Economy 1042
Dozens suffer losses in sham cryptocurrency scheme in Masaka
fraud
Israeli clean fuel cells aim to slash diesel pollution
GenCell’s hydrogen-powered generators can provide power to people lacking centralized electricity and do good for the environment at the same time.
Highlights of the day: Memory maker slows fab construction
Although the memory market looks to be heading towards a recovery in 2020, suppliers are cautious about expanding supply. Winbond is building a new plant in Kaohsiung, southern Taiwan, with completion originally slated for year-end 2020 and commerical production for 2021. But now the company has now to January 2022. Meanwhile, ASE reportedly is the one providing semiconductor for packaging Qualcomm's freshly launched Arm-based processors for notebooks.
Pound-Australian Dollar Forecast: Fresh Three-Year Highs Ahead says Analyst
The Pound-to-Australian Dollar exchange rate trades at a new three-year high on Monday, December 03. amidst an ongoing lift in the broader Sterling complex
Nissan likely to be fined $22 million by Japan's markets watchdog
Japan's markets watchdog will likely recommend soon that the financial regulator fine Nissan Motor Co Ltd about 2.4 billion yen ($22 million) over false reporting on its financial statement, public broadcaster NHK reported on Sunday. Nissan's former Chairman Carlos Ghosn was arrested in Tokyo in November last year over allegations of financial misconduct, including understating his salary by around 9.1 billion yen ($84.71 million) over a period of nearly a decade and temporarily transferring pe
Lender Amigo's chief executive quits after less than five months in charge
The chief executive of high interest rate lender Amigo, Hamish Paton, has resigned this morning after less than five months in the job.
OKEx Prepares to Launch USDT-Margined Perpetual Swap Trading, Announces TMMR Risk Management Feature for Spot Margin Trading
OKEx, the leading global cryptocurrency futures exchange platform has announced that it is going to soon launch its USDT Margined Perpetual Swap Trading
Rakesh Jhunjhunwala voices support for Fortis-IHH deal, says no link to Singh brothers
Expressing shareholders' concerns over lag in IHH's planned open offer for Fortis, Rakesh Jhunjhunwala stressed that the deal was "fair" and IHH should conclude it since the open offer has been pending for a year
USD/CAD consolidates in a range, around mid-1.3200s
The USD/CAD pair extended its sideways consolidative price action through the early European session on Monday and remained confined in a narrow tradi
Fife railway enthusiasts to bring UK’s oldest industrial locomotive back into use
A locomotive which was the oldest in industrial use in the UK will be back on the tracks next year after being gifted to Fife railway enthusiasts.
Banks must stick to their core functions
Diversification into long-term financing, insurance, mutual funds and share broking have affected their performance
Shares, Commodity, Rupee Market LIVE Updates: Sensex up 100 points, Nifty over 11,950 led by auto, metal stocks
Share Market, Sensex, Nifty, BSE, NSE Share Price Today Live Updates: Catch all the LIVE market action here.
Tesco shares soar as investors salivate over potential sale of Asian division
Analysts believe the sale of the Thailand and Malaysia division could bank Tesco up to £7.2bn.
QNB to embrace digital transformation
Abdulla Mubarak Al Khalifa, Acting Group Chief Executive Officer of QNB said yesterday that Qatar’s banking sector is well capitalised, with high asset quality and robust profitability. The capital adequacy ratio stands at 17 percent, well above Basel III guidelines. Asset quality remains high with non-performing loans (NPLs) at 1.9 percent, one of the lowest in the region. Profitability remains solid with returns on equity (RoE) over 15 percent, he said while addressing The Euromoney Qatar Conference.
Health and safety probe rules no action needed after A9 worker crushed by falling cabin
Health and safety chiefs have recommended no further action after a probe into an industrial accident on the A9 near Perth.
Tighter climate rules seen erasing US$2.3 trln in firms’ value
Tighter government climate regulations by 2025 could wipe up to US$2.3 trillion off the value of companies in industries ranging from fossil fuel producers to agriculture and car makers, an investor group warned, Reuters reports. Any abrupt policy shifts risk severely disrupting current investment strategies, Principles of Responsible Investing (PRI), a group representing investors with…
Strategie Grains sees 2020 EU rapeseed crop at 18.5 mln T
PARIS, Dec 9 (Reuters) - Consultancy Strategie Grains forecast that rapeseed production in the European Union would reach 18.46 million tonnes next year, rebounding from a 13-year low of 16.85 million this year.The 2020 crop forecast would still be one of the smallest in recent years after a drought-disrupted sowing campaign in western Europe. It was in line with Strategie Grains' initial outlook last month which said next year's output might not reach the 19-million-tonne level.
China says hopes to reach trade deal with US as soon as possible
China said it hopes to make a trade deal with the United States as soon as possible, Reuters reports. “On the question of China-US trade talks and negotiations, we wish that both sides can, on the foundation of equality and mutual respect, push forward negotiations, and in consideration of each others’ core interests, reach an…
China’s Cutting-Edge PCL191 Multiple Launch Rocket System in Strategic Proximity to Taiwan – Reports
The new PCL191 system is understood to be capable of destroying multiple strategic targets such as airports, command points, and supply bases. One of the locations it is reportedly stationed at now is Xiamen in Fujian Province, just a stone’s throw away from Taiwan.
UNILORIN, firm sign 21-year land lease agreement
The MOU was signed by Mr Indimi and Vice-Chancellor of UNILORIN, Jubril Oyelekan, at the Maiduguri office of OER Farm Ltd last week.
Qatar Petroleum announces implementation of ICV Policy from January ’20
Qatar Petroleum (QP) has announced the implementation of the In-Country Value (ICV) Policy in the Energy Sector starting from January 2020 through Tawteen, the localization programme for services and industries in Qatar’s energy sector.
German exports rise in October, defying expectations
BERLIN (AP) - German exports posted a second consecutive month-on-month increase in October, defying economists' expectations of a slight decline.
Saxo Bank Reports Worst Monthly FX Volumes in 4 Years
Saxo Bank posted a month-on-month drop across the board for foreign exchange, commodities, fixed income and equities trading volumes in November.
Market Pulse on December 6th
S&P 500 3145,91 +28,48.
Altron acquires identity security firm Ubusha for R360m
Once integrated, Ubusha will merge with Altron’s existing Cybertech to form Altron Security Solutions.
Special report: We need more than GDP growth (part 1)
Why measuring GDP is not enough.
The best and worst regional housing markets
CoreLogic names the best and worst performing regions in the country.
5 Cryptocurrency Trading Tips (By a Trader)
The difference between an unprofitable or slightly profitable trader, and a wildly profitable cryptocurrency trader, are often just a few tiny tweaks to the trader’s mentality and strategy.
Load Shedding: Tips To Make Sure Your Home Security System Keeps Operating
Home owners have been urged to test their security systems as a matter of urgency and to pay particular attention to the battery back-up systems during load shedding periods, in the wake of Eskom’s announcement of stage 4 load shedding. “Many people are under the incorrect assumption that their home alarm system is deactivated when […]
Asian markets subdued ahead of key US-China tariff deadline
Asian stocks edged up on Monday following surprisingly strong US jobs data, but gains were subdued amid concerns over the [...]
Ericsson pays over USD 1 bln to resolve bribery charges in the US
Ericsson has agreed to pay USD 520.6 million and USD 458.4 million (plus pre-judgement interest of USD 81.5 million) to settle bribery charges brought by the US Department of Justice (DoJ) and Securities and Exchange Commission (SEC), for a total of over USD 1 billion. CEO Borje Ekholm said the Ericsson can move forward and build a stronger company.
Irish skincare company Integumen raising £1.4m from share placing
Company to use funds to help boost revenues as it looks to double size of its laboratory
Cardi B reportedly received N1.8b to perform in Nigeria and Ghana
Reports which has since surfaced on the internet suggests that American rap star, Cardi B was reportedly paid a whooping N1.8 billion to perform both in Lagos, Nigeria and Ghana.
India: Analysing the fiscal impact of income tax cuts – Standard Chartered Bank
Economist at Standard Chartered Bank offered their take on the fiscal impact of an expected personal income tax cut – aimed at boosting consumption de
Manateq awards QR1.5bn project to GWC
Manateq (Economic Zone Company-Qatar) announced yesterday at a press conference that it has awarded the Al Wukair Logistics Park development project to Gulf Warehousing Company (GWC), Qatar’s leading logistics provider.
The no-flush movement: the unexpected rise of the composting toilet
We squander masses of clean water flushing away our own waste instead of using it as fertiliser. But a lavatorial eco revolution has now begun
VA Tech Wabag executes TTRO plant for Chennai Metropolitan Water Supply
This is one of the largest and technologically advanced water reuse plants in India
LHC to hear Maryam Nawaz's petition for removal of name from ECL today
December 09: Pakistan and Qatar formalize a preferential trade agreement (PTA) and Free trade agreement (FTA) to improve bilateral trade and ties between two nations. Read More
Naspers spin-off Prosus ups Just Eat offer to £5.1-billion
Naspers spin-off Prosus has raised its bid for UK food delivery firm Just Eat as it tries to win over investors and beat out an offer from rival Takeaway.com.
Blockchain Technology And Mobile Apps In 2020
Blockchain technology has the power to revolutionise all corners of tech and the future of blockchain and mobile apps in the future is promising.
Big investors up call for governments to take climate action
MADRID (AP) - More than 600 institutional investors managing a whopping $37 trillion in client assets called Monday for governments to step up their efforts against climate change.
AEDC: We cannot avoid VAT from meter cost - The Nation Newspaper
Following the complaint about the surreptitious manner in which the Abuja Electricity Company (AEDC) has raised the cost of meters, the power firm's ...
Government debt is not a free lunch
With interest rates on government debt at multi-decade lows, a number of leading economists have argued that almost every advanced economy can allow debt to drift up toward Japanese levels (over 150 percent of GDP even by the most conservative measure) without any great concern about long-term consequences. Advocates of much higher debt might be…
Carnival Corporation’s Costa Cruises welcomes LNG-Powered Costa Smeralda to fleet
MIAMI – Costa Cruises, the Italian brand of Carnival Corporation & plc officially took delivery today of Costa Smeralda, the brand’s first ship powered by liquefied natural gas (LNG), the marine industry’s most advanced fuel technology. The handover ceremony was held at the Meyer shipyard in Turku, Finland, where the brand’s new flagship was built. Costa Smeralda becomes Carnival Corporation’s fourth new ship of 2019 and its second LNG-powered ship. Costa Smeralda is the first of two new sister ships for Costa
Ethiopian Group CEO named ‘Airline Executive of the Year’ by CAPA
ADDIS ABABA - Ethiopian Airlines Group CEO Mr. Tewolde GebreMariam has been recognized as ‘Airline Executive of the Year’ at the annual Global Aviation Awards for Excellence organized by Centre for Aviation (CAPA) in Malta on 5th December 2019. Mr. Tewolde GebreMariam won the title for his commendable individual influence on the aviation industry, demonstrating outstanding strategic thinking and innovative direction for the growth of Ethiopian Airlines and the aviation industry at large. Commenting on the accolade, Mr. Tewolde GebreMariam said,
Lagos to eradicate wastes generated from construction, demolition
The Lagos State government has launched the Construction, Demolition and Disaster Waste (CDDW) of the Lagos Waste Management Authority (LAWMA)
GBP/USD: A close above 1.3187 is pivotal – Commerzbank
In the view of Karen Jones, an analyst at Commerzbank, the GBP/USD pair is looking northwards on the UK election, with the bias to be confirmed on a c
International Breweries opens N164b rights issue - The Nation Newspaper
International Breweries has opened application list for its N164 billion right issue, in a major recapitalisation that will see the Belgian core ...
2019 Science Forum shines spotlight on local tech
The science and innovation ministry wraps up 5th Science Forum, which focused on taking local innovations to market.
German exports rise in October, defying expectations
BERLIN (AP) - German exports posted a second consecutive month-on-month increase in October, defying economists' expectations of a slight decline.
A cancer-drug developer's stock just surged more than 100% after Merck agreed to a multi-billion-dollar takeover
Cancer-drug developer ArQule skyrocketed as much as 102% in early Monday trading after Merck agreed to acquire the company in a $2.7 billion tak...
Farmers blockade Tesco in ongoing row about beef prices
IFA president says supermarket’s half-price beef sale is an ‘insult to farmers’
Crypto Analyst Calls Big Bitcoin Breakout in Three Days – BTC, XRP, Ripple, Litecoin Newsflash
A crypto analyst known in the industry as The Cryptomist says Bitcoin may be poised for a big breakout. In a series of tweets to her 43,000 followers, the analyst says BTC appears to be in an ascending triangle and could breakout in a matter of days.
European shares flat as China data stokes slowdown worries
(For a live blog on European stocks, type LIVE/ in an Eikon news window)Dec 9 (Reuters) - European stocks were flat on Monday as new data from China signalled a slowdown in the world's second-largest economy, stoking fresh concerns about slowing global growth.The pan-European STOXX 600 index was trading flat at 0803 GMT, after closing more than 1% higher on Friday following a robust U.S. jobs report.
PPP forum on exporting smart transport infra to be held
A forum on public-private partnerships for the export of smart technology-based public transport infrastructure is set to be held in Seoul on Thursday, the Seoul City government said Monday. Hosted by the Seoul Metropolitan Government, the forum will look at emerging trends in smart transport systems, Seoul’s smart transport policies and the municipality’s support for private companies looking to br...
12 LGUs receive DOH-Calabarzon’s Gintong DALOY award
The Department of Health (DOH)-Calabarzon recently awarded the first “Gintong DALOY” (Damayan para sa Aksyong Linis, Oportunidad at Yamang pangkalusugan) Award to 12 local government units (LGUs) in Quezon province.
FMBN has low capital base – MD
The FMBN does not have a strong capital base and this is affecting the availability of low-cost housing in Nigeria.
Shakti Pumps hits 52-week low as CARE downgrades bank facilities
The outlook for the long-term rating of the company has been revised from 'Stable' to 'Negative'.
Taiwan urged to ease rules to attract AI talent
To tackle ongoing brain drain, Taiwan businesses are keen on adopting AI solutions to accelerate operation upgrades and transformations, but what counts more is how they can attract more high-level foreign AI and other tech professionals to work in Taiwan to sustain innovation momentum, according to some experts.
AUD/USD slides to 0.6820 horizontal support
The AUD/USD pair refreshed daily lows during the early European session on Monday and is currently placed near the 0.6820 horizontal support. The pair
Big investors up call for governments to take climate action
MADRID (AP) - More than 600 institutional investors managing a whopping $37 trillion in client assets called Monday for governments to step up their efforts against climate change.
Tesco leads FTSE 100 risers as it weighs up Asia sale
Shares in Tesco rose more than five per cent in early trading as investors welcomed reports that the company is exploring a sale of its Asian businesses.
Keysight Reports A Strong Quarter
Keysight Technologies reported a fiscal fourth quarter that beat analyst expectations.Fiscal 2019 saw adjusted operating income more than double from 2018.The valuation is attractive as the company's
Abyssinia Bank makes one billion birr profit
Bank of Abyssinia, one the private banks in Ethiopia, makes the biggest gross profit in the Bank’s history, 1.02 billion birr (close to $32.8 million at the current exchange rate), for the financial year concluded June 30, 2019.
Airbnb invests as Zeus corporate housing raises $55M at $205M
As Airbnb absorbs more and more of the demand for housing, it’s exploring how to monetize opportunities beyond vacation rentals. A marketplace for longer-term corporate housing could be a huge business, but rather than build that itself, Airbnb is making a strategic investment in one of the market leaders called Zeus Living, which will list […]
Foreign capital inflows into telecoms rise by $659.03m
The country’s desire to deepen broadband penetration nationwide is hinged on capital investment into the telecom sector. IFE OGUNFUWA examines how the sector has fared in investment in the past two...
LHC to hear Maryam Nawaz's petition for removal of name from ECL today
December 09: Russian company Gazprom is set to initiate the feasibility study in the first quarter of 2020 for laying down undersea pipeline starting from Persian Gulf to Pakistan, India and Bangladesh initially that will ultimately end to China after touching Myanmar and Thailand, a senior official of the Petroleum Division privy to the development told The News.
Invest In Crypto Stocks Instead Of Actual Cryptocurrency
Just a few short years ago, buying up cryptocurrency was all the rage. In theory, you could spend a little on Bitcoin or one of the other popular cryptocurrencies, and cash out with an astonishing rate of return....
Jeff Bezos Says Big Tech Companies Should Ignore Employee Outcry and Partner With the U.S. Government
The U.S., he says, is 'the good guys.'
Bristol-Myers Squibb Co (NYSE:BMY) Given Consensus Recommendation of “Buy” by Brokerages
Bristol-Myers Squibb Co (NYSE:BMY) has been given a consensus recommendation of “Buy” by the nineteen research firms that are covering the company, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation, five have issued a hold recommendation and eleven have given a buy recommendation to the company. The average 12-month target price […]
ADB, Pakistan sign $1.3 billion loan agreement
Federal Minister for Economic Affairs Hammad Azhar was present on the occasion.
Stocks slip as investors weigh outlook for US-China trade
Tokyo (AP) - Stock markets weakened during European trading on Monday as investors weighed the possibility of more U.S. tariffs on China and the outlook for negotiations on the trade dispute.
UBank adopts Basiq's AI-powered tools to help Millennials budget
Open banking will help the NAB subsidiary crunch data to help younger customers save more.
Government nickel ore export ban to hit newly listed company
From its exports in 2018, Ifishdeco earned Rp 365 billion (US$26 million), more than double the Rp 140 billion pocketed from domestic sales.
17 habits of self-made millionaires who retired early
It takes a lot of diligence and dedication to retire early as a self-made millionaire.
Payday lenders have embraced installment loans to evade regulations – but they may be even worse
Use of installment loans has grown dramatically in recent years – all without the regulatory scrutiny that tamped down on abuses in the payday loan market.
The Fed's recent repo crisis was the fault of big banks and hedge funds, new study finds
September's repo-rate spike was driven by big banks and hedge funds, the Bank for International Settlements wrote in a report released Sunday. T...
Exercise your way to a lower insurance premium
It’s just what your doctor prescribed — stay fit, reduce premium on your health policy
SIPRI: Global arms industry sales up 4.6% worldwide, U.S. companies dominate Top 5
For the first time since 2002, the top five spots in the ranking are held exclusively by U.S.-based arms dealers.
Pakistan, Asian Development Bank sign loan agreement worth USD 1.3 billion
On Friday, the bank said it has approved a USD 300 million policy-based loan that will help Pakistan to address financial sustainability, governance, and energy infrastructure policy constraints in country's energy sector.
CEOs call for fiscal stimulus
Australia's top business leaders say infrastructure spending, tax cuts and investment breaks should be used to boost sluggish growth.
You won't need to be techy to work in tech
The top 15 emerging jobs say LinkedIn shows the rise of tech jobs that are open to anyone, as soft skills rise in importance alongside technical ability.
With No Revenue or Approved Treatments, Ocugen Stock Is a Clear Sell
Because if you do, you’ll probably lose all your principal and a tax deduction would then be the only benefit to owning OCGN stock.
Boeing is promising 3 fixes to the faulty system behind the 737 Max crashes to let pilots stop it from forcing the plane into an unstoppable nosedive
MCAS, which was designed to automatically push the plane's nose down to stabilize it, was identified as a key factor in both 737 Max crashes.
Becoming a Great Business Leader: 7 Communication Secrets
Good leaders are excellent listeners and know how to convey their message clearly and confidently.
CEOs want urgent action to boost economic growth
Chanticleer's annual survey of 40 CEOs has uncovered some sage advice for government on how to kick-start the economy.
Blockchain: Tim Draper Backs VC Goren Holm Ventures, Firm Rebrands as Draper Goren Holm
Prominent venture capitalist and blockchain proponent Tim Draper has backed LA-based blockchain-focused venture firm. Goren Holm Ventures has received an invest
Centre Proposes Rs 33 Crore Grant For Project NETRA To Secure Its Satellites And Other Assets In Space
India must have the same capability as the US and Russia to assess threats from space debris and other hazards
Peony (PNY) Achieves Market Cap of $21,714.00
Peony (CURRENCY:PNY) traded down 1.2% against the dollar during the 1-day period ending at 8:00 AM Eastern on December 9th. During the last week, Peony has traded 5.6% higher against the dollar. Peony has a market cap of $21,714.00 and $267.00 worth of Peony was traded on exchanges in the last 24 hours. One Peony […]
Met Office issues yellow weather warning, with 'strong winds' expected in Greater Manchester
The warning includes Greater Manchester
Magenta Therapeutics (NASDAQ:MGTA) Receives Neutral Rating from Goldman Sachs Group
Goldman Sachs Group reaffirmed their neutral rating on shares of Magenta Therapeutics (NASDAQ:MGTA) in a research note issued to investors on Friday, BenzingaRatingsTable reports. The brokerage currently has a $18.00 price objective on the stock. MGTA has been the subject of several other reports. ValuEngine cut Magenta Therapeutics from a hold rating to a sell […]
Things Are Going from Bad to Worse for Aurora Stock
Does Aurora Cannabis stock offer an intriguing, compelling trade? Yes. However, realistically getting to that point is a major problem.
Bloomberg Lists Top Cryptocurrencies of 2019: Bitcoin Comes in Second, With XRP And Stellar Lagging Behind
Bitcoin had a big 2019, with a 101% jump in price from $3,742 to $7,537 at time of publishing, according to CoinMarketCap. But despite its blockbuster performance, Bitcoin is not the number one crypto asset of the year, in terms of performance.
Smell and health worries over chicken farm plan
Opponents of a proposals to build a 120,000-chicken farm in Llangadfan say the area is already struggling to cope with intensive farming practices.
Saudi International Motor Show 2019 begins today
Saudi Arabia’s newly merged bank is reaffirming its commitment to inclusivity to mark UN’s International Day of Persons with Disabilities, observed globally on Dec. 3. For more than 10 years, Alawwal Bank and SABB have helped thousands of disabled people in the Kingdom, now as one bank, it aims to take new steps to further this legacy of support.
How a few common financial mistakes are costing small businesses
Stats and experts reveal that a few common mistakes in financial management are often proving to be heavy for small businesses all around. Some of the issues ar...
How to empower small businesses in Pakistan
Marketing, payments and logistics are essential for small businesses to have sustainable exports
GBP/USD price analysis: Cable hanging near seven-month highs below 1.3180 key resistance
The market is hanging near seven-month highs, flirting with levels last seen in early May 2019. In the New York session, the market is trading flat just above
Comstock Metals (CVE:CSL) Sets New 12-Month Low at $0.02
Shares of Comstock Metals Ltd (CVE:CSL) hit a new 52-week low on Monday . The company traded as low as C$0.02 and last traded at C$0.02, with a volume of 100000 shares traded. The stock had previously closed at C$0.02. The firm has a market cap of $1.39 million and a P/E ratio of -0.30. […]
NSE raises Sh8.7mn to support cancer control initiatives
NAIROBI, Kenya, Dec 9 - The Nairobi Securities Exchange raised Sh8.7 Million in cash and in kind in its fifth annual Charity Trading Day bringing the total amount raised over the course of five years
Bitcoin Price Fills $7.5K Futures ‘Gap’ as Trader Weighs $8K Potential
Mixed performance over the weekend nonetheless failed to inject volatility into Bitcoin markets, with attention now focusing on preserving support at $7,400.
Boris Johnson casts fresh doubt on '£100billion' HS2 rail project saying it will cost 'an awful lot of money'
Boris Johnson hinted at a rethink on the massive scheme - which would affect his own Uxbridge constituency - saying the government would review whether funding could be 'better spent'.
Bitcoin Climbs 2 Spots on China’s Latest CCID Ranking
China's Center for Information and Industry Development once again published a new list of its crypto ranking index, pushing Bitcoin 2 spots higher than
A Framework for Regulating Competition on the Internet
Understanding the differences between platforms and Aggregators is critical when it comes to considering regulation.
23 Enforcement Orders issued on Irish food businesses last month
The Food Safety Authority of Ireland today reported that during the month of November, 21 Closure Orders, and 2 Prohibition Orders were served on food busine...
Hormel: Great Dividend Grower, But Significantly Overpriced
HRL is a dividend aristocrat, with 50+ consecutive years of annual dividend increases.However, the company posted negative EPS growth in 2019 and analysts expect that trend to continue into 2020.HRL h
OKEx to Launch Crypto Options Trading Later This Month
Crypto exchange OKEx on Monday announced its plan to launch a crypto options trading platform.
Electronics Deals – December 9, 2019: Anker, Dash, Crest & More
Today only, Amazon is selling Anker charging accessories for up to 40% off of their regular price. As part of its Gold Box Deal of the Day. Making it a
ACWA Power establishes new business unit in KSA
Nejree, an online sneaker retailer in the GCC, has raised $4 million in pre-Series A funding led by Alkhaila Investment Company, and Teejan Technologies Company. The new capital is expected to further fuel the Saudi-based startup’s expansion into new markets and investment in technologies to enhance online customer experience. The fund will also help to increase inventory,
Digital economy's environmental footprint threatens the planet
Dec. 9 (UPI) -- Modern society has given significant attention to the promises of the digital economy over the past decade. But it has given little attention to its negative environmental footprint.
4 Cybersecurity Stocks to Buy for Long-Term Gains
Secular tailwinds underpinning the cybersecurity market remain as favorable as ever, meaning these four cybersecurity stocks are good buys.
Zen Protocol (ZP) Hits Market Capitalization of $736,884.00
Zen Protocol (CURRENCY:ZP) traded 8.6% higher against the U.S. dollar during the 1-day period ending at 8:00 AM ET on December 9th. Zen Protocol has a market capitalization of $736,884.00 and approximately $2,007.00 worth of Zen Protocol was traded on exchanges in the last day. One Zen Protocol coin can currently be bought for approximately […]
Banks could face forced legacy systems cull
RBA floats closure of direct debits for real-time automation.
Patterson Companies (NASDAQ:PDCO) PT Raised to $22.00
Patterson Companies (NASDAQ:PDCO) had its target price hoisted by Robert W. Baird from $19.00 to $22.00 in a research report report published on Friday, AnalystRatings.com reports. Robert W. Baird currently has a neutral rating on the stock. PDCO has been the subject of a number of other reports. Wolfe Research set a $17.00 target price […]
Scott Morrison doesn't know the meaning of productivity
Productivity won't save the economy when wages and demand growth have hit the floor.
UP govt clears plan to induct 700 electric buses in 14 cities across state
Singh said Rs 250 crore will be incurred in the operation of these buses of which Rs 120 crore will be realised through sale of tickets.
Tata Steel Asks LGBTQ+ Employees To Declare Partners, Avail HR Benefits
In a unique move, Tata steel on Monday asked their employees from LGBTQ+ community to declare their partners and avail HR benefits
Japan’s 2nd-Largest Utility Trials Blockchain for Renewable Energy Credits
The second-largest power utility in Japan is extending its trial of a blockchain-powered system for transacting renewable energy credits.
South Africa hit by massive power cuts as floods disrupt supply
Worst outages in a decade after heavy rains cause power stations to fail
A cancer-drug developer's stock just surged more than 100% after Merck agreed to a multi-billion-dollar takeover, Business Insider - Business Insider Singapore
Business Insider - Merck offered $20 per share in the all-cash bid, more than double ArQule's Friday closing price. The deal is expected to close in early 2020.. Read more at businessinsider.sg
Legaltech: India’s Lawyered, a Legal Technology Company, has Raised $100,000 from Angel Investors
Finding a good law firm to work with can be challenging, however, Lawyered aims to make it simpler, easier and faster to get the legal services companies may ne
Lies, damn lies and superannuation
It’s fair to say that Industry Super Australia (ISA) has a vested interest in raising the superannuation guarantee (SG) from the current 9.5% to 12%, since this would result in more funds under management to ‘clip-the-ticket’ on, and more fee revenue.
Plans to privatise BPCL suicidal for nation, says PSU officers' union
The officers union was not opposed to private competition but they should not be handed on a platter assets set up over years.
Fireangel Safety Technology Group (LON:FA) Sets New 52-Week Low at $9.50
Fireangel Safety Technology Group PLC (LON:FA) shares hit a new 52-week low during trading on Monday . The company traded as low as GBX 9.50 ($0.12) and last traded at GBX 9.50 ($0.12), with a volume of 1807590 shares traded. The stock had previously closed at GBX 12.75 ($0.17). The stock has a market capitalization […]
Swedbank rejigs management structure; Baltic banking head leaves
Mubasher: Swedbank announced on Monday that its chief risk officer will leave, in the framework of the Swedish lender’s plan to revamp its structure.
