Economy 169
Cleanliness of wet markets only at 40pc, says minister
PASIR PUTEH, Feb 14 — The cleanliness level of most wet markets in Malaysia hovers around 40 per cent, said Housing and Local Government Minister Zuraida Kamaruddin. In view of this, she called on traders and customers to change their attitude and habits, especially...
Court rejects unions’ application over SAA job cuts
Unions are expected to appeal the decision.
Vietnam Airlines loses up to $10.8 million a week to Covid-19 - VnExpress International
Vietnam Airlines has lost VND200-250 billion ($8.6-10.8 million) per week following flight suspension to China, the national carrier said in a statement.
Judge grants Amazon motion for pause in Microsoft's Pentagon contract work
A US judge on Thursday granted Amazon.com Inc's request to temporarily halt the US Department of Defense and Microsoft Corp from moving forward on an up-to-$10 billion cloud computing deal that Amazon says reflected undue influence by President Donald Trump.
India's 2020-21 pulses import may fall by 50% if government doesn't extend import quotas, says IPGA
As Indian government struggles to support the domestic pulses farmers who are getting non-remunerative prices due to the second consecutive year of bumper production, trade body Indian Pulses and Grains Association (IPGA) has claimed that large scale smuggling of pulses from neighbouring countries is hurting the interests of domestic farmers and traders.
Mike Ashley’s Frasers Group adds name to business rates letter
More than 50 retailers wrote to the Chancellor this week demanding changes to transitional relief.
Mariah Carey confirmed to play Brighton Pride as she signs six figure deal
Mariah Carey is confirmed to headline Pride festival in Brighton this summer and will pocket a six figure sum for the performance
Hong Kong actor Louis Koo to the rescue with 20,000 face masks for entertainment industry veterans
KUALA LUMPUR, Feb 14 — Hong Kong actor Louis Koo jumped in to help veteran actors and actresses facing difficulties to get face masks in light of the Covid-19 outbreak. Through the Entertainers Association, Koo managed to get 20,000 face masks which will be distributed to the industry seniors....
Miley Cyrus laughs off awkward nip slip and fake tan fail by posting honest pic
Miley Cyrus proved she doesn't take herself too seriously as she laughed off photos where she accidentally flashed her nipple and suffered 'fake tan gloves'
Hawks swoop on Mpumalanga businessman for allegedly trying to bribe cop over his impounded car
The Hawks have arrested a prominent Middelburg businessman after he allegedly tried to bribe a police officer to release his impounded vehicle.
Zambia banks reap record profits from government debt
Stanbic posted a profit before tax and costs of 1.72bn kwacha last year.
DMart OFS: Non-retail quota subscribed 3.4 times
Radhakishan Damani and other promoters of Avenue Supermarts would be selling 2.28 per cent stake or 1.5 crore shares of the company in a Rs 3,500-crore deal.
British Vogue Taps Amber Valletta as Sustainability Editor
This is a new position for the British title.
British network Three joins 5G mobile club
British network Three is rolling out 5G mobile to major cities including London, Glasgow and Birmingham from the end of the month, joining its ...
RBS profit surges, as bank’s new CEO sets climate goal
LONDON, Feb 14 — Royal Bank of Scotland today said its net profit almost doubled last year to £3.1 billion, as new chief executive Alison Rose placed climate at the top of her agenda. Rose said in the earnings statement that she planned also to roughly halve the size of the Edinburgh-based...
Rand firmer after Ramaphosa’s speech
The rand was subdued following the delay caused by the EFF.
French Oscars academy promises reforms after Polanksi row
PARIS, Feb 14 — France’s Cesar Academy, which awards its version of the Oscars, was in crisis today after its entire board resigned, overwhelmed by a series of rows that have infuriated both women’s activists and industry insiders. The mass resignation came two weeks ahead of their gala...
Wannabe influencer threatens to 'make or break' family-run business online unless he gets free car exhaust... only for garage boss to turn the tables and shame HIM on social media instead
Dave Aspden asked Lancashire garage owner Gary Faulkner for a free exhaust to be fitted on his Vauxhall Cavalier. The garage agreed but Mr Aspden never booked and was told he had to wait.
Exports contract for 6th straight month, drop 1.66 per cent in January; trade deficit widens
Shipments of petroleum products, plastic, carpet, gems and jewellery, and leather products contracted by 7.42 per cent, 10.62 per cent, 5.19 per cent, 6.89 per cent, and 7.57 4 per cent, respectively, in January. Imports also fell for the eighth consecutive months, down 0.75 per cent to USD 41.14 billion in January, widening the trade deficit to a seven-month high of USD 15.17 billion, according to the government data released on Friday.
Rebekah Vardy gets three rose bouquets from Jamie after tearful TV appearance
Rebekah Vardy got three bouquets of roses from her husband Jamie following her tearful appearance on Loose Women to spill secrets on the WAG war with Coleen Rooney
South African public sector union says wage deal not open for review
Nehawu says the wage agreements are 'sacrosanct'.
