take a 50% stake in JAG – the parent company of state-owned JAC Motors – and a 26% share of Chinese battery supplier Gotion High-Tech
29 May 13:20 • Rappler • 1882105642751442254.htmlVolkswagen invests two billion euros in China – new acquisitions are part of its electrification strategy
Volkswagen has announced some big moves in China as part of its electrification strategy in the world's largest auto market. The German giant plans to
29 May 08:20 • Paul Tan's Automotive News • 7862472106291726060.htmlVolkswagen Ploughs Over $2 Billion Into the Chinese Electric Car Industry
On Friday, Volkswagen announced it would be investing $2.2 billion in two companies in the Chinese electric vehicle sector in a bid to push forward the "world's biggest market" towards the electrification of cars.
29 May 08:44 • Interesting Engineering • 7328942541279250305.htmlFinancial sector weighs on S&P/TSX composite, U.S. stock markets down
29 May 08:00 • 3 articles
Financial sector weighs on S&P/TSX composite, U.S. stock markets down
Losses in the financial sector helped weigh down Canada's main stock index in late-morning trading as it posted a triple-digit decline, while U.S. stock markets also moved lower.
29 May 08:00 • CTVNews • 2422791598238444055.htmlFinancial sector weighs on Toronto, U.S. stock markets mixed in early trading
Canada's main stock index fell in early trading as losses in the heavyweight financial sector offset gains by materials stocks.
29 May 08:00 • CTVNews • 2422791598816352092.htmlFinancial sector weighs on Toronto, U.S. stock markets mixed in early trading
TORONTO — Canada's main stock index fell in early trading as losses in the heavyweight financial sector offset gains by materials stocks. The S&P/TSX composite index was down 63.98 points at 15,198.75.
29 May 13:48 • KitchenerToday.com • 52741010189574190.htmlSAA’s BRPs ask for another extension to finalise rescue plan
29 May 00:00 • 3 articles
SAA’s BRPs ask for another extension to finalise rescue plan
This will be their fourth extension since taking charge of the embattled airline since December last year.
29 May 00:00 • ewn.co.za • 2308610108161451945.htmlSAA's BRPs criticised for delaying rescue plan
The plan was expected to be made public on Friday but the practitioners have asked for an extension to 8 June.
29 May 00:00 • ewn.co.za • 2308610107759650173.htmlAnother delay in release of SAA rescue plan
Rescue practitioners Siviwe Dongwana and Les Matuson have asked creditors for another extension — the fourth thus far — to the deadline to publish SAA’s business rescue plan.
29 May 13:13 • Daily Maverick • 2373996787291754192.htmlVestager says she is not placing extra hurdles in way of Lufthansa bailout
29 May 09:20 • 3 articles
Vestager says she is not placing extra hurdles in way of Lufthansa bailout
BRUSSELS — EU antitrust chief Margrethe Vestager on Friday denied that she is placing additional hurdles in the way of Lufthansa’s $10 billion government rescue, which has been held up by her demand for the stricken airline to give up airport slots.
29 May 09:20 • Financial Post • 2379081491987432001.htmlVestager hits back at Lufthansa bailout criticism
Commission vice-president in charge of competition Margarethe Vestager argued that companies getting large capital injections from the state during the corona crisis still have to offset their competitive advantage.
29 May 13:42 • EUobserver • 625925298145076137.htmlPreliminary agreement reached in Lufthansa bailout row: source
Preliminary agreement reached in Lufthansa bailout row: source
29 May 00:00 • Investing.com • 5710361975896341358.htmlAnalysts welcome reduction of lending rate by CBN
29 May 13:01 • 3 articles
Analysts welcome reduction of lending rate by CBN
Financial analysts on Friday said the reduction of the monetary policy rate from 13.5 to 12.5 per cent, as announced by the Central Bank of Nigeria would
29 May 13:01 • Premium Times Nigeria • 5456729301195852637.htmlEx-CBN director lauds MPC over interest rate reduction
A financial expert, Dr Titus Okunrounmu, has commended the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) for reducing the interest rate by one-percentage-point from 13.5 per cent.
