Economy 419
Norton Motorcycles faces financial trouble
Last-minute attempts to save the Norton appear to have failed as the brand has failed to secure the backing it needs to continue trading. Click for more.
Households saved Rs 11K per year due to increasing affordability of thalis: Survey
Eco Survey finds that cost of vegetarian thali reduced significantly since 2015-16 though the price rose in 2019.
TCG BDC: The Case Of The Unattractive High Yield
Sporting a high dividend yield of 12.40%, TCG BDC stock may be on many investors’ watch list.The company regularly pays dividends and repurchases shares every quarter, but funds for these activities a
Rev. Opambour owes me a taxi after I faked prophecy in his church – Prophet Paul
The leader of Ebenezer Worship Center Ebenezer Adarkwa Yiadom popularly known as Prophet One has been accused by a man of owing him a taxi after he
Trump will demand high price for UK trade deal, says former ambassador
Kim Darroch said it was ‘impossible’ that the US congress would ratify any trade deal by the end of the year.
Glasgow-based Smart Metering Systems to benefit from smart meter deadline extension
Glasgow-based Smart Metering Systems (SMS) said it now expected its work to be “more evenly spread” after the UK government pushed back the deadline for energy suppliers to install smart meters to 2024.
Stock markets fall
Canada's main stock index posted a triple-digit decline in late-morning trading as the heavyweight financial, energy and industrial sectors moved lower.
Assemble in India for world can raise export market by 6 per cent by 2030: Economic Survey
India must focus on a group of industries, referred to as “network products”, where production processes are globally fragmented and controlled by leading multi-national enterprises (MNEs) within thei
Pound Sterling Powers into Month-End Against Euro and Dollar
The British Pound heads into month end with momentum owing to a decision by the Bank of England to keep interest rates unchanged
Amazon sees sales hit €79.2bn as Prime memberships rise
The online retailer Amazon has reported a 21% increase in sales for the fourth quarter of last ye...
WhatsApp payments to be launched in several countries in next 6 months: Mark Zuckerberg
WhatsApp Pay started as a pilot programme in 2018 wherein a million Indian users participated. Overwhelmed by the response, Facebook is expanding the payments feature to more countries.
Nifty call: Go long on strong rally above 12,050 levels with fixed stop-loss
Nifty 50 February futures (12,025)Following a positive start, the Sensex and Nifty began to decline due to selling interest at higher levels. The Asian markets are displaying mixed cues; the Nikkei 22
Shareholder Capitalism Isn't Dead, It Just Changed Its Name to Stakeholder Capitalism
In our headlong search for what comes after shareholder capitalism, we have at long last discovered that stakeholder capitalism is still the same capitalism. And that's good news.
A few tips to boost sales of new cars
Levying road tax for five-year periods, making the registration process online, and ensuring dealerships sell spare parts across the counter and online are among steps that will help reduce the cost of ownership
Amazon blows past a $1 trillion valuation after topping analysts' earnings expectations (AMZN)
Amazon shares soared as much as 11% in early Friday trading, driving the company's market valuation above $1 trillion for the first time since J...
Six Nations: George Furbank set to start for England in Paris
Northampton full-back George Furbank is set to make his England debut against France in the Six Nations on Sunday.
SiteMinder-backed research reveals an increasingly tech-savvy independent hotelier on the rise
LONDON, UK – New research backed by SiteMinder reveals that today’s independent hoteliers have a greater awareness and appetite around technology when it comes to their marketing and distribution strategies. According to eHotelier’s Marketing & Distribution 2020 Journal, 68.4 percent of independent hotels already have a digital marketing strategy implemented for their business and a further 24.4 percent intend to implement their strategy over the coming year. Only 7.2 percent of independent hoteliers do not understand the relevance of a digital marketing
Burlescombe produce market "overwhelmed" by optimism and support
The new monthly produce market got underway at Burlescombe and Westleigh Community Hall on Sunday, January 26
GoDaddy buys local social content start-up
The world’s biggest Web host by market share purchases Cape Town-based Over, a social content start-up company.
Crisil upgrades Jindal Steel's NCD ratings to positive on restart of plant
Upgrade reflects improvement in JSPL's business risk profile over medium term
Ginni Rometty to step down as IBM chief executive
Tech giant has struggled to grow as it moves into new fields like cloud computing and artificial intelligence
GBP/USD keeps the mixed outlook unaltered – UOB
Cable is expected to extend the broader consolidative mood amidst the prevailing mixed outlook, suggested FX Strategists at UOB Group. Key Quotes 24-h
Billionaire Lawrence Stroll takes stake in Aston Martin
Canadian billionaire Lawrence Stroll will take an up to 20 percent stake in Aston Martin for nearly 200 million pounds (US$$263 million) as the ailing carmaker raises funds after a sales drop put pressure on its finances, Reuters reports. Famed for being fictional secret agent James Bond’s car of choice, the 107-year-old company’s share price…
Video claims to show woman swiping $20 from 84-year-old inside Bronx store
A heartless crook swiped a $20 bill from an 84-year-old woman inside of a Bronx bodega last Friday, police said.
Economic Survey suggests widening scope of Make in India to create 4 crore jobs by 2025
This can be done by integrating “assemble in India for the world” into Make in India.
Coveney claims Brexit will 'dominate Irish politics' as UK prepares to leave the EU tonight
He also said there will be no discussions on a trade deal if there is not a ‘level playing field’.
EUR/USD: Extra gains seen above 1.1088 – Commerzbank
Karen Jones, Team Head FICC Technical Analysis Research at Commerzbank, noted the pair faces a tough hurdle in the vicinity of 1.1090. Key Quotes “EUR
Watch | How sustainable T-shirts from Tirupur are being used at Australian Open 2020
A video on how t-shirts from Tirupur are being used at Australian Open 2020
Years of red ink before Sargon's downfall
The holding company of high-powered fintech superannuation group Sargon Capital lost nearly $25 in the two years before it tumbled into receivership, and it is yet to file accounts for last financial year.
Vedanta implements resolution plan to bag Ferro Alloys via NCLT route
Company's foray into ferro alloy business to strengthen its steel business portfolio
Banking Association Reassures Lebanese their Deposits Are Safe
The head of the Association of Banks in Lebanon, Salim Sfeir, has made assurances that deposits are safe and that the temporary measures were only aimed at managing the current crisis. “Things will soon return to normal as the new government begins t
Economic Survey 2020 has a clear message for Nirmala Sitharaman
Growth in the current fiscal year would come in at 5 per cent, as per Economic Survey.
Public sector bank services hit as employees union go on 2-day strike
Bank strike: Services like cash deposit, withdrawal, cheque clearances, instrument issuance and loan disbursement of public sector banks are affected.
Marico slips 6%, hits 52-week low on disappointing December quarter results
In Q3FY20, consolidated revenue from operations declined 2 per cent YoY at Rs 1,824 crore.
NZD/USD Price Analysis: Slides to near 2-month lows, farther below 0.6500 level
The NZD/USD pair added to its recent losses and remained depressed for the sixth consecutive session on Friday, falling to near two-month lows during
Salesman 'left householder in tears' in row over cancelled order, court hears
A man in his 70s who had survived a heart bypass and prostate cancer was reduced to tears by an aggressive salesman from a home improvement company when he tried to cancel an order for a new conservatory roof, a court heard.
Huawei overtakes Apple to get 2nd place in CY 2019
Despite the challenges that they are facing, Huawei still seems to be doing well in terms of smartphone shipment and in 2019, they have slightly overtaken Apple to become the 2nd top brand. This is…
Link to buy Pepper European Servicing unit for up to €200m
Pepper Ireland unit manages €18bn of assets, including 60,000 residential mortgages
Economic Survey highlights: FY20 fiscal deficit target may need relaxation
GDP growth pegged at 6-6.5 per cent in financial year starting April 1, up from 5 per cent in current fisca
Bank Negara says sentiments in global financial markets positive in Dec
KUALA LUMPUR, Jan 31 — Sentiments in the global financial markets in December were positive amid prospects of easing global trade tensions, said Bank Negara Malaysia (BNM) today. The central bank said investor’s risk appetite improved following the announcement and subsequent signing of a phase...
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Corporation tax cut to benefit 1% firms, SMEs paying lower tax: Eco Survey
With economic slowdown resulting in slippages in direct and indirect tax collections, the Survey said the next financial year is expected to pose challenges on the fiscal front
Oh! GDP grew only 6.1% - not 6.8% - last fiscal, says MOSPI
GDP figures for financial year 2017-18 were also revised downwards to 7 per cent, from 7.17 per cent reported earlier
Fused entity to have enough cash to loan private players: PFC on REC merger
PFC and REC can separately lend up to 25 per cent of their net worth to a single borrower/ project, and lending to a group borrower could be 40 per cent, PFC informed the BSE
Luxury home prices in Manhattan have tumbled to their lowest level in years, and it proves that sellers are still struggling to offload prime real estate, Business Insider - Business Insider Singapore
Business Insider - The price threshold for Manhattan luxury homes fell to $3.8 million at the end of 2019 — the lowest it's been since 2013.. Read more at businessinsider.sg
'Not being used properly': MYOB, Xero look to invoice finance amid supply chain scrutiny
The industry built around speeding up payment times for small business looks set to grow.
Bank of Lithuania Looks into Central Bank Digital Currency
Bank of Lithuania may be the next entity to look into Central Bank Digital Currencies (CBDCs), after multiple banks worldwide have expressed interest. All
Apple is a top three PC vendor for enterprise, report claims
When it comes to corporate notebook purchasing, Macs are just as likely a choice as HP, with Dell still ahead, according to Changewave.
Economic Survey 2020: GDP Growth Projected At 6-6.5 Per Cent In FY21; Growth Resurgence From Second Half Of FY20
The Economic Survey 2019-20 was tabled by Finance Minister Nirmala Sitharaman in the parliament today (31 January). The survey projects the Indian Economy to grow at a rate of 6 to 6.5 per cent in the upcoming Financial Year 2020-21.
Understanding ‘Thalinomics’, or the economics of a plate of food in India
Analysing this data, the survey found that since 2015-16, there was a change in the dynamics of ‘thali’ prices.
Chesapeake Energy Bulls Are Asking the Wrong Question
From logical deduction, the environment must be pressured beyond belief. Thus, I can’t see CHK stock doing anything but eroding in the long run.
Perth energy firm SSE ‘on course’ to deliver targets
Perth-based energy giant SSE said it expected to meet its full year targets yesterday despite its renewable energy output falling 5% behind forecasts for the first nine months of the year.