The Cesar awards: Key facts about the ‘French Oscars’
PARIS, Feb 14 — The Cesar film awards, France’s version of the Oscars, have been thrown into turmoil after the entire academy board resigned amid calls for reform and a row over the long-running Roman Polanski scandal. Here are some key facts about the annual highlight of the French movie...
Carol Vorderman hints she's dating again with cryptic Valentine's Day tweets
Carol Vorderman hinted someone was bringing her "tea in bed" on Valentine's Day after she hinted she had a very active sex life
Mining ban has shaved ₹7,000 crore off Goa’s economy, says report
Ban has severely impacted jobs, says CMIE report
Christine McGuinness celebrates Valentine's Day after 'heartache'
Paddy and Christine have faced some big challenges this week
Renault plans US$2.2b ‘no taboos’ cost cuts after first loss in a decade
PARIS, Feb 14 — Renault’s first loss in a decade triggered a no-taboos commitment to cut costs by €2 billion (RM9.1 billion) over the next three years from the carmaker today, as it tries to put the Carlos Ghosn affair behind it. As ex-Volkswagen brand manager Luca de Meo prepares to take...
Is Vahbiz Dorabjee Comfortable Doing Bold Scenes In Web Shows? Actress Has THIS To Say- EXCLUSIVE
Vahbiz Dorabjee is back to face the flashlights rebooted. The actress speaks about web shows and also gives her take on bold scenes on the digital medium
Feds Search How Private Medicare Info Gets to Marketers
A government watchdog plans to launch a nationwide probe into how telemarketers may be getting hold of seniors’ personal Medicare information, a red flag for potential fraud.
Alan Costello: Engineering a bright future for everyone
THE last 10 months have been particularly busy, and rewarding, for Alan Costello. In April 2019, he was elected chairman of the Cork branch of Engineers Ireland.
PhonePe earmarks ₹800 crore marketing budget to take on competition
It has signed up Alia Bhatt to create awareness.The platform aims add over 100 million users every year
OKEx Expands Into India’s Crypto Market via Partnership With Local Exchange
Despite the ongoing uncertainty toward crypto regulation in India, major global crypto exchange OKEx has just made another push in the country’s market.
Music nerds’ High Fidelity gets series makeover
NEW YORK, Feb 14 — High Fidelity, the series, is out — a quarter of a century after the book and 20 years after the film, transporting author Nick Hornby’s vinyl enthusiasts into the modern realm of Spotify. Between the book and the series — released today in the US on the online platform...
Canopy Growth says more cost cuts coming as it reports $124M loss
Canopy Growth Corp. is planning further cost cutting as it works to achieve positive cash flow and profitability, the cannabis producer's new chief executive said Friday as it reported a $124.17-million loss in its third quarter of 2020.
Volkswagen offered 830-mn-euro settlement for German diesel cases
The mass lawsuit is one of the major legal hangovers from VW's 2015 admission to fitting 11 million vehicles worldwide with software to make motors appear less polluting in regulatory tests than in real driving conditions. While diesel buyers in the US have enjoyed generous buyback and compensation schemes, German drivers had so far gone uncompensated for the impact of the scandal, which has since spread to other carmakers.
VN-Index dips, ending three-session gaining streak - VnExpress International
Vietnam’s benchmark stock market index slipped 0.08 percent to 937.45 points Friday, ending a three-session gaining streak.
In Hot U.S. Jobs Market, Half of College Grads Are Missing Out
Millions of Americans are seeing little return from their expensive college degrees -- even in today’s hot jobs market.
F&O: Options signal Nifty range in 12,000-12,300 zone
India VIX moved up by 1.83 per cent to 13.61.
Novel coronavirus situation under control: Health Secretary
States such as Uttarakhand, Uttar Pradesh, Bihar, West Bengal and Sikkim bordering Nepal whave been asked to strengthen the disease surveillance
Appili Therapeutics Announces Upsizing of Previously Announced Equity Offering
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATESHALIFAX, Nova Scotia — Appili Therapeutics Inc.
Star fund manager's bet on $4.3 billion worth of Argentine debt is dangerously close to unraveling
Franklin Templeton and its star money manager, Michael Hasenstab, have $4.3 billion worth of Argentine bonds as the country marches towards rest...
Lion Air offers discounts to rev up business amid virus fears
Indonesia’s largest low-cost carrier is offering significant price cuts for flights to and from three destinations in the country as the aviation business is weighed down by concern over the coronavirus outbreak.
James Blunt Tour To Raise Money For Military Charity
All the proceeds from his new single 'Monsters' will also be given to military charities.