29 May 10:59 • The Guardian • 7580308505399080232.htmlAccess Bank plans more loans for health care - The Nation Nigeria
Access Bank Plc is set to disburse loans through the Central Bank of Nigeria (CBN) credit support scheme to boost the pharmaceutical and healthcare...
29 May 06:17 • Latest Nigeria News, Nigerian Newspapers, Politics • 2658445900604553237.htmlWith 'Main Street' in view, Fed weighs risks of job, productivity shocks
29 May 00:00 • 3 articles
With 'Main Street' in view, Fed weighs risks of job, productivity shocks
With 'Main Street' in view, Fed weighs risks of job, productivity shocks
29 May 00:00 • Investing.com • 5710361976264321318.htmlWith 'Main Street' in view, Fed weighs risks of job, productivity shocks
WASHINGTON (Reuters) - U.S. Federal Reserve officials have talked broadly about helping households and firms through the current economic crisis and quickly unleashed trillions of dollars in cash and credit guarantees to build a “bridge” to the post-pandemic world.
29 May 05:06 • Reuters • 8334514180592306397.htmlWith 'Main Street' in view, Fed weighs risks of job, productivity shocks
U.S. Federal Reserve officials have talked broadly about helping households and firms through the current economic crisis and quickly unleashed ...
29 May 13:10 • CNA • 5644198863281265621.htmlTokyo to further relax coronavirus curbs on Monday, governor says
29 May 05:39 • 3 articles
Tokyo to further relax coronavirus curbs on Monday, governor says
TOKYO — Curbs in Japan’s capital of Tokyo to contain the coronavirus are to be eased further from Monday, Governor Yuriko Koike said, citing the recommendation of an advisory panel.
29 May 05:39 • National Post • 4816958590890092740.htmlTokyo to further relax coronavirus curbs on Monday, governor says
TOKYO: Curbs in Japan's capital of Tokyo to contain the coronavirus are to be eased further from Monday (Jun 1), Governor Yuriko Koike said, ...
29 May 13:59 • CNA • 5644198863591917744.htmlTokyo to further relax coronavirus curbs on Monday, governor says
TOKYO (Reuters) - Curbs in Japan’s capital of Tokyo to contain the coronavirus are to be eased further from Monday, Governor Yuriko Koike said, citing the recommendation of an advisory panel.
29 May 09:57 • Reuters • 8334514180448095948.htmlBetter Buy: Alibaba vs. Alphabet
29 May 13:40 • 3 articles
Better Buy: Alibaba vs. Alphabet
These two technology giants are leaders in their respective markets. Discover what makes one a better investment choice.
29 May 13:40 • The Motley Fool • 2231313659125647414.html2 Stocks I'll Hold Forever
These companies both have the capacity to keep growing their revenues at a strong and steady pace for the long term.
29 May 13:15 • The Motley Fool • 2231313658008280693.htmlBetter Buy: Zoom Video Communications vs. Microsoft
Both companies are enjoying strong growth. But is the new tech upstart or the veteran the superior investment choice?
29 May 13:30 • The Motley Fool • 2231313658755361716.html20 Lakh Crore Economic Package Was A Show Off By The Government: Abhishek Manu Singhvi
29 May 10:45 • 3 articles
20 Lakh Crore Economic Package Was A Show Off By The Government: Abhishek Manu Singhvi
Senior Congress leader Abhishek Manu Singhvi attacked the government over a faltering economy. 'GDP is falling continuously,' he said adding that the 20 lakh crore economic package is a mere show-off by the government.
29 May 10:45 • Abplive • 5873643726212308916.htmlBengal’s Amphan-Damage Assessment Of Rs 1 Lakh Crore May Be Grossly Inflated, And That’s Why Centre Should Scrutinise It Closely
There are many reasons to doubt this seemingly fantastical Amphan-damage assessment figure of Rs 1 lakh crore.