Luxury home prices in Manhattan have tumbled to their lowest level in years, and it proves that sellers are still struggling to offload prime real estate
The price threshold for Manhattan luxury homes fell to $US3,816,835 in the fourth quarter of 2019, according to a report by the real-estate listing platform, StreetEasy.
Paradigm Chairman Sam Gores Denies Report of Possible Sale to CAA
"We are not for sale, nor are we selling the agency," Gores says in email to employees
USD/CAD eases from tops, still well bid near 200-DMA post-US/Canadian data
The USD/CAD pair trimmed a part of its early gains to seven-week tops, albeit still managed to hold with modest daily gains above the 1.3200 mark post
Budget 2020: Earn less than Rs 10 lakh? Here's what you can expect
Budget 2020: There have been talks about government levying 10% income tax on income above Rs 5 lakh to Rs 10 lakh and 20% for income above Rs 10 lakh to Rs 20 lakh
Non-cash payments under I-T Act: 7 electronic modes get CBDT nod
BHIM, UPI, debit/credit cardsand net banking make the cut
Aussie property values rise another 0.9% in January
CoreLogic’s dwelling price results have been released for January, which reveals another 0.9% increase in values over the month at the 5-city level, driven by more strong rises across Sydney (1.1%) and Melbourne (1.2%):
Overstock’s tZERO to Launch Broker Dealer in First Half of 2020
Overstock’s blockchain arm tZERO aims to launch a cryptocurrency market broker dealer service in the first half of 2020.
Treasury Wine Estates shareholders back company's US presence
Long-term Treasury Wine Estates shareholder Tribeca wants the company to maintain a presence in the US but would like to see its commercial business divested.
Boots 70 per cent off sale - what are the best bargains?
Better than half price bargains to be had - but be quick!
Apple Wants to Standardize SMS One -Time Passcodes Format for Enhanced Security
Apple's WebKit engineers have proposed a new standardized SMS One-Time Passcodes for enhanced security through two methods.
Amazon set to blow past a $1 trillion valuation after topping analysts’ earnings expectations
Amazon shares tore as much as 11% higher in early Friday trading, pushing the company’s market valuation above $1 trillion for the first time since July.
US: Annual core PCE Price Index ticked up to 1.6% in December as expected
Inflation in the United States, as measured by the Personal Consumption Expenditures (PCE) Price Index, rose 0.3% on a monthly basis in December follo
Bank strike paralyses work
Bank employees owing allegiance to various constituent unions of the United Forum of Bank Unions (UFBU) boycotted work in the erstwhile composite Khammam district on Friday, the first day of the two-d
Indiabulls to exit realty biz, merge with entity led by Embassy, Blackstone
In the past two years, IBREL has sold commercial assets to Blackstone for around Rs 12,250 crore
Luxury home prices in Manhattan have tumbled to their lowest level in years, and it proves that sellers are still struggling to offload prime real estate
The price threshold for Manhattan luxury homes fell to $3.8 million at the end of 2019 — the lowest it's been since 2013.
SAMA launches licenses for non-bank financial institutions
The SAMA has licensed the Saudi Digital Payments Company (STCPay) as an Electronic Wallet Company, and GEIDEA Technology Company as a payment services company following the success of the trial period in an experimental environment.
India's share in global commercial services exports up at 3.5 per cent
According to the economic survey tabled by finance minister Nirmala Sitaraman, the service sector acounts for 55 per cent of economic growth
As Emily Ratajkowski Promised, Her Inamorata Lingerie Line Is Sexy and Sweet
Emily Ratajkowski's line of sexy Inamorata bikinis just got a sweet counterpart in her new lingerie collection. She's already expanded her line into bodysuits
Apple Chipmaker Says Supply Not Affected By Coronavirus
One of Apple's chipmakers, TMSC, insists it is business as usual despite the coronavirus disrupting supply chains.
Canada: Real GDP edged up 0.1% in November vs. 0% expected
The real Gross Domestic Product (GDP) expanded by 0.1% on a monthly basis in November following October's 0.1% contraction, the data published by Stat
Lavender Economic Survey says growth has bottomed out, pegs GDP for FY21 at 6-6.5%
The pre-Budget Survey said for wealth to be distributed, it first has to be created and called for looking at wealth creators with respect.
Farmers stuck with pineapples as prices drop to Shs 700
agriculture
Ford Stock Is a Neutral Play in 2020
The automaker has an opportunity for growth in China but it’s got to deliver in a market not favoring light vehicles.
Amazon set to blow past a $1 trillion valuation after topping analysts' earnings expectations
Amazon shares tore as much as 11% higher in early Friday trading, pushing the company’s market valuation above $US1 trillion for the first time since July.
The Vendor’s Role In AP Automation Adoption
Hyland discusses the changing motivations behind accounts payable (AP) automation technologies' adoption, and the role of vendor collaboration in modernization.
Long queues return to banking halls, as customers avoid new ATM withdrawal limits
Customers of various banks now prefer to withdraw cash over the counter in the banking hall to using Automated Teller Machines (ATM).
What to look for in earnings season
The savage market reaction to a number of startling share downgrades this week is a reminder that hefty price gains may not reflect earnings prospects.
Fiscal deficit target may be relaxed to arrest declining growth: Economic Survey
The Medium Term Fiscal Policy (MTFP) statement presented with the Budget 2019-20, pegged the fiscal deficit target for 2019-20 at 3.3 per cent of gross domestic product (GDP), which was further expected to follow a gradual path of reduction and attain the targeted level of 3 per cent of GDP in 2020-21, and continue at the same level in 2021-22.
Citizen suffers as wilful defaults take toll on welfare schemes: Eco Survey
According to the Survey, promoters at the helm of defaulting firms pledge almost 50 per cent of their shareholding to lenders on average
DHFL account classified as ‘red-flagged’ by State Bank of India
State Bank of India has classified the Dewan Housing Finance Corporation Ltd (DHFL) account as a red-flagged account (RFA) and said it would scrutinise the home loan pools purchased from the trouble
3 Warren Buffett Picks That Most Investors Missed
Even many Buffett followers haven't picked up on some of these winners. Did you?
Security Token: MERJ Exchange to List Tokenized Offering of Collectible Cars
MERJ Exchange, the official stock exchange of Seychelles and a marketplace seeking to leverage digital security offerings, has partnered with Liechtenstein-base
CMA new boss talks tough against issuing profit warnings late
NAIROBI, Kenya, Jan 31 - The Acting Chief Executive of Capital Markets Authority Wycliffe Shamiah has warned companies listed on the Nairobi Securities Kenya breaking news | Kenya news today |
Katie Price is ‘focusing on rebuilding her empire’ rather than men
She's also changing her number for a fresh start.
SMSF trustees need simpler, cheaper regulation
Looking for straightforward advice and getting tied up in paperwork or high fees? Why it's time for change.
SBI invests $20m in core banking-API integration firm OpenLegacy
Japan's SBI Holdings has invested $20 million in OpenLegacy Technologies, an American software firm that smooths API integration of core banking systems.
Pro-business policy critical to achieve $5 trillion economy, says Economic Survey
The Economic Survey 2019-20 says India’s aspiration to become a $5 trillion economy depends critically on promoting “pro-business” policy that unleashes the power of competitive markets to generate
UK Bankers Would Like a Lie-In in the Mornings
People who make their money from other people losing theirs would like to be allowed to do so during more sociable hours, with those who ply trades on the UK's stock exchanges petitioning for a later start to their working days.
Budget 2020: Why focus on wealth creation is good news for Indian economy
The Economic Survey 2019-20 has managed to hit the bullseye by focusing on wealth creation. It now remains to be seen whether the government provides the tools and environment required for the same.
Shoe Zone to close town centre store
A budget shoe retailer is to pull out of a west Suffolk town after reporting a slump in profits last year.
Amazon set to blow past a $1 trillion valuation after topping analysts' earnings expectations, Business Insider - Business Insider Singapore
Business Insider - The company previously touted $1 trillion valuations in September 2018 and July 2019, though the milestones were quickly lost as shares tumbled.. Read more at businessinsider.sg
Racing Point F1 team renamed Aston Martin from 2021
The Racing Point F1 team will be rebranded Aston Martin from 2021, James Bond's favourite carmaker confirmed after securing a large cash injection to get back on track.
It's official: too much banking is bad for you
The "financialisation" of an economy can exacerbate inequality, and undermine stability.
ExxonMobil and Chevron report fourth-quarter earnings declines
US oil majors knocked by tighter margins, chemicals weakness and writedowns
Aviva stops investors from taking money out of Irish property funds
Investment vehicles have combined value of €940 million
Retail, residential sectors under reporting season spotlight
Performance of the retail and residential owners and developers will be under the spotlight in the upcoming earnings reporting season.
Vedanta profit rises 49% to Rs 2,348 cr in Q3 on the back of lower expenses
In a statement, the company said "attributable PAT (was) at Rs 2,348 crore, up 49 per cent y-o-y (year-on-year)"
GDP growth for FY19 revised downwards to 6.1% from 6.8% estimated earlier
"Real GDP or GDP at constant (2011-12) prices for the years 2018-19 and 2017-18 stand at Rs 139.81 trillion and Rs 131.75 trillion, respectively
Amazon sees face mask sales surge amid coronavirus fears
Packs of 50 disposable masks have been selling fast on the website.
Websites selling Primark online meaning you can avoid the queues
Despite there being no official online store there are online retailers selling its products
Dow plummets 600+ points in its worst day since August
The Dow Jones Industrial Average erased its year-to-date gains in the last day of January trading, tumbling more than 600 points on rising coron...
The pound rises as the UK bids goodbye to EU — but experts say to brace for an up to 7% drop if trade talks falter
The British pound is trading slightly higher as Britain gets ready to leave the European Union tonight.
Genesco: Relatively Cheap And Aggressively Shrinking The Share Count
Shares of Genesco have greatly trailed the market over the last 12 months in spite of strong EPS growth.Comps have been relatively solid across the company's various brands.However, EPS growth is prim
Staff share in €54m payout after US takeover of Decawave
Chipmaker gives new owner access to fast-growing market for Irish group’s technology
Cut in housing prices can clean up banks' balance sheets: Economic Survey
Pitching for correction in property prices, the survey said that housing prices are ruling at a high level, even as the growth in rates has been muted since 2015-16
Hong Kong-based Digital Asset Exchange Bitfinex Introduces Margin Trading for Tether’s New Gold-backed Stablecoin
Hong Kong-based digital asset exchange Bitfinex has introduced margin trading for Tether gold (XAU₮). Beginning on January 30, 2020, the exchange has confi
Amazon's Q4 revenue takes a 300 bps hit due to Diwali timing, Japanese tax
Firms says large part of impact was felt as Diwali season moved more into third quarter, boosting Q3 sales at the cost of Q4
The EMI waiver is here
In these difficult times for real estate and home loan segment, banks and housing finance companies (HFIs) have found a new method to attract borrowers – home loans with EMI waivers. It does not mean
Domestic milk intake down 5.7% in December
Domestic milk intake by creameries and pasteurisers was estimated at 243.8 million litres for December 2019, according to the CSO.