Meet Bitcoin Market’s Most Accurate Technical Indicator: Lamborghini
Take a break Golden Cross, bitcoin now has found a better technical indicator in Lamborghini this Valentine's Day. So it appears, there is a great
Supreme Court orders Indian telcos to pay US$13b or face action
NEW DELHI, Feb 14 — India’s Supreme Court today ordered top telecom companies to pay US$13 billion (RM53.8 billion) in unpaid spectrum and licensing fees by March 17 or face punishment in a fresh blow to ailing mobile carriers. Shares in Vodafone Idea, which said it would be hardest hit by the...
For 'Strong India', All-Girls College in Amravati Forces Students to Take Pledge Against 'Love Marriage'
Reports have claimed that the administration of the Mahila Kala Vanijya Mahavidyalaya forced the students to take the absurd pledge, which was a part of the National Service Scheme (NSS) camp.
How powerful was Harvey Weinstein? His film legacy paints a picture
LOS ANGELES, Feb 14 — At the heart of Harvey Weinstein’s New York rape trial is a power dynamic between a producer of some of the biggest culture-defining films of the past 20 years and two women who accuse him of abusing that stature by sexually assaulting them. Weinstein, 67, has pleaded not...
Chartered Accountants Ireland excludes Willie McAteer
Willie McAteer has been excluded from Chartered Accountants Ireland after a disciplinary tribunal found he had brought discredit on himself and his profession.
Is 5AMLD Causing Crypto Companies to Shut Down & Relocate?
The EU's 5th anti-money laundering directive has already caused some crypto firms to relocate or shut down. Is regulation really a good thing for crypto?
More risk capital and a strong corporate governance code, key to India's GDP growth: Uday Kotak
Indias aspirational growth of 6-7% depends on risk capital and strong corporate governance code, Kotak said.
Delta to invest $1 bln to curb global air travel's climate impact
By Tracy RucinskiCHICAGO, Feb 14 (Reuters) - Delta Air Lines Inc said on Friday it will invest $1 billion over the next decade in initiatives that would limit the impact of global air travel on the environment, the first airline to make a commitment of that scale.The aviation industry accounts for roughly 2% of global carbon dioxide emissions and has set out a plan to achieve carbon-neutral growth from 2020, even as air travel is forecast to accelerate.
GRAINS-U.S. soybeans stay firm as market awaits return of Chinese buying
* Soybeans set for second weekly gain in a row* Market expects Chinese demand as trade deal takes effect* Wheat, corn also steady as virus concerns abate (Updates with European trading, changes)By Gus Trompiz and Naveen ThukralPARIS/SINGAPORE, Feb 14 (Reuters) - Chicago soybean futures edged higher on Friday to stay on course for a second week of gains on expectations that China will step up purchases of U.S. crop.Corn and wheat also ticked up but were heading for a weekly fall as large global supplies offset support from steady export demand.
Soon, a simple blood test could be used to detect cancer
Researchers report high accuracy even before appearance of symptoms
Ringgit ends higher versus US dollar
KUALA LUMPUR, Feb 14 — The ringgit closed marginally higher against the US dollar today, tracking the performance of regional peers amid concerns on the Covid-19 outbreak. At 6pm, the ringgit was quoted at 4.1360/1400 versus the greenback from 4.1390/1420 yesterday. FXTM market analyst Han Tan...
Sam Smith brands Valentine's Day 'offensive' and compares romantic holiday to a funeral
The singer said that they aren't a big fan of the most romantic day of the year as they've aways been single and even went as far as to compare it to a funeral
Rising garlic price cannot be blamed on coronavirus: Business watchdog
As some suggest the coronavirus outbreak may be behind the sharp rise in garlic prices, the competition watchdog is not having any of it, blaming importers instead.
Premarket: European shares scale record even as coronavirus shows no signs of peaking
Hopes of government stimulus support shares globally
Mike Bloomberg once said taking too much money from the rich and giving it to the poor was a bigger problem than income inequality
Bloomberg once said in 2018 that taking too much money from the rich was a bigger problem than income inequality. 'I think income inequality is ...
China’s startups on the ropes after virus freezes funding
A backlash against Chinas tech champions in 2019 had begun damping a decade or more of go-go optimism and investment that fueled one of the fastest and largest creations of wealth the world has seen.
India, Portugal ink seven pacts after Modi-Sousa talks
The pacts provide for cooperation in areas of investment, transport, ports, culture and industrial and intellectual property rights. Portugal is an important country for India in Southern Europe, and bilateral ties have witnessed a steady progress in the last 15 years. In October 2005, Portugal extradited Abu Salem and Monica Bedi to face terror charges.