29 May 13:19 • Swarajya • 4977622828831642158.htmlFY20 fiscal deficit widens to 4.59% of GDP, higher than budget aim of 3.8%
This would mean that the government will have limited space to provide economic relief to businesses and individuals hit by coronavirus crisis.In absolute terms, total receipts of the government were ₹17.5 lakh crore against the estimate of ₹19.31 lakh crore
29 May 13:35 • Livemint • 6614605819622432221.htmlCBOT Trends - Corn, wheat mixed; soybeans down 4-6 cents
29 May 13:06 • 3 articles
CBOT Trends - Corn, wheat mixed; soybeans down 4-6 cents
CHICAGO, May 29 (Reuters) - Following are U.S. trade expectations for the opening of grain and soy complex trading at the Chicago Board of Trade (CBOT) at 8:30 a.m. CDT (1330 GMT) on Friday.WHEAT - Mixed, up 2 cents to down 2 cents per bushel* Technical selling pressuring wheat after most-active contract rallied 2% on Thursday. But strong export sales report supportive.
29 May 13:06 • Successful Farming • 8502642054091810514.htmlGRAINS-Corn set for biggest weekly gain in more than 7 months
SYDNEY, May 29 (Reuters) - U.S. corn futures rose for a fifth consecutive session on Friday as concerns about adverse weather impacting crops pushed the grain towards its biggest weekly gain in more than seven months.FUNDAMENTALS* The most active corn futures on the Chicago Board Of Trade were up more than 3% for the week, heading for their biggest weekly gain since October 2019.* Corn was up 0.5% at $3.29 a bushel by 0106 GMT after rallying more than 2% on Thursday, when prices hit their highest since April 23 at $3.30-3/4 a bushel.
29 May 01:26 • Successful Farming • 8502642053910484359.htmlGRAINS-Corn extends gains, set for biggest weekly jump in 7 months
* Corn firms for fifth straight session* Wheat poised to finish the week up 1%* Soybeans on course for biggest weekly gain in two monthsBy Colin PackhamSYDNEY, May 29 (Reuters) - U.S. corn futures rose for a fifth consecutive session on Friday as concerns about adverse weather impacting crops and signs of increased demand pushed the grain towards its biggest weekly gain in more than seven months.Wheat was little changed but was on course to finish the week up 1%, while soybeans were poised to record their biggest weekly gain in two months.
29 May 03:44 • Successful Farming • 8502642053702816297.htmlUber introduces a new hourly rate for longer, multistop trips
29 May 13:18 • 3 articles
Uber introduces a new hourly rate for longer, multistop trips
Uber will charge $50 an hour for these longer trips.
29 May 13:18 • The Verge • 1337119303300853172.htmlUber now lets U.S. riders book trips for $50 an hour
Uber is introducing a new service that allows riders in the U.S. to book trips for $50 per hour up to a maximum of seven hours.
29 May 13:00 • VentureBeat • 6273363636141269069.htmlUber launches hourly ride booking option in some U.S. cities
(Reuters) - Uber Technologies Inc on Friday said it would offer rides by the hour in some U.S. cities, a feature aimed at helping Americans with essential trips during the coronavirus pandemic.
29 May 13:07 • Reuters • 8334514180628238083.htmlFed's Mester says it's hard to imagine quick V-shaped recovery
29 May 00:00 • 3 articles
Fed's Mester says it's hard to imagine quick V-shaped recovery
Fed's Mester says it's hard to imagine quick V-shaped recovery
29 May 00:00 • Investing.com • 5710361975417775229.htmlFed’s Mester Leans Against Yield-Control Move at June FOMC
Fed’s Mester Leans Against Yield-Control Move at June FOMC
29 May 00:00 • Investing.com • 5710361975646525389.htmlFed's Mester: Hard to imagine a quick V-shaped recovery as consumers remain cautious
The Federal Reserve's actions so far improved the market liquidity and functioning, Cleveland Federal Reserve President Loretta Mester told Bloomberg
29 May 13:23 • FXStreet • 4480975638807589333.htmlAustralia's 'war cabinet' shifts focus to jobs: PM
29 May 05:28 • 2 articles
Australia's 'war cabinet' shifts focus to jobs: PM
SYDNEY (Reuters) - Australia’s “war cabinet” will meet every month to focus on bringing unemployment down after successfully slowing the spread of the novel coronavirus, Prime Minister Scott Morrison said on Friday.