Gold futures fall Rs 319 to Rs 40,656 per 10 gm
Gold prices on Friday fell by Rs 319 to Rs 40,656 per 10 gram in futures trade as participants cut down their positions in line with a weak trend overseas. On the Multi Commodity Exchange, gold
A Much Better Alternative To Dollar-Cost Averaging
Warren Buffett himself seems to like the dollar-cost average approach to investing in stocks, but I am skeptical.Today, I test a simple alternative to DCA that has produced higher absolute returns and
Trade body at variance with ISMA over sugar production estimate
All India Sugar Trade Association sees sugar output falling to 27 million tonnes; This is higher than ISMA's estimate of 26 million tonnes for 2019-20
Economic Survey 2020: FTAs have been beneficial, insecurities over trade deals misplaced
Last year, India backed out of the proposed free trade agreement under RCEP that comprises 16 countries in the larger South East Asian region after some of its key concerns were not addressed
Altria's Profit Just Got Vaporized
Controversy surrounding the e-cigarette industry is costing the tobacco giant billions of dollars.
Household lending grows for third consecutive year - Central Bank
Home lending drove growth in the figures but private sector lending fell
The Tax Break the IRS Is Begging You to Take
Millions of taxpayers are eligible but choose not to claim the thousands of dollars this tax credit offers.
Animal Crossing: New Horizons Joy-Con And Switch Dock To Be Sold Separately In Japan
Fingers crossed for a western release
Six Deals You Need To Know About In Australia Today
Everyone loves a good deal and no one understands that better than the writers here at Lifehacker. To get you started today, here are some online sales worth emptying your digital wallets for, including cheap laptops, electric scooters, portable aircons and more....
10 things you need to know before the opening bell, Business Insider - Business Insider Singapore
Business Insider - This is what traders are talking about.. Read more at businessinsider.sg
3 Big Things Today, January 31, 2020
Corn and soybean futures were little changed amid concerns about the coronavirus.
Suffolk mum to open new high street shop
A brand new eco friendly shop is set to open its doors in a Suffolk market town next month.
Don’t have a cow: the simple, sustainable guide to making your own oat milk
Non-dairy milks have never been more popular. Here’s how to make them from oats, nuts and seeds – saving money as well as the planet
Charli D'Amelio Stars in Sabra Super Bowl 2020 Commercial - Watch!
Charli D’Amelio is starring in her first commercial!
This Industrial Giant Is Giving Up and That's a Good Thing
After years of trying to turn things around, it's finally time to say goodbye to a struggling sector.
Is this the most expensive bottle of liqueur in the world?
Suffolk auctioneers are toasting what they believe may be a record price for a single bottle of liqueur.
Economic Survey: Why erosion of taxpayers’ money in PSBs is a much deeper issue
While the Economic Survey helps in quantifying the loss, it fails to point out the graver issues at hand
National Statistical Office revises growth down to 6.1% for 2018-19
“Real GDP or GDP at constant (2011-12) prices for the years 2018-19 and 2017-18 stand at ₹139.81 lakh crore and ₹131.75 lakh crore, respectively.”
The pound rises as the UK bids goodbye to EU — but experts say to brace for an up to 7% drop if trade talks falter
The British pound is trading slightly higher as Britain gets ready to leave the European Union tonight.
Canadian billionaire Lawrence Stroll leads group buying stake in Aston Martin
Stroll will become the iconic car company’s executive chairman; consortium, which also includes André Desmarais, will initially buy a 16.7 per cent interest with plans to raise that to 20 per cent
Morrisons could be moving to redundant car dealership site
The John Grose Ford dealership in Framlingham is set to shut up shop today - as rumours circulate that Morrisons could be taking over the site.
USD/JPY pares early gains, turns flat below 109 ahead of US data
The USD/JPY pair struggles to make a meaningful recovery on Friday as investors continue to stay close to safe-haven assets such as the JPY amid heigh
Woman wins appeal over family home possession order
Heather Cody alleges mortgage fraud against her husband and Bank of Ireland
Fiscal deficit hits 132% of estimate till Dec on slow revenue collection
The government aims to restrict the gap at 3.3 per cent of the GDP or Rs 7,03,760 crore in the year ending March 2020
World Bank calls for stronger tax collection to bring 115 million Indonesians into middle class
World Bank acting country director for Indonesia Rolande Pryce said the government’s plan to relax corporate income tax, among other things, would reduce the tax-to-GDP ratio by 0.5 percent. Indonesia’s tax to GDP ratio stands at 10.7 percent in 2017, the lowest among regional peers.
Bitcoin Actually Declines Off of Political Uncertainty, Bombshell Study Finds
It might not be a good idea to purchase bitcoin as an insurance asset against this year's nailbiting US presidential election. That is according to a new
As Trade Tensions Ebb and Chip Prices Recover MU Stock Is a Buy
After being battered by market forces and a trade war for over a year, Micron is positioned for growth, and that should propel MU stock.
It Grows
Evil had a great holiday season: Amazon now has over 150 million Prime subscribers, the company announced in Q4 2019 numbers released on Thursday. The massive growth numbers sent the company’s market cap surging to over $1 trillion (£761 billion) and made CEO Jeff Bezos an estimated $13.2 billion (£9 billion) in a matter of minutes.
Infor strikes cost-saving partnership with Wellington-Altus
The partnership is a return to a full-service approach that’s worked in the past for founders of both Wellington-Altus and Infor, who came from large investment banks with significant wealth-management divisions
Warren Buffett's big Amazon investment is finally paying off, 8 months after he lamented not buying sooner (AMZN, BRKA)
Warren Buffett spent years watching Amazon soar from the sidelines, before his holding company Berkshire Hathaway started purchasing shares earl...
Do You Possess the Personality Traits of a Diehard Entrepreneur? A Decade of Research Will Tell You
Researchers agree. Entrepreneurial personality types have these 7 qualities in common. Can you relate?
ABN Amro signs cloud and DevOps deals with Indian vendors Infosys and TCS
Infosys has signed a multi-year, multi-million euro contract with ABN Amro Bank to accelerate its cloud and DevOps transformation journey. The Dutch bank has also signed a separate cloud migration and DevOps deal with fellow Indian vendor Tata Consultancy Services.
Sensex drops 190 points; Nifty ends below 12K
All eyes have now turned to the Union Budget, scheduled to be presented on Saturday.
These 3 Numbers Explain Why Amazon Is Dominating Everything Right Now
Amazon's best-ever quarter is about these three things.
India forecasts faster economic growth, warns of fiscal challenge
The government estimates GDP will grow 5% this fiscal year, which ends on March 31. That would be the slowest growth since the global financial crisis of 2008-09
There's a bookshop in Canada where kittens up for adoption roam free
Take me to Canada.
Economic survey: Slowdown bottomed out, uptick from here onwards, says CEA
The Economic Survey 2019-20, prepared by a team lead by Subramanian, has projected the GDP to expand in the range of 6-6.5 per cent during 2020-21
Economic Survey 2020 to give roadmap for $5 tn economy
Coming at a time when India's nominal economic growth, not adjusted for inflation, has been the worst in 42 years, the Economic Survey, to be presented in parliament by around 12.30 pm, is hugely
Nexus guarantees European prices ahead of Brexit
Nexus Collections is freezing all prices ahead of the UK leaving Europe on 31st January, 2020. Any potential increased costs in terms of products, delivery or overhead that are a direct result of Brexit will be absorbed by Nexus Collections, a leading supplier of conference bags and conferences supplies. As a leading provider of conference supplies, such as bags and promotional items, including sustainable goods, Nexus Collections sources products from a number of destinations and delivers them to countries all over
Mahindra Electric launches new brand identity
Mahindra has introduced two different brands within the company for electric mobility - ME, which will offer the company's vehicles and hardware solutions, and NEMO will offer software solutions.
How to remove a big obstacle to buying a house: debt
It’s not impossible to buy a house if you’re in debt, it’s just more challenging. Here are some steps to take.
Eco Survey has right vibes; will Budget reflect same thinking, asks D-Street
Here is what economists and analyst read into the fine prints of the survey.
Macy's tech workers are afraid of losing their jobs as office closings remain unclear
A spokesperson for Macy's told Business Insider that it plans to share details of its three-year strategic plan at an investor day in early February.
Let’s talk shopping; At the Go Glam Shopping exhibition in Coimbatore
Entrepreneurs from the region make a good show at the ongoing Go Glam Shopping exhibition
Johnson & Johnson ordered to pay US$344 million over pelvic mesh claims
A US judge on Thursday ordered Johnson & Johnson to pay $344 million for false and deceptive marketing of pelvic mesh products used by tens of ...
Barneys in Legal Battle With Ex-Employees Over Severance Claims
The company calling them "improperly classified claims."
Triodos Bank CEO: 'Bankers should be eco-warriors'
Presenting at the Bristol Distinguished Address Series, Dr Bevis Watts, chief executive of Triodos Bank UK spoke on the essential role banking must play in driving action on climate change.
USD/CNH now eyes the 7.04 area – UOB
Following the recent price action, FX Strategists at UOB now see USD/CNH attempting a move to the 7.04 region in the next weeks. Key Quotes 24-hour vi
Cutting down waste: Jakarta's traditional markets to drop single-use plastic bags by July
As an alternative, vendors are expected to educate and provide their customers with ecofriendly bags.
Big corporates opt for WeWork shared office tenancy
The economic downturn and a trend towards flexible office environments see WeWork become home to large enterprises, says WeWork SA GM Stafford Masie.
BT to charge customers for unreturned routers
BT says changes will improve sustainability and bottom line
Need to address key challenges in farm sector for doubling farmers' income: Survey
Issues such as investment in agriculture, water conservation, improved yields through better farming practices, access to market, availability of institutional credit, increasing the linkages between agricultural and non-agricultural sectors need urgent attention, it said.