Near Space Labs releases high-resolution imagery API
Near Space Labs unveiled an application programming interface Dec. 9 offering access to high-resolution imagery captured by cameras on weather balloons.
How much do workers in Switzerland earn - and which jobs are the best paid?
Wages are high in Switzerland - which is just as well due to the sometimes prohibitive cost of living. But how much on average do Swiss people actually earn - and which jobs are the best paid?
Stay ahead of your competitors with these tips
You will only achieve success if you run your business on your own terms, and not fall prey to chasing after rivals in your industry.
The 5 Best Industrial Stocks to Buy for 2020
Assuming the economy avoids a protracted slowdown next year, these companies' catalysts could deliver strong gains for investors.
Test your skills and win prizes when you take the new Developer Economics survey!
Where is the developers’ world heading in 2020 and beyond? Take the Developer Economics survey Q4 2019 to share your thoughts and you could win one of many awesome prizes!
Kazakhstan plans more than $1 billion in fresh aid to banks: Sources
Kazakhstan plans to provide more than $1 billion in aid to at least four local banks after an asset quality review revealed holes in their balance sheets that require capital injections, two sources familiar with the plans told Reuters.
Buhari directs accountant-general, MDAs to make daily financial inflows public
Nigeria President Muhammadu Buhari on Monday directed ministries, departments and agencies of the government to publish daily treasury summary statements of financial inflows and outflows. President Buhari, represented by the Minister of State for Niger Delta, Tayo Alasoadura gave the directives at the official launch of the Financial Transparency Policy and Implementation Guidelines by the […]
Amazon India bets on vernacular, voice & videos to help sellers boost sales
Amazon also announced its partnership with CII to conduct awareness workshops and training in pre-identified locations to enable small and medium businesses start their e-commerce journey.
SMBs’ Late Payments Pain Spreads Across Borders
Kenya, South Africa, Romania, the U.K. and Australia are all struggling with late invoice payments to small businesses, new data reveals.
Critical Comparison: Standard Chartered (OTCMKTS:SCBFF) & Hanmi Financial (OTCMKTS:HAFC)
Hanmi Financial (NASDAQ:HAFC) and Standard Chartered (OTCMKTS:SCBFF) are both finance companies, but which is the superior investment? We will contrast the two businesses based on the strength of their analyst recommendations, valuation, institutional ownership, dividends, profitability, earnings and risk. Profitability This table compares Hanmi Financial and Standard Chartered’s net margins, return on equity and return […]
JazzCash monthly active subscribers cross 7 million
ISLAMABAD, Pakistan: Emerging as the market leader for the third consecutive year, JazzCash has proudly announced an active base that now stands at over seven million users. JazzCash is fast becoming the most popular and trusted digital financial services brand in Pakistan. Transaction values have also increased by 42% compared to the previous year and have crossed the PKR 1 trillion mark; customers carried out 0.5 billion transactions through the service. On this occasion Jazz CEO Aamir Ibrahim said, “JazzCash offers its users diversified financial services aimed at meeting their evolving financial needs. The traction we have gained in terms of the number of active users, the value and the volume of transactions is evidence that we have both made headway in terms of enhancing financial inclusion and also gained customer trust.” JazzCash is on a mission to provide every Pakistani access to a range of financial services through secure and accessible channels with an easy to use USSD menu, user-friendly mobile…
Slowdown blues to limit rise in job creation at 7% in October-March: report
Positive hiring outlook was reported in sectors like healthcare & pharmaceuticals, information technology, e-commerce and tech start-ups, educational services, KPO, power and energy, and logistics
17 habits of self-made millionaires who retired early, Business Insider - Business Insider Singapore
Business Insider - Early retirees tend to share the same habits when it comes to growing wealth, living their ideal lifestyle, and having a positive frame of mind.. Read more at businessinsider.sg
Minet Wins Insurance Brokerage of the Year Award
NAIROBI, Kenya, Dec 9 - Insurance brokerage firm, Minet Kenya has been voted the Best Insurance Brokerage Company of the year for 2019 at this year’s Think Business Insurance awards. The firm was also awarded the
Don’t Let China Win the Green Race
America should be leading the way on clean energy, not falling behind.
China orders govt offices to remove foreign equipment, software
In the latest salvo to the tech cold war, the Chinese government has ordered all government offices and public institutions to stop using any foreign computer and software equipment, the Financial Times reported, saying all such equipment will have to be removed within three years. The Chinese directive, which could hit companies such as HP, Dell and Microsoft, is the first from Beijing to set specific targets limiting China’s use of foreign technology.
Intertek Group (ITRK) – Analysts’ Recent Ratings Updates
A number of research firms have changed their ratings and price targets for Intertek Group (LON: ITRK): 12/9/2019 – Intertek Group had its “buy” rating reaffirmed by analysts at Deutsche Bank AG. 11/27/2019 – Intertek Group had its “neutral” rating reaffirmed by analysts at UBS Group AG. 11/27/2019 – Intertek Group had its price target […]
Gold Technical Analysis: The set-up seems tilted in favour of bearish traders
Gold regains some positive traction amid persistent trade uncertainty. The upside is likely to remain capped ahead of the FOMC policy update. Gold rem
Benchmark Lowers Harvard Bioscience (NASDAQ:HBIO) to Buy
Harvard Bioscience (NASDAQ:HBIO) was downgraded by analysts at Benchmark to a “buy” rating in a research note issued to investors on Monday, The Fly reports. HBIO has been the subject of several other research reports. ValuEngine cut Harvard Bioscience from a “buy” rating to a “hold” rating in a report on Tuesday, October 22nd. Zacks […]
Sandler O’Neill Downgrades FB Financial (NYSE:FBK) to Hold
FB Financial (NYSE:FBK) was downgraded by investment analysts at Sandler O’Neill from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Monday, The Fly reports. Several other analysts also recently weighed in on FBK. Zacks Investment Research raised shares of FB Financial from a “sell” rating to […]
Gladstone Land: It's Economics 101
Farmland is the perfect asset class because the lower supply of arable land leads to higher profitability for the most fertile farm.In turn, that leads to steady appreciation of value and rental growt
Boeing is promising 3 fixes to the faulty autopilot behind the 737 Max crashes to let pilots stop it forcing the plane into an unstoppable nose-dive
Boeing is promising three fixes for the faulty autopilot system widely attributed as a cause of two deadly crashes by the 737 Max plane, CBS News reported Sunday.
West Bengal one of the least corrupt states: Mamata
West Bengal has emerged as one of the least corrupt states in the country, Chief Minister Mamata Banerjee said on Monday citing a recent survey conducted in 20 states.
China tech/Lenovo: battle standard
Beijing should remember that all armies depend on their supply lines
Paris-based Ankorstore, the B2B marketplace redefining retail, raises €6 million to expand across Europe
Just two weeks after Ankorstore’s official launch, the Paris-based startup has closed their first round of funding at €6 million, led by Global Founders Capital, Alven and Aglaé Ventures. Over the next few months, Ankorstore plans to triple its workforce, by hiring developers, business developers and customer support.
Five major industrial fire accidents that shook the nation's conscience
Each of these mishaps snuffed out innocent lives, often due to negligence on the part of the authorities
Environmental campaigners call for end to overfishing
Campaigners from Extinction Rebellion and the Irish Wildlife Trust have gathered at the gates of Leinster House calling for an end to overfishing.
Bitcoin Trading Volume in Argentina Hits New ATH As The President-Elect Announced New Cabinet
Bitcoin trading volume in Argentina has broken the all-time high record again at the start of December. It comes just after the new president-elect has
Government defends R&D law changes
The Coalition will have a second crack at passing R&D reforms in February, but some companies are warning the proposals are insufficient and out of date.
3 Tax Mistakes You're Probably Making Today
If you're falling victim to these blunders, you're throwing money away or opening the door to problems you really don't need.
Bitcoin, Ether, and XRP Weekly Market Update December 9, 2019
The total crypto market cap added $6.5 billion of value during the last seven days and now stands at $204.2 billion. The top 10 currencies are mostly in red for the same time frame with Bitcoin SV (BSV) and Litecoin (LTC) being the best performers with 7.6 and 4.5 percent of loses respectively. By the time of writing bitcoin (BTC) is trading at $7,505 while ether (ETH) stands around $150. Ripple’s XRP is trading at $0.228.
Credit Unions Find Opportunity In Payments Disruption
CULedger discusses credit unions' opportunity in payments innovation by being "rail agnostic" and supporting digital identity, data exchange and value exchange.
Paul Volcker, the towering former Fed chairman and economist, has died at age 92, Business Insider - Business Insider Singapore
Business Insider - Former Federal Reserve Chairman Paul Volcker has died. Volcker helped to rein in the US's persistent inflation problem and reset the economy.. Read more at businessinsider.sg
Lennar (NYSE:LEN) Research Coverage Started at Goldman Sachs Group
Goldman Sachs Group initiated coverage on shares of Lennar (NYSE:LEN) in a research report released on Friday morning, 24/7 WallStreet reports. The firm issued a buy rating and a $71.00 price objective on the construction company’s stock. Several other research analysts have also issued reports on the stock. JMP Securities increased their target price on […]
Canada: Building Permits declined by 1.5% in October vs. +2.9% expected
The total value of Building Permits issued by Canadian municipalities declined by 1.5% to $8.3 billion on a monthly basis in October and fell short of
Oil bulls gearing up for a rally, but Trump may play spoilsport
Oil traders should remain cautious and not get too carried away by the Opec+ saga.
You too could have your nest egg looked after by Goldman Sachs
Bank to offer wealth management services to individuals with as little as $5,000
Canadian Fintech FlexPay Secures $6 Million Through Latest Investment Round Led By Impression Ventures
FlexPay, a Canada-based fintech that uses AI and machine learning to help merchants recover lost revenues from declined transactions, announced on Monday it sec
Obamacare back at the high court — with billions for insurers on the line
More than $12 billion is at stake for the nation's health insurers Tuesday when the Supreme Court hears another Affordable Care Act case.
European Space Agency to launch space debris collector in 2025
Robotic junk collector will be first mission to remove item of debris from orbit
Madrid-based Fintech StudentFinance Raises $1.27 Million in Seed Round Led by Seedcamp
StudentFinance, a Fintech firm launched by the founders of Uniplaces, recently revealed that it had secured €1.15 million (appr. $1.27 million) in seed fundin
Professor: Why Should the World Bank Take Orders from the United States?
US President Donald Trump criticized the World Bank’s decision to lend more money to China and said it needs to stop giving it loans after the international financial institution approved a new plan to aid China with $1 billion to $1.5 billion in low-interest loans annually through June 2025.
AUD/USD struggles to recover despite modest USD weakness, trades around 0.6820
The AUD/USD pair snapped its four-week losing streak last week but seems to be having a tough time pushing higher on Monday. After moving sideways bel
US: CPI likely to post +0.2% mom increase – Deutsche Bank
According to Deutsche Bank analysts, the main highlight for the US markets is CPI release on Wednesday and the retail sales figures on Friday. Key Quo
Currency in circulation rises to Rs 21 lakh crore as on March 2019: Anurag Thakur
India Business News: Currency in circulation peaked to over Rs 21 lakh crore at the end of March 2019, having dipped to a mere Rs 13 lakh crore at the end of fiscal 2016-
Paul Volcker, the towering former Fed chairman and economist, has died at age 92
Paul Volcker, the legendary economist who served as the 12th chairman of the US Federal Reserve, died Sunday at the age of 92.
Nvidia lawyer pushes court to dismiss cryptocurrency mining chip lawsuit
Graphics card manufacturer Nvidia is fighting to have a lawsuit dropped that alleges it misled investors over its failed cryptocurrency mining chip.
Azimut Exploration (CVE:AZM) Hits New 52-Week High at $0.50
Azimut Exploration Inc. (CVE:AZM) reached a new 52-week high during mid-day trading on Monday . The stock traded as high as C$0.50 and last traded at C$0.50, with a volume of 40200 shares. The stock had previously closed at C$0.46. The company has a market capitalization of $26.11 million and a P/E ratio of -98.00. […]
No proposal for education loans waiver, says govt
The government on Monday said there is no proposal under consideration for waiver of education loans. In the last three years from 2016-17 to March 2019, the amount of outstanding education loans
Eskom Predicts Two More Years Of Potential Load Shedding
Despite its efforts to minimise the risk of load shedding and repairing its power systems, Eskom said the country could experience two more years of power cuts. Speaking on the Gushwell Brooks show on Sunday, deputy spokesperson Dikatso Mothae said the power station units haven’t been properly maintained for a number of years. The power utility has […]
Boeing is promising 3 fixes to the faulty autopilot behind the 737 Max crashes to let pilots stop it forcing the plane into an unstoppable nose-dive, Business Insider - Business Insider Singapore
Business Insider - The faulty MCAS software, which was designed to push the plane's nose down to stabilize the jet, was a key factor in both 737 Max crashes.. Read more at businessinsider.sg
ICICI Bank opens new center in Bahrain, offers retail, corporate banking
The bank already has a retail branch at the local Manama Centre, it said in a statement
5 things you need to know about the planned SkyTrain shutdown
Here's what you need to know right now about the planned SkyTrain strike scheduled to begin early Tuesday morning.
BMO joins $6m FlexPay funding round
FlexPay, a Montreal-based startup using AI to help merchants recover lost revenues from declined transactions, has raised $6 million in a funding round led by Impression Ventures and joined by BMO Capital Partners.
ISS recommends shareholders vote against Baker-led offer for HBC
TORONTO — An influential proxy advisory service is recommending shareholders vote against a takeover offer for Hudson's Bay Co. by a group led by the retailer's executive chairman.
Marginal Rejig In GST Structure Can Be Combined With Income Tax Cuts
The right thing to do is to accept a slightly higher rate of fiscal deficit in the short run.
Ulta Beauty (NASDAQ:ULTA) Price Target Raised to $230.00
Ulta Beauty (NASDAQ:ULTA) had its target price raised by Nomura from $215.00 to $230.00 in a report published on Friday morning, BenzingaRatingsTable reports. The brokerage currently has a reduce rating on the specialty retailer’s stock. A number of other brokerages also recently issued reports on ULTA. Stifel Nicolaus dropped their price target on Ulta Beauty […]
A cancer-drug developer’s stock just surged more than 100% after Merck agreed to a multi-billion-dollar takeover
Cancer-drug developer ArQule spiked as much as 102% in early Monday trading after Merck said it would acquire the firm in a $2.7 billion takeover.
-$0.31 Earnings Per Share Expected for Arlo Technologies Inc (NYSE:ARLO) This Quarter
Wall Street brokerages expect Arlo Technologies Inc (NYSE:ARLO) to post earnings of ($0.31) per share for the current quarter, according to Zacks Investment Research. Three analysts have provided estimates for Arlo Technologies’ earnings, with the lowest EPS estimate coming in at ($0.32) and the highest estimate coming in at ($0.29). Arlo Technologies posted earnings per […]
Global weapons sales up; US leads market
The global arms industry continues to grow with total sales up 4.6% last year, according to data from the Stockholm International Peace Research Institute (SIPRI) released Monday.
FG to sign MoU with Russian firm on Ajaokuta
Godwin Isenyo, Kaduna The Federal Government will sign the Memorandum of Understanding with a Russian firm for the resuscitation of the multi-billion naira Ajaokuta Steel Rolling Mill in January...
A global view of future energy at Newcastle University
Newcastle University's new Centre for Energy seeks to work towards a new way of thinking about energy systems
What To Remember From Ulta Beauty's Q3 Earnings
Ulta Beauty reported numbers that exceeded expectations and show that the growth deceleration is stabilizing.Ulta is outperforming its competitors significantly by improving customer satisfaction and
Global financial watchdogs take aim at Big Tech's data dominance
Could be forced to share data on financial services customers with banks.
7 Low-Risk Mutual Funds to Buy Now
An array of low-risk mutual funds spanning multiple asset classes are currently available to investors. Here are seven worth a look.
The decimation of Australian manufacturing
The latest quarterly data from the Australian Bureau of Statistics (ABS) has revealed in all its hideous glory the decimation of Australia’s manufacturing sector.
Best Roborock Vacuums in 2019
We've tested and compared several Roborock robot vacuums to see which ones are the best. See which ones fit your needs.
Macron's France: Fifth Day of Anti-Reform Strikes Cripple Paris
Paris commuters inched to work Monday through massive traffic jams as strikes against retirement plan changes halted trains and subways.
Canadian Pacific crude train derails, causes fire in Saskatoon: media
(Reuters) - A Canadian Pacific Railway train hauling crude oil derailed west of Guernsey, Saskatoon, causing a fire at around midnight local time, the Global News reported on Monday.
Risky business: Why gov’t made sure Manila Water, Maynilad would earn
Part 2: What is 'onerous' now was logical before. Rappler looks at the history of how government enticed the private sector to take over water services.
Caltex indolence invited takeover bid
Dozy oversight of cruising management has all but goaded a bidder out of the woodwork.
Australia and coal: If the supply is reduced, renewables look better
Age readers discuss federal Opposition Leader Anthony Albanese backing the case for Australian coal exports.
China to remove foreign tech from government offices amid US trade war
The policy — which reportedly affects both hardware and software — could strike a big blow to American tech companies such as Microsoft, HP and Dell.
Global stocks whacked as China export decline highlights trade war damage
LONDON, Dec 9 — Global equity markets were in a sombre mood today after Chinese export data highlighted the economic damage from the 17-month long trade war and re-focused attention on a crucial December 15 tariff deadline. The only big winner of the day was the British pound which surged to...
If You Haven’t Ditched NBEV Stock Yet, Now Is the Time
NBEV stock is an irredeemable loser. The CEO is selling shares and the company is in debt and losing money.
HSBC shakes up senior management after 'unacceptable' third quarter
HSBC has replaced its investment banking boss and group chief operating officer in a raft of changes due to take effect in 2020.
Analysis: FCMB is running out of time
Despite some of the transformations currently being recorded in the bank, success and consistency seem to be eluding it.
Ho, Ho, Ho, or No, No, No: Will BTC See a Santa Rally This Year?
Since its creation, the price of BTC has often seen sustained increases through the last week of the year. Could this year be different?
Tea Board considering new export cess to fund promotion and marketing
While the rate of the cess is yet to be finalised, sources say it could be around Rs 2 per kg of export
Entrepreneur Development Ministry, MTDC collaborate to prepare SMEs for digital technology
BANGI, Dec 9 — The Ministry of Entrepreneur Development (MED) has forged a cooperation with Malaysian Technology Development Corporation (MTDC) to prepare the small and medium enterprise (SME) to shift to utilise digital technology in their business. MED Secretary-General Datuk Wan Suraya Wan Md...
GRAINS-Soybeans at 2-week high as China tariff waivers add to trade hopes
* Soybeans up for 5th session on hopes of U.S.-China deal * China to exempt some U.S. soybeans, pork from tariffs * Wheat eases, corn little changed ahead of USDA data (Updates with European trading, changes byline/dateline) By Gus Trompiz and Naveen Thukral PARIS/SINGAPORE, Dec 9 (Reuters) - Chicago soybean futures rose for a fifth straight session on Monday to their highest in almost two weeks, after China's announcement last week about tariff waivers for U.S. soybean and pork encouraged hopes of a trade agreement.
M&S shares jump after Goldman Sachs hikes rating
Shares in Marks & Spencer jumped this morning after investment bank Goldman Sachs hiked its stock rating following improvement in the retailer’s troubled clothing and home division.
LDP plans tax breaks to help spread 5G networks
The Liberal Democratic Party's tax panel is planning to give preferential tax treatment to mobile phone carriers and others to help spread fifth-generation
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
There’s No Scare In NSO’s Consumption Data; It’s All About Falling Costs Of Food And Health Services
Falling costs of food and healthcare seem to have contributed to the fall in rural household expenditure.
Aluminium firms seek cut in input duties as production costs, imports swell
Industry is dogged by inverted duty structure. While calcined petroleum coke import suffers 10%, finished aluminium attracts 7.5% duty. Caustic soda lye import is taxed at 7.5% versus 5% on alumina
OPEC reaches deal to cut oil production
The powerful Organization of the Petroleum Exporting Countries (OPEC) and its allies reached a deal Friday to cut production by 500,000 barrels per day in...
3 Big Stock Charts for Monday: Hanesbrands, Canada Goose, and Ball Corporation
Monday's big stock charts, including GOOS stock, highlight three names looking for direction and hoping for help from the broad market.
10 things you need to know before the opening bell
Here is what you need to know.
Construction Of Surat Metro’s First Phase Set To Begin In June 2020, Expected To Be Ready By 2024
The centre had approved funds for the construction of the first phase for Surat Metro in February this year.
5 Reasons to Buy Aphria Stock Before Pot Stocks Start Moving Again
Aphria stock has taken a beating in recent months, but there are at least five reasons why Aphria shares could be headed higher soon.
5 Bold Predictions for the Stock Market in 2020
Some scenarios that could play out over the next year.
Silicon Labs Executing On Its IoT Opportunity, With Infrastructure Likely To Get Better In 2020
IoT continues to drive Silicon Labs' growth, and particularly its strong wireless portfolio, which saw better than 20% growth in the third quarter. Infrastructure is being held back by weakness in the
FG to sign MoU on Ajaokuta Steel in January 2020 — Minister
The Minister of Mines and Steel Development, Mr Olamilekan Adegbite has said that the Federal Government will sign a Memorandum of Understanding (MOU)...
Revolt RV400 deliveries begin in Pune
Bookings for the RV400 began in June and the bikes will be delivered as per the booking sequence. Head here for the full story.
The Russian Navy Has Some Problems
Yes, they received 23 new ships this year. That's where the good news ends.
Task team established to fight congestion at Cape Town port | IOL News
Western Cape MEC for economic affairs David Maynier said he has established a task team to solve ongoing congestion in the Cape Town port.
Hoping to reach trade agreement with US soon: China
Beijing hopes that it can reach a trade agreement with the United States that satisfies both sides as soon as possible, China's Assistant Commerce Minister Ren Hongbin said on Monday. Ren made the
iDreamSky in Talks to Buy Gaming Company Leyou for $1.4 Billion
iDreamSky has entered negotiations for the takeover of Leyou Technologies and has reportedly submitted a $1.4 billion bid.
EUR/USD Technical Analysis: Flirting with daily tops, around 1.1075 region
The EUR/USD pair built on its intraday positive move and is currently placed near the top end of its daily trading range, around the 1.1075 region. Th
Plea to desilt Parakkirama Pandian Kulam
TIRUNELVELIVillagers of Anaithalaiyoor and Vadakarai near Gangaikondan submitted petitions to Collector Shilpa Prabhakar Satish on Monday appealing to her to include the Parakkirama Pandian Kulam in t
SBI lowers MCLR based lending rates by 10 bps
Country's largest lender State Bank of India on Monday announced the reduction in its marginal cost of fund-based lending rate (MCLR) by 10 basis points across all one-year products, effective
Hong Kong braces for wave of store closures after protests: HKRMA
HONG KONG (Reuters) - More than one in 10 retailers in Hong Kong could close down in the next six months as social unrest and sometimes violent protests deter tourists, threatening the survival of smaller operators, the city’s main retailing group said on Monday.
Fire destroys senior apartment complex under construction in Peekskill
Flames tore through an apartment complex in Westchester County.
Mulberry announces launch of 'first 100% sustainable leather bag'
Mulberry has launched a new handbag, the Portobello Tote, which it claims is 100 per cent sustainable. The bag, which retails at £795, was produced in the luxury fashion label's carbon-neutral
The Fed's liquidity problem hasn't yet gone away — and an abrupt shock may be looming in 2020, Business Insider - Business Insider Singapore
Business Insider - Even with hundreds of billions of dollars in new liquidity created out of thin air, it's too soon for the Fed to signal a clear coast for repo markets.. Read more at businessinsider.sg
Stay away from YES Bank till fund raising takes place: Gurmeet Chadha
There is news that YES Bank may deny Erwin Singh Braichs offer. My sense is while the board recommended it, it is probably having a rethink on how it is going to work out with RBI. My advice to investors is to stay away from YES Bank till the fundraise actually happens. The frequent flip-flop is fast becoming a joke.
A school for food
Dhivya Vasudevan spreads awareness about pesticide-free agriculture to classrooms
Massif Capital - Diamond Offshore Drilling Inc.
Diamond has been a painful investment for our portfolio.We invested too early in the cycle for offshore equipment, and the trough of the cycle has been extended beyond our modeled scenarios.We will ai
Minister urges shoppers to boycott ‘un-Australian’ Coles
Senior Nationals minister David Littleproud has called for shoppers to boycott Coles until it puts a 20-cent levy on all dairy products to help farmers.
What Should Investors Expect From Advanced Micro Devices Stock in 2020?
Advanced Micro Devices stock more than doubled in 2019, but will its momentum carry into 2020? Here are a few things to know about AMD stock.
Zacks: Alamo Group, Inc. (NYSE:ALG) Given Average Recommendation of “Buy” by Analysts
Alamo Group, Inc. (NYSE:ALG) has been assigned an average broker rating score of 2.00 (Buy) from the two brokers that cover the company, Zacks Investment Research reports. One analyst has rated the stock with a hold rating and one has issued a strong buy rating on the company. Brokers have set a 1-year consensus target […]
How the cloud, an army of drones, and 3D mesh is saving the world's vital infrastructure
Bridges in major cities are crumbling and in desperate need of inspection. Technology convergence offers a light at the end of a rickety tunnel.
Bitcoin’s Chart Looks Eerily Similar to $3,000 Bottom; Is the Pain Over?
Is the bottom in? Since Bitcoin (BTC) fell precipitously to $6,600 late last month, analysts have been asking if the leading cryptocurrency has finally
Lack of Profitability Is a Significant Risk for Zillow Stock
A lack of profits has kept Zillow stock stuck in neutral for 3 years, and it looks like these profitability issues are here to stay.
Analysts Set Huazhu Group Ltd (NASDAQ:HTHT) Price Target at $35.73
Huazhu Group Ltd (NASDAQ:HTHT) has earned a consensus rating of “Hold” from the eighteen research firms that are currently covering the firm, Marketbeat reports. Four analysts have rated the stock with a sell rating, eight have assigned a hold rating and five have given a buy rating to the company. The average 1 year price […]
Winds Might Be Changing For Vestas
The company has grown fast in a favorable market environment, having a 5-year CAGR if 8%.Despite the record-high order backlog in Q3/2019, the company identified the impact of tariffs and increased ex
10 things you need to know before the opening bell
Here is what you need to know.
CP Rail train derails near Lanigan, Sask., sparking fire that closes highway
A Canadian Pacific freight train hauling crude derailed overnight sparking a fire that forced the closure of part of a major highway south of Humboldt, Sask.
Jumia to Cease Operations in Rwanda, Shuts Down Jumia Travel in Nigeria
Jumia is continuing with its optimization moves where they'll cease operations in Rwanda and shut down Jumia Travel in Nigeria
SC partially lifts ban on construction activities in Delhi-NCR region
The apex court perused the affidavit filed by CPCB which said however that no construction should be permitted during 6 PM to 6 AM
Deep Dive: Serving Up Better Customer Service With Enhanced CRM
A data-rich Deep Dive that analyzes how QSRs are embracing AI- and ML-enhanced solutions to boost sales, personalize services and spare workers from monotony
Bitcoin Price Shows ‘Uncanny Resemblance’ to 2018 Breakout Pattern
BTC has hovered between bullish and bearish attitudes. But one chart analyst sees a possible scenario, as the bitcoin price action in the past months
Nigerian govt directs Accountant-General, MDAs to publish daily financial statements
The government will also publish monthly reports showing revenue receipts from all collecting agencies and payments out of the federation account.
Crews working to contain industrial fire in Schomberg
Crews are working to contain a fire that broke out in an industrial building in Schomberg early this morning.
California fines CVS $3.6 million for failing to recycle
SACRAMENTO, Calif. — California is fining the nation’s largest pharmacy health care provider a record $3.6 million for failing to redeem deposits on bottles and cans at some of its locations, regulators said Monday. The California Department of Resources Recycling and Recovery, better known as CalRecycle, said its investigation found that 81 of CVS Pharmacy’s …
Shopify: Beware Of Deceleration
Shopify is up 160% year-to-date, crushing the S&P 500's year-to-date performance.While the company continues to put up record revenue each quarter, there are signs that we're seeing even more material
FG to sign MoU with Russian firm on Ajaokuta January - Minister
The Federal Government will sign the Memorandum of Understanding with a Russian firm for the resuscitation of the multi-billion naira Ajaokuta Steel Rol...