29 May 05:28 • Reuters • 8334514180205558563.htmlAustralia's 'war cabinet' shifts focus to jobs
Australia's "war cabinet" will meet every month to focus on bringing unemployment down after successfully slowing the spread of the novel ...
29 May 13:51 • CNA • 5644198864260411077.htmlGerman regulator examines stock trades by Wirecard CEO
29 May 00:00 • 2 articles
German regulator examines stock trades by Wirecard CEO
German regulator examines stock trades by Wirecard CEO
29 May 00:00 • Investing.com • 5710361974467534840.htmlGerman regulator examines stock trades by Wirecard CEO
FRANKFURT (Reuters) - Germany’s market regulator said on Friday it was investigating whether Markus Braun, the CEO of payments firm Wirecard, had violated insider-trading rules by buying stock during the quiet period before publication of its annual report.
29 May 13:45 • Reuters • 8334514180198992311.htmlGDP growth in 2019-20 slows to 11-year low of 4.2%, Jan-Mar growth dips to 3.1%
29 May 13:08 • 2 articles
GDP growth in 2019-20 slows to 11-year low of 4.2%, Jan-Mar growth dips to 3.1%
In 2019-20, the Indian economy grew by 4.2% against 6.1% growth rate in 2018-19.
29 May 13:08 • DNA India • 7533428661811494979.htmlGDP growth slows to a 11-year low of 4.2%, Q4 slumps to 3.1%
In 2019-20, the Indian economy grew by 4.2% against 6.1% expansion in 2018-19.
29 May 13:27 • The Hindu • 6679535025305301562.htmlBitcoin Could Hit $11,000 in June 2020; Here’s Why
29 May 13:12 • 2 articles
Bitcoin Could Hit $11,000 in June 2020; Here’s Why
Bitcoin is correcting lower in the final week of May but its likelihood of retesting levels above $11,000 is growing higher next month.
29 May 13:12 • NewsBTC • 7232133509684588591.htmlBitcoin Sells Off At $9.5K Ahead of Trump’s China Response; What’s Next
Bitcoin traded lower on Friday as traders refrained from taking more significant risks amid escalating geopolitical tensions between the U.S. and China.
29 May 11:00 • NewsBTC • 7232133510942686038.htmlLagos BRT increases fares by 50%
29 May 06:05 • 2 articles
Lagos BRT increases fares by 50%
Samson Folarin Due to the impact of the COVID-19 pandemic, Primero Transport Services Limited, operators of the Bus Rapid Transport, have said fares will increase by about 50 per cent. The compan...
29 May 06:05 • Punch Newspapers • 3524240995106930164.htmlLagos BRT fares hike unnecessary, wicked —Commuters
Some commuters in Lagos State on Friday expressed dissatisfaction over the hike in fares by the Primero Transport Services Limited, operators of the Bus Rapid Transit in the state. The News Agen...
29 May 13:42 • Punch Newspapers • 3524240993992161450.htmlReopen Koyambedu market with safety regulations in place, traders’ associations say
29 May 08:57 • 2 articles
Reopen Koyambedu market with safety regulations in place, traders’ associations say
Traders say they are forced to sell vegetables at low costs to avoid wastage, as the new Thirumazhisai market has very little storage space