Sex tapes, prostitutes and threesomes: The biggest celeb sex scandals of all time
As we celebrate Valentine's Day, let's take a look back at some of the biggest celebrity sex scandals from the tape that kick-started the Kardashians' career to Katie Price's ultimate betrayal
Aviation finance sector looking vulnerable
High aircraft values and low lease-rate factors which do not reflect the commercial and operating risks facing airlines leave the aviation finance industry in a vulnerable state in 2020, says Scope Ratings. Scope expects little change to lease-rate factors in the first half of the year. The slowdown in the global economy will rub off on the aviation industry. More airline defaults and further consolidation are likely in 2020, though stability in oil prices will help the industry keep costs under
Renault sales and earnings drop in tough market
France's Renault saw its sales and earnings drop last year and says 2020 will be tough due to the need for investment in new technologies just as the market is shrinking.
Tesla prices its second offering of stock at US$767 apiece
Tesla priced its second offering of stock at US$767 apiece Friday.
Lewis Burton declares his Valentine's love to Caroline Flack as he breaks cover
Lewis Burton made his love for Caroline known publicly on Valentine's Day with an Instagram as he broke cover
Samsung Electronics says its board chairman offers to resign
Samsung Electronics said on Friday that Lee Sang-hoon, the chairman of its board, had offered to resign, without elaborating on a reason.
NZX profit reflects growth in capital markets
The NZX says its full year result reflects the stellar performance of the capital markets over the past year, with momentum expected to drive growth in the coming year. The capital market operator's net profit rose 25.7 percent to $14.6 million in the year to December, and rose 7.1 percent on continuing operations. The market operator said it spent most of its capital investment to upgrade the NZX trading system and NZX Wealth Technologies over the past year. NZX chair James Miller said the 2019 results showed encouraging earnings growth, assisted by strong growth in the local market, which rose more than 30 percent over the year. "This extends the excellent run of New Zealand's sharemarket over the past decade," Miller said, noting the NZX's share price had increased 42 percent over that period.
Samsung Electronics board chairman jailed for union-busting activities offers to resign
Samsung Electronics said on Friday that Lee Sang-hoon, the chairman of its board, had offered to resign, without elaborating on a reason.
Chloe Ferry hits the beach in impossibly tiny bikini that barely contains her modesty
The Geordie Shore star is busy soaking up the sun in Dubai with her bestie and co-star Bethan Kershaw, and as ever, the girls aren't shy about showing some skin
Renault cuts dividend, slices profit goal for 2020
French carmaker Renault warned that auto demand remained volatile, cut its dividend for 2019 and set a lower operating margin goal for 2020, a ...
Asian plane makers struggle to take off in crowded market
Asian plane makers have thrown huge sums at building jets but flagship projects have suffered repeated setbacks, and they face a tough time breaking into a market dominated by established players.
Income Tax Department busts ₹2000 crore black money racket in Andhra Pradesh, Telangana
Searches conducted by the department earlier this month covered more than 40 premises.Chandrababu Naidu’s associate was covered in the search operation
Cops who visited businessman, 54, at work over ‘transphobic’ tweets acted unlawfully
POLICE who visited a businessman at work over his alleged transphobic tweets acted unlawfully, the High Court has ruled. Ex-cop and businessman Harry Miller, 54, said the actions of Humberside Poli…
CannTrust names new CEO as it works to restore licences lost from non-compliance
CannTrust Holdings Inc. says it has appointed its chief financial officer, Greg Guyatt, to be its CEO as the company works to come back from the fallout of its operation of unlicensed grow rooms.
On heels of quarterly loss, Nissan again slashes full-year outlook amid economic uncertainties
After posting only its first third quarterly loss in 11 years, Nissan Motor Co. on Thursday again cut its annual profit forecast due to weak demand and eco
Kevin Carmichael: Bombardier may have failed, but at least it tried to win
Kevin Carmichael: A humbling time for one of Canada’s great enterprises
Curtis Pritchard proves love for Maura Higgins is real with gushing Valentine's post
Curtis Pritchard's gushing tribute to Maura Higgins flies in the face of nay-sayers who believed their romance was fake, as they celebrate six months together
Council says vehicle ban a success despite business complaints
Central Dunedin businesses are up in arms about cars and buses being banned in the Octagon. The Dunedin City Council is hailing the trial closure of the landmark as a success but retailers say it has left them out of pocket and unsure of their future if any ban becomes permanent. The council is holding a series of pedestrian-only trials in the Octagon from January to late March, at the cost of $150,000. The plan is being marketed as the Octagon Experience. The current trial, which began on 27 January and finishes on Sunday, is the most widespread.
Oti Mabuse swerves Kelvin Fletcher drama on Graham Norton after Valentine's Day post
Oti Mabuse remained tight-lipped about the 3am nightcap she enjoyed with her Strictly partner Kelvin Fletcher as she starred on The Graham Norton Show
Q&A: Coronavirus likely to infect the global economy
The rapid development of China's coronavirus crisis coincided with the annual idling of much of the country's economic activity due to the Lunar New Year break, which typically runs for a week or two. ...
Northern Ireland to Scotland bridge would be 'utter waste of money', SDLP says
The proposed bridge between Northern Ireland and Scotland would be an "utter waste of public mone...