Final call to apply for CiTi’s Women in Business programme
Today’s the deadline to apply for CiTi's upskilling programme for female entrepreneurs in the Western Cape.
Global smartphone sales of 2019 revealed, with Apple taking top spot in Q4 2019
With 2019 over, it was only a matter of time before analysts shared the big numbers for 2019. Research organisations have provided a few interesting facts to chew on, such as how Samsung still holds the largest smartphone market share, Huawei overtaking Apple for the overall second spot, and Apple managing to snag a top spot for Q4 2019.
Economic Survey: Need to address challenges in farm sector to double income
The food processing sector is growing at an average annual growth rate of more than 5 per cent over the last six years ended 2017-18, it added
Nintendo CEO says no new Switch model this year
The Kyoto-based company has long been rumoured to be preparing an upgraded version of the hybrid home-portable Switch as it nears the end of its third year in the market.
Rockwell Automation Puts Up A Decent Quarter In A Challenging Macro Environment
Rockwell did miss at the segment profit line, but revenue was better than expected and full-year guidance was maintained.Rockwell's digital efforts seem to be gaining some traction, and it looks like
What the Last Decade tells us About the Increased Need for Enterprise Security
Enterprise security is changing, particularly in the collaboration space, writes Wire's CEO Morten Brøgger. With the average employee less able to...
It Grows
Evil had a great holiday season: Amazon now has over 150 million Prime subscribers, the company announced in Q4 2019 numbers released on Thursday. The massive growth numbers sent the company’s market cap surging to over $US1 ($1) trillion and made CEO Jeff Bezos an estimated $US13.2 ($20) billion in a matter of...
India must focus on network products to export like China: Economic Survey
Among the major Asian countries, India and Indonesia are the only ones with a trade deficit in such products
WhatsApp Payments coming to more countries in coming six months: Zuckerberg
WhatsApp Payments could be coming soon to more countries in the next six months, is what Facebook CEO Mark Zuckerberg revealed. But there's no clarity on when India will get WhatsApp Payments.
Companies' Sensex tenure pared by 80% post liberalisation: Economic Survey
Higher dynamism has helped the emergence of new firms which have challenged the old order, survey notes
The Flippening: Stablecoins’ Transfer Value On The Ethereum Network Just Surpassed ETH
Stablecoins now have a larger share of value transferred on the Ethereum network than its native cryptocurrency – ETH. Even though the continuously
Swiping their way higher: Visa, Mastercard could be the next US$1 trillion companies
Tech and internet titans were the first to reach US$1 trillion in stock market value, but the next U.S. companies that could do so are better ...
Canada's first P2P consumer lender preps launch
Canadian regulators have given the greenlight for the country's first peer-to-peer lending platform for consumer loans.
Save Big On Smart Home Products In This One-Day Sale
In Amazon's Gold Box Deal of the Day today, it has put a number of smart home products on sale. Allowing you to save big - we're talking up to 40% off of
Upmarket Mistake: Mercedes-Benz X-Class Ends Production in May
After a short and troubled life, a Mercedes-Benz pickup that's mostly a Nissan will cease to exist come May.
Credit rating agency S&P expected to keep Turkey's outlook unchanged
The U.S.-based international credit rating agency Standard & Poor's S&P is expected to keep Turkey's credit ratings and the overall outlook...
Let Waddle Dee Have An Apple, You Monsters
Waddle Dee is very expressive for a creature with no mouth.
Amazon's Jeff Bezos, already the wealthiest person on the planet, just got billions richer
Jeff Bezos, the world's richest person, got billions richer in minutes Thursday as Amazon shares soared in extended trading on news of a killer quarter driven by strong holiday sales.
Coinmetrics Study Unveils Shocking Tether (USDT) Fact
The team at Coinmetrics has just released their latest findings on Tether, and its new all-time high velocity is not the only interesting thing they've
Bitcoin Will Be $8 Trillion Economy by 2030, Top Wealth Manager Explains Why
Bitcoin could become an $8 trillion asset by 2030, according to Andy Edstrom of California-based WESCAP Group. The wealth manager said the cryptocurrency
Louis Vuitton Is Opening a Japanese Restaurant Inside This Store
The menu will be curated by renowned chef Yosuke Suga.
Fidelity Bank reports a 28.5% increase in profit for FY 2019
Earlier today, Fidelity Bank Plc announced its unaudited financial reports for the period ended December 31st, 2019.
Unclaimed dividends increase from N103b to N130b in 2019, returns to public companies ─SEC
Registrars of public companies in Nigeria have returned all unclaimed dividends, which have been in their custody for 15 months and SEC
Economic Survey 2020 calls for better efficiency at public sector banks
For FY19, PSBs had made a collective loss of Rs 66,000.
The eight best car dealerships in Derby according to Google reviews
Fancy a new motor?
A positive, but cautious outlook for M&A activity in 2020
After recent surges in activity in 2018 and 2019, New Zealand’s M&A activity is expected to slow down in 2020, with processes taking longer, and some deals failing to complete.
Turkey's 2-year benchmark bond yield drops to single digits
The two-year benchmark bond yield has fallen to single digits for the first time since November 2016
WTI drops below $52.00 and challenges 2020 lows
Prices of the barrel of WTI are losing further ground at the end of the week and are trading at shouting distance from yearly lows in sub-$52.00 level
Economic Survey: Wilful defaulters owe Rs 1.4 trillion to lenders
The Economic Survey, tabled in the parliament on Friday, has revealed that the wilful defaulters owe a whopping sum Rs 1.4 lakh crore. As of 2018, wilful defaulters owed their respective lenders
Non-food credit growth slides to 7% in Dec 19 from 12.8% a year ago
All four categories - agriculture, industry, services and retail - segments showed deceleration in credit growth
Steel & Tube expecting large first half loss
One of the the country's largest steel manufacturers says adverse trading conditions will result in a large first half loss. Steel & Tube warned in November that its first half result would be less than last year's profit, but conditions were worse than expected, further impacting sales revenue and volumes. It was now forecasting a loss in underlying EBIT (earnings before interest and tax) of between $36 million and $37m in the six months to December, compared with a $9.8m underlying profit the year earlier. The result included non-cash charges of $37m related to a write-down in the company's goodwill, as well as $2m in restructuring costs and $2m in debt write-offs. The bottom line would be further affected by another $2m to $3m charge resulting from changes in tax accounting.
I would have classified the banks into three Tiers - Mahama
news, story, article
Global thermal coal prices to fall following coronavirus outburst in China
Thermal coal imports into China are also likely to slow for a time. Already there are reports of Indonesian coal producers being asked to delay loadings. As the largest supplier of coal to China, Indonesia has the most to lose if the situation worsens and electricity demand weakens.
Slowdown bottomed out, GDP expected to grow at 6.5 per cent: Chief Economic Adviser
The Economic Survey has projected the GDP to expand by 6-6.5 per cent
Canada’s economy bucks forecasts, posts surprise gain
Statistics Canada says GDP grew by 0.1 per cent in November despite impact of rail strike, pipeline disruption; economists had expected no increase for the month
Aldi hack will change how you pack your shopping forever
It could be a lifesaver
Buy Now, Pay Later Platform Klarna Launches In Australia, Takes Swipe At Afterpay
There's another service that lets you buy products and pay for them later. Klarna launched on Thursday in Australia in partnership with the Commonwealth Bank – and it's not shy in telling retailers why they should adopt it rather than Afterpay....
Corporate tax cut to mostly benefit less than 1 pc of companies: Survey
The corporate tax cut announced by FM last Sept will benefit less than 1 pc of firms, as per Economic Survey.
CBOT Trends - Corn, soybeans, wheat steady-down 2 cents per bushel
CHICAGO, Jan 31 (Reuters) - Following are U.S. trade expectations for the opening of grain and soy complex trading at the Chicago Board of Trade (CBOT) at 8:30 a.m. CST (1430 GMT) on Friday.WHEAT - Steady to down 2 cents per bushel* Wheat futures mostly lower on risk-off trading ahead of the weekend.* Most-active CBOT March soft red winter wheat futures contract hit resistance at its 20-day moving average during overnight trading session. Consolidation was noted at the 30-day moving average.
China banks borrow from SARS playbook in preparation for market reopening
SHANGHAI: Chinese financial firms will deploy measures used during the SARS outbreak nearly two decades ago to combat the new virus when markets ...
Shell and TransDiesel to Partner in NZ
31 January 2020
Wall Street opens in red as coronavirus headlines continue to dominate
Wall Street's n indexes started the last day of January in the negative territory as investors continue to react to heightened concerns over the coron
A little-known trucking company surges nearly 58% after Volkswagen makes a surprise offer to buy
Hardly a household name, truck manufacturer Navistar’s stock rose to sudden popularity Thursday, continuing into Friday’s pre-market trading. Shares surged as much as 57.7% Friday after Volkswagen’s trucking arm, Traton, made an unsolicited offer to buy the company for $US2.9 billion, or $US35 per share, Thursday. Volkswagen, which already owns a 16.76% stake in Navistar, said it would pay entirely in cash. The two companies are some of the biggest in the truck-making industry. But to make the acquisition, Volkswagen will have to get the blessing of activist investor Carl Icahn: The billionaire’s fund owns about 17% of Navistar’s outstanding stock, making Icahn Navistar’s single largest shareholder. The offer comes at a time when the broader trucking manufacturing industry is in a slump, with new orders in decline, The Wall Street Journal previously reported. In its most recent earnings, Navistar’s fourth quarter revenue declined versus the year prior. The stock started the year sliding downwards after it trailed…
ITC Q3 net profit rises 29% to Rs 4,047.87 cr; net sales up 5.71%
The company had posted a net profit of Rs 3,136.95 crore in the October-December quarter of the previous fiscal
Chevron posts steepest loss in a decade after gas writedown
Chevron Corp. posted its biggest loss in a decade after it wrote down the value of North American natural gas fields and returns plunged from overseas refining and oil production.
Lexus ES prices down by Rs 8.05 lakh
Lexus has begun local assembly in India, which has led to prices of the ES sedan to drop. Click here for all the details.
Did Walmart Waste $3.3 Billion on Jet.com?
The e-commerce site is a shell of what it was when the retailer purchased it.
Aston Martin director explains why they will become a constructor in 2021
Following the announcement this morning Racing Point will be rebranded, Aston Martin CEO Andy Palmer has explained why the carmaker wants to become a constructor and a works team in Formula 1.