Leading Saudi banks to maintain strong profitability – Moody’s
Riyadh – Mubasher: The three largest banks in Saudi Arabia, namely: National Commercial Bank (NCB), Al Rajhi Bank, and Saudi British Bank (SABB), are expected to maintain strong profitability and efficient cost structures, according to a report by …
3 Big Things Today, December 9, 2019
Soybeans were higher in overnight trading on U.S.-China trade optimism.
Traders want shops in temporary bus stand
They also demand new bus stand under Smart City programme
Hungary’s Central Bank Issues Warning stating that Traditional Lenders Might Be Forced Out of Market Due to Competitive Fintech Firms
Some of Hungary’s financial institutions might be forced to exit the market as they may not be adequately prepared to continue to compete with challengers fro
Mettler Toledo releases the 2nd edition of Its Best Practice Guide
In the second edition of its guide for chemical and petrochemical manufacturing, Mettler Toledo (Urdorf, Switzerland; www.mt.com) reveals how the latest tr
Irish weather forecast: Met Eireann issues advisory as strong winds set to batter Ireland after Storm Atiyah chaos
There are fears that trees and structures weakened by Storm Atiyah could be damaged even further
More than 2,000 koalas dead after Australian bush fires
Experts said the blaze has ravaged koala habitat so rapidly that 'we will probably never find the bodies'.
Sanofi to acquire US biotech firm Sythorx $2.5bn
Mubasher: Sanofi on Monday said it will take over US biotechnology company Synthorx in a cash deal that valued the latter at $2.5 billion.
Replacing the board won't fix crisis at Prasa, says Mbalula | IOL News
Transport Minister Fikile Mbalula said the crisis at Prasa could not be solved by replacing the current board with a new one.
Diamonds for a cause
Are you looking to indulge in something sparkly this holiday season and give back while doing so?
Atrium Mortgage Investment (TSE:AI) Hits New 1-Year High at $14.39
Atrium Mortgage Investment Corp (TSE:AI)’s stock price hit a new 52-week high during trading on Monday . The stock traded as high as C$14.39 and last traded at C$14.33, with a volume of 30830 shares. The stock had previously closed at C$14.24. AI has been the topic of several recent analyst reports. TD Securities boosted […]
Can Buy Now Pay Later Solutions Cut Through The Holiday Noise?
U.S. consumers are expected to spend roughly $149 billion online this holiday season — but many are still paying off credit card bills from last year's splurge. Getting consumers to spend, without making them feel overextended, may require new methods. In the inaugural Buy Now, Pay Later (BNPL) Tracker, Nick Kaplan, president of fashion brand Fashion To Figure, explains how BNPL solutions are becoming key to giving consumers financial flexibility and merchants more sales.
EUR/CHF Could Find Upside In 2020
The euro has fallen against the Swiss franc over the majority of its life.However, the EUR/CHF interest rate differential remains in a positive position (on a central bank rate basis, the spread is po
González anticipates new dialogue between the federal and local governments
Washington Resident Commissioner Jenniffer González thinks the end of the tax benefit should be negotiated
Pound-New Zealand Dollar Forecast: Fighting to Hold 2.0 Level
There is a distinct possibility that GBP/NZD does in fact go lower as foreign exchange markets engage in 'buy the rumour, sell the fact' behaviour on the election result.
NSE asks investors to be careful in executing PoA with stock brokers
The latest communication comes against the backdrop of Karvy Stock Broking Ltd unauthorisedly transferring securities worth Rs 2,300 crore of more than 95,000 clients, into its account
Official: China hopes for US trade pact as tariff hike nears
BEIJING (AP) - A Chinese official says Beijing wants a prompt settlement of its trade war with Washington.
HC declines to order linking of social media accounts with Aadhaar, PAN
The bench said linking of accounts with social media platforms with Aadhaar, PAN or any other identity document requires framing of policies or amendment in existing laws by the central government
A War with North Korea Would Bring Chaos to Millions. There Is Another Option.
Maximum pressure has failed and the cost of a military option is unacceptably high. A peace agreement is the only option.
YES Bank may reject $1.2 billion offer from Canadian investor
At a board meeting on Tuesday, YES Bank is expected to reject an offer from Canada's Erwin Singh Braich and Hong Kong-based SPGP Holdings to contribute $1.2 billion toward the fund raising
Hankook Tire CEO indicted on charges of bribery, embezzlement
Cho Hyun-bum, chief executive of Hankook Tire & Technology, South Korea's largest tire maker by sales, was indicted for taking bribes and embezzling corporate funds, prosecutors said Monday.Cho is suspected of receiving kickbacks worth around 600 million won (US$503,778) from subcontractors and siphoning off some 200 million won from Hankook's affiliated companies, according to the prosecutors' office. In January...
INS: 1pct growth in average gross nominal earnings in October
The average gross nominal earnings increased in October compared to September by 1 per cent, up to 5,090 lei, while the average net nominal...
TM elevates OYO Hotels and Homes experience with Unifi
OYO Malaysia and Telekom Malaysia have jointly announced a commercial and marketing arrangement that will benefit local and foreign travellers. With this partnership, OYO Hotels and Homes guests can stay connected in Malaysia with seamless broadband and entertainment experience powered by Unifi.
‘I Don’t Know What He Was Doing’: Joe Biden Gets Defensive When Asked About Son’s Business Dealings
Former Vice President Joe Biden appeared defensive when Axios co-founder Mike Allen asked him during an “Axios on HBO” interview about his son’s business dealings in Ukraine.
QC councilors ask for longer work hours for traffic enforcers during Yuletide season
With the traffic congestion expected to worsen further this Yuletide Season, Quezon City officials have asked local traffic authorities to add two hours per shift to the schedules of the city’s traffic field enforcers to help lessen public inconvenience.
The Phantom Metric: What Really Drives U.S. Equity Valuations?
Investors continue to question whether US equity valuations are too high, particularly for growth companies and versus other global markets.The risk premium is a good gauge of market sentiment.Valuati
Canopy Growth names veteran Constellation executive David Klein as new CEO
SMITH FALLS, Ont. — Canopy Growth Corp. has named a veteran Constellation Brands executive as its new chief executive.
[OPINION] Dancing onstage while on the autism spectrum
Sometimes, I do odd stuff such as stomping my feet loudly or rubbing my hands to combat my nervousness. I wish that one day, I get to really control this stage fright and rediscover my talents anew.
Mutual Funds’ asset base hit all time high of Rs 27 lakh crore on inflow in debt schemes
Mutual fund houses witnessed an overall inflow of Rs 54,419 crore last month as compared to Rs 1.33 lakh crore in October.
The Fed’s liquidity problem hasn’t yet gone away — and an abrupt shock may be looming in 2020
Even with hundreds of billions of dollars in new liquidity created out of thin air, it’s too soon for the Fed to signal a clear coast for repo markets.
Turkey tackles power supply problems in liberated areas of N Syria
Turkey is dealing with a power supply problem in a recently liberated area in northern Syria after the PKK-affiliated People's Protection Units (YPG) were...
Bursa Malaysia ends lower on subdued sentiment
KUALA LUMPUR, Dec 9 — Bursa Malaysia finished lower today on subdued sentiments as weak export data from China, the country’s biggest trading partner, signalled weakness for the broader Asian economy. At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) fell 5.73 points to 1,562.71 from Friday’s...
Adityanath govt clears Rs 1,600 cr Ballia Link Expressway project
The four-lane expressway will connect UP-Bihar border district with Purvanchal Expressway; It is expected to be 35-40 km long and is likely to cost Rs 40 crore per km
How Swiss healthcare costs have 'doubled' since 2000
Recently released figures show that health insurance premiums have doubled in the past 20 years, with some Swiss households spending almost one fifth of their salary on healthcare.
Regulators ponder new rules to temper Big Tech data advantage
Global banking regulators say the arrival of Big Tech firms like Google, Amazon and Apple in financial services poses a host of stability risks that may require sweeping new laws to level the playing field with smaller tech firms and banks.
BuzzFeed UK threatened with being dissolved over late accounts
The online media business is already more than two months late and risks fines unless it files its 2018 financial information soon.
Goldman Plans To Launch Robo Adviser Next Year
Goldman Sachs is planning to launch digital wealth management services to clients with as little as $5,000 in 2020 in the form of a robo adviser.
Viper Energy Partners LP (NASDAQ:VNOM) Receives $39.87 Average PT from Brokerages
Shares of Viper Energy Partners LP (NASDAQ:VNOM) have earned an average rating of “Buy” from the nineteen research firms that are covering the firm, Marketbeat.com reports. One investment analyst has rated the stock with a sell recommendation, one has issued a hold recommendation, fifteen have assigned a buy recommendation and one has given a strong […]
Subprime lender Amigo’s chief executive and chairman quit
Departures follow move by founder James Benamor to reassert control of the business
Cloud Stocks: VMware Builds Up With Acquisitions
VMware's third-quarter revenues grew 12% over the year to $2.46 billion versus the Street estimate of $2.41 billion.For the fourth quarter, the company expects license revenue to grow 13% to $1.39 bil
Wishu, the app that lets businesses book creative freelancers on demand, launches in the UK with €535K raised
London-based Wishu, the marketplace for creative freelancers, has today announced the launch of its app across the UK. Wishu (founded in 2019) is the world’s first social marketplace app that allows creative freelancers and businesses to negotiate, book and pay for services within the app. Wishu lanches with a total investment of €535K, and a host of major players already on board: Y-Combinator, TechStars, and Momo.
Aspire Mining signs MoU on Ovoot coking coal project in Mongolia
Aspire Mining has signed a memorandum of understanding (MoU) with Sinosteel MECC to develop Mongolia’s Ovoot coking coal project.
Jeff Bezos says employee activists are wrong and Silicon Valley firms should feel comfortable doing business with the US military
Bezos said it was the responsibility of management to push back against employee outrage toward military contracts.
Inheritance Tax rules could be changing. Here's 10 facts you need to know...
With potential changes in inheritance tax rules on the horizon, Ian Lowes, managing director of Lowes Financial Management, offers some advice
SoftBank plans AI institute to aid businesses
SoftBank and The University of Tokyo teamed on a project to boost development of AI ...
Top headlines: SBI's MCLR rate cut, Lodha India's richest realtor and more
This is the eighth cut in MCLR in this financial year and follows a 5 bps reduction last month
Yes Bank yet to approve Blackstone's buyout of Coffee Day's tech park
Shares of Coffee Day extended decline to as much as 14.5% in Mumbai, which is the biggest drop since July 31.
Delhi pollution: SC partially lifts ban on construction, allows work only during day time
Earlier in November, the apex court imposed a ban on all kinds of construction work in view of the rising pollution levels in Delhi. This is the longest construction ban that has been enforced in winter months for the past few years.
Tighter climate policies could erase $2.3 trillion in companies value: report
LONDON (Reuters) - Tighter government climate regulations by 2025 could wipe up to $2.3 trillion off the value of companies in industries ranging from fossil fuel producers to agriculture and car makers, an investor group warned in a report.
Gold clings to modest gains above $1460 level, lacks follow-through
Gold edged higher on the first day of a new trading week and recovered a part of Friday's post-NFP slide to multi-day lows. The latest US monthly jobs
We are placing Prasa under administration – Mbalula
The minister has dissolved the interim board with immediate effect and Bongisizwe Mpondo has been appointed administrator.
Moonday Mornings: IRS readies to tax your cryptocurrency — no matter what
It's the start of another week and that means it's time for Hard Fork's wrap-up of the weekend's top cryptocurrency and blockchain headlines.
City regulator toughens up financial accountability rules after scandals
Tougher accountability rules have today been extended to cover around 47,000 firms as the financial watchdog seeks to clean up the City’s reputation.
India moves up one spot in human development index: UNDP report
India is ranked 129 out of 189 countries according to a report by the United Nations Development Programme.
Late payments: Firms wait twice as long for cash in 2019
The UK’s small and medium-sized businesses are being stretched by customers failing to pay them on time, according to a [...]
A look inside Intare Arena in Kigali
The facility was built to spur Rwanda's meetings, incentives, conferencing, exhibitions (MICE) segment
Ericsson will pay a yard to settle bribery charges
The judge could not be Swede into letting them off
National e-commerce policy to lay down terms for treatment of non-personal, commercial data
Department for Promotion of Industry and Internal Trade (DPIIT) holding stakeholder consultations on the issue, says the official
NTMA to borrow less next year as repayments in focus
Agency sold €15.4bn of long-term bonds this year, at the lower end of its full-year target
Jeff Bezos says employee activists are wrong and Silicon Valley firms should feel comfortable doing business with the US military
Bezos said it was the responsibility of management to push back against employee outrage toward military contracts.
Unicorn Scooter Company Finds Profit To Be A Mythical Beast
It takes a special kind of audacity for your startup to be successful, and a special kind of audacity to name your startup “Unicorn”. Sadly, the overlapping of those two audacious circles did not spell success for one scooter company....
Alert jail guard foils smuggle of contraband
AN ALERT Bureau of Jail Management and Penology (BJMP) guard foiled an attempt to smuggle contraband inside Navotas City Jail (NCJ) by passing through steel grills of the extension facility yesterday before dawn in Navotas City.
Almarai names Majed Nofal as CEO
Riyadh – Mubasher: The Board of Directors of Almarai Company announced the appointment of Majed Mazen Nofal as the company’s new CEO. The decision will be effective starting from the beginning of January 2020, according to a company statement to …
Here's why Saudi Aramco's stock is unlikely to plunge on its debut
From bonus shares to a fat dividend, there's a lot to underpin the price, at least initially
Jeff Bezos says employee activists are wrong and Silicon Valley firms should feel comfortable doing business with the US military
Amazon CEO Jeff Bezos threw his weight behind the US Department of Defence on Friday, saying that unless big tech companies collaborate with the US military, “this country is in trouble.”
Yes Bank likely to reject $1.2 bn offer from Canadian tycoon Erwin Braich
At a meeting on Tuesday, the board is expected to reject an offer from Canada's Erwin Singh Braich and Hong Kong-based SPGP Holdings to contribute $1.2 billion toward the fund raising
Concrete pour with 150 trucks closes streets overnight in downtown Oklahoma City
More than 1,500 cubic yards of concrete slurry, delivered by 150 trucks, was poured overnight Friday for the foundation of a new entrance and exit ramp tower that will provide access to structured parking as part of the redevelopment of First National Center. Demolition of the 1971 First National annex facing Broadway started in July 2018 and wrapped over the summer. Developer Gary Brooks said the late-hour pour was scheduled to avoid traffic hassles and other inconveniences to downtown workers, visitors and residents as a result of the large line-up of trucks. The new tower will connect to the 1957 annex facing Park Avenue that is being converted into parking. The first two floors will be rebuilt as a retail gallery.
ECB to leave the interest rates unchanged this week – Deutsche Bank
Deutsche Bank analysts suggest that the market is expecting no changes in interest rates from the ECB this week but the meeting will be closely watche
GE Stock is a Buy as CEO Larry Culp Addresses the Mess He Inherited
GE stock holders may have been disappointed with the decision to keep the dividend at a penny. But the new CEO is running a marathon, not a sprint.
Hotels and restaurants in East of England 'at heightened risk of insolvency'
The East of England's agricultural sector is healthier than most other parts of the UK - but construction, hotel and restaurant businesses are at heightened risk, a report suggests.
Crypto Payments Now Legal in Ukraine
Lawmakers in Ukraine have adopted new legislation that legalizes crypto payments as the country moves forward with strict compliance to international
Blockchain, A Four-Time Waltz: Bitcoin, Ethereum, Libra & the CBDCs – The Need for a New Balance
We have deliberately chosen to limit our presentation, for pedagogical reasons, to the four fundamental periods represented by the emergence of Bitcoin, Ethereu
Portugal opens 300 supermarkets in 2 years
Almost 300 supermarkets opened their doors to the public in the space of just two years.
A British oil stock tanked 60% after the shock resignation of the CEO and head of exploration
Tullow Oil, a British oil company, tanked on Monday morning after the company announced the resignation of its CEO and exploration director as well as cutting its production guidance. Tullow’s board also suspended its dividend.
Swelling U.S. IPO backlog points to crowded 2020 field
(Reuters) - More and more companies are putting plans for U.S. initial public offerings (IPO) on ice this year because of investor pushback against their valuations, creating a backlog that could make stock market debuts more challenging in 2020.
NZD/USD consolidates last week's gains, trades above mid-0.65s
The NZD/USD pair registered one of its largest weekly percentage gains last week as it added more than 140 pips to close at 0.6563. However, with inve
Met Office warns of power cuts when high winds hit Derbyshire
Winds could reach up to 60mph
Sensex falls 70 pts in early trade; banking stocks drag
Equity benchmark BSE Sensex on Monday fell over 70 points in early trade, dragged mainly by losses in financial and banking stocks amid persistent foreign fund outflows. The 30-share index was
Chong: Sugar supply liberalisation will benefit consumers in the long run
KUCHING, Dec 9 — The liberalisation policy on sugar supply in Sarawak will not result in an immediate effect to the price of the commodity but will definitely benefit consumers in the long term, Domestic Trade and Consumer Affairs Deputy Minister Chong Chieng Jen said today. He said the policy,...
Oil firms roll back prices
EFFECTIVE at 6 a.m. today, major and independent oil firms will implement a price rollback of their petroleum products in slightly different amounts.
India moves from 130 to 129 in human development index: UNDP report
In India, 27.1 crore people were lifted out of poverty from 2005-06 to 2015-16, UNDP India resident representative Shoko Noda said. India ranked 130 last year. The steady progress was due to nearly three decades of rapid development, which had seen a dramatic reduction in absolute poverty, along with gains in life expectancy, education, and access to health care, she said.
A British oil stock tanked 60% after the shock resignation of the CEO and head of exploration
Tullow Oil, a British oil company, tanked on Monday morning after the company announced the resignation of its CEO and exploration director as well as cutting its production guidance. Tullow’s board also suspended its dividend.
Meralco bills go up this month
ELECTRIC consumers will pay again higher electricity bills this December as the Manila Electric Company (Meralco) will implement a power rate increase.
New Age Beverages Stock Remains a High-Risk, High-Reward Situation
NBEV stock could rise by seven-fold from here, but it's far more likely that shares remain weak thanks to glaring profitability issues.
Payday firms offer loans @ 500%
India Business News: NEW DELHI: They are banned in 15 states in the US, China has capped the interest they can charge and consumer groups in European countries are fightin.
Thousands Protest In Russia's Northwest Against Becoming Moscow's Dumping Ground
Thousands have rallied in the northwestern Russian town of Kotlas against the construction of a new landfill for waste from Moscow.
Road linking Timaru and Ashburton reopening midday
Road crews have worked long hours overnight to make progress on reopening a road link between Timaru and Ashburton.
Desert to Power Initiative gains momentum in Burkina Faso
AfDB has approved $54 million loan to the government of Burkina Faso for the Yeleen solar plant, which forms part of the Desert to Power Initiative.
Cooper Energy poised to get its Sole, Downer leaves site
Cooper Energy is close to unlocking gas from its Sole project in south-eastern Victoria.
Ramaphosa Pledges Tough Love for Ailing South African Firms
(Bloomberg) -- Sign up to our Next Africa newsletter and follow Bloomberg Africa on TwitterPresident Cyril Ramaphosa said he’s ready to make tough decisions about the future of South Africa’s struggling state-owned companies, after placing the national airline into bankruptcy protection last week.“Business
Useful tips and tricks to deal with load shedding | IOL News
As South Africans brace for a dark festive season, experts have offered useful tips and tricks to help deal with ongoing load shedding.
Bison Trails Founder on Libra Membership & $25.5M Funding Round
Joe Lallouz speaks on the future of blockchain infrastructure and the company that he founded, Bison Trails.
China's Pig Herd Rises for First Time in a Year in November
China's pig herd increased by 2% in November compared with the prior month, the agriculture ministry said on Monday, the first increase in a year.
FOMC to leave the target range unchanged – NBF
According to analysts at National Bank Financial, the highlight of the week will be the central bank’s monetary policy meeting in the US. Key Quotes “
U.S. Dollar Czar: “No Need” for Fed Issuing Digital Dollar in Next 5 Years
In recent weeks, there has been growing talk among influential U.S. figures concerning the prospects of "digitizing" the dollar via blockchain technology.
Nigeria's weak operating environment is still a challenging factor for the banking sector
Moody's Investors Service has said that Nigeria's weak operating environment posed a challenge to the banking sector in maintaining the recent improving trend, particularly as regards asset quality, given the increasing bank lending.
Slowdown only cyclical, India's growth potential not lost: Chief Economic Advisor
Subramanian said that there was, needless to say, a slowdown in the economy but it needs to be assessed whether it was structural or cyclical in nature. Indias GDP growth in Q1 of the current financial year, fell to a 6-year low of 5%, while Q2 slowed down further to 4.5%. The Reserve Bank of India has also lowered its GDP forecast for 2019-20 from 6.1% to 5%.
BuzzFeed UK threatened with being dissolved over late accounts
The online media business is already more than two months late and risks fines unless it files its 2018 financial information soon.
Elizabeth Warren Built the Consumer Financial Protection Bureau. It Became a Revolving Door.
When Sen. Elizabeth Warren (D-MA) began staffing up the Consumer Financial Protection Bureau in 2010 and 2011, she did something that appeared, at first blush, to be highly counterintuitive. Instead of limiting staff to those with extensive background in consumer activism and regulatory policy, she chose
China’s advanced type PCL191 multiple rocket system in strategic proximity to Taiwan – reports
A report in the latest issue of Modern Ships praises the Chinese multiple launch rocket system called the Type PCL191 as the most cutting-edge piece of weaponry capable of firing both rockets and ballistic missiles. The modular launcher appears to be based on the AR3 system intended for the export market. Unlike other weaponry on display in Beijing during China’s National Day military parade on 1 October, the Type PCL191, dubbed by CCTV as “a self-propelled rocket launcher with precision strike capability”, traveled up and down the streets of the capital loaded on the back of heavy-duty trucks almost anonymously, the report has it. It also gives an in-depth description of the system’s capacity saying it can carry eight 370 mm (14½ inch) rockets – each with a range of 350 km (220 miles) – or two 750 mm Fire Dragon 480 tactical ballistic missiles, capable of flying up to 500 km. According to PLA Daily, an MLRS brigade was stationed with the 72nd Group Army in Huzhou, in the province of Zhejiang on China’s eastern…
WTI drops 1% towards $ 58.50 amid trade tensions, weak China exports
WTI (oil futures on NYMEX) is down over $1 from three-month highs of 59.85 reached last Friday after the OPEC and its allies (OPEC+) agreed to deepen
Road accident claims 12 lives in Niger
FRSC in Niger says 12 people have died in an accident on Sunday at Sawmill village along Mokwa -Makera road in Mokwa Local Government Area of the state.
French-listed behemoth Elis weighs bid for Spotless Laundries
French behemoth Elis is weighing a bid for Spotless' commercial laundries business.
10 CLSA India employees may join Jefferies: ET NOW
CLSA analysts Mahesh Nandurkar and Ashish Agrawal are among those employees who are making the switch.
Share market highlights: Sensex ends 43 points up, Nifty near 11,950; TCS, HCL Tech top losers
Share Market News Today | Sensex, Nifty, Share Prices LIVE: The headline indices Sensex and Nifty ended marginally higher on Monday afternoon, amid volatility.
Crypto Is Money: Dai Stablecoin Support Arrives on Coinbase Debit Card
If you can spend cryptocurrency in mainstream society, then crypto is money -- at least so says the tech's biggest proponents.
Why I'm a libertarian defeatist about Medicare-for-all
America's health-care system isn't worth defending and a free market alternative is never going to happen. What's a libertarian to do about Medicare-for-all?
59 mn added under PM Jyoti Bima Yojana, 154 mn under Suraksha Yojana: Govt
The PMJJBY offers life insurance cover of Rs 2 lakh in case of death due to any reason to people in the age group of 18-50 years having a bank or post office account
Packaging Forum urges Gov support to advance war on plastic
The country’s leading packaging member-based organisation is eager to work with Government to bring an end to plastic waste in New Zealand.
$251m equity raising a bridge too FAR?
FAR's $US350 million debt raising is in train but it is also seeking to sell a big equity stake.
Winners of the Digital Sky Challenge announced
BRUSSELS - The winners of the aviation challenge themed as Digital Sky Challenge1 were announced at the awards ceremony as part of the SESAR Innovation Days2 on 4 December in Athens. Jointly organised by the SESAR JU and ACI Europe and hosted by Athens International Airport, the Digital Sky Challenge took place on 2-4 December in a dedicated airside facility of the airport. The event brought together 52 young tech-talents from 11 European countries competing in 12 teams to create breakthrough
Jeff Bezos says employee activists are wrong and Silicon Valley firms should feel comfortable doing business with the US military
Amazon CEO Jeff Bezos threw his weight behind the US Department of Defense on Friday, saying that unless big tech companies collaborate with the US military, “this country is in trouble.”
The US raked in a record $7.2 billion in tariffs in October, new data shows
The US government collected a record amount in tariffs in October as a trade dispute between the Trump administration and China escalated. Reven...
IHH Healthcare receives shareholders’ approval to acquire Prince Court
KUALA LUMPUR, Dec 9 — IHH Healthcare Bhd hopes to complete its proposed acquisition of the Prince Court Medical Centre in the first quarter of 2020, following the strong approval obtained from its shareholders at an extraordinary general meeting today. In a statement, the healthcare provider said...
Once propped up by Qatari high-rollers, Saudi city prays for truce
Jackhammers and cranes gather dust at half-built Qatari-funded hotel sites in a Saudi city hit hard by an abrupt diplomatic rupture, but signs of thawing cross-border ties are reviving economic hopes.
False fire cladding claims caught out by regulator's new teeth
Fire testing reports have been a frequent focus of the Queensland Building and Construction Commission since it was granted stronger investigative powers.
A British oil stock tanked 60% after the shock resignation of the CEO and head of exploration, Business Insider - Business Insider Singapore
Business Insider - Tullow Oil plunged after the CEO and the exploration director suddenly quit. The company also halted its dividend and reduced its production guidance.. Read more at businessinsider.sg
New programme launched to support ocean economy innovation
OceanHub Africa launched their Ocean Innovation Africa event in Cape Town, aimed at mitigating the effects of global warming and pollution of the oceans.
My predictions for health trends in 2020
Quinoa will go mainstream, and flying to Peru to buy quinoa will no longer be cheaper than buying at Fabindia, predicts the writer
Golden Ocean Group: Very Strong Results Despite The Trade War
Golden Ocean Group delivered a phenomenal quarter despite the mixed headline numbers.The dry bulk trade set new records during the third quarter in spite of the escalating trade tensions between China
European companies minimise risks from US-China trade war
BEIJING, Dec 9 — European companies in China have been able to minimise the effect from the tariff war between Beijing and Washington, although some are considering relocating their businesses, the EU Chamber of Commerce said today. The world’s two biggest economies have been entangled in a...
Nedbank notches up 1.7m digitally active customers
The bank witnesses a 30% growth rate across its digital banking platforms, with over one million app downloads.
Insurance, road tax for Zahid's 20 vehicles paid by Yayasan Akalbudi, court told
KUALA LUMPUR, Dec 9 — The High Court today was told that the road tax and insurance for 20 vehicles belonging to former Deputy Prime Minister Dr Ahmad Zahid Hamidi amounting RM107,509.55 was paid using funds from Yayasan Akalbudi Foundation fund, between January and September 2015. Allianz...
EU unveils €3bn research fund to develop batteries
Seven member states to invest in the project which is set to run until 2031
Catalyst Pharmaceuticals: A Potential Double In 2020
Firdapse is expected to be approved outside the U.S.Profitability is expected this year, and the P/E is only about 4.6.Catalyst's lawsuit against the FDA has a decent shot at success.The primary compe
Northumbrian Water-an energy mix that delivers for the planet
Embracing a mix of sustainable energy sources, a zero carbon future is high on the agenda for Northumbrian Water...
USD/CHF starts new week quiet around 0.9900
Despite a 30-pip rebound fueled by the broad-based USD strength on Friday, the USD/CHF pair erased 100 pips for the week and is now staying flat on th
DENR wants public, stakeholders to help solve garbage crisis
THE Department of Environment and Natural Resources (DENR) admitted that the government alone cannot solve the garbage problem and called on stakeholders and the public to join hands in addressing the crisis.
EU approves 3.2 billion euro state aid for battery research
BRUSSELS (Reuters) - The European Commission approved on Monday 3.2 billion euros ($3.53 billion) of state aid from seven European Union countries for research and innovation in battery technology.