29 May 08:57 • The Hindu • 6679535025819966577.htmlReopen Koyambedu market, other shops, traders urge govt.
Association says alternative site affected business, farmers’ livelihood
29 May 13:26 • The Hindu • 6679535025661622683.htmlMultiChoice customers to purchase television items on Jumia
29 May 13:10 • 2 articles
MultiChoice customers to purchase television items on Jumia
Kampala, Uganda | JULIUS BUSINGE | MultiChoice Uganda customers can now access a range of items including decoders, dish, external antenna, remote control on the e-commerce website – Jumia, officials announced on May 29. Colin Asiimwe, the MultiChoice Uganda head of marketing said that the partnership between the two firms is timely in light of the …
29 May 13:10 • The Independent Uganda: • 5099025989120498957.htmlVivo Energy cleans up its fuel stations as private cars return on the road
Kampala, Uganda | Julius Businge | Vivo Energy Uganda, the distributor and marketer of Shell branded fuels and lubricants in Uganda embarked on a deep cleaning and sanitizing exercise at its Shell service stations countrywide in preparation for the resumption of vehicle traffic on the roads. The company said on May 25 that the move followed …
29 May 04:30 • The Independent Uganda: • 5099025990631891933.htmlHow This Week Highlights the Challenges Facing General Electric Stock
29 May 13:44 • 2 articles
How This Week Highlights the Challenges Facing General Electric Stock
GE stock hasn't gotten off the mat, even as peers have rallied. This week shows why investors are skeptical — and how GE isn't what it was.
29 May 13:44 • InvestorPlace • 24614509308095101.htmlGeneral Electric (GE) Presents at Bernstein 36th Annual Strategic Decisions Virtual Conference (Transcript)
General Electric Company (NYSE:GE) Bernstein 36th Annual Strategic Decisions Virtual Conference Call May 28, 2020 10:00 A.M. ET Company Participants Larry Culp
29 May 04:27 • Seeking Alpha • 5725634557509236452.htmlSpaceX Starship Launch Insurance Requirement Jumps To $198 Million
29 May 13:54 • 2 articles
SpaceX Starship Launch Insurance Requirement Jumps To $198 Million
Aerospace manufacturer SpaceX was granted a license for suborbital flights by the FAA yesterday, which included new insurance costs.
29 May 13:54 • Wccftech • 3677959679283942906.htmlSpaceX Starship test vehicle explodes moments after test-firing
A full-size prototype of SpaceX’s Starship violently exploded in South Texas moments after a test-firing of its Raptor engine Friday, dealing a setback to the company’s next-generation reusable rocket program.
29 May 00:00 • Spaceflightnow • 836874142799998930.html3 Natural Gas Stocks for a Cleaner Future
29 May 13:08 • 2 articles
3 Natural Gas Stocks for a Cleaner Future
Strong demand for natural gas is likely from emerging markets in the coming decade. This will trigger growth and value creation for natural gas stocks.
29 May 13:08 • InvestorPlace • 24614509155648983.htmlSouthwestern Energy: Bullish On Gas Prices, But Clarity On 2021 Hedges Needed
The natural gas markets are poised to rally substantially, as production is declining, while the summer is expected to be abnormally warm. SWN follows a rolling
29 May 06:03 • Seeking Alpha • 5725634557612117206.htmlSiemens wins compression contract for Golden Pass LNG export project
29 May 07:52 • 2 articles
Siemens wins compression contract for Golden Pass LNG export project
Boil-off gas compressor (Source: Siemens) Siemens Gas and Power GmbH & Co. KG (Erlangen, Germany) was awarded a contract from CCZ JV — a joint venture
29 May 07:52 • Chemical Engineering • 9204118373067319756.htmlThe world’s first integrated power-to-X-to-power hydrogen gas turbine demonstrator
With the HyflexPower project, a consortium — made up of Engie Solutions (Paris, France), Siemens Gas and Power GmbH & Co. KG (Munich, Germany), Centrax
29 May 13:13 • Chemical Engineering • 9204118374868701937.htmlWage cuts, even symbolic ones, aren't going to help anybody
29 May 13:20 • 2 articles
Wage cuts, even symbolic ones, aren't going to help anybody
An economic recovery needs to be built on the back of real jobs and real economic activity, not on cheap political wins from wage cuts and freezes.
29 May 13:20 • Brisbane Times • 2314609339242466455.htmlWage cuts, even symbolic ones, aren't going to help anybody
An economic recovery needs to be built on the back of real jobs and real economic activity, not on cheap political wins from wage cuts and freezes.