Vedanta Q3 PBT at Rs 3,806 cr, up 9.4% on lower costs, exceptional gain
Sales down 10% to Rs 21,126 cr mainly due to lower commodity prices, muted volumes in zinc, oil & gas and copper
Earnings Look Good Enough for PayPal Stock
PayPal stock is down modestly after its Q4 report, due to perceptions that its guidance was soft. But its guidance actually looks solid.
Demi Rose Ditches Her Swimwear And Barely There Bikini For A Fully Covered Avatar
Model Demi Rose in her latest Instagram post, ditching her swimwear, opted for a fully covered avatar. Shooting for a fashion brand, Demi wore a mustard yellow floral flowy gown with a thigh-high slit covering her curves, but still having her cleavage on display
Guide: Animal Crossing: New Horizons - Every Character Confirmed So Far
K.K. Slider returns, but what about Jack and Jingle?
Motorola celebrates selling 100 million Moto G phones by offering discounts
Motorola is celebrating reaching 100 million sales of the Moto G series, by offering a wide range of discounts and buy one get one free offers.
Economic Survey raises more questions than answers for pharma industry
Economic Survey 2019-20: The pharma industry is left in a fix after the Economic Survey 2020 came out today. Here's all you need to know
Cases Involving Rs 1.58 Lakh Crore Resolved By IBC Till December; Resolution Time Slashed By 340 Per Cent
The Insolvency and Bankruptcy Code (IBC) has resolved cases worth Rs 1.58 lakh crore till December 2019 and the resolution time for each case has reduced from 4.3 years to less that a year, the Economic Survey 2019-20 has noted [PDF].
Ukraine court puts freeze on Ferrexpo unit's shareholding – media
Ferrexpo's operations remain unaffected and continue as normal.
Play Casino Stocks with a Bearish Put on Las Vegas Sands
My indicators turned bearish last Friday, and I am recommending a bearish put option on Las Vegas Sands Corp. (NYSE:LVS).
Economic Survey 2020: How privatisation helps CPSEs unlock growth potential
Economic Survey 2020: The analysis showed that these privatised CPSEs, on an average, perform better post privatisation than their peers in terms of their net worth, net profit, return on assets
Aston Martin bailed out by Canadian F1 billionaire
Aston Martin has been rescued from collapse by a US$656 million bailout led by a Canadian Formula 1 billionaire.
Economic Survey 2020: Red-tape still strangles Indian manufacturing
Economic Survey 2020 updates: Ease of doing business in India seems like a far fetched dream as of now due to the huge number of licenses and approvals needed to run a business. Here's all you need to know
French Connection shares plummet after failure to secure buyer
The retailer saw shares slide by almost a third after it said it was set to post between £1 million and £2 million in losses for the year.
Japanese company NEC confirms 2016 security breach
NEC needed seven months to discover the hack, did not disclose it publicly.
Macy's is launching a new store concept that's masterminded by the woman behind buzzy concept store, Story
Macy's is in the process of hiring employees to work at its new store in the upscale town of Southlake, Texas.
Macy’s is launching a new store concept that’s masterminded by the woman behind buzzy concept store, Story
Macy’s is preparing to open a new retail concept in Texas.
Economic Survey 2020: Why wealth creation was picked as this year's theme
Economic Survey 2019-20: Elaborating on India's historical dominance on the global economy, the survey stressed on the importance of bringing an openness in the market that leads to wealth creation
Contraction in domestic revenue growth softened IT-BPM sector growth in FY19: Survey
Of the total $135.5 billion of exports of the IT-BPM sector in 2018-19, IT services accounted for 55%, and BPM and software products & engineering services for the remaining 45 per cent (with each accounting for almost half of the share). The survey termed the Indian IT-BPM industry as the flag-bearer of India's exports over the past two decades.
General Motors to revive Hummer as an electric off-road titan
Hummer had been killed off in 2010, though the nameplate will be brought under the GMC brand for an electric revival
Eco Survey flags disproportionate dwarfism of banks, calls to be efficient
The Economic Survey 2019-20 tabled in Parliament by Finance Minister Nirmala Sitharaman noted that despite nationalisation a significant portion of the poor remained unbanked till 2014
Tesco discounts toy Range Rover by a whopping £82 so shoppers can get it for just £27.50
Supermarket Tesco has slashed the cost of a toy Range Rover by 75%. The car is currently £27.50 instead of £110
The Return of the King: Jeff Bezos Tops World's Billionaires List After Amazon Sales Went up 21%
On Wednesday, the fortune of billionaire entrepreneur Elon Musk grew by $2.3 billion within an hour following an increase in the total market value of electric vehicle maker Tesla.
Red-Hot Uber Stock Might Just Prove Its Bull Case in 2020
At the start of 2020 Uber stock is looking pretty hot. Investors should keep a close eye on the name as the year unfolds.
French Connection shares plummet after failure to secure buyer
The retailer saw shares slide by almost a third after it said it was set to post between £1 million and £2 million in losses for the year.
General Motors to revive Hummer as an electric off-road titan
Hummer had been killed off in 2010, though the nameplate will be brought under the GMC brand for an electric revival
IBM-Backed Hyperledger Fabric Releases Version 2.0
Hyperledger Fabric had a major release with version 2.0, which significantly improves performance while adding some decentralization aspects for data sharing.
ET View: Economic Survey revives an old tale about Microsoft
Microsoft has come a long way since then and even became the worlds most valued company. The Survey does not hold out a happy story.
IBM Chief To Exit Role After Sluggish Growth
IBM CEO Ginni Rometty is stepping down after eight years in which the tech giant struggled to keep up with its competition. Arvind Krishna will be the new CEO.
USD/CHF drops below 0.9700 as markets remain risk-averse
The USD/CHF pair erased nearly 40 pips on Thursday and seems to be having a difficult time staging a recovery on Friday. After touching a daily high o
Macy's is launching a new store concept that's masterminded by the woman behind buzzy concept store, Story
Macy’s is preparing to open a new retail concept in Texas.
Turkish conglomerate Anadolu sells McDonald's franchising rights
Turkey's Anadolu Group Holding, one of the country's largest conglomerates, said Thursday that all shares of Anadolu Restaurant, which includes the Turkish...
Aston Martin Sells Part of Itself and Pivots to F1
Aston Martin is no longer cash-strapped and in peril, as car enthusiast billionaire Lawrence Stroll has smashed into the office and handed over £182m in return for him and his car-loving businessmates taking a 16.7 per cent ownership stake in the company. It's Dragon's Den for real.
Top headlines: Eco Survey 2019-20, Wipro's Abidali Neemuchwala steps down
Economic Survey for 2019-20 was tabled in Parliament on Friday and projected the country's gross domestic product (GDP) to grow between 6 - 6.5 per cent in financial 2020-21 (FY21)
Eco Survey flags 'disproportionate dwarfism' of Indian banks, calls upon PSBs to become efficient
Flagging 'disproportionate dwarfism' of banks, Economic Survey called upon PSBs to become efficient.
Church says sorry for saying sex was only for straight married couples
The archbishops of Canterbury and York have apologised for causing ‘division’ and ‘hurt’.
CFTC Chairman Heath P. Tarbert Wants US to Take the Lead in Adopting Cryptocurrencies and Blockchain Technology
Dr. Heath P. Tarbert, chairman and chief executive at the US Commodity Futures Trading Commission (CFTC), recently stated that he would like to see the United S
Eco Survey sees growth at 6.5% in FY21, calls for easing of deficit target
For the current fiscal, it projected a GDP growth of 5 per cent, the lowest in 11 years, and worsening job prospects
Sebi disposes of insider trading case against SpiceJet's former independent director
It had been alleged that he traded in SpiceJet while in possession of unpublished price information
Macy's is launching a new store concept that's masterminded by the woman behind buzzy concept store, Story, Business Insider - Business Insider Singapore
Business Insider - Macy's is in the process of hiring employees to work at its new store in the upscale town of Southlake, Texas.. Read more at businessinsider.sg
HUL reports 12.95% rise in consolidated net profit at Rs 1,631 cr
The company had posted a net profit of Rs 1,444 crore in the October-December period of the previous fiscal
Govt must support pro-business policies to be a $5-trn economy: Eco Survey
The survey said the exponential rise in India's GDP and GDP per capita post liberalisation coincides with wealth generation in the stock market
Fewer than 1 in 5 Employees Is Highly Engaged. Here's Why This is a Problem--and How to Fix It
In today's competitive hiring market, it's easier to keep your current employees engaged that to start the hiring process from scratch.
Eco Survey focuses on wealth creation, says PM
After the release of Economic Survey 2019-20, Prime Minister Narendra Modi took to his Twitter handle and said it focuses on wealth-creation for 130 crore Indians. It outlines a multi-faceted strategy to achieve a $5 trillion economy through enterprise, exports, ease of doing business and more.
Binance Futures Launches Cardano (ADA) Perpetual Contracts with 75x Leverage
In a blog post published on January 30, 2020, cryptocurrency trading platform Binance announced that it will launch ADA/USDT perpetual contract with up to 75x leverage.
Laura Ashley chief executive steps down after eight years
Retailer Laura Ashley said today its chief executive Kwan Cheong Ng is stepping down after eight years in the role. [...]
This weekend only, you can get cups of Pick 'n' Mix from Wilko for just £1
Weekend plans sorted.
Nintendo Shares Plummet After Mixed Earnings, Plans for New Switch Axed
Nintendo was down nearly 5% after it reported earnings, and the worst is likely yet to come.
Krachi East Assembly urged to complete abandoned market project
news, story, article
Reports conflict over most recent bailout of Apple supplier Japan Display
Apple supplier Japan Display has denied having signed a deal worth 100.8 billion yen ($925M), after its shares were suspended over reports.
‘Need For Wealth Creation’: Lessons From Thirukkural, Arthashastra And Ten New Ideas In Economic Survey 2020
‘Since the wealth cannot be distributed unless created, the wealth creators are India’s wealth’
Luxury brand sales on Las Vegas Strip driven by tourists, millennials
Luxury labels are itching to grow their retail presence in Las Vegas as big spenders among tourists and millennials propel the luxury retail market.
Economic Survey advocates further ‘economic freedom’
While it does makes a case for further reform, it falls short on prescriptions and sector-specific insights
Budget 2020: How FM Nirmala Sitharaman's fiscal deficit math is likely to move Sensex, Nifty on Feb 1
Budget 2020: An increase in fiscal deficit target in view of the ongoing economic slowdown may not negatively impact the market since elevated level of expenditure is expected to result in higher demand in Indian economy
Samsung’s plan for 2020? Release even more high-end phones
Samsung believes foldable and "premium" products will lead the way in 2020 - helping the company to peform better commercially.