CBOT Trends - Wheat up 3-5 cents, corn mixed, soy steady-down 2 cents
CHICAGO, Feb 14 (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 - Up 3 cents to 5 cents per bushel* Some end-of-week bargain buying expected to boost wheat market. Most-active CBOT wheat contract has fallen in three of the four previous trading sessions and is on track for a weekly loss of 1.9%.
Museveni lauds Vision Group on Harvest Money expo
I applaud the Vision Group for bringing us together to learn and showcase different products and available resources and technologies for us to advance the agricultural...
Shah Rukh Khan Shares Lovey-dovey Picture With Gauri Khan on His 36th Valentine's Day, Caption Wins Hearts
Shah Rukh Khan's 36th Valentine's Day With Gauri Khan is What You Call Pure Love.
Carney says business must come clean quickly on climate
LONDON, Feb 14 — Bank of England Governor Mark Carney called on the world’s businesses to publish strategies for cutting carbon emissions and adopting cleaner power sources by November, when world leaders meet in Scotland for UN-led climate talks. “It’s not just green assets and divestment...
Binance Adds 15 Fiat Currency Options for Purchasing Crypto
Binance’s debit and credit card partner Simplex is now offering 15 more fiat currencies that are supported for purchasing Bitcoin, Ether and others.
RBS changes name to NatWest in bid to shed legacy of bailout
The majority state-owned U.K. bank RBS announced a name change on Friday as it tries to leave behind its near-collapse during the 2008 financial crisis.
Financial infidelity: 1 in 5 Canadians keep money secrets from their partner
While love is in the air for some this Valentine’s Day, a new survey finds that secrets are too with one in five Canadians admitting to engaging in financial infidelity.
Czech Republuc: Healthy economy – ABN Amro
Anke Martens from ABN Amro summarize the situation of the Czech economy which has good health. EUR/CZK trades at 24.7815 as has fallen since January.
Consumer sentiment hits highest level since 2018 despite coronavirus outbreak
American consumers were increasingly optimistic about the economy this month despite a deadly viral outbreak. The University of Michigan said Fr...
Kresna goes about business as usual despite reports of problems related to Jiwasraya
The Financial Services Authority (OJK) has denied reports that investment management firm PT Kresna Asset Management (KAM) and life insurer PT Kresna Life are under investigation by the Attorney General’s Office (AGO).
K’taka HC stays CCI probe order against Amazon, Flipkart
The respondents in the case, which are the Confederation of All India Traders (CAIT) and Delhi Vyapar Mahasangh, have decided to file an appeal against the order of the High Court with the consultation of their lawyers.
CBDT notifies forms for firms to avail lower corporate taxes
The move comes after the government had slashed corporate tax rate last year in September as a measure to boost economic activity. The base corporate tax for existing companies was brought down to 22% from the current 30% while for new manufacturing firms, the tax was reduced to 15 per cent from the current 25 per cent.
Maxar Technologies to Host Investor Briefing on March 4, 2020
WESTMINSTER, Colo. — Maxar Technologies (NYSE:MAXR) (TSX:MAXR), a trusted partner and innovator in Earth Intelligence and Space Infrastructure, today announced that members of senior management will present an overview of the Company’s business, recent financial results, and strategic priorities on March 4, 2020, beginning at 8:00 a.
The Market Place: Sky Bet Movers, Price Boosts and Trader Tip
Penny Marlow at Fakenham is the best-backed horse of the day with Sky Bet. We have all the movers, Price Boosts plus a traders' tip.
Minister: Malaysia to cut red tapes, streamline investment process
KUALA LUMPUR, Feb 14 — Malaysia will be undertaking extensive reforms of the investment process to improve the ease of doing business for both foreign and domestic investors, the Ministry of International Trade and Industry (MITI) said. “Investors can expect red tape to be cut, bureaucracy to...
SpiceJet shares climb nearly 6% after Q3 results
In the 2018 December quarter, the carrier recorded a profit of Rs 55 crore.
Bigg Boss 13: Did Asim Riaz Leave The Show After Taking The Money Bag? Truth BUSTED
Bigg Boss 13 finalist Asim Riaz is known as one of the potential winners on the show. Today, a message from Asim Riaz’s handle was shared on social media asking fans to not believe any rumours that the finalist took the money bag. With many rumours spiralling, Asim’s supporters ask fans to continue voting for their champ and make him the winner
US January industrial output falls on weather, Boeing drop
WASHINGTON, Feb 14 — US industrial production fell 0.3 per cent in January as unseasonably warm weather held down the output of utilities and Boeing Co slowed production of civilian aircraft, the Federal Reserve said today. The Fed said manufacturing production fell 0.1 per cent in January,...
Temasek arm sells Rs 204 crore Godrej Agrovet shares
The shares were offloaded on an average price of Rs 539.13, valuing the transaction at Rs 204.04 crore.