Luno Planning To Add Ripple To Its List By Early 2020
Luno, the cryptocurrency exchange, seems to be making waves of late. Less than a month after it officially announced its comeback in Malaysia and plans to expand its cryptocurrency list, the company recently announced that
Cryptocurrency Exchange - Here are tips to choose the best
The exchange you must have decided to make use of will greatly determine whether your crypto investment will be profitable or not in the long run. There are lot...
Bluecoins is a simple-to-use personal finance app with tools for budgeting and account management
Bluecoins is an easy-to-use personal finance manager that can help you manage your expenses, create a budget, and keep a track of your income.
Once propped up by Qatari high-rollers, Saudi city prays for truce
Al-Ahsa (Saudi Arabia) (AFP) - Jackhammers and cranes gather dust at half-built Qatari-funded hotel sites in a Saudi city hit hard by an abrupt diplomatic rupture, but signs of thawing cross-border ties are reviving economic hopes. Saudi Crown Prince Mohammed bin Salman has downplayed the dispute with
Fashion Industry Warns the World to Heed Dire Climate Warnings
The global fashion industry is drawing on its own "social and cultural weight" to lead the world into tackling climate change.
South Korea to Impose Capital Gains Tax on Crypto
The South Korean Ministry of Economy and Finance has decided to impose capital gains tax on digital currencies.
LASEMA boss to educate residents on safety at home
Director-General of LASEMA, Dr. Femi Oke-_Osanyintolu, is expected to deliver a lecture on safety at home as management of Radio Lagos Station is holding...
India orders over 36,000 metric tonnes of onions; imports at 5-year high
State-run trading firm MMTC has already floated a tender for buying 21,090 metric tonnes (MT) of onions from Turkey and Egypt and the shipments are expected to arrive mid-January
A Great American Achievement
The new government statistics are out.September marked the first month that U.S. exports of crude oil, and petroleum products, surpassed imports since the government started recording the data in 1949
Former Fed Chief Paul Volcker, Inflation Tamer, Dies at 92
In working to help the U.S. economy recover from the 2008 crisis, he proposed what became known as the Volcker rule that restricted banks from making high-risk investments
Your farm, your business: 5 ways to save time and money!
Multi-faceted Stettler company provides mobile electronics solutions, office supply help and more
SSM to offer big discounts on compounds
PUTRAJAYA, Dec 9 — The Companies Commission of Malaysia (SSM) will offer discounts up to 90 per cent for the settlement of compounds imposed on registered corporations from January 1 to April 30, next year. Domestic Trade and Consumer Affairs Minister Datuk Seri Saifuddin Nasution Ismail said the...
SAIL reworks marketing strategy to draw high volume sales in November
Company clocks 36% YoY rise in volume sales to 1.40 million tonnes
Crowley Webb brings blue-collar vibe to renovated digs
Crowley Webb has come a long way since its founding 33 years ago. What started as a small firm with an office on lower Franklin Street in...
Meet the "Blue Magpie": Taiwan's New Domestically-Made Fighter?
Here's what we know.
NK tried out rocket engine in 'very important' test
Satellite imagery captured before and after North Korea conducted what it called a "very important" test at its missile launch site suggested it had tested a rocket engine, experts said on Monday.
Private equity tycoon Guy Hands looks to buy struggling Kier Living
Hands' private equity firm - Terra Firma Capital Partners - is one of the last remaining bidders for Kier Living.
Christmas Comes Early With These 28 Upcoming Dividend Increases
All stocks have at least five fiscal years of dividend growth history and come from the U.S. Dividend Champions List.28 increases for next week (up from 5 last week).An average increase of 5.77%, medi
France's Sanofi to buy Synthorx for US$2.5 billion
France's Sanofi said on Monday it had agreed to buy Synthorx in a cash deal worth around US$2.5 billion as it seeks to beef up its ...
FG: All agencies, ministries must publish details of financial activities daily
The federal government has directed that all ministries, departments and agencies (MDAs) must publish a daily statement of their financial activities
MMDA announces reactivation of Pasig River ferry
The Metropolitan Manila Development Authority (MMDA) reactivated the Pasig River Ferry Service (PRFS) on Monday as an alternative means of transportation that can help ease the traffic congestion in the metro.
Eye in the sky: how satellite positioning could help Australian mines
New satellite technology could be worth A$6bn to the Australian economy; we speak to Geosciences Australia about the technology’s potential in mining.
Debt profile: MAN raises concerns over Nigeria’s rising figures
Manufacturers in Nigeria have disclosed that President Buhari's request for more loan to fund the 2020 budget is a serious source of concern.
BoC to cut rates just once in 2020 – TDS
Analysts at TD Securities have changed their call and are now looking for the Bank of Canada to cut rates just once in April 2020. Key Quotes “While t
Virgin Galactic leaps after Morgan Stanley says the company's stock can jump 203% over the next year
Virgin Galactic stock surged as much as 21% on Monday after Morgan Stanley initiated coverage on the company with a buy-equivalent rating The fi...
Elastic: Dramatically Lowered Valuation Justifies Billings Slowdown
Shares of search company Elastic have peeled back ~20% ever since reporting Q2 results.Most notably, investors hammered the company on its deceleration down to 45% y/y billings growth (on a constant c
BoB to sell 10.4 mn shares in proposed UTI AMC initial public offering
Last week, the country's largest lender State Bank of India had approved diluting up to 8.25% stake in UTI AMC
Catching Up: NatWest Adds More Features to Banking App
The race to compete with emerging Fintechs is compelling most all banks to up their game. This is good for the consumer. Better service and lower costs (hopeful
Nakuru MCAs pass bill to promote tourism
The Bill which has been forwarded to Governor Lee Kinyanjui for assent.
NNPC seeks support in curbing oil pipelines vandalism
The Nigerian National Petroleum Corporation (NNPC) on Monday called on Nigerians and security agencies to join its effort at curbing the menace of oil....
Russian cargo ship docks at International Space Station
Dec. 9 (UPI) -- The International Space Station is running out of docking ports. Russia's Progress 74 cargo ship, which linked up with ISS early Monday morning, is one of five craft attached to the space station.
FBI and US Marshals warn of heinous scammers demanding payments via Bitcoin ATMs
The United States Marshals and Federal Bureau of Investigation don't want you to forget about Bitcoin scammers pretending to be people they're not.
Quake hits Florence area, trains temporarily suspended
An earthquake hit north of Florence on Monday morning, forcing trains across Italy to be cancelled or severely delayed.
Universal Credit changes coming into force in 2020 for 12million people
The end of the five year freeze will bring relief to the 10million benefit claimants - 2.5million of whom are on Universal Credit - who've struggled at the hands of inflation for years
Ethereum Price Analysis: ETH Claims $150 But Can It Go Any Higher?
Ethereum finally broke above the $150 level but now struggles at the resistance at $152. ETH broke beneath the lower boundary of the symmetrical triangle
A2 Milk chief executive resigns
More than a billion dollars has wiped off the value of New Zealand's biggest company this morning following the surprise resignation of A2 Milk's chief executive. In a market announcement, Jayne Hrdlicka said she had not anticipated the amount of travel involved when she took up the role 18 months ago. Jayne Hrdlicka would be replaced by the former chief executive Geoff Babidge, while the company began a global search for her replacement. The company, which is dual listed in New Zealand and Australia, opened sharply lower at the open this morning, wiping more than a billion dollars off its market value. The shares were trading about $14.30 in the first 15 minutes of trading, from $15.17 on Friday, with a market value of $10.52 billion, compared with $11.63b on Friday.
CBRE marketing UPMC's never-occupied Freight House Shops space as available for sublease
UPMC may not move into the Freight House Shops at Station Square after all.
Sensex rises 42 points; bank, auto stocks shine
The 30-share BSE Sensex stabilised in afternoon trade and settled with gains of 42.28 points or 0.10 per cent at 40,487.43.
Brazil cattle passing through feedlots grows 2% - DSM
SAO PAULO, Dec 9 (Reuters) - The number cows slaughtered in Brazil after spending 90 days in feedlots is estimated to have grown by 2% to about 5.3 million head in 2019, a survey of Brazil's cattle market by Dutch nutrition company DSM showed on Monday.The number will continue to grow as Brazilian ranchers seek more efficient ways to raise and finish livestock, DSM executives said at a media presentation, adding that an estimate for 2020 will be released in February.(Reporting by Ana Mano)
Thieves carry out 'utterly devastating' raid at charity-run farm
The criminals seized a van, cash and equipment from Elm Tree Farm
SunTrust, BB&T banks complete merger, creating Truist
The merger between Atlanta-based SunTrust and Winston-Salem, N.C.-based BB&T has been completed, creating the nation’s sixth-largest bank, serving about 10 million consumer households,...
USD/JPY Technical Analysis: Turns vulnerable below 50-DMA, ascending trend-line confluence support
The USD/JPY pair extended last week's pullback from six-month tops and remained depressed for the third consecutive session on Monday, also marking it
Time to Remodel Your Portfolio With Home Depot Stock
Home Depot stock is finally finding some support after a sharp 10% drop. HD should begin to head higher over the coming weeks.
Co-op Refinery transporting staff via helicopter as job action continues
The Co-op Refinery says it is using helicopters to transport staff into the Regina facility as job action continues.
Prestige Assurance appoints new Managing Director
Prestige Assurance Plc has appointed Sarberswar Sahoo as its new Managing Director following the expiration of Dr Balla Swamy’s tenure.
Peloton's Controversial Ad Wasn't a Total Loss; It Taught Entrepreneurs a Valuable Lesson in Consumer Behavior
The whole Peloton ad debacle will soon be forgotten, but no one should overlook the valuable lessons it teaches entrepreneurs.
A researcher who interviewed 45 millionaires and billionaires found that they all shared a similar trait: a problem with authority
Many ultra-wealthy people are great leaders, but that doesn’t mean they’re good at being led.
NZD momentum finally reflected in positioning – ING
As per the CFTC data for the week between 27 Nov-3 Dec, the New Zealand dollar net speculative positions dropped by 13% of open interest, and is now a
World’s first human composting site to open
The world’s first funeral home dedicated to composting human beings is set to open in 2021 – allowing those left behind to turn their dearly departed into soil. US ‘deathcare’ company Recompose will
I'm young, single, and healthy, but I just bought $300,000 of life insurance and it was a no-brainer
Realizing that my own death could create a financial burden for my family members made it clear to me that life insurance is a no-brainer.
As the Founders Depart, There’s a Real Opportunity in Alphabet Stock
With the company's founders stepping back, CEO Sindar Pichai could have more freedom to unlock some of the underlying value in Alphabet stock.
Gold slides ₹32 on stronger rupee, global cues
Gold prices fell by ₹32 to ₹38,542 per 10 gram in the national capital on Monday due to rupee appreciation and selling in global market, according to HDFC Securities. On Saturday, the precious metal h
US Agriculture Sec. Perdue: Do not believe tariffs will be implemented on December 15th
United States Agriculture Secretary Sonny Perdue crossed the wires in the last minutes saying that he does not believe the tariff hike will go into ef
Meeting on pending Central Excise and Service Tax cases held
A meeting to explain the procedure to be adopted for settling pending Central Excise and Service Tax-related cases under ‘Sabka Cishwas (Legacy Dispute Resolution) Scheme, 2019’ to taxpayers was held
Bakkt Launches The First CFTC-Regulated Option on Bitcoin And Cash-Settled Futures
Bakkt, the Bitcoin Futures trading platform of the Intercontinental Exchange (ICE), has just announced that it's rolling out cash-settled Bitcoin futures
Buhari inaugurates treasury portal, says Nigerians can now monitor govt spending
The Federal Government has launched the Open Treasury Portal, with the hope of making public the daily treasury statement on how monies that come into government coffer are being spent. This was...
Central GST collection falls short of budget estimate by 40% during Apr-Nov
The minister said that as many as 999 cases were registered till October in the current fiscal for GST evasion and Rs 8,134.39 crore has been recovered.
The Saudi Aramco IPO Overvaluation Is Overblown
The Saudi Aramco IPO will surpass Alibaba's as the biggest in history.Analysts had made valuation estimates for the company that ranged from $1.1 trillion to $2.5 trillion.The company settled on a val
Challenges Faced by Running Mining Operations and How to Mitigate Against it
Whenever bitcoin mining is mentioned, it is normal for the mind to drift towards pickaxes, and getting oneself messed up with dirt while striking it big. Such thoughts aren’t far fetched from the actual meaning of bitcoin mining.
Shareholders in revolt over EOH pay policy
EOH is in the cross-hairs of shareholders over executive pay, with an astonishing 65% of shareholders voting against the group’s remuneration policy and its implementation at Thursday’s AGM.
Nvidia trains AI to transform 2D images into 3D models
Nvidia Research and others collaborated to create the DIB-R framework that can predict 3D properties from 2D images to create 3D models.
WTI continues to erase OPEC-inspired gains, inches closer to $58
Crude oil prices gained traction on Friday after the OPEC and its allies (OPEC+) announced decision to deepen supply curbs by 500,000 barrels per day
Starting Strong: Young Farmers Survive on Solid Roots and Innovation
5 young farmers tell their stories of how they are building a solid foundation and a bright future on the farm.
Storytelling platform Wattpad to open office in Halifax in the new year
TORONTO — Storytelling platform Wattpad says it will open what it calls a second headquarters in Halifax to tap into the city's talent pool as the company grows.
Learning the right lessons from the onion crisis
Political parties that slam central governments on high prices for consumers/low prices for farmers will do zilch about getting their state governments to implement these reforms.
DBJ to on-lend $5 billion to MSMEs
The Development Bank of Jamaica (DBJ) will be on-lending $5 billion to micro, small and medium-sized enterprises (MSMEs) over the next 12 months. This was announced by Minister of Finance and the Public Service, Dr Nigel Clarke, at the launch of...
Monday’s Vital Data: Bank of America, Apple and JPMorgan Chase
Options trading was buzzing in Bank of America, Apple and JPMorgan Chase stock. Here are the metrics that matter moving forward.
Lazada’s millennial-friendly credit card is finally in Singapore - and it's offering a year's free shipping, plus tons of points, Business Insider - Business Insider Singapore
Business Insider - It includes free shipping on RedMart and Lazada for a year.. Read more at businessinsider.sg
BMA Wealth investors stage protests, demand Karvy-like refund action
Investors said while Sebi acted swiftly in the case of Karvy, it has done nothing to address their problem
China’s solar PV market grows despite US tariffs - GlobalData
The global solar PV market is expected to see a 13% growth in installations
Central bankers pay tribute to Paul Volcker
US Fed chairman who tackled 1970s-era inflation has died aged 92
An Industry in Transition: ThinCats Exits P2P Lending to Focus only on Institutional Money
Last week, P2P property lender Landbay announced it would no longer accept retail money as it moved away from the peer to peer lending model. Managing P2P inves
Ease of Doing Business: Karnataka to pick lessons from New Zealand
Karnataka aims to see an increase in economic growth and job opportunities with an improvement in ease of doing business. Officials must work towards bringing Bengaluru to the forefront in ease of doing business index.
After toll plazas, govt push for FASTag at Hyderabad airport parking
It has given a major fillip to the Digital India initiative by converting cash toll payments to electronic and brought in an enhanced transparency in entire tolling ecosystem, the ministry said
Dash Investors’ Missing Funds Returned, Moocowmoo Resurfaces
After months of speculation as to the whereabouts of Moocowmoo and the location of Dash investors’ funds, it seems he’s finally woken up.
Orchid Island Capital: In A Coma
Orchid Island Capital (ORC) has paid $10.705 as total dividend per share since its IPO in 2013.The company reported a disappointing Q3 2019 and was hit by analyst downgrades.For now, it’s a risky risk
We broke down the differences between credit card points and frequent flyer miles — here’s why you should be collecting both
Even though a ton of credit cards offer “points” or “miles” for every dollar you spend, those points can be very different things. Each bank and frequent flyer program has its own rewards currency that can be used in different ways. That makes it complicated when you’re trying to choose a credit card; two different cards could offer double points on purchases, but those points could have different values, and could be best for two different things.
RM164m monsoon aid allocation to be distributed to rubber smallholders, tappers
KUALA LUMPUR, Dec 9 — An allocation of RM164 million will be distributed to 274,639 rubber smallholders comprising 255,997 business owners and 18,642 rubber tappers through the 2019 Monsoon Season Aid programme. According to Economic Affairs Minister Datuk Seri Mohamed Azmin Ali, aid of RM600 per...
Flying cars could lure investors away from ground-based services: survey
(Reuters) - Electric air taxis — known colloquially, if somewhat misleadingly, as “flying cars” — could draw millions of investor dollars away from ground-based transportation start-up firms in 2020, according to a study released on Monday.
I’m young, single, and healthy, but I just bought $300,000 of life insurance and it was a no-brainer
When you're young, single and healthy, life insurance is probably the furthest thing from your mind. After all, you're in the prime of your life and have other expenses to think about. You're saving for retirement, a home, or investing for your future. Putting funds towards an event that is statistically unlikely to happen in the immediate future sounds like a waste of money. At least that's what I thought. The importance of having life insurance didn't hit home until I lost two younger family members within the same year. Both passings were unexpected and a complete shock. These were two perfectly healthy young men in their early 20s. Friends and family pitched in to cover funeral expenses, which provided the families one less thing to worry about during difficult times. Nothing makes up for the loss of a loved one, but the removal of that financial stress allows grieving families some reprieve. Their deaths made me realize life insurance is a no-brainer These events got me thinking about how absurd my invincibility…
Shareholders advised to vote against Richard Baker-led offer for HBC
An influential proxy advisory service is recommending shareholders vote against a takeover offer for Hudson's Bay Co. by a group led by the retailer's executive chairman.
European Union permits state aid to develop electric battery giants
The EU's powerful anti-trust authority on Monday approved billions of euros in subsidies from seven member states as Europe seeks to make up lost ground in the highly strategic sector of electric batteries. The move is part of a major push led by Germany and France to prepare Europe for the emergence of electric cars, as gas combustible engines are phased out over concerns for the environment.
Storytelling platform Wattpad to open office in Halifax in the new year
Storytelling platform Wattpad says it will open what it calls a second headquarters in Halifax to tap into the city's talent pool as the company grows.
Rupee darts up 16 paise to 71.04 against U.S. dollar
The rupee pared initial losses and settled 16 paise up at 71.04 against the U.S. dollar on Monday amid softening crude oil prices and weakening of the greenback vis-a-vis other currencies overseas. Fr
Yellow Cake Is A Lower Risk Investment In The Uranium Industry
Yellow Cake is trading at a discount to net asset value and the company has communicated it will rely on share buy-backs if the discount persists.The annual holding cost is expected to be relatively l
TTK Prestige to boost home solutions portfolio, eyes new verticals
While it is launching 30 SKUs in the home cleaning range, other products in the electrical and non-electrical spaces are on the drawing board
Kochhar challenges RBI decision to terminate her; HC seeks bank's response
Banking Regulation Act says that prior approval of the RBI is required to terminate the contract of a bank's chairman or managing director
Pace of housing starts edges up in November on strength in B.C., Alberta
Canada Mortgage and Housing Corp. says the annual pace of housing starts edged higher last month compared with October, although there were declines in five provinces.
Lebanese entrepreneurs think digitally if given space to grow – Arabnet Report
Mubasher: Lebanon’s entrepreneurial ecosystem flourished making the country among the major assets for digital innovation across the MENA region, following the implementation of Circular 331 of the Central Bank of Lebanon back in August 2014. …
Windy weather sets new renewable power record for Britain
Extra power on the network on Sunday meant National Grid paid some households to use electricity.
Chanda Kochhar termination: Bombay HC seeks RBI's reply before next hearing
Earlier, Kochhar had stated that ICICI Bank was under statutory obligation to obtain prior RBI approval to terminate her from service, and claimed that the bank did not seek any such approval.
Market watch: Index ends in red amid lack of triggers
Benchmark index decreases 289.44 points to settle at 40,442.81
EBRD invests $4m in Turkish bus-ticketing service firm oBilet
Mubasher: The European Bank for Reconstruction and Development announced an equity investment of $4 million in Turkish online bus-ticketing service provider oBilet.
A researcher who interviewed 45 millionaires and billionaires found that they all shared a similar trait: a problem with authority, Business Insider - Business Insider Singapore
Business Insider - The ultra-wealthy's inability to do things "by the book" may be part of what makes them successful, according to German researcher Rainer Zitelmann.. Read more at businessinsider.sg
Sensex rises 42 points in range-bound trade; bank, auto stocks spurt
Market benchmark BSE Sensex rose over 42 points on Monday to close at 40,487.43, driven by buying in select bank and auto counters. After opening on a weak note, the 30-share BSE Sensex stabilised in
FG Hopeful Of Securing $500M AFDB Fund For Technology Innovation
The federal government is optimistic of securing a $500 million AFDB fund for technology innovation in the country, Trade and Industry Minister, Richard Adebayo has said.
France ready to take Trump’s tariff threat to WTO
RIYADH: Saudi Arabia’s Ministry of Finance has kicked off a tour for foreign investors in Riyadh today ahead of the 2020 Budget Forum on Dec. 10. Twenty two international investment companies from Taiwan, the US, the UK, Malaysia, Indonesia, Japan, Hong Kong, Germany and France have been invited to visit some of the Kingdom’s top non-oil based companies. The group includes a
Two Turkish firms in world's top arms makers see their turnover surge in 2018
Arms sales of two Turkish firms listed in the sector’s largest 100 companies increased in 2018 as they managed to maintain their rankings in the list, a...
Gatchalian urges DTI, DA to closely monitor prices of basic goods
Senator Sherwin Gatchalian has urged the Department of Trade and Industry (DTI) and the Department of Agriculture (DA) to closely monitor the prices of basic goods and commodities this month as Filipinos celebrate the Yuletide season.
Equity flows see sharpest dip in 3.5 years, slip 78% in November
Flows were 78% low compared to Oct; lump sum investments hit
Works restart at Forrestania Nickel Operation in Western Australia
Nickel mining firm Western Areas has resumed normal operations at its Forrestania project in Western Australia, following a bush fire incident last week.
Cashel allocated funding through new €15.5m Fáilte Ireland Destination Towns Scheme
In Cashel the funding will help create an extension to the existing Main Street Plaza
Optimism abounds among industry players on Industry 4.0
Indonesia has already been in the Industry 3.0 stage where industries have adopted automation especially for tasks that are considered to be dangerous for humans.
Cytonn Ranks KCB As The Most Attractive Bank In Q3 of 2019
Cytonn Investments has ranked KCB Group as the most attractive bank in Kenya, in its Q3 2019 Banking Sector Report.The multi-investment company says that KCB's ranking is as a result of a strong f
USD/CAD price analysis: Greenback trades sideways against Canadian dollar, near 1.3250 level
The loonie on the daily chart is consolidating last Friday’s surge. This Monday, the spot is trading quietly between the 100 and 200-day simple moving averages
Central GST falls short of budget estimate by 40pc in April-November
CGST collection during Apr-Nov stood at Rs 3.28 lakh crore against budgeted estimate of Rs 5.26 crore.
Bombay HC seeks RBI's response on plea against Chanda Kochhar's termination as ICICI MD
A division bench of justices Ranjit More and SP Tavade directed the Reserve Bank of India to submit its reply by December 16. The bench will hear the matter next on December 18
Chilango confirms plans to launch CVA and exit leases
Embattled Mexican chain Chilango has confirmed that it plans to launch a company voluntary arrangement (CVA) in a bid to secure the future of its business.
Buhari fails to renew Fowler’s tenure, names new FIRS chairman
President Muhammadu Buhari has appointed Muhammad Nami to replace Babatunde Fowler as chairman of the Federal Inland Revenue Service (FIRS)
MOBI to Develop Mobility Payments Network for Machine-to-Machine Transactions Based on Blockchain
MOBI, the Mobility Open Blockchain Initiative, is exploring blockchain for use in a new digital mobility ecosystem that could make transportation safer, more affordable, and more widely accessible. According to reports from Bloomberg on December 8, the non-profit organization is developing a blockchain-based payment network that allows for machine-to-machine transactions.
Bitcoin - Correction Soon To Be Over
Bitcoin has been stuck in a bear market since December 17th, 2017.Its weekly chart is oversold and probably close to a trendchange.Professional money has not yet fully positioned for a new rally.There
SunTrust, BB&T banks complete merger, creating Truist
The merger between Atlanta-based SunTrust and Winston-Salem, N.C.-based BB&T has been completed, creating the nation’s sixth-largest bank, serving about 10 million consumer households, officials of the combined company announced Monday.
Lithuanian Central Bank Announces Blockchain Collector Coin
The Bank of Lithuania announced that it will release its first digital, blockchain-based collector coin in the spring of next year.
Paul Volcker, Former Federal Reserve Chairman, Dies At 92
He led the country's central banking system in the late 1970s and 1980s.
Under NDCP, TRAI seeks industry's views on unbundled licensing regime
The move came after the Telecom Department sought the regulator's recommendation on the issue
3 Top Small-Cap Stocks to Buy Right Now
One way for investors to build wealth is to find great companies with growth potential while they're still small.
Merger Arbitrage Mondays - Thoma Bravo's Acquisition Of Instructure Includes A Go-Shop Provision
Merger activity increased with five new deals announced.The acquisition of Audentes Therapeutics by Astellas Pharma.The acquisition of AK Steel Holding Corporation by Cleveland-Cliffs.
Five famous people you probably didn’t know were of Tanzanian descent
Tanzania is the largest country in eastern Africa. It is known as the highest point in Africa with the Kilimanjaro and its beautiful islands such as Zanzibar, Pemba, and Mafia. The country which was formed by merging Tanganyika and Zanzibar became independent in 1964. Until resigning as president in 1985, independence leader Julius K. Nyerere...
Paul Volcker, inflation tamer who set bank risk rule, dies at 92
Volcker was called on to devise a successor to the gold standard, a cure for runaway inflation and a response to the housing-market collapse.
‘Tisoy’ retired as name of tropical cyclone
Destructive typhoon “Tisoy” (international name: Kammuri) will soon be retired by the Philippine Atmospheric, Geophysical and Astronomical Services Administration (PAGASA) from its list of tropical cyclone names due to the cyclone's massive damage to infrastructure and agriculture.
Wall Street starts new week on back foot
Wall Street's main indexes started the first day of the week in with modest losses as investors refrain from making large bets while waiting for fresh
Buy Ollie's Ahead Of The Q3 Report
Ollie's is due to report Q3 earnings next week.With shares languishing, I think they represent compelling value.The key risk for Q3 is margin performance, but I see a lot of bad news priced in already
Biz EOD: GST filing streamlined; India imports 36,000 MT of onions; SBI cuts lending rates
Catch top stories from the world of business and economy with BusinessToday.In's end of day report
Cades Cove Loop Road closed for tree clearing
According to the National Park Service, Cades Cove Loop Road will be closed starting Monday.
Canopy Growth shares get lift after Constellation executive named new CEO
Shares of Canopy Growth Corp. got a lift after the cannabis producer named a veteran Constellation Brands executive as its new chief executive.
PM Imran Khan inaugurates Pakistan’s first National Science & Technology Park
Prime Minister Imran Khan inaugurated the National Science & Technology Park (NSTP), a flagship project of the National University of Sciences & Technology (NUST).
Eurex Strengthens European Bond Market with New Product
Eurex will improve its offering by launching EUR-denominated fixed income ETF options starting today
Canada: Firm housing starts data for November – RBC
Josh Nye, senior economist at the Royal Bank of Canada, notes that the Canadian housing starts were little changed at 201,000 in November with six-mon
Too much regulation on bitcoin and cryptocurrency could scare away future tech innovators
The FCA must strike a balance when it comes to protecting customers, regulating bitcoin and cryptocurrency, and not stifling tech innovation.
Female miners position themselves as gold mining takes shape in Mubende, Kassanda
Kampala, Uganda | THE INDEPENDENT | Although women play a much bigger role in artisan and small-scale mining in Uganda, they are less recognized and generally get poor remunerations. Women in Mubende-Kassanda gold mines are striving to change the narrative as mining activities take shape in the area. A 2018 study conducted by Global Rights …
Rupee firms up to five-month high against dollar; strengthens by 15 paisa today
Moody
Local developer deploys machine learning to accounting tool
Syncrony Digital wants to develop a machine learning component for its GreenLine financial close platform.
WeWork's Fall Was a Disaster. A Full-Page Ad Isn't Going to Change That
The company's adman marketing chief wants you to know the company means business.