What could change in this year’s budget?
Each year the Union Budget is watched keenly and the salaried middle class hope for relief from income tax. Furquan Moharkan takes a look at five things that Finance Minister Nirmala Sitharaman could change in this year’s budget.
This pilot influencer is giving her more than 500,000 Instagram followers an inside look at the world of aviation
Maria Fagerström is a pilot and Instagram influencer from Sweden who shares her exciting life with her more than 500,000 followers.
Enbridge faces regulators in Canada, U.S. over plans to expand oil pipeline network
Enbridge faces off with regulators in Minnesota over Line 3 just as it grapples with complaints over changes to overhaul its Mainline
Crisis-hit Thyssenkrupp mulls sale of elevators units worth 15 billion euro
According to the Financial Times, Thyssenkrupp has attracted at least four bids for its crown jewel, including from Finnish lift maker Kone
Red Sox are ‘deep in talks’ with Dodgers for Mookie Betts trade
Mookie Betts is going, going, and might soon be gone. The Red Sox “are deep into talks” with the Dodgers about a trade for the 2018 AL MVP, ESPN reported Thursday. The clubs are discussing
Awake NY & Double Goose Link for Vibrant Teal Straight Bomber
Reenvisioning the hip-hop staple.
Economic Survey: India skids on ranking for protecting minority shareholders
The economic survey also patted the back of the government, stating that implementation of Goods and Services Tax (GST) has helped India in improving the ease of doing business.
The Hummer is being revived as an electric 'supertruck' that can hit 60mph in 3 seconds
Truckin' hell
Earn up to 100,000 miles on these new limited-time offers from Delta
Delta has just launched a new limited-time offer on four of its consumer credit cards that can earn flyers up to 100,000 miles.
'Feel good' Budget may see cut in tax rate, sops for social sectors
To cushion the impact on collections, these tweaks might be accompanied by rationalisation in tax rebates
Govt should lean on growth instead of focusing on fiscal deficit: CEA
It is time to focus on growth and, therefore, cutting expenditure is not an option, probably because at a time like this, growth needs to be taken care of, he added
Gallup: Credit Unions Feel The Love
The notion that credit unions (CUs) play country mouse to their more worldly banking cousins is beyond flawed, as a recent poll by the Gallup organization showed. Delving into customer sentiments across measures – including "helps me reach my financial goals" and "puts my financial well-being ahead of the interests of the bank" – Gallup found that credit unions are crushing it. Banks, not nearly as much. Banks did not surpass credit unions in any criterion used by Gallup. In fact, it wasn't even close. Though respondents had generally positive feelings about banks – for example, about financial institutions (FIs) being helpful during difficult life events – the focus on relationship-building and more personalized forms of finance have given credit unions the edge. For those who capitalize on it, the advantage will come in handy as FIs shapeshift their way to greater customer-centricity. How CUs sustain their unique brand of customer loyalty is among the core insights from the latest
This pilot influencer is giving her more than 500,000 Instagram followers an inside look at the world of aviation, Business Insider - Business Insider Singapore
Business Insider - The pilot influencer offers a candid look at the perks and difficulties of life as a short haul pilot in Europe.. Read more at businessinsider.sg
US: Income growth is not what it used to be – Wells Fargo
Data released on Friday in the US showed that personal income rose 0.2% and spending 0.3% in December. Despite a tight labor market, year-over-year re
Budget 2020: Challenge for Indian Finance Minister is to Balance Growth, Fiscal Deficit
New Delhi (Sputnik): Amid the slowdown in the Indian economy, the government lowered its national income growth forecast from 7 percent to 5 percent for the current fiscal year. The Economic Survey tabled in Parliament on Friday pegged growth for 2020-21 at between 6 and 6.5 percent.
Miners Accumulating Ethereum at a Rapid Rate May Take ETH to Record High
The Ethereum (ETH) price could explode to record highs on the backs of an optimistic accumulation behavior. Data provided by cryptocurrency market
A Few Short-Term Challenges Don't Cancel Ingersoll-Rand's Strong HVAC Results
Ingersoll-Rand's fourth quarter results were not strong as reported, with a $0.06/share miss at the operating line, but underlying HVAC performance was very good.Thermo King is going through its cycli
Denmark’s Smart Payment Card Issuer Pleo Introduces New Credit Card by Partnering with Mastercard, JPMorgan
Denmark-headquartered Pleo, a smart payment card issuer, has confirmed that it’s introducing a new credit card by teaming up with Mastercard and J.P. Morgan,
Economic Survey: Building blocks for 'wealth creation' and $5-trn economy
Here is a snapshot of some of the 'new ideas' for the economy that the Survey focuses on
Nordea Appoints Virgin Money’s Ian Smith As New CFO & Head of Group Finance
Finland-based banking group Nordea Bank announced on Thursday it has appointed Virgin Money's CFO Ian Smith as its new CFO and Head of Group Finance. According to Nordea, Smith has an extensive background in the financial services sector in the UK and has held senior positions as a banking audit partner and later as Financial Services M&A leader at Deloitte. He also previously served as Director of Group Finance at Lloyds Banking Group plc and
Schuh closes its Liverpool store for good
The store opened more than two decades ago
Elon Musk is starting to resemble a 'quiet assassin' as the short-seller argument about Tesla disintegrates, an expert says
Tesla has an edge over other automakers in battery technology, charging infrastructure, and autonomous-driving technology, Gene Munster said.
The best Vodafone deals in February 2020
Vodafone deals at the best price points around. Compare the UK's best plans, offers and contracts.
SBK, Domenicali takes the times at Redding on the Ducati Panigale V4
SBK: Ducati's CEO: "Incredible lap times at Valencia and great work by Scott to improve the bike".
PACCAR: Tech Shift Can Prove Lucrative
PACCAR is a leading trucking manufacturer which is working on new technological solutions for the trucking industry.With electric-powered trucks and autonomous driving being all the hype these days, t
How to file and pay your taxes online
Pay your taxes and get your refund asap
ITI further extends FPO to Feb 5; issue subscribed 58% so far
Services of public sector banks were impacted as employee unions went on a two-day nationwide strike from Friday to press for wage revision.
Coca-Cola Is the Most Conservative Investment You Can Make
Coca-Cola stock was a star in the January market, but don't be fooled. This is a slow-growing dividend aristocrat.
GCB Bank unveils first G-Money Mobile Wallet
news, story, article
Economic Survey 2019-20: Food inflation higher in urban areas
Economic Survey moots tighter monetary policy in case of food, fuel price shock
How To Enable The New Duet Menu Of Chrome Browser On Android
Google chrome for Android has a new duet menu. In this article, we have shared a method to enable the duet menu of Chrome browser on Android.
EU bank regulators lay out tougher doomsday stress test
EBA factors in period of ‘low for longer’ rates and 4%-plus economic contraction
Amazon rejoins $1tn club on back of blockbuster earnings
Bezos empire alongside Apple and Microsoft after further share price gains
The cheapest AirPod prices, sales, and deals in February 2020
The Apple AirPods have an MSRP of $159/£159/AU$249. Let's see if we can find a better price for you today though.
Coronavirus shadow overseafood exports to China
MPEDA Chairman, however says the impact is minimal
PBF Energy: A Mexican Billionaire Can't Get Enough Of This New Jersey Refiner
Billionaire Carlos Slim's fund has indiscriminately bought up over 8 million shares in PBF since May to increase its stake to 17.6%.Slim's involvement in PBF is not immediately clear, though it may be
U.S. consumer, factory data suggest economy losing momentum
WASHINGTON (Reuters - U.S. consumer spending rose steadily in December, but tepid income gains pointed to moderate consumption growth this year, which together with slumping business investment likely set the economy on a slower growth path this year.
Canada: GDP bounced back in November – NFB
According to a report released on Friday, Canada’s real GDP rose 0.1% in November and 1.5% compared to a year earlier. Krishen Rangasamy, analyst at t
Eurozone economic growth in 2019 was slowest in 6 years
Jan. 31 (UPI) -- Economic growth last year for the eurozone was the lowest it's been in six years, mainly hampered by slowdowns in France and Italy, the European Commission said Friday.
Fiscal deficit hits 132% of full-year target
The deficit was 112.4% of 2018-19 Budget Estimate (BE) in the corresponding period.
Hindustan Unilever clocks 4% sales growth
Firm hit by weak consumer sentiment
[Deal] Save up to 36% on these discounted Anker accessories
Whether it's keeping your smartphone charged up, listening to the SuperBowl, or chilling while a robot vacuum cleans the floor for you, Anker has something
After 38 years, Island Bakery shuts off ovens
A family owned and operated commercial bakery that supplied bread to tens of thousands on the Island for 38 years has shut down its ovens.Island Bakery, which started life on Tennyson Avenue in . . .
How Idexx Laboratories Beat Expectations in Q4
The animal health company boosted its full-year 2020 earnings guidance, too.
Economic Survey 2020 pitches divestment in public sector undertakings
Economic Survey says public sector units performed better than peers after privatisation
Bury in liquidation danger as owner Dale fails to pay any money to creditors
Bury’s owner, Steve Dale, has failed to provide any of the money he pledged last summer towards paying the club’s debts via a company voluntary arrangement, creditors have been told
NSE: All-Share Index closes trading for January at 28,843.53
The All-Share Index of the Nigerian Stock Exchange (NSE) on Friday closed trading for the month of January below 29,000 mark following the dominance of the bears.
Litecoin Price Analysis: LTC Surges 25% In A Week But Can Bulls Keep Up?
Among the top 20 cryptocurrencies, Litecoin is the best-performer after surging almost 15% under 24-hours. After correcting to $52 last weekend, buyers
Blockchain Consortium Hyperledger Releases Hyperledger Fabric 2.0
Hyperledger, a distributed ledger technology (DLT) consortium created by a host of highly reputed companies including Linux and IBM, has announced the release of the version 2.0 of Hyperledger Fabric, an enterprise-grade blockchain platform, according to a blog post on January 30, 2020.
Bank of India posts profit, scrip up 3%
The State-owned lender had posted a net loss of ₹4,643.71 crore in the year-earlier period.
Needed: fewer regulations for start-ups, says CEA Krishnamurthy Subramanian
“With a rank of 163 of the 190 nations in enforcing contracts, only a few countries like Afghanistan, Mozambique, and Zimbabwe perform worse than India.”