Flight centre resumes sales of SAA tickets
The insurer linked to flight centre reinstated insolvency cover for SAA.
Adani group, AAI ink pacts for managing three airports
Adani group, AAI ink pacts for managing three airports Mumbai, Feb 14 ( PTI) Adani Group on Friday inked agreements with the Airports Authority of India (AAI) for the management, operations and development of Ahmedabad, Mangaluru and Lucknow airports. "Today, as we sign the concession agreements for Mangaluru, Lucknow & A'bad with the AAI, its the beginning of another historic journey catering to India's exponential airport infra demands," Adani Group chairman Gautam Adani said in a tweet.
PAN to become inoperative after March 31 if not linked with Aadhaar: Income Tax Dept
PAN will become inoperative if it is not linked with Aadhaar by March 31, the I-T department has said.
Summer Monteys-Fullam 'slates' Paul Hollywood with Valentine's Day bed snap
Summer Monteys-Fullam appeared to take a stab at her ex Paul Hollywood on Valentine's Day as she posed with her dog
Covid-19 hits Chinese health workers as economy limps back to life
BEIJING, Feb 14 — The new coronavirus has infected 1,700 Chinese health workers and killed six, authorities said today, as businesses struggled to balance containment measures with a return from an extended post-holiday break. Authorities reported 5,090 new cases in mainland China, including more...
Plastics tax, carbon-trading cash to cover EU’s Brexit gap, officials say
BRUSSELS, Feb 14 — Top European Union official Charles Michel proposed today filling the Brexit gap in the EU’s next long-term budget with revenue from a new tax on plastics and funds from trading carbon emissions. Presenting a so-called negotiating box, which will form the basis of intense...
How to make money on YouTube: Insider tips on starting a channel
Google recently announced that its YouTube had a $15-billion year in 2019, based on advertising sales, showing the world just how huge a business the video network has become.
Fashion mogul Peter Nygard accused of rape, sex trafficking by 10 women in class-action lawsuit
Ten women have filed a class-action lawsuit against wealthy Canadian fashion mogul Peter Nygard accusing him of rape and sex trafficking, with many of them claiming they were under the age of 18 at the time of the alleged assaults.
Ants, bats and birds evicted for new German Tesla plant
BERLIN, Feb 14 — US electric car giant Tesla began clearing forest for its first European “Gigafactory” near Berlin yesterday, and is now racing against the clock to rehouse ants, birds and hibernating bats. Workers have started clearing a 92-hectare area of forest at the site in Gruenheide...
US core retail sales unchanged in January
WASHINGTON, Feb 14 — US consumer spending appears to have slowed further in January, with sales at clothing stores declining by the most since 2009, which could raise concerns about the economy’s ability to continue expanding at a moderate pace. The Commerce Department said today retail sales...
Ramaphosa plan no quick fix for SA’s energy woes
Industry experts are looking for timelines.
KLM apologizes after airliner crew's coronavirus toilet note sparks outrage in South Korea
KLM, the Dutch arm of Air France KLM , offered a public apology on Friday after a crew member sparked online outrage by posting a sign in Korean ...
Shropshire care specialist awards staff pay rises
A company has decided to smash through the current salaries for care staff and introduce pay rises of up to 55 per cent above minimum wage.
Fiat Chrysler halts production in Serbia over China disruption
MILAN, Feb 14 — Fiat Chrysler (FCA) said today it had temporarily halted production at its Serbian plant due to disruptions related to components sourced from China, where businesses have been hampered by the outbreak of a new coronavirus. Planned downtime at the Kragujevac plant in Serbia, where...
Cruise industry shuns Asia, seeking to limit Covid-19 risks
BANGKOK, Feb 14 — The plight of the cruise ship off Japan with more than 200 coronavirus infections and the shunning of another luxury liner by five ports despite no known cases has led to a sharp change in tack for an industry in shock: avoid Asia. To that end, many cruises in the region are...
S&P 500, Dow little changed amid Covid-19 worries; Nvidia forecast buoys Nasdaq
NEW YORK, Feb 14 — The S&P 500 and the Dow barely moved today, as worries over an economic hit from the coronavirus outbreak refrained investors from making big bets ahead of a long weekend, while gains in Nvidia shares kept the Nasdaq in positive territory. Adding to the downbeat sentiment...
Asian market helps Manulife and Sun Life in latest quarters
Both companies have offices in Waterloo Region
The casino hub of Macau will give residents money to keep its economy going during the coronavirus pandemic
Macau recently shut down its casinos, the city's primary industry. It has stemmed an outbreak of the coronavirus and hopes to keep the economy afloat.
Peter Nygard accused of sexual assault by 10 women in class-action lawsuit
Canadian clothing mogul Peter Nygard is facing a class action lawsuit by 10 women who have accused him of sexual assault and sex trafficking, including several who were under the age of 18 at the time of the alleged incidents.