Intel CEO Blames Company's Obsessive Focus on Capturing 90% CPU Market Share For Missing Out on Other Opportunities
Intel chief executive Bob Swan says he's willing to let go the company's traditional dominance of the market for CPUs in order to meet the rising demand for newer, more specialized silicon chips for applications such as AI and autonomous cars. From a report: Intel's Bob Swan blames being focused on ...
USD/JPY drops to fresh five-day lows below 108.50
After losing its momentum ahead of the 110 handle at the start of the previous week, the USD/JPY pair reversed its course and closed with a weekly los
The Great Recycling Con
The greatest trick corporations ever played was making us think we could recycle their products.
Martires: One out of 40 households has had experience with corruption
Ombudsman Samuel Martires has revealed that one out of every 40 households in the country has had an experience with corruption activities.
Apple Has Added an Interest-Free Way to Buy an iPhone and Pay For It Over Time
A simpler (and cheaper) way to buy?
Morocco’s Bank Profits Exceeded $1.1 Bn by End of September
The profits of eight main Moroccan banks reached $1.1 billion at the end of September, a 0.96 percent increase compared to the same period last year, while the total net banking income increased 6.6 percent to reach $5.62 billion, according to financ
Markets surge on jobs, trade
By Michael McCarthy (chief market strategist, CMC Markets and Stockbroking)
Provable Things launch pTokens
pTokens, the world’s first token to enable decentralized finance interoperability between any…
SC Partially Lifts Ban on Construction Activities in Delhi-NCR
The SC had previously deferred lifting the ban, requested by the Centre, slamming the authorities for failing to curb the pollution that had caused a near medical emergency in the capital city.
Market Wrap, Dec 9: Sensex up 42 pts, Nifty at 11,937; Auto stocks gain
Sectoral indices ended the session mixed on the NSE. At close, Nifty Realty Index closed with a cut of 1.15 per cent, while Nifty Auto index closed 0.73 per cent higher
Eddie Cross: It cannot be Business as Usual in 2020
By Eddie Cross If there is one thing our leadership has to understand as we approach Christmas this year, it is that in 2020, we cannot continue to do things the way they have been done in the past decade. We go out of 2019 with so many areas of failure in terms of policy and activity that it is difficult to pick them out and deal with them one by one. So this weekly letter is going to cover my personal wish list for my country in 2020.
Business leaders in their own words on policy
Australian business leaders reveal what they want from government - and the big opportunity Australia missed in the past decade.
UK CMA Decision Looms Over Amazon’s Quest For Deliveroo Stake
UK Antitrust News: The Competition and Markets Authority (CMA) will decide if Amazon's quest to acquire a stake in Deliveroo (and its user data) can move forward.
Ireland ranks as EU’s largest importer of planes
Figures show 53% of bloc’s plane imports last year went to Ireland
Northland – Environmentalists’ ‘No’ to Auckland port shift
Northland environmentalists are speaking out against the proposed $10 billion Auckland port shift to Marsden Point in what one labels a ‘think big’ project - about 650 metres from a marine reserve.
GM Enters $2.3B JV To Further Production Of Electric Vehicles
EV Partnership News: General Motors announced that it is partnering with LG Chem to mass-produce battery cells for future battery-electric vehicles.
Saudi Aramco will exercise 15% greenshoe option in whole or part during first 30 days of trading: statement
RIYADH (Reuters) - Saudi Aramco will exercise its 15% greenshoe option in whole or part during the first 30 days of its trading period, its lead managers said.
Improving your credit score - The Mortgage Gal
As we move into the holiday season, mortgages are not top of mind for most of us.
Mapping South Australia’s big mines and new projects
We profile South Australia's largest and most ambitious mining operations, from significant uranium projects to the world’s largest zircon mine.
Over Rs 10 trn worth of loans disbursed under Mudra Yojana till Nov 1: Govt
The PMMY is a scheme launched by the prime minister on April 8, 2015, for providing loans up to Rs 10 lakh to non-corporate, non-farm small/micro enterprises.
'Bull Markets Often End With A Euphoric Rally Called A 'blow-Off Top.' We May Have Just Had One'
The current flatfish top has zero resemblance to the 2000 market top.I think this secular bull market has further to run and will end on a note more similar to that of 2000.One thing I'm pretty sure o
Call for import duty of fishing equipment to be abolished
KUALA LUMPUR, Dec 9 — A Dewan Negara member today proposed the that the import duty on fishing equipment, such as net, fishing line and engines, to be abolished to help ease the burden of traditional fishermen. Senator Datuk Razali Idris said the price of most fishing equipment has increased by...
After Earnings, Watch for Workday Stock to Strike $168.50
Workday stock lean bearish on the charts. Its valuation is a little rich, particularly amid this earnings report. What's up with WDAY stock?
Court rejects Minnesota’s renewal of US Steel mine permit
MINNEAPOLIS (AP) — The Minnesota Court of Appeals on Monday reversed a decision by state regulators to renew a wastewater discharge permit for U.S. Steel's giant Minntac iron ore mine...
Tim Draper Asserts $250,000 Still in Bitcoin’s Scope as Price Flails
For some reason or another, many investors and analysts have begun to fear the worst for the medium-term outlook of the Bitcoin market over the past few months.
Rail improvement works in Lancashire this Christmas
Rail teams are to work across Christmas to improve drainage on the main rail link out of Preston.
Road accident kills 12 in Niger - The Nation Newspaper
The Federal Road Safety Corps (FRSC) in Niger says 12 people have died in an accident on Sunday at Sawmill village along Mokwa -Makera road in...
Oracle Co. (NYSE:ORCL) Receives $57.42 Average Target Price from Analysts
Oracle Co. (NYSE:ORCL) has earned an average recommendation of “Hold” from the thirty ratings firms that are covering the stock, Marketbeat reports. Five research analysts have rated the stock with a sell recommendation, seventeen have assigned a hold recommendation and eight have assigned a buy recommendation to the company. The average 1-year price target among […]
Maruti Suzuki among top gainers on Sensex as output rises for the first time in 10 months
The car company produced a total of 1,41,834 units last month – 4.3% higher than the same month in 2018.
Rock collapse at gold mine in South Africa kills four workers
A rock fall at the Village Main Reef’s Tau Lekoa gold mine in Orkney, North West province of South Africa, has claimed the lives of four workers.
Peregrine Ventures raises more than €103 million for its fourth fund, to invest in MedTech startups
Peregrine Ventures, an Israeli MedTech venture capital fund, just closed its fourth fund, Peregrine 4, raising €103 million. Their partners include some of the leading institutional and private equity investors from Israel, the United States, Europe and Australia.
EU regulators to review rules defining companies' market power
BRUSSELS (Reuters) - EU regulators will review two-decade old rules that determine if companies have the market power to throttle rivals or control prices to take into account globalization and digitalization, Europe’s antitrust chief Margrethe Vestager said on Monday.
Apple Card’s new Monthly Installments feature may be about to launch
According to Apple's description of the feature in the Wallet app, the launch of the monthly installments option in the United States appears imminent.
Loans worth over ₹10 lakh sanctioned under MUDRA Yojana
The PMMY is a scheme launched by the prime minister on April 8, 2015, for providing loans up to ₹10 lakh to non-corporate, non-farm small/micro enterprises.
For IT pros, adding blockchain skills can pad your paycheck – by a lot
Beefing up on skills around blockchain development, management or engineering can earn techies some big bucks above their current salary.
Central bank changes required reserve regulations
The Central Bank of the Republic of Turkey (CBRT) on Monday lowered the reference values it uses to determine required reserve ratios for banks, while...
3 Healthcare Stocks to Buy and Never Sell
A holding period of forever sounds perfect for these top-tier businesses.
Accuity To Power GoCardless’ Recurring Payments Expansion Into US
GoCardless entered into a collaboration with Accuity to launch a seamless way for businesses to collect payments in the U.S. via an ACH-based debit offering.
Radish Farmers Lose RM177K After Neighbours Spread Rumour They Were Giving Crops For Free
Generosity went wrong. This is the kind of event none of us could've ever predicted. Three farmers who were kind enough to share some of their crops with their neighbours realised quickly that they would regret their generosity as their business faced RM177K worth of loss. Thousands of strangers came…
Fikile Mbalula: Prasa Placed Under Administration
Transport Minister Fikile Mbalula has announced that the interim board of the Passenger Rail Agency of South Africa (Prasa) has been dissolved with immediate effect and that it has been placed under administration. Mbalula made the announcement at a press briefing on Monday morning. He said Prasa had deep-rooted problems and merely replacing an interim […]
Global watchdogs urge ‘vigilant monitoring’ as big tech companies shift into financial services
Google and other big tech companies may have to share data on financial services customers with banks and fintech firms to prevent unfair competition.
Advanced Petrochemical proposes SAR 0.65/shr dividends
Riyadh – Mubasher: The board of Advanced Petrochemical Company has recommended the distribution of cash dividends to shareholders for the fourth quarter (Q4) of 2019 at SAR 0.65 per share, equivalent to 6.5% of the share’s par value. During a …
Medupi is a fitting symbol of the importance of our SOEs – Ramaphosa
The problems with the construction of Medupi and Kusile power stations account for much of the financial crisis at Eskom, says President Cyril Ramaphosa, but they are a fitting symbol of the importance of the country’s state-owned enterprises.
For Growth Stocks, Profits Are The New Normal
Profitable companies outperform by a wide margin over time, even among high-growth companies, which often post losses early in their lifecycles.This year's equity market landscape is littered with hig
Swedish court clears Stora Enso over largest wildfire in decades
STOCKHOLM (Reuters) - A Swedish district court on Monday acquitted Finnish paper firm Stora Enso of responsibility for causing Sweden’s largest wildfire in 40 years, instead fining a subcontractor.
Commission approves pan-EU battery project
The plan aims to invest more than €8 billion in battery projects across Europe over the coming decade.
HSBC COO to Step Down, Amid Senior Management Changes
There’s been a number of changes to the senior management team at HSBC, which have been made as part of the next phase of the bank’s strategy.
China reportedly bans foreign technology in government offices
China is reportedly planning to ban all government offices and public institutions from using foreign software and computers in a move that could dent sales by US tech companies and increase tensions at a crucial moment in the trade war.
2020 Lincoln Aviator Grand Touring plug-in hybrid range, fuel economy revealed
2020 Lincoln Aviator Grand Touring plug-in hybrid luxury three-row crossover fuel economy revealed. It has a solid electric range, but average fuel economy
Investors lay siege to SEBI office, demand Karvy-like action against BMA Wealth
On Monday, SEBI’s office came under siege as a crowd of 40-50 stock market investors blocked the main entrance of the regulator’s BKC office building. The commotion led to police being called to guard
Varonis Systems Inc (NASDAQ:VRNS) Given Average Recommendation of “Buy” by Brokerages
Varonis Systems Inc (NASDAQ:VRNS) has been given a consensus recommendation of “Buy” by the seventeen ratings firms that are currently covering the firm, MarketBeat.com reports. Four equities research analysts have rated the stock with a hold recommendation and twelve have issued a buy recommendation on the company. The average twelve-month target price among analysts that […]
HSBC reshuffles top team ahead of restructuring
Interim chief Noel Quinn plans big overhaul of group to slash costs in Europe and the US
Housing market heating up
The housing market is heating up ahead of the holidays, with positive signs of growth, according to ASB's latest quarterly housing confidence survey. The results suggested house price inflation was picking up and the upturn was expected to last until the middle of next year. House price expectations rose for the second quarter in a row, with confidence back to average levels at 27 percent, although regional differences remained. Meanwhile, a net 13 percent of respondents said it was a good time to buy a house - the highest level in seven years. However, ASB chief economist Nick Tuffley said there was still a way to go before the market could be thought of as "hot".
Money Saving Expert Martin Lewis discusses top bank accounts for children
Martin also told parents which method not to bother with
Israeli FM vows ‘hundreds of Tomahawk missiles at Tehran’ if Iran crosses red line
BEIRUT, LEBANON (1:00 P.M.) – Israeli Foreign Minister Israel Katz threatened a military operation against Iran if they crossed a “red line” in the region. Katz told the Italian newspaper Corriere della Sera Saturday on the sidelines of the Mediterranean Dialogues (MED) conference in Rome.that a potential Israeli attack on Iran was “an option.” “If Iran crosses the red line, it will discover a unified front between Saudi Arabia, UAE and the United States, which will launch hundreds of Tomahawk missiles at Tehran,” he said. By the red line, Katz meant, “We will not allow Iran to acquire or stockpile nuclear weapons. If that is the last option – we will act militarily.” Iran has repeatedly enunciated its nuclear program as exclusively civilian, subject to the most intensive UN supervision ever.
Mutual Funds' asset base hits Rs 27 trn, bank, PSU funds top allocation
Mutual fund houses witnessed an overall inflow of Rs 54,419 crore last month as compared to Rs 1.33 lakh crore in October
Are We Heading Towards a Cashless Economy?
Asia, Canada, and parts of Europe are already on their way.
I taught at a 'for-profit' college. They're predatory disasters
Students rack up debt for worthless diplomas – debt they default on at twice the rate of their peers at traditional colleges
Goldman raises oil forecast on Opec output cuts
The bank revised its Brent spot price forecast to $63 per barrel for 2020.
Bitcoin ransomware locks 10 years’ worth of government data in Argentina
Bitcoin-hungry hackers have attacked a data center in Argentina which houses local government files.
Turkey climbs higher in Human Development Index
Turkey made it into the 'very high development' category of UNDP's Human Development Index in 2018, the UN agency announced on Monday, thanks to higher life expectancy and improved standard of living
'It was horrible': CP Rail train derails in Sask., sparking fire that closes highway
The fiery derailment of a Canadian Pacific (CP) freight train overnight left a large swath of highway in Saskatchewan closed Monday morning.
Natural Gas - Something Needs To Happen Soon
The January contract displays an oversold condition.Stocks are slowly dropping.It is too early for carnage on the downside, but time is running out.The spring of 2020 could be ugly - an opportunity.U.
Asian shares rise after buying mood on Wall Street ends week
TOKYO — Asian shares were mostly higher Monday cheered by a buying mood on Wall Street that came at the end of last week.
Satellite images show North Korea tried out rocket engine in 'very important' test: Report
Satellite imagery captured before and after North Korea conducted what it called a "very important" test at its missile launch site suggested it had tested a rocket engine, experts said on Monday. It was the latest of a series of weapons tests and statements from Pyongyang, as its year-end deadline for Washington to soften its stance in denuclearisation talks draws near.
BIO-TECHNE Corp (NASDAQ:TECH) Director Sells $435,700.00 in Stock
BIO-TECHNE Corp (NASDAQ:TECH) Director Harold J. Wiens sold 2,000 shares of the firm’s stock in a transaction dated Wednesday, December 4th. The shares were sold at an average price of $217.85, for a total value of $435,700.00. Following the transaction, the director now owns 7,221 shares in the company, valued at $1,573,094.85. The transaction was […]
12 killed in Niger car accident
The accident involved 103 people: 55 female, 40 male, eight children, five adults.
India to witness 7.12% rise in job creation in October-March: Report
India Business News: India is expected to witness a marginal 7% rise in job creation in the October-March period, as subdued economic conditions have dampened employment o
Upgraded Chuwi UBook goes for Surface Go’s throat
Chinese hardware manufacturers CHUWI have surprisungly upgraded their Chuwi UBook 2-in-1 to create a more cost-effective Surface Go alternative. Originally unveiled through the company’s Kickstarter for the 2-in-1 system, which raised an impressive $450,000, the UBook has always been pitched as a competitor to Microsoft’s Surface Go. With a smart change in components, Chuwi is …
StartersHub, micro VC from Istanbul and San Francisco, to invest in 60 startups from central and eastern Europe
StartersHub, an early-stage tech investment fund based in Istanbul and San Francisco, will back 60 eastern European startups over the next four years in an effort to bridge the gap between pre-seed and seed funding. Arda Aşkin, managing director at StartersHub, explained: “Despite the fact that a record €0.7 billion was invested in CEE startups […]
Freighter contacted bottom, breached, Norway
General cargo ship FEED RANA ran aground at around 2330 UTC Dec 8 in Rorvik area, central Norway, while en route from Kristiansund to Stokmarknes, Norway. According to track, the ship refloated by …
Ethereum Istanbul Upgrade Goes Live: Here’s Why its Important
Ethereum Instanbul brings a number of improvements to the network and brings the chain one large step closer to the implementation of Serenity
Gas Malaysia: Average natural gas selling price to fall for Jan 1-Dec 31, 2020
KUALA LUMPUR, Dec 9 — The average natural gas selling price applicable for Gas Malaysia Energy and Services Sdn Bhd from January 1 to December 31, 2020 will be set at RM33.65/MMBtu, lower by 2.91 per cent or RM1.01/MMBtu, compared to the current price for the distribution segment. The selling...
European bank finances Turkish bus-ticketing app
The European Bank for Reconstruction and Development (EBRD) has provided $4 million in equity financing to Turkish online bus-ticketing service...
Ataa Educational profits down 5%
Riyadh – Mubasher: Ataa Educational Company reported a 5% year-on-year (YoY) decline in profits during the three-month period ending 31 October 2019. Net profits after Zakat and tax amounted to SAR 16.25 million between August and October 2019, …
Romanians, Lithuanians, heaviest EU spenders on food, and non-alcoholic beverages
In 2018, households in the European Union (EU) spent 12.1% of their total consumption expenditure on food and non-alcoholic beverages, with...
Here’s How the US-China Trade War is Helping JD.com Stock Bulls, Bears
Don’t attempt to trade volatile and varied headlines, invest your trust in a powerful trade war pattern setting up on the price chart of JD.com.
Heavy traffic faced motorists in Bristol this morning - this was why
Emergency roadworks were party to blame
F&O: Market to see major selloff if Nifty slips below 11,888 mark
In monthly options, maximum Put open interest was at 12,000 followed by 11,500 levels.
Almarai to distribute SAR 0.85/shr
Riyadh – Mubasher: Almarai Company’s Board of Directors has recommended distributing cash dividends to shareholders for 2019 at SAR 0.85 per share, equivalent to 8.5% of the share’s par value. The dividends will have a total amount of SAR 850 …
Go for quality in consumption stocks: Andrew Holland, Avendus Capital
The auto sector corrected in the past year and that is why we see value and prices rebounding in some cases
FAI crisis: ex-president says liabilities could be ‘close to €80m’
Brendan Menton says all stakeholders need to work together to solve funding crisis
SIPCHEM plans 10% share purchase as treasury shares
Riyadh – Mubasher: The board of Sahara International Petrochemical Company (SIPCHEM) has recommended purchasing up to 10% of the company’s ordinary shares. The purchased shares will be held by SIPCHEM as treasury shares through cash balances or …
Hope to reach trade agreement with US as soon as possible: China
China said on Monday that it hoped to make a trade deal with the United States as soon as possible, amid intense discussions before fresh US tariffs on Chinese imports are due to kick in at the end of the week. Beijing hopes it can reach a trade agreement with the United States that satisfies both sides, Assistant Commerce Minister Ren Hongbin told reporters on Monday.
NGT asks Pollution Control Board to curb plastic manufacturing violations
The NGT had earlier said there was no proper mechanism for plastic waste management in the country and directed the CPCB to take necessary action in this regard.
Stronger US dollar curbs demand for ringgit
KUALA LUMPUR, Dec 9 — The ringgit closed lower against the US dollar today as the positive sentiment for the greenback curbed interest for local currency. As at 6pm, the local note was quoted at 4.1590/1630 against the US dollar compared with Friday’s close of 4.1580/1610. A dealer said the...
Jeff Bezos says employee activists are wrong and Silicon Valley firms should feel comfortable doing business with the US military
Bezos said it's the responsibility of management to push back against employee outrage towards military contracts.
Insider Selling: Consolidated Water Co. Ltd. (NASDAQ:CWCO) Director Sells 10,000 Shares of Stock
Consolidated Water Co. Ltd. (NASDAQ:CWCO) Director Raymond Whittaker sold 10,000 shares of the business’s stock in a transaction dated Thursday, December 5th. The stock was sold at an average price of $16.52, for a total transaction of $165,200.00. Following the transaction, the director now owns 16,065 shares in the company, valued at $265,393.80. The transaction […]
Fed unlikely to move policy this week – Deutsche Bank
Deutsche Bank analysts suggest that the US Fed is not expected to move policy by anyone this week and is likely to maintain status quo. Key Quotes “Th
Sensex rises 42 points; bank, auto stocks shine
Among the Sensex stocks, HDFC emerged as the top gainer, rising by 2.06 per cent, followed by Axis Bank, Maruti, Reliance, Power Grid and Tata Steel. On the other hand, TCS, HCL Tech, L&T, IndusInd Bank, Tech Mahindra, SBI and ITC lost up to 2.93 per cent.
Mount Trenchard direct provision centre must close, says Limerick charity
Residents of Foynes centre living in ‘the most challenging’ asylum conditions in Ireland
Goldman Sachs sees gold soaring 9% in 2020 as Trump's trade-war and recession fears grip investors, Business Insider - Business Insider Singapore
Business Insider - The investment bank pointed to a host of reasons, even Modern Monetary Theory, as factors in its forecast.. Read more at businessinsider.sg
Analysts Expect Icon Plc (NASDAQ:ICLR) Will Announce Earnings of $1.83 Per Share
Brokerages predict that Icon Plc (NASDAQ:ICLR) will report earnings of $1.83 per share for the current quarter, according to Zacks. Six analysts have made estimates for Icon’s earnings, with the highest EPS estimate coming in at $1.84 and the lowest estimate coming in at $1.81. Icon posted earnings of $1.62 per share during the same […]
Road accident claims 12 lives in Niger —FRSC
The Federal Road Safety Corps in Niger State has said that 12 people have died in an accident on Sunday at Sawmill Village along Mokwa-Makera road in Mokwa Local Government Area of the state. Th...
Swedbank revamps management after money laundering probe
STOCKHOLM (Reuters) - Swedbank (SWEDa.ST) said on Monday its chief risk officer was leaving as the Swedish bank’s new CEO revamps its structure to regain customer trust after a money laundering scandal sent its shares down 40% in the past year.
Cryptocurrency Exchange OKEx to Launch Options Trading This Month
Malta-based cryptocurrency exchange OKEx announced that it will launch crypto options trading on Dec. 27.
Gold Losing Its Luster
One reason for owning gold is it tends to serve as a safe haven asset and performs well in an environment where economic activity is slowing.On the other hand, investors might look to copper as an inv
EU approves €3.2bn research fund for battery development
The European Commission has approved a €3.2bn (£2.7bn) state aid fund from seven European Union countries for research into battery technologies.
Nets pilots pay by face
With the tagline ‘Hungry? Face it’, Nets has launched a pilot programme testing facial recognition at a cafeteria in Denamrk.
USD/CAD Technical Analysis: Bulls gearing up for a move towards reclaiming 1.3300 handle
The USD/CAD pair extended its sideways consolidative price action through the mid-European session on Monday and remains confined in a narrow trading
Airbus Logs $18B Mega Orders
Big orders from Emirates and Air Arabia announced at Dubai Airshow have been logged.Delivery profile not fully satisfactory.Airbus book-to-bill ratio approaches 1.
GBP positioning higher ahead of election – ING
According to CFTC data for the week between 27 Nov-3 Dec, speculative investors have trimmed some GBP shorts with latest polls keep cementing the pros
Cisco Stock May Be a Great Value Name
Cisco stock offers many compelling features. CSCO stock is one or two pieces away from being great for growth and income investors.
Here is why Jumia has closed shop in Rwanda – Techjaja
Starting from today, Jumia Rwanda will no longer be able to accept cash on delivery and can only process pre-paid orders.
Russia: CBR prepping to cut another 50bps – TDS
Analysts at TD Securities are expecting the CBR to cut the Key Rate by another 50bps to 6.00% on Friday. Key Quotes “The consensus is less dovish and
SailPoint: Potential Tailwind Ahead, But Expect Some Sales Execution Issues
The broader data privacy trends in particularly US and Europe will drive growth for SailPoint going into FY 2020.We see SailPoint's platform as a painkiller for enterprises to navigate the complexitie
‘IDB membership can help project exporters penetrate LAC market’
The Export Import Bank of India (Exim Bank) has urged the the government to consider taking membership in Inter-American Development Bank (IDB). This could provide opportunities for Indian project exp
Corporate appetite in MENA grows in 5 years – Arabnet Report
Mubasher: The entrepreneurial ecosystem across the Middle East and North Africa (MENA) has been grabbing global and regional attention, with higher investor appetite and interest in the region’s startups, according to Arabnet report. The “State of …
iDreamSky in talks to buy Leyou
Mobile publisher would get controlling interest in fellow Chinese outfit with stakes in Digital Extremes, Splash Damage, SNK Playmore
Xinyuan Real Estate: The News Is Not Good
Results from the last quarter are disappointing.Almost every financial indicator is negative.The ongoing liquidation of TPG's holdings exerted further downward pressure on the stock price.
FIRS Chairman: Nigerians React As Buhari Nominates Fowler’s Replacement
The tenure of Babatunde Fowler as the Chairman of the Federal Inland Revenue Service (FIRS) ended today, with President Buhari opting not to reappoint him for a second tenure.
Govt further caps stock limit on onion retailers to 2 tons to check hoarding
Last week, govt had reduced the stock holding limit for retailers to 5 tonnes from 10 tonnes while that on wholesalers to 25 tonnes from 50 tonnes as onion prices were ruling high up to Rs 150 per kg. Retail onion prices have risen in the past two months due to short supply owing to fall in production of kharif (summer) crop after heavy rains.
Water released from Shanmuganadhi dam
It will benefit lands in Uthamapalayam taluk
‘Businesses in South that use old PCs face productivity loss, security breach’
Small and medium businesses (SMBs) in South India, using older PCs, are likely to experience reduced workplace productivity and security vulnerabilities, according to a Microsoft study.SMBs using comp
Crypto Community Crowns Tezos (XTZ) As The New ‘Ethereum of 2017’
Ever since its launch last year, Tezos has done quite a lot to improve its feats and keeps on doing so. As the company appears to continue with
Dalat Hasfarm said to have raised $70m from Lombard Investments
International private equity firm Lombard Investments said to have invested $70 million in Vietnamese floriculture company Dalat Hasfarm in lieu of a majority stake.
What is VPN Good For And The Top 5 Best VPN Services
Security | What is VPN Good For And The Top 5 Best VPN Services
Amazon is opening a new office in New York City. Here are 11 mind-blowing facts that show just how wealthy CEO Jeff Bezos really is., Business Insider - Business Insider Singapore
Business Insider - Worth an estimated $109 billion, Bezos is so rich that an average American spending $1 is comparable to the Amazon CEO spending $1.2 million.. Read more at businessinsider.sg
Pinehouse inquiry report expected by year's end
The formal portion of the inquiry into the Northern Village of Pinehouse has concluded and the final report is expected by year's end.
Allakos Does It Again; bluebird And Sunesis Data: The Good, Bad And Ugly Of Biopharma
Allakos has spiked on sales chatter, despite being only in Phase 2 stage.bluebird bio reported positive data from the KarMMa trial.Vecabrutinib, a BTK inhibitor from Sunesis, produced disappointing da
Small business hiring slow, likely to remain so, reports say
NEW YORK (AP) - Two reports last week show that small business hiring still lags behind the strong job growth reported at larger companies, and that owners are unlikely to increase their staffs significantly in 2020.
Former Federal Reserve Chairman Paul Volcker has died
Paul Volcker, who as Federal Reserve chairman in the early 1980s elevated interest rates to historic highs and triggered a recession as the price of quashing double-digit inflation, has died, according to his office.
Factbox: Volcker quotes on U.S. banks, inflation, government
WASHINGTON (Reuters) - Paul Volcker, the towering former Federal Reserve chairman who tamed U.S. inflation in the 1980s and decades later inspired tough Wall Street reforms in the wake of the global financial crisis, died on Monday at the age of 92.
Macy’s Spotlights Women-Owned Businesses With SoGifted
Macy's is partnering with the female-led millennial venture capital fund SoGal Ventures to launch an in-store initiative focused on women-owned businesses.
Brent may stay range-bound in Q1; risks loom in 2020
Last week’s OPEC+ decision to cut output by a further 500,000 barrels a day during the first quarter of 2020 – in addition to the existing cut of 1.2 million barrels a day – has not had the big bang i
Albania Earthquake
Albania's prime minister on Monday hailed the work of Israeli engineers who have come to the country to help in the aftermath of a devastating earthquake that destroyed thousands of buildings. The Israelis are among scores of foreign engineers and experts who have come or will be headed to the country
5 Signs Your Lungs Are Gasping for Help
Today, fresh air is becoming a rare resource, meaning that, more than ever, we have to pay attention to our lungs and the signs they give us when something is not okay. It turns out that some of these signs are pretty easy to dismiss, but if you pay attention, they might save your life.