29 May 13:20 • WAtoday • 6806590899688656023.htmlUK plans new 5G club of 10 democracies, including India: Report
29 May 13:45 • 2 articles
UK plans new 5G club of 10 democracies, including India: Report
A so-called 'D10' club of democratic partners, including G7 countries – UK, US, Italy, Germany, France, Japan and Canada – plus Australia, South Korea and India will aim to create alternative suppliers of 5G equipment and other technologies to avoid relying on China
29 May 13:45 • Livemint • 6614605817749459893.htmlUK plans new 5G club of 10 democracies, including India: Report
The move to speed up such a club comes as the UK launched an inquiry into Huawei's involvement in the country's mobile network upgrade in the wake of US sanctions against the company.
29 May 13:37 • The Economic Times • 7653256036439054144.htmlAnil Khanna defends decision, says can't authorise expenditure in absence of approval from president or secretary general
29 May 12:37 • 2 articles
Anil Khanna defends decision, says can't authorise expenditure in absence of approval from president or secretary general
Tokyo Olympics News: Indian Olympic Association's finance committee chairman Anil Khanna on Friday defended his decision not to give clearance for hotel bookings relating
29 May 12:37 • The Times of India • 6060938662968253716.htmlTokyo Olympics 2020: Anil Khanna defends decision to not give early clearance for hotel bookings, argues absence of president or SG
IOA President Narinder Batra had asked Khanna to furnish
29 May 13:45 • Firstpost • 4760741713486650796.htmlGoogle (NASDAQ: GOOGL) Terminates Thousands of Job Offers as It Continues to Battle a Plunge in Ad Revenue
29 May 13:53 • 2 articles
Google (NASDAQ: GOOGL) Terminates Thousands of Job Offers as It Continues to Battle a Plunge in Ad Revenue
Google has now canceled the job offers of thousands of temporary and contract workers as it continues to battle a decline in ad revenue
29 May 13:53 • Wccftech • 3677959677855535010.htmlGoogle Rescinds Offers To Thousands of Contract Workers
Google, facing an advertising slump caused by the pandemic, has rescinded offers to several thousand people who had agreed to work at the company as temporary and contract workers. From a report: "We're slowing our pace of hiring and investment, and are not bringing on as many new starters as we had...
29 May 02:05 • tech.slashdot.org • 8720761277124249631.htmlCane arrear reaches Rs 17,134 crore so far in 2019-20 season: Centre
29 May 00:00 • 2 articles
Cane arrear reaches Rs 17,134 crore so far in 2019-20 season: Centre
Under the Sugarcane (Control) Order, 1966, sugar mills are required to make cane price payment to farmers within 14 days of supply of cane. If mills fail to make payment, they have to pay interest at the rate of 15 per cent per annum on amount due for the delayed period beyond 14 days.
29 May 00:00 • Moneycontrol • 1603024964005982595.htmlCane arrear reaches Rs 17,134 crore so far in 2019-20 season: Centre
India Business News: NEW DELHI: Cane dues to be paid by sugar mills to farmers have reached Rs 17,134 crore so far in the 2019-20 season that will end in September, accord.
29 May 13:48 • The Times of India • 6060938663596538516.htmlFriday’s small-cap stocks to watch
29 May 11:53 • 2 articles
Friday’s small-cap stocks to watch
Our roundup of Canadian small-caps making news and on the move today
29 May 11:53 • The Globe and Mail • 68426410700191826.htmlMarket movers: Stocks seeing action on Friday - and why
Laurentian down sharply after dividend cut; Canopy sinks on earnings
29 May 13:47 • The Globe and Mail • 68426411166762546.htmlSweden snubbed as Norway and Denmark open borders
29 May 13:54 • 2 articles
Sweden snubbed as Norway and Denmark open borders
Countries will remain closed to Swedish visitors because of its Covid-19 infection rate
29 May 13:54 • Ft • 707176889117199561.htmlNordics want to open borders but Sweden may be frozen out
Denmark, Finland and Norway mull whether to extend or relax regional travel restrictions, but their neighbor may not be included.
29 May 11:30 • POLITICO • 2584151347126981983.html