Cosatu says SA seeks to cut 30 000 state jobs, freeze pay
That’s part of the state’s proposal to reduce its wage bill, according to the union.
Irish firm signs €40m deal to supply European and UK markets
An Irish food company has signed a €40m deal with Lidl, which will see it supply its Irish, Eur...
Journalist Makes 14-yr-Old Daughter CEO of Media Business
The popular radio journalist lost his job after a lay off exercise but lived to fight another day where he formed the...
Germany unlikely to stoke stuttering eurozone coffers
Germany entered 2020 with a flatlining economy and manufacturers in distress, leaving it ill prepared for continued trade uncertainty and the new coronavirus threat.
Forbes: Despite losing record, Phoenix Suns' value increases
Despite continuous seasons of losing records on the court, the value of Phoenix Suns increased again this year, according to Forbes, which released its annual list of National Basketball Association valuations this week.
River Island’s Irish profits jump more than 50%
Gordon Deegan Pre-tax profits at the Irish arm of fashion retailer River Island increased by 53% to €4.89m in 2018, newly-filed accounts show.
'I Didn't Reject Man Utd Because Of Money'
With Erling Haaland being arguably the most in-form striker in the world following his move to Borussia Dortmund, the Norwegian wonderkid has now dismissed claims that he rejected Manchester United to earn more money with the Bundesliga giants.
Ex-Newsweek owner dodges jail after pleading guilty in money-laundering scandal
A $35 million fraud and money-laundering scandal that ensnared Newsweek magazine and a small California Bible college wrapped up Friday with guilty pleas from two executives who had helped mastermind
Boeing to extend labor contract with engineer's union by four years
U.S. planemaker Boeing Co said it has agreed to a tentative deal with its engineers' union to extend its labor contract by another four years.
Get ready for global economy's dreadful future: Save more, work longer, and expect less
Ultra-low and negative interest rates are taking hold in countries where economic growth has been sluggish.
TRON Ecosystem Onboards Blockchain Social Network Steemit
At a time where the TRON ecosystem is trying to find new use cases, social media industry seems like taking fish to water.
'Unique opportunities' at CTI Senior College of Further Education , Clonmel
Thinking about college? Or a career? Working through all the third-level courses and career options available to school leavers can be daunting. With much of the focus for Leaving Certificate st...
Rand firmer after Ramaphosa’s speech, stocks flat
South Africa’s rand firmed on Friday after President Cyril Ramaphosa set out brief plans to stimulate economic growth during his state of the nation address, although his speech was short on specifics and timeframes.
German economy stagnates as eurozone growth reaches 7-year low
Germany, Europe’s largest economy, has recorded a zero growth between October and December, as manufacturing remained in a slump and exports fell.
'Money mules' arrested
Investigators have arrested an Ontario-based married couple accused of acting as "money mules" in the Canada Revenue Agency phone-and-internet scam, Mounties announced Friday, hailing the move as a significant development in their ongoing fight against the widespread scheme.
Frederick Koch, low-profile Koch brother, dies at 86
Frederick Koch, who kept a low profile as an arts benefactor rather than joining the family oil business that became Koch Industries, has died, according to the New York Times. He was 86.
CBDT notifies forms for firms to avail lower corporate taxes
The income tax (I-T) department has notified forms for companies to avail the reduced corporate tax rates that were announced in September last year. The Central Board of Direct Taxes (CBDT) has
Canopy Growth shares surge after reporting smaller-than-expected loss
To pacify investors impatient for profits, Canopy and its rivals started the year by announcing a wide range of cost reductions
Farmers urged to stick heads above parapet to build trust
Farmers and those working in the agriculture industry must get better at telling their story as a means of building public trust in the sector and the goods it produces.
BusinessLine wins ANMI award
The Hindu BusinessLine won an award in the “Most Diversified Coverage-Newspaper” category at a ceremony organised by the Association of National Exchanges Members of India (ANMI) in New Delhi on Frida
CPP Investment Board posts 3.6 per cent rate of return for its third quarter
The Canada Pension Plan Investment Board says it earned a return of 3.6 per cent during its most recent quarter, after expenses.
China’s coronavirus death toll rises to 1,380
Hits 1,700 health workers, and takes total number of infected to 63,851
The Newsette Launches ‘Relationship’ Feature, Touts Sponsorship Model
Daniella Pierson, founder and ceo of The Newsette, has developed a "shared values" sponsorship program.
Google-backed Digital Academy hailed a huge success
A four-month Shropshire Digital Skills Academy supported by Google has been hailed a massive success – with plans already in place to run it again later this year.
Washington Extends US Companies’ Cooperation With Huawei for Another 45 Days
Washington formally blacklisted Huawei in May 2019, but the Treasury has since repeatedly prolonged licences allowing US companies to do some business with the Chinese tech giant.