Australian Digital Health Agency chief suddenly quits
After three years.
Mainstream taps Rothschild for equity partner search
Eddie O’Connor owns 55% of company
Smartly Avoid General Electric Stock Dividend for Capital Appreciation
Reassuring news that General Electric was keeping its dividend should move GE stock higher. But, profit-taking is likely to occur first.
Saudi Arabia Backs Investment in Wireless Sensors to Forecast Floods, Weather Conditions, Natural Disasters
Two Saudi investment funds have revealed financing a promising wireless environmental sensor project. This step comes in line with the Kingdom’s attempt to support and bolster technical innovations and exerted efforts by private financing entities to
Cadence Design Systems: Great Prospects, Mostly For The Operations
Cadence Design Systems is an undercovered beneficiary of the continued semiconductor boom.The company is well positioned and has a good track record, yet valuations have gotten a bit out of hand.I lik
Starling Bank Adds First Legal Services Partner to Business Marketplace
UK-based digital banking platform Starling Bank announced on Monday it has added its first legal services partner, Sparqa Legal, to its business marketplace. Ac
SPONSORED: Unprecedented reduction in member commission rates at ANM
Aberdeen & Northern Marts (ANM) has announced a transformational change to livestock commission rates bringing significant reductions for customers who are shareholders in its co-operative business.
Broad participation of Turkish auto parts suppliers in major Shanghai fair
Turkey, along with Taiwan and Germany, saw the highest turnout at the 15th Automechanika Shanghai, which brought together the world's leading auto parts...
WalkMe raises $90 million to help people navigate user interfaces with on-screen prompts
WalkMe, a digital adoption platform that helps companies integrate on-screen product walkthroughs into their software, has raised $90 million.
Pace of housing starts edges up in November on strength in B.C., Alberta
Canada Mortgage and Housing Corp. says the annual pace of housing starts edged higher last month compared with October, although there were declines in five provinces.
First batch of NFCP deployment will be awarded in January 2020
The Malaysian Communications and Multimedia Commission (MCMC) has announced that the NFCP 1 will be awarded to successful licensees that have been selected through a tender process in early January 2020. The NFCP 1 will cover a total of 153 locations which consists of 94 mukim in 8 states such as Johor, Kedah, Kelantan, Negeri Sembilan, Pahang, Perak, Terengganu and Sabah.
South African Electricity Utility Reveals Cause Of Worsening Power Crisis
South African electricity utility Eskom on Monday blamed rains for worsening rolling power blackouts that have continued for five days running, Concise News reports.
Israeli fish farmers give peckish migratory pelicans a free lunch
Migratory pelicans have long raided Israeli fish farms, which try to deter them with loudspeakers, laser beams and by firing blank rounds from rifles. In their desperation, they have come up with another way: offering the birds a free lunch.
'Recent spike in retail inflation mainly on costlier food, government taking steps to moderate prices'
India Business News: The recent spike in retail inflation is mainly due to high food prices and the government is taking steps to moderate the volatility in prices, minist
Jhunjhunwala likely to withdraw from YES Bank's preferential share offer
Lender’s board may also reject the $1.2-b offer by Erwin Singh Braich, SPGP Holdings
I'm young, single, and healthy, but I just bought $300,000 of life insurance and it was a no-brainer
Realizing that my own death could create a financial burden for my family members made it clear to me that life insurance is a no-brainer.
Nigerians React As Buhari Replaces Babatunde Fowler As FIRS Chairman
The tenure of Babatunde Fowler as the Chairman of the Federal Inland Revenue Service (FIRS) ended today, with President Buhari opting not to reappoint him for a second tenure.
Locals in northern Syria back Turkey's presence in region
A survey released by Gallup shows that more than half of the locals back Turkey's offensive in northern Syria while expressing willingness to live under Turkish rule
Tariff hikes can double telcos operating profit in FY21: Report
India Business News: The steep tariff hikes, effected earlier this month by the battered telcos which held prices at rock bottom levels for nearly five years, can help mor
Fowler out, Muhammad Nami in – here are few things you need to know about the new head of Nigeria's revenue-generating agency, FIRS
The Nigerian government has appointed Muhammad M. Nami as the new chairman of the country's revenue-generating agency, Federal Inland Revenue Service.
Paul Volcker, former Federal Reserve chairman, dies at 92
The economic statesman's greatest historical mark: shocking the US economy out of a cycle of inflation and setting the stage for a generation of prosperity.
Irish pig prices remain stagnant at below €2/kg mark
It has been outlined that there has been no rise given in quotes from Irish pig factories for a fourth week in succession.
Zurich-based Sonect, the app converting any shop into a ‘virtual ATM’, snaps up €7.7 million
Zurich-based Sonect has snapped up €7.7 million in Series A funding, which will go towards expansion into new markets, growing its team and strengthening its technology.
Sebastian Suhl to Exit Valentino
Suhl joined the couture house in January 2018 as managing director of global markets.
'Devastating' fire at Alberta dealership leaves 35 employees out of work
Fire destroyed the Edson Chrysler Dodge Jeep dealership early Monday morning, leaving dozens of employees out of work.
Sumanahalli flyover: Report points to major distress in bearing support, expansion joints
Distress treatment, repairs to cost the BBMP around ₹40 lakh
Bitcoin Road to $100K: Peter Brandt Explains the When and How
Bitcoin is heading towards the $100,000 mark, according to veteran commodity trader Peter Brandt, who shared his analysis in a new video clip. However,
Where households can save their money
Recent trends show a decent return in low-risk instruments. However, inflation has diminished the actual income on savings
The Pros and Cons of Standard vs. Itemized Tax Deductions
It shields a portion of your earnings from income tax. While the standard deduction is the government's built-in subtraction that you can take while preparing your taxes, itemizing is composed of individual deductions that, together, can help lower the amount of taxable income you pay. Read on to
The US raked in a record $7.2 billion in tariffs in October, new data shows
While the White House has asserted that foreign exporters pay tariffs, there's evidence those costs largely fall on domestic business and consumers.
Shopify Stock Will Continue to Amaze Investors in 2020
Shopify stock, which is up 165% this year, still has more upside opportunities like the one from last week. The triggers are close.
Aphria Is Making the Right Moves to Survive Marijuana Slump
The outlook for cannabis stocks remains challenging. But if anyone can turn it around in 2020, it could well be Aphria.
Tariff hikes likely to double telcos operating profit in FY21: Report
The Supreme Court order on the AGR puts a burden of Rs 1.47 lakh crore on the industry that has been bleeding for years and sitting on a debt pile of close to Rs 4 lakh crore
FG targets $500 AfDB loan to boost technological innovation
The Minister of Industry, Trade and Investment, Richard Adebayo, said the Federal Government has initiated moves to secure a $500 millon (AfDB) fund
Fed Study: Electronic Devices Used In 24 Pct. Of Consumer Payments
Among the findings of the 2018 Diary of Consumer Payment Choice, produced through several of the U.S. Federal Reserve Banks, electronic payments are on the rise.
Aerospace engineer Senior mulls selling aerostructures division
Senior has admitted it is thinking about selling off its aerostructures division, in a deal that could be worth up to £450m.
China Fires Another Salvo as the Trade War Kicks into High Gear – Orders Government Offices to Purge Western Tech
China is planning to purge all public offices of foreign-sourced technology in a policy that has come to light only recently.
Bank of Baroda to sell up to 1.04 crore UTI AMC shares in IPO
Last week, the country's largest lender State Bank of India (SBI) had approved diluting up to 8.25 per cent stake in UTI AMC.
DocuSign: Time To Lock In Profits
Shares of DocuSign soared nearly 10% after reporting Q3 results, extending a recent win streak ever since the company warned of sales execution issues in Q1.Revenue growth of 35% y/y beat Wall Street'
Eskom’s crisis escalates: Stage 6 load shedding will strike South Africa tonight
Eskom on Monday evening took the unprecedented step of implementing Stage 6 load shedding. The power utility blamed a "technical" problem at Medupi.
UPDATE 1-Brazil cattle passing through feedlots grows 2% - DSM
(Adds other remarks by DSM execs, detail on 3-NOP launch)SAO PAULO, Dec 9 (Reuters) - The number of cows slaughtered in Brazil after spending 90 days in feedlots is estimated to have grown by 2% to about 5.3 million head in 2019, a survey of Brazil's cattle market by Dutch animal nutrition company DSM showed on Monday.The figure will continue to grow as Brazilian ranchers seek more efficient ways to raise and finish livestock, DSM executives said at a media presentation, adding that an estimate for 2020 will be released in February.
Tariff hikes to double telcos' Ebitda: Crisil
In the last few weeks, Airtel, Vodafone and Jio have increased their tariff- a first since 2016.
Crane collapsed after being hit by APL container ship in Antwerp VIDEO
Container ship APL MEXICO CITY broke off her mooring at Doel, Antwerp, in the afternoon Dec 9, drifted across harbor and contacted DP World pier crane. Crane, thankfully unmanned at the time, colla…
Perovskite solar cell method to make solar energy more affordable
If someone asked you to wager a guess on when solar energy first came of age, and you said the seventies, you'd be correct—but only if you meant the 1870s.
These are the sad reasons Nigerian airlines struggle and fail
The CEO of AMCON, Mr Ahmed Kuru, has listed out the factors responsible for the failure of airlines in Africa’s largest economy.
10 Tax Moves to Make Before 2020
Time is running out to get yourself set up for success when tax filing season starts up early next year.
Big Bertha: A 25,000 HP Mechanical Worm Designed in Japan for American Drilling
It’s a known fact that engineers, in their constant pursuit for innovations, have learned a good amount from nature itself, as it provides one of the best sources of inspiration.
How Much Foreign Equity Exposure Do Investors Need? (Podcast Transcript)
With U.S. equities outperforming their foreign counterparts by 170% over the past decade, it's not surprising that large numbers of investors continue to fall into the home bias trap.Looking at the hi
Pound a Solid "Contrarian" Bet Against the Dollar for Early 2020: BofA
Foreign exchange strategists at Bank of America Global Research have confirmed they remains positioned for a further recovery in the Pound against the U.S. Dollar, describing the stance as one of their "best contrarian G10 FX trades" for the foreseeable future
Retail Major Walmart To Help MSMEs In India In Enhancing Capacity, Supply Chain; Launches Support Initiative
Under the initiative, the company aims to train around 50,000 micro, MSME in next five years, across 25 institutes.
View: Saudi Aramco's $2 trillion dream isn't really about oil
Saudi officials have taken to the oil sectors investor relations style with aplomb.
Former Federal Reserve chairman Paul Volcker dies aged 92
Paul Volcker, the Federal Reserve chairman who slayed rampant US inflation in the 1970s and 1980s, has died aged 92.
Govt limits stock holding for onion retailers to 2 tonnes to curb hoarding
Retail onion prices have risen in the past two months due to short supply owing to fall in production of kharif (summer) crop after heavy rains.
Adivasis from Telangana send out a clear message in New Delhi
Adivasis from Telangana demand removal of Lambadas from ST list
The 2020s could be an apocalyptic decade for Wall Street as artificial intelligence takes over the most popular jobs in finance
The financial services industry is a popular place for job seekers, but artificial intelligence could wipe away a million banking jobs.
India moves from 130 to 129 in human development index: UNDP report
In India, 27.1 crore people were lifted out of poverty from 2005-06 to 2015-16, UNDP India resident representative Shoko Noda said.
Tracking deals: Fireside leads ₹20 cr round in SARVA
SARVA, a leading yoga studio chain, has raised ₹20 crore in its first institutional round led by Fireside Ventures with participation from angel investors. It will use the money to double the retail
Travelstart takes over Jumia Travel
Weeks after it closed shops in Cameroon and Tanzania, Jumia, the largest e-commerce operator in Africa, has offloaded its travel operations to Travelstart. In the new arrangement, Jumia will still promote the travel category on its platforms but Travelstart will be responsible for the “operational side of the business.” “This partnership will ensure we remain […]
Most foreign funds not massively overweight on India: Ayon Mukhopadhyay, IIFL Securities
Reforms in the NBFC sector can increase the GDP by 1 to 2%, says Mukhopadhyay.
South Korea: Government Mulling Taxing Cryptocurrency Capital Gains
The South Korean government is mulling imposing taxes on capital gains arising out of cryptocurrency transactions – including Bitcoin (BTC) – reports The Korea Times, December 9, 2019.
The tough task of drawing up a structure and norms for a social stock exchange
Social enterprises may have to balance between improving the lives of people and earning returns
Do Andhra Pardesh ration cards carry Jesus Christ's image?
According to the government, the dealer in East Godavari district had been using different images on ration cards while printing them. For example, in 2016 the dealer had printed ration cards with Satya Saibaba on it.
HSBC Holdings shuffles executive ranks ahead of restructuring
Interim CEO plans to close some parts of the sprawling bank’s business and sell others
Vector - Still Not Covering Dividend, Current Share Price Is A Gift To Longs, Sell
Even after a 50% dividend cut, Vector is still not covering its dividend. Don't take my word for it - the CFO just admitted it! Bond holders are getting paid over 10.5% while equity investors will be
Apple Price Target Set At $342 As Analyst Speculates On Apple Glasses In 2020
Cupertino tech giant Apple continues to witness optimism from investors as China's Renaissance Bank sets record price target for stock.
PROFILE: Muhammad Nami, a tax consultant, heads Nigeria's FIRS
President Muhammadu Buhari on Monday nominated a renowned tax consultant, Muhammad Nami, as the new chairman of the Federal Inland Revenue Service (FIRS).
EP emir launches ‘ZADK’ Saudi Culinary Academy
In his speech after cutting the ribbon formally inaugurating the academy, Prince Saud said: “The Saudi youth have become an example to be followed in their creativity in many fields. The Saudi citizen is capable of transferring the Kingdom’s culture to the world with professionalism and competence. There are vast opportunities before the Saudi youth with the food sector witnessing considerable development. Investment in this field is promising, provided high quality standards are followed in all aspects."
FableStreet raises ₹21 crore in Series A led by Fireside Ventures
FableStreet, a premium work wear brand for women, has raised ₹21 crore in Series A led by Fireside Ventures.Industry honchos, including Pradeep Parameswaran, President for Uber India and South Asia; D
Pace of housing starts edges up in November on strength in B.C., Alberta
OTTAWA — Canada Mortgage and Housing Corp. says the annual pace of housing starts edged higher last month compared with October, although there were declines in five provinces.
UPDATED: Fowler out as Buhari appoints new chairman for FIRS
President Muhammadu Buhari on Monday approved the exit of Babatunde Fowler as the chairman of the Federal Inland Revenue Service.
Bakkt Launches 1st Regulated BTC Options as CEO Enters US Senate
The Intercontinental Exchange’s digital asset platform Bakkt launched the first regulated Bitcoin options and cash-settled futures.
Bitcoin Eyes Crash Towards $6K as Market’s Distress Grows
Bitcoin opened on a faint note this Monday as the market showed a lack of sense of direction owing to low volatility. The world's leading cryptocurrency
Amazon, Flipkart planning to help SMEs go digital and grow their businesses
E-commerce giants adopt similar strategy to helps SMEs
Stop drug prices rating
© EDITOR — Soon after the government announced that as a country we are moving from the multi-currency system to the Zimbabwe dollar, the prices of medical drugs escalated, showing that even now the rating system is still being applied.
Pace of housing starts edges up on strength in B.C., Alberta
The national housing agency says the seasonally adjusted annual rate for November was 201,318 units, up 0.3 per cent from 200,674 units.
‘With ₹32,000-crore, MP Lodha is India’s richest developer’
Mumbai, Delhi and Bengaluru account for three-fourths of the country’s richest players in real estate sector
PMI: Nigeria’s manufacturing sector gains momentum in November
Nigeria’s manufacturing sector has continued to gain momentum as it rallied to build on the growth recorded in the third quarter of 2019.
Here’s how TransLink says you can prepare for the SkyTrain shutdown tomorrow
TransLink is preparing customers after CUPE 7000, the union representing 900 SkyTrain workers, announced that it would forward with withdrawal of services.
Fostering a new era in the climate change space
Sangam Ventures provides seed and early-stage funding to start-ups in the cleantech sector
Former Fed Chairman Paul Volcker, known as inflation buster, dies at 92
Dec. 9 (UPI) -- Paul Volcker, a towering figure in the history of the U.S. Federal Reserve Bank who took tough measures to battle inflation in the late 1970s and early 1980s, has died. He was 92.
Onion nightmare continues for consumers
Price of the commodity ranges between ₹110 and ₹170 per kg depending on the variety
PSBs turn profitable in Apr-Sep FY20, post aggregate profit of Rs 3221 cr
State-run lenders had posted aggregate operating profits during 2017-18 and 2018-19 of Rs 1,55,603 crore and Rs 1,53,871 crore respectively
Xerox expects revenue growth of up to $1.5 billion with HP takeover
(Reuters) - Xerox Holdings Corp (XRX.N) expects its proposed acquisition of personal computer company HP Inc (HPQ.N) to result in sales growth of as much as $1.5 billion for the combined company, according to a presentation by the printer maker.
How to avoid a massive holiday health care bill when OHIP out-of-country coverage ends
If you are an Ontario resident planning to travel outside of Canada in the new year, make sure you have adequate travel health insurance coverage or risk dealing with a crippling medical bill should a medical emergency arise. CTVNews.ca has all the details.
What Continental Resources Should Do Next
Continental Resources reported a profit of $0.54 per share and generated free cash flows of $79.3Mn, even as it realized oil prices of just around $51 a barrel. The company could deliver strong result
Conclave onblockchain
Top blockchain experts and thought leaders from around the world will take part in a two-day conclave, ‘BlockHash Live 2019’ to be held here from December 12.The experts will share ideas and lead disc
Lessons learned from man’s death have improved safety, inquest hears
Tony McDermott died during loading incident at warehouse in Co Kildare
Brooklyn gets New York's biggest battery park from Italy's Enel
MILAN (Reuters) - Italy’s Enel has installed New York City’s biggest battery storage system, which it said on Monday will help power the Brooklyn area during periods of peak demand.
How Truckers Keep On Transacting
America's 3.5 million truckers face serious delays when they can't easily pay for fuel and cargo unloading services. Carrying cash isn't always safe, and payments acceptance can vary retailer-to-retailer. In the new Next-Gen Payments Report, Women In Trucking Association CEO Ellen Voie explains how EMV cards, expense tracking and budgeting tools keep drivers from veering off course.
20 Strategies That Farmers Can Use in 2020
These 20 strategies range from eliminating a tillage pass to making the most of technology.
Vodafone Rolling out Half-Sized SIMS as Part of New Plastic Reducing Policy
Vodafone has announced a new initiative to cut down on the amount of plastic it uses, and the half-sized SIM holder is part of that.
'Devastating' fire at Alberta dealership leaves 60 out of work
Fire destroyed the Edson Chrysler Dodge Jeep dealership early Monday morning, leaving dozens of employees out of work.
Onion retail trader stock limits cut to 2 tonnes
The Centre on Monday further cut onion stock holding limits imposed on retail traders to 2 tonnes from the recently-revised 5 tonnes as it suspected widespread hoarding by the traders, an official sta
China tells government offices to remove all foreign computer equipment
China has ordered that all foreign computer equipment and software be removed from government offices and public institutions within three years, the Financial Times reports.
New rope car construction inspected
PALANIA second rope care facility was proposed and construction work has begun at the Palani hill temple. On Monday, representatives and experts from the French company Poma inspected the first phase
Edinburgh-based Cyan Forensics, the crime-busting startup, raises €1.5 million to target new markets
Cyan Forensics, the Edinburgh-based startup whose technology helps police investigators to find evidence faster, has secured a further €1.5 million from a consortium of investors.
Eskom announces stage 6 loadshedding from 6pm | IOL News
Eskom announced on Monday that the power utility will move to stage 6 loadshedding from 6pm.
Parker: CoolIT delivers Direct Liquid Cooling solutions to data centres
A Calgary high-tech company, which is providing Direct Liquid Cooling (DLC) to the world’s most demanding data centres, has recorded 100 new hires this year and is planning for more growth.Co…
SPA, ATA sign cooperation MoU
This came during a meeting held at SPA headquarters in Riyadh between Al-Hussein and the ATA director general and her delegation comprising Romelda Rapolari, director of human resources division and Arian Jorgaqi, director of international news division in addition to SPA Vice President Ahmed Bin Ibrahim Al-Awadh, Saudi Press Agency reported.
Severn Trent celebrates up-and-coming stars with Tech Awards sponsorship
West Midlands utility is backing the leaders of tomorrow by sponsoring the Young Tech Talent category at our annual awards
Study projects scenarios for water use reduction in thermal power plants using satellite imagery
Water and energy are closely linked, as current electricity generation methods often require water, and extracting water typically consumes energy. This connection between water and energy, also known ...
CHUWI UBook will be more cost-effective than Surface Go - Gizchina.com
In early 2019, CHUWI launched a 2-in-1 tablet UBook through Kickstarter campaign, but now they are relaunching it with upgraded specs.
Pound-Euro Rate's Recovery Potential Limited Beyond 1.20: AFEX
Foreign exchange strategists with foreign exchange brokers AFEX say Pound Sterling is likely to remain relatively well supported against the Euro, and the strong rally in the exchange rate seen over recent weeks can potentially reach 1.20
Mbalula’s Prasa-administration announcement is welcomed by Scopa
Transport Minister Fikile Mbalula’s announcement that he had decided to place state-owned Passenger Rail Agency of South Africa under administration with immediate effect has been welcomed by the Standing Committee on Public Accounts.
Exclusive: Hyundai's $1.8 billion shipbuilding deal with Daewoo faces full EU probe - sources
BRUSSELS (Reuters) - World No. 1 shipbuilding group Hyundai Heavy Industries Holdings Co Ltd’s (267250.KS) $1.8 billion merger with rival shipbuilder Daewoo (042660.KS) will face a full-scale investigation in Europe due to serious EU antitrust concerns, two people familiar with the matter said on Monday.
BigTech Cryptocurrencies Pose Risk to Global Financial Stability: FSB
The Financial Stability Board (FSB) says government and regulators should closely monitor the emerging trend of BigTech companies entering the crypto
Ripple Price Analysis: XRP Goes Back Up To $0.23, Can Christmas Come Earlier?
Summary XRP has seen an increase of 4.25% this week as it reaches $0.23. The cryptocurrency broke above a steep descending channel that was apparent in
How importation is killing SMEs – FG
FG has decried the rate at which metal products are imported into the country, saying it is killing Small and Medium Scale Enterprises (SMEs).
Microsoft to help Office 365 customers track entire phishing campaigns, not just lone emails
Microsoft rolls out Campaign Views in public preview for Office 365 ATP customers.
$0.07 Earnings Per Share Expected for Alamos Gold Inc (NYSE:AGI) This Quarter
Brokerages expect Alamos Gold Inc (NYSE:AGI) (TSE:AGI) to report earnings per share (EPS) of $0.07 for the current fiscal quarter, Zacks reports. Zero analysts have provided estimates for Alamos Gold’s earnings. Alamos Gold posted earnings per share of $0.01 during the same quarter last year, which suggests a positive year over year growth rate of […]
USD/CAD falls toward 1.3220 as WTI rebounds to $59
After spending the majority of the day moving sideways near 1.3250, the USD/CAD pair lost its traction during the American trading hours and slumped t
Ex-Fed Chair Volcker dies, tamed inflation with recession
Paul Volcker, who as Federal Reserve chairman in the early 1980s elevated interest rates to historic highs and triggered a recession as the price of quashing double-digit inflation, has died, according to his office. He was 92.
Fed to reiterate its comfort with policy as it is, with little change in the projections – ABN AMRO
Previewing this week's Federal Open Market Committee (FOMC) meeting, "the Fed is widely expected to keep policy rates on hold at the conclusion of the
ABB (NYSE:ABB) Receives New Coverage from Analysts at Barclays
Research analysts at Barclays assumed coverage on shares of ABB (NYSE:ABB) in a research report issued on Monday, BenzingaRatingsTable reports. The firm set an “overweight” rating on the industrial products company’s stock. ABB has been the subject of a number of other reports. JPMorgan Chase & Co. reiterated a “sell” rating on shares of ABB […]
France to ban dozens of glyphosate weedkillers amid health risk debate
PARIS (Reuters) - France’s health and environment agency said on Monday it was banning dozens of glyphosate-based weedkillers, most of the volume of such products sold in France, ruling there was insufficient data to exclude health risks.
‘Gamified learning’: Game-based pilot for young farmers launched
A gaming pilot programme to raise co-operative awareness among young farmers through "gamified learning" resources .
Tullow’s timely lesson for bets on battered energy stocks
The search for unfairly undervalued energy investments is peppered with difficulties
Aberdeen Asia-Pacific Income Investment (TSE:FAP) Trading 0.3% Higher
Aberdeen Asia-Pacific Income Investment (TSE:FAP)’s stock price traded up 0.3% during trading on Monday . The stock traded as high as C$3.55 and last traded at C$3.55, 35,313 shares were traded during trading. A decline of 36% from the average session volume of 54,849 shares. The stock had previously closed at C$3.54. The stock has […]
Crypto Price Action Sports Uncanny Resemblance to Bitcoin Bear Market Bottom
After an early 2019 parabolic rally, Bitcoin has spent the last few months locked within a vicious downtrend that’s seen nearly 50% of the crypto asset’s
LIC flying in supplies for flood-hit farmers
The critical spring mating period is underway on most of the country’s dairy farms, but heavy rain, slips and floodwaters have closed key roads in the South Island, making it difficult to reach a number of flood-hit farms and get the cows in-calf.
Zacks: Embotelladora Andina SA ADR Series B (NYSE:AKO.B) Receives Average Recommendation of “Strong Sell” from Brokerages
Embotelladora Andina SA ADR Series B (NYSE:AKO.B) has been given a consensus broker rating score of 5.00 (Strong Sell) from the one brokers that cover the stock, Zacks Investment Research reports. One analyst has rated the stock with a strong sell rating. Brokerages have set a 1-year consensus price target of $16.00 for the company, […]
A truckload giant just filed for bankruptcy, and it leaves nearly 3,000 truck drivers jobless, Business Insider - Business Insider Singapore
Business Insider - Celadon declared bankruptcy on Dec. 9, and that collapse is worrying truck drivers that they may be stranded.. Read more at businessinsider.sg
South Africa steps up power cuts after flooding hits major plant
JOHANNESBURG — South Africa’s state energy company Eskom is cutting up to 6,000 megawatts (MW) of power from the national grid after heavy rain and flooding triggered failures at its Medupi plant, disrupting supplies to businesses and households across the country.
Study: High-Tech Job Growth Overwhelmingly Benefits Three California Cities | Breitbart
High-tech sector job growth is overwhelmingly benefiting three California cities, plus Seattle and Boston, while the rest of the U.S. has been left behind in the dust, according to a new study.
Gemini Dollar (GUSD) Price Up 1.2% This Week
Gemini Dollar (CURRENCY:GUSD) traded down 0.2% against the dollar during the twenty-four hour period ending at 12:00 PM Eastern on December 9th. One Gemini Dollar token can currently be purchased for about $1.00 or 0.00013392 BTC on exchanges including DEx.top, HitBTC, The Rock Trading and Bibox. In the last week, Gemini Dollar has traded up […]
Sutter Rock Capital Corp. (NASDAQ:SSSS) Receives Consensus Recommendation of “Strong Buy” from Analysts
Shares of Sutter Rock Capital Corp. (NASDAQ:SSSS) have been given an average broker rating score of 1.00 (Strong Buy) from the two brokers that provide coverage for the stock, Zacks Investment Research reports. Two equities research analysts have rated the stock with a strong buy recommendation. Analysts have set a one year consensus price target […]
Oil slips as weak China exports highlight trade war impact
NEW YORK (Reuters) - Oil prices fell on Monday after data showed Chinese exports declined for a fourth straight month, sending jitters through a market already concerned about damage to global demand by the trade war between Washington and Beijing.
Dipo Awojide becomes first Nigerian to be honoured as LinkedIn Top Voice
Last week, LinkedIn unveiled its annual Top Voices list. This list highlights professionals in a variety of industries who are building communities and starting thoughtful conversations on LinkedIn through their articles, posts and comments. Dr Dipo Awojide, a Senior Lecturer in Strategy at Nottingham Business School (UK), and Founder of BTDT Hub and BTDT Home […]
Under $3, Plug Power Stock Is a Good Speculative Buy
Plug Power and PLUG stock lost all momentum Dec. 2 when it announced it would sell up to 40 million shares in a secondary offering.