Processes of exports, imports at KIA have improved vastly: Economic Survey
‘This is after implementation of authorised economic operators policy in 2016’
Stanley Black & Decker Comes In A Little Light, But Has Drivers For 2020
Stanley Black & Decker had a mixed fourth quarter, with revenue coming in a little light outside of Security, but good margins in the Tools & Storage business.A healthy residential repair/remodel mark
Tesla Showing Similarities to 2017 Bitcoin, What Happens Next?
Tesla is among the top-performing assets of 2020 so far, and one of the few financial assets that has outperformed Bitcoin and the rest of the
Bank of Ghana keeps policy rate unchanged at 16 percent
news, story, article
Vedanta profit rises 49% to ₹2,348 crore
Revenue, however, drops 10% to to ₹21,126 crore
[Leafs Links] The latest on the Toronto Maple Leafs’ defense search, Jake Muzzin, Chris Kreider, Dylan DeMelo, Sami Vatanen, and Josh Anderson
In the Friday edition of Leafs Links, the insiders provide the latest on the Toronto Maple Leafs’ mindset heading into the deadline, their search for long-term right defense help, a potential Jake Muzzin contract extension, and the latest from around the league. Leafs Links Friedman on the Leafs’ defense search, Kreider, DeMelo, Anderson (WGR550) Elliotte […]
Neemuchwala resigns after 4 years as Wipro CEO citing 'family commitments'
The board of directors has begun the process of looking for the next CEO, the company told the stock exchanges
HUL volume growth surprises, profit before tax up 14% in December quarter
The company's volume growth is also ahead of the overall FMCG sector's
Amazon Echo Buds are under $100 in limited-time deal this weekend
Grab the Amazon Echo Buds for $40 off right now, cheap wireless earbuds on sale for the first time.
A full price breakdown for ESPN's streaming service, ESPN+ — here's everything you need to know, Business Insider - Business Insider Singapore
Business Insider - Here's a full breakdown of how much the ESPN+ streaming service costs along with pricing packages and promotions.. Read more at businessinsider.sg
[Update: Fixed] Google changes how Play Store changelogs are previewed, resulting in some awkward phrasing
That new Play Store design gave us a Dark Theme that works with the Android 10, but it also brought a strange change to the changelog previews.
A warning about 'ghost' tax preparers
It's tax season, and who you choose to file your taxes matter. The IRS issued this warning about unethical ghost tax preparers.
New tax rules mean millions will get an extra £104 from April
It will affect around 31 million full-time workers
Letter of the Day: Income guarantees save money, lives
A guaranteed livable income gives everyone the ability to afford a place to live and purchase adequate groceries, writes Maria Rose Lewans.
Economic Survey: ‘Thalinomics’ Reveals How The Cost Of Your Thali Has Come Down Since 2015-16
How the common man’s food affordability has improved since 2015-16.
Rs 7,000 crore worth of transactions hit due to bank strike in Tamil Nadu
All India Bank Employees Association (AIBEA) general secretary CH Venkatachalam told Express that nine lakh cheques worth Rs 7,000 crore in the state could not be processed due to the bank strike.
Auto industry slowdown temporary: Economic Survey
The survey said that the “temporary auto slowdown may be attributable to certain other reasons such as lack of credit, base effect (as in last few years auto sector has grown rapidly), and structural changes like adoption of newer fuel standards from BS-IV to BS-VI from April 20 etc.”
ITC Q3 pre-tax profit rises 4.5% to Rs 5049 cr on hotels, agro businesses
The company said that the macro-economic environment continues to be adversely impacted as reflected in GDP growth, and persistent weakness in consumption demand and investments
Thieves target non profit
For decades Venture Training has been assisting people with a variety of developmental challenges, so the loss of $800 is a huge blow to the non-profit group.
CCI dismisses complaint against Naspers-owned PayU Payments, Wibmo
The Competition Commission of India has dismissed allegations of unfair business practices against PayU Payments and Wibmo. It was alleged that PayU has intentionally foreclosed the market for other competitors by denying them proper access to Wibmo in the downstream market and has substantially created entry barriers for new market players.
Big Fizzle: MoviePass Passes Away
And so it all ends in disappointment, like the umpteenth installment of a Stallone or Schwarzenegger franchise. For MoviePass and its parent company, filing Chapter 7 bankruptcy earlier this week means that what promised to disrupt an industry that has been around for more than a century – the movie business, of course – has itself been disrupted, and had been since the service was shut down in September. The filing means the companies will be sold, and the funds distributed to creditors. Those creditors include a list of more than 12,000 subscribers, and as the math works out, each of them may get about $100 in liquidation – if they get paid at all. The final shuttering comes after at least some subscribers complained that their cards were still being charged, even when the MoviePass service had gone dormant. Turns out the movie ticket subscription business has relatively low barriers to entry. MoviePass launched in 2011, was famed for its $10 monthly subscription service that allowed
Revival in sight: Economic Survey pegs FY21 GDP growth at 6-6.5%
Fiscal targets may have to be relaxed for the current year
Survey trusts free markets to create wealth
CEA Krishnamurthy Subramanian suggests many micro solutions for macro problems
Blibli.com Debuts Cashierless Store; Nordstrom Pilots Resale Concept
News: eCommerce merchants are tapping into the world of brick-and-mortar retail by opening cashless and cashierless stores.
Here are a few nuggets from Economic Survey in order to prevent frauds
Financial services exports have remained stagnant, averaging about $5 billion in recent years
GRAINS-Soybeans extend losing streak on coronavirus fears; corn firm, wheat weak
(Recasts, updates with U.S. trading, adds new analyst quote, changes byline/dateline; pvs PARIS/SYDNEY)By Mark WeinraubCHICAGO, Jan 31 (Reuters) - Chicago Board of Trade soybean futures fell on Friday, on track for their ninth straight day of losses, as concerns about the coronavirus cutting into Chinese demand beat back any attempts at a bargain-buying bounce, traders said.
OmiseGo-Backed Exchange Shuts Down
Go, the exchange powered by OmiseGo technology, has closed after months of negligible volumes and regulatory difficulties. Go Exchange Closes on Low
FP Dealmakers: Foreign firms gobbled up record number of Canadian companies in 2019
A number of Canadian companies were bought out by rivals or private equity firms last year
For start-up ecosystem to flourish, liquidity is the need of the hour
Tanuj Choudhry, Chief Business Officer, HomeLane India’s economic growth has been sluggish over the last few years and the impact has been concerning.
Economic Survey 2019-20: India can chart China-like export trajectory
It calls for integrating ‘Assemble in India for the world’ into Make-in-India
Magazines Dive Into Retail Again — This Time With Pot, Fashion And Delivery
Retail and magazines have always had a relationship, and recent developments indicate magazines are looking to take a more direct role in retail.
Theresa May Has Earned Almost £400,000 Since Quitting As Prime Minister
May will receive a £190,000 “signing bonus” after agreeing a deal with the Washington Speakers Bureau agency last month.
Panic in markets: If Coronavirus is not tamed, trade with China may slump
The real impact of trade can be gauged after February 8 when the Chinese New Year holidays end
Northern farmers ask Johnson for £300m to replace CAP payments
Estimates suggest that the majority of farmers rely on EU payments for at least 60% of farm income
Property of the Week: Old or new? Take your pick on Portobello Road
It may be home to the world’s largest antiques market; but Portobello Road in Notting Hill is surely just as renowned for its property.
GST collection crosses Rs 1.1 trn mark in January; in line with the target
In January, domestic GST collection was around Rs 86,453 cr. Around Rs 23,597 cr was collected through IGST and cess
Amazon Sees Upgrades All Around Wall Street Following Solid Cash Flow, Operating Income
Web hosting services seller and online retailer Amazon.com, Inc is seeing fresh optimism from Wall Street following strong revenue growth.
Entry screening not yet on cards for Irish airports as coronavirus spreads
Low level of exposure to Chinese tourists in Ireland, tourism bosses say
Indian Air Force’s AN-32 Aircraft Takes Flight Near Chinese Border With Bio-Fuel in Both Engines
New Delhi (Sputnik): The Indian Air Force (IAF) is aiming to cut fuel costs by around $4 billion by 2024. With the successful test of the biofuel- blend-powered transport aircraft , the IAF will gradually increase biofuel use across its fleet.
Buyer Payments And Seller Payouts In A Changing Sharing Economy
Here's a look at the evolution of buyer payments and seller payouts in the changing sharing economy.
Musk says Model S to get 400 mile range in the future
Elon Musk mentioned during an investors call that his auto company is still working to improve the range on the Model S and X vehicles.
Tractor Supply's Shopper Trends Turn Negative
The retailer blamed unusually warm winter weather for a sharp growth slowdown over the holiday season.
EUR/USD approaches a 1.1100 as the US dollar drops further versus majors
The EUR/USD pair rose further and printed a fresh weekly high at 1.1090. So far today it gained more than fifty pips, having the best daily performanc
Apple Supplier Japan Display Reaches $930 Million Bailout Agreement With Ichigo
Struggling Apple supplier Japan Display has reached a deal with Ichigo Asset Management to receive up to 100.8 billion yen ($930 million USD) in bailout funding.
The all-new 10.2-inch iPad hits lowest price ever at Amazon
Amazon has the all-new 10.2-inch Apple iPad on sale and down to its lowest price ever.
Economic Survey: Take a cue from China to create 40 million jobs by 2025
Economic Survey: Take a cue from China to create 40 million jobs by 2025 Survey suggests integration of Assembling in India into Make in India
MG Hector BS6 petrol priced from Rs 12.74 lakh
Move to BS6 sees prices hiked by about Rs 26,000 across all MG Hector petrol variants. Click for more details.
Economic slowdown bottomed out, uptick from here onwards: CEA K V Subramanian after Economic Survey
Chief Economic Adviser K V Subramanian on Friday said India's GDP is expected to grow at 6-6.5 per cent next fiscal as the economic slowdown has bottomed out.
Extreme Volatility Inbound: Why Today Is Critical For the Crypto Market
The crypto market has risen over 40% since the start of 2020, thanks to gains from Bitcoin, Ethereum, XRP, and other altcoins.
Business as usual at PBA Holdings despite criminal case on shareholder
GEORGE TOWN: PBA Holdings Bhd (PHB), which owns Penang water supply company Perbadanan Bekalan Air Pulau Pinang (PBAPP) Sdn Bhd, today said the on-going criminal case involving a PHB shareholder has no effect on the standing and operations of the company.