EOBI increases pension money from Rs 5250 to Rs 8500 per month
EOBI increases pension money from Rs 5250 to Rs 8500 per month
Chinese Stocks Rise for 7th Consecutive Day Amid Coronavirus Infection
Chinese stocks rose for a seventh day on Wednesday, coinciding with the continuous decline in new confirmed cases of novel coronavirus infection for eight days on the Chinese mainland outside Hubei province. The development signaled an easing of investors' concerns over the viral outbreak's negative impact on economic growth, according to analysts.
Asian shares aim for second week of gains amid virus scare
Global shares eased on Friday, as investors were spooked by a sharp rise in the number of coronavirus cases in China this week while oil prices ...
German EcoMin: Economy is still experiencing a period of weakness
The German Economy Ministry is out with its assessment of the economy after the fourth quarter 2019 GDP showed stagnation. Key Quotes: German economy
European shares hit record even as coronavirus shows no signs of peaking
Stock markets across the world ticked higher on Friday, even as investors debated whether China's coronavirus outbreak would cause long-lasting ...
German economy stagnated in fourth quarter
FRANKFURT — Growth ground to a halt at the end of the year in Germany, Europe’s largest economy, as manufacturing remained in a slump and exports fell. The figure underlines the challenge facing the eurozone.
Myntra names its new chief technology officer
Flipkart and Myntra together control about 70% of the online fashion market share in the country. According to Myntras new CTO Raghu Krishnananda, fashion ecommerce penetration is expected to reach 15% of the total fashion spend in the country in 2020.
Euro skids to new low ahead of GDP data, dollar shines
LONDON, Feb 14 — The euro eased to another nearly three-year low today as investors worried about slowing growth momentum in the euro zone ahead of an estimate of how its economy performed in the fourth quarter. The European single currency has lost 1 per cent so far this week and is on track for...
Shares step back as hopes of early end to coronavirus fade
Global shares eased on Friday, as investors were spooked by a sharp rise in the number of coronavirus cases in China this week while oil prices ...
South Africans describe the pain of unemployment
A lack of social support by the community and public social welfare agencies make the experiences worse.
Sarb moves to sell stake in African Bank
Sarb sees the disposal process being completed within 18–24 months after a suitable buyer is identified.
James Haskell slammed for 'disgusting' joke about Jacqueline Jossa bikini snap
James Haskell made a cruel joke about people with disabilities on a photo of Jacqueline Jossa, and he's received a massive backlash
Talking about finance can temper the flames among couples
But not communicating money goals and values on a regular basis can lead to secrecy, resentment and blame in a relationship
Inside Ruth Langsford and Eamonn Holmes' sizzling sex life and that 50 Shades confession
This Morning hosts Ruth Langsford and Eamonn Holmes aren't shy when it comes to dishing on their bedroom antics
Ramaphosa unveils overhaul of South African energy industry
The government will invite private companies to submit bids to supply additional renewable energy to the grid.
Chips are down as Toshiba logs ¥145.63 billion loss for April-December
Toshiba Corp. said Friday it posted a group net loss of ¥145.63 billion ($1.32 billion) in the April-December period due to the sluggish performance of its
Kelvin Fletcher celebrates Valentine's Day with wife Liz amid Oti Mabuse drama
The former Emmerdale star took to Instagram to share a sweet tribute to his wife as well as an adorable card he received from his three-year-old daughter Marnie
BOE’s Carney sees silver lining after Brexit hit to UK economy
The outgoing Bank of England (BOE) Governor Mark Carney warned over the economic risks of the UK leaving the European Union (EU), in an exclusive inte
Despite swelling revenue deficit, Tamil Nadu presents a tax-free Budget
Drop in Centre’s share causes strain
Cryptocurrency Boosts Illicit Gambling on Asian Soccer Leagues
Cryptocurrency has purportedly helped to increase illegal gambling activity on soccer across the Asian continent.
7 ways supermarkets try to tempt you into spending more money
Wonder why you always end up making impulse buys at the supermarket? Here’s some of the tactics they use to get shoppers to part with more cash.
Hundreds turn up for Harvest Money expo
One of the trainers Benedict Rwakabale, called on farmers to come and learn various skills in farming.
Canada: Housing market is back – NBF
Economists at the National Bank of Canada Financial markets summarize the situation of the Canadian housing market which has recovered since a year ag
Bursa Malaysia ends higher on news of stimulus package
KUALA LUMPUR, Feb 14 — Bursa Malaysia ended higher today as market sentiment was lifted following news that the government will unveil an economic stimulus package to address the Covid-19 outbreak on February 27. At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 5.30 points to its intraday...
Govt willing to do more beyond Budget to boost growth: Nirmala Sitharaman
Sitharaman said that if required, the government would take more steps beyond Budget announcements.
Mike Novogratz’s Galaxy Digital Slashes 15% Staff
Galaxy Digital, a crypto merchant bank established by Michael Novogratz, has cut its staff by 13 - around 15 percent of its total workforce.