Vietnam ministry may cut some tariffs on U.S. agriculture
Under pressure from the U.S., Vietnam’s Ministry of Finance is proposing to reduce tariffs on some American agriculture products, from chicken to apples.
Piyush Goyal demands reciprocal access for Indian companies abroad
Foreign cos wont be allowed in local contracts unless India Inc gets to compete in those nations, said Goyal.
Mugga Lane landfill rubbish seen strewn over nearby farms
Rubbish from the landfill has been seen hundreds of metres away from the site among paddocks and animals.
Mbalula: Placing Prasa Under Administration Will Get It Back On Track
JOHANNESBURG – Transport Minister Fikile Mbalula said his decision to place Passenger Rail Agency of South Africa (Prasa) under administration with immediate effect will allow for rapid action to get the parastatal back on track. Mbalula made the surprise announcement at a briefing in Braamfontein on Monday shortly after informing staff about the decision, which […]
Italy proposes new plan to rescue ArcelorMittal plant; 8,000 jobs at stake
Italy considers the steel mill a strategic industrial site and faces pressure from unions, which are trying to protect the 8,000 jobs at risk
Bong Go: Manila Water should be held liable for failing to construct sewer, wastewater system
Administration ally Senator Christopher “Bong” Go said on Monday that Manila Water Company, Inc. should be held liable for environmental damage because of their failure to construct a sewerage and wastewater system as stated in their contract.
Better Business Bureau shares tips on how to avoid scams, thefts during holiday season
The Wisconsin Better Business Bureau is sharing tips on how to avoid popular scams and package thefts this holiday season.
EUR/USD price analysis: Euro erases most of the intraday gains, challenges the 1.1059 support
The common currency, on the daily chart, is trading below its 200-day simple moving average (DMA).
French pension reform commissioner in conflict of interest controversy
Delevoye said not disclosing his role was "a mistake" and an "omission by oversight".
Tullow’s shares go down by 50 percent as CEO resigns over poor performance in Ghana
The shares of Tullow Oil Plc on the London Stock Exchange (LSE) dropped by over 50% as its CEO, Paul McDade resigned due to the poor performance in its Ghana operations.
Why These 2 Natural Gas Stocks Are Soaring Today
Antero Resources and Antero Midstream are working together to enhance their outlook.
Mindexcoin Price Tops $0.0010 on Major Exchanges (MIC)
Mindexcoin (CURRENCY:MIC) traded 0.3% lower against the dollar during the 1 day period ending at 11:00 AM ET on December 9th. One Mindexcoin token can now be bought for about $0.0010 or 0.00000013 BTC on cryptocurrency exchanges including EtherDelta (ForkDelta), Token Store, LATOKEN and Mercatox. Mindexcoin has a market capitalization of $674,350.00 and approximately $7,246.00 […]
Jumia Closes Shop In Rwanda Days After Exiting Cameroon, Tanzania
Jumia has closed its shop in Rwanda after six years of operation, days after exiting Tanzanian and Cameroonian market.In a message to its customers the New York-listed e-commerce platform said it
Desirable Branding Distinguishes Aphria Stock
Though production capacity is always important, Aphria stock has made progress due to its underlying premium brands.
Amazon is opening an office in NYC's Hudson Yards. Here's a look inside the $25 billion development that that was financed with money meant for 'distressed' urban areas., Business Insider - Business Insider Singapore
Business Insider - Hudson Yards, the $25 billion NYC neighborhood that will be home to a new Amazon office, was financed with money meant for "distressed urban areas.". Read more at businessinsider.sg
AICHAIN (AIT) Achieves Market Cap of $438,636.00
AICHAIN (CURRENCY:AIT) traded down 1.8% against the U.S. dollar during the twenty-four hour period ending at 12:00 PM ET on December 9th. One AICHAIN token can currently be purchased for $0.0008 or 0.00000011 BTC on popular exchanges including CoinEgg, BCEX, FCoin and OTCBTC. AICHAIN has a total market cap of $438,636.00 and $22,239.00 worth of […]
Municipal park to be reopened after 5 years
Nagampadam facility renovated at ₹2.07 crore
30 ace bloggers to promote Kerala
Maiden Domestic Kerala Blog Express in March 2020
Investors Should Buy Amazon Stock While It Keeps Treading Water
Worries about Amazon's declining AWS growth and rising content spending appear to be overblown. Amazon stock has got plenty of life in it.
Alta Fox Opportunities Fund - Keywords Studios PLC
KWS was the biggest loser in the portfolio in Q3.The stock declined because of Q3 results, which were deemed disappointing by the market.We remain long as I think the company is well positioned for se
Prosus Boosts Just Eat Bid To $6.5B
Naspers-owned Prosus upped its bid to $6.5 billion to acquire London's food delivery service Just Eat, putting pressure on rival buyer Takeaway.
Deutsche to cut €100m from domestic retail banking unit
Lender plans to scrap legal entity that runs the operation and merge it into group
Kraken Adds GBP Support for U.K.; What This Means for Crypto Market
Crypto asset exchange Kraken has added two new options for GBP deposits and withdrawals in attempts to speed up the exchange of funds for users. Related
Xizi elevators and market competition in Nigeria
With the population of Nigeria hitting over180 million and the designation as Africa’s largest economy, the country is seen as the next global investment
Govt further caps stock limit on onion retailers to 2 tons to check hoarding
As per the ministry's data, maximum retail prices are ruling at Rs 165 per kg on Monday, while modal price was at Rs 100 per kg. In most cities, onions are quoted over Rs 100 per kg in retail markets, pinching hard on consumers' pocket.
Technically Speaking For 12/9: The Weekly Charts Are Bullish
Hedge fund activity might be a partial reason for the spike in money market yields this fall.Tech companies face increasing pressure.The weekly charts are positive.
Group moves to create market window for rice farmers
The Nigeria Farmers Group and Cooperative Society (NFGCS), has moved to create a larger market window for farmers by aggregating rice paddy across
Analysts Claim Indirect Investment in Cryptocurrency and Blockchain helps Manage Massive Risks
There has been an extra amount of negative sentiment directed towards cryptocurrencies in the last few weeks as Bitcoin slowly winded down from $8500 to $6800 over the course of a month. Many wealth managers believe it is better to gain exposure to this space by investing in publicly listed companies that are working with blockchain and multiple cryptocurrencies, reported by LifeHacker, December 8, 2019.
Analysts Set CarMax, Inc (NYSE:KMX) PT at $97.58
Shares of CarMax, Inc (NYSE:KMX) have received an average rating of “Buy” from the fifteen analysts that are currently covering the firm, Marketbeat reports. Four analysts have rated the stock with a hold recommendation and ten have assigned a buy recommendation to the company. The average 12 month price objective among brokers that have issued […]
UK Digital Security Platform Smartlands Will Tokenize Own Equity. Offering to be Sold in the US via Broker Dealer
UK based Smartlands will be tokenizing its own equity selling a 3.5% equity stake in the platform, according to a note from the company. Smartlands is a digital
More than 150 jobs lost as Rondo Food closes Arklow plant
More than 150 jobs are to go in Co. Wicklow with the closure of a dog food manufacturer.
A truckload giant just filed for bankruptcy, and it leaves nearly 3,000 truck drivers jobless
The trucking “bloodbath” of 2019 is ending on a remarkably sour note.
Cabot Oil & Gas Co. (NYSE:COG) Receives Consensus Rating of “Buy” from Analysts
Cabot Oil & Gas Co. (NYSE:COG) has been assigned a consensus recommendation of “Buy” from the seventeen ratings firms that are covering the firm, MarketBeat.com reports. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and nine have assigned a buy rating to the company. The […]
Chase Offers can get you cash back at Blue Apron, New Balance and more just for having a card — here are some of the best deals available now, Business Insider - Business Insider Singapore
Business Insider - Chase Offers are cash-back deals at restaurants and retailers for Chase cardholders. Here are some of the best ones available right now.. Read more at businessinsider.sg
Swedbank cuts management team in revamp after laundering probe
Swedbank said on Monday its chief risk officer was leaving as the Swedish bank revamps its structure to regain customer trust after a money ...
Pump prices on rollback this week
Budget of Filipino consumers for fuel this week will be partly eased, as pump prices will be on a new round of rollback at the scale of P0.40 per liter for gasoline and kerosene; and P0.10 per liter for diesel.
Insider Selling: Parex Resources Inc (TSE:PXT) Director Sells 90,000 Shares of Stock
Parex Resources Inc (TSE:PXT) Director Curtis Darrell Bartlett sold 90,000 shares of the firm’s stock in a transaction on Friday, December 6th. The stock was sold at an average price of C$20.05, for a total transaction of C$1,804,500.00. Following the completion of the sale, the director now owns 10,000 shares of the company’s stock, valued […]
NNPC seeks support in curbing oil pipelines vandalism
The Nigerian National Petroleum Corporation on Monday called on Nigerians and security agencies to join its effort at curbing the menace
Ineos Styrolution and Agilyx make progress toward establishing a polystyrene-recycling plant in Illinois
INEOS Styrolution (Frankfurt, Germany; www.ineos-styrolution.com) and Agilyx (Tigard, Ore.; www.agilyx.com) announced that they are advancing the developme
APICORP outlines key recommendations for sustainable growth in Mena
Access to private sector financing and increased energy efficiency amongst key recommendations for sustainable growth of MENA energy sector
ESA to fund world's first space debris removal mission
Dec. 9 (UPI) -- The European Space Agency has agreed to fund a mission to remove a piece of space debris -- the first of its kind -- as part of the agency's new Space Safety program.
Royke Tumilaar appointed Bank Mandiri president director
State-owned lender Bank Mandiri’s shareholders have officially appointed Royke Tumilaar to be the bank’s new president director.
Crisis looms over KSRTC again
31,000 staff get 70% of salary after delay of 10 days
Former Fed Chief Paul Volcker dies at 92
Paul Volcker, the towering former Federal Reserve chairman who tamed U.S. inflation in the 1980s and decades later inspired tough Wall Street reforms in the wake of the global financial crisis, died on Monday at the age of 92, according to his daughter Janice Zima. Volcker, who Zima said had…
Over 10 lakh cr loans sanctioned under Mudra Yojana
The PMMY is a scheme launched by the prime minister on April 8, 2015, for providing loans up to Rs 10 lakh to non-corporate, non-farm small/micro enterprises.
Kumarakom to become plastic-free
All stakeholders in the tourism industry to come together against single-use plastics
IIB Board of Directors in Budapest Summed up the Results of 2019: Successful Completion of Relocation to Europe, Record Growth of Loan Portfolio and Key Performance Indicators
On December 6, 2019, IIB Board of Directors met in Budapest. The meeting summed up the results of the outgoing year, which became not only very successful but to a large degree marked a turning point in recent IIB history.
Coinjer Scam is Making the Rounds, Here’s What You Need to Know
The Coinjer scam is one of the latest cons to hit crypto-related social media recently. The scam primarily operates across Telegram channels and tricks
SpaceX nails first Falcon 9 booster launch debut in months [photos]
On December 5th, SpaceX pulled off a flawless Falcon 9 booster debut in support of the Cargo Dragon spacecraft’s CRS-19 space station resupply mission, marking the first launch of a new booster in months. More specifically, the last time SpaceX launched a new Falcon 9 booster was on June 25th, 2019 during STP-2, Falcon Heavy […]
Edible oil gets costlier due to kharif crop damage, global price rise
Floods in key producing regions resulted in major damage to standing kharif soybean crop
Virgin Galactic's stock could soar 726%, Morgan Stanley says
Virgin Galactic's stock is soaring after an analyst said its space planes could one day disrupt the air travel industry, potentially raking in nearly a trillion dollars a year in sales.
ELEPHONE officially launched their Pakistani endevours - Gizchina.com
Yesterday at the Serena hotel in Islamabad the ELEPHONE brand held a big launch party to celebrate the start of their Pakistani operations.
TASI ends Monday at three-month high
Riyadh – Mubasher: The Saudi Stock Exchange (Tadawul) maintained its rising trend for the third consecutive session and ended Monday’s trading in gains, reaching its highest level since last August. The Tadawul All Share Index (TASI) added 0.26% …
Saudi prince's ambitions hinge on triumphant Aramco sale
RIYADH, Saudi Arabia (AP) - Saudi Arabia is expected to set a new record for the largest stock flotation in history on Wednesday with the sale of part of Aramco, the state-owned oil company valued at $1.7 trillion.
USD/JPY: Bears losing their grip as market attempts to bottom
USD/JPY is trading on the bid in the US session following a rise from 108.42 the low to a high of 108.66. The US dollar is holding up despite a strong
Why Investors Should Avoid Zscaler
The cybersecurity company reported strong fiscal first-quarter results and raised its guidance, but its stock price corresponds to higher expectations.
Tips For Sustainably Forming Habits and Changing Human Behavior
Companies have to understand how to encourage long-term habits that aren't liable to shift at a moment's notice.
An Apparel, Footwear Group is Pushing for Amazon's Inclusion on Government's Annual "Notorious Markets" List
The U.S. Trade Representative’s 2019 blacklist of intellectual property abusers might include a striking new name: the $1 trillion e-commerce goliath that is Amazon. According to the Wall Street Journal, the Trump administration is considering adding some of the foreign offshoots of Jeff Bezos’ e-c
Eight things you probably didn’t know about new FIRS chairman, Nami
President Muhammadu Buhari on Monday approved the composition of a new board for the Federal Inland Revenue Service (FIRS), subject to...
Dinero (DIN) Price Hits $0.0002 on Top Exchanges
Dinero (CURRENCY:DIN) traded up 0.5% against the U.S. dollar during the 24 hour period ending at 12:00 PM Eastern on December 9th. During the last week, Dinero has traded 4.4% higher against the U.S. dollar. One Dinero coin can currently be bought for $0.0002 or 0.00000003 BTC on popular exchanges including Graviex, Trade Satoshi, CryptoBridge […]
Whopping 550-home development in Plymouth is getting underway
The site clearance follows the removal of the industrial buildings which was given permission in March
Gbadamosi seeks repeal of Land Use Act
A real estate developer, Mr Babatunde Gbadamosi, has called for the repeal of Land Use Act to allow for freehold ownership system in all states across the federation.
10 things to know about new FIRS chairman, Muhammad Nami
Sodiq Oyeleke President Muhammadu Buhari on Monday nominated Muhammad Nami as the new chairman of the Federal Inland Revenue Service. Subject to Senate confirmation, Nami is expected to repla...
Ripple Director of Product Launches XRP Entertainment Marketplace for Music
Ripple's director or product is rolling out a new digital marketplace that will allow musicians to sell their songs for XRP.
Brazil cattle feedlots grow amid environment pressure, efficiency drive
SAO PAULO (Reuters) - The use of feedlots to finish beef cows will likely grow in Brazil, home to the world’s largest commercial cattle herd, a survey by Dutch animal nutrition and health company DSM showed on Monday.
Job creation to jump 7.12% in Oct-Mar: TeamLease report
According to TeamLease's bi-annual Employment Outlook Report for HY2 2019, economic reforms lifted the spirits for seven of the 19 sectors surveyed, while nine sectors reported a decrease in their outlook for October-March period of this fiscal.
Renaissance Services restructures its share capital
The Board of Directors of Renaissance Services invited all shareholders to attend an Extraordinary General Meeting
Quarter of world's arms sales from European companies: SIPRI
The UK, France, Italy, and Germany were Europe's biggest arms sellers last year but remain behind Russia and the US.
Complications of advertising
Half the money I spend on advertising is wasted, the trouble is I don’t know which half.
12 Money Tips to Help You Track Your Expenses and Save Enough for Your Dream
We have all heard about tracking our income and expenses, making shopping lists, and putting money away for a rainy day, but none of these things has ever made us any richer. Most of us still continue to waste our money as soon as we earn it.
FG launches digital platform to publish daily financial transactions of agencies, ministries
PRESIDENT Muhammadu Buhari has launched the Open Treasury Portal to promote transparency and track spending in the public sector.
How Furniture Fuels AR And Other Retail Innovations
Retailers are turning to visual technologies and new business models to reach more consumers. What's next for the retail consumer experience for furniture?
Using the web to help young people find work
Meet Allan van der Meulen, co-founder of Zlto, a web app tackling youth unemployment in Cape Town and creating real change in the community
Ukraine Set To Legalize Cryptocurrencies As Means Of Payment And Investment
Good news came from Eastern Europe as the legislative arm of Ukraine, the Verkhovna Rada, has reportedly adopted an amended draft law that seeks to
Jumia Technologies to suspend Jumia Foods delivery service in Rwanda
NAIROBI (Reuters) - Online retailer Jumia Technologies said on Monday it would suspend food and drinks delivery service Jumia Foods in Rwanda effective Dec. 9.
Tennant (NYSE:TNC) SVP Sells $40,004.36 in Stock
Tennant (NYSE:TNC) SVP David W. Huml sold 506 shares of the company’s stock in a transaction that occurred on Wednesday, December 4th. The shares were sold at an average price of $79.06, for a total value of $40,004.36. Following the completion of the transaction, the senior vice president now directly owns 12,879 shares in the […]
Bad news for Trump — 60% of Americans say the surging stock market doesn’t affect them
Most Americans don’t seem to care that much about the stock market’s performance.
Chanda Kochhar Failed To Disclose Conflict Of Interest With Videocon, ICICI Tells Bombay HC; Court Asks RBI To File Reply
The Bombay High Court on Monday asked the Reserve Bank of India to file an affidavit-in-reply in former ICICI bank CEO and MD Chanda Kochhar's plea challenging ICICI's decision to terminate...
AVALO-Energy: Friendly Use Of Renewable Energy And Blockchain Technology
Talks of climate and environmental change have been escalating throughout the past couple of years. Countries all around the world are taking measures to
1&1 fined EUR 9.55 mln for GDPR infringement
The German Federal Commissioner for Data Protection and Freedom of Information (BfDI) has fined 1&1 a total of EUR 9.55 million for infringing the General Data Protection Regulation (GDPR). The company failed to protect sufficiently its customer service line, allowing third parties to access customer personal data by providing only a name and date of birth.
South Africa announces stage 6 load shedding : This is what it means
Eskom pulled a shocker and announced stage 6 load shedding effectively at 6 pm today plunging the whole of South Africa into darkness.
Bad news for Trump — 60% of Americans say the surging stock market doesn't affect them
Most Americans don’t seem to care that much about the stock market’s performance.
10 Stocks With Little or No Debt to Own for the Next 50 Years
Millennials looking for stocks to own for the next 50 years might want to consider these 10 companies from various sectors of the economy.
This Dividend-Paying Chip Stock Could Switch Up a Gear in 2020
Secular end-market growth should be a catalyst for chipmaker Analog Devices in the new year.
'Spider's web' of cycle paths in Swansea is leading the way forward, say campaigners
The council has secured £5.5 million this year alone to create more cycling and walking facilities
Clovis Oncology: Best In Class
From the fundamental front, Rubraca is procuring about $147.0M in annual sales even as a second-line drug. That robust growth is powered by a 38.7% year-over-year sales growth.Not satisfied with good,
A Nobel Prize winner dispels myths about retirement, real-estate investing tips, and advice for family-estate planning
Dear Readers,
U.S.-Israel tech firm WalkMe raises $90 million
JERUSALEM (Reuters) - U.S.-Israeli tech firm WalkMe said on Monday it raised $90 million in a funding round led by investment group Vitruvian Partners.
Equity inflows into mutual funds dip to 41-month low
Exit load triggers outflow, but analysts see investors flocking back
3 Healthcare Stocks to Buy Before the End of 2019
The year-end success of the healthcare sector has led to several strong stocks to buy. Here are three of the best healthcare stocks to buy.
HC asks RBI to reply to Kochhar’s plea
Court hearing arguments on termination of services of ex-ICICI Bank MD & CEO
Rupee climbs
But so does debt It has been a rough ride for the PTI government in terms of the economic issues it has had to face. The slide of the rupee against the US dollar, record inflation, ri
A national emergency: Eskom moves to stage-6 load shedding
Eskom has implemented stage-6 load shedding as the problems at the failed state-owned utility keep mounting.
“You’ve Got to Have Courage!” BP on Going “All-In” on the Cloud
The initial business case for a BP cloud migration was tight, admits Stewart Fry, BP's global VP for enterprise IT, with a laugh. But going all-in on AWS...
Can Debt Deal Save Chesapeake Energy Stock?
Seemingly out of nowhere, Chesapeake Energy stock received a lifeline with a debt financing deal. But should contrarians take the bait?
5 Restaurant Stocks Dominating Holiday Season Foot Traffic
Foot traffic is one of the best indicators of which fast-food restaurant stocks are best navigating the difficult environment.
Fed’s repo action for year-end crunch point oversubscribed
The Federal Reserve Bank of New York’s operation to inject cash into the financial system over the end of the year was oversubscribed on Monday, indicating that participants are still hungry for funding to take them into 2020.
The US has become one of the lowest-taxed countries in the world. Here are the 6 other nations with the smallest tax burdens.
The US tax burden slid to among the lowest for major global economies in 2018. It now sits above just Ireland, Chile, and Mexico, according ...
AR-15s Are Nothing: This Is What Makes the AR-500 Rifle so Dangerous
All of the fact.
China Orders All Government Offices, Public Companies To Replace Foreign PCs, Software
Beijing retaliates for Huawei blockage
Huge Christmas boost as Affinity Credit Union pays out €398,000
GOOD NEWS FOR TIPPERARY MEMBERS
Hurun’s list: Mukesh Ambani may soon break into top 5
Riding the digital wave, Mukesh Ambani, the first Indian to break into the global top 10 rich list, would emerge as one of the five richest people in the world in the next two or three years. The Chai
Killed Journalists
Down from 95 journalist killings in 2018, the International Federation of Journalists reported Monday that 49 journalists have been killed so far this year.
East of England nuclear contracts top £650m as Hinkley C contractors turn their attention to Sizewell C
More than £650m worth of nuclear contracts have been awarded to East of England companies for a nuclear power plant project which is set to provide the template for Sizewell C, it has been revealed.
AMCON takes over oil firm over N29b debt, appoints manager
The Asset Management Corporation of Nigeria (AMCON) on Monday took over Cedar Oil & Gas Exploration and Production Limited over N29 billion bad debt...
MamaMancini's Holdings, Inc.'s (MMMB) CEO Carl Wolf on Q3 2020 Results - Earnings Call Transcript
MamaMancini's Holdings, Inc. (OTCQB:MMMB) Q3 2020 Results Earnings Conference Call December 09, 2019, 08:30 AM ET Company Participants Greg Falesnik - IR, MZ North America Carl Wolf - Chairman, Chief
Walmart, Amazon to train MSMEs
E-com giants announce plans to help sector; brick-and-mortar traders peeved
New changes are coming to contactless payments that means your card could decline more often
The new rules could make Christmas shopping a lot more stressful
government bonds launches interest rate options on 10-year government bonds
As per the statement, interest rate options are based on the underlying government 10-year bonds -- the 7.26% 2029 bond and the 6.45% 2029 bond
PICTURES: Over 100 SADA tricycles burnt in WA
Over 100 tricycles belonging to the defunct Savannah Accelerated Authority (SADA) now Northern Development Authority (NDA) have been burnt in Wa, the Upper West Regional capital. The tricycles that have been abandoned in the open at the controller fuel station, were reported to have been burnt on Monday morning according to MyNewsGh.com sources. It is believed to have been caused by wild fire in view of the impending dry season accompanied by the harmattan winds and took fire fighters several hours to bring the inferno under control but most of them were burnt beyond repairs. Sale of tricycles The Northern Development Authority started the sale of tricycles that were purchased under the defunct Savannah Accelerated Development Authority (SADA).
India ranks 129 in UN's human development index
India climbed one spot to 129 among 189 countries in the 2019 human development index, according to a report released by the United Nations Development Programme (UNDP) on Monday.
Dev says MakerDAO attackers could turn $20M in Ethereum into $340M almost instantly
A software developer claims to have found a way in which to make an "incredibly profitable" but "expensive" attack to steal all the Ethereum available in MakerDAO.
Trucking giant Celadon files for bankruptcy after ex-officials charged with fraud
An Indiana trucking company with nearly 4,000 employees said Monday it filed for bankruptcy and will shut down all operations, just days after two former officials were charged in a fraud
Consumers Increasingly In The ‘Buy Now, Pay Later’ Mood
The rise of "buy now, pay later" shows the increased flexibility retailers are offering – and consumers are demanding – amid a changing commerce landscape.
China hopes for US trade deal 'as soon as possible'
China and the United States are negotiating a so-called "phase one" deal aimed at de-escalating their prolonged trade dispute.
Saudi Arabia favours stronger ties with India
‘Energy cooperation key to the strategic partnership between the two countries’
Over 100 million Nigerians earn less N700 daily – UK’s EFInA
The United Kingdom’s Enhancing Financial Innovation and Access (EFInA) has disclosed that over 100 million Nigerians earn less than N700 per day.
India set to be among top advertisement markets in 2019: GroupM and Zenith
The overall market size is expected to reach Rs 95,000 crore
CGST falls short of budget estimate by 40% in April-November
In 2018-19, the actual CGST collection stood at Rs 4,57,534 crore as against the provisional estimate of Rs 6,03,900 crore for the year
For a brief moment I forgot this amazing 1975 Pontiac Firebird is a 1975 Pontiac Firebird
I found myself actually considering this Pontiac Firebird. Bring a Trailer: The 400ci L78 V8 reportedly was rebuilt to stock specs in 2015, and the car is said to have accumulated less than 500 mil…
California fines CVS $3.6 million for failing to recycle
SACRAMENTO, Calif. (AP) — California is fining the nation's largest pharmacy health care provider a record $3.6 million for failing to redeem deposits on bottles and cans at some of...
Sports Illustrated owner Maven taps former publisher of New York magazine
New York magazine’s publisher Avi Zimak has been named to a top post at Maven, the tech and publishing company that is overseeing Sports Illustrated. Zimak, who also served as chief revenue officer
Daily Insider Ratings Round Up 12/6/19
Tables of the top insider purchases and sales filed with the SEC on 12/6/19, based on dollar value.Dollar values often do not equate with significance when it comes to insider trades.Proprietary Insid
Mutual Funds' asset base crosses Rs 27 lakh crore in November
Mutual fund houses witnessed an overall inflow of Rs 54,419 crore last month as compared to Rs 1.33 lakh crore in October
MahaMetro suggests Light Metro, Metro Neo for TS
Both can be built quickly to provide for faster public commute and do not require much land acquisition
Falling Rail Traffic Makes Union Pacific A Sell
UNP warned Q4 rail traffic could fall by double digits. Revenue could decline slightly less.UNP expects its 2020 operating ratio to remain below 60%, which is stellar.Cost cutting may not fully protec
Mortgage switching startup Dashly names first direct founder Harris chairman
Fintech pioneer and first direct founder Mike Harris has come out of retirement to take on the role of chairman at mortgage switching tool Dashly.
Be Wary of Ford’s High Dividend Yield
Be wary of the high Ford stock dividend yield. Ford still can't afford the dividend since its adjusted FCF is too low and not growing.
Gold price analysis: XAU/USD under pressure near four-month lows, trades below $1465/oz
Gold remains under bearish pressure near four-month lows below the 1465 resistance and the 50/100 SMAs.
Insider Selling: Five9 Inc (NASDAQ:FIVN) CMO Sells 3,007 Shares of Stock
Five9 Inc (NASDAQ:FIVN) CMO Ryan Kam sold 3,007 shares of the company’s stock in a transaction that occurred on Wednesday, December 4th. The shares were sold at an average price of $67.33, for a total transaction of $202,461.31. The sale was disclosed in a legal filing with the SEC, which is available through the SEC […]
SPDR MFS Systematic Core Equity ETF (NYSEARCA:SYE) Stock Price Up 0%
SPDR MFS Systematic Core Equity ETF (NYSEARCA:SYE) shares rose 0% on Monday . The stock traded as high as $88.11 and last traded at $88.11, approximately 16 shares traded hands during trading. A decline of 100% from the average daily volume of 4,722 shares. The stock had previously closed at $88.09. The firm’s 50 day […]
A Reality Check: Blockchain and DLT in International Trade
New study jointly conducted by international trade organizations focuses on possibilities and challenges of blockchain tech implementation to the industry.
Fines levied by the FCA rocket more than 500 per cent
The value of fines issued by City watchdog the Financial Conduct Authority (FCA) this year has soared to £391.8m. Research [...]