Best luggage brands to invest in if you're looking for stylish suitcases
Jet-set lifestyle: These are the best luggage brands for on-trend travel, from cool cabin bags to stylish suitcases
Bank of Ghana’s corporate guidelines pushes some board chairs and CEOs out of office
The Bank of Ghana has revealed that several board chairs and Chief Executive Officers (CEOs) of banks in Ghana have left their positions.
‘Buying a gun easier than opening a restaurant in Delhi: Chief Economic Advisor’
Analogy given by Chief Economic Advisor for improving the ease of doing business in India
Get your kids excited about coding and robotics with these kits
It's never too early to start teaching your kids about the fundamentals of engineering and robotics, especially because these interconnected fields are going to play an increasingly important role in several high-paying careers in the future. Here are three comprehensive kits that will introduce your curious kids to a wide range of STEM topics and enjoyable engineering projects, and...
These 3 Stocks Are Too Cheap to Pass Up
Who's looking for a deal?
USD/CHF slumps to two-week lows near 0.9640
The USD/CHF pair came under renewed bearish pressure in the last hour and slumped to its lowest level since January 16th at 0.9639. As of writing, the
Tipperary's Newman Julian says FG is only party to cut tax
People on average incomes 'are not rich'
Next-gen Mini is on hold over Brexit and cost-cutting
Mini reportedly has delayed the development of its next-generation Cooper, due to cost pressures and Brexit uncertainty. Most Minis are built in the UK.
Galaxy S20 Series Prices Leaked; Will Be Approximately the Same As the Galaxy S10
A Polish website claims to have found out about the Galaxy S20 series' price. Read on to find out more about how much each device will cost.
The LOC Method Is One of the Best Ways to Moisturize Your Hair — Here's What It Is
The LOC method is a popular moisturizing technique in the natural hair community. Here's what it means.
Q&A: Why AI is going to become more mainstream for business
The CEO of Yellowfin (BI analytics company) explains that although the adoption of analytics is still low amongst businesses, companies like Yellowfin are helping leaders think differently and make transformational value and change through data.
Roku owners will no longer be able to stream Super Bowl LIV for free after Fox Sports app disappears
Roku said it's pulling Fox apps from its app store, including Fox Sports where the Super Bowl was meant to be streamed in 4K for free.
PETA Claims The NFL Wouldn’t Air This Colin Kaepernick Super Bowl Ad
PETA claimed that the NFL pressured FOX into turning down a commercial that used Colin Kaepernick's protest.
Deficit at $11.8 billion
The federal government ran a deficit of $11.8 billion over seven months of its 2019-20 fiscal year compared with a deficit of $2.1 billion in the same period last year.
Billionaire F1 owner leads rescue deal for 007 sport car maker Aston Martin: reaction
Luxury sports car maker Aston Martin Lagonda has agreed to sell a £182 million stake to a consortium led by a Canadian billionaire as part of a major fundraiser to protect the future of the British manufacturer.
Gas goes up, gas goes down
The price of petrol continues to yo-yo in the North Okanagan.
Listed companies in Taiwan required to disclose info in English starting July
The move signals Taiwan’s bid to draw foreign investors, which hold a combined 40 percent stake in local equity market
Work at state-owned banks affected as employee unions go on 3-day strike
Private sector lenders like ICICI Bank and HDFC Bank were working as usual.
Market Pulse on January 30th
S&P 500 3283,66 +10,26.
Huawei 5G role being capped in the UK will cost £500 million: British Telecom
BT (British Telecom) has stated that Britain’s decision to limit Huawei‘s involvement in building 5G infrastructure would have increased the cost of its gigabit-communications plan by about 500 million pounds over five years. British Telecom is the largest mobile broadband network provider and its Chief Executive, Philip Jansen, said he welcomed the use of vendors …
Barclays introduces video games tax relief loans
Developers able to claim 90% of their tax credit before it is fully processed
Why businesses need to consider loyalty programmes
Loyalty programmes facilitate the development of a relationship with each customer through multiple touch points in the organisation, says LoyaltyPlus.
Pakistan halts China flights amid coronavirus outbreak
LONDON: Civil disobedience group Extinction Rebellion staged a protest outside McKinsey & Company’s London office on Friday to demand the consulting firm use its influence over companies and governments to drive far-reaching action on climate change. At least 30 protesters gathered outside the building holding banners emblazoned with slogans such as “Business As Usual = Death”
A little-known trucking company surges nearly 58% after Volkswagen unit makes a surprise offer to buy (NAV)
US truck manufacturer Navistar's shares shot up in pre-market trading Friday, after a Volkswagen unit said Thursday it could buy the company in ...
OYO Hotels & Homes selects Sabre as its long-term strategic partner
SINGAPORE and ATHENS – Sabre Corporation has signed a strategic long-term global partnership with OYO Hotels & Homes. With this partnership, OYO will be connected to almost 900,000 travel agents globally, through the GDS connectivity solution powered by Sabre Hospitality Solutions’ innovative SynXis platform, that will help OYO generate increased bookings and open up additional revenue opportunities for its asset owners worldwide. Maninder Gulati, Global Chief Strategy Officer, OYO Hotels & Homes said, “At OYO Hotels & Homes, we have built
Drug Price Control Order led medicines to become costlier: Economic Survey
Survey urges government to opt for bulk procurement to provide affordable drugs
Jeff Bezos added £10,000,000,000 to his fortune in just 15 minutes
The world's richest man just got richer.
It's That Time Of Year: No, The NFL Can't Stop Every Business From Using 'Super Bowl' In Every Instance
It's an annual tradition here at Techdirt, something like our deranged version of Christmas. Whenever the start of February rolls...
Economic Survey 2020 draws heavy references from Kautilya's Arthashashtra
Economic Survey 2020: The document also defends Kautilya and says that he is often misrepresented because of impartial reading of Arthshashtra
Helping prepare medium business for 2020
Medium businesses don’t have the same resources as larger businesses to pursue new technology improvements, says Brad Pulford, GM – Channel & Distribution at Dell Technologies Africa.
Moscow Wants New Trade Deal With London After Brexit - Russian Ambassador
In August 2019, Russia's trade representative in London Boris Abramov pointed out that clinching a new trade agreement between Moscow and London “would be beneficial to both parties”.
Free bandwidth for office parks – Accelerit Business Solutions
Accelerit is offering the first five clients to sign up on its feasible office parks free Internet based on a needs analysis conducted with the client.
Coronavirus: Spurt in fertiliser import costs seen due to plant closure
Exporters not to worried for now, say concerns may kick in only if virus spread isn't controlled; leather sector stand to gain.
Bharti Airtel removed from DGFT’s Denied Entry List
Telecom major submits
How analytics can help expand market share and generate revenue
Fintech players have captured the marketplace with efficient customer experience and proven that mass-market growth is achievable, without branches and with mobile-based applications. What sets new financial entrants apart is that they are adaptable and can provide customers with financial advice in a way that suits them.
Economic Survey 2020 projects GDP growth at 6-6.5% in FY21
The Economic Survey 2020, prepared by Chief Economic Advisor Dr Krishnamurthy Subramanian, was tabled by Union Finance Minister Nirmala Sitharaman in Parliament Friday.
Uptick in retail prices in FY20 mainly on veggies, pulses: Survey
The Economic Survey 2019-20, presented in Parliament by Finance Minister Nirmala Sitharaman stated that inflation has been witnessing moderation since 2014, however, recently there has been an "uptick
VN-Index plummets further amidst coronavirus crisis - VnExpress International
The benchmark VN-Index plunged 22.96 points, or 2.39 percent, to 936.62 Friday to reach its lowest level since February 11 last year.
Monetary Authority Of Singapore: What It Will Take To Win Digital Banking Licenses
The Merchants Guide To Navigating Global Payments Regulations examines how financial and data regulations are changing across different markets like Singapore.
Unilever sales growth stagnates amid sluggish household consumption
The Anglo-Dutch company booked a 2.7 percent year-on-year (yoy) growth in sales to Rp 42.9 trillion (US$3.15 billion) in 2019, the company said in a statement obtained by The Jakarta Post on Thursday.
Govt plans to sell 15% take in HAL via offer for sale
The government is planning to sell 15 per cent stake in Hindustan Aeronautics Ltd (HAL) through an offer for sale, which could fetch about Rs 4,000 crore to the exchequer.
Indiabulls Real Estate to merge certain Embassy Property projects with self
Embassy is in discussions with financial investors such as The Blackstone Group Inc. and others to raise up to $200 million before the said merger. This equity investment of $200 million will bring significant cash in the merged entity for expanding its business operations.
Bitfinex Exchange Launches Tether Gold (XAUT) Margin Trading with 5x Leverage
Bitfinex crypto exchange has announced the launch of its Tether Gold margin trading service. Traders on the platform can now trade various pairs of Tether Gold, including XAUt/USD, XAU/USDt and XAUt/BTC with up to 5x leverage, according to a press release on January 30, 2020.
4 Smart Ways to Win Back Your Disengaged Email Subscribers
If a customer hasn't opened one of your emails in months, how can you win back their attention?
Amazon's latest milestone: 150 million Prime members
Amazon had another prime holiday season.
Worn Again Technologies Opens R&D Plant in England, With More to Come
Worn Again Technologies, a polymer recycling company, has launched a research and development facility in Redcar, England.
Profit jumps at Hargreaves Lansdown despite Woodford scandal
Profit before tax at investment platform Hargreaves Lansdown climbed 12 per cent in the first half of its financial year [...]
Billionaire F1 owner leads major rescue deal for sport car maker Aston Martin
Luxury sports car maker Aston Martin Lagonda has agreed to sell a £182 million stake to a consortium led by a Canadian billionaire as part of a major fundraiser to protect the future of the British manufacturer.
IBM chief Ginni Rometty to step down
Cloud business boss Arvind Krishna to succeed.
Mellanox More Than Biding Its Time Into The Nvidia Deal Close
Mellanox reported fourth-quarter results that were significantly better than expected, with healthy growth in both InfiniBand and Ethernet product lines.There has been no update on the Nvidia-Mellanox
Nirmala Sitharaman’s bahi khata: More for aam adami?
The buzz is that she will be addressing the demand side of economy — giving consumers more money to spend without cutting back on government expenditure on social schemes
GAN expects earnings to beat market expectations
Gambling software company anticipates earnings of between £7m and £8m
Bitcoin Price Analysis: $10,000 In Sight, However Bearish Divergence Might Ruin The Bulls Party?
Since Bitcoin broke firmly above the $9K price line last Tuesday, we saw the coin consolidating mostly inside the range of $9300 - $9400. The beautiful