Smart Electric Bike Startup Cowboy Set to Launch Equity Crowdfunding Raise on Crowdcube
Cowboy, a Belgium-based smart electric bike startup, has announced plans to launch an equity crowdfunding campaign on Crowdcube later this week. The funding rou
Mkango Resources (LON:MKA) Trading 1.4% Higher
Shares of Mkango Resources Ltd (LON:MKA) traded up 1.4% during trading on Monday . The company traded as high as GBX 7.30 ($0.10) and last traded at GBX 7.25 ($0.10), 332,122 shares were traded during trading. A decline of 29% from the average session volume of 467,759 shares. The stock had previously closed at GBX […]
Liz Weston: How employers help workers save for rainy days
Everyone needs a rainy-day fund — your financial health depends on it. Your employer could help you build one.Many companies offer 401(k)s and other retirem
Turkey to establish logistics centers in African countries
Turkey is establishing logistics bases in African countries after seeing an exponential rise in trade in the last 16 years thanks to the country's Africa initiative
A Reality Check: Blockchain and DLT in International Trade
New study jointly conducted by international trade organizations focuses on possibilities and challenges of blockchain tech implementation to the industry.
KSRTC asked to raise issue of low-floor buses before RTA
Road Transport Authority is meeting on January 4
Letter to BS: NEFT system a step closer to achieving financial inclusion
The facility to transfer money through NEFT transaction on a round-the-clock basis will benefit many customers
Forex Club Shutters FX Operations in Russia
Forex Club has stopped accepting services for Russian users in what has become a trend in 2019.
NASA says core stage of next Moon rocket now ready
NASA has completed the giant rocket that will take US astronauts back to the Moon, the space agency's head announced Monday, pledging the mission would take place in 2024 despite being beset by delays. The Space Launch System (SLS) is the tallest rocket ever built at a towering 212 feet (65 meters
Top stocks to watch: YES Bank, Hero MotoCorp, ICICI Bank, Tata Motors and others
Shares of YES Bank will remain in focus after report suggested that the lender will reject an investment proposal of $1.2 billion from SPGP Holdings and Canada's Erwin Singh Braich
UK apprenticeship levy’s low take-up highlighted by survey
Two years after its launch, half of the companies covered by the scheme have yet to spend anything
Equity flows in MFs dip sharply, assets rise to a record in Nov.
With stock indices rising, investors opt for profit booking; gold ETFs see inflows
Tougher financial accountability rules come into force in UK
Asset managers, independent financial advisers and hedge fund managers are lable for bans or nines
iPath Series B Bloomberg Cotton Subindex Total Return ETN (NYSEARCA:BAL) Stock Price Down 1%
iPath Series B Bloomberg Cotton Subindex Total Return ETN (NYSEARCA:BAL) was down 1% during mid-day trading on Monday . The company traded as low as $38.71 and last traded at $38.71, approximately 130 shares changed hands during mid-day trading. A decline of 97% from the average daily volume of 4,426 shares. The stock had previously […]
Best printer for Mac in 2020: top printers for your Apple device
Looking for a great printer for your Mac? These are our top picks.
France's EDF to accelerate growth in renewable projects
PARIS (Reuters) - State-controlled utility EDF is targeting around 30% of the French solar power market by 2035 and aims to develop around 1 gigawatt (GW) of solar capacity per year from next year, the head of the company’s renewables business said on Monday.
As Onion Price Reaches Rs 200 Per kg, Centre Reduces Stock Limit For Retailers
For wholesalers, the stock limit remains 25 MT, while for retailers, is has further been reduced to 2 MT from the earlier 5 MT.
Why Canopy Growth Stock Just Popped 11%
Canopy just crowned a new king of cannabis.
Regtech: Centenal, CustomerXP, Dathena, IDfy, Merkle Science are the Top 5 Asian Regulatory Tech Firms according to Regtech100
Regtech100 recently published its latest list of the world’s top or best 100 regulatory technology (Regtech) firms. There were five Regtechs on the list that
Bitcoin in wait-and-see mode as downward trend persists
With Bitcoin’s wild price swings subsiding over the past week, investors are now looking ahead to its next potential breakout.
CGST collections miss target by 40% in Apr-Nov.
‘Registered 999 cases of GST evasion’
OZY Media sees "exponential growth" from MENA in entertainment, media
Mubasher: The global media pioneering company, OZY Media, said it will increase its focus on the entertainment and media industry across the MENA region.
Sensex rises 42 points; bank, auto stocks shine
Market benchmark BSE Sensex rose over 42 points on Monday to close at 40,487.43, driven by buying in select bank and auto counters.
Apple's first CES appearance in 28 years is all about privacy
It's on a panel, not the show floor.
After nod to Recycling of Ships Bill, India eyeing 60% global share: Govt
Terming the passing of the Bill as a giant step and a historical moment in the Indian maritime arena, Mandaviya said it will have far reaching effects on the ship recycling industry.
Facebook’s business strategy for the future: Conversational commerce
Facebook explains how they plan to develop commerce across their family of apps, with a focus on helping businesses grow, scale, and compete.
A Nobel Prize winner dispels myths about retirement, real-estate investing tips, and advice for family-estate planning
Investing Insider is your one-stop shop for high-profile investor interviews, trade recommendations, and actionable analysis.
Opec production cuts compliance could push oil price to $70
The combination of strong production cut compliance from Opec and its allies and a US-China trade deal could push the price of Brent crude to $70 in 2020.
Some of the world's most vital fresh water reserves are DRYING UP as scientists predict climate change and population growth will to lead to a 30 per cent increase in demand over the next 30 years
More than 30 of the world's leading scientists say mountain regions, which supply a quarter of the world's population - around 1.9 billion people - with freshwater, are drying up.
1 transported after SUV crashes into Miami Gardens cellphone store
MIAMI GARDENS, FLA. (WSVN) - Rescue crews have transported a person to the hospital after an SUV made a smashing stop into a Metro PCS...
Executives at state-run companies oppose privatisation of BPCL
Thousands of workers have already protested the privatisation of BPCL, fearing job losses, as India plans to invite international energy firms to participate in the privatisations
Brokerages Set Great Portland Estates PLC (LON:GPOR) Price Target at GBX 724.09
Great Portland Estates PLC (LON:GPOR) has been given a consensus recommendation of “Hold” by the fifteen brokerages that are currently covering the firm, Marketbeat Ratings reports. Five equities research analysts have rated the stock with a sell rating, six have issued a hold rating and four have issued a buy rating on the company. The […]
Stocks, gold gain as trade war spurs both hopes, concerns
NEW YORK (Reuters) - Global equity markets advanced on Monday as stocks on Wall Street held near record highs on hopes U.S.-Sino talks delay a U.S. tariff deadline this coming Sunday, while gold rose as investors hedged against a possible escalation in the trade war.
Aim is to boost private investment, says CEA
‘Corporate tax rate cut will help’
AUD/USD price analysis: Australian dollar stuck near daily highs, challenging 0.6836 resistance
After the initial bullish breakout at the start of December, AUD/USD is remaining in range near the 200-day simple moving average (DMA).
Centre begins training States on piped water quality standard
Jal Shakti Ministry yet to respond on BIS draft quality control order
Paul Volcker, former Fed chairman, dies at 92
Paul Volcker, the former chairman of the Federal Reserve known for his battles against inflation in the late 1970s and early 1980s, has died. He was 92.
Environmental group in Singapore pushes for sustainable palm oil use
Environmental group in Singapore pushes for sustainable palm oil use
S&P 500, Nasdaq edge higher; tariff deadline in focus
NEW YORK, Dec 9 — The S&P 500 and Nasdaq indexes edged higher today, with investors keeping a close watch on headlines around US-China trade as planned tariffs on Chinese imports kick in on December 15. Beijing and Washington are negotiating a first phase trade deal aimed at de-escalating...
Go-Ahead Group plc (LON:GOG) Receives Average Rating of “Hold” from Analysts
Go-Ahead Group plc (LON:GOG) has earned an average recommendation of “Hold” from the seven ratings firms that are presently covering the stock, MarketBeat Ratings reports. One research analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation and three have issued a buy recommendation on the company. The average 1 […]
Bharat Bond ETF to open this week: check date, investment, return, other details
The Bharat Bond ETF will have a base size of Rs 7,000 crore, with a green shoe option of additional Rs 8,000 crore. Retail investors can invest with the minimum investment amount of Rs 1,000 and in multiples of Rs 1,000 thereafter
Huobi US Closes Doors After Weak Demand
The US partner of the Huobi exchange has decided to fold its business, due to low demand and liquidity. The HBUS platform will stop its operations after
Bad news for Trump — 60% of Americans say the surging stock market doesn't affect them, Business Insider - Business Insider Singapore
Business Insider - Only 40% of respondents in the Financial Times poll said that the stock market had gone up this year. The S&P 500 has soared about 26% in 2019.. Read more at businessinsider.sg
McLaren evaluating India entry
British supercar maker McLaren is looking to expand to our market in the coming years. Click here for all the details.
Zacks: CNS Pharmaceuticals Inc (NASDAQ:CNSP) Receives Average Rating of “Strong Buy” from Brokerages
Shares of CNS Pharmaceuticals Inc (NASDAQ:CNSP) have been given an average broker rating score of 1.00 (Strong Buy) from the one brokers that provide coverage for the company, Zacks Investment Research reports. One equities research analyst has rated the stock with a strong buy rating. Zacks has also assigned CNS Pharmaceuticals an industry rank of […]
Wattpad to open second headquarters in Halifax in early 2020
The storytelling platform said Monday that starting early next year it will have a team based out the 60,000-square-foot Volta innovation hub in the city's downtown core to better integrate with the local tech community.
Universal Insurance mulls new capital raising to boost capital base
Universal Insurance Plc is considering raising new equity funds to bolster its operations and strengthen its capital base ahead of deadline for ...
Traffic and transportation strategies for the 2020 Games
Innovative traffic and transportation management strategies are being developed to handle the surge in travelers and traffic during the games and the various trial events.
Tesco shares jump on possible sale of Asian business
Share price soars as grocery chain announces review of its Asian operations
Ethereum Developers Are Creating a Revolutionary Open Financial System: Report
To combat failing fiscal policies, currency manipulation and a shadow banking system that continues to feed fee-grabbing financial intermediaries, Ethereum developers are building tools that reimagine how money flows and how financial services are provided.
Mr. Kenney goes to Ottawa and income inequality; In The News for Dec. 9
In The News is a roundup of stories from The Canadian Press designed to kickstart your day. Here is what's on the radar of our editors for the morning of Dec. 9. What we are watching in Canada ...
VA Tech Wabag, Ion Exchange rally over 15% after NGT grim report on water pollution
Va Tech Wabag is a multinational player in the water treatment industry.
Avocados with edible coating to go on sale in Europe for first time
US technology allows fruits to stay ripe for twice as long and reduces plastic packaging
N. Korea believed to test new rocket engine to provoke US
SEOUL, South Korea (AP) - A day after North Korea said it had performed a "very important test" at its long-range rocket launch site, there is wide speculation that it involved a new engine for either a space launch vehicle or a long-range missile.
How to Keep Your Solo Business Successful Without You
Solo entrepreneurs are notorious for not having a succession plan. If you want impact, you need to design for success without you. Here's how to start
Lynas says investing in new plant to extract low-level radiation before shipping ore here
KUALA LUMPUR, Dec 9 — Lynas Corporation Ltd said today it will open a new cracking and leaching plant in Kalgoorlie, Western Australia to extract low-level radioactivity from materials to be shipped to Malaysia for final treatment. The Australia-based rare earth miner said it has signed an option...
The next booster shot to revive economy may not be far away
Going by what the indicators are showing so far, third quarter doesn't hold any hopes of revival.
Driver miraculously escapes after tree falls on car in Co Cork during Storm Atiyah
Shocking pictures show extensive damage to the windscreen after an enormous tree fell due to the high winds
First Trust New Opportunities MLP & Energy Fund: Our Top Pick Among MLP CEFs
FPL has presented a strong performance in 2019 despite continued weakness in MLPs and the midstream energy industry.We think the fund has value considering current discount to NAV and potential rebou
IDEG Launches 2 Bitcoin Trusts in Asia
Digital asset management firm IDEG Investment on Sunday announced the launch of two crypto trusts - Asia Bitcoin Trust I and Atlas Mining Trust I.
What’s driving capital market developments in South Africa and Namibia? - CityAM
South Africa - the second-largest economy in Africa after Nigeria - has considerably higher GDP than its sub-Saharan neighbours.
Loan defaults mainly due to salary delays, biz downturns, says survey
The survey comes months after official data showed that unemployment is at a four-decade high, the pace of economic growth slipping to a six-year low
Age of the rental: SOC as a service, IaaS, DaaS, HaaS
Challenging economic forecasts and complex local and global political outlooks has companies focused on sustainability, says Patrick Reeves, managing executive at Axiz.
India Ends Disappointing Year in Crypto, Will 2020 Be Better?
Regardless of crypto market price action, some countries have had a better 2019 than others. India has been on the back foot for most of it ...
Meet the "Blue Magpie": Taiwan's New Domestically-Made Fighter?
Here's what we know.
Climate change policies are going to be costly, says U.N.-backed report
Tighter government climate regulations by 2025 could wipe up to $2.3 trillion off the value of companies in industries ranging from fossil fuel producers to agriculture and car makers, an investor group warned in a report. Rules aimed at lowering carbon emissions are expected to accelerate in the coming years as countries scramble to meet obligations under the 2015 Paris climate agreement limiting global warming. "As the realities of climate change catch up, social pressure mounts, and low car
South Korea jails three Samsung Electronics executives over evidence destroyed in probe of alleged fraud
SEOUL (Reuters) - A South Korean court on Monday jailed three executives of Samsung Electronics (005930.KS) for their role in a plot that included burying computers under factory floors at its biotech affiliate, in an investigation of alleged accounting fraud.
CAPA's World Aviation Outlook Summit heads to London Stansted in 2020
CAPA – Centre for Aviation (CAPA) announced London Stansted Airport as the host of the CAPA World Aviation Outlook Summit in 2020 during this year’s Summit proceedings in Malta. To be held on 2-3 Decεμβερ 2020, the Summit will welcome over 200 aviation executives to analyse the industry’s performance over the year, discuss the current state of play and forecast the outlook of the aviation market. Covering all regions - Europe, Asia, Middle East, Americas and beyond - expert speakers will
I'm Frustrated that My Company Won't Hire My Husband
Can I get them to reconsider?
YES Bank likely to reject $1.2 billion offer from Canada’s Braich
The offer from Braich and SPGP made up 60 per cent of the planned capital raising.
Oil prices stumble on weak China exports hangover
Oil prices fell on Monday after data showing China's overall exports of goods and services shrank for a fourth straight month, sending shivers ...
Should I buy from Kickstarter?
You can find many interesting things on Kickstarter. We explain why it's not like normal online shopping, and the things to watch out for before you spend any money.
Environment is the big winner in latest Council funding
Monday 9 December
DAI Flippens SAI 3 Weeks After Multi Collateral DAI Launch
The total amount of SAI (single collateral DAI) that was converted to DAI has exceeded 50 percent of outstanding supply. At this rate, we could see nearly all SAI migrating to DAI by the end of 2019. Maker has been exceptionally healthy, faring well even as ETH and BAT prices continue to fall, December 9, 2019.
At $1.6 trillion a day, EM FX trading outpaces major peers
Currency trading grew at a faster pace in emerging markets than developed nations.
Higher MSP fosters surge in paddy arrivals in Chhattisgarh's centres
Over 700,000 tonnes of the crop arrived in a week. State has till date disbursed Rs 7,000 cr to farmers, who will be paid Rs 1,815 a quintal for common grade and Rs 1,835 for A-grade produce
Is the FDA's Speedy Approval of New Drugs Putting Us at Risk?
The Food and Drug Administration's rapid approval of drugs may be a blessing in disguise, potentially putting life-threatening drugs into the marketplace.
Inflated haredi draft numbers: 'The orders came from the top'
Former officer in IDF's manpower directorate who was involved in inflating of haredi draft numbers says orders 'came from the top.'
China’s Central Bank to Lead Real-World Pilot of Digital Yuan: Report
A limited debut of China’s long-touted central bank digital currency is set to begin in the city of Shenzhen by the end of 2019, according to a media report.
European companies minimise risks from US-China trade war
European companies in China have been able to minimise the effect from the tariff war between Beijing and Washington, although some are considering relocating their businesses, the EU Chamber of Commerce said Monday.
Creswick Woollen Mills: Huge upgrades unveiled
More than $1 million was injected into the tourist attraction
Armed with new data, BMS plans filings for Celgene CAR-T liso-cel
Shortly after closing its takeover of Celgene, Bristol-Myers Squibb has reported a positive trial for liso-cel, one of the
Beijing kicks overseas kit out
China directed all government offices and public institutions to replace non-domestic computer equipment and software ...
Trans Adriatic Pipeline nearly completed, will be operational in October 2020, says official
Over 90% of the Trans Adriatic Pipeline (TAP), the European leg of the Southern Gas Corridor (SGC), is completed and will start delivering Azerbaijani gas...
At $1.6 trn a day, EM currency trading outpaces peers, rupee deals double
In early 2016, emerging-market currencies began a two-year rally that took MSCI Inc.'s gauge to a record as investors sought higher-yielding assets
India climbs one spot to 129th in 2019 human development index: UNDP
In India, 27.1 crore people were lifted out of poverty from 2005-06 to 2015-16, UNDP India resident representative Shoko Noda said
South Korea: Gov’t Seeks to Tax Crypto Transactions as Capital Gains
South Korea's government plans to tax capital gains returns on cryptocurrency transactions.
China Tells Government Offices To Remove All Foreign Computer Equipment
China has ordered that all foreign computer equipment and software be removed from government offices and public institutions within three years, the Financial Times reports. hackingbear writes: The government directive is likely to be a blow to US multinational companies like HP, Dell and Microsof...
Indonesia’s export ban can boost nickel exports from the Philippines to China, says GlobalData
Nickel is mined from many sources around the world and is presently used for stainless steel, nonferrous alloys, electroplating, alloy...Read More...
Why health care premiums are higher in rural places
Why do rural patients pay higher health care premiums? New research finds it's not primarily an issue of having too few doctors.
Breaking: Over 100m Nigerians earn less than N700 per day — EFInA
A survey report by EFInA has shown that over 100 million Nigerians earn less than N700 per day which limits them to save, make income or take risks on...
10 things in tech you need to know today
Elon Musk won the defamation trial over his 'pedo guy' tweet and TikTok's chief is headed to Washington this week.
Mr. Kenney goes to Ottawa and income inequality; In The News for Dec. 9
In The News is a roundup of stories from The Canadian Press designed to kickstart your day. Here is what's on the radar of our editors for the morning of De
Retired cop killed in QC buy-bust
Anti-scalawag operatives of the Philippine National Police (PNP) killed early Monday morning a recently retired policeman in a buy-bust operation in Quezon City.
Satoshi Nakaboto: ‘Ermahgerd, there’s a Bitcoin node in the International Space Station now’
Our robot colleague Satoshi Nakaboto writes about Bitcoin BTC every fucking day.
QCB set to announce FinTech strategy
Qatar Central Bank (QCB) Governor H E Sheikh Abdulla bin Saoud Al Thani said yesterday that the central bank is working on the banking industry’s financial technology (FinTech) strategy, in cooperation with leading financial institutions and financial technology companies. The strategy, where the central bank would contribute to creating a modern regulatory environment that supports innovation and market stability, will be announced soon, he said.
Help/Systems to acquire Clearswift
Clearswift is a UK-based content threat protection software company.
World Bank takes a stance on Isimba hydropower project
The World Bank has approved a Management Action Plan, in response to complaints regarding the construction of Isimba Hydropower Project.
Florida Green Lodging Program awards Hutchinson Shores Resort & Spa a Three Palm Status
The Florida Department of Environmental Protection’s Green Lodging Program has awarded the coastal-inspired Hutchinson Shores Resort & Spa with a Three Palm Status, designating the resort as a facility committed to protecting the state’s natural resources. Hutchinson Shores Resort & Spa scored in the third highest percentile in the fields of sustainable communication and education, waste reduction, reuse and recycling, water conservation, energy efficiency and indoor air quality to achieve this commended award. Launched in 2004, the Florida Green Lodging
The 2019 CPhI Pharma Index Report
Examining this year’s industry performance
Big European firms ‘dodging China-US tariffs by shifting supply chains’
European companies are ‘settling in’ to the trade war, Chamber president says
GBP/USD eases from 8-month tops, still comfortable above mid-1.3100s
The GBP/USD pair spiked to fresh eight-month tops during the early part of Monday's trading session, albeit quickly retreated around 20 pips thereafte
PayPal’s Schulman: Why Payments’ Biggest Innovations Are Yet To Come
PayPal CEO Dan Schulman shares why he expects breakthroughs in the payments ecosystem to happen at a fast pace in the coming decade.
Dart text alert system receives 145 messages in three months
Fireworks being set off on trains, passengers drinking and taking drugs, and people urinating on platforms are some of the issues raised with Dart security staff.
Kenya’s President Uhuru Kenyatta comes up with 6 areas Africa and Caribbean countries need to join hands and put their money in
President Uhuru Kenyatta has outlined six key focus areas that need revamping in order to jump start industrial transformation of the African, Caribbean and Pacific (ACP) member countries.
ASSA ABLOY AB/S (OTCMKTS:ASAZY) Receives Average Recommendation of “Hold” from Brokerages
ASSA ABLOY AB/S (OTCMKTS:ASAZY) has received an average rating of “Hold” from the seven analysts that are presently covering the stock, MarketBeat reports. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and one has issued a buy rating on the company. The average 1 year target […]
Airbus stock outperforms Boeing as 737 uncertainty continues
Some expect Airbus’s shares to continue to benefit from the confusion in 2020.
Eskom Announces Implementation Of Stage 4 Load Shedding On Monday
The situation on the electricity front is not getting any better with Eskom now announcing it will implement stage 4 load shedding again from 10 am on Monday morning. The overwhelmed utility had planned to roll out stage 2 until 11 pm. But it said it lost additional units at some of its power stations. Eskom has […]
'India took only five years to move from USD 2 to USD 3 trillion economy'
"It took us nearly 60 years after independence to achieve USD 1 trillion mark. It took 12 years to achieve our second trillion (dollar economy). And it has taken only five years, 2014 to 2019, to achieve the third trillion economy," Indian Ambassador to the US, Harsh Vardhan Shringla, said in his address to the Indian-American community.
N. Korea believed to test new rocket engine to provoke US
While no rocket or weapons launch from North Korea was detected over the weekend, many foreign experts speculate that North Korea tested a new high-thrust engine, which is needed to launch bigger, more powerful rockets.
South Korea Financial Markets
Stock markets weakened during European trading on Monday as investors weighed the possibility of more U.S. tariffs on China and the outlook for negotiations on the trade dispute. A Chinese official said that Beijing wants a prompt settlement of its trade war with Washington as another U.S. tariff hike
Lib Dem leader Jo Swinson: Somebody suggested I should wear lower cut tops
Ms Swinson said she believes UK politics ‘can be better’.
Nigeria set to open extractive industry ownership register -- Here's how it will work
This week, Nigeria will launch the Beneficial Ownership Register in the extractive industries in line with the global EITI standards.
Gameloft UK shuts down
Update: Mobile publisher confirms layoffs in Brisbane, closed Manila office earlier this year
NERSA to hold Eskom RCA public hearings in Feb 2020
The National Energy Regulator of South Africa (NERSA) has announced the timelines to process Eskom’s RCA application for the 2018/19 financial year.
Asian stocks pulled higher by Wall Street jobs rally but China caution prevails
Asian stocks edged up on Monday, catching some of Wall Street's momentum after surprisingly strong U.S. jobs data although regional gains were ...
Recent cut in corporate tax rate was done to boost investments: CEA
"Private investment is the driver of economic growth. Steps that we are taking, be it corporate tax rate cut, be it code on wages and industrial relations, is to try and create a more favourable environment for investment," Subramanian said at the FICCI Young Leaders Summit
DART security alert system receiving dozens of passenger texts each month
Fireworks being set off on-board, passengers drinking and taking drugs and people urinating on pl...
How to treat your money well
India Business News: NEW DELHI: Regret is tough to deal with.
Shopping local is part of a vibrant community
Buying locally is an integral part of what it takes to have a healthy and vibrant community. By encouraging our consumers to do their holiday shopping in locally owned businesses it increases the measurable effect that every dollar spent in a local business has on local economies.
European stocks stutter as attention turns to trade deadline, central bank meetings
LONDON, Dec 9 — European stocks fell today as worries about a Chinese economic slowdown and the US-China trade war outweighed Friday’s strong US jobs data, in a quiet start to trading before several big events later in the week. The Federal Reserve meets on Wednesday and new European Central...
These are the African countries with the best 4G internet coverage
Every year, the Global Connectivity Index (GCI) by Huawei ranks 79 nations along an S-curve graph. The S-curve groups countries into three clusters: Starters, Adopters, and Frontrunners based on ICT investment, ICT maturity, and digital economic performance. This year’s GCI research methodology has been expanded to help policymakers understand AI’s growing influence on the global...
PBoC to Test Crypto Yuan with Telecom Firms, Commercial Banks
People’s Bank of China is entering another stage of its tests for a crypto payment system. This will be carried out telecom firms and banks.
Exergy helps insurers overcome complexities surrounding Debicheck
Exergy automates the Debicheck mandate process for insurers who have already implemented it.
IFA staging blockade outside Tesco distribution centre in Dublin
The latest blockade is part of the ongoing farmer campaign for an increase in beef prices.
How China Mobile Sustains A 5% Dividend Yield, In 5 Charts
China Mobile is the largest mobile phone operator in the world, again trading at a 5% dividend yield backed by steady free cash flows.Compared with both domestic and US telecom counterparts, China Mob
Parker Solar Probe Scientists Reveal Jaw-Dropping First Results From the Sun
Last week, scientists released the surprising initial results from the Parker Solar Probe’s first two close encounters with the Sun.
Progress towards liberalized and harmonized regulatory frameworks key to unlocking full benefits of air connectivity
Montreal and Aqaba, Jordan, 6 December 2019 - At the Twelfth ICAO Air Services Negotiation Event taking place in Aqaba, Jordan this week, ICAO Council President Dr. Olumuyiwa Benard Aliu encouraged progress towards liberalized and harmonized regulatory frameworks for air transport, and highlighted the importance of air connectivity for sustainable development, particularly for the Middle East. “Besides the fact that air connectivity generates over 2.4 million jobs in this Region, and $130 billion dollars in Middle East Gross Domestic Product (GDP),
France braces for further travel chaos as pension strike continues
Only a fifth of high-speed trains and cross-country services are expected to run in France on Monday as strikes over President Emmanuel Macron's pension reform continue.
10 Highest Paid Engineering Majors in the U.S.
Engineering could be the right major for you. But which discipline should you choose if you're really keen for a high starting salary?
Singapore authority revokes Inter-Pacific Petroleum’s bunker supplier licence
SINGAPORE, Dec 9 — The Maritime and Port Authority of Singapore (MPA) has revoked the bunker supplier licence of Inter-Pacific Petroleum Pte Ltd effective today. In a statement here, MPA said Inter-Pacific would cease to operate as a bunker supplier in the Port of Singapore. According to the...
Anthill Ventures, Rana Daggubati launch scale up platform for startups
The startups might receive investments to the tune of $1,00,000 upfront and up to $1 m upon programme completion
Managing data, security in a multi-cloud environment
The ITWeb Cloud, Data Centre & DevOps Summit will unpack the latest knowledge about managing multi-cloud environments.
Indigo Paint's IPO may fetch 3.5x returns for Sequoia in partial exit
The fund-raising comes at a time when the company plans to penetrate cities and scale up investments and become a key player in the industry
Recent cut in corporate tax rate was done to boost investments: CEA
"Private investment is the driver of economic growth. Steps that we are taking, be it corporate tax rate cut, be it code on wages and industrial relations, is to try and create a more favourable environment for investment," Chief Economic Adviser KV Subramanian said at the FICCI Young Leaders Summit. He said investment is required for a sustained economic growth.
EUR/USD keeps highs as Eurozone Dec Sentix Investor Confidence beats estimates with +0.7
Investor confidence in the Eurozone improved sharply in December amid looming US-China trade tensions and German recession, the latest data published
Payments Role In Innovating Appointment-Based Businesses
Boulevard discusses the unique needs of salons to elevate their one-to-one client relationships with technology that can also widen their margins.
Rivers: Gov. Wike Approves Payment For 2,673 New Retirees
Rivers State Governor Nyesom Wike has approved the inclusion of 2,673 additional retirees into the monthly pension payment scheme of the state government.